Indonesian Political, Business & Finance News

Archive: 26 April 2001

56 articles found

Police perplexed by private taxi robberies

Police perplexed by private taxi robberies JAKARTA (JP): Tangerang Police officials have been left baffled by two armed robberies in a private van taxi, which occurred on Monday and Tuesday, targeting female passengers of domestic flights arriving at Soekarno-Hatta International Airport.

Where to go in Bali:

Where to go in Bali:Exhibitions * 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. * Installation - Performance Art collaboration 'shul': Sika Gallery, Jl.

House Speaker criticizes President's calls for peace

House Speaker criticizes President's calls for peace JAKARTA (JP): House of Representatives(DPR) Speaker Akbar Tandjung on Wednesday criticized President Abdurrahman Wahid's calls for peace, while letting his supporters throng the capital to express support for him.

Toyota ups stake in Hino

Toyota ups stake in Hino TOKYO (AFP): Toyota Motor Corp. said Wednesday it was spending US$543 million to raise its stake in Hino Motors Ltd. to over 50 percent to turn the Japanese truck maker into a subsidiary.

Blessing in disguise

Blessing in disguise The presence in Jakarta of a large number of demonstrators, especially the 50,000 strong ready-to-die supporters from East Java, will create a serious logistical and accommodation problem.

Police arrest two men for stealing fuel

Police arrest two men for stealing fuel JAKARTA (JP): A team of police detectives arrested two men for stealing diesel fuel from a fuel truck on Jl. Raya Hankam, Pondok Gede district of East Jakarta early on Wednesday.

Maluku rebel flag hoisted

Maluku rebel flag hoisted AMBON, Maluku: Tension gripped the islands of Ambon on Wednesday following the hoisting of a separatist flag by the Maluku Sovereignty Front (FKM) earlier in the day.A brief 10-minute flag-hoisting ceremony took place at the house of FKM leader Alex Manuputty in the...

Poetry from home and away featured at festival

Poetry from home and away featured at festivalBy Mehru Jaffer JAKARTA (JP): If poetry indeed be trouble drowned in tears, then be prepared for a full flood at an international poetry festival to open here on Thursday.

Shelter for pets

Shelter for pets Thank you for your article concerning choosing pets in Indonesia (The Jakarta Post, April 20, For keeps: A sampling of pet animals on the market).In addition to purchasing dogs and cats from a breeder or pet shop, there is a very important source of pets which was not mentioned;...

SEA Games cancels rhythmic gymnastics

SEA Games cancels rhythmic gymnastics JAKARTA (JP): The Indonesian Gymnastics Association (Persani) dismissed four gymnasts and a coach from its training center for the Kuala Lumpur Southeast Asian (SEA) Games following the event's organizing committee's decision to cancel the team rhythmic...

Ginandjar sues Attorney General

Ginandjar sues Attorney General JAKARTA (JP): Lawyers representing former minister of mines and energy Ginandjar Kartasasmita questioned on Wednesday the legal basis for the issuance of a second arrest warrant by state prosecutors for their client.Lawyer O.C.

House prepared to amend budget

House prepared to amend budget JAKARTA (JP): House of Representatives Speaker Akbar Tandjung said on Wednesday that the legislature was ready to meet with the government to quickly complete the planned revision of the 2001 state budget that has become a prerequisite for the disbursement of the...

Boxer La Paene aims for national title

Boxer La Paene aims for national title JAKARTA (JP): Only two months after turning professional, boxer La Paene Masara has set an ambitious target to be the national champion by the end of this year."I want to be the national champion.

Governor warns officials of influx of people to city

Governor warns officials of influx of people to city JAKARTA (JP): In the wake of heightening political tension, Governor Sutiyoso has ordered the heads of local administrations, ranging from mayors to subdistrict chiefs, to remain vigilant for people coming from other towns who may be out to...

Tour organizer finds Bali's secret paradise

Tour organizer finds Bali's secret paradiseBy Des Price SANUR, Bali (JP): Sometimes, things that happen by accident lead to exciting new discoveries and change the paths of our lives and work. Kurt Morscheck, a tour organizer, was forced to take an alternative route in his car one day -- a journey...

