Archive: 16 February 2001
60 articles found
Fri, 16 Feb 2001, 00:00 WIB
Champion Kartika SC dominates championships
Champion Kartika SC dominates championships JAKARTA (JP): Defending champion Kartika Shooting Club dominated the second day of the Inter-Club National Championships at the Bung Karno Shooting Range in Senayan, Central Jakarta, on Thursday, taking six gold medals. Parwanto won the first gold of the day for Kartika in the men's air rifle individual event, with a score of 669.4 points.
Fri, 16 Feb 2001, 00:00 WIB
Megawati to open new fishing port
Megawati to open new fishing port JAKARTA (JP): The city is set to have its first ocean fishing port of Samudera Jakarta in Muara Baru, North Jakarta, slated to be officiated by Vice President Megawati Soekarnoputri on Friday.
Fri, 16 Feb 2001, 00:00 WIB
Abu Syaff enlarges despite offensive
Abu Syaff enlarges despite offensive MANILA (AP): A Muslim extremist group, which kidnapped scores of foreigners in the southern Philippines last year, slightly grew in numbers despite a massive military offensive, Defense Secretary Eduardo Ermita said on Thursday. The Abu Sayyaf's guerrillas increased by about 160 to a total of 1,269 in 2000, and remains a security concern, he said. The rebel group has more than 370 guns, he said.
Fri, 16 Feb 2001, 00:00 WIB
Multicultural program for children launched
Multicultural program for children launched JAKARTA (JP): Bartol and Sam, both 12 years old, are children of Kanum ethnic group living around Rawa Biru (Blue Swamp) in Merauke, Irian Jaya. One day, while fishing at the swamp, they accidentally crossed an area known as Sasi. Sasi is a Kanum tribal mourning tradition signified by plunging a marker in the swamp around which people are forbidden to fish for two to three years.
Fri, 16 Feb 2001, 00:00 WIB
Rupiah Rates Feb.15
Rupiah Rates Feb.15 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.
Fri, 16 Feb 2001, 00:00 WIB
TNI to announce reshuffle in three days: Endriartono
TNI to announce reshuffle in three days: Endriartono JAKARTA (JP): The Indonesian Military (TNI) headquarters is expected to announce a reshuffle within the next three days, Army Chief of Staff Gen. Endriartono Sutarto said on Thursday. He, however, dismissed speculation that the reshuffle would be major, saying that it would only relate to routine staff appointments, particularly at Army headquarters. "The Army has finalized its reshuffle plan.
Fri, 16 Feb 2001, 00:00 WIB
Telkom, Indosat end their cross-ownerships worth $1.5b
Telkom, Indosat end their cross-ownerships worth $1.5b JAKARTA (JP): In a US$1.5 billion landmark deal, state telecommunication firms PT Telkom Indonesia and PT Indonesia Satellite Corporation (Indosat) agreed to end their cross- ownerships in three of their subsidiaries to simplify restructuring efforts. Under the deal, Telkom would spend $945 million, and Indosat $599 million in exchanging ownerships of their subsidiaries, a joint press statement of the two state companies said on Thursday.
Fri, 16 Feb 2001, 00:00 WIB
Elize's dossier sent to prosecutor
Elize's dossier sent to prosecutor JAKARTA (JP): City police submitted on Thursday the dossiers on bomb suspects Elize Maria Tuwahatu and her mother Sonya to the Jakarta Prosecutor's Office. City police spokesman Sr. Comr. Anton Bahrul Alam said Elize would be charged with possessing three bombs, while her mother would be charged with assisting her in the commission of a crime.
Fri, 16 Feb 2001, 00:00 WIB
President's defense team named: Susilo
President's defense team named: Susilo JAKARTA (JP): Coordinating Minister for Political, Social and Security Affairs Susilo Bambang Yudhoyono revealed on Thursday that a special team to formulate the President's response to the House of Representatives' memorandum has been established. "The President has appointed me to set up the political team and I'm now in the process of setting it up, including the candidate members of the team and the terms needed to formulate the response.
