Indonesian Political, Business & Finance News

Archive: 15 November 2001

75 articles found

Benchmark rate flat amid unstable rupiah

<p>Benchmark rate flat amid unstable rupiah</p><p>The Jakarta Post, Jakarta</p><p> Bank Indonesia's one month SBI promissory notes have entered their sixth week of flat trading, as the rate closed unchanged from last week's position of 17.

Over 517,000 Acehnese below poverty line

<p>Over 517,000 Acehnese below poverty line</p><p> BANDA ACEH, Aceh: More than 517,000 Acehnese people are still living under the poverty line due to the prolonged conflict in the resource-rich province, a local official says.

Rizal sees economy growing 4% in 2002

<p>Rizal sees economy growing 4% in 2002</p><p>Tantri Yuliandini, The Jakarta Post, Jakarta</p><p> Former coordinating minister for the economy Rizal Ramli said on Wednesday that despite the global economic slowdown, Indonesia's economic growth could still reach 3.

Arroyo's initiative

<p>Arroyo's initiative</p><p> If nothing else, the visit of the Philippines' president, Gloria Macapagal Arroyo, to Jakarta has resulted in some concrete agreements on fighting global terrorism and sharing intelligence information on transnational crimes.

Victims of AMA plane crash evacuated

<p>Victims of AMA plane crash evacuated</p><p>R.K. Nugroho, The Jakarta Post, Jayapura</p><p> The wreckage of the ill-fated Cessna light aircraft that crashed into a hillside in Wanggar subdistrict, Nabire regency, Irian Jaya, was found on Wednesday.

MONEY MATTERS

<p>MONEY MATTERS</p><p>The government will offer to investors between 18 and 20 oil and gas exploration blocks at the end of this month, Rachmat Soedibyo, director general of oil and gas at the Ministry of Energy and Mineral Resource announced on Wednesday.

Wanted: Manpower professionals

<p>Wanted: Manpower professionals </p><p>JAKARTA: Minister of Manpower and Transmigration Jacob Nuwa Wea is worried about the appointment of unprofessional people as chiefs of local manpower and transmigration offices.

Stock quotations on JSX

<p>Stock quotations on JSX</p><p>Stock Prices on the Jakarta Stock Exchange (in Rupiah) on Nov. 14, 2001</p><p> Shares Close Change Trading</p><p> Volume ------------------------------------------------------- Ades Alfindo 1,175 -25 26,500 Adindo Foresta 75...

Local hoodlum killed by mob

<p>Local hoodlum killed by mob</p><p> BOGOR: Angry residents of Kampung Cikarawang, Dramaga subdistrict, Bogor, mobbed an alleged notorious hoodlum to death and threw his body into the Ciapus River late on Tuesday.

1. Magang - 18 x 2 lines -

<p>1. Magang - 18 x 2 lines -</p><p>N. Sulawesi sends 40 paying students to RP</p><p>2. Wanita - 18 x 2 lines -</p><p> 200 take part in protest against violence to women</p><p> 3.

'Levies should be based on by-laws'

<p>'Levies should be based on by-laws'</p><p> BANJARMASIN, South Kalimantan: An expert has called on the provincial administration to phase out illegal levies that have overburdened local people.

JORR to be resumed next January

<p>JORR to be resumed next January</p><p> JAKARTA: Minister of Resettlement and Regional Infrastructure, Soenarno, said that he was optimistic the development of the neglected Jakarta Outer Ring Road (JORR) would resume in January.

WIC to hold charity bazaar

<p>WIC to hold charity bazaar</p><p> JAKARTA: The annual charity bazaar organized by the Women's International Club will take place Thursday at the Jakarta Hilton Convention Center.

Immigration law amended to benefit expatriates

<p>Immigration law amended to benefit expatriates</p><p>Tertiani ZB Simanjuntak, The Jakarta Post, Jakarta</p><p> Indonesia will amend its immigration laws so as to ease foreigners' permit procedures and to better respect human rights, officials said on Wednesday.

RI awaits UN for Afghanistan mission

<p>RI awaits UN for Afghanistan mission</p><p>The Jakarta Post, Jakarta</p><p> The government on Wednesday said it was awaiting a formal request from the United Nations to deploy troops as part of its probable peacekeeping mission in Afghanistan as Muslim leaders here...

