Indonesian Political, Business & Finance News

Archive: 19 June 2003

92 articles found

Pertamina to become limited company

Pertamina to become limited company M. Taufiqurrahman, The Jakarta Post, Jakarta The government has granted its approval for state oil and gas company Pertamina to become a limited liability company, paving the way for its privatization in 2006, a government official said on Wednesday. State Secretary Bambang Kesowo told reporters that he was informed that President Megawati Soekarnoputri had signed the decree on the matter on Wednesday morning.

'Uncertainty over investment law deters investment'

'Uncertainty over investment law deters investment' Adianto P. Simamora, The Jakarta Post, Jakarta Despite the improving political stability and strengthening macroeconomic indicators, many foreign investors remain reluctant to make new investments in the country due to uncertainty over the issuance of a long-awaited new investment law, Chairman of the Investment Coordinating Board (BKPM) Theo Toemion said.

Kenyan gets 15 years

Kenyan gets 15 years MEDAN, North Sumatra: The Medan District Court sentenced Joseph Karanja Kamau, a 32-year-old Kenya citizen, to 15 years in prison after he was found guilty of trafficking 73 capsules of heroin weighing 800.15 grams. The verdict, which was read out by presiding judge Anwar Zahri, was more lenient than the prosecutor's demand of the death penalty. Prosecutor Mardiana Sianturi filed an appeal. The defendant expressed his relief upon hearing the verdict.

MPR annual session to cost Rp 20 billion

MPR annual session to cost Rp 20 billion Kurniawan Hari, The Jakarta Post, Jakarta The 700-member People's Consultative Assembly (MPR) is slated to convene for its annual session from Aug. 1 to Aug. 10, costing taxpayers at least Rp 20 billion (US$2.4 million) in the process. Last year the session shaved Rp 19.5 billion off the state budget on various expenditures, including accommodation in five- star hotels and spending money for the Assembly members.

1. FOREIGN: 3 x 21

1. FOREIGN: 3 x 21 'Restricting foreign journalists in Aceh counterproductive' 2. GURU: 1 x 35 Teachers told to go to safe areas 3. EVALUATION: 'Focus on humanitarian operation' 4. SWEDEN: 1 x 42 Sweden expected to act against GAM leaders 5. MINING: 1 x 40 Mining in protected forests under fire

18 justices sworn in amid criticism

18 justices sworn in amid criticism JAKARTA: Supreme Court chief Bagir Manan swore in 18 justices on Wednesday amid public criticism at the credibility of some of them. Bagir raised the issue by asking the newly installed justices to "prove to the public that they have both capability and integrity." "If you have done wrong in the past, I want you to prove that you will not repeat the same mistakes, and give your best to justice seekers," he said.

'I feel apathetic about problems with the city'

'I feel apathetic about problems with the city' The city's 476th anniversary is celebrated with various activities intended to entertain all the city's residents. However, not all residents are enthusiastic as it is deemed a waste of money. Some shared their feelings with The Jakarta Post. Cahyo, 34, is an employee with a private company on Jl. Radio Dalam, South Jakarta. He lives in Pamulang, Tangerang, with his wife and daughter: I have been living in Jakarta since I was at junior high school.

Health workers to help eradicate diseases

Health workers to help eradicate diseases Sari P. Setiogi, The Jakarta Post, Jakarta The Ministry of Health will deploy up to 80,000 medical workers in 76,000 villages next year across the country to support the government program to eradicate communicable diseases and improve community health. "The health workers could be medical attendants or nurses.

Kenyan gets 15 years

Kenyan gets 15 years MEDAN, North Sumatra: The Medan District Court sentenced Joseph Karanja Kamau, a 32-year-old Kenya citizen, to 15 years in prison after he was found guilty of trafficking 73 capsules of heroin weighing 800.15 grams. The verdict, which was read out by presiding judge Anwar Zahri, was more lenient than the prosecutor's demand of the death penalty. Prosecutor Mardiana Sianturi filed an appeal. The defendant expressed his relief upon hearing the verdict.

Acehnese tell of forced evacuations

Acehnese tell of forced evacuations The Jakarta Post, Pidie/Jakarta While in most parts of Aceh people seek shelter to get away from the frequent gunfights between government troops and Free Aceh Movement (GAM) fighters, hundreds of residents in Pidie have been displaced following a military search for rebels. Muara Tiga district chief Asiah said on Wednesday over 360 local people had been hiding in the forest of a nearby hill for the last four days to escape the military sweeps.

~Editorial: RIGHTS BODY'S PROFESSIONALISM

~Editorial: RIGHTS BODY'S PROFESSIONALISM Waging a war and protecting human rights at the same time are two difficult works -- difficult because they are by nature contradictory. The government has decided to launch a military operation in Aceh province. This decision is full of risks in terms of human rights protection, the focus of the country's National Commission on Human Rights.

