Indonesian Political, Business & Finance News

Archive: 15 October 2004

65 articles found

Police release Depok graft suspects

Police release Depok graft suspects JAKARTA: Jakarta Police released 18 Depok councillors allegedly involved in graft from detention on Wednesday afternoon after detaining them for more than a month and put them under city arrest for 20 days.

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

Part 2 of 2: Can ASEAN integration help the poor?Romeo A. Reyes, Jakarta With regard to the second question as to whether economic integration would benefit the poor and reduce inequities within and across ASEAN, much will depend on the ability of the less developed AMCs, especially the CLMV...

RI loses in Kogas tender

RI loses in Kogas tender Chairman of the country's oil and gas upstream regulator (BP Migas) Rachmat Sudibjo said on Thursday, Indonesia had lost a tender to supply 3 tons of liquefied natural gas per year (LNG) to South Korea's Korean Gas Corp. (Kogas).

Protest mars UIN inauguration

Protest mars UIN inaugurationYOGYAKARTA: A student protest marred the inauguration of the Sunan Kalijaga Islamic State University on Thursday in Yogyakarta, with students calling on the government to prevent education from being commercialized by "irresponsible parties".

U-185 gives impetus to 'short' players

U-185 gives impetus to 'short' playersEva C. Komandjaja, The Jakarta Post, Jakarta Indonesia's success at the recent under-185 centimeter men's world volleyball championship in Jakarta testified to the host nation's potential competitiveness in the sport when physical factors were equalized.

Indonesia's general elections: Nation-builders at work

Indonesia's general elections: Nation-builders at workCraig Charney and Tim Meisburger, The Straits Times, Asia News Network, Singapore Four years ago, an unlikely TV star was born here. She wasn't a sexy young thing plugging cellphones.

Rupiah Rates Oct.14

Rupiah Rates Oct.14 Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 6,985.62 6,256.50 6,656.56 6,585.34 Brunei dollar 1 5,721.24 5,124.58 5,451.74 5,393.93 Canadian dollar 1 7,665.02 6,868.09 7,303.96 7,229.07 Swiss franc 1 7,693.78 6,892.75 7,331.36 7,255.

ADS: CHINA EXPO -

ADS: CHINA EXPO -Part of the story OCHINAPromoting cooperation through China Summit In conjunction with the China-ASEAN Expo, the first China- ASEAN Business and Investment Summit will also be held at the Nanning International Convention & Exhibition Center on Nov. 3 and Nov. 4.

Part 1 of 2

Part 1 of 2 Can ASEAN integration help the poor? Romeo A. Reyes Jakarta2. Pro -- Building on the global recovery 1 X 45 Building stability on the back of global recovery Rodrigo de Rato Project Syndicate3.

Dance a downer at 2004 summit

Dance a downer at 2004 summitHelly Minarti, Contributor, JakartaThe curtain finally fell as the last show of Russian blackSKYwhite Theater wrapped up on Sunday the fourth Arts Summit, a month-long, triennial arts festival that has been organized here since 1995.

Imported food, beverages seized

Imported food, beverages seizedPALEMBANG, South Sumatra: Palembang officials confiscated on Thursday hundreds of items of illegally imported canned food and beverages in several markets and stores in the city.

'Refusing luxury cars is a big enough gesture'

'Refusing luxury cars is a big enough gesture'All four leaders of the People's Consultative Assembly (MPR) have refused the luxuries they are entitled in a bid to reduce state expenditure and to set an example of thrift among state officials.

Eight arrested over Basri's murder

Eight arrested over Basri's murderEvi Mariani, The Jakarta Post, JakartaThe investigation into the murder of notorious gang leader Basri Sangaji led to the arrest of eight men on Thursday, who were suspected of involvement in the bloody attack at a hotel room on Tuesday.

City eyes one-stop investment service

City eyes one-stop investment serviceDamar Harsanto, The Jakarta Post, JakartaThe Jakarta administration aims to provide a one-stop service for investors operating in the capital by preparing a new bylaw on investment in an effort to cut down on bureaucracy, the governor said.

* You are not what you're driven in Page 2

* You are not what you're driven in Page 2 * Military's role still haunts public: Research Page 4 * 'Papuan separatists' kill six civilians Page 5 * Indonesia's elections: Nation-builders at work Page 7 * Jakarta not assigned new state teachers this year Page 8 * U-185 event an impetus to 'short'...

Police arrest an Air Force office in counterfeit ring

Police arrest an Air Force office in counterfeit ringEvi Mariani, The Jakarta Post, JakartaJakarta Police officers have arrested an Air Force officer and three civilians for trading in counterfeit U.S. dollar bank notes and seized the equivalent of US$246,000.

