Indonesian Political, Business & Finance News

Archive: 3 September 2002

69 articles found

Merapi national park plan sparks anxiety

Merapi national park plan sparks anxietyRidlo Aryanto, Contributor, Yogyakarta It has been an unusual sight in the houses of the residents of Turgo hamlet, Cangkringan district, Sleman regency, Yogyakarta.

Govt's new policy on Aceh: Jaw-jaw or war-war?

Govt's new policy on Aceh: Jaw-jaw or war-war?Bantarto Bandoro, Editor, 'The Indonesian Quarterly', Centre for Strategic of International Studies, Jakarta, bandoro@csisi.or.id "Speak softly and carry a big stick" (former U.S.

Army chief defends TNI aggression

Army chief defends TNI aggression JAKARTA: Army Chief of Staff Gen. Ryamizard Ryacudu said on Monday that the Indonesian Military (TNI) troops opened fire in conflict-torn areas in self-defense."About 80 percent of the gunfights between the TNI and rebels in conflict-ridden regions were sparked by...

Southeast Asia urged to take tough common position on tobacco control

Southeast Asia urged to take tough common position on tobacco controlUamdao Noikorn, Associated Press, Bangkok An international anti-tobacco group urged Southeast Asian countries meeting in Bangkok to take a tough common stance ahead of global negotiations next month for a UN-sponsored treaty on...

OI plans pan-religious orphanage

OI plans pan-religious orphanage JAKARTA: Orphans Internasional (OI) has planned to open an orphanage for children from different religions who have fallen victim to sectarian conflicts across the country.

Pelni responds

Pelni responds This is in response to the letter Pelni, a disaster waiting to happen from John Will0iam Starr published in The Jakarta Post on Aug. 8.After reading your opinion, kindly be advised that all Pelni passenger ships are designed to provide mass transportation from/to islands throughout...

Time to sit down and end feuds with neighbors

Time to sit down and end feuds with neighborsSayidiman Suryohadiprojo, Former Governor, Nation Resilience Institute (Lemhanas), Jakarta Indonesia is now mixed up in a quarrel with some neighbors. First is the deterioration in relations with Malaysia caused by the problem of illegal Indonesian...

Akbar tells House to work harder

Akbar tells House to work harder JAKARTA: House of Representatives Speaker Akbar Tandjung swore in new legislator Trimedya Pandjaitan on Monday with a call on the legislative body to improve its performance.

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;AP;KOD; ANPAu..r.. Aglance-Malaysia-military Reports: Malaysian military chiefs received letters urging a coup JP/11/ASEAN Military 'urged' to try coup in 1999 MALAYSIA: Malaysia's military chiefs were urged to topple Prime Minister Mahathir Mohamad just weeks before an election in 1999, the...

Nunukan refugee aid fails to arrive, situation worsens

Nunukan refugee aid fails to arrive, situation worsensThe Jakarta Post, Nunukan, East Kalimantan/Jakarta The situation of thousands of refugees on the border island of Nunukan, East Kalimantan, is worsening day by day as one relief worker revealed on Monday that a few were selling their babies to...

Govt slammed for failure to provide clean water

Govt slammed for failure to provide clean waterDamar Harsanto, The Jakarta Post, Jakarta The Indonesian Consumers Foundation (YLKI) and an urban policy watchdog blasted on Monday the city administration for its failure to provide clean water, to which the public also has a basic right.

The Nunukan tragedy

The Nunukan tragedy It seems that the old and dated adage of "no news is good news" still has some considerable life in it. This is certainly true for what is currently happening at Nunukan, some 1,700 kilometers northeast of Jakarta, in East Kalimantan, off Tawau.

JAKARTA: Publicly-listed cement producer PT Semen Cibinong

JAKARTA: Publicly-listed cement producer PT Semen Cibinong recorded a loss of Rp 81 billion (US$9.1) million in the first half of the year, compared to a profit of Rp 67 billion in the corresponding period last year.The company, in a statement, said its sales volume had increased to 3.

