Indonesian Political, Business & Finance News

Archive: 11 October 2005

71 articles found

Jembrana seeks to improve people's living standard

Jembrana seeks to improve people's living standardAfter being elected in 2000, Jembrana Regent Winasa vowed to enhance his people's living standards by providing, among other things, free education and health care.

The silver lining after Susilo's first year in office

The silver lining after Susilo's first year in officeMeidyatama Suryodiningrat The Jakarta Post/JakartaIn many respects it was always a case of mission impossible for Indonesia's first democratically elected president.

Investment better than cash aid

Investment better than cash aid As a regular overseas tourist to your country (three times in one year) I wish to express my great appreciation as to how people in Kuta, Bali, (where I am staying now) took the blasts in their stride.

BPS takes away entitlement of 4,145 families to cash aid

BPS takes away entitlement of 4,145 families to cash aidBambang Nurbianto, The Jakarta Post, JakartaA total of 4,145 families in the city had been disqualified as recipients of the central government scheme to provide direct compensation to the poor for the recent fuel price hikes, an official said...

Red tape slows down graft probe

Red tape slows down graft probeEva C. Komandjaja, The Jakarta Post, JakartaIt appears that an investigation into alleged graft in the production of bird flu vaccine last year will not start anytime soon due to bureaucratic hurdles.

The silver lining after Susilo's first year in office

The silver lining after Susilo's first year in officeMeidyatama Suryodiningrat, The Jakarta Post, Jakarta In many respects it was always a case of mission impossible for Indonesia's first democratically elected president.

Govt may sell Islamic bonds abroad

Govt may sell Islamic bonds abroadBloomberg, SingaporeIndonesia may next year sell its first Islamic bonds to global investors, Minister of Finance Jusuf Anwar said, to tap Middle Eastern demand for investments that comply with the Islamic ban on the payment of interest.

1. WHO (2x15)

1. WHO (2x15) WHO confirms RI's new bird flu case 2. Flu (1x32) Red tape slows down graft probe 3. Munir (1x28) U.S. group awards Munir 4. Timor (2x14) RI, Timor seek foreign funds 5. Bill (1x48) Administration heads may be punished under new bill

Indonesia, Finland seek to boost trade, investment

Indonesia, Finland seek to boost trade, investmentThe Jakarta Post, JakartaIndonesia is expecting to attract as much as US$4 million in foreign direct investments (FDIs) from Finland in the coming years, following the strengthening of economic and trade relations between the two countries.

Govt ignores Constitutional Court on fuel

Govt ignores Constitutional Court on fuelMuninggar Sri Saraswati and Rendi A. Witular, The Jakarta Post, JakartaThe government said on Monday that it would not back down from its decision to raise fuel prices by an average of 126.

Diarrhea kills 2 in Agam regency

Diarrhea kills 2 in Agam regency PADANG, West Sumatra: A diarrhea outbreak has spread quickly across Agam regency in West Sumatra in the past few days, killing two people.Community health centers in Malalak district in Agam and hospitals in the nearby town of Bukittinggi are now treating 39...

TV Program: Wednesday, October 12, 2005

TV Program: Wednesday, October 12, 2005TVRI .TB.30" .90" 5:00 a.m. Koran Recital6:00 News: Berita Pagi7:00 Cartoon8:30 Music: Asik-asik10:00 Showbiz11:00 News: Berita Nusantara11:30 Cultural Program: Rona Daerah1:00 p.m.

'Subsidize public transportation'

'Subsidize public transportation'The recent fuel price hikes have led to increases in the prices of other services and commodities, which has considerably reduced people's purchasing power. The Jakarta Post talked to two city dwellers and asked them how they were coping with the higher cost of...

Balinese up demand on bombers' execution

Balinese up demand on bombers' executionI Wayan Juniartha, The Jakarta Post, DenpasarBalinese protesters returned to the streets here on Monday to put pressure on the government to immediately execute three convicted bombers who were sentenced to death for their roles in the 2002 Bali bombings.

Bird flu needs fast, transparent response

Bird flu needs fast, transparent responseDarren Schuettler, Reuters/BangkokGovernments must work harder, faster and be more open if they are to prepare for a bird flu pandemic, U.S. Health Secretary Michael Leavitt said on Monday as he began a tour of Southeast Asian nations hit by the virus.

