Indonesian Political, Business & Finance News

Archive: 26 October 2001

68 articles found

RI to host 2002 Physics Olympics

RI to host 2002 Physics Olympics JAKARTA: Indonesia will host the 33rd International Physics Olympics (IPhO) in 2002, the Ministry of National Education's director general of elementary and high school education, Indradjati, said.

Two killed in robbery attempt

Two killed in robbery attemptEmmy Fitri and Damar Harsanto, The Jakarta Post, Jakarta A police officer and an alleged robber were killed in a shootout between law enforcers and criminals during an attempted robbery in broad daylight in front of a branch office of Bank Central Asia (BCA) in Bungur,...

Legislator upset over recall rumors

Legislator upset over recall rumorsAinur Sophia'an, The Jakarta Post, Surabaya East Java provincial legislative council chairman Bisjri Abdul Djalil seemed upset by rumors spreading among councillors that he would be recalled from the legislature as he was no longer considered loyal to his party.

Akbar urged to relinquish his posts

Akbar urged to relinquish his postsThe Jakarta Post, Jakarta While presidential consent was given on Thursday for state prosecutors to question House of Representatives (DPR) Speaker Akbar Tandjung in connection with a graft investigation, a faction inside the Golkar Party urged him to resign from...

Book on Indonesian history to be rewritten

Book on Indonesian history to be rewrittenFitri Wulandari, The Jakarta Post, Jakarta The government will write a new book on Indonesian history in a response to the public's rising demand for the truth, an official said on Thursday.

Electricity theft rampant in Ancol

Electricity theft rampant in Ancol JAKARTA: Electricity theft in Ancol subdistrict is rampant, with only about 20 percent of residents subscribing to the state- owned electricity company PLN and paying bills, an official of the subdistrict said.

Indonesia men's team jumps to seventh at Bermuda Bowl

Indonesia men's team jumps to seventh at Bermuda BowlMusthofid, The Jakarta Post, Jakarta Indonesia's men collected two victories on the third day at the Bermuda Bowl in Paris bridge championship to improve its position to seventh in the standings, while criticism is beginning to grow at home over...

U.S. Dollar Rates Oct.25

U.S. Dollar Rates Oct.25 Latest Previous %Chg Euro 0.8911-18 0.8936-41 -0.28 Sterling* 1.4257-63 1.4285-91 -0.20 Swiss franc 1.6591-96 1.6560-70 +0.19 Canadian dollar 1.5739-49 1.5736-42 +0.02 Australian dollar* 0.5061-66 0.5076-81 -0.30 New Zealand dollar* 0.4145-50 0.4177-84 -0.77 Deutsche mark 2.

For TREND/Sunday-Oct. 28/Need client's approval - bsr

For TREND/Sunday-Oct. 28/Need client's approval - bsrJepun Bali Resort An Explosion of Beauty and Nature Rich in traditions of music and dance, architecture and religion, the village of Desa Tembok - Tejakula has established a small chic resort: Jepun Bali Resort.

Ralph L. Boyce

Ralph L. Boyce"We greatly value and welcome Indonesia's willingness to join in international efforts against terrorism. 2. "People always turn to religion in times of crisis. But this time it is more powerful because of the nature of the attacks and the feeling it could happen anywhere, coupled...

NGOs and the New Order

NGOs and the New OrderFrom Rakyat MerdekaMany former officials of the New Order regime are now setting up NGOs and foundations under the pretext of democracy, human rights and other causes.We all have to keep a watchful eye on these former officials -- who have had notorious track records -- and...

Asian Currencies Mostly Dn Late On Yen; SGD Hardest Hit

Asian Currencies Mostly Dn Late On Yen; SGD Hardest Hit Netty Ismail Dow Jones Singapore Most Asian currencies floundered late Thursday as the yen slumped past 123 yen to the dollar, and concerns over the region's deteriorating fundamentals continued to loom in the background, dealers said.

