Archive: 1 September 2000
55 articles found
Fri, 01 Sep 2000, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 31, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 580 5 12,000 Adindo Foresta Indonesia 250 -10 235,000 Alakasa Industrindo 815 0 0 Alfa Retailindo 850 0 23,500 Alter Abadi 250 0 57,500 Alumindo Light Metal 1,150 160 85,000 Aneka Kimia Raya 325 5 10,000 Aneka Tambang (Persero) 1,075 0 599,500 Anwar Sierad 300 0 0 APAC Centertex Corp.
Fri, 01 Sep 2000, 00:00 WIB
Bloody Myanmar refugee camp protest draws flak
Bloody Myanmar refugee camp protest draws flak BANGKOK (Agencies): Thai and international aid authorities on Thursday criticized a bloody demonstration staged at a refugee camp in Thailand in which half a dozen Myanmar children slashed themselves to protest Yangon's roadblock against opposition leader Aung San Suu Kyi.
Fri, 01 Sep 2000, 00:00 WIB
Experts differ on Soeharto's trial
Experts differ on Soeharto's trial JAKARTA (JP): With former president Soeharto's appearance as a defendant in his corruption trial in doubt, judicial experts disagreed on Thursday over the legality of trying him in his absence. Satjipto Rahardjo from Diponegoro University, Semarang, Central Java said an in absentia trial for Soeharto was legally baseless. "Such a trial can only be held when the defendant is at large or his or her whereabouts are unknown.
Fri, 01 Sep 2000, 00:00 WIB
Economic team meet with Kota retailers
Economic team meet with Kota retailers JAKARTA (JP): Three top economic ministers met with nearly 500 store owners at major shopping malls in the Kota area, West Jakarta on Thursday in recognition of the latter's importance to the country's economy. Coordinating Minister for the Economy Rizal Ramli told the retailers at a meeting at the Omni Batavia Hotel that they should gear up for the upcoming economic recovery. "If you don't hurry, you will miss the train," Rizal said.
Fri, 01 Sep 2000, 00:00 WIB
PT PLN first half losses surge 12-fold
PT PLN first half losses surge 12-fold JAKARTA (JP): Cash-strapped state electricity company PT Perusahaan Listrik Negara (PLN) announced on Thursday a twelvefold increase in losses of up to Rp 11.58 trillion (US$1.4 billion) in the first half of the year, as compared to Rp 974 billion for the same period last year. The January-June 2000 loss exceeds the annual net loss of Rp 11.3 trillion recorded last year.
Fri, 01 Sep 2000, 00:00 WIB
Deutsche Bank's new official
Deutsche Bank's new official JAKARTA (JP): Deutsche Bank announced on Thursday the appointment of Paul Leonhardt as the bank's head of corporate relationship management in Indonesia. The bank said that Leonhardt would be responsible for identifying solutions that best meet the extensive product range. Leonhardt, previously a senior official at Deutsche Bank Japan, replaced Norbert Lorn, who relocated to Singapore to take up a new position as the bank's Asian regional head. (hen)
Fri, 01 Sep 2000, 00:00 WIB
Asian monies up amid rupiah control rumors
Asian monies up amid rupiah control rumors HONG KONG (Dow Jones): Talk of capital controls in Indonesia rippled briefly through Asian foreign exchange markets on Thursday, but the effects were short-lived and most currencies ended slightly stronger in quiet dealings. The U.S. dollar gained on the Philippine peso, but was down against the Indonesian rupiah, the Thai baht, Singapore dollar and Korean won.
Fri, 01 Sep 2000, 00:00 WIB
Manpower ministry mulls way to help job seekers
Manpower ministry mulls way to help job seekers JAKARTA (JP): A more effective system to facilitate job seekers needs to be established to help lower the country's unemployment rate. The Ministry of Manpower's Director General for Upbuilding and Manpower Employment Tjepy Aloewie said Presidential Decree No. 20/1984, which obligated companies to report vacant positions in their offices, was ineffective.
