Indonesian Political, Business & Finance News

Archive: 4 May 2004

62 articles found

Two alleged rebels killed

Two alleged rebels killed JAKARTA: The Indonesian Military (TNI) claims to have killed two more Free Aceh Movement (GAM) members and seized eight rifles in an operation on Sunday, an officer said on Monday.Spokesman for the military operation in Aceh Lt. Col.

Padang to host paragliding event

Padang to host paragliding event PADANG, West Sumatra: At least 15 athletes from nine countries and 40 local athletes are slated to participate in an Airwave Fly for Fun event, a paragliding competition, which will take place in Agam district, West Sumatra province from May 16 to May 23, a...

UT's profit drops, sales up

UT's profit drops, sales up JAKARTA: Heavy equipment maker PT United Tractors said its first-quarter profit dropped 25 percent to Rp 48.68 billion (US$5.72 million) due to debt restructuring and weakening currency rates early this year.However, its sales rose 15 percent to Rp 1.

'Destroying perfectly good food is wasteful'

'Destroying perfectly good food is wasteful' To protect farmers and the sugar industry the government has taken a firm stance on the disposal of smuggled sugar. The government has declared that the sugar will be destroyed and not auctioned off, in the hope that smugglers will learn their lesson.

* Afghan girls 'poisoned for going to school' Page 3

* Afghan girls 'poisoned for going to school' Page 3 * Ba'asyir's lawyers warn of 'strong' reactions Page 4 * Boy in bad shape after suicide attempt Page 5 * Towards a better security system Page 7 * Traders await promised review of three-in-one policy Page 8 * Spurs draw first blood against Lakers...

Three laborers die after crane collapses

Three laborers die after crane collapsesEvi Mariani, Jakarta Three construction workers died instantly and three others were injured after a crane, which they were working on, collapsed on Monday at around 10:30 a.m.

Monas tower becomes tourist trap

Monas tower becomes tourist trapThe Jakarta Post, Jakarta A newly installed elevator inside the National Monument (Monas) broke down on Sunday, trapping dozens of visitors on the observation deck of the 132 meter-high building.

Right approach

Right approach would win supportFrom Suara KaryaPoverty is a structural and multidimensional issue involving politics, social welfare and the economy, among other areas. This can be noticed in the low capacity of poor people to earn a living as they lack skills, equipment, capital and decent...

Political contract is needed

Political contract is needed It is interesting to note that Corruption Eradication Commission (KPK) chief Taufiqurrachman Ruki said that presidential and vice presidential candidates should sign a political contract, which would state their readiness -- should they be elected -- to punish...

RI, Iran agree to up flights

RI, Iran agree to up flights JAKARTA: Indonesia and Iran agreed on Saturday to boost cooperation in civil aviation to facilitate and increase flights linking the two countries.The agreement was part of a document signed by Indonesian Minister of Communications Agum Gumelar and Iranian Minister of...

Asian businesses eyeing Iraq

Asian businesses eyeing IraqAgence France-Presse, Singapore Hundreds of businesses across Asia are preparing to invest in Iraq despite the dangers, U.S. officials on a regional roadshow to promote investment in the war-torn country said here on Monday.

Tigers set condition for peace talks

Tigers set condition for peace talksSRI LANKA: Sri Lanka's Tamil Tiger rebels said on Monday they were ready to resume peace talks with the government based on their proposal for power-sharing, a move that could open the door to further discussions.

Indonesia and Russia agree to share classified information

Indonesia and Russia agree to share classified informationFitri Wulandari, Jakarta The governments of Indonesia and Russia have signed a mutual agreement on the exchange of classified information on various issues, including terrorism and military equipment.

Gudang Garam posts higher profit

Gudang Garam posts higher profitThe Jakarta Post, Jakarta Net profit of the country's largest cigarette producer PT Gudang Garam rose slightly by 8.4 percent in the first three months of this year on stronger sales due to election spending and flat excise rates.

Two people shot in Indramayu brawl

Two people shot in Indramayu brawlThe Jakarta Post, Jakarta Two gangs of youth became involved in a brawl late on Saturday in Parean Girang subdistrict, Kandanghaur district, Indramayu regency, leaving two people shot and dozens of houses in the area damaged.

HSBC opens credit card services in Yogyakarta

HSBC opens credit card services in Yogyakarta The Hong Kong and Shanghai Banking Corporation Limited (HSBC) Indonesia has expanded its credit card business to Surakarta in Central Java and Yogyakarta, expecting to net 100,000 customers in the two cities within three to five years.

