Indonesian Political, Business & Finance News

Archive: 29 September 2001

Showing 1-50 of 92 articles

House to go ahead with oil bill

House to go ahead with oil bill JAKARTA (JP): The House of Representatives will go ahead with its plan next month to enact the oil and gas bill proposed by the government, despite protests from oil-rich regencies, several legislators said.

U.S. companies in Indonesia remain clam despite threats

U.S. companies in Indonesia remain clam despite threats JAKARTA (JP): Major U.S. companies operating in Indonesia are remaining calm despite the growing threats made against Americans in the country. Two oil and gas companies, ExxonMobil Oil Indonesia Inc., and PT Caltex Pacific Indonesia, and mining company PT Freeport Indonesia, said that they would continue to monitor the security situation seriously, but they had not yet considered evacuating their employees.

Guns offered at police expo

Guns offered at police expo JAKARTA (JP): An exhibition of police and security equipment opened here on Thursday amid growing concerns over poor security enforcement and widespread ownership of illegal firearms in the capital. Some 60 exhibitors take part in the three-day Police Expo 2001 at Istora Senayan sports center, Central Jakarta, and among them, at least five companies exhibiting are offering discount firearms for the duration of the event.

Police image tarnished

Police image tarnished From Media Indonesia I really appreciate the police offices who have performed their daily duties and responsibilities to protect society. Unfortunately, some members of the Mobile Brigade residing in Kedaung village, Ciputat district, Tangerang, have caused unrest among Ciputat residents as they have often taken the law into their own hands. On the afternoon on Sept. 25, for example, one of them, without any reason, hit some youngsters playing guitar somewhere on Jl.

Militant activists stage largest anti-U.S. demo

Militant activists stage largest anti-U.S. demo JAKARTA (JP): Militant Muslim activists staged the biggest anti-US rally here to date since the Sept. 11 attacks on the United States as the government promised to get tough on unruly protests on Friday. Smaller scale demonstrations also took place in Yogyakarta, Central Java and West Java -- all condemning the U.S. plan to attack Afghanistan.

Where to go in Yogyakarta:

Where to go in Yogyakarta: Exhibitions * Painting by Bambang Toko Wicaksono, Cemeti Art House, Jl. D.I. Panjaitan 41 (phone: 0274-371015, e- mail:cemetiah@indosat.net.id), until Sept. 30. * Damar Murup Lamps, Bentara Budaya Yogyakarta, Jl. Suroto 2 (phone: 0274-560404), Sept. 29. * Painting by the students of 1994 of Yogyakarta Indonesian Institute of the Art's School of Painting, Taman Budaya Yogyakarta, Bulaksumur (phone: 0274-561914), Sept. 3o to Oct. 5.

RP passes money laundering bill

RP passes money laundering bill MANILA (AFP): The Philippine Senate on Friday passed a bill outlawing money laundering in an effort to help the country escape sanctions from industrialized nations. Senators, working all through the night, passed their version of an anti-money laundering bill shortly after midnight. The vote was passed just hours after the House of Representatives approved their version of the anti-money laundering bill.

Is Kwik dreaming?

Is Kwik dreaming? (National Planning Board chairman) Kwik Kian Gie remains faithful to his idea regarding the rupiah's exchange rate. He had proposed that Indonesia adopt a fixed rate system for the national currency even before he became a Cabinet minister. Such a fixed rate system would be effective provided that the government and the central bank can control a number of indicators, such as the inflation rate, which is tied to the amount of money in circulation.

Police ready to rescue foreigners

Police ready to rescue foreigners JAKARTA (JP): The Jakarta Police have prepared contingency plans to rescue foreigners in the capital should the situation take a turn for the worse amid the increasing anti-American sentiment in the country. Speaking to reporters after receiving 20 diplomats at his office, Jakarta Police chief Insp. Gen. Sofjan Jacoeb promised that the police would take all necessary action to safeguard foreigners in Jakarta, especially foreign diplomats.

