Indonesian Political, Business & Finance News

Archive: 12 June 2001

69 articles found

Strike

Strike Thousands of workers go on strike again over decrees. Page 2 Graft suspect Prajogo named as graft suspect over forest concessions. Page 3 Daughters The powerful daughters of Asia. Page 4 Iran Khatami may reconcile revolution with modernity.

Where to go in Bandung:

Where to go in Bandung:Exhibition * Miniature Ships, by Samudera Raya Gallery, at Grand Hotel Preanger Bandung, Jl. Asia Afrika No. 81 (Phone: 022 4231631), 9 a.m. to 9 p.m. until June 30.Film * Video Screening, 2 p.m., 6:30 p.m., CCF French Cultural Center, Jl. Purnawarman 32 (Phone:

Mahathir raps West's 'moral decline'

Mahathir raps West's 'moral decline' KUALA LUMPUR (AFP): Malaysian Prime Minister Mahathir Mohamad hit out on Monday at what he called the "destruction of morality" in the Western world.Mahathir, reiterating his frequent warnings about the dangers of unregulated globalization, said the process also...

Telkom service in Banten, W. Java disrupted

Telkom service in Banten, W. Java disrupted BANDUNG, West Java (JP): Some 1,500 employees of state-owned telecommunications company PT Telkom from regional division (Divre) III marched to the West Java provincial council on Monday, demanding the council and local administration push the central...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 11, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 1,500 0 303,500 Adindo Foresta 110 0 0 AGIS 140 0 503,000 Alakasa 150 0 0 Alfa Retailindo 1,075 25...

Aceh rebels gun down 16 migrant settlers

Aceh rebels gun down 16 migrant settlers BANDA ACEH, Aceh (JP): Police claimed on Monday that at least 16 people had been killed in guerrilla attacks on transmigration sites in Central Aceh since Sunday.Aceh Police spokesman Adj. Sr. Comr.

Indonesia and Thailand eye 50,000 bpd crude refining deal

Indonesia and Thailand eye 50,000 bpd crude refining deal KUALA LUMPUR (Reuters): Indonesia's state oil company Pertamina said on Monday it was eying a deal to refine 50,000 barrels-per-day (bpd) of crude in Thailand under short-term contracts.

Man mobbed over stolen TV set, 2 robbers shot dead

Man mobbed over stolen TV set, 2 robbers shot dead JAKARTA (JP): Angry residents of Jagakarsa mobbed a man on Monday, for allegedly stealing a television set from the home of a Jagakarsa resident on Jl. Raya Srengseng Sawah in South Jakarta.Jagakarsa Police chief of detectives Second. Insp.

Foreign investors may take stakes in Indosiar

Foreign investors may take stakes in Indosiar JAKARTA (JP): Foreign investors are lining up to acquire the shares of publicly listed television company PT Indosiar Visual Mandiri, in what could mark the first instance of foreign ownership in the television industry, a government official said on...

Mahathir attacked for jailing of critics

Mahathir attacked for jailing of critics KUALA LUMPUR (AP): A regional pro-democracy group accused Malaysia's Prime Minister Mahathir Mohamad on Monday of clinging to an "archaic" law to imprison his political opponents.

Murals on display behind House complex

Murals on display behind House complex JAKARTA (JP): A number of Jakarta Arts Institute students display their mural artwork on the wall behind the House of Representatives complex in Central Jakarta.Artists from various backgrounds have decorated a number of public places in the city, as part of...

KL mulls raising air fares

KL mulls raising air fares KUALA LUMPUR (AFP): The government is studying a request from loss-making Malaysia Airlines to raise domestic fares, Prime Minister Mahathir Mohamad said Monday.The premier indicated that an increase was likely. The airline loses 320 million ringgit (US$84.

Avoid hike in phone charges

Avoid hike in phone charges The public seem to be having more burdens placed upon them at the moment. There will be a rise in tap water and electricity rates and we also hear that the prices of daily commodities are also up.

