Indonesian Political, Business & Finance News

Archive: 21 August 2004

95 articles found

BI defends inflation target amid doubt

BI defends inflation target amid doubt Dadan Wijaksana, The Jakarta Post/Jakarta The central bank expressed optimism on Friday that the newly unveiled long-term inflation target of 3 percent was "within reach" amid the nation's relatively improved macroeconomic condition. Aslim Tadjudin, Bank Indonesia deputy governor, stated that even though the target was for a ten-year period, the inflation rate could likely be reduced to 3 percent in the next five to seven years.

"Honestly, we must increase the surcharge now, but it would be

"Honestly, we must increase the surcharge now, but it would be odd if we did it in the middle of this situation." --Garuda business manager Bachrul Alam

Industrial firms asked to make water catchment system

Industrial firms asked to make water catchment system Multa Fidrus The Jakarta Post/Tangerang Tangerang administration has asked all industrial firms to establish water catchments in their factory compounds in an effort to anticipate water shortages during the dry season and floods during the rainy season. Mayor Wahidin Halim said earlier this week that the water catchment system would help preserve the environment in the municipality.

Soldier found dying in Tangerang

Soldier found dying in Tangerang TANGERANG: Second Sgt. Daeng Saenudin, a 25-year-old Army soldier, was found, almost dead, with five gunshot wounds on Jl. Raya Serpong, Tangerang regency on Thursday evening. Tangerang Police detectives chief Adj. Comr. Asep Adi Saputra confirmed the shooting but said that the police do not have any clue yet as to who the perpetrator was or the motive. "We are still investigating the case.

Coffee culture in Bengkulu

Coffee culture in Bengkulu The pungent aroma of coffee filled the afternoon air in Curup, a cool hill town some 85 kilometers northeast of Bengkulu, the capital of the province of the same name. "Bengkulu coffee is 100 percent pure, not mixed with corn flour or anything. It tastes even better than Lampung coffee," boasted Sudiyono, my driver and guide.

Singaporean neurologist pays tribute to noted writer Mochtar Lubis

Singaporean neurologist pays tribute to noted writer Mochtar Lubis Noted journalist and writer Mochtar Lubis, who passed away on July 2, was not only admired by many at home, but also abroad, including a Singaporean neurosurgeon. James C.M. Khoo of Mt. Elizabeth Medical Center in the island- state, a physician to Mochtar and his wife Halimah who passed away three years ago, sent a letter to The Jakarta Post recently to share his memories of close friend Mochtar.

'I would rather be Japanese'

'I would rather be Japanese' Indonesians recently celebrated Independence Day on Aug. 17. Despite the festivities, many people still complain about poor access to education and many important infrastructure projects continue to be sidelined by the government. A recent study reveals the country's teacher absenteeism rate is the third- highest in the world, with low teachers' salaries given as the main cause.

1. BNI (3x12)

1. BNI (3x12) BNI H1 profit jumps to Rp 1.54t 2. Texmac (2x17) Texmaco units operate at 20% capacity 3. Retail (1x33) APRI to open retail business school 4. Mandir (2x15) Mandiri expects profit up 35%

S'pore investing strongly in Asia

S'pore investing strongly in Asia SINGAPORE : Singapore's investments overseas slipped a marginal 0.5 percent to US$159 billion in 2002, with nearly half in Asia, Department of Statistics (DOS) data showed on Friday. China, Malaysia, Hong Kong and Indonesia were the top destinations for Singapore's investments in 2002, the most recent period in which complete statistics were available.

Local teen flick withdrawn after Muslim leaders' protest

Local teen flick withdrawn after Muslim leaders' protest Fabiola Desy Unidjaja, The Jakarta Post/Jakarta After weeks of controversy, the government-sanctioned Film Censorship Institute (LSF) pulled local movie Buruan Cium Gue (Kiss me quick) from cinemas. LSF chairwoman Titie Said said the institute withdrew its approval of the film on the grounds that it had "disrupted public order". "We have to listen to aspirations from the public.

Bylaw irks pedicab drivers

Bylaw irks pedicab drivers Multa Fidrus, The Jakarta Post/Tangerang More than 1,000 becak (pedicab) drivers in Tangerang municipality demonstrated on Friday against a bylaw that limits the areas in which they can operate. Carrying red-and-white flags, they arrived at Tangerang City Hall after marching across the city since morning, causing heavy traffic jams. They managed to force their way through the City Hall gates after scuffling with security guards who had been guarding the gates.

The truth about the

The truth about the Buyat Bay incident Having read various articles and reports published recently in several mass media including The Jakarta Post about the Buyat Bay incident in which mining company PT Newmont was involved, I would like to present some facts pertaining to the matter. No modern gold processing outfit uses mercury.

