Indonesian Political, Business & Finance News

Archive: 13 April 2000

68 articles found

Commercial Court asked to cancel Fiskaragung's agreement

Commercial Court asked to cancel Fiskaragung's agreement JAKARTA (JP): Court receiver of the now insolvent PT Fiskaragung Perkasa is asking the Commercial Court to cancel the US$3 million loan agreement between the salt producer and its Hong Kong creditor, Catnera International Ltd.

New Internet tie-up formed

New Internet tie-up formed JAKARTA (JP): E-business consulting company PT Metamedia Interaktif formed a partnership on Wednesday with Internet application provider Vignette Corp. of Texas and Singapore-based BROKAT Asia Pte. Ltd., a supplier of secure solutions for on-line transactions. Metamedia Chief Executive Officer Howard Chu said the partnership's business plan is to assist Indonesian companies to effectively expand their businesses through the Internet.

Severed hand stolen out of morgue: Police

Severed hand stolen out of morgue: Police JAKARTA (JP): South Jakarta police detectives will question several morgue and forensic staff members of the Cipto Mangunkusumo General Hospital over a severed hand which was sent on Monday to a woman in Setiabudi subdistrict, South Jakarta. "We suspect the hand was stolen out of the hospital's morgue," South Jakarta Police chief of detectives Maj. Rycko Amelza Daniel said on Wednesday.

Putting a maritime nation in perspective

Putting a maritime nation in perspective The idea of reestablishing Indonesia as a maritime nation, put forward by President Abdurrahman Wahid, is not easy to fathom amid the struggle to free the country from the economic crisis. Former ambassador-at-large on the law of the sea Hasjim Djalal recently shared his views with The Jakarta Post. Below is an excerpt of the interview: Question: Does the establishment of the Indonesian Maritime Council sufficiently signify a switch to a maritime nation?

Defending champion CLS too powerful for Aspac

Defending champion CLS too powerful for Aspac JAKARTA (JP): Defending champion Cahaya Lestari Surabaya (CLS) proved its quality by cruising into the final of the Megawati Soekarnoputri Cup women's basketball tournament at Senayan basketball stadium here. CLS, winner of pool A, outclassed pool B runner-up Aspac of Jakarta 99-51 on Wednesday.

Indonesia 'lags behind' in curbing lead use

Indonesia 'lags behind' in curbing lead use JAKARTA (JP): While many countries had successfully ended the use of lead in gasoline, Indonesia was still home to a large amount of the hazardous substance, an environmental observer said on Wednesday. Washington D.C.-based director of international programs at the Alliance to End Childhood Lead Poisoning (AECLP) James Rochow referred to a world map reflecting leaded gasoline sales at the beginning of this year.

'ANteve' channel missing in Jakarta

'ANteve' channel missing in Jakarta JAKARTA (JP): Audiences of the private ANteve television station in the capital got a blank screen on their televisions during all of Wednesday. An executive at the station said that one of its transmission devices broke down. "A tube called an inductive output tube went kaput for unidentified reasons," Zoraya Perucha, the corporate communications manager at the station, told The Jakarta Post in the evening. The trouble started at 5 a.m.

Soeharto banned from travel

Soeharto banned from travel JAKARTA (JP): The Attorney General's Office announced on Wednesday that former president Soeharto is barred from leaving the country while the investigation into his alleged corruption case is being conducted. Director of Corruption Affairs Chaerul Imam said on Wednesday that the travel restriction was imposed in order to simplify the investigation process.

Sutiyoso briefs diplomats

Sutiyoso briefs diplomats JAKARTA (JP): In an effort to boost foreign investment in the capital, Governor Sutiyoso told 24 new Indonesian diplomats on Wednesday to help cultivate a positive image of Jakarta among the international community. "Jakarta, as in other parts of the country, really needs foreign investment to help the economic recovery," he told the diplomats at City Hall. The diplomats are undergoing an orientation program before departing for their respective destinations.

