Indonesian Political, Business & Finance News

Archive: 1 March 2002

70 articles found

Muslim leaders rap the U.S.

Muslim leaders rap the U.S. SURABAYA: Leaders of Indonesia's two biggest Muslim organizations, Nahdlatul Ulama (NU) and Muhammadiyah, rapped the United States on Thursday for what they considered to be double standards in its handling of the conflict between Israel and the Palestinians. At a meeting with U.S. Ambassador to Indonesia Ralph L. Boyce in Surabaya, East Java, on Thursday, the religious leaders made it clear to the U.S.

Prostitution still survives in 'closed' Kramat Tunggak

Prostitution still survives in 'closed' Kramat Tunggak Rendi A. Witular, The Jakarta Post, Jakarta It has been more than two years since the city administration closed the notorious Kramat Tunggak brothel complex in North Jakarta, but the area has yet to rid itself of prostitution. Dozens of illegal cafes and bars that also serve as brothels are scattered along Jl. Bhayangkara Tugu and Jl. Kramat Jaya near the complex, in the middle of which an Islamic center is being built.

IPA to draft oil and gas code of conduct

IPA to draft oil and gas code of conduct Moch. N. Kurniawan, The Jakarta Post, Jakarta The Indonesian Petroleum Association (IPA) said on Thursday it would draft a code of conduct on good corporate governance for the country's oil and gas industry to help strengthen business ethics and eradicate rampant corrupt business practices in the sector.

Congress asked to lift restrictions on TNI

Congress asked to lift restrictions on TNI Agencies, Washington The commander of the U.S. forces in the Pacific, Admiral Dennis Blair, has asked Congress to lift restrictions on military cooperation with Indonesia.

KPKPN questions 30 state officials

KPKPN questions 30 state officials JAKARTA: At least 30 of the 600 state officials whose wealth declarations have been verified by the Public Servants' Wealth Audit Commission (KPKPN) are currently undergoing special investigations on suspicion that they have amassed their wealth through corruption, collusion and nepotism.

Security authorities begin disarming people in Poso

Security authorities begin disarming people in Poso Erik W., The Jakarta Post, Palu Starting Friday, security forces in Poso, Central Sulawesi, will conduct a door-to-door search for weapons still in the hands of Muslims or Christians who are not complying with the peace agreement signed by their leaders in late December. The search operations for weapons will cover the district capital town of Poso, as well as Poso Pesisir, Tojo, Malei, Lage, Ampana, North, South and East Pamona and Morowali.

Rahardi held in connection to Bulog scandal

Rahardi held in connection to Bulog scandal Tertiani ZB Simanjuntak, The Jakarta Post, Jakarta Former chief of the State Logistics Agency (Bulog) Rahardi Ramelan began a 20-day stint at Cipinang Penitentiary on Thursday, pending trial for the alleged embezzlement of Rp 54.6 billion (about US$5.2 million) in nonbudgetary state funds belonging to the agency.

Tourist visa denied

Tourist visa denied With the honorable Australian Minister for Immigration and Multicultural and Indigenous Affairs Mr Ruddock MP currently visiting Indonesia, I would like to pose a very simple question: Why? My wife, an Indonesian citizen, recently applied for a tourist visa to accompany myself, an Australian citizen, on a short visit to Australia.

Corrupt officials might be replaced

Corrupt officials might be replaced JAKARTA: Governor Sutiyoso promised on Thursday to take stern action against any city official found guilty of taking advantage of post-flood projects. "If (the officials) are found guilty, I will not hesitate to replace them," Sutiyoso told reporters at City Hall. The governor's comments follow a report saying the City Middle and Higher Education Agency allegedly inflated the numbers of schools it claimed were damaged, and exaggerated the damage caused.

British trade delegation to visit RI

British trade delegation to visit RI JAKARTA: A trade delegation from Britain will visit Indonesia from March 4 to March 8 to look for business opportunities and to strengthen trade relations between both countries, the British Embassy in Jakarta said. The embassy, in a statement, said the delegation from the Nottinghamshire Chamber of Commerce and Industry would be led by Britain's director for international trade Michael J. Brosch.

