Indonesian Political, Business & Finance News

Archive: 26 January 2001

54 articles found

City sets no deadline on subdistrict councils

City sets no deadline on subdistrict councils JAKARTA (JP): The city administration has withdrawn a Jan. 31 deadline for the establishment of subdistrict councils in response to complaints from residents that they were given too little time to elect their representatives. "The Jan. 31 deadline is not final.

A novel idea

A novel idea I must thank you for publishing a letter regarding the initially somewhat bizarre notion of opening a special cemetery to accommodate "heroic" civil servants (The Jakarta Post, Jan. 23, 2001). It was such a novel idea that I was prompted by idle curiosity and a little time on my hands to look up the word hero to see if it could in fact be applied routinely to civil servants who die while working, as the writer suggests.

Officials defend planned bus station relocation

Officials defend planned bus station relocation JAKARTA (JP): City officials here on Thursday defended the planned relocation of the Pulogadung bus terminal, arguing that feasibility studies on the two possible relocation sites could help improve access to the new bus terminal. The chief of the planning division at the City Land Transportation Agency, D.A. Rini, said that vehicle density and the capacity of the roads surrounding the bus terminal must be considered.

RP minister quits over appointment of Abadia

RP minister quits over appointment of Abadia MANILA (AFP): Crisis returned to the Philippines on Thursday when the defense secretary resigned over new President Gloria Arroyo's appointment to cabinet of a former general under investigation for corruption. As Arroyo showed off her cabinet to a news conference, any hope the new administration would usher in much needed stability evaporated as Defense Secretary Orlando Mercado announced his departure across town.

PKB faction not to react to report on Bulog scandal

PKB faction not to react to report on Bulog scandal JAKARTA (JP): The National Awakening Party (PKB) faction stated Thursday that it would not take any political action as a result of the special committee investigation of the Bulog scandal. "We hope the result of the committee should be clear of any political nuances and the report will be objective," faction member Ali Masykur Moesa told The Jakarta Post. The party is a strong supporter of President Abdurrahman Wahid.

Govt plans to issue short-term bonds

Govt plans to issue short-term bonds JAKARTA (JP): The government plans to issue six to 12-month bonds in April this year to replace part of the outstanding government bank recapitalization bonds, according to director general of financial institutions Darmin Nasution. Darmin said on Thursday the measure would ease the pressure on the state budget when the majority of the outstanding government bonds mature in 2004.

Healthy Village 2003 program

Healthy Village 2003 program JAKARTA (JP): Cisalak village in West Java has been chosen as a model for the Healthy Village 2003 program by PT Roche Indonesia. Under the program, villagers will be taught how to adopt healthy lifestyles. In its statement, PT Roche Indonesia said the company and its partners would be actively involved in introducing healthy habits in the "foster village" over the next two to three years.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Fine Art, Galeri Nasional Indonesia (the National Gallery), Jl. Medan Merdeka Timur 14, Gambir, Central Jakarta (Phone: 34833954), until Feb. 6. * Photo: Milenium Moment, Anggota Galeri Cahya, Galeri Foto Cahya, Wisma Surya Kemang, Jl. Kemang Raya no. 33, South Jakarta, until Feb. 8. * Photo: Artlife on Bali: 1930-1958 by Paul Spies, Erasmus Huis, Jl. H.R. Rasuna Said Kav. S-3, South Jakarta (Phone: 5241069), until Feb. 24.

Cisco buys into Softbank

Cisco buys into Softbank TOKYO (AFP): U.S. computer giant Cisco Systems Inc. said Thursday it was investing US$200 million in Japan's Softbank Corp. as part of an alliance aimed at developing Internet infrastructure throughout Asia. Cisco said it would acquire a 1.65-percent stake in Japan's top Internet investor next month through a third-party allocation of shares worth 23.3 billion yen ($199 million).

Gus Dur's refusal to name chief justice attacked

Gus Dur's refusal to name chief justice attacked JAKARTA (JP): President Abdurrahman "Gus Dur" Wahid has provided illogical arguments to support his rejection of the House of Representatives' candidates for the chief justice position, a seminar concluded on Thursday. Legal experts speaking at the seminar also suggested that Gus Dur choose the best of the two proposed nominees for the sake of control over all levels of trial proceedings, the job performed by a chief justice.

