PRESS DIGEST-Indonesian Business News - March 26
Following are the leading business stories in the main Indonesian newspapers on March 26.
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JAKARTA POST
- BANKS TO LEND FOR KALIMANTAN POWER PLANT
Indonesian lender, PT Bank Bukopin (BBKP.JK) and four other regional development banks, have teamed up to provide 545 billion rupiah ($59.37 million) in syndicated loans for power company PT Equator Manunggal Power to build a 60 megawatt power plant in Pontianak, West Kalimantan.
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INVESTOR DAILY
- BAKRIELAND TO INVEST 10 TRLN RPH ON TOLL ROADS
Indonesian property company, PT Bakrieland Development Tbk (ELTY.JK), said it plans to invest 10 trillion rupiah to construct four toll roads this year and would seek 7 trillion of that total from bank loans.
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BISNIS INDONESIA
- FINANCE MINISTER DENIES PLANS TO IMPOSE EXCISE ON TYRES, SOFT DRINKS
Indonesia's finance minister, Sri Mulyani Indrawati, denied her ministry planned to impose excise on a number of products including tyres and soft drinks.
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