Indonesian Political, Business & Finance News

Archive: 30 June 2001

69 articles found

Stock quotations on JSX

<p>Stock quotations on JSX</p><p>Stock prices on the Jakarta Stock Exchange (in rupiah) on June 29, 2001:</p><p> Shares Close Change Trading</p><p> Volume --------------------------------------------------------------- Ades Alfindo 1,500 25 68,000 Adindo...

British mission to arrive

<p>British mission to arrive</p><p> JAKARTA (JP): A British trade delegation from the London Chamber of Commerce and Industry will begin a week-long visit to Indonesia on Monday as part of efforts to boost trade ties between the two countries, the British Embassy said on Friday.

Java-Institute photos a reminder of the past

<p>Java-Institute photos a reminder of the past</p><p>By Nuraini Razak</p><p> JAKARTA (JP): Jaap Erkelens holds to the saying that whoever forgets his own history will be destined to repeat it, with all the sorrow or happiness that it might entail.

At 89, 'Mbah' Delik still a cave conqueror

<p>At 89, 'Mbah' Delik still a cave conqueror</p><p>By Tarko Sudiarno</p><p> YOGYAKARTA (JP): If you want to go caving in these parts, nature lovers and students will tell you there is one man who is essential to have on your side.

Manila, KL to intensify cooperation to counter Abu Sayyaf rebel threat

<p>Manila, KL to intensify cooperation to counter Abu Sayyaf rebel threat</p><p> MANILA, Philippines (AP) - Malaysia and the Philippines will intensify defense cooperation to thwart threats posed by Abu Sayyaf guerrillas and outlaws, the defense chiefs of both countries said on...

Hypnotized at the restaurant

<p>Hypnotized at the restaurant</p><p>From Kompas</p><p>It was one afternoon when I had lunch in a fast-food restaurant in Mal Ciputra, West Jakarta, that a man of Chinese descent, aged between 30 and 40, rather stocky with hair like porcupine spines, approached me and...

Stakes raised in S'pore's battle of the banks

<p>Stakes raised in S'pore's battle of the banks</p><p> SINGAPORE (AFP): The stakes in Singapore's battle of the banks rose sharply Friday when United Overseas Bank (UOB) bid US$5.5 billion for Overseas Union Bank (OUB), topping an offer by a bigger rival.

Hitachi to cut S'pore jobs

<p>Hitachi to cut S'pore jobs</p><p> TOKYO (Reuters): Japan's biggest electronics maker, Hitachi Ltd, said on Friday it would cut 550 jobs at a Singapore unit and move the business to either China or Indonesia in a revamp of its Asian color television operations.

SE Asia must boost free trade area: WTO chief designate

<p>SE Asia must boost free trade area: WTO chief designate</p><p> KUALA LUMPUR (AFP): Southeast Asia must strengthen its free trade zone and seek new members to meet even stronger competition from China after it joins the World Trade Organization, the WTO's next chief said on...

Leuser Park: A battle unbegun

<p>Leuser Park: A battle unbegun</p><p>By Donna K. Woodward</p><p> MEDAN, North Sumatra (JP): The report on illegal logging in this newspaper of June 18 on Aceh's Gunung Leuser National Park titled "An unending battle against illegal logging," was right...

House accepts special autonomy bill on Papua

<p>House accepts special autonomy bill on Papua</p><p> JAKARTA (JP): The House of Representatives' consultative body agreed on Thursday to put forward a controversial special autonomy bill for Irian Jaya proposed by Papuan legislators, but at the same time acknowledged that...

Where to go in Yogyakarta:

<p>Where to go in Yogyakarta:</p><p>Exhibitions</p><p>* Painting, GelArt: Laporan dari Jogja, Gelaran Budaya, Jl. Menukan 273, Karangkajen, until July 6. * Painting, Realitas Keseimbangan/l'equilibre de la realite, by Made Mahendra Mangku, LIP/CCF French Cultural...

