Indonesian Political, Business & Finance News

Archive: 14 October 2004

73 articles found

Top CEOs change their spots to bite Mega from behind

Top CEOs change their spots to bite Mega from behindRendi A. Witular, The Jakarta Post, Jakarta A recent remark by outgoing President Megawati Soekarnoputri that she has been deserted by most of her close circle following her defeat in the presidential election to her former security chief Susilo...

Bookkeeper robbed outside bank

Bookkeeper robbed outside bank JAKARTA: A bookkeeper of PT Tempo Sentra Manajemen, Novianti, 26, was robbed on Wednesday morning in front of a Bank Central Asia branch near the Taman Palem housing complex in Cengkareng. The robbers made away with Rp 78.

Sept. 30 tragedy

Sept. 30 tragedyFrom Suara Karya On Sept. 30 the local military district office and I were the few that still hoisted the national flag at half-mast in conjunction with the commemoration of Sept. 30 tragedy (the abortive communist coup attempt).

Telkom sees 20% sales growth in 2005

Telkom sees 20% sales growth in 2005 Tony Hotland The Jakarta Post/JakartaState telecommunications firm PT Telkom expects a sales growth of 20 percent next year upon expectations of more subscribers.Telkom president Kristiono said on Wednesday sales would continue to depend mainly on its cellular...

Export exhibition draws 3,000 foreign buyers

Export exhibition draws 3,000 foreign buyersThe Jakarta Post, Jakarta President Megawati Soekarnoputri officially opened on Wednesday a five-day export products exhibition at the Jakarta Fairground complex in Kemayoran, Central Jakarta.

Maid appeals murder verdict in Singapore

Maid appeals murder verdict in Singapore JAKARTA: Purwanti Pardji, an Indonesia teenaged maid sentenced to life for murder in Singapore, has appealed to a court in the neighboring country, an official said on Wednesday.

Candra, Sigit renew partnership

Candra, Sigit renew partnershipEva C. Komandjaja, The Jakarta Post, Jakarta Candra Wijaya and Sigit Budiarto will renew their partnership as a doubles pair in the China Open badminton tournament in Guangzhou in November.

Number of big spenders increases: AC Nielsen

Number of big spenders increases: AC NielsenZakki P. Hakim, The Jakarta Post, Jakarta More Indonesian consumers enjoyed a higher purchasing power this year, spending money on various household goods despite rising political tension during the recent seven-month-long general election, according to...

Shares end at record high ahead of new cabinet

Shares end at record high ahead of new cabinetDow Jones, Jakarta Indonesian shares ended at a record high on Wednesday as foreign investors bought back local stocks ahead of the announcement of a new Cabinet next week, dealers said.

Council says 3 media groups must apologize to Laksamana

Council says 3 media groups must apologize to LaksamanaThe Jakarta Post JakartaThree media outlets violated the Code of Ethics of Indonesian Journalists (KEWI) in publishing articles about State Minister for State Enterprises Laksamana Sukardi and therefore must apologize to him, the Press Council...

1. Cabinet (45) - 60 pts 3 cols 3lines (3x12)

1. Cabinet (45) - 60 pts 3 cols 3lines (3x12) Donors to help SBY govt boost investment2. Volvo (35) - 36 pts 3 cols 3lines (3x12)MPR leaders spurn Volvos, royal suites3. Survey (40) - 28 pts 2 col 2lines (2x18)Number of big spenders increases: AC Nielsen4.

Bank Indonesia sees third quarter growth at 4.4-4.9%

Bank Indonesia sees third quarter growth at 4.4-4.9%The Jakarta Post, Jakarta The economy may have grown by as much as 4.9 percent in the third quarter of this year, driven by strong domestic consumption and an improvement in investment, Bank Indonesia said in its latest economic assessment.

Arroyo praises American Idol finalist

Arroyo praises American Idol finalist MANILA, Philippines: American Idol finalist Jasmine Trias got praise Tuesday from Philippine President Gloria Macapagal Arroyo, who saluted her singing talent and called her an inspiration to Filipinos everywhere.

Translator Rashid careful with words

Translator Rashid careful with wordsA. Junaidi, The Jakarta Post, Jakarta Local movie viewers will never see the Indonesian translation of words such as "Arab terrorists" used in subtitles for Hollywood films because Rashid Rachman translates it into kelompok teroris (terrorist group), instead.

