Indonesian Political, Business & Finance News

Archive: 24 July 2002

82 articles found

Children have to leave school to support families

Children have to leave school to support familiesLeo Wahyudi S, The Jakarta Post, Jakarta Eki is only 10 years old, but he plays an important role in his family. Along with his brother, Edo, who is two years older, he is the family's breadwinner.

Media outlets being sued for cigarette ads

Media outlets being sued for cigarette adsMuninggar Sri Saraswati, The Jakarta Post, Jakarta Five foundations filed a lawsuit against two giant cigarette producers, two private television stations, two print media and three advertising companies in connection with what they allege were illegal...

The sagas of Paiton I and Karaha Bodas

The sagas of Paiton I and Karaha Bodas Kurtubi Member U.S. Association for Energy Economics (USAEE) American Economic Association (AEA) Jakarta There are at least two independent power producer (IPP) cases the settlement of which will be of great disadvantage to the public.

Star Air launches flight to Pekanbaru

Star Air launches flight to Pekanbaru JAKARTA: Privately owned airline Star Air has started flight service to Pekanbaru from Jakarta as part of its effort to expand operations in the country.The company said in a statement that it would have daily flights between the two cities starting on Sunday.

* Headlines: Banking authority urged to help public screen banks

* Headlines: Banking authority urged to help public screen banks 2 * National: MPR won't assess Megawati's annual report 4 * Archipelago: Cloud seeding expected to end drought 5 * City: Councillors to present views on Sutiyoso 8 * Opinion: Public stuck with bill for private power 6 * Sports:...

Foreign buyers to join trade expo

Foreign buyers to join trade expo JAKARTA : The National Agency for Export Development (BPEN) said that about 5,000 foreign buyers from 90 countries would participate in the upcoming 2002 PPE export products exhibition in Jakarta.

Victims of July 27 attack plan street rallies

Victims of July 27 attack plan street ralliesBambang Nurbianto and Ahmad Junaidi, The Jakarta Post, Jakarta Didi Purwanto, 32, knew the consequences of supporting Megawati Soekarnoputri, who was the main enemy of the New Order under former authoritarian president Soeharto.

Govt approves Telkom bond issue

Govt approves Telkom bond issue JAKARTA: PT Telekomunikasi Indonesia has obtained government approval to go ahead with a dollar-denominated bond issue later this year - a turnaround after rejecting the plan in June.

For REGENCY PROFILE/July 23

For REGENCY PROFILE/July 23 Parangtritis Beach remains prime tourist spot Bantul regency has quite a number of tourist attractions, with the most well-know destination being Parangtritis Beach, some 29 kilometers to the south of Yogyakarta.

Lhokseumawe's district court running amid continuing conflict

Lhokseumawe's district court running amid continuing conflictYogita Tahilramani and Edith Hartanto, The Jakarta Post, Lhokseumawe, Aceh Gazing through red-rimmed eyes at his empty desk, the chief of the Lhokseumawe District Court Judge Arifin Sani says that he has only one wish for the court.

Public may get stuck with bill for private power

Public may get stuck with bill for private powerKurtubi, Member U.S. Association for Energy Economics (USAEE), American Economic Association (AEA), Jakarta There are at least two independent power producer (IPP) cases the settlement of which will be of great disadvantage to the public.

RI banking system: Rewarding the bad guys

RI banking system: Rewarding the bad guysMarzuki Usman, Former Head Capital Market Supervisory Agency (Bapepam), Jakarta If you put your money in the bank, then you expect it to be there when you want to draw it out.

Kaltim Prima Coal operates a 7,900 square kilometer coal mine

Kaltim Prima Coal operates a 7,900 square kilometer coal mine in Sangatta, East Kalimantan under a working contract signed with the government in 1978.

2. TKI: 30

2. TKI: 30 RI to raise migrant worker issue in high-level talks with Malaysia 3. AIR: 1 x 40 Europe, U.S. compete over fighter contracts 4. ARF: 42 Crunch time for Asia-Pacific security forum

Local agricultural business growing in Mimika

Local agricultural business growing in Mimika Yosias Magai and his wife are feeding their ducks in their fenced backyard when someone wanting something from their small shop in front of their house calls out. Yosias asks his wife to attend to their customer.

