Indonesian Political, Business & Finance News

Archive: 17 January 2001

60 articles found

Detainees escape dazed police

Detainees escape dazed police BOGOR (JP): Bogor Police chief Sr. Comr. Taufik Ridha said here on Tuesday that detainees going to and from court hearings must be guarded by armed officers to make sure they did not escape in transit. Dazed by the escape of Bogor Prosecutor's Office detainees en route to Paledang Penitentiary after a court hearing on Friday, Taufik said that a thorough probe must be conducted to learn if the escape was a deliberate scenario.

Bomb hoax at PT Dirgantara

Bomb hoax at PT Dirgantara BANDUNG: Some 800 employees of aircraft producer PT Dirgantara Indonesia, formerly IPTN, evacuated their work places following a bomb threat on Tuesday morning. Company spokesman Rakhendi Triyatna said that Poppy, the secretary of the company's president, received a phone call from a man saying that the nine-story building would be blown up as several bombs had been planted in the compound.

Work on overpasses to begin in April

Work on overpasses to begin in April JAKARTA (JP): Construction of seven overpasses in the capital will start in April at the earliest, an official announced on Tuesday. Spokesman for the city administration, Muhayat, said the construction projects of three of the overpasses would cost the city authorities around Rp 50 billion. The other projects would be funded by the state budget.

Police kill three men in street robberies

Police kill three men in street robberies JAKARTA (JP): Three men attempting street robberies at two separate incidents were shot dead by police, City Police detective chief for general crime Adj. Sr. Comr. Titto Karnavian said on Tuesday. In the first incident three men armed with machetes tried to rob a bus in Bekasi on Monday evening. However one of the bus passengers was a policeman, Adj. Comr. Maskarif, who foiled the robbery.

RI to reopen trade centers in Sydney, LA and Dubai

RI to reopen trade centers in Sydney, LA and Dubai JAKARTA (JP): Indonesia will reopen three export promotion offices in Sydney, Los Angeles and Dubai, the capital of the United of Arab Emirates, in June this year, a senior trade official said here on Tuesday. Gusmardi Bustami, chairman of the National Agency for Export Development, said that the three trade offices were among the country's 13 overseas trade centers closed in early 1998.

Indonesia tops world's pepper exports

Indonesia tops world's pepper exports JAKARTA (JP): Indonesia's pepper exports jumped to 57,000 metric tons last year, a 59 percent increase from the 36,000 tons in 1999, according to an international organization.

Mahathir criticizes ethnic Malays for misuse of loans

Mahathir criticizes ethnic Malays for misuse of loans KUALA LUMPUR (AP): Prime Minister Mahathir Mohamad has criticized some members of Malaysia's dominant ethnic group for blowing affirmative action opportunities aimed at benefiting them.

Tender: Transparency needed

Tender: Transparency needed From Warta Kota Chairperson for the oversight committee of the Indonesian Bank Restructuring Agency (IBRA) Mar'ie Muhammad recently said that there was yet more openness, as a result of complaints by many tender participants in the mass media, about the implementation of tenders made available at the second stage of a process enabling portfolios of credit to be extended to corporate companies.

S'pore sees rise in visitors

S'pore sees rise in visitors SINGAPORE (AFX-ASIA): The Singapore Tourism Board said it expects visitor arrivals this year to rise 6 percent-8 percent after rising 10.50 percent in 2000. "We are making a cautious projection based on the global forecast that the U.S. economy may be headed for a slowdown," the board's chief executive Yeo Khee Leng said. Besides the U.S.

Myanmar's military regime ready to join hands

Myanmar's military regime ready to join hands YANGON (Agencies): Myanmar's military regime said on Tuesday it was ready to "join hands with all the forces in the nation" in an apparent reaction to the announcement of landmark contacts with Aung San Suu Kyi. But the junta's first secretary Lt. Gen.

