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Wed, 03 Sep 2003
Singaporean eyes Jakarta market
Singaporean eyes Jakarta market SINGAPORE: A Singapore-based tycoon is pumping millions of dollars into a Jakarta car complex that will house a showroom and after-sales facility for Porsche, Rolls-Royce and Saab.
Wed, 03 Sep 2003
3 X 13
3 X 13 E. Java plans to offer free education JP/5/bulukumba2 X 26 11 police officers quizzed over Bulukumba incident JP/5/letus1 X 32 Mt. Lewotobi still spewing hot ash JP/5/mentawai 1 X 37 Official detained, development delayed
Wed, 03 Sep 2003
House indecisive on presidency bill
House indecisive on presidency bill JAKARTA: Two years ago, the House of Representatives (DPR) agreed that it would deliberate upon the presidency bill, but the special committee tasked with debating the bill has inexplicably not begun.
Wed, 03 Sep 2003
KL denies arms race with Singapore
KL denies arms race with Singapore MALAYSIA: Malaysia denied on Tuesday that it was embroiled in an arms race with neighboring Singapore, describing military cooperation as good despite political hiccups, the official Bernama news agency reported.
Wed, 03 Sep 2003
Malaria hits 11 regencies in C. Java
Malaria hits 11 regencies in C. Java SEMARANG: Eleven of 35 regencies in Central Java are dealing with a malaria outbreak, but there have been no reported deaths from the mosquito-borne disease, provincial health office head Krishnajaya said here on Tuesday.
Wed, 03 Sep 2003
Bogor regency, a sad story
Bogor regency, a sad storyFrom Warta Kota As a citizen of Bogor regency, I have witnessed the development of this vast area with dozens of factories and recreation areas sprouting up. But order and security remain alien to the regency's various sleazy urban districts, where robbery, theft, looting...
Wed, 03 Sep 2003
JP/5/mentawai
JP/5/mentawaiOfficial's arrest blamed for development delay Kasparman The Jakarta Post Padang, West SumatraThe arrest of Mentawai administration secretary Ridwan Siritubui in the province of West Sumatra, who is charged in a corruption case, has been blamed for the suspension of development...
Wed, 03 Sep 2003
Hasyim nominated for presidency
Hasyim nominated for presidency JAKARTA: The Christian-based political party Love the Nation Democratic Party (PDKB) has proposed chairman of the country's largest Muslim organization Nahdlatul Ulama (NU) Hasyim Muzadi as its presidential candidate.
Wed, 03 Sep 2003
India offers cooperation on trade, terrorism
India offers cooperation on trade, terrorism Indian Minister of Foreign Affairs Yashwant Sinha attended the Joint Commission between India and Indonesia on Monday. A day later, he talked with The Jakarta Post's Kornelius Purba about the role of India as a new dialog partner of the Association of...
Wed, 03 Sep 2003
UGM demands donation
UGM demands donationFrom Kompas My younger brother passed the selection test to join Gajah Mada University (UGM) held in Senayan, Jakarta. Before taking the test, my brother did not fill in the column on the registration form specifying the amount he would give as a voluntary donation.
Wed, 03 Sep 2003
Rachmad Bahari
Rachmad Bahari Institute for Policy and Community Development Studies (IPCOS) Jakarta rgb@ipcos.or.id2. sTRAIT -- Invest in Indonesia? It has to stick to its laws first 2 x 30 Before investing in Indonesia it must stick to its laws Tjaco Van Den Hout The Straits Times Asia News Network Singapore
Wed, 03 Sep 2003
Regional, bilateral pacts could block global trade talks
Regional, bilateral pacts could block global trade talksAgence France-Presse, Bandar Seri Begawan Asia-Pacific business leaders, experts and economic officials began a meeting here on Tuesday amid fears that bilateral and regional pacts could impede efforts toward a more liberalized global trading...
Wed, 03 Sep 2003
IBRA to start investment assets sales
IBRA to start investment assets salesThe Jakarta Post, Jakarta The Indonesian Bank Restructuring Agency announced on Tuesday that it would begin the third Investment Asset Sales Program (PPAI) to meet the Rp 26 trillion target set by the 2003 State Budget, an agency press release said on Tuesday.
