Indonesian Political, Business & Finance News

Archive: 18 January 2002

73 articles found

Conoco to spend $2.5b in Indonesia

Conoco to spend $2.5b in IndonesiaReuters, Jakarta Conoco Indonesia said on Thursday it expected to spend over US$2.5 billion in Indonesia's oil and gas sector in the next nine years, as part of planned investment of $3.4 billion between 1998 and 2010.

1. Buruh: 16 x 2 lines

1. Buruh: 16 x 2 linesPusri workers go on strike in Cirebon 2. Maluku: 18 x 2 linesHigh-powered delegation to assess Maluku conflict3. Batam: 16 x 2 linesBatam mayor defies ICW over graft 4. Bangka: 16 x 2 linesBangka-Belitung names governor candidates

Three named in Pertamina case

Three named in Pertamina case JAKARTA: The National Police have named three suspects in a Rp 100 billion (US$9.6 million) fraud case involving state oil company, Pertamina."They have not yet been detained but a travel ban has been imposed on them," said deputy spokesman of the National Police Brig.

Three provinces vying 2008 National Games

Three provinces vying 2008 National GamesMusthofid, The Jakarta Post, Jakarta Central Java, East Kalimantan and South Sulawesi provinces were in the running for the right to host the 2008 National Games (PON), the National Sports Council (KONI) announced here on Thursday.

The stakes behind Theys' murder case

The stakes behind Theys' murder case The police have now unveiled a part of their version on the mystery surrounding the murder of Papuan pro-independence leader Theys Hiyo Eluay. Seriously enough they have connected the case to the special forces (Kopassus).

Unfair road toll hike

Unfair road toll hike Severe traffic jams on Monday should make the operator of the toll road aware that it is unfair to raise the toll tariff. Officials should take steps to avoid traffic jams in the first place, give information regarding the current state of the toll road and provide solutions,...

Locals want AIDS sufferers named

Locals want AIDS sufferers named PALEMBANG, South Sumatra: The number of people in South Sumatra infected with HIVAIDS has reached alarming levels, prompting local residents to demand that the sufferers be isolated and their identities be disclosed.

* Headlines: Local politicians unclear about ethics 3

* Headlines: Local politicians unclear about ethics 3* Opinion: Surviving on minimum wage, a big challenge 4* City: NGOs urge legal action over housing project 6* Archipelago: Batam mayor denies ICW graft charge 7 * National: Demands to hold snap Golkar congress mount 8* World: U.S.

Jakarta branches against PPP Reform

Jakarta branches against PPP Reform JAKARTA: All branches and the provincial chapter of the United Development Party (PPP) have pledged their allegiance to Chairman Hamzah Haz and oppose a move by their members to join a splinter group called PPP Reform.

Where to go in Jakarta: Friday, January 18, 2002

Where to go in Jakarta: Friday, January 18, 2002Exhibitions* Painting by children from 161 countries, the National Gallery of Indonesia, Jl. Medan Merdeka Timur 14, Gambir, Central Jakarta (Tel. 34833954) until Jan. 26.

Fuel prices finally raised

Fuel prices finally raised Administrative capacity to manage fuel distribution based on a two-tier pricing system and smoothness in the channeling of the compensation funds allocated to help mitigate the impact of higher fuel prices on the poor will determine the success and orderliness of the...

300 Indonesian workers riot at Malaysian migrant hostel

300 Indonesian workers riot at Malaysian migrant hostelAssociated Press, Nilai, Malaysia More than 300 Indonesian factory workers rioted on Thursday at a Malaysian hostel for immigrant workers, overturning police vehicles and hurling bottles and stones at officials, police said.

Complaints abound over increased fuel prices

Complaints abound over increased fuel pricesRendi A. Witular, The Jakarta Post, Jakarta The sharp increases in fuel prices on Thursday boosted the prices of several staples, causing an outcry among the people here.

IBRA expects Rp 4 trillion in Salim asset sales

IBRA expects Rp 4 trillion in Salim asset salesBerni K. Moestafa The Jakarta Post Jakarta Sales of assets formerly owned by the Salim Group may generate between Rp 3 trillion (about US$288 million) and Rp 4 trillion for the Indonesian Bank Restructuring Agency (IBRA), as the agency hopes to sell...

