Indonesian Political, Business & Finance News

Archive: 15 July 2003

84 articles found

Bank Mandiri makes impressive stock market debut

Bank Mandiri makes impressive stock market debutEvi Mariani and Rendi Witular, The Jakarta Post, Jakarta Shares of the giant state-owned Bank Mandiri made an impressive debut on Monday, surging by 25.9 percent, which some say may reflect growing investor confidence in the economy.

East Timor upset over travel alerts

East Timor upset over travel alertsEAST TIMOR: The world's youngest nation, East Timor, appealed on Monday for Australia to lift a travel warning alerting Australians of potential terror attacks in the poor, former Indonesian territory.

E. Timor refugees to be reregistered

E. Timor refugees to be reregistered KUPANG, East Nusa Tenggara: The Ministry of Home Affairs will reregister East Timorese refugees in West Timor next month due to conflicting reports on their number.East Nusa Tenggara's refugee task force and relevant government offices recently submitted numbers...

On Aceh reporting

On Aceh reporting I would like to comment on Aboeprijadi Santoso's article titled Unspoken protest amid prolonged war in Aceh (The Jakarta Post, July 8).The article is a typical example of one-sided and unbalanced reporting.

Rp 2.5b sports event criticized

Rp 2.5b sports event criticized JAYAPURA, Papua: The Papua branch of Indonesian National Youth Committee (KNPI) has drawn fire for organizing an event that cost the administration about Rp 2.5 billion (more than US$2 million).

Financial intermediation still faces barriers

Financial intermediation still faces barriersThe Jakarta Post, Malang, East Java Persistently high business risks, low business confidence, inadequate expertise in lending to small and medium-scale firms, and the big sums of bad corporate debts that have yet to be restructured seem to stand in the...

No Aceh rebels in Malaysia: Envoy

No Aceh rebels in Malaysia: Envoy JAKARTA: Malaysian Ambassador to Indonesia Dato' Hamidon Ali assured on Monday that none of separatist Free Aceh Movement (GAM) members taking refuge in his country."We did not find any Acehnese rebels residing in our country," the ambassador said after meeting...

Car sales figures up 7.2 percent

Car sales figures up 7.2 percentThe Jakarta Post, Jakarta The latest domestic figures for new vehicle sales showed an increase of 7.2 percent on month to 30,319 units in June, the Indonesian Association of Automotive Manufacturers (Gaikindo) said Monday.New vehicle sales also rose 12.

Minister backs suspension of DI workers

Minister backs suspension of DI workersEvi Mariani and Yuli Tri Suwarni, The Jakarta Post, Jakarta/Bandung State Minister for State Enterprises Laksamana Sukardi threw his weight behind the management of PT Dirgantara Indonesia (PT DI) over the weekend in their suspension of over 9,600 employees,...

'House blast a terror message'

'House blast a terror message'Damar Harsanto, The Jakarta Post, Jakarta Less than 24 hours after the police chief warned the public of the possibility of acts of terror, a bomb exploded at the compound of the House of Representatives/People's Consultative Assembly in Senayan, Central Jakarta, on...

Blast hits rupiah, other monies up

Blast hits rupiah, other monies upDow Jones, Singapore Most Asian currencies kicked off the week on a stronger note, although the Indonesian rupiah was jolted by a bomb explosion in the country's parliament building.

Vietnamese fishermen arrested

Vietnamese fishermen arrested BANDAR LAMPUNG: Eleven Vietnamese fishermen were arrested in Lampung on Saturday for poaching on Indonesian waters.Lampung marine police chief Adj. Comr. Putut Prayodi said the fishermen were found fishing some nine miles from the coastline of Tulang Bawang district in...

Big names vie to become DPD members next year

Big names vie to become DPD members next yearBambang Nurbianto, The Jakarta Post, Jakarta Claiming to represent the interests of Jakarta, a number of people including a former minister, businesspeople, activists and also ethnic Jakartans (Betawi) joined the race to gain membership in the Regional...