Cirata dam polluted

Cirata dam polluted BANDUNG: The pollution of the Cirata dam water has reached alarming levels, with its acidity rate measured far below normal, an official said on Wednesday. Budiman A.Pi, head of production unit of the West Java Fishery Office, said the dam water acidity (pH) had dropped to between 2 and 3, while the normal figure was 7. He blamed the fish cultivation business in the dam compound for the abnormality.

Pardon sought from rights abuse victims

Pardon sought from rights abuse victims JAKARTA (JP): Although their plight has been difficult, victims of human rights abuses have been asked to forgive and forget and to encourage a more just and fairer government system, religious figures said on Wednesday. Speaking at a seminar titled "Solutions for Human Rights Abuse Cases; Between Truth and Justice", Muslim scholar Komaruddin Hidayat and Catholic scholar J.

Indonesia still vulnerable to external shocks: ADB

Indonesia still vulnerable to external shocks: ADB MANILA (AP): The president of the Manila-based Asian Development Bank Tadao Chino said here on Wednesday that Indonesia remains vulnerable to external shocks because of its dependence on oil exports and trade within the region.

Sakato shows the fine art of West Sumatran culture

Sakato shows the fine art of West Sumatran culture By Amir Sidharta JAKARTA (JP): The works that appear in the exhibition of West Sumatran fine art at Hotel Ciputra, West Jakarta, do not seem to show the influence of previous generations of West Sumatran artists such as Wakidi, H.A. Ramli Dt. Rangkayo Sati and Itji Tarmizi.

Sore knee forces Williams to retire from WTA event

Sore knee forces Williams to retire from WTA event AMELIA ISLAND, Florida (AFP): U.S. Open champion Serena Williams suffered a flare-up of tendinitis in her left knee and dropped out of a US$535,000 WTA event one game from losing to Argentina's Paola Suarez. Williams, seeded second, was making her first appearance in the event. It was her season debut on clay, and is the first U.S. tune-up event for the French Open on the WTA tour.

Piracy hurts Asian recovery

Piracy hurts Asian recovery KUALA LUMPUR (AP): Combating software and music piracy is crucial to recovering economies in Asia, technology experts and officials at a regional meeting said Wednesday. From government offices and hospitals to large private companies, pirated software is ubiquitous in Asia. A 1998 study by a global audit company found that 84 percent of the software used and sold in Southeast Asia was illegal.

Poland floats currency

Poland floats currency WARSAW (AFP): The Polish government and central bank Tuesday announced a decision to float the zloty, allowing the Polish currency to trade freely against all other currencies from Wednesday. The measure, under preparation for some months, is a step towards joining the euro-zone some years after Poland becomes a member of the European Union, analysts said. Poland is currently negotiating EU membership.

S'pore, Japan to lobby IMF on tax incentives

S'pore, Japan to lobby IMF on tax incentives JAKARTA (JP): Singapore and Japan have promised to help Indonesia lobby the International Monetary Fund (IMF) to maintain tax incentives in the industrial bonded zones of Batam, Bintan and Karimun islands.

Orthodox penalty of chatty students

Orthodox penalty of chatty students ROME (AFP): A primary school teacher in Sardinia has been suspended after silencing her students by taping their mouths closed or shutting their heads in a small cupboard, a Sardinian daily reported recently. The teacher's colleagues at the primary school in the town of Decimomannu confirmed her "zero tolerance" discipline policy, corrobating claims made by angry parents, according to the Sardinian Union.

Febi, Hendri hope to reach top 300 next year

Febi, Hendri hope to reach top 300 next year JAKARTA (JP): Indonesian men's tennis players Febi Widhiyanto and Hendri Susilo Pramono are expected to improve their ATP rankings and reach the top 300 next year. Coach Deddy Prasetyo told reporters in a press conference on Wednesday that Febi and Hendri would compete in eight tournaments in the Bundesliga and three US$15,000 Futures in Germany. "I hope by competing in the German league, they can reach the world top 300 next year.

Teachers wait for government response

Teachers wait for government response TANGERANG (JP): Learning activities at state schools in Balaraja district resumed as normal again on Wednesday after 200 local teachers -- who had gone on strike at the House of Representatives the previous day -- went back to the class.

