Indonesian Political, Business & Finance News

Archive: 26 July 2002

81 articles found

Resolving SME bad loans

Resolving SME bad loans The government will most likely resist strong political pressure to take populist measures against restructuring bad small and medium enterprise (SME) loans, thereby refusing to unilaterally set across-the-board discounts on debt principals and interest.

* Headlines: President asks clerics to fight against fanaticism 2

* Headlines: President asks clerics to fight against fanaticism 2 * National: NU seeks to reunite scattered members 4 * Archipelago: Govt bans exports of East Java fish 5 * Opinion: Hopes for sustainability at Johannesburg summit 7 * City: Agung admits to receiving Rp 1.

JAKARTA: Minister of Health Achmad Sujudi has said that

JAKARTA: Minister of Health Achmad Sujudi has said that Malaysia was planning to recruit 555 general practitioners, medical specialists and dentists from Indonesia to be posted in hospitals and clinics in Sabah, Serawak and Semenanjung states.

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.

Stock prices on the Jakarta Stock Exchange (in rupiah) on July 25, 2002:

Stock prices on the Jakarta Stock Exchange (in rupiah) on July 25, 2002: -------------------------------------------------------------------------- Shares Close Change Trading Volume -------------------------------------------------------------------------- Abdi Bangsa Tbk 270 0 0 Ades Alfindo Tbk...

Beware of public apathy toward MPR Session

Beware of public apathy toward MPR SessionBerni K. Moestafa, The Jakarta Post, Jakarta A political analyst warned on Thursday that the public could prove to be apathetic toward the upcoming Annual Session of the People's Consultative Assembly (MPR), saying bribery among politicians would erode the...

'Stop sending women workers to Middle East'

'Stop sending women workers to Middle East'The Jakarta Post, Jakarta State Minister of Women's Empowerment Sri Redjeki Sumaryoto has strongly urged the government to stop supplying women workers to Middle Eastern countries as they are still treating Indonesian women employed as domestic helpers in...

Ex-Bakin chief sued in Tangerang

Ex-Bakin chief sued in Tangerang TANGERANG: The hearing of a slander lawsuit against ZA. Maulani, the former chief of the State Intelligence Coordinating Board (Bakin), began on Thursday at the Tangerang District Court.

Province 'drops' lawsuit against KPC

Province 'drops' lawsuit against KPC JAKARTA: East Kalimantan provincial government has dropped part of its legal case to take over PT Kaltim Prima Coal, in a move toward ending a messy ownership dispute over the nation's most profitable coal mine.

For July 27 victims, Megawati is a past idol

For July 27 victims, Megawati is a past idolBambang Nurbianto, The Jakarta Post, Jakarta Friends of Agus Wardoyo, a task force member for the Indonesian Democratic Party (PDI), believed he had been killed during the attack on the headquarters of the Indonesian Democratic Party (PDI) at Jl.

LPG price hike bemoaned

LPG price hike bemoanedFrom Pos KotaThough we only eat salted fish as a side dish, still we have to deal with the liquefied petroleum gas (LPG) price increase. Given the other price hikes, which have made food more expensive, the higher LPG prices make things even worse.

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...

Coffee farmers turn to vegetables amid low prices

Coffee farmers turn to vegetables amid low pricesOyos Saroso H.N., The Jakarta Post, Liwa, West Lampung With coffee prices down 90 percent from their 1997 levels, coffee farmers in West Lampung have begun to plant other crops, mostly vegetables.

Govt repays maturing bonds in cash

Govt repays maturing bonds in cashDadan Wijaksana The Jakarta Post Jakarta The government said it had repaid in cash some Rp 3.9 trillion (US$431 million) worth of bank recapitalization bonds maturing on Thursday by using part of proceeds from the sale of assets under the Indonesian Bank...

FOR GENERAL ISSUE - JULY 26

FOR GENERAL ISSUE - JULY 26;JP;HEN; ANPAf..r.. Coal-industry-outlookRikza Abdullah Contributor JakartaCoal industry grows robustly but still lacks fresh investment Indonesia is enjoying robust growth in its coal industry but it needs to be aware of the signals threatening its future development due...

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.

