Archive: 20 June 2001
65 articles found
Wed, 20 Jun 2001, 00:00 WIB
Asia must manage risks from mobile commerce boom: Experts
Asia must manage risks from mobile commerce boom: Experts SINGAPORE (AFP): The Asia-Pacific region has greater potential for business via mobile phones than any other market but there must be safeguards against non-payment and other risks, experts said here on Tuesday. Telecom operators and wireless technology developers attending the CommunicAsia trade fair said cellular phones would boost mobile commerce (m-commerce) and encourage consumers to do business the wireless way.
Wed, 20 Jun 2001, 00:00 WIB
Got the munchies for Acehnese at Seulawah restaurant
Got the munchies for Acehnese at Seulawah restaurant JAKARTA (JP): OK, OK, enough of the little nudges and knowing winks which always seem to appear when people talk about Acehnese cuisine. Ganja leaves are a traditional flavor enhancer in the cooking, and that is why it is said police will turn a blind eye if they find a small stock of the green stuff in an Acehnese kitchen. But ganja or not is something Ibu Ratna Dwikora, the owner of Seulawah, an Acehnese restaurant at Jl.
Wed, 20 Jun 2001, 00:00 WIB
Inflationary pressures
Inflationary pressures The government-mandated 30 percent increase in fuel prices starting last Saturday that will be followed by price hikes in electricity and telephone services next month will surely strengthen inflationary pressures, which have thus far been exerted mainly by rising costs of imports due to the weakening rupiah. Most analysts therefore have predicted that inflation this year may hit a double-digit level, higher than the government revised inflation target of 9.3 percent.
Wed, 20 Jun 2001, 00:00 WIB
BI's policy on stabilizing the value of the rupiah
BI's policy on stabilizing the value of the rupiah This is the first of two articles on the rupiah by Achjar Iljas, deputy governor of Bank Indonesia. JAKARTA (JP): Under the floating exchange rate system, market forces freely determine the rupiah exchange rate, while the authorities influence the market through its fiscal and monetary policies.
Wed, 20 Jun 2001, 00:00 WIB
Bank Universal plans Rp 3.3t in fresh loans
Bank Universal plans Rp 3.3t in fresh loans JAKARTA (JP): Publicly listed Bank Universal plans to extend new loans of about Rp 3.3 trillion (about US$29.33 million) this year. The bank said the fresh loans would raise its total outstanding credits by 55 percent to Rp 9.3 trillion this year from about Rp 6 trillion in 2000.
Wed, 20 Jun 2001, 00:00 WIB
Premier Oil targets Ujung Pangkah gas sale deal this year
Premier Oil targets Ujung Pangkah gas sale deal this year JAKARTA (JP): British oil and gas company Premier Oil Indonesia Ltd. expects to secure a contract by the end of this year to sell over 50 million cubic feet per day (mmcfd) of gas from its Ujung Pangkah gas field in East Java to local power companies. Premier president Robin Allan said that the contract would pave the way for developing the company's Ujung Pangkah gas field, located north of Surabaya.
Wed, 20 Jun 2001, 00:00 WIB
Jakarta dominates second day of interchapter volleyball c'ships
Jakarta dominates second day of interchapter volleyball c'ships JAKARTA (JP): Jakarta men's and women's volleyball teams dominated the second day of the 2001 Interchapter National Volleyball Championships at the basketball hall in Bung Karno Sports Complex in Senayan on Tuesday. Jakarta men's team recorded a second consecutive victory with a 3-0 (25-14, 25-18, 25-14) win over South Sumatra. While the women's team scored the first win over newcomer Banten 3-0 (25- 14, 25-13, 25-15).
Wed, 20 Jun 2001, 00:00 WIB
Three bombs explode in Pancoran boarding house
Three bombs explode in Pancoran boarding house JAKARTA (JP): Three powerful bomb explosions on Tuesday morning seriously injured five people and caused extensive damage to a boarding house on Jl. Cikoko Barat III No. 23, in the Pengadegan subdistrict of Pancoran, South Jakarta. No fatalities have been reported as a result of the blast.
Wed, 20 Jun 2001, 00:00 WIB
JP/2/DAYAK
JP/2/DAYAK Follow-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 interethnic conflicts that occurred months earlier.
