Indonesian Political, Business & Finance News

Archive: 21 March 2001

68 articles found

Company demands ministry Rp 1,000

Company demands ministry Rp 1,000 JAKARTA (JP): The State Administrative Court on Tuesday adjourned until next Wednesday the trial of a dispute between the Ministry of Health and Social Affairs and promotion company PT Cahaya Kristal Media Utama (CKMU) after both parties refused to respond to each...

RI under review for laxity in fighting money laundering

RI under review for laxity in fighting money laundering JAKARTA (JP): Indonesia is being investigated by an international antimoney laundering body for not doing enough to curb the flow of dirty money into the country, a senior official of the central bank said here on Tuesday.

Arroyo blasts corruption

Arroyo blasts corruption MANILA (Reuters): Philippine President Gloria Macapagal Arroyo urged government officials and employees on Tuesday to launch what she called a moral revolution to stamp out corruption.

SIC told to provide cheaper tickets

SIC told to provide cheaper tickets KUALA LUMPUR (AFP): Malaysia's sports minister Tuesday urged organizers of the Formula One race here to make tickets cheaper by providing more seats for spectators.The Sepang International Circuit (SIC) could make up for the cheaper tickets by expanding the...

What Americans want for Indonesia

What Americans want for IndonesiaBy A.M. Hendropriyono JAKARTA (JP): The Washington Post editorial of March 2, "Judging Indonesia" was of interest given the potential of a leading daily in shaping public opinion in the United States.

U.S. Dollar Rates March.20

U.S. Dollar Rates March.20 Latest Previous %Change Yen 122.64-65 122.90-98 -0.21Euro* 0.9023-25 0.8988-93 +0.39Sterling 1.4308-18 1.4250-60 +0.41Swiss Franc 1.6976-86 1.7050-60 -0.43Canadian Dollar* 1.5636-41 1.5664-74 -0.18Australian Dollar* 0.4984-89 0.4979-84 +0.10New Zealand Dollar 0.4157-67 0.

Dede hopes to grab GM Norm title

Dede hopes to grab GM Norm title JAKARTA (JP): Indonesia's young and hopeful chess player, International Master (MI) Dede Liu, expressed hope of being able to grab the Grand Master (GM) Norm title at the Wotulo Memorial International Grand Master Chess Tournament this week.

RI to go ahead with military operation in Aceh

RI to go ahead with military operation in Aceh JAKARTA (JP): Indonesian Military Commander Adm. Widodo A.S. said on Tuesday a limited military operation in Aceh was necessary because the police could no longer handle security disturbances in the province.

New warning to Indonesia

New warning to Indonesia After the rebuke from the Manila-based Asian Development Bank (ADB) last week, all three multilateral development agencies that have been playing an important role in backing Indonesia's desperate bid to get out of its economic crisis have expressed utter disappointment...

Golkar's dissolution legally unacceptable

Golkar's dissolution legally unacceptable MAKASSAR, South Sulawesi (JP): There is no legal basis for any power in this country to disband the Golkar Party, despite mounting demands for the party's dissolution, prominent lawyer Todung Mulya Lubis said here on Tuesday.

Marines queried over shooting

Marines queried over shooting JAKARTA (JP): Two Marine officers are facing an internal affairs investigation by the Marine Infantry Brigade in Cilandak, South Jakarta, over the shooting of a police officer on Tuesday morning.

Datacraft wins Telkom order

Datacraft wins Telkom order SINGAPORE (AFX-ASIA): Datacraft Asia said it, along with partners NEC Nusantara Communications and Stimec Alita Nasio, obtained a US$6 million contract from PT Telekomunikasi Indonesia (PT Telkom).

Students march for special session

Students march for special session PADANG, West Sumatra: Thousands of students marched to the provincial legislative building on Tuesday calling for an expedited special session of the People's Consultative Assembly to impeach President Abdurrahman Wahid.

