Indonesian Political, Business & Finance News

Archive: 28 April 2004

84 articles found

Stock prices on the Jakarat Stock Exchange( in rupiah) on April 27, 2004

Stock prices on the Jakarat Stock Exchange( in rupiah) on April 27, 2004 __________________________________________________________________________ Shares Close Change Trading Volume ___________________________________________________________________________ Abdi Bangsa Tbk 275 0 0 Ades Alfindo Tbk...

Government to let suspect Ba'asyir go

Government to let suspect Ba'asyir goP.C. Naommy and Muninggar Sri Saraswati, Jakarta The Ministry of Justice and Human Rights will release terror suspect Abu Bakar Ba'asyir when he completes his jail term on April 30 and deliver him to his family, the minister has said.

Nigerian nabbed for Rp 70m heroin

Nigerian nabbed for Rp 70m heroinThe Jakarta Post, Jakarta The Jakarta Police arrested a Nigerian citizen, identified as Fan Fan Okonkwo Jade, alias Ifanyi, 28, on Monday afternoon for alleged possession of 100 grams of heroin with an approximate street value of Rp 70 million (US$8,235).

Golkar to name Gus Dur-handpicked VP aspirant

Golkar to name Gus Dur-handpicked VP aspirant Kurniawan Hari and Indra Harsaputra Jakarta/SurabayaThe Golkar Party agreed on Monday to devote its energies to forging a coalition with the National Awakening Party (PKB) to win the presidential election.

JP/Indra Harsaputra

JP/Indra HarsaputraPOSSIBLE VP CANDIDATE: The Golkar Party's presidential candidate Wiranto (left) sits next to Nahdlatul Ulama (NU) leader Hasyim Muzadi at a national meeting of NU clerics in Surabaya, East Java.

Fallacies in the thinking of the political elites

Fallacies in the thinking of the political elitesMuhammad Qodari, Jakarta Except for Susilo Bambang Yudhoyono, or SBY as he is popularly known, who has confirmed Jusuf Kalla (JSK) as his running mate, other presidential hopefuls are still shopping around to find their most compatible vice...

Clerics say Ambon disaster provoked

Clerics say Ambon disaster provokedThe Jakarta Post, Jakarta Religious leaders accused on Tuesday "third parties" of inciting the renewed violence in Ambon, Maluku province, and urged police to take firm action where necessary.

checked but please define acronym in bold, thanks

checked but please define acronym in bold, thanksBilateral cooperation in maritime sector offers good future If there is any sector where Indonesia and the Netherlands find common ground, then it's undoubtedly the maritime sector. The future for cooperation looks bright indeed.

The President is the highest leader in this country. To cope

The President is the highest leader in this country. To cope with such responsibility, he or she must be in good shape -- both physically and mentally.Therefore, it is right the General Elections Commission (KPU), in cooperation with the Indonesian Doctors Association (IDI) has set health...

Fragile peace revealed

Fragile peace revealed The clashes that have shaken Ambon over the past two days reveal the fragility of the peace that prevailed in the city after the Malino talks in February 2002. The signing of the government-sponsored Malino II peace pact brought to an end three years of bloody sectarian...

CFC offers sport and entertainment

CFC offers sport and entertainment JAKARTA: The newly launched Celebrity Fitness Center offers a a one-stop service mixing sport and entertainment, its promotional material claims.The first and only gym of its kind in southeast Asia, the CFC, which was launched last week, was designed to make its...

The rise of retired generals: Last wake-up call for reformists

The rise of retired generals: Last wake-up call for reformistsArdimas Sasdi, Berkeley, California Worried about the return of the military to power through the July 5 election and the subsequent resurgence of an authoritarian regime, respected Muhammadiyah chairman Syafii Ma'arif criticized...

Low gender budget angers official

Low gender budget angers official PALU, Central Sulawesi: A senior government official complained on Tuesday at the low awareness of Palu councillors on gender issues. Andiwan P. Berthalemba, head of the People's Empowerment Body (BPM), explained that his office demanded councillors increase their...

