Indonesian Political, Business & Finance News

Archive: 30 June 2003

61 articles found

Taiwan blames RI for canceled investments

Taiwan blames RI for canceled investments Associated Press, Taipei Taiwan's vice president said Sunday that Indonesia, rather than Taiwan, should be blamed for Taipei's cancellation of several planned investments in Indonesia. Annette Lu was responding to reported allegations by a Taiwanese-Indonesian businessman, Kung Hai-rong, that Taiwanese leaders had reneged on their promise to help Indonesia develop its agriculture, fishing, mining and manufacturing industries.

JP/R. Berto Wedhatama

JP/R. Berto Wedhatama FRIENDSHIP RUN: UP to 14,000 runners prepare to start outside the City Hall building in Central Jakarta during a 10K race for friendship to celebrate Jakarta's 476th anniversary. The race on Sunday morning was a rare event indeed in the normally traffic- snarled city.

Jembatan Besi squatters face eviction

Jembatan Besi squatters face eviction JAKARTA: Thousands of shanties sheltering squatters in Gang Soang, Jembatan Besi, West Jakarta, are scheduled to be knocked down soon, Tambora subdistrict head Mashuri said on Sunday. He said his office had told the squatters to vacate the area, but they insisted on staying. Mashuri said the area is owned by PT Cakrawira Bumi Mandala, a construction company.

Getting Online On The Road With Bluetooth

Getting Online On The Road With Bluetooth Vishnu K. Mahmud Contributor Jakarta vmahmud@yahoo.com Life as a road warrior in Jakarta is getting easier. As more and more people go online, businesses are beginning to see the benefits of information technology and the Internet. Proposals, orders or invoices that were once submitted via post or telefax can now be electronically submitted online via the World Wide Web. But what happens if you are out on the road and can't get back to your office?

Customers' trust vital for insurance business

Customers' trust vital for insurance business Andi Herlina Rosa Contributor Jakarta Burial benefits may be the first kind of life insurance known to humans. This type of life insurance was popular among Greek and Roman religious societies in ancient times. Neither these religious societies nor any other premodern systems for paying death benefits employed actuarial calculations.

Done

Done How insurance companies should weather the storm Mahendra Gautama Contributor Jakarta A "perfect storm" may be the appropriate phrase to describe the current predicament of insurance companies worldwide. One of the reasons for this is the failure of most mergers and acquisitions, which started in the early 1990s.

CDMA is coming, but keep your GSM handset

CDMA is coming, but keep your GSM handset A couple of years ago, an article in this paper said that Code Division Multiple Access (CDMA) cell phone technology was about to make inroads into Indonesia. Immediately, an expatriate living in Bandung lashed out at the author of the article in the Letters to the Editor column. Being apparently a consultant in the telecommunications industry, he said that the article was incorrect, that there was no way CDMA would have any market in Indonesia.

Police plan spending spree

Police plan spending spree JAKARTA: The National Police is planning to buy new equipment including planes, helicopters and boats worth more than US$100 million. National Police chief Gen. Da'i Bachtiar said on Sunday that the purchases would be made through export credit facilities from the 2002 state budget worth US$54 million, and the current allocation of $108 million from the 2003 state budget.

`Police's slogan to serve, protect the public is just empty rethoric'

`Police's slogan to serve, protect the public is just empty rethoric' With the National Police's 57th anniversary on Tuesday, many people have said their slogan of "to serve and protect the public" is not effective, despite separating from the military a few years ago. Rampant bribery has largely been blamed for their poor performance. The Jakarta Post talked to several people about this issue. Parjo, not his real name, 55, is a sidewalk vendor selling soft drinks in Petamburan, Central Jakarta.

