Indonesian Political, Business & Finance News

Archive: 11 April 2001

58 articles found

RI keeps Fed Cup winning streak

RI keeps Fed Cup winning streak JAKARTA (JP): Indonesia clinched another 3-0 victory over New Zealand on Tuesday in the Fed Cup Asia Oceania Group One qualifying round at the Yang Min Tennis Center in Kao Hsiung, Chinese Taipei.Romana Tedjakusuma, Indonesia's No.

ASEAN ministers to meet

ASEAN ministers to meet BANGKOK (Reuters): Economic ministers of the 10-member Association of South East Asian Nations (ASEAN) will meet in a northern Cambodian town of Siem Reap from May 3 to 5, the Thai commerce ministry said Tuesday.

FIFA warns PSSI over use of firecrackers

FIFA warns PSSI over use of firecrackers JAKARTA (JP): The international soccer body (FIFA) warned the Soccer Association of Indonesia (PSSI) about the unruly behavior of local sports fans when Indonesia hosted the 2002 World Cup Asia zone Group Nine qualifying match at Bung Karno stadium in the...

APP to form debt committee

APP to form debt committee JAKARTA (AFX-ASIA): Asia Pulp & Paper Co said its creditors have agreed to the establishment of informal committees as part of the process of drafting of a debt restructuring plan.

Wife, daughter found murdered in their home

Wife, daughter found murdered in their home JAKARTA (JP): A mother and her daughter were murdered inside their home at the Wisma Jaya housing complex in Pondok Aren, East Bekasi, on Monday evening, police and hospital officials said on Tuesday.

2,000 cubic meters garbage a day uncollected: Official

2,000 cubic meters garbage a day uncollected: Official JAKARTA (JP): About 2,000 cubic meters of a total 25,000 cubic meters of the city's household garbage can not be transported to the city's garbage dump in Bantar Gebang, Bekasi, due to lack of garbage trucks, an official said on Tuesday.

Handle Indonesia with care

Handle Indonesia with careBy Santi W.E. Soekanto JAKARTA (JP): By any standard, Indonesia is an improbable country. It is a wonder how it has been able to withstand for so long the polarizing forces that have always accompanied its existence.

Rupiah rate April 10

Rupiah rate April 10 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 10,280.00 11,280.00 10,726.00 10,834.00Australian dollar 1 5,068.04 5,566.68 5,287.92 5,346.58Austrian schilling 1 668.93 734.33 697.95 705.30Belgian franc 1 228.18 250.49 238.08 240.

Amien will make a good leader

Amien will make a good leader I refer to the letter by Mrs. Hilde May that was published in The Jakarta Post on April 10, 2001 titled Amien a real disappointment.Bapak Amien, as a member of the public, votes a new leader into power in an election.

RI forex reserves increase

RI forex reserves increase JAKARTA (JP): Indonesia's net foreign exchange reserves rose US$88.7 million to $28.76 billion as of April 6 from $28.67 billion on March 30, according to Bank Indonesia.The central bank said in its latest weekly report on Tuesday the rise was due to revenue from oil and...

Indonesia now a nation on autopilot

Indonesia now a nation on autopilot There is one last opportunity as the crisis hits rock bottom, writes analyst Jusuf Wanandi of the Jakarta-based Centre for Strategic and International Studies. JAKARTA (JP): Indonesia is now on autopilot, with nobody really in charge.

Students admit to being used by political elite

Students admit to being used by political elite JAKARTA (JP): Antigovernment student groups admitted on Tuesday to have been manipulated by the political elite at the legislature to topple President Abdurrahman "Gus Dur" Wahid, but said they would remain critical of the government.

Army begins campaign to save the nation

Army begins campaign to save the nation JAKARTA (JP): The Indonesian Army launched on Tuesday a major public awareness campaign with a moral appeal to the people to save the nation, which it claims is on the brink of disintegration.

Altered medical treatment

Altered medical treatment Recently Bapak S, one of my relatives, went to see Dr. SS, a urologist in Bandung, for abdominal pain. After he had been checked by USG etc., Dr. SS said that the former would be treated by laser to remove kidney stones, and so the patient should be hospitalized for about...