Muhammad Qodari

Muhammad Qodari Jakarta2. Sasdi -- The rise of ex-generals a last wake-up call for the reformists 2 X 30 The rise of retired generals the last wake-up call for reformists Ardimas Sasdi Berkeley, California

Mia not in lineup in RI vs. Holland Uber Cup opener

Mia not in lineup in RI vs. Holland Uber Cup openerEva C. Komandjaja, The Jakarta Post, Jakarta A much-awaited contest in the world's women's badminton team competition Uber Cup between Indonesian and the Netherlands here next month might not be as highly charged as expected after Mia Audina was...

Singapore tourist arrivals up 12%

Singapore tourist arrivals up 12% SINGAPORE: Visitor arrivals in Singapore rose 12 percent in March to 625,603, with double-digit increases in the number of both holiday and business travellers, the tourism board said Tuesday.

Purnomo says OPEC may reset oil price range

Purnomo says OPEC may reset oil price rangeFitri Wulandari, The Jakarta Post, Jakarta The Organization of Petroleum Exporting Countries (OPEC) is reviewing its current oil price band to adjust to the U.S.

Govt to let terror suspect Ba'asyir go

Govt to let terror suspect Ba'asyir goP.C. Naommy and Muninggar Sri Saraswati JakartaThe Ministry of Justice and Human Rights will release terror suspect Abu Bakar Ba'asyir when he completes his jail term on April 30 and deliver him to his family, the minister has said.

RI to hold energy seminar in Russia

RI to hold energy seminar in RussiaFitri Wulandari, The Jakarta Post, Jakarta The Indonesian Embassy to Russia plans to hold a seminar in September on the oil and gas industry to forge a bilateral investment cooperation.

BCA's profit up 61.36%

BCA's profit up 61.36%JAKARTA: Publicly listed Bank Central Asia (BCA) announced on Tuesday that its net profit in the first quarter of this year rose by 61.36 percent to Rp 768.11 billion (about US$90.36 million) from Rp 476.02 billion in the same period last year.

KL rejects U.S, patrols in Strait of Malacca

KL rejects U.S, patrols in Strait of MalaccaHazlin Hassan Agence France-Presse Kuala LumpurMalaysia on Tuesday rejected U.S. anti-terrorism patrols in the Malacca Straits and criticized Singapore for apparently suggesting it was incapable of protecting the crucial waterway.

City allots Rp 10b for final exams

City allots Rp 10b for final exams JAKARTA: The Jakarta administration has disbursed Rp 10 billion (US$1.17 million) to subsidize final exams for 131,846 high school seniors. "The students are mostly from special schools for disabled people, vocational schools and Islamic schools," an official at...

Soeharto suffers digestion bleeding: Doctor

Soeharto suffers digestion bleeding: DoctorMuninggar Sri Saraswati JakartaFormer president Soeharto has to get blood transfusion in the next few days due to internal bleeding on his digestion track but overall his health condition is better than two years ago, a doctor says.

JP/5/caption

JP/5/captionAntaraRIVAL PROTEST: Supporters of East Java's Jember Regent Samsul Hadi Siswoyo square off with opponents during a protest near the Tegalboto campus in the regency. The rowdy protest ended peacefully on Tuesday while the regent read out his accountability report before the local...

Religious leaders should avoid politics

Religious leaders should avoid politicsKurniawan Hari, Jakarta Leaders of social organizations and religious groups should not enter politics or the country risked losing civilian groups to effectively check the performance of the government, analysts say.

Rules of evidence hamper efforts to tackle illegal logging

Rules of evidence hamper efforts to tackle illegal loggingTony Hotland JakartaThe restriction on the types of evidence that are admissible in court is one of the biggest obstacles facing the country in its efforts to stamp out illegal logging, a senior policy advisor to the World Wide Fund for...

The Management and Staff of

The Management and Staff of The Jakarta Post express their deepest sympathy and heartfelt condolences to the family of the late Mr. Barens TH Saragih, former chairman of the Indonesian National Shipowners Association (INSA), who passed away on April 25, 2004. May his soul rest in peace

Tangerang crowns 6 model students

Tangerang crowns 6 model students TANGERANG: Following a series of tests, the Tangerang administration crowned on Monday six students as the "best in the regency".The students are Dwi Mustika Handayani of Puspitek state elementary school in Cisauk, A.

