Indonesian Political, Business & Finance News

Archive: 18 January 2000

44 articles found

Arutmin delays $45m plan

Arutmin delays $45m plan JAKARTA (JP): Coal producer PT Arutmin Indonesia said on Monday it would postpone and possibly cancel its US$45 million investment plan in mining operations due to the unclear status of a coal purchase agreement with state electricity company PT PLN.

Governor orders crackdown on illegal migrants

Governor orders crackdown on illegal migrants JAKARTA (JP): Governor Sutiyoso ordered the City Population Agency on Monday to conduct a crackdown on illegal migrants beginning next month, following an influx of people to the city after the Idul Fitri holiday, an official said. "Governor Sutiyoso ordered us to conduct raids on illegal migrants as stipulated in the 1996 City Bylaw No. 1 on Residents Registration," agency head Sjahrin Lumban Toruan told reporters at City Hall.

Transvestite killed by crowd

Transvestite killed by crowd JAKARTA (JP): A man dressed as a woman was beaten to death on Sunday after trying to steal a motorbike taxi, known locally as ojek. The incident happened at 11:30 p.m. on a football field in Joglo area, West Jakarta, when the man stopped the motorbike taxi driver, Sulaiman, 27, threatened him with a a knife and forced him to hand over his motorbike. Sulaiman screamed for help and residents in the neighborhood reacted quickly.

Indosat, StarHub tie up

Indosat, StarHub tie up JAKARTA (JP): State-owned international direct dial (IDD) operator PT Indosat has signed an operational agreement with Singapore's new IDD operator StarHub, Indosat's spokesperson Budi Prasetyo said on Monday. Under the so-called proportionated return traffic agreement, StarHub is required to direct one percent of the total outgoing calls it receives from Singapore to Indonesia to Indosat's lines and vice versa.

Arie named training director for Olympics and SEA Games

Arie named training director for Olympics and SEA Games JAKARTA (JP): The National Sports Council (KONI) named its vice chairman Arie Sudewo as training director for the 2000 Olympics in Sydney and the 2001 Southeast Asian (SEA) Games in Kuala Lumpur next year. Arie told reporters after KONI's plenary meeting on Monday that he was very surprised with the announcement. "I never request any assignments but I never decline them either.

E. Timor sets finance rule

E. Timor sets finance rule JAKARTA (JP): The United Nations Transitional Administration in East Timor (UNTAET) chief, Sergio de Mello, said on Monday he had signed a new regulation establishing a central fiscal authority, the embryo of a future finance ministry for the territory.

Gus Dur denies reports on reshuffle

Gus Dur denies reports on reshuffle JAKARTA (JP): For President Abdurrahman Wahid, a Cabinet shake-up is simply a matter of wording. In yet another dismissal of media reports of an impending reshuffle of his almost three-month-old Cabinet, Abdurrahman said on Monday such speculation was baseless. But he quickly added that if necessary he might make some minor changes to his 35- member Cabinet. "Why trust the newspapers? I myself never talked about a reshuffle.

Police arrest two men for kidnapping

Police arrest two men for kidnapping JAKARTA (JP): Central Jakarta Police detectives arrested two brothers for a series of child kidnappings at two separate places on Friday and Saturday, an official said. Based on the police preliminary investigation, Sam Budi and his brother Agus, both in their 40s, are allegedly responsible for the kidnapping of least nine children, aged between seven and 13 and all from poor families, over the past nine years.

Zarina to face charges of drug possession, use

Zarina to face charges of drug possession, use JAKARTA (JP): Drug suspect Zarina Mirafsur is expected to appear in the courtroom of the West Jakarta District Court on Tuesday on double charges, Judge Basoeki of the court said. The judge, who will preside over the first hearing of the case, told reporters at his office on Monday that the 27-year-old woman would be charged with drug possession and consumption for two separate cases.

Out of hand

Out of hand President Abdurrahman Wahid has effectively presented his critics with new ammunition to attack his administration. He has been accused of lacking a proper sense of crisis resulting from his offhand approach to the sectarian conflict in Maluku. Now his critics can claim that he is simply out of touch with reality, or even oblivious.

Workers protest minimum wage

Workers protest minimum wage BOGOR (JP): Some 60 workers of a garment company staged a rally on Monday demanding an increase in salary, which is still below the government-set minimum wage. Workers of soccer uniform producer PT Budi Mustika Garment, who marched from the factory on Jl Roda Sukasari to the Bogor Council building on Jl. Kapten Muslihat, said that besides a low salary, they had also not received any overtime.

