Indonesian Political, Business & Finance News

Archive: 15 September 2001

Showing 51-86 of 86 articles

Who dares say whom U.S. should accuse?

Who dares say whom U.S. should accuse? By the time I opened The Jakarta Post on Sept. 13, I had just began to recover somewhat from the shock the horrifying disaster that struck New York City on Tuesday morning had caused me; I had just been able to call my son, whose office, which I know well, is right next to the World Trade Center. I was immensely relieved to hear that Marc had managed to escape unscathed from that inferno and that he could walk back home that morning.

Indonesia dominates downhill cycling events at SEAG

Indonesia dominates downhill cycling events at SEAG By Novan Iman Santosa KUALA LUMPUR (JP): Indonesia confirmed its top-rank status in cycling at the 21st Southeast Asian Games after winning both downhill mountain bike medals at the Rubber Research Institute in Sungai Buloh, some 45 kilometers north of here on Friday. Sugianto Setiawan won the gold for Indonesia in the men's 1.5km downhill and Risa Suseanty in the women's 1.5km downhill events.

Pencak silat athletes save RI pride

Pencak silat athletes save RI pride By Novan Iman Santosa KUALA LUMPUR (JP): Pencak silat athletes salvaged some Indonesian pride at the SEA Games after winning four golds on Friday as the two-horse race between Malaysia and Thailand intensified. Bambang Priwahyudi, Tuti Winarni, Dwi Shimanto and the pairing of Yusuf Hidayat/Asep Solihin gave some consolation to Indonesia, which looks destined to end up in the third position in the overall championship stakes.

Where to go in Jakarta:

Where to go in Jakarta: Art Summit III * Dance Kim Bock Hee Contemporary Dance Company (Korean), Graha Bhakti Budaya, Taman Ismail Marzuki, Jl. Cikini Raya 73, Central Jakarta, 8 p.m., Sept. 16 - 17. * Music Yuji Takahashi (Japanese), Gedung Kesenian Jakarta, Jl. Gedung Kesenian No. 1, Central Jakarta (Phone: 3808283), 8 p.m., Sept. 16 - 17. Exhibitions * Sculpture, Cipta Gallery, Taman Ismail Marzuki, Jl. Cikini Raya 73, Central Jakarta, 10 a.m. to 9 p.m., until Sept. 30.

Asian currencies mixed late, won down on economic worries

Asian currencies mixed late, won down on economic worries SINGAPORE (Dow Jones): Asian currencies were mixed late Friday as uncertainties continued to discourage trading in the wake of Tuesday's terrorist attacks in the U.S. While Asia's foreign exchange markets remained at a virtual standstill for the third consecutive day, the South Korean won succumbed to growing worries that a crippled U.S. economy may hammer the export-dependent North Asian country, dealers said.

Fire destroys house, kills two children

Fire destroys house, kills two children JAKARTA (JP): Two children were killed when fire destroyed their parent's house on Jl. Enim, Tanjung Priok, North Jakarta, early on Friday morning. Tasritin 8, and his brother Saturoh 15, were sleeping when fire engulfed the building after midnight. The parents were not in the house when the incident took place. The fire was extinguished within an hour by seven fire engine units.

Falun Gong members join Global Walk

Falun Gong members join Global Walk JAKARTA (JP): In protest to the repression of Falun Gong members in China, around 40 Indonesian members are conducting a seven-day walk from Bandung, West Java, to Jakarta. It will end on Tuesday in front of the Chinese embassy here. The so-called Global Walk of some 180 kilometers is aimed at gathering support for the Falun Gong movement. "We start by meditating each morning before starting the days walk..

KL to raise pump-priming to offset U.S. fallout

KL to raise pump-priming to offset U.S. fallout KUALA LUMPUR (AFP): Malaysia is considering further pump priming measures to mitigate a weakening of the U.S. economy due to this week's terrorist attacks, Prime Minister Mahathir Mohamad said Friday. The premier said the Malaysian economy was "closely-pegged" with that of the United States and the "incident will divert all attention away from pure trade and things like that to matters of security." "The U.S.