Controversial author acquitted of all charges

Controversial author acquitted of all charges JAKARTA (JP): The South Jakarta District Court acquitted on Tuesday the controversial author Wimanjaya K. Liotohe, who had been charged with insulting then president Soeharto with his book Prima Dosa (Prime Sins) published in late 1993. The verdict, read by presiding judge Muchtar Ritonga, was in accordance with the prosecutor's earlier request to free the defendant of all charges.

Marriage law needs revision, says minister Khofifah

Marriage law needs revision, says minister Khofifah JAKARTA (JP): State Minister for Women's Empowerment Khofifah Indar Parawansa said her office was proposing revisions to the 1974 marriage law to ensure greater respect for women's rights and raise the minimum marriageable age to 20 years of age. The proposal to raise of the marriageable age is designed to lower the high rate of maternal and infant mortality in this country.

Secession: RI's democracy dilemma

Secession: RI's democracy dilemma By Sidhesh Kaul JAKARTA (JP): The post-Soeharto era has seen Indonesia engulfed in a spate of separatist struggles. The recent success of the Timor referendum has given fresh impetus to the fires of secessionist movements which continue to burn bright in Aceh, Maluku and Irian Jaya. The fires are beyond concessions and compromises and reason seems to have fled to more nourishing climes.

Word spreads about Malang's tempeh steaks

Word spreads about Malang's tempeh steaks MALANG, East Java (Antara): Tempeh is not merely about chips anymore. The fermented soybean cake, the favorite food of many vegetarians, is being shaped into steaks and dim sum by producers in Malang. Word of the tasty fare has spread and Malang tempeh steaks are gaining a reputation in Bali and Jakarta.

Debt haircut facility for SMEs

Debt haircut facility for SMEs JAKARTA (JP): The Financial Sector Policy Committee (FSPC) decided on Tuesday to allow local banks to provide debt reduction of up to 25 percent in the restructuring of debts owed by small and medium-sized enterprises (SMEs). FSPC secretary Syafruddin Tumenggung said that the decision would help expedite the debt restructuring process of the SMEs.

Susilo questions separation of army and police roles

Susilo questions separation of army and police roles JAKARTA (JP): Coordinating Minister for Political, Social and Security Affairs Susilo Bambang Yudhoyono on Tuesday questioned the separation of the concept of security and defense, and called for a clearer view than the one which currently defines the first as being the realm of the police and the second that of the military.

KONI still needs financial aid from govt

KONI still needs financial aid from govt JAKARTA (JP): The government will maintain its financial assistance to the National Sports Council (KONI) regardless of its independent status and the inception of regional autonomy, Minister of Home Affairs and Regional Autonomy Surjadi Soedirdja said on Tuesday.

Healthy outlook for Asian gas exploration

Healthy outlook for Asian gas exploration SINGAPORE (Reuters): The outlook for gas exploration in Asia, buoyed by the recent inauguration of the West Natuna Transmission System (WNTS), should remain healthy for the next five years, industry sources said on Tuesday. Sufficient long-term benefits still exist, despite concerns over harsh production-sharing terms, a current supply overhang and a fall in demand during the Asian economic crisis. "The economic crisis was just a temporary setback.

Hotels brace for Chinese new year

Hotels brace for Chinese new year JAKARTA (JP): Hotels in the capital have offered various programs as part of Chinese new year celebrations, which falls on Jan. 24. The Sheraton Melia will hold a 12-day Chinese art and painting exhibition, which will be opened by Minister Counselor of the Chinese Embassy Yang Qiang on Wednesday. A giant new year gift box, called angpao, measuring 14.7 meter X 4.7 meter has been placed in the hotel's lobby.

The lighter side of Indian cuisine

The lighter side of Indian cuisine By Mehru Jaffer JAKARTA (JP): When people outside of India think of food from the subcontinent, images of red, hot curries and spiced legs of lamb, chicken and bread baked in clay ovens come to mind. Needless to say there is much more to Indian food; the cuisine of India is as varied and as diverse as the country of one billion itself.

