Indonesian Political, Business & Finance News

Archive: 6 November 2000

50 articles found

Inflation threatens economic recovery, says economist

Inflation threatens economic recovery, says economist BOGOR, West Java (JP): The country's economic recovery process is now being threatened by the inflationary pressure caused by the weakening rupiah and greater demand for goods and services, according to noted economist Sri Mulyani. Sri said that a low inflation level was a crucial factor to support the recovery of the economy. "Controlling inflation is a very important key," Sri told a weekend press gathering sponsored by Bank Indonesia.

Suggestions by students

Suggestions by students From Republika This nation is undergoing a hard exam. The latest proof is that the leaders have been challenging each other. The President has challenged the People's Consultative Assembly (MPR) to hold a special session. This challenge was answered by the MPR Speaker and the Speaker of the House of Representatives (DPR) by asking President Abdurrahman Wahid (Gus Dur) to resign from the presidency. The President answered "what if I don't want to resign".

Landslides, floods wreak havoc in Central Java

Landslides, floods wreak havoc in Central Java PURWOREJO, Central Java (JP): Landslides and floods which had struck Purworejo, Purbalingga and Kebumen regencies following two days of torrential rains, have killed at least 21 residents and damaged dozens of houses, an official reported on Sunday. Nineteen of the 21 fatalities were in Purworejo and two in Kebumen. There were no reports of fatalities in Purbalingga.

Lippo launches new housing complex

Lippo launches new housing complex JAKARTA (JP): Real estate developer Lippo Cikarang has launched a new housing complex on its 3,000-hectare site in Cikarang, Bekasi, West Java. The company's public relations head, Jeanny Wullur, said on Saturday that the new project, called Bukit Cikarang Housing Complex, offers 250 houses with prices starting from Rp 80 million and sizes ranging from 42 square meters to 260 square meters.

Newmont projects 50% increase in gold output

Newmont projects 50% increase in gold output JAKARTA (JP): PT Newmont Nusa Tenggara (NNT), a subsidiary of the Denver-based Newmont Mining Corporation, expects to produce between 550 to 600 million pounds of copper and 400,000 to 450,000 ounces of gold from its Batu Hijau copper and gold mine on Sumbawa island, West Nusa Tenggara province in 2001.

U.S. presidential election and the spat with RI

U.S. presidential election and the spat with RI By Gandhi Sukardi JAKARTA (JP): Like anywhere else, the United States presidential election has been closely watched by many Indonesians, but this time with a difference. Recent violence in the Middle East has split Indonesian society into two camps; pro and anti-American. Probably the pro-American group is more interested in the outcome of the elections. While the other group has been more vocal, voicing anti-American sentiments in many cities.

Rexy says goodbye to fans in final show

Rexy says goodbye to fans in final show JAKARTA (JP): Indonesian badminton lovers should have been smiling and laughing when Rexy Mainaky and Tony Gunawan managed to oust top seeds Choong Tan Fook and Lee Wan Wah of Malaysia in Sunday's final of the US$150,000 JVC Asian Badminton Championships at Senayan Indoor Stadium.

Sunda or Pasundan province?

Sunda or Pasundan province? From Pikiran Rakyat This is my comment on Mr. Tjetje H. Padmadinata's statement and opinion (Pikiran Rakyat of Oct. 26) to change the name of the West Java Province into the Sunda or Pasundan province.

Our e-infrastructure is slowly improving

Our e-infrastructure is slowly improving By Zatni Arbi JAKARTA (JP): Now I no longer have to suffer from the always- on envy. After KabelVision installed my cable modem, I no longer had to limit my Internet time. No matter how much I use the Internet, the cost would be the same -- a little more than Rp 400,000 per month (including the cable TV service). I have also subscribed to McAfee ActiveShield, which protects my PC from virus infections.

Govt wants to reform oil and gas industry

Govt wants to reform oil and gas industry By Berni K. Moestafa JAKARTA (JP): The government recently submitted to the House of Representatives (DPR) a draft law on oil and gas in another legal move to lift the exclusive rights given to state owned oil and gas company, Pertamina, over the country's upstream and downstream oil and gas industries. A similar bill, which also sought the removal of Pertamina's monopoly, was submitted in 1999 but was rejected by the House.

