Indonesian Political, Business & Finance News

Archive: 23 March 2001

61 articles found

Operations against GAM

Operations against GAM From Media Indonesia What will become of Aceh following the government's declaration that the Free Aceh Movement (GAM) is a separatist movement which must be crushed? Crushing GAM clearly means launching military operations, which also means declaring Aceh to be in a state of military emergency, which will undoubtedly cause wives to lose their husbands, or husbands to lose their wives, children to lose their parent(s) and parents to lose their children.

Two climbers evacuated while one feared dead

Two climbers evacuated while one feared dead BOGOR (JP): One of seven mountaineers who fell into a ravine in Salak mountain here on Friday last week was feared dead, while the other four have not yet been evacuated, an official said on Thursday. Yusuf Badar, the coordinator of Sukamantri forest tourism area, said that one mountaineer, identified as Iman, 28, was feared dead as he had not yet been located since the fall.

AFC applauds host PSM Makassar

AFC applauds host PSM Makassar MAKASSAR, Sulawesi Selatan (JP): The Asian Football Confederation (AFC) praised host PSM Makassar at its debut staging of the Asian Champions' Cup quarterfinals, East Asia zone, at the Mattoangin Stadium starting on Wednesday. "It is really unbelievable.

Asiatravel to list shares

Asiatravel to list shares SINGAPORE (Dow Jones): Asiatravel.com, an Internet hotel and travel reservations company, Thursday said it has received in- principle approval to list on the junior board of the Singapore Exchange. The Singapore-based company announced in a separate press statement it has issued a 12 percent stake to cable television company STAR Group Ltd., a wholly owned unit of Australian media company News Corp. In return, STAR has issued a 12 percent stake in its unit, STAR-Travel.

Ginandjar refuses to answer summons

Ginandjar refuses to answer summons JAKARTA (JP): A deputy speaker of the People's Consultative Assembly, Ginandjar Kartasasmita, a retired three-star Air Force general, turned down the summons of the Attorney General's Office on Thursday as approval from the Indonesian Military commander for his questioning in connection with a corruption case had not been issued.

TV today

TV today TVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Music 9:00 Computer 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 Show 9:30 Music 10:00 News 11:00 TV Drama Program 2 5:30 p.m. Music 6:30 City News 7:00 Music 7:30 News (in English) 8:30 Documentary TPI 5:30 a.m.

Politicians have yet to learn to follow the rules of the game

Politicians have yet to learn to follow the rules of the game Concerns have been raised over the future of the 30 million- strong Islamic organization Nahdlatul Ulama, known for its well- established schools. Once led by Abdurrahman Wahid before he became President, it seems more difficult for NU to stick to its 1926 creed, renewed in 1984, as a non-political organization.

Inciting violence

Inciting violence Why are activists of the Islamic Defenders Front (FPI) allowed time after time to get away with violence and incitement to violence? The banners that they reportedly displayed at the Hotel Indonesia roundabout on Sunday, March 18, are plain, straightforward incitements to murder. "We will behead communists" is palpably criminal. Why were no arrests made. What these people mean of course is that they will kill anybody they believe to be a communist, irrespective of the evidence.

Police are chasing four men for Rp 100m robbery

Police are chasing four men for Rp 100m robbery JAKARTA (JP): Bogor Police are pursuing four people in connection with the shooting of a man during the armed robbery of Rp 100 million (US$10,000) on Jl. Baru Ciheuleut in Sawah village, East Bogor, on Wednesday afternoon. East Bogor police chief First. Insp. Budi Setiono identified the victim as Syaheri, 45, the driver of Junaedi, a clove dealer whose money was stolen. "Syaheri was shot in the right arm and stomach.

Pertamina may take over ExxonMobil's gas fields

Pertamina may take over ExxonMobil's gas fields JAKARTA (JP): State oil and gas company Pertamina indicated on Thursday that it might take over the operation of the gas fields in Arun, Aceh, owned by the Indonesian subsidiary of American energy giant ExxonMobil, if the latter maintained its refusal to recommence production in the fields.