RI to give visa-free facility, but only on reciprocal basis

<p>RI to give visa-free facility, but only on reciprocal basis</p><p>Tertiani ZB Simanjuntak The Jakarta Post Jakarta</p><p> Indonesia will amend its immigration laws so as to ease foreigners' permit procedures and to better respect human rights, officials said on...

Purge New Order, corruption now!

<p>Purge New Order, corruption now!</p><p>From Rakyat Merdeka</p><p>I can no longer bear to witness the widespread corruption in this country. It has been committed by both bureaucrats and businesspeople who are ardent supporters of the New Order, former president...

RSCM celebrates 82nd anniversary

<p>RSCM celebrates 82nd anniversary</p><p> JAKARTA: The state-owned Cipto Mangunkusomo hospital in Central Jakarta (RSCM) celebrated its 82nd anniversary on Wednesday and inaugurated a new hospital director.

Gambling suspects detained

<p>Gambling suspects detained</p><p>Damar Harsanto, The Jakarta Post, Jakarta</p><p> A total of 37 gambling suspects have been arrested since Oct. 25 during a police crackdown on illegal activities such as gambling and the sale of firecrackers, alcohol and drugs.

Party calls official corruption a threat

<p>Party calls official corruption a threat</p><p> VIETNAM: Ruling Communist Party is undertaking a "fierce" fight against worsening official corruption while reiterating its commitment to a one-party political system, state-controlled media said on Wednesday.

M-WEB to invest $10m next year

<p>M-WEB to invest $10m next year</p><p>Moch. N. Kurniawan, The Jakarta Post, Jakarta</p><p> Leading Internet firm M-WEB Indonesia, a subsidiary of South Africa-based firm Myriad International Holdings (MIH), said on Wednesday it would continue to invest in the...

Regents continue to oppose oil and gas law, creates uncertainty in industry

<p>Regents continue to oppose oil and gas law, creates uncertainty in industry</p><p>Adianto P.Simamora, The Jakarta Post, Jakarta</p><p> Uncertainty continues to plague the oil and gas industry as the country's regions persist in rejecting the new oil and gas...

Retail industry enjoy $3.5b turnover: Survey

<p>Retail industry enjoy $3.5b turnover: Survey</p><p>Tantri Yuliandini, The Jakarta Post, Jakarta</p><p> The domestic retail industry is expected to enjoy sales turnover of approximately Rp 36.7 trillion (about US$3.5 billion) in 2001, of which 32.

RI to give visa-free facility, but only on reciprocal basis

<p>RI to give visa-free facility, but only on reciprocal basis</p><p>Tertiani ZB Simanjuntak The Jakarta Post Jakarta</p><p> Indonesia will amend its immigration laws so as to ease foreigners' permit procedures and to better respect human rights, officials said on...

Forced eviction may leave 35,000 families homeless

<p>Forced eviction may leave 35,000 families homeless</p><p>Emmy Fitri, The Jakarta Post, Jakarta</p><p> Around 35,000 families here would be left homeless if the Jakarta administration continued with the controversial demolition of slum areas across the capital,...

Fake painting in upcoming auction

<p>Fake painting in upcoming auction</p><p> It has been brought to my attention that there will be an art auction, held by City Auction House in conjunction with The White Gallery, called "Love Heart, Charity for the Children," as written up in The Jakarta Post of Nov.

RI to give visa-free facility, but only on reciprocal basis

<p>RI to give visa-free facility, but only on reciprocal basis</p><p>Tertiani ZB Simanjuntak The Jakarta Post Jakarta</p><p> Indonesia will amend its immigration laws so as to ease foreigners' permit procedures and to better respect human rights, officials said on...

Rupiah Rates Nov. 14

<p>Rupiah Rates Nov. 14</p><p> Bank notes rates TT rates</p><p> Selling Buying Selling Buying</p><p> Rp Rp Rp Rp</p><p> U.S. dollar 1 10,105.00 11,105.00 10,552.00 10,658.00</p><p>Austrian schilling 1 646.68 711.08 675.28 682.

Corporate Briefs

<p>Corporate Briefs</p><p>State-owned Bank Mandiri plans to issue US$100 million in five- year floating rate Eurobonds to refinance its debt due next year and to improve its financial structure.

U.S. curbs visa for adopted babies

<p>U.S. curbs visa for adopted babies</p><p> CAMBODIA: The United States said on Wednesday it would maintain a tight clamp on issuing visas for Cambodian babies adopted by Americans following a "baby buying" scandal which erupted here in August.

