Indonesian Political, Business & Finance News

Archive: 10 April 2004

95 articles found

RP, Mongolia to join 'Cobra Gold'

RP, Mongolia to join 'Cobra Gold' THAILAND: The Philippines and Mongolia will join the United States, Thailand and Singapore next month in the largest annual war games for American troops, with nearly 20,000 personnel involved, officials said on Friday. "This year Cobra Gold has expanded to five participants, including the Philippines and Mongolia," which are due to send for the first time a total of just 24 troops to the massive joint exercises scheduled May 13-27 along the Thai coast, a U.S.

Vote counting procedures for 2004 legislative election

Vote counting procedures for 2004 legislative election April 6-7: Documentation of votes by the subdistrict/village local election committees (PPS) --> delivered to the district election committees (PPK) April 7-12: Documentation of votes by the PPK --> delivered to the regental/municipal offices (KPUD) of the General Election Commission (KPU) April 10-14: Documentation of votes by the KPUD --> delivered to the provincial offices of the KPU April 11-13: Tallying for members of the...

Experts propose reduction of MPR power

Experts propose reduction of MPR power Kurniawan Hari, The Jakarta Post, Jakarta Experts have hailed a proposal by the Constitutional Commission to strip the People's Consultative Assembly (MPR) of its power to amend the Constitution. Politicians, according to the experts, must not be involved in the amendment of the Constitution so as to avoid potential conflicts of interest.

RI to buy eight more Sukhois

RI to buy eight more Sukhois JAKARTA: In a bid to strengthen its capability of guarding the country's air space, the Air Force plans to buy eight more Russian-made Sukhoi jetfighters this year. If the additional Sukhois arrive, the Air Force will have a squadron of 12 jetfighters.

Fruit sales up by 60% during election

Fruit sales up by 60% during election Slamet Susanto, The Jakarta Post, Yogyakarta The political campaigns, the complicated voting process on April 5 and the vote counting have apparently brought good fortune to dozens of fruit sellers at the Gamping market in Sleman regency, Yogyakarta. Fruit sales at the biggest fruit market in southern Java have seen a significant increase of up to 60 percent.

United Tractors moves to repay debt

United Tractors moves to repay debt JAKARTA: PT United Tractors said on Thursday it has sold its 60 percent stake in unlisted coal miner unit PT Berau Coal to a privately-owned company PT Indika Inti Corpindo. United Tractors, which is 49 percent-owned by automotive concern PT Astra International, said the sale of Berau Coal is part of its plan to restructure its US$241 million debt. It didn't say how much it expects to get for the stake sale.

Just thank the people

Just thank the people We should be thankful for the peaceful general election, despite some shortcomings in its implementation on April 5. The people understand well that maintaining unity is very important. They deserve our appreciation because it is they who made the election a success. The people have succeeded in saving Indonesia from uncertainties due to a lack of professionalism among political leaders in governing the country and the limited funds to set up the polling stations.

JP/3/delay

JP/3/delay Delays, revotes, fraud allegations rife Moch. N. Kurniawan The Jakarta Post Jakarta The General Elections Commission (KPU) said on Friday that of the 1,100 polling stations in the country that must hold delayed elections or rerun voting, just 50 percent have done so thus far. It said the 1,100 polling stations -- of a total of 585,000 nationwide -- that were unable to hold elections on April 5 were from 16 provinces, including Jakarta, North Sumatra, West Sumatra, Papua and East Java.

Researchers stand trial for striking lecturer

Researchers stand trial for striking lecturer Theresia Sufa, The Jakarta Post, Bogor Two brothers, both researchers at the University of Indonesia stood trial at the Cibinong District Court on Wednesday for punching a fellow lecturer who was standing between the two and their father's opponents.

U.S. asked to train RI Navy to secure Malacca Strait

U.S. asked to train RI Navy to secure Malacca Strait Fabiola Desy Unidjaja, The Jakarta Post, Jakarta A noted expert is urging the United States and other foreign countries to help train the Indonesian Navy in securing the Malacca Strait and to not usurp the responsibility from Indonesia and Malaysia.

Traders demand right to import second-hand clothes

Traders demand right to import second-hand clothes Apriadi Gunawan, The Jakarta Post, Medan, North Sumatra An official at the Indonesian Secondhand Clothes Traders Association (APPBI) estimated on Thursday that some 10,000 large bales of secondhand garments were smuggled each week from neighboring Southeast Asian countries into Tanjung Balai seaport in North Sumatra province.

Danamon wraps up Adira takeover

Danamon wraps up Adira takeover The Jakarta Post Jakarta Bank Danamon, the country's fifth largest bank in terms of assets, said it had completed the acquisition of a controlling stake in financing company PT Adira Dinamika Multifinance for Rp 850 billion (US$99 million). "Danamon has concluded the purchase agreement on Wednesday to buy 75 percent of Adira stakes worth Rp 850 billion," said Danamon vice president Emirsyah Satar during a ceremony on Thursday.

