Indonesian Political, Business & Finance News

Archive: 3 March 2001

58 articles found

Anti-Communist Front set up

Anti-Communist Front set up BANDUNG: Around 100 West Java politicians and public figures at a ceremony at the Panghegar Hotel here on Friday signed up to the establishment of the West Java Anti-Communist Front in their efforts to curb what they called "the emergence of new Communism movements". The front chairman, Ali Rohman said that the new Communist movements had been clearly seen in mass deployments allegedly instigated by political elites.

Forex reserves fall by US$16.10m

Forex reserves fall by US$16.10m JAKARTA (JP): Indonesia's net foreign exchange reserves dropped by US$16 million to $29.091 billion in the week ending on Feb. 23 from $29.107 billion in the previous week, Bank Indonesia said in its weekly report. The central bank attributed the drop to foreign debt payment and payment of haj pilgrims' travel expenses. The volume of primary money rose by Rp 3.86 trillion to Rp 102.77 trillion due to an increase in the circulation of bank notes and coins.

Timorese fighter jail for militiaman murder

Timorese fighter jail for militiaman murder DILI, East Timor (AP): A rights group on Friday welcomed the conviction of an East Timorese independence fighter for murdering a pro-Indonesian militiaman in the mayhem that engulfed East Timor after it voted for independence in 1999.

Indonesia and Norway to set up an oil spill response unit

Indonesia and Norway to set up an oil spill response unit JAKARTA (JP): The Ministry of Maritime Affairs and Fisheries, in cooperation with the Ministry of International Development of the Kingdom of Norway, signed on Friday an agreement to set up an oil spill response unit in Indonesia.

Man arrested over Rp 1b fraud

Man arrested over Rp 1b fraud JAKARTA (JP): Detectives from the city police's general crimes squad arrested a man on Thursday over an alleged Rp 1 billion (US$102,040) fraud. General crimes squad chief Adj. Sr. Comr. Tito Karnavian said on Friday that Mulyadi had allegedly defrauded PT Berlian Teknik using fake purchase orders from two big firms, namely PT Texmaco and PT Glatindo.

Officers to face prosecution over unlawful shooting

Officers to face prosecution over unlawful shooting JAKARTA (JP): City Police internal affairs is scheduled to shortly question a number of middle-ranking officers of the West Jakarta Police following the wrongful fatal shooting of a man on Jl. Raya Semanan in Kalideres early on Wednesday morning. "All the officers who were directly and indirectly involved in the shooting will be questioned. If proven wrong, they will pay for it accordingly.

One shot, two others nabbed for robberies

One shot, two others nabbed for robberies JAKARTA (JP): The city police's detectives for violent crimes fatally shot one man and arrested another two near the bustling Kampung Melayu bus terminal in East Jakarta on Thursday in connection with a series of street crimes, an officer said on Friday. City police chief of detectives Sr. Comr.

Nationalism and working ethos

Nationalism and working ethos From Media Indonesia A nation will be great only if it maintains a high level of nationalism and working ethos. If nationalism and working ethics are wearing thin, you can bet this nation is doomed to disintegration. Indonesians are well aware of the significance of maintaining a high level of nationalism and working ethos. But why is this nation embroiled in increasingly complicated problems?

Golkar Party agrees with prosecution of Ginandjar

Golkar Party agrees with prosecution of Ginandjar JAKARTA (JP): The Golkar Party has acknowledged the move by the Attorney General's Office to probe party member Ginandjar Kartasasmita over alleged corruption involving state oil and gas company Pertamina. "Let the legal process settle pak Ginandjar's problem and if he is needed for further questioning I am sure he will comply with the summons," Golkar Chairman Akbar Tandjung told journalists on Friday.

Over 12,000 refugees from Sampit enter Surabaya

Over 12,000 refugees from Sampit enter Surabaya SURABAYA (JP): An additional 12,000 Madurese migrants escaping possible execution in Sampit and Palangkaraya, Central Kalimantan by ships, flooded the Tanjung Perak seaport on Friday. A total of 5,979 refugees were carried by the ship Binaiya which arrived at 8:45 a.m., while 5,779 other refugees were on the Bukit Raya, and another 500 were carried by Kirana II.

