Indonesian Political, Business & Finance News

Archive: 27 April 2001

58 articles found

Democracy and respect for law

Democracy and respect for law I refer to Donna Woodward's article Rule of law or tyranny of law? (The Jakarta Post, March 8, 2001).I sympathize wholeheartedly with Donna Woodward's cry of despair over the dexterity of bureaucrats who use literal interpretations to obviate legal proceedings.

Persani, provinces jointly finance SEAG overseas stint

Persani, provinces jointly finance SEAG overseas stint JAKARTA (JP): The Indonesian Gymnastics Association (Persani) and provincial administrations are jointly financing potential gymnasts for overseas stints in Europe to prepare for the Kuala Lumpur Southeast Asian (SEA) Games.

Moroccans denied entry into Medan

Moroccans denied entry into Medan MEDAN, North Sumatra: Local immigration officials have blocked the entry of 10 Moroccan nationals who tried to enter the country via Belawan seaport aboard the Express Bahagia I ferry from Penang port in Malaysia on Wednesday.

TNI to replace faction representatives in House

TNI to replace faction representatives in House JAKARTA (JP): The Indonesian Military (TNI) headquarters announced on Thursday that it would replace nine of its 38 representatives at the House of Representatives.

The art of attracting customers

The art of attracting customers JAKARTA (JP): Welcome to the retail battleground, but shop carefully to avoid becoming the owner of unnecessary products.Shopping wisely is not about lining up outside department stores offering big sales to buy items you do not really need.

Thirty armed men rob shoe factory

Thirty armed men rob shoe factory JAKARTA (JP): Tangerang Police are in the dark about a group of 30 people, armed with firearms and sharp weapons, who allegedly robbed a shoe factory of its entire manufacturing equipment at the factory's plant on Jl.

Malaysia fails to persuade India to cut palm oil duties

Malaysia fails to persuade India to cut palm oil duties KUALA LUMPUR (Reuters): India's move to scrap import duty relief for ailing vanaspati firms importing crude palm oil shows the futility of Malaysia's efforts to persuade New Delhi to cut edible oil import duties, industry sources said on...

Thousands of villas illegal in Puncak

Thousands of villas illegal in Puncak BOGOR (JP): It is suspected that thousands of villas in the hilly resort area of Puncak were issued fake building permits (IMB), but only 50 violations have been registered by the local administration, an official said on Thursday.

Estrada's arrest a historic event for RP

Estrada's arrest a historic event for RP BANGKOK: Former Philippine president Joseph Estrada spent his first night in jail in a comfortably furnished cell at a police camp after being arrested on charges of state plunder on Wednesday. The 3.5 metre by 5.

Rupiah rate April 26

Rupiah rate April 26 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 11,600.00 12,600.00 12,040.00 12,160.00Australian dollar 1 5,881.20 6,394.50 6,104.28 6,171.20Austrian schilling 1 755.75 821.36 784.42 792.68Belgian franc 1 257.79 280.17 267.57 270.

Ridding Jakarta of its hoodlums

Ridding Jakarta of its hoodlumsFrom Pos KotaWhile efforts made by the Jakarta administration (Pemda DKI) to eradicate hoodlums in Jakarta have apparently not been successful, the Rp 30 billion budgeted for this cause will, reportedly, be switched to efforts to straighten out those having social...

Cheap 'branded' items available at factory outlets

Cheap 'branded' items available at factory outletsBy Hera Diani JAKARTA (JP): Factory outlets have become very popular among shopping freaks in this country.It refers to a store where you can buy branded clothes, shoes and other fashion accessories at prices much lower than at official counters.

Star to use B-732-200 jets

Star to use B-732-200 jets JAKARTA (JP): Newly established airline company PT Star Air will operate two Boeing 737-200 aircraft to support its domestic flights, which will be inaugurated with the opening of its Surabaya-Jakarta route on June 15.

Senayan closed to outsiders during rally

Senayan closed to outsiders during rally JAKARTA (JP): Security authorities have established regulations for people joining Sunday's mass prayer at the Gelora Bung Karno sports complex, and called on nonparticipants to avoid entrance points to the venue.

