Indonesian Political, Business & Finance News

Archive: 2 March 2004

70 articles found

January export raises optimism over RI's growth

January export raises optimism over RI's growthRendi A. Witular, The Jakarta Post, Jakarta A rise in non-oil and gas exports drove the overall export figure in January slightly higher by 0.74 percent compared to the same period last year, raising hopes that export could help accelerate economic...

Red tape lethal than dengue fever

Red tape lethal than dengue feverEva C. Komandjaja and Damar Harsanto, The Jakarta Post, JakartaThe City Council urged the Jakarta Administration on Monday to cut down on the bureaucratic red tape on disbursements for impoverished dengue fever victims, who are unable to get timely or professional...

Police submit BNI case dossier to prosecutors

Police submit BNI case dossier to prosecutorsTony Hotland, The Jakarta Post, JakartaThe National Police submitted the case files on five suspects in the Bank Negara Indonesia (BNI) scandal to the Jakarta prosecutor's office on Monday, with their trial now expected to start soon.

Undesirable consequences of an ASEAN peacekeeping force

Undesirable consequences of an ASEAN peacekeeping forceBantarto Bandoro, Editor, The Indonesian Quarterly, Centre For Strategic and International Studies (CSIS), Jakarta bandoro@csis.or.id Since the 2003 ASEAN Bali summit, which laid down new foundations for more cohesive ASEAN security...

The dream of hassle-free claims processing

The dream of hassle-free claims processingT. Sima Gunawan, Contributor, Jakarta It was early in the morning and Ita was getting ready for work when her driver burst into the house. He looked petrified. Finally, he managed to blurt out the bad news.

Talks on truth commission delayed

Talks on truth commission delayed JAKARTA: Lawmakers agreed on Monday to delay deliberations on the truth and reconciliation bill until the next legislative sitting, expected to start on April 12.The House of Representatives (DPR) will close its current session on Friday and go into a month-long...

CNOOC summoned over marine pollution

CNOOC summoned over marine pollutionEvi Mariani, The Jakarta Post, JakartaThe Jakarta Police will summon officials from the China National Offshore Oil Corp. (CNOOC) this week as witnesses in a pollution case in the waters near the Thousand Islands.

Natural disaster toll reaches at least 60

Natural disaster toll reaches at least 60Yuli Tri Suwarni, The Jakarta Post, BandungAt least 60 people have been killed and 70 others severely injured following a series of natural disasters that struck the country in the past two months, an official has said.

Stamping out corruption

Stamping out corruptionFrom Republika The Supreme Audit Agency (BPK) has done its job well enough and has reported its findings to relevant government agencies for follow-up measures. Now that there are intensified efforts to eradicate corruption, spearheaded particularly by university students and...

Rupiah Rates March 1

Rupiah Rates March 1 Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 6,938.10 6,158.23 6,582.74 6,513.36 Brunei dollar 1 5,266.82 4,675.06 4,997.06 4,944.67 Canadian dollar 1 6,697.63 5,946.39 6,354.58 6,289.31 Swiss franc 1 7,108.67 6,311.19 6,744.57 6,675.

2004 natural disaster toll reaches at least 60

2004 natural disaster toll reaches at least 60 Yuli Tri Suwarni The Jakarta Post BandungAt least 60 people have been killed and 70 others severely injured following a series of natural disasters that struck the country in the past two months, an official has said.

Prices down by 0.22 percent in February

Prices down by 0.22 percent in FebruaryFitri Wulandari, The Jakarta Post, Jakarta The consumer price index (CPI) fell 0.02 percent in February from the previous month as the rice harvest and a stronger rupiah resulted in lower prices for foodstuffs and lower education and recreation costs.

Government determined not to raise fuel prices in 2004

Government determined not to raise fuel prices in 2004Ridwan Max Sijabat, The Jakarta Post, Jakarta Despite increasing world oil prices, the government is adamant that it will not raise fuel prices for transportation or households this year.

Indonesia presses Malaysia to act on illegal logs

Indonesia presses Malaysia to act on illegal logsP.C. Naommy and Achmad Junaidi, The Jakarta Post, Jakarta The government is pressuring Malaysia to take firm and concrete action against the traders of illegal logs allegedly smuggled from Indonesia.