Ansor member quizzed over shoot-out

Ansor member quizzed over shoot-out JAKARTA (JP): The suspended deputy treasurer of the Ansor Muslim Youth Movement, Aris Junaidi, was quizzed on Tuesday at a Jakarta military police (Pomdam) office in connection with the April 1 fatal shoot-out outside the Muslim organization's headquarters in...

BP expects LNG project to begin 2nd quarter 2002

BP expects LNG project to begin 2nd quarter 2002 JAKARTA (JP): British-American oil and gas company Beyond Petroleum (BP), formerly British Petroleum, expects the construction of the Tangguh liquefied natural gas (LNG) project in Irian Jaya to start in the second quarter of next year, a company...

President's supporters may face stern measures

President's supporters may face stern measures JAKARTA (JP): National Police Chief Gen. Surojo Bimantoro said security officers were ready to deal with all kind of anarchic activities in the country and would not hesitate to take stern measures against any parties involved.

Shangri-La union executives resign after uncertain wait

Shangri-La union executives resign after uncertain wait JAKARTA (JP): Several executives of Shangri-La Independent Worker Union (SPMS) said on Tuesday that they decided to resign from the hotel, after striking for three months, as they were tired of waiting for uncertain settlement results.

Japanese book dispute could cloud emperor's W. Cup visit

Japanese book dispute could cloud emperor's W. Cup visit SEOUL (AFP): South Korea's influential soccer chief has called for a political dispute with Tokyo over history textbooks to be ended to enable a historic visit by Japan's emperor for the World Cup next year.

Anti-Japanese sentiment sweeps through S. Korea

Anti-Japanese sentiment sweeps through S. Korea SEOUL (Agencies): Anti-Japanese sentiment swept South Korea on Tuesday after the government withdraw its ambassador to Tokyo amid a mounting dispute over controversial history textbooks.

Man nabbed for coin theft

Man nabbed for coin theft BOGOR (JP): A security guard apprehended on Monday a man for allegedly stealing money from a telephone box at the Indonesian Red Cross (PMI) General Hospital.Bogor Police seized Rp 52,000 in coins from the suspect, identified as 19-year old Danang Prasetyo from Mekarsari...

Ojek driver stabbed to death

Ojek driver stabbed to death BOGOR (JP): An ojek (motorcycle taxi) driver was found dead with severe stab wounds on Jl. Raya Narogong in Tlajung Udik village here on Tuesday morning.Bogor Police identified the victim as Arifin Siregar, 16, a resident of Pedati alley in the village.

President to issue decree to restore order in Aceh

President to issue decree to restore order in Aceh JAKARTA (JP): Minister of Defense Mahfud M.D. said on Tuesday President Abdurrahman Wahid would issue a presidential instruction to restore law and order in Aceh.

Pertamina eyes 30% stake in Tuban petrochemical plant

Pertamina eyes 30% stake in Tuban petrochemical plant JAKARTA (JP): State oil and gas company Pertamina revealed on Tuesday that it planned to buy a 30 percent stake in PT Trans Pacific Petrochemical Indotama (TPPI), which is developing a petrochemical center in Tuban, East Java.

SSI, Sigma jointly develop e-marketplace for electronics

SSI, Sigma jointly develop e-marketplace for electronics JAKARTA (JP) : PT Surya Semesta Internusa (SSI), a property company in cooperation with information and technology company Sigma Group will launch in July an e-marketplace especially designed for electronics products.

Sutiyoso asked to review chiefs of Pasar Jaya

Sutiyoso asked to review chiefs of Pasar Jaya JAKARTA (JP): City Council Commission B for economic affairs asked Governor Sutiyoso on Tuesday to review executives of city- owned market operator PD Pasar Jaya amid reports that councillors had asked for their "quota of space" at the rebuilt Glodok...

Indonesia could lose LNG contracts if Exxon still closed by July

Indonesia could lose LNG contracts if Exxon still closed by July JAKARTA (JP): Indonesia could lose its liquefied natural gas (LNG) contracts with Japan and South Korea if U.S.-based ExxonMobil Oil Indonesia Inc.

Power sharing must top agenda: Akbar

Power sharing must top agenda: Akbar JAKARTA (JP): With confusion riding high on the feasibility of proposed talks between members of the country's political elite, House of Representatives Speaker Akbar Tandjung suggested on Tuesday that a power-sharing scheme top the meeting's agenda.

