Indonesian Political, Business & Finance News

Archive: 28 October 2004

78 articles found

Brimob to safeguard trains during break

Brimob to safeguard trains during break CIREBON, West Java: State train operator PT Kereta Api Indonesia (PT KAI) is cooperating with the National Police to assure the safety of travellers during the upcoming Idul Fitri holidays.

YPAC holds charity exhibition

YPAC holds charity exhibitionThe Jakarta Post, Jakarta A charity painting exhibition, organized by Yayasan Pembinaan Anak Cacat (YPAC), titled Pengsong: Mantra: Geredeg started yesterday (Wednesday). The exhibition can be seen at the main auditorium at the YPAC premises in Kebayoran Baru, South...

BNI Q3 profit almost doubles on consumer loans

BNI Q3 profit almost doubles on consumer loans PT Bank Negara Indonesia (BNI), the nation's third-biggest lender, almost doubled its profit in the third-quarter as a drop in interest rates reduced funding costs and spurred consumers to borrow more to buy homes and cars.Net income rose to Rp 1.

Indonesian-Americans are divided on U.S. election

Indonesian-Americans are divided on U.S. electionYenni Djahidin, The Jakarta Post, WashingtonIn one of the closest presidential races ever in American history, the Republican and Democratic parties are vying to court as many voters as possible, including new immigrants.

Bekasi toll road to boost development

Bekasi toll road to boost development BEKASI: A 45-kilometer toll road will be built here next year, connecting the industrial area of Cikarang with Tanjung Priok port in North Jakarta.The Karang Tanjung toll road will support the development of northern Bekasi, the head of the Bekasi Planning and...

Govt to review financing for toll road investment

Govt to review financing for toll road investmentRendi A. Witular, The Jakarta Post, Jakarta The new government is looking for alternative financing schemes for the construction of a total 1,500 kilometers of toll roads, which may require some US$7.73 billion in investment, according to a minister.

Prices of basic needs on the rise in Jambi

Prices of basic needs on the rise in Jambi JAMBI, Jambi: The price of basic necessities in Jambi has been on the rise since last week, due to rising demand ahead of the Idul Fitri festivity.The price of sugar and kerosene has risen to Rp 4,500 a kilogram and Rp 1,500 a liter from Rp 3,800 and Rp...

Hospital denies malpractice in embassy bombing death

Hospital denies malpractice in embassy bombing deathEvi Mariani, The Jakarta Post, JakartaThe death of Mutia Rahmani Amalia, 16, on Sunday has prompted the management of Medistra Hospital in South Jakarta, where the girl underwent cranial surgery, to deny accusations of negligence.

Suspects in latest STPDN violence freed

Suspects in latest STPDN violence freedYuli Tri Suwarni, The Jakarta Post, BandungPolice released on Wednesday two students who were officially named suspects in the latest bullying incident at the Institute of Public Administration (STPDN) in Sumedang, West Java.

Questions of credibility over Newmont floor Police

Questions of credibility over Newmont floor PoliceAbdul Khalik, The Jakarta Post, JakartaPolice complained on Wednesday that state prosecutors in Manado, North Sumatra had given them so many questions in the returned case file of the six suspects in the Buyat Bay pollution case that it meant they...

Police arrest female kidnapper

Police arrest female kidnapperEvi Mariani, The Jakarta Post, JakartaJakarta Police arrested on Wednesday morning a 40-year-old woman, identified as Lydia, when the suspect of a kidnapping case was making a withdrawal from an automatic teller machine (ATM) in Tamansari, West Jakarta.

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.

JP/18/HIVAIDS

JP/18/HIVAIDSTraditional art highlights HIV/AIDS campaign Luh De Suriyani Contributor/Karangsem It was a full moon on Saturday night in Budakeling village, Karangasem district. A 10-year-old boy had just performed the baris dance to a gamelan orchestra accompaniment played on a small tape recorder.

Bali has new India cultural center

Bali has new India cultural centerThe Indian government, via its embassy in Jakarta, opened a cultural center on Jl. Raya Puputan 42 to 44 in Renon, Denpasar, on Thursday.The venue to be known as the Indian Cultural Center, is the second of its kind and will function as a place for learning about...

District court begins hearing bias case against Cirebon mayor

District court begins hearing bias case against Cirebon mayorNana Rukmana, The Jakarta Post, CirebonCirebon Mayor Subardi went on trial in West Java on Wednesday in a presidential election partiality case in which he reportedly campaigned for Megawati Soekarnoputri and running mate Hasyim Muzadi in...