NU supporters told not to near House compound

NU supporters told not to near House compound JAKARTA (JP): Nahdlatul Ulama (NU) chairman Hasyim Muzadi urged on Thursday the participants in Sunday's mass prayer rally to return home immediately once the event was over in order to allow the House of Representatives session the next day to proceed...

Ginandjar to do more time in AGO cell

Ginandjar to do more time in AGO cell JAKARTA (JP): The Attorney General's Office will extend the detention period of former minister of mines and energy Ginandjar Kartasasmita which expires on Saturday, state prosecutors announced on Thursday.

Sumarlin testifies in Bahana graft case

Sumarlin testifies in Bahana graft case JAKARTA (JP): Former minister of finance J.B. Sumarlin on Thursday testified as a witness in the investigation into the Rp 1.1 trillion (US$91.6 million) corruption case related to state- owned investment company PT Bahana Pembinaan Usaha Indonesia (BPUI),...

House demands concrete measures to stabilize rupiah

House demands concrete measures to stabilize rupiah JAKARTA (JP): The House of Representatives demanded the government come up with concrete measures to help strengthen the embattled rupiah in its proposals to revise the 2001 state budget.

Events

Events1. Puri Indah Mall 07 May - 20 May : Puri Automotive Show 21 May - 03 June: Shopping with Artists at Centre Court Puri Indah Mall2. Plaza Indonesia 27 April: Fashion Show, Gianfranco Jeans 06 May: Patty Promo Album 13 May: ESPRIT Fashion Show 20 May: Lee Cooper and Contempo Fashion Show 27...

No Thai treasure exists: Survey

No Thai treasure exists: Survey BANGKOK (AP): Prime Minister Thaksin Shinawatra, who has been pilloried for seeking out hidden war treasure in a jungle cave in western Thailand, said on Thursday that a satellite survey showed no sign of buried gold.

TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Music 9:00 Women's Program 10:00 Music 11:00 Travel 12:00 p.m. Interval 3:00 News 3:30 Documentary 4:00 Children's Program 5:00 News 5:30 Religious Teachings 6:00 Village News 7:00 Evening News 8:00 Traditional Show 9:30 Music 10:00 News...

Asian currencies down late, political risks overshadow yen

Asian currencies down late, political risks overshadow yen SINGAPORE (Dow Jones): Heightened political risks in Asia overshadowed the yen's recent influence in regional foreign exchange markets to drag currencies lower late Thursday.

Teater Koma back on stage

Teater Koma back on stage JAKARTA (JP): Actors from Teater Koma perform a scene from Republik Bagong, a story taken from wayang (shadow puppet) tales but adapted with a twist to the very modern conditions of today in Indonesia.The play, written and directed by N.

Regional administrations not prepared for AFTA

Regional administrations not prepared for AFTA YOGYAKARTA (JP): Regional administrations (regencies, mayoralties, and provinces), despite their greater authority under regional autonomy laws remain very much in the dark over the coming wave of economic liberalization under the ASEAN Free Trade Area...

PSSI increases cash bonus

PSSI increases cash bonus JAKARTA (JP): The Soccer Association of Indonesia (PSSI) will increase the cash bonus for national players should they win in their away matches.PSSI spokesman Eddi Elison said on Thursday that the decision was made based on an agreement between the official in charge of...

West demonstrates confused priorities

West demonstrates confused priorities Nothing exemplifies the sheer destructive lunacy of the policies of some Western organisations toward Indonesia, as the present campaign by some to stop the IMF and World Bank from aiding Indonesia until illegal logging here comes to an end.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on April 26, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 1,025 0 67,500 Adindo Foresta 95 -5 1,000 AGIS 150 0 352,000 Alakasa 105 0 0 Alfa...

Rectors urge united effort to solve crisis

Rectors urge united effort to solve crisis MAKASSAR, South Sulawesi (JP): Rectors of universities from across the country urged the nation in a meeting here on Thursday to collectively lift Indonesia out of its crisis without becoming too dependent on the conduct of its political leaders.

Drug giants bow to health needs

Drug giants bow to health needs The international pharmaceutical industry suffered a rare setback on Thursday when it abandoned its challenge to a South African law which allows for the import of brand-name drugs used in the treatment of AIDS from nations where they are sold more cheaply.

