Today's Top Stories

For more dynamic photos and in-depth coverage of today's leading stories click here Friday, 25 May 2012 TOP NEWS 1. Indonesia Set to Cap Bank Owners' Stakes: Sources Singapore/Jakarta. Indonesia's central bank is set to limit the maximum stake a single shareholder can take in the country's banks to below 50 percent, a move that could scupper Singapore-based DBS Group's $7.3 billion bid for Bank Danamon. Rachel Armstrong and Janeman Latul | 4:43 PM May 24, 2012 2. 'Good Looking' Hatta Rajasa to be Named PAN's Presidential Candidate The National Mandate Party (PAN) is ready to officially declare Hatta Rajasa as its candidate for the 2014 presidential election. | 3:37 PM May 24, 2012 3. Tomy Winata to Build Jakarta's Tallest Building Businessman Tomy Winata and US firm MGM Hospitality are joining forces to build a Rp 18 trillion ($2 billion) 638-meter tower — which will be Jakarta's tallest building — in the Sudirman Central Business District (SCBD), a company executive said. Edo Rusyanto & Eko Adityo Nugroho | 10:37 AM May 24, 2012 4. Malaysian Authorities Seize Copies of Irshad Manji's Book Kuala Lumpur. Malaysia's Islamic authorities have seized copies of the book by Canadian author Irshad Manji as its content was deemed contrary to Islamic teachings, a senior official said on Thursday. | 6:23 PM May 24, 2012 5. Indonesia's Chief Justice Demands SBY Explain Corby Clemency Constitutional Court chief justice Mahfud MD called on the president on Thursday to explain why he gave a five-year sentence reduction to Australian "marijuana queen" Schapelle Corby. Agus Triyono & Novianti Setuningsih & Ezra Sihite | 6:13 PM May 24, 2012 STORIES YOU JUST CAN'T MISS 1. A Gift of Sight for Tumor-Hit Indonesian Singapore. For most of his life, Indonesian Lauw Tjoan Eng faced rejection from people afraid of his looks. Melissa Pang - Straits Times | 1:08 PM May 24, 2012 2. Golkar Ground Split All is not as well as it appears for the Golkar party, which not too long ago looked set to revive its fortunes and emerge a frontrunner in national and presidential elections in 2014. Wahyudi Soeriaatmadja & Zakir Hussain - Straits Times | 1:31 PM May 24, 2012 3. Lady Gaga Angers Thai Fans With Fake Rolex Comment Bangkok. Lady Gaga wants to go shopping in Bangkok — for a fake Rolex. | 7:59 PM May 24, 2012 4. Fresh Court Challenge to Australian Refugee Policy Sydney. Australia's mandatory detention of boat people is to come under fresh legal scrutiny with a refugee advocate on Thursday unveiling a High Court challenge to government security checks of detainees. | 8:47 PM May 24, 2012 5. Six Toll Roads to See Tariff Increase in 2012 The government plans to raise the toll fee for the Waru-Juanda fly over toll road in Surabaya, East Java by 12 percent, or Rp 500 (five cents) by end of this month, a toll regulator official said. Imam Mudzakir | 11:08 AM May 24, 2012 Advertisement In Today's Newspaper SBY Seeks to Take Charge of Ailing Democrats Fearful that ongoing scandals are undermining his party's 2014 election prospects, President Susilo Bambang Yudhoyono has decided to take a more direct approach in managing the affairs of the Democratic Party, sidelining corruption-plagued members and those he suspects are disloyal. Read about it in today's Jakarta Globe or subscribe to receive the paper every day.   Contact Us Citra Graha Building 11th Floor, Suite 1102 Jl. Jend. Gatot Subroto Kav. 35-36 Jakarta 12950 | Indonesia Phone: +62 21 29957500 | Fax: +62 21 5200072 Follow us online for the latest breaking news every day: Facebook: thejakartaglobe Twitter: @thejakartaglobe You are receiving this newsletter because you signed up to receive daily top stories from thejakartaglobe.com. privacy policy | not interested anymore? unsubscribe instantly.