Indonesian Political, Business & Finance News

Archive: 12 December 2001

72 articles found

JP/7/Project

JP/7/ProjectYogyakarta art and cultural center underway againSri Wahyuni The Jakarta Post Yogyakarta Following a year-long delay, the Yogyakarta Taman Budaya (TBY) art and cultural center project has resumed in order to meet a deadline set by the Japanese government, which is financing the project.

Spiritual leader extorted me for 15b: Tommy

Spiritual leader extorted me for 15b: TommyorTommy accuses Muslim cleric of extortion Damar Harsanto The Jakarta Post Jakarta After successfully dragging former president Abdurrahman Wahid and Yorrys Raweyai of Pemuda Pancasila into the periphery of his legal troubles, Hutomo "Tommy" Mandala Putra...

JITF on track to meet restructuring target

JITF on track to meet restructuring targetThe Jakarta Post, Jakarta The Jakarta Initiative Task Force (JITF), which facilitates the restructuring of the country's huge corporate debt, is on track for meeting this year's restructuring target of US$14 billion in debt, despite the unfavorable...

Thomas, Uber Cup squads to be decided fairly

Thomas, Uber Cup squads to be decided fairlyNovan Iman Santosa, The Jakarta Post, Jakarta The Badminton Association of Indonesia (PBSI) promised on Tuesday a fair and transparent selection of players for the 2002 Thomas Cup world men's team championship and its women's category Uber Cup.

RI use of the decimal sign

RI use of the decimal signFrom KompasGlobalization and the development of sophisticated electronic media necessitate the use of universal symbols of communication. Unfortunately, in Indonesia, the use of decimal signs is contrary to international practice.

Local spending to fuel growth next year

Local spending to fuel growth next yearBerni K. Moestafa, The Jakarta Post, Jakarta With the current global economic downturn, Indonesia is looking inward for a push to the economy, as the government said on Tuesday it would focus on boosting domestic consumption.

Is TNI serious about its commitment to reform?: Most senior and

Is TNI serious about its commitment to reform?: Most senior and influential military figures would say "yes" -- adding, "but it should be gradual". Page 4 Police won't free hardliners in Surabaya: East Java Provincial Police on Tuesday rejected the Indonesian Council of Ulemas (MUI)'s request for...

Seven killed, 42 injured in Ambon explosion

Seven killed, 42 injured in Ambon explosionNovi Pinontoan, The Jakarta Post, Ambon At least seven people were killed and 42 others were seriously injured in a strong explosion onboard the California which was in Ambon Bay sailing to Galala ferry port from Banteng near the provincial capital city of...

Rupiah Rates Dec. 10

Rupiah Rates Dec. 10 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 10,660.00 9,660.00 10,211.00 10,109.00Australian dollar 1 5,489.90 4,970.07 5,258.67 5,201.08Austrian schilling 1 690.64 625.50 661.55 654.57Belgian franc 1 235.58 213.36 225.66 223.

UKM is all talk no action

UKM is all talk no actionFrom Bisnis IndonesiaThere have been a lot of reports about financial assistance given by the Office of the State Minister of Cooperatives and Small and Medium Enterprises to the Micro Financial Institution (LKM) in several regions in Indonesia.

Ramadhan time for Jakarta for Wednesday

Ramadhan time for Jakarta for Wednesday Wednesday Maghrib 6:03 p.m. Thursday Imsak 3:59 a.m. Subuh 4:09 a.m.

Kerosene crisis hits Purbalingga

Kerosene crisis hits PurbalinggaAgus Maryono, The Jakarta Post, Purbalingga It is difficult at present to buy kerosene in the Central Java regency of Purbalingga; if it is available at certain stalls or shops, the price has soared, to Rp 1,000 per liter.

Servicemen nabbed in Lampung

Servicemen nabbed in Lampung BANDAR LAMPUNG, Lampung: A corporal troop and a civil servant at the local military police office are undergoing an intensive investigation for their alleged involvement in the smuggling of three tons of marijuana in Tanggamus regency in the province.

Authorities act against 48 lecturers

Authorities act against 48 lecturers MALAYSIA: Forty-eight lecturers at a state-funded university have been punished for acts judged to be critical of the government, a senior official in Kuala Lumpur said on Tuesday.

