Indonesian Political, Business & Finance News

Archive: 5 August 2003

76 articles found

Deutsche Bank wins approval

Deutsche Bank wins approval SHANGHAI: Germany's largest bank Deutsche Bank has won regulatory approval to trade in China's US$500-billion securities markets, it was announced Monday.Deutsche is the sixth foreign institution to be granted access by the China Securities Regulatory Commission, the...

W. Java, Banten respond poorly to reregistration

W. Java, Banten respond poorly to reregistrationYuli Tri Suwarni, The Jakarta Post, Bandung, West Java The government's nationwide reregistration program for civil servants has apparently received poor response from officials in West Java and Banten provinces.

JP beats Pos Kota 3-0

JP beats Pos Kota 3-0 JAKARTA: The Jakarta Post badminton team knocked out Pos Kota 3-0 in the opening day of the Media Badminton Tournament at the Bung Karno Badminton Hall here on Monday.A'an Suryana opened The Post's sail to victory with the 15-1, 15-0 thumping of Berlian Siregar. Pandaya G.

Eradicating KKN

Eradicating KKN The issue of corruption, collusion and nepotism (KKN) resonates strongly at the ongoing Annual Session of the People's Consultative Assembly.President Megawati Soekarnoputri said in a speech at the Assembly that eradicating corruption, collusion and nepotism was not an easy job.

Komnas HAM sees possible rights abuses in Bulukumba

Komnas HAM sees possible rights abuses in BulukumbaAndi Hajramurni, The Jakarta Post, Makassar, South Sulawesi There were indications of human rights abuses when police shot dead at least two persons and injured dozens of others in Bulukumba regency, South Sulawesi, to quell last month's violent...

Asian bond market plan proceeds

Asian bond market plan proceedsAgence France-Presse, Manila Finance ministers of Southeast Asia as well as China, Japan and South Korea will map out procedures for an Asian bond market during talks here this week, Philippine Finance Secretary Jose Isidro Camacho said Monday.

Ternate airport still closed

Ternate airport still closed TERNATE, North Maluku: Sultan Baabulah Airport in North Maluku province remained closed to flights on Monday due to thick ash blanketing runway from Mount Gamalama, which erupted four days ago, officials said.

Mahathir renews call for East Asian economic bloc

Mahathir renews call for East Asian economic blocEileen Ng, Agence France-Presse, Kuala Lumpur Malaysian Prime Minister Mahathir Mohamad on Monday renewed his call for an East Asia Economic Grouping (EAEG) and backed a proposed regional monetary fund independent of the International Monetary Fund...

'Why such a huge budget for useless Session?'

'Why such a huge budget for useless Session?' The ongoing Annual Session of the People's Consultative Assembly (MPR) is costing taxpayers about Rp 20 billion (US$2.35 million), with which 700 legislators are enjoying the luxury of a Rp 800,000 room at a five-star hotel -- even those who reside in...

More troops arrested, senator blamed for RP 'coup'

More troops arrested, senator blamed for RP 'coup'Agence France-Presse, Manila The Philippine government launched criminal action on Monday against an opposition senator linked to an alleged coup attempt against President Gloria Arroyo, as more soldiers were arrested over the failed rebellion.

Manila publisher in libel charges

Manila publisher in libel charges PHILIPPINES: Police arrested the chief editor and publisher of a hard-hitting Manila daily on early Monday on two charges of criminal libel, filed by the personal lawyer of President Gloria Macapagal Arroyo.

Bar destroyed in Bali bombing reopens

Bar destroyed in Bali bombing reopensAgence France-Presse, Denpasar, Bali Hundreds of people, including victims of the Bali bombings, attended the reopening of Paddy's Bar, one of the targets of last October's attacks on the Indonesian resort, the venue's owner said on Monday.

Suffering high fever, abducted boy to be freed

Suffering high fever, abducted boy to be freedMulta Fidrus, The Jakarta Post, Tangerang As the medical condition of a kidnapped eight-year-old boy from Tangerang continues to deteriorate, his abductors have indicated they are willing to release him.

Batam Center Port set to open

Batam Center Port set to open Batam, Riau: The Batam Center Port in Riau province will open on Friday, replacing the old Batu Ampar port here, a Batam Authority manager announced on Monday."However, during the soft opening period, the new port will only serve a few ferries, with the remainder still...

Taspen wants higher investment limit

Taspen wants higher investment limitThe Jakarta Post, Jakarta State owned pension firm PT Taspen has asked for an exemption from a government ruling that places limits on the size of investments made by pension and insurance companies, arguing that the company was not yet ready to apply the ruling.

