Indonesian Political, Business & Finance News

Archive: 7 August 2002

66 articles found

Local shares end lower on weak regional market

Local shares end lower on weak regional market Dow Jones, Jakarta Indonesian shares ended lower for the fourth consecutive trading day Tuesday, weighed down by declines across the region following another sharp drop on Wall Street overnight, dealers said. Dealers said late bargain-hunting in select blue chips lifted the main index from its intraday low. The Jakarta Stock Exchange Composite index ended down 2 percent, or 8.941 points, at 440.932, up from a low of 437.716.

W. Jakarta blaze takes 30 homes

W. Jakarta blaze takes 30 homes JAKARTA: A massive fire razed about 30 houses in the densely- populated area of Jembatan Besi in West Jakarta early on Tuesday morning. The fire that started at about 3 a.m. in one of the houses rapidly spread to the others in the neighborhood. Eleven fire engines immediately rushed to the scene and managed to extinguish the fire within about two hours. The cause of the fire is still unknown. --Antara

Legislator Aryoso called a traitor

Legislator Aryoso called a traitor Legislator Amin Aryoso of the Indonesian Democratic Party of Struggle (PDI Perjuangan) has been labeled "a traitor" after refusing a request from students to greet the protesters outside the People's Consultative Assembly (MPR) building on Tuesday. Upon hearing Aryoso's refusal, the protesters yelled: "Traitor...traitor".

Busan Asiad medalists to get prizes

Busan Asiad medalists to get prizes JAKARTA: Sentul International Circuit Management has promised to award motorcycles to Indonesian athletes who can win medals at the upcoming Asian Games in Busan, South Korea. There are three types of motorcycles to be awarded to gold, silver, and bronze medalists. Their were no details about the prices.

Stock prices on the Jakarta Stock Exchange (in rupiah) on Aug.6, 2002:

Stock prices on the Jakarta Stock Exchange (in rupiah) on Aug.6, 2002: ----------------------------------------------------------------------------- Shares Close Change Trading Volume ---------------------------------------------------------------------------- Abdi Bangsa Tbk 270 0 0 Ades Alfindo Tbk 875 -50 2,000 Adindo Foresta 40 0 0 AGIS Tbk 95 -5 443,500 Akbar Indo Makmur 365 0 0 Alakasa Industrindo 185 0 0 Alfa Retailindo Tbk 750 -50 987,000 Alter Abadi Tbk 35 0 45,000 Alumindo Light 500 0...

Neighbors learn reality of migrants

Neighbors learn reality of migrants Karim Raslan Lawyer Kuala Lumpur As Dr Mahathir prepares for his two-day visit to Bali, Malaysians must come to terms with the changing nature of bilateral relations with Indonesia. Having emerged from the 1997 1. Anggi -- Megawati's economic progress 1 X 38 Megawati's economic progress upbeat Anggito Abimanyu Expert Staff Ministry of Finance Jakarta 2.

Malaysia's labor policy benefits TKIs: Minister

Malaysia's labor policy benefits TKIs: Minister The Jakarta Post Jakarta Malaysia's new labor policy and strict immigration laws may cause short-term problems for Indonesian migrant workers (TKIs), but in the long run they will benefit, Coordinating Minister for People's Welfare Yusuf Kalla said. Kalla, who was appointed by President Megawati Soekarnoputri to set up a task force to deal with returning workers, said Malaysia's deportation of illegal immigrants was not a serious problem.

Court needs Thai interpreter for trial

Court needs Thai interpreter for trial TANGERANG: Due to the absence of lawyers and an interpreter, the Tangerang District Court failed on Tuesday to try a Thai woman and a Nigerian man who allegedly attempted to smuggle 450 grams of heroin from Thailand into the country in April. The defendants are a Thai food vendor, Bunyong Khaosa Ard, 45, and a Nigerian, Obina Nuajabu, 28, who will likely face the death penalty if convicted.