Legislators go on the attack again

Legislators go on the attack again JAKARTA (JP): The wave of recriminations against President Abdurrahman Wahid further increased on Tuesday when a petition signed by 151 legislators was submitted, charging that the President had violated the State Guidelines.

Asia GDP forecasts cut as U.S. economic beacon dims

Asia GDP forecasts cut as U.S. economic beacon dims SINGAPORE (Reuters): Economists have pared growth forecasts for Asia as its number one customer, the United States, takes a cyclical downturn after a decade of growth and as demand for electronic goods withers in the post-internet-mania era,...

Shuttler Ellen resigns from national squad

Shuttler Ellen resigns from national squad JAKARTA (JP): Following her poor performance at the All England Championships two weeks ago, Indonesia's number two women's shuttler, Ellen Angelina, resigned from the Indonesian Badminton Center.

Identifying the problem of congenital heart disease

Identifying the problem of congenital heart disease Heart disease is not only a condition of the aged -- children can also have congenital or acquired heart disease. The Jakarta Post's regular contributor on pediatrics Dr.

KL gives $10m palm oil credit to Cuba

KL gives $10m palm oil credit to Cuba KUALA LUMPUR (AFP): Malaysia will extend US$10 million in credit to Cuba to purchase its palmoil over the next 14 months, a report said on Tuesday.The primary industries ministry signed a memorandum of understanding to provide the credit facility to a Cuban...

Ethnic Indians protest racial violence in KL

Ethnic Indians protest racial violence in KL KUALA LUMPUR (Agencies): Nearly 200 ethnic Indian activists demonstrated outside parliament on Tuesday, declaring Prime Minister Mahathir Mohamad responsible for recent ethnic clashes that were Malaysia's worst in three decades.

Prijadi says Guthrie transaction final

Prijadi says Guthrie transaction final JAKARTA (JP): Finance Minister Prijadi Praptosuhardjo reiterated on Tuesday that the sale of 25 palm oil plantations by the Indonesian Bank Restructuring Agency (IBRA) to Malaysia's Kumpulan Guthrie Bhd. was already final.

Police search for three men over train bombing

Police search for three men over train bombing JAKARTA (JP): The City Police have distributed rough sketches of three men in connection with the weekend bombing of a railway track in the Tangerang district of Serpong.City Police spokesman Sr. Comr.

RI scraps antidumping duty on steel pipes

RI scraps antidumping duty on steel pipes JAKARTA (JP): Government has decided to remove the antidumping duty imposed on welded steel pipe imports from China, Japan, South Korea and Singapore.The decision was made after the Indonesian Antidumping Committee (KADI) found evidence that petitioners for...

Seoul posts 8.8% GDP growth rate for 2000

Seoul posts 8.8% GDP growth rate for 2000 SEOUL (AFP): South Korea's economy grew 8.8 percent in 2000 despite a marked slowdown in the fourth quarter, the central Bank of Korea (BoK) said Tuesday.The increase in Gross Domestic Product (GDP) last year was down from a rate of 10.

The judiciary mafia

The judiciary mafia The judiciary "mafia" (gang) in Indonesia is like the wind: trees tumble, but it is impossible to catch the wind. And the one party who keeps denying that the wind exists is the government.Monday, though, the denials came to an end.

Mixed doubles seniors concerned for juniors

Mixed doubles seniors concerned for juniors JAKARTA (JP): After a failure in the All England championships, Indonesia mixed doubles senior players expressed concern on their juniors development specially to compete against strong badminton countries athletes in international events in the future.

Govt to build new drug rehab center

Govt to build new drug rehab center JAKARTA (JP): The government will soon build another rehabilitation center for drug addicts in Cibubur, East Jakarta, due to the big increase in patients over the past five years, an official said.

Three men arrested for Rp 100m swindle

Three men arrested for Rp 100m swindle JAKARTA (JP): City police have arrested three men for allegedly using the names of some senior officers to tap money from a number of large companies.City police spokesman Sr. Comr.