ASEAN, EU launch energy program

<p>ASEAN, EU launch energy program</p><p> JAKARTA (JP): The Association of Southeast Asian Nations (ASEAN) and the European Union (EU) have launched a five-year program to stimulate and support energy projects in both regions, the two international bodies announced in a joint...

Gus Dur rectifies his statements

<p>Gus Dur rectifies his statements</p><p> JAKARTA (JP): Returning President Abdurrahman Wahid sought to rectify reports of the impending decree on a state of emergency and a change of military chiefs of staff, which gave the nation a case of the jitters while he was abroad.

Cave clubs push thrill of the unknown

<p>Cave clubs push thrill of the unknown</p><p>By R. Kristiawan</p><p> YOGYAKARTA (JP): Outdoor activities are popular among students in Yogyakarta, and almost all the universities in the city have nature lovers' clubs.

Garbageman mobbed over rape

<p>Garbageman mobbed over rape</p><p> JAKARTA (JP): Angry residents of Kebon Manggis in East Jakarta mobbed a garbageman, after hearing reports that he had allegedly raped a 19-year-old housemaid.</p><p>Matraman Police Chief Comr. Unggul said that Mrs.

Giant, colorful kites enliven Ancol sky

<p>Giant, colorful kites enliven Ancol sky</p><p>By Hera Diani</p><p> JAKARTA (JP): Feeling worn down? Stressed out from work? Go fly a kite.</p><p>That was the advice of the contestants at the Jakarta International Kite Festival, who swear by the soothing...

Gus Dur asked to open police anniversary event

<p>Gus Dur asked to open police anniversary event</p><p> JAKARTA (JP): Despite the apparent rift between them, National Police chief Gen. Surojo Bimantoro said on Friday he would ask President Abdurrahman Wahid to oversee the commencement of the police's 55th anniversary...

Optimism grows ahead of Geneva Aceh talks

<p>Optimism grows ahead of Geneva Aceh talks</p><p> BANDA ACEH, Aceh (JP): Optimism looms ahead of the upcoming two-day peace talks between the Indonesian government and the Free Aceh Movement (GAM) scheduled to take place in Geneva from Monday.

BI signals higher local rates despite Fed rate cut

<p>BI signals higher local rates despite Fed rate cut</p><p> JAKARTA (JP): Bank Indonesia said on Friday that lowering local rates to adjust them in line with the United States' Federal Reserve Bank (Fed)'s interest rate cut was untimely, and warned that domestic rates...

Police shoot two robbers dead

<p>Police shoot two robbers dead</p><p> JAKARTA (JP): Police shot dead on Thursday night two members of a gang who had allegedly robbed several passengers on a Metromini bus plying the Tanjung Priok-Pulogadung route.

S'pore steps up coastal patrols

<p>S'pore steps up coastal patrols</p><p> SINGAPORE (AP): Singapore authorities are stepping up coastal patrols in the country's northern waters to guard against illegal immigration and other problems such as piracy, police said on Friday.

Prompt response

<p>Prompt response</p><p> I appreciate greatly the prompt and proper response that the management of RS AW has shown to the complaint that I raised through this column on June 22, 2001 (The Jakarta Post: Narrow- minded nurse).

PBB, PPP to designate vice presidential nominees

<p>PBB, PPP to designate vice presidential nominees</p><p> JAKARTA (JP): While the fate of embattled President Abdurrahman Wahid is still far from sealed, the United Development Party (PPP) and the Crescent Star Party (PBB) are already preparing to forward vice presidential...

Villagers attack immigration center in Gunung Putri

<p>Villagers attack immigration center in Gunung Putri</p><p> BOGOR (JP): Locals attacked an immigration center housing 150 illegal immigrants from Iraq, Iran, Pakistan and Afghanistan on Thursday night, following the alleged assault of three locals by six foreigners.

Message from the President

<p>Message from the President</p><p> To all our kababayans abroad, I convey my warmest felicitations on the occasion of the 103rd Anniversary of Philippine Independence.</p><p>This year's Philippine Independence Day should be extra meaningful in light of another...

