Indonesian Political, Business & Finance News

Archive: 31 October 2003

83 articles found

Two more suspects in Bali bombings stand trial

Two more suspects in Bali bombings stand trialWahyoe Boediwardhana The Jakarta Post Denpasar, BaliThe Denpasar District Court began on Thursday the trial of two more suspects in the Bali bombings as part of the lengthy efforts to bring those believed responsible for the terrorist attacks to justice.

JAKARTA: Indonesian tin producer PT Timah on Thursday said it

JAKARTA: Indonesian tin producer PT Timah on Thursday said it swung to a net profit ofRp 63.9 billion (US$1= Rp8,480) for the first nine months of this year from a loss of Rp 38.7 billion a year earlier due to higher tin prices.

Panin posts healthy profit

Panin posts healthy profit JAKARTA: Bank Panin said on Thursday that its operating profit in the first nine months of the year was Rp 1.13 trillion (US$133.73 million), with a net profit of Rp 303 billion.

1. MAHATHIR 1x30

1. MAHATHIR 1x30 Malaysia's angry 'Old Man' bows out 2. GUESS1 1x30 Stefani opens hot clothing line 3. GUESS2 1x30 Travolta to MC flight centennial

Danamon enjoys strong profit from lending, fee-based income

Danamon enjoys strong profit from lending, fee-based incomeRendi A. Witular, The Jakarta Post, Jakarta Bank Danamon, the country's fifth largest bank in terms of assets, announced on Thursday its net profit surged by 44 percent in the first nine months of this year compared to the same period last...

I

IWELCOME BOSS! Stephen Hicks (left), Intercontinental Hotels Group's Vice President for Operation for Southeast Asian region greets Surya Paloh (center), owner of PT Citra Jimbaran Indah Hotel. They are accompanied by Amadeo Zarzoza, general manager of Bali Intercontinental resort.

President commutes Oki's death sentence to life

President commutes Oki's death sentence to lifeFabiola Desy Unidjaja, The Jakarta Post, Jakarta President Megawati Soekarnoputri has commuted the death sentence of convicted murderer Harnoko Dewantoro alias Oki to life imprisonment.

100 houses gutted in W. Jakarta's Tanah Sereal

100 houses gutted in W. Jakarta's Tanah SerealThe Jakarta Post, Jakarta At least 300 people were left homeless on the fourth day of Ramadhan after fire razed some 100 houses in Tanah Sereal subdistrict, Tambora district, West Jakarta, on Thursday.

Bekasi says no to Jakarta on dumpsite

Bekasi says no to Jakarta on dumpsiteBambang Nurbianto, The Jakarta Post, Jakarta The Bekasi municipal administration declined to respond to the Jakarta administration's hope to extend its contract for the 104- hectare Bantar Gebang dump.

Scam torpedoes BNI profit

Scam torpedoes BNI profitRendi A. Witular, The Jakarta Post, Jakarta Net profits at the publicly-listed Bank Negara Indonesia (BNI), the country's second largest bank in terms of assets, plunged by 45 percent in the first nine months of this year due to a huge loan scandal.

Govt to decide on Aceh martial law

Govt to decide on Aceh martial law JAKARTA: The government will decide on Monday whether to extend the martial law that has been imposed in Aceh since May 19.Secretary to the Coordinating Minister for Political and Security Affairs, Sudi Silalahi, said on Thursday the decision would be taken during...

Arifin sees politics behind charges

Arifin sees politics behind charges JAKARTA: Businessman Arifin Panigoro said on Thursday the reinstatement of corruption charges against him were linked to his position as an outspoken politician."This is an old story.

Integrated financial authority must supervise financial conglomerates

Integrated financial authority must supervise financial conglomeratesFajar Hidayat, Financial Market Analyst, Jakarta Establishing the Financial Services Authority Institution (FSAI) is one of the actions planned in the financial sector reform under the Indonesian Post-IMF economic reform program.

Banten haj dormitory to be built in Curug

Banten haj dormitory to be built in CurugMulta Fidrus, The Jakarta Post, Tangerang The Tangerang regency administration has finalized its proposal for the construction of the Banten provincial haj dormitory on an 11-hectare plot of land in Curug district, some 15 kilometers southwest of the...

