Indonesian Political, Business & Finance News

Archive: 14 December 2002

Showing 1-50 of 93 articles

Tracking terror funds in SE Asia a tough task

Tracking terror funds in SE Asia a tough task Associated Press, Manila Southeast Asian governments are finding it tougher to stop terror financing than money laundering because of informal transaction systems and poor financial regulation, Asian Development Bank official said on Friday. "Some recent incidents show that funds for terrorist financing are not necessarily very huge," said Motoo Noguchi, an ADB adviser on anti-money laundering activities.

Over 30 countries to attend money laundering conference

Over 30 countries to attend money laundering conference Fabiola Desy Unidjaja, The Jakarta Post, Jakarta Officials from more than 30 countries and international organizations will be gathering in Bali on Dec. 17 and 18 to discuss comprehensive measures to deal with money laundering and terrorist financing in the region. Co-hosted by Indonesia and Australia, the two-day conference, will focus on capacity building measures from the participating countries in detecting such crimes.

Jakarta riverbank dwellers apathetic about coming floods

Jakarta riverbank dwellers apathetic about coming floods Novan Iman Santosa, The Jakarta Post, Jakarta Suffering through floods every year, many of the people living along the banks of the Ciliwung River seem to have given up and accepted that they will have to deal with the flooding again this rainy season. "What else can we do? Floods hit our area every year.

Quiz your children

Quiz your children Where are we with truth, and how much does it matter? Two questions that to many will seem rather aimless, and yet they are the crux of many a problem. Who says that Indonesians are hung by one foot in Australia, and who believes that story?

Jakarta can use Bantar Geabng until end of 2003

Jakarta can use Bantar Geabng until end of 2003 Ahmad Junaidi, The Jakarta Post, Jakarta Disregarding its findings of water and air pollution at the Bantar Gebang garbage dump in Bekasi, West Java, an independent environmental impact team conditionally recommended on Friday that Jakarta be allowed to continue using the dump until the end of 2003.

Garuda plane collides with jeep

Garuda plane collides with jeep SINGAPORE: A passenger plane collided with a jeep as it prepared to take off from Singapore's Changi Airport, officials said on Friday. The Garuda Indonesia Boeing 737 plane was grounded after the accident with an airport ground vehicle on a taxiway on Thursday at 8:50 p.m., the Civil Aviation Authority of Singapore said in a statement. No one was injured and the Jakarta-bound passengers were transferred to another flight that left about three hours later.

'Civil servants only care about money, not work'

'Civil servants only care about money, not work' Civil servants and legislators are notorious for their lack of discipline, something that was clearly shown on Wednesday, the first working day after the long Idul Fitri (Lebaran) holiday, when only around 1,000 out of the 5,000 City Hall employees, and 51 out of the city's 85 councillors showed up for work. The Jakarta Post asked some people to give their views on the issue.

Navy chief warns foreign fishing vessels not to poach in RI waters

Navy chief warns foreign fishing vessels not to poach in RI waters The Jakarta Post, Jakarta Navy chief Adm. Bernard Kent Sondakh threatened on Friday to sink any foreign fishing vessel caught poaching in Indonesian waters. "I would like to warn businesspeople operating foreign fishing vessels to stop their poaching in our waters because the Navy is determined to take strong action against them," he told the official Antara news agency.

1. BANGKOK: 1 x 50

1. BANGKOK: 1 x 50 U.S. stalls APPC meeting over abortion on demand 2. HAMBALI: 1 x 60 Suspected Indonesian terrorists led double life in Malaysia 3. FLOOD: 1 x 65 Jakarta riverbank dwellers apathetic about coming floods 4. KOCH: 1 x 63 'The Year of Living Dangerously' author returns after 34 years

Sleman regency: Treasure trove of Java's cultural heritage

Sleman regency: Treasure trove of Java's cultural heritage Java has a multi-faceted image, which is already quite familiar to the international community -- comprising its ageless traditions, culture and arts, to mention a few. Sleman is an area located in the northern outskirts of Yogyakarta, a city which is renowned as one of Java's oldest cultural centers.

