Indonesian Political, Business & Finance News

Archive: 2 August 2000

54 articles found

DHL relocates head office

DHL relocates head office JAKARTA (JP): PT Birotika Semesta/DHL Worldwide Express announced on Tuesday that it had relocated its head office to the Siemens Industrial Park in Pancoran, South Jakarta. The move from DHL's previous Mustika Ratu office, also in Pancoran, to the nearby Siemens Industrial Park would bring a number of benefits to the company, DHL said in a statement.

Indofood settles debts

Indofood settles debts JAKARTA (JP): Publicly listed instant noodlemaker PT Indofood Sukses Makmur said on Monday it had repaid debts amounting to US$240 million and Rp 625.9 billion ($70 million). Indofood's chief executive officer, Eva Riyanti Hutapea, said in a statement that the $240 million installment was part of a payment on a $300 million syndicated loan raised by the company in 1995 to partly finance the acquisition of PT Bogasari Flour Mill.

Where to go in Surabaya:

Where to go in Surabaya: Exhibition * Design Exhibition at CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5678639), Aug. 8 - 26. Performance * Concert: Surabaya Symphony Orchestra - Robin Clavreul (French Cellist), Jean-Paul Minelli Bella (French Arpeggina Player), Hansjorg Koch (German Pianist), at Hotel Majapahit, Mandarin Oriental, Jl. Tunjungan 65 (Phone: 031 545 4333), 8 p.m. to 10 p.m., Aug. 25. Music and Entertainment * Hotel Majapahit, Mandarin Oriental, Jl.

CCF is more than art shows and courses

CCF is more than art shows and courses By Cecile Prevost JAKARTA (JP): Indonesia and France are 15,000 kilometers apart but the two countries have no problem in promoting understanding of each other's culture. The CCF (French Cultural Center) and Alliances Francaises (French Alliances) which have branch offices in major cities throughout Indonesia account for "little pieces of France". In Jakarta, there are two CCF offices and one in Bandung, Yogyakarta and Surabaya respectively.

President Kim warns against resurgent anti-Americanism

President Kim warns against resurgent anti-Americanism SEOUL (AP): President Kim Dae-jung warned on Tuesday against resurgent anti-Americanism among a small group of activists, reminding South Koreans that Washington remained the country's "biggest cooperator." The warning came one day before the United States and South Korea were scheduled to resume sensitive talks on Wednesday on revising a defense agreement that critics say infringes upon Seoul's sovereignty.

Three killed and dozens hurt in Philippine blasts

Three killed and dozens hurt in Philippine blasts DAVAO, Philippines (Agencies): Three people were killed and dozens wounded when unidentified attackers bombed a town fiesta and a commercial center in the southern Philippines, police said on Tuesday. They have not established the motives behind the Monday night attacks but said there were no signs that Moro rebels fighting for an Islamic state in the south of the mainly Catholic country were involved.

Musician arrested for carrying gun

Musician arrested for carrying gun JAKARTA (JP): Police took noted jazz musician Idang Rasyidi into custody for the possession of an unregistered handgun, an officer said on Tuesday. South Jakarta Police chief of detectives Sr. Insp. Achmad Alwi said the 39-year-old keyboardist was taken into custody last Saturday at his house in East Pamulang, South Jakarta. Alwi denied speculation the musician had been placed under arrest, although he was still being kept at the station as of Tuesday night.

Sliding rupiah dents C&C gain

Sliding rupiah dents C&C gain SINGAPORE (Dow Jones): Cycle & Carriage Ltd.'s earnings were dented by the sliding Indonesia rupiah, the Singapore car distributor said Tuesday. It reported net profit for the first half ended June 30 fell sharply to S$19.3 million (US$11.1 million) from S$56 million in the same period last year. This was due to the unhedged U.S.- dollar debt of PT Astra International, in which Cycle & Carriage owns 31.1 percent.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Aug. 1, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

Experts: Regions unprepared for regional autonomy

Experts: Regions unprepared for regional autonomy JAKARTA (JP): The National Economics Council (DEN) chairman, Emil Salim, warned on Tuesday of the consequences of the implementation of regional autonomy laws next year, because, economically, only seven of the country's 27 provinces could survive without the central government's assistance.

Intelligence chief visits Ambon, violence rages

Intelligence chief visits Ambon, violence rages AMBON, Maluku (JP): Indonesian Military (TNI) Intelligence chief Air Vice Marshall Ian Santoso Perdanakusuma visited Ambon on Tuesday amid more carnage which left at least 23 people dead in Waai village. The intelligence chief attended a two-hour briefing on the latest situation and the handling of unrest in Maluku. "I'm here to coordinate technical assistance with the executor of the civil emergency in Maluku.