Indonesia and U.S.

Indonesia and U.S. In the aftermath of World War II, the United States actively supported Indonesia's independence movement, and in December 1949 the United States was one of the first countries to recognize the new Republic of Indonesia.

Battle for Astra International shares escalates

Battle for Astra International shares escalates JAKARTA (JP): The battle for the acquisition of the almost 40 percent of PT Astra International the Indonesian Bank Restructuring Agency claims to control has escalated since Cacuk Sudarijanto took over as head of the agency last week. Cacuk has proposed that Astra's extraordinary shareholders meeting, scheduled for Feb.

Bengkulu elephants are trained with many skills, but jobless

Bengkulu elephants are trained with many skills, but jobless By Maswandi BENGKULU (Antara): The trainer's screams now and then broke the silence of the Elephant Training Center in Seblat, Puteri Hijau subdistrict. The mahout was training the big beasts to do jobs too heavy for humans and to do circus tricks. The elephants dutifully did what they were told. None of the "trainees" appeared exhausted although they had been training most of the day.

Alwi to lobby UN over international tribunal on E. Timor

Alwi to lobby UN over international tribunal on E. Timor JAKARTA (JP): Foreign Minister Alwi Shihab left for New York Monday evening to convince United Nations Secretary General Kofi Annan and other Security Council members that an international tribunal on East Timor is not needed as Indonesia was earnestly resolving the matter through its own inquiry. "I will hold a meeting with UN Secretary-General Kofi Annan on Jan.

Ryaas denies govt sluggish over implementing autonomy law

Ryaas denies govt sluggish over implementing autonomy law JAKARTA (JP): State Minister of Regional Autonomy Ryaas Rasyid denied on Monday the government was sluggish in implementing the regional autonomy law. Ryaas said autonomy was being quietly put in place in provinces and regencies in accordance with the Law on Regional Autonomy and Fiscal Balance Between the Central and Local Governments.

Mob burns 10 churches in Mataram

Mob burns 10 churches in Mataram DENPASAR, Bali (JP): Ten churches were either torched or damaged in Lombok, West Nusa Tenggara, on Monday when a mob ran riot after a gathering to protest sectarian violence in Maluku. The unrest broke out after 5,000 people grouped in Islamic Solidarity for the Ambonese gathered at an open field in front of the 162 Wirabhakti military headquarters in the main town of Mataram.

Husband slashes wife in domestic dispute

Husband slashes wife in domestic dispute TANGERANG (JP): An angry man severely slashed his 25-year-old wife in the neck at their rented house on Jl. Tanah Seratus in Sudimara Jaya, Ciledug, on Monday morning. Police are still questioning Sarif, 30, a vegetable supplier in Jakarta, over his motives in attacking Witarini, whom he married about a year ago.

Lufthansa Airlines adds 2 flights a week to Jakarta

Lufthansa Airlines adds 2 flights a week to Jakarta JAKARTA (JP): Lufthansa Airlines of Germany has added two flights a week to Jakarta and Air France will follow suit by adding one flight a week, both in anticipation of increasing travel demand to and from the country. An official at Lufthansa said on Monday that with the two new flights, the airline now served the Jakarta-Frankfurt route seven times a week -- the same number of flights as before the crisis.

Jakartans return to their routines

Jakartans return to their routines JAKARTA (JP): Jakarta's social and business routines began to return to normal on Monday as heavy traffic was observed throughout the city and offices have been swarmed by returning employees. Crowds of students, who have just resumed school after a 40- day Ramadhan and Idul Fitri hiatus, have been seen again in the city's streets and shopping centers.

5,000 rare deer killed by hunters

5,000 rare deer killed by hunters SAMARINDA, East Kalimantan: At least 5,000 of East Kalimantan's rare deer locally known as Rusa Sambar were illegally hunted and killed last year, an official said on Monday. Munif Muchsinin from the province's animal husbandry office called on the local administration and police to clamp down on illegal hunting by seizing traditional handmade guns from local residents.

Officials' salaries

Officials' salaries From Pikiran Rakyat As a rural layman, a television report on Jan. 15, 2000, really caught me by surprise when it stated that the salaries of government officials would be raised by hundreds of times. The president will earn Rp 120 million a month, the vice president Rp 110 million, a minister Rp 47 million and a member of the House of People's Representatives Rp 27 million.