Chinese tourists detained as kidnapping suspects

Chinese tourists detained as kidnapping suspects Evi Mariani The Jakarta Post/Jakarta The Jakarta Police arrested three Chinese citizens for robbing three Indonesian traders -- who own shops at Blok M Mall, South Jakarta -- and for kidnapping one of them. The police arrested Lin Yongfei, 25, Lin Yongfeng, 23, and Feng Shigui, 23, on Aug. 14, after they received a complaint from Magdalena, the daughter of Hioe Siet Phin, 48, one of the three Indonesian traders.

Kendari councillors booked for graft

Kendari councillors booked for graft Hasrul, The Jakarta Post/Kendari Defying protests, prosecutors here on Friday night arrested almost all members of the Kendari legislative council charged with involvement in a Rp 1 billion (US$106,382) graft case. Twenty-two of the 25 councillors were taken at around 9:30 p.m. to the Punggolaka Penitentiary in Kendari, the capital city of Southeast Sulawesi province, shortly after being grilled for hours in connection with the scam.

HI fountain shuts down due to cut cable

HI fountain shuts down due to cut cable After keeping the whole affair silent for the last two weeks, the Jakarta administration claimed on Thursday that someone had tried to steal a power cable attached to the giant fountain at the Hotel Indonesia traffic circle, and that was why it was not operating.

Etiquette course opens to public

Etiquette course opens to public YOGYAKARTA: Following a successful conclusion to a recent etiquette course for children, Novotel Hotel Yogyakarta is now offering the same course for students and the public on Aug. 28 from 10 a.m. to 2 p.m. "The course will be led by professional etiquette instructors," Novotel public relations assistant manager Dyah Retno Wikan said, adding that the course was designed to teach internationally recognized table manners.

2 heads

2 heads 1. SCHOOL -- 1 x 42 Teachers provide schooling for remote hamlet 2. COCO -- 1 x 42 Coconut oil proves a powerful cure-all

Two silvers, two different countries

Two silvers, two different countries Raf Casert Associated Press/Athens Eight years after Atlanta, the color of Mia Audina's Olympic medal may be the same - silver. Just about everything else in her life is different. The badminton player who won her first Olympic medal at Atlanta as a 16-year-old prodigy for Indonesia earned second place on Thursday as a seasoned adult for her adopted country the Netherlands.

Coconut oil proves a powerful cure-all

Coconut oil proves a powerful cure-all Slamet Susanto, The Jakarta Post, Yogyakarta While most babies his age were crawling around and getting frequent cuddles from their parents and relatives, 14-month-old Farhan had to bear the excruciating itch of eczema. The condition of Farhan, whose rash covered almost his entire body, disturbed his uncle, Muhammad Amien, who tried to think of a way to help his beloved nephew.

Mayor implicated in graft

Mayor implicated in graft Abdul Khalik, The Jakarta Post/Jakarta After three sessions of questioning, the Attorney General's Office said on Friday it was close to naming East Jakarta mayor Koesnan A. Halim a suspect in a toll road scam.

GKJ festival a feast for culture vultures

GKJ festival a feast for culture vultures Stevie Emilia, The Jakarta Post, Jakarta A ballet performance by Namarina dance company launched the 7th Gedung Kesenian Jakarta International Festival 2004 on Friday, kicking off what promises to be a two-week cultural feast for arts lovers here.

The truth about the Buyat Bay incident

The truth about the Buyat Bay incident Having read various articles and reports published recently in several mass media including The Jakarta Post about the Buyat Bay incident in which mining company PT Newmont was involved, I would like to present some facts pertaining to the matter. No modern gold processing outfit uses mercury.

*Party cadres reject coalition Page 2

*Party cadres reject coalition Page 2 *Govt told to focus on finding source of contamination Page 4 *Losing candidates suffer depression Page 5 *Analyzing the collapse of bridges in Indonesia Page 6 *City wants Rp 9b for extinguishers Page 8 *Iraqi fighters offer Najaf concessions, 77 killed Page 9 *Agassi advances to Washington quarters Page 10 *BNI H1 profit jumps to Rp 1.54t Page 13 *Deng Xiaoping's legacy not cherished by all Page 20

BNI profit jumps to 1.54t

BNI profit jumps to 1.54t The Jakarta Post, Jakarta After being hit by a high-profile loan scandal that trimmed its net profit last year, state-owned Bank Negara Indonesia (BNI) recorded a threefold increase in first half net profit as against the same period last year.

Steady hands against bird flu

Steady hands against bird flu When it comes to the mysterious and debilitating pandemics that have afflicted East Asia in recent times, from the SARS virus to bird flu, Malaysia has led a seemingly charmed life. It is important to note again that Malaysia's relative immunity to trans-boundary contagions such as avian flu has not been due to sheer luck but diligent pre-emption.