1. Kiki --

1. Kiki -- Reform agenda halted? 1 x 26 48pt NCSB Autonomy and the reform agenda By Hermawan Sulistyo JAKARTA (JP): The initial "reform agenda" proposed by concerned scholars and college students in the early stages of the Indonesian transition in 1998 was not only intended to include the eradication of corruption, collusion and nepotism. 2.

Hero or devil?

Hero or devil? From Bisnis Indonesia The Chinese government recently passed the death sentence on state officials proven guilty of corruption. Here in Indonesia, efforts to eradicate corruption are just bluff and empty promises. Corruptors are simply released and have virtually never been properly brought to court. Some recipients of huge, unknown grants are still at large.

Yuli Tri Suwarni

Yuli Tri Suwarni The Jakarta Post Bandung It is feared that an increasing number of illegal immigrants sheltered in the West Java towns of Bogor and Cianjur could cause resentment among local people because of the special treatment the immigrants receive, an immigration official said.

Beware of

Beware of Golkar's strategy From Rakyat Merdeka The Golkar party, in its politicking moves, is known to be loaded with an array of strategies, among others, by sending its members to their home towns to grab the position of governor in their regions, as can be seen from Abdullah Puteh in Aceh to start off, followed by Abdul Gafur as the governor of North Maluku province and Fadel Muhammad for Gorontalo province. It's anybody's guess as to who's next.

Most Asian currencies lower, following weaker yen

Most Asian currencies lower, following weaker yen SINGAPORE (Dow Jones): Most Asian currencies were lower late Friday in line with a decline in the yen, after the Bank of Japan intervened once again in global currency markets to weaken the Japanese currency.

Religious leaders urged to keep peace

Religious leaders urged to keep peace JAKARTA (JP): The country's top religious leaders on Friday called on all religious and community leaders not to create the impression that an interreligious conflict had taken place in the aftermath of the Sept. 11 terrorist attacks on the United States. The Indonesian Conference on Religion and Peace (ICRP) made the call amid growing anti-U.S. sentiment following the country's threat to attack Afghanistan in pursuit of Saudi dissident Osama bin Laden.

Police prepare 'safe refuges' for foreigners

Police prepare 'safe refuges' for foreigners JAKARTA (JP): The Jakarta Police have prepared contingency plans to rescue foreigners in the capital should the situation take a turn for the worse amid the increasing anti-American sentiment in the country. Speaking to reporters after receiving 20 diplomats at his office, Jakarta Police chief Insp. Gen. Sofjan Jacoeb promised that the police would take all necessary action to safeguard foreigners in Jakarta, especially foreign diplomats.

Asian currencies down,

Asian currencies down, tracking yen Dow Jones Singapore Most Asian currencies were lower late Friday in line with a decline in the yen, after the Bank of Japan intervened once again in global currency markets to weaken the Japanese currency.

Agribusiness, a long bumpy road for Yogyakarta

Agribusiness, a long bumpy road for Yogyakarta By Sri Wahyuni YOGYAKARTA (JP): Hoping that agribusiness would some day become the number one source of income for Yogyakarta seems to be too optimistic, regardless of the fact that the tiny province is a location for fertile soil. Limited land, and to some extent, local farmers' attitudes, seem to be the main problems.

New bus routes scheduled

New bus routes scheduled JAKARTA (JP): Thirty-five bus routes using the Blok M bus terminal in South Jakarta will be rerouted starting Monday in an effort to alleviate the traffic on Jl. Trunojoyo. Arfan, the head of Blok M bus terminal, said on Friday that the changes would be made to avoid the heavy traffic congestion on the street outside the terminal, which is mostly caused by the long line of buses waiting for passengers.

Computing away from the desktop

Computing away from the desktop By Zatni Arbi JAKARTA (JP): In the 1970s, when personal computers began appearing (think Radio Shack's TRS-80, Commodore's PET or Apple II), no one would have thought that we would be able to compute anywhere, at any time. How could they have? Those were the days that were considered to be the real McCoy, when computers filled an entire room, from floor to ceiling.