Groups vow not to mobilize civilian militia

Groups vow not to mobilize civilian militia JAKARTA (JP): The city police said on Tuesday that all civilian militias had confirmed they would not be present at the People's Consultative Assembly during the Annual Session which starts next Monday. "I invited representatives of all civilian militia groups in the city to attend a meeting recently and they all said they would not participate in the security measures taken by the Jakarta Police during the session," city police chief Insp. Gen.

Demystifying Abdurrahman

Demystifying Abdurrahman By Michael Vatikiotis HONG KONG (JP): Of the many stories floating around Jakarta about Gus Dur, one of them is a telling indicator of his qualities as a politician. Back in 1990 Gus Dur was one of a number of Jakarta intellectuals who formed a new dissident grouping known as Forum Demokrasi. After several meetings it was decided to search for a leader for the group. As one of the founding members, Gus Dur's name was mentioned. But wait, said one member of the group.

Exports reach record high of US$5.29 billion

Exports reach record high of US$5.29 billion JAKARTA (JP): Indonesia's monthly exports hit a record high of US$5.29 billion in June, raising optimism that economic recovery will continue despite the country's political problems. The Central Bureau of Statistics (BPS) reported on Tuesday that exports in June, the highest ever, were 9.64 percent higher than the $4.83 billion recorded in May.

Free Papua movement wins support

Free Papua movement wins support JAYAPURA, Irian Jaya: Vanuatu and Nauru are the first countries to express support for the independence movement in Irian Jaya, promising to convey the aspirations of the province to the United Nations' general assembly in September. The support from the two South Pacific countries was revealed during a meeting in Vanuatu's capital of Port Villa on July 31 between a nine-man Papuan delegation and Vanuatu Premier Barak T.

Govt to appoint new investors for Jakarta toll road projects

Govt to appoint new investors for Jakarta toll road projects JAKARTA (JP): The government will seek new investors to continue work on the half-finished Jakarta Outer Ring Road project, a senior government official said on Tuesday.

TV today

TV today TVRI 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 3:30 Music 4:00 News 4:30 Health Program 5:30 TVRI News (in English) 6:30 Cultural Program 7:00 Evening News 7:30 TV Drama 8:00 Boxing 8:30 Talk Show 9:00 News 9:35 Economic News 10:00 Comedy 10:30 News 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.

Bomb attacks might hurt Laos tourist sites: Envoy

Bomb attacks might hurt Laos tourist sites: Envoy BANGKOK (Agencies): A series of bomb attacks in the Laotian capital of Vientiane could hit tourism this year, the country's ambassador to Thailand said on Tuesday. Hiem Phommachanh told Reuters the authorities feared that tourists were concerned by the recent bomb attacks and some had decided to avoid traveling to Laos.

Deforestation rife in Cilacap

Deforestation rife in Cilacap BANYUMAS, Central Java: More than half of a 126-hectare conservation forest on the slopes of Selok Mountain in Cilacap has been destroyed by illegal loggers. Spokesman for the Banyumas Timur forest authority Sudiman told The Jakarta Post on Tuesday that illegal loggers had destroyed more than 70 hectares of the forest. "They have illegally cut down mahogany and acacia trees.

Gus Dur claims Philippine rebels linked to blast

Gus Dur claims Philippine rebels linked to blast YOGYAKARTA (JP): President Abdurrahman Wahid said he believed the bomb explosion outside the residence of the Manila envoy in Jakarta on Tuesday was linked to violence in the southern Philippines. "This, I think, is related to the problems in the southern Philippines, maybe related to the kidnapping in Jolo or the problem of the MILF," Abdurrahman told reporters after attending a meeting of top leaders here.

10 survivors of bomb blast still in hospital

10 survivors of bomb blast still in hospital JAKARTA (JP): At least 10 of the 21 survivors of Tuesday's bomb blast at the Philippines ambassador's residence on Jl. Imam Bonjol in Central Jakarta were still receiving treatment for injuries at two hospitals. Eight are being treated at Cipto Mangunkusumo Hospital (RSCM) in Central Jakarta, and two others -- Philippines Ambassador Leonides T. Caday and his driver Eben Eiser -- were moved to Medistra Hospital on Jl. Gatot Subroto in South Jakarta.

