Indonesian Political, Business & Finance News

Archive: 17 July 2002

66 articles found

Anticipating the dry season

Anticipating the dry season The dry season has come, bringing drought to many parts of Indonesia. The temperature has also increased in some parts of the country. The weather has also become worse due to the El Nino phenomenon.

Bapepam gains momentum in insider trading probe

Bapepam gains momentum in insider trading probeFitri Wulandari The Jakarta Post JakartaAn investigation into alleged insider trading in the sale of government shares in state-owned telecommunications firm PT Indosat gained momentum after the Capital Market Supervisory Agency (Bapepam) managed to...

Conspiracy to protect Akbar, Golkar revealed by Rahardi's legal team

Conspiracy to protect Akbar, Golkar revealed by Rahardi's legal teamMuninggar Sri Saraswati, The Jakarta Post, Jakarta A lawyer of the former chief of the State Logistics Agency (Bulog) Rahardi Ramelan spoke on Tuesday about a meeting held at the house of former minister of justice Muladi here to...

DJ Asian Currencies Higher Late;Dlr Outlook Remains Bearish

DJ Asian Currencies Higher Late;Dlr Outlook Remains BearishAlan Yonan Jr. Dow Jones Singapore The dollar declined further against most Asian currencies Tuesday, reflecting the increasingly bearish global outlook for corporate America.

What Jakarta's

What Jakarta's governor must do From Sinar Pagi Whoever is elected governor of Jakarta for the 2002-2007 period should improve the social, economic, security and educational conditions of this capital city.

Police fails to meet Tommy

Police fails to meet Tommy JAKARTA: A city police team went to Cipinang Penitentiary in East Jakarta on Tuesday to question Hutomo "Tommy" Mandala Putra, but failed to meet him.Head of the investigative team Comr. Aris Munandar said he was only able to meet Cipinang warden Ngusman.

New bylaw on maids planned

New bylaw on maids plannedThe Jakarta Post, Jakarta The City Council is planning to draft a bylaw to provide legal protection for domestic helpers, which will stipulate the rights and obligations of both the domestic helpers and their employers.

Govt sells 3.1% of Telkom stake in privatization push

Govt sells 3.1% of Telkom stake in privatization pushThe Jakarta Post, Jakarta The government announced on Tuesday that it has raised US$126 million from the sale of a 3.1 percent stake in state-owned telecommunications firm PT Telkom through a placement.

Mappi proposes new body to rid judiciary of corruption

Mappi proposes new body to rid judiciary of corruptionMuhammad Nafik, The Jakarta Post, Jakarta In another sign of distrust of the nation's legal institutions, the Indonesian Judicial Monitoring Society (Mappi) demanded the establishment of an independent body to supervise the judicial process.

House leaders ask for more funds for passage of bills

House leaders ask for more funds for passage of billsFabiola Desy Unidjaja and Kurniawan Hari, The Jakarta Post, Jakarta Legislators are requesting additional funds from the government in order to accelerate the deliberation of bills submitted by members of the House of Representatives.

UI screens rectorial candidates

UI screens rectorial candidatesDamar Harsanto, The Jakarta Post, Jakarta For the first time in history, the University of Indonesia screened candidates for the position of rector on Tuesday."The process is as transparent as possible to prevent collusion and backdoor negotiations in the rectorial...

China LNG tender result soon, as study almost ready: Report

China LNG tender result soon, as study almost ready: ReportDow Jones, Singapore China will announce the winner of the US$13 billion liquefied natural gas supply contract any day now, as the feasibility study on the construction of an LNG terminal in Guangdong will be completed in August, Hong...

China LNG tender result soon, as study almost ready: report

China LNG tender result soon, as study almost ready: report Dow Jones Singapore China will announce the winner of the US$13 billion liquefied natural gas supply contract any day now, as the feasibility study on the construction of an LNG terminal in Guangdong will be completed in August, Hong...

Indira determined to quit, PDI Perjuangan won't accept

Indira determined to quit, PDI Perjuangan won't acceptKurniawan Hari, The Jakarta Post, Jakarta The faction head of the Indonesian Democratic Party of Struggle (PDI Perjuangan) in the House of Representatives, Roy B.B.

The Acehnese have spoken

The Acehnese have spoken When the Acehnese were asked last week whether they would approve of the imposition of a state of civil emergency or martial law in their province, they responded with a resounding No.

Teachers' allowance

Teachers' allowanceFrom Media IndonesiaThe government has decided to raise, as of August 2002, the functional allowance for teachers by 50 percent to 60 percent. Teachers should warmly welcome this good news as it may improve their welfare.