BII to use profit for plugging earnings deficit

BII to use profit for plugging earnings deficit Rendi A. Witular, The Jakarta Post, Jakarta Bank Internasional Indonesia (BII) announced that it would not distribute dividends from its 2002 net profit this year, as the fund would be entirely used to plug the bank's retained earnings deficit of Rp 16.1 trillion (US$1.9 billion).

Higher education: Balancing financial need and fairness

Higher education: Balancing financial need and fairness Ardimas Sasdi, Staff Writer, The Jakarta Post, Jakarta, ardimas@thejakartapost.com Several leading state-run universities have finally embarked on a bold, forward looking but controversial step towards self- reliance in finance, with a launch of a new selection system for students at undergraduate level.

'Plans to list Minamas on track'

'Plans to list Minamas on track' Dow Jones, Kuala Lumpur Malaysian plantation group Kumpulan Guthrie Bhd. on Wednesday said plans to list its Indonesian unit are on track given the unit's improved pretax profit and production levels. Kumpulan Guthrie Chief Executive Abdul Khalid Ibrahim said 2002 pretax profit at its Indonesia-based Minamas Plantations, was up 30 percent over 2001, at 57 million ringgit.

City buys 60 buses without holding tender

City buys 60 buses without holding tender Bambang Nurbianto, The Jakarta Post, Jakarta Officials of the city administration revealed on Wednesday that they are purchasing 60 buses for the busway system without holding a tender, which is a violation of a presidential decree on the procurement of goods and services for government agencies.

~November 2001

~November 2001 The House of Representatives endorses the new oil and gas bill in a bid end Pertamina's decades-long control of the country's oil and gas industry. August 2002 The government establishes BP Migas to take over Pertamina's control of the upstream sector. December 2002 The government issues a decree to establish Badan Pengatur to take over Pertamina's control of the downstream sector June 2003 The government issues a regulation to transform Pertamina into a limited liability company.

RI eyes countertrade with Vietnam

RI eyes countertrade with Vietnam JAKARTA: Indonesia hopes to strike a countertrade deal with Vietnam for investments in Vietnam's fertilizer industry in return for rice and sugar imports, a senior government official told reporters Wednesday.

Managing pluralism central to Indonesian democracy

Managing pluralism central to Indonesian democracy Democracy remains something of a novelty in pluralistic Indonesia. Robert W. Hefner, professor of anthropology at Boston University, talked with The Jakarta Post's Soeryo Winoto on the country's efforts to ensure that democracy takes root here.

[i]Mooryati Soedibyo, president of publicly-listed herbal and

Mooryati Soedibyo, president of publicly-listed herbal and traditional cosmetics company PT Mustika Ratu, represented Indonesia in the third annual World Entrepreneur of the Year 2003 awards in Monte Carlo, Monaco, from June 5 to June 8.

'Dust showers' defeat health officials

'Dust showers' defeat health officials Zakki Hakim, The Jakarta Post, Jakarta Air pollution in a residential area near Pulo Gadung industrial estate is severe, with residents experiencing respiratory and skin problems, said officials at a community health center (Puskesmas) in Rawa Terate subdistrict, East Jakarta. The pollution is so bad that medical workers at the Puskesmas can only bear to work up until about 12 p.m.

Journalist assaulted by govt employee

Journalist assaulted by govt employee MANADO, North Sulawesi: A journalist working for the Manado Post, Peggy Sampouw, 24, was allegedly assaulted by a civil servant at the Manado mayoralty office on Tuesday. "Samadi, a civil servant at the mayoralty office, hit my face three times. He shouted while he was hitting me not to run 'certain articles'," Peggy told fellow journalists after reporting the case to the Manado Police. Peggy suffered bleeding and bruising to her lips.

Great River's sales drop 34%

Great River's sales drop 34% JAKARTA: Publicly listed textile maker PT Great River Indonesia (GRI) reported that the company's total sales fell 34 percent to Rp 440.2 billion (US$53.6 million) last year, from Rp 665 billion in 2001. However, its net profit rose to Rp 925.2 billion last year, from a loss of Rp 375.5 billion in the previous year. The huge leap into the black was thanks to "the success in debt restructuring", the company said, without providing details.

Military and police resists probe into May riots

Military and police resists probe into May riots Muninggar Sri Saraswati, The Jakarta Post, Jakarta Investigation into human rights violations during May 1998 riots has met with strong resistance from military and police officers allegedly involved in the incident. Only police officer Sr. Comr. Arthur Damanik has so far complied with the summons issued by the National Commission on Human Rights (Komnas HAM) ad hoc team for the riots.

