Indonesian Political, Business & Finance News

Archive: 10 October 2000

63 articles found

China's WTO shadow hangs over AFTA

China's WTO shadow hangs over AFTA By Peter Janssen CHIANG MAI, Thailand (DPA): The 32nd economic ministers meeting of the Association of Southeast Asian Nations (ASEAN) wound up over the weekend with eyes focused on China, whose pending entry into the World Trade Organization (WTO) looms ominously over Southeast Asia's smaller economies.

Indo-Russian defense deals worry Pakistan

Indo-Russian defense deals worry Pakistan ISLAMABAD (Reuters): Pakistan voiced worries on Monday over defense deals arch-rival India has made with Russia and said major powers should instead try to persuade New Delhi to settle its disputes with Islamabad. "It is natural for us to feel concerned over the prospect of induction of massive quantities of new equipment and arms recently contracted for purchase from Russia which will be destabilizing for the region," a Foreign Ministry spokesman said.

Giant Telstra turns over IDD service to Cambodia

Giant Telstra turns over IDD service to Cambodia PHNOM PENH (DPA): Australian communications giant Telstra handed over its highly profitable monopoly on international telephone service in Cambodia after its 10-year contract ended Monday. Telstra Cambodia earned more than 100 million dollars through its exclusive contract over the 10 years, Minister of Posts and Telecommunications So Khun told Monday's ceremony.

Court frees one defendant in fake money case

Court frees one defendant in fake money case JAKARTA (JP): The Central Jakarta District Court acquitted on Monday Yustinus Kasminto, 55, a defendant in the production of Rp 19.2 billion (US$2.2 million) fake money of all charges, but sentenced a fellow Yunie, 27, to 2.5 years in jail for her role in the case.

Asian currencies pushed lower, rupiah ends flat in quiet trade

Asian currencies pushed lower, rupiah ends flat in quiet trade SINGAPORE (Dow Jones): A slump in regional bourses and an uncertain political climate in some countries late Monday cast a pall over Asian currencies, pushing them lower, market watchers said. The currencies were, however, clamped in narrow trading bands, with activity curtailed by the observance of Sports Day in Japan and Columbus Day in the U.S., dealers said.

WTO likely to bolster Taiwan-China ties

WTO likely to bolster Taiwan-China ties TAIPEI (AFP): The accession of Taiwan and China to the World Trade Organization, probably later this year, would bring the two rivals closer together, Taiwan's Vice Minister of Economic Affairs Chen Ruey-long said Monday. WTO could be "a forum for both sides to sit down to discuss what would be the best way to improve economic and trade relations between the two sides ... (and) eventually lead to peaceful settlement," he told foreign journalists in Taipei.

Where to go in Bandung:

Where to go in Bandung: Exhibitions * Painting Exhibition: by Soegeng Toekio, at Galeri Bandung, Jl. Siliwangi 16 (Phone: 022 2036515), 9 a.m. to 5 p.m., until Oct. 14. * Japanese Pottery Wadah features 71 works of Japanese contemporary ceramics artists, at Galeri Soemardja ITB, until Oct. 15. * Fine Arts Exhibition, Liyan by Nindityo Adipurnomo, at Selasar Seni Sunaryo, Jl. Bukit Pakar Timur no. 100 (Phone: 022 2507939), until Dec. 3.

Indonesia must reduce defense dependence

Indonesia must reduce defense dependence By Amal Ihsan Hadian JAKARTA (JP): The Indonesian Military received bad news shortly before its anniversary on Oct. 5. The United States Congress managed to pass a law banning continued military aid to Indonesia. Since September 1999 the U.S. has been imposing an embargo on arms and spare parts and withdrawn international military training and education cooperation (IMET) and foreign military funds. Many Indonesians have criticized the stance of Congress.

PPD drivers will 'receive their insurance fund'

PPD drivers will 'receive their insurance fund' JAKARTA (JP): The central government, in an economic affairs coordination meeting, decided to disburse the insurance fund belonging to the state-run City Bus Company (PPD) employees, who are striking for the fourth consecutive day over the disputed money.

Palu hammers the point home

Palu hammers the point home PALU, Central Sulawesi: William Shakespeare's classic remark of "What's in a name?" makes the blood of people in this town boil after being the brunt of jokes for years because they come from Palu, the Indonesian word for hammer. "We always hear officials from other towns make a joke of our beloved town, by asking 'Walikota mana yang selama ini di-Palu?' (a playful translation of 'Which mayor has been hammered?')," councillor Yunan Lampasio told Antara on Monday.

