Indonesian Political, Business & Finance News

Archive: 9 February 2002

Showing 1-50 of 89 articles

Fuller leads bad weather Kosaido

Fuller leads bad weather Kosaido JAKARTA: American Michelle Fuller took the lead at the weather- disrupted 2002 Kosaido Indonesian Ladies Open at the Bali Handara Kosaido Country Club in Bedugul, Bali, after carding six-under- par 66 on Friday's first round. Marine Monnet of France recorded 68 in the second place followed by Danish Amanda Moltke-Leth who shot a three-under-par 69, as reported by the event organizer.

Nurdin approved Goro-Bulog deal

Nurdin approved Goro-Bulog deal JAKARTA: A commissioner of retailing company PT Goro Batara Sakti, Nurdin Halid, provided on Friday damaging evidence against former deputy chairman of the State Logistics Agency (Bulog) Ahmad Ruskandar with his confession that he signed the cancellation document for a land swap deal between the two institutions.

Some schools and JSX closed on Chinese New Year

Some schools and JSX closed on Chinese New Year Muninggar Sri Saraswati and Damar Harsanto, The Jakarta Post, Jakarta Following the government's announcement that the upcoming Chinese New Year on Feb. 12 was an alternative holiday, many schools and private firms have decided to take a day off. Even the Jakarta Stock Exchange (JSX), for the first time in its history, will cease operating in observance of the celebration, popularly known here as Imlek.

Malaysia urges Jakarta to stop RI illegal workers:

Malaysia urges Jakarta to stop RI illegal workers: Kuala Lumpur has urged Jakarta to try to prevent its citizens from entering Malaysia illegally to seek work, a news report said Friday. It was better for Indonesian workers to be stopped at the departure points in their country than being caught and running into trouble with Malaysian law, Bernama news agency quoted Malaysian Ambassador to Indonesia Rastam Mohammed Isa as saying.

Many areas remain deluged

Many areas remain deluged Rendi A. Witular, The Jakarta Post, Jakarta Most of Jakarta's flood victims have returned home in relief after days of huddling in evacuation camps. But as of Friday, many people still unable to leave the shelters, as their neighborhoods remained submerged by floodwaters. At least 100,000 residents of four out of five subdistricts in Penjaringan, North Jakarta, still could not return to their homes because floods in their area had not receded.

HSBC has positive outlook for Indonesian economy

HSBC has positive outlook for Indonesian economy Alex Wilson, The Jakarta Post, Jakarta HSBC Indonesia CEO Brian Fredrick has expressed confidence in the Indonesian government's economic management and the country's ability to return to prosperity. Fredrick said the positive steps toward recovery were often not given recognition abroad.

JP/P.J. Leo

JP/P.J. Leo DINING AND FISHING: The restaurant business is not only about selling food but also selling an atmosphere to attract food lovers. Besides offering crabs as its main menu, a semi-open air restaurant in Muara Angke, North Jakarta, also allows customers to fish while dining.

Australian PM Howard praised at home for his coolness in Jakarta

Australian PM Howard praised at home for his coolness in Jakarta Belinda Goldsmith, Reuters, Canberra Australian Prime Minister John Howard was applauded at home on Friday for keeping his cool during a visit to repair ties with Indonesia despite taunts from Amien Rais and other parliamentarians.

Rupiah Rates Feb. 8

Rupiah Rates Feb. 8 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S.

Diarrhea claims more lives

Diarrhea claims more lives The Jakarta Post, Jakarta The aftermath of the recent catastrophic floods in the capital has brought more pain to the victims, with four toddlers dying from diarrhea. Many other victims, including babies, young people and adults, are now threatened by disease following the subsidence of the floodwaters. The four infants died in the intensive care unit of Tarakan Hospital in Central Jakarta. Two other babies had reportedly died earlier in North Jakarta.

No justice found in Trisakti, Semanggi cases

No justice found in Trisakti, Semanggi cases Kurniawan Hari, The Jakarta Post, Jakarta The continued defiance by military and police officers of a summons issued by the Human Rights Commission of Enquiry (KPP HAM) investigating the Trisakti, Semanggi I and Semanggi II incidents has failed to dishearten the parents of the students killed in the three shooting incidents.