Ethno-religious clashes need to be addressed

Ethno-religious clashes need to be addressed YOGYAKARTA (JP): Association of Southeast Asian Nations (ASEAN) member countries need concerted efforts to deal with ethnic and religious conflicts in the region, experts have said. Ethno-religious conflicts are becoming a transnational problem because people from other countries involve themselves for sectarian sentiment, said Kamarul Zaman Askandar from Malaysian University Sain.

Immigrant treatment 'causes resentment'

Immigrant treatment 'causes resentment' BANDUNG (JP): It is feared that an increasing number of illegal immigrants sheltered in the West Java towns of Bogor and Cianjur could cause resentment among local people because of the special treatment the immigrants receive, an immigration official said.

Tourism show held to counter protests

Tourism show held to counter protests JAKARTA (JP): Amid the wave of anti-America protests in the country, the city administration and the Jakarta Tourism Board are hosting an exhibition on tourism in an effort to show the world that the country is still conducive for tourism. The three-day Jakarta Tourism Show 2001 which opened on Friday is being held at the Jakarta Convention Center in Central Jakarta.

Seven killed in clashes in Aceh

Seven killed in clashes in Aceh BANDA ACEH, Aceh (JP): Seven people were killed as Army troops and police personnel clashed with members of the separatist Free Aceh Movement (GAM) in separate incidents on Thursday. Both the Indonesian Military and GAM acknowledged the clash on Friday. Chief of the security and order operation Adj. Comr. Agus Dwiyanto said on Friday that Army troops raided a GAM base in the village of Keude Dua in Idi district, East Aceh.

Palm oil shipments to Pakistan disrupted

Palm oil shipments to Pakistan disrupted KUALA LUMPUR (AFP): Malaysian palmoil prices were likely to fall further due to fears possible United States military action against Afghanistan would hit exports to Pakistan, a report said Friday. The Business Times quoted Primary Industries Minister Lim Keng Yaik as saying many shippers were reluctant to go to the area unless insurance companies provided war coverage.

U.S. Dollar Rates Sept. 28

U.S. Dollar Rates Sept. 28 Latest Previous %Change Yen 119.33-37 119.66-72 -0.28 Euro* 0.9143-48 0.9180-85 -0.40 Sterling 1.4687-92 1.4734-40 -0.32 Swiss franc 1.6154-60 1.6121-27 +0.20 Canadian dollar* 1.5772-78 1.5786-92 -0.09 Australian dollar* 0.4948-53 0.4874-79 +1.52 New Zealand dollar 0.4067-72 0.4011-18 +1.40 Deutsche mark 2.1375-87 2.1294-05 +0.38 Czech koruna 37.075-21 36.901-22 +0.47 Hungary forint 281.19-94 280.89-56 +0.11 Danish krone 8.1285-35 8.0960-10 +0.40 Norwegian krone...

Police in Medan, North Sumatra, have arrested two people in

Police in Medan, North Sumatra, have arrested two people in Bukit Sentul housing complex for swindling people with claims that were able to multiply their U.S. dollar bills by spiritual means. Police Intelligence chief Cmr. Edi S. Tambunan said here on Friday that Tolvana, 60, from Mali, and Usman, 45, from Jakarta, were arrested last Saturday.

Jihad calls

Jihad calls Muhammadiyah and NU against calls for jihad. Page 2 Bombing Police criticized for Atrium bombing investigation. Page 3 Reform Autonomy and the reform agenda. Page 4 Soccer Villa humbled on bad night for UEFA Cup minnows. Page 7 HFMD Hand-foot-mouth sufferers (HFMD) need more rest and nutrition. Page 8 China China's economy to slow this year and next: WB Page 10 Currencies Most Asian currencies lower, following the weaker yen.

Hanif and Agus Maryono

Hanif and Agus Maryono The Jakarta Post Jakarta Militant Muslim activists staged the biggest anti-US rally here to date since the Sept. 11 attacks on the United States as the government promised to get tough on unruly protests on Friday. Smaller scale demonstrations also took place in Yogyakarta, Central Java and West Java -- all condemning the U.S. plan to attack Afghanistan.

