Indonesian Political, Business & Finance News

Archive: 7 June 2002

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Umar wins gold as Indonesia Tiger captures overall title

Umar wins gold as Indonesia Tiger captures overall title Musthofid, The Jakarta Post, Jakarta Umar Syarif took home one of the two gold medals for the host team on the final day of the Indonesian Open karate tournament as the Indonesia Tiger emerged as the overall winner after three days of heavy competition. The tournament, which featured 16 teams from 15 countries, ended at the Bung Karno indoor tennis stadium on Thursday with the Tigers finishing on top with five golds.

IBRA plans to sell four more banks

IBRA plans to sell four more banks The Jakarta Post, Jakarta The Indonesian Bank Restructuring Agency (IBRA) plans to sell government shares in the publicly-listed Bank Danamon and Lippo Bank in the second half of this year, and in two other banks next year.

Students tried for deadly attack

Students tried for deadly attack JAKARTA: Three students of the Jakarta Arts Institute went on trial at the Central Jakarta District Court on Thursday for a fatal attack on a fellow student in March. Defendants Asep Suryaman, Fajar Sugeng and Ali Gufron, along with four other defendants, who will be tried separately, allegedly mobbed Ardyles Bardi to death for stealing Asep's mobile phone, according to the indictment.

Wolfowitz's remarks

Wolfowitz's remarks The Jakarta Post of June 1, 2002 published an article about a remark from Wolfowitz, the Deputy U.S. defense secretary and a former ambassador to Indonesia. He is quoted as urging the Indonesian Military to reform itself. This is a rather strange remark, considering that the Indonesian Military had decided a long time ago to reform itself, even when there was no pressure from the U.S.

Foreign investors show interest in IBRA loan assets

Foreign investors show interest in IBRA loan assets Dadan Wijaksana, The Jakarta Post, Jakarta More than 140 investors, including foreign financial institutions, have expressed interest in purchasing bank loan assets worth more than Rp 150 trillion (about US$17 billion), held by the Indonesian Bank Restructuring Agency (IBRA), now on offer for sale.

Construction of Seroja Monument begins

Construction of Seroja Monument begins President Megawati Soekarnoputri (left) shook hands with Seroja veterans after laying the first stone at a ceremony on Thursday to mark construction of the Seroja Monument, to commemorate the 3,625 Indonesian soldiers killed in the former Indonesian province of East Timor.

Lee and paranoia about Islam

Lee and paranoia about Islam Is the charismatic leader of the neighboring Singapore, Lee Kuan Yew, suffering from paranoia about Islam? The answer is yes! Lee's negative perception of Islam is clear in his statements, which have frequently challenged Islam. Lee's intentions were seen in his opening address to a security conference of Asian countries in Singapore last Friday. Lee stated that, at present, the threats against Southeast Asia came from Muslim extremist groups.

TV Program: Friday, June 7, 2002

TV Program: Friday, June 7, 2002 TVRI .tb .30" .90" 5:00 a.m. Religious Teachings 6:00 News 8:00 Environment 8:30 Children's Program 9:00 Cooking Program 10:00 Technology 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: Jazz Club 11:00 Puppet Show TPI 5:30 a.m. Religious Teachings 7:00 Quiz 8:00 Music 9:30 Enter News 10:00 Music 11:00 Quiz 12:00 p.m.

Gandrik back with 'Mas Tom'

Gandrik back with 'Mas Tom' Asip A. Hasani & Blontank Poer, The Jakarta Post, Yogyakarta After staging the successful Brigade Maling (The Thieves Brigade) here and abroad three years ago, Teater Gandrik of Yogyakarta returns to the stage, entertaining the public in Jakarta this weekend and Yogyakarta next week with a play titled Mas Tom.

Vote of no confidence

Vote of no confidence From Rakyat Merdeka The people have struggled for four years in search of a democratic state mechanism. The fall of the New Order regime, it turns out, has not also meant the end to authoritarianism in this country. The scenario of the state administered by the state executives remains unchanged. It is underlined by a management of the state with a conspiracy of interests that does not pay attention to or carry out the people's mandate.