Jakarta Bay pollution

Jakarta Bay pollutionFrom Warta KotaUnlike in the past, the North Jakarta regional environment control agency has now openly admitted the presence of pollution in Jakarta Bay, as recently reported in a Jakarta daily.The pollution of Jakarta's coastal waters is nothing new, in fact.

Chinkara OKs bank merger plan

Chinkara OKs bank merger planAbdul Khalik, The Jakarta Post, Jakarta Bank Pikko, Bank CIC, and Bank Danpac announced on Tuesday that Chinkara Limited Capital, the majority shareholder of the three banks, had agreed to a merger proposal to create a bigger and stronger new bank.

Smooth election unlikely to spark boom: Economist

Smooth election unlikely to spark boom: EconomistRendi A. Witular, The Jakarta Post, Jakarta A smooth general election process is unlikely to lead to a reduction in Indonesia's risk premium nor mark the beginning of an economic boom, global financial advisor Morgan Stanley said.

Rules of evidence cause snags in logging cases

Rules of evidence cause snags in logging casesTony Hotland, Jakarta The restriction on the types of evidence that are admissible in court is one of the biggest obstacles facing the country in its efforts to stamp out illegal logging, a senior policy advisor to the World Wide Fund for Nature (WWF)...

Government to build low-cost homes for squatters

Government to build low-cost homes for squattersThe Jakarta Post, Jakarta The Ministry of Settlement and Regional Infrastructure will build barracks as temporary shelters for 1,546 families living under Rawa Bebek elevated toll road in Penjaringan, North Jakarta, as the city administration prepares...

JP/18/BANTI

JP/18/BANTIBantimurung's butterflies still caught in the net. Fabio Scarpello Contributor MakassarBantimurung is wedged in the mountains 41 kilometers north of Makassar in South Sulawesi. Here a 15-metre cascade of sparkling water gushes out between lushly vegetated limestone cliffs into a stream...

Poll commission misses deadline, blames others

Poll commission misses deadline, blames othersMoch. N. Kurniawan and Ahmad Junaidi, Jakarta The General Elections Commission (KPU) admitted on Tuesday that it would not be able to announce the final results of the April 5 election on schedule due to delays in delivery from its Regional Elections...

Govt sends more families away

Govt sends more families away JAKARTA: Minister of Fisheries and Maritime Affairs Rokhmin Dahuri sent off on Tuesday 35 families from the Banten regencies of Pandeglang and Serang to Majene in South Sulawesi, marking the start of a transmigration program geared toward areas with abundant fishing...

Soeharto suffers digestion bleeding: Doctor

Soeharto suffers digestion bleeding: DoctorMuninggar Sri Saraswati JakartaFormer president Soeharto has to get blood transfusion in the next few days due to internal bleeding on his digestion track but overall his health condition is better than two years ago, a doctor says.

* Soeharto suffers digestion bleeding Page 2

* Soeharto suffers digestion bleeding Page 2 * Religious leaders told to stay away from politics Page 4 * Hundreds of bombs, weapons seized in Poso Page 5 * Fallacies in the thinking of the political elite Page 6 * 40 officials off to Singapore on taxpayers' dime Page 8 * Americans worry about...

Govt launches third bond issue amid strong demand

Govt launches third bond issue amid strong demandUrip Hudiono, The Jakarta Post, Jakarta The government issued on Tuesday bonds worth Rp 3 trillion (US$352.9 million), the third batch of domestic bond issues it has planned for this year to help finance the state budget.

Hundreds of bombs, weapons confiscated in Poso arms searches

Hundreds of bombs, weapons confiscated in Poso arms searchesRuslan Sangadji, Poso A joint police and military unit found at least 168 homemade bombs, 102 firearms and 485 live bullets during three months of door-to-door searches for weapons since January in Poso regency, Central Sulawesi.

Dutch gives $4.4m to RI for election

Dutch gives $4.4m to RI for election JAKARTA: The Dutch government will give a grant of US$4.4 million to the Indonesian government so it can pay for the cost of holding the presidential election in July.

Training new councillors

Training new councillors The cheerful afternoon vote count in Jakarta and suburban areas on April 5 has produced new faces to serve on the Jakarta city council. Two new upstarts, the Prosperous Justice Party (PKS) and the Democratic Party (PD) have provisionally won 18 and 16 seats respectively.