Dumai Group denies

Dumai Group denies An article published in the June 9, 2003 issue of The Jakarta Post, Palm oil waste kills thousands of fish, regarded PT Surya Dumai Group as the source of pollution of Kuning River (a tributary of Siak River) that killed thousands of fish.

4. May ( 1 x 36)

4. May ( 1 x 36) TNI, police resist probe into May riots 5. MPR (1 x 40) MPR annual session to cost Rp 20 billion

TV Program: Thursday, June 19, 2003

TV Program: Thursday, June 19, 2003 .TB.30" .90" TVRI 6:00 a.m. News: Berita Pagi 7:00 English News Service 9:00 Music 11:00 News: Berita Daerah 12:00 p.m. News: Berita Siang 1:00 Talk Show: Konsultasi Keluarga 2:00 News: Metro Indonesia 3:00 Music 4:30 Documentary 6:00 News: Berita Petang 7:00 Variety Show: Ekspresi Gaya Pelajar 8:00 Music: Birunya Permata 9:00 News: Berita Malam 9:30 Music: Dangdut Pro 11:00 Talk Show: Bincang Malam TPI 6:00 a.m.

_____________________________________________________________________________________

_____________________________________________________________________________________ Rupiah Rates June 18 _____________________________________________________________________________________ Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 5,834.62 5,159.97 5,526.72 5,467.64 Brunei dollar 1 5,035.60 4,454.09 4,769.87 4,719.67 Canadian dollar 1 6,497.35 5,748.21 6,154.48 6,090.95 Swiss franc 1 6,649.85 5,881.72 6,298.93 6,232.43 Danish krone 1 1,381.73 1,221.90...

FOR GENERAL ISSUE: SHOPPING CENTER

FOR GENERAL ISSUE: SHOPPING CENTER New malls continue to mushrooming in Jakarta Sudibyo M. Wiradji The Jakarta Post Jakarta A number of shopping malls in Jakarta will open their doors to the public next year and some others in 2005 following the successful opening of several shopping centers in the capital early this year.

FOR GENERAL ISSUE: SHOPPING CENTER

FOR GENERAL ISSUE: SHOPPING CENTER New malls continue to mushrooming in Jakarta Sudibyo M. Wiradji The Jakarta Post Jakarta A number of shopping malls in Jakarta will open their doors to the public next year and some others in 2005 following the successful opening of several shopping centers in the capital early this year.

1. ACEH: 1 x 28

1. ACEH: 1 x 28 U.S. pressures RI over Aceh 2. REFUGEE: 1 x 36 Acehnese tell of forced evacuations 3. BECKHAM: 1 x 42 Beckham leaves United to join Real Madrid

Australian dies outside apartment

Australian dies outside apartment An Australian citizen was found dead on Wednesday morning in front of his apartment on the 10th floor of Senopati Apartments, Jl. Senopati, Kebayoran Baru, South Jakarta, reportedly due to a heart attack. The Australian, Michael Graham Lee, wearing pajamas and slippers, was found at around 6 a.m. by Ruslan, a driver of another tenant, whose room is next to Lee's.

RP links JI leader to 2000 bombings

RP links JI leader to 2000 bombings Agencies, Manila An Indonesian leader of the al-Qaeda-linked Jamaah Islamiyah (JI) network funded religious militants blamed for deadly bomb attacks in Manila in 2000, Philippine prosecutors said on Wednesday. They said they were collecting more evidence to see whether Riduan Isamuddin -- also known as Hambali -- could be prosecuted over the deaths of more than 20 people in the bombing of a train and other targets in the Philippine capital on Dec. 30, 2000.

TV Program: Thursday, June 19, 2003

TV Program: Thursday, June 19, 2003 .TB.30" .90" TVRI 6:00 a.m. News: Berita Pagi 7:00 English News Service 9:00 Music 11:00 News: Berita Daerah 12:00 p.m. News: Berita Siang 1:00 Talk Show: Konsultasi Keluarga 2:00 News: Metro Indonesia 3:00 Music 4:30 Documentary 6:00 News: Berita Petang 7:00 Variety Show: Ekspresi Gaya Pelajar 8:00 Music: Birunya Permata 9:00 News: Berita Malam 9:30 Music: Dangdut Pro 11:00 Talk Show: Bincang Malam TPI 6:00 a.m.

Manulife, StanChart offer mutual fund

Manulife, StanChart offer mutual fund JAKARTA: PT Manulife Aset Manajemen Indonesia and Standard Chartered (StanChart) bank will jointly launch a mutual fund that some expect could return about 12.5 percent per annum. Eighty percent of the fund will be invested in government bonds and 20 percent in other money market instruments.