Top rubber growers to discuss cooperation on Friday

Top rubber growers to discuss cooperation on Friday Reuters Jakarta The world's top three natural rubber producers -- Thailand, Indonesia and Malaysia -- will meet on Friday to try to iron out problems linked to last year's tripartite agreement, a senior Indonesian official said. The three countries agreed in December to cut output by four percent and exports by 10 percent starting earlier this year to boost rubber prices, which fell late last year to 30-year lows of below 50 U.S. cents/kg.

Lorena makes right decision

Lorena makes right decision The bus company Lorena has just made a decision. My previous letter to The Jakarta Post recounted how my husband and I abandoned a bus journey to Bali by disembarking in West Java. We got off the super executive bus because the clove cigarette puffing driver was maneuvering the machine like a drunken pre- teen. Mr.

MUI's role

MUI's role From Republika The Indonesian Council of Ulemas (MUI) management has been occupied by some figures whose capabilities are beyond doubt, bringing some fresh air for Muslims. The role of MUI becomes highly essential in an atmosphere of ghiroh, where people have a developed a good appetite for learning about their religion. Muslims in general have a particularly limited understanding of fiqih (Islamic law), let alone in contemporary matters.

Hemoko: Designated to become a Center of Excellence

Hemoko: Designated to become a Center of Excellence Apart from Indonesia's and Kuwait's mutual sociopolitical understanding, the oil sector has been the main propellant in their economic relations in recent years. One of the most notable investments that Kuwait launched here in Indonesia was in 1995 through the megaproject of PT Hemoco Selayar International oil refinery in 100-kilometer-long Selayar Island, located in the southern tip of South Sulawesi.

Ad hoc trial to begin mid-March

Ad hoc trial to begin mid-March Muninggar Sri Saraswati The Jakarta Post Jakarta The much-awaited ad hoc human rights trial will begin in the middle of this month, with or without the government regulations on witness protection and rehabilitation and compensation for victims of rights violations.

* Headlines: Decentralization encourages democracy 2

* Headlines: Decentralization encourages democracy 2 * Opinion: RI can't afford to wait for customs reform 5 * City: Residents protest mounting garbage 6 * Archipelago: Troops told to shoot refugee criminals 7 * National: Scholars support constitutional commission 8 * World: Russia "hysterical" over U.S. troops 10 * Business: No increases in road tolls, fuel prices 11 * Features: "Opera Diponegoro" to revitalize patriotism 15 * Sports: Deportivo stuns Juventus 20

Japan ready to restart major projects in Indonesia

Japan ready to restart major projects in Indonesia Berni K. Moestafa, The Jakarta Post, Jakarta Japan has pledged to resume this year the financing of billions of U.S. dollars worth of projects in the power, petrochemical and gas industries, which were put on hold during the late 90s economic crisis, the government announced on Thursday.

Interpol intensifies search for Hambali

Interpol intensifies search for Hambali Yogita Tahilramani and Kurniawan Hari, The Jakarta Post, Jakarta The National Central Bureau of ICPO-Interpol is intensifying its search for Islamic preacher Nurjaman Riduan Isamuddin alias Hambali, who is wanted by Malaysian Police for his reported links to international terrorist groups. Hambali is also the prime suspect in the 2000 Christmas Eve bomb attacks in some areas of Sumatra and Java.

TNI troops ordered to shoot refugee criminals

TNI troops ordered to shoot refugee criminals Yemris Fointuna, The Jakarta Post, Kupang Udayana Military Commander Maj. Gen. Wellem T. da Costa has ordered soldiers to shoot East Timor refugees found committing violence against Indonesians living near refugee camps in West Timor. "... I order all TNI members to shoot any criminal on the spot. I am ready to be sued over this decision," Wellem said.

