Indonesian Political, Business & Finance News

Archive: 5 November 2004

78 articles found

Situation tense in Donggala after clash

Situation tense in Donggala after clash DONGGALA, Central Sulawesi: The situation in Sidondo subdistrict, Donggala regency, was still tense on Thursday, one day after an ethnic clash that killed two people.

Corporate bond issues to decline next year: SSX

Corporate bond issues to decline next year: SSXRendi A. Witular, The Jakarta Post/Jakarta The Surabaya Stock Exchange (SSX) sees declining corporate bond issues next year as companies started to turn their attention to the surging stock market to raise funds, and on concerns over upward pressure on...

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Man jailed for 20 years for BNI fraud 2. 2 x 14 Abilio gets review, is acquitted or Abilio acquitted after case review 3. 1 x 32 KPK to publish ministers' wealth 4. 2 x 18 Officials 'lying' about returning workers 5. 1 x 33 DPD wants Autonomy Law amended

Govt congratulates Bush, expects stronger ties

Govt congratulates Bush, expects stronger tiesFabiola Desy Unidjaja and M. Taufiqurrahman The Jakarta Post/JakartaThe government congratulated President George W. Bush on Thursday over his reelection and expressed a hope for stronger ties with the world's only superpower country.

Govt rakes in Rp 1.74t from Danamon sale

Govt rakes in Rp 1.74t from Danamon saleDadan Wijaksana, The Jakarta Post/Jakarta The government raised Rp 1.74 trillion (US$187 million) in cash on Thursday from the sale of a 10 percent stake in Bank Danamon, the Ministry of Finance's asset management company PPA said.

Ba'asyir dismisses bombing charges as 'joke'

Ba'asyir dismisses bombing charges as 'joke'Sari P. Setiogi, The Jakarta Post/Jakarta The elderly Muslim cleric who is on trial for the bombings in Bali and at the JW Mariott Hotel in Jakarta, Abu Bakar Ba'asyir, mocked the court on Thursday and challenged it to pile on the charges.

Govt to replace BRI, BTN management

Govt to replace BRI, BTN managementRendi A. Witular, The Jakarta Post/Jakarta The government plans to reshuffle the top management of state- owned Bank Rakyat Indonesia (BRI) and Bank Tabungan Negara (BTN) in the very near future to help improve the banks' performance, a senior government official...

RI will not use electronic voting machines: KPU

RI will not use electronic voting machines: KPUVeeramalla Anjaiah, The Jakarta Post/ Jakarta Indonesia -- the third largest democratic nation in the world -- will not use electronic voting machines in the near future, as the machines are costly and not suited to the situation here, the General...

Navy sailor shot dead in tragic accident

Navy sailor shot dead in tragic accident MATARAM, West Nusa Tenggara: A Navy sailor was accidentally shot dead on Thursday while he and his fellow sailors were pursuing a fishing boat in the Sape Strait near Banta Island, West Nusa Tenggara province.Sgt. Maj.

Euthanasia ruling expected Friday

Euthanasia ruling expected Friday JAKARTA: The Central Jakarta District Court is slated to make public its decision on the legality of euthanasia based on an appeal by Bogor resident Hasan Kesuma, whose wife Agian Isna Naili has been in coma for more than three months.

1. Discourse - 1x50

1. Discourse - 1x50 It's easy to make speeches, but implementation is the real test2. DEFEAT ------- 2 X 24 Kerry too aloof, leftist to beat Bush, say experts 3. ASIA ------ 2x25 Asia gives mixed reactions to President Bush victory 4. REACTION ---- 1 X 36 World leaders take stock of Bush victory 5.

Police see links in child kidnapping cases

Police see links in child kidnapping casesEvi Mariani, The Jakarta Post/Jakarta With one kidnap victim still unaccounted for, city police said the latest two child kidnapping cases in Kelapa Gading and Depok were committed by the same syndicate.