Rates for tax payment, valid from June 11 to June 17

Rates for tax payment, valid from June 11 to June 17 U.S. dollar 1 Rp 11,170.00Austrian schilling 1 Rp 686.98Australian dollar 1 Rp 5,671.01Belgian franc 1 Rp 234.33Canadian dollar 1 Rp 7,271.19Swiss franc 1 Rp 6,219.38Deutschemark 1 Rp 4,836.13Danish krone 1 Rp 1,268.22French franc 1 Rp 1,441.

Bee venom therapy takes sting out of illnesses

Bee venom therapy takes sting out of illnessesBy Maria Kegel JAKARTA (JP): The first thing you notice when you walk into the small room in the back of the Pramuka Apiary is the glass full of about a hundred live bees.This is no place for the squeamish.

Ten world surfers in Mentawai

Ten world surfers in Mentawai PADANG, West Sumatra (JP): Ten surfers from the United States and Australia will compete in the OP PRO Surf World Contest final in Mentawai, West Sumatra, from June 12 to June 23.

Weaker rupiah, controls set to hit RI wheat flour imports

Weaker rupiah, controls set to hit RI wheat flour imports SINGAPORE (Reuters): Indonesia is likely to witness a sharp reduction in wheat flour imports this year as small and speculative grain buyers, hit by a relatively weaker rupiah, shun purchases, a senior industry official said on Monday.

Government pledges to limit phone hike to 28.74%

Government pledges to limit phone hike to 28.74% JAKARTA (JP): The government guaranteed on Monday that the planned increase of fixed telephone call rates in Jakarta and its surrounding area would be limited to a maximum of 28.74 percent.

Cargill to sell rubber units

Cargill to sell rubber units SINGAPORE (Reuters): Cargill International Trading Pte Ltd, a unit of U.S. commodities giant Cargill Inc, said on Monday it would divest most of its rubber operations via a joint venture to focus on its agri- and food business.

Council junkets to go ahead despite criticism

Council junkets to go ahead despite criticism JAKARTA (JP): The City Council announced on Monday that it would not postpone overseas junkets for its members despite sharp criticism by many who view the trips as a waste of public money on the part of councillors lacking all sense of crisis.

Transparency in fuel subsidy scheme sought

Transparency in fuel subsidy scheme sought JAKARTA (JP): The Indonesian Consumers Foundation (YLKI) said it would accept the increase in electricity, phone, and fuel rates only if there was transparency on the part of the government about where the money would go.

National bodybuilders attend Solo Open

National bodybuilders attend Solo Open SURAKARTA, Central Java (JP): Seven national bodybuilders will compete in the Solo Open national bodybuilding invitational at Manahan stadium here, starting June 16 to June 17.Chief of the organizing committee J.

Four districts want own regency

Four districts want own regency SAMARINDA, East Kalimantan: Four districts in the Kutai regency are demanding the formation of their own regency, saying that the existing administration had paid scant attention to their needs, Antara reported on Monday.

S. Africa mission in Jakarta

S. Africa mission in Jakarta JAKARTA (JP): A trade mission from South Africa's Northern Province visited Indonesia on Monday to promote the province's potential business sectors.Renier Bester, one of the South African delegates, said that the province offered many attractive investment...

Arun in operation again by end of July: Pertamina

Arun in operation again by end of July: Pertamina JAKARTA (JP): State oil and gas company Pertamina said on Monday it expected natural gas output from the Arun gas fields in Aceh to resume output at 25 percent of normal levels within two weeks, expecting to recover to full capacity by the end of...

President told to lobby major parties himself

President told to lobby major parties himself MAKASSAR, South Sulawesi (JP): President Abdurrahman Wahid should have taken on leaders of political parties himself in the dialog for compromise he has recommended if he wishes that his message is understood, an expert said.

