Indonesian Political, Business & Finance News

Archive: 30 April 2003

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AFP to help probe airport blast

AFP to help probe airport blast JAKARTA: National Police Headquarters confirmed on Tuesday the Australian Federal Police (AFP) would assist in the investigation of the bombing at the Soekarno-Hatta International Airport. National Police spokesman Sr. Comr. Zainuri Lubis said two forensic experts from the AFP, who have also been helping investigate Thursday's blast near the United Nations office in Central Jakarta, would assist Indonesian police in the airport bombing investigation.

'I'm sure there'll be more bomb blasts

'I'm sure there'll be more bomb blasts Sunday's explosion at Soekarno-Hatta International Airport, which injured 11 people, was the fourth of a string of bombings that have occurred in the capital this year. Some city residents told The Jakarta Post that they were worried more bombs might explode and injure them. Kelik, 23, is shop attendant at Blok M Plaza, South Jakarta.

'SMEs need to be told about intellectual property rights'

'SMEs need to be told about intellectual property rights' Muninggar Sri Saraswati The Jakarta Post Jakarta In a bid to curb rampant piracy of intellectual property rights in the country, the government will focus on raising small and medium enterprise (SMEs) administrators' awareness on the issue.

Saudi Arabia blacklists haj operators

Saudi Arabia blacklists haj operators JAKARTA: The Saudi Arabian government has added 15 minor haj operators to 198 haj operators from Indonesia which have already been blacklisted, an official said. Minister of Religious Affairs Said Agil Husin Al Munawar said on Tuesday the Indonesian government had also revoked the operational license of 12 haj operators for committing gross violations during this year's haj season.

.RM 8.50"

.RM 8.50" x * according to stylebook ============================ INDONESIA ----------------------------------------------------------------- AAI * Indonesian Advocates Association AAMA * Administration Aspects of Market Access ABBESI Producers of Steel Billets and Concrete Bars Association ABM ABMs* antiballistic missiles ABRI * Indonesian Armed Forces (name changed to TNI April 1999) ACCU Asia-Pacific Cultural Centre for UNESCO ACPC Association of Coffee Producing Countries ADB * Asian...

Illegal drugs reach established community, minister says

Illegal drugs reach established community, minister says Arya Abhiseka, The Jakarta Post, Jakarta Indonesia's role in drug trafficking has increased significantly in recent years as it has not only become a transit port but also a major producer. The death sentence handed down to businessman Ang Kiem Soei, who owned a large factory producing ecstasy for worldwide consumption, made the nation aware of the fact that illegal drugs were not so distant.

Taiwan to donate rice to RI

Taiwan to donate rice to RI TAIPEI : Taiwan said on Tuesday that it will donate 50,000 tons of rice to poverty-stricken people in Indonesia. "We will send the rice to Indonesia in five shipments. The first shipment - 10,000 tons - will be sent in early May," a Department of Health official, Wang Chang-ying, said. The 50,000 tons of rice will be distributed to poor people on the islands of Java, Sumatra, Kalimantan and Sulawesi.

Susilo nominated for president

Susilo nominated for president From Koran Tempo The Democrats Party has nominated Coordinating Minister for Political and Security Affairs Susilo Bambang Yudhoyono, as a presidential candidate for 2004 election. The party has come to this decision in view of Yudhoyono's nationalism, religiosity, pluralist views and humanism, qualities allowing him to solve all conflicts now sweeping Indonesia.

'Embedded journalism threatens independence'

'Embedded journalism threatens independence' Kurniawan Hari, The Jakarta Post, Jakarta The objectivity and independence of media coverage on Aceh could be threatened should journalists be embedded with Indonesian troops after they launch a military operation in the troubled province. Media analysts demanded that the Indonesian press always seek out the truth as its ultimate goal as this would benefit the Acehnese people.

Promoting peace and harmony among students

Promoting peace and harmony among students Sudibyo M. Wiradji The Jakarta Post Jakarta International schools are becoming increasingly popular among expatriate and local parents not only because of their high quality of education but also due to the positive cultural values resulting from their multicultural environments.

