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REPEAT-PRESS DIGEST-Indonesian Business News - March 14

Thu Mar 13, 2008 10:48pm EDT

Stocks

   

(Repeats to fix date)

Following are the leading business stories in the main Indonesian newspapers on March 14.

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

- INDONESIA'S CPO EXPORTS TO RISE BY 27 PERCENT THIS YEAR

Indonesia's crude palm oil exports are expected to increase by 27 percent this year despite measures by the government, including export duties, to restrict exports, the Indonesian Palm Oil Association said.

- INDOFOOD TO KEP PRICES STEADY

The world's largest instant noodle maker, PT Indofood Sukses Makmur Tbk (INDF.JK), said it would not raise the prices of its flour-based products until the end of fasting month of Ramadan in late early October, despite rising global flour prices.

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BISNIS INDONESIA

- INDOMOBIL TRIES TO LURE SUZUKI TO BUILD BIG BIKES IN INDONESIA

A unit of Indonesia's second largest automotive distributor, PT Indomobil Sukses Internasional Tbk (IMAS.JK), said it has proposed that Suzuki Motor Corp (7269.T) produce big-engine motorcycles in Indonesia and to use it as the base for the Southeast Asia region.

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