UN return to W. Timor still not possible

UN return to W. Timor still not possible JAKARTA (JP): A visiting UN official said here on Tuesday the security situation on the Indonesian side of the Timor border remained volatile, making it difficult for international relief workers to return there. "It is very important that the security situation in West Timor can be guaranteed (so that) the UN workers can return," said Harri Holkeri, the president of the UN General Assembly.

Mount Merapi cooling down

Mount Merapi cooling down YOGYAKARTA: There has been a decrease in the activity of Mount Merapi, located between Central Java and Yogyakarta, but the local administration is maintaining its alert status on the volcano in anticipation of further eruptions. The head of the Yogyakarta Volcano Technological Development and Research Station, Syamsul Rizal, said here on Tuesday the last activity of any note occurred at 9:28 a.m.

Ajinomoto still sold in Medan

Ajinomoto still sold in Medan MEDAN, North Sumatra: Some 10 tons of Ajinomoto's monosodium glutamate taste enhancer are still being sold in Medan's markets despite the fact that the deadline for the recall of the product is nearing. Records made available on Tuesday by the provincial office of the Ministry of Industry and Trade indicated that a total of 27 tons of Ajinomoto's taste enhancer had been distributed in Medan, while only 16.8 tons had been recalled.

Siemens wins Telkom project

Siemens wins Telkom project FRANKFURT (AFX): Siemens AG said that Siemens Information and Communication Mobile Group (IC Mobile) has received an order worth 65 million euros from the Indonesian mobile radio provider PT Telkom to set up a GSM network in Indonesia and install mobile transmission and switching technology.

Asian monies mostly higher in late trade

Asian monies mostly higher in late trade SINGAPORE (Dow Jones): Most Asian currencies strengthened late Tuesday, finding solace from a pause in the Japanese yen's recent descent, dealers said. North Asian currencies, which had been hardest hit by the yen's weakness in recent weeks, profited from the dollar's correction below Y118. At 0900 GMT, the dollar was quoted at Y118.38, below Y118.75 late Monday in New York, on market talk that U.S.

Asian loans up in 1999

Asian loans up in 1999 HONG KONG (Dow Jones): The total volume of syndicated loans in Asia, including Australia and Japan, more than doubled last year to US$218.4 billion from US$99.8 billion in 1999, according to data released on Tuesday by Thomson Financial. With US$100.3 billion, Japan's loan volume in 2000 accounted for 46 percent of the total Asian loan volume, rising significantly from the previous year's US$36.6 billion volume, Thomson said in a release.

Asmaning reveals web of embezzlement

Asmaning reveals web of embezzlement JAKARTA (JP): A former chairman of the Association of Indonesian Wood Panel Producers (Apkindo) admitted on Tuesday that some funds of the association were misused by the Indonesian Loggers' Association chaired by timber tycoon Muhammad "Bob" Hasan, an official at the Attorney General's Office said.

Traditional method 'Gurah', a breath of fresh air for many

Traditional method 'Gurah', a breath of fresh air for many By Tarko Sudiarno and Nugroho CH YOGYAKARTA (JP): For many Javanese, gurah is a means to cleanse their respiratory system of what ails them. In Javanese, gurah means to rinse; in the healing process, a practitioner treats his patients by assisting them to expel mucus through the nose and mouth. The revitalized patient is supposedly blessed with a clear voice, and the method has long been favored by singers and orators.

Eight named suspects in bombings

Eight named suspects in bombings JAKARTA (JP): Police have arrested eight suspects in connection with the Christmas eve bomb attacks, but reiterated the absence of clues that could lead to the Army's involvement. National Police deputy chief of detectives Brig. Gen. Sudirman Ail said on Tuesday two of the primary suspects were captured earlier in the day in Brebes, the Central Java town which borders West Java.

TV today

TV today TVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Music 8:30 Documentary 9:00 Children's Program 10:00 Music 11:00 Talk Show 12:30 p.m. Interval 3:00 News 3:30 Technology 4:00 Children's Songs 4:30 Student's Quiz 5:00 News 6:00 Village News 7:00 Evening News 7:30 TV Drama 9:30 Music 10:00 News 11:00 Performances Program 2 5:30 p.m. Music 6:30 City News 7:00 Music 7:30 News (in English) 8:30 Documentary TPI 5:30 a.m. Religious Teachings 6:00 News 7:00 Music 9:00 Indian Film 12:00 p.m.