Jakarta beats Lucknow at cities chess event

Jakarta beats Lucknow at cities chess event JAKARTA: Jakarta, which is represented by the BNI Chess Club, beat Lucknow of India 3-1 on the opening day of the US$6,000 Cities Chess Championship in Aden, Yemen, on Thursday. International Master (IM) Danny Juswanto and FIDE Master (FM) Syarif Mahmud scored wins while Grand Master (GM) Ardiansyah and FM Sukirman Teddy could only draw with their respective opponents, according to a press release.

Oesman to lead regional reps

Oesman to lead regional reps JAKARTA: As expected, Oesman Sapta was elected the chairman of the regional representatives faction at the People's Consultative Assembly for the 2002/2004 period on Friday. Oesman, who represents West Kalimantan but lives in Jakarta, won 34 votes in a secret ballot at the legislature in Senayan, Central Jakarta. Nusa Tundan finished second, with 19 votes, for the post of secretary.

Akbar Tandjung

Akbar Tandjung should resign From Sinar Pagi The calls for Akbar Tandjung's resignation from his position as Speaker of the House of Representative (DPR) have been strengthened by the decision to appoint him as a suspect in a corruption case wherein he is charged with abusing Rp 40 billion in non-budgetary funds of the State Logistics Agency (Bulog).

Indonesia may just

Indonesia may just become history From Rakyat Merdeka I feel hurt to see that some big-wig corruptors remain legally untouched. They have committed wrong, abused their power for money, position and robbed the country of its wealth by using various cunning tricks. It is their immoral conduct that has caused our country to fall into the abyss of debt. If this condition remains unsolved and is not correctly handled, it is likely that Indonesia will just become history.

.RM 6.50"

.RM 6.50" .TB.30" 4.00" 6.20" Golf courses in Greater Jakarta Name Location Hole 1. Jakarta Golf Club Rawamangun, Jakarta 18 2. Pondok Indah Golf and Country Club Pondok Indah, Jakarta 18 3. Jaya Ancol Golf Club Ancol, Jakarta 18 4. Pangkalan Jati Golf Club Pd. Labu, Jakarta 18 5. Senayan Golf Club South Jakarta 18 6. Kemayoran Golf Course Central Jakarta 18 7. Pantai Indah Kapuk North Jakarta 18 8. Fatmawati Golf Club South Jakarta 9 9. Matoa Golf Course Ciganjur, Jakarta 18 10.

New clues discovered in Gafur bribery case

New clues discovered in Gafur bribery case The Jakarta Post, Jakarta Police have said that a number of witnesses are willing to provide startling new testimony in the bribery scandal involving North Maluku's governor-elect Abdul Gafur, who has been charged with bribing fellow legislators to elect him governor.

1. Loss - 4x 10

1. Loss - 4x 10 City suffers Rp 400 billion in losses due to floods 2. Health - 1x 22 Diarrhea claims more lives 3. Flood - 1x 28 Many areas remain deluged 4. Divorce - 1x 40 Women cannot easily get a divorce 5. Div2 - 1x30 Divorce can prove traumatic

Medco to up average output to more than 90,000 bpd

Medco to up average output to more than 90,000 bpd Moch. N. Kurniawan, The Jakarta Post, Jakarta Publicly listed energy company PT Medco Energi International said on Friday it planned to raise its average oil production to more than 90,000 barrel per day (bpd) this year from an average output of 82,000 bpd last year. Medco's chief executive officer (CEO) Hilmi Panigoro said the extra production would come the Matra and Soka oil fields in South Sumatra, where the company would resume production.

JP/12/BEJ

JP/12/BEJ .pl .rm Stock prices on the Jakarta Stock Exchange (in Rupiah) on Feb.

INCO's profit drops sharply

INCO's profit drops sharply JAKARTA: Publicly listed nickel miner PT International Nickel Indonesia (INCO) said on Thursday its net profit fell to US$9.3 million in 2001 from $80.5 million in the previous year. INCO president Rumengan Musu said in a statement that the company attributed the sharp decline in profits to the significant drop that had taken place in the price of the commodity. INCO's realized price averaged $4,836 per ton for the year 2001, compared with $6,744 per ton in 2000.

