Indonesian Political, Business & Finance News

Archive: 16 January 2003

67 articles found

1. Fajar15 -- Fuel and utility price hikes keep banks risk averse

1. Fajar15 -- Fuel and utility price hikes keep banks risk averse 2 X 23 Fuel, utility price hikes keep banks 'risk averse' Fajar Hidayat Financial Market Analyst Jakarta fajarhidayat@lycos.co.uk 2. Samsu -- How Indonesia could learn from Martin Luther King Jr.

Mega: When being right does not matter

Mega: When being right does not matterOng Hock Chuan, Technical Advisor, Maverick, Jakarta If there is any proof needed that leadership is a thankless task, we need look no further than the flak President Megawati Soekarnoputri's government is getting over its decision to withdraw subsidies on fuel...

Three Africans on trial for drugs

Three Africans on trial for drugsMulta Fidrus, The Jakarta Post, Tangerang After having sentenced to death a Dutch national who operated two ecstasy factories here, the Tangerang District Court tried on Wednesday three Africans charged with drug trafficking and illegal possession of 5.

(Caption for Spotlight column. Client: PT Unilever Indonesia Tbk)

(Caption for Spotlight column. Client: PT Unilever Indonesia Tbk)DENTAL CARE BY PEPSODENT FOR ELEMENTARY STUDENTS: Since 1995 Pepsodent has been providing advice on dental health to hundreds of thousands of elementary students in numerous cities in Indonesia to promote better dental care and reduce...

N. Sumatra's budget lacks transparency: Councillors

N. Sumatra's budget lacks transparency: CouncillorsApriadi Gunawan, The Jakarta Post, Medan, North Sumatra North Sumatra Governor T. Rizal Nurdin has formally submitted the province's draft budget for 2003, totaling Rp 1.16 trillion (US$130 million), a 19.

Bridge to be taught at selected schools

Bridge to be taught at selected schoolsMusthofid, The Jakarta Post, Jakarta Students at selected schools in Jakarta will have another extracurricular activity to choose from when a plan to introduce the game of bridge to a younger generation comes into effect soon.

TNI confesses involvement in rampant illegal logging

TNI confesses involvement in rampant illegal loggingMoch. N. Kurniawan, The Jakarta Post, Jakarta Indonesian Military (TNI) commander Gen. Endriartono Sutarto admitted on Wednesday the involvement of military personnel in rampant illegal logging across the archipelago, and vowed to take resolute...

Jakarta Stock Exchange ends lower, rupiah flat

Jakarta Stock Exchange ends lower, rupiah flatDow Jones, Jakarta Indonesian shares ended slightly lower Wednesday as further profit-taking in telecommunications blue chips pushed the main index lower, dealers said.

Fuel, utility price hikes keep banks `risk averse'

Fuel, utility price hikes keep banks `risk averse'Fajar Hidayat, Financial Market Analyst, Jakarta, fajarhidayat@lycos.co.uk The banking sector is a major player in the Indonesian financial market worth Rp 1.145 trillion with 91.6 percent of all shares.

Lack of awareness, unity renders unions impotent

Lack of awareness, unity renders unions impotentHera Diani and Maria Endah Hulupi, The Jakarta Post, Jakarta The number reaches 140 and they boast some 11 million members, but labor unions here remain unsuccessful as a powerful political force or even in their ability to fight for the interests of...

Where to go in Bali for Thursday, January 16, 2003

Where to go in Bali for Thursday, January 16, 2003 Exhibitions* Painting AIDA The Space in Between by Peter Dittmar, Gaya Fusion of Senses, Jl. Raya Sayan, Ubud (Tel. 0361 979253), until Feb. 15. * Photos: The Lover of Zeus by Polina Sirosh, Pala Restaurant, Jl. By Pass Ngurah Rai No.

Berlian sees revenue to grow 10%

Berlian sees revenue to grow 10% JAKARTA: Indonesian shipping company PT Berlian Laju Tanker, or BLT, said it expects its revenue to grow by at least 10 percents to around US$104.5 million this year as it plans to enlarge its fleet.

