Archive: 15 May 2001
66 articles found
Tue, 15 May 2001, 00:00 WIB
Denpasar strives to deal with growing mountain of garbage
Denpasar strives to deal with growing mountain of garbage Text and photo by I Wayan Juniartha DENPASAR, Bali (JP): It was no usual stroll-in-the morning stuff. Forget about a green city park with fresh air and birds singing. And sneakers, or any other sports shoes, would definitely be out of place. Industrial-strength boots are what is needed to explore the Suwung Main Garbage Dump, some 15 kilometers south of here. It was scorching at only 9 a.m.
Tue, 15 May 2001, 00:00 WIB
Music show erupts in communal violence
Music show erupts in communal violence PALEMBANG, South Sumatra: A communal clash broke out on Saturday during a dangdut music show in the village of Mesuji in Ogan Komering Ilir, some 200 kilometers south of Palembang, the capital of South Sumatra. The incident left two people dead and two others injured. An assistant to Ogan Komering Ilir district head, Sulaini Manaf, said the clash, involving villagers from at least three different neighborhoods, erupted in Dusun IX Kotabaru at around 11 p.m.
Tue, 15 May 2001, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on May.14, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Astra Agro 525 0 148,500 Asuransi Bina 280 -10 10,000 Andhi Chandra 1,725 0 0 Ades Alfindo 1,325 25 782,000 Adindo Foresta 100 0 32,000 GT Petrochem 160 0 0 Asuransi Harta 1,225 0 0 Asia Intiselera 275 -10 100,000 Argha Karya Prima 165 5 18,000 Aneka Kimia Raya 135 0 0 Alter Abadi 90 5 84,000 Alfa Retailindo...
Tue, 15 May 2001, 00:00 WIB
Also, Isuzu has a strong product development team that
Also, Isuzu has a strong product development team that seriously designs and redesigns Isuzu products for Indonesia. The new Isuzu Panther is wholly the product of this design team. In fact, I think Isuzu is the most serious about its product development in Indonesia. But they are still very dependent on their principal. The local team may propose a new design but it must still be approved by the principal in Japan.
Tue, 15 May 2001, 00:00 WIB
Three bombs found at two separate sites in capital
Three bombs found at two separate sites in capital JAKARTA (JP): Three bombs were found in separate locations here on Monday, alarming city residents who have yet to get over last Thursday's bombing in South Jakarta, which claimed at least three lives. The police said the first two bombs were found on a ship, at Sunda Kelapa Port in North Jakarta, while the other one, a suitcase bomb, was found at the Gedung Wanita bus-stop on Jl.
Tue, 15 May 2001, 00:00 WIB
Illegal logging rampant in Central Java
Illegal logging rampant in Central Java JAKARTA (JP): An environmental watchdog revealed on Monday that ramin timber (Gonystylus spp.) was still traded and illegally distributed at the Tanjung Emas seaport in Semarang the capital of Central Java, despite the government's decision to ban its trade and logging.
Tue, 15 May 2001, 00:00 WIB
Councillors reject wealth audit
Councillors reject wealth audit BANDUNG: The Association of Provincial Legislative Councils has told its members to defy the government's policy requiring them to declare their wealth to the State Officials' Wealth Audit Commission (KPKPN). "Basically we are not objecting or afraid of the audit. We don't mind if we are examined by foreign auditors.
Tue, 15 May 2001, 00:00 WIB
NGO demands housemaid ruling
NGO demands housemaid ruling YOGYAKARTA: Dozens of people marched to the local provincial legislative council on Monday, demanding regulations to protect housemaids from possible abuse and arbitrary treatment. The protesters, organized by the nongovernmental organization, Tjoet Njak Dien Foundation, staged a performance at the legislature building depicting the weak bargaining power of housemaids against their employers.
Tue, 15 May 2001, 00:00 WIB
JP/5/ASIP
JP/5/ASIP More realistic stance towards past wrongdoings needed Forming a strong coalition to sustain the government to 2004 should be the main agenda of this week's scheduled meeting among political party leaders, says lecturer in political science Pratikno of the Gajah Mada University in Yogyakarta. Question: What should be achieved in the meeting among political party leaders scheduled this week?
