Indonesian Political, Business & Finance News

Archive: 28 April 2001

61 articles found

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on April 27, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 950 -75 181,500 Adindo Foresta 95 0 62,500 AGIS 145 -5 4,948,000 Alakasa 90 -15 1,000 Alfa...

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.

NU chairman calls on violent groups to disband

NU chairman calls on violent groups to disband JAKARTA (JP): The Nahdlatul Ulama (NU) Muslim organization has called for the disbandment of so-called suicide squads and other movements or groups associated with violence, stating that they were a major concern to the general public.

Indonesia top seed in Asia Cup tournament

Indonesia top seed in Asia Cup tournament SINGAPORE (AFP): Indonesia was Friday given top billing for the world's richest badminton tournament, the US$170,000 Asia Cup, as doubts were raised over the participation of India and its All-England champion Pullela Gopichand.

Ex-deputy governor faces graft charges

Ex-deputy governor faces graft charges BANDUNG: The Bandung District Court on Thursday began the trial of former West Java deputy governor Ukman Sutaryan on Thursday for the alleged embezzlement of Rp 11.9 billion from the provincial budget while in office.

KL Games picks fire ball to ignite cauldron

KL Games picks fire ball to ignite cauldron JAKARTA (JP): Kuala Lumpur appears close to realizing its ambition to create the most spectacular opening ceremony in Southeast Asian (SEA) Games' history.Bernama news agency reported on Wednesday the organizers announced they would use a fire ball rather...

Happy hunting grounds for Gunungkidul lobster fishermen

Happy hunting grounds for Gunungkidul lobster fishermenBy Singgir Kartana and Manuel Perry Mesquita GUNUNGKIDUL, Central Java (JP): The Javanese word ngrendet perfectly describes the hard slog of a day's work for lobster fishermen in Gunungkidul, Central Java, not far from Yogyakarta.

'The Poet' wins 2 awards at S'pore festival

'The Poet' wins 2 awards at S'pore festivalBy Mehru Jaffer JAKARTA (JP): Ibrahim Kadir's powerful performance as The Poet, set during the bloody aftermath of the 1965 coup attempt in Indonesia, has won him the prestigious Silver Screen Award for best actor at the 14th Singapore International Film...

Cross-cultural risks in business

Cross-cultural risks in businessBy Rob Goodfellow WOLLONGONG, Australia (JP): A quick round of cappuccinos recently cost some Australian businessmen the equivalent of A$1 million. The experience demonstrated that Australian businesspeople still have a lot to learn about dealing with Australia's...

Supermarkets to open on Sunday and Monday

Supermarkets to open on Sunday and Monday JAKARTA (JP): Major supermarkets in the city are to remain open on Sunday and Monday despite fears of heightened political tension in connection with a planned mass prayer on Sunday and the House plenary session the following day.

KL rights group worried for detainees

KL rights group worried for detainees KUALA LUMPUR (Agencies): A Malaysian rights group said Friday there were growing fears for the safety of 10 opposition activists detained by police under a controversial security law.

Japan's new PM committed to U.S. relations, reform

Japan's new PM committed to U.S. relations, reform TOKYO (Agencies): New Prime Minister Junichiro Koizumi said on Friday Japan's alliance with the United States was central to his nation's diplomacy, while vowing to improve ties with Asian neighbors.

Superstition reigns at capital's palaces

Superstition reigns at capital's palacesBy Ida Indawati Khouw The presidential palace complex has been witness to momentous changes in the country's history, and the changing of the guard of the highest powers in the land.

Rupiah rate April 27

Rupiah rate April 27 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 11,438.00 12,438.00 11,878.00 11,998.00Australian dollar 1 5,864.26 6,383.18 6,089.85 6,157.37Austrian schilling 1 751.18 817.31 780.08 788.40Belgian franc 1 256.24 278.79 266.09 268.

BI will continue to defend ailing rupiah

BI will continue to defend ailing rupiah JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin pledged here on Friday to further defend the ailing rupiah, which has been under pressure in the past few weeks amid growing conflict among political leaders.

Dealing with tension

Dealing with tension Even as the political climate continues to rise, President (Abdurrahman) Wahid is planning to give a speech to make peace. The hope is that such a speech can ease emotions among both his supporters and adversaries.

