Indonesian Political, Business & Finance News

Archive: 22 June 2005

80 articles found

A million rural workers get jobs in formal sector

A million rural workers get jobs in formal sectorZakki P. Hakim, The Jakarta Post, JakartaDespite constantly rising unemployment, the country last year saw more of its workers enjoying regular incomes and job security as an increasing number of rural workers moved into the formal sector, according...

Govt, GAM to discuss troop withdrawal

Govt, GAM to discuss troop withdrawalRendi A. Witular, The Jakarta Post, Jakarta The government and representatives of the separatist Free Aceh Movement (GAM) are scheduled to discuss a withdrawal of Indonesian Military (TNI) troops from Aceh as part of efforts to help resolve the decades-long...

CNOOC may make $20b cash bid for Unocal

CNOOC may make $20b cash bid for UnocalRob Stewart and Matthew Miller, Bloomberg, Hong Kong CNOOC Ltd., China's largest offshore oil and gas producer, may bid about US$20 billion in cash for Unocal Corp., the eighth- biggest U.S. oil company, trumping an offer from Chevron Corp.

BPK member denies Mulyana allegation

BPK member denies Mulyana allegation JAKARTA: Supreme Audit Agency (BPK) auditing team head Khairiansyah Salman plans to file a libel suit against General Elections Committee member Mulyana W. Kusumah, his lawyer says.

4heads

4heads1. Aceh (1x36) Govt, GAM to discuss troop withdrawal 2. Citizen (1x32) House to debate citizenship bill 3. SMK (1x32) Vocational schools seek support 4. Mal (2x18) Funds promised to fight malnutrition 5. Jamsost (3x14) More Jamsostek officials entangled in graft: Police

Adapting Koran to current realities

Adapting Koran to current realitiesHera Diani, The Jakarta Post, JakartaFor a 34 year-old, Muslim preacher-cum-gender activist Siti Ruqoyyah Ma'shum has been through more than most women her age in the marital department.

More Jamsostek officials entangled in graft: Police

More Jamsostek officials entangled in graft: PoliceEva C. Komandjaja, The Jakarta Post, JakartaPolice are set to name new suspects in an alleged graft case involving state-owned insurance firm PT Jamsostek following the detention of the company's former investment director Andi Alamsyah.

Pension funds should shift from deposits

Pension funds should shift from depositsThe Jakarta Post, JakartaIn the chase for higher returns, pension funds have shifted their investments from bank deposits to riskier portfolios, such as bonds and equities, according to the Indonesian Association of Pension Funds (APDI).

Blueprint prepared for Yogya's heritage

Blueprint prepared for Yogya's heritageSri Wahyuni, The Jakarta Post, YogyakartaThe Yogyakarta administration is preparing a detailed plan for the preservation of heritage areas in the city, which, it is hoped, will later serve as a pilot project for heritage sites nationwide.

Turtles struggle to survive poachers

Turtles struggle to survive poachersRusman, The Jakarta Post, BerauThe face of Surono, 36, a Berau fishermen here, showed annoyance when he spotted a green sea turtle (Chelonia mydas) shell. The shell lay on the beach but the animal inside it had gone.

RI reserves

RI reserves down to $34.27b JAKARTA: Indonesia's foreign currency reserves fell US$346.4 million to $34.27 billion during the second week of June, the central bank reported on Monday.Bank Indonesia said the decline was caused by a recent increase in U.S.

Anticorruption team focuses on bad debtors

Anticorruption team focuses on bad debtorsThe government-sponsored interdepartmental corruption eradication team investigation into a series of bad loan scams at state-owned Bank Mandiri are will be investigating more companies.

M'sia's inflation rate to moderate

M'sia's inflation rate to moderate KUALA LUMPUR: Malaysia's central bank on Tuesday said the country's inflation rate will ease toward the end of the year after rising sharply in recent months.The consumer price index, which measures inflation, "has increased to above 3 percent due to rising costs,...

checked -- JSR

checked -- JSR Oktagon to hold photofest on nation's development Evi Mariani The Jakarta Post/JakartaAt a room in Galeri Jurnalistik Antara, Central Jakarta, three Indonesian photo curators, Alex Supartono, Yudhi Soerjoatmodjo and Oscar Motuloh, are busy poring over 22,000 photo negatives of of...

