Indonesian Political, Business & Finance News

Archive: 7 March 2003

74 articles found

Lippo again

Lippo again I'm really deeply concerned over media reports on Bank Lippo. There are several reasons for this concern.First, the government has been tardy with its reaction even though the Bank Lippo issue has become the talk of the town for over two months.

Celebes Airlines to fly to Papua

Celebes Airlines to fly to Papua JAYAPURA, Papua: Celebes Airlines will launch its first flight from Jakarta to Papua on March 15, an official said Thursday.The maiden flight will start from Jakarta at 5:14 p.m.

Teenage Evie records two victories to lead Anniswati Cup

Teenage Evie records two victories to lead Anniswati CupThe Jakarta Post, Jakarta Top female chess player Evie Lindiawati pulled one point clear at the top after winning another two games in the Anniswati Cup here on Thursday.

Bajaj, Kawasaki to make motorcycle

Bajaj, Kawasaki to make motorcycle MUMBAI, India: India's Bajaj Auto Ltd. and its technology partner, Japan's Kawasaki Heavy Industries Ltd., are exploring the possibility of sharing equity investment in motorcycle manufacturing, reports the Hindu Business Line.

Military should listen to bill critics: Minister

Military should listen to bill critics: MinisterMuninggar Sri Saraswati and Fabiola Desy Unidjaja, The Jakarta Post, Jakarta In an apparent attempt to end the prolonged debate on the controversial military bill, Coordinating Minister for Political and Security Affairs Susilo Bambang Yudhoyono told...

KL property market improves

KL property market improves KUALA LUMPUR: Malaysia's sluggish commercial property market, which had US$2.63 billion worth of office space vacant late last year, has improved slightly, international property consultants said Thursday.

Asian monies down, won at 3-month low

Asian monies down, won at 3-month lowDow Jones, Singapore The South Korean won led Asian currencies broadly lower as the communist North's nuclear standoff with the U.S. intensified Thursday.The main catalyst was a report by Japan's Kyodo news agency which said, without citing sources, that North...

Perhutani ready to face lawsuit

Perhutani ready to face lawsuit SURABAYA: State forestry firm Perhutani is ready to face a class action lawsuit filed by the families of at least 26 people who were killed in a landslide that hit the East Java town of Mojokerto last December."We have been prepared for the lawsuit.

No similar party logos for elections

No similar party logos for elections JAKARTA: The ministry of justice and human rights plans to implement harsher regulations on political parties using similar logo designs during next year's general election."There are more than ten parties that have similar logo designs.

House goes on recess, fails to meet bill target

House goes on recess, fails to meet bill targetKurniawan Hari, The Jakarta Post, Jakarta The House of Representatives (DPR) will on Friday end its 38-day sitting session for a seven-week break and, as usual, will have failed to meet its legislation target.During the opening of the session on Jan.

Government to rehabilitate 17 catchment areas across Indonesia

Government to rehabilitate 17 catchment areas across IndonesiaMoch. N. Kurniawan, The Jakarta Post, Jakarta The government has decided to rehabilitate 17 catchment areas over the next five years following the launching of a reforestation program for three million hectares of degraded land at a...

Glodok remains messy

Glodok remains messyFrom Warta Kota The area in front of the Harco Building in Glodok, West Jakarta, remains messy despite the iron fence and traffic signs. Clearly, local authorities have failed to exercise proper control over this area.

Troops to be maintained in North Maluku

Troops to be maintained in North MalukuFabiola Desy Unidjaja, The Jakarta Post, Jakarta The government will maintain a large number of troops in North Maluku to assist the repatriation of refugees despite a plan to lift the civil emergency status in the province.

Subdistrict heads get motorcycles

Subdistrict heads get motorcycles KEBUMEN, Central Java: Kebumen regency has spent Rp 1.25 billion of the regional budget to provide motorcycles for 125 subdistrict heads.By 2005, all 460 subdistrict heads in the regency will have obtained the vehicles, Regent Rustriningsih said on Thursday.

RI to defend agriculture tariff policy at WTO

RI to defend agriculture tariff policy at WTOA'an Suryana, The Jakarta Post, Jakarta The government would defend its current import tariff policy on agriculture products at the upcoming World Trade Organization (WTO) meeting in Geneva, Indonesian Ambassador for WTO Gusmardi Bustami said.

JP/3/INSIGHT6 (insite /already from chdesk)

JP/3/INSIGHT6 (insite /already from chdesk)Gen. Wiranto has no wrong choiceMunir and Rachland Nashidik Indonesian Human Rights Watch (IMPARSIAL) Jakarta The Serious Crime Unit (SCU) of the East Timor General Prosecutor's Office has indicted Gen. (ret.

