Indonesian Political, Business & Finance News

Archive: 28 June 2005

68 articles found

Team's report the entree to a tougher Munir inquiry?

Team's report the entree to a tougher Munir inquiry? Imanuddin Razak The Jakarta Post/JakartaThe move by Asmara Nababan on Wednesday to reveal part of the findings of the government-sanctioned team's investigation into rights campaigner Munir's murder should be given the big thumbs up.

Belongings stolen in overnight theft

Belongings stolen in overnight theft BOGOR: Participants of an outbound training program in Cilember village, Cisarua district, Bogor were caught short after their belongings were stolen in an overnight theft at the Gardena Hotel on June 18.

Rupiah Rates June 27

Rupiah Rates June 27 Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 7,809.20 7,036.53 7,461.61 7,383.94 Brunei dollar 1 6,066.31 5,465.02 5,796.30 5,734.84 Canadian dollar 1 8,236.68 7,423.78 7,870.06 7,790.30 Swiss franc 1 7,988.51 7,199.59 7,632.95 7,555.

Corby reinstates Indonesian lawyers

Corby reinstates Indonesian lawyersReuters, Jakarta An Australian woman jailed in Indonesia for smuggling drugs has rehired the Indonesian lawyers she sacked a few days ago, in the latest twist in a case that has gripped Australians.

Munir case still far from over

Munir case still far from overEva C. Komandjaja and Muninggar Sri Saraswati, The Jakarta Post, JakartaThe fact-finding team probing last year's murder of human rights campaigner Munir has completed its work and submitted a report of its findings to the President, but it is unlikely that the high-...

Govt withdraws history textbooks

Govt withdraws history textbooksThe Jakarta Post, JakartaA historian has said history can sometimes be "his story". Indonesia's prolonged controversy over the various historical accounts of the now-defunct Indonesian Communist Party (PKI) in the 1965 coup could fall into this description.

More adjusted splits may soon be in place

More adjusted splits may soon be in placeLeony Aurora, The Jakarta Post, JakartaWith government and U.S. energy giant ExxonMobil agreeing last week in principle to a new contract splitting production from the Cepu oil block in line with global oil prices, petroleum firms operating here are...

Prabowo to face the music at AGO

Prabowo to face the music at AGO JAKARTA: The Attorney General's Office (AGO) said on Monday it will question retired three-star general Prabowo Subianto this week in connection with an alleged lending scam at the giant state-owned Bank Mandiri.

Gambia backs Indonesia's bid to secure UNSC seat

Gambia backs Indonesia's bid to secure UNSC seatThe Jakarta Post, JakartaThe Republic of Gambia has expressed support for Indonesia's bid for a nonpermanent seat on the United Nations Security Council for 2007-2008.

Local elections peaceful despite threats, delays

Local elections peaceful despite threats, delaysThe Jakarta Post, JakartaPoll cancellations, protests and rumors of clashes disrupted the landmark direct local leadership elections in some of the country's regencies and municipalities on Monday.

Three suspects reconstruct attack

Three suspects reconstruct attack AMBON, Maluku: Three suspects in an attack on a Mobile Brigade police post on Loki island in Maluku reconstructed the crime on Monday.The suspects -- Abdulah Umamit, alias Dullah, Zainudin Nasir, alias Nurdin, alias Safni, alias Weljon, and Asep Djaja, alias Aji...

Pedestrian tunnel planned for Kota

Pedestrian tunnel planned for Kota JAKARTA: The Jakarta administration plans to build a 109-meter pedestrian tunnel connecting the Kota railway station in West Jakarta to the Bank Mandiri building across Jl. Pintu Besar Utama.

TV Program: Tuesday, June 28, 2005

TV Program: Tuesday, June 28, 2005TVRI .TB.30" .90" 5:00 a.m. Religious Teachings6:00 News: Berita Pagi7:00 Cartoon: Tabaluga8:30 Music: Asik-asik10:00 Talk Show: Agribiz11:00 News: Berita Nusantara12:00 p.m.