Wed, 03 Sep 2003
Taufik Hidayat's victory
Taufik Hidayat's victory Indonesian top shuttler Taufik Hidayat saved Indonesia's face in badminton by winning the Indonesia Open, after outplaying first seed Chen Hong 15-9, 15-9 at the final on Sunday in Batam.
Wed, 03 Sep 2003
Megawati rejects caretaker idea
Megawati rejects caretaker idea JAKARTA: The Indonesian Democratic Party of Struggle (PDI Perjuangan) chairwoman Megawati Soekarnoputri brushed aside demands for a caretaker leadership to run the daily operations of the party, saying it would only create a dual leadership.
Wed, 03 Sep 2003
House to allow independent to contest elections
House to allow independent to contest electionsKurniawan Hari, The Jakarta Post, Jakarta Independent candidates should be allowed to contest local elections provided they have not been affiliated to a political party for four years, the House of Representatives legislation committee says.
Wed, 03 Sep 2003
JP/5/mentawai
JP/5/mentawaiOfficial's arrest blamed for development delay Kasparman The Jakarta Post Padang, West SumatraThe arrest of Mentawai administration secretary Ridwan Siritubui in the province of West Sumatra, who is charged in a corruption case, has been blamed for the suspension of development...
Wed, 03 Sep 2003
House allows
House allows non politicians to contest governorshipKurniawan Hari The Jakarta Post JakartaIndependent candidates should be allowed to contest local elections provided they have not been affiliated to a political party for four years, the House of Representatives legislation committee says.
Wed, 03 Sep 2003
Perplexing law in Indonesia
Perplexing law in IndonesiaFrom Media Indonesia The law in Indonesia makes me confused. Though I am not a lawyer, I would suggest that a study be conducted to compare local law enforcement with the conditions in advanced democratic countries.
Wed, 03 Sep 2003
Allianz records 68% growth
Allianz records 68% growth JAKARTA: Insurance firm PT Asuransi Allianz Life Indonesia recorded Rp 266.7 billion (U$31.3 million) in gross written premiums in the first half of the year, a 68 percent increase on the same period last year.
Wed, 03 Sep 2003
Mt. Lewotobi still spewing hot ash
Mt. Lewotobi still spewing hot ashYemris Fointuna, The Jakarta Post, Kupang, East Nusa Tenggara Mount Lewotobi in East Flores, East Nusa Tenggara, continued to spew hot ash up to two kilometers high, and send out lava, rocks, fire balls and sulfur, officials said Tuesday.
Tue, 02 Sep 2003
* Headlines:U.S. fails to address security problem in Iraq 2
* Headlines:U.S. fails to address security problem in Iraq 2 * National: Harsher law vital to curb women, child trafficking 4 * Archipelago: 5 * Opinion: ASEAN Economic Community much needed 7 * City: Sutiyoso asks for more control of Greater Jakarta 5 * Sports: England's Westwood ends victory...
Tue, 02 Sep 2003
BRI books Rp 1.5 trillion in pre-tax income
BRI books Rp 1.5 trillion in pre-tax incomeEvi Mariani, The Jakarta Post, Jakarta State-owned PT Bank Rakyat Indonesia (BRI) booked Rp 1.54 trillion (US$181 million) in pre-tax income in the first half of the year, up 49.71 percent from Rp 1.03 trillion over the same period last year.
Tue, 02 Sep 2003
Asia's terror groups down but not out
Asia's terror groups down but not outDan Eaton, Reuters, Jakarta Working less like a corporation with branch offices and more like mafia-style family groups, Islamic militant cells in Asia have shown amazing resilience in the face of global efforts to eliminate terror.
Tue, 02 Sep 2003
RI's businesspeople ready to trade with Libya
RI's businesspeople ready to trade with LibyaEvi Mariani, The Jakarta Post, Jakarta Indonesian businesspeople said they were ready to send commodities to Libya under the US$540 million countertrade deal recently signed by both countries, if the prices offered were "attractive".
Tue, 02 Sep 2003
JP/17/Marketing Perspective
JP/17/Marketing PerspectiveDistinct segmentation to match consumers' needsHasan Aula Contributor Jakarta Compared with Singapore or Malaysia, the market for mobile phones in Indonesia is far less developed.
