Indonesian Political, Business & Finance News

Archive: 14 February 2002

74 articles found

1. Duit (2 x 24)

1. Duit (2 x 24) Asian currencies mixed late, unruffled by yen's pullback 2. Oil (1 x 32) Trading plays doubts over Brent 3. Gold (1 x 24) Gold lower on selling pressure 4. RI to lobby India on CPO

Talent, following the norm not everything

Talent, following the norm not everythingSri Wahyuni, The Jakarta Post, Magelang, Central Java Two painters, Nashar and Batara Lubis, have proven that talent and "obedience" for mainstream art are not everything.

40 haj pilgrims dead in road crash

40 haj pilgrims dead in road crashSAUDI ARABIA: Forty pilgrims traveling by bus from the United Arab Emirates to Mecca for the annual haj pilgrimage were killed Wednesday in a road accident in eastern Saudi Arabia, the official SPA news agency reported.

KONI boss assures of funds for Asiad trip

KONI boss assures of funds for Asiad tripMusthofid, The Jakarta Post, Jakarta Amid a potentially straining prospect of the fund-raising campaign for the 2002 Asian Games, the man at the helm of the National Sports Council (KONI) has offered his assurance about the fund availability.

RI and Malaysia to revise MoU on migrant workers

RI and Malaysia to revise MoU on migrant workersAnnastashya Emmanuelle, The Jakarta Post, Jakarta Although the Malaysian government has agreed to continue accepting Indonesian workers, future recruitment should be based on a government-to-government basis and not rely solely on recruiting agents,...

Rio Tinto says will withold investment in Indonesia

Rio Tinto says will withold investment in IndonesiaAlex Wilson, The Jakarta Post, Jakarta Anglo-Australian mining giant Rio Tinto will not make significant investments in Indonesia until uncertainties over regional autonomy and mining legislation are resolved, according to Indonesian CEO Lex Graefe.

Japan extends US$261,681 in aid

Japan extends US$261,681 in aid SURABAYA: The Japanese government has extended US$261,681 in aid for developing several projects in East Java and East Nusa Tenggara.The assistance was handed over by Japanese Consul General in Surabaya Minoru Ishida on Wednesday.

Hundreds of school buildings damaged by floods: Agency

Hundreds of school buildings damaged by floods: AgencyAhmad Junaidi, The Jakarta Post, Jakarta A total of 802 schools have been damaged and over 180,000 students have had their schooling disrupted despite the upcoming second term examination on Feb. 25 as a result of ongoing floods in the capital.

Bali sculptor finds expression with wood

Bali sculptor finds expression with woodWayan Sunarta, Contributor, Ubud, Bali Misshapen wooden faces and strange creatures abound in Galeri Sembilan in Ubud. They are the works of aspiring artist I Ketut Muja.

UGM not the oldest

UGM not the oldest In a report published by The Jakarta Post on Feb. 9, on Australian Prime Minister John Howard's visit to Yogyakarta, it is mentioned that Gadjah Mada University (UGM) is the oldest university in Indonesia.

Desperate elephants attack villagers in North Sumatra

Desperate elephants attack villagers in North SumatraApriadi Gunawan, The Jakarta Post, Medan As the world-famous Gunung Leuser National Park suffers from a continuous logging onslaught, at least 13 rare jungle elephants have been forced from the jungle, causing chaos in local villages.

Jasa Marga to raise Rp 400 billion in bonds

Jasa Marga to raise Rp 400 billion in bondsThe Jakarta Post, Jakarta State-owned toll operator PT Jasa Marga plans to issue Rp 400 billion (about US$39 million) worth of bonds to finance the construction of vital toll roads, including the link between the West Java towns of Cikampek and Padalarang.

Korean airlines service

Korean airlines service As a recent expat arrival to Indonesia, I tend to listen more than talk when confronted with an unpleasant situation in the business sector. However, I do not extend this courtesy to the international airlines.

Korean trade minister to visit Indonesia

Korean trade minister to visit IndonesiaThe Jakarta Post, Jakarta South Korean Trade Minister Hwang Doo-Yun is scheduled to visit Indonesia on Feb. 17 - 19 in an effort to help strengthen economic cooperation between the two countries, according to a statement from the South Korean Embassy.

Ford to launch new models in RI

Ford to launch new models in RI PT Ford Motor Indonesia, the country's sole agent for the U.S.-based car maker Ford Motor Company, said it would launch a number of new models this year to strengthen and expand its business in the Indonesian market.