Exploring the possibilities of over 20 million online

Exploring the possibilities of over 20 million online By Onno W. Purbo JAKARTA (JP): Twenty million Indonesians online by 2004: Is it hype or reality? At the moment, an estimated 1.5 million Indonesians surf the Internet by way of 130 Internet service provider (ISP) licenses issued by the government. All information technology (IT) and cyber activities are supported by over two million PCs with approximately 10 million telephone lines in Indonesia.

Muslim students congress opens

Muslim students congress opens YOGYAKARTA: The Indonesian Muslim Students Action Front (KAMMI) opened its second congress on Sunday at Wisma LPP Demangan here. The congress, is being participated in by some 250 KAMMI activists from throughout the country. The five-day congress is scheduled to discuss KAMMI's major agendas including changes to the organization's statutes and guidelines (GBHO) and election mechanisms for the executive board members.

Show greater statesmanship!

Show greater statesmanship! If U.S. Ambassador Robert Gelbard was genuine when he claimed in The Washington Post that the worsening relationship between the U.S. and Indonesia was the work of President Abdurrahman Wahid's opponents, he should be doing everything possible to thwart further deterioration. Unless, of course, he wants the President's opponents to succeed. There are many steps he could take. He could reopen the U.S.

SIA crash likely to dominate trade

SIA crash likely to dominate trade SINGAPORE (Reuters): The crash of a Singapore Airlines jet in Taiwan is likely to dominate trading early this week after the company accepted full responsibility. SIA fell 5.71 percent to S$16.50 on Friday, topping the losers' list, after a Taiwan prosecutor said the Boeing 747-400, carrying 179 passengers and crew, tried to take off from the wrong runway.

Puteh elected Aceh governor

Puteh elected Aceh governor BANDA ACEH, Aceh (JP): Ignoring calls by President Abdurrahman Wahid and Home Affairs and Regional Autonomy Minister Surjadi Soedirdja for delay, the Aceh Legislative Council elected Abdullah Puteh governor of Aceh on Saturday. Abdullah Puteh, former chairman of formerly state-sponsored youth organization National Youth Committee (KNPI) and Azwar Abubakar won 33 out of 54 ballots for governor and deputy governor. Abdurrahman asked the Aceh Legislative Council on Oct.

RI beats Portugal in Chess Olympiad

RI beats Portugal in Chess Olympiad JAKARTA (JP): Indonesian chess players booked a 2.5-1.5 VPs victory over the Portuguese in the men's event while the women settled for a tie result with Bangladesh in the seventh round of the 34th Chess Olympiad in Istanbul on Saturday. Hamdani Rudin was the hero of the day when he beat D. Fernando at the 42nd move. Meanwhile three other chess players settled for tie results. Grand Master (GM) Edy Handoko tied with A.

M'sian legislator killed

M'sian legislator killed KUALA LUMPUR (AFP): Malaysian police are investigating whether contract killers murdered a state assemblyman in broad daylight, reports said Sunday. Joe Fernandez, 54, died in hospital on Saturday after being shot three times by two men on a motorbike who pulled alongside his vehicle at Bukit Mertajam in the northern state of Penang.

Taufik, Xie grab titles at Asian badminton c'ships

Taufik, Xie grab titles at Asian badminton c'ships JAKARTA (JP): Indonesian wonder boy Taufik Hidayat and Chinese new starlet Xie Xinfang grabbed the men's and women's singles titles respectively at the US$150,000 Asian Badminton Championships Sunday at the Senayan Indoor Stadium. Taufik, being booed and wooed by about 9,000-spectators, had to pump up his energy to overcome teammate Rony Agustinus 14-17, 15-2, 15-3 in a match lasting nearly one hour.

House to urge Gus Dur to delay Australian visit

House to urge Gus Dur to delay Australian visit JAKARTA (JP): Upset by the latest remarks of Australian foreign minister Alexander Downer, the House of Representatives has vowed to continue urging President Abdurrahman Wahid to cancel his visit to Canberra, a senior legislator said.

Five killed when truck collides with minivan

Five killed when truck collides with minivan JAKARTA (JP): Five people, including a 13-year-old boy, were killed after a fuel truck loaded with 16,000 liters of gas, collided with an Isuzu Panther minivan on the Kemayoran flyover near the harbor toll road in Ancol, North Jakarta on Sunday. Police and relatives said only one person, a 37-year-old woman identified as Tjandrawati Arifin, managed to survive the inferno.

