Indonesian Political, Business & Finance News

Archive: 10 December 2004

68 articles found

Defending champs head to Final 4

Defending champs head to Final 4 JAKARTA: Reigning champions STIE Perbanas will open their defense of the college basketball championship against Padjadjaran University in the men's division and against Gadjah Mada University in the women's as the University Basketball League (Libama) will enter...

Rupiah Rates Dec.9

Rupiah Rates Dec.9 Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 7,333.36 6,573.25 6,989.45 6,917.02 Brunei dollar 1 5,886.18 5,276.56 5,610.14 5,552.52 Canadian dollar 1 7,948.28 7,123.75 7,575.53 7,496.31 Swiss franc 1 8,418.99 7,545.42 8,024.18 7,940.

Patrick Guntensperger

Patrick Guntensperger Jakarta2. Todung -- Developments in International arbitration in Indonesia 1 x 30 Int'l arbitration developments in RI Todung Mulya Lubis and Maurice Burke Jakarta

'Child traffickers most active in Batam'

'Child traffickers most active in Batam' INDRAMAYU, West Java: A woman activist disclosed on Thursday that child traffickers are operating in at least 10 regions of Indonesia. Some areas are located near the Malaysian and Indonesian border, with Batam city tipped as the area with the highest...

[b]...parties are often left with no alternative but to litigate

...parties are often left with no alternative but to litigate in Indonesian courts, despite the arbitration clauses in their contracts.

Intel, Adira Finance push cheap personal computers

Intel, Adira Finance push cheap personal computersLeony Aurora, The Jakarta Post/Jakarta For white collar workers in Jakarta, using computers may be as common an activity as eating. But go to the countryside, and such "smart machines" will either be unheard of, unfamiliar, or an unattainable luxury.

Fuel hike to cause less impact to the poor: Govt

Fuel hike to cause less impact to the poor: GovtUrip Hudiono, The Jakarta Post/Jakarta The government is working out a progressive scheme to minimize the impact of a fuel price hike on the poor next year, a senior economics minister says.

Heritage buffs team up to give new face to Kota

Heritage buffs team up to give new face to KotaDamar Harsanto The Jakarta Post/JakartaWinda Malika Siregar, 25, no longer invites her friends to visit old buildings in downtown Kota, after most of them have bluntly refused the idea.

Pirates rounded up in Dumai

Pirates rounded up in DumaiPuji Santoso, The Jakarta Post/Dumai After 17 days on the run, a gang of pirates was finally apprehended on Wednesday. Dumai water police chief Insp. Ansori, said the pirates had plundered the Jackson cargo ship on Nov. 19, which was docked in Dumai port, Riau.

Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec.9, 2004

Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec.9, 2004 ____________________________________________________________________________ Shares Close Change Trading Volume _____________________________________________________________________________ Abdi Bangsa Tbk 225 0 0 Ades Alfindo...

On this page in Thursday's edition, the credit for the top photo

On this page in Thursday's edition, the credit for the top photo should be AP, not JP. And in the photo caption below we wrongly identify the people talking to first lady Kristiani Susilo Bambang Yudhoyono as Canadian participants.

World War II bomb found in Lombok

World War II bomb found in Lombok MATARAM, West Nusa Tenggara: A rocket-shaped bomb, probably left behind after World War II, was discovered on Thursday in Marde subdistrict, Central Lombok. Bahar, 30, a Marde resident, found the bomb while he was fishing in Tiwu Bara river.

Deaf people want to be heard

Deaf people want to be heardSari P. Setiogi, The Jakarta Post/Jakarta For a deaf person like Aletta (not her real name), leading a full life has not been an option. Until two years ago, Aletta, 32, was still unemployed. Back then, she said, life was difficult.

Humane rights

Humane rights We should count ourselves blessed that we live in an age where human rights are part of our daily vernacular. In both substance and speech Indonesians have succeeded in breaking the chains of authoritarianism and can now freely execute their political rights, by speaking out against...

