Indonesian Political, Business & Finance News

Archive: 29 August 2001

65 articles found

Britain ready to resume arms exports to Indonesia

Britain ready to resume arms exports to Indonesia JAKARTA (JP): Britain is ready to resume sales of weapons to Indonesia, saying that it has accepted the assurances from the Indonesian Military (TNI) that these arms would not be used for internal repression, including in Aceh.

Things parents should know about sprains, wounds

Things parents should know about sprains, woundsBy Donya Betancourt SANUR, Bali (JP): As more and more kids and teens take part in sport activities, there is a chance that your child might get an injury even if she or he is careful.

Building sickness syndrome

Building sickness syndromeBy Ida Indawati Khouw JAKARTA (JP): Do you constantly suffer from headaches, coughing and insomnia, or feel tired all the time from causes that seem unclear, even after you have undergone regular medical treatment?If so, you might want to start checking the environmental...

Slum areas most prone to fires: Fire Department

Slum areas most prone to fires: Fire Department JAKARTA (JP): The Jakarta fire department has recorded 437 fires over the last eight months with 80 percent of them occurring in slum areas.Slum areas continue to be the areas most prone to fires in the capital, while at the same time often being the...

Court rules against Freeport

Court rules against Freeport JAKARTA (JP): U.S.-based mining company PT Freeport Indonesia suffered a legal blow on Tuesday when the South Jakarta District Court ruled against it, saying that the firm had spread misleading information about an accident that allegedly claimed four lives at its...

Bambang Sutrisno clarifies

Bambang Sutrisno clarifies As attorneys and legal advisers to Bambang Sutrisno, we hereby issue a statement to clarify recent remarks by the spokesman of the Attorney General's Office (AGO) about Bambang residing overseas, the now defunct Bank Surya, emergency liquidity credit (BLBI) from Bank...

WHO sounds alarm over dengue fever

WHO sounds alarm over dengue fever MANILA (AFP): The World Health Organization (WHO) on Tuesday issued a call for urgent action after outbreaks of dengue fever in the South Pacific and Southeast Asia which have killed 189 people this year.

Tommy's alleged accomplice dies of 'heart failure'

Tommy's alleged accomplice dies of 'heart failure' JAKARTA (JP): A retired Army officer who had been detained since Aug. 10 for the illegal possession of firearms, which allegedly belonged to Hutomo "Tommy" Mandala Putra, died on Tuesday morning on his way from the city police detention center in...

Aid agencies urge quick solution to asylum ship

Aid agencies urge quick solution to asylum ship GENEVA (Reuters): Major aid agencies urged Australia, Indonesia and Norway on Tuesday to quickly resolve the dilemma of more than 400 mostly Afghan immigrants aboard a cargo ship stranded in the Indian Ocean.

Legislators oppose govt's plan on BCA divestment

Legislators oppose govt's plan on BCA divestment JAKARTA (JP): The government's plan to sell 51 percent of its shares in the publicly listed Bank Central Asia (BCA) could hit a snag as legislators from some big parties have expressed strong objections to the move.

Research center LP3ES

Research center LP3ES It was with great interest that I read the article on the 30th anniversary of the Institute for Social and Economic Research, Education and Information (LP3ES) under the title Thirty-year- old research center, first home of famed scholars by Rikza Abdullah, in The Jakarta...

Gymnast Jonathan cautious on SEA Games medal prospects

Gymnast Jonathan cautious on SEA Games medal prospects JAKARTA (JP): The Indonesian gymnastics team to the SEA Games will be banking on Jonathan Sianturi for medals, but the veteran national gymnast is cautious on the prospect.

Experts say LoI targets reprieve for businesses

Experts say LoI targets reprieve for businesses JAKARTA (JP): Businesses can expect a recovery in investment activities following the signing of The International Monetary Fund's (IMF) Letter of Intent (LoI), experts said on Tuesday.

Two killed in Army vs. Police gunfight

Two killed in Army vs. Police gunfight JAYAPURA, Irian Jaya (JP): Two members of the 611 Infantry Battalion were killed, while another two military officers and two police officers were seriously injured during a gunfight between soldiers and police officers in the district of Serui, Yapen Waropen...

ABC members reject new scoring system

ABC members reject new scoring system JAKARTA (JP): The Asian Badminton Confederation (ABC) has rejected the new best-of-five scoring system the International Badminton Federation (IBF) has been using since June.

Phases of Malaysia's industrial development

Phases of Malaysia's industrial developmentJP/8/KL-industry checked Phases of Malaysia's industrial development Strategically located at the crossroads of East and West trade routes, Malaysia has come a long way since its independence in 1957 to achieve the present status of an industrializing...

