Indonesian Political, Business & Finance News

Archive: 31 August 2001

79 articles found

Asia set to gain from global aging

Asia set to gain from global aging TOKYO (Reuters): Asia's emerging financial markets could become global outperformers as a cyclical decline in the world's most developed economies, rooted in rapid population aging, triggers a huge shift in global asset allocation.

Sports bill aims to link KONI with government

Sports bill aims to link KONI with government JAKARTA (JP): The sports bill now being scrutinized by the House of Representatives suggests that the Indonesian Sports Council (KONI) come under the government's auspices for the benefit of the country's future sporting development.

Russia, China eye oil deal

Russia, China eye oil deal MOSCOW (AFP): Russia and China are on the verge of signing a major oil deal that will nearly double trade exchanges between the two sides by 2005, Beijing's new ambassador to Moscow said on Thursday.

Chinese-language program now shown on TV

Chinese-language program now shown on TVBy Ida Indawati Khouw JAKARTA (JP): China's national language, better known as Mandarin, was forbidden during Soeharto's New Order regime. The ban not only prohibited the speaking of Mandarin but also the possession of printed material -- either newspapers,...

'Red Cross' car carries ganja

'Red Cross' car carries ganja BANDA ACEH, Aceh: Police in Trumon, southern Aceh, seized 50 kilograms of marijuana on Thursday from a car bearing the logo of the Indonesian Red Cross (PMI) heading for Singkil, a southeastern town near the border with North Sumatra.

Summoning Harry

Summoning HarryFrom Rakyat MerdekaAs an Indonesian citizen, I totally agree with the summoning of Harry Roesli by Jakarta Police chief in relation to his insulting use of lyrics.To Harry Roesli it was probably a joke or a laughable matter, thought to be funny, but to me and some people it was an...

Hijacked tugboat docks at Belawan port

Hijacked tugboat docks at Belawan port MEDAN, North Sumatra (JP): The Ocean Silver tugboat, which had six of its crew members abducted in the Strait of Malacca two miles off Idi beach in East Aceh, arrived on Thursday at Belawan port in Medan with its remaining crew.

RI, Thai to lead Asian upturn: Mobius

RI, Thai to lead Asian upturn: Mobius HONG KONG (Reuters): Indonesia and Thailand will lead the recovery of Asian stock markets spurred by domestic demand and the region's increasing exports to China, Templeton Emerging Markets Fund said on Thursday.

RP growth above expectation

RP growth above expectation MANILA (AFP): The Philippines posted stronger than expected economic growth in the second quarter of 2001, exceeding private and government projections despite a global slowdown, officials said Thursday.Gross domestic product (GDP) growth in April-June period hit 3.

Chinese-language program now shown on TV

Chinese-language program now shown on TVBy Ida Indawati Khouw JAKARTA (JP): China's national language, better known as Mandarin, was forbidden during Soeharto's New Order regime. The ban not only prohibited the speaking of Mandarin but also the possession of printed material -- either newspapers,...

Malaysia's palm oil off high

Malaysia's palm oil off high KUALA LUMPUR (Reuters): Malaysian palm oil futures shed earlier gains and stayed in a negative territory at the close on Thursday despite late short covering ahead of the long holiday this week, traders said.

Women entrepreneurs

Women entrepreneurs It is with considerable interest that I have read the report of Asia Development Bank on Women Entrepreneurs Indonesia. As the economy is becoming more competitive, many countries are experiencing " Entrepreneurial Revolution" with women playing a very important roles in...

13 on death row for drug crimes

13 on death row for drug crimesBy Multa Fidrus JAKARTA (JP): In the past 18 months, the Tangerang District Court has surprisingly handed down death sentences to 13 defendants in drugs offenses.Another suspect is facing a life sentence, and will likely soon receive capital punishment as well.

1 x 27 48 pt NCSB

1 x 27 48 pt NCSB Refugee crisis rocks Howard By Patrick Barkham SYDNEY: The Australian government's refusal to allow 438 stranded asylum seekers on to its shores has bewildered the UN, Norway and much of the international community. 2.

Councillors suspected of receiving bribes

Councillors suspected of receiving bribes JAKARTA (JP): City Council Commission B for economic affairs may have accepted bribes for urging the city administration to halt the demolition of a building constructed illegally in Bung Karno Sports Complex, an activist said on Thursday.

Korpri and Independence Day

Korpri and Independence DayFrom Media IndonesiaEach time the country commemorates its Independence Day anniversary, the country's civil service corps (Korpri) is the most prominent of all state machineries in observing the national day, an indication of the civil service's devotion and loyalty to...