JP/8/dump

JP/8/dump 2 x 25 Bojong villagers oppose dumpsite construction JP/8/speakup 2 x 35 'Police are just thugs in uniforms that make the poor people suffer'

Giving time-out for the body, mind and soul

Giving time-out for the body, mind and soul Debbie A. Lubis Contributor Jakarta A soothing scent from an aromatherapy oil, coupled with relaxing massage and soft music almost made Dea, 29, fall asleep during her two-hour spa treatment at Griya Natura, one of the mushrooming spa centers in Jakarta. For Dea, spa treatments have become a part of her routine and a necessary ritual to perform on the weekend to maintain her physical and mental health and to relieve her of stress.

National athletes grab 10K race awards

National athletes grab 10K race awards Arya Abhiseka, The Jakarta Post, Jakarta National athletes won the 10K run for friendship, which involved fewer than 14,000 people, held on Sunday morning to celebrate Jakarta's 476th anniversary. Agus Prayogo from the Central Java town, Salatiga, managed to reach the finish line in 30 minutes, 55 seconds in the male elite runner category, while Ferry Subnafeu from East Nusa Tenggara hit 35 minutes, three seconds in the female elite category.

;AP;KOD;

;AP;KOD; ANPAu..r.. Aglance-Malaysia-fatal blaze Five members of family killed in fire in Malaysia JP/11/ASEAN Mother, four children killed in fire MALAYSIA: A pregnant woman and her four children were killed in a predawn fire that trapped them in their home in a squatter settlement on Borneo island, an official said on Sunday.

COP helps reduce crime in Yogyakarta

COP helps reduce crime in Yogyakarta Sri Wahyuni, The Jakarta Post, Yogyakarta A local senior security officer has praised a community-oriented security project, called Community Oriented Policing (COP), for its contribution in reducing the crime rate, at least in the areas in which it has implemented, by up to 20 percent.

Stocks, rupiah to benefit from Mandiri IPO plan

Stocks, rupiah to benefit from Mandiri IPO plan Dadan Wijaksana The Jakarta Post Jakarta As overall sentiment remains positive, the Jakarta Composite Index is expected to resume its upward trend this week from a slight decline posted last week, said a dealer. "The decline (in last week's trading) had nothing to do with market sentiment. It was more investors waiting for fresh news, which could be seen from the daily trading average.

Govt plans to turn Bulog into a conglomerate

Govt plans to turn Bulog into a conglomerate Adianto P. Simamora, The Jakarta Post, Jakarta Following the change of the State Logistic Agency's (Bulog) status to a semi-profit-oriented state company (Perum), Bulog has transformed its business strategy from the short-term to the long-term with the aim of becoming a conglomerate, but the plan has drawn mixed reactions from analysts.

Ticket scalping rampant at Polonia Airport

Ticket scalping rampant at Polonia Airport Apriadi Gunawan, The Jakarta Post, Medan, North Sumatra Ticket scalpers at Polonia Airport in Medan, North Sumatra, have monopolized the market, forcing travelers to cancel domestic and international travel plans or pay twice the ticket price. A disappointed M. Isfahmi, 21, said he was unable to travel to Jakarta due to the lack of tickets available at travel agents or the airport, despite searching for a week.

`Don't expect too much from busway'

`Don't expect too much from busway' Bambang Nurbianto, The Jakarta Post, Jakarta The city administration plans to have the controversial busway project, scheduled for operation later this year, force commuters to leave their vehicles at home, but transportation experts have voiced their pessimism that this aim will be achieved.

Three soldiers questioned over rapes

Three soldiers questioned over rapes The Jakarta Post, Banda Aceh/Lhokseumawe, Aceh Three soldiers are currently being interrogated by Military Police in Lhokseumawe on suspicion of raping four women in Aceh between June 20 and 22. Military operation spokesman Lt. Col. Ahmad Yani Basuki said in Lhokseumawe on Sunday that the three, identified only as Private SP, Private HD, and Private HL, had committed the crimes separately on different days in North Aceh.

Feature photos

Feature photos Martha Tilaar Spa BODY TREATMENT: Spa offers a wide range of body treatments, from body masks, steam baths, aromatic massages and flower baths to pedicures and manicures. FOR MAKETING PERSPECTIVE -- INSURANCE. The Gandi Memorial International School PAINTING THE FUTURE: Two preschool students from Gandhi Memorial International School at Ancol Barat, North Jakarta, practice their artwork.

