Indonesian Political, Business & Finance News

Archive: 25 January 2001

58 articles found

Court examines PRD's evidence

Court examines PRD's evidence JAKARTA (JP): Central Jakarta District Court judges trying a lawsuit filed by the Democratic People's Party (PRD) against a number of former top state officials examined on Wednesday the written evidence presented by lawyers of the plaintiff. The former state officials concerned include former president Soeharto, former home ministry Yogie S. Memet, former Armed Forces chief Gen. (ret) Feisal Tanjung and former Jakarta Military commander Lt. Gen. (ret) Sutiyoso.

Non-seeded clubs fight hard for quarters tickets

Non-seeded clubs fight hard for quarters tickets By Novan Iman Santosa BANJARMASIN, South Kalimantan (JP): The competition between non-Javan badminton clubs turned out to be fierce on the second day of the Inter-club National Badminton Championships as they all had to work hard to earn their victories. Competing in the Hasanuddin HM Sport Hall, host South Kalimantan's Rajawali players survived a humiliating defeat after winning their game against Keshab of East Kalimantan 3-2 in group A.

ASEAN chief commends Arroyo

ASEAN chief commends Arroyo JAKARTA (AFP): The secretary-general of the Association of Southeast Asian Nations (ASEAN) has congratulated new Philippine President Gloria Macapagal-Arroyo, and expressed confidence in her support of the regional body. In a copy of the letter of congratulations dated Jan.

Where to go in Bali:

Where to go in Bali: Exhibition * 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. * Museum Puri Lukisan, Jl. Raya Ubud, Gianyar (Phone: 0361 975136), daily, 8 a.m. to 4 p.m. * Museum of Bali, Jl. Letkol Wisnu, downtown of Denpasar (Phone: 0361 2277271), Tuesday to Sunday, 8 a.m. to 3 p.m.

Sampang chiefs demand regent

Sampang chiefs demand regent SURABAYA, East Java: Some 182 village chiefs from Sampang on Madura island met here on Wednesday with East Java Governor Imam Utomo to demand the immediate installation of regent elect Fadhillah Budiono. The public service in Sampang has been crippled for months due to the absence of the regent. Fadhilah was elected as Sampang regent mid-last year but his inauguration was canceled at the last minute due to reports on his alleged involvement in corruption.(nur)

Bush administration pledges support to Jakarta: Envoy

Bush administration pledges support to Jakarta: Envoy JAKARTA (JP): The administration of new U.S. President George W. Bush pledged to continue supporting Indonesia's democratization process, Washington's envoy to Jakarta said here on Wednesday. "The new administration will of course continue to support the development of strong democracy, strong democratic institutions and strong market economy in Indonesia," U.S.

Subdistrict councils cost Rp1.5b a month

Subdistrict councils cost Rp1.5b a month JAKARTA (JP): The city administration will have to spend at least Rp 1.5 billion (US$160,000) every month when subdistrict councils make their debut in February. Head of the City Subdistricts Administration Office Kusnan said on Tuesday most of the funds would be used to pay monthly salaries of 2,646 subdistrict council members across the city.

Pension funds can freely invest in govt bonds

Pension funds can freely invest in govt bonds JAKARTA (JP): The finance ministry will soon issue a new ruling allowing the country's pension funds to invest up to 100 percent of their money in government bonds, director general of financial institutions Darmin Nasution said on Wednesday. Darmin said that the new measure was expected to activate the trading of government bonds in the secondary market.

Astra to buy local steel for own use

Astra to buy local steel for own use JAKARTA (JP): Car manufacturer PT Toyota Astra Motors has agreed to purchase steel products from PT Krakatau Steel for the manufacture of its Kijang van. According to an agreement signed on Wednesday, Astra will initially purchase 160 tons of steel worth Rp 480 million (about US$51,000) a month from Krakatau.