[b]

Analyzing the collapse of bridges in Indonesia Sohei Matsuno Palembang 2. Yale21 -- Coping with world population boom and bust 2 x 30 Coping with the consequences of world population boom and bust Joseph Chamie Yale Center for the Study of Globalization. New York

TV Today: Saturday, August 21, 2004

TV Today: Saturday, August 21, 2004 TVRI 6:00 a.m. News: Berita Pagi 7:00 Children Show: Pentas Ceria 7:30 Religious Teachings 8:00 Talk Show: Sehat Ala Hembing 9:00 Religious Teachings 10:00 Talk Show 11:30 Battle of Wits 1:00 p.m.

Subterfuge at Semen Gresik

Subterfuge at Semen Gresik There is only a very slim chance that Indonesia might win its dispute with Mexican cement company Cemex SA over the foreign firm's investment in state-controlled PT Semen Gresik (SG), which is undergoing arbitration proceedings at the International Center for the Settlement of Investment Disputes (ICSID) in Washington. An out-of-court settlement is thus the best, least costly solution, as opposed to a messy, costly and protracted litigation process.

Better care for retirees needed, expert says

Better care for retirees needed, expert says Evi Mariani, The Jakarta Post/Jakarta A retired employee from the state oil and gas company PT Pertamina was found dead in his bed on Wednesday by police after neighbors complained of a terrible odor coming from the house in Jatiasih, Bekasi. Cipto Barus was 56. The police have initially put the cause of death as illness.

Five years sought for environmentalist

Five years sought for environmentalist BANDA ACEH, Aceh: A prosecutor has recommended that the South Aceh District Court sentence environmentalist Bestari Raden, 45, to five years in prison for his alleged attempt to subvert national security and public order, a lawyer revealed on Friday. Bambang Antariksa, the lawyer of Bestari, said that the demand was politically motivated.

RI's population to surpass 300 million mark in 2050: PRB

RI's population to surpass 300 million mark in 2050: PRB Adianto P. Simamora, The Jakarta Post/Jakarta With a projected population of more than 300 million by 2050, Indonesia will have an Herculean task providing health care, education, housing and drinking water to its people in the future, a government agency warned on Friday.

Texmaco units operate at 20% capacity

Texmaco units operate at 20% capacity The Jakarta Post, Jakarta To counter a delisting threat from the Jakarta bourse, two publicly listed units of troubled textile and engineering conglomerate Texmaco Group announced on Friday that they were still operating, albeit at low capacity.

Tanjung Priok's last defendants get up to three years

Tanjung Priok's last defendants get up to three years Sari P. Setiogi, The Jakarta Post/Jakarta The last 11 defendants in the bloody 1984 Tanjung Priok incident were sentenced to two and three years in prison on Friday, just weeks after their superiors were acquitted of all charges. Capt. Sutrisno Mascung and 10 soldiers were declared guilty of committing crimes against humanity for opening fire on a group of protesters, killing at least 24 people.

DPD members draft standing orders

DPD members draft standing orders JAKARTA: The 128 elected members of the Regional Representatives Council (DPD) will start deliberating the Council's standing orders on Monday. A staffer of the People's Consultative Assembly secretariat said the Assembly's working body has completed the draft, but council members insisted on composing their own draft. The DPD members will make up the assembly along with the 550- strong House of Representatives. The lawmakers are scheduled to be sworn in on Oct.

U.S retreat from Asia need not harm peace, military

U.S retreat from Asia need not harm peace, military Byung-joon Ahn Project Syndicate The United States' planned withdrawal of troops from Asia, which President George W. Bush announced on Aug. 16, need not harm peace and stability in the region and particularly in Korea. But a key condition for a smooth redeployment of U.S. troops is close consultations by America with its allies, something it has not done well up to now.

HIV/AIDS spreading fast in Batam city

HIV/AIDS spreading fast in Batam city BATAM: The spread of HIV/AIDS in Batam has reached an alarming level, an official said on Friday. Marwan Nusri, the head of Batam General Hospital, disclosed that last year, the number of people with HIV/AIDS treated at the hospital was only five from January to July. But, in the same period this year, 11 people with HIV/AIDS were treated at the hospital. Marwan said that unprotected sex was the main cause of transmission. -- JP

Singaporean neurologist pays tribute to Mochtar Lubis

Singaporean neurologist pays tribute to Mochtar Lubis Noted journalist and writer Mochtar Lubis, who passed away on July 2, was not only admired by many at home, but also abroad, including a Singaporean neurosurgeon. James C.M. Khoo of Mt. Elizabeth Medical Center in the island- state, a physician to Mochtar and his wife Halimah who passed away three years ago, sent a letter to The Jakarta Post recently to share his memories of close friend Mochtar.

Aspac looks for fifth crown against Satria

Aspac looks for fifth crown against Satria Eva C. Komandjaja, The Jakarta Post/Jakarta Defending champion HP Aspac is looking to retain the Indonesian Basketball League (IBL) championship title for the fifth consecutive season when it takes on Satria Muda Britama in the IBL's best-of-three finals series, beginning on Sunday.

