Indonesian Political, Business & Finance News

Archive: 12 May 2001

65 articles found

RI volleyballers to play in Japan

RI volleyballers to play in Japan JAKARTA (JP): Chairwoman of the Indonesian Volleyball Federation (PBVSI) Rita Subowo said that she would send the national team which was being prepared for the 2001 Southeast Asian (SEA) Games to Fukuoka, Japan, for an overseas tryout.

Telephone tariffs to rise by 21.67% in June

Telephone tariffs to rise by 21.67% in June JAKARTA (JP): After being delayed for more than a year, the government finally got approval from the House of Representatives on Friday to raise telephone tariffs by 21.67 percent in June.

Asian monies mostly up late, led by Singapore dollar rise

Asian monies mostly up late, led by Singapore dollar rise TOKYO (Dow Jones): Most Asian currencies strengthened against the U.S. dollar late Friday, driven by the Singapore dollar's rise on suspected intervention by the Monetary Authority of Singapore and by the surge in many Asian stock markets,...

PT Telselindo to operate CDMA technology in 2002

PT Telselindo to operate CDMA technology in 2002 JAKARTA (JP): Local cellular phone operator PT Telselindo Nusantara and its British partner Inquam Limited announced on Friday plans to develop a US$300 million cellular phone network in the country, based on Code Division Multiple Access (CDMA)...

Trisakti students say 'no rally'

Trisakti students say 'no rally' JAKARTA (JP): Students of Trisakti University on Friday paid a memorial visit to the Tanah Kusir cemetery in South Jakarta to pay tribute to their peers Elang Mulya and Heri Hartanto, who were killed three years ago in shootings during a student protest.

Labor strikes

Labor strikes Labor unions plan strikes against ministerial decree Page 2 Bomb Police find third body, live bomb at blast site. Page 3 Expats More on expatriate employees in Indonesia. Page 4 Taufik PBSI chairman continues war of words with Taufik.

Is no one responsible?

Is no one responsible? The conclusion drawn from a recent survey conducted by the New Indonesia Alliance (PIB) that by far the majority of Indonesians crave for the good old days of peace and stability under president Soeharto's New Order hardly comes as a surprise.

Gus Dur to undergo checkup on Saturday

Gus Dur to undergo checkup on Saturday JAKARTA (JP): President Abdurrahman Wahid, who has previously suffered two strokes, is scheduled to undergo a medical examination on Saturday, a palace official revealed on Friday.

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 Performance 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 Quiz 8:30 Music: Kamera Ria 10:00 Sports...

Malaysia palm oil ends up

Malaysia palm oil ends up KUALA LUMPUR (Reuters): Malaysia's palm oil futures closed mostly higher on Friday on covering ahead of the weekend, new crop data and the impending visit by India's Prime Minister Atal Behari Vajpayee, traders said.Vajpayee is scheduled to sign an agreement worth $1.

JP/10/JOB

JP/10/JOBNetworking for competitive advantage JAKARTA (JP): Relationships are at the heart of our lives. And it can also be said that our professional relationships are at the heart of our success.Networking, therefore, has become an invaluable skill, tool or orientation.

UN pushes U.S. dollar as E. Timor currency

UN pushes U.S. dollar as E. Timor currency DILI (AP): The UN administration in East Timor announced plans Friday to push for the enforcement of the U.S. dollar as the official currency in the territory.

Man mobbed for motorcycle theft

Man mobbed for motorcycle theft JAKARTA (JP): A motorcycle thief was mobbed to death after being caught red handed by the vehicle owner in Cijantung, Pasar Rebo subdistrict, East Jakarta, late on Wednesday.The thief was identified as 30-year old Doni, also a resident of the subdistrict.

KL to up military ties with Myanmar

KL to up military ties with Myanmar KUALA LUMPUR (AP): Malaysia is considering boosting military ties with Myanmar, possibly including joint exercises, the chief of the Malaysian armed forces said on Friday.The move is likely to raise international controversy.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 11, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 1,300 25 1,170,000 Adindo Foresta 100 -5 27,000 AGIS 140 0 1,595,000 Alakasa 90 0 0 Alfa Retailindo...

Ministers defend Myanmar, reject trade link to labor standards

Ministers defend Myanmar, reject trade link to labor standards KUALA LUMPUR (Agencies): Southeast Asian labor ministers urged the International Labor Organization (ILO) on Friday not to punish Myanmar over forced labor, saying it is doing all it can to stamp out the practice.

South Sumatra needs Rp 20b for 2004 PON

South Sumatra needs Rp 20b for 2004 PON YOGYAKARTA (JP): Organizers of the 2004 National Games (PON) will need an estimated Rp 200 billion (US$18.3 million) to finance staging the quadrennial event in Palembang, South Sumatra.

