Indonesian Political, Business & Finance News

Archive: 3 February 2000

71 articles found

Reforestation urged to stop anthrax spread

Reforestation urged to stop anthrax spread JAKARTA (JP): The Purwakarta local government should ban the 70-hectares anthrax-plagued ostrich husbandry in Ciparung Sari village now isolated from any use for 10 years, and transfer it into a forest area instead.

President urged to reopen 1998 kidnap cases

President urged to reopen 1998 kidnap cases JAKARTA (JP): Political activist Andi Arief demanded on Wednesday the reopening of a number of 1998 abduction cases on student activists, in which military representatives had admitted their involvement."At least 12 activists were kidnapped.

PDI-P determines sole candidate

PDI-P determines sole candidate MEDAN, North Sumatra: After months of internal dispute in the provincial council here, the Indonesian Democratic Party of Struggle (PDI Perjuangan) finally decided on Wednesday to submit Achmad Azhari as its sole candidate as council speaker.

Foreign investors

Foreign investors The address delivered by John Arnold, chairman of the British Chamber of Commerce in Indonesia, on Jan. 18 at Hotel Sahid Jaya in Jakarta was published in The Jakarta Post on Jan. 28 and Jan. 29: Attracting new investment in Indonesia.

Two killed in clash in Aceh

Two killed in clash in Aceh BANDA ACEH, Aceh: Two people were killed in Aceh during the latest clash between separatist rebels and security forces.Sgt. Hastam Budi and an unnamed civilian were killed as security forces and rebels exchanged fire in the Matangkuli area of North Aceh district on...

Robber suspect shot dead

Robber suspect shot dead TANGERANG (JP): Local police shot dead an alleged long-time criminal identified as Dadi, 35, in the wee hours on Tuesday, said Capt. A. Rahmad Wibowo, Tangerang Police detective chief.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 2, 2000: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 850 0 0 Adindo Foresta Indonesia 925 425 55,099,000 Alakasa Industrindo 475 0 0 Alfa Retailindo...

Where to go in Bali for Thursday, Feb. 3, 2000

Where to go in Bali for Thursday, Feb. 3, 2000Festival * Contemporary Theater Festival: Workshops, performances, at Sai Sai Bar, Jalan Monkey Forest, Ubud, in March. For further information contact the organizer Mai at 0361 975869 or e-mail g.gepeng@mailcity.com .

Man falls into hot tin liquid

Man falls into hot tin liquid JAKARTA (JP): A man was severely injured on Wednesday after falling into a container filled with hot liquefied tin.The incident happened at 9 a.m. when 20-year-old Partahian, who had just begun his first day of work with equipment maintenance firm PT Bumi Kaya, was...

Door-to-door operation

Door-to-door operation TANGERANG (JP): Lots of middle-class and luxurious houses have not paid their land-and-building tax, forcing the Tangerang administration to set a door-to-door operation to collect the levies.

Sweep nets illegals, beggars and prostitutes

Sweep nets illegals, beggars and prostitutes JAKARTA (JP): In a bid to improve law and order in the city, the Central Jakarta mayoralty conducted a sweep of illegal immigrants, street hawkers, beggars and prostitutes early Wednesday morning.

Shops gear up for Imlek

Shops gear up for Imlek TANGERANG (JP): Shops and business centers gear up for Chinese New Year celebrations next Saturday, displaying ornaments, cookies, cards and clothes symbolizing the Sin Cia fiesta.Ethnic Chinese shoppers were seen along Jl.

Japan to cut LNG imports from RI

Japan to cut LNG imports from RI TOKYO (Dow Jones): Tohoku Electric Power Co. and Tokyo Electric Power Co. (Tepco) will cut imports of Indonesian liquefied natural gas (LNG) by 2.5 million metric tons to about a combined one million tons a year, after the current contract expires in December 2004,...

NGOs establish body in campaign to fight drug abuse

NGOs establish body in campaign to fight drug abuse JAKARTA (JP): Some 200 Jakarta-based non-governmental organizations (NGOs) joined hands in a massive campaign against drugs by establishing a consortium on Wednesday to consolidate all their forces and resources into creating a drug-free capital,...

