Indonesian Political, Business & Finance News

Archive: 30 March 2005

82 articles found

JP/4/Survey

JP/4/Survey New survey finds SBY satisfactory Hera Diani The Jakarta Post/Jakarta Despite criticism of the performance of President Susilo Bambang Yudhoyono and his administration, 57 percent of Indonesians are satisfied with his performance, according to a recent national survey. Conducted by the U.S.-based International Foundation for Election Systems (IFES) from Feb. 7 to Feb.

Rights for women in Islam

Rights for women in Islam Almost every day, there is news about women rights in The Jakarta Post. Most of the women rights violations are blamed on the apparently discriminatory Islamic law. These are a few, apparently, common forms of discrimination mentioned. - Why are women obliged to maintain purdah, to cover themselves properly? - Women are given less inheritance rights as compared to men. - Why are two women required to appear as a witness in court compared to one man?

JP/1/Quake1

JP/1/Quake1 Hundreds killed in Nias as quake triggers tsunami panic The Jakarta Post Jakarta Residents started to search through smoldering rubble for survivors on Nias island on Tuesday and relatives wept over the bodies of the dead after a huge undersea earthquake struck the region, which triggered tsunami early warning and caused massive panic across Indian Ocean nations, reports said. Death toll estimates ranged from 330 to 2,000.

RI installs new envoys for Italy, Nigeria

RI installs new envoys for Italy, Nigeria President Susilo Bambang Yudhoyono inaugurated on Tuesday Susanto Sutoyo and Nurhadi Djazuli as the new Indonesian ambassadors to Italy and Nigeria, respectively. Susanto, a career diplomat, is currently the director general for multilateral economic, financial and developmental affairs at the Ministry of Foreign Affairs. Nurhadi is a former chief secretary and deputy for domestic cooperation at the National Intelligence Agency.

Trade Minister appoints 10 new top officials

Trade Minister appoints 10 new top officials Zakki P. Hakim, The Jakarta Post, Jakarta Minister of Trade Mari E. Pangestu has swept a new broom through the top posts in her ministry in a bid to cut down on corruption and excessive red tape currently burdening exporters and importers.

Stock prices on the Jakarta Stock Exchange (in rupiah) on March 29, 2005

Stock prices on the Jakarta Stock Exchange (in rupiah) on March 29, 2005 _____________________________________________________________________________ Shares Close Change Trading Volume _____________________________________________________________________________ Abdi Bangsa Tbk 275 0 0 Ades Alfindo Tbk 1,850 -150 189,500 Adhi Karya 890 -80 17,308,500 Adira Dinamika 2,350 0 0 AGIS Tbk 135 -10 1,802,000 Akbar Indo Makmur 340 0 35,000 AKR Corporindo Tbk 1,170 10 4,868,500 Alakasa Industrindo 165...

Nias quake kills hundreds

Nias quake kills hundreds The Jakarta Post, Jakarta Hundreds of islanders in North Sumatra and Aceh who escaped the terrible waves of three months ago were killed early Tuesday in a strong earthquake. Residents started to search through smoldering rubble for survivors on Nias island on Tuesday and relatives wept over the bodies of the dead after a huge undersea earthquake struck the region, triggering tsunami warnings and causing massive panic around the Indian Ocean rim.

Regional dances on TV

Regional dances on TV From Media Indonesia A program to mark private TV station TPI's recent anniversary showcased some regional dances, beginning with a Sundanese dance performed gracefully by Raden Hedi Junus. The show was in marked contrast to the other sort of dance events aired by nearly all TV stations, with dancers displaying their navels -- something that was once criticized by President Susilo Bambang Yudhoyono.

AirAsia, Darwin ready to hold talks

AirAsia, Darwin ready to hold talks Agence France-Presse, Kuala Lumpur Asia's top budget carrier AirAsia and Australia's Northern Territory said on Tuesday they are willing to hold talks on flights between Malaysia's Sabah state on Borneo island and Darwin. "We never turn down any offer. We are keeping an open mind," Kamarudin Meranun, AirAsia's executive director told AFP.

Angie still in doubt for German Fed Cup tie

Angie still in doubt for German Fed Cup tie Musthofid The Jakarta Post/Jakarta With its work cut out for it in facing Germany in a World Group II Fed Cup tie next month, the national women's tennis team could find itself on a mission impossible if Angelique "Angie" Widjaja is ruled out by a nagging knee injury.