Kumaratunga seeks further treatment

Kumaratunga seeks further treatment COLOMBO (AP): President Chandrika Kumaratunga has left for the United States and Britain to seek further medical treatment for her right eye, blinded in a suicide bomber attack in December, a government official said on Wednesday. Kumaratunga left the island late on Tuesday, said the official, speaking on the condition of anonymity.

Clinton 'encouraged' by PM Barak talks

Clinton 'encouraged' by PM Barak talks WASHINGTON (AFP): U.S. President Bill Clinton and Prime Minister Ehud Barak agreed to speed up the Israeli-Palestinian track facing looming deadlines but had no breakthroughs to announce on any of the stalled Mideast peace fronts, officials said. The two stretched a planned one-hour meeting into four at the White House on Wednesday for an exhaustive review of all the troubled Middle East peace tracks in which Clinton is actively mediating.

Australian search for 200 boat people ends

Australian search for 200 boat people ends SYDNEY (AFP): Australian authorities said Wednesday they had called off a search for up to 220 boat people feared drowned when their boat sank on its way to Australia from Indonesia last month. "It's highly unlikely there are any survivors," an Immigration Ministry official told AFP. The boat went missing on a two-day trip from Java to the Australian territory of Christmas Island.

Expecting a new paradigm for a maritime nation

Expecting a new paradigm for a maritime nation By I. Christianto JAKARTA (JP): The recent establishment of the Indonesian Maritime Council by President Abdurrahman Wahid has rebounded hopes of exploring, protecting and restoring vital ocean resources, but a new paradigm is necessary to achieve the plan. Efforts to create Indonesia as a marine state have been launched several times, but eventually they have been forgotten. Historian A.B.

Premier discovers RI gas

Premier discovers RI gas LONDON (Dow Jones): Premier Oil PLC (PMOIY) has discovered gas in Indonesia at Iguana-1, located near the West Natuna gas export facilities. Premier discovered gas columns in four separate reservoir sands in the Arang formation close to Premier's Pelikan, Gajah Puteri, Bison and recent Naga discoveries, it said.

Southeast Asean auto sales surge as region rebounds

Southeast Asean auto sales surge as region rebounds SINGAPORE (AFP): Auto sales in Southeast Asia's four biggest markets surged in January and February, with Indonesia posting more than 400 percent growth from the same period last year, an industry survey showed. New vehicle sales in Malaysia, Thailand, Indonesia and the Philippines in the first two months of the year reached 121,384 units, up 56.2 percent, according to a report by Visteon, a global auto component maker, received here Wednesday.

Team established to supervise fuel sale

Team established to supervise fuel sale MAKASSAR, South Sulawesi (JP): The South Sulawesi legislature set up on Wednesday a joint team to supervise the distribution of fuel in the province in response to illegal sales of blended gasoline, kerosene and diesel.

Assembly to reprimand, impeach Gus Dur

Assembly to reprimand, impeach Gus Dur JAKARTA (JP): The People's Consultative Assembly (MPR) will reprimand President Abdurrahman Wahid for his shortcomings but it has no plan to initiate an impeachment process at this stage, House Speaker Akbar Tandjung said on Wednesday. Akbar told reporters that he did not see the urgency of convening an emergency MPR session at this time, and that the Assembly would meet in August as scheduled.

Benefits gained in Indonesia

Benefits gained in Indonesia I have been fortunate to have worked in Indonesia on various industrial-related projects since 1973, following in the footsteps of my late father who came out here in the early 1960s to assist in the country's industrial development. During our time we both came to love Indonesia and became entranced by its charms and mysteries.

BI forecasts up to 5% GDP growth in second quarter

BI forecasts up to 5% GDP growth in second quarter JAKARTA (JP): Bank Indonesia predicted on Wednesday economic growth between 4 percent and 5 percent in the second quarter compared to the same period last year. Based on the projection, the gross domestic product could expand 3 percent or 4 percent for the year, central bank governor Sjahril Sabirin said.