1. Todd ---

1. Todd --- Developing RI gas market 2. Guard --- 1 x 30 Who rules the financial markets?

JP/4/scen15

JP/4/scen15KAMMI backs Cak Nur's bid JAKARTA: The Indonesian Muslim Students Action Front (KAMMI) threw its support behind Muslim scholar Nurcholish Madjid on Monday to join the presidential race on the Golkar ticket.

Enthusiastic candidate numbers shock KPU

Enthusiastic candidate numbers shock KPUMoch. N. Kurniawan, The Jakarta Post, Jakarta Beyond expectations, people have enthusiastically picked up registration forms to contest the regional representatives election next year, prompting the General Elections Commission (KPU) to extend the...

Amrozi admits bringing explosives to Bali but denies role in blasts

Amrozi admits bringing explosives to Bali but denies role in blastsWahyoe Boediwardhana, The Jakarta Post, Denpasar, Bali The prime suspect of the Bali bombings, Amrozi, testified on Monday that he transported a vast amount of chemical substances to the resort island, but denied that the blasts...

* Headlines: Alleged JI member escapes from RP jail 2

* Headlines: Alleged JI member escapes from RP jail 2 * National: Mega complains about increasing House powers 4 * Archipelago: Doctors mull surgery to separate twins5 * Opinion: Japan should not follow U.S.

Killers among us

Killers among us If nine months of relative peace after the Bali catastrophe have allowed Indonesians to lapse into a false sense of security, then the events of the past few days should take them firmly back to reality: the terrorist game is far from over here.

PLN gas supply agreements under negotiation

PLN gas supply agreements under negotiation Contractor New contractsAmerada hess Santos BP ONWJ BP Muriah Conoco Phlipps --------------- FieldUjung Pangkah Oyong ONWJ ONWJ Kepodang Corridor, Sumatra Deliver to ----------------- Gresik, East Java power plant Grati, East Java power plant Muara Karang...

Squatters refuse to vacate land

Squatters refuse to vacate land JAKARTA: Some 100 people, who had occupied land owned by state housing company Perum Perumnas in Kemayoran, Central Jakarta, refused to leave their homes because they had paid local officials to allow them to stay.

Martial law fails to stop extortion in Aceh

Martial law fails to stop extortion in AcehDewi Kurniawati, Contributor, Banda Aceh, Aceh Almost two months into the bloody military operation aimed at crushing separatist rebels in Aceh province, some things have not changed much.

Tommy Soeharto's case goes to Supereme Court for review

Tommy Soeharto's case goes to Supereme Court for reviewThe Jakarta Post, Jakarta Prosecutors opposed on Monday an attempt by Hutomo "Tommy" Mandala Putra, the youngest son of former president Soeharto, to overturn his murder conviction and 15-year prison sentence on the grounds of fresh evidence.

East Timor upset over travel alerts

East Timor upset over travel alertsEAST TIMOR: The world's youngest nation, East Timor, appealed on Monday for Australia to lift a travel warning alerting Australians of potential terror attacks in the poor, former Indonesian territory.

Catching up with Jakarta buses

Catching up with Jakarta busesTertiani ZB Simanjuntak, The Jakarta Post, Jakarta When Jakartans say they have to catch a bus, often they are speaking literally. For getting a bus in the capital frequently involves running down the street after the thing, because buses never actually seem to pull up...

Residents fed up with lack of drinking water

Residents fed up with lack of drinking water The Meteorology and Geophysics Agency (BMG) predicts that many city residents will face water shortages as the current dry season is forecast to last up to August. The absence of rainfall will likely cause many artesian wells to dry up.

Alleged JI member escapes from RP jail

Alleged JI member escapes from RP jailJim Gomez, Associated Press, Manila An Indonesian man who allegedly confessed to involvement in nearly simultaneous bombings in Manila that killed 22 people escaped on early Monday from jail with two other terror suspects, police said.

U.S.-based golfer Tumbel leads E. Java Open

U.S.-based golfer Tumbel leads E. Java OpenThe Jakarta Post, Jakarta Ben Tumbel from the Jakarta Golf Club, now residing in the U.S., took the early lead in the Rp 150 million (US$16,000) East Java Open by two strokes after carding a 2-under 70 (34 36) on Monday.

