Indonesian Political, Business & Finance News

Archive: 27 October 2004

84 articles found

Casset visit Vietnam for squad trials

Casset visit Vietnam for squad trials HANOI: A French-born soccer player of Vietnamese origin is to fly to Vietnam this week for national team trials after saying he was willing to join the squad, the Vietnam Football Federation said on Tuesday.

Searching for 'lamang tapai' at Bedug Fair

Searching for 'lamang tapai' at Bedug FairJon Afrizal, The Jakarta Post, JambiThe Bedug Fair, being held for the third consecutive year, has become a tradition in Jambi specifically for the fasting month of Ramadhan.The fair starts at 2 p.m. and will peak between 4 p.m. and 5 p.m.

CNOOC signs deal with Myanmar

CNOOC signs deal with Myanmar HONG KONG: Energy giant China National Oil Offshore Oil Corp (CNOOC) said on Tuesday it has signed an oil exploration and sharing agreement with Myanmar's state-owned oil company, Myanmar Oil and Gas Enterprise.

Mittal's $4.5b buy may trigger steel mergers

Mittal's $4.5b buy may trigger steel mergersStuart Wallace, Bloomnberg/London Lakshmi Mittal's US$4.5 billion acquisition of International Steel Group Inc. may prompt a spree of deals as the steel industry consolidates to cut costs.

For SPOTLIGHT

For SPOTLIGHT NEW HOUSING: PT Surya Gading Mas Sakti (PT SGMS) director Hendro Setiawan (center) and PT Adhi Karya (PT AK) construction division I head Kiswodarmawan (second from right) sign a memorandum of understanding (MOU) on the Sudirman Park Apartment Project. Under the MOU signed on Oct.

Religious tolerance needed

Religious tolerance needed The inauguration speech of our new president was very encouraging: "Indonesia is determined to become a voice that promotes peace, increases prosperity and defends justice. Indonesia will continue to grow as a democratic, open, modern, pluralistic and tolerant nation.

Police put on high alert for Idul Fitri holidays

Police put on high alert for Idul Fitri holidaysNana Rukmana , The Jakarta Post, CirebonThousands of police are to be deployed along the busy northern coastal highway area of Java to ensure a safe holiday season and guard against possible terrorist attacks around the Idul Fitri celebrations.

1. STEMCELL: 4 x 12

1. STEMCELL: 4 x 12 Sick people see hope in stem-cell cloning ORStem-cell controversy means little to the sick 2. POLKAM: 2 x 28 Acehnese want peace, freedom from Susilo administration 3. MUTIA: 4 x 9 Bomb victim Mutia buried at Tanah Kusir 4.

Bhakti aims to raise stake in Bimantara and Agis

Bhakti aims to raise stake in Bimantara and AgisRendi A. Witular, The Jakarta Post, Jakarta In its efforts to gain greater control and profit from its subsidiaries, publicly listed investment firm PT Bhakti Investama aims to become the controlling shareholder in several of its high-profile...

Bank Niaga to issue subordinated debts

Bank Niaga to issue subordinated debtsTony Hotland, The Jakarta Post, JakartaBank Niaga announced on Tuesday it planned to issue up to Rp 800 billion (about US$87.91 million) worth of subordinated debts in March next year to raise funds to improve its capital adequacy ratio (CAR).

* Jakarta on alert for anthrax Page 2

* Jakarta on alert for anthrax Page 2 * KPK to report uncooperative state officials to police Page 4 * Thousands of police on standby along Java's north coast routes Page 5 * Time for Indonesia to look seaward Page 6 * Political observer Chusnul accused of libel Page 8 * Ernie Els stays away as...

Councillors want stay close to people

Councillors want stay close to people TANGERANG: In a proposal to encourage a more modest lifestyle among Tangerang Council members, a councillor suggested that the government not build a housing compound exclusively for councillors as planned.

Govt committed to liberalizing education sector

Govt committed to liberalizing education sectorZakki P. Hakim and Sri Wahyuni, The Jakarta Post, Jakarta/Yogyakarta The new government remains committed to liberalizing the country's education sector in line with the World Trade Organization plan, despite protests from local university rectors, who...