Top leaders agree to ease political tension

Top leaders agree to ease political tension YOGYAKARTA (JP): The country's top figures agreed on Tuesday to ease political hostility ahead of the Annual Session of the People's Consultative Assembly (MPR) and renewed their commitment to the reform movement.

An unusual reshuffle

An unusual reshuffle For whatever reason, a reshuffle in the Army has taken place. A reshuffle involving high-ranking officers never stands on its own. Questions will be asked by the public, especially when the moves involve the Army. Considering the statements that have been made about the reshuffle, it is difficult to deny that something is not quite right in the Army.

Three home favorites crash, Bonix, Juan reach finals

Three home favorites crash, Bonix, Juan reach finals SANUR, Bali (JP): Three Indonesian boxers crashed out on Tuesday of the semifinals of the 19th President's Cup international amateur boxing tournament while two reached the final. Bara Gomies lost to Junie Tizon of the Philippines 13-21 in the welterweight division. The Indonesian tried hard to launch a combination of hooks and straight punches but Tizon avoid them and was more aggressive with his uppercuts.

Agus' replacement well planned, Tyasno says

Agus' replacement well planned, Tyasno says JAKARTA (JP): Army Chief of Staff Gen. Tyasno Sudarto asserted on Tuesday that the replacement of Army Strategic Reserves Command (Kostrad) chief Lt. Gen. Agus Wirahadikusumah was free from political motives. Speaking after installing the new Kostrad chief Maj. Gen. Ryamizard Ryacudu, Tyasno said the decision was taken purely for the sake of operational improvement inside the Army.

China marks Army Day with plea, warning to Taiwan

China marks Army Day with plea, warning to Taiwan BEIJING (Reuters): China's army called on rival Taiwan on Tuesday to march along the "bright path" of reunification with the Communist mainland, but said darkly it would crush any move toward independence for the island. State media marked the 73rd anniversary of the People's Liberation Army with commentaries urging the 2.5 million member PLA to fight Taiwan separatism and step up indoctrination against Western and "anti-Marxist" ideas.

Public Order offices get 13 new pickups

Public Order offices get 13 new pickups JAKARTA (JP): Governor Sutiyoso on Tuesday handed over 13 patrol pickup trucks worth some Rp 1.3 billion (US$ 144,000) to representatives of the City Public Order Office and five mayoralties in an effort to enable the public order officials to uphold city regulations in the capital.

Badminton queen Susy urges parents' backing in sport

Badminton queen Susy urges parents' backing in sport JAKARTA (JP): Lack of parental support is hindering the recruitment of young female badminton players which, if it continues, could damage the sport's development, former Badminton Queen Susy Susanti says. Speaking on the sidelines of a National Sports Council (KONI) business gathering on Monday, Susy said many parents in Indonesia doubted that sport could provide for their daughters' future.

Rubber industry to learn from mistake

Rubber industry to learn from mistake BALI, Indonesia (Dow Jones): Rubber industry participants are still smarting over contracts that were not honored when a big rubber dealer went bust early this year. They felt the fundamental tenet on which the rubber trade has been traditionally conducted - trust - was violated because the parties involved chose to honor only those contracts that were profitable.

Do not restrict regions

Do not restrict regions From Bisnis Indonesia I refer to the statement of State Minister of Regional Autonomy Ryaas Rasyid in Bisnis Indonesia of July, 21, titled Autonomous regions shall not issue unilateral regulations. As a citizen of an autonomous region, I dare say it was not quite wise of the state minister to make that statement because it is against the central government's current policy on autonomous regions.

Residents unaware of wild boar meat issue

Residents unaware of wild boar meat issue JAKARTA (JP): Many city residents were unaware of a warning by the Jakarta administration on Monday that wild boar meat was being sold as beef in a number of markets. Interviewed separately by The Jakarta Post on Tuesday, shoppers and shopkeepers at Pasar Palmerah in West Jakarta, Pasar Minggu in South Jakarta and Pasar Perumnas Klender in East Jakarta said they were unaware of the practice of selling wild boar meat as beef.

RP ambassador in stable condition

RP ambassador in stable condition JAKARTA (JP): Philippine Ambassador Leonides T. Caday was reportedly in stable condition and undergoing intensive treatment here Tuesday night. Several officials who visited him said the ambassador was about to undergo surgery on his broken leg, however, till 11 p.m. Tuesday there was still no official explanation of his condition from doctors at Medistra Hospital, South Jakarta, where he is now being treated.