Rizal Ramli and the Cabinet

Rizal Ramli and the Cabinet Readers would appreciate the timely investigative article by your staff writer, Meidyatama Suryodiningrat on the Jostling and tossing, the making of the Cabinet in your paper dated Oct. 22, 2004.

National language policy: Problems and reality

National language policy: Problems and realitySetiono, Jakarta On Thursday, the nation commemorates Youth Pledge Day. In 1928, 17 years before the country's independence, a group of Indonesian youths pledged that Indonesia would become one country, with one nation and one language.

Immigration readies online data base

Immigration readies online data base JAKARTA: The immigration directorate at the Ministry of Justice and Human Rights plans to establish an online information system connecting its 380 offices and consulates as well as 126 entry points across the country.

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...

More detectives hunt bomb suspects

More detectives hunt bomb suspects JAKARTA: To augment efforts to capture Malaysian fugitives Azhari Bin Husin and Noordin Moh. Top as well as their accomplices, police have placed detectives at subdistrict levels to detect their hideouts.National Police chief of detectives Comr. Gen.

Public pressure proves vital for turtle conservation

Public pressure proves vital for turtle conservationI Wayan Juniartha, The Jakarta Post, Denpasar, BaliThe recent police operation against turtle poaching in Bali has revealed something important; the effectiveness of sustained public pressure in motivating law enforcement officers to take firm...

Govt to mull visa-on-arrival expansion

Govt to mull visa-on-arrival expansionMuninggar Sri Saraswati, The Jakarta Post, JakartaTourism and culture minister Jero Wacik has asked the Ministry of Justice and Human Rights to review the country's visa-on-arrival policy so more countries can enjoy the facility, a Cabinet member says.

Sports minister off to rocky start with late arrival

Sports minister off to rocky start with late arrivalEva C. Komandjaja and Moch. N. Kurniawan, The Jakarta Post, Jakarta He has been in his post less than a week, but State Minister for Youth Affairs and Sports Adhyaksa Dault has already run into controversy.

Officers told to shoot first, ask questions later

Officers told to shoot first, ask questions laterApriadi Gunawan and Suherdjoko, The Jakarta Post, Medan/SemarangA top police officer in North Sumatra has instructed all his subordinates to shoot armed robbers on sight following an upsurge in holdups in the province.

Govt to select KKR members

Govt to select KKR members JAKARTA: The government is expected to start selecting members of the Judicial Commission and the Truth and Reconciliation Commission (KKR) next month, an official said on Wednesday.

Panin posts 86% profit increase

Panin posts 86% profit increaseJAKARTA: Bank Panin, a medium-sized lender, reported on Wednesday an 86 percent increase in its third-quarter before-tax profit as compared with the same period last year.

Jakarta sluggish about park development

Jakarta sluggish about park developmentDamar Harsanto, The Jakarta Post, JakartaThe Jakarta Administration is falling behind its own target to acquire 50 hectares for parks and green spaces this year as it has only managed to acquire 1.2 hectares.

Old pledge a lesson

Old pledge a lesson It is disheartening to learn that thousands of students in a Jakarta school had to miss many days of their classes this month because of a religious dispute. We are talking about the Sang Timur Catholic School, Tangerang, which was blockaded for three weeks by two groups of...

Mari to review trade rulings

Mari to review trade rulingsThe new government will review several trade regulations, including those that arrange the trade of sugar, textiles and clothing, and automotive parts, a senior official said on Wednesday.

Govt readies for mass repatriation

Govt readies for mass repatriationTiarma Siboro, The Jakarta Post, JakartaThe government is preparing temporary shelters for the estimated 300,000 illegal Indonesian workers leaving Malaysia under amnesty next month, as they do not intend to return to their hometowns.

Kartika tireless in her painting at 70

Kartika tireless in her painting at 70Sri Wahyuni, The Jakarta Post, YogyakartaEach person has their own way of expressing gratitude to God.Noted artist Kartika Affandi expresses it by keeping in good spirits.

Stock prices at the Jakarta Stock Exchange (in rupiah) on Oct. 27, 2004

Stock prices at the Jakarta Stock Exchange (in rupiah) on Oct. 27, 2004 Trading Shares Close Change volume Abdi Bangsa Tbk 225 0 0 Ades Alfindo Tbk 3,000 0 0 Adhi Karya 450 5 1,680,000 Adira Dinamika 2,600 0 0 AGIS Tbk 105 5 1,785,500 Akbar Indo Makmur 155 10 133,000 AKR Corporindo Tbk 1,125 25...