Communists torch bus ahead of cease-fire

Communists torch bus ahead of cease-fire PHILIPPINES: Communist guerrillas on Tuesday commandeered a passenger bus and set it on fire near the central city of Cebu , two days after they declared a month-long Christmas cease-fire, police said.

WBC pledges $5,000 donation to Indonesian boxers' bereaved

WBC pledges $5,000 donation to Indonesian boxers' bereavedMusthofid, The Jakarta Post, Jakarta Following the six-month provisional ban it imposed on Indonesia, the World Boxing Council (WBC) has now pledged a US$5,000 donation to the families of dead boxers as an expression of the council's...

Misuari seeking political asylum: UN refugee body

Misuari seeking political asylum: UN refugee bodyAgence France-Presse, Kuala Lumpur Captured Philippine Muslim leader Nur Misuari is seeking political asylum, the UN refugee agency said on Tuesday, as Malaysia hinted it could grant him safe passage to a third country.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 11, 2001: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 1,175 0 0 Adindo Foresta 70 0 0 AGIS 120 0 117,500 Akbar Indo Makmur 170 5 8,000 Alakasa 135 0 0...

Taxi driver murdered by robbers

Taxi driver murdered by robbers JAKARTA: The driver of Tiffani taxi was found murdered in his cab, parked along Bypass road in East Jakarta, apparently after being robbed on Monday night.Pulogadung Police Subprecinct Chief, Second Insp.

Malaysia close to deal with Dutch company Schipol on airport share

Malaysia close to deal with Dutch company Schipol on airport shareAssociated Press, Kuala Lumpur The Malaysian government is close to sealing a deal to sell a 30 percent stake in Malaysia Airports Holdings Bhd. to Dutch company Schiphol, a source said Tuesday.But the Dec.

Garuda reopens China route amid high demand

Garuda reopens China route amid high demandTantri Yuliandini, The Jakarta Post, Jakarta National flag-carrier Garuda Indonesia reopened its Jakarta- Guangzhou route on Tuesday in response to increasing passenger and cargo demand from China, the company's head of communications Pujobroto said.

Police urged to announce probe result

Police urged to announce probe resultR.K. Nugroho, The Jakarta Post, Jayapura Around 1000 students from various universities in Jayapura, the capital of Irian Jaya province, took to the streets on Tuesday insisting that the police speed up their investigation into the death of Papuan independence...

Headings

Headings 1. Laskar: 10 x 4 linesE. Java Police refuse to free detained hard-liners2. Urban: 20 x 2 linesJava governors pledge to offer locals work3. Minyak: 24 x 2 lines Kerosene shortage hits C. Java town of Purbalingga 4. Project: 18 x 2 linesCultural center project resumes in Yogyakarta 5.

RI suffers decline in soybean production

RI suffers decline in soybean productionThe Jakarta Post, Jakarta Indonesia has been suffering from an ongoing decline in soybean production over the last three years, according to an official at the Ministry of Agriculture.

Purwokerto offers unique snail curry at Ramadhan fasting month

Purwokerto offers unique snail curry at Ramadhan fasting monthAgus Maryono, The Jakarta Post, Purwokerto Thirty-eight-year-old Kustini has been very busy wrapping kraca for her customers. They start lining up at her stall from 3 p.m.

Terror bill to be revised but controversy remains

Terror bill to be revised but controversy remainsTertiani ZB Simanjuntak, The Jakarta Post, Jakarta The government is planning to revise the controversial antiterrorism bill but most of the disputed articles will remain, an official said on Tuesday.

Holdiko secures Rp 11.67 trilion in proceeds this year

Holdiko secures Rp 11.67 trilion in proceeds this yearDadan Wijaksana, The Jakarta Post, Jakarta PT Holdiko Perkasa, a holding company set up by the Indonesian Bank Restructuring Agency (IBRA) in 1998 to oversee the sale of the Salim Group assets, has finalized 19 transactions during this year,...

Batam tripartite meeting proposes 5% wage rise

Batam tripartite meeting proposes 5% wage rise Fadli The Jakarta Post BatamA tripartite meeting attended by businessmen, labor and government representatives has agreed to propose a five percent, or Rp 25,000, increase in the minimum wage for the industrial island of Batam in Riau province,...

