Indonesian Political, Business & Finance News

Archive: 20 June 2002

72 articles found

ANZ, Commerce still interested in Niaga stake

ANZ, Commerce still interested in Niaga stakeDadan Wijaksana, The Jakarta Post, Jakarta Australia's ANZ Banking Group Ltd. and Malaysian financial group Commerce Asset-Holding Group Bhd. are still interested in bidding for the government's controlling stake in medium-sized Bank Niaga, according to...

Making elections credible

Making elections credible While we have all gloated about how the 1999 general election was the most democratic Indonesia has held in more than four decades, few people have really asked the question whether it was credible.

Shrimp farmers suffer from U.S. ban

Shrimp farmers suffer from U.S. ban TANGERANG: Many of the 600 shrimp farmers in Kronjo, Lontar, Muara and Teluk Naga districts in Tangerang regency have been forced to close down their businesses following the United States' ban on Indonesian shrimp imports.

Joint team to follow up RI-Czech agreements

Joint team to follow up RI-Czech agreementsThe Jakarta Post, Jakarta President Megawati Soekarnoputri said on Wednesday that Indonesia and the Czech Republic would form a joint commission to follow up talks over cooperation between the military and in the agriculture industry.

Police seize 107 grams of marijuana

Police seize 107 grams of marijuana KUPANG, East Nusa Tenggara: The East Nusa Tenggara Police have arrested five drug traffickers, including three Maluku residents, and seized 28 packages of dried marijuana, weighing a total of 107.87 grams, an officer said on Wednesday.

JP/6/OTHER2

JP/6/OTHER2The Attorney General's party The wedding reception of the daughter of Attorney General M.A. Rachman made headlines, with two legislators lambasting the party which they said cost Rp 500 million with an invitation list of 5,000 people.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on June 19, 2002:-------------------------------------------------------------- Shares Close Change Trading Volume -------------------------------------------------------------- Abdi Bangsa Tbk 370 0 0 Ades Alfindo Tbk...

Direct election of Jakarta governor still possible: Cetro

Direct election of Jakarta governor still possible: CetroDamar Harsanto, The Jakarta Post, Jakarta The Center for Electoral Reform (Cetro) said on Wednesday that a direct gubernatorial election for the city's next governor was still possible this year even though the upcoming election is scheduled...

Joint religious office must be independent: Scholars

Joint religious office must be independent: ScholarsMuhammad Nafik, Berni K. Moestafa, The Jakarta Post, Jakarta Scholars from different faiths gave backing on Wednesday for a call to establish a joint office to promote religious harmony across the country, but stressed that it must be independent...

Three killed in communal clash in South Sulawesi

Three killed in communal clash in South SulawesiJupriadi, The Jakarta Post, Makassar At least three people have been killed, four seriously injured, and more than one hundred houses burned down following a communal clash between residents of Cappasolo and Padang villages in East Malangke...

1. RUSUH: 12 x 4 lines

1. RUSUH: 12 x 4 lines Three killed in communal clash in S. Sulawesi 3 killed, 4 hurtAt least three people have been killed, four seriously injured, and more than one hundred houses burned down following a communal clash between residents of Cappasolo and Padang villages in East Malangke...

191 MPs got Banpres funds, says legislator

191 MPs got Banpres funds, says legislatorFabiola Desy Unidjaja, The Jakarta Post, Jakarta As many as 191 legislators received loans worth Rp 40 million each from the off-budget Presidential Aid Fund (Banpres) during the leadership of former president Soeharto but have not repaid the money in full,...

Some AJMI customers have started terminating contracts

Some AJMI customers have started terminating contractsA'an Suryana, The Jakarta Post, Jakarta Some worried policyholders of insurance company PT Asuransi Jiwa Manulife Indonesia (AJMI) have begun to prematurely terminate their insurance contracts and seek cash withdrawals after the Commercial Court...

Retreat islands in Singapore's backyard

Retreat islands in Singapore's backyard Fadli Contributor Batam The hotel business, including the resort hotels on Batam and the nearby island of Bintan, has been booming in the past three years despite a setback in the hotel industry in the other parts of the country.

Lawyer says bankruptcy law must be revised

Lawyer says bankruptcy law must be revisedThe Jakarta Post, Jakarta Indonesia's Bankruptcy Law No. 4/1998 must be revised because it does not provide certainty for businesses and investors, according to a lawyer specializing in bankruptcy cases.

