Indonesian Political, Business & Finance News

Archive: 25 August 2001

72 articles found

Court acquits bombing suspect

Court acquits bombing suspect JAKARTA (JP): The East Jakarta District Court has acquitted an Acehnese student, who earlier faced a possible 15-year prison sentence for his alleged role in the bombing of the Jakarta Stock Exchange building. Presiding judge Mansyur Nasution said in the verdict announced on Friday that there was no strong evidence proving that Iswadi H.

Italian accused of molestation

Italian accused of molestation DENPASAR, Bali (JP): An Italian national suspected of sexually molesting eight minors will remain in police custody despite the fact that his visa expires on Saturday, a high-ranking police official said. Buleleng Police chief Adj. Sr. Comr. HM Syafei said on Thursday evening that the 67-year-old man, identified only as "Mar", was the prime suspect in the crime.

[b]Indonesians must learn how

Indonesians must learn how to be proud of their nation By Simon Marcus Gower TANGERANG, Banten (JP): It has been a long road to recovery from the depths of crises that first took hold in 1997. It is unfortunate that the shadows that those dark clouds of economic depression cast still linger over Indonesia. But this country benefits little from continued pessimism.

Rupiah Rates Aug.24

Rupiah Rates Aug.24 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

Two finals berths for RI shuttlers in Manila tourney

Two finals berths for RI shuttlers in Manila tourney JAKARTA (JP): Making amends for their poor results in the singles events, Indonesian shuttlers showed their domination in doubles by placing eight pairs in the semifinals of the US$150,000 JVC Asian Badminton Championships in Manila. Four of the pairs, two in the men's doubles and another two in the mixed doubles, lined up an all-Indonesian affair, meaning that Indonesia has already secured a final berth in each of the events.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Aug.24, 2001: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 1,525 -25 63,000 Adindo Foresta 110 5 10,000 AGIS 135 0 30,500 Akbar Indo Makmur 1,825 125 2,206,500 Alakasa 320 0 0 Alfa Retailindo 950 25 62,000 Alter Abadi 80 0 0 Alumindo Light 675 0 0 Andhi Chandra 2,025 0 0 Aneka Kimia Raya 210 0 0 Aneka Tambang 1,000 0 1,738,000 Apac Citra 360 10 36,000 Aqua...

Mixed reactions to planned searches

Mixed reactions to planned searches JAKARTA (JP): The public gave mixed reactions on Friday over the city police's plan to launch three operations to search for weapons and explosives, fight crimes against public transportation vehicles and enforce traffic regulations. "I think it's good if the police seriously conducted such operations," Yusnaini, a housewife from Ciputat, South Jakarta, said. City police spokesman Sr. Comr.

Why not compromise?

Why not compromise? After years of absence, the becak, that humble three-wheeled pedicab which the city administration has been trying without much success to remove from the capital's streets, is back on the road -- and in the news. The incident that shocked Jakarta's citizens into realizing that the city administration had not entirely succeeded in banishing the hardy becak from Jakarta came on Tues. Aug.

Singapore buys 12 choppers from U.S.

Singapore buys 12 choppers from U.S. SINGAPORE (AP): Singapore has signed an agreement to buy 12 Apache attack helicopters from the United States, officials in the wealthy Southeast Asian city-state said on Friday. Pilots and crew from the Singapore Armed Forces will use the helicopters for training in the United States, the Defense Ministry said in a statement. Singapore and the United States signed an agreement for the deal on Monday, the statement said.

Asian markets cautious, HK shares dip

Asian markets cautious, HK shares dip SINGAPORE (Agencies): Hong Kong sank over two percent on Friday while Tokyo drifted after hitting a 17-year low a day earlier to cap a largely dismal week for Asian equities hit by fears of a worsening U.S. economy. Taiwan fell more than three percent to end at a four-week low on expectations of poor first-half corporate earnings, Seoul edged a touch lower and Singapore shed 0.66 percent.

Australian FM welcomes Bougainville peace treaty

Australian FM welcomes Bougainville peace treaty CANBERRA (AFP): Australia applauded Friday Papua New Guinean moves to sign a peace treaty that signals the end of a secessionist war on the restive island of Bougainville. Foreign Minister Alexander Downer and his opposition counterpart Laurie Brereton will travel to Bougainville next week to witness the signing of the ground-breaking treaty.

