Indonesian Political, Business & Finance News

Archive: 12 April 2001

61 articles found

AriaWest welcomes formation of dispute-solving team

AriaWest welcomes formation of dispute-solving team JAKARTA (JP): Telecommunications contractor PT AriaWest International has warmly greeted the government's plan to establish a special team to solve its lingering dispute concerning its joint operating contract (KSO) with state-owned...

Eldest hotel caught fire

Eldest hotel caught fire BANDA ACEH, Aceh: Fire razed the eldest and historical Aceh hotel in Banda Aceh on Wednesday.The fire gutted the 100-year-old building located next to the popular Baiturrahman mosque in the down town of Banda Aceh at 2:30 p.m.

Malaysian police arrest seven rival supporters

Malaysian police arrest seven rival supporters KUALA LUMPUR (Agencies): Malaysian police confirmed on Wednesday they have arrested seven opposition supporters under the draconian Internal Security Act (ISA) and said more arrests would be made.

BI predicts lower growth this year

BI predicts lower growth this year JAKARTA (JP): Bank Indonesia announced on Wednesday that economic growth this year might be lower than its initial projection of between 4.5 percent and 5.5 percent due to economic slowdown in the U.S.

Rupiah rate April 11

Rupiah rate April 11 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 10,160.00 11,160.00 10,607.00 10,713.00Australian dollar 1 5,052.57 5,555.45 5,274.86 5,332.93Austrian schilling 1 655.81 720.92 684.66 692.05Belgian franc 1 223.70 245.91 233.54 236.

Private company driver shot in midday robbery

Private company driver shot in midday robbery JAKARTA (JP): A serious armed robbery took place when four people snatched US$10,000 and Rp 187 million in cash from private firm employees, shooting one of the victims in the process, at an intersection on Jl.

Didata's unit to buy DCI

Didata's unit to buy DCI JOHANNESBURG (Dow Jones): Datacraft Asia Ltd., the Asian subsidiary of Dimension Data PLC, or Didata, is to buy the remaining 40 percent equity interest in PT Datacraft Indonesia for $16.1 million in cash, the company said in a statement Wednesday.

Dialog is crucial to prevent chaos: Bambang

Dialog is crucial to prevent chaos: Bambang JAKARTA (JP): Coordinating Minister for Political, Social and Security Affairs Susilo Bambang Yudhoyono said on Wednesday that a meeting between the country's top leaders should proceed to prevent chaos generated by the prolonged political impasse.

1000s of Sampit refugee students forced to give up their studies

1000s of Sampit refugee students forced to give up their studies SURAKARTA, Central Java (JP): At least 4,000 of a total of 6,000 school-aged children who fled the conflict-torn town of Sampit, Central Kalimantan, to refugee camps in East Java, gave up their studies due to the trauma caused by the...

Amien deserves to be president

Amien deserves to be president I refer to the letter written by Mrs. Hilda May which appeared in The Jakarta Post on April 10, 2001 titled :Amien Rais a real disappointment. Mrs. Hilda charged that Amien Rais and his allies, grouped under the Axis Force, were selfish and only promoted their group's...

Newmont's statement too premature, says minister

Newmont's statement too premature, says minister YOGYAKARTA (JP): State Minister for the Environment Sonny Keraf regretted on Wednesday the U.S.-based mining giant Newmont's denial that it had polluted the Indian Ocean, saying that such a statement was too early to be made.

Danamon objects to bankruptcy suit

Danamon objects to bankruptcy suit With regard to the article Danamon faces bankruptcy suit published in The Jakarta Post on April 9, 2001, on page 9, our client PT Bank Danamon Tbk, raises objection to some of the accounts in the article.The objection is based on the following legal grounds:1.

Prisoners' plan to bomb prison and escape thwarted

Prisoners' plan to bomb prison and escape thwarted JAKARTA (JP): The police have foiled the plans of five prisoners to build a homemade bomb inside the Tangerang Prison and use it to aid their escape.Tangerang Police deputy chief Comr.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 11, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,075 -25 352,500 Adindo Foresta 100 5 23,000 AGIS 180 0 822,000 Alakasa 110 0 1,500 Alfa Retailindo...

Rates for tax payment, valid from April 9 to April 15

Rates for tax payment, valid from April 9 to April 15 U.S. dollar 1 Rp 10,425.00Austrian schilling 1 Rp 666.24Australian dollar 1 Rp 4,993.58Belgian franc 1 Rp 227.26Canadian dollar 1 Rp 6,594.76Swiss franc 1 Rp 6,009.34Deutschemark 1 Rp 4,691.09Danish krone 1 Rp 1,250.55French franc 1 Rp 1,397.

