Indonesian Political, Business & Finance News

Archive: 16 May 2001

70 articles found

KPC shareholders agree to 51% divestment

KPC shareholders agree to 51% divestment JAKARTA (JP): Shareholders of coal mining company PT Kaltim Prima Coal in East Kalimantan said on Tuesday they had agreed to the government's request to divest 51 percent of the company's shares to local investors this year.

Legal action taken against illegal loggers

Legal action taken against illegal loggers JAKARTA (JP): The government claimed on Tuesday to have honored its promise to the Consultative Group on Indonesia (CGI) to crack down on rampant illegal logging. Citing the report of National Police chief Gen.

Economists warn government over plans to increase VAT

Economists warn government over plans to increase VAT JAKARTA (JP): Economists warned the government on Tuesday that the plan to raise value added tax (VAT) to help stabilize the 2001 state budget deficit could be harmful to the overall economy. Economist Didik Rachbini said that the tax increase would hurt the business sector as it would cut into sales volumes, which in turn might create further unemployment. "The business sector has been badly hurt by the current economic crisis.

House faction chiefs meet today

House faction chiefs meet today JAKARTA (JP): Leaders of political factions at the House of Representatives are slated to meet at Hotel Indonesia on Wednesday to find a common platform following the issuance of the House's second censure of President Abdurrahman Wahid. Nine of the ten factions at the House have confirmed their participation in the meeting, including the National Awakening Party faction, a strong supporter of the President.

Acehnese need better lives, not broad autonomy

Acehnese need better lives, not broad autonomy JAKARTA (JP): The Acehnese do not need the wide-ranging autonomy offered by the government, but a major improvement in their welfare, National Resilience Institute (Lemhannas) governor Ermaya Suradinata said on Tuesday. Ermaya said Aceh remained far from being developed despite its abundant natural resource. "Special autonomy is not the answer to the lingering problems in Aceh.

AriaWest files arbitration

AriaWest files arbitration JAKARTA (JP): PT AriaWest International filed on Tuesday a US$1.3 billion arbitration claim against state owned telecommunication company PT Telekomunikasi Indonesia (Telkom). "We are still keeping the door open for settlement. The arbitration claim does not change that "We still hope that the government will act quickly and work with us in the time that remains to reach a win-win solution," AriaWest's president John Vondras said in a statement.

SSX faces closure as financial woes worsen

SSX faces closure as financial woes worsen SURABAYA (JP): The financially strapped Surabaya Stock Exchange (SSX) might have to cease operating if existing shareholders refuse to inject fresh funds into the East Java- based stock market. Hindarmojo Hinuri K., an SSX director, said here on Monday that the exchange's management had formally asked shareholders to inject Rp 27 billion (about US$2.5 million) in additional funds to keep the exchange afloat.

Councillors ask for city chapter of KPKPN

Councillors ask for city chapter of KPKPN JAKARTA (JP): In an apparent effort to buy time in declaring their wealth, city councillors demanded the State Officials' Wealth Audit Commission (KPKPN) establish a city chapter, as stated by law, to audit their wealth. During a meeting with KPKPN officials at the council building, city council chairman Edy Waluyo said that he had sent a letter to the commission, demanding the establishment of the city branch of PKPN as required by Law No. 28/1999.

Gadjah Mada hosts university forum

Gadjah Mada hosts university forum YOGYAKARTA: Yogyakarta's Gadjah Mada University is currently hosting a two-week Educational Forum of the Association of Southeast Asian Nations' University Network (AUN). Gadjah Mada University spokesperson Suwarni said on Tuesday that the event, which began on Monday, was aimed at enhancing educational awareness among ASEAN member states. The annual event is the realization of an agreement reached by ASEAN member states in 1995.

N. Korean officials arrive in Hanoi for ARF debut

N. Korean officials arrive in Hanoi for ARF debut HANOI (AFP): North Korean officials touched down amid tight security here on Tuesday for a rare appearance on an international stage at its first official meeting with delegates from the ASEAN Regional Forum, diplomats said. "The potential meeting of North Korea as a fully fledged member will be the highlight. Security issues and NMD (National Missile Defense) should also be main issues," one diplomat told AFP.

