Indonesian Political, Business & Finance News

Archive: 17 February 2001

68 articles found

Set limit on borrowing by regions: IMF

Set limit on borrowing by regions: IMF JAKARTA (Agencies): The IMF on Friday reported some progress in negotiations with Indonesia on key issues holding up fresh loans since late last year, but repeated calls for curbs on direct borrowing by newly empowered regions. International Monetary Fund Jakarta representative John Dodsworth said the IMF was still waiting for the government to respond on certain issues and pressed it to act on the politically sensitive issue of borrowing by the provinces.

Three suspects named in attack

Three suspects named in attack JAKARTA (JP): Police officially declared on Friday three suspects among the seven people arrested in connection with Wednesday's attack on the City Council building. City Police Detectives chief Sr. Comr. Hary Montolalu said the suspects, identified as S.O. Marpaung, Pariaman Siagian and Ronald Lumbantoruan, were placed at the City Police detention center.

Heavier sanctions sought for illegal fishing

Heavier sanctions sought for illegal fishing JAKARTA (JP): The Ministry of Maritime Affairs and Fisheries is working on a revision of the fisheries law that will emphasize stronger sanctions on illegal maritime activities, minister Sarwono Kusumaatmadja said on Friday. "We badly need strong legal action towards foreign vessels breaching Indonesian water and stealing fish and other resources from us," Sarwono remarked.

Palm oil market ends mixed

Palm oil market ends mixed KUALA LUMPUR (Reuters): Malaysia's palm oil futures were mixed by the close on Friday with technical covering helped prices rebound from recent losses. The new benchmark third-month May futures contract eased one ringgit to 709 ringgit ($186.57) a ton, just above the support level of 700 ringgit, after trading as low as 699. Volume was 2,626 lots.

Estrada offers to go quietly, with conditions

Estrada offers to go quietly, with conditions MANILA (Agencies): Ousted Philippine leader Joseph Estrada has offered to go quietly if the Supreme Court rules he is still president, his lawyer said on Friday. Lead counsel Rene Saguisag said Estrada had signed a petition submitted to the court in which he says he would consider giving up the presidency to his successor, Gloria Macapagal Arroyo, "so that the healing can begin".

W. Java dominates taekwondo c'ships by winning three golds

W. Java dominates taekwondo c'ships by winning three golds JAKARTA (JP): Defending champion West Java dominated the second day of the second LG Cup Taekwondo National Championships by grabbing three golds on Friday at the Bung Karno tennis indoor stadium, leaving the fourth to Central Sulawesi. West Java collected its first gold medal through Shanti fighting in women's over 72 kilogram weight category on Thursday and led Friday's medal tally with four golds and one silver.

Reasonable solution for regional conflicts

Reasonable solution for regional conflicts By Kwon Yule-jung SEOUL: The Philippines is still embroiled in internal disputes over the legitimacy of the succeeding president, Arroyo, after her predecessor, Estrada, was stripped of power due to corruption scandals. Indonesia has a similar problem with the incumbent president's alleged involvement in multimillion dollar corruption. Our country is no exception in corruption cases.

Imelda Marcos opens shoe shrine

Imelda Marcos opens shoe shrine MANILA (Reuters): Former First Lady Imelda Marcos, the world's most notorious shoe collector, opened a museum in the Philippines on Friday dedicated to footwear and boosting tourism. The Marikina City Footwear Museum in Manila includes hundreds of pairs of shoes, some collected from the presidential palace after Imelda and her late husband ex-President Ferdinand Marcos fled the country in disgrace in 1986.

Various events set for city birthday

Various events set for city birthday JAKARTA (JP): Governor Sutiyoso said on Friday Jakarta's 474th anniversary celebration should boost tourism in the capital. Sutiyoso said he had suggested to Deputy Governor for Government Affairs Abdul Kahfi, who chairs the event's organizing committee, to prepare various events in conjunction with the city's anniversary, which falls on June 22. "This year's celebration should have something different from last year's.

