PRESS DIGEST-Indonesian Business News - June 11

Following are the leading business stories in the main Indonesian newspapers on June 11.

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JAKARTA POST

- GOVERNMENT ISSUES GUIDELINE ON RENEWABLE ENERGY POWER PRICES

Indonesia has issued a benchmark for electricity production costs in 13 regions which will be used as guideline for state power firm, PT Perusahaan Listrik Negara, to determine the price of electricity generated by renewable energy sources.

- PARLIAMENTARIANS URGES INVESTIGATION OF ADARO

Thirty-four members of the Indonesian parliament have urged the House of Representatives to investigate transfer pricing allegations involving coal miner PT Adaro Energy.

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BISNIS INDONESIA

- JAKARTA REGIONAL HOUSE PASSES BILL ON MASS RAPID TRANSPORT

Jakarta's regional house of representatives has agreed to pass a bill on a 10.3 trillion rupiah ($1.11 billion) mass rapid transport system.

- GREATER JAKARTA NEEDS ADDITIONAL 2.1 MILLION HOUSES BY 2020

A joint study of cement maker PT Holcim Indonesia Tbk (SMCB.JK), Indonesia Technology Institute and Swisscontact foundation showed that an estimated 32.6 million people will live in Jakarta, Bogor, Depok, Tangerang and Bekasi (Greater Jakarta Area) by 2020 and would need an additional of 2.1 million houses.

- - - - ($1 = 9,314 rupiah)