Indonesian Political, Business & Finance News

Archive: 21 April 2001

60 articles found

Alcatel provides Telkom with broadband lines

Alcatel provides Telkom with broadband lines JAKARTA (JP): Telecommunications network provider Alcatel will supply state-owned telecommunication company PT Telkom with 20,000 broadband lines to provide high-speed Internet access for Telkom's customers.

KL palm oil ends higher on weekend covering

KL palm oil ends higher on weekend covering KUALA LUMPUR (Reuters): Malaysian palm oil ended mostly higher on weekend covering on Friday despite poor export figures and the arrival of soyoil from the United States, Argentina and Brazil in Asian markets, trader said."It's all about weekend covering.

KL offers free landing to lure airlines

KL offers free landing to lure airlines KUALA LUMPUR (Reuters): Malaysia said on Friday foreign carriers inaugurating flights or adding operations to Kuala Lumpur will enjoy free landing and parking rights.

Kartini remains unknown among history textbooks

Kartini remains unknown among history textbooks JAKARTA (JP): The controversy about whether Kartini is a real emancipation heroine has long been a debatable subject among some feminists here.To follow the argument on this matter would not be very fruitful though.

Daihatsu eyes Perodua stake

Daihatsu eyes Perodua stake KUALA LUMPUR (AFP): Japan's Daihatsu group is in talks with its Malaysian partner Perodua to increase its 25 percent stake in the second national carmaker, reports said on Friday.

TNI to proceed with deployment of troops in Aceh

TNI to proceed with deployment of troops in Aceh BATUJAJAR, Bandung, West Java (JP): While suggesting that dialog between the government and the Free Aceh Movement (GAM) should continue, the Indonesian Military (TNI) have decided to send troops to the strife-torn province of Aceh.TNI chief Adm.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Membaca Frida Kahlo, Nadi Gallery, Jl. Kedoya Raya 53, West Jakarta (Phone: 5818129), until April 29. * Celebrating Indonesian Women, Erasmus Huis, Jl. H.R. Rasuna Said, Kav S-3, Kuningan, South Jakarta (Phone: 5241069), April 21.

Coach tells PBSI to send junior shuttler to SEAG

Coach tells PBSI to send junior shuttler to SEAG JAKARTA (JP): Junior singles coach Joko Suprianto urged the Badminton Association of Indonesia (PBSI) to include Sonny Dwi Kuncoro on the Southeast Asian (SEA) Games squad.

Draft on anticorruption body strongly criticized

Draft on anticorruption body strongly criticized JAKARTA (JP): Five non-governmental organizations criticized on Friday the government's draft of the law on the establishment of an anticorruption body, arguing it did not give enough power to the body to combat the crime.

World rubber prices to stay low

World rubber prices to stay low JAKARTA (Reuters): Huge stocks and relentlessly rising rubber output from top producers Thailand and Indonesia will keep world natural rubber prices depressed for another three years, a senior industry official said.

Weekend lineup

Weekend lineup JAKARTA (JP): The following sports competitions will be broadcast live this weekend on local TV stations (all times are in Jakarta Time):SaturdaySoccer English Premiership: Ipswich vs Coventry, SCTV, 09.00 p.m.SundaySoccerItalian League: Inter Milan vs Fiorentina, RCTI, 1.30 a.m.

Explosion at Kendari office

Explosion at Kendari office KENDARI, Southeast Sulawesi: An explosive device was hurled by an unidentified man at the Kendari Attorney General's Office here on Friday night causing minor damage to the office's compound.No casualties were reported in the blast, which occurred at around 7:50 p.m.

Caltex ordered to end contract for unfair practices

Caltex ordered to end contract for unfair practices JAKARTA (JP): The antimonopoly commission ordered PT Caltex Pacific Indonesia (CPI) on Friday to terminate its steel pipe procurement contract valued at more than US$15.7 million a year.

Ex-cop arrested over drug

Ex-cop arrested over drug JAKARTA (JP): Central Jakarta Police detectives arrested nine people, including a former police officer, for alleged drug- dealing, and seized Rp 360 million (US$32,700) worth of shabu- shabu (crystal methamphetamine) from their rented apartment in Cempaka Putih, Central...