* Headlines: EU praises RI poll, local observers irked 2

* Headlines: EU praises RI poll, local observers irked 2 * National: PTDI workers want probe into alleged abuses 4 * Archipelago: Quake damages buildings in W. Sumatra 5 * Opinion: Reform of education should be home-grown 6 * City: How much is PAM Jaya's debt actually? 8 * Sports: Rose sets pace, Woods struggles at Masters 9 * World: Rival Sri Lanka rebel factions clash, 9 killed 11 * Business: Central Bank says GDP expands by 4.8% 13 * Features: Yogyakarta roads cleared of food vendors 18

JP/13/BI

JP/13/BI GDP expands by 4.8%: BI The Jakarta Post Jakarta The economy grew at a snappy 4.8 percent in the first quarter of this year, driven mainly by strong consumer spending, according to Bank Indonesia Governor Burhanuddin Abdullah. He said on Thursday that the strong first quarter gross domestic product (GDP) growth coupled with further improvements in other macroeconomic indicators boded well for the economy this year. Burhanuddin was speaking to the press following a Cabinet meeting.

Easier to become a minister than a legislator

Easier to become a minister than a legislator Fabiola Desy Unidjaja, The Jakarta Post, Jakarta One thing that people tend to overlook regarding the legislative election is the fact that it is easier to become a minister than a legislator. As in many other countries, ministerial appointments in Indonesia are the exclusive privilege of the president-elect. There is no regulation stipulating the criteria for becoming a minister, but it is an arduous task to become a legislator.

Ancol fisherfolk to be evicted again

Ancol fisherfolk to be evicted again JAKARTA: The city administration is set to evict on Saturday morning the fisherfolk of Ancol Timur, North Jakarta, from the place where they are currently housed behind the PT Manggala Krida Yudha Rukindo building, where they have lived since 2001.

Brits say election was jolly good

Brits say election was jolly good JAKARTA: The British government has stated that the general election on April 5 had been successfully organized despite logistical problems. "The British government congratulates the Indonesian General Elections Commission and the government for successfully organizing the legislative election on April 5, despite all the logistical problems involved," the British Embassy said in a press statement released on Friday.

Shrinking water

Shrinking water absorption areas From Koran Tempo Floods in the rainy season are not only caused by downpours. The presence of large buildings like malls, shopping centers and housing complexes on areas reserved for water absorption also contribute greatly to floods, particularly in Jakarta.

1. KOALISI -- 2 cols 3 lines (12 x 3)

1. KOALISI -- 2 cols 3 lines (12 x 3) 11 parties meet to discuss poll flaws, alliance 2. LOG -- 3 cols 2 lines (24 x 2) NGO says open-pit mining causes Rp 70t loss a year 3. ANGGUR -- 4 cols 1 line (36 x 1) Unemployment splits top officials 4. TRADE -- 3 cols 1 line (27 x 1) Traditional healers need licenses 5. KONS -- 4 cols 1 line (36 x 1) Experts propose reduction of MPR power

UGM hosts int'l postgrad program

UGM hosts int'l postgrad program YOGYAKARTA: As of this academic year, Gadjah Mada University's School of Geological Engineering will provide lecture programs for postgraduate (S2 and S3) students following its appointment as a internationally acclaimed host institution in geological engineering studies. The school's head, Dwikorita Karnawati, said the appointment was made by the Southeast Asia Engineering Education Development Network (SEED-Net).

No major changes allowed to Hotel Indonesia: City

No major changes allowed to Hotel Indonesia: City Bambang Nurbianto, The Jakarta Post, Jakarta An official at the Jakarta Culture and Museum Agency says no proposal for the renovation of Hotel Indonesia has been submitted. The hotel, the management of which has been taken over by cigarette producer Djarum Group, is a heritage site.

PPA plans to sell Bank Permata in October

PPA plans to sell Bank Permata in October Rendi A. Witular, The Jakarta Post, Jakarta PT Perusahaan Pengelola Aset (PPA), a new entity that has been established under the auspices of the Ministry of Finance for the purpose of administering banking assets transferred from the now-defunct Indonesian Bank Restructuring Agency (IBRA), plans to resume the sale of the government's 71 percent stake in Bank Permata in October.

Danamon wraps up Adira takeover

Danamon wraps up Adira takeover The Jakarta Post, Jakarta Bank Danamon, the country's fifth largest bank in terms of assets, said it had completed the acquisition of a controlling stake in financing company PT Adira Dinamika Multifinance for Rp 850 billion (US$99 million). "Danamon has concluded the purchase agreement on Wednesday to buy 75 percent of Adira stakes worth Rp 850 billion," said Danamon vice president Emirsyah Satar during a ceremony on Thursday.

Honesty, the Merpati way

Honesty, the Merpati way Good news about Indonesia is rare these days and good news about airlines is even more rare, but I have both to relate. A guest of mine, Murray Anderson of Lochar, Meigle, Perthshire, Scotland, arrived on Merpati flight MZ 514 at 1 p.m. in Palangkaraya on the inauspicious day of April 1 to find his wallet missing. It contained about US$2,000 in cash, three credit cards and his driver's license.

