Indonesian Political, Business & Finance News

Archive: 11 November 2004

69 articles found

Volvo launches Volvogold service

Volvo launches Volvogold service JAKARTA: Authorized Volvo distributor PT Central Sole Agency recently launched its after-sales service program, Volvogold, which it claimed was the best premium facility in the country. "Volvogold is complete maintenance for five years or 100,000 kilometers (whichever comes first) in addition to the existing one-year international warranty," after-sales general manager Andrew Hartono said.

Day-care centers aid holiday productivity

Day-care centers aid holiday productivity Sari P. Setiogi, The Jakarta Post, Jakarta In a predominantly Muslim country like Indonesia, Idul Fitri always brings joy to extended families. The celebration is always marked by the return of children who live miles away from their hometown, steamed rice cake ketupat, new clothes, gifts and cash rewards for children. But it's not the case for couples who have to let their maids and nannies celebrate their annual holiday in their hometowns.

'It's about being a better person'

'It's about being a better person' Idul Fitri is right around the corner. Many Jakartans have already left for their hometowns, while others prefer to stay in the city and celebrate the holiday here. The Jakarta Post asked residents what Idul Fitri means to them. Marwan, 35, is a public minivan driver. He lives with his wife and son in Kebayoran Lama: Idul Fitri means I have to buy new clothes for my five-year- old son and my wife, and myself if I have any money left.

1. Buyat (50) - 42 pts 7 cols 1line (1x42)

1. Buyat (50) - 42 pts 7 cols 1line (1x42) NGOs urge government to relocate Buyat Bay residents 2. FDI (45) - 48 pts 3cols 2lines (2x18) FDI approvals drop in October: BKPM 3. DPR (40) - 36 pts 4cols 2lines (2x24) House gets into gear with spurt of hearings 4. Child (40) - 32 pts 4cols 1line (1x32) Day-care centers aid holiday productivity --- 5. Photo A 4x12, B 3x9 6. Oddworld

Toll road traffic rule needed

Toll road traffic rule needed From Bisnis Indonesia On Oct. 28, I was entering the Pejompongan toll road gate during peak hours at around 4 p.m. and was blocked by a minibus from Tomang, which was trying to reverse from a slow lane in order to enter the same gate. The bus would not give way and forced itself to back into the toll road (which is not allowed particularly when the road is busy). After a while, the traffic on my right stopped to let me pass.

Power for the people

Power for the people From Media Indonesia The intense struggle between the Nationhood Coalition and the People's Coalition over the leadership of House of Representatives commissions makes me feel distraught. I wonder why legislators are engaged so fiercely in the scramble for power among them. The reason put forward by the People's Coalition to secure its share of power and the argument made by the Nationhood camp to retain its seats are incomprehensible.

Shares end at record high on WB forecast

Shares end at record high on WB forecast Indonesian shares ended at a new record high on Wednesday after the World Bank raised its forecast for Indonesia's gross domestic product growth, dealers said. In its report on East Asia and the Pacific Region released Tuesday, the World Bank said it expects Indonesia's GDP to grow 4.9 percent this year, from 4.5 percent previously, and it expects 5.4 percent GDP growth in 2005, from 5.0 percent previously.

Surabaya Youth Center: Icon of struggle

Surabaya Youth Center: Icon of struggle Indra Harsaputra, The Jakarta Post, Surabaya At about 9 a.m. the traffic in downtown Surabaya was already congested. The Youth Center, where a folk handicraft exhibition was being held, was equally crowded with people. The Youth Center building comprises the Red-and-White building, with the main dome as its centerpiece, the Surabaya Gallery and the Surabaya Arts Foundation building, now being used as the secretariat of the Surabaya Arts Festival.

FDI approvals drop in October: BKPM

FDI approvals drop in October: BKPM Dadan Wijaksana, The Jakarta Post, Jakarta Foreign direct investment (FDI) approvals have declined by 11 percent this year as of October, as compared with the same period in 2003, the latest data from the Coordinating Investment Board (BKPM) showed on Wednesday. FDI approvals in the January-October period fell to US$8.85 billion from $9.94 billion in the same period of last year, the BKPM data indicated.