Third JIFFest promises to be best yet

Third JIFFest promises to be best yetHera Diani, The Jakarta Post, Jakarta Following the well attended event last year, the third Jakarta International Film Festival (JIFFest) starts on Friday night and continues for the next 16 days with the screening of over 100 quality films from around 30...

Refugees blame people smugglers in boat tragedy

Refugees blame people smugglers in boat tragedyAnnastashya Emmanuelle, The Jakarta Post, Bogor, West Java Grief has turned to rage and bitterness for the middle eastern refugees here who lost family members and friends when their vessel, bound for Australia's Christmas Island, capsized in the Java...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct.25, 2001: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 1,275 0 0 Adindo Foresta 70 0 0 AGIS 110 5 1,921,500 Akbar Indo Makmur 200 20 49,500 Alakasa 215 0 0...

Mega to attend ASEAN summit

Mega to attend ASEAN summit JAKARTA: President Megawati Soekarnoputri will attend an Association of Southeast Asian Nations summit in Brunei Darussalam next month, State/Cabinet Secretary Bambang Kesowo said on Thursday.Megawati will leave Jakarta for Brunei on Nov. 4 and return on Nov.

Two Kaldera employees indicted

Two Kaldera employees indicted JAKARTA: Prosecutors asked the East Jakarta District Court on Thursday to sentence two employees of PT Kaldera to nine months imprisonment for attacking fellow employees who were on strike inside the company's compound.

Central Java plans flood control project

Central Java plans flood control projectThe Jakarta Post, Cilacap, Central Java As floods worsened in a number of regencies in the southwest part of Central Java, the provincial administration planned to launch a multi-billion rupiah flood control project.

[b]

Terrorism could reverse gains from globalization 2. Stock ( 1 x 21 ) Asian stocks climb, helped by W.Street JP/ Most Asian stocks climb 3. Oil ( 2 x 20 ) Oil prices tick up, hope for OPEC cutback 4. Air ( 2 x 20 )JP/17/Air ASEAN to rationalize airline routes: official 5.

Telephone rates

Telephone rates shouldn't go upFrom Forum Keadilan The delay in discussions at the House of Representatives (DPR) on the increase of telephone rates is understandable, due to the lack of transparency in the calculation of such an increase, as presented by PT Telkom.

Government against ethnic discrimination in workplace

Government against ethnic discrimination in workplaceTertiani ZB Simanjuntak, The Jakarta Post, Jakarta The government is strongly against any ethnic discrimination in the workplace as it is not in line with existing labor laws, an official said on Thursday.

President asks for reform on forest management

President asks for reform on forest managementThe Jakarta Post, Jakarta President Megawati Soekarnoputri insisted on Thursday that Indonesian forestry officials and management must reform the entire industry to save the rapidly dwindling forests.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Dutch Graphic Design, Erasmus Huis, Jl. H.R. Rasuna Said, Kav S-3, Kuningan, South Jakarta (Phone: 5241069), until Nov. 3. * Indonesian Comic, the British Council, S. Wijoyo Centre, Jl. Jend. Sudirman, South Jakarta, Monday to Friday, 9 a.m. to 5 p.m.

Flash flooding paralyzes southern railway networks

Flash flooding paralyzes southern railway networksYuli Tri Suwarni and Agus Maryono, The Jakarta Post, Bandung/Purwokerto The southern railway services linking Jakarta and other cities in West, Central and East Java provinces via Cilacap (Central Java) were still paralyzed on Thursday, forcing all...

Allocate island for immigrants: Expert

Allocate island for immigrants: ExpertBambang Nurbianto, The Jakarta Post, Jakarta Indonesia should allocate one of its islands to accommodate the influx of immigrants, but it should also seek a special agreement to ensure that the international community will take care of the asylum seekers,...

River transportation abandoned

River transportation abandoned MARTAPURA, South Kalimantan: Residents of Mekar Sari village, Kertak Hanyar district, Banjar regency have gradually moved over to using ground transportation, rather than boats.