Wed, 20 Jun 2001, 00:00 WIB
Gus Dur, Megawati to attend anniversary
Gus Dur, Megawati to attend anniversary JAKARTA (JP): President Abdurrahman Wahid and Vice President Megawati Soekarnoputri are slated to arrive in Blitar, East Java, on Wednesday to attend ceremonies marking the 31st anniversary of the death of the country's first president, Sukarno, on Thursday. Prior to his trip to Blitar, the President will visit Pasuruan to meet with the victims of the riots that hit the regency last month, presidential spokesman Yahya Staquf said.
Wed, 20 Jun 2001, 00:00 WIB
Government proposes to IMF several options on central bank law
Government proposes to IMF several options on central bank law JAKARTA (JP): New Coordinating Minister for the Economy Burhanuddin Abdullah said on Tuesday he had proposed to the International Monetary Fund (IMF) "several options" to end the current row over the amendment of the central bank law. Burhanuddin said the options included revising the government- proposed amendments to the Bank Indonesia law.
Wed, 20 Jun 2001, 00:00 WIB
Palembang budgets for water demand
Palembang budgets for water demand PALEMBANG, South Sumatra: The city administration here has allocated Rp 5.16 billion from its local budget to meet the expected high demand for clean water. The deputy of the Palembang administration, Aidit Aziz, said on Tuesday that the supply of clean water for the city's residents was one of the top priorities of the administration. The money will be used to fund various projects to build various water infrastructures.
Wed, 20 Jun 2001, 00:00 WIB
Support for the attorney general
Support for the attorney general I would like to comment on and at the same time give my support to the steps taken by Attorney General Baharuddin Lopa to enforce the law. I do hope that the attorney general is serious in carrying out this task and not merely making empty promises.
Wed, 20 Jun 2001, 00:00 WIB
Civilian-military relations
Civilian-military relations From Rakyat Merdeka To the best of my understanding, now that civilian-military relations seem to be closer or more intimate, as can be observed from one TV program aired on May 8, 2001 presenting resource person MT Arifin and (ret) Maj. Gen. Syaiful Sulun. Along with that, the question is why in the world there are still efforts to separate the military from civil society by creating disharmonious relations between the military and the people.
Wed, 20 Jun 2001, 00:00 WIB
Female mayors make Asian cities nicer: UN
Female mayors make Asian cities nicer: UN BANGKOK (AFP): Cities in the Asia Pacific region would be cleaner, healthier and friendlier places to live if women had a bigger role in running local governments, the United Nations said on Tuesday. UN Economic and Social Commission for Asia and the Pacific (UN-ESCAP) executive secretary Kim Hak-Su said women decision- makers brought forward fresh perspectives and redefined political priorities.
Wed, 20 Jun 2001, 00:00 WIB
It's rule of law versus personality
It's rule of law versus personality BANGKOK: For four months, the Constitution Court has been biting the bullet under constant pressure from the supporters of Prime Minister Thaksin Shinawatra. After some initial reluctance, Thaksin finally decided to appear before the court, and when he did yesterday, thousands of supporters turned out to cheer him. He said public opinion polls, which showed most Thais wanted him to testify before the court, had influenced him to do so.
Wed, 20 Jun 2001, 00:00 WIB
300 industries in Bogor produce toxic waste: Agency
300 industries in Bogor produce toxic waste: Agency BOGOR (JP): Some 300 of the 800 industrial companies operating in Bogor regency produce hazardous and toxic waste, according to the Bogor branch of the Environmental Impact Management Agency (Bapedalda). The head of Bapedalda's air and soil contamination control section, Eran Subarna, disclosed on Tuesday that only 10 percent of the 300 companies had built their own liquid waste treatment installations.
Wed, 20 Jun 2001, 00:00 WIB
Thieves hit shoe factory
Thieves hit shoe factory BANDUNG (JP): Fifteen thieves armed with handguns and sickles robbed a house, which was also used as a shoe accessory factory, in broad daylight on Tuesday, making off with Rp 15 million in cash and other valuables. The house, belonging to businessman Hendra Tanuharja, was robbed at noon. Antara reported that Hendra and his fifteen employees were locked up in a room while the thieves took Rp 7 million in cash and jewelry estimated to be worth Rp 8 million.