Asian currencies mostly higher late on yen, stock market gains

<p>Asian currencies mostly higher late on yen, stock market gains</p><p> SINGAPORE (Dow Jones): Most Asian currencies were higher - albeit well within recent ranges - as they found solace from the Japanese yen's bounce and Wall Street-inspired gains on most of the regional...

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

<p>Microsoft's Office XP: Is it a compelling upgrade?</p><p>By Zatni Arbi</p><p> JAKARTA (JP): You must have heard a lot about it already: Microsoft has just launched the latest version of its Office productivity suite.

Aiming for Market Leadership in Information Technology Services

<p>Aiming for Market Leadership in Information Technology Services</p><p> The information technology (IT) industry in the Philippines has been going through remarkable progress and growth in recent years.

Free tickets for best students

<p>Free tickets for best students</p><p> JAKARTA (JP): Any student in the top three in his or her class will be entitled to a free ticket to enter Seaworld Indonesia, with the offer running for one month starting Sunday.

Govt approves $1.2b FDI in five months of 2001

<p>Govt approves $1.2b FDI in five months of 2001</p><p> JAKARTA (JP): The government approved some US$1.2 billion in foreign direct investment (FDI) in the first five months of this year, compared to $1.

PetroChina plans massive A share issue

<p>PetroChina plans massive A share issue </p><p> BEIJING (Reuters): Chinese oil giant PetroChina Co Ltd said on Friday it is planning the biggest ever domestic A-share offer to raise funds for a massive natural gas pipeline project.

Alternative theaters to present Wong Kar-Wai films

<p>Alternative theaters to present Wong Kar-Wai films </p><p> JAKARTA (JP): Jakarta might not be Cannes, but this doesn't necessarily mean that its residents cannot enjoy quality, award- winning movies, thanks to the establishment of alternative theaters that regularly screen...

Milosevic now. Who's next?

<p>Milosevic now. Who's next?</p><p> Indonesia should take heed of the way Belgrade succumbed to international pressure and delivered former Serbian strongman Slobodan Milosevic to the United Nations to face war crime charges.

Vietnamese rescue Indonesian sailors

<p>Vietnamese rescue Indonesian sailors</p><p> HANOI (AP): Vietnamese fishermen have rescued 21 Indonesian sailors who clung to their life preservers for 36 hours after high waves sank their ship, an official said on Friday.

Japan agrees to reschedule RI's $2.8b sovereign debt

<p>Japan agrees to reschedule RI's $2.8b sovereign debt</p><p> JAKARTA (JP): The Japanese government finally signed a formal agreement with the government of Indonesia on Friday to reschedule the latter's US$2.8 billion sovereign debt maturing between 2000 and 2002.

Minister Mahfud says Golkar party dissolution unfair

<p>Minister Mahfud says Golkar party dissolution unfair</p><p> JAKARTA (JP): Minister of Defense Mahfud MD said on Friday demands for the dissolution of the former ruling party Golkar were unfair because Golkar was not the only party that violated election laws in 1999.

Sewu mountain, a paradise for cave explorers

<p>Sewu mountain, a paradise for cave explorers</p><p>By Israr Ardiansyah and R. Kristiawan</p><p> YOGYAKARTA (JP): Burning, vivid colors of a beautiful sunset and trepidation are what Yahyawan Triyana remembers of his first experience exploring Cerme Cave 13 years ago.

Road repairs

<p>Road repairs</p><p>From Warta Kota</p><p>It has always been the case in Jakarta and surrounding areas that when government officials appear, all roads they pass will be in good condition and none will be in disrepair.

Violence

<p>Violence Violence must be comprehensively curbed: Minister. Page 2 </p><p>Attack Villagers attack immigration center in Gunung Putri. Page 3</p><p>Laundering A start to stopping money laundering? Page 5</p><p>Tennis Ivanisevic ends Roddick dream,...