Armed robbers make off with Rp 150m in Yogyakarta

Armed robbers make off with Rp 150m in Yogyakarta YOGYAKARTA (JP): An armed robbery took place in broad daylight in Yogyakarta -- the sixth this year -- when robbers shot a victim and got away with Rp 150 million in cash on one of the busiest thoroughfares in the city, just 50 meters away from a police station. The Jakarta Post who happened to be around the accident site on Jl.

Security concerns cast doubt over Gus Dur's Aceh visit

Security concerns cast doubt over Gus Dur's Aceh visit JAKARTA (JP): While President Abdurrahman Wahid's plan to visit Australia next month is going full steam ahead, a much shorter trip to the restive province of Aceh has become increasingly in doubt. Foreign Minister Alwi Shihab said on Thursday the decision to go ahead with the trip to Aceh, scheduled for Tuesday, would depend on the assessment of the local situation from the province's governor.

Stock quotations on JSX

Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on March 22, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 1,475 -50 41,000 Adindo Foresta 95 0 96,000 AGIS 175 0 2,063,000 Alakasa 140 0 0 Alfa Retailindo 1,300 0 435,000 Alter Abadi 90 0 0 Alumindo Light 600 0 0 Andhi Chandra 1,850 -25 76,000 Aneka Kimia Raya 220 0 0 Aneka Tambang 800 -25 633,000 Anwar Sierad 300 0 0 Apac Citra 285 -15 38,500...

Banpu makes $54m loan to RI coal firm

Banpu makes $54m loan to RI coal firm BANGKOK (Dow Jones): Thai coal company Banpu PCL on Thursday said it's Singaporean unit has made a US$54 million convertible loan to Indonesia's PT Centralink Wisesa International. In a filing to the Stock Exchange of Thailand, Banpu said its wholly-owned Banpu Minerals (Singapore) Ltd. unit on March 21 made the loan to support Centralink's bid to buy shares in two companies that operate four coal mines in Indonesia.

Bomb found in Pasar Nangka

Bomb found in Pasar Nangka JAKARTA (JP): The National Police bomb squad disarmed a bomb that was discovered on Thursday by an employee of the City Sanitation Agency in Pasar Nangka in Senen, Central Jakarta. Central Jakarta Police chief of operational control Comr. Paulus Waterpauw said the bomb was manufactured in 1984. "It was found by a cleaner, Aryo, at about 1 p.m.

An Indonesia sans government?

An Indonesia sans government? From Republika It must always be borne in mind that a government is a regime that the people contract with (and pay dearly) for their services in the interests of the people in order to reach the goal of being an advanced, modern and highly civilized nation upholding noble ethics; a nation that will lead the world. What has happened to Indonesia now?

Sultan of Brunei wins backing

Sultan of Brunei wins backing KUALA LUMPUR (Bernama): More than 50 member countries of the International Badminton Federation (IBF), holding 70 percent of the total votes, have come out in support of Sultan Hassanal Bolkiah of Brunei who has been nominated for the presidency of the sport's world governing body. They include badminton powers like Indonesia, China, Denmark, South Korea and Malaysia, which have five votes each for the election to be held in Seville, Spain, on June 3.

USAID donates money for Maluku

USAID donates money for Maluku JAKARTA: The United States Agency for International Development (USAID) is providing US$309,000 to purchase and ship building materials to several riot-torn regencies in North Maluku. The materials, slated to arrive in North Maluku in mid-April, will be shipped to Galela, Tobelo, Jailolo, Sahu, Malifut, Kao and Bacan regencies, a statement from the U.S. Embassy said on Thursday.

Observers warn of possible military comeback in politics

Observers warn of possible military comeback in politics JAKARTA (JP): Observers warned on Thursday that civilian politicians' weaknesses in leading the country will provide the opportunity for the military to reclaim their place as the country's leaders. "The civilian politicians' weaknesses will lead the military to enter the political arena again.

