Indonesian Political, Business & Finance News

Archive: 28 May 2004

70 articles found

Palu prosecutor gunned down

Palu prosecutor gunned downRuslan Sangadji and Irvan NR, Palu In the latest mystery shooting in Central Sulawesi, a prosecutor who dealt with terrorism cases was gunned down in the provincial capital of Palu, his wife and police said on Thursday.Ferry Silalahi was shot dead at around 10:15 p.m.

Toll operator demands eviction

Toll operator demands eviction JAKARTA: Toll road operator PT Jasa Marga repeated its demand to the South Jakarta administration to evict residents of an area that is part of the Veteran-Ulujami toll road project.Five landowners still refuse to sell their land for Rp 2.

Speaking out about democracy through photos

Speaking out about democracy through photosIvy Susanti, Jakarta For a very tiny segment of Indonesian society, democracy falls short of freedom of speech and self-expression. Some people say democracy is something provided by the government, and the majority of the people constitute the government...

Education reform could reduce unemployment among graduates

Education reform could reduce unemployment among graduatesAziz, Kuala Kencana, Papua The rate of university-educated unemployment in Indonesia is at an alarming level and James Alderson, in his article on May 22, analyzed the reasons why many graduates in Indonesia remain unemployed, focusing...

Presidential exploitation on the tortured housemaid

Presidential exploitation on the tortured housemaidKornelius Purba, Staff Writer, The Jakarta Post, purba@thejakartapost.com President Megawati Soekarnoputri was evidently "frustrated" by the silence of Martha Toni, the mother of Nirmala Bonat, an Indonesian housemaid working in Kuala Lumpur, whose...

Fiji book finals berth with crushing defeat of Indonesia

Fiji book finals berth with crushing defeat of IndonesiaThe Jakarta Post, Jakarta After an impressive Round 1 victory over Pacific rival Tonga, Fiji on Wednesday asserted further dominance over the ICC EAP Cricket Challenge in Fuji City, defeating Indonesia by 240 runs.

Compatible candidates?

Compatible candidates?From Media IndonesiaIn their search for partners in leading the nation, the presidential candidates have not described their political platforms nor working programs for the further development of the country.

DONE

DONEThe Italian Trade Commission activities in Indonesia Italy and Indonesia are long-standing and solid trade partners. Last year, the value of the trade between the two countries reached 1,469 million euro, with a surplus of 664 million euro in favor of Indonesia.

JP/5/RULI

JP/5/RULISquatters a threat to investment climate in BatamFadli BatamThe rapid population growth in Batam has caused the number of temporary houses occupied by squatters to reach 40,000 units. Based on data from the Batam Industrial Development Authority (BIDA) in 2002, the city's population was...

OPEC may raise output limit in Beirut

OPEC may raise output limit in BeirutThe Jakarta Post, Jakarta OPEC may raise its oil output limit by more than 2 million barrels per day (bpd) when the group meets in Beirut next month as part of efforts to help bring down soaring oil prices, OPEC's president Purnomo Yusgiantoro said on Thursday.

Olympic gold medalist promised Rp 1 billion

Olympic gold medalist promised Rp 1 billionEva C. Komandjaja, Jakarta Indonesia's Olympic hopefuls have been promised a windfall of bonuses if they can win a medal at the 2004 Olympics in Athens next August.

RP GDP grew 6.4% in Q1, topping forecasts

RP GDP grew 6.4% in Q1, topping forecasts Brisk consumer spending and a buoyant farm sector output pushed Philippine economic growth above forecasts to 6.4 percent from a year earlier in the three months to March, officials said on Thursday.

TNI promotes Aceh commander

TNI promotes Aceh commanderYuli Tri Suwarni, Bandung Aceh military operation commander Maj. Gen. George Toisuta will soon be promoted to head the first division of the Army's Strategic Reserves Command, the Indonesian Military (TNI) spokesman said."It is just a routine rotation," Maj. Gen.

Antam considers new financing schemes for bauxite project

Antam considers new financing schemes for bauxite projectTony Hotland, Jakarta After canceling a rights issue late last month, mining company PT Aneka Tambang (Antam) is considering other schemes to finance its bauxite mining project in Tayan, West Kalimantan.

