Indonesian Political, Business & Finance News

Archive: 4 January 2002

73 articles found

Sriwedari Park's glory days now just a distant memory

Sriwedari Park's glory days now just a distant memoryKartika Bagus C., The Jakarta Post, Surakarta For Surakartans, Sriwedari Park is not only a city park. Its function went beyond that until it changed with the times.When celebrating its centenary on Jan.

Timan faces 20 years in jail

Timan faces 20 years in jail A former president director of state-owned company PT Bahana Pembinaan Usaha Indonesia (PBUI) is facing corruption charges at the South Jakarta District Court for allegedly costing taxpayers an astronomical total of US$240.9 million.

Rupiah Rates Jan.3

Rupiah Rates Jan.3 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S. dollar 1 10,886.00 9,886.00 10,438.00 10,334.00Austrian schilling 1 716.04 649.76 686.57 679.21Australian dollar 1 5,609.56 5,089.31 5,378.70 5,319.94Belgian franc 1 244.25 221.64 234.20 231.

1. Debt ( 2 x 21)

1. Debt ( 2 x 21) Thai public debt could rise to 60-65 percent of GDP 3. MAL (2 x 30) Malaysia's trade surplus shrinks beyond expectations in November4. OIL ( 4 x 9) OPEC sees average oil price of $22

Rival PKB leaders lobby for support

Rival PKB leaders lobby for supportFabiola Desy Unidjaja, The Jakarta Post, Jakarta Rival leaders of the divided National Awakening Party (PKB), Matori Abdul Djalil and Alwi Shihab, have been turning to key state officials in their quest for recognition.

Pertamina, Riau to sign oil JV

Pertamina, Riau to sign oil JV CPP joint venture to go aheadThe Jakarta Post Jakarta After years of negotiations, state oil and gas Pertamina and the Riau provincial administration have finally agreed to set up a joint venture to develop the Coastal Plains Pekanbaru (CPP) block in Riau, Minister of...

Key points of Malino Agreement

Key points of Malino Agreement1. End all forms of conflict. 2. Security personnel must act firmly and fairly in maintaining peace and order. 3. Reject the imposition of state of emergency and foreign intervention. 4. Respect and forgive each other in order to foster peace. 5.

Internet industry hit hard last year

Internet industry hit hard last yearMoch. N. Kurniawan, The Jakarta Post, Jakarta After experiencing euphoria over the Internet business last year, Indonesia, like most countries around the world, this year witnessed the collapse of its dotcom industry.

Wake up, Indonesia: Face the bitter reality

Wake up, Indonesia: Face the bitter realityAbdillah Toha, Executive Director, Institute for Socio-Economic and Political Studies (IN-SEP), Jakarta We are now in the second year of a new and turbulent century.

Police summon Gus Dur as witness in extortion case

Police summon Gus Dur as witness in extortion caseDamar Harsanto, The Jakarta Post, Jakarta Police are to question former president Abdurrahman "Gus Dur" Wahid in relation to a Rp 15 billion extortion case involving Hutomo "Tommy" Mandala Putra, the youngest son of former president Soeharto.

Sutiyoso haunted by potential flood crisis

Sutiyoso haunted by potential flood crisisThe Jakarta Post, Jakarta Take out your umbrella, roll-up your pants and if you're one of the unlucky Jakartans living in flood prone areas, better get out your dinghy because even Governor Sutiyoso admits there is nothing the administration can do other...

JP/3/INSIGHT

JP/3/INSIGHTWhither civil society? Are we getting closer or farther from becoming a civil societyJ. Soedjati Djiwandono Political Analyst Jakarta Both Sukarno, through his "guided democracy", and Soeharto through his "Pancasila democracy", robbed the sovereignty and power of the people.

Paiton energy plan to develop additional power plants

Paiton energy plan to develop additional power plantsMoch. N. Kurniawan, The Jakarta Post, Jakarta PT Paiton Energy, the owner of the coal-fired Paiton I power plant, is exploring the development of one or two additional power units in Paiton, Probolinggo, East Java as part of its expansion program.

The President's speech

The President's speech President Megawati Soekarnoputri's New Year's Eve speech, which was recorded on Dec. 28 before she took off for vacations in Bali, reflects the inherent [tendency] trait of[for] Indonesians to look only at the positive side of things.

