Indonesian Political, Business & Finance News

Archive: 25 June 2001

52 articles found

Property market remains bleak

Property market remains bleak By I. Christianto There are no promising signs yet that there is even a slow recovery in the property and real estate sector. Meanwhile, in the stock market, concerns over weak consumer demand has dragged down property and real estate heavyweights. JAKARTA (JP): Market analyst Yenny Fadjar of PT Harita Kencana Securities said the property sector had been generally stagnant. "Since 1998, the sector has been stagnant. This is partly due to our weak banking sector.

Govt won't force banks to merge: Burhanuddin

Govt won't force banks to merge: Burhanuddin JAKARTA (JP): The government will avoid forcing domestic banks into merging as part of its efforts to restructure the weak and overcrowded banking sector. The newly appointed Coordinating Minister for the Economy Burhanuddin Abdullah said that it would be better and less costly to the government to let market mechanisms do the job. "We must try to avoid a compulsory (merger) process ...

Indonesian SEA Games karatekas still out of form

Indonesian SEA Games karatekas still out of form JAKARTA (JP): Indonesian karatekas due to compete at the Southeast Asian (SEA) Games, to be held in Kuala Lumpur this September, performed during a two-day trial session over the weekend. The Indonesian Karate-Do Federation (Forki) is now preparing 19 karatekas in kata and kumite events and is aiming to grab seven of 19 gold medals at stake.

Violence hits Poso, Pontianak

Violence hits Poso, Pontianak JAKARTA (JP): Dozens of armed men attacked a residential area in the town of Poso, Central Sulawesi, in the early hours of Sunday morning, killing two people and injuring three others. The unidentified men stormed houses and fired randomly during the predawn attack which caused panic among residents. Security personnel combing the area after the attack found two bodies. Quoting sources, Antara news agency identified the casualties as Army First Lt.

Strikes and protests affect Jakarta Fair

Strikes and protests affect Jakarta Fair JAKARTA (JP): The current political tension, rampant demonstrations and strikes by public transportation drivers in the capital seem to have all been factors preventing people from going to the one-month-long Jakarta Fair, traders and tenants said on Sunday.

Microsoft's Office XP: Is it a compelling upgrade?

Microsoft's Office XP: Is it a compelling upgrade? By Zatni Arbi JAKARTA (JP): You must have heard a lot about it already: Microsoft has just launched the latest version of its Office productivity suite. Instead of giving it the name of Office 2002, the software maker everybody loves and hates at the same time has chosen the two letters XP to distinguish it from the earlier versions, Office 97 and Office 2000.

TV today

TV today TVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Music 9:00 Computer House Training 10:00 Music 11:00 Gallery 12:00 p.m. Interval 3:00 News 3:30 Children's Program 4:30 Quiz 5:00 News 5:30 Economic News 6:00 News 6:15 TV Drama 7:00 Evening News 8:00 Music 9:00 TV Series 10:00 Variety Show 11:00 Music Program 2 5:30 p.m. Music 6:30 City News 7:00 Variety Show 7:30 News (in English) 8:30 Documentary TPI 5:30 a.m.

Aussie backs APSC center

Aussie backs APSC center CANBERRA (AP): The Australian government said Saturday it will help develop an Asia-Pacific space launch center on Christmas Island off the country's west coast. The government said it will give up to A$100 million toward costs of building the A$800 million facility, known as the Asia Pacific Space Center (APSC). The facility would be used to launch rockets to put satellites into space.

Remains of U.S. woman unearthed

Remains of U.S. woman unearthed KUALA LUMPUR (AFP): An American woman whose remains were unearthed on Friday in Malaysia is believed to have been the victim of a ritual murder carried out to obtain lottery numbers, police say. Police quoted by Sunday newspapers said the remains were believed to be those of Carolyn Jamica Noraini Abdullah, 35. The mother of three, who was married to a local doctor, went missing in November 1999.