Bandung hosts all-star basketball match

Bandung hosts all-star basketball match Musthofid, The Jakarta Post, Jakarta After completing two of the planned four series, the national premier basketball competition (Kobatama) will now shift to an All-star game. The game which will be held in Bandung, West Java, on Sunday and pit stars from the five teams grouped in the West division and the other five from the East division. The players have been included in the teams as fans' choices from a poll.

Privatizing public goods

Privatizing public goods Imelda Maidir, Department of Economics, Centre for Strategic and International Studies, Jakarta One of the controversial points in the conditions of the International Monetary Fund for loan disbursement to Indonesia is the obligation of the government to privatize some of formerly state-owned enterprises.

JP/4/SCENE

JP/4/SCENE Millions of kids to get free vaccinations JAKARTA: At least 20.8 million children under five-years of age were expected to participate in the National Immunization Program (PIN) for polio on Oct. 9 and Sept. 12, Minister of Health Achmad Sujudi said here on Tuesday. "With national immunization weeks for polio in 2002, we hope the WHO will declare Indonesia polio-free in 2005," Sujudi said referring to the World Health Organization.

UI shortlist four top candidates for rector

UI shortlist four top candidates for rector Damar Harsanto, The Jakarta Post, Jakarta The University of Indonesia's (UI) rectorial election drew closer to a final decision, with its seven candidates shortlisted down to four on Tuesday, an official said.

Riau takes control of CPP oil block

Riau takes control of CPP oil block Adianto P. Simamora, The Jakarta Post, Jakarta The government officially transferred on Tuesday the operation of the Coastal Plains Pekanbaru (CPP) oil block from American oil and gas company PT Caltex Pacific Indonesia to a joint venture of state-owned oil and gas Pertamina and Riau province-owned firm PT Bumi Siak Pusako (BSP). The move is expected to end years of dispute over rights to develop the CPP oil block.

Government to sell Indosat stake next month

Government to sell Indosat stake next month Dadan Wijaksana and A'an Suryana, The Jakarta Post, Jakarta Moving ahead with its privatization program, the government plans to start selling a 30 percent stake early next month in state- owned telecommunications company PT Indosat through a strategic sale in a process it expects to finalize by December. "We plan to sell the Indosat stake through a strategic sale," State Minister for State Enterprises Laksamana Sukardi told reporters on Tuesday.

Megawati, Mahathir expected to settle labor issue

Megawati, Mahathir expected to settle labor issue Fabiola Desy Unidjaja, The Jakarta Post, Ubud, Bali Malaysian Prime Minister Mahathir Mohammad will begin a two-day visit here on Wednesday in the wake of an exodus of Indonesian illegal workers from his country.

1. CPP (4x8)

1. CPP (4x8) Riau takes control of CPP oil block 2. Debt (1x29) 8 creditors approve debt swap 2. Indo (1x37) Govt to sell Indosat stake next month 4. Stock (2x23) Local shares end lower on weak regional market

2 x 27

2 x 27 1,200 flee villages as Poso violence flares cirebon 1 x 35 Calls mount for Cirebon province

Asian stock markets decline on fears of U.S. economy

Asian stock markets decline on fears of U.S. economy Agencies, Jakarta Asian stock markets tumbled Tuesday following another bad day on Wall Street after more evidence emerged the U.S. economic recovery is faltering. The Nikkei-225 average of the Tokyo Stock Exchange sunk closer to an 18-year low, losing 2.1 percent or 203.91 points to end at 9,501.02, while Hong Kong hit a 10-month low.

RI, KL form consultative palmoil group

RI, KL form consultative palmoil group Agence France-Presse, Jakarta Indonesia and Malaysia on Tuesday formed a consultative group to boost crude palm oil (CPO) exports. Indonesian Industry and Trade Minister Rini Suwandi and Malaysian Primary Industries Minister Lim Keng Yaik signed a document setting up the group during a meeting in Bali Tuesday, the state Antara news agency said.