Rain means pain for slum dwellers

Rain means pain for slum dwellersIda Indawati Khouw, The Jakarta Post, Jakarta The rainy season has come again, which means one will have to deal with the same problems all over again: potholes, leaks, a heap of dirty laundry and worst of all, floods.

ASEAN members mull anti-terrorism steps

ASEAN members mull anti-terrorism stepsJim Gomez, Associated Press, Manila Countries of the Association of Southeast Asian Nations (ASEAN) are considering a number of steps, including convening a powerful meeting, to discuss ways to jointly deal with "the scourge of terrorism," according to a draft...

PLN to pay US$69m to Paiton Energy

PLN to pay US$69m to Paiton EnergyDow Jones, Singapore State power company PT PLN has signed an interim agreement to make three fixed monthly payments totaling US$69 million in the fourth quarter to independent power producer PT Paiton Energy.

Susanto takes charge at world chess event

Susanto takes charge at world chess eventMusthofid, The Jakarta Post, Jakarta Susanto Megaranto of Indonesia pulled clear on top of the standings in the U-14 category of the World Youth Chess Championship in Oropesa del Mar, Spain, after scoring his fourth win in as many games on Wednesday.

Flood control project: As floods worsened in a number of

Flood control project: As floods worsened in a number of regencies in the southwest part of Central Java, the provincial administration planned to launch a multi-billion rupiah flood control project. Page 2 Indonesia's stance: The new U.S.

U.S. orders for RI steel products stop

U.S. orders for RI steel products stopAdianto P. Simamora, The Jakarta Post, Jakarta Purchase orders for Indonesian steel pipe products from the vital U.S. market stopped when the U.S. economy plunged into recession, the Indonesian Steel Pipe Manufacturers Association (Gapipa) said.

[b]Megawati's economic policy

Megawati's economic policy and grass roots economy Sri-Edi Swasono Economist Jakarta 2.Australia -- Australian election too close to call 1 x 25 36pt BodoniHoward's political survivalBen Sandilands Observer News Service Sydney

Leuser Park 'must be protected'

Leuser Park 'must be protected' MEDAN, North Sumatra: At least 14 nongovernmental organizations (NGOs) and environmentalists expressed on Thursday their opposition to plans to exploit the Leuser National Park."The ecosystem at the park has been disturbed.

Rupiah Rates Oct.25

Rupiah Rates Oct.25 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S. dollar 1 10,773.00 9,773.00 10,324.00 10,222.00Australian dollar 1 699.45 634.45 670.30 663.60Austrian schilling 1 5,479.15 4,965.66 5,250.79 5,193.80Belgian franc 1 238.59 216.42 228.64 226.

Apartments to be built in Karet Tengsin

Apartments to be built in Karet Tengsin JAKARTA: Central Jakarta Mayor Petra Lumbun said on Wednesday that the mayoralty planned to build low-cost apartments in the Karet Tengsin area, where fire razed 195 slum houses on Monday."The apartments have been planned for long time.

Three killed, 15 injured in train collision

Three killed, 15 injured in train collisionMulta Fidrus, The Jakarta Post, Rangkasbitung At least three people were killed and 15 others injured in a train collision in the village of Lebak, Cijero Lebak subdistrict, Banten, in the early hours of Thursday morning.

ASEAN to issue declaration on AIDS

ASEAN to issue declaration on AIDS PHILIPPINES: Leaders of Southeast Asian nations will discuss and issue a declaration on ways to deal with widespread AIDS cases in the region during their summit in Brunei next month, a Philippine official said in Manila on Thursday.

Victorious Goh vows to step down after 2007

Victorious Goh vows to step down after 2007Agencies, Singapore Singapore's Prime Minister Goh Chok Tong vowed Thursday to step down in favor of a new generation of leaders by 2007, after he won a fresh mandate to lead Singapore without a vote being cast.

