• Most Popular
  • Most Shared

PRESS DIGEST-Indonesian Business News - May 22

Wed May 21, 2008 9:52pm EDT

Stocks

   

Following are the leading business stories in the main Indonesian newspapers on May 22.

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).

- - - -

JAKARTA POST

- BIG OIL FIRMS SHORT ON OUTPUT TARGETS

Most oil contractors in Indonesia failed to reach their daily production targets in the first four months of 2008, Indonesia's directorate-general of oil and gas said on Wednesday.

- - - -

BISNIS INDONESIA

- BANK MEGA MULLS $200 MLN BOND ISSUE

Indonesian lender PT Bank Mega Tbk (MEGA.JK) is considering raising $200 million from the sale of dollar-denominated bonds to fund expansion and for working capital.

- PARLIAMENTARIANS URGE IPO, NOT STRATEGIC SALE OF STEELMAKER

Several members of parliament urged the government to cancel the sale of a strategic stake in steelmaker PT Krakatau Steel and opt for an initial public offering instead.

- - - -



More from Reuters

Photo

U.S. probing if al Qaeda linked to airplane incident

WASHINGTON (Reuters) - The United States is investigating whether al Qaeda was involved in a Christmas Day attempt to blow up a passenger jet, but there is no early evidence the Nigerian suspect in the case was part of a larger plot, a senior U.S. official said on Sunday. | Video

» More Top News
A Delta Airbus 330 airliner sits on a runway at Detroit Metropolitan Airport in Romulus, Michigan in this video grab made December 25, 2009. Credit: REUTERS/WDIV TV/Handout

The battle in mid-air

The attraction of bombing airliners means the aviation industry has to be constantly vigilant in its fight against attackers.  Full Article 

U.S.
A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
Political Risk in 2010:

Don't say we didn't warn you

With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

Global Markets