JAKARTA: Around 910 orangutans (Pongo pugmaues) are killed

JAKARTA: Around 910 orangutans (Pongo pugmaues) are killed every year in Indonesia, spokewomen for the Semboja Orangutan Reintroduction and Rehabilitation Center Jean Mandala said in Balikpapan, East Kalimantan, Tuesday. Jean said the figure was based on the assumption that illegal hunters often kill three orangutans just to catch one. "The number (of orangutan deaths) is still based on a rough calculation," Jean was quoted as saying by Antara.

RI gets B rating, with stable outlook

RI gets B rating, with stable outlook The Jakarta Post, Jakarta Indonesia's economic performance has been improving since the 1997 Asian financial crisis, a fact that has prompted London- based international ratings agency Fitch to upgrade the country's ratings. The long-term foreign currency rating has been upgraded from B- to B, while at the same time, the short-term foreign currency rating has also been affirmed at B, Fitch said in a statement issued on Tuesday.

Elegant message from TNI

Elegant message from TNI The new composition of the People's Consultative Assembly (MPR) will consist only of members of the House of Representatives (DPR) and the Regional Representatives Council (DPD), who would be elected through a general election. There will be no appointed member. There will be no interest group representative. And the military and the police will have no representatives in the Assembly.

McDonald's lures back Asians with rice

McDonald's lures back Asians with rice Agence France-Presse, Hong Kong U.S. fast-food giant McDonald's has turned to rice dishes for the first time in a battle to entice Hong Kong's Chinese diners in the increasingly competitive fast-food market. However, McDonald's new menu of grilled chicken with rice and mushroom sauce and chicken cutlets with rice and curry sauce have yet to win over its customers used to the hamburgers and French fries it introduced to Hong Kong 27 years ago.

Treesye, Indonesia's 'Miss Junkie'

Treesye, Indonesia's 'Miss Junkie' Blontank Poer, The Jakarta Post, Jakarta The government is at the height of its antinarcotics campaign. Banners and posters can be seen everywhere across the country with a single message: Stay away from drugs. Drug abuse has become a serious problem in Indonesia. The latest data from the National Narcotics Agency (BNN, bknn.or.id) shows that at least 2 million Indonesians are involved in it.

When is a drink a matter of security?

When is a drink a matter of security? Agung Widjaja, a reporter with the Hukumonline website, has found security measures at the MPR complex to be a bit excessive. Instead of doing their main job, which is to serve and to protect, the security guards deployed to guard the Annual Session have created enmity among reporters. This time they banned Agung from bringing a bottle of water inside the Assembly's meeting hall. "For security reasons," Agung said, quoting the guards.

'What is the Annual Session for?'

'What is the Annual Session for?' The People's Consultative Assembly (MPR) Annual Session happens only once a year, an event which state officials, politicians and some people believe is important. However, most people, especially those at the grassroots level, believe both the session and the Assembly members are useless. M. Chandra, 17, is a student at state-high school SMU 4 in Gambir, Central Jakarta. He lives in Menteng: What is the real goal of the reforms?

Rupiah Rates Aug 6

Rupiah Rates Aug 6 JP/13/Conver Rupiah Rates Aug 6 Banknote rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp Australian dollar 1 5,069.51 4,536.31 4,828.86 4,776.74 Brunei dollar 1 5,434.91 4,865.13 5,176.91 5,122.97 Canadian dollar 1 6,012.04 5,381.43 5,726.65 5,666.65 Swiss franc 1 6,450.64 5,775.70 6,144.42 6,081.81 Danish krone 1 1,261.60 1,129.53 1,201.71 1,189.40 Euro 1 9,377.01 8,391.84 8,931.88 8,836.60 Poundsterling 1 14,925.76 13,364.27 14,217.24 14,072.57 Hong Kong dollar 1...

Traffic chaos

Traffic chaos From Bisnis Indonesia Separating the road is intended to prevent vehicles that travel in one direction from going into the lane of vehicles traveling in the opposite direction. This separation may come as a painted white line or an island in the center of the road. Unfortunately, during a traffic jam, some vehicles often move into the lane intended for cars traveling in the opposite direction.