KL Islamic party opens to women

KL Islamic party opens to women KUALA LUMPUR (AFP): Malaysia's Islamic opposition party is opening up to give women a bigger say in its forthcoming annual assembly, its leader said on Tuesday. For the first time, women will sit as delegates at the Parti Islam SeMalaysia's (PAS) general assembly from June 1 to June 3 at its headquarters in Kuala Lumpur, said PAS president Fadzil Noor. PAS has more than 700,000 members and at least half of them are women, he added.

Most Asian bourses flat ahead of U.S. Fed meeting

Most Asian bourses flat ahead of U.S. Fed meeting SINGAPORE (Agencies): Japanese shares headed higher while most other Asian equity markets were little changed on Tuesday, as investors awaited the outcome of the U.S. Federal Reserve meeting later in the day. Also adding an air of uncertainty to the equity market was Saturday's scheduled unveiling by index compiler Morgan Stanley Capital International (MSCI) of its new constituents and inclusion factors for its global indices.

Government threatens firms abusing fuel subsidies

Government threatens firms abusing fuel subsidies JAKARTA (JP): The government warned on Tuesday that it would order state oil and gas company Pertamina to cut the fuel supply of companies suspected of abusing fuel subsidies Minister of Energy and Mineral Resources Purnomo Yusgiantoro said companies which were found to have abused fuel subsidies would be asked to import their fuel.

Asian currencies mostly lower

Asian currencies mostly lower SINGAPORE (Dow Jones): Most Asian currencies had drifted lower late Tuesday as the dollar held on to its overnight gains against the yen, although caution ahead of the U.S. Federal Reserve's decision on interest rates confined trading to narrow ranges, dealers said. The Indonesian rupiah ended slightly lower against the U.S. dollar, but off intraday lows as investors took profit on the U.S. unit's gains, traders said.

Taufik ready for Sudirman Cup despite missing warm-up

Taufik ready for Sudirman Cup despite missing warm-up JAKARTA (JP): Men's singles shuttler Taufik Hidayat will still join Indonesia's squad for the Sudirman Cup mixed team event despite his absence at a warm up session last week. "Taufik's absence at last week's session was not a big deal. The most important thing is that he will be ready for the Sudirman Cup," training director Christian Hadinata told The Jakarta Post by phone on Tuesday.

Experts, politicians differ on new city structure

Experts, politicians differ on new city structure JAKARTA (JP): Experts and politicians agreed on Tuesday that a new organizational structure of the city administration should be trim and efficient, but they differed on the separation of the administrative bureaucracy from politics. Speaking in a seminar here, scientists Johermansyah Johan and Sadly Abdul Jabar and constitutional law professor Harun Alrasid viewed that bureaucracy should be separated from politics.

Motorists, beware in Puri Kembangan area

Motorists, beware in Puri Kembangan area Arriving home from a trip abroad, I took a taxi from the airport toward my residence in western Jakarta through Kamal toll road on May 7, 2001. It was about 2:30 p.m. when the taxi had a flat tire at Puri Kembangan area. Impulsively, I got out of the taxi to have a look at the flat tire. When the driver was changing the rear left tire, I was squatting next to him on the ground.

Rare drawings show Jakarta's past beauty

Rare drawings show Jakarta's past beauty By Ida Indawati Khouw JAKARTA (JP): Jakarta residents today can thank a Danish soldier and artist for his legacy of a complete typography of what was then Batavia in the 18th century. It's the past beauty of the Batavia landscape that shines through in the 50 original drawings of Johannes Rach (1720-1783), which are on display at the National Library in Central Jakarta from Tuesday to Thursday in cooperation with the Rijkmuseum of Amsterdam.

Indonesia needs $28.45 billion to avoid power crisis

Indonesia needs $28.45 billion to avoid power crisis JAKARTA (JP): Indonesia needs around US$28.45 billion in new investment over the next 10 years in a bid to stave off a power crisis which has started to hit some parts of the country. Director general for electricity Luluk Sumiarso said the new investments were needed to add to power supply by 24,549 megawatts (MW), and new transmission networks of 11,648 kilometers in the next 10 years.

Two bodies found, with stab wounds

Two bodies found, with stab wounds JAKARTA (JP): Two male bodies, each marked with a dozen stab wounds, were found in two separate locations here on Tuesday. Morgue staff at the Cipto Mangunkusumo General Hospital (RSCM) identified the first corpse as Hidayat bin Cecep, 21, and the second as Mawardji, 26. Hidayat was found with 13 stab wounds, some 300 meters from his residence in the Pondok Pucung village of Pondok Aren, Tangerang.

