Indonesian Political, Business & Finance News

Archive: 26 September 2001

Showing 1-50 of 102 articles

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.rm Indonesian-German trade (million DM) 1994 1995 1996 1997 1998 1999 2000 --------------------------------------------------------------------------- Imports from Indonesia 3,010 2,860 3,292 4,080 3,957 3,825 4,897 Exports to Indonesia 3,536 3,928 4,008 5,211 3,339 2,019 2,434 Trade volume 6,546 6,788 7,300 9,291 7,296 5,844 7,331.4 Trade Balance -526 -1,068 -716 -1,131 618 1,806 2,463.4 %Change in export volume 11.09 2.04 30.01 -35.92 -39.53 20.55 %Change in import volume -4.98 15.10 23.94...

2 X 30 48pt Optima Bold

2 X 30 48pt Optima Bold Govt must address investor confidence amid uncertainty, economic slowdown Address investor confidence amid uncertainty, slowdown Indonesia, still mired in an economic crisis, is among the countries now facing the economic impact of the Sept. 11 attacks in the United States. Mari Pangestu of the Jakarta-based Centre for Strategic and International Studies (CSIS) ... 2. Islam -- United over a common enemy 2 x 21 36pt NCSBi Could 'Islamic threat' unite Russia, U.S.?

Power play: Teater Koma acts out reality

Power play: Teater Koma acts out reality By Stevie Emilia JAKARTA (JP): Power is a magic word. With power, one will be loved, praised, get all one's desires, and others follow like obedient, fawning servants. But when power is gone, so is everything else. Forget love or praise; everyone rushes to leave, avoiding the suddenly powerless like they carry a deadly plague. Sad but true.

Court to proceed with student activists' trial

Court to proceed with student activists' trial JAKARTA (JP): The South Jakarta District Court decided on Tuesday to continue the trial of two student activists for allegedly provoking the public to demonstrate against the government during a rally staged over three months ago. Presiding judge Abdul Majid Rahmi rejected objections from defendants Mixilmina Munir, 25, and Aris Wardoyo, 22, as well as their lawyers, during a hearing attended by over 200 supporters of the defendants.

JAKARTA: The Indonesian rupiah closed steady against the U.S.

JAKARTA: The Indonesian rupiah closed steady against the U.S. dollar in very dull trading Tuesday, though dealers warn the local unit will weaken if trouble erupts in this predominantly Muslim nation in the event of a U.S. attack on Afghanistan. Radical groups in Indonesia have threatened to target U.S. interests here if Washington punishes Afghanistan's Taliban rulers for harboring Osama bin Laden, the main suspect behind the Sept. 11 terrorist attacks on the U.S.

Sports officials tightlipped over SEAG doping

Sports officials tightlipped over SEAG doping JAKARTA (JP): Indonesian sports organizations remained tightlipped on Tuesday regarding an Indonesian athlete who tested positive for drugs during the recently concluded Southeast Asian (SEA) Games in Kuala Lumpur. Indonesian weightlifter Gustar Junianto must relinquish his 62-kilogram class gold medal after testing positive for a banned substance during the Games.

Minister vows to curb illegal fishing in RI territory

Minister vows to curb illegal fishing in RI territory DAMAR SUSANTO The Jakarta Post Jakarta Minister of Maritime Affairs and Fisheries Rokhmin Dahuri said on Tuesday that his office had prepared a set of measures to curb illegal fishing by foreign vessels in the country's territory. Rokhmin said the target was to greatly reduce the number of illegal foreign fishing vessels operating in Indonesian waters.

Yapto chairs pro golf body

Yapto chairs pro golf body JAKARTA (JP): Yapto Soerjo Soemarno was elected the new Indonesian Professional Golf Association (PGPI) chairman on Tuesday, replacing Widarsadipraja. Speaking to the media following his election, Yapto said the association under him would certify its members according to their specialties and level of ability through a series of assessment procedures. "We will set up categories of touring, teaching and course management as well as providing them with licenses.

Two tried for fiscal payment form forgery

Two tried for fiscal payment form forgery TANGERANG (JP): Two employees of PT Gapura Angkasa, the sole provider of ground handling services to PT Garuda Indonesia, were tried on Tuesday for allegedly forging overseas fiscal payment forms at Soekarno-Hatta International Airport.