Eight garment workers arrested in protest

<p>Eight garment workers arrested in protest</p><p>Multa Fidrus, The Jakarta Post, Tangerang</p><p> After firing five warning shots, the police successfully broke up a rally on Wednesday and arrested eight workers of PT Koinus Jaya Garment who had been demonstrating,...

Govt needs to extend IMF program: Official

<p>Govt needs to extend IMF program: Official</p><p>Berni K. Moestafa, The Jakarta Post, Jakarta</p><p> The government should extend its agreement to an economic reform program under the supervision of the International Monetary Fund (IMF) in order to maintain badly...

Lampung employers asked to pay bonus

<p>Lampung employers asked to pay bonus</p><p> BANDARLAMPUNG, Lampung: Lampung's provincial administration has called on employers to pay their Muslim employees the obligatory annual bonus at least seven days before the Idul Fitri holidays on Dec.16 and Dec.17, 2001.

U.S. continues humming contradictory tune

<p>U.S. continues humming contradictory tune</p><p>Harry Bhaskara, Staff Writer, The Jakarta Post, New York</p><p> Public attention here has mostly shifted to the U.S.-led military attack on Afghanistan, two months after the Sept.

North Sulawesi sends 40 students to Philippines

<p>North Sulawesi sends 40 students to Philippines</p><p>Yongker Rumthe, The Jakarta Post, Manado</p><p> North Sulawesi sent on Wednesday 40 students of several vocational high schools to undergo an apprenticeship program at their own expense in a number of professions...

Govt offices in Arso used as pig pens

<p>Govt offices in Arso used as pig pens</p><p> JAYAPURA, Irian Jaya: Four government offices in Arso subdistrict in Jayapura regency have been used to farm pigs after being abandoned for reasons that remain unclear.

Ramadhan starts on Friday

<p>Ramadhan starts on Friday</p><p> JAKARTA: Minister of Religious Affairs Said Agil Munawar said that the fasting month of Ramadhan would start on Friday.</p><p>"The beginning of the fasting month will be Nov.

U.S. forces chief meets RP generals

<p>U.S. forces chief meets RP generals</p><p> PHILIPPINES: The head of U.S. forces in the Pacific flew to the embattled region of Mindanao on Wednesday as Washington ponders a military aid package to help the Philippines battle extremist Moro rebels.

Military to take tough actions against rioters in Poso

<p>Military to take tough actions against rioters in Poso</p><p>Badri Jawara, The Jakarta Post, Poso</p><p> The military has vowed to take resolute action against those involved in or instigating riots in the regency of Poso, the chief of the Tadulako Military Command,...

PKB leadership conflict intensifies

<p>PKB leadership conflict intensifies</p><p>Endy M. Bayuni and Abu Hanifah, The Jakarta Post, Jakarta</p><p> The leadership feud within the National Awakening Party (PKB) intensified on Wednesday when a national working conference involving supporters of Matori Abdul...

'Barong' gathering strengthens spiritual bond

<p>'Barong' gathering strengthens spiritual bond</p><p>Ananta Wijaya, Contributor, Tabanan, Bali</p><p> Black cloud blankets the Pucak Padang Dawa hills in Baturiti village, Tabanan. Soon, heavy rains are likely to deluge these hills south of Denpasar. Bali.

The government will offer to investors between 18 and 20 oil and

<p>The government will offer to investors between 18 and 20 oil and gas exploration blocks at the end of this month, Rachmat Soedibyo, director general of oil and gas at the Ministry of Energy and Mineral Resource announced on Wednesday.

Legislator accused of illegal logging

<p>Legislator accused of illegal logging</p><p>The Jakarta Post, Jakarta</p><p> Non-governmental organizations urged legal authorities on Wednesday to look into possible links that legislator Abdul Rasyid had with an illegal-logging syndicate in Kalimantan.

'Graft case loaded with politics'

<p>'Graft case loaded with politics'</p><p>Muninggar Sri Saraswati, The Jakarta Post, Jakarta</p><p> Central Bank Governor Syahril Sabirin said Wednesday that politics had highlighted his trial on corruption charges linked to the Bank Bali scandal in 1999...

Honorary degrees for sale

<p>Honorary degrees for sale</p><p>From Kompas</p><p>I used to be one of those who didn't believe that honorary degrees could be "purchased". However, recently I received a letter from Lembaga Informasi Fasilitas Indonesia (the Facility Information Body...