S'pore goes all-out for IT training

S'pore goes all-out for IT training SINGAPORE (AP): Singapore is going on an all-out nationwide drive to train its people - including the elderly and low-income - to use computers and the Internet, Prime Minister Goh Chok Tong said Saturday. The government is launching a subsidized "National IT (information technology) Literacy Program" to "equip 350,000 Singaporeans with basic computer and Internet skills over the next three years," Goh said.

No compromise

No compromise Major parties say no compromise struck. Page 2 Jakarta Fair Unrest, security fears affect Jakarta Fair. Page 3 Ruler Just ruler to follow just citizenship. Page 4 Golf Another week, another U.S. golf event hit by rain. Page 7 Office Making your way around the office in tough times. Page 8 U.S. economy U.S. economy may contract in second quarter: Economists. Page 10 Market Positive political sentiments to boost JSX.

Great promotions launched despite uncertainties

Great promotions launched despite uncertainties JAKARTA (JP): Housing and property developers are currently promoting their projects with attractive advertisements in the media. Property exhibitions are also held regularly in the capital. However, the property market is still down, at least according to stock market analysts and property consultants.

Making your way around the office in tough times

Making your way around the office in tough times By Mehru Jaffer JAKARTA (JP): The big, bad world of the office empowers some people with overconfidence about their abilities and fills others with such insecurities that defensiveness born from fear becomes second nature. And that is where Eileen Rachman sees her opportunities -- lots of them.

Hepatitis B affects 126,000 in Bandung

Hepatitis B affects 126,000 in Bandung BANDUNG: Some 126,000 Bandung residents are suffering from the infectious disease, Hepatitis B, a health expert has claimed. Speaking at a discussion on Sunday, Ali Djumhana said the number accounts for 5 percent of the national figure, which remains at the tolerable level of between 4 percent and 34 percent.

Legislators regret RI's blacklisting

Legislators regret RI's blacklisting JAKARTA (JP): Legislators expressed regret over the decision by industrialized nations to add Indonesia to a money laundering blacklist, saying it was not a wise step while the country was struggling to defuse a prolonged economic crisis.

Man caught raping kid

Man caught raping kid JAKARTA (JP): Police are currently questioning a man over the alleged rape of a 10-year-old schoolgirl, inside a storage room of 05 Susukan Ciracas elementary school in East Jakarta, on Friday afternoon. Ciracas Police chief Comr. Eko Waluyo identified the man as Uus, 20, who guards the storage room of the school and the victim as a resident of Ciracas.

Poor treatment of migrant workers takes its toll

Poor treatment of migrant workers takes its toll JAKARTA (JP): The recent death of a woman migrant worker upon her arrival at the Soekarno Hatta International Airport has prompted calls for the government to close the special gate at Terminal III for migrant workers. Labor activists have complained that the special gate for migrant workers at Terminal III failed to provide immediate health service for the workers after their long journey. Worse, the area is rampant with touts and extortionists.

'Silaturahmi' to Australia

'Silaturahmi' to Australia If and when President Abdurrahman Wahid's plane touches down at Canberra airport on Monday morning, history will be made. In the often tumultuous relations between Indonesia and Australia, this will be the first visit by an Indonesian president to its giant southern neighbor for 26 years. In contrast, there must have been at least a dozen visits by different Australian prime ministers to Indonesia during those intervening years.

Major parties say no compromise struck

Major parties say no compromise struck JAKARTA (JP): After three weeks, lobbying initiated by President Abdurrahman Wahid has not achieved compromise, his political foes declared on Sunday.

RI women's coach Mei Hua to move to Malaysia

RI women's coach Mei Hua to move to Malaysia JAKARTA (JP): It has been confirmed that Indonesian women's singles coach Kho Mei Hua will begin coaching the Malaysian squad on Monday, although she recently denied the report.

Does DPR still represent people?

Does DPR still represent people? From Media Indonesia Only the government is ever blamed for increases in fuel prices. In fact, the government cannot increase fuel prices unless its proposal to this effect gains the approval of the House of Representatives (DPR). Before making a decision on a government proposal, the DPR must take into account the interests of the people it represents.