SSX bond trading drops sharply on unclear tax policy

SSX bond trading drops sharply on unclear tax policy JAKARTA (JP): Daily bond transactions on the Surabaya Stock Exchange (SSX) have dropped to Rp 2.5 billion (about US$211,000) from an average Rp 36 billion last year as the market circumvents a new tax regulation, according to an SSX executive on...

Police arrest two over 'shabu-shabu'

Police arrest two over 'shabu-shabu' TANGERANG (JP): Officers of the Soekarno-Hatta International Airport police subprecinct arrested two men at the airport for possession of at least one kilogram of shabu-shabu (crystal methamphetamine) on Thursday night.An officer of the subprecinct, First. Brig.

Officials not allowed to accept gifts worth over Rp 10 million

Officials not allowed to accept gifts worth over Rp 10 million JAKARTA (JP): In the latest draft law on shifting the burden of proof in corruption cases, state officials will not be allowed to receive gifts valued at more than Rp 10 million (US$833).

House dismisses govt's request to call off censure

House dismisses govt's request to call off censure JAKARTA (JP): The House of Representatives on Friday flatly dismissed a government appeal for them to discontinue measures that could lead to a second memorandum of censure against President Abdurrahman Wahid, saying that the process would proceed...

Crimes against humanity

Crimes against humanity A cautious welcome should be given to the news that charges are at last to be laid against those named by the Attorney General's Office as responsible for the September 1999 violence in post-referendum East Timor.

Addressing the refugee problem

Addressing the refugee problem The refugee problems in East Nusa Tenggara has to be resolved quickly. The facts show that the local governments in the provinces as well as in the regencies lack funds, equipment and personnel to address this problem.

Embassies prepare contingency plans

Embassies prepare contingency plans JAKARTA (JP): In the face of the Nahdlatul Ulama (NU) mass prayer on Sunday and the House of Representatives (DPR) plenary session on Monday, several foreign embassies have prepared contingency plans for their citizens.

Govt asked to review antidumping regulation

Govt asked to review antidumping regulation JAKARTA (JP): The Indonesian Steel Pipe Manufacturers Association (Gapipa) called on the government on Friday to review the procedure imposed on local companies in filing an antidumping petition.

Use conscience and logic

Use conscience and logicFrom Media IndonesiaA man claiming to be a religious leader issued a statement on April 17, 2001, broadcasted by several media, that would make most people's hair stand on end.In the statement, he called for a joint force from all national elements to topple the government...

Manggarai park damaged

Manggarai park damaged MAUMERE, East Nusa Tenggara: Around 1,531 hectares of the 32,246 hectare area of Manggarai Natural Tourism Park in Manggarai regency, East Nusa Tenggara, had been badly damaged due to illegal logging, an official said here on Friday.

Muhammadiyah celebration moved

Muhammadiyah celebration moved YOGYAKARTA: The Yogyakarta chapter of Muhammadiyah Youth will move its anniversary celebration this Sunday to a more discreet location because of heightened political tensions.

Employers pay little attention to safety: Experts

Employers pay little attention to safety: Experts JAKARTA (JP): Many companies pay little attention to the great risks facing employees working in dangerous work environments, despite the fact that workers are a major asset to their industries, experts said on Friday.

Government called on to help troubled workers in Taiwan

Government called on to help troubled workers in Taiwan JAKARTA (JP): An Indonesian Democratic Party of Struggle (PDI Perjuangan) legislator called on the government and the Labor Export Association (Apjati) on Friday to tackle the problem of some 2,500 Indonesian workers who had abandoned their...

Supporters of Gus Dur asked to leave city

Supporters of Gus Dur asked to leave city JAKARTA (JP): Governor Sutiyoso met the leader of President Abdurrahman "Gus Dur" Wahid's die-hard supporters on Friday, and asked them to leave the city after taking part in a mass prayer on Sunday.

Reward for uncovering bunker

Reward for uncovering bunkerFrom KompasA couple of months ago, when people were clamoring over the existence of a bunker under the houses of former president Soeharto's family members, on Jl. Cendana, Central Jakarta, Mbak Tutut (eldest daughter of Soeharto) said -- loud and clear -- that "anyone...

Sutiyoso gets doctorate degree

Sutiyoso gets doctorate degree JAKARTA (JP): Jakarta's Governor Sutiyoso has been awarded an honorary doctorate in political science from the University of Pusan, South Korea.Sutiyoso, who was inaugurated in a ceremony at the university on Wednesday, was given the academic title for his success in...

