Indonesian Political, Business & Finance News

Archive: 15 April 2004

68 articles found

Risk management at banks

Risk management at banks Bank Indonesia, the central bank, is moving forcefully to improve risk management at banks as part of a more concerted effort to improve the effectiveness of its banking supervision and prevention of banking fraud.

JP/5/lampung

JP/5/lampung 2 x 28 Lampung sets date for repeat election to elect governor JP/5/huzrin 1 x 36 Supreme Court rejects Huzrin's appeal 2 x 28 Women question legality of arrests in Manggarai

PKB mulls suing KPU over health requirement

PKB mulls suing KPU over health requirement A. Junaidi, The Jakarta Post, Jakarta The National Awakening Party (PKB) is considering taking legal action against the General Elections Commission (KPU) should the commission place a sight requirement on presidential and vice presidential candidates. "We cannot comment further as we have not seen it (the health requirements for presidential and vice presidential candidates).

RI told to speed up the implementation of CWC

RI told to speed up the implementation of CWC The Jakarta Post, Jakarta Indonesia, a signatory to the Chemical Weapons Convention (CWC), must speed up the establishment of a permanent national authority and the passage of a "unified robust national legislation" on the use of chemical substances in order to fully implement the convention, a seminar heard on Wednesday.

RSCM staff protest management

RSCM staff protest management JAKARTA: More than 200 employees of Cipto Mangunkusumo General Hospital in Central Jakarta staged a protest in front of the emergency ward for about an hour on Wednesday morning, disrupting its operation. "The hospital service was slightly interrupted ... the rally ended at about 10 a.m. because the hospital managers had responded to (staff) demands, although there has yet to be an official decision (made)," hospital spokesman Djajadi told The Jakarta Post.

Police ready to question Ba'asyir

Police ready to question Ba'asyir JAKARTA: National Police Chief Gen. Da'i Bachtiar said on Wednesday the questioning of Muslim cleric Abu Bakar Ba'asyir over his alleged involvement in terrorist activities would take place soon. "I have received the report from the investigating team that we have enough evidence to question Ba'asyir. He has to come and undergo questioning," Da'i said. No specific date, however, has been set for the interrogation.

Surabaya Zoo gets two tigers

Surabaya Zoo gets two tigers SURABAYA: Two Bengal tigers from the Indonesian Safari Park II in Prigen, East Java, have been loaned to the Surabaya Zoo for breeding purposes. The zoo's conservation manager, Liang Kaspe, said on Wednesday the tigers would remain at the zoo for five years in order to breed. "It takes one month for a tiger to start breeding. The cubs will then be shared with the safari park according to our agreement," he said.

Supreme Court rejects Huzrin's appeal

Supreme Court rejects Huzrin's appeal Fadli, The Jakarta Post, Jakarta Suspended Riau Islands regent Huzrin Hood will file a request for judicial review after the Supreme Court upheld his two-year jail sentence for corruption, his lawyer said on Wednesday. Hendie Devitra said he had verbally been notified that the Supreme Court had rejected his client's appeal against his conviction in a graft case involving Rp 4.3 billion (US$500,000). "We have prepared the documentation for judicial review ...

Why Megawati's party has lost people's support

Why Megawati's party has lost people's support Ronnie H. Rusli, Senior Lecturer, Postgraduate Program, University of Indonesia, Jakarta Although the results of the April 5 legislative election are not yet fully in, an irreversible trend is already emerging showing that President Megawati Soekarnoputri's Indonesian Democratic Party of Struggle (PDI-P), has lost a good portion of the support it gained in the 1999 elections.

Rp 5.5b in loans for Papua firms

Rp 5.5b in loans for Papua firms JAYAPURA, Papua: Papua Bank has allocated Rp 5.5 billion (US$650,000) in soft loans to help develop small and medium-scale enterprises and cooperatives this year in the country's easternmost province. The bank's managing director, Onesias Fairyo, said on Wednesday the move was in line with Papua's efforts to empower locals.