YLKI protests water rate hike

YLKI protests water rate hike JAKARTA (JP): The Indonesian Consumers' Foundation (YLKI) called on Jakarta people to unite in opposing the up to 40 percent hike in tap water tariffs, saying that it was against the public interest.

The U.S., it's no Indonesia

The U.S., it's no Indonesia I have traveled to more than 50 countries and I have never met finer people than here. I do not think it is time yet to ring the death knell on Indonesia! Yours is a very very young country. When the U.S. was young it was not a true democracy.

RI puts 16 players in Bali Open

RI puts 16 players in Bali Open JAKARTA (JP): Host Indonesia has fielded all 16 billiard players selected for the Kuala Lumpur Southeast Asian (SEA) Games in the main draw of the Bali International Open 9-Ball Billiard Tournament, being held at the Nex Billiard Club in Denpasar.

EU provides 2m euros in grant

EU provides 2m euros in grant JAKARTA (JP): The European Union (EU) will provide 2 million euros (about US$1.6 million) in grants over the next three years to help the ministry of forestry set up an illegal logging response center (ILRC).

Event shows flexible art of monologue

Event shows flexible art of monologueBy Kartika Bagus C. and Sulistyo Budi N. SURAKARTA, Central Java (JP): The much-talked about art of monologue was the subject of the Central Java Inter-Theater Monologue Festival, held earlier this month at Teater Jajak on the campus of the Indonesian College of...

Taiwan puts on show of military force

Taiwan puts on show of military force CHECHENG, Taiwan (AFP): Taiwan's armed forces staged on Friday a powerful display of military might to warn off rival China in huge war games here, which come as Washington mulls selling more high-tech weaponry to Taipei.

Banjarnegara election voided

Banjarnegara election voided BANJARNEGARA, Central Java: The Banjarnegara Council on Friday decided to annul the results of their own regency elections following a wave of public protests which accused councillors of being swayed by money politics.

AIDS activist puts a face on statistics

AIDS activist puts a face on statisticsBy I Wayan Juniartha SANUR, Bali (JP): Suzana Murni is perhaps not much different from many other 20-something women today, with her delicate appearance, soft-spoken manner, her love of casual attire, her pierced nose and her fondness for the popular TV-series...

UN urges Indonesia to judge E. Timor killers

UN urges Indonesia to judge E. Timor killers GENEVA (Reuters): The United Nations urged Indonesia on Friday to bring those responsible for bloodshed in East Timor to justice and rein in militias intimidating refugees still in camps.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on April 20, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 925 -75 82,000 Adindo Foresta 100 0 0 AGIS 140 -10 3,070,500 Alakasa 105 0 0 Alfa...

Papuan proposal seeks wide-ranging autonomy

Papuan proposal seeks wide-ranging autonomy JAKARTA (JP): As a compromise to the intense calls for independence, resource-rich Irian Jaya is offering to remain within Indonesia if it retains a bigger portion of its own wealth, an initiative bill submitted by the province suggests.

Rupiah hits 31-month low in bad day for Asian currencies

Rupiah hits 31-month low in bad day for Asian currencies SINGAPORE (Dow Jones): Most Asian currencies weakened on Friday, with the ever-worsening political situation in Indonesia pushing the rupiah to a 31-month low.The only regional currency to gain against the U.S.

Jakarta Great Sale 2001 targets Rp 3 trillion

Jakarta Great Sale 2001 targets Rp 3 trillion JAKARTA (JP): The Jakarta Chamber of Commerce and Industry (Kadin) and the City Administration are targeting one million domestic and foreign tourists, who will spend at least Rp 3 trillion (US$272.

Headhunters and the recruitment conundrum

Headhunters and the recruitment conundrumBy Pri Notowidigdo JAKARTA (JP): Are you a job hunter looking for help from a headhunter?If so, let's look a little closer at the process as you try to connect with headhunters, the popular term for executive recruiters.

Rupiah plunges to almost Rp 12,000 in panic buying

Rupiah plunges to almost Rp 12,000 in panic buying JAKARTA (JP): The embattled rupiah plunged to almost Rp 12,000 per U.S. dollar late on Friday in panic buying amid heightened political uncertainty ahead of a plenary session of the House of Representatives at the end of this month.