Man shot in payroll robbery

Man shot in payroll robbery JAKARTA (JP): East Jakarta Police detectives are on the hunt for two people in connection with the midday shooting of a man in a Rp 88.5 million (US$7,400) payroll robbery near Jl. Pondok Kelapa, East Jakarta, on Friday.Duren Sawit subprecinct chief First. Insp.

S'pore to hang marijuana dealer

S'pore to hang marijuana dealer SINGAPORE (AP): A Singapore man has been sentenced to death by hanging after being found guilty of dealing in marijuana, his lawyer said on Friday.Ashok Kumar Giri, 45, was given the death penalty for drug trafficking after being caught with five blocks of marijuana...

NGOs council salary hike

NGOs council salary hike YOGYAKARTA (JP): Activists from four non-governmental organizations took to the streets here on Friday to protest a decision by the council to raise councillors' salaries."People are now suffering, but the councillors get Rp 7.

Unity president, says Gus Dur

Unity president, says Gus Dur JAKARTA (JP): Embattled President Abdurrahman Wahid appealed on Friday night for unity and an end to violence and divisive behavior, pointing out that he had been elected president as a glue to bind the nation together.

Cargo business on the move in Yogyakarta

Cargo business on the move in YogyakartaBy R. Kristiawan and Anis Suryani YOGYAKARTA (JP): On a small street in the southern part of the city, a group of men worked like a perfectly coordinated orchestra to load neatly packaged boxes into a container truck.

Ricky, Maman fail to help 'BOLA'

Ricky, Maman fail to help 'BOLA' JAKARTA (JP): Former national soccer players Ricky Yacobi and Maman Suryaman failed to show any glimmer of their heyday flair in The Jakarta Post 18th anniversary soccer tournament on Friday.

Weekend Lineup

Weekend Lineup JAKARTA (JP): Following are sports competitions to be broadcast live this weekend on local TV stations (all times are in Jakarta Time):SaturdaySoccer English Premiership: Coventry vs Liverpool, SCTV, 09.00 p.m.SundaySoccer Italian League: Reggina vs Napoli, RCTI, 01.30 a.m.

Many accounting firms caught misbehaving

Many accounting firms caught misbehaving JAKARTA (JP): A number of registered public accounting firms involved in the auditing of several closed banks' assets committed malfeasance, according to a senior official at the Ministry of Finance.

Furukawa to make cable in RI

Furukawa to make cable in RI TOKYO (Dow Jones): Furukawa Electric Co. said Friday that it and Indonesia's P.T. Supreme Cable Manufacturing Corp. have agreed to launch a joint venture in Jakarta to manufacture and sell optical fiber cable in May, to cope with robust demand in Southeast Asia.

Building tenants told to stay alert on Monday

Building tenants told to stay alert on Monday JAKARTA (JP): In an anticipation for worst situation during the House of Representatives (DPR) plenary session on Monday, and the gathering of thousands of President Abdurrahman Wahid's supporters, the management of high-rise buildings in Jakarta have...

Indian teams dominate starting lineup

Indian teams dominate starting lineup PALEMBANG, South Sumatra (JP): Defending champion Hary Singh and navigator Gurinder Mann of the JK Tires team of India were being low profile on their target at the 2001 Gudang Garam International Rally on Saturday."I only wish to finish the race in good a time.

RI women's team finishes 27th in table tennis World C'ships

RI women's team finishes 27th in table tennis World C'ships JAKARTA (JP): Indonesia women's team finished 27th in the World Table Tennis Championships in Osaka, Japan, after narrowly defeating Slovakia 3-2 on Friday.

Syaifuddin Bantasyam asks whither the Aceh dialog?

Syaifuddin Bantasyam asks whither the Aceh dialog? As a bill on special autonomy in Aceh is being worked on by legislators, the Acehnese are still trying to avoid violence and lead a normal life, says Care for Human Rights Foundation executive director Syaifuddin Bantasyam in Banda Aceh.

Fresh violence kills 6 in strife-torn Aceh province

Fresh violence kills 6 in strife-torn Aceh province BANDA ACEH, Aceh (JP): Six people were killed in fresh outbreaks of violence in Aceh province and most phone lines were disconnected on Friday, officials and reports said.On Friday, at around 12 p.m.

Be watchful of Muslim conflict

Be watchful of Muslim conflictFrom RepublikaThe actions taken by both supporters and opposition of President Abdurrahman "Gus Dur" Wahid's administration have resulted in intergroup conflicts between Muslims with demonstrators provoking each other to resort to physical clashes, under the pretext of...

