Indonesian Political, Business & Finance News

Archive: 17 June 2000

47 articles found

Centris pays dividend

Centris pays dividend JAKARTA (JP): Shareholders of publicly listed taxi operator PT Centris Multipersada Pratama approved on Friday the management proposal to distribute a dividend of Rp 6 (about one-tenth of a U.S. cent) per share for the 1999 fiscal year. The listed company booked a net profit of Rp 570 million in 1999, as compared to a net loss of Rp 10.4 billion the previous year, despite a lower increase in its operating income.

Foreign women face deportation

Foreign women face deportation JAKARTA (JP): Eighteen female aliens from China and Vietnam, arrested on Tuesday for illegally working at karaoke bars here, will be deported soon, an official said on Friday. "They will be deported soon after their airplane tickets are ready," director of immigrant control at the Directorate of Immigration Muhammad Indra said in a news release.

Scalpers earn more under new test system

Scalpers earn more under new test system JAKARTA (JP): A new computerized system used in tests for all diving license applicants has failed to meet its target as many of the computer-illiterate applicants prefer to use the service of scalpers, an officer said on Friday. "They (the applicants) even confused the computer with a typewriter or a television," Jakarta Police chief Maj. Gen. Nurfaizi told reporters.

Observers say TNI reshuffle politically motivated

Observers say TNI reshuffle politically motivated JAKARTA (JP): Observers said on Friday that the latest Indonesian Military (TNI) reshuffle was politically motivated to purge hardline elements from the institution. Political observer J. Kristiadi contradicted the official line that the shakeup was purely for professional reasons. Kristiadi claimed it evident that the reshuffle was aimed at cutting out a clique linked to certain top brass.

Molesting teacher arrested

Molesting teacher arrested UNGARAN, Central Java: Police here have arrested an elementary school teacher for allegedly molesting two nine-year old students. Police arrested Suudarmin, 45, a teacher at a Catholic School in Jambu district, Semarang regency, on Thursday soon after the parents of the two students reported the case.

Car sales jump by 31% in May

Car sales jump by 31% in May JAKARTA (JP): Domestic sales of four-wheeled drive vehicles surged 31 percent in May to 27,304 units from 20,772 units the previous month, according to the latest report from the Association of Indonesian Automotive Industries (Gaikindo). Sales of passenger cars in May rose to 4,614 units from 3,458 units in April, while commercial car sales increased to 22,692 from 17,314 last month.

CPO exports to India to fall by 50% due to higher duty

CPO exports to India to fall by 50% due to higher duty JAKARTA (JP): Indonesia's exports of crude palm oil (CPO) products to India might fall by 50 percent to merely 500,000 tons this year from one million tons last year due to the impact of India's decision to raise import duty on CPO products, the association of Indonesian palm oil producers said on Friday.

Historic summit is just a start

Historic summit is just a start SEOUL: President Kim Dae-jung returned home yesterday after his three-day, two-night visit to Pyongyang. In addition to the symbolic significance as the first North Korea visit by a Southern head of state, Kim's just concluded trip to the North Korean capital was epoch-making in many practical ways.

Police destroy 209 kgs of marijuana

Police destroy 209 kgs of marijuana JAKARTA (JP): Along with ulemas and anti-drug activists, city police chief Maj. Gen. Nurfaizi destroyed on Friday 209.8 kilograms of marijuana confiscated from two separate raids on a single day in March. Flanked by three ulemas attired in traditional white clothes, Nurfaizi burned several kilograms of the dried ganja (marijuana) in a half-cut drum in the parking lot in front of the police detectives office.

House to support bill on rights court

House to support bill on rights court JAKARTA (JP): House of Representatives Speaker Akbar Tandjung confidently asserted on Friday that the House would endorse a bill establishing a human rights court on July 20. Akbar made the comment during a meeting with a team of lawyers representing military and police officers in the East Timor investigation. The team was led by former Minister of Justice Muladi.

Motorcycle theft ring arrested

Motorcycle theft ring arrested SALATIGA, Central Java: Police here have arrested six men believed to be part of a motorcycle theft ring in the area. Salatiga Police Chief Lt. Col. A. Sitanggang identified three who were allegedly responsible for stealing the vehicles as Agus Pranoto, 18, Wiwin, 22, and Jumadi, 24. While the three other men -- Johan, Suwarso and Kasiran -- were allegedly the recipients of the vehicles and were charged with selling the stolen items.

House speaker downplays need to check Abdurrahman's health

House speaker downplays need to check Abdurrahman's health JAKARTA (JP): House of Representatives Speaker Akbar Tandjung has objected to proposals to establish an independent team of doctors to examine President Abdurrahman Wahid's mental and physical state of health. Akbar, who is also Golkar chairman, said he did not see a need as the President has a complete team of physicians to monitor his health.

