Indonesian Political, Business & Finance News

Archive: 28 July 2001

62 articles found

Indonesia to host Asia Pacific film festival

Indonesia to host Asia Pacific film festival JAKARTA (JP): The medium of film crosses the waves and bridges of cultural divides, and people like TV film producer and tycoon Raam Punjabi are hoping it can also help improve the world's view of Indonesia.

Asian currencies mixed; 4-month high for S'pore dollar

Asian currencies mixed; 4-month high for S'pore dollar SINGAPORE (Dow Jones): Nervousness in the market over the expected release weak second-quarter economic growth figures in the U.S. kept most Asian currencies well bid against the dollar Friday.

Two bombing suspects hold up guard, break out of jail

Two bombing suspects hold up guard, break out of jail JAKARTA (JP): Two suspects in the bombing of Jakarta Stock Exchange (JSX) building broke out of Cipinang Penitentiary, East Jakarta, on Friday after holding up a guard with a gun that had been smuggled into the penitentiary along with two hand...

Defiant PKB legislator dismissed: Muhaimin

Defiant PKB legislator dismissed: Muhaimin JAKARTA (JP): The National Awakening Party (PKB) stripped Abdul Cholik Achmad of his position on Friday in the party's board of executives and its faction at the House of Representatives (DPR) for alleged insubordination.

Judge's murder sends 'message of terror' to law enforcers

Judge's murder sends 'message of terror' to law enforcers The blatant manner in which the shooting of Justice M. Syafiuddin Kartasasmita took place was intended to send a "message of terror" to law enforcers who have only recently rediscovered their courage, according to Heru Susetyo Nuswanto.

A presidential accession

A presidential accession The quick ascension of the charismatic Vice-President, Ms. Megawati Sukarnoputri, as the country's new executive leader should satisfy the international community that Indonesia is trying to pace its steps in its hour of a unique constitutional crisis. Ms.

Juniors tested in Bandung circuit

Juniors tested in Bandung circuit JAKARTA (JP): National junior shuttlers, joining the Indonesian Badminton Center, will have another test at the Samsung-SGS Cup in Bandung next week.The Badminton Association of Indonesia's (PBSI) West Java chapter Lutfi Hamid, also the tournament organizers'...

Woman nabbed for possessing ecstasy

Woman nabbed for possessing ecstasy DENPASAR, Bali: A 32-year old woman, claiming to be an Australian was arrested by police at her residence on Jl. Mertasari in the Kerobokan area on Friday for alleged possession of ecstasy pills.The Denpasar police detectives chief Comr.

Arroyo's husband probed over bribery?

Arroyo's husband probed over bribery? MANILA (AP): President Gloria Macapagal Arroyo on Friday took the first step in initiating an investigation into allegations that her husband received bribes in exchange for the recall of her veto of a telecommunications franchise deal.

Jakarta's new leader

Jakarta's new leader The swearing in of Megawati Soekarnoputri as Indonesia's fourth president in the last three fractious years brought an abrupt but largely peaceful end to the ineffectual rule of Abdurrahman Wahid. Mr.

Plan to revive information ministry opposed

Plan to revive information ministry opposed JAKARTA (JP): Dozens of journalists staged a rally in front Merdeka Selatan Palace on Friday urging President Megawati Soekarnoputri to abandon reported plans to revive the Ministry of Information which was dissolved by her predecessor in 1999.

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...

Indonesia must ratify 1951 UN convention

Indonesia must ratify 1951 UN conventionBy Enny Soeprapto JAKARTA (JP): The Convention relating to the Status of Refugees will be 50 years old this July 28. The Convention, originally designed to deal with refugee situations in Europe prior to Jan.

Despite woes. SE Asia can still deliver

Despite woes. SE Asia can still deliverBy Simon Tay TOKYO: The news coming out of Southeast Asia today is almost always negative. Street riots, ethnic clashes, bombs and political in-fighting flash on television screens around the world.

Megawati warns regions of misuse of authority

Megawati warns regions of misuse of authority SUMEDANG, West Java (JP): President Megawati Soekarnoputri warned regional administrations here on Friday not to misuse their authority by competing to acquire natural resources and imposing additional taxes and levies on the public.

Abdurrahman: Achievements and blunders

Abdurrahman: Achievements and blunders Thousands of people gathered outside the Merdeka Palace on Thursday to show their support for former president Abdurrahman Wahid. Noted lawyer Todung Mulya Lubis looks at both sides of the popular leader.