TV Today: Friday, November 5, 2004

TV Today: Friday, November 5, 2004 .TB.30" .90"TVRI .tb .30" .90" 3:30 a.m. Variety Show: Sahur4:30 Religious Teachings5:30 Koran Reading: Iqra6:00 News: Berita Pagi7:00 Children Show7:30 Health8:30 Music: Asik-Asik 10:30 Religious Teachings1:00 p.m.

China's shuttlers to join Indonesia Open

China's shuttlers to join Indonesia OpenEva C. Komandjaja, The Jakarta Post/Jakarta China has confirmed its participation in the US$170,000 Indonesia Open badminton championship next month, while defending champion Taufik Hidayat expects a tough challenge from opponents.

AGO could employ ex-prosecutors

AGO could employ ex-prosecutors MEDAN, North Sumatra: The Attorney General's Office is considering appointing several former prosecutors to sit on the planned prosecutors commission, an official said."There is an idea to involve those people who once served as attorney generals, or former...

Corrupters arrive on Nusakambangan

Corrupters arrive on NusakambanganPande Lubis (photo: wearing a cap and carrying a bag), a former deputy of the now-defunct Indonesian Bank Restructuring Agency (IBRA), disembarks from a ship arriving on Nusakambangan island in Cilacap regency, Central Java.

Jakarta minimum wage to increase by 6 percent

Jakarta minimum wage to increase by 6 percentDamar Harsanto, The Jakarta Post/Jakarta Jakarta's provincial minimum wage increase is likely to be approved at 6 percent, a wage of Rp 711,843 (US$78.23), after the provincial wage council voted at a meeting on Thursday, minus all seven members of the...

Astra Agro to plant new palm trees

Astra Agro to plant new palm treesThe Jakarta Post, Jakarta With third quarter profits more than double the same period last year, crude palm oil (CPO) producer PT Astra Agro Lestari (AALI) is confident about its plans next year of intensifying its plantations to further boost production.

City to double health spending

City to double health spendingBambang Nurbianto, The Jakarta Post/Jakarta The City Health Agency has proposed Rp 100 billion (US$10.99 million) be spent on a health care card scheme for poor families in 2005, more than twice the amount in this year's city budget.

Yogyakarta students undergo urine tests

Yogyakarta students undergo urine tests YOGYAKARTA: Some 2,000 senior high school students in Yogyakarta underwent urine tests on Thursday as part of the city's drive against drugs. The students were picked randomly from 50 senior high schools across Yogyakarta.

Where to go in Jakarta: Friday, November 5, 2004

Where to go in Jakarta: Friday, November 5, 2004Exhibitions* Painting Story Along the Street, by Totok BS, Gallery Linggar, Jl. Kemang Timur No. 36, South Jakarta (Tel. 71790008), 9 a.m. to 5 p.m., until Nov. 6.

Indonesia congratulates Bush, expects stronger ties

Indonesia congratulates Bush, expects stronger tiesFabiola Desy Unidjaja and M. Taufiqurrahman The Jakarta Post/JakartaThe government congratulated President George W. Bush on Thursday over his reelection and expressed a hope for stronger ties with the world's only superpower country.

RI the world's top pirates 'playground': Watchdog

RI the world's top pirates 'playground': WatchdogAgence France-Presse, Kuala Lumpur Indonesia was the most dangerous country in the world for seafarers during the first nine months of this year, an international piracy watchdog said on Thursday.

Man jailed for 20 years for BNI fraud

Man jailed for 20 years for BNI fraudThe Jakarta Post, Jakarta Businessman John Hamenda, a defendant in the Rp 1.7 trillion (US$186.81 million) Bank Negara Indonesia (BNI) scandal, was sentenced TO 20 years and fined Rp 1 billion on Thursday.