TV today

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

Suspects named in exam leaks

Suspects named in exam leaks JAKARTA (JP): At least eight Ministry of National Education staff members have been identified as the source of the leak of the nationwide senior high school final examinations (Ebtanas). Minister of National Education Yahya Muhaimin claimed that apart from money, the mastermind of the plan was motivated by revenge after being removed from his previous "lucrative" post at the ministry.

No proof of massacre at Tanjung Priok: Djoko

No proof of massacre at Tanjung Priok: Djoko JAKARTA (JP): The National Commission on Human Right (Komnas HAM) announced on Friday that it had found no evidence of intentional mass killings or burials in the 1984 Tanjung Priok bloody shootings in North Jakarta. The commission, led by chairman Djoko Soegianto, reported its final conclusion of the incident to the House of Representatives.

Court asked to continue Pande's trial

Court asked to continue Pande's trial JAKARTA (JP): Prosecutor Tarwo Hadi Sadjuri asked the South Jakarta District Court on Friday to continue the trial of Pande Lubis, one of the defendants in the high profile Bank Bali corruption scandal. Pande was the former deputy chairman of the Indonesian Bank Restructuring Agency (IBRA), which has been established to control and manage nationalized and closed banks and debt defaulters.

Medical find put Batavia on the map

Medical find put Batavia on the map By Ida Indawati Khouw The following is the 43rd in a series on protected buildings and sites appearing in Saturday editions of The Jakarta Post. This week's report highlights two buildings that played significant roles in the country's medical development, the central figure of which is Dutch doctor Christiaan Eijkman, who discovered vitamin B1 deficiency.

Councillors raise Rp 100m for Bengkulu

Councillors raise Rp 100m for Bengkulu JAKARTA (JP): Members of the City Council forked out their own money to help victims of the devastating earthquake in Bengkulu. The total sum of Rp 100 million raised was presented to Bakhsir, the head of the Bengkulu representative office in Jakarta, by council chairman Edy Waluyo on Friday. Each of the 81 ordinary members donated Rp 1 million while the four members of the council's leadership board jointly raised Rp 19 million. (06)

Tempo announces dividend

Tempo announces dividend JAKARTA (JP): Publicly listed pharmaceutical and cosmetics producer PT Tempo Scan Pacific said on Friday it had obtained approval from shareholders to pay a dividend of about Rp 22.5 billion, or Rp 50 per share for the 1999 financial year. The annual shareholders meeting also approved the company's new composition of the board of commissioners. Serving as the chief of the board is Dian P.

Council chides Sutiyoso over budget shortfalls

Council chides Sutiyoso over budget shortfalls JAKARTA (JP): While praising the administration for exceeding its budgetary targets, city councillors took Jakarta Governor Sutiyoso to task on Friday over the shortfalls in some of the revenues during the 1999/2000 fiscal year. The administration said total revenues reached Rp 1.69 trillion (US$198 million) during the year ending March 31, or 25.6 percent higher than the Rp 1.35 trillion target.

Unity and integrity vital

Unity and integrity vital From Neraca In this era of driving globalization, we should make serious endeavors to maintain our economic stability. Otherwise, our economy will be in chaos. Many people are disillusioned by individual or group interests, and, thus, ignoring the need for unity and integrity. Unity and integrity are needed in facing any issue and in the effort to find its solution. Succeeding generations will also benefit from a solid front of unity and integrity.

Robust growth hits Asia's trade surplus

Robust growth hits Asia's trade surplus SINGAPORE (Reuters): Asia's overall trade surplus position is deteriorating as stronger than expected growth numbers translate into higher imports, according to a Reuters survey of 122 economists around the region. Signs the 10-year run of economic expansion in the United States might be coming to an end are making economists cautious on the export front but the quid pro quo is a likely rise in intra-regional trade as growth continues apace.

Indonesia unwilling to be controlled by the West: Gus Dur

Indonesia unwilling to be controlled by the West: Gus Dur ISLAMABAD, Pakistan (JP): President Abdurrahman said on Thursday that Jakarta remained committed to an independent foreign policy and was unwilling to prostrate to the West.

Police to use new rank system

Police to use new rank system JAKARTA (JP): The National Police will change its military- style ranking terminology to an internationally recognized system by July 1, an officer said on Friday. "We will change general to commissioner, lieutenant general to deputy commissioner, major general to assistant commissioner, and brigadier general into commandant," National Police spokesman Brig. Gen. Dadang Garnida said as quoted by Antara news agency.