S'pore trade talks won't hurt ASEAN bloc

S'pore trade talks won't hurt ASEAN bloc HANOI (Dow Jones): Bilateral trade talks between Singapore and three of its global trading partners won't hurt efforts of Association of Southeast Asian Nations, or Asean, to negotiate trade deals as a bloc, Singapore's foreign minister told Dow Jones...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 27, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 1,350 0 491,500 Adindo Foresta 110 0 0 AGIS 140 0 232,000 Akbar Indo Makmur 1,150 -400 4,918,500...

Hectic day for Vice President Hamzah Haz

Hectic day for Vice President Hamzah Haz JAKARTA (JP): Hamzah Haz woke up to a whole new world before him on Friday, as the newly elected Vice President was immediately laden with various protocol matters, including a pair of adjutants at his bedroom door and the packing of belongings for his new...

Where to go in Yogyakarta:

Where to go in Yogyakarta:Exhibitions * Graphics and statue by Warsono and Yulianto, Bentara Budaya Yogyakarta, Jl. Suroto 2 (phone: 0274-560404), until July 30. * Installation to Steal and to Provoke by Gusbarlian, Cemeti Art House, Jl. D.I.

Fraudulent ads

Fraudulent adsFrom Media IndonesiaWe have been receiving phone calls recently asking about a joint advertising campaign in the mass media in coincidence with the replacement of the Jakarta Islamic Hospital's board of directors.

Telkom soon to open bid for new satellite launch

Telkom soon to open bid for new satellite launch JAKARTA (JP): State-owned telecommunications company PT Telkom will open the bidding this year for the manufacture and launch of the Telkom-2 satellite.Telkom director for planning and technology Kristiono said on Friday a contract to build and...

India's Gopichand survives Sony's test

India's Gopichand survives Sony's test JAKARTA (JP): All England men's singles champion Pullela Gopichand of India survived a quarterfinals test on Friday over host newcomer Sony Dwi Kuncoro in a tough match in the US$170,000 Sanyo Indonesian Open at the Bung Karno Indoor Stadium.

Three men arrested over taxi hijack

Three men arrested over taxi hijack BOGOR (JP): Police arrested three men who allegedly hijacked a Jakarta taxi from the driver at dawn on Thursday.Bogor Police chief Sr. Comr. Bambang Wasgito said his officers were forced to ram a patrol car into the taxi to force it to stop, after a chase that...

Government's policy on luxury cars comes under fire

Government's policy on luxury cars comes under fireBy Mochammad N. Kurniawan JAKARTA (JP): The government's tax policy on luxury cars has come under fire, with critics saying the low import duty and taxes imposed on these vehicles allows the rich to flaunt their wealth at a time when many...

Street children too, deserve an education

Street children too, deserve an education JAKARTA (JP): Like any other children, poor children in Pedongkelan slum in East Jakarta deserve an education too.About 50 street children seem to enjoy the classes in an informal school in the slum even though they have sit on the floor.

When a lunch is not really just a lunch

When a lunch is not really just a lunchBy Yohana Susanto JAKARTA (JP): Our office complex during lunch hour often reminds me of a bee colony.The queen bees and drones are probably those privileged few relaxing in the open terrace cafe or getting hair treatment in the beauty salon.

Store vandalized and plundered

Store vandalized and plundered TANGERANG (JP): Some 20 men vandalized a store and plundered its merchandise on Friday morning after a customer was slashed by the store owner.Samirin, 28, an eyewitness, said the incident happened after Koko Prayoga, 25, a resident of Sabi village, Balongan...

Scientists warn of more Mount Mayon eruptions

Scientists warn of more Mount Mayon eruptions LEGASPI, Philippines (AFP): About 43,000 people fled the Philippines' rumbling Mayon volcano on Friday amid signs that it could explode for the second day running, officials said.

Sam Poo Kong Temple belongs to everyone

Sam Poo Kong Temple belongs to everyone SEMARANG (JP): A man and his wife are deeply absorbed in prayer in front of Kyai Jangkar altar in the compound of Sam Poo Kong Temple in Semarang, while holding burning incense sticks in their hands, lifting them several times before finally placing them in a...

Rupiah may strengthen to 8,000 against dollar: BI

Rupiah may strengthen to 8,000 against dollar: BI JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin said on Friday the rupiah could strengthen to Rp 8,000 against the U.S dollar, provided political stability would endure to help boost market confidence.