Fri, 16 Feb 2001, 00:00 WIB
HPMI members deny charges by Honda
HPMI members deny charges by Honda JAKARTA (JP): Chinese motorcycle distributors and importers denied on Thursday allegations that their products have been infringing the patent rights of Honda. According to the newly established Indonesian Motorcycle Industry Association (HPMI), which groups mostly distributors and importers of non-Japanese motorbikes, the allegation was made merely as a ploy to ruin the image of their motorbikes. The association's chairman Henry J.
Fri, 16 Feb 2001, 00:00 WIB
Gov't says SIRA chief trial in Sabang
Gov't says SIRA chief trial in Sabang BANDA ACEH, Aceh: The trial of Central Information for Aceh Referendum (SIRA) chief Muhammad Nazar remains up in the air after the government brushed off a Supreme Court ruling on Thursday that the trial venue be moved from Sabang, Aceh to Medan, North Sumatra. Coordinating Minister for Political, Social and Security Affairs Susilo Bambang Yudhoyono said in Jakarta that the government was firm in its decision to hold the trial in Sabang.
Fri, 16 Feb 2001, 00:00 WIB
NGOs to call for aid boycott if forest law not enforced
NGOs to call for aid boycott if forest law not enforced JAKARTA (JP): Four local non-governmental organizations have threatened to call for a boycott by Indonesia's aid donors unless the government puts an immediate stop to illegal logging and the destruction of the country's forests.
Fri, 16 Feb 2001, 00:00 WIB
Dossiers of alleged shooters submitted
Dossiers of alleged shooters submitted AMBON, Maluku: Pattimura Military Commander Brig. Gen. I Made Yasa said on Thursday that the dossiers of the Wijaya II rogue shooters have been handed over to Indonesian Military (TNI) headquarters. He pledged to "bow to any decision made following the probe". "I have handed the case dossiers over to TNI headquarters.
Fri, 16 Feb 2001, 00:00 WIB
Crop data spur selling in Malaysia palm oil
Crop data spur selling in Malaysia palm oil KUALA LUMPUR (Reuters): Export figures dragged down Malaysian palm oil futures on Thursday, with traders seeing little prospect of stronger sentiment due to high stocks. The benchmark third-month April [KPOJ1 futures contract shed 24 ringgit to 694 ringgit (US$182.63) a ton. Volume was 2,573 lots. Physical February (south) crude palm oil was offered at 655 ringgit a tonne and no bids were seen. February (central) saw offers at 660 but no bids.
Fri, 16 Feb 2001, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Exhibitions * Photo: Indonesian Press Photo Service (Ipphos) photos (1945 - 1950), I See Gallery, The Polish Cultural Center, Jl. Diponegoro, Central Jakarta, until Feb. 28. * Painting Bramasto's Collections 1939-1996, Gallery Twilite Cafe, Jl. Kemang Raya No. 24A, South Jakarta (Phone: 7194270), until Feb. 28. * Photo: Artlife on Bali: 1930-1958 by Paul Spies, Erasmus Huis, Jl. H.R. Rasuna Said Kav. S-3, South Jakarta (Phone: 5241069), until Feb. 24.
Fri, 16 Feb 2001, 00:00 WIB
Presidential priorities
Presidential priorities North Sumatra, Bengkulu, East Java, Central Java, Aceh, Jambi, Banten - these are only some of Indonesia's disaster-struck provinces. Australia, Mecca, Singapore and Cairo again, Nigeria, Brazil, Yemen, - these are a few of the recent or planned travel destinations of the presidential party.
Fri, 16 Feb 2001, 00:00 WIB
Police may question Akbar over land scam
Police may question Akbar over land scam JAKARTA (JP): Pressure over a housing scam allegedly involving Golkar Party chairman Akbar Tandjung is growing with National Police spokesman Brig. Gen. Saleh Saaf on Thursday suggesting that Akbar could be questioned pending the emergence of further evidence. "If there is strong evidence of a crime, we might summon Akbar for questioning. Nobody is above the law," Saleh told reporters.