People-smuggling requires collective response

People-smuggling requires collective response Fabiola Desy Unidjaja and Rita A. Widiadana The Jakarta Post Nusa Dua, Bali A two-day international conference on illegal migrants and related transnational crimes ended here on Thursday with all participating countries recognizing people-smuggling as an international issue that requires a collective response.

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3 x 8 TNI troops ordered to shoot refugee criminals POSO 2 x 18 Security authorities begin disarming people in Poso Madura 1 x 30 Aid funds for Madurese refugees embezzled

Indonesia drafting law to tackle migrants

Indonesia drafting law to tackle migrants Fabiola Desy Unidjaja and Rita A. Widiadana, The Jakarta Post, Nusa Dua, Bali The government will deliver the final draft of the immigration law to the House of Representatives by the middle of this year to enable the country to properly deal with people-smuggling, illegal migrants and related issues.

Designated to become a Center of Excellence

Designated to become a Center of Excellence Apart from Indonesia-Kuwait mutual sociopolitical principals, the oil sector has been the main propellant in their economic relations in recent years. And one of the most notable investments that Kuwait launched here in Indonesia was in 1995 through the mega project of PT Hemoco Selayar International Oil Refinery in the 100-kilometer- long Selayar Island, located in the southern tip of South Sulawe si.

British trade delegation to visit RI

British trade delegation to visit RI JAKARTA: A trade delegation from Britain will visit Indonesia from March 4 to March 8 to look for business opportunities and to strengthen trade relations between both countries, the British Embassy in Jakarta said. The embassy, in a statement, said the delegation from the Nottinghamshire Chamber of Commerce and Industry would be led by Britain's director for international trade Michael J. Brosch.

Aid funds for Madurese refugees embezzled

Aid funds for Madurese refugees embezzled Ainur R. Sophiaan, The Jakarta Post, Surabaya The government's food aid for thousands of Madurese refugees who fled ethnic riots in Central Kalimantan last year has fallen prey to embezzlement by local authorities, said legislators in East Java province. Over the last three months, they said refugees have been receiving only between Rp 20,000 and Rp 40,000 per family as their monthly food assistance.

Malaysia steps up campaign against illegal immigrants

Malaysia steps up campaign against illegal immigrants Agencies, Kuala Lumpur/Nusa Dua, Bali Malaysian police rounded up 3,705 people, mostly from neighboring Indonesia and the Philippines, as it stepped up its campaign to throw out illegal immigrants, police said on Thursday. The arrests were made in Sabah state on Borneo, the giant forested island Indonesia shares with Malaysia and Brunei, and are part of a nationwide sweep.

'Opera Diponegoro', an attempt to revitalize waning patriotism

'Opera Diponegoro', an attempt to revitalize waning patriotism Kartika Bagus C., The Jakarta Post, Surakarta History has not completely laid bare each and every aspect of the struggle against the Dutch colonial powers in Java from 1825 to 1830, known as "The War of Diponegoro". This period was filled with romantic as well as poignant moments of Prince Diponegoro's early victories and final tragic defeat at the hands of the Dutch colonialists.

People-smuggling 'requires collective response'

People-smuggling 'requires collective response' Fabiola Desy Unidjaja and Rita A. Widiadana, The Jakarta Post, Nusa Dua, Bali A two-day international conference on illegal migrants and related transnational crimes ended here on Thursday with all participating countries recognizing people-smuggling as an international issue that requires a collective response.

Price of industrial diesel up

Price of industrial diesel up OR Industrial diesel price increases The Jakarta Post Jakarta State oil and gas company Pertamina announced on Thursday the prices of fuel products for March, which mostly remain the same as those in February except for industrial diesel fuel, fuel oil and kerosene for industry.

RI can't afford to wait for customs reform

RI can't afford to wait for customs reform Djimanto, Secretary General, Indonesian Footwear Association (APRISINDO), Jakarta The article by Richard B. Ness "Don't throw in the towel on Customs reform" in this paper (Feb. 25) was written from the privileged position of an industry (mining) which has not had to stand by and watch its domestic market destroyed and its workers thrown out of jobs by imports smuggled in from Asian neighbors.