Thumb-up given to new tax office

Thumb-up given to new tax office Rendi A. Witular, The Jakarta Post, Jakarta Businessmen and experts praised Wednesday the establishment of a special office to collect taxes from the country's largest taxpayers, but warned the new office could become another corrupt institution like other tax offices of the country unless it is filled by clean officials.

Jakarta Fair to be made more accessible

Jakarta Fair to be made more accessible Leo Wahyudi S, The Jakarta Post, Jakarta Jakartans will have easier access to the Kemayoran Fairground, Central Jakarta, for the 2002 Jakarta Fair, which will open on June 14 through to July 14, as the organizers have promised to provide shuttle buses from downtown to the arena.

Capacity 21 project launched

Capacity 21 project launched Fabiola Desy Unidjaja, The Jakarta Post, Nusa Dua, Bali The United Nations Development Program (UNDP) launched here on Thursday evening its Capacity 21 project to empower the people in fulfilling their own basic needs for water and energy, and in fighting against poverty.

Sofjan admits to faults, throws ball in police's court

Sofjan admits to faults, throws ball in police's court Yogita Tahilramani The Jakarta Post Jakarta In an inquiry led by National Police generals, Comr. Gen. Sofjan Jacoeb said on Thursday that he had issued temporary vehicle documents for 11 Mercedes Benzes, allegedly smuggled in from Singapore, during and after his term as South Sulawesi Police chief ended last year. National Police inspector-general Comr. Gen.

Prambanan temple

Prambanan temple for prayers From Kompas With reference to the letter sent by I Nyoman Mettayasa from Tabanan, Bali, regarding the permit for conducting prayers at the Prambanan temple in Yogyakarta, it should be noted that as the nation's cultural heritage, Prambanan is safeguarded by Law No.5/1992 on protected cultural sites. This law was promulgated on March 24, 1992 in the Statute Book of the Republic of Indonesia No.27/1992, so that everybody is assumed to be cognizant of it.

Environtmental damage 'causes people misery'

Environtmental damage 'causes people misery' A'an Suryana, The Jakarta Post, Nusa Dua, Bali High population growth, industrialization and inefficient lifestyles have damaged the environment greatly in the last 30 years, bringing misery to people, according to a report by the United Nations Environment Program (UNEP).

1. CPO (4x10)

1. CPO (4x10) CPO price shoots to three-year high 2. Loan (2x25) Foreign investors show interest in IBRA loans 3. IBRA (1x30) IBRA to sell four more banks 4. Tin (2x20) Timah sees tin prices increasing this year

Part 1 of 2

Part 1 of 2 The ascendancy of terrorism as a worldwide threat Mohamad Najib Tun Abdul Razak Minister of Defense Malaysia 2. Jonathan -- Whom should we blame for a nuclear war between Indian and 1 X 48 36pt Bodoni Who's to blame for war in South Asia? Jonathan Power Columnist London 3. RIA -- China the largest importer of Russian-made weapons 2 X 22 36pt Bodoni China the largest importer of Russian-made weapons Mikhail Khodarenok RIA Novosti Moscow

Selling $17b in bad loans

Selling $17b in bad loans For the next three months domestic and foreign investors will be digging into the heap of financial ruins from the banking collapse trying to find and purchase prize assets among the US$17 billion worth of dud loans put on sale on Monday by the Indonesian Bank Restructuring Agency (IBRA).

Also look at your backyard

Also look at your backyard I would like to comment on Goenawan Mohamad's opinion on May 31 in The Jakarta Post titled How to get a Dutch Visa. I can indeed sympathize with Goenawan's statement about how to get a visa. However, any foreigner who has approached the Indonesian Embassy in Singapore will understand how frustrating applying for a visa can be.

JP/15/N01

JP/15/N01 JP/13/Conver Rupiah Rates June 6. Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S.

