Indonesian Political, Business & Finance News

Archive: 22 February 2001

63 articles found

Eight die in latest clashes in Sampit

Eight die in latest clashes in Sampit JAKARTA (JP): A new bout of ethnic violence erupted on Wednesday in East Kotawaringin regency, Central Kalimantan, with reports that another eight people have been killed.

A team of RSCM doctors to treat Soeharto

A team of RSCM doctors to treat Soeharto JAKARTA (JP): State prosecutors appointed on Wednesday doctors of the state-run Cipto Mangunkusumo Hospital (RSCM) in Central Jakarta to undertake the medical treatment of former president Soeharto, a defendant in a US$571 million corruption case.

Situation in Sampang heats up over regent

Situation in Sampang heats up over regent SURABAYA (JP): The situation in Sampang regency, Madura Island, has become increasingly tense as opposing forces of elected regent Fadhilah Budiono on Wednesday look set for a showdown. Supporters of United Development Party (PPP) councillor Fadhilah have occupied the Sampang regent office for the past three days.

Malaysian hotels raises rates

Malaysian hotels raises rates KUALA LUMPUR (DPA): Four and five star hotels in Malaysia are expected to raise their room rates by 20 percent from April because of rising labor and food costs, a news report said on Wednesday. The Malaysian Association of Hotels, an umbrella body of hotel owners and operators, said it would be the first big increase of room rates since the 1997 Asian economic crisis.

Factions propose stable coalition of parties

Factions propose stable coalition of parties BANDUNG (JP): Five major factions at the House of Representatives (DPR) have proposed the establishment of a permanent coalition between political parties to support the government in a bid to avoid further political turmoil in the country. "A permanent coalition is an idea being discussed among chairpersons of House factions.

Graft worth $27.3m suspected at Tugu

Graft worth $27.3m suspected at Tugu JAKARTA (JP): The Supreme Audit Agency (BPK) has found irregularities involving over Rp 260 billion (about US$27.36 million) in insurance firm PT Tugu Pratama Indonesia, which is owned by state oil and gas company Pertamina.

Bali in danger of losing its well-known Kuta beach

Bali in danger of losing its well-known Kuta beach By I Wayan Juniarta DENPASAR, Bali (JP): A combination of strong winds, powerful currents and heavy waves have inflicted severe damage on Bali's most famous beach Kuta, and returned the issue of beach conservation back to the local newspapers' front pages after laying dormant for several years. A huge portion of the white sandy beach of Kuta has been eaten up by the strong currents.

A flower blooms on canvas with young artist Ira

A flower blooms on canvas with young artist Ira By Mehru Jaffer JAKARTA (JP): It is the turn of Ira Hartini Natapraja to paint the town red, for the 22-year-old has much to celebrate. She is the newest recruit to join the army of artists painting here with the opening of Metamorphosis of a Hibiscus, her maiden exhibition, at the Regent Hotel in South Jakarta.

Privatization of PT Pupuk Kaltim

Privatization of PT Pupuk Kaltim The Director General of State Owned Enterprises (SOEs) stated that, to support the privatization of PT Pupuk Kaltim, in the near future the government would divest this company from PT Pusri. He also said, the privatization of 16 SOEs this year would be conducted through initial public offerings (IPO). According to the plan, the IPO of PT Pupuk Kaltim is expected to raise funds of Rp 1.8 trillion, most of which would be transferred to the State Budget for 2001.

Shuttlers to help Banten flood victims

Shuttlers to help Banten flood victims JAKARTA (JP): World-class national shuttlers hope to raise as much as they can in a charity match and memorabilia auction titled Atlet Peduli (Athletes Care) at the Siliwangi stadium in Bandung on Saturday.

Sweeping anthrax inoculate planned

Sweeping anthrax inoculate planned JAKARTA (JP): The West Java administration will distribute 130,000 free vaccines to livestock owners in Hambalang subdistrict, Citeureup district in Bogor, where an outbreak of anthrax has been detected. The head of the West Java animal health office, Musny Suatmodjo, told Antara on Wednesday the directorate general of husbandry had ordered 60,000 vaccines from a factory in Surabaya, the capital of East Java, to supplement the office's stock of 70,000 vaccines.