A touch of Bali from Batubulan

A touch of Bali from BatubulanI Wayan Juniartha, The Jakarta Post, Gianyar, Bali Any visitors who are enchanted by Bali's cultural richness and are determined to take a piece of this island, in this case a heavy one, back home should not miss the opportunity to pay a visit to the small village of...

Former Pertamina president dies: Former state-owned oil and gas

Former Pertamina president dies: Former state-owned oil and gas firm Pertamina president Faisal Abda'oe passed away on Wednesday evening at the Siloam Gleneagles Hospital, Tangerang, near Jakarta. He was 71. Pertamina spokesman M.

Taking a break from oppressive Jakarta

Taking a break from oppressive Jakarta Sudibyo M. Wiradji Contributor Jakarta With serene and peaceful ambience, resorts surrounding Jakarta witness regular customers wishing to spend their weekends or holiday breaks.

Govt expects next IMF loan later this month

Govt expects next IMF loan later this monthDadan Wijaksana, The Jakarta Post, Jakarta The government said Tuesday it expected the International Monetary Fund (IMF) to disburse around US$340 million of its next loan tranche to the country later this month.

Local car sales surge thanks to stronger rupiah

Local car sales surge thanks to stronger rupiahSudibyo M. Wiradji, Contributor, Jakarta The Association of Indonesian Automotive Industries (Gaikindo) reported robust sales during the first five months of this year thanks to a more stable rupiah and an improvement in the country's economy.

Power projects may continue this year, Dorodjatun says

Power projects may continue this year, Dorodjatun saysThe Jakarta Post, Jakarta The government would allow the independent power producers (IPP) to resume, their projects this year, ones which were put on hold in the wake of the economic crisis in 1997, a senior minister said Wednesday.

Councillors slam agency over garbage handling

Councillors slam agency over garbage handlingBambang Nurbianto, The Jakarta Post, Jakarta Councillors slammed the city sanitary agency on Wednesday for its lack of seriousness in using incinerators to handle garbage.

Where to go in Bali: Thursday, June 20, 2002

Where to go in Bali: Thursday, June 20, 2002Exhibitions* Painting Balinese Women, at Duta Wijaya office complex, Jl. Raya Puputan Renon, Denpasar, until July 15. * Photo Glory of the Past by Nonot S Utomo, Jezz Gallery, Jl. Imam Bonjol 400, Denpasar, 10 a.m. to 6 p.m., until July 22.

Media cross-ownership to be limited

Media cross-ownership to be limitedFabiola Desy Unidjaja, The Jakarta Post, Jakarta Lending a deaf ear to demands from major media owners, the government and House of Representative agreed on Wednesday in the broadcasting bill to limit media cross-ownership.

Pertamina Balongan workers on strike

Pertamina Balongan workers on strike INDRAMAYU, West Java: Temporary workers at the Balongan, West Java, oil refinery of state oil and gas company Pertamina staged their second day of protest over demands for higher wages on Wednesday.

Tourists yes... but environment first

Tourists yes... but environment first Dean Yates Reuters Selemadeg Kaja, Bali Staring at the terraced green rice fields that drop away into the distance, Putu Mahardika ponders how to tap the tourist trade on Indonesia's Bali island without harming his village's pristine environment.

'Judge killed by gun found at Tommy's hideout'

'Judge killed by gun found at Tommy's hideout'Muninggar Sri Saraswati, The Jakarta Post, Jakarta Supreme Court Judge M. Syafiuddin Kartasasmita was killed by a bullet that came from one of six guns found at a home rented by Hutomo "Tommy" Mandala Putra in Pondok Indah, an expert testified on...

Education ministry useless

Education ministry uselessFrom Warta KotaThis newspaper in its June 11 edition reported head of secondary and tertiary education service of Jakarta as saying that government schools were free to collect money when receiving new students.

Court offers PKB solution

Court offers PKB solution JAKARTA: The trial began on Wednesday for a lawsuit filed by Minister of Defense Matori Abdul Djalil protesting his dismissal as chairman of the National Awakening Party (PKB) with judges offering an out-of-court settlement.

Central and East Java agree on river management

Central and East Java agree on river managementAinur R. Sophiaan, The Jakarta Post, Surabaya The provincial administrations of Central Java and East Java signed on Tuesday an agreement on environmental and resource management of the Bengawan Solo River, which flows though the two provinces.

