Indonesian Political, Business & Finance News

Archive: 13 December 2001

83 articles found

TV today

TV todayTVRI 2:30 a.m. Ramadhan Program 4:30 Religious Teachings 6:00 News 8:00 Environment 8:45 City News 10:00 Children's Songs 10:30 30 Minutes with Anita Rahman 11:00 Regional News 11:30 Music 12:00 p.m.

Service discrimination

Service discrimination I flew from Kuala Lumpur to Jakarta on Dec. 8, 2001 on a plane that was full of Indonesian workers. First of all, the plane was delayed for about one hour. More importantly though, during the flight, I could see that there was discrimination in the service given by the crew.

IBRA won't investigate buyers of former Salim assets

IBRA won't investigate buyers of former Salim assetsTantri Yuliandini, The Jakarta Post, Jakarta The Indonesian Bank Restructuring Agency (IBRA) will not actively conduct an investigation into the buyers of former Salim Group assets, despite concern that they may be repurchased by the former owner,...

24 questioned over burnt dump trucks

24 questioned over burnt dump trucksDamar Harsanto, The Jakarta Post, Jakarta Twenty-four people are now in police custody in connection with the burning of two garbage trucks at the Bantar Gebang dump site in Bekasi on Monday, authorities said.

Habibie and Akbar trade more barbs

Habibie and Akbar trade more barbsKurniawan Hari, The Jakarta Post, Jakarta Former president B.J. Habibie and Golkar chief Akbar Tandjung, both implicated in an alleged financial scandal, have continued to make conflicting claims about the disputed 1999 food-for-the- poor project.

Spotlight

SpotlightPhoto A: PharmaceuticalLippoBankBANK-PHARMACY DEAL: Executives of LippoBank and pharmaceutical manufacturer PT Kimia Farma pose together after signing a joint agreement on Lippolink banking services at all Kimia Farma outlets across the country.

Govt reviews privatization strategy

Govt reviews privatization strategy Berni 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.

Four rebels killed in restive Aceh

Four rebels killed in restive Aceh BANDA ACEH, Aceh: At least four rebels of the Free Aceh Movement (GAM) were killed in the latest armed clash between the separatist guerrillas and military forces in Aceh Besar regency on Wednesday, official and Red Cross sources said.Military spokesman Lt. Col.

Promoters groups won't break from pro boxing body: Tourino

Promoters groups won't break from pro boxing body: TourinoMusthofid, The Jakarta Post, Jakarta The six-year suspension imposed by the World Boxing Council (WBC) has dealt the Indonesian professional boxing community a big overhand haymaker, but they appear to be indifferent to making any changes or...

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...

Plastic consumption rise 14.3% this year

Plastic consumption rise 14.3% this yearThe Jakarta Post, Jakarta After suffering in the doldrums during the economic crisis, local plastics producers have enjoyed increased demand for the past two years.

Ramadhan time for Jakarta for Thursday

Ramadhan time for Jakarta for Thursday Thursday Maghrib 6:04 p.m. Friday Imsak 4:00 a.m. Subuh 4:10 a.m.

Replacement for Sri Redjeki must be woman

Replacement for Sri Redjeki must be womanFitri Wulandari, The Jakarta Post, Jakarta Women activists urged the Golkar party on Wednesday to give the seat at the House of Representatives left vacant by Sri Redjeki Soemaryoto, the incumbent state minister of woman's empowerment, to a woman candidate...

Stopgap actions taken to handle garbage

Stopgap actions taken to handle garbageAnnastashya Emmanuelle, The Jakarta Post, Jakarta District and subdistricts are piling up residents' trash at temporary dumping sites in their areas, while the location of a final dumping site has still to be decided.

Adhoc tribunal on rights abuses

Adhoc tribunal on rights abuses State Secretary/Cabinet Secretary Bambang Kesowo said on Wednesday that he had not yet received the names of the 32 judicial candidates needed for the implementation of the adhoc tribunal for human rights abuses in East Timor from the National Commission for Human...

Higher land compensation sought

Higher land compensation sought TANGERANG: Some 60 families refused to leave their homes in Mekarsari and Selapanjang subdistricts to make way for the construction of a 4.5-kilometer-long new road connecting Tangerang and Soekarno-Hatta International Airport, despite frequent intimidation by...

Hoodlums arrested over bus extortion

Hoodlums arrested over bus extortion INDRAMAYU, West Java: Police here arrested at least nine hoodlums who often extorted bus drivers using West Java's northern coastal roads near Indramayu. "Their action has caused resentment among bus drivers and has resulted in widespread traffic jams,"...

