Indonesian Political, Business & Finance News

Archive: 3 March 2004

84 articles found

Two firms to launch IPOs mid-March

Two firms to launch IPOs mid-March The Jakarta Post, Jakarta Two companies are planning to offer their shares to the public through the initial public offering (IPO) mechanism some time in the middle of this month despite rising political tension as the election campaign start next week.

GRANT FROM FORD MOTOR COMPANY: President director of PT Ford

GRANT FROM FORD MOTOR COMPANY: President director of PT Ford Motor Indonesia Will Angove (second right), accompanied by award judges Pia Alisjahbana (second left), Ligaya Tumbelaka (far left) and Ayatrohaedi (far right), presents a symbolic cheque to a fund recipient during a recent award...

BOOK LAUNCHING AT HOTEL ALILA: On March 1, 2004, Hotel Alila

BOOK LAUNCHING AT HOTEL ALILA: On March 1, 2004, Hotel Alila Jakarta hosted a book launching event attended by about 70 high- ranking officials of various Indonesian ministeries. The book, The Economic Landscape of Indonesian Infrastructure, was launched by the National Development Planning Board...

Indonesia tops business corruption table

Indonesia tops business corruption table Indonesia is seen as the most corrupt country in Asia for the third year running, the study by Hong Kong-based Political & Economic Risk Consultancy Ltd said on Tuesday.

World Bank refutes corruption allegation

World Bank refutes corruption allegation The Jakarta Post, Jakarta A consultant with the World Bank in Central Sulawesi rejected on Tuesday a statement that a bank-funded project in Donggala regency in 2002 was marred by corruption. "The statement is not true.

Motorcycle sales up by 11.5%

Motorcycle sales up by 11.5% JAKARTA: Sales of new motorcycles in Indonesia rose by 11.5 percent to 275,869 units in January from 244,311 units in December 2003, PT Astra International said on Tuesday. The company did not provide any reasons for the increase.

Dengue fever epidemic and the government responsibility

Dengue fever epidemic and the government responsibility Azas Tigor Nainggolan, Chairman, Forum of Jakarta Residents (FAKTA), Jakarta This nation has been exposed to a host of disasters. In the past two years.

'Stick and carrot' approach suggested for dengue eradication

'Stick and carrot' approach suggested for dengue eradication Leony Aurora The Jakarta Post Jakarta A long-term dengue fever eradication program should include rewards and punishments to encourage local communities to keep their environments free from possible mosquito breeding grounds, an observer...

BP's power plant begins operations

BP's power plant begins operations HANOI: A US$450 million gas-fired power plant in Vietnam built and owned by British energy giant BP and other foreign investors has begun commercial operations, the venture's partners said on Tuesday.

Abandoned by Golkar, youth affiliate seeks new image

Abandoned by Golkar, youth affiliate seeks new image Rais Hidayat, Research and Development Unit, The Jakarta Post, Jakarta Several youth organizations were closely tied with the ruling Golkar party under New Order regime.

Hundreds of illegal workers arrive home

Hundreds of illegal workers arrive home SURABAYA: Hundreds of Indonesians who had been working illegally in Malaysia have been returned to the country through Juanda airport in Surabaya. "The illegal workers, totaling 223, have been returned to their hometowns across the archipelago," said Moh.

Disco brawl kills two, police name seven suspects

Disco brawl kills two, police name seven suspects Evi Mariani, The Jakarta Post, Jakarta Two security guards at Stadium Discotheque in Taman Sari, West Jakarta, were killed and four others injured in a brawl between club employees and hoodlums on Tuesday at about 1 a.m.

Burton may have been murdered: Former Time magazine correspondent

Burton may have been murdered: Former Time magazine correspondent Sandra Burton, who was found dead in the Indonesian resort island of Bali last week, may have been murdered, a police detective said on Tuesday.

Dutch to bolster police competence

Dutch to bolster police competence SURABAYA: The Dutch Embassy, in cooperation with the International Organization of Migration (IOM), promised on Tuesday to help the Indonesian police improve their professionalism.