Troops disarm rivals, expell outsiders from troubled Poso

Troops disarm rivals, expell outsiders from troubled PosoTiarma Siboro and Badri Djawara, The Jakarta Post, Jakarta/Poso Authorities said they have begun security operations to restore order in violence-torn Poso, Central Sulawesi, pledging to pacify local armed groups and expel armed outsiders who...

Bitung on alert for riots

Bitung on alert for riots BITUNG, North Sulawesi: Port security authorities in Bitung, North Sulawesi, have been told to step-up surveillance against riot-makers aboard arriving ships there, ahead of Idul Fitri and Christmas.

Demand for promise fulfillment

Demand for promise fulfillment JAKARTA: A group of activists, calling themselves Indonesian People, have established a new front in charge of the fulfillment of promise known as "Barisan Penagih Janji".

Mending old mistakes

Mending old mistakes One piece of advice pragmatists like to give is to look to the future, and forget the past. But while in many cases this may be good advice, other times it may be equally prudent to look to the past for the sake of avoiding old mistakes.

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...

Legislators opposed to inquiry on Akbar case

Legislators opposed to inquiry on Akbar caseKurniawan Hari and Fabiola Desy Unidjaja, The Jakarta Post, Jakarta Legislators appeared to eat their own words when they signaled on Tuesday that they might not press forward with investigations into Golkar Party chief Akbar Tandjung's alleged abuse of...

Angry bob ransacks 'Kaltim Pos' office

Angry bob ransacks 'Kaltim Pos' officeThe Jakarta Post, Jakarta An angry mob ransacked the office of the Kaltim Pos daily in Samarinda, East Kalimantan, for unspecified reasons, at 8 a.m on Tuesday.Witnesses said the incident occurred when some 20 people in a pickup truck pelted stones at the...

Police summon Sidiq over Tommy claim

Police summon Sidiq over Tommy claimDamar Harsanto, The Jakarta Post, Jakarta After successfully dragging former president Abdurrahman Wahid and Yorrys Raweyai of Pemuda Pancasila into the periphery of his legal troubles, Hutomo "Tommy" Mandala Putra has set his sights on Abdullah Sidiq Muin,...

[b]Is TNI serious

Is TNI serious about reform?Imanuddin Staff Writer The Jakarta Post Jakarta 2. Migration -- Migration is good business all round 1 x 32 48pt Bodoni Migration, beneficial for everyoneGuardian News Service London 3.

Legendary director Teguh karya passes away

Legendary director Teguh karya passes away Legendary director Teguh Karya, 66, died on Tuesday at 11:30 a.m. due to complications from a stroke suffered in 1998. He died on the way to Mintohardjo Navy Hospital in Pejompongan, Central Jakarta.His body was taken to the Teater Populer studio on Jl.

Illegal banker detained in Makassar

Illegal banker detained in Makassar MAKASSAR, South Sulawesi: Police in South Sulawesi have detained a cooperatives head suspected of operating an "illegal bank", causing Rp 3 billion losses to his 2,000 customers.H.

Action plan needed to curb child sex trade: Unicef

Action plan needed to curb child sex trade: UnicefFitri Wulandari, The Jakarta Post, Jakarta The United Nations Children's Fund (Unicef) reminded the Indonesian government on Tuesday to draw up a national action plan to tackle all forms of commercial sexual exploitation against children in the...

Corporate Briefs

Corporate BriefsPT Bank Danamon Indonesia said Tuesday it expects to post a net profit of between Rp 800 billion (US$74.6 million) and Rp 900 billion in 2002. Danamon President Director Arwin Rasyid said the profit - up from this year's Rp 700 billion target - will be aided by higher interest...

More historical

More historical awareness needed From Rakyat Merdeka Historian Dr. Onghokham wrote an interesting article in Kompas on Dec. 6, 2001 about the relationship between Pancasila as a social contract and Indonesians' low awareness of the country's history.

RI second cheapest for business

RI second cheapest for businessAgencies, Hong Kong Indonesia is the world's second cheapest country for operating a business, while Japan is the most expensive, according to a survey released Tuesday.The Economist Intelligence Unit study involving 31 key countries found Japan was the most costly in...

Garbage a disaster in Jakarta

Garbage a disaster in Jakarta Unexpectedly, Bekasi's legislative council closed Bantar Gebang dump, which had been leased out to Jakarta's administration.For the benefit of the public, many circles hope that this dump could still be used, though with new requirements.