Adoption, a new initiative to conserve Bali's turtles

Adoption, a new initiative to conserve Bali's turtlesBy I Wayan Juniarta DENPASAR, Bali (JP): Do you have any extra money, and, do you have few ideas on how to spend it? If the answer is yes you would be wise to contact Putu Liza Kusuma Mustika.

Bangkok hopes to sell 450,000 tons of rice to RI

Bangkok hopes to sell 450,000 tons of rice to RI BANGKOK (Reuters): Thailand is scheduled to hold talks with Indonesia from April 18 to 20 to sell as much as 450,000 tons of rice to the country, a senior Thai official told reporters on Wednesday.

Income taxes from foreigners exceed the 2001 target

Income taxes from foreigners exceed the 2001 target JAKARTA (JP): Income tax collected from foreigners from January to March has exceeded the government's target for this year, with Jakarta's expatriates contributing some Rp 63 billion (about US$5.

PPP denies asking for spaces at Glodok Plaza

PPP denies asking for spaces at Glodok Plaza JAKARTA (JP): The United Development Party (PPP)'s city chapter chairman Djaffar Badjeber denied on Wednesday that his faction or its members had asked for a quota of spaces at the rebuilt Glodok Plaza in West Jakarta."It's a lie and slander.

Civil emergency needed in Maluku

Civil emergency needed in Maluku AMBON, Maluku (JP): Pattimura Military Commander Brig. Gen. I Made Yasa said on Wednesday it was necessary to maintain the civil emergency status in some areas of Maluku.

Malaysia palm-fuel project successful, says official

Malaysia palm-fuel project successful, says official KUALA LUMPUR (Reuters): Crude palm oil (CPO) mixed with medium fuel oil has been successfully burned as industrial fuel by Malaysia's state utility Tenaga Nasional Bhd, an industry official said on Wednesday."The burning works very well," said M.

IPB may close student dormitories

IPB may close student dormitories BOGOR (JP): The Bogor Institute of Agriculture (IPB) is considering closing some of its nine student dormitories and building commercial buildings on the land, IPB spokesman Agus Lelana said on Wednesday.

New security plans for ExxonMobil gas field

New security plans for ExxonMobil gas field JAKARTA (JP): Minister of Energy and Mineral Resources Purnomo Yusgiantoro said on Wednesday that soldiers currently stationed at the ExxonMobil gas field in Aceh would be redeployed to perimeter duty to encourage the U.S.-based firm to resume operations.

Ceremonies to maintain cosmic tranquility and equilibrium

Ceremonies to maintain cosmic tranquility and equilibriumText and photos by Rita A. Widiadana TANAH LOT, Bali (JP): The sun shines so brightly. Thousands of villagers flock to the Pura Balai Agung in Beraban village, around 15 kilometers south of Denpasar, wearing their most beautiful and colorful...

Dossiers of Tata, Juan submitted

Dossiers of Tata, Juan submitted JAKARTA (JP): City police detectives handed over on Tuesday the dossiers of suspects Ardhia Pramesti "Tata" Regita Cahyani, wife of fugitive Hutomo "Tommy" Mandala Putra, and lawyer Juan Felix Tampubolon, to the Jakarta Provincial Prosecutor's Office.

Witnesses bicker over corruption law

Witnesses bicker over corruption law JAKARTA (JP): Two expert witnesses gave contradicting testimony on Wednesday over the authority of Attorney General Marzuki Darusman to order the arrest and investigation into former minister of mines and energy Ginandjar Kartasasmita over his alleged...

Ruling on the reversal of the burden of proof urged

Ruling on the reversal of the burden of proof urged JAKARTA (JP): Legislators on Wednesday hailed the plan to issue a ruling on the reversal of the burden of proof in fighting corruption, saying the system would be more effective in bringing corruptors to court and establishing clean government.

Korea's Asiana to fly to Jakarta next month

Korea's Asiana to fly to Jakarta next month JAKARTA (JP): Asiana Airlines, one of South Korea's airlines, will launch its maiden flight to Jakarta early next month as part of its regional expansion.Shin C.

PSM beats Gelora Putra 1-0

PSM beats Gelora Putra 1-0 JAKARTA (JP): Defending champion PSM Makassar managed a narrow 1-0 win over host Gelora Putra Delta in the first round of the Bank Mandiri national soccer league at Delta stadium in Sidoarjo, East Java, on Wednesday.

PBSI to field top players in Asia Cup next month

PBSI to field top players in Asia Cup next month JAKARTA (JP): The Badminton Association of Indonesia (PBSI) is determined to defend its title at the Asia Cup next month in Singapore and will field its top players at the US$180,000 event.