Tue, 15 May 2001, 00:00 WIB
More realistic stance toward past wrongdoings needed
More realistic stance toward past wrongdoings needed Forming a strong coalition to sustain the government until 2004 should be the main agenda of this week's scheduled meeting among political party leaders, says political science lecturer Pratikno from the Gadjah Mada University in Yogyakarta. Question: What should be achieved in the meeting among political party leaders scheduled this week?
Tue, 15 May 2001, 00:00 WIB
Singapore shows its all that jazz
Singapore shows its all that jazz By Harry Bhaskara SINGAPORE (JP): After decades of persistently high economic growth, Singapore is gearing up to become a world class cultural hub in the region. When basic needs have been fulfilled, people long for the fulfillment of their cultural and spiritual needs. That is why the upcoming jazz festival is relevant. The festival is only one of a string of events in recent years held to boost the image of Singapore as a cultural event city.
Tue, 15 May 2001, 00:00 WIB
House agrees to investigate BLBI fund scam
House agrees to investigate BLBI fund scam JAKARTA (JP): The House of Representatives (DPR) at a plenary session on Monday agreed unanimously to investigate the Rp 144 trillion (US$13 billion) Bank Indonesia Liquidity Support (BLBI) scandal. The investigation was proposed by the Indonesian Democratic Party of Struggle (PDI Perjuangan) and National Awakening Party (PKB) factions.
Tue, 15 May 2001, 00:00 WIB
Government to raise price of generic drugs
Government to raise price of generic drugs JAKARTA (JP): Local pharmaceutical companies have received government approval to increase the price of generic drugs by between 20 percent and 30 percent. The head of the Food and Drug Control Agency (BPOM), Sampurno, said on Monday the price hike, effective on Tuesday, was essential to help producers cope with higher operating costs due to the removal of a government subsidy. "The government has no choice but to raise the prices.
Tue, 15 May 2001, 00:00 WIB
S'pore telcos to spend $1.6b
S'pore telcos to spend $1.6b SINGAPORE (Dow Jones): Capital investment in Singapore's telecommunications sector is likely to exceed S$3 billion (US$1.6 billion) over the next five or six years, Yeo Cheow Tong, minister for communications and information technology said Monday. Yeo was speaking at the second Asia Pacific Telecommunications and Information Technology Forum and Exhibition in Jakarta, Indonesia.
Tue, 15 May 2001, 00:00 WIB
Demand to dissolve Golkar rejected
Demand to dissolve Golkar rejected JAKARTA (JP): The Supreme Court on Monday hinted that it would not process the demand by a group of five plaintiffs to dissolve Golkar Party saying a similar lawsuit by another group is currently being processed by the Central Jakarta District Court. Deputy chief justice for military law, German Hudiarto, said to avoid an overlapping with the lower court, the Supreme Court decided not to accept the group's litigation against Golkar.
Tue, 15 May 2001, 00:00 WIB
Man killed in N. Jakarta brawl
Man killed in N. Jakarta brawl JAKARTA (JP): A brawl between Lagoa and Cilincing residents in Koja district of North Jakarta late on Sunday claimed the life of Cilincing resident Aan Karnadi, 21. Police took Aan's body to Cipto Mangunkusumo General Hospital morgue for an autopsy. M.
Tue, 15 May 2001, 00:00 WIB
JP/5/ASIP
JP/5/ASIP More realistic stance toward past wrongdoings needed Forming a strong coalition to sustain the government until 2004 should be the main agenda of this week's scheduled meeting among political party leaders, says political science lecturer Pratikno from the Gadjah Mada University in Yogyakarta. Question: What should be achieved in the meeting among political party leaders scheduled this week?
Tue, 15 May 2001, 00:00 WIB
Five-year jail term sought for ex-Aspac official
Five-year jail term sought for ex-Aspac official JAKARTA (JP): In the first trial involving the misuse of Bank Indonesia's credits, the prosecution asked the South Jakarta District Court on Monday to sentence Hendrawan Haryono, the former credit director of the now defunct Bank Aspac, to five years in prison for embezzlement. Prosecutor Sutyanto said in his indictment the defendant caused the state Rp 538 billion in losses through the misappropriation of state funds channeled to the bank.
Tue, 15 May 2001, 00:00 WIB
China, N. Korea set to confront U.S. on defense
China, N. Korea set to confront U.S. on defense HANOI (AFP): China and North Korea were expected to confront the United States over its planned missile defense system when officials meet here for an ASEAN Regional Forum this week, diplomats said on Monday. "The issues cover a vast area and any country can raise any issue. I think China and North Korea will raise the missile defense and of course other countries will raise it too," one diplomatic source told AFP. U.S. President George W.