Arroyo urges unity after violent elections

Arroyo urges unity after violent elections MANILA (AP): With administration candidates slightly leading exit polls and very early counts, President Gloria Macapagal Arroyo called for national unity on Tuesday after deadly, divisive local and congressional elections. "Let's be united again. It's time for healing," Arroyo said, a day after elections seen as a power struggle between her and the man she replaced and helped oust, jailed former President Joseph Estrada.

Siemens shows 65% rise in mobile sales

Siemens shows 65% rise in mobile sales JAKARTA (JP): PT Dian Graha Elektrika, sole distributor of Siemens mobile phones, booked a 65 percent increase in sales in the first quarter of this year, thanks to the launching of its new model handset late last year. The company's general manager Robby Darmasetiawan said Siemens' mobile phone sales reached 75,000 units during the January to March period compared with 45,000 units in the same period last year.

KL to set sea lanes for ships

KL to set sea lanes for ships KUALA LUMPUR (DPA): Malaysia will soon designate specific sea lanes for all vessels sailing in waters off Sabah state on Borneo island in an attempt to curb pirate and terrorist attacks, news reports said on Tuesday. The ruling might be enforced as early as next month and was aimed at stepping up the safety of ships and Sabah, which lies near the southern Philippines.

Australia Optus, Telecom NZ, SingTel mull cable project

Australia Optus, Telecom NZ, SingTel mull cable project SYDNEY (Dow Jones): Australia's Cable & Wireless Optus Ltd. said Tuesday it has teamed up with Telecom Corp. of New Zealand Ltd. and Singapore Telecommunications Ltd. to examine the development of a broadband cable that would link Australia to Singapore via Indonesia. While corporate talks are at an early stage, analysts say there is a good chance the venture will proceed due to ballooning demand for corporate data services in the region.

Pertamina flexible in marketing Tangguh LNG

Pertamina flexible in marketing Tangguh LNG SEOUL (Dow Jones): Indonesia's state-run Pertamina said Monday that it is willing to be flexible in how it markets new liquefied natural gas from Tangguh LNG in Irian Jaya. "Pertamina recognizes that the market demands... evolution in LNG contracts," said Sjahrial Daud, the senior vice president director of corporate affairs at Pertamina.

Ship crew questioned over bomb find

Ship crew questioned over bomb find JAKARTA (JP): Jakarta Police spokesman Sr. Comr. Anton Bachrul Alam said on Tuesday that police were interrogating 12 people in connection with two homemade bombs found on a ship, at Sunda Kelapa Port, in North Jakarta. Anton identified the 12 people as the ship's captain, M. Nasir, crew members Maseliman, Agus Tang, Rustam Fatah, Freddy Uliselan, J Luhukay, La Tamuda, Tecy Patti Peilohy, Isak Ferdinandus, Fater Rahim, Abdul Malik, and Rahmat.

Cutting fuel subsidies

Cutting fuel subsidies The state oil monopoly Pertamina disclosed on Monday that a number of industrial companies in the Greater Jakarta Area allegedly bought subsidized automotive diesel oil through gasoline stations. Pertamina detected this abuse after learning that many gas stations near industrial centers had run out of stocks much sooner than they used to, even though there were no reasons for panic buying.

Monas street vendors fight the law to survive

Monas street vendors fight the law to survive JAKARTA (JP): Street vendors may not appear to have much in common with heavyweight businesspeople, but both are involved in the same game of survival of the fittest in the city where money talks. While many people allege it is common practice for tycoons to bribe state officials, money is also what allows illegal vendors to survive despite their being viewed as the main source of public disorder.

EU urges peace in RI

EU urges peace in RI BRUSSELS (AFP): The European Union encouraged Indonesia on Monday to "resolve peacefully" its many internal conflicts, in a statement adopted by EU foreign ministers that also called for closer European ties with Southeast Asia's biggest nation. Underlining what it called "the strategic importance of a strong, democratic, united and prosperous Indonesia," the 15- nation club of rich European states "expressed concern" at developments in the country.