The government will offer to investors between 18 and 20 oil and

<p>The government will offer to investors between 18 and 20 oil and gas exploration blocks at the end of this month, Rachmat Soedibyo, director general of oil and gas at the Ministry of Energy and Mineral Resource announced on Wednesday.

China's WTO entry places squeeze on Southeast Asia

<p>China's WTO entry places squeeze on Southeast Asia</p><p>Bernice Han, Agence France-Presse, Singapore</p><p> China's entry into the global trading community next month will place even more strain on Southeast Asia, already reeling from the worldwide...

Gafur, Fadel in Mega's hands

<p>Gafur, Fadel in Mega's hands</p><p> JAKARTA: Minister of Home Affairs Hari Sabarno said on Wednesday that concern over the delayed inauguration of governors Abdul Gafur of North Maluku and Fadel Mohammad of Gorontalo could trigger local political unrest.

Comics expo at the British Council

<p>Comics expo at the British Council</p><p> JAKARTA: The British Council is collaborating with the Indonesian Comic Collectors' Society (Pengki) to hold the second and third part of its comics exhibition from Nov. 1 to Dec. 31.

'Fake Kerton' adds color to charity auction for children

<p>'Fake Kerton' adds color to charity auction for children</p><p>Mehru Jaffer, Contributor, Jakarta</p><p> News that Sudjana Kerton's Tukang Balon (Balloon seller) was a fake only added to the excitement already generated by the auctioneer's hammer...

Gunung Kidul prone to dengue epidemics

<p>Gunung Kidul prone to dengue epidemics</p><p> YOGYAKARTA: At least 17 of 114 villages in the Gunung Kidul regency are prone to dengue fever epidemics, says a local official.</p><p>"The villages that are prone to the epidemics are located in water-rich...

W. Java to deploy 16,000 police

<p>W. Java to deploy 16,000 police</p><p> BANDUNG, West Java: The West Java Provincial Police will deploy 16,000 personnel to step up security during the exodus of the millions of Jakartans who are expected to celebrate the upcoming Idul Fitri holidays, Christmas and 2002 New Year...

Plant trees to save environment

<p>Plant trees to save environment</p><p> JAKARTA: The government has called on the public to take an active role in protecting the country's forests from destruction, which has affected 2.1 million hectares per year.

Legal experts debating changes on birth citizenship

<p>Legal experts debating changes on birth citizenship</p><p>Fitri Wulandari, The Jakarta Post, Jakarta</p><p> Legal experts are currently debating a change to the 1958 Law on Citizenship which would allow a child born in Indonesia to obtain citizenship regardless of...

Family, friends on bury Theys on Saturday

<p>Family, friends on bury Theys on Saturday</p><p>The Jakarta Post, Jakarta</p><p> Secretary of the proindependence Papuan Presidium Council (PDP) Thaha Al Hamid said in Jayapura, Irian Jaya, on Wednesday that the body of PDP chairman Theys Hiyo Eluay would be buried...

TV today

<p>TV today</p><p>TVRI</p><p> 5:00 a.m. Religious Teachings 6:00 News 8:00 Environment 8:45 City News 10:00 Children's Songs 10:30 30 Minutes with Anita Rahman 11:00 Regional News 11:30 Music 12:00 p.m.

Satelindo to launch IPO mid-2002

<p>Satelindo to launch IPO mid-2002</p><p>The Jakarta Post, Jakarta</p><p> Cellular operator PT Satelindo will float its shares via an initial public offering (IPO) by the middle of next year and was expected to earn US$75 million in cash to help finance the expansion...

Asian currencies mostly up late, rupiah closes slightly lower

<p>Asian currencies mostly up late, rupiah closes slightly lower</p><p>Netty Ismail, Dow Jones, Singapore</p><p> Most Asian currencies were higher late Wednesday, with the rally in North Asian stock markets overpowering the pressure on the currencies of South Korea and...

Message of Ambassador, Proposing a new partnership

<p>Message of Ambassador, Proposing a new partnership</p><p> Each year King's Day, which Belgium celebrates on the 15th November, gives us the occasion to stand still for a moment to reflect and to focus on the relations between Belgium and Indonesia.