Two injured in acid attack

Two injured in acid attack SEMARANG, Central Java: Jepara Police are searching for two people who attacked two people on Friday with acid, a police officer said on Monday. Jepara Police chief Supt. Pria Iswadi Ismail said the two victims, Rusmono Zuhri and his wife Titik Daryati, residents of Panggang subdistrict in Jepara, were being treated at the local state hospital for severe burns to their faces and bodies. Pria said the couple was attacked by people riding a motorcycle.

'Don't be afraid of Hepatitis B': Expert

'Don't be afraid of Hepatitis B': Expert JAKARTA (JP): Though admitting that the country is home to around 15 million Hepatitis B virus carriers, an expert called on the people exposed to the disease not to be afraid or lose hope as there is medication that can kill the virus. "There is an antidote for Hepatitis B virus.

Rates for tax payment, valid from Oct. 9 to Oct. 15

Rates for tax payment, valid from Oct. 9 to Oct. 15 U.S. dollar 1 Rp 8,760.00 Austrian schilling 1 552.96 Australian dollar 1 4,654.19 Belgian franc 1 188.62 Canadian dollar 1 5,804.78 Swiss franc 1 5,002.86 Deutschemark 1 3,894.03 Danish krone 1 1,033.73 French franc 1 1,159.97 Poundsterling 1 12,641.56 Hong Kong dollar 1 1,123.67 Italian lira 100 392.97 Japanese yen 100 8,018.31 Malaysian ringgit 1 2,305.32 Dutch guilder 1 3,452.81 New Zealand dollar 1 3,511.88 Norwegian krone 1 963.00...

Six kidnappers surrender in RP, military reports

Six kidnappers surrender in RP, military reports JOLO, Philippines (AFP): Six members of a Muslim extremist group holding five hostages in the southern Philippines have surrendered amid a relentless army assault, the military said on Monday. Three Abu Sayyaf members turned in their rifles in Luuk on the southern island of Jolo on Saturday and notified authorities that more of their group wanted to surrender, Brig. Gen. Generoso Senga told DZMM radio.

Kendari drivers go on strike

Kendari drivers go on strike KENDARI, Southeast Sulawesi: The Southeast Sulawesi capital of Kendari was crippled on Monday following a strike by public transit drivers, demanding an increase in fares. The strike, which started at 8 a.m. local time, halted practically all activities in the city. Most offices and markets were quiet, empty of employees and shoppers. Alwan, a civil servant, told Antara that he would not work on Monday because of the strike.

RI moon-walking to recovery

RI moon-walking to recovery By Sidhesh Kaul JAKARTA (JP): Michael Jackson, pop icon and Propagator-in- chief of the dance technique of "Moon-walking", would be mighty pleased with his latest imitator -- Abdurrahman Wahid's government. "Moon-walking" is a technique wherein the dancer creates the illusion of movement, through a series of complex body movements meant to deceive the audience, but in reality remains rooted to the original position.

Hamami named a suspect

Hamami named a suspect JAKARTA (JP): Former Jakarta Police chief Insp. Gen. Hamami Nata was formally declared a suspect on Monday in an official investigation into the violent takeover of the Indonesian Democratic Party (PDI) headquarters in 1996, his lawyer said. "He (Hamami) was questioned today in his capacity as a suspect," lawyer O.C. Kaligis told reporters after accompanying his client through a nine-hour marathon questioning session at Military Police Headquarters.

SingTel plans to build 3G Asian mobile network

SingTel plans to build 3G Asian mobile network SINGAPORE (Reuters): Singapore Telecommunications Ltd, Asia's eighth largest telephone company, plans to build a Pan-Asia third generation (3G) mobile network though joint ventures with regional telecom players.

The only safe ferry service to Komodo National Park stopped

The only safe ferry service to Komodo National Park stopped By Jonathan Agranoff JAKARTA (JP): Komodo island in eastern Indonesia has been an important tourist destination as well as a World Heritage Site for Indonesia. It is the unique home of the Komodo Dragon (Varanus komodoensis), which lives nowhere else in the world. As such, Komodo island is the major destination for travelers in eastern Indonesia and the tourism revenue generated is vital for the local economy.

