Indonesian Political, Business & Finance News

Archive: 24 January 2000

41 articles found

President's men unhappy with free press

President's men unhappy with free press JAKARTA (JP): Press freedom, one of the symbols of democracy, will at some point scare all the President's men, regardless of their commitment to democracy.The semblance of fright unfolded on Saturday when some palace officials expressed their disappointment...

Endangered rhinos, tigers dwindling

Endangered rhinos, tigers dwindling BANDARLAMPUNG, Lampung: Two endangered species, the Sumatran rhinoceros (dicerorhinuss Sumatrensis) and Sumatran tiger (panthera tigris Sumatrensis), in sanctuary at South Bukit Barisan National Park, have rarely been seen over the last four years, researchers...

Daewoo's foreign creditors agree to debt recovery

Daewoo's foreign creditors agree to debt recovery SEOUL (AFP): South Korean authorities and foreign creditors clinched a deal Saturday on the recovery of debts from the failed Daewoo Group after months of exhausting negotiations, an official said.

'Halal' worm products launched

'Halal' worm products launched BOGOR (JP): The Sabda Alam cooperative, which has been breeding worms for years, has launched 20 products using worms, ranging from soft drinks and soap to medicine.The cooperative's chief Ahmad Tuteng Supriadi said the soft drinks were sold for Rp 2,000 (US30 cents)...

Local stocks may surge on new deal with IMF

Local stocks may surge on new deal with IMF JAKARTA (JP): Trading on the Jakarta Stock Exchange (JSX) is expected to improve next week following the signing of the government's letter of intent with the International Monetary Fund (IMF).

Cellular operators pledge better networks and coverage

Cellular operators pledge better networks and coverage JAKARTA (JP): At the beginning of this new millennium, people are seeing that most new English terms are starting with an "e", after a proliferation and familiarization of so-called e-banking, e-business, e-commerce, e-mail, etc.

Students to hold seminar on autonomy

Students to hold seminar on autonomy JAKARTA (JP): A group of student organizations will hold a two-day seminar here on Monday and Tuesday on wide-ranging autonomy and federalism.The seminar will be organized by a joint committee comprising representatives from several student organizations,...

Security forces disperse protesters in Bintan; 13 hurt

Security forces disperse protesters in Bintan; 13 hurt SINGAPORE (Agencies): Thirteen people were wounded Sunday morning when Indonesian forces dispersed villagers camped outside resorts in the island of Bintan near Singapore to demand compensation for land they claim was practically robbed from...

Andalas stops production

Andalas stops production JAKARTA (JP): PT Semen Andalas Indonesia of Banda Aceh ceased operations on Dec. 7 when its power generators caught fire causing the company to lose potential revenues of Rp 900 million (US$125,000) per day.

City to reevaluate analysis of PIK

City to reevaluate analysis of PIK JAKARTA (JP): Governor Sutiyoso has said that the city administration would reevaluate the environmental impact analysis of the Pantai Indah Kapuk (PIK) housing complex in North Jakarta following speculative reports of its role in the flood on the Soekarno-Hatta...

What is good teaching? Ask the 'customers'

What is good teaching? Ask the 'customers'By Hendra Gunawan BANDUNG (JP): In our country, schools and universities are often viewed as factories or industries that produce graduates. With this concept, however, many problems arise, especially regarding the quality of the "products".

Drugs rampant in SE Sulawesi

Drugs rampant in SE Sulawesi KENDARI, Southeast Sulawesi: Police here expressed concern of rampant drug abuse in the province on Saturday, saying it had affected all levels and ages in the community."Drug abuse is even prevalent among children," the Southeast Sulawesi Police chief, Col.

Obselete armaments a cause of concern

Obselete armaments a cause of concernBy A'an Suryana BOGOR (JP): Although Indonesia is not at war with anyone, the fact that the Indonesian Military's war equipment is obsolete draws concern from military officers, including those at the Jakarta Military Headquarters.

City to review decree on protected buildings

City to review decree on protected buildings JAKARTA (JP): The city administration is planning to review a gubernatorial decree on protected buildings in the capital, saying the regulation is no longer valid or relevant, an official said on Sunday.

Protectors of reform

Protectors of reform The people have been confused to see the annoyance and irritation expressed by some members of the community at the government's policies on various national tragedies that have claimed thousands of lives, for example, in Ambon, for example.

Fresh violence leaves 22 dead

Fresh violence leaves 22 dead JAKARTA (JP): On the eve of separate visits by President Abdurrahman Wahid to Aceh and Vice President Megawati Soekarnoputri to Maluku, fresh violence erupted over the weekend in the two areas, leaving at least 22 people dead.

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Songs 9:00 Music 10:30 Interval 2:00 p.m. News 2:30 Children's Program 3:00 Music 4:00 Regional News 4:30 Management Program 5:00 Technology Program 5:30 Sports 6:00 Music 6:30 News (in English) 7:00 Evening News 7:30 TV Drama...

Three men detained for slander

Three men detained for slander JAKARTA (JP): South Jakarta Police detectives have detained three men for questioning over their alleged role in spreading fallacious stories about a female billionaire.Col.

The 2000 state budget

The 2000 state budget Having reviewed the 2000 State Budget draft, I see that oil and gas revenue still has a crucial role even though it is not too dominant in generating funds for the state coffers. From a projected income tax of Rp 53.02 trillion, oil and gas are projected at Rp 8.

Five missing as flood hits Semarang

Five missing as flood hits Semarang SEMARANG: Heavy downpour since Friday has caused massive flooding in the Central Java provincial capital.As of Sunday, at least 1,000 houses were still inundated with water, reaching a level of one meter at its highest.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition: Fenomena Masyarakat Urban, by 15 Jakartan artists, at Galeri Milenium, Golden Truly, Blok B-23, Jl. R.S. Fatmawati No. 15, South Jakarta (Phone: 7507828), 10 a.m. to 8 p.m., until Jan. 30.