Riau councillors demand bonuses

Riau councillors demand bonuses Puji Santoso, The Jakarta Post, Pekanbaru Riau councillors, who have been in office for barely two months, have demanded Idul Fitri bonuses, as the annual holiday is only four days away. Senior councillor Chaidir acknowledged on Wednesday that several councillors had spoken to him recently about the bonuses, which had been included in the council budget this year.

Indonesia waives the rules?

Indonesia waives the rules? Everywhere Susilo Bambang Yudhoyono (SBY) goes the skeletons of the past rattle like hell, and they will cause him enormous problems. The tight web of corruption, which has efficiently engulfed all walks of life, has virtually left no one who can say, hand on heart, "I am Mr. Clean". You don't get anything in Indonesia for nothing, and that has been the case for a long while now.

Council lukewarm about incinerator project

Council lukewarm about incinerator project Bambang Nurbianto, The Jakarta Post, Jakarta The City Council approved on Wednesday the city development plan for 2005, with several pending issues including the construction of incineration plants and the use of reserve funds.

Telkom awards Ericsson with broadband contract

Telkom awards Ericsson with broadband contract Leony Aurora, The Jakarta Post, Jakarta Indonesia's largest telecommunications company PT Telkom has awarded Ericsson a contract to provide broadband technology and related services to its customers in Surabaya, East Java. The Swedish-based company will provide an ethernet digital subscriber line access solution, which is able to deliver data, voice and video simultaneously to customers.

National discipline needed

National discipline needed From Warta Kota The newly formed United Indonesia Cabinet has started its move particularly in law enforcement. Cases under the former attorney general will be thoroughly settled, including those offending the public's sense of justice. Smugglers of various commodities will also be brought to trial.

C. Jakarta goes online with loan info

C. Jakarta goes online with loan info JAKARTA: The Central Jakarta administration has posted information about the approval of soft loans in 19 of its 44 subdistrict offices. "The online computerized system should be followed by other municipal administrations as well as the Kepulauan Seribu regency," head of the city's Community Empowerment Board, Edward Rais, was quoted as saying by the city's official news portal Beritajakarta.com on Wednesday.

Tangerang sets new minimum wage

Tangerang sets new minimum wage Multa Fidrus, The Jakarta Post, Tangerang After lengthy debates, both Tangerang regency and municipality administrations agreed on Wednesday to raise the regional minimum wage by Rp 30,000 (US$3.10) from Rp 663,500 to Rp 693,500. "The decision will take effect in January 2005," said head of the municipality manpower agency, Adang Turwana. However, the decision failed to satisfy the workers.

AustralAsia practical shooting gala in Bali

AustralAsia practical shooting gala in Bali This year is a special year for International Practical Shooting Confederation (IPSC) Indonesia, to host two important events: The 28th annual General Assembly of IPSC and the 2004 AustralAsia Shooting Championship.

Haj pilgrimage

Haj pilgrimage From Koran Tempo Minister of Religious Affairs M. Maftuh Basyuni has stressed that the 100-day program of his ministry will be ensuring that the haj pilgrimage program will run properly on track. "No, our program is not eradicating corruption as this is the general program of the government. Our 100-day program is establishing order in this ministry. I have said that haj pilgrimage is not the only problem," said the minister on Oct. 22.

House of Representatives gets into gear with spurt of hearings

House of Representatives gets into gear with spurt of hearings Kurniawan Hari, The Jakarta Post, Jakarta Commissions of the House of Representatives held their first hearings on Wednesday -- nearly a month after it went into session -- seeming to indicate that the House had eased out of the rivalrous deadlock that left it virtually paralyzed.

Merapi National Park gets support

Merapi National Park gets support YOGYAKARTA: Sleman Regent Ibnu Subiyanto said he supported on Wednesday the central government's decision that declared Mount Merapi a national park. The decision was crucial to help increase forestation around Merapi, which was an important water catchment area for Yogyakarta city, said Subiyanto after receiving two officials from the National Ombudsman's Office.

