PRESS DIGEST-Indonesian Business News - April 10
Following are the leading business stories in the main Indonesian newspapers on April 10.
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JAKARTA POST
- INDONESIA'S FINANCE MINISTER SEEKING LOANS
Indonesian Finance Minister Sri Mulyani Indrawati is set to lobby donor countries and agencies for low-interest loans to help plug the state budget deficit, a senior official at the ministry said.
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BISNIS INDONESIA
- ADAM AIR OWNER SEEKS TO SET UP NEW AIRLINE
The Suherman family who own 50 percent of troubled budget airline Adam Air's shares has sought a licence to set up a new airline named King & Queen Airlines, said an official at the transport ministry.
- ADARO APPOINTS DANATAMA AS LOCAL UNDERWRITER
Indonesia's second-largest coal producer, PT Adaro Indonesia, appointed PT Danatama Makmur as the local underwriter for its initial public offering.
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INVESTOR DAILY
- PRESIDENT TO HELP SPEED UP LOMBOK RESORT DEVELOPMENT
President Susilo Bambang Yudhoyono plans to help speed up the development of a resort complex in West Nusa Tenggara's Lombok island by Emaar Properties (EMAR.DU) at a cost of $600 million, West Nusa Tenggara Governor Lalu Serinata said.
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