Unchecked illegal trade goes on in Birds of Paradise

Unchecked illegal trade goes on in Birds of ParadiseBy Simon Sinaga TIMIKA, Irian Jaya (JP): It is easy to locate exotic birds such as parrots and cockatoos for sale in a back section of the bustling Timika market.

JP/2/DAYAK

JP/2/DAYAKFollow-up actions to Dayak-Madura reconciliation urged PALANGKARAYA, Central Kalimantan (JP): Several local tribal leaders have called on all levels of the government to promptly follow up results of the newly concluded Dayak people's congress, which recommended the settlement of...

Eight regions want regency status

Eight regions want regency status PALANGKA RAYA, Central Kalimantan: Eight regions in Central Kalimantan are seeking to become regencies in their own right, Antara reported on Monday.The demand for new regencies was one of the recommendations by the recent Central Kalimantan People's Congress (KRK)...

3. Milo --- 36 pts NCSB l/c 3/2

3. Milo --- 36 pts NCSB l/c 3/2 Shuttlers evaluated at Junior Indonesia Open

Rupiah rate June 11

Rupiah rate June 11 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 10,770.00 11,770.00 11,214.00 11,326.00Australian dollar 1 5,641.33 6,171.01 5,873.89 5,938.22Austrian schilling 1 665.67 728.34 693.12 700.86Belgian franc 1 227.07 248.44 236.43 239.

Prajogo, hospitalized in Singapore, named graft suspect

Prajogo, hospitalized in Singapore, named graft suspect JAKARTA (JP): Timber tycoon Prajogo Pangestu has been named a suspect by the Attorney General's Office in a corruption case involving forestry concessions held by his company PT Musi Hutan Persada.

Indochina's primates face extinction

Indochina's primates face extinctionBy Denis D. Gray DEY AMBIL, Cambodia (AP): Within eyesight of a sign urging "Don't sell wildlife," a roadside vendor is peddling four slow lorises -- little primates with sad luminous eyes -- to be burned alive and churned into purported Chinese medicine.

DPR agrees to hike electricity charges by 17.47%

DPR agrees to hike electricity charges by 17.47% JAKARTA (JP): The House of Representatives agreed with the government on Monday to raise electricity rates by an average of 17.47 percent starting July 1.

AOL sets up Chinese venture

AOL sets up Chinese venture BEIJING (AFP): America Online Inc. Monday unveiled a US$200 million joint venture with top Chinese computer maker Legend Holdings to provide consumer interactive services in China.

AG Office detains Sudjiono Timan

AG Office detains Sudjiono Timan JAKARTA (JP): The Attorney General's Office detained on Monday former president director of state investment company PT Bahana Pembinaan Usaha Indonesia (BPUI), Sudjiono Timan, in connection with a Rp 1.1 trillion corruption case in the company.

Miners' deaths to be probed

Miners' deaths to be probed PALANGKA RAYA, Central Kalimantan: Fawzy Bachsin, speaker of the legislative council, called for an investigation into Thursday's death of two miners, believed to have been shot by security officers working for PT Indo Moro Kencana, Antara said.

Thousands of workers go on strike again over decrees

Thousands of workers go on strike again over decrees JAKARTA (JP): Thousands of workers took to the streets again on Monday, demanding that the government revoke two ministerial decrees accused of undermining workers' rights.

'Halal' labels

'Halal' labelsFrom RepublikaI have come across a lot of food and drinks which bear no halal (rightful according to Islam) labels on their packages, despite the fact that those merchandise are marketed in Indonesia.

Council gives only limited support for bus fare increase

Council gives only limited support for bus fare increase JAKARTA (JP): City Council Speaker Edy Waluyo rejected on Monday a possible bus fare increase following the central government's decision to raise fuel prices by 30 percent later this week.

PPD's restructuring funds calculated

PPD's restructuring funds calculated JAKARTA (JP): The government has appointed an independent consultant, Bahana, to calculate the funds needed for the restructuring of the ailing state-owned bus company, PPD, Minister of Finance Prijadi Praptosuharjo said.