Five men arrested for illegal drugs

Five men arrested for illegal drugs BOGOR (JP): Five men were arrested on Wednesday while they were taking shabu-shabu (crystal methamphetamine) and watching VCDs in Pondok Surya, a villa in Cisarua, Bogor.

Message from the Ambassador: Friendship and support

Message from the Ambassador: Friendship and support 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.

Councillors accused of taking bribes

Councillors accused of taking bribes JAKARTA (JP): City Council Commission B for economic affairs may have accepted bribes for urging the city administration to halt the demolition of a building constructed illegally in Bung Karno Sports Complex, an activist said on Thursday.

Phases of the industrial development

Phases of the 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 economy.

Defamation charges inaccurate, says lawyer

Defamation charges inaccurate, says lawyer JAKARTA (JP): The lawyer of a housewife who was tried for reporting an alleged bribery case to the now-defunct Joint Anticorruption Team (TGPTPK) asked the court to reject the indictment on Thursday.

Cilacap seeks help to deal with 138 Afghan refugees

Cilacap seeks help to deal with 138 Afghan refugees CILACAP, Central Java (JP): Cilacap Regent Heri Tabri Karta requested on Thursday that the central government and the office of the United Nations High Commissioner for Refugees (UNHCR) help the local administration deal with 138 refugees from...

Caltex, authorities still at sea over security problems

Caltex, authorities still at sea over security problemsBy Mochammad N. Kurniawan DURI, Riau (JP): Although security problems have been plaguing oil firm PT Caltex Pacific Indonesia (CPI)'s operations in Riau province for several years now, the company and the local authorities are still in the dark...

Bowler tests positive, dropped from SEAG team

Bowler tests positive, dropped from SEAG team JAKARTA (JP): Men's bowler Lee You Tjam has been dropped from the Indonesian sporting delegation to the upcoming Southeast Asian (SEA) Games after testing positive for dope.

Time to disarm arms traffickers

Time to disarm arms traffickers Before (President Megawati Sukarnoputri) arrived (in Bangkok), Thai and Indonesian officials expected her to do little more than shake hands, exchange pleasantries and ask if Thailand would, perhaps, like to buy a few more light, Indonesian airplanes. (We wouldn't).

Rupiah Rates Aug.30

Rupiah Rates Aug.30 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,628.00 9,628.00 9,082.00 9,174.00Austrian schilling 1 568.90 635.53 598.83 605.56Australian dollar 1 4,580.61 5,116.32 4,821.63 4,875.06Belgian franc 1 194.06 216.79 204.27 206.

Giving the vote to OFWs

Giving the vote to OFWs When the two Houses of Congress finally find the time to buckle down to the task of making laws, after spending much time on inquiries in aid of legislation, they may want to give priority to a measure which would allow absentee voting.

1. 5Tossy --

1. 5Tossy -- East Timor struggles forward with difficult legacy 1 X 50 48pt Optima BoldE.Timor elections, next step toward independence By Aboeprijadi Santoso DILI, East Timor (JP): The general elections on Aug.

Rupiah's fluctuation within normal range: Dorodjatun

Rupiah's fluctuation within normal range: Dorodjatun JAKARTA (JP): Coordinating Minister for the Economy Dorodjatun Kuntjoro-Jakti played down on Thursday the weakness of the rupiah, saying that the local currency's fluctuation was still within normal limits."Fluctuation is quite normal.

PM to solve Thai Airways conflict

PM to solve Thai Airways conflict BANGKOK (AP): Thai Prime Minister Thaksin Shinawatra said on Thursday he will personally resolve a conflict between pilots and union leaders at Thai Airways International within one month.

Time to disarm arms traffickers

Time to disarm arms traffickers Before (President Megawati Sukarnoputri) arrived (in Bangkok), Thai and Indonesian officials expected her to do little more than shake hands, exchange pleasantries and ask if Thailand would, perhaps, like to buy a few more light, Indonesian airplanes. (We wouldn't).

ASEAN makes headway to restore economies

ASEAN makes headway to restore economies BANGKOK: In the most unfamiliar terrain, some ASEAN member countries are making advances in finance and corporate debt restructuring with Indonesia and Malaysia leading the pack. Some good news has also come out of the Philippines.

WB links future loans for Indonesia to corruption fight

WB links future loans for Indonesia to corruption fight JAKARTA (JP): The World Bank warned the government on Thursday to seriously tackle corruption, saying that progress in stamping out loan abuse was the key to the bank's future lending strategy for Indonesia.