S'pore beats Cambodia in Tiger Cup tie

S'pore beats Cambodia in Tiger Cup tie SONGKHLA, Thailand (AFP): Singapore's attacking midfielder Mohamed Rafi Mohamed Ali saved face for the defending champion as it scraped to a 1-0 victory over Cambodia in its opening tie of the Tiger Cup at the Tinsulanon Stadium on Sunday evening. The 28-year-old sent in a curling freekick 20-meters out from the left into the far right top of goal, with Cambodia goalkeeper Soun Dara well beaten.

City makes plan to anticipate floods

City makes plan to anticipate floods JAKARTA (JP): The city administration is preparing for the coming rainy season and its usual floods by establishing task- force teams in each mayoralty to watch over the 80 spots vulnerable to flooding. City administration spokesman Muhayat told The Jakarta Post on Saturday that the teams set up by the Public Works Office had a total of 60 people, who would be helped by other watchers in 42 districts.

What's on JiFFest this Tuesday

What's on JiFFest this Tuesday Life as a STD (TIM 1, 7:05 p.m.) Physician Tomasz learns he is terminally ill; moody and suspicious by nature, he now sets about trying to destroy a young couple's love (in Polish with English subtitles/99 minutes). Puisi Tak Terkuburkan (TIM 1, 9:15 p.m.) The film by Garin Nugroho tells the story of street children in Yogyakarta (120 minutes, Indonesian).

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Art Oltre la Visione, a Touch of Italian Contemporary Art, the Istituto Italiano di Cultura, Jl. Cokroaminoto 117, Central Jakarta (Phone: 3927531), Monday to Friday, 9 a.m. to 1 p.m., until Nov. 17. * Photo Ordinary People, by Deniek G. Sukarya, Galeri Foto Cahya,Wisma Surya Kemang Raya No. 33, South Jakarta (Phone: 7193731), until Nov. 30. * Painting by Vatroslav Kulis, Duta Fine Arts Foundation, JL.

Tripartite force gets support from city councillors

Tripartite force gets support from city councillors JAKARTA (JP): Councillors supported on Sunday the city administration's plan to establish a tripartite force to improve its performance in maintaining security and order in the capital. Contacted separately by The Jakarta Post, United Development Party (PPP) councillor Syarifien Maloko and his Indonesian Democratic Party of Struggle (PDI Perjuangan) counterpart Audy I.Z.

Elections may improve RI-U.S. ties

Elections may improve RI-U.S. ties Indonesian-U.S. relations are poor at the moment following the verbal sparring between U.S. Ambassador Gelbard and Indonesian officials and the shutting down of the U.S. Embassy's public services after receiving threats. But Dewi Fortuna Anwar, research professor at the Indonesian Institute of Sciences (LIPI) and associate director of the Habibie Center, sees opportunities for improved ties ahead. Question: What impacts will the coming U.S.

RI beats Japan in World Junior

RI beats Japan in World Junior JAKARTA (JP): Indonesian junior shuttlers beat the Japanese 3- 0 in the quarterfinal match of the World Junior Championships for the Bimantara Cups in Guangzhou, China Sunday. Ardi Ardiansyah beat Yoshinaga Enomoto 3-2 with the score of 7-1, 7-1, 3-7, 0-7, 7-1 in the boys' singles as reported by the worldbadminton.net homepage. In the girls' singles, Dewi Tira defeated Yusuke Shinkai also with 3-2 of 4-7, 7-1, 3-7, 7-2, 8-6.

Amien concerned over people's immaturity

Amien concerned over people's immaturity YOGYAKARTA (JP): People's Consultative Assembly (MPR) Speaker and Chairman of National Mandate Party (PAN) Amien Rais said on Saturday the demand for his resignation from people in Pasuruan and the restriction for him to visit East Java reflected the fact that democracy had a long way to go in the country.

Foundations can improve soldiers' welfare

Foundations can improve soldiers' welfare JAKARTA (JP): Army chief of Staff Gen. Endriartono Sutarto admitted that professionalism among soldiers was at its lowest ebb and stressed that efforts to boost moral and welfare, including the presence of business oriented foundations, should be supported.