Tue, 02 Sep 2003
Riau govt under fire over warship deal
Riau govt under fire over warship dealA'an Suryana The Jakarta Post JakartaThe Ministry of Home Affairs is investigating a deal between the Riau provincial administration and the Indonesian Navy's Western Fleet on the purchase of a warship, a high-ranking government official says.
Tue, 02 Sep 2003
Foreign tourist arrivals climb
Foreign tourist arrivals climbThe Jakarta Post, Jakarta Foreign tourist arrivals through the 13 entry points across the country in July climbed 21.71 percent compared to the previous month, according to the Central Statistics Agency (BPS) monthly report.However the July figure represented a 10.
Tue, 02 Sep 2003
ASEAN trade up in 2002
ASEAN trade up in 2002Agence France-Presse, Phnom Penh Total trade in the Association of Southeast Asian Nations (ASEAN) expanded slightly in 2002, but shows signs of picking up this year, economic ministers from the 10-nation bloc said Monday.Total ASEAN trade grew 2.
Tue, 02 Sep 2003
;JP;DAN;
;JP;DAN; ANPAf..r.. Rupiah-conversion-ratesRupiah Rates Sept. 1 JP/13/ConverRupiah Rates Sept. 1 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp Australian dollar 1 5,816.49 5,165.00 5,519.94 5,461.33Brunei dollar 1 5,121.44 4,548.72 4,860.32 4,809.69Canadian dollar 1 6,490.
Tue, 02 Sep 2003
Solving the low loan-to-deposit ratio syndrome
Solving the low loan-to-deposit ratio syndromeLin Che Wei, Director, Founder, Independent Research and Advisory, Jakarta For the past five years since the crisis, Indonesia has continued to suffer from a "low loan-to-deposit ratio (LDR) syndrome," as the level of LDR among Indonesian banks...
Tue, 02 Sep 2003
Harsher law vital to curb women, child trafficking
Harsher law vital to curb women, child traffickingM. Taufiqurrahman, The Jakarta Post, Jakarta An international organization asked the Indonesian government on Monday to make the law on child trafficking harsher as the existing laws were considered inadequate to protect those who fell prey to...
Tue, 02 Sep 2003
IBRD grants medical aid to Mentawai
IBRD grants medical aid to Mentawai MENTAWAI, West Sumatra: The International Bank for Reconstruction and Development (IBRD) has allocated Rp 16 billion (US$1.8 million) toward medical equipment and health care programs to improve the health of local people, says an official.
Tue, 02 Sep 2003
JP/17/Marketing Perspective
JP/17/Marketing Perspective Huge potential for cellular operators in IndonesiaT. Hidayat Contributor JakartaAmong the businesses in the country, the telecommunications industry is enjoying some of the most rapid growth. It survived the economic crisis that hit the country in 1997.
Tue, 02 Sep 2003
Foreign banks eye BII, Lippo: IBRA
Foreign banks eye BII, Lippo: IBRADow Jones, Jakarta A slew of Asian and European banks are keen on buying a stake in Indonesia's PT Lippo Bank and PT Bank Internasional Indonesia, according to a document seen by Dow Jones.
Tue, 02 Sep 2003
More blood spilled fresh in Papua
More blood spilled fresh in PapuaNethy Dharma Somba, The Jakarta Post, Jayapura/Jakarta Ahead of a planned tribal celebration for peace, the situation in Timika, the capital of Mimika regency, abruptly turned tense on Monday following the killing of two migrant people on Sunday evening.
Tue, 02 Sep 2003
Ministry asks KPU to delay registration dateline
Ministry asks KPU to delay registration datelineA'an Suryana and Mochammad N. Kurniawan The Jakarta Post Jakarta A senior government official has asked the General Election Commission (KPU) to postpone its Oct. 9 deadline for political parties to register for the 2004 general elections.
Tue, 02 Sep 2003
Squatters protest Mayor Sarimun
Squatters protest Mayor Sarimun JAKARTA: Hundreds of squatters staged a rally in front of West Jakarta Mayoralty on Monday, protesting Mayor Sarimun Hadisaputra for issuing an eviction order against them.
