Indonesian Political, Business & Finance News

Archive: 27 March 2001

45 articles found

Plane crash near Sidoardjo

Plane crash near Sidoardjo SURABAYA: Three people died when a Fokker-27 aircraft owned by Merpati Nusantara crashed in the Sampiran area, Sidoardjo, on Monday evening. The plane was on a training exercise when it went down near Djuanda airport, Antara reported. The plane, crewed by pilot Cpt. Uto Titi, copilot David Mantik and mechanic Andi Mulia, was not carrying any passengers.

Gus Dur cancels Australian trip

Gus Dur cancels Australian trip JAKARTA (JP): President Abdurrahman Wahid, who is fighting for his political survival, canceled on Saturday his visit to Australia and New Zealand, planned in early April saying that he needed "to focus more attention on domestic affairs". "The President has decided that he will postpone his visit to Australia until a further timetable is mutually agreed on between Australia and Indonesia," foreign minister Alwi Shihab said.

Megawati's absence

Megawati's absence For some time now many have hoped that President Abdurrahman "Gus Dur" Wahid would be persuaded by members of the Supreme Advisory Council (DPA) and other intellectuals and influential figures in society to hand over power, temporarily, to Vice President Megawati Soekarnoputri, as a way out to the national political crisis. Officially, Gus Dur would be a figure head on sick leave. Megawati would be the actual power holder.

TV today

TV today TVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Music 8:30 Documentary 9:00 Children's Program 10:00 Music 11:00 Talk Show 12:00 p.m. Interval 3:00 News 3:30 TV Series 4:00 Children's Songs 5:00 News 5:30 Economic News 6:00 Village News 6:15 TV Drama 7:00 Evening News 7:30 Talk Show 8:00 Music 9:30 TV Series 10:00 News 11:00 Traditional 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.

Asia marts move higher, Japanese stocks up 4.9%

Asia marts move higher, Japanese stocks up 4.9% SINGAPORE (Reuters): Japanese stocks surged 4.90 percent and other Asian stocks also moved higher on Monday as investors took their cue from Wall Street and went bottom fishing for bombed-out tech stocks. In the short run, analysts said there was more scope for U.S. stocks to gain further and that should underpin a bounce in Asian markets as well. "Short-term call:put ratio (in U.S. stocks) suggests U.S. market is oversold.

Late arrivals need brilliant strategies

Late arrivals need brilliant strategies JAKARTA (JP): History has many times proven that early birds sometimes catch no worms. Not to mention the late ones. But in business, the early birds often get the precious worms, if not chubby ones. Generally, those who come later can only follow, spy or imitate. Only few dare to compete fairly and legitimately.

Food prices hike over strong dollar

Food prices hike over strong dollar JAKARTA (JP): The current U.S. dollar rise against the rupiah has caused an increase in staple food prices here, although supplies of the commodities remain stable. Sugar prices recorded an average 0.16 percent increase this week with prices ranging from Rp 3,700 to Rp 4,000 per kilogram, the city information bureau said on Monday. Prices of beef soared by between 0.16 percent and 0.62 percent to between Rp 35,000 and Rp 38,000 per kilogram.

Officials unable to control street vendors

Officials unable to control street vendors JAKARTA (JP): City public order officials renewed complaints about difficulties they found in eradicating street vendors, long dubbed the source of disorderliness in the capital. "Our officers on the ground find it difficult to deal with the illegal vendors. They can neither be controlled nor empowered," the public order official in charge of social facilities, Toha Reno, said over the weekend.

Most Asian currencies weaker, Singapore dollar hardest hit

Most Asian currencies weaker, Singapore dollar hardest hit SINGAPORE (Dow Jones): Most Asian currencies were weaker late Monday, with the Singapore dollar the hardest hit, even after having recovered from its 38-month lows following confirmation of Singapore Telecommunication Ltd.'s takeover of Australia's Cable & Wireless Optus. The Japanese yen's weakness earlier in the day had cast a shadow on the Thai baht, the South Korean won and the Philippine peso.

New minds for knowledge-based society

New minds for knowledge-based society By Bambang Hidayat Following are excerpts from a paper presented at a seminar on education in Jakarta on March 15, 2001. The seminar was jointly organized by The Asia Foundation, Basis cultural magazine, Kanisius publishing company and The Jakarta Post. JAKARTA (JP): Human society in the 21st century faces the daunting yet inspiring task of forging a relationship with the natural world.

Top rubber growers postpone meeting

Top rubber growers postpone meeting BANGKOK (Bloomberg): Thailand, Indonesia and Malaysia, the world's top three rubber producers, indefinitely postponed a meeting this week to discuss ways of boosting prices as the new Thai government needs time to study a plan which may need state funding, officials said. The meeting was scheduled in Bangkok March 29. The three countries produce four fifths of the world's natural rubber, used to make tires, gloves and condoms.