Australian dies outside apartment

Australian dies outside apartment An Australian citizen was found dead on Wednesday morning in front of his apartment on the 10th floor of Senopati Apartments, Jl. Senopati, Kebayoran Baru, South Jakarta, reportedly due to a heart attack. The Australian, Michael Graham Lee, wearing pajamas and slippers, was found at around 6 a.m. by Ruslan, a driver of another tenant, whose room is next to Lee's.

Legislators star in HIV/AIDS ads

Legislators star in HIV/AIDS ads JAKARTA: Some legislators participated in the shooting of video advertisements about HIVAIDS on Wednesday. The ads also featured actress Nurul Arifin, while the shooting location was the House of Representatives (DPR) compound.

Teijin eyes Indonesia for relocation

Teijin eyes Indonesia for relocation Dow Jones, Tokyo Teijin Ltd. will transfer production of a clothing-use stretchable filament from Japan to Indonesia, the Nihon Keizai Shimbun reported in its Wednesday morning edition. The company plans to move equipment used to produce the filament by the end of September and then begin production in Indonesia in November, the financial daily reported. Teijin aims to cut costs for the product, which as a clothing- use filament is a low-profit material.

Legislators star in HIV/AIDS ads

Legislators star in HIV/AIDS ads JAKARTA: Some legislators participated in the shooting of video advertisements about HIVAIDS on Wednesday. The ads also featured actress Nurul Arifin, while the shooting location was the House of Representatives (DPR) compound.

Papua demands fair royalties

Papua demands fair royalties From Bisnis Indonesia The recent complaint lodged by Papua's Puncak Jaya regional administration regarding its royalties from PT Freeport Indonesia should get a fair and wise response from the government, because the demand is valid.

Free speech on Aceh curtailed

Free speech on Aceh curtailed Ati Nurbaiti, Staff Writer, The Jakarta Post, Jakarta An alarming trend is unfolding before our eyes -- the closing of ranks on the Aceh issue with overwhelming public support for the "integrated operation", while it will be difficult for varying views to emerge if the media cannot quickly overcome the constraints facing the need for balanced coverage.

2. Oil

2. Oil 2 x 24 Shell squeezed in Brunei- Malaysia offshore oil dispute 3. Spam 1 x 45 Microsoft files court actions against spammers 4. IT 2 x 22 Oracle boosts hostile PeopleSoft bid to $6.3b

;JP;

;JP; ANPAv..r.. Photo-shopping-mall Photo caption JP/R. Berto Wedhatama ALL THAT GLITTERS...: The newly opened Kelapa Gading mall in North Jakarta offers another shopping outlet for people in the capital. More shopping malls are scheduled to open next year to cater to the growing demand for modern retail outlets.

'Restricting foreign journalists in Aceh counterproductive'

'Restricting foreign journalists in Aceh counterproductive' Muninggar Sri Saraswati, The Jakarta Post, Jakarta The government's restrictive policy on the presence of foreign journalists in covering the military offensive in Aceh could disrupt its own efforts to wage a clean war in the violence-torn province, says a press observer.

Old and rare books in high demand at library expo

Old and rare books in high demand at library expo Tertiani ZB Simanjuntak, The Jakarta Post, Jakarta The busiest stand so far at the 2003 Jakarta Library and Book Expo at the Jakarta Convention Center has proven to be one selling old and rare books. "I have sold over 100 books today," the stand owner, Syamsuddin Efendi Siregar, told The Jakarta Post on Wednesday, three hours after the five-day expo was opened at 10 a.m.

Great River's sales drop 34%

Great River's sales drop 34% JAKARTA: Publicly listed textile maker PT Great River Indonesia (GRI) reported that the company's total sales fell 34 percent to Rp 440.2 billion (US$53.6 million) last year, from Rp 665 billion in 2001. However, its net profit rose to Rp 925.2 billion last year, from a loss of Rp 375.5 billion in the previous year. The huge leap into the black was thanks to "the success in debt restructuring", the company said, without providing details.

'Battle of Wits'

'Battle of Wits' The Battle of Wits, which is aired on TVRI every Thursday from 7 p.m. to 8 p.m., is a really good educational program. It is extremely suitable for students, since it broadens their horizons and provides current information about public issues. Moreover, those who are learning English can benefit from the program as the lively arguments and debates from enthusiastic participants can help build their vocabulary and provide them with new expressions.

Two charged for sex slavery of RI girls

Two charged for sex slavery of RI girls AUSTRALIA: Australian police have charged two people with turning three Indonesian women into sex slaves as the government came under mounting pressure to stamp out an industry estimated to involve 1,000 women nationwide. A court heard on Wednesday that the three were lured with the offer of jobs in bars or restaurants but then made to work as prostitutes. The charges were the first under Australian anti-sex slave laws introduced in 1998.

