Indonesian Political, Business & Finance News

Archive: 28 June 2002

75 articles found

Aceh refugees demand compensation

Aceh refugees demand compensationApriadi Gunawan, The Jakarta Post, Medan Some 1,000 Acehnese refugees staged a protest in front of the North Smatra provincial legislature on Thursday, asking the government to keep its promise to provide them with financial assistance.

Govt resumes massive toll road projects

Govt resumes massive toll road projectsBerni K. Moestafa The Jakarta Post Jakarta The government is planning to build 4,400 kilometers of toll roads across the country, and is adopting a new tariff policy to lure investors, a senior government official said on Thursday.

Police, judiciary, mere weapons of harassment

Police, judiciary, mere weapons of harassmentTodd Callahan and Reinhard Hoenighaus, Contributors, Jakarta The recent bankruptcy ruling against financially sound PT Asuransi Jiwa Manulife Indonesia (Manulife) by the Central Jakarta Commercial Court has left Indonesia's already severely tested...

Indonesian Imron survives Thamrin Cup third round

Indonesian Imron survives Thamrin Cup third roundMusthofid, The Jakarta Post, Jakarta Al Imron overcame Wu Yi Ming of Chinese Taipei 7-5, 6-2 in the third round here on Thursday to become the only Indonesian in the quarterfinal round of the Boy's category in the Thamrin Cup International Junior...

BNI plans to issue bonds

BNI plans to issue bonds JAKARTA: State-run PT Bank Negara Indonesia plans to issue bonds later this year to boost its capitalization and make itself more attractive to prospective investors.The bank will issue the bonds in the fourth quarter of the year at the latest, BNI's treasury general...

Speedy help needed for SMEs: KPEN

Speedy help needed for SMEs: KPENFitri Wulandari, The Jakarta Post, Jakarta The National Economy Recovery Committee (KPEN) urged the government to speed up the restructuring of debts owed by small and medium enterprises (SMEs), and to apply tariffs on four commodities to protect domestic industry.

RI kids due at World Cup final

RI kids due at World Cup final JAKARTA: Two Indonesian children will take part at the 2002 World Cup finals in Yokohama, Japan, on Sunday by escorting players as part of the Player Escort Program.The program was jointly organized by fastfood chain McDonald's, soccer world governing body FIFA and...

1. Press 2 x 30

1. Press 2 x 30 Legislators, editors reject tax on reading material 2. AGAMA 1 x 50 Pressure builds for scrapping of religion ministry 3. HEALTH 4 x 12 Eating vegetables can reduce cancer risk 4. Komnas 24 'Rights body must boost mediation role'

AJMI gets new receiver, resumes operations

AJMI gets new receiver, resumes operationsThe Jakarta Post, Jakarta The Commercial Court appointed a new receiver for PT Asuransi Jiwa Manulife Indonesia (AJMI) on Thursday, paving the way for the firm to fully resume operations after it was forced to close its 73 branches last week following a...

Kompas daily proceeds with legal process on assault case

Kompas daily proceeds with legal process on assault caseFabiola Desy Unidjaja The Jakarta Post JakartaAs part of the campaign to put an end to the long list of assaults against the Indonesian media, Kompas daily vowed on Thursday to proceed with the legal process against the police for beating one...

1. RUU -- 35 x 1

1. RUU -- 35 x 1 Observers differ on 1999 poll credibility 2. Xanana -- 24 x 1 Xanana to visit Jakarta on July 2 3. Zamboanga -- 24 x 2 Pirates want ransom to cover cost of abduction: Official 4. Refugee -- 27 x 1 UN to return 16 children to E. Timor

'Kompas' enraged by assault case

'Kompas' enraged by assault caseFabiola Desy Unidjaja, The Jakarta Post, Jakarta As part of the campaign to put an end to the long list of assaults against the Indonesian media, Kompas daily vowed on Thursday to proceed with the legal process against the police for beating one of its reporters...

Jakarta governor must be Betawi

Jakarta governor must be BetawiFrom KompasThe incumbent governor of Jakarta is not indigenous to Jakarta (Betawi) so it is not advisable for him to run for a second term as governor.For the same reason, the cadres of the Indonesian Democratic Party of Struggle (PDI Perjuangan) in the City Council...

Aceh refugees ask for compensation

Aceh refugees ask for compensationApriadi Gunawan The Jakarta Post MedanSome 1,000 Acehnese refugees staged a protest in front of the North Smatra provincial legislature on Thursday, asking the government to keep its promise to provide them with financial assistance.

