Colossal dance show Ariah to be performed on Jakartas anniversary

General Sources - Tuesday 21st May, 2013

The Jakarta administration is preparing a stupendous Betawi dance musical performance spread over three days in late June to celebrate the capital's 486th anniversary, which falls on June 22. From June 28 to June 30, the colossal show Ariah is set to wow Jakartans on what is going to be the nation's biggest stage ever at the National Monument (Monas) in Central Jakarta. Based on the ...

Indonesias Freeport mine risks prolonged closure over disaster

Reuters - Tuesday 21st May, 2013

Tue May 21, 2013 5:49am EDT * Death toll rises to 21, hopes fade for survivors * Unions demand thorough investigation * Mine has been closed for a week By Michael Taylor JAKARTA, May 21 (Reuters) - Freeport McMoRan Copper & Gold Inc's Indonesian mine could face a prolonged closure and scrutiny over its underground mining plans after one of the country's worst-ever mining disasters, ...

Ahok shares May 1998 experiences

The Jakarta Post - Tuesday 21st May, 2013

Deputy Governor Basuki 'Ahok' Tjahaja Purnama's family still carries the scars of the May 1998 riots.Ahok himself watched the burning of Karawaci Supermall when his family had to move from Karawaci in Tangerang to Pluit in North Jakarta around May 13. There were burning tires everywhere. "We thought that we'd be better dying as a family instead of running away," ...

STOCKS NEWS INDONESIA-Index down consumer sector weighs

Reuters - Tuesday 21st May, 2013

Tue May 21, 2013 5:22am EDT Indonesian shares fell 0.5 percent to 5,188.76 on Tuesday, led by a decline in consumer sector stocks. Drug distributor Kalbe Farma and cigarette maker Gudang Garam dropped more than 2 percent each. Jakarta's blue chip index slid 0.58 percent. "We note that the consumer companies' first-quarter 2013 results have been lacking positive surprises, with margin ...

TABLE-Indonesia sells 9.35 trln rupiah of bonds yields up

Reuters - Tuesday 21st May, 2013

JAKARTA, May 21 (Reuters) - Indonesian government raised 9.35 trillion rupiah ($958.24 million) at an auction on Tuesday, above an initial target of 8 trillion rupiah with most yields rising from the previous auction, the finance ministry's debt office said. Yields of 1-year T-bill, 15-year bond and 20-year bond were higher than the May 6 auction. The highest bid-to-cover ratio was 1.67 for ...

Indonesia sells 9.35 trln in debt auction above target

Reuters - Tuesday 21st May, 2013

JAKARTA | Tue May 21, 2013 4:49am EDT JAKARTA May 21 (Reuters) - Indonesia's finance ministry sold 9.35 trillion rupiah ($958.24 million) of conventional government bonds at an auction on Tuesday, above the target of 8 trillion rupiah, the debt office at the ministry said. The ministry sold all of the offered series to help finance its budget deficit this year. The ministry sees ...

Indonesian Mine Death Toll Rises Miners Still Trapped

China Mining - Tuesday 21st May, 2013

The death toll a day after a tunnel collapse at PT Freeport Indonesia's massive Grasberg area mining operations rose to four Wednesday, with the company suspending all mining activity, amid rescue attempts for miners still trapped deep underground in the remote highlands of Papua, eastern Indonesia. The company said 10 miners had been rescued since the collapse Tuesday and rescue workers ...

Update-MoodysDevelopers to benefit from demand in Greater Jakarta

Reuters - Tuesday 21st May, 2013

Tue May 21, 2013 3:07am EDT Lippo Karawaci, Alam Sutera Realty and Pakuwon Jati For the full text of this story please click the following ...

Indonesia inflation may accelerate to 7

Times of India - Tuesday 21st May, 2013

Although inflation-indexed bonds prove beneficial during times of high inflation, they underperform when the economy goes through a deflationary ...

14 dead 14 missing in Indonesia mine tunnel collapse

Global Post - Tuesday 21st May, 2013

At least 14 people are dead, 14 are still missing and 10 have been rescued after a tunnel collapsed last Tuesday at an underground mine training facility in ...

Portuguese firms to tap into Indonesias business potentials

Asia News Network - Tuesday 21st May, 2013

Following in the steps of its European neighbors, dozens of Portuguese firms are visiting Indonesia to seek business partnerships and explore untapped local business opportunities. The delegation, touted to be the biggest Portuguese business mission to the country, highlighted its new interest in Indonesia, predicted to be among the world's 10th biggest economies within the next decade, ...

Indonesia nabs Iranian big fish Abdi over human smuggling

The Standard - Tuesday 21st May, 2013

(46 mins ago) Indonesian authorities have arrested an Iranian-born Australian resident who they suspect headed a people-smuggling network that spanned the country, a report said. Mohammad Abdi, 36, was detained at an apartment in Jakarta yesterday along with two other Iranians, The Australian newspaper said, citing Indonesian police. ';Right now we think he's a big ...

