Indonesian Political, Business & Finance News

Archive: 18 August 2001

80 articles found

Separatists free abducted Belgians

Separatists free abducted Belgians JAYAPURA, IriaN Jaya (JP): Two Belgians held hostage by separatist rebels in the Irian Jaya hinterland have been freed after nearly two months in captivity. Negotiators claim that no ransom was involved in the release of Johan Van den Eynde, 47, and Philippe Simon, 49, with the separatist Free Papua Movement (OPM) only asking that the release be published through the international media.

Telkom reports 19.46% increase in H1 earnings

Telkom reports 19.46% increase in H1 earnings JAKARTA (JP): Publicly listed state-owned telecommunications company PT Telkom announced on Thursday a 19.46 percent increase in consolidated net income to Rp 1.7 trillion (US$196.6 million) for the first six months of this year compared to the same period in 2000. The company said in a statement that earnings per share was Rp 170.69, or Rp 3,413.71 earnings per American Depository Share (ADS). Total operating revenue jumped by 31.13 percent to Rp 7.

2. Aceh ----- 3x14

2. Aceh ----- 3x14 Explosions jolt Independence Day festivities in Aceh

Flying of national flag

Flying of national flag From Kompas I have been concerned recently over the hoisting of our national flag in front of houses, private companies and state enterprises. This state symbol has now lost much of its significance as it is quite common to see the flag unfurled improperly for months on end in front of many houses and offices. In other cases, the flag is made of cheap cloth, showing a lack of attention on the part of the house/office building owners.

Show marks anniversary of Sukarno's birth

Show marks anniversary of Sukarno's birth By Primastuti Handayani JAKARTA (JP): Guruh Soekarno Putra's Menggugat (Guruh Soekarno Putra's Demands) would perhaps be a more appropriate title for his show commemorating the 100th anniversary of the birth of his father, first president Sukarno. His piece, Perikemanusiaan (Humanity), which was presented by pop diva Reza, might well represent his own reflections on what happened to his father.

Business permits

Business permits From Media Indonesia The Decree of the Minister of Industry and Trade No. 591/MPP/Kep/10/1999 of October 13, 1999 lays down, among other things, the procedures and requirements for an application for a business permit by owners of corporate entities. While the owners of such corporations are interested in obtaining business permits, many are still in the dark about how to go about it.

Percasi names nine players for SEAG

Percasi names nine players for SEAG JAKARTA (JP): The Indonesian Chess Federation (Percasi) has named nine players to represent Indonesia at the Kuala Lumpur Southeast Asian (SEA) Games. The chess tournament will be held in Kuala Lumpur as an exhibition event before being officially included at the Hanoi 2003 SEA Games.

JAKARTA (JP): Today many schools boast they have a lot of

JAKARTA (JP): Today many schools boast they have a lot of subjects to teach their students. To ignorant parents, this seems promising as they believe their children will be the cleverer, the more subjects are crammed into their brains. Little do these parents suspect that too many subjects will rob their children of the fun of learning. 2.

INTERVIEW-Malaysia Muslim leader says Mahathir scaremongering

INTERVIEW-Malaysia Muslim leader says Mahathir scaremongering KUALA TERENGGANU, Malaysia (Reuters): An influential Malaysian Islamic opposition leader said on Friday a crackdown by Prime Minister Mahathir Mohamad's government on alleged Muslim extremists was scaremongering to shore up dwindling support.

Stock quotations on JSX

Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on August 16, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,550 25 408,000 Adindo Foresta 105 0 50,000 AGIS 140 0 193,500 Akbar Indo Makmur 1,625 0 0 Alakasa 260 20 3,500 Alfa Retailindo 950 25 37,000 Alter Abadi 85 0 0 Alumindo Light 675 0 0 Andhi Chandra 2,025 0 0 Aneka Kimia Raya 200 0 0 Aneka Tambang 1,000 -25 81,000 Apac Citra 355 0 0 Aqua...

