Indonesian Political, Business & Finance News

Archive: 15 February 2002

83 articles found

PLN shuts down 154 substations

PLN shuts down 154 substations JAKARTA: The state-owned electricity company PT PLN's Jakarta and Tangerang Distribution Unit has switched off 154 electrical substations following flooding over the last two days.On Monday, PLN announced that 97 substations had been shut down.

300 workers ask for severance pay

300 workers ask for severance pay TANGERANG: Some 300 workers, who were dismissed by PT Koinus Jaya Garment last December, held a rally to protest against their dismissal and ask for severance pay at the Tangerang municipal administration office on Thursday.

Pertamina finds oil in West Java

Pertamina finds oil in West Java JAKARTA :State oil and gas firm Pertamina announced on Thursday the discovery of an oil and gas reserve in Subang regency, West Java province.Pertamina said in a statement that the reserve was found after the company's exploratory drilling at the Tunggul Maung No.

DJ Asian Currencies Mostly Up Late On Yen, Stock Mkt Gains

DJ Asian Currencies Mostly Up Late On Yen, Stock Mkt Gains Dow Jones Singapore Most Asian currencies basked in the glow of the yen's bounce and Wall Street-inspired gains in the region's stock markets, dealers said.

Wastebasket

Wastebasket The dictionary defines a waste basket as a basket or other container for discarded waste materials. But it can also mean a place where you can express your complaints, criticisms, protests, grudges and accusations.When President Megawati Soekarnoputri on Feb.

Dance party to blow cobwebs from National Museum

Dance party to blow cobwebs from National MuseumCameron Bates, Contributor, Jakarta Worn Borobodur statuettes and Batak buffalo-horn modeled house replicas crowding Indonesia's National Museum will tonight (Friday) make way for 45,000 watts of the latest in live dance music from England -- and the...

Textile and garment exports (US$ million)

Textile and garment exports (US$ million) 1995 1996 1997 1998 1999 2000 2001* Textiles 2,713 2,834 2,257 2,360 3,020 3,504 1,914 Garments 3,376 3,591 2,903 2,630 3,857 4,734 2,860 Total 6,089 6,425 5,160 4,990 6,877 8,238 4,774 *Jan-July period Source: BPS

U.S. military to launch war on terrorism in RP

U.S. military to launch war on terrorism in RPAgencies, Zamboanga, Philippines The commander in chief of U.S. special forces met his troops in the southern Philippines on Thursday, 72 hours before the United States opens a second front in its global war on terror.U.S. Air Force Gen.

Uncontrolled erosion deplored

Uncontrolled erosion deploredThe Jakarta Post, Jakarta Last year nearly 200 tons of land per hectare was washed away in the Bogor and Cianjur regencies, which serve as water catchment areas for Jakarta.

Diana continues to oust seeds in Cigna Open

Diana continues to oust seeds in Cigna OpenMusthofid, The Jakarta Post, Jakarta Giant-killer Diana Julianto continued her winning form by beating Mudarwati at the Rp 60 million (US$5,890) Cigna Open on Thursday, as threats of rain disrupting the tournament prompted organizers to turn to Kemayoran...

Disarm militias, flush out military, says Maluku expert

Disarm militias, flush out military, says Maluku expertYogita Tahilramani, The Jakarta Post, Jakarta Flushing out military and police deserters while disarming warring militant groups in strife-torn Maluku should be the first steps in bringing an end to the three-year-old sectarian conflict in the...

Test on BCA bidders to be completed next week: BI

Test on BCA bidders to be completed next week: BIThe Jakarta Post, Jakarta Bank Indonesia Governor Sjahril Sabirin said on Thursday that the fit and proper test on the four bidders of the government's 51 percent stake in the giant Bank Central Asia (BCA) would be completed next week.

Asian currencies up late on yen

Asian currencies up late on yenDow Jones, Singapore Most Asian currencies basked in the glow of the yen's bounce and Wall Street-inspired gains in the region's stock markets, dealers said.The yen found support from talk of Japanese investors repatriating offshore assets before the end of the fiscal...

