Indonesian Political, Business & Finance News

Archive: 3 July 2000

50 articles found

Government to maintain fuel subsidy scheme

Government to maintain fuel subsidy scheme JAKARTA (JP): The government will maintain its latest fuel subsidy scheme which will channel direct cash aid to poor families once it raises fuel prices in October, this year. Deputy on Natural Resource of the National Development Planning Board (Bappenas) Herman Haeruman said that the government would stick to the plan of using post offices throughout Indonesia to channel the cash aid.

Indonesia needs pension system reform

Indonesia needs pension system reform By Stanislav Velinov This is the first of two articles on Indonesia's pension system. HONG KONG: As the Indonesian government begins to streamline the use of pension funds in many departments and institutions, it is perhaps the right time to learn a lesson on the use and systems of pension funds in other countries in transition.

Ananda finishes 20th in France

Ananda finishes 20th in France JAKARTA (JP): Indonesian driver Ananda Mikola only finished in 20th position at the FIA Formula 3000 sixth leg at the Magny Cours circuit, France, on Saturday. In the first of 49 lap, Ananda, who started in the 26th place, managed to overtake to reach the 24th position ahead of Kevin McGarrity and Mark Hynes. Unfortunately on the third lap Brazilian Ricardo Maurizio made a fatal mistake at the turn which blocked Ananda and Hynes.

Australian Embassy taken to task

Australian Embassy taken to task From Media Indonesia I am really exasperated with the Australian Embassy in Jakarta. I have applied for a visa to visit Australia four times and all of these applications were rejected. As a matter of fact, before these rejections I had visited Australia six times. Besides, I have also been abroad many times over, either on business or for holiday, and I have never had a problem with visas.

Local IT-based firms secure partnerships

Local IT-based firms secure partnerships JAKARTA (JP): Some local telecoms and IT-based companies have secured strategic alliances with their foreign counterparts during the Indonesian International Telecommunications, Media & Information Technology (IITELMIT) 2000 show, which ended on Saturday.

MPs may seek Cabinet reshuffle

MPs may seek Cabinet reshuffle JAKARTA (JP): Despite the interpellation motion filed against him and the fact that he has been under constant criticism recently, legislators said here on Saturday that it is unlikely President Abdurrahman Wahid will be booted out of office during the August general session of the People's Consultative Assembly.

Eleven passengers of missing ferry found

Eleven passengers of missing ferry found JAKARTA (JP): The first 11 from hundreds of passengers of the missing Cahaya Bahari ferry were found stranded on a remote island in North Sulawesi on Sunday morning, a rescue official said. Head of the National Search and Rescue Agency Setyo Rahardjo said a passenger ship Minahasa IX picked up 11 people adrift on the water off Lirung island, around 73 miles from the regency of Sangihe and Talaud islands.

Garuda must show professionalism

Garuda must show professionalism Having had my handbag (including a Bali-Jakarta return ticket) stolen after a dinner party in Jakarta recently, I called my travel agent in Bali and reported the stolen ticket, then reported the theft to the police in Pejompongan -- all within eight hours. A subsequent visit to Garuda Darmala Sakti to replace the ticket revealed an internal memo to employees saying that Garuda domestic tickets lost or stolen would not be replaced.

Two ex-Army colonels nabbed over fake money

Two ex-Army colonels nabbed over fake money JAKARTA (JP): Jatinegara Police officers apprehended two retired Army officers and three civilians for distributing counterfeit money following a three-day investigation, an officer said on Saturday. East Jakarta Police chief Col. Hidayat Fabanyo said the two former Army officers were Col. (ret) Andi Mattundruan and Lt. Col. (ret) Deddy Djunaedi, while the civilian suspects were identified as Patrianti, Ibnu Lestiyanto and Yoesky Yoesoef.

