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Asia Top News and Analysis Indonesia

  • JAKARTA/ SINGAPORE/ SYDNEY, October 05 Fitch Ratings has assigned Indonesia- based PT Aneka Gas Industri's proposed IDR200bn secured bond and IDR300bn sukuk ijarah bond, both due in 2017,' A-' ratings. The sukuk bonds follow an "ijara" structure and, together with the secured bond, are similar to AGI's IDR160bn Islamic bond and IDR80bn bond I issued in July 2008.

  • Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the local market. SE ASIA STOCKS-Philippine, Malaysia, Indonesia at all-time high. *Malaysia cabinet meets and is likely to decide on a proposal to cut crude palm oil export taxes to boost shipments.

  • SINGAPORE, Oct 4- U.S. crude futures held steady above $91 per barrel on Friday, after rising 4 percent in the previous session on escalating tensions in the Middle East, while continued global economic concerns are expected to weigh on prices.

  • -Philippine Mining Luncheon with Philex Mining Corp SVP Michael Toledo as guest speaker, Manila Polo Club Ballroom, Makati City, 11:30 a.m.. -Philcomsat Holdings Corp holds annual stockholders' meeting, Dasmarinas Room, Makati Sports Club, L.P. Leviste Street, Salcedo Village, Makati City, 3:00 p.m..

  • SE ASIA STOCKS-Philippine, Malaysia, Indonesia at all-time high. -Global Logistic Properties, which own warehouses in China and Japan, said on Thursday it leased 39,000 square metres to wholesale firm Arata Corp. in Japan.-- SEMBCORP MARINE LTD.

  • *Facebook confirms billion user mark, growth slows. NEW YORK/ SAN FRANCISCO, Oct 4- Facebook Inc.

  • *Facebook confirms billion-user mark, growth slows. NEW YORK/ SAN FRANCISCO, Oct 4- Facebook Inc.

  • NEW YORK-- More than a billion people now log into Facebook each month to check up on old friends, tag photos of new ones and post about politics, religion, cats or what their kids are doing. The latest milestone also amounts to nearly half of the world's roughly 2.5 billion Internet users, as measured by the International Telecommunications Union.

  • *Facebook adds 45 million users since June. Oct 4- Social media company Facebook Inc reported on Thursday it reached the 1 billion user mark last month, while Chief Executive Mark Zuckerberg said it would keep pursuing growth through mobile devices.

  • *HSBC to focus Islamic business on Malaysia, Saudi Arabia and Indonesia. *Some job cuts at Amanah unit, rest to be merged into HSBC By David French. DUBAI, Oct 4- HSBC Holdings is to significantly scale back its global Islamic banking operations, it said on Thursday, as part of a wider restructuring at the U.K.- based bank.

  • Oct 4- Social media company Facebook Inc said on Thursday it reached the 1 billion active monthly users threshold last month, and is up by 45 million users since June. Facebook has faced a rough debut since its May initial public offering.

  • DUBAI, Oct 4- HSBC Holdings is to significantly scale back the presence of its global Islamic banking operations, it said on Thursday, as part of a wider restructuring at the U.K.- based bank.

  • JAKARTA, Oct 4- Indonesian state-controlled lender PT Bank Tabungan Negara Tbk plans to raise up to 2.12 trillion rupiah from a rights offering in November, a company announcement published in Bisnis Indonesia newspaper on Thursday said. The firm plans to sell 1.51 billion rights and the indicative price range is 1,000- 1,400 rupiah per share.

  • Oct 4- Social media company Facebook Inc said on Thursday it reached the 1 billion active monthly users threshold last month, and is up by 45 mi llion us ers since June. Facebook, based in Menlo Park, California, hit the 1 billion milestone on Sept. 14 at 12:45 p.m. Pacific time, the company said on its website.

  • Oct 4- Social media company Facebook Inc said on Thursday it reached the 1 billion active monthly users threshold last month, and is up more than 50 million users since June. Facebook, based in Menlo Park, California, hit the 1 billion milestone on Sept. 14 at 12:45 p.m. Pacific time, the company said on its website.

  • JAKARTA, Oct 4- Indonesia said on Thursday it would improve worker pay and restrict the use of temporary contracts in the face of a vow by union leaders, who staged a national strike this week, to press ahead with industrial action.

  • BANGKOK, Oct 4- Most Southeast Asian stock markets gained on Thursday, with the Philippine main index posting its second straight record closing high in strong volumes as optimism about domestic growth boosted consumer-related stocks such as SM Investments Corp.

  • JAKARTA, Oct 4- Indonesia raised 7.5 trillion rupiah worth of government bonds from an auction on Thursday, above a 5 trillion rupiah target, with yields falling amid strong demand, the debt office said. There were 18.83 trillion rupiah of incoming bids, compared to 11.9 trillion rupiah in a Sept 25 auction.

  • Indonesian retailer PT Modern International Tbk is looking to raise up to $92 million from a rights offering and shareholder placement in October, IFR reported on Thursday. Modern International plans to sell 959.7 million rights shares on a three-for-10 basis at an indicative price range of 450- 550 rupiah per share.

  • JAKARTA, Oct 4- Indonesia's foreign exchange reserves stood at $110.17 billion on Sept. 28, higher than $108.99 billion a month earlier, the central bank said on Thursday.