Senayan Sports Center, a place to hang out

Senayan Sports Center, a place to hang out JAKARTA (JP): The Senayan Sports Center in Central Jakarta, where tens thousands of President Abdurrahman Wahid's supporters will hold a mass prayer this Sunday, is indeed a popular site.

National responsibility

National responsibilityFrom Rakyat MerdekaThe present on-going crises in our country including the crisis of identity -- identity as a nation, as a human being, as part of human values -- are the responsibility of everyone in Indonesia. We are a nation that is really suffering.

Prudential, Allstate sign pact

Prudential, Allstate sign pact JAKARTA (JP): British insurance firm Prudential Plc. has signed an agreement to buy the holdings of American insurance firm Allstate in PT Asuransi Jiwa Allstate.The deal is subject to the approval of regulatory authorities and is expected to be completed in the...

Japan to aid Myanmar: Report

Japan to aid Myanmar: Report BANGKOK (AP): Japan will give $28.6 million in aid to Myanmar to reward its military rulers for starting reconciliation talks with pro-democracy leader Aung San Suu Kyi, the International Herald Tribune reported on Wednesday on its website.

PBSI changes mind on Sudirman Cup target

PBSI changes mind on Sudirman Cup target JAKARTA (JP): The criticism heaped on the Badminton Association of Indonesia (PBSI) over its decision to put aside the Sudirman Cup and prioritize the World Championships has apparently been enough to make its officials change their mind.

Great minds think alike for pianist Iswargia

Great minds think alike for pianist IswargiaBy Y. Bintang Prakarsa JAKARTA (JP): Anything can happen in experimental arts. One evening last year at Teater Utan Kayu, the Jakarta arts venue associated rightly or wrongly with artistic tryouts, performance art faded in and out of a performing art.

Minor operation costs Rp 15 million?

Minor operation costs Rp 15 million?From Warta KotaWhat would you say if you had to spend some 14 million rupiah for only minor surgery on your little finger? That was true of a case reported in Warta Kota recently. Wouldn't you consider it an act of extortion by the hospital or doctor?.

Batam lacks low-cost apartments

Batam lacks low-cost apartmentsBy Ridwan M. Sijabat BATAM, Riau (JP): Retno Sari, a 19-year-old female working for a Japanese electronics company, moved out of the firm's dormitory, along with six other female colleagues, last January and rented an illegal but cheap hut near the Muka Kuning...

Harmful chemicals in 'jamu'

Harmful chemicals in 'jamu'From Suara KaryaA recent analysis by the Food and Drugs Control Agency (POM) revealed that the following traditional tonics contain chemicals classified as potent and as such harmful to health:1. Jamu Kuat Lelaki No.

Respect freedom and adhere to rules, stresses Akbar

Respect freedom and adhere to rules, stresses Akbar JAKARTA (JP): House of Representatives Speaker Akbar Tandjung alerted the nation on Wednesday that the country's current regulation system is not adequate for the creation of a new and democratic Indonesia.

S. Sulawesi open to new provinces

S. Sulawesi open to new provinces MAKASSAR, South Sulawesi: Governor HZB Palaguna here on Wednesday asserted that he would not oppose parties who wished to propose the establishment of a separate province within South Sulawesi.

RI men's team loses to Argentina in Osaka meet

RI men's team loses to Argentina in Osaka meet JAKARTA (Agencies): The Indonesian men's team fell short in skills against Argentina and had to bow out 3-1 in the playoffs of the 46th World Table Tennis championships in Osaka, Japan, on Wednesday.

Prasidha winding down its coffee trading

Prasidha winding down its coffee trading SINGAPORE (Dow Jones): Indonesian coffee exporter PT Prasidha Aneka Niaga said on Wednesday that it's winding down its coffee operations, and it isn't clear at this stage if it will resume full-scale trading.

'Kompas' overpowers 'SCTV' 8-0

'Kompas' overpowers 'SCTV' 8-0 JAKARTA (JP): Kompas daily created a huge gap when overpowering SCTV private channel 8-0 at The Jakarta Post 18th anniversary tournament at the Bung Karno sports complex on Wednesday.Kompas will meet Ogilvy on Friday's quarterfinals.

