PRESS DIGEST-Indonesian Newspapers - April 29
Following are some leading stories in the main Indonesian newspapers on April 29.
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JAKARTA POST
- MINISTER DOWNPLAYS PANDEMIC RISK
Indonesia's health minister said the country should not be too worried about the spread of swine flu even though the World Health Organisation (WHO) increased the level of the disease to phase four, which is two stages away from official pandemic status.
- KALLA STILL WANTS TO CHALLENGE YUDHOYONO FOR PRESIDENCY
Vice President and Golkar Party chairman Jusuf Kalla, who wants to run for president, said he wants to form a coalition including Indonesian Democratic Party of Struggle (PDI-P), the United Development Party (PPP), the National Mandate Party (PAN), the Great Indonesia Movement (Gerindra) party and the People's Conscience (Hanura) party.
- ELECTIONS BOOST SPENDING ON ADVERTISEMENTS
Spending on advertisements in the first quarter rose 19 percent from a year ago, mainly because of election-related ads, research by the Nielsen Company showed.
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BISNIS INDONESIA
- BUKIT ASAM EYES STAKE IN ADARO
Indonesian coal miner PT Tambang Batubara Bukit Asam Tbk (PTBA.JK) wants to buy a 17 percent stake in coal miner PT Adaro Energy Tbk (ADRO.JK) from shareholders Goldman Sachs (GS.N), Citigroup (C.N) and hedge fund Farallon, President Director Sukrisno said.
- GOVERNMENT URGES NEWMONT UNIT TO RECALCULATE SHARE PRICE
The government urged PT Newmont Nusa Tenggara, a local unit of Newmont Mining Corp (NEM.N), to recalculate the price of a 17 percent stake for divestment, as the offered price $6.08 billion is too high, said Bambang Setiawan, a senior official at the energy ministry.
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KONTAN
- INDONESIA TO HALT IMPORTING MEXICAN GOODS
Indonesia will temporarily halt imports of agricultural products, food and beverages from Mexico, said Tjeppy D Soedjana, director general in charge of animal husbandry at the agriculture ministry.
- YUDHOYONO SEEKS PRIVATE INVESTMENT IN INFRASTRUCTURE
President Susilo Bambang Yudhoyono asked departments and local governments to invite more participation from private sector in commercially viable infrastructure projects.
- LONDON SUMATRA NET PROFIT DROPS 59 PCT IN Q1
Net profit of PT Perusahaan Perkebunan London Sumatra Indonesia (LSIP.JK), one of the country's top palm oil producers, dropped 59 percent to 103.14 billion rupiah ($9.49 million) in the first quarter of 2009, amid falling production and global demand.
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