JP/5/stpdn

JP/5/stpdnSTPDN students held over new bullying incidentYuli Tri Suwarni The Jakarta Post/BandungTwo senior students of the Institute of Public Administration (STPDN) in Sumedang were detained by police on Tuesday for bullying, the latest incident at the college that has developed a reputation for...

Bogor to check Idul Fitri gifts

Bogor to check Idul Fitri gifts BOGOR: The municipal administration will soon raid shopping centers, kiosks and shops that sell Idul Fitri gift- and food packages, an official said on Monday."The target is expired food products," Bambang Hermanto, head of the Bogor Industry, Trade and Cooperatives...

Mutia buried at Tanah Kusir

Mutia buried at Tanah KusirScattered flower petals on the fresh grave and prayers marked the funeral of Mutia Rahmani Amalia, 16, under the scorching sun at Tanah Kusir Cemetery on Tuesday morning.Dozens of Mutia's classmates of SMU 70 state high school, students of Perguruan Cikini high school,...

STPDN students detained in latest bullying incident

STPDN students detained in latest bullying incidentYuli Tri Suwarni, The Jakarta Post, BandungTwo senior students of the Institute of Public Administration (STPDN) in Sumedang were detained by police on Tuesday for bullying, the latest incident at the college that has developed a reputation for...

Govt raises bus fares for annual exodus

Govt raises bus fares for annual exodusDadan Wijaksana The Jakarta Post/JakartaAs the Idul Fitri celebrations draw near, the government has decided to increase intercity bus fares by between 4 percent and 6.6 percent.

Prosecute corrupters or face sanction: SBY

Prosecute corrupters or face sanction: SBYAbdul Khalik, The Jakarta Post, JakartaDays after announcing that he would personally lead the campaign against corruption, President Susilo Bambang Yudhoyono ordered the Attorney General's Office and the National Police on Tuesday to prosecute suspected...

JP/Togean

JP/TogeanSaving the Togean islands from destructive fishingFachruddin Majeri Mangunjaya Contributor/JakartaThe sea was calm, clear and without a single wave. The exhausting journey from Ampana, 150 kilometers from Palu, Central Sulawesi, was immediately compensated for when we stepped from the boat...

Septi, coach question dismissal from IA

Septi, coach question dismissal from IAMoch. N. Kurniawan, The Jakarta Post, Jakarta Tennis coach Deddy Prasetyo questioned on Tuesday the dismissal of promising women's tennis player Septi Mende from the Indonesia Awakens (IA) training program.

'Everyone is equal before the law'

'Everyone is equal before the law'The police's relative silence over the attacks on restaurants and entertainment centers by militant groups since the beginning of Ramadhan has raised questions from many quarters as to whether these groups are above the law.

New govt aims to resolve problems in SOEs

New govt aims to resolve problems in SOEsRendi A. Witular, The Jakarta Post, Jakarta The new government under President Susilo Bambang Yudhoyono will push efforts to resolve protracted problems in state-owned enterprises (SOEs) in its first 100 days, in a bid to help the companies run their...

Don't give officials gifts: KPK

Don't give officials gifts: KPKMuninggar Sri Saraswati, The Jakarta Post, JakartaThe Corruption Eradication Commission (KPK) asked on Tuesday President Susilo Bambang Yudhoyono, who recently announced he would directly lead a national antigraft drive, to ban state officials from receiving valuable...

Jakarta bans Bogor livestock for fear of anthrax

Jakarta bans Bogor livestock for fear of anthraxThe Jakarta Post, Jakarta, BogorIn an effort to prevent the spread of anthrax into the capital, the Jakarta administration has temporarily banned livestock supplies from Bogor regency, where a number of villagers in one district have died or fallen...

[b]

The only choice left: Go with the right policy Riyadi Suparno Jakarta2. Jason -- Time for Indonesia to look seaward 2 x 30 Time for RI to look seaward, tap its vast marine resources Jason M. Patlis Jakarta

Acehnese want peace, justice and freedom from Susilo administration

Acehnese want peace, justice and freedom from Susilo administrationNani Farida and Tiarma Siboro, The Jakarta Post, Banda Aceh/JakartaPeace, safety and justice for local officials implicated in corruption are all that the Acehnese are demanding from the Susilo administration as it prepares new...