Bandung to host art song recital

Bandung to host art song recital BANDUNG: The Art Song Recital 2001 will be held every Friday in March and April in the Ramayana Room of the Grand Hotel Preanger on Jl. Asia Afrika. The event also will make a stop at Jakarta's Erasmus Huis on March 28. In the first concert in Bandung, baritone Joseph Kristianto and pianist Iswargia R. Sudarno will perform Beethoven's An die ferne Geliebte and Schumann's Love Songs. "We are planning to organize the concert annually," Iswargia said.

IBRA selling its dollars to help stabilize rupiah

IBRA selling its dollars to help stabilize rupiah JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) has started converting its dollars into rupiah in a bid to help stabilize the beleaguered local currency. Minister of Finance Prijadi Praptosuhardjo said on Thursday that the agency sold around US$17 million last week.

'LUKA' examines wounds in RI society

'LUKA' examines wounds in RI society By Lauren Bain JAKARTA (JP): Down a narrow street in Cikini, Central Jakarta, the rehearsal studio is nightclub-hot and gymnasium-sweaty. A huge white screen divides the space, a canvas for enormous shadows of serpentine bodies, climbing and crawling all over each other. Colored lights flash around the room, deliberately disorientating and distorting; music, like a nightmare soundtrack, thumps out into the street and beyond.

Soeripto to clarify Gus Dur's charges

Soeripto to clarify Gus Dur's charges JAKARTA (JP): Secretary-general of the Ministry of Forestry Soeripto is to meet with National Police chief Gen. Surojo Bimantoro in the next few days to clarify accusations made against him by President Abdurrahman "Gus Dur" Wahid.

A woman president

A woman president From Gatra After attending an amicable settlement of the Tanjung Priok case on March 7, Nurcholish Madjid, a noted Muslim intellectual, said that most ulemas, (Muslim religious teacher or scholar), did not raise any questions about a woman assuming the presidency. This is a strange statement indeed. All Islamic schools of thought -- Maliki, Hanafi, Syafii and Hambali -- state that a leader must be male. Experts like Al Ghazali and Al Mawardi are also of the same opinion. Prof.

Designer Harry Darsono turns home into museum

Designer Harry Darsono turns home into museum By Mehru Jaffer JAKARTA (JP): A few years ago, a short circuit caused a terrible fire in the South Jakarta home of fashion designer Harry Darsono. Many a precious possession was destroyed as the walls of the building caved in. But in the midst of the ruins the eclectic designer discovered his entire collection of costumes peeping out of the debris.

Italian theater gets a showing

Italian theater gets a showing JAKARTA (JP): A troupe of Italian theater performers is set to bring the sights and sounds of Venice to the city over the weekend. Koron Tle, exponents of Commedia D'ell Arte, will perform at Hotel Borobudur in Central Jakarta in a show opening its weeklong Venetian Food Festival on Saturday night, and in a workshop and performance Teater Utan Kayu on Tuesday.

Gas bonds won't cure RI debt woes

Gas bonds won't cure RI debt woes SINGAPORE (Reuters): With the Paris Club deadline looming and relations with the International Monetary Fund still frosty, Indonesia is looking for new ways to raise cash. But its proposal of a $500 million bond issue backed by gas sales to Singapore has raised eyebrows. Why should a country with debt of over 100 percent of gross domestic product want to raise more, expensive money?

Trial of bombing suspects begins

Trial of bombing suspects begins BANDUNG: The separate trials of the two main suspects in a Christmas Eve bombing here began at the Bandung District Court on Thursday. The defendants, Aceng Suhari and Iqbal, have been charged with violating Emergency Law No. 12/1951, which carries a maximum sentence of death, and Article 188 of the Criminal Code, which carries a maximum sentence of five years in prison.

Analysts concerned by RI's debts

Analysts concerned by RI's debts JAKARTA (JP): The Brussels-based International Crisis Group (ICG) is concerned about Indonesia's limited capacity to reduce its huge public debts (foreign and domestic) which have reached US$154 billion, which is equal to the country's gross domestic product.

Local firms unsure about e-commerce

Local firms unsure about e-commerce JAKARTA (JP): Indonesian business-to-business (B2B) e-commerce providers are still facing difficulties surviving due to the lack of interest from the local business community in conducting business through the Internet, a research made by PT Boston Consulting Indonesia shows.

