Indonesia Market factors to watch - Nov 13

JAKARTA, Nov 13 (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 [phone] or via email at [e-mail] or on Reuters messaging [e-mail]) 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) - State-controlled pharmaceutical firm, Kimia Farma, to hold a press briefing on franchise licence, Jakarta Convention Centre, 1400 (0700). - Mobile phone operator Indosat to launch a new mobile phone package, Atrium EX, 1230 (0530). - Press conference by rights group Imparsial on anti-terror agency, Imparsial office, 1400 (0700) PRESS DIGEST - BANKS LOAN GROWTH SEEN AT 7 PCT, FALLS SHORT OF TARGET Indonesian banks' lending has only grown 7 percent so far this year, falling short of the 15 percent growth target for 2009 as the economy slowed, said Senior Deputy Governor Darmin Nasution. (Koran Tempo) - LOCAL GOVERNMENTS URGED TO IMPROVE INVESTMENT REGULATIONS Local governments should streamline regulations on investment and permits at provincial and district level to attract more investment, said Vice President Boediono. (Koran Tempo) - BUKIT ASAM, TIMAH, ANTAM EYE BHP BILLITON'S COAL PROJECT Coal miner PT Tambang Batubara Bukit Asam has asked tin miner PT Timah and PT Aneka Tambang to join a consortium to buy BHP Billiton's Maruwai coal project, said Bukit Asam's President Director Sukrisno. (Bisnis Indonesia) - NEWMONT'S UNIT DIVESTMENT DELAYED The divestment of PT Newmont Nusa Tenggara, a local unit of Newmont Mining Corp., has been postponed until November 23 as the parties involved have not reached an agreement on the size of the stakes, said Bambang Setiawan, director general for mineral, coal, and geothermal at the energy and mines ministry. (Bisnis Indonesia, Kontan, Jakarta Post) - GOVT TO STREAMLINE REGIONAL PLANNING The Public Works Ministry will lead an inter-departmental team to study planning proposals from regional governments to streamline overlapping policies and plans in order to remove impediments for infrastructure projects, Public Works Minister Djoko Kirmanto said. (Jakarta Post) - INDUSTRIAL FOREST OUTPUT EXPECTED TO RISE 36 PCT IN 2010 The supply of logs from Indonesia's industrial forests is forecast to rise 36 percent to 18.5 million cubic metres in 2010 as the government issues more forest development licences, said Bedjo Santosa, the director for production forest development in the forestry ministry. (Jakarta Post) - NEW PRESIDENTIAL UNIT WILL MONITOR 100-DAY PROGRAMMES Indonesia's new presidential delivery unit will monitor and assess the performance of ministries and agencies based on their submitted 100-day programmes, said Kuntoro Mangkusubroto, who heads the unit. (Jakarta Post) - GOVT TO SET UP INFRASTRUCTURE PROJECT GUARANTEE AGENCY Indonesia plans to introduce a special agency to guarantee priority infrastructure projects by year end with initial capital of 1 trillion rupiah ($106.3 million), said Anggito Abimanyu, head of finance ministry's fiscal policy board. (Kompas) - CENTRAL BANK TO CURB BANKS' INTEREST SPREAD Bank Indonesia plans to curb the spread of the banks' deposit rate and lending rate in a bid to spur higher lending by domestic banks, senior deputy governor Darmin Nasution said. (Kompas) - PERTAMINA'S NET PROFIT TO FALL 50 PCT IN 2009 Net profit for state oil firm PT Pertamina is expected to drop about 50 percent to 15.39 trillion rupiah in 2009 from a year ago, while revenue may fall about 40 percent to 343.8 trillion rupiah, president director Karen Agustiawan said. (Kompas) - GOVT APPROVES $300 MLN EXPORT CREDIT FACILITY FOR PLN Indonesian government has approved the use of $300 million worth of export credit facilities by state power distributor PT Perusahaan Listrik Negara (PLN) to help finance its projects, said Murtaqi Syamsuddin, director in charge of Jawa-Bali region. (Kontan) MARKET SNAPSHOTS * Indonesia's index ended up 0.7 percent, hitting its highest level since Oct. 27, with top coal miner Adaro Energy climbing 4.5 percent on news the stock will be included in the MSCI Indonesia Index with effect from Nov. 30. * The Dow industrials' six-day winning streak came to a halt on Thursday as a drop in oil prices pulled energy stocks lower and a guarded outlook from Wal-Mart fanned worries about consumer spending. * Oil prices fell nearly 3 percent to below $77 a barrel on Thursday as the dollar firmed and growing U.S. crude inventories stirred demand concerns. * For global market news, click on * Malaysian crude palm oil futures ended up 0.5 percent on Thursday due to fears that rainy weather would hit production this month. The market halted two straight days of losses that were caused by a higher-than-expected rise in stocks last month. * In Indonesia, the state marketing centre, based in Jakarta, sold 11,500 tonnes of palm oil at a top price of 6,675 rupiah per kg on Thursday, against 6,573 rupiah per kg on Wednesday. * 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 @ 2307 GMT ------------- INSTRUMENT LAST PCT CHG NET CHG S&P 500 1087.24 -1.03% -11.270 USD/JPY 90.38 0.04% 0.040 10-YR US TSY YLD 3.4438 -- 0.000 SPOT GOLD 1102.8 -0.07% -0.800 US RUDE 76.93 -0.01% -0.010 DOW JONES 10197.47 -0.91% -93.79 ASIA ADRS 123.99 -1.51% -1.90 ------------------------------------------------------------- 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) Pertamina shuts Dumai hydrocracker for maintenance Indonesia Coffee-26,000T beans locked in warehouse Indonesia's Oct cement consumption up 22 pct Indonesia aims to raise 2 trln rph in debt sale Indonesia fails to absorb funds in reverse repo C.bank: monetary policy conducive for economy Hot Stocks-Adaro shares jump in MSCI index news Indonesia's Pertamina plans big jump in capex ASIA MARKETS NEWS - For an outlook of Asian stock trading, click on - The Korena won pushed higher, nearing a 13-month high against th dollar on Thursday, and prompting the central bank to enter the market again to cap the currency. - Thai stocks fell to a one-week low on Thursday, weighed down by losses in energy heavyweights PTT and PTT Exploration, while Indonesia climbed to its highest in more than two weeks as Adaro Energy jumped on MSCI index news. ($1=9405 Rupiah) (Reporting by Jakarta Newsroom) (([e-mail]; [phone]; Reuters messaging [e-mail]; bureau email [e-mail])) Keywords: INDONESIA FACTORS/ (If you have a query or comment on this story, send an email to [e-mail]) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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