Indonesian Political, Business & Finance News

Archive: 17 July 2000

43 articles found

Brunei aims to become regional financial hub

Brunei aims to become regional financial hub BANDAR SERI BEGAWAN (AFP) - Brunei's Sultan Hassanal Bolkiah announced Saturday his kingdom has established a financial center aimed at making the oil-rich state a regional hub. The Brunei International Financial Center "is designed to make our nation state as the financial center for monetary sector, banks, security and insurance," he said in a speech to mark his 54th birthday.

Nine dead, scores injured in Ambon trail of violence

Nine dead, scores injured in Ambon trail of violence AMBON, Maluku (JP): A trail of violence in Ambon left at least nine people dead and scores injured on Sunday as security forces seemed helpless to stop rioters despite the enactment of the civil emergency status. Two of those killed on Sunday were a woman named Desy Tanga and a four-year-old girl Novita Loupatty who had sought refuge in a house in Batu Gantung Dalam, which was blasted with mortars. Data gathered from Dr.

TMII benefits from long school holiday

TMII benefits from long school holiday JAKARTA (JP): The two-week-long school break has benefited the Taman Mini Indonesia Indah theme park in East Jakarta, an official said on Saturday. "We estimated there were nearly 750,000 visitors during the school break. It's such a relief that visitors still choose our theme park," Taman Mini spokesman Dandoel Hardoyono told The Jakarta Post at his office. "Most of our visitors were from middle and lower income brackets.

Indonesia needs to expand local share of gas reserves

Indonesia needs to expand local share of gas reserves By Berni K. Moestafa JAKARTA (JP): Indonesia is the first country to export liquefied natural gas (LNG) and is currently the biggest LNG exporter, making up 30 percent of the world's LNG trade. According to data issued by state oil and gas company Pertamina, Indonesia exported 26.35 million tons of LNG in 1988, followed by Algeria with 18.2 million tons and Malaysia with 14.2 million tons.

Makro establishes its tenth RI store in Medan

Makro establishes its tenth RI store in Medan JAKARTA (JP): Holland-based wholesale chain Makro opened its tenth outlet on Saturday in the North Sumatra capital of Medan, and said it was confident about the future of the country's economy. "We are bullish on Indonesia and we plan to build two or three more stores every year over the next five years," PT Makro Indonesia's president Matthijs van der Lely said during the store's opening ceremony.

Megawati against the federal state concept

Megawati against the federal state concept MAKASSAR, South Sulawesi (JP): Vice President Megawati Soekarnoputri said on Saturday she was opposed to the idea of turning Indonesia into a federal state. She said she was also very concerned at efforts being made by several provinces to separate from the Republic of Indonesia.

Zarina gives birth to baby girl

Zarina gives birth to baby girl JAKARTA (JP): Jailed Zarina Mirafsur gave birth to a healthy baby girl weighing 2.8 kilograms at Tangerang Hospital at 12:50 p.m. on Saturday. "The baby's very fair and has cute, slanty eyes. She's just beautiful and we hope the best for her," Zarina's sister Zamila said on Sunday. Her sister, Zamila said, suffered severe labor pains which lasted not more than an hour, after which she underwent a painful caesarean operation.

Indonesian maid falls from Singapore flat

Indonesian maid falls from Singapore flat SINGAPORE (Agencies): An Indonesian maid died after falling from a Singapore apartment, becoming the seventh foreign domestic helper to topple from a flat while cleaning windows since last year, it was reported on Saturday. Rini Suryanti died at the National University Hospital from severe injuries after falling from a third-story apartment belonging to her employer's sister, The Straits Times said. Police are investigating the incident.

Legislators: Only a few justices likely get approval

Legislators: Only a few justices likely get approval JAKARTA (JP): With two thirds of the 46 Supreme Court justice candidates screened by legislators on Sunday, early indications suggest that very few would likely be endorsed by the House of Representatives.

Utut bows out to Ye

Utut bows out to Ye JAKARTA (JP): Indonesian chess Grandmaster Utut Adianto bowed out to Chinese GM Ye Jiangchuan in the seventh leg of the sixth Tan Chin Nam Cup at the Hua Yuan hotel in Beijing on Saturday evening. Utut, playing black, used the Modern defense against Ye's e4 opening. "The 9..a6 and 10..b5 apparently was a bad plan. It would have been better to use the conventional way by waiting," he said, as quoted by Kritianus Liem by fax.