Wed, 20 Jun 2001, 00:00 WIB
U.S. Dollar Rates June.19
U.S. Dollar Rates June.19 Latest Previous %Change Yen 123.04-09 123.31-36 -0.22 Euro* 0.8554-59 0.8610-15 -0.65 Sterling 1.3942-48 1.4062-67 -0.85 Swiss Franc 1.7875-80 1.7764-74 +0.62 Canadian Dollar* 1.5337-47 1.5339-49 -0.01 Australian Dollar* 0.5214-19 0.5227-32 -0.25 New Zealand Dollar 0.4138-43 0.4139-46 -0.02 Deutsche Mark 2.2856-62 2.2703-16 +0.67 Czech Koruna 39.599-29 39.476-06 +0.31 Hungary Forint 287.59-00 286.01-76 +0.55 Danish Krone 8.7085-35 8.6543-83 +0.63 Norwegian Krone...
Wed, 20 Jun 2001, 00:00 WIB
Mahathir 'unaware' of latest probe
Mahathir 'unaware' of latest probe KUALA LUMPUR (AP): Prime Minister Mahathir Mohamad said on Tuesday he was not aware of any investigation by authorities into Malaysia's former finance minister Daim Zainuddin. "There is no investigation," Mahathir was quoted as saying by the national news agency, Bernama. "Maybe they have asked him, I don't know." Speculation has been rife for more than a week that police had or were about to raid Daim's house and that he was about to be arrested.
Wed, 20 Jun 2001, 00:00 WIB
Commuters bemoan unfair minivan fares
Commuters bemoan unfair minivan fares JAKARTA (JP): With public minivan transportation fares increasing, today it was the commuters' turn to express dissatisfaction over price rises as fares in some cities began to spiral beyond the expected average. While most local administrations were endorsing a fare hike of around 25 percent, passengers in some cities were being charged double that rate.
Wed, 20 Jun 2001, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on June 19, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,475 -25 79,500 Adindo Foresta 120 0 108,500 AGIS 140 5 92,000 Alakasa 150 0 0 Alfa Retailindo 1,075 0 61,000 Alter Abadi 100 0 0 Alumindo Light 575 0 5,000 Andhi Chandra 1,975 0 0 Aneka Kimia Raya 150 0 0 Aneka Tambang 1,025 0 5,426,000 Apac Citra 310 -15 240,000 Aqua Golden 12,150 -50 1,000 Argha...
Wed, 20 Jun 2001, 00:00 WIB
Tonic kills three men in Cakung
Tonic kills three men in Cakung JAKARTA (JP): A vendor selling "tonic" was arrested following the death of three of 11 men who were rushed to hospital after drinking the concoction, police said on Tuesday. Cakung Police subprecinct chief Comr. I Gede Putu Keramas said the 11 victims bought eight bottles of the drink from Afrison's stall on Jl. Dr. Radjiman Widigyoningrat, Rawa Gedong, Cakung, East Jakarta.
Wed, 20 Jun 2001, 00:00 WIB
China probes additive dumping
China probes additive dumping BEIJING (Dow Jones): China has opened an investigation into possible dumping of the feed additive L-lysine monohydrocyloride, the official Xinhua news agency reported late Monday. The investigation will target imports from the U.S., South Korea and Indonesia, the report said, and will be led by the foreign trade ministry, Customs, the State Economic and Trade Commission and the State Council.
Wed, 20 Jun 2001, 00:00 WIB
Golkar chairman Tadjus resigns
Golkar chairman Tadjus resigns JAKARTA (JP): Golkar Party city chapter chairman Tadjus Sobirin, who has often been criticized for his poor leadership, announced his resignation on Tuesday following demands for his replacement in an expedited congress. "I sent my resignation letter to chairman of the Golkar Party's Central Board Akbar Tandjung today," Tadjus, who is also a city councillor, told reporters at the council.
Wed, 20 Jun 2001, 00:00 WIB
Oil prices extend losses on chance of July Iraq restart
Oil prices extend losses on chance of July Iraq restart LONDON (Reuters): Oil prices extended losses on Tuesday, falling to two-month lows after a dollar-a-barrel slump late on Monday. Traders said the expectation that weekly U.S. inventory data would show rising stocks and speculation surrounding an early resumption of Iraqi oil exports lay behind the weakness.
Wed, 20 Jun 2001, 00:00 WIB
Who dares?