Tension high on India-Bangladesh border

Tension high on India-Bangladesh border NEW DELHI/DHAKA (Reuters): Tension remained high on the border between India and Bangladesh on Wednesday amid reports of a troop build-up on both sides, raising fears that the skirmishing which killed 19 soldiers last week could flare again.

Spotlight

SpotlightPhoto: LippoJP/Mulkan SalmonaLIPPOSHOP-LIPPOBANK DEAL: LippoShop president director Teddy H. Setiawan (second left) and PT LippoBank president director Ian B. Clyne show an agreement made between the two institutions on the "LippoBank NetPay" campaign.

UPS eyes 20 percent growth in revenue

UPS eyes 20 percent growth in revenue JAKARTA (JP): Express courier service company PT UPS Cardig International expects to increase revenues by 20 percent in three years on the back of the country's rising exports.

Local and global partnership help preserve Tanah Lot Temple

Local and global partnership help preserve Tanah Lot TempleBy Rita A.Widiadana TABANAN, Bali (JP): For Made Deka and his colleagues at Beraban village in Tabanan, some 15 kilometers south of Denpasar, Pura Tanah Lot is not only one of the most sacred and holiest Hindu temples but also a blessing...

TNI to take strong action against troublemakers

TNI to take strong action against troublemakers JAKARTA (JP): The military here sounded a strong warning on Wednesday, asserting that it would not hesitate in taking "stern measures" against troublemakers as Jakarta braced itself for an influx of pro-Abdurrahman Wahid supporters.

Telkom and AriaWest reach initial deal

Telkom and AriaWest reach initial deal JAKARTA (JP): PT Telekomunikasi Indonesia (Telkom) and PT Ariawest International (AWI) have reached an initial agreement over the transfer of Telkom's operational funds and its employees' salaries, marking the first step to ending the two firms' lengthy...

GAM is still 'committed to dialog'

GAM is still 'committed to dialog' JAKARTA (JP): Spokesman of the Free Aceh Movement (GAM) separatist rebels Amni bin Marzuki asserted on Wednesday that both GAM and Indonesian representatives in the joint Peace Through Dialog (DMD) committee are "actively continuing dialog in an effort to stop...

Averting fiscal crisis

Averting fiscal crisis The government said on Tuesday that it had devised ways to "fix" the major problems that threatened to blow the 2001 state budget deficit into an unmanageable fiscal crisis. This official assurance does not, however, mean that the threat of a ballooning fiscal deficit to as...

Malang scouts aid refugees

Malang scouts aid refugees MALANG, East Java: Scouts in Malang regency, East Java, have collected 3,500 pieces of used clothing to be donated to refugees who fled the Sampit violence in Central Kalimantan and are currently seeking shelter in East Java.

No repairs for Palembang roads

No repairs for Palembang roads PALEMBANG, South Sumatra: Despite serious damage at several crucial junctures on major transportation routes in the province, the provincial administration said it had no plans to make repairs due to a shortage of funds.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on April.25, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,025 75 439,000 Adindo Foresta 100 0 40,500 AGIS 150 -5 1,109,500 Alakasa 105 0 0 Alfa...

Mahathir warns ASEAN members of back-door entry via AFTA

Mahathir warns ASEAN members of back-door entry via AFTA KUALA LUMPUR (AFP): Prime Minister Mahathir Mohamad has warned Southeast Asian nations to watch out for backdoor attempts to enter the ASEAN Free Trade Area (AFTA) once it comes into force in 2003.

Global slowdown threatens poverty reduction target

Global slowdown threatens poverty reduction target BANGKOK (AFP): The threat of a global slowdown could imperil the United Nations' ambitious goal of halving the ranks of Asia's poor by 2015, the regional chief of the UN Development Program (UNDP) said on Wednesday.

Malaysia builds biggest SE Asia aluminum complex

Malaysia builds biggest SE Asia aluminum complex SINGAPORE (Dow Jones): A group of foreign investors in Malaysia is set to build Southeast Asia's biggest aluminum smelter complex, with a total production capacity of 500,000 metric tons a year, a senior government official told Dow Jones Newswires...