PT SCM to export Kanzen to Vietnam

PT SCM to export Kanzen to Vietnam JAKARTA (JP): PT Semesta Citra Motorindo (SCM), the producer of Kanzen motorcycles, plans to export part of its engine production to Vietnam. SCM chief commissioner Rini M.S. Soewandi said last week that Vietnamese buyers were committed to buying about 1,000 Kanzen motorcycle engines worth US$150,000 per month. "Vietnam's demand for motorcycles reaches 1.2 million units while local production can only provide 400,000 units.

B.A.T.S. open for business

B.A.T.S. open for business JAKARTA (JP): Bar at the Shangri-La, popularly known as B.A.T.S, will resume operations on Tuesday after being closed for almost three months, following a massive strike conducted by the hotel's employees. To mark its return, the bar will feature Australian band "Crave" to entertain guests with nightly performances from Monday to Thursday (starting 9:30 p.m.) and Friday and Saturday (starting at 10 p.m.).

Regular EBTA to be removed from curriculum

Regular EBTA to be removed from curriculum JAKARTA (JP): Regular examinations (EBTAs) will no longer be mandatory for elementary through to senior high school students as local education administrations will be responsible for evaluating students, officials said on Saturday. "We still use the national examination (Ebtanas) as our national standard to measure quality.

Gus Dur's extravagance

Gus Dur's extravagance Rules are meant to be broken. This time, it is the government which has broken one of its own rules. It is odd that the government's decision to give generous tax breaks to two companies importing more than 400 cars, including some 280 luxury cars, benefits only the importers and the eventual owners of the vehicles. The government, and thus the people, will be worse off by about Rp 140 billion (about US$13 million) according to one estimate.

Sun Microsystems upbeat on Indonesia

Sun Microsystems upbeat on Indonesia By Tantri Yuliandini SINGAPORE (JP): Computer giant Sun Microsystems sees promising opportunities in Indonesia as local, traditional companies start to embrace the Internet, Sun's vice president and managing director for Asia South Lionel Lim said.

South Korea secures two Bontang LNG shipments

South Korea secures two Bontang LNG shipments SEOUL (Dow Jones): South Korea has secured two additional cargoes of liquefied natural gas from Indonesia's Bontang gas field to substitute volumes lost from a supply disruption at Arun gas field, an official at Ministry of Commerce, Industry and Energy said Monday. One 56,000-metric-ton cargo of LNG is scheduled to load from Bontang April 7 and arrive in Pyongtaek April 13.

Time to redefine competitors

Time to redefine competitors JAKARTA (JP): Companies are now facing stiffer competition. Therefore, according to business strategist Rhenald Kasali, companies must be fit to their environment to stay ahead of competition. The Jakarta Post's last week interviewed Rhenald, chairman of the Management Studies Program at the University of Indonesia, to hear his views and suggestions on how companies can survive the tight competition. The following is an excerpt from the interview.

MPR special session can be held 'any time'

MPR special session can be held 'any time' JAKARTA (JP): The People's Consultative Assembly (MPR) could hold a special session to impeach President Abdurrahman Wahid at any time, without the issuance of any warning from the legislature, chairman of the Crescent Star Party (PBB) Yusril Ihza Mahendra said on Monday. "I have previously voiced this opinion of mine to which (Assembly speaker) Amien Rais and the figures of six factions at the Assembly have referred to," he said in Bandung, West Java.

Two killed in separate group clash incidents

Two killed in separate group clash incidents JAKARTA (JP): City police stepped up measures to keep tension at bay on Monday following the death of two people in separate clashes involving people of different ethnic groups. A resident of Jiban alley, Kebayoran Lama in South Jakarta, died from stab wounds in a brawl in Kebayoran Lama traditional market on Monday.

Three suicides in one day

Three suicides in one day YOGYAKARTA: Police here are investigating three separate suicides -- all of them women -- which occurred on Sunday. Two of the women hung themselves while the other jumped into a well. The first case occurred on Jl. Ngadinegaran and was discovered when Sri Sitiyatun, 36, found her sister Yuni Heriawan, 24, hanging from a tree in the front yard.

Man mistakes acid for water

Man mistakes acid for water CIREBON, West Java: Judin, 36, a resident of Kaliwadas village in Weru subdistrict, died on Monday after mistakenly drinking acid which he thought was water. Judin, a craftsman, was having breakfast at his workplace in a local rattan factory when he picked up a glass of what he took to be water from the canteen table. But after he drank it, Judin screamed, vomited and had a seizure. A yellowish foam came out of his mouth, and his lips and several of his teeth cracked.