JP/1/HOUR

JP/1/HOURLaskar Jihad commander released from jail: Laskar Jihad commander Ja'far Umar Thalib got his first taste of free air on Thursday after two months behind bars. Ja'far's lawyer, M. Mahendradatta, said his client was released from the National Police jail following an order from the East...

Matahari to go ahead with bond issue

Matahari to go ahead with bond issue JAKARTA: PT Matahari Putra Prima, a leading Indonesian department store operator, is going ahead with a Rp 300 billion (US$33 million) bond issue to finance the construction of new stores next year.

1. PDIP: 50 pt, 3 cols, 3 x 18

1. PDIP: 50 pt, 3 cols, 3 x 18 Agung admits to receiving Rp 1.6 billion, but not from Sutiyoso 2. TINJA: 36 pt, 2 cols, 2 x 22 City sewerage project might not be realized 3. SMK: 30 pt, 3 cols, 1 x 28 Vocational graduates underskilled 4.

SBI rate up for second week in a row

SBI rate up for second week in a row JAKARTA: The weighted average interest rate on one-month SBI notes rose slightly for the second week in a row at auction Wednesday, the central bank said.The one-month SBI notes stood at 14.99 percent at the weekly auction, up a touch from 14.

BII's rights issue fails to attract enough buyers

BII's rights issue fails to attract enough buyersDadan Wijaksana, The Jakarta Post, Jakarta The government via the Indonesian Bank Restructuring Agency (IBRA) will have to finance a bulk of the cost to bailout the publicly-listed Bank Internasional Indonesia (BII) after the bank's rights issue...

Understanding Pia's wide world

Understanding Pia's wide worldDamar Harsanto, The Jakarta Post, Jakarta Fashion, arts, and women magazines have been the world of Pia Alisjahbana. But who knew that the young Pia was a dancer?It was almost 50 years ago, but it appears to be one of Pia's fondest memories.

Survivor unaware of plane crash

Survivor unaware of plane crash TARAKAN, East Kalimantan: International safety procedures during flight require aircraft passengers to wear seat belts.In perhaps a one-in-a-million case, going against the rule saved the life of a youth who claims he survived a plane crash because he defied the...

Fretting over freedom of national rights body

Fretting over freedom of national rights bodyAti Nurbaiti, Staff Writer, The Jakarta Post, Jakarta While the public frets about the future effectiveness of the National Commission on Human Rights, the few members regarded as the more committed ones will have to keep the Commission an independent...

Court set to decide Tommy's fate today

Court set to decide Tommy's fate todayMuninggar Sri Saraswati, The Jakarta Post, Jakarta Today could be the most crucial moment in the history of law enforcement in the country as the Central Jakarta District Court is scheduled to deliver a verdict in the trial of the youngest son of former...

New forestry law adds to mining sector woes

New forestry law adds to mining sector woesBerni K. Moestafa, The Jakarta Post, Jakarta It is not the first time the government has faced a tough decision, but the problem of mining operations in protected forests is proving to be a hard nut to crack.

Philippine FM to skip ASEAN meeting

Philippine FM to skip ASEAN meeting PHILIPPINES: Philippine foreign minister-designate Blas Ople is to skip a Southeast Asian gathering next week in Brunei, foreign office sources said on Thursday.Ople, a 75-year-old veteran politician, was named by President Gloria Arroyo late Wednesday to replace...

TNI, police to get more money in new budget

TNI, police to get more money in new budget JAKARTA: The Indonesian Military (TNI) and the National Police will be among four priorities for extra funding in next year's budget, a minister said on Thursday.

Advertorial: PT Aneka Tambang

Advertorial: PT Aneka Tambang Publication: July 26 - Friday Antam's ongoing commitment to conduct profitable business the right way 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...

Agung admits to receiving Rp. 1.6b, but not from Sutiyoso

Agung admits to receiving Rp. 1.6b, but not from SutiyosoAhmad Junaidi, The Jakarta Post, Jakarta Chairman of the Indonesian Democratic Party of Struggle (PDI Perjuangan) faction at the City Council Agung Imam Sumanto admitted on Thursday that he had disbursed Rp 1.