DI to resume production

DI to resume production BANDUNG, West Java: State-own aircraft company PT Dirgantara Indonesia (DI) has received three certificates from the Directorate General of Air Transportation, allowing the factory to resume its aircraft production, an official said on Friday.

Minister supports nontariff barriers against rice imports

Minister supports nontariff barriers against rice imports JAKARTA (JP): The Minister of Industry and Trade, Luhut Binsar Panjaitan, said on Friday that he supported the State Logistics Agency's (Bulog) plan to impose non-tariff barriers against imports of rice next year.

Introdans headed to Jakarta

Introdans headed to Jakarta JAKARTA (JP): One of the best known dance companies in the Netherlands, Introdans, will return to Jakarta next week for the second consecutive year.Founded in 1971, the group is skilled in providing an entertaining mix of modern ballet with classical and lyrical elements.

Japan eyes more FX swap deals with RI, S'pore

Japan eyes more FX swap deals with RI, S'pore HONOLULU (Reuters): Japan on Thursday said it wants to strike currency swap deals with Singapore, and later Indonesia, as part of the plan for an Asia-wide safety network that it sees as prelude to an "Asian Monetary Fund" (AMF).

RI to host Aspactel expo

RI to host Aspactel expo JAKARTA (Antara): A number of telecommunication and information technology ministers from some Asian countries will attend the Asia Pacific Telecommunication (Aspactel) Exhibition 2001 here on May 14-17, an organizer disclosed here on Friday.

Treason trial of Theys to start

Treason trial of Theys to start JAYAPURA, Irian Jaya: The Jayapura District Court will open on Monday the trial of Irian Jaya independence leader Theys Hiyo Eluway and four other members of the Papuan Council Presidium for alleged treason.

Ex-minister says Australia alienating itself from Asia

Ex-minister says Australia alienating itself from Asia SYDNEY, Australia (Agencies): Australia is alienating itself from its Asian neighbors by gloating about its economic success and failing to stem anti-Asian sentiment, a former foreign minister said on Friday.

House members split on date of plenary session

House members split on date of plenary session JAKARTA (JP): With the summit of the G-15 drawing nearer, the House of Representatives remains split on whether they will reschedule an all important plenary session which coincides with the head of states meeting.

No more power or censure: Gus Dur

No more power or censure: Gus Dur JAKARTA (JP): President Abdurrahman Wahid defiantly ruled out the possibility of delegating more power to his deputy Megawati Soekarnoputri on Friday and said he would refuse to respond to the House of Representatives' second memorandum of censure.

Police find third body, live bomb in blast site

Police find third body, live bomb in blast site JAKARTA (JP): National Police found a third body, a huge bomb and hundreds of Molotov Cocktails on Friday buried deep under rubble, at the bomb blast site on Jl. Perahu, known among locals as Jl.

680 fake documents found

680 fake documents found JAKARTA (JP): The City Land Transportation and Traffic Control Agency has found 680 fake roadworthy certificates during raids on public and commercial vehicles over the past two months.

Indofood expects stronger CPO exports

Indofood expects stronger CPO exports JAKARTA (JP): Giant publicly listed food producer PT Indofood Sukses Makmur said on Friday it aimed to expand its crude palm oil (CPO) export market through its recent acquisition of Singapore listed Golden Agri Resources, a unit of the Sinar Mas Group's Asia...

Government to pay OPIC claim of $260m

Government to pay OPIC claim of $260m JAKARTA (JP): The government will pay a US$260 million insurance claim lodged by the United States government-owned Overseas Private Investment Corporation (OPIC) from the sales of two power plants, Coordinating Minister for the Economy Rizal Ramli said on...

WB supports government's 2001 fiscal adjustment package

WB supports government's 2001 fiscal adjustment package JAKARTA (JP): The World Bank has expressed its full support of the government's fiscal adjustment package, which contains various measures to prevent the 2001 state budget deficit from growing out of control.

Rupiah rate May 11

Rupiah rate May 11 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 10,708.00 11,708.00 11,152.00 11,264.00Australian dollar 1 5,616.35 6,146.70 5,849.22 5,913.60Austrian schilling 1 685.73 750.20 714.17 721.75Belgian franc 1 233.91 255.90 243.61 246.

Don't abandon history

Don't abandon history The situation nowadays is quite different from that in 1956. President Abdurrahman Wahid and Vice President Megawati Soekarnoputri agree on how to run a government. Both accept and carry out the broad guidelines of state policy and implement decisions made by the People's...