Govt tells refugees to go home or be resettled

Govt tells refugees to go home or be resettledFabiola Desy Unidjaja, The Jakarta Post, Jakarta Coordinating Minister for Social Welfare Jusuf Kalla says the government will resolve refugee problems across the country in the next six-months as security conditions in most conflict areas has improved...

Environmentalists oppose plan to dissolve Bapedal

Environmentalists oppose plan to dissolve BapedalTertiani ZB Simanjuntak, The Jakarta Post, Jakarta Environmentalists strongly rejected on Thursday the government's plan to dissolve the Environmental Impact Control Agency (Bapedal) and merge it with the Office of the State Minister of the...

[b]

Asian moneys up late on yen, stock market gains 2. Euro ( 2X 24) Europe could wake up with painful hangover 3. Flood ( 1 X 32) Floods hit Sumatra rubber area 4. OIL ( 2 X 27) Oil flirts with seven-week highs about US$21/barrel

Telkom's service

Telkom's serviceFrom RepublikaThe plan for a telephone rate increase of 21.67 percent in 2002 using a flat-rate system and in the following year using a "rebalancing formula" should be reviewed. As a consumer, I expect PT Telkom to give its attention to the following:1. Law no.

Jakarta's garbage fiasco worsens

Jakarta's garbage fiasco worsensAhmad Junaidi, The Jakarta Post, Jakarta The Jakarta city administration has accused the Bekasi municipality of blackmail, saying it considered not to continue using Bantar Gebang as its garbage dump.

Climber dies on Mount Salak

Climber dies on Mount Salak CIANJUR, West Java: A 20-year old climber from Jakarta was found dead on Mount Salak in the West Java town of Sukabumi, local residents said on Thursday.The body of Fajar Suhendra, a resident of Duren Sawit in East Jakarta, was discovered on Tuesday by a 35-year old...

Weight division change prompts new strategy for RI boxers

Weight division change prompts new strategy for RI boxersMusthofid, The Jakarta Post, Jakarta Changes in several weight classes have prompted Pertina, the national amateur boxing body, to revise its strategy for the 2002 Asian Games in Busan, South Korea.

Thieves in trains

Thieves in trainsFrom Suara KaryaAll home-coming travelers need to be careful when traveling on executive-class trains that thieves are always eyeing their prey.These thieves resemble magicians who are able to empty all the contents of bags, even those that have been locked.

Capriati teaches Angelique tennis lesson

Capriati teaches Angelique tennis lessonAgencies, Hong Kong World number two Jennifer Capriati blasted past rising Indonesian star Angelique Widjaja, to take her place in the semifinals of the Hong Kong Ladies Challenge on Thursday.

Tarakanita hit by protest and brawl

Tarakanita hit by protest and brawl JAKARTA: Three people were arrested on Thursday after a rally turned ugly at the Tarakanita Secretarial Academy in Kali Malang, East Jakarta. The demonstration by the teachers and students was a demand for more money and better conditions.

Motorcycles seized in Jayapura

Motorcycles seized in Jayapura JAYAPURA, Irian Jaya: Police in Irian Jaya seized on Thursday hundreds of motorcycles that lacked necessary fixtures and whose owners failed to produce legal documents.The seizure was made during a raid on unlicensed two-wheeled vehicles in the province's capital of...

JP/11/CPP

JP/11/CPPPertamina, Riau sign agreement to operate CPP blockMoch. N. Kurniawan The Jakarta Post JakartaState oil and gas company Pertamina and the Riau provincial administration signed an agreement on Thursday to jointly operate the Coastal Plains Pekanbaru (CPP) oil block, ending years of dispute...

Plan for military command in Aceh goes unchallenged

Plan for military command in Aceh goes unchallengedThe Jakarta Post, Jakarta The controversial plan to reestablish the military command in Aceh is already underway, and only President Megawati Soekarnoputri can stop it.

Residents ill-prepared for anticipated floods

Residents ill-prepared for anticipated floodsAnnastrashya Emmanuelle, The Jakarta Post, Jakarta JAKARTA (JP): Although many people vividly remember 1996, when Jakarta's worst flooding inundated most of the city, this year few are prepared for the coming torrential rains, saying they were unaware of...

Police bust gun shipment headed for Poso

Police bust gun shipment headed for PosoJupriadi, The Jakarta Post, Makassar City police in Makassar seized a shipment of two guns bound for nearby Poso on Wednesday, thwarting an apparent attempt to scuttle the Malino peace agreement signed by the Central Sulawesi regency's warring factions in...