Housemaid kills 5-month-old baby

Housemaid kills 5-month-old baby JAKARTA (JP): Police arrested a male housemaid on Wednesday for allegedly torturing a five-month-old baby girl to death in his employer's house on Jl. Sunter in North Jakarta. A North Jakarta Police officer said the maid, identified as Yulianto, 19, repeatedly pinched the stomach of the baby, identified as Tan Serly, in a desperate attempt to make her stop crying. "The suspect seemed upset and lost his patience when the baby kept crying," the police said.

Where to go in Bali:

Where to go in Bali: Exhibition * Painting Song of Peace, by seven painters from Malang, Surabaya, Kalimantan, Pranoto's Art Gallery, Main road, Kutuh, Ubud (Phone: 0361 970827), until Feb. 24. Museums and Galleries * Blue Moon Gallery, Jl. Tirta Tawar, Banjar Kutuh Kaja, Ubud (Phone: 0361 976727), daily, 11 a.m. to 5 p.m. * Museum Puri Lukisan, Jl. Raya Ubud, Gianyar (Phone: 0361 975136), daily, 8 a.m. to 4 p.m. * Museum of Bali, Jl.

Trial of deputy governor begins

Trial of deputy governor begins MAKASSAR, South Sulawesi: Makassar District Court commenced on Wednesday the trial of deputy South Sulawesi governor Masnawi on corruption charges. Prosecutor Daud Kinu accused Masnawi of having violated Article 1 of the anti-corruption Law No. 3/1971 on enriching oneself at state expense. The Article carries a maximum punishment of life sentence.

Most Asian currencies weaken due to softer yen's pressure

Most Asian currencies weaken due to softer yen's pressure SINGAPORE (Dow Jones): Asian currencies weakened across the board Wednesday, pressured by a softer yen, falling stock markets and a host of local factors. The Indonesian rupiah was lower late Wednesday, pressured by concerns about the release of International Monetary Fund loans, but losses were modest as state banks came to its defense, dealers said. Around 0840 GMT (3:40 a.m.

Rupiah Rates Feb.21

Rupiah Rates Feb.21 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

Angkasa Pura wants Jakarta airport royalties

Angkasa Pura wants Jakarta airport royalties JAKARTA (JP): PT Angkasa Pura II, the state-owned airport operator, has asked that it continue to receive royalties from Soekarno-Hatta International Airport after it is privatized. The company made the request because it says it needs the funds to help pay for the operation of the other nine airports under its management.

Volleyball club, school opened

Volleyball club, school opened SEMARANG (JP): The Central Java chapter of the Indonesian Volleyball Federation (PBVSI) and the Jatidiri Stadium management board will open an indoor and beach volleyball club and school here. "We have netted some players for the club. But new players can also join the club. We will also open the school for young volleyball players," said Sugondo, head of the Jatidiri volleyball club. He said the school would teach the youths the basic skills of volleyball.

Welcome IMF surveillance, panel tells Indonesia

Welcome IMF surveillance, panel tells Indonesia The following is the text of the letter dated Feb. 19 from the foreign economic advisors appointed by President Abdurrahman Wahid. The advisors, who arrived here last week, are Singapore Senior Minister Lee Kuan Yew, former U.S. Federal Reserve chairman Paul A. Volcker, former Japan envoy to Washington Nobuo Matsunaga and treasurer to Germany's opposition Christian Democrats Ulrich Cartellieri.

Megawati expresses optimism for Indonesia's future

Megawati expresses optimism for Indonesia's future SINGAPORE (JP): Vice President Megawati Soekarnoputri expressed optimism on Wednesday that Indonesia would overcome its economic and political crises and enjoy a better and more certain future. Addressing some 150 participants of a forum of international business executives during her two-day working visit to Singapore, Megawati said Indonesians had a strong fighting spirit and would survive the most difficult situations.

Makassar to be ready to host big matches

Makassar to be ready to host big matches MAKASSAR, South Sulawesi (JP): The organizing committee chairman of the Asian Club Championships eastern quarterfinals, Ilham Arief Siradjuddin, was optimistic that the renovation of the Mattoangin stadium would be completed before the matches start. Ilham said on Wednesday that 65 percent of the facilities had been renovated except for the grass pitch and the lighting system.