Jakarta's Retro Club, where beautiful people of all ages get down

Jakarta's Retro Club, where beautiful people of all ages get down JAKARTA (JP): It's the in place for beautiful people at the moment, but does Retro Club, the subject of this week's bar/club review, live up to its heralded reputation? Location: Located on the ground floor of the Crown Plaza hotel, Jl. Gatot Subroto kav 2-3, Retro is pretty easy to find. Parking, especially on weekends, is another matter. Come prepared to double, or even triple park on the street. Probably better to take a cab.

Bank soundness

Bank soundness Even in normal times banking, by its very nature, entails taking an array of risks. Given this, one can imagine the enormous risks banks run in Indonesia's current situation, pregnant with political uncertainty, legal imbroglios and complex economic woes. The banking industry, particularly the 15 major banks recapitalized in 1999 and 2000, must run the gamut of risks related to market competition, credit, interest rates, liquidity and foreign exchange rates.

Pro- and antigovt rallies staged in several cities

Pro- and antigovt rallies staged in several cities JAKARTA (JP): More students and youths turned out for rallies against and in support of the government on Thursday as the investigation into President Abdurrahman Wahid's alleged involvement in two financial scandals came close to its finale.

Bogor gets tough on students involved in brawls

Bogor gets tough on students involved in brawls BOGOR (JP): The mayoralty's education ministry office has called on schools to dismiss students involved in brawls or found in the possession of weapons. The office's head of youth affairs and sports, Ade Syarif Hidayat, said on Wednesday the warning was issued because student brawls in the city showed no signs of abating despite a recent joint operation targeting delinquent students.

RI cocoa farmers ready to boost crop

RI cocoa farmers ready to boost crop ABIDJAN (Reuters): Indonesia's cocoa farmers are ready to increase their crop to over 500,000 tons in spite of low world prices and poor spraying against diseases, a leading cocoa researcher said on Wednesday. "The (government) objective of 500,000 tons or more is very realistic in spite of the havoc wreaked by the pod borer and in spite of the slump in cocoa prices," French researcher Francois Ruf told Reuters in an interview on Wednesday.

Hot air balloons an Idul Fitri fixture in Central Java's Kertek

Hot air balloons an Idul Fitri fixture in Central Java's Kertek By Simon Sudarman WONOSOBO, Central Java (JP): The sky above Kertek, a small town near Wonosobo, Central Java, was bright in the crisp morning air. Dozens of residents of the town, located at the foot of Sumbing and Sindoro mountains, gathered in groups. In the cramped alleys between their homes, each group eagerly prepared to launch giant, gaily decorated balloons into the sky.

RI plans to boost its oil output by 160,000 bpd

RI plans to boost its oil output by 160,000 bpd JAKARTA (JP): Within the next two years, Indonesia is expecting to boost its oil output by 160,000 barrels of oil per day (bpd), from the development of two large offshore oil fields in the Makassar Straits and West Natuna, state oil and gas company Pertamina said on Thursday.

Stock quotations on JSX

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

TNI's territorial role is still needed: Agus

TNI's territorial role is still needed: Agus JAKARTA (JP): Indonesian Military (TNI) Chief of Territorial Affairs Lt. Gen. Agus Widjojo defended on Thursday the military's territorial role, saying that it was still needed in observance of the country's defense requirements. He said that the territorial role was still acceptable as long as its scope were restricted to the country's defense programs.

Nine sex workers in Batam have AIDS

Nine sex workers in Batam have AIDS BATAM, Riau: Nine of 5,000 sex workers operating in various nightspots and red-light districts in Batam are infected with the lethal AIDS virus, and 61 others are carrying HIV, which can cause AIDS, a health survey found last year. The survey was conducted by the health ministry office at the end of last year. The head of the health ministry office in Batam, Dr. Mawardi Badar, said that those infected with AIDS and carrying HIV were under 35 years old.

Dirgantara delivers CN-235 to RP buyer

Dirgantara delivers CN-235 to RP buyer BANDUNG (JP): Bandung-based PT Dirgantara Indonesia, formerly known as PT Industri Pesawat Terbang Nusantara (IPTN), handed over a CN-235's 36-seat passenger plane on Thursday to the Philippine airline, Asian Spirit. "This is the second of five CN-235 planes ordered by Asian Spirit.

Kopitime.com to float shares

Kopitime.com to float shares JAKARTA (JP): PT Kopitime Dot Com (Kopitime), an e-commerce portal company, will launch its initial public offering (IPO) in March this year in order to raise funds to finance its e-commerce expansion. Kopitime's president Indrajaya P. Januar(center) said here on Thursday that it would sell 120 million shares, or 19.35 percent of its total holdings, to the public during an offer period to be held from March 12 to March 14.

