Indonesian Political, Business & Finance News

Archive: 11 July 2001

61 articles found

Sodomizer jailed for 1 year

Sodomizer jailed for 1 year JAKARTA (JP): Sodomy defendant Nurochman, 26, did not react when a judge sentenced him to a one-year jail term on Tuesday for sodomizing a teenage boy in February this year.Judge Thamrin Barzais of the East Jakarta District Court said Nurochman, a jobless man, was...

Two killed by food poisoning

Two killed by food poisoning PURWOKERTO, Central Java: Two people died and 18 others were rushed to hospital on Tuesday after suspected food poisoning at a wedding party at Kutayasa village in Baturraden district.The two victims are 64-year-old Riwen and 56-year-old Matori.

Many Turkish students study in Indonesian universities

Many Turkish students study in Indonesian universities JAKARTA (JP): Unknown to many, since 10 years ago, Indonesia has become an alternative country for Turkish high school graduates wanting to undertake a university education.

Asian currencies declining, S'pore dollar at new 11-year low

Asian currencies declining, S'pore dollar at new 11-year low SINGAPORE (Dow Jones): Asian currencies suffered another hemorrhage late Tuesday as poor economic data from Singapore and Taiwan underscored the severity of the region's malaise, dealers said.

Tenaga to cut power reserves

Tenaga to cut power reserves KUALA LUMPUR (AP): National power utility Tenaga Nasional Bhd. is considering halving Malaysia's electricity supply reserves, senior officials were reported Tuesday as saying.Tenaga currently keeps reserves at 30 percent of its total capacity of 13,000 megawatts.

Team proposes new bus fares increase

Team proposes new bus fares increase JAKARTA (JP): A joint team tasked to calculate city bus fares increases decided on Tuesday to drop the central government subsidy for bus operators and proposed new fares for city buses.

Mahathir hints at corporate tax cut

Mahathir hints at corporate tax cut KUALA LUMPUR (AFP): Malaysia's 28 percent corporate tax rate may be lowered in the 2002 budget to be unveiled in October, Prime Minister Mahathir Mohamad said Tuesday."We have studied the possibility (of a corporate tax reduction).

KL, Thailand begin exercise

KL, Thailand begin exercise KUALA LUMPUR (AFP): Malaysian and Thai navy and marine police forces began a five-day annual exercise on Tuesday to improve security and curb encroachment into each other's waters.

TV Program: Tuesday July 10, 2001

TV Program: Tuesday July 10, 2001TVRI .TB.30" .90"5:00 a.m. Religious Teachings6:00 News 8:00 Music8:30 Documentary9:00 Children's Program10:00 Music11:00 Regional News12:00 p.m. Interval3:00 News3:30 TV Series4:00 Music4:30 Children's Program5:00 News5:30 Economic News6:00 Village News6:15 TV...

Resettling Pontianak refugees 'a must'

Resettling Pontianak refugees 'a must' PONTIANAK, Central Kalimantan (JP): Relocating the Sambas refugees now held in camps in Pontianak is the best thing the government could do, Coordinating Minister for Political, Social and Security Affairs Agum Gumelar said here on Tuesday.

Enthusiastic mothers gather at stadium for prayers

Enthusiastic mothers gather at stadium for prayers JAKARTA (JP): Under the scorching heat of the noon sun, hundreds of middle-aged women, dressed in Muslim outfits and holding rebana (tambourines), moved with the rhythm of the shalawat (short prayers) being chanted on the stage.

N. Sulawesi displays ambitious port plans

N. Sulawesi displays ambitious port plans MANADO, North Sulawesi (JP): President Abdurrahman Wahid is slated to officially open the renovated International Airport of Sam Ratulangi and Bitung International seaport in the city of Manado and Bitung on July 16.

Cover Girl Aneka 2001, another stairway to stardom.

Cover Girl Aneka 2001, another stairway to stardom.Text and photo by Nuraini Razak JAKARTA (JP): Nervous teenage girls squeeze into their flashy designer clothes backstage. They then apply eyeliner and lipstick with careful precision before admiring their reflection in the mirror.

Hendrawan keeps a low profile at Malaysia Open

Hendrawan keeps a low profile at Malaysia Open JAKARTA (JP): World Champion Hendrawan is keeping a low profile on his chances to grab the men's singles title at the four-star Malaysia Open next week, especially with the application of the new scoring system of the best of five games in seven points.

