Indonesian Political, Business & Finance News

Archive: 14 December 2001

62 articles found

Ramadhan time for Jakarta for Friday

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

Recovery committee proposes crisis center

Recovery committee proposes crisis centerDadan Wijaksana, The Jakarta Post, Jakarta The National Economic Recovery Committee (KPEN) proposed on Thursday to the government to set up a special agency that could help bridge differences between the business sector and the government.

House believes Theys murdered

House believes Theys murdered The House of Representatives (DPR) is convinced that Irian pro-independence activist Theys H. Eluway was murdered.House Speaker Akbar Tandjung said on Wednesday that the government should speed up the investigation and release the results to the public.

Christmas present for Soeharto

Christmas present for Soeharto JAKARTA: The Supreme Court will officially wash its hands of ailing former president Soeharto's on again off again trial."The authority to decide on whether or not Soeharto will be taken to court lies exclusively with the Attorney Generals' Office," Chief Justice...

Poso Muslims return home, Christians take refuge

Poso Muslims return home, Christians take refugeThe Jakarta Post, Jakarta Increasing numbers of Muslims from Poso, Central Sulawesi had left refugee camps in Palu for their hometowns to celebrate Idul Fitri, while a wave of families who fled recent clashes in Poso arrived in Manado, North Sulawesi.

New oil blocks on offer

New oil blocks on offerThe Jakarta Post, Jakarta The government said it would offer 17 oil and gas exploration blocks mainly located in eastern Indonesia through an open tender next year.Minister of Energy and Mineral Resources Purnomo Yusgiantoro said that the proposition included six blocks...

Garbagemen distressed by current situation

Garbagemen distressed by current situation JAKARTA: Closure of the Bantar Gebang dump site in Bekasi, West Java, has also affected about 5,000 garbage collectors right across the city. They have become unemployed and face financial hardship since Monday's closure.

JBIC pledges cheap loans for railway project

JBIC pledges cheap loans for railway projectThe Jakarta Post, Jakarta The Japan Bank for International Cooperation (JBIC) agreed on Thursday to provide Indonesia with cheap loans amounting to 48.70 billion yen (about US$386.51 million) for education and railway projects.

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,...

Corporate Briefs

Corporate BriefsState-owned Indian Oil Corp. is in talks with Indonesia's national oil company Pertamina to start selling gasoline and diesel in Indonesia, the Press Trust of India reported Thursday. IOC would enter the retail business possibly through a joint venture with a local company.

New anti-graft law will bolster corruption

New anti-graft law will bolster corruptionTeten Masduki, Chairman of Indonesia Corruption Watch On Nov. 21 President Megawati Soekarnoputri signed off on a new anti-corruption law. Teten Masduki, chairman of Indonesia Corruption Watch, in an interview with The Jakarta Post contributor Christiani...

Probe on corruption case sought

Probe on corruption case sought TANGERANG: Several Tangerang officials are suspected of corruption in a case involving 14 housing developers. Head of the intelligence section at Tangerang Prosecutors' Office Nandi Warsidi said the main suspect was the former chief of the Municipal Revenue Agency,...

East Java gives priority to strategic projects

East Java gives priority to strategic projectsAinur R. Sophiaan, The Jakarta Post, Surabaya The East Java legislative council has endorsed its 2002 budget, giving priority to public service and several strategic development projects in order to spur economic growth in the province.

Cigarette maker pulls ad cartoon

Cigarette maker pulls ad cartoonThe Jakarta Post, Jakarta After being bombarded with criticism by educationists and politicians, cigarette maker PT HM Sampoerna has withdrawn a series of advertisements featuring cartoons characters.

Medan officers take examination

Medan officers take examinationApriadi Gunawan, The Jakarta Post, Medan Seeking promotions, more than 1,000 mid-level civil servants of the North Sumatra provincial administration underwent tests of their knowledge and managerial skills on Wednesday.

Jakarta's garbage woes

Jakarta's garbage woes Jakarta Governor Sutiyoso can draw a sigh of relief. The Bekasi municipality's announcement on Wednesday to allow Jakarta to continue to dump its garbage at Bantar Gebang -- Jakarta's biggest garbage dump so far -- gives the capital city at least temporary respite from having...

IBRA needs eight years to sell property assets

IBRA needs eight years to sell property assetsThe Jakarta Post, Jakarta The Indonesian Bank Restructuring Agency (IBRA) will need at least eight years to sell all of its property assets, way beyond the agency's lifetime, which is due to end in 2004, the Indonesian Property Study Center (PSPI) said.