Don't fight for markets, know your customers better

Don't fight for markets, know your customers better By Laurens Sihaloho JAKARTA (JP): Recently, a friend of mine took his car to his car dealer, after making an appointment, to have it serviced after it had completed its first 5,000 kilometers. He purchased the car about seven months ago. Instead of dropping the car off to pick it up later, he decided to wait in the customer service department's waiting room.

Unresolved and chronic problems led to Sampit riot

Unresolved and chronic problems led to Sampit riot More than 400 people have been killed and over 50,000 displaced in the armed conflict between native Dayaks and migrant Madurese settlers in Central Kalimantan's cities of Sampit and Palangkaraya. Enraged Madurese community leaders are calling the expulsion "ethnic cleansing". The following is an interview with sociologist Setia Budhi at Lambung Mangkurat University in the South Kalimantan capital of Banjarmasin.

Man arrested for brother's murder

Man arrested for brother's murder JAKARTA (JP): Bogor Police are currently questioning a man for allegedly murdering his elder brother after a squabble over money at their residence on Jl. Kampung Kopi in the Puspasari area of Citeureup, Bogor, on Thursday night. Bogor Police station chief of detectives Adj. Comr. Santo Marpaung identified the suspect as Edi Wahyudi, 18, who in his drunkenness, had allegedly stabbed his brother Abdul Malik, 36, to death.

Stock quotations on JSX

Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on Mar.

Sinar Surya team dominates Silatama

Sinar Surya team dominates Silatama JAKARTA (JP): Sinar Surya table tennis club of Jakarta cruised undefeated at the second day of the Table Tennis Main Circuit (Silatama) after winning its Friday's matches at Bulungan Sports Hall in Blok M area, South Jakarta. Sinar Surya defeated Bandung-based NHI club and Bekasi-based LKG Industri with a straight points win 3-0 in the men's division, as reported by Antara news agency.

TV Today

TV Today TVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Music 8:30 Documentary 9:30 Variety Show 10:00 Music 11:00 Talk Show 12:00 p.m. Interval 3:00 News 3:30 Feature 4:00 Children's Songs 5:00 News 5:30 Documentary 6:00 Comics 7:00 Evening News 7:30 TV Drama 8:30 Music 9:00 News 10:00 Sports 11:00 Traditional Performance Program 2 5:30 p.m. Music 6:30 City News 7:00 Music 7:30 News (in English) 8:30 Documentary TPI 5:30 a.m.

Persita beat Persikabo 1-0

Persita beat Persikabo 1-0 JAKARTA (JP): Persita of Tangerang regency tamed Persikabo of Bogor regency 1-0 to top the western division standing in the 2001 Bank Mandiri soccer league at Benteng stadium in Tangerang. Cameroon national Maboang Kessack escaped a scrimmage to kick the single goal for Persita in the 29th minute. "We have difficulties in breaking through Persita's defense because the team have good players.

Rubber exporters attack Goodyear plan

Rubber exporters attack Goodyear plan BANGKOK (Reuters): Thailand, Indonesia and Malaysia, the world's top three rubber producers, have lodged a protest against efforts by Goodyear Tire and Rubber Co to charge suppliers for damage to rubber products. "We just sent a letter to Goodyear informing them that it is unacceptable to demand suppliers take responsibility for any damage caused by defective products," Choosit Opaswonse, president of Thai Rubber Exporters' Association, told Reuters.

Manggarai clash unabated yet

Manggarai clash unabated yet MAUMERE, East Nusa Tenggara: The deadly clash between residents of Buti and Lanamai villages which started on Tuesday and killed two people in the regency of Manggarai had yet to abate on Friday. The two villages were still tense on Friday despite the visit of regent Antony B. Dagur. Manggarai police chief A.L.M. Tobing said that the situation had yet to return to normal, and that several policemen were still guarding the conflict area.