Defending champ PSM draws with Pusam 0-0

Defending champ PSM draws with Pusam 0-0 JAKARTA (JP): Defending champion PSM Makassar unexpectedly was forced to a scoreless draw by host Putra Samarinda (Pusam) at the Mulawarman stadium in Bontang, East Kalimantan, Thursday in the eastern division of the Bank Mandiri national soccer league. PSM had four golden chances in first 15 minutes of the first half but strikers Kurniawan Dwi Yulianto and Fouda Ntsama failed to finish them well.

PNG Police arrest leader of Irian separatists

PNG Police arrest leader of Irian separatists JAKARTA (JP): Papua New Guinea (PNG) Police have arrested an Irian Jaya separatist leader and 12 rebel members, officials said on Thursday. "We have been informed that Free Papua Movement (OPM) commander Mathias Wenda and 12 of his men were arrested on Tuesday (Jan. 23) in the Vanimo district of Papua New Guinea," Irian Jaya Police Operation and Control chief Sr. Comr. Kusnadi told The Jakarta Post from Jayapura.

Asian currencies mixed in thin holiday trading

Asian currencies mixed in thin holiday trading SINGAPORE (Dow Jones): Asian currencies were mixed Thursday in holiday-thinned trade, with the Philippine central bank citing the stabilizing peso in its move to cut short-term interest rates by a half percentage point. Regional currency trading was limited to the peso, which fell slightly, the Thai baht, which gained, and the Indonesian rupiah, which slid.

House queries ambassadorial candidates

House queries ambassadorial candidates JAKARTA (JP): As part of its constitutional obligations, the House of Representatives (DPR) queried on Thursday nine prospective candidates for Indonesian ambassadorial positions. The hearing was held by House Commission I on security affairs. "This is the first time in Indonesia's legislative history that the House has held a hearing with ambassadorial candidates.

Let us be the way we were

Let us be the way we were From Rakyat Merdeka Until a few years ago Indonesians have been known to be warm and friendly people, always willing to help each other and to uphold justice. We hate to see the changes this era of reform has made. We hate to hear other nations call us a barbaric nation where brutal killings go unpunished.

Elize's lawyer, police give conflicting accounts

Elize's lawyer, police give conflicting accounts JAKARTA (JP): A lawyer of bomb-carrying suspect Elize Maria Tuwahatu said on Thursday that his client had retracted her statement that she had received the bombs from fugitive Hutomo "Tommy" Mandala Putra, but city police are insisting that she did no such thing. "Elize's lawyer M. Bugis can say what he likes, but Elize has never retracted her statements.

Denmark drops RI as candidate for aid

Denmark drops RI as candidate for aid JAKARTA (JP): Denmark has dropped Indonesia as a candidate to become one of the country's main aid recipients due to the shaky political climate, officials said on Wednesday.

Rupiah Rates Jan.25

Rupiah Rates Jan.25 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

Tap water, 'halal' or 'haram'?

Tap water, 'halal' or 'haram'? Upon reading the complaints of East Cengkareng villagers that their skins became itchy after using water supplied by the Drinking Water Company (PAM) published in Suara Pembaruan of Jan. 21, 2001), I remembered my talk with a second echelon official of the Directorate General for Supervision of Drug and Food in a halal bihalal event. He questioned PAM's potable water status, halal (religiously permissible) or haram (religiously forbidden).

Beddu's dossiers submitted to court

Beddu's dossiers submitted to court JAKARTA (JP): South Jakarta Prosecutors' Office chief Antasari Azhar submitted on Thursday the dossiers of the former State Logistics Agency (Bulog) chief Beddu Amang to the South Jakarta District Court. The court president, Lalu Mariyun, said that he would appoint the judges to handle the case soon after he had studied the dossier.

Antam expects to get $120m loan

Antam expects to get $120m loan JAKARTA (JP): Publicly listed general mining company PT Aneka Tambang (Antam) expects to obtain a US$120 million loan from the German-based IKB Deutsche Industriebank AG to boost its nickel production capacity to 24,000 tons from it current 11,000 tons, a company executive said.

RI needs major resuscitation

RI needs major resuscitation By Donna K. Woodward MEDAN, North Sumatra (JP): Gradual reform is going nowhere. Discontent is escalating. The stage is set for revolution. Governments do not like the "R" word. They fear it. Understanding the perils, even ardent reform-minded critics of the status quo now caution against revolution as a way out of crisis. Is revolution an unalloyed evil? Should revolutionary stirrings be repressed?

