Indonesian Political, Business & Finance News

Archive: 5 February 2001

47 articles found

Seminar on property rights planned

Seminar on property rights planned JAKARTA (JP): Directorate General of Intellectual Property Rights is slated to conduct a seminar and a series of other activities related to intellectual property between April 24 and April 26 to improve people's awareness on the protection of the rights.

Megawati 'will not join conspiracy' to topple President

Megawati 'will not join conspiracy' to topple President YOGYAKARTA (JP): Members of the Indonesian Democratic Party of Struggle (PDI Perjuangan) and aides close to chairperson Megawati Soekarnoputri, said the party would not partake in any conspiracy to topple the President despite endorsing a legislative committee report which implicated the President in two financial scandals.

Floods inundate Gorontalo, N. Sulawesi, and East Java

Floods inundate Gorontalo, N. Sulawesi, and East Java JAKARTA (JP): Continuous torrential rains led to a massive flood which inundated thousands of houses in Gorontalo, some 450 kilometers east of Manado the capital of North Sulawesi on Sunday, an official said. "The rain kept on falling all Saturday and on Sunday the water continued to rise about two centimeters every half hour in several subdistricts in Gorontalo," Manado's chief of Search and Rescue Agency (SAR) Soleman M.

North Sulawesi daunted by prospect of bankruptcy

North Sulawesi daunted by prospect of bankruptcy MANADO, North Sulawesi (JP): While regional autonomy is being hailed in many areas, the prospect of it is having some fearful consequences, such as in North Sulawesi where the provincial administration is haunted by the specter of bankruptcy. One reason is that in the past some 80 percent of income in the provincial budget was bankrolled by the central government. Efforts by Governor A.J.

Malaysian navy fires on RI trawler, one killed

Malaysian navy fires on RI trawler, one killed KUALA LUMPUR (AFP): A Malaysian navy patrol boat fired on an Indonesian trawler which tried to ram it, killing one of the 40 illegal immigrants on board, reports said on Sunday. The trawler ignored an order to stop early on Saturday after it entered Malaysian waters near the northern resort island of Langkawi, the New Sunday Times said. Several shots were fired before the navy managed to stop and board the trawler.

Indonesia ranked third for Sudirman Cup

Indonesia ranked third for Sudirman Cup JAKARTA (JP): Indonesia has been ranked joint-third with South Korea for the Sudirman Cup mixed team championships in Seville, Spain, in May. Both teams reached the semifinals of the Sudirman Cup in Copenhagen in 1999. Defending champion China and runner-up Denmark are ranked first and second, respectively. Sweden has been ranked fifth and England sixth for the event. England passed Malaysia in the rankings, with Malaysia dropping to the seventh position.

An amazing DV camera

An amazing DV camera JAKARTA (JP): DV is a high-resolution digital video format that gives exceptional quality. A key difference between DV and other video formats is that the information is stored as digital data. But, digital video is not necessary DV. DV is digital video but with a video format which is compressed. Any video that is digitized becomes digital video but it is not DV unless it is compressed with a DV codec.

Are there viable alternatives to 'Microsoft Office'?

Are there viable alternatives to 'Microsoft Office'? By Zatni Arbi JAKARTA (JP) First, here is a very exciting piece of news from Compaq. In a press release that I received last week, the company announced a new 17" LCD monitor for its desktop PC. The new monitor, which takes far less space than a comparable 19" or 20" CRT model, has a resolution of 1280 x 1024, a resolution level that is also known as SXGA. Each dot is 0.26 mm, just 0.01 mm larger than the best CRT monitor that we have.

It's Taufik's right to skip All England or quit: Mulyo

It's Taufik's right to skip All England or quit: Mulyo JAKARTA (JP): Former national coach Mulyo Handoyo said on Sunday that it was world number four Taufik Hidayat's right to skip the All England or quit the Indonesian Badminton Center. "Everybody has his own rights. Taufik also has his right either to skip the All England or quit the national squad," Mulyo told The Jakarta Post in a telephone interview.