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~ Muninggar Sri Saraswati, The Jakarta Post, Jakarta The city health agency seemed reluctant to probe the selling of subsidized and donated medicines in black markets across the capital. As a response to the allegation, the agency had sent a team to observe about it, according to the agency'spokeswoman, Evy Zelfino. "Our inquiry revealed no violation in all public health centers nor in pharmaceutical storage here," she told The Jakarta Post on Thursday.

Muslims, Christians rally joyfully in Ambon

Muslims, Christians rally joyfully in Ambon Muhammad Nafik and A'an Suryana, The Jakarta Post, Jakarta Thousands of Muslims and Christians mingled freely in a parade across the Maluku capital of Ambon on Thursday to express their happiness with and support for the recent peace accord, local leaders and residents said. It was the first time in the history of the three-year religious war in the country's eastern province that such a celebration had taken place.

RI to host physics olimpiade

RI to host physics olimpiade DENPASAR: Some 445 senior high school students from 89 countries are expected to take part in the International Physics Olympiade in Bali from July 21 through July 31. "Some 30 countries have confirmed their participation," director general for elementary and high school education Indrajati Sidi told reporters in Denpasar, Bali, after reporting on the preparations for the event to Bali Governor Dewa Beratha on Thursday.

MAS tie up

MAS tie up with Garuda to promote air travel 2. BOJ ( 2 X 30 BoJ eases monetary policy on political pressure 3. SP 2 x 35 Japan's antideflation policy no good: S&P 4. Palm ( 2 X 30 RI eyes trade deal with India in April 5. Rubber 1 X 28 Rubber growers to meet Friday

The funniest DPR members

The funniest DPR members From Kompas I can still remember the sweet promises by the would-be members of the House of Representatives (DPR) during the last general election. With great hopes I trusted them to fulfill those promises and duly represent the people's aspirations. Regrettably, once they sat comfortably on the soft chairs of the House, they completely forgot the interests of the people. Unashamedly they drive around in their luxury cars and live cozily in their brand-new houses.

MAS, Garuda to promote air travel

MAS, Garuda to promote air travel Agence France-Presse, Kuala Lumpur Malaysia Airlines and Garuda Indonesia announced a tie-up Thursday to jointly promote air travel between the two countries in a move to boost tourism. A memorandum of understanding (MOU) was signed in the northern resort island of Langkawi by Malaysia Airlines' managing director Mohamad Nor Yusof and Garuda's president and chief executive Abdul Gani.

Time to speed up investment

Time to speed up investment Last week's news of upcoming major foreign investments in Indonesia during troubled economic times is like water given to someone dying of thirst in a desert. Lady Al-Bandari, the wife of Abdul Aziz, from the Saudi Arabian royal family, plans to invest around Rp 2.3 trillion as a strategic partner in the Jakarta Outer Ring Road project. Two foreign investors, Malaysia TAG Corp.

Tata interview: a PR exercise?

Tata interview: a PR exercise? I'm really tired of the way the media, especially the television stations, are treating the case of Tommy Soeharto. Though its legal process is important, the coverage is out of proportion, making it low quality journalism. I was most irritated by the way SCTV and Metro TV interviewed Tata, Tommy's wife. In my opinion it was a lengthy interview on a trivial subject matter, which should not have been covered in a special interview.

Decentralization encourages democracy, researchers say

Decentralization encourages democracy, researchers say A'an Suryana, The Jakarta Post, Jakarta Regional autonomy had proven successful in promoting democracy and creating more effective and responsive local governments, a group of researchers said on Thursday. The same researchers also found that decentralization had created an excess of civil servants with Bandung alone having 16,000 civil servants too many and Semarang, East Java 10,000.

MANILA : Indonesia is to get three technical assistance grants

MANILA : Indonesia is to get three technical assistance grants totaling US$2.06 million from the Asian Development Bank (ADB) to support moves to devolve power to local governments, the bank said Thursday. Indonesia's 31 provincial governments were given additional powers under a major decentralization exercise launched in the southeast Asian archipelago last year. The Manila-based ADB said the local governments were not yet able to fully assume their complex new responsibilities.

