PRESS DIGEST-Indonesian Business News - April 22

Following are the leading business stories in the main Indonesian newspapers on April 22.

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JAKARTA POST

- GOVT LIKELY TO GO AHEAD WITH JAVA-SUMATRA UNDERSEA CABLE

Indonesia is likely to go ahead with a $2 billion project to build an undersea power cable between Java and Sumatra, a senior mines and energy ministry official said.

- BANKS STILL AVOID TEXTILE, PROPERTY SECTORS - C.BANK

Indonesian banks are still reluctant to lend to the property and textile sectors, according to a survey by the central bank.

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