Prosecutor wants one-year prison sentence for Eurico

Prosecutor wants one-year prison sentence for Eurico JAKARTA (JP): Prosecutors asked the court on Thursday to sentence East Timorese militia leader Eurico Guterres to one year in prison for instigating violence. Chief prosecutor Hamka Minhadj told the North Jakarta District Court on Thursday that Eurico was guilty of provoking an assault on authorities during a Sept. 24 incident in Atambua, East Nusa Tenggara.

VP calls for end to Kalimantan strife

VP calls for end to Kalimantan strife JAKARTA (JP): Vice President Megawati Soekarnoputri called on Thursday for an end to communal clashes between Dayaks and Madurese settlers in Central Kalimantan towns, which have left more than 400 dead in the past month. "Enough is enough and the violence that has victimized too many people in the regions must not continue," Megawati said at the end of one-day peace talks here between representatives of the Dayak and Madurese communities in Kalimantan.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Painting Journey to the East by Beate E. Renner, Galeri Cipta II, Taman Ismail Marzuki, Jl. Cikini Raya 73, Central Jakarta (Phone: 3140554), 10 a.m. to 9 p.m., until March 28. * Photo: Frida Kahlo and Her Friends, by Lola Alvarez Bravo, La Casa de Mexico, Jl. Panglima Polim III no. 1-3, South Jakarta, 11 a.m. to 6 p.m., until March 28. * Light Ornaments, Erasmus Huis, Jl. H.R. Rasuna Said, Kav S-3, Kuningan, South Jakarta (Phone: 5241069), until March 24.

Anwar's treatment in KL: deputy PM

Anwar's treatment in KL: deputy PM KUALA LUMPUR (Reuters): Back surgery for Malaysia's jailed former finance minister Anwar Ibrahim should be carried out locally and not overseas, Deputy Prime Minister Abdullah Badawi said on Thursday. Anwar, who has been under guard in hospital since late November suffering from a slipped disc, has repeatedly asked to go overseas to have surgery. The government has refused.

Cipinang wardens seek legal action against ex-chief

Cipinang wardens seek legal action against ex-chief JAKARTA (JP): About 100 employees of Cipinang Penitentiary in East Jakarta staged a demonstration at the Ministry of Justice and Human Rights on Thursday to demand legal proceedings against the then chief warden as he should be held responsible for the recent riot in the prison. "(We) demand the accountability of (former) chief warden A.

Angkasa Pura funds roadwork

Angkasa Pura funds roadwork TANGERANG (JP): PT Angkas Pura II, which manages Soekarno- Hatta airport, has provided Rp 20 billion (US$200,000) to help the Tangerang mayoralty administration construct an alternative access route to the airport. Tangerang Mayor Mochammad Thamrin said on Thursday the money would only be used to finance the roadwork.

High bank interest rates

High bank interest rates It appears to be too much to hope that interest rates at banks will decline anywhere in the near future. Does this mean that a second recession will hit this country's economy? That is what many people fear, including investors. That's why they prefer to defer from investing or move their investments elsewhere. However not everybody views Indonesia's economic future with pessimism. The Asian Development Bank, for example, believes that such apprehensions are exaggerated.

RP won't seek tariff concessions: Roxas

RP won't seek tariff concessions: Roxas MANILA (CNI): The Philippines will not ask the Association of Southeast Asian Nations (ASEAN) for the continuation of current tariff rates on petrochemical products until a deal to build the country's first naphtha cracker has been formalized, CNI learned on Tuesday.

Leaders lack wisdom and integrity, scholar says

Leaders lack wisdom and integrity, scholar says SEMARANG (JP): The prolonged crisis hitting the country is a reflection of the leaders' lack of integrity and wisdom, a scholar says.

Intelligence body will secure exam material

Intelligence body will secure exam material JAKARTA (JP): The repeated leaking of National Examination (Ebtanas) material has prompted the Ministry of National Education to seek help from the State Intelligence Coordinating Board. "We will reduce the bureaucracy involved in distributing Ebtanas material and coordinate the printing and security arrangements with the State Intelligence Coordinating Board (BAKIN)," Director General for Primary and Secondary Education Indra Djati Sidi said.