Gold unfazed by U.S-Iraq tension, Indonesia attack

Gold unfazed by U.S-Iraq tension, Indonesia attackReuters, London Gold ticked over in European trading on Monday, losing ground slightly as traders showed reluctance to take positions on the U.S. Labor Day holiday.Spot gold was quoted at US$312.25/312.75 a troy ounce by 08.59 GMT (3.59 p.m.

Mega okays new rights body team

Mega okays new rights body teamThe Jakarta Post, Jakarta President Megawati Soekarnoputri signed a decree to formally approve the appointment of 21 new National Commission on Human Rights (Komnas HAM) members, an official said on Monday.

Imports up in July, reversing declining trend

Imports up in July, reversing declining trendA'an Suryana, The Jakarta Post, Jakarta Imports were up in July, reversing the declining trend for most of the year amid falling investment.But analysts said this was not necessarily a sign of returning investment in the country.

Dismissed workers want severance pay

Dismissed workers want severance payBEKASI: Around 250 former workers of private company PT Espira took to the streets in Cibitung, east of the Jakarta, demanding that the company give them severance pay amounting to six-months salary.

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Govt needs to campaign hard on privatization Sri Wahyuni The Jakarta Post Jakarta2. Fajar -- Synchronizing monetary policy and banking supervision 1 X 36 Coordinate monetary policy, supervision Fajar Hidayat MBA, Int'l Banking & Finance Birmingham University, UK

Revolution is coming

Revolution is comingFrom Rakyat MerdekaStudents, some of the political elite and social groups have opted for a reform drive, believing that the social cost of it would be lower than a revolution.Now that the reform movement is in its fourth year, students and some of the political elite have again...

Dismissed workers want severance pay

Dismissed workers want severance payBEKASI: Around 250 former workers of private company PT Espira took to the streets in Cibitung, east of the Jakarta, demanding that the company give them severance pay amounting to six-months salary.

Employees blase over bomb threats

Employees blase over bomb threats JAKARTA: Some of Jakarta's residents are becoming immune to bomb threats, although several blasts have rocked the city lately.Employees working in the Arcadia building on Jl.

Govt needs to campaign hard on privatization

Govt needs to campaign hard on privatizationSri Wahyuni, The Jakarta Post, Yogyakarta The government has targeted reaping Rp 8 trillion from asset sales to the private sector for the 2003 fiscal year, which seems a tall order considering the government's track record.

Police seeking funds to buy GPS

Police seeking funds to buy GPSBambang Nurbianto, The Jakarta Post, Jakarta The police have been seeking the city administration's assistance to procure Rp 40 billion-worth of global positioning system (GPS) communications equipment for installation in about 500 patrol cars, according to a city...

Holding companies may take over army's businesses

Holding companies may take over army's businessesBerni K. Moestafa and Tiarma Siboro, The Jakarta Post, Jakarta Holding companies may take over the business empires of the Indonesian army foundations as one of several steps the army has proposed to restructure its corruption-prone businesses.

Asia hopes its voice will be heard at WTO as Supachai takes helm

Asia hopes its voice will be heard at WTO as Supachai takes helmSamantha Brown, Agence France-Presse, Hong Kong Asian nations hope their voices will be heard more sympathetically in the clamor over globalization as one of their own starts work Monday as the new head of the World Trade Organization.

Public complains over high Puskesmas fees

Public complains over high Puskesmas fees KENDARI, Southeast Sulawesi: People in Kendari, Southeast Sulawesi, complained on Monday about the high fees being charged by local public health centers (Puskesmas).

Six students arrested in Makassar

Six students arrested in Makassar MAKASSAR, South Sulawesi: The Makassar police have arrested six students and seized molotov cocktails, arrows and machetes in a crackdown on Hasanuddin University students following a brawl that left several students injured and scores of buildings damaged last...

2. Gold (2x20)

2. Gold (2x20) Gold unfazed by Iraq tension, RI attack3. Asian shares end mostly lower on poor sentiment 4. Oil (2x25) Oil prices ease as Russia and Venezuela hike supply

TV Program: Tuesday September 3, 2002

TV Program: Tuesday September 3, 2002TVRI .TB.30" .90"5:00 a.m. Religious Teachings6:00 News 8:00 Environment8:30 Music9:00 Technology9:30 Music11:00 Regional News11:30 Music12:00 p.m. News1:00 Talk Show2:00 News2:30 Documentary3:30 Cartoon4:00 TV Drama5:00 Music5:30 Children's Program6:00 News7:00...