Where to go in Surabaya

Where to go in Surabaya Exhibitions * Painting Exhibition The Power of Religious Colors by seven artists, CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5615246), 9 a.m. to 8 p.m., until Jan. 20. * Poster Exhibition Hari Terindah dalam Masa Remajaku, CCCL - French Cultural Center, Jan. 23 to Feb. 17. Music and Entertainment * The Westin Surabaya, Jl. Embong Malang 85-89 (Phone: 031 5458888): - Java Jimmy's Irish Pub: Aia Reforms Band, Monday to Sunday, 6 p.m.

IBRA to sue former Dharmala boss

IBRA to sue former Dharmala boss JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) will file criminal charges against the owner of the now bankrupt PT Dharmala Sakti Sejahtera over a disputed sale of Dharmala's 40 percent stake in an insurance firm.

Public order officers to be armed with gas pistols

Public order officers to be armed with gas pistols JAKARTA (JP): In a desperate attempt to maintain security in the capital, the city administration has spent Rp 1.2 billion (US$126.315) to purchase 60 gas pistols to equip its public order and civil defense officers. Head of the City Public Order Office Hadi Utomo said on Tuesday that the pistols were needed for self defense in case of attacks during operations to restore order. "Jakartans seem to be more 'brutal'.

Dozens of PAN members to submit resignation letters this week

Dozens of PAN members to submit resignation letters this week JAKARTA (JP): Dozens members of the National Mandate Party (PAN) will submit their resignation letters to the party's executive board within the week as an expression of their disappointment at the party's policies and principles. PAN's deputy secretary-general Bara Hasibuan said the decision to quit the party mostly was because the party had deviated from its original platform as a reform political party.

Bogus antibiotics seized in Surabaya

Bogus antibiotics seized in Surabaya SURABAYA (JP): The East Surabaya Police raided a house used to produce bogus antibiotic capsules on Jl. Kali Lor Indah, arrested the house owners and seized hundreds of thousands of bogus capsules at midnight on Monday. Adj. Sr. Comr. Safaruddin of the East Surabaya Police said on Tuesday that the fake antibiotic capsules were branded Deryclin, Recomycin and Tetracycline.

Angry police officer shoots judge over verdict

Angry police officer shoots judge over verdict JAKARTA (JP): A North Sulawesi Police officer is facing investigation after shooting a judge at the Tondano District Court. National Police spokesman Brig. Gen. Saleh Saaf identified the officer as Tomohon police subprecinct chief, Adj. Comr. J. Lantu, a university graduate, who shot the toe of Judge John Tellew for issuing a verdict which went against his expectations. John survived, although sustaining an injury.

Take your seat for 'lesehan' at the Dharmawangsa

Take your seat for 'lesehan' at the Dharmawangsa JAKARTA (JP): Want to get down, literally, to try the true taste of food from Central Java? If yes, then lesehan, the traditional way of people eating al fresco on the floor, is for you. If you cannot make it to the famed Jl. Malioboro in Yogyakarta or the main streets of Surakarta, where eateries abound, then there are several spots in the capital, including Blok M in South Jakarta and on Jl. Gadjah Mada in the downtown area.

Schools told to replace the Monday 'day off'

Schools told to replace the Monday 'day off' JAKARTA (JP): Director-General for Primary and Secondary Education Indra Djati Sidi on Tuesday asked schools, which halted their activities over possible unrest on Monday, to replace the "sudden day off" to meet the minimum 245 active school days. "We're not supposed to have a holiday every time there is some political tension in the country ... but I understand yesterday's (Jan. 15) situation," Indra Djati told the media on Tuesday.

