Indonesian Political, Business & Finance News

Archive: 19 May 2001

68 articles found

Honda workers help BLKI

Honda workers help BLKI JAKARTA (JP): The Japanese-based workers union of Honda Motor automotive company donated on Friday a simulator of a Honda Accord engine worth Rp 130 million (US$11,448) to the branch office of the government's industrial training center (BLKI) in Pasar Rebo, East Jakarta.

Christian hopes to find new talent at junior badminton meet

Christian hopes to find new talent at junior badminton meet JAKARTA (JP): The training director of the Indonesian Badminton Center, Christian Hadinata, is hopeful the first Milo Junior Indonesia Open next month will produce new stars who will lead Indonesia to future badminton glory.

APP gets fresh S'pore reprieve, but faces new suit

APP gets fresh S'pore reprieve, but faces new suit SINGAPORE (Reuters): Debt-ridden Asia Pulp & Paper (APP) got another reprieve on Friday from Singapore's High Court, warding off a line of creditors, but also faced a fresh lawsuit that could signal still more to come.

Four-nation development zone to be revived: Vice-president

Four-nation development zone to be revived: Vice-president KUALA LUMPUR (AFP): A development zone bordering Brunei, Indonesia, Malaysia and the Philippines is to be revitalized after it was stalled by the regional economic crisis, the visiting Philippines vice-president said here Friday.

SCB-BCA TIES

SCB-BCA TIESCorrection: The cooperation agreement with Bank Central Asia (BCA) will enable Standard Chartered Bank customers to pay their Tanpa Agunan (collateral-free) obligation at the latter's ATMs, not credit card bills as stated in the photo caption, which appeared on this page on Thursday.

House cool on planned price hikes

House cool on planned price hikes JAKARTA (JP): The House of Representatives responded coolly on Friday to the government's planned fuel and power price hikes, with House Speaker Akbar Tandjung saying the move was "understandable" due to the severe budget deficit.

Boyband Westlife is coming to town

Boyband Westlife is coming to town JAKARTA (JP): If you happen to be a fan of boybands, well, take heed, the "mother of all boybands", Westlife, is coming to town.The Irish boyband once again will hold a concert here next Thursday at Sumantri Brodjonegoro Stadium in Kuningan, South Jakarta.

Golden Goal puts China's Dalian into Asian final

Golden Goal puts China's Dalian into Asian final JEDDAH, Saudi Arabia (Reuters): Chinese champion Dalian Shide reached the Asian Cup Winners Cup final on Thursday after beating holder Shimizu S-Pulse of Japan 3-2 with a Golden Goal winner from international forward Hao Haidong.

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 10:00 Sports 11:00...

Sharon achieves success in 'not-cool' bowling

Sharon achieves success in 'not-cool' bowling JAKARTA (JP): Junior bowler Sharon Adelina never thought she would achieve success when she was introduced to 10-pin bowling for the first time some five years ago by her father, Aswin Limansantoso.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 18, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 1,550 -25 430,000 Adindo Foresta 115 -10 152,000 AGIS 135 -5 961,000 Alakasa 125 0 2,500 Alfa...

Construction firms get another blow

Construction firms get another blow JAKARTA (JP): Observers fear the government's plan to cut development spending will prove a further blow to the country's ailing construction sector.Agus Kartasasmita of the Association of Indonesian Contractors estimates that the money going into development...

Bagir Manan sworn in as Chief Justice

Bagir Manan sworn in as Chief Justice JAKARTA (JP): President Abdurrahman Wahid swore in constitutional law expert Bagir Manan on Friday as the country's new chief justice.The ceremony at the State Palace was just a mere formality as the President had announced Bagir's appointment to the post on...

Internet Kiosk Association formed

Internet Kiosk Association formed YOGYAKARTA (JP): Almost 100 out of 160 Internet kiosks in Yogyakarta established on Thursday an association called Internet Kiosk Association of Yogyakarta (AWAYO) in a bid to avoid unfair competition among them.

Reviving 'SARA' talks would boost national awareness

Reviving 'SARA' talks would boost national awareness Amid humiliation and gloom the commemoration of National Awakening Day on May 20 means reviving formerly taboo talks on social differences, to seek an acceptable "Indonesia" to all across the archipelago, says historian Anhar Gonggong, a member...

Council protests KONI's actions

Council protests KONI's actions BANDUNG (JP): West Java Legislative Council is protesting the National Sports Council (KONI) West Java chapter, which is holding back Rp 4.1 billion (US$361,711.50) allotted in the budget for sports organizations and an athletes development program.

Indonesia to buy choppers from Russia: Embassy

Indonesia to buy choppers from Russia: Embassy JAKARTA (JP): Russia will provide Indonesia with 10 multi- purpose helicopters as part of an agreement reached by the two countries in Jakarta recently, Antara reported.

