Indonesian Political, Business & Finance News

Archive: 6 March 2000

45 articles found

Regional autonomy 'not as easy as it sounds'

Regional autonomy 'not as easy as it sounds' JAKARTA (JP): State Minister of Regional Autonomy Ryaas Rasyid denied the central government was being tardy in its preparations to implement regional autonomy, saying officials were painstakingly drafting the necessary arrangements to make the program workable. "The implementation of regional autonomy is not as easy as it sounds.

PKB to have non-Muslim officials: Matori

PKB to have non-Muslim officials: Matori KUTA, Bali (JP): National Awakening Party (PKB) chairman Matori Abdul Djalil stressed on Saturday his party's readiness to accept non-Muslims as senior officials after the party's congress in July. "PKB's determination to be the locomotive of democracy in this country brings about a consequence that the party should democratize itself first," Matori said here on Saturday at a seminar on the PKB youth movement (Garda Bangsa).

Tri Polyta suspension

Tri Polyta suspension NEW YORK (Dow Jones): The New York Stock Exchange postponed the suspension of PT Tri Polyta Indonesia's American depositary receipts from the exchange to March 20 from March 6. In a press release Friday, the exchange said the two-week trading extension was granted to facilitate the stock's transition to an alternate market. The exchange may, at any time, suspend the security if the stock's continued dealing isn't advisable. On Feb.

Government will not amend Freeport contract: Alwi

Government will not amend Freeport contract: Alwi JAKARTA (JP): Minister of Foreign Affairs Alwi Shihab said on Saturday the government had rejected calls for the amendment of the contract of giant copper and gold mining company PT Freeport Indonesia, reiterating the government's pledge to honor its deals with foreign investors. Alwi said forcing Freeport to change its contract would undermine the country's legal certainty and discourage foreign investors from entering Indonesia.

Reorganization of Supreme Court urged

Reorganization of Supreme Court urged JAKARTA (JP): Legal observers hailed President Abdurrahman Wahid's plan to expel corrupt judges from Jakarta's judicial system but suggested the leader first help reorganize the Supreme Court. Bambang Widjoyanto and Amir Syamsuddin said separately on Friday that the President's idea was admirable but would be useless and "too premature" if the government made no significant changes to the Supreme Court, the highest judicial body in the country.

Habibie backs province's birth

Habibie backs province's birth MANADO, North Sulawesi: Former president B.J. Habibie has donated Rp 300 million (about US$38,000) to help people in Tomini Raya, near here, campaign for the formation of a new province there. Chairman of the national committee for the establishment of the Tomini province Nelson Pomalingo did not say when Habibie handed over the money, but indicated the former president gave it in his capacity as a Gorontalo man.

Petronas buys Proton stake

Petronas buys Proton stake KUALA LUMPUR, Malaysia (AP): Malaysia's state oil and gas monopoly has agreed to pay 1 billion ringgit (US$263 million) to become the biggest shareholder in the national car company started by Prime Minister Mahathir Mohamad. Petroliam Nasional, or Petronas, signed the agreement late Friday and said it would pay cash for the 27.2 percent stake in the Proton car corporation at 7 ringgit (US$1.8) per share.

Singapore seeks more cohesion

Singapore seeks more cohesion Brig. Gen. (ret) Lee Hsien Loong is almost certain to become Singapore's next prime minister, replacing Goh Chok Tong after the next general election which is likely to take place late this year or early in 2001. In this article, BG Lee, as he is popularly called, talks about his vision and the challenges facing his country.

TV today

TV today TVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Songs 9:00 Music 10:30 Interval 2:00 p.m. News 2:30 Children's Program 3:00 Music 4:00 Regional News 4:30 Religious Teachings 5:00 Technology Program 5:30 Sports 6:00 Music 6:30 News (in English) 7:00 Evening News 7:30 TV Drama 8:00 Music 9:00 World News 9:35 Talk Show 10:30 TV Series: Labyrinth 11:30 Late News Program 2 4:30 p.m.

Alwi to leave for UAE to save maid on death row

Alwi to leave for UAE to save maid on death row JAKARTA (JP): Foreign minister Alwi Shihab says he will go to the United Arab Emirates (UAE) later this month to plead for the life of Indonesian maid Kartini bin Karim, who has been sentenced to death for adultery. Alwi said here on Saturday that he intended to go to Abu Dhabi after going on the haj pilgrimage in Saudi Arabia. "I will go there (UAE) after my haj pilgrimage. Don't worry, in the end she will survive," Alwi assured journalists.

