Indonesian Political, Business & Finance News

Archive: 29 October 2003

68 articles found

STPDN seniors get suspended jail terms

STPDN seniors get suspended jail terms Yuli Tri Suwarni, The Jakarta Post, Sumedang, West Java The Sumedang District Court handed down on Tuesday the verdicts for 10 Public Administration Institute (STPDN) students, who were charged with assaulting their juniors during initiation for marching band earlier this year. Three students -- Joshua Napitupulu, Budi Sukisna and Febrianto Borman -- received a suspended three-month sentence and one year probation.

Hypnotists make off with Rp 10m

Hypnotists make off with Rp 10m TANGERANG: Two men allegedly hypnotized a woman on Jl. Teuku Umar in Tangerang on Monday evening before stealing Rp 10 million (US$1,176.47) from the victim. Yanti Utari told police she was waiting for a bus at about 7:30 p.m. when two men approached and asked her for directions. While they were talking, one of the men took a ring off his finger and handed it to the woman. Yanti said she did not remember anything after being handed the ring.

Members doubt Constitutional Commission works

Members doubt Constitutional Commission works Kurniawan Hari, The Jakarta Post, Jakarta A number of Constitutional Commission members expressed doubt on Tuesday that the new body would be able to assess and synchronize conflicting articles of the amended Constitution. They said their skepticism was caused by the fact the commission had no clear method for assessing the articles.

JSX to summon BNI officials over lending scam

JSX to summon BNI officials over lending scam The Jakarta Post, Jakarta The Jakarta Stock Exchange (JSX) said on Tuesday it would seek an explanation from the management of publicly listed Bank BNI over reports of a huge lending scam, as investors continue to dump shares of the state bank. JSX president Erry Firmansyah said on Tuesday the meeting with the BNI officials was expected to take place on Thursday.

Council speaker blocks vote, clears way to buy cheap car

Council speaker blocks vote, clears way to buy cheap car Suherdjoko, The Jakarta Post, Semarang The Central Java legislative council endorsed on Tuesday a plan to sell hundreds of official cars and motorcycles cheaply to councillors and officials, despite a huge public outcry. The plan was approved by council speaker Ircham Abdurrohim -- who stands to benefit from the ruling -- who rejected calls from some councillors to vote on the issue during a plenary session.

TV Program: Wednesday, October 29, 2003

TV Program: Wednesday, October 29, 2003 .TB.30" 1.00" TVRI .TB.30" .90" 6:00 a.m. News: Berita Pagi 7:00 Cartoon 7:30 TV Drama 9:00 Entertainment News: Business Magazine 10:00 Game Show: Dibisikin 12:00 p.m.

IBRA sells assets to Singapore fund

IBRA sells assets to Singapore fund JAKARTA: The Indonesian Bank Restructuring Agency (IBRA) said on Tuesday it has sold tyremaker Gajah Tunggal and Gajah Tunggal Petrochem Industries to Singapore-based Garibaldi Venture Fund for Rp 1.83 trillion (US$214 million). "The package was won for Rp1.83 trillion, above the floor price of Rp 1.7 trillion," said Syafruddin Temenggung, chairman of the state agency.

APEC and the World Trading System

APEC and the World Trading System Mari E. Pangestu Centre for Strategic and International Studies Jakarta The recently concluded Asia-Pacific Economic Cooperation (APEC) meeting in Bangkok sent out mixed signals regarding the world trading system. On the one hand there was strong endorsement of, and commitment to, the multilateral trading system under the auspices of the World Trade Organization (WTO).

VP Center and UN troops

VP Center and UN troops From Media Indonesia The establishment of the Vice President Center is to me surprising and confusing, though I appreciate the attitude of Vice President Hamzah Haz, who has responded to public criticism and expressed his readiness to dissolve the center if requested by the President. Former president Soeharto set up various foundations to procure funds from businessmen and civil servants, and these institutions were finally subjected to legal recourse.

RP impeachment halted

RP impeachment halted PHILIPPINES: The Philippines Congress abruptly stopped the impeachment of a Supreme Court chief justice on Tuesday by adjourning the house, giving President Gloria Arroyo two weeks to solve a problem which could plunge the country into a constitutional crisis. Congress went into recess after the house's presiding officer ruled there was no quorum for the vote on impeaching Hilario Davide.