Seasonal maids in high demand

Seasonal maids in high demand Evi Mariani, The Jakarta Post, Jakarta Murtinah A.R., or Tin to her family and friends, is one of many women who see good business during the Idul Fitri holiday. The phones at her domestic help supplying company, Jasa Abadi, has not stopped ringing for the past two weeks. "We have supplied 150 housemaids ... and still we are getting orders," Tin told The Jakarta Post on Wednesday.

One dies as gas kiosk explodes

One dies as gas kiosk explodes MAKASSAR, South Sulawesi: A gasoline-vending kiosk in Makassar exploded on Wednesday morning, killing one person and injuring two others. The accident was believed to have been caused by a motorist buying gasoline, who threw away a lit cigarette near the kiosk, a witness said. Mutiara Daeng Ti'no, 65, who was inside the kiosk was trapped and burned to death, while her husband, Daeng Rasyid, and grandson Hendra were injured after trying in vain to save her.

Medco books higher third quarter profit on oil hike

Medco books higher third quarter profit on oil hike Urip Hudiono, The Jakarta Post, Jakarta Publicly-listed oil and gas company PT Medco Energi Internasional reported a 7 percent rise in its third quarter net profit on Wednesday as compared to the same period last year due to strong oil prices. Net profit increased to US$44.5 million from $41.4 million. Revenues increased by 19 percent to $410.3 million from $345.4 million.

Mandara Spa wins Asia Crystal Awards

Mandara Spa wins Asia Crystal Awards DENPASAR: Bali-based Mandara Spa made a splash at the inaugural Spa Asia Crystal Awards announced in Singapore last Thursday. The company took six Spa Awards including the best Spa Group/Brand category. "Over the past few years, we have been consolidating our business, working hard to build the quality of what we offer and to reinvigorate our brand," said Jeff Matthews, president and chief operating officer of Mandara Spa.

Kijang Innova to be exported to Mideast

Kijang Innova to be exported to Mideast JAKARTA: The latest model of the ever-popular Toyota Kijang Innova multipurpose vehicle (MPV) is ready to be exported to seven Middle East countries sometime next year. PT Toyota Motor Manufacturing Indonesia (TMMIN) vice-president Johnny Darmawan said the company was preparing a special specification for the export. "Quality issues are critical to buyers in these countries," he said.

Homeless people give city a headache

Homeless people give city a headache Damar Harsanto, The Jakarta Post, Jakarta The Jakarta administration said on Wednesday it had locked up 6,943 people in a crackdown on homeless people, beggars, street urchins, sex workers and other members of the city's dispossessed from January to November. During a similar operation last year, the city detained 2,300 people.

JP/5/korup

JP/5/korup Dozens of ex-councillors join list of graft suspects The Jakarta Post Kupang/Makassar/Jayapura Dozens of former councillors have joined an ever-growing list of officials and ex-officials allegedly implicated in corruption cases across the country. East Nusa Tenggara Police said on Wednesday they would soon name all 35 former members of the South Timor Tengah legislative council as suspects in a graft case involving Rp 1.4 billion (US$155,555).

Sang Timur affair exposes government discrimination

Sang Timur affair exposes government discrimination Pandaya, Jakarta In recent years Indonesia has sadly been witnessing a wide variety of religious conflicts that have corroded the glue that keeps this multiethnic, multireligious nation together. Sectarian flare-ups have been occurring throughout the archipelago at higher frequency and magnitude. One major shock came in 1996 with the burning of churches in Situbondo, East Java.

Civil servants given long vacation

Civil servants given long vacation SEMARANG: Civil servants in Central Java could take their Idul Fitri holidays between Nov. 13 and Nov. 21, a senior government official said here on Wednesday. All government employees had to return to their offices by Nov. 22, and those who had no legitimate reason for skipping work that day would be punished, said Agus Utomo, an official from the communication office of the Central Java provincial administration. -- JP

Council to assess T. Abang market

Council to assess T. Abang market JAKARTA: The City Council's Commission B on economy and D on development affairs decided on Wednesday to set up a team to assess the city's plan to renovate the Tanah Abang textile market. "We want to know why traders have persistently rejected the plan," Council speaker Ade Surapriatna said.