Police speed up probe into Karaha Bodas

Police speed up probe into Karaha Bodas Abdul Khalik, The Jakarta Post, Jakarta Police say they have intensified their investigation into alleged graft in the Karaha Bodas power project in Garut, West Java, and are planning to submit the case file to the prosecutors in the first week of September. "We completed the case file this month but had to delay submitting it to the prosecutor's office as we found new evidence.

Scholarships urgently needed

Scholarships urgently needed Remember Mulyono, the 18-year-old village boy from East Java who labored his way through high school to end up winning a bronze medal in this year's International Biology Olympiad in Brisbane, Australia, in July? That distinction earned Mulyono a free ticket to Bandung's prestigious Institute of Technology (ITB).

Fatmawati, model hospital

Fatmawati, model hospital From Republika As a participant in the compulsory health insurance scheme, I last used the health facilities of Fatmawati General Hospital in South Jakarta on July 19, followed by my wife, who later underwent orthopedic surgery. What we experienced in this hospital is the dream of all retirees, namely, good health care for those with insurance in their old age.

'Angklung' workshop tries to win hearts of locals

'Angklung' workshop tries to win hearts of locals Yuli Tri Suwarni, The Jakarta Post/Bandung Unlike other traditional music, angklung (instrument consisting of suspended bamboo tubes which sound when shaken) music -- which was introduced to international audiences in the sixties -- has not enjoyed popular success with the current taste for world music.

Jamsostek pays Singaporean Rp 4b

Jamsostek pays Singaporean Rp 4b JAKARTA: State-owned social security provider PT Jamsostek has paid a total of Rp 3.912 billion (US$433,333) in compensation to the family of a Singaporean expatriate, Kwok Chee Fun Adrian, a worker at publicly listed ceramic factory PT Keramika Indonesia Assosiasi who was killed in an work related accident in April. The compensation, the largest PT Jamsostek has ever paid to a participating employee.

Police probe abuse of cleric

Police probe abuse of cleric JAKARTA: Police are investigating the possible involvement of a third party in the physical abuse of terrorist suspect Syaifudin, who has been hospitalized for his injuries, National Police chief Gen. Da'i Bachtiar said on Friday. "There is a possibility that other individuals or groups beat up Syaifuddin because we let him go after keeping him in custody for several days.

Stock prices on the Jakarta Stock Exchange ( in rupiah) on Aug.20, 2004

Stock prices on the Jakarta Stock Exchange ( in rupiah) on Aug.20, 2004 ____________________________________________________________________________ Shares Close Change Trading Volume _____________________________________________________________________________ Abdi Bangsa Tbk 275 0 0 Ades Alfindo Tbk 3,000 0 0 Adhi Karya 320 0 2,645,500 Adira Dinamika 2,425 0 0 AGIS Tbk 95 0 25,000 Akbar Indo Makmur 80 0 0 Alakasa Industrindo 125 0 0 Alfa Retailindo Tbk 1,025 0 0 Alter Abadi Tbk 35 0 0...

What's behind rejection of TNI bill?

What's behind rejection of TNI bill? From Suara Karya The debate about the Indonesian Military (TNI) bill is underway, with various circles commenting on, criticizing, blaming and condemning the TNI for trying to revive the military's civilian role and refusing to be subject to a civilian authority.

3 activists have gone missing: ASOUM

3 activists have gone missing: ASOUM SURABAYA: Following the alleged beating by police of Muslim cleric Muhammad Saifuddin, the Alliance for Muslim Community (ASOUM) filed a report with police on Friday that three Muslim activists had gone missing. The three activists, from the Surabaya Mujahiddin Council, were Suhandi, Ismail and Chandra.

Govt told to focus on finding source of contamination

Govt told to focus on finding source of contamination Abdul Khalik, The Jakarta Post/Jakarta Several non-governmental organizations (NGO) urged the government on Friday to focus on finding the source of contamination in Buyat Bay in Minahasa, North Sulawesi, instead of ordering more research on top of the already abundant test results.

Rp 13b cloud-seeding project fails to produce rain in West Sumatra

Rp 13b cloud-seeding project fails to produce rain in West Sumatra Syofiardi Bachyul Jb, The Jakarta Post/Padang A cloud-seeding project worth billions of rupiah has failed to produce results, prompting state electricity company PT PLN to abandon it, an official said on Friday. "The project has been stopped as it has failed to produce rain in three weeks, and has already cost us a lot of money," said Yusman Radjo Mudo, a spokesman for PLN's West Sumatra office.