If I were Gus Dur

If I were Gus Dur Recently President Abdurrahman "Gus Dur" Wahid said that if he were forced to resign, six provinces would proclaim their independence from the Republic of Indonesia.It is indeed true that there are separatist tendencies in certain provinces, but a president should not capitalize...

Jihad chief changes mind, continues police lawsuit

Jihad chief changes mind, continues police lawsuit JAKARTA (JP): The commander of Laskar Jihad Ahlus Sunnah Wal Jammaah, Ja'far Umar Thalib, retracted on Friday his offer to cancel his lawsuit against the police for unlawful arrest following failed negotiations with the police.

Army chief rejects political appointees

Army chief rejects political appointees JAKARTA (JP): Amid rumors of an impending military reshuffle, Army Chief of Staff Gen. Endriartono Sutarto warned President Abdurrahman Wahid on Friday against replacing high-ranking military officers to gain an advantage over his political foes.

'Shameless' pact backs China's Tibet stance

'Shameless' pact backs China's Tibet stanceBy Bill Smith BEIJING (DPA): The Dalai Lama was just 15 years old when his envoys signed the 1951 pact that sealed Tibet's "peaceful liberation" from "feudal theocracy" by Chinese Communists.

Weekend lineup

Weekend lineup JAKARTA (JP): Following are sports competitions to be broadcast live this weekend on local TV stations (all times are in Jakarta Time):SaturdaySoccer: English Premiership: Charlton vs Liverpool, SCTV, 09.00 p.m.Sunday Soccer: Indonesian League: Gelora vs Barito, RCTI, 04.00 p.m.

Malaysia declines to host Thomas and Uber Cups

Malaysia declines to host Thomas and Uber Cups JAKARTA (JP): Malaysia declined to host next year's Thomas and Uber Cup championships, mentioning the possible humiliating defeat of its team as the main reason.

Soeharto's half brother organizes protest

Soeharto's half brother organizes protest BANTUL, Yogyakarta: A half brother of former president Soeharto who is the head of Argomulyo village in Bantul regency organized on Friday a protest against the endorsement of the regent's decree on village apparatus.Decree No.

Transviet to open RI offices

Transviet to open RI offices SURABAYA (JP) : Transviet Tours, a member of Vietnam's TransViet Travel Group will open representative offices in Indonesia this year to promote the country's tourism to affluent Indonesians.

Health and safety

Health and safety I was delighted to see the front page article on occupational health and safety (OHS) (The Jakarta Post, Sunday, May 13, 2001) which outlined the dire situation for Indonesian workers. Indeed sadly, Indonesia lags behind much of the developing world.

Indonesia becoming important for DHL's global operation

Indonesia becoming important for DHL's global operation JAKARTA (JP): Indonesia is becoming more important in the global operations of international courier company DHL International, the company's senior executive said here on Friday.

Solidamor chief questioned

Solidamor chief questioned JAKARTA (JP): City Police detectives questioned a coordinator of the Solidarity for Peace in East Timor (Solidamor), a non- governmental organization, on Friday, in connection with last week's Guntur bombing, which claimed at least three lives.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Advertisement Postcard, 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), May 19.

Mega goes to Singapore for checkup

Mega goes to Singapore for checkup JAKARTA (JP): Vice President Megawati Soekarnoputri took a one-day trip to Singapore on Friday to have a general health checkup, which included an eye examination, at Mount Elizabeth Hospital.The Vice President left at 7 a.m. from Halim Perdanakusuma airport.

Coral reefs damaged

Coral reefs damaged PADANG, West Sumatra: About 75 percent of the 1,800 hectares of coral reefs in West Sumatra waters have been damaged due to bomb fishing, an observer revealed on Friday.As a result, some 5,600 traditional fishermen from several regencies like Padang, Pasaman, Pariaman, Pesisir...

Luxury cars turned away

Luxury cars turned away SAMARINDA, East Kalimantan: The local state-owned pawn company Perum Pegadaian is no longer accepting luxurious cars as too many have already been pawned at the office.Head of the local office, M.

PKB accept Assembly special session

PKB accept Assembly special session JAKARTA (JP): The National Awakening Party (PKB), the strongest supporter of embattled President Abdurrahman Wahid said it would accept the possibility of a special session of the People's Consultative Assembly as the next step in the memorandum process currently...

Earthquake shakes North Sumatra

Earthquake shakes North Sumatra JAKARTA: An earthquake hit North Sumatra on Friday morning, but no fatalities or injuries were reported.The Meteorological and Geophysics Agency reported that the quake measured 6.1 on the Richter scale.

Gus Dur

Gus Dur Gus Dur to defend Constitution at all costs. Page 2 Fuel shortage Diesel fuel shortage worsens in the capital. Page 3 Golf Campbell shows liking for Germany, outshines Woods. Page 7 Old Batavia Menteng long the swanky part of town.