Internal factors can derail ASEAN growth

Internal factors can derail ASEAN growth SINGAPORE (AFP): Although the engines of Southeast Asian economies will continue to power ahead in the second half of the year, driven by strong intra-regional trade, domestic political uncertainties could nonetheless derail growth, economists have warned. "It's more a function of local factors which will probably affect sentiment," said Song Seng Wun, a regional economist at research and brokerage house G.K. Goh.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Sculpture, Sketch Exhibition: Dua Perintis at Mon Decor Gallery, Jl. Gunung Sahari Raya no. 1 blok B 13-14, Central Jakarta (Phone: 6299660), Monday to Saturday, 10 a.m. to 6 p.m., Sunday, 10 a.m. to 4 p.m., until July 9. * Sculpture Exhibition: Netherlands Small Size Sculpture, Erasmus Huis, Jl. H.R. Rasuna Said, Kav S-3, Kuningan, South Jakarta (Phone: 5241069), until July 29.

Sport enthusiasts surprised by camels

Sport enthusiasts surprised by camels JAKARTA (JP): Scores of regular sports enthusiasts who utilize the deserted major thoroughfare of Jl. Thamrin for morning exercises on weekends saw a definitely different scene on Sunday. They were stunned by the appearance of more than 1,000 people, including dozens of disabled in their wheel chairs taking part in a leisurely walk with camels. There was also a parade of band groups, including a band of six blind people, and a lap-sit performance.

Govt issues bonds to recapitalize Danamon, BNI

Govt issues bonds to recapitalize Danamon, BNI JAKARTA (JP): The government issued on Friday bonds worth Rp 60.66 trillion (US$6.97 billion) to finance the second recapitalization of publicly listed Bank Danamon and Bank Negara Indonesia (BNI).

Human rights violation

Human rights violation I am Onno W. Purbo, the husband of Nurlina N. Purbo. Hereby I wish to report an abuse of human rights involving my wife Nurlina by the Natural Resources Management (NRM) Program, funded by USAID. My wife was dismissed before her contract ended on Sept. 30, 2001, and was unfairly treated. The following are some supporting facts: * During her pregnancy leave, my wife received a letter (dated May 16, 2000) from the project manager demanding she resign.

RP planes bomb main rebel base: Guerrillas

RP planes bomb main rebel base: Guerrillas MANILA (Reuters): Philippine warplanes on Sunday bombed the biggest Moslem rebel base on the southern island of Mindanao in what could be the start of a fullscale military assault, a guerrilla officer said. "Since 8:15 this morning, OV-10s (government bomber planes) have dropped eight bombs inside our camp," spokesman Eid Kabalu of the Moro Islamic Liberation Front (MILF) said by phone from an undisclosed rebel base in Mindanao.

Upward trend in price of shares to continue

Upward trend in price of shares to continue JAKARTA (JP): The upward trend in the price of shares on the local stock market will likely continue this week following reports on the improvement of the country's economic fundamentals, securities analysts said. "We are fundamentally stronger now, with a more stable inflation and improved production activities," said an analyst at a local brokerage house.

Four held for faking Mahathir's signature

Four held for faking Mahathir's signature KUALA LUMPUR (AFP): Malaysian police have arrested four men who faked documents and forged the signature of Prime Minister Mahathir Mohamad to bring in thousands of illegal foreign workers, a report said on Sunday. The four are said to have duped several bosses into parting with large sums on the pretext of supplying legal foreign employees, the Sun newspaper said.

Linux: Is it suitable for your desktop?

Linux: Is it suitable for your desktop? By Zatni Arbi JAKARTA (JP): Last April, a reader, who is a lawyer by training, sent me an e-mail asking me why I never touched on Linux in my column. "If big companies, many of them Fortune 500's, are willing to rely on Linux, it must be the proof of the success of their programming approach," he wrote. He was absolutely right.

Snack leaves 215 poisoned

Snack leaves 215 poisoned BANDUNG: As many as 215 people suffered headaches and serious digestion problems after eating snacks at the farewell party of students of the Cimanggung state junior high school in Sumedang, some 40 kilometers northeast of here on Saturday. All the victims, who had diarrhea and were vomiting, were treated at three health centers in Cicalengka, Sawahlega and Parakan Muncang in the Sumedang regency.

