Indonesian Political, Business & Finance News

Archive: 7 June 2005

68 articles found

Rupiah Rates June 6

Rupiah Rates June 6 Banknote rates TT rates Selling Buying Selling Buying Australian dollar 1 7,624.51 6,867.20 7,282.62 7,209.05 Brunei dollar 1 6,049.33 5,447.56 5,778.07 5,718.74 Canadian dollar 1 8,077.57 7,274.48 7,715.36 7,636.60 Swiss franc 1 8,059.49 7,258.77 7,698.09 7,620.

The challenge of the new Indonesia

The challenge of the new Indonesia The alarm bells went off again this week. However, the shrill response to the terrorism scare at the Indonesian embassy in Canberra was not just more of the same old sniping across the bilateral divide.

Headings

Headings1. ADIPURA Experts cold-shoulder Adipura award winners 2. KAYU -- 1x32 Schools to replace wood furniture 3. GRAFT -- 1x32 Peruri chiefs no-show on summons 4. SPEAK -- 1x30 'Recycling is good business'

Aboeprijadi Santoso

Aboeprijadi Santoso Helsinki 2. New -- Golkar may ride back on regional muscle 2 x 30 Local elections could expand Golkar's political power base Amy Chew New Straits Times

1. PLN2 -- Securing reliable electricity supply: The challenge of

1. PLN2 -- Securing reliable electricity supply: The challenge of project 1 x 38 Part 2 of 2The challenge of financing power projects Hardiv H Situmeang Jakarta2. Budi -- Arbotratopm: Fairness as justice 2 x 21 Arbitration as mechanism to resolve disputes Budiono Kusumohamidjojo Jakarta 3.

Religious obligations

Religious obligations I would like to reply to the letter from Yani Prasatya published in The Jakarta Post on of June 1.If Yani Prasatya read my previous letter carefully, she will find that I have never claimed that my views are a proven science.

'Recycling is good business'

'Recycling is good business'Think globally, act locally, environmentalists say. The proper handling of household waste, though often overlooked, could eventually save natural resources and reduce pollution.

Corby's sentence too severe

Corby's sentence too severe Surely, your chief editor (The Jakarta Post, May 30) is not suggesting that the lengthy prison sentence imposed on Schapelle Corby was determined, in part, by widespread Australian discontent about the fairness of her trial.

Stock prices on the Jakatarta Stock Exchange (in rupiah) on June 6, 2005

Stock prices on the Jakatarta Stock Exchange (in rupiah) on June 6, 2005 ______________________________________________________________________________ Share Close Change Trading Volume ______________________________________________________________________________ Abdi Bangsa Tbk 275 0 0 Ades...

BHP may invest US$300m in Indonesian coal mine

BHP may invest US$300m in Indonesian coal mineBloomberg, Melbourne BHP Billiton, the world's biggest exporter of coking coal used by steelmaker, may spend US$300 million developing a new mine in Indonesia to help meet rising demand for the fuel through 2010, Merrill Lynch & Co. said.

Experts blame urban problems for rising teen suicide rate

Experts blame urban problems for rising teen suicide rateAbdul Khalik, The Jakarta Post, JakartaWith the glamor of life in the metropolis a constant attraction for the young and a source of frustration for those who cannot afford to enjoy it, the family of 17-year-old Yuni Anggraeni never expected...

Helsinki talks essential for Aceh and Indonesia

Helsinki talks essential for Aceh and IndonesiaAboeprijadi Santoso, HelsinkiThe Helsinki peace talks on Aceh may have to find a way to respect the Acehnese right to their own political parties, which the Free Aceh Movement (GAM) apparently is asking for as a compromise for dropping its independence...

Patrol boat heads to Malacca Strait

Patrol boat heads to Malacca StraitTOKYO: Japan sent an armed patrol vessel to the Malacca Strait on Monday as Tokyo steps up its cooperation in the fight against rampant piracy in the region.The 5,200-ton Yashima with a surveillance helicopter on board left Yokohama port southwest of Tokyo for...

