Indonesian Political, Business & Finance News

Archive: 16 August 2001

76 articles found

No paper

No paper In observance of the Indonesian Independence Day, The Jakarta Post will not be published on Friday. The Post will appear again on Saturday. -- Publisher

Tommy, ultimatum and the reward

Tommy, ultimatum and the rewardFrom Media IndonesiaThe public's attention has been drawn to the police's recent success stories, such as the arrests of people related to drug- dealing, thefts of vehicles and the latest confiscation of weapons at an apartment in Pondok Indah, indicate the alleged...

Sports organizations told to submit financial reports

Sports organizations told to submit financial reports JAKARTA (JP): Sports organizations under the National Sports Council (KONI) have been ordered to submit administrative and financial reports on time to avoid delays in disbursements of a government assistance fund for athletes preparing for the...

TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Environment 8:45 City News 10:00 Children's Program 10:30 30 Minutes with Anita Rahman 11:00 Regional News 12:00 p.m. News 1:00 Psychology 2:00 News 2:15 Student's Debating 3:15 Children's Program 4:30 Regional Program 5:00 News 5:30 Music...

Utut waits for a miracle

Utut waits for a miracle JAKARTA (JP): Indonesian Grand Master (GM) Utut Adianto looks set to abandon his dreams of playing in the 2001 World Chess Championship after losing his eighth-round match at the Asian qualifier in Calcutta on Tuesday.

JP/8/Caption --- D

JP/8/Caption --- DJP/Murdani Usman BALINESE STYLE: Unlike in other parts of the country, the Balinese hoist a traditional flag called Umbul-Umbul alongside the red-and-white flags, adding gaiety to the celebrations.

Laksamana's priorities

Laksamana's priorities By James Castle and Todd Callahan JAKARTA (JP): President Megawati Soekarnoputri's new government brings with it the hope that privatization and IBRA asset sales can be put back on track. 2. NYUSUL3. 4Iraq -- Iraq, Palestine and the U.S.

'Govt debt rating target difficult' (3 X 15)

'Govt debt rating target difficult' (3 X 15)'Govt debt rating target difficult' Analysts call govt debt rating target difficult 2. RETAILImported good prices to lower on rupiah (2 X 21)Imported good prices to lower on rupiah Prices of imported goods to lower on rupiah's rise 3.

Deception via phone

Deception via phoneFrom Suara KaryaMany Immigration chiefs all over Indonesia and immigration representatives abroad, as well as the public, particularly the owners of companies hiring foreign employees, have received calls from an unidentified person claiming to be the aide as well as the...

Malaysian embassy assailant gets 21 years jail term

Malaysian embassy assailant gets 21 years jail term JAKARTA (JP): A 35-year-old man was sentenced on Wednesday to 21 years and four months in jail for hurling a grenade into the Malaysian Embassy compound and illegal possession of a grenade.

Lower interest rates await Fed rate cut, says govt (2 X 25)

Lower interest rates await Fed rate cut, says govt (2 X 25) Lower interest rates await Fed rate cut: Govt JAKARTA (JP): The government said on Wednesday it expected Bank Indonesia's interest rates to fall after the United States' Federal Reserves lowered its rates sometime in late August.

Tigers deny 'official talks' with Sri Lankan minister

Tigers deny 'official talks' with Sri Lankan minister COLOMBO (AFP): The Tamil Tiger guerrillas Wednesday denied holding talks with a Sri Lankan minister but said they had provided security for him during a Catholic pilgrimage to a rebel-held area.

Tangerang to build bus terminal

Tangerang to build bus terminal Tangerang (JP): The Tangerang administration is scheduled to start construction of an integrated bus terminal in Poris Plawad district next month, an official said on Wednesday.

Port sediment stops fishermen

Port sediment stops fishermen CILACAP, Central Java: About 20,000 fishermen in Cilacap, Central Java, are unable to travel out to sea to fish due to mounting sediment downriver of the Kaliyasa that flows through Sentolo Kawat port."About 1.

Police target Tommy's friends for questioning

Police target Tommy's friends for questioning JAKARTA (JP): The police, still in the dark over Hutomo "Tommy" Mandala Putra's whereabouts, will question his close friends, former singer Maya Rumantir and former artist Yenny Rachman, on Friday.