U.S. mediator hopes to revive Aceh peace talks

U.S. mediator hopes to revive Aceh peace talks Berni K. Moestafa and Ibnu Mat Noor, The Jakarta Post, Jakarta/Banda Aceh Retired U.S. general Anthony Zinni, assigned by the Henry Dunant Center (HDC) to help mediate peace in Aceh, met with provincial security officials on Tuesday in efforts to end a three-month impasse in peace talks with the separatist Free Aceh Movement (GAM). Gen. (ret.) Anthony Zinni met on Tuesday with Aceh Police chief Insp. Gen.

* Headlines: U.S. mediator hopes to revive Aceh peace talks 2

* Headlines: U.S. mediator hopes to revive Aceh peace talks 2 * National: Malaysia's labor policy benefit TKIs 4 * Archipelago: 1,200 flee villages as Poso violence flares 5 * Opinion: Neighbors learn about reality of migrants 7 * City: Rp 400m in Bulog funds used for positive media coverage 8 * Sports: Royals pound out 17 hits in 12-4 romp over Twins 9 * World: Israeli forces kill two Palestinian militants 12 * Business: IMF to cut U.S.

The return of Indonesia's illegals

The return of Indonesia's illegals Hundreds of thousands of illegal Indonesian workers -- most are unskilled, cheap laborers -- are being hunted down by Malaysian security personnel. They will be repatriated to Indonesia after they receive corporal punishment. The misery faced by the Indonesian workers is likely to be compounded once they find out that the unemployment rate in their own country is rising do dizzying heights.

PLN blamed for baby boom

PLN blamed for baby boom MATARAM, West Nusa Tenggara: Irritated by the uncontrolled birth rate in her province, head of West Nusa Tenggara Family Welfare Movement Siti Nur'aini Harun Al Rasyid blamed state electricity company PLN. Speaking to movement activists in East Lombok regency on Monday evening, Siti said frequent electricity blackouts in the evening had contributed to a rise in the number of births.

Factions agree on presidential vote, differ on sharia

Factions agree on presidential vote, differ on sharia Kurniawan Hari, The Jakarta Post, Jakarta Sharia remained a crucial issue on Tuesday when Commission A at the People's Consultative Assembly (MPR) failed to reach an agreement on the matter, with several factions demanding the inclusion of the seven-word phrase from the Jakarta Charter in Article 29 of the 1945 Constitution. All 12 factions on the other hand agreed on a second runoff in the presidential election.

Fear of Sutiyoso

Fear of Sutiyoso From Warta Kota Allowing the members of the Jakarta City Council to elect the Jakarta governor for the 2002-2007 term of office is a frightening prospect. Consider the following: * As Sutiyoso's policy is profit-oriented in nature and pays little attention to the poor, he has been opposed for the second term by virtually all members of the public. * The post of governorship must not be given to former officials who are never likely to introduce revolutionary changes in Jakarta.

Scholars suggest permanent constitutional commission

Scholars suggest permanent constitutional commission Fitri Wulandari and Tertiani ZB Simanjuntak The Jakarta Post Jakarta The alumni association of Gadjah Mada University (Kagama) urged on Tuesday that the People's Consultative Assembly (MPR) insert a clause on the establishment of a constitutional commission in the draft amendment of Article 37 of the Constitution to provide a strong legal basis for the commission. "This is crucial to give a constitutional basis to the commission.

1,200 flee Poso villages

1,200 flee Poso villages The Jakarta Post, Palu/Makassar At least seven people were shot and wounded, four others missing and two churches and 27 houses burned to the ground in the worst violence to hit Poso in Central Sulawesi since a peace deal was signed eight months ago, signatories and activists said on Tuesday. No casualties were reported, but at least four people -- Z. Doda, 26, Olmas Daya, 27, Yohan Ewakola, 21, and Cecen Mangiri, 20 -- were reported missing after the attack.