Garuda fined Rp 1b for violating anti-monopoly law

Garuda fined Rp 1b for violating anti-monopoly lawEvi Mariani, The Jakarta Post, Jakarta State-owned flag carrier PT Garuda Indonesia was guilty of monopolistic practices in issuing domestic air tickets and must pay a Rp 1 billion (US$117,000) fine, the country's antimonopoly watchdog ruled Monday.

Pipeline brings ASEAN dream closer

Pipeline brings ASEAN dream closerFitri Wulandari, The Jakarta Post, Batam President Megawati Soekarnoputri and Singapore's Prime Minister Goh Chok Tong inaugurated on Monday a natural gas transmission pipeline linking Sumatra to Singapore, bringing the Southeast Asia region a step closer to the...

Maritime law to be revised

Maritime law to be revised BATAM: The government is considering the revision of Law No. 21/1992 on maritime to make it applicable to current conditions, Minister of Transportation Agum Gumelar said Monday.

1. GUSDUR: 28 pt, 2 cols, 2 x 20

1. GUSDUR: 28 pt, 2 cols, 2 x 20Gus Dur awarded 2003 World Peace Prize 2. TRAUMA: 48 pt, 5 cols, 1 x 30 Acehnese traumatized by conflict 3. TAX: 36 pt, 4 cols, 1 x 32Five hotels reported for tax arrears 4.

Police announce major reshuffle

Police announce major reshuffle JAKARTA: Police announced on Monday a major tour of duties of several positions in the institution, including the appointment of National Police deputy spokesman Brig. Gen. Edward Aritonang as East Nusa Tenggara Police chief.

IBRA rejects Permata plan to issue bonds

IBRA rejects Permata plan to issue bondsThe Jakarta Post, Jakarta The Indonesian Bank Restructuring Agency (IBRA) has rejected a plan by Bank Permata to issue bonds or rights shares aimed at bolstering its capital adequacy ratio (CAR).

Defense ministry to set up university

Defense ministry to set up university JAKARTA: The defense ministry is still preparing for the establishment of defense university, the National Defense Higher Learning Institute (STIHAN)."STIHAN will net military cadets and civil servants working for the defense ministry, the Indonesian Military,...

Rp 54b to be used to restore schools

Rp 54b to be used to restore schools BEKASI: The City Council urged on Monday that the Rp 54 billion (US$6.3 million) fund allocated in the 2003 city budget for schools should be used to repair decrepit schools.

Four years search only to find son's grave

Four years search only to find son's graveDamar Harsanto, The Jakarta Post, Jakarta William Shakespeare said in The Merchant of Venice "Truth will come to light; murder cannot be hid long". This was the case for couple Adiwarsono and Juli Ermini.

Govt warns of peak in severe drought this month

Govt warns of peak in severe drought this monthMoch. N. Kurniawan, The Jakarta Post, Jakarta This year's drought, which peaks this month, is likely to be more severe than last year's, with equally severe consequences, government officials have warned.

4,100 places at state universities remain vacant for new students

4,100 places at state universities remain vacant for new studentsSari P. Setiogi, The Jakarta Post, Jakarta About 4,100 places in state universities across the country, supposed to have been taken by high school graduates via the state university admissions test (SPMB), remain vacant.

Stock prices on the Jakarta Stock Exchange (in rupiah) on August 4, 2003

Stock prices on the Jakarta Stock Exchange (in rupiah) on August 4, 2003 ____________________________________________________________________________ Shares Close Change Trading Volume ______________________________________________________________________________Abdi Bangsa Tbk 275 0 0 Ades Alfindo...

Police announce major reshuffle

Police announce major reshuffle JAKARTA: Police announced on Monday a major tour of duties of several positions in the institution, including the appointment of National Police deputy spokesman Brig. Gen. Edward Aritonang as East Nusa Tenggara Police chief.

Aceh rebels rejects terrorism charges

Aceh rebels rejects terrorism chargesNani Farida, The Jakarta Post , Banda Aceh, Aceh Former peace negotiators representing the Free Aceh Movement (GAM) rejected on Monday terrorism charges laid against them and asked all parties involved in the peace talks to be brought to court.

ASIA, JAS set up joint venture

ASIA, JAS set up joint venture SINGAPORE: Singapore Airlines' (SIA) engineering arm will set up a joint venture with an Indonesian partner to provide aircraft line maintenance services at airports in Indonesia, the carrier said Monday. Mainboard-listed SIA Engineering Co.