EU praises RI election, local observers irked

EU praises RI election, local observers irked M. Taufiqurrahman, The Jakarta Post, Jakarta The European Union Election Observation Mission (EU EOM) praised Indonesia on Thursday for holding a peaceful and transparent legislative election despite logistical problems. The acknowledgement, however, quickly sparked criticism from local observers and a former president, who accused the international observers of drawing too early conclusions.

Gunawan moved to Cipinang prison

Gunawan moved to Cipinang prison Evi Mariani, The Jakarta Post, Jakarta After being treated at Soekanto Police Hospital in Kramat Jati, East Jakarta, for around 10 days, defendant Gunawan Santosa was moved to Cipinang Penitentiary, East Jakarta, on Friday at 1 a.m. Gunawan's lawyer Alamsyah Hanafiah said on Friday that his client was moved after being questioned at the Central Jakarta Police Headquarters on Thursday.

Pubic transportation

Pubic transportation crews deserve better From Suara Karya As a user of public transportation in Jakarta, I observe the daily activities of crew members of the various vehicles, particularly city bus drivers and conductors. With their major role in operating a means of public conveyance to serve large numbers of ordinary people, they deserve proper compensation to ensure their welfare. In reality, they earn barely enough while they have to work from dawn to dusk.

Counting continues, more areas hold rerun vote

Counting continues, more areas hold rerun vote The Jakarta Post, Jakarta Election workers across the country continued their struggle with ballot counting in the legislative elections on Friday, with tabulation in some areas two days behind schedule and further reelections taking place. Official results must be announced by the General Elections Commission (KPU) by April 28 (not April 26 as reported) but as of Friday several workers at subdistrict levels had not met their Wednesday deadlines.

Economy expands by 4.8%: BI

Economy expands by 4.8%: BI The Jakarta Post, Jakarta The economy grew at a snappy 4.8 percent in the first quarter of this year, driven mainly by strong consumer spending, according to Bank Indonesia Governor Burhanuddin Abdullah. He said on Thursday that the strong first quarter gross domestic product (GDP) growth coupled with further improvements in other macroeconomic indicators boded well for the economy this year. Burhanuddin was speaking to the press following a Cabinet meeting.

Market operator dumps trash problem on sanitation agency

Market operator dumps trash problem on sanitation agency Bambang Nurbianto, The Jakarta Post, Jakarta City-owned market operator PD Pasar Jaya will no longer deal with the garbage from 151 traditional markets across the city, handing the dirty work to the already overloaded Jakarta Sanitation Agency. This means, an additional 300 tons or 1,200 cubic meters of garbage would be added to the 6,000 tons or 25,000 cubic meters of garbage that the sanitation agency handles on a daily basis.

Train to reach the airport

Train to reach the airport JAKARTA: The central government has given the green light for the construction of a railway line linking Soekarno-Hatta International Airport in Cengkareng, Tangerang, to Jakarta. "The plan to construct the railway track has received the green light from us. Go ahead," said Iskandar Abubakar, director general of land transportation at the Ministry of Communications, on the sidelines of a seminar on Wednesday.

E. Timor rights defendant cleared

E. Timor rights defendant cleared JAKARTA: For the third consecutive time in recent weeks, the Supreme Court has acquitted a defendant of all charges of involvement in the 1999 mayhem in East Timor. The panel of five judges stated that prosecutors had failed to provide convincing evidence or valid legal arguments linking Lt. Col. Yayat Sudrajat, former Liquica district military commander, with the bloodshed before and after a UN-administered ballot that resulted in East Timor's independence.

Java-Sumatra tunnel

Java-Sumatra tunnel From Koran Tempo The government has estimated that in early 2005 it will start constructing a 33-km long tunnel some 40 meters under the sea that will connect Java and Sumatra islands. This project will cost about US$15 billion and the funding will come from a European Union consortium along with a number of domestic investors.

PLN's disappointing service

PLN's disappointing service From Koran Tempo As a subscriber to state electricity company PLN in Kebon Jeruk, Jakarta, I paid my electricity bills from November 2003 to January 2004 at the monthly subscription rate of only Rp 39,130, because PLN officers had failed to keep regular records of power consumption. PLN personnel came to my door only after my complaint and I was required to pay Rp 166,600 for the February bill.

;JP;

;JP; ANPAf..r.. Jakarta-stock-table Stock quotations on JSX April 8 JP/13/BEJ Stock quotations on JSX April 8 Stock prices on the Jakarta Stock Exchange (in rupiah) on April 8, 2004: -------------------------------------------------------------- Shares Close Change Trading Volume -------------------------------------------------------------- Abdi Bangsa Tbk 275 0 0 Ades Alfindo Tbk 975 -25 125,000 Adhi Karya 370 30 76,161,000 Adira Dinamika 2,175 0 915,500 AGIS Tbk 130 0 625,500 Akbar Indo...