Athletes receive awards from KONI

Athletes receive awards from KONI JAKARTA (JP): The National Sports Council (KONI) conferred sports awards to various parties for their achievements and contribution to sport in Indonesia at a ceremony on Monday evening. Recipients included athletes, coaches, patrons, referees, families, companies, and institutions. In the athletes category, 18 athletes received the Satya Karya Bhakti Olah Raga with three degrees: Utama, Madya, and Pratama.

Police personnel told to return to units

Police personnel told to return to units AMBON, Maluku (JP): Provincial police personnel have been given a Jan. 20 deadline to return to their units or face dismissal, Maluku Police chief Brig. Gen. Firman Gani said. "The deadline ... is Jan. 20, 2001. So far, there are 17 personnel who have not yet reported their status," Firman said on Tuesday. "Those personnel who have not returned (to their units) by then will face dismissal," he said.

BEI to boost export credit by 85 percent

BEI to boost export credit by 85 percent JAKARTA (JP): State Bank Ekspor Indonesia (BEI) plans to increase its lending in 2001 by 85 percent to Rp 11.95 trillion (US$1.2 billion), up from Rp 6.4 trillion in 2000, bank president Bambang Hendrajatin said here on Tuesday. Bambang said the bank would extend fresh loans of about Rp 5.55 trillion this year, most going to strengthen the working capital of export-oriented companies.

Police enter secret 'bunker', but fail to find Tommy

Police enter secret 'bunker', but fail to find Tommy JAKARTA (JP): After two days of continuous drilling, police officers on Tuesday eventually broke into an air-conditioned underground bunker below the Central Jakarta home of the fugitive Hutomo "Tommy" Mandala Putra. Secretary to the city police detectives chief, Adj. Snr. Comr. Abdullah, said police spent all of Tuesday afternoon making an inventory of what was found in the four meter by four meter room. "No Tommy (in there).

Palm oil ends lower, focuses on China

Palm oil ends lower, focuses on China KUALA LUMPUR (Reuters): Malaysia's palm oil futures ended lower on Tuesday as players awaited confirmation from China that it has issued palm oil import quotas and developments in Europe on a possible ban on all animal fat in feedmeal. The new benchmark third-month April futures contract was down one ringgit at 825 ringgit ($212.89) a ton after trading as low as 810 ringgit.

Tangerang seeks increased revenues

Tangerang seeks increased revenues TANGERANG (JP): The Tangerang regency legislative council demanded on Tuesday that fees collected from vehicle testing be received by the Tangerang authorities, legislators said. Deputy speaker of the regency legislature Eby Djauhari and a member of Commission C, Iin Kurniasih, said that vehicle test fees was a revenue source for the regency.

Garuda operates four more Boeing 737s

Garuda operates four more Boeing 737s JAKARTA (JP): National flag carrier PT Garuda Indonesia has added four more Boeing aircraft to its fleet since November, last year to meet the rising demand for both its domestic and regional flights, a senior executive of the airline said here on Tuesday.

M-Web acquires 100% stake in Astaga!com

M-Web acquires 100% stake in Astaga!com JAKARTA (JP): South Africa-based Internet company M-Web Indonesia has acquired a 100 percent stake in news portal Astaga!com in a move to grasp a greater Internet audience share in Indonesia. M-Web's chief executive officer Stephen Gilmour said here on Tuesday that the acquisition of Astaga would help M-Web market its Internet related services given the portal's popularity in Indonesia.

Gus Dur to testify on scandals at the palace

Gus Dur to testify on scandals at the palace JAKARTA (JP): President Abdurrahman Wahid continued to reject an appearance at the House of Representatives (DPR) for questioning over two alleged financial scandals, but agreed to meet with the investigating committee at the presidential palace, a spokesman said on Tuesday.

NU members to rally for Gus Dur

NU members to rally for Gus Dur JAKARTA (JP): After being prohibited from directly airing their support for President Abdurrahman Wahid here in Jakarta, members of the East Java chapter of the Nahdlatul Ulama (NU) Muslim organization will channel their aspiration to all 37 East Java regency legislative councils on Wednesday, an official said on Tuesday.