American citizen complains of extortion

American citizen complains of extortion JAKARTA: American citizen Brian McCaen has lodged a complaint against a number of officers from the Kemayoran Police, Central Jakarta, whom he said entered his house without a warrant. "They came twice, rudely banging on the door and entered my home. They harassed my wife when I was not at home, without any warrant nor any reason for being there.

Struck again

Struck again They say that lightning never strikes twice. But earthquakes apparently do. Just a few days over three months since a 9- magnitude temblor sent the ocean crashing over littoral areas around the region leaving 288,000 people dead or missing, another killer quake measuring 8.7 on the open-ended Richter scale jolted roughly the same area around the Indian Ocean near midnight on Monday.

Partnership may help free Asia, Africa from poverty: RI

Partnership may help free Asia, Africa from poverty: RI Ivy Susanti, The Jakarta Post, Jakarta Indonesian Minister of Foreign Affairs Hassan Wirayuda expressed optimism that a strategic partnership between Asian and African countries could help free both continents from the grip of poverty.

Killer gets eight months in Palu

Killer gets eight months in Palu PALU, Central Sulawesi: Sofyan Djumpai, alias Phian, 24, was convicted on Tuesday of involvement in last year's murder of prosecutor Ferry Silalahi in Palu, Central Sulawesi, and sentenced to eight months in prison. Prosecutors had asked the Palu District Court to jail the defendant for 10 years for his involvement in the murder of the prosecutor.

Tsunami alert shows nations much better prepared

Tsunami alert shows nations much better prepared Mark Bendeich, Reuters/Kuala Lumpur Shaken into reaction by the deadly Dec. 26 tsunami, Indian Ocean states showed on Tuesday they were much better prepared to deal with the possibility of another killer wave following an earthquake off Indonesia.

28 get travel bans over illegal logging

28 get travel bans over illegal logging JAKARTA: The National Police announced on Tuesday that travel bans had been placed on 28 people, mostly Malaysians, who allegedly financed illegal logging in Papua and other parts of the country. Police spokesman Sr. Comr. Zainuri Lubis said the suspects included only two Indonesian, while the remaining 26 were Malaysian citizens, including PT Wapoga Mutiara Timber president director Tan Eng Kwee and PT Malindo Utama Jaya president director Sie Kee Ming.

* Jakarta announces new taxi fares Page 2

* Jakarta announces new taxi fares Page 2 * New survey finds Susilo 'satisfactory' Page 4 * Security beefed up at prosecutor's office Page 5 * Bandung: Still a forum for innovative politics Page 7 * SMS may damage Adiguna's case Page 8 * Fan favorite Funk clinches Players' C'ship Page 9 * NU: Southern Thai case needs 'careful assessment' Page 11 * Govt drops bond issue after lukewarm response Page 13 * Kingdoms to kitchens -- a look at Indian cuisine Page 19

Rupiah ends at eight-month low on dollar demand

Rupiah ends at eight-month low on dollar demand Jakarta, Dow Jones The rupiah ended at an eight-month low on Tuesday on robust month-end dollar demand and continued selloffs in local stocks, dealers said. A powerful 8.7-magnitude earthquake that devastated a small island off North Sumatra on Monday night added to the negative sentiment in the local unit, they added. The dollar closed at Rp 9,505, up from Monday's close of Rp 9,435.

Reformists may form splinter PDI-P

Reformists may form splinter PDI-P Dwi Atmanta and M. Taufiqqurahman, The Jakarta Post, Denpasar The Indonesian Democratic Party of Struggle (PDI-P) will likely be rattled by a major split, as senior party members opposed to Megawati Soekarnoputri's leadership are preparing for a breakaway congress, claiming the current meeting lacks legitimacy.

Govt drops third bond issue after lukewarm response

Govt drops third bond issue after lukewarm response Urip Hudiono, The Jakarta Post, Jakarta The government canceled plans to auction Rp 2 trillion (US$215 million) in local-currency bonds on Tuesday, following a lukewarm response from investors. The decision is another blow to the government's efforts to raise funds from public debts, having earlier decided to postpone the offering of at least $1 billion worth of dollar-dominated bonds amid a volatile global bond market.