1. UPS ( 1 x 35)

1. UPS ( 1 x 35) RI needs efficacious regulations: UPS 2. Fed (1 x 40)Fed maintains rates, seen on hold for months 3. Rich ( 1 x 45) Rich countries to boost debt relief by US$1b JP/16/Rich 4. Suite ( 1 x 40) Oracle offers package for mid-sized businesses

Traditional art shows enjoy popularity

Traditional art shows enjoy popularityYusuf Susilo Hartono, Contributor, Jakarta A close observation of traditional art shows and programs on radio and television shows that there have been encouraging developments over the past five years.

APP plans legal action against creditors

APP plans legal action against creditorsDow Jones, Jakarta Asia Pulp & Paper Co. said Thursday it will fight a recent petition at the Singapore High Court by two of its creditors to put the company under judicial management while it restructures US$13.4 billion in debt.

Adios Amigos, starting June 30

Adios Amigos, starting June 30 JAKARTA: PT Setiamandiri Mitratama Tbk. is closing down Amigos Restaurant, or The Green Pub, in the Djakarta Theater building on June 30.Established in 1980 by Kiki Sailan and Ron Mullers, Amigos, which mainly serves Mexican food, has been operating in the city for 22...

JP/13/L06

JP/13/L06 JP/13/ConverRupiah Rates June 27Bank notes rates TT ratesSelling Buying Selling BuyingRp Rp Rp Rp U.S. dollar 1 9,190.00 8,190.00 8,733.00 8,647.00Australian dollar 1 5,192.35 4,623.26 4,934.15 4,881.23Brunei dollar 1 5,204.73 4,635.76 4,945.91 4,894.44Canadian dollar 1 6,060.81 5,397.

AJMI gets new receiver, resumes operation

AJMI gets new receiver, resumes operationThe Jakarta Post Jakarta The Commercial Court granted a new receiver for PT Asuransi Jiwa Manulife Indonesia (AJMI) on Thursday, paving the way for the firm to fully resume operations after it was forced to close all 73 branches last week following a...

Legislators, editors reject tax on reading materials

Legislators, editors reject tax on reading materialsKurniawan Hari, The Jakarta Post, Jakarta In an effort to lower book, newspaper and magazines prices, editors and legislators on Thursday agreed to demand the government remove the imposition of value-added tax (VAT) on reading material.

Kompas daily proceeds with legal process on assault case

Kompas daily proceeds with legal process on assault caseFabiola Desy Unidjaja The Jakarta Post JakartaAs part of the campaign to put an end to the long list of assaults against the Indonesian media, Kompas daily vowed on Thursday to proceed with the legal process against the police for beating one...

1. RUU -- 35 x 1

1. RUU -- 35 x 1 Observers differ on 1999 poll credibility 2. Xanana -- 24 x 1 Xanana to visit Jakarta on July 2 3. Zamboanga -- 24 x 2 Pirates want ransom to cover cost of abduction: Official 4. Refugee -- 27 x 1 UN to return 16 children to E. Timor

Xanana to arrive in Jakarta on July 2

Xanana to arrive in Jakarta on July 2Fabiola Desy Unidjaja, The Jakarta Post, Jakarta President Xanana Gusmao of the newly established state of East Timor is scheduled to arrive here on July 2 for a three-day state visit to Indonesia, the second country he will have visited after the former 27th...

The poor Islamic school of Indonesia

The poor Islamic school of IndonesiaSanti W.E. Soekanto, Contributor, Jakarta While the international media spotlight recently fell on one madrasah (Islamic school) in Indonesia, the vast majority of these schools do not have anywhere near such a dramatic existence.

Editors reject 'excessive' label

Editors reject 'excessive' label JAKARTA: Several editors refuted on Thursday claims that the Indonesian press had got out of control in the current reform era.Despite the absence of clear criteria and definition on whether or not the press had become "excessive", such labels would only disturb the...

Progress made in KPC divestment

Progress made in KPC divestment JAKARTA: Shareholders of coal mining company PT Kaltim Prima Coal (KPC) -- Anglo-Australian mining giant Rio Tinto Plc and Anglo-American energy firm BP Plc -- have reportedly made some progress in talks with the government over the coal company's divestment.

Protecting foreign maids

Protecting foreign maids I refer to two articles, titled 20 RI maids seek protection, published in The Jakarta Post on June 10, and Embassy told to act on maid abuse, published on June 11.It is extremely unfortunate that there have been cases of abuse involving Indonesian maids in Singapore.