Mooryati says she's answering the call

Mooryati says she's answering the call Eva C. Komandjaja, The Jakarta Post, Jakarta Mooryati Soedibyo, the 75-year-old cosmetics queen, is ready to assume her seat on the Regional Representatives Council (DPD) as the top vote-getter in Jakarta, according to data released by the General Elections Commission (KPU). Although the ballot counting is not yet complete, Mooryati look set to fill one of the four DPD seats available for Jakarta.

* Headlines:Sutiyoso claims fall guy for PDI-P flop in city2

* Headlines:Sutiyoso claims fall guy for PDI-P flop in city2 * National: Mega orders heightened alert in Poso 4 * Archipelago:Lampung to rerun guvernatorial election 5 * Opinion:Why Megawati's party has lost people's support 6 * City:City not serious about busway: Observers 8 * Sports:Mavs wrap up fifth play-off spot in West 9 * World:Mainland China dismisses Taiwan's peace overtures 11 * Business:Government plans new power pricing mechanism 13 * Features:Geothermal plant to boost electric...

Rangers stage rally to save forests

Rangers stage rally to save forests ID Nugroho, The Jakarta Post, Surabaya Hundreds of forest rangers and employees of state-owned forestry company (Perhutani) in Surabaya, East Java, staged a rally in protest at corruption within the firm and for better pay. "We don't want KKN (corruption, collusion and nepotism) in Perhutani to cause damage to the forests," a protester told a crowd gathered at the company's offices on Jl. Genteng Kali, Surabaya.

Sutiyoso claims he's fall guy for PDI-P flop in Jakarta

Sutiyoso claims he's fall guy for PDI-P flop in Jakarta Damar Harsanto, The Jakarta Post, Jakarta When the seemingly invincible PDI-P is beaten in the capital Jakarta, everyone seems to be on the look out for scapegoats. "To lose is really a bitter experience. And, most losers tend to look for a scapegoat, as that is the easy way out," Sutiyoso told reporters at City Hall.

Rupiah Rates April 14

Rupiah Rates April 14 Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 6,830.82 6,075.47 6,487.48 6,418.59 Brunei dollar 1 5,436.82 4,837.69 5,163.55 5,110.90 Canadian dollar 1 6,818.66 6,066.42 6,475.93 6,409.03 Swiss franc 1 6,994.92 6,223.18 6,643.33 6,574.64 Danish krone 1 1,457.28 1,295.96 1,384.04 1,369.15 Euro 1 10,855.85 9,659.42 10,310.19 10,204.94 Poundsterling 1 16,516.53 14,695.88 15,686.34 15,525.84 Hong Kong dollar 1 1,166.28 1,037.87 1,107.66 1,096.49...

Government all set to sell Merpati stake

Government all set to sell Merpati stake The Jakarta Post, Jakarta The government said on Wednesday that it would press ahead with plans to privatize state-owned Merpati Nusantara Airlines but insisted it would retain a majority stake in the company. Ferdinand Nainggolan, a deputy to the State Minister for State Enterprises, said that in order to remain as the majority shareholder, the government would only sell up to 49 percent of the airline based on a strategic sale mechanism.

Malaysia seeking foreign partner for carmaker Proton

Malaysia seeking foreign partner for carmaker Proton Agence France-Presse, Kuala Lumpur The Malaysian government is seeking a foreign partner for national carmaker Proton to boost its competitiveness, improve exports and tap new commercial opportunities, reports said on Wednesday.

RI, ILO to tackle worst forms of child labor

RI, ILO to tackle worst forms of child labor Leony Aurora, The Jakarta Post, Jakarta The International Labor Organization (ILO) will launch on Thursday a support program to assist the first phase of Indonesia's national plan of action to tackle the worst forms of child labor.

Taufik told to stay clear of the press

Taufik told to stay clear of the press JAKARTA: Senior member of the Indonesian Democratic Party of Struggle (PDI-P) Taufik Kiemas has been warned against giving statements or interviews to the media ahead of the presidential election. "I am so sorry we can no longer grant you any interview with Pak Taufik, because it the policy of the presidential campaign not to permit interviews with him," one of Taufik's aides said on Wednesday.