[b]

A Kerry victory and European foreign policy Aleksander Smolar Project Syndicate2. Howard -- Reaching out 1 X 30 New RI-Australia security pact? Robyn Lim The Straits Times Asia News Network Singapore 3.

BCA profits Rp 2.35t in nine months

BCA profits Rp 2.35t in nine monthsThe Jakarta Post, JakartaBank Central Asia (BCA) reported on Tuesday its net profit had increased by 40.32 percent in the first nine months of this year to Rp 2.34 trillion (US$257.14 million) on higher net interest income.Net interest income rose to Rp 4.

Bank Niaga to issue subordinated debts

Bank Niaga to issue subordinated debtsTony Hotland The Jakarta Post/JakartaBank Niaga announced on Tuesday it planned to issue up to Rp 800 billion (about US$87.91 million) worth of subordinated debts in March next year to raise funds to improve its capital adequacy ratio (CAR).

SBY's speech

SBY's speech very inspiring Thank you for printing the English translation of the inaugural speech of Indonesia's new President Susilo Bambang Yudhoyono (SBY), in The Jakarta Post's Oct. 21 edition. This is one of the finest speeches I have ever read.

Govt raises bus fares for exodus

Govt raises bus fares for exodusDadan Wijaksana, The Jakarta Post, JakartaAs the Idul Fitri celebrations draw near, the government has decided to increase intercity bus fares by between 4 percent and 6.6 percent.

Many residents have no access to power

Many residents have no access to power PALEMBANG, South Sumatra: More than half of South Sumatra's residents have no access to electricity, due to the remote locations of their homes, a senior government official said on Tuesday.Of 1.

Civilian supremacy first

Civilian supremacy firstFrom Koran TempoPresident Susilo Bambang Yudhoyono (SBY) has pledged to strive for civilian supremacy in his new Cabinet, meaning the top positions will be held by civilians rather than a policy against the military or ex-soldiers.

Malnutrition still a problem in C. Java

Malnutrition still a problem in C. Java SEMARANG: Despite economic advances, a good number of infants in Central Java continue to suffer from malnutrition.Agus Sartono, an official of the Central Java Health Office, said on Tuesday that up until September, this year a total of 4,394 infants in the...

Police claim to have four raid suspects but no arrests so far

Police claim to have four raid suspects but no arrests so farDamar Harsanto and Evi Mariani, The Jakarta Post, JakartaThe Jakarta Police stated that they had four suspects who were likely involved in the the attack against Star Deli bar/restaurant in Kemang, South Jakarta, last Thursday.

Nine RI boats caught in Australian waters

Nine RI boats caught in Australian watersAUSTRALIA: Nine Indonesian fishing boats were intercepted while poaching fish from Australia's northern waters, the government said on Tuesday.Fisheries and customs authorities combined forces with the air force and navy to apprehend the vessels off...

Newspaper accused of bias in articles

Newspaper accused of bias in articles PALU; Central Sulawesi: Some 100 youths staged a protest on Tuesday in front of the office of a local newspaper in Palu, Radar Sulteng, condemning the newspaper for running biased articles.

Kudos to immigration

Kudos to immigration I visited your beautiful country on Oct. 10. Having heard many frightening stories of how the immigration officers demand money to stamp our passports, I would like to tell you that on arrival that day at 3 p.m., I did not encounter any such problem.

RI and the Netherlands:

RI and the Netherlands: From old friendship to modern partnership Bernard BotYesterday The Hague, today Jakarta, tomorrow Rome. Anyone who passes through five time zones twice within 48 hours and covers a total of 28,000 kilometers must have a good reason for doing so. And so I do.

Bhakti to raise stake in Bimantara, Agis

Bhakti to raise stake in Bimantara, AgisRendi A. Witular The Jakarta Post/Jakarta In its efforts to gain greater control and profit from its subsidiaries, publicly listed investment firm PT Bhakti Investama aims to become the controlling shareholder in several of its high-profile subsidiaries next...