Legislators unite in call for calm

Legislators unite in call for calm JAKARTA (JP): All 11 factions of the People's Consultative Assembly (MPR) on Sunday declared a unified stance and vowed to reduce mounting political tension ahead of the Assembly's annual session in August. Faction leaders said, in a four-point statement, that the escalating political tension had created "uncertainties" that were detrimental to the country's effort to recover from multidimensional crisis.

ASEAN auto sales up sharply

ASEAN auto sales up sharply SINGAPORE (AFP): Sales of new vehicles in Southeast Asia's four biggest markets rose 68 percent year-on-year in the five months to May, an industry survey showed. Sales in Indonesia, Thailand, Malaysia and the Philippines totaled 367,333 units in the January to May period from 218,926 units sold a year earlier, according to Singapore-based Visteon, a global auto component maker.

Opportunities, challenges in mining investment

Opportunities, challenges in mining investment The following is based on the address of Noke Kiroyan, vice chairman of the Indonesian Mining Association, at the Indonesian Investment Summit on Mining and Energy, held in Jakarta on July 12. Kiroyan, the president director of Rio Tinto Indonesia, also chairs the Indonesia-Australia Business Council.

Stylus Photo 2000P for quality prints

Stylus Photo 2000P for quality prints By Zatni Arbi JAKARTA (JP): We have taken quite a close look at high-end photo printers from HP and Canon, so it would be unfair to Epson if we didn't check their newest photo printer, the Epson Stylus Photo 2000P. At a launch at the Hilton Hotel earlier this month, Mr. Elia Nagaria, business manager at PT Metrodata, shared technical data on Epson's new printer, of which there are a number of technological breakthroughs.

Policeman killed in South Aceh

Policeman killed in South Aceh BANDA ACEH, Aceh: Police Mobile Brigade (Brimob) Pvt. Iwan was shot dead by two men on Sunday morning while shopping at a village market in Kuta Fajar, South Aceh. His friend, Pvt. Indra, also suffered serious gunshot wounds and is being treated at Tapak Tuan General Hospital. "The attackers were two men riding a motorcycle who suddenly sprayed bullets at both officers," a police source said.

Car junkyards offer plenty to collectors

Car junkyards offer plenty to collectors JAKARTA (JP): In the eyes of classic car collectors, junkyards along Jl. Raya Depok and Jl. Raya Lenteng Agung in South Jakarta are considered a heaven for finding older cars and spare parts for vehicles. Interviewed recently by phone and at junkyards, customers from various backgrounds told The Jakarta Post that they were grateful for the locations.

KL vows to keep tabs on religious organization

KL vows to keep tabs on religious organization KUALA LUMPUR (Agencies): Malaysian Prime Minister Mahathir Mohamad said on Sunday the government would strictly monitor religious extremist groups after a July 2 arms heist by an Islamic cult sparked a security alert. "It has become a security issue and if left unchecked, it can jeopardize national unity and prosperity," Mahathir was quoted as saying by the national news agency Bernama.

New Order mentality still rife among elite politicians

New Order mentality still rife among elite politicians BANDUNG (JP): Members of the Indonesian political elite are still finding it difficult to change their New Order mentalities into reform ones as most of them were born and raised under the regime, a psychologist said here on Saturday. M. Enoch Markum of the University of Indonesia said that even politicians who were spurned by the New Order era could not rid themselves of practicing corruption, collusion and nepotism.

Local leaders give up on Matraman melee

Local leaders give up on Matraman melee JAKARTA (JP): Local community leaders in Matraman, Central Jakarta, have given up trying to end the destructive and bloody feud between two neighboring subdistricts in the area, which has been going on for some three decades. Contacted separately by The Jakarta Post on Sunday, most of the leaders and senior residents said that they are now totally helpless in stopping the continuing brawls between Palmeriam and Berlan residents.

Business in bloom early for flower traders

Business in bloom early for flower traders JAKARTA (JP): As the rest of the economy is still struggling to recover, the flower industry in the capital is blossoming with sales reaching the precrisis level of 1997. "We have seen signs of increasing demands for the commodity and we plan to intensify promotional activities," Bambang Wisanggeni, head of the Flower and Decorative Plant Promotion Center in Rawa Belong, West Jakarta, told The Jakarta Post on Saturday.

Malaysia prepares Asian Games bid

Malaysia prepares Asian Games bid KUALA LUMPUR (AFP): Malaysia will face its first test in its bid for the 2006 Asian Games when a high-powered foreign inspection team arrives here next week, officials said Sunday. A five-member team, led by the Olympic Council of Asia (OCA) vice-president Muhammad Latif Butt, will fly in Monday from New Delhi for a two-day visit, said Olympic Council of Malaysia secretary Sieh Kok Chi.

