Indonesian Political, Business & Finance News

Archive: 19 December 2000

57 articles found

TV today

TV today TVRI 3:30 a.m. Ramadhan Special: Uraian Syiar Sahur 4:30 Ramadhan Special: Pengajian Al-Quran 5:00 Ramadhan Special: Uraian Hikmah Pagi 5:30 Ramadhan Special: Pelajaran Iqro 6:00 News 8:00 Children's Music 8:30 Music 9:00 Interval 2:00 p.m. News 2:30 Children's Program 3:00 Music 4:00 News 4:30 Documentary 5:00 Ramadhan Special: Mutiara Ramadhan 6:00 TVRI News 6:30 Economic News 7:00 Evening News 7:30 TV Drama 8:00 Talk Show 9:00 News 9:30 TV Drama 10:30 News Program 2 5:00 p.m.

Nadzmi Salleh heads BAM

Nadzmi Salleh heads BAM JAKARTA (JP): Datuk Nadzmi Salleh was appointed on Saturday to chair the Badminton Association of Malaysia (BAM) which has been left vacant since former president Abdullah Fadzil Che Wan resigned in July following the failure to win the Thomas Cup in Kuala Lumpur in May. Nadzmi expressed the hope that local coaches would learn valuable lessons from their foreign counterparts in order to be able to hold their own in the near future.

House committee to question VP over financial scandals

House committee to question VP over financial scandals JAKARTA (JP): The House of Representatives' special committee investigating the Bulog and Brunei scandals, which allegedly involves President Abdurrahman Wahid, intends to question Vice President Megawati Soekarnoputri to seek clarification, committee chairman Bachtiar Chamsyah said on Monday. "There is an intention among members of the committee to summon Megawati.

Undecided Bangkok voters lean to Thaksin

Undecided Bangkok voters lean to Thaksin BANGKOK (Reuters): Nearly half of Bangkok voters have not yet decided who they will vote for in Thailand's January 6 general election, but most undecided voters are leaning toward telecoms tycoon Thaksin Shinawatra, a poll showed on Monday. The poll, by the Institute of Political Development and Institute of Social and Economic Policy (ISEP) on Dec.

Any coach but Paulus: Deyana, Lita

Any coach but Paulus: Deyana, Lita JAKARTA (JP): Indonesia's women's doubles Deyana Lomban and Carmelita expressed hope that Paulus would not be made their coach by the Badminton Association of Indonesia (PBSI) on Feb. 1 after the body temporarily closed the Indonesian Badminton Center due to the coming holidays and preparation for the National Interclub Championships. "Any coach will be fine except Paulus and Imelda Wigoena," said Deyana in a telephone interview on Monday.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 18, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 2,400 125 1,121,500 Adindo Foresta Indonesia 105 -5 105,000 Alakasa Industrindo 425 0 0 Alfa Retailindo 1,025 0 619,000 Alter Abadi 125 0 40,000 Alumindo Light Metal 850 -25 15,000 Andhi Chandra 1,200 0 1,524,000 Aneka Kimia Raya 250 0 0 Aneka Tambang (Persero) 900 -25 107,000 Anwar Sierad 300 0 0...

Millions begin joining annual exodus

Millions begin joining annual exodus JAKARTA (JP): The ritual exodus of people heading to their hometowns for next week's Idul Fitri holiday kicked off on Monday. A number of roads connecting Jakarta to destinations in Java were flooded with private vehicles and public buses, while major intercity bus terminals and railway stations began to wilt under the heat of crowds of travelers loaded down with bags of all sizes and descriptions.

C. Java players join Asian C'ships squad

C. Java players join Asian C'ships squad SEMARANG (JP): Five soccer players from Central Java have been invited by the Ministry of National Education to join the national team in the Asian Soccer Students Championships in Sri Lanka in January. The five players are Dwi Adi Yuwono, Eko Prasetyo, Suswanto, Suparno and Haryanto.

