Indonesian Political, Business & Finance News

Archive: 15 July 2003

84 articles found

Bank Mandiri makes impressive stock market debut

<p>Bank Mandiri makes impressive stock market debut</p><p>Evi Mariani and Rendi Witular, The Jakarta Post, Jakarta</p><p> Shares of the giant state-owned Bank Mandiri made an impressive debut on Monday, surging by 25.

East Timor upset over travel alerts

<p>East Timor upset over travel alerts</p><p>EAST TIMOR: The world's youngest nation, East Timor, appealed on Monday for Australia to lift a travel warning alerting Australians of potential terror attacks in the poor, former Indonesian territory.

E. Timor refugees to be reregistered

<p>E. Timor refugees to be reregistered</p><p> KUPANG, East Nusa Tenggara: The Ministry of Home Affairs will reregister East Timorese refugees in West Timor next month due to conflicting reports on their number.

On Aceh reporting

<p>On Aceh reporting</p><p> I would like to comment on Aboeprijadi Santoso's article titled Unspoken protest amid prolonged war in Aceh (The Jakarta Post, July 8).</p><p>The article is a typical example of one-sided and unbalanced reporting.

Rp 2.5b sports event criticized

<p>Rp 2.5b sports event criticized</p><p> JAYAPURA, Papua: The Papua branch of Indonesian National Youth Committee (KNPI) has drawn fire for organizing an event that cost the administration about Rp 2.5 billion (more than US$2 million).

Financial intermediation still faces barriers

<p>Financial intermediation still faces barriers</p><p>The Jakarta Post, Malang, East Java</p><p> Persistently high business risks, low business confidence, inadequate expertise in lending to small and medium-scale firms, and the big sums of bad corporate debts that...

No Aceh rebels in Malaysia: Envoy

<p>No Aceh rebels in Malaysia: Envoy</p><p> JAKARTA: Malaysian Ambassador to Indonesia Dato' Hamidon Ali assured on Monday that none of separatist Free Aceh Movement (GAM) members taking refuge in his country.

Car sales figures up 7.2 percent

<p>Car sales figures up 7.2 percent</p><p>The Jakarta Post, Jakarta</p><p> The latest domestic figures for new vehicle sales showed an increase of 7.2 percent on month to 30,319 units in June, the Indonesian Association of Automotive Manufacturers (Gaikindo) said...

Minister backs suspension of DI workers

<p>Minister backs suspension of DI workers</p><p>Evi Mariani and Yuli Tri Suwarni, The Jakarta Post, Jakarta/Bandung</p><p> State Minister for State Enterprises Laksamana Sukardi threw his weight behind the management of PT Dirgantara Indonesia (PT DI) over the weekend...

'House blast a terror message'

<p>'House blast a terror message'</p><p>Damar Harsanto, The Jakarta Post, Jakarta</p><p> Less than 24 hours after the police chief warned the public of the possibility of acts of terror, a bomb exploded at the compound of the House of...

Blast hits rupiah, other monies up

<p>Blast hits rupiah, other monies up</p><p>Dow Jones, Singapore</p><p> Most Asian currencies kicked off the week on a stronger note, although the Indonesian rupiah was jolted by a bomb explosion in the country's parliament building.

Vietnamese fishermen arrested

<p>Vietnamese fishermen arrested</p><p> BANDAR LAMPUNG: Eleven Vietnamese fishermen were arrested in Lampung on Saturday for poaching on Indonesian waters.</p><p>Lampung marine police chief Adj. Comr.

Big names vie to become DPD members next year

<p>Big names vie to become DPD members next year</p><p>Bambang Nurbianto, The Jakarta Post, Jakarta</p><p> Claiming to represent the interests of Jakarta, a number of people including a former minister, businesspeople, activists and also ethnic Jakartans (Betawi)...

1. Todd ---

<p>1. Todd --- </p><p> Developing RI gas market </p><p> 2. Guard --- 1 x 30</p><p> Who rules the financial markets? </p>

JP/4/scen15

<p>JP/4/scen15</p><p>KAMMI backs Cak Nur's bid</p><p> JAKARTA: The Indonesian Muslim Students Action Front (KAMMI) threw its support behind Muslim scholar Nurcholish Madjid on Monday to join the presidential race on the Golkar ticket.