Jakarta in a mess

Jakarta in a messFrom KompasJakarta is increasingly becoming muddled with motor vehicles, particularly means of public transportation, dropping and picking up passengers anywhere on main roads, thus causing traffic jams.

Peace education for Maluku victims

Peace education for Maluku victims AMBON, Maluku: Several non-governmental organizations (NGOs) grouped in the Humanitarian Association for Maluku (Humanum) have launched a peace education program for the children of victims of the four-year religious conflict that erupted in 1999, activists said...

Forestry officials armed to fight illegal loggers

Forestry officials armed to fight illegal loggersApriadi Gunawan, The Jakarta Post, Medan, North Sumatra As many as 400 officials of the North Sumatra Forestry Office have been armed with guns to protect themselves against illegal loggers.

Govt urged to revive corporate sector

Govt urged to revive corporate sectorThe Jakarta Post, Jakarta The People's Consultative Assembly (MPR) has urged the government to speed up efforts to revive the corporate sector in the country in order to boost economic growth and generate more jobs.

1. Komunis -- 3 cols, 3 lines, 48pts MB, 20 counts

1. Komunis -- 3 cols, 3 lines, 48pts MB, 20 counts Communism is dead, corruption a bigger threat: Observers 2. Sukhoi -- 3 cols, 2 lines, 36pts MB, 26 countsFactions at odds over agenda for next year's final session3.

Universities see fewer students admitted

Universities see fewer students admittedRizky KD Ntoma, The Jakarta Post, Jakarta The number of students passing the National State University Admission Test (SPMB) nationwide dropped from 81,471 last year to 78,841 this year.

Putin arrives in Malaysia, Sukhoi deal to be signed

Putin arrives in Malaysia, Sukhoi deal to be signedAgence France-Presse, Kuala Lumpur Russian President Vladimir Putin arrived in Malaysia on Monday for an official visit during which he will hold talks with Prime Minister Mahathir Mohamad and sign a US$900 million deal to supply 18 Sukhoi fighter...

By Antara

By AntaraPhoto BR. Berto WedhatamaHARD LIFE BUT MAKING DO: A mother washes her son with water poured from a kettle at a refugee camp in Reuleud, North Aceh regency. Despite the lack of household equipment at this camp, and others in Aceh, refugees make the most of the limited facilities.

160 RI migrant workers arrested in Malaysia

160 RI migrant workers arrested in MalaysiaAssociated Press, Kuala Lumpur Police said on Monday they detained more than 160 Indonesian migrant workers and were hunting for a gang leader after three men were stabbed to death during weekend clashes between rival groups at a Malaysian construction...

PT DI president rejects suspension delay

PT DI president rejects suspension delayThe Jakarta Post, Jakarta Employees of state-owned aircraft manufacturer PT Dirgantara Indonesia pack a state administrative courtroom in Bandung, which heard on Monday a lawsuit against the company's president director over the suspension of their work.

RI still recognizes Iraq embassy

RI still recognizes Iraq embassy JAKARTA: The government still recognizes the Iraqi embassy as a symbol of the diplomatic relations between Indonesia and Iraq despite the fact that the leadership of President Saddam Husein is over.

Blend of Asian and Western music

Blend of Asian and Western musicSri Wahyuni, The Jakarta Post, Yogyakarta Little may be known in Indonesia about American composer Vincent McDermott, currently a visiting senior Fulbright scholar teaching at Yogyakarta's Indonesian Institute of the Arts (ISI).

Gus Dur awarded the 2003 World Peace Prize

Gus Dur awarded the 2003 World Peace PrizeThe Jakarta Post, Jakarta Former president Abdurrahman Wahid, popularly known as Gus Dur, will receive the 2003 World Peace Prize from the World Peace Prize Awarding Council."The award is expected to be handed to Gus Dur on Aug.

Ternate airport still closed

Ternate airport still closed TERNATE, North Maluku: Sultan Baabulah Airport in North Maluku province remained closed to flights on Monday due to thick ash blanketing runway from Mount Gamalama, which erupted four days ago, officials said.

Five hotels reported to tax arrears

Five hotels reported to tax arrearsBambang Nurbianto, The Jakarta Post, Jakarta Stepping up its move against tax evaders, the Jakarta administration has reported five hotels to the Jakarta Prosecutor's Office for failing to clear their tax arrears.

Bali Bombing suspects show defiance

Bali Bombing suspects show defianceWahyoe Boediwardhana, The Jakarta Post, Denpasar, Bali Key Bali bombings suspect Abdul Azis alias Imam Samudra sparked anger among the panel of judges trying another suspect Ali Imron on Monday as he opted to remain silent when called on to testify.