Eurico trial set for Jan. 2

Eurico trial set for Jan. 2 JAKARTA (JP): East Timor militia leader Eurico Guterres will open the new year unlike any other as he faces court proceedings against him on Jan. 2. He is charged with involvement in the seizure of weapons from an Atambua police station in East Nusa Tenggara in September. Attorney General's Office spokesman, Muljohardjo, said on Monday that the North Jakarta District Court, the venue for the hearings, had established a panel of judges for the trial.

Over 1,000 Kamra members threaten to run amok

Over 1,000 Kamra members threaten to run amok JAKARTA (JP): More than 1,000 civilian guards of the People's Security (Kamra) from Jakarta and Central Java threatened on Monday to run amok if the government does not give assurances about their future in the next three days. "If the government doesn't come up with a decision on Dec. 20, act as if you are hungry lions!" representative of the Central Java group, P.D.

Government asks BI not to push interest rate too high

Government asks BI not to push interest rate too high JAKARTA (JP): The government asked Bank Indonesia (BI) on Monday not to allow domestic interest rates to soar too high because it would be counter productive to the country's economic recovery and endanger positive development in the banking sector.

Where to go in Bandung:

Where to go in Bandung: Exhibitions * Fine Arts by Bandung Young Artists, at Griya Seni Popo Iskandar, Jl. Dr. Setiabudhi 268 (Phone: 022 2013662), until Jan. 27. * Fine Arts at the gallery of Taman Budaya (West Java Cultural Center), Jl. Bukit Dago Selatan no. 53 A (Phone: 022 2504912), 10 a.m. to 5 p.m., until Dec. 23. Film * French Film at CCF - French Cultural Center, Jl. Purnawarman 32 (Phone:

Kutai national park puts high hopes on youngsters

Kutai national park puts high hopes on youngsters By Mikael Onny Setiawan BALIKPAPAN, East Kalimantan (JP): A group of youngsters from Sangatta junior high school walked along the slippery, muddy road heading to Kaba Bay in Kutai National Park. "Look, there are some maize plants on your right," 12-year-old Rudi shouted to the rest of the group. "I see some banana trees over there," responded a girl wearing a raincoat. "But where are the deer?" asked 13-year-old Nita.

National Examination fees to be waived, Yahya says

National Examination fees to be waived, Yahya says JAKARTA (JP): The Ministry of National Education ended the year by introducing a plan to waive National Examination fees for elementary and junior high school students and to provide a Rp 75,000 monthly incentive for some 450,000 selected teachers in the private sector.

Rupiah Rates Dec. 18

Rupiah Rates Dec. 18 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

Islamic party mulls marriage rewards

Islamic party mulls marriage rewards KUALA LUMPUR (AP): An Islamic party which controls a northeastern Malaysian state is considering paying incentives to men who marry single mothers and widows, news reports said on Monday. At least two single mothers in Terengganu state have asked the Pan-Malaysian Islamic Party, or PAS, to help arrange nuptials for them, said Awang Jusoh, the state official in charge of women's affairs.

Ferryman provides lesson for development

Ferryman provides lesson for development By A'an Suryana BOGOR (JP): Development -- throughout the world -- always claims victims. And the victims, in so many cases, are usually the poor. Saefuddin, 21, is probably the most obvious victim in the construction of a bridge crossing the Cisadane River which connects Gunung Sindur and Sukamulya subdistricts in Bogor.

Estrada judge defers opening of bank records

Estrada judge defers opening of bank records MANILA (Reuters): A friend of Philippine President Joseph Estrada told a court on Monday it was he and not Estrada who owned a bank account alleged to have been used to buy a mansion for one of the president's mistresses. Jaime Dichaves, in a letter signed by his lawyers on his behalf, opposed moves by the Senate impeachment court trying Estrada on corruption charges to open the records of the disputed bank account.

