Indonesian Political, Business & Finance News

Archive: 30 January 2003

81 articles found

Stock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 29, 2003:

Stock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 29, 2003: ------------------------------------------------------------ Shares Close Change Trading Volume ------------------------------------------------------------ Abdi Bangsa Tbk 275 0 0 Ades Alfindo Tbk 575 -25 20,000 Adindo...

Chinese-Balinese expect Year of the Goat to bring prosperity

Chinese-Balinese expect Year of the Goat to bring prosperityThe Jakarta Post, Denpasar, Bali On Jan. 26, the Chinese community in the predominantly Hindu Bali began a week-long celebration for the Chinese New Year, known here as Imlek, to welcome the Year of the Goat.

Megawati envoy to visit Pyongyang

Megawati envoy to visit Pyongyang JAKARTA: President Megawati Soekarnoputri special envoy to North Korea Nana Sutresna is slated to visit Pyongyang on Feb. 8 to find ways to support a peaceful settlement on the Korean Peninsula."Indonesia was asked to help Pyongyang settle the issue.

Unocal farms in to Donggala PSC

Unocal farms in to Donggala PSC JAKARTA: Unocal Corporation said Tuesday its Unocal Donggala Limited subsidiary has reached agreement to farm in to the deepwater Donggala production-sharing contract (PSC) area offshore East Kalimantan, Indonesia.Unocal Donggala will acquire a 19.

Riau govt criticized for spending Rp 4b for journalists

Riau govt criticized for spending Rp 4b for journalistsHaidir Anwar Tanjung, The Jakarta Post, Pekanbaru, Riau The Riau administration spent at least Rp 4 billion of the province's 2002 budget in "fund assistance" for local journalists and their media organizations, a move that raised a number of...

Muis denies prior knowledge of riot

Muis denies prior knowledge of riot JAKARTA: An Army general accused of failing to prevent riots in East Timor in 1999 denied on Wednesday that he had prior knowledge of the Sept. 9 riots in Dili.Former East Timor military commander Brig. Gen.

Ba'asyir faces suspect status

Ba'asyir faces suspect statusWahyoe Boediwardhana, The Jakarta Post, Jakarta Police officially declared on Wednesday that the alleged spiritual leader of Jamaah Islamiyah (JI) Abubakar Ba'asyir was involved in the Oct. 12 Bali bombing and may soon be named a suspect.

1. Budget - 4x12

1. Budget - 4x12 Postpone budget approval: Activists 2. Cipinang - 2x 25Riverbank residents can be environmentally friendly3. Corrupt - 2x20 Alleged corruptor released from jail 4. Busway - 2x 25Demands rise for review of controversial busway project 5.

More regions could mean less public service

More regions could mean less public serviceBerni K. Moestafa, The Jakarta Post, Jakarta The creation of new regencies and municipalities has increased concerns over deteriorating public services in regions across the country, as more local governments claim a share of the limited state budget,...

2004 elections add to forestry woes

2004 elections add to forestry woesRendi A. Witular, The Jakarta Post, Jakarta Illegal logging is set to intensify this year as political parties race to raise funds, even from illegal logging, to finance their campaigns ahead of the 2004 general elections, a senior government official warned on...

TV Program: Thursday, January 30, 2003

TV Program: Thursday, January 30, 2003 .TB.30" .90"TVRI5:03 a.m.Religious Teachings6:00 News: Berita Pagi7:30 Sports Feature8:00 DRTV Indonesia8:30 Talk Show: RT / RW 9:00 TV Drama: Janji Cinta9:30 TV Drama: Aku Dan Kau10:30 Entertainment11:00 News: Berita Daerah11:30 Music: Konteswara12:00 p.m.

1. IMLEK: 1 LINE, 38 COUNTS

1. IMLEK: 1 LINE, 38 COUNTS Bali cheerful with coming Chinese New Year 2. LAWAH: 1 LINE, 35 COUNTS Sacred cave of the bats big on mystery

Demand for luxury condominiums to soar in 2003

Demand for luxury condominiums to soar in 2003Sari P. Setiogi The Jakarta Post Jakarta The supplies of luxury condominiums for the middle and upper- end of the market in Jakarta will remain flat this year, while demand for them is likely to soar.Willyanto J.