Fri, 16 Feb 2001, 00:00 WIB
Japan protests to U.S. over helmsmen of crashed sub
Japan protests to U.S. over helmsmen of crashed sub TOKYO (AFP): Japan made a formal protest on Thursday to the United States following Washington's admission that civilian guests were at the controls of the U.S. submarine which rammed and sank a Japanese fishing vessel. Japanese Foreign Minister Yohei Kono had a 20-minute telephone conversation with U.S. Secretary of State Colin Powell, the foreign ministry said in a statement.
Fri, 16 Feb 2001, 00:00 WIB
JFX ready to face new competitors
JFX ready to face new competitors JAKARTA (JP): The Jakarta Future Exchange (JFX) said the opening of Indonesia's second futures commodities exchange next month would not undermine its operation. JFX director J.W. Sudomo said on Wednesday the planned operation of the Jakarta Commodities Exchange (Jacom) would help promote the country's infant futures trading market.
Fri, 16 Feb 2001, 00:00 WIB
Style still counts in Muslim fashion
Style still counts in Muslim fashion By Tri Hafiningsih JAKARTA (JP): The doors to fashion and style do not have to close when women make the choice to wear the jilbab, the Muslim head scarf. It's a common sight now to see women in public places wearing the scarf, with their bodies fully covered according to Islamic teachings. It also appears that more celebrities, such as singers Dewi Yull and actress Marissa Haque, now wear the Islamic attire than in the past.
Fri, 16 Feb 2001, 00:00 WIB
National education committees formed
National education committees formed JAKARTA (JP): The Ministry of National Education has set up two committees to review and revise a number of regulations and laws concerning the educational arena. "The Committee for Education Reform will work on the nuts and bolts issues while the Committee for National Education will work on the philosophical basis involved as well as the concepts and strategies to be applied," Minister Yahya Muhaimin said.
Fri, 16 Feb 2001, 00:00 WIB
ASEAN energy needs $180b investment
ASEAN energy needs $180b investment SINGAPORE (Agencies): Southeast Asia needs nearly US$180 billion in investments over the next 10 years to fully develop its energy sector, a conference was told Thursday. Investment opportunities lay in power generation, renewable energy and the development of a natural gas pipeline to traverse the 10 countries comprising the Association of Southeast Asian Nations (ASEAN), an expert told the gathering.
Fri, 16 Feb 2001, 00:00 WIB
Stock quotations on JSX
Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on Feb.15, 2001: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 1,875 75 397,500 Adindo Foresta Indonesia 125 -5 235,000 Alakasa Industrindo 190 0 0 Alfa Retailindo 975 0 63,000 Alter Abadi 110 -5 75,000 Alumindo Light Metal 750 50 10,000 Andhi Chandra 1,525 25 159,500 Aneka Kimia Raya 190 0 0 Aneka Tambang (Persero) 950 25 1,345,000 Anwar Sierad 300 0 0...
Fri, 16 Feb 2001, 00:00 WIB
Strengthening Australia-RI ties
Strengthening Australia-RI ties The following is the first part of a shortened address by the new Australian envoy Richard Smith to a luncheon held by the Indonesia Australia Business Council (IABC) in Jakarta, Feb. 6. JAKARTA: Let me offer a few impressions based on my first three weeks here. The first is about the welcome given me by the Indonesians I have met.
Fri, 16 Feb 2001, 00:00 WIB
TNT gets ISO 9002 certificate
TNT gets ISO 9002 certificate JAKARTA (JP): PT TNT Logistics Indonesia, a subsidiary of Amsterdam-based TNT Post Group N.V. has been awarded ISO 9002 certification for its logistics warehouse operation at milk powder manufacturer PT Sari Husada in Klaten, Central Java.
Fri, 16 Feb 2001, 00:00 WIB
Meeting called to decide Arifin's fate
Meeting called to decide Arifin's fate JAKARTA (JP): Indonesian Democratic Party of Struggle (PDI Perjuangan) faction chief Arifin Panigoro saw his fate hang by a thread on Thursday as a party meeting was called in response to a series of his controversial moves. Without elaborating, the party's deputy secretary general Pramono Anung said the internal executive meeting was scheduled to take place on Friday.
