Indonesian Political, Business & Finance News

Archive: 12 September 2001

Showing 51-75 of 75 articles

SEA Games Results

SEA Games Results Cycling Women's 500m ITT 1. Santia Tri Kusuma (Ina) - 38.504 seconds 2. Halimah Mohd Janis (Mas) - 38.520 3. Thipawan Janturn (Tha) - 38.627 Men's 4km team pursuit 1. Indonesia 4:33.094 - New SEA Games record 2. Malaysia 3. Philippines Men's Olympic Sprint 1. Indonesia 1:04.511s 2. Malaysia 1:04.753s 3. Philippines Karate Men's Individual Kumite below 70KG 1. Sonny Simangansong (Ina) 2. Junel O Perania (Phi) 3. Lee Yung Siang Ken (Sin) and R.

Government fuel hike plan meets with opposition

Government fuel hike plan meets with opposition JAKARTA (JP): The government's plan to increase domestic fuel prices next year has been frowned upon by the public, who have called the current fuel prices "burdensome". "Prices are high due to the previous fuel price hike. If Megawati's administration raises them again, people like me will find it harder to support our families," Budi Prihandoko, a sales clerk at Kinokuniya book store in Plaza Indonesia, Central Jakarta, said.

Oil producers, importers divided on price volatility

Oil producers, importers divided on price volatility SINGAPORE (AFP): A gulf between oil-producing and importing countries over how best to combat price and supply volatility was exposed at a regional petroleum conference here Tuesday. India, one of Asia's biggest oil importers, urged major producers to act immediately to bring down high oil prices which are aggravating the global economic downturn, particularly in developing countries.

UN hopeful that refugees will return to East Timor

UN hopeful that refugees will return to East Timor DILI, East Timor (Agencies): East Timor's United Nations administrators said Tuesday they were hopeful that an upcoming refugee return would mark the resumption of repatriations from Indonesia despite continuing militia violence. Nagalingam Parameswaran, the world body's chief of staff in East Timor, said that up to 2,000 refugees who were formerly blocked from leaving by a pro-Jakarta militia group were expected to return home Friday.

Indonesia, Vietnam split team karate finals, but Malaysia

Indonesia, Vietnam split team karate finals, but Malaysia dominates medals KAJANG, Malaysia (AP): Vietnam grabbed three gold medals in karate Tuesday at the Southeast Asian Games, but host Malaysia won a final gold to come away with a total of nine and utterly dominate the sport. The Malaysian victory went to Tiagu Ponniyah in the men's 80- kilogram category, with a 9-7 edge over Thailand's Saner Jaritrum. Sudirman, an Indonesian who uses only one name, and Tran Hai Ha shared the bronzes.

Governor considers Slovakian buses for Jakarta

Governor considers Slovakian buses for Jakarta JAKARTA (JP): The city administration announced on Tuesday that it was considering purchasing Slovakian buses to modernize the city's public buses. "As European vehicles, the Slovakians buses are of good quality, although their prices are a bit higher than the Chinese buses," Sutiyoso told reporters after a meeting with Slovakian Embassy staff here and executives of a Slovakian bus producer.

Expert calls for sustainable tourism development

Expert calls for sustainable tourism development YOGYAKARTA (JP): An expert of the United Nations Educational, Scientific and Cultural Organization (UNESCO) has called upon those involved in tourism to apply the concept of sustainable tourism development to halt any damage caused by the tourist industry.

JP/4/other6

JP/4/other6 Abduction, again Once again, we have to face the bitter fact that abduction is still on the rise, the latest case being the kidnapping of four ulemas and an official of the transportation office. This incident followed their meeting with President Megawati Soekarnoputri in Banda Aceh. All the hostages have been released, but this has not eased public anxiety.

NGOs push debate on constitutional commission

NGOs push debate on constitutional commission JAKARTA (JP): Nongovernmental organizations (NGOs) are intensively lobbying leaders of political parties at the People's Consultative Assembly (MPR) to agree with the proposed establishment of an independent commission to conduct comprehensive amendments to the 1945 Constitution.

Jaundice may pose serious threat to newborns: Expert

Jaundice may pose serious threat to newborns: Expert By Donya Betancourt SANUR, Bali (JP): Some newborns develop a condition called "neonatal jaundice" or "hyperbilirubinemia", which happens to about 25 percent to 60 percent of all newborns. What is jaundice? Jaundice is a condition when a person has yellow eyes and yellow skin. The color results from "bilirubin" which is a yellow pigment produced from red blood cells breaking down.

Illegal Indonesian ramin logs seized in Malaysia

Illegal Indonesian ramin logs seized in Malaysia KUALA LUMPUR (DPA): Malaysian authorities, acting on a tip-off from a London-based green group, have seized an illegal shipment of Indonesian ramin logs, which are banned from export to protect the habitat of orang-utans, a news report said Tuesday. The valuable logs, which can fetch up to US$1,000 per cubic metre in Western markets, were seized in Malacca state last week by forestry authorities.

Drop draconian decree: Acehnese

Drop draconian decree: Acehnese JAKARTA (JP): The Acehnese people's call for the revocation of a presidential decree that was used to authorize a military operation in this restive province gets the cold shoulder from Jakarta. Indonesian Military (TNI) Commander Adm. Widodo A.S. categorically rejected here on Tuesday the possibility of revoking the 2001 Presidential Decree No. 4 issued by former president Abdurrahman Wahid.