Challenges ahead in becoming a maritime nation

Challenges ahead in becoming a maritime nation Making the most of resources and ensuring their equal distribution and sustainability are among the challenges faced by the Ministry of Maritime Exploration, led by Sarwono Kusumaatmadja. Among the experts at the ministry is Rokhmin Dahuri, a professor at the Bogor Institute of Agriculture and now the Director General of Coastal Areas, Shores and Island Affairs.

Native speaker teachers

Native speaker teachers It's been two years since the economy crunched our wages. Based on the dollar, previously we were earning two times more than we are now; it was generally been on a par with other countries. Granted, we have gained a 50 percent increase in wages, but the present 300 percent decrease in the rupiah has essentially destroyed our salary base. The crunch has also gleaned out the chaff and fly-by-nighters, and what is left is a fairly loyal and experienced core of instructors.

The plight of Indonesia's teachers

The plight of Indonesia's teachers With the scare of a mass strike of public transportation workers still fresh in their minds, Jakartans -- and Indonesians elsewhere across the archipelago as well -- must now face the prospect of the disruption of their children's education due to a nationwide strike of teachers.

Police ban training activities for jihad volunteers

Police ban training activities for jihad volunteers JAKARTA (JP): The National Police prohibited a Muslim organization on Wednesday from training volunteers to take part in a holy war in Maluku. National Police chief Lt. Gen. Rusdihardjo announced the move after a Cabinet meeting led by Vice President Megawati Soekarnoputri.

Newmont's case hurts Indonesia's image

Newmont's case hurts Indonesia's image JAKARTA (JP): Recent disputes involving foreign investors, including the conflict between gold mining company PT Newmont Minahasa Raya and local authorities in North Sulawesi, have tarnished the country's investment image, a minister said on Wednesday. "Our image has been greatly tarnished," State Minister of Investment and State Enterprises Development Laksamana Sukardi said at the Presidential Palace prior to a Cabinet meeting.

Yahya promise fails to impress teachers

Yahya promise fails to impress teachers JAKARTA (JP): Teachers on the government payroll continued with their protests in Jakarta on Wednesday in spite of a promise by Minister of National Education Yahya Muhaimin to fight on their behalf and to try and double their salaries. More than 2,000 teachers from Greater Jakarta rallied outside the Presidential Palace to demand better wages while the Cabinet was in session to avert the threat of a nationwide teachers strike.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on April 12, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 800 0 0 Adindo Foresta Indonesia 525 0 51,000 Alakasa Industrindo 475 0 3,500 Alfa Retailindo 875 -50 390,000 Alter Abadi 325 0 0 Alumindo Light Metal 1,150 0 27,500 Aneka Kimia Raya 300 0 22,500 Aneka Tambang (Persero) 1,125 0 1,034,000 Anwar Sierad 300 0 0 APAC Centertex Corp.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on April 12, 2000: Bank notes rates Buying Selling Rp Rp U.S.

RI forex reserves surge

RI forex reserves surge JAKARTA (JP): The country's net foreign exchange reserves surged by US$121.20 million to $18.63 billion in the week ending on April 7. Bank Indonesia said in its latest weekly report on Wednesday that the increase was mainly due to revenue from oil exports. The central bank also said the country's gross foreign exchange reserves increased by $119.90 million to $29.85 billion from $29.72 billion the previous week.

Suspects arrive for Aceh human rights abuse trial

Suspects arrive for Aceh human rights abuse trial BANDA ACEH, Aceh (JP): A total of 25 suspects of the Bantaqiah killing arrived here on Wednesday for the joint military-civilian trial scheduled to begin on Monday. The suspects, 24 military personnel and one civilian, boarded an Air Force Hercules at the Iskandar Muda airport under tight security at 11:10 a.m. local time. The Military Police officer who heads a joint team of investigators in the murder case, Col.

City Council fails to set new bus fares

City Council fails to set new bus fares JAKARTA (JP): A city council leadership meeting on Wednesday remained unable to set new fares for buses operating in the city. Council speaker Edy Waluyo told reporters after the meeting, which was the second of its kind since Monday, that the discussion would be continued at 3 p.m. on Thursday.