Merapi activity intensifies

Merapi activity intensifies YOGYAKARTA: The Mount Merapi volcano continued to intensify its activity on Thursday, causing the Yogyakarta Volcanology and Development Research Station (BPPTK) to upgrade the volcano to high alert status. BPPTK head Syamsul Rizal said that after calming down for about three hours on Wednesday, the 2,968-meter-high volcano discharged hot clouds every two minutes for a period of one hour around noon on Thursday.

Seeded clubs cruise to badminton c'ships quarters

Seeded clubs cruise to badminton c'ships quarters By Novan Iman Santosa BANJARMASIN, South Kalimantan (JP): Seeded badminton clubs, mostly from Java, proved their power over non-Javan clubs in final round-robin matches at the Inter-club National Badminton Championship at Hasanuddin HM sports hall on Thursday. Top seed and favorite Jaya Raya of Jakarta, relying mostly on its world class shuttlers, crushed host Rajawali 5-0 in group A.

IMF stresses need for BI independence

IMF stresses need for BI independence JAKARTA (JP): The International Monetary Fund (IMF) reiterated on Thursday the importance of maintaining the independence of Bank Indonesia and its monetary policy to ensure the recovery of the country's economy. "It's important for Indonesia to maintain the independence of the central bank," IMF Jakarta representative John Dodsworth told reporters following a meeting with House of Representatives Speaker Akbar Tandjung.

Three dead in Aceh shooting

Three dead in Aceh shooting BANDA ACEH, Aceh: Three people, including two soldiers, were killed in Aceh in a drive-by shooting. "Two soldiers, identified as Cpl. Rustam and Cpl. P. Hutasoit were shot dead when gunmen opened fire from a passing vehicle in Juli Kedai Dua, Bireun regency on Wednesday," chief of infantry battalion 113/Jayasakti Lt. Col. Erda Bachtiar said on Thursday. The two soldiers died instantly and a resident named Umar Sidi was also killed during the pursuit of the gunmen.

Bob Hasan pleads not guilty

Bob Hasan pleads not guilty JAKARTA (JP): Timber tycoon Muhamad 'Bob' Hasan, who is facing a possible eight-year jail term if convicted of corruption charges, pleaded not guilty on Thursday. The defendant told the Central Jakarta District Court in his defense statement that he knew nothing about the US$87 million collected from the Indonesian Forest Concessionaires Association (APHI) members, which prosecutors claim was obtained fraudulently through an aerial mapping project.

Attorney General seeks clarification from Ghalib

Attorney General seeks clarification from Ghalib JAKARTA (JP): Attorney General Marzuki Darusman will question his predecessor Andi Muhammad Ghalib over his statements that two top officials had prevented the office's efforts in the prosecution of former president Soeharto, an activist said on Thursday. Ghalib will be summoned early next week to clarify his charge on former president B.J Habibie and former military chief/minister of defense and security Gen.

Free Aceh Movement: A 'political theater' in the making

Free Aceh Movement: A 'political theater' in the making By Aboeprijadi Santoso AMSTERDAM (JP): The extended truce until Feb. 15, dubbed "moratorium on violence", between the Indonesian government and the Free Aceh Movement (GAM) may be a unique test case for both Aceh and President Abdurrahman "Gus Dur" Wahid's government. A successful moratorium may lead to a "democratic consultation" in Aceh, but a failure would be worse for all sides.

Two soldiers involved in attack to be quizzed

Two soldiers involved in attack to be quizzed JAKARTA (JP): The Indonesian Military (TNI) will question two soldiers over their alleged involvement in an attack on Monday on a security post in Ambon, the riot-torn capital of Maluku, TNI Chief Adm. Widodo A.S. said on Thursday. "I have issued an order for the two officers to be taken to Jakarta for further investigation," Widodo said here before a Cabinet meeting as quoted by Antara. Army Chief of Staff Gen.

RI denies buying UK animal feed

RI denies buying UK animal feed JAKARTA (JP): The Indonesian Feedmillers Association, seeking to dampen new fears that Indonesia could be hit by mad cow disease due to the use of tainted feed, said Indonesia had never imported cattle feed or raw materials for cattle feed from countries with recorded mad cow disease, including Britain. "We rarely or almost never import feed products or raw material for feed from European countries, including Britain.