Improving performance through public service reform

Improving performance through public service reform Graeme Macmillan, Jakarta The Public Service in Indonesia is too big, too slow and too dysfunctional. It is the huge anchor retarding progress towards Indonesia's rightful place as a respected international and regional leader. The structure of government is full of ministries and departments that do not work effectively, people without real jobs and many who use the authority of public position for personal gain.

No free lunch

No free lunch for students From Koran Tempo The University of Indonesia's Student Union is protesting against the admission fees to be imposed on new students by putting up tents on the university campus in Depok, West Java. A popular saying goes, "There's no such thing as a free lunch". If students object to high tuition fees, it is logical. But have they ever questioned the quality of the education they receive at the price they pay?

Banpu sees 40% rise in sales on coal prices

Banpu sees 40% rise in sales on coal prices Arijit Ghosh Bloomberg Bangkok Banpu Pcl, Thailand's biggest coal miner, forecast sales may rise 40 percent next year, aided by higher prices and demand for the fuel. Sales will probably rise to 22 billion baht (US$531 million) in 2005 from an estimated 15.7 billion baht this year, Chief Executive Chanin Vongkusolkit said at a briefing in Bangkok. The company posted sales of 12.48 billion baht in 2003.

Cak Nur moved to Singapore hospital; Cholil flown home

Cak Nur moved to Singapore hospital; Cholil flown home Kurniawan Hari, The Jakarta Post/Jakarta Prominent Muslim scholar Nurcholish Madjid had a thorough medical examination at the National University Hospital in Singapore on Friday after arriving from Guangzhou, China, where he underwent a liver transplant. The 65-year-old Paramadina Mulya University rector Nurcholish, who is popularly called Cak Nur, left the hospital in Guangzhou on Thursday morning.

Megawati, Wu Yi, Arroyo, on Forbes powerful women list

Megawati, Wu Yi, Arroyo, on Forbes powerful women list Agence France-Presse Singapore China's Vice Premier Wu Yi is the world's second most powerful woman, Forbes magazine said on Friday as it published a list that also included India's Sonia Gandhi, Indonesian President Megawati Soekarnoputri and Philippine President Gloria Arroyo. The Forbes list of the world's 100 most powerful women was topped by Condoleezza Rice, the national security adviser of U.S. President George W.

Garuda to raise ticket prices 100 percent

Garuda to raise ticket prices 100 percent Tony Hotland, The Jakarta Post/Jakarta Garuda Indonesia airlines is planning to introduce a new surcharge on tickets amid the soaring global oil prices that are advancing toward the US$50 level and seriously affecting the price of jet fuel, but others have taken a wait-and-see approach. The National flag carrier Garuda is set to introduce a 100 percent price hike starting Sept. 15 on selected international routes until further notice.

JP/5/caption

JP/5/caption SHAKIN' ALL OVER: Visitors learn to play the angklung (a musical instrument consisting of suspended bamboo tubes that produce sounds when shaken) at the Saung Udjo workshop in Bandung, West Java. The workshop strives to promote traditional music by introducing it to local people.

Police investigating Asian Cup violence

Police investigating Asian Cup violence BEIJING: Chinese police are investigating crowd violence that followed Japan's victory over China in the finals of the Asian Cup soccer tournament in Beijing earlier this month, a government spokesman said on Friday. "Mobbing and vandalism are strictly prohibited by Chinese law, and police will mete out penalties to those responsible in accordance with the law," Public Security Ministry spokesman Hao Chiyong said at a news briefing.

Chinese named abduction suspects

Chinese named abduction suspects Evi Mariani, The Jakarta Post/Jakarta The Jakarta Police arrested three Chinese citizens for robbing three Indonesian traders -- who own shops at Blok M Mall, South Jakarta -- and for kidnapping one of them. The police arrested Lin Yongfei, 25, Lin Yongfeng, 23, and Feng Shigui, 23, on Aug. 14, after they received a complaint from Magdalena, the daughter of Hioe Siet Phin, 48, one of the three Indonesian traders.

Asian security without the U.S.

Asian security without the U.S. The Nation Asia News Network Bangkok The United States is planning to withdraw some 60,000-70,000 of its troops from foreign countries over the next ten years. That much has been made clear by President George W Bush, though he has neglected to explain the policy, aimed as it is at the American voters. On thing is certain, though: If the U.S.

Time to stop climbing trees

Time to stop climbing trees From Kompas Tree climbing contests in Jakarta to celebrate Independence Day on Aug. 17 have always used the trunks of pinang (areca palm) trees measuring seven meters in length with a diameter of 20 centimeters. It takes over five years for the tree to grow to this size. In July every year, the trees are cut and their trunks sold on sidewalks around town, including in the Manggarai area of South Jakarta, to people preparing for the Independence Day commemorations.