PricewaterhouseCoopers submits forensic audit on Telkom ops

PricewaterhouseCoopers submits forensic audit on Telkom ops JAKARTA (JP): PricewaterhouseCoopers has submitted a forensic audit report on the West Java and Banten operations of PT Telkom, covering the period from January 1996 to September 2000, Telkom's joint-operating scheme (KSO) partner PT AriaWest International said.

Mega's no-show upsets locals

Mega's no-show upsets locals JAKARTA (JP): The closure of Jl. Agus Salim in anticipation of an appearance by President Megawati Soekarnoputri, has left many people disappointed. President Megawati, scheduled to arrive on Tuesday, failed to make an appearance. Hanafi, a security officer at the Gondangdia subdistrict office, said that President Megawati was to officially open a clinic which conducted free circumcisions in a building across from Theresia Church. Also, Jl.

Drug dealer arrested in Bali

Drug dealer arrested in Bali DENPASAR, Bali: Police arrested a suspected drug dealer here on Tuesday, seizing 0.5 kilograms of marijuana found in the man's possession. Bali Police Narcotics Division chief Adj. Sr. Comr. Wayan Suwena said that 26-year-old Darwin Baringbing, alias Darwin Tampubolon, was arrested at around 1 a.m. by undercover police officers claiming to be buyers. He was waiting for potential buyers in a dark corner of Jl.

1. Coment (3x15)

1. Coment (3x15) Mixed reactions on IMF's loan disbursement 2. Tour (2x20) Expert calls for sustainable tourism development 3. Dieng (3x14) PLN ordered to operate idle Dieng power plant 4. Telkom (2x24) PwC submits forensic audit on Telkom operations 5. Budget (1x26) House to start budget debate House to start debating state budget Wednesday 6. IBRA (2x12) New decree on IBRA submitted 7. Price (2x22) Oil producers, importers divided on price volatility 8.

E. Timor leaders make landmark visit to Indonesia

E. Timor leaders make landmark visit to Indonesia JAKARTA, Indonesia (AP): East Timor's independence leader Xanana Gusmao and foreign minister Jose Ramos Horta arrived Tuesday for their first meeting with Indonesian President Megawati Soekarnoputri. During the two-day visit, the delegation, which includes East Timor's UN administrator Sergio Vieira de Mello, will discuss forging closer economic links and improving border security.

Rupiah Rates Sept.11

Rupiah Rates Sept.11 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

RI wins women's badminton gold

RI wins women's badminton gold SHAH ALAM, Malaysia (AP): Longtime champion Indonesia reasserted its dominance of women's team badminton at the Southeast Asian Games Tuesday, beating Thailand 3-1 for the gold medal. Although badminton standards in the world's fourth most populous nation have slipped a little since its heyday of the early 1990s, Indonesia has not lost the title since 1977. Malaysia and Vietnam took bronze.

Content of the Investment Policy Reform Initiative:

Content of the Investment Policy Reform Initiative: 1. Preparing a National Investment Law to replace existing laws. 2. Shortening the negative investment list. 3. Simplifying procedures in establishing a company. 4. Further reducing and simplifying taxes and duties through ongoing tax and trade policy reform programs. 5. Availability of foreign exchange for imports, and commitment to ease repatriation of capital. 6. Introduce a system giving foreign investors access to local financing. 7.

Police target Senen, Pramuka markets for fake drug raids

Police target Senen, Pramuka markets for fake drug raids JAKARTA (JP): City police are targeting two markets in Central Jakarta and East Jakarta in an attempt to crackdown on the distribution of fake medicines in the capital, an officer said on Tuesday. Spokesman for the Jakarta Police Sr. Comr.

Court asked to sentence Endin to three months imprisonment

Court asked to sentence Endin to three months imprisonment JAKARTA (JP): Endin Wahyudin, a defendant in a defamation case against two Supreme Court justices, expressed his frustration as the prosecutor asked the Central Jakarta District Court on Tuesday to sentence him to three months imprisonment with six months probation. "This country wants to combat corruption, collusion and nepotism.

Gasoline shortage hits several cities

Gasoline shortage hits several cities JAKARTA (JP): Hundreds of cars were seen queuing at ten gasoline stations in the South Sulawesi capital of Makassar on Tuesday following gasoline shortages in the city since Monday. The cars arrived at the gasoline stations in the morning and many of them left in the afternoon after waiting for gasoline. Some of the gasoline stations were overwhelmed by the vehicles.

Probation sentence sought for man tried for slander

Probation sentence sought for man tried for slander JAKARTA (JP): Endin Wahyudin, a defendant in a defamation case against two Supreme Court justices, expressed his frustration as the prosecutor asked the Central Jakarta District Court on Tuesday to sentence him to a three-month suspended jail term with a six-month probation period. "This country wants to combat corruption, collusion and nepotism.

PwC submits forensic audit on Telkom

PwC submits forensic audit on Telkom JAKARTA (JP): PricewaterhouseCoopers has submitted a forensic audit report on the West Java and Banten operations of PT Telkom, covering the period from January 1996 to September 2000, Telkom's joint-operating scheme (KSO) partner PT AriaWest International said. "The findings of this audit will be highly pertinent to all Indonesians and, indeed, to Telkom's foreign shareholders," AriaWest chief financial officer Stephen Dowling said in a statement on Tuesday.