Government may reduce CPO export tax between 2 and 3%

Government may reduce CPO export tax between 2 and 3% JAKARTA (JP): Minister of Trade and Industry Luhut Pandjaitan said on Wednesday that the government would not eliminate the export tax on crude palm oil (CPO) but may reduce it to between 2 percent and 3 percent from the current 5 percent. "We're trying to find a middle ground. There are two opposing parties here," he told reporters following a meeting with Coordinating Minister for the Economy Rizal Ramli.

PDI-P denies supporting Muladi, Bagir Manan

PDI-P denies supporting Muladi, Bagir Manan JAKARTA (JP): The Indonesian Democratic Party of Struggle (PDI Perjuangan) faction at the House of Representatives made a surprising move on Wednesday, denying responsibility in the latest controversy of the Supreme Court chief election. Secretary of the PDI Perjuangan faction, Heri Achmadi, said his faction had never issued a statement which supported the nomination of Muladi and Bagir Manan.

Police to work with Kopassus to free hostages

Police to work with Kopassus to free hostages JAKARTA (JP): Police will coordinate with the Army's Special Force (Kopassus) to rescue the 16 hostages currently being held by separatist rebels at a remote jungle location in Irian Jaya, National Police Chief Gen. Surojo Bimantoro said on Wednesday. "Community leaders can continue to negotiate, but should all negotiation efforts fail, Kopassus and our own bomb squad will help police officers secure the safety of the hostages," he told reporters.

Bali traditional institutions under question

Bali traditional institutions under question By I Wayan Juniarta DENPASAR, Bali (JP): The beautiful and pristine Beratan Lake in Bedugul, one of Bali's famous tourist resorts, located 60 kilometers north of Denpasar, recently witnessed a tragedy that cost the life of 55-year-old Djohny Leopato. While Djohny was not Balinese, he and his family owned the legal rights to a 1.9-hectare plot of land in the resort area opposite the lake, a strategic and pleasant place for vacationers.

Mahathir misses New Year fun

Mahathir misses New Year fun KUALA LUMPUR (Reuters): Malaysian Prime Minister Mahathir Mohamad skipped a couple of functions to mark the Chinese New Year due to a bout of flu, officials said on Wednesday. The 75-year-old prime minister's weary appearance since his return from a recent trip to Japan has sparked speculation over his health.

Prosecutor investigated

Prosecutor investigated YOGYAKARTA: A local prosecutor was suspended here on Wednesday for allegedly extorting Rp 5 million (US$470) from a defendant. Suratno, a prosecutor at the Yogyakarta prosecutor's office, was suspended pending investigation into the case, the Yogyakarta prosecutor's office chief Hananto Soemardjo told journalists.

NU clerics warn House against toppling Gus Dur

NU clerics warn House against toppling Gus Dur JAKARTA (JP): Some 40 clerics from East Java on Wednesday warned certain groups in the House of Representatives against toppling President Abdurrahman "Gus Dur" Wahid, saying such action would incite unrest among the people and ulemas in the province.

Cell phone thief shot dead

Cell phone thief shot dead JAKARTA (JP): Police detectives shot dead an alleged cellular phone thief at midnight on Tuesday when he attempted to escape arrest at the Coca Cola intersection in North Jakarta. The city police chief of detectives for general crimes, Comr. Tito Karnavian, identified the suspect as Roberta Parulian Mangunsong, 29, a resident of Cempaka Putih subdistrict, Central Jakarta, which is close to the intersection.

Persebaya beats Persema in Bank Mandiri league

Persebaya beats Persema in Bank Mandiri league JAKARTA (JP): Favorite Persebaya Surabaya overcame Persema Malang 1-0 on Wednesday at the 10 Nopember stadium in Surabaya during the first leg of the eastern division of the Bank Mandiri soccer league. Striker Rahel produced Persebaya's sole goal in the 42th minute thanks to a feed from Ronald Pieterz from the midfield.