Fri, 01 Sep 2000, 00:00 WIB
NTT Comms to buy Verio for $5.5 billion
NTT Comms to buy Verio for $5.5 billion TOKYO (Reuters): NTT Communications, a unit of Japan's former state monopoly NTT Corp, will buy U.S. Internet service provider Verio Inc for US$5.5 billion, after the U.S. government gave the go-ahead a week ago. NTT Communications said on Thursday it completed its tender offer and, combined with the shares it already owns, would take control of about 95.6 percent of the outstanding shares of Verio's common stock.
Fri, 01 Sep 2000, 00:00 WIB
Balinese student named best young researcher
Balinese student named best young researcher JAKARTA (JP): A Balinese junior high school student who found a better way of preventing land erosion caused by wave action and tides won first prize at the Youth Scientific Research Contest on Thursday. Thirteen-year old I Komang Adi Aswantara of state junior high school SLTPN 1 in Singaraja, Bali, beat 26 other finalists to claim the overall title and the Rp 3 million ($360) cash prize and a personal computer.
Fri, 01 Sep 2000, 00:00 WIB
No time for experimenting
No time for experimenting On the evening of Aug. 23, I was very surprised when l heard the Cabinet members of President Abdurrahman Wahid or Gus Dur announced by the palace secretary. In light of the economic team, which is against the market's expectation, one day after the announcement, the rupiah began to fall.
Fri, 01 Sep 2000, 00:00 WIB
Indonesia wary over crops altered genetically
Indonesia wary over crops altered genetically JAKARTA (JP): Indonesia is still wary about the entry of genetically altered crops despite their high potential in solving the problem of nourishment, the Indonesian ambassador to Japan said on Thursday.
Fri, 01 Sep 2000, 00:00 WIB
Teater Payung Hitam paints black picture of troubled Aceh
Teater Payung Hitam paints black picture of troubled Aceh By Tuti Gintini JAKARTA (JP): What can a dramatist do in the face of the harsh realities in Aceh after the province was declared a military operation zone (DOM)? Just look at Teater Payung Hitam (Black Umbrella Theater) of Bandung and its reflections of the tragedies befalling victims of the military operation. The audience will see a display of sadism, from beginning to end.
Fri, 01 Sep 2000, 00:00 WIB
No-confidence motion urged against PDI-P's Arifin
No-confidence motion urged against PDI-P's Arifin JAKARTA (JP): A member of the Indonesian Democratic Party of Struggle (PDI Perjuangan) faction at the House of Representatives has confirmed that around 50 faction members have signed a petition demanding a no-confidence motion against their chairman Arifin Panigoro. "I don't know exactly the reasons but the no-confidence motion has gained support from some 50 faction members," Jacob Tobing told The Jakarta Post on Thursday.
Fri, 01 Sep 2000, 00:00 WIB
Australia, NZ prioritize ASEAN trade deal
Australia, NZ prioritize ASEAN trade deal AUCKLAND (Reuters): Australian and New Zealand trade ministers on Thursday set as a priority the extension of their countries' existing free trade area to include Southeast Asia.
Fri, 01 Sep 2000, 00:00 WIB
Recycling cartridges
Recycling cartridges On Aug. 26, 2000 I attended the launch of the "HP Laserjet Print Cartridge Recycling Program", held at the parking lot of BNI 46 on Jl. Sudirman. State minister for Environment Sonny Keraf and Minister of Settlement and Regional Infrastructure Erna Witular were scheduled to attend but were unavailable due to the Cabinet installation at the State Palace held on the same day. The attendees were asked to bring along used toner cartridges and return them to Hewlett Packard (HP).
Fri, 01 Sep 2000, 00:00 WIB
Indonesia and Iraq vow to fight it out in soccer match
Indonesia and Iraq vow to fight it out in soccer match JAKARTA (JP): Indonesia looks certain to field a team of mostly substitutes in its Independence Cup soccer group match against Iraq on Friday, reducing the encounter to a warm-up for this weekend's final. Whatever the outcome is, Indonesia and Iraq will meet again for the trophy and US$40,000 cash prize at the Senayan Stadium on Sunday.
Fri, 01 Sep 2000, 00:00 WIB
Organda ready to face class action for taxi fare hike
Organda ready to face class action for taxi fare hike JAKARTA (JP): The Organization of Land Transportation Owners (Organda) is ready to face a class action filed by the public over its decision to raise taxi fares by about 50 percent effective from Friday, an executive said. Chairman of the organization's Jakarta chapter taxi section Priyatmedi said on Thursday his office possessed detailed calculations that backed up the decision to raise prices.