Three parks proposed as world sites

Three parks proposed as world sites PADANG, West Sumatra: The government has proposed that three national parks in West Sumatra be declared world's heritage sites in Southeast Asia. "The three are the Gunung Leuser Park (Aceh), Kerinci Seblat Park (West Sumatra, Jambi, Bengkulu and South Sumatra), and the Bukit Barisan Selatan Park (North Sumatra)," head ranger of the Kerinci Seblat Parkm, Listya Kusumawardhani, said on Monday.

Aggressive Irene pounds Fernandez into submission in Greece

Aggressive Irene pounds Fernandez into submission in Greece The Jakarta Post, Jakarta Irene Kharisma Sukandar played an aggressive game to beat Ingrid Aliaga Fernandez in the fifth round of the World Youth Chess Championships in Halkidiki, Greece, on Monday. Irene, the only Indonesian contender at the championships, forced her Peruvian opponent to concede in 26 moves in a Sicilian game, a release said here on Tuesday.

Customs needs more sniffer dogs

Customs needs more sniffer dogs MEDAN, North Sumatra: The Medan Customs Office here said on Tuesday that it planned to increase the number of its sniffer dogs to four following a foiled herion smuggling attempt by a South Africa national at Polonia Airport. The additional dogs were needed to tighten security at the international airport, said Ayub Yusuf, the coordinator of the Patrols and Operations Section of the Medan Customs Office.

Manado councillors to challenge minister over liquor bylaw

Manado councillors to challenge minister over liquor bylaw Jongker Rumthe, The Jakarta Post, Manado, North Sulawesi The Manado legislative council in North Sulawesi will file a judicial review challenging Minister of Home Affairs Hari Sabarno's annulling of a bylaw on liquor sales, councillors have said. The annulment of Bylaw No. 5/2001 on the circulation of alcoholic drinks would significantly reduce revenue for Manado, the provincial capital, they said. B.

* Headlines:Eviction still goes on despite governor's promise

* Headlines:Eviction still goes on despite governor's promise 2 * National:KPU cuts out four more from elections 4 * Archipelago:STPDN seniors get suspended jail terms 5 * Opinion:America says: 'Do what we did, not what we say' 6 * City:Governor disregards human rights summons 8 * Sports:England, Turkey charged over Istanbul brawl 10 * World:China fires minister over alleged corruption 11 * Business:JSX to summon BNI officials over lending scam 13 * Features:Exercise reduces breast cancer risk...

KPU cuts out four more parties from elections

KPU cuts out four more parties from elections Moch. N. Kurniawan, The Jakarta Post, Jakarta At least four more political parties have failed to pass the administrative screening by the General Elections Commission (KPU), and have therefore been ruled out of the 2004 elections. The four latest casualties were the Catholic Party, the Islamic Party, the Pro-Republic Party and the Indonesian Workers Party. Mulyana W.

Mega considers visit to Australia

Mega considers visit to Australia JAKARTA: Indonesian Minister of Foreign Affairs Hassan Wirayuda said that the government was looking into the right time for President Megawati Soekarnoputri to visit Australia. He said the President intended to visit the neighboring country, but was still trying to match her schedule with Australian Prime Minister John Howard.

Police to submit Gunawan's dossiers

Police to submit Gunawan's dossiers JAKARTA: Police have completed the case files of businessman Gunawan Santosa, a murder suspect in the death of PT Aneka Sarana Bakti (Asaba) president director Boedyharto Angsono and his bodyguard Second Sgt. Edy Siyep of Kopassus to submit to the prosecutors. "We finished the reconstruction (of the shooting) on Sunday.

America says: 'Do what we did, not what we say'

America says: 'Do what we did, not what we say' Joseph E. Stiglitz, Professor of Economics, Columbia University, Project Syndicate Today, many emerging markets, from Indonesia to Mexico, are told that there is a certain code of conduct to which they must conform if they are to be successful. The message is clear: Here is what advanced industrial countries do, and have done. If you wish to join the club, you must do the same.