Oil price hike vs reserves

Oil price hike vs reserves From Koran Tempo Minister of Finance Boediono has said the net impact of the current oil price increase on the fiscal situation is still under control, and it will not be followed by a fuel price hike because the government has a buffer stock to ensure security of supply. In fact, the crude oil price has reached US$44 a barrel -- $10 higher than the average figure forecast in the state budget, that is to say, an increase of 29 percent.

JP/5/ANGKLUNG

JP/5/ANGKLUNG 'Angklung' workshop tries to win hearts of locals Yuli Tri Suwarni The Jakarta Post/Bandung Unlike other traditional music, angklung (instrument consisting of suspended bamboo tubes which sound when shaken) music -- which was introduced to international audiences in the sixties -- has not enjoyed popular success with the current taste for world music.

LIPI has recorded 100 new species in 11 years

LIPI has recorded 100 new species in 11 years Leony Aurora , The Jakarta Post/Jakarta One hundred new species have been added to official records, chronicling the vast diversity of the archipelago's fauna over the last 11 years by zoology researchers at the Indonesian Institute of Sciences (LIPI).

Industrial firms asked to make water catchment system

Industrial firms asked to make water catchment system Multa Fidrus, The Jakarta Post/Tangerang Tangerang administration has asked all industrial firms to establish water catchments in their factory compounds in an effort to anticipate water shortages during the dry season and floods during the rainy season. Mayor Wahidin Halim said earlier this week that the water catchment system would help preserve the environment in the municipality.

;DPA;

;DPA; ANPAf..r.. Money-Singapore-Investments JP/16/Money S'pore investing strongly in Asia SINGAPORE : Singapore's investments overseas slipped a marginal 0.5 percent to US$159 billion in 2002, with nearly half in Asia, Department of Statistics (DOS) data showed on Friday. China, Malaysia, Hong Kong and Indonesia were the top destinations for Singapore's investments in 2002, the most recent period in which complete statistics were available.

Where to go in Jakarta: Saturday, August 21, 2004

Where to go in Jakarta: Saturday, August 21, 2004 Exhibitions * Korean Art Exhibition featuring 90 pieces of Korean ceramics and 15 oil paintings by Maestro Kim So-sun, 30 pieces of Hangul calligraphy by Maestro In Shik-shon, 20 pieces of Susek, 15 pieces of Hanbok, at Shangri-La Hotel (until Aug. 23), South Jakarta, at National Museum (on Aug. 23 to Aug. 29), Jl. Medan Merdeka Barat No. 12, Central Jakarta. * Sintang Textile at Textile Museum, Jl. K.S Tubun No. 4, West Jakarta (Tel.

LIPI needs more young researchers

LIPI needs more young researchers Dewi Santoso, The Jakarta Post/Jakarta The Indonesian Institute of Sciences (LIPI) is in need of more young researchers as 55 percent of its scientists are aged above 45 years old. "I'm not saying that those who are older than 45 years are all unproductive.

Rupiah Rates Aug.20

Rupiah Rates Aug.20 Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 7,047.21 6,317.48 6,718.29 6,646.13 Brunei dollar 1 5,697.97 5,109.19 5,432.02 5,374.98 Canadian dollar 1 7,496.15 6,722.90 7,146.27 7,072.64 Swiss franc 1 7,828.57 7,019.79 7,463.18 7,384.97 Danish krone 1 1,618.74 1,451.11 1,543.19 1,526.60 Euro 1 12,039.11 10,795.30 11,477.19 11,356.90 Poundsterling 1 17,835.43 15,997.46 17,002.97 16,829.69 Hong Kong dollar 1 1,247.20 1,118.90 1,188.98 1,177.11...

Court rejects review request

Court rejects review request JAKARTA: The Constitutional Court rejected on Friday a motion from representatives of the Indonesia Reform Party (PRI) for a review to Law No. 31/2002 on political parties because of its failure to contest the legislative election in April. In their verdict, the judges said the law did not directly inflict losses on the plaintiff, which was unable to join this year's election after it did not pass the administrative screening conducted by the justice ministry.

High price bothers OPEC

High price bothers OPEC Fitri Wulandari, The Jakarta Post, Jakarta The Organization of Petroleum Exporting Countries (OPEC) on Friday expressed concern over soaring oil prices, which further increased to set a new record of close to US$50 per barrel mark. OPEC President Purnomo Yusgiantoro said the cartel would meet in the middle of next month to seek ways to help ease pressure on prices, and may ask non-OPEC oil producers to also play a role. "I am very concerned with the high oil prices.

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U.S. retreat from Asia need not harm peace, stability Byung-joon Ahn Project Syndicate 2. New21 -- Little choice but to reduce oil subsidies 1 x 30 Little choice but to reduce oil subsidies Hardev Kaur New Straits Times 3. nation21 -- Asian security without the U.S. 1 X 30 Asian security without the U.S. The Nation Asia News Network Bangkok

Part 1 of 2: A journalist accused

Part 1 of 2: A journalist accused Bambang Harymurti, Jakarta I am a journalist. I am not a lawyer who has mastered the technicalities of preparing a plea or legal defense in a court of law. (But) I would like to convey my thoughts and opinions on various issues that have arisen in the process of this trial.