Corporate governance online

Corporate governance online JAKARTA (JP): A private corporate governance watchdog unveiled on Tuesday a service on its website for companies to assess their corporate governance.Eddie M. Gunawan, acting chairman of the Forum for Corporate Governance in Indonesia (FCGI), said their corporate self-...

Rupiah Rates Aug. 28

Rupiah Rates Aug. 28 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,300.00 9,300.00 8,756.00 8,844.00Australian dollar 1 549.20 616.04 579.37 585.84Austrian schilling 1 4,374.10 4,905.75 4,614.41 4,665.21Belgian franc 1 187.34 210.14 197.63 199.

Court rules against Freeport on fatal accident

Court rules against Freeport on fatal accident JAKARTA (JP): U.S.-based mining company PT Freeport Indonesia suffered a legal blow on Tuesday when the South Jakarta District Court ruled against it, saying that the firm had spread misleading information about an accident that allegedly claimed four...

Energy drinks debate continues

Energy drinks debate continues JAKARTA (JP): Controversy continues to rage over an official order to remove certain energy drinks from store shelves, with one producer insisting its over-the-counter products meet regulations.

Dual leadership of parties and public office not in conflict

Dual leadership of parties and public office not in conflict Leadership within political parties is still lacking. Last week President Megawati Soekarnoputri said she would not resign as chair of her party amid debate over whether public officials should resign as leaders of political parties.

Green Card lottery becomes a commodity

Green Card lottery becomes a commodity JAKARTA (JP): If you happen to pass the U.S. embassy on Jl. Merdeka Barat, Central Jakarta, you will likely see long queues of people eager to apply for visas.They might want to visit the country on a business trip, to study, to visit a friend or just for a...

Aceh killings a wake up call

Aceh killings a wake up call CANBERRA, Australia (JP): The article in a prominent Australian weekend newspaper (Aug. 11-12) on the Julok massacre in Aceh, North Sumatra carried the headline "Massacre a wake-up call for new regime".

Aid agencies urge quick solution to asylum ship

Aid agencies urge quick solution to asylum ship GENEVA (Reuters): Major aid agencies urged Australia, Indonesia and Norway on Tuesday to quickly resolve the dilemma of more than 400 mostly Afghan immigrants aboard a cargo ship stranded in the Indian Ocean.

Pedicabs in Jakarta

Pedicabs in JakartaFrom Media IndonesiaI'm really concerned about the judgment made by Coordinating Minister for People's Welfare Jusuf Kalla as reported in an article titled Pedicabs are still needed published in Media Indonesia on Aug. 16, 2001. This is an outdated judgment.

U.S. electronic firms in Malaysia see recovery in fourth quarter

U.S. electronic firms in Malaysia see recovery in fourth quarter KUALA LUMPUR (AFP): Major U.S. electronics firms in Malaysia expect sluggish exports to rebound from October onwards but forecast a 12 percent drop in their sales this year, an industry group said Tuesday.

U.S. electronic firms in Malaysia see recovery in fourth quarter

U.S. electronic firms in Malaysia see recovery in fourth quarter KUALA LUMPUR (AFP): Major U.S. electronics firms in Malaysia expect sluggish exports to rebound from October onwards but forecast a 12 percent drop in their sales this year, an industry group said Tuesday.

Message from the Ambassador

Message from the Ambassador Today marks the 44th Anniversary of Malaysia's Independence. On this auspicious occasion, I join all Malaysians living in Jakarta and other parts of Indonesia in celebrating our National Day. This is a day of remembrance and appreciation.

Cakung-Cilincing road

Cakung-Cilincing road From Bisnis Indonesia I wonder when the relevant authorities will decide to repair the Cakung-Cilincing road as other roads in Jakarta have already undergone repair.The Cakung-Cilincing road has been in a very poor state of disrepair for a few months now, especially the...

Australia and Indonesia force refugee stalemate

Australia and Indonesia force refugee stalemate JAKARTA (JP): Indonesia will deny entry to the Norwegian freighter Tampa, which is stranded in the Indian Ocean carrying 438 asylum seekers after Australia turned down the ship's request to enter its waters, an official said here on Tuesday.

ABC members reject new scoring system

ABC members reject new scoring system JAKARTA (JP): The Asian Badminton Confederation (ABC) has rejected the new best-of-five scoring system the International Badminton Federation (IBF) has been using since June.