Renovation of HI traffic circle to finish this year

Renovation of HI traffic circle to finish this year JAKARTA (JP): Governor Sutiyoso plans to complete renovations to the Hotel Indonesia traffic circle on the busy Jl. M.H. Thamrin in Central Jakarta this year amid serious concerns expressed by various parties, including the sculptor who built the statue at the spot 28 years ago. Sutiyoso said the renovation, estimated to cost about Rp 7 billion (US$736,842), would involve private companies in cooperation with the City Parks Agency.

Sulawesi Energy, PLN reach deal on power plant

Sulawesi Energy, PLN reach deal on power plant JAKARTA (JP): State electricity company PT PLN and independent power producer (IPP) Sulawesi Energy Pty Ltd have reached a long- term agreement to reduce power tariffs at the Sengkang power plant in Sulawesi, the IPP's shareholder Energy Equity Corporation Ltd from Australia said on Friday. Energy Equity managing director Steward W.G. Elliot said that Sulawesi Energy agreed to a "significant" cut in its contracted power tariffs.

Courier group wants govt to scrap PT Post monopoly

Courier group wants govt to scrap PT Post monopoly JAKARTA (JP): The Indonesian Association of Courier Companies (Asperindo) urged the government on Friday to revoke PT Pos Indonesia's (Posindo) monopoly rights and give greater freedom to private courier companies. Asperindo chairman Rudy J.

Tutut named suspect in $306m corruption case

Tutut named suspect in $306m corruption case JAKARTA (JP): The Attorney General's Office named former president Soeharto's daughter Siti Hardiyanti "Tutut" Rukmana on Friday as a suspect in a corruption case over a US$306 million project involving state oil and gas company Pertamina. "Our investigation has led us to name her as a suspect in the case," Mulyohardjo, spokesman of the office, said.

Govt, GAM reach new security accord

Govt, GAM reach new security accord GENEVA (AP): Representatives of the Indonesian government and the Free Aceh Movement (GAM) separatist on Friday agreed to a new accord to reduce violence, a joint statement said. The statement, issued at the end of two days of talks, said "new security arrangements" replace a one-month moratorium that ended Thursday. The statement said the new security arrangements would continue indefinitely with periodic reviews.

Kartika continues c'ship domination

Kartika continues c'ship domination JAKARTA (JP): Defending champion Kartika Shooting Club has maintained its domination on the third day of the Inter-club National Championships at the Bung Karno Shooting Range in Senayan, Central Jakarta, despite a decline in productivity which saw them take only two golds home after grabbing six on Thursday. Kartika earned its first gold thanks to Maryono who scored 667.7 in the men's air pistol event on Friday.

Australian firms agree to invest A$550 million

Australian firms agree to invest A$550 million JAKARTA (JP): A group of Australian firms agreed on Friday to invest A$550 million (some Rp 2.7 trillion or US$287 million) here for the expansion of their businesses this year, marking the first tranche of a A$1.3 billion five-year investment plan for Indonesia. Indonesia and Australia signed a memorandum of understanding, covering eight agreements, that will help create some 20,000 new jobs in various sectors.

Memorandum to President unconstitutional: PKB

Memorandum to President unconstitutional: PKB JAKARTA (JP): The National Awakening Party (PKB) faction released on Friday a "white book" on their objections and the alleged fallacies of the House of Representatives special committee which investigated President Abdurrahman Wahid's involvement in two financial scandals.

Asian currencies mixed, rupiah slightly lower

Asian currencies mixed, rupiah slightly lower SINGAPORE (Dow Jones): The Japanese yen's overnight gains buoyed several Asian currencies late Friday, although market participants were largely noncommittal amid anxieties over what moves monetary authorities in Thailand and Singapore would make, dealers said. The Singapore dollar, the South Korean won and the New Taiwan dollar were stronger, while the Thai baht, the Indonesian rupiah and the Philippine peso were slightly weaker.

