Indonesian Political, Business & Finance News

Archive: 23 February 2001

62 articles found

IBRA plea against Tirtamas rejected

IBRA plea against Tirtamas rejected JAKARTA (JP): The Supreme Court rejected an appeal by the Indonesian Bank Restructuring Agency (IBRA) to declare giant trading company PT Tirtamas Comexindo bankrupt, on the grounds that IBRA had no locus standi (legal standing) in the case.

Bangkok OKs Myanmar peace offer

Bangkok OKs Myanmar peace offer BANGKOK (Agencies): Thailand said on Thursday it welcomed an olive branch from Myanmar's military government, which said this week it hoped a recent dispute over bloody border clashes could be solved peacefully.

Microsoft sues five PC dealers for piracy

Microsoft sues five PC dealers for piracy JAKARTA (JP): Microsoft Corp. has filed separate lawsuits against five computer dealers in Jakarta, as the giant software company clamps down on the rampant piracy of its products in Indonesia.

Railway company's survey

Railway company's surveyFrom Warta KotaOn Feb. 14, 2001 the railway company (KAI) conducted a survey of train passengers in the Jakarta-Bogor-Tangerang-Bekasi area. It was said that the survey was aimed at enhancing the company's services to the public.

BPK: Irregularities in state finances exceed Rp 11.8t

BPK: Irregularities in state finances exceed Rp 11.8t JAKARTA (JP): The Supreme Audit Agency disclosed on Thursday that it found 1,760 instances of financial irregularities involving a total sum of more than Rp 11.8 trillion (US$1.

Aptech launches IT school

Aptech launches IT school JAKARTA (JP): Aptech Ltd, a leading information technology (IT) education institute from India, launched its first training center in Indonesia on Thursday in cooperation with PT Mitra Murni Sejahtera.Aptech Ltd vice president K.

3 Algerians arrested for burglary

3 Algerians arrested for burglary DENPASAR, Bali: Police arrested three Algerian men in Kuta, some 15 kilometers east of here, after they were caught red- handed breaking into a safety deposit box in the Berlian Inn in the early hours of Thursday morning.

Bali Nirwana Asia's best course

Bali Nirwana Asia's best course JAKARTA (JP): Bali Nirwana Golf Resort in Bali was named as Asia's best golf course outclassing other golf courses in China, Chinese Taipei, Hong Kong, Malaysia, the Philippines, Singapore and Thailand.

Yunus set to clear Balibo incident

Yunus set to clear Balibo incident JAKARTA (JP): Former minister of information Lt. Gen. (ret) Yunus Yosfiah said on Thursday he was willing to go to Australia to clear himself of allegations that he was involved in the murder of five foreign journalists in Balibo, East Timor, 26 years ago.

PSM Makassar thrashes Persijap Jepara 3-1

PSM Makassar thrashes Persijap Jepara 3-1 JAKARTA (JP): Defending champion PSM Makassar of South Sulawesi defeated host Persijap Jepara 3-1 in the eastern division qualifying round for the Bank Mandiri soccer league at Kamal Junaidi stadium in Jepara, Central Java, on Thursday.

The Sampit violence

The Sampit violence As the latest wave of violence and killings was spreading across parts of Kalimantan on Thursday, reports of scenes grizzlier than can be imagined by any civilized person have begun to come trickling into Jakarta through the news media.

Child refugees' photos on display

Child refugees' photos on display JAKARTA (JP): Taman Anggrek Mall in cooperation with The British Council will display a photo exhibition in the shopping complex's atrium from March 8 through March 26 with the theme Children's World in the Future.

North Maluku refugees repatriated

North Maluku refugees repatriated JAILOLO, North Halmahera (JP): North Maluku civil emergency authorities began on Thursday the repatriation of some 2,600 refugees residing for over a year in Akediri military camp back to their respective villages in the province.

Nike promises to remedy problems

Nike promises to remedy problems PORTLAND, Oregon (AP): Workers at nine of Nike's contract factories in Indonesia have witnessed verbal and physical abuse by supervisors against co-workers, and female employees being coerced into sex, according to a report released by a nonprofit watchdog group.

Asia to remain attractive to FDI: EIU report

Asia to remain attractive to FDI: EIU report HONG KONG (AFP): Asia will see soaring foreign direct investment (FDI) flows over the next five years, with China maintaining its position as the region's star attraction, a report said Thursday.

duniaOTO sets new feature

duniaOTO sets new feature JAKARTA (JP): Online automobile portal duniaOTO.com is giving its website a new look and new features as of Friday in line with its commitment to provide a comprehensive service to car lovers.

