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PRESS DIGEST-Indonesian newspapers - July 2

Tue Jul 1, 2008 9:14pm EDT

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Following are some leading stories in the main Indonesian newspapers on July 2.

Reuters has not verified these stories and does not vouch for their accuracy. Telephone: Editorial: +62-21-384-6364. Fax: +62-21-344-8404 or Help Desk: +803-061-2124 (toll free).

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JAKARTA POST

- TELKOM SIGNS DEALS TO BOOST SERVICES

Indonesia's largest telecommunication company, PT Telekomunikasi Indonesia Tbk (TLKM.JK), has signed deals with nine foreign operators to expand its service capacity, Sarwoto, a division head at the company, said.

- BUSINESSMAN DETAINED FOR ALLEGED BRIBERY OF LAWMAKER

Indonesia's Corruption Eradication Agency (KPK) has detained a businessman suspected of bribing a lawmaker, a senior prosecutor at the agency said, the fifth active lawmaker to be detained this year.

- FORMER JAKARTA GOVERNOR TO FACE QUESTIONING OVER GRAFT CASE

Former governor of Jakarta, Sutiyoso, will be questioned as a witness in a graft case, a senior prosecutor at Jakarta's prosecutor's office said.

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BISNIS INDONESIA

- EXCELCOM BUYS BACK $122.29 MLN WORTH OF BONDS

Indonesia's third-largest mobile phone operator, PT Excelcomindo Pratama Tbk (EXCL.JK), bought back $122.29 million worth of bonds as part of efforts to cut the company's interest expenses.

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INVESTOR DAILY

- ENERGY SERVICE COMPANY EYES 350 BLN RUPIAH IPO

Indonesian energy services company, PT Prime Petroservices, aims to raise 350 billion rupiah ($37.98 million) by selling around 30 percent of its share capital through an initial public offering this year.

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