Dozens injured as police, refugees clash

Dozens injured as police, refugees clash MEDAN, North Sumatra: Hundreds of Acehnese refugees clashed with police and public order officers in the North Sumatra governor's office in Medan on Tuesday, a report said. At least four people were seriously injured, dozens of others slightly wounded while several women fainted during the clash at 10:15 a.m. The building was also damaged. The fight erupted after Medan public order officers beat a refugee who tried to enter the governor's office.

Money politics complicates Jakarta gubernatorial election

Money politics complicates Jakarta gubernatorial election Bambang Nurbianto, The Jakarta Post, Jakarta Money politics has played a role early on in the process of the gubernatorial election as some candidates have spent a huge amount of money only to enter the next phase in the election process, says an NGO leader.

Developing Asia faces aging crisis: ADB

Developing Asia faces aging crisis: ADB Agence France-Presse, Singapore Asia's developing economies face an aging crisis as the ranks of the elderly swell in the next 50 years, the Asian Development Bank (ADB) said on Tuesday. Time is running short for governments to set up full pension fund coverage and health care facilities to take care of their graying populations, the Manila-based development bank warned in a new report.

Amex responds

Amex responds In response to the letter published in The Jakarta Post on July 20 regarding American Express Cards, we would like to offer the following explanation. There is an interest-free period where credit card members enjoy interest free credit for up to 45 days if the outstanding balance of the card is settled in full before the due date. If the balance is not paid in full, interest is charged on unpaid balances as well as new purchases.

Int'l Red Cross visits S. Sulawesi

Int'l Red Cross visits S. Sulawesi JAKARTA: International Red Cross representatives Kirsten Duus of Denmark and Iris Trapman of Australia arrived in Makassar, South Sulawesi province on Monday to assess the possibility of sending aid to the area. The team will spend a few days in South Sulawesi to collect information and inputs needed to support an aid program, said secretary of the South Sulawesi branch of Red Cross Indonesia, Lutfi Qadir, in Makassar, South Sulawesi Tuesday.

Students demand constitutional reforms

Students demand constitutional reforms Kurniawan Hari and Tiarma Siboro, The Jakarta Post, Jakarta As the Annual Session of the People's Consultative Assembly (MPR) entered its sixth day, thousands of student protesters staged a rally outside the Assembly building here on Tuesday demanding that the lawmakers proceed with and endorse crucial amendments to the 1945 Constitution.

Early detection helps reduce ovarian cancer risk: Expert

Early detection helps reduce ovarian cancer risk: Expert Debbie A. Lubis, The Jakarta Post, Jakarta Career women who do not get married until their early 30s, or women who get married but do not get pregnant, are running a high risk of suffering from ovarian cancer, a health expert says.

Calls mount for Cirebon province

Calls mount for Cirebon province Nana Rukmana, The Jakarta Post, Cirebon The demand for the creation of Cirebon province is receiving mounting support from local senior politicians, community and religious leaders, non-governmental activists, students, businessmen and academics.

What was real reasons for military reshuffle?

What was real reasons for military reshuffle? The Nation, Asia News Network, Bangkok The unexpected military top-brass changes were a muted affair, but the motives are yet to become clear. In the not-so-distant past, the annual military reshuffle had the potential to trigger repercussions.

Creditor nations approve RI's debt swap proposal

Creditor nations approve RI's debt swap proposal The Jakarta Post, Jakarta The government claimed on Tuesday it had received agreement from eight creditor countries for debt swap schemes, which are expected to help ease the burden on the state budget in the repayment of sovereign debt.

The root of Islamic radicalism

The root of Islamic radicalism Leonard C. Sebastian, The Strait Times, Asia News Network, Singapore Now that the Association of Southeast Asian Nations (ASEAN)- United States joint declaration to combat international terrorism signed in Brunei last week is formalized, the spotlight will once again focus on Indonesia's position in the war on terror.