E. Kalimantan to build futsal stadium

<p>E. Kalimantan to build futsal stadium</p><p> JAKARTA (JP): An international futsal stadium worth Rp 7 billion (US$610,000) was set to be built in Tarakan, East Kalimantan, a source said.

Great promotions launched despite uncertainties

<p>Great promotions launched despite uncertainties</p><p> 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.

Students attacked over gambling row

<p>Students attacked over gambling row</p><p> PALEMBANG, South Sumatra: At least 40 people, armed with guns and sharp weapons raided the local office of the Indonesian Muslim Students' Association (HMI) on Jl. Radial on Friday and attacked students inside the building.

People in Jakarta remain unaware of unleaded fuel

<p>People in Jakarta remain unaware of unleaded fuel</p><p> JAKARTA (JP): The initiative to remove leaded fuel from the capital is only one day away, but many residents of this city remain oblivious to the program.

Pregnant Malleswari to miss Goodwill Games

<p>Pregnant Malleswari to miss Goodwill Games</p><p> NEW DELHI (AFP): Olympic bronze medalist Karnam Malleswari will miss a chance to become the first Indian to take part in the Goodwill Games because of the impending birth of a child, it was revealed on Friday.

Synchronized swimmers eye 2 silvers at SEAG

<p>Synchronized swimmers eye 2 silvers at SEAG</p><p> JAKARTA (JP): Mindful of its athletes' lack of experience, the Indonesian Swimming Federation (PRSI) is targeting two silver medals in synchronized swimming at the Kuala Lumpur 2001 Southeast Asian (SEA) Games.

The power of personality

<p>The power of personality</p><p> JAKARTA (JP): Everybody wants success, but few know how to beat a path to it.</p><p>One of the keys to unlock the door of success is the power of one's personality.

Quake damages Majalengka homes

<p>Quake damages Majalengka homes</p><p> BANDUNG (JP): An earthquake measuring 5.9 on the Richter scale rocked the West Java town of Majalengka, leaving more than 2,400 houses damaged and at least three people injured, officials said on Friday.

Violence must be comprehensively curbed: Minister

<p>Violence must be comprehensively curbed: Minister</p><p> JAKARTA (JP): Coordinating Minister for Political, Social and Security Affairs Agum Gumelar called on provincial authorities to comprehensively curb violence within their jurisdictions and to prevent it from spreading to...

Where to go in Jakarta:

<p>Where to go in Jakarta:</p><p>Exhibitions</p><p> * Calligraphy and Illuminations: Spiritual Culture, the National Archives Building, Jl. Gajah Mada 111, Central Jakarta, 9 a.m. to 4:30 p.m., until July 3.

BCA divestment plan on schedule: IBRA

<p>BCA divestment plan on schedule: IBRA</p><p> JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) dismissed speculation of a delay in the divestment of its ownership in the giant, publicly listed PT Bank Central Asia (BCA), saying the divestment process was proceeding...

Malaysian girl held captive for seven years

<p>Malaysian girl held captive for seven years</p><p> DENPASAR, Bali (JP): Police here have detained 35-year-old man who is alleged to have kidnapped a Malaysian girl seven years ago, held her captive and then molested her.

INACA slams antimonopoly watchdog's move

<p>INACA slams antimonopoly watchdog's move</p><p> JAKARTA (JP): The Indonesian National Air Carriers Association (INACA) criticized the country's antimonopoly watchdog's moves to revoke INACA's right to set fares for domestic airline tickets.

Philippines-Indonesia Relations, a continuing partnership

<p>Philippines-Indonesia Relations, a continuing partnership</p><p> Philippine-Indonesian relations are characterized by a genuine sense of brotherhood borne out of centuries of close and vibrant interaction as neighbors.

Holcim acquires $340m in Semen Cibinong debt

<p>Holcim acquires $340m in Semen Cibinong debt</p><p> JAKARTA (JP): Swiss cement group Holcim Ltd. has purchased US$340 million in debt of publicly listed cement producer PT Semen Cibinong as part of the company's $1.