Enthusiastic candidate numbers shock KPU

<p>Enthusiastic candidate numbers shock KPU</p><p>Moch. N. Kurniawan, The Jakarta Post, Jakarta</p><p> Beyond expectations, people have enthusiastically picked up registration forms to contest the regional representatives election next year, prompting the General...

Amrozi admits bringing explosives to Bali but denies role in blasts

<p>Amrozi admits bringing explosives to Bali but denies role in blasts</p><p>Wahyoe Boediwardhana, The Jakarta Post, Denpasar, Bali</p><p> The prime suspect of the Bali bombings, Amrozi, testified on Monday that he transported a vast amount of chemical substances to...

* Headlines: Alleged JI member escapes from RP jail 2

<p>* Headlines: Alleged JI member escapes from RP jail 2 * National: Mega complains about increasing House powers 4 * Archipelago: Doctors mull surgery to separate twins5 * Opinion: Japan should not follow U.S.

Killers among us

<p>Killers among us</p><p> If nine months of relative peace after the Bali catastrophe have allowed Indonesians to lapse into a false sense of security, then the events of the past few days should take them firmly back to reality: the terrorist game is far from over here.

PLN gas supply agreements under negotiation

<p>PLN gas supply agreements under negotiation</p><p> Contractor </p><p>New contracts</p><p>Amerada hess Santos BP ONWJ BP Muriah Conoco Phlipps</p><p> --------------- Field</p><p>Ujung Pangkah Oyong ONWJ ONWJ Kepodang Corridor,...

Squatters refuse to vacate land

<p>Squatters refuse to vacate land</p><p> JAKARTA: Some 100 people, who had occupied land owned by state housing company Perum Perumnas in Kemayoran, Central Jakarta, refused to leave their homes because they had paid local officials to allow them to stay.

Martial law fails to stop extortion in Aceh

<p>Martial law fails to stop extortion in Aceh</p><p>Dewi Kurniawati, Contributor, Banda Aceh, Aceh</p><p> Almost two months into the bloody military operation aimed at crushing separatist rebels in Aceh province, some things have not changed much.

Tommy Soeharto's case goes to Supereme Court for review

<p>Tommy Soeharto's case goes to Supereme Court for review</p><p>The Jakarta Post, Jakarta</p><p> Prosecutors opposed on Monday an attempt by Hutomo "Tommy" Mandala Putra, the youngest son of former president Soeharto, to overturn his murder conviction...

East Timor upset over travel alerts

<p>East Timor upset over travel alerts</p><p>EAST TIMOR: The world's youngest nation, East Timor, appealed on Monday for Australia to lift a travel warning alerting Australians of potential terror attacks in the poor, former Indonesian territory.

Catching up with Jakarta buses

<p>Catching up with Jakarta buses</p><p>Tertiani ZB Simanjuntak, The Jakarta Post, Jakarta</p><p> When Jakartans say they have to catch a bus, often they are speaking literally.

Residents fed up with lack of drinking water

<p>Residents fed up with lack of drinking water</p><p> The Meteorology and Geophysics Agency (BMG) predicts that many city residents will face water shortages as the current dry season is forecast to last up to August.

Alleged JI member escapes from RP jail

<p>Alleged JI member escapes from RP jail</p><p>Jim Gomez, Associated Press, Manila</p><p> An Indonesian man who allegedly confessed to involvement in nearly simultaneous bombings in Manila that killed 22 people escaped on early Monday from jail with two other terror...

U.S.-based golfer Tumbel leads E. Java Open

<p>U.S.-based golfer Tumbel leads E. Java Open</p><p>The Jakarta Post, Jakarta</p><p> Ben Tumbel from the Jakarta Golf Club, now residing in the U.S., took the early lead in the Rp 150 million (US$16,000) East Java Open by two strokes after carding a 2-under 70 (34 36)...