Rupiah Rates Feb. 14

Rupiah Rates Feb. 14 Banknote Rates TT rates Selling Buying Selling Buying U.S dollar 1 10,753.00 9,753.00 10,304.00 10,202.00 Australian dollar 1 5,525.97 5,007.19 5,295.23 5,237.71 Brunei dollar 1 5,880.78 5,330.96 5,635.22 5,576.39 Canadian dollar 1 6,767.15 6,133.96 6,484.58 6,416.

Royal Doulton to shift jobs to Indonesia

Royal Doulton to shift jobs to IndonesiaAssociated Press, London Royal Doulton PLC will shift more production from Britain to Indonesia and cut its global work force by one-fifth, the china and glassware company said Wednesday.

Students go to class hungry no books and uniforms

Students go to class hungry no books and uniformsDamar Harsanto, The Jakarta Post, Jakarta Many students are being forced to study in appalling conditions due to the recent floods that inundated their schools, while many others have been prevented from attending classes because their schools are...

Aid for flood victims to decreases: Sutiyoso

Aid for flood victims to decreases: SutiyosoAhmad Junaidi, The Jakarta Post, Jakarta The return of the floods have made flood victims increasingly worried specially as they are still in desperate need of food, medicine and clothing.

[b]

U.S. sees RI making progress in curbing piracy

Disaster after disaster

Disaster after disaster Let us contemplate the flood calamities that have happened due to lack of consideration and foresight. All of these cases could have been avoided if people would plan ahead: 1. Catastrophic floods caused by the absence of water catchment areas and dwelling in unsuitable...

Japanese artist experiments with maestro's finest works

Japanese artist experiments with maestro's finest worksSusi Andrini, Contributor, Ubud, Bali For many Indonesian art lovers, the name Yasumasa Morimura is not a familiar name. But in Japan, the artist has carved out a reputation as one of the most talented contemporary artists, expressing his art...

Moral recovery should begin from the top

Moral recovery should begin from the topA'an Suryana, The Jakarta Post, Jakarta Ethics expert Sonny Keraf said on Thursday that the nation's efforts to emerge from the prevailing moral crisis should start with the leaders in society.

15 East Timorese refugees die from diseases in Kupang

15 East Timorese refugees die from diseases in KupangYemris Fointuna, The Jakarta Post, Jakarta Thousands of East Timorese refugees are suffering from various diseases, such as diarrhea, malaria, skin irritations and respiratory problems at their makeshift camps in East Nusa Tenggara, which have...

Losing shine amid drop in overseas demand

Losing shine amid drop in overseas demand Still in difficult positionHendarsyah Tarmizi The Jakarta Post Jakarta The textile industry, once considered the economy's most promising sector, is losing its shine.

Protests greet Maluku negotiators

Protests greet Maluku negotiatorsJupriadi and Annastashya Emmanuelle, The Jakarta Post, Jakarta/Makassar The peace accord for Maluku signed in Malino, Central Sulawesi on Feb. 12, 2001 was tested once again as protesters greeted the delegates upon their return in Ambon, the Maluku provincial...

People are more burdensome

People are more burdensomeFrom Warta Kota "Clever people are subsidized, our children are malnourished," sings singer Iwan Fals in one of his songs. This line aptly reflects the social conditions prevailing in this country at present.

Indosat to sell stakes in MGTI

Indosat to sell stakes in MGTIThe Jakarta Post, Jakarta Following the annulment of a cross ownership deal with state- owned PT Telekomunikasi Indonesia (PT Telkom), PT Indosat, also a state-owned enterprise, is seeking to sell its 30.

Old and new maximum air ticket prices

Old and new maximum air ticket prices Selected Routes Distance INACA Rates Govt Rates %Change Celing, 6/2001 Ceiling, 2002 (km) (in Rupiah) (in Rupiah) Denpasar - Jakarta 1,079 - 971,000 - Jakarta - Yogyakarta 509 550,000 560,000 1.82 Jakarta - Pangkalpinang 504 544,000 554,000 1.