2. Market (1X35)

2. Market (1X35) Asian markets rise, but awaits worse 3. OIL (1 X 35) Oil up as Saudi vows to defend price 4. Gold ( 2 X 24) Europe gold rangebound, PGMs down on demand worries 5. Palm (2 X 16) Palm oil shipments to Pakistan disrupted

University campus hazing

University campus hazing From Neraca To reaffirm the Decree of the Minister of Education No.125/1979, Soenardi Dwijisusastro, the head of the legal and public relations department of the Ministry of National Education issued Decree No.38/DIKTI/Kep/2000 dated March 26, 2000, which prohibits hazing. After deeming the action and behavior of university military members (Menwa) on campuses too militaristic and repressive, the public demanded that Menwa be disbanded.

Maan surges ahead at Epson Cup by three shots

Maan surges ahead at Epson Cup by three shots JAKARTA (JP): Maan Nasim extended his lead by three strokes after two rounds as 46 players survived the cut for the remaining two rounds fight for a total of Rp 370 million (US$38,900) in cash prizes at the sixth JJGF Golf Championship at the Jagorawi Golf & Country Club near Bogor, West Java, on Friday. Maan carded a three-under 69 on the day for a five-under 139. Tied in second place were M.

Persija downs PSM 1-0

Persija downs PSM 1-0 MAKASSAR, South Sulawesi (JP): With only 10 players, Jakarta- based Persija humiliated host PSM before its own crowd with a 1-0 win at the second match of the Indonesian Soccer League's Eastern division quarterfinals at Mattoangin Stadium here on Thursday. Both teams failed to net any goals in the first half despite several golden chances. It looked like the end for Persija when Joko Puspito tackled PSM's Miro Baldo Bento in the 57th minute. Joko got a red card.

Megawati offers 'housewife management system'

Megawati offers 'housewife management system' Kornelius Purba Fabiola Desy Unidjaja Tokyo President Megawati Soekarnoputri had a secret to tell 200 Indonesian community members here on Friday. She said she believes in a "housewife management system" to manage the state economy. The President said she chose the system because experience proves that housewives know the best way to manage their family budget, even though their husband's income was barely enough to make ends meet.

Satelindo, ANZ Panin team up

Satelindo, ANZ Panin team up JAKARTA (JP): ANZ Panin Bank and PT Satelindo, a leading cellular operator in the country, have agreed to establish a strategic partnership with the aim of providing better services for the customers of both companies. Representatives of the two companies signed a Memorandum of Understanding (MoU) on Friday, a press release stated.

Expert suggests commercial debt haircut for Indonesia

Expert suggests commercial debt haircut for Indonesia JAKARTA (JP): Despite constant refusal by foreign creditors, a reduction of Indonesia's huge debts is still possible if structured in commercial terms, according to an economist. A senior economist at the Institute for the Development of Economics and Finance (INDEF), Dradjad Wibowo, said on Friday that Indonesia should consider asking for a "commercial debt haircut".

Muhammadiyah, NU against jihad call

Muhammadiyah, NU against jihad call Riyadi Suparno The Jakarta Post Yogyakarta The two largest Muslim organizations in the country, Nahdlatul Ulama (NU) and Muhammadiyah, have said they do not agree with any plan to send Muslims to Afghanistan should the U.S. attack it. Hasyim Muzhadi, the chairman of the NU, said in Jakarta on Friday that the organization would not arrange the recruitment of its members as volunteers for a jihad in Afghanistan.

State-owned railway company PT KAI Purwokerto office has

State-owned railway company PT KAI Purwokerto office has confiscated 1,060 fake tickets from middlemen operating at Kutoardjo station, about 100 kilometers east of here. KAI spokesman, Supriyadi, said on Thursday that besides uncovering the counterfeit tickets, KAI also arrested three people suspected of being involved in the fraud. He said the fraud was discovered after counterfeit tickets were given by passengers to the ticketing staff.

Rupiah Rates Sept.28

Rupiah Rates Sept.28 JP/11/Conversion Rupiah Rates Sept.28 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

Poultry business gets nice and crispy

Poultry business gets nice and crispy By Israr Ardiansyah YOGYAKARTA (JP): Chicken breeders in Yogyakarta have been hit badly by the economic crisis, with only a few of them able to survive the bad times. Tujo Hadisuparno, a resident of Sidokarto village in Godean district, Sleman, some 15 km west of Yogyakarta, is one of the survivors. Witnessing other chicken breeders, who are also his neighbors, going bankrupt one after the other was not easy for Tujo.