Police seize 8,000 ecstasy pills, arrest for in major drug bust

Police seize 8,000 ecstasy pills, arrest for in major drug bust JAKARTA (JP): Police have arrested four people believed to be members of a drug syndicate, seizing nearly 8,000 ecstasy pills from the suspects, an officer said on Friday. City police spokesman Sr. Comr. Anton Bachrul Alam identified the suspects as Irwan, Fanny, Avon (alias Andreas Prasetio) and Asue. Irwan was apprehended on Monday at his residence in Pluit, North Jakarta.

Aceh safe for President's visit, Widodo says

Aceh safe for President's visit, Widodo says JAKARTA (JP): Despite continued security disturbances in certain parts of Aceh, the strife-torn province is safe for the planned visit of President Megawati Soekarnoputri early September, says Indonesian Military Commander Adm. Widodo A.S. "Overall the province is secure.

Newborn baby found dead

Newborn baby found dead JAKARTA (JP): A newborn female baby, with a brown scarf around her neck, was found dead in the Ciliwung river near Menteng Pulo in Central Jakarta on Thursday afternoon. Second Insp. Suyud, the Menteng Subdistrict police's head of detectives, said that the corpse became hooked onto the fishing line of Junaedi, 35, a resident of Menteng Pulo, who was fishing at the location. A shocked Junaedi told local residents about the corpse.

IMF assures CGI of Indonesian progress

IMF assures CGI of Indonesian progress JAKARTA (JP): The International Monetary Fund (IMF) assured on Friday Indonesia's major donors grouped under the Consultative Group on Indonesia (CGI) of the country's progress in meeting economic reform targets.

Concern over porn VCDs

Concern over porn VCDs From Media Indonesia In this era of advanced technology, people have invented a clever flat circular object called the VCD. Unfortunately, many of them contain readily available pornography. Recently, I was shocked to learn that a teenager had bought a VCD of Indonesian songs featuring a naked women dancing to the music. I would like to ask the producers a simple question: "Do VCD sellers get more profit from selling pornographic movies?

'Serambi Indonesia' resumes publication

'Serambi Indonesia' resumes publication BANDA ACEH: Banda Aceh-based daily Serambi Indonesia resumed publication on Friday after suspending printing on March 11 for security reasons. The eight-page daily had to stop publishing due to threats from Free Aceh Movement (GAM) separatist rebels, who alleged that its daily reports on events in Aceh were unbalanced. In its editorial, the newspaper pledged to continue to take a neutral stance in reports on conflicts and the situation in Aceh.

Mega-Hamzah govt better

Mega-Hamzah govt better From Rakyat Merdeka The partnership between President Megawati and Vice President Hamzah Haz has resulted in signs of improvement in the national economy as indicated by the rupiah strengthening against the U.S. dollar. In accordance with the mutual cooperation spirit of the present Cabinet I propose ten exemplary deeds that should be shown by Megawati and Hamzah.

State accounts receivable

State accounts receivable From Bisnis Indonesia One potential state asset that could create fresh funds is state accounts receivable resulting from bad debts at state banks. But these accounts would have to be converted into liquid assets first.

NGOs reject bill on state secrecy

NGOs reject bill on state secrecy JAKARTA (JP): A number of non-governmental organizations (NGOs) grouped under the Coalition for Freedom to Information said on Friday that they were against the bill on state secrecy currently being deliberated at the House of Representatives (DPR). "If the bill is passed into law, it will be a disaster (for freedom to information).

IBRA to sell Indosiar, seven other Salim firms

IBRA to sell Indosiar, seven other Salim firms JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) announced on Friday plans to sell eight companies formerly owned by the giant Salim Group, including the publicly listed television network PT Indosiar Visual Mandiri. IBRA chairman I Putu Gede Ary Suta said he expected the biggest gain to come from the sale of Indosiar, as the agency steps up its effort to achieve a 2001 proceeds target of Rp 27 trillion (US$3.1 billion).

Wither Indonesian tourism?

Wither Indonesian tourism? Saving Indonesia's tourist industry By Imam Syafii JAKARTA (JP): With the appointment of Indonesia's new president and vice president, followed by the installment of the Gotong Royong Cabinet, the country's tourist industry hopes the new government will bring political stability and economic growth.