'RCTI' responds

'RCTI' responds This is in response to the letter by Mira Kurniasari titled Bantal on RCTI: A moral issue? (The Jakarta Post, June 18). First, we are grateful for her attention. The Bantal program is indeed a breakthrough in presenting facts found around us, particularly in major cities like Jakarta, aired on a television in Indonesia. It is intentionally broadcast at midnight, so underage viewers will not watch the program. Any breakthrough must have some risk and invite pros and cons.

Aceh's Nasi island sees blessing in disguise

Aceh's Nasi island sees blessing in disguise Yasad Ali, Antara, Banda Aceh, Aceh A blessing in disguise, in the form of construction of a Guantanamo-like detention center on Nasi island for Free Aceh Movement (GAM) rebels, may exist for the inhabitants who have been living there in solitude. "As part of the island group in the district of Pulau Aceh, Nasi island can be likened to a girl to whom many men have proposed but none has ever married," said Jamaluddin, a Nasi community leader.

1. SUKHOI: 3 x 19

1. SUKHOI: 3 x 19 House committee to begin inquiry into Sukhoigate 2. INONG: 1 x 40 'Inong Balee' say they never touched guns 3. NASI: 1 x 40 Aceh's Nasi island sees blessing in disguise 4. GRAVE: 2 x 31 Rights activists denounce grave excavations by military

Poor students still find place in top universities

Poor students still find place in top universities Sri Wahyuni and Zakki Hakim, The Jakarta Post, Yogyakarta/Jakarta Rumiyati, a graduate of state high school SMUN 3 in Bantul, Yogyakarta, felt fortunate to have passed the entrance exam at Gadjah Mada University (UGM) through a special program. But she was startled to learn that the university was demanding Rp 5 million (US$609) in admission fees when she re- registered with the selection committee.

Stocks, rupiah to benefit from Mandiri IPO plan

Stocks, rupiah to benefit from Mandiri IPO plan Dadan Wijaksana, The Jakarta Post, Jakarta As overall sentiment remains positive, the Jakarta Composite Index is expected to resume its upward trend this week from a slight decline posted last week, said a dealer. "The decline (in last week's trading) had nothing to do with market sentiment. It was more investors waiting for fresh news, which could be seen from the daily trading average.

Malaysian banks at crossroads ahead of market liberalization

Malaysian banks at crossroads ahead of market liberalization Eileen Ng, Agence France-Presse, Kuala Lumpur Two years after a sweeping consolidation, Malaysian banks are again at a crossroads as they seek a new round of mergers to stay competitive ahead of market liberalization, analysts said.

1. MEGA (4 X 12)

1. MEGA (4 X 12) Mega urges families to fight drugs, violence 2. MK (2 X 24) House told to save time in constitutional court debate 3. STUDENT (1 X 50) Poor students still find place in top universities 4. MUHAMMADIYAH (2 X 20) Muhammadiyah urges Mega to fight graft

* Headlines: House committee starts Sukhoi inquiry3

* Headlines: House committee starts Sukhoi inquiry3 * National:Muhammadiyah urges Mega to fight graft 4 * Archipelago:Banks refuse to cash Semen Padang checks5 * Opinion:Police are not mere dishwashers7 * City:'Don't expect too much from busway'8 * Sports:Johnson takes one-stroke PGA Tour lead 9 * World:U.S. troop death toll in Iraq passes 200 11 * Business:Govt plans to turn Bulog into a conglomerate13 * Features:Ride still wants to fly into space 20

1. Police: 1 x 50

1. Police: 1 x 50 Police need thorough overhaul to improve image 2. MYANMAR: 1 x 37 ASEAN insists on release of Suu Kyi 3. TAIWAN: 1 x 42 Taiwan blames RI for canceled investments 4. CRIME: 2 x 26 UN anticorruption pact raises last-minute alarms 5. ODD: 1 x 35 Donkeys married in bid for rain