Rp 9.7t in subsidized fuel lost last year

Rp 9.7t in subsidized fuel lost last yearUrip Hudiono, The Jakarta Post, JakartaThe Supreme Audit Agency (BPK) has found that at least one-eighth of last year's Rp 80.42 trillion ($7.99 billion) in subsidized fuel, or Rp 9.

Veterans up for judo team

Veterans up for judo teamMoch. N. Kurniawan, The Jakarta Post, Jakarta National athletes with proven records in international competition are expected to bring home gold in judo at the 23rd Southeast Asia (SEA) Games in the Philippines next month.

Embassies reject security offer

Embassies reject security offerApriadi Gunawan, The Jakarta Post, MedanThe offices of foreign embassies in Medan are refusing the extra security offered by the North Sumatra police in the wake of the Bali attacks, which killed at least 23 people.

Model boarding school offers students a bright future

Model boarding school offers students a bright futureAriesta, a second grader, was being quizzed by his friends in preparation for an upcoming contest. It was past 2 p.m. and the class was over. But these seven students of SMPN 4 Mendoyo Junior high school in Negara, the regental capital of...

JP/18/JABO

JP/18/JABOSawung Jabo, artist-musician with a missionDewi Anggraeni Contributor/Melbourne, AustraliaAccompanying Rendra in reciting and performing poetry is no mean feat. You definitely have to remain in the background, while discreetly filling the space with the right mood.

Candidate on trial for diploma forgery

Candidate on trial for diploma forgeryMALUKU, Ambon: West Seram Regent politician Soebeno went on trial on Monday here for allegedly forging a senior high school diploma earlier this year to allow him to stand in the election for the office of regent.

Anti-graft body falls short of expectations

Anti-graft body falls short of expectationsFrans H. Winarta, Jakarta Corruption has long been widespread in Indonesia and has penetrated into the political, economic and legal systems. This chronic disease is considered now to be the country's greatest enemy, and has affected almost all aspects of...

Spotlight

Spotlight SPORTS TROPHY FOR NESTLE MILO: President Susilo Bambang Yudhoyono presents the "Sanggraha Krida" trophy to the President Director of Nestle Indonesia, Peter Vogt (left) for the company's outstanding efforts in supporting the development of sports in Indonesia.

Part 1 of 2: How rent seeking flourishes in Indonesia

Part 1 of 2: How rent seeking flourishes in IndonesiaEvan Jones, Batam Rent Seeking: "Whenever you have a situation in which a person or group is in power over a community, some will seek to obtain special favors at the expense of others.

Norwegians build schools in Aceh

Norwegians build schools in Aceh JAKARTA: The first two elementary schools to be rebuilt in tsunami-wrecked Aceh will be officially opened on Thursday, after four months of construction work.The schools have been reconstructed with the help of the Norwegian Refugee Council (NRC) in cooperation with...

GAM excluded from drafting Aceh law

GAM excluded from drafting Aceh law BANDA ACEH, Aceh: The drafting of a bill on Aceh's governance has excluded representatives from the Free Aceh Movement (GAM), which demanded self-rule in the province."Formally, GAM is not involved in formulating the draft law on governance in Aceh.

1. Evans1 -- The roots of rent seeking corruption -- Susilo's

1. Evans1 -- The roots of rent seeking corruption -- Susilo's biggest reform challenge. 1 x 38Part 1 of 2 How rent seeking flourishes in Indonesia Evan Jones Batam 2. Frans -- It is high time to analyze KPK's performance 2 x 21 Anti-graft body falls short of expectations Frans H. Winarta Jakarta3.

Sitok Srengenge launches a poetry anthology

Sitok Srengenge launches a poetry anthologyIndonesian poet Sitok Srengenge signs a copy of his dual-language anthology, On Nothing, for a fan. The anthology was launched on Sunday evening at Murni's Warung in Ubud, Bali, during the Ubud Writers and Readers Festival 2005.