Indonesia to reopen tourism centers overseas

Indonesia to reopen tourism centers overseas JAKARTA (JP): The government plans to reopen Indonesia's tourism promotion centers in Germany, England, France, the Netherlands, the United States, Japan and Australia, a senior government official said on Tuesday. Deputy for Marketing and International Relations at the Ministry of Tourism and Art Udin Syaifuddin said the re-opening of the tourism promotion centers would boost the arrival of tourists from these countries.

Bomb hurts Manila envoy

Bomb hurts Manila envoy JAKARTA (JP): While the police have yet to uncover the truth behind a bomb blast at the Attorney General's Office compound early last month, another bomb exploded outside the residence of the Philippine Ambassador to Indonesia Leonides T. Caday on Jl. Imam Bonjol in Central Jakarta on Tuesday afternoon. Two people -- Sopyan, 30, a security guard at the ambassador's residence, and an unidentified woman -- died in the blast.

Pregnant women often face unexpected problems

Pregnant women often face unexpected problems JAKARTA (JP): In local traditional society, there is nothing a married woman looks forward to more than being pregnant and having a baby. When the dream eventually comes true, it is usually accompanied by anxiety. There may be "unexpected" changes that the prospective mother will find disturbing and confusing at the same time.

Percasi to dismiss cheats from Olympics team

Percasi to dismiss cheats from Olympics team JAKARTA (JP): The Indonesian Chess Association (Percasi) will not hesitate to punish players it finds cheating in the selection tournament for the Chess Olympics national teams. Chief of the tournament's organizing committee, Eka Putra Wirya, said on Tuesday that the stern measure was need to improve the quality of the players and to attract more sponsors.

ESCAP holds meeting here

ESCAP holds meeting here JAKARTA (JP): The United Nations Economic and Social Commission for Asia and the Pasific (ESCAP) in cooperation with the Asian Development Bank (ADB) will hold a consultative meeting on financing for development in Jakarta from Aug. 2 through Aug. 5.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 1, 2000: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 625 -10 6,500 Adindo Foresta Indonesia 310 5 1,721,500 Alakasa Industrindo 900 0 0 Alfa Retailindo 895 0 14,000 Alter Abadi 285 15 123,000 Alumindo Light Metal 1,250 0 0 Aneka Kimia Raya 335 0 8,500 Aneka Tambang (Persero) 1,200 5 2,254,000 Anwar Sierad 300 0 0 APAC Centertex Corp.

Top four leaders urged to take follow-up steps

Top four leaders urged to take follow-up steps JAKARTA (JP): A meeting of the country's top four political leaders in Yogyakarta will only bear fruit if the leaders take follow-up steps to end their political feuds, sociologist Selo Soemardjan said on Tuesday. Selo, a former adviser to the late Sultan Hamengkubuwono IX, said the leaders should demonstrate their maturity to the nation by refraining from attacking each other in public.

New Thai speaker not govt choice

New Thai speaker not govt choice BANGKOK (AP): A former government official was elected on Tuesday as Speaker of Thailand's Senate, defeating a candidate backed by the Democrat party of Prime Minister Chuan Leekpai. Sanit Vorapanya, a former director-general of the Department of Export Promotion, was elected with 115 votes against 83 for Manoonkrit Roopkachorn, his sole remaining rival in a second round of voting.

Decorative plants center planned

Decorative plants center planned JAKARTA (JP): The administration is to establish a decorative plant center on a 6-hectare plot of land in Meruya Utara, West Jakarta, as a new tourist destination in the capital, an official said on Tuesday. Head of the Agriculture Agency Srikanti Wiwahari said the construction of the center might begin some time next year.

S. Korea trade surplus falls

S. Korea trade surplus falls SEOUL (AFP): South Korea's trade surplus fell to US$823 million in July from $2.3 billion a month earlier, the Commerce, Industry and Energy Ministry said Tuesday. Customs-cleared exports rose 23.6 percent from a year earlier to $14.52 billion in July, while imports expanded 40.1 percent to $13.7 billion, the ministry said.

MPR receives empowerment to call Special Session

MPR receives empowerment to call Special Session JAKARTA (JP): Repeated assurance from People's Consultative Assembly (MPR) Speaker Amien Rais did not stop an ad hoc committee from approving on Tuesday a controversial ruling that will allow the legislative body to call for a Special Session during an Annual Session.

How to deal with Soeharto

How to deal with Soeharto From Gamma The 32-year Soeharto reign has made people restless because Indonesia's enormous foreign loans caused by his policies now must be borne by the current administration and future generation. While foreign confidence in Indonesia has gotten lower almost to vanishing, it isn't easy for President Abdurrahman Wahid, or Gus Dur as he popularly called, and his ministers to rectify and stabilize the ever declining rupiah.