Tue, 15 May 2001, 00:00 WIB
Debating the feasibility of owning a convenient or luxury car
Debating the feasibility of owning a convenient or luxury car JAKARTA (JP): Over the past few years, members of the public have debated what the correct definition is for "ordinary" cars and "exclusive" cars. For many, it is not easy to differentiate the two, but it is easy to feel and see the difference. The crystal clear distinction is that the latter category is usually owned by the "haves" due to its dear price tag, which now exceeds Rp 1 billion.
Tue, 15 May 2001, 00:00 WIB
Rates for tax payment, valid from May 14 to May 20
Rates for tax payment, valid from May 14 to May 20 U.S. dollar 1 Rp 10,900.00 Austrian schilling 1 Rp 697.70 Australian dollar 1 Rp 5,625.49 Belgian franc 1 Rp 237.99 Canadian dollar 1 Rp 7,065.99 Swiss franc 1 Rp 6,253.59 Deutschemark 1 Rp 4,912.12 Danish krone 1 Rp 1,300.16 French franc 1 Rp 1,463.60 Poundsterling 1 Rp 15,501.98 Hong Kong dollar 1 Rp 1,397.51 Italian lira 100 Rp 495.83 Japanese yen 100 Rp 8,895.78 Malaysian ringgit 1 Rp 2,868.42 Dutch guilder 1 Rp 4,356.62 New Zealand dollar...
Tue, 15 May 2001, 00:00 WIB
Former official sues President
Former official sues President JAKARTA (JP): The former secretary-general of the forestry ministry, Soeripto, has filed a defamation lawsuit against President Abdurrahman Wahid. Soeripto was dismissed by Abdurrahman in March. The President alleged Soeripto had held a meeting to plot his downfall and had aided in the escape of the fugitive Hutomo "Tommy" Mandala Putra. "The civil lawsuit was filed on May 8.
Tue, 15 May 2001, 00:00 WIB
Student rally turns violent, two injured and three missing
Student rally turns violent, two injured and three missing JAKARTA (JP): A rally by students demanding the dissolution of the former ruling Golkar Party turned violent on Monday when demonstrators clashed with police in front of the Ministry of Defense, leaving two students injured and three others missing. The violence continued when the police chased the demonstrators, riding in minibuses, to Jl.
Tue, 15 May 2001, 00:00 WIB
Government warned negative spread a threat to banks
Government warned negative spread a threat to banks JAKARTA (JP): The House of Representatives finance committee warned the government on Monday to immediately seek a solution to the negative spread problem threatening some of the country's major banks.
Tue, 15 May 2001, 00:00 WIB
Room for change
Room for change From Rakyat Merdeka "There is (plenty of) room for change" is all we have been expecting to hear from our President Abdurrahman "Gus Dur" Wahid. That was part of the proposals forwarded to the President by the Coordinating Minister for Social and Political Affairs, Susilo Bambang Yudhoyono, recently for and on behalf of the Cabinet, by way of response to the second memorandum of censure from the House of Representatives.
Tue, 15 May 2001, 00:00 WIB
Where to go in Bandung:
Where to go in Bandung: Exhibition * Batik Prameswari, by Enka Batik, at Grand Hotel Preanger Bandung, Jl. Asia Afrika No. 81 (Phone: 022 4231631), 9 a.m. to 9 p.m. until May 31. Performances * Sundanese Dance, Music: Nuit en Pays Sunda (Semalam di Tatar Sunda, by Credible group (students of UNPAD), CCF - French Cultural Center, Jl. Purnawarman 32 (Phone:
Tue, 15 May 2001, 00:00 WIB
Five-year jail term sought for ex-Aspac official
Five-year jail term sought for ex-Aspac official JAKARTA (JP): In the first trial involving the misuse of Bank Indonesia's credits, the prosecution asked the South Jakarta District Court on Monday to sentence Hendrawan Haryono, the former credit director of the now defunct Bank Aspac, to five years in prison for embezzlement. Prosecutor Sutyanto said in his indictment the defendant caused the state Rp 538 billion in losses through the misappropriation of state funds channeled to the bank.