Masthai Run to promote SEA Games

Masthai Run to promote SEA Games KOTA BAHARU, Malaysia (Bernama): The Masthai International Run 2001 will be held on April 13 as part of programs to promote the Kuala Lumpur SEA Games 2001 to be held in September.

Elize handed over to prosecutors with tight escort

Elize handed over to prosecutors with tight escort JAKARTA (JP): Tight security marked the hand-over of bomb suspect Elize Maria Tuwahatu from the city police to the Jakarta Provincial Prosecutor's Office on Tuesday.

Rupiah rate March 20

Rupiah rate March 20 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 9,898.00 10,898.00 10,346.00 10,450.00Australian dollar 1 4,939.10 5,443.55 5,162.65 5,219.78Austrian schilling 1 647.38 713.34 676.69 684.02Belgian franc 1 220.83 243.33 230.82 233.

Sapuan sentenced to two years in jail

Sapuan sentenced to two years in jail JAKARTA (JP): The South Jakarta District Court handed down a guilty verdict to the former deputy chairman of the State Logistics Agency (Bulog) Sapuan on Tuesday, sentencing him to two years in jail for his part in a Rp 35 billion (US$3.

Foreign banks develop onshore currency market

Foreign banks develop onshore currency market SINGAPORE (Dow Jones): The demise of the dollar-rupiah cross currency swap market offshore has led several major foreign banks in Jakarta to create an onshore market to trade in dollar-rupiah cross currency and rupiah interest rate swaps, industry...

Govt should be more generous

Govt should be more generousFrom Media IndonesiaIf the government decided to be more generous, life would be more convenient for us. Such generosity, for instance, could be in the form of service to its citizens.

Asian currencies mixed ahead of expected rate cut in U.S.

Asian currencies mixed ahead of expected rate cut in U.S. SINGAPORE (Dow Jones): Asian currencies were mixed late Tuesday, languishing within familiar trading ranges, as participants wondered how aggressively the U.S.

City inspector resigns over Ancol scandal

City inspector resigns over Ancol scandal JAKARTA (JP): City Inspector Hendarin Ono Saleh has submitted his resignation after his recommendation to remove two senior city officials over an overseas travel scandal was rejected.

'Smart card' travel discussed

'Smart card' travel discussed BANGKOK (AFP): ASEAN delegates met here on Tuesday to discuss ways of standardizing immigration laws so that "smart cards" could one day replace passports and visas for member nationals, officials said.

Where to go in Surabaya

Where to go in SurabayaExhibition* Posters: Le Saga du Francais, CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5615246), until March 24.Music and Entertainment * Hotel Majapahit, Mandarin Oriental, Jl.

Bank Indonesia's control of money supply must end

Bank Indonesia's control of money supply must end The rupiah has fallen well beyond the "psychological" limit of Rp 10,000, in what has been called a repetition of the September 1997 scene. An economist at the Australian National University, Ross H.

Felia installed as new IBRA deputy chairwoman

Felia installed as new IBRA deputy chairwoman JAKARTA (JP): Minister of Finance Prijadi Praptosuhardjo installed on Tuesday Felia Salim as the new deputy chairwoman of the Indonesian Bank Restructuring Agency (IBRA) in charge of the restructuring and sale of banks controlled by the agency.

Ade Rai continues competition despite PABBSI threat

Ade Rai continues competition despite PABBSI threat JAKARTA (JP): Indonesia's top bodybuilder Ade Rai will go ahead with the 2001 Siswaraga bodybuilding championships for students on Saturday despite an alleged threat from the Indonesian Weightlifting, Powerlifting and Body Building Association...

Do my young sons need fluoride for their teeth?

Do my young sons need fluoride for their teeth? Dear Dr Donya, I live in Medan and I have two sons, aged 3.5 years and 1.5 years. My elder son brushes his teeth with fluoride toothpaste twice daily. My younger son brushes without toothpaste at the moment.