RI may ramp up exploitation of ocean for profit

RI may ramp up exploitation of ocean for profitUrip Hudiono, The Jakarta Post, JakartaAlthough the government formed a special ministry in 1999 to manage Indonesia's marine resources, it has yet to implement a comprehensive policy to exploit those resources as a driving force for the country's...

Students, teachers urged to calm down

Students, teachers urged to calm downSri Wahyuni and Slamet Susanto, The Jakarta Post, YogyakartaSleman Regent Ibnu Subiyanto reassured teachers and students here on Monday that state-run Ambarrukmo Elementary School would not be demolished until a replacement building was provided.

Govt fails to finish drafting tax laws

Govt fails to finish drafting tax lawsRendi A. Witular, The Jakarta Post, Jakarta The directorate general of taxation has not been able to submit drafts on the amendment of three tax laws to the House of Representatives as scheduled in February, according to a senior official.

Government promises to deal with dengue fever

Government promises to deal with dengue feverThe Jakarta Post, Jakarta The government has claimed it has prepared measures to keep dengue fever under control within the next three months, although the number of people infected and killed has been on the rise since the outbreak was detected in...

U.S. Marines in Haiti, Aristide flees to Africa

U.S. Marines in Haiti, Aristide flees to AfricaJim Loney and Alistair Scrutton, Reuters, Port-au-PrinceU.S. Marines flew into the chaotic Haitian capital after President Jean-Bertrand Aristide fled into exile in Africa on Monday, driven out by a bloody revolt and foreign pressure.

Computer industry will grow by 25%

Computer industry will grow by 25%Dewi Santoso, The Jakarta Post, JakartaDomestic demand for computer terminals is expected to increase by 25 percent to 1 million units this year despite the upcoming general election, an industrial leader says.

Coal mining firm Adaro maintains 'force majeur' status

Coal mining firm Adaro maintains 'force majeur' statusFitri Wulandari, The Jakarta Post, Jakarta Coal mining company PT Adaro Indonesia is still unable to ship coal to overseas buyers although it has resumed activities for two days following a week-long blockade by the community around the...

Enhancing the press role

Enhancing the press role Recent developments strike rather a disheartening note with regards the weakening role of the media in Southeast Asia, particularly in Indonesia. An article written by a correspondent for the Deutsche Presse Agentur (DPA) in Bangkok and carried in this newspaper on Friday,...

Citibank disappointing

Citibank disappointingFrom Suara PembaruanAs a Citibank member since 1995 I had trust in the bank's safety and professionalism until recently, when an incident reversed all that.On Oct. 2, 2003 I got confirmation from Citybank that three mobile phone owners registered on my visa card had added...

Cheated at Merak terminal

Cheated at Merak terminalFrom Kompas We went by car at the end of January to the ferry terminal in Merak, Banten, where ticket counter employees charged us Rp 115,000 for the ferry transport service.Aboard the ferry, we examined the details printed on the ticket and found that the official price...

Substandard conditions keep state plantation workers in poverty

Substandard conditions keep state plantation workers in povertyApriadi Gunawan and Ridwan Max Sijabat The Jakarta Post Medan, North SumatraThe government has not yet tended to poor labor conditions at state-owned oil palm plantations in North Sumatra, leaving the majority of workers underpaid and...

PAN legislative candidate goes on trial

PAN legislative candidate goes on trialKENDARI, Southeast Sulawesi: Kendari district court began hearing a case on Monday involving alleged school diploma forgery in the run-up to the legislative election here.

1. Haiti -- 48pts Bodoni L/c 4col. 2lines -45

1. Haiti -- 48pts Bodoni L/c 4col. 2lines -45 JP/12/K00 U.S. Marines in Haiti, Aristide flees to Africa2. Poland -- 36pts Bodoni L/c 3col. 2lines -42Polish social democrats may dump premier: Sources3. Mideast -- 32pts Bodoni L/c 4col. 1line-40Egypt says rapid reform leads to anarchy4.