Indonesia has executed 11 convicts

Indonesia has executed 11 convicts JAKARTA: Indonesia has executed only 11 of 70 convicts who were sentenced to death since its independence in 1945, an official said on Tuesday. Spokesman for the Attorney General's Office Kemas Yahya Rahman said the number excluded three convicted perpetrators of the Bali bombings who were charged under the antiterrorism law. Most of the convicts on death row were sentenced either for drug charges or premeditated murder, Kemas said.

Samsung, Sony set up joint venture

Samsung, Sony set up joint venture SEOUL: South Korean microchip giant Samsung Electronics will announce a major joint venture deal with Japan's Sony Corp. in flat panel operations, officials said. Samsung said the US$1.8 billion deal will be formally announced at 0600 GMT (01:00 p.m. Jakarta time). "The deal will help Samsung maintain its global leadership, while Sony will secure a supply of flat panels for televisions and computers," a Samsung official said.

Riot in Buleleng

Riot in Buleleng The next general election is still far. However in Bali, or in Buleleng to be precise, riots between political parties have erupted and taken some casualties. Two Golkar Party cadres were reportedly killed in the hands of supporters of the Indonesian Democratic Party of Struggle (PDI-Perjuangan). A similar riot has occurred in Denpasar. Golkar supporters who were commemorating the party's anniversary were attacked by people in red attributes, the color of PDI-Perjuangan.

HK sees decline in RI visitors

HK sees decline in RI visitors JAKARTA: The number of Indonesians visiting Hong Kong in the last eight months has dropped by 43.4 percent to 70,082, from 123,766 in the same period last year, according to the Hong Kong Tourism Board (HKTB). HKTB said that after the spread of Severe Acute Respiratory Syndrome (SARS), Hong Kong had no longer become the first choice in destination for Indonesians. Before SARS, many Indonesians had visited Hong Kong for business and shopping excursions.

Where to go in Surabaya, for Wednesday, October 29, 2003

Where to go in Surabaya, for Wednesday, October 29, 2003 Exhibitions * Comic, CCCL - Centre Culturel et de Cooperation Linguistique (French Cultural Center), Jl. Darmokali 10 (Tel. 031 5615246), until Oct. 29. * Photo: Light in My Soul by Gunawan Yuli Dwi Putra, CCCL - Centre Culturel et de Cooperation Linguistique (French Cultural Center), Jl. Darmokali 10 (Tel. 031 5615246), Nov. 7 to Nov. 15. Film * Short Films, CCCL (French Cultural Center), Jl. Darmokali 10 (Tel.

Housing for evicted people

Housing for evicted people From Warta Kota With the frequent evictions taking place in Jakarta and its outskirts, it is necessary for the provincial administration to relieve the suffering of the homeless poor, who are still badly needed as manual laborers in various projects and services in the city. This can be done by building low-cost apartments in several areas of Jakarta with funds from the provincial budget and donors.

Coastal villagers finally start to enjoy clean water

Coastal villagers finally start to enjoy clean water Multa Fidrus, The Jakarta Post, Tangerang Thousands of poor villagers in three coastal districts in Tangerang regency can at last enjoy clean water from public faucets. They are also able to save some of the money they were previously forking out daily -- to quench their thirst, to wash and to bathe -- as water is now a fraction of the price.

Activists wary of politics in KPTKP selection

Activists wary of politics in KPTKP selection Zakki Hakim, The Jakarta Post, Jakarta Activists and observers welcome the inclusion of individuals with a high level of personal integrity on the list of candidates vying for posts in the Corruption Eradication Committee (KPTPK), but are wary of political intervention in the election process.