Agus defends military, police involvement in politics

Agus defends military, police involvement in politics Fitri Wulandari and Ahmad Junaidi, The Jakarta Post, Jakarta The Indonesia Military/National Police faction in the People's Consultative Assembly (MPR) admitted on Tuesday that the military and police were still involved in politics but defended the move being based on good grounds. "It's true that the statement by TNI chief Gen. Endriartono on the amendments was part of the TNI's political activities," Lt. Gen.

Where to go in Surabaya, for Wednesday, August 7, 2001

Where to go in Surabaya, for Wednesday, August 7, 2001 Exhibitions * Painting by Jumadi, CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5615246), until Aug. 10. * Japan Dolls, Radisson Plaza Suite Hotel, Plaza Boulevard, Jl. Pemuda 31-37 (Tel. 031 5316833), Aug. 8 - 13. Organized by The Japan Foundation (Tel. 021-5201266). Performances * Music by Jet Set group band, at Desperados Bar and Cafe, Shangri-La Hotel, Jl. May. Jend. Sungkono 120 (Tel.

Mob occupies Pertamina office

Mob occupies Pertamina office PEKANBARU, Riau: Hundreds of residents of the Riau town of Dumai continued to occupy a state oil company Pertamina office for a second straight day to demand that the firm name a local for the office's top post. Antara reported that the people blocked the main access to the office building to prevent company employees from working on Tuesday morning. But the protesters allowed the oil refinery to operate.

Dog thief on the

Dog thief on the prowl at dawn From Kompas Several months ago, I heard a dog howling painfully at dawn. The howling died away into the distance. All my neighbors thought that a car had hit the dog. We were told, however, that this dog had been stolen and taken away in a car. Then in July, my own dog was stolen. It was 5:15 a.m. and I was ready to go for a walk with my dog. The dog was waiting outside the fence. Suddenly, I heard him howling in pain and I rushed outside. I was too late.

Bandung hosts Kobatama 'Star War' match

Bandung hosts Kobatama 'Star War' match Musthofid The Jakarta Post Jakarta After completing two of the planned four series, the national premier basketball competition (Kobatama) will now shift to a non-competitive match called 'Kobatama Star War'. The match which will be held in Bandung, West Java, on Sunday and pit stars from the five teams grouped in the west division and the other five in east division. The players have been included in the teams as fans' choices from the poll.

Policeman, robber killed

Policeman, robber killed JAKARTA: A traffic police officer was killed after shooting to death one of several robbers who were robbing public minivan passengers on Tuesday morning. Second. Adj. Insp. Roni Toto S was riding his motorcycle when he saw what was happening on the minivan, which was traveling along Jl. I Gusti Ngurah Rai, East Jakarta. An eyewitness said that Toto chased the minivan and when it stopped, the robbers got out of the vehicle and attacked him.

Malaria cancels community program

Malaria cancels community program PURBALINGGA, Central Java: Over 220 students from Muhammadiyah University, Purwokerto, have canceled their community service mission in Pengadegan district due to a malaria outbreak. The students pulled out of the villages in the district just a week after their arrival for a two-month program.

Labor problems could cause social distress

Labor problems could cause social distress Debbie A. Lubis, The Jakarta Post, Jakarta The presence of more than 300,000 returning workers from Malaysia and the possible layoff of thousands of workers at home could further magnify the already large problem of unemployment, raising fears of widespread social problems ahead of the 2004 general election. Imam B.

Aerobatics team grounded over jet fighter crash

Aerobatics team grounded over jet fighter crash Tiarma Siboro, The Jakarta Post, Jakarta Following a series of accidents involving Indonesia's jet fighters this year, Air Force Chief Marshall Chappy Hakim announced on Tuesday that all members of the Jupiter Blue Aerobatics Team would be grounded, pending examination into the mental state of the pilots and the physical state of the aircraft.

Most Asian currencies down late

Most Asian currencies down late Nirmala Menon, Dow Jones, Kuala Lumpur Concerns the U.S. economy would dip into another recession, crimping growth in export-oriented regional economies, drove most Asian currencies lower again Tuesday. Worries over global growth prospects from a downturn in the U.S. were further heightened by comments from the International Monetary Fund, which said it would cut U.S. growth forecasts as plunging equities further threatened recovery.