Local residents disappointed in mining companies

Local residents disappointed in mining companies JAKARTA (JP): Security conditions have again cast a shadow over the business climate in the country after local residents turned their anger against multinational resource companies operating in Riau and East Kalimantan. Riau Deputy Governor for People's Welfare Rustam S.

Price of kerosene skyrockets

Price of kerosene skyrockets BANDUNG: Although the local government and the Gas and Oil Products Businessmen's Association have set the retail price for kerosene in West Java at Rp 435 per liter, its actual price has reached Rp 700 per liter here. The price of kerosene in Bungbulang, 80 kilometers south of Garut, has reportedly reached Rp 800 per liter, West Java Economic bureau chief Mustafa said on Monday. "The normal market price is set at around Rp 500 per liter.

Stock quotations on JSX

Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 9, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,875 -560 1,738,500 Adindo Foresta Indonesia 140 0 190,000 Alakasa Industrindo 430 0 0 Alfa Retailindo 805 5 41,000 Alter Abadi 210 0 0 Alumindo Light Metal 995 0 0 Aneka Kimia Raya 290 0 7,500 Aneka Tambang (Persero) 985 -15 340,000 Anwar Sierad 300 0 0 APAC Centertex Corp.

Australia says talks on Timor Gap tied to aid

Australia says talks on Timor Gap tied to aid CANBERRA (Reuters): Australia hinted on Monday that the 50-50 split in oil revenues from a joint offshore exploration area in the Timor Sea could be adjusted in favor of East Timor. "We'll be looking to see whether that arrangement is entirely appropriate for the new and struggling country of East Timor, that obviously is one of the significant issues," Australian Foreign Minister Alexander Downer told reporters.

British minister to visit RI

British minister to visit RI JAKARTA (AFP): British Minister for International Development Issues Clare Short will make a four-day visit to Indonesia to underline London's support for democratic and economic reforms here, the British embassy said Monday. Short will be the most senior member of the British government to visit Indonesia since President Abdurrahman Wahid took office in October 1999, the embassy statement said.

Rizal-IMF tussle

Rizal-IMF tussle Within days after his appointment as Indonesia's new chief economics minister in late August, Rizal Ramli acted firmly to proclaim his leadership of the government's new economic team. The International Monetary Fund acquiesced to Rizal's demand for amendments to the IMF-supervised economic reform and a new reform agreement bearing his signature because the introduced changes were only superficial and the core elements of the reform package remained intact.

House's team to summon Gus Dur over scandals

House's team to summon Gus Dur over scandals JAKARTA (JP): The House of Representatives' special committee agreed on Monday to question 25 people, including President Abdurrahman Wahid, over allegations of mishandling of funds at the State Logistic Agency (Bulog) and donations from Brunei, the committee's deputy chairman Alvin Lie said on Monday.

Rallies against Israel continue

Rallies against Israel continue JAKARTA (JP): Street rallies to protest the death of scores of Palestinians at the hands of Israeli soldiers last week continued in several of the country's cities on Monday. Besides condemning the Israeli soldiers, the protesters, mostly students, also condemned the United Nations and the United States for failing to come up with a fair resolution to the problem. None of the rallies were reported to have turned violent.

Offended doctor cancels operation

Offended doctor cancels operation If you happen to live somewhere in Klaten, Central Java, beware when you go to Diponegoro Dua Satu hospital for some medical treatment. If you are a surgery patient refrain yourself from asking too many questions, especially if the doctor attending you is Dr. P. On Oct. 7, 2000 my mother was going to have a kidney stone operation. In the last minutes before the operation, Dr. P wanted to talk to some people representing her and I was one of them.

Unocal invests US$1.5 billion over five years

Unocal invests US$1.5 billion over five years JAKARTA (JP): American oil and gas company Unocal Corporation said it, together with its partners, had allocated a US$1.5 billion investment to develop the country's oil, gas and geothermal resources during the 1997 to 2002 period.

Jobless man jailed for murder attempt

Jobless man jailed for murder attempt JAKARTA (JP): An unemployed Tangerang man was sentenced to nine years in prison on Monday for a murder attempt on National Awakening Party (PKB) chairman Matori Abdul Djalil in March. The South Jakarta District Court found Achmad Tazul Arifin, 34, guilty on two counts: a premeditated murder attempt and illegal possession of firearms.