1. DENGUE: 50 pt, 4 cols, 2 x 24

1. DENGUE: 50 pt, 4 cols, 2 x 24Govt promises to deal with dengue fever 2.TEMPO: 36 pt, 3 cols, 2 x 21Witness testifies Tomy used threats of violence3. TURTLE: 32 pt, 4 cols, 1 x 36Officers save 700 protected turtles 4. LOGGING: 28 pt, 2 cols, 2 x 18RI presses Malaysia to act on illegal logs

Poll commission head fired

Poll commission head fired TANGERANG: The General Elections Commission (KPU) has officially dismissed the head of the Tangerang chapter of the KPU, Adi Warman, following allegations of corruption.KPU Tangerang secretary Wawan Kustanto confirmed on Monday the dismissal, but refused to give a reason.

Mega orders resolution of MI-17 choppers fiasco

Mega orders resolution of MI-17 choppers fiascoFabiola Desy Unidjaja, The Jakarta Post, JakartaPresident Megawati Soekarnoputri has stepped in to stop the fray over the purchase of four Russian-made MI-17 helicopters, ordering the defense ministry to settle the matter as quickly as possible.

Two students get UK Award

Two students get UK Award JAKARTA: British Council and MTVSky 101.6 FM radio station have awarded two Indonesian students with a two-week trip to London for winning the real UK video competition.Mira Sumanti of state senior high school SMUN 8 and Irvandi Trisnabudi from St.

Another good year for car insurance companies

Another good year for car insurance companiesRudijanto, Contributor, Jakarta With an upbeat projection for new car sales and uncertainty prior to the upcoming general election -- in terms of security and order -- local car insurers are optimistic that business will continue to flourish this year.

1. SUSILO: 1 LINES, 15 COUNTS

1. SUSILO: 1 LINES, 15 COUNTS Susilo lays low by Megawati's side 2. OSCAR: 1 LINE, 24 COUNTS Foreigners invade Hollywood 3. KPU: 1 LINE, 35 COUNTS Late ballot paper printing threatens poll 4. DEFLASI: 1 LINE, 40 COUNTS Prices down by 0.22 percent in February

Gao happy in her adopted homeland

Gao happy in her adopted homeland DOHA: Gao Jing Yi is one of a plethora of Chinese-born players representing another flag at the team table tennis world championships here this week.Born in Tianjin she was approached by Ireland back in 1995 and now, nine years on, she is happily settled in her...

No sign of life in RP ferry wreck

No sign of life in RP ferry wreckPHILIPPINES: Divers probed deeper into the smoldering wreck of a Philippine ferry on Monday but found no sign of more than 100 people still missing after the ship caught fire while leaving Manila late last week.

Telekom Malaysia's shares go on sale

Telekom Malaysia's shares go on sale KUALA LUMPUR: The sale of shares in Telekom Malaysia opened Monday as part of the government's efforts to woo more investors to the giant phone company and raise as much as 3 billion ringgit (US$789 million).

S'pore Petroleum to buy BP's stake

S'pore Petroleum to buy BP's stake SINGAPORE: Singapore Petroleum Co. Ltd. said on Monday it will buy British Petroleum Singapore's one-third stake in Singapore Refining Company Pte. Ltd. and one-sixth equity interest in Tanker Mooring Services Co. Pte. Ltd. in a deal worth about US$140 million.

House endorses judicial laws revisions

House endorses judicial laws revisionsKurniawan Hari, The Jakarta Post, JakartaThe House of Representatives put the organization and administration of judicial institutions under the Supreme Court on Monday, ending the control over the judicial system by the Ministry of Justice and Human Rights.

American to be grilled on wild 'pets'

American to be grilled on wild 'pets' JAKARTA: The Jakarta Police will question on Wednesday a U.S. national living in Cikupa, Tangerang, over allegations that he was keeping 20 protected animals at his house.Chief of the resources and environmental department Adj. Sr. Comr.

'Debate on others' ideology pointless'

'Debate on others' ideology pointless'After more than three decades, former members of the banned Indonesian Communist Party (PKI) and their relatives have been restored their right to vote and to run in the legislative elections.

* Headlines: January export raises optimism over RI's growth 3

* Headlines: January export raises optimism over RI's growth 3 * National: House endorses bills revising laws on courts 4 * Archipelago: State plantation workers live in poverty 5 * Opinion: Banks need structural change, diversified ownership 6 * City: Police to summon CNOOC officials over polluted...