Akbar shows who's the boss

Akbar shows who's the boss Yogita Tahilramani, The Jakarta Post, Jakarta Surviving dirty politics is one thing. Surviving party politics is quite another.

StanChart unswayed by protests

StanChart unswayed by protests Dow Jones, London Standard Chartered PLC. said Thursday that it would stick by its bid for Indonesia's PT Bank Central Asia, despite employee protests reminiscent of those that scuttled its bid for another Indonesia bank three years ago. Standard Chartered leads a consortium favored to win the bidding for a 51 percent stake in the nationalized BCA.

Navy sends 6 warships to combat piracy

Navy sends 6 warships to combat piracy The Jakarta Post, Jakarta The Navy has deployed only six warships and a number of reconnaissance planes specifically to rid the country's territorial waters in the Malacca Straits of pirates and arms smugglers. Navy spokesman First Adm. Franky Kayhatu told reporters on Friday that a fleet of 26 ships and 10 aircraft were conducting daily patrols throughout the nation's waters, including in the piracy-prone zone.

Regent hotel closed until May

Regent hotel closed until May JAKARTA: The Regent hotel on Jl. Rasuna Said, South Jakarta was still flooded with 60,000 cubic meters of water in its basement and would remain closed until next May. As many as 252 guests were evacuated from the hotel when the floods hit last Friday. Hanny Wahyuni, the hotel's director of public relations, could not estimate the expected financial loss.

Divorce can prove traumatic

Divorce can prove traumatic The Jakarta Post, Jakarta Santi, not her real name, never imagined the difficulties she would encounter after she filed for divorce to end her 10-year marriage. Since filing for divorce with the West Jakarta Religious Court in the middle of 1999, she has had to live on the run to avoid terrorizing phone calls and threats made by anonymous men. She suspects that her estranged husband is behind all of the terror.

Ban on sand exports to Singapore gains support

Ban on sand exports to Singapore gains support M. Ara Syaf, The Jakarta Post, Pekanbaru The central government's decision to halt the much-criticized export of sand from Riau to Singapore has gained political support from the provincial legislative council.

Floods in Jakarta

Floods in Jakarta From Rakyat Merdeka Metro TV screened at 8 p.m. on Jan. 27 an interview by phone with Kwik Kian Gie, who commented on the floods affecting Jakarta. He said the floods were inseparable from corruption, collusion and nepotism (KKN) in the past. Jakarta's spatial layout has been encroached upon by developers' interests.

Pulp mills put heavy pressure on forests: Study

Pulp mills put heavy pressure on forests: Study The Jakarta Post, Jakarta The remaining natural forest in Riau Province is on the brink of destruction as the country's giant pulp producers, Sinar Mas Group and Raja Garuda Mas Group, plan to clear almost 500,000 hectares of natural forest in Sumatra by 2007, according to a joint study compiled by the World Wide Fund for Nature (WWF) and the Center for International Forestry Research (CIFOR).

Anti-Howard demonstration turns violent

Anti-Howard demonstration turns violent Asip A. Hasani, The Jakarta Post, Yogyakarta Dozens of students scuffled with police on Friday during a protest against Canberra's alleged interference in Indonesia's domestic affairs when Australian Prime Minister John Howard met leaders of Gadjah Mada University (UGM) in Yogyakarta. Several protesters and police personnel, including Deputy Sleman Police Chief Comr. Edy Sukaryo, were slightly injured in the brief clash.

Sutiyoso refuses to stop housing projects

Sutiyoso refuses to stop housing projects Bambang Nurbianto, The Jakarta Post, Jakarta Jakarta Governor Sutiyoso has voiced opposition to the central government's decision to stop development of housing projects in Greater Jakarta, saying that such a suspension would only lead to increased unemployment. "In my opinion, these projects must not be stopped, only re- evaluated.

