Indonesian Political, Business & Finance News

Archive: 9 June 2001

69 articles found

Concert for the environment

Concert for the environment DENPASAR, Bali (JP): A free music concert featuring Indonesian artist Nugie will be held on June 16 in Kuta as part of a nation- wide campaign to raise people's awareness of the current poor condition of the island's coral reefs, a local environment activist said here on...

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.

S'pore, Australia agree on free-trade pact

S'pore, Australia agree on free-trade pact SINGAPORE (AP): At the end of a third round of trade talks, Singapore and Australia said Friday they have agreed on a framework for a free-trade pact."Significant progress was made on a wide range of issues," a two-paragraph joint statement from Australian...

Abu Sayyaf outwits RP military?

Abu Sayyaf outwits RP military? MANILA: A week after the Abu Sayyaf kidnapped 20 people from the Dos Palmas Resort in Palawan, government forces had the bandits where they wanted them to be. In what looked like a fatal miscalculation, the kidnappers swooped down Saturday on St.

Oil firmer, eyes recovery on Iraq, refinery woes

Oil firmer, eyes recovery on Iraq, refinery woes SINGAPORE (Reuters): Oil prices edged up a little in Asia on Friday, finally stemming a two-day beating from swelling U.S. oil stocks.The more upbeat tone came on the back of a persistent Iraqi oil export outage and U.S. refinery woes.

National runners join 10-K run

National runners join 10-K run SEMARANG (JP): Some national runners will join the Rinnai 10-K run here on Sunday which is offering a Rp 3 million prize for first place in both the men's and the women's categories.The organizers will also provide cash bonuses for runners who break national records.

Rupiah rate June 8

Rupiah rate June 8 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 10,690.00 11,690.00 11,134.00 11,246.00Australian dollar 1 5,563.08 6,089.32 5,794.13 5,858.04Austrian schilling 1 658.48 720.50 685.83 693.13Belgian franc 1 224.61 245.77 233.94 236.

Robbery in Bogor

Robbery in Bogor BOGOR (JP): Several unidentified men broke into a house in Cibinong district, Bogor regency, early on Friday and made way with Rp 2 million in cash, a motorcycle and several electronic goods.

Pertamina threatens to take over Arun operation

Pertamina threatens to take over Arun operation JAKARTA (JP): State oil and gas company Pertamina warned on Friday that it would take over the operations of the Arun gas fields in Aceh owned by American energy firm ExxonMobil Oil Indonesia Inc, unless the company resumed its operations in one week.

Two elderly men hang themselves

Two elderly men hang themselves YOGYAKARTA: Two elderly men -- Karso Suwito, 75, and Tirtorejo, 105 -- committed suicide in two separate incidents in Gunung Kidul regency on Thursday night.Gunung Kidul Police chief of detectives Adj. Comr. S.

Djaduk's Kua Etnika mixes music and fun

Djaduk's Kua Etnika mixes music and funText and photo by Kartika Bagus C. SURAKARTA, Central Java (JP): Imagine the sight of a bunch of adults playing around with whistles, toy pistols and small trumpets.

Murder of reporter condemned

Murder of reporter condemned PALU, Central Sulawesi (JP): Four journalists organizations: Alliance of Independent Journalists (AJI), Indonesian Journalists Association of Reform (PWI Reformasi), Committee of Indonesian Journalists of Reform (KWRI) and Indonesian Journalists Association (PWI)...

Malaysia palm oil ends down, tests resistance

Malaysia palm oil ends down, tests resistance KUALA LUMPUR (Reuters): Malaysian palm oil futures briefly broke the 800 ringgit resistance level on higher Chicago soyoil prices, but were forced to return to negative territory by Friday's close on bearish crop data.

SE Asian PMs call for closer ties

SE Asian PMs call for closer ties TOKYO (AFP): Leaders of three Southeast Asian nations Friday called for closer regional ties and greater global interaction as the key to boosting future domestic growth and development.

S'poreans shun Indonesia

S'poreans shun Indonesia SINGAPORE (DPA): Holidaymakers from safety-conscious Singapore are heading for Thailand's beach resorts and shunning Indonesia, the Philippines and Nepal, travel agents said on Friday.

Walhi calls for logging moratorium

Walhi calls for logging moratorium JAKARTA (JP): The Indonesian Forum for Environment (Walhi) called on the government to impose a suspension of all industrial logging as part of its commitment to changes policies in the forestry sector and save the country's diminishing forests.

Judge voids poll win

Judge voids poll win KUALA LUMPUR (AP): A judge voided the election of a government candidate in a Malaysian state parliament on Friday, ruling that he won with the support of "phantom voters".The landmark ruling validates years of complaints by opposition leaders, who say that thousands of illegal...