RI vows to combat money laundering

RI vows to combat money laundering JAKARTA (JP): Coordinating Minister for the Economy Burhanuddin Abdullah said that the government of Indonesia would cooperate in the worldwide fight against money laundering. Burhanuddin said over the weekend that in addition to the bill to outlaw money laundering proposed to the House of Representatives earlier this month, Bank Indonesia was preparing a set of new regulations which would force banks to carefully scrutinize the source of their customers money.

Korean association seeks protection

Korean association seeks protection JAKARTA (JP): A city-based foundation for the Korean community has sought police protection following the occupation of its land and building by a former foundation executive. Established on a plot covering 6,500 square meters at Ceger, Pasar Rebo subdistrict, East Jakarta, the PNIEL Foundation is sponsored by around 30,000 Korean citizens in the capital and is actively engaged in education, social and religious activities.

Every computer needs a peripheral

Every computer needs a peripheral By Zatni Arbi JAKARTA (JP): Come to think of it, a computer system is so much like our stomach. It typically consists of one or more input devices, one central processing unit (CPU), and one or more output devices. The main different is perhaps that, unlike the output of the computer system, the output of our stomach is not normally to be displayed.

Robbers ransack house of political party chief

Robbers ransack house of political party chief JAKARTA (JP): Chairman of the Indonesian People's Party (PARI) Agus Miftah was injured and suffered losses of Rp 200 million after 11 unidentified burglars entered and attacked him at his house in the upmarket Permata Hijau area, on Jl. Permata Hijau Raya Block AA No.3, South Jakarta early on Saturday.

Lots going on in theater, dance, music at JakArt 2001

Lots going on in theater, dance, music at JakArt 2001 By Nuraini Razak JAKARTA (JP): Acting Indonesian-style will be on show this week, with six local theater groups, including ones for children and the blind, performing as JakArt 2001 winds down. Studiklub Teater Bandung, one of the oldest modern theater groups in the country, will perform at 7:30 p.m. on Monday at Gelanggang Remaja Bulungan in South Jakarta.

President's travel expenses

President's travel expenses From Media Indonesia It has been widely reported in the mass media that President Abdurrahman "Gus Dur" Wahid, is making a state visit to Australia, New Zealand and the Philippines between June 24 and 30, 2001. Previously, the President made a series of state visits to some American, European and Asian (including ASEAN) countries, purportedly in an attempt to seek help to lift Indonesia out of its deep economic crisis.

Man gets three years for arson

Man gets three years for arson JAKARTA (JP): Zainal Arifin, 44, was sentenced to three years in prison by the Central Jakarta District Court on Friday, for torching the Development and Finance Comptroller Agency (BPKP) building on Jl. Hayam Wuruk last October. The court found Zainal Arifin guilty of arson, presiding judge Musa Simatupang told the hearing. The sentence was heavier than the 30-month-long jail term demanded by prosecutor Amri Sata.

Pro-Gus Dur rally proceeds despite new bomb finding

Pro-Gus Dur rally proceeds despite new bomb finding SURABAYA (JP): Another bomb was found at the compound of gubernatorial office here on Sunday, ahead of a rally against the planned special session of the People's Consultative Assembly (MPR) later in the day. The bomb, the second in two days, was located a few hours before some 3,000 people, representing 66 organizations, aired support for President Abdurrahman Wahid at the Gelora Pancasila Stadium, where the first bomb was found on Friday.

Priests to negotiate with Irian Jaya rebels

Priests to negotiate with Irian Jaya rebels JAYAPURA, Irian Jaya (JP): Church officials have assigned a Catholic and Protestant priest to negotiate with a rebel group from Irian Jaya who have currently taken two Belgian filmmakers hostage.

Major changes needed to boost local film industry

Major changes needed to boost local film industry By Tertiani Simanjuntak JAKARTA (JP): Picture this. A man who had left his family for decades decided to come home for the sake of a cup of coffee. His wife could take it, but the daughter chose to express her feelings by spitting her disappointment out into the coffee. And she literally spat.

Inmate marries girlfriend in jail

Inmate marries girlfriend in jail SURABAYA: Jumali bin Sawal, 21, one of the suspects in the Pasuruan riot late last month, married his girlfriend Nikmah binti Suwaji, 18, on Sunday inside an East Java Police detention center. "We received the permit at 10 a.m., the family quickly arranged the marriage," Jumali's lawyer, Firdaus Febrianto, told Antara. Nikmah was not present in the wedding ceremony.