City wants Rp 9b for fire extinguishers

City wants Rp 9b for fire extinguishers Damar Harsanto, The Jakarta Post/Jakarta The city administration has proposed that Rp 9 billion (US$978,260) be allocated in the 2004 revised budget for the procurement of mobile fire extinguishers for fire-prone community units (RW) and neighborhood units (RT). "We have distributed fire extinguishers to fire-prone subdistricts. We want them also to be available at community and neighborhood units," Deputy Governor Fauzi Bowo said at City Hall on Friday.

Coalition dilemma?

Coalition dilemma? From Media Indonesia The first round of the presidential election enabled Indonesians to exercise their sovereignty by directly voting for their favorite candidate. Now the General Elections Commission has announced the two candidates for the second round of the election.

11 arrested for attack on district police

11 arrested for attack on district police Hasrul, The Jakarta Post/Kendari The situation in Sampolawa district, Buton regency remained tense on Friday following a heavy attack on the Sampolawa Police station earlier on Tuesday. Dozens of police personnel were deployed immediately after the attack and they arrested 11 of the perpetrators. As of Friday, they were still hunting down others who had reportedly fled to the jungle in Buton regency fearing arrest.

Losing candidates suffer depression

Losing candidates suffer depression Fadli, Batam At least 10 candidates who failed to get seats in the Batam Legislative Council during the April 5, 2004 legislative election are being treated for severe depression. They have been undergoing treatment as outpatients at Batam General Hospital in Sekupang for the past three months.

Taufik set to meet Shon in final

Taufik set to meet Shon in final Agencies Athens Indonesia won a second medal courtesy of Flandy Limpele and Eng Hian while Taufik Hidayat ensured the quest for a badminton gold was still alive after he booked a place in the men's singles final on Friday. Flandy and Eng Hian, the eighth seeds, took the bronze medal in the Olympic men's doubles badminton after defeating Danish fifth seeds Jens Eriksen and Marti Lundgaard 15-13, 15-7 in 53 minutes.

Prison escapee recaptured

Prison escapee recaptured JAKARTA: Two days after fleeing Cipinang Prison in East Jakarta, defendant Farhat Ferdian Baihaki, 26, was arrested by the Jakarta Police on Thursday night, police said on Friday. "The police found him hiding in a house belonging to his girlfriend's parents in Tambun, Bekasi," Jakarta Police spokesman Sr. Comr. Tjiptono said on Friday. Meanwhile, he said, Chief Brig.

BMW holds 41.4% local market share

BMW holds 41.4% local market share JAKARTA: PT BMW Indonesia had a 41.4 percent share of the market in the European premium car segment up to July -- a 0.7 percent increase over its first semester market share of 40.7 percent, the company announced on Friday. From January to July, BMW's total sales amounted to 1,030 units, of which 57 percent consisted of vehicles from the BMW 3 series.

Susilo-Kalla eyes smaller parties

Susilo-Kalla eyes smaller parties Tiarma Siboro and Suherdjoko, The Jakarta Post/Jakarta/Semarang After failing to win support from the country's major parties, presidential candidate Susilo Bambang Yudhoyono and his running mate Jusuf Kalla are turning their eyes to other influential nationalist and religious-based parties.

Teachers provide schooling for remote hamlet

Teachers provide schooling for remote hamlet Sri Wahyuni, The Jakarta Post, Cilacap, Central Java The hamlet of Pasuruan in Ujung Alang village in Kampung Laut subdistrict, Cilacap, located adjacent to the notorious Central Java island of Nusakambangan and its maximum security prison, is only a two-hour ride by motorized boat from Cilacap's Seleko Port. Yet, the hamlet is nothing like the regental capital of Cilacap.

Beggars recruited to boost athletes' spirits

Beggars recruited to boost athletes' spirits PALEMBANG, South Sumatra: South Sumatra provincial government is planning to recruit hundreds of street children and beggars as supporters of South Sumatra athletes competing in the National Games (PON) next month, an official said on Friday. The recruitment is aimed at boosting the spirits of South Sumatra athletes in the National Games, said Fadjri Nashir, the head of South Sumatra Social Welfare Office.

Newcomers to hold teaser exhibition

Newcomers to hold teaser exhibition YOGYAKARTA: A group of four up-and-coming artists -- Danny Stamp, II Made Bhakti Wiyasa, I Made Suparta Wijaya and I Gede Made Surya Darma -- is to hold a three-day joint exhibition at Bale Rupa Sanggar Dewata Indonesia in Tirtonirmolo village, Kasihan Bantul, Yogyakarta. Open from Aug. 22 to Aug. 24, the exhibition will feature paintings, installations, videos and performance art documentary videos created by the artists.