Book on Akbar's graft case withdrawn

Book on Akbar's graft case withdrawn JAKARTA: A book detailing the alleged role of House of Representatives Speaker Akbar Tandjung in the Rp 40 billion graft scandal of the State Logistics Agency (Bulog) has been withdrawn from sale by its publisher, Akbar's lawyer said on Thursday.

S'pore set to get ASEAN's top job

S'pore set to get ASEAN's top job SINGAPORE: The island state, Southeast Asia's free-trade champion, is poised to take over the powerful ASEAN secretary general's post as the regional bloc accelerates efforts to break down trade barriers, and erase its lackluster reputation.

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--------------------------------------------------- Coal Production (1,000 MT)---------------------------------------------------- Company 1999 2000 20011. PT BA 11,207 10,746 10,212 a. Tanjung Enim 10,116 10,008 9,653 b. Ombilin 1,091 738 5592.

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.

1. NU: 12 x 4 lines

1. NU: 12 x 4 lines NU seeks to reunite scattered members Nahdlatul Ulama (NU), the nation's largest Muslim organization, opened on Thursday a national conference aimed at reuniting its fragmented politicians and ulemas scattered throughout different parties and social groups.

Boeing 737 makes emergency landing in Banjarmasin: A Boeing 737

Boeing 737 makes emergency landing in Banjarmasin: A Boeing 737 carrying 108 people made an emergency landing at an airport at Banjarmasin, South Kalimantan, on Thursday after one of its two engines failed, an airline official said.

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.

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...

Malaysian syndicate uses new strategy to buy Indonesian babies

Malaysian syndicate uses new strategy to buy Indonesian babiesBambang Bider, The Jakarta Post, Pontianak Pregnant Indonesian women are being lured to Malaysia with promises of high-paying jobs, only to be kidnapped and their babies sold for adoption or worse.

TNI faces legal barriers to resolving Aceh problem

TNI faces legal barriers to resolving Aceh problem More than 600 people have been killed in Aceh this year alone and the government is considering the possibility of imposing a state of emergency in the province.

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.

Rinjani Trek Center to open

Rinjani Trek Center to open MATARAM, West Nusa Tenggara: Head of the province's tourism arts and culture, Tjok Suthendra Rai, said here on Thursday that the Governor of West Nusa Tenggara would inaugurate the Rinjani Trek Center located in Senaru village on the slopes of Mount Rinjani, West Lombok.

MPR committee wraps up constitutional amendment

MPR committee wraps up constitutional amendmentThe Jakarta Post, Jakarta The People's Consultative Assembly's ad hoc committee in charge of constitutional amendment (PAH I) endorsed on Thursday the final draft of changes to the 1945 Constitution and said it was ready to submit it to the MPR Annual...

Rupiah Rates July 25

Rupiah Rates July 25 JP/13/RupiahRupiah Rates July 25 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S. dollar 1 9,518.00 8,518.00 9,063.00 8,973.00Australian dollar 1 5,176.84 4,628.68 4,929.37 4,875.93 Brunei dollar 1 5,471.69 4,894.00 5,210.12 5,155.

Advertorial: PT Aneka Tambang

Advertorial: PT Aneka Tambang Publication: July 26 - Friday Antam's ongoing commitment to conduct profitable business the right way 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...

Women's GM Stefanova's might prevails

Women's GM Stefanova's might prevailsThe Jakarta Post, Jakarta Grand Master (GM) Antoaneta Stefanova of Bulgaria continued her domination of local players, with International Master (IM) Danny Juswanto being the latest victim in the sixth round of the Wismilak International Chess Tournament in...

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...

Megawati meets Abdurrahman, but enmity remains

Megawati meets Abdurrahman, but enmity remainsThe Jakarta Post, Jakarta Giving a false impression of reconciliation, President Megawati Soekarnoputri (second from right) shakes hands with former president Abdurrahman "Gus Dur" Wahid during the opening of the Nahdlatul Ulama (NU) national meeting at...

Vocational school not up to par

Vocational school not up to parDamar Harsanto, The Jakarta Post, Jakarta The Jakarta Chamber of Commerce and Industry (Kadin) revealed on Wednesday that many vocational school graduates fell short of what was required by the industrial sector as the curricula applied failed to keep pace with rapid...