East Timor inquiry ends questioning of TNI

East Timor inquiry ends questioning of TNI JAKARTA (JP): The Commission of Inquiry into Human Rights Violations (KPP HAM) in East Timor ended its questioning of Indonesian Military (TNI) officers on Monday, well ahead of its Jan. 31 deadline to submit its report to the government. Army First Lt. Sugito, who was commander of the military in the East Timor border town of Suai during the mayhem in September, was questioned about his activities on Sept.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 17, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 900 -50 49,000 Alakasa Industrindo 525 0 0 Alter Abadi 425 0 52,500 Alumindo Light Metal 1,200 50 224,500 Aneka Kimia Raya 525 25 60,000 Aneka Tambang (Persero) 1,350 0 1,884,000 Anwar Sierad 375 -25 139,000 APAC Centertex Corp.

Steady Safe to settle debts before April

Steady Safe to settle debts before April JAKARTA (JP): Transportation company PT Steady Safe announced on Monday that it would settle its US$265 million debt with the liquidator of Peregrine Fixed Income Limited (PFIL) before April. "Steady Safe and the liquidators of PFIL have agreed in principle on how to settle the debt," Steady Safe vice president Shadik Wahono said during the company's public expose at the Jakarta Stock Exchange office.

Minister hints at rise in fuel, electricity prices

Minister hints at rise in fuel, electricity prices JAKARTA (JP): Minister of Mines and Energy Susilo Bambang Yudhoyono hinted on Monday that fuel and electricity prices would be increased in April to reduce their combined subsidies to Rp 22.3 trillion (US$3 billion).

Becak drivers protest govt policy

Becak drivers protest govt policy JAKARTA (JP): Seeking a flexible policy on the presence of becak (pedicabs) in the capital, some 60 pedicab drivers staged a protest at City Hall demanding limited becak operational zones in the city. The drivers, grouped under the Daya Manunggal Becak Association, said the City Council should amend the 1988 city bylaw, which regulates Jakarta as a pedicab-free area. "The amendment should include article 18, which bans becak in the city.

Indonesia to host Southeast Asia Fencing Championships

Indonesia to host Southeast Asia Fencing Championships JAKARTA (JP): Indonesia will host the fifth Southeast Asia Fencing Federation (SEAFF) championships from Jan. 29 to Feb. 2 at state-owned Universitas Negeri Surabaya's sports hall. Indonesian Fencing Association (Ikasi) secretary-general Surjono said on Monday that ten events would be featured at the championships in Surabaya, which had been delayed for two years.

President says pay hike intended for future

President says pay hike intended for future JAKARTA (JP): Amid a public outcry, President Abdurrahman Wahid said on Monday he would not propose a massive pay hike for top state officials in the 2000 draft state budget. However, he stopped short of saying the plan had been scrapped and left it open for future consideration. The draft budget will be submitted to legislators on Thursday.

The strategic position of Indonesian small businesses

The strategic position of Indonesian small businesses By Tony Agus Ardie JAKARTA (JP): To overcome the negative impact of the economic crisis in Indonesia, President Abdurrahman Wahid has given first priority to creating the maximum number of job opportunities. This policy is indeed strategic and timely to enhance the productivity of the huge labor force and to promote justice.

35,000 dropouts in Central Java

35,000 dropouts in Central Java SEMARANG: About 35,000 students from elementary to high school levels dropped out of school in Central Java last year, the provincial ministry of national education spokesman said on Monday. Harjanto said 16,876 were elementary students, 11,794 in junior high school and the rest in high school. He identified economic difficulties as the main reason for them leaving school. "Many of them are busy helping their parents put food on the table," Harjanto said.

Team accuses four of stirring up Maluku violence

Team accuses four of stirring up Maluku violence JAKARTA (JP): A team established to effect reconciliation in Maluku has submitted a list of the men it suspects fomented the bloody sectarian strife, a team member said on Monday. Tamrin Amal Tomagola said the alleged provocateurs were believed to have links to members of the New Order government. The team's list has been submitted to the Indonesian Military (TNI). "I have told TNI Chief of General Affairs Lt. Gen.

Where to go in Bandung:

Where to go in Bandung: Performances * Sundanese Traditional Theater Festival, at Gedung Kesenian Rumentang Siang, Jl. Baranang Siang 1, Kosambi (Phone: 022 4233562), 10 a.m. to 11 p.m., until Jan. 23. * Theater: Anarkis itu Mati Kebetulan, at Gedung Kesenian Rumentang Siang, 8 p.m., Jan. 29 - 30. Music and Entertainment * Sheraton Bandung Hotel and Towers, Jl. Ir. H. Juanda No. 390 (Phone: 022 2500303): - SOB Fun Pub, at 9 p.m. to 12 p.m.: Duff's Band, Monday, Spielen Accid Jazz, Tuesday.

