Indonesian Political, Business & Finance News

Archive: 25 June 2003

74 articles found

AGO must be transparent, accountable: NHK

AGO must be transparent, accountable: NHKMuninggar Sri Saraswati The Jakarta Post JakartaThe National Law Commission (KHN) has branded the Attorney General's Office as the most secretive component of the legal system in the country and must therefore reform to regain the public's trust.

Government to raise tax ratio to 13.5% next year

Government to raise tax ratio to 13.5% next yearThe Jakarta Post, Jakarta The government plans to raise the country's tax ratio to 13.5 percent of gross domestic product (GDP) next year in a bid to help secure domestic financing for the state budget, Director General of Taxation Hadi Purnomo said...

1. DUIT (4 x 12)

1. DUIT (4 x 12) Rupiah gets help from Bank Mandiri IPO plan Bank Mandiri IPO boost RupiahStrong foreign demand for state-owned Bank Mandiri's initial public offering of shares buoyed the Indonesian rupiah, traders said. The dollar closed at Rp 8,230 rupiah, up down from Rp 8,250 Monday.

KL to open regional antiterrorism center

KL to open regional antiterrorism centerReuters, Kuala Lumpur Malaysia, in cooperation with the United States, will open an antiterrorism center next week as part of a drive by Southeast Asian nations to combat militancy, Foreign Minister Syed Hamid Albar said on Tuesday.

Texmaco's Marimutu sues 'Kompas' and 'Tempo' over news articles

Texmaco's Marimutu sues 'Kompas' and 'Tempo' over news articlesThe Jakarta Post, Jakarta Businessman Marimutu Sinivasan has filed a civil suit against leading Kompas daily, seeking whopping financial compensation of US$151 million (approximately Rp 1.

RI under threat of all kinds of pollution: WB report

RI under threat of all kinds of pollution: WB reportThe Jakarta Post, Jakarta Indonesia is under threat from air, water, solid and hazardous waste pollution, although some of the country's achievements in pollution management deserve recognition, a World Bank report says.

Govt seeks more time to discuss bill

Govt seeks more time to discuss billKurniawan Hari, The Jakarta Post, Jakarta The government finally admitted on Tuesday that it would be difficult to meat the Aug. 17 deadline for the establishment of a constitutional court, and asked the People's Consultative Assembly (MPR) to revise the...

Child trafficking rampant in Batam

Child trafficking rampant in BatamFadli, The Jakarta Post, Batam, Riau The Batam, Rempang and Galang (Barelang) Police Department says a lack of institutional coordination is hampering efforts to prevent underage children from being forced into the sex industry on Batam island.

NGOs protest against mining companies

NGOs protest against mining companies JAKARTA: A coalition of 11 non-governmental organizations (NGOs) has rejected government plans to issue permits to 15 mining companies to operate in conservation areas, citing the environmental damage caused.

JI continues to be a serious threat: US official

JI continues to be a serious threat: US official Agence France-Presse JakartaJamaah Islamiyah continues to be a serious regional threat despite the arrest of numerous alleged members of the terrorist network, a senior U.S. official said Tuesday.

ASEAN is making virtue out of necessity

ASEAN is making virtue out of necessityDmitri Kosyrev, Political Analyst, RIA Novosti, Moscow The Association of Southeast Asian Nations (ASEAN) regional security forum, which concluded recently in the Cambodian capital Phnom Penh, could be called successful, especially as it will have highly...

Minister launches poverty program

Minister launches poverty program TANGERANG: In conjunction with the commemoration of the National Social Solidarity Day for Friends, Minister of Social Affairs Bachtiar Chamsyah launched a nationwide poverty alleviation program in Tegal Kunir Lor village in Mauk district of Tangerang regency on...

Indonesia to host three Asian PGA Tour meet

Indonesia to host three Asian PGA Tour meetThe Jakarta Post, Cimanggis, West Java In a bid to revive the country's position as a renowned golf venue in the region, the Asian PGA Tour has decided to organize three tournaments in Indonesia.

Indonesia's top priorities

Indonesia's top priorities Minister of Finance Boediono was not exaggerating when he said on Monday that Indonesia faced a new round of crisis if it failed to maintain the pace of reform after the IMF-sponsored economic program ends later this year, botched next year's elections or allowed its...