Address investor confidence amid uncertainty, slowdown

Address investor confidence amid uncertainty, slowdown Indonesia, still mired in an economic crisis, is among the countries now facing the economic impact of the Sept. 11 attacks in the United States. Mari Pangestu of the Jakarta-based Centre for Strategic and International Studies (CSIS) was interviewed by The Jakarta Post contributor A'an Suryana to share her views while she was in Canberra attending an academic conference on women's issues.

Eight Cilacap fishermen drown

Eight Cilacap fishermen drown CILACAP, Central Java: Eight fishermen from Cilacap were missing after their motor boat Perintis II was destroyed by large waves off the southern coast on Monday, chairman of the fishermen's association Atas Munandar confirmed on Tuesday. According to Atas, who is chief of the local search-and-rescue team, the ill-fated boat set sail from Cilacap port on Sunday evening. The boat, navigated by Sutanto, was equipped with a large net locally known as a jaring kantung.

Students seek refuge after brawl

Students seek refuge after brawl MEDAN, North Sumatra: At least 200 students of the Catholic University of St. Thomas here started seeking refuge at the provincial legislative council building on Tuesday for fear that residents living around their campus would attack their boarding houses. This followed a two-day fierce brawl between them in which 60 students were rushed to hospital with injuries.

Police identify a suspect in Atrium bombing

Police identify a suspect in Atrium bombing By Natasysya Ehm Ehm The Jakarta Post in Jakarta The wife of one of the Jakarta Stock Exchange bombers was declared a suspect by police on Tuesday in connection with last Sunday's bombing of Atrium Plaza. Aznani, whose husband Tengku Ismuhadi is serving a life sentence at Cipinang Penitentiary in East Jakarta, is currently being detained at Jakarta Police Headquarters.

Angelique off to winning start on WTA Tour in Bali

Angelique off to winning start on WTA Tour in Bali NUSA DUA, Bali (JP): Indonesian tennis prodigy Angelique Widjaja sparkled in her baptism outing in the WTA Tour with a win at the US$170,000 Wismilak International tournament here on Tuesday. The gifted 17-year-old Wimbledon junior champion unleashed everything she had to gun down Liu Nan Nan of China 6-2, 7-6 (9- 7) for a place in Thursday's second round, where she will meet Alicia Molik of Australia. "Thank God I won.

1. Atrium - 48 MM, 3 cols, 3 lines, 3x 15

1. Atrium - 48 MM, 3 cols, 3 lines, 3x 15 JSX bomber's wife declared suspect in Atrium bombing 2. Bribe - 24 HBC, 1 cols, 3 lines, 3x10 Public told to be careful buying drugs 3. Water - 36 NCSB, 3 cols, 2 lines, 2x16 Water shortage keeps many awake 3. Mixil - 32 HBC, 4 cols, 1 lines, 1x25 Court to proceed with student activists' trial 4. Fiscal - 28 MM, 2 col, 2 lines, 2x18 Two tried for fiscal payment form forgery 5.

The Jakarta Post

The Jakarta Post Makassar, South Sulawesi Hundreds of people looted assets ranging from electronic goods to motorized vehicles, owned by the General Cooperative (KUB) of which they were members. The rampage occurred at one of the cooperative's branches on Jl. Landak Baru in Makassar in the early hours of Tuesday with stolen goods consisting of air conditioners, refrigerators, gas stoves, TV sets and tape recorders. The looters made off with the goods using 13 taxis and minivans.

SIER now harmful pollutants for surroundings

SIER now harmful pollutants for surroundings By Gin Kurniawan SURABAYA (JP): The time has come to review the presence of the Surabaya Industrial Estate Rungkut (SIER), to even change the location of East Java's largest industrial zone, said a leading business consultant. "If no further worsening of the city's environment is wanted, the estate must find another place within no more than 10 years," said Kresnayana Yahya, who is also an environment observer, in Surabaya on Saturday.

THE OLD

THE OLD CEMETRY: This old cemetery located at Kebon Jahe, Tanah Abang, Central Jakarta, was built during the Dutch colonial era. The 4,000 square meter cemetery has many valuable things, including marble statues. The Jakarta provincial administration has found it difficult to maintain the hostorical site due to financial and security problems. Many of the marble statues, mostly of cupids have been stolen with the security officers could arrest the thieves.

Indonesia signs UN

Indonesia signs UN convention on terrorism By Fabiola Desy Unidjaja The jakarta Post in New York Foreign minister Hassan Wirayuda signed a United Nations convention on combating terrorism at the UN headquarters here on Monday (Tuesday Jakarta time). With the signing of the 1999 International Convention for the Suppression of the Financing of Terrorism, Indonesia became the 45th country to accept it. Hassan promised to share more intelligence information with other Southeast Asian nations.