Explaining Democratic's Party's popularity

Explaining Democratic's Party's popularity Muhammad Qodari, Director of Research, Indonesian Survey Institute (LSI), Jakarta, qodari@lsi.or.id The Democratic Party (PD), which was founded only on Sept. 9, 2001, came out as one of the best performers in the April 5 legislative election. A nationwide survey conducted by the Indonesian Survey Institute (LSI) last November showed that the prospect of votes for the PD was quite tiny -- less than 1 percent.

Danamon wraps up Adira takeover

Danamon wraps up Adira takeover The Jakarta Post Jakarta Bank Danamon, the country's fifth largest bank in terms of assets, said it had completed the acquisition of a controlling stake in financing company PT Adira Dinamika Multifinance for Rp 850 billion (US$99 million). "Danamon has concluded the purchase agreement on Wednesday to buy 75 percent of Adira stakes worth Rp 850 billion," said Danamon vice president Emirsyah Satar during a ceremony on Thursday.

Illegal logging wipes out antelope

Illegal logging wipes out antelope BANJARMASIN, South Kalimantan: Rampant forest plundering and illegal logging in recent years have been blamed for the extinction of Kalimantan's golden antelope (Muntiacus Anthredos). Ambar Dwiyono, head of the province's conservation agency, said on Friday that the golden antelope -- a protected animal -- was last seen in 1998 at the Pelaihari forest park in the regency of Tanah Laut.

RP steps up operations against rebels

RP steps up operations against rebels PHILIPPINES: The Philippine Army said on Friday it had stepped up operations in case of attacks in retaliation for the killing of a senior leader of the Moro extremist Abu Sayyaf group a day earlier. Southern military chief Lt. Gen. Roy Kyamco meanwhile visited the Abu Sayyaf stronghold of Basilan island to award soldiers who killed the al-Qaeda-linked group's number three leader, Hamsiraji Sali, and five other members on Thursday. Basilan army chief Col.

Two die in fire at security post

Two die in fire at security post JAYAPURA, Papua: Two people were killed in a fire at dawn on Thursday in the capital of Papua province, Jayapura. The two unidentified people had allegedly been drunk and fallen asleep in a security post at the Bank Tabungan Negara housing complex. While they were sleeping, the post, which was made from wood, caught on fire. Local residents had tried to save the two, but the fire was out of control.

Support for KPK

Support for KPK We would like to apologize to Patrick Guntensperger for the lack of information on the Partnership for Governance Reform that became apparent in his letter to The Jakarta Post on March 26. The Partnership is a multi-stakeholder initiative and has been inclusive from the very beginning. It cooperates with the government, NGOs and business associations on both national and local levels.

Fire safety standards

Fire safety standards It was with interest I read that the Jakarta Administration is to formulate an Indonesian National Standard on Fire Safety. These standards are long overdue for a metropolis the size of Jakarta. I can sympathize with the Fire Department chief, Johnny Pangaribuan, with the multitude of problems he faces in fighting fires under existing conditions. The adoption of these standards should be given the highest priority to prevent needless loss of life and property.

Support for KPK

Support for KPK We would like to apologize to Patrick Guntensperger for the lack of information on the Partnership for Governance Reform that became apparent in his letter to The Jakarta Post on March 26. The Partnership is a multi-stakeholder initiative and has been inclusive from the very beginning. It cooperates with the government, NGOs and business associations on both national and local levels.

Beware of unreliable water filters

Beware of unreliable water filters From Republika In June 2003, I bought a water filter guaranteed for one year by PT Arya Buana Sejati, while the product itself carried the name of another company, PT Griya Sentra Mandiri/Sentrafil. The guarantee included clean filtered water and assistance in laboratory examination. In January 2004, the water being filtered turned muddy again, and the phone number given was no longer in use.

Traditional healers need licenses

Traditional healers need licenses Leony Aurora, The Jakarta Post, Jakarta Traditional healers must secure licenses from health agencies at the regency or municipal level if they want to practice, a health official said on Thursday. Azrul Azwar, Director General for Public Health at the Ministry of Health, said health agencies would issue licenses only if traditional healers submitted a request, along with a recommendation from their respective association.

The reform of educations should be home-grown

The reform of educations should be home-grown Rachel Davies, Education Consultant, Sydney, Australia The problems facing Indonesian education are very obviously of a huge variety. Most observers would be quick to simply consider the enormous scale of the task and recognize the terrible difficulties that must surely be encountered in bringing sufficient funds to support education for more than seventy million children across this archipelago nation.

Ailing Bank Asiatic, BDB shut down

Ailing Bank Asiatic, BDB shut down Dadan Wijaksana, The Jakarta Post, Jakarta The central bank closed on Thursday two small-sized commercial banks, Bank Dagang Bali (BDB) and Bank Asiatic, due to worsening financial conditions caused by illegal transactions involving Rp 1.2 trillion (US$ 139 million) in loans.

