Indonesian Political, Business & Finance News

Archive: 31 May 2000

56 articles found

KL, Japan sign LNG deal

KL, Japan sign LNG deal KUALA LUMPUR (Reuters): Petronas's Malaysia LNG Tiga signed a $6 billion deal on Tuesday to supply up to 1.6 million tons of liquefied natural gas (LNG) to three Japanese end users.

50 schools to hold makeup exams

50 schools to hold makeup exams JAKARTA (JP): Students at 50 senior high schools in the city will have to take a makeup examination next week after the leaks of last week's nationwide final examination (Ebtanas), an official said on Tuesday.

Government to open up telecom sector by 2002

Government to open up telecom sector by 2002 JAKARTA (JP): The government is considering lifting the exclusive rights held by state-owned telecommunications monopoly PT Telkom and PT Indosat by 2002 as part of the liberalization program of the country's telecommunication sector, a senior official...

Ericsson launches WAP phone

Ericsson launches WAP phone JAKARTA (JP): Sweden-based mobile telecoms company Ericsson Indonesia launched on Tuesday its first Wireless Application Protocol (WAP) mobile telephone, the Ericsson R320s.The company said customers using the post paid billing service from the country's GSM operators...

Building for witness protection

Building for witness protection JAKARTA (JP): City police chief Maj. Gen. Nurfaizi officially opened a two-story building at city police headquarters on Tuesday to be used as a shelter for witnesses under police protection.

Improvement of bureaucracy needed

Improvement of bureaucracy neededFrom RepublikaSome time ago President Abdurrahman Wahid said that the government would issue a new identity card valid for 10 years. I agree to this plan. But I would like to suggest that the procedures needed to get ID cards should be improved.

Violent demonstration

Violent demonstrationFrom Jurnal IndonesiaI am perplexed by the latest actions of the university students. Why did they become increasingly violent, attack the apparatus and burn their vehicles? That should not be done by students who may be labeled as intellectuals.

Two armed robberies leave one dead, three injured

Two armed robberies leave one dead, three injured JAKARTA (JP): The capital on Tuesday witnessed at least two armed robberies in which one person was killed and three others were injured by gunshot.Police detectives were busy until late in the evening trying to locate the suspects.

Police plan reshuffle

Police plan reshuffle JAKARTA (JP): Three senior officers at the Jakarta Police will be promoted along with 51 other middle-ranking police officers across the country in a mass reshuffle of the force beginning in early June.

Rupiah weakens as stocks rebound

Rupiah weakens as stocks rebound JAKARTA (JP): The rupiah weakened further on Tuesday but stock prices managed to rebound in late trading after a significant drop in the morning session.Foreign exchange dealers said lingering negative sentiment due to the unstable social and political situations...

Each action has consequences

Each action has consequences I read with interest the lead article in Sunday's edition of The Jakarta Post, (May 28, 2000) titled Govt must change tourism policy.I agree wholeheartedly with the statements in the article about the need for the government to change its policies in areas such as...

Plantation firms told to return disputed land

Plantation firms told to return disputed land JAKARTA (JP): President Abdurrahman Wahid, popularly known as Gus Dur, has instructed state owned plantation companies to return some 40 percent of land taken by force or bought at unfair prices from local people in the past.

Conversion Rates

Conversion RatesBank Indonesia's conversion rates on May 30, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 8,170.00 9,170.00Australian dollar 1 4,689.58 5,272.75Austrian schilling 1 549.50 616.96Belgian franc 1 187.44 210.45Brunei dollar 1 4,712.46 5,292.32Canadian dollar 1 5,443.

Legislator sues Bulog chief for slander over scam

Legislator sues Bulog chief for slander over scam JAKARTA (JP): House of Representatives (DPR) legislator Suko Sudarso filed a defamation suit against National Logistics Agency (Bulog) chief Rizal Ramli with the National Police Headquarters on Tuesday over his accusation of the legislator's...

