Indonesian Political, Business & Finance News

Archive: 19 January 2002

77 articles found

Evergreen's move a blow to Singapore

Evergreen's move a blow to SingaporeReuters, Kuala Lumpur Malaysia's Port of Tanjung Pelepas (PTP), barely two years old, is giving larger, more established rival Singapore a run for its money as it courts Taiwanese shipping giant Evergreen Marine Corp with lower fees.

Badminton sensation signs for Singapore

Badminton sensation signs for SingaporeGerard Wong, The Straits Times, Asia News Network, Singapore Indonesian teenage badminton sensation Taufik Hidayat took his first big step towards fulfilling his desire to play for Singapore when he landed at Changi Airport Thursday afternoon.

BI says inflation target still attainable

BI says inflation target still attainableThe Jakarta Post, Jakarta Bank Indonesia (BI) expressed optimism on Friday that inflation this year would still be within the 9 percent to 10 percent target level despite the fuel price hike policy.

Chicken farm guard killed

Chicken farm guard killed BOGOR: A guard at a chicken farm in the Cibadak area of Bogor was found dead on Thursday in a pond near the farm's chicken coop with a piece of wire wrapped around his neck.The victim, Rohim, 21, a resident of Nganjuk in East Java, had only worked at the farm --owned by H.

Pam Swakarsa -- solution or new problem?

Pam Swakarsa -- solution or new problem?Panca Nugraha, The Jakarta Post, Mataram Initially meant to ensure law and order in West Nusa Tenggara (NTB) province, civilian security task forces, known locally as Pam Swakarsa, have instead instilled deep-seated resentment and terror, while sparking...

Investors dip toes, but don't dive into Indonesia, the Philippines

Investors dip toes, but don't dive into Indonesia, the PhilippinesJennifer Chen, Reuters, Singapore Indonesia and the Philippines, long viewed by foreign investors as the untouchables of Asia, are quietly creeping back onto fund manager radar screens.

Fuel price hike makes life harder, drivers say

Fuel price hike makes life harder, drivers sayDamar Harsanto, The Jakarta Post, Jakarta The government's fuel price rises have dealt a blow to public transportation drivers who are complaining that the hike has slashed profit margins.

"If you need artists from Jakarta for a party, we would pay

"If you need artists from Jakarta for a party, we would pay them. If the artist is Sutiyoso, the Bekasi mayor should pay me," the governor joked.

CNOOC to buy Repsol RI assets for US$585m

CNOOC to buy Repsol RI assets for US$585mCharlie Zhu, Reuters, Hong Kong China offshore oil giant CNOOC says it has agreed to buy the Indonesian assets of Spanish oil major Repsol-YPF for US$585 million in cash, its biggest international expansion to date.

CNOOC to buy Repsol Indonesian assets for US$585m

CNOOC to buy Repsol Indonesian assets for US$585m Charlie Zhu Reuters Hong Kong China offshore oil giant CNOOC says it has agreed to buy the Indonesian assets of Spanish oil major Repsol-YPF for US$585 million in cash, its biggest international expansion to date.

Companies from France to visit Indonesia

Companies from France to visit Indonesia JAKARTA: Representatives from 21 prominent companies from France will arrive on a four-day business visit here at the end of this month to seek business opportunities in Indonesia, according to a statement issued by the French Embassy in Jakarta.

2. GOLD ( 2 x 28)

2. GOLD ( 2 x 28) Survey says gold price to firm to US$282/ounce 3. LNG ( 3 x 18) Australia's NWS shortlisted for China LNG contract 4. BAIL ( 2 x 20) Japanese retailer Daiei to get US$3.2b bailout

Governor to invite GAM chief for dialog

Governor to invite GAM chief for dialogIbnu Mat Noor, The Jakarta Post, Banda Aceh Following the three-day partial strike in restive Aceh, Governor Abdullah Puteh announced a plan to hold a dialog with the Free Aceh Movement (GAM) to seek a solution to the prolonged conflict that has claimed...