Business confidence continues to fall

Business confidence continues to fall JAKARTA (JP): The confidence of corporate executives about the prospects for their businesses continued falling in December as uncertainty in the country's political front persisted, according to a survey issued by Danareksa Research Institute on Friday. The research agency said that chief executive officers (CEOs) in the survey are less optimistic about the current performance and prospects of their companies in the next six months.

Gusmao visits Singapore PM

Gusmao visits Singapore PM SINGAPORE (AFP): East Timor leader Xanana Gusmao met with Singapore Prime Minister Goh Chok Tong on Friday for talks on the progress of rebuilding the new country from the ashes left by pro-Indonesia militia groups two years ago. The meeting at the Istana state complex was held before Gusmao was to check in at an undisclosed hospital here for medical treatment. He has been known to suffer from back pains.

Return to Old Order politics?

Return to Old Order politics? From Media Indonesia History repeats itself. This is also true of the political history of our nation. We abandoned the Old Order because each cabinet lasted so briefly that the leader became the only leader the entire nation could rely on. All political parties were vying with one another around the charismatic leader, one that was near perfection. Political parties, by hook or by crook, tried to curry favor with the leader.

Arief calls for political moratorium up to 2004

Arief calls for political moratorium up to 2004 Political dispute among Indonesia's leaders have reached new heights. Sociologist Arief Budiman, a professor at Melbourne University, thinks the elite and President Abdurrahman 'Gus Dur' Wahid should display statesmanship for the sake of the people. Question: What do you think about the continued bickering among the political elite? Answer: What is needed is statesmanship from the political elite such as Megawati Soekarnoputri and Akbar Tandjung.

Bulog chief 'chosen with mission to create profit'

Bulog chief 'chosen with mission to create profit' JAKARTA (JP): Coordinating Minister for the Economy Rizal Ramli said on Friday that a new chief for the strategic National Logistics Agency (Bulog) had been chosen, and would be installed by Vice President Megawati Sukarnoputri in the near future. Rizal declined to disclose the name, saying that the government was still looking for the "proper time" for the official inauguration. "We already have (selected) the person.

Membership cards launched to help former athletes

Membership cards launched to help former athletes JAKARTA (JP): In an effort to improve former athletes' lives, the Prestasi Anak Bangsa Foundation through its business unit PT WAOW Bina Prestasi will launch WAOW membership cards on Saturday evening at the Mulia Hotel in Senayan, Central Jakarta. The company's president Sutisnawan expressed hope of admitting some 350 members at the launching ceremony.

S'pore Telecom eyes Optus

S'pore Telecom eyes Optus SINGAPORE (AFP): Singapore Telecommunications Ltd. (SingTel) has confirmed that it is bidding for Australia's Cable and Wireless Optus Ltd. The company said in a statement late Thursday it "has submitted a non-binding indicative expression of interest for the acquisition of shares" in Australia's second largest telecoms company. The move confirms speculation in Australia that the Singapore carrier would enter the bidding for Optus. Telecom Corp.

Beware of bogus president director

Beware of bogus president director From Media Indonesia The community must beware of the scams that have been committed recently. A number of branches of Berdikari Insurance recently had this experience on Jan. 29 and Feb. 6. Our Denpasar branch office received a telephone call from someone claiming to be the president director from the head office, saying that an impromptu inspection would be conducted, along with some officials of the finance ministry.

Gus Dur barred from visiting Gajah Mada campus

Gus Dur barred from visiting Gajah Mada campus YOGYAKARTA (JP): After eulogizing about the long road to democracy which Indonesia must travel, President Abdurrahman Wahid found out later on Friday that not all roads are open to him after students blocked streets preventing his visit to the Gadjah Mada University (UGM) campus.

Decree on transgenic products deplored

Decree on transgenic products deplored JAKARTA (JP): State Minister for Environment Sonny Keraf lamented at Ministry of Agriculture Decree No. 107/2001 which allows limited sales of transgenic crops in Sulawesi. The decree, which was issued on Feb. 6, allows limited release of transgenic cotton Bt DP 5690B in Sulawesi, as quality crop varieties under the name of Nucotn 35 B or Bolgard. "My office actually opposes the decree because we think that we have to stick to a precautionary principle.

