Indonesian Political, Business & Finance News

Archive: 22 September 2004

72 articles found

60% of IPB students from poor families

60% of IPB students from poor families BOGOR, West Java: The Bogor Institute of Agriculture (IPB) is cooperating with businesses to provide scholarships for its many bright students who come from middle to low-income families.

Hundreds stage protest over fake diploma

Hundreds stage protest over fake diploma DONGGALA, Central Sulawesi: Hundreds of residents staged a protest in front of the office of General Elections Commission (KPU) in Central Sulawesi, demanding that KPU officials in the province annul the installation of a local councillor.

Aussie poll war focuses on SE Asia terror

Aussie poll war focuses on SE Asia terrorMichelle Nichols, Reuters, Canberra Australian Prime Minister John Howard tried to reassure nervous Asian neighbors on Tuesday after saying he wanted to strike terror threats at the source, a key difference with opposition Labor before an Oct. 9 election.

RP, MILF agree on peace mission

RP, MILF agree on peace mission PHILIPPINES: The Philippines and the separatist Moro Islamic Liberation Front (MILF) have signed the operational guidelines governing the Malaysian-led team who will monitor a cease-fire, officials said on Tuesday.

1. COALITION: 1 LINE, 25 COUNTS

1. COALITION: 1 LINE, 25 COUNTS Golkar, PDI-P consolidate 2. SBY: 3 LINES, 14 COUNTS SBY beats all odds as nominee of tiny party 3. QUICK: 2 LINES, 16 COUNTS Quick count, anxious voters' new reference 4. BUYAT: 2 LINES, 24 COUNTS Newmont president director named suspect in Buyat case

Sampoerna to issue Rp 1t bonds in October

Sampoerna to issue Rp 1t bonds in OctoberRendi A. Witular, The Jakarta Post, Jakarta Publicly listed cigarette giant PT HM Sampoerna has signed a preliminary contract for a bond listing with the Surabaya Stock Exchange (SSX) on Tuesday as part of the company's plan to issue Rp 1 trillion (US$111...

Two die, 15 injured in road accident

Two die, 15 injured in road accidentYuli Tri Suwarni, The Jakarta Post, Bandung Two people were killed and 15 others injured in a crash involving a bus, a minibus and a motorcycle on Jl. Nagrek in Majalengka regency, at about 8:30 a.m. on Tuesday.

Regions (Alleged) sum involved Status

Regions (Alleged) sum involved Status Kampar, Riau Rp 1.13 b (US$ 118.42) suspects Cirebon, West Java Rp 1.3 b suspects Lampung Rp 19.5 b suspects Padang, West Sumatra Rp 10.4 b suspects West Sumatra Rp 6.48 b convicted Kendari, Southeast Sulawesi Rp 1.9 b suspects West Nusa Tenggara Rp 24.

Terminal to accomodate boats as well as buses

Terminal to accomodate boats as well as busesDamar Harsanto, The Jakarta Post, Jakarta As an effort to provide an integrated transportation system to the public in the capital, Jakarta administration will integrate the long-delayed Pulo Gebang bus terminal in East Jakarta with the busway system and...

Sept. 22, 2004

Sept. 22, 2004 ;JP;VIN;CD; ANPAk..r.. Editorial- Election buoys the market JP/6/EDIT22Election buoys the market The financial market predictably reacted positively to the peaceful and orderly presidential runoff, especially because the election was perceived to be fair.

done

done ;JP:CD ANPAv..r.. Photo-TV-expoJP/Mulkan Salmona PLASMA TV: Two saleswomen demonstrate Samsung's new flat-screen Plasma TV at a launch recently. The sales of Plasma TVs in the Indonesian market are on the rise thanks to an increased demand from buyers.

Noted: BAGIAN YANG BERJUDUL Do You Know... akan dibuat terpisah

Noted: BAGIAN YANG BERJUDUL Do You Know... akan dibuat terpisah dalam BOX ADS: RPX Size: 4 x 25cm RPX: One-stop logistics service Business competition has become tougher as a consequence of the implementation of free trade agreements, whether globally through the World Trade Organization (WTO), or...