Birdcage business slow

Birdcage business slow CIANJUR, West Java: The makers and sellers of birdcages in Cianjur, West Java, have complained about slack business recently.U'us, a 38-year-old cage-maker from Maleber village said that the price of birdcages had dropped.

Comfort women an awkward issue

Comfort women an awkward issueLeo Wahyudi S., The Jakarta Post, Jakarta The government's plan to introduce the issue of World War II "comfort women" to the school curriculum has failed to impress teachers.

Asian currencies mostly down late on yen

Asian currencies mostly down late on yen Most Asian currencies floundered late Thursday as the yen slumped past 123 yen to the dollar, and concerns over the region's deteriorating fundamentals continued to loom in the background, dealers said in Singapoer.

Controversial police bill

Controversial police billFrom NeracaIn the end, the House of Representatives (DPR) has decided to delay the enactment of the bill on the National Police. The reason is that the bill has received a lot of criticism. It's very strange, considering that the bill has been discussed for ten months.

Govt, Marubeni agree on Chandra Asri $1.2 billion debt restructuring

Govt, Marubeni agree on Chandra Asri $1.2 billion debt restructuringBerni K. Moestafa and Dadan Wijaksana, The Jakarta Post, Jakarta The government and Japan's Marubeni Corp. have finally agreed on a scheme to restructure US$1.

Amien launches MPR website

Amien launches MPR website JAKARTA: People's Consultative Assembly (MPR) Speaker Amien Rais officially launched on Wednesday a website, www.mpr.go.id, designed to provide the public with information about the lawmakers' activities.

Trip to RI organized by mafia: Survivor

Trip to RI organized by mafia: SurvivorAnnastashya Emmanuelle, The Jakarta Post, Bogor The dream of a better life had led the migrants from the Middle East to take an extraordinary risk. Tragically, that risk did not pay off and their dream became a nightmare when their boat sank in the Java Sea on...

PLN takes tough action on arrears

PLN takes tough action on arrears MANADO, North Sulawesi: The Manado branch office of state electricity company PLN in North Sulawesi has disconnected a total of 400 electricity meters at buildings whose owners are in arrears by a total of at least Rp 250 million.

New commitment made to grass roots economy

New commitment made to grass roots economySri-Edi Swasono, Economist, Jakarta President Megawati Soekarnoputri and Vice President Hamzah Haz have expressed their determination to develop the ekonomi rakyat (grass roots economy) in accordance with our Constitution.

U.S. understands Megawati's stance, says new envoy

U.S. understands Megawati's stance, says new envoyThe Jakarta Post, Jakarta The new U.S. Ambassador to Indonesia said on Thursday that Washington fully understood the position which President Megawati Soekarnoputri had taken with regard to the U.S. attacks on Afghanistan.Ralph L.

ASEAN to rationalize airline routes: Official

ASEAN to rationalize airline routes: Official Southeast Asian countries are expected to rationalize airline routes because of the drop in the number of people flying since the terror attacks on the United States, an official said Thursday in Kuala Lumpur.

IMF team says Malaysia economy 'quite okay'

IMF team says Malaysia economy 'quite okay'Reuters, Kuala Lumpur A senior International Monetary Fund official visiting Malaysia during the throes of a sharp slowdown declared on Thursday the economy was "quite okay".

Akbar asked to relinquish his posts

Akbar asked to relinquish his postsParty members call on Akbar to step downThe Jakarta Post Jakarta While presidential consent was given on Thursday for state prosecutors to question House of Representatives (DPR) Speaker Akbar Tandjung in connection with a graft investigation, a faction inside the...

Papua law effective in 2002

Papua law effective in 2002 JAKARTA: The newly passed Papua Special Autonomy law will come into full force in January 2002, Minister of Home Affairs Hari Sabarno said on Thursday.The government is currently racing against time preparing the accompanying regulations needed for its implementation, he...

