Indonesian Political, Business & Finance News

Archive: 25 July 2001

60 articles found

Ghosts of conflicts past haunt key Asian talks

Ghosts of conflicts past haunt key Asian talks HANOI (Reuters): Southeast Asian foreign ministers met their most powerful neighbors on Tuesday to discuss boosting political and economic cooperation, but the talks were fraught with regional tensions and haunted by ghosts of conflicts past. The 10-member Association of South East Asian Nations (ASEAN) wrapped up two days of talks in Hanoi and widened the gathering to include the foreign ministers of China, Japan and South Korea.

Political parties battle for VP post

Political parties battle for VP post JAKARTA (JP): After a strong show of unity in unseating Abdurrahman Wahid from the presidency, political party factions were back to their usual selves on Tuesday, fighting off each other for the vice presidential seat, with Akbar Tandjung, Hamzah Haz and Susilo Bambang Yudhoyono emerging as the leading candidates. A seething war of words brewed between the Golkar Party and the United Development Party (PPP).

All eyes are now upon Megawati

All eyes are now upon Megawati BANGKOK: Indonesia's battered and bruised path to democracy hit a clear spot on Monday when the National Assembly acted decisively, and bravely, to dismiss errant President Abdurrahman Wahid. A few hours earlier, in a scrambling, desperate attempt to avoid the inevitable, Abdurrahman had decided to abolish the People's Consultative Assembly (MPR) and call for a new election.

Plan to sell plot of land in Kemayoran questioned

Plan to sell plot of land in Kemayoran questioned JAKARTA (JP): City councillors questioned on Tuesday the city- joint venture exhibition firm PT Jakarta International Trade Fair's (JITF) plan to sell 10 hectares of land in Kemayoran, Central Jakarta, at a price of about Rp 300 billion (US$30 million). Councillor Ugiek Sugihardjo of the Indonesian Democratic Party of Struggle demanded that the sale be postponed and JITF audited. "For us it's like insider trading.

School land deal protested

School land deal protested JAKARTA (JP): Dozens of parents, whose children studied at state-run junior high school 56 in the Blok M area, South Jakarta, rallied at the City Council on Tuesday, protesting the government's decision to move the school to another location. The parents were met by the head of the city office of the National Education Ministry, Alwi Nurdin, at the council building, but received unsatisfactory response. They demanded that Alwi cancel the exchange deal.

Riau province to jointly own CPP's oil block

Riau province to jointly own CPP's oil block By Haidar Anwar Tanjung PEKANBARU, Riau (JP): The planned establishment of Riau Petroleum by the provincial administration of Riau marks a new stage in its fierce battle with Jakarta for control over the Coastal Plain Pekanbaru (CPP) oil block currently operated by PT Caltex Pacific Indonesia.

First day in office for President Megawati

First day in office for President Megawati JAKARTA (JP): Megawati Soekarnoputri woke up as president for the first time on Tuesday and immediately got down to work in her capacity as chief executive. But her activities were limited to her official office at Merdeka Selatan Palace, since ousted president Abdurrahman Wahid had still refused to vacate the presidential palace. National Police chief Gen.

RI cyclists earn medals at Asian C'ships

RI cyclists earn medals at Asian C'ships JAKARTA (JP): Indonesia's Kuala Lumpur 2001 Southeast Asian (SEA) Games cyclists grabbed two silver medals and three bronze medals at the Asian Championships from July 7 to July 17 in Chinese Taipei. "Our cyclists have performance well in track events, though, those in road race events have yet to improve their results," secretary general of the Indonesian Cycling Association (ISSI), Sofyan Ruzian told Antara on Tuesday.

Abdurrahman ouster good, but won't lure funds

Abdurrahman ouster good, but won't lure funds HONG KONG (Dow Jones): Aberdeen Asset Management Asia Ltd. director Peter Hames is all praise for the leadership change in Indonesia but he isn't ready to pour more funds into the country just yet. Despite what he calls a "major turning point" in recent Indonesian political history, Hames isn't prepared to increase his investment and he's almost certain most other fund managers share his view.

The new Megawati era

The new Megawati era The nation should be grateful that the transition of power from Abdurrahman Wahid to Megawati Soekarnoputri has been relatively smoother than anticipated, without violence and more significantly, without loss of life.