Golkar Party's next convention may see internal contention

Golkar Party's next convention may see internal contention Kurniawan Hari, The Jakarta Post, Jakarta The next phase of the Golkar Party's series of conventions to select a presidential candidate looks to become a stage to test the influence of the rivals of party leader Akbar Tandjung. The final convention scheduled for April 20 may see heated debate as some regency chapters plan to propose a revision of the rules to improve the chances of Akbar's rivals in winning the nomination.

Politicians blamed for poor voter turnout

Politicians blamed for poor voter turnout Bambang Nurbianto, The Jakarta Post, Jakarta The disappointment of Jakarta residents with the performance of the country's politicians is the main reason why many people were unenthusiastic about the April 5 legislative elections, say analysts. Syamsuddin Haris, a political analyst from the Indonesian Institute of Sciences (LIPI), said on Wednesday that Jakarta people were revolted by the unscrupulous attitudes displayed by politicians.

Civilian govt should oversee TNI, Police: Analyst

Civilian govt should oversee TNI, Police: Analyst Kurniawan Hari, The Jakarta Post, Jakarta Instead of placing them under the president, the Indonesian Military (TNI) and the National Police should be put under separate ministries to avoid being used by the incumbent president to defend his or her regime, an analyst says.

Challenge to foreign office

Challenge to foreign office From Koran Tempo The Singaporean government has invited Indonesian authorities to file a lawsuit against Agus Anwar, the former proprietor of Bank Pelita and Bank Istismarat who still owes US$47.3 million to the Indonesian Bank Restructuring Agency (Tempo Interaktif, April 1). This case is embarrassing because an individual with such big liabilities to the state can easily travel abroad and even secure citizenship from Singapore.

Singapore's competition policies lagging in Asia =

Singapore's competition policies lagging in Asia = Doutsche Press-Agentur Singapore Among the leaders in Asia when it comes to financial services and IT adoption, Singapore lags in competition policies, a law firm said on Tuesday. Thailand, Indonesia, the Philippines, Japan and South Korea have competition laws in place and Malaysia is currently looking at one, according to Rajah & Tann.

Woodside says Timor gas development threatened by border dispute

Woodside says Timor gas development threatened by border dispute Agence France-Presse Sydney Energy giant Woodside warned on Tuesday it will scrap a multi- billion dollar oil and gas development in the Timor Sea unless East Timor ratifies a controversial border treaty with Australia.

Geothermal plant to boost electric supply on Bali

Geothermal plant to boost electric supply on Bali Wahyoe Boediwardhana, The Jakarta Post, Denpasar, Bali In the last few years, Bali has been struggling to increase its electricity supply to support its rapid growth, particularly in the tourism industry, garment and other industrial sectors as well as demands for domestic needs. The need for electricity has been rapidly increasing for the past ten years along with the growth of industry and the growth of the island's population, which is over 3.

JP/1/24hour

JP/1/24hour Indonesian publisher wins award: Indonesian publisher Joesoef Isak, the director of Hasta Mitra, is the 2004 recipient of the Jeri Laber International Freedom to Publish Award. Joesoef, who was imprisoned from 1967 to 1977, won the award for his long commitment to world literature in the face of great political obstacles -- and personal peril -- over the past 25 years.

Amien's axis goes beyond Muslim-based parties

Amien's axis goes beyond Muslim-based parties Kurniawan Hari, The Jakarta Post, Jakarta Ahead of the presidential election political leaders have intensified their meetings, as the new "axis" of Muslim-leaning parties that was declared on Tuesday had widened to include other "nationalist" parties by Wednesday.

Women question legality of arrests in Manggarai

Women question legality of arrests in Manggarai Yemris Fointuna, The Jakarta Post, Kupang, East Nusa Tenggara Four women, the residents of Colol subdistrict in Manggarai regency, who were arrested by security personnel on March 9, filed a lawsuit on Wednesday against Adj. Sr. Comr. Boni Tompoi, the chief of Manggarai Police precinct. The four women argued that the arrest, which led to the bloody shooting the following day, was unlawful, because the women were not guilty.

