Indonesian Political, Business & Finance News

Archive: 28 November 2001

81 articles found

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//What is your impression of Indonesia since your arrival nine months ago?First, I am really impressed by the warm friendship shown by Indonesian people towards Japan. While Indonesia's democracy is making progress as can be seen from the peaceful transition of government in July this year, I am...

Parcel bomb suspect apprehended

Parcel bomb suspect apprehended MAKASSAR, South Sulawesi: The sender of a parcel that exploded in a post office in the South Sulawesi capital of Makassar last week has been arrested by the security forces in West Java, local police said here on Tuesday.Adj. Comr.

Japanese Embassy

Japanese EmbassyFOTO I:Indonesian President Megawati Soekarnoputri (left) is welcomed by Japanese Emperor Akihito and Empress Michiko (right) upon her arrival at the Imperial Palace in Tokyo. Megawati visited the palace on Sept. 28 as part of her five-day trip to Japan.

Top generals from army, police to be questioned

Top generals from army, police to be questionedAbu Hanifah, The Jakarta Post, Jakarta The Inquiry Commission of Human Rights Violations for Semanggi and Trisakti cases (KPP HAM) Semanggi-Trisakti will question five generals about the extent of their roles in the 1998-1999 rights abuses.

Jakarta's strategy to deal with Papuan nationalism

Jakarta's strategy to deal with Papuan nationalismRichard Chauvel, Victoria University, Melbourne, Australia On June 8, 2000, the Director General of National Unity in the Department of Internal Affairs, Ermaya Suradinata, held a meeting with representatives of the military and intelligence...

Pertamina gets offer to hedge oil price at $22

Pertamina gets offer to hedge oil price at $22Berni K. Moestafa, The Jakarta Post, Jakarta State oil and gas company Pertamina said it had received offers from Bank of America and Credit Suisse to hedge its crude oil selling price at US$22 a barrel to safeguard oil revenues for next year's state...

Japan Foundation offers international exchanges

Japan Foundation offers international exchanges The Japan Foundation was established in 1972 as a special legal entity under the auspices of the Japanese Ministry of Foreign Affairs. The purpose of the foundation is to efficiently carry out activities for international cultural exchange.

Foster dialog, end violence in Papua

Foster dialog, end violence in PapuaMuridan S. Widjojo, Research Institute for Democracy and Peace (RIDeP), Jakarta The murder of Papuan Presidium Council (PDP) chief Theys Eluay, who was found dead on Nov.

Disguised officers deployed

Disguised officers deployed JAKARTA: The Traffic and Transportation Control Center of the City Transportation Agency is to deploy 100 plainclothes officers purporting to be travelers as part of the effort to catch scalpers, as well as bus operators who arbitrarily increase their fares.

RI migrant workers neglected

RI migrant workers neglected JAKARTA: The government was criticized on Tuesday for its sluggishness in handling the many problems faced by Indonesian workers overseas.The former chairman of the Association of Indonesian Workers' Exporters (Apjati), Abdullah Umar, said many mistreated workers forced...

Office properties show signs of recovery

Office properties show signs of recovery Although the demand for offices in East Java remains relatively low, recent market trends in this sector have been encouraging.According to the East Java chapter of the Indonesian Real Estate Developers Association, the demand for offices in the province has...

Mandiri to lend Bumi $100m to buy Arutmin

Mandiri to lend Bumi $100m to buy ArutminBloomberg, Jakarta PT Bank Mandiri plans to lend US$100 million to PT Bumi Resources to help the latter buy 80 percent of coal miner PT Arutmin Indonesia.The acquisition is part of Bumi's plan to switch its focus to mining and energy from property.

Rupiah Rates Nov. 27

Rupiah Rates Nov. 27 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 9,850.00 10,850.00 10,298.00 10,402.00Austrian schilling 1 631.07 695.54 659.78 666.82Australian dollar 1 5,124.96 5,650.68 5,358.05 5,417.36Belgian franc 1 215.26 237.25 225.06 227.

