PRESS DIGEST-Indonesian Business News - June 19

Following are the leading business stories in the main Indonesian newspapers on June 19.

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JAKARTA POST

- ASEAN PLANS TEXTILE PRODUCTION HUB

Members of ASEAN are working on a blueprint for a regional textile production hub in an effort to compete with China and India, the head of the ASEAN Federation of Textile Industries said.

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BISNIS INDONESIA

- GOVT TO INCLUDE GAS AND COAL IN STATE BUDGET

The government will include gas and coal production targets in the state budget's assumptions to increase transparency on energy issues, a senior finance ministry official said. - - - - INVESTOR DAILY

- GOVT OFFERS 13 JOINT PROJECTS WORTH 46 TRLN RPH

The government has offered 13 projects for investors to be developed in a joint scheme with the government, including toll roads, a coal power plant and a water project, a national planning agency official said.

- ANTAM RAISES BID ON HERALD SHARES

Indonesian state-miner PT Aneka Tambang Tbk (ANTM.JK) said it had raised its bid for Australian-listed Herald Resources Ltd (HER.AX) to A$2.8 from A$2.6-A$2.65 per share to match rival Indonesian coal producer PT Bumi Tbk (BUMI.JK).

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