City Inspector pushed to quit, says councilor

City Inspector pushed to quit, says councilor JAKARTA (JP): City Inspector Hendarin was believed to have asked for an early pension since his recommendation to remove senior officials allegedly involved in the Ancol scandal was rejected by Governor Sutiyoso, a councillor said on Thursday. Councillor Abdul Aziz Matnur of the Justice Party felt that by rejecting Hendarin's recommendation, Governor Sutiyoso was not serious in upholding the law and maintaining clean government.

Stop pointless polemics

Stop pointless polemics From Pikiran Rakyat Allow me as a layman to express my hopes for and concerns about this beloved country, which many fallen heroes have defended with their last drop of blood. I would like to call on the members of the political elite -- in the executive and the legislature -- to stop the pointless polemics and mutual denunciations that they engage in the interests of their own particular groups and at the expense of the ordinary people.

President to respond to House censure on March 29

President to respond to House censure on March 29 JAKARTA (JP): The House of Representatives will hold a plenary session on March 29 to hear President Abdurrahman "Gus Dur" Wahid's response to its memorandum of censure. Abdul Kholiq Achmad, the secretary of the National Awakening Party (PKB) faction, said the date of the plenary session was decided on by the House's consultative body during a meeting here on Thursday.

Garuda, PAL sign agreement

Garuda, PAL sign agreement MANILA (Dow Jones): Philippine Airlines Inc. and Garuda Indonesia have entered a code-sharing agreement on flights between Manila and Jakarta, with PAL as the operating carrier. In a statement, PAL said the agreement gives Garuda a seat allocation on each of its four weekly flights on the Manila- Jakarta run. The code sharing starts March 25.

Indonesia wants Japan to explain IT aid pledge

Indonesia wants Japan to explain IT aid pledge JAKARTA (JP): Indonesia is seeking an explanation from the Japanese government about its pledge to provide aid to developing countries to narrow the information and technology (IT) gap.

Change of character!

Change of character! From Rakyat Merdeka It would not require a great deal of complex thought for our leaders to understand the aspirations of the people. The people do not need the total reform the prodemocracy movement has been touting. High-sounding dreams are not necessary if they never translate into reality. What the people need is security and political stability. What is a prodemocracy movement for if it only stirs commotion and spreads animosity among the people?

The apathy of RI financial sector

The apathy of RI financial sector By H.M.T. Oppusunggu JAKARTA (JP): One could be quite baffled by the oddities of Indonesia's economic development since August 1997. For example, the central bank, Bank Indonesia, has turned out to be a major force behind the demolition of the financial sector. Monetary turmoil brought on the downfall of the economy which resulted in drastic drops in income and employment, particularly affecting the silent majority: the poor.

Most Asian currencies tumble

Most Asian currencies tumble SINGAPORE (Dow Jones): The gloom surrounding the Japanese yen sent most Asian currencies reeling late Thursday, with the Thai baht and the Singapore dollar slumping to their lowest levels since the first quarter of 1998. The South Korean won fell to it's weakest level since early November 1998. The Philippine peso and the New Taiwan dollar were also dragged lower.

Rupiah rate March 22

Rupiah rate March 22 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

Megawati urged to quit post, open way for general election

Megawati urged to quit post, open way for general election JAKARTA (JP): Given the continued struggle between the President and the House of Representatives, Vice President Megawati Soekarnoputri should leave the government to open the way for a general election, noted economist Sjahrir said on Thursday.

Can new style of Thai diplomacy work?

Can new style of Thai diplomacy work? By Suthichai Yoon BANGKOK: There is nothing wrong with resorting to "megaphone diplomacy" if it gets two neighbors to move on to the next stage of "personal diplomacy". And there is nothing wrong with "personal diplomacy" if it doesn't end up in the form of logging concessions, hotel construction contracts or fishing permits granted to individuals from our side of the border.