SIA, JAS set up joint venture

SIA, JAS set up joint venture SINGAPORE: Singapore Airlines' (SIA) engineering arm will set up a joint venture with an Indonesian partner to provide aircraft line maintenance services at airports in Indonesia, the carrier said Monday.Mainboard-listed SIA Engineering Co.

Searching for meaning

Searching for meaning As Indonesia's Independence Day on Aug. 17 draws near, a huge number of people, mostly ordinary citizens, many of whom are still struggling to keep their heads above the "economic water", are asking each other: Where is the Golden Bridge promised by the founders of this...

PDIP fights against other factions to save Megawati

PDIP fights against other factions to save MegawatiM. Taufiqurrahman, The Jakarta Post,Jakarta The Reform faction at the People's Consultative Assembly on Monday demanded an independent probe into the business dealings of President Megawati Soekarnoputri's family and associates, comparing her...

Great sale close to sales target

Great sale close to sales targetZakki Hakim, The Jakarta Post, Jakarta The seventh Jakarta Great Sale was officially closed on Monday by Governor Sutiyoso, with sales slightly missing the target of Rp 4 trillion (US$470.6 million).

JP beats Pos Kota 3-0

JP beats Pos Kota 3-0The Jakarta Post badminton team knocked out Pos Kota 3-0 in the opening day of the Media Badminton Tournament at the Bung Karno Badminton Hall here on Monday.A'an Suryana opened The Post's sail to victory with the 15-1, 15-0 thumping of Berlian Siregar. Pandaya G./Agustinus N.

Sutiyoso proposes Rp 597.44 billion additional budget

Sutiyoso proposes Rp 597.44 billion additional budgetBambang Nurbianto, The Jakarta Post, Jakarta Governor Sutiyoso proposed an additional Rp 597.44 billion (US$70.3 million) for the 2003 city budget, causing the budget total to jump to Rp 11.65 trillion.

Oldest nature reserve near Jakarta in danger

Oldest nature reserve near Jakarta in dangerBambang Parlupi, Contributor, Jakarta Forests across Indonesia are under grave threat. Nature reserves, national parks -- whatever they are called and wherever they may be -- are being threatened by illegal logging and human encroachment.

Communism is dead, corruption a bigger threat: Observer

Communism is dead, corruption a bigger threat: ObserverTiarma Siboro and A'an Suryana, The Jakarta Post, Jakarta Rights activists called on politicians on Monday to have an open mind on Communism, saying the ideology was no longer a threat to the country for the time being.

Acehnese want peace

Acehnese want peaceFrom Koran Tempo Indonesians must be grateful to God that the separatist Free Aceh Movement (GAM) has now lost much of its strength. It is only a matter of time before the entire secessionist movement is completely crushed.

Acehnese traumatized by conflict

Acehnese traumatized by conflictTertiani ZB Simanjuntak, The Jakarta Post, Lhokseumawe, Aceh Faudiah, 42, is still recovering from the traumatic experience of witnessing a murder in 2001.The memory came back to haunt her when she was told that six of her neighbors in Rambot village, Lhok Sukon...

Infrastructure development on the up this year

Infrastructure development on the up this yearEvi Mariani, The Jakarta Post, Jakarta The National Association of Indonesian Consultants (Inkindo) sees a rebound in the development of infrastructure projects in the country this year after the government announced plans to revive a number of stalled...

Megawati's gubernatorial candidate loses

Megawati's gubernatorial candidate losesThe Jakarta Post, Jakarta Syahrial Oesman won the gubernatorial election for South Sumatra province on Monday, defeating incumbent governor Rosihan Arsyad, a retired military officer backed by President Megawati Soekarnoputri.

Hotel Indonesia 41 years young

Hotel Indonesia 41 years young JAKARTA: Hotel Indonesia will celebrate its 41st anniversary on Tuesday by staging a modest ceremony in the evening.The hotel's public relations manager, Meriam Roy, said on Monday that the ceremony would kick off at 4 p.m.

JP beats Pos Kota 3-0

JP beats Pos Kota 3-0 JAKARTA: The Jakarta Post badminton team knocked out Pos Kota 3-0 in the opening day of the Media Badminton Tournament at the Bung Karno Badminton Hall here on Monday.A'an Suryana opened The Post's sail to victory with the 15-1, 15-0 thumping of Berlian Siregar. Pandaya G.