Megawati's support of Sutiyoso irks public

Megawati's support of Sutiyoso irks public Victims of the July 27, 1996 attack on the Indonesian Democratic Party's headquarters plan to commemorate the tragedy at the site of the incident. They will also voice their outrage at the endorsement of Sutiyoso as gubernatorial candidate by President...

FOR GENERAL ISSUE - JULY 26

FOR GENERAL ISSUE - JULY 26;JP;HEN; ANPAf..r.. Coal-industry-outlookRikza Abdullah Contributor JakartaCoal industry grows robustly but still lacks fresh investment Indonesia is enjoying robust growth in its coal industry but it needs to be aware of the signals threatening its future development due...

Fall in gold production continues

Fall in gold production continuesSudibyo M. Wiradji, Contributor, Jakarta The falling trend in gold production in the country is showing signs of continuing due to a decline in new exploration activities.

Diarrhea claims 14 lives in Kupang

Diarrhea claims 14 lives in Kupang KUPANG, East Nusa Tenggara: An outbreak of diarrhea has blighted the East Nusa Tenggara village of Tanini over the last two months, leaving at least 14 people dead and dozens of others in a critical condition.

Megawati asks clerics to fight against fanaticism

Megawati asks clerics to fight against fanaticismFabiola Desy Unidjaja, The Jakarta Post, Jakarta President Megawati Soekarnoputri asked the Nahdlatul Ulama (NU) on Thursday to fight against the fanaticism in Islam that had given the religion its dark image.

Asiad hopeful fares below par at national event

Asiad hopeful fares below par at national eventMusthofid, The Jakarta Post, Jakarta National hammer thrower Yurita Aryani, the country's only track and field hopeful for the 2002 Asian Games, put in a dismal performance at the National Athletics Championship here on Thursday, raising questions...

Ministry seeks explanation of racist policy in Garut regency

Ministry seeks explanation of racist policy in Garut regencyThe Jakarta Post, Jakarta The central government has asked for a detailed explanation from Garut administration over its policy that has required the Chinese community in the regency to pay the debts of a businessman from that ethnic group.

President defends record

President defends recordFabiola Desy Unidjaja, The Jakarta Post, Jakarta President Megawati Soekarnoputri publicly defended her record after one year in office for the first time on Thursday, asserting that it was impossible to resolve the country's hardships quickly.

City sewerage project might not be realized

City sewerage project might not be realizedBambang Nurbianto, The Jakarta Post, Jakarta The planned construction of a sewage system in the city is in jeopardy because the administration and an investor have failed to reach agreement on the letter of intent (LoI), an official said.

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...

Don't hire disreputable lawyers, say attorneys

Don't hire disreputable lawyers, say attorneysTertiani ZB Simanjuntak and Berni K. Moestafa, The Jakarta Post, Jakarta Who contributes the most to the corruption of the judiciary in this country? Is it prosecutors, lawyers or judges?"All do, including the public and businesspeople who persist in...

TelkomNet users increase by 80%

TelkomNet users increase by 80% JAKARTA: State-owned telecommunications company PT Telkom announced on Thursday that the users of its Internet service provider (ISP) TelkomNet Instan increased by up to 80 percent in the first semester of this year.

Family attacked over 'false' rituals

Family attacked over 'false' rituals BOGOR: Hundreds of villagers in Cibungbulang, Leuwiliang district, Bogor regency, besieged the house of a resident on Wednesday and threatened to kill his entire family, who were accused of spreading heresies prejudicial to the Muslim religion.

ASEAN to break impasse on S. China Sea code of conduct

ASEAN to break impasse on S. China Sea code of conductMartin Abbugao, Agence France-Presse, Bandar Seri Begawan Southeast Asian foreign ministers want to break an impasse over a code of conduct for China and other rival claimants to South China Sea territories, a key military flashpoint in Asia,...

Government bans exports of Java fish

Government bans exports of Java fishNana Rukmana, The Jakarta Post, Bandung The spread of the herpes virus in ikan mas (carp) and koi fishponds across Java has forced the central government to ban exports of the fish.

Immediate steps urged against pedophilia

Immediate steps urged against pedophiliaI Wayan Juniartha, The Jakarta Post, Denpasar, Bali The public concern over pedophilia has increased of late on Bali, but local communities and social workers are running into difficulties in fighting the practice.

