Indonesian Political, Business & Finance News

M-WEB Indonesia has new leader

| Source: JP

M-WEB Indonesia has new leader

JAKARTA: South Africa-based information telecommunications giant
Myriad International Holdings (MIH) has appointed David Burke as
chief operating officer for its Indonesian subsidiary, M-WEB
Indonesia.

Burke, who joined M-Web Indonesia two years ago, was the
company's business development director until the new
appointment.

Burke will be responsible for the day-to-day activities and
running of M-Web Indonesia and will report directly to Antonie
Roux, the chief executive officer (CEO) of M-Web International in
Johannesburg, according to the company's media statement.

A market leader in the country's Internet business, M-WEB
Indonesia offers various services, including Internet portals,
Internet service provision (ISP), Internet retail and web
development. -- JP

Inco Q2 profit rises to US$11.2m

JAKARTA: Mining company PT International Nickel Indonesia
(Inco) announced on Thursday a net profit of US$11.24 million (4
cents per share) for the second quarter of the year, a 51 percent
increase from $7.4 million (3 cents per share) in the same period
of last year.

Net profit for the first half of the year stood at $12.8
million (5 cents per share), compared to $16.3 million in the
same period of last year.

The company said in a statement that the increase in quarterly
profits was due to a rise in the price of nickel, coupled with
the company's success in cutting fuel costs.

The realized average price for nickel in matte in the second
quarter of the year reached $5.244 per ton, compared to $5.139
per ton in the corresponding period of last year. -- JP

Singapore's first MMS system launched

SINGAPORE: MobileOne Asia (M1) announced Thursday the launch
of Singapore's first multimedia messaging service (MMS), allowing
users to download and transmit pictures and other rich files via
mobile phones.

Singapore's number two cellular phone company said the service
will be offered for free initially from Saturday to enable
subscribers to acquaint themselves with the service, now
available on only a few phone models.

MMS is touted as the next big wave in wireless communications
after the phenomenally successful short messaging service, which
is restricted to brief text messages. By next year, most new
mobile phone models are expected to sport MMS capabilities.

Apart from pictures, which can be taken with the phone's
built-in digital camera, MMS-capable phones can also send
animation, voice recordings and music.

M1 plans to start charging for the service in September. Each
MMS message will cost 50 cents to S$1.20 (30-70 US cents)
depending on the size of the file. --AFP

Mitsubishi recalls mini cars in Japan

TOKYO: Troubled automaker Mitsubishi Motors Corp. said
Thursday it would recall 676,741 Minica and Minica Toppo light
cars in Japan due to a battery problem, though no accidents had
been reported.

"Rainwater may enter the battery box causing battery fluid to
scatter (in) some cases. The scattered fluid may hit the left
front brake pipe resulting in possible damage to it," Mitsubishi
said in a statement.

In the worst case scenario a car's braking ability could be
affected, Japan's fourth largest automaker said, adding it had
received 31 reports of such a problem.

Mitsubishi would install battery covers and replace battery
sheets with those fitted with a drainage hose to fix the fault,
it said. The firm will also inspect braking pipes for its
customers.

The recall covers vehicles made between 1993 to 1998.

Mitsubishi's image was tarnished after it confessed in August
2000 to having failed to inform authorities about at least 64,000
customer complaints over faulty vehicles since 1977, opting to
repair the vehicles itself instead of issuing costly model-wide
recalls. --AFP

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