Bank teller arrested for fraud

Bank teller arrested for fraudAbdul Khalik, The Jakarta Post, JakartaA bank is supposed to as safe as it gets, a place to which customers can hand over their money and valuables, and still sleep easy at night.

Missile defence emerging in SE Asia?

Missile defence emerging in SE Asia?Kavi Chongkittavorn, The Nation, Asia News Network/Bangkok On the day that U.S. Assistant Secretary of State for arms control Steve Rademaker was talking about the U.S.

Is a missile-defense system coming to SE Asia?

Is a missile-defense system coming to SE Asia?Kavi Chongkittavorn The Nation Asia News Network/Bangkok On the day that U.S. Assistant Secretary of State for arms control Steve Rademaker was talking about the U.S.

Correction for Spotlight -- Oct.11, 2005

Correction for Spotlight -- Oct.11, 2005 CORRECTION:NESTLE: The name of the president director of Nestle Indonesia appearing in the Spotlight Column on this page on Saturday, Oct. 8 should have been Peter Vogt, not Peter Voght as stated. We apologize for the error.-- Editor

U.S. group awards Munir

U.S. group awards MunirTiarma Siboro, The Jakarta Post, JakartaMurdered Indonesian human rights campaigner Munir Said Thalib and Myanmar pro-democracy advocate Min Ko Naing were on Monday named 2005 "Civil Courage Prize" winners.

Quake tragedy gives India, Pakistan chance to come closer

Quake tragedy gives India, Pakistan chance to come closerVijay Joshi, Associated Press/New Delhi Tragedies have a way of bringing people together - even adversaries.Saturday's devastating earthquake in Kashmir joined rivals Pakistan and India in a common grief and offered them a chance to shed past...

Hutchison plans $1b loan: Sources

Hutchison plans $1b loan: Sources HONG KONG: Hong Kong-listed telecom operator Hutchison Telecommunications International Ltd. (HTIL) is planning to launch a US$1 billion syndicated loan this week to finance expansion in India, Indonesia and Vietnam, people close to the deal said on Monday.

When Mother Nature strikes

When Mother Nature strikes Mother Nature has been particularly ruthless in recent times. As if reminding us the magnitude of her supremacy, in less than a year she has wreaked unspeakable havoc on the coastlines of the Indian Ocean, brought the world's most advanced nation to her knees and over the...

Life insurance industry books 28% premium growth

Life insurance industry books 28% premium growthAnissa S. Febrina, The Jakarta Post, JakartaWith the robust growth of unit-linked products as its key driver, the life insurance industry reported on Monday a 28.4-percent growth in total premiums during the year's first semester.

RI, Timor may seek foreign funds for peace commission

RI, Timor may seek foreign funds for peace commissionAgence France-Presse, Dili Indonesia and its former territory East Timor may seek foreign funding for their Commission of Truth and Friendship investigating past bloodshed, East Timor's foreign minister Jose Ramos-Horta said on Monday.

Prices of basic commodities rise but supply 'not a problem'

Prices of basic commodities rise but supply 'not a problem'Damar Harsanto, The Jakarta Post, JakartaPrices of most basic commodities in traditional markets across the capital have soared by up to 30 percent following the fuel price hike.

Govt warns public of dengue outbreak

Govt warns public of dengue outbreakJAKARTA: The Ministry of Health warned the public on Monday to improve sanitation in their neighborhoods in a bid to limit the spread of dengue fever with the onset of the rainy season.

We have to make the HIV/AIDS statistics come alive

We have to make the HIV/AIDS statistics come alive As part of the ongoing Ubud Writers and Readers Festival, the United Nations Programme on HIV-AIDS (UNAIDS) invited young Indonesian writers, film directors and producers, journalists to a workshop on Sunday Oct. 9.

Taman Mini holds bazaar

Taman Mini holds bazaar JAKARTA: Taman Mini Indonesia Indah is holding a bazaar and exhibition of local products during Ramadhan.The event is being held from Oct. 9 to Nov. 3, the first day of the Idul Fitri holidays.

Ragunan Zoo reopens, another suspected bird flu patient dies

Ragunan Zoo reopens, another suspected bird flu patient diesDamar Harsanto and Abdul Khalik, The Jakarta Post, JakartaGovernor Sutiyoso announced on Monday that his administration planned to reopen Ragunan Zoo in South Jakarta on Tuesday.

