Indonesian Political, Business & Finance News

Archive: 28 August 2001

74 articles found

TEST

TEST Mr. Horst Kohler Managing Director International Monetary Fund Washington, D.C. 20431Dear Mr. Kohler:Despite many domestic uncertainties and a weaker external environment, the Government of Indonesia has made renewed progress in its economic program supported by an Extended Arrangement of the...

Officials unaware of embassy's road closure

Officials unaware of embassy's road closure JAKARTA (JP): City Governor Sutiyoso and Jakarta Police chief Insp. Gen. Sofjan Yacoeb on Monday claimed they were uninformed about the closure of part of Jl.

Govt appoints consultant to value KPC stake

Govt appoints consultant to value KPC stake JAKARTA (JP): The government has appointed a consultant to appraise the value of the 51 percent stake in East Kalimantan- based coal mining firm PT Kaltim Prima Coal (KPC) on offer for divestment.

New intent to reform

New intent to reform The fewer programs of action stipulated in the new Letter of Intent (LoI) signed by the Indonesian government and the International Monetary Fund (IMF) on Monday do not by any means indicate fewer daunting reforms ahead.

Postal service

Postal serviceFrom Koran TempoOn July 18, 2001, I sent a money order of Rp 150,000 from the post office in Bogor, West Java, to my parents Hj. Rosdiana S of Jl Tangkahan Batu No. 166, Sigara-gara village, Patumbak, Medan, North Sumatra.

From Koran Tempo

From Koran TempoMinister Yusril Ihza Mahendra is now trying to bring our fourth president to court. Won't this attempt trigger again an outbreak of counterproductive political conflict? Isn't President Megawati's wish that all sectors of the nation, former president Abdurrahman and the National...

Wither Indonesian tourism?

Wither Indonesian tourism? Saving Indonesia's tourist industryBy 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...

TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Environment 8:45 News: Hallo, Metro Indonesia 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 Debating 3:15 Children's Program 3:40 Quiz 4:15 Children's Program...

LP3ES must find ways to revive its influence

LP3ES must find ways to revive its influenceBy Rikza Abdullah JAKARTA (JP): Anyone attending the glamorous 30th anniversary reception of the Institute for Social and Economic Research, Education and Information (LP3ES) at the ballroom of the five- star Hilton Hotel in Jakarta on Monday evening...

JAKARTA (JP): A metal detector and an X-ray scanner will be

JAKARTA (JP): A metal detector and an X-ray scanner will be installed in Cipinang penitentiary in East Jakarta next month in an effort to make the jail more secure, an official said here on Monday.Everyone, including the penitentiary staff, will have to pass through the security devices before...

Stronger public role sought on environmental protection

Stronger public role sought on environmental protection Indonesia is facing serious environmental problems, such as unchecked illegal logging, untreated waste dumping and forest fires. The new State Minister of Environment Nabiel Makarim discussed his plans and views in an interview with The...

Telkom must stop advertising itself

Telkom must stop advertising itselfFrom Rakyat MerdekaOn Aug. 10, 1999, I submitted an application for the installation of a new telephone line in my residence in the Tegal Alur Kalideres area to the state-owned company Telkom of Sumur Bor chapter, Kalideres, West Jakarta.

Upholding human rights

Upholding human rights The lack of will on Indonesia's part to bring human rights violations in this country to justice has compelled the international community to involve itself deeper in the issue. It cannot be denied that the sense of pride runs deep in this nation.

Groups rapped for cowardly actions

Groups rapped for cowardly actions Both the major Bahasa Malaysia dailies hit out at the so- called freedom fighters who carry out violent attacks in the name of jihad (struggle), saying that their actions only served to ruin the image of Islam.

UN praises East Timor's peaceful campaigning

UN praises East Timor's peaceful campaigning DILI, East Timor (Agencies): United Nations officials said on Monday the campaign for East Timor's historic elections has been one of the most peaceful that the world body has supervised in many years.

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

1. Trip - 48 MM, 3 cols, 3 lines, 3x 15 No trips abroad starting next year, says PPP 2. Tebet - 28 HBC, 3 cols, 2 lines, 2x24 Robbers shoot victim, get away with Rp 180m 3. Council - 36 NCSB, 3 cols, 2 lines, 2x16 Councillors complain about low salary 4.