Garbage incinerators operated inefficiently

Garbage incinerators operated inefficiently Bambang Nurbianto, The Jakarta Post, Jakarta While the City Sanitation Agency is rocked by alleged graft related to the purchase of 10 incinerators funded by last year's city budget, the facts show that a number of incinerators that were purchased earlier were not properly operated.

CPO price shoots to three-year high

CPO price shoots to three-year high The Jakarta Post, Jakarta The price of crude palm oil (CPO) hit a three-year high of about US$415 per ton on Thursday due to rising demand, chairman of the Indonesian Palm Oil Producers Association? (Gapki) Derom Bangun said. He added that a reduction in supply of sunflower oil, a substitute for CPO, had increased demand for the latter commodity. "There has been a high demand in the market," he told The Jakarta Post.

PALYJA to double investment

PALYJA to double investment to improve clean water supply PT PAM Lyonaise Jaya (PALYJA), a subsidiary of ONDEO Services of France, will more than double its investment to improve and expand the supply of clean water in western Jakarta.

Astra asks Daihatsu to lift stake

Astra asks Daihatsu to lift stake BALI: P.T. Astra International, the largest automaker in Indonesia, is asking Daihatsu Motor Co. to raise its stake in their local joint venture, the Nihon Keizai Shimbun reported in its Thursday evening edition, citing sources close to the matter. Astra appears to be asking for more funds and personnel from Daihatsu in return for ceding management control to the Japanese partner.

Papuan leaders want troops withdrawn

Papuan leaders want troops withdrawn Kurniawan Hari, The Jakarta Post, Jakarta Leading Papuan figures urged President Megawati Soekarnoputri on Thursday to declare the province a peace zone and pull out all troops recruited from outside the province. "For the sake of peace, troops recruited from outside the province should be pulled out of Papua," said Rev. Agustin Iwangin Tanamal at a meeting with House Speaker Akbar Tandjung and legislators Astrid S. Susanto and Syaiful Rachman here.

Don't boycott PrepCom IV outcome, delegates plead

Don't boycott PrepCom IV outcome, delegates plead Tantri Yuliandini, The Jakarta Post, Nusa Dua, Bali Government delegates called for local non-governmental organizations (NGOs) and civil society groups not to boycott the results of the ongoing UN meeting in Bali and instead keep on voicing and fighting for the welfare of the common people through to the World Summit on Sustainable Development in Johannesburg.

Pronk tells leaders to come to Johannesburg

Pronk tells leaders to come to Johannesburg The Jakarta Post, Nusa Dua, Bali When traffic jams clog the streets of Johannesburg, when hotels are overbooked for weeks, when thousands of people from around the globe descend on the city, South Africa will have Jan Pronk to thank. Pronk is the Netherlands' environment minister, as well as the former chairman of the now-defunct International Consultative Group on Indonesia.

Protest hits Ketapang harbor

Protest hits Ketapang harbor DENPASAR, Bali: For several hours on Thursday afternoon the traffic flow between the island of Java and Bali was brought to a virtual halt after several private companies that own 13 out of the 18 ferries in Ketapang harbor, East Java, staged a protest to demand higher fares by halting ferry services. Ketapang harbor is the main, and the only, ferry port that connects Java with Bali.

Crash victims sue train company

Crash victims sue train company Muninggar Sri Saraswati, The Jakarta Post, Jakarta Relatives of those killed in the horror train crash in Brebes, Central Java, last year and the survivors are suing state-owned railway company PT KAI and the government for Rp 2.7 billion in a class-action lawsuit. The Ministry of Transportation, the Ministry of the State- Owned Enterprise Empowerment and the Ministry of Finance appeared as the accused at the Central Jakarta District Court on Thursday.

TOLONG DITAMBAHKAN ke 5AMBON

TOLONG DITAMBAHKAN ke 5AMBON The provocation complaints against Theo were reported by Laskar Jihad to the National Police last month, with Theo being accused of having delivered provocative speeches in Maluku.