On historical awareness

On historical awarenessFrom Rakyat MerdekaHistorian 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.

Habibie has no regrets in E. Timor

Habibie has no regrets in E. Timor JAKARTA: Former president B.J. Habibie has no regrets in holding a referendum that resulted in the people of East Timor overwhelmingly voting for independence from Indonesia in 1999.

Fiscal distress following the 1997-1998 crisis

Fiscal distress following the 1997-1998 crisisAnwar Nasution, Senior Deputy Governor, Bank Indonesia, JakartaPart 1 of 2 The economic crisis has caused fiscal distress in Indonesia as the inflexible and inefficient tax system cannot generate sufficient government revenues to meet rising...

Faulty novels found in Carrefour

Faulty novels found in CarrefourFrom KompasI bought one of Agatha Christie's novels published by PT Gramedia Pustaka for Rp 16,800 at Carrefour in Lebak Bulus, South Jakarta on Nov. 10. Unfortunately, I found that the story on page 17 through to page 32 was completely different to the Agatha...

RI gets $228.6m in soft loans, grants

RI gets $228.6m in soft loans, grantsThe Jakarta Post, Jakarta The World Bank, the Asian Development Bank and Kreditanstalt fuer Wiederaufbau (KfW) of the German government all approved a combined amount of US$228.6 million in soft loans and grants to Indonesia on Wednesday.

Privatization needs tough hand, experts say

Privatization needs tough hand, experts sayBerni K. Moestafa, The Jakarta Post, Jakarta Amid frequent run-ins with the regions and politicians, the government must show greater determination in privatizing state companies and break the resistance that blocks the process, say foreign economists.

Rupiah gains stronger ground

Rupiah gains stronger groundThe Jakarta Post, Jakarta The rupiah surged to breach the 10,000 level against the U.S. dollar on Wednesday trading, as corporate demand for the foreign unit declined ahead of year's end, dealers said.

40 swindled in mushroom plantation

40 swindled in mushroom plantation BOGOR: A group of 40 people have lodged a complaint with Bogor police against executives of agribusiness company PT Sinarkiwi Mustika Indonesia (SMI) for allegedly swindling investments.The group, led by Raindy Intan Widjaja, claimed the group lost a total of Rp 2.

JITF on track to meet debt restructuring target

JITF on track to meet debt restructuring target The 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...

Uncovering the mystery of secretive Bamus

Uncovering the mystery of secretive BamusKurniawan Hari, The Jakarta Post, Jakarta If there is one word that could be said to have dominated the headlines in recent days, it would have to be Bamus, the name of a special committee in the House of Representatives.

Fiscal distress following economic crisis: The economic crisis

Fiscal distress following economic crisis: The economic crisis has caused fiscal distress in Indonesia as the inflexible and inefficient tax system cannot generate sufficient government revenues to meet rising expenditures.

Passenger service

Passenger service Returning to one's hometown requires early preparation. However, the effort to avoid peak days, on the contrary, brought negative effects, as demonstrated in an ugly incident at state shipping company PT Pelni's ticket office at Kemayoran, Jakarta, on Dec. 6.

Taman Budaya project resumes

Taman Budaya project resumesSri 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.

1. Privat (4x11)

1. Privat (4x11)Privatization needs tough hands, Experts say2. Plasti (2x22)Plastic consumption rises 14.3% this year3. Loan (2x22)RI gets $228.6m in soft loans, grants4. BI (2x22)Q4 economy grows on local consumption: BI5. Paris (2x28)Govt to formally request Paris Club rescheduling soon6.

Local spending to fuel economic growth in 2002

Local spending to fuel economic growth in 2002Berni 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.

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 10,670.00 9,670.00 10,221.00 10,119.00Australian dollar 1 5,528.13 5,005.19 5,295.50 5,237.59Austrian schilling 1 693.38 627.69 664.20 656.84Belgian franc 1 236.52 214.11 226.57 224.

Balinese pay their last respects to a noble

Balinese pay their last respects to a nobleAnanta Wijaya and Pariama Hutasoit, Contributors, Mengwi, Bali Thousands of people flocked to Puri Agung Mengwi Palace, 20 kilometers north of Denpasar, with just one thing on their minds, witnessing one of the biggest cremations in Bali.

E-mails, virtual cards still no rival for the ol' snail mail

E-mails, virtual cards still no rival for the ol' snail mailEmmy Fitri, The Jakarta Post, Jakarta There are several old customs that are never missed when one speaks of traditions to mark the Idul Fitri, Christmas and New Year holidays.