3,000 Unpad students yet to enroll

3,000 Unpad students yet to enroll BANDUNG, West Java: Over 3,000 new students who passed the entrance examination for the Bandung-based state-owned Padjadjaran University (Unpad) have yet to register for the new academic year.Unpad's First Assistant Rector Ponpon S.

Inflation up 10.6%

Inflation up 10.6%The Jakarta Post, Jakarta Inflation in August rose 10.6 percent compared to the same month last year, the Central Bureau of Statistics (BPS) reported on Monday.The bureau revealed that month-on-month inflation in August rose by 0.29 percent from July.

Councillors threaten to boycott governor election

Councillors threaten to boycott governor electionBambang Nurbianto, The Jakarta Post, Jakarta The 12 members of the National Mandate Party (PAN) faction on the City Council have threatened to stage a walkout should councillors be required to write down the names of their chosen candidates on their...

World leaders must eradicate poverty: Mega

World leaders must eradicate poverty: MegaAgence France-Presse, Johannesburg World leaders owe it to billions of poor people to set aside differences and unite to eradicate poverty and preserve the global environment, Indonesian President Megawati Soekarnoputri said on Monday.

Gold unfazed by U.S-Iraq tension, Indonesia attack

Gold unfazed by U.S-Iraq tension, Indonesia attack Reuters London Gold ticked over in European trading on Monday, losing ground slightly as traders showed reluctance to take positions on the U.S. Labor Day holiday. Spot gold was quoted at US$312.25/312.75 a troy ounce by 08.59 GMT (3.59 p.m.

CPO price seen rising to $500 per ton in 2003

CPO price seen rising to $500 per ton in 2003Adianto P. Simamora, The Jakarta Post, Jakarta The price of crude palm oil (CPO) is predicted to jump up to US$500 per ton in 2003, far higher than the end of this year's price target of $400 per ton, according to a report from ING Securities.

Rupiah Rates Sept.2

Rupiah Rates Sept.2 Banknote rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp Australian dollar 1 5,132.25 4,582.38 4,882.27 4,832.26 Brunei dollar 1 5,345.13 4,771.47 5,084.78 5,031.67 Canadian dollar 1 6,010.91 5,365.42 5,718.14 5,658.00 Swiss franc 1 6,238.01 5,569.84 5,934.17 5,873.

Small parties demand ban on holding two jobs

Small parties demand ban on holding two jobsKurniawan Hari, The Jakarta Post, Jakarta A group of minor parties demanded on Monday that all party leaders be banned from key positions in the executive and judicial branches to avoid conflicts of interest.

'I am using bottled water for drinking'

'I am using bottled water for drinking' Many residents in Jakarta have to turn to bottled-water to fulfill their basic needs of a clean water supply. City-owned tap water company PAM Jaya has yet to develop a city-wide water network due to financial constraints.

IBRA cuts layoff target in bank merger

IBRA cuts layoff target in bank mergerDadan Wijaksana, The Jakarta Post, Jakarta The planned merger of five banks under the supervision of the Indonesian Bank Restructuring Agency (IBRA) is now expected to cause fewer job losses than initially predicted, agency Chairman Syafruddin Temmenggung said...

QSAR's fall brings lax regulations into spotlight

QSAR's fall brings lax regulations into spotlightBerni K. Moestafa, The Jakarta Post, Jakarta They may claim to be trading agricultural products, handicrafts, or cosmetics, but what companies like the now defunct PT Qurnia Subur Alam Raya (QSAR) really do is amass public funds without stringent...

KL trade surplus edges down, but exports show strength

KL trade surplus edges down, but exports show strengthAgence France-Presse, Kuala Lumpur Malaysia's trade surplus fell in July from the previous month, but exports showed better-than-expected strength, the trade ministry said Monday.Malaysia posted a surplus of 4.05 billion ringgit (US$1.