Four 'Azahari-linked' suspects freed

Four 'Azahari-linked' suspects freed The Jakarta Post, Jakarta The search for top terrorist suspects Azahari bin Husin and Noordin M. Top appears to have hit a snag, following the release of four men on Wednesday who were seized in an intense dragnet operation, due to lack of evidence. National Police spokesman Insp. Gen.

SMEs receive seal of excellence from UNESCO

SMEs receive seal of excellence from UNESCO Leony Aurora, The Jakarta Post, Jakarta Against a backdrop of a still sluggish export performance this year, recognition by the United Nations for 11 small and medium enterprises for their excellence may serve to give exporters renewed hope.

Hindus and Muslims live in harmony in Serangan

Hindus and Muslims live in harmony in Serangan Anton Muhajir, Contributor, Serangan, Bali One day during Ramadhan several people were breaking the fast at a food stall in front of the Asy-Syuhada Mosque in Serangan, South Denpasar, when two women clad in traditional Balinese outfits with flowers above their ears and grains of rice on their foreheads entered. The women had just prayed at a Hindu temple. They were holding a bamboo container, in which they placed their offerings.

Corporate status for Unair, ITS

Corporate status for Unair, ITS SURABAYA: Minister of National Education Bambang Sudibyo said on Wednesday Airlangga University (Unair) and the Surabaya Institute of Technology (ITS) would be granted corporate status next year. The two Surabaya-based higher education institutes will join six other state universities and institutes that have been granted autonomy, and therefore are allowed to raise funds while at the same time having their government funding cut.

Husband wants to 'put down' wife

Husband wants to 'put down' wife Evi Mariani, The Jakarta Post, Jakarta Hasan Kesuma is continuing the legal battle to euthanatize his wife, but doctors say the woman is beginning to show signs of recovery. Agian Isna Naili, 33, a mother of two who has been hospitalized for almost four months, was in the high-care unit at Cipto Mangunkusumo General Hospital (RSCM) when several reporters visited on Wednesday. She made a sound when a nurse, Enny, told her she had visitors.

Family murdered in Rokan Hilir regency

Family murdered in Rokan Hilir regency PEKANBARU, Riau: Mysterious assailants have stabbed and beaten to death four people from one family in Rokan Hilir, a senior police officer said on Wednesday. The four -- Makmur Sihombing, 35, his wife, Linda Boru Sihombing, 40, and their two sons, Rizal, 5 and Ricardo, 1 -- were found dead on Monday night in their house in the regency.

Court postpones ruling on BPK

Court postpones ruling on BPK JAKARTA: The Constitutional Court postponed for two days on Wednesday the pronouncement of its decision in the controversy over the appointment of new members of the Supreme Audit Agency (BPK), which has pitted the Regional Representatives Council (DPD) against the House of Representatives. Constitutional Court President Jimly Asshidiqie announced that the panel of nine justices had failed to reach a decision in the case.

Amnesty won't prevent future influx of illegals

Amnesty won't prevent future influx of illegals Chow Kum Hor, New Straits Times, Kuala Lumpur The Hari Raya cheer came early for the estimated 1.2 million illegal immigrants in the country, the bulk of whom are Indonesians. Instead of spending Syawal in the firetrap kongsi near construction sites that they inhabit, they can now look forward to celebrating the festival with loved ones at home.

'Recovering Japan means investment comeback for RI'

'Recovering Japan means investment comeback for RI' Following the recovery of the Japanese economy -- cumulatively the largest investor, donor and export destination for Indonesia -- the government will have more top Japanese government officials and businesspeople arriving here to sound out new investment opportunities. Japanese Ambassador Yutaka Iimura talked with The Jakarta Post's Kornelius Purba on Tuesday about the prospects for increased Japanese investment in Indonesia.

Dozens of farmers attack Jambi plantation firm

Dozens of farmers attack Jambi plantation firm Jon Afrizal, The Jakarta Post, Jambi Dozens of farmers in Tungkalulu district, West Tanjungjabung regency, Jambi province, ran amok on Wednesday at an oil palm plantation, destroying several security posts, police said. No injuries or casualties were reported in the incident. The violence was allegedly sparked when a truck carrying fresh palm clusters was seized by police officers.