New anesthesia procedure for painless labor unveiled

New anesthesia procedure for painless labor unveiled JAKARTA (JP): Doctors here are introducing a new anesthesia technique which would allow expectant mothers to have natural childbirth with less, perhaps even no, pain.

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.

Everyone eligible to become VP

Everyone eligible to become VPFrom Suara KaryaIn the run-up to the special session of the People's Consultative Assembly, who will be the vice presidential candidates has become a hot topic of discussion, particularly among legislators.

Gus Dur criticizes House conclusion on shootings

Gus Dur criticizes House conclusion on shootings JAKARTA (JP): President Abdurrahman Wahid shared the public's disappointment on Tuesday over the conclusions of the House of Representatives (DPR) on the Trisakti and Semanggi fatal shooting incidents in which 30 youths, mostly students, were killed.

AGO names Arifin suspect in graft case

AGO names Arifin suspect in graft case JAKARTA (JP): Businessman and politician Arifin Panigoro has been named a suspect for his involvement in several graft cases, the Attorney General's Office announced on Tuesday afternoon.

Honda seeks damages over patent rights

Honda seeks damages over patent rights JAKARTA (JP): Japanese automotive giant Honda Motor Co. Ltd. said on Tuesday it was seeking damages from local importers of Chinese motorcycles for infringing its patents by selling products equipped with patented devices without its permission.

ING Aetna Life to maintain workforce

ING Aetna Life to maintain workforce JAKARTA (JP): ING Aetna Life Indonesia, a new insurance company formed from the recent merger between PT ING Insurance Indonesia and PT Aetna Life Indonesia, said it would retain its workforce obtained from the merger to strengthen its presence in the country's...

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on July 10, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 1,350 0 50,000 Adindo Foresta 115 5 176,000 AGIS 140 0 285,000 Alakasa 160 0 0 Alfa...

Authorities to raid pedicabs

Authorities to raid pedicabs JAKARTA (JP): The city administration plans to launch another crackdown against pedicabs, which still roam the streets of the capital despite a 1988 ban.Firman Hutajulu, head of the city's public order office, said the raid against becak, as the three-wheeled vehicle is...

N. Sulawesi displays ambitious port plans

N. Sulawesi displays ambitious port plans MANADO, North Sulawesi (JP): President Abdurrahman Wahid is slated to officially open the renovated International Airport of Sam Ratulangi and Bitung International seaport in the city of Manado and Bitung on July 16.

Money politics in MPR

Money politics in MPRFrom Suara KaryaPeople's Consultative Assembly (MPR) Speaker Amien Rais and his deputy Sutjipto are well aware of the rampant money politics ahead of the Assembly's special session on Aug. 1, 2001. Other legislators have also noticed these maneuvers.

PDIP to convene its own meeting of party leaders

PDIP to convene its own meeting of party leaders JAKARTA (JP): Officials from the Indonesian Democratic Party of Struggle (PDI Perjuangan) said on Tuesday they would convene a meeting of political party leaders, with July 15 identified as the most likely date.

Marsillam appointed as new AG

Marsillam appointed as new AG JAKARTA (JP): President Abdurrahman Wahid appointed on Tuesday his old friend and current Minister of Justice and Human Rights Marsillam Simanjuntak as the new attorney general to replace the late Baharuddin Lopa.

Steady exodus from C. Aceh continues

Steady exodus from C. Aceh continues BANDA ACEH, Aceh (JP): There remained a steady exodus of people from Central Aceh to coastal areas in the province as concerns rose following a warning from the Free Aceh Movement (GAM) separatist group that they would step up attacks against security personnel...

KL palm oil shrugs off data, jumps on CBOT

KL palm oil shrugs off data, jumps on CBOT KUALA LUMPUR (Reuters): Malaysia's palm oil futures shrugged off bearish July 1-10 exports data and closed sharply higher on Tuesday on rises in soybean futures on the Chicago Board of Trade (CBOT) electronic trading.

Malaysia, Thailand still at odds on car tariffs

Malaysia, Thailand still at odds on car tariffs KUALA LUMPUR (Reuters): Malaysia said on Tuesday it was still negotiating how to compensate Thailand for delaying reductions on import tariffs for automobiles."Nothing yet.