Gus Dur stands behind Inul

Gus Dur stands behind Inul JAKARTA: Former president Abdurrahman "Gus Dur" Wahid has come out in defense of Inul Daratista, the popular dangdut singer who some religious leaders have criticized for her erotic style of dancing. Gus Dur, himself a Muslim cleric, said that those who criticized Inul were misusing religious precepts as a pretext to suppress freedom of expression. He particularly singled out veteran dangdut singer Rhoma Irama, who is known as the "king of dangdut" by his fans.

Sunday's explosion at Soekarno-Hatta International Airport, which

Sunday's explosion at Soekarno-Hatta International Airport, which injured 11 people, was the third of a string of bombings that have occurred in the capital this year. Some city residents told The Jakarta Post that they were worried more bombs might explode and injure them. Kelik, 23, is shop attendant at Blok M Plaza, South Jakarta.

RI to attend UN habitat forum

RI to attend UN habitat forum SEMARANG: An Indonesian delegation will propose a housing concept for victims of wars and conflict during the United Nations Habitat Forum in Nairobi, Kenya, from May 5 to May 9. "We will also present a paper on a housing concept for victims of natural disasters and on housing as an instrument to create sociocultural solidarity among urban people," a member of the 11- members delegation, Eko Budihardjo, said on Tuesday.

TKI on death row for drug trafficking

TKI on death row for drug trafficking KUALA LUMPUR: A Malaysian court on Tuesday sentenced an Indonesian laborer (TKI) to death by hanging for trafficking marijuana. Ruslan Bendadeh, 28, was convicted of trying to distribute 436.2 grams of marijuana on Nov. 8, 2000, at a food outlet in Penang, a resort island 300 kilometers north of Kuala Lumpur.

Papua's orchids face extinction

Papua's orchids face extinction JAYAPURA, Papua: The 2,770 orchid species found in Papua are in danger of extinction because of rampant theft, says Papua Governor Jaap Solossa. "Illegal hunters are looting these beautiful orchid species from the vast forests in the province. We need an orchid seedling plantation to prevent the protected species from disappearing," he said when opening an orchid exhibit here on Tuesday.

'U.S. victory in Iraq boost moderates'

'U.S. victory in Iraq boost moderates' SINGAPORE: The swift U.S.-led victory in Iraq has bolstered the position of moderate Muslims in Southeast Asia and set back the region's extremists, Singapore Trade Minister George Yeo said. With the war over, the reaction of Southeast Asia's Muslims will now depend on how the United States handles the governance of Iraq after the fall of Saddam Hussein, Yeo said in a speech to the U.S. Chamber of Commerce in Washington released to media here Tuesday.

'SARS to cost 10,000 Batam jobs'

'SARS to cost 10,000 Batam jobs' Fadli, The Jakarta Post, Batam, Riau The outbreak of Severe Acute Respiratory Syndrome (SARS) that has badly hit Singapore, Hong Kong, China, Vietnam and Canada, has had an adverse impact on the tourism and service industries on Batam island, with more than 100,000 workers facing layoffs or dismissals.

Indonesia seeks prompt joint actions to eradicate SARS

Indonesia seeks prompt joint actions to eradicate SARS Fabiola Desy Unidjaja and Moch. N. Kurniawan, The Jakarta Post, Bangkok/Jakarta President Megawati Soekarnoputri urged on Tuesday for quick, concerted measures to deal with the spread of Severe Acute Respiratory Syndrome (SARS), warning that the pandemic could endanger regional stability.

"Govt not serious enough in attracting foreign investment"

"Govt not serious enough in attracting foreign investment" The uncertainty in the world's economy combined with the legal and security problems in Indonesia have seriously hampered the inflow of foreign direct investment into the country. Below are excerpts taken from an interview with Basroni Rizal, the chairman of the Indonesian Industrial Estates Association (HKI) on his views about the problem faced by the country's industrial estates.

Indonesia hopes to draw Austria playoffs

Indonesia hopes to draw Austria playoffs Musthofid, The Jakarta Post, Jakarta The Indonesian Federation Cup team, which is still savoring its successful Japan tour, seems to fancy the prospect of meeting Austria in the World Group playoffs this July. Indonesia and Japan lived up to their statuses as the second and top seeds, respectively, to secure berths in the World Group playoffs after finishing in the top two during the Group One Asia-Oceania qualifying matches in Tokyo last week.