Chinese Taipei, Japan advance at Asian Baseball Championship

Chinese Taipei, Japan advance at Asian Baseball Championship TAIPEI (Agencies): Both Chinese Taipei and Japan advanced Tuesday, the second day of the 21st Asian Baseball Championship in Taipei, defeating the Philippines and Indonesia, respectively.

Gunmen fire on choppers carrying minister, reporters

Gunmen fire on choppers carrying minister, reportersBy Johannes Simbolon LHOKSEMAWE, Aceh (JP): Gunmen fired on two helicopters carrying Minister of Energy and Mineral Resources Purnomo Yusgiantoro and other officials inspecting gas and liquefied natural gas (LNG) operations in Aceh on Tuesday.

Asia world of soccer to have Super League

Asia world of soccer to have Super League MAKASSAR, South Sulawesi (JP): The Asian Football Confederation (AFC) announced here on Tuesday that after this year, the Asian Champions Cup and Winners Cup would be staged as the Asian Super League.

1,200 civil servants have no job

1,200 civil servants have no job BANJARMASIN, South Kalimantan: At least 1,200 civil servants posted at the South Kalimantan administration have been out of work since the regional autonomy law was implemented in January.

DHL wins best service award

DHL wins best service award JAKARTA (JP): Courier company DHL Worldwide Express has been named the "Best Express Service" for the 15th consecutive year at the Asia Freight Industry Awards (AFIA) 2001."Winning this award is a tremendous accolade which speaks volumes about our people and their...

Behaving like country bumpkins

Behaving like country bumpkinsFrom Rakyat MerdekaAmien Rais, speaker of the People's Consultative Assembly, was once denied entry to Pasuruan, something which would not have happened, said Nahdlatul Ulama (NU) chairman HM Muzadi, if Amien had lobbied him.

Danone takes control of Aqua

Danone takes control of Aqua PARIS (AFP): French group Danone said Tuesday it had signed a deal with Indonesia's Utomo family to allow it to take control of the bottled water manufacturer Aqua group.The value of the deal, subject to approval by the Indonesian government, was not given.

More hole-in-ones expected in major golf event

More hole-in-ones expected in major golf event JAKARTA (JP): The 2001 Fedex-RPX corporate golf league is expected to produce more hole-in-ones in the event which starts next Friday.The league, organized by Golf Links Indonesia, is to be played on six different golf courses around Jakarta on the...

House endorses bill on RI-HK extradition treaty

House endorses bill on RI-HK extradition treaty JAKARTA (JP): The House of Representatives passed a bill on Tuesday that will allow the administrations of Indonesia and Hong Kong to surrender fugitives pursued by each country.

Shangri-La accused of sabotaging talks

Shangri-La accused of sabotaging talks JAKARTA (JP): The Shangri-La Hotel Independent Workers' Union (SPMS) on Tuesday accused the hotel management of sabotaging tripartite negotiations with the Ministry of Manpower and Transmigration by refusing to deliver an invitation on the talks to the union.

Gus Dur to reply to House censure soon

Gus Dur to reply to House censure soon JAKARTA (JP): President Abdurrahman Wahid said on Tuesday that his reply to the House of Representatives (DPR) memorandum of censure for his alleged involvement in two financial scandals would be ready by the end of March.

TNI chief's approval sought for questioning Ginandjar

TNI chief's approval sought for questioning Ginandjar JAKARTA (JP): Former minister of mines and energy Ginandjar Kartasasmita, a suspect in graft cases involving state oil and gas company Pertamina and a local partner, said on Tuesday that he is awaiting the Indonesian Military (TNI) chief's...

Tuberculosis often a symptom of underlying HIV infection

Tuberculosis often a symptom of underlying HIV infectionBy Chris Green JAKARTA (JP): There is no way to prove it at present, but it appears that tuberculosis (TB) is the most common infection associated with AIDS in this country.