Alcatel moves HQ to China

Alcatel moves HQ to China SHANGHAI (Reuters): French telecommunications equipment giant Alcatel said on Monday it will put its new Asia-Pacific headquarters in Shanghai in a vote of confidence in the Chinese market. "All-in-all, Alcatel is now betting considerably on China," said chairman and chief executive officer Serge Tchuruk. "We chose Shanghai as the headquarters of Alcatel to position ourselves for the future," he told a news conference.

TNI attacks AGAM headquarters in Pidie

TNI attacks AGAM headquarters in Pidie BANDA ACEH, Aceh (JP): The Indonesian Military (TNI) continued on Monday to attack the headquarters of AGAM (the armed wing of the Free Aceh Movement) on a hilly area in Pidie, some 100 kilometers east of here. The siege began on Sunday with the aim of capturing AGAM military commander Teungku Abdullah Syafi'ie. Chief of Pidie Military district Lt. Col. Iskandar MS confirmed the raid on Monday and pledged the capture of the AGAM military chief soon.

Won rise continues despite govt threat, rupiah slips

Won rise continues despite govt threat, rupiah slips HONG KONG (Dow Jones): The Korean won rose Monday to its highest level since late November 1997 despite verbal intervention from the finance ministry, dollar purchases executed by state-run Korea Development Bank and reported direct intervention from the central bank.

Govt plans amendments to 1999 law on election, KPU

Govt plans amendments to 1999 law on election, KPU JAKARTA (JP): On Monday, the government announced a planned revision to the 1999 election law which would include dissolving the present General Elections Commission (KPU). Speaking after a closed door meeting with the House of Representatives leaders, Minister of Home Affairs Surjadi Soedirja simply said amendments to the law had been stipulated by the State Policy Guidelines and were "in line with people's aspirations".

Dili commercial air service resumes

Dili commercial air service resumes DILI, East Timor (AFP): East Timor's first regularly scheduled commercial air service was set to begin on Tuesday, a UN spokesman said Monday. Air North, of Australia, was to arrive in the territory's capital Dili at 1:45 p.m. (0745 GMT) with a flight from Darwin, northern Australia, Manoel de Almeida e Silva of the UN Transitional Administration in East Timor (UNTAET) told reporters.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Jan. 17, 2000: Bank notes rates Buying Selling Rp Rp U.S.

No plans to close down any banks this month: BI

No plans to close down any banks this month: BI JAKARTA (JP): Bank Indonesia has no plans to close down any banks this month because owners of private banks with insufficient capital have already recapitalized the banks, according to BI Governor Sjahril Sabirin. Sjahril said on Monday that there were only two remaining banks with a capital adequacy ratio (CAR) below the minimum 4 percent requirement. CAR is the ratio between capital and risk-weighted assets. "Most have increased their capital.

Market may be unreceptive to Astra shake-up: Executive

Market may be unreceptive to Astra shake-up: Executive JAKARTA (JP): The market would react negatively to a change now in Astra International's senior management and the firm's share price would plummet, a securities company executive warned on Monday. "Astra management is known for its high professionalism and independence.

SingNet, Freei.Net plan free services

SingNet, Freei.Net plan free services SINGAPORE (AFP): Leading Singapore and U.S. Internet service providers launched a strategic alliance Monday to develop free Internet services in the Asia-Pacific region. SingNet, a unit of giant Singapore Telecommunications Ltd.

Holidaymakers pelt train

Holidaymakers pelt train TEGAL, Central Java: At least 300 people waiting at the local railway station ran amok on Monday after being incorrectly informed by a station official that a train heading for Jakarta would not stop in Tegal. The mob, mostly people returning to Jakarta after the Idul Fitri holiday, stoned a passing Tegalarum train plying the Pekalongan-Jakarta route via Tegal, damaging some windows of the train.

Australia's Downer to visit Indonesia

Australia's Downer to visit Indonesia ADELAIDE, Australia (Agencies): Australian Foreign Minister Alexander Downer said on Monday he expects to visit Indonesia soon, as Canberra presses efforts to repair relations with Jakarta after last year's East Timor crisis. Australia led a multinational force into East Timor in September to stop the violence in the wake of East Timor's vote for independence, prompting Indonesia to break off a security pact with Canberra.