Fragmented politics predicted

Fragmented politics predicted M. Taufiqurrahman, The Jakarta Post, Jakarta Analysts painted a gloomy picture of the country's post-general election political landscape on Wednesday, saying that it would be more fragmented than before, with party squabbling hampering the functioning of an effective government.

SKBRI not required by Chinese: Mega

SKBRI not required by Chinese: Mega Fabiola Desy Unidjaja, The Jakarta Post, Jakarta President Megawati Soekarnoputri has stepped into the controversy over the plight of Chinese-Indonesians by declaring that they are no longer required to possess an Indonesian Citizenship Certificate (SBKRI). During a meeting with dozens of Indonesian badminton legends, who are mostly Chinese-Indonesians, Megawati called on all immigration offices across the country on Wednesday to abide by the law.

Official taxis at airport

Official taxis at airport Passengers arriving at Jakarta's Soekarno-Hatta Airport no longer the have freedom to choose better taxis as they are required to use the ones already parked in front of the arrivals gate. A poster at the luggage terminal even suggests that "official taxis" be taken. Nevertheless, most passengers are not interested in the "official" cars because of the Rp 10,000 surcharge imposed, plus some drivers demand charter rates.

9/11 terror caught Bush, U.S. govt by surprise

9/11 terror caught Bush, U.S. govt by surprise Sayidiman Suryohadiprojo, Former Governor, National Resilience Institute, (Lemhanas), Jakarta The American people are busy investigating whether President George W. Bush and his government did what they should have done when the Sept. 11, 2001 attack took place. An independent commission was formed to preside over the investigation. Many people were interviewed, an important figure among them was Condoleezza Rice, the U.S. National Security Adviser.

Govt warns of legal recourse for allies of instability

Govt warns of legal recourse for allies of instability Fabiola Desy Unidjaja, The Jakarta Post, Jakarta Putting down its foot in the face of political plots to reject the election results, the government has threatened to take legal action against those who orchestrated such a move.

Bloody village initation for boys

Bloody village initation for boys Jagadhita, Contributor, Denpasar In the secluded Aga community, believed to be the first group that inhabited the paradise island of Bali, boys shed their blood in a Perang Pandan (pandan duel) before they are socially acknowledged as adults.

Bogus policemen on the up and up

Bogus policemen on the up and up Evi Mariani, The Jakarta Post, Jakarta Crimes by bogus cops are on the rise again, with groups of men passing themselves off as police making several "raids" on civilians during the past few weeks, city police said. On April 7, four people dressed in black jackets and brown trousers and claiming to be police detectives robbed an Internet cafe in Grogol, West Jakarta.

Government plans new power pricing mechanism

Government plans new power pricing mechanism Fitri Wulandari, The Jakarta Post, akarta The government plans a new mechanism to determine electricity prices for large businesses and households, which will be based on developments in three main cost components: fuel price, inflation, and rupiah exchange rate. Director General of Electricity and Energy Utilization Yogo Pratomo said on Wednesday that under the new mechanism, power rates would change every month adjusting to the above three factors.

City, IPB to regreen Jakarta

City, IPB to regreen Jakarta JAKARTA: The city administration and the Bogor Institute of Agriculture (IPB) will team up on various projects to beautify and regreen the capital for the next five years. "The IPB will help the city administration in maintaining city parks and forests," IPB rector Ahmad Ansori Mattjik said after meeting Governor Sutiyoso on Wednesday.

Amien Rais' maneuvers

Amien Rais' maneuvers Amien Rais has been well-reputed for his political maneuvers since 1998. The former chairman of Muhammadiyah was the star of the reform movement to topple the New Order regime. Later, he was elected leader of the National Mandate Party (PAN), which enjoyed its days among the big five in the 1999 general election. This brought him to the top post in the People's Consultative Assembly (MPR).