PSM beats Persebaya in Bank Mandiri league

PSM beats Persebaya in Bank Mandiri league MAKASSAR, South Sulawesi (JP): Defending champion PSM Makassar managed to fulfill its ambition to defeat arch-rival Persebaya Surabaya 1-0 in the seventh Bank Mandiri soccer league at the Mattoangin Stadium in Makassar, South Sulawesi, on Sunday. PSM's sole goal was clinched by Cameron striker Fouda Ntsama in the 55th minute of the match played in heavy downpour.

Irian Jaya rebels kill four Kopassus soldiers

Irian Jaya rebels kill four Kopassus soldiers JAYAPURA, Irian Jaya (JP): Security authorities in the restive province of Irian Jaya have stepped up their search for the separatist rebels accused of killing four soldiers from the Army's Special Force (Kopassus) on Saturday. Trikora Military Commander Maj. Gen.

Banten boosts tourism promotion

Banten boosts tourism promotion ANYER, Banten: Efforts to boost tourism in the newly established province of Banten, and in particular Serang regency, are underway with the local Indonesian Hotel and Restaurant Association (PHRI) printing some 25,000 brochures to be distributed at home and abroad. The head of PHRI's Serang office Soekiman Surip said here on Saturday that the brochures have already been distributed to various Indonesia missions abroad and travel agencies.

Court criticized for leniency toward Bob Hasan

Court criticized for leniency toward Bob Hasan JAKARTA (JP): Legal observers said on Saturday that the Central Jakarta District Court had been too lenient in sentencing timber tycoon Muhammad "Bob" Hasan, charged with corruption, to only two years in jail.

Speed boat sinks in Ambon waters

Speed boat sinks in Ambon waters AMBON, Maluku: A speedboat KM Mahu with 32 people on board sank in waters off Amahusu near the Maluku capital of Ambon on Sunday en route to Alang port from Tapal Kuda port, both on Ambon island, leaving one people missing. An officer at Nusaniwe Police Subprecinct said the accident, which took place just half an hour after embarkment at about 3:30 p.m. local time, was caused by rough seas. He said the vessel was allowed to carry a maximum 25 people.

Bumpy ride seen for Southeast Asian vehicle market

Bumpy ride seen for Southeast Asian vehicle market SINGAPORE (AFP): Southeast Asia's vehicle market is in for a bumpy ride in the next five years due to the region's volatility, and only players with strong global partners will survive the race, analysts said. Top global bank ING Barings warned economic and political uncertainties in the region's four biggest markets are likely to delay the time frame for the achievement of industry targets for vehicle volumes.

Bank Indonesia's new forex ruling long-awaited

Bank Indonesia's new forex ruling long-awaited By Reiner S JAKARTA (JP): Bank Indonesia's new foreign exchange ruling, which cuts off rupiah supply to offshore players for speculative purposes is a long-awaited measure that will, according to experts, help restore stability in the ailing rupiah. Currency market analyst Farial Anwar said the supply of rupiah overseas had been mainly used for speculation activities, and the rupiah's exchange rate had been dictated by offshore speculators.

Senen bus terminal project not priority: Councillors

Senen bus terminal project not priority: Councillors JAKARTA (JP): The construction of a new bus terminal on the site of the existing Planet Senen youth center in Central Jakarta remains a long-term plan, a city councilor said on Sunday. Secretary of City Council Commission D for development affairs Bimo Hastoro said the plan was being discussed by councilors and the relevant city agencies, including the City Planning Agency.

Scrap territorial-command system to make police independent

Scrap territorial-command system to make police independent A major obstacle of democracy is the failure to make the police an independent force of the military, says noted lawyer and member of an independent body set up to probe recent bombings, the Indonesian Forum for Peace (FID), Todung Mulya Lubis. Question: As a FID member, what is your experience in working with the police? Answer: In enforcing the laws the police tend to do their jobs in a repressive military style.

