Indonesian Political, Business & Finance News

Archive: 25 September 2001

Showing 51-76 of 76 articles

Auction to save environment

Auction to save environment JAKARTA (JP): People wishing to save the local marine environment might consider attending a charity auction on Sept. 30 as part of a seven-day exhibition titled Save Our Sea at the National Museum in Central Jakarta. The exhibition, which was opened by Minister of Maritime Affairs and Fisheries Rokhimin Dahuri on Monday, presents some paintings and sculptures of 127 artists, including art masters Djoko Pekik, Jeihan and H.

1. Cyber (3x15)

1. Cyber (3x15) Law on digital signature urgent, minister says 2. Astra (3x10) Astra books Rp 966 billion in net profit 3. Inflat (2x26) Single digit inflation rate still possible: BPS 4. Sugar (2x18) Sugarcane farmers blast import facility 5. India (2x16) Interest in gold rising in India 6. Debt (3x8) IBRA secures restructuring deals 7. Korea (2x18) Slower Korea growth threatens reforms 8. Apac (1x24) Apac invests in waste facility 9.

1 X 24 48pt Bodoni

1 X 24 48pt Bodoni Abide by internatinal norms By Meidyatama Suryodiningrat JAKARTA (JP): With the U.S. strike force ready to launch and the American public hungry for revenge, Washington looks set to escalate their war on terrorism into a war on Afghanistan. 2. Economy -- 1 X 32 36 pt Bodoni The steps to check a global slump By Larry Elliott LONDON: Three business executives turned up at Logan airport in Boston last Tuesday.

TV today

TV today TVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Environment 8:45 News: Hallo, Metro Indonesia 10:00 Children's Songs 10:30 30 minutes with Anita Rahman 11:00 Regional News 11:30 Music 12:00 p.m. News 1:00 Talk Show 2:00 News 2:30 Debating 3:30 Children's Singing Contest 4:00 Quiz 4:30 Children's Tales 5:15 TV Drama 6:00 News 7:00 Talk Show 8:00 Talk Show 9:00 Music 10:00 News 10:30 TV Drama 11:30 TV Drama Program 2 5:30 p.m.

Students clash with residents

Students clash with residents MEDAN, North Sumatra: At least 60 students of Saint Thomas Catholic University in Tanjung Sari subdistrict in down town Medan were injured and admitted to hospitals during a two-day clash with locals, reports said on Monday. The clash was aparked by arguments betwwen locals and a group of people claiming to be students of the university "The victims among the students are 60 people.

Indonesian culture inspires Poland's batikmakers

Indonesian culture inspires Poland's batikmakers By Sri Wahyuni YOGYAKARTA (JP): The name Maria Haseic of Poland may not be well-known in Indonesia, especially to batik lovers, but her work gained much admiration. Haseic had not been to Indonesia before nor learned to make batik formally, yet she managed to learn the traditional art on her own and even taught students in her home country.

Publishers in a bind over cheap books

Publishers in a bind over cheap books By Fitri Wulandari JAKARTA (JP): People don't read enough books because they are expensive. Publishers don't produce enough books because demand is low. While this may be oversimplifying the problem, Indonesia's book publishing business has been caught in this kind of vicious cycle that has forced dozens of publishers to close shop in recent years.

KPKPN asked to warn councillors

KPKPN asked to warn councillors JAKARTA (JP): The Jakarta Governance Watch (JGW) has asked the Public Servants' Wealth Auditing Commission (KPKPN) to promptly issue a stern warning to all provincial councillors, particularly those in Jakarta, for not submitting reports on their wealth and assets to the commission.

PBSI arranges more outings for second stringers

PBSI arranges more outings for second stringers JAKARTA (JP): Organizers of the US$30,000 Hong Kong Open badminton championships have invited four Indonesian shuttlers to take part in the event and have promised to cover all their expenses during the competition, which will run from Wednesday through Sunday. The Badminton Association of Indonesia (PBSI) has registered young shuttlers Ardiansyah and Sony Dwi Kuncoro in the men's singles and Dewi Tira in the women's singles.

One killed in Ambon bomb blast

One killed in Ambon bomb blast AMBON, Maluku: A bomb exploded near Pattimura University at 11 local time on Monday, killing one person and seriously injuring another four, Antara reported. The incident forced the university to stop activities. Students and employees immediately left the campus. Police went to the scene and traffic was back to normal 30 minutes after the incident. Police suspected the blast came from a car park in the street.

Kim orders tighter World Cup security

Kim orders tighter World Cup security SEOUL (Reuters): South Korean President Kim Dae-jung ordered his cabinet on Monday to tighten security for next year's soccer World Cup and Asian Games following the Sept. 11 air attacks in the United States. South Korea is co-hosting the 2002 FIFA World Cup with Japan -- at 10 venues in each country -- and is also staging the Asian Games in Pusan, the country's second-largest city.

Asian governments bridge airline insurance gap

Asian governments bridge airline insurance gap Reuters Singapore Asian governments stepped forward to bridge an insurance gap for their airlines, joining their counterparts around the globe scrambling to keep their carriers aloft ahead of sharply reduced war risk protection. The potential grounding of planes worldwide caps nearly two weeks of turmoil triggered by the Sept.11 airborne assaults on the United States that has cost billions of dollars in losses and as many as 100,000 layoffs.