IBRA to auction bad loans to meet asset sales target

IBRA to auction bad loans to meet asset sales target JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) would soon auction part of the non performing loans it took over from state and nationalized banks to help meet its asset sales target of Rp 18.9 trillion (US$2.1 billion), Coordinating Minister for the Economy Rizal Ramli said on Monday.

Formula Asia final scheduled for Sunday

Formula Asia final scheduled for Sunday JAKARTA (JP): The Indonesian Motorsports Association (IMI) will hold the final round of the Gudang Garam Formula Asia National Championship at the Sentul International Circuit in Sentul, West Java, on Sunday. "Ten drivers have confirmed to compete in the final round," an IMI's official for Formula Asia division, Seno, told a press conference Monday.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Oct. 9, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

IBRA seeking more shares in Indofood, Indocement: Official

IBRA seeking more shares in Indofood, Indocement: Official SINGAPORE (JP): The Indonesian Bank Restructuring Agency (IBRA) is seeking to get more of the Salim Group's quality assets, including the publicly listed instant noodle giant PT Indofood Sukses Makmur and cement maker PT Indocement Tunggal Prakarsa, a senior official of the agency said here on Monday.

Councillors told to cancel trip

Councillors told to cancel trip MEDAN, North Sumatra: Some 50 students rallied at the provincial legislative council on Monday, demanding councillors cancel their planned visit to East Java and Central Java. The protesting students, grouped under the North Sumatra Anti Extravagance Society (Insaf), said the trip, which will cost the province Rp 793 million, was of a recreational purpose.

Organda seeks immediate taxi fare rise because of fuel hike

Organda seeks immediate taxi fare rise because of fuel hike JAKARTA (JP): As a consequence of the recent fuel price hike, the Organization of Land Transportation Owners (Organda) called on the city council and the city administration on Monday to set new taxi fares this week.

Junior chess tourney begins

Junior chess tourney begins JAKARTA (JP): Twenty-eight youths, mostly university students from Jakarta whose age is below 30, kicked off their first matches of the second Ibis chess tournament at Ibis hotel in Slipi, West Jakarta. The tournament, which offered a total of Rp 27 million (US$3,200), was held in seven matches according to the FIDE Swiss system. Each player is given one hour to complete their moves. The hotel's sales and promotion manager, S.

Rights bodies blame govt for Wamena riot

Rights bodies blame govt for Wamena riot JAKARTA (JP): A tense calm prevailed in Wamena on Monday as residents of the small Irian Jaya town slowly came to grips with the bloody riot that rights groups said was fueled by the government's inconsistent policies. The National Commission on Human Rights (Komnas HAM) and several human rights watchdogs here blasted on Monday the government's policies in handling unrest in Irian Jaya.

Gus Dur installs new Army, Navy chiefs

Gus Dur installs new Army, Navy chiefs JAKARTA (JP): President Abdurrahman Wahid installed on Monday Gen. Endriartono Sutarto as Army chief of staff replacing Gen. Tyasno Sudarto who will be assigned to a desk-job at the Indonesian Military (TNI) headquarters.

Emission tests canceled

Emission tests canceled BANDUNG: Vehicular gas emission tests slated to be held throughout October at every road leading into the city has been canceled due to a lack of funds, the head of the regional Environmental Impact Agency in West Java, Sumarty B. Hanafi, said on Monday. "In the absence of funds, we can only manage to conduct tests at certain checkpoints, namely Jl. Setiabudi, Gasibu field on Jl. Diponegoro, Leuwipanjang bus terminal and Cibiru traffic circle," Sumarty said.

Do not give Tommy clemency

Do not give Tommy clemency From Kontak Nearly everyone in this country particularly in big cities like Jakarta and Medan has been waiting for what will happen to Tommy Soeharto these days. If I may say something about Tommy's seeking the President's clemency, I hereby suggest to President Abdurrahman Wahid, better known as Gus Dur, not to grant him clemency. Why? Because if the President does, it will have a bad impact on the whole society of Indonesia.

JSX loses appeal as capitalization of local mart falls

JSX loses appeal as capitalization of local mart falls JAKARTA (JP): The sharp decline in the capitalization of the local stock market resulting from the impact of the economic crisis has caused it to lose its appeal to global equity investors, according to a senior executive of a foreign investment management firm.