GAM threatens to create trouble in Jakarta

GAM threatens to create trouble in Jakarta BANDA ACEH, Aceh (JP): Resolute rebel group Free Aceh Movement (GAM) has threatened to create trouble nationwide if the joint police and military operation to restore order in the province continues. Aceh-based GAM commander Abdullah Syafiie said in a statement issued on Thursday that his troops would fight to defend themselves from the security operation to be conducted by some 2,000 troops.

Bali, center of turtle trade

Bali, center of turtle trade DENPASAR, Bali: Environmental organization Fauna Conservation for Life (KSBK) claimed that Bali is the biggest site of turtle trading in the country. In the period between May through to August 1999, it reported, some 9,400 of the protected animals had been traded. According to Putu Lisa Kusuma Mustika, a reptile expert from the Indonesian World Wildlife Fund (WWF), tortoises have long been killed in several areas of Indonesia, with the highest number in Bali.

Cultures come together in Cirebon ceramics

Cultures come together in Cirebon ceramics Cirebon ceramics, examples of which are currently on display at Bentara Budaya Jakarta in Central Jakarta, are most often associated with Sitiwinangun village in Klangenan subdistrict. The pottery, like other folk art forms from the area, attests to the unique cultural syncretism of the region. Bentara Budaya curator Ipong Purnama Sidhi examines the tradition, and the thoroughly modern boost the art has received in recent years.

Electricity company's plight

Electricity company's plight However one analyzes its financial condition, state electricity company PLN is without a doubt broke. With current assets of only Rp 9.7 trillion (US$1.02 billion) as of September (latest data available) and Rp 77.3 trillion in debts, of which Rp 47.3 trillion were short-term liabilities, including Rp 21.5 trillion maturing last month, the state utility company is technically bankrupt.

Suspect in JSX bombing escapes from Cipinang

Suspect in JSX bombing escapes from Cipinang JAKARTA (JP): A suspect in the bomb attack on Jakarta Stock Exchange (JSX) building last September escaped from Cipinang Penitentiary in East Jakarta on Friday morning. City police chief of detectives Sr. Comr. Hary Montolalu said the bombing suspect, identified as Ibrahim Abdul Manap, fled along with a narcotics convict, identified as Ibrahim Ali, at 5 a.m.

'Garuda' lands in Colombo

'Garuda' lands in Colombo COLOMBO (Agencies): An Indonesian Airbus A-330 carrying haj pilgrims on their way to Saudi Arabia made an emergency landing after reporting engine trouble. Garuda Indonesia flight GA6315, was believed to be carrying some 310 people on the annual Muslim pilgrimage to Mecca, landed safely at Bandaranaike International Airport late Thursday after the pilots shut down an engine, AFP quoted officials here as saying.

Students attack Golkar office in C. Jakarta

Students attack Golkar office in C. Jakarta JAKARTA (JP): Some 500 students from various groups attacked Golkar Party's city chapter office on Jl. Cikini, Central Jakarta on Friday evening, throwing at least five molotov cocktails at the office. Dozens of police officers dispersed the crowd by firing tear gas, beating and arresting seven students. The students, who are still unidentified, were taken to the nearby Menteng Police subprecinct.

Govt defends DRB-Hi Com role in JORR project

Govt defends DRB-Hi Com role in JORR project JAKARTA (JP): The government brushed aside on Thursday critics who doubted the competence of Malaysian investor DRB-Hi Com in the long-awaited Jakarta Outer Ring Road (JORR) project. Minister of Settlement and Regional Infrastructure Erna Witoelar said the Malaysian company had sufficient equity to support the toll road project, which is expected to cost DRB-Hi Com and its Indonesian partner PT Jasa Marga Rp 5 trillion (US$526.3 million).

PKB must not be like Golkar

PKB must not be like Golkar From Bisnis Indonesia The 1999 general election was the first one I ever participated in. I was, back then, a golput, which means people who do not vote for any political party. But had my own view, namely that Functional Group (Golkar) should continue to exist. I do not think those who dislike the Functional Group (Golkar) should rely on their muscle let alone or commit destructive acts like setting Golkar's offices and buildings on fire and the like.