S'pore exports disappointing

S'pore exports disappointing SINGAPORE (Reuters): Singapore's non-oil domestic exports showed the first signs of exhaustion in November, rising a mere 8.1 percent against the same month a year ago, below analysts' expectations for double-digit year-end gains. NODX rose to S$10.12 billion ($5.82 billion) in November. This compared with S$10.7 billion, or 16.3 percent in October and 11.7 percent growth in September, the Trade Development Board (TDB) said.

Demak: A Javanese town of Islamic saints

Demak: A Javanese town of Islamic saints By Wahyuni Kamah DEMAK, Central Java (JP): Traveling by public bus to Demak from Semarang, the capital of Central Java, you will pass along the only highway along the coast of north Java -- popularly known as Jalur Pantai Utara Jawa, or Pantura. For the 22 kilometers from Semarang to Demak, the highway is busy with trucks carrying cargo, intercity buses and cars.

Toyota clarifies on alliance with Ford

Toyota clarifies on alliance with Ford NAGOYA, Japan (Reuters): Japan's largest automaker Toyota Motor Corp said on Monday it had no plans for an equity tie-up with Ford Motor Co but did not rule out some kind of technical alliance. The statement followed an announcement last Thursday by Ford, the world's second-largest automaker, that it had held high-level talks with Toyota about forming a partnership or alliance to cut costs.

Activists want changes to city budget draft

Activists want changes to city budget draft JAKARTA (JP): Some 50 people, most of them members of the Urban Poor Consortium, staged a protest in front of the City Council building on Monday to demand changes to the draft city budget. The protesters came to the building in Central Jakarta to question the proposed Rp 7.49 trillion (US$788.40 million) 2000- 2001 budget.

ASEAN membership 'vital to E. Timor future'

ASEAN membership 'vital to E. Timor future' SINGAPORE (AFP): Association of Southeast Asian Nations (ASEAN) membership is vital for the future security of East Timor, Nobel peace laureate Jose Ramos Horta said here on Monday. Horta, foreign minister in the East Timor transitional cabinet, said he had already gained the support of most ASEAN nations, including Singapore.

Surabaya unsafe, say legislators

Surabaya unsafe, say legislators SURABAYA: The Military/Police faction at the East Java provincial legislative council said that Surabaya, as the country's second largest city had become unsafe and unorganized. During the factions' overview of the proposed 2001 budget, spokesman for the faction Lt. Col. Lalu Sadely said the city administration was unclear in its objectives. Lalu said the city, with 3.2 million people, was now the center of unemployment.

AIDS in West Java

AIDS in West Java Being interested Minister Khofifah's warning about the lack of attention by Indonesian males to take care of their reproductive health, making them prone to HIV and AIDS infection (The Jakarta Post, Dec. 2, 2000) and reading news by Pikiran Rakyat, about the rapid spread of AIDS in West Java (Dec. 2, 2000). I wish to remind everyone to take proper precautions in their sexual relations, especially those in the province of where I live.

Mad cow disease not a threat: Officials

Mad cow disease not a threat: Officials JAKARTA (JP): Officials on Monday played down the possibility of mad cow disease entering the country, saying that all beef from Ireland has passed quarantine tests and are all shipped as frozen meat. Besides, they said, out of Jakarta's daily consumption of 133 tons of imported beef, only seven tons, or about 5 percent, is shipped from Ireland.

Foreign investments in Yogyakarta plunge

Foreign investments in Yogyakarta plunge YOGYAKARTA (JP): Foreign investment projects approved by the provincial administration of Yogyakarta during the period between April to Dec, this year fell to Rp 45 billion from a high of Rp 150 billion during the April to March period. But the local investment office (BKPMD) said that with regard to the projects, the foreign investments reached 25, exceeding the provincial administration's target.

Civil servant salary hike awaits presidential nod

Civil servant salary hike awaits presidential nod JAKARTA (JP): An official said on Monday the basic salaries of civil servants could soon be increased by between 100 percent and 700 percent. The head of the National Employee Affairs Agency (BKN), Prijono Tjiptoherdanto, said if President Abdurrahman Wahid signed the presidential decree on the matter soon, the new salaries could be implemented by Jan. 1. "We are now awaiting the decree, which will be announced by the minister of finance.