Growth may weaken

Growth may weaken Indonesia's overall economic performance in the first quarter, as reported by the Central Statistics Agency this week, was slightly better than what most analysts expected, growing 4.46 percent in real terms from the same period last year.

New Batam market inaugurated

New Batam market inaugurated BATAM, Riau: Sei Jodoh market in downtown Batam was inaugurated on Thursday by Batam Mayor Nyat Kadir.The first part of the building has been completed and can house at least 700 traders, while the second part is almost finished and will be able to house 900 traders.

Message from the Italian Ambassador to Indonesia

Message from the Italian Ambassador to IndonesiaH.E. Francesco M. Greco on the occasion of Italian National Day June 2, 2004 Italian National Day marks the anniversary of June 2, 1946, the day on which, through a historical referendum, the people of Italy opted for a republic as its form of...

Rp 1m needs each day to clean graffiti

Rp 1m needs each day to clean graffiti BOGOR: The sanitary and parks agency disburses Rp 1 million (US$111) per day to clean the walls of historical sites that are repeatedly vandalized, an official of the agency said on Thursday.

River overflows in Cirebon, two women swept away

River overflows in Cirebon, two women swept awayNana Rukmana, Cirebon, West Java The Cipager River, Sumber district, overflowed on Wednesday afternoon, sweeping away two women, one of whom survived, while the other was still missing as of Thursday afternoon.

Fallacies of nationalism-Islamism alignment

Fallacies of nationalism-Islamism alignmentJ. Soedjati Djiwandono, Jakarta In a year-end analysis in this newspaper on Dec. 30, 2003, entitled Ideological rivalry dogs national politics, I wrote that "the post-2004 election ideological alignment of Indonesian politics is likely to remain an...

Stock prices on the Jakarta Stock Exchange (in rupiah) on May 27, 2004

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

Police summon three suspects of mangrove felling case

Police summon three suspects of mangrove felling caseEvi Mariani, Jakarta Three suspects summoned for questioning in connection with the illegal mangrove felling case failed to appear on Thursday citing various personal excuses, police said.

KPU selects four firms for ballot printing

KPU selects four firms for ballot printingM. Taufiqurrahman and Abdul Khalik, Jakarta The General Elections Commission (KPU) has picked the first four firms to print at least 151 million ballot papers for the presidential election.

Rupiah Rates May 27

Rupiah Rates May 27 Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 6,905.09 6,190.33 6,582.57 6,512.62 Brunei dollar 1 5,688.87 5,100.61 5,423.15 5,366.17 Canadian dollar 1 7,107.34 6,373.80 6,775.37 6,705.65 Swiss franc 1 7,663.80 6,872.64 7,305.84 7,230.

Illegal logging escalating: Police

Illegal logging escalating: PoliceAbdul Khalik, Jakarta Illegal logging cases investigated by police in the first quarter of 2004 almost doubled compared to the same period of 2003, police said on Thursday.National Police director of special crimes Brig. Gen.

OPEC may raise output limit in Beirut

OPEC may raise output limit in BeirutThe Jakarta Post Jakarta OPEC may raise its oil output limit by more than 2 million barrels per day (bpd) when the group meets in Beirut next month as part of efforts to help bring down soaring oil prices, OPEC's president Purnomo Yusgiantoro said on Thursday.

The fate of the workers

The fate of the workers Occupational accidents are commonplace here, but Monday's fatal accident, which claimed the lives of eight workers at a construction project in Sunter Agung, North Jakarta was particularly disturbing.

Hasyim visits clerics in Lombok

Hasyim visits clerics in Lombok MATARAM, West Nusa Tenggara: Nahdlatul Ulama chairman and election candidate Hasyim Muzadi visited some 20 clerics and ulemas on the West Nusa Tenggara island of Lombok on Thursday.