Malaysia's angry `Old Man' bows out

Malaysia's angry `Old Man' bows outSimon Cameron-Moore, Reuters, Kuala Lumpur Malaysia's former angry young man is about to end his political life as an angry old one."I like to speak my mind. Sometimes people don't like it," Prime Minister Mahathir Mohamad told an interviewer this year as he...

Solving problem of garbage

Solving problem of garbageFrom Koran TempoGarbage seems to be a perennial problem in major cities across the country. One of the difficulties in solving this problem is the lack of space for a final dumping site.

`A leader must not let people suffer'

`A leader must not let people suffer' Some say that the numerous and complex problems faced by Indonesia stem from the country's leaders. They have been accused of incompetence and a lack of goodwill. What then makes a good leader? Three youths respond to the Youth Pledge Day by sharing their...

Two more suspects in Bali bombings stand trial

Two more suspects in Bali bombings stand trialWahyoe Boediwardhana The Jakarta Post Denpasar, BaliThe Denpasar District Court began on Thursday the trial of two more suspects in the Bali bombings as part of the lengthy efforts to bring those believed responsible for the terrorist attacks to justice.

Freeport: No need for Grasberg force majeure

Freeport: No need for Grasberg force majeureOsterDow Jones, Singapore PT Freeport Indonesia said on Thursday it doesn't foresee the need to declare a force majeure despite the partial closure of its Grasberg mine.

City won't give evictees shelters

City won't give evictees sheltersEvi Mariani, The Jakarta Post, Jakarta The Jakarta administration will not provide temporary shelters for evictees, including infants and pregnant women, even though the rainy season has already begun, bringing with it heightened potential for illnesses and...

Street vendors protest planned eviction

Street vendors protest planned eviction YOGYAKARTA: More than 300 street vendors, who live along the banks of Mataram River in Sleman regency here, rejected on Thursday a plan by the Sleman government to evict them.

Charged Kopassus chief can't understand why witnesses feel bullied

Charged Kopassus chief can't understand why witnesses feel bulliedThe Jakarta Post, Jakarta The Army's Special Forces (Kopassus) Commander Maj. Gen. Sriyanto Muntrasan denied on Thursday allegations that his troops intimidated witnesses of the 1984 Tanjung Priok tragedy not to testify against him.

For better conflict management: Break taboo on the F-word

For better conflict management: Break taboo on the F-word After decades of maintaining "harmony" by the sweeping of sensitive issues under the carpet, at the cost of thousands of lives lost in armed conflict, Indonesians are slowly realizing that they must learn to deal with and live with their...

Kogas to buy up to 1m tons of LNG

Kogas to buy up to 1m tons of LNGThe Jakarta Post, Jakarta South Korean gas company Korean Gas (Kogas) is looking to buy up to one million tons per annum of liquefied natural gas from Indonesia as part of a short term contract, an official said on Thursday.

Medan to get tough on waste

Medan to get tough on wasteApriadi Gunawan, The Jakarta Post, Medan, North Sumatra The Medan municipality government and legislative council agreed on Thursday to impose a new bylaw on sanitary, which would carry a severe fine or a jail sentence for those who throw garbage anywhere in the city.

Boosting the state's revenue

Boosting the state's revenueFrom Bisnis IndonesiaAccording to a report in a mass-media publication, the government, after studying the implementation of a tax amnesty in a number of other countries, has decided against its inclusion in the 2004 tax reform.

Indie music, brought to you by a major label?

Indie music, brought to you by a major label? Leony Aurora The Jakarta Post Jakarta Want your songs to be recorded and still sound like your songs?Less than a decade ago this was rarely an option for bands.

Engineer's group urges government to put more emphasis on technology

Engineer's group urges government to put more emphasis on technologyZakki Hakim, The Jakarta Post, Jakarta A coalition of three engineers associations, boasting a total of 17 million members between them, urged the government on Thursday to pay more attention to technological development in the...