The new Cabinet

The new CabinetFrom Koran TempoThe Cabinet of Susilo Bambang Yudhoyono (SBY), as Indonesia's sixth president, is expected to learn from the experiences of previous Cabinets, both at home and abroad, so that ministers are judged only by their performance and achievements.

Temasek May Buy Stakes in Minsheng, Medco to Expand

Temasek May Buy Stakes in Minsheng, Medco to Expand Bloomberg/Jakarta/SingaporeTemasek Holdings Pte, a S$53 billion government fund, may buy stakes in China's first private bank and Indonesia's biggest listed oil company as it steps up investments abroad.

Rupiah Rates Oct.14

Rupiah Rates Oct.14 Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 6,985.62 6,256.50 6,656.56 6,585.34 Brunei dollar 1 5,721.24 5,124.58 5,451.74 5,393.93 Canadian dollar 1 7,665.02 6,868.09 7,303.96 7,229.07 Swiss franc 1 7,693.78 6,892.75 7,331.36 7,255.

CD;

CD; ADS: CHINA Thousands of businesses sign up for China-ASEAN Expo At least 4,000 enterprises are expected to take part in the first-ever China-ASEAN Expo, which will be held from Nov. 3 to Nov. 6 in Nanning, capital of Guangxi Zhuang Autonomous Region.

Military's role still haunts public: Research

Military's role still haunts public: ResearchM. Taufiqurrahman, The Jakarta Post, JakartaDespite the growing democracy over the last six years, the people still harbor deep concerns over the role of the military in public life, which they say has spurred the prevalence of violence, a study has...

Haze blankets Palembang, Samarinda

Haze blankets Palembang, SamarindaMuhammad Uzair and Rusman, The Jakarta Post, Palembang/SamarindaHaze blanketed on Thursday the cities of Palembang and Samarinda on Sumatra and Kalimantan islands, respectively, causing respiratory and eye problems.

JSX forecasts 30 IPOs next year

JSX forecasts 30 IPOs next yearRendi A. Witular, Jakarta The Jakarta Stock Exchange (JSX) management estimates that 30 companies will sell their shares to the public next year by initial public offering (IPO) and become listed on the bourse.

Temasek may buy stakes in Minsheng, Medco to expand

Temasek may buy stakes in Minsheng, Medco to expandBloomberg/Jakarta/SingaporeTemasek Holdings Pte, a S$53 billion government fund, may buy stakes in China's first private bank and Indonesia's biggest listed oil company as it steps up investments abroad.Temasek may offer about S$110 million for a 4.

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...

Dark clouds over the drivers of Asian economic dynamism

Dark clouds over the drivers of Asian economic dynamismIfzal Ali, Jakarta The economies of developing Asia are expected to grow 7 percent this year equaling their performance in 2000, which saw their fastest growth since the Asian financial crisis.

14 councillors charged with graft

14 councillors charged with graftAndi Hajramurni and ID Nugroho, The Jakarta Post, Makassar/SidoarjoPolice here named at least 14 of 75 South Sulawesi legislative council members as suspects on Thursday in a graft case, while East Java prosecutors sought a six-year jail term for Sidoarjo...

Profiles: Jakarta councillors

Profiles: Jakarta councillorsAmid 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.

Deakin University unveils essay winners

Deakin University unveils essay winners JAKARTA: Neda Tanaga and Wasana Adi Nugraha were announced on Thursday as the winners of the student English essay competition organized by Deakin University.Neda of the University of Indonesia in Depok and Wasana of Airlangga University in Surabaya won...

Asia-Africa summit to go ahead

Asia-Africa summit to go ahead JAKARTA: Despite the change in national leadership, Indonesia will continue preparations for the 50th anniversary of the Asia- Africa Conference in Bandung next year.Minister of Foreign Affairs Hassan Wirayuda said on Thursday preparations remained on schedule and...

Hotels prepare to accommodate guests in Ramadhan

Hotels prepare to accommodate guests in RamadhanThe Jakarta Post, JakartaRamadhan is again upon us, and Muslims in Jakarta have many choices as to where to break their fast, as most hotels offer special menus.

Cumbersome bureaucracy undermines competitiveness

Cumbersome bureaucracy undermines competitivenessTony Hotland, The Jakarta Post, JakartaIndonesia's global competitiveness has improved over the past year, and yet it is battered by an inefficient bureaucracy, inconsistent policies and corruption, according to the World Economic Forum (WEF).

1. GARUDA: 2 LNES, 20 COUNTS

1. GARUDA: 2 LNES, 20 COUNTS Garuda to impose new ticket surcharge soon 2. ELECTION: 2 LINES, 21 COUNTS Kerry stands up to Bush in third, final debate 3. HOWARD: 1 LINES, 32 COUNTS Howard, SBY unite against terror 4.