RI seeks united ASEAN action against terrorism

RI seeks united ASEAN action against terrorism JAKARTA (JP): Indonesia called on fellow members of the Association of Southeast Asian Nations (ASEAN) on Tuesday to join hands in fighting international terrorism.

Scholarship for journalists

Scholarship for journalists JAKARTA (JP): The Netherlands Education Center (NEC) launched a scholarship program on Tuesday for journalists and other professionals to pursue postgraduate studies in the Netherlands.

Fertilizer disappears in N. Sumatra

Fertilizer disappears in N. Sumatra MEDAN, North Sumatra (JP): The gradual disappearance of fertilizer from North Sumatra markets in the last two months has prompted the Indonesian Fertilizer Producers Association (APPI) to decide to import fertilizer for the sake of the farmers.

Let's be forgiving

Let's be forgivingFrom 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...

Two killed, four injured in Army vs Police gunfight

Two killed, four injured in Army vs Police gunfight JAYAPURA, Irian Jaya (JP): Two members of the 611 Infantry Battalion were killed and two police officers seriously injured during a gunfight between soldiers and police officers in the district of Serui, Yapen Waropen regency in Irian Jaya, on...

Mt. Slamet fire extinguished

Mt. Slamet fire extinguished PURWOKERTO, Central Java (JP): The fire on Mt. Slamet, which started on Sunday, was totally extinguished on Monday night and about ten trekkers feared to be trapped in the fire were found unharmed, administrator of East Banyumas Forestry Office, Hasan Pamuji said here...

Terrorism in RI: What does intelligence really know?

Terrorism in RI: What does intelligence really know?By Riza Sihbudi JAKARTA (JP): The chief of the State Intelligence Agency Hendropriyono hinted recently that international terrorists were entering Indonesia. Jakarta Police Chief Insp. Gen.

Multimedia Super Corridor (MSC), a revolutionary step

Multimedia Super Corridor (MSC), a revolutionary step MSC, a revolutionary step for IT development The Multimedia Super Corridor (MSC) aims to revolutionize how Malaysians and others in the region conduct business.

Why no official uniforms?

Why no official uniforms?From Suara Karya It would be better if President Megawati Soekarnoputri, Minister for Trade and Industry Rini Suwandi and State Minister of Women's Empowerment Sri Rejeki, put on an official uniform while carrying out their state tasks just like the Indonesian Army Women's...

Short of diesel fuel?

Short of diesel fuel?From Warta KotaPeople in Jakarta have had to face frequent shortages of automotive diesel fuel over the last several months and this shortage has not been completely overcome today, though the problem has often been discussed by the government and the House of Representatives...

Registration of foreigners

Registration of foreigners Some time ago The Jakarta Post published an article about how all foreigners staying in Indonesia for more than three months needed to register within a certain period of time.

Cycling to earn a living in Jakarta

Cycling to earn a living in JakartaBy Sri Muninggar Saraswati JAKARTA (JP): Cycling is more than a way of keeping fit, for some people it is actually how they earn their living.It may sound a little bit strange, but within the hustle and bustle of a major urban center like Jakarta, you can still...

Court rules against Freeport

Court rules against Freeport JAKARTA (JP): U.S.-based mining company PT Freeport Indonesia suffered a legal blow on Tuesday when the South Jakarta District Court ruled against it, saying that the firm had spread misleading information about an accident that allegedly claimed four lives at its...

Mega tells Aceh to focus on autonomy

Mega tells Aceh to focus on autonomy KUALA LUMPUR (JP): President Megawati Soekarnoputri urged the Acehnese people on Tuesday to take full advantage of the special autonomy status accorded to them under the new Nanggroe Aceh Darussalam Law, but warned that rising separatist moves would be promptly...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug 28, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,500 0 37,500 Adindo Foresta 105 -5 55,000 AGIS 135 0 366,500 Akbar Indo Makmur 925 -350 2,367,000...

Folly of military option

Folly of military option Various statements from top government and Indonesian Military (TNI) officials about the problem of Aceh in the past week have confirmed our worst fear: The military option has been put back on the front burner once again.

KL palm oil extends losses on liquidation

KL palm oil extends losses on liquidation KUALA LUMPUR (Reuters): Malaysian palm oil futures again surrendered early gains to close lower on Tuesday as players liquidated long positions amid worries over falling sales to top buyer India.

ABC members reject new scoring system

ABC members reject new scoring system JAKARTA (JP): The Asian Badminton Confederation (ABC) has rejected the new best-of-five scoring system the International Badminton Federation (IBF) has been using since June.