'Work hard and you will survive in Jakarta'

'Work hard and you will survive in Jakarta' Life is not easy in Jakarta. But this doesn't necessarily mean that you won't survive. Some residents say they love the city as it provides job opportunities for those who really want to work.

Thousands deported in crackdown

Thousands deported in crackdown MALAYSIA: More than 15,000 illegal immigrants were deported from Malaysia's Sabah state on Borneo island in three months this year, a police spokesman said on Thursday.A total of 15,852 people, mostly from Indonesia and the Philippines, were sent home between...

Eurico facing life sentence for murder, torture

Eurico facing life sentence for murder, tortureTertiani ZB Simanjuntak, The Jakarta Post, Jakarta Eurico Guterres, former commander of the pro-Jakarta Aitarak militia in East Timor, stood trial at the Central Jakarta District Court on charges of murder and torture in the attacks on East Timorese...

Quality control program for 'madrasah'

Quality control program for 'madrasah'Maya Dahlan, Contributor, Jakarta Renowned educator Arief Rahman has suggested that the government and operators of 35,000 madrasah (Islamic school) in the country apply a "quality control program", namely tightening up selection procedures, improving...

Bus owners protest over bus seizure

Bus owners protest over bus seizure CIREBON: Hundreds of bus owners grouped under the West Java and Central Java Organization of Land Transportation Owners (Organda) demanded on Thursday the release of 117 buses currently impounded by the Jakarta office of the Ministry of Transportation, apparently...

AJMI gets new receiver, resumes operations

AJMI gets new receiver, resumes operationsThe Jakarta Post Jakarta The Commercial Court appointed a new receiver for PT Asuransi Jiwa Manulife Indonesia (AJMI) on Thursday, paving the way for the firm to fully resume operations after it was forced to close its 73 branches last week following a...

Dow Jones

Dow Jones Jakarta Asia Pulp & Paper Co. said Thursday it will fight a recent petition at the Singapore High Court by two of its creditors to put the company under judicial management while it restructures $13.4 billion in debt.

Sudan to build university in RI

Sudan to build university in RI JAKARTA: Minister of Foreign Affairs Hasan Wirayuda announced on Wednesday that the Sudanese government was preparing to establish a university in Indonesia.The plan was part of Sudan's efforts to increase its cooperation with Indonesia in various areas of...

Govt to resume major toll road projects: Official

Govt to resume major toll road projects: OfficialThe Jakarta Post, Jakarta The government is planning to build 4,400 kilometers of toll roads across the country, and is adopting a new tariff policy to lure investors, a senior government official said on Thursday.

Rasdullah, governor for the poor

Rasdullah, governor for the poorAhmad Junaidi, The Jakarta Post, Jakarta He is an ordinary man, like many other Indonesians. Looking at his physical appearance, there is nothing really special about him. But some things do set him apart.

All KPU members threaten to quit if election bill passed

All KPU members threaten to quit if election bill passedMuhammad Nafik, The Jakarta Post, Jakarta All 11 members of the General Elections Commission (KPU) have threatened to resign en masse if the House of Representatives passes a new election bill that would effectively undermine the commission's...

Megawati kills democracy: Experts

Megawati kills democracy: ExpertsAhmad Junaidi, The Jakarta Post, Jakarta Political experts criticized chairwoman of the Indonesian Democratic Party of Struggle (PDI Perjuangan) Megawati Soekarnoputri dubbing her a "democracy killer" for defying her party's aspirations by supporting the reelection...

Pressure builds for scrapping of religion ministry

Pressure builds for scrapping of religion ministryMuhammad Nafik, The Jakarta Post, Jakarta Calls are mounting for the government to revamp or scrap altogether the Ministry of Religious Affairs following a recent proposal to establish a joint religion office to promote interfaith harmony.

Quake barely noticed in Jakarta

Quake barely noticed in JakartaMuninggar Sri Saraswati, The Jakarta Post , Jakarta An earthquake measuring 5.9 on the Richter scale was felt in the capital on Thursday at 12:50 p.m., but there was no reports of casualties or damage.

Pirates want ransom to cover cost of abduction: Official

Pirates want ransom to cover cost of abduction: OfficialAgencies, Zamboanga, Philippines A group of pirates in the southern Philippines is demanding a ransom of 100,000 pesos ($2,000) for three Indonesians kidnapped from a tugboat last week, saying they only want to be reimbursed for cost of the...

RI kids due at World Cup final

RI kids due at World Cup final JAKARTA: Two Indonesian children will take part at the 2002 World Cup finals in Yokohama, Japan, on Sunday by escorting players as part of the Player Escort Program.The program was jointly organized by fastfood chain McDonald's, soccer world governing body FIFA and...