Hamzah denies alleged swindle

Hamzah denies alleged swindle JAKARTA: The United Development Party (PPP) chairman Hamzah Haz denied allegations that he once received some Rp 25 billion (US$2.5 million) of the State Logistics Agency (Bulog) funds from former president B.J. Habibie during the 1999 election campaign period.

Robber killed by angry mob

Robber killed by angry mob JAKARTA: An angry crowd killed a man who tried to rob a passenger on a public bus in East Jakarta on Tuesday.Police reports said that the suspect, named Ratno Kelana, 23 threatened a passenger, 42, with a machete, demanded his wristwatch and Rp 300,000 cash.

Sale of Semen Gresik may trigger strike

Sale of Semen Gresik may trigger strikeThe Jakarta Post, Jakarta Employees of state-owned cement maker PT Semen Gresik will strike on Friday, with support from its president, if the government does not drop plans to sell a 51 percent of the company to Mexico's cement giant Cemex SA de CV, a union...

Military to stage war games in restive regency of Poso

Military to stage war games in restive regency of PosoBadri Djawara, The Jakarta Post, Palu The Indonesian Army, Navy and Air Force will stage joint war games exercises in Poso, Central Sulawesi, according to military officials, who added that the drills will take place irrespective of ongoing...

Where are we headed?

Where are we headed?From Rakyat MerdekaCorruption, collusion and nepotism (KKN) in Indonesia must be completely eradicated on an integrated basis. Otherwise, this country will go bankrupt.To eradicate KKN, the law must be enforced.

Ambon remains tense, death toll rises

Ambon remains tense, death toll risesOctovianus Pinontoan, The Jakarta Post, Ambon The Maluku capital of Ambon remained tense and deserted on Wednesday as most people chose to stay home amid tightened security.

Government to reform policy on transmigration

Government to reform policy on transmigrationTertiani ZB Simanjuntak, The Jakarta Post, Jakarta The government is set to reform the transmigration program, making it more effective and preventing it from becoming a source of conflict between locals and migrants, an official said on Wednesday.

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,...

Where to go in Bali: Thursday, December. 13, 2001

Where to go in Bali: Thursday, December. 13, 2001Exhibitions* An Evolution of Collaboration between Photograps and Paintings, Gaya Fusion of Senses, Jl. Raya Sayan, Ubud (Tel. 0361 979253), until Dec. 26. * Panting Faight of Women by Made Sukadana, Paros Gallery, Jl.

UGM holds first election under autonomous campus program

UGM holds first election under autonomous campus programAsip A. Hasani, The Jakarta Post, Yogyakarta Following the lead of the Institute of Technology (ITB) in Bandung and the North Sumatra University (USU) in Medan, Gadjah Mada University, the oldest higher learning institution in the country, is...

Where are we headed?

Where are we headed?From Rakyat Merdeka Corruption, collusion and nepotism (KKN) in Indonesia must be completely eradicated on an integrated basis. Otherwise, this country will go bankrupt.To eradicate KKN, the law must be enforced.

Minister's helicopter makes emergency landing

Minister's helicopter makes emergency landingYemris Fointuna, The Jakarta Post, Kupang The helicopter carrying Minister of Social Affairs Bachtiar Chamsyah and his entourage developed mechanical trouble and was forced to make an emergency landing in Soe, about 100 kilometers from Kupang in western...

Where are we headed?

Where are we headed?From Rakyat Merdeka Corruption, collusion and nepotism (KKN) in Indonesia must be completely eradicated on an integrated basis. Otherwise, this country will go bankrupt.To eradicate KKN, the law must be enforced.

Q4 economy grows on local consumption: BI

Q4 economy grows on local consumption: BIBerni K. Moestafa, The Jakarta Post, Jakarta Bank Indonesia said on Wednesday that it expected the country's economy to grow by between 3.3 and 3.6 percent in the fourth quarter of this year, because of a surge in domestic consumption ahead of the year-end...

Buleleng reflects past glory in North Bali

Buleleng reflects past glory in North BaliAlit Kertarahardja, Contributor, Buleleng Buleleng is one place in northern part of Bali where people from different ethnic groups and religions have mingled, living peacefully and harmoniously for years.

IBRA: Racing against time to meet targets

IBRA: Racing against time to meet targets Burdened with targets for the state annual budget and various conflicts of interest, the Indonesian Bank Restructuring Agency (IBRA) seems to be racing against time in its efforts to sell assets under its control by the end of this year.

Jiang's visit boost to Yangon

Jiang's visit boost to YangonAssociated Press, Yangon China and Myanmar signed six pacts on economy and border security on Wednesday at the start of Chinese President Jiang Zemin's landmark visit, seen as a major boost to the military state's ruling junta.