Former E. Timor troops resettled

Former E. Timor troops resettled KUPANG, East Nusa Tenggara: Some 2,600 East Timorese former soldiers who have been living in refugee camps in East Nusa Tenggara will receive vocational training and join the transmigration program.Col.

Malaysia urges SE Asia to rethink AFTA car plan

Malaysia urges SE Asia to rethink AFTA car plan KUALA LUMPUR (Reuters): Malaysia urged its Southeast Asian neighbors on Tuesday to reconsider plans to open the region's car markets as liberalization could hurt its two domestic producers.

Another bomb found in Medan, car wrecked by blast in Nganjuk

Another bomb found in Medan, car wrecked by blast in Nganjuk MEDAN, North Sumatra (JP): Acts of terror following another bomb attack in Medan on Tuesday escalated after another explosive device was found near the city and a vehicle was destroyed in a suspected grenade explosion in the usually quiet...

TNT opens depot in Serang

TNT opens depot in Serang JAKARTA (JP): PT TNT Indonesia, an express distribution and logistics company, had opened new depot at Cikande Industrial Estate in Serang, West Java, in a bid to expand its market to the nearby coverage area.

If you love animals, say it with the arts

If you love animals, say it with the arts YOGYAKARTA (JP): "Humanizing animals" might be the right way to describe the three-dimensional installations of Bunga Jeruk currently displayed at the Indonesian-French Institute (LIP) in Yogyakarta.

Roche told to pay Rp 281b in compensation payments

Roche told to pay Rp 281b in compensation payments JAKARTA (JP): The South Jakarta District Court issued a final verdict on Tuesday requiring multinational pharmaceutical company PT Roche Indonesia to pay Rp 281 billion (about US$33.

Govt to boost tax revenue to 16% of GDP by 2004

Govt to boost tax revenue to 16% of GDP by 2004 JAKARTA (JP): Minister of Finance Bambang Sudibyo said on Tuesday that tax revenue must be increased to 16 percent of gross domestic product (GDP) by 2004 from the 11.

No school principal?

No school principal? Of the one thousand elementary schools in Bandung, two hundred are without a principal. "This is serious and quite disturbing," said Kusmeni Hartadi, as reported in Pikiran Rakyat on May 20, 2000.

Vested interests in national exams

Vested interests in national examsBy Mayling Oey-Gardiner and Peter Gardiner JAKARTA (JP): This is the time of year when millions of elementary and secondary students take the national end-of-cycle examinations known as Ebtanas.

Aceh accord bodies plan meeting to lay ground rules

Aceh accord bodies plan meeting to lay ground rules JAKARTA (JP): Two joint committees established under the Aceh accord signed by the Indonesian government and Free Aceh Movement (GAM) will hold their first meeting in Banda Aceh on Wednesday to set up the ground rules for implementing the Joint...

Container port workers threaten to go on strike

Container port workers threaten to go on strike JAKARTA (JP): Workers of the Jakarta International Container Terminal (JICT) in Tanjung Priok seaport, North Jakarta, on Tuesday threatened to go on another strike on June 5, if the JICT management continued with its restructuring plan.

Former officials claim innocence

Former officials claim innocence SURABAYA: Two former officials of East Java province are denying involvement in the Marsinah murder case, saying they were victims of misleading information.The two officials, the province's former police chief Maj. Gen. (ret.

Exxon/Mobil sticks by RI despite violence

Exxon/Mobil sticks by RI despite violence KUALA LUMPUR (Reuters): Exxon/Mobil Corp will not pull out of Indonesia or scale back investments due to violence in Aceh province where eight of its workers were briefly held hostage at the weekend, a senior official said on Tuesday.

TV Program: Wednesday, May 31, 2000

TV Program: Wednesday, May 31, 2000TVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Songs 8:30 Music 9:00 Interval 2:00 p.m. News 2:30 Children's Program 3:00 Documentary 3:30 Music 4:00 News 4:30 Music 5:30 TVRI News 6:30 Fashion 7:00 Evening News 7:30 TV Drama 8:00 Sports 8:30 Talk...

