Indonesian Political, Business & Finance News

Archive: 25 July 2003

87 articles found

Asia, Europe oppose unilateralism

Asia, Europe oppose unilateralism Fabiola Desy Unidjaja, The Jakarta Post, Nusa Dua, Bali The countries attending the Asia and Europe Meeting (ASEM) reaffirmed on Thursday their commitment to the multilateral approach to defusing international conflicts and the empowerment of the United Nations (UN) in resolving disputes.

The Jakarta Post

The Jakarta Post Jakarta Pressure on the rupiah continued on Thursday, sending the local unit to a new multi-month low early in the day, although late intervention by Bank Indonesia helped mitigate the losses. The rupiah closed at Rp 8,590 per U.S. dollar, slightly stronger than the 8,610 on Wednesday. But dealers said that the local unit fell to 8,730 in early deals as foreign investors continue to unload rupiah-denominated assets.

Aceh: How to lose hearts and minds

Aceh: How to lose hearts and minds International Crisis Group, Jakarta/Brussels In April 2001, Susilo Bambang Yudhoyono, Indonesia's Coordinating Minister of Security and Political Affairs, gave a long interview on Aceh to Media Indonesia, a Jakarta newspaper. The interview appeared just after a presidential instruction had been issued authorizing military action as part of a comprehensive strategy (the Integrated Operation) to address the Aceh problem.

Condolences

Condolences We wish to express our deepest sympathy on the passing of H. Achmad Jacob bin J.S. Partasasmita (70 years of age) the father of Adi Purnama, a staffer in our photo documentation division, on Wednesday, July 23, 2003, in Bekasi Timur, West Java. He was buried in Bekasi Timur cemetery on July 24, 2003. May God Almighty bless and keep him always. The management and staff of The Jakarta Post

Megawati calls for mutual respect

Megawati calls for mutual respect Fabiola Desy Unidjaja, The Jakarta Post, Jakarta President Megawati Soekarnoputri has called for mutual respect and parity among member countries of the Asia-Europe forum. Speaking at the opening ceremony of the fifth Asia-Europe Meeting (ASEM) here on Thursday, Megawati asserted that dictating to each other would only lead to the failure of cooperation between the countries.

Utut, Spaniard draw at Biel Open

Utut, Spaniard draw at Biel Open JAKARTA: Grand Master (GM) Utut Adianto of Indonesia was held to a draw by International Master (IM) Julen Arizmendi of Spain in the third round of the Biel Open chess tournament in Biel, Switzerland, on Wednesday. "With the black pieces against Arizmendi, I used a Sicilian Dragon defense. After battling for six hours and 45 minutes, and 102 moves, a draw was unavoidable," Utut said in a press release.

Sukhoi deal is betrayal of 'reformasi'

Sukhoi deal is betrayal of 'reformasi' Rizal Ramli Former Coordinating Minister for the Economy Jakarta 2. Yale -- A new era in EU-ASEAN relations? 1 x 45 Is there now a new era in EU-ASEAN relations? Shada Islam Journalist Yale Center for the Study of Globalization Brussels

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_________________________________________________________________________________________ Rupiah Rates July 24 _________________________________________________________________________________________ Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 6,067.23 5,401.15 5,764.70 5,703.45 Brunei dollar 1 5,232.66 4,659.32 4,971.74 4,920.11 Canadian dollar 1 6,553.45 5,834.23 6,226.67 6,160.77 Swiss franc 1 6,792.91 6,049.49 6,454.20 6,388.09 Danish krone 1 1,414.64 1,259.88...

Police seize illegal logs in C. Lombok

Police seize illegal logs in C. Lombok Luh Putu Trisna Wahyuni, The Jakarta Post, Mataram, West Nusa Tenggara The police have confiscated thousands of mahogany logs stolen from three protected forests in Central Lombok regency, West Nusa Tenggara, and pledged to thoroughly investigate the case.

Sukhoi deal is betrayal of 'reformasi'

Sukhoi deal is betrayal of 'reformasi' Rizal Ramli, Former Coordinating Minister for the Economy, Jakarta I agree wholeheartedly that the Indonesian Military (TNI) is in great need of improvements and additions to existing military equipment, primarily to contain social unrest and separatist movements like those in Maluku, Ambon and Aceh. The priority must be on acquiring military hardware needed to control local insurgencies.

447 drilling wells have no permits

447 drilling wells have no permits Theresia Sufa The Jakarta Post Bogor A total of 447 drilling wells in the industrial estates of Citeureup, Gunung Putri and Cileungsi in Bogor regency do not have permits from the regency mining authority. "The regency administration is powerless to take stern action against those companies that have illegal drilling wells. It's our weakness," agency underwater exploration head Dede Armansyah told The Jakarta Post on Thursday.

