Archive for March, 2007

Indonesia’s Year of Living Dangerously

Disasters are becoming standard fare on Indonesia’s TV screens. On Tuesday, it was shattered homes and buildings in and around Padang, the capital of west Sumatra, struck by two earthquakes in quick succession that killed at least 70 people. On Wednesday, it was scenes of the charred fuselage of a Garuda Airlines jet at Yogyakarta’s […]

March 9th, 2007 - Posted in Yogyakarta

Survivors say plane too fast in landing

Survivors of the fiery crash landing Wednesday of a Boeing 737-400 said the plane appeared to be going too fast and shook violently before it touched down, lurched off the runway and exploded in flames, killing at least 21 people.
More than 110 dazed and bloodied survivors staggered from the Indonesian jetliner after it broke through […]

March 9th, 2007 - Posted in Yogyakarta

Australian burns expert in Yogyakarta an acclaimed pioneer

Burns specialist Fiona Wood, who arrived in Indonesia Thursday to help victims of the Yogyagarta plane crash, is a world-renowned expert whose work won her the title Australian of the year in 2005.
Wood pioneered the so-called “spray-on skin” treatment for burns victims and was acclaimed for her dedication treating survivors of the 2002 Bali […]

March 9th, 2007 - Posted in Yogyakarta

Garuda Indonesia jet crashes in Yogyakarta

A jet from Indonesia’s state carrier Garuda crashed and burst into flames on landing at Yogyakarta airport on Wednesday morning, an airline spokesman said.
He gave no other details, but the Indonesia state news agency Antara said the plane crashed and exploded at 0700 (0000 GMT) and passengers were trapped inside the burning fuselage.
The make and […]

March 7th, 2007 - Posted in Uncategorized

Central bank national clearance fully implemented this year

Bank Indonesia (BI) or the central bank has set a target of fully implementing Bank Indonesia National Clearance System (SKNBI) in all 106 clearance regions this year, an official said.
“The implementation of SKNBI in Palembang, Bengkulu, Bandar Lampung, Palangkaraya, Jambi and Lhokseumawe has caused 96 percent of clearance transaction nationwide to get connected. Theremaining 4 […]

March 4th, 2007 - Posted in Yogyakarta

‘VOA Executive Lounge’ Debuts for Young Indonesian Professionals

The Indonesian Service at the Voice of America launched VOA Executive Lounge today. The seven-day-a-week program (VOA Executive Weekend on weekends) for young professionals will be carried from 7:00 to 7:30 p.m. Indonesian time on the Trijaya Radio Network, the leading station in Jakarta. Each program will focus on how young professionals can be successful […]

March 4th, 2007 - Posted in Uncategorized

Astra Graphia’s profit up 54%

Publicly-listed information technology company PT Astra Graphia Tbk announced on Tuesday its net profit rose 54.1 percent to Rp 55.56 billion (US$6.17 million) in 2006 from Rp 36.06 billion a year earlier on an increase in operationalincome and difference of the rupiah’s exchange rate against the dollar.
Operational income rose 13.48 percent to Rp 619.03 billion […]

March 4th, 2007 - Posted in Yogyakarta

BRI allocates Rp 1 trillion to buy stakes

Publicly-listed Bank Rakyat Indonesia (BRI) has set aside Rp 1 trillion (US$111 million) in fund to buy stakes in a number of leasing firms and banks as part of efforts to expandits businesses, its general director Sofyan Basir said Thursday.
The budget for the acquisition of leasing firms and banks was contained in the bank’s business […]

March 4th, 2007 - Posted in Yogyakarta

JSX ends flat as gains in telecommunication, mining blue chips

Indonesian shares ended flat Friday with gains in telecommunication, mining blue chips keeping index barly in positive territory.
The Jakarta Stock Exchange Composite index closedup 0.529 point at 1,760.019 from previous of 1,759.490 as the market remained in a consolidation mode ahead of an announcement of a central bank’s new policy on interest rate Tuesday.
Heavyweight Telkom […]

March 4th, 2007 - Posted in Yogyakarta

Most Asian markets down in wake of global sell-off

Many Asian markets slid again Friday amid lingering jitters over the global selloff sparked this week by the plunge in Chinese stocks.
But markets in Hong Kong and Shanghai edged higher as some investors snatched up stocks that had fallen to attractive levels in recent days.
Hong Kong’s Hang Seng Index rose 95.41 points, or 0.49 percent, […]

March 4th, 2007 - Posted in Yogyakarta

Homegrown talent shines brightly at Java Jazz

At this year’s International Java Jazz Festival, foreign-based performers may outnumber homegrown artists, but that does not mean that the latter were willing to be outdone by the former.
On Saturday, the second day of the festival, local artists, who make up only 40 percent of the entire lineup of 200 performers, shone the brightest and […]

March 4th, 2007 - Posted in Yogyakarta

20 new ocean species found in Indonesia

Twenty new species of sharks and rays have been discovered in Indonesia in a five-year survey of catches at local fish markets, Australian researchers said Wednesday.
The survey by the Australian Commonwealth Scientific and Industrial Research Organization, or CSIRO, represents the first in-depth look at Indonesia’s sharks and rays since Dutch scientist Pieter Bleeker described […]

March 1st, 2007 - Posted in Yogyakarta