Govt plans bonus for civil servants in 2004

Govt plans bonus for civil servants in 2004The Jakarta Post, Jakarta The government is planning to provide bonuses equal to a month's salary for civil servants starting next year in order to help improve their welfare, Minister of Finance Boediono said on Thursday.

TV Today: Friday, October 31, 2003

TV Today: Friday, October 31, 2003 .TB.30" .90"TVRI .tb .30" .90" 6:00 a.m. News: Berita Pagi7:30 TV Drama: Lorong Waktu8:00 TV Drama: Mat Angin9:00 Religious Teachings10:00 Quiz: Dibisikin11:30 Friday Prayers12:30 p.m.

Air Force launches crash probe

Air Force launches crash probeTheresia Sufa, The Jakarta Post, Bogor, West Java Air Force chief Marshall Cheppy Hakim ordered an investigation on Thursday into the crash of a Sikorsky S-58T Twin Pack helicopter at the Atang Sanjaya airfield, which claimed seven lives.

2 x 28

2 x 28 Workers, employers fail to agree on minimum wage 1 x 39 Maid's body arrives home after 2 months JP/5/SAMPAH2 x 9 Medan to get tough on waste

1. POSO: 48 pt, 3 cols, 3 x 18

1. POSO: 48 pt, 3 cols, 3 x 18 JI suspects say Poso attacker is comrade: Da'i 2. CRASH: 32 pt, 4 cols, 1 x 32 Air Force launches crash probe 3. EVICTION: 32 pt, 4 cols, 1 x 32 City won't give evictees shelters 4. SUSUL: 28 pt, 2 cols, 2 x 20 President Bush needs fear for reelection5.

Rote Ndao gets new regent

Rote Ndao gets new regent KUPANG, East Nusa Tenggara: Rote Ndao regency legislative council elected on Thursday running mates Christian Nehemia Dillak and Bernard E. Pelle as regent and deputy regent of the Rote Ndao regency for the 2003-2008 term.

Parties urge Yusril's dismissal

Parties urge Yusril's dismissal JAKARTA: The leaders of 12 political parties that failed to pass the preliminary screening for next's year general election asked legislators on Thursday to support their efforts to secure the dismissal of Minister of Justice and Human Right Yusril Ihza Mahendra.

Angie blames hectic schedule for dismal run

Angie blames hectic schedule for dismal runMusthofid The Jakarta Post JakartaHectic play schedule was blamed for Angelique 'Angie' Widjaja's dismal run in the 2003 season, which has seen her singles' world ranking drop from a career high 55 to the current 73.

[b]From 'pilkades'to

From 'pilkades'to presidential elections From village chief to presidential elections, they're all the sameorFrom elections for village chief to president, they're all the sameorPresidential hopefuls should learn from village chiefs Kornelius Purba Staff Writer The Jakarta Post Jakarta korpur@yahoo.

Australia extends A$45m to strengthen ASEAN

Australia extends A$45m to strengthen ASEANSari P. Setiogi, The Jakarta Post, Jakarta A A$45 million (US$31.72 million) aid program provided by the Australian government to the Association of Southeast Asian Nations (ASEAN) was officially launched on Wednesday evening in Jakarta.

Two more suspects in Bali bombings stand trial

Two more suspects in Bali bombings stand trialWahyoe Boediwardhana The Jakarta Post Denpasar, BaliThe Denpasar District Court began on Thursday the trial of two more suspects in the Bali bombings as part of the lengthy efforts to bring those believed responsible for the terrorist attacks to justice.

[b]

New world order or new world disorder? Francesco M. Greco and Fabio Scarpello Jakarta 2. NATION -- Thai culture must give more justice to women 2 X 30 Thai culture must give more justice to womenorThai culture must render justice for its women, decriminalize prostitutionorThai culture must end...

From `pilkades'to presidential elections

From `pilkades'to presidential electionsKornelius Purba, Staff Writer, The Jakarta Post, Jakarta, korpur@yahoo.com Attention please, any Indonesian who thinks no one other than himself or herself could defeat the incumbent President Megawati Soekarnoputri in July's direct presidential election.