Treading fine lines, changing the past

Treading fine lines, changing the pastJuan Mercado, Inquirer News Service, Philippine Daily Inquirer, Asia News Network, Mannila "While editor, Sukarno and Soeharto jailed you," the late publisher Joaquin "Chino" Roces told the tall Indonesian seated next to him.

Pilot of missionary chopper found dead in Wamena

Pilot of missionary chopper found dead in WamenaNethy Dharma Somba, The Jakarta Post, Jayapura The pilot of a Bell 206 helicopter, U.S. national Neil Roesler, 30, was found dead after his helicopter plummeted to the ground near Komamil village, a remote village in Wamena town, on Monday.

Rebels shot dead on election day

Rebels shot dead on election day BANDA ACEH, Nanggroe Aceh Darussalam: Soldiers shot and killed two Free Aceh Movement (GAM) commanders on election day after a gun battle, the Indonesian Military (TNI) said on Tuesday.Local military spokesman Lt. Col.

House hurries up TNI, autonomy bills

House hurries up TNI, autonomy billsKurniawan Hari, The Jakarta Post, Jakarta With their five-year term ending in roughly a week, members of the House of Representatives are rushing to finish deliberations of the Indonesian Military (TNI) and regional autonomy bills.

Panwaslu praises 'clean' election

Panwaslu praises 'clean' electionThe Jakarta Post, Medan/Surabaya/Cirebon/Jakarta There were no significant violations found during Monday's final round of the presidential election, the Election Supervisory Committee (Panwaslu) announced on Tuesday.

Newmont president director named suspect in Buyat case

Newmont president director named suspect in Buyat caseAbdul Khalik, The Jakarta Post, Jakarta After grilling four Newmont employees, police declared on Tuesday Richard Ness, president director of PT Newmont Minahasa Raya, a suspect in the pollution of Buyat Bay in Minahasa, North Sulawesi.

Toyota to expand plants in RP

Toyota to expand plants in RP MANILA: Toyota Motor Corp., the world's second-biggest carmaker by production, plans to spend 7 billion pesos (US$124 million) in the next two years to expand its facility in the Philippines.

Stocks peak on peaceful election, Susilo lead

Stocks peak on peaceful election, Susilo leadDadan Wijaksana, The Jakarta Post/Jakarta The Jakarta stock index surged to record levels on Tuesday as investors were buoyed by the smooth election and the imminent victory of Susilo Bambang Yudhoyono, seen by many in the market as more capable than...

'Milk still best way to strengthen bones'

'Milk still best way to strengthen bones'Dewi Santoso, The Jakarta Post, Jakarta People suffering from osteoporosis can greatly improve the quality of their lives by consuming adequate amounts of calcium and vitamin D as both have been proven to reduce bone fractures by up to 25 percent, an expert...

;JP;CD;

;JP;CD; ANPAc...r... Photo Captions Captions For TNT Advertorial:Foto A:TNT TNT staff members operate an Information Technology-based system at one of the company's depots. TNT uses leading-edge technology at every one of its depots and hubs throughout the world.

Dossier on Aceh shooting submitted

Dossier on Aceh shooting submittedNani Afrida, The Jakarta Post, Banda Aceh The case file on First Lt. Simorangkir, a member of the Navy Military Police who shot five fellow soldiers in late August, has been submitted to the Military Court in Aceh for prosecution.

Rupiah Rates Sept.21

Rupiah Rates Sept.21 Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 6,633.16 5,929.22 6,314.79 6,247.35 Brunei dollar 1 5,605.49 5,011.23 5,336.45 5,280.11 Canadian dollar 1 7,320.46 6,545.74 6,969.11 6,896.95 Swiss franc 1 7,448.73 6,660.91 7,091.22 7,018.

Australia's tour opener switched to Bombay

Australia's tour opener switched to Bombay NEW DELHI: Australia will open its cricket tour of India next week with a three-day warm-up match in Bombay against Ranji Trophy champions Mumbai, an official said on Tuesday. The match, starting on Sept.

Ikadin to hold special congress

Ikadin to hold special congress PONTIANAK, West Kalimantan: The Indonesian Bar Association (Ikadin) announced on Monday it would organize an extraordinary congress on Oct. 1 and Oct. 2 to discuss Law No. 18/2003 on the legal profession.

