PRESS DIGEST-Indonesian Business News - April 29
Following are the leading business stories in the main Indonesian newspapers on April 29.
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JAKARTA POST
- GOVERNMENT URGED TO CAP FUEL SUBSIDY ON RISING OIL PRICE
A leader of parliament budget committee urged the government to cap fuel subsidy spending and allow the domestic regulated fuel price to increase amid rising global oil prices.
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INVESTOR DAILY
- GOVERNMENT MAY REVISE INDUSTRIAL GROWTH TARGET ON OIL PRICES
The government may revise down its growth target for industry this year amid rising energy prices, Industry Minister Fahmi Idris said.
- SENIOR PERMATA, DANAMON BANKERS MOVE TO BTPN
Senior executives from PT Bank Permata Tbk (BNLI.JK) and PT Bank Danamon (BDMN.JK) moved to PT Bank Tabungan Pensiunan Negara Tbk (BTPN.JK) after its shareholders approved their appointment.
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