JP/1/HOUR

JP/1/HOUROne dead as police, mob clash: Police in the West Sumatra town of Tanah Datar opened fire on an angry mob on Tuesday, killing a man and injuring 15 others. The residences of Batusangkar district chief and the police subprecinct chief, as well as five motorcycles were set on fire during the...

* Headlines: Banking authority urged to help public screen banks

* Headlines: Banking authority urged to help public screen banks 2 * National: MPR won't assess Megawati's annual report 4 * Archipelago: Cloud seeding expected to end drought 5 * City: Councillors to present views on Sutiyoso 8 * Opinion: Public stuck with bill for private power 6 * Sports:...

Pelti vying for two golds at Asian Games

Pelti vying for two golds at Asian GamesMusthofid, The Jakarta Post, Jakarta The Indonesian Tennis Association will be counting on the female squad for any realistic chance of winning gold medals at the upcoming Asian Games.

FDI approvals fall 42% in first semester: BKPM

FDI approvals fall 42% in first semester: BKPMDadan Wijaksana and A'an Suryana, The Jakarta Post, Jakarta Foreign direct investment (FDI) approvals dropped by 42 percent to US$2.5 billion in the first half of this year from $4.

Plane crash victim found alive, after declare dead

Plane crash victim found alive, after declare deadThe Jakarta Post, Jakarta In a miraculous story of survival, a passenger of a plane that crashed in the remote jungle of East Kalimantan last week was found alive after rescue workers declared him and another nine people aboard dead.

* Headlines: Media outlets sued for cigarette ads 2

* Headlines: Media outlets sued for cigarette ads 2 * National: MPR won't assess Megawati's annual report 4 * Archipelago: Cloud seeding expected to end drought 5 * City: Councillors to present views on Sutiyoso 8 * Opinion: Public stuck with bill for private power 6 * Sports: British Open gives...

Adrian edited this around 2:45pm

Adrian edited this around 2:45pm For REGENCY PROFILE/July 23Placed in boxInvestment opportunities abound in Bantul The Bantul regency offers many promising investment opportunities, such as hotels, restaurants and other tourist facilities.

Edited by Adrian 3:30pm

Edited by Adrian 3:30pmFor REGENCY PROFILE/July 23 Story #4Pandansimo harbour, a lucrative long-term investmentBright prospects for Pandansimo harbor For years, Pandansimo beach, located on the northern part of Bantul regency and nudging the estuary of Progo river, has been a famous religious...

Merpati launches Malaka route

Merpati launches Malaka route JAKARTA: State-owned airline Merpati Nusantara Airlines started on Tuesday flight service from Pekanbaru, the provincial capital of Riau, to Malaka in Malaysia.The company said in a statement that the airline would serve the route three times a week on every Tuesday,...

PBSI warns shuttlers not to falsify ages

PBSI warns shuttlers not to falsify agesThe Jakarta Post, Jakarta The Indonesian Badminton Association (PBSI) has reiterated its warning against age falsification and has threatened stiff punishment for offenders at the ongoing Samsung SGS Cup in Bandung, West Java.

Cyber law must meet global standards

Cyber law must meet global standardsBerni K. Moestafa, The Jakarta Post, Jakarta A six-member expert team of the Non-aligned Movement (NAM) urged NAM member countries to adopt international standards for their cyber laws to minimize legal barriers in e-commerce, and to provide a common platform to...

1. MPR: 12 x 4 lines

1. MPR: 12 x 4 lines MPR won't assess Megawati's progress report Following a series of meetings, all 12 factions in the People's Consultative Assembly (MPR) have agreed not to assess the progress report presented by President Megawati Soekarnoputri at the Annual Session in August.

Banking authority urged to help public screen banks

Banking authority urged to help public screen banksDadan Wijaksana, The Jakarta Post, Jakarta As it is the public who will bear the brunt of government plans to terminate the blanket guarantee on bank deposits, the banking authority must require banks to improve transparency to allow depositors to...