TNI chief warns against secessionist movements

TNI chief warns against secessionist movementsTiarma Siboro, The Jakarta Post, Jakarta Newly installed Indonesian Military (TNI) Chief Gen. Endriartono Sutarto issued a strong warning to secessionist movements on Wednesday, saying that efforts to separate from the unitary state of the Republic of...

Ramadhan KH gets book about himself

Ramadhan KH gets book about himself JAKARTA: What is the best birthday present a writer could be given?For Ramadhan KH, the answer is a book about himself written by his friends.His fellow writers gathered on Wednesday for the launch of Ramadhan KH, Tiga Perempat Abad (Ramadhan KH turns 75), a...

Flawed law enforcement

Flawed law enforcement What has made domestic and foreign investors afraid of doing business in Indonesia? The answer is law enforcement, the lack of tax holidays, electricity and skilled workers.Anxiety has likely been confirmed by the Central Jakarta Commercial Court's verdict on PT Asuransi Jiwa...

Manulife case sparks high-level talks between RI-Canada

Manulife case sparks high-level talks between RI-CanadaThe Jakarta Post JakartaThe intensifying legal battle between Canadian insurance company Manulife Financial Corp., and its former Indonesian partner the Gondokusumo family has once again triggered high-level talks between the Indonesian and...

Manulife fiasco instigates high-level talks

Manulife fiasco instigates high-level talksThe Jakarta Post, Jakarta The intensifying legal battle between Canadian insurance company Manulife Financial Corp., and its former Indonesian partner the Gondokusumo family has once again triggered high-level talks between the Indonesian and Canadian...

Ancient and modern art sits side by side

Ancient and modern art sits side by sideChristina Schott, Contributor, Jakarta Two longboats with two families aboard floating on the water. They are probably in search of a better life.One of these families is from Flores, East Nusa Tenggara, immortalized in terracotta by an unknown sculptor, who...

Vietnam spikes Indonesia's title bid

Vietnam spikes Indonesia's title bidMusthofid, The Jakarta Post, Jakarta Indonesia looks to have lost hope of winning the ASEAN Junior Men's Volleyball Championship after an upset 2-3 defeat to Vietnam in a thrilling match at the Bung Karno Basketball Hall here on Wednesday.

Economy and security

Economy and securityFrom Koran TempoThe only habit that human beings never seem to be able to give up is justifying their own actions and blaming other people when things go wrong.With the country in such a bad way, this habit has become even more pronounced.

Aneka Tambang may issue bonds

Aneka Tambang may issue bondsDow Jones, Jakarta Indonesian state-owned miner PT Aneka Tambang, or Antam, is still considering issuing U.S. dollar bonds despite securing a $318.5 million loan to help finance plans to expand its ferronickel mining operations.

One of four missing Indonesians found on southern RP island

One of four missing Indonesians found on southern RP island Agencies Zamboanga, PhilippinesOne of four Indonesian crewmen kidnapped in southern Philippines waters by suspected Abu Sayyaf rebels was recovered by the villagers in the rebel stronghold of Jolo island but his compatriots were still...

Betawi artist has loyal Dutch following

Betawi artist has loyal Dutch followingYusuf Susilo Hartono, Contributor, Jakarta Painter Sarnadi Adam is always associated with Betawi, a name which refers to everything indigenous to Jakarta.Born and bred in Jakarta, Sarnadi, a graduate of the Indonesian Fine Arts Institute (ISI) in Yogyakarta,...

Habitat care festival at BSD

Habitat care festival at BSD TANGERANG: The German International School in Bumi Serpong Damai housing estate held a one-day environmental festival, at which 18 school teachers from private and state schools in and around the complex took part.

JP/19/BETAWI

JP/19/BETAWIBetawi painter changes style Yusuf Susilo Hartono Contributor JakartaPainter Sarnadi Adam is always associated with Betawi, a name which refers to everything indigenous to Jakarta. Born and bred in Jakarta, Sarnadi, a graduate of the Indonesian Fine Arts Institute (ISI) in Yogyakarta,...

Deal may see TNI retain MPR seats till 2009

Deal may see TNI retain MPR seats till 2009The Jakarta Post, Jakarta A two-year-old political deal between the Indonesian Military (TNI) and legislators could mean the military retains its seats in the People's Consultative Assembly (MPR) until 2009, possibly ending efforts to remove the TNI from...