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Ceramics by Yogiswari and Kurniawati, Pusat Kebudayaan Jepang - The Japan Foundation, Summitmas I, Jl. Jend. Sudirman Kav. 61- 62 South Jakarta (Phone: 5201266), Aug. 18. * Painting, Ceramics Paul Husner, F. Widayanto, Galeri Minima - Maxima, Jl. Sultan Iskandar Muda 88D, Arteri Pondok Indah (Phone: 7207171, 7209009), 10:30 a.m. to 6:30 p.m., until Aug. 23. * Painting by Alfi, Galeri Lontar, Jl.

Traditional games boost unity and happiness

Traditional games boost unity and happiness JAKARTA (JP): Pole climbing, gunny sack races and dashes involving small feats, such as balancing a marble on a spoon, were the most popular games played in communities across Jakarta and its suburbs to commemorate Indonesia's Independence Day on Aug. 17. The annual celebration has always enjoyed great popularity, with many communities preparing for the celebration weeks or even months beforehand.

Megawati asks donors for 'breathing space'

Megawati asks donors for 'breathing space' JAKARTA (JP): President Megawati Soekarnoputri appealed to donor countries on Thursday to give Indonesia "elbowroom" and "breathing space" in fulfilling its debt obligations.

Fraud aimed at officials

Fraud aimed at officials From Media Indonesia With reference to our letter No. 356/022/PUMDA of Jan. 4, 2001 regarding fraud attempts using the names of government officials, we would like to let the public know that recently there have been attempts at fraud using the name of the Director General of Regional Autonomy (Dr. Ir. Sudarsono H., MA) at the Ministry of Home Affairs, as well as other officials from this ministry.

[i] Regardless of how trivial they may be, KKN practices will

Regardless of how trivial they may be, KKN practices will transgress public trust and at the same time violate one's official oath.

Fake journalists

Fake journalists From Koran Tempo It makes one feel sad, and it is disconcerting that some journalists, especially those craving money (or known locally as "money-envelope reporters") downgrade the credibility of journalists in general.

Mahathir scaremongering, says opposition leader

Mahathir scaremongering, says opposition leader KUALA TRENGGANU, Malaysia (Reuters): An influential Malaysian Islamic opposition leader said on Friday a crackdown by Prime Minister Mahathir Mohamad's government on alleged Muslim extremists was scaremongering to shore up dwindling support.

KL's opposition faces split over Islamic extremism

KL's opposition faces split over Islamic extremism KUALA LUMPUR (Agencies): Malaysia's opposition alliance faces a possible split this weekend as an ethnic-Chinese party debates pulling out over fears of Islamic extremism, an official said Friday. The two-year-old Alternative Front (BA) alliance has been at the crossroads for months over a declaration by its dominant member, the Parti Islam SeMalaysia (PAS), that it would establish an Islamic state once in power.

RP's army took bribes, alleges Abu Sayyaf leader

RP's army took bribes, alleges Abu Sayyaf leader MANILA (AFP): An Abu Sayyaf rebel leader Friday alleged he had bribed the army to let his kidnap gang and its U.S. and Filipino hostages break out of a military cordon. The rebel leader's allegations, which back up charges of collusion made by a former Abu Sayyaf hostage, were made 83 days into the latest hostage crisis involving the Moro gunmen in the south. "The soldiers were only three meters away ...

E. Timor welcomes Megawati's Independence Day remarks

E. Timor welcomes Megawati's Independence Day remarks DILI, East Timor (AP): Political leaders and UN administrators Friday hailed Indonesian President Megawati Soekarnoputri's acknowledgment of East Timor's independence and said they were encouraged by her commitment to human rights. On Thursday, Megawati said for the first time that she respected East Timor's right to secede from Indonesia in her state of the nation speech in Jakarta.

Stock quotations on JSX

Stock quotations on JSX .rm .pl Stock prices on the Jakarta Stock Exchange (in rupiah) on August 16, 2001: -------------------------------------------------------------- Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,550 25 408,000 Adindo Foresta 105 0 50,000 AGIS 140 0 193,500 Akbar Indo Makmur 1,625 0 0 Alakasa 260 20 3,500 Alfa Retailindo 950 25 37,000 Alter Abadi 85 0 0 Alumindo Light 675 0 0 Andhi Chandra 2,025 0 0 Aneka...