Headings

Headings1. Poso: 10 x 4 lines:Poso Muslims return home, Christians take refuge 2. APBD: 20 x 2 lines:East Java gives priority to strategic projects 3. Fit: 16 x 2 lines: Medan officers take examination4. Diare: 16 x 2 linesEight die from diarrhea in W. Sumatra

Govt plan to abandon national exam lauded

Govt plan to abandon national exam laudedTertiani ZB Simanjuntak, The Jakarta Post, Jakarta The government's plan to scrap the national exams for elementary schools (Ebtanas) has received a thumbs-up from both teachers and education experts, pointing out that the existing system is redundant,...

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...

Papuans impatient with slow probe of Theys death

Papuans impatient with slow probe of Theys deathR.K. Nugroho, The Jakarta Post, Irian Jaya Papuans are becoming increasingly impatient with the slow pace of the investigation into the death of independence leader Theys Hiyo Eluay, who many believed was murdered for political reasons.

Govt to get more IMF cash

Govt to get more IMF cashBerni K. Moestafa, The Jakarta Post, Jakarta The government signed its fourth letter of intent (LoI) to the International Monetary Fund (IMF) on Thursday, pledging a new round of economic reform targets as the global economy takes a turn for the worse.

Residents challenge plan to reopen dump

Residents challenge plan to reopen dumpAnnastashya Emmanuelle, The Jakarta Post, Jakarta Bekasi residents were livid over a plan to possibly reopen Bantar Gebang dump, because they do not have faith in the City administration's willingness, integrity or ability to manage the waste disposal site...

Marijuana trafficker gets death sentence

Marijuana trafficker gets death sentenceBahrul Ilmi Yakub, The Jakarta Post, Palembang The South Sumatra High Court has imposed the death penalty on Kiagus Zainal Abidinagainst, who had previously been sentenced to 18 years in prison by a lower court for possessing 58.7 kilograms of marijuana.

Number of travelers jump significantly

Number of travelers jump significantlyThe Jakarta Post, Jakarta The number of travelers jumped significantly at Lebak Bulus and Kampung Rambutan bus terminals, as well as at Senen railway station on Thursday, three days ahead of Idul Fitri.

Eight die from diarrhea in West Sumatra

Eight die from diarrhea in West SumatraKasparman, The Jakarta Post, Padang At least eight people have died and 38 others were still undergoing intensive medical care Thursday from cases of severe diarrhea in Pasaman regency, some 170 kilometers north of the provincial capital of Padang this week.

American couple's bodies to be cremated

American couple's bodies to be cremated DENPASAR, Bali: The bodies of two Americans who were discovered in a hotel in Kuta, Bali, will be cremated on Friday at Nusa Dua at the behest of their families.The couple's remains "will be sent to their bereaved families in the United States," Gus Sumastra,...

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions* Stone Lithographs and Paintings by Ken Pattern, Koi Galeri/Restoran Jl Mahakam I/2 (Tel: 722 2864), 11 a.m. to 11 p.m. until Dec. 31. * Indonesian Comic part 2, The British Council, S. Widjoyo Centre, Jl. Jend. Sudirman 71, South Jakarta, Monday to Friday, 9 a.m.

Gapkindo asks for credit facilities for retention program

Gapkindo asks for credit facilities for retention programJohannes Simbolon, The Jakarta Post, Jakarta The Indonesian Rubber Producers Association (Gapkindo) has asked the government to provide credit facilities for its members to implement a rubber retention program agreed by Indonesia, Malaysia...

Rupiah Rates Dec. 13

Rupiah Rates Dec. 13 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S. dollar 1 10,525.00 9,525.00 10,075.00 9,975.00Austrian schilling 1 687.55 621.67 658.16 651.04Australian dollar 1 5,478.26 4,953.00 5,244.04 5,187.00Belgian franc 1 234.53 212.06 224.50 222.

Idul Fitri exodus affects capital's blood supply

Idul Fitri exodus affects capital's blood supplyEmmy Fitri, The Jakarta Post, Jakarta The annual holiday exodus that makes this bustling capital just a little bit quieter has seriously impacted the blood supply at the Jakarta's Indonesian Red-Cross (PMI) office, which is experiencing a drop of...