Each citizen to be given single identification number

Each citizen to be given single identification numberFabiola Desy Unidjaja, The Jakarta Post, Jakarta The government is preparing a new demographic system that will provide each citizen with a single identification number for various administrative purposes from birth to death.

TV Today: Friday, March. 7, 2003

TV Today: Friday, March. 7, 2003 .TB.30" .90"TVRI .tb .30" .90" 5:00 a.m.Religious Teachings 6:00 News: Berita Pagi7:00 English News Service7:30 Children's Program: Pentas Ceria 8:00 Talk Show: RT/RW8:30 DRTV9:00 Documentary10:00 Music: Religious11:00 News: Berita Dearah11:30 Music: Konteswara12:00...

NGOs fail to file reports on funds

NGOs fail to file reports on funds JAKARTA: More than 90 percent of 1,650 local non-governmental organizations (NGO) failed to file accountability reports of donations allocated by the ministry of social affairs during the period of 2001 and 2002.

;JP;dan;

;JP;dan; ANPAf..r.. Rupiah-conversion-ratesRupiah Rates March 6 JP/13/ConverRupiah Rates March 6 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp Australian dollar 1 5,768.93 5,150.23 5,488.71 5,430.22 Brunei dollar 1 5,411.57 4,825.18 5,148.72 5,096.82Canadian dollar 1 6,394.

HSBC, Schroders launch mutual fund

HSBC, Schroders launch mutual fund JAKARTA: The Hongkong and Shanghai Banking Corporation Limited (HSBC) and PT Schroders Investment Management Indonesia have launched "Reksa Dana Smart Invest", a new mutual fund aiming to offer investors the potential to earn high returns through a low risk...

Public order bylaw to be revised

Public order bylaw to be revised JAKARTA: The City Council has promised to revise Bylaw No. 11/1988 on public order which has often been used by the city public order officers as the legal basis to evict street vendors and poor people living in slums.

Bridge players vie for slots in national team

Bridge players vie for slots in national teamThe Jakarta Post, Jakarta Twenty-six pairs from nine provinces are vying for places in the national bridge team during the selection matches currently underway at the Frans Waleleng Bridge Center inside the Bung Karno Sports Stadium complex.

House endorses regulations on terrorism after four months

House endorses regulations on terrorism after four monthsKurniawan Hari, The Jakarta Post, Jakarta Security officials now have a firm legal basis to deal with terrorism across the country as the House of Representatives (DPR) endorsed two government regulations as antiterrorism bills.

Haze covers Pekanbaru as rainy season nears end

Haze covers Pekanbaru as rainy season nears end The Jakarta Post Jakarta Haze blanketed the Riau provincial capital of Pekanbaru over the last few days, sending an early warning of last year's haze problem that nearly paralyzed the city and other parts of the province during the dry season.

Editor tried over Akbar's photograph

Editor tried over Akbar's photograph JAKARTA: Chief editor of Jakarta-based Rakyat Merdeka daily Karim Paputungan went on trial Thursday for allegedly defaming Speaker of the House of Representatives (DPR) Akbar Tandjung.Karim faces a possible jail term of 16 months in prison for the offense.

KPU faces tight schedule for delaying election

KPU faces tight schedule for delaying electionBerni K. Moestafa, The Jakarta Post, Jakarta Indonesia may have only one-and-a-half months to hold a general election to ensure that there is a new government by October 2004, with March 2004 being targeted as the earliest possible month and mid-April...

Mudslide reveals mystery objects

Mudslide reveals mystery objectsSri Wahyuni, The Jakarta Post, Yogyakarta Mystery continues to shroud a number of apparently historical objects that were found after a mudslide flushed out a trench of over a kilometer in length in the middle of rice fields in the Yogyakarta village of Ngestihardjo.

RI team manager uses underdog tag to inspire

RI team manager uses underdog tag to inspireMusthofid, The Jakarta Post, Jakarta Even though there is little hope riding on the women's players, they should be motivated enough to beat the pretournament billings at the next Sudirman Cup mixed badminton championship, saidteam manager Christian...

Haze covers Pekanbaru as rainy season nears end

Haze covers Pekanbaru as rainy season nears endThe Jakarta Post, Jakarta Haze blanketed the Riau provincial capital of Pekanbaru over the last few days, sending an early warning of last year's haze problem that nearly paralyzed the city and other parts of the province during the dry season.