More on expatriate employees

More on expatriate employeesBy Donna K. Woodward MEDAN, North Sumatra (JP): Following Nirwan Idrus's article "Not all Expats are Experts" in this newspaper, there were a number of items questioning Indonesia's use of expensive foreign consultants and international aid experts.

Officials must choose city or military by August

Officials must choose city or military by August JAKARTA (JP): Members of the military or the police who hold posts in the city administration should choose by August at the latest whether to become civil servants or return to their units, city spokesman Muhayat said.

Bank Danamon bankruptcy petition 'not valid'

Bank Danamon bankruptcy petition 'not valid' JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin said on Friday that the bankruptcy petition filed by Bank IFI against the publicly-listed Bank Danamon at the Jakarta Commercial Court was not valid.

Cultural exchange program?

Cultural exchange program? In response to the advertisement AU-PAIR in Europe in The Jakarta Post, on May 11, 2001, page 16, I, as a housewife who has an experience as an au pair girl in Europe, would like to express my concern over this issue.

MAT introduces new concept

MAT introduces new concept JAKARTA (JP): The Marlboro Adventure Team (MAT) introduced on Thursday a new concept of adventure for Indonesian participants in a program called the Join the World Team 2001.

Destruction of books condemned

Destruction of books condemned JAKARTA (JP): The Indonesian Publishers Association (IKAPI) condemned on Friday a planned sweep and burning of "leftist" books and rejected any ban against them."In principle, we oppose any ban on books, even if they contain pornographic or communist content.

PBSI chairman continues war of words with Taufik

PBSI chairman continues war of words with Taufik JAKARTA (JP): While the clock is ticking prior to the Sudirman Cup and World Championships later this month, the Badminton Association of Indonesia (PBSI) chairman Subagyo Hadisiswoyo and world number three men's singles Taufik Hidayat continued...

Blood of donors vital to Indonesian Red Cross

Blood of donors vital to Indonesian Red CrossBy Hera Diani JAKARTA (JP): Do not assume that demonstrations, brawls or even a recent Muslim mass prayer have nothing to do with blood supplies in the capital. They do.

Local chiefs told to watch migrants

Local chiefs told to watch migrants JAKARTA (JP): Jakarta's Deputy Governor for Administrative Affairs Abdul Kahfi on Friday instructed chiefs of community and neighborhood units (RT/RW) to closely watch migrants who had not yet registered as Jakarta residents.

Golkar councillors exchange words

Golkar councillors exchange words MAKASSAR, South Sulawesi: Harsh words between Golkar councillors marked the provincial legislature's plenary session to hear factions' overviews of Governor HZB Palaguna's progress report here on Thursday.

U.S. Dollar Rates May.11

U.S. Dollar Rates May.11 Latest Previous %Change Yen 122.38-40 122.63-71 -0.20 Euro* 0.8772-77 0.8808-13 -0.41 Sterling 1.4185-87 1.4219-27 -0.24 Swiss Franc 1.7500-10 1.7424-34 +0.44 Canadian Dollar* 1.5386-96 1.5429-39 -0.28 Australian Dollar* 0.5231-36 0.5237-42 -0.11 New Zealand Dollar 0.

Kids pulling the purse strings, survey says

Kids pulling the purse strings, survey saysBy Maria Endah Hulupi JAKARTA (JP): The little ones may be noisy, demanding and easily bored, but advertisers and shopping center managements listen up.Indonesian kids are tiny powers behind the purse strings in the family, according to a survey conducted...

Nine 'santri' feared drowned in Serayu

Nine 'santri' feared drowned in Serayu PURBALINGGA, Central Java (JP): Nine local santri, Islamic boarding school students swept away by a strong current of Serayu River here on Friday, three of them are believed to be drowned.

Dorm occupants not known to locals

Dorm occupants not known to locals JAKARTA (JP): The occupants of the Iskandar Muda Aceh student dormitory were strangers to the neighborhood, said the neighborhood head and other locals on Friday.Most of the dorm occupants did not talk to their neighbors and led a reclusive life inside the house,...

Retail sales estimated to increase by 20%

Retail sales estimated to increase by 20% JAKARTA (JP): The Indonesian Retail Merchants Association (Aprindo) is upbeat sales will increase by 20 percent to Rp 33 trillion (about US$3 billion) this year from Rp 28 trillion last year.

Threats to freedom of expression weaken democracy

Threats to freedom of expression weaken democracyBy Christopher Lingle UBUD, Bali (JP): After years of suffering under autocratic rule, Indonesia has taken its first important steps towards being a modern democracy.