DONE

DONE FOR SPOTLIGHT -- WEDNESDAY, MARCH 30, 2005 DATA SECURITY: PT Gardatama Nusantara and Malaysia's Network Security Solutions (NSS) MSC SDN BHD have signed a cooperation accord on data and network security. The MoU was signed by PT Gardatama's director Jeffrey ZA Baadilla and NSS CEO Jagdeep Kairon on March 23, 2005 in Jakarta. Seen in the photo (from left to right) are project leader Taufan Prasetya, PT Gardatama's HR&GA A.

Poultry breeders to get bird flu vaccines

Poultry breeders to get bird flu vaccines Suherdjoko, The Jakarta Post, Semarang Over 23 million doses of bird flu vaccine have been prepared to prevent the disease from spreading like wildfire in Central Java, an official said on Tuesday.

Landslide hits Kampar, W. Lombok

Landslide hits Kampar, W. Lombok Puji Santoso and Trisna Wahyuni, The Jakarta Post, Kampar/Mataram Landslides have hit several areas in Kampar regency, Riau province and West Lombok regency, West Nusa Tenggara province, leaving three houses buried in mud and six villages cut off from the outside world. The landslide in Kebon Ayu subdistrict, West Lombok regency, happened on Tuesday following heavy rain that began on Sunday.

Bogor land broker gets 2 years

Bogor land broker gets 2 years Theresia Sufa, The Jakarta Post, Jakarta The Cibinong district court declared on Tuesday land broker Djejen Teteng, 55, guilty of deception and sentenced him to two years in prison. The verdict was a year shorter than requested by state prosecutors. Djejen was known as a top land broker in Cisarua district, Bogor regency, West Java. However, he was involved in selling disputed land.

'I long for more creative films'

'I long for more creative films' After decades of hibernation, the Indonesian film industry has begun to show signs of life, led by a pack of young actors, directors and writers. In observance of National Film Day on March 30, The Jakarta Post asked residents for their views on local movies. Ulisarmi, 24, an employee of a private company on Jl. Sudirman, South Jakarta. He lives in Setiabudi, also in South Jakarta. I have enjoyed going to the cinema since I was in senior high school.

Three nations to sell shares in AAF

Three nations to sell shares in AAF Zakki P. Hakim, The Jakarta Post, Jakarta Malaysia, Thailand and Singapore plan to sell all 27 percent of their shares in the ailing fertilizer producer PT ASEAN Aceh Fertilizer (AAF) in Nanggroe Aceh Darussalam to any interested investors, a senior executive says. AAF president director Rauf Purnama said on Tuesday that the three members of the Association of Southeast Asian Nations (ASEAN) announced their plan in a shareholder's meeting last month.

Indonesia quake triggered by Dec. 26 mega-shock

Indonesia quake triggered by Dec. 26 mega-shock Michael Perry Reuters/Sydney A huge undersea earthquake that killed hundreds in Indonesia overnight was a result of increased geological stress caused by last December's mega-quake that sent a devastating tsunami across southern Asia, seismologists said. And they warned of a third big earthquake in the area sooner or later. Monday night's 8.7 magnitude shock was centered 160 km southeast of the epicenter of the 9.0 magnitude Dec.

Aneka Tambang halts commissioning

Aneka Tambang halts commissioning JAKARTA: PT Aneka Tambang, an Indonesian gold and nickel miner 65 percent-owned by the Indonesian government, said it halted commissioning of its FeNi II ferronickel smelter. "Abnormal metal levels in the furnace and higher than normal temperatures at the bottom of the furnace indicated refractory loss and possible damage to bricks at the bottom of the electric furnace," the Jakarta-based company said in a statement to the Australian Stock Exchange.

Prosecutors named for Munir case

Prosecutors named for Munir case JAKARTA: The Attorney General's Office has reportedly set up a team of prosecutors to deal with the murder of top human rights campaigner Munir. Based on a letter sent by the Attorney General's Office to the high prosecutor's office in Jakarta, the team's establishment was necessary, considering that "in the near future, several people may be declared suspects in the case".

Land broker gets 2 years for deception

Land broker gets 2 years for deception Theresia Sufa The Jakarta Post/Jakarta The Cibinong district court declared on Tuesday land broker Djejen Teteng, 55, guilty of deception and sentenced him to two years in prison. The verdict was a year shorter than requested by state prosecutors. Djejen was known as a top land broker in Cisarua district, Bogor regency, West Java. However, he was involved in selling disputed land.