Bayu Undan investment swells

Bayu Undan investment swells MELBOURNE (Dow Jones): Petroz NL, an Australian oil and gas concern, said Monday that the forecast capital cost of the Bayu Undan natural gas project has risen to US$1.57 billion from $1.5 billion. Petroz said its share of the cost has increased to $129.4 million from $123.3 million. Chief reasons for the cost boost include increased drilling rig rates, a reevaluation of design engineering needs, and anticipated platform design changes, Petroz said in a statement.

GAM gets invitation to meet Gus Dur

GAM gets invitation to meet Gus Dur BANDA ACEH, Aceh (JP): The government remains ready to pencil in the Free Aceh Movement (GAM) in a dialog with President Abdurrahman Wahid during his brief visit here today despite the fact that there has been no reply from the separatist group.

Consider taxi drivers

Consider taxi drivers From Media Indonesia To the respectable members of the City Council in charge of public transportation. Lately, as a taxi driver, I have had difficulty trying to earn a living from this job. The gross earnings are not enough for the rental fee, let alone for my own pocket. Please do not take sides with taxi companies only. Please consider the fate of taxi drivers. They have to leave home at 5 a.m. and do not return home until half an hour after midnight the next day.

Mamiek on probation over loss of gun

Mamiek on probation over loss of gun JAKARTA (JP): The daughter of former president Soeharto, Siti Hutami Endang Adiningsih, was handed a 30-day probation period for failing to report the loss of her gun. "If, for the next thirty days from today, the defendant commits any crime, she'll get 10 days in jail," judge Asep Iwan Irawan told the Central Jakarta District Court on Monday.

Bach's celebrated choral works to be performed in Jakarta

Bach's celebrated choral works to be performed in Jakarta By Y. Bintang Prakarsa JAKARTA (JP): Closing the year of Bach's anniversary, the Jakarta Oratorio Society (Stephen Tong, conductor) and Eliatha Choir (Billy Kristanto, conductor), accompanied by the augmented Capella Amadeus string orchestra (Grace Sudargo, director), will join the celebration on Dec. 19 at Graha Gepembri in Kelapa Gading Permai, North Jakarta.

Language training for workers

Language training for workers BANDUNG: Head of the provincial office of the Ministry of Health Adnan Mahmoed said here on Monday that his office would provide a three-month language training program to equip local medical workers with necessary skills as required by foreign countries. Adnan said the province could only send to Kuwait some 100 medical workers this year, or only 10 percent of the country's actual demand, mainly due to the local workers' poor language skills.

Ramadhan time for Jakarta

Ramadhan time for Jakarta Tuesday Maghrib 6:07 p.m. Wednesday Imsak 4:03 a.m. Subuh 4:13 a.m.

Court annulls bankruptcy case against Tirtamas

Court annulls bankruptcy case against Tirtamas JAKARTA (JP): The Central Jakarta Commercial Court annulled on Monday a bankruptcy case by the Indonesian Bank Restructuring Agency (IBRA) against giant trading company PT Tirtamas Comexindo, on doubts of the petition's legality. Judge Mahdi Soroinda Nasution said the court declared IBRA's case as legally void, because documents that showed IBRA as Tirtamas' creditor contained legal flaws.

Discriminative attitude

Discriminative attitude The Jakarta Post of Dec. 15, stated President Abdurrahman Wahid's or Gus Dur's refused to meet with Sjahril Sabirin until his legal case has been resolved. I couldn't help wondering, and I believe many others also wonder, about Gus Dur meet with Tommy Soeharto twice before the latter fled. The meetings did not take place at Merdeka Palace. On both occasions, it was Gus Dur's own free will (though initiated by Tommy) to meet with the defendant at two different hotels.