NU members demand new party

NU members demand new party SURABAYA: The East Java chapter of Nahdlatul Ulama (NU) will propose that the country's largest Muslim organization establish a new political party to accommodate the interests of its members. Chapter chairman Ali Maschan Moesa said on Monday that the demand emerged during a meeting of 45 NU branches across the province late last month, which also discussed the agenda they would raise at the NU congress in Surakarta at the end of November.

Justice for sale

Justice for sale The saga over the massive corruption case at Bank BNI has taken a new turn this week with new allegations of bribery and extortion between the suspects and their investigators. One would have thought that since the return of the prime suspect Adrian Waworuntu, after he had fled abroad, it should have sped up the investigation and brought the case to a close once and for all. Instead, the plot thickens.

Status Dead Injured

Status Dead Injured Military emergency I 396 159 Military emergency II 183 139 Civilian emergency 83 69 TOTAL 662 367 Source: Imparsial/TNI

Diarrhea outbreak hits East Java

Diarrhea outbreak hits East Java Indra Harsaputra, The Jakarta Post, Surabaya An outbreak of a diarrhea disease in various cities in East Java has been attributed to the public's low awareness of the importance of keeping their environment clean, a doctor says. Doctor Eva Ken Sajekti of Mohammad Soewandhie General Hospital in Surabaya said that people's ignorance of basic hygiene standards had contributed to the rising number of patients with a diarrhea disease.

Where to go in Bali for Thursday, November 11, 2004

Where to go in Bali for Thursday, November 11, 2004 .TB.30" 1.0" Exhibitions * Painting by I Ketut Kasib at Bharata Gallery, Jl. Raya Nyuh Kuning, Pengosekan, Ubud, until Nov. 14. * 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. Uluwatu II - Jimbaran, Kuta, until Nov. 25. * Painting by Yasco Kanehira at Alam Kulkul Jl. Pantai Kuta Legian until Jan.

'Film Night' on at Oriental theater

'Film Night' on at Oriental theater DENPASAR: Award-winning filmmaker Jane Walters will resume the Film Night screening program on Jl. Sri Rama, Legian, on Tuesday, Nov. 30 at 9 p.m. Tuesday's program features the documentary film 1001 Kecak Dancers shot on Aug. 16 at the Garuda Wisnu Kencana cultural park, Jimbaran. A graduate from Simon Fraser University, Vancouver, Walters has worked in the film industry on feature films and for television.

Nine people die in road accidents in West Java

Nine people die in road accidents in West Java Nana Rukmana and Theresia Sufa, The Jakarta Post, Cirebon/Bogor Nine people were killed in separate accidents in West Java province on Tuesday and Wednesday as the Idul Fitri holiday draws nearer. The latest accident happened on Wednesday evening when a Toyota Kijang van struck the overpass' crash barrier on the Jl. Kalipanci toll road, some 10 kilometers west of Cirebon city.

NISP set for bond issue in early 2005

NISP set for bond issue in early 2005 JAKARTA: Indonesia's PT Bank NISP said on Wednesday it plans to issue Rp 750 billion (US$83 million) worth of local bonds early next year to strengthen its long-term loan provisions and safeguard its risk management system. "We expect the bond issue will attract investors, given the improving banking sector outlook here after the new government," Bank NISP President Pramukti Surjaudaja told Dow Jones.

'Hero' must be redefined

'Hero' must be redefined M. Taufiqurrahman, The Jakarta Post, Jakarta When Time magazine named Indonesian folk singer and youth idol Iwan Fals as one of Asia's contemporary heroes in 2002 for his defiant take on former president Soeharto's dictatorship, it was apparent that he had redefined the concept of heroism or in the words of Iwan's idol Bob Dylan Times They Are A Changing.

Homeward journeys easier with standby service stations

Homeward journeys easier with standby service stations Novan Iman Santosa, The Jakarta Post, Jakarta As the Idul Fitri holiday looms on Sunday, most Indonesian Muslims are preparing or have already made their annual mudik homeward-bound journeys. It is expected that about 17.6 million people will take part in this year's migration an 11 percent increase on last year's 15.9 million. Most of the travellers, 13.8 million, will travel by land, of which 8.4 million will leave by car or bus.