The importance of wisdom for RI future leaders

The importance of wisdom for RI future leaders By Mochtar Buchori JAKARTA (JP): For quite some time we have been complaining about leaders perceived as injudicious. Many see today's current multiple crises as the result of the leadership of people unable to foresee the impact of their words, deeds and decisions. Since 1959 our political leaders gradually lost their wisdom until the end of their political careers.

KL palm oil rises on data

KL palm oil rises on data KUALA LUMPUR (Reuters): Declines in stocks and output for February prompted short covering in Malaysia's palm oil futures at the close on Wednesday but some traders expected gains to be shortlived. Benchmark third-month May rose 22 ringgit to 753 ringgit ($198.16) a tonne. Volume was 2,066 lots. February (south) crude palm oil was offered at 710 ringgit a ton against bids of 705 ringgit, and trade was done at 700 to 710.

A framework for East Timor's economic planning

A framework for East Timor's economic planning The following is the second of two articles on East Timor's economic planning by C.G. Moghe (cmoghe@indosat.net.id), who has worked in financial services in various countries for the last 30 years. JAKARTA (JP): The only "leisure center" in Southeast Asia, which can be considered competitive to Macau, is Genting Heights in Malaysia.

Guthrie won't renegotiate deal on RI plantations

Guthrie won't renegotiate deal on RI plantations KUALA LUMPUR (Reuters): Malaysia's Kumpulan Guthrie Bhd said on Wednesday it would not renegotiate a deal to buy palm oil estates from the Indonesian Bank Restructuring Agency (IBRA) which has not been closed for unspecified reasons. The plantations group plans to buy 24 Indonesian plantations once held by the Salim Group for 3.6 trillion rupiah (US$381 million).

Water supply disrupted

Water supply disrupted JAKARTA (JP): Tap water in some parts of South Jakarta will be disrupted until Thursday as a result of repair work on the pipeline connecting Pasar Minggu and Pancoran, the PAM Lyonnaise (PALYA) tap water company announced on Wednesday. Spokesperson for the company Maria Sidabutar said in a media release the newly-installed pipes need flushing, a work that will take the firm an estimated two days to complete.

A journey in search of Balinese cuisine

A journey in search of Balinese cuisine By Risa Permana Deli DENPASAR, Bali (JP): The cultural activities that the Balinese are generally engaged in, whether or not in relation to efforts to lure tourists, seem to neglect the most essential human activity: eating. Thousands of photographs about Bali describe its offerings but rarely its cuisine. There has never been a morsel of explanation that behind Bali's amazingly charming cultural wealth, the island has a long culinary tradition.

Councillors will get brand new sedans

Councillors will get brand new sedans JAKARTA (JP): All members of the City Council will soon drive a new car as the city administration finally gave the green light on Wednesday for the request to buy the vehicles. The administration will purchase 55 Hyundai Accent GLS sedans for councillors who have not yet got an official car, Assistant to the City Secretary for Administration Affairs Makmun Amin said. Currently 30 of the total of 83 councillors, already have official cars.

Indofarma to float shares on stock market in April

Indofarma to float shares on stock market in April JAKARTA (JP): State-owned pharmaceutical company PT Indofarma will become the first state company to go public this year, when Indofarma floats its shares on the Jakarta Stock Exchange (JSX) and the Surabaya Stock Exchange (SSX) in April. Indofarma president Gunawan Pranoto said that Indofarma planned to sell up to 1.462 billion shares during the initial public offering (IPO) to be held next month.

House yet to name new chief justice candidates

House yet to name new chief justice candidates JAKARTA (JP): The House of Representatives (DPR) has yet to name new candidates for the post of chief justice of the Supreme Court even though Muladi, one of the current candidates, has indicated his intention of withdrawing his candidacy, House Speaker Akbar Tandjung said on Wednesday. Akbar said Muladi had yet to formally notify the House in writing.

Factions oppose no confidence vote

Factions oppose no confidence vote MANADO, North Sulawesi: Three factions at the provincial council have rejected the proposal of the Indonesian Democratic Party of Struggle (PDI Perjuangan) faction to go ahead with the vote of no confidence against council speaker Syahrial Damopolii, following his statement on freeing North Sulawesi.

Government to proceed with asset-backed bond issue plan

Government to proceed with asset-backed bond issue plan JAKARTA (JP): Director general of financial institutions Darmin Nasution said on Wednesday that the government would proceed with its plan to issue bonds backed by the sale of natural gas to Singapore. But Darmin said that the government would discuss the plan with the World Bank to ensure that it would not contravene the terms of the Bank's loan agreement. "We'll proceed (with the bond plan).