Bukaka gets 75% discount on foreign debt payment: Imron

Bukaka gets 75% discount on foreign debt payment: Imron JAKARTA (JP): Publicly listed engineering and construction design firm PT Bukaka Teknik Utama said that its creditors had agreed to provide a "haircut" or discount of up to 75 percent on its foreign debt payment.

Mob attack mars party meeting

Mob attack mars party meeting CIANJUR, West Java: A group of men thronged a meeting of the local branch of the Indonesian Democratic Party of Struggle (PDI Perjuangan) late on Saturday, forcing a delay to the event. Dozens of people clad in black and red suits suddenly attacked the party's local headquarters and demanded the meeting be halted, forcing provincial branch secretary Rudi Harsa Tanaya to cut short his opening speech. No injuries or fatalities were reported in the attack.

RP quiet on prospect for further hostage releases

RP quiet on prospect for further hostage releases ISABELA, Philippines (AFP): Relatives of beheaded hostages searched for the severed heads on Sunday as the government played down the prospect of Muslim guerrillas releasing more of the 23 remaining captives, who include two Americans.

Positive sentiments to boost JSX

Positive sentiments to boost JSX JAKARTA (JP): The stock market is poised for more gains in this week's trading as investors rush in amid growing confidence that the upcoming People Consultative Assembly special session will bring fresh hope for the resolving of the country's political problems. Investment analyst Erwin S. Widjojo of PT Indovest Securities said confidence was running high that the Assembly's special session could restore political stability to the country.

Indonesia's bad dream that might not end

Indonesia's bad dream that might not end By Peter Milne JAKARTA (JP): Despite two cabinet reshuffles in as many weeks, these have only created a temporary distraction from the main power game being played out between President Abdurrahman Wahid and his supporters, and those intent on bringing him down.

JP/2/A02

JP/2/A02 JAKARTA (JP): The receent death of a woman migrant worker upon her arrival at the Soekarno Hatta International Airport has prompted calls for the government to close the special gate at Terminal III for migrant workers. Labor activists have complained that the special gate for migrant workers at Terminal III failed to provide immediate health service for the workers after their long journey. Worse, the area is rampant with touts and extortionists.

Tangerang may lose Rp20b in tax

Tangerang may lose Rp20b in tax JAKARTA (JP): The mayoralty of Tangerang will lose Rp 20 billion (US$1.8 million) in income from Soekarno-Hatta International Airport following the government's plan to hand over the airport's management to foreign firms. Tangerang Mayor M. Thamrin claimed that if the airport were to be managed by foreign firms, it would be difficult to ask them to pay mayoralty taxes.

Jakarta sweeps volleyball c'ships

Jakarta sweeps volleyball c'ships JAKARTA (JP): Host Jakarta grabbed both the men's and women's titles at the 2001 interchapter national volleyball championships, defeating West Java in the finals on Sunday at the basketball hall of the Bung Karno Sports Complex. The Jakarta men's team won the first set 25-23 but slipped up in the second set, losing 26-24. The home team, supported by nearly 3,000 spectators, bounced back to win the third set 25- 20.

Malaysia tops corporate governance survey

Malaysia tops corporate governance survey SINGAPORE (AFP): Malaysia, Singapore and Hong Kong have the best quality of corporate governance in Asia, a survey of foreign business executives in the region showed. The survey by the Political and Economic Risk Consultancy (PERC) showed Malaysia scoring an upset over perennial leaders Singapore and Hong Kong in the top rankings based on the perception of expatriate business executives in key Asian economies.

Abdurrahman set to meet Australian PM John Howard

Abdurrahman set to meet Australian PM John Howard CANBERRA (JP): President Abdurrahman Wahid will hold talks with Australian Prime Minister John Howard here on Monday morning in a bid to bury any perceived animosity between the two countries. While the official bilateral talks between the two leaders are scheduled to last just one hour, the symbolic handshake and tete- a-tete is hoped to rejuvenate ties battered over the past two years by political disagreements.

