Indonesian Political, Business & Finance News

Archive: 2 March 2001

50 articles found

Invitro triplets born

Invitro triplets born YOGYAKARTA: Dr. Sardjito General Hospital announced that triplets conceived using invitro fertilization have been born in the hospital.Hospital Director Sri Endarini told journalists here on Thursday that a former high school English teacher, Ida Rahmawati, 31, had given birth...

Most graft cases submitted by forestry ministry turned down

Most graft cases submitted by forestry ministry turned down JAKARTA (JP): Twelve of 15 reports of alleged graft handed over by the Ministry of Forestry to the Attorney General's Office have been rejected due to insufficient evidence, a senior forestry official said here on Thursday.

Enhancing workers' life

Enhancing workers' life A groundbreaking study on the concerns and aspirations of 4,500 workers in nine Nike contract factories in Indonesia has just been released by an alliance of foundations, private companies and international institutions.

PBSI targets three titles at All England

PBSI targets three titles at All England JAKARTA (JP): The Badminton Association of Indonesia (PBSI) targeted its shuttlers to grab three titles from the four-star 2001 Yonex All England Open, mainly from the men's and mixed events, the training director of the Indonesian Badminton Center (PBI)...

Taxi drivers go on strike over rental fee hike

Taxi drivers go on strike over rental fee hike JAKARTA (JP): Taxi drivers from the Centris Group went on strike on Thursday, protesting the city-owned firm's decision to increase the drivers' daily rental fee by 25 percent and to hike passenger fares.

Driver's license not valid at Citibank

Driver's license not valid at Citibank On Feb. 23, at about 2:20 p.m. I wanted to cash a check at Citibank's Prince Sudirman branch, but the teller refused because I could only show my driver's license. Only a resident identity card (KTP) or passport are acceptable.

KL palmoil at 4-week high

KL palmoil at 4-week high KUALA LUMPUR (Reuters): Malaysia's palm oil futures ended at the highest level in four weeks on Thursday on the back of technical covering and amid rumors of intensive government intervention to support prices, traders said.

BI forecast economy to grow 4.5-5.5% in 2001

BI forecast economy to grow 4.5-5.5% in 2001 JAKARTA (JP): Bank Indonesia reiterated in its annual report issued on Thursday that the economy in 2001 was forecast to grow by between 4.5 percent and 5.5 percent.

Furniture exports to earn $1.8b this year

Furniture exports to earn $1.8b this year JAKARTA (JP): Indonesia's export earnings from furniture are expected to increase by about 20 percent this year to US$1.8 billion from $1.5 billion despite the economic slowdown in major buyer countries, according to the National Agency for Export...

Fighting continues despite completion of peace talks

Fighting continues despite completion of peace talks BANDA ACEH, Aceh (JP): While talks between Indonesian security forces and Free Aceh Movement (GAM) separatist rebels, aimed at supporting the ongoing ceasefire, were concluded on Thursday, fighting continued in the Aceh province, officials said.

State defense bill submitted to DPR

State defense bill submitted to DPR JAKARTA (JP): Coordinating Minister for Political, Social and Security Affairs Susilo Bambang Yudhoyono on Thursday submitted to the House of Representatives a new defense bill to replace Law No.20/1982 on National Defense and Security Guidelines.

Chess body set up to groom national team

Chess body set up to groom national team JAKARTA (JP): A special body to pick up and groom chess players for the national team was set up in January, according to national men's chess player Utut Adianto.

Good planning for East Timor

Good planning for East Timor This refers to the letter from Mr. D. Chandramouli, which appeared in The Jakarta Post on Feb. 24, 2001. I entirely agree with him that the people of East Timor have to get their priorities right.

Court undecided over IFC bankruptcy plea

Court undecided over IFC bankruptcy plea JAKARTA (JP): The Supreme Court has yet to decide over the International Finance Corporation's (IFC) bankruptcy appeal against financing company PT Panca Overseas Finance (POF), after IFC lost a bankruptcy case at the Jakarta Commercial Court.

Indonesia needs no foreign military intervention, Hoon says

Indonesia needs no foreign military intervention, Hoon says KUALA LUMPUR (AP): The defense ministers of Britain and Malaysia pledged moral support to help Indonesia through current crises of political turmoil and ethnic violence, but ruled out the need for foreign military intervention.

Rupiah Rates March 01

Rupiah Rates March 01 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 9,335.00 10,335.00 9,786.00 9,884.00Australian dollar 1 4,913.01 5,444.48 5,150.37 5,206.89Austrian schilling 1 626.71 694.22 656.98 663.92Belgian franc 1 213.78 236.80 224.10 226.

Eurico's trial adjourned

Eurico's trial adjourned JAKARTA (JP): The trial of former East Timor militia leader Eurico Guterres was adjourned on Thursday after two high ranking police witnesses failed to appear in the North Jakarta District Court.Former East Nusa Tenggara police chief Brig. Gen.