Nabire administration seeks Rp 1.5 trillion for quake victims

Nabire administration seeks Rp 1.5 trillion for quake victimsNethy Dharma Somba, Jayapura Hundreds of residents in Nabire regency, Papua province, are still living in tents in their villages two months after a disastrous earthquake devastated the remote town in February, killing at least 37 people.

checked but please define acronym in bold, thanks

checked but please define acronym in bold, thanksBilateral cooperation in maritime sector offers good future If there is any sector where Indonesia and the Netherlands find common ground, then it's undoubtedly the maritime sector. The future for cooperation looks bright indeed.

Cilacap govt punishes employees

Cilacap govt punishes employees CILACAP, Central Java: Cilacap regency administration has disciplined at least 340 civil servants during the past week for playing truant during working hours.Adi Saroso, secretary to the Cilacap regency administration, said on Tuesday that the irresponsible civil...

Makro opens new store in Palembang

Makro opens new store in PalembangArief Suhardiman/Dewi Santoso, The Jakarta Post, Palembang/Jakarta Wholesaler chain PT Makro Indonesia opened on Tuesday a store in Palembang, South Sumatra, its 14th in the country, and pledged to open more stores this and next year.

3 x 20

3 x 20 Landslide-hit road reopened to traffic after 42 bodies found JP/5/nabire2 x 32 Nabire administration seeks Rp 1.5 trillion for quake victims JP/5/5PLN2 x 26 Batam hit by electricity crisis, 500,000 affected JP/5/bomb2 x 33 Hundreds of bombs and weapons confiscated in Poso arms searches

'Is it worth sacrificing their future?'

'Is it worth sacrificing their future?' The city administration has issued an ultimatum to the effect that the 65 students of the SMP 56 state junior high school in Melawai, South Jakarta, will lose formal academic recognition unless they transfer to other designated schools on Wednesday at the...

Soeharto's illness revealed: It's diverculitis

Soeharto's illness revealed: It's diverculitisMuninggar Sri Saraswati, Jakarta Former president Soeharto has to get blood transfusion in the next few days due to internal bleeding on his digestion track but overall his health condition is better than two years ago, a doctor says.

Minivan drivers oppose competition

Minivan drivers oppose competition BOGOR: Dozens of public minivan drivers working the Parung- Pasar Anyar and Bojong Gede-Pasar Anyar routes went on strike on Monday to protest the recent influx of competitors along their routes, leaving hundreds of commuters stranded.

Batam hit by electricity crisis

Batam hit by electricity crisisFadli, Batam, Riau Batam island has been faced with an electricity crisis since February, inconveniencing more than half million residents. The director of PT PLN Batam, Ery Ifyandri, said on Tuesday the crisis was caused by a shortage of properly working generators...

Testimony sought from Kupang locals

Testimony sought from Kupang locals KUPANG, East Nusa Tenggara: The Australian Federal Police (AFP) recently lodged a request with the East Nusa Tenggara provincial police to allow two Kupang residents to testify in an Australian court over the sinking of a ship loaded with illegal immigrants in...

Bold Priok victims want to testify

Bold Priok victims want to testify JAKARTA: A number of witnesses who were victims of the 1984 Tanjung Priok massacre demanded they be given a chance to testify at the ad hoc human rights tribunal, where a number of the prosecution's witnesses have rescinded earlier testimony.

Study in the Netherlands: Learning the international way

Study in the Netherlands: Learning the international way "The Netherlands is an excellent choice for continuing your studies," said Dina, a high school student in Semarang. Dina is one of many Indonesian students who intend to continue their studies in the Netherlands.

Sutiyoso helps enlist voters

Sutiyoso helps enlist votersDamar Harsanto, Jakarta Governor Sutiyoso has ordered chiefs of neighborhood units (RT) and community units (RW) to actively take part in the registration of eligible voters for the upcoming presidential election on July 5.

Landslide-hit road reopened to traffic after 42 bodies recovered

Landslide-hit road reopened to traffic after 42 bodies recoveredImran Rusli, Padang The Ujung Gading-Panti road connecting Padang and Medan, the capital of North Sumatra, reopened on Monday after the route was cut by a deadly landslide last Friday that left 42 people dead, all passengers on the...