Darwin boys shine in Bali Int'l 6's cricket

Darwin boys shine in Bali Int'l 6's cricket The Jakarta Post,Jakarta Udayana University was the venue for recently completed Annual Bali International 6's Cricket Tournament over the Easter weekend. With three days of wonderful sunny weather at the Udayana Oval, ten teams competed with great gusto for top honors. The tournament had two overseas teams; the Topenders (Darwin) and the Camden Rams (Sydney).

Citizenship certificate not required by Chinese-Indonesians: Mega

Citizenship certificate not required by Chinese-Indonesians: Mega Fabiola Desy Unidjaja The Jakarta Post Jakarta President Megawati Soekarnoputri has stepped into the controversy over the plight of Chinese-Indonesians by declaring that they are no longer required to possess an Indonesian Citizenship Certificate (SBKRI).

City not serious about busway: Observers

City not serious about busway: Observers Eva C. Komandjaja, The Jakarta Post, Jakarta Three months of operation since the busway was launched on Jan. 15, environmental and transportation observers continue to criticize the city administration and the busway management for not being serious in their efforts. Andi Rahmah, a policy analyst at Pelangi, an environmental watchdog, told The Jakarta Post recently that there had been no improvements in busway services so far.

E. Timorese protest against Australia

E. Timorese protest against Australia EAST TIMOR: Hundreds of East Timorese on Wednesday rallied outside the Australian embassy to demand Canberra stop issuing exploration licenses in disputed parts of a huge gas field between the two countries. The protesters accused Australia of stealing East Timor's wealth by issuing exploration licenses and urged Australian officials to meet East Timorese officials more often to solve the dispute.

Police arrest suspected gang members

Police arrest suspected gang members MEDAN, North Sumatra: The Deli Serdang Police said on Wednesday they had arrested six men suspected of being members of two armed robbery gangs operating on Sumatra island. The suspects had long been wanted by police in Sumatra. They were identified as Hermansyah, 29, Sutarmin, 28, Basuki, alias Marno, 34, Ramli, 32, M. Nazar and Iskandar, 38, who is believed to be the mastermind. Deli Serdang Police chief Adj. Sr. Comr.

Voters teach bad parties good lesson

Voters teach bad parties good lesson Frans H. Winarta, Member of the Advisory Board, IBA Human Rights Institute, Jakarta Although the ballot count is not yet completed, it seems clear that the 2004 legislative election will not produce a majority party that has gained the overwhelming support of the nation's 147 million voters. The first round of the presidential election in July is not likely to be much different.

Three sent off in Persik's 3-2 win

Three sent off in Persik's 3-2 win Multa Fidrus, The Jakarta Post, Tangerang Persik Kediri stunned host Persikota 3-2 here on Wednesday in an Indonesian premier soccer league fixture that was marred by the sending off of three players and an assault by a spectator on an official. At the Benteng Stadium, Persik, the defending champion but now languishing in the relegation zone, struck twice in the first half before the hosts reduced the gap one minute before the interval.

Lampung sets the date for repeat gubernatorial election

Lampung sets the date for repeat gubernatorial election Oyos Saroso H.N., The Jakarta Post, Bandarlampung, Lampung The Lampung legislative council has decided to repeat elections for its governor on May 15, despite strong opposition from some political parties and non-governmental organizations. Those opposed to the planned rerun allege its timing is related to the loss of the Indonesian Democratic Party of Struggle (PDI-P) in the April 5 legislative election.

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Why Megawati's party has lost people's support Ronnie H. Rusli Senior Lecturer Postgraduate Program University of Indonesia Jakarta 2. Frans -- Through the 2004 elections toward a strong government 1 X 30 Voters teach bad parties good lesson Frans H. Winarta Member of the Advisory Board IBA Human Rights Institute Jakarta

Citizenship certificate not required by Chinese-Indonesians: Mega

Citizenship certificate not required by Chinese-Indonesians: Mega Fabiola Desy Unidjaja The Jakarta Post Jakarta President Megawati Soekarnoputri has stepped into the controversy over the plight of Chinese-Indonesians by declaring that they are no longer required to possess an Indonesian Citizenship Certificate (SBKRI).

