Indonesian Political, Business & Finance News

Archive: 3 July 2002

78 articles found

Bus plunges into ravine, 22 killed

Bus plunges into ravine, 22 killedThe Jakarta Post, Jakarta An overloaded bus carrying kindergartners and their parents to the beach for a field trip plunged into a ravine near the East Java town of Jember on Tuesday, killing at least 22 people and injuring many others, police and doctors said.

Labor bill to protect workers, hurt businesses

Labor bill to protect workers, hurt businessesThe Jakarta Post, Jakarta The government and the House of Representatives are deliberating upon a controversial labor bill that requires employers to pay compensation to resigning workers and those fired for offenses such as theft or physical violence...

Country's oldest hotel going strong at 40

Country's oldest hotel going strong at 40The Jakarta Post, Jakarta A Balinese businessman who was here for a business trip had a pleasant surprise upon his arrival in the city on Tuesday morning. When he checked in at Hotel Indonesia at 8:05 a.m., he was told that the room was free of charge.

On youth matters

On youth matters Bravo The Jakarta Post with your Youth Matters page! Hopefully this will become a bridge for our youth to reach out to adults and to their peers. A place where they can pour out what they feel and the worries that bother them.

Kudos to Garuda

Kudos to Garuda "Please check the seat pocket in front of you before leaving the airplane".This friendly warning was not enough to bring me back to my senses after a fitful nap on Flight GA 601 from Makassar last Saturday.

RI chicken boycott angers U.S. poultry producers

RI chicken boycott angers U.S. poultry producersAssociated Press, Jakarta Neil Carey knew it wouldn't be easy selling chicken to a Muslim country like Indonesia. He had to fly in two imams to his Missouri slaughterhouse to certify that the chickens were halal, or permissible to eat under Islamic...

Banyumas legislators on strike

Banyumas legislators on strikeAgus Maryono, The Jakarta Post, Purwokerto All 45 members of the Banyumas legislative council in Central Java went on strike on Monday in protest against a two-year jail term for the chairman of the council, Tri Waluyo Basuki, for his involvement in a land dispute.

Over-zealous

Over-zealous police at PuncakFrom Kompas As we were driving home from Bandung to Jakarta via Puncak on May 20, 2002, traffic police officers stopped us to examine our driving license near the Gunung Mas tea plantation.

Shopping malls increase security amid blasts

Shopping malls increase security amid blastsLeo Wahyudi S, The Jakarta Post, Jakarta Shopping malls are boosting security following Monday evening's blast at Graha Cijantung Mall in East Jakarta.The management of major shopping malls in the city told their security to stay alert after the...

Government has much work to do to lure investors

Government has much work to do to lure investorsMoch. N. Kurniawan and Novan Iman Santosa, The Jakarta Post, Jakarta The government must reform the legal system to reverse the declining trend of foreign direct investment (FDI) in the Indonesia, investors and analysts said on Monday.

Genuine bilingual

Genuine bilingual education possible I refer to the article Bilingual education remains a fantasy for Indonesian schools by Simon Marcus Gower, published on Monday July 1. This questioned the capability of Indonesian private schools to offer genuinely bilingual English/Indonesian education.

Government mulls cutting number of civil servants

Government mulls cutting number of civil servantsFabiola Desy Unidjaja, The Jakarta Post, Jakarta The central government is planning measures to rid itself of lazy and useless civil servants by offering early pensions in a bid to cut operating costs, a Cabinet minister said on Tuesday.

Ernst & Young, Andersen form largest accounting firm in RI

Ernst & Young, Andersen form largest accounting firm in RIFitri Wulandari, The Jakarta Post, Jakarta Post The Indonesian units of public accountants Ernst & Young and Arthur Andersen finalized months of merger talks by signing on Tuesday an agreement to combine their businesses, making it the...

Disabled students optimistic about going to university

Disabled students optimistic about going to universityDamar Harsanto, The Jakarta Post, Jakarta Disability does not necessarily bar high school graduates from taking the entrance test for state universities (SPMB), as shown by 29 blind students, who are among nearly 400,000 students nationwide...

Texmaco factories, including a 360,000-ton capacity purified

Texmaco factories, including a 360,000-ton capacity purified terephtalic acid factory in Karawang, West Java, are located in several towns across Java. Texmaco's engineering goods, such as textile machinery, machine tools, automobile components, fabrics and garments have entered markets in South...