House Speaker condemns murder of Aceh legislator

House Speaker condemns murder of Aceh legislator JAKARTA (JP): Legislators on Friday condemned the murder of the People's Consultative Assembly legislator Teuku Abdul Djohan who was shot dead by unknown gunmen in Aceh.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Advertising Postcards, Gallery RPC, Jl. Suryo 8 Kebayoran Baru, South Jakarta, until May 31. * Painting by Rusli, Galeri Lontar, Jl. Utan Kayu 68H, East Jakarta (Phone: 8573388), until May 19.

Approaches of affection in Aceh

Approaches of affection in AcehFrom Media IndonesiaTo many people, the government's effort to resolve conflicts in Aceh is a reassertion of the arrogance of power. The recent massive deployment of armed forces provides ample evidence of this blatant arrogance.

Weekend lineup

Weekend lineup JAKARTA (JP): The following are the sports events to be broadcast live this weekend on local TV stations (all times given are Jakarta local time):Saturday Soccer: Italian League: Roma vs Atalanta, RCTI, 8:00 p.m.Boxing: Pan Asia Boxing Association (PABA), TVRI, 10:00 p.m.

Suggesting that Mega resign

Suggesting that Mega resign Indonesian politics is full of surprises, logical and illogical. Like lightning coming out of the blue, one of the younger sisters of Vice President Megawati Soekarnoputri has suddenly suggested that Megawati should resign her post to make way for national peace just...

S'pore most e-ready in Asia

S'pore most e-ready in Asia SINGAPORE (DPA): Singapore leads Asia in capturing the commercial potential of the Internet and ranks seventh in the world, a new global ranking showed on Friday.The London-based Economist Intelligence Unit (EIU) rated the "e-readiness" of business environments in 60...

Court decision sullies RI's reputation

Court decision sullies RI's reputation SINGAPORE: The United Nations High Commissioner for Refugees (UNHCR) is shocked and outraged at the quality of Indonesian justice. Its anger is understandable. Three of its unarmed humanitarian aid workers in West Timor were stabbed, stoned to death and their...

China's Zhu begins 4-day Pakistan visit

China's Zhu begins 4-day Pakistan visit ISLAMABAD (Reuters): Chinese Prime Minister Zhu Rongji arrived in Pakistan on Friday for a four-day visit which Pakistan hopes will cement close military and economic ties the two countries have enjoyed for half a century.

Survey shows judges lack sense of professionalism

Survey shows judges lack sense of professionalism JAKARTA (JP): Judges, commonly considered wise and honorable persons who always seek truth and justice, are often seen receiving telephone calls and, even worse, falling asleep in Indonesia's courtrooms, a survey has revealed.

Thousands call for Ja'far's release

Thousands call for Ja'far's release YOGYAKARTA: At least 2,000 people from various Muslim groups gathered at the Kauman Grand Mosque here on Friday in protest of the detention of Laskar Jihad Ahlus Sunnah Wal Jama'ah leader Ja'far Umar Thalib by the National Police.

Four golfers take the lead while Asep slumps

Four golfers take the lead while Asep slumps BOGOR, West Java (JP): Four golfers currently jointly share the lead, taking over the top position from overnight leader Asep Suganda who slumped with seven-over-par 79 for an aggregate of four-over-par 148 on the second day of the Rp 200 million...

Officer fired for theft

Officer fired for theft DENPASAR, Bali: Bali Police have dismissed a junior officer for alleged involvement in a motorcycle theft syndicate."I had no choice but to fire this officer," Bali Police chief Brig. Gen. I Wayan Ardjana said on Friday, without elaborating.

Police foil sales of mixed fuel

Police foil sales of mixed fuel MAKASSAR, South Sulawesi: The local air and water police unit (Polairud) foiled on Friday attempts to transport adulterated gasoline from Makassar Strait to other cities outside the province in the early hours of Friday.

Labor unions plan strikes against ministerial decree

Labor unions plan strikes against ministerial decree JAKARTA (JP): A number of independent labor unions are planning a series of strikes to force the government to revoke an amendment of a ministerial decree on severance and service payments.

Satria Muda, CSP record their first wins at home

Satria Muda, CSP record their first wins at home JAKARTA (JP): Satria Muda and Bali Jeff Citra Satria Pelita (CSP) recorded their first wins at home in the 2001 Nuvo Kobatama national basketball league on Friday.

Amnesty fears for Vietnamese family

Amnesty fears for Vietnamese family PHNOM PENH (Agencies): Amnesty International appealed for authorities to ensure the safety of a missing ethnic minority family under United Nations protection, who had fled to Cambodia from unrest in the Vietnamese Central Highlands, a statement said on Friday.