Garuda to impose new ticket surcharge soon

Garuda to impose new ticket surcharge soonRendi A. Witular, JakartaFlag carrier Garuda Indonesia plans to introduce a new surcharge on tickets amid soaring global oil prices, which has seriously affected the price of jet fuel, a senior airline official said.

Govt compensates bombing victims

Govt compensates bombing victims JAKARTA: The government on Thursday provided compensation to 19 victims of the Sept. 9 bombing in front of the Australian Embassy in Kuningan, South Jakarta.Families of the nine deceased victims received some Rp 4 million (US$445) each, while those who suffered...

Mega orders count on medal recipients

Mega orders count on medal recipients JAKARTA: Outgoing President Megawati Soekarnoputri asked the Committee of State Honorary Medalists to list the names of those who have received state medals over the past four years.

PDI-P skip council leaders induction

PDI-P skip council leaders inductionSAMARINDA, East Kalimantan: Seven councillors from the Indonesian Democratic Party of Struggle (PDI-P) failed to attend the induction of new leaders of the East Kalimantan Legislative Council on Thursday.

You are not what you drive: Hidayat

You are not what you drive: HidayatEndy M. Bayuni, Jakarta Some of our top elected officials have decided to spurn the Volvo limousines and royal suites in five-star hotels to which they are entitled.Explaining the decision on Wednesday, Hidayat Nur Wahid, the speaker of the People's Consultative...

House increases number of commissions to 11

House increases number of commissions to 11Kurniawan Hari, The Jakarta Post, JakartaThe House of Representatives has agreed to raise the number of its commissions from nine to 11, following the increase in the number of legislators.

RI under pressure to ratify anti-haze deal

RI under pressure to ratify anti-haze dealYeoh En-Lai, Associated Press/SingaporeSoutheast Asian governments agreed on Thursday to launch a fund to support environmental projects in the region, and Indonesia's neighbors called on it to ratify a deal to introduce anti-haze pollution laws.

Protected animals released in East Java

Protected animals released in East JavaSURABAYA: East Java Natural Resources Conservation Body (BKSDA), in cooperation with non-governmental organization ProFauna Indonesia, released on Wednesday 31 protected animals in Hyang Plateau in Situbondo regency, East Java.

Couple nabbed for using fake credit card

Couple nabbed for using fake credit card TANGERANG: The Serpong Police arrested a couple and their driver on Wednesday for using a fake credit card while shopping at a supermarket in Plaza Serpong, Tangerang regency.

SBY asks people to trust him

SBY asks people to trust himTiarma Siboro, The Jakarta Post, BogorA minister from Papua, a civilian for the defense ministry and three coordinating ministers -- these are the few details of the new Cabinet announced by president-elect Susilo Bambang Yudhoyono.

Manila's Ramos and Jakarta's Bambang - twin fates?

Manila's Ramos and Jakarta's Bambang - twin fates?Rosemarie Francisco, Reuters/ManilaFourteen months ago, Susilo Bambang Yudhoyono, then Indonesia's chief security minister, visited former Philippine president Fidel Ramos in his Manila home to get advice on whether to run for his country's top post.

Jakarta not assigned new state teachers this year

Jakarta not assigned new state teachers this yearLeony Aurora, The Jakarta Post, JakartaNo teachers from among the 110,500 to be recruited by the central government this year will be allocated to Jakarta, says a top official of the Jakarta Intermediate and Higher Education Agency.

SBY only answerable to the people

SBY only answerable to the people Susilo Bambang Yudhoyono (SBY) is currently interviewing candidates for ministerial positions. As an ordinary citizen, I hope that the final decision to appoint someone is based on the interests of his supporters.

Bengawan Solo water unsafe for consumption

Bengawan Solo water unsafe for consumptionBlontank Poer, The Jakarta Post, SurakartaExperts and officials have warned of serious environmental damage in Surakarta, Central Java, and the six neighboring regencies of Sragen, Boyolali, Klaten, Sukoharjo, Wonogiri and Karanganyar.

PGN aims to accelerate key pipeline project

PGN aims to accelerate key pipeline projectApriadi Gunawan, The Jakarta Post, MedanState-owned gas distributor firm Perusahaan Gas Negara (PGN) said on Thursday it would complete its pipeline project linking Duri gas fields in Riau province with cities in North Sumatra sooner than expected,...

Children demand cleaner city air

Children demand cleaner city airUrip Hudiono, The Jakarta Post, JakartaWearing face masks and unfurling banners, some 100 students from 21 elementary schools throughout Jakarta made an impassioned plea for cleaner air in the metropolis at the Hotel Indonesia traffic circle on Wednesday.

