Indonesian Political, Business & Finance News

Archive: 13 May 2003

75 articles found

PM Mahathir invited to G-8 summit

PM Mahathir invited to G-8 summit Malaysian Prime Minister Mahathir Mohamad said on late Sunday he will attend a Group of Eight (G-8) summit in France, representing the 116 countries of the Non-Aligned Movement.

S&P raises Indonesia's rating, boosts sentiment

S&P raises Indonesia's rating, boosts sentimentTom Wright, Dow Jones, Jakarta Foreign investor sentiment toward Indonesia got a further boost Monday from a decision by Standard & Poor's to upgrade the country's credit rating by one notch.

Unlimited potential of telematics in cars

Unlimited potential of telematics in carsMahendra Gautama, Contributor, Jakarta Incorporating new technology in mass-produced automobiles has always been a risky business, because it is prone to a number of unpredictable external developments, especially, an adverse consumer response.

Aceh-based companies go about business as usual

Aceh-based companies go about business as usualFitri Wulandari and A'an Suryana, The Jakarta Post, Jakarta Amid heightened security ahead of a possible military operation in Aceh, key companies in the restive province said on Monday they were doing business as usual without increased security...

RI, Germany to sign loan deals

RI, Germany to sign loan deals JAKARTA: Three financing agreements will be signed by the German Development Bank (KfW group) with the Ministry of Finance on Wednesday during the visit of Chancellor Gerhard Schroeder here.Totaling euro 26 million (about US$30 million), the deals comprise euro 14.

`I'm afraid my children in Aceh are dead'

`I'm afraid my children in Aceh are dead' The war in Aceh seems unavoidable now after the government and the Free Aceh Movement (GAM) failed to reach a peaceful agreement. An estimated 30,000 Indonesian troops have been deployed to fight about 5,300 separatists.

House set to announce new

House set to announce new Bank Indonesia governor Dadan Wijaksana The Jakarta Post JakartaThe House of Representatives is scheduled to select the new governor of Bank Indonesia on Tuesday, following a "fit-and- proper test" of the three candidates that lasted until late on Monday.

Sutiyoso advised to protect Candra Naya building

Sutiyoso advised to protect Candra Naya buildingBambang Nurbianto, The Jakarta Post, Jakarta The city's Culture and Museum Agency has recommended that Governor Sutiyoso not issue a permit for the demolition of the Candra Naya building on Jl.

Rupiah Rates MAy.12

Rupiah Rates MAy.12 Banknote rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp Australian dollar 1 5,817.60 5,165.41 5,520.72 5,462.05 Brunei dollar 1 5,180.08 4,601.58 4,915.73 4,865.85 Canadian dollar 1 6,477.34 5,751.48 6,146.80 6,081.78 Swiss franc 1 6,874.76 6,106.43 6,523.94 6,457.

`Smiling bomber' finally gets day in court

`Smiling bomber' finally gets day in courtWahyoe Boediwardhana, The Jakarta Post, Denpasar, Bali The first trial of a Bali bombing suspect began on Monday under extremely tight security, with prosecutors charging Amrozi bin Nurhasyim, the so-called "smiling terrorist", with plotting the attack.

Heavy rain causes flood on Jl. Subroto

Heavy rain causes flood on Jl. Subroto JAKARTA: Heavy rain in Jakarta on Monday afternoon caused flooding on Jl. Gatot Subroto from the State Logistics Agency (Bulog) building to the Ministry of Trade and Industry, where floodwater reached the top of car tires.

Oil prices rally as OPEC expected to cut output

Oil prices rally as OPEC expected to cut outputSujata Rao, Reuters, London World oil prices rose to their highest levels in almost three weeks on Monday as expectation mounted that OPEC will agree to cut output when it meets in June.

Megawati tells candidates to work hard to win election

Megawati tells candidates to work hard to win electionFabiola Desy Unidjaja, The Jakarta Post, Jakarta President Megawati Soekarnoputri told members of the Indonesian Democratic Party of Struggle (PDI Perjuangan) on Monday to work hard to win the 2004 elections.

Retailers still remember May tragedy five years later

Retailers still remember May tragedy five years laterArya Abhiseka, The Jakarta Post, Jakarta Five years ago, Ibu Linda and her four daughters did not leave their home throughout the horrifying incidents of the May riots that triggered the downfall of despot Soeharto, especially after she had heard...

Seizing illegal pets an uphill challenge

Seizing illegal pets an uphill challengeBambang M, Contributor, Yogyakarta "I can't accept this. I'm really disappointed. This is not democratic at all. You are forcing your will on me," said Sutedjo when members of a joint team made up of Yogyakarta Natural Resources Conservation Center,...