Why not hire our own people?

Why not hire our own people? For me, it is something new to read a point of view such as that so publicly stated by Nirwan Idrus (The Jakarta Post, April 17, 2001: Not all expats are experts).What is important and what we need to do at this stage is to improve our work force.

Semarang to host volleyball c'ship

Semarang to host volleyball c'ship SEMARANG (JP): The Indonesian Volleyball Association (PBVSI) named Semarang to host the Inter-Club National Championship, which will also serve as a tryout for the Indonesian Volleyball League (Livoli).

Thaksin to seek Mahathir's help

Thaksin to seek Mahathir's help CHIANG MAI, Thailand (Reuters): Thai Prime Minister Thaksin Shinawatra said on Friday he would ask Malaysian Prime Minister Mahathir Mohamad at a meeting next week to help suppress separatists along the Thai-Malaysian border.

Wiranto warns against fueling extremism

Wiranto warns against fueling extremism JAKARTA (JP): Former Indonesian military chief Gen. (ret.) Wiranto warned on Friday that Indonesia was slowly being driven to the edge of a cliff by political leaders mobilizing "seas of people that could lead to a flood of extremism".

Why not Wiranto?

Why not Wiranto? Mr. Suparjo asks the readers in his letter who they think should be president (The Jakarta Post, April 19, 2001).Well, certainly in my mind there is no doubt that should one be looking for a leader who is charismatic, cultured, educated and above all else loyal, one need look no...

10 percent stake in Cepu not enough: Pertamina

10 percent stake in Cepu not enough: Pertamina JAKARTA (JP): State oil and gas company Pertamina said on Friday it was demanding more than a 10 percent stake in a joint venture with U.S-based ExxonMobil Oil Inc.

Touts ease the hassle of getting passports

Touts ease the hassle of getting passportsBy Hera Diani JAKARTA (JP): Obtaining a document such as a passport in this country can be a major headache.Long drawn-out bureaucratic procedures, irritating officers and pushy touts are among obstacles that have to be faced throughout the process.

Mega denies pledge of allegiance

Mega denies pledge of allegiance JAKARTA (JP): Vice President Megawati Soekarnoputri denied that she would support President Abdurrahman Wahid until the end of his five-year term in 2004, Megawati's top aide said on Friday.

Enron plans to sell majority stake in Indian power venture

Enron plans to sell majority stake in Indian power venture BOMBAY, India (AFP): U.S.-based energy company Enron Power Corp is putting in place plans to sell its majority stake in the troubled Dabhol Power Co. in western India, reports said Friday.

Govt accountability demanded in safety net loan

Govt accountability demanded in safety net loan The World Bank has canceled the disbursement of the second US$ 300 million tranche of a $600 million loan to Indonesia, due to the government's failure to meet agreed loan conditions.

Braced for more tumult

Braced for more tumult The nation, already buckling under more than three years of economic crisis and the breakdown of law and order, is bracing itself for more tumult next week. With our leaders making no serious effort to defuse a potentially explosive situation, Jakarta faces the danger of...

We may be politicking, but not discriminating: Marzuki

We may be politicking, but not discriminating: Marzuki In the face of accusations of sluggishness and politicking in the handling of high profile cases, Attorney General Marzuki Darusman gives his side of the story.

Calm returns to Indo-Bangladesh border

Calm returns to Indo-Bangladesh border GUWAHATI, India (AFP): The Indo-Bangladesh border was calm but tense on Friday, after fresh firing overnight had threatened to prolong the worst frontier skirmishes for 30 years which left 19 dead on both sides..

Taufik injury may hamper RI at Asia Cup

Taufik injury may hamper RI at Asia Cup JAKARTA (JP): National top shuttlers are aiming to achieve a hat trick by winning the US$170,000 Asia Cup men's team championship for the third consecutive time, while at the same time warming themselves up for next month's World Championships.

20 dismissal cases still left unresolved in Batam

20 dismissal cases still left unresolved in Batam BATAM, Riau (JP): At least 20 cases of more than 100 dismissed workers remain unsolved here due to mistaken implementation of regional autonomy measures in Riau province, officials said on Friday.M.