A new leader, a new hope

A new leader, a new hope Now that the People's Consultative Assembly (MPR) has appointed Megawati Soekarnoputri as our new president, there is still this nagging question of whether she is really cut out for the job. We mean no disrespect toward her but the problems, or challenges, facing her today are so complex and daunting that no woman, or man for that matter, can be expected to resolve them in a short period of time, certainly not in the time given to this elected post.

Changes in Megawati, PDI-P, hopefully for the better

Changes in Megawati, PDI-P, hopefully for the better Among those sharing "guarded optimism" for the presidency of Megawati Soekarnoputri is researcher and rector of the Jakarta State Islamic Studies Institute Azyumardi Azra. Question: What is your impression of the events leading up to the swearing-in of Megawati? Answer: It was very democratic, constitutional. The Nahdlatul Ulama (NU, the 34-million strong organization Gus Dur once led) must not be humiliated.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on July 24, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,425 0 716,500 Adindo Foresta 110 -10 65,000 AGIS 145 0 1,440,000 Akbar Indo Makmur 1,125 200 5,432,500 Alakasa 175 0 0 Alfa Retailindo 975 -25 331,000 Alter Abadi 85 0 5,000 Alumindo Light 675 0 4,500 Andhi Chandra 2,025 0 0 Aneka Kimia Raya 190 0 0 Aneka Tambang 1,075 -150 5,313,500 Apac Citra...

Bombing victims keep their spirits high

Bombing victims keep their spirits high By Muninggar Sri Saraswati and Annastashya Emmanuelle JAKARTA (JP): Junior high school student Agnes Jessica Winarto, one of the victims of Sunday's bomb blast in a church here, has not yet realized that she has lost her right leg. Agnes, who is still being treated at the intensive care unit of St. Carolus Hospital in Central Jakarta, sometimes asks the nurse to rub the sole of her right foot and put a pillow under her right foot.

Where to go in Surabaya:

Where to go in Surabaya: Film * Monthly French Film La Rein Margot, CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5615246), Wednesday, 7 p.m., Saturday, 5 p.m., until the end of July. Performance * Concert Glenn Bagus Zulkarnain, Mandarin Oriental, Majapahit Hotel, 8 p.m. to 9:30 p.m., July 26. Music and Entertainment * Hyatt Regency Surabaya, Jl. Jend. Basuki Rakhmat 106-128 (Phone: 031 5311234): - Lobby: Gamelan (Traditional Music), 7 p.m. to 10 p.m.

Dollar dumping boosts rupiah further

Dollar dumping boosts rupiah further JAKARTA (JP): The rupiah rallied for a second day in a row, on the back of euphoria that swept the market, following the election of Megawati Soekarnoputri as the country's fifth president. Bank Buana director Pardi Kendi said on Tuesday that market players had continued to dump the U.S. dollar on optimism political stability would return to this country.

Off-road racing in Cikarang

Off-road racing in Cikarang JAKARTA (JP): The Cheetah Off-Road Club, a member of the Indonesian Off-Road Federation (IOF), will stage SCORE Off-Road Racing on Aug.11 and Aug.12 at the Lippo Cikarang Off-road racing track in Cikarang, West Java. "This the first off-road racing tournament in the country. The regulations comply to those of world's off-road governing body, SCORE," organizer Justinus Sjahlim told The Jakarta Post in a written statement on Tuesday.

B2B firm to launch IPO

B2B firm to launch IPO JAKARTA (JP): PT Global Jaringan Nusantara, the Indonesian unit of Hongkong-based B2B e-marketplace provider Global Sources plans to launch a domestic initial public offering (IP0) in October. Company spokeswoman Tien Hartono said on Tuesday that Global Jaringan, which was established last year, needed fresh funds to boost its working capital. "We're quite optimistic that we will be successful in our IPO," she told The Jakarta Post during a media briefing.

KPC proposes neutral body to value its stake

KPC proposes neutral body to value its stake JAKARTA (JP): Coal mining company PT Kaltim Prima Coal (KPC) has urged the government to establish an independent appraiser to value its assets and end the prolonged row over its divestment program, according to one of its owners, Anglo-Australian mining giant Rio Tinto.