Team to name murderers of Munir

Team to name murderers of MunirTiarma Siboro, The Jakarta Post, Jakarta The government-sanctioned fact finding team assigned to assist the police in the investigation of the death of Munir has concluded its six-month mandate, and is set to submit a full report to the President, which would include...

Malnutrion cases abound in Ambon's IDP shelters

Malnutrion cases abound in Ambon's IDP sheltersM. Azis Tunny, The Jakarta Post, AmbonThe life of refugees in several camps in Ambon city here is deteriorating. Bad sanitation has affected the health of the refugees, especially the children.

Jauhari hopes to keep the pace

Jauhari hopes to keep the paceMoch. N. Kurniawan, The Jakarta Post, Jakarta With the Jakarta International 10k only four days away, local runners say they will keep it close against more experienced international runners.

TV Program: Thursday, June 23, 2005

TV Program: Thursday, June 23, 2005 .TB.30" .90"TVRI 5:00 a.m. Religious Teachings6:00 News: Berita Pagi7:00 Cartoon: Tabaluga7:30 Cartoon8:30 Music: Asyik-Asyik10:00 Talk Show: Wirausaha11:00 News: Berita Nusantara 12:00 p.m.

UGM signs deal with social ministry

UGM signs deal with social ministryYOGYAKARTA: Gadjah Mada University and the Ministry of Social Affairs signed a memorandum of understanding on Tuesday on disaster handling and mitigation.Through the memorandum of understanding, the university will produce a map of areas prone to disaster, provide...

Fire razes areas in Greater Jakarta

Fire razes areas in Greater Jakarta JAKARTA: Fire hit three different neighborhoods of Greater Jakarta on Monday evening.No casualties reported in any of the incidents.The first incident took place at about 6:30 p.m.

Idle Cipanas villa makes comeback

Idle Cipanas villa makes comebackTheresia Sufa, The Jakarta Post, BogorOut of sight from the lines of cars heading to Puncak, the historic Cipanas presidential retreat returned briefly to the spotlight on June 5 when President Susilo Bambang Yudhoyono used it as the venue to honor environmentalists.

Telemedicine technology benefits overseas patients

Telemedicine technology benefits overseas patientsThe newly-established one-stop medical center Excellence Healthcare (EH), recently invited a group of Indonesian journalists including The Jakarta Post's Rita A. Widiadana to visit its establishment in Singapore.

JP/ /

JP/ /The Philippines: A Reality CheckJamil Maidan Flores Jakarta On the eve of the observance of the 107th anniversary of the proclamation of Philippine independence, there seems to be little to celebrate, if you go by all the bad news bannered by the newspapers and blared by the other media.

TPJ cuts Kalibaru water supply

TPJ cuts Kalibaru water supply JAKARTA: Tap water company PT Thames Pam Jaya (TPJ) announced on Monday that it had cut off the water supply to customers in Kalibaru, North Jakarta, who had not paid their bills for several months and to others who had tampered with water pipes.

Committee to deliberate mining bill formed

Committee to deliberate mining bill formedLeony Aurora, The Jakarta Post, JakartaThe House of Representatives has established a new special committee to deliberate a draft law on mineral and coal mining, which was proposed by the government.

Leaders must focus on one job

Leaders must focus on one job The inauguration of Malam Sambat (MS) Kaban -- the forestry minister in the present cabinet -- as chairman of the Crescent Star Party (PBB) on June 12 has created yet another minister who also holds a political party leader's post, like Vice President Jusuf Kalla who...

RP seeks to tighten border with Indonesia

RP seeks to tighten border with IndonesiaAgencies, ManilaPhilippine President Gloria Macapagal Arroyo pledged on Tuesday to work more closely with Indonesia to police the two countries' porous border, saying her government would make every effort to rescue an Indonesian hostage.