Consultant blames PASI for Sakeh's training troubles

Consultant blames PASI for Sakeh's training troubles Moch. N. Kurniawan, The Jakarta Post, Jakarta Runner Ahmad Sumarsono Sakeh is experiencing a difficult adjustment in the first few months of his two-year training program in Germany, a sports consultant to the education ministry says.

Indonesians happy battlers: Survey

Indonesians happy battlers: Survey Hera Diani, The Jakarta Post, Jakarta While media reports often focus on doom and gloom -- price hikes and the rampant corruption, poor investment climate and widespread social injustice and poverty in the country -- a recent national survey made public on Tuesday revealed that most Indonesians are a happy, content lot, who are positive about the future.

Regional dances on TV

Regional dances on TV From Media Indonesia A program to mark private TV station TPI's recent anniversary showcased some regional dances, beginning with a Sundanese dance performed gracefully by Raden Hedi Junus. The show was in marked contrast to the other sort of dance events aired by nearly all TV stations, with dancers displaying their navels -- something that was once criticized by President Susilo Bambang Yudhoyono.

More people with TB in Jambi

More people with TB in Jambi JAMBI, Jambi: The number of people infected with tuberculosis in Jambi municipality reached 385 this year, almost twice the number of people who contracted the virus last year, or 199 people, a senior health official said on Monday. The chief of communicable disease prevention at Jambi municipal government, Erwita, said that the high number of people infected with the virus was mostly attributed to low awareness about leading a healthy life style.

Police arrest alleged killer of teenage girl

Police arrest alleged killer of teenage girl The Jakarta Post, Jakarta The Jakarta Police announced on Tuesday the arrest of the lone suspect in the murder of 11-year-old Heni Febrina "Febi" Purnama Sari, who was kidnapped, beaten, raped and killed on Feb. 17, two days after her birthday. Ahmad Yusuf, 33, who lived in the rented house where the body of Febi was discovered several days after her abduction, was arrested on Monday morning at his parents' house on Jl.

Rohmat 'not linked to terror attacks'

Rohmat 'not linked to terror attacks' Eva C. Komandjaja, The Jakarta Post, Jakarta An investigation conducted by the Indonesian police working along with the Philippines security forces revealed that Rohmat, an Indonesian citizen nabbed in the Philippines last week on terror charges, was not involved in any terror activities in Indonesia. Spokesman at the National Police Sr. Comr.

World sends condolences, offer help to quake-hit RI

World sends condolences, offer help to quake-hit RI Agencies, New Delhi/Canberra A number of countries across the globe sent their condolences on Tuesday to Indonesia and offered help after an earthquake hit Nias island and killed several hundred people. Indian Prime Minister Man Mohan Singh conveyed his condolences to Indonesian President Susilo Bambang Yudhoyono and the bereaved families in a special message on Tuesday.

Earthquake brings bad memories back

Earthquake brings bad memories back Apriadi Gunawan and Sjofiardi Bachyul The Jakarta Post/Medan/Padang With her four-year-old daughter sobbing in her arms, Elly rushed from her house in Belawan area after a very strong earthquake measuring 8.7 on the Richter scale jolted Medan city late on Monday. Fearing another tsunami, Elly was desperate to get as far away from the coast as possible, fleeing with her neighbors to higher ground on Belmerah toll road.

The rules of the diplomatic game in Southeast Asia go

The rules of the diplomatic game in Southeast Asia go something like this. Whatever a government, despotic or JP/6/E00 business. Specifically, the key neighborhood club -- the Association of Southeast Asian Nations (ASEAN) -- lists as a core principal the "non-interference in the internal affairs" of another member state. When ASEAN was founded in 1967 this cosy deal was enthusiastically embraced.

Legislators criticize Juwono over Ambalat disclosure

Legislators criticize Juwono over Ambalat disclosure Tony Hotland, The Jakarta Post, Jakarta Several legislators criticized Minister of Defense Juwono Sudarsono for publicly announcing the results of what were meant to be confidential talks on financial preparations for possible military operations in an ongoing border dispute with Malaysia.

UN 'well-funded' for new quake disaster aid

UN 'well-funded' for new quake disaster aid Reuters, Geneva UN relief agencies said on Tuesday their aid effort in Indonesia following December's tsunami disaster was well-funded and they were unlikely to need more cash after the latest quake in the region. Indonesian officials say about 1,000 died -- mainly on a small island off the island of Sumatra -- when the tremor shook the area overnight, although the country's vice president said the toll could rise to 2,000.