All companies in city told to register their expatriates

All companies in city told to register their expatriates JAKARTA (JP): The city administration urged all companies to register expatriates on their payroll with the authorities. The Jakarta chapter of the Foreigners Control Coordination (Sipora) team briefed on Tuesday representatives of more than 100 companies, including hotels, on the administration's policy toward foreign workers and on its plan to reregister all foreigners working in the country starting next month.

Native languages threatened with extinction

Native languages threatened with extinction JAKARTA (JP): Language indicates where you belong. But this might not be true for some, as many of the Indonesian native languages are now at the brink of extinction. Language experts have highlighted the erosion of native languages and the decreasing number of their users, due to inadequate speaking skills, as well as the impact of technological changes that have affected every field of life. Noted language expert Anton M.

Dozens of Gus Dur supporters maintain vigil outside palace

Dozens of Gus Dur supporters maintain vigil outside palace JAKARTA (JP): One day after the ousting of President Abdurrahman Wahid, the number of his supporters staging a rally in front of Merdeka Palace, Central Jakarta, dropped significantly on Tuesday. Gus Dur's supporters, dwindled to only several dozen people, mostly from towns in East Java and Central Java.

Watch Asian central bank balance sheets: BIS urges

Watch Asian central bank balance sheets: BIS urges SYDNEY, Australia (Reuters): The Bank for International Settlements said on Tuesday more attention should be paid to the balance sheet independence of central banks in Asia. In a discussion paper for the Reserve Bank of Australia's annual conference in Sydney, BIS official Robert McCauley said progress had been made in Indonesia and South Korea since the events of the Asian crisis.

Men's sprinters vague of SEAG target

Men's sprinters vague of SEAG target JAKARTA (JP): Indonesia's men's sprinters doubt their chances of winning medals at the Southeast Asian (SEA) Games in Kuala Lumpur in September, following their poor performances in the local championships here. The sprinters, however, were adamant of being able to improve on their best times in the one month remaining before the event.

Peace-inspiring TV dialog

Peace-inspiring TV dialog From Media Indonesia Between 6 a.m. and 7 a.m. on Friday, July 20, 2001 private television station RCTI aired a dialog with MH Ainun Nadjib (Cak Nun). This program really gave me peace of mind. Cak Nun called on all of us to turn to God the Almighty and to be magnanimous. He said it was no longer time for us to point an accusing finger in all directions.

Parking at Karawaci

Parking at Karawaci It is a pity that the management of Supermal Karawaci does not pay proper attention to automobile parking at this mall. A long line of automobiles is often found waiting to enter the mall in certain hours on weekdays and on weekends because the several routes leading to the parking area all lead to one entrance. A similar long line of automobiles is also a common sight at closing time.

False alarm jangles nerves at police HQ

False alarm jangles nerves at police HQ JAKARTA (JP): Fear gripped officers at the National Police Headquarters on Tuesday when a suspected bomb was found in the Wisma Bhayangkari Meeting Hall, located next to the National Police Information Center on Jl. Senjaya in South Jakarta. The National Police bomb squad arrived at the scene at about 9 a.m. and searched the meeting hall, where a black bag believed to contain a bomb had been found. The bomb squad chief at the scene, Adj. Sr. Comr.

Man murdered on mosque porch

Man murdered on mosque porch TANGERANG (JP): A suspected thug, Mad alias Gondrong, was found dead with several stab wounds to his head and neck on the porch of Munawwaroh Mosque in the Ahmad Yani soccer stadium on Jl. Windu Karya I, Tangerang, early on Tuesday. Tangerang substation police chief Ins. Sumanto said police found a sickle inside Gondrong's bag and a car key that police suspect was used in car thefts was in his pocket.

Kikugawa: Excellent value and relaxing

Kikugawa: Excellent value and relaxing JAKARTA (JP): If you happen to be in the vicinity of Taman Ismail Marzuki (TIM) and are feeling a bit peckish, then I can recommend no better place to eat than Kikugawa Japanese Restaurant. It is one of the longest established restaurants of its kind in the city (having been around for 30 years), so they know exactly what diners want, and must be consistently getting it right, judging by its loyal customer base.