Copyright Law

Copyright Law We recently received an e-mail offering the B2B Indonesia CD- ROM, which has apparently been circulating for some time.As the publisher of B2B Indonesia, we would like to confirm that the product offered in the e-mail is not genuine.

Malaysian firm dropped from monorail project

Malaysian firm dropped from monorail projectIndonesian Transit Central (ITC), a local consortium in charge of the monorail project, revealed on Monday it had dropped Malaysian firm MTrans Holding Sdn. Bhd.

Drugs dealers on death row make the best of their time

Drugs dealers on death row make the best of their timeMulta Fidrus, The Jakarta Post, TangerangTwenty-three-year-old Thai national Nothanam M. Saichon never expected to find herself counting off her final days on death row in a prison in Indonesia.

Late ballot paper printing threatens poll

Late ballot paper printing threatens pollMoch. N. Kurniawan, The Jakarta Post, Jakarta The printing of ballot papers may be moved further back as film printing firms have still not finished the templates for the ballots, which will greatly delay the delivery of the election materials to all the...

TV Program: Monday, March 1, 2004

TV Program: Monday, March 1, 2004TVRI .TB.30" .90" 6:00 a.m. News: Berita Pagi7:00 Entertainment News: Selebrita8:00 Music: Sik Asik9:00 Entertainment News10:00 TV Drama: Kabayan 12:00 p.m. Singing Contest: Konteswara 1:00 News: Berita Siang2:30 English News Service4:00 News5:30 News: Info...

Shandong, Palangkaraya boost trade

Shandong, Palangkaraya boost tradePALANGKARAYA, Central Kalimantan: The Central Kalimantan provincial administration and the government of Shandong province in China have agreed to establish economic and trade ties.

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Banking sector would benefit from structural change, not quick profits or Banks need structural change, diversified ownership Rizal Ramli Former Coordinating Minister for the Economy Jakarta 2. Bantar -- Undesirable consequences of ASEAN peacekeeping force 2 X 30 Undesirable consequences of an...

Poor elections preparations

Poor elections preparations The general election is coming closer and closer, but preparations for the elections are not going well. It is easy to see how poorly the logistics procurement by the elections committee is going, a problem that could cause a delay of the elections.

Rupiah Rates March 1

Rupiah Rates March 1 Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 6,938.10 6,158.23 6,582.74 6,513.36 Brunei dollar 1 5,266.82 4,675.06 4,997.06 4,944.67 Canadian dollar 1 6,697.63 5,946.39 6,354.58 6,289.31 Swiss franc 1 7,108.67 6,311.19 6,744.57 6,675.

Try appears again in rights tribunal

Try appears again in rights tribunal JAKARTA: Former vice president Gen. (ret.) Try Sutrisno defended on Monday a decision by the military to open fire on a crowd during the Tanjung Priok incident in 1984.

Up for election 2004

Up for election 2004Along with voting for political parties and legislative candidates in the House of Representatives (DPR) and City/Regency Council (DPRD) on April 5, voters will also select candidates for the new Regional Representatives Council (DPD).

Susilo lays low by Megawati's side

Susilo lays low by Megawati's sideThe Jakarta Post, Jakarta As the election draws close, political parties are now openly touting their possible presidential and vice presidential candidates in the hope of drumming up enough support to grab power.

IFA pumps $200m more into Dubai's resort

IFA pumps $200m more into Dubai's resortDUBAI: Kuwait's International Financial Advisers (IFA) have signed their fifth joint venture deal with Dubai property developers Nakheel to construct a luxury hotel and resort at a cost of US$200 million on the emirate's colossal man-made island, The Palm...

RI businesses welcome Global Compact

RI businesses welcome Global CompactTony Hotland, The Jakarta Post, Jakarta The country's business community welcomed the launch of the Global Compact on Saturday by the Indonesian Employers Association (Apindo), but called for government efforts in boosting the business climate for the...

Officers save protected turtles

Officers save protected turtlesMulta Fidrus, The Jakarta Post, Tangerang For the third time in February, customs and excise officers, with help from forestry ministry officers and environmental activists, managed to foil an attempt to smuggle 309 pig-nosed turtles (Carettochelys insclupta) through...