Govt seeks more time to discuss bill

Govt seeks more time to discuss bill 2. TIMIKA (3 X 14) Govt pledges cooperation in Timika probe3. SIPADAN (2 X 24)House summons the President over loss of islands4. JAKSA (1 X 35)Attorney general's office needs reform5. JI (2 X 18) JI continues to be a serious threat: US

KPUD asks for Rp 50b from city

KPUD asks for Rp 50b from cityBambang Nurbianto, The Jakarta Post, Jakarta The Jakarta General Elections Commission (KPUD) asked the city administration on Tuesday to lend it Rp 50 billion to cover its operational costs this year.

JP/4/cap25

JP/4/cap25JP/Arief SuhardimanBOOKING AN ALLIANCE: People's Consultative Assembly (MPR) Speaker Amien Rais (left), State Minister for National Development Planning Kwik Kian Gie (center), and the chairwoman of the Pioneer Party, Rachmawati Soekarnoputri, share a light moment on the sidelines of a...

'There's no appropriate method to measure loyalty'

'There's no appropriate method to measure loyalty' Starting July 1, the government will screen all civil servants to ensure their loyalty to the unitary state of Indonesia (NKRI). Senior psychologist Sartono Mukadis, who owns Persodata psychology consultancy in Jakarta and Batam, shared his opinion...

Financial institions told to adopt money laundering policy

Financial institions told to adopt money laundering policyFitri Wulandari, The Jakarta Post, Jakarta The Ministry of Finance warned nonbank financial institutions to set up money laundering policies before this month's deadline, or risk administrative sanctions.

More murals to cherr up Jakarta residents

More murals to cherr up Jakarta residentsArya Abhiseka, The Jakarta Post, Jakarta When one arrives in Jakarta, one would agree that this city is indeed colorful and distinct, with a unique character.For example, one can see that a high-rise building looks odd, standing immediately adjacent to a...

Probe on Sukhoigate to start next week

Probe on Sukhoigate to start next weekKurniawan Hari and Tiarma Siboro, The Jakarta Post, Jakarta A House committee of inquiry will start its investigation into the highly politicized Sukhoigate affair by summoning a number of cabinet ministers, military officers, business people and the Russian...

IBRA evaluating asset bidders

IBRA evaluating asset bidders JAKARTA: The Indonesian Bank Restructuring Agency (IBRA) has started to review preliminary bids from investors that were interested in the assets previously owned by Texmaco Group, Chandra Asri and Bakrie Nirwana Resort.

Neglecting child poverty will be costly for all

Neglecting child poverty will be costly for allErita Narhetali, Director, Institute for Marginalized Children Studies, Jakarta Minister of Social Affairs Bachtiar Chamsyah has admitted that the problem of street children has been poorly addressed.

Papua elects 140 election commission members

Papua elects 140 election commission membersNethy Dharma Somba, The Jakarta Post, Jayapura After a two-week selection process, the Papua General Elections Commission (KPUD) has elected 140 commission members to help organize the general election in the province next year.

Sutiyoso says no to planned wall around U.S. embassy

Sutiyoso says no to planned wall around U.S. embassyBambang Nurbianto, The Jakarta Post, Jakarta Jakarta Governor Sutiyoso turned down on Tuesday U.S. Ambassador Ralph L. Boyce's request for a permit to build a three-meter-high wall to replace the fence around the embassy in an effort to tighten...

The dangers of narrow-minded nationalism

The dangers of narrow-minded nationalismMartin R. Jenkins, Consultant, Securities Firm, Jakarta Born out of an independence struggle against Dutch colonialism, it is perhaps understandable that Indonesia is prone to strong nationalist sentiment.

IBRA evaluating asset bidders

IBRA evaluating asset bidders JAKARTA: The Indonesian Bank Restructuring Agency (IBRA) has started to review preliminary bids from investors that were interested in the assets previously owned by Texmaco Group, Chandra Asri and Bakrie Nirwana Resort.

RI, U.S. to cooperate in Timika probe

RI, U.S. to cooperate in Timika probeFabiola Desy Unidjaja, The Jakarta Post, Jakarta The government has pledged cooperation with the United States in investigating the ambush in Timika, Papua, last year, which killed one Indonesian and two American teachers.

'I have to work during the long school holiday'

'I have to work during the long school holiday' The school holidays have just started for some students, while the rest will have their days off shortly. Many students will participate in a variety of activities to make the most of the holiday.