Mega complains about DPR's powers

<p>Mega complains about DPR's powers</p><p>I Wayan Juniartha, The Jakarta Post, Kuta, Bali</p><p> President Megawati Soekarnoputri expressed concern on Monday over the increasing powers of the House of Representatives, saying that it had virtually changed the...

Beware: Foreign NGOs

<p>Beware: Foreign NGOs in Papua</p><p>From Koran Tempo</p><p> The Papuan issue is Indonesia's domestic affair and the nation will solve it on its own. Foreign non-governmental organizations only create confusion instead of helping local people, and the government...

1. President complains about DPR's powers

<p>1. President complains about DPR's powers 2. Assembly gears up to establish Constitution court</p><p>3. Tommy case goes to Supreme Court</p><p>4. RI to host fifth ASEM meeting</p><p>5. Candidate numbers shock KPU</p>

NGOs to investigate misuse of Rp 16b donation

<p>NGOs to investigate misuse of Rp 16b donation</p><p>Multa Fidrus, The Jakarta Post, Tangerang</p><p> Several non-governmental organizations (NGOs) agreed on Monday to investigate the alleged misuse of a Rp 16 billion (US$2 million) donation to the Tangerang...

Aceh students disappointed by delay of new school year

<p>Aceh students disappointed by delay of new school year</p><p>Agencies, Jakarta</p><p> Thousands of students in war-torn Aceh arrived at school on Monday only to learn one thing -- that the new academic year had been moved back a week.

RI to host fifth ASEM meeting

<p>RI to host fifth ASEM meeting</p><p>Fabiola Desy Unidjaja The Jakarta Post Jakarta</p><p>Indonesia is to host the fifth Asia Europe Ministerial Meeting (ASEM) in Denpasar, Bali, on July 24 and 25 to address a series of international security issues including the...

1 x 32

<p>1 x 32 Rattan firms accused of pollution </p><p> JP/5/twin</p><p>2 x 19 Doctors mull surgery to separate twins </p><p> JP/5/irian</p><p>2 x 25 Govt moves closer to split Papua despite controversy </p><p>...

Doctors mull surgery to separate conjoined twins

<p>Doctors mull surgery to separate conjoined twins</p><p>Yuli Tri Suwarni, The Jakarta Post, Bandung</p><p> A team of medical experts in Bandung were exploring the possibility of separating conjoined twins born in the West Java capital on Saturday.

Visa records 26% rise in sales

<p>Visa records 26% rise in sales </p><p> JAKARTA: Visa Indonesia said on Monday its card sales volume, or the total value of transactions made using Visa cards, grew by 26 percent in the first month of the year compared to the same period last year.

'My Asian Neighbors' in hilarious cartoons

<p>'My Asian Neighbors' in hilarious cartoons</p><p>Tantri Yuliandini, The Jakarta Post, Jakarta</p><p> An artist works by absorbing the world around him and pouring it back into his creations.

American tried for wife abuse

<p>American tried for wife abuse</p><p> BOGOR: An American citizen, John William De Koning, 59, was tried at Cibinong District Court on Monday on a charge of physically abusing his wife.

Mega's running mate undecided

<p>Mega's running mate undecided</p><p> MANADO, North Sulawesi: Veteran politician from the Indonesian Democratic Party of Struggle (PDI Perjuangan) Sabam Sirait said on Monday that his party would nominate chairwoman Megawati Soekarnoputri as the sole presidential candidate.

High minimum wage policy creates more unemployment

<p>High minimum wage policy creates more unemployment</p><p>Fitri Wulandari, The Jakarta Post, Malang, East Java</p><p> While labor activists lauded the government's decision to increase workers' minimum wages, a study shows that it has cut jobs in the formal...

Where to go in Bandung for Tuesday, July 15, 2003

<p>Where to go in Bandung for Tuesday, July 15, 2003</p><p>Performances</p><p>* Dance Drama Arjuna Gugat Taman Budaya Jawa Barat (West Java Cultural Center), Jl. Bukit Dago Selatan no. 53 A (Tel. 022 2504912), 7:30 p.m., July 14.

