* Monthly diesel imports down by as much as 20 pct from last year

* Monthly diesel imports down by as much as 20 pct from lastyear

* Monthly diesel imports down by as much as 20 pct from last year

* Investigations must be wrapped up before workers return-union

* Investigations must be wrapped up before workers return -union

Shares in mobile phone operator PT XL Axiata Tbk, controlled by Malaysia-based Axiata Group Bhd, slid as much as 3.85 percent on Thursday, after Bisnis Indonesia said the parent company was considering buying PT Axis Telekom Indonesia.

JAKARTA, May 23 (Reuters) - All investigations into a tunnel collapse that killed 28 people at Freeport McMoRan Copper & Gold Inc's Indonesian copper mine must be completed before workers return to the world's No.2 copper mine, a trade union leader s

JAKARTA, May 23 (Reuters) - Indonesia's energy regulatorsays the country's oil production target next year is toooptimistic, and wants it scaled backbetween roughly 4 percentand 8 percent,...

(The following statement was released by the rating agency) JAKARTA/SEOUL/SINGAPORE, May 22 (Fitch) Fitch Ratings has upgraded Indonesia-based PT BCA Finance's (BCAF) National Long-Term rating to 'AAA(idn)' from 'AA+(idn)' with a Stable Outlook. Fitc

Mining giant Freeport Indonesia remains uncertain when it will restart operations following an accident last week at its Indonesian gold and copper mines.

Continued outage at Freeport’s Grasberg mine in Indonesia heightens supply worries

Indonesia will insist on greater access to the financial systems of Singapore and other countries as a condition for approving the purchase of local banks by foreign financial institutions.

Indonesia's initial rejection of Singapore's DBS Group Holding Ltd's (D05.SG) bid to acquire a majority stake in PT Bank Danamon Indonesia (BDMN.JK) sends the wrong signal to international investors, many of whom are worried Indonesia is leaning towa

As Indonesia tries to consolidate its banking sector, linking takeover approval so closely with regulatory politics will do it no favours

TOKYO, May 22 (Reuters) - Japanese buyers of copper ore from Indonesia's Grasberg mine have stockpiles at the closed mine and a port in the area, and have no immediate plans to buy from other suppliers, a mining industry association in Japan said on

JAKARTA, May 22 (Reuters) - Authorities have bypassed a court order and re-arrested an executive at Chevron Corp's Indonesian unit in a graft case that highlights growing tension with big oil companies in a country struggling to reverse a decline in

JAKARTA, May 22 (Reuters) - Authorities have bypassed a court order and re-arrested an executive at Chevron Corp's Indonesian unit in a graft case that highlights growing tension with big oil companies in a country struggling to reverse a decline in

PT Freeport Indonesia is uncertain when it will restart operations at its mines in the eastern province of Indonesia after a tunnel collapse in an underground training room last week killed 28 workers, its Chief Executive Rozik Soetjipto said Wednesd

JAKARTA, May 22 (Reuters) - Freeport McMoRan Copper & Gold Inc is reviewing the safety of its underground operations at its Indonesian mine in Papua after a tunnel collapse last week that killed 28 people, the company's chief executive said on Wednes

Legislators in Indonesia are reviewing new measures that would outlaw sex between unmarried people, cohabitation and black magic.

JAKARTA, May 22 (Reuters) - Shares in Bank Danamon Indonesia Tbk PT dropped as much as 5 percent on Wednesday, pressed down by uncertainty over whether Singapore's DBS Group Holdings Ltd will be able to purchase a majority stake in the Indonesian len

JAKARTA, May 22 (Reuters) - Shares in Bank Danamon Indonesia Tbk PT dropped as much as 5 percent on Wednesday, pressed down by uncertainty over whether Singapore's DBS Group Holdings Ltd will be able...

JAKARTA, May 22 (Reuters) - Shares in Bank Danamon Indonesia Tbk PT dropped as much as 5 percent on Wednesday, pressed down by uncertainty over whether Singapore's DBS Group Holdings Ltd will be able to purchase a majority stake in the Indonesian len

JAKARTA, May 22 (Reuters) - The death toll from a tunnel collapse at the world's second largest copper mine run by Freeport McMoRan Copper & Gold Inc's Indonesian unit was raised to 28 on Wednesday as rescuers gave up hope of finding any more survivo

JAKARTA, May 22 (Reuters) - The death toll from a tunnelcollapse at the world's second largest copper mine run byFreeport McMoRan Copper & Gold Inc's Indonesian unit wasraised to 28 on Wednesday as rescuers gave up hope of findingany more survivors.

JAKARTA, May 22 (Reuters) - Shares in Bank Danamon Indonesia Tbk PT dropped more than 4 percent on Wednesday, a day after Indonesia gave its approval for Singapore's DBS Group Holdings Ltd to buy a 40 percent stake in the bank.