Mega complains about DPR's powers

Mega complains about DPR's powersI Wayan Juniartha, The Jakarta Post, Kuta, Bali President Megawati Soekarnoputri expressed concern on Monday over the increasing powers of the House of Representatives, saying that it had virtually changed the country's government from a presidential to a...

Beware: Foreign NGOs

Beware: Foreign NGOs in PapuaFrom Koran Tempo The Papuan issue is Indonesia's domestic affair and the nation will solve it on its own. Foreign non-governmental organizations only create confusion instead of helping local people, and the government should watch out for their activities in the...

1. President complains about DPR's powers

1. President complains about DPR's powers 2. Assembly gears up to establish Constitution court3. Tommy case goes to Supreme Court4. RI to host fifth ASEM meeting5. Candidate numbers shock KPU

NGOs to investigate misuse of Rp 16b donation

NGOs to investigate misuse of Rp 16b donationMulta Fidrus, The Jakarta Post, Tangerang Several non-governmental organizations (NGOs) agreed on Monday to investigate the alleged misuse of a Rp 16 billion (US$2 million) donation to the Tangerang mayoralty.

Aceh students disappointed by delay of new school year

Aceh students disappointed by delay of new school yearAgencies, Jakarta Thousands of students in war-torn Aceh arrived at school on Monday only to learn one thing -- that the new academic year had been moved back a week.

RI to host fifth ASEM meeting

RI to host fifth ASEM meetingFabiola Desy Unidjaja The Jakarta Post JakartaIndonesia is to host the fifth Asia Europe Ministerial Meeting (ASEM) in Denpasar, Bali, on July 24 and 25 to address a series of international security issues including the postwar situation in Iraq and the North Korea...

1 x 32

1 x 32 Rattan firms accused of pollution JP/5/twin2 x 19 Doctors mull surgery to separate twins JP/5/irian2 x 25 Govt moves closer to split Papua despite controversy JP/5/pungli1 x 37 Martial law fails to stop extortion

Doctors mull surgery to separate conjoined twins

Doctors mull surgery to separate conjoined twinsYuli Tri Suwarni, The Jakarta Post, Bandung A team of medical experts in Bandung were exploring the possibility of separating conjoined twins born in the West Java capital on Saturday.Hasan Sadikin Hospital care and services director Dr.

Visa records 26% rise in sales

Visa records 26% rise in sales JAKARTA: Visa Indonesia said on Monday its card sales volume, or the total value of transactions made using Visa cards, grew by 26 percent in the first month of the year compared to the same period last year.

'My Asian Neighbors' in hilarious cartoons

'My Asian Neighbors' in hilarious cartoonsTantri Yuliandini, The Jakarta Post, Jakarta An artist works by absorbing the world around him and pouring it back into his creations. Sometimes the expression comes abstractly, other times, as in the work of cartoonists, it takes the form of...

American tried for wife abuse

American tried for wife abuse BOGOR: An American citizen, John William De Koning, 59, was tried at Cibinong District Court on Monday on a charge of physically abusing his wife.During the trial, De Koning's lawyer, Thomas E Tampubolon, demanded the court free his client because the charge was...

Mega's running mate undecided

Mega's running mate undecided MANADO, North Sulawesi: Veteran politician from the Indonesian Democratic Party of Struggle (PDI Perjuangan) Sabam Sirait said on Monday that his party would nominate chairwoman Megawati Soekarnoputri as the sole presidential candidate.

High minimum wage policy creates more unemployment

High minimum wage policy creates more unemploymentFitri Wulandari, The Jakarta Post, Malang, East Java While labor activists lauded the government's decision to increase workers' minimum wages, a study shows that it has cut jobs in the formal sector and has tended to lower wages in the informal...

Where to go in Bandung for Tuesday, July 15, 2003

Where to go in Bandung for Tuesday, July 15, 2003Performances* Dance Drama Arjuna Gugat Taman Budaya Jawa Barat (West Java Cultural Center), Jl. Bukit Dago Selatan no. 53 A (Tel. 022 2504912), 7:30 p.m., July 14. * Comedy Drama Love and Drug, Taman Budaya Jawa Barat (West Java Cultural Center), Jl.