Coping with postpartum blues and depression

Coping with postpartum blues and depressionDonya Betancourt, Pediatrician, Sanur, Bali, drdonya@hotmail.com Many new mothers experience a mild form of depression which is sometimes called the "Baby Blues". Mothers who suffer from depression have been known to have negative thoughts about their baby.

The decision of Chairwomen of the Indonesian Democratic Party of

The decision of Chairwomen of the Indonesian Democratic Party of Struggle (PDI Perjuangan) Megawati Soekarnoputri to nominate incumbent Governor Sutiyoso as a gubernatorial candidate may affect the party's performance.

Holiday makers trapped at Merak-Bakauheni ferry ports

Holiday makers trapped at Merak-Bakauheni ferry portsOyos Saroso, The Jakarta Post, Merak, Banten Travelers from Java to Sumatra and vice versa have had to wait for hours for the Merak-Bakauheni ferry during the school holidays because many of the 24 passenger ships usually in service are not...

On bilingual education

On bilingual education I refer to the article Bilingual education remains a fantasy for Indonesian schools by Simon Marcus Gower, published on Monday July 1. This questioned the capability of Indonesian private schools to offer genuinely bilingual English/Indonesian education.

2. Japan (2 x 16)

2. Japan (2 x 16) Foreign banks post losses in Japan 5. Newco (1 x 27) Newco to issue Rp 29t in bonds 4. KPC (2 x 20) KPC and govt agree to delay investment

Two nabbed for selling marijuana

Two nabbed for selling marijuana BOGOR: Two food vendors were arrested for selling drugs on Jl. Raya Bogor and Jl. Pancasan.The chief of the Bogor Police, Adj. Sr. Comr. Setyo Wasisto, said on Monday that Eman Suherman, 40, a soto (chicken soup) vendor, and Nurdin, 27, who sells fried rice, were...

The Jakarta Post

The Jakarta Post JakartaA Balinese businessman who was here for a business trip had a pleasant surprise upon his arrival in the city on Tuesday morning. When he checked in at Hotel Indonesia at 8:05 a.m., he was told that the room was free of charge.

1. BOMB: 50 pt, 2 cols, 4 x 12

1. BOMB: 50 pt, 2 cols, 4 x 12 Shopping malls increase security amid blasts 2. MALL: 40 pt, 3 cols, 2 x 22 Planned Plaza Semanggi another traffic nightmare 3. TAX: 36 pt, 3 cols, 1 x 34 Councillors divided over lottery tax 4.HI: 36 pt, 4 cols, 1 x 44Country's oldest hotel goes strong at 40 5.

Xanana's receives red-carpet welcome

Xanana's receives red-carpet welcomeFabiola Desy Unidjaja, The Jakarta Post, Jakarta East Timor President Xanana Gusmao made his historic first official visit to Jakarta on Tuesday, complete with full state welcome, red carpet and 21-gun salute.

Gusmao, Horta to speak in Makassar

Gusmao, Horta to speak in Makassar MAKASSAR, South Sulawesi: East Timor President Xanana Gusmao and foreign minister Jose Ramos-Horta are scheduled to attend an eastern Indonesia (KTI) development seminar as keynote speakers in Makassar on Thursday.

Beautify the city or improve its choking transportation system?

Beautify the city or improve its choking transportation system?Yogita Tahilramani, The Jakarta Post, Jakarta To Governor Sutiyoso, spending Rp 14 billion on renovating a water fountain at a Jakarta traffic circle may have seemed a wise gift for the capital's anniversary last week, but residents...

Children protest bill on child protection

Children protest bill on child protection JAKARTA: Nearly one hundred children gathered outside the House of Representatives (DPR) building on Tuesday protesting the ongoing deliberation of the Child Protection Bill.They urged the legislators to revise and upgrade the bill before endorsing it.

'Tempo' sues lawyer for slander

'Tempo' sues lawyer for slander JAKARTA: The weekly magazine Tempo has countersued lawyer Lucas, saying he damaged the magazine's reputation and obstructed press freedom.Tempo deputy chief editor Toriq Hadad said on Monday the complaint followed Lucas' statement in its June 30 edition that Tempo...

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on July 2, 2002:-------------------------------------------------------------- Shares Close Change Trading Volume -------------------------------------------------------------- Abdi Bangsa Tbk 370 0 0 Ades Alfindo Tbk...

Councilors divided over lottery tax

Councilors divided over lottery taxAhmad Junaidi, The Jakarta Post, Jakarta The factions in the City Council remain divided over a proposed bylaw that would require companies that organize lucky draws to pay taxes on the contests.