House at odds over TNI chief

House at odds over TNI chiefThe Jakarta Post, JakartaPolitical wrangling erupted in the House of Representatives on Wednesday when the bloc critical of the government decided to ignore President Susilo Bambang Yudhoyono's letter annulling his predecessor's request for lawmakers to discuss the...

Tempo, PPM to seek amicable settlement

Tempo, PPM to seek amicable settlement JAKARTA: The Pemuda Panca Marga (PPM) youth organization has agreed to try to settle its latest legal dispute with Tempo magazine out of court.PPM lawyer Abdul Salam and Tempo lawyer Misbachudin said during a hearing on Wednesday at the Central Jakarta...

Retired officers in Cabinet: Assets or liabilities?

Retired officers in Cabinet: Assets or liabilities?Imanuddin Razak, The Jakarta Post A quick glance at the "United Indonesia Cabinet" indicates that the newly established Cabinet is a relatively non- controversial one as it caters to the interests of most factions in the country's political...

Athletes urged to shape up for Mexico trip

Athletes urged to shape up for Mexico tripMoch. N. Kurniawan, The Jakarta Post, Jakarta Muslim karatekas have been urged to delay their fasting in Ramadhan as the Indonesian Karate-do Federation (Forki) is keen on seeing its athletes in prime shape for next month's World Karate Championship.

ADB may lend $140m to KL, RI

ADB may lend $140m to KL, RIGrace Nirang, Bloomberg/Jakarta The Asian Development Bank may lend US$140 million to Malaysia and Indonesia for the construction of electricity transmission grids linking the two countries, said an official of Indonesian state utility PT Perusahaan Listrik Negara.

Council to approve more funds for the poor

Council to approve more funds for the poorUrip Hudiono, The Jakarta Post, JakartaThe city administration's poverty alleviation scheme -- in which it will issue a special card that enables the holders to have access to free or subsidized education and medical treatment -- will need to double its...

Police powerless to apprehend Maria

Police powerless to apprehend Maria BANDUNG: The National Police admitted on Wednesday they were having difficulties in bringing home Maria Pauline Lumowa, a prime suspect in the Rp 1.7 trillion (US$185 billion) BNI scandal, for prosecution in Indonesia.

Danamon profit up 68%, to buy more Adira shares

Danamon profit up 68%, to buy more Adira sharesTony Hotland, The Jakarta Post, JakartaPublicly listed Bank Danamon reported on Wednesday that net profit in the first nine months of the year surged by 68.1 percent compared to the same period of last year on the back of higher net interest income.

EU Troika mission visits Indonesia

EU Troika mission visits IndonesiaJAKARTA: Three European Union (EU) ministers are scheduled to meet the new Indonesian President Susilo Bambang Yudhoyono and Foreign Affairs Minister Hassan Wirayuda in an EU Troika Mission to Jakarta on Thursday.

SBY's speech very inspiring

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.

1. SEC 2x24

1. SEC 2x24 SEC may loosen restraints on pre-IPO 'quiet period' 2. EU 1x32 EU growth hit by surge in oil price, euro 3. Air 2x30 AirAsia shelves Singapore plans after licensing delay

Jakarta dwellers bear the brunt of pollution

Jakarta dwellers bear the brunt of pollutionM. Taufiqurrahman, The Jakarta Post, JakartaPeople who ride in chauffeured and air-conditioned cars are, perhaps, only aware of air pollution in Jakarta as being a blanket of haze perpetually hanging over the city.

Imanuddin Razak

Imanuddin Razak The Jakarta Post2. Musdah -- New Islamic Law Compilation -- A Muslim women's Ijtihad 2 x 30 New draft Islamic Law Code reflects response of Muslim women to violence Musdah Mulia Jakarta

Activists pan silent shelving of Islamic law draft revision

Activists pan silent shelving of Islamic law draft revisionDewi Santoso, The Jakarta Post, JakartaA coalition of women's non-governmental organizations (NGOs) criticized on Wednesday the government's recent decision to ban any discussion of the draft revision of the Islamic Family Law Code.

AirAsia shelves Singapore plans after licensing delay

AirAsia shelves Singapore plans after licensing delayDeutsche Presse Agentur, SingaporeMalaysia's AirAsia has shelved plans to start a budget airline in Singapore after rivals were given licenses first although AirAsia applied earlier, Southeast Asia's largest no-frills carrier said on Wednesday.

JP/14/Brief1

JP/14/Brief1Panin posts 86% profit increaseJAKARTA: Bank Panin, a medium-sized lender, reported on Wednesday an 86 percent increase in its third-quarter before-tax profit as compared with the same period last year.