APRIL launches sustainability report

APRIL launches sustainability report In a bid to help ensure sustainable forest management, APRIL has launched its first sustainability report as a proactive approach to address environmental concerns raised about the company's operation.

Healthy political culture

Healthy political culture From Media Indonesia Recent political developments are disappointing as they demonstrate an unhealthy political culture laden with intrigue and character assassination of one's political foes in an unfair attempt to win support from the public.

RI denied Olympic women's singles bet

RI denied Olympic women's singles betEva C. Komandjaja, Jakarta Indonesia has been deprived of the chance of contending the women's singles in the badminton competition at the next Olympic Games in Athens, following the announcement of the rankings by the International Badminton Federation on...

Part 1 of 2: Plan for oil contractors to offer 10 percent stake to regions

Part 1 of 2: Plan for oil contractors to offer 10 percent stake to regionsT.N. Machmud, Jakarta The Jakarta Post carried a news article under the same title on April 5, 2004 reporting an interview with Iin Arifin Takyan, Director General of Oil and Gas of the Ministry of Energy and Mineral...

Zakki Hakim

Zakki Hakim The Jakarta Post Jakarta Will investment funds from rich European countries to Indonesia decrease in the coming years as a consequence of the European Union (EU) enlargement?According to EU data, the 15 old EU members, known as the EU15, are the world's main source of foreign direct...

KPI seeks public input

KPI seeks public input JAKARTA: The Indonesian Broadcasting Commission (KPI) is seeking input from the public ahead of talks with the government on broadcasting regulations.Commission chairman Victor Menayang said on Monday KPI members would soon meet with government officials to discuss four...

Wiranto's candidacy likely to provoke serious reaction

Wiranto's candidacy likely to provoke serious reactionJusuf Wanandi, Jakarta U.S. Ambassador Boyce was very diplomatic when declaring that he respected Indonesia's processes to elect a president and would accept whatever the result was, so long as the process was fair.

Branding politics -- another advertising phenomenon

Branding politics -- another advertising phenomenonRodney Louis Vincent, Jakarta Having spent the last two years in Jakarta, this is my first taste of Indonesian elections. Not quite what I expected, especially coming from a country like Malaysia where elections are subtle and campaign rallies have...

Toward a better social security system

Toward a better social security systemAlex Arifianto, Jakarta The Indonesian government is currently undertaking a major reform of the country's social security system to provide social security coverage for all citizens, regardless of their income or employment status.

3 x 18

3 x 18 13-year-old boy in bad shape after suicide attempt JP/5/maid2 x 27 Maid reports relative of boss to police for shooting JP/5/5BRAWL1 x 37 Two people shot in Indramayu brawl

Maid reports relative of boss to police for shooting

Maid reports relative of boss to police for shootingThe Jakarta Post, Bandung A 19-year-old domestic filed a complaint with the Bandung Police on Monday against her boss, whom she accused of shooting her with an air rifle. The police immediately detained the suspect.

Soeharto's health improving

Soeharto's health improving JAKARTA: Former president Soeharto's health condition is getting better and no further blood transfusion is necessary, doctors said.Members of his medical team, Pudjo Rahardjo and Winarni Hudoyo, said on Sunday doctors had stopped the blood transfusion as the hemoglobin...

Telkom books 7% rise in Q1 profit

Telkom books 7% rise in Q1 profitThe Jakarta Post, Jakarta Telecommunications firm PT Telkom reported a 7 percent increase in profit in the first quarter, capitalizing on an expanding market for used cellular phone handsets that has attracted more subscribers to its mobile-phone unit.

Ambon talks end in disaray

Ambon talks end in disarayM. Azis Tunny, Ambon A meeting of Christian and Muslim leaders and National Police chief Gen. Da'i Bachtiar ended in disarray here on Monday, after conflicting parties failed to reach an agreement to cease the renewed clashes in Ambon, Maluku.

Two drowned in river accident

Two drowned in river accident MEDAN, North Sumatra: Two people died after they were swept away by a strong current in the Sembahe River in Medan.The accident occurred on Monday when Hariyadi, 20 and his friend Bala Krisna, 22, were swimming in the middle of the river.