Astra sees growing revenue in 2005

Astra sees growing revenue in 2005 JAKARTA: PT Astra International, Indonesia's largest car maker, on Wednesday said it expects revenue next year to grow more than 10 percent year-on-year, mostly because of an increase in car and motorcycle sales. "The target of such revenue growth next year is achievable," Astra Finance Director John Slack told reporters. He said the growth of the national car and motorcycle market looks promising next year due to improved consumer purchasing power.

Qaddafi lends a hand to country's poor

Qaddafi lends a hand to country's poor Theresia Sufa, The Jakarta Post, Bogor Seif al-Islam al-Qaddafi, the son of Libyan president Moammar Qaddafi, said on Wednesday that his visit to Indonesia had a social mission: to identify and support a number of local development projects, particularly those with a humanitarian focus. During his two-day visit here, Qaddafi paid a visit to Cilumbung village in Bogor, West Java, to distribute some 5,000 packages of staple foods for the needy.

Composer, freedom fighters declared heroes

Composer, freedom fighters declared heroes Fabiola Desy Unidjaja, The Jakarta Post, Jakarta President Susilo Bambang Yudhoyono declared a composer and five freedom fighters national heroes on Wednesday for their contribution to the country's struggle for independence. In a ceremony marking National Heroes Day, which falls on Nov. 10, Susilo handed official documents over to the descendants of the six to confirm their new status.

Bill deliberation back to square one

Bill deliberation back to square one Kurniawan Hari and Fabiola Desy Unidjaja, The Jakarta Post, Jakarta At least Rp 1.35 billion (US$150,000) in taxpayers money will be wasted as the House of Representatives prepares to deliberate 36 of the 67 bills left over by their predecessors. A member of the House's legislation committee, Zainal Arifin, said on Wednesday the deliberation of the bills would be restarted to give the new lawmakers a chance to convey their views.

Korea Gas delays selection of LNG suppliers to 2005

Korea Gas delays selection of LNG suppliers to 2005 Bloomberg, Beijing/Seoul Korea Gas Corp., the world's biggest liquefied natural gas buyer, will delay choosing suppliers for about US$23 billion worth of the fuel until early next year because of extended talks with producers. Korea Gas, which is negotiating to buy LNG from 2008, had expected to sign initial agreements with potential suppliers at the end of this month.

Fake money destroyed

Fake money destroyed YOGYAKARTA: More than 4,000 bottles of alcoholic drinks, illegal drugs and 300 sheets of counterfeit money were destroyed by Yogyakarta Police and prosecutors in an operation on Wednesday. Drugs, including 136 grams of dry hashish and lexsotan pills, were among items destroyed in a field in the Umbulhardjo area. All the items were evidence from criminal cases that had already been ruled on by judges in the province, Yogyakarta Prosecutor's Office chief Achmadi said. -- JP

Rupiah Rates Nov.10

Rupiah Rates Nov.10 Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 7,238.99 6,476.83 6,893.37 6,822.31 Brunei dollar 1 5,765.28 5,157.51 5,490.02 5,432.61 Canadian dollar 1 7,953.60 7,117.23 7,573.86 7,496.87 Swiss franc 1 8,055.11 7,206.83 7,670.53 7,591.25 Danish krone 1 1,654.92 1,480.21 1,575.90 1,559.16 Euro 1 12,295.61 11,001.99 11,708.57 11,588.85 Poundsterling 1 17,687.68 15,827.42 16,843.20 16,671.67 Hong Kong dollar 1 1,225.63 1,096.95 1,167.11 1,155.46...

Traditional art highlights HIV/AIDS campaign

Traditional art highlights HIV/AIDS campaign Luh De Suriyani, Contributor, Karangasem, Bali 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. For a moment, it was silent. Then, 11 bare-chested men appeared onstage, six of whom were more than 60 years old.

Govt asked to revive inclusive dialog in Aceh

Govt asked to revive inclusive dialog in Aceh Tiarma Siboro and Adianto P. Simamora, The Jakarta Post, Jakarta As the Nov. 19 deadline for the end of the civil emergency draws near in the troubled province of Aceh, the new government is urged to return to an inclusive dialog with all representatives of the people.