North Barito mulls building airport

North Barito mulls building airport MUARA TEWEH, Central Kalimantan: North Barito regency is exploring the possibility of building a new airport to accommodate larger aircraft than possible at the current airport, an official said on Thursday in Muara Teweh, the capital of North Barito regency. North Barito Regent Achmad Yuliansyah said the plan was aimed at anticipating higher flight frequency to the regency. The old airport, Beringin, is located on Jl. Pendreh.

Niaga allocates profit for dividend

Niaga allocates profit for dividend JAKARTA: PT Bank Niaga on Thursday said it plans to set aside around 13 profit of its 2003 net profit for cash dividend payment, a company senior official said. Bank Niaga President Director Peter Stok said the bank's shareholders have approved the plan to use Rp58.68 billion for a payment of Rp0.75 cash dividend per share. For 2003, the bank reported a net profit of Rp467.25 billion, compared with Rp141.12 billion a year earlier.

The results of the April 5 legislative election and

The results of the April 5 legislative election and the challenges of the coming Golkar Party convention Jusuf Wanandi Co-founder and Member, Board of Trustees Center for Strategic and International Studies (CSIS) Jakarta With the expected victory of the Golkar Party in the legislative election of April 5, the party would become the biggest faction of the House of Representatives (DPR). For Golkar, this would entail some heavy responsibilities.

Repeat voters reported to police

Repeat voters reported to police JAKARTA: Four voters who were caught red-handed trying to vote more than once in the April 5 legislative election were reported to the Jakarta Police on Thursday by the Election Supervisory Committee (Panwaslu). "Three voters were arrested at polling stations in West Jakarta and another was apprehended at a polling station in North Jakarta," Jakarta Police spokesman Sr. Comr. Prasetyo said on Thursday.

Farmers warn of smuggling of chicken eggs and meat

Farmers warn of smuggling of chicken eggs and meat Abdul Khalik, The Jakarta Post, Jakarta With the country's poultry farmers yet to recover from the devastating impact of bird flu, they now face a new threat: an influx of much cheaper chicken eggs and meat smuggled from neighboring Malaysia.

Ballot paper counting

Ballot paper counting From Republika During the New Order era, we often read reports about the discovery of a number of ballot boxes containing marked ballot papers (usually for the opposition party) in forested or swampy areas in remote places of the country. It was also open secret during the New Order era that ballot boxes containing ballot papers could easily be changed with other ballot boxes containing ballot papers marked in favor of a particular party in the polls.

The results of the April 5 legislative election and

The results of the April 5 legislative election and the challenges of the coming Golkar Party convention Jusuf Wanandi Co-founder and Member, Board of Trustees Center for Strategic and International Studies (CSIS) Jakarta With the expected victory of the Golkar Party in the legislative election of April 5, the party would become the biggest faction of the House of Representatives (DPR). For Golkar, this would entail some heavy responsibilities.

Indonesia leads NZ 2-0 in Davis Cup

Indonesia leads NZ 2-0 in Davis Cup Zakki Hakim, The Jakarta Post, Jakarta The Indonesian tennis team pulled ahead leading 2-0 against New Zealand in the Asia-Oceania Group I playoff in the Davis Cup, which was interrupted by rain, here on Friday. Febi Widhiyanto opened the host's campaign with a convincing 6-3, 6-2, 6-4 victory over Matthew Prentice.

Councillor charged in graft case

Councillor charged in graft case PALEMBANG, South Sumatra: Councillor Yusuf Sumo has been named a second suspect in the embezzlement case involving Rp 600 million (US$70,588) to clear land for a public cemetery in Gandus subdistrict. Patuan Siahaan, assistant to the head of the South Sumatra Prosecutor's Office, said on Friday that Sumo was charged on the basis of an investigation into the main suspect.

Court limits cases on ballot disputes

Court limits cases on ballot disputes Muninggar Sri Saraswati, The Jakarta Post, Jakarta Candidates of the Regional Representatives Council (DPD) are able to submit their cases to the Constitutional Court if they are not satisfied with the legislative election results. This is stipulated in new guidelines on dispute resolution issued by the Constitutional Court early this week.

Artists to exhibit in Balikpapan

Artists to exhibit in Balikpapan YOGYAKARTA: Five artists from Yogyakarta and Surakarta are heading to Balikpapan for a four-day painting exhibition titled The Total Oil in Art Exhibition. The exhibitors will display their works from April 13 to April 16 at the invitation of the Total Oil Company. They are Godod Sutejo, Supri Cement, AB Halim, Ari Sugiarto, and Ari Yadi.

Empty words and next president

Empty words and next president From Media Indonesia The public is fed up with all the empty promises made by political parties, while in reality various social and economic problems remain. Prices of basic necessities remain high, unemployment is rife and criminals remain at large. Meanwhile, people are tired of waiting for the emergence of a national leader with a high sense of responsibility and deep concern for people's welfare.