Who dares? Rakyat Merdeka on June 11, 2001 published an interview with Mr. Kemal Idris, former chief of the Army Strategic Reserves Command (green berets) who sieged the palace of former president Sukarno on Oct. 17, 1952. Contrary to what I have often read, Mr. Kemal Idris said the besiege was not a plot to carry out a coup d'etat, but rather to protect the palace from demonstrators milling about the palace.
Wed, 20 Jun 2001, 00:00 WIB
University to take more students
University to take more students PALANGKA RAYA, Central Kalimantan: Palangka Raya University, the biggest and oldest university in the province, has allocated some 1,945 places for new student admissions for the coming school year. The deputy head of the state-run university, Kalvin Anggen, said the new students would be screened through the National Exam for University Entrance (UMPTN), or the Search on Potential Students Scheme (PSB).
Wed, 20 Jun 2001, 00:00 WIB
Talks with GAM again?
Talks with GAM again? Minister of Defense Mahfud MD announced on June 15, 2001 that Indonesia would send Coordinating Minister for Political, Social and Security Affairs Agum Gumelar to peace talks between the government and separatist Free Aceh Movement (GAM) in Geneva (The Jakarta Post, June 16, 2001). In my opinion, this is a wrong step and the only result will be to boost the morale of GAM, which is now in a difficult military position.
Wed, 20 Jun 2001, 00:00 WIB
Governor asked to help E. Timorese
Governor asked to help E. Timorese JAKARTA (JP): Former East Timorese prointegration leader Eurico Gueterres met with Jakarta Governor Sutiyoso on Tuesday to request that the city administration help relocate East Timorese who have opted to remain in Indonesia. According to Eurico, there are around 50 to 100 East Timorese families who want to reside in Jakarta and need help on administrative matters and citizenship.
Wed, 20 Jun 2001, 00:00 WIB
Lopa plans to file lawsuit against Soeharto
Lopa plans to file lawsuit against Soeharto JAKARTA (JP): Seeking a much needed breakthrough in the stalled prosecution of Soeharto, Attorney General Baharuddin Lopa reiterated here on Tuesday his plans to seek an alternative legal route by filing a civil lawsuit against the former president. Speaking after the launching of the book "Soeharto's Trial", Lopa said such a move would be beneficial for all concerned as it would provide "legal certainty" for both Soeharto himself and the nation.
Wed, 20 Jun 2001, 00:00 WIB
Nippon forms joint venture
Nippon forms joint venture JAKARTA (JP): Nippon Express, a major Japanese freight forwarding company and logistics provider, and its local partner PT Supra Raga Transport have formed a joint venture to boost its presence in the Indonesian market. The Japanese company said on Tuesday the joint venture PT Nippon Express Indonesia, which will focus on the air cargo transportation business, would start operation next month.
Wed, 20 Jun 2001, 00:00 WIB
Aiming for Market Leadership in Information Technology Services
Aiming for Market Leadership in Information Technology Services The information technology (IT) industry in the Philippines has been going through remarkable progress and growth in recent years. In the hardware sector, the Philippines' semiconductor and electronics industries have been growing at the rate of 30 percent to 40 percent per annum since 1993.
Wed, 20 Jun 2001, 00:00 WIB
Persani to select SEA Games gymnasts
Persani to select SEA Games gymnasts JAKARTA (JP): The Indonesian Gymnastics Association (Persani) will stage a three-day selection to pick members of the Kuala Lumpur Southeast Asian (SEA) Games team. The Persani deputy secretary-general, Frederick Huma, was quoted by Antara as saying on Tuesday that the core team would comprise 15 athletes.
Wed, 20 Jun 2001, 00:00 WIB
600,000 Jakartans not paying tax
600,000 Jakartans not paying tax JAKARTA (JP): Director General of Taxation Hadi Purnomo estimates that almost two-thirds of Jakarta's potential taxpayers do not pay income tax. Hadi said on Tuesday that based on 1999 data, Jakarta should have 900,000 taxpayers, but as of May this year, only 300,000 people were registered at the local tax office.
Wed, 20 Jun 2001, 00:00 WIB
Military personnel to secure Arun gas field
Military personnel to secure Arun gas field BANDA ACEH, Aceh (JP): More than 2,000 military personnel are expected to be deployed along the 80-kilometer gas production and distribution line of PT ExxonMobil Oil Indonesia in Lhok Sukon, East Aceh, ahead of the giant gas company's plan to resume operations later this month. The commander of the military operation in Aceh Brig. Gen.