AIDS, business: The next RI crisis

AIDS, business: The next RI crisisRichard Howard, Private Sector Programs, Family Health International, Jakarta Indonesian businesses will feel the impact of HIV/AIDS more than any other segment of society.

Rupiah Rates MAy.12

Rupiah Rates MAy.12 Banknote rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp Australian dollar 1 5,817.60 5,165.41 5,520.72 5,462.05 Brunei dollar 1 5,180.08 4,601.58 4,915.73 4,865.85 Canadian dollar 1 6,477.34 5,751.48 6,146.80 6,081.78 Swiss franc 1 6,874.76 6,106.43 6,523.94 6,457.

* We must exhaust all nonmilitary efforts in Aceh -- Page

* We must exhaust all nonmilitary efforts in Aceh -- Page * Generations of Acehnese born amid war -- Page 3 * Aceh peace deal remains in effect: HDC -- Page 3 * TNI asks for Rp 1.23t for Aceh -- Page 3 * Aceh-based companies go about business as usual -- Page 3 * Indonesia versus GAM: A diplomatic...

1. Palu: 10 x 4 lines

1. Palu: 10 x 4 linesArrest of clergyman engineered: Witness2. Mati: 22 x 2 linesKenyan faces death sentence for possession of heroin3. Pilgub: 24 x 2 linesWest Java to go ahead with gubernatorial election

Where to go in Bandung for Tuesday, May 13, 2003

Where to go in Bandung for Tuesday, May 13, 2003Exhibitions* Science Le riz qui nourrit le monde (Padi, pangan yang menghidupi dunia), CCF - French Cultural Center, Jl. Purnawarman 32 (Tel. 022 4212417), until May 16. * Painting Horison Terasing, by Deden Sambas, Selasar Sunaryo Art Space, Jl.

Muhammadiyah opens center in Yogya

Muhammadiyah opens center in Yogya YOGYAKARTA: The country's second largest Muslim organization, Muhammadiyah, opened a study center here on Monday to provide information on the organization and its role in the Muslim community.

JP/3/HASBA2

JP/3/HASBA2We must exhaust all non-military efforts for Aceh Hasballah M. Sa'ad The integrity of the republic for many, with regard to the problem of Aceh is not an issue; it is that of how one maintains it.

MUI's concern: Why only Inul?

MUI's concern: Why only Inul?From Koran TempoRecently, the central board of the Indonesian Council of Ulemas (MUI) stated that the gyrating movements of singer Inul were forbidden on a religious basis. In the council's opinion, Inul, known as the Queen of Gyrating Movement, gyrates her hips in a...

Bukit Asam to begin laying off employees

Bukit Asam to begin laying off employeesA'an Suryana, The Jakarta Post, Jakarta Publicly listed coal mining company PT Tambang Batubara Bukit Asam Tbk will gradually lay off a total of 364 employees beginning later this year, as its Ombilin coal mine operation in West Sumatra would be shut down in...

We must exhaust all non-military efforts for Aceh

We must exhaust all non-military efforts for Aceh On May 9 The Jakarta Post held a panel discussion on Aceh with former Indonesian Military (TNI) general affairs chief Lt. Gen. (ret) Suadi Marasabessy, former state minister of human rights Hasballah M.

2 x 21

2 x 21 SP gets new management, ex-CEO vows to retain post 1 x 39 Germany's Schroeder woos Southeast Asia JP/2/FAMILY1 x 30 Family resigned to fate of Amrozi JP/2/TRAGEDY1 x 46 May riot victims yearn for justice after five years

Indonesia versus GAM: A diplomatic puzzle

Indonesia versus GAM: A diplomatic puzzleTeuku Faizasyah, Ph.D. Candidate, Diplomatic History and Conflict Resolution, Waikato University, Hamilton, New Zealand The hardening position of the Indonesian government over the recalcitrant Free Aceh Movement (GAM) raises the question: Is a peaceful...

Woman quizzed for suspicious item

Woman quizzed for suspicious item JAKARTA: The city police is still questioning a 25-year-old woman who was arrested on Saturday night at the Jakarta police headquarters carrying material suspiciously resembling a pipe bomb.

Political parties and farmers' lot

Political parties and farmers' lotFrom Suara KaryaOver 200 political parties are now getting ready to participate in the 2004 general election. They have begun mobilizing funds and followers, both openly or otherwise.