Kuningan regency seeks bank loan to repair schools

Kuningan regency seeks bank loan to repair schoolsNana Rukmana, The Jakarta Post, KuninganKuningan regental administration in West Java has applied for a Rp 10 billion (US$1.06 million) bank loan to repair elementary schools in the region.

*One million rural workers move to formal sector in 2004 Page 2

*One million rural workers move to formal sector in 2004 Page 2 *Govt, GAM to discuss armed forces withdrawal Page 4 *Condition in Ambon refugee camp deplorable Page 5 *Preventing the tragedy of teenage suicide Page 6 *Prosecutors appeal against Adiguna verdict Page 8 *Local runners hope to keep...

Preacher Roy on trial

Preacher Roy on trial JAKARTA: Islamic preacher Muhammad Yusman Roy went on trial Tuesday for performing prayers in Indonesian language, which Muslim ulemas said tarnishes the purity of Arabic-based Islam.

Clarification from environment office

Clarification from environment office With respect to a news report titled Waste to be sent back to the Netherlands, specifically with regard to the import of the paper waste amounting to 20 40-foot containers, as published in The Jakarta Post on May 17, the Office of the State Minister for the...

Banten governor Djoko charged in corruption case

Banten governor Djoko charged in corruption caseMulta Fidrus, The Jakarta Post, Serang, BantenThe corruption trial of Banten Governor Djoko Munandar began at the Banten District Court on Tuesday, with prosecutors charging him with misusing some Rp 14 billion of public funds in 2004.

JP/18/BRIEF

JP/18/BRIEFAccor thanks partners with cruise DENPASAR: Accor Hotel & Resort in Bali and Lombok is showing its gratitude to 50 partner travel agencies with an elegant cruise extravaganza featuring dinner on Lembongan island.

Aussie police on 'overt op' in RP

Aussie police on 'overt op' in RP MANILA: Philippine officials confirmed on Tuesday that a handful of Australian federal police have been providing forensic expertise, training and intelligence to Filipino counterparts, and said their operations were not covert.

Stock prices on the Jakarta Stock Exchange (in rupiah) on June 21, 2005

Stock prices on the Jakarta Stock Exchange (in rupiah) on June 21, 2005 ____________________________________________________________________________ Shares Close Change Trading Volume ____________________________________________________________________________ Abdi Bangsa Tbk 275 0 0 Ades Alfindo...

Fishermen protest against PT THIESS

Fishermen protest against PT THIESSBALIKPAPAN, East Kalimantan: Following an earlier protest, hundreds of fishermen in Balikpapan demanded on Tuesday that PT Thiess Contractor Indonesia provide them with compensation due to the drop in their fish catch.

Govt says vaccines do not harm children

Govt says vaccines do not harm children JAKARTA: Post-immunization deaths of five toddlers and hospitalization of seven others had nothing to do with the vaccines, a health ministry investigation team has announced.

JP/18/PILKD1

JP/18/PILKD1Denpasar, a model of political composureI Wayan Juniartha The Jakarta Post/Denpasar, BaliA few weeks ago, in the lead up to the election of Denpasar mayor, a good number of political pundits and security officers warned the public of the possible explosive days ahead.

Puteh refuses imprisonment, claims he has heart problems

Puteh refuses imprisonment, claims he has heart problemsThe Jakarta Post, JakartaFormer Nanggroe Aceh Darussalam governor Abdullah Puteh told prosecutors on Tuesday he was too ill to go to prison as he was still being treated at a Jakarta hospital for a heart disease.

PLN may shut down more power plants

PLN may shut down more power plantsLeony Aurora, The Jakarta Post, JakartaPeople living in Java and Bali are once again being told that they should reduce power consumption to avoid blackouts, this time due to the fact a number of power plants on these islands may be forced to shut down due to lack...

Arutmin halts production as fuel tankers detained

Arutmin halts production as fuel tankers detainedThe Jakarta Post JakartaWith the Indonesian Navy still detaining three of its tankers, coal mining firm PT Arutmin Indonesia suspended all operations at its Senakin mine in South Kalimantan on Monday due to a lack of fuel.