Telkom responds

Telkom responds In response to the letter from Mr. Aziz Subiarto, Telkom and cable installation fraud, which was published in The Jakarta Post on April 2, 2001, we would like to thank him for his important feedback.

Legal status of investigation of Ginandjar questioned

Legal status of investigation of Ginandjar questioned JAKARTA (JP): The South Jakarta District Court began on Tuesday the hearing over the legal status of Attorney General Marzuki Darusman's investigation of former minister of mines and energy Ginandjar Kartasasmita for his alleged involvement in...

Thaksin denies breaking the law

Thaksin denies breaking the law BANGKOK (Reuters): Lawyers for Thai Prime Minister Thaksin Shinawatra denied on Tuesday accusations that he broke the law by hiding his assets and argued his wife was responsible for handling all his business affairs.

PM Thaksin says bombs the work of kidnappers

PM Thaksin says bombs the work of kidnappers BANGKOK (Agencies): Thai Prime Minister Thaksin Shinawatra came up with a new theory on Tuesday to explain a spate of bombings that killed a child and wounded dozens of people over the weekend.

IMF foresees economic recovery for RP

IMF foresees economic recovery for RP MANILA (AFP): The International Monetary Fund (IMF) said Tuesday it expects the Philippine economy to pick up this year but only if it pushes through with crucial reforms, particularly on its fiscal sector.

Repressive political, security policies imposed in Abepura

Repressive political, security policies imposed in Abepura JAKARTA (JP): Repressive political and security policies continued to be imposed in Irian Jaya province, as indicated by the use of violence in handling last December's public disorder, a human right commission stated on Tuesday.

Spices not just skin deep at Ayam Bakar Ganthari

Spices not just skin deep at Ayam Bakar Ganthari JAKARTA (JP): Grilled chicken is such a popular dish in Indonesia that many provinces have their own special ways to prepare the meal.We visited a famous sidewalk eatery in the Blok M area that offers grilled chicken a la East Java.

Indonesia has 6.8 million malnourished babies

Indonesia has 6.8 million malnourished babies JAKARTA (JP): A pediatrician aired concerns on Tuesday that Indonesia will see a miserable younger generation in future coming years following revelations that at least 6.8 million babies are currently suffering from malnutrition here.

Asia poised to take lead in wireless technology

Asia poised to take lead in wireless technology SINGAPORE (AFP): Asia is well positioned to take the lead in the application of wireless Internet technology, having the highest number of mobile phone users worldwide, experts told a regional technology conference Tuesday.

Endoscopy helps in fighting liver disease

Endoscopy helps in fighting liver diseaseBy Maria Kegel JAKARTA (JP): Endoscopy is providing new solutions in the fight against liver disease, and in a country where up to one in five people are believed to have hepatitis B antibodies, medical authorities hope to make the procedure more accessible...

Miyazawa wary over idea of single Asian currency

Miyazawa wary over idea of single Asian currency TOKYO (Reuters): Finance Minister Kiichi Miyazawa said on Tuesday Japan should tread cautiously toward forming a single Asian currency, saying there was little point in promoting the idea when not all countries in the region were enthusiastic.

French dance to be performed

French dance to be performed JAKARTA (JP): The public will once again be able to enjoy a contemporary dance performance: Ignis, choreographed by Gladys Sanchez from France.The performance on Wednesday at 8 p.m.

Foreign advisors and consultants as catalysts

Foreign advisors and consultants as catalystsBy Donna K. Woodward MEDAN, North Sumatra (JP): Indonesian government ministries, non government organizations, and private corporations are awash with expatriate advisors, consultants, and technical experts engaged to supplement local expertise in...

Getting what you pay for with Kinokawa's supreme sushi

Getting what you pay for with Kinokawa's supreme sushiBy Laksmi Pamuntjak JAKARTA (JP): Hardly a day goes by since I first went to Kinokawa that I don't think of going back. For it does the best sushi and sashimi you will find for hundreds of miles in any direction.

Brimob officers return to their base

Brimob officers return to their base SAMPIT, Central Kalimantan (JP): Around 240 Police Mobile Brigade (Brimob) officers were withdrawn on Tuesday from Sampit, the capital of East Kotawaringin regency, following a massive rally staged by the local Dayak community, during which one man was shot dead.