JAKARTA, May 22 (Reuters) - The death toll from a tunnel collapse at a mine run by the Indonesian unit of Freeport McMoRan Copper & Gold Inc has been raised to 28, the company said in a statement on Wednesday, after giving up hope of finding any more

JAKARTA, May 22 (Reuters) - Following are some company-related and market news which could have an impact on the local market. ------------------- MARKET SNAPSHOT @ 0010 GMT -------------- INSTRUMENT LAST PCT CHG NET CHG S&P 500 1669.16 0.17% 2.870 U

Indonesian central bank approves 40% acquisition, which falls short of the majority 67% stake that Singapore-based DBS had hoped to acquire

* Full DBS takeover of Danamon may take 18 months (Adds MAS statement, analyst quotes, background)

* Full DBS takeover of Danamon may take 18 months (Adds MAS statement, analyst quotes, background)

After waiting a year, Singapore's DBS Group Holdings received final approval to buy a 40% stake in Indonesian lender Bank Danamon, perhaps leading to the biggest deal in Indonesian history.

Bank Indonesia Tuesday approved the sale of 40% of PT Bank Danamon to DBS Group, but Governor Darmin Nasution said DBS would be allowed to acquire additional stake only if Indonesian banks get the green light to open full-fledged branches in Singapor

JAKARTA, May 21 (Reuters) - Indonesia's central bank approved a long-delayed bid by Singapore's DBS Group to buy up to 40 percent of PT Bank Danamon, governor Darmin Nasution said on Tuesday.

JAKARTA, May 21 (Reuters) - Freeport McMoRan Copper & GoldInc's Indonesian mine could face a prolonged closure andscrutiny over its underground mining plans after one of thecountry's worst-ever mining disasters, analysts and miningsources said.

JAKARTA, May 21 (Reuters) - Freeport McMoRan Copper & Gold Inc's Indonesian mine could face a prolonged closure and scrutiny over its underground mining plans after one of the country's worst-ever mining disasters, analysts and mining sources said.

Indonesian shares fell 0.5 percent to 5,188.76 on Tuesday, led by a decline in consumer sector stocks.

JAKARTA, May 21 (Reuters) - Indonesia's finance ministry sold 9.35 trillion rupiah ($958.24 million) of conventional government bonds at an auction on Tuesday, above the target of 8 trillion rupiah, the debt office at the ministry said.

Bahana Securities said that ahead of the government's plan to increase fuel price by an average 33 percent, the market has continued to forge ahead breaking through their 5,150 year-end index target.

Poor planning, land acquisition problems and lack of co-ordination puts on hold crucial infrastructure developments across the country

JAKARTA, May 21 (Reuters) - Indonesia could see the inflation rate accelerating to 7 percent this year if the government raises fuel prices in Southeast Asia's largest economy, the new finance minister said on Tuesday.

MELBOURNE, May 21 (Reuters) - An Indonesian tycoon who owns a big stake in a huge copper and gold prospect taken from Australia's Intrepid Mines last year is willing to resolve the ownership dispute, he said in a letter to an investor looking to oust

MELBOURNE, May 21 (Reuters) - An Indonesian tycoon who owns a big stake in a huge copper and gold prospect taken from Australia's Intrepid Mines last year is willing to resolve the ownership dispute,...

The confirmed death toll from an underground mining accident ata big mine run by PT Freeport Indonesia in Papua has risen to 17 people, with authorities saying the tally likely will rise to as many as 28, making this one of the country's worst mining

By Joe Eqcome:Actionable Items: Highest Positive Spread: Japan Smaller Capitalization Funds (JOF) Focus Stock: Aberdeen Indonesia Fund (IF) Last Week's Focus Stock: Mexico Fund (MXF) Equities or Bonds: Sales have come in below forecasts for the 1Q. W

PT Freeport Indonesia's massive mining operations in Papua remained closed Monday, with labor unions demanding the shutdown continue until remaining bodies are recovered in Indonesia's worst mine disaster, a tunnel collapse last week that appears to

BANGKOK, May 20 (Reuters) - Southeast Asian stock marketsgained on Monday as optimism about global growth liftedsentiment in overseas markets while Indonesia's main index roseto a new all-time closing high, after the appointment of a newfinance minis

BANGKOK, May 20 (Reuters) - Southeast Asian stock markets gained on Monday as optimism about global growth lifted sentiment in overseas markets while Indonesia's main index rose to a new all-time closing high, after the appointment of a new finance m

BANGKOK, May 20 (Reuters) - Southeast Asian stock markets gained on Monday as optimism about global growth lifted sentiment in overseas markets while Indonesia's main index rose to a new all-time closing high, after the appointment of a new finance m

JAKARTA, May 20 (Reuters) - Jakarta shares rallied to a record high of 5,243.5 on Monday, after the president named a new finance minister, a move that is seen as a positive development for a struggling economy.