Indonesian military officials in Yangon: The Indonesian defense

Indonesian military officials in Yangon: The Indonesian defense ministry's Lt. Gen. Johny Lumintang held talks in Yangon on Wednesday with senior officials of Myanmar's ruling military regime, state-run media reported.

In search of lasting peace in war-torn Maluku

In search of lasting peace in war-torn MalukuThe following is the executive summary of research results on Maluku from the website of the Jakarta office of the Brussels- based International Crisis Group, dated Feb. 8 before the government-sponsored peace talks in Malino, Central Sulawesi.

BIN doubts validity of terror report

BIN doubts validity of terror reportYogita Tahilramani, The Jakarta Post, Jakarta State Intelligence Agency (BIN) chief AM Hendropriyono questioned on Wednesday the validity of a document on planned terrorist attacks in the capitals of three Southeast Asian countries.

BI's rate up for fear of inflation

BI's rate up for fear of inflation Bank Indonesia's one-month promissory notes stood at 16.92 percent at Wednesday's weekly auction, or a slight increase on last week's rate of 16.91 percent, Bank Indonesia said.

KPKPN still undecided on collusion and nepotism

KPKPN still undecided on collusion and nepotismTiarma Siboro, The Jakarta Post, Jakarta The country's campaign for a clean and accountable government remains on hold after the State Official Wealth Audit Commission (KPKPN) admitted on Wednesday that it was still searching for a legal basis to fight...

Wiranto sues UI sociologist

Wiranto sues UI sociologist JAKARTA: For the second time, former Indonesian Military (TNI) chief Gen. (ret) Wiranto and three generals sued University of Indonesia sociologist Thamrin Amal Tomagola at the Cibinong District Court on Wednesday.

Navy battles crime Medan

Navy battles crime MedanApriadi Gunawan, The Jakarta Post, Belawan The Navy has announced that it will continue its two-year drive against the increasing smuggling, piracy and illegal fishing off the eastern part of North Sumatra.

Influential religious groups reject 'syariah' adoption

Influential religious groups reject 'syariah' adoptionA'an Suryana, The Jakarta Post, Jakarta All mainstream religious groups in Indonesia have suggested that the People's Consultative Assembly (MPR) retain Article 29 of the 1945 Constitution in its present form, on the grounds that it has done an...

Basic commodity prices remain high in Jakarta

Basic commodity prices remain high in JakartaDamar Harsanto, The Jakarta Post, Jakarta The price of staple foods in several markets in the capital was still high in the wake of the recent floods, triggering many eateries to raise the price of their meals.

S. Korea to grow in 2002: IMF

S. Korea to grow in 2002: IMFReuters, Washington The International Monetary Fund on Tuesday said South Korea's economy will grow this year, but that uncertainties remain for the short-term and reforms are still needed to ensure sustained growth ahead.

Bomb blasts hit Ambon: Just 24 hours after a peace accord was

Bomb blasts hit Ambon: Just 24 hours after a peace accord was signed to end three years of communal conflict in Maluku, two bombs exploded near a hotel in the province's capital Ambon on Wednesday night. Nobody was killed in the incident as the explosives hit remains of houses, Antara reported.

Chronology of major incidents and peace efforts in Maluku

Chronology of major incidents and peace efforts in MalukuJan. 19, 1999: The beating of a Christian passenger by a group of bus crew members in Batu Merah in Ambon triggers a mass brawl.March 9, 1999: A military special team meets the reconciliation team, both agreeing that building a feeling of...

Minister told to butt out

Minister told to butt out JAKARTA: A number of legislators have urged Religious Affairs Minister Said Agil Husin Al Munawar to drop his plans to handle the issuance of halal certificates for both imported and domestic products, saying it would only encourage manipulation and new corruption,...

Golkar leaders to be summoned over Gafur scandal

Golkar leaders to be summoned over Gafur scandalYogita Tahil Ramani The Jakarta Post JakartaPolice will likely summon two senior Golkar Party leaders for questioning as witnesses in the bribery scandal involving North Maluku Governor-elect Abdul Gafur. National Police spokesman Insp. Gen.

EXECUTIVE SUMMARY AND RECOMMENDATIONS

EXECUTIVE SUMMARY AND RECOMMENDATIONS The following is the executive summary of research results on Maluku from the website of the Jakarta office of the Brussels- based International Crisis Group, dated Feb. 8 before the government-sponsored peace talks in Malino, Central Sulawesi.