Angie still in doubt for Fed Cup tie

Angie still in doubt for Fed Cup tie Musthofid, The Jakarta Post, Jakarta The tough proposition of facing Germany in a World Group II Fed Cup tie could become a mission impossible for the national women's tennis team if Angelique "Angie" Widjaja is ruled out by a nagging knee injury.

Mega wins support in PDI-P meet

Mega wins support in PDI-P meet M. Taufiqurahman and Dwi Atmanta, The Jakarta Post, Denpasar As expected, delegates attending the national congress of the Indonesian Democratic Party of Struggle (PDI-P) unanimously accepted on Tuesday the accountability report of outgoing chairwoman Megawati Soekarnoputri and renominated her as the only viable candidate to lead the party for the next five years.

Earthquake brings back bad memories

Earthquake brings back bad memories Apriadi Gunawan and Sjofiardi Bachyul, The Jakarta Post, Medan/Padang With her four-year-old daughter sobbing in her arms, Elly rushed from her house in Belawan area after a very strong earthquake measuring 8.7 on the Richter scale jolted Medan city late on Monday. Fearing another tsunami, Elly was desperate to get as far away from the coast as possible, fleeing with her neighbors to higher ground on Belmerah toll road.

1. ANALYSIS: 1 LINE, 49 COUNTS

1. ANALYSIS: 1 LINE, 49 COUNTS Tax amnesty suggestion has powerful support in Cabinet 2. AAF: 1 LINE, 32 COUNTS Three nations to sell shares in AAF 3. TAXI: 2 LINES, 21 COUNTS Jakarta taxi fares go up by 36 percent 6 4. IFES: 1 LINE, 32 COUNTS Indonesians happy battlers: Survey

Opportunities in tsunami's wake

Opportunities in tsunami's wake Christopher Jasparro, Yale Center for the Study of Globalization, Honolulu The tsunami tragedy has begun fading from the headlines, but the aftermath of relief efforts in Indonesia's Aceh could have far-reaching consequences.

LARASATI

LARASATI Jepara, Central Java

Telkom tipped to post 14% profit gain

Telkom tipped to post 14% profit gain Soraya Permatasari, Bloomberg/Jakarta PT Telekomunikasi Indonesia, the nation's biggest phone company, may say 2004 profit rose 14 percent after adding sales with low call rates and an expanded network, even as competition from overseas companies intensified. Net income probably rose to Rp 6.94 trillion (US$737 million) in the year ended Dec. 31, from Rp 6.09 trillion a year earlier, according to the median estimate of seven analysts surveyed by Bloomberg.

Susilo delays trips in honor of quake victims

Susilo delays trips in honor of quake victims Muninggar Sri Saraswati and Rendi A. Witular, The Jakarta Post, Jakarta As a token of sympathy to the victims of the 8.7-magnitude earthquake affecting Nias and Simeuleu islands, President Susilo Bambang Yudhoyono delayed his visit to Australia, New Zealand and East Timor scheduled to start on Wednesday. Instead, Susilo will pay a visit to the quake-affected areas, which were also affected by the Dec.

1. Quake (55) - 65 pts 6 cols 1line (1x20)

1. Quake (55) - 65 pts 6 cols 1line (1x20) Nias quake kills hundreds 2. PDI-P (55) -- 42 pts 4 cols 1line (1x28) Reformists may form splinter PDI-P 3. Hassan (30) -- 28 pts 2 cols 2lines (2x18) Susilo delays trips in honor of quake victims --- 4. Photo, Grafik, ad

Diarrhea kills 23 in Maluku

Diarrhea kills 23 in Maluku AMBON, Maluku: At least 23 toddlers have died from diarrhea in the past month in Ambalau district, Buru regency, Maluku. The chief of Ambalau district, Ruslan Makatita, blamed the large number of deaths on a shortage of medical professionals in the area. There are only two nurses for thousands of people in the district, said Ruslan on Tuesday. He said he had filed a report with the Buru regency government asking for help dealing with the outbreak.

Future rides on land use

Future rides on land use Douglas Sheil and Imam Basuki, Bogor One of the worst environmental disasters in Indonesian history was an ambitious but failed rice-growing project in Central Kalimantan during the Soeharto era. One million hectares of virgin forest were staked on a venture that proved a dud. All that remains is a wasteland of little value to local people or anyone else. It was like the government was playing a game where the potential payout was huge, but so were the risks.