Full-year inflation not to exceed 6.2%: BI

Full-year inflation not to exceed 6.2%: BIThe Jakarta Post, Jakarta Amid rising inflationary pressure ahead of the year-end religious festivities, the central bank still expects full-year inflation will not exceed 6.2 percent, Bank Indonesia governor Burhanuddin Abdullah said on Thursday.

RI seeks WTO rules governing services sector liberalizing

RI seeks WTO rules governing services sector liberalizingZakki P. Hakim The Jakarta Post/Jakarta Indonesia along with other developing countries will continue to push for World Trade Organization rules to govern the liberalization of the services sector, particularly as regards the establishment of...

2 x 28

2 x 28 Landslide hits Jambi, leaves 1 person dead, another missing JP/5/KORUP3 x 13 Two activists quizzed over graft comments JP/5/BAHOROK1 x 44 A year of grief for Bahorok flood victims JP/5/papua2 x 10 President wants MRP set up soon

Indonesia asks tough questions about deaths of Thai Muslims

Indonesia asks tough questions about deaths of Thai MuslimsPennapa Hongthong, The Nation, Asia News Network, Bangkok "What happened in your country?" "How could your government conduct this kind of violence against Muslims?" "Why have two incidents of violence against Muslims occurred in the South...

China, ASEAN trade to top $100b

China, ASEAN trade to top $100bAgence France-Presse Beijing Trade between China and the 10 ASEAN nations should surpass US$100 billion this year, said Chinese Vice Premier Wu Yi while calling for the fast tracking of a proposed free trade area (FTA).

RI hopes for better relations with U.S.

RI hopes for better relations with U.S.Fabiola Desy Unidjaja and M. Taufiqurrahman, The Jakarta Post/Jakarta The government congratulated President George W. Bush on Thursday over his reelection and expressed a hope for stronger ties with the world's only superpower country.

Abilio acquitted of rights crime

Abilio acquitted of rights crimeMuninggar Sri Saraswati The Jakarta Post/JakartaThe Supreme Court acquited former East Timor governor Abilio Soares following a case review on Thursday.Abilio, who was charged with involvement in the 1999 atrocities in East Timor, had served less than four months of...

Removing hurdles

Removing hurdlesFrom 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...

Govt set to announce Buyat inquiry result

Govt set to announce Buyat inquiry result JAKARTA: A government-sanctioned team mandated to probe possible metal contamination in Buyat Bay, North Sulawesi, is expected to announce the result of its investigation next week, an official said.

RI urged to ratify mine ban treaty

RI urged to ratify mine ban treaty JAKARTA: Indonesia should quickly ratify the International Mine Ban Treaty to show Indonesian was serious about stopping the use of dangerous landmines in Southeast Asia, a coalition of foreign and local non-government organizations said on Thursday.

Abilio acquitted after case review

Abilio acquitted after case reviewMuninggar Sri Saraswati, The Jakarta Post/Jakarta The Supreme Court acquited former East Timor governor Abilio Soares following a case review on Thursday.Abilio, who was charged with involvement in the 1999 atrocities in East Timor, had served less than four months...

Landslide hits Jambi, leaves 1 person dead, another missing

Landslide hits Jambi, leaves 1 person dead, another missingJon Afrizal, The Jakarta Post/Jambi A landslide hit Talang Lindung subdistrict in Kerinci, here on Wednesday night, leaving one resident dead, another missing and three others severely injured.

Cooperation with the EU

Cooperation with the EU In my article Enhancing cooperation between Indonesia and the EU in The Jakarta Post's Oct. 30 edition, page seven, paragraph four reads: "In terms of combating terrorism, Indonesia shows willingness to cooperate with individual countries of the EU, but not under the...

Madurese bull racing a lucrative tradition

Madurese bull racing a lucrative traditionIndra Harsaputra, The Jakarta Post/Pamekasan, Madura "I was not disappointed about losing in the semi-final. We don't care how much money we have spent as the most important thing is that bull racing survives," said one of the participants, Atlah Hadianto...