Court asked to allow Ba'asyir's a break

Court asked to allow Ba'asyir's a break JAKARTA: Muslim hard-line group the Indonesia Mujahidin Council (MMI) asked the court on Thursday that Muslim cleric Abu Bakar Ba'asyir, who is standing trial for treason, be permitted to take a break from detention to attend the annual congress of the organization he leads. Ba'asyir read out the organization's request during his trial at the Central Jakarta District Court, saying it had asked him to address the congress, which will take place between Aug.

A tiger mauls palm oil worker to death

A tiger mauls palm oil worker to death JAKARTA: A Sumatran tiger is believed to have mauled to death a palm oil plantation worker in Indonesia's Riau province, reports said on Thursday. Muis was found unconscious with deep gashes in his chest and belly at the plantation in Siak district in Riau province on Tuesday, the report said. Villagers said Muis had been attacked by a Sumatran tiger which had been sighted in the area before. They rushed him to hospital, where he died.

Thaksin offers to act as mediator in Myanmar crisis

Thaksin offers to act as mediator in Myanmar crisis Agencies, Bangkok/Yangon Thai Prime Minister Thaksin Shinawatra said on Thursday he was willing to act as a mediator to resolve the political deadlock in Myanmar where opposition leader Aung San Suu Kyi is being held in detention. "I am ready to do the job because I want to see the development of democracy in this region, and I think that it is possible and there is an exit," Thaksin told reporters.

East Bengal will meet BEC in ASEAN's LG Cup final

East Bengal will meet BEC in ASEAN's LG Cup final Arya Abhiseka, The Jakarta Post, Jakarta Indonesia's hopes for a representative in the final of the inaugural ASEAN Club Championship were shattered as Petrokimia Putra bowed out after a gripping penalty shootout (8-7) to East Bengal of India in the semifinal match here on Thursday. East Bengal will face BEC Tero Sasana of Thailand in the final match on Saturday.

Malaysian students'

Malaysian students' opportinity in Ukraine V.K. CHIN The Star Online The recent visit by Prime Minister Datuk Seri Dr. Mahathir Mohamad to Ukraine has shown that there are many economic and educational opportunities for Malaysians in the former Soviet Union states and Eastern Europe. These are new areas for the Government to explore and while many follow-ups may be needed for economic co-operation, education is one area which can show the quickest results.

RP to seek $15.7-16.08b budget

RP to seek $15.7-16.08b budget MANILA: President Gloria Arroyo is likely to seek a 2004 national budget of between 850 billion and 870 billion pesos (15.7 billion to US$16.08 billion) from the Philippines Congress next week, an official said on Thursday. Budget Secretary Emilia Boncodin said the upper estimate would take into account some $600 million in Swiss bank deposits of the late deposed dictator Ferdinand Marcos that the Supreme Court awarded to the government last week.

Kidnapping gang out of control

Kidnapping gang out of control The Jakarta Post, Jakarta A suspected gang of serial kidnappers targeting children is reportedly operating in Jakarta and a number of cities in West Java. One of the child kidnap victims was brutally raped and murdered even after a ransom was paid. Police say there are similarities in the perpetrators' physical characteristics and the methods employed in at least three kidnappings in Jakarta and Cianjur, West Java.

JP/4/separatist

JP/4/separatist 'Separatism creates a fertile ground for JI' Muhammad Nafik The Jakarta Post Jakarta The rise of separatism in many parts of Indonesia and in neighboring countries has created a fertile ground for extremists and terrorist movements to expand their networks in southeast Asia, which could complicate security problems in the future, say analysts.

JP/2/UIN

JP/2/UIN 'More terror threats cannot be ignored' Muhammad Nafik The Jakarta Post Jakarta The threat of further terrorist attacks by Jamaah Islamiyyah (JI) is tangible, and could endanger peace and security throughout Southeast Asia and other regions across the globe, a three-day seminar concluded here on Thursday.

Regency complains of illegal wells

Regency complains of illegal wells Theresia Sufa, The Jakarta Post, Bogor A total of 447 industrial artesian wells in the industrial estates of Citeureup, Gunung Putri and Cileungsi in Bogor regency do not have permits from the regency mining authority. "The regency administration is powerless to take stern action against those companies that have illegal artesian wells. It's our weakness," agency groundwater exploration head Dede Armansyah told The Jakarta Post on Thursday.