African nationals caught with heroin

African nationals caught with heroin JAKARTA (JP): City Police detectives shot dead on Thursday evening an African national and arrested two others for trafficking and possessing heroin.City Police chief of detectives Sr. Comr. A.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Membaca Frida Kahlo, by Agus Suwage, Astari Rasyid, Heri Dono, etc., Nadi Gallery, Jl. Kedoya Raya 53, West Jakarta (Phone: 5818129), until April 29. * Painting Sunny Earth, Krijono, Galeri Linggar, Jl. Kemang Timur No.

Sutiyoso orders districts to monitor visitors' activities

Sutiyoso orders districts to monitor visitors' activities JAKARTA (JP): Governor Sutiyoso on Thursday ordered all of the city's 265 subdistrict heads and 43 district chiefs to monitor both the anti- and pro-President Abdurrahman "Gus Dur" Wahid supporters who were staying at 44 spots in the city's...

Heidelberger export deal 'won't hurt domestic sales'

Heidelberger export deal 'won't hurt domestic sales' JAKARTA (JP): Publicly listed cement company PT Indocement Tunggal Prakarsa said on Thursday that its export agreement with a distribution unit of German cement producer Heidelberger Zement AG would not hurt Indocement's domestic sales.

RI to host WBC annual convention

RI to host WBC annual convention JAKARTA (JP): The World Boxing Council (WBC) confirmed on Thursday that Jakarta would host the 39th Annual World Convention in November.Chairman of WBC Finance Committee Chandru G.

RI could host events despite political issues

RI could host events despite political issues JAKARTA (JP): The worsening economic condition and the heating up of the political situation have always been the main reason for canceling sports events in the country.

DHL to open five more branches

DHL to open five more branches JAKARTA (JP): Courier company PT Birotika Semesta/DHL Worldwide Express plans to open five new branches in the country's major cities in the next two years to support its growing business here.

Inco's net earnings fell 51% in Q1

Inco's net earnings fell 51% in Q1 JAKARTA (JP): Publicly-listed nickel mine operator PT International Nickel Indonesia (Inco) reported on Thursday a 51 percent drop in its unaudited net earnings to US$8.9 million in the first three months of this year compared to the same period last year.

Estrada pleads to go home after miserable night in jail

Estrada pleads to go home after miserable night in jail MANILA (Agencies): Disgraced former president Joseph Estrada pleaded to be taken home on Thursday after a miserable first night in prison on the capital charge of plunder.

Myanmar blasts Thailand for escalating tension

Myanmar blasts Thailand for escalating tension BANGKOK (AP): Myanmar on Thursday accused the Thai army of escalating tensions at the border, saying it went against Southeast Asian nations' determination to resolve disputes peacefully.

President, legislature on collision course again

President, legislature on collision course again SINGAPORE: Indonesia's President and legislature are again on a collision course, as legislators prepare to censure Abdurrahman Wahid a second time next week over questionable financial dealings.

PBSI urged to groom shuttlers more seriously for Sudirman Cup

PBSI urged to groom shuttlers more seriously for Sudirman Cup JAKARTA (JP): The Badminton Association of Indonesia (PBSI)'s West Java chapter chairman Lutfi Hamid called on the PBSI to seriously groom shuttlers for the Sudirman Cup mixed team event, especially as it bore the name of the...

Juvenile tuna theft in Bali

Juvenile tuna theft in Bali DENPASAR, Bali: Police arrested four teenagers on Thursday, suspected of stealing 180 kilograms of ready-to-export tuna fish from a storage facility at Bali's main port of Benoa, some 15 kilometers east of Denpasar.Chief of the Benoa Police subprecinct Adj. Comm.

Lounging around at late-night Lava Lounge

Lounging around at late-night Lava Lounge JAKARTA (JP): Hear the word lava, and if you don't immediately think of volcanoes about to spew their contents in Central Java, then images of those mainstays of 1960s' living rooms come to mind.The latter is, of course, if you are 30-something or over.