Flooding gives Jakarta squatters temporary reprieve

Flooding gives Jakarta squatters temporary reprieveRendi A. Witular, The Jakarta Post, Jakarta Flooding can be a frightening thing that people will do anything to avoid, right? Not really, if it concerns squatters who occupy state property along the Banjir Kanal Barat flood control canal, North...

Students rally against fuel price

Students rally against fuel priceThe Jakarta Post, Jakarta Students in several major cities across the country took to the streets on Thursday to protest against the hike in fuel prices that was announced overnight.

2. Conoco ( 2 X 27)

2. Conoco ( 2 X 27) Conoco to spend $2.5b in Indonesia to 2010 3. Poll ( 1 X 40) Recovery to lift Asian FX, but not far: Poll 4. Jorr ( 2 X 18) JORR tender to start next Monday

Muggers on

Muggers on pedestrian bridgeFrom Investor Indonesia I advise pedestrians to be more careful when they use the pedestrian bridges in front of Sarinah department store, Jakarta hospital and Sahid hotel, because based on my own experience and those of my colleagues, these locations are full of...

Bus pick up passengers at tollroads

Bus pick up passengers at tollroads JAKARTA: Public buses are only allowed to pick up passengers at official bus stops. But many violate the rules, as can be seen from several toll roads here, including the Jakarta-Merak and Jakarta-Bekasi toll roads.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 17, 2002: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 1,150 25 540,500 Adindo Foresta 70 0 0 AGIS 120 -5 27,500 Akbar Indo Makmur 245 0 0 Alakasa 205 0 0...

Fuel price hike policy causes confusion

Fuel price hike policy causes confusionMoch. N. Kurniawan, The Jakarta Post, Jakarta The government's new fuel price hike policy has created confusion among economists and legislators as fear of soaring prices of basic goods starts to haunt the public.

Fortune floats shares on JSX

Fortune floats shares on JSX JAKARTA: Marking this year's first listing on the Jakarta Stock Exchange (JSX), marketing communications firm PT Fortune Indonesia floated 205 million new shares on Thursday.Fortune manage to raise Rp 26.65 billion (about US$2.

Thief escapes police custody

Thief escapes police custody KUPANG, East Nusa Tenggara: The province's military police have been investigating the alleged role of four policemen in the escape of a detainee suspected of stealing motorcycles.East Nusa Tenggara deputy police chief Sr. Comr.

Leaders blamed for moral decadence

Leaders blamed for moral decadenceA'an Suryana and Asip Agus Hasani, The Jakarta Post, Jakarta/Yogyakarta Muslim figures hailed on Thursday a united call from religious leaders to address the moral decadence facing the nation and were quick to attribute the crisis to the country's leaders.

E. Timor to elect president on April 14

E. Timor to elect president on April 14 EAST TIMOR: In a final step toward nationhood, East Timor will hold its first presidential elections on April 14, the territory's UN administrator in Dili announced on Thursday.

Tons of cement hijacked on toll road

Tons of cement hijacked on toll road JAKARTA: A semitrailer carrying 32 tons of cement was hijacked by eight men at kilometer 33 of the Cikampek toll road from Jakarta heading to Central Java. Driver Agus Rusmin, 42, had parked up the truck after he began to fell sleepy, Antara quoted police Second...

Telkom uses Cisco internet system

Telkom uses Cisco internet system JAKARTA: State-owned telecommunications firm PT Telkom has agreed to use the Internet system created by American firm Cisco System to improve its Internet service.Telkom said in a statement that Cisco 7600s will enable the state company to dramatically increase...

Pressure up for Golkar to hold early congress

Pressure up for Golkar to hold early congressA'an Suryana and Kurniawan Hari, The Jakarta Post, Jakarta An internal rift has cast a shadow over the planned Golkar Party executive board meeting early next month, which may be marked by talks on holding an extraordinary congress to demand that Akbar...

Council plans a seminar on AFTA

Council plans a seminar on AFTA JAKARTA: The U.S.-ASEAN Business Council announced on Thursday it would hold a one-day symposium on the ASEAN Free Trade Area (AFTA) in Jakarta by the end of this month.The council, which is based in Washington, said President Megawati Soekarnoputri would open the...