Tue, 15 May 2001, 00:00 WIB
Complaints on exam fee continues
Complaints on exam fee continues JAKARTA (JP): Many elementary and junior high schools continue to collect state exam fees from students despite a government prohibition, an official disclosed on Monday. The spokesman for the Ministry of National Education, Setiono, said all schools, including state, private and Islamic schools, had been instructed not to collect exam fees from students.
Tue, 15 May 2001, 00:00 WIB
Telselindo's service may be delayed
Telselindo's service may be delayed JAKARTA (JP): Cellular phone company PT Telselindo Nusantara maybe unable to begin operations early next year as originally planned because the government said it would not issue any more operating licenses this year. "We will not issue any more licenses in the near future," Director General of Posts and Telecommunications Djamhari Sirat said at the Asia Pacific Telecom 2001 exhibition here.
Tue, 15 May 2001, 00:00 WIB
The ability to pay
The ability to pay Since the beginning of the 1997 Indonesian economic crisis, much has been written in these columns about the ever-increasing wealth disparity on the streets of Jakarta and the need for the government to cut back and eventually eliminate fuel subsidies. Could I perhaps propose one measure, which would tackle in some small way both of these issues.
Tue, 15 May 2001, 00:00 WIB
Underdogs Dwidasa stuns Panasia
Underdogs Dwidasa stuns Panasia JAKARTA (JP): Thirty-two-year old Bintoro scored 28 points for his club Dwidasa Mitra of Jakarta shocking Panasia Indosyntec of Bandung 72-67 in the fifth day of the third leg of 2001 Nuvo Kobatama national basketball league on Monday. However, Dwidasa is still facing relegation for finishing bottom in the 10-team event. The second match saw newly promoted Angsapura Sania of Medan, North Sumatra, crush Bima Sakti Nikko Steel of Malang, East Java, 69-62.
Tue, 15 May 2001, 00:00 WIB
India signs economic deals with Malaysia
India signs economic deals with Malaysia PUTRAJAYA, Malaysia (Reuters): Indian Prime Minister Atal Behari Vajpayee signed a raft of bilateral economic agreements on Monday at the start of a three-day visit to Malaysia. Vajpayee, who arrived on Sunday with Information Technology Minister Pramod Mahajan and a 75-member business delegation, also held talks with Prime Minister Mahathir Mohamad.
Tue, 15 May 2001, 00:00 WIB
BLBI
BLBI House agrees to investigate BLBI funds scam. Page 2 Taxes Vehicle taxes increase by up to 15%. Page 3 Wrongdoings More realistic stance toward past wrongdoings needed. Page 5 Garbage Denpasar strives to deal with growing mountain of garbage. Page 7 Debt Weak rupiah hampers debt restructuring target: JITF. Page 10 Rubber World rubber prices hit bottom, no rapid rise seen. Page 11 Deals India signs economic deals with Malaysia.
Tue, 15 May 2001, 00:00 WIB
Myanmar sets date for eviction suit
Myanmar sets date for eviction suit YANGON (AFP): A Myanmar court said on Monday it would announce its ruling at the end of May on a suit filed by democracy leader Aung San Suu Kyi's brother to evict her from her home in Yangon. Aung San Oo is making his second bid to evict his Nobel peace prize laureate sister from her lakeside residence, where she has been confined by the ruling generals since September, after a first attempt was dismissed on a technicality in January.
Tue, 15 May 2001, 00:00 WIB
FIFA chief visits Sri Lanka
FIFA chief visits Sri Lanka COLOMBO (AP): The chief of the world's largest sports body, FIFA, arrived in Sri Lanka on Monday for a two-day visit to help develop soccer in this island nation. Joseph Blatter was welcomed with banners and posters on the streets of the capital Colombo, put up by the Football Federation of Sri Lanka.
Tue, 15 May 2001, 00:00 WIB
Military arrests man for making weapons for GAM
Military arrests man for making weapons for GAM PADANG, West Sumatra (JP): Intelligence personnel from the Wirabraja Military Regional Command in Padang arrested an Acehnese man on suspicion of manufacturing weapons for the separatist Free Aceh Movement (GAM), an officer said on Monday. Wirabraja Regional Military Commander Col. Soeprijanto identified the suspect as 46-year-old Tengku Saleh.