Police arrests 105 criminals

Police arrests 105 criminals JAKARTA: The Jakarta Police have arrested 105 criminals in an operation staged between Jan. 23 and Feb. 11. Detective chief Sr. Comr. Bambang Hendarso Danuri said on Wednesday the criminals were involved in 76 street crimes including pickpocketing, extortion and robbery.

RI to lobby India to lower CPO import tarrif

RI to lobby India to lower CPO import tarrifThe Jakarta Post, Jakarta Minister of Industry and Trade Rini M. Soewandi said that the government would lobby India to lower its high import tariff on crude palm oil (CPO) by 10 percent to help boost the competitiveness of the commodity in the lucrative...

[b]

Treatment of workers inhumane despite profits to Malaysia, RI or Workers treated inhumanely despite profits to Malaysia, RI or Indonesian workers treated inhumanely in Malaysia Eddy Purwanto Consortium for the Defense of Indonesian Migrant Workers (KOPBUMI) Jakarta 2.

* Headlines: Groups reject amendment of Article 29 2

* Headlines: Groups reject amendment of Article 29 2* Opinion: Unregistered workers benefit Malaysia, RI 4* City: Minister to send guilty developers to prison 6* Archipelago: Yogyakarta legislators in hot seat over bribes7 * National: KPKPN still undecided on collusion, nepotism 8* World: EU, OIC...

Further delay of BCA sale unwarranted

Further delay of BCA sale unwarrantedRiyadi Suparno The Jakarta Post Jakarta The sale of the government's controlling stake in Bank Central Asia (BCA) has again hit a snag, with sudden opposition from inside the Cabinet.

Hope in Maluku

Hope in Maluku Skeptics may question how long the latest Maluku peace agreement, which was signed by Muslim and Christian representatives in the South Sulawesi hill town of Malino on Tuesday, will really hold.

Regional autonomy may hinder Jakarta's action against floods

Regional autonomy may hinder Jakarta's action against floodsBambang Nurbianto and Rendi A. Witular, The Jakarta Post, Jakarta The Jakarta administration is unable to make comprehensive decisions to handle the flood problems alone because the main rivers in the city originate in the hills of West...

Floodwaters rise again in Tangerang

Floodwaters rise again in TangerangMulta Fidrus, The Jakarta Post, Tangerang Floods again hit Tangerang on Wednesday following heavy rains that drenched the city over the past two days.Part of the Jakarta-Tangerang toll road was also inundated with water levels reaching 30 centimeters near the...

Spotlight

SpotlightPhoto A: KadinKadinTRADE DEAL: Tony Agus Ardi (left), president of the U.S. Committee of the Indonesian Chamber of Commerce and Industry, and Daniel S.Emerson, president of the Indonesia-Indiana Alliance, sign a cooperation agreement to develop small businesses.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in Rupiah) on Feb. 13, 2002 Shares Close Change Trading Volume ---------------------------------------------------- Ades Alfindo 1,150 0 55,000 Adindo Foresta 65 0 0 AGIS 120 0 50,500 Akbar Indo Makmur 250 0 0 Alakasa 235 0 0 Alfa...

Amien seeks fair solution to comfort women issue

Amien seeks fair solution to comfort women issueTertiani ZB Simanjuntak, The Jakarta Post, Jakarta People's Consultative Assembly (MPR) Speaker Amien Rais called on Wednesday for a fair and prudent solution to the comfort women issue, saying that the matter was one of the dark periods in the...

RP, U.S. approve terms of military exercise

RP, U.S. approve terms of military exerciseAgencies, Manila The Philippines and the United States on Wednesday approved the rules covering a controversial military exercise aimed at improving the Philippine military's anti-terrorism capability.

Alwi's PKB ready to change name

Alwi's PKB ready to change nameThe Jakarta Post, Jakarta The National Awakening Party (PKB) under Alwi Shihab announced on Wednesday a plan to change its name in anticipation of a long and energy-sapping legal battle with its splinter group led by Matori Abdul Djalil.

Military Police gambling ring causes riot

Military Police gambling ring causes riot TANGERANG: About 200 angry gamblers attacked and destroyed Sgt. Maj. Jupri's house on Jl. Jati, Jatiuwung, Tangerang, on Tuesday night after the Military Police officer failed to pay off the winners in an illegal numbers racket that the Army personnel runs.