People power hurts Indonesia's image

People power hurts Indonesia's image As pressure mounts on Indonesian President Abdurrahman Wahid to quit or be impeached, his supporters and detractors have been planning rallies and protests to gather support for their cause. Protesters, including university students, have been agitating for reforms to stamp out corruption, kick-start economic recovery and end communal violence that has claimed thousands of lives and maimed many others.

KL package to boost economy

KL package to boost economy KUALA LUMPUR (AP): The government will announce a string of measures worth several billion ringgit (about US$1 billion) to strengthen Malaysia's economy and cushion the impact of the U.S. financial slowdown, news reports said Monday.

City donates Rp 250m to Korpri

City donates Rp 250m to Korpri JAKARTA (JP): Governor Sutiyoso has decided to donate Rp 250 million (US$25,000) to the foundation belonging to the Civil Servant Corps (Korpri) working for the city administration. Through a gubernatorial decree dated March 13, the fund, which was taken from the current City Budget, was aimed at supporting the foundation's activities.

RP seizes pirated vessel

RP seizes pirated vessel MANILA (AFP): Philippine authorities seized an Indonesian- flagged cargo ship which was hijacked off Singapore and detained seven suspected Indonesian pirates, the coastguard said on Monday. The Inabukwa, which had been repainted and renamed Chugsin, was boarded by the coastguard off the northern Philippine town of Cabugao last Sunday, the transportation department said in a statement.

Only the fit will win

Only the fit will win JAKARTA (JP): During Soeharto's New Order regime, competition was a nonword. Businessmen called fellow entrepreneurs business mitra (partners) rather than competitors, which they actually were. But perhaps they were not completely wrong because competition was then -- by design or otherwise -- stifled. Businesses which grew big on privileges from the power holders, understandably felt reluctant to have other entrepreneurs become their competitors.

Media honored in TB fight

Media honored in TB fight SURAKARTA (JP): In observance of World Tuberculosis Day 2001, the Association of Indonesian Pulmonary Specialists (PDPI) awarded four national daily newspapers -- Kompas, Media Indonesia, The Jakarta Post, and Suara Pembaruan -- for their work in helping to raise awareness about the disease. The awards were presented during a ceremony at the Sahid Raya Hotel here on Saturday by PDPI chairman Tjandra Yoga Aditama.

Farce by political elite

Farce by political elite From Rakyat Merdeka History repeats itself. The people are still mired in misery. Daily commodities have steadily risen in price. Some basic necessities, such as milk and soap, are subject to a high rate of tax as they are considered luxury goods. The price of fuel will again be raised. Meanwhile, the price of unhusked rice has dropped and the rupiah's exchange rate against the United States dollar has likewise slid down to some Rp 10,000 to the dollar.

SingTel wins C&W Optus and looks for more Asian deals

SingTel wins C&W Optus and looks for more Asian deals SINGAPORE (Reuters): Singapore Telecommunications, fresh from winning the battle for Australia's Cable & Wireless Optus for up to A$17.2 billion (US$$8.4 billion), said on Monday it had an appetite for more regional acquisitions. SingTel's victory in the long and arduous battle for Optus was sealed on Sunday when rival Vodafone Plc withdrew its conditional offer, saying the proposed transaction did not meet its return criteria.

Garuda settles 1996 plane crash lawsuit

Garuda settles 1996 plane crash lawsuit TOKYO (AFP): Indonesia's national airline Garuda on Monday reached settlement over a suit for damages filed by families of two of the three people killed in a crash five years ago in southern Japan. PT Garuda Indonesia agreed to pay unspecified amounts of money to the family members, according to the settlement reached at the Fukuoka District Court.

Gold rush hits Vietnam province

Gold rush hits Vietnam province HANOI (DPA): As many as 30,000 illegal gold miners have flooded into a central Vietnam province recently, causing extensive environmental damage to a region inhabited by ethnic minority groups, officials said on Saturday. Quang Tri province's Vinh Linh district is being overwhelmed by itinerant miners from mainly northern provinces in what local police are describing as a "complicated and serious" situation.

TNI needs people's support for Aceh military operation

TNI needs people's support for Aceh military operation JAKARTA (JP): Army Chief of Staff Gen. Endriartono Sutarto said on Saturday that the Indonesian Military (TNI) would need national support prior to conducting a military operation in the troubled Aceh province. "We (the TNI), of course, need political approval to implement the military operation in Aceh. "But national support is needed more to conduct our operation there.