Advertorial: PT Aneka Tambang

Advertorial: PT Aneka Tambang Publication: July 26 - Friday Antam committed to good corporate governance 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.

Batu Bolong temple faces erosion

Batu Bolong temple faces erosion TABANAN, Bali: Batu Bolong Hindu temple in the coastal village of Beraban in Tabanan regency is dwindling in size due to coastal erosion, an official said.I Made Sulendra, the head of the temple's management, said here on Thursday that ocean waves were eating away...

Bridge champs go to HK event

Bridge champs go to HK event JAKARTA: The winning and runner-up pairs of the just-concluded National Bridge League (LBN) -- Wolter Karamoy/Ferdie Waluyan and Taufik Hasby/Robert Tobing, respectively -- will travel to Hong Kong to take part in the Celestial Intercity Bridge Championship.

Surabaya distributes free condoms

Surabaya distributes free condoms SURABAYA: The provincial family planning board here has distributed 100,000 free condoms to support the birth control program in the East Java capital city.Chief of the board Sugiri Sarief said on Wednesday the move followed last year's project in which 150,000...

Malaysia needs 555 RI doctors, dentists

Malaysia needs 555 RI doctors, dentists JAKARTA: Minister of Health Achmad Sujudi has said that Malaysia was planning to recruit 555 general practitioners, medical specialists and dentists from Indonesia to be posted in hospitals and clinics in Sabah, Serawak and Semenanjung states.

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...

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.

Govt repays bonds in cash

Govt repays bonds in cashDadan Wijaksana, The Jakarta Post, Jakarta The government said it had repaid in cash some Rp 3.9 trillion (US$431 million) worth of bank recapitalization bonds maturing on Thursday by using part of proceeds from the sale of assets under the Indonesian Bank Restructuring...

* Headlines: President asks clerics to fight against fanaticism 2

* Headlines: President asks clerics to fight against fanaticism 2 * National: NU seeks to reunite scattered members 4 * Archipelago: Govt bans exports of East Java fish 5 * Opinion: Hopes for sustainability at Johannesburg summit 7 * City: Agung admits to receiving Rp 1.

Poor welfare blamed on small budget

Poor welfare blamed on small budgetDebbie A. Lubis, The Jakarta Post, Jakarta The small budgetary allocation for health, education and social welfare expenditure was a major factor that rendered Indonesia one of the countries least successful in improving the welfare of its people, population...

Another shock

Another shock Only days after the Indonesian Corruption Watch (ICW) published its findings about organized corruption in our judicial system, the nation was shocked by the court's handling of House of Representatives Speaker Akbar Tandjung.

Telkomsel told to withdraw products

Telkomsel told to withdraw products JAKARTA: The South Jakarta District Court ordered telecommunications company PT Telkomsel on Thursday to pull all telephone cards and advertisements showing model Filiana Andalusia S. within three months.

Hopes for sustainable at Johannesburg summit

Hopes for sustainable at Johannesburg summitHira P. Jhamtani, Board Member National Consortium for Nature and Forest Conservation in Indonesia (KONPHALINDO), Jakarta A message of hope was in the title of Emil Salim's address as the Chairman of the Preparatory Committee (PrepCom) for the World...

NU seeks to reunite scattered members

NU seeks to reunite scattered membersMuhammad Nafik and Tiarma Siboro, The Jakarta Post, Jakarta Nahdlatul Ulama (NU), the nation's largest Muslim organization, opened on Thursday a national conference aimed at reuniting its fragmented politicians and ulemas scattered throughout different parties...

KPPU suffers another blow in Indomobil sale case

KPPU suffers another blow in Indomobil sale caseThe Jakarta Post, Jakarta The Central Jakarta District Court overturned the ruling of the Business Competition Supervisory Commission (KPPU) made against Deloitte Touche Tohmatsu (DTT) and PT Bhakti Asset Management for involvement in the high-profile...

Racist Indonesian fees

Racist Indonesian fees Since I first arrived in Indonesia more than 12 years ago, I have been very aware of the fact that westerners are regarded as 'walking ATMs' and at that time there were no ATMs in Indonesia.