JP/2/UIN

JP/2/UIN More terrorist threats cannot be ignored, seminar says Muhammad Nafik The Jakarta Post Jakarta The threat of further terrorist attacks by Jamaah Islamiyyah (JI) is tangible, and could endanger peace and security throughout Southeast Asia and other regions across the globe, a three-day seminar concluded here on Thursday.

[b]Indonesia-U.S. military

Indonesia-U.S. military relations down, but not out Bantarto Bandoro Editor, The Indonesian Quarterly Centre For Strategic and International Studies (CSIS) Jakarta bandoro@csis.or.id 2. Yanu2 -- Trade -- a market fundamentalism 1 x 30 Trade between nations needs to be regulated Part 2 of 2 Yanuar Nugroho Director, The Business Watch Indonesia Researcher, Uni Sosial Demokrat, Jakarta Lecturer, Sahid University at Surakarta yanuar-n@unisosdem.org 3.

Police urged to curb violence against children

Police urged to curb violence against children Apriadi Gunawan, The Jakarta Post, Medan, North Sumatra A local nongovernmental organization and law practitioner strongly urged the police to be proactive in enforcing the law to curb the increasing violence against children in North Sumatra. The Center for Child Protection and Study (PKPA) said that the number of violent acts against children has been increasing over the last three years, partly because of an absence of law enforcement.

'Bapepam should ask mining firm Bumi Resources to disclose deal'

'Bapepam should ask mining firm Bumi Resources to disclose deal' Fitri Wulandari, The Jakarta Post, Jakarta The Capital Market Supervisory Agency (Bapepam) must request publicly-listed mining company PT Bumi Resources to disclose the details on it will finance its controversial acquisition of coal mining giant PT Kaltim Prima Coal (KPC) to ensure transparency, an analyst said.

Oil and gas companies want flexible operating procedures

Oil and gas companies want flexible operating procedures The Jakarta Post, Yogyakarta Oil and gas companies operating in the country urged on Thursday upstream authority BP Migas to give them greater freedom in handling problems around their operating sites. The call emerged during a two-day meeting, that began on Thursday, between BP Migas and the general affairs officers of the country's production sharing contractors.

Diarrhea patients up in Palu

Diarrhea patients up in Palu PALU, Central Sulawesi: The number of people afflicted with diarrhea is increasing in Palu, the capital of Central Sulawesi, with 50 patients admitted to several local hospitals this week. Most of the patients are babies and children. They were admitted to intensive care units to prevent dehydration. The deputy director of Undata General Hospital, Dr. Riry Lamadjido, said the number of diarrhea patients had increased from last week.

Where to go in Jakarta:Friday, July 25, 2003

Where to go in Jakarta:Friday, July 25, 2003 Exhibitions * Contemporary Art Childhood Objects, Cemara 6 Galeri (kafe), Jl. HOS. Cokroaminoto 9 - 11 Central Jakarta, 10 a.m. to 7 p.m., until Aug. 18. * Fine Arts Tubuh 4, Lontar Gallery, Jl. Utan Kayu 68H, East Jakarta (Tel. 8573388), 10 a.m. to 5 p.m., until July 25. * Fashion Jewellery and Accessories Drops Of Sunshine From Paris, at Fusions, Saberro House Jln Kemang Raya 10A (Tel. 7194403), South Jakarta, until July 30.

RI-U.S. military ties not out

RI-U.S. military ties not out Bantarto Bandoro, Editor, The Indonesian Quarterly, Centre For Strategic and International Studies (CSIS), Jakarta, bandoro@csis.or.id Recent weeks have seen a profusion of developments that have substantially affected the state of bilateral ties between Indonesia and the U.S.

'Separatism a fertile ground for JI'

'Separatism a fertile ground for JI' Muhammad Nafik, The Jakarta Post, Jakarta The rise of separatism in many parts of Indonesia and in neighboring countries has created a fertile ground for extremists and terrorist movements to expand their networks in southeast Asia, which could complicate security problems in the future, say analysts.

PIB undergoes screening

PIB undergoes screening JAKARTA: The Ministry of Justice and Human Rights began screening the New Indonesia Alliance Party (PIB) on Wednesday. A team from the Ministry for Justice and Human Rights visited PIB's headquarters on Wednesday to determine whether the party had already met the requirements stipulated in Law No. 31/2002 on political parties.

Bogus journalist defrauds job seekers

Bogus journalist defrauds job seekers JAKARTA: A man identified as Heru Olsos allegedly defrauded eight people in Cipinang Cempedak, East Jakarta, of Rp 30 million (US$3,660) by posing as a journalist from Antara state news agency. One of the victims, Harun Arrasyid, called the news agency's office on Thursday to complain that he had paid Heru Rp 3.9 million on the promise that he would secure his two children jobs at a hotel.