World Bank clarifies

World Bank clarifies In your article entitled Indramayu to build giant dam to increase rice production (The Jakarta Post, July 29, you quoted a source, Abdul Mutholib, Head of the Indramayu Irrigation Office as saying: "The World Bank had prepared the funds to finance the (Jatigede) dam, providing that the central government acquired the land". I would like to clarify that the World Bank has no plans to finance the Jatigede dam.

Neighbors learn about reality of migrants

Neighbors learn about reality of migrants Karim Raslan, Lawyer, Kuala Lumpur As Dr Mahathir prepares for his two-day visit to Bali, Malaysians must come to terms with the changing nature of bilateral relations with Indonesia. Having emerged from the 1997 financial crisis relatively unscarred, Kuala Lumpur's current level of confidence is at odds with theself-doubt and in-fighting that plagues Jakarta.

The spirit of cooperation

The spirit of cooperation As the human drama that is affecting hundreds of thousands of Indonesian migrant workers who are being expelled from Malaysia continues to unfold, observers here are placing their hopes for a solution to the problem on a top-level meeting that is slated to take place on Wednesday in Bali between the two countries' heads of government.

Mahathir dares S'pore on water pact

Mahathir dares S'pore on water pact MALAYSIA: Prime Minister Mahathir Mohamad on Tuesday dared Singapore to terminate a water purchase agreement immediately and not wait for it to lapse in 2011. In the latest tit-for-tat exchange on the issue, the premier said Malaysia was merely doing its neighbor a favor by supplying it with water and that it was unfair that the price had not changed since 1927. "They want to remove, it's alright.

Commission wants govt to improve economic team

Commission wants govt to improve economic team Fitri Wulandari, The Jakarta Post, Jakarta Legislators said on Tuesday the government should improve the Cabinet's economic team by creating a solid and focused team capable of lifting Indonesia out of economic stagnation. Commission C at the People's Consultative Assembly (MPR) said in a plenary session that a breakthrough was especially needed to significantly reduce the country's domestic debts, which currently total Rp 650 trillion.

Half-baked reform of customs service slammed

Half-baked reform of customs service slammed Rendi A. Witular, The Jakarta Post, Jakarta Experts have expressed doubt that the new reform measures aimed at overhauling the country's customs service would be effective in curbing smuggling and corruption as they did not prioritize changing the corrupt mentality of customs officials.

'Rp 400m in Bulog fund used for press coverage'

'Rp 400m in Bulog fund used for press coverage' Muninggar Sri Saraswati, The Jakarta Post, Jakarta An advisor at the office of the Vice President said on Tuesday that he had asked for Rp 400 million to produce favorable media reports for then president BJ Habibie. La Ode Kamaluddin, who is also a member of the People's Consultative Assembly's interest group faction, denied that the money, disbursed by the State Logistics Agency (Bulog), was spent on the campaign for former president B.J.

Three controversial Manulife judges suspended from duties

Three controversial Manulife judges suspended from duties Moch. N. Kurniawan, The Jakarta Post, Jakarta The three judges, who are suspected of accepting bribes to declare PT Asuransi Jiwa Manulife bankrupt, have been suspended to pave the way for the Jakarta High Court to set up a disciplinary council to investigate the matter further. "Starting Aug. 6, the three (Manulife) judges, Hasan Basri, Ch.

'Malaysia's labor policy benefits TKIs'

'Malaysia's labor policy benefits TKIs' The Jakarta Post, Jakarta Malaysia's new labor policy and strict immigration laws may cause short-term problems for Indonesian migrant workers (TKIs), but in the long run they will benefit, Coordinating Minister for People's Welfare Yusuf Kalla said. Kalla, who was appointed by President Megawati Soekarnoputri to set up a task force to deal with returning workers, said Malaysia's deportation of illegal immigrants was not a serious problem.