Wed, 20 Jun 2001, 00:00 WIB
Where to go in Surabaya:
Where to go in Surabaya: Film * Monthly French Film, CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5615246), every Tuesday, Friday, Saturday, 6:30 p.m. Performance * Music: Fete De La Musique, by Indonesian music groups, CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5615246), 7 p.m., until June 21. Discussion with musicians, 10 a.m., June 20. Music and Entertainment * Hyatt Regency Surabaya, Jl. Jend.
Wed, 20 Jun 2001, 00:00 WIB
Maluku students demand Made Yasa trial
Maluku students demand Made Yasa trial MAKASSAR, South Sulawesi (JP): A student rally in Makassar welcomed the latest Indonesian Military (TNI) reshuffle on Tuesday, with some 100 Maluku students studying in the South Sulawesi capital demanding that outgoing Pattimura Military Commander, Brig. Gen. I Made Yasa, be tried for human rights violations.
Wed, 20 Jun 2001, 00:00 WIB
7 countries to vie in hang gliding tour
7 countries to vie in hang gliding tour JAKARTA (JP): South Africa, the United States, Australia, Belgium, England, Yugoslavia and host Indonesia have confirmed participation in the Indonesia Open Hang Gliding and Microlight Championship at Adi Sumarmo Airport in Surakarta, Central Java, from Aug. 16 to Aug. 26.
Wed, 20 Jun 2001, 00:00 WIB
Reengineering of organizations
Reengineering of organizations By Muhammad Sauri Hasibuan JAKARTA (JP): The law on regional autonomy stipulates that regions should be able to take the initiative to solve their problems, without waiting for a decision from central government. Power and information, the two main elements needed to settle a problem, now rest with the regions. But what does a region have as a basis for taking these measures?
Wed, 20 Jun 2001, 00:00 WIB
Rupiah rate June 19.
Rupiah rate June 19. Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.
Wed, 20 Jun 2001, 00:00 WIB
Police arrest eight after clash with students
Police arrest eight after clash with students JAKARTA (JP): Central Jakarta Police arrested eight people on Tuesday, following a clash between police and protesting students outside the campuses of the Indonesian Persada University (UPI) and YAI accounting school on Jl. Diponegoro, Central Jakarta. The clash started when police officers blocked the path of the student demonstrators, who had planned to march to the vice presidential palace on Jl. Medan Merdeka Selatan in Central Jakarta.
Wed, 20 Jun 2001, 00:00 WIB
PDI Perjuangan
PDI Perjuangan PDI Perjuangan retracts call for special session. Page 2 Tax 600,000 Jakartans not paying tax. Page 3 Rupiah BI's policy on stabilizing the value of the rupiah. Page 5 Soccer France downs Iran, Costa Rica stuns Holland in youth cup. Page 6 Golf Goosen beats Brooks in play-off to win U.S. Open. Page 7 Cheese France's cheese tradition nothing to sniff at. Page 8 Hemorrhoids What to do before hemorrhoids become a painful problem.
Wed, 20 Jun 2001, 00:00 WIB
PDI Perjuangan retracts call for special session
PDI Perjuangan retracts call for special session JAKARTA (JP): The Indonesia Democratic Party of Struggle (PDI Perjuangan) has become the latest party to jump on the bandwagon of major parties retracting their demands for an accelerated special session of the People's Consultative Assembly (MPR). The party's deputy chairman Roy B.
Wed, 20 Jun 2001, 00:00 WIB
West Java police name 21 people as suspects
West Java police name 21 people as suspects BANDUNG (JP): West Java Police announced on Tuesday that they had officially charged 21 people for offenses committed in relation to large rallies by workers and a public transportation strike here over the past week. "We officially charged them as suspects because there is strong evidence of their involvement," Bandung Police Chief Brig. Gen. Sudirman Ail said after meeting with provincial councillors.
Wed, 20 Jun 2001, 00:00 WIB
Sprinter Irene may miss SEA Games 2001
Sprinter Irene may miss SEA Games 2001 JAKARTA (JP): Indonesian women's sprinter Irene Truitje Joseph's participation in the Kuala Lumpur Southeast Asian (SEA) Games is in jeopardy because of a heart problem she experienced while competing in the National Athletics Championships.