Telkom and Pramindo seal $425m buyout deal

Telkom and Pramindo seal $425m buyout dealThe Jakarta Post, Jakarta After more than ten months of negotiations, state-owned telecommunications company PT Telekomunikasi Indonesia (Telkom) said it had struck a buyout deal with its Sumatra joint operation scheme (KSO) partner PT Pramindo Ikat...

'Claudia' causes heavy downpour in Bali

'Claudia' causes heavy downpour in BaliRita A. Widiadana, The Jakarta Post, Denpasar Following the recent Cyclone Chris, a new tropical cyclone now called Claudia has started to appear in Northern Australia since Monday causing heavy rains as its negative impacts in East Java, Bali, West and East...

Short but sweet

Short but sweet When a government recalls an ambassador from an overseas posting, there can be only two possibilities for that occasion. Either the ambassador is considered not to be implementing the instructions of superiors, or that he or she is slated to occupy a higher position.

The Jakarta Post

The Jakarta Post Jakarta Following the annulment of a cross ownership deal with state- owned PT Telekomunikasi Indonesia (PT Telkom), PT Indosat, also a state-owned enterprise, is seeking to sell its 30.6 percent stake in the joint venture which operates a fixed-line service in Central Java.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in Rupiah) on Feb. 14, 2002 Shares Close Change Trading Volume -------------------------------------------------- Ades Alfindo 1,150 0 48,500 Adindo Foresta 65 0 0 AGIS 120 0 267,500 Akbar Indo Makmur 245 -5 2,500 Alakasa 235 0 0...

3,700 troops, police get psychiatric tests in Poso

3,700 troops, police get psychiatric tests in PosoErick W., The Jakarta Poso, Palu Some 3,700 security personnel deployed to keep the peace in the former strife-torn Central Sulawesi regency of Poso have been undergoing examinations since December 2001 to ascertain their psychiatric state of health.

RI car sales top 26,000 units

RI car sales top 26,000 units JAKARTA: Domestic vehicle sales reached 26,056 units in January, according to the Association of Indonesian Automotive Industries (Gaikindo).The association said in a statement that of the total sales, 22,822 units were sold on the domestic market, while 3,234 units...

U.S. sees RI making progress in curbing piracy

U.S. sees RI making progress in curbing piracyAdianto P. Simamora, The Jakarta Post, Jakarta The U.S. government acknowledges that Indonesia has been making significant progress in the protection of intellectual property rights although the country remains on a watch list, according to Minister of...

Many small lakes ignored, erased from city maps

Many small lakes ignored, erased from city mapsBambang Nurbianto, The Jakarta Post, Jakarta There are about 200 small lakes that function as water catchment areas in Greater Jakarta, but most of them have been damaged and some disappeared.

Compensation funds 'miss the target'

Compensation funds 'miss the target'Tertiani ZB Simanjuntak, The Jakarta Post, Jakarta A coalition of nongovernmental organizations has found that 75 percent of the state funds saved from lowering fuel subsidies last year missed the target.

1. School : 4x12

1. School : 4x12 Students take lessons hungry, no shoes, uniforms, books 2. Situ - 2x24 Many small lakes ignored, erased from city maps 3. Funds - 2x20 Aid for flood victims to decrease: Sutiyoso 3. Bopunjur - 1x 30 Uncontrolled erosion deplored

Megawati urges military to respect laws, human rights

Megawati urges military to respect laws, human rightsFabiola Desy Unidjaja and Tiarma Siboro, The Jakarta Post, Jakarta President Megawati Soekarnoputri told leaders of the Indonesian Military (TNI) on Thursday to obey the prevailing law in order to restore TNI's tarnished image.

* Headlines: Railway employees threaten to strike 2

* Headlines: Railway employees threaten to strike 2* Opinion: Press faces growing threats to its freedom 4* City: Students go to class hungry 6* Archipelago: 15 East Timor refugees die in Kupang 7 * National: Activists demand revision of citizen laws 8* World: Asians show disapproval of Valentine's...

Papua urges stay in Gag nickel mines

Papua urges stay in Gag nickel mines Irian Jaya or Papua has urged Australia's BHP Billiton to stay in a nickel mine project on the province's Gag Island and asked the government to allow the project, provincial governor Jacob Soloussa said on Thursday.