IndoTrade

IndoTrade Assisting investors to go global With its proven track record, IndoTrade, a corporate and foreign business investment consultant, is now offering one-stop services for businesses and investors planning on expanding their activities overseas. According to managing director Johan Bukit, IndoTrade has been expanding its expertise to help firms settle new ventures internationally.

Jakarta beats Lucknow at cities chess

Jakarta beats Lucknow at cities chess JAKARTA: Jakarta, which is represented by the BNI Chess Club, beat Lucknow of India 3-1 on the opening day of the US$6,000 Cities Chess Championship in Aden, Yemen, on Thursday. International Master (IM) Danny Juswanto and FIDE Master (FM) Syarif Mahmud scored wins while Grand Master (GM) Ardiansyah and FM Sukirman Teddy could only draw with their respective opponents, according to a press release.

Pertamina to build two new fuel depots

Pertamina to build two new fuel depots The Jakarta Post, Jakarta The state-owned oil and gas company Pertamina plans to develop major fuel depots and pipelines worth US$145 million this year to maintain the security of fuel supplies in Java, according to company president Baihaki Hakim. Baihaki said the company planned to build a new $60 million fuel depot in Cikampek, West Java, and a pipeline to connect the Cikampek depot with the Balongan depot in Indramayu, West Java.

JP/1/HOUR

JP/1/HOUR Tonton maintains lead: Indonesian cyclist Tonton Susanto, who is riding for the Malaysian Telekom team, kept his lead in the Asian division of the 2002 Tour de Langkawi. Tonton clocked a total time of 24:43:15 on Friday. -- tdl.com.my Plane skids in Makassar: A Pelita Air plane carrying 40 passengers, skidded off the runway after landing at the Hasanuddin international airport in Makassar, South Sulawesi on Friday. No casualties were reported. The accident at 2 p.m.

Families of Trisakti and Semanggi victims want justice

Families of Trisakti and Semanggi victims want justice Kurniawan Hari The Jakarta Post Jakarta The continued defiance by military and police officers of a summons issued by the Human Rights Commission of Enquiry (KPP HAM) investigating the Trisakti, Semanggi I and Semanggi II incidents has failed to dishearten the parents of the students killed in the three shooting incidents.

Sports council wants to intensify communications with media

Sports council wants to intensify communications with media The Jakarta Post, Jakarta The National Sports Council (KONI) is seeking more intensified communications with the media in its latest move to quell transparency concerns about its management. "The media is indispensable to the buildup of sports and we want them to take a pro-active role," KONI deputy chairman Arie Sudewo said on Friday. KONI suggested a number of mechanisms it would probably carry out to meet its ends.

Flame chalks up third consecutive win

Flame chalks up third consecutive win Musthofid The Jakarta Post Jakarta Surabaya Flame extended its winning streak to three after it defeated Jakarta Patriot 3-0 in Proliga here on Friday. The Flame did not lose a single set either in its three games, including the previous two fixtures against Jakarta Phinisi and Tunas Bogor on the opening days of the competition in Gresik, East Java.

Al-Ghozi gives evidence on Manila bombing

Al-Ghozi gives evidence on Manila bombing Agence France-Presse, Manila A detained Indonesian suspected of being an accomplice of Osama bin Laden Friday made a sworn deposition over his alleged role in a Manila bombing that killed 22 people, Philippine prosecutors said. Fathur Rohman al-Ghozi said in a sworn affidavit that he gave 250,000 pesos (US$4,882) to a men who was later indicted along with two other suspects in the bomb attack on a railway coach in December 2000.

Filipina brides online? Beware

Filipina brides online? Beware Michael Barker, Reuters, Manila Dian Marie, a domestic helper from Cebu in the Philippines, is looking for a husband on the Internet and there are only two major requirements listed -- he has to be Catholic and he has to be a Westerner. "I'm interested in marrying a foreign guy...I will prefer a Canadian, Italian, English or American gentleman with high moral values, (who is) positive, humble and must be Catholic," says her advertisement on www.filipina.com.