Cautius steps in reform needed to heal the nation

Cautius steps in reform needed to heal the nation The following is the state-of-the-nation address delivered by President Megawati Soekarnoputri before the House of Representatives on Aug. 16, 2001 ahead of Independence Day. Allow me to invite all of us to together praise and thank God the Most Merciful and Most Compassionate, for only with His mercy can we gather together in this noble and esteemed Assembly Hall. At this juncture, such praise and gratitude are certainly very meaningful for us.

PKB is a no-show at House plenary session

PKB is a no-show at House plenary session JAKARTA (JP): Legislators of the National Awakening Party (PKB) were nowhere to be seen during the House of Representatives plenary session on Thursday at which President Megawati Soekarnoputri gave her state-of-the nation address. The 57 seats allotted to the PKB legislators were left vacant. House leaders had no formal explanation about the matter.

Street vendors not dregs of society

Street vendors not dregs of society From Warta Kota The recent raids (euphemistically termed "acts of rectification" by officials) on Jakarta's street vendors have caused much apprehension because the Jakarta city administration's public order officers often physically abuse the vendors.

Celebration without ex-presidents

Celebration without ex-presidents JAKARTA (JP): President Megawati Soekarnoputri led her first independence day ceremony at Merdeka Palace on Friday, the same day her father Sukarno declared Indonesia's independence 56 years ago. Indonesia's three surviving former presidents, Soeharto, B.J. Habibie and Abdurrahman Wahid, did not attend the celebration, which involved around 5,000 guests representing various sections of society, including war veterans and foreign envoys.

Judicial review of Tommy Suharto case processed

Judicial review of Tommy Suharto case processed JAKARTA (JP): The Supreme Court is currently processing a court review of the corruption case of fugitive son of former president Soeharto, Hutomo "Tommy" Mandala Putra, who has already been sentenced to 18 months in jail. Supreme Court chief Bagir Manan said on Friday that his office would soon select justices to handle the case.

PKB is a no-show at House plenary session

PKB is a no-show at House plenary session JAKARTA (JP): Legislators of the National Awakening Party (PKB) were nowhere to be seen during the House of Representatives plenary session on Thursday at which President Megawati Soekarnoputri gave her state-of-the nation address. The 57 seats allotted to the PKB legislators were left vacant. House leaders had no formal explanation about the matter.

By Christ Tumelap

By Christ Tumelap Few takers for online shopping -------------------------------------------------------- Despite the high expectations on the country, which has been praised by Internet analysts as a enormous potential market, the growth of e-commerce in Indonesia has been slow. --------------------------------------------------------- JAKARTA (JP): The number of people who use Internet might double to four million this year, thanks to the mushrooming of cheap Internet kiosks.

Try's house catches fire

Try's house catches fire JAKARTA (JP): Fire damaged part of former vice president Gen. (ret.) Try Sutrisno's house on Jl. Bambu Apus 54, East Jakarta, on Wednesday shortly before midnight. An officer from the East Jakarta fire department told Antara that 11 fire engines rushed to the scene soon after the fire started at 11:10 p.m. The fire was extinguished within an hour. The fire, which damaged one bedroom and a bathroom, was caused by a short circuit in an air conditioner.

Take a pick of TV anniversary specials

Take a pick of TV anniversary specials By Sri Ramadani JAKARTA (JP): It's probably more than you can watch. Just take your pick: Hollywood movies, Indonesian TV films, light comedies or music shows, all of them only a click away. Three television stations -- Rajawali Citra Televisi Indonesia (RCTI), Surya Citra Televisi (SCTV) and, to a lesser degree, state-owned Televisi Republik Indonesia (TVRI) -- are going all out in preparing special programs to mark their anniversary celebrations this Aug.