RI to seize control over its airspace

RI to seize control over its airspaceFabiola Desy Unidjaja, The Jakarta Post, Jakarta In a bid to take back full control of the country's airspace, the government plans to gradually take charge of the management of regional flight information, something that is currently partly undertaken by...

Threats to reform

Threats to reform The miserable failure of the government in preparing the people for the increases in fuel and utility prices, and in creating a social and political environment conducive to these painful measures, could affect its ability to make the additional reforms that are badly needed to...

City, PT Pusri to process trash

City, PT Pusri to process trash JAKARTA: Jakarta city administration will work in partnership with PT Pupuk Sriwijaya (Pusri) to process garbage into manure and other downstream products, such as recycled plastic bags and construction material.

Govt, House delay hike in phone rates

Govt, House delay hike in phone ratesKurniawan Hari and Ade Tiarma Siboro, The Jakarta Post, Jakarta The government and the House of Representatives have agreed to delay the increase in telephone rates indefinitely and pledged to reassess the fuel and electricity price hikes in an effort to contain...

* Headlines:Police mistakenly arrest Sultan's cousin2

* Headlines:Police mistakenly arrest Sultan's cousin2 * National:TNI confesses involvement in illegal logging4 * Archipelago:Rocks bury mine site, claiming four lives5 * Opinion:Mega: When being right does not matter7 * City: City recovery program funds too small: Council8 * Sports: Awesome Agassi...

CIFOR calls on govt to put off forest firm assets sales

CIFOR calls on govt to put off forest firm assets salesAgence France-Presse, Jakarta Foreign donors must ask the Indonesian Bank Restructuring Agency (IBRA) to delay the sale of forestry companies at cheap prices because it would only lead to further deforestation, an environmental group said...

Rocks bury mine site, claiming four lives

Rocks bury mine site, claiming four livesYuli Tri Suwarni, The Jakarta Post, Bandung, West Java Four miners were killed and three others injured after a dynamite blast was believed to have triggered a massive landslide near the West Java Capital of Bandung on Wednesday morning, witnesses and police...

House sales set to rise this year, say consultants

House sales set to rise this year, say consultantsThe Jakarta Post, Jakarta House sales in 2003 will grow relatively strongly at around 29 percent despite the recent utility price hikes, according to a property consultancy firm.

(Caption for Spotlight column. Client: PT Unilever Indonesia Tbk)

(Caption for Spotlight column. Client: PT Unilever Indonesia Tbk)DENTAL CARE BY PEPSODENT FOR ELEMENTARY STUDENTS: Since 1995 Pepsodent has been providing advice on dental health to hundreds of thousands of elementary students in numerous cities in Indonesia to promote better dental care and reduce...

Price hikes will curtail economic growth: LIPI

Price hikes will curtail economic growth: LIPISari P. Setiogi, The Jakarta Post, Jakarta The recent rises in utility prices will curtail economic growth by 0.17 percentage points, raise the inflation rate by 2.27 percentage points and reduce the growth of people's welfare by 0.

Asia agrees to work together to spread Internet use in region

Asia agrees to work together to spread Internet use in regionYuri Kageyama, Associate Press, Tokyo Representatives from Asian governments, businesses and grass- roots groups vowed to wipe out inequalities in Internet growth Wednesday, wrapping up a three-day meeting to hammer out a regional...

`TVRI' to air controversial play `Alia'

`TVRI' to air controversial play `Alia'Tiarma Siboro, The Jakarta Post, Jakarta State-owned television station TVRI has reversed itself and will air the controversial play Alia, Luka Serambi Mekah (Alia, Wounds on the Veranda of Mecca) on Jan. 19.

Six dead in crash on toll road

Six dead in crash on toll road BOGOR: Six people died instantly and seven other were injured after a funeral car collided with three Kijang vans on Jagorawi toll road near Cibinong in West Java on Tuesday.All the bodies were taken to the Bogor PMI hospital.