'Hard for us to make it in Jakarta'

'Hard for us to make it in Jakarta'As Jakarta celebrates its 478th anniversary with monthlong festivities, the administration seems unconcerned by reports of malnutrition and marasmus in the capital and complaints that public services are only available for those who can pay.

Banten Governor tried on corruption charge

Banten Governor tried on corruption chargeMulta Fidrus The Jakarta Post/Serang, Banten The corruption trial of Banten Governor Djoko Munandar began at the Banten District Court on Tuesday, with prosecutors charging him with misusing some Rp 14 billion of public funds in 2004.

Where to go in Bali for Thursday, June 23, 2005

Where to go in Bali for Thursday, June 23, 2005 .TB.30" 1.0" Kuta Carnival 2005* Balinese Dances at Satgas Pantai stage, Kuta beach: June 25, 3 p.m. to 6 p.m., Gong of Peace, Balinese Traditional Gamelan; June 26, 4 p.m., Legong dance, Joged Bumbung dance; June 28, 4 p.m.

Preventing the tragedy of teenager suicide

Preventing the tragedy of teenager suicideAndayani, Montreal Recent media headlines have reported an increasing number of cases of suicide among children and young adolescents in Indonesia. It comes as a shock to Indonesians as people in the country find it hard to imagine that very young...

Piloting Garuda through financial turbulence

Piloting Garuda through financial turbulenceRendi A. Witular The Jakarta Post/JakartaFor Emirsyah Satar, returning to troubled national flag-carrier Garuda Indonesia was like a trip down memory lane when he first worked at the airline as its chief financial officer (CFO) tasked with preventing it...

Mercedes-Benz to launch S-Class, continues serving the haves

Mercedes-Benz to launch S-Class, continues serving the havesPrimastuti Handayani The Jakarta Post/JakartaWith about 485,000 of its S-Class vehicles sold worldwide over the past seven years, Mercedes-Benz continues to serve the VIP segment ranging from businesspeople, celebrities and heads of state.

Oktagon to hold photofest on RI's development

Oktagon to hold photofest on RI's developmentEvi Mariani, The Jakarta Post, JakartaAt a room in Galeri Jurnalistik Antara, Central Jakarta, three Indonesian photo curators, Alex Supartono, Yudhi Soerjoatmodjo and Oscar Motuloh, are busy poring over 22,000 photo negatives of of images that capture...

Rupiah Rates June 21

Rupiah Rates June 21 Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 7,870.31 7,090.34 7,519.83 7,440.59 Brunei dollar 1 6,060.43 5,460.73 5,790.54 5,730.48 Canadian dollar 1 8,207.99 7,395.73 7,842.47 7,761.07 Swiss franc 1 7,990.87 7,201.32 7,635.02 7,557.

Arutmin stops production as fuel tankers detained

Arutmin stops production as fuel tankers detainedThe Jakarta Post, JakartaWith the Indonesian Navy still detaining three of its tankers, coal mining firm PT Arutmin Indonesia suspended all operations at its Senakin mine in South Kalimantan on Monday due to a lack of fuel.

Malnutrition -- it's the economy, not health, sir!

Malnutrition -- it's the economy, not health, sir!Endy M. Bayuni, The Jakarta Post, Jakarta The government has launched a series of measures to tackle the growing incidence of malnutrition affecting hundreds, probably thousands, of under-fives.

House to debate citizenship bill

House to debate citizenship billTony Hotland, The Jakarta Post, JakartaDual citizenship, equal rights for mothers over their children's citizenship and flexible regulations for mixed couples will be among topics raised in the House of Representatives' debate over the citizenship bill.

Govt won't revoke property decree

Govt won't revoke property decreeRendi A. Witular and Tiarma Siboro, The Jakarta Post, JakartaThe government has stated that it would not withdraw nor revise a regulation on land acquisition for public development purposes, despite strong protests from some sections of the public.