NGOs want Komnas HAM to be more powerful

NGOs want Komnas HAM to be more powerfulBambang Nurbianto and Fabiola Desy Unidjaja, The Jakarta Post, Jakarta A coalition of nongovernmental organizations (NGOs) urged the government on Tuesday to give more power to the National Commission on Human Rights (Komnas HAM) to ensure proper legal...

PDI-P supports plan to set up special committee on Bulog scam

PDI-P supports plan to set up special committee on Bulog scamThe Jakarta Post, Jakarta/Solo, Central Java The Indonesian Democratic Party of Struggle (PDI Perjuangan) officially announced their support on Tuesday for the House of Representatives' plan to establish a special committee to investigate...

Children need to wait until old enough before fasting

Children need to wait until old enough before fastingDonya Betancourt, Pediatrician, Sanur, Bali, drdonya@hotmail.com At this time of the month, Muslims around the world are fasting between sunrise and sunset.

Officials implicated in brothel land scam

Officials implicated in brothel land scamAhmad Junaidi, The Jakarta Post, Jakarta Councillors demanded on Tuesday that a transparent investigation be conducted by the City Inspectorate into alleged graft concerning the acquisition of 10.

JP/ /

JP/ / Matsushita Seiko Co. said Tuesday it will establish a wholly- owned firm, PT KDK Indonesia, in Jakarta on December 1 to sell ventilating and air-conditioning equipment. The company, a member of the giant consumer electronics company Matsushita group, said the new firm will be capitalized at...

Justice has yet to prevail

Justice has yet to prevail Much is now being written about the alleged National Logistics Agency (Bulog) misappropriation that took place under former president Habibie's watch as opposed to the alleged misappropriation that took place under former president Abdurrahman Wahid's watch.

Over 25 dead, many hostages in Philippine fighting

Over 25 dead, many hostages in Philippine fightingErik de Castro, Zamboanga, Philippines, Reuters Moro gunmen fought pitched battles with Philippine troops on the outskirts of a major southern city on Tuesday and took scores of civilians hostage after at least 28 people were killed, officials said.

New loan audit won't affect criminal process

New loan audit won't affect criminal processDadan Wijaksana, The Jakarta Post, Jakarta Finance Minister Boediono guaranteed on Tuesday that a new audit on the abuse of US$13 billion of Bank Indonesia emergency loans would not put an end to criminal investigations.

SE Asian fund managers expect delayed recovery-S&P

SE Asian fund managers expect delayed recovery-S&P Reuters Hong Kong Funds investing in Southeast Asian markets expect a delayed regional recovery and have adopted a defensive posture, reining in sector and stock bets against benchmarks, Standard & Poor's said on Tuesday.

Brantas River: One of most successful projects

Brantas River: One of most successful projects The comprehensive development of Brantas River Basin is one of the most successful projects in Indonesia.Due to the construction of Dams and Barrages, Surabaya has become safe against flood disasters.

Doubts over police vow to eradicate ticket scalpers

Doubts over police vow to eradicate ticket scalpersDamar Harsanto, The Jakarta Post, Jakarta Police vowed on Tuesday to crack down on ticket scalpers operating at bus terminals and railway stations but public transport users responded coldly to the statement, which they regard as little more than...

JP/ /

JP/ /Security fears lead to office lease cancellationsBy Ainur R. Sophiaan The Sept. 11 tragedy in New York has also had repercussions in Surabaya. This is illustrated by the cancellation of office leases by numerous foreign companies intending to establish divisions there.

PABBSI denies bias in selection of lifters

PABBSI denies bias in selection of liftersMusthofid, The Jakarta Post, Jakarta The Indonesian Weightlifting, Powerlifting and Bodybuilding Association (PABBSI) denied on Tuesday any bias in nominating the lifters for the 2002 Asian Games."That's not true.