Govt has yet to draft plan to end forest fires

Govt has yet to draft plan to end forest fires JAKARTA (JP): While neighboring countries have been complaining about the choking haze caused by Indonesia's forest fires and have called on Indonesia to take action to deal with the problem, the Ministry of Forestry said on Tuesday it had yet to...

15 people killed in ship collision

15 people killed in ship collision PALEMBANG, South Sumatra (JP): Fifteen people were killed and five others were missing after a traditional wooden ship, the KM Halimun 02, carrying 156 people, including six crew members, collided on Monday night with the PL Otelo, a ferry belonging to state-owned...

Olympic Open to go on as scheduled despite security fears

Olympic Open to go on as scheduled despite security fears JAKARTA (JP): Organizers said on Tuesday the Rp 350 million (US$30,000) 2001 Olympic Open golf tournament would go ahead as scheduled from July 31 to Aug. 3 at the Taman Dayu golf course in Pandaan, East Java, despite security concerns.

RP seeks China's aid against drugs

RP seeks China's aid against drugs MANILA (AP): The Philippines will seek greater cooperation with China to stem the growing influx of a methamphetamine called "shabu" from its Asian neighbor, a government official said on Tuesday.

Indonesia's DI asked to join Airbus 'superjumbo' production

Indonesia's DI asked to join Airbus 'superjumbo' production JAKARTA (JP): The European Aeronautic Defense and Space Company NV. (EADS) has asked Indonesia to take part in the production of Airbus Industrie's giant A380 jet airplane, the government said on Tuesday.

Govt urged to heed Telkom-AriaWest row

Govt urged to heed Telkom-AriaWest row JAKARTA (JP): The government should pay greater attention to the lingering dispute between state PT Telkom and PT AriaWest International, as it could impact on Indonesia's position in the international forum, a senior government official said.

Not Rowan's but mine

Not Rowan's but mine After reading your article Balai perupa honors three art forms from Pavan Kapoor in the Sunday, June 17, 2001 edition of The Jakarta Post, I am writing to offer my criticism on this subject.

Tasting not so spicy dishes from the island of Lombok

Tasting not so spicy dishes from the island of Lombok JAKARTA (JP): The word Lombok might remind one of the beautiful tourist island in West Nusa Tenggara. But, like many places in the country, the island also has traditional food renowned as far as the capital city.

Mahathir's vision of a 'Bangsa Malaysia'

Mahathir's vision of a 'Bangsa Malaysia' KUALA LUMPUR: The vision spelt out by Datuk Seri Mahathir Mohamad of the Barisan Nasional coalition eventually evolving into a single party and the call by Datuk Seri Abdullah Ahmad Badawi to discard racial politics deserve all out support by every Malaysian...

Shootings

Shootings Gus Dur criticizes House's conclusion on shootings. Page 2 School Parents prepare bribes for school admission. Page 3 Human rights Rights violations: Who is to blame? Page 4Heart Artificial heart offers hope for thousands. Page 9Singapore Singapore economy slips into a technical recession.

Bogor water firm to raise prices

Bogor water firm to raise prices BOGOR (JP): Bogor regency-owned tap water company PAM Bogor will raise its water rates for customers by around 42 percent from the current rate of Rp 775 per cubic meter of water to Rp 1,100 starting the end of this year or early next year.PAM Bogor spokesman E.E.

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.

Thailand praised for new drug

Thailand praised for new drug BANGKOK (DPA): Thailand was praised in a report issued on Tuesday by the United Nations Development Program (UNDP) for its efforts in producing a powerful new antimalaria drug.

African dies of vodka, heroin

African dies of vodka, heroin JAKARTA (JP): An African died a horrible death on Tuesday morning, after reportedly swallowing a lethal mixture of vodka and heroin at his apartment in Tower II of Rasuna Said Apartments in Kuningan, South Jakarta.

Gen. Bimantoro takes 10-day leave of absence

Gen. Bimantoro takes 10-day leave of absence JAKARTA (JP): Outgoing National Police chief Gen. Surojo Bimantoro is taking a leave of absence, following Monday's incident when 150 middle-ranking police officers managed to make rebellious statements against him, in a meeting that top police generals...

Parents prepare bribes for school admission

Parents prepare bribes for school admission JAKARTA (JP): There is a popular expression among parents when the time comes to register their children for high school: buka toko (open shop).Meaning? Basically, bribery.