Govt mulls new agent ruling

Govt mulls new agent ruling JAKARTA (JP): The government said on Tuesday it planned to revise two regulations that stipulate that sole authorized distributors of foreign products must receive recognition from the government to commence their activities. Director of transportation means at the Ministry of Trade and Industry Muhammad Setiono said the revision was aimed at deregulating foreign product distribution and creating fair competition in the business.

Freeport to establish trust for indigenous communities

Freeport to establish trust for indigenous communities JAKARTA (JP): Freeport-McMorRan Copper & Gold Inc. (FCX) has agreed to establish a trust to benefit the Amungme and Kamoro communities, the original tribal inhabitants of the Grasberg mine project area in Irian Jaya, the company said on Tuesday.

SINGAPORE (Dow Jones): Indonesian independent power producer

SINGAPORE (Dow Jones): Indonesian independent power producer PT Jawa Power is seeking around 5 U.S. cents a kilowatt-hour, or kWh, in long-term contract negotiations for electricity generated by a 1,220-megawatt plant in East Java, up from 3 cents/kWh agreed in an interim contract. Ralf Lucht, president and director of Jawa Power, told Dow Jones Newswires that a rate of 5 cents/kWh is required so investors can start repaying loans for the US$1.7 billion Paiton- II project.

Rupiah Rates Sept.25

Rupiah Rates Sept.25 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

Sujudi warns public over fake medicines

Sujudi warns public over fake medicines JAKARTA (JP): Minister of Health Achmad Sujudi asked the public on Tuesday to take care when buying medicine as his ministry had found that 29 varieties are fake and could endanger their lives. Speaking after a working meeting with the House of Representatives Commission VII, Sujudi said that a survey conducted by the Food and Drugs Supervisory Board under the Ministry of Health had concluded that 29 different medicines had been faked and sold in Jakarta.

S'pore shares end little changed, SingTel active

S'pore shares end little changed, SingTel active Joyce Liu Reuters SINGAPORE Singapore shares failed to hold in positive territory on Tuesday as worried investors rushed to dump shares after short- lived gains, with volume skewed by a massive block trade in Singapore Telecommunications. "The market could be volatile from now on but the uncertainty about the future will keep a cap on any gains," said a trader at a European brokerage.

ASEAN auto sales up seven percent, but outlook dim

ASEAN auto sales up seven percent, but outlook dim AFP Singapore Motor vehicle sales in the four biggest Southeast Asian markets climbed 7 percent from a year ago to 577,671 units in the first seven months of 2001, an industry report said. However regional sales are forecast to fall on waning consumer confidence particularly in the Philippines and Indonesia, Automotive Resources Asia Ltd. (ARA) said in a report Tuesday.

BPKP reports funds leakage of Rp 10.3 trillion

BPKP reports funds leakage of Rp 10.3 trillion JAKARTA (JP): The State Development Finance Comptroller (BPKP) reported on Tuesday that some Rp 10.3 trillion (about US$1.08 billion) in state funds had been abused during the 2000 budget year and in the first half of this year. Abuses in the State Logistics Agency (Bulog) made up almost half of that amount, whereas abuses in the Finance Ministry worsened by over 22 times in the first six months of this year, according to a BPKP report.

Indonesia drafting first cyber law

Indonesia drafting first cyber law JAKARTA (JP): The government is drafting a cyber law, the first of its kind in Indonesia, State Minister of Communications and Information Syamsul Mu'arif said on Tuesday. In a hearing with the House of Representatives Commission I on information, Syamsul said he had sought ideas from cyber experts and hoped the draft law could be deliberated soon.

MUI condemns attacks on U.S. and

MUI condemns attacks on U.S. and its planned strike on Afghanistan By Tiarma Siboro The Jakarta Post in Jakarta Indonesia's top Islamic authority condemned on Tuesday the terrorist attacks on the United States while, at the same time, strongly denouncing what it termed the arrogance of America for its planned aggression on Afghanistan. The Indonesian Ulemas Council (MUI) called on Muslims all over the world to wage a jihad "should the U.S.

Freeport signs agreement with Indonesian tribes

Freeport signs agreement with Indonesian tribes NEW ORLEANS (AP): Freeport-McMoRan Copper & Gold Inc. said Monday it has signed an agreement setting up a trust fund for original tribal inhabitants of the area around the Grasberg mine in Indonesia. The agreement was signed by the New Orleans-based firm, its mining affiliate, PT Freeport Indonesia, and community leaders from indigenous groups of Irian Jaya, Indonesia, according to a Freeport-McMoran news release.

