JAKARTA, Nov 25 (Reuters) - Following is a list of events in
Indonesia as well as news stories and press reports which may
influence financial markets.
(Reuters welcomes your feedback, and for any queries please
contact Sara Webb in Jakarta editorial on +6221 384 6364 or via
email at sara.webb@thomsonreuters.com or on Reuters messaging
sara.webb.reuters.com@reuters.net)
WHAT IS HAPPENING IN INDONESIA, ALL TIMES LOCAL FOLLOWED BY
GMT
(The inclusion of diary items does not necessarily mean that
Reuters will cover the event)
Finance Minister Sri Mulyani Indrawati and central bank
officials to attend a meeting with parliamentary commission in
charge of finance and banking at 1000 (0300)
News conference by PT Avrist Assurance on its outlook,
Crowne Plaza Hotel, 1030 (0330)
The Asian Development Bank and domestic lenders to sign a
trade financing agreement at 1100 (0400)
RBS Bank Indonesia to hold a media luncheon to discuss 2010
economic outlook and update on RBS business direction, Ritz
Carlton Hotel-Pacific Place, 1130 (0430)
Jakarta Foreign Correspondents Club lunch with Vice
President Boediono, Intercontinental Hotel, 1200 (0500)
Bank Rakyat Indonesia to hold a public expose on its
subordinated debt, BRI building, 1200 (0500)
Planning minister Armida Alisjahbana to attend a seminar on
national competitiveness
The central bank to hold its weekly SBI auction, results
expected around 1530 (0830)
PRESS DIGEST
PERTAMINA AND PLN TO BE RESTRUCTURED
State energy firm PT Pertamina and state electricity firm PT
Perusahaan Listrik Negara will be restructured as part of the
management reform in the two firms, said State Enterprises
Minister Mustafa Abubakar. (Bisnis Indonesia)
TELKOMSEL EYES $900 MLN LOAN FROM FOUR OVERSEAS BANKS
Telkomsel, a unit of Indonesia's largest telecommunications
firm PT Telekomunikasi Indonesia Tbk, plans to borrow
up to $900 million from two European banks and two Chinese banks
to help meet its 12 trillion rupiah ($1.27 billion) of planned
capital spending next year, president director Sarwoto
Atmosutarno said. (Kontan)
INDONESIA EXPECTS 20 PCT PREMIUM GROWTH IN 2010- ASSOC
Indonesia's general insurance association expects revenues
from premium payments to grow 20 percent to 44.01 trillion rupiah
next year following a recovery in the economy, chairman Kornelius
Simanjuntak said. (Kontan)
PRESIDENT URGED TO PUSH FOR MUNIR MURDER CASE REVIEW
Watchdogs have urged President Susilo Bambang Yudhoyono to
push for a case review against former a top intelligence official
over the murder of rights activist Munir Said Thalib. (Jakarta
Post)
HOUSE TO FORM TRANSPORTATION SAFETY TEAM
A commission in parliament said it plans to establish a
special committee to oversee mass transportation safety following
recent ferry accidents in Sumatra. (Jakarta Post)
GOVT TO SET GUIDELINES FOR AIRPORT MANAGEMENT REFORM
The transportation ministry will soon issue guidelines on
planning, building and operating airports, to set management
standards, now that private firms and local administrations can
run them as well as state-owned enterprises, the ministry's
director of airports Bambang Tjahjono said. (Jakarta Post)
MARKET SNAPSHOTS
INDONESIA'S MAIN INDEX LOST 0.4 PERCENT AS COAL
miner Bumi Resources dropped 4.6 percent after it
announced another bond issue to finance acquisitions. Adaro
Energy, the country's biggest coal miner, dropped 2.3
percent, while Lippo Karawaci lost 3.6 percent.
U.S. STOCKS FELL ON TUESDAY ON LACKLUSTER ECONOMIC DATA IN
a session marked by low volume and choppy trading, but losses
eased after the Federal Reserve raised its expectations for
growth in 2010.
OIL PRICES FELL 2 PERCENT ON TUESDAY AFTER DATA SHOWED THE
U.S. economy grew at a slower-than-expected pace last quarter and
ahead of weekly U.S. inventory data expected to show crude stocks
rose.
FOR GLOBAL MARKET NEWS, CLICK ON
MALAYSIAN CRUDE PALM OIL FUTURES ENDED 0.3 PERCENT LOWER ON
Tuesday, easing from a 14-week high hit the previous day, on
weaker commodity markets.
IN INDONESIA, THE STATE MARKETING CENTRE, BASED IN JAKARTA,
sold 6,000 tonnes of crude palm oil at the highest price of 7,200
rupiah per kg on Tuesday, against 7,260 rupiah per kg on Monday.
TO SEE THE TOP NEWS ON INDONESIA'S ECONOMY CLICK ON . FOR A TAKE A LOOK ON THE CENTRAL BANK CLICK ON AND FOR THE BOND MARKET CLICK ON.
---------------------MARKET SNAPSHOT @ 2316 GMT -------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1105.65 -0.05 -0.590
USD/JPY 88.52 -0.01 -0.010
10-YR US TSY YLD 3.3045 -- 0.000
SPOT GOLD 1169 0.01 0.100
US CRUDE 75.8 -0.29 -0.220
DOW JONES 10433.71 -0.16 -17.24
ASIA ADRS 122.80 -1.46 -1.82
-------------------------------------------------------------
FOR KEY GLOBAL ECONOMIC NEWS, SEE
FOR TOP NEWS ON ASIAN COMPANIES
FOR ECONOMIC FX RELATED NEWS, HIT
FOR WHAT INVESTORS ARE SAYING ABOUT DEALS
STOCKS - BUY OR SELL?
IN THE NEWS, REUTERS INDONESIA (Click on)
Indonesia moves top cop aside in graft scandal
Indonesia's president faces mounting criticism
Indonesia's foreign investment drops 29 pct
Indonesia govt raises palm oil output forecasts
Indonesia c.bank: inflation at 3.5 pct by yr-end
Indonesia fin min may issue samurai bond next yr
ASIA MARKETS NEWS
For an outlook of Asian stock trading, click on
The Philippine peso fell on both spot and offshore forward
markets on Tuesday following an overnight rebound in the dollar
against the major currencies, sparking a bout of short dollar
covering.
Southeast Asian stock markets ended mixed on Tuesday, with
Singapore reversing early gains to 15-month highs after broad
selling in banks and property while Thai stocks fell to
three-week lows amid political concerns.
($1=9475 Rupiah)
(Reporting by Sonya Angraini, Dicky Kristanto, Tyagita Silka and
Olivia Rondonuwu)
((sara.webb@thomsonreuters.com; +6221 384 6364; Reuters
messaging sara.webb.reuters.com@reuters.net; bureau email
jakarta.newsroom@thomsonreuters.com))
Keywords: INDONESIA FACTORS/
(If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)
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