Press freedom eroding in RI: RSF

Press freedom eroding in RI: RSFMuninggar Sri Saraswati, The Jakarta Post, JakartaPress freedom in Indonesia remains under serious threat due to the existence of outdated laws, and killings and physical attacks targeting journalists, an international press organization has said in a report.

Govt provides land for police posts

Govt provides land for police posts TANGERANG: Tangerang Mayor Wahidin Halim revealed on Tuesday that his administration has provided land in several districts to build police posts, Antara reported.The designated locations are in Karang Tengah, Karawaci, Cibodas, Pinang, Periuk and Larangan...

'Why don't the groups raid gambling dens?'

'Why don't the groups raid gambling dens?'After five days of relative silence, the Jakarta Police claimed they knew of four suspects involved in the attack against Star Deli bar/restaurant in Kemang, South Jakarta, on Oct. 22. However, they are still roaming freely on the streets.

Ba'asyir to face trial over Bali, Marriott blasts

Ba'asyir to face trial over Bali, Marriott blastsSari P. Setiogi and M. Taufiqurrahman, The Jakarta Post, JakartaElderly cleric Abu Bakar Ba'asyir is slated to stand a second trial on terrorist charges here on Thursday for his alleged links with the Bali and J.W. Marriott Hotel bombings.

PLN speeds up RI's first LNG terminal project

PLN speeds up RI's first LNG terminal projectThe Jakarta Post, JakartaState electricity company PLN said on Wednesday that next month it would begin sending out invitations for bids to develop a liquefied natural gas (LNG) receiving terminal in West Java.

Irene poised for medal at chess Olympiad

Irene poised for medal at chess OlympiadThe Jakarta Post, Jakarta Indonesia's chess squad may be struggling at the chess Olympiad in Calvia, Spain, but Irene Kharisma is poised to win a consolation medal after chalking up another win on Tuesday.

School sealed, pupils in limbo

School sealed, pupils in limbo PADANG, West Sumatra: A tribal leader has closed an elementary school built on the tribe's land in the Lubuk Minturun region since Monday, disrupting the learning activities of the students.

Batam councillors upset over mayoral snub

Batam councillors upset over mayoral snubFadli, The Jakarta Post, BatamFeeling embarrassed and left out, Batam councillors are taking Mayor Nyat Kadir to task over why they were shut out from a presentation by businessman Tomy Winata.

Govt to select

Govt to select commissions members JAKARTA: The government is expected to start selecting members of the Judicial Commission and the Truth and Reconciliation Commission (KKR) next month, an official said on Wednesday.

;JP;REN;

;JP;REN; ANPAf..r.. Rupiah-conversion-ratesRupiah Rates Oct. 27 JP/13/ConverRupiah Rates Oct. 27 Bank notes rates Selling Buying Rp Rp Australian dollar 1 7,144.44 6,395.54 Brunei dollar 1 5,762.76 5,159.06 Canadian dollar 1 7,817.97 7,000.33 Swiss franc 1 7,977.88 7,143.45 Danish krone 1 1,644.

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.

Lippo Bank's 9-month net income surges

Lippo Bank's 9-month net income surges JAKARTA: PT Bank Lippo, an Indonesian lender controlled by a group of investors led by Austria's fourth- largest bank, said nine-month net income surged, exceeding its full-year target, as it earned more interest income and cut costs.

Close gambling places

Close gambling places From Media Indonesia In response to the call by famous Muslim cleric, KH Abdullah Gymnastiar, all entertainment places must, during this Muslims' fasting month, be closed.Unfortunately, a gambling den located on the third floor of a big shopping center somewhere in Glodok,...

Asian shares little changed, Bangkok down sharply

Asian shares little changed, Bangkok down sharplyAgence France-Presse, Hong Kong Asian stocks closed little changed on Wednesday as record oil prices and uncertainty over the outcome of the U.S. presidential election outweighed Wall Street's strong rally overnight, dealers said.

TV Program: Thursday, October 28, 2004

TV Program: Thursday, October 28, 2004 .TB.30" .90"TVRI 3:30 a.m. Variety Show: Sahur4:30 Religious Teachings5:30 Koran Reading: Iqra6:00 News: Berita Pagi7:05 Documentary8:00 Talk Show8:30 Music: Asyik-Asyik10:00 Talk Show: Wirausaha11:00 Singing Contest: Konteswara12:00 p.m.

Draft Islamic Law Code reflects response of Muslim women

Draft Islamic Law Code reflects response of Muslim womenMusdah Mulia, JakartaFrom the beginning the compilation of articles under Islamic Law (KHI), which is set out in 1991 Presidential Instruction No.