Two activists quizzed over graft criticism

Two activists quizzed over graft criticismNani Afrida, The Jakarta Post/Banda Aceh Two anticorruption activists in Aceh were grilled on Tuesday by local authorities, two days after they made harsh comments over the allegedly rampant corruption in the war-torn province.

Repatriation of 'illegal' RI workers

Repatriation of 'illegal' RI workersWahyu Susilo, Jakarta About 160,000 Indonesian illegal migrant workers will return home under an amnesty scheme provided by the Malaysian government, which has set a repatriation deadline of Nov. 14.

World leaders take stock of Bush victory

World leaders take stock of Bush victoryAgencies, Paris/JakartaWorld leaders took stock on Thursday of what four more years of George W. Bush in the White House will bring, with many hoping the president will vigorously pursue the war on terror and boost the Middle East peace process.

'I'll save some of my salary for the new baby'

'I'll save some of my salary for the new baby' The government requires employers to pay at least one holiday bonus, or the equivalent of an extra month's salary, to workers. The Jakarta Post asked some residents about how they will spend this extra money.

A year of grief for Bahorok flood victims

A year of grief for Bahorok flood victimsApriadi Gunawan, The Jakarta Post/Medan Adi has been living in a shelter with 350 families in the compound of Bukit Lawang public bus terminal since the Bahorok flood last year.

* The charges are a joke: Ba'asyir Page 2

* The charges are a joke: Ba'asyir Page 2 * Man jailed for 20 years for BNI fraud Page 4 * Landslide hits Jambi, leaves 1 person dead Page 5 * Repatriation of 'illegal' RI workers Page 7 * City to double health spending Page 8 * Juventus and Lyon qualify for KO phase Page 10 * Annan says strong...

Bogus newsmen seek Idul Fitri bonuses

Bogus newsmen seek Idul Fitri bonuses SEMARANG: A government official claimed on Thursday that an increasing number of bogus journalists visited many government offices in Semarang, asking officials to pay then Idul Fitri bonuses.

Two apprehended for circulating fake money

Two apprehended for circulating fake money CIREBON, West Java: Cirebon Police arrested on Thursday two men -- Rosidin, 28 and Slamet, 31 -- for allegedly circulating counterfeit money in the Cirebon and Bandung areas.

Tanah Abang vendors to be relocated

Tanah Abang vendors to be relocatedBambang Nurbianto, The Jakarta Post/Jakarta City-run market operator PD Pasar Jaya will relocate about 2,000 street vendors on Jl. Kebon Jati, located next to Tanah Abang textile market, Central Jakarta, starting on Nov. 14, the day before Idul Fitri.

It's easier to make speeches, but implementation is the real test.

It's easier to make speeches, but implementation is the real test. Last week, the World Bank, launched the World Development Report 2005: A Better Investment Climate for Everyone, which highlights barriers to creating a conducive business climate, based on a worldwide survey of some 30,000 firms...

Australia to seek clemency in drug case

Australia to seek clemency in drug caseAUSTRALIA: Australia would seek clemency if an Australian woman facing drugs trafficking charges in Indonesia's tourist island of Bali should be sentenced to death, Foreign Minister Alexander Downer said on Thursday.

Enough of democratizing, time for institutionalizing

Enough of democratizing, time for institutionalizingJames Van Zorge, Jakarta Over the coming months and years, Indonesians and those who govern should come to the realization that the office of the presidency and the men and women who occupy it -- foremost the President -- needs to be given greater...

1. Election (60) - 60 pts 4cols 1line (1x22)

1. Election (60) - 60 pts 4cols 1line (1x22) Bush to focus on tax and Iraq 2. House (50) - 36 pts 2cols 2lines (2x14)House factions meet to resolve conflict 3. Bush (35) - 32 pts 1cols 3lines (3x10)RI hopes for better ties with U.S.4.