Foreign investors review Batam's advantages: BG Lee

Foreign investors review Batam's advantages: BG Lee By Endy Bayuni SINGAPORE (JP): Many companies may be reassessing their investment plans on Batam, Bintan and Karimun if the Indonesian government goes ahead with its plan to impose value added tax (VAT) on the three industrial designated islands south of here. Deputy Prime Minister Lee Hsien Loong said that many investors, particularly from Japan, had expressed concern over the Indonesian government's decision to impose the VAT.

CBN Internet, unprofessional

CBN Internet, unprofessional On Thursday Feb. 24, I decided to move my web page server to CBN from Indonet. In a meeting with Mr. Dede from CBN that day I asked what I needed to do for that purpose, how much it would cost and how long it would take. Satisfied with his answers we signed a contract to put the transfer in effect for that very day. I provided Mr. Dede with the contact numbers and names of the people currently looking after my site.

Student killed in attack

Student killed in attack JAKARTA (JP): An 18-year-old STM student was fatally stabbed in the ribs by a group of 10 students from a rival school in a street brawl on Jl. Soegiono, East Jakarta, on Saturday. With tears in his eyes, Toni, the brother-in-law of the victim, said that Ahmad Yanwar, a student of STM technical senior high school in Tubun, could have been saved if local residents had been willing to do something to help the dying youth.

Congratulations, Baihaki Hakim

Congratulations, Baihaki Hakim First, I would like to congratulate you on your appointment as president director of state-owned oil and gas company Pertamina. As you are a former president director of PT Caltex Pacific Indonesia, the largest producer among the production-sharing contract (PSC) companies in Indonesia, I believe no one will doubt your knowledge of the oil business as well as your contacts in the industry.

Audacity in parliament

Audacity in parliament The House of Representatives is entering a new phase. Not only has it become more persistent, it has also become more courageous and more candid. Now it has revealed the names of those it recommends for investigation by the Attorney General's Office -- public authorities suspected of involvement in the mismanagement of Bank Indonesia liquidity assistance funds (BLBI).

Astro blasted over Chinese shows

Astro blasted over Chinese shows KUALA LUMPUR (AP): Malaysia's largest cable television operator is being accused of undermining national culture by showing Chinese-language programs from Hong Kong and Taiwan. Local press took up the issue on Sunday, with several papers suggesting that the popular satellite station Astro should overhaul its programming to keep foreign influence out.

STPDN freshman tortured to death

STPDN freshman tortured to death BANDUNG (JP): A freshman of the Institute of State Administration (STPDN) died on Friday after being tortured, but the police released the suspects after 1,000 students from the school thronged the police station to demand their release on Saturday. Sumedang Police chief Lt. Col. Richardo Hutauruk told The Jakarta Post that seven suspects were freed after an official request from the institute was sent following the student protest.

RSCM needs better, informative directory signs

RSCM needs better, informative directory signs By Maria Endah Hulupi JAKARTA (JP): The lack of directory signs and their improper placement at Cipto Mangunkusumo General Hospital often causes inconvenience to both patients and visitors. The confusion has led to criticism of the hospital's management for its poor signs.

Mataram to get int'l airport

Mataram to get int'l airport MATARAM, West Nusa Tenggara: An international airport will soon be built here, replacing the province's inadequate airport, Selaparang, after a year-long delay due to the economic crisis, Antara reported on Saturday. Governor Harun Al Rasyid said the plan was in response to offers from foreign investors to construct the airport on Lombok island, one of the country's tourist destinations.

Armed men attack Matori

Armed men attack Matori JAKARTA (JP): South Jakarta Police detectives are searching for one of the two suspects in the Sunday morning attack on National Awakening Party (PKB) chairman Matori Abdul Djalil at his residence in the Tanjung Mas Raya housing complex. South Jakarta Police chief of detectives Maj. Rycko Amelza Daniel said on Sunday they had found a lead in the attack and were tracking down the suspect. "We more or less have the key to solving this case ... we are combing the streets.

Nokia committed to developing mobile Internet in RI

Nokia committed to developing mobile Internet in RI By Sylvia Gratia M. Nirang HONGKONG (JP): Finnish mobile communications company Nokia has said it is committed to developing the mobile Internet, using Wireless Application Protocol (WAP) technology in Indonesia. Nokia Mobile Phones senior vice president for Asia Pacific Nigel Litchfield told The Jakarta Post that Nokia saw great prospects in developing WAP in Indonesia.