'Ca-Bau-Kan', a promising director's debut

'Ca-Bau-Kan', a promising director's debutTantri Yuliandini, The Jakarta Post, Jakarta When a book is adapted into a movie, one naturally raises the question: Will the film stay true to the book?And the movie Ca-Bau-Kan, which is based on Remy Sylado's novel of the same title, stays true to the...

Aid for flood victims decreases

Aid for flood victims decreasesAhmad Junaidi The Jakarta Post Jakarta The return of the floods have made flood victims increasingly worried specially as they are still in desperate need of food, medicine and clothing.

Papuans suffer food price rises

Papuans suffer food price risesR.K. Nugroho, The Jakarta Post, Jayapura The prices of basic foods in the Irian Jaya regency of Jayawijaya have risen sharply due the lack of regular aircraft transporting the essential commodities to the town's capital city of Wamena from Jayapura.

Mount Merapi erupts again, lava flows

Mount Merapi erupts again, lava flowsTarko Sudiarno, The Jakarta Post, Yogyakarta Mount Merapi, an active volcano located on the border of Yogyakarta and Central Java, spewed forth lava and steam again on Wednesday night. But there were no fatalities or damage reported.

Pine forest to become tourist resort

Pine forest to become tourist resort MUARA TEWEH, Central Kalimantan: The pine forest located in Melayu village in North Barito regency will soon be turned into a tourist resort.Muhammad Wa'il, a spokesman for the city administration, said on Thursday that besides developing the area into an...

Uluwatu temple struck by lightning

Uluwatu temple struck by lightning DENPASAR, Bali: Despite being equipped with a lightning amulet, a holy three-story structure in the Luhur Uluwatu temple in the southern peninsula of Bali Island was struck by lightning during recent heavy downpours.

JP;

JP; ANPAf..r.. Rupiah-rate Rupiah Rates Feb. 14 JP/ / Rupiah Rates Feb. 14 Banknote Rates TT rates Selling Buying Selling Buying U.S dollar 10,753.00 9,753.00 10,304.00 10,202.00 Australian dollar 5,525.97 5,007.19 5,295.23 5,237.71 Brunei dollar 5,880.78 5,330.96 5,635.22 5,576.

CPI may close troubled oil field

CPI may close troubled oil fieldThe Jakarta Post, Jakarta American oil company PT Caltex Pacific Indonesia (CPI) was considering closing its troubled oil field in Jorang, Rokan Hulu Regency, Riau if local residents continued to block the main access road to the field, according to a senior CPI...

Apologies to Korean Airlines

Apologies to Korean Airlines In the Feb. 14 edition of The Jakarta Post, an outdated letter that I wrote regarding Korean Airlines was printed by mistake due to a communication error.This particular issue was settled in mid-January. The General Manager of Korean Airlines, Mr.

RP bank lending recovers in December

RP bank lending recovers in December MANILA: Lending activities in the Philippines banking system perked up in December as non-performing loan levels fell, the central bank said Thursday.A 3.7 percent loan growth from a month earlier to 1.625 billion pesos (US$31.

Two top officials grilled for graft

Two top officials grilled for graft MEDAN: North Sumatra: Local prosecutors have began questioning two civil servants in connection with an alleged scam involving a Rp 900 million fund for school examination programs in the province.

Losing shine as demand sinks

Losing shine as demand sinksHendarsyah Tarmizi and Blontank Poer, The Jakarta Post, Jakarta The textile industry, once considered the economy's most promising sector, is losing its shine. Low demand, internal financial problems and a lack of efficiency have left the industry in a difficult position.

TV Program: Friday, Feb. 15, 2002

TV Program: Friday, Feb. 15, 2002TVRI .tb .30" .90" 5:00 a.m. Religious Teachings6:00 News8:00 Environment8:45 City News10:00 Music10:30 30 Minutes with Anita Rahman11:00 Regional News11:30 Music12:00 p.m.

Airlines allowed to hike ticket prices by up to 20%

Airlines allowed to hike ticket prices by up to 20%Debbie A. Lubis, The Jakarta Post, Jakarta Domestic airlines will be allowed to raise their economy class airfares on certain routes up to 20 percent starting March 1 under new governmental regulations, designed to increase competition for...