670 deported for violating immigration rules

670 deported for violating immigration rules JAKARTA (JP): A total of 670 foreigners have been deported from Indonesia for violating immigration regulations up until November this year, an official said on Monday. Spokesman for the Directorate-general of Immigration Mursanuddin A. Ghani said that those who had been deported mostly came from Middle East countries such as Iraq, Iran and Afghanistan.

Drug test for drivers, passengers

Drug test for drivers, passengers BANDUNG: An official with insurance firm PT Jasa Rahardja said here on Monday that the company would deploy a mobile team along the northern Java coastal roads and at several West Java bus terminals to conduct drug and alcohol tests on drivers from Dec. 18 until Jan. 8, 2000.

Mastel urges government to form regulatory committee

Mastel urges government to form regulatory committee JAKARTA (JP): The Indonesian Information and Telecommunications Society (Mastel) urged the government on Monday to immediately establish an independent regulatory committee for the telecommunications sector in light of more open competition in the near future.

Mandar ready to form new province

Mandar ready to form new province MAKASSAR, South Sulawesi: Mandar people, grouped under the West Sulawesi Action Committee (KAPSB) renewed their readiness on Monday to separate from the South Sulawesi province and establish a West Sulawesi province to enable them to manage their own resources. These views were aired by KAPSB chairman Rahmat Hassan during a hearing with the chairman of South Sulawesi Provincial legislative council's commission A, Andi Burhanuddin.

Authorities act against scalpers

Authorities act against scalpers JAKARTA (JP): City security authorities have netted 29 men who later admitted to having queued at ticket booths in Gambir Railway Station in Central Jakarta at the behest of a ticket scalper. However, the 29 men, who were later released after they promised not to repeat the offense, failed to identify the scalper.

Appeal to travelers

Appeal to travelers As the Christmas and Idul Fitri holidays will soon be upon us we felt it important to warn all passengers heading to Soekarno- Hatta International Airport to give themselves ample time this year.

U.S. soft landing to slow Asian growth in 2001: Poll

U.S. soft landing to slow Asian growth in 2001: Poll SINGAPORE (Reuters): A recently rejuvenated Asia will see growth slacken again next year, hit by a soft landing of the United States economy, domestic political squabbles and a private sector hobbled by debt. Economists polled by Reuters around the region were unanimous that 13 Asian economies surveyed, excluding Japan, will show slower growth next year after a robust, export-driven expansion in 2000.

Susanto ties with Zander in U-16 meet

Susanto ties with Zander in U-16 meet JAKARTA (JP): Indonesian chess player Susanto Megaranto drew 1.5-1.5 with non-seeded Severino Zander of the Philippines in the 45th move of the Scandinavian opening during the sixth game of the Asian Continental Boys Under-16 championships at the NPC training center in Bataan, the Philippines, some 160kms from Manila. Susanto, who held the white pieces, was able to surround all of Zander's pieces in lane seven and only allowed his rook to move.

Israel's democracy, foreign policy

Israel's democracy, foreign policy By Riza Sihbudi JAKARTA (JP): Israel's Prime Minister Ehud Barak resigned on Dec. 10. Ariel Sharon, the Likud Party's hardliner, once labeled Barak, of the Labor Party, as the weakest leader in Israel's history. Sharon said Barak was "easily manipulated" by Palestine leader Yasser Arfat, referring to Barak's idea to divide the western area to become Israel's capital.

Political leaders told to get back on track

Political leaders told to get back on track SEMARANG (JP): Chairman of the Indonesian Rectors Forum Eko Budihardjo warned political leaders on Monday to get back on track by implementing the people's mandate on reform. Speaking at a one-day seminar on national reform at the Diponegoro University campus, Eko said the political elite, ignoring people's trust, had made conflicting and controversial statements, which resulted in their confusion and frustration.

Sri Lankan Airlines resumes RI flights

Sri Lankan Airlines resumes RI flights JAKARTA (JP): Sri Lankan Airlines resumed flights to Jakarta on Monday after being suspended for about seven years, Sri Lankan manager for Indonesia Lakshman Weerasooriya said. Weerasooriya said that the Sri Lankan flag carrier, previously known as Air Lanka, opened service to Jakarta in 1992 but had to stop a year later because of a shortage of aircraft.