Tue, 02 Sep 2003
Man nabbed for illegal arms possession
Man nabbed for illegal arms possessionThe Jakarta Post, Jakarta Police arrested a graduate of a private law school in Jakarta on charges of illegally possessing firearms.The 34-year-old suspect, Stephanus, also known as Ipan, was arrested at his house in Karang Tengah subdistrict, Ciledug district,...
Tue, 02 Sep 2003
ASEAN Economic Community much needed
ASEAN Economic Community much neededEric Teo, Council Secretary, Singapore Institute of International Affairs (SIIA), Singapore The ASEAN Economic Community (AEC) concept, first mooted by Singapore Prime Minister Goh Chok Tong last year, seeks to knit the Association of Southeast Asian Nations into...
Tue, 02 Sep 2003
Bumi to get $280m loan to buy KPC
Bumi to get $280m loan to buy KPC Bloomberg JakartaPT Bumi Resources, an Indonesian mining company, will get a US$280 million five-year loan to help fund its purchase of Indonesia's No. 2 coal miner from BP Plc. and Rio Tinto Group, the company said.
Tue, 02 Sep 2003
1. Insight -- 7 cols, 1 line, 48pts, 45 counts
1. Insight -- 7 cols, 1 line, 48pts, 45 countsSolving the low loan-to-deposit ratio syndrome 2. Myanmar -- 4 cols, 1 line, 36pts, 35 countsYangon denies Suu Kyi on hunger strike3. Susilo -- 4 cols, 2 lines, 36pts, 35 countsIndonesian minister warns of fresh terror attacks in Southeast Asia3.
Tue, 02 Sep 2003
Stock prices on the Jakarta Stock Exchange (in rupiah) on Sept.1, 2003:
Stock prices on the Jakarta Stock Exchange (in rupiah) on Sept.1, 2003:-------------------------------------------------------------- Shares Close Change Trading Volume -------------------------------------------------------------- Abdi Bangsa Tbk 275 0 0 Ades Alfindo Tbk 1,225 -50 58,500 Adindo...
Tue, 02 Sep 2003
Rp 5.1 million per councillor?
Rp 5.1 million per councillor?From Suara KaryaSeveral members of the Jakarta legislature have reportedly demanded a budget for official suits at Rp 5.1 million per councillor. If this is true, the respectable members of the City Council should feel ashamed for buying expensive suits amid the...
Tue, 02 Sep 2003
Cheap drugs for HIV/AIDS to come in October
Cheap drugs for HIV/AIDS to come in OctoberSri Wahyuni and Muninggar Sri Saraswati, The Jakarta Post, Yogyakarta/Jakarta People living with HIV/AIDS in Indonesia have been given new hope for a more affordable HIV/AIDS treatment following the announcement of plans by a state-owned pharmaceutical...
Tue, 02 Sep 2003
KPU asked to delay registration dateline
KPU asked to delay registration datelineA'an Suryana and Mochammad N. Kurniawan, The Jakarta Post, Jakarta A senior government official has asked the General Election Commission (KPU) to postpone its Oct. 9 deadline for political parties to register for the 2004 general elections.
Tue, 02 Sep 2003
House legislators grill Rini over Sukhoi deal
House legislators grill Rini over Sukhoi dealKurniawan Hari, The Jakarta Post, Jakarta The House of Representatives committee of inquiry into alleged procedural violations in the purchase of four Sukhoi jet fighters quizzed Minister of Trade Rini M.S.
Tue, 02 Sep 2003
Timber companies close due to rampant levies and illegal fees
Timber companies close due to rampant levies and illegal feesIndra Harsaputra, The Jakarta Post, Surabaya As many as 150 out of 250 timber and sawmill companies in East Java have closed down due to the increasing number of levies being imposed by some government institutions, an official said.
Tue, 02 Sep 2003
Indosat operating profits up 34%
Indosat operating profits up 34% JAKARTA: PT Indonesian Satellite Corp. (Indosat) said over the weekend that its unaudited net profit fell 23 percent in the first half of the year to Rp 402.1 billion from Rp525.
Tue, 02 Sep 2003
PGN cut bonds size to $150m
PGN cut bonds size to $150m JAKARTA: State-owned gas utility PT Perusahaan Gas Negara (PGN), has decided to cut the size of its international bond issue to US$150 million from $200 million due to weaker demand for Indonesian debt following last month's deadly hotel bombing in Jakarta, a banker...