International training camp in Poso 'empty'

International training camp in Poso 'empty'Fabiola Desy Unidjaja, The Jakarta Post, Jakarta National Intelligence Agency chief A.M. Hendropriyono backtracked on Thursday from comments he made one day earlier that an international terrorist group in Poso were exacerbating the Christian-Muslim...

On Australia's foreign policy

On Australia's foreign policy I refer to the Australian ambassador's letter Australia belongs to Asia published in The Jakarta Post on Nov. 17 regarding Jusuf Wanandi's article published on Nov. 15. As an expatriate Australian for nearly 40 years, I saw nothing amiss with Wanandi's article.

'Monster Inc.', a real treat with lots of heart

'Monster Inc.', a real treat with lots of heartJoko E.H. Anwar, Contributor, Jakarta There is little reason to doubt that Disney will continue to deliver enjoyable animation features well into the future, yielding success at the box office and praise from the critics.

JP/3/DISO

JP/3/DISONew anti-graft law only exacerbates corruption On Nov. 21 President Megawati Soekarnoputri signed off on a new anti-corruption law. Teten Masduki, chairman of Indonesia Corruption Watch, in an interview with The Jakarta Post contributor Christiani Tumelap, criticizes the definition of...

Promises are for keeping

Promises are for keeping One of my good friends mentioned the other day that he liked this quote, which he apparently read in a recent issue of the Asian Wall Street Journal: It's an irony that man's achievements are always published on the last page while his failures are dominantly displayed on...

Palace farewells Ramadhan with 'Malam Selikuran'

Palace farewells Ramadhan with 'Malam Selikuran'Kartika Bagus C., The Jakarta Post, Surakarta A week before the end of the Muslim fasting month of Ramadhan, the Kraton (palace) Surakarta Hadiningrat staged Hajad Dalem Ingkang Sinuwun Pakoe Buwono (PB) XI.

Legal status of 'Antara' assessed, Sobary says

Legal status of 'Antara' assessed, Sobary saysFitri Wulandari, The Jakarta Post, Jakarta Head of the state-owned Antara news agency Mohamad Sobary said on Thursday that his agency was still conducting an assessment of its legal status as recommended by Law No.40/1991 on the Press.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 13, 2001: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 1,175 0 0 Adindo Foresta 70 0 0 AGIS 115 -5 302,500 Akbar Indo Makmur 195 25 16,000 Alakasa 190 30...

TI refuses to announce medal target for Asiad

TI refuses to announce medal target for AsiadMusthofid, The Jakarta Post, Jakarta The Indonesian Tae Kwon Do Association has three athletes in the priority list as good medal prospects for the 2002 Asian Games, but the officials have refused to so far set a medal target.

2 X 20 48pt Bodoni

2 X 20 48pt Bodoni Fiscal distress following the 1997-1998 crisis Part 2 of 2 Anwar Nasution Senior Deputy Governor Bank Indonesia Jakarta 2. State -- Between conflict and reconciliation1 x 32 48pt Bodoni Religious conflict and reconciliation The Statesman Asia News Network Calcutta

Anti-terrorism bill fails to impress legislators

Anti-terrorism bill fails to impress legislatorsKurniawan Hari, The Jakarta Post, Jakarta Legislators rejected on Thursday some articles in the government-sponsored antiterrorism bill which, it was widely feared, would justify human rights abuses.

'Sutiyoso unable to handle urban problems'

'Sutiyoso unable to handle urban problems'Ahmad Junaidi, The Jakarta Post, Jakarta City Governor Sutiyoso's plan to propose a bylaw banning outsiders, especially disadvantaged people, from entering the Jakarta reflects his inability to tackle pressing urban problems and his contempt for human...

87 weapons seized in Gorontalo

87 weapons seized in Gorontalo GORONTALO: The Gorontalo district police said on Thursday they have confiscated 87 weapons, mostly knives and machetes, and a number of explosive devices during a security sweep in this border area with Central Sulawesi.A police spokesman, First Insp.

Officials give differing figures on fuel smuggling

Officials give differing figures on fuel smugglingThe Jakarta Post, Jakarta Consistent with the recent flow of inconsistencies, an official at the Ministry of Energy and Mineral Resources issued on Thursday a new figure for fuel smuggling, which is much lower than the figures released by other...

Should Cirebon be a province?

Should Cirebon be a province?From RepublikaAs a layman and a resident of region III in Cirebon, I disagree with the idea of making Cirebon a province. How can Cirebon take on the provincial responsibilities, with four regencies and one city under its supervision? Managing Cirebon under its present...