Police suspect GAM behind Atrium bombing

Police suspect GAM behind Atrium bombing JAKARTA (JP): Police suspect that the latest bombing at the Atrium Plaza was connected with GAM (Free Aceh Movement) as the car in which the bomb was planted belonged to the wife of one of the Jakarta Stock Exchange bombers, who is alleged to have a close relationship with the movement.

2. Market ( 1 X 35)

2. Market ( 1 X 35) Asian stocks end mixed amid revenge fears 3. Oil (1 X 35) World oil prices fall to two-month low 4. Gold ( 2 X 24 ) Europe gold buoyant, takes directions from military 5. Coffee (2X16) RI coffee relieved as beans flow

SKorean firm sells RI unit

SKorean firm sells RI unit SEOUL (DOW JONES): South Korea's bankrupt Shinsung Tongsang Co. sold its Indonesian unit to PT Shinta Korintama of Indonesia for US$400 million, Hanvit Bank said Monday. Shinsung Tongsang, a small apparel-maker, will use the proceeds to clear its debt, which totals 150 billion won. The company has been under court receivership since September 1999. Hanvit is the lead manager of the sale of the company's assets.

Matori opts for soldiers to quell violence in Aceh

Matori opts for soldiers to quell violence in Aceh JAKARTA (JP): Minister of Defense Matori Abdul Djalil said on Monday he had opted for the deployment of soldiers rather than police officers to rid the strife-torn province of Aceh of the campaign of violence launched by separatist rebels.

Microsoft wins battle against software piracy

Microsoft wins battle against software piracy JAKARTA (JP): U.S. giant software company Microsoft Corp. won on Monday a legal battle against software piracy by a local computer dealer, who was ordered by the court to compensate the plaintiff US$4.4 million. The West Jakarta District Court finally delivered its much- awaited judgment on Monday after postponing the trial three times. Reading the verdict in a 45-minute hearing, presiding judge M.

Farmers stage protest nationwide

Farmers stage protest nationwide JAKARTA (JP): In coincidence with the 41st National Agrarian Day, farmers in Jakarta, Mataram (West Nusa Tenggara), Medan (North Sumatra) and Maumere (East Nusa Tenggara) staged protests on Monday, with various demands being made.

Single digit inflation still possible: BPS

Single digit inflation still possible: BPS JAKARTA (JP): Although year-on-year inflation has been running at double digit rates since March, ending the year with an inflation rate of below 10 percent was still possible on the back of lower inflation expected for September and October, the Central Bureau of Statistics (BPS) said. The BPS said on Monday that the consumer price index for September and October should be lower so as to produce single digit inflation by the year's end.

Single digit inflation rate still possible: BPS

Single digit inflation rate still possible: BPS JAKARTA (JP): Although year-on-year inflation has been running at double digit rates since March, ending the year with an inflation rate of below 10 percent was still possible on the back of lower inflation expected for September and October, the Central Bureau of Statistics (BPS) said. The BPS said on Monday that the consumer price index for September and October should be lower so as to produce single digit inflation by the year's end.

Focus on people's prosperity

Focus on people's prosperity From Rakyat Merdeka Although this country has been independent for more than half a century, it is still endlessly entangled by various difficulties, including among others, the foreign debt amounting to US$ 140 billion. Every year part of the state budget, Rp 60 trillion, is allocated for installments of foreign debt repayment.

Hasina blames rivals for deaths in blast

Hasina blames rivals for deaths in blast DHAKA (AFP): Former Bangladeshi prime minister Sheikh Hasina Wajed on Monday blamed her rivals for a bomb blast at a campaign rally for one of her party's election candidates which killed at least seven people and injured 24 others. Meanwhile, the caretaker government set up a two-member body to investigate Sunday's explosion and report back within five days, officials said.

FBI detains 49 Indian pilots

FBI detains 49 Indian pilots BANGALORE, India (AP): The FBI detained dozens of Indian pilots undergoing training in the United States after the Sept. 11 terrorist attacks, according to one of them who just returned to India. Rahul S. Rawal, a pilot with a helicopter charter company in the southern city of Bangalore, said that at least 49 Indians studying in flying schools in the United States were detained by the Federal Bureau of Investigation.

Safe play expected at JJGF golf tourney

Safe play expected at JJGF golf tourney JAKARTA (JP): Indonesian professional golfers announced on Monday that they shared a common strategy in their bid to win the Rp 370 million (US$38,900) sixth Jagorawi Japan Golf Foundation (JJGF) Open Golf Championships - The Epson Cup, which tees off on Thursday.

Sugarcane farmers blasts import facility

Sugarcane farmers blasts import facility JAKARTA (JP): Dozens of sugarcane growers staged a rally at the House of Representatives building on Monday, asking the government to annul the special low import duty facility enjoyed by certain companies, saying some of them had misused the facility by reselling imported sugar on the domestic market rather than using it as a raw material in manufacturing processes.

War plans must refer to UN

War plans must refer to UN By Meidyatama Suryodiningrat JAKARTA (JP): With the U.S. strike force ready to launch and the American public hungry for revenge, Washington looks set to escalate their war on terrorism into a war on Afghanistan. Supported by global grief from the attack on the World Trade Center and backed by UN Security Council Resolutions 1267 (1999) and 1368 (2001), Washington may contend to have the moral right to launch such a massive attack.