Land tax arrears reach Rp 2 billion

Land tax arrears reach Rp 2 billion SEMARANG: At least 52,000 tax payers here have not paid the Tax of Land and Building since 1997, costing the local government Rp 2 billion in losses, an official said Wednesday. Chief of tax of land and building services, Maezar Anwar, said a team had been formed to collect the tax arrears. He asked people to pay the tax to appointed offices across the Central Java capital city.

Communism protected by Constitution: Gus Dur

Communism protected by Constitution: Gus Dur HAVANA, Cuba (JP): President Abdurrahman Wahid reiterated on Tuesday his call for the lifting of the ban on communism in Indonesia, saying the ideology "is protected" by the 1945 Constitution. "Communism is protected by our Constitution, so because of this stance they (the protesters) are agitated, they feel it is wrong.

TMII to celebrate silver jubilee amidst crisis

TMII to celebrate silver jubilee amidst crisis JAKARTA (JP): Taman Mini Indonesia Indah, enduring financial difficulties like many entertainment parks during this period of hardship, will celebrate its silver jubilee by staging 77 events, mostly of traditional art forms, in a week-long fiesta starting on Sunday. "Hopefully, these events will help the people to forget all the problems we're facing," Widarso, marketing manager of the park, told a press conference on Wednesday.

Astaga!com plans listing on Nasdaq

Astaga!com plans listing on Nasdaq JAKARTA (JP): Local Internet company Indonesia Online said on Wednesday its news portal Astaga!com would launch its initial public offering (IPO) later this year to raise fresh funds to boost its portal operation. Company chief executive Jonathan Morris said the news portal would also list its shares either on the U.S. over-the-counter stock market Nasdaq or on the Hong Kong Stock Exchange.

Where to go in Bali:

Where to go in Bali: Exhibition * Painting Exhibition by Ni Made Suciarmi, Seniwati Showspace, Jl Raya Ubud, until April 28. Museums and Galleries * Blue Moon Gallery, Jl. Tirta Tawar, Banjar Kutuh Kaja, Ubud (Phone: 0361 976727), daily, 11 a.m. to 5 p.m. * Museum Puri Lukisan - Yayasan Ratna Warta, Jl. Raya Ubud, Gianyar (Phone: 0361 975136), daily, 8 a.m. to 4 p.m. * Museum of Bali, Jl. Letkol Wisnu, downtown of Denpasar (Phone: 0361 2277271), Tuesday to Sunday, 8 a.m. to 3 p.m.

Smoking at the airport

Smoking at the airport I have just completed an extended business trip which brought me to some 12 major cities throughout Europe, South East Asia and North America. After spending a lot of time in airports, I was appalled to return to Jakarta to be reminded that the internationally accepted norm of not smoking in airports has yet to reach this beautiful country, despite claims of "reform".

Art ventures into the mainstream in urban Bali

Art ventures into the mainstream in urban Bali By Degung Santikarma DENPASAR, Bali (JP): The famous saying that in Bali everyone is an artist may no longer be true. Many young Balinese now dream of becoming punk rock stars rather than painters, waitresses rather than weavers or corporate executives instead of carvers. What is true in contemporary Bali is that packed into a scant 5,000 square kilometers there are more galleries than probably anywhere else on earth.

Mother in desperate need of money to cure son

Mother in desperate need of money to cure son JAKARTA (JP): Central Jakarta Police detectives picked up a woman following a report from a local security officer who said she was wandering the street and appeared to be in great anguish. Second Lt. Siswanto said the police picked up the woman on Jl. Raden Saleh after receiving the report from Junaidi, a private security guard at an insurance firm. At the time she was detained, the woman was with her 3-year-old baby son.

Broadcast deal for soccer league signed

Broadcast deal for soccer league signed JAKARTA (JP): Soccer fans will be able to watch live coverage of Bank Mandiri national soccer league matches on April 20 on the state-owned TVRI television network and privately run RCTI television station. Secretary-general of the Soccer Association of Indonesia (PSSI) Tri Goestoro announced on Wednesday that the stations would air the league's second round matches but only the latter will air the quarterfinals through to the final.