Protected forests in Bogor shrinking

Protected forests in Bogor shrinking BOGOR: Protected forests in Bogor, such as those on the slopes of Mt. Salak, Mt. Pangrango and Mt. Pongkor, are being destroyed by illegal logging and mining, an expert says. Dudung Darusman, a professor of forestry from the Bogor Institute of Agriculture, said illegal logging was rampant in the protected forest on Mt. Pangrango, while geothermal gas extraction is taking place in the forest on Mt. Salak. The forest on the slopes of Mt.

JP/8/car

JP/8/car Father, son escape car fire BOGOR: A man and his son escaped a fire that engulfed most of their car as they were driving to Ciomas Permai housing complex in Bogor, West Java, on Sunday. Saiful Bachri, the father from Sukamaju village in Pagelaran subdistrict, and his son quickly jumped out of the sedan when the fire broke out at 11:30 a.m.

`EU farm reform has little impact on RI farm exports'

`EU farm reform has little impact on RI farm exports' M. Taufiqurrahman, The Jakarta Post, Jakarta The latest reform measures of the European Union (EU) for the agriculture sector, which include subsidy cuts for farmers, will have little impact in boosting Indonesia's farm exports to the European market, an analyst has said.

Bali spas, a feast of rejuvenating treatments

Bali spas, a feast of rejuvenating treatments I Wayan Juniartha and Fitri Wulandari The Jakarta Post Denpasar, Bali Bali is undoubtedly a haven for spa-lovers. From luxurious spas in five-star hotels to small ones nestled among surf shops along the Kuta tourist strip, the "island of the gods" offers a feast of health and relaxation treatments.

Lava kills 4.6 tons of fish

Lava kills 4.6 tons of fish BANDUNG, West Java: Lava from West Java's highly active Mount Papandayan has killed nearly 5 tons of fish, the Ministry of Fisheries and Maritime Affairs said on Saturday. Ministry's production and conservation head for Garut regency, Nandang Sutara, said the lava entered the Dawuan irrigation channel and Cimanuk River, burying 11 fish ponds and killing 1,200 fish fry and 4.6 tons of mature fish.

RI rejects foreign investment?

RI rejects foreign investment? We, PT Southwest Screens & Filters (PT SSF), are a foreign investment subsidiary of Southwest Screens & Filters, S.A (SSF SA) Belgium. PT SSF has, as indicated in its financial statements from 1999 until 2002, experienced some losses. Therefore, every year PT SSF has submitted a tax claim. Our yearly tax assessment since 1999 until 2001 did not satisfy us at all as a dutiful foreign investment firm.

Bojong villagers oppose dumpsite construction

Bojong villagers oppose dumpsite construction The Jakarta Post, Jakarta About 500 people from eight villages in three subdistricts, including Jonggol, Bogor, staged a rally over the weekend to oppose the Jakarta administration's plan to use land there as a dumpsite. "We reject the construction of a dumpsite as it would be a disaster for locals," one of the protesters, Triasa Cahyaputra, was quoted as saying by Antara on Saturday.

`Inong Balee' say they never touched guns

`Inong Balee' say they never touched guns Nani Farida, The Jakarta Post, Banda Aceh A group of detained Acehnese women, whom the Indonesian Military (TNI) claims are members of the Free Aceh Movement's women's brigade (Inong Balee), say they know nothing about weapons or combat. However, some of the 13 women arrested by the military since the military operation began more than one month ago admitted that they had been trained by GAM, or were married to GAM members or even leaders.

NU asks PKB to settle disputes

NU asks PKB to settle disputes JAKARTA: The country's largest Muslim organization Nahdlatul Ulama (NU) has urged the two warring factions of the National Awakening Party (PKB) to settle their dispute. The organization, which boosts some 50 million members, underlined on Sunday that it would not take sides in the dispute in order to maintain unity among NU members.

