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PRESS DIGEST-Indonesian Business News - April 18

Thu Apr 17, 2008 9:39pm EDT
 
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Following are the leading business stories in the main Indonesian newspapers on April 18.

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 AMONG THE MOST OPTIMITSIC MARKETS - SURVEY

A survey by Dutch financial group ING (ING.AS: Quote, Profile, Research, Stock Buzz) placed Indonesia as the third most optimistic market in Asia, which will help limit the impact of the global credit crunch and subprime problems in the United States.

- GOVT BUDGET REMAINS SAFE UNTIL OIL PRICE REACHES $125/BBL

The government budget will be able to withstand the pressure from rising global oil prices until the benchmark Indonesian Crude Price reaches $125 a barrel, an energy ministry official said.

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