Manulife donates insurance policies

Manulife donates insurance policies JAKARTA (JP): PT Asuransi Jiwa Manulife Indonesia handed over life and accidental insurance policies worth Rp 20 billion (US$2.63 million) for national athletes and coaches to compete in the Olympic Games in Sydney in September.

Big Asian stock markets up

Big Asian stock markets up HONG KONG (AP): Asia's top three stock markets - Tokyo, Hong Kong and Singapore - finished higher Wednesday, although most smaller markets in the region fell. In Tokyo, investors bid up the key stock index to a three-year high, betting the worst may be over in Japan's economic slump. The 225-issue Nikkei Stock Average rose 310.69 points, or 1.5 percent, to 20,833.21. That was the Nikkei's highest close since Dec. 5, 1996, when it finished at 20,943.90.

Pick of the Flicks

Pick of the Flicks Hollywood KC: Deuce Bigalow 14:15 16:55 19:05 21:15 Boys Don't Cry 14:55 17:35 19:45 21:55 Very Bad Things 14:15 16:55 19:05 21:15 Stir Of Echoes 14:55 17:35 19:45 21:55 The Insider 14:30 17:15 21:00 Senayan: Stir Of Echoes 13:00 15:15 17:30 19:45 Boys Don't Cry 13:45 16:00 18:15 20:30 Deuce Bigalow 13:00 15:15 17:30 19:45 The Insider 13:45 16:30 20:15 The Green Mile 13:00 16:30 20:00 The Prophecy II 13:45 16:00 18:15 20:30 American Beauty 13:00 15:15 17:30 19:45 Anggrek:...

Time-share firms protest closure

Time-share firms protest closure DENPASAR, Bali: Hundreds of employees at three time-share companies marched on City Hall Tuesday to protest the local government's decision to close down the firms. Waving banners and picket signs, the workers of Royal Bali Beach Resort, Peninsula and Bali Masari held an open protest. "All accusations are untrue. Research reveals that 97 percent of tourists handled by us expressed their satisfaction," Alan C Thomas, president of Peninsula Beach Resort, said.

Wary investors tell government to clear up autonomy uncertainty

Wary investors tell government to clear up autonomy uncertainty JAKARTA (JP): Inadequate preparations for decentralization of political and economic power combined with the slow pace of debt restructuring and asset sales are hindering new investment and economic recovery, businesspeople, analysts and diplomats warned on Wednesday.

Gross acts?

Gross acts? In spite of good education, exposure to various places, with conscious knowledge of what is good and what is bad, what is ethical and not ethical, most people indulge in small gross acts which cannot be called crimes or deadly sins. A teacher takes some chalk or a marker home. She thinks it will not cause a big loss to the organization. A teacher should teach ethical values to her students, but when she herself indulges in such petty acts, what can it be named as?

Minister implicates Thai party boss

Minister implicates Thai party boss BANGKOK (AP): A series of embarrassments to Prime Minister Chuan Leekpai's government widened on Wednesday in the aftermath of a Cabinet reshuffle that revived images of corruption associated with a key coalition partner.

Zarina's accomplice gets jail term

Zarina's accomplice gets jail term JAKARTA (JP): The West Jakarta District Court sentenced on Wednesday Ahian Santoso, alias Yeye, an acquaintance of drug suspect Zarina Mirafsur, to two years and six months in jail for possession of psychotropic substances. The court also ordered Ahian, who was arrested along with Zarina during an early morning raid in November last year, to pay a fine of Rp 6 million (US$810). "The defendant is guilty of violating Article 62 of Law No.

Whole lot of kissing going on in Balinese ritual

Whole lot of kissing going on in Balinese ritual By I Wayan Juniarta DENPASAR, Bali (JP): Dozens of young men and women passionately hugged and kissed in front of hundreds of onlookers along Jl. Sesetan in Denpasar last week. For hundreds of years, the Banjar Kaja community in Sesetan, four kilometers south of Denpasar, has kept the age-old tradition of med-medan alive for years for the sake of the welfare of the village and its people. No one knows when the tradition started.