RI-African shipping route

RI-African shipping route JAKARTA (JP): Taiwanese carrier Kien Hung Shipping launched on Saturday a new fortnightly direct shipping service between Indonesia and the African continent, which was marked by the docking of a 1.

Government asked to limit forestry minister's powers

Government asked to limit forestry minister's powers YOGYAKARTA (JP): Minister of Forestry Marzuki Usman, reiterating his commitment to protecting the country's forests, said here on Monday that he would ask President Abdurrahman Wahid to issue a presidential decree limiting his ministry's...

BI's forex reserve falls

BI's forex reserve falls JAKARTA (JP): Bank Indonesia said on Monday that the country's foreign exchange reserves declined slightly to US$28.49 billion during the first week this month from $28.59 billion in the previous week, largely due to its foreign loan repayment.

NTT can only accept 6,000 Timorese families

NTT can only accept 6,000 Timorese families KUPANG, East Nusa Tenggara (JP): The province of East Nusa Tenggara (NTT) is able to accommodate only one eighth of the East Timorese families who have opted to stay in Indonesia, Governor Piet Tallo said on Monday.

SE Asian oil firms urged to unite

SE Asian oil firms urged to unite KUALA LUMPUR (AFP): Southeast Asia's national oil companies should explore alliances to counter the threat from the four global giants, the president of Malaysia's state energy firm Petronas said on Monday.

Council ponders 'syariah'

Council ponders 'syariah' BANJARMASIN, South Kalimantan: The provincial legislative council is currently preparing a bylaw to apply syariah (Islamic law) in South Kalimantan, but only in phases, speaker Munsyah Add said on Monday.

RP eyes sugar tender, RI crop seen higher

RP eyes sugar tender, RI crop seen higher BANGKOK (Reuters): The Philippines is likely to tender again to buy sugar in a week or so because a state-owned supplier is facing difficulties finding a bank guarantee, trade sources said on Monday.

A nation crying

A nation cryingFrom Rakyat MerdekaIn the June 5 issue of Rakyat Merdeka, there was a very interesting article and photo depicting Bung Karno crying. But I think, not only is Bung Karno crying but the entire Indonesian nation and state.

PAN chief faces axe for crime

PAN chief faces axe for crime PALU, Central Kalimantan: Chairman of the National Mandate Party (PAN) in the Central Sulawesi regency of Tolitoli, Mohammad Arief Muluk, is facing the possibility of dismissal after the local district court found him guilty of issuing a fake diploma to one of his...

Hendrawan: I deserved to win

Hendrawan: I deserved to win JAKARTA (JP): Indonesia should be thankful to Hendrawan for winning the world champion crown in the men's singles by defeating top favorite Peter Gade Christensen of Denmark 15-6, 17-16 in a tough 61-minute battle at San Pablo Stadium in Seville, Spain, on Sunday.

Philippines-Indonesia Relations, a continuing partnership

Philippines-Indonesia Relations, a continuing partnership Philippine-Indonesian relations are characterized by a genuine sense of brotherhood borne out of centuries of close and vibrant interaction as neighbors. In precolonial times, trade, commerce and transmigration flourished between our peoples.

Internet Banking Security, the BCA story

Internet Banking Security, the BCA storyBy Kostaman Thayib JAKARTA (JP): The Internet is inevitably becoming more popular and exerting a greater influence in our daily life.The Internet makes life easier.With the Internet, we can now quickly and easily search for information all over the world.

Antismoking website launched

Antismoking website launched JAKARTA (JP): The Ministry of Health and Social Welfare, the Ministry of National Education and the World Health Organization (WHO), launched a website on Monday for school students as part of a campaign for the free tobacco movement.

Generating 'chemistry' in an interview

Generating 'chemistry' in an interviewBy Pri Notowidigdo JAKARTA (JP): "Am I ready for the interview?"You have undoubtedly asked yourself this question in the past, prior to a job interview, or maybe you are asking this question now as you prepare for an interview in the not too distant future.