One dead in car crash

One dead in car crash BANDUNG, West Java: This year's annual exodus of Idul Fitri travelers claimed one more life on Thursday, when a Suzuki Futura car collided with a Kijang van on the Padaleunyi toll road in Bandung.

1. Rubber (2 x 18)

1. Rubber (2 x 18) Gapkindo asks for credit facilities 2. OIL (4 x 18) Lower prices, volatility in store for oil, says researcher 3. Enron (2 x 18) 'Enron to sell $6b in restructuring' 4. Credit (1 x 30) 'CSFB pays $100m to resolve probe'

More bomb threats on horizon

More bomb threats on horizon Is the idiom "Things could be worse" still valid? Luckily nobody was hurt in the recent afternoon bomb explosion at kilometer 85.5 between Cikampek and Tanjung Rasa railway stations and only the schedules of 19 trains were disrupted.

1. KPEN (2x22)

1. KPEN (2x22) Economy recovery committee urges crisis center agency JP/20/KPEN 2. Oil (1x27) Oil exploration plots on offer 3. JBIC (4x13 JBIC pledges cheap loans for railway project 4. Asset (2x23) IBRA needs eight years to sell property assets JP/20/Asset 5.

Tommy still innocent of graft, but must go to jail

Tommy still innocent of graft, but must go to jailTiarma Siboro and Damar Harsanto, The Jakarta Post, Jakarta In a seemingly bizarre twist of justice, Chief Justice Bagir Manan on Thursday said Hutomo "Tommy" Mandala Putra must be jailed for last year's graft conviction but at the same time...

1. Blood - 2x 22

1. Blood - 2x 22 Idul Fitri exodus affects capital's blood supply 2. Worker - 1x40 Garbage collectors out of work, facing hard times 3. Warga - 2x20 Residents challenge plan to reopen dump 4. Bylaw - 1x 36 'Sutiyoso unable to handle urban problems'

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.

Free harelip medical operation for local kids from Caltex

Free harelip medical operation for local kids from Caltex Rahmat was 12 and Juniati was 11. Like the other kids at their village of Aur Sati in Tambang district of Bangkinang, Riau, the two played cheerfully in the neighborhood.

Govt, business need mutual trust

Govt, business need mutual trust Two dinners that took place here recently are worthy of comment. The first was held by the visiting premier of China, Zhu Rongji, and was attended by Indonesian businessmen from Jakarta and the regions.

Child perishes in Mataram flood

Child perishes in Mataram flood MATARAN, West Nusa Tenggara: At least one person has died after flood waters swept through 300 houses in Banjar village, Ampenan, in West Nusa Tenggara (NTB) on Thursday.

TV charity is good

TV charity is good but not accountableFrom Bisnis Indonesia With the relentless difficulties afflicting our country over the past few years, a number of social activities have emerged, one of which is fund raising by private television stations.

Bylaw on financial principles approved

Bylaw on financial principles approved JAKARTA: The city council had approved on Thursday a bylaw on city financial principles, which stipulate, among other things, allowances and facilities to be received by city officials and councillors.

Jakarta Hilton presents

Jakarta Hilton presents Masterpieces of Le Lion D'or at Jakarta Hilton Gracing the tables of Taman Sari ~ Savor fine French food & wine In surroundings of elegance & style Visiting guest chef - Eric Momme'jac Taman Sari Restaurant Jakarta Hilton International Dec.

Democracy will ease radicalism, analysts say

Democracy will ease radicalism, analysts sayBambang Nurbianto, The Jakarta Post, Jakarta Religious fundamentalism has found fertile socio-political grounds over the past year as marked by radical groups like the Islamic Defense Front (FPI) and Jihad Force, Islamic analysts say.

Fiscal distress following the 1997-1998 crisis

Fiscal distress following the 1997-1998 crisisAnwar Nasution, Senior Deputy Governor, Bank Indonesia, JakartaPart 2 of 2 Over 55 percent of the external debt as of December 1998 (US$83.6 billion) is owed by the private sector and over 80 percent of it was received by the non-bank corporate entities.

Trash piling up, Jakartans fear disease

Trash piling up, Jakartans fear diseaseAhmad Junaidi, The Jakarta Post, Jakarta The City administration is hastily implementing stopgap measures to prevent an outbreak of disease threatened by the mounting piles of trash throughout Jakarta, neglected as a result of the dispute over the Bantar...