Cabinet must work hard

Cabinet must work hardFrom Koran TempoCool-headed and soft-spoken Susilo Bambang Yudhoyono is also capable of making strong statements. Frankly speaking, I am surprised and glad to learn that Coordinating Minister for Political and Security Affairs Susilo Bambang Yudhoyono has called on those...

Four-year sentence asked for high court judge

Four-year sentence asked for high court judge State prosecutors asked the Central Jakarta District Court on Thursday to sentence a judge of the Jakarta High Court to four years in jail in a bribery case involving Supreme Court Justices.

Malaria claims 60 lives in 6 months in Banyumas

Malaria claims 60 lives in 6 months in BanyumasAgus Maryono, The Jakarta Post, Banyumas Legislators in the Central Java city of Banyumas have lashed out at the local administration for not preventing the spread of malaria that they claim killed at least 60 people last year.

Kerosene shortages irk residents in West Java

Kerosene shortages irk residents in West JavaNana Rukmana and Yuli Tri Suwarni, The Jakarta Post, Kuningan, Bandung Housewives in Indramayu, Majalengka, Cirebon, Kuningan, Subang and Karawang were upset when they found it hard to buy kerosene for their daily needs.

RI economy defies trend, grows by 3.5%

RI economy defies trend, grows by 3.5%Berni K. Moestafa and Febiola Desy Unidjaja, The Jakarta Post, Jakarta Defying the negative trend of its regional peers hit by the global economic slump, Indonesia's economy grew by around 3.5 percent for the whole of last year, the government said.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan.3, 2002: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 1,150 25 500 Adindo Foresta 70 0 0 AGIS 110 -5 153,500 Akbar Indo Makmur 260 5 16,500 Alakasa 175 0 0 Alfa...

Police foil gun supply to restive Poso: City police in Makassar

Police foil gun supply to restive Poso: City police in Makassar seized a shipment of two guns bound for nearby Poso on Wednesday, thwarting an apparent attempt to scuttle the Malino peace agreement signed by the Central Sulawesi regency's warring factions in December.

Pertamina, Riau sign agreement to operate CPP oil block

Pertamina, Riau sign agreement to operate CPP oil blockMoch. N. Kurniawan, The Jakarta Post, Jakarta State oil and gas company Pertamina and the Riau provincial administration signed an agreement on Thursday to jointly operate the Coastal Plains Pekanbaru (CPP) oil block, ending years of dispute...

Security in Aceh conducive

Security in Aceh conducive JAKARTA: Chief of Military Operations in Aceh Brig. Gen. M. Djali Yusuf said in Lhokseumawe, Aceh, on Thursday that security in Aceh had increasingly become conducive, particularly after the imposition of Presidential Instruction (Inpres) No.

OPEC sees average 2002 oil price at $22 a barrel

OPEC sees average 2002 oil price at $22 a barrelAssociated Press Caracas OPEC's secretary general said Wednesday that oil prices will average US$22 a barrel this year, expressing confidence that prices will remain within the group's target range.A recent 1.

1. BANJIR: 50 pt, 3 cols, 2 x 18

1. BANJIR: 50 pt, 3 cols, 2 x 18 Residents ill-prepared for anticipated floods 2. GUSDUR: 40 pt, 2 cols, 3 x 15 Police to summon Gus Dur as witness in extortion case 3. ZENDRA: 36 pt, 3 cols, 1 x 42 Four-year sentence demanded for high court judge 4.

Wary Asian countries eye brighter economy in 2002, say analysts

Wary Asian countries eye brighter economy in 2002, say analystsAlan Wheatley, Reuters, Tokyo Asia's second recession in three years seems to be drawing to a close, but doubts about the vigor of a recovery in exports and the risk of a sharp fall in the yen mean 2002 is shaping up as a modest...

targets realization

targets realization GDP growth 3.5% 3.5% (estimate) Inflation 9-10% 12.5% Budget deficit 3.7% 3.7% BI average rate 15.0% 16.2% Rupiah vs US$ Rp 9,600 Rp 10,256

Papua governor sees 'room' for change in new autonomy

Papua governor sees 'room' for change in new autonomyAgence France-Presse, Jakarta The governor of Indonesia's newly autonomous province of Papua on Thursday greeted the remote region's new freedoms as a chance to change the disadvantaged lives of its people.

Palembang short of fuel

Palembang short of fuel PALEMBANG, South Sumatra: Palembang, the capital of South Sumatra, has experienced fuel shortages over the last two weeks. Cars were seen lining up for more than one kilometer, just to enter gas stations along Jl. Veteran and Jl. Demang Lebar Daun.