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Megawati's presidency: Is sincerity alone enough? (already checked) 2. Gerry -- Jakarta's secret strategy to deal with Papuan nationalism 1 X 55 50pt Bodoni Richard Chauvel Victoria University Melbourne, Australia

Six clubs yet to join 2002 season: PSSI

Six clubs yet to join 2002 season: PSSIMusthofid, The Jakarta Post, Jakarta Six soccer clubs have yet to register their participation in the 2002 league, says an official of the Soccer Association of Indonesia (PSSI).

Batam authority probes Rp 1b bribe

Batam authority probes Rp 1b bribe BATAM, Riau: The Batam authority said on Tuesday it was still investigating allegations of a Rp 1 billion bribe pocketed by one of its officials from a businessman to help him acquire 50,000 square meters of land in the Batam Center area.

checked by simon 27/11/01

checked by simon 27/11/01 JP/P.J. LeoSIGNS OF RECOVERY: The office rental market in Surabaya has shown signs of recovery after being hit hard by the economic crisis in late 1997. The demand for office space in prime locations (above) has started to rise again.

Mandiri to lend Bumi

Mandiri to lend Bumi $100m to buy Arutmin JP/ /Bloomberg Jakarta PT Bank Mandiri plans to lend US$100 million to PT Bumi Resources to help the latter buy 80 percent of coal miner PT Arutmin Indonesia. The acquisition is part of Bumi's plan to switch its focus to mining and energy from property.

JP

JPSIGNS OF RECOVERY: The office rental market in Surabaya has shown signs of recovery after being hit hard by the economic crisis in late 1997. The demand for office space in prime locations has started to rise again.

Ramadhan time for Jakarta

Ramadhan time for JakartaWednesdayMaghrib 5:57 p.m.Thursday Imsak 3:56 a.m.Subuh 4:06 a.m.

Media blackout threatens National Games

Media blackout threatens National Games The South Sumatra press association has threatened to boycott the 2004 National Games in the provincial capital of Palembang following speculation that the event organizers would name state news agency Antara as the official media group to promote the...

Two kidnapper cops arrested

Two kidnapper cops arrested MALAYSIA: Kuala Lumpur authorities arrested two police detectives and freed a businessman they had allegedly kidnapped for ransom, a news report said on Tuesday. Two other detectives allegedly involved in the abduction were being hunted, The Star newspaper cited Kuala...

Hassan visits Australia despite criticisms

Hassan visits Australia despite criticismsFabiola Desy Unidjaja, The Jakarta Post, Jakarta Is there any need for the Indonesian Foreign Minister to visit Australia?That was the general mood of many legislators during a hearing of the House of Representative's Commission I on Defense and Foreign...

Clear, long-term policy on poverty urgently needed

Clear, long-term policy on poverty urgently neededSri Pamoedjo Rahardjo, Former Executive Director, Community Recovery Program, Jakarta The first 100 days of the new government ushered in greater uncertainties on how the country might recover.

1. Kramtung : 4x11

1. Kramtung : 4x11 Administration implicated in brothel land scandal 2. Scalper - 2x 25 Doubts over police vow to eradicate ticket scalpers 3. IPB : 2x20 'Foreigners benefit from local research' 4. Stop - 3x8 Disguised officers deployed

SE Asian fund managers expect delayed recovery-S&P

SE Asian fund managers expect delayed recovery-S&P Reuters Hong Kong Funds investing in Southeast Asian markets expect a delayed regional recovery and have adopted a defensive posture, reining in sector and stock bets against benchmarks, Standard & Poor's said on Tuesday.

Clash erupts after church burned in troubled Poso

Clash erupts after church burned in troubled PosoBadri Djawara, The Jakarta Post, Poso Fresh religious fighting broke out in the Central Sulawesi riot-torn town of Poso on Tuesday in retaliation to the earlier bombing and burning of a church by rival Muslims in the regency, police said.

'Foreigners benefit from local research'

'Foreigners benefit from local research'The Jakarta Post, Bogor The results of research conducted by locals often ends up benefiting foreigners because of poor documentation here, an official said on Tuesday.

Megawati's presidency: Is sincerity alone enough?