Detective killed at street kiosk

Detective killed at street kiosk TANGERANG (JP): First Sgt. Parbukitan Sianipar from the Jakarta Police auto crime investigation unit was shot dead by two unidentified men on a motorcycle in the early hours of Monday. While his fellow officers were still tracing the two men and looking for clues at the scene of the crime, a small cigarette kiosk on Jl. Raya Serpong, witnesses said the original target of the shooting was not the 31-year-old officer.

Rising stocks drag KL palm oil prices lower

Rising stocks drag KL palm oil prices lower KUALA LUMPUR (Reuters): Malaysian palm oil futures closed lower on Monday, extending last week's losses on liquidation amid worries over large domestic stocks. Traders predicted further falls as players were expected to unwind positions ahead of the end-year holiday. The Commodity and Monetary Exchange of Malaysia (Commex) will be closed from December 25 to January 1 for Christmas, the Muslim Eid al-Fitr and New Year holidays.

New investors enter Indoexchange

New investors enter Indoexchange JAKARTA (JP): Indonesian business and finance portal Indoexchange.com announced on Monday it completed a US$2.9 million private placement from TFG Venture Capital AG & Co KGaA and PT Giat Utama Sukses. TFG Venture Capital is a Germany-based publicly listed venture capital group and Giat Utama Sukses primarily invests in information and technology companies, the company said in a statement.

Dharmala executive 'key suspect' in Manulife case

Dharmala executive 'key suspect' in Manulife case JAKARTA (JP): The Capital Supervisory Agency (Bapepam) has identified former president of PT Dharmala Sakti Sejahtera, Suyanto Gondokusumo as its key suspect in a scam involving the sale of the company's shares in insurance company PT Asuransi Jiwa Manulife Indonesia (AJMI).

Islamic victory goes sour from KL's vengeful prime

Islamic victory goes sour from KL's vengeful prime By Jasbant Singh KUALA TERENGGANU, Malaysia (AP): The owner of the Scissors Comb hairdressing salon expects to be out of business soon. Women and men may not cut each other's hair, the local Muslim authorities have decreed. "All my workers are females and 80 percent of customers are men. I might as well close shop," said Lim Eng Keong.

Funds sought for fighting effects of global warming

Funds sought for fighting effects of global warming JAKARTA (JP): While observing serious threats of global warming here, experts on Monday called for the importance of foreign assistance in financing rehabilitation projects on the adverse effects of global climatic changes.

Jakarta increasingly chaotic

Jakarta increasingly chaotic From Tajuk I will have to leave Jakarta for good. Perhaps many will follow me. Why? A very simple answer: Jakarta is growing more and more disorganized, particularly in terms of traffic and an increasing number of traffic jams. Please consider the results from my observations of the condition of this capital city: * Annual floods do not seem to have been properly treated by both the local government and the people.

KL to sell off steel firm

KL to sell off steel firm KUALA LUMPUR (AFP): The Malaysian government said Monday it is considering selling Perwaja Steel, which has recorded losses totaling billions of dollars. Deputy Finance Minister Shafie Mohamed Salleh said the government would consider offers for its wholly-owned steel maker from any financially able company that also has the necessary expertise.

Pelita airplane shot at in Lhokseumawe

Pelita airplane shot at in Lhokseumawe BANDA ACEH, Aceh (JP): A Pelita Air Service plane carrying 17 passengers was shot at by unidentified gunmen on Monday as it prepared to land at Malikus Saleh Airport, some 45 kilometers west of Lhokseumawe. The pilot aborted the landing and flew instead to Polonia Airport in Medan, North Sumatra, for safety. Many speculated that the shooting was linked to President Abdurrahman Wahid's visit to Aceh on Tuesday, despite warnings from various parties.