Rupiah rate May 15

Rupiah rate May 15 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

Jailed Bob Hasan suspended from IOC

Jailed Bob Hasan suspended from IOC LAUSANNE, Switzerland (AP): Mohamad "Bob" Hasan, who is serving a six-year jail term in Indonesia on corruption charges, was suspended Tuesday as a member of the International Olympic Committee (IOC). The IOC executive board announced the sanction after receiving a recommendation from its ethics commission. Pending further investigation, Hasan could face expulsion from the IOC at its session in Moscow in July, IOC director general Francois Carrard said.

Thailand, RI to revive E. Natuna gas, pipeline deal

Thailand, RI to revive E. Natuna gas, pipeline deal SINGAPORE (Dow Jones): The Thai and Indonesian governments have agreed to revive a deal to pipe natural gas from the East Natuna Sea to Thailand, according to the Thai Foreign Ministry. In the joint Protocol Relating to Economic Trade and Tourism Cooperation, released Monday, the two sides said a memorandum of understanding for the East Natuna gas will be finalized "after 2003," and first gas is expected in 2013.

Government to fight malaria outbreak

Government to fight malaria outbreak SEMARANG (JP): The government will conduct a five-month program to contain the outbreak of malaria in Java and Bali, following a recent outbreak of the disease in villages at the foot of Menoreh mountain that borders regencies in Yogyakarta and Central Java.

House against seizure of 'leftist books'

House against seizure of 'leftist books' JAKARTA (JP): The House of Representatives gave a moral boost on Tuesday to groups of people who have defended their right to read and write books on communism, Marxism, or Leninism. Receiving hundreds of students and activists from the Alliance for Freedom to Think and Speak (AKBB), House Deputy Speaker Muhaimin Iskandar and House Commission II for home and legal affairs deputy chairman Hamdan Zoelva expressed support for their cause.

Cartoon expo in Bandung

Cartoon expo in Bandung BANDUNG: Ten cartoonists from nine countries in East and Southeast Asia are currently displaying their work at the Soemardja Gallery here. The gallery is located in the compound of the School of Fine Arts and Design of the Bandung Institute of Technology (ITB). Around 90 caricatures will be exhibited until May 25.

Getting taxi back home

Getting taxi back home Reading Tantri Yuliandini's article in the "By the Way ..." The Jakarta Post Sunday May 13, 2001, I found myself immersed in the writer's feelings at every single moment of her story during her attempts to get a decent taxi back home. I have experienced this numerous times on my way back to Jakarta.

Where to go in Surabaya:

Where to go in Surabaya: Exhibition * Painting, CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5615246), May 22 to 30. Film * Montly French Film: Quasimodo, every Tuesday, Friday, Saturday, 6:30 p.m. Talk A conference Ketika Ilmu Pengetahuan Alam bertemu dengan Seni by Claire Lapeyre, at Airlangga University's Medical Faculty, 10 a.m., May 30. Music and Entertainment * Hyatt Regency Surabaya, Jl. Jend.

Compromise fading, leaders talk tough

Compromise fading, leaders talk tough JAKARTA (JP): Hopes for a compromise to ease the ongoing political impasse began to wear down on Tuesday, as political leaders hardened their tone and altered their focus toward impeachment. Key figures such as President Abdurrahman Wahid, Vice President Megawati and House of Representatives speaker Akbar Tandjung displayed on Tuesday no hint that a deal was at hand.

What parents must know about mental development

What parents must know about mental development By Donya Betancourt SANUR, Bali (JP): The first question you must ask yourself as a good parent is: what do you expect from your child? What do you want them to be? Most parents will have similar answers. They want their child to have character and be happy and self-confident, with a healthy sense of self-esteem, independence, responsibility, as well as being creative, friendly and having a good sense of humor.

No hidden motive behind this?

No hidden motive behind this? An article appearing in The Jakarta Post on May 14, 2001, titled NU warns of organized efforts to destroy RI, attracted my attention because it showed political maturity and a true democratic attitude. However, looking at the political origin of the speaker, I cannot escape a feeling that there is a hidden motive behind his statements, which I sincerely hope is not true.

Internet users double but few make online purchases

Internet users double but few make online purchases JAKARTA (JP): The number of Indonesia's individual Internet users doubled to two million people in 2000 according to a survey conducted by the Association of Indonesian Internet Service Providers (APJII) in collaboration with the Indonesian Internet Business Community. From this data, APJII estimates that the number will double each year.