Rp 20b hotel tax unpaid

Rp 20b hotel tax unpaid JAKARTA (JP): Several hotels and restaurants in the city have yet to pay their taxes that were due last year, amounting to between Rp 15 billion (US$1.3 million) and Rp 20 billion all told, a councillor revealed on Friday.

German national robbed

German national robbed JAKARTA (JP): Twelve men armed with sickles and swords broke into the residence of a German national early on Friday morning and robbed him of hundreds of millions of rupiah worth of gold jewelry and cash.

Quality swimmers are getting scarce

Quality swimmers are getting scarceFrom Koran TempoHaving observed the achievements of Indonesian swimmers now, I, as a sports lover, have reason to feel deeply worried.The Southeast Asia (SEA) Games are in the offing and we have to be aware of the fact that we have not seen senior swimmers being...

Sutiyoso yields on tax, some may escape hike

Sutiyoso yields on tax, some may escape hike JAKARTA (JP): Governor Sutiyoso finally gave in to public pressure to revise its controversial decision to increase vehicle registration fees, allowing owners of certain cars to pay less.

Bold or suicidal?

Bold or suicidal? The government must be commended for taking the drastic and unpopular measure to increase domestic prices of fuel and power, by an average of 30 percent and 20 percent respectively starting next month, at a time like this.

'Syariah' in Aceh

'Syariah' in AcehFrom Media IndonesiaI feel the need to comment on the Indonesian Democratic Party of Struggle (PDI Perjuangan)'s objection to the enforcement of syariah (Islamic law) in Aceh as reported in Media Indonesia on May 5, 2001.

WALHI responds

WALHI responds I refer to the letter from PT Newmont published in The Jakarta Post on May 4, 2001, titled Newmont and pollution. Reading the letter, we do not appreciate a single point of the issues raised, because it is like comparing oranges to apples.

Perampasan dan pembakaran buku oleh pihak manapun

Perampasan dan pembakaran buku oleh pihak manapunmerupakan tindakan anarkis untuk membodohkan danmengerdilkan bangsa, serta merupakan suatu bentuk penjara berpikir. Untuk mempertahankan kebebasan berpikir dari perampasan oleh pihak manapun, kita perlu menyatukansikap dan menentang aksi anarkis...

Prajogo grilled by AGO, denies graft charges

Prajogo grilled by AGO, denies graft charges JAKARTA (JP): Timber tycoon Prajogo Pangestu was grilled by state prosecutors at the Attorney General's Office for almost six hours on Friday over alleged corruption practices that caused more than Rp 331 billion in losses to the state.

Cibinong eyes 7% rise in sales

Cibinong eyes 7% rise in sales JAKARTA (JP): Publicly listed cement producer PT Semen Cibinong expects to increase its cement and clinker sales to six million tons this year from 5.6 million tons in 2000, the company's media relations manager said on Friday.

Muslims, Christians make peace

Muslims, Christians make peace TERNATE, North Maluku: Some 2,000 Muslims and Christians in Loloda subdistrict on Halmahera island, North Maluku, held on Friday a traditional Baku Bae (peace-making) ceremony.The island has been divided by communal conflict since 1999.

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.

Economy grew 2.6 percent during first quarter

Economy grew 2.6 percent during first quarter JAKARTA (JP): The Indonesian economy grew at 2.6 percent during the first quarter of this year, as against a drop of 0.72 percent in the fourth quarter of last year, mainly due to a rebound in the agriculture sector, according to the latest report...

Villagers invited to Geneva

Villagers invited to Geneva MAUMERE, East Nusa Tenggara: A resident of Rendu village in Ngada regency here, Vincent Herman Mosa, has been invited to visit the office of the United Nations Commissioner for Human Rights in Geneva, Switzerland, next July.

Diesel fuel shortage worsens in the capital

Diesel fuel shortage worsens in the capital JAKARTA (JP): A diesel shortage continued to hit gas stations in the capital on Friday, resulting in long queues of vehicles waiting to fill up their tanks.Hundreds of trucks, buses, vans and other diesel vehicles packed many gas stations around the city...

More bankruptcies feared over price hike

More bankruptcies feared over price hike JAKARTA (JP): Indonesia's business sector is anticipating a new round of belt-tightening ahead if the government realizes its plan to raise fuel prices, electricity charges and value added tax (VAT) next month.

Achwan resigns from BI post

Achwan resigns from BI post JAKARTA (JP): Bank Indonesia announced on Fridayt that deputy governor Achwan had resigned from the central bank after his two- year term ended on Thursday.The central bank said in a press statement that Achwan had handed over his post to Bank Indonesia Governor Sjahril...