Ericsson Enterprise sales to up 40%

Ericsson Enterprise sales to up 40% Abdul Khalik, The Jakarta Post, Jakarta Ericsson Enterprise, a unit of Sweden telecommunications giant Ericsson, expects its sales of office equipment in the Indonesian market to grow by 40 percent this year to over US$3 million from over $2 million last year.

A matter of printing

A matter of printing Election day is just 33 days away and even as basic an issue as whether polling stations will have their ballot papers on time is far from certain. The General Elections Commission (KPU) cannot hide its anxiety, with some valiantly airing confidence while deputy Ramlan Surbakti...

JP/3/PATRIOT

JP/3/PATRIOT Abandoned by Golkar, youth affiliate seeks new image Rais Hidayat Research and Development Unit The Jakarta Post Jakarta This is the 23rd article in a series on the 24 parties contesting the 2004 elections.

Malaysian Islamic banks face foreign competition

Malaysian Islamic banks face foreign competition Agence France-Presse Kuala Lumpur Malaysian Islamic banks are in for tough times with the planned issuance of three new Islamic banking licenses to foreign banks this year as part of financial liberalization, a top bank official warned on Tuesday.

Up for election 2004

Up for election 2004 Along with voting for political parties and legislative candidates in the House of Representatives (DPR) and City/Regency Council (DPRD) on April 5, voters will also select candidates for the new Regional Representatives Council (DPD).

TV Program: Wednesday, March 3, 2004

TV Program: Wednesday, March 3, 2004 .TB.30" 1.00" TVRI .TB.30" .90" 6:00 a.m. News: Berita Pagi 7:00 Entertainment News: Selebrita 8:00 Music: Sik Asik 9:00 Entertainment News: Show Biz 10:00 TV Drama: Si Kabayan 12:00 p.m.

House approves funds for new asset-management firm

House approves funds for new asset-management firm Rendi A. Witular, The Jakarta Post, Jakarta he House of Representatives approved on Tuesday a request from the Ministry of Finance to allocate funds from the current state budget as start-up capital for a new entity to administer banking assets...

Even doctor gets dengue

Even doctor gets dengue A doctor, four nurses and two cleaning staff at the city-run Tarakan Hospital in West Jakarta are among the latest dengue fever patients to be treated at the hospital, an official said on Tuesday. Dr.

Fabiola Desy Unidjaja

Fabiola Desy Unidjaja and Fitri Wulandari The Jakarta Post Jakarta A week before the March 11 campaign period kicks off, President Megawati Soekarnoputri is slated to tour several provinces for working visits, but will spare one or two hours on each visit to meet her Indonesian Democratic Party of...

Ansor rejects possible Gus Dur candidacy

Ansor rejects possible Gus Dur candidacy Kurniawan Hari and Muninggar Sri Saraswati, The Jakarta Post, Jakarta Ansor, a youth group of Nahdlatul Ulama (NU), the country's largest Muslim organization, has announced that it will not support the possible presidential candidacy of former NU chairman...

Bahana, Morgan to underwrite BNI sale

Bahana, Morgan to underwrite BNI sale JAKARTA: Indonesia has appointed PT Bahana Securities and JP Morgan as underwriters for its plan to sell a stake in PT Bank Negara Indonesia, an official with the government said Tuesday.

Election body wins 14 prosecutions, loses four

Election body wins 14 prosecutions, loses four Moch. N. Kurniawan and Evi Mariani, The Jakarta Post, Jakarta The Election Supervisory Committee (Panwaslu) revealed on Tuesday that it had recorded thousands of election-related violations by late February with 14 people being punished by courts...

Cheated at Merak terminal

Cheated at Merak terminal From Kompas We went by car at the end of January to the ferry terminal in Merak, Banten, where ticket counter employees charged us Rp 115,000 for the ferry transport service. Aboard the ferry, we examined the details printed on the ticket and found that the official price...

Where to go in Jakarta: Wednesday, March 3, 2004

Where to go in Jakarta: Wednesday, March 3, 2004 Exhibitions * Art Works Love by Rotua Magdalena Agung, Koi Gallery and Restaurant, Jl. Mahakam 1/2, South Jakarta (Tel. 7222864), until March 9. * Peppermint Lounge by Dewi Aditia, Expatri Art Gallery, Jl. Abdul Majid no. 14, South Jakarta (Tel.