Rp 2.5b sports event criticized

Rp 2.5b sports event criticized JAYAPURA, Papua: The Papua branch of Indonesian National Youth Committee (KNPI) has drawn fire for organizing an event that cost the administration about Rp 2.5 billion (more than US$2 million).

Visa records 26% rise in sales

Visa records 26% rise in sales JAKARTA: Visa Indonesia said on Monday its card sales volume, or the total value of transactions made using Visa cards, grew by 26 percent in the first month of the year compared to the same period last year.

15,305 councillors to be elected next year

15,305 councillors to be elected next yearMoch. N. Kurniawan, The Jakarta Post, Jakarta A total of 1,780 councillors in 30 provinces and another 13,525 in 410 regencies and municipalities will be elected during the 2004 general elections, the General Elections Commission (KPU) announced Monday.

Three month jail sought for students

Three month jail sought for studentsM. Taufiqurrahman, The Jakarta Post, Jakarta Prosecutors asked the court for a three-month imprisonment on Monday for three University of Indonesia (UI) students who were arrested for "violating the law on freedom of expression" and "disturbing public order.

Walton goes, hopeful to the last

Walton goes, hopeful to the lastMegan James, Contributor, Jakarta After more than a decade in any job, being unable to note any improvements in your chosen field might depress some career men. But not Tom Walton, the outgoing Environment Coordinator for World Bank projects in Indonesia, who's been...

KAHMI backs Cak Nur's bid

KAHMI backs Cak Nur's bid JAKARTA: The Association of Islamic Students Alumni (KAHMI) three its support behind Muslim scholar Nurcholish Madjid on Monday to join the presidential race within Golkar.KAHMI member Abdul Asri Harahap said Nurcholish, better known as Cak Nur, must continue his bid as...

Govt moves closer to split Papua despite controversy

Govt moves closer to split Papua despite controversyNethy Dharma Somba, The Jakarta Post, Jayapura, Papua The central government moved closer to creating a West Irian Jaya province in Papua on Monday, despite lingering controversies over the plan to split the troubled region into three -- Papua,...

Indonesian fiscal consolidation impressive

Indonesian fiscal consolidation impressiveThe Jakarta Post,, Malang, East Java Analysts have accorded top marks to Indonesia for its fiscal consolidation over the last three years, calling it quite an impressive achievement despite the pump-priming policies pursued by the government and the string...

Blast hits rupiah, other monies up

Blast hits rupiah, other monies up 2. Asia (3 x 16) Short-haul travel the future for Asia as youth market booms 3. Trade (2 x 30) Brazil and South Africa attack farm subsidies

Fruit of power and arrogance

Fruit of power and arrogance Indonesia's aircraft manufacturing company, PT Dirgantara Indonesia, which has been the country's pride during the New Order era, is on the brink of bankruptcy.All of the company's activities practically came to a halt last Saturday, after it suspended operations and...

Gus Dur for president: PKB

Gus Dur for president: PKB PURWOKERTO: The National Awakening Party (PKB) will nominate former president Abdurrahman Wahid, or Gus Dur as he is popularly known, its candidate in the 2004 general election, party chairman Alwi Shihab said Monday.

Mercury spells disaster in W. Kalimantan

Mercury spells disaster in W. KalimantanBambang Bider, Contributor, Pontianak, West Kalimantan Rivers with clean water in West Kalimantan are a thing of the past, an exotic memory for today's generation.

RI to host fifth ASEM meeting

RI to host fifth ASEM meetingFabiola Desy Unidjaja, The Jakarta Post, Jakarta Indonesia is to host the fifth Asia Europe Ministerial Meeting (ASEM) in Denpasar, Bali, on July 24 and 25 to address a series of international security issues including the postwar situation in Iraq and the North Korea...

Taufik cancel visit after plane trouble

Taufik cancel visit after plane trouble JAKARTA: First gentleman Taufik Kiemas canceled his visit to Manado, North Sulawesi on Monday after the engine of plane he boarded from Singapore developed a trouble.