1. Law (2x24)

<p>1. Law (2x24) Regents continue to oppose oil and gas law </p><p> 2. Ritel (2x18) Retail industry enjoys $3.5b turnover: Survey </p><p> 3. Rates (2x18) BI rates flat amid unstable rupiah </p><p> 4.

Local lawmakers reject privatization

<p>Local lawmakers reject privatization</p><p>The Jakarta Post, Makassar</p><p> The authority of central government was challenged afresh as the South Sulawesi House of Representatives (DPRD) issued a statement rejecting a plan to sell PT Semen Tonasa, a local...

Where to go in Bali:

<p>Where to go in Bali:</p><p>Seminar</p><p>* Seminar and performance on Commedia dell'Arte by Marco Luly, at Udayana University, in Denpasar, Nov. 16.</p><p>Museums and Galleries</p><p>* Blue Moon Gallery, Jl.

State-owned Bank Mandiri plans to issue US$100 million in five-

<p>State-owned Bank Mandiri plans to issue US$100 million in five- year floating rate Eurobonds to refinance its debt due next year and to improve its financial structure. Dow Jones Newswire quoted the bank as saying on Wednesday the coupon would be set at the six-month London Interbank...

Guideline on holiday bonus

<p>Guideline on holiday bonus</p><p> JAKARTA: Minister of Manpower and Transmigration Jacob Nuwa Wea has issued a guideline on the disbursement of Idul Fitri bonuses, suggesting that bonuses be given seven days before the holiday, at the latest, a report said.

RI cannot be permitted to collapse

<p>RI cannot be permitted to collapse</p><p>The Straits Times, Asia News Network, Singapore</p><p> Last week, Indonesia received a fresh credit line of US$3.14 billion (S$5.

Sutiyoso signs decree on entertainment spots

<p>Sutiyoso signs decree on entertainment spots</p><p>The Jakarta Post, Jakarta</p><p> Governor Sutiyoso has signed the decree that orders the closure of a number of entertainment spots during the fasting month of Ramadhan, but which does not explicitly ban the sale of...

NGOs should not take over MPR

<p>NGOs should not take over MPR</p><p>From Republika</p><p>Indonesian-based NGOs have increasingly shown that they know best and have demonstrated their self-righteousness.

Supreme Court Justices fail to testify in bribery trial

<p>Supreme Court Justices fail to testify in bribery trial</p><p>The Jakarta Post, Jakarta</p><p> Prosecutors failed to present three Supreme Court Justices and two former justices at the Supreme Court as witnesses in the corruption case trial of a Jakarta High Court...

Hospital lack waste treatment facilities

<p>Hospital lack waste treatment facilities</p><p>Fitri Wulandari, The Jakarta Post, Jakarta</p><p> Most hospitals in urban areas have failed to develop adequate waste processing facilities, with hazardous substances still contained within waste posing a serious danger...

Why should we rely on IMF?

<p>Why should we rely on IMF? </p><p> Despite calls for Indonesia to become self-reliant, the government has taken controversial steps. Finance Minister Boediono hinted that the government will extend its contract with the International Monetary Fund (IMF) in 2002.

Phopto caption

<p>Phopto caption</p><p>EMERGENCY RIDE</p><p> Thousands of passengers were stranded at the Blok M bus terminal in South Jakarta on Wednesday as hundreds of bus drivers went on strike after the City Land Transportation Agency (DLLAJ) altered their routes on Tuesday.

Close immoral entertainment

<p>Close immoral entertainment</p><p>From Neraca</p><p>I disagree with the Jakarta Governor's plan to allow night entertainment businesses to operate with restricted hours between the end of evening prayers and the pre-daybreak meal during the fasting month,...

PSSi drops Asian Games 2002 bid

<p>PSSi drops Asian Games 2002 bid</p><p>Musthofid, The Jakarta Post, Jakarta</p><p> The Indonesian Soccer Association (PSSI) has brought to an end the polemics over its much-questioned demand, for a 2002 Asian Games spot with the Indonesian contingent, after its chief...

200 women protest against violence

<p>200 women protest against violence</p><p>Panca Nugraha, The Jakarta Post, Mataram</p><p> In observance of the International Day of the Eradication of Violence against Women, which will fall on Nov.

Australia deports 37 boat people

<p>Australia deports 37 boat people</p><p> SRI LANKA: Australia on Wednesday deported 37 Sri Lankans, many of whom risked a boat journey across the Indian Ocean to enter its shores illegally, an official in Colombo said.