Main batch of Indonesian athletes to depart on Sept. 5

Main batch of Indonesian athletes to depart on Sept. 5 JAKARTA (JP): The main batch of Indonesian athletes for the upcoming SEA Games in Kuala Lumpur will depart on Sept. 5, with officials remaining cautious about medal targets.

Rp 29b needed to rebuild Aceh schools

Rp 29b needed to rebuild Aceh schools JAKARTA (JP): The government needs Rp 29 billion (US$3.2 million) to rebuild 76 schools that were destroyed or badly damaged by armed gangs in Aceh on Aug. 14 and Aug. 15, Minister of National Education A. Malik Fadjar announced on Thursday.

Japan warns against delay in Chandra Asri deal

Japan warns against delay in Chandra Asri deal JAKARTA (JP): Japan warned Indonesia against a further delay in the restructuring of petrochemical firm PT Chandra Asri's debts, a move it said would erode investor confidence and deteriorate the value of the company's assets.

Mega needs tender approach in Aceh: Acehnese figures

Mega needs tender approach in Aceh: Acehnese figures JAKARTA (JP): Acehnese legislators and community leaders appealed on Thursday for President Megawati Soekarnoputri to take concrete reconciliatory measures to resolve the prolonged Aceh problem during her visit to the strife-torn province next...

Golkar opposes new commission to amend constitution

Golkar opposes new commission to amend constitution JAKARTA (JP): Golkar, the second largest party in the House of Representatives (DPR), is against the proposed establishment of an independent commission in charge of amending the 1945 Constitution, its chairman Akbar Tandjung said here on Thursday.

Bung Hatta has

Bung Hatta has broad outlookFrom Tempo Bung Hatta was a fatherly figure who had a broad outlook, was steadfast and displayed self-control. It was proven when he resigned from the vice presidency, as he was in disagreement with Bung Karno, the first president of the Republic of Indonesia.

Land available for forest squatters

Land available for forest squatters DONGGALA, Central Sulawesi: In effort to save the environment, the Donggala regency administration in Central Sulawesi has made a total of 1,200 hectares of land available for 1,030 people squatting in Dongidongi, an area in the protected Lore Lindu National Park.

UN reports huge turnout in E. Timor polls

UN reports huge turnout in E. Timor polls DILI, East Timor (AFP): An estimated 93 percent of eligible East Timorese cast ballots in their first free election on Thursday, two years to the day after their vote to split from Indonesia unleashed a militia orgy of death and destruction.

Winners' guitar concert draws large audience

Winners' guitar concert draws large audience JAKARTA (JP): It was a classical guitar winners' concert that ensured a packed-hall audience of more than 350 people in South Jakarta.The evening looked bright when Wildan Kamil Arifin appeared on stage clutching his amplified classical guitar.

Regions blamed for strikes

Regions blamed for strikes JAKARTA (JP): As teachers' strikes continued to hit a number of areas of the country, local administrations were scrambling to find funds, including commercial loans if necessary, to pay the teachers' back pay.

Chinese-language program now shown on TV

Chinese-language program now shown on TVBy Ida Indawati Khouw JAKARTA (JP): China's national language, better known as Mandarin, was forbidden during Soeharto's New Order regime. The ban not only prohibited the speaking of Mandarin but also the possession of printed material -- either newspapers,...

Court acquits labor activist of strike charges

Court acquits labor activist of strike charges TANGERANG (JP): The Tangerang District Court delivered a important verdict on Thursday as it acquitted labor activist Ngadinah from all charges made against her.

A waste of good talent in 'Rules of Engagement'

A waste of good talent in 'Rules of Engagement'------------------------------------------------------- Rules of Engagement, ** out of four stars Drama/Thriller, 128 minutes Starring Tommy Lee Jones, Samuel L. Jackson, Guy Pearce, Bruce Greenwood, Ben Kingsley, Anne Archer.

Vision

Vision Time for new national vision, strategy: Mega Page 2 Activist Court acquits labor activist of strike charges. Page 3 Entrepreneurship Entrepreneurial spirit, key to economic growth. Page 5Television Chinese-language program now aired on TV.

Evicted residents call for Mayor's dismissal

Evicted residents call for Mayor's dismissal JAKARTA (JP): Representatives of Marunda residents in North Jakarta visited the City Hall on Thursday to protest the North Jakarta Mayoralty's eviction of about 1,500 people from vacant land they had previously been permitted to cultivate.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug 30, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,525 0 55,500 Adindo Foresta 105 0 10,000 AGIS 130 0 155,000 Akbar Indo Makmur 1,075 125 1,857,000...