Parking at Plaza Senayan

Parking at Plaza Senayan On March 16, 2001 an Armada 1550 DMT laptop computer was stolen from inside my car parked in front of Hero supermarket in the basement of Plaza Senayan.The incident occurred around 5:30 p.m. The thieves broke my car's windows and took the laptop.

RSCM dentists nab fake doctor

RSCM dentists nab fake doctor JAKARTA (JP): Several dentists at Cipto Mangunkusumo General Hospital (RSCM) apprehended a man on Tuesday for posing as a psychologist and specialist in neurosurgery at the hospital.

Antigovernment strike paralyzes Bangladesh

Antigovernment strike paralyzes Bangladesh DHAKA (AP): Business leaders urged the country's politicians to talk to each other on Wednesday as a general strike meant to force the resignation of Prime Minister Sheikh Hasina crippled Bangladesh cities and towns for the third consecutive day.

A model by default from Lebanon

A model by default from LebanonBy Chibli Mallat BEIRUT, Lebanon (JP): Every other day brings in news of another massacre in Indonesia, the latest being the killings in the province of Aceh. In Lebanon, this sounds all too familiar, as it does in the Balkans, Central Africa, or Ireland, at different...

Indonesia extends lead in Fed Cup

Indonesia extends lead in Fed Cup JAKARTA (JP): Indonesia extended its lead on Wednesday in Pool A of the Federation Cup Asia-Oceania group one qualifying round, beating South Korea 2-1 at the Yang Min Tennis Center in Kao Hsiung, Chinese Taipei.

Erica's vision spreads to foreign shores

Erica's vision spreads to foreign shoresBy Dion Hallpike JAKARTA (JP): The bright, colorful paintings currently covering the walls of Galeri Nasional Indonesia on Jl. Merdeka Timur are only a third of what Erica Hestu Wahyuni has produced up until now.This dynamic young artist, who turned 30 on Jan.

Mexicans nabbed for cocaine

Mexicans nabbed for cocaine DENPASAR, Bali: Two Mexicans were arrested upon their arrival at Ngurah Rai International Airport late on Tuesday for having 15.2 kilograms of cocaine in their possession.Viktor Manuela Nabaro, 29 and Clara Elena Umana Caterina, 39, were apprehended after x-ray machines...

Where to go in Bali:

Where to go in Bali:Exhibitions * Painting Figurare at Gaya Fusion of Senses, Jl. Raya Sayan, Ubud (Phone: 0361 979253), until April 24. * Photo Mystic, Art and Light Reflection in Bali, by Paul Spies, Museum Puri Lukisan, Jl. Raya Ubud, Gianyar (Phone: 0361 975136), 8 a.m. to 4 p.m. until April 27.

Ex-Navy man nabbed over attempted car theft

Ex-Navy man nabbed over attempted car theft JAKARTA (JP): Tebet Police detectives shot and arrested a former Navy officer and his friend in connection with an attempted car theft on Jl. Tebet Timur Dalam Raya in South Jakarta, early Wednesday morning.Tebet Police subprecinct chief Comr.

Indosat may fail in its bond issue

Indosat may fail in its bond issue JAKARTA (JP): Publicly-listed state telecommunication company PT Indosat may not be able to meet its target to raise about Rp 1.5 trillion (US$141.50 million) in cash from its recent bond offering, company spokesperson S. Auliana said here on Tuesday.

Balinese arts celebrated at group's anniversary

Balinese arts celebrated at group's anniversary JAKARTA (JP): The opening of the Balinese Saraswati dance festival on Tuesday provided the packed house at Gedung Kesenian Jakarta with a dynamic array of traditional performances that have been given new life with stylistic, musical and choreographic...

Brochures for foreign visitors

Brochures for foreign visitors JAKARTA (JP): The Directorate of Immigration, in cooperation with the Ministry of Culture and Tourism and private promotion company PT Media Promo, has published a monthly brochure containing information on tourism, investment opportunities, and immigration...

Government owes BPIS Rp 800b, claims executive

Government owes BPIS Rp 800b, claims executive BANDUNG (JP): The government, in particular the Indonesian Military (TNI) and National Police, owe some Rp 800 billion (US$80 million) in outstanding debts to subsidiaries under state- owned holding company PT Bahana Prakarya Industri Strategis (BPIS).

Widows vent anger against defendants

Widows vent anger against defendants PALU, Central Sulawesi (JP): Dozens of women, mostly widows whose husbands died in last year's communal clashes in Poso, were involved in minor scuffles with security personnel at the Palu District Court on Wednesday as they tried to vent their anger against...

Willem bows out of Golden Gloves

Willem bows out of Golden Gloves SEMARANG (JP): National light welterweight boxer Willem Papilaya of Jakarta, who is being groomed for the Kuala Lumpur Southeast Asian Games in September, bowed out of the Golden Gloves Boxing Championships semifinals on Wednesday to teammate Stevie Binalau 7-6.