A country without soul

A country without soul We are in moral crisis, said Nahdlatul Ulama chairman Hasyim Muzadi. The analogy was, he said, if a state's system and its pillars collapsed once, them its (the state's) morale was broken.Everything would lose it substance, and the state would no longer exist.

British princess visits Bangkok

British princess visits Bangkok THAILAND: Britain's Princess Alexandra and her husband Sir Angus Ogilvy arrived in Bangkok on Wednesday for a six-day visit as private guests of Thailand's King Bhumibol Adulyadej and Queen Sirikit.

Added-value services help banks keep customers

Added-value services help banks keep customersI. Christianto, Contributor, Jakarta People have different reasons for choosing a bank. Some might choose a certain bank because of its strategic location, while others may pick a bank that has an extensive ATM network or an Internet banking service.

TV Program: Thursday, January 30, 2003

TV Program: Thursday, January 30, 2003 .TB.30" .90"TVRI5:03 a.m.Religious Teachings6:00 News: Berita Pagi7:30 Sports Feature8:00 DRTV Indonesia8:30 Talk Show: RT / RW 9:00 TV Drama: Janji Cinta9:30 TV Drama: Aku Dan Kau10:30 Entertainment11:00 News: Berita Daerah11:30 Music: Konteswara12:00 p.m.

'Quiz on Melodies'

'Quiz on Melodies' I am a fan of Metro TV as its programs are excellent, be it news, commentaries or entertainment.One of the programs I enjoy watching is Berpacu Dalam Melody (Quiz on Melodies), which is aired on Sunday evenings.

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==================================================(Caption for spotlight column. Client: PT Ford Motor Indonesia) FORD MOTOR INDONESIA ENVIRONMENTAL GRANT AWARD ANNOUNCEMENT: PT FORD MOTOR INDONESIA recently announced the five recipients for its grants for the conservation and environmental program.

Out-of-pocket, under the table: RI brand of justice

Out-of-pocket, under the table: RI brand of justiceTiarma Siboro, The Jakarta Post, Jakarta The country's corrupt judiciary has cost justice seekers or practitioners not only a lot of money but the right and opportunity to win a case.

Poverty to double Indonesia's population: BKKBN

Poverty to double Indonesia's population: BKKBNDebbie A. Lubis, The Jakarta Post, Jakarta The National Family Planning Board (BKKBN) warned on Wednesday the country's population would double within 50 years or earlier if the family planning program were neglected.

Differences over election system delay bill approval

Differences over election system delay bill approvalThe Jakarta Post, Jakarta Despite the unanimous agreement among all factions of the House of Representatives to adopt the open-list, or directly proportional, system of general elections, major factions still have their own version of the system...

* Headlines: Ba'asyir faces suspect status 2

* Headlines: Ba'asyir faces suspect status 2 * National:RI workers still safe in Mideast: Govt 4 * Archipelago: Flash floods extend in Riau 5 * Opinion: An urgent agenda for local human development7 * City:Postpone city budget approval, NGOs demand 8 * Sports: Angie reserves appointment with Dokic...

Police name another suspect in robbery

Police name another suspect in robbery JAKARTA: The police named on Wednesday another suspect in the robbery on Monday that resulted in the death of Wisnani Safitri, 52, wife of the secretary-general to the finance minister.Police spokesman Sr. Comr.

RI asks U.S. to exercise sefl-restraint on Iraq

RI asks U.S. to exercise sefl-restraint on IraqFabiola Desy Unidjaja and Kurniawan Hari, The Jakarta Post, Jakarta The Indonesian government reiterated on Wednesday its position on the Iraq crisis and called on the United States to exercise self- restraint and review any plans to launch a...

Minivan passengers beat pickpocket

Minivan passengers beat pickpocket JAKARTA: Pickpockets employ numerous tricks to distract their victims, including feigning illness on public transportation vehicles.But when Kiki Adriansyah and an accomplice allegedly attempted this trick on a public minivan plying the Bekasi-Kaliabang route on...