Thai fishermen detained

Thai fishermen detained KUALA LUMPUR (AFP): Sixteen Thai fishermen have been detained by Malaysia's Sarawak state for straying into an exclusive economic zone, the official Bernama news agency reported on Sunday. The state fisheries department nabbed the fishermen, aged between 20 and 40, early Saturday and seized the Indonesian- registered fishing vessel KM Yasbhon, department director Sulaiman Abu Bakar was quoted as saying.

Debate marks Kostrad's anniversary

Debate marks Kostrad's anniversary JAKARTA (JP): In a rare candid debate with human rights campaigner Bambang W. Suharto, soldiers from the Army's Strategic Reserves Command (Kostrad) explained why the public often accused them, and the Indonesian Military as a whole, of being serial human rights abusers. "Why does public opinion always perceive there are human rights abuses in every military operation?," cried out someone from a sea of 100 battle-fatigued Kostrad soldiers.

IBRA to sell nine firms in 2000 to raise $2.5b

IBRA to sell nine firms in 2000 to raise $2.5b ANYER, West Java (JP): The Indonesian Bank Restructuring Agency (IBRA) is planning to sell its stakes in some nine additional companies this year in a bid to help raise Rp 18.9 trillion (US$2.5 billion) for the next state budget, according to a senior official at the agency.

Senate poll big step toward Thai democracy

Senate poll big step toward Thai democracy BANGKOK (AP): Thailand's first Senate election was hailed on Sunday as a major step toward full-fledged democracy, despite rampant vote-buying and victories by wives of Cabinet ministers, provincial godfathers and suspected underworld figures.

NISP to buy Daiwa stake

NISP to buy Daiwa stake JAKARTA (JP): Shareholders of publicly listed Bank NISP approved on Saturday a plan to increase the bank's ownership in Bank Daiwa Perdania to 20.10 percent from 11.93 percent. The bank said the increase in ownership in the joint venture bank would be carried out through the purchase of Daiwa Perdania's new shares, and through the acquisition of Japanese Daiwa Bank's stake holdings in the bank.

Business resumes in Nabire

Business resumes in Nabire JAYAPURA, Irian Jaya: Economic activity in Nabire regency showed signs of recovery on Saturday after almost a week of total standstill due to rioting, police said. Nabire Police chief Lt. Col. Faizal A.N. said in a telephone interview that order had been restored and markets, government offices and private companies had resumed activities.

Madurese are not coarse -- they are just direct

Madurese are not coarse -- they are just direct By Mehru Jaffer JAKARTA (JP): All the warnings about the unpredictable temper of its people could not lessen Lorraine's love for Madura. In fact, the stories told to her about the coarse and unrefined manners of the Madurese made her even more determined to sail across to Java's neighbor to the north to check out the island for herself.

Oil prices soar amid uncertainty over output

Oil prices soar amid uncertainty over output LONDON (AFP): Oil prices soared to fresh nine-year high points as uncertainty continued to swirl through the market over future production levels. Leading producers gathered in London and agreed that output would rise in the coming year, but the key questions of by how much and when still remained unanswered.

Officials to attend forum on Myanmar

Officials to attend forum on Myanmar BANGKOK (AFP): Three senior Thai officials will defy requests from Yangon and leave this weekend for an international symposium on Myanmar, officials said on Saturday. Myanmar Foreign Minister Win Aung last month said in a letter that Myanmar was opposed to Association of Southeast Asian Nations states attending the March 5-6 meeting in Seoul, the Bangkok Post reported.

Buses and students

Buses and students From Rakyat Merdeka We are students at SLTPN 21 high school in North Jakarta and we are often ignored by public transportation vehicles passing along Jl. Bakti to Jl. Bandengan Utara. This happens almost daily and of course we get punished when we are late for school. We cannot rely on our parents to take us to school because they have to work. Metromini No. 84 says it cannot stop because it has to get on the toll road, while Metromini No. 30 does not want to stop either.

City police to further probe illegal gun trade

City police to further probe illegal gun trade JAKARTA (JP): South Jakarta Police handed over on Saturday two illegal gun trade suspects to the city police for a further probe into the recent arrest of 12 fellow suspects, the South Jakarta Police chief of detectives said. Maj. Rycko Amelza Daniel identified the suspects as Muhammad bin Yusuf, alias Rohmat M, an alleged official of the Free Aceh Movement (GAM) who was arrested by Medan Police on March 1, and First. Sgt.

Share trading at JSX remains bearish

Share trading at JSX remains bearish By Wachyudi Soeriaatmadja JAKARTA (JP): Foreign investor pullout from the Jakarta Stock Exchange (JSX) is expected to continue this week as they size up their holdings in technology stocks in other exchanges in the region, equity analysts have said.