JP/7/let

JP/7/let Small businesses can help economy From Suara KaryaSmall and medium-scale businesses (UKM), which constitute 94 percent of Indonesia's business activities, should be reactivated to boost the economy and income of the majority, as well as to provide new job opportunities.

Police blasted over gambling inaction

Police blasted over gambling inaction BATAM, Riau: The Batam Muslim Young Preachers' Association (IDM) has lashed out at Riau Police for failing to crack down on gambling on the industrial island.IDM deputy chairman Iskandar Zulkarnaen said police had failed to follow up on an investigation into...

IBRA fails to draw investors for Texmaco assets

IBRA fails to draw investors for Texmaco assetsThe Jakarta Post, Jakarta The Indonesian Bank Restructuring Agency (IBRA) said on Monday it had failed to lure investors for the sale of Rp 28 trillion (some US$3.1 billion) worth of Texmaco Group debts.

Pilots survive from training plane crash

Pilots survive from training plane crash JAKARTA: An Air Force training plane crashed on Monday into a dam in West Java, but its pilot and co-pilot survived by jumping into the water.The plane, identified as a Marceti SF-260, plunged at about 12:20 p.m.

BMW takes over distribution in KL

BMW takes over distribution in KL KUALA LUMPUR: German luxury car maker BMW will take over the distribution of its vehicles in Malaysia ahead of market liberalization here in 2005, a report said Monday.BMW will sign a pact Tuesday with local franchise Sime Darby Bhd.

'ASEAN must act on people-trafficking'

'ASEAN must act on people-trafficking'MALAYSIA: A UN women's organization on Monday urged Southeast Asia to establish a new treaty to fight human traffickers that drive women into the sex trade and other illegal work.

'PDI trial dossier fabricated, won't find those responsible'

'PDI trial dossier fabricated, won't find those responsible'M. Taufiqurrahman, The Jakarta Post, Jakarta Marked with protests from victims of an attack on the Indonesian Democratic Party (PDI) headquarters in 1996, the trial against the alleged attackers was once again adjourned on Monday after the...

TV Program: Tuesday, July 15, 2003

TV Program: Tuesday, July 15, 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...

Squatters refuse to vacate land

Squatters refuse to vacate land JAKARTA: Some 100 people, who had occupied land owned by state housing company Perum Perumnas in Kemayoran, Central Jakarta, refused to leave their homes because they had paid local officials to allow them to stay.

Ten-man Persita scrapes to 2-1 victory over HAGL

Ten-man Persita scrapes to 2-1 victory over HAGLArya Abhiseka, The Jakarta Post, Jakarta Indonesian teams have had positive results in the ongoing ASEAN Club Championship.After an opening 2-0 win by Petrokimia Putra in Gresik, East Java, on Sunday, 10-man Persita followed with a 2-1 victory at the...

Indonesia to hold trade fair in KL

Indonesia to hold trade fair in KL JAKARTA: An exhibition, entitled "Discover Indonesia Trade Fair" will be held from July 30 to Aug. 3, this year in Kuala Lumpur to allow Indonesian businesses to explore business opportunities in the neighboring country.

RI to host fifth ASEM meeting

RI to host fifth ASEM meetingFabiola Desy Unidjaja The Jakarta Post JakartaIndonesia is to host the fifth Asia Europe Ministerial Meeting (ASEM) in Denpasar, Bali, on July 24 and 25 to address a series of international security issues including the postwar situation in Iraq and the North Korea...

Australia announces new antiterrorism accord with RP

Australia announces new antiterrorism accord with RPJim Gomez, Associated Press, Manila Australian Prime Minister John Howard announced on Monday a new antiterrorism accord with the Philippines and an aid package designed to bolster Southeast Asia's security shield against attacks.

Developing RI gas market

Developing RI gas marketJames Castle and Todd Callahan, CastleGroup, Jakarta Aggressive new players from Asia, Australia and the Middle East are successfully challenging Indonesia's decades-long domination of Asia's LNG market.

1,800 students too poor to study

1,800 students too poor to study BANDUNG: At least 1,800 elementary school graduates in Bandung, West Java, cannot afford to continue their studies at secondary schools, officials say.Bandung municipal education office head Edi Siswadi said on average, "around five percent of elementary school...