Regional autonomy laws to be revised

Regional autonomy laws to be revised SURABAYA (JP): Minister of Home Affairs Hari Sabarno affirmed here on Tuesday that the regional autonomy laws put into effect early this year would soon be revised to resolve ongoing disputes among the provinces, as well as between provinces and the central...

Law on money politics sought to ensure democracy

Law on money politics sought to ensure democracy JAKARTA (JP): Minister of Justice and Human Rights Yusril Ihza Mahendra has underlined the importance of formulating a special law on money politics to help curb the rising trend of the crime.

Witnesses presented in Endin's trial

Witnesses presented in Endin's trial JAKARTA (JP): The Central Jakarta District Court presented on Tuesday four witnesses during the trial of Endin Wahyudin in a defamation case filed by two Supreme Court justices.

Asian economies struggling under hi-tech slump

Asian economies struggling under hi-tech slump SINGAPORE (AP): Three years after a devastating financial crisis, Southeast Asia's once high-flying economies are back in trouble. But the current slowdown is different in nature, and one that few expect to be as bad.

HK jails woman for abusing RI maid

HK jails woman for abusing RI maid HONG KONG (AFP): A Hong Kong housewife was sentenced to three and half years jail on Tuesday for violently and "cold-bloodedly" repeatedly assaulting her Indonesian maid.

Aceh's month-long sea blockade 'ineffective'

Aceh's month-long sea blockade 'ineffective' JAKARTA (JP): The month-long sea blockade launched by the Indonesian Navy in waters around the restive province of Aceh to curb arms smuggling has failed to bear fruit.Navy Chief of Staff Adm.

Political parties reluctant to make leadership changes

Political parties reluctant to make leadership changes The following are excerpts of the interview with sociologist Daniel Sparingga with The Jakarta Post's A. Asip Hasani on the issue of political party leadership.

Where to go in Surabaya:

Where to go in Surabaya:Music and Entertainment* Hyatt Regency Surabaya, Jl. Jend. Basuki Rakhmat 106-128 (Phone: 031 5311234): - Lobby: Gamelan (Traditional Music), 7 p.m. to 10 p.m. (Except Saturday), Solo Pianist, Monday to Friday and Sunday, 7 a.m. to 9 a.m., Saturday, 7 p.m. to 9 p.m.

Govt wants over $4.1b from CGI

Govt wants over $4.1b from CGI JAKARTA (JP): The government is likely to ask for more than US$4.1 billion from donor countries grouped under the Consultative Group on Indonesia (CGI) for the next budget year, citing increasing overseas debt repayments falling due next year.

RI exports to Japan may go up despite slowdown

RI exports to Japan may go up despite slowdown JAKARTA (JP): The state export promotion agency is confident that Indonesia will be able to boost its exports to Japan by eight percent to about US$8 billion (Rp 69.6 trillion) this year, from $7.

Govt to review Chandra Asri debt restructuring

Govt to review Chandra Asri debt restructuring JAKARTA (JP): The government will review the debt restructuring scheme for petrochemical firm PT Chandra Asri Petrochemical Center in response to findings claiming the scheme favored Japanese lenders while being disadvantageous to the government.

Amnesty for militia members possible: Gusmao

Amnesty for militia members possible: Gusmao DILI, East Timor (Agencies): East Timor's president in waiting, Xanana Gusmao, said on Tuesday that amnesties must be considered for some of those who led the deadly violence surrounding the territory's independence vote two years ago.

SEAG organizer worries about ticket sales

SEAG organizer worries about ticket sales KUALA LUMPUR (AP): With the 10-nation Southeast Asian Games less than two weeks away, organizers are reportedly having problems selling tickets to the various events including the opening and closing ceremonies.

South Korea sees Jiang's visit to North as boost to peace

South Korea sees Jiang's visit to North as boost to peace SEOUL (AFP): Seoul hopes China's President Jiang Zemin will press North Korea to end a freeze on contacts with the rival South when he visits Pyongyang next week, officials said on Tuesday.

Malaysia is a young country, having attained nationhood in

Malaysia is a young country, having attained nationhood in 1957. It is located just north of the equator in the heart of Southeast Asia. A strong stable economy, the country began as a two-commodity economy concentrating on generating wealth from its rich resources in tin and rubber.

Even the dead can't rest in peace

Even the dead can't rest in peace JAKARTA (JP): Heirs of the dead have complained at having to pay illegal levies for renting graves, Antara reported.A resident of Tebet, South Jakarta, Soekapjo, said on Monday that when he wanted to extend the rent of a grave in Karet Bivak cemetery, Central...