Opposition apologizes for pig cartoon

Opposition apologizes for pig cartoon MALAYSIA: Threatened with a government investigation, the fundamentalist Pan-Malaysia Islamic Party has publicly apologized for publishing an editorial cartoon likening Prime Minister Mahathir Mohamad to a pig. The cartoon, a split-panel that compared a pig to a caricature of Mahathir, enraged the prime minister's ruling United Malays National Organization on the eve of his final appearances at a party conference before he retires in Oct.

Bangladesh looks to boost economic ties as RI President arrives

Bangladesh looks to boost economic ties as RI President arrives Nadeem Qadir, Dhaka A 21-gun salute heralded the arrival of Indonesian President Megawati Soekarnoputri in Bangladesh on Wednesday, which is looking to boost trade with Southeast Asian nations.

China, Russia and India aim to counter U.S. muscle

China, Russia and India aim to counter U.S. muscle P. Parameswaran, Agence France-Presse, Phnom Penh Nuclear powers Russia, China and India want to forge strategic partnerships with Southeast Asia to counter growing U.S. influence and assertiveness in the region, officials said on Wednesday.

JakArt@2003

JakArt@2003 .TB.30" 0.90" June 19 Photo Exhibition Djakarta, Jakarta, Jakarte by William R. Durman Gedung Dua8, Jl Kemang Utara no. 28, South Jakarta - (Tel. 71792049), 10 a.m. to 10 p.m. Exhibition, Creativity and Contents: the Indian from St Gall and Golden Letters Ak Sa Ra Bookstore, Jl. Kemang Raya 8b, South Jakarta June 20 Swiss Film Escape to Paradise Gedung Dua8, Jl Kemang Utara no. 28, South Jakarta - (Tel. 71792049), 7 p.m. to 8:30 p.m.

Tarko Sudiarno

Tarko Sudiarno The Jakarta Post Yogyakarta Mount Sumbing in the west of Magelang city, Central Java, looks very beautiful from the window of the veranda in the morning. The slope of the mountain is green with tobacco plants. The panorama is like a pretty painting on canvas. There is indeed no direct relationship between tobacco and paintings. For Deddy Irianto, 43, the owner of the house in the elite housing compound of Taman Wisata Kyai Langgeng Magelang, tobacco and painting are intertwined.

~NO FREE-SAILING: Around 100 workers of state-owned Bank Negara

~NO FREE-SAILING: Around 100 workers of state-owned Bank Negara Indonesia (BNI) demonstrate in front of the bank's headquarters on Jl. Sudirman, Central Jakarta, with a car modified to resemble the company logo, a sailboat. They demanded on Wednesday that they be made permanent employees and their management be replaced soon.

Jakarta Fair better arranged but expensive

Jakarta Fair better arranged but expensive Arya Abhiseka, The Jakarta Post, Jakarta Abdurrahman and his family have been going to the Jakarta Fair since it was still held at the National Monument (Monas) park in the early 1980s. "I actually took my wife on a date there and now we are happily married with three children," said the resident of Karawaci in Tangerang, Banten. Abdurrahman said that he noticed many changes in the Jakarta Fair over the years.

Telkom likely to appoint KPMG as new auditor

Telkom likely to appoint KPMG as new auditor The Jakarta Post, Jakarta PT Telekomunikasi Indonesia (Telkom) will ask auditor KPMG to review its 2002 financial report, in a last-ditch effort to beat the July 15 deadline set by the U.S. Securities and Exchange Commission (SEC) for submitting an audited financial report and avoid being delisted from the New York Stock Exchange.

Shell squeezed in Brunei-Malaysia offshore oil dispute

Shell squeezed in Brunei-Malaysia offshore oil dispute Dow Jones, Singapore Royal Dutch Shell Deepwater Borneo is expected to follow Total S.A.S's footsteps in shelving oil and gas exploration plans offshore Brunei, at least for the time being, due to sovereignty wrangles between Malaysia and Brunei, sources close to Shell said. The disputed deep offshore site is part of an exploration area both countries are trying to develop.

Newmont endangers people, ecosystem

Newmont endangers people, ecosystem Moch. N. Kurniawan, The Jakarta Post, Jakarta A study released by the Indonesian Forum for the Environment (Walhi) on Wednesday contends that tailings from gold mining firm Newmont Minahasa Raya (NMR) contain four times the government- allowed level of cyanide, endangering the health of residents and endangering the environment.

