PRESS DIGEST-Indonesian Newspapers - May 12
Following are some leading stories in the main Indonesian newspapers on May 12.
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JAKARTA POST
- POLICE INVESTIGATE GRAFT ANGLE IN MURDER CASE
Police are investigating the possibility that corruption scandals were tied to the murder of an official at state owned pharmaceutical company PT Rajawali Nusantara, a Jakarta police official said. - HEALTH MINISTER ORDERS A STOP TO DENGUE RESEARCH
Indonesian health minister Siti Fadillah Supari has ordered a hospital in Bandung and a university to halt a joint dengue fever research project with the U.S. Naval Medical research unit (Namru 2) amid a dispute over its permission to operate in Indonesia.
- CORRUPTION COSTS INDONESIA NEARLY 200 TRLN RUPIAH SINCE JAN
Indonesian Attorney General Hendarman Supandji told lawmakers that 425 corruption cases had been investigated by state prosecutors since January this year and that the total value of money embezzled so far was 2 trillion rupiah ($193.8 million). Much of the money remains unretrievable, he said.
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JAKARTA GLOBE
- INDONESIAN WEAPONS AND ARMY SUPPLIERS SEEK SPECIAL DEAL Four state owned companies that supply the Indonesian army have called on the government to favour domestic companies over international suppliers, said a director of one of the companies, PT Pindad.
- ATTORNEY GENERAL'S OFFICE GIVES UP ON MUD VOLCANO CASE
The Attorney General's office has said it will not pursue a criminal case against PT Lapindo Brantas -- a company linked to the family of chief welfare minister Aburizal Bakrie -- which is alleged to have accidently created a devastating mud volcano in East Java.
Attorney General Hendarman Supandji told lawmakers the government was unlikely to win a case in court because of conflicting views from geological experts on the cause of the volcano.
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INVESTOR DAILY
- JASA MARGA TO PAY OUT 35 PCT OF PROFIT FOR DIVIDEND
Indonesian toll road operator, PT Jasa Marga Tbk (JSMR.JK), has proposed paying out 35 percent of its 707.8 billion rupiah ($68.58 million) net profit last year in dividends, finance director Reynaldi Hermansjah said.
- GOVERNMENT TO PROHIBIT EXPORT OF RAW MATERIALS
The government has committed to outlaw the export of raw materials starting in the second half of 2009 in a bid to support revenue of domestic contractors and increase competitiveness, the head of Indonesia's state investment agency (BKPM) Muhammad Lutfi said.
- INDONESIA'S DANAMON RECEIVES 382.5 BLN RPH IN DIVIDENDS
Indonesia's fifth-largest lender PT Bank Danamonm Tbk (BDMN.JK) has received 382.5 billion rupiah ($37.06 million) of dividends from its subsidiary PT Adira Dinamika Multi Finance Tbk (ADMF.JK).
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BISNIS INDONESIA
- MANDIRI SEKURITAS EYES 1.5 TRLN RPH FROM UNDERWRITING
Indonesian brokerage, PT Mandiri Sekuritas, expects to underwrite 1.5 trillion rupiah ($145.3 million) of bonds amid expectations for better conditions in the country's bond market, said investment banking director Iman Rachman.
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