KPK to probe SMP 56 swap deal

KPK to probe SMP 56 swap deal JAKARTA: The Corruption Eradication Commission (KPK) has formed a team to investigate a corruption allegation in a land swap deal involving junior high school SMP 56 in Melawai, South Jakarta.

Susilo declares war on corruption

Susilo declares war on corruptionFabiola Desy Unidjaja, The Jakarta Post/Jakarta President Susilo Bambang Yudhoyono declared a national action plan against corruption on Thursday, urging all state officials to avoid family businesses and to ensure transparency in all state affairs.

Eddy proposes his suspension

Eddy proposes his suspension MAKASSAR, South Sulawesi: High-profile councillor Eddy Baramuli has officially filed a request with the South Sulawesi council head, asking to be suspended. Eddy, who was accused of involvement in a Rp 18.

1. RIGHTS: 2 X 16

1. RIGHTS: 2 X 16Rights body rues lack of support 2. BATAVIA: 1 X 36Heritage lovers give new face to Kota3. ACEH: 3 X 16Soldier gets 10 years jail for killing spree4. TUTUT: 3 X 18Court orders release of files in Britain- Indonesia arms probe5. SUSUL: 1 X 27City gives out tourism awards

E. Kalimantang governor latest to be reported for corruption

E. Kalimantang governor latest to be reported for corruptionRusman and Nana Rukmana, The Jakarta Post/Samarinda/Cirebon East Kalimantan Governor Suwarna A.F. was reported on Thursday to the provincial prosecutor's office for his alleged involvement in two separate graft cases.

China rejects Japan's allegations

China rejects Japan's allegations CHINA: China rejected on Thursday a Japanese claim that one of its research vessels was conducting a scientific survey in Japan's territorial waters, saying the ship was operating in international waters.

1. COMMEMO: 1 LINE, 48 COUNTS

1. COMMEMO: 1 LINE, 48 COUNTSPresident Susilo declares war on corruption 2. CORRUPT: 4 LINES, 10 COUNTS DPR, parties most corrupt institutions: TI report 3. TAX: 3 LINES, 14 COUNTSCorruption rampant at tax office 4. INTEL: 1 LINE, 32 COUNTS Intel pushes cheap computers

Bombs explode in southern Thailand

Bombs explode in southern Thailand THAILAND: Three bombs exploded on Thursday on train tracks in Thailand's troubled southern provinces, halting train service in the area, officials said.The bombs exploded about the same time on tracks in Songkhla, Pattani and Yala provinces, causing no injuries.

Export zones havens of exploitation for workers

Export zones havens of exploitation for workersRebecca Frasquet, Agence France-Presse, Miyazaki, Japan Embraced by governments hungry for the cash of multinational firms, the world's growing number of special export zones are havens of exploitation for millions of workers, union leaders say.

Labor exporters skeptical of amnesty extension

Labor exporters skeptical of amnesty extensionRidwan Max Sijabat , The Jakarta Post/Jakarta Malaysia's decision to extend the amnesty for Indonesian illegals to Dec. 31 will not be effective in encouraging them to return home if the neighboring country fails to take action against employers who...

Less farewells for president

Less farewells for presidentFrom Koran TempoFor years, Indonesia's President has always been seen off by the vice president, ministers, the police chief, military commander, governors and other high-ranking officials when going abroad.

Kipar pays homage to batik by adorning it

Kipar pays homage to batik by adorning itHera Diani, The Jakarta Post/Jakarta If you draw a parallel between the work of German-born textile artist Annemarie Kipar and the music scene, hers is like a record filled entirely with remakes of old songs.

Govt eyes higher growth, more job-creation

Govt eyes higher growth, more job-creationDadan Wijaksana, The Jakarta Post/Jakarta More jobs will be available next year if the new government can reach its new target for economic growth, 5.5 percent, the fastest pace since the crisis.