Hanson writes off debts

Hanson writes off debts JAKARTA (JP): The extraordinary shareholders' meeting of publicly listed garment producer PT Hanson Industri Utama resolved on Monday to write off the debts of its subsidiaries and affiliated firms. Hanson president Benny Tjokrosaputro said the company would remove debts worth Rp 3 billion (US$340,000) owed by three of its subsidiaries and by two affiliated firms from its balance sheet.

An overview of the Post

An overview of the Post There was a duplication of your news item on "City agency planning to lower car parking levy" in The Jakarta Post of Oct. 6, 2000. This news report was printed side by side and shouldn't have missed your attention. A similar duplication was noticed in the Oct. 9 edition on pages 10 and 12 on Singapore's new airport terminal designed for A3XX. In your reporting, you have also been consistent in "inking" rather than "signing" the treaties.

People's access to information limited

People's access to information limited JAKARTA (JP): Activists said that regardless of the reform era, access to public information was still limited mainly due to a bureaucratic culture where officials remain reluctant to disseminate information. Mas Achmad Santosa, a senior Researcher at the Indonesian Center for Environmental Law (ICEL), stressed the need to establish an information access watchdog to ensure people get the information they are entitled to.

Basic needs not influenced

Basic needs not influenced JAKARTA (JP): The price of most basic needs in the capital has shown a significant drop in the past seven days, burying many people's expectations of a possible hike in essential commodities following the recent 12-percent increase in the price of fuel.

RP congressman to file impeachment against Estrada

RP congressman to file impeachment against Estrada MANILA (Agencies): A provincial governor claimed on Monday he collected payoffs from illegal gambling operations for President Joseph Estrada and gave him 130 million pesos (US$2.8 million) from the province's tax proceeds. The politically explosive charges are the most serious yet against Estrada, who assumed the presidency in 1998, and quickly triggered discussions of impeachment proceedings.

KL, Phnom Penh to combat drugs

KL, Phnom Penh to combat drugs KUALA LUMPUR (AP): Malaysia and Vietnam have agreed to work together to fight drug trafficking and cooperate in law enforcement, a news report said on Monday. Deputy Prime Minister Abdullah Ahmad Badawi told the national Bernama news agency that the two Southeast Asian countries want to exchange experience and knowledge on new, sophisticated crime- fighting methods.

Officials sanctioned for lack of discipline

Officials sanctioned for lack of discipline JAKARTA (JP): A total of 799 officials from the Ministry of National Education have been given disciplinary sanctions for various acts of malfeasance over the past two years, Inspector- General Muljani A. Nurhadi said on Monday. "Most officials have committed flagrant violations, such as corruption and breaching administrative procedures and planning," Muljani said.

Gus Dur names Wimar presidential spokesman

Gus Dur names Wimar presidential spokesman JAKARTA (JP): President Abdurrahman Wahid named on Monday prominent talk-show host and commentator Wimar Witoelar as his presidential spokesman. Speaking to reporters after attending the swearing-in ceremony of new Army Chief of Staff Gen. Endriartono Sutarto at the State Palace, Wimar said that he would be leading a team of four people.

Instability in Indonesia 'fuels piracy attacks'

Instability in Indonesia 'fuels piracy attacks' KUALA LUMPUR (AFP): The number of attacks on shipping in the Strait of Malacca may hit a 10-year high due to political instability in Indonesia, an anti-piracy body said on Monday. "Shipowners are worried. Japan is very concerned. At this moment it may hit a 10-year high," said Noel Choong, regional manager of the Piracy Reporting Center.

Regional free trade pacts help global trading

Regional free trade pacts help global trading SINGAPORE (AFP): Regional free trade pacts stabilize global trading, Japanese Minister of International Trade and Industry Takeo Hiranuma said Monday, as the world's second largest economy comes closer to signing such an agreement with Singapore. He said the mechanism for global trade, the World Trade Organization (WTO), was lagging behind the rapid changes in the trading environment as businesses worldwide seek quick resolutions to issues they face.

New patches of oil in waters off Singapore

New patches of oil in waters off Singapore SINGAPORE (AP): More floating oil was spotted in the waters off Singapore on Monday, six days after a tanker ran aground and spilled at least 7,000 metric tons (2 million gallons) of crude oil into the ocean. "Small broken patches of treated oil with debris" were found in areas around Singapore, the Maritime and Port Authority said in a statement.