Malaysia to promote palm oil as engine fuel

Malaysia to promote palm oil as engine fuel KUALA LUMPUR (DPA): Malaysia, the world's biggest producer of palm oil, said Friday that it plans to promote the use of the vegetable oil as an environmentally friendly engine oil, a move that would also help it reduce its large stockpile. Primary Industries Minister Lim Keng Yaik said he hopes that by developing palm oil as an alternative engine fuel, the current stockpile could be reduced by half a million tons, which would help boost prices.

Multipolar has new executives

Multipolar has new executives JAKARTA (JP): Shareholders of PT Multipolar Corporation have approved the appointment of Jeffrey Koes Wonsono as the new chief commissioner of the company replacing Roy E. Tirtadji. The annual shareholders' meeting, held early this week, also approved the appointment of Handoko Anindya Tanuadji as the company's new president. Multipolar posted a net profit of Rp 1.1 billion in 1999, swinging from a net loss of Rp 221.2 billion the previous year.

Bondan not involved in Bulogate: Marzuki

Bondan not involved in Bulogate: Marzuki JAKARTA (JP): Attorney General Marzuki Darusman cleared former state secretary Bondan Gunawan on Friday of any wrongdoing in the Rp 35 billion State Logistics Agency (Bulog) scandal. Marzuki explained that from Bondan's clarification to prosecutors and an assessment made by National Police chief Gen.

Major TNI reshuffle announced

Major TNI reshuffle announced JAKARTA (JP): The Indonesian Military (TNI) unveiled on Friday the third major reshuffle within eight months of the new government. A total of 122 middle and senior officers with several notable figures in the Army, including five regional military commanders, the Army's territorial assistant and Army's Special Force (Kopassus) commander, were promoted, rotated or given no assignments ahead of their retirement. According to a decree signed by TNI Commander Adm.

Privatization to 'go on despite sluggish market'

Privatization to 'go on despite sluggish market' JAKARTA (JP): The government will continue with its privatization program despite the present sluggish market, a senior government official said on Friday. Deputy to State Minister of Investment and State Enterprises Development I Nyoman Tjager said the privatization of 10 state firms would proceed as scheduled.

European Union-Indonesia hold first-ever political dialog

European Union-Indonesia hold first-ever political dialog JAKARTA (JP): The European Union and Indonesia have completed their first-ever ministerial political dialog. A statement issued by the Indonesian foreign ministry here on Friday said that the dialog had taken place in Luxembourg on Wednesday and had ended with an agreement to hold regular political dialogs through ministerial and senior official meetings as well as informal consultations.

Governor queries FPI raids on nightspots

Governor queries FPI raids on nightspots JAKARTA (JP): Governor Sutiyoso questioned on Friday the effectiveness of the actions by the Islamic Defenders Front (FPI), which recently raided a number of city nightspots. "They do not have the authority to raid the nightspots. And it's still questionable whether their actions are effective in curbing any vice activities in the city," the governor told reporters at City Hall on Friday.

Experts find enzyme to control termites

Experts find enzyme to control termites By Joko Sarwono BOGOR, West Java (JP): Researchers from the Bogor Institute of Agriculture (IPB) have discovered a natural nontoxic compound to control termites. Declining to name the compound on the grounds that it is being patented, they say they hope the substance can be mass produced to replace chemical pesticides that pollute the environment.

Reshuffling TNI

Reshuffling TNI The changes in the leadership of the Indonesian Military (TNI) as announced on Friday proved to be somewhat of an anticlimax for most political pundits. Most of their predictions, which kept the media busy over the past week, turned out to be widely off the mark. All in all, the 102 changes look very much like an ordinary military tour of duty.

Where to go in Jakarta: Saturday, June 17, 2000

Where to go in Jakarta: Saturday, June 17, 2000 Exhibitions * Painting Exhibition by Tsubasa and Nasution, Pusat Kebudayaan Jepang - The Japan Foundation, Summitmas I, Jl. Jend. Sudirman Kav. 61-62 South Jakarta (Phone: 5201266), Monday to Friday 10 a.m. to 4 p.m., Saturday 10 a.m. to 12:30 p.m., June 17. * Painting Exhibition: We All Care, by Guruh Soekarnoputra, Nyoman Gunarsa, etc., Hotel Shangri-La, Jl. Jend. Sudirman Kav. 1., 10 a.m. to 10 p.m., until June 18.

Doing away with leaded gasoline

Doing away with leaded gasoline From Media Indonesia We agree that leaded gasoline must be immediately done away with both because it may lower the I.Q. level of a child and also because its continued presence will lead to the concentration of lead reaching 1.7 - 3.5 microgram per cubic meter in the year 2000. At this level lead will poison a fetus as it accumulates in the bones and later gets into blood circulation.