Siemens launches new CT Scanner for Asia

Siemens launches new CT Scanner for Asia Siemens Medical Solutions launched its new CT scanner Somatom Smile at Beaufort Hotel on Sentosa Island in Singapore. The company invited 10 journalists from Malaysia, South Korea, the Phillipines, Thailand and Indonesia, including The Jakarta Post's Damar...

On youth matters

On youth matters Bravo The Jakarta Post with your Youth Matters page! Hopefully this will become a bridge for our youth to reach out to adults and to their peers. A place where they can pour out what they feel and the worries that bother them.

House to ask Da'i over press attacks

House to ask Da'i over press attacksKurniawan Hari and Tertiani ZB Simanjuntak, The Jakarta Post, Jakarta House of Representatives legislators intend to summon National Police chief Gen. Da'i Bachtiar for an explanation following a series of violent attacks perpetrated by his men against...

Old habits die hard

Old habits die hard "The law, not the use of force should be your weapon," President Megawati Soekarnoputri told top brass and field officers of the National Police assembled at the Senayan east parking lot on Monday to celebrate the corps' 56th anniversary.

Timorese continue protests

Timorese continue protests KUPANG, East Nusa Tenggara: East Timorese refugees living in various camps in West Timor continued with their protests on Tuesday, demanding aid from the government for some 20,000 refugee families, or some 54,000 refugees in all.

Planned Plaza Semanggi another traffic nightmare

Planned Plaza Semanggi another traffic nightmareBambang Nurbianto, The Jakarta Post, Jakarta The city administration is assessing the possible impact on traffic flow of a proposed shopping mall to be built near the Semanggi cloverleaf in Central Jakarta.U.

Government urged to disband armed groups

Government urged to disband armed groupsTiarma Siboro, The Jakarta Post, Jakarta Despite the absence of clear regulations, pressure is mounting on the government to disband groups of armed civilians as part of the attempt to stop continuing violence in the country.

Woman gets five years for drug

Woman gets five years for drug TANGERANG: A housewife jumped up jumped up in happiness Tuesday soon as the Tangerang District Court sentenced her on to five years in jail for drug dealing and the possession of 6.5 grams of putauw (low grade heroin)."Thank God.

South Korean killed in apartment

South Korean killed in apartment JAKARTA: A South Korean man was found stabbed to death in a room at Permata Executive Apartment in Kelapa Dua, Kebon Jeruk in West Jakarta on Tuesday.A second South Korean man was found tied up in the same room.

Kudos to Garuda

Kudos to Garuda "Please check the seat pocket in front of you before leaving the airplane".This friendly warning was not enough to bring me back to my senses after a fitful nap on Flight GA 601 from Makassar last Saturday.

Andersen Malaysia faces lawsuit

Andersen Malaysia faces lawsuit KUALA LUMPUR: The Malaysian unit of beleaguered accounting giant Arthur Andersen faces a 350-million-ringgit (US$92 million) lawsuit for alleged oversights while auditing publicly-listed CSM Corp. and its two subsidiaries, news reports said Tuesday.

Two in chopper crash found dead

Two in chopper crash found deadThe Jakarta Post, Jakarta A 16-member rescue team has recovered a body and a human head from an Army helicopter crash site in Paniai regency, Papua, a military spokesman said on Tuesday.Spokesman for the Trikora (Papua) Military Regional Command Maj. G.P.

Corruptors bribe lawyers

Corruptors bribe lawyersFrom Rakyat MerdekaInconsistent and weak law enforcement has only triggered more corruption as legal practitioners and corruptors collude to ensure that the latter will be acquitted from corruption charges.

Kudos to Garuda

Kudos to Garuda "Please check the seat pocket in front of you before leaving the airplane".This friendly warning was not enough to bring me back to my senses after a fitful nap on Flight GA 601 from Makassar last Saturday.

PBSI select 58 players for Olympics

PBSI select 58 players for OlympicsThe Jakarta Post, Jakarta The Badminton Association of Indonesia (PBSI) has named 58 athletes who will take part in a special training program for the 2004 Olympic Games in Athens.

Cambodia offers compromise

Cambodia offers compromise CAMBODIA: Cambodia said on Tuesday it was willing to compromise to end a row with the United Nations that has scuppered plans for a joint tribunal to put leaders of the Khmer Rouge "killing fields" regime on trial for genocide.

Mandiri named 'best local bank'

Mandiri named 'best local bank' JAKARTA: State-owned Bank Mandiri has been named the best local bank in Indonesia this year by Hong Kong-based financial magazine FinanceAsia."Bank Mandiri is Indonesia's largest bank by a solid margin. Its total assets are Rp 262 trillion (US$26.