Rp 2b prepared to fight dengue

Rp 2b prepared to fight dengue MAKASSAR, South Sulawesi: The Makassar municipality administration has provided no less than Rp 2 billion (US$225,500) to eradicate dengue fever which has killed 12 people so far this year.

Workers stage rally at council

Workers stage rally at council TANGERANG: Almost 1,000 workers of PT Yasunlitek, a thread manufacturer in Tangerang, staged a rally at the municipality's legislative council on Thursday to protest the company's failure to pay their salaries on time.

Bill passed to help curb graft

Bill passed to help curb graftDadan Wijaksana, The Jakarta Post, Jakarta The House of Representatives approved on Thursday the state finance bill which is meant to ensure transparency and accountability in managing state finances.

TNI arrests 20 flyboys over police attack

TNI arrests 20 flyboys over police attackTiarma Siboro and Muninggar Sri Saraswati, The Jakarta Post, Jakarta The National Military Police commander Maj. Gen. Sulaiman A.B. said that they had arrested 20 Air Force personnel allegedly involved in the fatal attack on the Makassar police station in...

Get smart, please, use the cell phone!

Get smart, please, use the cell phone!Endy M. Bayuni, Deputy Chief Editor, The Jakarta Post, Jakarta This telephone conversation takes place sometime in 2008 between the chief of staff (CS) of the Indonesian Military (TNI) and the president.It's just past 1 a.m. in Jakarta where the CS is, and 5 a.

1. Fire: 28 pt, 1 cols, 3 x 12

1. Fire: 28 pt, 1 cols, 3 x 12GPK to sue actor for defamation 2. Raskin: 50 pt, 4 cols, 2 x Govt accused of stealing cheap rice for the poor 3. Jodo - 1x42 Kalijodo red-light district never dies 4. PIPA: 28 pt, 3 cols, 1 x 32Bogor garden to get clean water5.

PDI-P cadres face penalties if they seek governorship

PDI-P cadres face penalties if they seek governorshipYuli Trisuwarni and Nana Rukmana, The Jakarta Post, Bandung/Cirebon A rift in the Indonesian Democratic Party of Struggle (PDI Perjuagan) took its toll after one of its councillors in the West Java legislature proposed on Thursday that his...

Kalijodo red-light district never dies

Kalijodo red-light district never diesSari P. Setiogi, The Jakarta Post, Jakarta Most squatters in the red-light area of Kalijodo -- meaning river of destiny -- in West Jakarta vow they will never leave the area, despite the demolition of about 150 houses Wednesday.

GPK to sue actor for defamation

GPK to sue actor for defamation The Legal Aid Institution of the Young Ka'bah Movement (GPK) revealed on Thursday that it planned to file suit against small-time actor Ibra Azhari and his lawyer Farhad Abbas for tarnishing the name of Vice President Hamzah Haz and his family.

Wiranto to be indicted?

Wiranto to be indicted? We were startled upon reading reports that the United Nations is going to indict Gen. (ret) Wiranto at the International Tribunal for rights violations in East Timor.Isn't it a kind of concoction that the UN will bring Wiranto and some other generals to court for crimes...

1. INSIGHT: 1 x 50

1. INSIGHT: 1 x 50 Not many choices left for Wiranto over indictment 2. KOREA: 1 x 37 Bombers sent to Guam to deter N. Korea 3. IRAQ: 2 x 32 Blix says Iraq now cooperating, hopes war can be avoided 4. DVD: 1 x 50 U.S. film group launches antipiracy drive in Asia 5.

Not many choices left for Wiranto over indictment

Not many choices left for Wiranto over indictmentMunir and Rachland Nashidik, Indonesian Human Rights Watch (IMPARSIAL), Jakarta The Serious Crime Unit (SCU) of the East Timor General Prosecutor's Office has indicted Gen. (ret.

Farmers assured of free water supply

Farmers assured of free water supplyMoch. N. Kurniawan, The Jakarta Post, Jakarta The House of Representatives and the government assured on Thursday that the bill on water resources would not deprive farmers of water for their farmland.

Lesbians out but bloody decapitations allowed

Lesbians out but bloody decapitations allowedSean Yoong, Associated Press, Kuala Lumpur In the Oscar-nominated drama The Hours, lead actresses Meryl Streep, Nicole Kidman and Julianne Moore briefly lock lips with other women.

On antiwar demonstrations

On antiwar demonstrations In the Feb. 26 edition of The Jakarta Post, Spartz laments the worldwide antiwar protests, but has taken his axe to the wrong tree. The issue is not Saddam Hussein's crimes, which are well known to the whole world. Nobody has forgotten them, and no one is defending him.