Rp 2.5b sports event criticized

<p>Rp 2.5b sports event criticized</p><p> JAYAPURA, Papua: The Papua branch of Indonesian National Youth Committee (KNPI) has drawn fire for organizing an event that cost the administration about Rp 2.5 billion (more than US$2 million).

Visa records 26% rise in sales

<p>Visa records 26% rise in sales</p><p> JAKARTA: Visa Indonesia said on Monday its card sales volume, or the total value of transactions made using Visa cards, grew by 26 percent in the first month of the year compared to the same period last year.

15,305 councillors to be elected next year

<p>15,305 councillors to be elected next year</p><p>Moch. N. Kurniawan, The Jakarta Post, Jakarta</p><p> A total of 1,780 councillors in 30 provinces and another 13,525 in 410 regencies and municipalities will be elected during the 2004 general elections, the General...

Three month jail sought for students

<p>Three month jail sought for students</p><p>M. Taufiqurrahman, The Jakarta Post, Jakarta</p><p> Prosecutors asked the court for a three-month imprisonment on Monday for three University of Indonesia (UI) students who were arrested for "violating the law on...

Walton goes, hopeful to the last

<p>Walton goes, hopeful to the last</p><p>Megan James, Contributor, Jakarta</p><p> After more than a decade in any job, being unable to note any improvements in your chosen field might depress some career men.

KAHMI backs Cak Nur's bid

<p>KAHMI backs Cak Nur's bid</p><p> JAKARTA: The Association of Islamic Students Alumni (KAHMI) three its support behind Muslim scholar Nurcholish Madjid on Monday to join the presidential race within Golkar.

Govt moves closer to split Papua despite controversy

<p>Govt moves closer to split Papua despite controversy</p><p>Nethy Dharma Somba, The Jakarta Post, Jayapura, Papua</p><p> The central government moved closer to creating a West Irian Jaya province in Papua on Monday, despite lingering controversies over the plan to...

Indonesian fiscal consolidation impressive

<p>Indonesian fiscal consolidation impressive</p><p>The Jakarta Post,, Malang, East Java</p><p> Analysts have accorded top marks to Indonesia for its fiscal consolidation over the last three years, calling it quite an impressive achievement despite the pump-priming...

Blast hits rupiah, other monies up

<p>Blast hits rupiah, other monies up</p><p> 2. Asia (3 x 16) Short-haul travel the future for Asia as youth market booms </p><p> 3. Trade (2 x 30) Brazil and South Africa attack farm subsidies</p>

Fruit of power and arrogance

<p>Fruit of power and arrogance</p><p> Indonesia's aircraft manufacturing company, PT Dirgantara Indonesia, which has been the country's pride during the New Order era, is on the brink of bankruptcy.

Gus Dur for president: PKB

<p>Gus Dur for president: PKB</p><p> PURWOKERTO: The National Awakening Party (PKB) will nominate former president Abdurrahman Wahid, or Gus Dur as he is popularly known, its candidate in the 2004 general election, party chairman Alwi Shihab said Monday.

Mercury spells disaster in W. Kalimantan

<p>Mercury spells disaster in W. Kalimantan</p><p>Bambang Bider, Contributor, Pontianak, West Kalimantan</p><p> Rivers with clean water in West Kalimantan are a thing of the past, an exotic memory for today's generation.

RI to host fifth ASEM meeting

<p>RI to host fifth ASEM meeting</p><p>Fabiola Desy Unidjaja, The Jakarta Post, Jakarta</p><p> Indonesia is to host the fifth Asia Europe Ministerial Meeting (ASEM) in Denpasar, Bali, on July 24 and 25 to address a series of international security issues including the...

Taufik cancel visit after plane trouble

<p>Taufik cancel visit after plane trouble</p><p> JAKARTA: First gentleman Taufik Kiemas canceled his visit to Manado, North Sulawesi on Monday after the engine of plane he boarded from Singapore developed a trouble.

JP/7/let

<p>JP/7/let</p><p></p><p> Small businesses can help economy</p><p> From Suara Karya</p><p>Small and medium-scale businesses (UKM), which constitute 94 percent of Indonesia's business activities, should be reactivated to boost the economy...