APRIL sees brigth future in RI pulp, paper industry

APRIL sees brigth future in RI pulp, paper industryDadan Wijaksana, Singapore Indonesia's pulp and paper industry still has plenty of room for improvement if it wants to be internationally competitive, according to a major player.The Asia Pacific Resources International Holdings Ltd.

Lawyers to sue police over Ba'asyir's abrupt arrest

Lawyers to sue police over Ba'asyir's abrupt arrestP.C. Naommy and Blontank Poer, Jakarta/Surakarta The team of lawyers for Abu Bakar Ba'asyir announced on Monday they would file a pretrial motion against the National Police for procedural violations in connection with their client's arrest last...

Concerted efforts and mutual trust needed for East Asian cooperation

Concerted efforts and mutual trust needed for East Asian cooperationWu Yixue, China Daily, Asia News Network/Beijing The East Asian Community (EAC) is an alluring prospect, although its prototype and methods for realization are still under discussion.

Will mobile banking work for microfinance?

Will mobile banking work for microfinance?Mohamad Nazirwan, Jakarta Mobile banking (M-Banking) is popular among bank customers as it provides huge advantages, one of which is flexibility in banking with no place and time constraints.

Commission announces members in new DPD

Commission announces members in new DPDA. Junaidi, Jakarta The General Elections Commission's (KPU) announcement of the new members of the Regional Representatives Council (DPD) here on Monday was marred by a walkout from Election Supervisory Committee (Panwaslu) members in protest.

M-banking to go beyond checking balance

M-banking to go beyond checking balanceRudijanto, Contributor, Jakarta Using a credit card when you are shopping is very common today, but what if the transaction was conducted by merely clicking some buttons on your cellular phone, showing the phone's screen to the cashier who immediately approved...

Boy drowning in Ancol swimming pool

Boy drowning in Ancol swimming pool JAKARTA: A four-year-old boy, Reza Antaris, drowned in the Riam Jeram swimming pool of Ancol Dreamland Park recreational site, North Jakarta, on Sunday afternoon.The police reported on Monday that the boy, who had visited the pool with his parents, was found...

Your bank is now in your hand

Your bank is now in your handBurhanuddin Abe, Contributor, Jakarta One afternoon a garment wholesaler at the Tanah Abang market, Haji Hasan, received an order worth Rp 50 million (about US$5,875) from a trader in Makassar, South Sulawesi.

HSBC opens credit card services in Yogyakarta

HSBC opens credit card services in Yogyakarta The Hong Kong and Shanghai Banking Corporation Limited (HSBC) Indonesia has expanded its credit card business to Surakarta in Central Java and Yogyakarta, expecting to net 100,000 customers in the two cities within three to five years.

13-year-old boy in bad shape after suicide attempt

13-year-old boy in bad shape after suicide attemptYuli Tri Suwarni, Bandung A 13-year-old boy, Agus Surayana, is reportedly in a bad condition after attempting to kill himself at his grandmother's house in Cisarua, Lembang, near the West Java capital of Bandung.

Lawyer arrested for fraud

Lawyer arrested for fraud DENPASAR, Bali: A woman lawyer has allegedly defrauded Rp 4.3 billion (US$500,000) from mostly foreign clients who were interested in investing in the resort island, a police official says.The Bali Police's chief of detectives, Sr. Comr.

Police to question ex-SMP 56 teachers

Police to question ex-SMP 56 teachers JAKARTA: The Jakarta Police are scheduled to question four SMP 56 state junior high school teachers on Tuesday as witnesses following a complaint filed by the city administration on "an illegal academic activity" at the school on Jl. Melawai Raya, South Jakarta.

All-night shopping to end after promotion period

All-night shopping to end after promotion periodLeony Aurora, Tangerang If it was not 2 a.m., two girls in pajamas pushing trolleys in a hypermarket would strike one as a strange sight indeed. They were, in fact, out on a late-night shopping spree while most normal people slept comfortably in their...

Pertamina aims to boost geothermal capacity

Pertamina aims to boost geothermal capacityFitri Wulandari, Jakarta State-owned oil and gas company PT Pertamina plans to boost the capacity of its geothermal fields within the next six years as the commodity will become an important source of energy in the future amid higher fuel prices and...

Nine police officers named suspects after UMI attack

Nine police officers named suspects after UMI attackAndi Hajramurni, Makassar Police investigators named nine police personnel as suspects on Monday, following a brutal police attack on Saturday at the Indonesia Muslim University (UMI) that seriously injured 65 students.