PSSI to get cash aid from FIFA

PSSI to get cash aid from FIFA The Jakarta Post, Jakarta Indonesia's soccer governing body PSSI will be granted financial aid worth US$400,000 as part of a FIFA campaign to help develop soccer worldwide.

Sunu to defend title at Salonpas junior tennis tournament

Sunu to defend title at Salonpas junior tennis tournament Zakki Hakim, The Jakarta Post, Jakarta Indonesia's No. 1 junior tennis player Sunu Wahyu Trijati will try to put his dismal performance at the Cigna Open behind him when he defends his title at the Salonpas Junior Tennis Championships next...

JP/4/DENGUE

JP/4/DENGUE .RM 80 ----------------------------------------------------------------------------------------------- Malaria Eradication Dengue fever eradication Operation Command (KOPEM) ------------------------------------------------------------------------------------------------ Period: 1959 -...

Tony Hotland

Tony Hotland The Jakarta Post Jakarta Police have arrested another 30 suspected illegal loggers in Kalimantan, an island adjacent to Malaysia, and seized almost 30,000 cubic meters of logs during an operation conducted from Feb. 19 to Feb. 28. National Police deputy spokesman Brig. Gen.

U.S. urges KL leader to tighten export controls after nuke scam

U.S. urges KL leader to tighten export controls after nuke scam Associated Press Kuala Lumpur The United States urged Malaysia's leaders on Tuesday to crack down on nuclear trafficking, plugging criminal loopholes and tightening export controls after the discovery that a local company manufactured...

Maluku determined to rebuild peace after bitter conflict

Maluku determined to rebuild peace after bitter conflict The Jakarta Post, Jakarta A number of foreign diplomats and representatives of international institutions made a field visit to Ambon on Tuesday, touring the so-called reconciliation schools built by the local administration with the...

Mega to tour regions before campaign

Mega to tour regions before campaign Fabiola Desy Unidjaja and Fitri Wulandari, The Jakarta Post, Jakarta A week before the March 11 campaign period kicks off, President Megawati Soekarnoputri is slated to tour several provinces for working visits, but will spare one or two hours on each visit to...

Regent demands official cars as leaving gifts

Regent demands official cars as leaving gifts Ruslan Sangadji, The Jakarta Post, Donggala, Central Sulawesi Nabi Bidja, the regent of Donggala in Central Sulawesi, has proposed to the legislative council that the regency administration's 28 official cars be changed in status to private cars.

Abandoned by Golkar, youth affiliate seeks new image

Abandoned by Golkar, youth affiliate seeks new image Rais Hidayat, Research and Development Unit, The Jakarta Post, Jakarta The Pancasila Patriots' Party is a nationalist democratic party comprised of quality members, and is dedicated to national development based on the Pancasila state ideology...

Mega to 'tour' regions before official campaign

Mega to 'tour' regions before official campaign Fabiola Desy Unidjaja and Fitri Wulandari The Jakarta Post Jakarta A week before the March 11 campaign period kicks off, President Megawati Soekarnoputri is slated to tour several provinces for working visits, but will spare one or two hours on each...

JICA assists Kendari poll officials

JICA assists Kendari poll officials KENDARI, Southeast Sulawesi: Yoshijima Shoichi, an official from the Japan International Cooperation Agency (JICA), visited on Tuesday the Southeast Sulawesi General Elections Commission (KPUD) in Kendari, the capital of Southeast Sulawesi.

Bali to host first F1 powerboat race

Bali to host first F1 powerboat race JAKARTA: Indonesia will host its first Formula One powerboating event later this year, an organizer said on Thursday. "The event will be held in Benoa, Bali on Oct. 30 and Oct. 31.

Bird flu remains a threat despite decrease in cases

Bird flu remains a threat despite decrease in cases Dewi Santoso, The Jakarta Post, Jakarta Cases of poultry deaths due to the avian influenza outbreak have decreased, but the threat may not end until later this year, an official says.