Megawati's presidency: Is sincerity alone enough?Mochtar Pabottingi, Senior Researcher, Indonesian Institute of Science (LIPI), Jakarta Unlike her predecessor, President Megawati Soekarnoputri announced from the outset the seven priorities of her administration; the first five are maintaining...

Cilacap villages besieged by flood

Cilacap villages besieged by floodAgus Maryono, The Jakarta Post, Cilacap At least seven villages in Majenang subdistrict, Cilacap regency, Central Java, have been besieged by flood waters due to incessant rains over the past five days, leaving thousands of villagers and civil servants stranded.

Fuel shortage hits Indramayu

Fuel shortage hits IndramayuNana Rukmana, The Jakarta Post, Indramayu Some 5,000 fishing boat captains in the West Java town of Indramayu are threatening to go on strike in the near future as continuing shortages of diesel fuel hamper their ability to operate their vessels.

1. Bond (1 x 50)

1. Bond (1 x 50)Bank Mandiri Eurobonds attractive for banks, investors JP/18/Bond 2. Oil (2 x 15)Bush warning boosts oil priceJP/17/OIL 3. Rice (1 x 28) Thailand delays legal action in jasmine rice row 4. Mini (2 'Mini-Japan' complex planned for Bangkok 5. Worm (1 x 20) Spy computer worm spreads

11 Indonesians to go on trial in U.S.

11 Indonesians to go on trial in U.S. JAKARTA: Eleven Indonesian nationals recently arrested in New Hampshire, USA, for overstaying their visas are being detained in two separate prisons before their trials begin on Tuesday, local time.

Central Jakarta district court to proceed with Bere's trial

Central Jakarta district court to proceed with Bere's trialMuninggar Sri Saraswati, The Jakarta Post, Jakarta The Central Jakarta District Court decided on Tuesday to proceed with the trial of an East Timorese militiaman charged with the murder of a New Zealand peacekeeper in East Timor last year.

Provinces, regencies deny embezzling development funds

Provinces, regencies deny embezzling development fundsThe Jakarta Post, Jakarta A number of provinces and regencies denied accusations that around 40 percent of the Rp 60 trillion allocated by the central government for the payment of civil servants' salaries and financing of capital projects this...

New Order and communist issue

New Order and communist issueFrom Rakyat MerdekaThe recent excessive campaign against communism is merely to cover up today's real thorny issues, such as the numerous and various corruption, collusion and nepotism (KKN) cases.

1. Poso: 10 x 4 lines:

1. Poso: 10 x 4 lines:Fresh clash erupts after church burned in Poso2. DAU: 20 x 2 lines:Provinces, regencies deny embezzling development funds 3. Guru: 24 x 2 lines: Majalengka civil servants demand regent disburse back pay4. Solar: 16 x 2 lines: Fuel shortage hits Indramayu 5.

Easier access to condoms promoted at health clinics

Easier access to condoms promoted at health clinicsFitri Wulandari, The Jakarta Post, Jakarta The national family planning agency has never been this friendly in its treatment of men.For as long as people care to remember, the state-sponsored family planning program has always focused on women for...

Mandiri to lend Bumi

Mandiri to lend Bumi $100m to buy Arutmin JP/ /Bloomberg Jakarta PT Bank Mandiri plans to lend US$100 million to PT Bumi Resources to help the latter buy 80 percent of coal miner PT Arutmin Indonesia. The acquisition is part of Bumi's plan to switch its focus to mining and energy from property.

Milita leader, Xanana agree to end hostility

Milita leader, Xanana agree to end hostilityYemris Fointuna, The Jakarta Post, Kupang East Timor's charismatic leader Jose Alexandre "Xanana" Gusmao and former pro-Jakarta militia leader Joao Tavares agreed on Tuesday to end their hostility and to work together for peace in East Timor through...

Ramadhan a catalyst to quit smoking

Ramadhan a catalyst to quit smoking JAKARTA: For those who wish to quit smoking, the fasting month can be a good month to begin, as Muslims are not just battling hunger and thirst but also other worldly pleasures, said the Indonesian Smoking Control Foundation.