RI's first drugs maximum security prison opens

RI's first drugs maximum security prison opensFabiola Desy Unidjaja, The Jakarta Post, Jakarta Alarmed by the rising number of drug-related crimes, the government opened on Thursday the country's first ever maximum security prison for drug dealers in Cipinang, East Jakarta.

Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 30, 2003

Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 30, 2003 ___________________________________________________________________________ Shares Close Change Trading Volume ____________________________________________________________________________ Abdi Bangsa Tbk 275 0 0 Ades Alfindo...

Biennial Yogyakarta VII takes on a new look

Biennial Yogyakarta VII takes on a new lookSri Wahyuni, The Jakarta Post, Yogyakarta After a four-year absence, Biennial Yogyakarta VII 2003 is finally being held and presents over 20 individual or group works of over 30 local artists.

APP signs debt restructuring deal

APP signs debt restructuring dealDadan Wijaksana, The Jakarta Post, Jakarta Asia Pulp & Paper Co. (APP) signed on Thursday a long-sought deal to restructure US$6.7 billion in debts owed by its four Indonesian units.

Rules for selection of legislative candidates

Rules for selection of legislative candidatesMoch. N. Kurniawan, The Jakarta Post, Jakarta The General Elections Commission (KPU) has drafted a guideline to be used by political parties contesting the 2004 polls in recruiting their legislative candidates.

Amendments to the

Amendments to the 1945 ConstitutionFrom Republika If we study closely the amended 1945 Constitution, we will find that some articles overlap, leading to misinterpretation and endangering the integrity of the unitary state of the Republic of Indonesia.

JP/4/PRIOK

JP/4/PRIOKCharged Kopassus chief denies intimidation of witnesses The Jakarta Post JakartaThe Army's Special Forces (Kopassus) Commander Maj. Gen. Sriyanto Muntrasan denied on Thursday allegations that his troops intimidated witnesses of the 1984 Tanjung Priok tragedy not to testify against him.

Too early to blame pilot in STABO incident: Maj. Gen.

Too early to blame pilot in STABO incident: Maj. Gen.The Jakarta Post, Jakarta National Military Police commander Maj. Gen. Sulaiman A.B. said on Thursday it was too soon to blame the pilot for the recent Stabilized Tactical Airborne Operation (STABO) accident that left eight Army Special Force...

2. BIEN2 -- 1 x 35

2. BIEN2 -- 1 x 35 Biennial Yogyakarta bursts with color

Man arrested for carrying arms

Man arrested for carrying arms TANGERANG: A man was arrested upon his arrival on Wednesday from Lisbon at 5:40 p.m. on KLM 837 at Terminal II, Soekarno- Hatta International Airport, for illegal possession of firearms.

Asian airlines must prepare for major shakeup: Qantas chief

Asian airlines must prepare for major shakeup: Qantas chief Agence France-Presse SingaporeThe Asian airline industry must prepare for major structural changes to capitalize on a projected surge in travel demand, Qantas chief executive Geoff Dixon said here on Thursday.

A chronology of Malaysian Prime Minister Mahathir Mohamad

A chronology of Malaysian Prime Minister Mahathir Mohamad Major events in the life of Malaysian Prime Minister Mahathir Mohamad, who retires Friday after more than 22 years in power:* Dec. 20, 1925: Born in Alor Setar, northern Malaysia, where his father is a teacher.

Two more suspects in Bali bombings stand trial

Two more suspects in Bali bombings stand trialWahyoe Boediwardhana The Jakarta Post Denpasar, BaliThe Denpasar District Court began on Thursday the trial of two more suspects in the Bali bombings as part of the lengthy efforts to bring those believed responsible for the terrorist attacks to justice.

Yogyakarta art festival bursts with color

Yogyakarta art festival bursts with colorKuss Indarto, Contributor, Yogyakarta Artwork is often controversial. In the case of the Biennale Yogyakarta VIII, the fuss was made before the artwork was even hung. It seems that the selection process for the exhibition -- which ends today.

Mahathir leaves new leader to mop up

Mahathir leaves new leader to mop upSimon Cameron-Moore, Reuters, Kuala Lumpur Malaysian Prime Minister Mahathir Mohamad always courted international attention, but in his last days in power he got more than he bargained for.