Vocational schools seek support

Vocational schools seek supportThe Jakarta Post, JakartaWalking through an entrance way marked with the sign Hostel Pradana, one finds a cafe, a travel agency, 29 hotel rooms and a tennis court. The monochromatic green compound on the busy street in Ragunan, South Jakarta, looks more like a resort...

ADB to disburse fund to fight malnutrition

ADB to disburse fund to fight malnutritionMAKASSAR: The Asian Development Bank (ADB) will disburse a US$15 million fund to help finance programs related to malnutrition problems. The fund will be disbursed in stages over five years starting in August this year, said Armyn Nurdin, the chief of...

1. PERPRES: 3 X 16

1. PERPRES: 3 X 16 Govt won't revoke property decree despite protests 2. DEPAG: 3 X 15 Ex-minister deemed responsible for haj fund misuse 3. MUNIR: 2 X 16 Team to name murderers of Munir 4. PLN: 1 X 30 PLN may shut down more power plants

Disabled criticize access to polls

Disabled criticize access to polls JAKARTA: The Indonesian Disabled Association (PPCI) has called for regional elections organizers to provide the proper facilities to enable handicapped people to exercise their right to vote.

Diva wins PKT export bid

Diva wins PKT export bid JAKARTA: PT Diva Trasindo won on Tuesday an open bid to export 15,000 tons of fertilizer from PT Pupuk Kalimantan Timur (PKT) at a proposed price of US$257.20 per ton.Diva will sign the free-on-board (FOB) deal for the export of urea granule fertilizer with PKT on Wednesday.

Legal certainty and police

Legal certainty and policeFrom KompasThe nation's antigraft struggle has achieved little since being launched eight years ago. Legal certainty has never materialized and is now even worse than before the reform era.

OIC needs economic muscle to be respected

OIC needs economic muscle to be respected JP/7/STAROIC needs economic muscle to be respected Wong Sulong The Star Asia News Network Selangor, Malaysia Finance, trade and economic ministers of the Organization of Islamic Conference (OIC) are in Kuala Lumpur over the next few days attending a series...

City lacks public facilities, service

City lacks public facilities, serviceWhile Jakarta beautifies itself prior to its 478th anniversary today, two tourists are forced to sit on the curb on Jl. Prof. M. Yamien, Central Jakarta, on Tuesday, because there are no parks or benches to be found around the heart of the capital.

Timor Leste told to manage wealth

Timor Leste told to manage wealth WASHINGTON: Poverty-struck Timor Leste has made "commendable progress" since wrenching its independence from Indonesia but needs to do much more to manage its new-found energy wealth, the IMF said on Monday.

RI reserves down to $34.27b

RI reserves down to $34.27b JAKARTA: Indonesia's foreign currency reserves fell US$346.4 million to $34.27 billion during the second week of June, the central bank reported on Monday.Bank Indonesia said the decline was caused by a recent increase in U.S.

To Washington and Paris: For what?

To Washington and Paris: For what?Budiono Kusumohamidjojo, Jakarta The recent news about the planned departure of legislators on comparative study trips to Washington DC and Paris is nothing new to a public cynical about the real motivations for elected officials' travel abroad.

Political parties a safe haven for corrupt politicians

Political parties a safe haven for corrupt politiciansM. Taufiqurrahman, Jakarta A progressive-thinking Cabinet member during the New Order era once said that to cover up past wrongdoings and avoid prosecution, one had to cling to the power he now had and if possible accumulate even more power.

Funds promised to fight malnutrition

Funds promised to fight malnutritionRendi A. Witular, The Jakarta Post, Jakarta The government promised on Tuesday to allocate Rp 83.5 billion (about US$8.7 million) in emergency funds to West and East Nusa Tenggara to help resolve the malnutrition problem in the two provinces.

Stock prices on the Jakarta Stock Exchange (in rupiah) on June 21, 2005

Stock prices on the Jakarta Stock Exchange (in rupiah) on June 21, 2005 ____________________________________________________________________________ Shares Close Change Trading Volume ____________________________________________________________________________ Abdi Bangsa Tbk 275 0 0 Ades Alfindo...