Liquor confiscated and destroyed

Liquor confiscated and destroyed BOGOR (JP): Police here destroyed on Saturday over 9,000 bottles of alcohol of various brands confiscated in separate raids over the past week from distributors and retailers throughout the city. The alcohol, such as whiskey and vodka, were burned together with one kilograms of marijuana and dozens of drugs, including shabu-shabu (crystal metamphetamine) and tranquilizers.

Man, pregnant lover die in Tambora fire

Man, pregnant lover die in Tambora fire JAKARTA (JP): A 48-year-old butcher and his pregnant 38-year- old live-in girlfriend were burned to death in a fire that razed their small two-story rented house in Tambora district, West Jakarta, in the early hours of Saturday.

Tape backup systems still play a vital role

Tape backup systems still play a vital role By Zatni Arbi JAKARTA (JP): What has the love affair between business and information technology (IT) brought us? Today we are swamped by data. It is now so easy to capture and collect data -- through Websites, through Point of Sales (POS) systems and through other online facilities. Some of this data is legal, some is not. A lot of it actually belongs to the gray area.

TNI 'not involved' in Aceh massacre

TNI 'not involved' in Aceh massacre BANDA ACEH, Aceh (JP): The chairman of the independent commission investigating rights abuses in Aceh, Amran Zamzami, dismissed on Sunday speculation that certain institutions, including the Indonesian Military (TNI), were behind the massacre of Tengku Bantaqiah and his followers as well as other cases last year.

Higher education deregulation

Higher education deregulation By Freddy Kirana JAKARTA (JP): A wave of public institution deregulations has swept the world both in developing and developed countries. The recent announcement about the government's plan to revoke its subsidies on state universities is one of the latest trends. The assumption underlying the initiatives has always been that market competition-based activities will encourage better performance and diversity.

Road accident kills four

Road accident kills four SEMARANG: All four passengers of a Kijang van were killed in a head-on collision with a truck carrying oxen in Sirangkang village of Pemalang, some 130 kilometers west of here, on Saturday. Police identified two of the fatalities as Tarminah, 54, and the van's driver, Dedi Suryadi, 26, both residents of Lengkongsari village in Tasikmalaya, West Java. The other casualties remain unidentified.

BG Lee readies Singapore for the future challenges

BG Lee readies Singapore for the future challenges SINGAPORE (JP): With a general election in a year or so, Deputy Prime Minister Lee Hsien Loong is already being portrayed by the Singapore media as the next prime minister. BG Lee, as the retired Army brigadier general is popularly called, is already comfortable with the designation, as is apparent in various recent media interviews, including one on Saturday with a group of visiting Indonesian journalists.

Amendment to the Constitution

Amendment to the Constitution From Rakyat Merdeka The amendment being processed for the 1945 Constitution at the House of Representatives will apparently take a long time due to the controversies surrounding its necessity. Some politicians have also voiced their opinions, which are colored with personal ambitions. This was, for instance, reflected in the statements by Amien Rais, the speaker of the People's Consultative Assembly.

Government told to delay toll increases

Government told to delay toll increases JAKARTA (JP): City councilors suggested on Saturday the central government postpone its plan to raise toll road tariffs until next year, in the hope that by then the country's economy would have improved. Interviewed separately, the councilors also accessed toll road operators of having hidden agendas.

Naked body found in a ditch

Naked body found in a ditch JAKARTA (JP): Residents of Medan Satria subdistrict, West Bekasi, found on Saturday morning the naked body of a young woman dumped in a local ditch. A police officer, who brought the body to the Cipto Mangunkusumo General Hospital, said the unidentified woman, believed to be in her 20s, was found laying face down. "Clothes assumed to be hers were found some 100 meters away from the body," said officer, who asked for anonymity.

Malaria in Kulon Progo

Malaria in Kulon Progo From Suara Karya Many residents in the Kulon Progo region in Yogyakarta are suffering from malaria, but until now there has not been any serious effort from the local authorities. The condition is critical, particularly in the Banjarsari subdistrict. Many inhabitants of one home have gone under treatment, some homes have even seen two or three of their members being treated at the same time; some of those who have been released from hospital then somehow were sick again.

Officials involved in land scam to be summoned

Officials involved in land scam to be summoned TANGERANG (JP): The Tangerang Legislative Council has said it will summon officials allegedly involved in the private acquisition of a 10-hectare plot of state land in Babakan subdistrict.