Indonesia to withdraw rupiah from East Timor

Indonesia to withdraw rupiah from East Timor JAKARTA (JP): Bank Indonesia plans to repatriate rupiah circulating in East Timor, under a joint operation with the UN administration in the newly independent state, which recently decided to use the U.S. dollar as its official currency.

Shooting body to hire Chinese coach

Shooting body to hire Chinese coach JAKARTA (JP): The Indonesian Target Shooting and Hunting Association (Perbakin) will hire a Chinese coach for the Kuala Lumpur Southeast Asian (SEA) Games training program.

Tanjung Priok Port as busy as ever

Tanjung Priok Port as busy as ever JAKARTA (JP): Despite the economic crisis and political instability, it is business as usual at the Tanjung Priok Port, an official said on Thursday.Spokesman for the state port operator PT Pelindo II Sudjarwo said in the first semester this year, 594 cargo ships...

Sudden reshuffle

Sudden reshuffle President Abdurrahman Wahid has been harshly criticized for suddenly reshuffling his Cabinet. Was this move for the better or worse? In the replacement of Susilo Bambang Yudhoyono and the suspension of National Police chief Gen.

Philippines Embassy clarifies

Philippines Embassy clarifies This has reference to the article, "Maid tries to kill her newborn baby", which appeared in your newspaper's June 6, 2001 issue. In addition to the information given by the Philippine Embassy that we had never employed a housemaid named Ms.

Semarang to have trade center

Semarang to have trade center SEMARANG (JP): A major trade exhibition center will be built in the Diponegoro sports stadium here to provide local companies with an opportunity to display their products.

Minister to open Students Games

Minister to open Students Games PALEMBANG, South Sumatra (JP): Minister of National Education Yahya Muhaimin is scheduled to officially open the fourth Students Sports Games here from July 7 to July 14.

TAG Heuer appoints Rivat as ambassador

TAG Heuer appoints Rivat as ambassador JAKARTA (JP): Switzerland-based watch manufacturer TAG Heuer appointed on Friday Indonesian rally driver Rivat Sungkar as its first local ambassador to promote its values of mental strength and sportsmanship.

Timor refugees

Timor refugees More East Timor refugees prefer to stay in Indonesia. Page 2 Salaries Too many employees getting salaries for nothing: Sutiyoso Page 3 Badminton RI ensures men's singles final ticket in World C'ships. Page 6 Boxing Jacqui Frazier happy at weigh-in for big fight with Laila Ali.

Indonesia ensures men's singles final ticket in World C'ships

Indonesia ensures men's singles final ticket in World C'ships JAKARTA (JP): Indonesia secured a berth in the men's singles final of the World Championship in Seville, Spain, on Sunday as world number three Taufik Hidayat will challenge compatriot Hendrawan, 14th seeded here, in Saturday's...

Landslides kill four people in Bogor regency

Landslides kill four people in Bogor regency BOGOR (JP): Landslides caused by four hours of heavy rain left a woman, her daughter and two nephews dead late on Thursday night in Cijeruk district, Bogor regency.

ATM card left in the machine

ATM card left in the machineFrom Pos KotaOn May 21, 2001, at about noon, I withdrew Rp 800,000 at the BCA ATM in Tania Dispensary, Pondok Kopi. Out of my own negligence, my ATM card was left in the machine.After I realized this, I telephoned Tania Dispensary, inquiring about my ATM card.

Awair reopens flight to Bali

Awair reopens flight to Bali JAKARTA (JP): Privately owned local airline PT Awair Internasional will recommence flights to Denpasar, Bali, from Jakarta on June 15, after suspending the service in February due to a decrease in the number of passengers, an executive said.

Jakarta Fair to focus more on entertainment

Jakarta Fair to focus more on entertainment JAKARTA (JP): The one-month Jakarta Fair, scheduled to start on June 15, will be focused more toward entertainment than business in order to attract more visitors.

Info campaign on unleaded fuel recommended

Info campaign on unleaded fuel recommended JAKARTA (JP): Phasing out leaded fuel in the capital, starting on July 1, is not enough to ensure clean air due to the lack of prior publicity and supporting regulations, non governmental organizations noted on Friday.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Art in Italian and Indonesian Ceramics in the framework of the Indonesian-Italian Workshop on Advanced and Conventional Ceramics, Italian Cultural Institute, Jl. HOS Cokroaminoto 117, Central Jakarta (Phone: 3927531), Monday to Friday, 9 a.m. to 3 p.m.

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...

Gus Dur brushes off special session by the Assembly

Gus Dur brushes off special session by the Assembly JAKARTA (JP): President Abdurrahman Wahid persisted on Friday with his belligerent stance against the upcoming special session of the People's Consultative Assembly claiming that he was duty bound to defend his presidency.