Gus Dur opens Islamic seminar

Gus Dur opens Islamic seminar SEMARANG: President Abdurrahman Wahid is slated to open the International Seminar and Camp on Religion for all-Indonesia Islamic Institutes and Universities here on Monday. "The seminar is aimed at positioning Islam and the humanism issue in its real context," rector of the Walisongo State Institute of Islamic Studies Qodri A. Azizy said on Saturday.

Xie has growing ambitions in team

Xie has growing ambitions in team JAKARTA (JP): She may well be the prettiest and friendliest of all Chinese players, always flashing a smile on her beautiful face. Forget the typical stiff and cold Chinese shuttlers and get ready for a more open and warmer one. Xie Xingfang is easily recognizable with her towering posture of 1.78 meters and her rounder eyes, not to mention her outgoing personality exuding lots of smiles and laughter.

Plan to import buses from China delayed

Plan to import buses from China delayed JAKARTA (JP): The city administration's plan to import cheap buses from China will likely be delayed until the Ministry of Industry and Trade agrees to lower the import duty, an official has said. The City Land Transportation Agency chief, Buyung Atang, told The Jakarta Post on Saturday that until now, the ministry had yet to agree to lower the import duty from 40 percent to 10 percent (of the price of the bus).

Tommy's vanishing act

Tommy's vanishing act From the beginning, as far as the public is concerned, it had never been very likely that Hutomo "Tommy" Mandala Putra, former president Soeharto's youngest son, would ever spend time in prison, never mind his legal transgressions. Police declared Tommy a fugitive as of midnight Saturday, after police had been banging on and waiting at his front gate on Friday for more than six hours. In vain. Tommy, the apple of Soeharto's eye, appeared to have vanished. Impossible?

Bina Nusantara responds

Bina Nusantara responds We welcome Mr. Tolani's input about our MMSI (Magister Manajemen Sistem Informasi) program. He is one of our 17th batch of students enrolled in the "Pre MM" term, which is a matriculation to prepare students for the actual Masters program. His admission was conditional because his undergraduate degree in Aviation Technology, was not in the mainstream of the program. Moreover, his undergraduate certificate was not accredited by the Indonesian Government.

Govt considers buying buses, ships and railways from China

Govt considers buying buses, ships and railways from China By Johannes Simbolon SHANGHAI, China (JP): The Indonesian government is considering buying buses, passenger and cargo ships and railways from China to improve the country's transportation system, Minister of Transportation and Telecommunication Agum Gumelar said on Sunday.

JSX bombing suspect converted Rp 350 million to U.S. dollars

JSX bombing suspect converted Rp 350 million to U.S. dollars JAKARTA (JP): Prior to executing the bombing at the Jakarta Stock Exchange (JSX) building parking lot on Sept. 13, one of the two alleged masterminds withdrew Rp 350 million (US$39,000) cash from a Bank Negara Indonesia (BNI) branch in Cilangkap, South Jakarta and converted them to U.S. dollars at a nearby Bank Central Asia (BCA).

Gas blowout hits Anggur well

Gas blowout hits Anggur well SYDNEY (Dow Jones): Santos Ltd. said on Friday that the Anggur One exploration well in the Madura Straits of Indonesia has been evacuated following a gas blowout and fire. The company, whose Santos (Sampang) Pty. Ltd. is operator and has a 45 percent stake, said all personnel have been evacuated and there were no injuries. "The fire is currently subsiding, and Santos (Sampang) Pty. Ltd. is taking all necessary action to control the well," it said.

TA boosts Bangkok flights

TA boosts Bangkok flights BANGKOK (DPA): Turkish Airlines has made Bangkok its Far East hub with six weekly flights serving the Thai capital, a news report said Saturday. The airline boosted its Istanbul-Bangkok flights from four to six per week as of Sunday, using 271-seat A340-311 jetliners, the Bangkok Post newspaper said.

Master program at Bina Nusantara Univ.

Master program at Bina Nusantara Univ. I would like to share my experience at Bina Nusantara University for the MMSI Dua (Master's Degree Program) in cooperation with Curtin University of Australia during my current semester in Batch 16. Payment for textbooks were collected well in advance by the University. After persistent request, photocopies of these copyrighted textbooks were distributed to us two weeks into the semester when several assignments had already been given in classes.