Better strategy would rev up Car Free Day

Better strategy would rev up Car Free DayUrip Hudiono, The Jakarta Post, Jakarta As Car Free Day is being organized in the car-ridden capital, several groups say, with a more strategic approach, events on Sept. 26 could bring about residents' year-long commitment to reducing pollution.

Monitoring team deports Korean worker

Monitoring team deports Korean workerMulta Fidrus, The Jakarta Post, Tangerang Two weeks after its establishment, the Coordinating Team for Monitoring and Supervising Foreign Workers in Tangerang regency deported a South Korean citizen who did not possess the necessary documents.

Small money not worth it

Small money not worth itFrom Kompas On August 6, I deposited some money at Bank Permata in Serpong, Tangerang. Rp 200,000 of the amount comprised Rp 1000 and Rp 500 notes. And, I was surprised to learn that the bank charged me 2.5 percent of the Rp 200,000.

For side bar:

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Tanker catches fire, one injured

Tanker catches fire, one injured PEKANBARU, Riau: A tanker belonging to state oil and gas company PT Pertamina caught fire on Tuesday morning in the company's depot in Sungai Duku area, Pekanbaru. No fatalities were reported in the incident, but one member of the crew, Triyono, had to be admitted...

Ex-rebels start nationalism course

Ex-rebels start nationalism course BANDA ACEH, Nanggroe Aceh Darussalam: The Aceh government started on Tuesday its third "re-education" course in nationalism for former separatist rebels who had been captured or surrendered during the one-year military crackdown on the province.

Glodok, Grogol get extra security

Glodok, Grogol get extra security JAKARTA: The commercial areas of Glodok and Grogol in West Jakarta will be heavily guarded by public order officers until the inauguration of the new president on Oct. 20, public order office head Sukarno said on Tuesday.

Barge blast kills two, injures three others

Barge blast kills two, injures three othersEvi Mariani, The Jakarta Post, Jakarta A barge berthing at Pangkalan Pasir, Cilincing, near Tanjung Priok Port in North Jakarta, burst into flames at about 12:30 a.m. on Tuesday, killing two people and injuring three others.

Councillors swear they did no wrong

Councillors swear they did no wrongBambang Nurbianto and Damar Harsanto, The Jakarta Post, Jakarta "We swear to God, we did no wrong in the (presidential) election," said leader of the City Council's Democratic Party faction Johny Wenas Polii on Tuesday.

Enjoy an unforgettable ethnic Javanese experience

Enjoy an unforgettable ethnic Javanese experienceLocated on the slopes of Mount Merapi in Central Java, the Soran People Empowerment Foundation will celebrate its 20th anniversary on Wednesday, Sept. 29, 2004.

All the way with SBY: Landslide predicted

All the way with SBY: Landslide predictedThe Jakarta Post, Jakarta Susilo Bambang Yudhoyono looks set to win the first ever direct presidential election in a landslide, with analysts saying the result underlined the people's loss of confidence in the political elite grouped under the Nationhood...

Ness has 20 years management involvement in over US$5 billion

Ness has 20 years management involvement in over US$5 billion of investment in Indonesia. He has been active as Governor of the American Chamber of Commerce in Indonesia and Mining Committee Chair and Mining Association Director.

Quick count, anxious voters' new reference

Quick count, anxious voters' new referenceM. Taufiqurrahman, The Jakarta Post, Jakarta In the midst of a fairly slow manual vote count used by the General Elections Commission (KPU), voters who are anxious to know the final result of an election have the so-called "quick count" to thank.

Govt urges businesses to study WTO's July Package

Govt urges businesses to study WTO's July PackageZakki P. Hakim, The Jakarta Post, Jakarta The government urged business people here to study the impact of the World Trade Organization's (WTO) July Package in their future operations, particularly with the eventual tariff liberalization and...

Activist reports death threats

Activist reports death threats JAKARTA: Education activist Lies Sugondo told the police on Tuesday she had received death threats over her cellular phone from an unidentified person.She said the threats charged her with betraying efforts to save disputed SMP 56 junior high school in Melawai, South...

Govt, House rush to endorse new bankruptcy bill

Govt, House rush to endorse new bankruptcy billRendi A. Witular, The Jakarta Post, Jakarta The House of Representatives is expected to endorse the long- awaited new bankruptcy bill at a plenary session on Wednesday, despite problematic articles that could make it overly easy for creditors to...