Sweden expected to act against GAM leaders

Sweden expected to act against GAM leaders The Jakarta Post, Jakarta Former defense minister Juwono Sudarsono congratulated the special delegation's success in conveying Indonesia's stance on the exiled Free Aceh Movement (GAM) leaders to the Swedish government.

Batam tourism agency head declared suspect in gambling case

Batam tourism agency head declared suspect in gambling case Fadli, The Jakarta Post, Batam, Riau Head of Batam tourism agency Buralimar has been declared a suspect by Riau Police over allegations regarding the legalization of gambling at Tering Bay Resort, Nongsa district, Batam. Riau Police chief Brig. Gen. Deddy S.

PDI-P dismisses 16 top officials

PDI-P dismisses 16 top officials Oyos Saroso HN, Jakarta Post, Bandar Lampung, Lampung The Indonesian Democratic Party of Struggle (PDI Perjuangan) dismissed 16 party functionaries in Lampung for insubordination and involvement in drugs. The dismissals, approved by PDI Perjuangan chairwoman Megawati Soekarnoputri and secretary-general Sutjipto, were announced by party deputy chairman Gunawan Wirosarojo here on Wednesday. "The (dismissals) were decided on to salvage the party.

Where to go in Bali for Thursday, June 19, 2003

Where to go in Bali for Thursday, June 19, 2003 Film * Asian Films at Gaya Fusion of Senses, Jl. Raya Sayan, Ubud (Tel. 0361 979253), 7 p.m.: Expect the Unexpected (June 20), The Mission (June 23), Juliet in Love (June 27), Bullet in the Head (June 30). Museums and Galleries * Sika Galery, Jl. Raya Campuhan Sanggingan, Ubud (Tel. 0361 975727, 975085) * Blue Moon Gallery, Jl. Tirta Tawar, Banjar Kutuh Kaja, Ubud (Tel. 0361 976727), daily, 11 a.m. to 5 p.m. * Museum Puri Lukisan, Jl.

Mining in protected forests under fire

Mining in protected forests under fire Evi Mariani and Rendi Witular, The Jakarta Post, Jakarta A green activist blasted the government's and the House of Representatives' plan to allow 15 mining companies to resume their operations in protected-forest areas, saying that several NGOs were ready to file a lawsuit against the government and the House over the plan.

Asian monies mostly down in tight ranges

Asian monies mostly down in tight ranges Dow Jones, Singapore Asian currencies fluctuated within tight, familiar ranges on Wednesday as market players were reluctant to take positions in the absence of strong leads. The Singapore dollar, South Korean won, New Taiwan dollar, Thai baht and Indonesian rupiah were on a modestly weaker footing late in Asia. The Philippine peso was little changed. "There's not much direction (in the market). People are unwinding (positions), waiting for the FOMC (U.S.

TNI shoots rebel in Papua

TNI shoots rebel in Papua JAYAPURA, Papua: The Indonesian Military acknowledged shooting two men, one who subsequently died as a result of his injuries, claiming they were Papuan rebels, on Tuesday in Hut village, Tor Atas district in Sarmi regency. Yotam Siam, 20, was shot in the left leg while Douglas Yaas, 18, was shot in the right leg and the stomach. Douglas died on the way to Sarmi community health center. Trikora Military Command spokesman Maj.

Supreme Court favors Alwi's PKB

Supreme Court favors Alwi's PKB JAKARTA: The Supreme Court ruled in favor of Alwi Shihab's leadership in the dispute with former chairman of the National Awakening Party (PKB) Matori Abdul Djalil over ownership of the party. Justice Abdurrahman Saleh told reporters on Wednesday that the court upheld the decision of the Jakarta High Court, which ruled that Matori was acting unlawfully in using the party's name, logo and anthem. "The plaintiff (Matori) could not support his argument," he said.

Observers praise ASEAN's new policy on Myanmar

Observers praise ASEAN's new policy on Myanmar A'an Suryana, The Jakarta Post, Jakarta Observers are praising the tough stance taken toward Myanmar's military rulers by the Association of Southeast Asian Nations, saying this is a democratic step forward for the member states of ASEAN.

Irianto blends tobacco and art

Irianto blends tobacco and art Tarko Sudiarno, The Jakarta Post, Yogyakarta Mount Sumbing in the west of Magelang city, Central Java, looks very beautiful from the window of the veranda in the morning. The slope of the mountain is green with tobacco plants. The panorama is like a pretty painting on canvas. There is indeed no direct relationship between tobacco and paintings.

'Focus on humanitarian operation'

'Focus on humanitarian operation' A'an Suryana, The Jakarta Post, Jakarta The government should not focus only on the military operation but also simultaneously carry out a humanitarian program as part of the integrated operation to restore security and order in the war-torn Aceh, says a military observer.