'RCTI' criticized as 70m viewers miss World Cup

'RCTI' criticized as 70m viewers miss World Cup Muhammad Nafik and Kurniawan Hari The Jakarta Post Jakarta Holding the sole rights in Indonesia to broadcast the World Cup on television could turn out to be a poisoned chalice for RCTI as the House of Representatives condemned the country's oldest private television channel for ignoring the fate of 70 million potential viewers who were missing out on the month-long spectacular.

Djoko vows to end Maluku's military-police conflict

Djoko vows to end Maluku's military-police conflict Tertiani ZB Simanjuntak and Oktovianus Pinontoan, The Jakarta Post, Jakarta Newly appointed Chief of the Security Restoration Operations Command in Maluku Maj. Gen. Djoko Santoso vowed on Thursday that last month's Kudamati incident would be the last conflict between military and police deployed in the troubled region. "I'm determined to make it (the incident) the last conflict.

What will be the likely outcome of Joburg Summit?

What will be the likely outcome of Joburg Summit? Agus P. Sari, Executive Director of Pelangi, an Environmental Research Institute, Based in Jakarta The Bali preparatory committee meeting was meant to prepare material for the World Summit on Sustainable Development in Johannesburg to address a range of issues from helping millions out of poverty to protecting the environment.

Timah sees tin prices increasing this year

Timah sees tin prices increasing this year Moch. N. Kurniawan, The Jakarta Post, Jakarta Publicly listed tin mining company PT Timah said on Thursday it expected tin prices to rise to US$4,600 per ton in the second half of this year, from the current level of $4,100 per ton. Timah president Thobrani Alwi said the ban on tin ore exports and joint measures by major tin producers to limit output should help boost sagging tin prices.

Three rebels killed in Aceh

Three rebels killed in Aceh BANDA ACEH, Aceh: Three Free Aceh Movement (GAM) rebels were killed in a fierce clash with the military in Krueng Meuriam village, some 160 kilometers southeast of Banda Aceh, on Thursday, a Military officer said. Lt. Col. Supartodi, local Military spokesman, said that the incident took place when hundreds of military personnel were removing a roadblock set up by the rebels. The rebels have blocked roads with trees over the past couple of days.

Public order officers should be more 'humane'

Public order officers should be more 'humane' Ahmad Junaidi, The Jakarta Post, Jakarta For public order officers, slapping, kicking and beating people at work is not a taboo at all. They often use force when evicting side-walk vendors, riverbank squatters or becak (pedicab) drivers. As the eviction is often accompanied by violence, the public, as well as activists, have strongly criticized the officers for not only violating human rights, but also for being "inhuman".

Army marks change of guard in anusual show of force

Army marks change of guard in anusual show of force Tiarma Siboro, The Jakarta Post, Jakarta After a seven-year lapse, the Army celebrated the succession to its top post with a show of force at the Senayan parking lot in Jakarta on Thursday. Around 3,000 troops and dozens of military vehicles, including tanks and armored cars, joined the ceremony, making it the largest parade in the capital since July last year. Gen.

Jakarta Fair more accessible to the public

Jakarta Fair more accessible to the public Leo Wahyudi S The Jakarta Post Jakarta Jakartans will have easier access to the Kemayoran Fairground, Central Jakarta, for the 2002 Jakarta Fair, which will open on June 14 through to July 14, as the organizers have promised to provide shuttle buses from downtown to the arena.

Greenpeace protest foiled

Greenpeace protest foiled The Arctic Sunrise sails past Nusa Dua beach as a fisherman casts out his line. However, the boat's crew of Greenpeace activists was barred on Thursday by locals from making a protest statement by tossing a three-headed ogoh-ogoh monster effigy into the sea. The local Pecalang, or village security men, contended that the ogoh-ogoh could only be thrown into the sea once a year -- before the day of silence or nyepi celebration.

Policemen stop work for soccer

Policemen stop work for soccer The Indonesian passion for soccer apparently has even affected the police who are meant to be securing the preparatory committee (PrepCom) meeting on sustainable development in Bali. Not even policemen on duty could resist the temptation to watch the soccer games, especially when the match was being shown live from the World Cup in South Korea and Japan.