Microsoft's Office XP: Is it a compelling upgrade?

Microsoft's Office XP: Is it a compelling upgrade? By Zatni Arbi JAKARTA (JP): You must have heard a lot about it already: Microsoft has just launched the latest version of its Office productivity suite. Instead of giving it the name of Office 2002, the software maker everybody loves and hates at the same time has chosen the two letters XP to distinguish it from the earlier versions, Office 97 and Office 2000.

ANNIVERSARY CARNIVAL:

ANNIVERSARY CARNIVAL: JP/R. Berto Wedhatama CITY ANNIVERSARY CARNIVAL: A float adorned by faces of Kurawa, a character from the Mahabarata epic (photo above), plies Jakarta's main thoroughfare, Jl. MH Thamrin. Thousands of Jakartans flooded the city center on Sunday morning and observed the carnival procession to mark Jakarta's 474th anniversary. Many arrived early at around 8 a.m.

Online payment may replace credit cards

Online payment may replace credit cards JAKARTA (JP): The recent arrests of several Internet thieves in Yogyakarta had at least two effects on us, Indonesians. The first, which was very saddening, was that they put us in deeper disgrace. They expanded the already long list of undesirable attributes that we, Indonesians, have to live with by adding "cybercriminals". The second was that it made us more aware that the Internet is not at all a safe place.

Tear gas halts Persija-Persib soccer match

Tear gas halts Persija-Persib soccer match JAKARTA (JP): The match on Sunday between Persija Jakarta and Persib Bandung was halted two minutes before the final whistle after security personnel fired tear gas into the stands at Bung Karno Stadium in Senayan, Jakarta. Persija was leading the western division match of the Bank Mandiri league 3-0 when security personnel fired tear gas after "The Jakmania" supporters in the eastern wing of the stadium threw firecrackers onto the field.

Endangered rabbit found in park

Endangered rabbit found in park BENGKULU, Bengkulu: After more than five decades, Bukit Barisan National Park has reported a sighting of the endangered Sumatra jungle rabbit (nesolagus netscherii). The park's chief, Susilo Legowo, told Antara the rabbit was spotted by one of the surveillance cameras installed across the park.

Choosing the right president

Choosing the right president From Koran Tempo In response to the statement made by Faction Deputy Chairman of The Indonesian Democratic Party of Struggle Suparlan, who demanded that the People's Consultative Assembly (MPR) apologize for not having elected the right president, I would like to give my own views as follows.

IMA warns on ban on use of STP system

IMA warns on ban on use of STP system JAKARTA (JP): The development of the country's mining sector could suffer a major setback if the government bans the use of the submarine tailing placement (STP) system in mining operations, according to the Indonesian Mining Association (IMA). IMA executive director Paul L. Coutrier said over the weekend that if the ban was imposed it would certainly discourage mining development in resource-rich provinces.

Just ruler and just citizenship

Just ruler and just citizenship By Clare Wolfowitz WASHINGTON, D.C.: Indonesia is in need of clear, positive leadership. On this point everyone agrees. For an outsider who loves Indonesia, the present leadership crisis is both distressing and puzzling. It is puzzling, because Indonesia has a wealth of leadership -- at every level, throughout the country.

East Timorese registration

East Timorese registration I agree with Mr. Suharno of Yogyakarta when he lashes out at Bishop Belo and Ramos Horta for raising doubts about the outcome of the registration of East Timorese (Suara Pembaruan of June 19, 2001). There would be no benefit to Indonesia if it prevented East Timorese from returning to their homeland. I think these two gentlemen are afraid of their own shadows and believe that the East Timorese in Indonesia's territory might attack East Timor.

56 drivers ticketed for illegally raising fares

56 drivers ticketed for illegally raising fares JAKARTA (JP): Fifty-six public transportation drivers have been cited over the past two days for illegally raising their fares, official said on Sunday. The head of the City Land Transportation Agency, Rustam Efendi, said 17 drivers were nabbed on Friday and the remaining 39 were ticketed on Saturday.