Local cable firm targets Holland

Local cable firm targets Holland By Luas Samudera JAKARTA (JP): In a bid to tap into the huge Indonesian-related market in the Netherlands, Indonesian firm PT Candi Pandawa Pratama is to introduce round-the-clock all Indonesian programming cable channel Candi Television Network (CTN).

Giant oil, gas firms maintain normal ops

Giant oil, gas firms maintain normal ops JAKARTA (JP): Two giant U.S.-based oil companies said that they have maintained normal levels of production at their Indonesian operations despite Tuesday's terrorist attacks in New York and Washington. "Our production has been normal but we will continue to monitor the security condition here," ExxonMobil Oil Indonesia Inc.

Learning, a never-ending process for personal growth

Learning, a never-ending process for personal growth By Pri Notowidigdo JAKARTA (JP): One of my students, came up to me the other day and asked me whether her MM/MBA degree would guarantee her a satisfying and well-paid job after she graduates. She has an accounting degree coupled with seven years of work experience. I teach a course in a joint MM/MBA Program at The Indonesian Institute for Management Development/Monash University.

Minister criticizes teachers over strike

Minister criticizes teachers over strike JAKARTA (JP): Debates on whether teachers are justified in going on strike continue as Minister of National Education Abdul Malik Fajar expressed displeasure with a series of recent widespread teachers' strikes to demand their six-months of back pay. But an official of the Indonesian Teachers Union (PGRI) argued that teachers saw no other choice but to strike to make the government disburse their back pay.

Transgenic cotton irks farmers

Transgenic cotton irks farmers MAKASSAR, South Sulawesi (JP): Farmers in the province have proved that genetically modified cotton is not as productive as scientists and capitalists have always claimed. Farmers in the village of Kajang in the Bulukumba regency, about 230 kilometers south of Makassar, have burned down their plantations in a show of discontent towards PT Monsanto, the supplier of transgenic cotton seeds imported from Australia.

Marine deserter shot for robbery

Marine deserter shot for robbery SURABAYA: The police have shot Mar San, a marine deserter, on Jl. Sumoharjo here for his alleged involvement in a major robbery in Bogor, West Java, East Java police chief Insp. Gen. Sutanto said. Sutanto explained that with the capture of Mar San, believed to be the mastermind of the robbery, police have managed to arrest five of the 10 suspects. "We are still hunting down five other suspects," he was quoted by Antara as saying on Wednesday.

India revives plan to build oil stocks

India revives plan to build oil stocks NEW DELHI (Reuters): Worries of a disruption in oil supplies after terror attacks on the United States have revived India's three-year-old plan to build a strategic reserve of crude oil, government officials said on Friday. State-run refiners are also in the process of doubling product tankage capacity to 0.87 million kiloliters from 0.43 million kiloliters, the official said. "We are actively discussing the proposal.

Atrium bombers admit involvement in church blasts

Atrium bombers admit involvement in church blasts JAKARTA (JP): City Police chief Insp. Gen. Sofyan Jacoeb said on Friday, suspects who were arrested in connection with the Atrium Plaza blast have admitted that they were also involved in a series of church bombings in the city earlier this year, including those on churches on Christmas Eve last year.

Where to go in Jakarta: Saturday, September 15, 2001

Where to go in Jakarta: Saturday, September 15, 2001 Art Summit III * Dance Kim Bock Hee Contemporary Dance Company (Korean), Graha Bhakti Budaya, Taman Ismail Marzuki, Jl. Cikini Raya 73, Central Jakarta, 8 p.m., Sept. 16 - 17. * Music Yuji Takahashi (Japanese), Gedung Kesenian Jakarta, Jl. Gedung Kesenian No. 1, Central Jakarta (Phone: 3808283), 8 p.m., Sept. 16 - 17. Church Services * Church of Christ Worship Service in English, in the meeting room, the ground floor, Brawijaya Apartment, Jl.