Changes in Megawati, hopefully for the better

Changes in Megawati, hopefully for the better Among those sharing "guarded optimism" for the presidency of Megawati Soekarnoputri is researcher and rector of the Jakarta State Islamic Studies Institute Azyumardi Azra. Question: What is your impression of the events leading up to the swearing-in of Megawati? Answer: It was very democratic, constitutional. The Nahdlatul Ulama (NU, the 34-million strong organization Gus Dur once led) must not be humiliated.

The next vice president

The next vice president From Koran Tempo Indonesia's fifth president has been sworn in. What's now interesting is the position of vice president left vacant by Megawati. The "stock exchange" of candidates offers several names such as Akbar Tandjung, Wiranto, Hamzah Haz, Yusril Ihza Mahendra and Susilo Bambang Yudhoyono.

Bomb rocks Central Sulawesi Police Headquarters

Bomb rocks Central Sulawesi Police Headquarters PALU, Central Sulawesi (JP): A blast hit Central Sulawesi Police Headquarters in the provincial capital of Palu on Tuesday, forcing dozens of officers to evacuate the building in panic. No fatalities were reported in the incident, which occurred at about 11:45 a.m.

Computer software in Indonesian

Computer software in Indonesian I read with interest your article of July 21, 2001 titled PC software in Indonesian to be launched. I don't think that launching such software is the answer to making rural and city people computer-literate. I know of people with a very low level of proficiency in English who are very proficient in operating the computer.

Advertisers exploit children to promote their products

Advertisers exploit children to promote their products By Jonminofri Nazir JAKARTA (JP): Indonesian children, especially those living in Jakarta, usually have similar tastes. Today, most of them love T-shirts, bags, shoes, books or any other product bearing the cuddly Teletubbies characters. Birthday boys and girls no longer demand red-nosed clowns to enliven their parties; instead, they cry for Teletubbies' TinkyWinky, LaaLaa, Dipsy or Po. It used to be Pokemon.

Where Megawati's loyalties lie

Where Megawati's loyalties lie By Lesley McCulloch TASMANIA, Australia (JP): It was with quiet amazement and some amusement that I read Focusing on reform process of TNI (The Jakarta Post July 18). While acknowledging the author, Philippe Raggi's desire to understand the nuances of the political- military relationship in Indonesia today, I must suggest that his analysis is wide off the mark. Yes, it is true that a process of reform has begun.

Auto sales up in four main SE Asian markets

Auto sales up in four main SE Asian markets SINGAPORE (AFP): New vehicle sales in Southeast Asia's four biggest markets rose 9.0 percent in the five months of this year, weighed down by a weak performance in the Philippines, an industry monitor said on Tuesday. The Philippines was the only market to experience a decline with a fall of 15 percent, Automotive Resources Asia Ltd. (ARA) said in its latest report.

Women's roles

Women's roles From Warta Kota Although women account for the more than half of the Indonesian population, conditions for them until now have been quite disconcerting as seen by their far below standard of living. Many women as well as their babies die during childbirth. Compared to women in other Southeast Asian countries, Indonesian women live under the most alarming conditions.

IMF names new RI agent

IMF names new RI agent JAKARTA (JP): The International Monetary Fund announced on Tuesday that David Nellor would succeed John Dodsworth as the senior resident representative in Indonesia when the latter's term concluded at the end of this month. The IMF said in a press statement that Nellor was currently the assistant director of the Fund's regional office for Asia Pacific.

Official says condoms vital for military operations

Official says condoms vital for military operations JAKARTA (JP): A senior official at the Ministry of Health has warned the government it is not enough to arm the Indonesian Military (TNI) only with ammunition when they are deployed in military operations where they have to leave their family for long periods. Physician Broto Wasisto said the government should provide condoms for the soldiers each time they are sent on a long military operation to protect them from diseases like HIV/AIDS.

RP: Peace in sight as talks with Moro rebels resume

RP: Peace in sight as talks with Moro rebels resume PORT DICKSON, Malaysia (AFP): Philippine government negotiators and separatist Moro rebels began a new round of talks in Malaysia on Tuesday, with Manila upbeat about peace prospects. "I don't only smell peace but I see peace already. There is a lot of optimism," chief government negotiator Jesus Dureza told AFP. Indonesia, Malaysia and Libya have agreed to send observers to monitor the ceasefire agreed in Tripoli four weeks ago, he said.