PBSI moves Indonesia Open to Jakarta

PBSI moves Indonesia Open to Jakarta JAKARTA (JP): The Badminton Association of Indonesia (PBSI) has decided to move the US$170,000 Sanyo Indonesia Open from Surabaya to Jakarta due to reasons of security and sponsorship.

Here they come

Here they come The long-awaited review team from the International Monetary Fund (IMF) arrived here on Tuesday to conduct a two-week comprehensive evaluation of Indonesia's economic reforms, which were stipulated in the government's letter of intent (LoI) to the multilateral agency last September.

Albert misses Golden Gloves

Albert misses Golden Gloves SEMARANG (JP): Veteran boxer Albert Papilaya missed the light heavyweight semifinals match of the Golden Gloves championships on Tuesday because he had to attend the Police Staff and Leadership School (Sespimpol) in Bandung.

Newmont says its mining doesn't pollute the sea

Newmont says its mining doesn't pollute the sea SINGAPORE (Dow Jones): Indonesia's PT Newmont Nusa Tenggara Tuesday denied accusations that tailing from its Batu Hijau copper and gold mining operations pollute the sea in the Indian Ocean.

Quick recap of events of 2001

Quick recap of events of 2001From PanjiThe hustle and bustle of politics has become a daily cause for concern these days. The political tone for 2001 has been set, and it's not very pleasing to the ears.

Three students arrested, two injured

Three students arrested, two injured BANDUNG: Three students from Bandung's Pendidikan Indonesia University (UPI) were taken into police custody and two other students from Parahyangan University were injured during a brawl over a volley ball match, an official said on Tuesday.

Police arrest suspects in PT Kadera attack

Police arrest suspects in PT Kadera attack JAKARTA (JP): City Police have named two suspects in connection with their alleged involvement in a recent attack on striking workers of car upholstery producer PT Kadera AR Indonesia (KAI).Outgoing City Police chief of detectives Sr. Comr.

Where to go in Surabaya:

Where to go in Surabaya:FilmThe British Film Festival 2001, at Mitra 21 Theater: 1:30 p.m., 4 p.m., 6:45 p.m., 8:15 p.m., April 28, 2 p.m., 4:15 p.m., 6:30 p.m., 8:15, April 29. Further information is available at (031) 568-9958, http://www.britishcouncil.or.id/arts/bff_schedule.htm.

Chronic asthma is a treatable condition

Chronic asthma is a treatable conditionBy Donya Betancourt SANUR, Bali (JP): As the world develops, the incidence of noninfectious diseases such as asthma has risen. While asthma is the most common chronic illness of childhood, it can occur at any age.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 10, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,100 0 81,000 Adindo Foresta 95 5 74,500 AGIS 180 0 1,058,500 Alakasa 110 0 0 Alfa Retailindo 1,250...

New steps planned to boost tax payment

New steps planned to boost tax payment JAKARTA (JP): Credit card holders with a billing ceiling of more than Rp 10 million (US$952) will be required to have a tax identification number (NPWP) and to file annual income tax returns, Director General of Taxes Hadi Purnomo said on Tuesday.

Travel ban on Soeharto extended

Travel ban on Soeharto extended JAKARTA: The Attorney General's Office has extended the travel ban against former president Soeharto for another year in order to facilitate the legal proceedings against him, as he faces trial on corruption charges.

Telkom, Miller to jointly organize IT exhibition

Telkom, Miller to jointly organize IT exhibition JAKARTA (JP): State-owned PT Telekomunikasi Indonesia (Telkom) and International trade expo organizer Miller Freeman-CMP will jointly organize an international conference and exhibition on information technology in Jakarta later this year.

Class action against Pertamina to go on

Class action against Pertamina to go on JAKARTA (JP): The Central Jakarta District Court decided on Tuesday to continue the trial of a class action lawsuit filed against the state-owned Pertamina oil and gas company, demanding the company annul its "arbitrary" decision to increase the price of...

Prijadi sees no big problems affecting IMF review

Prijadi sees no big problems affecting IMF review JAKARTA (JP): The government could not see any major problems affecting talks with the visiting International Monetary Fund (IMF) mission scheduled to start on Wednesday, Minister of Finance Prijadi Praptosuhardjo said on Tuesday.