Parahyangan train disappointing

Parahyangan train disappointingFrom Media Indonesia At 5 p.m. on Jan. 28, 2002, my wife and child traveled by Parahyangan train from Bandung to Jakarta. Racing against time, my family had only obtained tickets at the normal price without reserved seats.

[b]Press faces growing

Press faces growing threats to its freedomAti Nurbaiti Chairperson Aliance of Independent Journalists (AJI) Jakarta 2. UK cannot ignore its part in the making of Milosevic 1x 30 36 pt UK shares blame for MilosevicHugo Young London

3 x 10

3 x 10 3,700 troops, police get psychiatric tests in Poso menular2 x 19 15 refugees die from disease in Kupang Merapi2 x 20 Mount Merapi erupts again, lava flows crisis1 x 36 Some Papuans suffer food price rises

In Central Java Many producers change profession

In Central Java Many producers change professionBlontank Poer, Correspondent, Semarang The world's economic slowdown and a further decline in overseas orders following the terrorist attacks on the United States on September 11 last year have exacerbated the problems facing the country's textile...

Aid for flood victims decreases

Aid for flood victims decreasesAhmad Junaidi The Jakarta Post Jakarta The return of the floods have made flood victims increasingly worried specially as they are still in desperate need of food, medicine and clothing.

Press faces growing threats to its freedom

Press faces growing threats to its freedomAti Nurbaiti, Chairperson, Alliance of Independent Journalists (AJI), Jakarta Over the past few months, the media community have become increasingly alarmed at the growing tendency, on the part of the government, to regain control of the media.

RI to host environmental summit

RI to host environmental summit JAKARTA: Indonesia will host an international environmental conference with the theme: Sustainable Development Summit in Denpasar, Bali from May 27 through June 7, Minister of Environment Nabiel Makarim said on Thursday.

E. Timorese may get 12-year prison term for killing peacekeeper

E. Timorese may get 12-year prison term for killing peacekeeperMuninggar Sri Saraswati and Tertiani ZB Simanjuntak, The Jakarta Post, Jakarta State prosecutors demanded on Thursday a 12-year jail term for an East Timorese pro-integration militiaman for the alleged killing of a New Zealand...

Desperate Mercantile Club

Desperate Mercantile Club Despite protests, the Mercantile Club of Jakarta, located on the 18th Floor of Wisma BCA building and managed by Hong Kong- based CCA International, has decided, starting from Jan.

Govt policies remain unclear

Govt policies remain unclearFrom Media IndonesiaFlood disasters can technically be caused by high levels of rainfall, the wrong use of land, corrupt policies on development, negligence toward environmental conservation, etc.

Floods victims worried of more wet days

Floods victims worried of more wet daysThe Jakarta Post, Jakarta Jakarta's floodwaters started to recede on Thursday, but the cloudy and rainy day brought with it weariness and gloom for the thousands of its victims.

IITELMIT scheduled for May

IITELMIT scheduled for May JAKARTA: An international exhibition on telecommunications called the International Telecommunications, Media and Information Technology and Exhibition (IITELMIT) will be held from May 7 to May 10 this year in Jakarta, the organizer said.

KAI employees threaten to hold strike

KAI employees threaten to hold strikeYuli Tri Suwarni, The Jakarta Post, Bandung The labor union for the state-owned railway company PT Kereta Api Indonesia (KAI) demanded on Thursday that the company's newly appointed board of directors immediately step down or the employees would hold a general...

JP;

JP; ANPAf..r.. Rupiah-rate Rupiah Rates Feb. 14 JP/ / Rupiah Rates Feb. 14 Banknote Rates TT rates Selling Buying Selling Buying U.S dollar 1.00 10,753.00 9,753.00 10,304.00 10,202.00 Australian dollar 1.00 5,525.97 5,007.19 5,295.23 5,237.71 Brunei dollar 1.00 5,880.78 5,330.96 5,635.22 5,576.