Campaign launched for the elimination of child labor

Campaign launched for the elimination of child labor JAKARTA (JP): The Ministry of National Education and the International Labor Organization (ILO) on Friday launched a national campaign for the elimination of child labor, which aims to equip the country's 19.2 million school-age children with improved basic education. The program -- also supported by UNESCO, UNDP and Unicef -- is aimed at providing working children with adequate basic education through alternative programs.

IFC's Peter Woicke urges govt to fix legal system

IFC's Peter Woicke urges govt to fix legal system JAKARTA (JP): Visiting executive vice president of the International Finance Corporation (IFC) Peter Woicke called on the government on Friday to continue to fix the country's legal system to help revive investor confidence in the economy. But Woicke added that the IFC would continue to provide financing for local companies despite its "frustration and disappointment" over certain bankruptcy court rulings.

President praises Wanagama program

President praises Wanagama program GUNUNG KIDUL, Yogyakarta: President Abdurrahman Wahid hailed on Friday Gadjah Mada University's role in forest conservation efforts through its Wanagama "forest laboratory" in Gunung Kidul regency. The President also stated his appreciation to Oemi Hani'in Suseno who founded the 600-hectare forest.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Iranian Arts, National Museum, Jl. Medan Merdeka Barat 12, Central Jakarta, until Feb. 22. Contact 331378 for more information. * 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.

Cost of basic goods up significantly

Cost of basic goods up significantly JAKARTA (JP): The cost of basic commodities in the capital has risen significantly over the past fortnight, a consequence of delivery problems following recent floods and mass protests in several provinces. Head of city-owned PD Pasar Jaya Syahril Tanjung said on Friday that the price of basic goods had been increasing incrementally, with tomatoes incurring the highest rise at 86 percent.

Hendri to give his version

Hendri to give his version JAKARTA (JP): National junior tennis player Hendri Susilo Pramono has expressed the hope that the Indonesian Tennis Association (Pelti) will listen to both sides before arriving at any decisions, particularly regarding sensitive issues that could affect a player's future. He complained of being cornered by the assumptions of some Pelti officials and by media reports saying that he had withdrawn from the country's Davis Cup team.

Home Movies

Home Movies JAKARTA (JP): While the actor Leonardo DiCaprio is a household name for many people -- especially the younger generation -- in Indonesia, filmmaker Agnieszka Holland seems barely known. On the other hand, while Leo is not particularly adored among art-house film enthusiasts, Holland is enjoying a growing reputation for the sensitive handling of her subjects, especially those involving young people.

Bayer to invest $2.1b in Asia

Bayer to invest $2.1b in Asia BERLIN (Dow Jones): German chemical company Bayer will invest around DEM4 billion (US$2.1 billion) in Asia through 2010, Axel Foellmer, director of Bayer's operations in Thailand told the Frankfurter Allgemeine Zeitung in an interview. Bayer's heaviest investment plan in Asia is to Thailand, he said, which will get DEM1.5 billion alone by 2004, it said. In addition, he said the company is currently restructuring its Asia operations, with Singapore as the hub.

Correction

Correction Photo A: Soemantri SRI SOEMANTRI Correction: The picture which appeared in the Discourse column on the front page of Friday's edition is, in fact, that of former information minister Mashuri, not constitutional law expert Sri Soemantri as stated. We apologize for the error and regret any inconvenience it may have caused. -Editor

Trial opens of militiamen accused of killing nuns

Trial opens of militiamen accused of killing nuns DILI, East Timor (AP): The trial of ten pro-Indonesian militiamen charged with the murder of church workers and a journalist in September 1999 opened in the Dili district court on Friday. The trial is the second case of crimes against humanity to be heard in East Timor. A militiaman was sentenced to 12 years imprisonment last month after pleading guilty for murder.