Government urged to retain control of PT Telkom

Government urged to retain control of PT Telkom JAKARTA (JP): The government should maintain its controlling ownership of domestic call operator PT Telkom despite its plan to make further divestment at the company in view of the strategic role of the telecommunications industry, Telkom president A.

East Kalimantan wants to obtain 51% stake in KPC

East Kalimantan wants to obtain 51% stake in KPC JAKARTA (JP): The East Kalimantan provincial administration has expressed a keen interest to acquire a 51 percent stake in coal mining company PT Kaltim Prima Coal (KPC), a senior official has said.

Unstable Indonesia liability to region

Unstable Indonesia liability to region The following article is based on a presentation by United States Treasury Secretary Lawrence H. Summers in a luncheon at the Regent Hotel, Jakarta on Jan. 20. The event was jointly organized by AmCham Indonesia and Association of University Graduates of...

China takes first step to join LNG mart

China takes first step to join LNG mart SINGAPORE (Reuters): China has taken the first step to meeting expectations that it will become one of Asia's biggest importers of liquefied natural gas (LNG).The State Council -- the country's highest authority -- has given the go ahead for China's first LNG...

Myanmar's U Thant steered United Nations during crisis

Myanmar's U Thant steered United Nations during crisisBy Myint Zan The following article brings back memories of U Thant, the late UN secretary general, who successfully steered the United Nations clear from troubled water. This is the first of two articles.

Rice, sugar seized in Philippines

Rice, sugar seized in Philippines ZAMBOANGA, Philippines (AP): Police and soldiers seized thousands of bags of rice, sugar and other goods smuggled from Malaysia to the southern Philippines, authorities said on Saturday.

Bodies emerge from thick mud

Bodies emerge from thick mud PADANG, West Sumatra: Body parts believed to be of 10 victims missing in the December landslide here have surfaced through the mud following a heavy downpour.Most of the remains, however, could not be identified because they had decomposed, acting Mayor Masril Payan...

Some 1,500 rulings may be revoked

Some 1,500 rulings may be revoked PADANG, West Sumatra: At least 1,500 rulings issued by the central government and various provincial administrations during the New Order era may be revoked when Law No. 22/1999 on regional autonomy takes effect.

IBRA may delay BCA share issue till March

IBRA may delay BCA share issue till March JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) may have to delay the crucial initial public offering (IPO) plans of Bank Central Asia (BCA) until March because the agency has been slow in registering the plans at the country's Capital Market...

Gus Dur upbeat Aceh's woes soon over

Gus Dur upbeat Aceh's woes soon over JAKARTA (JP): President Abdurrahman Wahid maintains that the troubles in the restive province of Aceh can be solved by the end of March.In an interview with private television station RCTI on Sunday evening, Abdurrahman calmly and easily answered questions...

Police should maintain stability: Adm. Widodo

Police should maintain stability: Adm. Widodo JAKARTA (JP): Indonesian Military (TNI) Commander Adm. Widodo A.S. has underlined the primacy of the role of the National Police in law enforcement, stressing that the military should focus primarily on national defense.

Rectors told to reject poor quality lecturers

Rectors told to reject poor quality lecturers JAKARTA (JP): In a bid to enhance the credibility of national universities, Minister of National Education Yahya Muhaimin asked all rectors on Saturday to turn away lecturers who graduated from dubious institutions.

Sailors nabbed for theft

Sailors nabbed for theft BATAM, Riau: Five sailors of a ship bearing the United States flag have been arrested for allegedly stealing mining material, including cooper, and trying to smuggle it into Singapore.

Divorce cases up in Purwokerto

Divorce cases up in Purwokerto PURWOKERTO, Central Java: The Idul Fitri holiday not only gave rise to the usual tradition of bringing families together here, but it also brought about the odd phenomenon of breaking couples apart in the Purwokerto area.

Why a bigger budget

Why a bigger budget It would be merely self-evident to say that the scars that more than thirty years of military-dominated rule have left on this country run deep among Indonesians. Just how deep they are can be gauged by the strong opposition that has been voiced in many quarters of our society...

South Jakarta police arrest two officers for car theft

South Jakarta police arrest two officers for car theft JAKARTA (JP): South Jakarta Police detectives arrested six people, including two active police officers and the wife of a Jakarta Police officer over the weekend for, among other things, allegedly being involved in the theft of a vehicle.

KPP HAM to verify TNI's role in East Timor mayhem

KPP HAM to verify TNI's role in East Timor mayhem JAKARTA (JP): The government-sanctioned Commission of Inquiry into Human Rights Violations (KPP HAM) in East Timor is likely to verify the alleged involvement of the Indonesian Military (TNI) in the post-ballot violence in the territory, a team...

New cellular phone sets in the offing

New cellular phone sets in the offing JAKARTA (JP): Major cellular telephone producers plan to launch a wide range of new cellular sets this year to tap the projected hefty increase in demand in the local market.

A guide to travel books about Indonesia

A guide to travel books about IndonesiaBy David Jardine JAKARTA (JP): Indonesia, in keeping with its size, has prompted many English-language travel commentaries, some of which, of course, have been very much more than mere travelogues.

Candra and Tony clinch first title this year in Taipei

Candra and Tony clinch first title this year in Taipei JAKARTA (JP): Indonesia's best men's doubles Candra Wijaya and Tony Gunawan earned their first title this year in the US$150,000 Chinese Taipei Open after defeating the 1996 Olympics silver medalists Cheah Soon Kit and Yap Kim Hock 15-7, 15-7...