Fishermen complain about double levies

Fishermen complain about double leviesKurniawan Hari, The Jakarta Post, Jakarta Confusing articles in the law on Regional Administration and the absence of implementation guidelines have cost the country's fishing industry dearly, as its members have been forced to pay levies both to regional...

Malaysia, RI profit from Indonesian illegal workers

Malaysia, RI profit from Indonesian illegal workersEddy Purwanto, Consortium for the Defense of Indonesian Migrant Workers, Jakarta; Yos Soetiyoso, Institute for the Study and Development of Community Self-Support, Yogyakarta Problems related to Indonesian migrant workers continue to arise.

Pertamina to speed up change

Pertamina to speed up changeThe Jakarta Post, Jakarta State-owned oil and gas company Pertamina president Baihaki Hakim said on Wednesday that Pertamina was expected to become a limited liability company in early 2003, sooner than the expected November 2003.

Davis Cup members into Cigna third round

Davis Cup members into Cigna third roundMusthofid, The Jakarta Post, Jakarta Davis Cup squad members marched to the third round as the Cigna Open tennis championship took its toll in the women's singles seeds at the Hilton Executive Club Hardcourts on Wednesday.

Flood returns, victims back again to temporary shelters

Flood returns, victims back again to temporary sheltersAhmad Junaidi, The Jakarta Post, Jakarta Thousands of Jakarta's flood victims, and in particular those living on the banks of Ciliwung River, were given no respite on Wednesday as floods returned to swamp their houses.

Driver charged with stealing Rp 600m

Driver charged with stealing Rp 600m BANYUMAS, Central Java: A 43-year-old driver working for Bank Rakyat Indonesia's (BRI) Banjarnegara branch in Central Java was arrested on Tuesday after a 12-day manhunt after he fled with 600 million of customers' money.Banyumas police chief Sr. Comr. R.

Chinese celebrate New year in Balinese style

Chinese celebrate New year in Balinese styleRita A.Widiadana, The Jakarta Post, Denpasar As the Year of the Horse arrived last Tuesday, thousands of Chinese residents flocked to Chinese temples across Bali hoping for blessings for the new year.The night was cloudy but the rain failed to eventuate.

Firms accused of damaging forests

Firms accused of damaging forests PALU, Central Sulawesi: Environmentalists have accused some plantation and forestry companies here of damaging hundreds of thousands of hectares of forests across Banggai regency.

Further delay of BCA sale unwarranted

Further delay of BCA sale unwarrantedRiyadi Suparno, The Jakarta Post, Jakarta The sale of the government's controlling stake in Bank Central Asia (BCA) has again hit a snag, with sudden opposition from inside the Cabinet.

4 x 8

4 x 8 Yogyakarta legislators in hot seat over bribes gajah2 x 25 Desperate elephants attack villagers in North Sumatra Belawan1 x 29 Navy battles crime off Medan kuli2 x 30 Port laborer's value is only Rp 2.6 per kilogram in Batam

Seaport laborer's value is only Rp 2.6 per kilogram in Batam

Seaport laborer's value is only Rp 2.6 per kilogram in BatamFadli, The Jakarta Post, Batam Across from the bustling Batu Ampar port in Nagoya on Batam island one can often see the pristine skyscrapers of Singapore, which is only 20 kilometers away and reachable in 45 minutes by ferry.

Yogyakarta legislators in hot seat over bribes

Yogyakarta legislators in hot seat over bribesAsip A. Hasani, The Jakarta Post, Yogyakarta Dozens of activists blocked the entrance gate of Yogyakarta's provincial legislative council (DPRD) on Wednesday in a protest against two corruption scandals that they believe directly implicate local...

Rupiah Rates Feb. 13

Rupiah Rates Feb. 13 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S. dollar 1 10,666.00 9,666.00 10,217.00 10,115.00Australian dollar 1 5,436.46 4,921.93 5,207.60 5,150.56Brunei dollar 1 5,836.39 5,286.30 5,590.70 5,531.86Canadian dollar 1 6,702.70 6,070.46 6,420.54 6,352.

Minister to send guilty developers to prison

Minister to send guilty developers to prisonBambang Nurbianto, The Jakarta Post, Jakarta Many developers have violated a law requiring them to set aside 40 percent of the space covered by housing projects for public and social facilities such as green areas for parks.

Power plant projects to resume: Official

Power plant projects to resume: OfficialMoch N. Kurniawan, The Jakarta Post, Jakarta The government is considering allowing up to seven independent power producers (IPPs) to resume the development of power plants which were halted in the wake of the country's 1997 financial crisis.