RP vows to hit Abu Sayyaf with arrest of its leader

RP vows to hit Abu Sayyaf with arrest of its leader ZAMBOANGA, Philippines (Agencies): The Philippine military expects to smash the Muslim Abu Sayyaf group holding 19 Filipino and two American hostages after capturing a key leader, officials said on Tuesday.

Improving Jakarta-Washington relations

Improving Jakarta-Washington relations SINGAPORE: Moving cautiously to re-establish contacts with the Indonesian military, the Bush administration may win Congressional support for its effort, but only if there is change for the better in Jakarta.

RI plans cut in rubber output by 70,000 metric tons

RI plans cut in rubber output by 70,000 metric tons JAKARTA (JP): The government said on Tuesday that it planned to cut rubber production by 70,000 metric tons starting next year as part of a joint effort with Thailand and Malaysia to boost world rubber prices.

Rupiah rate July 10

Rupiah rate July 10 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 10,849.00 11,849.00 11,292.00 11,406.00Australian dollar 1 5,530.82 6,046.54 5,756.66 5,820.48Austrian schilling 1 670.24 732.45 697.61 705.07Belgian franc 1 228.63 249.85 237.96 240.

Participant dies at jamboree

Participant dies at jamboree PURWOKERTO, Jawa Tengah: A participant of the National Boy Scout Jamboree 2001 died from a serious illness at a local hospital in the early hours of Tuesday morning, a committee member said.Commander of the Jamboree health unit Lt. Col.

Policemen sent for fear of new violence in Poso

Policemen sent for fear of new violence in Poso PALU, Central Sulawesi (JP): Police have been dispatched to Tentena, a town about 50 kilometers south of Poso, and Ampana subdistrict in Poso following Monday's outbreak of violence, which resulted in at least 100 houses being burned down.

Worthless HCI Card

Worthless HCI Card Before I became a member of Hotel Club Indonesia (HCI), I was told that the HCI Card, at Rp 350,000 per year, entitles me to among others, special benefits, discounts and privileges at Natour's chain of hotels.This proved to be a big lie.

Next LoI to IMF will involve fewer targets: Official

Next LoI to IMF will involve fewer targets: Official JAKARTA (JP): The contents of the government's next Letter of Intent (LoI) to the International Monetary Fund (IMF) will cover only about half the number of economic reform targets as are contained in the current LoI, according to a senior...

Deutsche Bank to buy SeoulBank

Deutsche Bank to buy SeoulBank SEOUL (AFP): Deutsche Bank is in talks to buy a stake in SeoulBank, the South Korean lender rescued from bankruptcy by the government, a senior official said.The German bank is acting through one of its investment funds.

Japan demands review of U.S.-Japan deal on troops

Japan demands review of U.S.-Japan deal on troops TOKYO (AP): Angered by U.S. delays in handing over an American serviceman suspected of rape, a parliamentary committee on Tuesday adopted a resolution demanding a review of the agreement governing U.S. troops in Japan.

Hectic schedule awaits newly crowned Angie

Hectic schedule awaits newly crowned Angie JAKARTA (JP): Wimbledon girls' singles champion Angelique Widjaja arrived home on Tuesday, surprised to see so many people flocking the Soekarno-Hatta International Airport upon her arrival.

RI karate squad issued visas to Japan

RI karate squad issued visas to Japan JAKARTA (JP): The Indonesian Southeast Asian (SEA) Games karate squad was issued the required visas on Tuesday to enter Japan. The visas had been delayed after the squad failed to submit all of the required documents.

IMF sees RP growth at 3%

IMF sees RP growth at 3% WASHINGTON, July 9 (AFP) - The IMF on Monday forecast economic growth in the Philippines this year of three percent -- slightly better than some recent international forecasts, but below last year's pace of 3.9 percent.

E. Timor court begins long-awaited trial

E. Timor court begins long-awaited trial DILI (Reuters): East Timor began its first long-awaited trial for crimes against humanity in Dili this week, a landmark move toward achieving justice for violence linked with the territory's vote for independence nearly two years ago.

Japan faces skepticism over security role

Japan faces skepticism over security roleBy Kavi Chongkittavorn BANGKOK: As China rapidly improves its position in the global community, in economic, political and security areas, Japan is shifting its foreign and security policies to safeguard its interests and maintain its competitive edge in the...