Prajogo named as graft suspect over forest concessions

Prajogo named as graft suspect over forest concessions JAKARTA (JP): Timber tycoon Prajogo Pangestu has been named a suspect by the Attorney General's Office in a corruption case involving forestry concessions held by his company PT Musi Hutan Persada.

Building public trust

Building public trustBy Jonminofri Nazir JAKARTA (JP): Visit the Bank of London and you will notice the building is supported by big pillars, probably the biggest compared to the other buildings in the neighborhood.

Key Asian shares down on U.S. techs

Key Asian shares down on U.S. techs SINGAPORE (Agencies): Key Asian shares were hit on Monday by mixed signals on the outlook for U.S. technology shares but their fall was cushioned by resilient banking, auto and other defensive issues.

RI fighters trained in Korea

RI fighters trained in Korea JAKARTA (JP): Indonesian tae kwon doins, being groomed for the Kuala Lumpur Southeast Asian (SEA) Games, are undergoing an overseas stint in South Korea to improve their technical skills.

Regional airports must diversify to meet demands

Regional airports must diversify to meet demands SINGAPORE (AFP): Airports in the Asia-Pacific region must privatize and diversify in order to meet the growing demands of carriers and travelers, but face major regulatory hurdles, industry experts said on Monday.

Alternative medicine's Hembing long an advocate of apitherapy

Alternative medicine's Hembing long an advocate of apitherapy JAKARTA (JP): Prof. Dr. Hembing Wijayakusuma, probably the most famous advocate of alternative therapy in the country, made a startling discovery years ago when he lived next door to a beekeeper.

Donations to Bogor flood victims

Donations to Bogor flood victims BOGOR (JP): Forty-six families in the flood-hit village of Panaragan, South Bogor, received two tons of rice on Monday from the Bogor municipal administration as relief aid.

Gus Dur plans new moves on Cabinet

Gus Dur plans new moves on Cabinet JAKARTA (JP): President Abdurrahman Wahid disclosed on Monday his intention to reshuffle the Cabinet again, a move which he claimed would take account of the demands of the major political parties.

Young woman hangs herself

Young woman hangs herself JAKARTA (JP): An unidentified young woman was found dead, hanging from a neighborhood security post on Jl. Alayidrus, North Petojo subdistrict of Central Jakarta early on Monday.Gambir police chief of detectives Second Insp.

Pasar Baru Festival, joyous event for all

Pasar Baru Festival, joyous event for all JAKARTA (JP): The sound of drums being beaten incessantly was heard all over the Pasar Baru (New Market) shopping area in Central Jakarta on Monday afternoon.In between, every five seconds or so, there was the clash of cymbals, and also the sound of...

Shuttlers evaluated at Junior Indonesia Open

Shuttlers evaluated at Junior Indonesia OpenBy Novan Iman Santosa SURAKARTA, Central Java (JP): Indonesian junior shuttlers will use the US$9,000 Milo Junior Indonesia Open as one of their preparatory events for the Asian Junior Championships in Taipei in July.

Soccer league to go on amid political tension

Soccer league to go on amid political tension JAKARTA (JP): The Soccer Association of Indonesia (PSSI) chairman Agum Gumelar has assured that the Bank Mandiri soccer league will be held despite the heated political climate.

Authority says 29 foreigners free to go

Authority says 29 foreigners free to go JAKARTA (JP): The Jakarta Police had little to say as immigration officials declared on Monday that 29 of the 30 foreigners detained by police following Friday's raid on a labor seminar in Depok were free to go as of Monday evening.

Sick Iraqi kids to be treated in KL

Sick Iraqi kids to be treated in KL KUALA LUMPUR (AFP): A number of sick Iraqi children will be brought to Malaysia soon for medical treatment, Iraqi ambassador Adnan Malik al-Ghazali said on Monday.Ghazali said the Iraqi health system could not meet medical needs because of United Nations...