Councillors split over cash payments

Councillors split over cash paymentsYuli Tri Suwarni, The Jakarta Post, Bandung Several members of the provincial legislative council defied on Tuesday the institution's policy to accept cash from the administration to buy plots of land for houses.

Indonesian illegals in Malaysia told to leave

Indonesian illegals in Malaysia told to leaveAgence France-Presse, Kuala Lumpur The Indonesian embassy here on Tuesday appealed to all its citizens living in Malaysia illegally to return home before an amnesty period ends in two weeks.

Kornelius Purba

Kornelius Purba Staff Writer The Jakarta Post Jakarta korpur@yahoo.com 2. Lim -- After growth comes greed, corruption and decay 2 X 30 After growth comes selfishness, then greed and corruption follows Lim Say Boon Director, OCBC Investment Research The Straits Times Singapore

Akbar says House rejects security approach in Aceh

Akbar says House rejects security approach in AcehThe Jakarta Post, Jakarta Within a space of less than one month, the House of Representatives has changed its tune about the government's decision to apply tough new security measures to deal with security problems in restive Aceh.

Export of live turtles foiled

Export of live turtles foiled TANGERANG: Customs and Excise officers at the Soekarno-Hatta International Airport have foiled the illegal export of 1,526 live turtles from Banjarmasin, South Kalimantan, to Ghuangzou, China, through the airport, an official said on Tuesday.

PDI Perjuangan supports Agus Dwikarna's case

PDI Perjuangan supports Agus Dwikarna's caseJupriadi, The Jakarta Post, Makassar, South Sulawesi The South Sulawesi chapter of the Indonesian Democratic Party of Struggle (PDI Perjuangan) demanded on Tuesday that the party include during its incoming congress discussion on the sentencing of...

'Sutiyoso has done nothing for this city'

'Sutiyoso has done nothing for this city' Many residents are disappointed with the performance of City Governor Sutiyoso, whose five-year term will end in October. They say the City Council should reject the governor's accountability speech, which will be presented on Thursday.

Recruitment of civil servants

Recruitment of civil servantsFrom Bisnis IndonesiaState Minister of Administrative Reforms Feisal Tamin was right when briefing officials of echelons I and II in Banten's provincial administration recently.

Seven Acehnese women arrested for protesting: Seven activists

Seven Acehnese women arrested for protesting: Seven activists from the Women's Organization for Democratic Aceh (Orpad) were arrested by police in the provincial capital of Banda Aceh on Tuesday on charges of insulting President Megawati Soekarnoputri and Vice President Hamzah Haz.

Man dies in brawl, seven injured

Man dies in brawl, seven injured JAKARTA: Police have arrested 16 people following Monday's brawl on Jl. Tipar in Cakung between East and North Jakarta, in which one man died and seven others were seriously injured.

2. ACEH: 2 x 25

2. ACEH: 2 x 25 Akbar says House rejects security approach in Aceh 3. PDI: 3 x 17 Internal rifts in PDI Perjuangan set to get worse

Workers' conditions remain poor in Indonesia: Activists

Workers' conditions remain poor in Indonesia: ActivistsThe Jakarta Post, Jakarta Despite the reform era and increasing foreign criticism, the conditions for workers in Indonesia remain poor both economically and politically and so far, no action has been made to rectify it, according to labor...

Legislators told to get serious on political bills

Legislators told to get serious on political billsKurniawan Hari, The Jakarta Post, Jakarta Legislators assigned to deliberate the bills on political parties and general elections, were asked to leave their political interests behind in debate on the bills.

1. JEFRI: 1 LINE, 28 COUNTS

1. JEFRI: 1 LINE, 28 COUNTSWinters, critic who loves RI 2. PFIZER: 1 LINE, 35 COUNTSStaid McKinnell overtakes vocal Hassan

Rini's move to supervise clove imports criticized

Rini's move to supervise clove imports criticizedAdianto P. Simamora, The Jakarta Post, Jakarta The latest move by Minister of Industry and Trade Rini M. Soewandi to supervise the import of cloves will not be effective in protecting the interests of local farmers, who have seen the price of the...

The arrogance of legislative bodies

The arrogance of legislative bodies Pretending to be powerful, which happens to be an affliction of the conceited or arrogant, is common not only in the country's capital city, but also in the provinces.

Pekanbaru to close amusement spots

Pekanbaru to close amusement spots PEKANBARU, Riau: Despite an outcry from several interested parties, the Riau mayoralty administration remains steadfast in its determination to shut down five entertainment centers in the city, an official said on Tuesday.

Parties in favor of DPR women's quota

Parties in favor of DPR women's quotaMuhammad Nafik, The Jakarta Post, Jakarta Major political parties have given their weight behind the demand for the provision of 30 percent of seats at the House of Representatives for women.