Trouble at Columbia

Trouble at Columbia From Republika The VCD player I bought at Columbia Cilandak (Cahaya) on Jl. KKO, South Jakarta, in March 2000 broke down early in May. It was still under warranty so I went to the shop to file my claim. Columbia's service turned out to be disappointing and unprofessional. When my wife collected the VCD a shop attendant told her it had been repaired. But when it was switched on at home, it was as defective as before.

TNI should cut its businesses

TNI should cut its businesses The following is an excerpt from an interview with Revrisond Baswir, an expert on political economy at Gadjah Mada University in Yogyakarta. He shared his views on reforms in the Indonesian Military (TNI) with The Jakarta Post's Agus Asip Hasani last week.

More train casualties found

More train casualties found PADANG, West Sumatra: Rescue workers discovered on Sunday one more casualty of a cargo train derailed last week in Lembah Awai district, Tanah Datar regency near here. The search and rescue team's information post in Padang Panjang identified the victim as Ridwan, 13, a cookie seller. His body was found beneath a wagon which was overturned during Wednesday's incident. "Ridwan was found at around 11 a.m. only after we smelt decay.

Kids rally against gambling

Kids rally against gambling BANDUNG (JP): Frustrated by the fact that ferocious demonstrations against gambling and prostitution were always left unheeded, an education activist here went to pupils for the job. Dozens of students of Koran Ann-Nur kindergarten, who are aged between four and six years old, rallied on Saturday to demand the closure of an alleged gambling den and adultery house on Jl. Gardujati.

Water project planned for S'pore in Indonesia

Water project planned for S'pore in Indonesia SINGAPORE (AP): A U.S. $1.5 billion water project which would harness a water catchment 80 times the size of Singapore is tipped to go ahead in Indonesia's Riau province, a local newspaper reported Sunday.

Violence returns to Ambon despite emergency status

Violence returns to Ambon despite emergency status AMBON, Maluku (JP): At least one person died and four others were injured as open clashes erupted here over the weekend, shattering days of calm since the civil emergency status took effect on June 27. The incident broke out Saturday at around 1 p.m. local time at the Poka and Rumahtiga subdistricts, 21 kilometers north of Ambon, and continued until late on Sunday.

Seoul rejects Hyundai's new restructuring plan

Seoul rejects Hyundai's new restructuring plan SEOUL (AFP): South Korea's government has rejected a new restructuring plan by the giant Hyundai Group, urging it to abide by an earlier promise to spin off its automaking unit, officials said Saturday. The Fair Trade Commission (FTC) has turned down a request from Hyundai for permission to retain Hyundai Motor Co. within the group and split 25 non-auto affiliates from the group instead under a newly drafted restructuring plan.

Loss of self-reliance

Loss of self-reliance From Republika As a son of the nation, I was caught by surprise when reading the Bisik-Bisik (Whispering) column in Malaysia's Utusan daily saying that President Abdurrahman Wahid had installed an adviser of American-Jewish descent. It seems that the policies of the government are not free from foreign intervention. Indonesia has earned international renown for its heroism and courage in dispelling colonial rulers.

Arrest plan leaves many baffled again

Arrest plan leaves many baffled again JAKARTA (JP): President Abdurrahman Wahid left the nation baffling again with his disclosure on Saturday that he has sanctioned the police to arrest legislators whom he accused of being the source of many of Indonesia's current troubles. But as the President left the names and their specific crimes vague, he kept the nation's political elite busy throughout Sunday speculating as to who exactly he was referring to.

Reorganizing the National Police

Reorganizing the National Police July 1 was a historic day for Indonesia's National Police. President Abdurrahman Wahid made the important announcement that, as of that day, the National Police was no longer under the jurisdiction of the minister of defense, but under that of the president. The chief of police will have a rank equal to that of a Cabinet minister or the attorney general. This is joyful news not only for the police, but for the community as a whole.

Hikam practices practical science

Hikam practices practical science JAKARTA (JP): Bringing science back to earth seems to be the intention of State Minister of Research and Technology A.S. Hikam as he tries to put a dose of market common sense into endeavors in his office.