Actor brings Oscar Wilde to Jakarta

Actor brings Oscar Wilde to Jakarta JAKARTA (JP): His name was once a dirty word, sullied by the homosexual scandal which sent him to prison and left him a broken man, but today Irish playwright Oscar Wilde is someone to celebrate.

Indonesia, UK expand ties in marine development

Indonesia, UK expand ties in marine development JAKARTA (JP): The Indonesian and British governments took steps to expand ties in marine development on Tuesday through a number of programs, including the Vessel Monitoring System (VMS) and cooperation in integrated coastal zone management.

Anti-govt websites back online

Anti-govt websites back online KUALA LUMPUR (Reuters): Some Malaysian antigovernment Internet sites reappeared on Tuesday after a three-day absence their United States host said was due to a computer error.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on March 20, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 1,550 -50 70,500 Adindo Foresta 90 -10 73,000 AGIS 170 -5 1,510,500 Alakasa 140 0 0 Alfa...

Spicing things up at Martabak Mesir Kubang

Spicing things up at Martabak Mesir Kubang JAKARTA (JP): The streets are filled with vendors offering that favorite snack-time bite martabak, a rich pancake with either a sweet filling (take your pick from peanuts, cheese, chocolate sprinkles, or a devilish mix of them all) or minced beef or lamb.

The government is slow

The government is slow I must say I am not too far from reality by saying, in some cases, our government is telmi (acronym for telat mikir or slow thinking). This was evident when the government recently declared the Free Aceh Movement (GAM) a separatist group and that the government should act...

Three types of presidents

Three types of presidentsFrom Rakyat MerdekaI almost could not believe my ears when I heard that President Abdurrahman "Gus Dur" Wahid said that if he stepped down, Madura, Aceh and Irian Jaya would secede from the Unitary State of the Republic of Indonesia. It was really exasperating to hear this.

Cop may face 7 years over suspect's death

Cop may face 7 years over suspect's death JAKARTA (JP): The Jakarta Military Court postponed on Tuesday the initial hearing of a police officer responsible for the death of a suspected robber during questioning at South Bekasi Police office on Oct. 7, 1999.As the defendant, Second Adj. Insp.

Akbar defends second memorandum of censure

Akbar defends second memorandum of censure JAKARTA (JP): House of Representatives Speaker Akbar Tandjung defended on Tuesday the move by six House factions to draft a second memorandum of censure before President Abdurrahman Wahid had replied to the first memorandum.

Marubeni's debt restructuring plan rejected

Marubeni's debt restructuring plan rejected JAKARTA (AFP): The Indonesian government has rejected a proposal by Japan's Marubeni Corp to become the single creditor in a debt restructuring deal for petrochemicals company PT Chandra Asri, an official said Tuesday.

Adi Andojo resigns from the anti-corruption team

Adi Andojo resigns from the anti-corruption team JAKARTA (JP): Former deputy chief justice Adi Andojo Soetjipto has resigned from the government-sponsored anti-corruption team, saying that the decision was prompted by the team's failure in taking any major corruption cases to court.

A taste of Italian chic at Prego's restaurant in Blok M

A taste of Italian chic at Prego's restaurant in Blok M JAKARTA (JP): The area near Blok M bus terminal always seems to be a maelstrom of noise, dust and people in a hurry, whatever the time of day. Fortunately there is a refuge near at hand, Prego's, for a pleasant drink or meal in comfortable,...

The Guthrie deal: Land laundering

The Guthrie deal: Land laundering Your editorial Guthrie deal finally closed (March 9, 2001) misses the point somewhat.If (some of) the lands for the plantations were taken without the agreement of the original owners, then the Salim Group never obtained legal title.

China may source LNG from Indonesia and Australia

China may source LNG from Indonesia and Australia BEIJING (Dow Jones): China's decision to invite BP Amoco Plc (BP) to partner China National Offshore Oil Corp. in a US$600 million terminal project has improved the prospects that liquefied natural gas will be sourced from Australia and Indonesia,...