Indonesia Market factors to watch - Nov 10

JAKARTA, Nov 10 (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 +6221 384 6364 or via
email at sara.webb@thomsonreuters.com or on Reuters messaging
sara.webb.reuters.com@reuters.net)

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)

- Statistics Bureau to announce third-quarter GDP, 1330
(0630).

- The Finance Ministry to hold its regular sukuk auctions,
1430 (0730).

- Indonesia to hold a seminar on the recent energy minister
decree on mining services, 0900 (0200).

- Indonesia Telecoms International Summit, discussing the
outlook for the telecoms industry 2009-2012 and investments in
the sector, 0900 (0200).

PRESS DIGEST

- GARUDA INDONESIA TO SPEND $100 MLN ON EXPANSION

Indonesian flag carrier PT Garuda Indonesia plans to spend
$100 million in 2010 to buy more planes as part of its
five-year expansion plan, said Finance Director Eddy Porwanto.
(Jakarta Post)

- GOVT MAY SPEND ABOUT 60 PCT OF INFRASTRUCTURE STIMULUS

The government could still spend nearly 60 percent of the
infrastructure-related stimulus budget by the end of this year,
said Finance Minister Sri Mulyani Indrawati.

- GOVT MAY REDUCE ITS SHARE OF PROFTS FOR ENERGY PROJECTS

Indonesia may offer to reduce its share in contract
production sharing from 85 percent currently to attract more
investment for energy development, particularly for renewable
energy, Chief Economics Minister Hatta Rajasa said. (Kontan)

- ENERGI MEGA BUYS 10 PCT STAKE IN MASELA FOR $77 MLN

Energy explorer PT Energi Mega Persada Tbk (ENRG.JK) bought
a 10 percent stake in Indonesia's offshore Masela Block for $77
million, president director Imam P Agustino said. (Kontan)

- PERTAMINA EYES 30 STAKE IN HANOI TROUGH BLOCK IN VIETNAM

State oil firm PT Pertamina plans to acquire a 30 percent
stake in Hanoi Trough Block in Vietnam, part of efforts to
increase crude supply for its domestic refineries, president
director Karen Agustiawan said. (Bisnis Indonesia)

- NEW MILITARY COMMANDERS INSTALLED

President Susilo Bambang Yudhoyono installed Lt. Gen.
George Toisuta as the new Army chief, Vice Adm. Agus Suhartono
as the new Navy chief, and Rear Marshall Imam Sufaat as the new
Air Force chief. (Jakarta Post)

MARKET SNAPSHOTS

* Indonesia's index was up 0.47 percent on Monday. Largest
automotive distributor Astra International (ASII.JK) gained
4.12 percent, and heavy equipment maker United Tractors
(UNTR.JK) was up 4.67 percent.

* A broad U.S. stocks rally sent the Dow industrials to a
13-month high on Monday, after the Group of 20 pledged to keep
aid flowing to the world economy, strengthening investors'
desire for risk. [.N]

* Oil rose more than 2 percent on Monday after Tropical
Storm Ida forced the shut in of 30 percent of oil production in
the Gulf of Mexico, cutting supplies to the world's largest
energy consumer. [O/R]

* For global market news, click on [MKTS/GLOB]

* Malaysian crude palm oil futures rose 0.9 percent on
Monday, bouncing back from early losses, supported by talk of a
rise in exports and a bullish price outlook from an influential
industry analyst, traders said. [POI/]

* In Indonesia, the state marketing centre, based in
Jakarta, sold 9,000 tonnes of palm oil at a top price of 6,515
rupiah per kg on Monday, against 6,564 rupiah per kg last
Friday. [OILS/TEND]

* To see the top news on Indonesia's economy click on
[ID:nIDECONOMY]. For a take a look on the central bank click on
[ID:nIDCENBANK] and for the bond market click on [ID:nIDBOND].
----------------------MARKET SNAPSHOT @ 2318 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1093.08 2.22% 23.780
USD/JPY JPY= 89.9 -0.07% -0.060
10-YR US TSY YLD US10YT=RR 3.4838 -- 0.000
SPOT GOLD XAU= 1102.95 -0.08% -0.900
US CRUDE CLc1 79.38 -0.06% -0.050
DOW JONES .DJI 10226.94 2.03% 203.52
ASIA ADRS .BKAS 125.61 2.51% 3.07
-------------------------------------------------------------
FOR KEY GLOBAL ECONOMIC NEWS, SEE [TOP/MACRO]
FOR TOP NEWS ON ASIAN COMPANIES [TOP/EQA]
FOR ECONOMIC FX RELATED NEWS, HIT [FXNEWS]
FOR WHAT INVESTORS ARE SAYING ABOUT DEALS [DEALTALK/]
STOCKS - BUY OR SELL? [BUYSELL/] IN THE NEWS, REUTERS
INDONESIA (Click on [ID-RTRS]) Indonesia team says case against
graft agency weak [ID:nSP447893] Indonesia Excelcom eyes
revenue, subscriber growth[ID:nJKF002249] Q+A: Indonesia's need
for legal reform [ID:nJAK429302] Pertamina sees 8 pct
rise in 2010 crude [ID:nJAK495922] Indonesia Oct
Sumatra coffee exports up 39.5 pct [ID:nJAK397461] Indonesia
quake kills at least one, homes collapse[ID:nJAK155720] ASIA
MARKETS NEWS - For an outlook of Asian stock trading, click on
[STXNEWS/AS] - The Indonesian rupiah and Malaysian ringgit led
Asian currencies higher on Monday as the dollar lost ground
broadly following weak U.S. jobs data and a G20 meeting that
took little action to end the dollar woes. [EMRG/FRX] - Stock
indexes in Singapore, Indonesia and Thailand climbed to their
highest in almost two weeks on Monday on buying in resource and
commodity companies such as Wilmar International, Astra Agro
and PTT. [.SO]
(Reporting by Jakarta Newsroom)