Government called on to clean up water

Government called on to clean up water JAKARTA (JP): Residents of Munjul village in Cipayung subdistrict, East Jakarta, are still consuming polluted water from their wells although the source of pollution had been removed from their area seven months ago.

Rupiah rate May 18

Rupiah rate May 18 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 10,845.00 11,845.00 11,288.00 11,402.00Australian dollar 1 5,717.48 6,250.61 5,951.03 6,016.84Austrian schilling 1 695.45 760.18 723.86 731.75Belgian franc 1 237.22 259.30 246.92 249.

74 Cambodians deported

74 Cambodians deported SURABAYA: Seventy-four Cambodians were deported on Thursday after being detained at the Indonesian naval base here with 69 other Thai fishermen for nearly one year.The naval base's spokesperson, Maj.

ASEAN must solve arms trafficking

ASEAN must solve arms traffickingBy Rizal Sukma JAKARTA (JP): In Southeast Asia, the question of illicit arms trafficking has been a decades-long problem. During the 1960s and 1970s many Maoist insurgency movements in the region -- such as in the Philippines, Thailand, Malaysia, and Indonesia --...

KL to tighten election laws

KL to tighten election laws KUALA LUMPUR (AFP): Malaysia will tighten laws to ensure the electoral process is kept free of untoward incidents, a minister said in remarks published on Friday.Rais Yatim, a minister in the Prime Minister's Department in charge of legal affairs, said ugly incidents...

Malaysia monitors illegal immigrants

Malaysia monitors illegal immigrants KUALA LUMPUR (AP): Malaysian security officials were monitoring on Friday 5,000 Indonesians on an island south of Kuala Lumpur who they believe will try to enter the country illegally, the national news agency, Bernama, reported.

No change to BOJ rates

No change to BOJ rates TOKYO (AFP): The Bank of Japan said at the end of a two-day board meeting Friday that it was keeping monetary policy unchanged."The Bank of Japan will conduct money market operations, aiming the outstanding balance of the current accounts at the Bank at around five trillion...

Menteng long the swanky part of town

Menteng long the swanky part of townBy Ida Indawati Khouw Well-planned Menteng was the desired place to live for Dutch colonists and a few fortunate Indonesians during the early 1900s. While urban sprawl has taken over present day Jakarta, a Menteng address is still a reason for pride.

S'pore, U.S. resume talks

S'pore, U.S. resume talks SINGAPORE (Reuters): Singapore and the United States will hold a third round of talks on a free trade agreement in the city state next week, broaching issues ranging from investment to intellectual property rights.The third round of negotiations will be led by Assistant U.

China shows pragmatic face to U.S. business

China shows pragmatic face to U.S. businessBy Tiffany Wu SHANGHAI (Reuters): After NATO planes bombed the Chinese embassy in Belgrade in 1999, mobs in China hurled stones at U.S. diplomatic missions, firms canceled meetings with U.S. executives and WTO talks ground to a halt.But since a U.S.

Gus Dur vows to defend Constitution

Gus Dur vows to defend Constitution JAKARTA (JP): Politically cornered, President Abdurrahman Wahid returned to a familiar theme on Friday, vowing to take tough measures to defend the Constitution against violations by lawmakers.

32 task forces in forestry ministry dissolved

32 task forces in forestry ministry dissolved JAKARTA (JP): The Ministry of Forestry announced on Friday the dissolution of 32 task forces within the ministry in a move to improve efficiency in coping with the country's acute forestry problems.

Indian noted writer Tagore makes return to Java at JIS

Indian noted writer Tagore makes return to Java at JISBy Mehru Jaffer JAKARTA (JP): As he stepped down at Jakarta's Tanjung Priok harbor in August 1927, India's poet philosopher Rabindranath Tagore burst into verse in praise of the "golden threads of kinship that existed between Indonesia and...

Asian retailers plan RI expo

Asian retailers plan RI expo JAKARTA (JP): The Indonesian Retail Merchants Association (Aprindo) will host the 10th Asian Retailers Convention and Exhibition (ARCE) in Jakarta in September this year.The biennial event will be held at the Jakarta Convention Center with about 1,500 delegations from...

Saudi awards foreign companies multi-billion dollar gas projects

Saudi awards foreign companies multi-billion dollar gas projects DUBAI (Reuters): Saudi Arabia on Friday declared eight leading oil companies winners in the race for a stake in its multi- billion dollar gas development initiative, the kingdom's biggest opening to foreign investors for 25 years.

Argentine corn heads for S. Korea

Argentine corn heads for S. Korea SINGAPORE (Reuters): One distressed Argentine corn cargo, originally scheduled for Indonesia, has been diverted to South Korea following a ban by Jakarta on South American grain due to foot-and-mouth fears, regional traders said on Friday.