Int'l terrorists train in Poso

Int'l terrorists train in PosoFabiola Desy Unidjaja and Tiarma Siboro, The Jakarta Post, Jakarta Strife-torn Poso in Central Sulawesi had been used as a base and training site by international terrorist groups, National Intelligence Agency Chief A.M. Hendropriyono said on Wednesday.

Govt to formally request Paris Club rescheduling soon

Govt to formally request Paris Club rescheduling soonDadan Wijaksana, The Jakarta Post, Jakarta Finance Minister Boediono said on Wednesday that the government would submit an official request "soon" for the rescheduling of the country's sovereign debt maturing in 2002 and 2003.

U.S. Dollar Rates Dec. 12

U.S. Dollar Rates Dec. 12 Latest Previous %ChgYen 125.77-82 125.99-06 -0.17Euro* 0.8945-49 0.8928-33 +0.19Sterling* 1.4427-32 1.4391-97 +0.25Swiss franc 1.6482-88 1.6525-31 -0.26Canadian dollar 1.5664-69 1.5720-26 -0.36Australian dollar* 0.5172-77 0.5154-59 +0.35New Zealand dollar* 0.4185-90 0.

Higher land compensation sought

Higher land compensation sought TANGERANG: Some 60 families refused to leave their homes in Mekarsari and Selapanjang subdistricts to make way for the construction of a 4.5-kilometer-long new road connecting Tangerang and Soekarno-Hatta International Airport, despite frequent intimidation by...

Wife joins detained illegal banker

Wife joins detained illegal banker MAKASSAR, South Sulawesi: Police in South Sulawesi have detained the wife of a cooperatives head who had earlier been arrested for jointly operating an "illegal bank" in the province's capital of Makassar.

Senen station overwhelmed by thousands of travelers

Senen station overwhelmed by thousands of travelersRendi A. Witular, and Leo Wahyudi S., The Jakarta Post, Jakarta Thousands of would-be travelers queued early on Wednesday in Senen railway station to get train tickets to the provinces of Yogyakarta, Central Java and East Java.

Tommy calls in sick, but police are not buying it

Tommy calls in sick, but police are not buying itDamar Harsanto and Fabiola Desy Unidjaja, The Jakarta Post, Jakarta The sudden illness of a big-name suspect is nothing new in this country's battered legal system.

Court acquits cybercrime suspect

Court acquits cybercrime suspectThe Jakarta Post, Jakarta The first man tried here for cybercrime walked free as the court stated that the Internet was a free medium which anyone could use as long as it did not inflict losses on others.

2 X 20 48pt Bodoni

2 X 20 48pt Bodoni Fiscal distress following the 1997-1998 crisis Part 1 of 2 Anwar Nasution Senior Deputy Governor Bank Indonesia Jakarta 2. Refugee -- Rejection of Afghan refugees sends mixed signals on policy 1 x 32 48pt Bodoni Rejection of refugees leaves questions The Asahi Shimbun Tokyo 3.

JFX ready to trade gold in January

JFX ready to trade gold in JanuaryTantri Yuliandini, The Jakarta Post, Jakarta The Jakarta Futures Exchange (JFX) is ready to trade in gold by the end of January next year following a positive response to the commodity during the trade simulation period, JFX president Hasan Zein Mahmud announced on...

SEALS storm S'pore-chartered ship

SEALS storm S'pore-chartered ship SINGAPORE: U.S. Navy SEALS stormed a Singapore-chartered container ship off the coast of Pakistan, handcuffing six crew members and injuring two, a spokesman for the shipping line said on Wednesday.The SEALS -- an elite Navy special forces group -- along with U.S.

Rival PKB groups plan separate congresses

Rival PKB groups plan separate congressesFabiola Desy Unidjaja, The Jakarta Post, Jakarta In a bid to win government support for his National Awakening Party (PKB), Matori Abdul Djalil has been courting President Megawati Soekarnoputri.

Public services to function as usual

Public services to function as usualThe Jakarta Post, Jakarta Provincial administrations that have not yet submitted their 2002 draft budgets to their respective legislatures will be able to cover routine spending and deliver public services as normal.

JP/7/Project

JP/7/Project Yogyakarta cultural and art center project resumesorYogyakarta art and cultural center project resumesor Yogyakarta 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...

No accounts or assets of terrorists in RI: Minister

No accounts or assets of terrorists in RI: MinisterTertiani ZB Simanjuntak and Tiarma Siboro, The Jakarta Post, Jakarta The government completed its investigation and found neither bank accounts nor assets belonging to international terrorist groups in Indonesia, Minister of Justice and Human...