RI coffee exports record 7.5% growth

<p>RI coffee exports record 7.5% growth</p><p> SINGAPORE (Dow Jones): Indonesia's coffee exports rose 7.5% on-year to an estimated 162,301 metric tons in the eight months to end-May, according to data Friday from the Association of Indonesian Coffee Exporters, or AEKI.

Governors meeting in Yogyakarta

<p>Governors meeting in Yogyakarta</p><p> YOGYAKARTA: A one-day meeting of top officials from the provincial administrations of Java, Bali and Lampung took place at the Melia Purosani Hotel here on Friday.

Rupiah rate June 29

<p>Rupiah rate June 29</p><p> Bank notes rates TT rates</p><p> Buying Selling Buying Selling</p><p> Rp Rp Rp Rp</p><p> U.S. dollar 1 10,940.00 11,940.00 11,383.00 11,497.00</p><p>Australian dollar 1 5,537.83 6,050.00 5,762.07 5,825.

Indonesians find escape in booming soap opera industry

<p>Indonesians find escape in booming soap opera industry</p><p>By Chris Brummitt</p><p> JAKARTA (AP): I had been murdered, but nobody thought to tell me.</p><p>I only found out when I tuned into Episode 2 of The Curtain of Love and saw the actress playing...

Milosevic's handover a precedent for RI

<p>Milosevic's handover a precedent for RI</p><p>By Tertiani ZB Simanjuntak</p><p> JAKARTA (JP): Observers warned that the extradition of former Yugoslav president Slobodan Milosevic could set a precedent for the prosecution of Indonesians accused of human rights...

A start to stopping money laundering?

<p>A start to stopping money laundering?</p><p> Can the new regulation requiring banks to report any suspicious transactions help curb money laundering? Bank Indonesia senior deputy governor Anwar Nasution shares his views.

Sutiyoso to announce bus fare hike Sunday

<p>Sutiyoso to announce bus fare hike Sunday</p><p> JAKARTA (JP): The City Council is scheduled to make a final decision on Saturday relating to the city administration's proposal to increase bus fares by between 30 percent and 60 percent, with the council expected to lower...

Security guards nabbed for stealing

<p>Security guards nabbed for stealing</p><p> PURWOKERTO, Central Java: Four security guards of Matahari supermarket on Jl. Jend. Sudirman were arrested by local police for stealing supermarket goods.

Yogyakarta

<p>Yogyakarta</p><p>Antique Moesson: Original Chinese compartment for worship, the only pair in the world. This unique pair of Chinese ancient compartments is priceless. Moesson Antik, Jl. Parangtritis, on the corner of South Yogyakarta ring road.

Govt names two new officials

<p>Govt names two new officials</p><p> JAKARTA (JP): Despite its pledge to improve efficiency, the government has expanded its bureaucratic network by naming two new officials who fall directly under the President.

RP sets vote for expansion of Muslim self-rule

<p>RP sets vote for expansion of Muslim self-rule</p><p> MANILA (Agencies): Millions of residents in the southern Mindanao region of the Philippines will vote on Aug. 15 on whether to join areas under Muslim self-rule, President Gloria Arroyo said on Friday.

Every computer needs a peripheral

<p>Every computer needs a peripheral</p><p>By Zatni Arbi</p><p> 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.

Cheated by a 'doctor'

<p>Cheated by a 'doctor'</p><p>From Sinar Pagi</p><p>Some time ago a relative of mine received a call from a man claiming to be a doctor at a private hospital. He said a relative of mine had met with an accident and was in critical condition at the hospital.

Archaeologists discover prehistoric rock paintings

<p>Archaeologists discover prehistoric rock paintings</p><p> SINGAPORE (AFP): A team of archaeologists said on Friday they had uncovered 11 new caves with more than 500 prehistoric handprints, paintings and other rock art in Kalimantan.