Where to go in Surabaya, for Wednesday, July 24, 2001

Where to go in Surabaya, for Wednesday, July 24, 2001Exhibitions* Photo by Persatuan Seni Foto Surabaya (PSFS), at CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5615246), until July 27. * Painting by Jumadi, CCCL - French Cultural Center, July 31 to Aug. 10.

FOR FOCUS ISSUE JULY 21

FOR FOCUS ISSUE JULY 21 ;JP;HEN; ANPAc..r.. Consultation-HR-focus Grace Emilia Contributor Jakarta More firms turn to professionals to improve their HR Consulting businesses in Indonesia have been growing rapidly during the past decade as more and more companies turn to their services to help them...

'Foiled plot to bomb western targets'

'Foiled plot to bomb western targets' SINGAPORE: A terrorist group accused of plotting an assault against the U.S. Embassy here last year planned to use foreign suicide bombers to blow up the building, officials said on Tuesday.

'I want to play all the time with my friends'

'I want to play all the time with my friends'The Jakarta Post, Jakarta Children across the archipelago took part in celebrations for National Children's Day on Tuesday. The country, still in the grip of an ongoing economic crisis, is home to about 60 million children under 15 years old.

Wiranto refiles lawsuit against Tomagola

Wiranto refiles lawsuit against Tomagola BOGOR: After being rejected by the Cibinong District Court last November, former Indonesian Military commander Gen. (ret) Wiranto has refiled a libel suit against Thamrin Amal Tomagola, a sociologist at the University of Indonesia.

Cloud seeding expected to end drought

Cloud seeding expected to end droughtThe Jakarta Post, Jakarta Cloud seeding being planned by the government is expected to overcome the devastating drought on Java, a governor has said.Following a request from the governors of Central Java and West Java to delay cloud seeding in their...

Judges forced to live away from official residences

Judges forced to live away from official residencesThe Jakarta Post, Lhokseumawe, Aceh The Lhokseumawe District Court judges have their own, unique way of life. None of them live in the official residences provided by the government since these are located in the Bukit Rata area where gunfights and...

Many illegal businesses in Karawaci

Many illegal businesses in Karawaci TANGERANG: Hundreds of businesses in Lippo's Pinangsia Office Park complex in Karawaci have been operating without business permits from the municipal administration, an official says.

Councillors to present views on Sutiyoso

Councillors to present views on SutiyosoAhmad Junaidi, The Jakarta Post, Jakarta The City Council's factions will hold a plenary session on Wednesday to present their views on Governor Sutiyoso's accountability speech for his five-year tenure as governor.

STOCK EXCHANGE

STOCK EXCHANGE Stock prices on the Jakarta Stock Exchange (in rupiah) on July 23, 2002---------------------------------------------------------------------------Shares Close Change Trading Volume --------------------------------------------------------------------------- Abdi Bangsa Tbk 270 0 0...

IBRA to auction 51% Bank Niaga stake next week

IBRA to auction 51% Bank Niaga stake next weekDow Jones, Jakarta Indonesia will again attempt to sell a majority stake in state-owned Bank Niaga via an auction to be held next week."We will start selling the bank shares through an auction system next week," Indonesian Bank Restructuring Agency...

Fresh batch of troops arrive in Aceh amid growing tension

Fresh batch of troops arrive in Aceh amid growing tensionThe Jakarta Post, Lhokseumawe, Aceh The Indonesian Military (TNI) undertook a troop rotation in Aceh on Tuesday, with a fresh batch of soldiers landing at the Krueng Geukeuh Seaport in Lhokseumawe.Iskandar Muda Military Commander Maj. Gen.

Indosat injects $75m into Satelindo

Indosat injects $75m into Satelindo JAKARTA: PT Indonesian Satellite Corp., or Indosat, has injected US$75 million into its unit PT Satelit Palapa Indonesia, or Satelindo, Indosat Chief Executive Widya Purnama told reporters Tuesday.

