Indonesian Political, Business & Finance News

Archive: 25 September 2000

38 articles found

Indonesian business at the crossroads

Indonesian business at the crossroadsBy Nabiel Makarim JAKARTA (JP): Big businesses with considerable assets, like mining and chemical based industrial companies, are now under attack and mounting pressure from the government and the public in the media almost every day.

Makindo sees bright future for online stock trading

Makindo sees bright future for online stock trading JAKARTA (JP): The country's first securities company offering online stock trading, PT Makindo, expects to attract one million clients in the next five years.

15 firms explore gold in Barito

15 firms explore gold in Barito JAKARTA (JP): Only one of the 15 gold contractors licensed to operate in North Barito regency, Central Kalimantan, has started mining the precious metal, regent Badaruddin said on Saturday.

President's move to install police chief draws ire

President's move to install police chief draws ire JAKARTA (JP): President Abdurrahman Wahid's move to hastily swear in Gen. Bimantoro as National Police chief has drawn ire from several legislators and observers.

Nuarta in rites of tangible and intangible reality

Nuarta in rites of tangible and intangible realityBy Aendra H. Medita JAKARTA (JP): Symbols of tangible and intangible reality are to be found in Nyoman Nuarta latest selection of sculptures currently on display at Edwin's Gallery in Kemang, South Jakarta.

RI athletes hailed for winning medals at Sydney Olympics

RI athletes hailed for winning medals at Sydney Olympics SYDNEY (JP): The Indonesian team can hold its head high despite missing an opportunity to win its second gold at the Olympic Games here, chef de mission Arie Sudewo said on Sunday.

Hotel returns favor in form of foodstuffs

Hotel returns favor in form of foodstuffs JAKARTA (JP): The Ibis Hotel in Mangga Dua, Central Jakarta, distributed food packages to residents who live in the surrounding area on Saturday as a gesture of appreciation for the help the locals' gave in protecting the hotel during the May riots of 1998.

AriaWest fires back at Telkom over line services

AriaWest fires back at Telkom over line services JAKARTA (JP): American telecom giant AT&T's Indonesian subsidiary, PT AriaWest International, said on Saturday it regretted accusations against the company by its local partner, the publicly listed PT Telkom, and called them "blatantly untrue".

Armed Myanmar intruders killed by Thai army

Armed Myanmar intruders killed by Thai army MAE SOT, Thailand (AP): Four unidentified, armed intruders from Myanmar were killed on Saturday in a gun battle with Thai soldiers near the border between the two nations, Thai army officers have said.

Estrada orders signing of new air pact with Taiwan

Estrada orders signing of new air pact with Taiwan MANILA (DPA): Philippine President Joseph Estrada on Sunday ordered the country's representative office in Taiwan to immediately sign a new air agreement to resume direct commercial flights between Manila and Taipei.

No need to guard the former president

No need to guard the former president President Abdurrahman "Gus Dur" Wahid's order to disarm former president Soeharto's guards is a resolute step in upholding law and order. The society has indeed waited for such a step.Though no longer in power, Soeharto is still treated as a power holder.

Self-destructing e-mail, possibly impossible mission

Self-destructing e-mail, possibly impossible missionBy Lim Tri Santosa BANDUNG (JP): Several companies are exploring ways to control the copying and dissemination of electronic documents with their own versions of self-destructing e-mail.

Press urged to be accurate in reporting

Press urged to be accurate in reporting JAKARTA (JP): Observers urged the local press on Saturday to place more attention on accuracy and developing social consciousness in presenting news that will educate people rather than going for tacky or sensational stories.

Seven nabbed over public disorder

Seven nabbed over public disorder DENPASAR, Bali: Police arrested seven men on Sunday who were suspected of mobilizing dozens of youth blocking the main road in Denpasar.Several sharp weapons also were seized, a police officer said.The chief of the Badung riot police, Sr. Insp.

Rumanian diplomat killed in car accident

Rumanian diplomat killed in car accident JAKARTA (JP): Second secretary of the Rumanian Embassy here, Getoniu Stere, was killed in a traffic accident when his car hit a tree on the capital's main thoroughfare of Jl. Sudirman in the earlier hours of Sunday, a police officer has said.

Tax compliance needs improvement: Official

Tax compliance needs improvement: Official JAKARTA (JP): Only a little more than half of Indonesia's 1.3 million registered individual tax payers have fulfilled their tax obligation in full, according to a senior official at the office of the director general of taxation.

Aceh violence continues amid Geneva peace effort

Aceh violence continues amid Geneva peace effort BANDA ACEH, Aceh (JP): Separate attacks on government and police facilities continued in the province on the weekend, which security officials claim was the work of separatist rebels.At least four attacks were recorded since Saturday.

Mahathir claims he's overworked, underpaid

Mahathir claims he's overworked, underpaid KUALA LUMPUR (AP): Malaysian Prime Minister Mahathir Mohamad said he is overworked and underpaid, reacting to critics who call him extravagant, a newspaper reported on Sunday.

Art and culture important

Art and culture important The Jakarta Post Sept. 17, 2000, Sunday issue published an article on Batik Hokokai. Please do not stop publishing articles on art and culture. This country does not only require high-tech specialists and brilliant military generals, but it should also keep introducing and...