U.S. Dollar Rates May 15

U.S. Dollar Rates May 15 Latest Previous %Change Yen 123.54-57 123.26-36 +0.23 Euro* 0.8774-80 0.8738-45 +0.41 British Pound 1.4191-96 1.4195-03 -0.03 Swiss Franc 1.7450-55 1.7510-20 -0.34 Canadian Dollar* 1.5542-52 1.5520-30 +0.14 Australian Dollar* 0.5172-77 0.5193-98 -0.40 New Zealand Dollar 0.4168-75 0.4196-03 -0.67 Deutsche Mark 2.2276-91 2.2365-83 -0.40 Czech Koruna 39.201-31 39.326-56 -0.32 Hungary Forint 293.88-62 294.57-15 -0.23 Danish Krone 8.4994-19 8.5318-73 -0.38 Norwegian Krone...

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on May 15, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,375 50 1,483,500 Adindo Foresta 115 15 569,500 AGIS 140 0 566,500 Alakasa 125 0 0 Alfa Retailindo 1,150 -25 30,000 Alter Abadi 100 10 299,500 Alumindo Light 550 0 66,000 Andhi Chandra 1,675 -50 2,000 Aneka Kimia Raya 135 0 0 Aneka Tambang 825 50 5,984,500 Apac Citra 300 0 191,500 Aqua Golden 13,500...

Abdurrahman says Bush supports him

Abdurrahman says Bush supports him JAKARTA (JP): President Abdurrahman Wahid is looking to the United States as a political ally to save his faltering administration, claiming in an interview that Washington fully supports his government and the process of democratization. His statements comes as the President plans to conduct a visit to the United States in June, to be preceded by his Foreign Minister Alwi Shihab.

Death sentence for car thief

Death sentence for car thief 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.

Cutting fuel subsidies

Cutting fuel subsidies The state oil monopoly Pertamina disclosed on Monday that a number of industrial companies in the Greater Jakarta Area allegedly bought subsidized automotive diesel oil through gasoline stations. Pertamina detected this abuse after learning that many gas stations near industrial centers had run out of stocks much sooner than they used to, even though there were no reasons for panic buying.

Drug abuse starts making its way into the office

Drug abuse starts making its way into the office By David and Joyce Djaelani Gordon JAKARTA (JP): The workplace -- how do you define it? For some individuals the workplace is a school or university; for others it may mean home, a shop, an office, a factory, a market, military camp or police department. Today there are some 210 million plus people living in Indonesia. A large proportion, about 60 percent, of these millions are part of the work force, or at least, are of working age.

House opposes raids against leftist books

House opposes raids against leftist books JAKARTA (JP): The House of Representatives gave a moral boost on Tuesday to groups of people who have defended their right to read and write books on communism, Marxism, or Leninism. Receiving hundreds of students and activists from the Alliance for Freedom to Think and Speak (AKBB), House Deputy Speaker Muhaimin Iskandar and House Commission II for home and legal affairs deputy chairman Hamdan Zoelva expressed support for their cause.

Women's drug rehab center opens

Women's drug rehab center opens JAKARTA (JP): A new rehabilitation center for female drug addicts located on Jl. Mochtar Raya, Joglo subdistrict, West Jakarta, has opened its doors for business. The opening of the center, named Puri Teratai Elok and run by the Teratai Social Welfare Foundation, was officiated by the Ministry of Health and Social Welfare's director general of medical services, Ahmad Djojosugito.

Chief Justice Bagir Manan aiming for judicial transparency

Chief Justice Bagir Manan aiming for judicial transparency By Peter Kerr and Tertiani Simanjuntak JAKARTA (JP): Indonesia's new Supreme Court chief justice finds that the hills and stairs around his home in Bandung, where he is a professor at Padjajaran University's School of Law, offer the perfect exercise and escape from work.

Prijadi sees 5-6% annual GDP growth in 2002-2004

Prijadi sees 5-6% annual GDP growth in 2002-2004 JAKARTA (JP): Finance minister Prijadi Praptosuhardjo said on Tuesday that the country's economy could grow by between 5 and 6 percent per year between 2002 and 2004, up from an estimated 3.5 percent in 2001. But Prijadi said that such stronger economic growth would only materialize if the current uncertainty could be gradually eliminated.