Taufik Kiemas launches attack on wife's rival

Taufik Kiemas launches attack on wife's rival Fabiola Desy Unidjaja and Kurniawan Hari, The Jakarta Post, Jakarta As the legislative election draws near, the Indonesian Democratic Party of Struggle (PDI-P) has stepped up attacks on the top security minister Susilo Bambang Yudhoyono.

Car owner testifies in Marriott trial

Car owner testifies in Marriott trial JAKARTA: The former owner of the minivan planted with bombs that blasted the JW Marriot Hotel, South Jakarta, told the court on Tuesday that the defendant was not one of the two men who bought the minivan for Rp 25 million (US$2,941).

Cheated at Merak terminal

Cheated at Merak terminal From Kompas We went by car at the end of January to the ferry terminal in Merak, Banten, where ticket counter employees charged us Rp 115,000 for the ferry transport service. Aboard the ferry, we examined the details printed on the ticket and found that the official price...

Court deems suspected terrorist's arrest 'proper'

Court deems suspected terrorist's arrest 'proper' M. Taufiqurrahman, The Jakarta Post, Jakarta The South Jakarta District Court rejected on Tuesday a litigation filed by Rusman Gunawan, alias Gun Gun, the younger brother of top terror suspect Hambali, against the National Police for improper arrest.

STB opens office in Medan

STB opens office in Medan SINGAPORE: The Singapore Tourism Board (STB) has opened an office in Medan on Indonesia's Sumatra island, the second one in the country within a month, reported Channel News Asia Tuesday.

Laksamana gets award in Hong Kong

Laksamana gets award in Hong Kong JAKARTA: State Minister for State Enterprises Laksamana Sukardi recently received an award from a Hong Kong-based magazine for his privatization program. FinanceAsia named Laksamana "The Capital Market Person of the Year 2003" in Asia, citing his role in pushing...

Destitute dengue patients get bills paid

Destitute dengue patients get bills paid Damar Harsanto and Eva C. Komandjaja, The Jakarta Post, Jakarta The yawning gap between the state emergency policy on dengue fever and its actual implementation is nowhere more evident than at hospitals where they have been reduced to giving the bare minimum...

Ministry delivers 29 ambulances to Aceh

Ministry delivers 29 ambulances to Aceh BANDA ACEH, Aceh: The health ministry recently delivered 29 ambulances to health offices in the troubled province of Aceh. "The ambulances were handed over to help make military operations in the province a success," said the head of the Aceh provincial...

West Java needs 1.7b trees for reforestation

West Java needs 1.7b trees for reforestation Yuli Tri Suwarni, The Jakarta Post, Bandung Activist from the Sunda Environmental Observation Board (DPKLTS), a non-governmental organization in West Java, said that based on satellite images, deforested areas in West Java reached more than 600,000...

GAM rebel caught in Bandung

GAM rebel caught in Bandung BANDUNG: An Acehnese student, identified as Mohammad bin Mohammad Toyib, has been arrested for allegedly serving as an adjutant to the Free Aceh Movement (GAM) finance minister.

Thailand denies reported objection

Thailand denies reported objection INDONESIA: Thailand's Ambassador to Indonesia Atchara Seriputra has denied reports that his country has objected to a proposal by Indonesia to establish a regional peacekeeping force.

Sutiyoso returns with projects

Sutiyoso returns with projects The Jakarta Post, Jakarta After a five-day official visit to Japan, Governor Sutiyoso announced here on Tuesday that the monorail project would proceed with Japanese firm Hitachi as its top investor, after the original investor, Malaysia's MTrans Holding Sdn. Bhd.

* Headlines: Electoral supervisory body wins 14 cases 2

* Headlines: Electoral supervisory body wins 14 cases 2 * National: Govt, exporters at odds on workers in Mideast 4 * Archipelago: Donggala regent demands cars as farewell gift 5 * Opinion: Putin and Megawati: Trial by public support 7 * City: Sutiyoso courts Hitachi for monorail project 8 *...

Govt, exporters at odds on RI workers in Middle East

Govt, exporters at odds on RI workers in Middle East Ridwan Max Sijabat The Jakarta Post Jakarta The increasing cases of violence against Indonesian migrant workers employed in Middle Eastern countries apparently has much to do with the disorganized labor export program, for which Minister of...