Taman Puring reopens but faces uncertain future

Taman Puring reopens but faces uncertain futureNovan Iman Santosa, The Jakarta Post, Jakarta Fans of secondhand items made their way back to Taman Puring flea market in South Jakarta on Wednesday, although the vendors and city administration are still unsure of its future.

Govt subsidy won't meet minimum health costs

Govt subsidy won't meet minimum health costsDebbie A. Lubis, The Jakarta Post, Jakarta The government said on Wednesday it could not afford to pay for free health services for the country's poor despite almost doubling the amount of money in a special health fund.

BP gas contract must be reviewed, says minister

BP gas contract must be reviewed, says ministerThe Jakarta Post, Jakarta Minister of Energy and Mineral Resources Purnomo Yusgiantoro said on Tuesday that the government planned to review gas supply contracts with BP Indonesia for the Pagerungan gas field in Madura Island, reported Antara.

Telkom has lots to answer for

Telkom has lots to answer forFrom RepublikaState-owned telephone company Telkom's subscribers have to pay extra charges for the services that should be free. In order to obtain detailed call records (intagjastel), for instance, one must pay an extra Rp 1,500 per sheet.

`Government lacks leadership to end religious conflicts'

`Government lacks leadership to end religious conflicts'Jupriadi, The Jakarta Post, Makassar, South Sulawesi Around 400 religious leaders began a two-day national meeting here on Wednesday with participants levying strong criticism against the government for its failure to bring a complete end to...

4 x 11

4 x 11 Rocks bury mine site, claiming four lives JP/5/sumut2 x 25 N. Sumatra's budget lacks transparency: Councillors JP/5/unhcr2 x 25 Resettlement project to commence in West Sumba JP/5/DIPHTHERIA2 x 19 Diphtheria outbreak kills nine children

2. Kiki2 -- Bali Blast: Another Investigator's Analysis

2. Kiki2 -- Bali Blast: Another Investigator's Analysis 1 X 35 Bali blast: Another investigator's analysis Part 2 of 2By Hermawan Sulistyo3. Dawn -- (No head) 1 X 30 Approach to India-Pakistan peace Naeem Sadiq Dawn Asia News Network Karachi

Bengkulu to host tourism meeting

Bengkulu to host tourism meetingBENGKULU, Bengkulu: Bengkulu hopes to boost tourism to the province ahead of acting as host of a tourism meeting of the Indonesia-Malaysia-Thailand economic growth triangle later this year.

Judges told to accept regional posts or quit

Judges told to accept regional posts or quitThe Jakarta Post, Jakarta Judges who refuse assignments to remote or conflict-prone regions had better quit their jobs rather than deny the administration of justice at those locations, Chief Justice Bagir Manan said on Wednesday.

Minister Rini declares war on smugglers to save industries

Minister Rini declares war on smugglers to save industriesDadan Wijaksana, The Jakarta Post, Jakarta Minister of Industry and Trade Rini Soewandi warned on Wednesday that smuggled goods coming into the country had risen so dramatically that it created serious problems for the domestic economy and...

Resettlement project to commence in West Sumba

Resettlement project to commence in West SumbaKurniawan Hari, The Jakarta Post, Jakarta The United Nations High Commissioner for Refugees (UNHCR), in cooperation with the government, will resettle an estimated 30,000 East Timorese refugees who have decided to stay in Indonesia and not return home.

;JP;dan;

;JP;dan; ANPAf..r.. Rupiah-conversion-ratesRupiah Rates Jan. 15 JP/13/ConverRupiah Rates Jan. 15 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp Australian dollar 1 5,499.48 4,908.00 5,231.67 5,175.58Brunei dollar 1 5,405.53 4,825.48 5,142.30 5,088.56Canadian dollar 1 6,075.

Kalimantan rejects Madurese migrants: Officials

Kalimantan rejects Madurese migrants: OfficialsYuliansyah The Jakarta Post Banjarmasin, South KalimantanTraumatized by past ethnic killings, indigenous Dayak residents in Kalimantan provinces have rejected the resettlement of Madurese people in Kalimantan under the government's transmigration...