Indonesia, Taiwan air accord

Indonesia, Taiwan air accord TAIPEI (AFX): The Civil Aeronautics Administration with the Ministry of Transportation and Communications said Taiwan and Indonesia representatives signed contracts here on the amendment of their air accord involving expanded routes and flights.

Kopassus helps police curb terrorism

Kopassus helps police curb terrorism JAKARTA (JP): National Police chief Gen. Surojo Bimantoro admitted on Friday to having asked for backup from the Army's Special Force (Kopassus) in police efforts to fight terrorism. "Twenty-five Kopassus members from the antiterrorism group are now helping us at Jakarta Police headquarters," Bimantoro said. Jakarta, according to Bimantoro, was considered to be the main target for terrorists. Medan and Surabaya could also be targets, he added.

Malaysia sends Indonesia teacher to camp

Malaysia sends Indonesia teacher to camp KUALA LUMPUR (Agencies): The Malaysian government has ordered an Islamic teacher from Indonesia to be held without trial for two years at a prison camp for alleged involvement in a local militant group, police said on Friday.

Budget for governor's wardrobe to be reviewed

Budget for governor's wardrobe to be reviewed JAKARTA (JP): You are what you wear. That must be what Governor Sutiyoso had in mind when proposing an increase in the allowance for his official wardrobe from Rp 40 million to Rp 60 million for this year. And while the city councillors are finding themselves in hot water for having too much fun during their overseas trips, the governor has also proposed an increase in the allocation for his official trips from Rp 165 million to Rp 445 million.

Chess team lacks fund

Chess team lacks fund JAKARTA (JP): The Indonesian Chess Association (Percasi) has been expecting financial support for the SEA Games training program, but KONI says there is no funding allocation for the chess team. The association is preparing nine players -- five men and four women -- for the chess competition at the SEA Games, to be held in Kuala Lumpur from Sept. 8 to 17.

UN troops nab activists in East Timor

UN troops nab activists in East Timor DILI, East Timor (Agencies): Two activists from East Timor's front-runner party Fretilin have been arrested for allegedly using threats in campaigning for the territory's first democratic elections, UN officials said on Friday. They were arrested in the southern border town of Suai earlier this week by United Nations civilian police officers and are being held in Dili's Becora prison.

Quarantine center remains unrepaired

Quarantine center remains unrepaired By Emmanuelle Annastashya JAKARTA (JP): The immigration quarantine facility in Kalideres, West Jakarta, which was damaged by fire in April, has not yet been repaired due to a lack of funds, even though half of the building was destroyed. "We are still waiting for the finance department to process the budget," said Tinggartomanu, chief of quarantine supervision at the Directorate General of Immigration.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Rotterdam Waterfront, Erasmus Huis, Jl. H.R. Rasuna Said, Kav S-3, Kuningan, South Jakarta (Phone: 5241069), until Sept. 22. * Painting 66th Marah Djibal, Galeri Milenium, Golden Plaza complex, Blok B-23, Jl. R.S. Fatmawati No. 15, South Jakarta (Phone: 7507828), 10 a.m. to 8 p.m., until Aug. 26. * Painting Transformasi Kita, Galeri Canna, Jl. Boulevard Barat Raya, Blok LC 6 no. 33, North Jakarta (Phone: 4526429), Monday to Friday 10 a.m.

NGOs reject state secrecy bill

NGOs reject state secrecy bill JAKARTA (JP): A number of non-governmental organizations (NGOs) grouped under the Coalition for Freedom to Information said on Friday that they were against the bill on state secrecy currently being deliberated at the House of Representatives (DPR). "If the bill is passed into law, it will be a disaster (for freedom to information).

Where to go in Yogyakarta:

Where to go in Yogyakarta: Exhibitions * Painting by a.m.erican Tina M. Ward, Finland Teronaoha, and Indonesian Ade Darmawan, Cemeti Art House, Jl. D.I. Panjaitan 41 (phone: 0274-371015, e-mail:cemetiah@indosat.net.id), until August 31. * French Postcard, Bentara Budaya Yogyakarta, Jl. Suroto 2 (phone: 0274-560404), until Aug. 31. * Painting by a.m.erican Swarm Tina M. Ward, Finland Teronaoha, and Indonesian Ade Darmawan, Cemeti Art House, Jl. D.I.