Evening parade resumes

Evening parade resumes JAKARTA: An evening parade, held routinely at the Merdeka Palace in Jakarta during the New Order regime, is to resume with President Megawati Soekarnoputri scheduled to attend on Sunday from 4 p.m. to 6 p.m., according to the president's secretariat.

Basic commodity prices soar in many provinces

Basic commodity prices soar in many provincesThe Jakarta Post, Jakarta The government's decision to raise fuel prices by an average of 22 percent has caused the transportation fares and prices of rice and other basic staples to soar in many provinces across the country.

No problem: Riau on Riau archipelago province

No problem: Riau on Riau archipelago provinceThe Jakarta Post, Jakarta Governor Saleh Djasit said Riau province would consent to the establishment of Riau archipelago (Kepri) as a new province, once the proposal wins political support from the region's residents, as well as community and religious...

Ethicality of worker contracts in doubt

Ethicality of worker contracts in doubtSanto Koesoebjono, Economist, Demographer, Wasenaar, The Netherlands A worker at a candy factory in Cibinong on the outskirts of Jakarta, Uti, said sadly one day that it was the last day of her six-month contract.

Sudibyo M. Wiradji

Sudibyo M. Wiradji Contributor JakartaCHECKED ON 18 JAN - TIMLiving in Singapore -- why not? Want to rent a dream house in Singapore for education or business purposes? Or perhaps you want to invest your funds in a residential apartment or a condominium there? Fine.

Ill-fated cyclist fights to hold on

Ill-fated cyclist fights to hold onMusthofid, The Jakarta Post, Jakarta Had Andry Sudrajat, a national cyclist, known he would not be going to the upcoming Asian Games he would not have leased his small store he and his family rely on to survive.

NTB prays for wounded ex-governor

NTB prays for wounded ex-governor MATARAM, West Nusa Tenggara: Local residents are praying for the health of a popular former West Nusa Tenggara (NTB) governor Gatot Suherman who was among the passengers injured when a Garuda Indonesia airliner crash-landed on Wednesday on a river in Central Java.

Headings

Headings1. Aceh: 8 x 4 linesGovernor to invite GAM chief for dialog2. Dampak: 20 x 2 lines Basic commodity prices soar in many provinces3. Riau: 24 x 2 linesRiau has no objection to proposed Kepri province 4. Probe: 16 x 2 linesPlane recovery remains elusive5.

PKB dispute may end in legal battle

PKB dispute may end in legal battleAsip A. Hasani, The Jakarta Post, Yogyakarta With hopes of addressing the internal rift in the National Awakening Party (PKB) already up in smoke, the camp loyal to former president Abdurrahman Wahid is eying a legal battle in the near future.

KLA, Gulf Air sign code-share deal

KLA, Gulf Air sign code-share deal KUALA LUMPUR: Malaysia's national carrier has signed a code- share agreement with Gulf Air that will take effect at the end of March, newspapers reported Friday.Under the deal, passengers on both airlines will enjoy lower fares from the start of February, the...

Three found dead in vessel fire

Three found dead in vessel fire BANJARMASIN, South Kalimantan: Three crew members were found dead on Friday after their vessel, which was carrying around 400 drums of diesel fuel, kerosene and gasoline was destroyed by fire on Alalak river in South Sulawesi.

PLN retains UBS Singapore's service

PLN retains UBS Singapore's service JAKARTA: State-run electricity company PT PLN announced on Friday that it has decided to retain the services of UBS AG Singapore to facilitate the purchase of part of the outstanding senior secured debt of Dayabumi Salak Pratama Ltd (DSPL).

Indonesia, Thailand sign MoU on fishing

Indonesia, Thailand sign MoU on fishingKurniawan Hari, The Jakarta Post, Jakarta Indonesia and neighboring Thailand agreed on Friday to boost efforts to deal with illegal fishing in their respective territorial waters.