BP sued by local company

BP sued by local company JAKARTA: A local supplier company sued the British-American petroleum company BP at the South Jakarta District Court for allegedly suspending their contract unlawfully.PT Mestaco Swarnadwipa demanded the court announce that BP was against the law by violating the contract...

Maspion returns to six-day working week

Maspion returns to six-day working weekFabiola Desy Unidjaja, The Jakarta Post, Jakarta The management of plastic goods producer PT Maspion eventually heeded to the demands of its employees and scrapped its five-day working week regulation, which had prompted thousands of its workers to go on...

KPU members threaten resignation

KPU members threaten resignationMuhammad Nafik The Jakarta Post JakartaAll 11 members of the General Elections Commission (KPU) have threatened to resign en masse if the House of Representatives passes a new election bill that would effectively undermine the commission's independence.

East flood canal project depends on CGI loan

East flood canal project depends on CGI loanBambang Nurbianto, The Jakarta Post, Jakarta The construction of the East Flood Canal might be postponed indefinitely as it is wholly dependent on a loan from the Consultative Group on Indonesia (CGI), a group of foreign donors.

RI needs efficacious regulations: UPS

RI needs efficacious regulations: UPSTertiani ZB Simanjuntak, The Jakarta Post, Jakarta/Singapore/Clark Indonesia has the potential to attract more international courier businesses that will eventually boost the country's international trade.However, domestic hurdles remain high.

Alex Komang makes ideal bandit

Alex Komang makes ideal bandit JAKARTA: There is a suspicion that the appointment of actor Alex Komang for the part of Medasing in Helmy Yahya's new TV drama Anak Perawan di Sarang Penyamun (Virgin in the Bandit's Lair) is not only because of the famed actor's acting talent, but also because of the...

150 workers suffer food poisoning

150 workers suffer food poisoning JAKARTA: Around 150 workers at the Carrefour hypermarket in Lebak Bulus, South Jakarta, suffered from food poisoning and were rushed to the Setia Mitra Hospital on Jl. R.S. Fatmawati, South Jakarta, on Thursday.

Govt resumes massive toll road projects

Govt resumes massive toll road projectsThe Jakarta Post Jakarta The government is planning to build 4,400 kilometers of toll roads across the country, and is adopting a new tariff policy to lure investors, a senior government official said on Thursday.

KPU members threaten resignation

KPU members threaten resignationMuhammad Nafik The Jakarta Post JakartaAll 11 members of the General Elections Commission (KPU) have threatened to resign en masse if the House of Representatives passes a new election bill that would effectively undermine the commission's independence.

Nine sportsmen abducted in Aceh

Nine sportsmen abducted in Aceh BANDA ACEH: After participating in the Aceh provincial sports week in Sigli, nine athletes and officials from the Aceh Singkil regency were reportedly abducted by a group of unidentified armed men in Peureulak, East Aceh regency, Antara reported on Thursday.

Guthrie to sell RI stake

Guthrie to sell RI stake KUALA LUMPUR: Malaysia's Kumpulan Guthrie Bhd. plans to sell a minority stake in Minamas plantations, its Indonesian oil palm operation, to foreign investors.However, Group Chief Executive Abdul Khalid Ibrahim declined to say how much of a stake.

Observers differ on 1999 poll credibility

Observers differ on 1999 poll credibilityEdith Hartanto and Moch N. Kurniawan, The Jakarta Post, Jakarta Activists do not seem to see eye to eye when it comes to assessing the 1999 election but all agree that the upcoming election has to be better.

Blatant mockery of justice

Blatant mockery of justice Our blood pressure had yet to return to normal from the Manulife scandal when we were yet again flabbergasted upon Hutomo "Tommy" Mandala Putra's revelation during Wednesday's trial that he had visited his family on Jl.

UN to return 16 children to E. Timor

UN to return 16 children to E. TimorAgence France-Presse, Jakarta A group of sixteen East Timorese children who were separated from their parents in the chaos following the August 1999 independence vote will be returned to their parents Friday, a UN refugee agency official said.

Flood canal depends on foreign help

Flood canal depends on foreign helpBambang Nurbianto The Jakarta Post JakartaThe construction of the East Flood Canal might be postponed indefinitely as it is wholly dependent on a loan from the Consultative Group on Indonesia (CGI), a group of foreign donors, which includes Canada and other...

Harun awaits President's OK for governorial bid

Harun awaits President's OK for governorial bidImanuddin, The Jakarta Post, Jakarta With President Megawati Soekarnoputri's approval being the only remaining requirement that Harun Alrasyid has to obtain before he can run for the Jakarta governorship, the incumbent West Nusa Tenggara (NTB) governor...