Migrant workers send less money home

Migrant workers send less money home SEMARANG: The amount of money sent home by Central Java migrant workers last year increased to Rp 1.497 trillion (US$ 187.1 billion), slightly higher than the year 2002, when they sent home Rp 1.409 trillion.

Thieves break into PPP official's car

Thieves break into PPP official's car JAKARTA: Auto thieves broke the left front window of a Sangyong sedan belonging to United Development Party (PPP) Jakarta branch leader Endin AJ Soefihara on Sunday.

Denmark, U.S. arrive for Thomas, Uber Cups

Denmark, U.S. arrive for Thomas, Uber CupsEva C. Komandjaja, Jakarta Denmark and the United States were the first teams to arrive here for the Thomas and Uber Cup badminton championships, which begin at the Bung Karno Indoor Stadium on Friday.

'Gedung Imigrasi' renovation halted

'Gedung Imigrasi' renovation haltedBambang Nurbianto, Jakarta The Jakarta Culture and Museums Agency has temporarily halted its renovation work at the old immigration office on Jl. Teuku Umar, Central Jakarta, due to a serious mistake in the plans which has led to damage being inflicted on the...

Bantimurung's butterflies still caught in the net

Bantimurung's butterflies still caught in the netFabio Scarpello, Contributor, Makassar Bantimurung 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 that flows...

'RI press freedom under threat'

'RI press freedom under threat'Kurniawan Hari, Jakarta In marking World Press Freedom Day on Monday, a press organization noted that the press here is still regarded as "the enemy". Also, it noted that under martial law in Nanggroe Aceh Darussalam, the Free Aceh Movement (GAM) was just as bad as...

KPC unit to issue bonds

KPC unit to issue bonds JAKARTA: Cherosh Holding B.V., a Holland-based investment unit of coal producer PT Kaltim Prima Coal (KPC), plans to issue guaranteed bonds to finance KPC working capital and debts.

Hasyim best man for Mega: Hamzah

Hasyim best man for Mega: HamzahM. Taufiqurrahman, Jakarta United Development Party (PPP) leader Hamzah Haz has put an end to speculation about his future with the Indonesian Democratic Party of Struggle (PDI-P), saying the ruling party will name Nahdlatul Ulama (NU) head Hasyim Muzadi its vice...

Emirates vows to expand service to Asia

Emirates vows to expand service to AsiaZakki Hakim, Dubai, UAE Emirate Airlines vows to expand its service in East and Southeast Asia, including Indonesia, hoping to garner more revenue from the fast-growing market.

50 teachers killed in Aceh in armed conflict since 1999

50 teachers killed in Aceh in armed conflict since 1999 The Jakarta Post JakartaAt least 50 teachers assigned to the province of Nanggroe Aceh Darussalam (NAD) have been killed in the armed conflict there between 1999 and 2003.

Fifty teachers killed in Aceh since 1999

Fifty teachers killed in Aceh since 1999The Jakarta Post, Jakarta At least 50 teachers assigned to the province of Nanggroe Aceh Darussalam (NAD) have been killed in the armed conflict there between 1999 and 2003.

National salvation?

National salvation?From Koran TempoAs a citizen who is still optimistic that Indonesia's present conditions will improve, I am sure the nation needs model leaders who listen to public aspirations as a precondition.

Three laborers died of falling from tower crane

Three laborers died of falling from tower craneEvi Mariani, Jakarta Three construction workers died instantly and three others were injured after a tower crane, where they were working on, collapsed on Monday at around 10:30 a.m.

Glodok traders to wait for 3-in-1 review

Glodok traders to wait for 3-in-1 reviewUrip Hudiono, Jakarta Traders in the Glodok business district, West Jakarta, are waiting until the Jakarta administration completes its evaluation of the three-in-one policy in June before deciding on further actions to demand an adjustment in its hours of...

PDS supporters violate maximum donation rule: KPU

PDS supporters violate maximum donation rule: KPUMoch. N. Kurniawan, Jakarta The General Elections Commission has released a list of individual donors to the political parties that contested the legislative election, which shows that the Prosperous Peace Party (PDS) exceeded the rule stating that...

New EU investment coming next year: EC

New EU investment coming next year: ECZakki Hakim, Jakarta Will investment funds from rich European countries to Indonesia decrease in the coming years as a consequence of the European Union (EU) enlargement?According to EU data, the 15 old EU members, known as the EU15, are the world's main source...