Garuda's service

Garuda's service I am highly dissatisfied with Garuda Indonesia's service. I was heading to Malaysia for a brief visit. I reached the airport at 2 p.m. We were told that the flight was two hours late. We were already expecting a delay so we weren't surprised.

Crimes in parking area

Crimes in parking areaFrom KompasI visited Taman Anggrek Mall in West Jakarta on Dec. 14, 2001. When I was entering the parking area to leave the mall for home, an elegant man wearing a necktie suddenly intercepted me. While handing over his identity card, he introduced himself as H. Muh.

Muggers on pedestrian bridge

Muggers on pedestrian bridgeFrom Investor IndonesiaI 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 ruthless...

Mahathir warns foreign workers

Mahathir warns foreign workersAgence France-Presse, Kuala Lumpur Malaysian Prime Minister Mahathir Mohamad on Friday warned foreign workers to abide the laws of the country following a riot by a group of Indonesians.

Global Muslim body vital bridge differences

Global Muslim body vital bridge differencesNakharin Mektrairat, Associate Professor, Political Science, Thammasat University, Bangkok, The Asahi Shimbun, Tokyo Since the Sept. 11 terrorist attacks, the United States began an initiative to suppress terrorism, triggering opposition movements among...

Palace considering hiring Thai star

Palace considering hiring Thai star BANGKOK: Officials from England's first division club Crystal Palace are scheduled to come to Bangkok next week to discuss a contract to hire Thai teen-age star Teerathep Vinothai, his father said Friday.

Indonesian nabbed in Philippines

Indonesian nabbed in PhilippinesAgence France-Presse, Manila Philippine authorities have uncovered a huge cache of explosives meant for attacks on Southeast Asian countries thanks to the arrest of an Indonesian man, the military said Friday.

Lawyer asks court to arrest judge

Lawyer asks court to arrest judge MALAYSIA: Lawyers for jailed politician Anwar Ibrahim asked a court in Kuala Lumpur on Friday to issue an arrest order for a judge accused of contempt for comments he made during the former deputy prime minister's trial two years ago.

Thai Airways to install bulletproof

Thai Airways to install bulletproofTHAILAND: National carrier Thai Airways will install bulletproof doors on cockpits of its jumbo jets to enhance flight security, a senior official said on Friday. By the end of April, electronic dead bolts would be fixed on the doors on all its 16 Boeing 747-400...

Trader dies from shock after market fire

Trader dies from shock after market fire PAREPARE, South Sulawesi: One trader died from shock after discovering his stall had been destroyed in a fire that swept through 60 garment stalls at Lakessi market in Parepare regency, South Sulawesi, on Thursday night.

Legal certainty key for more Japanese investment: Envoy

Legal certainty key for more Japanese investment: EnvoyAdianto P Simamora, The Jakarta Post, Jakarta The Japanese Ambassador to Indonesia, Yukio Takeuchi, said on Friday the government needs to restore a conducive investment climate, by ensuring legal certainty, if they want to attract more...

* Headlines: People urged to empower themselves 2

* Headlines: People urged to empower themselves 2* Opinion: Ethics of labor force contracts in doubt 4* City: Fuel price hike makes life harder 6* Archipelago: Govt to invite GAM chief for dialog 7 * National: Rights judges to be inducted soon 8* World: Israeli jets hit Palestinian headquarters 10*...

PLN to turn off power generators

PLN to turn off power generators JAKARTA: The distribution unit of the state-owned electricity company that oversees Jakarta, PLN, will turn off the city's power generators in Priok, Pluit, Bandengan, Kota, Kapuk -- as well as other areas along Ciliwung River -- to avoid possible electrocutions...

Team to finalize IBRA debt extension plan

Team to finalize IBRA debt extension planBerni K. Moestafa, The Jakarta Post, Jakarta A small government team will finalize talks over a controversial plan to grant debt payment extensions for large debtors of the Indonesian Bank Restructuring Agency (IBRA), while also reviewing the problems...

