Indonesian Political, Business & Finance News

Archive: 18 January 2001

56 articles found

Where to go in Bali

Where to go in BaliExhibition * Painting by German artist Peter Dittmar, at Gaya Fusion of Senses, Jl Raya Sayan (Phone: 0361 979253), until Feb. 10.Museums and Galleries * Blue Moon Gallery, Jl. Tirta Tawar, Banjar Kutuh Kaja, Ubud (Phone: 0361 976727), daily, 11 a.m. to 5 p.m.

Pertina to send boxers to Cadet championship

Pertina to send boxers to Cadet championship JAKARTA (JP): The Indonesian Amateur Boxing Association (Pertina) plans to send a group of boxers to the first international boxing championship for the cadet category (13 to 16 age group) in Baku, Azerbaijan, in September.

Provinces allowed to issue forest concession permits

Provinces allowed to issue forest concession permits JAKARTA (JP): In line with regional autonomy legislation, the Ministry of Forestry has relinquished some of its authority regarding the authorization of new forest concession permits, to provincial administrations.

UN criticizes RI over handling of militias

UN criticizes RI over handling of militias JAKARTA (JP): Despite goodwill from the Indonesian government and leaders of East Timor, a United Nations senior official on Wednesday criticized Indonesia for failing to fully implement Security Council resolution 1319.

Police plan probe into bunker mystery

Police plan probe into bunker mystery JAKARTA (JP): The National Police will question a number of people for providing them with misleading information, in connection with the underground bunker found below the Central Jakarta home of fugitive Hutomo "Tommy" Mandala Putra.

LBH Jakarta condemns purchase of gas pistols

LBH Jakarta condemns purchase of gas pistols JAKARTA (JP): The Jakarta Legal Aid Institute (LBH Jakarta) on Wednesday condemned the purchase of 60 gas pistols to be used by city public order and civil defense officials.

Curriculum revision

Curriculum revision The new learning strategy, according to Accelerated Learning for the 21st Century, will follow the mnemonic method created by Jayne Nicholl, author of Open Sesame. It comprises the following steps: motivating your mind, acquiring information, searching out the meaning,...

Reap what you have sown

Reap what you have sownFrom Rakyat MerdekaWhich is to be destroyed: Cendana or the Palace? From Rakyat MerdekaWhen two elephants fight, a mouse deer will be killed in the middle, so people are fond of saying. The truth of this saying is increasingly visible to us now.

Must Hindu names, symbols be used in non-religious context?

Must Hindu names, symbols be used in non-religious context?By Putu Wirata DENPASAR, Bali (JP): For the Hindu community, Rama, Vishnu and Khrisna, are sacred names.When a motorcycle company PT Sigma Aneka Karya Indah used the three sacred Hindu names for some of their products, as advertised in the...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 17, 2001: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,900 -25 61,500 Adindo Foresta Indonesia 100 0 215,500 Alakasa Industrindo 425 0 0 Alfa Retailindo...

Governor asks for unpaid compensation

Governor asks for unpaid compensation AMBON, Maluku: Governor Saleh Latuconsina submitted a letter of inquiry to state-owned insurance company PT Jasa Raharja on Tuesday, because the company has yet to compensate the families of Masnait passengers who drowned when the boat sank on May 7, 1999.

Tension escalates in Poso: Police

Tension escalates in Poso: Police MAKASSAR, South Sulawesi (JP): The South Sulawesi Police sent 300 personnel from its Mobile Brigade (Brimob) unit to the restive regency of Poso in Central Sulawesi following an escalation in sectarian tension, South Sulawesi Police chief Insp. Gen.

'LinkNet' opens Yogyakarta branch

'LinkNet' opens Yogyakarta branch YOGYAKARTA: LinkNet internet service provider (www.link.net.id) officially opened its branch here on Wednesday, the second after the first opened in Surabaya last week.

RI to host Asian Cup Baseball Championship

RI to host Asian Cup Baseball Championship JAKARTA (JP): Six second division teams are expected to compete in the fourth Asian Cup Baseball Championship at the Senayan Baseball Stadium next month."Besides Indonesia, five other countries will compete in the event.