Caption for Spotlight column (Client: Hotel Borobudur Jakarta)

Caption for Spotlight column (Client: Hotel Borobudur Jakarta)F4 AT HOTEL BOROBUDUR JAKARTA: The Hotel Borobudur Jakarta was honored to host the world renowned Taiwanese music group F4 from January 8 to January 12. The General Manager of the Hotel Borobudur Jakarta, Poul E.

At least 21 people have been sentenced to death in drug cases

At least 21 people have been sentenced to death in drug cases since the government implemented Laws No. 22/1997 on narcotics and 5/1997 on psychotropic substances, yet drug abuse continues unabated here.

Three more suspects arrested with links to Bali bombing

Three more suspects arrested with links to Bali bombingWahyoe Boediwardhana, The Jakarta Post, Denpasar, Bali The police have arrested three people who allegedly aided and abetted Ali Imron, a main suspect in the Oct.

Students besiege Presidential Palace in protest against utility price hikes

Students besiege Presidential Palace in protest against utility price hikesBerni K. Mustafa, The Jakarta Post, Jakarta Thousands of students besieged the presidential palace on Wednesday in the biggest protest against the utility price hikes that the capital has seen so far, as they exerted more...

Fire razes home, family killed

Fire razes home, family killed JAKARTA: A family of four died early on Wednesday morning when a fire razed their house in Bekasi, West Java, Antara reported.The victims were identified as Cang Kim Him, his wife Tuang Muk Ha and their daughters, two-year-old Beby Pangesti and five- month-old Lia.

How Indonesians could learn from Martin Luther King, Jr.

How Indonesians could learn from Martin Luther King, Jr.Samsudin Berlian, Graduate Student, Princeton Theological Seminary, New Jersey Indonesian people could learn much from King in dealing with racial injustice. First, they could learn to recognize the problems and talk about them openly.

Sharia not that impossible

Sharia not that impossible I refer to the interview in The Jakarta Post dated Jan. 4, 2003 titled The enforcement of sharia: Impossible, unviable in which the paper interviewed Abdullahi Ahmed An'naim, Professor of Law at Emory University, United States.

Three-car pileup claims 15 lives

Three-car pileup claims 15 livesNana Rukmana and Theresia Sufa, The Jakarta Post, Indramayu/Bogor A multiple accident involving three vehicles on the north coast road in Pilangsari village on the outskirts of the West Java town of Indramayu killed nine people, four of them instantly, on Tuesday...

VP backs judicial review on new law

VP backs judicial review on new law JAKARTA: Vice President Hamzah Haz expressed on Wednesday his support for the Public Servants' Wealth Audit Commission (KPKPN) in its effort to seek a Supreme Court judicial review of the new Law on the Corruption Eradication Commission (KPTPK).

City recovery program funds too small, say councillors

City recovery program funds too small, say councillorsAhmad Junaidi, The Jakarta Post, Jakarta The allocation of Rp 456.59 billion for the economic sector in the 2003 draft city budget was too small and would not help to revive the Jakarta economy, councillors said on Wednesday.

Bali blast: Another investigator's analysis

Bali blast: Another investigator's analysisHermawan Sulistyo, Researcher and Investigator, Conflict and Peace Research Network (CONCERN-324) How did the police find Amrozi? It is not a fictitious short story.

Bali needs a new green revolution

Bali needs a new green revolutionRita A. Widiadana, The Jakarta Post, Denpasar, Bali With tourism in Bali at its lowest point in decades, the government and the people are now making efforts to return to their roots, literally.Last Sunday on Jan.

Electricity theft is rampant in the country and,

Electricity theft is rampant in the country and, unfortunately, the theft is reportedly acknowledged by the state- owned electricity company (PLN). Therefore, it is not easy to stop such a crime.It is not surprising to hear that PLN suffers an 11 percent loss in its annual revenue due to...

SBI rate down to 12.84%

SBI rate down to 12.84%JAKARTA: The central bank said Wednesday that its one-month Bank Indonesia SBI promissory notes yielded 12.84 percent at its weekly auction, slightly down from 12.89 percent last week.