JP/7/SAYID

JP/7/SAYID Energy: The source of conflicts of nations The struggle and competition for energy Sayidiman Suryohadiprojo Former Governor National Resilience Institute (Lemhanas) Jakarta There is no life that can be sustained without energy. The struggle for survival is in fact a competition to capture useful energy and secure its continued flow. In our universe the sun is an important source of energy for our planet.

Sudibyo M. Wiradji

Sudibyo M. Wiradji Contributor Jakarta Various tour packages cater to travelers' needs For many years, Hong Kong has been a favorite destination for overseas travelers, including Indonesians, who go there not only for business but also for holidays.

Parties told to meet tough terms

Parties told to meet tough terms Berni K. Moestafa and Debbie A. Lubies, The Jakarta Post, Jakarta Several new political parties may have to drop their bid to contest in the 2004 general election as the government now requires them to reapply under tougher registration criteria with the new law on political party about to take effect. "If the parties don't meet the new criteria we'll drop them," said R. H. Tjapah, spokesman at the Ministry of Justice and Human Rights on Friday.

PPDK installs Riau leadership

PPDK installs Riau leadership PEKANBARU, Riau: The United National Democratic Party (PPDK) will install its provincial leadership in Pekanbaru, Riau, on Saturday. Akmam Adipoetra, PPDK Riau chairman, said in Pekanbaru on Friday that party chairman Ryaas Rasyid, former minister of regional autonomy, was scheduled to install the central board members of the PPDK and its seven regional chapters.

Moving towards the Free Trade Zone era in Batam

Moving towards the Free Trade Zone era in Batam Legal certainty for investors An industrial zone with international scope such as Batam absolutely requires sufficient area for further expansion in the future. The Batam Authority has anticipated this requirement by launching various efforts, such as diversifying land use and appropriating land allocation. All these efforts are related to legal certainty pertaining to investments in Batam.

Floods: Not an act of God

Floods: Not an act of God Azas Tigor Nainggolan, Chairman, Forum of Jakarta City Residents (FAKTA) People say there is nothing new under the sun. This old adage also applies to floods. The months of January and February 2002 witnessed how, for the umpteenth time, the city of Jakarta fell easy victim to a massive deluge. Floods have been part of Jakarta for hundreds of years. In 1699, because of the eruption of Mount Salak, the city was inundated.

Addressing state functionaries

Addressing state functionaries From Bali Post The country's reform drive has brought about significant improvement in the way of societal life in Indonesia. In fact our reform has not deviated from its original ideals as some people have suggested. These people, who are ardent followers of the New Order regime, want to maintain the status-quo. I strongly believe that our reform has been on the right track. However, in my opinion, there is some minor points that need our consideration i.e.

(Caption for Spotlight column. Approved by client: Metro

(Caption for Spotlight column. Approved by client: Metro Department Store) WISHES COME TRUE AT METRO DEPARTMENT STORE: To celebrate Idul Fitri and Christmas, METRO Department Store is giving its customers the opportunity to win various prizes through its "Wishes Come True" lucky draw, which they write their desired presents on the "Wishing Ketupat" for Idul Fitri and the "Wishing Leaf" for Christmas. The first lucky draw was held on Nov.29,2002 (photo above).

Accident toll up to five

Accident toll up to five Multa Fidrus, The Jakarta Post, Tangerang The number of deaths resulting from the Sri Kertabumi bus accident on Jl. Daan Mogot, Batu Ceper district, Tangerang, increased from three to five on Friday. The two latest victims, Misrah, 50, a resident of Keragilan district, Serang, Banten, and Maspandu, the bus conductor, died in Tangerang General Hospital late on Thursday.

Police search for three more suspects in drug case

Police search for three more suspects in drug case Fadli, The Jakarta Post, Batam The National Police said they were searching for three more suspects in connection with a home laboratory manufacturing ecstasy pills, which was discovered last week in the Riau town of Tanjung Balai Karimun. The police, however, refused to identify the three suspects, who they believe are still in Indonesia, but said they may be suppliers of the equipment and substances used to make excepts.

Singapore jobless hits 4.8$ amid economic weakness

Singapore jobless hits 4.8$ amid economic weakness Agence France-Presse, Singapore Singapore's jobless rate is escalating, and the number of long-term unemployed has hit a record high, the government said Friday as continuing economic weakness saw the labour market shrink for a fifth consecutive quarter.