Indocopper goes private

Indocopper goes private JAKARTA: Shareholders agreed on Wednesday to delist PT Indocopper Investama, a minority shareholder in mining giant PT Freeport Indonesia, from the Surabaya Stock Exchange following a move by U.S.

Indonesian escapes from RP rebel captors

Indonesian escapes from RP rebel captorsAgencies, Zamboanga, Philippines One of four Indonesian crewmen kidnapped in southern Philippines waters by suspected Abu Sayyaf rebels was recovered by the villagers in the rebel stronghold of Jolo island but his compatriots were still being held on...

'Governor not elected on ethnic basis'

'Governor not elected on ethnic basis' The gubernatorial election may still be three months away, but people have begun discussing the candidates. One of the main issues is whether the next governor should be a Betawi (native Jakartan) despite the city's populace being a melting pot of various...

Seeking for bigger share in ASEAN car market

Seeking for bigger share in ASEAN car marketImanuddin, The Jakarta Post, Pattaya, Thailand Ford Motor Company, the Michigan-based car manufacturer, recently invited a number of journalists from ASEAN countries to Thailand and Vietnam as part of the company's ASEAN-wide campaign.

New forum is 'missing link' for Asian accord

New forum is 'missing link' for Asian accordAgencies, Cha-Am, Thailand Singapore Foreign Minister Shunmugam Jayakumar on Wednesday praised a new Asian forum as a "missing link" for regional dialog.Jayakumar was joining ministers from 16 other countries in this seaside resort for discussions as part...

Peace mediators visit Aceh

Peace mediators visit Aceh BANDA ACEH, Aceh: Three officials from the Switzerland-based Henry Dunant Center, which has mediated peace talks between the Indonesian government and Aceh separatist rebels, visited Aceh province on Wednesday.

;REUTERS;KOD;

;REUTERS;KOD; ANPAu..r.. Aglance-S'pore-heroin Two men face gallows in Singapore over heroin haul JP/10/ASEAN Two men face gallows over heroin haul SINGAPORE: Two men face the death penalty in Singapore for possessing seven kg (15.

Activist, bureaucrat add heat to election

Activist, bureaucrat add heat to electionAhmad Junaidi, The Jakarta Post, Jakarta Two more civilians -- architect-cum-activist Marco H. Kusumawijaya and the incumbent West Nusa Tenggara governor Harun Alrasyid -- registered themselves as candidates for city governor on Wednesday.

Beyond the dress: Instilling morality

Beyond the dress: Instilling moralityMochtar Buchori, Educator, Legislator, Jakarta There is a new school regulation that has worried many people. This is the regulation about the Islamic dress that both female and male students must wear on school days that happen to coincide with significant...

Trustworthy governor needed

Trustworthy governor needed Marco Kusumawijaya's impassioned article of June 18 on the need for a trustworthy and competent Jakarta governor was inspiring. Its relevance, of course, is not confined to the governance of Jakarta.

Commission members reveal huge flaws in election bill

Commission members reveal huge flaws in election billMoch. N. Kurniawan and Yogita Tahilramani, The Jakarta Post, Jakarta Though hailed as democratic, Indonesia's 1999 elections could hardly be called credible with a dismal record of 2,400 election campaign violations, including bribery,...

Bantul Expo to feature handicrafts, music

Bantul Expo to feature handicrafts, music YOGYAKARTA: No less than 100 companies will present various leather, wooden and aluminum handicrafts at Bantul Expo 2002, an annual arts, cultural and commercial event in Bantul regency, Yogyakarta.

Suzuki, GM, Daewoo may tie up

Suzuki, GM, Daewoo may tie up TOKYO: Japanese automaker Suzuki Motor Corp. said Wednesday it may invest in a South Korean company to be set up by U.S. giant General Motors Corp. and debt-stricken Daewoo Motor Co."We are considering investing in their company," Suzuki spokesman Takeaki Nukii said.

Economic recovery needs more than stability

Economic recovery needs more than stabilityHidayat Jati, Researcher, Jakarta Indonesia is blessed recently by an onslaught of good news, which may indicate early signs of economic recovery. These vary from the currency's strong performance against the U.S.