Children's protection bill condemned

Children's protection bill condemned Debbie A. Lubis, The Jakarta Post, Jakarta Non-governmental organization activists harshly criticized the bill on children's protection being deliberated by the House of Representatives for what they claimed was a lack of details, vague sanctions and an absence of a watchdog committee.

Bali Commitment in limbo as talks near end

Bali Commitment in limbo as talks near end The Jakarta Post Nusa Dua, Bali Uncertainties continued to cloud the fate of the Bali Commitment in the final hours of negotiation, as its draft plan on sustainable development remained clogged with unresolved issues, leading to either weaker commitments, or more negotiation in Johannesburg, South Africa. The Indonesian delegation reiterated on Thursday that the talks would end in Bali despite statements by senior UN officials indicating otherwise.

NGO's call for a stronger garmers' union

NGO's call for a stronger garmers' union Tantri Yuliandini, The Jakarta Post, Nusa Dua, Bali International non-governmental organizations (NGOs) have called for a globally integrated federation of farmers to face the threat of liberalized trade. Executive director for the Indonesian Forum for the Environment (Walhi) Emmy Hafild said on Thursday that it was too risky to rely on a free regional market or global market for food security.

Indonesia told to learn from U.S. on ethnic equality

Indonesia told to learn from U.S. on ethnic equality Muhammad Nafik, The Jakarta Post, Jakarta Indonesia should learn from the United States on how that country has integrated those of Chinese descent into its society, says a scholar from the University of Indonesia.

* Headlines: RI told to learn from U.S. on racial equality 2

* Headlines: RI told to learn from U.S. on racial equality 2 * National: Anti-human trafficking law urgent: Experts 4 * Archipelago: Poso people urged to avoid provocation 5 * Opinion: Haircuts for small businesses 6 * City:Garbage incinerators operated inefficiently8 * World: Israeli troops, tanks destroy Arafat HQ9 * Sports: Indonesia Tiger seizes overall title 10 * Business:Thumbs-up given to new tax office 16 * Features: Gandrik back with 'Mas Tom'18

12.5 percent of Jakartans poor

12.5 percent of Jakartans poor JAKARTA: Twelve percent of people in Jakarta are poor, a survey conducted by the city chapter of the National Family Planning Board (BKKBN) says. Haryono Suyono, head of the central office of BKKBN, told a seminar on population that its survey in February this year found that of a total of 1,429,000 families in the city, about 114,290 were poor.

Executive, legislature race to use up budget money

Executive, legislature race to use up budget money Oyos Saroso HN, The Jakarta Post, Bandarlampung The Lampung provincial administration is seeking approval from the Legislative Council to secure Rp 6,091 billion from a supplementary budget to procure 22 official cars, including seven for provincial councillors. In turn, the Provincial Legislative Council is seeking to obtain Rp 2 billion from the council's routine budget for the procurement of 16 official cars for councillors.

Astra asks Daihatsu to lift stake

Astra asks Daihatsu to lift stake BALI: P.T. Astra International, the largest automaker in Indonesia, is asking Daihatsu Motor Co. to raise its stake in their local joint venture, the Nihon Keizai Shimbun reported in its Thursday evening edition, citing sources close to the matter. Astra appears to be asking for more funds and personnel from Daihatsu in return for ceding management control to the Japanese partner.

Sumatran tiger faces extinction

Sumatran tiger faces extinction Haidir Anwar Tanjung Pekanbaru Rampant hunting and illegal logging in the Bukit Tigapuluh National Park in the province of Riau have pushed Sumatran tigers (Panthera Tigris Sumatraensis) there to the brink of extinction, an activist said. Yuyu Arlan of the World Wildlife Fund for Nature's (WWF) Indonesian Tiger Project said on Thursday that the number of Sumatran tigers in the park had decreased significantly over the past few years.