Fire engulfs 300 Manggarai houses, victims vent anger at fire trucks

Fire engulfs 300 Manggarai houses, victims vent anger at fire trucksM. Taufiqurrahman, The Jakarta Post, Jakarta An ongoing fire on Jl. Manggarai Utara II, South Jakarta, has razed some 300 homes since Thursday afternoon, leaving thousands homeless, but no fatalities as yet.

IPB students escape paying tuition

IPB students escape paying tuition BOGOR: At least 1,134 of some 19,500 non-degree and undergraduate students enrolled at the Bogor Institute of Agriculture (IPB) have not paid their tuition for the 2002-2003 academic year.

NU to pray for peace

NU to pray for peaceTiarma Siboro, The Jakarta Post, Jakarta The country's largest Muslim organization Nahdlatul Ulama (NU) will hold a national mass prayer in Surabaya, East Java, on Sunday to call on the nation to ask for God's forgiveness.

EKI tackles new theme with 'China Moon'

EKI tackles new theme with 'China Moon'Yusuf Susilo Hartono, Contributor, Jakarta After its success exploring the most sensual of man's senses in last year's Gallery of Kisses, the Eksotika Karmawibhangga Indonesia (EKI) dance company is returning to the stage with the Chinese-themed show The 3rd...

Moro rebel bomber triggered Davao airport blast: RP officials

Moro rebel bomber triggered Davao airport blast: RP officialsJason Gutierrez, Agence France-Presse, Davao, Philippines A young Moro separatist guerrilla carrying explosives in a backpack triggered the airport bombing in the southern Philippines which left 21 people dead, defense officials said on...

* Headlines:Police seize 4.6 kg of drugs from 2 HK citizens2

* Headlines:Police seize 4.6 kg of drugs from 2 HK citizens2 * National: House fails to meet law target 4 * Archipelago:PDI-P members seeking governorship face penalties5 * Opinion: Can the world attain peace in Middle East? 7 * City:Govt accused of stealing cheap rice for the poor8 * Sports:Els...

Ramayana looks to expansion

Ramayana looks to expansionRendi A. Witular, The Jakarta Post, Jakarta Publicly-listed retailer PT Ramayana Lestari Sentosa said it would expand this year by building at least five new department stores in Sumatra and Kalimantan with a total investment of around Rp 300 billion (US$34 million).

Timely parting ways with IMF

Timely parting ways with IMFArya B. Gaduh, Centre for Strategic and International Studies (CSIS), Jakarta, abgaduh@csis.or.id Last Thursday a coalition of economists reportedly stated that Indonesia's economic growth would return to the pre-crisis level, if only we would part with the International...

Australia to join regional antiterror task force

Australia to join regional antiterror task forceAgence France-Presse, Sydney, Australia Australia has agreed to join a southeast Asian police task force set up to battle terrorism in the region, the head of the federal police said on Thursday.

1. FINANCE: 1 x 30

1. FINANCE: 1 x 30 Bill passed to help curb graft 2. PROTEST: 1 x 45 U.S. students, poets mount antiwar protests 3. TNI: 3 x 18 Military should listen to bill critics: Minister 4. FIRE: 2 x 35 Fire engulfs 300 Manggarai houses, victims vent anger at fire trucks

Stock prices on the Jakarta Stock Exchange (in rupiah) on March 6, 2003:

Stock prices on the Jakarta Stock Exchange (in rupiah) on March 6, 2003: -------------------------------------------------------------------------- Shares Close Change Trading Volume --------------------------------------------------------------------------- Abdi Bangsa Tbk 275 0 0 Ades Alfindo Tbk...

Police seize 4.6 kg of drugs from two HK citizens

Police seize 4.6 kg of drugs from two HK citizensDamar Harsanto, The Jakarta Post, Jakarta Police revealed on Thursday that they managed to arrest four suspects in Mangga Besar, Central Jakarta in a drug bust, two of whom were Hong Kong citizens.The police managed to seize 4.

Where to go in Jakarta: Friday, March. 7, 2003

Where to go in Jakarta: Friday, March. 7, 2003Exhibitions* Painting, In Between, by Agus Suwage, Aga Petus, Agung Kurniawan, Ardison, Astari Rasjid, Edo Pillu, Ivan Sagito, G. Sidharta A.,Krisna Murti, Nyoman Erawan, S. Teddy D., Y. Eka Suprihadi, Pande Ketut Taman, Sunaryo, F.