Rahardi not on Interpol wanted list, police say

Rahardi not on Interpol wanted list, police say JAKARTA (JP): The name of former minister of trade and industry and former chairman of the State Logistics Agency (Bulog) Rahardi Ramelan who is reportedly visiting Boston, U.S., has yet to be put on Interpol's wanted list, an officer said on Friday. Deputy spokesman of the National Police Brig. Gen.

Malaysia state agency wins control of United Engineers

Malaysia state agency wins control of United Engineers KUALA LUMPUR (Reuters): Malaysian state agency Syarikat Danasaham said on Friday it had won control of infrastructure firm United Engineers (UEM), the first step of a US$1.0 billion plan to salvage the country's biggest debtor. UEM, part of the UEM-Renong group, owes more than 20 billion ringgit ($5 billion), most of which it cannot repay after spending huge sums in state projects that have been slow to generate sufficient returns.

APEC looks to Europe, China

APEC looks to Europe, China By Jason Leow BEIJING: With pen to notebook and fingers to their recorders, reporters were ready to dash to the first delegate who emerged from the opening day of talks at the Asia-Pacific Economic Cooperation forum (APEC) Finance Ministers' Meeting last week. Their mission: To record the wisdom of experts on how to beat the global gloom.

'Becak': Treasure of the metropolis

'Becak': Treasure of the metropolis By Ed Kiefer and Lea Jellinek JAKARTA (JP): Singapore, San Francisco, and Sydney love their pedicabs (becaks), as do many other modern cities around the world. Why is the Jakarta administration trying to eliminate this great asset of the city? The government has been treating becak drivers very severely in recent weeks. Their vehicles are being confiscated, crushed and dumped in the sea.

1. Duit ( 2 x 25 )

1. Duit ( 2 x 25 ) Asian currencies mixed late, won down on economic worries 2. Market ( 1 x 35 ) U.S. stock markets to reopen Monday 3. Oil ( 1 x 35 ) Oil rises, worries of U.S. retaliation 4. Gold ( 2 x 24 ) EU precious metals rally, anticipate U.S. action 5. Belum ( 2 x 16 ) CPO extends losses, freight rates down

Aceh 'refugees' encroach on park

Aceh 'refugees' encroach on park MEDAN, North Sumatra: More than 500 families of Acehnese who fled clashes between separatist rebels and the military have encroached on Gunung Leuser National Park, a non-governmental organization reported on Friday. They have turned part of the park into a refugee camp and built a school as their number constantly increases, according to Ridwan AR, coordinator of Conservation Management of Leuser.

Grand Manhattan, my kind of club -- kind of

Grand Manhattan, my kind of club -- kind of JAKARTA (JP): The Grand Manhattan Club in the Hotel Borobudur is a new and swanky three-floor affair, another of those one-stop entertainment places. Physically, the place is impressive. Not so impressive are the size of the crowds it attracts, which is to say it doesn't attract much of a crowd. But it is still new, having had its grand opening about a week ago, so one can assume it's still finding its feet.

1. Toll(3 x 15)

1. Toll(3 x 15) Bell tolls for global economy despite best effort 2. ( 2 x 21 ) Life insurers prepare for WTC and Pentagon claims 3. Ansett ( 2 x 15 ) Receivers suspend all Ansett flights 4. Store ( 2 x 16 ) Retailer Mycal asks for protection 5. Asean ( 2 x 21 ) U.S. strikes prompt ASEAN to lure investment 6. KL ( 2 x 20 ) KL to raise pump-priming to offset U.S. fallout 7. India ( 2 x 16 ) India revives plan to build oil stocks

India-U.S. D. Cup set to October

India-U.S. D. Cup set to October NEW DELHI (Reuters): India's Davis Cup World Group playoff tie against the United States scheduled for next week has been postponed in the wake of Tuesday's terror attacks in New York and Washington DC, an Indian official said on Friday. "The tie has been postponed to be played from Oct. 12 to 14," Dr Vece Paes, the father of India's leading player Leander Paes and team doctor, told Reuters by phone from Calcutta.

Steel firm to raise output

Steel firm to raise output JAKARTA (JP): Steel pipe manufacturer PT KHI Pipe Industries, a subsidiary of state-owned PT Krakatau Steel Group, plans to increase its output to 54,000 tons next year, from 50,000 tons this year.