C. Java judokas want golds in PON

C. Java judokas want golds in PON SEMARANG (JP): Central Java judo coach Amin Pambudi is optimistic his judokas will win two golds in the 15th National Games (PON) in Surabaya, East Java, in June, despite their poor physical test results.

RI shuttlers told not to let poor record discourage them

RI shuttlers told not to let poor record discourage them JAKARTA (JP): Indonesian shuttlers must not let faltering performance discourage them, especially with the poor performance of women players recently, according to motivator Andrie Wongso.

Daiwa Bank to slash RI stake

Daiwa Bank to slash RI stake TOKYO (AFP): Japan's Daiwa Bank Ltd. said Wednesday it would reduce its stake in an Indonesian bank under its control to below 50 percent as it prepares to withdraw from overseas operations.

Telkom branches get awards

Telkom branches get awards BANTUL, Yogyakarta (JP): PT Telkom, the state-owned domestic telecommunications provider, presented World Class Operator (WCO) internal accreditation awards on Wednesday to 86 branch offices in the country's major provinces.

Conservation part of the game in Bali

Conservation part of the game in Bali DENPASAR, Bali (JP): In response to Bali's rapid environmental degradation resulting from development projects, the Balinese are learning ecological conservation through game-playing.

Donors pledge $4.7 billion in loans

Donors pledge $4.7 billion in loans JAKARTA (JP): The country's major donors in the Consultative Group on Indonesia (CGI) demonstrated their full support for President Abdurrahman Wahid's administration on Wednesday by pledging some US$4.

More armed police needed for bank security: Rusdihardjo

More armed police needed for bank security: Rusdihardjo JAKARTA (JP): National Police chief Lt. Gen. Rusdihardjo said on Wednesday that more armed police officers would be deployed to secure bank withdrawals, following the attempted robbery on Monday in which a North Jakarta Police officer was shot.

Two die, 100 hurt in Bangladesh

Two die, 100 hurt in Bangladesh DHAKA (AFP): At least two people were killed and 100 injured in a series of bombings and brawls ahead of a 36-hour anti- government strike which gripped Bangladesh on Wednesday, police and reports said.

Swept away by Bali's underwater adventures

Swept away by Bali's underwater adventures DENPASAR, Bali (JP): Bali is a haven for divers. The island is home to beautiful and rare marine life comparable to that in Hawaii and other excellent dive sites in the world.

UNCTAD protests allowed

UNCTAD protests allowed BANGKOK (AFP): Thai police chiefs promised on Wednesday to permit anti-globalization protests during a major United Nations trade summit here, despite earlier banning demonstrations near the venue.National Police Chief Gen.

KONI says no favoritism in Olympics training

KONI says no favoritism in Olympics training JAKARTA (JP): The National Sports Council (KONI) will not discriminate against any of the 11 sports which are being prepared for the 2000 Olympic Games in Sydney in September.

Honda chairman sees growth potential In Southeast Asia

Honda chairman sees growth potential In Southeast Asia BANGKOK (Dow Jones): Honda Motor Co.'s (HMC or 7267) chairman said Wednesday the company plans to pump more resources into Southeast Asia to meet new demand as the region's economies recover.

Conversion Rates

Conversion RatesBank Indonesia's conversion rates on Feb. 2, 2000: Bank notes rates Buying Selling Rp RpU.S. dollar 1 7,423.00 7,497.00Australian dollar 1 4,738.84 4,789.83Austrian schilling 1 523.64 529.14Belgian franc 1 178.62 180.49Brunei dollar 1 4,368.27 4,414.41Canadian dollar 1 5,119.

Two Indonesians jailed in Australia

Two Indonesians jailed in Australia PERTH, Australia (AFP): Two Indonesians have been jailed in Western Australia for smuggling 140 Middle Eastern boat people from Java to Christmas Island, in the Indian Ocean.