KPU confident of delivering ballot papers on time

KPU confident of delivering ballot papers on time Muninggar Sri Saraswati, The Jakarta Post, Jakarta The General Elections Commission (KPU) announced on Friday that it had printed 92 percent of some 156 million ballot papers for the second round of the presidential election in September, and expected to deliver them to polling station committees across the country by Aug. 27 at the latest.

Thai's Air Andaman scraps S'pore route

Thai's Air Andaman scraps S'pore route BANGKOK: Grounded Thai carrier Air Andaman is struggling to survive a double-whammy of record high fuel costs and cut-throat competition as it scrapped plans for its Bangkok-Singapore flights, the airline said in a report Friday.

On the orangutan show

On the orangutan show I refer to an article in the ASEAN AT A GLANCE in The Jakarta Post, on Aug. 5, page 11, titled Thailand bans orangutan show. The revelation regarding the existence of a zoo in Bangkok that displayed kick-boxing orangutans filled me with profound shock, disgust and anger. The total disregard for these highly intelligent creatures that is exhibited in Thailand and other Asian countries is appalling.

BHP Billiton eyes venture with POSCO

BHP Billiton eyes venture with POSCO SYDNEY: Anglo-Australian mining giant BHP Billiton said on Friday it was looking at developing an iron ore business in India's Orissa state with South Korean steelmaker POSCO. The talks centered on a proposal to build a steel plant and port facility in the state, in conjunction with an iron ore mine, the company said. It stressed, however, that the proposal was at a very early stage.

1. OPEC: 55 pt, 2 cols, 3 x 10

1. OPEC: 55 pt, 2 cols, 3 x 10 Rising price bothers OPEC 2. PRIOK: 36 pt, 6 cols, 1 x 37 Priok's last defendants get up to three years 3. OLYMPIC: 36 pt, 4 cols, 1 x 25 Taufik to meet Shon in final 4. MUSEUM: 32 pt, 4 cols, 1 x 30 LIPI records 100 new species

17 drug store robbers nabbed

17 drug store robbers nabbed JAKARTA: The Jakarta Police detectives have arrested 17 members of a robbery syndicate led by a man called Ishak. They were arrested in a month-long operation and are believed to be responsible for at least 54 robberies in several cities in the past two years. Police seized five firearms, 53 bullets, three crowbars, a large wire cutter, a Toyota Kijang minivan and hundreds of packs of prescription drugs.

HI fountain down due to cut cable

HI fountain down due to cut cable After keeping the whole affair silent for the last two weeks, the Jakarta administration claimed on Thursday that someone had tried to steal a power cable attached to the giant fountain at the Hotel Indonesia traffic circle, and that was why it was not operating.

Mandiri expects profit up 35 percent

Mandiri expects profit up 35 percent Publicly-listed Bank Mandiri expects that its first-half net profit rose about 35 percent on year due an increase in new lending. "We expect first-half net profit to hit Rp 3 trillion (US$324 million)," Bank Mandiri's president director Edwin Neloe told reporters late Thursday. The nation's largest bank in terms of assets posted a net profit of Rp 2.23 trillion in the first six months of 2003.

APRI to open Indonesia's first retail business school

APRI to open Indonesia's first retail business school Zakki P. Hakim, The Jakarta Post/Jakarta The Asia Pacific Retail Institute (APRI), a training institute for the retail industry, has signed a memorandum of understanding (MOU) with the Indonesian Open University (UT) to run the country's first retail management school.

Democracy and foreign interests

Democracy and foreign interests From Bisnis Indonesia The Indonesian Military (TNI) bill does not lead to a TNI that conforms to principles of democracy, according to observers from the Centre for Strategic and International Studies. To my knowledge, the principles of democracy in Indonesia have not yet been established. No descriptions have ever been made of the type of democracy suitable to Indonesia. Democracy remains one of the global issues used by liberal nations to liberalize the world.

Analyzing the collapse of bridges in Indonesia

Analyzing the collapse of bridges in Indonesia Sohei Matsuno, Palembang It was Dec. 5, 1995 when the Air Beliti Bridge along the Trans-Sumatra Highway collapsed in South Sumatra, some eight and a-half years before Cipunagara Bridge along the North Coast Highway of West Java collapsed on July 23. The two bridges are of the same Callendar-Hamilton (C-H) design with steel pony trusses.

Mutiny in the ranks as Golkar, PPP fall for Mega's charms

Mutiny in the ranks as Golkar, PPP fall for Mega's charms The Jakarta Post, Jakarta/Semarang The leaders of the Golkar Party and Muslim-based United Development Party (PPP) are now facing internal revolts by members who oppose their decisions to back Megawati Soekarnoputri in the election runoff in September.