Batam's exit tax viewed negatively by business

Batam's exit tax viewed negatively by business BATAM, Riau (JP): The imposition of exit tax on Indonesian passport holders from Batam Island as of January 2002 could become a disincentive for the business sector, a leading entrepreneur has indicated.

25 Kopassus members to help police curb terrorism

25 Kopassus members to help police curb terrorism JAKARTA (JP): National Police chief Gen. Surojo Bimantoro admitted on Friday to having asked for backup from the Army's Special Force (Kopassus) in police efforts to fight terrorism. "Twenty-five Kopassus members from the antiterrorism group are now helping us at Jakarta Police headquarters," Bimantoro said. Jakarta, according to Bimantoro, was considered to be the main target for terrorists. Medan and Surabaya could also be targets, he added.

PERFORMANCE SCHEDULE

PERFORMANCE SCHEDULE .TB.50" 3.50" 4.00" 5.00" 5.50" 6.50" NO GROUPS COUNTRY SHOWTIME 1. Strange Fruit Aus 27-28/8 8pm Plaza Senayan 2. Pappa Tarahumara Jpn 28-29/8 8pm GBB-TIM 3. Farida Oetojo Ina 29-30/8 8pm GKJ 4. Guangdong Modern Dance Chn 31/8-1/9 8pm GBB-TIM 5. I Nyoman Windha Ina 1-2/9 8pm GKJ 6. A.L. Suwardi Ina 5-6/9 8pm GKJ 7. Rachman Sabur Ina 7-8/9 8pm GBB-TIM 8. Tarantula Hypertext O'rchestra Ita 9-10/9 8pm GKJ 9. Black Tent Theatre Jpn 12-13/9 8pm GBB-TIM 10.

Do not be discouraged

Do not be discouraged On Aug. 21, 2001, The Jakarta Post reported that the central government was planning to send a high-powered team to Aceh, led by the coordinating minister for political and security affairs, a very experienced and learned retired general.

Girl killed, cut into pieces

Girl killed, cut into pieces KUPANG, East Nusa Tenggara: Police arrested a man here on Friday following the discovery of a girl's body near Lasiana Beach in Kupang regency. DS was apprehended only eight hours after residents found the body of Nur Indrayati near Lasiana Beach, located around six kilometers from Kupang, the capital of East Nusa Tenggara. Nur's body had been cut to seven pieces, East Nusa Tenggara Police chief Brig Gen. Jacky Uly told Antara.

Cheetahs, Prambors to clash in final

Cheetahs, Prambors to clash in final JAKARTA (JP): Top two baseball teams Cheetahs and Prambors are set for a finals rematch in the 3rd Cheetahs Cup at the Bung Karno Baseball Stadium here on Saturday. Both teams will be vying for the championship trophy, a repeat of last year's final which was won by the Cheetahs after both teams won their semifinal matches on Friday. Two-time champion Cheetahs pounded Teladan 25-6 while Prambors needed ten innings to edge out Pejabat, 5-4.

Santos, Cue suspend Oil Wells

Santos, Cue suspend Oil Wells CANBERRA (Dow Jones): Australia-based Cue Energy Resources Ltd., said Friday two wells, Oyong-1 and Oyong-2, offshore east Java are to be suspended to allow for future oil and natural gas production. Australia-based Santos Ltd. is the operator and 45 percent stakeholder in the wells, while Cue has a 15 percent stake and Coastal Indonesia Sampang Ltd. the 40 percent balance.

Cheetahs, Prambors

Cheetahs, Prambors to clash in final JAKARTA (JP): Top two baseball teams Cheetahs and Prambors are set for a finals rematch in the 3rd Cheetahs Cup at the Bung Karno Baseball Stadium here on Saturday. Both teams will be vying for the championship trophy, a repeat of last year's final which was won by the Cheetahs after both teams won their semifinal matches on Friday. Two-time champion Cheetahs pounded Teladan 25-6 while Prambors needed ten innings to edge out Pejabat, 5-4.