Destroyed crops dismay farmers

Destroyed crops dismay farmers BANJARNEGARA, Central Java: At least 7,000 hectares of potato crops in the mountainous area of Dieng were washed away after a persistent downpour and strong wind swept the area here for three days, Banjarnegara regent H. Nurachmad said on Wednesday.

Lifting of luxury tax on sports equipment sought

Lifting of luxury tax on sports equipment sought JAKARTA (JP): The National Sports Council (KONI) is discussing with the office of the state minister of youth affairs and sports on the possibility of exempting imported sports equipment from luxury tax.KONI secretary-general Rudolf S.

Abdurrahman reassures investors on stability

Abdurrahman reassures investors on stability PARIS (JP): President Abdurrahman Wahid assured French President Jacques Chirac and foreign investors here that he was fully in control of the situation in Indonesia and security and political stability would prevail.

Ali Rahman denies quitting Cabinet

Ali Rahman denies quitting Cabinet JAKARTA (JP): State Secretary Ali Rahman cautiously denied his impending demise from the Cabinet, but insinuated that his duties should remain in close proximity to the President.

President should consult with DPR

President should consult with DPR Mr. Dimyati suggested that the Commission of Inquiry into Human Right Violations (KPP HAM) in East Timor also calls on Habibie, who, he deems is responsible for the East Timor postreferendum chaos and atrocities.

Wiranto should resign

Wiranto should resign The misfortune, if one can call it that, that has befallen our former chief of the Indonesian Military and the current coordinating minister for political and security affairs, Gen.

HACCP certificate for Gizindo

HACCP certificate for Gizindo JAKARTA (JP): Child-foods producer PT Gizindo Prima Nusantara, a subsidiary of PT Indofood Sukses Makmur, has received the Hazard Analysis Critical Control Point (HACCP) certificate from SGS International.

Property sector recovery to be led by retail market

Property sector recovery to be led by retail market JAKARTA (JP): The ailing property sector in the capital is expected to gradually recover this year with the retail market leading the process, according to property consultant Procon Indah/Jones Lang LaSalle.

Don't leave Megawati home alone

Don't leave Megawati home alone The absence of Abdurrahman Wahid, for about two weeks, in search of what he claims to be international support for Indonesia's economic restructuring efforts has left Vice President Megawati Soekarnoputri alone at home in charge of the nation's business.

Forex reserves reach $17b

Forex reserves reach $17b JAKARTA (JP): The country's net foreign exchange reserves rose by US$361 million to $17.06 billion in the week ending Jan. 31, from $16.7 billion a week earlier.Bank Indonesia said in its latest weekly report on Wednesday that the increase was mostly due to disbursement of...

Asian currencies down on yen slide and Indonesian politics

Asian currencies down on yen slide and Indonesian politics SINGAPORE (Dow Jones): A surge in the U.S. dollar to a four- and-a-half month high against the yen pushed Asian currencies lower late Wednesday.The U.S. currency rose above Y109.

Govt has no plan to remove CPO export tax: Minister

Govt has no plan to remove CPO export tax: Minister JAKARTA (JP): Minister of Trade and Industry Jusuf Kalla ruled out on Wednesday a plan to remove the export tax on crude palm oil (CPO) products."We won't remove the tax.

Making sense of Beijing's conduct in S. China Sea

Making sense of Beijing's conduct in S. China SeaBy Santo Darmosumarto JAKARTA (JP): Last week, quarrels broke out again between China and the Philippines after the latter protested the presence of Chinese fishing boats around Scarborough Shoal in the Spratly Islands, just 128 miles west of Luzon.

Principal's solvency soars

Principal's solvency soars JAKARTA (JP): Principal Indonesia announced on Wednesday its solvency margin reached 821 percent at the end of 1999, based on the new required risk-based capital calculation.The company said this figure was far above the government's minimum requirement of 5 percent for...

Misuse of Indonesian passports continues

Misuse of Indonesian passports continues JAKARTA (JP): Rampant misuse of Indonesian service passports continues to be a large problem, which needs serious and coordinated attention from all state ministries.

