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PRESS DIGEST-Indonesian Business News - April 15

Mon Apr 14, 2008 8:47pm EDT

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Following are the leading business stories in the main Indonesian newspapers on April 15.

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

- GOVT GRANTS RIO TINTO FIXED RATE TAX FOR PROJECT

The Indonesian government said it has granted global mining giant Rio Tinto (RIO.L)(RIO.AX) a fixed-rate tax facility for its $3-billion nickel project in Sulawesi.

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BISNIS INDONESIA

- FEDERAL FINANCE MULLS INCREASING BOND ISSUE TO 1.5 TRLN RPH

Indonesia's largest motorcycle financing company, PT Federal International Finance (FIF), said is considering increasing its planned bond issue to 1.5 trillion rupiah ($163.3 million) from 1 trillion rupiah.

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INVESTOR DAILY

- WILMAR PLANS UP TO 6 TRLN RPH INDONESIAN INVESTMENT THIS YR

Wilmar International Ltd (WLIL.SI), the world's largest palm oil trader, said it plans to invest between 5-6 trillion rupiah in Indonesia to boost its palm oil and biodiesel businesses and acquire a number of Indonesian companies.

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