Arroyo shows her concern

Arroyo shows her concern Malaysia has suspended the deportation of illegal Filipino migrants after a deal was reached between Malaysian Prime Minister Mahathir Mohamad and President Gloria Macapagal-Arroyo.

Jakarta governor

Jakarta governor and deputy governor From Media Indonesia Fauzi Bowo has demonstrated his magnanimity by his willingness to be nominated as deputy governor of Jakarta for the 2002 to 2007 period. If he had not placed the interests of Jakarta and its residents above his own, he would have run for...

Public cautioned over landmines

Public cautioned over landmines AMBON, Maluku: Maluku Police chief Brig. Gen. Soenarko Danu Ardianto called on local residents on Monday to be on the alert for landmines planted in public places, admitting that his department did not have the necessary equipment to detect landmines.

Govt gives public officials one month to report wealth

Govt gives public officials one month to report wealthMoch. N. Kurniawan, The Jakarta Post, Jakarta The government has given all public officials in the bureaucracy until the end of this month to report their assets or face punishment.

Sultan criticized over special status bill

Sultan criticized over special status billSri Wahyuni, The Jakarta Post, Yogyakarta The governor of Yogyakarta, Sultan Hamengkubuwono X, submitted to the provincial legislature on Monday a bill on the region's special status.

10 killed in fresh violence in Aceh over the weekend

10 killed in fresh violence in Aceh over the weekendIbnu Mat Noor, The Jakarta Post, Banda Aceh At least 10 people were shot dead in four separate incidents in Aceh over the weekend, police and military officers said on Monday.Aceh Police spokesman Adj. Sr. Comr.

1. Merger (4x10)

1. Merger (4x10)IBRA cuts layoff target in bank merger 2. SME (2x27)Government provides 25% discount for SME debts 3. Inflat (1x18)Inflation up 10.6%4. Telkom (1x46)Telkom fails to complete plan to buy Ariawest

Prosecutors believe Syahril guilty

Prosecutors believe Syahril guilty JAKARTA: The Attorney General's Office (AGO) is planning to challenge the High Court's verdict acquitting Bank Indonesia Governor Syahril Sabirin from all charges in the Bak Bali case, saying it believed the official guilty.

Smuggling ships can be released on bail

Smuggling ships can be released on bailFabiola Desy Unidjaja, The Jakarta Post, Jakarta The government announced on Monday that it would release on bail nine vessels accused of smuggling sand to Singapore, while pledging to proceed with legal prosecution.

Malaysia to suspend repatriation of RP migrants

Malaysia to suspend repatriation of RP migrantsAgencies, Singapore/Kota Kinabalu, Malaysia Malaysia has agreed to suspend forced repatriations of illegal Filipino migrant workers amid outrage over conditions in detention camps, where three children are reported to have died, the British...

PKB to simulate upcoming election

PKB to simulate upcoming election JAKARTA: The Jakarta chapter of the People's Awakening Party (PKB) will conduct a simulation of a direct election to decide on Jakarta's governor in 56 locations across the five mayoralties here.

Surgery comes to an end for three-month-old Siamese twins

Surgery comes to an end for three-month-old Siamese twinsMuninggar Sri Saraswati, The Jakarta Post, Jakarta Baby Iksan looks weak. Several tubes poke from his tiny body. He is alone in a sterile room in the children's intensive care unit at Cipto Mangunkusumo (RSCM) general hospital in Central...

Fire leaves 1,000 homeless in Tambora

Fire leaves 1,000 homeless in Tambora JAKARTA: More than 1,000 residents of the densely populated Jembatan Lima area of Tambora, West Jakarta, were left homeless on Monday after a fire broke out at about 2 p.m.

RI awards Thai military chief

RI awards Thai military chief JAKARTA: The Indonesian government awarded on Monday Thailand's Armed Forces chief Adm. Narong Yuthavong for his role in boosting bilateral ties between the two countries.Defense minister Matori Abdul Djalil awarded the Bintang Yudha Dharma Utama medal to Narong during...