Perpetrators of war crimes 'didn't mind the bloodshed'

Perpetrators of war crimes 'didn't mind the bloodshed' As long as no one is made accountable for war crimes in Timor, the blame will continue to be placed on Indonesia, says former Australian consul James Dunn, 73, now an expert on crimes against humanity at the Dili-based United Nations Transitional Administration in East Timor (UNTAET).

Bakrie, Tjipta Niaga tie up

Bakrie, Tjipta Niaga tie up JAKARTA (JP): Steel bridge manufacturers PT Trans-Bakrie, a subsidiary of the publicly-listed PT Bakrie & Brothers, has appointed state trading company Tjipta Niaga to market its product in Indonesia. Tjipta Niaga has agreed to become Trans-Bakrie's main sales agent countrywide, Bakrie & Brothers revealed in an official statement. Tjipta Niaga, which has branches across Indonesia, will receive a commission for every sale.

IMF says talks continuing on Indonesia's loan program

IMF says talks continuing on Indonesia's loan program WASHINGTON (Dow Jones): The International Monetary Fund is trying to overcome several sticking points in negotiations with Indonesia and Russia over the state of their loan programs. Thomas Dawson, director of external relations at the Fund, told reporters at a regular briefing that an IMF team "would need to return to Jakarta for this current review of the program to be taken forward and ...

Stocks steal limelight as rupiah, commodities stay bearish

Stocks steal limelight as rupiah, commodities stay bearish By Berni K. Moestafa JAKARTA (JP): Surprisingly, the stock market performed strongly last week, while the rupiah remained in the Rp 9,500 to Rp 9,600 range, despite the country's volatile political events. Activity at the newly established Jakarta Futures Exchange also remained dormant with transaction volume far lower than the initial target of 300 lots of robusta coffee and olein expected to be traded daily.

Common graves planned for Jakartans

Common graves planned for Jakartans JAKARTA (JP): In an attempt to overcome a lack of land for public cemeteries, the city administration has called on residents to accept common graves for themselves and their loved ones. The city authorities are also encouraging Jakartans to seek public cemeteries outside the capital, so as to lessen the pressure on space.

Japanese woman murdered in Bali

Japanese woman murdered in Bali DENPASAR, Bali: A 46-year-old Japanese woman identified as Hiroko Ooe was found dead lying in a pool of blood on the kitchen floor of her house in Batubulan, some 15 kilometers east of here, on Sunday morning. Her servant, Nengeh Sariani, 26, was found in the adjacent bathroom. She was unconscious and had been severely beaten up. She is now in intensive care at Sanglah Hospital. Bali Police spokeswoman Comr. Andi Arwita said the estimated time of death was 3 a.m.

BI forex reserves fall slightly

BI forex reserves fall slightly JAKARTA (JP): Bank Indonesia's foreign exchange reserves in the fourth week of January 2001 dropped slightly to US$29.26 billion from $29.27 billion in the previous week, the central bank said in its latest report. The central bank said in a statement that the base money was Rp 103.25 trillion, an increase of Rp 1.97 trillion from the level on Jan. 23, 2001.

Surviving censure

Surviving censure Even to his dwindling band of supporters, Indonesian President Abdurrahman Wahid must appear the architect of his own misfortune. If he had done what was expected when he took office, he might have been watching his accusers facing corruption charges of far greater magnitude than the US$6 million scandal in which he has been implicated. But Mr.

40 people arrested on gambling charges

40 people arrested on gambling charges JAKARTA (JP): Jakarta Police have arrested 40 people for allegedly being involved in an illegal Malaysian lottery, locally known as judi togel, in a raid in North Jakarta and Tangerang, police spokesman Comr. Anton Bahrul Alam said on Saturday. "Police arrested the people on Thursday night following complaints from the public," Anton told reporters.