NGOs and the challenge of good management

NGOs and the challenge of good managementBy Chris W. Green JAKARTA (JP): "If you don't know where you're going, you'll probably end up somewhere else." That was the title of a book given to me many years ago by my boss.

Analysts call govt debt rating target difficult

Analysts call govt debt rating target difficult JAKARTA (JP): The new economic team's plan to upgrade the country's credit rating from CCC+ to BB within six months may prove to be a difficult task, with a gaping state budget deficit crippling the country's ability to repay debts, analysts said on...

Megawati's ASEAN tour

Megawati's ASEAN tourFrom KompasSince Megawati was propelled to the helm of the presidency of this country, she has yet to take a single significant measure or adopt a clear policy to respond to the pressing economic recovery or urgent demands to restore security and political stability.

Rupiah Rates Aug. 15

Rupiah Rates Aug. 15 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,950.00 8,950.00 8,408.00 8,492.00Australian dollar 1 4,146.72 4,672.80 4,385.61 4,433.67Austrian schilling 1 522.23 588.24 552.31 558.14Belgian franc 1 178.14 200.65 188.40 190.

'Makepung' bull-racing, a Balinese sporting tradition

'Makepung' bull-racing, a Balinese sporting traditionBy Murdani Usman NEGARA, West Bali (JP): Ornaments adorning the bulls shake to a regular rhythm as the animals pave their way along the two kilometer-long racing track, which is on most days just a dusty and dirty road bordering the paddy fields.

700 schools heavily damaged

700 schools heavily damaged TANGERANG (JP): At least 700 of a total of 987 state elementary school buildings in 26 districts of Tangerang regency are heavily damaged and need immediate renovation, an official said."The Tangerang administration can only allocate Rp 25.

JAKARTA (JP): One can never foresee what is going to happen in

JAKARTA (JP): One can never foresee what is going to happen in one's life. Neither could Matsani, who died on Tuesday after being mobbed by pedicab (becak) drivers in Roxy area, Central Jakarta.Matsani, a civilian guard (Hansip), usually worked as a guard at the Petamburan subdistrict office.

Sarinah offers scholarship

Sarinah offers scholarship JAKARTA (JP): No less than 120 elementary and junior high school students will be offered scholarships for the current school year from PT Sarinah, the oldest department store in the country.

2. 4green --

2. 4green -- 1 x 40 36 pt optima bold NGOs and the challenge of good management By Chris W. Green JAKARTA (JP): "If you don't know where you're going, you'll probably end up somewhere else." That was the title of a book given to me many years ago by my boss.

Foreign policy in a democratic Indonesia

Foreign policy in a democratic IndonesiaBy Meidyatama Suryodiningrat JAKARTA (JP): Historic commemorations are always a good time for reflection, particularly during the nation's Aug. 17 Independence Day.

RI becoming economically more dependent on foreigners

RI becoming economically more dependent on foreignersBy Rikza Abdullah Indonesia will have been politically independent for 56 years tomorrow, but economically it has been getting more dependent on foreigners.

Ban sugar import: Farmers

Ban sugar import: Farmers JAKARTA (Reuters): Indonesian sugar producers asked the government to ban imports until the harvest ends in November, the state-run Sugar Council said on Wednesday.Council Executive Director Tjolosewoko said recent sharp gains in the rupiah against the dollar had made...

Prices of imported goods to lower on rupiah's rise

Prices of imported goods to lower on rupiah's rise JAKARTA (JP): Retailers will lower the prices of imported goods on sale in their stores over the next two or three months as a result of the rupiah's strengthening against the U.

Retailers plan to lower prices in wake of stronger rupiah

Retailers plan to lower prices in wake of stronger rupiah JAKARTA (JP): Retailers will lower the prices of imported goods on sale in their stores over the next two or three months as a result of the rupiah's strengthening against the U.

Malaysian embassy assailant gets 21 years jail term

Malaysian embassy assailant gets 21 years jail term JAKARTA (JP): A 35-year-old man was sentenced on Wednesday to 21 years and four months in jail for hurling a grenade into the Malaysian Embassy compound and illegal possession of a grenade.

Terrorism: Questions unasked

Terrorism: Questions unasked The Jakarta Post's story Intelligence set to counter terrorism (Aug. 15, 2001) was worrying. Not just for what was said, but because of questions left unasked.You begin your story by quoting a "reliable military intelligence source" who detailed foiled bomb attacks on...