ASEAN has enough members for now

ASEAN has enough members for now In the past five years, ASEAN has nearly doubled in size. Vietnam joined the grouping in July 1995, Burma and Laos in July 1998 and Cambodia in April 1999, bringing the number of Asean member countries to 10.

Police find it difficult to ban 'tablig akbar'

Police find it difficult to ban 'tablig akbar' YOGYAKARTA (JP): A noted sociologist said the police could not issue an official ban on Muslim gathering, locally called tablig akbar', unless the gathering is proven to be organized to generate anarchy.

Man killed in city violence

Man killed in city violence JAKARTA (JP): A man was beaten to death and another suffered from a cut wound in violence that took place in separate areas of the capital on Wednesday.An unidentified man in his thirties was beaten to death when attempting to steal a motorbike in the Kebayoran Lama...

NTB duo set for Bangkok meet

NTB duo set for Bangkok meet JAKARTA (JP): Two women beach volleyball players from West Nusa Tenggara (NTB) will represent Indonesia in the World Beach Volleyball Championship in Bangkok, Thailand, from Feb. 15 to Feb. 20.

Politicians, experts split over Wiranto

Politicians, experts split over Wiranto JAKARTA (JP): Coordinating Minister for Political Affairs and Security Gen. Wiranto, now under the spotlight over the East Timor debacle, attended a routine Cabinet meeting on Wednesday, shrugging off mounting calls for his immediate resignation.

Group foresees unrest in Irian Jaya

Group foresees unrest in Irian Jaya JAYAPURA, Irian Jaya (JP): A local rights group has warned of possible unrest as local leaders have been campaigning and heightening the expectancy of independence for Irian Jaya.

BPK set to audit eight banks over alleged misconduct

BPK set to audit eight banks over alleged misconduct JAKARTA (JP): The Supreme Audit Agency (BPK) said on Wednesday it would start auditing later this month eight commercial banks receiving Bank Indonesia's emergency liquidity credits to investigate alleged malfeasance in the usage of funds.

Water firm workers in a lather over renegotiated agreement

Water firm workers in a lather over renegotiated agreement JAKARTA (JP): About 100 employees of the city-owned tap water company PAM Jaya held a rally at the City Council on Wednesday to protest a renegotiated agreement between the city administration and two foreign firms.

Sutiyoso backs cleanup drive for Jakarta Bay

Sutiyoso backs cleanup drive for Jakarta Bay JAKARTA (JP): Noting Jakarta Bay was the city's gateway, Governor Sutiyoso said on Wednesday that cleaning up its waters would boost the capital's appeal as a service city.

Forestry woes reflect local tragedy

Forestry woes reflect local tragedyBy Wimar Witoelar JAKARTA (JP): The World Bank has endorsed more debt for the government including forestry sector programs. This relates to an important seminar held recently in Jakarta by the government and sponsored by the World Bank.

Survey calls Astra and Indosat best managed

Survey calls Astra and Indosat best managed JAKARTA (JP): Car producer PT Astra International was the best managed Indonesian company in 1999, followed by state telecommunications company PT Indosat, according a survey conducted by Hong Kong-based financial magazine Asiamoney.

Corruption keeps money from wage earners: Official

Corruption keeps money from wage earners: Official JAKARTA (JP): A senior government official called for a nationwide campaign to stop the high-cost economy, which he blamed for employers' inability to raise their workers' wages.

Newcrest to resume operation

Newcrest to resume operation MELBOURNE (Dow Jones): Civil unrest on the Indonesian island of Halmahera appears to be dissipating, leaving Australia's Newcrest Mining Ltd. hopeful that it can shortly reopen its Gosowong mine.

C. Java eyes five wushu golds in PON

C. Java eyes five wushu golds in PON SEMARANG (JP): Central Java wushu athletes are eying at least five golds in the 15th National Games (PON) in Surabaya, East Java, in June."In my estimation, our athletes can earn seven golds.

Community speaks up to prevent unrest in jittery Bali

Community speaks up to prevent unrest in jittery BaliBy I Wayan Juniarta DENPASAR, Bali (JP): The once peaceful Bali is being threatened by fresh violence and riots, but the local community is taking action to protect their home.