RSCM refuses to treat patient

RSCM refuses to treat patient JAKARTA (JP): City councillor Yusuf A.R. deplored the conduct of the Cipto Mangunkusumo General Hospital (RSCM) on Thursday for refusing to conduct eye surgery on a former councillor because the patient could not afford the down payment.

Is a life on stage really child's play?

Is a life on stage really child's play? JAKARTA (JP): The tension tells in Helmi Yahya's voice. It is obviously a question he has answered before, and one he dislikes, but which inevitably he will be asked again.

House agrees to sale of Bank Niaga and BCA shares

House agrees to sale of Bank Niaga and BCA shares JAKARTA (JP): The House of Representatives commission IX on state budget and finance finally agreed with the government on Thursday to divest 40 percent of its ownership in Bank Central Asia (BCA), and 51 percent in Bank Niaga sometime in the middle...

Norway, RI sign agreement

Norway, RI sign agreement JAKARTA (JP): The Indonesian and Norwegian governments signed an agreement on Thursday to cooperate in environmental projects worth 20 million Norwegian krones (US$2.2 million).

Reconciling civilian-military gap

Reconciling civilian-military gapBy Kusnanto Anggoro JAKARTA (JP): In developed democracies, scholars of civil- military relations have reached a consensus on how civilian elite and military officers should engage in working relations.

Street vendors relocated

Street vendors relocated JAKARTA (JP): At least 70 street vendors currently operating along Jl. Bulevar Raya and Jl. Mandiri in Kelapa Gading residential complex in North Jakarta will be relocated soon, a city official said on Thursday.

Padang lacking kerosene

Padang lacking kerosene PADANG, West Sumatra: The disappearance of kerosene from the West Sumatra capital of Padang is still unresolved, prompting complaints from residents about the fuel's increasing price.

West Timorese should be included in Timor Gap Treaty talks: NGO

West Timorese should be included in Timor Gap Treaty talks: NGO JAKARTA (JP): The West Timor Care Foundation (YPTB) demanded on Thursday that West Timorese be included in talks related to the Timor Gap treaty both at national and international levels.

Private schools exempted from exam fee

Private schools exempted from exam fee JAKARTA (JP): The City Administration finally stated on Thursday that all elementary school students in the capital will not be required to pay fees for this year's state final exams.

TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Music 9:00 Women's Program 10:00 Music 11:00 Talk Show 12:00 p.m. Interval 3:00 News 3:30 Documentary 4:00 Children's Program 5:00 News 5:30 Religious Teachings 6:00 Village News 7:00 Evening News 8:00 Traditional Drama 9:00 Music 10:00 News...

IBRA sues PT Dharmala

IBRA sues PT Dharmala JAKARTA (AFX-ASIA): The Indonesian Bank Restructuring Agency (IBRA) has filed a bankruptcy suit against PT Dharmala, a company owning a stake in now bankrupt PT Dharmala Sakti Sejahtera, for an alleged Rp 28 billion in unpaid matured debts, said a lawyer.

'Don't oust President while away'

'Don't oust President while away' JAKARTA (JP): Army Chief of Staff Gen. Endriartono Sutarto warned people on Thursday not to seize the opportunity of overthrowing President Abdurrahman Wahid while the state leader is away on his overseas trip.

Ginandjar, Sudjana named suspects in oil scandal

Ginandjar, Sudjana named suspects in oil scandal JAKARTA (JP): The Attorney General's Office (AGO) on Thursday named former minister of mines and energy Ginandjar Kartasasmita and his successor IB Sudjana, as suspects in corruption cases involving state oil and gas company Pertamina, which...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March.1, 2001: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo Tbk 1,750 -25 296,500 Adindo Foresta 120 0 0 AGIS Tbk 195 0 253,000 Alakasa 145 0 0 Alfa Retailindo 950...

Free anthrax vaccines for Jakarta livestock

Free anthrax vaccines for Jakarta livestock JAKARTA (JP): The city administration has begun free vaccination for all livestock in the capital, except for those on sale for the Idul Adha Islamic Day of Sacrifice, an official said on Thursday.

March 1, 1949 history corrected

March 1, 1949 history corrected YOGYAKARTA (JP): A book was launched here yesterday to rectify the history of the March 1, 1949 general attack in Yogyakarta, wiping out the 32-year-old belief that then Lt. Col. Soeharto was the initiator of the attack known as Serangan Oemoem 1 Maret.

Former child stars say it was fun while it lasted

Former child stars say it was fun while it lastedBy Bruce Emond JAKARTA (JP): When you are 33 and the mother of three, being called "Cinderella" can be a bit much at times.Ask Ira Maya Sopha, the onetime child star who became known as the girl with the glass slipper to a generation of Indonesians...

