Indonesian Political, Business & Finance News

Archive: 7 September 2001

Showing 51-62 of 62 articles

Pupuk Sriwijaya seeks investor

Pupuk Sriwijaya seeks investor JAKARTA (JP): State-owned fertilizer producer PT Pupuk Sriwijaya announced on Thursday that it would go ahead with plans to build the so-called Kujang 1B project worth US$350 million. Company Chairman Zaenal Soedjais said negotiations with potential local and foreign investors were still underway, though.

President's accountability

President's accountability From Media Indonesia It is better for the Indonesian Democratic Party of Struggle not to hamper the constitutional obligation of the President before the upcoming annual session of the People's Consultative Assembly on Nov. 1, 2001 as President Megawati has shown, although a little, her ability to perform well, work hard and effectively during her two months in office. Take, for example, the strengthening of the rupiah against the U.S.

MAHB to gain from MAS

MAHB to gain from MAS KUALA LUMPUR (Reuters): Malaysia Airports Holdings Bhd (MAHB) said on Thursday it would gain from an expected turnaround at national carrier Malaysian Airline System (MAS) and a tie-up with Dutch airport operator Schiphol International BV. "An expected turnaround of MAS will contribute positively towards MAHB's financial performance," executive director Adnan Shamsuddin said at a company briefing.

Brazil ranks 3rd in FDI Confidence Index

Brazil ranks 3rd in FDI Confidence Index Despite diminished global economic optimism and concern over the U.S. economy, global executives will likely continue to increase their investments abroad, according to the latest FDI CONFIDENCE INDEX(r) report released on by global management consulting firm A.T. Kearney. After US and China, Brazil moves up one spot to the 3rd position, displacing the United Kingdom and increasing its market attractiveness score.

Where to go in Jakarta:

Where to go in Jakarta: Art Summit III * Theater by Rachman Sabur, Teater Payung Hitam (Indonesian), Graha Bhakti Budaya, Taman Ismail Marzuki, Jl. Cikini Raya 73, Central Jakarta, 8 p.m., Sept. 7 - 8. * Music: Tarantula Hypertext O'rchestra (Italian), Gedung Kesenian Jakarta, Jl. Gedung Kesenian No. 1, Central Jakarta (Phone: 3808283), 8 p.m., Sept. 9 - 10. * Theater Black Tent Theater (Japanese), Graha Bhakti Budaya, Taman Ismail Marzuki, 8 p.m., Sept. 12 - 13.

Stock quotations on JSX

Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on Sep.6 2001: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,500 25 57,500 Adindo Foresta 105 5 110,000 AGIS 125 -5 555,000 Akbar Indo Makmur 700 0 20,000 Alakasa 210 30 4,000 Alfa Retailindo 925 0 347,000 Alter Abadi 80 0 0 Alumindo Light 650 0 0 Andhi Chandra 2,025 0 0 Aneka Kimia Raya 210 0 0 Aneka Tambang 1,025 0 3,590,500 )Apac Citra 335 0 60,000 Aqua...

Separatist pact holds: RP military

Separatist pact holds: RP military MANILA (AFP): A month-old ceasefire accord is largely intact in the southern region of Mindanao despite scattered skirmishes between government troops and Moro separatist rebels, the Philippine military said on Thursday. President Gloria Arroyo has sent a senior peace negotiator to the south to keep alive peace negotiations after clashes there last weekend left at least 15 Moro Islamic Liberation Front (MILF) members dead. Military chief of staff Gen.

Cybercrime verdict postponed again

Cybercrime verdict postponed again JAKARTA (JP): The Central Jakarta District Court failed to hand down a verdict for the second time on Thursday in the cybercrime case involving Tjandra Sugiono, a former manager of local cosmetics giant PT Martina Berto. Judge Chasiany R. Tandjung said on Thursday that the trial had been adjourned until next week so as to give an opportunity for other witnesses to be called.

Don't pollute Jakarta's rivers

Don't pollute Jakarta's rivers From Sinar Pagi As a Jakartan and nature lover, I am very concerned about the abundance of garbage in Jakarta's rivers. No one should carelessly throw garbage into the rivers of our beloved capital city because it increases the level of pollution, as can be seen, for example, in Kali Malang (Malang river). Today, plastic garbage and other non-organic waste in particular, clogs the water gates and disturbs the flow of the rivers.

Some 50 top designers to stage latest collections at Fashion Week

Some 50 top designers to stage latest collections at Fashion Week JAKARTA (JP): Some 50 top fashion designers will present their latest collections during Indonesian Fashion Week, which will be held in conjunction with a textile and apparel exhibition. The event, which is organized by PT Rantai Expo International in cooperation with London-based International Trade and Exhibition Group plc (ITE), is billed as Indonesia's largest fashion event of the year.

On threshold of independence

On threshold of independence The announcement of the results of the recent peaceful and free general election in East Timor has placed the people there at the threshold of an independent state with the Revolutionary Front for an Independent East Timor (Fretilin) leading.

Teachers key to education quality: Swiss minister

Teachers key to education quality: Swiss minister TANGERANG (JP): Education Minister of Switzerland Hans Ulrich Stoekling visited the Swiss German University (SGU) campus in Bumi Serpong Damai housing complex here on Thursday. In his remarks to a gathering of dignitaries, university officials and students' parents, Stoekling underlined the important role of teachers in an educational institution. "Teachers hold a key role in the education process.