Surgery cuts down AVM risks

Surgery cuts down AVM risks By Maria Endah Hulupi JAKARTA (JP): Eighteen-year-old Maulana fell and suffered a head injury. The doctors allowed him to go home after he received treatment for it. Maulana's life returned to normal, but two years later, he suffered severe headaches, seizures, vomiting and became half- paralyzed. He was later diagnosed with multiple Arterio-Venous Malformation (AVM) and was referred to a hospital in Tangerang for endovascular surgery.

Recalling pledges of PDI-P

Recalling pledges of PDI-P Pledges to the people 1 X 24 48pt Bodoni This is the first of two articles on the promises made by the Indonesian Democratic Party of Struggle (PDI Perjuangan) by Paige Johnson, a Ph.D. student at the University of Virginia in the United States and Julia Suryakusuma, executive director of the API (Almanac of Indonesian Politics) Foundation in Jakarta. 2.

World Cup organizers remain confident over ticket sales

World Cup organizers remain confident over ticket sales SEOUL (AFP): South Korean World Cup organizers sought Tuesday to play down fears that the international terrorism crisis would hit attendance at next year's finals. Although a security review has been ordered, Korean World Cup Organizing Committee (CAKE) co-chairman Chung Mong-Joon would not be drawn on whether the US terror attacks had slowed ticket sales. But he indicated organizers were not worried.

Indonesia signs UN convention on terrorism

Indonesia signs UN convention on terrorism By Fabiola Desy Unidjaja NEW YORK (JP): Foreign minister Hassan Wirayuda signed a United Nations convention on combating terrorism at the UN headquarters here on Monday (Tuesday Jakarta time). With the signing of the 1999 International Convention for the Suppression of the Financing of Terrorism, Indonesia became the 45th country to accept it. Hassan promised to share more intelligence information with other Southeast Asian nations.

Minister vows to curb illegal fishing in RI

Minister vows to curb illegal fishing in RI JAKARTA (JP): Minister of Maritime Affairs and Fisheries Rokhmin Dahuri said on Tuesday that his office had prepared a set of measures to curb illegal fishing by foreign vessels in the country's territory. Rokhmin said the target was to greatly reduce the number of illegal foreign fishing vessels operating in Indonesian waters.

2. KL (3 X 14)

2. KL (3 X 14) KL announces US$1b economic stimulus package 3. Air ( 2 X 20) Asian airlines seek insurance backing 4. Ansett ( 2 X 24) Talks to get Ansett jets back into air break down 5. Spore ( 2 X 24) Singapore sees worsening outlook after U.S. attacks 6. G7 ( 2 X 21) G7 finance ministers to hold telephone talks 7. Auto (2 X 16) ASEAN auto sales up, but ouloook dim 8. Mad ( 2 X 16) Japan plans to ban MBM imports 9. Survey (2X16) '92% of Japanese pessimistic on economy'

Asian currencies mostly down, economic concerns cited

Asian currencies mostly down, economic concerns cited SINGAPORE (Dow Jones) : Asian currencies retreated Tuesday as investor concerns over weakening economic fundamentals in the region triggered a new round of dollar buying. Efforts by Japan's Ministry of Finance to weaken the yen also helped provide a base for the dollar against Asian currencies. However, analysts cautioned that the dollar remains vulnerable in the face of the deteriorating U.S.

PALEMBANG, South Sumatera: Indonesian Midwife Association

PALEMBANG, South Sumatera: Indonesian Midwife Association chairperson, Mrs. Wastibar Moesbir, asks for security protection for midwives in handling their duties due to mounting threatens upon them recently. While Irianjaya branch had warned to pull out all midwives from remote villages. "I ask for security protection for midwives especially for those who are placed in remote villages.

Telkom mulling rights issue

Telkom mulling rights issue TANTRI YULIANDINI The Jakarta Post Jakarta State-owned telecommunications company PT Telkom is considering launching a rights issue to finance its telecommunications services' expansion program, president Muhammad Nazif said on Tuesday. He said that the fresh funds were needed to finance the company's expansion into Internet, multimedia, pay-TV, and international calls services. "Telkom hopes ...