Tue, 15 May 2001, 00:00 WIB
Six wanted over Rp 300m robbery
Six wanted over Rp 300m robbery JAKARTA (JP): Six people are wanted for a Rp 300 million (US$26,700) armed robbery at a residence in the Pamulang Estate residential complex in Tangerang. Pamulang Police chief Adj. Comr. Wiyarso said the incident occurred at 2 a.m. on Monday at the house of Jeffrey Roy Sopahua, 41, located in Block H of the residential complex.
Tue, 15 May 2001, 00:00 WIB
Vehicle taxes increase by up to 15%
Vehicle taxes increase by up to 15% JAKARTA (JP): Painstaking efforts to boost city revenue has led the city administration to an unpopular decision to increase vehicle taxes between 0.34 percent and 14.87 percent. City Revenue Agency head Deden Supriadi said on Monday that the new tax rates took effect on April 25, following the issuance of gubernatorial decree No. 33/2001 on vehicle and change of vehicle ownership taxes.
Tue, 15 May 2001, 00:00 WIB
JP/10/JOB
JP/10/JOB Networking 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. "It's not what you know, but who you know" is a familiar saying, yet it is only half true.
Tue, 15 May 2001, 00:00 WIB
Government plays down AIDS threat
Government plays down AIDS threat JAKARTA (JP): An activist regretted on Monday the government's tendency to play down the spread of HIV/AIDS, saying it would only hamper the campaign to control the disease. "Our government insists that our country has a low prevalence of HIV/AIDS while in fact the number of cases is increasing with time. Government officials are reluctant to admit that the disease is a threat to everyone," noted HIV/AIDS campaigner Baby Jim Aditya said.
Tue, 15 May 2001, 00:00 WIB
Rupiah rate May 14
Rupiah rate May 14 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.
Tue, 15 May 2001, 00:00 WIB
Resolving the riots: Is it possible?
Resolving the riots: Is it possible? JAKARTA (JP): It has been three years since the May riots caused Indonesia to plunge into its darkest hours of destruction but, legally, the case still remains unsolved, leaving many people in doubt as to whether the issue actually can be settled. Munir, Chairman of the Commission for Missing Persons and Victims of Violence (Kontras), said that reconciling the incidents of widespread violence had too many obstacles needing to be overcome.
Tue, 15 May 2001, 00:00 WIB
Old painting expo at National Library
Old painting expo at National Library JAKARTA (JP): Vice President Megawati Soekarnoputri opened on Monday an exhibition at the National Library featuring 50 paintings made in the 1770s by Dutch East India Company (VOC) soldier Johannes Rach. The three-day exhibition is held in celebration of its 21st anniversary which falls on May 17.
Tue, 15 May 2001, 00:00 WIB
Peril of war against corruption
Peril of war against corruption By Peter Kerr This is the second of two articles on efforts to fight corruption in recent months. JAKARTA (JP): It is ironic that, having shrugged off 32 years of central control and grand-scale cronyism under Soeharto, Indonesia now confronts new dangers created by its very freedoms.
Tue, 15 May 2001, 00:00 WIB
RI, Thailand to boost economic ties
RI, Thailand to boost economic ties BANGKOK (Agencies): Indonesia and Thailand signed a raft of cooperation agreements on Monday covering natural gas, oil, rubber and fisheries during a flying one-day visit by President Abdurrahman Wahid. "We reached agreements on Monday on natural gas, on oil, on rubber and fisheries," the Indonesian president told reporters after a meeting with Thai Prime Minister Thaksin Shinawatra.
Tue, 15 May 2001, 00:00 WIB
Indonesia's women hammer throwers eye SEA Games gold
Indonesia's women hammer throwers eye SEA Games gold JAKARTA (JP): Indonesian women hammer throwers Nia Meilani and Yurita Ariani are eying the gold medal at the new event of the Kuala Lumpur Southeast Asian (SEA) Games in September. "We are aiming to win the gold and we hope to bring it home," Yurita told The Jakarta Post on Monday on the sidelines of a 10- day training camp for women hammer throwers.
Tue, 15 May 2001, 00:00 WIB
Theys' subversion trial begins
Theys' subversion trial begins JAKARTA (JP): Papuan Presidium Council chairman Theys Hiyo Eluay remained defiant as court proceedings on charges of subversion against him commenced on Monday in the Jayapura District Court. The trial of Theys and four other defendants -- Don A.L. Flassy, Thaha Al Hamid, the Reverend Herman Awom and John Mambor -- in Abepura opened amid tight police security as there had been suggestions that the proceedings were tantamount to political persecution.