New suspect named in Tentena blasts

New suspect named in Tentena blastsRuslan Sangadji and Tony Hotland, The Jakarta Post, Poso/JakartaThe police have named another suspect in connection with the deadly bombings in the Christian town of Tentena, Central Sulawesi, as an intelligence analysis has revealed that the perpetrators are...

Peruri chiefs no-show on summons

Peruri chiefs no-show on summonsAbdul Khalik, The Jakarta Post, JakartaThe president director and two directors of state banknote printing company Peruri, suspects in a Rp 2.3 billion (US$242 million) graft case, failed to show up at city police headquarters on Monday for questioning.

KPK to summon minister this week

KPK to summon minister this weekThe Jakarta Post, JakartaThe Corruption Eradication Commission (KPK) has requested the President's permission to question Minister of Justice and Human Rights Hamid Awaluddin in relation to alleged corruption in the General Elections Commission (KPU).

Now in high demand, vocational schools suffer funding constraints

Now in high demand, vocational schools suffer funding constraintsVocational schools, high in demand but suffering funding constraintsThe Jakarta Post, Jakarta At a time when skilled workers are most needed, vocational schools, aiming to supply the professional market, find themselves favored by...

Scavengers complain over dump closure

Scavengers complain over dump closure JAKARTA: More than 400 scavengers have lost their source of livelihood over the past three weeks after a temporary dump in Semper Timur, East Jakarta, was closed down by the members of the Betawi Brotherhood Forum (FBR).

Monitoring the lizards

Monitoring the lizardsKomodo lizards may well have been the source for the myth of Chinese dragons. Ancient seafarers heard stories of these weird monsters even if seldom encountered.The first description was published following a 1910 Dutch expedition to the area which shot and skinned two beasts.

PLN wants to raise power rates 12 percent

PLN wants to raise power rates 12 percentThe Jakarta Post, Jakarta State utility company PT Perusahaan Listrik Negara (PLN) is seeking government approval to increase electricity rates by an average of 12 percent next year to help offset higher fuel costs, company executives say.

Scientists worried by possibility of another huge Sumatra quake

Scientists worried by possibility of another huge Sumatra quakeSyofiardi Bachyul Jb, The Jakarta Post, PadangThe Indonesian Institute of Sciences (LIPI) is worried about the possibility of another massive earthquake that could trigger a tsunami of the west coast of Sumatra, thus endangering the...

RI can be a great country

RI can be a great country I refer to the account in The Jakarta Post on May 21 of the presidential address on the occasion of National Awakening Day, wherein he urged the Indonesian people to "feel proud of themselves and do the best they can for the country".

Komodo dragon kingdom under threat

Komodo dragon kingdom under threatDuncan Graham, Contributor, SurabayaThe few Australians who venture east of Kuta and enter Wallacea -- the Indonesian islands crunched between Kalimantan, New Guinea and Australia -- often find the terrain curiously familiar.

Chief of Denpasar court receives suspicious letter

Chief of Denpasar court receives suspicious letterThe Jakarta Post, JakartaBali police were investigating on Monday a letter that had a "bad odor" sent to the chief of the Denpasar court that recently convicted a young Australian woman to 20 years in prison on drug charges.

Local elections could expand Golkar's political power base

Local elections could expand Golkar's political power baseAmy Chew, New Straits Times, Kuala Lumpur Indonesia's largest political party, Golkar, looks set to further expand its power as the party enters the country's first- ever regional elections, which kicked off on June 1, as the contender...

RI democratic

RI democratic consolidation From Bisnis Indonesia The deepening and expansion of democracy, or democratic consolidation, needs behavioral and institutional changes that reflect socioeconomic demands and democratic values in society.

Eradicate pornography

Eradicate pornographyFrom Media IndonesiaThe sexual harassment by seven Jakarta high school girls against their younger peers and cellular phone flicks that depict bare-breasted school girls masturbating should arouse our deep concern.Many other such cases have certainly escaped the media's eye.