Mooncake festival given Indonesian flavor

Mooncake festival given Indonesian flavorA. Junaidi, The Jakarta Post, Jakarta Chinese all around the world, including here, are currently celebrating the traditional Mid-Autumn Festival, known as the Mooncake festival.

Pekanbaru rocked by eighth bomb hoax

Pekanbaru rocked by eighth bomb hoax PEKANBARU, Riau: A unanimous caller said on Tuesday that he placed a bomb in Surya Dumai Group building in Pekanbaru city, creating panic in the five-story office building.

Election buoys the market

Election buoys the market The financial market predictably reacted quite positively to the peaceful and orderly presidential runoff, especially because the election was perceived to be fair. While the rupiah remained stagnant at 9,035, the stock market increased by 1 percent on Tuesday with the...

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City center fires destroy shops, classrooms

City center fires destroy shops, classroomsThe Jakarta Post, Jakarta Two separate fires in Central Jakarta gutted on Tuesday several buildings, including a private school and created traffic congestion.

Why Megawati lost

Why Megawati lost As the vote count rolls on it has become clear that Susilo Bambang Yudhoyono and his running mate Jusuf Kalla are going to win in a landslide and lead the nation for the next five years. The results are showing a stunning defeat for the incumbent President, Megawati Soekarnoputri.

Stock prices on the Jakarta Stock Exchage (in rupiah) on Sept.21, 2004

Stock prices on the Jakarta Stock Exchage (in rupiah) on Sept.21, 2004 ____________________________________________________________________________ Share Close Change Trading Volume ____________________________________________________________________________ Abdi Bangsa Tbk 275 0 0 Ades Alfindo Tbk...

Kaltim Prima borrows $385m

Kaltim Prima borrows $385m SINGAPORE: PT Kaltim Prima Coal, Indonesia's biggest coal exporter, borrowed US$385 million from banks, the maximum it sought in a syndicated loan to pay debt, Credit Suisse First Boston (CSFB), which arranged the credit, said.

Kota Bunga's elitism reeks

Kota Bunga's elitism reeksFrom Media IndonesiaAs a customer of Kota Bunga in Cipanas, West Java, I was promised various facilities before buying a villa, including the use of a guesthouse twice, each time for three nights, while the villa is under construction.

Islamic institute to start doctorate class

Islamic institute to start doctorate class MEDAN, North Sumatra: A new post-graduate doctorate in Islamic studies was officially inaugurated by Minister of Religious Affairs Said Agil Husin Al Munawar in North Sumatra on Tuesday.

SBY beats all odds as nominee of tiny party

SBY beats all odds as nominee of tiny partyRidwan Max Sijabat, The Jakarta Post, Jakarta If anything, Susilo Bambang Yudhoyono has beaten the odds by winning the presidential election in comprehensive fashion with a tiny political party.

New govt has to solve fuel subsidy

New govt has to solve fuel subsidyThe Jakarta Post, Jakarta The ability of Susilo Bambang Yudhoyono, poised to become the country's sixth president, to take unpopular and tough decisions will be put to the test once he comes into office and has to deal with the current fuel subsidy policy.

RI polls strong example: U.S.

RI polls strong example: U.S.Agencies, Washington The United States congratulated Indonesia on Monday on the conclusion of its first-ever direct elections of its president, saying the polls set a good example of democracy for Asia.

Indonesia election good for region: Fund managers

Indonesia election good for region: Fund managersAnusha Attygalle, Dow Jones, Singapore The conclusion of Indonesia's presidential election is positive for the investment climate in southeast Asia as a whole, international fund managers said on Tuesday.

69 councillors to be grilled over graft allegation

69 councillors to be grilled over graft allegationOyos Saroso H.N., The Jakarta Post, Bandarlampung Following a green light from the Central government, Lampung Prosecutor's Office will soon question 69 councillors from Lampung provincial council for their alleged roles in the Rp 19.

Finally, a further step to being human

Finally, a further step to being humanAti Nurbaiti, Jakarta No one in my family knew what to do about my aunt. She had been subject to her husband's beatings for many years. Even the children, when they had grown up, had cried out to her to get a divorce.