Government slaps anti-dumping duty on uncoated paper products

Government slaps anti-dumping duty on uncoated paper productsZakki P. Hakim, The Jakarta Post/Jakarta The government has imposed additional duties on uncoated writing and printing paper products imported from Finland, South Korea, Malaysia and India after investigations indicated that the four...

Revolution is right on streets, General Sutiyoso

Revolution is right on streets, General SutiyosoDamar Harsanto The Jakarta Post/JakartaWhen one looks at the evolution of Jakarta one cannot go past Governor Ali Sadikin who was once dubbed the city's "father of development".For many, Ali's reign over the city was controversial as it was successful.

Heritage buffs hope to re-energize Kota

Heritage buffs hope to re-energize KotaDamar Harsanto, The Jakarta Post/Jakarta Winda Malika Siregar, 25, no longer invites her friends to visit old buildings in downtown Kota, after most of them have bluntly refused the idea.

Munir's final service to Indonesia

Munir's final service to IndonesiaPatrick Guntensperger, Jakarta Never before in Indonesia's long history has a leader's mandate come at so pivotal a time. Susilo Bambang Yudhoyono was handed the keys to the kingdom at a time when this fledgling democracy, the home to one quarter of a billion...

'They look good only when in the spotlight'

'They look good only when in the spotlight' After 55 years of service, the Jakarta Police are not held in high esteem for the measures they take to uphold their motto "to protect and to serve". In conjunction with their anniversary on Dec.

Soldier gets 10 years for killing spree

Soldier gets 10 years for killing spreeNani Afrida, The Jakarta Post/Banda Aceh A middle-ranking Navy officer, who shot dead four Army soldiers here in August and left another one critically wounded, has been jailed for 10 years and dishonorably discharged from the Navy, a military spokesman said...

JP/ /

JP/ /Major economic and political events in 2004March 4: The government launches a US$1 billion international bond, more than double the initial plan of $400 million, to meet overwhelming demand from global investors. The sovereign bond is oversubscribed four times.

Death row inmates plead for clemency

Death row inmates plead for clemencyMulta Fidrus, The Jakarta Post/Tangerang "Ibu, please help us. Don't let us be shot by the firing squad ... We still have families and children," Edith Yunita Sianturi told visiting First Lady Kristiani Susilo Bambang Yudhoyono on Thursday, seeking clemency from...

JP/ /

JP/ /Major economic and political events in 2004March 4: The government launches a US$1 billion international bond, more than double the initial plan of $400 million, to meet overwhelming demand from global investors. The sovereign bond is oversubscribed four times.

* Historical Jakarta to receive facelift Page 3

* Historical Jakarta to receive facelift Page 3 * More witnesses deny Ba'asyir role in bombings Page 4 * Soldier fired, gets 10 years over shooting spree Page 5 * Munir's final service a chance for Susilo Page 6 * Governor Sutiyoso wants to fund Persija soccer club Page 8 * Williams gets improbable...

Della Monica wins hearts and minds

Della Monica wins hearts and mindsVeeramalla Anjaiah, The Jakarta Post/Jakarta The primary functions of a diplomat are to represent the views of their government and promote bilateral relations with the host country.

Bekasi want higher basic wage

Bekasi want higher basic wage BEKASI: Hundreds of workers in Bekasi staged a rally on Thursday to demand that the municipal administration increase the regional minimum wage to Rp 759,000 (US$84.33) from the current Rp 670,000.

Visa application slows plane crash probe

Visa application slows plane crash probe JAKARTA: The long wait for processing a visa at the United States Embassy in Jakarta has slowed down the investigation into the plane crash that killed at least 26 people in Surakarta, Central Java early this month.

Rights body rues lack of support

Rights body rues lack of supportTiarma Siboro, The Jakarta Post/Jakarta Uncooperative lawmakers and law enforcers remain a persistent hurdle that the National Commission on Human Rights has to clear in upholding human rights in the country, the commission says.