Indonesia eyes CPO trade deal with India in April

Indonesia eyes CPO trade deal with India in April Agencies, Jakarta Indonesia will finalize in April a deal to sell crude palm oil and coal to India in return for railway tracks for the construction of a railway line in South Sumatra, Industry and Trade Minister Rini Soewandi said late Wednesday. "Indonesia needs to set up a railway in Southern Sumatra and India needs CPO and coal," Rini told reporters.

Industrial diesel oil price increases

Industrial diesel oil price increases The Jakarta Post, Jakarta State oil and gas company Pertamina announced on Thursday the prices of fuel products for March, which mostly remain the same as those in February except for industrial diesel fuel, fuel oil and kerosene for industry. Pertamina said in a statement that the price of industrial diesel was raised to Rp 1,120 per liter from Rp 1,110, fuel oil to Rp 950 from Rp 925, and kerosene for industry to Rp 1,270 from Rp 1,230.

Human rights trial to begin mid-March

Human rights trial to begin mid-March Muninggar Sri Saraswati, The Jakarta Post, Jakarta The much-awaited ad hoc human rights trial will begin in the middle of this month, with or without the government regulations on witness protection and rehabilitation and compensation for victims of rights violations.

Four doctors to leave Manokwari

Four doctors to leave Manokwari MANOKWARI, Irian Jaya: Four doctors working in a local hospital are set to leave Manokwari regency because they have not received allowances to which they claim they are entitled. Head of the local health office Abdul Kadar said on Thursday that the doctors had resigned after they failed to receive incentives ranging from Rp 3 million to Rp 7 million that were given to other doctors serving in remote areas.

"This is not the first time East Timorese refugees have been

"This is not the first time East Timorese refugees have been involved in criminal activity. So if there is a shoot-on-sight order, it should be viewed as an effort to ease the situation, as local residents have frequently been victimized in the past," Dr. Nicolas Woly, a priest at the Mesehi church in Kupang, said. "If TNI troops shoot criminals, it cannot be considered a human rights violation because they are merely defending the basic rights of robbery victims."

No toll hikes before unfair deal is revoked: Minister

No toll hikes before unfair deal is revoked: Minister Berni K. Moestafa and Anastashya Emmanuelle, The Jakarta Post, Jakarta The government ruled out hiking toll road prices for a number of routes in Jakarta before revoking a ministerial joint decree it said unfairly divided profit between toll road operators PT Jasa Marga and PT Citra Marga Nusaphala Persada (CMNP).

TV Program: Friday, March 1, 2002

TV Program: Friday, March 1, 2002 TVRI .tb .30" .90" 5:00 a.m. Religious Teachings 6:00 News 8:00 Environment 9:00 Cartoon 10:00 News 11:00 Regional News 11:30 Music 12:00 p.m. News 1:00 Talk Show 3:00 Music 4:00 TV Drama 6:00 News 7:00 Talk Show 8:00 Music 9:00 News 9:30 Music 11:00 News TPI 5:30 a.m. Religious Teachings 7:00 Music 8:00 TV Drama 10:00 Variety Show 11:00 Music 12:00 p.m.

No women shuttlers at All England

No women shuttlers at All England The Jakarta Post, Jakarta Following injuries suffered by several members of the Uber Cup squad, the Badminton Association of Indonesia (PBSI) has decided to pull all its women players from the All England and Swiss Open Grand Prix tournaments. "The players have yet to recover from injuries suffered during the Asia/Oceania qualifying round in Melbourne, Australia.

Indonesia cannot afford to wait for customs reform

Indonesia cannot afford to wait for customs reform Djimanto Secretary General Indonesian Footwear Association (APRISINDO) Jakarta The article by Richard B. Ness "Don't throw in the towel on Customs reform" in this paper (Feb. 25) was written from the privileged position of an industry (mining) which has not had to stand by and watch its domestic market destroyed and its workers thrown out of jobs by imports smuggled in from Asian neighbors.