Sjamsul, Prajogo to return home

Sjamsul, Prajogo to return home JAKARTA (JP): Magnates Sjamsul Nursalim and Prajogo Pangestu are expected to return to Jakarta next month to face graft charges, an official said on Friday. Director general for immigration at the Ministry of Justice and Human Rights Iman Santoso, said his office was still in the process of revoking the two suspects' passports and replacing them with a single-entry permit to enter Indonesia.

Hari Sabarno pledges to repair regional autonomy

Hari Sabarno pledges to repair regional autonomy JAKARTA (JP): Newly-appointed Minister of Home Affairs Hari Sabarno has said the smoothening out of the shaky start of regional autonomy would be one of his primary objectives, including ensuring that it would not lead to the breakup of the unitary state. "The main basis of implementing regional autonomy is that it could lessen the disparity between the regions so they would not leave the Indonesian unitary state," Hari said here on Wednesday.

Judicial review of Tommy Soeharto case initiated

Judicial review of Tommy Soeharto case initiated JAKARTA (JP): The Supreme Court is currently processing a court review of the corruption case of fugitive son of former president Soeharto, Hutomo "Tommy" Mandala Putra, who has already been sentenced to 18 months in jail. Supreme Court chief Bagir Manan said on Friday that his office would soon select justices to handle the case.

Three die in tragedy on Independence Day

Three die in tragedy on Independence Day JAKARTA (JP): Independence Day celebrations in northern Kebayoran Lama, South Jakarta, turned tragic on Friday when an old two-story house collapsed, causing three people to die instantly and injured 14 others, a number of them seriously.

JP/5/MEG3

JP/5/MEG3 To operate a modern economic system without the support of a reliable national banking system is surely impossible. We must learn much from our bitter experience in managing the banking sector; especially after economic liberalization in 1983. We have violated so many conservative norms in banking management, which have been established over a long period. We really need to learn from this experience, to prevent us from becoming like the old man who lost his cane twice.

Veterans hope youngsters appreciate sacrifice

Veterans hope youngsters appreciate sacrifice JAKARTA (JP): Indonesia celebrated its 56th Independence Day on Friday with many celebrations held in housing complexes, offices and schools. Malls were full of red and white decorations and even TV stations broadcast special programs for the occasion. The younger generation may identify Independence Day with parties and a day off, an issue which sparks concern among older people who joined the struggle to secure and uphold Indonesia's independence.

PKB

PKB PKB is a no-show at House plenary session. Page 2 Tommy Judicial review of Tommy Soeharto case initiated. Page 3 Teaching Bring fun to classroom! Page 4 Badminton Johan and Taufik cruise to semifinals. Page 6 Housing Kebayoran Baru, RI's first housing complex. Page 8 Telecoms Govt to sell state telecoms in September. Page 12

Judicial review of Tommy Suharto case processed

Judicial review of Tommy Suharto case processed JAKARTA (JP): The Supreme Court is currently processing a court review of the corruption case of fugitive son of former president Soeharto, Hutomo "Tommy" Mandala Putra, who has already been sentenced to 18 months in jail. Supreme Court chief Bagir Manan said on Friday that his office would soon select justices to handle the case.

Inmates know not what to do after freedom

Inmates know not what to do after freedom JAKARTA (JP): Many convicts who were given back their freedom on Friday were deeply confused about what to do next as they thought they had lost their place in society. Wawan, 31, was one of 14 convicts at the Tangerang correctional institution whose sentence was reduced and was released on Friday. He had served a term of 11 months for swindling goods from a factory he had worked at. He said he had given up hope of finding another job.

Judicial review of Tommy Suharto case processed

Judicial review of Tommy Suharto case processed JAKARTA (JP): The Supreme Court is currently processing a court review of the corruption case of fugitive son of former president Soeharto, Hutomo "Tommy" Mandala Putra, who has already been sentenced to 18 months in jail. Supreme Court chief Bagir Manan said on Friday that his office would soon select justices to handle the case.