Batam mayor defies ICW over graft

Batam mayor defies ICW over graftFadli, The Jakarta Post, Batam Batam Mayor Nyat Kadir and his deputy, Asman Abnur, have planned to sue the city branch of the non-governmental organization, Indonesian Corruption Watch (ICW), should the ICW fail to provide evidence that the mayor, his deputy and...

105,000 firecrackers dumped

105,000 firecrackers dumped PAREPARE, South Sulawesi: The Parepare District Police in South Sulawesi dumped into the sea at least 10 boxes containing 105,000 firecrackers they had confiscated from passenger boats last December.Comr. Dadang D.J.

Collaborative show celebrates simplicity

Collaborative show celebrates simplicityMurdani Usman, Contributor, Denpasar Hilarious and refreshing for the mind. Those words perfectly describe the atmosphere during the collaboration show presented by local and international artists celebrating the Denpasar-based Indonesia Arts Institute's 35th...

Alwi asks Matori to resolve dispute through 'heart to heart' discussion

Alwi asks Matori to resolve dispute through 'heart to heart' discussionAsip A. Hasani, The Jakarta Post, Yogyakarta The National Awakening Party (PKB) Alwi Shihab faction held out an olive branch to rival leader Matori Abdul Djalil on Thursday, inviting him to settle party dispute through 'a heart...

Shipping saga

Shipping saga On July 10, 2001, 2001 I shipped four large crates from Canada by Jori International Limited to Indonesia. Five weeks later on Aug. 13, 2001, I had a call from a man named Heru Sumantri from PT Freight Lini Express Indonesia (PT FLEI), who stated that my personal freight would be...

RI deports shoe bomber suspect: Indonesian authorities have

RI deports shoe bomber suspect: Indonesian authorities have deported a Pakistani citizen to Egypt in connection with suspected terrorist activities including an alleged attempt last month to bomb a U.S. airliner, a news report said Thursday.

TV Program: Friday, January 18, 2002

TV Program: Friday, January 18, 2002TVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Environment 8:45 City News 10:00 Children's Song 10:30 30 Minutes with Anita Rahman 11:00 Regional News 11:30 Music 12:00 p.m.

NGOs call for class housing complec project

NGOs call for class housing complec projectBambang Nurbianto, The Jakarta Post, Jakarta Several non-governmental organizations (NGOs) have called on members of the public to file a class action suit against the developer of Pantai Indah Kapuk (PIK) housing complex in Kapuk Muara, North Jakarta.

Learning from the Japanese

Learning from the JapaneseFrom Surabaya PostIn spite of vast natural resources and a huge amount of human resources, close to 60 percent of Indonesia's population lives in poverty.Various attempts by the government to help the poor, including the Social Safety Network (JPS) and the allocation of...

Corruption in aid procurement

Corruption in aid procurement I write in response to Donna Woodward's article in The Jakarta Post of Jan. 16, 2002 titled Bring the war home: Combating corruption. I agree wholeheartedly with what she says, especially that the most serious corruption is at the highest levels of the bureaucracy.

RI, Thailand step up anti-terrorism drive

RI, Thailand step up anti-terrorism driveThe Jakarta Post, Jakarta Indonesia and Thailand stepped up their campaign against terrorism on Thursday, agreeing to share intelligence information in order to rid the region of criminal activity and terrorism.

IBRA told to close more banks

IBRA told to close more banksDadan Wijaksana, The Jakarta Post, Jakarta Remarks by Bank Indonesia (BI) officials that two of the five banks under the supervision of the Indonesian Bank Restructuring Agency (IBRA) were not qualified for a planned merger should serve as a signal for the agency to...

RI 'not serious in dealing with rights abuses'

RI 'not serious in dealing with rights abuses'Agence France-Presse, New York The Indonesian government failed to address human rights violations last year and the situation in the separatist province of Aceh worsened sharply, Human Rights Watch said.

Poll sees stronger Rp

Poll sees stronger RpReuters, Jakarta Indonesia's rupiah currency is forecast to hover around the 10,435 level against the U.S. dollar by the middle of 2002 and strengthen to 9,995 by the year-end, a Reuters poll of nine economists showed.

Subiakto admits to land price mark-up

Subiakto admits to land price mark-upDamar Harsanto, The Jakarta Post, Jakarta JAKARTA: Former Ministry of Cooperatives' (KPDK) employees cooperative head Subiakto Tjakrawerdaya has admitted he used State Logistics Agency (Bulog) money to buy land in South Jakarta from a son of former dictator...