1. Caltex (3x15)

1. Caltex (3x15)Caltex, authorities still at sea over security problems 2. Dell (3x10)Dell adopts caution on Asian PC demand 3. Chand (2x28)Japan warns against delay in Chandra Asri deal4. Free (2x16)Experts allay fears over Freeport ruling 5. Auto (1x27)Japan to train auto part makers6.

Where to go in Jakarta: Friday, August 31, 2001

Where to go in Jakarta: Friday, August 31, 2001Art Summit III * Dance by Guangdong Modern Dance Company (Chinese), Graha Bhakti Budaya, Taman Ismail Marzuki, Jl. Cikini Raya 73, Central Jakarta, 8 p.m., Aug. 31 to Sept. 1.

PLN attacked for blackout

PLN attacked for blackout TANGERANG (JP): About 30 residents of Sepatan subdistrict in Tangerang attacked on Tuesday evening the office of state electric company PLN on Jl. Raya Mauk, following two power blackouts that occurred during the day.

Government targets below 5% growth in 2002

Government targets below 5% growth in 2002 JAKARTA (JP): Coordinating Minister for the Economy Dorodjatun Kuntjoro-Jakti said on Thursday that the government was targeting gross domestic product (GDP) growth of just below 5 percent in the next fiscal year.

Time to disarm arms traffickers

Time to disarm arms traffickers Before (President Megawati Sukarnoputri) arrived (in Bangkok), Thai and Indonesian officials expected her to do little more than shake hands, exchange pleasantries.In her meeting with Prime Minister Thaksin Shinawatra she brought up the arrest last May of two Thai...

Griya Husada Hospital vacated

Griya Husada Hospital vacated SURABAYA: The dispute over a building occupied by Griya Husada Hospital at Jl. Bubutan Galur here has ended with the court decision to transfer ownership of the building.Eviction of the hospital was conducted on Tuesday amid the cries of nurses and employees, following...

Inter-village brawl death toll rises to 11

Inter-village brawl death toll rises to 11 LUWU, South Sulawesi (JP): The number of dead victims in a brawl between residents of the neighboring villages of Bonto Karya and Padang Subur in Ponrang district, Luwu regency, some 430 kilometers north of Makassar, has increased to 11 following the...

TNI backs government policy on illegal migrants

TNI backs government policy on illegal migrants JAKARTA (JP): The Indonesian Military (TNI) says it fully supports the government policy rejecting a Norwegian freighter carrying 438 asylum seekers, mostly Afghans, and will prevent the ship from entering Indonesian waters.

Telkom responds

Telkom responds In response to Mr. M Yasan's letter in The Jakarta Post on Aug. 28, 2001 entitled Telkom must stop advertising itself, we would like to explain as follows:1. We could not fulfill Mr. Yasan's 1999 application due to our limited access network capacity.2.

Appreciate local teachers

Appreciate local teachersFrom Media IndonesiaI would like to refer to a report in Suara Karya on Aug. 23 titled The Bengkalis local administration pays teachers from Malaysia Rp 8 million per month/person, in which it was mentioned that Malaysian teachers work as tutors.

Time to disarm arms traffickers

Time to disarm arms traffickers Before (President Megawati Sukarnoputri) arrived (in Bangkok), Thai and Indonesian officials expected her to do little more than shake hands, exchange pleasantries.In her meeting with Prime Minister Thaksin Shinawatra she brought up the arrest last May of two Thai...

A nation in the heart of Southeast Asia

A nation in the heart of Southeast Asia 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...

Ignoring warning, robber shot dead

Ignoring warning, robber shot dead JAKARTA (JP): An alleged robber was shot dead for ignoring warning shots as he attempted to flee from police in the early hours of Thursday on Jl. Peta in Kalideres, West Jakarta.

Time for new national vision, strategy: Mega

Time for new national vision, strategy: Mega JAKARTA (JP): Defying the conservative disposition which many pundits had assigned to her, President Megawati Soekarnoputri on Thursday called for a revamp of the nation's vision and strategy in keeping with the changing times.

Efforts to preserve Sundanese culture remain vocal

Efforts to preserve Sundanese culture remain vocalBy Yuli Tri Suwarni BANDUNG (JP): The First International Conference on Sundanese Culture produced some recommendations which it is hoped will be able to help preserve the Sudanese culture, although the main point of preserving the language received...