Kopassus impostor busted in hotel raid

Kopassus impostor busted in hotel raid JAKARTA (JP): A man posing as a member of the Army's special force (Kopassus) was arrested in a hotel room for illegal possession of two guns, a grenade and dozens of bullets, an officer said on Friday. City Police Detectives Chief Sr. Comr. Hary Montolalu said the man, identified as Boyke Praman Jaya Runturambi, was arrested at 11 p.m. on Monday in a room on the 31st floor of a five-star hotel on Jl. Jend.

Golden Glove delayed for third time

Golden Glove delayed for third time JAKARTA (JP): The Indonesian Amateur Boxing Association (Pertina) Central Java chapter, which is also coordinating the Golden Glove (STE) 2000, decided to delay the event until April, instead of holding it in March as previously scheduled, due to venue unavailability. The chapter's secretary Sujatmiko told Antara from Semarang that the venue would be used for another event even though the chapter had made an earlier reservation.

Strengthening Australian-Indonesian business ties

Strengthening Australian-Indonesian business ties The following is the second 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: One reason why our exports to Indonesia did not fall further during the economic crisis was the fact that Indonesia's own export sector was still doing quite well.

PKB sets sights on Golkar scandal probe

PKB sets sights on Golkar scandal probe JAKARTA (JP): The country could see another round of political probes into financial scandals if the National Awakening Party (PKB) has its way by setting up a special committee to investigate financial improprieties involving the Golkar Party.

Gorontalo inaugurated as the country's 32nd province

Gorontalo inaugurated as the country's 32nd province JAKARTA (JP): Minister of Home Affairs and Regional Autonomy Surjadi Soedirdja installed Tursandi Alwi on Friday as acting Governor of Gorontalo and inaugurated the region as the country's 32nd province. "I expect Pak Tursandi to immediately establish the organizational structure for the province within the next six months.

Sutiyoso vows tough action on Ancol scam

Sutiyoso vows tough action on Ancol scam JAKARTA (JP): Governor Sutiyoso renewed his pledge on Friday that city officials connected to irregularities in three overseas trips sponsored by PT Pembangunan Jaya Ancol (PJA) would receive fair and just treatment. His statement came following the start of a formal investigation by the Jakarta Prosecutor's Office into the alleged scam.

Guthrie Bhd. seeks IBRA clarification

Guthrie Bhd. seeks IBRA clarification KUALA LUMPUR (Dow Jones): Malaysian plantation company Kumpulan Guthrie Bhd. on Friday said it will request the Indonesian Bank Restructuring Agency, or IBRA, to clarify a statement that Indonesia may cancel a planned sale of plantations to the company.

SIA's Indonesian routes

SIA's Indonesian routes We would like to thank you for the article SIA expects lower traffic on Indonesian route on page 12 of The Jakarta Post on Feb. 13, 2001. Allow me to make a few comments to balance the points made in the article. Contrary to the title of the article, Singapore Airlines (SIA) is confident about its Indonesian routes. The size of our operations bears clear testimony to this. If we did not have confidence, we would not be operating more than 120 flights a week to Indonesia.

BCA extends credit to farmers

BCA extends credit to farmers JAKARTA (JP): State-owned Bank Central Asia (BCA) will extend Rp 2 billion (U$210,500) in subsidized credits to farmers in West Java. The bank said on Friday that the credits are part of the Rp 100 billion in farming loans to be provided by the bank this year and that the credit would be disbursed in cooperation with state- owned PT Dharma Niaga.

Illegal cafes closed by force

Illegal cafes closed by force BOGOR (JP): Public order officers here closed down on Thursday two cafes for not holding an operational permit. The two cafes were Cafe Koral, located on Jl. A. Yani, and cafe Bola Mania 222 at the basement of Jambu Dua shopping mall in the downtown area well known for routinely featuring dangdut music performances. A group of employees of Cafe Koral resisted the closure by showing the license to hold public entertainment.