RI crewman killed on fishing boat

RI crewman killed on fishing boat UNITED STATES: Japanese Coast Guard officials boarded the fishing vessel Ebisu-Maru 31 after it docked at Honolulu Harbor to investigate the stabbing death of an Indonesian crewman. Another Indonesian crewman is a suspect in the slaying which occurred on July 13 when the 60-meter Japanese vessel was 2,500 miles (4,022 kilometers) southeast of Hawaii, said a spokesman for the U.S. Coast Guard, which is assisting the Japanese Coast Guard.

Experts give conditional support to reclamation

Experts give conditional support to reclamation Bambang Nurbianto, The Jakarta Post, Jakarta Environmental technology experts with the Agency for the Assessment and Application of Technology (BPPT) have thrown their weight behind the city administration's plan to reclaim northern coastal areas, despite the opposition of the Office of the State Minister for the Environment. However, this support is conditional on the administration fulfilling certain conditions set by the BPPT.

Insurance firms suffer lower profit

Insurance firms suffer lower profit Evi Mariani, The Jakarta Post, Jakarta The country's insurance industry will experience a lower profit this year amid declining domestic interest rates, chairman of the Indonesian Insurance Council (DAI) Hotbonar Sinaga said on Thursday. To mitigate the impact on the bottom line, insurance companies have started to shift their investment from bank time deposits to other investment options like bonds or mutual funds.

Sustainability first or conflict: UNEP chief

Sustainability first or conflict: UNEP chief "Let us developing countries exploit our resources to catch up with developed countries and then we will clean up the environment." This statement was conveyed by then Indonesian environment minister Emil Salim to then German environment minister Klaus Toepfer on the sidelines of the Earth Summit in Rio de Janeiro, Brazil, in 1992.

TNI claims it has killed GAM deputy governor

TNI claims it has killed GAM deputy governor Tertiani ZB Simanjuntak and Fabiola Desy Unidjaja, The Jakarta Post, Lhokseumawe/Nusa Dua The Indonesian Military (TNI) has announced that it killed a high-ranking official of the Free Aceh Movement (GAM) structure as the war against the rebels enters a "difficult phase." Tengku Ibrahim, known as the deputy governor of GAM overseeing Pase regency in North Aceh, was shot dead in an armed clash in Nisam district late on Wednesday, spokesman for the...

Van plunges into ravine, five die

Van plunges into ravine, five die PADANG, West Sumatra: At least five people died and 16 others were injured after the van they were riding in plunged into a deep ravine on Pulau Batangkapas hill, Pesisir Selatan district in West Sumatra, on Wednesday. The accident occurred when the brakes failed and the driver, identified as Pino, lost control of the van, Pesisir Selatan Police chief Adj. Sr. Comr. Bambang Hermanto said on Thursday. The van plunged into a 250-meter deep ravine.

Bogus policeman arrested

Bogus policeman arrested JAKARTA: Police have arrested a man at a food stall in Mangga Besar, West Jakarta for posing as a police officer and demanding protection money from gambling kings. The suspect, Endang Kusnadi, 35, who was nabbed on Wednesday, claimed that he had passed himself off as a Second Insp. police detective for one year. "I bought the police uniform at Senen market (in Central Jakarta) for Rp 450,000 (US$52)," Kusnadi told reporters on Thursday.

Utut draws in Biel third round

Utut draws in Biel third round JAKARTA: Grand Master (GM) Utut Adianto of Indonesia was held to a draw by International Master (IM) Julen Arizmendi of Spain in the third round of the Biel Open chess tournament in Biel, Switzerland, on Wednesday. "With black pieces against Arizmendi, I used a Sicilian Dragon defense. After battling for six hours and 45 minutes, a draw was unavoidable in 102 moves," Utut said in a release. Seven players led at the top with three points each.

PDI Perjuangan party faces deepening conflict

PDI Perjuangan party faces deepening conflict M. Taufiqurrahman, The Jakarta Post, Jakarta Hundreds of Indonesian Democratic Party of Struggle (PDI Perjuangan) supporters in Semarang, Central Java burned on Thursday the picture of party chairperson Megawati Soekarnoputri following the defeat of Mardijo, a candidate backed by the party's provincial chapter.

Security system at vital assets still weak: Top security minister

Security system at vital assets still weak: Top security minister Tiarma Siboro, The Jakarta Post, Jakarta Vital assets and public places in the capital city of Jakarta are still at risk of possible terror attacks due to the absence of standard security equipment and systems, a top security minister warns.