Fri, 16 Feb 2001, 00:00 WIB
La Paene keeps his word by turning into pro boxer
La Paene keeps his word by turning into pro boxer JAKARTA (JP): National flyweight boxer La Paene Masara was not bluffing when he insisted that the Indonesian Amateur Boxing Association (Pertina) find him a job or he would turn professional. La Paene has stood by his word by quitting the Kuala Lumpur Southeast Asian (SEA) Games training program at the Ragunan Sports School in South Jakarta.
Fri, 16 Feb 2001, 00:00 WIB
NDF market poses a threat to rupiah
NDF market poses a threat to rupiah SINGAPORE (Dow Jones): In defiance of Bank Indonesia's recent moves to curb speculative trading in the rupiah, a handful of major foreign banks in Singapore have agreed to start trading rupiah non-deliverable forwards from Monday, dealers said on Thursday.
Fri, 16 Feb 2001, 00:00 WIB
Asian pulp supply 'remains plentiful despite troubles'
Asian pulp supply 'remains plentiful despite troubles' SINGAPORE (Dow Jones): Asian pulp supply will remain abundant despite Asia Pulp & Paper Co.'s (APP) financial troubles, analysts said. Some believe APP's mountain of debts may pull the brakes on APP's milling operations and lead to a drastic reduction in Indonesia's pulp exports, helping the market to recover.
Fri, 16 Feb 2001, 00:00 WIB
Detainee found dead in Bogor
Detainee found dead in Bogor BOGOR (JP): A defendant in a rape case was found dead in his isolation cell at the Paledang penitentiary. The warden, Agus Toyip, said that the victim, identified as Edi Suhendi, 59, was found dead by a guard who was on patrol at around 1:50 a.m. He said the employee was suspicious when he saw Edi standing with his back leaning against the iron-bared door of his cell. It turned out that Edi had hang himself from the iron bars by tying his sarong around his neck.
Fri, 16 Feb 2001, 00:00 WIB
Court to receive files on corrupt judges this month
Court to receive files on corrupt judges this month JAKARTA (JP): The government-appointed Joint Team to Eradicate Corruption is once again to bring charges against corrupt judges, this time through the offices of public prosecutors. Head of the team Adi Andojo Sutjipto said that the team would start submitting the dossiers on bribery cases involving delinquent judges to the district courts concerned later this month. "Our team consists of, among others, prosecutors and police officers.
Fri, 16 Feb 2001, 00:00 WIB
Why reduce violence?
Why reduce violence? An article in The Jakarta Post on Feb. 12, 2001 (page 1), Indonesian and GAM strike accord to reduce violence, caught my attention and I would like to offer my comments. First of all, what is the use of reducing violence, because we have no exact figures of how major the violence is in Aceh and how much reduction is needed. In my opinion, the accord should be on "stopping" or "abolishing" violence, not reducing it.
Fri, 16 Feb 2001, 00:00 WIB
Suspects in attack on City Council held
Suspects in attack on City Council held JAKARTA (JP): Police have detained seven people in connection with Wednesday's mob attack on the City Council, Jakarta Police spokesman Sr. Comr. Anton Bahrul Alam said on Thursday. "They have been placed in custody for their alleged involvement in the vandalism," Anton said.
Fri, 16 Feb 2001, 00:00 WIB
Rare trees lost in botanical gardens
Rare trees lost in botanical gardens BOGOR (JP): A large number of rare trees planted in botanical gardens here and in Bali have fallen following days of torrential rain over the past week.
Fri, 16 Feb 2001, 00:00 WIB
Malaysia expected to avoid neighbors' turmoil
Malaysia expected to avoid neighbors' turmoil By Simon Cameron-Moore KUALA LUMPUR (Reuters): When the time comes for Malaysian strong man Mahathir Mohamad to stand down, his country will be better equipped to ride the transition than some of its troubled Southeast Asian neighbors. Impeached Philippine President Joseph Estrada was bounced out of office last month after a "people power" revolt swept Vice- President Gloria Macapagal Arroyo to power, with the military's approval.