IBRA plans to sell unrestructured loans worth Rp 8t

IBRA plans to sell unrestructured loans worth Rp 8t JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) plans to sell off Rp 8 trillion (about US$919 million) in unrestructured loans via an open tender process starting this year, a source at the agency said on Thursday. He said the Rp 8 trillion would consist of small and medium loans of between Rp 5 billion to Rp 50 billion. "Details of the plan are tentative, we're still finalizing it," he told The Jakarta Post over the phone.

Council: Sell city-owned firms that suffer continuous losses

Council: Sell city-owned firms that suffer continuous losses JAKARTA (JP): City councillors suggested on Thursday that the city administration sell its companies which continue to suffer losses. Chairman of Commission B on economic affairs Syarif Zulkarnaen Ginting revealed that the administration had spent too much money on the companies and gained too little profit.

Rupiah Rates August. 16

Rupiah Rates August. 16 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

Johan and Taufik cruise to Singapore semis

Johan and Taufik cruise to Singapore semis JAKARTA (JP): Indonesia's Johan Hadikusuma and Taufik Hidayat passed through Friday's Malaysia-dominated quarterfinals round of the US$120,000 Sunrise-Yonex Singapore Open to set up semifinals matches against two Malaysian shuttlers. Taufik passed through Malaysian Sairul Amar Ayob quite easily despite losing the second game to seal a 7-1, 1-7, 7-0, 7-0 victory. The world's no.

Photo A/B: Aceh

Photo A/B: Aceh JP/Muharram M. Nur Reuters/Beawiharta INDEPENDENCE DAY CELEBRATION: A group of school girls in Islamic outfit (above) walk past Banda Aceh Grand Mosque on their way to an open field for a ceremony to mark the 56th anniversary of Indonesia's Independence Day. Hundreds of students from various schools flocked to the Blang Padang park in the capital of the troubled province to join the flag-raising ceremony on Friday.

Reforming Indonesia

Reforming Indonesia Indonesia's President Megawati Soekarnoputri is exceeding expectations left and right. Last week she awarded the most important positions in her cabinet to well-respected technocrats, doling out lesser posts to her coalition partners, and the markets gave their nod of approval.

Rupiah Rates August. 16

Rupiah Rates August. 16 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

Megawati apologizes to Acehnese, Papuans

Megawati apologizes to Acehnese, Papuans JAKARTA (JP): In her first state of the nation address on Thursday, President Megawati Soekarnoputri apologized for past human rights abuses, promised to maintain national unity and outlined her vision, which will focus on efforts to rescue the country from its current dilemmas.

Fresh start in Jakarta

Fresh start in Jakarta The new government in Indonesia, gives hope after years of drift. President Megawati Soekarnoputri has won praise for a cabinet that favored professionalism over politics. But the massacre of at least 30 civilians in a province on Thursday was evidence of the challenges facing the new leader. The Bush administration faces a challenge, too: how to show support for this new government while encouraging respect for human rights and a subordinated role of the military.

[i]We must do our utmost to honor the obligations contained in

We must do our utmost to honor the obligations contained in these commitments. Nonetheless, we would certainly be deeply grateful if friendly countries and related creditors could give us some room ...

Govt to sell state telecoms in September

Govt to sell state telecoms in September JAKARTA (JP): The government said it expected to sell a state- owned telecommunications company -- either PT Telkom or PT Indosat -- in September to raise cash to help finance the 2001 state budget deficit. State Minister for State Enterprises Laksamana Sukardi said on Thursday that the government planned to sell 10 percent to 14 percent shares in either Telkom or Indosat, both publicly listed companies.

Kebayoran Baru, RI's first housing complex

Kebayoran Baru, RI's first housing complex By Ida Indawati Khouw Living in Kebayoran Baru, South Jakarta, is regarded with particular pride by many of its residents. However, during its early years of development, people were reluctant to live there. Now, though, it has now been turned into an elite housing complex. This is the 84th article in the Batavia series. JAKARTA (JP): Living in Kebayoran Baru area remains just a dream for most Jakartans.