Sundanese culture slowly disappears from home

Sundanese culture slowly disappears from home BANDUNG (JP): Listening to well-known Sundanese artist Nano S. play at flute recitals is becoming increasingly rare for local people as he mostly performs in Japan and other countries. Nano is only one of many Sundanese artists who rarely perform in their hometown of Bandung, the center of Sundanese culture.

Motorcycles and dishonesty

Motorcycles and dishonesty From Suara Karya Recent press reports have raised the issue of moge (local term for big motorcycles), i.e. Harley Davidsons used during the Non- Aligned Movement summit in 1992, which are valued at an estimated Rp 400 million per unit. Reports of the unlawful control of these motorcycles by Jakarta city officials obviously indicates corruption, collusion and nepotism.

Harry seeks delay of questioning

Harry seeks delay of questioning JAKARTA (JP): Musician Harry Roesli, whom the Jakarta Police plans to summon for singing a satirized version of a patriotic song, has sent a letter to the city police asking for a delay of his questioning due to his poor health, an officer said on Thursday. "Pak Harry notified us in a letter that he has heard that we intend to summon him but asked if we could delay it as he was not well.

Changes called for Yogyakarta Palace

Changes called for Yogyakarta Palace By Asip A. Hasani YOGYAKARTA (JP): The need to reform has reached the Yogyakarta Palace and this has been made clear by Sri Sultan Hamengkubuwono X during the 254th anniversary of the Javanese aristocracy. "Is the keraton ( palace) worthy of its position in these difficult times.

Cheetahs, Prambors

Cheetahs, Prambors to clash in final JAKARTA (JP): Top two baseball teams Cheetahs and Prambors are set for a finals rematch in the 3rd Cheetahs Cup at the Bung Karno Baseball Stadium here on Saturday. Both teams will be vying for the championship trophy, a repeat of last year's final which was won by the Cheetahs after both teams won their semifinal matches on Friday. Two-time champion Cheetahs pounded Teladan 25-6 while Prambors needed ten innings to edge out Pejabat, 5-4.

Lenders given two weeks to resolve Enron dispute

Lenders given two weeks to resolve Enron dispute NEW DELHI (AP): The Indian government has given financial institutions two weeks to develop a plan to resolve the dispute with Enron Corp. over India's largest foreign investment project, newspapers reported Friday. Houston-based Enron has said it wants to sell its 65 percent stake in the 90 percent complete Dabhol Power Co. project for a minimum of US$1 billion.

Telkom's billing statement

Telkom's billing statement From Koran Tempo For months, the telecommunications company Telkom has been charging its customers Rp 1,000 a month for the sending of billing statements, which is categorized as a non- telecommunication service charge. In October, the charge will rise to Rp 1,500. This must be stopped. Each time a customer pays the phone bill, he will always get the receipt, which has the same data as the billing statement. It is useless and, furthermore, it always comes late.

TV today

TV today TVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Cartoon 8:30 Children's Performances 9:00 Life Style 10:30 Automotive Program 11:00 News 12:00 p.m. News 1:00 Music 2:00 News 2:15 Travel 3:15 Religious Teachings 3:45 Sports 4:15 Magic for Children 4:30 Documentary 5:00 News 5:30 Music 6:00 News 7:00 Documentary 7:30 Quiz: Who Wants to be a Millionaire 8:30 Music 9:00 Comedy 9:30 Features 10:00 News 10:30 Sports Program 2 5:30 p.m.

Arroyo attracts S'porean investors

Arroyo attracts S'porean investors SINGAPORE (AFP): Philippine President Gloria Arroyo arrived in Singapore on Friday for a three-day state visit aimed at putting her country back on the investment map. The Filipino leader jetted into the city-state from neighboring Brunei, where she held talks with Sultan Hassanal Bolkiah on reviving a special economic zone in areas along their maritime borders along with Indonesia and Malaysia.

Central govt urged to mediate in 'becak' case

Central govt urged to mediate in 'becak' case JAKARTA (JP): The Urban Poor Consortium (UPC) has urged the central government to intervene in its escalating conflict with the city administration over the fate of the three-wheeled pedicabs locally known as becak. UPC coordinator Wardah Hafidz met briefly with Coordinating Minister for People's Welfare Jusuf Kalla at the latter's office here on Friday, demanding that he act as a mediator.