Ambon explodes

Ambon explodes Ambon has proven to be a hot spot that can turn into killing field at anytime, with the likelihood of fierce horizontal and vertical conflicts. The horizontal conflicts are those among the citizens, the vertical, those between the citizens and the Military or police.

JP/Indra Harsaputra

JP/Indra HarsaputraPOSSIBLE VP CANDIDATE: The Golkar Party's presidential candidate Wiranto (left) sits next to Nahdlatul Ulama (NU) leader Hasyim Muzadi at a national meeting of NU clerics in Surabaya, East Java.

Finance minister hopes for annulment of Prudential bankruptcy verdict

Finance minister hopes for annulment of Prudential bankruptcy verdictAbdul Khalik and Urip Hudiono, The Jakarta Post, Jakarta Minister of Finance Boediono hopes the Supreme Court will annul the bankruptcy ruling against PT Prudential Life Assurance on the grounds that the company was a solvent...

Govt holds closed-door meeting on martial law

Govt holds closed-door meeting on martial lawTiarma Siboro, Jakarta Coordinating minister for political and security affairs ad interim Hari Sabarno chaired a closed-door coordination meeting at the Indonesian Military (TNI) on Tuesday to discuss a variety of security issues.

Busan to host 2005 APEC summit

Busan to host 2005 APEC summit SEOUL: A government panel selected on Tuesday South Korea's second-largest city, Busan, as the venue for next year's Asia- Pacific Economic Cooperation (APEC) summit.The biennial summit of 21 Asia-Pacific countries is scheduled for Nov. 20 and Nov. 21, 2005.

;JP;ABDUL;CD

;JP;ABDUL;CD ANPAf..r.. Banks-private-merger Pikko, CIC, Danpac announce a merger JP/13/mergerChinkara OKs bank merger planAbdul Khalik The Jakarta Post JakartaBank Pikko, Bank CIC, and Bank Danpac announced on Tuesday that Chinkara Limited Capital, the majority shareholder of the three banks, had...

Kecamatan Development Program (KDP) helps alleviate poverty

Kecamatan Development Program (KDP) helps alleviate poverty Within the extensive development cooperation program between the Netherlands and Indonesia, the Kecamatan Development Program (KDP) can be highlighted as a best-practice case.

Ministerial decree on remedial exams released

Ministerial decree on remedial exams releasedLeony Aurora, Jakarta The Minister of National Education has issued a decree to officially reinstate second tests for junior and senior high school students who fail their national final examinations this year. Ministerial Decree No.

Nine RI diplomats to monitor RP elections

Nine RI diplomats to monitor RP electionsDeutsche Press-Agentur ManilaAt least 124 foreign diplomats have applied for accreditation to observe the Philippines' general elections next month, the country's poll body said on Tuesday.

Country Profile --- The Netherlands

Country Profile --- The NetherlandsGood governance: (sub-kop) A priority in Dutch development cooperationThe objective of the Netherlands development cooperation policy is to combat poverty in the most sustainable way. Long- term results are given priority over short-term showcases.

During the workshop, participants will be introduced to case

During the workshop, participants will be introduced to case studies and exercises on working capital financing, cash-flow based lending and discounted cash flow techniques. Attention will also be given to the various aspects of monitoring and controlling such lending.

Police complete Gunawan's dossiers

Police complete Gunawan's dossiers JAKARTA: The police have completed dossiers on four suspects involved in the forgery of identity cards for murder defendant Gunawan Santosa. The dossiers were submitted to the Jakarta Prosecutors' Office later in the day, city police detective chief Sr. Comr.

Stock prices on the Jakarat Stock Exchange( in rupiah) on April 27, 2004

Stock prices on the Jakarat Stock Exchange( in rupiah) on April 27, 2004 __________________________________________________________________________ Shares Close Change Trading Volume ___________________________________________________________________________ Abdi Bangsa Tbk 275 0 0 Ades Alfindo Tbk...

TV Program: Wednesday, April 28, 2004

TV Program: Wednesday, April 28, 2004.TB.30" 1.00" TVRI .TB.30" .90" 6:00 a.m. News: Berita Pagi7:00 Children Show7:30 Music8:30 Music: Asyik-Asyik10:00 Entertainment News: Show Biz11:00 Singing Contest: Konteswara12:00 p.m.