Gulf Canada reports profit

Gulf Canada reports profit CALGARY, Alberta (Reuters): Gulf Canada Resources Ltd., the country's sixth-largest oil and gas producer, said on Tuesday it climbed into the black in the fourth quarter thanks to high commodity prices and more production after its takeover of rival Crestar Energy.

PSSI to issue notes to finance leagues

PSSI to issue notes to finance leagues JAKARTA (JP): The Soccer Association of Indonesia (PSSI) will kick off a new method of fund-raising by issuing notes worth a total of Rp 1.5 trillion (US$158 million), the association's treasurer Irawadi D. Hanafi announced Wednesday. Irawadi said the two-year notes would not carry interest but he gave assurances that investors would gain non-material benefits from the notes.

Garbage becoming a major problem for Mount Gede park

Garbage becoming a major problem for Mount Gede park JAKARTA (JP): Next time you pass through the Mount Gede Pangrango National Park please heed the "do not litter signs", as garbage is becoming a serious problem which has contaminated rivers passing through the 15,196 hectare park. The park, about a three-hour drive from Jakarta, is being overwhelmed by garbage.

Four soccer teams into semifinals

Four soccer teams into semifinals JAKARTA (JP): Four women's soccer teams -- Buana Putri, the State University of Jakarta (UNJ), Putri Belitung and Putri Priangan -- went through to the semifinals of the 2001 Women's Soccer Invitational here on Wednesday. Jakarta-based Buana Putri, which consists mostly of veteran players, won Group A with its 3-1 victory over Putri Belitung of Belitung at AS-IOP Senayan soccer field at the Bung Karno Sports Complex here.

Gus Dur leaves for two weeks overseas

Gus Dur leaves for two weeks overseas JAKARTA (JP): President Abdurrahman Wahid said on Wednesday he was not concerned about leaving the country for a two-week trip despite threats at home to his presidency. The President, who departs on Thursday, also told top military brass and senior aides to maintain order during his absence.

Badminton body was unfair to me, says Minarti Timur

Badminton body was unfair to me, says Minarti Timur JAKARTA (JP): Indonesian mixed doubles Olympics silver medalist Minarti Timur expressed her disappointment with the Badminton Association of Indonesia (PBSI) following its decision to supervise her performance until July and separate her from partner Tri Kusherjanto. "What PBSI did to me was very unfair.

IMF a cold-blooded strangler

IMF a cold-blooded strangler From Pikiran Rakyat I would like to refer to a report in Pikiran Rakyat, dated Feb. 6, 2001 entitled IMF worried about Indonesia's increasingly inflated debts. Commenting on it, Rizal Ramli stated that Indonesia had to limit our foreign loans, including those signed by our regional governments now under regional autonomy policy, because they were afraid that we will not be able to pay up.

Some 22 SOEs suffer US$2.4 billion in losses

Some 22 SOEs suffer US$2.4 billion in losses JAKARTA (JP): Director general of state-owned enterprises (SOEs) I Nyoman Tjager said on Wednesday that some 22 SOEs suffered combined financial losses of Rp 27.78 trillion (US$2.40 billion) last year.

Trial of SIRA activist adjourned

Trial of SIRA activist adjourned BANDA ACEH (JP): The controversial trial of activist Muhammad Nazar opened on Wednesday at the Medan District Court in North Sumatra with an immediate adjournment because both the defendant and the prosecutor failed to appear. The chairman of the Aceh Referendum Information Center (SIRA), Muhammad Nazar, was still being held in Banda Aceh on Wednesday, and it was unclear why he was not transferred to Medan for the trial.

Padang, Tonasa spin-off setback to govt program

Padang, Tonasa spin-off setback to govt program JAKARTA (JP): The spin-off of PT Semen Padang and PT Semen Tonasa from publicly-listed PT Semen Gresik will be a major setback to the government's state enterprises development plan, experts have said. Economist Faisal Basri said on Wednesday that if the government decided to separate the two companies from Semen Gresik, it would only heighten possibility of the companies being used as a political vehicle.