Post-disaster Nias: Starting life anew

Post-disaster Nias: Starting life anew By Kasparman NIAS, North Sumatra (JP): Most people were sound asleep in the village of Helezalulu on Nias island, North Sumatra, when a flood swept mercilessly through the settlement. The tranquility of that fateful night, darkened by a black- out, transformed instantaneously into utter disarray.

Ancient city ponders its future sultan

Ancient city ponders its future sultan Text and photo by Tarko Sudiarno YOGYAKARTA (JP): Speculation about who will rule the Yogyakarta Palace after the reign of Sultan Hamengkubuwono X, is now hot a topic among local residents of Yogyakarta, as the sovereign has no son, only daughters. People are wondering whether his eldest daughter Gusti Raden Ajeng (GRAj) Nurmalitasari, or Gusti Sari as she is commonly known, will replace her father. "It depends on Ngarsa Dalem (the Sultan) and the people.

No woes on Astra investment

No woes on Astra investment SINGAPORE (Dow Jones): More than 18 months after it bought a 23.1 percent stake in Indonesian car maker PT Astra International, Singapore-listed Cycle & Carriage Ltd. says it has no regrets about its decision to enter Indonesia, the Business Times reports.

Coal mining ban proposed in Kerinci national park

Coal mining ban proposed in Kerinci national park PADANG, West Sumatra (JP): The West Sumatra provincial legislative council has asked the government not to issue a permit for coal mining in the Kerinci Seblat National Park (TNKS) as it would fatally damage the park's ecosystem.

Aceh

Aceh Aceh safe for Megawati's visit, Widodo says. Page 2 Brain drain Get ready for a brain drain. Page 4 Badminton Two final berths for RI shuttlers in Manila tourney. Page 6 Yogyakarta Changes called for Yogyakarta Palace. Page 9 Satelindo Satelindo targets 14 new transponder contracts this year. Page 12 Malaysia KL sends RI teacher to prison camp. Page 13

Asia execs see bleaker future than US, Europe peers

Asia execs see bleaker future than US, Europe peers HONG KONG (Reuters): More top executives in Asia are worried about the global economic outlook than their counterparts in Europe and the United States, according to a recent survey. The survey of 100 top executives worldwide found 77 percent of Asian respondents were "concerned" or "very pessimistic" about the short-term economic outlook. Only 35 and 53 percent of respondents from Europe and the United States, respectively, held the same views.

Rigid compliance with boxing codes urged

Rigid compliance with boxing codes urged JAKARTA (JP): The number of deaths in boxing has sounded alarm bells, with people in the Indonesian boxing industry needing to give a greater commitment to safety, according to a discussion here on Friday. Since 1948, as many as 16 boxers have died in the aftermath of their bouts in the ring and, to the horror of the national boxing industry, four of them have perished within the last ten months. The latest victim was Moh.

BAT, Vietnam's Vinataba tie up

BAT, Vietnam's Vinataba tie up LONDON (AFP): Tobacco giant BAT said Friday it had sealed a deal to help develop Vietnam's tobacco industry through a new joint venture with Vinataba, Vietnam's biggest tobacco company. The venture is the first involving a foreign partner and the state-run tobacco outfit, which has a 57-percent market share. Vietnam's 80-million strong population consumes some 58 billion cigarettes a year.

Seventeen groups gear up for Art Summit

Seventeen groups gear up for Art Summit By Stevie Emilia JAKARTA (JP): Art lovers, get ready to whet your appetite. A strong lineup of reputable international and local artists will take part in the Third Art Summit Indonesia 2001 International Festival on Contemporary Performing Arts, which lasts a whole month.

By Tarko Sudiarno

By Tarko Sudiarno YOGYAKARTA (JP): Speculation about who will rule the Yogyakarta Palace after the reign of Sultan Hamengkubuwono X, is now hot a topic among local residents of Yogyakarta, as the sovereign has no son, only daughters. People are wondering whether his eldest daughter Gusti Raden Ajeng (GRAj) Nurmalitasari, or Gusti Sari as she is commonly known, will replace her father. "It depends on Ngarsa Dalem (the Sultan) and the people.

Tarum canal needs repairs

Tarum canal needs repairs JAKARTA (JP): There are 30 fractures along the 60-kilometer Tarum canal, which supplies untreated water for the city, but the city administration lacks funds to repair them, an official said. If they are not repaired soon, they will collapse and disrupt the water supply to the city, president of the city-owned water firm PDAM Jaya Muzahim Muchtar said. "The repair of the canal is the central government's responsibility.