Central government vows to fund Tangerang beach restoration

Central government vows to fund Tangerang beach restoration TANGERANG (JP): Central Government has promised to finance efforts to curb erosion on the 51-kilometer-long northern coast of Tangerang regency, the regency's environmental office chief Adil Darmawan said on Friday. Without mentioning the amount of financial aid, Adil who is also chairman of a team in charge of preventing coastal erosion, said the aid would be taken from the additional budget of the 2001 State Budget.

Tjiwi Kimia makes coupon payment

Tjiwi Kimia makes coupon payment HONG KONG (Dow Jones): Indonesia's PT Tjiwi Kimia, a unit of Asia Pulp & Paper, made a coupon payment of US$13.25 million Thursday in New York, an official at the custodian, the Bank of New York, told Dow Jones Newswires Friday. Tjiwi Kimia had missed the coupon payment due Feb. 1 and the company had a 30-day grace period to pay the coupon before a default would be declared.

Sampang's new regent to be installed: Surjadi

Sampang's new regent to be installed: Surjadi JAKARTA (JP): The Minister of Home Affairs and Regional Autonomy Surjadi Soedirdja has given an assurance that the East Java governor would install the controversially elected Sampang regent Fahdilah Budiono immediately, a deputy speaker of the House of Representatives said Friday.

Utut drills Andrean for chess duel

Utut drills Andrean for chess duel JAKARTA (JP): Indonesian Grand Master Utut Adianto is training young chess player Andrean Susilodinata ahead of a duel with 2000 junior champion Son Nguyen Ngoc Troung of Vietnam from March 10 to March 15 at Sari Pan Pacific hotel. Utut told a media briefing that Andrean had a fifty-fifty chance to win over the Vietnamese youth, who became the under-12 Asian champion in India in January.

IMF welcomes move to allow BCA, Niaga sale

IMF welcomes move to allow BCA, Niaga sale JAKARTA (Dow Jones): The International Monetary Fund Friday welcomed a decision by Indonesia's Parliament to allow the sale of two nationalized banks to foreign investors. The Washington-based IMF has delayed its latest tranche of loans to Indonesia under a US$5 billion economic assistance program for a number of reasons, among them the failure to sell PT Bank Central Asia and PT Bank Niaga.

The spirit of Idul Adha

The spirit of Idul Adha On Monday, Muslims in Indonesia and all over the world mark Idul Adha by slaughtering cattle, as a symbolic gesture of their readiness to sacrifice their most treasured possession whenever so ordained by their Creator. This willingness to make the ultimate sacrifice -- Islam forbids the act of suicide -- in the name of one's own faith, is also taught in other religions.

Old ice cream parlors left out in the cold

Old ice cream parlors left out in the cold By Ida Indawati Khouw JAKARTA (JP): Irwan Hermawan remembers courting his now wife Yulita over ice cream at Ragusa Es Italia on Jl. Veteran, Central Jakarta. "I would pedal my bike from my house in Pasar Baru (Central Jakarta) to her house and then spend a beautiful date at Ragusa. Both of us liked the tutti-frutti ice cream very much," said the 62-year-old resident of Cempaka Putih, East Jakarta.

BI to continue intervention to help rupiah, Sjahril says

BI to continue intervention to help rupiah, Sjahril says JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin said on Friday that, if necessary, the central bank would continue to intervene in the financial market to help the beleaguered rupiah. The comment helped push the rupiah slightly up from the day's low of Rp 9,890 per U.S. dollar, ending at Rp 9,860 in late trade, unchanged from the level on Thursday.

Fare evaders inflict huge monthly losses upon KAI

Fare evaders inflict huge monthly losses upon KAI By Multa Firdaus JAKARTA (JP): Poor ticket control and weak law enforcement have for years provided leeway for economy-class electric and diesel train passengers to evade paying fares. A survey conducted recently shows that 20 percent of 450,000 commuters using the trains were fare evaders, creating another headache for state railway company PT Kereta Api Indonesia (KAI) with unpaid tickets amounting to Rp 800 million annually.