1. EVICTION: 48 pt, 4 cols, 2 x 24

1. EVICTION: 48 pt, 4 cols, 2 x 24 Evictions still going on despite governor's promise 2. KADIN: 36 pt, 4 cols, 2 x 28 Ministers endorse antigraft campaign initiated by Kadin 3. TAJIKISTAN: 32 pt, 3 cols, 2 x 25 RI, Tajikistan agree to upgrade diplomatic ties 4. PLEDGE: 28 pt, 5 cols, 1 x 48 Youth told to avoid fanaticism, promote pluralism 5. ODD: 20 pt, 2 cols, 1 x 28 (Two item stories) A: Turkey has brothel-on-wheels Jailbirds sing sweet

Part 1 of 2

Part 1 of 2 Commercial court badly needs full societal support Sebastiaan Pompe IMF Residence Legal Advisor Jakarta 2. Sabam -- As Europeans, we are strong 1 x 30 Part 2 of 2 New world order still a dream for Europe 3. Herald -- Corruption up and down 1 X 30 Corruption up and down in Korea The Korea Herald Asia News Network Seoul

Wisran still thirsts for challenge

Wisran still thirsts for challenge Tantri Yuliandini, The Jakarta Post, Bukittinggi, West Sumatra If there is anyone more happy for author and playwright Wisran Hadi after receiving the Art Award from the Ministry of Culture and Tourism recently, it would be his five children. Comparing Wisran to other fathers, the boys had expected their father to also work nine-to-five, and are confounded that he doesn't. When the awards started coming, "they said 'it's OK Pak, Bapak can work at home.

MOU signed to curb violence ahead of general election

MOU signed to curb violence ahead of general election The Jakarta Post, Jakarta In a bid to minimize violence prior to and during the general election next year, the Jakarta Police, Jakarta's Chapter of the General Elections Supervisory Committee (Panwaslu) and the Jakarta Prosecutor's Office signed on Tuesday a Memorandum of Understanding (MOU). The MOU was signed by city police chief Insp. Gen.

'I have nothing to be proud of as an Indonesian'

'I have nothing to be proud of as an Indonesian' The youth of Indonesia used to commemorate the Youth Pledge Day on Oct. 28 with pride. The pledge still stands, 75 years after young people vowed to unite despite their different ethnic, religious, social and political backgrounds. A few young people shared their views on the significancy of the pledge with The Jakarta Post. Eka Dewi, 21, is a student of the London School of Public Relations in South Jakarta.

MURI records longest flag

MURI records longest flag KUPANG, East Nusa Tenggara: A giant red and white flag unfurled here on Tuesday to mark Youth Pledge Day has broke the national record, says the Indonesian Museum of Records (MURI). The flag, measuring six meters in width and one kilometer in length, was the brainchild of the Red and White Defense Front (FPMP), led by former East Timor pro-Jakarta militia leader and convicted human rights violator Eurico Gutteres.

Two big corrupters get multi-year jail sentences

Two big corrupters get multi-year jail sentences Andi Hajramurni, The Jakarta Post, Makassar, South Sulawesi A court in South Sulawesi has handed down heavy jail sentences to two officials found guilty of embezzling around Rp 40.913 billion (US$4.813 million) in taxes from state-owned oil firm Pertamina and cement company PT Semen Tonasa. The Makassar District Court sentenced Iwan Zulkarnain, an official with the local post office, to 16 years jail.

Future of North Bali

Future of North Bali We are responsible for writing a travel guidebook about eco- tourism in Bali, the objective of which is to promote environmentally and community-friendly, responsible tourism and restore the degraded image of Bali. The operation of power plant (PLTGU) in Pemaron, North Bali, will put the whole of Lovina Beach at an extremely high risk of damage to its unique natural habitat.

Kafe Foto turns a lens on good food, ambience

Kafe Foto turns a lens on good food, ambience Broto Dharma, The Jakarta Post, Jakarta Most cafes come and go in this city, with a short shelf life determined by their 15 minutes as the next best thing. With everything tried and tasted, hip patrons move onto the next establishment of the moment, until they also tire of what little it has to offer.

Dow Jones

Dow Jones Bangkok Thailand's cabinet gave the green light on Tuesday for the Energy Ministry's plans to promote the country as an oil trading hub for Southeast Asia, a government spokesman said.

Councillor jailed for drugs

Councillor jailed for drugs SEMARANG: Sudiharto Saka, a councillor with the Indonesian Democratic Party of Struggle (PDI Perjuangan), was sentenced on Tuesday to five months and 15 days in prison in a drugs case. The Semarang District Court also fined him Rp 500,000 (US$58), to be substituted for by two months imprisonment if he failed to pay. Prosecutors had sought 11 months in jail and a Rp 1 million fine for the defendant.