Ministry of Finance reshuffles tax office

Ministry of Finance reshuffles tax office The Jakarta Post, Jakarta The Ministry of Finance has embarked on a major reshuffle in the Directorate General of Taxation in a bid to improve the public image of the tax office. Minister of Finance Boediono on Wednesday installed 29 new senior officials, mostly consisting of new heads of tax offices in various provinces.

Amien's axis spreads beyond Muslim-leaning parties

Amien's axis spreads beyond Muslim-leaning parties Kurniawan Hari The Jakarta Post Jakarta Ahead of the presidential election political leaders have intensified their meetings, as the new "axis" of Muslim-leaning parties that was declared on Tuesday had widened to include other "nationalist" parties by Wednesday.

Parties lack commitment to legal reform

Parties lack commitment to legal reform JAKARTA: Judicial reform following the downfall of the authoritarian New Order regime in 1998 has yet to produce a significant result due to a lack of commitment from political parties, a discussion concluded. "Legal reform in legislation and its application is disappointing," Firmansyah Arifin of the National Legal Reform Consortium (KRHN) said on Wednesday.

'Prosecutors not involved in suspect's escape: Police

'Prosecutors not involved in suspect's escape: Police Jakarta Police chief Insp. Gen. Makbul Padmanagara announced on Wednesday that the police had exonerated three prosecutors after an investigation into their suspected involvement in the foiled escape attempt of murder suspect Gunawan Santosa. "The North Jakarta prosecutors have been found not to have been involved in the escape attempt," he said.

Proliga set to serve up new season

Proliga set to serve up new season Zakki Hakim, The Jakarta Post, Jakarta The 2004 Proliga, a national semi-professional volleyball league, will commence here on Friday for its opening three-day competition. The matches will be staged at the Bung Karno Basketball Hall in Senayan, Central Jakarta, with Jakarta Phinisi defending its men's championship against newcomer Semarang Berlian on Saturday.

Only eight 'green' companies in the country: Minister

Only eight 'green' companies in the country: Minister Tony Hotland, The Jakarta Post, Jakarta The results of a 2002 environmental audit conducted on 85 select companies showed that none of them received a gold label for satisfactory performance, the government announced on Wednesday.

'Can they provide enough food for Jakartans?'

'Can they provide enough food for Jakartans?' Although not all votes for the Regional Representatives Council (DPD) have been counted, the top four candidates for Jakarta -- Mooryati Soedibyo, Sarwono Kusumaatmadja, Biem Triani Benyamin and Marwan Batubara -- have secured seats on the council. The Jakarta Post talked to some residents on what they believe the future senators can do to improve the lives of Jakartans. Nurohim, 33, a street vendor, sells clothes near Tanah Abang in Central Jakarta.

Panin moves ahead with Bumiputera acquisition plan

Panin moves ahead with Bumiputera acquisition plan Dadan Wijaksana, The Jakarta Post, Jakarta Publicly listed Bank Panin said on Wednesday that upon completing an assessment of Bank Bumiputera's financial performance, it had decided to go ahead with plans to purchase a 58.4 percent stake in Bumiputera. As stated in a press statement, the medium-sized Panin would now seek official approval from the bank's shareholders at a meeting, scheduled for May 14.

Stock prices on The Jakarta Stock Exchange (in rupiah) on April 14, 2004

Stock prices on The Jakarta Stock Exchange (in rupiah) on April 14, 2004 ____________________________________________________________________________ Shares Close Change Trading Volume ____________________________________________________________________________ Abdi Bangsa Tbk 275 0 0 Ades Alfindo Tbk 1,000 25 65,500 Adhi Karya 435 110 71,876,500 Adira Dinamika 2,300 100 5,165,000 AGIS Tbk 130 -5 250,000 Akbar Indo Makmur 85 0 258,500 Alakasa Industrindo 135 0 0 Alfa Retailindo Tbk 950 0 0...