Govt to spend $45m on fishing ports

Govt to spend $45m on fishing ports JAKARTA (JP): The government will spend about US$45 million this year to expand two major fishing ports in Bitung, North Sulawesi, and Tual, Maluku, a minister said here on Wednesday. Minister of Maritime Affairs and Fisheries Sarwono Kusumaatmadja said the two fishing ports, among the largest in the country, were still too small to accommodate large fishing ships.

Lippo bank responds

Lippo bank responds In response to Mrs. Yuni Trianingsih's letter to Bisnis Indonesia also covered by The Jakarta Post on Jan. 16, 2001, please allow me to respond on behalf of Lippo Bank. We at Lippo Bank appreciate customer comments because it highlights the continual need to improve our services, products, and communication with our customers.

Tommy's bank accounts have yet to be frozen

Tommy's bank accounts have yet to be frozen JAKARTA (JP): The Attorney General's Office remains unable to order that bank accounts in the name of Hutomo "Tommy" Mandala Putra be blocked as it has yet to receive a list of account numbers from Bank Indonesia, an official said on Wednesday. Office spokesman Muljohardjo said the central bank had complained about difficulties in circulating the Attorney General's Office directive to banks at which Tommy has accounts.

Horta wants better U.S.-RI military ties

Horta wants better U.S.-RI military ties JAKARTA (JP): A senior East Timor official called on Washington on Wednesday to resume military ties with Jakarta, saying this would significantly improve security along the border of East Timor. "I will be talking with our friends in the U.S. Congress, saying it is time for the administration ...

Asian currencies steady in thin trade

Asian currencies steady in thin trade SINGAPORE (Dow Jones): Asian currencies were steady to marginally firmer mid-afternoon Wednesday in subdued trading, with most regional participants absent due to the Lunar New Year celebrations, dealers said. Financial markets in Singapore, Hong Kong, Taiwan and South Korea were closed for the holidays.

History's lesson

History's lesson For those with a feeling for humor there may be something comical in the confrontation currently taking place between President Abdurrahman Wahid and the House of Representatives' special committee investigating the Bulog and Brunei scandals. As far as most Indonesians are concerned, though, the stand- off has lasted much too long.

Hypertension might be fatal

Hypertension might be fatal From Suara Karya Indonesia's hypertension cases are increasing from year to year. It "strikes" urban as well as rural societies with quite an apprehensive percentage. Hypertension is the main cause of strokes. In a seminar Control of Hypertension and its affect on the decline of stroke incidents, held on June 17 2000 at Yogyakarta's Gajah Mada University's School of Medicine, it was disclosed that uncontrolled hypertension in Indonesia has reached 95 percent.

Not possible to split Bogor

Not possible to split Bogor From Rakyat Merdeka My understanding of the current reform is that it is improving things drastically, not only the system but also the character of the people. We have been "indoctrinated" with reports of on-going changes taking place in all fields in our country. One of them is the issue of regional autonomy. Unfortunately, some people have not shown appropriates attitude toward it. Why?

Mad cow crisis 'has RI within its reach'

Mad cow crisis 'has RI within its reach' LONDON (Reuters): Indonesia, Thailand, Taiwan and Sri Lanka may become the next victims of mad cow disease after buying potentially tainted animal feed from Britain at the height of the UK epidemic, scientists said on Wednesday. Britain, which banned the feeding of crushed animal carcasses to cattle in 1986, exported much of its stocks of feed to Europe and beyond until a decade later, when the trade was ended.

Rupiah Rates Jan.24

Rupiah Rates Jan.24 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

Silver industry in Bali facing trying period

Silver industry in Bali facing trying period DENPASAR, Bali (Antara): In addition to its elaborate gold jewelry, gold-thread textiles, garments, wooden and bamboo handicrafts, Bali is also well-known for its silver products. Silver items are usually produced by both professional silversmiths as well as amateur craftsmen in Celuk village in Gianyar. Before the crisis, silver handicrafts were one of the major exports of the island.