Wed, 20 Jun 2001, 00:00 WIB
What to do before hemorrhoids become a painful problem
What to do before hemorrhoids become a painful problem By Maria Endah Hulupi JAKARTA (JP): It's a lifestyle choice: keep to that bad diet, heavy on the junk food and low on fiber, and chances are that hemorrhoids will be in your future.
Wed, 20 Jun 2001, 00:00 WIB
Growing digital gulf a very troubling situation: Lee
Growing digital gulf a very troubling situation: Lee SINGAPORE (AFP): The growing technological divide between the rich and poor Southeast Asian nations creates a worrying situation, Singapore's elder statesman Lee Kuan Yew said on Monday. Catching up with wealthier neighbors would be an uphill task because of a lack of resources, Lee told a forum held in conjunction with CommunicAsia 2001, the region's top communication and information technology show.
Wed, 20 Jun 2001, 00:00 WIB
Bank Bali expects to be back in the black in 2001
Bank Bali expects to be back in the black in 2001 JAKARTA (JP): After being in the red for the past three years, publicly listed Bank Bali expects to be back in the black this year thanks to a recovery in its lending operations. The bank's president, Dradjat B. Prasetyo, said the increase in interest income would enable the bank to make a profit again. This year, the bank is projected to book a pretax profit of about Rp 712 million as compared to a net loss of Rp 1.08 trillion in 2000.
Wed, 20 Jun 2001, 00:00 WIB
An area set aside for street diggers
An area set aside for street diggers JAKARTA (JP): Trisakti University in West Jakarta agreed on Monday to reserve a space under the nearby Grogol flyover for street diggers. The university, together with West Jakarta mayoralty, had planned to use the whole area under the Grogol flyover in front of its building, as a parking lot. But apparently, street diggers have been using the area as a place to gather and attract customers for the past 50 years.
Wed, 20 Jun 2001, 00:00 WIB
Migrant worker freed
Migrant worker freed JAKARTA (JP): A migrant worker, jailed for abandoning her newborn in a Garuda Indonesia aircraft toilet, was freed after serving seven and a half months in prison. Tangerang's female penitentiary freed Imas, 27, on Monday afternoon after receiving a copy of West Java High Court's ruling that Imas' jail term had been reduced from 10 months to seven months.
Wed, 20 Jun 2001, 00:00 WIB
Aussie bank to sell RI stake
Aussie bank to sell RI stake SYDNEY (Dow Jones): Commonwealth Bank Of Australia, Australia's second largest bank by market capitalization, said Tuesday it is in talks with a number of parties for the sale of its joint venture holding in its life insurance business Ayudhya CMG in Thailand. Sydney-based CBA is also seeking to sell its life insurance business in Indonesia, the company said in a brief statement to the Australian Stock Exchange.
Wed, 20 Jun 2001, 00:00 WIB
Treatment of TNI
Treatment of TNI From Kompas Having read the media's reports on the May 12, 1998 tragedy, including the statements of the National Commission on Human Rights (Komnas HAM) and Todung Mulya Lubis that the Indonesian Military (TNI) was involved in serious human rights violations (Kompas of May 10, 2001 and May 23, 2001), TNI seem to be cornered by established opinion.
Wed, 20 Jun 2001, 00:00 WIB
KL palm oil gains on technical rebound
KL palm oil gains on technical rebound KUALA LUMPUR (Reuters): A technical rebound lifted Malaysian palm oil futures on Tuesday in anticipation of fresh gains in Chicago and market-friendly exports figures for the first 20 days of June, traders said. Pakistan's decision to increase the sales tax on import duties of all edible oils to 20 percent from 15 percent starting next month was factored in by the market, they said.
Wed, 20 Jun 2001, 00:00 WIB
NGO: Aceh kids need attention
NGO: Aceh kids need attention BANDA ACEH, Aceh: An activist here made a plea to the country to pay immediate attention to the fate of children caught up in the conflict in Aceh. Abdul Gani Nurdin, the chairman of the Aceh-based Children's Protection Institute, said that since the province had been declared a military operation zone, some 150,000 children had become "live victims" of the armed conflict after their parents were killed in various incidents.