Burhanuddin selected as new BI governor

Burhanuddin selected as new BI governorThe Jakarta Post, Jakarta House of Representatives Commission IX on banking has selected Burhanuddin Abdullah as the new governor of Bank Indonesia to replace Sjahril Sabirin, following a "fit-and-proper test" of the three candidates that lasted until Monday...

Welcome Herr Schroeder

Welcome Herr Schroeder German Chancellor Gerhard Schroeder arrives in Indonesia tonight (Tuesday) as part of his four-nation tour of Southeast Asian countries to boost political and trade ties with the region.

Aceh quiet on day of government deadline

Aceh quiet on day of government deadlineNani Farida and Zakki Hakim, The Jakarta Post, Banda Aceh/Jakarta Bowing to instructions from the separatist Free Aceh Movement (GAM), most Acehnese went on strike a day before the government was expected to announce its intention to launch a military...

1. ACEH: 1 x 27

1. ACEH: 1 x 27 War looms large in Aceh 2. STRIKE: 1 x 40 Aceh quiet on day of government deadline 3. AMROZI: 1 x 45 'Smiling' Bali bomb suspect faces court OR 'Smiling bomber' finally gets day in court 4. SARS: 2 x 22 RI maids fired after contracting SARS in HK

1. Sutiyoso - 4x12

1. Sutiyoso - 4x12 Bawasda says no corruption in population agency 2. Riots- 2x 25 Retailers still remember May tragedy five years later May tragedy still put retailers on alert 3. Candra - 1x 40 Sutiyoso advised to protect Candra Naya 4. Speak - 2x20 'I'm afraid my children in Aceh are dead'

War looms large in Aceh

War looms large in AcehFabiola Desy Unidjaja and Kurniawan Hari, The Jakarta Post, Jakarta The likelihood of war is growing in Aceh as the deadline passed for the Free Aceh Movement (GAM) separatist group to drop its demands for independence and disarm in order to save a fragile peace accord in the...

Pests attack paddy in West Lombok

Pests attack paddy in West Lombok MATARAM, West Nusa Tenggara: At least 95 hectares of paddy fields are infested with pests in West Lombok regency, West Nusa Tenggara, causing harvest failure and depriving local farmers of an income.

Turtle population in Sorong drops

Turtle population in Sorong drops JAYAPURA, Papua: The population of a rare turtle species in the Jamursba Medi coastal area in Sorong, Papua, has dropped to less than 500, a World Wide Fund for Nature (WWF) finding has revealed.

2. Mega ( 2 x 24)

2. Mega ( 2 x 24) Mega tells candidates to work hard to win election 3. Sukhoi (1 x 40) House to summon Bulog chief over Sukhois

[b]

The new world order in Iraq after the war Hilman Adil Indonesian Institute of Sciences (LIPI) Jakarta hilman_adil@hotmail.com 2. ALAZHAR -- Govt needs to make known criteria for passing exams 1 X 30 Tougher standards for new exams Syamsir Alam Center for International Education Universitas Al...

Astra Agro to sell non-core businesses

Astra Agro to sell non-core businessesM. Taufiqurrahman, The Jakarta Post, Jakarta Shareholders of publicly-listed crude palm oil producer PT Astra Agro Lestari decided on Monday to proceed with a plan of divesting the company's non-core businesses.

The new world order in Iraq after the war

The new world order in Iraq after the warHilman Adil, Indonesian Institute of Sciences (LIPI), Jakarta, hilman_adil@hotmail.com One of the most notable features of international politics after Sept. 11 is how the United States has become both dominant and isolated.

Stock quotations on JSX

Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on May 12, 2002:-------------------------------------------------------------- Shares Close Change Trading Volume -------------------------------------------------------------- Abdi Bangsa Tbk 275 0 0 Ades Alfindo Tbk...

Illegal logger shot dead in Kerinci park

Illegal logger shot dead in Kerinci park JAMBI, Jambi: One man was shot dead in a scuffle between police and a group of illegal loggers in the Kerinci Seblat National Park (TNKS) in Jambi, local police announced on Monday.Adj. Sr. Comr.

Death could await Kenyan in court on drug charges

Death could await Kenyan in court on drug chargesThe Jakarta Post, Jakarta A Kenyan is facing the possibility of death row at the Medan District Court for reportedly attempting to smuggle 870 grams of heroin into the country from Malaysia last October.

Family resigned to fate of Amrozi

Family resigned to fate of Amrozi Residents in this small village of Tenggulun in Lamongan regency, East Java province, were glued to their TV sets on Monday as fellow villager Amrozi went on trial before the eyes of the world for the Bali bombings.