Govt, firms at odds on migrants

Govt, firms at odds on migrants Ridwan Max Sijabat, The Jakarta Post, Jakarta The increasing cases of violence against Indonesian migrant workers employed in Middle Eastern countries apparently has much to do with the disorganized labor export program, for which Minister of Manpower and...

Stick and carrot for dengue effort

Stick and carrot for dengue effort Leony Aurora, The Jakarta Post, Jakarta A long-term dengue fever eradication program should include rewards and punishments to encourage local communities to keep their environments free from possible mosquito breeding grounds, an observer said.

'It's high time for us to forget the past'

'It's high time for us to forget the past' Former members and the relatives of former members of the now banned Indonesian Communist Party (PKI) hailed the Constitutional Court's decision reinstating some of their political rights.

Mega to 'tour' regions before official campaign

Mega to 'tour' regions before official campaign Fabiola Desy Unidjaja and Fitri Wulandari The Jakarta Post Jakarta A week before the March 11 campaign period kicks off, President Megawati Soekarnoputri is slated to tour several provinces for working visits, but will spare one or two hours on each...

Police to investigate pollution from waste

Police to investigate pollution from waste Evi Mariani, The Jakarta Post, Jakarta Although residents have long complained about pollution from the city's temporary dump in Rawamalang, Cilincing, North Jakarta, and the issue has made headline news since early January, the police have finally decided...

Dangerous precedent

Dangerous precedent From Media Indonesia The acquittal of Akbar Tandjung in his corruption case has established a dangerous precedent, in the sense that the court decision may serve as the reference for a future trial.

Government bans new cigarette firms from starting new operations

Government bans new cigarette firms from starting new operations Rendi A. Witular, The Jakarta Post, Jakarta The Directorate General of Customs and Excise has temporarily banned existing cigarette companies from setting up new subsidiaries or new players from entering the industry, amid allegations...

More condemn corrupt politicians

More condemn corrupt politicians Urip Hudiono, The Jakarta Post, Jakarta Prominent religious leaders, businesspeople and activists have agreed to step up efforts against corruption by not supporting candidates in the election that have shown an unwillingness to stop corruption.

Books on exploitation launched

Books on exploitation launched JAKARTA: Bandung-based Akatiga Center for Social Studies launched on Tuesday two books on exploitative relations between big enterprises, microbusinesses and workers. The books are titled Hubungan Perburuhan di Sektor Informal: Permasalahan dan Prospects (Labor...

Fire destroys traditional markets in Tangerang, Bekasi

Fire destroys traditional markets in Tangerang, Bekasi The Jakarta Post, Jakarta/Tangerang Fires destroyed two traditional markets in Tangerang and Bekasi on Monday night and Tuesday morning, respectively, leaving more than 1,000 retailers without kiosks. No fatalities were reported in either blaze.

On B2B Indonesia

On B2B Indonesia I read with dismay the letter from Uraini Umarjadi of PT Dataindo Inti Swakarsa that appears in March 2 edition of The Jakarta Post. I have no affiliation with her company, except that in my column I once reviewed the product that is now being pirated and circulated freely around.

Stock prices on the Jakarta Stock Exchange (in rupiah) on March.2, 2004

Stock prices on the Jakarta Stock Exchange (in rupiah) on March.2, 2004 _____________________________________________________________________________ Shares Close Change Trading Volume ______________________________________________________________________________ Abdi Bangsa Tbk 275 0 0 Ades...

Students should keep struggling

Students should keep struggling From Koran Tempo The acquittal of Akbar Tandjung by the Supreme Court is a betrayal of reform, which sets a bad precedent for law enforcement in Indonesia. But not all is lost. The struggle to uphold justice and eliminate corruption, collusion and nepotism will go on.

Putin and Megawati: Trial by public support

Putin and Megawati: Trial by public support Dmitri Kosyrev Political Columnist RIA Novosti Moscow "Political twins" -- that's how this writer have described the Presidents of Indonesia and Russia in Jakarta's media some months ago.