Kadin seeks stronger partnership with local administrations

Kadin seeks stronger partnership with local administrationsZakki P. Hakim and Urip Hudiono, The Jakarta Post, JakartaHoping to take advantage of its increasing influence, the Indonesian Chamber of Commerce and Industry (Kadin) wants to recruit more local businesspeople and strengthen public-private...

1. Secure (1x42)

1. Secure (1x42) Police name new suspect in Tentena blasts 2. KPU (1x28)KPK to summon minister this week 3. Gempa (2x28)LIPI worried by possibility of another huge Sumatra quake 4. Box (2x18) Quake altered Nias' position 6. Busung (3x15) Minister blames local government for malnutrition

Arbitration as mechanism to resolve disputes

Arbitration as mechanism to resolve disputesBudiono Kusumohamidjojo, Jakarta "Fairness as justice" is in no way simply the reverse of "justice as fairness" being the theoretical principle embraced by the renowned American legal thinker John Rawls in 1971 in his A Theory of Justice and reconfirmed...

Minister blames local govts for malnutrition

Minister blames local govts for malnutritionRendi A. Witular and ID Nugroho, The Jakarta Post, Jakarta/SurabayaRegional autonomy is to blame for the recent high number of cases of malnutrition in some provinces, as local governments have failed to extend enough state funds to the poor, a minister...

China's snack-food demand boosts palm oil sales

China's snack-food demand boosts palm oil salesBloomberg, Jakarta/Beijing Malaysia's IOI Corp. and Indonesia's PT Astra Agro Lestari are selling more palm oil in China, the world's biggest consumer of the edible oil, as rising wages and growing city populations stoke demand for snacks and fast...

Correction to article

Correction to articleRegarding my opinion piece titled Media, defamation and judicial review: Comparison with Australia published in The Jakarta Post on May 12, I would like to correct a small error in the article.

Local loyalties raise concerns ahead of Sulawesi elections

Local loyalties raise concerns ahead of Sulawesi electionsAndi Hajramurni, The Jakarta Post, MakassarThe influence of royal lineage has been evident in the run up to direct regional elections, which are slated to be held in coming weeks in South Sulawesi province.

Earthquake altered Nias' position

Earthquake altered Nias' position The massive quake that hit Nias island on March 28 has altered its position.Based on a LIPI study, the island shifted 12 meters westwards, away from Sumatra, a few seconds after the quake.

Susilo wants public to shame dirty cities

Susilo wants public to shame dirty citiesRendi A. Witular, The Jakarta Post, Cipanas, West JavaPresident Susilo Bambang Yudhoyono urged the public on Monday to become involved in the campaign to make their cities or towns clean by mocking governors, mayors and regents who fail to provide a decent...

Commerce sets out strategy to become regional bank

Commerce sets out strategy to become regional bankEileen NG, Associated Press, Kuala Lumpur Malaysia's second-largest banking group on Monday announced a major restructuring to consolidate its assets - including an Indonesian bank and a stockbroking firm in Singapore - as part of an ambitious plan...

1. GAM ------ 2x18

1. GAM ------ 2x18 Aceh rebels warn TNI may wreck peace deal 2. Kalpataru - 2x16 Susilo wants public to shame dirty cities 3. Munir ----- 2x18 Team fails to question Hendro over Munir case 4. Suicide --- 2x26 Experts blame urban problems for rising teen suicide rate

Regulations expected to curb discs piracy

Regulations expected to curb discs piracyThe Jakarta Post, JakartaThe government expects the recent enactment of a set of regulations on optical discs will enable it to significantly curb rampant piracy, which one estimate says accounts for about 90 percent of optical discs produced in the country.

Overseas trips and homework

Overseas trips and homework Several legislators have been questioning the results of President Susilo Bambang Yudhoyono's 12-day overseas trip that took him and the First Family to the United States, Vietnam and Japan until Friday.

Experts cold-shoulder Adipura award winners

Experts cold-shoulder Adipura award winnersDamar Harsanto, The Jakarta Post, JakartaCentral Jakarta and South Jakarta may have impressed the judges of the Adipura awards, being honored on Monday in the category of cleanest metropolis, but environmentalists were decidedly unimpressed.