Explosions mar Independence Day festivities in Aceh

Explosions mar Independence Day festivities in Aceh LHOKSEUMAWE, North Aceh (JP): Red-and-white flags were flying high along the streets here for Independence Day celebrations on Friday, but most shops in the town were closed and business activities at a standstill. Only a few people came to observe a tightly guarded ceremony held in the town's Hiraq square, presided over by Regent Tarmizi Akarim and attended by local dignitaries.

Stock quotations on JSX

Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on August 16, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,550 25 408,000 Adindo Foresta 105 0 50,000 AGIS 140 0 193,500 Akbar Indo Makmur 1,625 0 0 Alakasa 260 20 3,500 Alfa Retailindo 950 25 37,000 Alter Abadi 85 0 0 Alumindo Light 675 0 0 Andhi Chandra 2,025 0 0 Aneka Kimia Raya 200 0 0 Aneka Tambang 1,000 -25 81,000 Apac Citra 355 0 0 Aqua...

Peni considers alliance with Chandra Asri

Peni considers alliance with Chandra Asri JAKARTA (JP): Petrochemical producer PT Petrokimia Nusantara Interindo (PT Peni) is considering creating an alliance with PT Chandra Asri to strengthen the local polyethylene industry in order to compete with international players. Peni's president Robert M.

Outlook: The opportunity is definitely there

Outlook: The opportunity is definitely there The lack of security and law enforcement is one of the many things hampering the development of e-commerce in the country. Eka N. Ginting, CEO of locally based travel portal indo.com, answers The Jakarta Post's questions on the issue. Question: How do you see the development of the country's e- commerce? Answer: Very positive.

TNT Indonesia

TNT Indonesia On July 18, 2001, I sent a document with the Semarang branch, of TNT to Kuala Lumpur, Malaysia. TNT's reference number was GD 259316615 WW. The document was received on July 20. It was pointed out by the recipient that the envelopes inside the TNT tamper-proof bag had been ripped open and my valuables were missing. The TNT bag was intact but the envelopes containing the important documents and valuables had been opened! How could this occur unless it was an inside job!

JP/5/MEG2

JP/5/MEG2 In this context -- taking into account the intensive public discourse on the need to amend the 1945 Constitution and to give as wide as possible opportunity for all segments of society to contribute to its perfection -- it seems to be more beneficial for the Assembly to focus its attention on assembling terms of reference that could hopefully function as a main guideline for preparing the amendment's concept. This main framework could also be used to widen public political discourse.

Medan shooting puzzles police

Medan shooting puzzles police MEDAN, North Sumatra: Medan Police have yet to uncover clues relating to the shooting of Bekman Hutabarat, chairman of the provincial office of the Association of Indonesian Suppliers on Aug. 14. Medan Police chief Sr. Comr. Badrodin Haiti said on Thursday that police were still questioning witnesses. "The motive for the shooting is still unknown and we have yet to focus (our investigation) on specific persons or groups," Badrodin said.

Legislators, observers hail Mega's speech

Legislators, observers hail Mega's speech JAKARTA (JP): Observers and legislators showered President Megawati Soekarnoputri's state-of-the-nation address with praise on Thursday which they said shed a ray of hope for good governance. However, some cast doubts on whether Megawati's law enforcement team in the Cabinet were competent enough to help her live up to her commitment to combat corruption and abuse of human rights.

New diphtheria strain alters vaccine policy

New diphtheria strain alters vaccine policy BANDUNG (JP): The Ministry of Health will change its policy on immunization for school children as of 2002 in response to a recent increase in the incidence of diphtheria in parts of the country, a senior official has said. The program, called School Children Immunization Month (BIAS) which was launched nationwide three years ago, will include diphtheria vaccines in addition to the tetanus and whooping vaccines so far administered.

Minister of Home Affairs vows to amend regional autonomy

Minister of Home Affairs vows to amend regional autonomy JAKARTA (JP): Newly-appointed Minister of Home Affairs Hari Sabarno has said the smoothening out of the shaky start of regional autonomy would be one of his primary objectives, including ensuring that it would not lead to the breakup of the unitary state.