Caltex to go ahead with existing tender procedure

Caltex to go ahead with existing tender procedure JAKARTA (JP): American oil and gas company PT Caltex Pacific Indonesia will go ahead with its existing tender procedure, despite the charge that the system has encouraged unfair business practices.Caltex's senior vice president in Jakarta W.

Aceh special autonomy bill cops flack from experts

Aceh special autonomy bill cops flack from experts JAKARTA (JP): Experts warned House of Representatives legislators on Thursday of constitutional offenses resulting from the adoption of special autonomy status in Aceh, based on a bill currently being deliberated by the lawmakers.

Yogyakarta to host tourism forum

Yogyakarta to host tourism forum YOGYAKARTA: Administration executives and legislators here are debating whether or not to construct a building as the venue of the ASEAN Tourism Forum (ATF) which will be held in the historic city in 2002.

How to deal with investment decline

How to deal with investment declineBy James Castle JAKARTA (JP): It is clear that Indonesia is undergoing dramatic socio-political changes. It is fair for the leadership to ask for patience in addressing the multitude of problems it faces. But the economy cannot wait much longer.

'RCTI' blasts 'Post' 7-0

'RCTI' blasts 'Post' 7-0 JAKARTA (JP): RCTI private television station had a convincing 7-0 victory over The Jakarta Post daily at the quarterfinals of the Post's 18th anniversary tournament at the Bung Karno sports complex on Thursday.Later in the day, Go sports tabloid defeated Inter Ad Mark 2- 1.

U.S., RP to reduce military exercises

U.S., RP to reduce military exercises MANILA (AFP): U.S. and Philippine troops will begin a scaled- down version of their annual joint military exercises, officials said Thursday, amid rising tension between the United States and China.

Megawati ill, to extend rest until Friday

Megawati ill, to extend rest until Friday JAKARTA (JP): "Megawati ill, unable to chair cabinet meeting," the news wires flashed on Thursday afternoon.Palace officials quickly moved to calm the jitters saying the Vice President was merely down with the flu and needed rest after her tiring two-day...

Govt asked to remove leather import ban

Govt asked to remove leather import ban JAKARTA (JP): The Indonesian Chamber of Commerce and Industry (KADIN) and five leather-related industries have called on the government to remove the ban on imports of leather raw materials.

Mayor's accountability accepted

Mayor's accountability accepted BOGOR (JP): Local councillors here unanimously accepted on Thursday the annual progress report delivered by Mayor H.R. Iswara Natanegara.Factions in the legislative council, however, made various recommendations to the mayor for the purpose of improving his...

Police arrest alleged kidnappers

Police arrest alleged kidnappers JAKARTA (JP): Central Jakarta Police detectives arrested four men on Thursday on charges of kidnapping an alleged gambling boss over unpaid debts and holding him hostage in a hotel in the Mangga Dua area for the past three days.

Hospital and down payment

Hospital and down payment This is I'm afraid another cliche story of hospitals in Indonesia, but still amusing anyway. You may have heard that: without money, don't even think about entering a hospital in Indonesia, no matter what condition you are in.

Customers always queen at women-only salons

Customers always queen at women-only salonsBy Maria Kegel JAKARTA (JP): When Itje Herja had the idea to open a women- only salon in 1980, she never imagined the small salon beside her house would eventually yield three thriving businesses, packed to overflowing on any given day of the week.

Rupiah breaks 12,000 barrier on political concerns

Rupiah breaks 12,000 barrier on political concerns JAKARTA (JP): The country's seemingly never-ending political woes sent the rupiah through the important barrier of 12,000 against the U.S dollar, as the market scooped up greenbacks ahead of a special plenary session of the House of Representatives...

Gus Dur ready for 2nd censure

Gus Dur ready for 2nd censure JAKARTA (JP): President Abdurrahman "Gus Dur" Wahid challenged the House of Representatives (DPR) on Thursday to issue the second memorandum of censure against him, but added he will only regard the memorandum as a strong warning.

Paralyzed grandmother killed in house fire

Paralyzed grandmother killed in house fire JAKARTA (JP): An elderly woman suffering from paralysis was burned to death on Thursday when a stove in her residence exploded and scorched the house to the ground in the Kramat Pulo area of Kramat, Senen district, Central Jakarta.