University students oppose mining in protected forests

University students oppose mining in protected forests Apriadi Gunawan, The Jakarta Post, Medan, North Jakarta Hundreds of students from the University of North Sumatra (USU) rallied at the provincial legislature and gubernatorial offices on Thursday to protest against the central government's plan to grant licenses to mining companies operating in protested forests.

Is there now a new era in EU-ASEAN relations?

Is there now a new era in EU-ASEAN relations? Shada Islam, Journalist, Yale Center for the Study of Globalization, Brussels Southeast Asian countries seeking to balance America's dominating presence in Asia with more robust European Union involvement can take heart: A new European Commission blueprint promises stronger trade and political links with the region, with the EU executive urging European governments and members of the Association of Southeast Asian Nations (ASEAN) to stop squabbling...

Utut, Spaniard draw at Biel Open

Utut, Spaniard draw at Biel Open JAKARTA: Grand Master (GM) Utut Adianto of Indonesia was held to a draw by International Master (IM) Julen Arizmendi of Spain in the third round of the Biel Open chess tournament in Biel, Switzerland, on Wednesday. "With the black pieces against Arizmendi, I used a Sicilian Dragon defense. After battling for six hours and 45 minutes, and 102 moves, a draw was unavoidable," Utut said in a press release.

1. PDIP: 48 pt, 4 cols, 2 X 24

1. PDIP: 48 pt, 4 cols, 2 X 24 PDI Perjuangan faces deepening conflict 2. GOVERNOR: 36 pt, 3 cols, 2 x 25 Mardiyanto reelected as Central Java governor 3. KPC: 28pt, 4 cols, 2 x 36 'Bapepam should ask mining firm Bumi Resources to disclose deal' 4. MEGA:28 pt, 2 cols, 2 x 18 Megawati calls for mutual respect

Vendors in Taman Rasuna evicted

Vendors in Taman Rasuna evicted JAKARTA: Public order officers tore down on Thursday morning 47 kiosks along Jl. Taman Rasuna in Kuningan, South Jakarta, between Pasar Festival and MMC Hospital. One of the vendors, Mahdari, told The Jakarta Post the owners of 40 of the kiosks received Rp 5 million (US$610) in compensation for their destroyed businesses. The rest received nothing for their kiosks, located along the street leading up to the Taman Rasuna Apartments.

Sentul to host FIM Asia event

Sentul to host FIM Asia event JAKARTA: The Sentul circuit will stage the second series of the FIM Asia Road Racing Championship, from Aug. 1 to 3, according to a release from the circuit management. The motorbike competition will contest the Supersport 600cc and Underbone 125cc with riders expected to come from Malaysia, Thailand, Chinese Taipei, Japan, Singapore, South Korea, Australia, England and Indonesia.

'Dia' hits the screen, and the street

'Dia' hits the screen, and the street Tantri Yuliandini, The Jakarta Post, Jakarta If one should happen to drive through Jl. Jend. Sudirman in Central Jakarta, it is likely that one would see a billboard for new TV drama Dia (Her). This might seem a little odd because no other Indonesian TV dramas, known here as sinetron, have ever bothered to advertise their programs on a billboard.

Gunawan still in city, plans to surrender: Police

Gunawan still in city, plans to surrender: Police Damar Harsanto, The Jakarta Post, Jakarta A police source revealed on Thursday that fugitive Gunawan Santoso alias Acin, former son-in-law of the late Boedyharto Angsono, 60, president of computer firm PT Asaba was still in the city and planned to surrender. "It is likely that Gunawan is still in the city. His middleman said that he was ready to give himself up last night, but I waited until 1 a.m.

Komatsu to pay dividends

Komatsu to pay dividends JAKARTA: PT Komatsu Indonesia, the largest construction equipment manufacturer in Southeast Asia, announced on Thursday it would pay dividends worth a total of Rp 19.2 billion (US$2.2 million), or Rp 50 per share.

Indosat hopes to solve debt woes

Indosat hopes to solve debt woes Dow Jones, Jakarta PT Indonesian Satellite Corp., or Indosat, the country's second largest telecoms company, said it plans to reorganize its business in a bid to solve a growing debt problem. Indosat has hired consultants from ING Groep N.V. to advise it on the restructuring.

City having trouble taking out the trash

City having trouble taking out the trash Bambang Nurbianto, The Jakarta Post, Jakarta Mountains of filthy, rotting garbage piled up on street corners could once again become an odorous feature of life in Jakarta by January if the city does not find alternate sites to dispose of its trash, as the Bantar Gebang dump plans to close its doors for good.