Street vendors protest planned eviction

Street vendors protest planned eviction YOGYAKARTA: More than 300 street vendors, who live along the banks of Mataram River in Sleman regency here, rejected on Thursday a plan by the Sleman government to evict them.

JI suspects say Poso attacker is comrade: Da'i

JI suspects say Poso attacker is comrade: Da'iThe Jakarta Post, Jakarta Detainees arrested for their roles in a string of bomb explosions in the country have identified one of the dead attackers in Poso regency, Central Sulawesi, as an accomplice, National Police chief Gen. Da'i Bachtiar said.

Workers and employers fail to agree on minimum wage

Workers and employers fail to agree on minimum wageAndi Hajramurni, The Jakarta Post, Makassar, South Sulawesi Councillors, labor leaders and businesspeople failed to reach an agreement here on Thursday over whether to raise minimum wages of workers in South Sulawesi province next year.

Next elections won't produce new leaders: Analyst

Next elections won't produce new leaders: AnalystKurniawan Hari, The Jakarta Post, Jakarta Next year's general elections will result in the same unqualified, corrupt leaders heading the nation, political analyst Arbi Sanit said on Thursday.

Mandiri's asset revaluation approved

Mandiri's asset revaluation approvedSari P. Setiogi, The Jakarta Post, Jakarta Bank Mandiri said that its shareholders had approved a proposal to revalue the publicly listed bank's assets in a move to eliminate retained losses with paid in capital.

Maid's body arrives home after 2 months

Maid's body arrives home after 2 monthsID Nugroho, The Jakarta Post, Surabaya The body of Sunarsih Sawit, an Indonesian worker who died in Malaysia two months ago, arrived home here on Thursday aboard a plane from Kuala Lumpur.

Marriott suspects say more attacks planned

Marriott suspects say more attacks plannedThe Jakarta Post, Jakarta/Bandung/Cirebon Two JW Marriott Hotel bombing suspects, who were arrested on Wednesday morning, told police that their cohorts were planning more bomb attacks in the country, National Police Chief Gen.

Kogas to buy up to 1m tons of LNG

Kogas to buy up to 1m tons of LNGThe Jakarta Post Jakarta South Korean gas company Korean Gas (Kogas) is looking to buy up to one million tons per annum of liquefied natural gas from Indonesia as part of a short term contract, an official said on Thursday.

Breaking taboos for better conflict management

Breaking taboos for better conflict management After decades of maintaining "harmony" by the sweeping of sensitive issues under the carpet, at the cost of thousands of lives lost in armed conflict, Indonesians are slowly realizing that they must learn to deal with and live with their differences --...

* Headlines:JI members identify Poso attackers as comrade: Da'i

* Headlines:JI members identify Poso attackers as comrade: Da'i 2 * National:3 more parties accepted in KPU's selection process 4 * Archipelago:Workers, employers fail to agree on minimum wage 5 * Opinion:New world order or new world disorder? 7 * City:Bekasi says no to Jakarta on dumpsite 8 *...

BP's East Java gas contract to be extended

BP's East Java gas contract to be extendedThe Jakarta Post, Jakarta Oil and Gas Upstream Authority Body (BP Migas) confirmed that BP Indonesia, the local unit of Anglo-American energy giant BP Plc., will get an extension of its contract to manage Terang Sirasun gas block in East Java.

RENOVATION PROJECTS: The Bali Intercontinental Resort is

RENOVATION PROJECTS: The Bali Intercontinental Resort is renovating its rooms, including its exclusive suites, lobby and spa facilities to ensure more comfort and convenience for its guests.

JP/5/SAMPAH

JP/5/SAMPAHMedan enacts tougher bylaw on sanitaryApriadi Gunawan The Jakarta Post Medan, North SumatraThe Medan municipality government and legislative council agreed on Thursday to impose a new bylaw on sanitary, which would carry a severe fine or a jail sentence for those who throw garbage...

AP/Achmad Ibrahim

AP/Achmad Ibrahim FUNERAL OF CRASH VICTIMS: Indonesian Air Force soldiers carry the coffins of helicopter crash victims during a funeral in Bogor, West Java. An Air Force helicopter crashed at an air strip on the southern outskirts of the Indonesian capital on Wednesday, killing all seven people...