An act of cowardice

An act of cowardice The bomb attack outside the Philippine embassy in Jakarta on Tuesday may have heralded the arrival of international terrorism in Indonesia. Or it could mark an attempt to internationalize Indonesia's domestic conflicts, of which there are too many. Whether an international or domestic form of terrorism, the attack, which killed two persons and injured several others, including Philippine ambassador Leonides Caday, was a despicable act of cowardice.

Learning the ins and outs of cancer

Learning the ins and outs of cancer Starting this week, The Jakarta Post and Singapore-based Parkway Group Healthcare will jointly run an interactive health column on various medical topics. The column will appear twice a month. Readers are encouraged to ask questions through The Jakarta Post's jktpost2@cbn.net.id, or Parkway's san- san@gleneagles.com.sg SINGAPORE: The very word 'cancer' generates fear not only among the victims but also the public at large.

Government and GAM to hold consultation dialog

Government and GAM to hold consultation dialog JAKARTA (JP): The Indonesian government and Free Aceh Movement (GAM) will hold a consultation dialog on Saturday in Geneva, Switzerland, to evaluate the implementation of the humanitarian pause in the troubled province. Speaking to journalists after a coordination meeting for political affairs and security on Tuesday, State Minister of Human Rights Affairs Hasballah M.

Lack of top athletes cuts competition at meet

Lack of top athletes cuts competition at meet JAKARTA (JP): The absence of Asia's top athletes from the 13th Asian Track and Field Championships will make the event less competitive, said the secretary-general of the Indonesian Amateur Athletic Association (PASI), Tigor M. Tanjung. However, Tigor expressed optimism Indonesian athletes could benefit from these absences and qualify for the Olympic Games in Sydney in September.

Asia-Pacific predicted to have 40m Internet users this year

Asia-Pacific predicted to have 40m Internet users this year SINGAPORE (AFP): The Asia-Pacific region outside Japan is expected to have 40 million Internet users by year-end, with electronic commerce worth US$7.3 billion, according to research released on Tuesday. China will account for the highest number of online users, pushing current leader Australia into second place, followed by South Korea and Taiwan, International Data Corp. Asia/Pacific (IDC) said.

Top golfers share lead in Olympic golf

Top golfers share lead in Olympic golf JAKARTA (JP): Three golfers shared the leader position at the end of the opening day of the second Olympic Golf Championships (Olympic Open 2000) at the Rancamaya golf course in Bogor on Tuesday. Ilyasak, an Aceh-born professional golfer, made four birdies and one bogey to finish three-under par 69 at the championships, which offer Rp 250 million (US$27,000) in prize money.

Telkom, Indosat to lose exclusive rights sooner

Telkom, Indosat to lose exclusive rights sooner JAKARTA (JP): The government formally announced on Tuesday the termination of exclusive rights awarded to state owned domestic telephone provider PT Telkom Indonesia and international telephone operator Indosat ahead of initial schedules.

PDI-P vs PDI-P in Surabaya

PDI-P vs PDI-P in Surabaya SURABAYA: A member of the East Java chapter of the Indonesian Democratic Party of Struggle (PDI Perjuangan) has reported a party legislative councilor to the police over blackmail. Chief of the police detective Unit Sup. Anton Charliyan confirmed the report on Tuesday, saying that the report was sent to the police last Saturday Seven people have been questioned as witnesses over the allegation, he added.

Asian currencies mixed late; bomb blast jolts rupiah

Asian currencies mixed late; bomb blast jolts rupiah SINGAPORE (Dow Jones): Asian currencies were mixed late Tuesday after losing some of their earlier gains, as news of a bomb blast in Jakarta knocked the wind out of the Indonesian rupiah's sails. A meeting among Indonesian President Abdurrahman Wahid and top political leaders in Yogyakarta Tuesday to try to ease political tensions provided some reprieve for the rupiah earlier in the day.

Residents applaud court's verdict on 'becak'

Residents applaud court's verdict on 'becak' JAKARTA (JP): Housewives, motorists and taxi drivers hailed on Tuesday the Central Jakarta District Court's ruling allowing becak (three-wheeled pedicabs) to operate in the capital. Their support came with reservations, however. They said they were strongly against pedicabs being allowed to operate on main thoroughfares, citing traffic congestion and disturbances to other road users as reasons.