Balikpapan strengthens ties with Tigard

Balikpapan strengthens ties with TigardBALIKPAPAN, East Kalimantan: City officials from Tigard, Oregon, the U.S., visited Balikpapan municipality officials on Monday.The visit was aimed at strengthening ties between the two cities, said Sarjono, the head of the Balikpapan government's Development...

Banks need structural change, diversified ownership

Banks need structural change, diversified ownershipRizal Ramli, Former Coordinating Minister for the Economy, Jakarta Although the Indonesian banking sector has been recapitalized to the tune of Rp 650 trillion, structural weakness remain a serious problem.

Govt to improve security to attract investors

Govt to improve security to attract investors Ridwan Max Sijabat The Jakarta Post JakartaMinister of Energy and Mineral Resources Purnomo Yusgiantoro said the government would increase security at all vital projects and assets across the country, in a move hoped to help attract new foreign...

Over 30% elementary schools falling apart: Official

Over 30% elementary schools falling apart: OfficialYuli Tri Suwarni, The Jakarta Post, Jakarta Director General for Elementary Education at the Ministry of Education Indradjati Sidi revealed on Monday that more than 30 percent of elementary schools were either ruined or in a state of irreversible...

Supreme Court's ruling

Supreme Court's rulingFrom Bisnis Indonesia The Supreme Court ruling to exonerate Akbar Tandjung is just a plagiarized, humorous piece by Srimulat, one of the country's famous groups of comedians. However, it falls flat as a joke.Unfortunately, ordinary citizens can do nothing about this.

Another Marriott suspect detained

Another Marriott suspect detained JAKARTA: National Police deputy spokesman Brig. Gen. Soenarko said on Monday the police had transferred a suspect in the JW Marriott Hotel bombing Amran bin Mansur, alias Andi Saputra to the Jakarta Police for investigation.However, Jakarta Police spokesman Sr.

8,000 TKI work illegally in Syiria

8,000 TKI work illegally in SyiriaRidwan Max Sijabat, The Jakarta Post, JakartaMinister of Manpower and Transmigration Jacob Nuwa Wea expressed his deep disappointment over the fact that some 8,000 Indonesians were working illegally in Syria, even though Indonesia had no labor export arrangements...

Substandard conditions keep plantation workers in poverty

Substandard conditions keep plantation workers in povertyApriadi Gunawan and Ridwan Max Sijabat, The Jakarta Post, Medan, North Sumatra The government has not yet tended to poor labor conditions at state-owned oil palm plantations in North Sumatra, leaving the majority of workers underpaid and...

Medco's profit drops on falling oil production

Medco's profit drops on falling oil productionBloomberg Bangkok PT Medco Energi Internasional, Indonesia's only publicly traded oil company, posted a lower profit in the fourth quarter because of falling oil production, said PTT Exploration & Production Pcl of Thailand.

Megawati to visit Nabire, Jayapura

Megawati to visit Nabire, JayapuraJAYAPURA, Papua: President Megawati Soekarnoputri is slated to visit the devastated town of Nabire, which was recently rocked by a fatal earthquake measuring 6.9 on the Richter scale.

Vital steps at international biodiversity meet

Vital steps at international biodiversity meetMartin Khor The Star Asia News Network Selangor, Malaysia The first meeting of the parties of the Biosafety Protocol, which is part of the Convention on Biological Diversity, ended on Friday with the adoption of 10 decisions.

Witness testifies Tomy used threats of violence

Witness testifies Tomy used threats of violenceM. Taufiqurrahman, The Jakarta Post, Jakarta A former business associate of well-connected businessman Tomy Winata told the Central Jakarta District Court on Monday that his Artha Graha company security guards' threats of violence had always been a...

Iraq Governing Council OKs interim constitution

Iraq Governing Council OKs interim constitutionAgencies BaghdadIraq's U.S.-appointed Governing Council put aside differences on Monday to forge an interim constitution, a key foundation in Washington's plans to hand sovereignty back to Iraqis by June 30.Agreement was finally reached at 4:20 a.m.

Govt launches infrastructure projects nationwide

Govt launches infrastructure projects nationwideAbdul Khalik, The Jakarta Post, Jakarta The government announced on Monday its plan to develop several infrastructure projects worth more than Rp 200 trillion (US$23.