Message from the Ambassador:

Message from the Ambassador: In conjunction with the Queen's Day anniversary on April 30, Ambassador of the Netherlands to Indonesia Ruud Treffers consented to a special interview with The Jakarta Post contributor T.

Revised version -- done

Revised version -- done Netherlands, RI like husband and wife: Frans Seda T. Sima Gunawan Contributor Jakarta The relationship between the Netherlands and Indonesia is like the one between a husband and wife, "a love and hate relation," says senior economist and former economics minister Frans Seda.

40 officials off to Singapore

40 officials off to SingaporeMulta Fidrus, Tangerang Forty Tangerang Regency administration officials will spend their weekend in Singapore and it will all be paid for with the taxpayers' money after they engage in a two-day "comparative study" on Batam island, Riau province.

Thai govt holds fair to attract Indonesian tourists

Thai govt holds fair to attract Indonesian touristsDewi Santoso The Jakarta Post JakartaAs part of an effort to attract tourists from Indonesia, the Thai government held a fair on Monday with travel agents and tourism operators from both countries being invited.

Golkar, PDI-P battle for heart, mind of Hasyim

Golkar, PDI-P battle for heart, mind of HasyimThe Jakarta Post, Jakarta, Surabaya The Indonesian Democratic Party of Struggle (PDI-P) and its arch rival, the Golkar Party are beefing up efforts to woo support from Nahdlatul Ulama (NU) -- and its 40 million followers -- in their bid to win the...

Indosat sale opponent tries 'to serve the people'

Indosat sale opponent tries 'to serve the people'Bambang Nurbianto, Jakarta The sale of the government's 41.9 percent stake in state-owned telecommunications company PT Indosat in December 2002 proved to be a galvanizing moment for the company's general manager, Marwan Batubara, who quit his job...

Association to certify life insurance agents

Association to certify life insurance agentsAbdul Khalik, The Jakarta Post, Jakarta The Indonesian Life Insurance Association (AAJI) has issued a policy requiring all life insurance agents across the country to register themselves with the association for training and certification.

RI shares end at record high on earnings reports

RI shares end at record high on earnings reportsDow Jones Jakarta Indonesian shares ended higher on Tuesday as gains in cigarette and mining blue chips on solid first quarter earnings drove the main index to hit a record high, dealers said.

RP raises $400m via bond sale

RP raises $400m via bond sale MANILA: The Philippines raised US$400 million via an offer of global bonds maturing in 2011 and 2014, the Finance Department said on Tuesday.The bonds, based on two earlier issues, were sold to yield 8.184 percent and 8.

Govt to sell 30% BNI stake: Official

Govt to sell 30% BNI stake: OfficialRendi A. Witular and Urip Hudiono, Jakarta The government has decided to sell a maximum 30 percent stake -- not 51 percent as previously announced -- in publicly listed Bank Negara Indonesia (BNI) in the second half of this year, according to a senior official.

Police arrest Norwegian fugitives

Police arrest Norwegian fugitives JAKARTA: A joint team of Indonesian and Norwegian police officers arrested two Norwegian fugitives, Bo Yngvar Eriksen, 30, and Joy Marius Eriksen, 25, in Denpasar, Bali, last Friday.The two reportedly entered Indonesia some time ago on fake passports.

Military candidates questioned

Military candidates questionedFrom Koran TempoWiranto's statement that the real struggle is outside the Golkar Party convention rather than inside the organization, has come into reality with his victory as Golkar's presidential nominee.

Supreme Court hears Gus Dur's complaint

Supreme Court hears Gus Dur's complaint JAKARTA: The Supreme Court will consider the judicial review filed by former president Abdurrahan "Gus Dur" Wahid and the National Awakening Party (PKB) against a General Elections Commission (KPU) health exam ruling which is considered a stumbling block to...

Regent sues paper for libel

Regent sues paper for libel BITUNG, North Sulawesi: Bitung regent Milton Kansil filed a Rp 25 billion (US$ 3.125 million) defamation lawsuit on Tuesday against local daily Global News Manado. It was filed at Bitung district court by Milton's lawyer, James Karinda.