Birju Maharaj a force to be reckoned with

Birju Maharaj a force to be reckoned withBy Mehru Jaffer JAKARTA (JP): When Birju Maharaj dances in Jakarta he will not only entertain, but his performance will provide a glimpse into a civilization of a bygone era.For India's Birju Maharaj is not just a leading exponent of the Kathak dance.

Rizal makes little progress in lobbying IMF

Rizal makes little progress in lobbying IMF JAKARTA (JP): High-level talks between the government and the International Monetary Fund in Washington on Wednesday failed to produce enough progress to break the deadlock that has frozen crucial IMF lending to Indonesia.

Eighty boxers invited to Golden Glove c'ship

Eighty boxers invited to Golden Glove c'ship JAKARTA (JP): After being delayed for two weeks, the Indonesian Amateur Boxing Association (Pertina) will stage the 21st Golden Glove boxing championships in April.

Indonesia may import 1m tons of rice in 2001

Indonesia may import 1m tons of rice in 2001 JAKARTA (Reuters): Indonesia, traditionally one of the world's biggest rice buyers, is expected to slash rice imports this year because of a good domestic crop and abundant stocks, traders said on Thursday.

Govt warned not to cancel Semen Padang's spin-off

Govt warned not to cancel Semen Padang's spin-off JAKARTA (JP): State cement producer PT Semen Padang has urged the government to go ahead with plans to spin off the Semen Padang unit from the Semen Gresik holding company, in fear that a reversal might trigger strong reactions from people in West...

Finance Minister agrees to dissolve PT BPIS

Finance Minister agrees to dissolve PT BPIS JAKARTA (JP): Finance Minister Prijadi Praptosuhardjo agreed with calls from legislators to dissolve the once powerful but controversial state-owned holding company PT Bahana Prakarya Industri Strategis (BPIS).

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Photo: Indonesian Press Photo Service's (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.

Govt told to inform public where to buy anthrax-free beef

Govt told to inform public where to buy anthrax-free beef JAKARTA (JP): In a bid to ease public anxiety following an outbreak of anthrax in Bogor, the Indonesian Consumers Foundation (YLKI) demanded on Thursday that the government take decisive measures in a display of accountability.

Trial of former Bulog chief to continue

Trial of former Bulog chief to continue JAKARTA (JP): The South Jakarta District Court decided on Thursday to proceed with the trial of former chief of the State Logistics Agency (Bulog) Beddu Amang, a defendant in a corruption case which prosecutors allege inflicted Rp 95.

President Abdurrahman embarks on overseas trip

President Abdurrahman embarks on overseas trip JAKARTA (JP): President Abdurrahman Wahid began his overseas trip on Thursday with confidence that everything would be alright during his two-week journey abroad.

PWI and press ethics

PWI and press ethicsFrom Media IndonesiaThe Indonesian Journalists Association (PWI) celebrated their 55th anniversary on Feb. 9, 2001. In my opinion, PWI has increasingly been strong and professional in terms of the history of journalists' organizations and the world of journalism that is growing...

Banten developers aid victims

Banten developers aid victims JAKARTA (JP): The Association of Banten Real Estate Developers donated on Thursday Rp 110 million worth of building materials to the victims of floods in Banten province.Ichsan Soelistio, chairman of the association, who presented the aid through Banten governor H.

Rupiah Rates Feb. 22

Rupiah Rates Feb. 22 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 9,136.00 10,136.00 9,588.00 9,684.00Australian dollar 1 4,790.00 5,319.37 5,026.99 5,082.16Austrian schilling 1 602.06 668.33 631.85 638.52Belgian franc 1 205.37 227.97 215.53 217.

Bogus general nabbed for attempted fraud

Bogus general nabbed for attempted fraud JAKARTA (JP): A man claiming to be Irian Jaya Police chief Brig. Gen. Made Mangku Pastika was arrested on Thursday for allegedly attempting to deceive mining company PT Freeport Indonesia out of Rp 100 million (US$10,416).

Wanted: Neutral local political observers

Wanted: Neutral local political observersBy Santi W.E. Soekanto JAKARTA (JP): Pity the journalists whose commitment to objective reporting compels them to not only "cover both sides" at all costs, but to also seek the comments of "neutral" political observers to help the public make sense of the...