Station 12, Indosat tie up in Inmarsat service

Station 12, Indosat tie up in Inmarsat service JAKARTA (JP): State-owned telecommunications company PT Indosat will expand its mobile telecommunications service's coverage to the Atlantic Ocean through a cooperation with a company called Station 12, according to the Indosat's top executive.

KL palm oil weakens on export prospects

KL palm oil weakens on export prospects KUALA LUMPUR (Reuters): Malaysian palm oil futures gave up early gains and closed lower on prospects of weak exports.Government efforts to persuade New Delhi to cut import duties on edible oil would be fruitless, traders said on Wednesday.

Roman threatens to sue AGO over Manulife case

Roman threatens to sue AGO over Manulife case JAKARTA (JP): The British Virgin Island-based Roman Gold Assets plans to sue the Attorney General's Office if it stopped its investigation into a share sale dispute against insurance company PT Asuransi Jiwa Manulife Indonesia (AJMI), a lawyer...

Governor urges counterparts to stop poaching athletes

Governor urges counterparts to stop poaching athletes PALEMBANG, South Sumatra (JP): Governor of South Sumatra Rosihan Arsyad has called on other provinces to stop poaching athletes for the 2004 National Games (PON)."I want all of us to stop the poaching that usually takes place prior to PON.

Rp 38.5 million lost in car theft

Rp 38.5 million lost in car theft PALU, Central Sulawesi: Robbers made off with Rp 38.5 million left in a bag in a parked car here on Tuesday.Palu police chief Adj. Snr. Comm. Sudargo on Wednesday confirmed that the victim of the robbery, R.

Lippo Bank prepares Rp 2t for IBRA assets purchase

Lippo Bank prepares Rp 2t for IBRA assets purchase JAKARTA (JP): Publicly listed Bank Lippo said on Tuesday it was allocating up to Rp 2 trillion (about US$184 million) for the purchase of assets under the control of the Indonesian Bank Restructuring Agency (IBRA) as part of its program to soak up...

Meitri quits SEA Games training

Meitri quits SEA Games training JAKARTA (JP): National swimmer Meitri Widya Pangestika,groomed for the Kuala Lumpur Southeast Asian (SEA) Games, finally decided to quit the training center to pursue her studies in the United States.

Thailand accused of attack

Thailand accused of attack YANGON (Agencies): Myanmar on Wednesday accused Thai soldiers of joining ethnic rebels in attacking a Myanmar army border outpost this week, and denied reports that drugs were found at there.Thailand said on Wednesday it had seized 6.

Rupiah rate April 25

Rupiah rate April 25 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 11,318.00 12,318.00 11,759.00 11,877.00Australian dollar 1 5,714.46 6,225.52 5,937.12 6,002.64Austrian schilling 1 733.84 799.13 762.44 770.52Belgian franc 1 250.32 272.59 260.07 262.

Inspectorate office recovers Rp 5b of ill-gotten gains

Inspectorate office recovers Rp 5b of ill-gotten gains JAKARTA (JP): The City Inspectorate investigated between April and December last year 69 corruption cases valued at Rp 42 billion (US$3.8 million), involving agencies under the city administration's supervision, but only managed to recover Rp 5...

ISSI skips overseas tryout due to financial problems

ISSI skips overseas tryout due to financial problems JAKARTA (JP): Joining the chorus, the Indonesian Cycling Association (ISSI) has given the same reason as other bodies -- financial shortage -- for canceling its Southeast Asian (SEA) Games overseas tryout plan.

Danareksa has new head

Danareksa has new head JAKARTA (JP): The government has replaced the president of state-owned securities company PT Danareksa Sekuritas, Glenn MS Yusuf, with Dian Wirjawan, a former director of PT Merril Lynch Indonesia.

Woman tried for bomb possession

Woman tried for bomb possession JAKARTA (JP): The spiritual advisor of Hutomo "Tommy" Mandala Putra appeared before the East Jakarta District Court on Wednesday on charges of illegal possession of explosives.