Court orders release of files in Britain-Indonesia arms probe

Court orders release of files in Britain-Indonesia arms probeAgence France-Presse, London A British court has ordered the release of files disclosing payments by a leading British arms company to the daughter of former Indonesian president Soeharto, the Guardian newspaper said on Thursday.

Police conduct door-to-door search

Police conduct door-to-door search AMBON, Maluku: Maluku Police conducted a door-to-door search on Wednesday in three subdistricts in Central Maluku, following mysterious armed attacks in the area. Police officers seized various types of rifles, ammunition and homemade bombs from local residents,...

More witnesses deny Ba'asyir role in bombings

More witnesses deny Ba'asyir role in bombingsTony Hotland, The Jakarta Post/Jakarta Prosecutors' efforts to implicate Abu Bakar Ba'asyir in two major bombings in the country hit further snags on Thursday as six convicted militants denied ever being directed or encouraged to engage in terrorism by...

Bill on mandatory military service and modern defence

Bill on mandatory military service and modern defenceT. Hari Prihatono, Jakarta The House of Representatives is currently deliberating a controversial defense bill that if passed into law would require all Indonesian citizens between the ages of 18 and 45 to join the military reserves.

Indonesian shares end down on news of fuel price hike plan

Indonesian shares end down on news of fuel price hike planDow Jones, Jakarta Indonesian shares ended lower Thursday, hurt by news that the government plans a single, sharp increase in fuel prices early next year, dealers said.

Excelcomindo bought by Telekom Malaysia

Excelcomindo bought by Telekom Malaysia KUALA LUMPUR: Telekom Malaysia Bhd. said it bought a controlling stake in PT Excelcomindo Pratama for US$314 million, beating bids by SK Telecom Co. and other regional rivals for Indonesia's third-largest cellular-phone company.

WOM, Oto to issue bonds next year

WOM, Oto to issue bonds next yearRendi A. Witular, The Jakarta Post/Jakarta Motorcycle financing firm PT Wahana Ottomitra Multiartha (WOM) and car financing firm PT Oto Multiartha plan to issue bonds next year to expand their financing capabilities amid a projected record-high demand for vehicles.

Canada to channel US$17m in aid

Canada to channel US$17m in aid MANADO, North Sulawesi: The Canadian government is planning to channel some 20 million Canadian dollars (US$17 million) in aid to the North Sulawesi administration. The aid will be disbursed to finance projects that help improve public services, according to Jeffrey...

House urges govt act on Munir's death case, or else

House urges govt act on Munir's death case, or elseKurniawan Hari and Fabiola Desy Unidjaja, The Jakarta Post/Jakarta House of Representatives legislators urged the government to take the suspicious death of human rights activist Munir seriously, if it did not want the country to come under...

Fire at Plaza Indonesia panics drivers

Fire at Plaza Indonesia panics drivers A fire resulting from a leak in a gas tank being used during welding work in the Plaza Indonesia P3 parking lot in Central Jakarta on Thursday at around 5:30 p.m. panicked dozens of drivers.

Departing EU envoy says democracy in RI irreversible

Departing EU envoy says democracy in RI irreversible Head of the Delegation of the European Commission to Indonesia Ambassador Sabato Della Monica has been posted here since July 2000. He is preparing to return to Brussels, where the European Union (EU) is headquartered, as soon as his term in...

Sutiyoso wants city to fund soccer team

Sutiyoso wants city to fund soccer teamBambang Nurbianto, The Jakarta Post/Jakarta Governor Sutiyoso has proposed the allocation of Rp 21 billion (US$2.33 million) from the 2005 city budget, some of which will be used to help the city-owned Persija soccer team.

