JAKARTA, April 18 (Reuters) - Following is a list of events
in Indonesia on Monday as well as news stories and press reports
that may influence financial markets.
WHAT IS HAPPENING IN INDONESIA (TIMES IN LOCAL/GMT)
(The inclusion of diary items does not necessarily mean that Reuters will cover the event)
- The Indonesian Young Enterpreneurs Association to hold a media briefing on the 3rd ASEAN-China Young Enterpreneur Forum 2011, 1200/0500.
- CIMB Group to sign a memorandum of understanding with University of Indonesia's School of Economics, 1030/0330.
PRESS DIGEST
- ADARO TO INVEST $100 MLN IN INDOMET COAL PROJECT
Adaro Energy will spend $100 million on a joint-venture coking coal project with BHP Billiton, said Devindra Ratzarwin, the firm's corporate secretary. Adaro owns 25 percent in the project, which has seven coal concession with resources of 774 million tonnes of metalurgical coal. (Investor Daily p.13)
- MITRA ADIPERKASA RECORDS Q1 REVENUES OF 1 TRLN RPH
Mitra Adiperkasa, Indonesia's largest upmarket retailer, which has exclusive rights to leading international brands including Starbucks Corp coffee stores, booked 1 trillion rupiah in revenue in the first quarter, up 20 percent from 883.4 billion in the same period last year, said Fetty Kwartati, the company's corporate secretary.(Investor Daily p.14)
- FERROSTAAL TO INVEST $900 MLN IN PAPUA
German petrochemical company Ferrostaal AG will invest $900 million to build a methanol and dimethyl-ether (DME) plant in West Papua and expects to start construction in the next one or two years, said Soenke Gloede, the company's senior executive manager, adding that the plant would have annual capacity of one million tonnes of methanol and 150,000-200,000 tonnes DME. (Kontan p.14)
- LANDSLIDE ON MOUNT KELUD, 9 KILLED
A landslide caused by prolonged rain on the slopes of Mount Kelud in Central Java province on Sunday killed nine people and seven more were wounded. (Kompas p.15)
MARKET SNAPSHOT
* Shares in Asia edged up as investors bet that China's latest round of policy tightening would not derail a sustained economic recovery, while the high-yielding Kiwi dollar fell nearly one percent after inflation data.
* Indonesia's market rose 0.61 percent on Friday with Bumi Resources leading market turnover and ending steady; Darma Henwa saw top volume by volume of shares, ending up 8.96 percent.
For prices see, for news see.
* Encouraging economic indicators sent U.S. stocks higher on Friday, but the market's recent struggles are set to continue into next week when more than one-fifth of S&P 500 companies report results.
* Malaysian palm oil futures fell to a two-week low on Friday, racking up a fourth straight day of losses as signs of weaker demand and declining vegetable oil markets sapped sentiment at a time when output is swelling.
----------------------MARKET SNAPSHOT @ 0012 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG S&P 500 1319.68 0.39% 5.160 USD/JPY 83.1 -0.08% -0.070
10
YR US TSY YLD 12341.83 0.46% 56.68ASIA ADRS 138.81 -0.57% -0.79
LATEST STORIES ON:
* Indonesia stocks........
* Southeast Asian stocks..
* Asian stocks preview....
* Asian currencies........
* U.S. stocks.............
* Oil prices..............
* Global markets..........
* Malaysian crude palm oil
* Indonesian palm oil.....
* Global economy..........
* Key Asian companies.....
* Key currencies..........
* Major deals of interest.
* Stocks to buy or sell...
IN THE NEWS, REUTERS INDONESIA (Click on Indonesia's Govt to take state in Newmont Unit Palm oil output seen up 5-8 pct in 2011-firm Indonesia coffee hits 1st premium since mid-2010 Suicide bomber attacks Indonesian police Conoco shuts 2 Indonesian gas fields April 15-19 Indonesia tries new Tangguh LNG price from China 'Luxury' ice cream latest hot fad for Indonesian
(Reporting by Rin Hindryati, Fitri Wulandari and Telly Nathalia) Keywords: INDONESIA FACTORS/ (telly.nathalia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
WHAT IS HAPPENING IN INDONESIA (TIMES IN LOCAL/GMT)
(The inclusion of diary items does not necessarily mean that Reuters will cover the event)
- The Indonesian Young Enterpreneurs Association to hold a media briefing on the 3rd ASEAN-China Young Enterpreneur Forum 2011, 1200/0500.