IBRA expects Rp 4t in Salim asset sales

IBRA expects Rp 4t in Salim asset salesBerni K. Moestafa, The Jakarta Post, Jakarta Sales of assets formerly owned by the Salim Group may generate between Rp 3 trillion (about US$288 million) and Rp 4 trillion for the Indonesian Bank Restructuring Agency (IBRA), as the agency hopes to sell off the...

Pusri workers go on strike in Cirebon

Pusri workers go on strike in CirebonThe Jakarta Post, Jakarta Some 150 casual workers of state-owned fertilizer company PT Pupuk Sriwijaya (PT Pusri) went on strike on Thursday, demanding a 100 percent wage increase.

Bagir worried about court facilities

Bagir worried about court facilities BANDUNG: Chief Justice Bagir Manan voiced concerns on Thursday that poor facilities in courthouses all over Indonesia.During a recent trip across the archipelago, Bagir recalled seeing administrative staff in most courts working with typewriters instead of...

Local politicians unclear about ethics, values

Local politicians unclear about ethics, valuesJ. Soedjati Djiwandono, Political Analyst, Jakarta Indonesian politics is always full of confusion and misunderstanding, even, or perhaps especially, among politicians. What a contrast.

Teacher set up federation

Teacher set up federationThe Jakarta Post, Jakarta Disappointed by the poor performance of the Association of Indonesian Teachers (PGRI), which many consider to have acted as little more than a collector of levies during the new order regime, a group of teachers announced on Thursday the...

Businessmen lobby legislators in Puncak

Businessmen lobby legislators in PuncakAhmad Junaidi, The Jakarta Post, Puncak/West Java A group of local businessmen took advantage of a two-day conference -- meant to discuss the City Budget -- which included 85 city councillors and 500 city officials here to lobby the authorities for "help" with...

ID card applicants disappointed

ID card applicants disappointed TANGERANG: ID card applicants in Tangerang have been returning home empty-handed due to a total absence of application forms in the city over the last two weeks.Some applicants said that they had been going back and forth to their local district offices trying to...

High-powered delegation to assess Maluku conflict

High-powered delegation to assess Maluku conflictThe Jakarta Post, Jakarta A high-powered ministerial, military and police delegation is scheduled to visit Maluku next week to seek an end to the prolonged sectarian violence plaguing the province.Included on the three-day peace mission from Jan.

Fire leaves 900 people homeless

Fire leaves 900 people homeless PALEMBANG, South Sumatra: Fire gutted some 48 old wooden houses near the South Sumatra capital of Palembang, leaving about 900 people homeless.No casualties were reported in the blaze that started about 11:30 a.m.

Bangka-Belitung names governor candidates

Bangka-Belitung names governor candidatesTiarma Siboro, The Jakarta Post, Jakarta The Bangka-Belitung Legislative Council has chosen eight candidates out of a pool of 47 applicants for the fledgling province's first gubernatorial elections.

Budget for Marunda dump rejected

Budget for Marunda dump rejectedAhmad Junaidi, The Jakarta Post, Puncak, West Java The city council rejected on Thursday a proposed budget addition of Rp 18.5 billion for the construction of a refuse disposal site in Marunda, North Jakarta.

Akbar to perform haj pilgrimage

Akbar to perform haj pilgrimage JAKARTA: Golkar chairman Akbar Tandjung is scheduled to leave for Mecca next month for the haj pilgrimage despite being named as a suspect in a high profile corruption scandal.

Asian monies down late as yen relapses, but off lows

Asian monies down late as yen relapses, but off lowsDow Jones, Singapore Asian currencies were weaker late Thursday, but off their intraday lows as the Japanese's yen's relapse past 132 yen to the U.S. dollar earlier in the day proved temporary, dealers said.

2001 foreign investment down 41.5%

2001 foreign investment down 41.5%Berni K. Moestafa, The Jakarta Post, Jakarta Indonesia's direct foreign investment approvals fell sharply by a full 41.5 percent last year -- to US$9.02 billion from $15.

GAM's strike call gets no response from big companies

GAM's strike call gets no response from big companiesIbnu Mat Noor, The Jakarta Post, Banda Aceh The second day of the Free Aceh Movement (GAM)'s call for a province-wide strike has gained little response from the Acehnese people.