TPL to resume operations soon

TPL to resume operations soonTiarma Siboro, The Jakarta Post, Jakarta Despite increasing protests from non-governmental organizations and locals, pulp mill PT Toba Pulp Lestari (TPL), the new name for PT Inti Indorayon Utama, will go ahead with its plan to resume operations in the next two months...

Govt, House plan bill on border areas

Govt, House plan bill on border areasFabiola Desy Unidjaja, The Jakarta Post, Jakarta Fearing that Indonesia might lose another island to neighboring countries, the government and House of Representatives (DPR) agreed on Wednesday to discuss a bill on the definitive demarcation of the country's...

Postpone city budget approval, NGOs demand

Postpone city budget approval, NGOs demandAhmad Junaidi, The Jakarta Post, Jakarta Five non-governmental organizations (NGOs) visited the City Council on Wednesday, demanding the postponement of approval of the 2003 city budget due to its lack of clarity over fund allocation and scope for...

On utility price hikes

On utility price hikesFrom Bisnis IndonesiaIn response to the recent price hikes which the government argues would remove price disparity, I would like to give the following comments and suggestions:Price disparity will lead to speculative practices, smuggling and corruption, making the...

Deal with power producers

Deal with power producers The government's success in lowering the price that the state electricity company PT PLN is paying and will pay to 20 independent power producers (IPPs) will go a long way in reducing the company's financial burden and, at the same time, spur power investments while...

Electoral system must be inclusive, fair: Cetro

Electoral system must be inclusive, fair: Cetro The acceptance of a more democratic electoral system by major parties Golkar and the Indonesian Democratic Party of Struggle (PDI Perjuangan), during the ongoing deliberation of the elections bill, must be observed with more caution, says Hadar N.

Rastika, a stranger in his own land

Rastika, a stranger in his own landYusuf Susilo Hartono, Contributor, Jakarta Rastika, a well-known name in glass painting from Cirebon, West Java, is a stranger in his own land -- as far as his artwork is concerned.

JSX expects 40 firms to launch IPOs

JSX expects 40 firms to launch IPOs Around 40 Indonesian companies are expected to sell shares through initial public offerings this year, up from 23 last year, an official with the Jakarta Stock Exchange, or JSX, said Wednesday.

RP wants exiled rebels to face charges

RP wants exiled rebels to face charges PHILIPPINES: The Philippine government is studying how to seek the return from the Netherlands of an exiled communist leader on murder charges in the absence of an extradition treaty, an official said on Wednesday.

Hong Kong employer fined for underpaying Indonesian maid:

Hong Kong employer fined for underpaying Indonesian maid: A Hong Kong woman was on Wednesday fined for paying her Indonesian domestic helper well under the government's prescribed minimum wage. The Tuen Mun Magistracy fined the employer HK$22,000 (US$2,824) for committing offenses under the...

BHP Billiton oil and gas output down

BHP Billiton oil and gas output down SYDNEY: Anglo-Australian resources giant BHP Billiton posted mixed second-quarter production results Wednesday, with falls in oil and gas output offset by strong growth in iron ore production.

Prostitution is big biz in NTT

Prostitution is big biz in NTT ATAMBUA, East Nusa Tenggara: The security officers should take stern measures to curb rampant prostitution in border areas of Indonesia and East Timor in Belu regency, East Nusa Tenggara (NTT), said a councillor.

Russia to reactivate consulate in Surabaya

Russia to reactivate consulate in Surabaya SURABAYA, East Java: Russian Ambassador to Indonesia Vladimir Y. Plotnikov said he would focus on reopening the consulate office in Surabaya, East Java province to maintain good cooperation with the province.

Stock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 29, 2003:

Stock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 29, 2003: ------------------------------------------------------------ Shares Close Change Trading Volume ------------------------------------------------------------ Abdi Bangsa Tbk 275 0 0 Ades Alfindo Tbk 575 -25 20,000 Adindo...

JP/3/DISCO30

JP/3/DISCO30Election system must aim for inclusiveness, accountabilityThe acceptance of a more democratic electoral system by major parties Golkar and the Indonesian Democratic Party of Struggle (PDI Perjuangan), during the ongoing deliberation of the elections bill, must be observed with more...