Fri, 16 Feb 2001, 00:00 WIB
Court begins hearing case against Suwondo
Court begins hearing case against Suwondo JAKARTA (JP): The North Jakarta District Court commenced on Thursday the trial of President "Gus Dur" Abdurrahman Wahid's masseur, Muhammad Alip Agung Suwondo, for his alleged role in the Rp 35 billion (US$3.6 billion) State Logistic Agency (Bulog) scandal.
Fri, 16 Feb 2001, 00:00 WIB
To disband Golkar or not?
To disband Golkar or not? From Rakyat Merdeka Amid intensified rallies staged by supporters of President Abdurrahman "Gus Dur" Wahid on one hand and anti Gus Dur demonstrations on the other, out of the blue groups of university students and people took to the streets demanding the disbanding of the Golkar Party. It is not clear whether this demand has been made to the government or the House of Representatives.
Fri, 16 Feb 2001, 00:00 WIB
Music in taekwondo meet to attracts fans
Music in taekwondo meet to attracts fans JAKARTA (JP): The Indonesian Taekwondo Association (TI) blended sports event with musical performance and games at the second LG Cup Taekwondo National Championships in an effort to popularize the sport more. The tournament started Thursday and ends on Sunday staging eight weight classes in both men's and women's division at the Bung Karno Indoor Tennis Stadium in Senayan, Central Jakarta.
Fri, 16 Feb 2001, 00:00 WIB
Regional autonomy revisited
Regional autonomy revisited Barely six weeks since the regional autonomy law came into force, doomsayers in Jakarta are already giving the thumbs down to the power-sharing arrangement between the central and regional administrations.
Fri, 16 Feb 2001, 00:00 WIB
Government submits to House bill on National Police
Government submits to House bill on National Police JAKARTA (JP): The government submitted to the House of Representatives (DPR) on Thursday the National Police review bill regulating the Police's independence and primary duties in maintaining nationwide security.
Fri, 16 Feb 2001, 00:00 WIB
PT Ancol official dismissed over financial scandal
PT Ancol official dismissed over financial scandal JAKARTA (JP): President director of PT Pembangunan Jaya Ancol (PJA) Rushadi has paid a dear price for allowing the company to sponsor overseas trips for a group of city councillors and officials. An extraordinary shareholders meeting of PJA, which is partly owned by the city administration, on Wednesday evening decided to honorarily dismiss Rushadi.
Fri, 16 Feb 2001, 00:00 WIB
Mahfud apologizes but stands by claims
Mahfud apologizes but stands by claims JAKARTA (JP): Minister of Defense Mahfud MD apologized on Thursday for alleging that the Golkar Party misused funds during the 1999 general election, but not because his remarks were inaccurate, rather for the "hurt" they caused the party. "I realize that Golkar might not be happy about it. I will not make any further reference (to it)," Mahfud told reporters after inaugurating Ermaya Suradinata as governor of the National Resilience Institute (Lemhannas).
Fri, 16 Feb 2001, 00:00 WIB
IFC, SCB agree to aid RI importers
IFC, SCB agree to aid RI importers JAKARTA (JP): The International Finance Corporation (IFC) and Standard Chartered Bank (SCB) signed an agreement on Thursday to provide some US$125 million in trade financing for Indonesian importers. The IFC said in a press statement that the five-year revolving trade finance facility was part of efforts to help stimulate recovery in Indonesia's international trade flows.
Fri, 16 Feb 2001, 00:00 WIB
BMW predicts continued growth in Asia
BMW predicts continued growth in Asia SINGAPORE (Reuters): Germany's BMW AG said on Thursday it expected double-digit growth in car sales in Asia to continue this year. The luxury carmaker said sales of its cars in Asia rose 16 percent to 58,250 vehicles in 2000. Luder Paysen, senior vice president of BMW Group sales division, told a news conference the company was very bullish on Asia in the medium and long term. "This year, we see for our products a very positive trend," he said.