Activists criticize forestry minister

Activists criticize forestry minister JAKARTA: Environmental activists criticized new Minister of Forestry M.S. Ka'ban for encouraging exploitation of forests to help the country collect more income.Longgena Ginting, director of the Indonesian Forum for the Environment (Walhi), said on Tuesday that...

Chusnul named suspect in defamation case

Chusnul named suspect in defamation caseEvi Mariani, The Jakarta Post, JakartaPolitical observer Chusnul Mar'iyah was named a suspect on Tuesday by the Jakarta Police in a slander complaint filed by telecommunication expert Roy Suryo.

Stem-cell controversy means little to the sick

Stem-cell controversy means little to the sickDewi Santoso, The Jakarta Post, JakartaFor 26-year-old Irawan, the global controversy over stem-cell cloning means very little as he believes such a procedure could lead to a cure for the kidney failure he has suffered for more than three years.

RI set to take back 160,000 illegal workers from Malaysia

RI set to take back 160,000 illegal workers from MalaysiaRidwan Max Sijabat, The Jakarta Post, JakartaThe government is making the necessary preparations to facilitate the return of an estimated 160,000 Indonesian illegal workers from Malaysia to celebrate Idul Fitri in their home villages.

A puzzled nation?

A puzzled nation?From Media IndonesiaLeaders of the People's Consultative Assembly (MPR) have decided to give up their luxury car facilities and expect more modest ones instead. In economic terms, those above the average standard of living lead a luxurious existence whereas those below these...

Time for RI to look seaward, tap its vast marine resources

Time for RI to look seaward, tap its vast marine resourcesJason M. Patlis , Jakarta There is a series of statistics that is often cited by government policymakers to underscore the importance and richness of Indonesia's oceans: Indonesia is the world's largest archipelagic country, comprised of...

RI beats Brazil at chess Olympiad

RI beats Brazil at chess OlympiadThe Jakarta Post, Jakarta Indonesia's men's squad beat Brazil while their female compatriots held Luxembourg to a draw on Monday in the 10th round of the chess Olympiad in Calvia, Spain.

Ten players head to China Open

Ten players head to China OpenMoch. N. Kurniawan, The Jakarta Post, Jakarta The Indonesian Badmitton Association (PBSI) will send 10 shuttlers to the China Open next month, eyeing men's singles' players to reach the finals.The matches will be held at Guangzhou Tianhe Gymnasium, Guangzhou, from Nov.

Champion of modesty

Champion of modesty I appreciate the commitment of Hidayat Nur Wahid, the new People's Consultative Assembly Speaker, who has refused to use luxury facilities such as the official Volvo vehicle and five- star hotels, saying they wasted the national budget.

Police's role questioned

Police's role questionedFrom Media Indonesia The true role of the police in law enforcement remains a big question mark. Only a few corruption cases have been tried after a lengthy process between the police and the prosecutor's office, only to result in the convicts' enjoying unlimited privileges...

Indonesia has established its own aerospace industry, PT

Indonesia has established its own aerospace industry, PT Dirgantara Indonesia (DI, formerly known as IPTN). In the past, IPTN made CN-235, evidence of the country's mastery of high- technology in aircraft making. PT DI has also received orders for components of jumbo Airbus A-380 aircraft.

Rupiah Rates Oct.26

Rupiah Rates Oct.26 Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 7,170.80 6,417.22 6,829.87 6,757.92 Brunei dollar 1 5,758.82 5,153.96 5,485.02 5,427.59 Canadian dollar 1 7,846.84 7,025.17 7,473.76 7,398.15 Swiss franc 1 8,009.71 7,169.75 7,628.89 7,550.

The only choice left: Go with the right policy

The only choice left: Go with the right policyRiyadi Suparno, Jakarta The much-criticized new economic team has an uphill battle to prove to the skeptics and the lackluster market that they can deliver results, especially over the next 100 days.

Comedian Derry faces prison term

Comedian Derry faces prison term JAKARTA: Prosecutors sought on Tuesday a sentence of one-year in prison for comedian Derry Sudarisman, who was on trial at the Central Jakarta District Court for drug possession.

New RI-Australia security pact?