Sjahril claims board of governors support him

Sjahril claims board of governors support him JAKARTA (JP): The embattled Bank Indonesia Governor Sjahril Sabirin said on Friday that the board of governors has decided to retain him as the governor of the central bank despite his current status as a suspect in the high profile Bank Bali scandal. Sjahril said that in a late Wednesday meeting, the board concluded that his current status so far didn't affect his ability to lead the central bank.

Pondering the paradox of Wijasti

Pondering the paradox of Wijasti By Wawan S. Husin BANDUNG (JP): From June 3 to June 6, Actors Unlimited of Bandung again came up with a new product after their Dario Fo's Anarki Itu Mati Secara Kebetulan last March. Founded last year, Actors Unlimited performed their sixth production by staging Senja Dengan Dua Kematian (The Sunset with Two Deaths) composed by Yogyakarta-born script writer Kirdjomuljo (l930-2000). The Sunset with Two Deaths tells a very simple story.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on June 16, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 675 0 0 Adindo Foresta Indonesia 325 0 1,913,000 Alakasa Industrindo 675 0 0 Alfa Retailindo 875 50 767,500 Alter Abadi 150 25 2,500 Alumindo Light Metal 1,025 -25 1,500 Aneka Kimia Raya 300 0 20,500 Aneka Tambang (Persero) 1,050 25 206,000 Anwar Sierad 300 0 0 APAC Centertex Corp.

Provincial legislative body dismisses Aceh governor

Provincial legislative body dismisses Aceh governor BANDA ACEH, Aceh (JP): Ramli Ridwan, a senior staff member at the Ministry of Home Affairs, has been named the acting governor of Aceh in place of Syamsuddin Mahmud, who went out following a vote of no confidence from the provincial legislature recently. A presidential decree dated June 7 approved Syamsuddin's substitution and the hand-over ceremony of the gubernatorial post has been set for June 21.

Big hotels fete 473rd anniversary of Jakarta

Big hotels fete 473rd anniversary of Jakarta JAKARTA (JP): The Sahid Jaya and Borobudur hotels plan to hold special events, including live entertainment and fashion shows, to mark Jakarta's 473rd anniversary which falls on Thursday. Other hotels are joining in on a more modest scale, while hostels along Jl. Jaksa, which cater mostly to foreign backpackers, have again decided to miss out on celebrations this year.

Weighing the costs and benefits of separation from RI

Weighing the costs and benefits of separation from RI Outside powers are no longer interested in separatist causes in Indonesia, says historian Merle Calvin Ricklefs, a professor of Asian Studies and director of Melbourne Institute of Asian Languages and Societies at the University of Melbourne. Below is an excerpt from an e-mail interview with The Jakarta Post: Question: How much greater is the prospect for or threat of disintegration of Indonesia today?

Most Asian monies down in late trading

Most Asian monies down in late trading SINGAPORE (Dow Jones): Position squaring ahead of the weekend damped Asian currencies late Friday, with the South Korean won feeling the brunt of the local stock market's relentless slide, dealers said. And with the historic summit between the two Koreas that ended Thursday out of the way, investors reverted their attention to the woes plaguing South Korean companies.

Teacher honored for formula

Teacher honored for formula SEMARANG: Elementary school teacher Sugeng has been presented with the Central Java-Yogyakarta 2000 Television Journalist Figure (IJTI) Award for inventing the "magical" square mathematics formula. He was among the 16 people awarded on Friday for their commitment and dedication in the educational and cultural field. According to the Award's committee chief, Meizon Triyanto, the figures were also chosen for their sincerity and modesty.

West Java insists on sending Olympic shuttlers to PON

West Java insists on sending Olympic shuttlers to PON BANDUNG (JP): The West Java chapter of the National Sports Council (KONI) still sent its Olympics qualified shuttlers to compete in the upcoming 15th National Games (PON) in Surabaya next week. The chapter chairman Dedem Ruchlia urged the shuttlers not to be emotional and boycott the quadrennial event due to the ban letter issued by the Badminton Association of Indonesia (PBSI) earlier this month.

Three provinces to dominate PON tennis

Three provinces to dominate PON tennis JAKARTA (JP): Tennis observer Benny Mailili predicted Friday three provinces would clean up gold medals at stake at the 15th National Games (PON) in Surabaya next week due to the domination of the provinces. "All seven golds on offer will likely be taken by Jakarta with an estimation of four golds, West Java one and East Java two.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on June 16, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

Golkar supports reshuffle demand: Akbar Tanjung

Golkar supports reshuffle demand: Akbar Tanjung JAKARTA (JP): Golkar will offer a list of underachieving ministers if President Abdurrahman Wahid goes ahead with his plan to shake up his Cabinet, the party's chairman, Akbar Tandjung, said on Friday.