SSX ups profit target on robust bond market

SSX ups profit target on robust bond marketEvi Mariani, The Jakarta Post, Jakarta Cashing in on the vigorous bond market this year, the Surabaya Stock Exchange (SSX) in East Java has gained a healthy net profit during the first semester, which saw about 25 bond issuances worth more than Rp 7.

KAHMI backs Cak Nur's bid

KAHMI backs Cak Nur's bid JAKARTA: The Association of Islamic Students Alumni (KAHMI) three its support behind Muslim scholar Nurcholish Madjid on Monday to join the presidential race within Golkar.KAHMI member Abdul Asri Harahap said Nurcholish, better known as Cak Nur, must continue his bid as...

Govt urges Permata to explore rescue plans

Govt urges Permata to explore rescue plansThe Jakarta Post, Jakarta Bank Permata, caught in the middle of a legal dispute between the Indonesian Bank Restructuring Agency (IBRA) and the Attorney General's Office, has been asked to study options to salvage the bank in case resolution of the dispute...

Power cut disrupts water supply

Power cut disrupts water supply JAKARTA: A disruption to the electricity supply at Cawang pumping station, which is managed by public company Perum Jasa Tirta II (PJT II), has stopped the supply of raw water to the Pejompongan water processing installation since 3 a.m. on Sunday.

1. Terror -- 3 cols, 3 lines, 48pts MB, 60 counts

1. Terror -- 3 cols, 3 lines, 48pts MB, 60 counts Terror attack warning: Will be indiscriminate and target government 2. Amrozi -- 4 cols, 2 lines, 36pts MB, 70 counts Amrozi admits bringing explosives to Bali but denies role in blasts 4.

RI to hold trade fair in KL

RI to hold trade fair in KL JAKARTA: An exhibition, entitled "Discover Indonesia Trade Fair" will be held from July 30 to Aug. 3, this year in Kuala Lumpur to allow Indonesian businesses to explore business opportunities in the neighboring country.

Rattan firms accused of pollution

Rattan firms accused of pollutionNana Rukmana, The Jakarta Post, Cirebon, West Java Most of the approximately 1,200 rattan companies in the province of West Java have been accused of failing to protect both the environment and the rights of their workers.

Assembly gears up to establish constitution commission

Assembly gears up to establish constitution commissionKurniawan Hari, The Jakarta Post, Jakarta The People's Consultative Assembly (MPR) is gearing up for its Annual Session wherein it is expected to endorse a decree establishing the long awaited Constitutional Commission, however its functions...

Angie, Wynne a challenge to German players: Lang

Angie, Wynne a challenge to German players: LangMusthofid, The Jakarta Post, Jakarta The German team will be in for a "challenge" against local stars Angelique Widjaja and Wynne Prakusya when they take on Indonesia in a Federation Cup playoff, according to the head of the visiting delegation.

Blast hits rupiah, other monies up

Blast hits rupiah, other monies up 2. Asia (3 x 16) Short-haul travel the future for Asia as youth market booms 3. Trade (2 x 30) Brazil and South Africa attack farm subsidies

Terror attack warning: Will be indiscriminate and target government

Terror attack warning: Will be indiscriminate and target governmentTiarma Siboro, The Jakarta Post, Jakarta Terror bomb attacks may well continue, albeit with government facilities as the new targets, as opposed to public places, an official and an expert warned on Monday.

Below-par Yurita, Nunung win golds at athletics meet

Below-par Yurita, Nunung win golds at athletics meetThe Jakarta Post, Jakarta National athletes Yurita Ariani and Nunung Jayadi were unchallenged in their respective fields on the penultimate day of the National Track and Field Championships, in which South Sumatra took over at the top with a total...

RP to buy Australian coal, will take Canberra to WTO over fruits

RP to buy Australian coal, will take Canberra to WTO over fruits Agence France-Presse ManilaThe Philippines said Monday it would by coal from Australian over the next two years but at the same time it is talking Canberra to the World Trade Organization (WTO) over a ban on its tropical fruit exports.