Corruption eradication

Corruption eradication President Megawati once stated that the Indonesian bureaucracy was like a waste basket. What she meant was that the bureaucracy is not capable of carrying out public policy and lacks coordination. I think the President also realizes that the bureaucracy lacks more than just professionalism. It is a public secret that all branches of the government, the executive, legislative and judiciary, are corrupt. Tempo of Nov. 25 and Dec.

Balinese tourism and travel damaged, not dead

Balinese tourism and travel damaged, not dead M.Ali MBA student Nottingham University United Kingdom News regarding the twin trades of tourism and travel has been very bleak recently. Just over a year ago, the terrorist attacks in the U.S. caused aftershocks throughout the world from which it is slowly recovering. This year, the series of terrorist attacks on Bali have caused a similar damaging effect and have delivered among the worst damaging blows to tourism and travel.

Govt shelves plan to split Papua into three provinces

Govt shelves plan to split Papua into three provinces Nethy Darma Somba and Fabiola Desy Unidjaja, The Jakarta Post, Jakarta/Jayapura The government has for the time being shelved plans to create three new provinces from the country's easternmost province of Papua after Papua Governor J.P. Salossa strongly argued against the move.

Gamelan novelty evokes admiration

Gamelan novelty evokes admiration Ridlo Aryanto, Contributor, Yogyakarta Poverty and other such limitations can sometimes be a driving force behind the creativity needed for a unique contemporary invention. Such is the experience of Fredy Pardiman Joyonegoro, a young musician from Yogyakarta. It all began in 1992, when a dance student friend from the Indonesian Institute of Arts (ISI) in Yogyakarta asked Fredy to compose a gamelan accompaniment for her exam performance.

Papua: A Zone of Peace

Papua: A Zone of Peace Neles Tebay Pontifical University of Urbaniana Rome On Dec. 1, the Papuans made two fundamental decisions, namely to declare Papua as a zone of peace and to claim Dec.1 as the Papua's Day of Peace. The declaration was publicly announced on that day in a speech by the deputy chairman of the Papuan Presidium Council (DPD), Tom Beanal.

Thailand eying Tiger Cup hat-trick

Thailand eying Tiger Cup hat-trick Agence France-Presse, Jakarta Thailand will be aiming to cement its status as the undisputed king of Southeast Asian soccer when the fourth Tiger Cup kicks off here Sunday. The Thais have been the dominant force in the six short years of the tournament, which comprises member nations from the ASEAN Football Federation and is being co-hosted this year in Singapore and Indonesia.

Two bidders vying for Indosat

Two bidders vying for Indosat Dow Jones, Jakarta The government Friday received only two final bids for its 41.94 percent stake in Indonesian Satellite Corp. (Indosat), sources told Dow Jones Newswires. The two are Singapore Technologies Telemedia Pte. Ltd. and Telekom Malaysia Bhd., the sources said. The two other bidders, Malaysian company Desa Mahir Sdn. Bhd. and Gilbert Global Equity Capital Asia Ltd., failed to submit their final offers, which were due at 0100 GMT (8 a.m.

Garuda's new pricing policy

Garuda's new pricing policy Garuda spent a full page on the December issue of their inflight magazine to try to explain their new pricing policy. A full page of information is difficult for anyone to understand. They have engineered a system against the interests of the customers. In fact most tickets now cost more. When I order a ticket, I want that ticket, not a ticket that will give me certain advantages that I don't need.

Stock quotations on JSX

Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec.13, 2002: -------------------------------------------------------------- Shares Close Change Trading Volume -------------------------------------------------------------- Abdi Bangsa Tbk 270 0 0 Ades Alfindo Tbk 725 0 0 Adindo Foresta 50 0 0 AGIS Tbk 65 -5 50,000 Akbar Indo Makmur 215 0 0 Alakasa Industrindo 75 0 0 Alfa Retailindo Tbk 750 -25 2,000 Alter Abadi Tbk 10 0 0 Alumindo Light 145 -10 82,500 Andhi...

Regent annuls selection of civil servants

Regent annuls selection of civil servants Yemris Fointuna, The Jakarta Post, Kupang, East Nusa Tenggara Bowing to pressure from the local legislative council and protesters, Alor Regent Ans Takalapeta from East Nusa Tenggara (NTT) province has annulled his administration's decision to accept 145 new civil servants. The 145 participants were declared to have passed a test for civil servant candidates through decree No. UP.811/911/2002, which was announced on Dec. 3.