Telephone charges

Telephone charges and public rights From Media Indonesia The government has approved a maximum increase of 28 percent in local telephone charges and a minimum decrease of 10 percent in long distance charges. Previously, the Indonesian Telecommunications Regulatory Board recommended that the Minister of Communications allow a maximum rise in fixed telephone charges of only 15 percent this year.

2004 Legislative Election Results for Jakarta

2004 Legislative Election Results for Jakarta Provisional results for the top 10 positions for the City Council (DPRD) based on votes counted by the Jakarta General Elections Commission (KPUD) as of 8 p.m. No. Party Votes 1. Prosperous Justice Party (PKS) 817,693 2. Democratic Party 712,814 3. Indonesian Democratic Party of Struggle (PDI-P) 478,139 4. Golkar Party 290,769 5. National Mandate Party (PAN) 269,210 6. United Development Party (PPP) 265,394 7. Prosperous Peace Party (PDS) 200,224 8.

JP/13/BI

JP/13/BI GDP expands by 4.8%: BI The Jakarta Post Jakarta The economy grew at a snappy 4.8 percent in the first quarter of this year, driven mainly by strong consumer spending, according to Bank Indonesia Governor Burhanuddin Abdullah. He said on Thursday that the strong first quarter gross domestic product (GDP) growth coupled with further improvements in other macroeconomic indicators boded well for the economy this year. Burhanuddin was speaking to the press following a Cabinet meeting.

1. PKB: 28 pt, 1 cols, 3 x 9

1. PKB: 28 pt, 1 cols, 3 x 9 PKB seeks mate for Gus Dur 2. COUNTING: 50 pt, 4 cols, 2 x 22 Counting continues, some areas hold rerun vote 3. DELAY: 36 pt, 4 cols, 1 x 28 Holiday prevents Papuans from voting 4. DISPUTE: 28 pt, 2 cols, 2 x 18 Court limits cases on ballot disputes 5. MENTRI: 32 pt, 5 cols, 1 x 40 Jakarta KPU hopes to finish counting soon

Discrepancy found in water firm debt

Discrepancy found in water firm debt Damar Harsanto, The Jakarta Post, Jakarta The City Water Regulatory Agency has revealed a discrepancy in the amount of debt owed by city-run tap water operator PD PAM Jaya to its two foreign partners, British firm Thames PAM Jaya (TPJ) and French firm PT PAM Lyonnaise Jaya (Palyja).

Holiday prevents Papuans from voting

Holiday prevents Papuans from voting Moch. N. Kurniawan, The Jakarta Post, Jakarta The General Elections Commission (KPU) said on Friday that of the 1,100 polling stations in the country that must hold delayed elections or rerun voting, just 50 percent have done so thus far. It said the 1,100 polling stations -- of a total of 585,000 nationwide -- that were unable to hold elections on April 5 were from 16 provinces, including Jakarta, North Sumatra, West Sumatra, Papua and East Java.

;JP;DAN;

;JP;DAN; ANPAf..r.. Rupiah-conversion-rates Rupiah Rates April 8 JP/13/Conver Rupiah Rates April 8 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp Australian dollar 1 6,955.14 6,185.20 6,605.12 6,534.99 Brunei dollar 1 5,421.17 4,821.31 5,148.35 5,093.97 Canadian dollar 1 6,926.77 6,160.71 6,578.18 6,509.11 Swiss franc 1 7,126.82 6,338.04 6,768.17 6,696.47 Danish krone 1 1,485.52 1,320.86 1,410.76 1,395.55 Euro 1 11,067.92 9,845.08 10,510.93 10,401.85 Poundsterling 1...

NGO says open-pit mining causes Rp 70t loss a year

NGO says open-pit mining causes Rp 70t loss a year Tony Hotland, The Jakarta Post, Jakarta The country may lose at least Rp 70 trillion (US$8.7 billion) annually in environmental costs and declining regional revenue as a result of the government's recent decision to allow 13 mining firms to resume operations in protected forests, a non- governmental organization warns.

Former regent named suspect in graft case

Former regent named suspect in graft case Bengkulu Prosecutor's Office named the former regent of South Bengkulu and a high-ranking official of the regental administration as suspects in a corruption case, on Thursday. They were suspected of involvement in an irregularity in a feasibility study of a stone mining project in the regency.

Residents flee over blast from plant

Residents flee over blast from plant ID Nugroho, The Jakarta Post, Surabaya An explosion and fire engulfed a petrochemical plant in Gresik, East Java on Thursday night, the second incident at the plant this year, forcing local residents to flee in panic. There were no reports of casualties or injuries after the accident at PT Petro Widada, just two months after a fire engulfed the plant on Feb. 2, killing two people and injuring more than 50 others. Thursday's fire took place at about 11:30 p.m.