Housemaid jailed for stealing

Housemaid jailed for stealing TANGERANG (JP): A housemaid was sentenced to one-year imprisonment on Monday for stealing her employer's valuables at Poris housing complex in Tangerang.Presiding judge Sitinjak of the Tangerang District Court said in the verdict that the defendant Saroh, 21, who was...

New LoI hailed by economists, analysts

New LoI hailed by economists, analysts JAKARTA (JP): Economists and analysts hailed the new Letter of Intent (LoI) signed on Monday by the Indonesian government for the International Monetary Fund (IMF), saying the targets outlined in the agreement are rational and attainable.

WB aids coral reef preservation

WB aids coral reef preservation MAKASSAR, South Sulawesi: The World Bank and the Global Environmental Facility (GEF) have extended grants totaling US$10.9 million to support the preservation of coral reefs in the Taka Bonerate National Marine Park in Selayar district.

Malaysia still has faith in privatization, but is more careful

Malaysia still has faith in privatization, but is more careful now - Mahathir KUALA LUMPUR (AFX): Prime Minister Mahathir Mohamad said his government still has faith in privatization but is more careful in implementing the policy after the failure of several privatized companies.

Latest letter of intent between Indonesia, IMF

Latest letter of intent between Indonesia, IMF The following is the full text of the new Letter of Intent signed by the Indonesian government and the International Monetary Fund on Tuesday. 1. This memorandum builds upon the economic program described in the Memoranda of Economic and Financial...

Asian currencies mostly up late as stock markets surge

Asian currencies mostly up late as stock markets surge TOKYO (Dow Jones): Most Asian currencies rose modestly late Monday, spurred by the surge in many of Asia's stock markets despite the yen's slight fall against the U.S. dollar.But with important U.S.

Australia, RI turn away asylum ship carrying Afghans

Australia, RI turn away asylum ship carrying Afghans CANBERRA (Agencies): Australia refused entry on Monday to a Norwegian freighter carrying hundreds of Afghan and other boat people, the first time it has turned back a ship carrying asylum seekers.

Suu Kyi's NLD hopeful over talks with junta

Suu Kyi's NLD hopeful over talks with junta YANGON (Reuters): Myanmar's opposition National League for Democracy (NLD) expressed optimism on Monday over talks with the ruling military as United Nations special envoy Razali Ismail began a four-day visit to mediate the dialog.

Malaysia more careful in privatization: Mahathir

Malaysia more careful in privatization: Mahathir KUALA LUMPUR (AFX): Prime Minister Mahathir Mohamad said his government still has faith in privatization but is more careful in implementing the policy after the failure of several privatized companies.

Malaysia still has faith in privatization, but is more careful

Malaysia still has faith in privatization, but is more careful now - Mahathir KUALA LUMPUR (AFX): Prime Minister Mahathir Mohamad said his government still has faith in privatization but is more careful in implementing the policy after the failure of several privatized companies.

Women activists push for more seats in government

Women activists push for more seats in government JAKARTA (JP): Women activists demanded on Monday that at least 30 percent of all seats in the executive and legislative branches of government be allocated to women at the 2004 general election to redress the current gender imbalance in politics.

American found dead

American found dead JAKARTA (JP): An American lawyer was found dead in room 1423 of the Mandarin Oriental in Central Jakarta on Monday afternoon.The victim, identified as 50-year-old Mark Anthony Christiny, a resident of 205 West 57th Street, New York 10107, was found dead by the bellhop at around...

Haze

Haze East Kalimantan forest fires feared to spread. Page 2 Foreign trips No trips abroad starting next year, says PPP. Page 3 East Timor East Timor, a new nation is born. Page 4LP3ES LP3ES, a place that has produced many famous scholars. Page 5Golf Woods claims sudden death playoff victory.

Bus crash kills four in Bogor

Bus crash kills four in Bogor BOGOR (JP): Four people were killed and 10 seriously injured on Monday morning in a bus collision on Jagorawi toll road in the Sentul area, which witnesses said was caused by the bus driver's negligence.