Fri, 16 Feb 2001, 00:00 WIB
City receives ISO certificate
City receives ISO certificate JAKARTA (JP): Two of the city's 43 district offices received on Wednesday ISO 9002 certificate for their quality services. The certificates were handed over by German-based TUV International Indonesia to Governor Sutiyoso in a ceremony held at the Duren Sawit district office, East Jakarta. "The certification proves that quality management of our public service has met international standards. I hope the achievement will motivate other districts," said Sutiyoso.
Fri, 16 Feb 2001, 00:00 WIB
Surakarta hosts supercross event
Surakarta hosts supercross event SURAKARTA, Central Java (JP): Surakarta will host the first leg of the national and international Gudang Garam Supercross Indonesia 2001 on Feb. 17 and Feb. 18. "Supercross is a completely different event compared to motocross or grass track. It is more interesting and challenging," the chairman of the organizing committee, Helmy Sungkar, said on Thursday. The first leg will feature Australian athletes Paul H.
Fri, 16 Feb 2001, 00:00 WIB
Comic trio brings fun to Jakarta
Comic trio brings fun to Jakarta JAKARTA (JP): The Chipolatas, a dynamic trio with a pledge to bring music, juggling and acrobatic madness to everyone, are coming to Jakarta and Surabaya. The trio of Sam Thomas, Jasper King and Tristan Glover specialize in the thrill of circus stunts, which are staged in a street-show style. The trio will perform at Kafe Tenda Semanggi street cafes in the central business district, Central Jakarta, at 8 p.m. on Saturday.
Fri, 16 Feb 2001, 00:00 WIB
Hanson's views a threat to Aussie-RI ties
Hanson's views a threat to Aussie-RI ties JAKARTA (JP): Visiting Australian trade minister Mark Vaile on Thursday maintained that Canberra does not endorse the statements of Australian far-right politician Pauline Hanson, warning that her remarks could damage bilateral relations. "We (the Australian government) will continue to oppose those policies as we have done in the past," Vaile told journalists after meeting with President Abdurrahman "Gus Dur" Wahid.
Fri, 16 Feb 2001, 00:00 WIB
The 'jilbab' a personal choice for Muslim women
The 'jilbab' a personal choice for Muslim women JAKARTA (JP): It's not a case of everybody's doing it, and some Muslim women who make the intensely personal decision to wear the jilbab (head scarf) must deal with negative reactions from those around them, including members of their family. Several woman who have made Muslim fashion part of their daily lives tell their stories. Tika, 40, a married private company employee. The mother of two began wearing Muslim attire several months ago.
Fri, 16 Feb 2001, 00:00 WIB
Antigraft commission
Antigraft commission From Republika We would hereby like to publicly announced that recently some irresponsible people claiming to be members of the Antigraft Commission in Jakarta or other regions in Indonesia have written decisions and others kinds of letters. This commission has not yet been established. What has been established is the Team for the Preparation for the Establishment of the Commission on the Eradication of Criminal Acts of Corruption.
Fri, 16 Feb 2001, 00:00 WIB
Asian currencies mostly higher, rupiah steady
Asian currencies mostly higher, rupiah steady SINGAPORE (Dow Jones): The Japanese yen's vigor buoyed most Asian currencies late Thursday, dealers said. The yen provided some relief for the won, the New Taiwan dollar, and to a lesser extent, the Singapore dollar, although the impact was relatively modest, given that the Japanese currency was wedged within familiar ranges, currency watchers said. The South Korean won, the New Taiwan dollar, the Singapore dollar and the Philippine peso were firmer.
Fri, 16 Feb 2001, 00:00 WIB
SE Asian gas pipeline plan to be studied
SE Asian gas pipeline plan to be studied SINGAPORE (AP): A plan to create a massive gas pipeline network across Southeast Asia is ready to be studied by officials in the region, a report said Thursday. The plan, drafted by a task force from the Association of Southeast Asian Nations, or ASEAN, will be sent for consideration to all 10 members of the grouping, Singapore's government Teletext news service reported Thursday. A copy of the draft wasn't immediately available.