Sales of Salim Group assets seen to hit snag

Sales of Salim Group assets seen to hit snag JAKARTA (Reuters): An Indonesian holding firm which controls some 100 Salim Group companies said its 2001 plan to sell some of the conglomerate's assets could not begin until a controversial deal between big debtors and Jakarta was settled. PT Holdiko Perkarsa Finance Director Scott Coffey said there was "amazingly" strong international interest in buying Salim companies because they had a reputation of being well run.

Dutch government help sought over Indover scam

Dutch government help sought over Indover scam JAKARTA (JP): Attorney General Marzuki Darusman said his office would need to formally request that the Netherlands government assist it in investigating a corruption case involving a Bank Indonesia (BI) subsidiary in Amsterdam, NV Indover. Marzuki said on Sunday that such a request was mandatory to obtain access to account numbers belonging to a number of businessmen who had received loans from Indover Bank between 1993 and 1998.

Bali to host insolvency forum

Bali to host insolvency forum JAKARTA (JP): The Ministry of Finance and the Organization for Economic Cooperation and Development will cosponsor a forum for Asian insolvency reform in Denpasar, Bali, from Feb. 8 to Feb. 9. The ministry's spokesman, Hadiyanto, said on Saturday the forum was expected to provide better solutions for bankruptcy cases in Indonesia. He said the minister of finance, the minister of justice and human rights, and the attorney general would attend the forum.

Phoenix, Siam Cement 'just good friends'

Phoenix, Siam Cement 'just good friends' BANGKOK (Reuters): A top executive of Thailand's Phoenix Pulp & Paper Plc on Friday denied rumors of an imminent merger with Siam Cement Plc, saying the two were "just good friends". Siam Cement, the country's biggest conglomerate, is one of Phoenix's best customers, the pulp firm's executives said.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Painting Bramasto's Collections 1939-1996, Gallery Twilite Cafe, Jl. Kemang Raya No. 24A, South Jakarta (Phone: 7194270), until Feb. 28. * Fine Art, Galeri Nasional Indonesia (the National Gallery), Jl. Medan Merdeka Timur 14, Gambir, Central Jakarta (Phone: 34833954), until Feb. 6. * Photo: Milenium Moment, Anggota Galeri Cahya, Galeri Foto Cahya, Wisma Surya Kemang, Jl. Kemang Raya no. 33, South Jakarta, until Feb. 8.

Aceh Police chief vows to end illegal levies

Aceh Police chief vows to end illegal levies BANDA ACEH, Aceh (JP): Aceh Police chief Brig. Gen. Chaerul Rasjid urged truck drivers plying Banda Aceh-Medan route to end their strike and promised to take stern measures against officers collecting illegal levies along the route. "I hope all truck drivers will resume operations and I guarantee that there will be no more illegal levies," Chaerul said after meeting with provincial councillors and truck driver representatives on Saturday.

Discrimination against ethnic Chinese persists

Discrimination against ethnic Chinese persists By Tertiani Z.B. Simanjuntak JAKARTA (JP): The government's efforts to end official discrimination against Chinese-Indonesians are being hampered by inconsistent policies regarding the so-called Indonesian citizenship certificate. Although Presidential Decree No.

City Council commission okays water rate hike

City Council commission okays water rate hike JAKARTA (JP): The City Council Commission C for economic affairs has finally agreed to an administration proposal to increase tap water rates by between 14 percent to 43 percent, but exempted social institutions and poor customers from the hike.

Too little, too late?

Too little, too late? At long last a verdict has been pronounced on Mohamad "Bob" Hasan, the timber tycoon who is well-known to the Indonesian public as former president Soeharto's golfing buddy and one of his most prominent business associates.

DPR should be dissolved

DPR should be dissolved The House of Representatives (DPR) is no longer faithful to the spirit of reform. It has failed to implement the true reform agenda drawn up by the students when they brought former president Soeharto down.

S. Korea, Japan quarrel over 2002 W. Cup name

S. Korea, Japan quarrel over 2002 W. Cup name SEOUL (Reuters): South Korea has threatened to challenge an agreement to hold the 2002 World Cup final in Japan if Japanese organizers continue to insist on relegating the word "Korea" to second place on ticket application forms, Seoul's Yonhap News Agency reported on Sunday. A FIFA decision in 1996 granted the prestigious final match in the co-hosted tournament to Tokyo but officially named the competition as "2002 FIFA World Cup Korea/Japan".