Rupiah Rates June 27

Rupiah Rates June 27 Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 7,809.20 7,036.53 7,461.61 7,383.94 Brunei dollar 1 6,066.31 5,465.02 5,796.30 5,734.84 Canadian dollar 1 8,236.68 7,423.78 7,870.06 7,790.30 Swiss franc 1 7,988.51 7,199.59 7,632.95 7,555.

Military wants battalions in border areas

Military wants battalions in border areasThe Jakarta Post, JakartaThe establishment of military battalions in border areas is urgently needed due to the increasing threats to Indonesia from domestic and overseas elements, the Army chief said on Monday.

Supreme Court director claims judiciary works well

Supreme Court director claims judiciary works wellRidwan Max Sijabat, The Jakarta Post, JakartaThe Supreme Court appears to be turning a blind eye to corruption allegations in the judiciary, playing down the controversial sentences recently handed down to wealthy criminals, including murderer...

Agency says it keeps close eye on fire traps

Agency says it keeps close eye on fire trapsAbdul Khalik, The Jakarta Post, JakartaDespite a handful of high-profile slum fires in recent weeks, the Jakarta fire agency's education campaign in recent years has led to a significant decline in the overall number of blazes.

*Underpaid college graduates eye housemaid job Page 3

*Underpaid college graduates eye housemaid job Page 3 *Govt bans use of latest history textbooks Page 4 *Acehnese children determined to study Page 5 *Team's report the entree to a tougher Munir inquiry? Page 6 *Book piracy thrives amid wretched law enforcement Page 8 *Govt pins more hopes on SOE...

Air India to add Jakarta-Mumbai flights

Air India to add Jakarta-Mumbai flightsThe Jakarta Post, JakartaIndia's national flag carrier, Air India, plans to increase its flights on the Jakarta-Mumbai route, but also to terminate other services.Air India Manager for Indonesia Ranjana N.

The customs of corruption

The customs of corruption Nothing seems to have changed within our customs service. It remains among the most corrupt public institutions in the country, together with the directorate general of taxation and the police.

FOR Marketing Perspective -- June 28

FOR Marketing Perspective -- June 28 SOE privatization: Quo Vadis? Erwin Tunggul Setiawan Jakarta It is generally understood that privatization is a process in which public or state ownership of an enterprise is transferred to a private party.

Nur Mahmudi still leads Depok election

Nur Mahmudi still leads Depok electionAbdul Khalik, The Jakarta Post, JakartaMuslim scholar Nur Mahmudi Ismail of the Prosperous Justice Party (PKS) maintained his lead over Badrul Kamal of the Golkar Party on Monday as elections officials concluded vote counting in two districts in Depok, West...

Bambang leading in Surabaya poll

Bambang leading in Surabaya pollIndra Harsaputra and ID Nugroho, The Jakarta Post, SurabayaJust hours after the city mayoral election was over, incumbent Bambang Dwi Hartono had a commanding lead in the provisional vote with 50.

Protesters attack police station

Protesters attack police station BANDARLAMPUNG, Lampung: Hundreds of protesters attacked the Selagailingga Police station in Central Lampung on Sunday night, damaging two cars and setting office equipment and two motorcycles on fire.

State companies: The dream that never comes true

State companies: The dream that never comes trueKafi Kurnia, Jakarta The Javanese term gemah ripah loh jinawai (great prosperity and great fertility), a saying that Bung Karno, Indonesia's first president was fond of popularizing as one of the aspirations of the new Republic of Indonesia,...

SOE privatization program: Quo Vadis?

SOE privatization program: Quo Vadis?Erwin Tunggul Setiawan, Jakarta It is generally understood that privatization is a process in which public or state ownership of an enterprise is transferred to a private party.

1. ROUNDUP: 3 X 15

1. ROUNDUP: 3 X 15 Local elections peaceful despite threats, delays 2. MUNIR: 1 X 32 Munir case still far from over 3. ARMY: 1 X 36 Military wants battalions in border areas 4. KLAN: 1 X 40 The 'Kennedys of Java': Families in politics

'Young people need creativity outlets'

'Young people need creativity outlets'A recent survey by the Cinta Anak Bangsa Foundation, a non- governmental organization concerned with drug use among teenagers, found that young people were becoming more permissive toward pornography, drugs and violence.