Two charged for sex slavery of RI girls

Two charged for sex slavery of RI girls AUSTRALIA: Australian police have charged two people with turning three Indonesian women into sex slaves as the government came under mounting pressure to stamp out an industry estimated to involve 1,000 women nationwide. A court heard on Wednesday that the three were lured with the offer of jobs in bars or restaurants but then made to work as prostitutes. The charges were the first under Australian anti-sex slave laws introduced in 1998.

LG Cup features 360 tae kwon doins

LG Cup features 360 tae kwon doins JAKARTA: About 360 athletes from 30 provinces are taking part in the four-day National Tae Kwon Do Championship LG Cup, which starts on Thursday at the Senayan Tennis Indoor in Central Jakarta. The competition, which will also serve as a qualifying event for the Southeast Asian Games in Vietnam this December, features eight classes in the men's and women's divisions.

RI eyes countertrade with Vietnam

RI eyes countertrade with Vietnam JAKARTA: Indonesia hopes to strike a countertrade deal with Vietnam for investments in Vietnam's fertilizer industry in return for rice and sugar imports, a senior government official told reporters Wednesday.

Gialia last inclusion in initial ASEAN Club Championship

Gialia last inclusion in initial ASEAN Club Championship Musthofid, The Jakarta Post, Jakarta H.A. Gialia of Vietnam was the last team confirming its participation in the 110,000 euro (US$130,000) ASEAN Club Championship, which Indonesia will host from July 13 through July 26. The event will feature the national soccer league champions of the countries grouped in the Association of Southeast Asian Nations (ASEAN).

U.S. pressure RI Aceh peace

U.S. pressure RI Aceh peace Agencies, Phnom Penh The United States on Wednesday put pressure on Indonesia to pursue a peaceful resolution to end the conflict in Aceh, as well as pushing for North Korea to abandon its nuclear drive and for Myanmar to embrace democratic reforms during high-level talks at Asia-Pacific's top security forum. U.S.

Political party flags fly in Bogor

Political party flags fly in Bogor BOGOR: The 2004 election is still 10 months away, but many political parties have started their "campaign" by flying their flags in various parts of Bogor city and regency. The flags were put up at strategic places last week.

Striking balance between financial need and fairness

Striking balance between financial need and fairness Ardimas Sasdi Staff Writer The Jakarta Post Jakarta ardimas@thejakartapost.com Several leading state-run universities have finally embarked on a bold, forward looking but controversial step towards self- reliance in finance, with a launch of a new selection system for students at undergraduate level. The new policy, designed as a cure to serious financial difficulties, was the brain child of top-notch, state-run universities and institutes.

Ancol fireworks party waits for permit

Ancol fireworks party waits for permit JAKARTA: Ancol Dreamland, a recreation park in North Jakarta, plans to hold a fireworks display on the eve of Jakarta's 476th anniversary, but the organizing committee has not obtained the necessary permit. "Hopefully the police permit will immediately be issued," said the park's deputy marketing director Waluyo on Tuesday. Waluyo said that the organizing committee has prepared a 15- minute fireworks display with some 1,000 explosive fireworks.

Collaborative opera blends traditions of East and West

Collaborative opera blends traditions of East and West Sri Wahyuni, The Jakarta Post, Yogyakarta A performance that promises to showcase a fine blend of the East and West by using traditions of western opera as well as Indonesian theater will be brought to stage in Yogyakarta.

China proposes new security forum

China proposes new security forum Cindy Sui, Agence France-Presse, Phnom Penh China proposed on Wednesday the creation of a security forum involving military personnel from Asia-Pacific countries, saying it would aim at giving equal attention to the security concerns of each country involved.

City threatens to seize Sahid Jaya, Mahakam

City threatens to seize Sahid Jaya, Mahakam Bambang Nurbianto, The Jakarta Post, Jakarta The city administration threatened on Wednesday to confiscate Hotel Sahid, Central Jakarta, and Hotel Gran Mahakam, South Jakarta, for failure to pay their tax arrears. The two are among many hotels and restaurants in the city that have not paid their taxes since 1987, head of the City Revenue Agency Deden Supriadi told the media after attending a City Council plenary session on Wednesday.

Bali Arts Festival celebrates cultural wealth

Bali Arts Festival celebrates cultural wealth I Wayan Juniartha, The Jakarta Post, Denpasar, Bali The Bali Arts Festival was first conceived back in the late 1970s by then Bali governor Ida Bagus Mantra as a medium to nurture the development of an aesthetic community in Bali.

Surprising ASEAN

Surprising ASEAN The foreign ministers of the Association of Southeast Asian Nations (ASEAN) deserve high praise for their surprising courage to depart from the group's rigid non-interference principles and rebuke the Myanmar military junta, which still stubbornly refuses to release the country's pro-democracy icon, Aung San Suu Kyi.