DEATH TOLL

DEATH TOLL Correction: The article At least 1,041 killed in Aceh in first two weeks of the year in Wednesday's newspaper was incorrect. The quoted death toll was for the period from Jan. 1, 2000, to Jan. 15, 2001, not for the first two weeks of the year. We apologize for the error. -- Editor

Bakrie shifts business focus to infrastructure industry

Bakrie shifts business focus to infrastructure industry JAKARTA (JP): Publicly listed PT Bakrie Brothers will focus its business on the steel-based and telecommunications infrastructure industry following the approval of its debt restructuring deal. Bakrie president Irwan Sjarkawi said that under its debt to equity restructuring deal, Bakrie had relinquished most of its stakes in non-infrastructure subsidiaries.

Bali's Chinese celebrate Lunar New Year in freedom

Bali's Chinese celebrate Lunar New Year in freedom By Murdani Usman DENPASAR, Bali (JP): Thousands of Chinese in Bali celebrated the Lunar New Year on Wednesday at several temples in Kuta, Denpasar and other sites on the island. Happy faces were everywhere as ethnic Chinese, young and old, flocked to temples to pray for good fortune. They were able to observe their New Year in a free and merry atmosphere this year.

Provinces demand better chances for their shuttlers

Provinces demand better chances for their shuttlers BANJARMASIN, South Kalimantan (JP): Badminton officials from out-of-Java provinces demanded better opportunities for their shuttlers in order to catch up with Java-based players while at the same time admitting a wide gap of achievement between Java- based and shuttlers from the rest of the country.

One dead as fresh violence erupts in C. Maluku

One dead as fresh violence erupts in C. Maluku AMBON, Maluku (JP): Fresh violence erupted in Hatualang village in Pirus district, West Seram island in Central Maluku on Wednesday, resulting in the death of a soldier. "Around 6 a.m. local time on Wednesday, some 500 armed raiders attacked the village forcing 1,000 people to flee and hide in the jungle," a senior operations officer with the Pattimura Military Command, who asked not to be named, said on Wednesday. Sgt.

Bus company tries to stem burden of debt

Bus company tries to stem burden of debt JAKARTA (JP): In an urgent attempt to make up for the removal of a government subsidy next month, the state bus company PPD plans to sell some of its bus compounds and increase the daily rental fee charged to drivers. The company's spokesman, Suryadi, said on Wednesday that some of its compounds, along with facilities such as workshops, are offered based on the current valuation for taxable assets.

Arroyo gets crucial support, consolidates grip on power

Arroyo gets crucial support, consolidates grip on power MANILA (Reuters): New Philippine President Gloria Macapagal Arroyo consolidated her grip on power on Wednesday when a coalition of parties backing her wrested control of the House of Representatives from deposed leader Joseph Estrada's supporters. Barely five days in office and grappling with a depleted treasury and volatile markets, Arroyo also won pledges of support from the United States and international financial institutions.

Newmont in new environmental row with fresh leak

Newmont in new environmental row with fresh leak By Hera Diani JAKARTA (JP): Mining firm PT Newmont Nusa Tenggara (PT NNT) said a leak had occurred on the tailing pipeline from its operation in the western half of Sumbawa Island, West Nusa Tenggara, but claimed that everything was under control. Company officials maintained that the leak, which has reportedly spilled some 10,000 liters of waste, was minor and that the spill was harmless. The company's Media Relations Superintendent T.

Streets vendors rally against ban

Streets vendors rally against ban DENPASAR, Bali: Hundreds of street vendors staged peaceful rally here on Wednesday protesting a recently-issued decree that bans them from doing business at the famous Sanur beach area. The protest organizer Jaelani Argo called on authorities to revoke the ban since no alternative spot has been provided by the administration for vendors to sell their wares.