PSN, partners get India license

PSN, partners get India license JAKARTA (Dow Jones): A joint venture led by Indonesia's PT Pasifik Satelit Nusantara obtained a license last week to provide its satellite mobile phone service in India, said an executive with the Nasdaq-listed company. The joint venture - AceS International Ltd. - plans to invest $30 million with India's Shyam Telecom Ltd. to get the system up and running later this year, said the company's president, Adi Rahman Adiwoso, in an interview with Dow Jones Newswires.

Officials sacked for collusion

Officials sacked for collusion JAKARTA (JP): The West Jakarta mayoralty office fired five senior officials for collusive practices last year, but stopped short of instigating legal action. Dismissal was the most severe form of punishment handed out to the errant employees, West Jakarta mayor Sarimun Hadisaputra said earlier this week. Sarimun refused to identify the discharged officials, saying it would demoralize their families. The mayor has already named replacements for the positions.

Bus operators get discount on vehicle inspection fees

Bus operators get discount on vehicle inspection fees JAKARTA (JP): The city administration bowed to small bus operators' demands for a 75 percent discount on vehicle inspection fees following a rally staged by up to 1,000 bus drivers at City Hall on Thursday. The approval was given after two hours of negotiations with representatives of the small bus operators grouped in the Wahana Kalpika Cooperative (KWK).

Fitria, Merani intend to take part in SEA Games

Fitria, Merani intend to take part in SEA Games JAKARTA (JP): The Indonesian Karate-Do Federation (FORKI) gave national women's karatekas Fitria Mega and Merani Mega Sjaukat five days to reconsider their decision to leave the Institut Karate Indonesia (Inkai) karate school. The athletes must reverse their decision if they wish to take part in the Southeast Asian (SEA) Games in Kuala Lumpur.

Dismissed workers threaten to occupy Shangri-La hotel

Dismissed workers threaten to occupy Shangri-La hotel JAKARTA (JP): Hundreds of employees of the Shangri-La Hotel staged a rally in front of the Hotel on Jl. Jend. Sudirman, Central Jakarta, on Thursday and threatened to occupy the building if the management failed to reemploy dismissed workers.

E. Timor militiaman gets 12 years

E. Timor militiaman gets 12 years DILI (AP): In the first successful prosecution for the destruction of East Timor in 1999, an international court sentenced a pro-Indonesian militiaman to 12 years in prison for murder. Joao Fernandes, a member of the Merah Putih (Red and White) militia gang, was found guilty of killing a pro-independence activist in the town of Maliana, close to the border with Indonesian-held West Timor, on Sept. 8, 1999.

Government prepares a new emergency law

Government prepares a new emergency law JAKARTA (JP): The government is preparing a new emergency law, replacing a previous law drafted during the rule of former president B.J. Habibie which has not been enforced due to strong public opposition, a minister said on Thursday.

'Becak' restricted from main roads

'Becak' restricted from main roads BOGOR (JP): The city administration here will issue a regulation in the near future banning three-wheeled transportation, or becak, from major streets. City administration secretary Itoch Tochija told reporters recently that the new ruling was not aimed at eliminating the traditional public vehicle, whose number is estimated to have reached 2,000. "We just want to prevent becak from disrupting traffic order in the city.

Laos says bridge was bombed

Laos says bridge was bombed BANGKOK (Agencies): Laos said on Thursday a bomb planted by "bad people" had caused an explosion which injured at least nine people on a bridge linking the country with Thailand. More than a dozen people were injured when the bomb ripped through a crowded Laos border checkpoint, in the latest of a series of mystery attacks to hit the communist country, officials said on Thursday.

Closer ties with Myanmar

Closer ties with Myanmar BANGKOK (AFP): The Thai Rak Thai party, which is set to form Thailand's next coalition government, plans to forge closer ties with Myanmar, a report said on Thursday. The Bangkok Post said the party's deputy leader Pitak Intrawithayanunt told a senior foreign affairs official that he was in favor of the ministry helping to explore trade opportunities with its military-run neighbor.

Malaysia hopes to do well from SEA Games

Malaysia hopes to do well from SEA Games JAKARTA (JP): Malaysia hopes to earn more than 4 million ringgit (US$1.06 million) as host of the 21st Southeast Asian (SEA) Games in September. Berita Harian daily reported multinational film producer Konica has signed an endorsement deal for $1 million. And state-owned companies Telekom Malaysia, car manufacturer Proton, oil company Petronas and Tenaga Nasional Berhad have hinted at a joint sponsorship of the Sept. 8 to Sept. 17 Games.