JP/4/separatist

JP/4/separatist 'Separatism creates a fertile ground for JI' Muhammad Nafik The Jakarta Post Jakarta The rise of separatism in many parts of Indonesia and in neighboring countries has created a fertile ground for extremists and terrorist movements to expand their networks in southeast Asia, which could complicate security problems in the future, say analysts.

Irwanto helps out young addicts

Irwanto helps out young addicts M. Taufiqurrahman, The Jakarta Post, Jakarta Irwanto has dedicated the last 20 years of his life to helping children, but characteristic of the 46-year-old activist is he has never sought to win publicity for his good work. The activist works to reduce juvenile delinquency and crime, which has become a major social problem, particularly in large cities. "I like hanging out with children ....

Free education

Free education From Republika Many parents are now too poor to send their children to school and many of these children, for whom education is a basic right, are forced to earn money to help their parents. Some of them even become (petty) criminals. The state is an institution authorized to take care of its people. The state is responsible for the education of children and is obligated to provide free education.

Mardiyanto reelected as Central Java governor

Mardiyanto reelected as Central Java governor Suherdjoko, The Jakarta Post, Jakarta Incumbent Central Java governor Mardiyanto was reelected for the 2003-2008 period on Thursday, winning 62 of 99 votes in the local legislature.

A show case of clove cigarette history

A show case of clove cigarette history Aendra H. Medita, Contributor, Kudus, Central Java Kudus is well-known for its soto, or chicken soup with bean sprouts, and most notably for its museum which showcases the history of rokok kretek -- clove-blended cigarettes. Museum Kretek has become the pride of Kudus, the home of numerous large and small cigarette manufacturers. The museum's exhibits illustrate the history of cigarettes, particularly the development of kretek cigarettes in Indonesia.

Limited facilities for officials

Limited facilities for officials From Suara Karya The government has drafted a regulation on the standardization of facilities and infrastructures for state officials, including restrictions on the use of official cars, which deserves our support. When the rules come into force, there will be no more official cars roaming shopping malls and recreation centers, as is the case now. Apart from sedans for high-ranking government officials, operational cars will take the form of 2,000-cc minibuses.

The retired are made to suffer

The retired are made to suffer From Media Indonesia As of July 2003, the pension increase for retired civil servants (PNS) and servicemen and women (TNI) has not been paid, while the pensioners' association (Wredatama) and retired servicemen and women's association (Pepabri) have been less than responsive. To pensioners who in the New Order enjoyed the "opportunity" to make a fortune, monthly pensions may not be so important.

BPUI repays Timah with a plot of land

BPUI repays Timah with a plot of land Rendi A. Witular, The Jakarta Post, Jakarta After a five-year dispute, state-owned mining company PT Timah was able to retrieve its investment from PT Bahana Pembinaan Usaha Indonesia (BPUI), the troubled state-owned investment company.

Part 2 of 2 Trade -- a market fundamentalism

Part 2 of 2 Trade -- a market fundamentalism Yanuar Nugroho, Director, Business Watch Indonesia, Surakarta, yanuar-n@unisosdem.org There is series of issues called the "Singapore Issues" or "New Issues" to be launched at Cancun, that consist of the issues of investment policy, competition policy, transparency in government procurement and trade facilitation. Actually, investment policy will be the only new issue at Cancun. How important is this issue?

Rupiah hits new low as pressure continues

Rupiah hits new low as pressure continues The Jakarta Post, Jakarta Pressure on the rupiah continued on Thursday, sending the local unit to a new multi-month low early in the day, although late intervention by Bank Indonesia helped mitigate the losses. The rupiah closed at Rp 8,590 per U.S. dollar, slightly stronger than the 8,610 on Wednesday. But dealers said that the local unit fell to 8,730 in early deals as foreign investors continue to unload rupiah-denominated assets.

NISP reports 121% jump in net profit

NISP reports 121% jump in net profit The Jakarta Post, Jakarta Medium-sized bank NISP announced on Wednesday a 121 percent surge in first semester net profit on the back of strong net interest income in an industry where major banks have largely been unable to restore their lending operations since the late 1990s financial crisis.

