PRESS DIGEST-Indonesian newspapers - Aug 15
Following are some leading stories in the main Indonesian newspapers on Aug 15.
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JAKARTA POST
- GOVT TO SET ASIDE 20 PCT OF BUDGET FOR EDUCATION
The government will set aside 20 percent of the state budget in 2009 for education as required in the Constitution, presidential spokesman Andi Mallarangeng said.
- ELEPHANTIASIS ENDEMIC IN TANGERANG - HEALTH AGENCY
The health agency in West Java's Tangerang regency said that elephantiasis is endemic in 60 villages in the regency, with 242 cases found over the past eight years, and that they will provide free mass treatment to curb the spread.
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BISNIS INDONESIA
- WASKITA KARYA POSTPONES OFFERING
Indonesian state-owned construction company PT Waskita Karya said it has delayed its initial public offering until the middle of next year from the second semester this year due to poor market conditions.
- BUKIT ASAM ACQUIRES PRIMA COAL
Indonesia's third-largest listed coal miner, PT Tambang Batubara Bukit Asam Tbk (PTBA.JK), said it has acquired 51 percent of PT International Prima Coal, a coal miner in East Kalimantan province, with 45 million tonnes of coal supply.
- OIL WATCHDOG PREPARES 3 OPTIONS FOR CEPU BLOCK
Energy watchdog BPMigas, said it is preparing three possible options to optimalise oil lifting from Cepu oil block, Indonesia's biggest oil find in a decade.
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INVESTOR DAILY
- BNI APPROVES BOSOWA'S DEBT RESTRUCTURING
Indonesia's fourth-largest lender, PT Bank Negara Indonesia Tbk (BBNI.JK), said it has approved a 584 billion rupiah ($64 million) debt restructuring for South Sulawesi-based cement maker PT Semen Bosowa.
- GOVT TO CONSIDER CUTTING SUBSIDISED FUEL PRICES
Indonesian government will consider reducing state-controlled subsidised fuel prices if global oil prices decline further and reach $100 per barrel, according to Evita Legowo, director general of oil and gas.
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