Doomed assembly unlikely to be missed

Doomed assembly unlikely to be missedKurniawan Hari, The Jakarta Post, Jakarta The People's Consultative Assembly (MPR) will sit out its final session from Sept. 23 through Sept. 27, during which it will hear and comment upon the accountability report of President Megawati Soekarnoputri.

Golkar Party, PDI-P consolidate

Golkar Party, PDI-P consolidateFabiola Desy Unidjaja and Kurniawan Hari, The Jakarta Post, Jakarta The Indonesian Democratic Party of Struggle (PDI-P) and Golkar Party held separate internal meetings on Tuesday as Megawati Soekarnoputri trailed far behind Susilo Bambang Yudhoyono in the vote...

Election buoys the market

Election buoys the market The financial market predictably reacted quite positively to the peaceful and orderly presidential runoff, especially because the election was perceived to be fair. Both the rupiah and stock market significantly strengthened on Tuesday with the local unit gaining ...

Welcoming new U.S. ambassador

Welcoming new U.S. ambassador The U.S. has decided to appoint a new ambassador to Indonesia, and personally I would like to extend a warm welcome to Lynn Pascoe, with the hope that the already good relations between our two countries will become better, closer and more intimate, for both of our...

For side bar:

For side bar:Advertorial on PT TNT Indonesia: SEPTEMBER 23, 2004 Suggested title:Why choose TNT Indonesia?Competition in the Indonesian courier service has been very tight during the past several years as the result of the sharp increase in the number of new players in the express delivery business.

One missing after Medan flood

One missing after Medan flood MEDAN, North Sumatra: One person went missing and was feared dead on Tuesday after flooding in Medan city over the past three days. The missing person is Sunardi, 20, a resident at Medan Labuhan district, Medan city.

Police find gun that killed Ferry

Police find gun that killed Ferry PALU, Central Sulawesi: A senior police officer claimed on Tuesday that police personnel in Palu, Central Sulawesi province, had found a gun, believed to be central to the unsolved murder of prosecutor Ferry Silalahi early this year.

Megawati and history

Megawati and history The first-ever direct presidential election took place on Monday. The quick count jointly conducted by Metro TV and the Institute of Research, Education and Information of Social and Economic Affairs (LP3ES) shows that Susilo Bambang Yudhoyono has won the election.

S. Korea eyes redenomination

S. Korea eyes redenominationAgence France-Presse, Seoul South Korea's central bank is pushing for a 1,000-for-one currency redenomination to take place in the next three to five years, news reports and officials said on Tuesday.

TV Program: Wednesday, September 22, 2004

TV Program: Wednesday, September 22, 2004.TB.30" 1.00" TVRI .TB.30" .90" 6:00 a.m. News: Berita Pagi6:30 Talk Show7:30 Music8:00 Travel8:30 Music: Asyik-Asyik10:00 Battle of Wits11:00 Singing Contest: Konteswara12:00 p.m.

It's a matter of service to mankind

It's a matter of service to mankind I am a regular reader of The Jakarta Post. I was shocked to read about the bombing in front of the Australian Embassy which claimed nine lives. It is equally shocking that our leaders of major political parties kept "mum" on the issue.

The queen is dead, hail the new republic

The queen is dead, hail the new republicMeidyatama Suryodiningrat, Jakarta The people have spoken. The message clear and overwhelming: Megawati, pack your bags!She helped sooth the volatility of the young democracy, but Megawati's patrician manner while in power endeared her to few and her...

Hasyim resumes top Nahdlatul Ulama post

Hasyim resumes top Nahdlatul Ulama postSari P. Setiogi, The Jakarta Post, Jakarta After almost four months of hectic political activities as the running mate of presidential candidate Megawati Soekarnoputri, Hasyim Muzadi will return to the top post in the country's largest Muslim organization...

Promoter returns to Chrisjon for match

Promoter returns to Chrisjon for matchMoch. N. Kurniawan, The Jakarta Post, Jakarta Boxing promoter Daniel Bahari, who previously had parted company with WBA featherweight champion Chrisjon, has recently got back involved by offering to put together a US$75,000 fight with Derrick Gainer in...