Arrest of clergyman engineered, witness says

Arrest of clergyman engineered, witness saysErick W., The Jakarta Post, Palu, Central Sulawesi Prof. J. E. Sahetapy, an expert witness in the trial of minister Rinaldy Damanik, told the Palu District Court the police engineered the arrest of the defendant.

Let the law do its work

Let the law do its work For many people, these are the trials of the century. And we should respect them, and treat them accordingly.The trial of Amrozi in Denpasar, which got underway on Monday, is the first of many that will be conducted in the Bali capital in the coming weeks in connection with...

1. INSIGHT: 1 x 50

1. INSIGHT: 1 x 50 We must exhaust all nonmilitary efforts in Aceh 2. SAAD: 1 x 40 Generations of Acehnese born amid war 3. COHA: 1 x 40 Aceh peace deal remains in effect: HDC 4. HOUSE: 1 x 30 TNI asks for Rp 1.23t for Aceh 5. EXXON: 1 x 47 Aceh-based companies go about business as usual

Lautan Luas to issue Rp 300b worth of bonds

Lautan Luas to issue Rp 300b worth of bondsEvi Mariani, The Jakarta Post, Jakarta PT Lautan Luas, a publicly listed chemical manufacturing and distribution company, will issue seven-year bonds worth Rp 300 billion (US$33 million) with fixed and floating interest rates.

Catering to more hedonistic customers

Catering to more hedonistic customersRoy Goni, Contributor, Jakarta For almost two decades, American car manufacturers have been struggling to narrow the quality gap with their competitors.A consumer report in Auto Survey 2001 revealed that the level of the defect ratio in the American automotive...

UI to open classes for nurses

UI to open classes for nurses JAKARTA: The School of Nursing at the University of Indonesia (UI) is offering nurses diploma or extension programs.The diploma program is offered to nursing graduates while those who already have diplomas can earn a degree by attending the extension program.

Finansa to launch $50m in distressed Asian assets fund

Finansa to launch $50m in distressed Asian assets fundDow Jones BangkokThailand-based financial group Finansa PCL is planning to launch within two months a new fund that will invest in distressed assets throughout Asia, with an initial target size of US$50 million, Finansa Chairman Eugene Davis...

Artists make disability a state of mind

Artists make disability a state of mindIngvild Solvang, Contributor, Jakarta Norwegian painter Ivar Jordre may be living proof that physical disability is a state of mind and a technological challenge rather than a physical problem.

TV Program: Tuesday, May 13, 2003

TV Program: Tuesday, May 13, 2003TVRI .TB.30" .90" 5:00 a.m. Religious Teachings6:00 News: Berita Pagi7:00 English News Service9:00 Music11:00 News: Berita Daerah11:30 Music: Konteswara 12:00 p.m. News: Berita Siang1:00 Talk Show: Konsultasi Keluarga 2:00 News: Metro Indonesia2:30 Music: Pop Daerah...

SP gets new management, ex-CEO vows to retain post

SP gets new management, ex-CEO vows to retain postM. Taufiqurrahman, The Jakarta Post, Jakarta The country's largest cement producer, publicly listed PT Semen Gresik, decided on Monday to oust the rebellious top executives of its West Sumatra-based subsidiary PT Semen Padang, who have been fighting...

Residents block Jl. Ciputat Raya

Residents block Jl. Ciputat Raya TANGERANG: Hundreds of Ciputat residents blocked off Jl. Ciputat Raya for almost three hours on Monday to protest the construction of a welcome gate by the Jakarta administration in the regency, about 200 meters from the border of Jakarta and Tangerang.

Ban on import

Ban on import of used clothes From Warta Kota The Department of Industry and Commerce seems to have made every effort to ban the importation of used clothes into the country. They have even burned bales of imported secondhand clothes recently, arguing that they were potentially contaminated with...

Veteran up for SEA Games selection

Veteran up for SEA Games selectionMusthofid, The Jakarta Post, Jakarta Despite calls to inject new blood, the Indonesian Gymnastics Association (Persani) have backed 33-year-old Jonathan Sianturi for inclusion in the team for the upcoming Southeast Asian (SEA) Games in Vietnam.

Panwaslu and Police sign MOU

Panwaslu and Police sign MOU JAKARTA: The General Elections Supervisory Committee (Panwaslu) and National Police signed on Monday a Memorandum of Understanding over the establishment of district election supervisory bodies.

House to summon Bulog chief over Sukhois

House to summon Bulog chief over SukhoisKurniawan Hari, The Jakarta Post, Jakarta House of Representatives Commission I for defense and foreign affairs will summon Minister of Industry and Trade Rini Soewandi and State Logistics Agency (Bulog) chief Widjanarko Puspoyo to shed light on the...