TNI working on reshuffle

TNI working on reshuffleTiarma Siboro, The Jakarta Post, Jakarta Indonesian Military (TNI) Commander Adm. Widodo AS admitted on Thursday that the institution was in the midst of a major reshuffle, while adding that replacements in the level of top brass remained undecided.

Takeuchi to become Japanese deputy FM

Takeuchi to become Japanese deputy FMKornelius Purba, The Jakarta Post, Jakarta The promotion of the Japanese ambassador to Indonesia, Yukio Takeuchi, to the second-highest position in Japan's Foreign Ministry would provide strong benefits for relations between the two countries, a Japanese...

Britain, RI to hold joint seminars

Britain, RI to hold joint seminars JAKARTA: The defense ministry and the British Embassy in Jakarta are organizing a number of seminars aimed at strengthening bilateral ties between Indonesia and the United Kingdom.

Papua urges stay in Gag nickel mines

Papua urges stay in Gag nickel mines Irian Jaya or Papua has urged Australia's BHP Billiton to stay in a nickel mine project on the province's Gag Island and asked the government to allow the project, provincial governor Jacob Soloussa said on Thursday.

Activists propose revised law on citizenship

Activists propose revised law on citizenshipKurniawan Hari, The Jakarta Post, Jakarta A group of activists proposed on Thursday the implementation of the principle of jus soli (citizenship by birth) in the revision of existing laws on citizenship, regardless of the nationality of the parents.

Akbar leaves Jakarta on haj pilgrimage

Akbar leaves Jakarta on haj pilgrimage JAKARTA: House of Representatives Speaker Akbar Tandjung, who is also a suspect in a Rp 40 billion corruption case, left on a haj pilgrimage on Thursday.Akbar, who also chairs Golkar Party, is in the same group of pilgrims as Minister of Religious Affairs Said...

IBRA restructures batik firm's debt

IBRA restructures batik firm's debt JAKARTA: The Indonesian Bank Restructuring Agency (IBRA) said Thursday it has completed the restructuring of the debt worth US$23.2 million owed by batik textile manufacturer PT Dan Liris Industrial & Trading Company.

Indonesia could be used as 'hotbed for terrorists'

Indonesia could be used as 'hotbed for terrorists'Tiarma Siboro and Yogita Tahilramani, The Jakarta Post, Jakarta The Indonesian Military (TNI) Chief Adm. Widodo AS has warned that the armed forces were taking serious precautions against the possibility that Indonesia could become a "hotbed" for...

Economists doubt stimulus plan will work

Economists doubt stimulus plan will workThe Jakarta Post, Jakarta Economists raised doubts about a government plan for an economic stimulus package aimed at revitalizing the private sector, but welcomed the setting up of a crisis center, which, they said, should enable the government to respond to...

Losing shine as demand sinks

Losing shine as demand sinksHendarsyah Tarmizi and I. Christianto, The Jakarta Post, Jakarta The textile industry, once considered the economy's most promising sector, is losing its shine. Low demand, internal financial problems and a lack of efficiency have left the industry in a difficult...

Intro

IntroIn West Java alone, some 100,000 people working at textile manufacturing plants have lost their jobs. Other areas face similar mass job cuts. And the already alarming number of layoffs is set to increase this year.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions* Painting by Dutch painter Walter van Oel, Cemara 6 Gallery, Jl. HOS Cokroaminoto, Central Jakarta, until March 8. * Painting, Sculpture: PEREK - "Womens' experiment" by members of the Yogyakarta-based art group, The British Council Gallery, S. Widjoyo Centre, Jl.

Govt debt ratio target unrealistic: CSIS

Govt debt ratio target unrealistic: CSISThe Jakarta Post, Jakarta Government plans to cut its debt level to around 60 percent of gross domestic product (GDP) by 2004 is an unrealistic target, the Center for Strategic and International Studies (CSIS) say.

Debt extension plan may be scrapped

Debt extension plan may be scrappedBerni K. Moestafa, The Jakarta Post, Jakarta Pounded by heavy public criticism, the government may decide to scrap a controversial debt extension plan worth billions of dollars, as a team reviewing the plan considers whether to stick with the original payment...