Fri, 16 Feb 2001, 00:00 WIB
Stranded tourists saved by mobile text message
Stranded tourists saved by mobile text message JAKARTA (JP): Twelve foreign tourists and six cabin crew stranded on a yacht named the Ombak Indah which was forced off course in Lombok waters, West Nusa Tenggara, were rescued on Thursday after one of the tourists sent a mobile telephone text message to her boyfriend in England.
Fri, 16 Feb 2001, 00:00 WIB
PPP firm on its stance on special session
PPP firm on its stance on special session BANDUNG (JP): United Development Party (PPP) chairman Hamzah Haz on Thursday remained unrelenting in his argument for a special session of the People's Consultative Assembly, saying that it would help reduce tension and conflict. "The sooner the better. Why? Because a special session would not necessarily topple Gus Dur," Hamzah said on the sidelines of a commemoration of PPP's 28th anniversary here.
Fri, 16 Feb 2001, 00:00 WIB
Govt warned not to lose control over oil and gas sector
Govt warned not to lose control over oil and gas sector JAKARTA (JP): All the major factions at the House of Representatives expressed their support for the recently submitted oil and gas bill, but they warned that the government mustn't loose control over the strategic oil and gas sector despite its liberalization. The Indonesian Democratic Party for Struggle (PDI-P) faction welcomed the reintroduction of the oil and gas bill, after a similar bill had been rejected in 1999.
Fri, 16 Feb 2001, 00:00 WIB
Taiwan, Jakarta markets shine
Taiwan, Jakarta markets shine SINGAPORE (Reuters): Most Asian markets were lackadaisical on Thursday, but a spurt in the U.S. Nasdaq index enthused technology stocks, driving Taiwan shares to end up nearly 3.5 percent. In Tokyo, the dollar stood at 116.32/42 yen at 0635 GMT against Wednesday's late U.S.
Fri, 16 Feb 2001, 00:00 WIB
Semen Padang beats PSPS
Semen Padang beats PSPS JAKARTA (JP): Semen Padang managed to end its victory drought by defeating PSPS Pekanbaru 3-1 at Agus Salim Stadium in Padang on Thursday. Host Semen Padang scored three goals by strikers Syafril M in the 15th minute, Husaini in the 40th minute and Purwanto in 78th minute. PSPS's sole goal was by Khairul Minan in the 18th minute. PSPS coach Parlin Siagian said that he was disappointed with the result and said he felt his players were under form. (28/yan)
Fri, 16 Feb 2001, 00:00 WIB
Bank Mandiri plans to raise US$600m via IPO
Bank Mandiri plans to raise US$600m via IPO JAKARTA (JP): Giant state Bank Mandiri plans to raise about US$600 million from its initial public offering (IPO) in October, according to the bank's president E.C.W. Neloe. Neloe said on Thursday that the bank would sell about 30 percent of its stake in the IPO and would use the proceeds to strengthen its working capital. "We plan to raise $600 million through the IPO ... the money will be used for working capital.
Fri, 16 Feb 2001, 00:00 WIB
Tugu Muda to host national c'ships
Tugu Muda to host national c'ships SEMARANG (JP): The Semarang-based Tugu Muda table tennis club will host the national championships in the middle of April. The club's secretary-general, Jayanto Arus Adi, said on Thursday the event was being staged to boost competitiveness among local clubs, which has suffered since the Benawi championships were dissolved. "Table tennis championships have mushroomed in the country, but we do not have any in Semarang.
Fri, 16 Feb 2001, 00:00 WIB
Rizal says IMF is too pushy
Rizal says IMF is too pushy JAKARTA (Agencies): Indonesia on Thursday complained that the leader of its bailout program, the IMF, was pressing it too hard, saying it was difficult to implement every reform while the country was going through its unruly transition to democracy.