RI remains pirates' playground, Somali increasingly risky

RI remains pirates' playground, Somali increasingly riskyAgence France-Presse, Kuala Lumpur Worldwide piracy attacks on seafarers continued to climb in the first half of this year with 171 incidents and Southeast Asia's biggest country Indonesia remains a leading contributor with 44 attacks, an...

For Advertorial July 26

For Advertorial July 26 Company: Kaltim Prima Coal Writer : Rikza Abdullah KPC strengthens basis for coal mining operation PT Kaltim Prima Coal (KPC) is strengthening the basis for operation of its huge coal mine in Sangatta, East Kalimantan, by improving efficiency and productivity, as well as by...

For Advertorial July 26

For Advertorial July 26 Company: Kaltim Prima Coal Writer : Rikza Abdullah KPC strengthens basis for coal mining operation PT Kaltim Prima Coal (KPC) is strengthening the basis for operation of its huge coal mine in Sangatta, East Kalimantan, by improving efficiency and productivity, as well as by...

'Children's rights must be upheld'

'Children's rights must be upheld'Fabiola Desy Unidjaja and Debbie A. Lubis, The Jakarta Post, Jakarta Both the government and the legislature lack the political will to put forward children's interests, ignoring the importance of upholding their rights in the country, an expert has said.

MPR won't assess Megawati's annual report

MPR won't assess Megawati's annual reportKurniawan Hari, The Jakarta Post, Jakarta Following a series of meetings, all 12 factions in the People's Consultative Assembly (MPR) have agreed not to assess the progress report presented by President Megawati Soekarnoputri at the Annual Session in August.

Tax office threatens to publish names of tax evaders

Tax office threatens to publish names of tax evadersRendi A. Witular, The Jakarta Post, Jakarta The Directorate General of Taxation threatens to go public with the names of the country's largest corporate tax evaders in September if they continue to be uncooperative in settling their tax...

For REGENCY PROFILE/July 23, 2002

For REGENCY PROFILE/July 23, 2002Main story Ready to welcome investors, buyers and tourists Regional autonomy, introduced to the country two years ago, has waken up most regency administrations from their long sleeps.

Stefanova, Edhi lead at Wismilak chess tourney

Stefanova, Edhi lead at Wismilak chess tourneyThe Jakarta Post, Jakarta Grand Master (GM) Antoaneta Stefanova of Bulgaria and GM Edhi Handoko shared top place with two points each after registering their second wins at the Wismilak International Chess Tournament in Surabaya, East Java, on Tuesday.

The Paiton I and Karaha Bodas sagas

The Paiton I and Karaha Bodas sagas Kurtubi Member U.S. Association for Energy Economics (USAEE) American Economic Association (AEA) Jakarta There are at least two cases of independent power producers (IPP) the settlement of which will be of great disadvantage to the public.

Plants and deer gorillas, murals

Plants and deer gorillas, murals My nieces and nephews have asked me to convey to you our horror and despair at reading that the plants and deer at the Bogor Botanical Gardens and Palace are under threat due to pollution of the Gunting pond, which is the main water source for the gardens.

Rupiah Rates July 23

Rupiah Rates July 23 JP/13/ConverRupiah Rates July 23 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S. dollar 1 9,436.00 8,436.00 8,981.00 8,891.00 Australian dollar 1 5,118.09 4,569.78 4,871.29 4,816.25 Brunei dollar 1 5,427.67 4,849.67 5,165.95 5,111.

Tommy's sentence may be too light

Tommy's sentence may be too lightFrom Rakyat MerdekaIt is really disappointing to hear that the prosecutor has demanded only 15 years' imprisonment for Tommy Soeharto. The prosecutor may have been afraid of demanding a longer prison term.

Urgent: Bank consolidation

Urgent: Bank consolidation The government should be commended for its well-designed program to phase out the blanket guarantee on bank deposits and claims within the next 20 months.The manner and the period of time in which the extent and amount of coverage under the guarantee program will...

Police seize 1 kg marijuana

Police seize 1 kg marijuana DENPASAR, Bali: The Denpasar Police narcotics unit made another big catch on Monday afternoon, when its officers arrested an alleged drug dealer and seized at least one kilogram of marijuana from him.

