Indonesian Political, Business & Finance News

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On This Day - January 23, 2001

Honda to boost Asian imports

Honda to boost Asian imports TOKYO (Reuters): Japan's second-biggest automaker Honda Motor Co Ltd said on Monday it planned to expand domestic sales of cheap motorcycles made at its plants in Asia to cash in on growing demand for cut-price vehicles.

120 golfers compete in Kosaido circuit

120 golfers compete in Kosaido circuit JAKARTA (JP): One hundred and 20 female golfers will compete in the US$75,000 Kosaido Ladies Asia Golf Circuit at the Ciputra Golf and Country Club, Surabaya, from Jan. 24 to Jan. 27.

Garbage adds refugee problems

Garbage adds refugee problems ATAMBUA, East Nusa Tenggara: As if East Timorese refugees in camps across Belu regency did not have enough problems already, they now have a new menacing problem -- what to do with mountains of garbage.

Juan refuses to answer questions over bunker

Juan refuses to answer questions over bunker JAKARTA (JP): Lawyer Juan Felix Tampubolon refused on Monday to answer police questions over his alleged role in obstructing their efforts to locate an underground bunker in the house of the fugitive Hutomo "Tommy" Mandala Putra.

Construction of Plaza Kelapa Gading halted

Construction of Plaza Kelapa Gading halted JAKARTA (JP): The construction project of Plaza Kelapa Gading in Kelapa Gading Barat subdistrict of north Jakarta has temporarily been halted until the city administration issues a building permit (IMB), an official said on Monday.

Cheap land sought for new terminal

Cheap land sought for new terminal JAKARTA (JP): The city administration has recommended two separate plots of land that could house the new bus terminal to replace the overcrowded Pulogadung terminal.One of the plots belongs to state housing company PT Perumnas and the other to private...

Non-military action preferred on hostage case

Non-military action preferred on hostage case JAYAPURA (JP): Army deputy chief Lt. Gen. Kiki Syahnakri and Deputy chief of Irian Jaya police Brig. Gen. Moersoedidarno Moerhadi said in separate interviews on Monday that military action would be the last resort to free the 16 people taken hostage by...

Soldiers told to remain firm in face of plot to ruin Army's image

Soldiers told to remain firm in face of plot to ruin Army's image JAKARTA (JP): Army Chief of Staff Gen. Endriartono Sutarto told soldiers on Monday not to be discouraged by claims by certain groups that the military was behind all the security problems in the country.

Corruption 'from state palace to political parties'

Corruption 'from state palace to political parties' JAKARTA (JP): Unlike in the past, political parties are now the vanguard of corruption in the country, as a result of democratization and decentralization, the Indonesian Corruption Watch (ICW) revealed in its year-end report on Monday.

Centris expects higher revenues

Centris expects higher revenues JAKARTA (JP): Publicly listed transportation company PT Centris Multipersada Pratama Tbk (CMPP) estimates its pretax profit this year will increase by about 50 percent to Rp 6.4 billion ($673,700) from Rp 4.2 billion last year, a company executive has said.

Foreign investors resist Indonesian temptation

Foreign investors resist Indonesian temptation HONG KONG (Reuters): Indonesia's Bank Restructuring Agency (IBRA) wants to clean up the country's biggest financial messes this year, but success hinges on finding a way to tempt back badly burned and deeply skeptical foreign investors.

Eurico trial to continue

Eurico trial to continue JAKARTA (JP): The North Jakarta District Court decided on Monday to continue the trial of East Timorese militia leader Eurico Guterres, who is standing trial on charges of inciting violence.

Bantul builds industrial estate to woo investors

Bantul builds industrial estate to woo investors BANTUL, Yogyakarta (JP): The Bantul regency in Yogyakarta province is developing a 55-hectare industrial estate in Piyungan subdistrict in a bid to lure investors into the regency.

Obituary

Obituary Veteran writer Slamet Soeseno, 73, died at his office here on Monday morning, stunning his colleagues and family.Soeseno, a special editor of Intisari monthly, one of the publications of Gramedia group, and the chief editor of Trubus agriculture magazine, collapsed and died in front of a...

Penguin expands to RI, KL

Penguin expands to RI, KL SINGAPORE (AFX-ASIA): Penguin Boat International Ltd said it has established offices in Indonesia, Malaysia and East Timor as part of its regional expansion strategy.It has incorporated PT Penguin Ferry Jasa in Indonesia with paid up capital of US$400,000, of which 95...

Badminton coaches to have contract system

Badminton coaches to have contract system JAKARTA (JP): The Badminton Association of Indonesia (PBSI) plans to employ a contract system for coaches at the Indonesian Badminton Center in Cipayung, East Jakarta, as a way to improve the performance of the coaches.

Unleaded premium available by April: Pertamina

Unleaded premium available by April: Pertamina JAKARTA (JP): Following the government's plan to initiate the removal of leaded gasoline from sale in the capital this year, the state-owned oil and gas company Pertamina will begin to supply unleaded premium by April 1, 2001.

Cardoso visits East Timor, names new foreign minister

Cardoso visits East Timor, names new foreign minister DILI, East Timor (AP): Brazilian President Fernando Henrique Cardoso appointed on Monday a new foreign minister as he arrived in East Timor for a visit aimed at strengthening bilateral ties with the fledging nation.

RI to retain 40,000 tons of coffee to prop up prices

RI to retain 40,000 tons of coffee to prop up prices JAKARTA (JP): Indonesia plans to retain up to 40,000 tons of coffee until August this year as part of its commitment to prop up falling coffee prices in the world, Minister of Agriculture Bungaran Saragih said on Monday.

Where to go in Bandung:

Where to go in Bandung:Exhibitions* Fine Arts by Bandung Young Artists, at Griya Seni Popo Iskandar, Jl. Dr. Setiabudhi 268 (Phone: 022 2013662), until Jan. 27. * Painting, Ikatan Wanita Pelukis Indonesia, Galeri Hidayat, Jl. Sulanjana 36 (Phone: 022 4208257), 9 a.m. to 4:30 p.m., Jan. 27 to Feb.

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