1. REAX: 50 pt, 2 cols, 4 x 12

1. REAX: 50 pt, 2 cols, 4 x 12 Residents furious over Sutiyoso's incompetence or Residents annoyed over rotting garbage 2. POST: 40 pt, 3 cols, 2 x 25 Post office working double-time to deliver mail in festive season or E-mails, virtual cards still no rival for the ole snail mail (I prefer the...

Corrupt customs service

Corrupt customs service Indonesia's customs service is certainly no less corrupt than the tax office. After all, they are both part and parcel of a government that has been perceived to be one of the most corrupt in the world.

Blackout continues in Kupang, S. Timor Tengah

Blackout continues in Kupang, S. Timor TengahYemris Fointuna, The Jakarta Post, Kupang Muslims and Christians in Kupang and South Timor Tengah will not likely be able to celebrate Idul Fitri and Christmas because the state-owned electricity company PT PLN has yet to restore power in the two...

KL increases security at Thai border

KL increases security at Thai border MALAYSIA: Marine forces will step up security in the waters along the Malaysian-Thailand border ahead of an expected surge in smuggling activities, an official in Kuala Lumpur said on Wednesday.

Police conduct urine tests on bus drivers

Police conduct urine tests on bus driversRendi A. Witular, The Jakarta Post, Jakarta City police officers have finally began administering drug tests for public bus drivers to determine whether they are alcohol or drug users, after the program was delayed for about a month.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 12, 2001: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 1,175 0 37,500 Adindo Foresta 70 0 0 AGIS 120 0 127,500 Akbar Indo Makmur 170 0 14,500 Alakasa 160...

Residents furious over Sutiyoso's incompetence

Residents furious over Sutiyoso's incompetenceMuninggar Sri Saraswati, The Jakarta Post, Jakarta While Jakarta Governor Sutiyoso panicked over where to dump the city's garbage after the closure of the Bantar Gebang dump site in Bekasi, people were furious over the incompetence of the city...

Mega urged to reject controversial bill

Mega urged to reject controversial billThe Jakarta Post, Jakarta A group of non-governmental organizations (NGOs) has urged President Megawati Soekarnoputri to reject a controversial bill expected to increase the powers of police, and return it to the House of Representatives for further...

Hoodlums arrested over bus exortion

Hoodlums arrested over bus exortion INDRAMAYU, West Java: Police here arrested at least nine hoodlums who often extorted bus drivers using West Java's northern coastal roads near Indramayu."Their action has caused resentment among bus drivers and has resulted in widespread traffic jams," Indramayu...

Bantar Gebang dump may be reopened

Bantar Gebang dump may be reopenedAhmad Junaidi, The Jakarta Post, Jakarta The Bekasi municipality has apparently softened its stance over the closure of the Bantar Gebang waste disposal site after the central government intervened on Wednesday in the dump site dispute, indicating that Jakarta may...

Aceh politician's murder unsolved

Aceh politician's murder unsolved JAKARTA: House Speaker Akbar Tandjung on Tuesday criticized the police for having failed to resolve the January, 2000 murder of an Acehnese politician in Medan, North Sumatra.

Theft at coffee shop

Theft at coffee shop On the afternoon of Dec. 4, 2001, not long before the breaking of the fast at about 5:10 p.m., I lost my laptop inside the Coffee Garden restaurant at Shangri-la hotel.I reported the theft at the nearest police office and was told that it was not the first time that such an...

Singapore to keep stakes in local economy

Singapore to keep stakes in local economyAgencies, Singapore State-run companies have been key to Singapore's success and the government will keep its stake in parts of the local economy though slowly reduce its involvement with time, the chairman of the government's powerful investment holding...

Museum to test walk baby girl

Museum to test walk baby girl SEMARANG, Central Java: Authorities are to investigate claims that a seven-month old baby girl has managed to walk.Paulus Pangka, the manager of Central Java's Indonesian Record Museum (MURI) in Semarang, said its office would conduct a validity test on Aulia Valeda...

Govt extends Medco's oil contracts

Govt extends Medco's oil contractsThe Jakarta Post, Jakarta The government has extended contracts held by energy firm PT Medco Energy International Tbk permitting its exploitation of the Rimau Block in South Sumatra and the Tarakan Block in East Kalimantan, the company said on Wednesday.

Oil producing companies

Oil producing companies In your Dec. 10, page 16 oil and gas article you list a number of oil and gas producing companies. The problem with the list is that you do not have your facts right.When you mention that Pertamina oil production is 86,000 bpd, you should also know that this includes a large...