Gymnasts hope to keep up with their studies

Gymnasts hope to keep up with their studiesMoch. N. Kurniawan, The Jakarta Post, Jakarta While being enthusiastic about their planned trip to Romania for a two-year training program, Indonesia's young gymnasts hope that their academic activities will not be hampered.

Rupiah Rates Nov.4

Rupiah Rates Nov.4 Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 7,270.08 6,508.48 6,926.27 6,852.07 Brunei dollar 1 5,773.74 5,169.20 5,500.69 5,442.09 Canadian dollar 1 7,963.50 7,128.06 7,586.89 7,504.35 Swiss franc 1 8,049.64 7,207.51 7,668.96 7,588.

Howard told not to have ties with RI military

Howard told not to have ties with RI militaryReuters, CanberraThe Australian government should not make any move to strengthen military ties with Indonesia's elite Kopassus special forces on Thursday, an Australian think tank said on Thursday.

RI seeks WTO rules governing services sector

RI seeks WTO rules governing services sectorZakki P. Hakim, The Jakarta Post/Jakarta Indonesia along with other developing countries will continue to push for World Trade Organization rules to govern the liberalization of the services sector, particularly as regards the establishment of safeguard...

Indonesia the world's top pirates' playground: watchdog

Indonesia the world's top pirates' playground: watchdog Agence France-Presse Kuala Lumpur Indonesia was the most dangerous country in the world for seafarers during the first nine months of this year, an international piracy watchdog said on Thursday.

PM Lee to visit Susilo Monday

PM Lee to visit Susilo Monday JAKARTA: Singapore Prime Minister Lee Hsien Loong is scheduled to begin his two-day working visit to Indonesia on Monday, when he will hold bilateral talks with President Susilo Bambang Yudhoyono.

James Van Zorge

James Van Zorge Jakarta2. Nation -- Indonesia asks tough questions about Tak Bai 2 x 30 Indonesia asks tough questions about deaths of Thai Muslims Pennapa Hongthong The Nation Asia News Network Bangkok

1. TNI: 4 LINES, 10 COUNTS

1. TNI: 4 LINES, 10 COUNTS TNI chief issue widens Susilo-House divide 2. BAASYIR: 3 LINES, 16 COUNTS Ba'asyir dismisses bombing charges as 'joke' 3. MUDIK: 2 LINES, 21 COUNTS Traffic arrangements to shorten trip home 4. UMP: 2 LINES, 16 COUNTS Jakarta minimum wage to increase by 6 percent

President wants MRP set up soon

President wants MRP set up soonFabiola Desy Unidjaja, The Jakarta Post/Jakarta President Susilo Bambang Yudhoyono ordered on Thursday the immediate establishment of a long-awaited Papuan People's Council (MRP) as required by the special autonomy law for Papua province.

Govt to write off bad loans owed by SMEs

Govt to write off bad loans owed by SMEsRendi A. Witular, The Jakarta Post/Jakarta The Ministry of Finance is preparing a government regulation that will enable state-owned banks to write off bad loans owed by small-and-medium enterprises (SMEs) in an effort to accelerate the recovery of their...

House factions meet to resolve conflict

House factions meet to resolve conflictKurniawan Hari, The Jakarta Post/Jakarta After a week-long deadlock, the bickering factions in the House of Representatives met for the first time for a consultation meeting facilitated by House Speaker Agung Laksono on Thursday.

TNI chief issue widens Susilo-House divide

TNI chief issue widens Susilo-House divideFabiola Desy Unidjaja and Kurniawan Hari, The Jakarta Post/Jakarta President Susilo Bambang Yudhoyono banned Army Chief of Staff Gen. Ryamizard Ryacudu on Thursday from responding to a House invitation to a selection hearing for the post of Indonesian...