JSX bomber flown to Jakarta from North Aceh

JSX bomber flown to Jakarta from North Aceh JAKARTA (JP): The convicted executor of the Jakarta Stock Exchange (JSX) bombing last year, Ibrahim Hasan, has been flown on Monday afternoon from Lhokseumawe in North Aceh to Jakarta by helicopter and is expected to arrive in the capital later in the...

Ragunan zoo struggles to maintain its popularity

Ragunan zoo struggles to maintain its popularityText and photo by Bambang Parlupi JAKARTA (JP): Ragunan zoo in South Jakarta is a popular place to visit, particularly during holidays.Few know, however, the zoo, which is now located near Pasar Minggu area, was formerly located in Cikini, Central...

Transmigration site abandoned

Transmigration site abandoned BENGKULU, Bengkulu: Almost 1,500 hectares of arable land made available to transmigrants in Bengkulu has been deserted for almost ten years as the local administration there failed to install an irrigation system.

Nonpolluting 'becak'

Nonpolluting 'becak' It is with dismay that I read recently of the war that has been declared against becak (pedicab) drivers in Jakarta. Surely the becak is the most inoffensive means of public transportation on the streets of Jakarta.

KL mulls coal purchases, gas and oil collaboration

KL mulls coal purchases, gas and oil collaboration KUALA LUMPUR (AFP): Prime Minister Mahathir Mohamad on Monday expressed Malaysia's desire to work with Indonesia on oil and gas exploration and to buy more coal to reduce the country's dependence on gas."We have invested in plantations.

Councillors complain about low salary

Councillors complain about low salary JAKARTA (JP): City councillors celebrated on Monday their second year in legislature with a "complaint" that they were paid less than their fellow councillors in other provinces.

PDI-P opposes Gafur's win of North Maluku governorship

PDI-P opposes Gafur's win of North Maluku governorship MANADO, North Sulawesi (JP): The Indonesian Democratic Party of Struggle (PDI Perjuangan)'s faction at the North Maluku legislative council opposed the victory of Abdul Gafur, a Golkar Party member, in the province's gubernatorial elections.

Sundanese culture copes with modernization

Sundanese culture copes with modernizationBy Yuli Tri Suwarni BANDUNG (JP): Children nowadays are becoming strangers to the local folk stories of Ciung Wanara, Lutung Kasarung and Sangkuriang. In fact, they are more familiar with the Japanese cartoon characters of Crayon Sinchan, Doraemon and...

East Timor, a new nation is born

East Timor, a new nation is bornBy Kusnanto Anggoro JAKARTA (JP): An independent state of East Timor is being born. On Aug. 30, 2001, the second anniversary of the referendum that resulted in the separation of East Timor from Indonesia, the East Timorese will vote in national elections for an...

10 feared trapped in Mt. Slamet fire

10 feared trapped in Mt. Slamet fire PURWOKERTO, Central Java (JP): Ten hikers are feared to be trapped by a fire on Central Java's Mt. Slamet, which started on Sunday, according to local police."We asked them to come down, but they ignored our request and we had to leave them," Banyumas Police...

Detention period extended for GAM negotiators

Detention period extended for GAM negotiators BANDA ACEH, Aceh (JP): The Aceh Police have extended the period of detention of six negotiators from the separatist Free Aceh Movement (GAM) by another 40 days, reportedly for the sake of facilitating further investigation and inquiry.

No trips abroad starting next year, says PPP

No trips abroad starting next year, says PPP JAKARTA (JP): The United Development Party (PPP) decided on Monday to forbid its 13 councillors from going on overseas trips, but allowed them to proceed with planned tours for the rest of the year.

Prison to install metal detector, X-ray scanner

Prison to install metal detector, X-ray scanner JAKARTA (JP): A metal detector and an X-ray scanner will be installed in Cipinang penitentiary in East Jakarta next month in an effort to make the jail more secure, an official said here on Monday.

History museum closed temporarily

History museum closed temporarily JAKARTA (JP): The history museum at Taman Fatahilllah in West Jakarta will be temporarily closed for fumigation of the main hall from Aug. 28 to Aug. 31.The museum, famous for its colonial furniture collection, will be open to public again starting Sept. 1.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug 27, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,500 -25 152,500 Adindo Foresta 110 0 5,000 AGIS 135 0 88,000 Akbar Indo Makmur 1,275 -550 2,280,500...