Gus Dur keeps playing with power

Gus Dur keeps playing with power From Rakyat Merdeka In an effort to increase his popularity, President Abdurrahman "Gus Dur" Wahid called on the people to contribute input to him on the concept of total reform. He said this in front of the Betawi community while the latter was holding a get-together in the framework of molding a harmonious life. Gus Dur's speech was again categorized as controversial in nature. It was very clear that Gus Dur had never ceased playing with power.

Akbar Tandjung a suspect in land scam, say police

Akbar Tandjung a suspect in land scam, say police JAKARTA (JP): The police have found indications of the commission of a crime in an alleged land scam linked to House of Representatives Speaker and Golkar Party chairman Akbar Tandjung, National Police Spokesman Brig. Gen. Didi Widayadi said on Wednesday. "Although he (Akbar) has not been summoned yet, there is a possibility of him being named a suspect in the case," Didi told reporters.

Tanri supports controversial EGP agreement

Tanri supports controversial EGP agreement JAKARTA (JP): Former Bank Bali president Rudy Ramli testified on Wednesday that Tanri Abeng, the then state minister of investment and state enterprise development, had warned him not to cancel the banks' controversial agreement with PT Era Giat Prima (PT EGP). Rudy testified before the Central Jakarta District Court, which is hearing the case against Bank Indonesia governor Sjahril Sabirin, that on May 26, 1999 he called Djoko S.

Bali Tourism Board has crucial role to play

Bali Tourism Board has crucial role to play DENPASAR, Bali (Antara): The Bali Tourism Board (BTB) must be able to play its role as a strategic planner of tourism in Bail, given the fact that owing to internal and external factors the survival of the tourist industry in this province is precarious at present, chairperson of Forum Merah Putih Bali (Balinese Red and White Forum), a non-governmental organization, I Putu Suasta, said during the inauguration of BTB recently.

C. Java to host junior c'ships

C. Java to host junior c'ships SEMARANG (JP): Teenagers are invited to compete in the sixth Gotong Royong Cup junior national tennis championships at Sasana Ambirawa Raga here from March 12 to March 18. The chief of the organizing committee, Suhartono Lenggono, said here the championships would feature both boy's and girl's singles and doubles events. The champion, runner-up and second runner-up will be given trophies, prize money and sports equipment from sponsor PT Hi-Qua.

What Middle East means to RI

What Middle East means to RI By Riza Sihbudi JAKARTA (JP): President Abdurrahman Wahid is scheduled soon to visit a number of Middle East countries including the United Arab Emirates and Saudi Arabia. This trip to the volatile region would be his third during the one and a half years of his administration: he has previously visited Jordan, Bahrain, Kuwait, Egypt and Iran. But what would be the significance of Abdurrahman's trip, beginning on Feb. 22, to the region?

Indonesia scores 13-9 upset over Thailand

Indonesia scores 13-9 upset over Thailand JAKARTA (JP): Host Indonesia upset Thailand 13-9 in day-four action at the fourth Asian Cup Baseball Championship at Bung Karno Baseball Stadium in Senayan, Central Jakarta, on Wednesday. Neither team scored in the first inning. In the top of the second, Thailand's Pairot Ruxsari manufactured the first run of the game. He stole the second and third with Sarawut Updullor at the plate. Updullor then got a hit to drive in Ruxsari from third.

Careless BNI staff

Careless BNI staff From Kompas We are clients at BNI's Cibubur Branch. On Dec. 22, 2000, when we were about to withdraw some money we discovered that funds in two accounts had already been withdrawn by an unknown person, amounting to Rp 10 million and Rp 7.8 million from BNI's Margonda Branch, Depok. These withdrawals were made without the person concerned showing any identification as a client.

The illusion of political supporters

The illusion of political supporters Political analyst J. Soedjati Djiwandono shares his views on a "new blend" of Indonesian politics. JAKARTA (JP): Institution building should be an essential part of the reform process. In this country, however, institution building has proceeded mainly in name and form, and not quite in spirit and substance. We have an elected president. But President Abdurrahman Wahid did not even contest the popular election.

Banpu ups RI coal production

Banpu ups RI coal production BANGKOK (AFX-ASIA): Banpu Plc president Chanin Vongkusolkit said he expects second half consolidated revenue to come in at 2.90 billion baht. "The company plans to produce 1.2 million tons of coal from our Indonesian sites in the second half of the fiscal year which ends June 2001.