Terrorist gets 14 months

Terrorist gets 14 months JAKARTA: Another terrorist suspect was sent to prison on Wednesday for 14 months by the Central Jakarta District Court for using a false identity card.Furqon Abdullah, alias Hamam Abdurrohman, was found guilty of using a false name and birthplace on his identity card when...

1. HOUSE: 2 LINES, 15 COUNTS

1. HOUSE: 2 LINES, 15 COUNTS Internal spat over leadership leaves House in vacuum 2. TNI: 2 LINES, 16 COUNTS House at odds over TNI chief 3. REAX: 2 LINES, 21 COUNTS Thailand reaps criticism over deadly crackdown 4. TAX: 2 LINES, 24 COUNTS Susilo wants 5.2% boost to tax revenue by 2009

1. PARKS: 2 X 21

1. PARKS: 2 X 21 City sluggish about park development 2. BAASYIR: 1 X 42 Ba'asyir to face trial over Bali, Marriott 3. VISA: 1 X 32 Govt to mull visa-on-arrival expansion 4. PRESS: 1 x 36 Press freedom eroding in Indonesia: RSF

Kadin submits road map to SBY

Kadin submits road map to SBYThe Jakarta Post, JakartaThe Indonesian Chamber of Commerce and Industry (Kadin), the country's most influential business group, presented President Susilo Bambang Yudhoyono on Wednesday with a road map to develop industry and investment in the country.

Where to go in Bali for Thursday, October 28, 2004

Where to go in Bali for Thursday, October 28, 2004.TB.30" 1.0" Exhibitions* Sculpture Objects of Life by I Wayan Jana, Griya Santrian Gallery, Jl. Danau Tamblingan 47, Sanur, until Dec. 3. * Ceramic Reflections on Bali by Michael Pugh, at Jenggala Keramik Bali, Jl.

First-time pilgrims to get 'priority seating'

First-time pilgrims to get 'priority seating'Fabiola Desy Unidjaja, The Jakarta Post, JakartaFor the next haj season, due to fall at the beginning of 2005, the government will allocate places primarily for first-time pilgrims to cut down on the number of people who wish to go to Mecca, Saudi Arabia.

Recently, on 11 October 2004, the Council of European Ministers

Recently, on 11 October 2004, the Council of European Ministers of Foreign Affairs adopted conclusions on the priorities in the cooperation and dialogue between the EU and Indonesia. The main topics of those conclusions were the following:General remarks The EU is attached to a united, democratic,...

x 40

x 40 Suspects in latest STPDN violence released JP/5/TOMMY2 x 20 Batam councillors upset over mayoral snub JP/5/ROBBERY3 x 12 Officers told to shoot first, ask questions later JP/5/poll2 x 29 District court begins hearing bias case against Cirebon mayor

Pancoran, Cilandak have new police chiefs

Pancoran, Cilandak have new police chiefs JAKARTA: The South Jakarta Police installed new police chiefs for Pancoran and Cilandak precincts on Wednesday, both are prestigious residential areas.Comr. Aldrin M.P. Hutabarat was installed as Pancoran Police chief, replacing Comr.

Internal spat leaves House in vacuum

Internal spat leaves House in vacuumKurniawan Hari, The Jakarta Post, JakartaA plenary meeting attended by five of the 10 factions in the House of Representatives endorsed on Wednesday members of 11 House commissions and five auxiliary bodies, but rival factions and an expert dismissed the session...

Security for homebound rush

Security for homebound rushFrom Suara Karya In the course of the Ramadhan fasting month, particularly toward the Idul Fitri holidays when most people in the city are flocking to bus terminals and railway stations to return to their homes, criminals will again be eyeing the homebound rush.

Government to go after taxpayers to boost income

Government to go after taxpayers to boost incomeThe Jakarta Post, JakartaPresident Susilo Bambang Yudhoyono told the tax office on Wednesday to boost tax revenue up to 19 percent of the nation's gross domestic product (GDP) by 2009, from 13.8 percent at the moment.

Rizal Ramli and the Cabinet

Rizal Ramli and the Cabinet Readers would appreciate the timely investigative article by your staff writer, Meidyatama Suryodiningrat on the Jostling and tossing, the making of the Cabinet in your paper dated Oct. 22, 2004.

Removing hurdles

Removing hurdles From Koran TempoPresident Susilo Bambang Yudhoyono and Vice President Jusuf Kalla deserve the congratulations and support of all citizens, not only those who harbor certain interests.I would like to suggest that the salaries of top government executives and officials of public...