Thai floods kill 170 people

Thai floods kill 170 people BANGKOK (Reuters): Monsoon floods in northern Thailand over the last three weeks have killed 170 people, displaced 6,661 villagers, and devastated thousands of houses and roads, the Interior Ministry said on Monday.

Court refuses to defer trial

Court refuses to defer trial JAKARTA (JP): The Central Jakarta District Court rejected a request from Hendra Rahardja's lawyers to postpone his trial until the Supreme Court made a statement on the case.Hendra, a former commissioner of Bank Harapan Sentosa (BHS), is accused of abusing Rp 2.

ASEAN auto sales up in first half despite economic slowdown

ASEAN auto sales up in first half despite economic slowdown SINGAPORE (AFP): Motor vehicle sales in the four biggest Southeast Asian markets rose 7.8 percent from a year ago to 489,676 units in the first six months of 2001, according to an industry monitor.

Soedradjad: LP3ES should make constructive efforts to survive

Soedradjad: LP3ES should make constructive efforts to survive J. Soedradjad Djiwandono is a former governor of Bank Indonesia and currently a senior visiting research fellow at the Institute of Southeast Asian Studies (ISEAS) of Singapore.

Govt to sell remaining Gresik stake to Cemex

Govt to sell remaining Gresik stake to Cemex JAKARTA (JP): The government announced on Monday that it planned to divest its remaining 51 percent stake in publicly listed cement producer PT Semen Gresik to the Mexican-based PT Cemex Indonesia, a move that will net the government US$520 million.

Susanto, Andrean set for world chess event

Susanto, Andrean set for world chess event JAKARTA (JP): The Indonesian Chess Association (Percasi) has picked Susanto Megaranto and Andrean Susilodinata to represent the country at the Junior World Chess Championship, which will be held in Oropesa del Mar, Spain, from Oct. 20 to Nov. 3.

Rupiah Rates Aug.27

Rupiah Rates Aug.27 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,170.00 9,170.00 8,627.00 8,713.00Austrian schilling 1 541.96 608.63 572.28 578.30Australian dollar 1 4,343.17 4,879.36 4,586.11 4,636.19Belgian franc 1 184.87 207.61 195.21 197.

Soedradjad: LP3ES should make constructive efforts to survive

Soedradjad: LP3ES should make constructive efforts to survive J. Soedradjad Djiwandono is a former governor of Bank Indonesia and currently a senior visiting research fellow at the Institute of Southeast Asian Studies (ISEAS) of Singapore.

Robbers shoot victim, make away with Rp 180 million

Robbers shoot victim, make away with Rp 180 million JAKARTA (JP): While police and senior city officials were discussing plans to crack down on street crimes, an audacious robbery took place on Monday in the busy Tebet area of South Jakarta, during which a man was shot in the leg and Rp 180 million...

JAKARTA (JP): An independent state of East Timor is being

JAKARTA (JP): An independent state of East Timor is being born. On Aug. 30 2001, the second anniversary of the popular consultation that resulted in the separation of East Timor from Indonesia, the East Timorese will vote in national elections for an 88-member Constituent Assembly that will have...

[b]

LP3ES, a place that has produced many famous scholars By Rikza Abdullah JAKARTA (JP): Anyone attending the glamorous 30th anniversary reception of the Institute for Social and Economic Research, Education and Information (LP3ES) at the ballroom of the five- star Hilton Hotel in Jakarta on Monday...

Prambanan lures rare birds

Prambanan lures rare birdsText and photo by Bambang M. PRAMBANAN (JP): Hardly spotted in its natural habitat now, some rare gelatik (Java sparrows) have picked an unusual site, the beautiful Prambanan temple, as their last resort in search of a permanent home.

Where to go in Bandung:

Where to go in Bandung:Bandung Art Event 2001Exhibitions: Painting: Ruang Alternatif X, Galeri Adira, Jl. Kiaracondong 33 E (Phone: 022 7216758), 9 a.m. to 6 p.m., until Sept. 8. Painting, Galeri 16, Jl. Raya Cibeureum 16, until Sept. 22.