TV Today: Friday, October 15, 2004

TV Today: Friday, October 15, 2004 .TB.30" .90"TVRI .tb .30" .90" 6:00 a.m. News: Berita Pagi7:30 Health8:30 Music: Asik-Asik 10:30 Religious Teachings1:00 p.m. News: Berita Siang2:00 Music3:00 English News Service4:30 Documentary5:00 Children Drama5:30 Sports6:00 TV Drama6:30 Documentary7:00 News:...

Mario's work and Balinese cosmology

Mario's work and Balinese cosmologyBambang Asrini Widjanarko, Contributor, Jakarta It is widely known that Bali is an island of beauty, both in a physical and spiritual sense -- and many artists have been lured there to experience its radiance.

New C-Class gives elegant, sportier choices

New C-Class gives elegant, sportier choices Premium German carmaker PT DaimlerChrysler Indonesia (DCI) launched on Tuesday two new Mercedes-Benz C-Class models at the Sentul Circuit in Sentul, Bogor, West Java.

TV Today: Friday, October 15, 2004

TV Today: Friday, October 15, 2004 .TB.30" .90"TVRI .tb .30" .90" 6:00 a.m. News: Berita Pagi7:30 Health8:30 Music: Asik-Asik 10:30 Religious Teachings1:00 p.m. News: Berita Siang2:00 Music3:00 English News Service4:30 Documentary5:00 Children Drama5:30 Sports6:00 TV Drama6:30 Documentary7:00 News:...

Bali's craftsmen take part in exhibition

Bali's craftsmen take part in exhibition DENPASAR: As many as 50 craftsmen from several villages in Bali are taking part in a special exhibition of export products in Jakarta, from Oct.13 through Oct.20.

Central govt urged to help refugees

Central govt urged to help refugees KUPANG, East Nusa Tenggara: East Nusa Tenggara (NTT) Governor Piet Tallo expressed concern on Wednesday over the plight of East Timor refugees currently living in various areas in NTT province.

Assembly leaders reject Volvo cars, royal suites

Assembly leaders reject Volvo cars, royal suitesKurniawan Hari The Jakarta Post/JakartaApparently wishing to prove their commitment to leading modest lifestyles, all four leaders of the People's Consultative Assembly (MPR) said on Wednesday that they would refuse the Volvo cars to which they were...

Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct.13, 204

Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct.13, 204 ____________________________________________________________________________ Shares Close Change Trading Volume ____________________________________________________________________________ Abdi Bangsa Tbk 225 0 0 Ades Alfindo Tbk...

Malaysia is Avanza's next export destination

Malaysia is Avanza's next export destination Indonesia is known as a good market for multipurpose vehicles (MPVs), as more and more carmakers are setting up plants here to cater not only to Indonesian demand but also regional and even global markets.

RI, M'sia discuss joint border patrol

RI, M'sia discuss joint border patrol MANADO: Indonesia and Malaysia discussed, in the 57th Staff Planning Committee (SPC) meeting, cooperating in a joint patrol of both countries' borders, to effectively decrease border violations and cross-border crimes.Indonesian Military spokesman Col. D.J.

Telekom Malaysia plans mobile acquisitions overseas

Telekom Malaysia plans mobile acquisitions overseasBloomberg, Kuala Lumpur Telekom Malaysia Bhd., Southeast Asia's second-largest phone company, will seek to regain its No. 1 position in the country's mobile market in three years and make acquisitions abroad where sales have grown faster than at...

Press Council asks 3 publications to print apologies to Laksmana

Press Council asks 3 publications to print apologies to LaksmanaThe Jakarta Post, Jakarta Three media outlets violated the Code of Ethics of Indonesian Journalists (KEWI) in publishing articles about State Minister for State Enterprises Laksamana Sukardi and therefore must apologize to him, the...

BII plans $200m bond sale

BII plans $200m bond sale PT Bank Internasional Indonesia, the nation's sixth-largest lender, said it may sell as much as US$200 million of bonds, its first overseas debt offering, to raise funds for investment.

Tax uncollected

Tax uncollected Taxation Director General Hadi Purnomo's estimate of Rp 676.5 trillion (US$74.34 billion) in potential tax revenue lost annually during the past three years seems to be too high -- a sum 240 percent larger than the Rp 272.17 trillion tax receipt target set for this year.