Ex-leader Ershad back in prison

Ex-leader Ershad back in prison DHAKA (AFP): Bangladesh's deposed military dictator Hussain Muhammad Ershad was sent back to prison, two days after being rushed to a hospital with chest pains, prison officials said on Sunday. He was kept under observation for two days at the capital's Suhrawardy Hospital and sent back to the Dhaka central jail Saturday, officials said, without giving further details.

Subway project to go ahead

Subway project to go ahead JAKARTA (JP): A senior ministry of transportation and telecommunication official insists that a subway be built beneath the main thoroughfares of Jl. Thamrin and Jl. Sudirman as a future alternative to these already-congested roads. Head of Land Transportation Facilities Iskandar Abu Bakar said recently he expected the subway to be operational in 2008 as traffic on the two main roads has increasingly worsened.

Police question 12 over theft at city police HQs

Police question 12 over theft at city police HQs JAKARTA (JP): Police are still questioning 12 people over the disappearance of Rp 217 million (US$22,842) in cash from a deposit box at the traffic police office within city police headquarters, city police Chief Insp. Gen. Mulyono Sulaiman said on Saturday. "We have yet to find out whether the theft involved insiders," Mulyono told reporters at his office.

UI ready for implementation of campus autonomy

UI ready for implementation of campus autonomy JAKARTA (JP): The University of Indonesia (UI) is ready for the implementation of campus autonomy as it is an opportunity to overcome its financial problems, Asman Budi Santoso, a rector at the university said on Saturday. Since the implementation of Government Regulation No. 152/2000 on Dec. 26 last year on campus autonomy, UI has become a state- owned institution (BHMN).

Rally in support of Gus Dur turns violent

Rally in support of Gus Dur turns violent JAKARTA (JP): A Golkar Party branch office in Pasuruan, East Java was attacked as rallies in support for President Abdurrahman "Gus Dur" Wahid continued on Sunday. Riding vehicles and yelling support for the embattled President, some 75 angry people stoned the glass windows of the Golkar office in Paci district on their way back home from a mass rally in Bangil square. No casualties were reported in the attack, Antara reported.

'I'm here till the end', says Abdurrahman Wahid

'I'm here till the end', says Abdurrahman Wahid JAKARTA (JP): Embattled President Abdurrahman Wahid once again defied his critics asserting that he is unruffled by calls for his resignation, and even made a reconciliatory gesture by defending Golkar Party against those who wish to see it dissolved.

A government without the support of the House 'is finished'

A government without the support of the House 'is finished' Calls are mounting for the resignation of President Abdurrahman "Gus Dur" Wahid. The following are excerpts of an interview with Yogyakarta-based lecturer of politics Riswandha Imawan with The Jakarta Post. Question: Thursday's plenary session of the House of Representatives (DPR) decided to issue a memorandum to the President, which could lead to his impeachment. Your comment?

Government asked to provide special facilities for the disabled

Government asked to provide special facilities for the disabled JAKARTA (JP): Despite the apparent minimal use of existing facilities for the disabled, calls for the government to provide special facilities for the physically challenged in public places are increasing. Otje Soedioto from the Indonesian National Board for Persons with Different Abilities (DNPCI) noted that few public buildings are accessible to the disabled.

At 93, batikmaker Jogo still going strong

At 93, batikmaker Jogo still going strong By R. Agus Bakti PAJIMATAN, Yogyakarta (JP): Ask people in the know about batik in Pajimatan, Imogiri, Yogyakarta, and they are sure to direct you to Ibu Jogopertiwi. At 93, Ibu Jogo, as she is known, is still going strong producing handmade batik in Pajimatan, about 22 kilometers from Yogyakarta and the site of the graves of the rulers of the ancient kingdom of Mataram.