_________________________________________________________________________________________

_________________________________________________________________________________________ Rupiah Rates June 24 _________________________________________________________________________________________ Banknote rates TT rates Selling Buying Selling BuyingAustralian dollar 1 5,796.89 5,128.63 5,491.

JakArt@2003

JakArt@2003 .TB.30" 0.90"until June 28 Exhibition, Creativity and Contents: the Indian from St Gall and Golden Letters Ak Sa Ra Bookstore, Jl. Kemang Raya 8b, South Jakartauntil June 30 Painting Exhibition The Exuberance of the Soul by Aida Prayogo (Indonesian) and Lamat (Austrian) JakArt Center,...

Japan offers to help find peaceful solution to problem in Aceh

Japan offers to help find peaceful solution to problem in AcehAgencies, Jakarta Japanese Prime Minister Junichiro Koizumi told visiting Indonesian President Megawati Soekarnoputri that Tokyo was ready to help find a peaceful solution to end the decades-long conflict in Aceh.

Peace monitors to leave PNG

Peace monitors to leave PNG PAPUA NEW GUINEA: International peace monitors will leave Papua New Guinea's Bougainville island next week in the next step toward autonomy after more than a decade of conflict, the Australian government said on Tuesday.

IPB to develop assets

IPB to develop assets BOGOR: The Bogor Institute of Agriculture (IPB) plans to develop 17 of its assets, mostly former campuses, in an effort to finance the education budget, which this year amounts to some Rp 450 billion.

Army told to stay out of politics

Army told to stay out of politics CAMBODIA: Prime Minister Hun Sen ordered on Tuesday the armed forces and other authorities under his control to stay clear of politics ahead of next month's parliamentary elections.

Police send team to the Philipines

Police send team to the Philipines JAKARTA: Indonesian police have sent a team of investigators to the Philippines following the arrest of four Indonesians carrying explosives in the southern Philippines last week.

Illegal logging unchallenged: NGO

Illegal logging unchallenged: NGO JAMBI, Jambi: Despite strong evidence, few if any people have stood trial for log smuggling, casting further doubt over anyone's seriousness to address the destructive process.

3 x 10

3 x 10 City officials let off gas over fuel pump woes JP/8/8MURAL2 x 22 More murals to cheer up Jakarta residents JP/8/KPUD1 x 27 KPUD asks for Rp 50b from city JP/8/tiket2 x 23 Vacationers fleeing city despite anniversary bash Speak252 x 20 'I have to work during the long school holiday'

Syafii mum about presidency

Syafii mum about presidency JAKARTA: Muhammadiyah chairman Syafii Maarif said the organization will not extend support for any presidential candidate, including its own Amien Rais.Underlining that the Muslim-based organization would not involve itself in politics, Syafii said Muhammdiyah would...

(Caption for Spotlight column. Client: PT Medco Energi

(Caption for Spotlight column. Client: PT Medco Energi Internasional Tbk. Publication date: Wednesday, June 25, 2003)CLOSING CEREMONY FOR MEDCO BOND OFFER: John Pratt, managing director of Credit Suisse First Boston; Sugiharto, chief financial officer of Medco Energi; Hilmi Panigoro, CEO of Medco...

Attorney general's office needs through reform

Attorney general's office needs through reformMuninggar Sri Saraswati, The Jakarta Post, Jakarta The National Law Commission (KHN) has branded the Attorney General's Office as the most secretive component of the legal system in the country and must therefore reform to regain the public's trust.

TV Program: Wednesday, June 25, 2003

TV Program: Wednesday, June 25, 2003.TB.30" 1.00" TVRI .TB.30" .90" 6:00 a.m. News: Berita Pagi7:00 English News Service9:00 Music10:00 Quiz: Dibisikin11:00 News: Berita Daerah12:00 p.m. News: Berita Siang1:00 Talk Show: Konsultasi Keluarga 2:00 Metro Indonesia3:30 Music4:30 Documentary5:00 Game...

RP to drop up to 8,000 govt workers

RP to drop up to 8,000 govt workers MANILA: Up to 8,000 government workers are to be pensioned off this year as part of a plan to trim the million plus-strong Philippines bureaucracy, Budget Secretary Emilia Boncodin said Tuesday.

JI continues to be a serious threat: US official

JI continues to be a serious threat: US official Agence France-Presse JakartaJamaah Islamiyah continues to be a serious regional threat despite the arrest of numerous alleged members of the terrorist network, a senior U.S. official said Tuesday.