Fri, 01 Sep 2000, 00:00 WIB
Chubu, CPC make LNG buying pact
Chubu, CPC make LNG buying pact TOKYO (Nikkei): Chubu Electric Power Co. and Chinese Petroleum Corp. recently reached a mutual purchase agreement for liquefied natural gas, The Nihon Keizai Shimbun reported in its Thursday morning edition. Under the arrangement, Chubu Electric agrees to a spot purchase of 240,000 metric tons of LNG that CPC plans to import this year from Indonesia, and CPC promises to buy the same amount from Chubu within five years.
Fri, 01 Sep 2000, 00:00 WIB
Asian stocks lower in quiet trading
Asian stocks lower in quiet trading TOKYO (AFP): Asian shares closed mostly lower in quiet trading on Thursday as markets continued their mid-summer slumber. In Jakarta, Indonesian share prices closed down 0.6 percent on concern over possible security disturbances following the failure of former President Soeharto to show up for his trial. The Jakarta Stock Exchange composite index fell 2.681 points to 466.380.
Fri, 01 Sep 2000, 00:00 WIB
Officers 'behind protection racket'
Officers 'behind protection racket' JAKARTA (JP): City Council Commission B for economic affairs proposed on Thursday that subdistrict-level military and police officers be dismissed for their alleged involvement in the extraction of protection money from street vendors.
Fri, 01 Sep 2000, 00:00 WIB
Brunei, Malaysia and RI plan Islamic money market
Brunei, Malaysia and RI plan Islamic money market BANDAR SERI BEGAWAN (AFP): Brunei, Bahrain, Indonesia and Malaysia are to jointly launch an International Islamic Money Market (IIMM) in October, the Brunei government announced Thursday. Brunei deputy Finance Minister Selamat Munap said the newly established Brunei international financial center would cooperate with the central banks of the three other Muslim countries to set up the global Islamic money market.
Fri, 01 Sep 2000, 00:00 WIB
RI still has no leads in embassy bombing: RP
RI still has no leads in embassy bombing: RP MANILA (AP): Indonesian investigators still have not given Philippine authorities any results from an investigation into the bombing of the Philippine ambassador's residence in Jakarta a month ago, an official said Thursday. Two people were killed and dozens injured, including Philippine Ambassador Leonides Caday, in the Aug. 1 blast outside the ambassador's residence in downtown Jakarta.
Fri, 01 Sep 2000, 00:00 WIB
Soeharto fails to attend his trial
Soeharto fails to attend his trial JAKARTA (JP): Medical reports on former president Soeharto convinced judges of the South Jakarta District Court to adjourn his trial on charges of corruption until Sept. 14. Soeharto's lawyers had repeatedly claimed that their client was unfit to attend the initial hearing on Thursday.
Fri, 01 Sep 2000, 00:00 WIB
Men seen in van wanted for firecracker blast
Men seen in van wanted for firecracker blast JAKARTA (JP): South Jakarta Police are looking for a group of men in connection with a powerful firecracker blast on Wednesday inside a city bus parked in the vicinity of the trial venue of former president Soeharto. Chief of the South Jakarta Police detectives unit Sr. Insp.
Fri, 01 Sep 2000, 00:00 WIB
Lighten up Kwik!
Lighten up Kwik! Although many people are likely to support Kwik Kian Gie in his fight against "black conglomerates", he will certainly do himself no favors if he allows his bitterness to get the better of him. In his letter published in The Jakarta Post on Aug. 29, responding to criticism, he ends his letter by asserting that "an inferior nation only gets inferior leaders, as the noninferior leaders step aside". This is rather bizarre to say the least.
Fri, 01 Sep 2000, 00:00 WIB
Forest destruction blamed for flooding
Forest destruction blamed for flooding LUWU, South Sulawesi: Environmentalist said here on Thursday that five forest concessionaires are responsible for the destruction of forest in South Sulawesi which has caused prolonged flooding in seven villages. Ikrar Idrus, chairman of the provincial chapter of the Indonesian Environmental Forum (WALHI), told The Jakarta Post that the arbitrary operations of the five companies in the past, had damaged the ecosystem around the Rongkong river basin.