Where to go in Bandung for Tuesday, September 3, 2002

Where to go in Bandung for Tuesday, September 3, 2002Performances* Teen's Creativity Shows, Taman Budaya, Jl. Bukit Dago Selatan no. 53 A (Tel. 022 2504912), 7:30 p.m., Sept. 7. * Operetta Wah Cakepnya, Taman Budaya, 2 p.m., 4 p.m., Sept. 11 - 14.

Violence looms large in Banjarmasin

Violence looms large in BanjarmasinYuliansyah, The Jakarta Post, Banjarmasin A real possibility of violence looms large in South Kalimantan's provincial capital of Bandjarmasin as students and non- governmental organizations (NGOs) vow to step up their pressure against Governor Sjachriel Darham.

Symphony of colors by Banyuwangi artist

Symphony of colors by Banyuwangi artistYusuf Susilo Hartono, Contributor, Jakarta Banyuwangi, located on the eastern tip of Java island, is famous for its Gandrung dance. The music of this dance is just as dynamic as the traditional music of its close neighbor, Bali.

Telkom fails to complete plan to buy Ariawest

Telkom fails to complete plan to buy AriawestDow Jones, Jakarta State-owned telecommunications company PT Telkom said Monday it has failed to close a US$370 million deal to buy out its foreign partners - including AT&T Corp. - in a fixed-line project in West Java.

Li Peng's visit to Indonesia aimed at strengthening ties

Li Peng's visit to Indonesia aimed at strengthening tiesThe Jakarta Post, Jakarta Speaker of the Chinese parliament Li Peng plans a working visit to Indonesia to discuss various issues related to the efforts to enhance bilateral relations between the two countries.

Coordinate monetary policy, supervision

Coordinate monetary policy, supervisionFajar Hidayat, MBA, Int'l Banking & Finance, Birmingham University, UK According to Central Bank Law No. 23/1999, Bank Indonesia (BI) will no longer be responsible for supervising banks by the end of 2002.

Indonesia has hopes for 19 golds

Indonesia has hopes for 19 goldsThe Jakarta Post, Jakarta Based on a medal assessment conducted by sport organizations, Indonesia has a good chance at winning between 18 and 19 gold medals at the 2002 Asian Games, a national training director has said.

S'pore questions UN on al-Qaeda

S'pore questions UN on al-QaedaAgencies, Singapore Singapore took issue on Monday with a draft United Nations report that describes the city state as a place where the al-Qaeda network is receiving financial support, saying the claims were unsubstantiated.

Independent team needed to probe Papua ambush

Independent team needed to probe Papua ambushThe Jakarta Post, Timika/Jakarta Human rights groups demanded on Monday that an independent team be established to investigate the deadly ambush that left two U.S.

Fired workers want severance pay

Fired workers want severance pay BEKASI: Around 250 former workers of private company PT Espira took to the streets in Cibitung, east of the Jakarta, demanding that the company give them severance pay amounting to six-months salary.

Search halted for ship accident victims

Search halted for ship accident victimsJupriadi, The Jakarta Post, Makassar Authorities in South Sulawesi ceased on Monday the search for survivors of an overloaded ship that caught fire and exploded minutes later in waters adjacent to the province last Friday, leaving at least 16 people dead.

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pl .rm Stock prices on The Jakarta Stock Exchange (in rupiah) on Sept.2,2002 ----------------------------------------------------------------------------- Shares Close Change Trading Volume ----------------------------------------------------------------------------- Abdi Bangsa Tbk 270 0 0 Ades...

Government provides 25% discount for SME debts

Government provides 25% discount for SME debtsThe Jakarta Post, Jakarta Small and medium-scale enterprises (SMEs) with bad debts owed to the banking sector can enjoy a 25 percent debt reduction if they make a one-time cash settlement, said State Minister of Cooperatives and Small and Medium...

Tobacco farmers cry for help

Tobacco farmers cry for help BOJONEGORO, East Java: Some 600 tobacco farmers from 15 villages in Kepuhbaru district in East Java's Bojonegoro regency demanded on Monday that local councillors bring pressure to bear on cigarette producers to buy their tobacco.