Civil servant gets 18-month prison term

Civil servant gets 18-month prison term PAREPARE, South Sulawesi: The Parepare District Court sentenced Hasanuddin, a 40-year old civil servant, to 18 months in prison on Thursday for consuming shabu-shabu (crystal amphetamine).

Bogor Park gives Rp 400m to city

Bogor Park gives Rp 400m to city BOGOR: Kebun Raya Bogor (Botanical Garden Park) beginning this year will contribute between Rp 200 and Rp 400 million to the city mayoralty, depending on the number of visitors to the park per year.

Witnesses heard in Yacobus case

Witnesses heard in Yacobus case JAKARTA: The prosecution brought seven witnesses before the Central Jakarta District Court in the trial of an East Timorese militiaman charged with murdering an international peacekeeper from New Zealand two years ago.One of the witnesses, Corp.

Malaysia building naval base near border with RP

Malaysia building naval base near border with RPAgencies, Kuala Lumpur Malaysia will build a training base for its navy commando in the eastern state of Sabah, the site of recent incursions by Islamic rebels from the Philippines, senior officers said.Capt.

Employers reminded of wage ruling

Employers reminded of wage ruling JAKARTA: Minister of Manpower and Transmigration Jacob Nuwa Wea urged employers, especially those in the capital, to abide by the new regulation on minimum wage increases.

Teen sex education planned

Teen sex education plannedFitri Wulandari, The Jakarta Post, Jakarta The new chief of the National Family Planning Coordination Board (BKKBN), Yaumil C. Agoes Achir, will embark on an information campaign on reproductive health education for teenagers.

Estrada allowed to leave detention

Estrada allowed to leave detention PHILIPPINES: An anti-graft court on Thursday allowed deposed Philippine president Joseph Estrada to leave detention for post- operative eye check-ups later this month.

Reform-minded members brace for PPP Reformasi

Reform-minded members brace for PPP ReformasiTiarma Siboro, The Jakarta Post, Jakarta Disgruntled followers of the Muslim-based United Development Party (PPP) are planning to break away from the party they see as too old-fashioned and out of touch to attract younger voters.

1. CPP ( 4 x 14)

1. CPP ( 4 x 14) Pertamina, Riau sign agreement to operate CPP block 2. IBRA (2 x 24) 'Controversial firm' advises IBRA on BCA sale 3. Paiton (2 x 27) Paiton Energy plans to develop additonal power plants 4. Price (2 x 27) Car prices could drop following implementation of AFTA: Gaikindo 5.

Two escape Cirebon prison

Two escape Cirebon prisonThe Jakarta Post, Cirebon Prisoner Mulyadi, sentenced to death for murder and Muhammad Ali, serving out a 14-year jail sentence for murder and illegal possession of firearms, broke out of the Kesambi Penitentiary in Cirebon, West Java, on Tuesday officials said.

2 x 20 48 pt

2 x 20 48 pt Minimum wage increase: Bread crumbs for the poor Peter Gardiner Social Researcher Technical Advisor Insan Hitawasana Sejahtera Jakarta 2. Hague -- Judgment at The Hague: Stepping into "the breach" 1 x 28 36 pt Sex Slaves vindicated at The Hague Ma. Ceres P.

1. Short: 10 x 4 lines

1. Short: 10 x 4 linesKerosene shortages irk residents in West Java2. Malaria: 20 x 2 linesMalaria claims 60 lives in 6 months in Banyumas3. Batam: 16 x 2 linesProtesters demand expulsion of activist 4. Kabur: 16 x 2 lineTwo inmates escape Cirebon prison

City launches migrant operations

City launches migrant operationsThe Jakarta Post Jakarta Despite criticism, the Jakarta city administration has officially launched an operation against illegal migrants in an effort to curb urbanization.

THRIFT CAMPAIGN: State Minister of Research and Technology Hatta

THRIFT CAMPAIGN: State Minister of Research and Technology Hatta Radjasa (extreme right), State Minister of Administrative Reforms Feisal Tamin (second from right), Minister of Finance Boediono (third from right), State Minister of the Environment Nabiel Makarim (fourth from right), State Minister...