Complaint in order?

Complaint in order? I should have read the article Complaint in order? Time to speak up (The Jakarta Post, Feb. 17), before I left the house that morning. A few days before I was attracted by an advertisement in the Post for a prasmanan (buffet) of dim sum, several types of porridge, desserts and wedang ronde (small balls made of flour in hot sweet ginger tea). The place was a lobby lounge in a hotel near Sarinah Thamrin.

Kadin asks for govt help in facing free trade

Kadin asks for govt help in facing free trade The Jakarta Post, Jakarta The Indonesian Chamber of Commerce and Industry (Kadin), the country's largest business lobby group, urged the government to help local firms in dealing with tighter competition resulting from the free trade era. Kadin chairman Aburizal Bakrie stressed on Thursday that without government support, efforts to restore the country's ailing economy would become more difficult.

RP official says end near for Abu Sayyaf rebels

RP official says end near for Abu Sayyaf rebels Reuters, Manila The Philippines said on Thursday the end was near for the Abu Sayyaf Moro rebel group linked to Osama bin Laden's al-Qaeda network but added it faced a tough job flushing out the insurgents. "We have killed about 190 Abu Sayyaf members and captured quite a lot of them and many surrendered also because of the intense pressure of the military.

Police to begin discipline drive

Police to begin discipline drive JAKARTA: Jakarta Police revealed on Thursday that it would launch a campaign to ensure greater compliance of existing traffic signs and regulations among both drivers and pedestrians along some of the capital's thoroughfares. City Police spokesman Sr. Comr. Anton Bachrul Alam said on Thursday that the campaign will be launched on March 1 and was in response to rising concerns that many street-users pay scant attention to traffic regulations.

Japan ready to resume major projects in RI

Japan ready to resume major projects in RI Berni K. Moestafa The Jakarta Post Jakarta Japan has pledged to resume this year the financing of billions of U.S. dollars worth of projects in the power, petrochemical and gas industries, which were put on hold during the late 90s economic crisis, the government announced on Thursday.

Yangon objects to East Timor bid

Yangon objects to East Timor bid MYANMAR: Yangon has objected to a proposal to grant East Timor observer status to the Association of Southeast Asian Nations (ASEAN), Philippine officials said on Thursday. Foreign ministers of the 10-member regional grouping discussed the issue at a meeting in the Thai resort of Phuket in mid- February, they said.

Officials reluctant to probe drug case

Officials reluctant to probe drug case Muninggar Sri Saraswati, The Jakarta Post, Jakarta City health officials seemed reluctant to launch an investigation in the face of allegations that subsidized and donated medicines are finding their way onto the black market across the capital. City Health Agency spokeswoman Evy Zelfino said that health officials had already dispatched a team to look into the charges.

Residents protest mounting garbage

Residents protest mounting garbage Ahmad Junaidi, The Jakarta Post, Jakarta At least 100 residents of Penjaringan, North Jakarta, staged a demonstration at City Hall on Thursday to protest the lack of city action in removing the growing heaps of garbage in their neighborhoods.

.pl

.pl .rm Stock prices on the Jakarta Stock Exchange (in Rupiah) on Feb. 28, 2002 ------------------------------------------------------------------ Shares Close Change Volume ------------------------------------------------------------------ Ades Alfindo 1,125 0 30,500 Adindo Foresta 65 0 588,000 AGIS 125 -5 2,200,000 Akbar Indo Makmur 260 15 8,500 Alakasa 215 0 0 Alfa Retailindo 725 -25 76,000 Alter Abadi 40 0 0 Alumindo Light 575 0 0 Andhi Chandra 340 0 0 Aneka Kimia Raya 550 0 0 Aneka Tambang...