MIGA covers RI risk

MIGA covers RI risk WASHINGTON (Dow Jones): The Multilateral Investment Guarantee Agency, MIGA, will resume providing political risk insurance coverage for foreign direct investment in Indonesia, MIGA said in a press statement on Wednesday.

Jakarta seeks to export planes to Yemen

Jakarta seeks to export planes to YemenBy Budiman Moerdijat SANA'A, Yemen (JP): Top cabinet ministers said that the export of defense equipment to Yemen was high on the agenda of President Abdurrahman Wahid's visit to the country on Thursday and Friday.

Singapore GDP up 9.9 percent in 2000, no shift in MAS bias

Singapore GDP up 9.9 percent in 2000, no shift in MAS bias SINGAPORE (Reuters): Singapore's economy grew a robust 9.9 percent in 2000, slightly below an official forecast of 10.1 percent, with the outlook broadly positive for this year despite slowing growth, the government said on Thursday.

Govt to proceed with plans to raise fuel prices

Govt to proceed with plans to raise fuel prices JAKARTA (JP): The government will proceed with its plan to raise fuel prices in April despite concerns that it could trigger a new wave of social unrest, according to Minister of Manpower and Transmigration Alhilal Hamdi.

Dream Team duels veteran

Dream Team duels veteran JAKARTA (JP): Indonesia's four-member dream team of young chess players will have a duel against four veteran chess players of the old team in an exhibition match from Sunday until next Tuesday at the Utut Adianto Chess School in Bekasi.

Politicians dismiss coalition proposal

Politicians dismiss coalition proposal JAKARTA (JP): Politicians dismissed on Thursday the possibility of establishing a permanent coalition among House of Representatives (DPR) factions, calling the proposal ineffective.

Over 10 executives of city firm probed over land sale

Over 10 executives of city firm probed over land sale JAKARTA (JP): More than 10 current and former executives of city property company PT Pembangunan Sarana Jaya have been questioned by the City Inspectorate in connection with the sale of 3.

Bank Mandiri's plan illogical

Bank Mandiri's plan illogicalFrom Rakyat MerdekaThe President Director of Bank Mandiri has been quoted by the mass media as saying that Bank Mandiri will join the tender for the divestment of the shares of BCA and Bank Niaga, which is said to expand the banks' capability of funding base retailing...

Cathay to serve more flights to Indonesia

Cathay to serve more flights to Indonesia JAKARTA (JP): Hong Kong-based airline Cathay Pacific Airways will gradually increase its weekly flight frequencies to Indonesia to 28 flights beginning next week from 19 flights at present to meet rising demand, a senior executive said.

Cell phones a 'necessity': Survey

Cell phones a 'necessity': Survey JAKARTA (JP): Contrary to the popular belief that mobile phone users are spendthrift, impolite, and fashion-driven, a recent study of the behavior of mobile phone users by Germany-based mobile phone manufacturer Siemens revealed just the opposite.Sarlito W.

Government 'returns the ball' to the House on chief justice post

Government 'returns the ball' to the House on chief justice post JAKARTA (JP): The government has "returned the ball" to the House of Representatives (DPR), asking the legislative body to take the initiative to settle the prolonged dispute over the appointment of the chief justice of the Supreme...

RP graft sleuths focus on Ejercito

RP graft sleuths focus on Ejercito MANILA (AFP): Investigators looking into alleged corruption by deposed president Joseph Estrada said on Thursday they were turning their attention to his wife, Luisa Ejercito, after discovering massive withdrawals from one of her bank accounts.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 22, 2001: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,850 75 916,500 Adindo Foresta Indonesia 130 0 72,500 Alakasa Industrindo 165 -25 8,500 Alfa...

Suwondo 'victim of a scheme by political elite'

Suwondo 'victim of a scheme by political elite' JAKARTA (JP): Lawyers for Muhammad Alip Agung Suwondo challenged on Thursday the charges against their client, arguing that the indictment failed to specify their client's alleged role in the Rp 35 billion (US$3.

PBB clarifies position of party members in the House

PBB clarifies position of party members in the House JAKARTA (JP): Chairman of the Crescent Star Party (PBB) faction at the House of Representatives Ahmad Sumargono on Thursday dismissed earlier press reports that the party had recalled two senior legislators from the House membership.

Indosat ups stake in Satelindo

Indosat ups stake in Satelindo JAKARTA (JP): State-owned telecommunications company PT Indosat announced on Thursday the purchase of PT Bimagraha Telekomindo's remaining shares in cellular phone company PT Satelindo, which brings Indosat's ownership to a 75 percent majority.