Officials 'lying' about returning workers

Officials 'lying' about returning workersThe Jakarta Post, Jakarta A hearing at the South Sulawesi provincial legislature about the handling of illegal migrant workers returning from Malaysia turned ugly on Thursday, with councillors accusing government officials of lying.

Police chief warned over rare animals

Police chief warned over rare animalshe Jakarta Post, Jakarta The Animal Advocacy Institution (LASA) sent a warning letter on Thursday to Jakarta Police chief Insp. Gen. Firman Gani over the presence of caged endangered animals on police grounds.

JP/5/caption

JP/5/captionAntaraPROTEST FOR BONUSES: Dozens of student and labor activists stage a rally at the Surabaya legislative council building, East Java, to demand that all companies pay their workers Idul Fitri bonuses. The protesters urged authorities to prosecute firms that failed to do so.

DPD wants Autonomy Law amended

DPD wants Autonomy Law amendedM. Taufiqurrahman, The Jakarta Post/Jakarta The Regional Representatives Council (DPD) demanded on Thursday that Law No. 34/2004 on regional administrations be amended to allow direct elections for governors and regents.

Kemang to host art exhibition

Kemang to host art exhibition JAKARTA: A group of international and local artists will display their works in rahAsia ARTinesia EXHIBITed at the Jakarta International Community Center & Essence complex in Kemang, South Jakarta. The three-week exhibition will open to the public from Nov. 8 until Nov.

KPK to publish ministers' wealth

KPK to publish ministers' wealthFabiola Desy Unidjaja, The Jakarta Post/Jakarta President Susilo Bambang Yudhoyono has allowed the Corruption Eradication Commission (KPK) to publicly announce the wealth reports of his Cabinet members.

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.

10 districts prone to drug trafficking, BNP says

10 districts prone to drug trafficking, BNP saysDamar Harsanto, The Jakarta Post/Jakarta The Provincial Narcotics Agency (BNP) of Jakarta announced on Thursday that 10 of the capital's 47 districts were prone to drug trafficking.

Flowers survive amid thrash

Flowers survive amid thrashTheresia Sufa, The Jakarta Post/Bogor The beauty of Bulltongue Arrowhead (Sagittaria Lancifolia), a perennial herb with lance-shaped leaves and white flowers with three petals, which is commonly found in Florida and Puerto Rico, has attracted many visitors to the Bogor...

Tokyo, KL continue free trade talks

Tokyo, KL continue free trade talks TOKYO: Japan and Malaysia on Thursday began three days of talks in a sixth round of negotiations on a free trade agreement (FTA)."We are hoping to reach an agreement by the end of this year but we still have to narrow differences over automobile exports and...

Traffic arrangements to shorten trip home

Traffic arrangements to shorten trip homeWahyuana and Evi Mariani, The Jakarta Post/Bekasi/Jakarta Agus Mahmud had planned to spend seven hours on the Jakarta- Cikampek toll road, and 20 hours in total, most of it in heavy traffic, to reach his hometown Yogyakarta for Idul Fitri on Nov. 14 and Nov.

Close gambling places

Close gambling placesFrom 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, West...

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Repatriation of 'illegal' RI workers Wahyu Susilo Jakarta2. Dyer -- Bin Laden speaks (But not the truth) 2 X 21 Bin Laden speaks, but not the truth Gwynne Dyer London3. Asahi -- Race against time in quake-hit 'snow country' 1 x 30 note: the quake-hit area is often referred to as 'Snow Country' in...

Acehnese want peace

Acehnese want peace The country has been through an enormous political transformation in the last few weeks. On Oct. 20, a new president was sworn in and, on Oct. 1, a new batch of House members were installed.

JP/1/corrupt

JP/1/corruptCorrupters join Tommy in NusakambanganPande Lubis (photo: wearing a cap and carrying a bag), a former deputy of the now-defunct Indonesian Bank Restructuring Agency (IBRA), disembarks from a ship arriving on Nusakambangan island in Cilacap regency, Central Java.