1. DISCOURSE: 1 x 50

1. DISCOURSE: 1 x 50'There's no appropriate method to measure loyalty'2. FEMALE: 1 x 38 Govt urged to protect women in Aceh 3. KOMNAS: 1 x 44 Inquiry into Aceh rights abuses to continue 4. TEXMACO: 2 x 32 Texmaco's Marimutu sues 'Kompas' and 'Tempo' over news articles 5.

Malaysia seeks to rekindle tourism with China, Hong Kong, Taiwan

Malaysia seeks to rekindle tourism with China, Hong Kong, TaiwanAsociated Press Kuala LumpurConfident the SARS crisis is over, the Malaysian government announced efforts on Tuesday to revive tourism with places worst hit by the respiratory disease - China, Hong Kong and Taiwan.

[b]

The dangers of narrow-minded nationalism Martin R. Jenkins Consultant Securities Firm Jakarta 2. ASEAN -- ASEAN is making virtue out of necessity 1 X 45 ASEAN is making virtue out of necessity Kavi Chongkittavorn The Nation Asia News Network Bangkok 3. Dawn25 -- Muslims and the U.S.

Djohar replaces outgoing Oyong at KONI

Djohar replaces outgoing Oyong at KONIMusthofid, The Jakarta Post, Jakarta Djohar Arifin Husin is the new secretary-general of the National Sports Council (KONI) in a reshuffle announced here on Tuesday, following the recent departure of the organization's two top officials.

Int'l rights groups demand arms embargo against Indonesia

Int'l rights groups demand arms embargo against IndonesiaReuters, London A group of 90 human rights organizations, antiarms trade and antiwar groups has demanded an international embargo against selling arms to Indonesia, a human rights group said on Monday.

Kwik says paying all IMF debts good for economy

Kwik says paying all IMF debts good for economyThe Jakarta Post, Jakarta State Minister for National Development Planning Kwik Kian Gie said that repaying all debts to the International Monetary Fund (IMF) when its program here ends would not harm the efforts to maintain fiscal sustainability and...

Death for drug

Death for drug counterfeitersFrom Media IndonesiaThe stern action taken by the West Jakarta police and the Food and Drug Control Agency against individuals or firms producing and distributing fake medicine deserves praise.

1. JAPAN: 3 x 23

1. JAPAN: 3 x 23 Japan offers to help find peaceful solution to problem in Aceh 2. APINDO: 1 x 42 Joint employer-worker office to be set up 3. EMBARGO: 2 x 27 Int'l rights groups demand arms embargo against Indonesia 4. TERROR: 1 x 45 KL to open regional antiterrorism center 5.6. ODD: 1 x 35 U.S.

Coca-Cola plants win ISO 14001

Coca-Cola plants win ISO 14001 JAKARTA: Coca Cola Bottling Indonesia (CCBI) has earned the International Standardization Organization (ISO) 14001 certificate for its environmental protection programs at its plants across the country.

Power outages cause increase in fires

Power outages cause increase in fires PALU, Central Sulawesi: Fires in Palu, Central Sulawesi, have jumped 30 percent in the first six months of the year compared to the same period last year because of frequent power outages, the fire service says.

City officials let off gas over fuel pump woes

City officials let off gas over fuel pump woesDamar Harsanto, The Jakarta Post, Jakarta A meeting on Tuesday to address complaints from residents over environmental problems created by three gas stations in the city degenerated into a forum for officials from different state agencies to sling mud...

RI, Japan to boost economic ties

RI, Japan to boost economic tiesAgencies, Tokyo President Megawati Soekarnoputri secured a promise on Tuesday from Japanese Prime Minister Junichiro Koizumi to boost economic ties, but no aid pledges, at a time when Indonesia is determined to leave the protection of the International Monetary Fund.

Joint employer-worker office to be set up

Joint employer-worker office to be set upAdianto P. Simamora, The Jakarta Post, Jakarta The Employers' Association of Indonesia (Apindo) said on Tuesday that it would set up a joint office between employers and workers as part of efforts to resolve the long-standing labor problems in the country.

Power outages cause increase in fires

Power outages cause increase in fires PALU, Central Sulawesi: Fires in Palu, Central Sulawesi, have jumped 30 percent in the first six months of the year compared to the same period last year because of frequent power outages, the fire service says.

Help for autistic kids a long way off

Help for autistic kids a long way offSimon Howland, Contributor, Jakarta A major breakthrough in autism research may lead to early detection and prevention of the condition but more support is needed for those battling the problem in the field if the revelation is to benefit Indonesia.Dr.