Fri, 01 Sep 2000, 00:00 WIB
Runner Supriati fails to qualify for the Olympics
Runner Supriati fails to qualify for the Olympics JAKARTA (JP): Indonesia's Asian Games champion Supriati Sutono wasted her last chance to book a place at next month's Olympic Games after clocking a below-par time in the 5,000-meter event on the final day of the Asian Track and Field Championships on Thursday. Supriati, who has collected major titles in the region, ran 16:3.85 to finish third in her favorite discipline, almost nine seconds outside of the Olympic qualifying time of 15:55.00.
Fri, 01 Sep 2000, 00:00 WIB
DaimlerChrysler pledges to keep assembly plant
DaimlerChrysler pledges to keep assembly plant JAKARTA (JP): PT DaimlerChrysler Indonesia, the sole agent of Mercedes-Benz in the country, pledged here on Thursday to maintain its local assembly plant despite a trend among high-end car manufacturers to sell completely built-up (CBU) versions in the local market.
Fri, 01 Sep 2000, 00:00 WIB
Sophanich born into running family
Sophanich born into running family JAKARTA (JP): Talent runs in the family. This is certainly true for Thailand's Vissanu Sophanich. Born into a "running" family, he has everything he needs to achieve all his goals, including winning a gold medal in the men's 4x100 meter relay at the 13th Asian Track and Field Championships. "My father is still running, while my mother was a soccer player. My sister and younger brother used to run but they have stopped," said the Air Force sergeant.
Fri, 01 Sep 2000, 00:00 WIB
Government says new fares take effect on Friday
Government says new fares take effect on Friday JAKARTA (JP): The new higher fares for land and sea passenger transportation will take effect on Friday as planned in spite of last minute objections from the Indonesian Consumers Foundation (YLKI). Anwar Supriyadi, the Secretary General of the Ministry of Transportation and Telecommunication, told YLKI representatives that the fare hikes of between 52 and 70 percent had already been approved by the House of Representatives in June.
Fri, 01 Sep 2000, 00:00 WIB
'Mobilonline.com' to get facelift
'Mobilonline.com' to get facelift JAKARTA (JP): Local website mobilonline.com which specializes in automotive sports and the car industry will go online with a new face on Friday. The manager of the company's business development, Sony Yulianto, said Thursday the website would run reports of national and international automotive and rallying activities. It will also contain commercials, a link section and an e-store.
Fri, 01 Sep 2000, 00:00 WIB
RP faces $10 billion in power company debts
RP faces $10 billion in power company debts MANILA, Philippines (AP): The Philippine government or electricity consumers will have to shoulder as much as US$10.5 billion of liabilities after state-owned National Power Corp. is privatized, according to a report by Credit Suisse First Boston Corp.
Fri, 01 Sep 2000, 00:00 WIB
Police arrest man for drug
Police arrest man for drug JAKARTA (JP): South Jakarta Police detectives arrested a 30- year-old man early on Thursday for possession of several grams of putauw (low-grade heroin), shabu-shabu (crystal methamphetamine) and a sedative pill. Police identified the suspect as Ibrahim Salahuddin, the brother of noted actresses Ayu and Sarah Azhari. Jakarta Police spokesman Supt. Muhammad Nur H. Usman said Ibrahim was arrested while in a taxi near his house on Jl. Batu Merah I in Pejaten Timur.
Fri, 01 Sep 2000, 00:00 WIB
Gus Dur visits spiritual elders for blessing
Gus Dur visits spiritual elders for blessing PURWOKERTO, Central Java (JP): President Abdurrahman Wahid visited on Thursday one of his spiritual elders, Habib Hamid in the regency of Banyumas, asking to be blessed and for moral support in leading the nation. Hasan, one of Habib's aides, told reporters that the President just asked for the elder's blessing and prayers so that the country could be free from tempest.