Maj. Gen. Mahidin posted to Irian Jaya

Maj. Gen. Mahidin posted to Irian Jaya JAKARTA (JP): Commander of the Army's Strategic Reserve Command (Kostrad) 2nd Infantry Division in Malang, East Java, Maj. Gen. Mahidin Simbolon, has been appointed as the New Trikora Military commander replacing the late Maj. Gen. Tonny A. Rompis.

East Timor ups stakes in oil treaty talks with Australia

East Timor ups stakes in oil treaty talks with Australia SINGAPORE (Dow Jones): East Timor is raising the stakes in talks on sharing offshore oil and natural gas revenues with Australia, according to Australian government sources.

Motor vehicle sales in SEA surpass 1m

Motor vehicle sales in SEA surpass 1m BANGKOK (DPA): Motor vehicle sales in the four main Southeast Asian markets reached 1,036,000 units last year, surpassing the one million mark for the first time since 1996, industry sources said on Wednesday.

Return of People Power?

Return of People Power? The People Power revolution may likely recur in the Philippines if the court trial of President Joseph Estrada's corruption charges fails to bring justice to the more than 72 million people of the Philippines.

BI to maintain forex ruling despite protest

BI to maintain forex ruling despite protest JAKARTA (JP): Bank Indonesia deputy governor Achjar Iljas said on Wednesday that the central bank would maintain its new foreign exchange ruling despite reports of protest and confusion among foreign banks."We'll maintain the new ruling ...

U.S. supports Indonesia's policies on troubled Aceh

U.S. supports Indonesia's policies on troubled Aceh JAKARTA (JP): While expressing support for a united territory of Indonesia, United States Ambassador to Indonesia Robert S. Gelbard offered on Wednesday to help ensure the agreement between the Free Aceh Movement (GAM) and Indonesian government a...

Malaysia deputy PM pays old fines

Malaysia deputy PM pays old fines KUALA LUMPUR (AFP): Malaysia's deputy prime minister, a strong supporter of a police crackdown on unpaid traffic fines, has discovered he himself was on the list of offenders.

Estrada's grip on power may in the end slip, say analysts

Estrada's grip on power may in the end slip, say analystsBy P. Parameswaran MANILA (AFP): Scandal-tainted President Joseph Estrada may find it tough clinging on to power despite apparently wriggling his way out of his worst crisis since he took office two-and-a- half years ago, analysts said...

Jailed Khmer leader treated at hospital

Jailed Khmer leader treated at hospital PHNOM PENH (AFP): Jailed Khmer Rouge leader Ta Mok, known as "The Butcher", was taken to hospital and received treatment for high blood pressure before being returned to his prison cell, his lawyer said on Wednesday.

Corruption foils reform movement, says Nurcholish

Corruption foils reform movement, says Nurcholish JAKARTA (JP): Noted Muslim scholar Nurcholish Madjid called on the nation to renew its commitment to fighting all forms of corruption, collusion and nepotism, lest it lose the momentum of the widely touted reform movement.

Flags prevent demolition plan

Flags prevent demolition plan BOGOR (JP): City officers failed on Wednesday to demolish 184 houses which have no building permits in Bojong Kaso village of Cileungsi here after each of the house owners raised the national red-and-white and Indonesian Democratic Party of Struggle flags.

Yusuf fetes old Banten

Yusuf fetes old Banten JAKARTA (JP): Artist Yusuf Susilo Hartono has long been interested in Banten, located on the western coast of Java."Banten once enjoyed a golden age, and its influence was even felt overseas before it suffered a decline," the 42-year-old journalism veteran said of the newly...

Court begins trial of BI governor

Court begins trial of BI governor JAKARTA (JP): The Central Jakarta District Court commenced the trial of Bank Indonesia (Central Bank) governor Syahril Sabirin on Wednesday regarding his alleged involvement in the disbursement of Rp 904 billion (US$96.

Sense and sentiments

Sense and sentiments India, which shares a maritime boundary with a few ASEAN states including Indonesia, has never really been seen by the organization as a direct security threat even in the context of New Delhi's nuclear arms testing in 1998.