Parties pile on pressure for total vote recount

Parties pile on pressure for total vote recount Moch. N. Kurniawan, The Jakarta Post, Jakarta Seventeen of the 24 political parties contesting this year's legislative election are demanding the General Elections Commission (KPU) recount all ballots tallied electronically because they have had no way to monitor the process.

National system of final exams should not be shelved outright

National system of final exams should not be shelved outright Ardimas Sasdi, Staff Writer, The Jakarta Post, Berkeley, California, ajambak@calmail.berkeley.edu The fate of the national final exams for high schools, or UAN -- the main yardstick used to measure the performance of individual students and gauge the general quality of education -- is in limbo ahead of the examinations next month.

1. ROUNDUP: 2 LINES, 20 COUNTS

1. ROUNDUP: 2 LINES, 20 COUNTS Unhappy parties pile on pressure for vote recount 2. IRAQ: 2 LINES, 21 COUNTS Iraq in turmoil one year on after U.S. overthrew Saddam 3. TENNIS: 1 LINE, 32 COUNTS Indonesia leads NZ 2-0 in Davis Cup 4. BI: 1 LINE, 27 COUNTS Ailing Bank Asiatic, BDB shut down

Bad weather fails to disturb voting

Bad weather fails to disturb voting RUSSIA: In spite of sub zero temperatures in Moscow, more than hundred Indonesians came to the polling booth at the Indonesian Embassy in Moscow and exercised their right to vote on Monday. From the Indonesian community in the Russian Federation, 151 people registered to vote. The voter turn out on the polling day was 93.88 percent.

EMP to sell 30% stakes via IPO

EMP to sell 30% stakes via IPO The Jakarta Post, Jakarta Indonesia's second largest privately owned oil and gas company, PT Energi Mega Persada (EMP), will sell 30 percent of its shares to the public at between Rp 110 (1.2 U.S. cents) and Rp 170 via an initial public offering (IPO) in May, a company official said. EMP president Rennier A.R. Latief said on Thursday that the 30 percent stake was equivalent to 2.84 billion shares.

S. Sumatra to host rafting competition

S. Sumatra to host rafting competition PALEMBANG, South Sumatra: Pagaralam city in South Sumatra province is ready to host the national rafting competition on Aug. 7 to Aug. 10, chairman of the event's organizing committee, Kusmiran, said here on Thursday. Kusmiran expressed hope that many athletes would take part in the competition, to be held along 300 km of the Lematang River.

Unemployment splits top officials

Unemployment splits top officials Ridwan Max Sijabat, The Jakarta Post, Jakarta The government has dismissed unemployment data and projections from the National Development Planning Board (Bappenas) as inaccurate and misleading, saying it had launched various programs to cope with the unemployment time bomb.

11 parties meet to discuss poll flaws, alliance

11 parties meet to discuss poll flaws, alliance Tiarma Siboro and M. Taufiqurrahman, The Jakarta Post, Jakarta With no party likely to win an absolute majority of seats in the House of Representatives, rivalries between political parties have quickly turned into talks on coalitions ahead of the presidential election.

Bolstering continued professional development

Bolstering continued professional development Simon Marcus Gower, Executive Principal, High/Scope Indonesia School, Jakarta The concept of continued professional development (or CPD) is well and long established in many countries. It has become so much a part of professional life that many organizations, when recruiting, will quite naturally specifically look for a potential employee's previous commitment to CPD.

More trees needed to for greener, cleaner Yogya

More trees needed to for greener, cleaner Yogya Bambang M, Contributor, Yogyakarta Before Prince Mangkubumi established the Mataram Kingdom in the 18th century, Yogyakarta was nothing more than a dense jungle named Beringan. But as time went on, the big trees in the forest were all felled, so that two centuries later the city now suffers from a lack of trees.

Jakarta KPU hopes to finish counting soon

Jakarta KPU hopes to finish counting soon Eva C. Komandjaja, The Jakarta Post, Jakarta The Jakarta General Elections Commission (KPUD) is still optimistic that the ballot counting can be finished in the next few days to meet its schedule, although up until now progress has been sluggish. KPUD chairman Mohamad Taufik told The Jakarta Post on Friday that the counting process was slow but dismissed rumors that it was caused by a serious IT problem.

Businessman hailed for tax office suit

Businessman hailed for tax office suit Rendi A. Witular, The Jakarta Post, Jakarta A corruption watchdog and several businessmen have agreed to jointly support a local businessman who has recently launched an all-out legal battle against the tax office over alleged extortion.

Twelve die in car collision in North Sumatra

Twelve die in car collision in North Sumatra Apriadi Gunawan, The Jakarta Post, Medan, North Sumatra Twelve people are dead and seven others were severely injured after a passenger bus and a minivan collided in North Sumatra, police said on Friday. The crash, involving a Garuda bus and a minivan belonging to CV Dirgantara, took place on Thursday on the trans-Sumatra highway connecting Medan and Tebing Tinggi, some 46 kilometers east of the provincial capital of Medan.

