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PRESS DIGEST-Indonesian Business News - May 27

Mon May 26, 2008 10:25pm EDT

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Following are the leading business stories in the main Indonesian newspapers on May 27.

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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

- LAWMAKERS QUESTION PRIVATISATION OF KRAKATAU STEEL

The Indonesian government's plan to privatise state-owned steel-maker PT Krakatau Steel continues to stir debate in parliament with some parliamentarians opposing the plan.

- RIO TINTO SUES CENTRAL SULAWESI REGENCY OVER MINING RIGHTS

Coal miner Rio Tinto (RIO.AX)(RIO.L) on Friday filed a suit against the regional government of Morowali in Central Sulawesi after they granted mining rights to local firms in an area Rio Tinto said is still the subject of ongoing negotiations between the mining giant and the central government.

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BISNIS INDONESIA

- BANK OF CHINA FINANCE INDRAMAYU POWER PLANT

Bank of China has provided loan for the construction of a power plant in Indramayu, West Java, with a total value of $592.2 million.

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