Jakartans have enough food supply

Jakartans have enough food supply JAKARTA: The city administration has guaranteed that there will be enough food for the Ramadhan fasting month and Idul Fitri holiday. Head of the City Office for Economic Affairs, Sukri Bey, said on Tuesday that the basic commodities supplies, such as rice, sugar and cooking oil, would last more than two months. Cipinang wholesale market has 58,000 tons of rice and the Jakarta provincial logistics agency has 164,125 tons this month.

Kalla links JI to Poso attacks

Kalla links JI to Poso attacks Fabiola Desy Unidjaja, The Jakarta Post, Jakarta The government is looking into the possibility that Jamaah Islamiyah (JI) may have had a central role in a series of recent attacks in Poso regency, Central Sulawesi, which killed at least 13 people.

Priok victims allege military threats, ask for police protection

Priok victims allege military threats, ask for police protection Damar Harsanto, The Jakarta Post, Jakarta Around 20 victims of the 1984 Tanjung Priok violence and their families asked the police to protect them from people they said were Army's Special Forces (Kopassus) soldiers.

Nip it in the bud!

Nip it in the bud! The series of violent clashes that broke out on Sunday between supporters of the Indonesian Democratic Party of Struggle (PDI Perjuangan) and the Golkar Party in Singaraja, Bali, raises grave concerns for a number of reasons. First, the clashes happened in Bali, the Island of the Gods, famous throughout the world for its peaceful, highly-cultured and religious people.

Two tax evaders to be jailed

Two tax evaders to be jailed Rendi A. Witular, The Jakarta Post, Jakarta The Directorate General of Taxation is seeking to send two uncooperative expatriates to prison for failing to pay a total of Rp 67 billion (US$7.97 million) in tax arrears, a senior tax official said. "We are still waiting for the green light from the Minister of Finance for the two expatriates to be put into jail.

Governor disregards human rights summons

Governor disregards human rights summons Evi Mariani and Bambang Nurbianto, The Jakarta Post, Jakarta The National Commission on Human Rights (Komnas HAM) has expressed disappointment that Governor Sutiyoso failed to answer a summons to account for alleged human rights abuses during the recent eviction of squatters in West Jakarta. Two people died and a 13-year-old girl was allegedly raped by men in city uniforms.

Commercial Court badly needs full societal support (Part 1 of 2)

Commercial Court badly needs full societal support (Part 1 of 2) Sebastiaan Pompe, IMF Residence Legal Advisor , Jakarta The editorial of The Jakarta Post on Oct. 21, 2003 describes the commercial court system as bankrupt. It argues in favor of promptly enacting the Bankruptcy Law Amendment and "of changing the rules of the game". This means, according to the editorial, that procedures must be more clear-cut, and proceedings more accountable and transparent.

Rich pilgrims face uncertainty

Rich pilgrims face uncertainty JAKARTA: Despite the fact that they have paid more money for an extra-service haj pilgrimage, around 3,600 Muslims have not secured their entry to the holy land of Mecca. Their departure remains uncertain due to the decline in the quota of Indonesian haj pilgrims traveling on the expensive scheme set up by the Saudi Arabian government.

Ten brokerage firms leave JSX

Ten brokerage firms leave JSX Rendi A. Witular, The Jakarta Post, Jakarta The Jakarta Stock Exchange (JSX) said on Tuesday that ten local brokerage houses had decided to quit the local bourse because of their inability to meet the new working capital requirements. JSX president Erry Firmansyah said the bourse's new regulation obliged brokerage houses to have a minimum of Rp 10 billion (US$1.2 million) in working capital by December.

Germany helps RI combat terrorism

Germany helps RI combat terrorism JAKARTA: The German Embassy in Jakarta opened a Federal Criminal Police Office here on Tuesday to help the Indonesian police combat terrorism and transnational crimes. The office will also support the Indonesian police with technical assistance and training. Currently, five Indonesian police officers are preparing for a training program in Germany, scheduled for January next year.