Legal loopholes still abound, Tommy's investigation drags on

Legal loopholes still abound, Tommy's investigation drags onDamar Harsanto and Muninggar Sri Saraswati, The Jakarta Post, Jakarta As the legal process over the murder of Supreme Court Justice M. Syafiuddin Kartasasmita drags on, observers have warned the public to keep a watchful eye on possible...

Why can it be so difficult for local leaders to die?

Why can it be so difficult for local leaders to die?Tarko Sudiarno, The Jakarta Post, Yogyakarta When former president Soeharto was admitted to the Pertamina Hospital in Central Jakarta last December, people speculated that he could be about to die.

for Sunday Jan 20

for Sunday Jan 20 checked;JP;HEN; ANPAv..r.. Photo-Singapore-propertyPhoto captionSingapore Fact and View 2000 Uncertainties in the economic outlook and rising jobless figures have caused a decline in the demand for residential property in Singapore.

Plane recovery remains elusive

Plane recovery remains elusiveTarko Sudiarno, The Jakarta Post, Solo Strong currents and heavy rain continue to hamper efforts to recover the cockpit voice recorder of a Garuda Boeing 737 that crash-landed into Bengawan Solo River, Central Java in bad weather, officials said on Friday.

BI wants 'names' of BCA bidders

BI wants 'names' of BCA biddersDadan Wijaksana, The Jakarta Post, Jakarta Bank Indonesia demanded that the Indonesian Bank Restructuring Agency (IBRA) disclose the "ultimate shareholders" behind each of the bidders vying for the government's 51 percent stake in Bank Central Asia (BCA).

PPP fires Ja'far Badjeber

PPP fires Ja'far Badjeber JAKARTA: Officials from the United Development Party's (PPP) Jakarta chapter have fired its chairman Ja'far Badjeber because he joined PPP's splinter party, PPP-Reform.One of the chapter's deputy chairmen Chudlary Syafii Hadzani said at the city council building on Friday...

Already checked

Already checked;JP; ANPAc..r.. Focusissue-Spore-living I. Christianto Contributor JakartaMore and more Indonesians buy S'pore apartments Singapore is not only a favorite place for shopping, but it has also become a favorite place to live either for business or for study purposes.

Shareholders Bank name Amount of debt

Shareholders Bank name Amount of debt (in trillion rupiah)Soedono Salim BCA 52.73 Usman Admadjaja Danamon 12.53 Sjamsul Nursalim BDNI 28.41 Kaharuddin Ongko BUN 8.35 Mohammad Hasan BUN 5.34 Samadikun Hartono Modern 2.66 Hokiarto & Hokianto Hokindo 0.29

1. MATI, 2 cols, 25 counts

1. MATI, 2 cols, 25 countsWhy can it be so difficult for local leaders to die? When former president Soeharto was admitted to the Pertamina Hospital in Central Jakarta last December, people speculated that he could be about to die.

CNOOC to buy Repsol Indonesian assets for US$585m

CNOOC to buy Repsol Indonesian assets for US$585m Charlie Zhu Reuters Hong Kong China offshore oil giant CNOOC says it has agreed to buy the Indonesian assets of Spanish oil major Repsol-YPF for US$585 million in cash, its biggest international expansion to date.

More criminal suspects shot dead by police

More criminal suspects shot dead by policeRendi A. Witular, The Jakarta Post, Jakarta Almost every day it seems, the media report that at least one suspected robber has been shot dead by police.This perception is supported by data held at the forensic department of the Cipto Mangunkusumo General...

'Employers, employees must settle wage rift'

'Employers, employees must settle wage rift'Annastashya Emmanuelle, The Jakarta Post, Jakarta President Megawati Soekarnoputri called on employers and employees on Friday to work together to find the most feasible solution to wage disputes.