Police blasted over gambling inaction

<p>Police blasted over gambling inaction</p><p> BATAM, Riau: The Batam Muslim Young Preachers' Association (IDM) has lashed out at Riau Police for failing to crack down on gambling on the industrial island.

IBRA fails to draw investors for Texmaco assets

<p>IBRA fails to draw investors for Texmaco assets</p><p>The Jakarta Post, Jakarta</p><p> The Indonesian Bank Restructuring Agency (IBRA) said on Monday it had failed to lure investors for the sale of Rp 28 trillion (some US$3.1 billion) worth of Texmaco Group debts.

Pilots survive from training plane crash

<p>Pilots survive from training plane crash</p><p> JAKARTA: An Air Force training plane crashed on Monday into a dam in West Java, but its pilot and co-pilot survived by jumping into the water.</p><p>The plane, identified as a Marceti SF-260, plunged at about 12:20 p.m.

BMW takes over distribution in KL

<p>BMW takes over distribution in KL</p><p> KUALA LUMPUR: German luxury car maker BMW will take over the distribution of its vehicles in Malaysia ahead of market liberalization here in 2005, a report said Monday.

'ASEAN must act on people-trafficking'

<p>'ASEAN must act on people-trafficking'</p><p>MALAYSIA: A UN women's organization on Monday urged Southeast Asia to establish a new treaty to fight human traffickers that drive women into the sex trade and other illegal work.

'PDI trial dossier fabricated, won't find those responsible'

<p>'PDI trial dossier fabricated, won't find those responsible'</p><p>M. Taufiqurrahman, The Jakarta Post, Jakarta</p><p> Marked with protests from victims of an attack on the Indonesian Democratic Party (PDI) headquarters in 1996, the trial against the...

TV Program: Tuesday, July 15, 2003

<p>TV Program: Tuesday, July 15, 2003</p><p>TVRI </p><p>.TB.30" .90"</p><p> 5:00 a.m. Religious Teachings</p><p>6:00 News: Berita Pagi</p><p>7:00 English News Service</p><p>9:00 Music</p><p>11:00...

Squatters refuse to vacate land

<p>Squatters refuse to vacate land </p><p> JAKARTA: Some 100 people, who had occupied land owned by state housing company Perum Perumnas in Kemayoran, Central Jakarta, refused to leave their homes because they had paid local officials to allow them to stay.

Ten-man Persita scrapes to 2-1 victory over HAGL

<p>Ten-man Persita scrapes to 2-1 victory over HAGL</p><p>Arya Abhiseka, The Jakarta Post, Jakarta</p><p> Indonesian teams have had positive results in the ongoing ASEAN Club Championship.

Indonesia to hold trade fair in KL

<p>Indonesia to hold trade fair in KL</p><p> JAKARTA: An exhibition, entitled "Discover Indonesia Trade Fair" will be held from July 30 to Aug. 3, this year in Kuala Lumpur to allow Indonesian businesses to explore business opportunities in the neighboring country.

RI to host fifth ASEM meeting

<p>RI to host fifth ASEM meeting</p><p>Fabiola Desy Unidjaja The Jakarta Post Jakarta</p><p>Indonesia is to host the fifth Asia Europe Ministerial Meeting (ASEM) in Denpasar, Bali, on July 24 and 25 to address a series of international security issues including the...

Australia announces new antiterrorism accord with RP

<p>Australia announces new antiterrorism accord with RP</p><p>Jim Gomez, Associated Press, Manila</p><p> Australian Prime Minister John Howard announced on Monday a new antiterrorism accord with the Philippines and an aid package designed to bolster Southeast...

Developing RI gas market

<p>Developing RI gas market</p><p>James Castle and Todd Callahan, CastleGroup, Jakarta</p><p> Aggressive new players from Asia, Australia and the Middle East are successfully challenging Indonesia's decades-long domination of Asia's LNG market.

1,800 students too poor to study

<p>1,800 students too poor to study</p><p> BANDUNG: At least 1,800 elementary school graduates in Bandung, West Java, cannot afford to continue their studies at secondary schools, officials say.