RI to reduce Henry Dunant Center's role

RI to reduce Henry Dunant Center's role JAKARTA (JP): Minister of Foreign Affairs Alwi Shihab confirmed on Wednesday the plan to reduce the role of the Swiss- based Henry Dunant Center in mediating talks with the Acehnese as the government has decided to involve all dissenting Aceh factions in future talks. He said the results of the negotiations with separatist Free Aceh Movement (GAM), mediated by the Center, had shifted away from what the government had expected.

Swimmers have chance to rejoin SEA Games

Swimmers have chance to rejoin SEA Games JAKARTA (JP): Three national men's swimmers still have a chance to compete in the Kuala Lumpur Southeast Asian (SEA) Games in September despite the fact that they were excluded from the decentralized training program. "Twins Albert and Felix Susanto, and Steven Chandra still have a chance to compete in the SEA Games as long as they can perform well at the national championships in May.

Appeal for unity

Appeal for unity Since the transfer of the presidency from Soeharto to Habibie and at the present under the administration of Abdurrahman Wahid, the economic recovery of this republic has remained a big question mark. The exchange rate of the rupiah to the U.S. dollar does not come up to our expectations and foreign investors are seemingly reluctant to invest their capital in Indonesia.

Manila denies Estrada's claim to presidency

Manila denies Estrada's claim to presidency MANILA (AP): The government moved on Wednesday to prevent former President Joseph Estrada from making any legal claim to the presidency as tax collectors froze one of his bank accounts amid an investigation that he grew rich off bribes and kickbacks. Estrada has sent a letter to the Senate saying he didn't resign but turned over power to Vice President Gloria Macapagal- Arroyo temporarily.

Consumer confidence index stable: Danareksa

Consumer confidence index stable: Danareksa JAKARTA (JP): The consumer confidence index, made up of the present situation index and the expectations index, showed little movement in December, according to a survey by the Danareksa Research Institute. The index was at 56.4 in December, up slightly from the 56.8 the previous month. The increase in the expectations index, from 70.1 to 71.8, offset a decrease in the present situation index, which went from 38.9 to 36.0.

Students deliver political message with their art

Students deliver political message with their art By Matdon BANDUNG (JP): Five young artists have come together for an exhibition with the provocative title "Dasar Babi-Babi. Hancurkan Sisa-Sisa Orde Baru, Golkar + Militerisme" (You pigs! Crush the remaining elements of the New Order, Golkar and Militarism).

Lawyers' code of ethics not morally binding: Expert

Lawyers' code of ethics not morally binding: Expert JAKARTA (JP): Many lawyers violate the professional code of ethics as the rules are not morally binding while the existing supervisory bodies do not work, a legal expert said on Wednesday. Harkristuti Harkrisnowo from the University of Indonesia, was of the opinion that there had yet to be any rules that were morally, let alone legally, binding on lawyers.

Business comes to a halt for Chinese New Year

Business comes to a halt for Chinese New Year JAKARTA (JP): Business downtown was mostly on hold on Wednesday as people celebrated Chinese New Year. Most of the stores in the Glodok and Harco electronic centers, and in Pasar Pagi, Mangga Dua and ITC (International Trade Center) shopping centers, whose owners are mostly Chinese Indonesians, were closed. Vendors who ran their businesses as usual were mostly native Indonesians.

8.5 million children drop out, face school dropout this year

8.5 million children drop out, face school dropout this year JAKARTA (JP): An estimated 8.5 million children of elementary and junior high school age in Indonesia have either already dropped out or are likely to drop out of school this year, the National Movement of Foster Parents Foundation (GN-OTA Foundation) revealed on Wednesday.

Ministers deny companies relocating their plants

Ministers deny companies relocating their plants JAKARTA (JP): Minister of Industry and Trade Luhut Pandjaitan denied on Wednesday reports claiming that some export-oriented companies had fled Indonesia in fear of rampant labor disputes. He said his ministry hadn't found evidence of any company that had decided to uproot its business because of concerns over labor disputes.