City has no funds to stop hoodlums

City has no funds to stop hoodlums JAKARTA (JP): Jakarta's acting governor Abdul Kahfi admitted on Friday that public order operations against street vendors and hoodlums have yet to commence throughout all of the city's five mayoralties due to limited funds.

TV today

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

KONI urged to send only the best to SEA Games

KONI urged to send only the best to SEA Games JAKARTA (JP): The government's surprise decision to axe the budget for the Southeast Asian (SEA) Games training program has left the National Sports Council (KONI) in a quandary.

Malaysian govt evacuates consulate family members

Malaysian govt evacuates consulate family members JAKARTA (JP): The Malaysian government has evacuated family members of its consulate office in Pontianak, West Kalimantan, due to civil tension at the Indonesia-Malaysia border town of Serawak, Antara news agency reported on Friday.

Sutiyoso exempts students from exam fees

Sutiyoso exempts students from exam fees JAKARTA (JP): Governor Sutiyoso has signed a circular exempting students of elementary and junior high schools, both private and state, from having to pay exam fees.The circular, dated April 16, was only made available to the media on Friday.

Rupiah rate April 20

Rupiah rate April 20 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 10,775.00 11,775.00 11,219.00 11,331.00Australian dollar 1 5,531.89 6,051.17 5,759.83 5,823.00Austrian schilling 1 701.61 767.07 730.52 738.15Belgian franc 1 239.33 261.65 249.19 251.

Drug trafficker shot dead

Drug trafficker shot dead JAKARTA (JP): A drug trafficker was shot dead for resisting an arrest, while another suspect was rushed to Kramat Jati Police Hospital for swallowing a packet of low-grade heroin in two separate raids on Thursday evening.

Weak banks have 'no choice but to merge'

Weak banks have 'no choice but to merge' BOGOR (JP): Financially weak banks have no choice but to merge with larger banks if they want to escape from being closed by the government, a senior bank executive said.

Govt in favor of extending Caltex deal

Govt in favor of extending Caltex deal JAKARTA (JP): It is possible the government will approve PT Caltex Pacific Indonesia's request for a short extension of its contract on the Coastal Plain Pekanbaru (CPP) block in Riau to allow it to fully recover its investment in the block, according to a...

Calls for replacement of current government continue

Calls for replacement of current government continue JAKARTA (JP): Pressures are mounting on the government, with fresh calls for people in the strife-torn provinces of Aceh and Irian Jaya to join hands with other provinces in a nationwide scheme to replace the current administration.

Mubyarto gets Hatta award

Mubyarto gets Hatta award PADANG, West Sumatra: Senior economist Mubyarto on Friday became the first recipient of the Bung Hatta for his dedication in the economic and education fields.The award was presented in a ceremony here at Bung Hatta University.

Sjamsul escape rumor denied

Sjamsul escape rumor denied JAKARTA (JP): Attorney general's spokesperson Moeljohardjo denied on Friday rumors that business mogul Sjamsul Nursalim, a suspect in a corruption case, had fled the country saying he was being treated at a hospital here.

Council closed, councillors in closed session in Puncak

Council closed, councillors in closed session in Puncak JAKARTA (JP): The City Council remained closed on Friday as all 85 councillors continued closed-door meetings at city-owned resort hotel Wisma Jaya Raya in the Puncak area, Bogor, to discuss Governor Sutiyoso's accountability speech.

Choreographers set to gather at Surakarta dance festival

Choreographers set to gather at Surakarta dance festivalBy Retno Pujiastuti SURAKARTA, Central Java (JP): While dance choreographers create works for themselves and others, they rarely have the chance to express themselves as solo dancers.

Doctors, psychologists to aide Sampang refugees

Doctors, psychologists to aide Sampang refugees JAKARTA (JP): A team of doctors and psychologists are to leave on Sunday for a week-long mission to Sampang, East Java where more than 60,000 Madurese are sheltering after having fled ethnic clashes in Central Kalimantan.

RI confident of outpowering Cambodia

RI confident of outpowering Cambodia JAKARTA (JP): Indonesian team captain Bima Sakti expressed his confidence in beating Cambodia in the group nine match of the 2002 World Cup qualifying round at Bung Karno stadium on Sunday.