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Pertamina to sell 66.7 pct stake in Patrajasa (Sep 5)
State oil and gas company Pertamina plans to sell a 66.7 percent stake in its subsidiary, Patrajasa, through an auction next month.


Agriculture contributes 1.94% to S Kalimantan`s growth (Sep 5)
The agricultural sector contributed 1.94 percent to South Kalimantan`s economic growth rate in the second quarter of 2010, according to a Bank Indonesia report.


S`pore ranks ninth as source of foreign tourists to Bali (Sep 5)
The number of Singaporean tourists visiting Bali surged 56.71 percent to 48,347 in the year to July 2010 from a year earlier, putting the city state in the ninth place among top ten sources of foreign tourists.


Air Asia to resume KL-Palembang flight soon (Sep 5)
Malaysian budget carrier Air Asia plans to resume its Kuala Lumpur-Palembang flights in October this year after nearly eight months of stoppage, a spokesman said.


Thirty-nine pct of Perbanas members favor OJK`s formation (Sep 4)
A survey by the National Banks Association (Perbanas) has shown that 39 percent of its members favor the proposed establishment of a financial services authority (OJK) to supervise banking and financial institutions.


Govt to develop 10% of small businesses into middle-class ones (Sep 3)
The government will continue to promote micro small and medium businesses to develop into new middle-class businesses, a chief economic minister said.


Central bank aims to withdraw excess liquidity of Rp50 tln (Sep 3)
Bank Indonesia (the central Bank/BI) has set itself the target of withdrawing Rp50 trillion in excess liquidity by raising minimum reserve requirements to 8 percent from 5 percent previously.


BI sets banks` LDR at 78-100 pct (Sep 3)
Bank Indonesia (BI) has set a new regulation of minimum reserve requirements based on loan-to-deposit ratio (LDR) with the lower limit of 78 percent and upper limit of 100 percent to boost credit growth under prudent principle.


Australian tourists to Bali up 51 pct (Sep 3)
A total of 341,664 Australian tourists visited the resort island of Bali in the first seven months of 2010, up 51.07 percent from a year earlier.


Trade ties with Indonesia still strong, says Malaysian minister (Sep 3)
- Bilateral trade ties between Malaysia and Indonesia are still strong despite the recent protests by the People`s Democratic Front in front of the Malaysian embassy in Jakarta.