KL vows to sweep badminton golds

KL vows to sweep badminton golds JAKARTA (JP): Host Malaysia is upbeat of turning badminton, one of its favorite sports, into a gold mine of its own at the Southeast Asian (SEA) Games, following its shuttlers' convincing performances in several events.

Outspoken army general dies of heart failure

Outspoken army general dies of heart failure JAKARTA (JP): Agus Wirahadikusumah, an outspoken army general who was known for his courage in calling for major reforms to Indonesia's powerful military, died on Thursday.Lt. Gen.

APP has paid for electricity

APP has paid for electricity SINGAPORE (Dow Jones): Singapore Power Ltd. has received full payment to date for its electricity sales to Indonesian plants belonging to financially troubled Asia Pulp & Paper Co., but still has outstanding payments due from APP's China operations.

Exporting violence

Exporting violence Has the average Indonesian good reason to be grateful to British Foreign Minister, Ben Bradshaw, for his recent announcement that the United Kingdom is once again deigning to resume arms sales to this country, providing, of course, that the Indonesian military (TNI) honors its...

Robbery victim under arrest

Robbery victim under arrest JAKARTA (JP): Businessman Ari Sutanto was put in police custody after being held for questioning on Wednesday for fatally shooting a man who had tried to rob him, an officer said on Thursday.

Where is the law enforcement?

Where is the law enforcement? One of our employees has embezzled company funds amounting to hundreds of millions of rupiah and the case has been brought to court.Bandung District Court, in its verdict No.243/PID/S/2001/PN.

Where to go in Jakarta: Friday, August 31, 2001

Where to go in Jakarta: Friday, August 31, 2001Art Summit III * Dance by Guangdong Modern Dance Company (Chinese), Graha Bhakti Budaya, Taman Ismail Marzuki, Jl. Cikini Raya 73, Central Jakarta, 8 p.m., Aug. 31 to Sept. 1.

Guangdong dance troupe a dynamic experience

Guangdong dance troupe a dynamic experience JAKARTA (JP): A blend of dynamic and vibrant movements, balanced with extraordinary athleticism and an elegant thrust of body language will be brought to the stage by the Guangdong Modern Dance Company of China for the Third Arts Summit Indonesia 2001.

Union wants better deal for contract workers

Union wants better deal for contract workers JAKARTA (JP): The Indonesian Prosperity Trade Union (SBSI) called on the government on Thursday to tighten the regulations on hiring contract workers, saying that many of them had been treated unfairly by their employers.

Where to go in Jakarta:

Where to go in Jakarta:Art Summit III * Dance by Guangdong Modern Dance Company (Chinese), Graha Bhakti Budaya, Taman Ismail Marzuki, Jl. Cikini Raya 73, Central Jakarta, 8 p.m., Aug. 31 to Sept. 1. * Balinese Traditional Music: Gugatan Bambu Bali by I Nyoman Windha, Gedung Kesenian Jakarta, 8 p.m.

Police arrest murder suspect

Police arrest murder suspect SANUR, Bali: Police have arrested a man for allegedly killing an 18-year-old office assistant last Friday.Sanur Police chief Adj. Comr. Harjanto Kartiko said here on Wednesday that 24-year-old Denny was picked up from his residence on Jl. Pulau Buaji II No.

Pirated tugboat arrives in Belawan

Pirated tugboat arrives in Belawan MEDAN, North Sumatra: The Ocean Silver tugboat, which had six of its crew members abducted in the Strait of Malacca two miles off Idi beach in East Aceh, arrived on Thursday at Belawan port in Medan with its remaining crew.

Chinese-language program now aired on TV

Chinese-language program now aired on TVBy Ida Indawati Khouw JAKARTA (JP): China's national language, better known as Mandarin, was forbidden during Soeharto's New Order regime. The ban not only prohibited the speaking of Mandarin but also the possession of printed material -- either newspapers,...

Japan to train auto part makers

Japan to train auto part makers JAKARTA (JP): A group of five Japanese auto experts will provide technical support to local small- and medium-scale auto component makers under a two-year project, an executive said on Thursday.

Experts allay fears over Freeport ruling

Experts allay fears over Freeport ruling JAKARTA (JP): Industry experts dismissed fears that the court ruling handed down to gold mining giant PT Freeport Indonesia in a case filed by the Indonesian Forum for Environment (Walhi) would dampen investor sentiment in the country's mining sector.