MOBILE HEALTH CENTERS: Fifteen ambulances are parked at the

MOBILE HEALTH CENTERS: Fifteen ambulances are parked at the Pasuruan administration office in East Java province. The vehicles, which arrived on Tuesday, were purchased by the regency to serve as mobile community health centers.

PPATK, tax office boost anti-money laundering drive

PPATK, tax office boost anti-money laundering drive The Jakarta Post, Jakarta The country's anti-money laundering watchdog and tax office signed on Tuesday an agreement aimed at creating a more effective and efficient implementation of the Money Laundering Law, especially in relation to taxation crimes. The agreement was signed by Yunus Husein, chairman of the Financial Transaction and Report Analysis Center (PPATK), and Hadi Purnomo, Director General of Taxation.

APEC should go back to basic vision and goals

APEC should go back to basic vision and goals Mari E. Pangestu, Centre for Strategic and International Studies, Jakarta The recently concluded Asia-Pacific Economic Cooperation (APEC) meeting in Bangkok sent out mixed signals regarding the world trading system. On the one hand there was strong endorsement of, and commitment to, the multilateral trading system under the auspices of the World Trade Organization (WTO).

RI, Tajikistan agree to to upgrade diplomatic ties

RI, Tajikistan agree to to upgrade diplomatic ties Fabiola Desy Unidjaja, The Jakarta Post, Jakarta Indonesia and Tajikistan agreed on Tuesday to strengthen their diplomatic ties and signed several agreements to increase future economic cooperation.

Corrupt officials

Corrupt officials From Republika We are angered that high-ranking government officials and their subordinates have lost their conscience and sense of pride through their abuse of their positions and power. These corrupters have weakened the country. We have learned from history that the Dutch East Indies Trading Company (VOC) collapsed because of its corrupt officials. Likewise, our state will also collapse if corruption continues unchecked.

Sorak told to raise bid, or lose BII

Sorak told to raise bid, or lose BII The Jakarta Post, Jakarta The Indonesian Bank Restructuring Agency (IBRA) has named Sorak Financial Holdings Pte. Ltd., a South Korean-Singapore consortium, as the preferred bidder for a 51 percent stake in publicly listed Bank Internasional Indonesia (BII). The agency, however, demanded the consortium to raise its bidding price or the offer would go to the competing Bank Panin consortium. "... Sorak has been selected as the preferred bidder.

Police name five more in Bali clashes

Police name five more in Bali clashes The Jakarta Post, Denpasar/Jakarta The Buleleng Police named on Tuesday five more suspects in the clashes between supporters of the Indonesian Democratic Party of Struggle (PDI Perjuangan) and Golkar Party over the weekend.

Eviction still goes on despite governor's promise

Eviction still goes on despite governor's promise Evi Mariani, The Jakarta Post, Jakarta The evictions of the city's poorest inhabitants continued on the second day of Ramadhan, despite promises from Governor Sutiyoso to stop the practices during the holy month.

Ministers snap antigraft campaign initiated by Kadin

Ministers snap antigraft campaign initiated by Kadin Zakki Hakim, The Jakarta Post, Jakarta Members of the Indonesian Chamber of Commerce and Industry (Kadin)'s Telecommunications and Information Technology Department signed an antibribery pact on Tuesday, following Kadin's declaration of a nationwide war against corruption earlier this month.

Govt to allocate higher fuel subsidies for 2004

Govt to allocate higher fuel subsidies for 2004 Fitri Wulandari, The Jakarta Post, Jakarta Legislators and the government agreed on Tuesday to allocate Rp 14.5 trillion (US$1.73 billion) for fuel subsidies in next year's state budget. The amount is higher than the initial government proposal of Rp 12.7 trillion and also higher than the Rp 13.2 trillion set aside for this year's budget.

No tax relief for PLN: Finance Ministry

No tax relief for PLN: Finance Ministry The Jakarta Post, Jakarta The Ministry of Finance announce on Tuesday that it had rejected a request for a tax holiday this year from state-owned electric company Perusahaan Listrik Negara (PLN), because tax proceeds from the company have already been included in the calculation of the 2003 state budget revenue. "There won't be any (tax) relief.