Megawati inaugurates Asam-Asam power plant

Megawati inaugurates Asam-Asam power plant The Jakarta Post, Jakarta President Megawati Soekarnoputri inaugurated on Friday the Asam-Asam 130 Megawatt (MW) coal-fired power plant in Tanah Laut regency, South Kalimantan, which is owned by PT Indonesia Power, a subsidiary of state electricity company PT PLN. The power plant was inaugurated in a modest ceremony where the President did not make a speech but simply pressed the button to mark the start of operations at the plant, Antara reported.

What went wrong?

What went wrong? Considering the suffering that the recent floods have inflicted on hundreds of thousands of city residents, the government's decision on Wednesday to halt all housing development in the Jakarta-Bogor-Tangerang-Bekasi (Jabotabek) area for the next six months is a good beginning.

Women cannot easily get a divorce

Women cannot easily get a divorce Muninggar Sri Saraswati, The Jakarta Post, Jakarta About 12 couples in the city were divorced every day last year, data states. And in most cases, it is the wife who wants to end the marriage - because of two main reasons: either the man neglected the family or he had an affair with another woman. "There are many reasons for a divorce.

More relief pours in for victims of flood disaster

More relief pours in for victims of flood disaster The Jakarta Post, Jakarta Relief continued to pour in on Friday for the thousands of victims affected by the devastating floods and landslides across Indonesia which have claimed the lives of nearly 150 people over the past two weeks. Minister of Health Achmad Sujudi said that the central government is prepared to disburse Rp 500 billion of reserve funds to support people still suffering from the floods and their aftermath.

200,000 children in Aceh malnourished

200,000 children in Aceh malnourished BANDA ACEH, Aceh: A total of 200,000 children in Aceh aged under five years old are facing malnutrition because of the prolonged economic crisis and conflict, says a local official. Haniff Asmara, deputy chief of the local health office, said the malnutrition had something to do with the fact that many mothers and their children were too poor to afford medical attention from public health centers and hospitals.

'Govt drive against illegal logging empty rhetoric'

'Govt drive against illegal logging empty rhetoric' The Jakarta Post, Jakarta The government's determination to fight illegal logging in the country remains largely rhetorical, as seen from the various unsolved cases involving log theft. The most recent log theft case is the arduous and time- consuming effort to solve a large-scale log smuggling link, which was uncovered in November last year and allegedly involved the participation of importers from other countries.

Taxi robbery in Tangerang

Taxi robbery in Tangerang TANGERANG: Three men managed to make off with Rp 221,000 and a Toyota Soluna sedan after stabbing and throwing the driver out the taxi near a cemetery in Pademangan village, Curug district of Tangerang on Thursday. Tangerang police deputy detective Insp. Kustanto said that the victim, Saidun, 24, was a resident of Rawapajang village, Sepajang Jaya subdistrict, East Bekasi. Kustanto said that the driver was passing by Jl.

The 'tudung' affair: Principles and wisdom

The 'tudung' affair: Principles and wisdom Meidyatama Suryodiningrat, The Jakarta Post, Jakarta Many in Indonesia were shocked this week to read that two very young Singaporean girls in elementary school were suspended by the government in the city-state for wearing a headscarf or tudung to school. Most here could not fathom the fuss when seeing the picture of the innocent seven-year-olds embroiled in a national controversy which they themselves do not understand.

Logging persists in Palu's protected forest

Logging persists in Palu's protected forest Illegal logging in the Lindu Lore National Park in Central Sulawesi is continuing unchecked, threatening the future of the protected 228,000 hectare-forest. Park management office headn Bandjar Yulianto Laban said at least 1,500 hectares of the forest, located in the Donggala and Poso regencies, had been destroyed or damaged.

2. Star -- Govt-to-govt pacts on foreign labor will ease burden

2. Star -- Govt-to-govt pacts on foreign labor will ease burden 1x 32 36 pt Foreign govts must play role in labor Governments must comply with KL over labor or KL seeks help from govts on foreign labor or KL asks each govt to control their labor V.K. CHIN The Star Asia News Network Selangor, Malaysia 3. Asahi -- Create new strategy to enhance ODA quality 1x 32 36 pt New strategy needed for Japanese aid Takao Asai Chief Researcher Asahi Shimbun Research Center Tokyo