IBRA's revenue exceeds target

IBRA's revenue exceeds target JAKARTA: The Indonesian Bank Restructuring Agency (IBRA) said it had collected Rp 47.2 trillion (US$5.1 billion) in revenue as of early December from its sales of assets, exceeding the full- year target of Rp 42.8 trillion. IBRA chairman Syafruddin Temmenggung confirmed the figures late on Thursday following a meeting with the Financial Sector Policy Sector (FSPC).

Navy to buy new equipment

Navy to buy new equipment SURABAYA: The Navy is planning to buy new equipment worth millions of U.S. dollars in 2003, Navy commander Adm. Bernard Kent Sondakh said on Friday. Bernard said the Navy would buy combat simulation equipment, warships, helicopters and weapons. "This (the purchase of the equipment) is part of the Navy's efforts to improve its professionalism," Bernard was quoted by Antara as saying.

OPEC faces tough test in maintaining production cuts

OPEC faces tough test in maintaining production cuts Nadra Saouli, Agence France-Presse, Vienna Saudi Arabia has pushed OPEC to announce oil production cuts but it remains to be seen if crises in Iraq and Venezuela keep the oil cartel from holding to its promises.

Australia will be destroyed instantly: Ba'asyir

Australia will be destroyed instantly: Ba'asyir Agence France-Presse, Sydney, Australia Abu Bakar Ba'asyir, head of the outlawed terror group Jamaah Islamiyah (JI), has warned that Australia will be "destroyed instantly" if it attacks terrorist targets overseas, it was reported on Friday. The Sydney Morning Herald said Ba'asyir, 64, issued the warning in answers to questions the paper put to him this week through an intermediary in the Jakarta police hospital where he is being held.

Tourism, a spoiled child

Tourism, a spoiled child From Bali Post One day while my family and I were waiting for a bus at the Ubung terminal in Denpasar, Bali, to take us home, I was hit by a foreign tourist. Of course, I was taken by surprise and was about to hit back, but the crowd stopped me. They advised me "not to retaliate as a tourist deserves to be respected so as not to hurt tourism in Bali".

Budget's presentation slated for Monday

Budget's presentation slated for Monday JAKARTA: The city administration will officially present the 2003 city budget amounting to Rp 11 trillion (US$1.2 billion) to the City Council on Monday. Head of the City Development Planning Office Ritola Tasnaya told reporters that the budget papers were handed over to the council on Friday. He said that there had been a delay in the budget's approval, adding that it was now expected to be approved by the end of January, instead of the end of December.

1. BLIND: 1 line, 38 counts

1. BLIND: 1 line, 38 counts Yogyakarta blind band wins recognition 2. KELLY: 1 LINE, 35 COUNTS Girl groups find it difficult to get along 3. BANKRU: 2 LINES, 27 COUNTS Recession sounds dour drumbeat for symphony orchestras, operas

'TVRI' to air Ratna Sarumpaet's 'Alia'

'TVRI' to air Ratna Sarumpaet's 'Alia' The Jakarta Post, Jakarta Ratna Sarumpaet's Alia, Luka Serambi Mekah (Alia, Wound of Serambi Mekah), a play lampooning injustices in Aceh, will be aired on state-run TVRI on Dec. 15. Performed by Teater Satu Merah Panggung, the replay will begin at 11 p.m. and is aired in conjunction with the commemoration of the International Human Rights Day. Alia, Luka Serambi Mekah made its debut performance in May 2000 at Taman Ismail Marzuki.

I don't know Mukhlas; Israeli spies spies, Americans were targeted: Samudra

I don't know Mukhlas; Israeli spies spies, Americans were targeted: Samudra I Wayan Juniartha and Ade Siboro, The Jakarta Post, Denpasar/Jakarta Imam Samudra suspected team leader of the Oct. 12 terror bombing in Bali, denied knowing other main suspect Mukhlas alias Ali Gufron who has previously admitted to channeling US$30,000 from Malaysian Wan Min to finance the bombing.