House committee to begin inquiry into Sukhoigate

House committee to begin inquiry into Sukhoigate The Jakarta Post, Jakarta Alleged irregularities in the purchase of Russian-made Sukhoi jet fighters are expected to come into the open slowly as lawmakers begin their investigation on Monday into the highly politicized case.

Hope, skepticism mark FSAI plan

Hope, skepticism mark FSAI plan Evi Mariani The Jakarta Post Jakarta The government's plan to establish a one-roof financial regulatory and supervisory institution called the Financial Services Authority Institution (FSAI), has raised hope and skepticism among economists, financial regulators and market players as the institution would have a very powerful role.

`EU farm reform has little impact on RI farm exports'

`EU farm reform has little impact on RI farm exports' M. Taufiqurrahman The Jakarta Post Jakarta The latest reform measures of the European Union (EU) for the agriculture sector, which include subsidy cuts for farmers, will have little impact in boosting Indonesia's farm exports to the European market, an analyst has said.

Hope, skepticism mix over FSAI plan

Hope, skepticism mix over FSAI plan Evi Mariani, The Jakarta Post, Jakarta The government's plan to establish a one-roof financial regulatory and supervisory institution called the Financial Services Authority Institution (FSAI), has raised hope and skepticism among economists, financial regulators and market players as the institution would have a very powerful role.

(Advertorial)

(Advertorial) Made in Batam, for Iran In the bilateral economic relationship between Indonesia and Iran, exports from Indonesia were previously limited to commodities like clove, coffee and sugar. The relationship has changed for the better since the visit of Iranian Ambassador to Indonesia, Shaban Sahidi Maddab, to Batam on June 9, 2003. During his visit, the ambassador also paid a visit to PT Citra Tubindo Tbk, a manufacturer of pipes for oil exploration.

How the `transparent war' in Aceh has gone so far

How the `transparent war' in Aceh has gone so far Aboeprijadi Santoso, Radio 68-H, Lhoksemauwe, Aceh The claim that the military operation in Aceh is a "transparent war" assumes that the war has been conducted in a civilized way. It should be possible, that is, for the public to monitor the conduct of the war through the media. However, it did not work that way.

1. Bulog (1x44)

1. Bulog (1x44) Govt plans to turn Bulog into a conglomerate 2. Farm (2x26) `EU farm reform has little impact on RI farm exports' 3. FSAI (1x37) Hope, skepticism mix over FSAI plan

ASEAN insists on release of Suu Kyi

ASEAN insists on release of Suu Kyi Fabiola Desy Unidjaja, The Jakarta Post, Jakarta The Association of Southeast Asia Nations (ASEAN) is continuing to seek the early release of Myanmar democratic opposition leader Aung San Suu Kyi from government detention, a government official says.

Muhammadiyah urges Megawati to fight graft

Muhammadiyah urges Megawati to fight graft Andi Hajramurni, The Jakarta Post, Makassar, South Sulawesi The country's second largest Muslim-based organization, Muhammadiyah, urged President Megawati Soekarnoputri on Sunday to show her commitment to fighting against rampant corruption in the country.

Mega urges families to fight drugs, violence

Mega urges families to fight drugs, violence Sari P. Setiogi, The Jakarta Post, Lumajang, East Java President Megawati Soekarnoputri urged Indonesian families on Sunday to strengthen bonds among family members to reduce the number of drug users and level of violence in the country.

GOING UNDERGROUND: A man works on an underpass linking the Lebak

GOING UNDERGROUND: A man works on an underpass linking the Lebak Bulus bus terminal and Pasar Jumat in South Jakarta, as a car passes by. The underpass, slated to be inaugurated in conjunction with the National Police's 57th anniversary on Tuesday, is expected to ease traffic congestion in the area.

Luwu residents want change in status to that of province

Luwu residents want change in status to that of province Antara, Belopa, South Sulawesi Hundreds of thousands of Luwu regency residents signed a huge white banner spread out on Opu Dg Risaju soccer field here on Saturday to demand that the regency be declared a province. Similar ceremonies were simultaneously held in Palopo, Palopo regency; Masamba Luwu Utara in Masamba regency; and Malili Luwu Timur in Malili regency, involving hundreds of thousands of locals.