Police to combat illegal loggers

Police to combat illegal loggers JAMBI: Jambi provincial police have established a special task force to combat rampant illegal logging in the province, a senior police officer said on Wednesday.The task force comprised of 18 police officers, who will be assigned to investigate illegal logging in...

Food prices rise ahead of Ramadhan

Food prices rise ahead of Ramadhan CIREBON, West Java: The prices of basic food commodities in several regencies in the northern coastal area of West Java province is on the rise, a few days ahead of Ramadhan.

Convicted police to walk free

Convicted police to walk freeUrip Hudiono, The Jakarta Post, Jakarta The Central Jakarta District Court sentenced on Wednesday eight officers from the Central Jakarta Police's riot squad to three months and 12 days in prison for assaulting student protesters in February.

Road capacity & discipline

Road capacity & disciplineFrom Suara KaryaThe public keeps complaining about traffic congestion in Jakarta, particularly during morning and afternoon peak hours. The 3-in-1 system has been applied to cars on main roads, but its effectiveness remains debatable, while the mass media have made the...

Mega inaugurates National Museum

Mega inaugurates National Museum JAKARTA: President Megawati Soekarnoputri on Wednesday inaugurated the refurbished National Museum, which is better known as Museum Gajah (Elephant Museum).The new complex comprises three buildings, two of which were built in 2001.

Mega orders Cabinet members to prepare accountability reports

Mega orders Cabinet members to prepare accountability reportsFabiola Desy Unidjaja, The Jakarta Post, Jakarta Outgoing President Megawati Soekarnoputri ordered all of her Cabinet members on Wednesday to prepare detailed and accurate accountability reports so that the next government can start...

Prolonged crisis hit low-income workers

Prolonged crisis hit low-income workersRidwan Max Sijabat, The Jakarta Post, Jakarta Low-income workers have endured hard times since the economic crisis hit the country in 1997, and many have come to expect nothing better.

* Betawi group blocks off mall, demands job for locals Page 2

* Betawi group blocks off mall, demands job for locals Page 2 * Graft found at every level of govt Page 4 * Muslims up pressure to close brothels for Ramadhan Page 5 * Can ASEAN integration help the poor? Page 7 * Convicted police to walk free Page 8 * SEAG 2005 to feature fewer events Page 10 *...

Karaha Bodas file submitted

Karaha Bodas file submitted JAKARTA: The National Police said on Wednesday that they had submitted the case file of three men suspected of corruption in the Karaha Bodas project in Garut, West Java to the Jakarta Prosecutor's Office."We submitted the case file on Monday.

Democracy on a high, but tough choices loom

Democracy on a high, but tough choices loomSatish Mishra, Jakarta In a country in the midst of record open unemployment, partially brought about by sharp declines in development spending, it would be surprising if the economy did not figure prominently in the new President's inaugural speech.

Two people slain in Thailand south

Two people slain in Thailand south THAILAND: Suspected militants fatally shot a former policeman and a police mechanic on Wednesday in southern Thailand, where an outburst of violence blamed mostly on separatists has claimed hundreds of lives since January.

Foreign leaders may attend Susilo's inauguration as president

Foreign leaders may attend Susilo's inauguration as presidentKurniawan Hari, The Jakarta Post, Jakarta For the first time ever, the inauguration ceremony of an Indonesian president may see foreign heads of state in attendance.

MPR leaders spurn Volvos, royal suites

MPR leaders spurn Volvos, royal suitesKurniawan Hari, The Jakarta Post, Jakarta Apparently wishing to prove their commitment to leading modest lifestyles, all four leaders of the People's Consultative Assembly (MPR) said on Wednesday that they would refuse the Volvo cars to which they were entitled.

TV Today: Friday, October 15, 2004

TV Today: Friday, October 15, 2004 .TB.30" .90"TVRI .tb .30" .90" 6:00 a.m. News: Berita Pagi7:30 Health8:30 Music: Asik-Asik 10:30 Religious Teachings1:00 p.m. News: Berita Siang2:00 Music3:00 English News Service4:30 Documentary5:00 Children Drama5:30 Sports6:00 TV Drama6:30 Documentary7:00 News:...

Audi sets sights on Southeast Asia

Audi sets sights on Southeast Asia SINGAPORE: German carmaker Audi is setting its sights on up to 20 percent of Southeast Asia luxury car market after it sets up production facilities in the region, an executive said in a published report on Wednesday.