The fruit of our sins

The fruit of our sins Thursday's call by a number of non-governmental organizations (NGOs) for the public to join them in taking action against those parties they deem responsible for the environmental disaster that befell thousands of residents -- especially those living along the toll road...

RI urgently needs to build new social consensus

RI urgently needs to build new social consensusKurniawan Hari, The Jakarta Post, Jakarta A new social consensus is urgently needed so as to bring about systematic transformation in Indonesian politics, the economy, and society amid the prolonged multidimensional crisis that has led the nation...

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 18, 2002: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 1,150 0 212,500 Adindo Foresta 70 0 4,500 AGIS 125 5 353,000 Akbar Indo Makmur 245 0 0 Alakasa 205 0...

Big parties determined to save Akbar

Big parties determined to save AkbarThe Jakarta Post, Jakarta Just three days before the House of Representatives (DPR) decides whether or not it will set up a committee of inquiry, major parties appeared determined on Friday to save House Speaker Akbar Tandjung, backing away from their earlier...

PDI-P urges Mega to make speech

PDI-P urges Mega to make speech DENPASAR: Members of the Indonesian Democratic Party of Struggle (PDI Perjuangan) in Bali are inviting party chairwoman Megawati Soekarnoputri to deliver a political speech at the party's 29th anniversary celebrations in Badung on Jan. 23.

Groups protest fuel price hike

Groups protest fuel price hike Two separate protest marches, organized by members of the Islam Defenders Front (FPI) and several universities in Jakarta respectively, converged on the House of Representatives (DPR) in the Senayan area, Central Jakarta, on Friday, causing traffic congestion along Jl.

Disband IBRA

Disband IBRAFrom Koran TempoAfter reading an article in the Jan. 11, 2002 edition of Koran Tempo titled Suspend the chairman of the Indonesian Bank Restructuring Agency (IBRA), I can conclude that IBRA is a slick den of corruption, collusion and nepotism (KKN).

Ad hoc judges for rights tribunal to be inducted soon

Ad hoc judges for rights tribunal to be inducted soonTiarma Siboro and Annastashya Emmanuelle, The Jakarta Post, Jakarta All of the ad hoc judges for the human rights tribunal being set up to try past crimes against humanity in East Timor and Tanjung Priok are expected to be installed next week,...

Rupiah Rates Jan.18

Rupiah Rates Jan.18 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S. dollar 1 10,900.00 9,900.00 10,452.00 10,348.00Austrian schilling 1 698.03 633.41 669.34 662.08Australian dollar 1 5,615.68 5,095.53 5,384.87 5,326.12Belgian franc 1 238.10 216.06 228.32 225.

Malaria cases sharply increase nationwide

Malaria cases sharply increase nationwideAgus Maryono, The Jakarta Post, Jakarta Malaria cases have been on the rise since 1998, and have so far occurred in 13 provinces, 16 districts and 106 villages throughout the country, a senior ministry of health official said on Friday.

;JP;Sudibyo Wiradji;

;JP;Sudibyo Wiradji; ANPAc..r.. Focusissue-Spore-housingSudibyo M. Wiradji Contributor JakartaCHECKED ON 18 JAN - TIMLiving in Singapore -- why not? Want to rent a dream house in Singapore for education or business purposes? Or perhaps you want to invest your funds in a residential apartment or a...

Floods to affect 1.5m, city on high alert

Floods to affect 1.5m, city on high alertBambang Nurbianto, The Jakarta Post, Jakarta As millions of people living in the capital are at great risk of suffering due to floods during the rainy season, the Jakarta administration is now on high alert about a possible outbreak of diarrhea.

The need to regain trust in Indonesian press despite freedom

The need to regain trust in Indonesian press despite freedomDewi Anggraeni, Novelist, Journalist, Canberra People tend to believe that rapid advancement in information technology has opened up many corners of the world hitherto shrouded in secrecy, or just downright inaccessible.