FOR Marketing Perspective -- June 28

FOR Marketing Perspective -- June 28;JP; ANPAd..r.. State-firms-quovadis SOE privatization: Quo Vadis? Erwin Tunggul Setiawan Jakarta It is generally understood that privatization is a process in which public or state ownership of an enterprise is transferred to a private party.

Sampoerna plans gradual retail price increase

Sampoerna plans gradual retail price increaseThe Jakarta Post, JakartaPT Hanjaya Mandala Sampoerna Tbk., the country's second largest cigarette producer, is gradually raising prices to allow consumers to absorb the impact of a government-mandated price hike, according to president director Martin...

Stock prices on the Jakarta Stock Exchange (in rupiah) on June 27, 2005

Stock prices on the Jakarta Stock Exchange (in rupiah) on June 27, 2005 ____________________________________________________________________________ Shares Close Change Trading Volume __________________________________________________________________________ Abdi Bangsa Tbk 275 0 0 Ades Alfindo Tbk...

FOR ADS HK TOURISM BOARD Tuesday

FOR ADS HK TOURISM BOARD TuesdayFreelance journalist to represent Indonesia in Hong Kong Shopping Competition Kenny Santana, a Jakarta-based freelance journalist, has been declared the Indonesian contender in the 2005 Shopper of the Year competition in Hong Kong in the middle of next monthThe 26...

Govt pins more hopes on SOE dividends

Govt pins more hopes on SOE dividendsUrip Hudiono, The Jakarta Post, JakartaUpbeat that this year will be a profitable one for state-owned enterprises (SOEs), State Minister for State Enterprises Sugiharto says the government will maximize their dividend payments, rather than pushing for their...

PLN's bonus distribution

PLN's bonus distributionFrom TempoIt is unreasonable for state electricity company PLN to distribute bonuses, though PLN's loss decreased by over half from Rp 5.9 trillion in 2003 to Rp 2.02 trillion in 2004, which was a very big success.

Hyperegulated society and its discontents

Hyperegulated society and its discontentsMohamad Mova Al 'Afghani, Jakarta The recent National Legislation Program (Prolegnas) meeting listed 83 draft laws to be enacted in the year 2006 and 53 draft laws for the year 2007-2009.

PLN's bonus distribution

PLN's bonus distributionFrom TempoThe distribution of what the State Electricity Company (PLN) claimed as bonuses is very unreasonable, though PLN's loss decreased by over half from Rp 5.9 trillion in 2003 to Rp 2.02 trillion in 2004, which was a very big success.

Believe in your country!

Believe in your country! I am a businessman and a former diplomat, concerned about investment in Indonesia.Since the start of President Susilo Bambang Yudhoyono's administration, hopes have been high for increasing the growth rate of the economy in order to create enough jobs to accommodate the...

The 'Kennedys of Java': Families in politics

The 'Kennedys of Java': Families in politicsSuherdjoko, The Jakarta Post, KendalFormer Kendal regent Hendy Boendoro recalls an event in 1965, which he says was a determining point in his political career.

Acehnese children determined to study

Acehnese children determined to studyApriadi Gunawan, The Jakarta Post, MeulabohDesperate to return to school, 14-year-old Sukriadi and eight- year-old Syafril had to leave their mother behind in Calang, Aceh Jaya regency, to study in the Serambi Mekkah Islamic boarding school in Meulaboh.

Sampoerna plans gradual price increase

Sampoerna plans gradual price increaseThe Jakarta Post JakartaPT Hanjaya Mandala Sampoerna Tbk., the country's second largest cigarette producer, is gradually raising prices to allow consumers to absorb the impact of a government-mandated price hike, according to president director Martin King.