Rival to testify in Sangaji's trial

Rival to testify in Sangaji's trial JAKARTA: The South Jakarta Prosecutor's Office is to summon the leader of a notorious "youth organization", John Refra Key, to testify in a trial arising out of the brutal murder of the leader of another organization, Basri Sangaji, next week, public prosecutor Noerhasan Ridwan said on Tuesday. Eight members of Key's group have been named defendants in the case.

SMS may damage Adiguna's case

SMS may damage Adiguna's case The Jakarta Post, Jakarta Prosecutors introduced new evidence in the murder trial of wealthy businessman Adiguna Sutowo on Tuesday. The six-strong prosecution team, led by Andi Herman, submitted to the Central Jakarta District Court a cell phone allegedly belonging to Adiguna's driver, Haidar, containing a text message sent from a number belonging to someone identified as Abu that read: "Secure everything, including the media. Mr.

Boats seized with logs

Boats seized with logs Naval soldiers stand on one of the three boats towing 3,000 logs of timber suspected to have been illegally felled is docked at the Tanjung Balai Karimun Naval Base, Riau. Base commander Lt. Col. Bambang Wahyudi told The Jakarta Post on Tuesday the boats were intercepted in waters off Riau Islands on Sunday at 2 a.m and the boats' crews and captains had been arested -- 23 people in total.

Experts puzzled by no tidal wave

Experts puzzled by no tidal wave Jaymes Song, Associated Press/Ewa Beach, Hawaii Tsunami experts could not understand why Monday's forceful earthquake off Indonesia failed to produce massive waves similar to those generated by the Dec. 26 quake that killed at least 174,000 people in the same region. A magnitude 8.7 quake shook Indonesia's west coast, killing hundreds of people and spreading panic that another devastating tsunami was on the way.

PBR 'opposes' Zainuddin's bid

PBR 'opposes' Zainuddin's bid JAKARTA: Noted Muslim preacher Zainuddin MZ is facing strong resistance from within the Reform Star Party (PBR) to his bid to win a second term as the party's leader, PBR officials said on Tuesday. PBR deputy secretary Miqdad Husein said the majority of party executives in the regions did not want Zainuddin to run for a second term during the party's three-day congress from April 26 to April 28.

Timah quadruples 2004 profit on higher prices

Timah quadruples 2004 profit on higher prices Leony Aurora, The Jakarta Post, Jakarta State-owned PT Timah, the world's largest integrated tin miner, more than quadrupled its profit in 2004 on higher tin prices and a weaker rupiah against the dollar. Net income last year shot up to Rp 177.9 billion (US$18.92 million) from 2003's revised profit of Rp 36.5 billion, despite lower production volumes and sales, the Bangka-based company stated in a press release.

Security beefed up at prosecutor's office after attack

Security beefed up at prosecutor's office after attack Luh Putu Trisna Wahyuni, The Jakarta Post, Mataram Security was tight at the West Nusa Tenggara Prosecutor's Office on Tuesday following Monday's attack by thousands of alleged supporters of Governor Lalu Serinata demanding the release of nine jailed graft suspects. Dozens of police were on guard on Tuesday, while all visitors to the office had to pass through a metal detector.

Darmin Nasution new Bapepam chief

Darmin Nasution new Bapepam chief The Jakarta Post, Jakarta Minister of Finance Yusuf Anwar officially installed Darmin Nasution as the new chairman of the Capital Market Supervisory Agency (Bapepam) on Tuesday. Darmin will also remain in his current post as the finance ministry's director general for financial institutions, until the ministry completes the planned integration of the directorate general with Bapepam.

Latest quake triggered by Dec. 26 mega-shock

Latest quake triggered by Dec. 26 mega-shock Michael Perry, Reuters/Sydney A huge undersea earthquake that killed hundreds in Indonesia overnight was a result of increased geological stress caused by last December's mega-quake that sent a devastating tsunami across southern Asia, seismologists said. And they warned of a third big earthquake in the area sooner or later. Monday night's 8.7 magnitude shock was centered 160 km southeast of the epicenter of the 9.0 magnitude Dec.