Predictions of future President

Predictions of future President From Rakyat Merdeka I am writing this letter to compliment an article written by political "psychic" Suhardiman, entitled The fall of Gus Dur and civil war and published in Rakyat Merdeka on Sunday, Dec. 17, 2000, which was followed by an interview with Suhardiman, entitled Time has passed for Satrio Kinunjoro and published in the same paper on Monday, Dec. 18, 2000.

Ramos says RP coup possible

Ramos says RP coup possible HONG KONG (AFP): Former Philippine president Fidel Ramos warned on Tuesday a military coup was possible if the current embattled leader Joseph Estrada was acquitted of corruption charges. Ramos, in Hong Kong to promote Philippine investment opportunities, told journalists that a coup "could be possible but it is not probable" adding that a "palace coup" was also a likely scenario.

Dharmawan dismissed

Dharmawan dismissed JAKARTA (JP): Chief of the presidential press bureau Dharmawan Ronodipuro was honorarily dismissed by President Abdurrahman Wahid, the presidential media office said in a statement on Tuesday. Dharmawan, who was relieved of his duty through a presidential decree, was replaced by Garibaldi Soedjatmiko, a former officer at the presidential protocol bureau.

Stock quotations on JSX

Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on Jan.

Just king will arrive soon

Just king will arrive soon From Rakyat Merdeka I hope that what I'm going to write about will bring peace to the community. On Jan. 8, 2001, about 10:30 a.m., I met a handsome young man in my house, located in Jalan Kebon Pedes, Bogor municipality. He is about 38 years old. When he came I was reading Rakyat Merdeka.

Rupiah Rates Jan.16

Rupiah Rates Jan.16 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

RI starting to gain from economic reforms: Minister

RI starting to gain from economic reforms: Minister SINGAPORE (Agencies): Indonesia is beginning to reap the benefits of its economic reforms, Trade Minister Luhut Binsar Panjaitan said here Tuesday, urging investors not to be distracted by violence wracking the country. In a briefing to business leaders, Luhut said Indonesia had revised its growth forecasts upwards, as the benefits of reforms undertaken after the 1997 Asian financial crisis began to kick in.

Bank Indonesia treads tight rope as rupiah trips

Bank Indonesia treads tight rope as rupiah trips SINGAPORE (Agencies): Despite its latest foreign exchange curbs, Bank Indonesia cannot effectively immunize its ailing currency from further weakness as it tries to please two masters -- the government and the International Monetary Fund.

S. Korea accuses Japan over World Cup

S. Korea accuses Japan over World Cup SEOUL (AFP): South Korea's top soccer official on Tuesday accused Japan of undermining their co-hosting of the 2002 World Cup finals as the rivals marked the 500-day countdown to the start of the event. Korean organizing committee chief Chung Mong-Joon, a vice president of the international governing body FIFA, condemned Japan's organizing committee for trying to change the official title of the event.

PBSI protests ABC for no RI referee

PBSI protests ABC for no RI referee JAKARTA (JP): The Badminton Association of Indonesia (PBSI) sent on Tuesday a letter to the Asian Badminton Confederation (ABC) protesting the absence of Indonesian referees for the Sudirman Cup and World Championship in Seville, Spain.

KONI chapters confused about decentralized training

KONI chapters confused about decentralized training JAKARTA (JP): Despite uncertainties about budget and responsibilities of the decentralized training centers for the Kuala Lumpur 2001 Southeast Asian (SEA) Games, provincial chapters of the National Sports Council (KONI) claimed on Tuesday they were up to the task.

Curbing rupiah speculation

Curbing rupiah speculation Frustrated with the decline in the rupiah's exchange rate to a level considered way below the economic fundamentals, Bank Indonesia moved on Monday to cut sharply the supply of the local unit which could be used for speculative purposes. However, the market seemed to accept the measures quite well as the central bank stopped short of taking any form of foreign exchange control which, since last year, it had been rumored to flirt with.