Indonesian palm oil producers look overseas

Indonesian palm oil producers look overseas JAKARTA (Reuters): Indonesia's palm oil exporters have no choice but to sell their products overseas and at prices below Malaysia's because of poor domestic demand, industry sources said on Thursday. Rising prices of refined, bleached and deodorized (RBD) palm olein, which is used as cooking oil, compared with crude degummed soyoil are reducing Malaysia's chance to attract more buyers from its main markets, such as India, Pakistan and China.

SE Asia near to anti-haze deal: UN

SE Asia near to anti-haze deal: UN BANGKOK (AFP): Southeast Asian nations are closer to reaching a cross-border agreement on preventing haze pollution after a three-day meeting in Malaysia, the United Nations Environment Programme (UNEP) said on Thursday. "The meeting made good progress in reviewing the draft agreement and identifying the key issues. The general contours of the agreement have become clearer," the UNEP said in a statement after the talks wrapped up Wednesday.

City does not plan to recruit staff

City does not plan to recruit staff JAKARTA (JP): The city administration will not recruit new employees for several years because of the 36,800 new staff it has received as a result of regional autonomy. Governor Sutiyoso made the statement during a ceremony to welcome 34,545 new city employees who were transferred from seven of the city's ministry and state minister offices. The ceremony was held near the National Monument on Thursday.

Students benefit from industry program

Students benefit from industry program CIKARANG, West Java (JP): Some 170 students of Pasir Sari 04 elementary school near the Cikarang Baru industrial estate in Bekasi regency are enjoying newly renovated classrooms thanks to a program funded by industry. The students' classes had been held in houses in the neighborhood since early last November while reconstruction of their dilapidated school building was carried out.

Taiwan shuts out RI at baseball tourney

Taiwan shuts out RI at baseball tourney TAIPEI (Agencies): Host Chinese Taipei blanked Indonesia 16-0 to record its third straight victory in the fourth day preliminary rounds of the 21st Asian Baseball Championship in suburban Taipei. Chinese Taipei pitcher Chuang Ming-liang had a good performance, completely blocking out the Indonesian batting power during the seven innings of play. During the seven inning, Chuang gave the Indonesian team three safe hits with nine striking out without a loss.

Abdurrahman's Australian trip

Abdurrahman's Australian trip It is not often that one hears of President Abdurrahman Wahid altering his overseas travel itinerary in the face of criticism. His decision, therefore, to cut short his upcoming visit to Australia, even if only by a few days, is something that Indonesians would do well to appreciate.

Kosambi barred from industry

Kosambi barred from industry TANGERANG (JP): Kosambi district was designed for warehouse developments, not as industrial estate, as stipulated in the Tangerang regency spatial planning regulations, local administration spokesman Machdiar said recently. "So we urge businessmen who have built factories in Kosambi to move to other areas," Machdiar told reporters. He was responding to local councillors who discovered during a recent visit to Kosambi that some warehouses were being used as factories.

Rules on governor accountability are contradictory

Rules on governor accountability are contradictory JAKARTA (JP): Law experts called for a judicial review of Government Regulation (PP) 108/2000 on a governor's accountability, amid the objections and claims that it contradicts Law No. 22/1999 on regional autonomy. "I suggest parties who oppose PP 108/2000 propose a judicial review to the Supreme Court to examine the regulation," Constitutional Law professor Jimly Asshidiqie said in a seminar here on Thursday.

Groups try to prolong clashes amid new attacks in Malaysia

Groups try to prolong clashes amid new attacks in Malaysia SHAH ADAM, Malaysia (Agencies): Malaysian police on Thursday said unknown groups of attackers were attempting to prolong recent ethnic violence in the wake of four fresh attacks on minority Indians. "There are certain people who want this to drag on and to create instability in the country," Selangor state police chief Nik Ismail Nik Yusuf told reporters.

Students protest expulsions

Students protest expulsions PURWOKERTO, Central Java: Some 100 students from Jendral Soedirman University protested against the expulsion of 300 students for various administrative and academic violations. "We object to the decision. It is unfair," shouted one of the protesters. Rector Rubiyanto Misman said the university was forced to expel the students because of serious breaches of academic and administrative regulations.