Boleh Net's joint venture

Boleh Net's joint venture JAKARTA (JP): Internet company PT Boleh Net Indonesia announced on Tuesday that it would establish a joint venture company with UIN.com from Korea to benefit from the growing demand of Internet users in Indonesia.The company said in a statement that UIN.

Young shuttlers vow to join Thomas Cup team

Young shuttlers vow to join Thomas Cup team JAKARTA (JP): The national men's team's victory of bringing home the Thomas Cup four consecutive times and 12 times in history of the coveted cup has motivated young shuttlers to follow in their seniors' steps.

Report on Bank Central Asia: Setting the record straight

Report on Bank Central Asia: Setting the record straightBy Irma Stamboel JAKARTA (JP): There are several misconceptions related to the analysis contained in the equity research report on Bank Central Asia prepared by its lead underwriter PT Danareksa, as reflected in the article by Melville S.

Lista admits links with Soemarjono

Lista admits links with Soemarjono SURABAYA (JP): Another suspect in fake money scandal, Lista Andriyani, admitted on Tuesday to involvement in fake money business with the main suspect Col. (Ret.) Soemarjono.

Febi, Hendri get contract extension

Febi, Hendri get contract extension JAKARTA (JP): Young Indonesian tennis players Febi Widhiyanto and Hendri Susilo Pramono will receive an extension of their contract with German-based PT Asuransi Allianz Life Indonesia for the 2001 period.

Where to go in Surabaya, for Wednesday, May 31, 2000

Where to go in Surabaya, for Wednesday, May 31, 2000Exhibition * Fine Arts Exhibition: Sisi-sisi Surabaya 2000, at CCCL - French Cultural Center, Jl. Darmokali 10, May 31.Performance * Oranje First Annual Choir Competition, at Balai Adika Balroom, Hotel Majapahit, Mandarin Oriental, 6 p.m. to 9 p.m.

KONI to sanction PRSI Jambi chapter

KONI to sanction PRSI Jambi chapter JAKARTA (JP): The training director for the 2000 Olympic Games, Arie Sudewo, is considering imposing a sanction on the Jambi chapter of the National Swimming Federation of Indonesia (PRSI) for sending its women's swimmer Elsa Manora Nasution to the United States...

Ayam Merak's promotion

Ayam Merak's promotionFrom Media IndonesiaEach pack of Ayam Merak coffee I buy from my neighborhood warung states: "Exchange three signed wrappers of this product for one box of Megah instant noodles". But in reality, the promotion is nonsense. It is impossible to make the exchange.

Suspect's lawyer warns police

Suspect's lawyer warns police PURWOKERTO, Central Java: Lawyer Arief Budi Cahyono warned police on Tuesday of "unwanted disturbances" in Purwokerto if a suspect in the case of a foiled land appropriation is not released.

Direct election of House members supported

Direct election of House members supported JAKARTA (JP): All People's Consultative Assembly factions, except for the Indonesian Military (TNI)/Police faction, during committee meetings here on Tuesday agreed that all of the House of Representatives must be directly elected through a general...

Soeryadjaya family returns to Astra

Soeryadjaya family returns to Astra JAKARTA (JP): After an absence of eight years, the founding family of PT Astra International marked on Tuesday its return to the company with the appointment of Edwin Soeryadjaya as an Astra commissioner.

No paper

No paper In observance of the Ascension Day of Jesus Christ, The Jakarta Post will not be published tomorrow. The Post will appear again on Friday. -- Publisher

JP/12/K16

JP/12/K16 provider in Florida Ingrid's little boy was growing fast. Soon he would have to go to preschool. She started looking around for a good one. Ingrid found many schools in Jakarta but none that really satisfied her expectations.

Not only terror

Not only terror Just to freshen our memories, the bomb blasts in Medan resemble the one at Istiqlal Mosque (in Jakarta) in April last year. Subsequently, the cathedral in Jakarta, state television station TVRI and several other offices in Jakarta also received bomb threats.