- CIMB Group to sign a memorandum of understanding with University of Indonesia's School of Economics, 1030/0330.
PRESS DIGEST
- ADARO TO INVEST $100 MLN IN INDOMET COAL PROJECT
Adaro Energy will spend $100 million on a joint-venture coking coal project with BHP Billiton, said Devindra Ratzarwin, the firm's corporate secretary. Adaro owns 25 percent in the project, which has seven coal concession with resources of 774 million tonnes of metalurgical coal. (Investor Daily p.13)
- MITRA ADIPERKASA RECORDS Q1 REVENUES OF 1 TRLN RPH
Mitra Adiperkasa, Indonesia's largest upmarket retailer, which has exclusive rights to leading international brands including Starbucks Corp coffee stores, booked 1 trillion rupiah in revenue in the first quarter, up 20 percent from 883.4 billion in the same period last year, said Fetty Kwartati, the company's corporate secretary.(Investor Daily p.14)
- FERROSTAAL TO INVEST $900 MLN IN PAPUA
German petrochemical company Ferrostaal AG will invest $900 million to build a methanol and dimethyl-ether (DME) plant in West Papua and expects to start construction in the next one or two years, said Soenke Gloede, the company's senior executive manager, adding that the plant would have annual capacity of one million tonnes of methanol and 150,000-200,000 tonnes DME. (Kontan p.14)
- LANDSLIDE ON MOUNT KELUD, 9 KILLED
A landslide caused by prolonged rain on the slopes of Mount Kelud in Central Java province on Sunday killed nine people and seven more were wounded. (Kompas p.15)
MARKET SNAPSHOT
* Shares in Asia edged up as investors bet that China's latest round of policy tightening would not derail a sustained economic recovery, while the high-yielding Kiwi dollar fell nearly one percent after inflation data.
* Indonesia's market rose 0.61 percent on Friday with Bumi Resources leading market turnover and ending steady; Darma Henwa saw top volume by volume of shares, ending up 8.96 percent.
For prices see, for news see.
* Encouraging economic indicators sent U.S. stocks higher on Friday, but the market's recent struggles are set to continue into next week when more than one-fifth of S&P 500 companies report results.
* Malaysian palm oil futures fell to a two-week low on Friday, racking up a fourth straight day of losses as signs of weaker demand and declining vegetable oil markets sapped sentiment at a time when output is swelling.
----------------------MARKET SNAPSHOT @ 0012 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG S&P 500 1319.68 0.39% 5.160 USD/JPY 83.1 -0.08% -0.070
10
YR US TSY YLD 12341.83 0.46% 56.68ASIA ADRS 138.81 -0.57% -0.79
LATEST STORIES ON:
* Indonesia stocks........
* Southeast Asian stocks..
* Asian stocks preview....
* Asian currencies........
* U.S. stocks.............
* Oil prices..............
* Global markets..........
* Malaysian crude palm oil
* Indonesian palm oil.....
* Global economy..........
* Key Asian companies.....
* Key currencies..........
* Major deals of interest.
* Stocks to buy or sell...
IN THE NEWS, REUTERS INDONESIA (Click on Indonesia's Govt to take state in Newmont Unit Palm oil output seen up 5-8 pct in 2011-firm Indonesia coffee hits 1st premium since mid-2010 Suicide bomber attacks Indonesian police Conoco shuts 2 Indonesian gas fields April 15-19 Indonesia tries new Tangguh LNG price from China 'Luxury' ice cream latest hot fad for Indonesian
(Reporting by Rin Hindryati, Fitri Wulandari and Telly Nathalia) Keywords: INDONESIA FACTORS/ (telly.nathalia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.