Megawati plans to hold dialog with Acehnese

Megawati plans to hold dialog with Acehnese JAKARTA (JP): President Megawati Soekarnoputri will visit the strife-torn province of Aceh and hold meetings with the Acehnese in the first week of September as part of a bid to quell Acehnese calls for independence.

1. Tommy - 48 MM, 3 cols, 3 lines, 3x 15

1. Tommy - 48 MM, 3 cols, 3 lines, 3x 15 Police target Tommy's friends for questioning 2. Iwan - 28 HBC, 3 cols, 2 lines, 2x24 Man sentenced to 21-years jail for attack on embassy 3. Ismu - 32 HBC, 3 cols, 1 line, 1x19 JSX bomber 'framed'4.

Where to go in Bali:

Where to go in Bali:Exhibitions * Arts: Hierarchy by Koniherawati, Seniwati Showspace, Jl. Raya Ubud (Phone: 0361 975485), 9 a.m. to 5 p.m., until Aug. 29. * Kebiar Seni VII Taksu, Museum Puri Lukisan, Jl. Raya Ubud, Gianyar (Phone: 0361 975136), until Oct. 2.

Fresh start in Jakarta

Fresh start in Jakarta The new government in Indonesia, gives hope after years of drift. President Megawati Soekarnoputri has won praise for a cabinet that favored professionalism over politics. But the massacre of at least 30 civilians in a province on Thursday was evidence of the challenges...

Sudjana Kerton's virtues exposed

Sudjana Kerton's virtues exposedBy Carla Bianpoen JAKARTA (JP): When the seventh-day tahlilan (special Muslim prayers for the dead) for artist Sudjana Kerton filled the mountain air enfolding his studio and home Sanggar Luhur (Noble Workshop) on a hilltop in Bandung, it was as if the persons...

U.S. Dollar Rates August.15

U.S. Dollar Rates August.15 Latest Previous %Change Yen 120.31-37 121.79-85 -1.22Euro* 0.9105-08 0.9032-36 +0.81Sterling 1.4364-70 1.4286-92 +0.55Swiss Franc 1.6665-75 1.6778-88 -0.67Canadian Dollar* 1.5322-28 1.5360-66 -0.25Australian Dollar* 0.5275-80 0.5218-23 +1.09New Zealand Dollar 0.4338-44 0.

Laksamana Sukardi's priorities

Laksamana Sukardi's prioritiesBy James Castle and Todd Callahan JAKARTA (JP): President Megawati Soekarnoputri's new government brings with it the hope that privatization and IBRA asset sales can be put back on track.

Govt debt rating target difficult: Analysts

Govt debt rating target difficult: Analysts JAKARTA (JP): The new economic team's plan to upgrade the country's credit rating from CCC+ to BB within six months may prove to be a difficult task, with a gaping state budget deficit crippling the country's ability to repay debts, analysts said on...

Indonesia becoming fertile soil terrorists: Experts

Indonesia becoming fertile soil terrorists: Experts JAKARTA (JP): With an unstable security situation and well- entrenched separatist movements, Indonesia has become fertile soil for international terrorist groups to sow seeds of violence, experts said on Wednesday.

2nd quarter GDP surprising BPS report

2nd quarter GDP surprising BPS report JAKARTA (JP): The economy grew by a surprising 3.52 percent in the second quarter of this year compared to the same period last year, despite a world economic slowdown and domestic political problems.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Aug 15, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 1,525 -50 260,000 Adindo Foresta 105 -5 60,000 AGIS 140 0 408,000 Akbar Indo Makmur 1,625 0...

Next WTO chief urges ASEAN to integrate production networks

Next WTO chief urges ASEAN to integrate production networks BANGKOK (AFP): The World Trade Organization's next chief Supachai Panitchpakdi has urged Southeast Asian nations to form integrated production networks demanded by multinational corporations, a report said Wednesday.

Governor declares war against 'becak'

Governor declares war against 'becak' JAKARTA (JP): City Governor Sutiyoso, backed by the city police, declared war against becak (pedicab) drivers following Tuesday's riot which killed one civilian guard and injured two others.

Adhiyasa, Guthrie asked to settle case out of court

Adhiyasa, Guthrie asked to settle case out of court JAKARTA (JP): The South Jakarta District Court is urging PT Adhiyasa Saranamas and Malaysia's Kumpulan Guthrie Berhad to settle their dispute amicably out of court."We adjourned the trial until Aug.