TV Program: Wednesday, October 12, 2005

TV Program: Wednesday, October 12, 2005TVRI .TB.30" .90" 5:00 a.m. Koran Recital6:00 News: Berita Pagi7:00 Cartoon8:30 Music: Asik-asik10:00 Showbiz11:00 News: Berita Nusantara11:30 Cultural Program: Rona Daerah1:00 p.m.

Banten governor suspended indefinitely for corruption

Banten governor suspended indefinitely for corruptionMuninggar Sri Saraswati, The Jakarta Post, JakartaPresident Susilo Bambang Yudhoyono has suspended indefinitely Banten Governor Djoko Munandar to facilitate his prosecution for a corruption case.

ASEAN mineral exports may triple

ASEAN mineral exports may tripleBloomberg, ManilaExports of minerals from a federation of five Southeast Asian nations may triple in three to five years because of rising global demand driven mainly by China and India.

Local heads may be punished under new bill

Local heads may be punished under new billTiarma Siboro, The Jakarta Post, JakartaState Minister of Administrative Reforms Taufik Effendi said on Monday his office was currently preparing a bill on state administrations, which would make incompetent regional leaders who made bad policies answerable...

RI's shipping industry too protective: Greek shipowners

RI's shipping industry too protective: Greek shipownersRidwan Max Sijabat, The Jakarta Post, JakartaThe Greek Shipowners Association (GSA) has urged the Indonesian government to review its policies for the shipping industry, and reduce the high costs of doing business here in order to encourage...

Residents defend their land

Residents defend their land BOGOR: To defend their land, dozens of residents from three villages in Semplak, Bogor, met on Monday with councillors and representatives from Atang Sanjaya air base to reject the latter's claim on their land."They can't just throw us out.

1. Audit -- 65 pts 2 cols 3lines (3x12)

1. Audit -- 65 pts 2 cols 3lines (3x12)Rp 9.7t in subsidized fuel lost last year2. Mandiri -- 36 pts 4 col 1lines (1x28)Ex-Mandiri directors face life 3. Nobel -- 36 pts 4 cols 1line (1x28) Israeli, American share 2005 Nobel for game theory work 4.

ADB says 'green' investments to triple in 10 years

ADB says 'green' investments to triple in 10 yearsDeutsche Press-Agentur, ManilaThe market for "green" investments and products in the Asia- Pacific region was expected to triple in the next 10 years, making protecting the environment a profitable venture, the Asian Development Bank (ADB) said on...

Hiking fuel prices: Much too easy!

Hiking fuel prices: Much too easy!From Republika The corruption that is pervasive in our society, not the soaring global price of oil, is the major cause of the economic crisis in this country. Consequently, the number of poor people is increasing, and more and more people cannot afford to pay for...

For Advertorial PUMA --- Wednesday, Oct. 12, 2005

For Advertorial PUMA --- Wednesday, Oct. 12, 2005 First PUMA concept store opens at Pondok Indah Mall 2 Lovers of well-known sports and lifestyle brand from the German giant, PUMA will have an opportunity to get more collections when PUMA opens its first concept store in Indonesia at the Pondok...

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'We have to make the statistics come alive' UNAIDS finds new ways to communicate at festivalAs part of the ongoing Ubud Writers and Readers Festival, the United Nations Program on HIV-AIDS (UNAIDS) invited young Indonesian writers, film directors and producers, journalists to a workshop on Sunday...

Jakartans to pay more to take a cab

Jakartans to pay more to take a cabDamar Harsanto, The Jakarta Post, JakartaShocked by the new taxi fares announced on Monday, Monica Chi, a senior executive with a foreign-based bank on Jl. MH Thamrin in Central Jakarta, made a quick decision."That's too expensive. Tomorrow I will take my own car .

Jakarta stock index; PT Telkom gain

Jakarta stock index; PT Telkom gainNaila Firdausi, Bloomberg/JakartaIndonesia's key stock index rose for the first day in three. PT Telekomunikasi Indonesia gained as some investors judged recent declines excessive relative to its earnings potential.