RI's public service the worst: Official

RI's public service the worst: OfficialBy Tertiani Z.B. Simanjuntak JAKARTA (JP): A top government official affirmed what many here have already long felt: Indonesia has the worst and probably the most inhumane public service when compared to neighboring countries.

Is political rivalry behind the campaign against Golkar?

Is political rivalry behind the campaign against Golkar? There have been many demands to dissolve Golkar lately, on which The Jakarta Post talked to lecturer in politics Bambang Cipto of the Yogyakarta Muhammadiyah University.

Versatile PaperOne launched

Versatile PaperOne launched JAKARTA (JP): April Fine Paper, which operates one of Indonesia's largest pulp and paper industries in Riau province, launched here on Thursday what it claims to be a versatile, fine paper, brand-named PaperOne, which is suitable for all kinds of printers.

Villagers want own administration

Villagers want own administration TANGERANG (JP): Around 100 residents of Kebon Cau village in Teluk Naga district rallied at the Tangerang regency council on Thursday to demand the incorporation of their village as a separate administrative unit.

Ex-brothel demolition halted

Ex-brothel demolition halted JAKARTA (JP): North Jakarta mayor Soebagio said on Thursday that the demolition of 130 buildings on the site of the former Kramat Tunggak red light district had been halted, pending the payment of compensation for the land and buildings.

Television association against broadcast bill

Television association against broadcast bill JAKARTA (JP): The Indonesian Television Broadcasting Association (ATVSI) dismissed on Thursday the draft broadcast bill being deliberated by the House of Representatives, saying it defied the spirit of reform and restricted press freedom.

Refugees flee Riau riot

Refugees flee Riau riot BATAM ISLAND, Riau: Thousands on Thursday fled to Batam and mainland Riau following a riot which swept the town of Selat Panjang on Tebing Tinggi Island.Antara further reported that some 1,200 had fled to Karimun Island.

Land dispute dogs terminal project

Land dispute dogs terminal project TANGERANG (JP): Unsettled controversy over compensation money for land and buildings is feared to hamper the ongoing construction project of an integrated terminal in Cipondoh district to replace the existing one in Cikokol.

Thousands fleeing riot-torn Sampit

Thousands fleeing riot-torn Sampit JAKARTA (JP): A naval ship is steaming towards Central Kalimantan, to evacuate thousands of refugees fleeing ethnic violence in Sampit that by official estimates has claimed 57 lives.The spokesman of the Navy's Eastern Fleet Command, Lt. Col.

RI scores another win in Asian Cup baseball tourney

RI scores another win in Asian Cup baseball tourney JAKARTA (JP): Host Indonesia scored another win at the fourth Asian Cup Baseball Championship at Bung Karno Baseball Stadium in Central Jakarta, beating Uzbekistan 14-2 in day-five action on Thursday.

Loyalty and obedience of the Indonesian Military

Loyalty and obedience of the Indonesian Military The military need explicit rules to ensure its members' accountability, says Kusnanto Anggoro, a senior researcher at the Centre for Strategic and International Studies and a lecturer at the postgraduate studies program of the School of International...

ICG spells out trouble for RI

ICG spells out trouble for RI JAKARTA (JP): President Abdurrahman Wahid is not likely to escape unscathed from current attempts by his opposition to unseat him, but whatever transpires from this power struggle, violence looms large over Indonesia, the International Crisis Group says.

Paprika Wine Lounge and Restaurant is red hot

Paprika Wine Lounge and Restaurant is red hot JAKARTA (JP): Word has spread through the city of a new restaurant and bar, or wine lounge if you will. According to the talk, the place is hip, stylish and attracts the in-crowd of chic, good-looking and well-to-do Jakarta residents.

Food on the menu for Utan Kayu Film Festival

Food on the menu for Utan Kayu Film Festival JAKARTA (JP): It's food, glorious food, explored on dining tables and in kitchens around the world, from Japan (Tampopo) to Denmark (Babette's Feast), during the Films on Food Festival at Teater Utan Kayu.

Soeharto must stand trial when he is fit, Lopa says

Soeharto must stand trial when he is fit, Lopa says JAKARTA (JP): Former president Soeharto, who is scheduled to undergo a medical examination before Monday, must be sent to court if he is declared fit for trial, Minister of Justice and Human Rights Baharuddin Lopa said on Thursday.