Maman's works show the bare basics of people's lives

Maman's works show the bare basics of people's livesBy Tarko Sudiarno YOGYAKARTA (JP) : Tertangkapnya Kambing Hitam (The Capture of the Black Goats), that is the title given to a painting by Maman Rahman in one corner of Bentara Budaya Yogyakarta.

BRI restructures Rp 3.56t of NPLs

BRI restructures Rp 3.56t of NPLs JAKARTA (JP): State-owned Bank Rakyat Indonesia (BRI) said here on Wednesday it had successfully restructured about Rp 3.56 trillion (about US$490 million) of its nonperforming loans (NPLs).

Company debuts new sports shoe

Company debuts new sports shoe JAKARTA (JP): U.S. footwear manufacturer Converse launched its new model Converse Helium in the country on Wednesday.Managing director of the company's Asia-Pacific office Michael Ricketts said the shoe was different from other sports shoes because it was like having...

CDIB Taiwan, Lippo tie up

CDIB Taiwan, Lippo tie up JAKARTA (JP): Lippo and CDIB Taiwan signed a strategic alliance agreement in Taipei on Wednesday covering a wide range of technology, cyber Internet and e-commerce sectors in Indonesia.

Inaccurate reporting

Inaccurate reporting May I take issue with gross inaccuracies in your article Lombok island post riots devoid of tourism (Jan. 30, 2000).Ms. Schumacher was indeed a guest at "Homestay Santai" for two days from Jan. 13, leaving here two days before the disturbances started in Mataram.

Maluku burning

Maluku burningFrom Sinar PagiIt is indeed pathetic to see the Indonesian Military (TNI) and the National Police (Polri) compelled to continually fight the culprits in Maluku.Many sides have appealed to the government, TNI and the police to immediately take steps to halt the clashes.

E. Timor findings 'must go to trial'

E. Timor findings 'must go to trial' JAKARTA (JP): Attorney General Marzuki Darusman said on Wednesday that the findings of a national inquiry into last year's violence in East Timor, in which top military generals, including former Indonesian Military (TNI) chief Gen.

Poor get Rp 13.5b in funding

Poor get Rp 13.5b in funding BOGOR (JP): Forty-five villages and subdistricts in six districts in Bogor are set to receive Rp 13.5 billion in funding for poverty alleviation programs.Chief of the Bogor regional development agency Dedi S.

SE Asian recovery depends on banking

SE Asian recovery depends on banking KUALA LUMPUR (AFP): Southeast Asia's continuing recovery depends on banking and corporate reforms and there are still concerns about the ability of policymakers to implement extensive changes, Standard and Poors said Wednesday.

PT Indosat reports 21.5 percent growth in net income 1999

PT Indosat reports 21.5 percent growth in net income 1999 JAKARTA (JP): Publicly listed PT Indosat, the state-owned international telecommunications provider, reported on Tuesday a 21.5 percent increase in net income to Rp 1.39 trillion (about US$195.77 million) in 1999 from Rp 1.

Ten bodies exhumed from mass grave in East Timor

Ten bodies exhumed from mass grave in East Timor DILI, East Timor (AP): UN officials in East Timor Wednesday found the remains of ten bodies in a burial site they fear may contain up to 60 victims killed by anti-independence militia gangs.

Japan returns orangutan to RI

Japan returns orangutan to RI One of four orangutans flown back to Jakarta on Wednesday is taken out of its cage (above) in a Kobe zoo before departing for Indonesia.The four orangutans and two gibbons were returned to Indonesia after being illegally poached and smuggled to Japan eight months ago.

Ex-minister Muladi resigns from Golkar

Ex-minister Muladi resigns from Golkar JAKARTA (JP): Golkar Party chairman Akbar Tandjung confirmed on Wednesday that former justice minister and state secretary Muladi has resigned from the party."I haven't heard directly from Muladi but I know he has decided to quit the party," said Akbar, also...