Indonesian Political, Business & Finance News

Archive: 7 June 2001

Showing 51-67 of 67 articles

Sukarno's children vie for father's heritage

Sukarno's children vie for father's heritage JAKARTA (JP): Amid the media hype and public adulation marking the 100th anniversary of Sukarno's birth on Wednesday, the occasion has in many respects been clouded over by arguments and recriminations over who are the true inheritors of the former president's legacy.

KL police detain eight Filipinos

KL police detain eight Filipinos KUALA LUMPUR (DPA): Malaysian marine police arrested on Wednesday eight Filipinos, who were armed with a shotgun and knives, in three boats which illegally entered waters off Sabah state. Sabah marine police chief Mohamed Yusof Wok said the eight were between the ages of 10 and 36, and were from islands off Palawan island in the southern Philippines.

Office assistant murdered

Office assistant murdered MAKASSAR, South Sulawesi: Amir, alias Lili, 22, who worked as an office assistant for the Independent Journalists Alliance (AJI), was stabbed to death on Wednesday by an unidentified man in the AJI office on Jl. Serigala. Herman Hafsyah, an eyewitness, said he was in shock after witnessing the murder of Amir, who was hired by AJI six months ago. "A man entered the office and stabbed Amir.

Arun gas restart in June: Minister

Arun gas restart in June: Minister VIENNA (Reuters): Indonesia hopes to reopen gas fields in the rebellious Aceh province "sometime" in June and resume valuable exports of liquefied natural gas (LNG), Energy Minister Purnomo Yusgiantoro said on Tuesday. Yusgiantoro said security was still the main issue for the fields' closure but about 24 soldiers were guarding installations at the fields and the key PT Arun NGL gas plant on the island of Sumatra.

ADB considers issuing bonds

ADB considers issuing bonds MANILA (AP): The Asian Development Bank said Wednesday its board has approved raising US$3.4 billion in the international capital market for financing requirements this year - and part might be raised in Asia's emerging markets. ADB Assistant Treasurer Peter Balon said the bank's borrowing requirement will probably rise sharply to between $7.5 billion and $8 billion next year.

Ji Xinpeng, Candra and Sigit out

Ji Xinpeng, Candra and Sigit out JAKARTA (Agencies): Olympic champion Ji Xinpeng of China was sent crashing out of the World Badminton Championships in Seville, Spain, on Wednesday losing in a stunning upset to unknown Hong Kong player Agus Hariyanto. Ji, seeded 11 for the tournament, was beaten 12-15, 15-11, 15- 4 by Indonesian-born Agus in an early second-round singles match that also saw wins for India's Pullela Gopichand and Denmark's Peter Gade Christensen.

14,500 'Kancil' to start plying city streets

14,500 'Kancil' to start plying city streets JAKARTA (JP): Some 14,500 kancil, the locally made four- wheeled motorized vehicle, are expected to ply the city's streets in the next three months, replacing the notoriously noisy and polluting bajaj (three-wheeled motorized vehicle), an official said on Wednesday.

RI forex reserves decline

RI forex reserves decline JAKARTA (JP): Indonesia's gross foreign exchange reserves fell to US$28.59 billion in the week ended on May 23 from $28.62 million the previous week, Bank Indonesia said in its weekly report. Bank Indonesia said base money, which includes the currency in circulation and commercial bank funds held by the central bank, saw an increase of Rp 4.26 trillion to Rp 107.74 trillion from Rp 103.48 trillion the previous week.

Refugee registration runs smoothly

Refugee registration runs smoothly KUPANG, East Nusa Tenggara (JP): The registration of East Timorese refugees in West Timor ran smoothly on Wednesday with a tentative result of 9,226 out of 9,533 voters choosing to stay in Indonesia and only 277 choosing to leave. Latest records, made available at the organizing committee's media center at 11 p.m.

Ami Priyono passes away after stroke

Ami Priyono passes away after stroke Prominent movie director Ami Priyono, 61, took his last breath on Wednesday morning after suffering a stroke at his home on Jl. Sindanglaya in Cinere, Sawangan, south of Jakarta. He is survived by his wife, feminist figure Julia Suryakusuma and son, Aditya Pryawardhana. Ami most recently received treatment at the Puri Cinere hospital for a number of ailments, including hypertension, diabetes and lung problems.

Police hunt Bogor drug dealers

Police hunt Bogor drug dealers BOGOR (JP): Bogor Police are searching for drug dealers operating in a number of local university campuses, following reports of an increase in drug abuse among students. Bogor Police chief Adj. Sr. Comr. Sabar Rahardjo told Antara on Wednesday that he had sent plainclothes officers to a number of campuses to track down the drug dealers. He said his men had recently arrested three drug users, together with a packet of dried marijuana and heroin.

Moore sees China entry edging closer

Moore sees China entry edging closer SHANGHAI (Reuters): World Trade Organization chief Michael Moore said on Wednesday talks to seal China's entry to the global trade body were gathering pace ahead of a formal meeting in Geneva set for the end of this month. Moore also said he would urge Asia-Pacific trade ministers meeting in Shanghai on Wednesday and Thursday to push for China's 14-year accession bid. "I'm hopeful that ministers...

House demands higher fuel price increase

House demands higher fuel price increase JAKARTA (JP): The House of Representatives state budget task force surprisingly demanded on Wednesday a much higher fuel price increase than that proposed by the government. Head of the budget task force Benny Pasaribu said that the fuel subsidy for 2001 should be maintained at Rp 41.3 trillion, compared to the government's proposal of more than Rp 60 trillion.

Cooperation needed to fight piracy

Cooperation needed to fight piracy KUALA LUMPUR (AP): Piracy in Asia has risen sharply since the region's financial crisis and continues virtually unchecked, as governments and international bodies talk about tackling the problem but struggle to translate words into action, analysts said on Wednesday. "In maritime crime, piracy and armed robbery have given Asia a bad name," Malaysia's First Adm. Noor Azman Othman said at a conference on conflict reduction in the Asia-Pacific.

A tribute to Sukarno from the people of Algeria

A tribute to Sukarno from the people of Algeria By Abdelaziz Bouteflika ALGIERS (JP): There are men who, due to their unique qualities, flawless commitment and a rarely denied prospective vision, emerge from the community to mark their era and their contemporaries' wits. Therefore, their destiny transcends their own selves and embraces that of the people from whom they originated, to become their spokesmen, their course having acquired the value of an example.

Balinese artist Erawan mouths off about politicians

Balinese artist Erawan mouths off about politicians Text and photos by I Wayan Juniartha DENPASAR, Bali (JP): Erawan did it again. The versatile artist gave new meaning to the act of tooth brushing in his most recent performance. Appropriately titled Sikat Gigi, Ritus Seni Pembersih Mulut (Tooth Brush, A Mouth Cleansing Art Ritual) the performance was his expression of dissatisfaction of the current state of this country.

30% cigarette price rise unacceptable

30% cigarette price rise unacceptable In reference to a The Jakarta Post article published on June 6, 2001 titled Philip Morris eyes 20% increase in sales, which said: "When asked to comment on the government's plan to raise the retail price of cigarettes by an average 30 percent in July, Geroad said the company welcomed the move because it would enable it to maintain its profits despite the weakening rupiah." Philip Morris Indonesia never said it welcomed the government's plan for a 30 percent...