Rupiah Rates Jan.17

Rupiah Rates Jan.17 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,925.00 9,925.00 9,378.00 9,472.00Australian dollar 1 4,939.10 5,497.46 5,189.79 5,246.54Austrian schilling 1 610.21 678.94 641.18 647.95Belgian franc 1 208.15 231.59 218.71 221.

KL palm oil down on Indonesia tax news

KL palm oil down on Indonesia tax news KUALA LUMPUR (Reuters): A late sell-off dragged down Malaysian palm oil futures at the close on Wednesday, despite an initial rally triggered by expectations of more buying from China after it released the import quota for this year, traders said.

Party takes bold step towards maturity

Party takes bold step towards maturityBy Mochtar Buchori JAKARTA (JP): The decision of the Indonesian Democratic Party of Struggle (PDIP) leadership to expel 17 of its members, to discharge two of its members from their present party posts, and to issue a stern warning to 25 members for their lax...

Honda sales still high despite tough competition

Honda sales still high despite tough competition JAKARTA (JP): Motorcycle manufacturer and distributor PT Astra Honda Motor (AHM) said on Wednesday that competition from imported Chinese-made motorcycles in the last few years had not effected its sales figure in Indonesia.

Askes eyes rise in premium income

Askes eyes rise in premium income YOGYAKARTA (JP): State-owned health insurance company PT Asuransi Kesehatan (Askes) has forecast a 10 percent increase in premium income this year to Rp 550 billion (about US$58.5 million) from around Rp 500 billion last year.

New Australian envoy presents credentials

New Australian envoy presents credentials JAKARTA (JP): The new Australian Ambassador to Jakarta, Richard Smith, presented his credentials to President Abdurrahman Wahid at a ceremony at the Merdeka Palace on Wednesday.Also delivering credentials was new South African ambassador Norman M. Mashabane.

Police search for marijuana salesman

Police search for marijuana salesman MAKASSAR, South Sulawesi: Jeneponto police are searching for Is, 32, a vegetable vendor at Pasar Terong, who allegedly has been selling marijuana plants.The case surfaced after residents of Jeneponto regency, some 200 kilometers north of here, found on Saturday...

Malaysian Chinese save old school

Malaysian Chinese save old school KUALA LUMPUR (AP): Calling it a triumph, ethnic Chinese parents and rights activists on Wednesday welcomed the government's offer to allow them to return to a condemned school that has become a symbol of the Malaysian minority's struggle to defend its culture.

Stable rupiah more acceptable

Stable rupiah more acceptable With regard to your editorial of Jan. 17, 2001, I am glad to know that more and more people (and the press) agree with the new central bank policy on rupiah transactions for non-residents.

Parking agency in cahoots with 'hoods'

Parking agency in cahoots with 'hoods' JAKARTA (JP): To increase the city's parking revenue, the local authority plans to cooperate with unofficial parking attendants who have control of one-third of street parking here and offer them a shared account mechanism, an official said on Wednesday.

TV today

TV todayTVRI 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 12:00 p.m. Interval 3:00 News 4:00 Children's Program 4:30 Quiz 5:00 News 5:30 Music 6:00 Village News 6:15 TV Drama 7:00 News 7:30 Music 9:00 Music 10:00 News 11:00...

Cases of extortion and discrimination

Cases of extortion and discriminationFrom RepublikaEvery year when the Idul Fitri festival approaches, many Indonesian blue-collar workers and craftsmen employed overseas (TKI) come back home. So they did last year.

Bali needs rules on local liquors

Bali needs rules on local liquors DENPASAR, Bali: Tabanan police Chief Adj. Sr. Comr. Rahardja Subyakta urged local administration and councillors on Wednesday to issue a regulation to control the distribution of traditional liquors in the regency.

Expo organizers ask govt to ease licensing procedures

Expo organizers ask govt to ease licensing procedures JAKARTA (JP): The Association of Indonesia Trade Exhibition Promoters (Asperapi) appealed to the government on Wednesday to simplify the licensing procedures for holding trade fairs and exhibitions in the country.