JP/4/cap27

JP/4/cap27 ANTARA/ZARQONI BUSINESS AS USUAL: Acting Maluku Governor Sinyo Sarundadjang (left) greets arriving Lion Air passengers as Ambon Mayor Yopi Papilaya (center) looks on at Pattimura Airport, Maluku. Following security improvement in the province, some airlines have opened routes to Maluku. Lion Air, for example, made its maiden flight to Maluku on Saturday.

Padang may suffer income deficit

Padang may suffer income deficit Kasparman, The Jakarta Post, Padang, West Sumatra The Padang Municipal Administration could lose up to Rp 13.6 billion (US$1.6 million) in tax from cement producer PT Semen Padang in 2003 as banks continuously reject checks issued by the firm's old management team that insisted on running the firm.

'Risks for S'pore, HK as foreign firms seek to list'

'Risks for S'pore, HK as foreign firms seek to list' Karl Malakunas, Agence France-Presse, Singapore Foreign company listings are expected to rise in Singapore and Hong Kong following the end of the SARS crisis but the floats pose risks for both cities' corporate governance reputations, analysts said.

Electricity industry can turn to banks, bonds for financing

Electricity industry can turn to banks, bonds for financing Fitri Wulandari, The Jakarta Post, Jakarta Power shortage woes in the country might just have a way out, as domestic financing sources such as banks and the bond market are now ready to provide financial backup for power projects, according to experts.

Time for National Police 'dialysis'

Time for National Police 'dialysis' Soeryo Winoto Staff Writer The Jakarta Post Jakarta It is interesting to listen to National Police chief Gen. Da'i Bachtiar's recent promise that the police will strive to establish improved standards by providing the public with better services and more protection. The police have to get closer to the people, the general has said.

House told to save time in constitutional court debate

House told to save time in constitutional court debate Muninggar Sri Saraswati, The Jakarta Post, Jakarta As the Aug. 17 deadline for the establishment of the Constitutional Court nears, legislators and the government have been urged to avoid debating technicalities. An observer suggested on Saturday that both the House and the government focus on the authority of the court, court proceedings procedures and the recruitment and dismissal of court judges.

Police need thorough overhaul to improve image

Police need thorough overhaul to improve image Soeryo Winoto, Staff Writer, The Jakarta Post, Jakarta It is interesting to listen to National Police chief Gen. Da'i Bachtiar's recent promise that the police will strive to establish improved standards by providing the public with better services and more protection. The police have to get closer to the people, the general has said.

checked by Rich

checked by Rich Life insurance: one sure way to plan one's future Godo Tjahjono Vice President Sun Life Financial, Jakarta Various pictures, mostly unpleasant, are conjured up in your mind when you hear the word "insurance".

Rights activists denounce grave excavations by military

Rights activists denounce grave excavations by military Fabiola Desy Unidjaja, The Jakarta Post, Jakarta Human rights activists denounced the excavation of mass graves in Aceh by the Indonesian Military (TNI), saying it violated normal investigation procedures for possible gross violations of human rights.

Walhi sues Japanese govt

Walhi sues Japanese govt JAKARTA: The Indonesian Forum for the Environment (Walhi) said Saturday that the hearing of a lawsuit against the Japanese government over alleged environmental destruction around the Kotopanjang dam, West Sumatra, would begin on July 3 in the Tokyo District Court. Some 8,000 Kotopanjang people who were relocated due to the construction of the dam also filed a similar lawsuit.

Golkar to hold national meeting

Golkar to hold national meeting MAKASSAR, South Sulawesi: The Golkar Party will hold a national meeting from July 4 through 6 in Makassar, South Sulawesi, to introduce the party's nine presidential candidates. At the meeting, Golkar's presidential candidates will deliver their visions and agendas for Indonesia's future development.