• Most Popular
  • Most Shared

PRESS DIGEST-Indonesian Business News - Jan 25

Thu Jan 24, 2008 8:56pm EST

Stocks

   

Following are the leading business stories in the main Indonesian newspapers on Jan. 25.

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).

- - - -

JAKARTA POST

- INDONESIA TO STICK TO STATE BUDGET ASSUMPTIONS

Finance Minister Sri Mulyani Indrawati said the government would not revise the assumptions underlying the state budget despite concerns about the impact of a U.S. economic slowdown on Indonesia's economy.

- - - -

BISNIS INDONESIA

- BNI TO ISSUE $250 MLN BONDS

Indonesia's PT Bank Negara Indonesia (BNI) (BBNI.JK) said it plans to raise $250 million from a bond issue, provided it obtains central bank approval.

- - - -

INVESTOR DAILY

- INDONESIAN PLANE LEASING FIRM EYES $255 MLN RIGHTS ISSUE

PT Indonesia Air Transport Tbk (IATA.JK), which leases planes, said it is considering a $255 million rights issue this year to buy new aircraft.



More from Reuters

Photo

Strong U.S. retail sales rise boosts recovery hopes

WASHINGTON (Reuters) - Sales at U.S. retailers rose more than expected in November as consumers stepped up spending on gasoline and a wide range of other goods, data showed on Friday, raising hopes of a self-sustaining economic recovery.

» More Top News
A weary trader rubs his eyes as he pauses outside the New York Stock Exchange following the end of the trading session in New York October 9, 2008. REUTERS/Mike Segar
EXCLUSIVE:

PIMCO finds its calling

It made a name for itself by investing in bonds, and now PIMCO has landed in a booming $1-trillion business that, put simply, steers clients through "very hard situations."  Full Article 

Funds
Kenneth Feinberg, special master of executive compensation in the Troubled Asset Relief Program at the Treasury, speaks in Washington November 2, 2009. REUTERS/Joshua Roberts

Pay cuts, round two

The six firms still under pay czar Ken Feinberg's authority are girding for the impact of the next round of compensation rulings.  Full Article 

Executive compensation