Council to approve bylaw

Council to approve bylaw JAKARTA: City Council is scheduled to approve a bylaw on transportation on Thursday amid differences among councillors on the issue. Head of the steering committee on the draft bylaw, Ali Imran Husein, said that councillors have yet to agree on the Public Transportation Executive Board (BPAU) as stated in the bylaw. The committee has excluded the board from the bylaw because it would serve only as the legal basis for the administration to implement the busway project.

Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct.28 2003

Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct.28 2003 ___________________________________________________________________________ Shares Close Change Trading Volume ____________________________________________________________________________ Abdi Bangsa Tbk 275 0 0 Ades Alfindo Tbk 1,050 -50 30,000 Adindo Foresta 50 0 0 AGIS Tbk 95 0 282,500 Akbar Indo Makmur 70 0 30,000 Alakasa Industrindo 220 20 1,500 Alfa Retailindo Tbk 1,225 -25 28,000 Alter Abadi Tbk 25 -5 1,300,500...

Youth told to avoid fanaticism, promote pluralism

Youth told to avoid fanaticism, promote pluralism Slamet Susanto and A. Junaidi, The Jakarta Post, Yogyakarta/Jakarta Yogyakarta-based presidential candidate Governor Sri Sultan Hamengkubuwono X called on youths on Tuesday to avoid myopic nationalism and promote pluralism instead. The governor, who is also the Sultan of Yogyakarta, said youths should not be trapped in a narrow religious outlook, nor tribal or political sectarianism.

Sorak told to raise bid, or lose BII

Sorak told to raise bid, or lose BII The Jakarta Post Jakarta The Indonesian Bank Restructuring Agency (IBRA) has named Sorak Financial Holdings Pte. Ltd., a South Korean-Singapore consortium, as the preferred bidder for a 51 percent stake in publicly listed Bank Internasional Indonesia (BII). The agency, however, demanded the consortium to raise its bidding price or the offer would go to the competing Bank Panin consortium. "... Sorak has been selected as the preferred bidder.

Governor says no to party posts

Governor says no to party posts Bambang Nurbianto, The Jakarta Post, Jakarta The city administration will prohibit the establishment of political party posts across the city, to prevent possible clashes among supporters of different parties. Governor Sutiyoso said on Tuesday that his administration would instead finance the establishment of joint posts for parties in each subdistrict. The post will be a center for representatives of each political party.

Rijstafel: finding enough room for all those dishes

Rijstafel: finding enough room for all those dishes Maria Endah Hulupi, The Jakarta Post, Jakarta The use of exotic ingredients or the adoption of certain cooking techniques are just a few of the many foreign influences that have enriched Indonesian cuisine. Another such influence is seen in rijstafel where common one- meal dishes have been transformed, with ceremony and formality, into a pompous, colonial-style feast.

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_________________________________________________________________________________________ Rupiah Rates Oct.28 _________________________________________________________________________________________ Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 6,382.62 5,675.88 6,061.49 5,996.79 Brunei dollar 1 5,205.75 4,631.03 4,943.83 4,892.86 Canadian dollar 1 6,924.60 6,157.54 6,576.20 6,505.68 Swiss franc 1 6,876.37 6,117.00 6,530.40 6,462.84 Danish krone 1 1,433.15 1,274.36...

Illegal miners disrupt foreign gold firm

Illegal miners disrupt foreign gold firm Agence France-Presse, Jakarta Some 1,000 illegal miners who claim ownership of an Indonesian gold mine have forced an Australian firm to halt operations, officials said on Tuesday. The miners occupied the Toguraci pit area on Halmahera island in North Maluku province last Friday and started mining gold ore outcrops, said a statement from PT Nusa Halmahera Minerals (NHM), the local subsidiary of Australia's Newcrest Mining.

West Irian election body still in limbo

West Irian election body still in limbo Nethy Dharma Somba, The Jakarta Post , Jayapura, Papua The establishment of the West Irian Jaya General Election Commission (KPUD), which was supposed to take place on Tuesday, has been postponed indefinitely, an official said. Abraham O. Attururi, the acting West Irian Jaya governor, said that the postponement was due to the tight schedules of the members of central General Elections Commission (KPU) ahead of the 2004 general election.