Where to go in Surabaya, for Wednesday, July 17, 2001

Where to go in Surabaya, for Wednesday, July 17, 2001Exhibitions* Photo by Persatuan Seni Foto Surabaya (PSFS), at CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5615246), until July 27. * Painting by Jumadi, CCCL - French Cultural Center, July 31 to Aug. 10.

UN legal investigator meets Indonesian judges

UN legal investigator meets Indonesian judgesReuters, Jakarta A UN investigator met several supreme court judges in Jakarta on Tuesday as part of a 10-day fact-finding mission looking into judicial corruption and the independence of the judiciary.

ID card clarified

ID card clarified From RepublikaThanks for publishing my letter (Republika, July 8, 2002) inquiring about the process of obtaining a residential ID card and a family card in Depok. I'm happy to say I've now received the residential ID card and the family card concerned from Asep Kamaludin, an...

Police detect financial source in bombing spree

Police detect financial source in bombing spreeFabiola Desy Unidjaja, The Jakarta Post, Jakarta The National Police chief claimed he had identified those responsible for the recent spate of bombings in the country.National Police Chief Gen.

WWF hopes to shelter elephants

WWF hopes to shelter elephants JAMBI, Jambi: The World Wildlife Fund (WWF) Indonesia has called for the limited production forest zone of Tesso Nilo in Riau to be set aside as the country's first elephant sanctuary.

Legislator's monthly income

Legislator's monthly income- Basic salary Rp 4.2 million- Allowances Rp 7.6 million- Family assistance 10 percent of basic salary, plus 2 percent of basic salary for each dependent child for a maximum of two children.

High price, labor strike hit cigarette earnings

High price, labor strike hit cigarette earnings Rendy A. Witular The Jakarta Post Jakarta Excise revenue from cigarettes for this year will likely fall short of targets due to the decline in demand and the recent one- week labor strike at the country's largest cigarette producer PT Gudang Garam.

Thousands feared malnourished

Thousands feared malnourished KENDARI, Southeast Sulawesi: Thousands of children across Southeast Sulawesi are believed to be suffering from malnutrition, the result of poverty and a lack of nutritional knowledge on the part of parents.

Japanese businessman flees Sidoarjo

Japanese businessman flees Sidoarjo SIDOARJO, East Java: A Japanese executive at a garment company in the Brebek Waru industrial estate in Sidoarjo, East Java, is thought to have left town at the beginning of July after failing to pay his workers.

Indonesia set to dominate Chinese Taipei event

Indonesia set to dominate Chinese Taipei eventThe Jakarta Post, Jakarta With the big guns from China and Malaysia missing, Indonesia is tipped to walk away with four of the five titles on offer at a five-star badminton event in Chinese Taipei next week.

Political party members sue Surabaya mayor for slander

Political party members sue Surabaya mayor for slanderAinur R. Sophiaan and Tiarma Siboro, The Jakarta Post, Surabaya/Jakarta The National Awakening Party (PKB) faction in Surabaya's legislative council is suing the city's mayor, Bambang Dwi Hartono, for libel, Ali Burhan, the council's deputy...

1. Telkom (2x27)

1. Telkom (2x27) Govt sells 3.1% of Telkom stake in privatization push 2. LNG (3x21) China LNG tender result soon, study almost ready: Report 3. Clove (1x48) Rini's move to supervise clove imports criticized 4. Audit (1x46) Accounting firms told to revise audit on SOEs

China continues to fortify claims in the South China Sea

China continues to fortify claims in the South China SeaJim Gomez, Associated Press, Manila China has been fortifying its claims in potentially oil-rich areas of the South China Sea in recent years while placating other claimant countries with hopeful talk of a peaceful resolution, a confidential...

History repeating itself in RI political behavior

History repeating itself in RI political behaviorBerni K. Moestafa, The Jakarta Post, Jakarta When Indonesia held its first general election in 1955, the political parties were polarized along the lines of nationalist, Islamic and communist groupings.

Disrespecting

Disrespecting state symbols From Koran Tempo When university students held a protest rally in front of the Presidential Palace in Jakarta, some of them stamped their feet on the pictures of the president and the vice president, a disrespectful act against symbols of the state.

National athletics body expects second chance for Desi

National athletics body expects second chance for DesiMusthofid, The Jakarta Post, Jakarta The Indonesian Amateur Athletics Association (PASI) will give high jumper Ni Putu Desi Margawati another chance to make the team for the 2002 Asian Games, according to a top official.

1. Herman/Trial: 8 x 4 lines

1. Herman/Trial: 8 x 4 linesLight sentences proposed for defendants in Suai massacre2. Terror: 20 x 2 lines Police detect financial source in bombing spree3. Pemilu: 36 x 1 lineLegislators told to get serious on political bills4.