Soldier gets 3.5 years for Ambon bombings

Soldier gets 3.5 years for Ambon bombingsOktovianus Pinontoan, The Jakarta Post, Ambon A court martial held in the troubled Maluku province's capital city of Ambon sentenced a soldier to three years and six months in jail on Tuesday for his involvement in a series of bombings in the eastern...

War on graft not over yet

War on graft not over yetEndy M. Bayuni, Staff Writer, The Jakarta Post The House of Representatives may have terminated one battle against corruption by voting down the Buloggate II inquiry, but the war against corruption is not over yet by a long shot.

U.S., S'pore launch exercises

U.S., S'pore launch exercises SINGAPORE: Singapore and the United States launched on Tuesday their most significant military exercises since the Sept. 11 terrorist attacks, with the participation for the first time of aircraft from the U.S. marines.

Due diligence on IBRA loan assets starts

Due diligence on IBRA loan assets startsThe Jakarta Post, Jakarta The Indonesian Bank Restructuring Agency (IBRA) is set to open the bidding process on July 17 for its planned sale of Rp 150 trillion (US$17 billion)-worth of nonperforming loans (NPLs), with 53 investors so far having begun their...

Judge Prim tough on drug offenders

Judge Prim tough on drug offendersMulta Fidrus, The Jakarta Post, Tangerang His name comes last on the list of the Tangerang District Court judges as seen on the board hanging on the wall at the court building. This is because he is the most junior judge at the court.But never underestimate him.

KL, S'pore talks on water end without agreement

KL, S'pore talks on water end without agreementSEAN Yoong, Associated Press, Kuala Lumpur The foreign ministers of Malaysia and Singapore ended two days of talks on Tuesday without resolving disputes over water prices and other long-standing issues.

Megawati hopes to shelve direct presidential vote

Megawati hopes to shelve direct presidential voteFabiola Desy Unidjaja and Kurniawan Hari, The Jakarta Post, Jakarta In a strong blow to constitutional reform, President Megawati Soekarnoputri revealed on Tuesday her desire of postponing direct presidential elections until 2009.

UPC says jobs, not guns can reduce conflict

UPC says jobs, not guns can reduce conflictBernie K. Moestafa, The Jakarta Post, Jakarta As the government plans to invest Rp 1 trillion (about US$111 million) to patch up the country's poor security, it would be better spent on fighting unemployment rather than on the Indonesian Military (TNI), an...

Team managers deplore absence of strong challenge at Milo Open

Team managers deplore absence of strong challenge at Milo OpenMusthofid, The Jakarta Post, Surabaya With many of the participating countries failing to send their top badminton players, this year's version of the Milo Junior Indonesia Open will be less competitive, the Indonesian team manager said...

Over-zealous police at Puncak

Over-zealous police at PuncakFrom KompasAs we were driving home from Bandung to Jakarta via Puncak on May 20, 2002, traffic police officers stopped us to examine our driving license near the Gunung Mas tea plantation.

China eases investment ruling

China eases investment ruling BEIJING: China is to raise the foreign ownership limit for domestic airlines to 49 percent from 35 percent in an attempt to attract more overseas investment to the industry, officials said Tuesday.The new regulations, which will take effect from Aug.

Kudos to Garuda

Kudos to Garuda "Please check the seat pocket in front of you before leaving the airplane".This friendly warning was not enough to bring me back to my senses after a fitful nap on Flight GA 601 from Makassar last Saturday.

Bapepam needs more time on insider trading probe

Bapepam needs more time on insider trading probeDadan Wijaksana, The Jakarta Post, Jakarta The Capital Market Supervisory Agency (Bapepam) said on Tuesday it was unable yet to prove the alleged involvement of U.S.

KPC, govt agree to delay divestment

KPC, govt agree to delay divestmentThe Jakarta Post, Jakarta JAKARTA: Coal mining company PT Kaltim Prima Coal (KPC) and the government have agreed to extend to July 31 the deadline for the divestment of a 51 percent stake in the company.

Newco to issue Rp 29t in bonds

Newco to issue Rp 29t in bondsThe Jakarta Post, Jakarta PT Newco, a holding company set up to restructure Texmaco Group's huge debts to the Indonesian Bank Restructuring Agency (IBRA), will issue exchangeable bonds as part of its debt payment scheme.