The government has declared Chinese New Year, or Imlek, which

The government has declared Chinese New Year, or Imlek, which falls on Saturday, a public holiday. The Chinese community are happy as they feel that their existence has at last been recognized. Yet, many still experience discrimination. Some of them related their experiences to The Jakarta Post.

Ambigous law separates criticism from insult

Ambigous law separates criticism from insultBerni K. Moestafa, The Jakarta Post, Jakarta Students and activists charged with insulting President Megawati Soekarnoputri might have fallen victim to the law's vague language, separating criticism from insult, legal experts said.

'The Chinese are still discriminated against'

'The Chinese are still discriminated against' The government has declared Chinese New Year, or Imlek, which falls on Saturday, a public holiday. The Chinese community are happy as they feel that their existence has at last been recognized. Yet, many still experience discrimination.

Flood sweeps through two regencies in Riau

Flood sweeps through two regencies in RiauHaidir Anwar Tanjung, The Jakarta Post, Pekanbaru, Riau The sporadic flooding in Riau over the last several weeks has begun to sweep through Indragiri Hulu and Pelalawan, two large regencies in the province, displacing more than 20,000 people and paralyzing...

Rupiah Rates Jan. 29

Rupiah Rates Jan. 29 JP/13/ConverRupiah Rates Jan. 29 Bank notes rates TT rates Selling Buying Selling Buying Australian dollar 1 5,509.17 4,914.91 5,240.09 5,183.76 Brunei dollar 1 5,396.53 4,815.71 5,132.95 5,079.15 Canadian dollar 1 6,117.15 5,458.36 5,818.37 5,756.94 Swiss franc 1 6,913.

Banking industry improves, but can't propel economy

Banking industry improves, but can't propel economyRikza Abdullah, Contributor, Jakarta Indonesia's banking industry has shown improvement but it remains weak in its ability to fuel real economic growth in the country.

Govt claims illegal logging lower

Govt claims illegal logging lower JAKARTA: The government claimed on Wednesday that illegal logging activities in the country's conservation areas had declined in 2002.Widodo S. Ramono, Director of Natural Conservation Areas at the Ministry of Forestry said three national parks, Tanjung Puting in...

Demand for luxury condos to soar

Demand for luxury condos to soarSari P. Setiogi, The Jakarta Post, Jakarta The supplies of luxury condominiums for the middle and upper- end of the market in Jakarta will remain flat this year, while demand for them is likely to soar.Willyanto J.

How do we choose a bank in more objective approach?

How do we choose a bank in more objective approach?Elvyn G. Masassya, Banking analyst, Jakarta Most of us, in one way or another, frequently make use of the various services provided by a bank: time deposits, savings and current accounts and money transfers, just to name a few.

Demands rise for review of controversial busway project

Demands rise for review of controversial busway projectDamar Harsanto, The Jakarta Post, Jakarta The city administration remains at a loss as to when to start the controversial busway system, while criticism demanding a review of the project has increased.

An urgent agenda for local human development

An urgent agenda for local human developmentS.A. Chowdhury, Principal Sector Specialist, Asian Development Bank, Jakarta Adam Smith once wrote, "No one needs be bankrupt by investing in human beings."All over the present day world it is recognized that the educational achievement and economic...

Maiden flight of new local airline

Maiden flight of new local airlineApriadi Gunawan, The Jakarta Post, Medan North Sumatra Governor T. Rizal Nurdin inaugurated on Wednesday the maiden commercial flight of Sutera I Airlines from Medan, capital of North Sumatra, to Sibolga in a bid to connect the province's more isolated areas.

Hotel room rates up by 5-15 percents

Hotel room rates up by 5-15 percents JAKARTA: Jakarta's hotels have increased room rates by up to 15 percent, following the government's decision to increase fuel prices, electricity rates and the regional minimum wage.

Legislators undecided on three issues

Legislators undecided on three issuesThe Jakarta Post, Jakarta Under pressure of time constraints, a number of legislators and government officials are holding closed-door meetings at Hotel Horison in Ancol, North Jakarta, to resolve a number of contentious issues regarding the general election...