BIN says ICG's Jones cannot stay

BIN says ICG's Jones cannot stayFabiola Desy Unidjaja and Abdul Khalik, Jakarta State Intelligence Agency (BIN) chief A.M. Hendropriyono said security authorities might not extend the work permit of International Crisis Group (ICG) director Sidney Jones, claiming she had tarnished the country's...

Persita keeps winning run over PSM

Persita keeps winning run over PSMMulta Firdaus, Tangerang After a 3-0 rout of Persipura last week, Persita continued its winning streak with a 3-1 victory over PSM in their Indonesian soccer league match, which was marred by scuffles on Thursday.

Policeman discharged over UMI campus attack

Policeman discharged over UMI campus attackAndi Hajramurni, Makassar A police code of ethics committee dishonorably discharged an officer on Thursday for his role in a brutal attack on the Makassar-based Indonesian Muslim University (UMI) that injured 65 students.First Brig.

'Sports city' still distant dream

'Sports city' still distant dreamThe Jakarta Post, Jakarta Any hopes of turning Jakarta into a "sports city" will remain little more than dreams if the city administration does not provide adequate infrastructure.University of Indonesia sociologist Imam B.

Passengers survive plane accident

Passengers survive plane accident PONTIANAK, West Kalimantan: A Cessna airplane crashed into a swamp near Supadio airport here, following an emergency landing due to engine problems.The pilot and all four passengers aboard the five-seater aircraft survived but suffered minor injuries in the...

Workers enjoy higher wages

Workers enjoy higher wages SAMARINDA, East Kalimantan: The monthly minimum wage in East Kalimantan province has been increased 6.03 percent from Rp 540,000 (US$ 60) last year to Rp 572.562 this year, an official revealed on Thursday.

Gold price in the local market to continue rise

Gold price in the local market to continue riseZakki P. Hakim Jakarta A combination of a falling rupiah and the rising international price of gold is pushing the price of the commodity up in the local market.

Govt may delay privatization program: Official

Govt may delay privatization program: OfficialRendi A. Witular, Jakarta The government may delay the sale of shares in a number of state-owned firms, including giant Bank Mandiri, this year, due to current uncertainties in the financial market, according to a senior official.

Villagers in GAM stronghold face no-man's-land

Villagers in GAM stronghold face no-man's-landNani Afrida, Banda Aceh "Free Aceh Sumatra!," shouted several guerrilla rebels of the Aceh Free Movement (GAM), during a ceremony for the release of 155 hostages, including RCTI cameraman Ferry Santoro, in a village in East Aceh regency recently.

Rupiah continues to fall as other currencies recover

Rupiah continues to fall as other currencies recoverDadan Wijaksana, Jakarta The rupiah continued to falter on Thursday and ended at a fresh 19-month low, showing no sign of a rebound at a time when other currencies in the region started to regain ground against the U.S. dollar.

The Babelan oil refinery, which refines the crude produced by the

The Babelan oil refinery, which refines the crude produced by the drilling platforms, is located 25 kilometers north of Bekasi and 40 kilometers northeast of Jakarta, and is capable of producing 424 million barrels of oil and 3.34 trillion cubic feet of gas from its 16 rigs.

[b]Government may

Government may delay privatization program: Official 2. Astra (2x30)Astra to allocate $120m for share purchase, capex3. US (1x40) U.S. economy grows 4.4% in first quarter3. Opec (1x37) OPEC may raise output limit in Beirut4. BNI (1x30) BNI cancels dollar debt issue 5.

* Fallacies of nationalism-Islamism alignment Page 2

* Fallacies of nationalism-Islamism alignment Page 2 * Illegal logging escalating Page 4 * River overflows, two women swept away Page 5 * Presidential exploitation on the tortured housemaid Page 6 * City to demolish Tanah Abang market Page 8 * Federer edges out Kiefer to set up Kuerten showdown...

BNI cancels dollar debt issue

BNI cancels dollar debt issue State-controlled Bank Negara Indonesia (BNI), the country's second-largest bank in terms of assets, said it would postpone a planned dollar-denominated bond issue amid rising economic uncertainty as a result of the falling rupiah.