Sutiyoso urges people to burn their garbage

Sutiyoso urges people to burn their garbageThe Jakarta Post, Jakarta Jakartans beware! You may soon be living in a city that may sink under a mountain of garbage and engulfed in a thick, foul- smelling smoke within a matter of days.

Legendary director Teguh Karya, 66, died on Tuesday at 11:30 a.m.

Legendary director Teguh Karya, 66, died on Tuesday at 11:30 a.m. due to complications from a stroke. He died on his way to Mintohardjo Naval Hospital in Pejompongan, Central Jakarta. His body was taken to the Teater Populer studio on Jl. Kebon Pala in Tanah Abang later on Tuesday.

RI not on al-Qaeda network list

RI not on al-Qaeda network list JAKARTA: Indonesia is not on the U.S. list of the 45 countries where Osama bin Laden's al-Qaeda terrorist networks operate.The list was on the pamphlet that the American embassy in Jakarta released as part of its observance of the Sept.

Is TNI serious about its commitment to reform?: Most senior and

Is TNI serious about its commitment to reform?: Most senior and influential military figures would say "yes" -- adding, "but it should be gradual". Page 4 Police won't free hardliners in Surabaya: East Java Provincial Police on Tuesday rejected the Indonesian Council of Ulemas (MUI)'s request for...

2001 marked by moral decadence, analyst says

2001 marked by moral decadence, analyst saysBambang Nurbianto, The Jakarta Post, Jakarta A political analyst says that 2001 has been marked by excessive immoral practices on the part of politicians, ranging from corruption, collusion and nepotism (KKN) to the abuse of power.

Sale of Telkom boosts investment weighting

Sale of Telkom boosts investment weightingTantri Yuliandini, The Jakarta Post, Jakarta Last week's sale of 11.9 percent of the shares of the state- owned telecommunications company, PT Telkom, has been given a boost thanks to Indonesia's investibility weighting, a senior analyst from UBS Warburg...

House slammed for passing police law

House slammed for passing police lawBambang Nurbianto, The Jakarta Post, Jakarta Activists slammed the House of Representatives Tuesday for passing the National Police Law without amending its controversial articles which have come under strong public scrutiny recently.

US$178m graft case trial delayed

US$178m graft case trial delayed JAKARTA: The South Jakarta District Court failed Monday to begin the US$178 million corruption trial of a state-owned financial company chairman.Lawyers Amir Syamsuddin and M.

Is TNI serious about its reform commitment?

Is TNI serious about its reform commitment?Imanuddin, Staff Writer, The Jakarta Post, Jakarta Is the Indonesian Military (TNI) serious with its commitment to carry out internal reforms? Most senior and influential military figures would say "yes" -- adding, "but it should be gradual".

E. Java Police won't release detained hardliners

E. Java Police won't release detained hardlinersAinur R. Sophiaan, The Jakarta Post, Surabaya East Java Provincial Police on Tuesday rejected the Indonesian Council of Ulemas (MUI)'s request for the release of 102 hardliners being detained for a violent raid on gambling dens in Ngawi.

Mega lacks priority to combat KKN: Official

Mega lacks priority to combat KKN: OfficialFabiola Desy Unidjaja, The Jakarta Post, Jakarta President Megawati Soekarnoputri's complaint that her anticorruption campaign lacks legislative support received strong reactions from legislators on Tuesday.

Java governors agree to limit migration

Java governors agree to limit migrationYuli Tri Suwarni, The Jakarta Post, Bandung Governors on Java have agreed to give priority to people from their own localities when filling job vacancies in their own province in an attempt to control the high level of migration to major cities on the island,...

Tangerang, Bogor say no to city's gabage

Tangerang, Bogor say no to city's gabageMulta Fidrus and Theresia Sufa, The Jakarta Post, Tangerang/Bogor Dozens of garbage trucks that had traveled from Jakarta to unload trash in Tangerang and Bogor were forced to return to the capital on Tuesday after encountering strong resistance from the...

1. TOMMY: 30 pt, 1 cols, 4 x 12

1. TOMMY: 30 pt, 1 cols, 4 x 12Police summon Sidiq as Tommy files suit on extortion claim2. MUDIK: 50 pt, 4 cols, 2 x 22City councillors find illegal bus ticket prices3. RAWA: 36 pt, 4 cols, 1 x 41Tangerang, Bogor say no to city's garbage

Former militia members jailed up to 33 years for crime against humanity

Former militia members jailed up to 33 years for crime against humanityBronwyn Curran, Agence France-Presse, Jakarta Ten members of a gang responsible for one of the worst massacres linked to East Timor's 1999 vote for independence were on Tuesday found guilty of crimes against humanity and given...