Give the young hope

Give the young hope From Rakyat Indonesia I have always dreamed of seeing a peaceful face on Indonesia, reflecting prosperity and not tainted by conflicts and clashes. I am disappointed with the present face of Indonesia. My friends and I put at stake our own lives to set the reform movement rolling. We are young people wishing to see this country change for the better. We have had too much suffering and have seen too many examples of self-centeredness.

Indofood confident of recouping bank collateral

Indofood confident of recouping bank collateral JAKARTA (JP): Publicly listed food producer PT Indofood Sukses Makmur said on Friday it was unconcerned over the status of US$50 million in collateral pledged for loans provided to its subsidiary companies, amid worries over the prospect of recouping the collateral. "I have no concerns," said Indofood president Eva Riyanti Hutapea when asked about the risk of not regaining Indofood's collateral.

Tourist arrivals fall but outlook remains promising

Tourist arrivals fall but outlook remains promising JAKARTA (JP): Tourist arrivals through the 13 ports of entry to Indonesia suffered a 2.65 percent decline in January this year to 330,094 visitors, compared to the previous month, the Central Bureau of Statistics (BPS) said on Friday. The bureau's chief, Soedarti Surbakti, said, however, that compared to the same period last year, the number had in fact increased 12.3 percent from 293,952 visitors in Jan. 2000.

Ulemas council defuses fear of anthrax

Ulemas council defuses fear of anthrax JAKARTA (JP): Amid fears of disease and infected livestock, the Jakarta office of the Indonesian Council of Ulemas (MUI) on Friday urged Muslims not to be afraid to slaughter cattle and goats for Monday's Idul Adha Islamic Day of Sacrifice. Hamdan Rasyid, the council's secretary, said Muslim residents could consult the Jakarta Animal Husbandry Agency if they had any concerns about the health of the animals to be slaughtered.

The tragedy of the Sampit anarchy

The tragedy of the Sampit anarchy By James Van Zorge JAKARTA (JP): The tale is one of anarchy: Decapitation, rites of cannibalism, disemboweled corpses. Unfortunately, these are the images and horrid scenes that are now synonymous with Indonesia in foreign bedrooms and boardrooms.

Telkom books 15% increase in net profit

Telkom books 15% increase in net profit JAKARTA (JP): Publicly-listed telecommunications company PT Telekomunikasi Indonesia announced on Friday a 15 percent increase in its net profit in 2000 to Rp 2.54 trillion ($258.2 million) compared to Rp 2.2 trillion the previous year. The company said the increase resulted from a significant rise in total operating revenues, especially from telephone charges and earnings from its five Joint Cooperation Scheme (KSO) partners.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Light Ornaments, Erasmus Huis, Jl. H.R. Rasuna Said, Kav S-3, Kuningan, South Jakarta (Phone: 5241069), until March 24. * Painting Hanafi 2001, Galeri Minima - Maxima, Jl. Sultan Iskandar Muda 88D, Arteri Pondok Indah, 10:30 a.m. to 6:30 p.m., until March 20. * Photo: Light and Shadow, Galeri Foto Cahya, Wisma Surya Kemang, Jl. Kemang Raya no. 33, South Jakarta, 10 a.m. to 8 p.m., until March 17.

Malaysia palm oil futures end lower as covering dies down

Malaysia palm oil futures end lower as covering dies down KUALA LUMPUR (Reuters): Malaysian palm oil futures ended lower on Friday after short covering eased and the government denied it was intervening to support prices. Traders, however, expected a rally between next Monday and Wednesday as a top-level industry conference kicks off.

RP rejects 15 containers of European meat

RP rejects 15 containers of European meat MANILA (AFP): The Philippines will ship back tons of meat and meat products from Ireland, Germany and the Netherlands as part of a ban on the European imports, officials said Friday. The ban was imposed late last year to guard against mad cow disease, and reinforced this month amid a foot-and-mouth epidemic in Britain, officials said.