King calls on divided Malay Muslims to unite

King calls on divided Malay Muslims to unite KUALA LUMPUR (Agencies): Malaysia's king on Monday called for the country's Muslims to heal their divisions, lending royal weight to Prime Minister Mahathir Mohamad's call for Malay unity talks with the country's Islamic opposition. Sultan Salahuddin Aziz, the country's constitutional monarch, in a televised address marking the Muslim New Year, said the destruction of the Muslim community, called ummah, must be averted.

U.S. arms embargo blamed for Sampit strife

U.S. arms embargo blamed for Sampit strife JAKARTA (JP): In yet another verbal attack on the United States, Minister of Defense Mahfud M.D. blamed on Monday the arms embargo imposed by the country on Indonesia for hampering the military's ability to quell the recent communal violence in Central Kalimantan, which left more than 400 people killed.

Indonesia's cancer of corruption

Indonesia's cancer of corruption Respected figures such as Indonesian Corruption Watch's Teten Masduki and Australian Newcastle University's George J. Aditjondro would have us believe that, while the focus has shifted from the Functional Group (Golkar) and the Soeharto- entourage to multifarious political parties, corruption is as rampant as ever. The cause of this, they say, is the government's failure to clamp down effectively on political and bureaucratic graft.

Jubilo, Blue Wings advance to Asian Champions semis

Jubilo, Blue Wings advance to Asian Champions semis MAKASSAR, South Sulawesi (JP): Jubilo Iwata of Japan and Samsung Suwon Blue Wings of South Korea advanced to the semifinals of the Asian Champions Cup, representing the East Asian Zone, after the quarterfinals final match at Mattoangin Stadium on Sunday. The semifinals will take place in May in Lebanon. Jubilo will face Pirouzi of Iran while Blue Wings will meet Yrtihs Pavlodar of Kazakhstan.

Power of capital in decentralization

Power of capital in decentralization The following is the first of two articles on cities under decentralization by architect and urban expert Marco Kusumawijaya. JAKARTA (JP): It is not only local aspirations that have led the drive for decentralization. Capitalism in its latest form has an equal interest in encouraging competition among cities and regions, as this will increase the capitalists' respective investment bargaining positions vis-a-vis the host areas.

Good President-TNI relationship sought

Good President-TNI relationship sought JAKARTA (JP): In an effort to help establish peace in the country, the President and the Indonesian Military (TNI) should 'mend their fences', a sociologist said on Saturday. "The security uncertainty nationwide is due to the worsening relationship between the President and TNI. "Currently, the President has no grip over the 'crack instrument', that is TNI.

Striking hotel workers run cafe

Striking hotel workers run cafe By Ahmad Junaidi JAKARTA (JP): If you don't have much money but would like to taste five-star hotel food and beverages, try the Warung Solidaritas (Solidarity Food Stall) which is being run by striking workers of the Shangri-La Hotel. But if you do go to the street cafe, located on Jl. KH. Mas Mansur in front of Batavia Tower, Central Jakarta, at lunch or dinner time, be prepared to be patient and wait for about one hour before receiving your order.

Bandung's mountains being blown to bits

Bandung's mountains being blown to bits Text and photo by Kafil Yamin BANDUNG (JP): Once upon a time, so the story goes, a shaman built a long tunnel to channel water from a gigantic lake to another area. The water flowed through the tunnel and the lake ran dry. It became a new settlement for locals and grew prosperous; it later was called Bandung, today the capital of West Java.

Where to go in Bandung:

Where to go in Bandung: Exhibitions * Handicrafts NTT Traditional Handicrafts, the lobby of Grand Hotel Preanger Bandung, Jl. Asia Afrika No. 81 (Phone: 022 4231631), 9 a.m. to 9 p.m., until March 31. * Video Installation Apa Pareil/Apa Reel?, by Christophorus Ade Desembris, CCF - French Cultural Center, Jl. Purnawarman 32 (Phone:

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 in the interests of their own particular groups and at the expense of the ordinary people.

More evidence of fraud found in Manulife case

More evidence of fraud found in Manulife case JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) says there is growing evidence that the owner of the now defunct PT Dharmala Sakti Sejahtera (DSS), Suyanto Gondokusumo, violated capital market law with the controversial transfer of 40 percent shares in joint venture insurance firm PT Asuransi Jiwa Manulife Indonesia (AJMI) to a Hong Kong-based company.

Local seamen demand independent labor union

Local seamen demand independent labor union JAKARTA (JP): More than 500 Indonesian workers employed in foreign ships staged a demonstration here over the weekend, demanding an extraordinary congress to reform their government- dominated union. The protesters even occupied on Friday the Indonesian Seamen's Association (KPI) Headquarters in Cikini, Central Jakarta, and took "hostage" several KPI executives for several hours.