W. Sumatra quake damages buildings, but no fatalities

W. Sumatra quake damages buildings, but no fatalities The Jakarta Post, Jakarta A powerful earthquake jolted several parts of West Sumatra province on Friday, damaging a number of structures, officials said. No casualties or injuries were reported in the incident. The quake, measuring 5.3 on the Richter scale, left minor and major cracks in the walls of a number of buildings in the affected areas and caused panic among local residents who fled their homes, Antara reported.

BI warns of rising bank NPL

BI warns of rising bank NPL Bank Indonesia said that gross non-performing loans (NPLs) in the country's banking sector had increased to 8.3 percent during the first quarter of this year. Bank Indonesia Governor Burhanuddin Abdullah, however, said that net NPL had declined to 2.6 percent.

'Rate hike OK if services improve'

'Rate hike OK if services improve' The government has allowed telephone operators PT Telekomunikasi Indonesia (Telkom) and PT Indonesia Satellite Corporation (Indosat) to raise local telephone rates by up to 28 percent along with the lowering of long-distance rates. However, some city residents The Jakarta Post talked to object to the increase, saying services should first be improved. Maria, 30, is a mother of two who lives on Jl.

PKB seeks mate for Gus Dur

PKB seeks mate for Gus Dur Kurniawan Hari, The Jakarta Post, Jakarta The National Awakening Party (PKB) has started selecting a potential running mate for Abdurrahman "Gus Dur" Wahid, the party's presidential candidate, to contest the July 5 presidential election. Party chairman Alwi Shihab revealed on Friday that the party would decide Gus Dur's running mate at a national meeting scheduled for April 25.

Telephone charges

Telephone charges and public rights From Media Indonesia The government has approved a maximum increase of 28 percent for local telephone calls and a minimum decrease of 10 percent for long distance calls. Previously, the Indonesian Telecommunications Regulatory Board recommended that the minister of communications allow a maximum rise in fixed telephone charges of only 15 percent this year.

Security in the Malacca Straits: Who is responsible?

Security in the Malacca Straits: Who is responsible? Nugroho Wisnumurti Former Director General for Political Affairs Ministry Foreign Affairs Jakarta It has been reported in the media that the United States plans to implement its Regional Maritime Security Initiative, under which the country intends to deploy marines and special-operation forces on high speed vessels along the Malacca Straits to flush out terrorists. The details of this initiative are at this stage unclear.

PPA plans to sell Bank Permata in October

PPA plans to sell Bank Permata in October Rendi A. Witular The Jakarta Post Jakarta PT Perusahaan Pengelola Aset (PPA), a new entity that has been established under the auspices of the Ministry of Finance for the purpose of administering banking assets transferred from the now-defunct Indonesian Bank Restructuring Agency (IBRA), plans to resume the sale of the government's 71 percent stake in Bank Permata in October.

Telephone rate increase

Telephone rate increase From Bisnis Indonesia I was surprised to learn that the government had increased telephone rates by almost 28 percent; I am against this move.

Constitutional Court limits election cases

Constitutional Court limits election cases Muninggar Sri Saraswati The Jakarta Post Jakarta Candidates of the Regional Representatives Council (DPD) are able to submit their cases to the Constitutional Court if they are not satisfied with the legislative election results. This is stipulated in new guidelines on dispute resolution issued by the Constitutional Court early this week.

Anybody can become a politician

Anybody can become a politician Kornelius Purba Staff Writer The Jakarta Post Jakarta purba@thejakartapost.com A legislature candidate from a new and small party was hardly bothered by the small number of votes his party received in the April 5 legislative election. He said he had already anticipated that before joining the party. He sold his only car to finance his campaign, and displayed his picture along the streets near his residence in East Jakarta.

EMP to sell 30% of shares at Rp 110-170 each

EMP to sell 30% of shares at Rp 110-170 each The Jakarta Post Jakarta Indonesia's second largest privately owned oil and gas company, PT Energi Mega Persada (EMP), will sell 30 percent of its shares to the public at between Rp 110 (1.2 U.S. cents) and Rp 170 via an initial public offering (IPO) in May, a company official said. EMP president Rennier A.R. Latief said on Thursday that the 30 percent stake was equivalent to 2.84 billion shares.

Prudential records strong growth

Prudential records strong growth JAKARTA: Insurance company PT Prudential Life Assurance reported strong performance in its eighth year of operation in the country. Total premium income grew by 114 percent to Rp 1 trillion (about US$117 million) in 2003 compared to Rp 477 billion in 2002, the company said in its press release on Wednesday. The Indonesian unit of U.K.

Yogya roads cleared of vendors

Yogya roads cleared of vendors Sri Wahyuni, The Jakarta Post, Yogyakarta If you visit Yogyakarta and travel along Jl. Gejayan, particularly passing Jogjakarta Plaza Hotel in the south to Selokan Mataram drainage system in the north, you may be surprised by the vacant roadsides in the evenings. The roadsides used to be completely occupied by dozens of tents in which street vendors sold food, but these days the roadsides are empty.