Era building gets bomb threat

Era building gets bomb threat JAKARTA (JP): The National Police bomb squad (Gegana) removed a package thought to contain a bomb from the Menara Era building in Senen, Central Jakarta, on Friday, after an anonymous caller said the building would soon be blown up.

City to buy Timor building for council

City to buy Timor building for council JAKARTA (JP): The city administration said on Friday it planned to purchase the Timor building, located on Jl. Medan Merdeka Timur in Central Jakarta, which would become the new home of the City Council.Currently, the council occupies a building on Jl.

Zimbabwean shot dead over heroin

Zimbabwean shot dead over heroin JAKARTA (JP): City police shot dead a Zimbabwean national at his rented home in Perbanas residential complex in Kuningan, South Jakarta, after he was caught in possession of heroin and tried to escape police arrest on Thursday.

Weekend lineup

Weekend lineup JAKARTA (JP): The following are sports competitions to be broadcast live this weekend on local TV stations (all times are in Jakarta Time):Saturday Indonesia Open Badminton Championships semifinals, RCTI, 1 p.m. Sunday WBA light heavyweight bout: Roy Jones Jr.

'The West Wing' looks at puzzle of Indonesia

'The West Wing' looks at puzzle of IndonesiaBy Antariksawan Jusuf and Haryanto JAKARTA (JP): What is Indonesia? In some Americans' view, it is just a big confusion of a country on the other side of the world, literally and figuratively.

Mandiri may use recapitalization bonds for BII buy

Mandiri may use recapitalization bonds for BII buy JAKARTA (JP): State Bank Mandiri said on Friday it planned using its recapitalization bonds to finance the acquisition of publicly listed PT Bank Internasional Indonesia (BII), amid difficulties to raise revenue.Bank Mandiri president E.C.W.

Indonesia 'must protect' its local service sector

Indonesia 'must protect' its local service sector JAKARTA (JP): Although Indonesia has to join the global efforts to liberalize the service sector, the country should do its utmost to ensure the growth of its local service industry, a senior official of Bank Indonesia said on Friday.

Wakachiku suspended from ODA projects

Wakachiku suspended from ODA projects TOKYO (Dow Jones): Japan's foreign ministry said Friday it has suspended Wakachiku Construction Co. and an unlisted company from receiving orders for Official Development Assistance, or ODA, yen-loan projects, starting today.

Misuse

Misuse Megawati warns regions of misuse of authority. Page 2 July 27 Commemoration of July 27 incident, Mega not present. Page 3 Terror Judge's murder sends 'message of terror' to law enforcers. Page 5 Golf Lewis and McLardy share lead at John Deere Classic.

Qantas offers special fares

Qantas offers special fares JAKARTA (JP): Australian airline Qantas Airways announced on Friday special fares for Indonesian travelers flying to Australia's east coast between July 23 and Dec. 6.The company said in a statement that people traveling to Sydney, Melbourne, Brisbane, or Adelaide could...

Old City of Semarang a cause for preservationists' concern

Old City of Semarang a cause for preservationists' concernBy Tarko Sudiarno SEMARANG (JP): It's mid-afternoon near the Tawang railway station. Dozens of people are engrossed in their fishing and even the busy traffic on the street between the station and the large pond does not seem to disturb them.

Not all NU ulema against Megawati, Sholeh says

Not all NU ulema against Megawati, Sholeh says SURABAYA (JP): Unlike their superiors, a group of Nahdlatul Ulama (NU) followers here voiced their acceptance of the impeachment of Abdurrahman "Gus Dur" Wahid.

On exit tax exemption

On exit tax exemptionFrom Bisnis IndonesiaOne of my cousins has been living in Australia for study purposes for two years now. He was back in Jakarta last week on vacation. On July 16, 2001, he decided to go to Singapore on business.

Serious action warranted

Serious action warranted The fatal shooting on Thursday morning of Justice M. Syafiuddin Kartasasmita, a junior judge for general crimes at the Supreme Court, has spread ripples of terror and alarm throughout the community.

Rights trial

Rights trialCorrection: The founder of the National Commission for Missing People and Victims of Violence (Kontras), Munir, should have been quoted as saying in the article titled "Megawati advised to 'avoid' rights trial" that appeared in the July 26, 2001 edition of The Jakarta Post that he was...

Judges caught between bribery and shooting

Judges caught between bribery and shooting JAKARTA (JP): The murder of Supreme Court justice Syafiuddin Kartasasmita on Thursday has raised the question of whether judges should be allowed to carry guns to protect themselves.