Wed, 20 Jun 2001, 00:00 WIB
House to speed deliberation of Aceh, Irian Jaya bills
House to speed deliberation of Aceh, Irian Jaya bills JAKARTA (JP): The government and the House of Representatives agreed on Tuesday to speed up the deliberation of the bills on special autonomy for Aceh and Irian Jaya convinced that it could help abate escalating tension in the two troubled provinces. House Deputy Speaker Soetardjo Soerjogoeritno said the House would work hard to speed up deliberation of the two bills so that they could be passed into law by the end of the month.
Wed, 20 Jun 2001, 00:00 WIB
IBRA hopes to reach deal over Chandra Asri debt
IBRA hopes to reach deal over Chandra Asri debt JAKARTA (JP): Indonesian Bank Restructuring Agency (IBRA) chairman Edwin Gerungan said on Tuesday a new deal was expected to be reached with Japan's Marubeni Corp. this week over the restructuring of olefin producer PT Chandra Asri's debts. "(The debt workout) can be completed this week," Edwin said following talks with Marubeni representatives at the Ministry of Industry and Trade.
Wed, 20 Jun 2001, 00:00 WIB
Hexindo upbeat on meeting profit target
Hexindo upbeat on meeting profit target JAKARTA (JP): Publicly listed heavy equipment supplier PT Hexindo Adiperkasa is upbeat that its this year's net profit will increase by about 10 percent to Rp 33.3 billion (US$2.94 million) as targeted despite the sluggish sales during the January to March period.
Wed, 20 Jun 2001, 00:00 WIB
KL police rescue 34 sex 'slaves'
KL police rescue 34 sex 'slaves' KUALA LUMPUR (Reuters): Malaysian police said on Tuesday they had rescued 34 foreign women who had been drugged and forced to work as prostitutes in a brothel. They said the women, from neighboring Thailand and Indonesia, were forced to work at night and drugged so they would sleep during the day. The women, along with six men arrested, are being held while police investigate.
Wed, 20 Jun 2001, 00:00 WIB
Sanyo Indonesia Open as scheduled
Sanyo Indonesia Open as scheduled JAKARTA (JP): Despite the possibility of violent rallies prior to and during the special session of the People's Consultative Assembly (MPR), the US$170,000 Sanyo Indonesia Open will take place as scheduled next month.
Wed, 20 Jun 2001, 00:00 WIB
Prices of basic commodities up at traditional markets
Prices of basic commodities up at traditional markets JAKARTA (JP): Prices for basic commodities sold at traditional markets in the capital have increased, following the fuel price hike which came into effect on Saturday. Although the prices are not consistent at every market, the increase has ranged between 10 percent and 25 percent. But the cost of some items, such as chili, has risen up to 60 percent.
Wed, 20 Jun 2001, 00:00 WIB
Government loses first case on BLBI funds
Government loses first case on BLBI funds JAKARTA (JP): The government lost its first legal fight in recovering billions of dollars of Bank Indonesia liquidity support as the South Jakarta District Court acquitted on Tuesday deputy director of PT Bank Aspac Hendrawan Haryono of corruption charges. The court however ruled that the defendant was found guilty of violating banking regulations by not registering with BI two promissory notes which Bank Aspac sold to PT Bank Exim.
Wed, 20 Jun 2001, 00:00 WIB
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. Intermarriages and alliances solidified these cross-cultural and economic links. Over the centuries, the movement of peoples, goods and ideas between the two archipelagos intensified.
Wed, 20 Jun 2001, 00:00 WIB
Indonesia to face power shortage in two years
Indonesia to face power shortage in two years JAKARTA (JP): Power blackouts may strike many parts of the country in the next one to two years due to power shortages caused by the absence of investment, power firm executives warned on Tuesday. David Newell of Unocal Indonesia said "all indicators" showed that Indonesia was on the verge of experiencing a power shortage late next year or by 2003.
Wed, 20 Jun 2001, 00:00 WIB
IBRA to name winning bidder for BCA shares
IBRA to name winning bidder for BCA shares JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) will name the winning bidder for its stake in the publicly listed Bank Central Asia (BCA) next week, agency deputy chairwoman Felia Salim said on Tuesday. "We'll name the winner between June 25 and June 28," Felia said following a meeting with Finance Minister Rizal Ramli. She said that there were seven bidders competing to purchase the BCA shares.