World shuttlers still consider Indonesia Open prestigiuos

World shuttlers still consider Indonesia Open prestigiuos JAKARTA (JP): Competing shuttlers at the US$170,000 Sanyo Indonesia Open considered the five-star tournament prestigious, despite the last minute withdrawal from badminton powerhouse China and neighbor Thailand due to security reasons following the snap special session of the People's Consultative Assembly. "It's still a strong tournament especially in the men's singles.

Brawl over frying pan sends three inmates to hospital

Brawl over frying pan sends three inmates to hospital TANGERANG (JP): Three inmates were rushed to the hospital after being injured in a brawl over a frying pan at the men's penitentiary on Jl. Veteran in Tangerang, on Tuesday morning. The two inmates who allegedly triggered the incident were taken in for questioning by the police. Tangerang Police chief Insp.

Anai's Padang cuisine in upmarket setting

Anai's Padang cuisine in upmarket setting JAKARTA (JP): Everybody knows that Padang food is this country's closest equivalent to fast food. Usually eaten in the "raw", meaning on a dusty sidewalk in the market in the middle of all the action, platters of food are stacked like pyramids in the sun before being brought out before the diner to make their selections.

Announcement

Announcement Due to the increase in production costs over the past year, which have been exacerbated by the recent increase of fuel and electricity prices, The Jakarta Post, while continuing to provide readers with up-to-date news and high quality information, has been compelled to raise its subscription and retailing prices. As of Aug.

Howard says he's sorry for Gus Dur

Howard says he's sorry for Gus Dur SYDNEY (Agencies): Congratulatory remarks on Megawati Soekarnoputri's appointment as president continued from all over the world on Tuesday, including from Australian Prime Minister John Howard who admitted that he felt sorry for ousted Abdurrahman Wahid. Howard expressed sympathy for the ousted president but said his downfall was part of democracy.

KL palm oil off highs

KL palm oil off highs KUALA LUMPUR (Reuters): Malaysian palm oil futures ceded earlier gains but managed to stay in positive territory despite the absence of fresh factors and worries that Chicago's uptrend would not last long, traders said on Tuesday. The third-month October contract rose 14 ringgit to 1,156 ringgit ($304.21) a ton after trading as high as 1,180 ringgit. Volume was 1,562 lots.

Rupiah rate July 24

Rupiah rate July 24 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

Police arrest four over murder

Police arrest four over murder JAYAPURA, Irian Jaya: Police arrested four alleged separatist rebels here early on Monday morning in connection with the murder of four Mobile Brigade police officers last month. The provincial police chief, Insp. Gen. Made Pangku Pastika, said on Tuesday the suspects were arrested during a joint police and military raid in Manokwari. Pastika identified the suspects as Tonci Baransano, Hermanus Metani, Nataniel Yoweli and Yohanis Marani, who are all in their 50s.

BP to lead Indonesia's LNG marketing efforts in China

BP to lead Indonesia's LNG marketing efforts in China JAKARTA (JP): The government and state oil and gas company Pertamina have agreed to appoint Anglo-American energy firm BP Plc to lead marketing efforts in China for its Tangguh liquefied natural gas (LNG) project in Irian Jaya, a BP senior official said Tuesday. BP Indonesia's vice president for government and public affairs Satya W.

Howard

Howard Howard says he's sorry for Gus Dur. Page 2 Brawl Brawl over frying pan sends three inmates to hospital. Page 3 Riau Riau province to jointly own CPP's oil block Page 4 Swimming Third gold and another world record for Thorpe. Page 6 Cuisine Anai's Padang cuisine in upmarket setting. Page 8 Auto sales Auto sales up in four main SE Asian markets. Page 10 New team Politics must stay out of new economic team: Experts. Page 11 LNG BP to lead RI's LNG marketing efforts in China.

Luxury car distributors upbeat on 2001 sales

Luxury car distributors upbeat on 2001 sales JAKARTA (JP): Domestic luxury car distributors expressed optimism that they could meet the 2001 sales target despite the country's economic woes. Paulus B. Suranto, head of marketing at PT BMW Indonesia, said his company was confident to achieve a projected sales target of around 3,300 sales this year, a 17 percent increase as compared to 2,821 last year. "We're confident as the company has sold 1,664 units as of June.