AWAIR launches flights to Balikpapan, Medan

AWAIR launches flights to Balikpapan, Medan JP/Berto JAKARTA (JP): Newly established airline company PT AIRWAGON International (AWAIR) launched on Friday two domestic flights, from Jakarta to Balikpapan in East Kalimantan and Medan in North Sumatra. The airline began operations on June 22 with two domestic routes, from Jakarta to Surabaya in East Java and Denpasar in Bali. The airline holds a license to operate 27 domestic routes and 28 international routes.

JSX starts two-board trading system on Monday

JSX starts two-board trading system on Monday JAKARTA (JP): The Jakarta Stock Exchange (JSX) will use a two- board trading system -- a main board and a development board -- starting on Monday (today). The JSX said last week that the main board would be used to trade large-scale companies that have good track records, while the development board was for those which had not met the conditions required to be on the main board.

Body parts found in floodgate

Body parts found in floodgate JAKARTA (JP): Three separate body parts from an adult male were discovered by a Manggarai floodgate watcher on Jl. Tambak in South Jakarta on Sunday afternoon. Menteng Police chief Capt. Paulus Water Pau said the right hand, left leg and the lower portion of the abdomen were found floating in the waters of the floodgate. Officer Paulus suspects the man was victim of a vicious murder. "There is only a portion of the male genitalia found on the abdomen.

Economic gains 'fail to boost rupiah'

Economic gains 'fail to boost rupiah' JAKARTA (JP): The country's encouraging economic developments have failed to strengthen the rupiah because the financial market has yet to perceive the gains, according to Deutsche Bank AG Asia chairman Hubert Neiss. "The economic recovery is growing, but why is the rupiah still weak? This is because there's a difference between reality and perception.

Team of census officials scare homeless people

Team of census officials scare homeless people JAKARTA (JP): It was almost 11 p.m. when a team of enumerators from the Jakarta office of the Central Bureau of Statistics (BPS) and some top bureau officials arrived at Jatinegara market in East Jakarta on Friday to collect data on the homeless who lived in the area. Their presence, however, shocked some of the homeless people and street vendors, who were grouping in the market that night.

Gusmao weds Aussie girlfriend

Gusmao weds Aussie girlfriend DILI (AP): East Timorese resistance leader Jose Alexandre "Xanana" Gusmao wed his longtime Australian girlfriend Kirsty Sword in a secret ceremony on Sunday, officials said. The two married at a seminary in the town of Dare, 15 kilometers south of Dili. Only 20 family and friends attended, said an aide to Gusmao who spoke on condition of anonymity.

Bodies found in Poso

Bodies found in Poso POSO, Central Sulawesi: Military troops on duty in riot- wrecked Poso have recovered 39 bodies from three mass graves in Togalo village, some seven kilometers south of here, Antara reported on Saturday. The news agency said all the bodies, some of them children, were decomposed when they were found on Friday. The largest grave was located across the Poso river where 30 bodies were discovered.

Kite Festival at Monas this week

Kite Festival at Monas this week JAKARTA (JP): Kite flyers from 14 provinces and 10 countries have confirmed their participation in the upcoming eighth International Kite Festival beginning Friday at Monas National Monument Park in Central Jakarta, according to the organizers. Chairman organizer Tinton Prianggoro said over the weekend that Vice President Megawati Soekarnoputri is slated to open the festival, held to commemorate the 473rd anniversary of Jakarta and the country's 55th anniversary.

Bayer sees more promising business in Indonesia

Bayer sees more promising business in Indonesia By Christiani Tumelap SINGAPORE (JP): Germany's diversified chemical and health care manufacturer Bayer Group expects business to improve in Indonesia following its recent expansion into the polyurethane industry.

IBRA: No bankruptcy suit for Djajanti

IBRA: No bankruptcy suit for Djajanti JAKARTA (JP): A senior official of the Indonesian Bank Restructuring Agency (IBRA) said on Sunday the agency thus far has no plans to file a bankruptcy petition against plantation and fishery concern Djajanti Group. "Until today, we have not made any plans to file a bankruptcy petition against the company.