Seize wives of corruptors

Seize wives of corruptors Various newspapers have reported that the police arrested Munfiatun alias Fitri, the second wife of Noordin M. Top, a suspect being hunted down for his alleged involvement in bombing cases in Indonesia.Noordin M.

PLN begins prepping seventh bond issue

PLN begins prepping seventh bond issueTony Hotland, The Jakarta Post, Jakarta State electricity company PT Perusahaan Listrik Negara (PLN) began on Wednesday the book building process for its Rp 1.5 trillion (US$164.83 million) bond issue to refinance the company.

Police begin probe into Kendari blast

Police begin probe into Kendari blast KENDARI, Southeast Sulawesi: Police officers began on Wednesday investigating a bomb explosion outside the house of local antigraft activist, Hidayatullah, in Kendari city a day earlier.

Muslim groups up pressure to close clubs for Ramadhan

Muslim groups up pressure to close clubs for RamadhanSjofiardi Bachyul and Ruslan Sangadji, The Jakarta Post, Padang/Palu Thousands of Muslim students and activists held protest demonstrations in various cities nationwide on Wednesday in a bid to pressure the government and businesspeople to close...

Young artist displays unique sculptures

Young artist displays unique sculptures SANUR: I Wayan Jana, 36, is one of the new generation of sculptors in Bali. Son of the island's noted sculptor I Ketut Muja, Jana grew up among artists.Object of Life, an exhibition of his most recent works, will open on Saturday Oct.

Donors to help SBY govt boost investment

Donors to help SBY govt boost investmentTiarma Siboro, The Jakarta Post, Bogor Representatives of the Consultative Group on Indonesia (CGI) met with president-elect Susilo Bambang Yudhoyono on Wednesday in an apparent show of support for the incoming government.

FBR blocks ITC Cempaka Mas, demands jobs for locals

FBR blocks ITC Cempaka Mas, demands jobs for localsThe Jakarta Post, Jakarta Traffic along Jl. Letjen Suprapto in Central Jakarta was in complete chaos on Wednesday morning, as hundreds of members of the Betawi Brotherhood Forum (FBR) blocked off the entrance to the International Trade Center (ITC)...

Papuan rebels attack civilians

Papuan rebels attack civilians JAYAPURA, Papua: A group of Papuan rebels attacked on Tuesday night a minibus pickup in Ilu district, some 750 kilometers southwest of Papua, but no fatalities were reported in the armed attack.

Indofood rating outlook raised

Indofood rating outlook raised JAKARTA: PT Indofood Sukses Makmur, the world's biggest maker of instant noodles, had its B1 local currency debt rating outlook raised to stable from negative by Moody's Investors Service said.

1. TNI: 48 pt, 3 cols, 3 X 18

1. TNI: 48 pt, 3 cols, 3 X 18 House split over TNI chief's resignation 2. INAUGURATION: 36 pt, 4 cols, 2 X 28 Foreign leaders to attend Susilo's inauguration 3. FBR: 32 pt, 3 cols, 2 x 24 FBR blocks ITC Cempaka Mas, demands jobs for locals 4.

Part 1 of 2

Part 1 of 2 Can ASEAN integration help the poor? Romeo A. Reyes Jakarta2. Lee -- Terrorists outdoing one another in savagery 1 X 45 Terrorists outdoing one another in savagery Lee Kuan Yew The Straits Times Asia News Network Singapore3.

Domestic vehicle sales rise 32%

Domestic vehicle sales rise 32% JAKARTA : Indonesia's auto sales in the domestic market rose 32 percent in September from a year before, faster than August's growth, PT Astra International said, citing figures from the Association of Indonesian Automotive Industries.

Bad weather caused chopper crash: TNI

Bad weather caused chopper crash: TNITiarma Siboro and Nani Afrida, The Jakarta Post, Jakarta/Banda Aceh The Indonesian Military (TNI) has blamed bad weather in Aceh for causing the helicopter crash on Tuesday, in which eight soldiers were killed.Army chief Gen.

Graft found at every level of govt

Graft found at every level of govtM. Taufiqurrahman, The Jakarta Post, Jakarta A report on Wednesday confirmed post-reform suspicions that corruption in the country had spread from the central government in the Soeharto era to regional governments after reform and the regional autonomy drive.

Telkom sees 20% sales growth in 2005

Telkom sees 20% sales growth in 2005 Tony Hotland, The Jakarta Post, Jakarta State telecommunications firm PT Telkom expects a sales growth of 20 percent next year upon expectations of more subscribers.