1. Stock (4x11)

1. Stock (4x11) Asian stocks rise but still vulnerable 2. FDI (2x24) FDI approvals falls 42% in first semester: BKPM 3. IMF (2x29)) IMF review team expected to arrive next week: Official 4. SME (2x19) Mega to sign decree on SMEs this week JP/13/SME

Court refuses to hear Golkar treasurers' testimony

Court refuses to hear Golkar treasurers' testimonyMuninggar Sri Saraswati, The Jakarta Post, Jakarta The efforts of former State Logistic Agency (Bulog) chief Rahardi Ramelan's lawyers to discover the whereabouts of Rp 40 billion of Bulog nonbudgetary funds that was misappropriated proved futile...

S'pore to be self-sufficient with water

S'pore to be self-sufficient with water SINGAPORE: Singapore said on Tuesday it will be able to let one of two water agreements with Malaysia lapse in 2011, serving notice the city-state is increasingly becoming self-sufficient for its water needs.Foreign Minister S.

Brawls in Kupang leave two killed

Brawls in Kupang leave two killedYemris Fointuna, The Jakarta Post, Kupang At least two people were killed and 40 houses burned down as brawls between residents continued on Tuesday in the subdistrict of Rote Barat Laut here.

Our sons and daughters

Our sons and daughters To be a "real street singer" is the simple dream of Jaman; while Anti wants to be a pretty, sweet-smelling bride; she told this newspaper that water for bathing is a luxury. Both youngsters are among 75,000 children working the streets of 12 cities in Indonesia, according to...

JP/6/OTHER3

JP/6/OTHER3Clamor from KADIN chairman Chairman of the Indonesian Chamber of Commerce and Industry (KADIN) Aburizal Bakrie called on the Annual Session of the People's Consultative Assembly (MPR) to discuss economic recovery.

UI asks public inputs for rectorial election

UI asks public inputs for rectorial election JAKARTA: The University of Indonesia (UI) is seeking inputs from the public about its candidates in the rectorial election, an official said on Tuesday."We will place an advertisement in several newspapers to solicit inputs from the public about the...

ASEAN to mull plans for antiterror pact in Brunei

ASEAN to mull plans for antiterror pact in BruneiEileen Ng, Agence France-Presse, Kuala Lumpur Malaysia is pressing for an anti-terrorism pact which it signed with Indonesia and the Philippines to be expanded to cover all of Southeast Asia, an alleged hotbed for allies of Osama bin laden's al-Qaeda...

Army takes over district from UN force

Army takes over district from UN force EAST TIMOR: East Timor's army on Tuesday replaced United Nations peacekeepers in one district of the new nation -- the first step in a 20-month handover which will see the blue berets bow out.

Indonesia, Sudan sign seven MoUs

Indonesia, Sudan sign seven MoUs JAKARTA: Indonesia and Sudan signed on Tuesday seven memorandums of understanding (MoUs) in an effort to strengthen bilateral relations.Representatives of the two countries signed the MoUs in the presence of Indonesian Vice President Hamzah Haz and his Sudanese...

Traffic accident kills six lives

Traffic accident kills six lives CIANJUR, West Java: At least six people were killed when an intercity bus collided head-on with a public minivan on Jl. Perintis Kemerdekaan in Sukamaju village here on Tuesday.

For REGENCY PROFILE/July 23

For REGENCY PROFILE/July 23 Home to export-oriented handicraft products There are several outstanding industrial centers in Bantul regency, particularly in small-scale undertakings and popular handicrafts.

Gus Dur suggests a delay in amendment of articles

Gus Dur suggests a delay in amendment of articlesThe Jakarta Post, Jakarta Public hope for a direct presidential election came up against another hurdle on Tuesday as former president Abdurrahman Wahid suggested that the People's Consultative Assembly (MPR) delay the implementation of the amended...

Public control a must to stop corrupt judiciary: ICW

Public control a must to stop corrupt judiciary: ICWTertiani ZB Simanjuntak, The Jakarta Post, Jakarta The non-governmental organization, Indonesian Corruption Watch (ICW), has called for public control of the judiciary, as the best way to combat the endemic corruption in the country's courts.