Special team seeks bomb suspect

Special team seeks bomb suspect JAKARTA: Police said on Thursday that a 123 member antiterrorist bomb squad had been formed to track down Tarmizi, 21, one of the main suspects in the New Year's Day grenade blast on Jl. Bulungan, South Jakarta."The squad, led by Adj. Sr. Comr.

Protesters demand expulsion of activist

Protesters demand expulsion of activistFadli, The Jakarta Post, Batam Around 1,000 protesters marched outside the Batam mayor's office in Riau on Thursday, demanding that an independent labor leader be evicted from the island, known for its industry, following a recent rally he had led to oppose...

100 detained after Cirebon brawl

100 detained after Cirebon brawl CIREBON, West Java: At least 100 people have been rounded up for their involvement in a mass brawl between two villages in Cirebon, West Java, local police said on Thursday.

JP/2/KODAM

JP/2/KODAMMega bows to military, allows Aceh commandThe Jakarta Post JakartaCoordinating Minister for Political and Security Affairs Susilo Bambang Yudhoyono said in Jakarta on Thursday that President Megawati Soekarnoputri will issue a decision on the reestablishment of the military command in...

The Free Aceh Movement (GAM) will accept the special autonomy law

The Free Aceh Movement (GAM) will accept the special autonomy law after all Acehnese have an opportunity to express their stance toward the law through a free and democratic referendum, monitored by international organization.

2. Century -- Day the 21st century began

2. Century -- Day the 21st century began2 X 32 36 pt Bodoni Sept. 11 terrorism in NY and DC marks the opening of new century It should be noted, however, that Sept. 11 could mark the opening chapter of the new century if the global community found a ray of light in its struggle to establish a new...

'Car prices could drop following implementation of AFTA'

'Car prices could drop following implementation of AFTA'Adianto P.Simamora, The Jakarta Post, Jakarta Car prices on the domestic market could drop this year following the implementation of the ASEAN free trade area scheme (AFTA), the country's car association said Thursday.

The face of Islam

The face of Islam Looking at stories about Islam in Indonesia (and just for the sake of argument, let's take CNN's coverage as an example), the outside world could be forgiven for thinking that the long-held image of tolerant, peace-loving and moderate Muslims in Indonesia no longer reflected...

Floods hit Sumatra rubber factories, plantations

Floods hit Sumatra rubber factories, plantationsGrace Nirang, Reuters, Jakarta Floods have inundated some rubber factories and plantations in Indonesia's top rubber growing area of North Sumatra, destroying stocks and disrupting supplies, industry sources said on Thursday.

Questioning of ill-fated train driver goes on

Questioning of ill-fated train driver goes onorProbe into deadly train crash presses onNana Rukmana The Jakarta Post Brebes Police continued their questioning of the driver of the Empu Jaya train on Wednesday, after he was named as the possible culprit in last month's train crash that killed 30...

'Controversial firm' advises IBRA on BCA

'Controversial firm' advises IBRA on BCABerni K. Moestafa, The Jakarta Post, Jakarta Consultancy firm Deloitte & Touche, which advised the Indonesian Bank Restructuring Agency (IBRA) on the controversial sale of a former Salim Group company, PT Indomobil Sukses Internasional, has resurfaced as...

targets Actual

targets Actual GDP growth 3.5% 3.5% Inflation 9-10% 12.5% Budget deficit 3.7% 3.7% BI benchmark rate 15.0% 16.2% Rupiah vs US$ Rp 9,600 Rp 10,256

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Stone Lithographs and Paintings by Ken Pattern, Koi Galeri/Restoran Jl Mahakam I/2 (Tel: 722 2864), 11 a.m. to 11 p.m. until Jan. 31. * Painting Menjemput Impian by Damay, Yaqub Elka, Zeita Gallery, Jl. Kemang Timur no. 71, South Jakarta, 10 a.m. to 8 p.m.

JP/11/Deloitte

JP/11/Deloitte Berni K. Moestafa The Jakarta Post Jakarta Consultancy firm Deloitte & Touche, which advised the Indonesian Bank Restructuring Agency (IBRA) on the controversial sale of a former Salim Group company, PT Indomobil Sukses Internasional, has resurfaced as IBRA's consultant for the high-...

Implementation of Islamic law in Aceh met coolly

Implementation of Islamic law in Aceh met coollyIbnu Mat Nur, The Jakarta Post, Banda Aceh Syariah (Islamic law) has officially been implemented in the province of Aceh or Nanggroe Aceh Darussalam since the beginning of 2002, but Acehnese leaders expressed pessimism on Thursday about the...