Yogya dreams of becoming cyber city

Yogya dreams of becoming cyber citySri Wahyuni, The Jakarta Post, Yogyakarta In an attempt to accelerate the development of Yogyakarta into a cyber province, Governor Sri Sultan Hamengkubuwono X said on Tuesday he would soon draft a gubernatorial decree on electronic information and transactions.

Vacationers fleeing city despite anniversary events

Vacationers fleeing city despite anniversary eventsZakki Hakim, The Jakarta Post, Jakarta Amid the damp-squib celebrations being held to mark Jakarta's 476th anniversary, residents of the capital are welcoming the long school vacation as a chance to flee the city to pastures greener and cleaner.

Refugees to be moved from shelter

Refugees to be moved from shelter AMBON, Maluku: About 5,000 refugees will be moved from Halong Navy compound where they have been sheltering following the cessation of vicious sectarian violence in the province last year.Naval base commander Lt. Col.

Inquiry into Aceh rights abuses to continue

Inquiry into Aceh rights abuses to continueTiarma Siboro, The Jakarta Post, Jakarta The National Commission on Human Rights (Komnas HAM) rejected on Tuesday the government's request that the rights body seek official confirmation of any abuses against civilians it finds in war-torn Aceh.

House summons the President over loss of Sipadan, Ligitan

House summons the President over loss of Sipadan, LigitanKurniawan Hari, The Jakarta Post, Jakarta The House of Representatives voted on Tuesday in favor of a motion to summon President Megawati Soekarnoputri over the loss of Sipadan and Ligitan islands to Malaysia.

Court summons Megawati

Court summons MegawatiJAKARTA: President Megawati Soekarnoputri has been ordered to attend court to testify against a newspaper prosecutors allege insulted her by, among other things, saying she was crueler than a notorious Javanese cannibal.

Minister launches poverty program

Minister launches poverty program TANGERANG: In conjunction with the commemoration of the National Social Solidarity Day for Friends, Minister of Social Affairs Bachtiar Chamsyah launched a nationwide poverty alleviation program in Tegal Kunir Lor village in Mauk district of Tangerang regency on...

Suu Kyi lieutenant Tin Oo in good health: Red Cross

Suu Kyi lieutenant Tin Oo in good health: Red CrossAssociated Press, Yangon/Putrajaya, Malaysia International Red Cross officials met with opposition leader Aung San Suu Kyi's lieutenant, Tin Oo, in a prison in northern Myanmar and found him unhurt and in good health, an official said on Tuesday.

Regencies face water shortage as dry season returns

Regencies face water shortage as dry season returnsNana Rukmana and Agus Maryono, The Jakarta Post, Cilacap/Majalengka Severe dry season and illegal logging has been causing more than 100,000 people in the Central Java regencies of Wonogiri and Cilacap suffering clean water shortages, while more...

Govt to freeze more insurance firms

Govt to freeze more insurance firms The government warned on Tuesday that more insurance companies would have their business licenses suspended this year due to their failure to meet the requirement of 100 percent Risk Base Capital (RBC) by the end of this year.

Ministry lifts ban on chemical

Ministry lifts ban on chemical JAKARTA: The Minister of Industry and Trade has issued a decree allowing the import of 4 chloro-3 and 5-dimethylphenol (PCMX), two chemical substances required for soap production. The Decree No.

Govt urged to protect women in Aceh

Govt urged to protect women in AcehThe Jakarta Post, Jakarta A women's rights activist has appealed to the martial law administration in Aceh to protect female residents and activists from possible sexual harassment by troops during the military operation.

Low oil prices a threat to rain forests: CIFOR

Low oil prices a threat to rain forests: CIFORAgence France-Presse, Jakarta Low world oil prices will translate into increased pressure on the world's fast-shrinking rain forests, an international forest research center said Tuesday.

Court summons Megawati

Court summons Megawati JAKARTA: President Megawati Soekarnoputri has been ordered to attend court to testify against a newspaper prosecutors allege insulted her by, among other things, saying she was crueler than a notorious Javanese cannibal.

Ministry lifts ban on chemical

Ministry lifts ban on chemical JAKARTA: The Minister of Industry and Trade has issued a decree allowing the import of 4 chloro-3 and 5-dimethylphenol (PCMX), two chemical substances required for soap production.The Decree No.