Thousands protest poll violations

Thousands protest poll violationsSAMARINDA: Thousands of people demonstrated on Monday in front of the office of the Election Supervisory Committee (Panwaslu) in Kutai Kartanegara, East Kalimantan, to protest violations of election rules in last week's polls.

Govt attempts to nurture stagnant high-tech industry

Govt attempts to nurture stagnant high-tech industryRendi A. Witular, The Jakarta Post, JakartaIndonesia is striving to become a supplier of telecommunication equipment and infrastructure within five years, with a blueprint currently being drafted that contains the necessary policies for developing...

Permata's rating raised by Moody's

Permata's rating raised by Moody'sJAKARTA: PT Bank Permata, Indonesia's seventh- largest lender, had its bank financial strength rating raised by one level by Moody's Investors Service, which cited the reputation of the bank's shareholders.

Stop human exports

Stop human exportsFrom Koran TempoThe news carried by Koran Tempo labeling Indonesia as the world's largest human exporter is interesting and surprising -- especially the quantity of this human traffic -- from 75,000 to 1 million citizens sent overseas a year, including women and children as the...

Aussie lawmakers to visit Aceh

Aussie lawmakers to visit AcehJAKARTA: A delegation of the Australian Parliament is scheduled to make a three-day visit to Indonesia from Monday to assess the use of Australian aid in tsunami-hit Nanggroe Aceh Darussalam, among other things.

Part 2 of 2: The challenge of financing power projects

Part 2 of 2: The challenge of financing power projectsHardiv H Situmeang, Jakarta Though project finance is not cheap, it remains the most promising mechanism for financing new generating capacity in Indonesia. Most of the IPPs developed during the 1990s relied on project finance.

Failure of NPT nuclear review conference

Failure of NPT nuclear review conferenceJ. Soedjati Djiwandono, Jakarta The United Nations NPT (Non-Proliferation Treaty) Review Conference of 2005 was held on May 2-27. However, with Indonesia being so preoccupied with serious domestic problems the nation's media has barely covered this very...

Stop human exports

Stop human exportsFrom Koran TempoThe news carried by Koran Tempo labeling Indonesia as the world's largest human exporter is interesting and surprising -- especially the quantity of this human traffic -- from 75,000 to 1 million citizens sent overseas a year, including women and children as the...

Corby's sentence too severe

Corby's sentence too severe Surely, your chief editor (The Jakarta Post, May 30) is not suggesting that the lengthy prison sentence imposed on Schapelle Corby was determined, in part, by widespread Australian discontent about the fairness of her trial.

Ex-BIN chief snubs team investigating Munir case

Ex-BIN chief snubs team investigating Munir caseHera Diani, The Jakarta Post, JakartaWith just two weeks left of its mandate, a government-sanctioned fact-finding team remains unable to speak with former National Intelligence Body (BIN) chief A.M.

Poll body chairman evades questioning

Poll body chairman evades questioning JAKARTA: The Jakarta General Elections Commission (KPU Jakarta) chairman Muhammad Taufik failed to show up for questioning at the Jakarta Prosecutor's Office on Monday.

RI farm sector needs Rp 77.7t in new investment

RI farm sector needs Rp 77.7t in new investmentZakki P. Hakim, The Jakarta Post, JakartaThe country's agricultural sector needs fresh investment of up to Rp 77.7 trillion (US$8.11 billion) in the next five years for the sector to grow by just 3.58 percent -- up from this year's estimated 2.

*Chief of Denpasar court receives suspicious letter Page 2

*Chief of Denpasar court receives suspicious letter Page 2 *Scientists worried by another possible huge quake in Sumatra Page 4 *Why is Helsinki talk essential for Aceh and Indonesia? Page 6 *Precocious Nadal unlikely to be a one-Slam wonder Page 10 *PLN wants to raise power rates 12 percent Page...