West Java to go ahead with gubernatorial election

West Java to go ahead with gubernatorial electionYuli Tri Suwarni, The Jakarta Post, Bandung West Java will go ahead with the gubernatorial election scheduled for May 10, although the central government has yet to approve the two gubernatorial candidates to contend the election, says a legislator.

May riot victims yearn for justice after five years

May riot victims yearn for justice after five yearsTertiani ZB Simanjuntak, The Jakarta Post, Jakarta Five years is not enough to heal the wounds of the victims of the May 13 and May 14 riots, which paralyzed the capital and other cities and took more than 1,200 lives across the country, as no one...

Banks still reluctant to boost loans, BI says

Banks still reluctant to boost loans, BI saysDadan Wijaksana, The Jakarta Post, Jakarta Bank Indonesia acknowledged on Monday that the country's banking sector had been slow in channeling new loans to the real sector despite a drop in the central bank benchmark interest rate.

Generations of Acehnese born amid war

Generations of Acehnese born amid war Let's review Aceh's past a bit. From 1942 to 1945, it was all war, first with the Japanese ... then from 1945 to 1947 it was a civil war, the Cumbok war, between the hulubalang and the ulema; in 1948, tens of thousands of young Acehnese men fought the Allies...

Indonesian maids sacked after contracting SARS in Hong Kong

Indonesian maids sacked after contracting SARS in Hong Kong At least two Indonesian domestic helpers were fired by their employers in Hong Kong after they contracted Severe Acute Respiratory Syndrome (SARS), a migrant association said on Monday.

Tougher standards for new exams

Tougher standards for new examsSyamsir Alam, Center for International Education, Universitas Al Azhar Indonesia, Jakarta This year's school final exams may be a decisive moment for the Ministry of National Education in its efforts to improve education in the country.

TNI asks for Rp 1.23t for Aceh

TNI asks for Rp 1.23t for AcehKurniawan Hari, The Jakarta Post, Jakarta The Indonesian Military (TNI) has asked for Rp 1.23 trillion (US$143 million) to finance a six-month operation in Aceh."It will be used to finance the needs of soldiers, maintenance of military equipment and other facilities,"...

Aceh peace deal remains in effect: HDC

Aceh peace deal remains in effect: HDCFabiola Desy Unidjaja, The Jakarta Post, Jakarta Even if the Indonesian government goes ahead with its planned military operation in Aceh, the Cessation of Hostilities Agreement (COHA) signed last year between Jakarta and the Free Aceh Movement (GAM) will...

Bawasda says no corruption in population agency

Bawasda says no corruption in population agencyBambang Nurbianto, The Jakarta Post, Jakarta The head of the City Audit Agency (Bawasda) has said that his office did not find any indications of corruption in the Population and Civil Registration Agency, which was reported to be one of the agencies...

Judges allow private lawsuit

Judges allow private lawsuit JAKARTA: In a landmark decision the Central Jakarta District Court has allowed a private lawsuit to be heard in court.Monday's decision was taken by a panel of three judges led by Andi Samsan Nganro in response to a lawsuit filed by a group of plaintiffs, including...

Yayak caught between two worlds

Yayak caught between two worldsZora Rahman, Contributor, Cologne, Germany "Salam Merdeka" (greetings to freedom), Yayak Yatmaka will call out at every visitor climbing up the stairs to his apartment. His strong voice, sharp glare and long gray hair and beard emphasize the strong personality of the...

New team set up to discuss controversial education bill

New team set up to discuss controversial education billMoch. N. Kurniawan, The Jakarta Post, Jakarta Members of the House of Representatives (DPR) Commission VI for education accepted on Monday the education bill deliberated by a special House committee, paving the way for its endorsement next week.

We must exhaust all nonmilitary efforts in Aceh

We must exhaust all nonmilitary efforts in Aceh On May 9 The Jakarta Post held a panel discussion on Aceh with former Indonesian Military (TNI) general affairs chief Lt. Gen. (ret) Suadi Marasabessy, former state minister of human rights Hasballah M.

Germany's Schroeder woos Southeast Asia

Germany's Schroeder woos Southeast Asia German Chancellor Gerhard Schroeder began Europe's courtship of Southeast Asia on Monday, meeting Malaysian Prime Minister Mahathir Mohamad for talks aimed at building economic and political ties.

Education bill

Education bill unrealisticFrom KompasThe national education bill has caused quite a stir in society, with the introduction of Article 13 paragraph (1)a requiring the teaching of different religious subjects.