Lost generation created by ongoing Aceh crisis

Lost generation created by ongoing Aceh crisis By Ibnu Matnoor BANDA ACEH, Aceh (JP): Irfan Saman, 13, will surely join the large number of school dropouts in troubled Aceh, following the arson attack on his school, Teupin Batee Islamic elementary, in Idi Rayeuk, East Aceh, by an unidentified group on Wednesday. Because of the arson, Irfan has lost his most valuable possession -- the free-of-charge education facility.

Japan Tohoku, Pertamina to finalize Arun LNG shipment

Japan Tohoku, Pertamina to finalize Arun LNG shipment TOKYO (Dow Jones): Japan's Tohoku Electric Power Co. said Friday that it will soon finalize with Indonesia's state-owned Pertamina an offloading schedule for liquefied natural gas cargoes from Indonesia's Arun terminal. "We have received an offer from Pertamina regarding the timing of (LNG) shipments from September on," a spokesman for Tohoku Electric said. He said both parties will discuss the matter next week or later.

1. Debt (3 x 15)

1. Debt (3 x 15) IBRA plans to sell unrestructured loans worth Rp 8t 2. Divest (3 x 14) Govt to sell state telecoms in September 3. Telkom (2 x 20) Telkom reports 19.46% increase in H1 earnings 4. Peni (2 x 22) Peni considers alliance with Chandra Asri 5. Japan (1 x 28) Japan may escape recession 6. Labor (2 x 18) ASEAN warns EU over issues at WTO talks JP/12/Labor 7. German (2 x 18) Bank says Germany's economy stagnated 8. Survey (1 x 32) 'Asians prefer human touch to tech'

People celebrate Independence Day in their own way

People celebrate Independence Day in their own way JAKARTA (JP): Skipping the 56th Independence Day ceremony at Merdeka Palace, former president Abdurrahman "Gus Dur" Wahid celebrated the event on Friday with street children and other residents at his residential complex in South Jakarta.. Former presidential spokesman Wimar Witoelar, former state minister of women's empowerment Chofifah Indar Parawansa and Harry Rusli, a Bandung-based musician, were among the VIPs here.

Stock quotations on JSX

Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on August 16, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,550 25 408,000 Adindo Foresta 105 0 50,000 AGIS 140 0 193,500 Akbar Indo Makmur 1,625 0 0 Alakasa 260 20 3,500 Alfa Retailindo 950 25 37,000 Alter Abadi 85 0 0 Alumindo Light 675 0 0 Andhi Chandra 2,025 0 0 Aneka Kimia Raya 200 0 0 Aneka Tambang 1,000 -25 81,000 Apac Citra 355 0 0 Aqua...

Refugees want resettlement

Refugees want resettlement PALU, Central Sulawesi: Thousands of Poso citizens temporarily housed at the Gawalise sports hall in Palu following the outbreak of sectarian clashes in their home town last year, urged that the provincial administration keep its promise to resettle them soon. Mas Bejo, a 50-year-old refugee from Sangira village in the district of Lore Utara, said that he could not stand being unemployed. "The more jobless people, the more losses the country will suffer.

KL wary of Thai prostitutes

KL wary of Thai prostitutes BANGKOK (AFP): Malaysian authorities concerned about a huge influx of Thai prostitutes during next month's Southeast Asian Games have asked Thai police to screen women crossing the border, a report said on Friday. A senior immigration official told The Nation newspaper that Malaysia was afraid visitors to its capital Kuala Lumpur would get the wrong impression if the city was packed with sex workers during the September 8-17 Games.

Life sentence sought for African in Tangerang court

Life sentence sought for African in Tangerang court TANGERANG (JP): A prosecutor demanded on Thursday that the Tangerang District Court sentence an African to life imprisonment for allegedly attempting to smuggle one kilogram of heroin into the country from Pakistan. Prosecutor Victor Silitonga said that defendant Namona Denis, 35, a resident of Malawi, Africa, had swallowed 73 capsules containing one kilogram of heroin and smuggled it into the country in April this year.