Govt 'finds' Rp 21.6 trillion at BI

Govt 'finds' Rp 21.6 trillion at BIDadan Wijaksana, The Jakarta Post, Jakarta The government unveiled on Wednesday that it was holding some Rp 21.6 trillion (about US$2.4 billion) in cash stashed away in the investment fund account (RDI), part of which is to be used to help finance the 2003 state...

1. Discourse (95)- 48 pts BB l/c 7cols 1line (1x38)

1. Discourse (95)- 48 pts BB l/c 7cols 1line (1x38) Electoral system must be inclusive, fair: Cetro 2. Ancol (60) - 36 pts BBl/c 4cols 1lines (1x24) Legislators still undecided over bill 3. Border (42) - 36 pts BB l/c 4cols 1line (1x24) Govt, House plan bill on border areas 4.

Muslim students blockade McDonald's

Muslim students blockade McDonald's PEKANBARU, Riau: A number of students from the Riau chapter of the Indonesian Muslim Students Action Front (KAMMI) sealed off and closed down a McDonald's restaurant on Wednesday in their protest of what they perceived as the United States' "intervention" in...

Govt must push regions to drop bad policies

Govt must push regions to drop bad policiesA'an Suryana, The Jakarta Post, Jakarta The central government is not doing enough to resolve the poor investment climate in provinces and districts, according to Regional Autonomy Watch (KPPOD).

1. banjir: 26 x 1 line

1. banjir: 26 x 1 lineFlash floods extend in Riau2. APBD: 30 x 1 lineRp 4b aid for journalists questioned3. TPL: 26 x 1 lineTPL to resume operations soon4. Sutera: 16 x 2 linesLocal airline makes maiden flight

Where to go in Bali for Thursday, January 30, 2003

Where to go in Bali for Thursday, January 30, 2003Exhibitions* Photo, The Greatest Love For All, by five Bali's leading Photographes, Agus Pande, Murdani Usman, Toto Parwatha, Rama Surya, Ulung Wicaksono, at Center Stage, Hard Rock Hotel Bali, 7 a.m. to 12 a.m. until Feb. 14, Contact: Deddy (Tel.

Goa Lawah Temple offers mystery, serenity

Goa Lawah Temple offers mystery, serenityTri Vivi Suryani, Contributor, Klungkung, Bali Goa Lawah is certainly not Batman's cave or a dwelling for vampires as depicted in fiction novels, although the millions of bats (Eonnycentris spelacea) certainly give that appearance.

Tangerang court agrees to alleged corruptor's plea

Tangerang court agrees to alleged corruptor's plea TANGERANG: The Tangerang District Court agreed Wednesday to place a defendant in a Rp 5.8 billion corruption case under house arrest, despite the fact that he has been running from the law for two years.

20 killed, dozens missing in Garut landslides

20 killed, dozens missing in Garut landslidesYuli Sri Wahyuni, The Jakarta Post, Garut, West Java At least 20 people have been killed, and dozens of others are missing and feared dead after landslides triggered by torrential rains swept through three villages in the West Java town of Garut,...

JP/9/Score

JP/9/ScoreTennisUS$1.3 million Pan Pacific Open (x denotes seeds) Singles first round Angelique Widjaja (Ina) bt Jeon Mi-Ra (Kor) 6-3, 6-3 Lisa Raymond (USA) bt Paola Suarez (Arg) 6-1, 4-6, 7-5 Iva Majoli (Cro) bt Alexandra Stevenson (USA) 6-3, 6-3 Elena Bovina (Rus) bt Anna Pistolesi (Isr x7) 6-2,...

Bush's speech broadcast in Indonesia

Bush's speech broadcast in Indonesia Many Indonesians were able to follow President George W. Bush's state of the union address on Tuesday morning thanks to a simultaneous translation into Bahasa Indonesia courtesy of the U.S. Congress in Washington.The U.S.