Angie blames hectic schedule for dismal run

Angie blames hectic schedule for dismal runThe Jakarta Post, Jakarta A hectic play schedule has been blamed for Angelique 'Angie' Widjaja's dismal run in the 2003 season, which has seen her singles' world ranking drop from a career high 55 to the current 73.

Two more suspects in Bali terrorist attacks stand trial in Denpasar

Two more suspects in Bali terrorist attacks stand trial in DenpasarWahyoe Boediwardhana, The Jakarta Post, Denpasar, Bali The Denpasar District Court began on Thursday the trial of two more suspects in the Bali bombings as part of the lengthy efforts to bring those believed responsible for the...

Eviction: Who is to blame?

Eviction: Who is to blame?From Media Indonesia Evictions seem to be on the rise now, with the result that thousands of people have lost their homes and are consequently suffering both economically and psychologically.

_________________________________________________________________________________________

_________________________________________________________________________________________ Rupiah Rates Oct. 30 _________________________________________________________________________________________ Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 6,350.98 5,642.87 6,029.

East Barito to get reforestation fund

East Barito to get reforestation fund PALANGKARAYA, Central Kalimantan: The central government has handed over a Rp 3.29 billion (US$411,250) fund to the newly established East Barito regency administration here, to finance a reforestation program in the area, an official said.

NISP reports 96% jump in net profit

NISP reports 96% jump in net profit JAKARTA: Publicly listed NISP Bank recorded a 96 percent increase in net profit in the third quarter of this year. Its net profit jumped from Rp 61 billion (US$7.22 million) in 2002 to Rp 119 billion in 2003.

U.S. Senate bars RI aid over Papua murders

U.S. Senate bars RI aid over Papua murdersReuters, Washington The U.S. Senate has moved to block some military aid to Indonesia to show displeasure over Jakarta's response to the killing of two American teachers in its rebellious Papua province last year.

Australia extends A$45m to strengthen ASEAN economy

Australia extends A$45m to strengthen ASEAN economySari P. Setiogi The Jakarta Post Jakarta A A$45 million (US$31.72 million) aid program provided by the Australian government to the Association of Southeast Asian Nations (ASEAN) was officially launched on Wednesday evening in Jakarta.

JP/4/PRIOK

JP/4/PRIOKCharged Kopassus chief denies intimidation of witnesses The Jakarta Post JakartaThe Army's Special Forces (Kopassus) Commander Maj. Gen. Sriyanto Muntrasan denied on Thursday allegations that his troops intimidated witnesses of the 1984 Tanjung Priok tragedy not to testify against him.

Rupiah, Taiwan Dollar Strengthen: Asian Currencies

Rupiah, Taiwan Dollar Strengthen: Asian Currencies Bloomberg Jakarta The Indonesian rupiah rose for a second day after a group that included the Singapore government's investment arm won its bid for a 51 percent stake in PT Bank Internasional Indonesia.

Where to go in Jakarta: Friday, October 31, 2003

Where to go in Jakarta: Friday, October 31, 2003Exhibitions* Painting Buah, by Munadi, Galeri Milenium, D'Best Shopping Center, Blok B-23, Jl. R.S. Fatmawati No. 15, South Jakarta (Tel. 7507828), 10 a.m. to 8 p.m., until Oct. 31. * Photo by Stefan Moses, GoetheHaus, Jl.

1. DISCOURSE: 1 LINE, 38 COUNTS

1. DISCOURSE: 1 LINE, 38 COUNTS Breaking taboos for better conflict management 2. TRIAL: 2 LINES, 24 COUNTS Two more suspects in Bali terrorist attacks stand trial 3. KPU: 1 LINE, 36 COUNTS Rules for selection of legislative candidates 4. AID: 2 LINES, 20 COUNTS U.S.

Final three parties pass KPU screening

Final three parties pass KPU screeningMoch. N. Kurniawan, The Jakarta Post, Jakarta After several days of delay, the General Elections Commission (KPU) announced on Thursday the final three political parties had passed administrative screening and would proceed to field verifications.