Fuel shortage hits Aceh

Fuel shortage hits Aceh EAST ACEH, Nanggroe Aceh Darussalam: Aceh has been suffering from fuel shortages for the past two months, leaving many gas stations in the province unable to meet demand.All four gas stations in Langsa municipality are regularly overrun by long lines of vehicles.

House backs Sutanto as police chief

House backs Sutanto as police chiefThe Jakarta Post, JakartaBarring unforeseen obstacles, Comr. Gen. Sutanto will take over from Gen. Da'i Bachtiar as the National Police chief in the coming few weeks.Major factions in the House of Representatives, including self-styled opposition party, the...

Ex-Jamsostek president quizzed

Ex-Jamsostek president quizzedEva C. Komandjaja, The Jakarta Post, JakartaFormer president director of state-owned insurance firm PT Jamsostek Ahmad Junaedi was questioned at the National Police Headquarters on Monday in connection with the alleged misuse of Rp 250 billion (US$26.

Oil prices to stay $50-$60 this year

Oil prices to stay $50-$60 this yearLeony Aurora, The Jakarta Post, JakartaGlobal oil prices are likely to remain between US$50 and $60 throughout the year amid strong demand and an overall improvement in the world economy, an analyst says.

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.

Asia-Pacific server sales robust

Asia-Pacific server sales robust Server sales in the Asia-Pacific region reflected robust growth during the first quarter of this year, with China contributing 40 per cent of the total revenue, a research agency reported on Monday.The 8.

Underpaid college grads eye job as maid

Underpaid college grads eye job as maidZakki P. Hakim, The Jakarta Post, JakartaAbout 1,000 people flocked to a reality show audition earlier this month, where local soap opera heartthrob Ari Wibowo was looking for a domestic helper with a promised monthly salary of Rp 10 million (US$1,050) for a...

Special body to build border areas

Special body to build border areas SAMARINDA, East Kalimantan: President Susilo Bambang Yudhoyono plans to set up a special institution to speed up development work in the country's border areas.East Kalimantan Governor H.

Semen Gresik to give Rp 182.2b in dividends

Semen Gresik to give Rp 182.2b in dividendsRendi A. Witular, The Jakarta Post, JakartaShareholders of PT Semen Gresik, the country's largest cement maker, agreed late on Monday to allocate 35 percent of last year's Rp 521 billion net profit as dividends, or Rp 182.2 billion (US$18.

City convinces public of polio vaccine safety on second round

City convinces public of polio vaccine safety on second roundDamar Harsanto, The Jakarta Post, JakartaFirst Lady Kristiani Yudhoyono is scheduled to open the second phase of the polio vaccination drive in East Jakarta on Tuesday in a bid to convince the public that the vaccination is safe.

Australia ready to sign TAC: Foreign minister

Australia ready to sign TAC: Foreign ministerAgence France-Presse, Sydney, AustraliaAustralia is prepared to sign a Southeast Asian non-aggression pact it had previously rejected in order to join an emerging East Asia regional trade grouping, Foreign Minister Alexander Downer said on Monday.

Matriarch in Aceh sees great-great-granddaughter born

Matriarch in Aceh sees great-great-granddaughter bornMargie Mason, Associated Press/Banda AcehKhatijah's eyes dance as she coos and tickles her 3-month-old great-great-granddaughter.Six months ago, baby Manda Nisrina was still in the womb and 105-year-old Khatijah was praying for God to save her...

TOKYO: Japanese judo queen Ryoko Tani is to give up her bid

TOKYO: Japanese judo queen Ryoko Tani is to give up her bid for a record-stretching seventh straight world title to have a baby, she said on Monday. The 29-year-old double Olympic champion, who is married to Japanese baseball player Yoshitomo Tani, had been favorite to extend her winning run in...

Jatropha oil, a promising alternative energy

Jatropha oil, a promising alternative energy Yuli Tri Suwarni The Jakarta Post/BandungDiscovering an affordable and cleaner burning alternative energy source has long been the dream of industrial chemical engineer Robert Manurung.