More films and longer time at the third Jakarta Film Festival

More films and longer time at the third Jakarta Film FestivalorThe third Jakarta Film Festival promises to be better than ever================= Hera Diani The Jakarta Post Jakarta ----------------- Following the well attended event last year, the third Jakarta International Film Festival (JIFFest)...

US$78,000 grant from Japan

US$78,000 grant from Japan DEPOK: The Japanese government signed here on Thursday a grant contract worth US$78,000 for the education of needy local children at the grassroots level.The document was signed at the office of the Almujahirin education foundation in Depok by Japanese ambassador to...

Revive the economy

Revive the economy We have to praise those members of the House of Representatives (DPR) who were elected to office during the 1999 general election. Compared to those in the New Order era, these legislators are more outspoken.

Garuda falls short

Garuda falls shortFrom PelitaOn Oct. 12, 2001, my nephew flew on flight GA-185 from Medan to Jakarta. The departure from Medan and arrival at Soekarno- Hatta International Airport were both on schedule.

Special autonomy for Papua

Special autonomy for Papua During the last hours before the House of Representatives went into recess, the law on special autonomy for the province of Papua was endorsed. A cursory look reveals that this new law covers many aspects which will hopefully push the province of Papua into modernity and...

CGI meeting to take on corruption issues

CGI meeting to take on corruption issuesBerni K. Moestafa and Fabiola Desy Unidjaja, The Jakarta Post, Jakarta For the first time, the Consultative Group on Indonesia (CGI) may link its loan programs with efforts to fight corruption, as the government hopes to secure Rp 35.4 trillion (about US$3.

Sixteen export commodities

Sixteen export commoditiesFrom Bisnis IndonesiaThe administration under the leadership of President Megawati and Vice President Hamzah Haz should focus on overcoming the economic crisis. The Indonesian Chamber of Commerce and Industry (Kadin) has proposed that the government take special action on...

Rising crime ahead of fasting month anticipated

Rising crime ahead of fasting month anticipatedEmmy Fitri and Damar Harsanto, The Jakarta Post, Jakarta Jakarta police detectives gathered on Thursday to review tactics and strategies in anticipation of rising crime rates ahead of the holy fasting month, which begins in November.

The nation is sinking

The nation is sinking It has been reported that 160,000 families in South Sulawesi are facing food shortages. This is ironic since this province has produced a surplus of 1.5 million tons rice. If we count a family as comprising the parents and two children, more than 640,000 people lack food.

Medical equipment for E. Timor

Medical equipment for E. Timor SINGAPORE: The government has donated medical equipment and supplies to East Timor as part of a package aimed at helping the reconstruction and nation-building efforts, the Defense Ministry said on Thursday.

Stricter selection urged for national team

Stricter selection urged for national teamNovan Iman Santosa, The Jakarta Post, Jakarta The National Sports Council (KONI) is to meet on Thursday with a new call for more stringent selection requirements for both the sports Indonesia will take part in and the athletes taking part in international...

1. Boat - 4 x 10

1. Boat - 4 x 10 Trip to RI organized by mafia: Survivor 2. Police - 2 x 24 Rising crime ahead of fasting month anticipated 3. Bank - 1 x 24 Two killed in robbery attempt

New TV stations plan to broadcast in December

New TV stations plan to broadcast in DecemberLuas Samudera, Contributor, Jakarta Two of the four would-be commercial stations have succeeded in running their color bars trial days before the government deadline of Oct.

Govt delays Semen Gresik sale plan amid protest

Govt delays Semen Gresik sale plan amid protestBerni K. Moestafa and Dadan Wijaksana, The Jakarta Post Jakarta The government decided on Thursday to postpone the sale of a 51 percent stake in PT Semen Gresik to Mexican firm Cemex SA de CV, ignoring warnings that the move would dissipate whatever...

Annastashya Emmanuelle

Annastashya Emmanuelle The Jakarta Post Bogor The dream of a better life had led the migrants from the Middle East to take an extraordinary risk. Tragically, that risk did not pay off and their dream became a nightmare when their boat sank in the Java Sea on Friday.