New crisis center persists to change public attitude

New crisis center persists to change public attitude By Imelda Anwar JAKARTA (JP): A new crisis center for victims of domestic violence is hanging on to its cause although it has drawn only 10 patients in the three weeks since opening. The crisis center at the Cipto Mangunkusumo General Hospital (RSCM) believes that domestic violence is a more common occurrence in society than most people realize, but it is rarely reported and the victims are rarely treated.

RI, China prevail in U.S steel case

RI, China prevail in U.S steel case WASHINGTON (Reuters): Dealing a blow to American steel makers and workers, the U.S. International Trade Commission (ITC) blocked the government on Friday from imposing punitive duties on steel imports from China, Indonesia, Slovakia and Taiwan. The federal commission ruled 5-1 that cold-rolled steel imports from the four countries were not a threat to the U.S. steel industry.

RI putter to compete in USA National Championships

RI putter to compete in USA National Championships JAKARTA (JP): Becoming a professional golfer is no longer a dream for Indonesians as they have a great chance to compete in the 40th Annual Professional Putters Association (PPA) National Championships at Fayetteville, North Carolina. It may sound impossible but the public, not only golfers, can grab the chance as long as one of them win the Indonesia Putt- Putt Golf Championships from July 14 to July 16.

Street justice blamed on weak law enforcement

Street justice blamed on weak law enforcement JAKARTA (JP): Rampant acts of street justice in the city recently has stemmed from public frustration over poor law enforcement and the many unresolved cases, scholars said on Saturday. Legal observer Johannes Sardadi from the Atma Jaya University said many unsolved cases, including those of corruption, had caused people to loose faith in the country's legal system.

Best Western hotel leaves Myanmar

Best Western hotel leaves Myanmar YANGON (Reuters): Best Western International Inc. has withdrawn its corporate brand from a luxury hotel in Yangon due to Myanmar's human rights record and hardline treatment of opposition parties, its local partner said on Sunday. Robert Thein, managing director of Bangkok-based Baiyoke Hotel Group which owns Yangon's Kawdawgyi Palace Hotel, said the Phoenix, Arizona-based hotel chain followed other U.S. companies by pulling business out of Myanmar last week.

Two prisoners apprehended for drug

Two prisoners apprehended for drug JAKARTA (JP): Officials apprehended two prisoners at the Salemba prison in Central Jakarta for drug possession during a Friday evening raid, an officer said on Saturday. Central Jakarta Police deputy chief Maj. Iza Fadri said the police seized 533 ecstasy pills, four plastic bags of shabu-shabu (crystal methamphetamine) weighing 15 grams, seven sedative pills, one anti-impotence Viagra tablet and some paraphernalia.

Assembly session 'not to topple President'

Assembly session 'not to topple President' JAKARTA (JP): The Islamic-based Justice Party (PK) celebrated its second anniversary on Sunday with a call on the nation to create a conducive atmosphere for the general session of the People's Consultative Assembly in August. "The session is not an agenda to topple the President.

Unwritten strands in larger economic history of Asia

Unwritten strands in larger economic history of Asia By Ambeth Ocampo MANILA: Years ago, while doing research on Malacanang, someone showed me a 19th century document on the renovation of the then summer home of the Spanish governors-general. There was a list of workers and their salaries attached and one name, "Co Juangco," rang a bell. It was ironic that Cory Aquino refused to live in Malacanang proper, because one of her ancestors helped enhance it a century earlier.

Gus Dur's nod for arrest plan 'maneuver'

Gus Dur's nod for arrest plan 'maneuver' JAKARTA (JP): Political observers speculated on Sunday that President Abdurrahman Wahid's approval for the arrest of certain legislators is a political maneuver to secure his position and a show of force in the lead-up to the general session of the People's Consultative Assembly in August.

Fiji military nears naming civilian administration

Fiji military nears naming civilian administration SUVA (Reuters): Fiji's military said on Sunday it was on track to recruit a multi-racial interim civilian government by July 5, denying a media report that the nation's hostage crisis had made some candidates too frightened to serve as ministers.