'Hip Hop Pass' to entice tourists, but locals still have exit tax

'Hip Hop Pass' to entice tourists, but locals still have exit tax Dewi Santoso, The Jakarta Post, Jakarta As an effort to boost the tourism sector in the country, the government launched on Wednesday the ASEAN "Hip Hop Pass 2004" package -- a program that offers a trip to several ASEAN countries at competitive prices.

Unreliable water filters

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.

Fire guts turpentine warehouse

Fire guts turpentine warehouse SURABAYA: The warehouse of a factory producing paint thinner on Jl. Kenjeran in Surabaya was destroyed by fire on Wednesday after four explosions were heard. No casualties or injuries were reported in the fire, which began at about 11 a.m. Eight workers were in the warehouse at the time of the incident. They rushed out of the building when they heard the explosions that preceded the blaze. Eight fire trucks were deployed to put out the fire.

1. PDIP: 2 LINES, 20 COUNTS

1. PDIP: 2 LINES, 20 COUNTS Sutiyoso claims he's fall guy for PDI-P flop in Jakarta 2. GADAI: 2 LINES, 24 COUNTS State pawnshop planning major business expansion this year 3. SYDNEY: 2 LINES, 21 COUNTS Australian spies distort intel to back govt: Report 4. MERPATI: 3 LINES, 16 COUNTS Government all set to sell Merpati stake

BMW offers packages service deal for owners of older 5, 3 Series

BMW offers packages service deal for owners of older 5, 3 Series The Jakarta Post, Jakarta An old selling adage still true today says the buyer is king. Another important concept, not yet an adage, states "loyal customers will be rewarded." It's no wonder many big companies do their best to pamper customers long after sales are made, as repeat business in the form of brand loyalty is an important source of revenue -- especially for firms selling high-end, durable products.

'Samudraraksa', mission possible

'Samudraraksa', mission possible A cheerful atmosphere prevailed during the conferring of the Satya Lencana medals by President Megawati Soekarnoputri to the crew of the Samudraraksa traditional sailing vessel at the State Palace recently (The Jakarta Post, March 27). Indonesian sailors aboard the Samudraraksa proved themselves to be the sons of a maritime nation when their ship set sail from Jakarta on Aug.

State pawnshop planning major business expansion this year

State pawnshop planning major business expansion this year Urip Hudiono, The Jakarta Post, Jakarta State-owned pawnshop company Perum Pegadaian plans to expand its business this year by accepting the pawning of shares in listed companies -- in addition to other belongings -- from its customers, a company official said.

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9-11 terror caught Bush, U.S. govt by surprise Sayidiman Suryohadiprojo Former Governor National Resilience Institute (Lemhanas) Jakarta 2. Yomi -- ABCD and 2 Rs for economic recovery 1 x 45 U.S., Japan and China driving global economy Kan Tsutagawa The Daily Yomiuri Asia News Network Tokyo 3. Star2 -- Rice show raises more questions 1 x 30 Rice show raises more questions Johan Fernandez The Star Asia News Network Selangor, Malaysia

Arroyo mulling Iraq withdrawal

Arroyo mulling Iraq withdrawal PHILIPPINES: The Philippines, one of the staunchest allies of the United States, may withdraw its peacekeepers and aid workers from Iraq as security conditions worsen, President Gloria Macapagal Arroyo said on Wednesday. The withdrawal of the small force would be a symbolic setback for the U.S. administration as it struggles to contain violent insurgencies on two fronts in Iraq, although Arroyo stressed she had yet to make any decision.

Mega orders heightened alert in Poso

Mega orders heightened alert in Poso Irvan NR and Ruslan Sangadji, The Jakarta Post, Palu, Central Sulawesi President Megawati Soekarnoputri has called on authorities in the troubled regency of Poso to be on high alert against possible renewed attacks that could jeopardize the security situation in the regency.