Palembang to host karate c'ships

Palembang to host karate c'ships PALEMBANG, South Sumatra (JP): The selection of the top karatekas in South Sumatra, the site of the 2004 National Games, to compete in the quadrennial event, will begin with the South Sumatra Police Chief Cup from May 17 to May 19. The Indonesian Karate Federation (Forki) South Sumatra chapter secretary-general Karimbay Alwi, who is also the championships' organizing chairman, said the event was aimed at boosting the performance of local athletes for PON.

Police search SIRA offices for evidence

Police search SIRA offices for evidence JAKARTA (JP): Jakarta Police raided three offices of the Aceh Referendum Information Center (SIRA) on Monday night in connection with last Thursday's bombing in South Jakarta, which claimed three lives. Police spokesman Sr. Comr. Anton Bachrul Alam told reporters on Tuesday that they also confiscated evidence from offices in Taman Mini in East Jakarta, Pasar Minggu in South Jakarta and Bogor.

Drug suspect escapes women's penitentiary

Drug suspect escapes women's penitentiary JAKARTA (JP): A woman arrested over drugs escaped Pondok Bambu Women's Penitentiary on Tuesday afternoon, reportedly aided by penitentiary wardens. East Jakarta Police chief of detectives, Adj. Comr. Agus Irianto, confirmed the escape on Tuesday evening, adding that he had no idea exactly how the woman escaped. "She had been arrested by Tanjung Duren Police over drugs, and she was detained at Pondok Bambu Women's Penitentiary.

NU faulted for political involvement

NU faulted for political involvement JAKARTA (JP): A group of Nadhatul Ulama (NU) Muslim preachers called on the organization to remain faithful to their commitment to work in the educational, social and religious fields and avoid delving into practical politics. "If NU wants to return to politics then they should turn the organization into a political party as they were before in 1971," Sjukron Ma'mun said on Tuesday.

Ja'far released from detention, put under house arrest

Ja'far released from detention, put under house arrest JAKARTA (JP): The commander of the Laskar Jihad Ahlus Sunnah Wal Jamm'ah, Ja'far Umar Thalib, smiled as he walked out of the National Police Headquarters on Tuesday afternoon after police declared that he was under house arrest. "According to my detectives, Ja'far was very cooperative during the interrogations, and he has given us more than enough evidence for the case," National Police chief Gen. Surojo Bimantoro told reporters on Tuesday.

KONI to reduce number of SEA Games athletes

KONI to reduce number of SEA Games athletes JAKARTA (JP): Financial shortage has forced the National Sports Council (KONI) to reduce the number of athletes being groomed for the Southeast Asian (SEA) Games in Kuala Lumpur in September. "KONI decided to reduce the number of athletes from the original plan of 600 athletes to save more money," SEA Games project manager I Gusti Made Putera Astaman told reporters after an internal meeting on the Games training program on Tuesday.

Illegal logging

Illegal logging Legal action taken against illegal loggers. Page 2 Laskar Jihad Ja'far released from detention, put under house arrest Page 3 Bagir Manan Chief Justice Bagir Manan aiming for judicial transparency. Page 5 Boxing King-maker Rahman seals deal for Beijing bout. Page 7 Rare drawings Rare drawings show Jakarta's past beauty. Page 8 Drug abuse Drug abuse making its way into the office. Page 9 Value added tax Economists warn govt over plan to increase value added tax.

Silat still exhibited in Pusan

Silat still exhibited in Pusan JAKARTA (JP): Indonesia's traditional martial arts pencak silat will still be featured as an exhibition event at the Pusan 2002 Asian Games in South Korea, securing a second commitment from the organizing committee. Reports had said earlier that the Pusan Asian Games Organizing Committee (PAGOC) refused to stage the event due to financial shortages despite an earlier agreement that the Asian Pacific Pencak Silat Federation would pay all the expenses.

Aspac books spot in final tour

Aspac books spot in final tour JAKARTA (JP): I Nyoman Suandi Menara's throw in the last 40 seconds helped Aspac Texmaco beat Bali Jeff Citra Satria Pelita (CSP) in a Jakarta derby in the third leg of the 2001 Nuvo Kobatama national basketball league on Tuesday. Aspac strengthened its position in the top standings and booked a place in the final-four berth while CSP was still safe from the relegation zone in fifth place. The league consists of 10 teams from Java island and Medan in North Sumatra.