Tue, 15 May 2001, 00:00 WIB
Semarang to host volleyball c'ship
Semarang to host volleyball c'ship SEMARANG (JP): Semarang will host the Inter-Club National Volleyball Championships from May 28 to June 3. Twenty-eight teams from 10 provinces have confirmed their participation in the event. The 10 provinces are East Kalimantan, Banten, West Java, Bali, Lampung, West Nusa Tenggara, Jakarta, East Java, Yogyakarta and host Central Java, which will send its five best teams.
Tue, 15 May 2001, 00:00 WIB
Bogor revenue from taxes seen up
Bogor revenue from taxes seen up BOGOR (JP): While many people worry about the decline of their incomes during the present economic crisis, the Bogor revenue office is optimist that it will collect revenues in excess of its target.
Tue, 15 May 2001, 00:00 WIB
TV today
TV today TVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Music 8:30 Documentary 9:00 Children's Program 10:00 Music 11:00 Regional News 12:00 p.m. Interval 3:00 News 3:30 TV Series: Fun With Math 4:00 Children's Songs 5:00 News 5:30 Economic News 6:00 Village News 6:15 TV Drama 7:00 Evening News 7:30 Talk Show 8:00 Music 9:30 TV Series 10:00 News 11:00 TV Drama Program 2 5:30 p.m. Music 6:30 City News 7:00 Music 7:30 News (in English) 8:30 Documentary TPI 5:30 a.m.
Tue, 15 May 2001, 00:00 WIB
PSN to install satellite phones in villages
PSN to install satellite phones in villages JAKARTA (JP): Satellite telecommunications service provider PT Pasifik Satelit Nusantara (PSN) disclosed on Monday plans to provide satellite phone services to more than 50,000 villages nationwide by the end of next year. PSN president Adi R. Adiwoso said the company had distributed its satellite phones to 500 villages across the country for technical trials and would officially launch the service in July.
Tue, 15 May 2001, 00:00 WIB
Lion Airlines plans to expand regional routes
Lion Airlines plans to expand regional routes JAKARTA (JP): Private air carrier PT Lion Mentari Airlines plans to open regional routes to East Timor, Taiwan, South Korea and India this year in a bid to further strengthen its foothold in the regional airline industry. Lion Airlines president Rusdi Kirana said here on Monday that the airline would commence its daily flights from Denpasar to Dili, East Timor on May 23.
Tue, 15 May 2001, 00:00 WIB
Scotch mist at Highland Gathering?
Scotch mist at Highland Gathering? The Highland Gathering at Lippo Karawaci was a high point for me last week, until I noticed a lot of children outside the grounds attempting to watch the event through a very high wire fence. I left the grounds to see how the children and some parents were experiencing the event. Inside the grounds children, mostly of Western or mixed race origin enjoyed themselves on the grease pole.
Tue, 15 May 2001, 00:00 WIB
680 fake traffic documents found
680 fake traffic 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. Chief of the agency Buyung Atang said over the weekend that some of the documents were totally fake, while some others had only signatures or other parts of the certificates forged. He said that of the phony documents, some 450 documents were seized in March.
Tue, 15 May 2001, 00:00 WIB
Indoexchange to float shares Thursday
Indoexchange to float shares Thursday JAKARTA (JP): Internet portal operator PT Indoexchange Dotcom said on Monday it would float on the Jakarta and Surabaya stock exchanges on Thursday. Senior vice president of Indoexchange's lead underwriter, PT Ciptadana Securities, Susanto Kusnadi, said shares of Indoexchange were oversubscribed during its initial public offering from May 2 to May 4.
Tue, 15 May 2001, 00:00 WIB
VP silent to demand for Jihad cheif release
VP silent to demand for Jihad cheif release JAKARTA (JP): Vice President Megawati Soekarnoputri refused to respond to the Muhammadiyah youth organization's request for the release of Laskar Jihad Ahlus Sunnah Wal Jamaah commander Ja'far Umar Thalib. Speaking at a media briefing after meeting Megawati in her office on Monday, the organization's deputy chairman, Nadjamuddin Ramly, said that Ja'far should be released as his arrest violated legal procedure.