Military arsenals could endanger neighborhoods

Military arsenals could endanger neighborhoods Sari P. Setiogi, The Jakarta Post, Jakarta Jakarta's Military commander (Pangdam Jaya) Maj. Gen. Joko Santoso said there are about five military arsenals in Jakarta. Military arsenals can be dangerous if they are located near any residential areas or other facilities that can expose highly explosive weapons to vibrations or heat. In 1984, a marine arsenal located in Cilandak, South Jakarta, exploded, killing several people and injuring 30 others.

RI military forced E. Timorese women into sex slavery, Carascalao says

RI military forced E. Timorese women into sex slavery, Carascalao says Guido Guilart, Associated Press, Dili, East Timor The Indonesian military systematically forced dozens of East Timorese women to become sex slaves for officers during its 24- year occupation of the half-island, a former governor said on Tuesday.

Indonesian illegal immigrants in the U.S. unwilling to go home

Indonesian illegal immigrants in the U.S. unwilling to go home Laila Weir, Student, Graduate School of Journalism, University of California, Berkeley The deadline to register with the United States immigration service has passed, but many Indonesians living here illegally, some for decades, are still in the country. Indonesians interviewed said they were afraid to register because many of those who did register were arrested for immigration violations.

Helping in the development of Indonesian education

Helping in the development of Indonesian education Simon Marcus Gower Contributor Jakarta Recently there have been quite considerable pressures on the expatriate communities of Jakarta and beyond. The lingering affects of the economic crisis and its accompanying social, political and religious upheavals have significantly reduced the number of foreigners within Indonesia.

TNT Indonesia :

TNT Indonesia : JP/22/U10 "Nobody does logistics and express delivery better..." TNT Indonesia has grown rapidly to become the most reliable provider of express and logistics services in the country thanks to the company's relentless efforts and strong commitment to meet every single need of its customers. This might explain why TNT's customers in Indonesia continue to increase from year to year. In 2002, for instance, TNT Indonesia saw a 15 percent growth in express and 53 percent in logistics.

Stock prices in the Jakarta Stock Exchange (in rupiah) on April 29, 2003

Stock prices in the Jakarta Stock Exchange (in rupiah) on April 29, 2003 ________________________________________________________________________ Shares Close Change Trading Volume _________________________________________________________________________ Abdi Bangsa Tbk 275 0 0 Ades Alfindo Tbk 675 0 30,000 Adindo Foresta 50 0 0 AGIS Tbk 60 10 937,500 Akbar Indo Makmur 130 5 2,500 Alakasa Industrindo 125 20 14,000 Alfa Retailindo Tbk 675 0 0 Alter Abadi Tbk 10 0 0 Alumindo Light 155 0 10,000...

KAI and ITB open master's program

KAI and ITB open master's program BANDARLAMPUNG, Lampung: State railway operator PT KAI is cooperating with the Bandung Institute of Technology (ITB) to open a master's program for rail transportation. KAI president director Omar Berto said the new program was expected to help the company improve its human resources. "Currently, hundreds of our employees are participating in the master's program," he said at the University of Lampung here on Tuesday.

Four-year jail sought for two bankers

Four-year jail sought for two bankers JAKARTA: Prosecutors sought four-year-jail terms for two former officials from the now-defunct Bank Ficorinvest on Tuesday in connection with the alleged misappropriation of Bank Indonesia Liquidity Support Funds (BLBI). Prosecutor Bambang Riyadi Lani told the South Jakarta District Court that Supari Dhirdjoprawiro, the former president director of the bank, and S.

N. Sumatra warned of terror attacks

N. Sumatra warned of terror attacks MEDAN, North Sumatra: North Sumatra Governor Tengku Rizal Nurdin called on security officials and residents to remain alert for possible attacks by the Free Aceh Movement (GAM) and extremist groups. "Regents and mayors should coordinate with the local military and police to monitor newcomers in their areas in order to prevent unwanted incidents," the governor said during a seminar on terrorist attacks here on Tuesday.