More councillors named graft suspects

More councillors named graft suspects The Jakarta Post, Kupang/Makassar/Jayapura Dozens of former councillors have joined an ever-growing list of officials and ex-officials allegedly implicated in corruption cases across the country. East Nusa Tenggara Police said on Wednesday they would soon name all 35 former members of the South Timor Tengah legislative council as suspects in a graft case involving Rp 1.4 billion (US$155,555).

High-tech machines for high-quality products

High-tech machines for high-quality products The Jakarta Post, Jakarta All automakers want to give their customers the best quality they can afford and nowadays that can only be achieved by using the latest technology and modern equipment, which means robots. Robots can create good quality products and can work long hours in environments dangerous to humans, reducing the costs and risks for human workers.

Oil, gas firms to increase investment next year

Oil, gas firms to increase investment next year The Jakarta Post, Jakarta Two oil and gas firms plan to make new investments next year in what seems to be a positive development in the country's oil and gas sector, which has seen output declining due to a lack of investment. PT Caltex Pacific Indonesia (CPI), the local unit of U.S.- based oil and gas giant ChevronTexaco Corp., said on Wednesday it planned to spend as much as US$300 million next year to develop new oil fields in the country.

1. BILL (1 x 30)

1. BILL (1 x 30) Bill debates back to square one 2. HERO (3 X 24) 'Hero' must be redefined to reflect changing times, conditions: Historians 3. TEROR (1 X 32) Four 'Azahari-linked' suspects freed 4. KADAFI (1 X 35) Qaddafi lends a hand to country's poor 5. TKI (1 X 40) Govt mulls inter-departmental TKI body

Abilio to continue judicial process

Abilio to continue judicial process JAKARTA: Former East Timor governor Abilio Soares vowed on Wednesday to continue his challenge against the retroactive application of the rights tribunal law despite his acquittal of all charges arising out the 1999 atrocities in the former Indonesian province. "There are many people who, like me, are implicated in the case," he told reporters after a hearing at the Supreme Court.

Govt mulls inter-departmental body for workers

Govt mulls inter-departmental body for workers Muninggar Sri Saraswati, The Jakarta Post, Jakarta The government is planning to set up an inter-departmental body to handle the settlement and protection of migrant workers and to overcome problems faced by the country's migrant workers. The national body, whose members consist of officials from several departments, will take over the duties of a similar body currently under the manpower and transmigration ministry.

1. DISCOURSE: 1 LINE, 49 COUNTS

1. DISCOURSE: 1 LINE, 49 COUNTS 'Recovering Japan means investment comeback for RI' 2. CHINA: 3 LINES, 10 COUNTS Suspected Chinese nuke sub puts Japan on alert 3. NIGER: 4 LINES, 10 COUNTS Nigerian court frees woman from stoning 4. BUSH: 1 LINE, 32 COUNTS Ashcroft, Evans quit Bush govt 5. IRAQ: 1 LINE, 32 COUNTS U.S. forces take 70% of Falluja

Students benefit from liberalization

Students benefit from liberalization I am writing in regard to an article published in The Jakarta Post on Oct. 27 entitled Govt committed to liberalizing education sector. In the article, Rector Sofian claims that the inclusion of the education sector in current World Trade Organization (WTO)--General Agreement on Trade in Services (GATS) talks is a maneuver by the United States and Australia to obtain greater business opportunities in developing countries.

FIF to offer Rp 1t in bonds in January

FIF to offer Rp 1t in bonds in January JAKARTA: Indonesia's PT Federal International Finance, or FIF, said on Wednesday it will offer in early January Rp 1 trillion (US$110 million) worth of bonds with maturities ranging from one to three years. The motorbike financing unit of Indonesian automotive company, PT Astra International, said in a preliminary prospectus it will use the bond proceeds for loans it will offer to buyers of Honda motorbikes.

500 workers to clean up downtown

500 workers to clean up downtown JAKARTA: Around 500 workers of the Central Jakarta municipality would be deployed to clean up garbage on the streets during the parade on the eve of Idul Fitri. It is tradition on the eve of Idul Fitri, which falls on Nov. 14 and Nov. 15, Jakartans praise Allah in street parades, and end up at the National Monument (Monas) in Central Jakarta.