Aceh

Aceh Megawati plans to hold dialog with Acehnese. Page 2 Bomber JSX bomber 'framed'. Page 3 Tommy Tommy still well protected: Criminologist Page 5Bull-racing 'Mekepung' bull-racing, a Balinese sporting tradition. Page 7Dependence RI becoming economically more dependent on foreigners.

JSX bomber 'framed'

JSX bomber 'framed' JAKARTA (JP): The owner of a car repair shop who is facing a possible death sentence for the bombing of the Jakarta Stock Exchange building told the court on Wednesday that he was a scapegoat and had been framed.

Ministers warned of nepotism

Ministers warned of nepotism JAKARTA (JP): In an effort to create clean governance, President Megawati Soekarnoputri has told ministers and director generals in all ministries not to award any projects to or bestow any unlawful benefits on her children and other family members.

Where do we stand?

Where do we stand? Tomorrow, Aug. 17, Indonesians will commemorate their country's 56th anniversary of independence. As has become the tradition, the crisis-strapped nation will be celebrating that grand occasion with thanksgiving gatherings and festivities as well as conditions allow.

Proclamation Day in 1945 and 2001

Proclamation Day in 1945 and 2001From Media IndonesiaThe Republic of Indonesia was proclaimed on Aug. 17, 1945, a Friday. Coincidentally, this year's commemoration will be on a Friday too. The proclamation of Indonesia's independence on that day was read by Indonesia's first president, Ir.

U.S. rethinking ties to Asia groups

U.S. rethinking ties to Asia groups WASHINGTON (Reuters): The Bush administration, girding for battle for influence in Asia, is rethinking its relationship to regional organizations there, according to U.S. officials.

Lower interest rates await Fed rate cut, says minister

Lower interest rates await Fed rate cut, says minister JAKARTA (JP): The government said on Wednesday it expected Bank Indonesia's interest rates to fall after the United States' Federal Reserves lowered its rates sometime in late August.

Supernatural power guard new statue

Supernatural power guard new statueBy Tri Vivi Suryani JIMBARAN, Bali (JP): A giant Garuda Wisnu Kencana statue and cultural park on top of Ungasan Hill in Jimbaran will soon become a new landmark and tourist destination in Bali.

Posthumous award granted to Lopa

Posthumous award granted to Lopa JAKARTA (JP): President Megawati Soekarnoputri granted the second highest state medal Mahaputra Adiprana posthumously to the late attorney general Baharuddin Lopa on Wednesday.

Herry elected Yogya mayor

Herry elected Yogya mayor YOGYAKARTA (JP): Businessman Herry Zudianto was elected on Wednesday as the new Yogyakarta Municipality mayor, defeating his competitor Endang Dharmawan in a closed-door voting session at the Yogyakarta Legislative Council.

12 detained over Malangke fray

12 detained over Malangke fray MALANGKE, South Sulawesi (JP): Luwu Police detained on Wednesday 12 residents of Malangke district following an arson attack on a police complex here on Sunday.The 12 men were detained at Luwu Police station, some 100 kilometers from Malangke, Luwu Police chief Adj.

700 schools heavily damaged

700 schools heavily damaged TANGERANG (JP): At least 700 of a total of 987 state elementary school buildings in 26 districts of Tangerang regency are heavily damaged and need immediate renovation, an official said."The Tangerang administration can only allocate Rp 25.

RP troops may lose morale, says officer

RP troops may lose morale, says officer MANILA (Agencies): A Philippine military official warned on Wednesday that an offensive against Abu Sayyaf rebels holding 18 American and Filipino hostages may be adversely affected by allegations that some armed forces officials were coddling the extremists.

10 killed in two incidents in Ambon

10 killed in two incidents in Ambon AMBON, Maluku (JP): At least 10 people were killed in two separate incidents in Ambon on Wednesday, an official and reports say.The latest incident took place around 8 a.m.

ASEAN urged to integrated production

ASEAN urged to integrated production BANGKOK (AFP): The World Trade Organization's next chief Supachai Panitchpakdi has urged Southeast Asian nations to form integrated production networks demanded by multinational corporations, a report said Wednesday.

In the shadow of Lopa

In the shadow of Lopa The crusade to create a clean and democratic government is no easy job for developing nations, especially Indonesia which has been widely known as one of the most corrupt countries on this planet.