* Headlines:PDI Perjuangan faces deepening conflict2

* Headlines:PDI Perjuangan faces deepening conflict2 * National:'Separatism creates fertile ground for JI'4 * Archipelago:Police seize stolen logs 5 * Opinion:Sukhoi deal is betrayal of 'reformasi'7 * City:City having trouble taking out the trash 8 * Sports:Thorpe and Phelps on world gold trail 9 * World:Arroyo dispels military coup rumors 11 * Business: Insurance firms suffer lower profit 16 * Features:Irwanto helps out young addicts 20

JP/4/separatist

JP/4/separatist 'Separatism creates a fertile ground for JI' Muhammad Nafik The Jakarta Post Jakarta The rise of separatism in many parts of Indonesia and in neighboring countries has created a fertile ground for extremists and terrorist movements to expand their networks in southeast Asia, which could complicate security problems in the future, say analysts.

Ali Imron obtained guns from al-Ghozi

Ali Imron obtained guns from al-Ghozi SURABAYA, East Java: Ali Imron, a defendant in high profile Bali bombing case, told a court on Thursday he had obtained two guns from Fathurrohman al-Ghozi, a leader of regional terrorist network Jamaah Islamiyah (JI) who recently escaped from a Philippine maximum security prison.

JP/4/separatist

JP/4/separatist 'Separatism a fertile ground for JI cells' Muhammad Nafik The Jakarta Post Jakarta The rising separatism in Indonesia and neighboring countries may have created a fertile ground for extremist and terrorist movements to expand networks in southeast Asia, which could complicate security problems in the future, say analysts.

Indian meeting sets up Asian anti-AIDS fight

Indian meeting sets up Asian anti-AIDS fight Patricia Reaney, Reuters, London India, China and Indonesia are the new battlegrounds in the fight against AIDS but have a unique chance to combat the disease by preparing early, an expert said on Thursday. They may also, paradoxically, have been helped in the struggle by the grim example of the Severe Acute Respiratory Syndrome (SARS) epidemic, according to Dr Peter Piot.

53 subdistricts at risk for fire

53 subdistricts at risk for fire JAKARTA: The city's top firefighter, Johnni Pangaribuan, said on Wednesday 53 of 167 subdistricts in the city's five mayoralties were at risk for fire, particularly those districts with large slum areas. "Shacks in slum areas are usually made of wood and other flammable materials," he said. Johnni said the small alleyways in slum areas made access difficult, hampering the work of firefighters.

Arroyo welcomes Indonesia's support for peace process

Arroyo welcomes Indonesia's support for peace process Teresa Cerojano, Associated Press, Manila The Philippines on Thursday welcomed "snowballing international support" for its peace process with Muslim separatists, especially from Indonesia, the world's largest Muslim nation.

Vendors in Taman Rasuna evicted

Vendors in Taman Rasuna evicted JAKARTA: Public order officers tore down on Thursday morning 47 kiosks along Jl. Taman Rasuna in Kuningan, South Jakarta, between Pasar Festival and MMC Hospital. One of the vendors, Mahdari, told The Jakarta Post the owners of 40 of the kiosks received Rp 5 million (US$610) in compensation for their destroyed businesses. The rest received nothing for their kiosks, located along the street leading up to the Taman Rasuna Apartments.

ASEM ministers ask Myanmar to free Suu Kyi

ASEM ministers ask Myanmar to free Suu Kyi Fabiola Desy Unidjaja, The Jakarta Post, Nusa Dua, Bali Foreign ministers from Asia and Europe urged Myanmar on Thursday to immediately release Aung San Suu Kyi and other pro-democracy leaders, and guarantee freedom to engage in political activities.

RI signs initial LNG agreement

RI signs initial LNG agreement Bloomberg, Jakarta Indonesia, the world's biggest exporter of liquefied natural gas, signed an initial agreement with Marathon Oil Corp. to market LNG to the U.S. and Mexico. Indonesia would supply 6 million to 10 million metric tons of LNG a year under the proposed agreement, Iin Arifin Takhyan, director general of oil and gas, told reporters in Jakarta. A final agreement may be reached early next year.

Purnomo won't attend OPEC talks

Purnomo won't attend OPEC talks JAKARTA: Indonesia's Mines and Energy Minister Purnomo Yusgiantoro said he can't attend a meeting of the Organization of Petroleum Exporting Countries in Vienna July 31 because of an annual session of the nation's highest legislative body being held early in August. The MPR, the legislative body, will hold an annual session from Aug. 1-10, and during this period some key ministers and other senior government officials aren't allowed to travel overseas.

JP/4/separatist

JP/4/separatist 'Separatism creates a fertile ground for JI' Muhammad Nafik The Jakarta Post Jakarta The rise of separatism in many parts of Indonesia and in neighboring countries has created a fertile ground for extremists and terrorist movements to expand their networks in southeast Asia, which could complicate security problems in the future, say analysts.