Let's keep our calm

Let's keep our calm With April 30 approaching, political tension in Jakarta is reaching close to boiling point. April 30, one may remember, is the date on which the House of Representatives (DPR) is slated to convene a plenary session to pronounce its judgment on President Abdurrahman Wahid's...

Pedicab driver learns the lingo of his rides

Pedicab driver learns the lingo of his rides YOGYAKARTA (JP): Widodo may not be familiar with the phenomenon of globalization, but as a pedicab driver in this court city he has gone global in his own way.

Witness causes courtroom quarrel in Ginandjar case

Witness causes courtroom quarrel in Ginandjar case JAKARTA (JP): An expert witness scolded lawyers of former minister of mines and energy Ginandjar Kartasasmita on Friday, accusing them of hampering the efforts to combat corruption.J.E.

Pecking order takes over with bird singing mania

Pecking order takes over with bird singing maniaBy Ridlo Aryanto YOGYAKARTA (JP): With their beautiful plumage and the sound of their voices, birds have fascinated people through the ages.Today, bird singing contests have become the rage in this city, and for the hotel industry it means business,...

Asian vehicle sales face new slowdown

Asian vehicle sales face new slowdown SINGAPORE (AFP): After accelerating for two years, car and truck sales in Asia are facing a fresh slowdown in 2001 as regional economies falter, but it will be more manageable than the fall during the last Asian crisis, an industry monitor said Friday.

Telkom, Descartes team up

Telkom, Descartes team up JAKARTA (JP): State-owned telecommunications company PT Telekomunikasi Indonesia (Telkom) will collaborate with Descartes System Groups (Descartes) in building a high-performance logistics network to improve its customer services.

Coca-Cola sales volume up

Coca-Cola sales volume up SYDNEY, Australia (AFX): Coca-Cola Amatil Ltd said three months to March sales volume was 238.0 million cases, up 6.1 percent year-on-year, due to strong contributions from its Indonesian and Australian operations.Australia sales volume grew 6.7 percent, Oceania 5.

Astra's 2000 revenue jumps but forex losses cut profit

Astra's 2000 revenue jumps but forex losses cut profit JAKARTA (JP): Publicly listed PT Astra International said on Friday it enjoyed a 91 percent jump in net revenue in 2000 to Rp 28.4 trillion (about US$2.4 billion) from Rp 14.9 trillion the previous year.

Bintang eyes 19% hike in premium income

Bintang eyes 19% hike in premium income JAKARTA (JP): Publicly listed general insurance company PT Bintang Asuransi expects a total income of Rp 162.5 billion (US$13.5 million) this year, an increase of 19 percent from last year's Rp 136.6 billion.

RI needs business council to do some positive PR

RI needs business council to do some positive PRBy Endy M. Bayuni HONOLULU, Hawaii (JP): The Indonesian business community must do some public relations activities of its own to tell the world of the real situation in the country, the secretary general of the Pacific Basin Economic Council (PBEC)...

Cepu crude to be heavy, sour

Cepu crude to be heavy, sour SINGAPORE (Dow Jones): Exxon Mobil Corp. Friday said it will produce sour crude oil from its Banyu Urip field, in the Cepu technical assistance contract in East Java, in the first significant sour crude production from Indonesia.

Women refugees in Ternate and Sampang need immediate help

Women refugees in Ternate and Sampang need immediate helpBy Santi W.E. Soekanto JAKARTA (JP): A young woman, one of the thousands of refugees sheltered in cramped makeshift centers in Ternate, North Maluku, complained of incessant pains in the lower part of her abdomen.

Where to go in Yogyakarta:

Where to go in Yogyakarta:Exhibitions* R A Kartini's Letters, Bentara Budaya Yogyakarta, Jl Suroto 2 (phone: 0274-560404), April 28 to May 5. * Graphics Graphs of trainmaking in the future by 20 artists, Cemeti Gallery, Jl. D.I. Panjaitan 41 (phone: 0274-371015), until April 27.

Dutch company wants judges investigated

Dutch company wants judges investigated JAKARTA (JP): The Netherlands-based Harby's Corporation N.V., which holds the license for hand and body moisturizer Musk by Alyssa Ashley, has asked Minister of Justice and Human Rights Baharuddin Lopa to investigate the judges that ruled against it in a...