Compensation promised, garbage dump stays open

Compensation promised, garbage dump stays openAhmad Junaidi, The Jakarta Post, Jakarta The city administration has promised to pay Bekasi municipality Rp 8.75 billion (US$850,000) a year in compensation after the later agreed to allow Jakarta to keep dumping its garbage at Bekasi's Bantar Gebang...

2. Ian -- Investigative journalism in India at its best

2. Ian -- Investigative journalism in India at its best 1 X 34 36pt Bodoni Defending India's battered democracy Ian Buruma Guardian News Service London 3. Dewi -- The plight of journalists in Indonesia1 X 32 36pt Bodoni Regaining trust in the Indonesian press Dewi Anggraeni, Novelist, Journalist...

NGOs against anti-terrorism bill

NGOs against anti-terrorism billTertiani ZB Simanjuntak, The Jakarta Post, Jakarta Non-governmental organizations urged the government on Friday to halt the drafting of an anti-terrorism act, which they feared would pose a threat to democracy due to its ambiguous definition of terrorism.

Elite create mob society, not 'civil society'

Elite create mob society, not 'civil society'Yogita Tahilramani, The Jakarta Post, Jakarta Indonesia's political elite have failed to bring about a civil society as they are more inclined to use repressive and militaristic approaches than democratic principles in resolving differences, an expert...

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions* Painting by children from 161 countries, the National Gallery of Indonesia, Jl. Medan Merdeka Timur 14, Gambir, Central Jakarta (Tel. 34833954) until Jan. 26. * Stone Lithographs and Paintings by Ken Pattern, Koi Galeri/Restoran Jl Mahakam I/2 (Tel: 722 2864), 11...

Convicted UN staff killers get heavier sentences

Convicted UN staff killers get heavier sentencesTiarma Siboro, The Jakarta Post, Jakarta The Supreme Court has increased the sentences of three men, convicted of killing three staff members of the UN High Commissioner for Refugees (UNHCR) in West Timor in September 2000, to between five and seven...

;JP;Sudibyo Wiradji;

;JP;Sudibyo Wiradji; ANPAc..r.. Focusissue-Spore-housingSudibyo M. Wiradji Contributor JakartaCHECKED ON 18 JAN - TIMLiving in Singapore -- why not? Want to rent a dream house in Singapore for education or business purposes? Or perhaps you want to invest your funds in a residential apartment or a...

Meeting sequel gives staff more work

Meeting sequel gives staff more workAhmad Junaidi, The Jakarta Post, Jakarta One hundred council employees were busy removing meeting equipment from city-owned Wisma Jaya Raya resort in Puncak, West Java, where councillors deliberated the proposed 2001 city budget, to the council building on Jl.

RI, Thailand sign fishing industry MoU

RI, Thailand sign fishing industry MoUKurniawan Hari The Jakarta Post Jakarta Indonesia and neighboring Thailand agreed on Friday to boost efforts to deal with illegal fishing in their respective territorial waters.

Pertamina urged to explain new fuel policy

Pertamina urged to explain new fuel policyMoch. N. Kurniawan, The Jakarta Post, Jakarta The Indonesian Consumer Foundation (YLKI) lambasted both the government and the state-owned oil and gas firm Pertamina for not offering the public sufficient explanation about the new fuel price hike policy.

Property rights meeting in Oman

Property rights meeting in Oman JAKARTA: Minister of Justice and Human Rights Yusril Ihza Mahendra is scheduled to attend an international conference on intellectual property rights and the protection of traditional knowledge in Oman, Jordan, from Jan. 21 to Jan. 23.

Trees uprooted after heavy rains

Trees uprooted after heavy rains BOGOR: Trees were uprooted, two houses collapsed and an Army building damaged when heavy rains and strong winds hit Bogor on Thursday.Bogor Mayor Iswara Natanegara said 31 shelter trees along lining Jl. Semeru, Sindang Barang, Jl. Jalak Harupat, Sempur, Jl.