Muslim consumers' body calls for 'halal' certification agency

Muslim consumers' body calls for 'halal' certification agency JAKARTA (JP): The Indonesian Muslim Consumers Foundation (YLKM) has called for the establishment of a national standardization agency to issue halal certificates indicating that a product is fit for consumption by Muslims.

IOC urges RI to apply for Olympic funds

IOC urges RI to apply for Olympic funds JAKARTA (JP): The International Olympic Committee (IOC) representative Michel Filliau urged the National Sports Council (KONI) to prepare its four-year planning and strategy for the Athens 2004 Olympic Games to secure the Olympic Solidarity scholarship.

Shop-houses have no building permits

Shop-houses have no building permits JAKARTA (JP): Hundreds of shop-houses in Kelapa Gading Barat sub-district, North Jakarta, have no building permit (IMB), a councillor said on Wednesday.Posman Siahaan of the Justice and Unity Party (PKP) asked the local authority to investigate the case, as the...

City needs Army, Police to maintain order

City needs Army, Police to maintain order JAKARTA (JP): The city authorities are seeking more help from the military and police in their citywide crackdown on public order offenders.A member of the just-concluded operation to maintain security and order, R.

IBRA plans to clear over Rp 130t in large bank loans

IBRA plans to clear over Rp 130t in large bank loans JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) plans to resolve and restructure over Rp 130 trillion (US$13.83 billion) in corporate loans in 2001.

Timber workers taken hostage by Irian separatist rebels

Timber workers taken hostage by Irian separatist rebels JAYAPURA, Irian Jaya (JP): Eleven workers of timber company PT Korindo, including a Korean national, were taken hostage by a group of armed men in the district of Asiki, Merauke regency on Tuesday, in the presence of Indonesian military...

Akbar dismisses call for probe into alleged scams

Akbar dismisses call for probe into alleged scams JAKARTA (JP): Speaker of the House of Representatives Akbar Tandjung rejected calls by the National Awakening Party (PKB) faction for an investigation into an alleged financial leakage in the July 2000 House rehabilitation projects and the Inter-...

Working is a ritual of life and 'dharma' for Balinese women

Working is a ritual of life and 'dharma' for Balinese womenText and photos by Murdani Usman GIANYAR, Bali (JP): Balinese women are often portrayed on painters' canvasses in romantic images of beautiful nymphs from heaven, embellished with gold-thread and intricate costumes with flowers in their...

IFC loses bankruptcy vote against Panca Overseas

IFC loses bankruptcy vote against Panca Overseas JAKARTA (JP): PT Panca Overseas Finance (POF) survived a bankruptcy threat when the majority of its creditors approved its debt restructuring proposal on Wednesday.

Six quizzed over car bombing

Six quizzed over car bombing JAKARTA (JP): Police detectives are questioning six people as witnesses, in connection with the bombing of an Espass van in Pancoran, South Jakarta late on Tuesday night.Pancoran police subprecint chief Comr.

Prabowo denies role in bombings

Prabowo denies role in bombings JAKARTA (JP): Former Army Strategic Reserves Command (Kostrad) chief Lt. Gen. (ret) Prabowo Subianto firmly denied on Wednesday allegations he was behind a series of bomb attacks on Christmas Eve.

Huge rally wants Gus Dur to resign

Huge rally wants Gus Dur to resign JAKARTA (JP): Around 3,000 students and youths staged an antigovernment demonstration at the gates of the House complex on Wednesday, demanding President Abdurrahman "Gus Dur" Wahid step down for his alleged involvement in two financial scandals.

Major reshuffle at industry ministry

Major reshuffle at industry ministry JAKARTA (JP): The government replaced four senior officials at the Ministry of Industry and Trade on Wednesday in an effort to revitalize the ministry to adapt better to new challenges.Under presidential decree No. 12/2001 issued on Jan.

Sports officials still in the dark about autonomy

Sports officials still in the dark about autonomy JAKARTA (JP): As regional autonomy is underway nationwide, many sports officials, as with their colleagues in other fields, still have no idea about the concept of autonomy nor its prospects.