On PKI

On PKI The (defunct) Indonesian Communist Party (PKI) has become a serious issue at the Annual Session of the People's Consultative Assembly. There are two groups with different opinions on the banned party.The first group consists of people who are against Provisional Assembly Decree No.

4 x 12

4 x 12Komnas HAM sees possible rights abuses in BulukumbaJP/5/5di1 x 39PT DI president rejects suspension delay JP/5/forest2 x 25 Forestry officials now armed to combat illegal loggers JP/5/pns1 x 46W. Java, Banten respond poorly to reregistration

Central Jakarta prepares for fires

Central Jakarta prepares for fires JAKARTA: The social welfare office in the Central Jakarta mayoralty has stocked up on seven tons of rice and 100 boxes of instant noodles to help future fire victims in the area.Office head Suroto Purnomo told beritajakarta.

Bombing suspects show defiance

Bombing suspects show defianceWahyoe Boediwardhana The Jakarta Post Denpasar, BaliKey Bali bombings suspect Abdul Azis alias Imam Samudra sparked anger among the panel of judges trying another suspect Ali Imron on Monday as he opted to remain silent when called on to testify.

Constitutional court

Constitutional court toward civil societyFrom Media IndonesiaThe Constitutional Court is a very important institution; its members should therefore comprise professionals, senior figures, or persons of authority, good conduct and wide knowledge, without favoring particular groups or parties.

Student killed in public minivan rollover

Student killed in public minivan rolloverThe Jakarta Post, Tangerang A public minivan, number B02, carrying 17 students from the YP Karya I vocational high school in Cipondoh overturned on Jakarta- Merak toll road on Monday, killing a passenger and injuring 10 others.

[b]MPR urged

MPR urged to campaign against corruption 2. Military (2 x 21)School, village chiefs become shooting targets3. Aceh (1 x 40)Aceh rebels reject terrorism charges 4. Bomb ( 1x 40)Bali bombing suspects show defiance 5. SPMB (2 x 30)4,000 places at state universities remain vacant for new students

Citibank's behavior

Citibank's behavior This is about the way Citibank displayed its arrogance in its attempt to pressure a person for payment.My son, who is already over 30, applied a few years ago for a Citibank credit card at their Surabaya branch, without my knowledge nor seeking my confirmation as personal...

Hotel Indonesia 41 year old

Hotel Indonesia 41 year old JAKARTA: Hotel Indonesia will celebrate its 41st anniversary on Tuesday by staging a modest ceremony in the evening.The hotel's public relations manager, Meriam Roy, said on Monday that the ceremony would kick off at 4 p.m. and all guests would be invited to participate.

Mixed economic indicators

Mixed economic indicators President Megawati Soekarnoputri conceded in a report to the annual meeting of the People's Consultative Assembly last week that strengthening macroeconomic stability over the past 18 months had not yet been able to fuel higher economic growth.

Eradicating KKN

Eradicating KKN The issue of corruption, collusion and nepotism (KKN) resonates strongly at the ongoing Annual Session of the People's Consultative Assembly. President Megawati Soekarnoputri said in a speech at the Assembly that eradicating corruption, collusion and nepotism was not an easy job.

East Timor defendant to walk free

East Timor defendant to walk free JAKARTA: Indonesia's much criticized attempt to bring to justice military officers accused in the destruction of East Timor is scheduled to end Tuesday with the highest-ranking soldier implicated in the bloodshed almost certain to walk free.

East Timor refugees reregistered

East Timor refugees reregistered KUPANG, East Nusa Tenggara: Authorities began on Monday the reregistration of thousands of East Timorese refugees languishing in camps across East Nusa Tenggara (NTT) to determine their citizenship, officials said.

MPR urged to campaign against corruption

MPR urged to campaign against corruptionA'an Suryana, The Jakarta Post, Jakarta Academics and non-governmental organizations demanded on Monday that the People's Consultative Assembly (MPR) declare war on corruption in its final recommendation to be released at the end of its current Annual Session.

Bombing suspects show defiance

Bombing suspects show defianceWahyoe Boediwardhana The Jakarta Post Denpasar, BaliKey Bali bombings suspect Abdul Azis alias Imam Samudra sparked anger among the panel of judges trying another suspect Ali Imron on Monday as he opted to remain silent when called on to testify.

ASEAN cut fare for members

ASEAN cut fare for members SINGAPORE: Countries that belong to the Association of Southeast Asian Nations (ASEAN) have introduced a new fare to encourage people to fly within the 10-nation group, a tourism association said Monday.Aimed at travelers flying to more than one city, the fare is 99 U.S.