Honda to set up new car plant in RI

Honda to set up new car plant in RIAdianto P Simamora, The Jakarta Post, Jakarta Japan's third-largest automaker, Honda Motor Co Ltd., on Thursday said that it would invest some US$30 million to set up a new plant in Indonesia in a bid to strengthen its presence in the Southeast Asian market.

1. FLOOD, 2 lines, 25 counts

1. FLOOD, 2 lines, 25 countsFlooding gives Jakarta squatters temporary reprieve 2. JAKSA, 1 line, 36 countsJl. Jaksa turns into 'Little Afghanistan'

Jl. Jaksa turns into 'Little Afghanistan'

Jl. Jaksa turns into 'Little Afghanistan'Bronwyn Curran, Agence France-Presse, Jakarta On the Indonesian capital's backpacker strip, the halternecks and sandals of over-sunned western travelers are but a memory.

NTT rebel to comply with summons

NTT rebel to comply with summons KUPANG, East Nusa Tenggara: A rebel leader in East Nusa Tenggara said here on Thursday that he was ready to comply with a police summons for questioning over his campaigns for independence in the province."No problem.

RI's 2001 fish exports $1.17 billion

RI's 2001 fish exports $1.17 billion JAKARTA: Indonesia's fishing exports for 2001 were worth US$1.17 billion, down 0.84 percent from the previous year as illegal fishing continued to plague the industry.

Rupiah Rates Jan.17

Rupiah Rates Jan.17 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S. dollar 1 10,910.00 9,910.00 10,462.00 10,358.00Austrian schilling 1 700.49 635.93 671.73 664.67Australian dollar 1 5,608.83 5,089.78 5,378.51 5,319.87Belgian franc 1 238.94 216.92 229.13 226.

RI moves to stop people smuggling

RI moves to stop people smugglingTertiani ZB Simanjuntak, The Jakarta Post, Jakarta Overwhelmed by a flood of illegal migrants, the Indonesian government, in cooperation with Australian authorities, will develop a regional plan of action to tackle the problem, which is believed to involve...

Bad weather hinders plane's removal from river

Bad weather hinders plane's removal from riverTarko Sudiarno and Multa Fidrus, The Jakarta Post, Klaten/Tangerang Bad weather on Thursday hampered efforts to remove a Garuda Indonesia Boeing 737 from a river after it crash-landed near Klaten, Central Java on Wednesday, killing a female flight...

Pusri workers go on strike in Cirebon

Pusri workers go on strike in Cirebon The Jakarta Post Jakarta Some 150 casual workers of state-owned fertilizer company PT Pupuk Sriwijaya (PT Pusri) went on strike on Thursday, demanding a 100 percent wage increase.

Bogor Palace to reduce deer population

Bogor Palace to reduce deer population BOGOR: The exploding deer population at the Bogor Palace would be reduced to 500 from the current 700, Atikah Sumantri, head of the palace, said on Wednesday.The over-supply of deer has been a problem for the last three years and at one point their number...

Batam's mayor challenges ICW over graft accusation

Batam's mayor challenges ICW over graft accusationFadli The Jakarta Post Batam Batam Mayor Nyat Kadir and his deputy, Asman Abnur, have planned to sue the city branch of the non-governmental organization, Indonesian Corruption Watch (ICW), should the ICW fail to provide evidence that the mayor, his...

Wages not cause of less investment

Wages not cause of less investmentJeff Ballinger, Director Press for Change, Cambridge, Massachusetts, USA Far from being "arbitrary and unjustified," as suggested by Peter Gardiner (The Jakarta Post, Bread Crumbs for the Poor Jan.

BI forex down $167 million

BI forex down $167 million JAKARTA: Bank Indonesia said on Thursday that its foreign exchange reserves this week stood lower at US$27.79 billion -- or down US$167.20 million -- from the previous week.The central bank said that foreign debt payments had contributed to the decrease of its foreign...

JORR tender to start next Monday

JORR tender to start next MondayThe Jakarta Post, Jakarta The government said on Wednesday it would start the re-tender of the long delayed Jakarta Outer Ring Road (JORR) project on Jan. 21, with five developers expected to bid for the Rp 4 trillion (about US$384 million) worth project.