ASEAN auto sales up despite economic slowdown

ASEAN auto sales up despite economic slowdown SINGAPORE (AFP): Motor vehicle sales in the four biggest Southeast Asian markets rose 7.8 percent from a year ago to 489,676 units in the first six months of 2001, according to an industry monitor.

RI, Malaysia to combine antiterrorist effort

RI, Malaysia to combine antiterrorist effort KUALA LUMPUR (JP): Indonesian and Malaysian leaders agreed here on Monday to step up efforts to prevent international terrorism spreading to both countries, officials said.

Govt plans to sell 51% stake in BCA, Niaga this year

Govt plans to sell 51% stake in BCA, Niaga this year JAKARTA (JP): The government plans to sell off another 51 percent stake in the publicly listed PT Bank Central Asia (BCA) and Bank Niaga by the end of this year, pending consultation with the House of Representatives.

State accounts receivable

State accounts receivableFrom Bisnis IndonesiaOne 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.

[i]... Brunei is one step ahead of the Philippines in its

... Brunei is one step ahead of the Philippines in its determination to prevent the kingdom from becoming a haven for dirty money laundering...

1. BCA (3 x 15)

1. BCA (3 x 15) Govt plans to sell 51% stake in BCA, Niaga this year 2. Comment (3 x 14) New LoI hailed by economists and analysts 3. Cement (2 x 20) Govt to sell remaining Gresik stake to Cemex 4. KPC (2 x 24) Govt appoints consultant to value KPC stake

Govt's new plan on Aceh gets mixed responses

Govt's new plan on Aceh gets mixed responses JAKARTA (JP): The government's plan to take resolute action against the Free Aceh Movement (GAM) amid an ongoing negotiation process currently under way in restive Aceh, has received a mixed response from both legislators and political observers.

Australia cannot distance itself from Asia

Australia cannot distance itself from Asia The following is based on the address of Australia's Prime Minister John Howard in on Aug. 22, in which he outlined his foreign policy. The function in Canberra was held by the Menzies Research Center.

Bali only wants skilled people

Bali only wants skilled people DENPASAR, Bali: Bali governor Dewa Beratha warned unskilled people not to seek employment in the province, saying that unskilled people lacking identity documents had only created population problems.

Opportunities for pedicab drivers

Opportunities for pedicab driversFrom Warta KotaOne of our activities in the Cilandak Study Workshop (SKB) of the Ministry of National Education is to develop human potential through extra curricular education.

6Window for IMF

6Window for IMF...the GOI has accelerated the transfer of staff to the regions, such that a total of 2.1 million civil servants will be transferred by end-2001, reducing the central government payroll to 1.6 million...

Robbers shoot victim, get away with Rp 180m

Robbers shoot victim, get away with Rp 180m JAKARTA (JP): While police and senior city officials were discussing plans to crack down on street crimes, an audacious robbery took place on Monday in the busy Tebet area of South Jakarta, during which a man was shot in the leg and Rp 180 million...

FPI, PPMI demand Islamic law

FPI, PPMI demand Islamic law JAKARTA (JP): Some 5,000 supporters of the Islamic Defenders Front (FPI) and the Indonesian Muslim Workers Association (PPMI) took to the streets on Monday, demanding the revival of the Jakarta Charter on Islamic law in the 1945 Constitution.

Govt and IMF sign new LoI

Govt and IMF sign new LoI JAKARTA (JP): After eight months of delay, the government signed on Monday a Letter of Intent (LoI) with the International Monetary Fund (IMF), giving Indonesia a much needed boost in renewing confidence among the international financial community.

Thirty-year-old research center, first home of famed scholars

Thirty-year-old research center, first home of famed scholars J. Soedradjad Djiwandono is a former governor of Bank Indonesia and currently a senior visiting research fellow at the Institute of Southeast Asian Studies (ISEAS) of Singapore.

Death sentence for Tommy

Death sentence for TommyFrom Rakyat MerdekaThe murderer of Supreme Court justice Syafiuddin Kartasasmita admitted that he had directly received Rp 100 million and a 9 mm caliber Beretta pistol from Hutomo "Tommy" Mandala Putra.