Indonesia Market factors to watch - Nov 16

JAKARTA, Nov 16 (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)

- Senior Deputy Governor of Indonesia's central bank Darmin
Nasution to attend a parliamentary hearing, 1000 (0300).

- Chief Economics Minister Hatta Rajasa to attend a
coordinating meeting on the government's 100-day programmes,
finance ministry building, 1000 (0300)

- Forestry ministry to hold a news conference, 1000 (0300)

- Mobile phone operator PT Exelcomindo Pratama (EXCL.JK) to
hold a news conference, 1030 (0330).

- PT Manulife Aset Manajemen Indonesia to hold a media
briefing, 1330 (0630)

PRESS DIGEST

- PERTAMINA PLANS TO EXPORT GAS FROM SENORO BLOCK

State oil firm PT Pertamina plans to export most of the gas
production from the Senoro block and allocate just a small
portion for domestic needs on higher prices, the firm's
president director Karen Agustiawan said. (Kontan)

- BUKIT ASAM MULLS ISSUING BONDS TO FUND ITS BILLITON PLAN

Indonesian state coal miner, PT Tambang Batubara Bukit Asam
Tbk (PTBA.JK), is considering raising funds from selling debt
paper to fund its planned acquisition of BHP Billiton's
(BHP.AX) Maruwai coal project, said corporate secretary Achmad
Sudarto. (Kontan)

- PERTAMINA OBTAINED $500 MILLION LOAN FROM JBIC

State oil and gas firm PT Pertamina has obtained a $500
million loan from the Japan Bank for International Cooperation
(JBIC) to develop geothermal projects through subsidiary PT
Pertamina Geothermal Energi, said Finance Director Ferederick
Siahaan. (Investor Daily)
- PLN NEEDS 8.6 TRLN RPH TO SOLVE BLACKOUT IN JAKARTA

State-owned electricity company PT Perusahaan Listrik
Negara (PLN) needs 8.6 trillion rupiah ($917.8 million) to
support electricity transmission and distribution in Jakarta
and surrounding areas to solve a blackout problem, said PLN
director for Java-Bali-Madura area Murtaqi Syamsuddin. (Koran
Tempo)

- TEAM 8 TO REPORT ITS FINDING ON GRAFT AGENCY DISPUTE

President Susilo Bambang Yudhoyono's independent
fact-finding team, know as team 8, will report its findings to
the president on a suspected plot to undermine the country's
anti-graft agency, said team spokesman Anies Baswedan. (Kompas,
Jakarta Post, Koran Tempo)

MARKET SNAPSHOTS

* Indonesia's index .JKSE rose on Friday for a third day,
adding 0.3 percent, with Adaro Energy (ADRO.JK) climbing 5.6
percent and Bank Negara Indonesia (BBNI.JK) up 1 percent,
adding to their gains on Thursday after news the stocks would
be included in the MSCI Indonesia Index with effect from Nov.
30. [.SO]

* U.S. stocks rose in light volume on Friday to achieve a
second straight week of gains as upbeat retail news reinforced
hopes for strong sales in the key holiday season. [.N]

* Oil prices fell on Friday, briefly touching a one-month
low, as bulging fuel inventories in the United States stirred
demand concerns.[O/R]

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

* Malaysian crude palm oil futures rose 1 percent on Friday
on fears monsoon rains would hurt production this month as well
as expectations of rising exports.[POI/]

* In Indonesia, the state marketing centre, based in
Jakarta, sold 4,500 tonnes of palm oil at a top price of 6,628
rupiah per kg on Friday, against 6,675 rupiah per kg on
Thursday. [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 @ 2328 GMT -------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1093.48 0.57% 6.240
USD/JPY JPY= 89.56 0.04% 0.040
10-YR US TSY YLD US10YT=RR 3.4233 -- 0.000
SPOT GOLD XAU= 1123.05 0.41% 4.550
US RUDE CLc1 76.69 0.45% 0.340
DOW JONES .DJI 10270.47 0.72% 73.00
ASIA ADRS .BKAS 125.26 1.02% 1.27
-------------------------------------------------------------
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 targets sugar, soybean
self sufficiency [ID:nJAK62835] Indonesia rph govt bond
ownership as of Nov 12 [ID:nJAK23481] Indonesia c.bank wants
lower lending rates [ID:nJAK85206] INTERVIEW-Govt needs
commission for legal reform [ID:nJAK168505] Indonesia
coal-prices up, miners secure contracts[ID:nJAK291002]
INTERVIEW-CIMB Niaga's loan to grow 20 pct in
'10[ID:nSIN235749] Bakrie Telecom aims over 14 mln subscriber
in '10[ID:nSGA000029] Indonesia '09 budget gap seen under 2.4
pct/GDP [ID:nSGA000023] ASIA MARKETS NEWS - For an outlook of
Asian stock trading, click on [STXNEWS/AS] - The Indian rupee
jumped nearly half a percent and other Asian high-yielders such
as peso and rupiah gained on Friday, avoiding the profit taking
in risky assets that helped the dollar recover. [EMRG/FRX] -
Most Southeast Asian stock markets eked out small gains on
Friday, with buying interest in Adaro Energy and Bank Negara
Indonesia pushing Indonesa higher while upbeat quarterly
earnings shored up sentiment in Thailand. [.SO]
(Reporting by Jakarta Newsroom)