Pertamina assigned to sell LNG to S.Korea, Taiwan

Pertamina assigned to sell LNG to S.Korea, TaiwanFitri Wulandari, The Jakarta Post, Jakarta The Oil and Gas Implementing Body (BP Migas) has appointed state oil and gas company PT Pertamina as the sole agent to market Indonesian liquefied natural gas (LNG) to South Korea and Taiwan.

Komnas HAM asked to help with Gus Dur saga

Komnas HAM asked to help with Gus Dur sagaMuninggar Sri Saraswati, Jakarta In its latest display of loyalty to its disqualified presidential candidate Abdurrahman "Gus Dur" Wahid, the National Awakening Party (PKB) sought on Thursday assistance from the National Commission on Human Rights (Komnas...

'Busway and monorail, the best solutions'

'Busway and monorail, the best solutions' In an attempt to ease the capital's chronic traffic problems, the Jakarta administration has asked investors to contribute to the high-cost construction of new busway and monorail projects.

Rupiah Rates May 27

Rupiah Rates May 27 Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 6,905.09 6,190.33 6,582.57 6,512.62 Brunei dollar 1 5,688.87 5,100.61 5,423.15 5,366.17 Canadian dollar 1 7,107.34 6,373.80 6,775.37 6,705.65 Swiss franc 1 7,663.80 6,872.64 7,305.84 7,230.

Where to go in Jakarta: Saturday, May 22, 2004

Where to go in Jakarta: Saturday, May 22, 2004Exhibitions* Painting A Street called Margutta by Remo Rapetti at Multifunctional Room, Istituto Italiano di Cultura, Jl.H.O.S Cokroaminoto No. 117, Central Jakarta, until May 30.

* Fallacies of nationalism-Islamism alignment Page 2

* Fallacies of nationalism-Islamism alignment Page 2 * Illegal logging escalating Page 4 * River overflows, two women swept away Page 5 * Presidential exploitation on the tortured housemaid Page 6 * City to demolish Tanah Abang market Page 8 * Federer edges out Kiefer to set up Kuerten showdown...

City to demolish Tanah Abang market

City to demolish Tanah Abang marketBambang Nurbianto, Jakarta The Jakarta administration is set to demolish at least four blocks of Tanah Abang market in Central Jakarta, ordering city- owned market operator PD Pasar Jaya to find a location to accommodate thousands of traders during the market...

Gold price in the local market to continue rise

Gold price in the local market to continue riseZakki P. Hakim, Jakarta A combination of a falling rupiah and the rising international price of gold is pushing the price of the commodity up in the local market.

DONE

DONE IBAI, an Italian presence in Indonesia The Italian Business Association in Indonesia wishes to mark the Italian National Day in the spirit of the continued cooperation between Italy and our host country, Indonesia.

Message from the Italian Ambassador to Indonesia

Message from the Italian Ambassador to Indonesia H.E. Francesco M. Greco on the occasion of Italian National Day June 2, 2004Country Profile: Italy -- June 2Italian National Day marks the anniversary of June 2, 1946, the day on which, through a historical referendum, the people of Italy opted for a...

Govt provides homes for journalists

Govt provides homes for journalists JAKARTA: At least 1,000 low-cost houses will soon be built in Tambun, Bekasi, to accommodate journalists.Officiating at the ground-breaking for the project on Wednesday, Ministry of Settlement and Regional Infrastructure director general of housing, Syarifudin...

New bomb scare hits Lampung council

New bomb scare hits Lampung councilOyos Saroso HN, Bandarlampung A suspicious package found on Thursday in the office of the Lampung legislative council speaker prompted councillors and staff to flee in panic, fearing that it was a bomb.

Author Pramoedya to receive award

Author Pramoedya to receive award JAKARTA: Noted author Pramoedya Ananta Toer has been named the 2003 Freedom of Expression Award winner by the Norwegian Authors' Union for his contribution to the literary world and struggle for the people's right to freedom of expression.

Crackdown on NGOs arbitrary: Activists

Crackdown on NGOs arbitrary: ActivistsMuninggar Sri Saraswati, Jakarta Rights activists warned on Thursday against cracking down on non- governmental organizations (NGOs) that were critical of government policies, as the move would tarnish the country's fragile democracy.