One die, three others hurt in bus collision

One die, three others hurt in bus collision At least one person was killed and three others injured seriously in a head-on bus collision near Pemalang, Central Java, on Thursday. Following the collision, the both vehicles caught fire, but the blaze was put out after a water tanker was deployed by the local administration in the town.

RI to partner with foreign universities

RI to partner with foreign universities Moch. N. Kurniawan, The Jakarta Post, Jakarta The government is drafting a regulation to allow foreign learning institutions to open branches in Indonesia, in order to improve the quality of the country's human resources. Aji Sukmo, a senior official of the Ministry of National Education, said on Thursday, that higher learning institutions that require huge capital, such as polytechnics, would be among the first to open branches here.

Akbar told to drop presidential bid

Akbar told to drop presidential bid MAKASSAR, South Sulawesi: Media baron Surya Paloh said on Thursday he would ask Golkar chairman Akbar Tandjung to reconsider his bid for the presidency. Paloh, who is contesting the national convention to select Golkar's presidential candidate, told party supporters here that the convention would be meaningless if Akbar took part because as party chairman he would easily win.

JAKARTA: The General Elections Commission (KPU) will hold a

JAKARTA: The General Elections Commission (KPU) will hold a meeting with its provincial and regental offices nationwide in two weeks to discuss electoral districts. The meeting is scheduled to be held in Sahid Hotel here, from Aug. 5 to Aug. 9. More than 800 representatives of provincial and regental KPUs are expected to attend the four-day meeting.

'New proof shows Australian island belong to Indonesia'

'New proof shows Australian island belong to Indonesia' Yemris Fointuna, The Jakarta Post, Kupang, East Nusa Tenggara Indonesia has a strong case to bring its claim over an island occupied by neighboring Australia to the International Court of Justice, an official says.

Conjoined twins die in the hospital

Conjoined twins die in the hospital Yuli Tri Suwarni, The Jakarta Post, Bandung Two-week-old conjoined twins with fused lower bodies died of infection in a hospital here on Thursday, their doctor said. Suganda Tanuwidjaja, a member of the medical team treating the twins, said that the twins died of infection caused by bacteria Clepsiela and Pseudomonas. One of the twins, Abdurrahman, whose heart was located on the right side of his chest, died first at 7:15 a.m. at Hasan Sadikin Hospital here.

KPC hits new minefield

KPC hits new minefield The three-year legal tangle over the divestment of 51 percent of shares in PT Kaltim Prima Coal (KPC) took a new twist this week after KPC's controlling owners, British BP Plc and Anglo- Australian Rio Tinto, reportedly agreed to sell their entire stake to PT Bumi Resources, an Indonesian company listed on the Jakarta Stock Exchange.

Van plunges into ravine, five die

Van plunges into ravine, five die PADANG, West Sumatra: At least five people died and 16 others were injured after the van they were riding in plunged into a deep ravine on Pulau Batangkapas hill, Pesisir Selatan district in West Sumatra, on Wednesday. The accident occurred when the brakes failed and the driver, identified as Pino, lost control of the van, Pesisir Selatan Police chief Adj. Sr. Comr. Bambang Hermanto said on Thursday. The van plunged into a 250-meter deep ravine.

Aussie firm to list New Hope

Aussie firm to list New Hope Dow Jones Sydney Australia's Washington H. Soul Pattinson & Co. is preparing to list its New Hope Corp. subsidiary on the Australian Stock Exchange, giving investors a more direct route into a massive Indonesian coal mine. But unlike last week's shake-up at PT Kaltim and Rio Tinto PLC, Soul Pattinson is a Western investor keen Prima Coal, allowing the exit of Britain's BP PLC to retain its exposure to Indonesia's coal sector.

North Maluku refugees to be sent home

North Maluku refugees to be sent home AMBON, Maluku: The Maluku civilian emergency administration is set to repatriate 5,140 people currently taking refuge in Ambon to their homes in North Maluku. "We will send thousands of refugees home soon," said Rachman Soumena, who heads the refugee center in Ambon, on Thursday. Soumena said sending the refugees home would help lower the population in Ambon. "Infrastructure in Ambon can no longer support the extra people.

Reporting on Aceh

Reporting on Aceh I agree wholeheartedly with Hilda May's comment in The Jakarta Post on July 15, regarding Aboeprijadi's article Unspoken protest amid prolonged war in Aceh. The article is a black-and-white picture of government forces as the bad guys and the rebel forces as the good guys. Readers of the Post, consisting of educated Indonesians and expatriates, should not readily swallow such an unbalanced report.