Indonesian Political, Business & Finance News

Archive: 15 May 2001

66 articles found

Room for change

Room for changeFrom 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...

JP/5/ASIP

JP/5/ASIPMore 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...

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...

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.

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.

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 10,900.00Austrian schilling 1 Rp 697.70Australian dollar 1 Rp 5,625.49Belgian franc 1 Rp 237.99Canadian dollar 1 Rp 7,065.99Swiss franc 1 Rp 6,253.59Deutschemark 1 Rp 4,912.12Danish krone 1 Rp 1,300.16French franc 1 Rp 1,463.

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.

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...

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.

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.

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),...

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...

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.

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.

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.

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.

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.

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 5Garbage Denpasar strives to deal with growing mountain of garbage.

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.

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.

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,...

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.

Singapore shows its all that jazz

Singapore shows its all that jazzBy 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...

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.

JP/5/ASIP

JP/5/ASIPMore 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...

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.

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.

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...

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.

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.

Stock Exchange

Stock ExchangeStock 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...

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.

Denpasar strives to deal with growing mountain of garbage

Denpasar strives to deal with growing mountain of garbageText 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.

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...

TV today

TV todayTVRI 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...

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.

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.

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.

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.

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...

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.

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...

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.

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,...

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.

Jazz musician Ibrahim a study in survival

Jazz musician Ibrahim a study in survivalBy 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.

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.

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...

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.

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.

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...

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.

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.

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.

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.

Peril of war against corruption

Peril of war against corruptionBy 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...

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.

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.

Rupiah rate May 14

Rupiah rate May 14 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 10,788.00 11,788.00 11,232.00 11,344.00Australian dollar 1 5,617.31 6,143.91 5,848.50 5,912.49Austrian schilling 1 685.84 749.84 714.07 721.60Belgian franc 1 233.95 255.78 243.57 246.

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.

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.

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.

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.

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.

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...

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.