Policeman offering compromise

Policeman offering compromise On Aug. 13 evening, I was driving a car from the National Monument toward Grand Hyatt Hotel. When turning right to get into the Hotel Indonesia roundabout, I took the wrong lane, as a policeman on duty who stopped and later ticketed me, said.

Reforming Indonesia

Reforming Indonesia Indonesia's President Megawati Soekarnoputri is exceeding expectations left and right. Last week she awarded the most important positions in her cabinet to well-respected technocrats, doling out lesser posts to her coalition partners, and the markets gave their nod of approval.

Taufik advances but Gophicand makes exit

Taufik advances but Gophicand makes exit JAKARTA (JP): Men's singles seeded players at the US$140,000 Singapore Open produced a mixed bag of results in the opening round on Wednesday, with Indian All-England champion Pullela Gopichand being the major casualty.

Medco develops local community to improve living conditions

Medco develops local community to improve living conditions There's nothing more important than better living conditions in terms of quality and welfare. Everyone has the right to keep pace with each development.

KL palmoil ends lower on liquidation

KL palmoil ends lower on liquidation KUALA LUMPUR (Reuters): Malaysia's palm oil futures ended sharply lower on Wednesday after players liquidated their positions due to the absence of fresh leads.The benchmark third-month October contract ended down 52 ringgit at 1,211 ringgit (US$318.

Tommy still well protected, says criminologist Harkristuti

Tommy still well protected, says criminologist Harkristuti The case of the fugitive businessman and son of Soeharto, Hutomo "Tommy" Mandala Putra, is among this country's crime cases containing many curious twists. Criminologist Harkristuti Harkrisnowo talks to The Jakarta Post contributor I.

Supporting Megawati's Cabinet

Supporting Megawati's CabinetFrom Koran TempoThe new Cabinet has been set up, with the ministers comprising a variety of backgrounds, just like the diversity of our nation. Many hopes are pinned on Megawati, whose leadership is expected to last until 2004.

East Nusa Tenggara remains poor

East Nusa Tenggara remains poorBy Yemris Fointuna KUPANG, East Nusa Tenggara (JP): East Nusa Tenggara or NTT, the southeast province of 566 islands, has a large wealth of untapped natural resources in its arid land and vast waters.The people of NTT, or Flobamora, are hospitable and hard working.

A nostalgic look at yesterday's cigarette labels

A nostalgic look at yesterday's cigarette labelsText and photos by Blontank Poer SEMARANG (JP): Cigarettes have been both loved and hated for a long time now. Active smokers will still purchase them regardless of the deadly consequences of cancer, heart failure or other diseases.

Policeman offering compromise

Policeman offering compromise On Aug. 13 evening, I was driving a car from the National Monument toward Grand Hyatt Hotel. When turning right to get into the Hotel Indonesia roundabout, I took the second lane instead of the first one as a police officer on duty, who stopped and later ticketed me,...

PKB finally accepts Megawati's government

PKB finally accepts Megawati's government JAKARTA (JP): The National Awakening Party (PKB), a staunch supporter of former president Abdurrahman Wahid, finally decided to acknowledge the new government under President Megawati Soekarnoputri in its two-day meeting that ended early Wednesday.

Man sentenced to 21-years jail for attack on embassy

Man sentenced to 21-years jail for attack on embassy JAKARTA (JP): A 35-year-old man was sentenced on Wednesday to 21 years and four months in jail for hurling a grenade into the Malaysian Embassy compound and illegal possession of a grenade.

Tamarine leads world tennis stars to Bali

Tamarine leads world tennis stars to Bali SURABAYA (JP): Tamarine Tanasugarn will head a pack of tennis players ranked in the world's top 100 to Bali as the Wismilak International women's tournament returns to Indonesia after a lapse of three years.

U.S. said rethinking ties to Asia groups

U.S. said rethinking ties to Asia groups WASHINGTON (Reuters): The Bush administration, girding for battle for influence in Asia, is rethinking its relationship to regional organizations there, according to U.S. officials.

'Becak' raid causes tragic death of civilian guard

'Becak' raid causes tragic death of civilian guard JAKARTA (JP): One can never foresee what is going to happen in one's life. Neither could Matsani, who died on Tuesday after being mobbed by pedicab (becak) drivers in Roxy area, Central Jakarta.