PASI sorting out athletes for six-month workout

PASI sorting out athletes for six-month workout The Jakarta Post, Jakarta The Indonesian Amateur Athletics Association (PASI) is still deciding on six to eight athletes for a four-strong nomination for a National Sports Council (KONI)-sponsored long-term overseas training camp. "Hopefully, we'll have the names next week for submission to KONI," secretary-general of PASI Tigor Tanjung, said here on Wednesday.

Candidates to be above the law during campaigns

Candidates to be above the law during campaigns Kurniawan Hari, The Jakarta Post, Jakarta Presidential candidates and their running mates might not be held accountable for any violations official campaign regulations that may occur during campaign periods, a House of Representatives special committee has agreed. House legislators deliberating on the presidential election bill proposed that any offense should be blamed on campaign organizers.

1. DISCOURSE: 1 x 45

1. DISCOURSE: 1 x 45 Managing pluralism central to Indonesian democracy 2. BANGLA: 3 x 25 Bangladesh looks to boost economic ties as RI President arrives 3. CHINA: 1 x 35 China proposes new security forum 4. ASEAN: 1 x 47 Observers praise ASEAN's new policy on Myanmar 5. ODD: 2 x 30 Man fools women for 18 years

Bank Indonesia benchmark interest rate falls to 9.71%

Bank Indonesia benchmark interest rate falls to 9.71% The Jakarta Post, Jakarta The interest rate on one-month Bank Indonesia SBI promissory notes fell to an historic low of 9.71 percent during Wednesday's weekly auction, from 10.07 percent the previous week. The decline came after Bank Indonesia Governor Burhanuddin Abdullah said earlier this week that there was still room for the central bank benchmark rate to fall to below 10 percent.

;JP;

;JP; ANPAc..r.. Malls-fun-concept Combining fun with shopping to lure visitors I. Christanto Contributor Jakarta If we asked people why they go to a mall, most of them would probably answer to walk around or hang out with their friends rather than for actual shopping purposes.

India blocks Pakistan's entry to ARF

India blocks Pakistan's entry to ARF CAMBODIA: India has blocked ASEAN's push for Pakistan to join the Asia-Pacific's top security grouping, according to a delegate attending the ASEAN Regional Forum (ARF) in Phnom Penh on Wednesday. The Association of Southeast Asian Nations (ASEAN) earlier in the week agreed to lift the moratorium on ARF membership to seek membership for Pakistan in the grouping.

b]* Headlines: Observers hail ASEAN's policy on Myanmar2

b]* Headlines: Observers hail ASEAN's policy on Myanmar2 * National:'Newmont endangers people, ecosystem'4 * Archipelago:PDI-P dismisses 16 top officials 5 * Opinion:Education: Balancing financial need and fairness7 * City:City buys 60 buses without holding tender 8 * Sports:Yankees, Rays swap victories in doubleheader 9 * World:RP links JI leader to 2000 bombings 11 * Business:Pertamina to become limited liability company16 * Features: Bali Arts Festival celebrates cultural wealth20

Toll rate hike and poor service

Toll rate hike and poor service From Media Indonesia Toll fees in Jakarta have gone up but no improvement has been made to toll road service yet. The following are some examples of poor service that I have noted in the last several days: * The toll road lanes are not well managed because no system has been implemented that ensures commuters observe the rules.

1. DUIT (3 x 12)

1. DUIT (3 x 12) Asian monies mostly down in tight ranges 2. Guthrie (1 x 32) 'Plans to list Minamas on track' 3. Teijin (1 x 36) Teijin eyes Indonesia for relocation

b]* Headlines: Observers hail ASEAN's policy on Myanmar2

b]* Headlines: Observers hail ASEAN's policy on Myanmar2 * National:'Newmont endangers people, ecosystem'4 * Archipelago:PDI-P dismisses 16 top officials 5 * Opinion:Education: Balancing financial need and fairness7 * City:City buys 60 buses without holding tender 8 * Sports:Yankees, Rays swap victories in doubleheader 9 * World:RP links JI leader to 2000 bombings 11 * Business:Pertamina to become limited liability company16 * Features: Bali Arts Festival celebrates cultural wealth20

Teachers told to go to safe areas

Teachers told to go to safe areas Nana Rukmana, The Jakarta Post, Kuningan, West Java Amid the fierce fighting between the military and the Free Aceh Movement (GAM), many teachers, administrative staff and students have been told by officials that due to safety concerns it was not mandatory for them to conduct classes. Director General of Elementary and Secondary Education at the Education Ministry, Dr.