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PRESS DIGEST-Indonesian Newspapers - April 30

Wed Apr 29, 2009 10:53pm EDT

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Following are some leading stories in the main Indonesian newspapers on April 30

Indonesia

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

- FORMER DIPLOMATS GUILTY OF EMBEZZLEMENT

The Corruption Court has sentenced five former officials from Indonesia's consulate general in Kota Kinabalu, Malaysia to 20 months in prison and to each pay 50 million rupiah ($4,608) in fines for fraud involving immigration fees.

- RATU PRABU ENERGI TO EXPAND IN GOLD, COAL

Indonesian oil service company PT Ratu Prabu Energi (ARTI.JK) plans to spend $500 million to expand in gold and coal mining in East Kalimantan and Bengkulu, said president director Burhanuddin Bur Maras.

- DELAYS IN DRAFTING BUDGET MAY HAMPER GROWTH

Delays in finalising the draft of the 2009 regional budgets by municipalities has delayed the government's disbursement of funds to the regions, a finance ministry official said.

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INVESTOR DAILY

- BANK CENTRAL ASIA TO START SHARIA UNIT

PT Bank Central Asia Tbk (BBCA.JK), Indonesia's No. 2 lender, said its sharia bank will start operations in September, with assets of 750 billion rupiah ($69 million)

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KONTAN

- INDONESIA MUST ADD 2 TRLN RPH FOR ADB

Indonesia needs to increase its capital by 2 trillion rupiah ($184.3 million) in order to maintain its 5.4 percent share at multilateral donor Asian Development Bank (ADB), Finance Minister Sri Mulyani Indrawati said.

- - - - ($1 = 10,850 rupiah)

Indonesia


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