Crimes in Jakarta

Crimes in Jakarta It was not so much because she was a wife of a high-ranking government official, but the fact that she was killed in a very tragic and brutal manner. Wisnani Safitri was slashed in the neck to death by a man who robbed her of her bag containing cash after she had just withdrawn it...

ASEAN needs to strengthen ties to lure investments

ASEAN needs to strengthen ties to lure investmentsFadli and Arya Abhiseka, The Jakarta Post, Jakarta The Association of South East Asian Nations (ASEAN) needs to strengthen cooperation among members to offer an attractive business environment for investors, a Singapore minister says.

RI threatens to cut ties with Vanuatu over Papua

RI threatens to cut ties with Vanuatu over Papua Indonesia has threatened to sever diplomatic relations with Vanuatu over the Pacific nation's support for separatist rebels in Papua province, the state news agency Antara reported on Wednesday.

RI workers still safe in Mideast, says govt

RI workers still safe in Mideast, says govtThe Jakarta Post, Jakarta As many as 1.5 million workers employed in Middle Eastern countries should remain safe should the United States and its allies lauch an attack on Iraq as Indonesia, besides preparing a contingency plan, has gained assurances on...

Floods are menacing

Floods are menacing In early February last year, heavy rain submerged many parts of the capital, including areas that had never before been touched by flood waters. The flooding claimed many lives and crippled the capital for days.

DHL clarifies

DHL clarifies I refer to your article titled RI professionals not ready for competition published in The Jakarta Post on Jan. 16, 2003.While your reporter brings up a valid point, we need to be aware that good quality Indonesian professionals do exist.

Foreign debt repayment to reach $18.5b in 2003: BI

Foreign debt repayment to reach $18.5b in 2003: BIDow Jones, Jakarta Indonesia foreign debt repayments this year are forecast to total US$18.5 billion, according to central bank statistics obtained by Dow Jones Newswires Wednesday.The private sector will repay about $12.

Southeast Asia to remain competitive in manufacturing: Singapore

Southeast Asia to remain competitive in manufacturing: Singapore Agence France-Presse, Singapore Southeast Asia will remain competitive as a manufacturing base despite the rapid growth of industries in China, Singapore Trade Minister George Yeo said Wednesday.

Discourse on Islam needs more participants

Discourse on Islam needs more participantsEva K. Sundari, Lecturer, School of Economics Researcher, Center for Women Studies, Airlangga University, Surabaya The registration requirement for Indonesian citizens living in the United States hurts this nation's dignity.

Govt assures water still free for daily needs

Govt assures water still free for daily needsMoch. N. Kurniawan, The Jakarta Post, Jakarta The government assured on Wednesday that the public would not have to pay for river water used for daily needs such as bathing, washing clothes, cleaning and cooking, and that water used for farming and fish...

SilkAir to suspend Makassar flights

SilkAir to suspend Makassar flights SINGAPORE: Singapore Airlines (SIA) said in a statement Wednesday its regional wing SilkAir will suspend its weekly flights to the South Sulawesi capital of Makassar from March 26.

Bishop of Dili calls for independent control of Timor Sea oil

Bishop of Dili calls for independent control of Timor Sea oilAgence France-Presse, Lisbon The Bishop of Dili called Wednesday for the creation of an independent body to oversee the exploitation of Timor Sea oil reserves, the Portuguese news agency Lusa reported.

Riverbank residents can be environtmentally friendly

Riverbank residents can be environtmentally friendlyEvi Mariani, The Jakarta Post, Jakarta Residents of Penas Tanggul, a poor area along the banks of the Cipinang River in East Jakarta, are proving themselves to be environmentally friendly, in the process refuting charges that they are a major...

RI, Singapore discuss water supply

RI, Singapore discuss water supply JAKARTA: The governments of Indonesian and Singapore have intensified talks on a plan to export water from Riau to the city state.Director General of Water Resources at the Ministry of Resettlement and Regional Infrastructure Roestam Sjarief said on Wednesday the...

Kemal accentuates humanity through the lens

Kemal accentuates humanity through the lensSimon Howland, The Jakarta Post, Jakarta Two exciting projects by a young Indonesian photo journalist paint a picture of a thriving industry capable of standing unaided on the world stage.