World sends condolences, offer help to quake-hit Indonesia

World sends condolences, offer help to quake-hit Indonesia Agencies New Delhi/Canberra Several countries across the globe sent their condolences on Tuesday to Indonesia and offered help after an earthquake hit its island of Nias and killed several hundreds of people. Indian Prime Minister Man Mohan Singh conveyed his condolences to Indonesian President Susilo Bambang Yudhoyono and the bereaved families in a special message on Tuesday.

Jakarta taxi fares go up by 36 percent on average

Jakarta taxi fares go up by 36 percent on average Damar Harsanto, The Jakarta Post, Jakarta Nearly a month after the government raised fuel prices on March 1, the Jakarta administration announced on Tuesday new fares for taxis operating in the city. "I have signed a gubernatorial decree on the increase this morning. The new tariff will be effective on Wednesday (today)," Jakarta Governor Sutiyoso said on the sidelines of a meeting at Borobudur Hotel in Central Jakarta.

BRI net profit rises 41% to Rp 3.63t

BRI net profit rises 41% to Rp 3.63t Leony Aurora, The Jakarta Post, Jakarta Bank Rakyat Indonesia (BRI), the country's fourth largest lender by assets, has reported an increase of 40.89 percent in its net income last year to Rp 3.63 trillion (US$386.17 million). The high net income resulted from an expansion in lending and a lower interest burden. The audited profit exceeded the bank's forecast, president director Rudjito told a press conference on Tuesday.

Rp 6b fund needed for police

Rp 6b fund needed for police PALU, Central Sulawesi: An official at the Central Sulawesi Police Headquarters acknowledged the police force needed at least Rp 6 billion (US$666,666) in operational funds to provide security during the upcoming direct elections of heads of local government in the province.

Tax amnesty suggestion has powerful support in Cabinet

Tax amnesty suggestion has powerful support in Cabinet Vincent Lingga, The Jakarta Post, Jakarta Apparently buoyed by its success in ushering in the unpopular policy of increasing fuel prices, the government is preparing another politically sensitive measure -- tax amnesty -- to lure back billions of dollars, which Indonesian businesspeople reportedly transferred overseas during the height of the economic crisis in 1998.

NU head in Thailand to discuss violence

NU head in Thailand to discuss violence Novan Iman Santosa, The Jakarta Post, Bangkok Sorting out the problems in Thailand's restive south requires a careful assessment, which can only be done after getting first- hand information on what is really going on there from local community leaders before laying out a plan.

[b]Bandung: Still

Bandung: Still a Forum for Innovative Politics Adam Tyson Leeds, Britain 2. Yale -- Indian diplomacy energized by search for oil 1 x 30 Search for oil and Indian diplomacy Pramit Mitra Yale Center for the Study of Globalization Washington

Urging people to apply work ethos

Urging people to apply work ethos Benget Simbolon Tnb., The Jakarta Post, Jakarta "Everybody has the spirit of success within. They only need to find it and revive it persistently to achieve success," said Jansen Hulman Sinamo, the chairman of Darma Mahardika Institute, a company that trains people in achieving success. Jansen founded the institute in 1985. At that time he worked for an oil exploration company.

Aceh rebuilding still needs clear policy framework: Activists

Aceh rebuilding still needs clear policy framework: Activists Hera Diani, The Jakarta Post, Jakarta The government is being urged to design a clear policy framework for the reconstruction of tsunami-devastated Aceh, particularly one that is based on the participation of the Acehnese people.

3 x 14

3 x 14 New survey finds Susilo satisfactory JP/4/ACEH 1 x 60 Aceh rebuilding still needs clear policy framework: Activists JP/4/rohmat 4 x 10 Rohmat 'not linked to terror attacks' JP/4/ambalat 2 x 28 Legislators criticize Juwono over Ambalat disclosure

Extradition: Singapore and Ba'asyir

Extradition: Singapore and Ba'asyir Patricia Silalahi, Jakarta An article about our relations with Singapore which appeared in this newspaper on March 14, entitled Extradition treaty must exclude terrorism by Bambang Widjojanto and Mohamad Mova Al'Afgani was very interesting, and perhaps also controversial. The two writers pointed out that an extradition treaty with Singapore could jeopardize national stability as the treaty might aggrieve Islamic fundamentalists.

