PRESS DIGEST-Indonesian newspapers - July 4
Following are some leading stories in the main Indonesian newspapers on July 4.
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JAKARTA POST
- FORMER TOP CENTRAL BANK OFFICIALS ACCUSED OF GRAFT
Prosecutors for Indonesia's Corruption Eradication Commission (KPK) charged two senior officials at the central bank with graft and abuse of power and alleged that four former officials including former governor Burhanuddin Abdullah had violated the law.
- GOVERNMENT TO REGULATE COMPANIES' OPERATING HOURS
The government plans to issue a regulation on companies' operating hours in a bid to reduce electricity consumption amid soaring oil prices, Industry Minister Fahmi Idris said.
- AIRPORT TRAIN PROJECT ATTRACTS FEW INVESTORS
Investors are hesitant to take part in a railway project connecting Jakarta's Soekarno-Hatta International Airport and South Jakarta's Manggarai train station despite its profitable prospects, a senior official at the Transportation Ministry said.
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KOMPAS
- SOUTH SUMATRA TERRORIST SUSPECTS LINKED TO NOORDIN TOP
National police said terrorist suspects that were arrested in Palembang, South Sumatra, had connections with fugitive Malaysian Noordin Mohammad Top, who is wanted for alleged involvement in series of bomb attacks in Indonesia.
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BISNIS INDONESIA
- INDOSAT'S TENDER OFFER TO FOLLOW NEW RULES
Qatar Telecom QTEL.QA said its plan to increase its stake in PT Indosat Tbk (ISAT.JK), Indonesia's second-largest mobile phone operator, will be in accord with the new takeover policies announced by capital market watchdog Bapepam.
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INVESTOR DAILY
- TRIKOMSEL EYES $100 MLN IPO
Indonesian telecom firm, PT Trikomsel Oke, aims to raise $100 million rupiah by selling up to 40 percent of its share capital through an initial public offering in early 2009.
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