Talk against Gelbard should reduce

Talk against Gelbard should reduce JAKARTA (JP): Senior observers urged a toning down of rhetoric against Ambassador Robert Gelbard despite his shortcomings as the coming United States presidential election may signal the end of the American envoy anyway.

Religions being trivialized

Religions being trivialized JAKARTA (JP): President Abdurrahman Wahid expressed his deep concern over the current conflict between religions, which he said represented a setback of religious life of people in the country. Abdurrahman said religions in the country was undergoing trivialization, a process in which religion is reduced into superficial elements and slogans, especially among the Muslim people.

No presidential decree, no Tommy, lawyer says

No presidential decree, no Tommy, lawyer says JAKARTA (JP): Former president Soeharto's son Hutomo "Tommy" Mandala Putra will not present himself to authorities until he receives a presidential decree rejecting his plea for a pardon, one of Tommy's lawyers said on Sunday.

Two escaped jailbirds arrested

Two escaped jailbirds arrested JAKARTA (JP): Police managed to capture two of four prisoners, who sneaked away from their cell at the Ciracas police station in East Jakarta early Sunday morning, within an hour after their attempted escape, an officer said. Chief of East Jakarta Police Sr. Supt. Hidayat Fabanyo said the prisoners, identified as Cipto Santoso and Oris Tario, were captured not far from the police station.

The heart of the matter in 'Fast Food, Fast Women'

The heart of the matter in 'Fast Food, Fast Women' By Bruce Emond JAKARTA (JP): Bella, the protagonist of Fast Food, Fast Women, is a mind-boggling mass of contradictions, achingly needy in her disjointed relationships with men even as she serves up helpings of moral sustenance in her job as a waitress at a New York City diner.

Trains delayed by flooding

Trains delayed by flooding BANDUNG: The trains passing the northern route of Java were delayed for at least four hours due to continuing torrential rain and floods in Central Java, PT Kereta Api Indonesia (KAI) spokesman Gatot Wibowo said here on Sunday. "Since Friday afternoon the railway tracks at Semarang Kota (in Central Java) have been inundated due to torrential rain, at a height of some 30 centimeters above the ground," Gatot said.

Typhoon Bebinca death toll rises

Typhoon Bebinca death toll rises MANILA (AFP): The Typhoon Bebinca death toll in the Philippines has reached 40 people, disaster officials said on Sunday, as reports trickled in from areas where communications have been reestablished. The National Disaster Coordinating Council (NDCC) said search and rescue operations were continuing for at least 13 missing people.

Three killed in jailbreak attempt

Three killed in jailbreak attempt JAKARTA (JP): Tension has plagued the outlying Irian Jaya town of Merauke after police shot dead three members of the proindependence civilian guards while they were escaping police detention on Saturday. Chief of Irian Jaya Police's operational and control affairs Sr. Supt. Kusnadi told The Jakarta Post by phone from the provincial capital of Jayapura on Sunday 18 other proindependence activists suffered gunshot wounds in the jailbreak.

Wahana, RYacoby win in Aspirin Cup

Wahana, RYacoby win in Aspirin Cup JAKARTA (JP): Bogor-based Wahana team won 7-3 against Pamulang II in Group B the second day of the Aspirin Cup kids soccer tournament at Senayan Sunday. In another group's round-robin, Depok Jaya had to bow out to Ciledug. While Ricky Yacoby (RYacoby) soccer school defeated Kemang P 8-2 in Group D. Competing in the same group, Tunas Patriot managed to eliminate Camp 82 3-1.

Estrada denies U.S. pressure to step down

Estrada denies U.S. pressure to step down MANILA (Reuters): Embattled Philippine President Joseph Estrada, facing threats of impeachment over a gambling payoffs scandal, denied on Sunday that there had been pressure from the United States for him to resign. "The United States does not interfere in our affairs. All they want to happen is for our constitution to be followed," Estrada, who had talks recently with senior U.S. embassy officials, said in a radio interview.

Tips for buying a new minicompo

Tips for buying a new minicompo Nowadays, the minicompo has given a new face to home entertainment. The models launched in Indonesia come with a variety of features. Each manufacturer has its own special built- in features. Polytron, for example, come with a Phone Recorder which can record phone conversations. Philips come with a boombox, Panasonic with 3D sound system and power blaster, Pioneer with sound morphing and Sony with its 5.1 Dolby pro Logic stereo, which can also play DVDs.