Army ready to give up vital role

Army ready to give up vital role JAKARTA (JP): Army Chief of Staff Gen. Endriartono Sutarto asserted on Friday that the Army was prepared to hand over its territorial function to the National Police and provincial administrations.

Bapepam sanctions 10 securities firms

Bapepam sanctions 10 securities firms JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) said on Friday it had sanctioned ten investment managers for violating capital market regulations. Bapepam's law and legal aid bureau head Robinson Simbolon said in a press statement that nine of the investment firms had their operations suspended, while one had their license revoked by the capital market watchdog.

Satelindo targets 14 new transponder contracts this year

Satelindo targets 14 new transponder contracts this year JAKARTA (JP): Telecommunications company PT Satelit Palapa Indonesia (Satelindo) has signed an agreement with Myanmar for a five-year lease of the Palapa C-2 satellite's transponder, with 13 more contracts expected to be signed this year.

Residents demand more compensation

Residents demand more compensation TANGERANG (JP): Hundreds of Tangerang's Kampung Baru residents, who saw their houses intentionally burned to the ground on Wednesday, vowed that they would not leave the area until they received compensation of between Rp 5 million (US$588.2) and Rp 15 million. "We didn't get the houses and land for free.

Bapepam sanctions 10 securities companies

Bapepam sanctions 10 securities companies JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) said on Friday it had sanctioned ten investment management firms for violating capital market regulations. Bapepam said in a press statement that nine of the investment firms had their operations suspended, while one had their license revoked by the capital market watchdog.

Institute of Nuclear Technology opened

Institute of Nuclear Technology opened YOGYAKARTA (JP): Minister of Research and Technology M. Hatta Rajasa officially opened the Yogyakarta-based Polytechnic Institute of Nuclear Technology (POINT/STTN) here on Friday, and also took the opportunity to launch two new rice varieties called Krueng Woyla and Meraoke which were developed by the National Nuclear Energy Institute (Batan).

Indonesians must learn how to be proud of their nation

Indonesians must learn how to be proud of their nation By Simon Marcus Gower TANGERANG, Banten (JP): It has been a long road to recovery from the depths of crises that first took hold in 1997. It is unfortunate that the shadows that those dark clouds of economic depression cast still linger over Indonesia. But this country benefits little from continued pessimism.

AIKI sees 2001 car imports to drop by 33%

AIKI sees 2001 car imports to drop by 33% JAKARTA (JP): The Association of Indonesian Vehicle Importers (AIKI) has projected car imports in 2001 to decline by 33.3 percent to 10,000 vehicles from 15,000 last year, particularly due to the recent government decision to boost import tariffs effective Sept. 1. AIKI chairman Budhiman Siro said on Friday that the tariff hike would boost car prices, which in turn would squeeze demand.

World premieres for Art Summit

World premieres for Art Summit JAKARTA (JP): After three years of waiting, art lovers in Jakarta will be able to enjoy performances by local and international artists at the Third Art Summit Indonesia 2001 International Festival on Contemporary Performing Arts. At the festival, arts lovers will have rare chance, witnessing two world premieres by the Pappa Tarahumara dance theater company from Japan and the Folkwang Tanzstudio of Germany.

Mega-Thaksin talks focus on economic issues

Mega-Thaksin talks focus on economic issues BANGKOK, Thailand (AP): Indonesian President Megawati Soekarnoputri focused on economic issues Friday in talks with the Thai prime minister, and was assured that Thailand would not allow "terrorists" opposed to Indonesia's government operate from its territory. After a four-hour visit to military-run Myanmar, Megawati arrived in neighboring Thailand on Friday on the latest leg of her whirlwind tour of nine Southeast Asian countries.

Judicial farce

Judicial farce The farcical nature of attempts to capture former president Soeharto's fugitive son Hutomo "Tommy" Mandala Putra became evident to everyone when, soon after his conviction, front-page headlines conveniently announced to Tommy that his cell phone was being tapped by the police. After this all too public tip-off, he must have thrown his phone into the nearest rubbish bin and creased up with mirth at the ridiculous nature of attempts to apprehend him.