Asia to grow 5.9% in 2003: Morgan Stanley

Asia to grow 5.9% in 2003: Morgan Stanley Asia, excluding Japan, will enjoy gross domestic product growth of 5.9 percent in 2003 from 4.5 percent in 2002 thanks to an expected pick-up in exports, said Morgan Stanley Asia's Chief Economist Andy Xie.

Gunmen rob Riau businessman

Gunmen rob Riau businessman PEKANBARU, Riau: A group of four armed people dressed in military-style uniforms robbed a 42-year old rubber businessman and forcibly took away Rp 90 million from him, police here said on Tuesday.

Where to go in Surabaya

Where to go in SurabayaMusic and Entertainment* Hyatt Regency Surabaya, Jl. Jend. Basuki Rakhmat 106-128 (Tel. 031 5311234): - Lobby: Solo Pianist, every Morning, 7 a.m. to 9 a.m., Monday to Saturday evening, 5:30 p.m. to 9:30 p.m., Sunday, 7 p.m. to 9 p.m.

Sports council announces Busan 2002 athlete list

Sports council announces Busan 2002 athlete listNovan Iman Santosa, The Jakarta Post, Jakarta After several days of tense anticipation, the National Sports Council (KONI) announced on Tuesday a list of 171 athletes who will be vying for medals with the national team for the 2002 Asian Games in...

Government reviews privatization strategy

Government reviews privatization strategyBerni K. Moestafa, The Jakarta Post, Jakarta Stumbling in the sale of state enterprises, the government said on Tuesday it was reviewing its privatization strategy which is expected to come out early next year.

Snack at Bazaar Bedug enough to please anyone

Snack at Bazaar Bedug enough to please anyoneSri Ramadani, The Jakarta Post, Jakarta No time to prepare a meal for breaking the fast during Ramadhan? Just take a trip to the food bazaar at the Bendungan Hilir traditional market in Central Jakarta where you'll discover plenty of choices to satisfy...

Elderly commits suicide in Serang

Elderly commits suicide in Serang SERANG, Banten: Residents in Cinangka subdistrict here were socked as a 65-year old man was found on Monday hanging on a plastic cable at a hut near his farmland.The old man, identified only as Rak, was believed to commit a suicide because he was embarrassed by his...

AIDS rampant in Samarinda

AIDS rampant in Samarinda SAMARINDA, East Kalimantan: Samarinda is the most vulnerable city in East Kalimantan province to the spread of HIV/AIDS, activists said here on Tuesday.Waris Husin, head of the Regional AIDS Prevention Commission (KPAD), said seven of the total 27 patients infected with...

State prosecutors question Habibie in Hamburg

State prosecutors question Habibie in HamburgThe Jakarta Post, Jakarta State prosecutors have started questioning former president B.J. Habibie as a witness in the corruption case allegedly involving Golkar chairman Akbar Tandjung, but doubt remains whether his deposition would drag Akbar into...

Man killed by noise youths

Man killed by noise youths TANGERANG: A man died in hospital hours after being mobbed for shouting at a group of young men who were making a noise in order to wake up residents for sahur (predawn meal) on Jl. Chandra in Kelapa Kedaung village, Penunggangan Barat subdistrict, on Monday.

Bill on medical practitioners

Bill on medical practitioners JAKARTA: The House of Representatives is hoping to advance a bill focusing on medical practitioners, which aims to protect the public, while improving legal certainty in the health services.

City councillors find illegal increase in bu ticket prices

City councillors find illegal increase in bu ticket pricesRendi A. Witular, The Jakarta Post, Jakarta The City Council's Commission D, dealing with transportation, found stickers announcing an illegal increase in bus ticket prices of up to 125 percent at the Pulo Gadung bus terminal on Tuesday.

Rubber meeting proposes floor price, supply cuts

Rubber meeting proposes floor price, supply cutsDow Jones, Bali Senior officials from the world's top natural rubber producers have proposed a floor price for the commodity at or near which reductions in output and exports will be enforced, an Indonesian official told Dow Jones Newswires Monday...