KL palm oil extends gains, eyes data

KL palm oil extends gains, eyes data KUALA LUMPUR (Reuters): Malaysian palm oil futures extended gains at the close on Friday on short covering, but most players remained cautious about future trends, traders said. The benchmark third-month November contract ended up 12 ringgit at 1,186 ringgit (US$312.11) a ton after trading as low as 1,149. Volume was heavy at 3,199 lots.

ASEAN warns EU over issue at WTO talks

ASEAN warns EU over issue at WTO talks BANDAR SERI BEGAWAN (AP): Southeast Asian economic officials urged the European Union on Thursday to refrain from trying to include environmental and labor standards in trade talks or else doom the latest attempt by the World Trade Organization to launch a new global round of negotiations.

KL manufacturing sales fall

KL manufacturing sales fall KUALA LUMPUR (AFP): Malaysia's sales of manufactured goods fell 9.7 percent year-on-year in June, the Statistics Department said Thursday. Sales for the month were valued at 26 billion ringgit (US$6.8 billion) against 28.8 billion ringgit in June last year. They were down 1.1 percent from May. Most analysts predict the economy will grow by less than half the 8.5 percent rate of last year.

Megawati's solemn vow

Megawati's solemn vow President Megawati Soekarnoputri has demonstrated to the people that she is sensitive toward the most immediate aspiration of the people to have clean governance. In her first state-of-the-nation address on Thursday, besides discussing various important issues such as the economic crisis and the danger of national disintegration, the President sincerely vowed to establish a clean administration.

1. Duit (2 x 25)

1. Duit (2 x 25) Asian currencies down, dollar catches its breath 2. Market (1 x 35) Asia shares sluggish as Nikkei sags 3. Oil (1 x 35) OPEC to implement final cut for the year 4 gold (2 x 22) Gold rally seen losing steam, platinum up 5. Palm (2 x 18) KL palm oil extends gains, eyes data

Raid threat affects Puncak hotels

Raid threat affects Puncak hotels JAKARTA, (JP): Despite the long weekend due to Independence Day which fell on Friday, not all hotels in Puncak holiday resort in West Java were fully booked as expected. A number of hotel operators said they were usually booked out a few days ahead of a long weekend. Desy Susanti, a reservation staffer at Novus hotel in Cipanas, Puncak, said that this long weekend only 50 percent of the hotel's 110 rooms had been reserved as of Thursday.

Malaysians get weapons from RP to fight in RI

Malaysians get weapons from RP to fight in RI KUALA LUMPUR (AP): Malaysian police on Friday said they have arrested two Malaysians and 13 Indonesians for allegedly trying to smuggle weapons to Islamic militants fighting Christians in Indonesia's Maluku Islands. Malaysian police chief Norian Mai said police seized two M-16 rifles, six pistols and ammunition from the 15 men, who were traveling in a boat off Sabah state on Borneo Island.

Council urges sale of ailing city firms

Council urges sale of ailing city firms JAKARTA (JP): City councillors suggested on Thursday that the city administration sell its companies which continue to suffer losses. Chairman of Commission B on economic affairs Syarif Zulkarnaen Ginting revealed that the administration had spent too much money on the companies and gained too little profit.

Supporting Megawati's Cabinet

Supporting Megawati's Cabinet From Koran Tempo The new Cabinet has been set up, with the ministers comprising a variety of backgrounds, just like the diversity of our nation. Many hopes are pinned on Megawati, whose leadership is expected to last until 2004. All politicians, statesmen, technocrats, bureaucrats, the military and people from all walks of life, including university students, are called upon to create a conducive atmosphere so that all work programs of the new Cabinet can run well.

PM Goh cites achievements, calls for new economic model

PM Goh cites achievements, calls for new economic model SINGAPORE (AFP): Prime Minister Goh Chok Tong on Friday issued a glowing review of his past decade in office but warned that the next 10 years will be tougher and require a new economic model to sustain Singapore's progress. "Our operating environment has changed. The region has become more uncertain.