S'pore joins Thai military exercise

S'pore joins Thai military exercise SINGAPORE (AFP): Fifty-five members of the Singapore Armed Forces (SAF) joined their American and Thai counterparts in an annual tripartite military exercise, the ministry of defense said on Tuesday. Exercise Cobra Gold 2001, the 20th exercise in the series, started on Tuesday in Thailand and will conclude on May 29, the ministry said in a statement.

Asia's millionaires see 'dip in fortunes'

Asia's millionaires see 'dip in fortunes' HONG KONG (AFP): The rich got richer last year -- unless they lived in Asia, according to a study released here on Tuesday. The wealth of those with assets worth more than US$1 millions rose six percent to $27 trillion globally last year. However, Asia's 1.7 million rich saw their assets lose nine percent of their value to $4.9 trillion, according to the World Wealth Report 2001.

House to investigate corruption at Pertamina despite objections

House to investigate corruption at Pertamina despite objections JAKARTA (JP): Despite strong opposition from the Golkar and Indonesian Military/National Police factions, the House of Representatives agreed on Tuesday to establish a special committee investigating alleged corruption at the state-owned oil and gas company PT Pertamina.

Experts meet on deepwater oil

Experts meet on deepwater oil JAKARTA (JP): Local and foreign oil experts gathered here on Tuesday for a seminar to discuss oil and gas exploration in deepwater areas. The Indonesian Sedimentologists Forum (FOSI) organized the Second Regional Seminar on Deepwater Sedimentation of Southeast Asia, which featured world-class deepwater experts.

ASEAN concerned over U.S. position

ASEAN concerned over U.S. position PHNOM PENH (AFP): ASEAN environment ministers meeting here on Tuesday expressed "deep concern" over the U.S. rejection of the Kyoto protocol on global warming saying there should be no compromise to fit Washington's agenda. "The ministers expressed deep concern over the U.S. government's position on the Kyoto protocol," said a joint statement by Association of Southeast Asian Nations (ASEAN) environment ministers.

147 AWOL soldiers arrested in S. Sulawesi

147 AWOL soldiers arrested in S. Sulawesi MAKASSAR, South Sulawesi (JP): A total of 147 personnel of various detachments from the Wirabuana Military Command posted in Kendari, Southeast Sulawesi, have been arrested by military police for being absent without leave (AWOL). All 147 were apprehended on Friday as they disembarked at Bajoe seaport in Bone, some 120 kilometers from Makassar, the capital of South Sulawesi. The soldiers had apparently left their barracks without permission on May 7.

No delay in plane sales to China: Boeing

No delay in plane sales to China: Boeing SHANGHAI (Reuters): U.S. aircraft manufacturer Boeing Co said on Tuesday its plans to sell at least 30 aircraft to China have not been delayed by Sino-U.S. tensions and it expects Beijing to announce orders in May or June. "We don't believe this 30 airplane (order) is being put on hold because of the current political situation. It's very much within the timeframe which we originally anticipated," said Boeing spokeswoman Ivy Takahashi.

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 Talk Show 12:30 p.m. Interval 3:00 News 3:30 Technology 4:00 Children's Songs 4:30 Teen Program 5:00 News 6:00 Village News 6:15 TV Drama 7:00 Evening News 8:00 Film 9:30 Music 10:00 News 11:00 Music 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.

AGO appeals Ginandjar ruling

AGO appeals Ginandjar ruling JAKARTA (JP): The Attorney General's Office has filed an appeal with the Supreme Court against the South Jakarta District Court's ruling that the arrest of former minister of mines and energy Ginandjar Kartasamita was unlawful. Spokesman for the Attorney General's Office Mulyohardjo told reporters on Tuesday that the appeal was filed through the district court on Monday. "The detention of Ginandjar was connected with the investigation being conducted by us.

Citibank's Easypay

Citibank's Easypay On May 3, 2001, in this column I requested a written explanation from Citibank regarding the workings of their Easypay system. The day my letter was published I received a call from a Ms. Betty, from the Citibank Customer Service Center, who did her best to explain how the Easypay system works and promised to send me something in writing. That was two weeks ago and I have still not received anything in writing.