TV today

TV today TVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Program 8:30 Music 9:00 Interval 2:00 p.m. News 2:30 Children's Program 3:30 News 4:00 News 4:30 Religious Teachings 5:30 News (in English) 6:00 Variety Show 7:00 Evening News 7:30 TV Drama 8:00 Sports 9:00 World News 9:30 Film 10:30 News Program 2 4:30 p.m. Children's Program 5:00 City News 5:30 Music 6:00 TV Drama 6:30 News (in English) 7:00 Evening News 7:30 Music 8:30 Documentary TPI 5:30 a.m.

Sex a boost for marathon runners

Sex a boost for marathon runners LONDON (DPA): London Marathon competitors who enjoy a night of passion on the eve of the event clock faster times for the race than those who do not, media reports said on Wednesday. Runners who had sex on the eve of last year's marathon completed the 26.2-mile course in an average of 3 hours and 51 minutes while those who did not finished in 3 hours and 56 minutes.

Taiwan's DPP downplays China's attack against VP-elect Lu

Taiwan's DPP downplays China's attack against VP-elect Lu TAIPEI (AFP): Taiwan's Democratic Progressive Party (DPP) played down on Wednesday China's recent barrage of vitriolic attacks against vice president-elect Annette Lu. Beijing "simply tried to exert its pressure (on Taiwan) using Lu as a topic," DPP chairman Lin Yi-hsiung said when asked to comment on the Chinese moves. "Virtually all the DPP members were treated the same way (by Beijing)," Lin said.

Asia poised for strong growth: IMF

Asia poised for strong growth: IMF WASHINGTON (AFP): Asian countries excluding Japan have made stunning comebacks from the deep recessions of 1998 and will continue to deliver strong growth in the coming two years, the International Monetary Fund said on Wednesday. "The momentum of economic recovery in Asia increased significantly in 1999, with growth exceeding -- by a wide margin in some countries -- earlier expectations," the IMF said in its World Economic Outlook.

Reshuffling the Cabinet is not the answer

Reshuffling the Cabinet is not the answer The issue of a Cabinet reshuffle has been gaining in strength lately. The reason is the delay of aid by the International Monetary Fund (IMF), which believes that the Indonesian government lacks sincerity in implementing the 43 points agreed upon in a letter of intent signed by Coordinating Minister for the Economy, Finance and Industry Kwik Kian Gie, who has been widely held responsible for this delay. Is Kwik then going to be replaced?

200 meningitis cases during Haj

200 meningitis cases during Haj RIYADH (AFP): Saudi Arabia's health ministry denied on Wednesday there was an epidemic of meningitis in the kingdom after nearly 200 people had been diagnosed with the illness since the annual Muslim pilgrimage, or Haj, last month. A ministry statement carried by the official SPA news agency said pilgrims coming from abroad who were carrying vaccination papers but who had not been properly vaccinated had been diagnosed with the illness.

China hails bilateral ties with Indonesia

China hails bilateral ties with Indonesia JAKARTA (JP): Chinese President Jiang Zemin and Prime Minister Zhu Rongji congratulated President Abdurrahman Wahid on Wednesday for long-standing bilateral diplomatic relations which have survived ups and downs. A release from the Chinese Embassy made available to The Jakarta Post quoted Jiang as hailing the traditional friendship between the two countries which has lasted 50 years.

CEN gets ISO 9002

CEN gets ISO 9002 JAKARTA (JP): Freight forwarding and courier service company PT Cardig Express Nusantara (CEN) announced on Wednesday it received ISO 9002 certification from PT Sucofindo. CEN's president Djattie Soedradjat said the certification reflected the company's ability to meet the quality service standards set by the International Standardization Organization (ISO).

Sports bodies need new concepts to lure sponsors

Sports bodies need new concepts to lure sponsors JAKARTA (JP): Due to the difficult situation arising from the inability of the government to provide funds for sports development, sports organizations are having to raise money by soliciting sponsorships. The problem is how to develop a concept which will interest companies to contribute substantial sums of money for sports?