Where to go in Semarang:

Where to go in Semarang:Performances * Band Show by Geronimo Band, Segara Cafe, Graha Santika Hotel's, Jl. Pandanaran 116-120 (phone: 024-8413115), 8 p.m., until July 28. * Concert: Titi DJ Live Show, Graha Santika Hotel's Borobudur Hall, Jl.

House begins deliberating bill on Papuan special autonomy

House begins deliberating bill on Papuan special autonomy JAKARTA (JP): The House of Representatives began deliberating on Friday a bill on special autonomy for Irian Jaya that is hoped will help resolve the problems in the country's easternmost province.

Politicians to dominate Cabinet

Politicians to dominate Cabinet JAKARTA (JP): While President Megawati Soekarnoputri remains silent on the possible lineup of her Cabinet, Vice President Hamzah Haz suggested that most ministers be recruited from political parties in a bid to win the parties' support of the new government.

Commemoration of July 27 incident, Mega not present

Commemoration of July 27 incident, Mega not present JAKARTA (JP): Hundreds of supporters of the Indonesian Democratic Party of Struggle (PDI Perjuangan) commemorated the July 27 tragedy on Friday, despite the absence of party chairperson and President Megawati Soekarnoputri or other senior party...

Rupiah rate July 27

Rupiah rate July 27 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 9,521.00 10,521.00 9,971.00 10,071.00Australian dollar 1 4,842.38 5,356.24 5,071.25 5,127.15Austrian schilling 1 607.64 671.85 636.36 643.11Belgian franc 1 207.27 229.17 217.07 219.

Bomb threat at BNI office

Bomb threat at BNI office PURBALINGGA, Central Java: A mysterious caller threatened to bomb a branch office of Bank Negara Indonesia (BNI) here on Friday, causing an immediate evacuation of bank employees and customers.

Malaysia asked to remove steel import restrictions

Malaysia asked to remove steel import restrictions JAKARTA (JP): Indonesia has demanded Malaysia remove restrictions on steel imports as compensation for the delay in the implementation of the ASEAN Free Trade area's (AFTA) tariff reduction scheme for the neighboring country's automobile industry.

Maneuvers against Megawati

Maneuvers against MegawatiFrom Rakyat MerdekaTogether with former president Abdurrahman "Gus Dur" Wahid's firm resistance, especially at the moment when the People's Consultative Assembly's special session was about to proceed, it was obvious that some of those around Gus Dur were making strong...

Bullets used in shooting 'made by Pindad'

Bullets used in shooting 'made by Pindad' JAKARTA (JP): The bullets used in the fatal shooting of Justice M. Syafiuddin Kartasasmita on Thursday were manufactured by state ammunitions producer, PT Pindad, police said.Chief of National Police Forensics Laboratory (Puslabfor), Brig. Gen. M.

Athletes, officials in allowance row

Athletes, officials in allowance row JAKARTA (JP): Bowlers and horse riders joining the Southeast Asian (SEA) Games training program questioned the National Sports Council (KONI) legal commission about the whereabouts of their monthly allowances on Friday.

Syafiuddin was a quiet, humble person: Family

Syafiuddin was a quiet, humble person: Family JAKARTA (JP): Before Thursday, one could only have imagined it as a scene from the movie The Godfather or from a John Grisham novel.A judge, who handled top criminal cases and was renowned for refusing bribes, was assassinated in broad daylight during...

Third defeat for RI team

Third defeat for RI team JAKARTA (JP): The Indonesian women's basketball team lost to the junior Cantonese team 58-86 in a friendly match on Friday in the Kuala Lumpur Southeast Asian (SEA) Games warm-up.Team manager Max B.

E. Timor refugees renew demand

E. Timor refugees renew demand MAKASSAR, South Sulawesi: Eurico Guterres, one of the East Timorese prointegration leaders, has urged President Megawati Soekarnoputri and Vice President Hamzah Haz to pay greater attention to the fate of about 111,000 East Timorese refugees currently living in...

Don't forget common people

Don't forget common peopleFrom Bisnis IndonesiaI congratulate Megawati Soekarnoputri on her appointment as the country's president and Hamzah Haz as the vice president.As one of those who voted for the Indonesian Democratic Party of Struggle (PDI Perjuangan) in the last election, I would like to...

ASEAN told to match words with action

ASEAN told to match words with action HANOI (Reuters): Southeast Asian foreign ministers on Friday wrapped up a week of meetings with world powers on resolving regional conflicts and winning help for their troubled economies, but critics said the forum was all talk and no action.