'Burning pencil' falls in Sulawesi jungle

'Burning pencil' falls in Sulawesi jungle Agencies, Jakarta/Rome Villagers living in a remote part of Indonesia's Southeast Sulawesi province reported on Tuesday seeing something like a "burning pencil" falling from the sky, which officials believe to be the first sightings of Italian satellite debris crashing to earth.

Negative Investment List

Negative Investment List Totally closed for investment 1. Agricultural Sector -- Cultivation and processing of marijuana and other illicit drug crops 2. Marine and Fishery Sector -- Collection / utilization of sponges 3. Industrial and Trading Sector -- production of chemicals harmful to the environment, such as penta chlorophenol, Dichloro Dipenhyl Trichloro Ethane (DDT), dieldrin, chlordane, carbon tetra chloride, Chloro Flouro Carbon (CFC), methyl bromide, methyl chloroform, halon etc. 4.

HDC close to setting new date for Aceh talks

HDC close to setting new date for Aceh talks The Jakarta Post, Jakarta The Aceh peace facilitator, the Henry Dunant Centre (HDC), is now trying to set a new date and venue for peace talks between the government and the Free Aceh Movement (GAM), after the former pulled out of a planned Joint Council meeting in Geneva last week. HDC representative David Gorman said at a press conference in Banda Aceh on Tuesday that he hoped to set a date within the next few days.

Investors await improvement of business climate

Investors await improvement of business climate Rikza Abdullah Contributor Jakarta The Investment Coordinating Board (BKPM) has reported mixed indications on approval of commitments for direct investments but skepticism remains on the real flow of capital into the country in the near future.

Sudibyo M. Wiradji

Sudibyo M. Wiradji The Jakarta Post Jakarta More developers offer lease term to lure new tenants Several industrial estates in Indonesia have begun to offer industrial plots for rent in a bid to lure new tenants in the face of continued sluggish demand from investors.

Govt must be

Govt must be firm on GAM On Feb. 18, 2003 the following appeared in The Jakarta Post: "Humam Hamid, an influential figure in Banda Aceh, said that the truce had almost broken down, because of the absence of mutual trust between the Free Aceh Movement (GAM) and the security authorities.

Part 1 of 2 Discarding mediocrity for the economic fast track

Part 1 of 2 Discarding mediocrity for the economic fast track Djisman S. Simandjuntak, Executive Director, Prasetiya Mulya Business School, Jakarta We do have different views on how the Indonesian economy has performed in recent months. The disagreement was clearly reflected in The Jakarta Post's anniversary edition last Friday. On the one hand there is some good news.

1. Djis30 -- Discarding mediocrity for the economic fast track

1. Djis30 -- Discarding mediocrity for the economic fast track 2 X 23 Part 1 of 2 Discarding mediocrity for the economic fast track Djisman S. Simandjuntak Jakarta 2. Nuclear -- Crisis in North Korea may force Japan to go nuclear 2 X 30 Crisis in North Korea may force Japan to build nuclear bomb Dan Plesch Senior Research Fellow UK's Royal United Services Institute Guardian News Service London

Japanese speech contest to be held

Japanese speech contest to be held JAKARTA: Students from 12 high schools in eight provinces will take part in a Japanese speech contest at the Japan Foundation (TJF) here on May 10. The contest will take place at the TJF in the Summitmas I building on Jl. Sudirman in South Jakarta between 10 a.m. and 1 p.m. Participants won speech contests held previously in North Sumatra, Greater Jakarta, West Java, Central Java, Yogyakarta, East Java, Bali and North Sulawesi.

Adam Malik Center honors five governors

Adam Malik Center honors five governors The Jakarta Post, Jakarta The Adam Malik Center (AMC) has honored five governors for their success in managing ethnic, religious and intergroup conflicts in their provinces. The five are North Sumatra Governor Tengku Rizal Nurdin, Riau Governor Saleh Djasit, Jakarta Governor Sutiyoso, East Nusa Tenggara Governor Piet A. Tallo and Papua Governor Jaap Solossa. Nurdin, Saleh and Solossa received their awards in Jakarta over the weekend.

'SCTV' to issue Rp 350 billion bond

'SCTV' to issue Rp 350 billion bond JAKARTA : Indonesian television company PT Surya Citra Televisi (SCTV), said on Tuesday it plans to issue a Rp 350 billion five- year bond on June 11. SCTV said it will offer the bonds between June 18 and June 20, and will list the bonds on the Surabaya Stock Exchange on June 30. It hasn't yet determined the interest rate for the bonds.