IKJ lacks education fund

IKJ lacks education fund A four-day fine arts exhibition called "Concern for IKJ" has been held to raise funds for the Jakarta Arts Institute (IKJ), a higher learning institute that faces an annual shortage of funds to carry out its activities.

Rights body to probe Theys' death

Rights body to probe Theys' deathBambang Nurbianto, The Jakarta Post, Jakarta The National Commission on Human Rights (Komnas HAM) says it will set up an independent team to investigate the alleged murder of proindependence Papuan leader Theys Hiyo Eluay if the investigation carried out by the...

YLKI criticizes plan to hike telephone rates next year

YLKI criticizes plan to hike telephone rates next yearAdianto P. Simamora, The Jakarta Post, Jakarta The high-profile Indonesian Consumers Foundation (YLKI) opposed the government's plan to hike telephone rates next year, saying there was no strong reason to do so.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 27,2001: Shares Close Change Trading Volume ---------------------------------------------- Ades Alfindo Tbk 1,175 -25 10,000 Adindo Foresta 65 -5 41,000 AGIS Tbk 145 10 3,117,500 Akbar Indo Makmur 185 15 20,000 Alakasa 185...

Illegal loggers grilled in Sorong

Illegal loggers grilled in Sorong JAYAPURA, Irian Jaya: The local police in Sorong, Irian Jaya, said on Tuesday that they had summoned three officials of PT Dharma Mukti Persada who were suspected of being involved in illegal logging in the province.The three suspects included a Malaysian citizen.

East Kalimantan govt has no legal standing to sue KPC: Lawyer

East Kalimantan govt has no legal standing to sue KPC: LawyerMoch. N. Kurniawan, The Jakarta Post, Jakarta The East Kalimantan provincial administration has no legal standing to sue coal mining firm PT Kaltim Prima Coal (KPC) over delays in divestment programs, company lawyer Todung Mulya Lubis...

Lazy legislators ticked off

Lazy legislators ticked off BOJONEGORO, East Java: Local legislators ticked off four leaders of the Bojonegoro regency assembly in East Java on Tuesday for frequently being absent from the assembly chamber and skipping crucial meetings.

Message from the Ambassador: 'Think together, walk together'

Message from the Ambassador: 'Think together, walk together' Today, Japan celebrates its national day. Opening this special supplement is an interview with Yukio Takeuchi, the Japanese ambassador to Indonesia.

JP/rbw

JP/rbw ONE MONTH TO GO: It is still a month away, but hotels and recreation centers in Jakarta and other major cities in the country have been busy preparing to welcome the New Year. Here stock traders cheerfully blow trumpets to welcome the year 2001.

Official denies 40% graft of DAU

Official denies 40% graft of DAUBerni K. Moestafa and Pandaya, The Jakarta Post, Jakarta The Director General for Regional Autonomy Sudarsono denied on Tuesday reports that unscrupulous local government officials had siphoned off nearly 40 percent of regional decentralization subsidies, describing...

Everyone needs to calm down

Everyone needs to calm down The Jakarta administration decided recently to increase the minimum wage for this province to Rp 591,600, or less than US$60, from Rp 426,250. The 38 percent increase was stipulated in a gubernatorial decision signed on Oct. 31.

Where to go in Surabaya:

Where to go in Surabaya:Exhibition * Photo The Life of Fishermen... by Focus group, CCCL - French Cultural Center, Jl. Darmokali 10 (Tel. 031 5615246), until Dec. 8.Music and Entertainment * Hyatt Regency Surabaya, Jl. Jend. Basuki Rakhmat 106-128 (Tel.

Hetty's trial postponed

Hetty's trial postponed JAKARTA: The Central Jakarta District Court failed on Tuesday to hear testimony from witnesses against Hetty Siti Hartika, who is facing charges of illegal possession of firearms and ammunition, and is a close friend of the fugitive Hutomo "Tommy" Mandala Putra.