Medical worker's story of Maluku's civil war

Medical worker's story of Maluku's civil war By Santi W.E. Soekanto JAKARTA (JP): Orthopedic surgeon Basuki Supartono and his wife Prita Kusumaningsih, a gynecologist, knew what lay in store when last September they both agreed to participate in a residency program conducted by the Ministry of Health and relocate to Ternate, located in the northern part of war-torn Maluku where some 90,000 refugees have been languishing for months.

Soccer training to begin in August

Soccer training to begin in August SEMARANG (JP): The Soccer Association of Indonesia (PSSI) is expected to hold its training program for the Southeast Asian (SEA) Games in Kuala Lumpur in August because team members are still competing in the 2001 Bank Mandiri national soccer league. The program is different to the schedule set by the National Sports Council (KONI). "I expect PSSI to start its training program in August as soon as the current league is over.

Fire victims cry for help

Fire victims cry for help JAKARTA (JP): More than 80 poor families living in the densely populated area of Krukut, West Jakarta, whose houses were gutted in a fire late on Thursday are desperately seeking help. The neighborhood chief Wahyudi said that the victims, now accommodated at two neighboring mosques, hope that the city administration would provide them with a better shelter. He said they had only received meals donated by neighboring residents.

Subcontracting law must not be antimarket

Subcontracting law must not be antimarket By Edy Priyono JAKARTA (JP): There have been reports on the government's plan to formulate a draft law on subcontracting. Generally speaking, this step should be welcomed for two reasons. First, this step indicates the Office of the State Minister of Cooperatives and Small and Medium Enterprises (SMEs) seems to be on the right track in determining the direction of policy on cooperatives and SMEs.

Indonesia to import 2m tons of corn this year

Indonesia to import 2m tons of corn this year JAKARTA (JP): Indonesia will import about 2 million tons of corn this year to meet the surge in the demand from animal feed industries and food producers, according to the Indonesian Seedling Association (Asbenindo). Andy Gumala, the head of the food plants department in the association, said here on Friday that this year's import figure represents a 66 percent increase from about 1.2 million tons of corn imported in 2000.

Domestic refugees left unprotected in international law

Domestic refugees left unprotected in international law By Heru Susetyo JAKARTA (JP): It is chilling -- the image of thousands of people fleeing to forests from the violence that has killed hundreds, or the jostling to make it to departing ships that will sail the forced migrants to safety far from their property and adopted homeland.

New charges filed against Estrada

New charges filed against Estrada MANILA (AP): The Justice Department filed a new criminal complaint on Friday against former president Joseph Estrada after an estranged friend claimed the ousted leader extorted and borrowed 346 million pesos ($7.2 million) without paying it back. Justice Secretary Hernando Perez said Estrada used his position to "unjustly enrich himself at the expense ...

Review of bookstore biased

Review of bookstore biased Djakarta's review of bookstores (February 2001) is an attempt to convince the public that the Times bookstore is bad and QB World bookstore is the best. It is very poorly written and biased, and is aimed at discrediting Times rather than giving the public useful and accurate information on the city's English- language bookstores. It says that our layout "follows no logic and is therefore confusing, categories seemingly randomly arranged".

'It's impossible to bring total peace in Malukus'

'It's impossible to bring total peace in Malukus' AMBON, Maluku (JP): Noting the complexity of interests and security problems in the Maluku provinces, those responsible for keeping the peace there said it would be next to impossible to establish "a zero violence" situation in the troubled region. Pattimura Military Commander Brig. Gen. I Made Yasa and Maluku Police chief Brig. Gen.

On change of national leader

On change of national leader After paying close attention to the current situation and condition of our country where there is not yet any indication of abatement, we surely do not wish to see things go from bad to worse. Since the proclamation of our independence in 1945, we have had four presidents, meaning four changes in the national leader. The first three leaders stepped down from the presidency involuntarily and tragically.