Trafficking victims sent home

Trafficking victims sent home JAKARTA (JP): Sixteen of 17 victims of forced prostitution returned to their respective hometowns late on Thursday after they received some transportation money from a number of members of the House of Representatives, an officer at the Penjaringan Police subprecinct in North Jakarta said. The legislators visited the young women, who were staying at the police station, and asked them about their plans.

Trade in women must stop

Trade in women must stop Trafficking in women and children has not only occurred in Western Europe since the fall of the Soviet Union but also right here under our very own noses. The police raids on a housemaid recruitment agency and a bar located near a red-light district in Jakarta this week show that serious violations of human rights, including the victimizing of under-age girls, have gone on inside the city.

Kontras' double standard

Kontras' double standard From Media Indonesia I used to be proud of the National Commission for Missing Persons and Victims of Violence (Kontras) as a non-governmental organization pioneering advocacy relating to acts of coercion. The commission was entrusted with enlightening the struggle for human rights (HAM) in Indonesia and always spoke out against violations of human rights.

House to go ahead with oil and gas bill

House to go ahead with oil and gas bill JAKARTA (JP): The House of Representatives will go ahead with its plan next month to enact the oil and gas bill proposed by the government, despite protests from oil-rich regencies, several legislators said.

Ismuhadi's

Ismuhadi's lawyer blasts police Sima Gunawan The Jakarta Post Jakarta A lawyer denounced the police investigation of Sunday's blast at the Atrium Plaza Senen, saying several things were amiss. Johnson Panjaitan of the Indonesian Legal Aid and Human Rights Association (PBHI) said it was strange that one of the key witnesses, Ramli, the owner of the Ford Laser sedan in which the explosives were planted, was a friend of the police. "The police know Ramli.

Weapons offered at Police Expo 2001

Weapons offered at Police Expo 2001 JAKARTA (JP): An exhibition of police and security equipment opened here on Thursday amid growing concerns over poor security enforcement and widespread ownership of illegal firearms in the capital. Some 60 exhibitors are participating in the three-day Police Expo 2001 at Istora Senayan sports center, Central Jakarta. Exhibitors include police units, weapons supply companies and security consultants.

BI vows to mount defense against rupiah weakening

BI vows to mount defense against rupiah weakening JAKARTA (JP): Bank Indonesia said on Friday it would attempt to defend the rupiah against rising selling pressure amid fears of growing antiforeigner sentiment here. Bank Indonesia Governor Sjahril Sabirin said the surge in anti-U.S. demonstrations had added to the negative sentiment weighing against the rupiah.

ANZ Panin Bank and PT Satelindo, a leading cellular operator in

ANZ Panin Bank and PT Satelindo, a leading cellular operator in the country, have agreed to establish a strategic partnership with the aim of providing better services for the customers of both companies. Oris, a Swiss-based mechanical watch manufacturer, has launched its latest products, which will be exhibited for three days at Plaza Senayan starting Friday, a release said.

BI to move into defense against rupiah weakening

BI to move into defense against rupiah weakening JAKARTA (JP): Bank Indonesia said on Friday it would attempt to defend the rupiah against rising selling pressure amid fears of growing anti-foreign sentiment here. Bank Indonesia Governor Sjahril Sabirin said a surge in anti U.S. demonstrations had added to the negative sentiments against the rupiah.

Muhammadiyah and NU against plan calls for jihad

Muhammadiyah and NU against plan calls for jihad JAKARTA (JP): The two largest Muslim organizations in the country, Nahdlatul Ulama (NU) and Muhammadiyah, have said they do not agree with any plan to send Muslims to Afghanistan should the U.S. attack it. Hasyim Muzhadi, the chairman of the NU, said in Jakarta on Friday that the organization would not arrange the recruitment of its members as volunteers for a jihad in Afghanistan. "A jihad, or holy war, doesn't always mean a battle.