RI asks Santos to speed up exploration to boost output

RI asks Santos to speed up exploration to boost output Bloomberg, Jakarta Indonesian government asked Santos Ltd., Australia's third- largest oil and gas producer, to speed up exploration at the Jeruk field off East Java because the country needs to increase its oil output to stay a net exporter. Indonesia expects an additional 150,000 barrels a day from Jeruk field when it is fully developed, Minister of Energy and Mineral Resources Purnomo Yusgiantoro said on Monday.

Cibinong books loss due to forex debt

Cibinong books loss due to forex debt JAKARTA: PT Semen Cibinong, Indonesia's third biggest cement maker by volume, said it booked a loss last year because of the higher cost of servicing its foreign-currency debt. The Jakarta-based company, controlled by Jona, Switzerland- based Holcim Ltd., had a loss of Rp 533.1 billion (US$56 million), or Rp 70 a share, from a profit of Rp 174.2 billion in 2003, or Rp 23 a share, it said in a statement published in the Bisnis Indonesia newspaper.

RI quake was felt in Singapore

RI quake was felt in Singapore SINGAPORE: A huge earthquake off the Indonesian island of Sumatra could be felt in parts of Singapore on early Tuesday, the local meteorological services division said. The tremors were felt in parts of the island around 10 minutes after midnight (11:10 p.m.), it said in a statement. Local newspaper reported on Tuesday residents in several areas fled from their high-rise apartment homes after feeling the tremors.

BII pays 30 percent profit for dividend

BII pays 30 percent profit for dividend The Jakarta Post, Jakarta Publicly listed Bank Internasional Indonesia, the country's sixth largest lender by assets, announced at its shareholders' meeting on Tuesday that it would set aside 30 percent of its 2004 profit as a dividend. The bank booked a profit of Rp 822 billion last year, which means the holders of its 47,783,346,231 shares would receive a total of Rp 246.5 billion, or Rp 5.15 per share.

Bandung: Still a forum for innovative politics

Bandung: Still a forum for innovative politics Adam Tyson, Leeds, Britain We are approaching the 50th anniversary of the Asia-Africa Conference to be held in Bandung, the capital of West Java, to commemorate the spirit of political alliance temporarily achieved in the past and to come to terms with the political challenges of the present day.

FACTBOX-Indonesia's Nias island at a glance

FACTBOX-Indonesia's Nias island at a glance JAKARTA, March 29 (Reuters) - An earthquake with a magnitude of 8.7 off the west coast of Sumatra has killed hundreds on the Indonesian island of Nias, a popular destination with foreign and local surfers. The quake struck late on Monday in nearly the same spot as a magnitude-9 event last Dec. 26 that triggered a huge tsunami which left nearly 300,000 people dead or missing across the Indian Ocean region.

KL will change ringgit peg only if better option found

KL will change ringgit peg only if better option found Malaysia is not averse to changing its seven-year-old currency peg but it will only do so if it can find a better alternative to promote trade, investment and economic growth, a senior central bank official said on Tuesday. Bank Negara Malaysia deputy governor Ooi Sang Kuang said any changes to the peg of 3.80 to the dollar, fixed since September 1998, must be weighed carefully given the possible impact on the whole economy.

RP to lead pressure against Myanmar

RP to lead pressure against Myanmar PHILIPPINES: The Philippines will lead pressure to strip Myanmar of the ASEAN chairmanship in 2006 during an international inter- parliamentary meeting, the country's top legislator said on Tuesday. Legislators from the 10-member Association of Southeast Asian Nations (ASEAN) will meet in Manila on the sidelines of the Inter-Parliamentary Union (IPU) meeting on April 3 to call for reforms in Myanmar, said Senate president Franklin Drilon.

Asia-Pacific region hard hit by natural disasters, UN says

Asia-Pacific region hard hit by natural disasters, UN says Jun Kwanwoo, Agence France-Presse/Seoul The Asia-Pacific region has accounted for four out of every five global victims of natural disasters for the past century and remains highly vulnerable, a UN report said on Tuesday. The release of the report at a conference of regional environment ministers came hours after a major earthquake rocked Indonesia, leaving hundreds and possibly thousands dead.

Malaysians told to head for hills

Malaysians told to head for hills MALAYSIA: Malaysian police advised people living along the country's west coast on Tuesday to get out of the path of a possible tsunami after a huge 8.2 magnitude earthquake struck off the coast of Sumatra. Police went door to door in low-lying coastal communities in the early hours of the morning to send out the warning to head for higher ground after the quake off Indonesia's Sumatra island shook neighboring Malaysia, a police spokesman said.