SSX ups profit target on robust bond market

<p>SSX ups profit target on robust bond market</p><p>Evi Mariani, The Jakarta Post, Jakarta</p><p> Cashing in on the vigorous bond market this year, the Surabaya Stock Exchange (SSX) in East Java has gained a healthy net profit during the first semester, which saw...

KAHMI backs Cak Nur's bid

<p>KAHMI backs Cak Nur's bid</p><p> JAKARTA: The Association of Islamic Students Alumni (KAHMI) three its support behind Muslim scholar Nurcholish Madjid on Monday to join the presidential race within Golkar.

Govt urges Permata to explore rescue plans

<p>Govt urges Permata to explore rescue plans</p><p>The Jakarta Post, Jakarta</p><p> Bank Permata, caught in the middle of a legal dispute between the Indonesian Bank Restructuring Agency (IBRA) and the Attorney General's Office, has been asked to study options to...

Power cut disrupts water supply

<p>Power cut disrupts water supply</p><p> JAKARTA: A disruption to the electricity supply at Cawang pumping station, which is managed by public company Perum Jasa Tirta II (PJT II), has stopped the supply of raw water to the Pejompongan water processing installation since 3 a.m.

1. Terror -- 3 cols, 3 lines, 48pts MB, 60 counts

<p>1. Terror -- 3 cols, 3 lines, 48pts MB, 60 counts Terror attack warning: Will be indiscriminate and target government </p><p></p><p></p><p>2. Amrozi -- 4 cols, 2 lines, 36pts MB, 70 counts</p><p> Amrozi admits bringing explosives to Bali but...

RI to hold trade fair in KL

<p>RI to hold trade fair in KL </p><p> JAKARTA: An exhibition, entitled "Discover Indonesia Trade Fair" will be held from July 30 to Aug. 3, this year in Kuala Lumpur to allow Indonesian businesses to explore business opportunities in the neighboring country.

Rattan firms accused of pollution

<p>Rattan firms accused of pollution</p><p>Nana Rukmana, The Jakarta Post, Cirebon, West Java</p><p> Most of the approximately 1,200 rattan companies in the province of West Java have been accused of failing to protect both the environment and the rights of their...

Assembly gears up to establish constitution commission

<p>Assembly gears up to establish constitution commission</p><p>Kurniawan Hari, The Jakarta Post, Jakarta</p><p> The People's Consultative Assembly (MPR) is gearing up for its Annual Session wherein it is expected to endorse a decree establishing the long awaited...

Angie, Wynne a challenge to German players: Lang

<p>Angie, Wynne a challenge to German players: Lang</p><p>Musthofid, The Jakarta Post, Jakarta</p><p> The German team will be in for a "challenge" against local stars Angelique Widjaja and Wynne Prakusya when they take on Indonesia in a Federation Cup...

Blast hits rupiah, other monies up

<p>Blast hits rupiah, other monies up</p><p> 2. Asia (3 x 16) Short-haul travel the future for Asia as youth market booms </p><p> 3. Trade (2 x 30) Brazil and South Africa attack farm subsidies</p>

Terror attack warning: Will be indiscriminate and target government

<p>Terror attack warning: Will be indiscriminate and target government</p><p>Tiarma Siboro, The Jakarta Post, Jakarta</p><p> Terror bomb attacks may well continue, albeit with government facilities as the new targets, as opposed to public places, an official and an...

Below-par Yurita, Nunung win golds at athletics meet

<p>Below-par Yurita, Nunung win golds at athletics meet</p><p>The Jakarta Post, Jakarta</p><p> National athletes Yurita Ariani and Nunung Jayadi were unchallenged in their respective fields on the penultimate day of the National Track and Field Championships, in which...

RP to buy Australian coal, will take Canberra to WTO over fruits

<p>RP to buy Australian coal, will take Canberra to WTO over fruits </p><p>Agence France-Presse Manila</p><p></p><p>The Philippines said Monday it would by coal from Australian over the next two years but at the same time it is talking Canberra to the World...