Death toll rises to 21 in Indonesian mine collapse

West Australian - Tuesday 21st May, 2013

TIMIKA, Indonesia (AFP) - The death toll from a mine tunnel collapse in eastern Indonesia has risen to 21, the US operator said Tuesday, as rescuers searched for another seven workers now also presumed dead.The accident happened on May 14 at Freeport-McMoRan's Grasberg, one of the world's biggest gold and copper mines in mountainous, remote Papua province, and 10 workers were rescued ...

SBY names Moeldoko new Army chief

The Jakarta Post - Tuesday 21st May, 2013

Paper Edition | Page: 8 President Susilo Bambang Yu-dhoyono appointed on Monday Lt. Gen. Moeldoko as the new Army chief of staff to replace Gen. Pramono Edhie Wibowo, who reaches the mandatory retirement age this month.Moeldoko, who was Pramono's deputy, will be inaugurated in a ceremony on Wednesday."I have told the new Army chief of staff to improve the professionalism of the ...

Govt officially rejects Rome Statute

The Jakarta Post - Tuesday 21st May, 2013

Paper Edition | Page: 8 It is now official that Indonesia will not ratify the Rome Statute for the accession to the International Criminal Court (ICC) in the near future.Defense Minister Purnomo Yusgiantoro issued a statement that effectively blocks the ratification of the statute, dashing the hope of rights activists, at home and abroad, who had called for its quick ratification."There ...

Papua cop gave ‘charity funds’ to bosses

The Jakarta Post - Tuesday 21st May, 2013

Paper Edition | Page: 8 Adj. First Insp. Labora Sitorus, a Papua Police officer accused of owning fat bank accounts, has said he wired money for "charity-related programs" to several of his superiors.Labora, who allegedly controlled accounts through which passed over Rp 1 trillion (US$102 million) over a five-year period, made his statement during a closed-door meeting with National ...

Indonesia mogul ready to discuss deal on Intrepid project -letter

Reuters - Tuesday 21st May, 2013

MELBOURNE | Tue May 21, 2013 12:50am EDT MELBOURNE May 21 (Reuters) - An Indonesian tycoon who owns a big stake in a huge copper and gold prospect taken from Australia's Intrepid Mines last year is willing to resolve the ownership dispute, he said in a letter to an investor looking to oust the company's board. The dispute is over the Tujuh Bukit project, potentially holding 30 ...

Land owners stall toll road bid in Depok

The Jakarta Post - Monday 20th May, 2013

Land owners in Depok, West Java, want more money for their land, wanted by the government for the Cinere-Jagorawi toll road that was scheduled to have been finished last year.While the government-sanctioned Land Acquisition Committee for Depok divided 225 plots in Beji district into six different zones for compensation, land owners are holding out for the same price."We want compensation of ...

Huawei showcases its LTE-TDD solutions in Indonesia

Global Times - Monday 20th May, 2013

Huawei Technologies Co. Ltd, the world's No. 2 telecoms equipment maker showcased its latest solutions of LTE-TDD, China's fourth-generation (4G) telecommunications technology here Monday to further enhance its commitment to growing Indonesia's information and communications technology (ICT) landscape.LTE-TDD will bring great benefits to the Indonesian telecommunications landscape ...

Preschooler Kalan fundraises for orang-utans in Indonesia

AdelaideNow - Monday 20th May, 2013

PRESCHOOLER Kalan is getting up to some monkey business. The four year old hopes to raise $1000 to help orang-utans in Indonesia. He says he decided to help after seeing a documentary about the orang-utans plight earlier this month. "I saw on TV that some people are chopping down the trees where the orang-utans live," Kalan says. "I was very cross with these people (and thought) ...

Special Autonomy “Plus” Not Answering Problems of Papua

General Sources - Monday 20th May, 2013

SuaraPapua.com PAPUAN, Jakarta - The Draft Special Autonomy Law Plus (Otsus) that is being discussed with the central government and the governor of Papua province will be deemed not to answer the questions and the problems in Papua."To my assessment Autonomy Plus will not answer the problems in Papua, Papuan people are only asking to hold a dialogue as the only peaceful ...

British school takes lecture classes to new depths -- 60 feet down

Middle East Times - Monday 20th May, 2013

Britain's University of Exeter says it has taken its marine biology lecture classes to a new level -- 60 feet beneath the sea off Indonesia, to be exact. The lectures were held during dives on tropical coral reef systems during the annual field trip to the Wakatobi Marine National Park in Indonesia for the school's School of Biological Sciences students, a university release said ...