City police chief to be replaced, Bimantoro says

City police chief to be replaced, Bimantoro says JAKARTA (JP): In a surprise announcement, the National Police declared on Wednesday that Jakarta Police chief Insp. Gen. Mulyono Sulaiman is to be replaced in May by the South Sulawesi Police chief, Insp. Gen. Moch. Sofjan Yacob.

TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Music 8:30 Documentary 9:00 Children's Program 9:30 Documentary 10:00 Music 11:00 Talk Show 12:00 p.m. Interval 3:00 News 4:00 Children's Program 5:00 News 6:00 Village News 6:15 TV Drama 7:00 News 7:30 Music 9:30 Music 10:00 Variety Show...

Asian currencies mostly up late on yen and central bank fears

Asian currencies mostly up late on yen and central bank fears SINGAPORE (Dow Jones): A firmer yen and Wall Street-inspired gains on some of the regional bourses boosted most Asian currencies late Wednesday.At 0840 GMT, the dollar was quoted at Y124.10, below Y124.25 late Tuesday in New York.

Indonesia needs strong financial climate to attract capital: WB

Indonesia needs strong financial climate to attract capital: WB JAKARTA (JP): Indonesia must press ahead with efforts to create a stronger financial climate to attract foreign capital and provide safeguards against capital volatility, which had contributed to the 1997 financial crisis, according to...

Prices of electronic goods rose by 5% over two months

Prices of electronic goods rose by 5% over two months JAKARTA (JP): Electronic goods traders at Glodok and Senen market said on Wednesday that during the last two months the price of electronic goods increased by an average of 5 percent.

Last chance for dialog

Last chance for dialog When President Abdurrahman Wahid proposed a dialog with the leaders of all major political parties, understandably it was initially greeted with a high degree of skepticism. Because of the way it was presented, including its timing, the proposal was widely seen as a public...

It is time to disband the Indonesian militia

It is time to disband the Indonesian militiaBy David Jardine JAKARTA (JP): As the level of political violence in Indonesia has increased over the past couple of years so has the number of those in paramilitary formations and "self-defense" (satgas) units. The connection is obvious.

'Hak ulayat'

'Hak ulayat' In my comments on the sale of oil palm plantations to Kumpulan Guthrie Bhd (The Guthrie deal: Land laundering, published in The Jakarta Post on March 21, 2001), I made a reference to the communal land rights of traditional communities and mentioned that such rights were "generally...

Jakarta Intl Tour to start

Jakarta Intl Tour to start JAKARTA (JP): Billiard players from six countries will compete in the Jakarta International Billiard Tournament running from Thursday through to Sunday."The six countries are, Malaysia who will send four players, Brunei with three players, Singapore with 10 players, Japan...

Gus Dur aims to replace customs chief

Gus Dur aims to replace customs chief JAKARTA (JP): In a bid to boost the state's coffers, President Abdurrahman Wahid plans to replace top customs and excise officials in order to bolster flagging tax revenues.

Muhammadiyah calls for honest brotherhood

Muhammadiyah calls for honest brotherhood The rivalry between Abdurrahman Wahid and Amien Rais has been blamed for tension among the grassroots of their respective organizations, Nahdlatul Ulama (NU) and Muhammadiyah.Fasichul Lisan, chief of Muhammadiyah East Java whose members number 1.

Probe into justices over bribery case continues

Probe into justices over bribery case continues JAKARTA (JP): Attorney General Marzuki Darusman affirmed on Wednesday that the Joint Anticorruption Team (TGPTPK) would continue to investigate a bribery case in which two serving and one retired Supreme Court justices have been implicated.

China approves Indonesia as tourist destination

China approves Indonesia as tourist destination JAKARTA (JP): The People's Republic of China has included Indonesia as one of its official tourist destinations for citizens, Minister of Culture and Tourism I Gede Ardika said here on Wednesday.

Decentralization hurts business activities: Kadin

Decentralization hurts business activities: Kadin JAKARTA (JP): The government's step toward financial decentralization has encouraged regional administrations to use their enhanced power to generate revenues rather than creating a conducive environment for business activity, according to the...

PSSI asks security officers to screen spectators: Eddy

PSSI asks security officers to screen spectators: Eddy JAKARTA (JP): Following a verbal warning from the world soccer body FIFA, the Soccer Association of Indonesia (PSSI) set up precautionary measures for its 2002 World Cup Asia Zone Group Nine qualifying matches.

ASEAN's policy on Myanmar

ASEAN's policy on Myanmar John Sweeney of the London Observer maintains his reputation as one of the finest print journalists of his generation in the excellent article printed by The Jakarta Post under the title Myanmar claims war on drugs but protects barons.