Standard Chartered Bank to confirm NISP's L/Cs

Standard Chartered Bank to confirm NISP's L/Cs Zakki Hakim, The Jakarta Post, Jakarta Bank NISP signed a trade facility agreement on Tuesday with Standard Chartered Bank (Stanchart) in which the foreign bank pledged to confirm letter of credit (L/C) facilities extended by the former. But the deal will only cover up to US$125 million worth of L/Cs to be issued by NISP. The International Finance Corporation (IFC), the investment arm of the World Bank, will also guarantee the trade facility.

Tea tasting, artistic endeavor of its own

Tea tasting, artistic endeavor of its own Tantri Yuliandini, The Jakarta Post, Jakarta A woman steeps some tea leaves in boiling water in a small bowl. She uses a spoon to sip some of the liquid, and then quickly spits it out again. In the moments before she spat out the tea, the woman was able to make an accurate evaluation of it. The woman is Carlina Susanto, an expert tea taster of PT Gunung Slamet, the company producing Cap Botol, Poci and Super Sosro tea brands.

BCA's profit drops due to falling interest earnings

BCA's profit drops due to falling interest earnings Dadan Wijaksana, The Jakarta Post, Jakarta Bank Central Asia (BCA), the country's largest private bank, announced a 43 percent drop in first-quarter net profit, in what analysts said was further evidence of the sector's continued gloomy outlook.

National Police to take over cases

National Police to take over cases BANDUNG, West Java: National Police Headquarters will likely take over from the West Java Police the investigation of possible corruption cases in the provincial administration, according to an officer. The deputy chief of the directorate handling corruption cases, Sr. Comr. Marsudi, said the National Police planned the move because it was thought the provincial police were moving too slowly on the cases.

Four-year jail sought for two bankers

Four-year jail sought for two bankers JAKARTA: Prosecutors sought four-year-jail terms for two former officials from the now-defunct Bank Ficorinvest on Tuesday in connection with the alleged misappropriation of Bank Indonesia Liquidity Support Funds (BLBI). Prosecutor Bambang Riyadi Lani told the South Jakarta District Court that Supari Dhirdjoprawiro, the former president director of the bank, and S.

Parking is lucrative business

Parking is lucrative business Many are aware that roadside parking in Jakarta is a lucrative business, requiring relatively little outlay. No wonder many investors are reportedly interested in the business. The question is why the Jakarta administration is unable to manage the business, as the city has a special agency to deal with parking.

Students not keen National Library

Students not keen National Library JAKARTA: Most students are not interested in visiting the National Library, despite its huge collection of research material, library head Dady P. Rachmananta said at the opening of the library's three-day national working meeting on Monday. He said the library had 1.2 million books and added about 3,000 books to its collection each year. Only about 300 people visited the library each day.

Wealth auditors quiz Miranda

Wealth auditors quiz Miranda JAKARTA: The Public Servants Wealth Audit Commission (KPKPN) questioned on Tuesday the deputy governor of Bank Indonesia, Miranda S. Goeltom. The questioning was in response to a report about an alleged transaction of the bank's promissory notes by one of her daughters and a company reportedly owned by Miranda that she failed to report to the commission. Miranda, one of three candidates to become the central bank's governor, refused to comment on the questioning.

Cak Nur's bid for presidency hailed

Cak Nur's bid for presidency hailed Moch. N. Kurniawan, The Jakarta Post, Jakarta A leading political analyst and a politician have hailed noted Muslim intellectual Nurcholish Madjid's announcement that he will contest the 2004 presidential election, and his call for other independent figures to follow suit.

Avoid past mistakes if military option inevitabel

Avoid past mistakes if military option inevitabel Sidney Jones, Indonesia Project Director, International Crisis Group, Jakarta The government may have given Free Aceh Movement (GAM) an ultimatum on Monday to lay down its arms and accept autonomy or else, but in fact the "or else" has already begun. Both sides are mounting attacks, armed clashes are frequent, and there are no monitors in the field to document what's going on.