Grains: Light seen at end of RI tunnel

Grains: Light seen at end of RI tunnel SINGAPORE (Reuters): Indonesia's commodity markets, disrupted for months by political and economic chaos, are cautiously optimistic a day after the strife-torn country named a new president, traders said on Tuesday. As the world's fourth biggest population hopes for a return to stability under President Megawati Soekarnoputri, and the rupiah currency gains against the U.S. dollar, traders said Indonesian buyers were dipping their toes in the grain market.

PKB confirms dissolution of its factions

PKB confirms dissolution of its factions JAKARTA (JP): The National Awakening Party (PKB) confirmed on Tuesday the dissolution of its factions in the House of Representatives and the People's Consultative Assembly, though there was some dissension on this point. In a statement read out at the end of its executive meeting late on Tuesday, the party fell short of declaring its recognition of Abdurrahman Wahid as president.

Victims' family compensated

Victims' family compensated GRESIK, East Java: State-owned social security company Jamsostek paid on Monday Rp 49.1 million in compensation to relatives of two victims killed in a recent fire on a tanker. Fire broke out and gutted the Salawati on July 15 as it sat in the compound of the state-owned ship factory, PT PAL Surabaya. The victims were Supaat, 44, and his son-in-law, Muhammad Saicu, 27. Both victims were residents of Jl. Sunan Giri V in Kawes Anyar village in Gresik.

Soldiers detained for desertion

Soldiers detained for desertion MEDAN, North Sumatra: Two Army soldiers have been detained at the Tanah Karo Police station near here, charged with deserting their unit now deployed in the troubled province of Aceh. North Sumatra Police spokesman Adj. Sr. Comr. Amrin Karim was quoted as saying by Antara on Tuesday that the soldiers, whose identities were not revealed, were arrested during a sweep for guns on a main road connecting Medan and Kabanjahe.

ASEAN adopts declaration to narrow rich-poor divide

ASEAN adopts declaration to narrow rich-poor divide HANOI (AFP): Southeast Asian governments Tuesday promised to narrow the chasm that separates the region's richest nation from countries still mired in third-world poverty. Foreign ministers of the Association of Southeast Asian Nations (ASEAN) adopted a "Hanoi Declaration" pledging to bring impoverished members closer to the first-world standard of living in Singapore.

Politics must stay out of new economic team: Experts

Politics must stay out of new economic team: Experts JAKARTA (JP): President Megawati Soekarnoputri should avoid political compromise in the formation of her next Cabinet economic team, as it would slow down efforts to bring the country's economic recovery back on track, experts said on Tuesday. National Economic Recovery Committee (KPEN) executive, Sofyan Wanandi said that months of political infighting had hampered the economic recovery for too long.

Megawati shows support for police chief Bimantoro

Megawati shows support for police chief Bimantoro JAKARTA (JP): President Megawati Soekarnoputri showed her approval of Gen. Surojo Bimantoro as the rightful National Police chief, when she handed him the command baton during his courtesy call on Tuesday. Having been openly defiant against deposed president Abdurrahman Wahid over their differences of opinion, Bimantoro visited Megawati at the vice presidential palace in Central Jakarta on Tuesday, with the baton in hand.

Gus Dur's friends urge his return to civil movement

Gus Dur's friends urge his return to civil movement JAKARTA (JP): Friends of deposed president Abdurrahman "Gus Dur" Wahid urged him on Tuesday to leave the presidential palace and return to the civilian movement to guard democracy and freedom of speech. Journalist Goenawan Mohammad, along with other prodemocracy figures, called on Gus Dur to leave the presidential palace with pride and return to his own home in Ciganjur, South Jakarta.

Papuan council demands freedom for Irian Jaya

Papuan council demands freedom for Irian Jaya JAYAPURA, Irian Jaya (JP): Following the ouster of former president Abdurrahman "Gus Dur" Wahid, the Papuan Presidium Council announced on Tuesday the easternmost province Irian Jaya wished to separate from Indonesia. The council's deputy chairman, Tom Beanal, however, was quick to note that the Irianese fight for independence had nothing to do with the events surrounding Abdurrahman. "The demand is purely the wish of the Papuans.