Election quick count saves public funds

Election quick count saves public fundsA full-page advertisement in the Oct. 5 edition of a newspaper has impressed me. It reads: "Quick count by Metro TV & LP3ES. Fast & accurate, proven three times. Picture: Susilo Bambang Yudhoyono-Jusuf Kalla, Indonesia's president-elect for 2004-2009 announced...

Ministry to submit criminal law amendment bills to House

Ministry to submit criminal law amendment bills to HouseMuninggar Sri Saraswati, The Jakarta Post, JakartaThe Ministry of Justice is expected to submit bills on the amendment of the Criminal Code and the Criminal Law Procedures Code to the House of Representatives later this year in a bid to plug a...

'Papuan separatists' kill six civilians

'Papuan separatists' kill six civiliansNethy Dharma Somba, The Jakarta Post, JayapuraUnknown assailants, believed to be members of a Papuan rebel group, launched an armed attack against civilians on Tuesday night in Puncak Jaya regency here, killing six.

The huge fuel subsidies: How to bite the bullet

The huge fuel subsidies: How to bite the bulletMartin Jenkins, Jakarta In Indonesia, much debate has recently centered on how the government should tackle the problem of rising fuel subsidies as the price of crude oil on the international market moves ever higher.

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The huge fuel subsidies: How to bite the bullet Martin Jenkins Jakarta2. ADB -- Dark Clouds over Asia's dynamism 2 x 30 Dark clouds over the drivers of Asian economic dynamism Ifzal Ali Jakarta

Professionals needed in the Cabinet

Professionals needed in the CabinetFrom Koran Tempo Susilo Bambang Yudhoyono, and his running mate Jusuf Kalla have won the presidential elections. The fact that Susilo has been directly elected the sixth president of the country is indicative of the great hope that Indonesians have in the new...

Unidentified gunmen strike again in C. Sulawesi

Unidentified gunmen strike again in C. SulawesiRuslan Sangadji, The Jakarta Post, PaluUnidentified assailants launched two separate attacks in Central Sulawesi on Wednesday, killing at least three people despite stepped-up security by authorities in the troubled province.

Howard, SBY unite against terror

Howard, SBY unite against terrorMichelle Nichols, Reuters/CanberraAustralian Prime Minister John Howard and Indonesian President- elect Susilo Bambang Yudhoyono have agreed to cooperate in fighting the war on terror after speaking for the first time since both won recent elections.

Moderate earthquake shakes Bali

Moderate earthquake shakes BaliDENPASAR, Bali: An earthquake shook Indonesia's tourist island of Bali on Thursday, sending some people rushing out of buildings according to local media reports, but police said there were no reports of casualties or damage.

RI, Malaysia boost border patrols

RI, Malaysia boost border patrols MANADO, North Sulawesi: Police and military officers from Indonesia and Malaysia wrapped up on Thursday a staff planning committee meeting here, with an agreement to jointly fight crime in border areas.A spokesman for the Indonesian Military, Col.

Teh Botol, Kijang, Sari Ayu win best brand awards

Teh Botol, Kijang, Sari Ayu win best brand awardsZakki P. Hakim, The Jakarta Post, Jakarta "Whatever you eat, drink Teh Botol Sosro," reads the advertisement for Sosro bottled tea, which for years has been a very popular soft drink among Indonesians, whether to accompany a snack or meal, or simply...

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Coordinating Ministers: 1. Coordinating Minister for Political, Security and Legal Affairs Office 2. Coordinating Minister for the Economy Office3. Coordinating Minister for People's Welfare Office Ministers: 1. Ministry of Home Affairs2. Ministry of Foreign Affairs3. Ministry of Defense4.

Police general faces bribe charge

Police general faces bribe chargeAbdul Khalik, The Jakarta Post, JakartaDirector of the National Police economic crimes division Brig. Gen. Samuel Ismoko will soon be questioned for allegedly taking a bribe worth US$20,000 to allow Adrian Waworuntu, one of key suspects in the Rp 1.

Govt sets up new commission on World Sight Day

Govt sets up new commission on World Sight DayDewi Santoso, The Jakarta Post, JakartaPoor people suffering from eyesight complications and/or blindness are set to receive free medical care as the government has promised to raise funds for their operations.

Modest lifestyle campaign gets public support

Modest lifestyle campaign gets public supportKurniawan Hari, The Jakarta Post, JakartaPublic support is mounting for the People's Consultative Assembly leaders who have embarked on a campaign to promote modest lifestyles, and so are the demands that the drive extend to all state officials.

Sampoerna to pay 10.75% on bonds

Sampoerna to pay 10.75% on bonds JAKARTA: PT H.M. Sampoerna, Indonesia's biggest publicly traded cigarette maker, will pay a coupon of 10.75 percent on the Rp 1 trillion (US$109.4 million) of bonds it is selling this month.