'Surabaya Post' declared bankrupt

'Surabaya Post' declared bankruptAinur R. Sophiaan, The Jakarta Post, Surabaya The Surabaya Post evening newspaper, which ceased publication on May 1 this year, was declared bankrupt, making its reappearance virtually impossible in the near future, its senior journalists said on Tuesday.

Guiding companies to succeed in borderless market

Guiding companies to succeed in borderless marketI. Christianto Contributor JakartaThe trade globalization trend has seemingly turned the world into one single market with a product from one place to other parts of the world flowing freely without going through significant barriers.

IMF review team expected to arrive next week: Official

IMF review team expected to arrive next week: OfficialThe Jakarta Post, Jakarta A team from International Monetary Fund (IMF) is expected to arrive here next week to review the progress of the country's economic reforms, which were agreed to in the letter of intent (LoI) signed by the government...

NU to hold congress on Thursday

NU to hold congress on Thursday JAKARTA: The country's largest Muslim organization, Nahdlatul Ulama (NU), will hold a four-day congress from July 25 through to July 28 here, which is slated to discuss the organization's internal matters as well as national issues, including the ongoing amendment...

RI to raise migrant worker issue in high-level talks with Malaysia

RI to raise migrant worker issue in high-level talks with MalaysiaFabiola Desy Unidjaja, The Jakarta Post, Jakarta President Megawati Soekarnoputri would raise the issue of Indonesians illegally working in Malaysia during talks with Malaysian Prime Minister Mahathir Mohamad on Aug. 7 and Aug.

Advertorial: PT Aneka Tambang

Advertorial: PT Aneka Tambang Publication: July 26 - Friday Aneka goes out of its way to boost investor confidence The recent string of financial scandals in the United States has clearly taught a valuable lesson to every company throughout the world on the importance of good corporate governance.

Megawati' popularity falls as her party weakens

Megawati' popularity falls as her party weakensTiarma Siboro and Fabiola Desy Unidjaja, The Jakarta Post, Jakarta President Megawati Soekarnoputri held a small feast on Tuesday to celebrate her first year in power but may have to gear up for a tougher year ahead amid signs of dropping popularity.

for focus issue -- business consultancy --- July 21

for focus issue -- business consultancy --- July 21;JP;HEN; ANPAc..r.. Consulting-crisis-orders Crisis: Real boon for foreign consultants Hendarsyah Tarmizi The Jakarta Post Jakarta It has been more than four years since the financial crisis started to hit the country in late 1997, but for many...

East Timor to join IMF, WB

East Timor to join IMF, WB WASHINGTON: East Timor, the world's youngest nation, was due to join the International Monetary Fund (IMF) and World Bank on Tuesday, the lending institutions said.At a Washington ceremony, Prime Minister Mari Alkatiri was scheduled to sign the Articles of Agreement for...

Luong renominated as president

Luong renominated as president VIETNAM: Vietnamese Communist Party technocrat Tran Duc Luong was renamed president for another five-year term on Tuesday, assembly sources said.National Assembly chairman Nguyen Van An, elected by delegates earlier in the day to head the country's highest legislative...

Councillors insist on overseas trip

Councillors insist on overseas trip SURABAYA: Turning a deaf ear to public criticism, 17 East Java provincial councillors said they would stick to their plan to visit a number of foreign countries.Chairwoman of Commission E for people's welfare Harbiyah Sholahuddin said no changes had been made to...

Bad public officials must go

Bad public officials must goFrom Koran TempoSome people with a preconceived notion of President Megawati Soekarnoputri must have cynically looked upon her request that public officials incapable of carrying out their duties resign.

Mega to sign decree on SME this week

Mega to sign decree on SME this weekA'an Suryana, The Jakarta Post, Jakarta President Megawati Soekarnoputri has endorsed the latest decree on the restructuring of debts owed by small and medium-sized enterprises (SMEs), and is set to sign it on Thursday, a senior government official says.