Bank Indonesia forex ruling hurts local hedging market

Bank Indonesia forex ruling hurts local hedging market JAKARTA (JP): Bank Indonesia's ban on offshore forward transactions has eliminated the ability of local companies to protect their dollar borrowings as most local banks are still too weak to offer large hedging transactions, an executive at a...

Ajinomoto resumes production in East Java

Ajinomoto resumes production in East Java MOJOKERTO, East Java (JP): Giant manufacturer of flavor enhancer, PT Ajinomoto Indonesia, resumed production at its main factory here on Thursday, following the issuance of a halal label for its products by the Indonesian Ulemas Council (MUI) on Feb. 19.

Three prosecutors punished for bribery

Three prosecutors punished for bribery JAKARTA (JP): Three state prosecutors have been found guilty of taking hundred-million rupiah bribes while handling preliminary investigations of a corruption case involving former president Soeharto's eldest daughter Siti Hardijanti "Tutut" Rukmana.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Painting Hanafi 2001, Galeri Minima - Maxima, Jl. Sultan Iskandar Muda 88D, Arteri Pondok Indah, 10:30 a.m. to 6:30 p.m., until March 20. * Photo: Light and Shadow, Galeri Foto Cahya, Wisma Surya Kemang, Jl. Kemang Raya no. 33, South Jakarta, 10 a.m. to 8 p.m.

Land ownership permits to be simplified

Land ownership permits to be simplified JAKARTA (JP): Public consultation hearings on a revision of the 1960 Agrarian Law began here on Thursday to, among other things, help simplify the procedures and permits involved in land ownership.

Nightspots defy warnings

Nightspots defy warnings TANGERANG (JP): A number of shop houses here have been operating as entertainment centers despite the mayoralty administration reprimanding the owners for violating their business licenses.

Gus Dur's sweet victory

Gus Dur's sweet victory As I was sleeping I dreamed that I heard President Abdurrahman "Gus Dur" Wahid laughing loudly. He was reading an article in The Jakarta Post March 1, 2001, Page 1 Gus Dur urged to cut short overseas trip.

Robbers snatch meal allowance cash

Robbers snatch meal allowance cash BOGOR (JP): Armed with a pistol, two men robbed Rp 48 million (US$4,900) in cash from employees of Palang Merah Indonesia Hospital on Thursday, just as they arrived from the bank where they had withdrawn the money.

100 players take part in Silatama, Silataruna

100 players take part in Silatama, Silataruna JAKARTA (JP): The Table Tennis Main Circuit (Silatama) and the Table Tennis Youth Circuit (Silataruna) commenced on Thursday at the Bulungan Sports Hall in Blok M area, South Jakarta.

Soeharto signed Goro land deal, says Ricardo

Soeharto signed Goro land deal, says Ricardo JAKARTA (JP): Ricardo Gelael, executive of PT Goro Batara Sakti, testified at the South Jakarta District Court on Thursday that former president Soeharto himself had approved the land exchange transaction between his company and the State Logistics...

Regional mining autonomy

Regional mining autonomy The government will soon end the lingering legal limbo about the mining industry with a firm ruling that will vest local administrations with authority over mining resources, except the hydrocarbon industry, which will stay under the control of central government.

Goodyear to charge rubber producers

Goodyear to charge rubber producers BANGKOK (Dow Jones): Goodyear Tire and Rubber Co., the world's leading tire maker, recently sent a letter to its rubber suppliers indicating that they must assume responsibility for any damage caused by defective products made from low-quality raw material, Wate...

Civil emergency seen as unlikely in Sampit

Civil emergency seen as unlikely in Sampit JAKARTA (JP): Upon her return to Jakarta after her brief visit to the riot-torn towns of Sampit and Palangkaraya, Central Kalimantan, Vice President Megawati Soekarnoputri said on Thursday that the imposition of a state of civil emergency in the troubled...

TNI should be given more authority to maintain security

TNI should be given more authority to maintain security JAKARTA (JP): In an effort to prevent the country from crumbling, the Indonesian Military (TNI) should be given more room to help maintain security nationwide, Army Chief of Staff Gen. Endriartono Sutarto said on Thursday.

Eying all the action at Mata Bar

Eying all the action at Mata Bar JAKARTA (JP): On the lookout for a little after-hours fun smack in the middle of the CBD? Then you may find it in Mata Bar, which can be something for everyone, depending on what time you visit.Location: Located on the 16th floor of Wisma Metropolitan II, Jl. Jend.

Lippo has new commissioners

Lippo has new commissioners JAKARTA (JP): The extraordinary shareholders meeting of publicly listed Lippo Bank appointed on Thursday four new commissioners as part of installing a more independent board of commissioners.