Offering hope, freedom for RI wildlife

Offering hope, freedom for RI wildlifeMaria Lisa K., Contributor, JakartaLike all macaques that end up in Jakarta, this particular one had been taken as a baby from his mother in the jungles of Lampung, Sumatra, only to live out a solitary life neglected and finally abandoned by the owners in South...

TV Program: Wednesday, June 8, 2005

TV Program: Wednesday, June 8, 2005TVRI .TB.30" .90" 5:00 a.m. Religious Teachings6:00 News: Berita Pagi7:00 Cartoon: Tabaluga8:30 Music: Asik-asik10:00 Talk Show: Showbiz11:30 Cultural Program: Rona Daerah12:00 p.m.

JP/13/G33

JP/13/G33G-33 ministers to meet in Jakarta this weekendZakki P. Hakim The Jakarta Post/JakartaMinisters from the "Group of 33" developing countries will meet here over the weekend to reaffirm their commitment to fight for special and differential treatment for staple farm products at the World...

Prayer in two languages

Prayer in two languages The recent arrest of a cleric in Malang who lead prayers in both Arabic and Indonesian shows that there is no tolerance of difference religious opinions in this country.Why should a man be charged with a criminal offense for merely praying unconventionally? By doing this,...

Fighting for fair threatment

Fighting for fair threatmentID Nugroho, The Jakarta Post, SurabayaLoud cheering and expressions of gratitude to God were heard in the state administrative courtroom last Wednesday, the moment presiding judge Ibrahim accepted the suit filed by Wuri Handayani.

City lifestyle triggers teenage suicide

City lifestyle triggers teenage suicideAbdul Khalik The Jakarta Post/JakartaWith the glamor of life in the metropolis a constant attraction for the young and a source of frustration for those who cannot afford to enjoy it, the family of 17-year-old Yuni Anggraeni never expected that she would go...

Govt secures approval for key assistance funds

Govt secures approval for key assistance fundsUrip Hudiono, The Jakarta Post, JakartaPrevious concerns of a delay in the disbursement of the much needed assistance funds for low-income families have proved unfounded now that the House budget commission has agreed to the government's proposed 2005...

More monkey business

More monkey businessProAnimalia has implemented several successful programs, one of which was started in July 2004 in Kalimantan to save wild macaques that were being beaten to death or drowned in the river by locals who saw them as pests for raiding their crops.

IFC provides $24m loan to Astra

IFC provides $24m loan to Astra JAKARTA: International Finance Corporation, the private-sector investment arm of the World Bank Group, signed an agreement on Monday to provide a US$24-million loan to PT Astra Otoparts to fund product and operational development.

1. Pilkada (45) - 48 pts 3 cols 3lines (3x18)

1. Pilkada (45) - 48 pts 3 cols 3lines (3x18) Local loyalties raise concerns ahead of Sulawesi elections 2. Kadin (45) - 36 pts 4 cols 2lines (2x28) Kadin seeks stronger partnership with local administrations 3.

Scholarships for school students

Scholarships for school students JAKARTA: In a bid to ease the burden of students entering vocational schools, the Ministry of National Education plans to disburse scholarships to 180,000 students entering school this year."The scholarships, covering monthly tuition fees of around Rp 30,000 (US$3.

Schools to replace wood furniture

Schools to replace wood furnitureDamar Harsanto, The Jakarta Post, JakartaOn the heels of the observance of World Environment Day on Sunday, Governor Sutiyoso is recruiting city schools to the campaign to save forests by reducing the demand for wooden furniture.

Shares end up led by gains in Semen Gresik, Mandiri

Shares end up led by gains in Semen Gresik, MandiriDow Jones, Jakarta Indonesian shares ended higher on Monday led by gains in cement maker Semen Gresik, which is expected to build a new plant as part of a sales drive, and a rebound in Bank Mandiri, dealers said.

Aceh rebels warn TNI may wreck peace deal

Aceh rebels warn TNI may wreck peace dealTony Hotland, The Jakarta Post, JakartaThe Free Aceh Movement (GAM) warned the peace deal it was negotiating with the government could be undermined by the Indonesian Military (TNI), which the separatist group said had an interest in ensuring the armed...