Illegal logging widespread

Illegal logging widespreadRusman, The Jakarta Post, SamarindaThe sound of chain saws was very load. Mustarmin, 37, and his four colleagues immediately scampered away from a big tree as it crashed into small trees around it.

Dancer finds true calling in 'butoh'

Dancer finds true calling in 'butoh'Asip Hasani, Contributor, YogyakartaShortly before a scheduled performance at an international performing arts festival in Yogyakarta (The 2nd Jogja Arts Festival 2005), in late September, outstanding butoh dancer Mitsuyo Uesugi canceled her planned solo...

Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct.10, 2005

Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct.10, 2005 ___________________________________________________________________________ Shares Close Change Trading volume ____________________________________________________________________________ Abdi Bangsa Tbk 275 0 0 Ades Waters...

JP/18/JABO

JP/18/JABOSawung Jabo, artist-musician with a missionDewi Anggraeni Contributor/Melbourne, AustraliaAccompanying Rendra in reciting and performing poetry is no mean feat. You definitely have to remain in the background, while discreetly filling the space with the right mood.

Pakistani Embassy clarifies

Pakistani Embassy clarifies I am writing to you with reference to news item titled More Australian fatalities identified (The Jakarta Post, Oct. 7).In the above news item, the name of one Pakistan national, Dr.

2nd Bali bombings have less adverse effects on investment

2nd Bali bombings have less adverse effects on investmentJames Van Zorge, Jakarta Governments and citizens alike often assess the risk of a terrorist attack much like they treat accidents. When we see or hear about an automobile accident, for example, we exercise much more caution when driving.

Eliminating terrorism

Eliminating terrorism Indonesia is one of the Muslim countries being targeted by terrorists due to its alliance with the U.S. We will never condone terrorism and instead should work hand-in-hand to make sure that there are no more acts of terror in Indonesia.

Australian troops hunt terrorists in RP

Australian troops hunt terrorists in RPAUSTRALIA: Elite Australian troops have joined the hunt for Jamaah Islamiyah terrorists in the Philippines, newspapers reported on Sunday.Australian agents and Special Air Service (SAS) Regiment troops were cooperating with Filipino soldiers in the hunt for...

Riau Islands to get new capital

Riau Islands to get new capitalBATAM, Riau Islands: After two years in the pipeline, the Riau Islands provincial government will finally relocate the provincial capital from Batam to Tanjung Pinang on Bintan Island early next year.

Canadian pop crooner cancels show for terror scare

Canadian pop crooner cancels show for terror scareJP/20/GUESSBuble cancels show due to terror scareJAKARTA: Due to its perception of a renewed terror threat in the country, the management of Canadian pop crooner Michael Buble has decided to call off the singer's one-date concert in Jakarta,...

Australia-RI ties 'remain strong'

Australia-RI ties 'remain strong'Michelle Nichols, Reuters/CanberraAustralia's push for Indonesia to ban militant network Jamaah Islamiyah (JI) and prevent further cuts to the jail term of the group's spiritual leader will not affect warming ties between the two neighbors, analysts said.

Amway to help sell SME products

Amway to help sell SME productsAs part of its effort to help boost the development of local products, multilevel marketing and distribution firm PT Amway Indonesia has entered into collaboration with 16 small and medium enterprises to distribute their products.

Ex-Mandiri directors face life

Ex-Mandiri directors face lifeTb. Arie Rukmantara, The Jakarta Post, JakartaFormer Bank Mandiri president director Edward Cornelis William Neloe and two other ex-directors of the largest state-owned bank stood trial here on Monday for a lending scam and could face life imprisonment if convicted.

Graft slows disbursement of fuel allowances

Graft slows disbursement of fuel allowancesThe Jakarta Post, Bandarlampung/Puncak Jaya/Kupang The greed of corrupt local officials is ensuring needy families throughout the country are missing out on the fuel compensation money.

WHO confirms RI's new bird flu case

WHO confirms RI's new bird flu caseThe Jakarta Post, JakartaA 21-year-old man hospitalized in Lampung was declared by the World Health Organization (WHO) as the country's latest confirmed bird flu case, a senior government official said on Monday.