Foiled Bulogate inquiry blows reform sky-high

Foiled Bulogate inquiry blows reform sky-highBernie K. Moestafa and Kurniawan Hari, The Jakarta Post, Jakarta The collapse of all hopes of a political inquiry into House Speaker Akbar Tandjung's alleged involvement in a graft case shows that the mighty flare sent up by the 1998 reform movement has...

Rupiah Rates July 1

Rupiah Rates July 1 JP/13/ConverRupiah Rates July 1 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S. dollar 1 9,270.00 8,270.00 8,814.00 8,726.00Australian dollar 1 5,191.20 4,627.07 4,935.84 4,882.20Brunei dollar 1 5,242.62 4,674.43 4,984.73 4,932.17Canadian dollar 1 6,107.

Reporter, family killed in crash

Reporter, family killed in crash SEMARANG, Central Java: A reporter, his entire family and a driver died in an accident involving four cars on the Mangkang highway in Semarang, Central Java, on Monday after their minivan collided head-on with a truck.

Habibie testifies in Bulog case via video linkup

Habibie testifies in Bulog case via video linkupMuninggar Sri Saraswati, The Jakarta Post, Jakarta Former president B.J. Habibie testified in the Buloggate corruption scandal on Tuesday from Hamburg, Germany, through a video linkup, but the court failed to properly cross-examine him, apparently due...

New labor bill adding to investors' jitters

New labor bill adding to investors' jittersThe Jakarta Post, Jakarta PT Indomobil Sukses Internasional, the country's second largest automaker, had planned to hire some 2,000 new workers this year in response to growing demand at home for automobiles.

Trade unions campaign against child labor

Trade unions campaign against child labor JAKARTA: Trade unions vowed on Monday to fight the child slave and sex industry in Indonesia and called for legislation banning work for children aged under 18."We are all for it (against child labor).

Police to build new cells for drug offenders

Police to build new cells for drug offenders JAKARTA: The police are constructing a new detention center to cope with the rising number of drug offenders.City Police Chief Insp. Gen. Makbul Padmanagara laid on Tuesday the foundation stone of the new detention center, which would consist of 40 cells...

Autonomy regulations needed

Autonomy regulations needed JAKARTA: The absence of supporting regulations for the regional autonomy law has created some obstacles in its implementation, mainly in regional maritime and fisheries development, said a scientist on Tuesday.

Asia haunted by spread of HIV/AIDS

Asia haunted by spread of HIV/AIDSHarmonie Toros, Associated Press, United Nations Asia's highly populated countries, including China, India and Indonesia, face one of the greatest challenges -- and risks -- in the global battle against HIV/AIDS, according to the United Nations AIDS agency.

Corruptors bribe lawyers

Corruptors bribe lawyersFrom Rakyat Merdeka Inconsistent and weak law enforcement has only triggered more corruption as legal practitioners and corruptors collude to ensure that the latter will be acquitted from corruption charges.

Tourism offices face budget crises

Tourism offices face budget crisesA'an Suryana, The Jakarta Post, Jakarta Cash-strapped local governments are facing difficulties in promoting their tourist attractions as they can no longer rely on the central government following the introduction of the local autonomy policy, according to a...

Darwin-Bali yacht race to resume

Darwin-Bali yacht race to resume DENPASAR, Bali: The annual yacht race from Darwin in Australia to Benoa in Bali starts on July 27, boasting no less than 40 participants, Antara reported.Organizing committee spokesman Yos K.

Stately welcome for Xanana

Stately welcome for Xanana When East Timor President Xanana Gusmao began his official visit in Indonesia on Tuesday, he was received with a red carpet welcome and full military honors fitting for all visiting heads of state. But Gusmao is no ordinary visitor.

Where to go in Surabaya

Where to go in SurabayaPerformances* Music by Jet Set group band, at Desperados Bar and Cafe, Shangri-La Hotel, Jl. May. Jend. Sungkono 120 (Tel. 031 5661550), every Monday to Saturday, 9:30 p.m. to 1:30 a.m.

RI's 'madrasah' producing techno-illiterates

RI's 'madrasah' producing techno-illiteratesMochtar Buchori, Educator, Legislator, Jakarta, mbuchori@indo.net.id Western observers have concluded that in Pakistan and Afghanistan, the madrasah (Islamic schools) are a hotbed for Islamic fundamentalism and a breeding ground for terrorism.

'Megawati nominating Sutiyoso a mistake'

'Megawati nominating Sutiyoso a mistake' The decision of Chairwomen of the Indonesian Democratic Party of Struggle (PDI Perjuangan) Megawati Soekarnoputri to nominate incumbent Governor Sutiyoso as a gubernatorial candidate may affect the party's performance.