Majalengka civil servants rally for disbursement of back pay

Majalengka civil servants rally for disbursement of back payNana Rukmana, The Jakarta Post, Majalengka Hundreds of civil servants, including teachers, held a demonstration at the office of the regent of Majalengka on Tuesday, demanding the local administration provide six months' back pay following...

Ainur R. Sophiaan

Ainur R. Sophiaan The Jakarta Post ContributorWTC tragedy leads to more layoffs and export crash The tragedy befalling the World Trade Center (WTC) twin towers has been a major blow to companies depending on the United States market.

Agus Budiman linked to attacks, FBI agent says

Agus Budiman linked to attacks, FBI agent saysAgencies, Alexandria, United States A federal agent testified on Monday that an Indonesian facing charges of documentation fraud and violating immigration laws had close ties to two prime suspects in the Sept.

JP/FESTIVE

JP/FESTIVEBali Offering joyous festivities for old and young OR Celebrate your holiday in style on the Island of the GodsORCelebrate your holiday in style in BaliRita A. Widiadana and I Wayan Juniarta The Jakarta Post Denpasar Let's cherish the year that has almost passed and welcome the one to...

Six stabbed in three days

Six stabbed in three days JAKARTA: In the space of three consecutive days, six people were stabbed at several locations in the capital, claiming four lives and injuring two others.On Tuesday morning, Ahmad Firmansyah, 24, was stabbed to death by Dolok, alias Mul, 25, a foodstall owner at Pisangan,...

Green grocer's body found in Bogor

Green grocer's body found in Bogor BOGOR: A green grocer was found dead and his body decomposed on Tuesday in his rented room in Kampung Lebak Kantin, Central Bogor.Police officers identified the man as Irwandi, 32 and said they could not yet determine the cause of death, but that his body was at...

Mandiri bonds attract banks, investors

Mandiri bonds attract banks, investorsDow Jones, Hong Kong Indonesian state-owned P.T. Bank Mandiri's upcoming Eurobond offer will mostly be sold to banks and private banking clients, a senior official at lead manager HSBC investment bank told Dow Jones Newswires.

Militia leader, Xanana agree to end hostility

Militia leader, Xanana agree to end hostilityYemris Fointuna, The Jakarta Post, Kupang East Timor's charismatic leader Jose Alexandre "Xanana" Gusmao and former pro-Jakarta militia leader Joao Tavares agreed on Tuesday to end their hostility and to work together for peace in East Timor through...

Dates -- a seasonal delight during the fasting month

Dates -- a seasonal delight during the fasting monthDeni Putri, Contributor, Jakarta During Ramadhan, dates are much in demand by Muslims as a special snack for breaking the fast. Locally known as korma, dates are widely available in traditional markets or supermarkets.

Fuel distribution

Fuel distributionFrom Media IndonesiaLast April I wrote to Media Indonesia, giving a suggestion about how to secure fuel distribution, and received much criticism via e-mail afterward. The writers threatened me and accused me of causing them to lose a means of earning income.

On police and

On police and militaryFrom Rakyat Merdeka Why should we be in a rush to enact the bill on Police affairs, which is part of the enforcement law of the 1945 Constitution, while the amendment to the constitution itself is not yet finalized?I think there is something fishy about the intentions of some...

Telkom, explain yourself!

Telkom, explain yourself! I am writing out of anger, as it seems impossible to be given any clear information from Telkom, whether it be from their employees or management.Telkom Net are supposed to provide Internet connections, but the connection is down almost every week.

H.E. Ambassador Yukio Takeuchi

H.E. Ambassador Yukio Takeuchi What is your impression of Indonesia since your arrival nine months ago?I have noticed many things. First, I am really impressed by the warm and friendship shown by Indonesians towards Japan.

1. Oil (2 col 4 lines)

1. Oil (2 col 4 lines) Pertamina gets offer to hedge oil selling price at $22 2. Phone (3 x 2) YLKI criticizes hike by Telkom next year 3. KPC (2 x 3) East Kalimantan has no legal standing to sue KPC: Lawyer 4. WTO (1 x 3) WTO chief to visit Vietnam 5.