Thais halt Indonesia's clean sweep in shooting

Thais halt Indonesia's clean sweep in shooting KUALA LUMPUR (JP): Thailand denied Indonesian woman shooters of a clean sweep in the double trap event at the Subang Shooting Range on Friday. Both teams shared the glory, with Indonesia reigning supreme in the team event and Thailand taking the individual category. The trio of Sarmunah, Sylvia Silimang, and Supadmi, who grabbed both golds in the trap event on Saturday, combined for a total of 289 points over three rounds to win the team gold.

KL calls for world summit to crush militancy, terror

KL calls for world summit to crush militancy, terror KUALA LUMPUR (Agencies): Calling for a summit of world leaders to tackle terrorism, the Malaysian government said on Friday that actions such as its recent crackdown on suspected Islamic militants are necessary to prevent tragedies like the attacks in the United States.

Terrorism is a global threat to humanity

Terrorism is a global threat to humanity By Rizal Sukma Tuesday's unprecedented tragedy in the United States was a calculated attack on humanity, writes Dr. Rizal Sukma, Director of Studies at the Centre for Strategic International Studies, Jakarta. JAKARTA (JP): The attack on America, which occurred in the early morning of Sept. 11, was a despicable example of an evil act against humanity. No one should simply say that the attack was against the United States or the American people.

Reform necessary

Reform necessary within PT KAI From Koran Tempo The recent, terrifying accident between a passenger train and a locomotive that was shunting in Cirebon station caused a huge number of victims, loss of passengers' property and heavy damage to the nation's assets. Subsequently, the minister of transportation and his "assistant" (nb. meaning the chief, or top management) in the state railway company (PT KAI) said they would immediately resign, to which I expressed my "salute".

Two Indonesians spared tragedy

Two Indonesians spared tragedy By Ramdani Sirait NEW YORK (Antara): Even though Nelson Sihombing and Anton Harianto, two Indonesian immigrants working at the World Trade Center (WTC), were spared from Tuesday's tragedy, they grieved for the death of their close friends when two hijacked planes hit the WTC twin towers. Nelson and Anton's workplaces were located in one of the 110- story towers and the two had yet to arrive at their workplace when the calamity took place.

1,000 teachers on strike in Bali

1,000 teachers on strike in Bali DENPASAR, Bali: Some 1,000 teachers in the capital of Karangasem regency, some 75 kilometers east of here, staged a strike that virtually shut down dozens of state schools on Friday. It was the first teachers' strike reported in the usually serene province of Bali. Rumor has it that teachers in several other regencies plan to also strike over the next few days. "All teachers turned up at school, but they refused to teach.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 14, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,375 -50 54,500 Adindo Foresta 105 0 0 AGIS 125 -5 424,500 Akbar Indo Makmur 625 -50 22,500 Alakasa 215 5 4,000 Alfa Retailindo 900 0 107,500 Alter Abadi 85 5 10,000 Alumindo Light 625 -25 500 Andhi Chandra 2,025 0 0 Aneka Kimia Raya 210 0 0 Aneka Tambang 950 -25 2,627,500 Apac Citra 300 -25...

Yogyakartan troops gear up for war game

Yogyakartan troops gear up for war game Text and photos by Tarko Sudiarno YOGYAKARTA (JP): All humans despise war but it is sometimes unavoidable. Therefore, each community has its own troops to defend itself from enemies. On Sunday evening (Sept. 9), the Yogyakarta Kraton (palace) guards lined up in the northern square of the palace. People wondered if Yogyakarta was under attack. Apparently not.

KL, S'pore hold defense talks

KL, S'pore hold defense talks SINGAPORE (AFP): Malaysian air force chief Gen. Suleiman bin Mahmud met Singapore's Defense Minister Tony Tan on the final day of a two-day visit here, the government said on Friday. The Malaysian air force chief also met with his Singaporean counterpart Lim Chuan Poh and viewed the city-state's aircraft and air defense systems.