2 x 22

2 x 22 Lampung's Golkar Party secretary gets 4 years JP/5/GOVERNOR2 x 30 E. Kalimantan governor reported to prosecutor's office for graft JP/5/PIRATE4 x 7 Pirates rounded up in Dumai

Lampung's Golkar secretary gets 4 years

Lampung's Golkar secretary gets 4 yearsOyos Saroso H.N., The Jakarta Post/Bandarlampung Lampung's Golkar Party secretary Oktaviano was sentenced on Thursday to four years in prison and fined Rp 200 million (US$22,222) in a graft scam involving the provincial education office.

Mar'ie reelected Red Cross chairman

Mar'ie reelected Red Cross chairman JAKARTA: Mar'ie Muhammad was re-elected chairman of the Indonesia Red Cross (PMI) for the second time during a national meeting attended by some 500 PMI branch leaders across the country early this week.

Int'l arbitration developments in RI

Int'l arbitration developments in RITodung Mulya Lubis and Maurice Burke, Jakarta ith regards to developments in international arbitration in Indonesia, three issues need to be seriously discussed.First, is interference by the courts in the interpretation and application of arbitration agreements.

S'pore PM arrives in the Philippines

S'pore PM arrives in the Philippines PHILIPPINES: Singapore Prime Minister Lee Hsien Loong arrived in the Philippines on Thursday on a two-day official visit aimed at boosting cooperation between the two countries.

Graft spirals out of control at tax office

Graft spirals out of control at tax officeRendi A. Witular, The Jakarta Post/Jakarta Few people could afford to buy the latest BMW 5 car at the age of 27, no matter how hard they work. But, Amien, not his real name, can buy one easily.

Police escape trashing over riot

Police escape trashing over riotTheresia Sufa, The Jakarta Post/Bogor Six police officers, who were found guilty of using unnecessary violence during the Nov. 22 protest at the Bojong waste treatment facility in Bogor, have only been punished with administrative sanctions.

RI, Singapore to hold joint military training

RI, Singapore to hold joint military training JAKARTA: Indonesia and Singapore have agreed to enhance military cooperation, especially in the training of military officials, and to increase information sharing to secure the Mallaca Strait.

Govt rapped for poor citizen protection

Govt rapped for poor citizen protectionKurniawan Hari, The Jakarta Post/Jakarta House of Representatives legislators on Thursday attacked the Ministry of Foreign Affairs for doing little to protect Indonesian nationals abroad.

City gives out tourism awards

City gives out tourism awardsDamar Harsanto, The Jakarta Post/Jakarta The Jakarta administration gave awards to selected institutions, companies and the media, which have made a significant contribution in promoting tourism in the capital.

Ivan gives Indonesia gold from pool

Ivan gives Indonesia gold from poolMoch. N. Kurniawan and ID Nugroho, The Jakarta Post/Surabaya Indonesia finally broke its gold drought in the swimming competition at the 12th ASEAN University Games as Thailand continued its gold rush here on Thursday.

RI to ratify ILO Convention

RI to ratify ILO Convention JAKARTA: The government is expected to ratify the Convention on Seafarers Identity Documents in the near future in a bid to protect the rights of Indonesian seafarers to job opportunities in foreign shipping fleets.

House, parties 'most corrupt'

House, parties 'most corrupt'M. Taufiqurrahman, The Jakarta Post/Jakarta As if to confirm public indignation towards corrupt politicians, a report from an international corruption watchdog said Thursday that the House of Representatives (DPR) and political parties were the most corrupt institutions...

Jakarta to seek 'icon' in bid to woo tourists

Jakarta to seek 'icon' in bid to woo touristsDewi Santoso, The Jakarta Post/Jakarta In an effort to revive Jakarta's tourism industry, the City Tourism Agency will hold a souvenir competition to find an 'icon' to represent the metropolis.

JSX suspends Bank Global shares

JSX suspends Bank Global shares The Jakarta Stock Exchange (JSX) suspended trading in the shares of small-size Bank Global Internasional on Thursday over reports that the bank's capital adequacy ratio (CAR) had declined sharply, due to problems with its mutual fund products.