Megawati to open President Cup

Megawati to open President Cup JAKARTA (JP): Vice President Megawati Soekarnoputri is scheduled to open the 19th international amateur boxing President Cup at the Grand Bali Beach Hotel in Sanur, Bali, on July 27. Chairman of the organizing committee, Nyoman Sukesna, said as quoted by Antara that the championships would feature 168 boxers from 25 countries including Japan, Russia, England, India, Germany and Malaysia.

Irian Jaya hit by air strike

Irian Jaya hit by air strike WAMENA, Irian Jaya: Social and economic activities in remote parts of the Irian Jaya province have been paralyzed due to a week-long strike by pilots of missionary flights protesting a lack of airport safety. Antara reported on Saturday that the Mission Aviation Fellowship (MAF) had ceased operations out of its base airport here while airplanes of the Association Mission Aviation (AMA) have been grounded at the provincial capital of Jayapura.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Painting Exhibition Rampogan by Sri Warso Wahono, at Galeri Cipta II, Ismail Marzuki Cultural Center, Jl. Cikini Raya 73, Central Jakarta (Phone: 3154087), 10 a.m. to 9 p.m., until July 23. * Painting Exhibition: Lukisan Indonesia Satu Abad, at One Fine Art Galeri, Jl. Panjang 46, West Jakarta (Phone: 5321267, 5321268), 10 a.m. to 6 p.m., until August 8. * Painting Exhibition: Paysages De France by John Van Der Sterren, at CCF - French Cultural Center, Jl.

Smoke pollution prompts anger, fear in Malaysia

Smoke pollution prompts anger, fear in Malaysia KUALA LUMPUR (AFP): Smoke pollution from forest fires in Sumatra enveloped the Malaysian capital and several states on Sunday, sparking health fears and anger over the government's response. A thick smoky haze over Kuala Lumpur and several towns in the states of Selangor, Perak, Penang and Kedah on Saturday lingered as a grey film engulfed the landscape.

TV stations make life easier

TV stations make life easier I've noticed recently how much TV programs continuously change (if one is to go by the listing in The Jakarta Post). How many times I've looked forward to seeing a certain movie, only to find for example a special concert with Westlife or Cher or soccer in its replacement. At these times, I don't remember having seen a formal notification on the stations' part (as a courtesy), clarifying a change in programs.

Thailand to send more laborers abroad

Thailand to send more laborers abroad BANGKOK (DPA): Thailand's Labor Ministry expects to send up to 210,000 laborers abroad this year, with over half of them going to Taiwan, a news report said on Sunday. The ministry's deputy director of the employment department, Wanchai Phadungsupalai, said prospects for overseas employment for skilled Thai workers were good this year, especially in Taiwan, Singapore, Brunei, Israel and Malaysia, said The Bangkok Post.

'I have no intention to become PKB chairman': Alwi

'I have no intention to become PKB chairman': Alwi JAKARTA (JP): Alwi Shihab maintains that he has no intention of running for the chairmanship of the National Awakening Party (PKB). Claiming that he would not nominate nor promote himself for the position, Alwi said it would be difficult for him to reconcile between his current post as Foreign Minister and head of Indonesia's third largest party in the 1999 general election. Nevertheless a remark of conditionality was still implied.

Mosques consider entering telecom kiosk business

Mosques consider entering telecom kiosk business JAKARTA (JP): The Indonesian Council of Mosques is looking into the possibility opening telecommunication centers in the grounds of some of the 650,000 mosques spread across the country. Council head Sutarmadi said that apart from the spiritual, social and intellectual side of mosques that was already in evidence, Muslims should look at how mosques could also be utilized to help better the welfare of Muslims.

Irawati, Wukirasih win doubles title

Irawati, Wukirasih win doubles title JAKARTA (JP): Indonesian tennis doubles Irawati Moerid Iskandar and Wukirasih Sawondari won the US$10,000 Extra Joss Women's Circuit 3 at the Kemayoran tennis center after South Koreans Chae Kyung-yee and Jeon Mi-ra couldn't perform due to illness. Chae also failed to perform in the singles final, handing victory to compatriot Choi Jin-young.

Security dilemma for investors

Security dilemma for investors By Lesley McCulloch JAKARTA (JP): On Monday at the opening of the Jakarta International Energy Conference, President Abdurrahman Wahid stated that the government would use force if need be to protect the operations of mining companies against disruption from "outsiders". Yet on Tuesday, Minister of Defense Juwono Sudarsono lamented the fact that the government was unable to guarantee the security of its people due to lack of funds.