Nine Thais injured at Lao border post

Nine Thais injured at Lao border post BANGKOK (AP): An explosion rocked a border and immigration checkpoint in Laos, just across the Mekong river from Thailand, injuring at least nine Thai tourists, police said. They said the explosion appears to have been caused by a bomb. The injured, including two in a serious condition, were brought by Lao immigration officials to the Thai town of Nong Khai, police Col. Sakda Wongsiriyanon said in a telephone interview from the town.

Luxury tax imposed on 41 products

Luxury tax imposed on 41 products JAKARTA (JP): The government has imposed a luxury sales tax of between 10 percent and 75 percent on 41 items of consumer goods including small size television sets and other home appliances. The Ministry of Finance announced on Wednesday the new luxury tax, which became effective early in January, was needed to boost tax revenues and prevent the country from being flooded with imported luxury items.

Courts urged to proceed with Syahril's trial

Courts urged to proceed with Syahril's trial JAKARTA (JP): Prosecutors urged the Central Jakarta District Court on Wednesday to proceed with the corruption trial of Bank Indonesia governor Syahril Sabirin. Chief prosecutor Y.W. Mere said that proceedings should continue because the indictment is clear and the court has legal authority to try the case.

Stock quotations on JSX

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

Images of Bali through the lens of Paul Spies

Images of Bali through the lens of Paul Spies JAKARTA (JP): When he first set foot on Java in the 1920s, Paul Spies probably had no idea that he would gain a reputation for his photographic documentation of the then Dutch East Indies. Born in 1904 in Rotterdam, Spies, whose works are the subject of an exhibition at Erasmus Huis, accepted a position in Javasche Bank in the colony, eventually rising to the position of general manager.

Helicopter crashes in Ancol

Helicopter crashes in Ancol JAKARTA (JP): Two people survived a helicopter crash uninjured on Wednesday when the aircraft belonging to PT Heli Zona attempted an emergency landing on a golf course on the Taman Impian Jaya Ancol recreation site in North Jakarta.

Anwar denied surgery overseas

Anwar denied surgery overseas KUALA LUMPUR (Reuters): The Malaysian government said on Wednesday that jailed former finance minister Anwar Ibrahim's request for spinal surgery abroad was unjustified as treatment was available locally. Anwar, laid up in a government hospital with a slipped disc for nearly two months since being moved from prison, is seeking endoscopic micro spinal surgery (EMS), which he says carries minimal risk but is unavailable in Malaysia.

Eighty coaches invited for a refresher course

Eighty coaches invited for a refresher course JAKARTA (JP): Eighty coaches from 29 sports organizations are expected to join the refresher course that is to be staged by the National Sports Council (KONI) as a way of improving their skills in grooming athletes prior to the 2001 Southeast Asian (SEA) Games. The course organizing committee chairman, Gandring Soegiantoro, told reporters on Wednesday that the coaches would be given instructions on how to plan a training program and to review it.

Bogor to build five overpasses

Bogor to build five overpasses BOGOR (JP): The Bogor mayoralty administration will begin construction on five overpasses to ease traffic on streets that intersect railway tracks. Administration secretary Itoch Tochija said on Tuesday each overpass would cost the mayoralty between Rp 20 billion (US$2.1 million) and Rp 30 billion. The overpasses will be built on Jl. Raya Baru Kemang, Jl. MA Salmun, Jl. Martadinata, Jl. Kebonpedes and Jl. Pemuda.

PBVSI to stage All-Star match

PBVSI to stage All-Star match JAKARTA (JP): Twenty men's and 20 women's volleyball players will compete in an All-Star game on Sunday at the Senayan indoor stadium. The chief of the organizing committee, Hanny Surkatty, said on Tuesday the players were chosen by volleyball fans during the 2000 volleyball league's first and second legs and the final four, which ended on Jan. 14. The men's and women's teams are divided into eastern and western divisions, with ten players on each side.