Environmental destruction

Environmental destruction From Republika I was alarmed to hear reports of trees being felled in Situbondo, East Java. It will take many years for new trees to grow as big as those that were cut down. I cannot understand why this tree-felling happened in an area where there are lots of ulemas, santri (devoted Muslims), and students at traditional Muslim schools. They should know better than to destroy the environment, an act which may incense Allah.

PSSI to appoint national team coach next week

PSSI to appoint national team coach next week JAKARTA (JP): The Soccer Association of Indonesia (PSSI) will appoint the national team's coach and officials for the 2002 World Cup prequalifying round and the Kuala Lumpur Southeast Asian (SEA) Games next week. PSSI chairman Agum Gumelar said on Friday that the coach would select his team members based on a review by the association's group of talent scouts.

Stock quotations on JSX

Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on Feb.16, 2001: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 1,825 -50 183,000 Adindo Foresta Indonesia 120 -5 267,000 Alakasa Industrindo 190 0 5,000 Alfa Retailindo 975 0 60,000 Alter Abadi 110 0 0 Alumindo Light Metal 750 0 0 Andhi Chandra 1,525 0 0 Aneka Kimia Raya 205 15 15,000 Aneka Tambang (Persero) 950 0 832,000 Anwar Sierad 300 0 0 APAC...

Rupiah Rates Feb.16

Rupiah Rates Feb.16 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

Maluku's SGI seizes hundreds of weapons during raid in Ambon

Maluku's SGI seizes hundreds of weapons during raid in Ambon AMBON, Maluku (JP): The Military Joint-Intelligence Task Force (SGI) stationed in Ambon seized on Friday hundreds of weaponry during an afternoon raid at a house in Tanah Lapang Kecil area, Nusaniwe district, Ambon. The house, belonging to a man named Hasan, was raided by the SGI force at about 12:30 p.m. local time, Pattimura Military chief of staff Col. Syarifuddin Sumah said later on Friday.

Showbiz and politics make heady mix in RP

Showbiz and politics make heady mix in RP By Malou Mangahas MANILA (Reuters): Movies and TV networks have become a breeding ground for politicians in the Philippines but critics say that mixing show business and politics could leave voters star-struck when election time comes around. Joseph Estrada, former movie idol and ousted president, has lost his lustre but more stars than ever will be jostling for votes and public office in congressional and local elections on May 14.

Trekker's body missing on Mt. Slamet

Trekker's body missing on Mt. Slamet PURWOKERTO, Central Java: Rescue workers continued efforts to evacuate the bodies of four trekkers from Gadjah Mada University's nature lovers club from Mount Slamet on Friday.

Hotel and textile sectors fear hike in fuel prices

Hotel and textile sectors fear hike in fuel prices JAKARTA (JP): The hotel and textile industries, two sectors on the front line of Indonesia's export thrust, will be severely hurt by the government's plan to increase domestic fuel prices by up to 20 percent in April, executives from the two industries told The Jakarta Post on Friday.

Preliminary talks on Muslim unity go ahead

Preliminary talks on Muslim unity go ahead KUALA LUMPUR (Agencies): Preliminary talks between Prime Minister Mahathir Mohamad's party and a powerful opposition group went ahead on Friday after earlier being called off by officials on the government side.

The Corrs forced to cancel Indonesian tour

The Corrs forced to cancel Indonesian tour JAKARTA (JP): Irish pop group The Corrs canceled their promo concert here, which was initially planned to be held at the Jakarta Convention Center on Feb. 27, citing an illness suffered by one of its group. Concert promoter Adrie Subono from Java Musikindo told journalists on Thursday that The Corrs' vocalist Andrea has an ear infection.

PDI Perjuangan to proceed with House memorandum

PDI Perjuangan to proceed with House memorandum JAKARTA (JP): The Indonesian Democratic Party of Struggle (PDI Perjuangan) on Friday renewed its commitment to proceed with the memorandum and shunned efforts to pursue a special session of the People's Consultative Assembly (MPR) for President Abdurrahman Wahid. Chairman of the PDI Perjuangan faction at the House of Representatives (DPR) Arifin Panigoro said holding the Assembly's special session was not feasible.