New RI-Australia security pact?Robyn Lim, The Straits Times, Asia News Network, Singapore John Howard, recently re-elected for a fourth term as Australia's conservative Prime Minister, was the only non-ASEAN head of government to attend Indonesian President Susilo Bambang Yudhoyono's inauguration.

Banten getting ready for Idul Fitri homecoming

Banten getting ready for Idul Fitri homecomingMulta Fidrus and Evi Mariani, The Jakarta Post, Jakarta/SerangThe Banten administration is better prepared this year to accommodate the annual exodus of people who want to celebrate the Idul Fitri holiday in their hometowns.

ASEAN to receive new wave of U.S. investments: Experts

ASEAN to receive new wave of U.S. investments: ExpertsP. Parameswaran, Agence France-Presse, Washington U.S. companies are considering a new wave of capital investments to Southeast Asia following greater political stability and assurances of business-friendly reforms by leaders in the region,...

Belanak facility to up RI's oil output: Purnomo

Belanak facility to up RI's oil output: PurnomoDadan Wijaksana, The Jakarta Post, JakartaMinister of Energy and Mineral Resources Purnomo Yusgiantoro said on Tuesday the nation's yearly crude oil output had declined by an average of 16 percent over the past years but a new production facility would...

1 x 41

1 x 41 Aceh official sent to jail for corruption 1 x 27 Minivan hits bus, six dead 1 x 41 Searching for 'lamang tapai' at Bedug Fair 2 x 25 STPDN students detained in latest bullying case 2 x 32 Suspected rebels rob bank, kill policeman JP/5/FOCUS Police put on high alert for Idul Fitri holidays

Suspected rebels rob bank, kill policeman

Suspected rebels rob bank, kill policemanApriadi Gunawan, The Jakarta Post, MedanNorth Sumatra Police claimed on Tuesday that the Free Aceh Movement (GAM) was behind a fatal robbery in Medan a day earlier.

A puzzled nation?

A puzzled nation?From Media IndonesiaLeaders of the People's Consultative Assembly (MPR) have decided to give up their luxury car facilities and expect more modest ones instead. In economic terms, those above the average standard of living lead a luxurious existence whereas those below these...

Government issues Rp 4 trillion bonds

Government issues Rp 4 trillion bondsThe Jakarta Post, JakartaThe government sold some Rp 4 trillion (US$440 million) worth of bonds on Tuesday, which was higher than the initial plan of Rp 3 trillion due to strong demand.The seven-year bonds were sold at a weighted average yield of 10.

KPK to report ignorant officials to the police

KPK to report ignorant officials to the policeMuninggar Sri Saraswati, The Jakarta Post, JakartaThe Corruption Eradication Commission (KPK) warned both former and new state officials, including ministers and legislators, to declare their current wealth as soon as possible, unless they will face...

IFC to meet Susilo over investment

IFC to meet Susilo over investmentJAKARTA: International Finance Corporation (IFC) executive vice president Peter Woicke is scheduled to meet President Susilo Bambang Yudhoyono, Minister of Finance Yusuf Anwar and other members of the economic team during his visit to Jakarta from Oct. 28 to Oct.

Papuans living abroad to return home

Papuans living abroad to return home MERAUKE, Papua: The Indonesian government is ready to bring home 232 displaced people of Indonesian nationality living in Daru, a province of Papua New Guinea near the Indonesian border, an Indonesian senior official claimed on Tuesday.

JP/13/Bond

JP/13/BondGovt issues Rp 4 trillion bondsThe Jakarta Post/JakartaThe government sold some Rp 4 trillion (US$440 million) worth of bonds on Tuesday, which was higher than the initial plan of Rp 3 trillion due to strong demand.The seven-year bonds were sold at a weighted average yield of 10.

Schools for intelligence & morality

Schools for intelligence & moralityFrom Suara KaryaThe success of an education system should be seen not only in the intellectual caliber of school graduates, but also in their daily conduct in different fields of life.

TV Program: Wednesday, October 27, 2004

TV Program: Wednesday, October 27, 2004TVRI .TB.30" .90" 3:30 a.m. Variety Show: Sahur4:30 Religious Teachings5:30 Koran Reading: Iqra6:00 News: Berita Pagi7:00 Dunia Wanita8:30 Music: Asik-asik10:00 Battle of Wits11:00 Singing Contest: Konteswara 12:00 p.m.