Drunken master style

Drunken master styleFrom TempoMany people are so disinterested in watching and listening to the match between our government officials -- both in the legislative and in the executive -- that they cannot get angry anymore because they are already so fed up.

The IMF bashing

The IMF bashing As the new reform agreement with the International Monetary Fund (IMF) now enters its seventh month of delay, without any clear signs as to when negotiations will resume, Indonesia's chief economic minister Rizal Ramli appears to be increasingly frustrated with the multilateral...

Govt lifts ban on Dutch meat

Govt lifts ban on Dutch meat JAKARTA (Dow Jones): The Indonesian government has lifted the import ban imposed against Dutch meat, dairy products and feedgrains as the Netherlands is now considered a foot-and-mouth disease free area, a senior government official said Friday.

Asian currencies mixed late; baht's stability may not last

Asian currencies mixed late; baht's stability may not last SINGAPORE (Dow Jones): Asian currencies were mixed late Friday in dull trade, finding little direction from the Japanese yen's rangebound movements, dealers said.

House finally agrees to raise fuel prices

House finally agrees to raise fuel prices JAKARTA (JP): After a four-day debate plus intensive closed- door lobbying, the House of Representatives state budget task force finally agreed late on Friday to raise fuel prices by an average of 30 percent, as proposed by the government.

Message from Teofisto T.Guingona,JR.

Message from Teofisto T.Guingona,JR. Vice President and Secretary of Foreign Affairs The Republic of Philippines It is with great pride and joy that Filipinos all over the world celebrate the 103rd Anniversary of Philippine Independence.

Regional representatives threaten to walk out

Regional representatives threaten to walk out JAKARTA (JP): The regional representatives threatened on Friday to walk out of the upcoming special session of the People's Consultative Assembly (MPR) if their bid for reinstatement was rejected.

Provinces have no say

Provinces have no say MAKASSAR, South Sulawesi: The South Sulawesi province, like other provinces in the country, has no bargaining power to press the central government to cancel its plan to raise fuel prices and electricity rates, a legislature said here on Friday.

Petrosea reports 114% jump in net profit

Petrosea reports 114% jump in net profit JAKARTA (JP): Publicly listed engineering construction and contract mining services firm PT Petrosea, said here on Friday that its net profit rose 114 percent to Rp 19.8 billion (US$1.75 million) during the period January to March, from Rp 8.

Eight other people dead in gunfights in Aceh

Eight other people dead in gunfights in Aceh BANDA ACEH, Aceh (JP): The home of Aceh deputy police chief Snr. Comr. Ramli Darwis was bombed here late Friday night causing the death of a policeman.Deputy spokesman for Aceh Police Comr.

Perhutani to invest in non-forestry areas

Perhutani to invest in non-forestry areas JAKARTA (JP): State-owned forestry firm Perum Perhutani will spend a total of Rp 26 billion (about US$2.35 million) in fresh investment this year in agribusiness activities.Perhutani director Marsanto, M.S.

Weekend lineup

Weekend lineup JAKARTA (JP): Following are sports competitions that will be broadcast live this weekend on local TV stations (all times are in Jakarta Time):Saturday Boxing: Laila Ali vs Jacqui Frazier-Lyde, SCTV, 9 a.m.Sunday Soccer: Bank Mandiri league: Jakarta FC vs PSPS, RCTI, 4 p.m.

The twelfth province

The twelfth province I am writing this letter, bearing in mind, in particular, those knowledgeable about Indonesia's political development between 1945 and 1949.During this period, there were in general three political movements.

Gus Dur forms team to lobby big parties

Gus Dur forms team to lobby big parties JAKARTA (JP): President Abdurrahman "Gus Dur" Wahid has tasked a team of four ministers and the attorney general with lobbying major political parties for a compromise in the lead-up to a special session of the People's Consultative Assembly (MPR).

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.

PT DI agrees to meet demand by employees for more allowances

PT DI agrees to meet demand by employees for more allowances BANDUNG (JP): Responding to employee pressure, the commissioners of the state-owned aircraft industry PT Dirgantara Indonesia (PT DI) promised on Friday to have one of the company's directors replaced due to incompetence.

Soeharto celebrates birthday with thousands of orphans

Soeharto celebrates birthday with thousands of orphans JAKARTA (JP): Former president Soeharto celebrated his 80th birthday with thousands of orphans on Friday, while at the same time being reminded by state prosecutors that he was still a suspect in a corruption case.

Higher rates may kill Net enthusiasm

Higher rates may kill Net enthusiasm JAKARTA (JP): The government's plan to increase fixed-line telephone rates may kill the momentum of the Internet in the country, an expert said here on Friday.The chairman of the Indonesian Internet Service Provider Association, Heru Nugroho, said the planned...