Carrefour still closed

Carrefour still closed Superstore Carrefour in Ratu Plaza shopping center in South Jakarta remained closed on Friday while four employees were still in the hospital with gas poisoning. "The doctors said some of them will be allowed to leave the hospital tomorrow, but others would have to stay longer for further observation," Carrefour spokesman Trijono Prijosusilo told The Jakarta Post.

Govt needs to send signal to all criminals: Economist

Govt needs to send signal to all criminals: Economist Dadan Wijaksana, The Jakarta Post, Jakarta While pushing ahead with plans to get debtors, considered as cooperative, off criminal charges, the government should send a strong signal that punishment would also prevail for uncooperative ones, an economist said. Chatib Basri of the University of Indonesia said he shared the government's view that those who have been cooperative should be awarded with a release and discharge (R&D) status.

Child participation in law-making process beneficial: Unicef

Child participation in law-making process beneficial: Unicef Debbie A. Lubis, The Jakarta Post, Jakarta The government and legislators need to involve children and young people in the implementation of the law on child protection since they may give concrete and practical suggestions that are needed to improve the law's implementation, a Unicef representative has said.

Truck sales to remain slow next year

Truck sales to remain slow next year The Jakarta Post, Jakarta Truck sales are expected to remain weak next year with businesses still concerned about the country's economic and political situation, especially with the 2004 general election approaching, according to an industry executive. Gunadi Sindhuwinata, president of PT Indomobil Sukses International, said on Friday truckmakers in Indonesia expected to sell 300,000 trucks in 2003, about the same number expected to be sold this year.

'The Year of Living Dangerously' author returns after 34 years

'The Year of Living Dangerously' author returns after 34 years Hera Diani, The Jakarta Post, Jakarta For the first time in 34 years, Australian author Christopher John Koch, better known as CJ Koch, returned to Indonesia, the setting of his 1978 best-selling novel The Year of Living Dangerously.

RI opens consulate in Guangzhou

RI opens consulate in Guangzhou JAKARTA: Indonesia's Consulate in Guangzhou, China officially opened on Thursday marked by the presenting of diplomatic credentials by Consul General Hamdani Djafar to Lin Jian, the consulate director at the Chinese foreign ministry in Guangdon province. In Beijing, Indonesia's embassy there informed the Chinese government through its ministry for foreign affairs of the official opening of the consulate in Guangzhou.

Accidents on Jakarta-Tangerang tollway drop

Accidents on Jakarta-Tangerang tollway drop TANGERANG: The number of traffic accidents on the Jakarta- Tangerang toll road drastically dropped this year. Data from the information center of PT Jasa Marga's Tangerang branch showed that there were only four accidents with no fatalities during the seven-day period of the Idul Fitri celebration.

* Headlines: U.S. stalls APPC meeting over abortion issue 3

* Headlines: U.S. stalls APPC meeting over abortion issue 3 * National: Govt shelves plan to split Papua into three 4 * Archipelago: Navy warns foreign fishing vessels not to poach 5 * Opinion: Ratification of UN treaties only lip service in RI 7 * City: Wealth commission in uphill battle with councillors 8 * Sports: World Cup dates are wrong, players say 9 * World: Tracking terror funds in SE Asia a tough task 11 * Business: Friedman named Bush's top economic aide 16 * Features: Gamelan...

11 Navy vessels in Aceh waters

11 Navy vessels in Aceh waters SURABAYA: Eleven Indonesian warships are still on station in Aceh waters, despite the army's lifting of a siege on a rebel position in northern Aceh and the signing of a truce in Geneva last Monday. The ships, consisting of seven warships and four freighters, are awaiting further orders from the Indonesian Military commander, the Navy's commander Adm. Bernard Kent Sondakh said on Friday. Bernard said the ships might be kept on in the waters of Aceh.

Philippines' San Miguel to go on Asian investment spree

Philippines' San Miguel to go on Asian investment spree Agence France-Presse Manila Philippine food and beverage giant San Miguel Corp. is to launch an investment spree in Asia, company chairman Eduardo Cojuangco said. It is also finalizing the acquisition of two terminals of a major port operator in the Philippines, he told reporters late Thursday. The investment drive would be launched in January covering China, Indonesia, Thailand, Malaysia, Vietnam, Cambodia and Australia.