Nurcholish's prediction

Nurcholish's prediction From Republika Nurcholish Madjid's prediction that "If President Abdurrahman Wahid, or Gus Dur, was to step down in the middle of his term of office there would be strong enmity between Nahdlatul Ulama (NU) and Muhammadiyah," is sort of an exaggeration. Besides, in my opinion, there is no historical precedent to back up the prediction, because based on historical records, NU and Muhammadiyah are familiar with differences of opinion in policy- making.

Indorama expands Thai units

Indorama expands Thai units BANGKOK (DPA): Indorama Thailand Group, an Indian-owned conglomerate, has pledged to invest US$140 million to expand production of its polyester and wool factories in the kingdom over the next three years, news reports said Saturday.

Ruwatan, a tradition breaking a bad streak

Ruwatan, a tradition breaking a bad streak By Tarko Sudiarno YOGYAKARTA (JP): The giant, Batara Kala, became angry as he ordered two small children to be killed. The children looked weak and frightened. But the man-eating giant ran after them, no matter where they hid. The scene of Betara Kala wanting to kill and eat a brother and sister in a wayang shadow puppet show in Bantul, near Yogyakarta, was suspenseful and looked intensely real.

Students missing in Rancabuaya

Students missing in Rancabuaya BANDUNG: Five students of the Design and Arts School of the Bandung Institute of Technology (ITB) are missing after their rubber boat was hit by strong waves in waters off Rancabuaya beach, Garut regency, West Java, on Saturday noon. The boat was carrying seven vacationing ITB students when it capsized 700 meters from the beach. Two managed to survive while the fate of the other five is unknown.

Telkom, KSO partners aim to modify their contract

Telkom, KSO partners aim to modify their contract By Christiani Tumelap JAKARTA (JP): State-owned telecommunications company PT Telkom and its five partners in a joint operation (KSO) scheme are seeking changes in their contract in a bid to save their troubled relations.

Foreign aid to Maluku

Foreign aid to Maluku The Bangkok Post opinion published in The Jakarta Post of July 12, 2000, said "Admittedly it was Jakarta's decision to send thousands of Muslim migrants to the Malukus, and Jakarta must deal with the consequences." Based on this argument and the world concern about the death of Christians in Maluku, eventually The Bangkok Post concluded: "Jakarta must accept foreign offers of help for the sake of humanity and to avert accusations of supporting Muslims commit ..." I can't...

Loose cannons in Maluku

Loose cannons in Maluku Minister of Defense Juwono Sudarsono has finally come out in public to blame Army personnel for the continued violence in Maluku. What is most startling about his revelation, made during an interview with this newspaper on Friday, however, was not so much about the role that Army personnel play in the conflict. Many people on both sides of the sectarian conflict have also testified to that effect.

Ananda finishes 15th in Austrian F-3000

Ananda finishes 15th in Austrian F-3000 JAKARTA (JP): Indonesia racing driver Ananda Mikola finished 15th on Sunday in the seventh leg of the FIA Formula 3000 International race at the A1 Ring circuit in Spielberg, Austria. Ananda, who started in 22nd place, did his best after a knock with Frenchman Soheil Ayari left his suspension damaged. The 48-lap race began at 3.00 p.m. local time and went on for nearly one hour.

Quake hits RP province

Quake hits RP province MANILA (DPA): A strong earthquake struck the Philippines' northernmost province of Batanes on Sunday, collapsing homes and triggering a landslide but no casualties. The tremor, which measured 6.4 on the Richter scale, was not felt in other areas, according to the Philippine Institute of Volcanology and Seismology (Phivolcs).

Premier Mahathir Mohamad's lieutenants pass acid test

Premier Mahathir Mohamad's lieutenants pass acid test By Brendan Pereira SINGAPORE: Something unusual happened in Malaysia last week. For five days the country was in the throes of a national- security crisis, but its most recognizable face and voice for the past 19 years was missing.

HKBP to hold national conference in Jakarta

HKBP to hold national conference in Jakarta JAKARTA (JP): The Congregation of Toba Batak Protestant Churches (HKBP) will hold a national conference here on July 26 aimed at helping forge national unity. Head of the organizing committee, Effendi Simbolon, said on Saturday, "The conference is basically being held to increase our community awareness of the social issues in this country.

Hendrawan wins Thailand Open in all RI final

Hendrawan wins Thailand Open in all RI final JAKARTA (JP): Men's singles shuttler Hendrawan won the US$80,000 three-star Thailand Open on Sunday, the only Indonesian success at the event, with China taking the remaining four titles. Top-seeded Hendrawan, world number three, only needed 29 minutes to defeat compatriot Budi Santoso 15-8, 15-10, in an all- Indonesian final.