KL comes under fire from inside, outside over 'censor'

KL comes under fire from inside, outside over 'censor' KUALA LUMPUR (AFP): An international press freedom group criticized on Friday Malaysia's decision to delay sales of two foreign news magazines which carry articles on Prime Minister Mahathir Mohamad's government. "If the government is trying to bar the distribution of foreign publications, that's very troubling," said Lin Neumann, Asia representative for the Committee to Protect Journalists.

City Council plans to reduce number of factions

City Council plans to reduce number of factions JAKARTA (JP): Regional autonomy has sparked controversy anew as demonstrated by the debate that is now looming in the City Council over a proposal from the major factions to reduce the number of political groupings from the current 11.

Ministers told to settle refugee problems

Ministers told to settle refugee problems JAKARTA (JP): Vice President Megawati Soekarnoputri has ordered all related ministers to quickly settle all refugee problems in the country within one month and to provide clear standard procedures to handle them.

Distressed Soeharto leaves Pertamina hospital

Distressed Soeharto leaves Pertamina hospital JAKARTA (JP): Former president Soeharto left the hospital on Friday even though not fully recovered from his appendectomy. The court-appointed a team of physicians from the Cipto Mangunkusumo Hospital (RSCM) initially prohibited Soeharto from checking out of the hospital, but the patient insisted on returning home, chief prosecutor Muchtar Arifin, who is handling the case against Soeharto, said.

Moroccan arrested over prostitution

Moroccan arrested over prostitution JAKARTA (JP): Immigration officials detained a Moroccan national for questioning on Friday over charges of prostitution, after arresting her at a hotel in Central Jakarta. Central Jakarta Immigration Chief M. Djaelani identified the woman as Dri Ssin Sahmaoui, 30. "She has a genuine Moroccan passport and has come to Indonesia on a tourist visa. We have been observing this woman for some time now," Djaelani told reporters.

Rupiah Rates March 02

Rupiah Rates March 02 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

Megawati backed to be President

Megawati backed to be President JAKARTA (JP): Political support for Megawati Soekarnoputri to become president crystallized here on Friday as leading figures from the Muslim parties, Golkar and the Indonesian Democratic Party of Struggle (PDI Perjuangan) met to smooth the way for her possible accession.

January exports weaken as demand slows: BPS

January exports weaken as demand slows: BPS JAKARTA (JP): Export earnings in January dropped by 5.66 percent to US$4.84 billion from $5.13 billion in December partly due to slowing export demands, the Central Bureau of Statistics (BPS) said on Friday. BPS's monthly report said that export earnings only declined in the non-oil and gas sector, which fell by 10.37 percent to $3.50 billion from the previous month.

Prosecutors cut short Tutut's questioning on pipeline scam

Prosecutors cut short Tutut's questioning on pipeline scam JAKARTA (JP): The questioning of Siti Hardijanti "Tutut" Rukmana, a suspect in an alleged markup of state oil company Pertamina pipeline project, was cut short due to her experiencing respiratory problems on Friday. The lawyer representing the daughter of former president Soeharto, Amir Syamsuddin, said his client needed an oxygen mask after a tiring session of seven hours, but the device did not work.

Five judges named to Nazar trial

Five judges named to Nazar trial JAKARTA (JP): Five judges have been appointed to the trial of Central Information for Aceh Referendum (SIRA) chief Muhammad Nazar in the Banda Aceh District Court, which will begin on Thursday, Antara reported. Azis Syarif from the Medan District Court has been named the presiding judge, with NK. Simatupang, M. Taufik, also from Medan, Farida Hanoem from Banda Aceh District Court and Alimusahadi of Sabang District Court appointed as panel members.

DLLAJ rebukes 25 taxi firms

DLLAJ rebukes 25 taxi firms JAKARTA (JP): The City Land Traffic Transportation Agency (DLLAJ) will issue a third warning to 23 taxi companies and a second warning to another two firms for failing to renew and operate their fleets. DLLAJ chief Buyung Atang said on Friday that the two companies facing a second warning had promised to operate a total of 1,200 taxis.