Six people dead, 14 others injured as minivan hits bus

Six people dead, 14 others injured as minivan hits busPuji Santoso, The Jakarta Post, PekanbaruA public transportation minivan crashed into a commercial bus in Kampar regency, Riau, on Tuesday morning, killing four people and severely injuring 16 others.

KPK to focus on three cases

KPK to focus on three cases JAKARTA: The Corruption Eradication Commission (KPK) said on Tuesday it would devote much of its energy to alleged graft in the sale of Pertamina supertankers, haj arrangements by the ministry of religion and procurement of equipment by the state radio RRI.

Hambali's brother gets four years for role in Marriott bombing

Hambali's brother gets four years for role in Marriott bombingSari P. Setiogi, The Jakarta Post, JakartaA brother of the regional terrorist suspect Riduan Isamudin alias Hambali was sentenced to four years in prison on Tuesday for helping fund the J.W. Marriott hotel bombing in Jakarta last year.

Decree clears way for spokesperson

Decree clears way for spokespersonJAKARTA: The State Secretariat is currently preparing a presidential decree on the appointments of Andi Mallarangeng and Dino Pati Djalal as the official presidential spokespersons.

RI and the Netherlands:

RI and the Netherlands: From old friendship to modern partnership Bernard BotYesterday The Hague, today Jakarta, tomorrow Rome. Anyone who passes through five time zones twice within 48 hours and covers a total of 28,000 kilometers must have a good reason for doing so. And so I do.

Police to work with prosecutors

Police to work with prosecutors JAKARTA: The Attorney General's Office will appoint a prosecutor to help the police draw up indictments on high-profile cases to make sure the case files are done correctly from the beginning of the process.

Rejection of Volvos good example

Rejection of Volvos good exampleFrom Koran TempoThe Speaker of the People's Consultative Assembly (MPR) Hidayat Nur Wahid has said that he will reject the Volvo automobile allocated for him. In this respect, the Speaker of the House of People's Representatives, Agung Laksono, while yet to respond...

Aceh official sent to jail for corruption

Aceh official sent to jail for corruptionNani Afrida and Yemris Fointuna, The Jakarta Post, Banda Aceh/KupangA district court in Nanggroe Aceh Darussalam sentenced former Banda Aceh mayor Zulkarnain on Tuesday to five years imprisonment for corruption, while an acting deputy legislative council...

Environment in big cities is poor and harmful to health

Environment in big cities is poor and harmful to healthM. Taufiqurrahman, The Jakarta Post, JakartaThe environment in the country's major cities is poor condition and adversely affects the population's health, a report says.

1. UNREST: 3 LINES, 10 COUNTS

1. UNREST: 3 LINES, 10 COUNTS 78 die in Thai custody after clash 2. SBY: 3 LINES, 16 COUNTS Prosecute corrupters or face punishment, SBY tells enforcers 3. KPK: 3 LINES, 10 COUNTS Don't give officials gifts: KPK 4. HOUSE: 1 LINE, 32 COUNTS Pro-govt legislators boycott meetings

S'pore to issue biometric passports

S'pore to issue biometric passports SINGAPORE: Singapore will issue electronic passports with biometric measures such as fingerprints late next year to meet new U.S. border security rules, a government minister said on Tuesday.

Pro-govt legislators boycott meetings

Pro-govt legislators boycott meetingsKurniawan Hari, The Jakarta Post, JakartaFive factions supporting President Susilo Bambang Yudhoyono boycotted on Tuesday a House of Representatives (DPR) plenary meeting and refused to submit candidates names for the election of committee leaders.

Fahmi, Marzuki beat Golkar

Fahmi, Marzuki beat Golkar JAKARTA: The West Jakarta District Court decided on Tuesday in favor of Golkar politicians Fahmi Idris and Marzuki Darusman, who had filed a lawsuit against the party over its dismissal of them.

Civil servant nabbed for trafficking animals

Civil servant nabbed for trafficking animals SURABAYA: The police arrested three people, including a civil servant, for trafficking protected animals in Bengkulu province, an animal rights activist said on Tuesday.

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.