ASEAN's stand on terrorism

ASEAN's stand on terrorism The recent explosion in a car park at a mall in Central Jakarta underlines the worrisome fact that acts of terrorism have indeed become a part of the Indonesian scene. As a matter of fact, although it may appear that in these last few years acts of terrorism have escalated, such acts have occurred since the 1950s, albeit on a limited scale.

Heavy penalty for drug dealers

Heavy penalty for drug dealers From Neraca The Klender housing compound in East Jakarta is widely known as a den of drug users and dealers. The police have frequently arrested them at this location. Unfortunately, it is an open secret that these suspects are usually not tried in a court of law but have, instead, been let free. As a housewife and mother, I am really disappointed over this matter and worried that my children will use drugs.

Boyce to cultivate RI's

Boyce to cultivate RI's anti-terrorism support By Endy M. Bayuni The Jakarta Post in Jakarta The United States ambassador-designate to Indonesia urged on Monday that Jakarta maintain its commitment to fight against international terrorism. In his testimony before the Senate Foreign Relations committee in Washington, Ralph "Skip" Boyce underlined President Megawati Soekarnoputri's pledge during her meeting with President George W. Bush last week to counter international terrorism.

MUI slams attacks on U.S., planned Afghanistan strike

MUI slams attacks on U.S., planned Afghanistan strike JP/IGGP Bayu Ismoyo JAKARTA (JP): Indonesia's top Islamic authority condemned on Tuesday the terrorist attacks on the United States while, at the same time, strongly denouncing what it termed the arrogance of America for its planned aggression on Afghanistan. The Indonesian Ulemas Council (MUI) called on Muslims all over the world to wage a jihad "should the U.S.

BI governor surrenders passport

BI governor surrenders passport JAKARTA (JP): Bank Indonesia governor Sjahril Sabirin handed over on Tuesday his passport to the Directorate General of Immigration in response to the government regulation that bans crime suspects from traveling overseas. The then minister of justice and human rights, Marsilam Simanjuntak, signed in July a decree banning crime suspects from traveling overseas.

Mandala asks govt to cover insurance

Mandala asks govt to cover insurance JAKARTA (JP): Privately owned domestic airline PT Mandala Airline has asked the Indonesian Air Carriers Association (Inaca) to petition for a government subsidy on war-coverage insurance, an Inaca executive said. Inaca's economic commission executive Yoyok Priyowiwoho said on Tuesday that the association was currently engaged in discussions whether or not to make it an association policy. Mandala was unavailable for comment.

Cooperative looted by hundreds of own members

Cooperative looted by hundreds of own members MAKASSAR, South Sulawesi (JP): Hundreds of people looted assets ranging from electronic goods to motorized vehicles, owned by the General Cooperative (KUB) of which they were members. The rampage occurred at one of the cooperative's branches on Jl. Landak Baru in Makassar in the early hours of Tuesday with stolen goods consisting of air conditioners, refrigerators, gas stoves, TV sets and tape recorders.

MUI condemns attacks on U.S. and its planned strike on

MUI condemns attacks on U.S. and its planned strike on Afghanistan JP/IGGP Bayu Ismoyo JAKARTA (JP): Indonesia's top Islamic authority condemned on Tuesday the terrorist attacks on the United States while, at the same time, strongly denouncing what it termed the arrogance of America for its planned aggression on Afghanistan. The Indonesian Ulemas Council (MUI) called on Muslims all over the world to wage a jihad "should the U.S.

Courts top the list of public complaints

Courts top the list of public complaints JAKARTA (JP): People still place courts on top of the list of state institutions which perform poorly as 58 percent of those who lodge complaints with the National Ombudsmen Commission perceive that the courts have not been able to make a just decision.

FOR OCTOBER 3

FOR OCTOBER 3 Relations between Germany and Indonesia sound and profound Opening this special coverage are excerpts taken from an interview with German Ambassador to Indonesia Dr. Gerhard Fulda on the relations between Germany and Indonesia. First of all we would like to congratulate you on Day of German Reunification and subsequently we would appreciate having an exchange of ideas on German-Indonesian relations.

2. Riza --

2. Riza -- 1 x 42 36pt optima bold Evolving definitions of 'internat'l terrorism' 'Internat'l terrorism': Evolving definitions By Riza Sihbudi JAKARTA (JP): The United States is getting ready to launch its retaliatory attack toward Afghanistan, which is accused of protecting Osama bin Laden. 3. ANN -- 1 X 35 36pt NCSB What Japan could do for world peace By Keizo Nabeshima SEOUL: The terrorist attacks in the United States, a new type of warfare in a new century, horrified the world.