Australia ratifies controversial East Timor gas treaty

Australia ratifies controversial East Timor gas treatyAgence France-Presse, Sydney Australia's parliament ratified a key treaty with East Timor Thursday on the joint development of multibillion dollar oil and natural gas reserves under the Timor Sea.

Ramos-Horta to visit Vietnam

Ramos-Horta to visit Vietnam VIETNAM: East Timor's foreign minister Jose Ramos Horta will arrive in Vietnam on Saturday for a six-day visit, the foreign ministry said here.It will be Ramos Horta's first official visit to Vietnam since the creation of the East Timor state in May 2002, foreign...

ASEAN urged to crank up campaign on AFTA benefits

ASEAN urged to crank up campaign on AFTA benefitsAdianto P. Simamora, The Jakarta Post, Bali Two months after the ASEAN free trade area (AFTA) was fully implemented, visiting ASEAN Secretary-General Ong Keng Yong on Thursday acknowledged that many people in the region remained unaware of the...

CAT to be split into two

CAT to be split into two BANGKOK: The Communications Authority of Thailand (CAT) will split into separate telecommunications and postal companies next month as part of a privatization plan, a report in The Nation newspaper said on Thursday.

FTA with ASEAN a priority: China

FTA with ASEAN a priority: ChinaAgence France-Presse, Singapore China views the conclusion of a free trade agreement (FTA) with ASEAN as a priority, but is not excluding possible bilateral deals with some countries in the region, a report said on Thursday.

Gardens to get clean water

Gardens to get clean water Many species at the Bogor Botanical Gardens are unhealthy due to the use of heavily polluted water, an official from the gardens' conservation center said on Friday.Sudjati Budi Susetyo said that the gardens were using water from the Cibalok river, which is polluted with...

Mubyarto promotes 'Pancasila economy'

Mubyarto promotes 'Pancasila economy'Sri Wahyuni, The Jakarta Post, Yogyakarta While many people may cynically view Pancasila as a tool that former president Soeharto used to repress people, economist Mubyarto has never lost his high regard for the state ideology established by Indonesia's founding...

Govt accused of stealing cheap rice for the poor

Govt accused of stealing cheap rice for the poorBambang Nurbianto, The Jakarta Post, Jakarta It is another story about the greed of government officials. Now, they are accused of stealing rice set aside to be distributed to the poor in a program launched early last year to help ease the burden of...

Bali bombing trial to start in April

Bali bombing trial to start in April DENPASAR: The first trial of the Bali bombing case is expected to start at the end of April in Denpasar, an official said on Thursday.The announcement was made public by Bali Police Chief Insp. Gen.

Health insurance to be made available to all citizens

Health insurance to be made available to all citizensEvi Mariani, The Jakarta Post, Jakarta The Atmin family, who were hit by a train while passing an illegal crossing in Jakarta a couple of weeks ago, had to spend millions of rupiah to pay for medical services and the burial of their five-year-old...

Cirebon has two new sultans after royal dispute

Cirebon has two new sultans after royal disputeNana Rukmana, The Jakarta Post, Cirebon, West Java Kanoman Palace in the West Java town of Cirebon has two kings as a result of a year-long royal dispute following the death of Prince Haji Muhammad Djalaluddin, the eleventh sultan of the kingdom, last...

Lippo again

Lippo again I'm really deeply concerned over media reports on Bank Lippo. There are several reasons for this concern.First, the government has been tardy with its reaction even though the Bank Lippo issue has become the talk of the town for over two months.

Haze covers Pekanbaru as rainy season nears end

Haze covers Pekanbaru as rainy season nears end The Jakarta Post Jakarta Haze blanketed the Riau provincial capital of Pekanbaru over the last few days, sending an early warning of last year's haze problem that nearly paralyzed the city and other parts of the province during the dry season.

`Plan to import used buses prone to graft'

`Plan to import used buses prone to graft' The Organization of Land Transportation Owners (Organda) plans to import 3,000 second-hand buses from Japan and Australia over the next two years, starting in April.

Public holidays

Public holidays in 2003 calendars From Kompas The government, through a joint decree from the minister of religious affairs, the minister of manpower and transmigration and the state minister for administrative reforms, has stipulated changes in public holidays in 2003.

'House needs to revise antimoney-laundering law'

'House needs to revise antimoney-laundering law'Dadan Wijaksana, The Jakarta Post, Jakarta The House of Representatives (DPR) has to immediately revise the current Antimoney-laundering Law if Indonesia wants to avoid sanctions from developed nations and be taken off the list of countries being...