Fri, 01 Sep 2000, 00:00 WIB
Indonesia must beef up security in West Timor camps, UN says
Indonesia must beef up security in West Timor camps, UN says DILI (AFP): Indonesia must beef up its security forces in West Timor to help resolve the problem of pro-Jakarta militia intimidating East Timorese refugees, the head of the UN mission said on Thursday before flying to Jakarta for talks. "We are encouraged by the recognition of the need to inject new forces into West Timor," Sergio Vieira de Mello told journalists.
Fri, 01 Sep 2000, 00:00 WIB
IBM offers package to SMEs
IBM offers package to SMEs JAKARTA (JP): PT IBM Indonesia will launch a special sale package next week to promote e-commerce transactions among small and medium scaled companies. IBM Software Manager Ayu Bisono said here on Thursday that the computer giant would offer hardware and software including IBM's WebSphere, software designed to integrate computer operating systems with web applications.
Fri, 01 Sep 2000, 00:00 WIB
Income tax gain likely to fall short of target
Income tax gain likely to fall short of target JAKARTA (JP): State revenues from tax receipts might be Rp 2 trillion (US$238 million) to Rp 3 trillion less than the initial target of Rp 44.1 trillion due to the slower than expected pace of the economic recovery, the director general of tax Machfud Sidik said here on Thursday. Machfud said that the shortfall could not be avoided because many business activities had not recovered as expected.
Fri, 01 Sep 2000, 00:00 WIB
New face of Indonesia's only geological museum
New face of Indonesia's only geological museum By Yuli Tri Suwarni BANDUNG (JP): If you are fond of visiting museums, does the Bandung Museum of Geology ring a bell? Over the years, there has been no news about this museum, a legacy of the Dutch colonial rule. Museums remains unpopular. But there are still a few people concerned about this museum, located on Jl. Purnawarman. Built in 1929, the museum has had its interior renovated. After renovations lasting 18 months, it was reopened on Aug.
Fri, 01 Sep 2000, 00:00 WIB
Megawati chairs first Cabinet meeting in her new role
Megawati chairs first Cabinet meeting in her new role JAKARTA (JP): Vice President Megawati Soekarnoputri chaired her first Cabinet meeting on Thursday since being formally tasked with handling the day-to-day affairs of the government. She arrived at Bina Graha Presidential Office at 10 a.m. sharp, as ministers waited for her on the second floor where the two-hour meeting was held.
Fri, 01 Sep 2000, 00:00 WIB
Workers demand higher wages
Workers demand higher wages BANDUNG: Hundreds of workers in Bogor, Tangerang and Bekasi, grouped under the Indonesian Metal Workers Union, marched to the West Java provincial legislative council on Thursday to demand higher minimum wages. The workers said they wanted the West Java governor to review his decree on the regional minimum wage for workers in the Jakarta buffer zone areas of Bogor, Tangerang and Bekasi (Botabek). "We are unfairly treated.
Fri, 01 Sep 2000, 00:00 WIB
Law commission plans to hold public hearings
Law commission plans to hold public hearings JAKARTA (JP): The National Commission for Law will hold four public hearings in Jakarta this month as part of its program to draw up a series of white papers on reforming the legal sector. Commission chairman J.E. Sahetapy told journalists that the hearings were intended to absorb as much public opinion as possible to reform the country's entire legal system which he admitted was in a dismal state.
Fri, 01 Sep 2000, 00:00 WIB
Women's rights
Women's rights I bring to the attention of the government the UN Protocol that Indonesia signed earlier this year regarding "women's rights". I,like many other male expatriates, am married to an Indonesian. We have been married for several years and have a beautiful daughter. Of course I have to make the usual "visa trips" to Singapore every six months, get monthly extensions at the local immigration office and receive my monthly police report (all for a fee). I am so fed up with this.
Fri, 01 Sep 2000, 00:00 WIB
TV stations get your act together
TV stations get your act together I read in the entertainment section of The Jakarta Post on Sunday, Aug. 13, that TV stations take into account letters from the public. This seems only half-hearted to me. There appears to be no response to comments made about their daily TV guides published in local papers. It is a waste of time reading a TV guide that gives empty promises to the public. On many occasions a program is switched with a live show or something else.