Panin, Schroder sign deal

Panin, Schroder sign deal JAKARTA (JP): Publicly listed insurance company Panin Life signed an agreement with PT Schroder Investment Management Indonesia on Monday for the joint management of its new investment linked product. Panin Life vice president director Tri Djoko Santoso (center) said in a media conference that the product, Panin Link Insurance, would be launched at the end of the month.

Five RI athletes to Paralympics

Five RI athletes to Paralympics JAKARTA (JP): Indonesia will send five athletes -- Imam Kuncoro, Aspen Tarihorum, Aris Kadarisman, Harsono and Hendri Nadi competing in track and field and weightlifting -- to the Paralympic Games in Sydney from Oct. 14 to Oct. 30.

Eight bodies discovered after clash in Saparua

Eight bodies discovered after clash in Saparua AMBON, Maluku (JP): Residents of riot-torn Sirisori village in Saparua Island, Central Maluku, found eight bodies on Monday, consisting of three soldiers and five civilians, in the debris left behind by a clash on Sunday, a church official said. The Klasis Maluku Protestant Church's secretary, P.G. Manopo, said in Saparua that the five civilians were all clad in Muslim outfits and were identified later as members of Laskar Jihad (the Jihad Force).

Lufthansa, Air China's deal

Lufthansa, Air China's deal FRANKFURT (AFP): The German airline Lufthansa said on Monday that it had signed a code-sharing agreement with Air China which would come into effect at the end of October. Lufthansa chairman Juergen Weber and his counterpart at Air China Wang Li'An had signed a corresponding agreement in Peking on Monday, the German airline said in a statement here.

Supporters of Eurico rally to seek his release

Supporters of Eurico rally to seek his release JAKARTA (JP): More demonstrations of support for arrested East Timor militia leader Eurico Guterres were evident on Monday, with a growing chorus questioning the procedure and motive for his arrest. Dozens of men, claiming to be Eurico supporters, went to the National Police headquarters here on Monday demanding he be released. In a two-hour meeting with National Police spokesman Brig. Gen.

Pucung handicraft industry boosts villagers' lives

Pucung handicraft industry boosts villagers' lives By Singgir Kartana YOGYAKARTA (JP): Pucung village has improved, thanks to the efforts of Sihono, who helped transform the simple village in Sewon district in Bantul regency, eight kilometers south of here, into a bustling statue-making center. The former pedicab driver who worked in Yogyakarta was inspired to start the business after he saw a tourist carrying an old wooden statue.

RI wants to win SEA Canoe

RI wants to win SEA Canoe JAKARTA (JP): Indonesia has prepared 11 canoeists -- eight men and three women -- to compete in the Southeast Asian Canoeing Championships from Nov. 2 to Nov. 5 in Vietnam. They are being groomed at the Jatiluhur dam in Purwakarta, West Java, and are expected to win the championships. Last year, Indonesia was beaten by Myanmar to finish as runner-up.

Sampoerna reports higher sales

Sampoerna reports higher sales JAKARTA (JP): PT HM Sampoerna, one of the country's major cigarette producers, reported on Monday a 40.6 percent increase in total sales in the third quarter to Rp 2.24 trillion (about US$282.35 million) from Rp 1.7 trillion in the same period last year. Total sales volume in the quarter ended in September increased by 29.5 percent to 10.49 billion cigarettes from 8.10 billion cigarettes in the same period last year. "For the year to date, aggregate volumes are 20.

Allianz opens new branch

Allianz opens new branch JAKARTA (JP): Insurance company PT Asuransi Allianz Utama Indonesia opened its newest branch in Makassar, South Sulawesi, on Monday marking the company's first move to reach the eastern Indonesian market. The company said in a statement that it saw Makassar, formerly Ujungpandang, as a potential center of development not only for Sulawesi but for the whole eastern Indonesia.

PKP to change name in 2004 elections

PKP to change name in 2004 elections JAKARTA (JP): The Justice and Unity Party (PKP) intends to change its name if it cannot suspend the implementation of a minimum threshold requirement which would bar it from contesting in the 2004 general election. Party chairman Gen. (ret.) Edi Sudrajat said on Monday the party's name might be changed to the Justice and Nation Unity Party (PKPB).