Civil servants flout rules to join campaign teams

Civil servants flout rules to join campaign teamsHasrul, Kendari The Southeast Sulawesi General Elections Commission (KPUD) has rejected several campaign teams proposed to back presidential candidates as they include civil servants, such as the deputy mayor of Kendari and other senior officials.

Integrity is all they have

Integrity is all they have Appreciation and admiration should go to the panel of judges at the state court in Padang, West Sumatra, who handed down unprecedented guilty verdicts on May 18 to 43 provincial councillors for graft. They were given jail terms of between 24 and 37 months.

Mayor requests Rp 21b for land for bus terminal

Mayor requests Rp 21b for land for bus terminalBambang Nurbianto, Jakarta The East Jakarta administration has proposed that Rp 21 billion (US$2.26 million) for land acquisition for the construction of the Pulo Gebang bus terminal in East Jakarta be included in its revised budget for 2004.

Wijaya, defender of Balinese style

Wijaya, defender of Balinese styleMarilyn August, Associated Press/Sanur, Bali The former tennis pro is the doyen of Asian landscape designers and the self-appointed watchdog of Balinese style.The 51-year-old Australian-born Michael White -- who now goes by the Hindu name of Made Wijaya -- is...

Astra to allocate $120m for share purchase, capex

Astra to allocate $120m for share purchase, capexRendi A. Witular, Jakarta Automotive kingpin PT Astra International said it would allocate a huge amount in funds this year to purchase more shares in subsidiaries and for capital expenditure.

Power or responsibility

Power or responsibilityFrom Suara Karya It is regrettable that several members of Megawati Soekarnoputri's Cabinet have tendered their resignations because they have decided to join the presidential race either as presidential or vice presidential candidates.

Doctors question hospital plan for Thousand Islands

Doctors question hospital plan for Thousand IslandsLeony Aurora, Jakarta Medical staff are questioning the Thousand Islands regency administration's plan to build a hospital in Pramuka island, saying that it will be too expensive, hence impractical, to maintain.

Mega bemoans shrinking Cabinet

Mega bemoans shrinking CabinetFabiola Desy Unidjaja and Moch. N. Kurniawan, Jakarta President Megawati Soekarnoputri complained for a second time about ministers who quit the Cabinet to challenge her in the coming presidential election, saying their departure had weakened her government.

Antam considers new financing schemes for bauxite project

Antam considers new financing schemes for bauxite projectTony Hotland Jakarta After canceling a rights issue late last month, mining company PT Aneka Tambang (Antam) is considering other schemes to finance its bauxite mining project in Tayan, West Kalimantan.

BRI net profit rises 46%

BRI net profit rises 46% JAKARTA: State-owned PT Bank Rakyat Indonesia said its first quarter net profit rose 46 percent on year due to an increase in net interest income.The nation's fourth-largest bank booked a net profit of Rp 1.

Three named suspects in collapsed showroom case

Three named suspects in collapsed showroom caseEvi Mariani, Jakarta Police have detained two of three suspects over the collapse of a furniture showroom in Sunter Agung, North Jakarta, for allegedly violating Article 359 of the Criminal Code on death caused by negligence.Jakarta Police spokesman Sr.

Election security too high: Agum

Election security too high: Agum JAKARTA: Vice presidential candidate nominated by the United Development Party (PPP) Agum Gumelar complained on Thursday of special protection from the National Police for presidential and vice presidential candidates.

Oil-rich Babelan residents poor

Oil-rich Babelan residents poorWahyuana, Bekasi Abdul Somad expects no harvest this year as most of the rice he sowed on his 1,500 square meter patch have failed to produce grains."The heat produced by (state oil company) Pertamina's oil well has caused my crop to fail," said the 40-year-old farmer...

Instability, elections hinder poverty reduction

Instability, elections hinder poverty reductionStevie Emilia, Shanghai Current instability and the upcoming presidential elections in Indonesia constitute the main hindrance to the national target of halving the poverty rate, economists here said.