Suspected JSX bombers arrested

Suspected JSX bombers arrested JAKARTA (JP): Police announced on Sunday the arrest of a gang of 25 men allegedly involved in a recent fatal blast at the Jakarta Stock Exchange (JSX) building and a grenade explosion last month at the Malaysian Embassy.

Undertaking another exciting weekend hardware adventure

Undertaking another exciting weekend hardware adventureBy Zatni Arbi JAKARTA (JP): If you think your PC is too slow, you're a normal person. Trust me, you are. I say so because I think most normal people believe that they always need a more powerful PC with a bigger hard disk, more memory and, if...

Security guards protect footbridge near Le Meridien

Security guards protect footbridge near Le Meridien JAKARTA (JP): Anyone using the footbridge in front of the Le Meridien hotel on Jl. Sudirman in Central Jakarta will notice the presence of several security guards, each equipped with a combat knife and stick, standing by the bridge.

Indonesia seeks support in implementing regional autonomy

Indonesia seeks support in implementing regional autonomy JAKARTA (JP): The government is lobbying the World Bank, the International Monetary Fund (IMF) and other international donors to help Indonesia overcome feared budget shortfalls following the implementation of wider regional autonomy next...

Experts, legislator support bill on presidential conduct

Experts, legislator support bill on presidential conduct JAKARTA (JP): A political scientist, a constitutional law expert and a legislator hailed the initiative by the House of Representatives (DPR) to draft a bill which would set a code of conduct for the head of state.

Worrying signs of Asian relapse revive crisis

Worrying signs of Asian relapse revive crisis PRAGUE (Dow Jones): Asia is looking sick, again. Many thought it couldn't happen again, but stock markets are down more than 20 percent from peak levels, currencies are sliding, and parts of the region are facing political turmoil.

High hopes on OPEC summit in Caracas

High hopes on OPEC summit in CaracasBy Emilio Rappold CARACAS (DPA): "They are all just a heap of Pinocchios," a former Venezuelan oil minister said of his OPEC colleagues.They had a tendency to set oil-production quotas at OPEC meetings on Sept.

Morning quake wakes Bandung

Morning quake wakes Bandung BANDUNG: Residents of Bandung looking forward to a lazy Sunday morning were awakened by an earthquake measuring 5.4 on the Richter scale.The local Meteorology and Geophysics Agency said the 30-second earthquake jolted the city at 7:55 a.m.

Military reform stagnant, says general

Military reform stagnant, says generalBy Ridwan M. Sijabat JAKARTA (JP): The reform movement, which had a share in bringing Soeharto down from his presidency in 1998, is at stake as it receives strong resistance from the remnants of the former New Order regime.

Astaga launches travel firm

Astaga launches travel firm JAKARTA (JP): Local internet portal operator Astaga!com launched over the week end its new service, a tour and travel service through its website www.astagatours.com.Astaga!com president Andrew Hayek said the company's new service offered airline ticket and hotel...

Indonesia may become net oil importer in 10 years

Indonesia may become net oil importer in 10 years JAKARTA (JP): Minister of Energy and Mineral Resources Purnomo Yusgiantoro said on Saturday that Indonesia would become a net oil importer in 10 years time as there were only five billion barrels left in the country's oil reserves.

Theives make off with cash, valuables

Theives make off with cash, valuables BOGOR (JP): A gang of eight armed robbers broke into a villa on Sunday in Megamendung rented by a group of nine holidaymakers from Jakarta and made off with cash and valuables, including six cellular phones, together worth Rp 20 million.

Activists demand Rp 4b in damages from police

Activists demand Rp 4b in damages from police JAKARTA (JP): Four activists from the Agrarian Reform Consortium (KPA) have demanded Rp 4 billion in compensation from the Jakarta Police, claiming they had suffered from wrongful arrest and ill-treatment during a hunger strike in August.

Cilacap waters underexploited

Cilacap waters underexploited CILACAP, Central Java: Cilacap Regent Hery Tabri said here on Saturday the fishery potential in the area's waters remained underexploited by local fisherfolk.Most of the fishery potential is being exploited illegally by foreign ships, he remarked.

Children witness mother's fiery death

Children witness mother's fiery death JAKARTA (JP): A 42-year-old housewife was found dead with severe burns in Tangerang, west of here, on Friday.No police officers could not be reached, but her husband told reporters at Cipto Mangunkusumo General Hospital's morgue that Melani had set herself on...

More killed in latest Saparua clashes

More killed in latest Saparua clashes AMBON, Maluku (JP): The bloodshed which has swept across Saparua island in Central Maluku continued over the weekend, as dozens of people were killed in two clashes which erupted on Saturday, according to witnesses.

East Timor militias hand over arms

East Timor militias hand over armsBy Fabiola Desy Unidjaja ATAMBUA, East Nusa Tenggara (JP): Militias here officially began handing in their weapons on Sunday as top police officials warned they would conduct massive sweeping operations in three days to apprehend those who remained belligerent.

Trade pacts are building blocks to global trade: APEC

Trade pacts are building blocks to global trade: APEC BANDAR SERI BEGAWAN (AFP): Regional and bilateral trade arrangements should be viewed as "building blocks" to the multilateral free trade system, not as destabilizers, Asia- Pacific senior trade officials said here on Saturday.

Abandoning the city?

Abandoning the city? The historic drop in Jakarta's population was happily greeted by Governor Sutiyoso quoted in Sept. 20 The Jakarta Post as saying "Whatever the reason, it gives us fewer problems and people to take care of".