Special court to try graft cases

Special court to try graft cases JAKARTA (JP): President Abdurrahman Wahid fired another shot in the battle against corruption on Wednesday, approving the establishment of a special court to try graft cases. The President gave the nod to the establishment of the court, which will be made up of ad hoc judges and prosecutors, during a meeting at the presidential palace with the head of the Joint Investigative Team to Eradicate Corruption, Adi Andojo Sutjipto.

Govt fears IMF may slow aid over BI law reform

Govt fears IMF may slow aid over BI law reform JAKARTA (Agencies): Indonesia's Finance Minister Prijadi Praptosuhardjo said on Wednesday he was worried the International Monetary Fund (IMF) might further hold up loans after the House of Representatives and the government agreed to delay debate on a new central bank law. Asked whether postponing the debate would add to the delay in releasing fresh IMF loans, Prijadi told reporters: "It could be.

Stock quotations on JSX

Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on Feb.

Shots fired at lawyer's office

Shots fired at lawyer's office JAKARTA (JP): Unidentified people fired shots at the office of lawyer Frans Hendra Winarta on Jl. Kelapa Gading Boulevard, North Jakarta, on Wednesday evening, breaking the windows. Frans, who arrived at the office at about 8 p.m., was told of the incident by his associates. Two bullets were found on the floor of the two-story building. Several minutes later, another shot was heard and a bullet hit the office door, persuading lawyers and other employees to lie low.

House's legislative body to submit 4 draft laws

House's legislative body to submit 4 draft laws JAKARTA (JP): The Legislative Body of the House of Representatives (DPR) will submit four draft laws on the presidency, the regulation-making process, child protection and the banking credit system to the House speakers next week, a legislator said on Wednesday.

Eight men steal bus in Bekasi

Eight men steal bus in Bekasi JAKARTA (JP): Eight men hijacked a bus on Jl. Cut Meutia near Bekasi bus terminal on Tuesday night before it reached the terminal. Armed with machetes and sickles, the gang boarded the Agung Bhakti bus plying Bekasi-Pulogadung route at 11 p.m. and threatened to kill the driver, identified as Ferry, 24, if he did not alight. Ferry, a resident of Jl. Pondok Betung, Pondok Aren, in Tangerang, had just stopped at a gas station near the depot to buy gasoline.

IBRA, Marubeni fail to reach agreement on debt

IBRA, Marubeni fail to reach agreement on debt JAKARTA (JP): Indonesian Bank Restructuring Agency (IBRA) chairman Edwin Gerungan said on Wednesday the agency had not yet reached an agreement with Japan's Marubeni Corp. on the restructuring of petrochemical giant PT Chandra Asri's foreign debt. With the Japanese creditors continuing to insist on an earlier agreed to restructuring plan, Edwin said IBRA would continue the negotiations with the hope of reaching a deal.

Sutiyoso accused of siding with management

Sutiyoso accused of siding with management JAKARTA (JP): Members of the Shangri-La Hotel labor union came to the City Hall on Wednesday to question Governor Sutiyoso's alleged siding with the hotel management in its protracted labor dispute with employees. Carrying posters, at least 50 employees of the hotel staged a rally in front of the City Hall, while around 10 members held talks with city officials and a representative of Jakarta's Ministry of Manpower and Transmigration office.

Marzuki's charade

Marzuki's charade No sooner after President Abdurrahman Wahid had pledged "zero tolerance" for past corruptors this month, the Attorney General's Office went into full gear to prosecute top business leaders and government officials for their alleged past misdeeds.

On-line oil bid

On-line oil bid Correction: The website address to submit on-line bids for the oil block tenders as appeared in The Jakarta Post article on Page 12 of the Feb. 21, 2001 issue should have read: www.indigopool.com instead of www.INDIGO.pool.com. We apologize for the error. -- Editor

Niarta JasaNet launches e-market for exporters

Niarta JasaNet launches e-market for exporters JAKARTA (JP): PT Niarta JasaNet, a local dotcom company, launched on Wednesday indoTradeCenter.com, a B2B e-market for Indonesian exporters to meet foreign buyers through the Internet. Niarta senior advisor Markus Straub said at the launching ceremony that indoTradeCenter.com would focus on small and medium-sized enterprises (SMEs) in the furniture and handicraft sectors in the first year. Other products would be included later.