The water saga

The water saga My wife and I are devastated by the handling of PT Thames Pam Jaya (TPJ) of our case.For five years our monthly payment had been below Rp 400,000. In May 2002 we received a bill for Rp 1,104,100, then in June 2002 we received a bill of Rp 983,500.

Jonathan relishes coaching role

Jonathan relishes coaching roleMusthofid, The Jakarta Post, Jakarta Indonesian gymnastics star Jonathan Sianturi, who says he wants to resign as an athlete in 2004, now has double duties as a player and a coach.

Contacting unions by phone no easy task

Contacting unions by phone no easy taskHera Diani and I Wayan Juniartha, The Jakarta Post, Jakarta Who would have thought that finding the details about local labor unions could be such a headache?The Ministry of Manpower and Transmigration is kind enough to put the list of 40 unions, complete with...

People smuggler deportation delayed

People smuggler deportation delayed JAKARTA: An Egyptian man accused of organizing a voyage from Indonesia to Australia during which hundreds of asylum seekers drowned must be investigated for immigration offenses before he can be deported, an Indonesian official said on Wednesday.

'Drug dealers are untouchable'

'Drug dealers are untouchable' At least 21 people have been sentenced to death in drug cases since the government implemented Laws No. 22/1997 on narcotics and 5/1997 on psychotropic substances, yet drug abuse continues unabated here.

Catur villagers, supporters of forest conservation

Catur villagers, supporters of forest conservationW. Sumadi, Contributor, Bangli, Bali Last week, a number of residents of the Desa Adat Catur customary village walked barefooted into the misty forest near the famed Kintamani resort in Bangly regency, some 70 kilometers north of the Bali provincial...

Oil prices rally after Bush beats war drums

Oil prices rally after Bush beats war drumsAgence France-Presse London Oil prices held above US$30 a barrel here on Wednesday amid mounting alarm at the prospect of a war in Iraq which markets fear could severely disrupt vital supplies from the key Gulf region.

Police mistakenly arrest Sultan's cousin

Police mistakenly arrest Sultan's cousinThe Jakarta Post, Jakarta In their desperate hunt for Hambali, the country's number one terror suspect, the police mistakenly arrested a man who they thought was the Jamaah Islamiyah (JI) leader.

;JP;ONG;

;JP;ONG; ANPAk..r.. Megawati-President When right is anything but might JP/7/ONG Mega: When being right does not matter

Star panda leaves China for 'marriage'

Star panda leaves China for 'marriage' BEIJING: A male giant panda that starred in a popular television documentary has left southwestern China for a "marriage" to a female panda at San Diego Zoo, state media said on Wednesday.

Diphtheria outbreak kills nine children

Diphtheria outbreak kills nine childrenYuliansyah, The Jakarta Post, Banjarmasin, South Kalimantan Health officials in the South Kalimantan regency of Banjar have advised residents of Aluh-aluh district to curb outdoor activities following an outbreak of diphtheria that has killed nine children...

RI, RP to meet over border

RI, RP to meet over border JAKARTA: Indonesia and the Philippines are slated to hold border talks next months to resolve a number of outstanding issues, especially the maritime border between the two countries.

RI professionals `not ready for competition'

RI professionals `not ready for competition'Rendi A. Witular, The Jakarta Post, Jakarta The government should not open the country's labor market to foreign professionals and managers because locals are not ready to compete with foreigners, analysts have said.

Labor movement long involved in politics

Labor movement long involved in politicsMaria Endah Hulupi and I Wayan Juniartha, The Jakarta Post Beginning with sugar cane plantation workers' strikes in 1842, Indonesia's labor movement grew strong and later merged with various political movements in the country.

Caption for Spotlight column (Client: Hotel Borobudur Jakarta)

Caption for Spotlight column (Client: Hotel Borobudur Jakarta)F4 AT HOTEL BOROBUDUR JAKARTA: The Hotel Borobudur Jakarta was honored to host the world renowned Taiwanese music group F4 from January 8 to January 12. The General Manager of the Hotel Borobudur Jakarta, Poul E.