Satelindo restructures $583 million debt

Satelindo restructures $583 million debt JAKARTA (JP): PT Satelit Palapa Indonesia (Satelindo) signed agreements on Tuesday to restructure US$583 million in debts to more than 45 foreign and local creditors, including the Indonesian Bank Restructuring Agency (IBRA).

Focusing on maintenance of medical equipment

Focusing on maintenance of medical equipment JAKARTA (JP): The high cost of repairing damaged medical equipment is due to a lack of qualified maintenance personnel, officials say.An executive at the Directorate General of Medical Care under the Ministry of Health, Ronald Hutapea, said on Tuesday...

Jakarta and Dili 'should develop trade ties'

Jakarta and Dili 'should develop trade ties' JAKARTA (JP): Indonesia and East Timor should develop trade relations for their mutual benefit, head of the United Nations Transitional Administration in East Timor (UNTAET) said on Tuesday.

Gus Dur told to explain Bulogate

Gus Dur told to explain Bulogate JAKARTA (JP): President Abdurrahman Wahid must disclose any information he may have surrounding the Rp 35 billion scandal at the State Logistics Agency (Bulog) if he wants to keep his credibility, House Speaker Akbar Tandjung said on Tuesday.

North Maluku conflict continues

North Maluku conflict continues AMBON, Maluku (JP): Tension gripped Galela district on Halmahera island in North Maluku on Tuesday, as sporadic attacks on several villages continued despite tighter security in the area.

Bulogate

Bulogate The resignation of Bondan Gunawan as a close aide to President Abdurrahman Wahid raises more questions than it provides answers to the mystery surrounding the scandal at Bulog, the State Logistics Agency. A person who professes to be innocent usually stands up for his rights.

Surcharge for taxi?

Surcharge for taxi? How long have the Soekarno-Hatta Airport authorities been imposing a Rp 10,500 surcharge to take a taxi from the airport? I wondered what was happening recently when police moved a Bluebird taxi at the departure gate, which I was about to take having seen off friends.

Government told to improve performance

Government told to improve performance BANDUNG (JP): A political observer has warned that the government must improve its performance and be more responsive to criticism.Indria Samego of the National Institute of Science (LIPI) said after speaking at a one-day seminar on Democratized Communication...

RI maid was 'forced to live in cage'

RI maid was 'forced to live in cage' KUALA LUMPUR (AFP): An Indonesian maid was forced to live in a caged area in the backyard of her Malaysian employer's home for 30 months and was not paid for seven years, reports said Tuesday.

Agus Isrok trial delayed over alleged fake dossier

Agus Isrok trial delayed over alleged fake dossier JAKARTA (JP): A military court suspended on Tuesday the hearing session of drug suspect Second Lt. Agus Isrok after his lawyers told the court that they suspected a ploy behind the police's investigation over the case.Presiding judge Col.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on May 30, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 725 0 0 Adindo Foresta Indonesia 300 0 383,500 Alakasa Industrindo 950 0 0 Alfa Retailindo 850...

RP to release Chinese fishermen

RP to release Chinese fishermen MANILA (AP): The Philippine government will release seven Chinese fishermen arrested after a coast guard ship killed their skipper in an exchange of gunfire, foreign secretary Domingo Siazon said on Tuesday.

Most of bond proceeds for expansion

Most of bond proceeds for expansion JAKARTA (JP): Publicly listed food giant PT Indofood Sukses Makmur will use most of the proceeds from the issuance of its Rp 1 trillion (about US$125 million) bonds to finance its expansion projects, the company's top executive said on Tuesday.

Asia-Europe meeting showcases realities and prospects

Asia-Europe meeting showcases realities and prospects This is the second of two articles by the former foreign minister of 1988-1999, Ali Alatas, based on a presentation at the 30th anniversary of the Indonesia-Germany Economic Association in Jakarta on May 17.