Fri, 01 Sep 2000, 00:00 WIB
Prove it, fire me: Sutiyoso
Prove it, fire me: Sutiyoso JAKARTA (JP): Governor Sutiyoso denied on Thursday allegations that he bribed city councillors Rp 16 billion (US$1.95 million) to ensure his governorship until 2002. "If they can prove it, just fire me," he said on the sidelines of a ceremony to mark a cooperation agreement signed between sister cities Jakarta and Rotterdam, the Netherlands.
Fri, 01 Sep 2000, 00:00 WIB
Conversion Rates
Conversion Rates Bank Indonesia's conversion rates on Aug. 31, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.
Fri, 01 Sep 2000, 00:00 WIB
NGOs query genetically modified crops
NGOs query genetically modified crops JAKARTA (JP): Environmental and consumer groups called on the government here on Monday to expedite the issuance of clear and strict regulations on the distribution of genetically modified food and products as such products are already widely available on the Indonesian market.
Fri, 01 Sep 2000, 00:00 WIB
Citibank, Lippo Bank tie up
Citibank, Lippo Bank tie up JAKARTA (JP): Citibank and Lippo Bank signed an agreement here on Thursday to form an alliance in corporate banking, a deal allowing Citibank to utilize Lippo Bank's network as the delivery channel for its corporate banking products.
Fri, 01 Sep 2000, 00:00 WIB
Government not seeking major changes in reform program
Government not seeking major changes in reform program JAKARTA (JP): The Cabinet's new economic team is not seeking major changes in the International Monetary Fund-sponsored economic reform program, Bank Indonesia acting governor Anwar Nasution said here on Thursday. "There will be no major changes in the (IMF) program," he said following a meeting between the new economic ministers and representatives of multilateral institutions, including the IMF.
Fri, 01 Sep 2000, 00:00 WIB
Rizal deals with IMF
Rizal deals with IMF Given the extremely low credibility the new Cabinet has to start with, we find it hard to understand why chief economic minister Rizal Ramli decided on the first day in office to go public with his intention to review Indonesia's reform programs, as stipulated in the government's letter of intent to the International Monetary Fund (IMF) on July 31.
Fri, 01 Sep 2000, 00:00 WIB
Yusril reassures international community on rights violators
Yusril reassures international community on rights violators JAKARTA (JP): The government dismissed on Thursday international concerns that perpetrators of human rights in the past, particularly in East Timor, would walk free from prosecution saying that past human rights violators would be tried in an ad hoc tribunal.
Fri, 01 Sep 2000, 00:00 WIB
The people's corporations
The people's corporations The government will shortly establish a special agency to oversee all the BUMN state-owned corporations. With many interest groups vying to gain control over those corporations, the new agency will have an important function to improve control and efficiency in those corporations, which up to now have practically served as cash cows to certain interest groups.
Fri, 01 Sep 2000, 00:00 WIB
Tangerang exceeds revenue target
Tangerang exceeds revenue target TANGERANG (JP): Tangerang Regent Agus Djunara said on Thursday the regency had exceeded its targeted revenue for the 1999/2000 fiscal year by 16 percent. He said the regency had revenue of Rp 46.5 billion, while it had been targeting Rp 39.8 billion. "This was thanks to four newly introduced tax policies on advertisements, hotels, restaurants and entertainment centers, and public road lights, which contributed Rp 25.7 billion to our revenue.
Fri, 01 Sep 2000, 00:00 WIB
Solok market razed by fire
Solok market razed by fire PADANG, West Sumatra: Fire ravaged on Thursday the Solok market and 69 surrounding houses, leaving 214 people homeless. No fatalities were reported, but it is estimated that the fire, which destroyed 109 kiosks and the residential houses, caused almost Rp 2 billion in losses. Quoting eyewitnesses, Solok Mayor Yumler Lahar said that the fire which started at 3:00 a.m. was spotted by a market night watchman.
Fri, 01 Sep 2000, 00:00 WIB
Govt to go ahead with fuel price hike next month
Govt to go ahead with fuel price hike next month JAKARTA (JP): The government said on Thursday it would go ahead with a plan to raise fuel prices in October, but was still unsure of the exact date of the increase. "It's unlikely that we can either cancel, alter or delay the fuel price increase," Cabinet Secretary Marsillam Simanjuntak said at the presidential office.