Lesson from Thailand: How to promote auto industry

Lesson from Thailand: How to promote auto industryImanuddin, The Jakarta Post, Pattaya, Thailand Despite the ensuing controversy, at first it was good to hear that Indonesia had launched a national car project with the signing of a joint venture agreement between a local firm and South Korea's KIA...

Bali resorts are heading for a more promising year

Bali resorts are heading for a more promising yearRita A.Widiadana The Jakarta Post Nusa Dua, Bali The word "resort" always conjures up a picture of a serene and integrated holiday site surrounded by white sandy beaches or a lush mountainous panorama where you can escape from your hectic life in...

Application of 'syariah'

Application of 'syariah' From Forum Thumbs-up to the raids conducted by the authorities, for example the Tulungagung Police, against prostitution. Unfortunately, such raids fail to produce the desired results because there is no adequate sanction against those involved.

Police use tear gas to end brawl

Police use tear gas to end brawl JAKARTA: Hundreds of residents from Kampung Rawa, near Gembrong market, Johar Baru district, Central Jakarta, were involved in a mass brawl on Wednesday. No fatalities were reported.

UN clipped out power in E. Timor: Witnesses

UN clipped out power in E. Timor: WitnessesTertiani ZB Simanjuntak, The Jakarta Post, Jakarta Two former top security officers in charge of East Timor testified at the ad hoc East Timor human rights trial on Wednesday, insisting that the task of creating peace and order before, during and after the...

Dolorosa Sinaga: Artist, role model

Dolorosa Sinaga: Artist, role modelFabio Scarpello, Contributor, Jakarta Dolorosa Sinaga has been very often defined as a feminist. But in fact she is also an artist, role model and activist.Her sculptures represent women's experiences.

Most Asian monies up late, rupiah gains

Most Asian monies up late, rupiah gainsAlan Yonan Jr., Dow Jones, Singapore Most Asian currencies strengthened Wednesday as expectations of further declines in U.S. stock prices and Middle East tensions fueled investor disenchantment with the dollar.

Rupiah Rates June 19

Rupiah Rates June 19 JP/13/ConverRupiah Rates June 19 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S. dollar 1 9,170.00 8,170.00 8,713.00 8,627.00 Australian dollar 1 5,117.78 4,555.59 4,862.73 4,810.42Brunei dollar 1 5,121.47 4,560.42 4,866.24 4,815.

Refugees expect firm law enforcement in Poso

Refugees expect firm law enforcement in PosoJupriadi, The Jakarta Post, Poso, Central Sulawesi After two years of subsisting in refugee camps, both the Christian and Muslim communities, forced out of their homes following sectarian conflict in Poso regency, are now expecting the authorities to...

TV Program: Thursday, June 20, 2002

TV Program: Thursday, June 20, 2002TVRI 5:00 a.m. Religious Teachings6:00 News8:30 Children's Program9:30 Cooking Program10:30 Documentary11:00 Regional News11:30 Music12:00 p.m. News1:00 Talk Show2:00 News3:30 Cartoon4:00 TV Drama6:00 News7:00 Talk Show9:00 News9:30 Music: Country Road11:00 Talk...

Painted 'kebaya', Bali's new fashion trademark

Painted 'kebaya', Bali's new fashion trademarkTri Vivi Suryani, Contributor, Denpasar, Bali Traditional blouses, or kebaya, are inseparable from the lives of many Balinese women.They wear lace, cotton or silk kebaya, along with intricate songket woven cloth or batik wrapped cloth, at almost every...

UMNO told to get into election mood

UMNO told to get into election moodJalil Hamid, Reuters, Kuala Lumpur Malaysia's ruling party leaders whipped up expectations of an early election on the eve of their annual party conference, with the Islamic opposition's image still suffering from a militancy scare after Sept. 11.

New forum is "missing link" for Asian cooperation: Singapore FM

New forum is "missing link" for Asian cooperation: Singapore FM Agencies Cha-Am, ThailandSingapore Foreign Minister Shunmugam Jayakumar on Wednesday praised a new Asian forum as a "missing link" for regional dialog.

* Headlines: Media cross-ownership to be limited 3

* Headlines: Media cross-ownership to be limited 3 * National: 191 lawmakers took out loans from Banpres 4 * Archipelago: 3 killed in communal clash in S. Sulawesi 5 * Opinion: Economic recovery needs more than stability 6 * City: Activist, bureaucrat run in election 8 * World: Israel to retake...