JP/19/RAIN

JP/19/RAINRI film 'Rainmaker' honored at Shanghai filmfestJohn Badalu Contributor/BeijingThe Eighth Shanghai International Film Festival declared Rainmaker (Impian Kemarau), directed by Ravi Bharwani, Best Film in the New Asian Talent competition, which ran from June 11 though June 19.

68H eyes Gateway award

68H eyes Gateway award WASHINGTON DC: Jakarta-based radio news station 68H is among six finalists chosen from a field of 135 nominations for the Development Gateway Award 2005.The US$100,000 award, to be announced in September, will recognize one of the finalists for outstanding achievement in...

Education law may protect child loborers

Education law may protect child loborersTony Hotland and Ridwan Max Sijabat, The Jakarta Post, JakartaIn the absence of legislation to protect workers in the informal sector, the education law and child protection law are regarded as the only legal mechanisms available to ensure children employed...

Headings

Headings1. ADIGUNA -- 1x24 Adiguna's sentence condemned 2. GUA -- 1x36 Guatemalan's molestation case to proceed 3. B-DAY -- 2x20 City lacks public facilities, services 4. ISTANA -- 1x30 Idle Cipanas villa makes comeback 5. SPEAK -- 1x30 'Hard for us to make it in Jakarta'

JP/18/PILKD2

JP/18/PILKD2The blazing war for attentionPerfectly aware that people have very short attention spans, Denpasar politicians exploited every available means of communication to ensure they had the people's undivided attention during the recently concluded election campaign.

MANILA: Philippine officials confirmed on Tuesday that a

MANILA: Philippine officials confirmed on Tuesday that a handful of Australian federal police have been providing forensic expertise, training and intelligence to Filipino counterparts, and said their operations were not covert.

Enjoy Jakarta?

Enjoy Jakarta? Historian Ridwan Saidi claimed the anniversary of Jakarta did not fall on June 22. The native Jakartan said the date now commonly accepted as the day Jakarta was founded was actually the date when Fatahillah, or Faletehan, attacked Jakarta on the orders of king Cirebon in the early...

'Islamic finance sector must be more innovative'

'Islamic finance sector must be more innovative'Agence France-Presse, Kuala LumpurMalaysia's central bank governor Zeti Akhtar Aziz said on Tuesday that the lucrative Islamic financial services industry must become more innovative and offer a bigger range of products.

JP/18/FESTIVAL

JP/18/FESTIVALThe 27th Bali Arts FestivalDaily Schedule All performances are held at the sprawling compound of Werddhi Budaya Art Center, Jalan Nusa Indah, Denpasar.Thursday, June 23 Topeng Pajegan masked dance at Wantilan, 11.00 am. Gambuh classical dance drama at Ratna Kandha stage, 08.00 pm.

Garuda to raise domestic fares

Garuda to raise domestic faresThe Jakarta Post, JakartaNational flag carrier PT Garuda Indonesia plans to increase its domestic airfares for the second time this year due to the rising cost of aviation fuels -- avigas and avtur.

Government told to develop refineries

Government told to develop refineriesLeony Aurora, The Jakarta Post, JakartaAgainst a backdrop of regular fuel scarcities and increasing fuel consumption, the House of Representatives has requested that the government prioritize the construction of refineries by both the state and private sector.

Ex-minister deemed responsible for haj fund misuse

Ex-minister deemed responsible for haj fund misuseEva C. Komandjaja, The Jakarta Post, JakartaInvestigators began on Tuesday the inquiry of former minister of religious affairs Said Agil Hussein Al-Munawar, who they believe was responsible for the misuse of huge sums of haj funds while in office.

Adiguna's sentence condemned

Adiguna's sentence condemnedAbdul Khalik, The Jakarta Post, JakartaProsecutors have filed an appeal with the Jakarta High Court against the seven-year prison sentence handed down by the Central Jakarta District Court to Adiguna Sutowo, who has been convicted of murdering Johannes "Rudy" Berchmans...