Tue, 15 May 2001, 00:00 WIB
Car thief gets death sentence
Car thief gets death sentence PURWOKERTO, Central Java: A man who specialized in car thefts was sentenced to death by Purwokerto District Court on Monday for murdering a lawyer two months ago. Presiding judge Sarnubi said the capital sentence was handed down to the defendant, 25-year-old Rio Alex Bulo, because he showed no remorse and was impolite during the trial. Rio's lawyer Pranoto and Sukarjo said they would consider an appeal to a higher court.
Tue, 15 May 2001, 00:00 WIB
Broadening the tax base
Broadening the tax base Easing the tax burden is, theoretically, one of the policy instruments usually employed by a government to reinvigorate a slumping economy. The rationale is that a lighter tax burden will increase the amount of disposable income of taxpayers, thereby bolstering their purchasing power and consequently strengthening private consumption so as to encourage economic activity.
Tue, 15 May 2001, 00:00 WIB
Customized vehicles to become the order of the future
Customized vehicles to become the order of the future JAKARTA (JP): The future of product development in the country's automotive industry has become the foremost concern of major automakers. It is not purely about the attack of CBUs, but also the trends and purchasing power of the domestic market, among other things. Agus Langgeng, chief editor of OTOMOTIF tabloid, shared his views during an interview on Monday.
Tue, 15 May 2001, 00:00 WIB
Teasing the market
Teasing the market JAKARTA (JP): The automotive industry, much like the electronics industry, thrives on its ability to persuade consumers to purchase new products despite having older versions that run perfectly well. Dealers seem to have a way of convincing people that even if their car is still comfortable, they need a new make which boasts more superior features. A good example of the nature of the industry in relation to this pertains to the owners of the Suzuki Escudo and Vitara.
Tue, 15 May 2001, 00:00 WIB
Jazz musician Ibrahim a study in survival
Jazz musician Ibrahim a study in survival By Ivy Susanti JAKARTA (JP): Faith, ancestral heritage and years of creative cooperation with jazz king Duke Ellington have made Abdullah Ibrahim the jazz artist he is today. The hardship and discrimination he experienced during the apartheid era gave him a sharper perspective in educating the younger generation in their African musical heritage.
Tue, 15 May 2001, 00:00 WIB
Weak rupiah hampers debt restructuring target: JITF
Weak rupiah hampers debt restructuring target: JITF JAKARTA (JP): A weaker and volatile rupiah coupled with political instability have hampered debt restructuring negotiation of indebted companies under the Jakarta Initiative Task Force (JITF), an executive at the task force said on Monday. JITF chairman Bacilius Ruru said unfavorable economic conditions as well as lingering political instability are obstructions to current and upcoming debt restructuring talks.
Tue, 15 May 2001, 00:00 WIB
Driving more conveniently with Baleno automatic
Driving more conveniently with Baleno automatic In urban areas across the country, the main problem for most drivers is the traffic jam. The number of private cars has increased significantly and traffic jams have become a part of life during the peak periods, such as rush hour or even holiday weekends. In Jakarta, drivers even take the toll to avoid congested areas. Most times, people have driven out of a traffic jam only to find that nothing caused it.
Tue, 15 May 2001, 00:00 WIB
Ferromanagnese dumping charge
Ferromanagnese dumping charge JAKARTA (JP): The Indonesian Antidumping Committee (KADI) said on Monday that it had launched an antidumping investigation on ferromanganese and silicon manganese imports from India, South Korea and Singapore. "Our research found strong indications of imported ferromanganese and silicon manganese with dumping prices from these three countries," KADI chairman Riyanto B. Yosokumoro was quoted as saying by Antara.
Tue, 15 May 2001, 00:00 WIB
Japanese tricked by new friends
Japanese tricked by new friends DENPASAR, Bali: A thirty-year old Japanese filed a report with local police on Monday saying he had been duped by three unidentified locals during a card game in which he lost around Rp 34 million. A police source identified the Japanese man as Toshio Inose. The police report said that Inose admitted to having been lured by two new female acquaintances to play a card game that he had never played before.
Tue, 15 May 2001, 00:00 WIB
Search continues for political compromise
Search continues for political compromise JAKARTA (JP): With only 15 days remaining until President Abdurrahman Wahid faces his censure deadline, the delicate search for a political compromise remained a distant prospect with key figures in the negotiations sending mixed signals on the progress achieved.