More East Timor refugees prefer to stay in Indonesia

More East Timor refugees prefer to stay in Indonesia KUPANG, East Nusa Tenggara (JP): The latest results from the registration of East Timorese refugees indicated on Friday that 92,476 out of 94,692 eligible voters wanted to remain in Indonesia.

Indonesian diving head coach dissatisfied with China tour

Indonesian diving head coach dissatisfied with China tour JAKARTA (JP): Diving head coach Harly Ramayani expressed dissatisfaction with her divers performance during a tour of China earlier this month, saying that they should have achieved better results.

Too many employees getting salaries for nothing: Sutiyoso

Too many employees getting salaries for nothing: Sutiyoso JAKARTA (JP): City Governor Sutiyoso admitted on Friday that many of his 40,000 new staff members, the majority of whom were transferred from government administration offices due to the implementation of regional autonomy, have no work to...

Asian airports' lax officials 'help illegals into Australia'

Asian airports' lax officials 'help illegals into Australia' CANBERRA (Reuters): Corrupt or lax officials in major Asian airports are allowing illegal immigrants with false travel documents to fly to Australia, said a report by The Australian Institute of Criminology.

Dual leadership confuses Jakarta Police chief

Dual leadership confuses Jakarta Police chief JAKARTA (JP): Dualism in the National Police leadership has caused Jakarta Police chief Insp. Gen. Sofjan Yacob to be confused, as he is at a loss as to who the real boss is.

IAIN set for new status

IAIN set for new status JAKARTA (JP): The Syarif Hidayatullah State Academy of Islamic Studies (IAIN) in Ciputat, South Jakarta is preparing for its new status as a university.The academy's deputy rector for academic affairs, Suwito, told Antara on Friday that new courses will be introduced in the...

National anthems in soccer matches

National anthems in soccer matchesFrom KompasWhoever watched the recent Pre World Cup Group 9 Asian Zone matches, broadcast live by RCTI, must have noticed a vital item missing -- the national anthem Indonesia Raya -- at the beginning of the matches, as they have been cut off by commercials.

Budiman, 32 foreigners questioned over seminar

Budiman, 32 foreigners questioned over seminar JAKARTA (JP): City police questioned People's Democratic Party (PRD) chairman Budiman Soedjatmiko and 32 foreigners on Friday, for allegedly holding a meeting discussing Indonesian labor issues at an inn located in the Sawangan district of Depok, West...

Pertamina, Saudi firm to build oil refinery in Tuban

Pertamina, Saudi firm to build oil refinery in Tuban JAKARTA (JP): State oil and gas company Pertamina and Saudi Arabian company Hi-Tech International Group (HTIG) will build an oil refinery with a processing capacity of 150,000 barrels of oil per day (bpd) in Tuban, East Java, to help cut the...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 8, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 1,500 0 1,017,500 Adindo Foresta 110 0 0 AGIS 140 0 1,369,000 Alakasa 150 0 0 Alfa Retailindo 1,050 0...

Swadharma issues bonds

Swadharma issues bonds JAKARTA (JP): Financial firm PT Swadharma Indotama Finance, a subsidiary of automotive giant Indomobil Group is offering bonds worth Rp 125 billion (around US$11.36 million) to the public.

Recollections of Sukarno: Images of a national hero

Recollections of Sukarno: Images of a national hero The following is the second of two articles on Sukarno by Mochtar Buchori, an educator and also a legislator of the Indonesian Democratic Party of Struggle (PDI Perjuangan).

'Indonesian Observer' suspends operations

'Indonesian Observer' suspends operations JAKARTA (JP): The country's oldest English daily, Indonesian Observer, has currently frozen its operations, as a result of financial difficulties.It is the first time the Observer has had to resort to the temporary freezing of operations, since it was...

Locals blockading PT Caltex's oil well in Riau

Locals blockading PT Caltex's oil well in Riau SINGAPORE (Dow Jones): A week-long disruption at PT Caltex Indonesia's oil well located in Riau province's Rokan Hilir is still ongoing, a company official said Friday.Walter J.

KONI gets Bank Mandiri sponsorship

KONI gets Bank Mandiri sponsorship JAKARTA (JP): The National Sports Council (KONI) signed a Rp 10 billion (US$900,000) sponsorship with state Bank Mandiri on Friday for the Kuala Lumpur Southeast Asian (SEA) Games training program.

Oji Paper to invest in RI

Oji Paper to invest in RI TOKYO (AFX-ASIA): Oji Paper Co Ltd plans to spend Rp 150 billion yen to boost output in Asia over the next five years, the Nihon Keizai Shimbun reported, citing company sources.