Oracle offers package for mid-sized businesses

Oracle offers package for mid-sized businessesThe Jakarta Post, Beijing Oracle Corp. will expand its reach to cover medium-sized business in the Asia-Pacific region by preparing a new package that will enable mid-sized companies to implement key business flows of the Oracle E-Business Suite, such...

Newsmen fight Bustanil's supporters

Newsmen fight Bustanil's supporters Journalists and supporters of the former chief of State Logistics Agency (Bulog), Bustanil Arifin, a suspect in a graft case, were involved in a brawl on Thursday when he accompanied the Jakarta Police to submit his dossier to the Jakarta Provincial Prosecutor's...

MPR annual session to cost Rp 20b

MPR annual session to cost Rp 20b JAKARTA: This year's annual session of the People's Consultative Assembly (MPR) scheduled for August, which is expected to approve the final phase of amendments to the 1945 Constitution, will cost around Rp 20 billion, a senior legislator said on Thursday.

Right to vote

Right to voteFrom Koran TempoThe issue of whether military and police personnel have the right to vote during the elections should be tackled wisely. The military and the police themselves are still seeking the best way to act as defenders of the nation according to the People's Consultative...

Political leaders meet at Cholil's residence

Political leaders meet at Cholil's residenceThe Jakarta Post, Jakarta A number of political leaders belonging to a loose grouping of Islamic parties, plus some Golkar Party legislators, met at the residence of deputy speaker of the People's Consultative Assembly (MPR) Cholil Bisri on Jl.

BNI plans to issue bonds

BNI plans to issue bonds JAKARTA: State-run PT Bank Negara Indonesia plans to issue bonds later this year to boost its capitalization and make itself more attractive to prospective investors. The bank will issue the bonds in the fourth quarter of the year at the latest, BNI's treasury general...

KL offers incentives to cargo firms

KL offers incentives to cargo firms KUALA LUMPUR: Malaysia will extend cash incentives to air cargo operators in yet another attempt to boost business at its main international airport, reports said Thursday.

Govt resumes massive toll road projects

Govt resumes massive toll road projectsThe Jakarta Post Jakarta The government is planning to build 4,400 kilometers of toll roads across the country, and is adopting a new tariff policy to lure investors, a senior government official said on Thursday.

Alex Komang makes ideal bandit

Alex Komang makes ideal bandit JAKARTA: There is a suspicion that the appointment of actor Alex Komang for the part of Medasing in Helmy Yahya's new TV drama Anak Perawan di Sarang Penyamun (Virgin in the Bandit's Lair) is not only because of the famed actor's acting talent, but also because of the...

'Rights body must boost mediation role'

'Rights body must boost mediation role'Kurniawan Hari, The Jakarta Post, Jakarta Former human rights minister Hasballah M. Saad criticized the National Commission on Human Rights (Komnas HAM) for focusing only on investigative activities, saying the commission should develop its role of mediation.

Aceh peace talks put at risk as violence rages on

Aceh peace talks put at risk as violence rages onNani Farida, The Jakarta Post, Banda Aceh Activists on Thursday cast doubts over the upcoming Aceh peace talks, as violence continued unabated with neither the separatist Free Aceh Movement (GAM) nor the government willing to back down from...

Lindskog reserved about Olympic Open prospect

Lindskog reserved about Olympic Open prospectMusthofid, The Jakarta Post, Jakarta Reigning golf champion Stephen Atako Linskog appeared reserved about his prospect of defending his title at the upcoming Olympic Open tournament, which will start at the end of next month.

BP sued by local company

BP sued by local company JAKARTA: A local supplier company sued the British-American petroleum company BP at the South Jakarta District Court for allegedly suspending their contract unlawfully.PT Mestaco Swarnadwipa demanded the court announce that BP was against the law by violating the contract...

Legal uncertainty plays part in FDI decline: Theo

Legal uncertainty plays part in FDI decline: TheoDadan Wijaksana, The Jakarta Post, Jakarta Foreign direct investment (FDI) approvals for the first five months of the year has fallen by almost 60 percent over the same period recorded in 2001, failing to keep up with the recent steady signs of...

Investor condition on sewage objected

Investor condition on sewage objected JAKARTA: Assistant to the city secretary for development affairs, Irzal Jamal, said on Thursday that the development of a sewage management system, scheduled to begin this month, has to be delayed as the Memorandum of Implementation (MoI) has yet to be agreed...