Govt provides Rp 128b for victims

Govt provides Rp 128b for victims JAKARTA: The Ministry of Health has allocated Rp 128 billion for disaster relief in 2002, secretary-general Dadi S. Argadiredja said on Wednesday."The funds will go to 20 provinces, where flood victims and around 1.

Ford to launch new models in RI

Ford to launch new models in RI PT Ford Motor Indonesia, the country's sole agent for the U.S.-based car maker Ford Motor Company, said it would launch a number of new models this year to strengthen and expand its business in the Indonesian market.

AAUI to clarify 'all risks' clauses

AAUI to clarify 'all risks' clausesFitri Wulandari, The Jakarta Post, Jakarta The Association of Indonesian General Insurance (AAUI) has promised to hold talks with the Council of Indonesia Insurance (DAI) to redefine the term 'all risks' as it relates to insurance policies in a bid to clear up...

Govt urged to form special force for Maluku

Govt urged to form special force for MalukuJupriadi, The Jakarta Post, Malino Chairmen of opposing delegations from Maluku asked the government to form a joint special security force, comprising both the Indonesian Military (TNI) and the National Police, to ensure that the Malino peace accord is...

Tatas complete buy of VSNL

Tatas complete buy of VSNL BOMBAY: The powerful Tata group acquired a 25 percent stake in India's monopoly overseas phone service provider on Wednesday, gaining a firm foothold in the country's fast-growing telecom market.

Flood-related illnesses kill 15 in capital city

Flood-related illnesses kill 15 in capital cityMuninggar Sri Saraswati, The Jakarta Post, Jakarta The death toll of flood victims killed by diarrhea and other flood-related ailments around the city increased to at least 15 on Wednesday amid public ignorance about the illnesses.

Law enforcement most vital step for Maluku

Law enforcement most vital step for MalukuYogita Tahilramani, The Jakarta Post, Jakarta Stricter law enforcement through the disarmament of militant groups from the two warring factions -- Muslim and Christian -- in the strife-torn province of Maluku is badly needed to help stop the three-year...

Different orbits

Different orbits Vehemently arguing that Indonesia is predominantly a Muslim country and the current moral crisis can only be solved through Islamic law, some people have insisted on incorporating syariah into the Constitution since the downfall of the New Order regime.

On environment and city planning

On environment and city planning The permit for Pantai Indah Kapuk (PIK) -- a luxury housing estate in Hutan Angke Kapuk, West Jakarta -- is going to be reviewed by an independent panel, which will be soon be formed by the Jakarta Governor, Sutiyoso.

Officials warn of spewing Merapi

Officials warn of spewing Merapi The Volcanology Development and Investigation Agency in Yogyakarta warned the people in the area to stay alert with regard to Mount Merapi which often becomes more active during the rainy season.

Intelligence chief urges quick decision on debt extension plan

Intelligence chief urges quick decision on debt extension planBerni K. Moestafa, The Jakarta Post, Jakarta Chief of the State Intelligence Agency (BIN), Hendropriyono urged the government to immediately finalize the revision of a controversial debt payment extension plan, warning indecisiveness...

2nd pilgrimage not obligatory

2nd pilgrimage not obligatoryFrom KompasIn my opinion the Attorney General should end the confusion and immediately issue a letter prohibiting House of Representatives Speaker Akbar Tandjung Representatives, from going abroad for his second pilgrimage to Mecca, because he has already fulfilled his...

Where to go in Bali:

Where to go in Bali:Exhibitions* Painting by I Wayan Gede Susana, Hide Out Fine Art Gallery, Jl. Raya Ubud, until Feb. 28. * Sculpture Contemplation by Ketut Muja, Galeri 9, Ubud, until Feb. 15. * Painting The Dance, the Dancer by Barbara Anello, The Chedi (Tel.

'Newsweek' to be banned in KL

'Newsweek' to be banned in KL MALAYSIA: Kuala Lumpur will ban an issue of Newsweek magazine showing an image of the Prophet Mohammad, Deputy Prime Minister Abdullah Badawi said on Wednesday, joining a chorus of regional protests.Answering questions about the magazine's Feb.

Villagers block Caltex road

Villagers block Caltex roadThe Jakarta Post, Jakarta Residents of the village of Jurang, Rokan Hulu regency, Riau have blocked the main access road to an oil field owned by American PT Caltex Pacific Indonesia, according to a company senior executive.Caltex spokesman Poedyo W.