Stock prices on the Jakarta Stock Exchange (in rupiah) on June 27, 2005

Stock prices on the Jakarta Stock Exchange (in rupiah) on June 27, 2005 ____________________________________________________________________________ Shares Close Change Trading Volume __________________________________________________________________________ Abdi Bangsa Tbk 275 0 0 Ades Alfindo Tbk...

Team's report the entree to a tougher Munir inquiry?

Team's report the entree to a tougher Munir inquiry? Imanuddin Razak The Jakarta Post/JakartaThe move by Asmara Nababan on Wednesday to reveal part of the findings of the government-sanctioned team's investigation into rights campaigner Munir's murder should be given the big thumbs up.

Child labor a 'multidimensional' problem

Child labor a 'multidimensional' problemThe Jakarta Post, JakartaHendra, an 11-year-old street beggar and trash collector, stays silent and stares at the sky when asked whether he wants to continue his education.

Three die in pile-up

Three die in pile-up INDRAMAYU, West Java: Three people died and 20 more were injured when two trucks and a public bus collided in the northern coastal area of Pantura, Indramayu, on Monday.Truck driver Sarmanto, assistant Suliadi, and bus driver's assistant Zaenal were killed instantly in the...

Kupang, the dirtiest city? Shame!

Kupang, the dirtiest city? Shame! When I read the email letter written by Zafar Young from Singapore proposing that Kupang, the capital of East Nusa Tenggara (NTT), get an award for the dirtiest and nosiest city in Indonesia, I was not surprised.

Keppel, Petronas sign US$1.8b gas deal

Keppel, Petronas sign US$1.8b gas dealAgence France-Presse, Singapore Singapore's state-linked Keppel Energy signed on Monday an 18- year contract worth S$3 billion (US$1.8 billion) to buy natural gas from Malaysia's Petronas, the firms announced.

Gamblers hope to beat the odds in Lampung mayoral election

Gamblers hope to beat the odds in Lampung mayoral electionOyos Saroso H.N., The Jakarta Post, MetroAs many Metro residents in Lampung went to the polls on Monday, others were more concerned with the outcome of the mayoral election from the gambling perspective.

Haze from RI fires spreads to Malaysia

Haze from RI fires spreads to MalaysiaMALAYSIA: A thick haze shrouding Malaysia's tourist island of Penang and caused by fires in neighboring Indonesia has spread to the mainland, meteorological officials said on Monday.

Book piracy thrives amid wretched law enforcement

Book piracy thrives amid wretched law enforcementAbdul Khalik, The Jakarta Post, JakartaWhile handing out books to several senior high school students, Ucok, 38, spoke to a college student who just arrived outside his bookstore in Senen, Central Jakarta to buy a dictionary.

Caltex to work oil block in N. Sumatra

Caltex to work oil block in N. Sumatra JAKARTA: Chevron Corp., the second-largest U.S. oil company, will partner an Indonesian company to operate the Kisaran oil prospect in North Sumatra, a company official said.

Fair now free for elderly, toddlers

Fair now free for elderly, toddlers JAKARTA: The organizers of the Jakarta Fair 2005 said on Monday that they would allow the elderly and children under five to visit the fair without paying the entrance fee.

Team's report entree to tougher Munir probe?

Team's report entree to tougher Munir probe?Imanuddin Razak, The Jakarta Post, JakartaThe move by Asmara Nababan on Wednesday to reveal part of the findings of the government-sanctioned team's investigation into rights campaigner Munir's murder should be given the big thumbs up.

Shares end lower led by selling in Indofood

Shares end lower led by selling in IndofoodBloomberg, Jakarta Indonesian shares ended lower on Monday, led by selling in food producer Indofood Sukses Makmur on worries the company may delay its plan to sell a stake in its flour unit to the public this year, dealers said.

IFC supports Komodo park

IFC supports Komodo park JAKARTA: The International Finance Corporation (IFC) has pledged to provide US$5 million in grants aimed at ensuring effective long-term management and sustainable financing of the Komodo National Park, home to some of the world's richest diversity at sea and on land.