RI can't afford to wait for customs reform

RI can't afford to wait for customs reform Djimanto Secretary General Indonesian Footwear Association Jakarta

Intention to restructure legislators' pay condemned

Intention to restructure legislators' pay condemned Kurniawan Hari and A'an Suryana, The Jakarta Post, Jakarta The covert plan to boost legislators' pension payouts by 30 percent has drawn strong condemnation as it was done at a time when the performance of legislators is under fire.

Learning to live with floods

Learning to live with floods Muninggar Sri Saraswati, The Jakarta Post, Jakarta The Kapuk Muara subdistrict in North Jakarta is routinely flooded at least three times a year due to the high tides and heavy rains. But because residents cannot afford to buy houses in other flood-free areas, they have no choice but to deal with the problem as best they can.

Vocalist's ex-wife arrested for drugs

Vocalist's ex-wife arrested for drugs BOGOR: Irni Arnita, the 25-year-old ex-wife of noted Slank rock group vocalist Kaka, was arrested with four friends by Bogor Police at 11.45 a.m. on Monday in West Bogor. They -- Irni, Elicia Dwiyanti, 25, Adia Andar Rohesti, 26, and Doni Dwi Indradi, 23 -- were reportedly using low-grade heroin in drug dealer Andri Suardi's house when the police raided the house. Bogor Police chief Sr. Comr.

1. Garbage - 4x11

1. Garbage - 4x11 Residents protest mounting garbage 2. Kramat - 2x 24 Prostitution still survives in 'closed' Kramat Tunggak 3. Schools- 1x30 Students traumatized by floods

U.S. Pacific commander asks Congress to lift restrictions on TNI

U.S. Pacific commander asks Congress to lift restrictions on TNI Agencies Washington The commander of the U.S. forces in the Pacific has asked Congress to lift restrictions on military cooperation with Indonesia. The admiral warned that Indonesia, beset by separatist and sectarian violence, is "vulnerable to terrorist penetration." "With many challenges on its plate, and diminishing resources, Indonesia's security apparatus does not have full control of its borders," Blair said.

Timah's net profit drops 89%

Timah's net profit drops 89% The Jakarta Post, Jakarta Troubled state-owned tin-mining company PT Timah Tbk announced on Thursday an 89 percent fall in net profit for 2001, citing plunging tin prices and rampant illegal mining. Timah, the world's largest integrated tin-mining company, said in a statement that last year's net profit dropped to Rp 36.78 billion ($3.61 million). The company also reported a lower gross profit, Rp 412.96 billion in 2001, compared to Rp 624.32 billion the year before.

Students traumatized by floods

Students traumatized by floods Damar Harsanto, The Jakarta Post, Jakarta Nearly a month after floods befell the capital, a pile of damaged books, cupboards, chairs, and desks still lies wet in front of state elementary school SD 07 in Petamburan, Central Jakarta. The sun's rays have been prevented from filtering through to Jakarta by an almost continuous dark sky as the school equipment rots and causes a foul smell which disturbs students studying in their classrooms.

BiZNET, SingTel sign marketing alliance

BiZNET, SingTel sign marketing alliance JAKARTA: Internet service provider and data center company PT Supra Primatama (BiZNET) and Singapore's telecommunications firm Singapore Telecommunications Ltd. (SingTel) signed a marketing alliance on Thursday to sell each other services in Indonesia and other countries in the Asia Pacific region. BiZNET president Adi Kusma said that the marketing alliance would boost its revenues to US$2 million this year.

Officials and state facilities

Officials and state facilities It is easy to say that holding dual positions -- both in the government and a political party -- is not a big problem and that it also happens in some other countries. However, the important thing is that the person concerned always treats each role differently. But in reality this is not the case. Vice President Hamzah Haz is one such example. The state provides one billion rupiah for each of his official trips to the regions.

Scholars support call for constitutional commission

Scholars support call for constitutional commission Kurniawan Hari, The Jakarta Post, Jakarta Scholars from various groups leant support for widespread demands for an independent commission to amend the 1945 Constitution on Thursday, saying the amendments currently being considered by legislators ignore people's wishes.

Rupiah Rates Feb. 28

Rupiah Rates Feb. 28 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S.