Ship in London to mark Bali bombing

Ship in London to mark Bali bombingTim Elfrink, Associated Press, London Divided by nationality and religion, a crew of 48 amateur sailors united to guide a sailing ship up the Thames River, completing a voyage that honored a British victim of the 2002 Bali bombings.

TV Program: Thursday, October 14, 2004

TV Program: Thursday, October 14, 2004 .TB.30" .90"TVRI 6:00 a.m. News: Berita Pagi7:05 Documentary8:00 Talk Show8:30 Music: Asyik-Asyik10:00 Talk Show: Wirausaha11:00 Singing Contest: Konteswara12:00 p.m.

Where to go in Bali for Thursday, October 14, 2004

Where to go in Bali for Thursday, October 14, 2004.TB.30" 1.0" Exhibitions* Textile, Rare Textile from All Part of Indonesia, at the Gallery of Alila Ubud Hotel, Malinggih Kelod Village, Payangan Gianyar, until Oct. 20. * Ceramic Reflections on Bali by Michael Pugh, at Jenggala Keramik Bali, Jl.

Mall worker foils bomb attempt

Mall worker foils bomb attemptMikael Onny Setiawan, The Jakarta Post, Balikpapan Police defused on Tuesday night a bomb that was discovered in Fantasy Mall in the East Kalimantan city of Balikpapan, which is home to several foreign oil and mining companies.

Police raided a squatter settlement in a Malaysian jungle,

Police raided a squatter settlement in a Malaysian jungle, burning down shacks and arresting more than 100 illegal immigrants, mainly from Indonesia's war-torn Aceh province, a human rights group said on Wednesday.

The Electricity Law and its impact on competition

The Electricity Law and its impact on competitionLalu A. Damanhuri, Jakarta Electricity has long been a state-regulated sector in Indonesia. The main idea behind regulation was that it was necessary because the market for electricity services was a natural monopoly.

Mourners show unity, solidarity

Mourners show unity, solidarityI Wayan Juniartha, The Jakarta Post, Kuta, Bali As all of about 2,000 candles were lit, the area around the Bali monument in Kuta gradually transformed into a sea of waving light.

Singapore Technologies transfers shareholdings to parent Temasek Holdings[

Singapore Technologies transfers shareholdings to parent Temasek Holdings[ Singapore Technologies will transfer all its shareholdings to its parent company -- government investment arm Temasek Holdings -- as part of a rationalization plan, the companies said on Wednesday.

Ramadhan most likely to start on Friday

Ramadhan most likely to start on FridayThe Jakarta Post, Bandung/Jakarta Unlike previous years when Indonesian Muslims started fasting for Ramadhan on two different dates, they will all likely begin fasting on Friday.

Part 1 of 2: Can ASEAN integration help the poor?

Part 1 of 2: Can ASEAN integration help the poor?Romeo A. Reyes, Jakarta One of the key issues that ASEAN has been dealing with following expansion of its membership to ten is the development divide within and across member countries.

Mandiri mulls loans from foreign banks

Mandiri mulls loans from foreign banksRendi A. Witular, The Jakarta Post, Jakarta State-owned Bank Mandiri, the country's largest bank by assets, plans to seek bilateral lending from foreign banks to help refinance its maturing debts this year following a decision to drop plans to raise the...

Better late than never for Audi Q7 SUV

Better late than never for Audi Q7 SUVNovan Iman Santosa, The Jakarta Post, Jakarta German premium carmaker Audi AG recently announced it would start delivering its own sports utility vehicle (SUV), the Audi Q7, by November 2005, somewhat later than its competitors.

'Music is remedy for stress'

'Music is remedy for stress' The authorities are alarmed by the increasing number of suicide attempts, many of them by young people. According to experts, the social alienation many people experience living in a large city like Jakarta can increase stress levels.

Profiles: Jakarta councillors

Profiles: Jakarta councillors Amid allegations of vote-buying during the election for the Jakarta Council speaker, councillors have pledged to work together to fight institutional corruption and create a better, more humane city for residents.

House divided over military chief's resignation

House divided over military chief's resignationKurniawan Hari and Tiarma Siboro, The Jakarta Post, Jakarta The resignation of Indonesian Military (TNI) Commander Gen. Endriartono Sutarto has polarized the Nationhood Coalition and the People's Coalition in the House of Representatives in another...