'Stick and carrot' approach suggested for dengue eradication

'Stick and carrot' approach suggested for dengue eradication Leony Aurora The Jakarta Post Jakarta A long-term dengue fever eradication program should include rewards and punishments to encourage local communities to keep their environments free from possible mosquito breeding grounds, an observer...

Army blamed for chopper saga

Army blamed for chopper saga JAKARTA: Indonesian Military (TNI) Commander Gen. Endriartono Sutarto pointed to the Army leadership as the party responsible for the controversy over the purchase of four Russian-made MI-17 helicopters.

Medical committee to vet presidential candidates

Medical committee to vet presidential candidates Ni Luh Trisna Wahyuni and Muhammad Azis Tunny, The Jakarta Post, Jakarta The General Elections Commission (KPU), in cooperation with the Indonesian Doctors Association (IDI), will establish a team of physicians to conduct medical examinations on...

China, ASEAN warn against laxness over bird flu

China, ASEAN warn against laxness over bird flu Associated Press Beijing Chinese and Southeast Asian officials meeting to discuss joint strategy against bird flu warned on Tuesday against relaxing vigilance and called for closer cooperation even as they expressed confidence the outbreak was...

JP/3/PATRIOT

JP/3/PATRIOT Abandoned by Golkar, youth affiliate seeks new image Rais Hidayat Research and Development Unit The Jakarta Post Jakarta Several youth organizations were closely linked with the ruling Golkar party under the New Order regime.

Windmill to raise water introduced

Windmill to raise water introduced JAKARTA: A non-governmental organization (NGO) for community empowerment introduced on Tuesday a windmill to raise groundwater for areas in the northern coast of Java, which is prone to drought during the dry season.

PTBA to acquire mining firms

PTBA to acquire mining firms Abdul Khalik, The Jakarta Post, Jakarta State-owned PT Tambang Batubara Bukit Asam, the country's fifth largest coal mining company, will start the process of acquiring four other coal mining companies in Kalimantan over the next two months while simultaneously pushing...

Four printing consortia face KPU sanctions

Four printing consortia face KPU sanctions Moch. N. Kurniawan and Tiarma Siboro, The Jakarta Post, Jakarta The General Elections Commission (KPU) said on Tuesday it would kick out ballot paper tender winners for allegedly subcontracting their job without the commission's consent.

Indonesia's image

Indonesia's image Indonesia has again become the center of international attention over money laundering and human rights. According to the Financial Action Task Force (FATF), which is sponsored by the G-7, Indonesia is still on the blacklist over money laundering.

JP/5/FOREST

JP/5/FOREST West Java needs 1.7 billion trees for reforestation Yuli Tri Suwarni The Jakarta Post Bandung Activist from the Sunda Environmental Observation Board (DPKLTS), a non-governmental organization in West Java, said that based on satellite images, deforested areas in West Java reached more...

Candidates for Telkom board readied

Candidates for Telkom board readied The Jakarta Post, Jakarta The Office of the State Minister for State Enterprises is currently in the process of selecting candidates to be appointed as directors and commissioners of state-owned telecommunications company PT Telkom.

Riau entry point for smuggled sugar

Riau entry point for smuggled sugar MEDAN, North Sumatra: The waters of North Sumatra and Riau, particularly around the industrial island of Batam, are believed to be the main entry point for sugar smuggled from India, local businessmen said on Tuesday.

Temasek purchase stake in Telekom Malaysia

Temasek purchase stake in Telekom Malaysia Associated Presse Kuala Lmupur, Malaysia Malaysia has sold a 5 percent stake in its national telephone company to neighboring Singapore, signaling a warming of sometimes-frosty relations between the two countries. Khazanah Nasional Bhd.

Police arrest 30 illegal loggers

Police arrest 30 illegal loggers Tony Hotland, The Jakarta Post, Jakarta Police have arrested another 30 suspected illegal loggers in Kalimantan, an island adjacent to Malaysia, and seized almost 30,000 cubic meters of logs during an operation conducted from Feb. 19 to Feb. 28.

Five arrested for drug possession

Five arrested for drug possession TANGERANG: Police arrested five men late on Monday for drug possession and use. Officers arrested two men in the act of smoking marijuana in a house in the Binong Permai housing complex, and confiscated 12 grams of marijuana.