Golkar beats the drum, others can only dance

Golkar beats the drum, others can only danceKornelius Purba, Staff Writer, The Jakarta Post, Jakarta, korpur@yahoo.com In a recent conversation with The Jakarta Post, a top executive of the Golkar Party described one of its secrets in cohabitating with other political parties despite their leaders'...

Hamzah ready to give up PPP chair

Hamzah ready to give up PPP chair JAKARTA: Vice President Hamzah Haz said on Tuesday he had no ambition to retain the top post in the United Development Party (PPP) he currently chairs.Addressing hundreds of party supporters at the opening of the party's national meeting here, he said he would...

Poverty bars children from school

Poverty bars children from school PURWAKARTA, West Java: Half of the elementary school graduates in Purwakarta regency, West Java, are unable to go on to junior high school because their parents cannot afford the school fees, according to an educator.

Rupiah Rates July 16

Rupiah Rates July 16 JP/13/ConverRupiah Rates July 16 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S. dollar 1 9,570.00 8,570.00 9,115.00 9,025.00Australian dollar 1 5,390.78 4,823.20 5,134.48 5,079.27 Brunei dollar 1 5,506.33 4,928.12 5,244.53 5,189.

Light sentence proposed for defendants in Suai massacre

Light sentence proposed for defendants in Suai massacreTertiani ZB Simanjuntak, The Jakarta Post, Jakarta Unable to secure all indictments against four military officers and one police officer held responsible for the massacre in the East Timor town of Suai in 1999, ad hoc prosecutors demanded on...

Internal rifts in PDI Perjuangan getting worse

Internal rifts in PDI Perjuangan getting worseAhmad Junaidi and Bambang Nurbianto, The Jakarta Post, Jakarta The rifts in the Indonesian Democratic Party of Struggle (PDI Perjuangan) have worsened as the party's Jakarta councillors openly challenged the decision of the party's central board...

Free markets and open borders

Free markets and open borders It has been interesting to read in your columns of the various complaints of the Australian government about the laxness of Indonesia with regard to the passage of illegal immigrants and, conversely, those from your readers directed at the U.S.

Winters, critic who loves RI

Winters, critic who loves RIBerni K. Moestafa, The Jakarta Post, Jakarta Shocking statements often shake the political scene in Indonesia, but coming from Jeffrey A. Winters, they can be powerful indeed.

MANILA: Philippine food and drink group San Miguel Corp. is

MANILA: Philippine food and drink group San Miguel Corp. is interested in buying PT Indofoods Sukses Makmur if Indonesia's largest instant noodle and cooking oil producer is up for sale. "PT Indofoods, if offered for sale by the Salim family, would be a good acquisition for the core food business...

Accounting firms told to revise audit reports on SOEs

Accounting firms told to revise audit reports on SOEsFitri Wulandari, The Jakarta Post, Jakarta The Supreme Audit Agency (BPK) has asked several public accounting firms to revise their audit reports on 34 state-owned enterprises (SOEs) as they did not meet generally accepted accounting standards, a...

Stock prices on the Jakarta Stock Exchange (in rupiah) on Juli 16, 2002:

Stock prices on the Jakarta Stock Exchange (in rupiah) on Juli 16, 2002:-------------------------------------------------------------- Shares Close Change Trading Volume -------------------------------------------------------------- Abdi Bangsa Tbk 370 0 0 Ades Alfindo Tbk 1,075 0 1,000 Adindo...

Cargo plane goes missing in Borneo

Cargo plane goes missing in Borneo JAKARTA: A cargo plane that routinely flies between the more remote areas of East Kalimantan is believed to have crashed on Tuesday morning in the jungle near Benuang village, Krayan subdistrict, Nunukan district.

Utut returns to Biel with modest goals

Utut returns to Biel with modest goalsMusthofid, The Jakarta Post, Jakarta Former champion Utut Adianto will return to the Biel Master chess tournament with a modest target of finishing in the top ten.Although the Biel Master is one of the few tournaments where the Indonesian hopes to relive past...

President postpones approval of new province

President postpones approval of new provinceFabiola Desy Unidjaja, The Jakarta Post, Jakarta President Megawati Soekarnoputri has decided to delay indefinitely her endorsement of a bill that will establish a separate province in oil-rich Riau, despite the House of Representatives' approval.

Five students to compete in IPhO

Five students to compete in IPhO BANDUNG: The 33rd International Physics Olympiad (IPhO) is being held this year in Denpasar, Bali, and host Indonesia is sending five high school students to compete in the event against students from 71 other countries.