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Wed, 21 Feb 2001
Govt to open oil block tenders next month
Govt to open oil block tenders next month JAKARTA (JP): The government plans to open the tender process for 23 new oil blocks next month, marking the government's first attempt in years to tender oil blocks, after it took over the task from state-owned oil and gas company Pertamina.
Wed, 21 Feb 2001
Indonesia sees sharp growth in feed production
Indonesia sees sharp growth in feed production SINGAPORE (Reuters): Indonesian feedmillers, buoyed by stronger than anticipated growth in demand last year, are hoping commercial feed output will bounce back to pre-economic crisis levels in 2002, a senior trade official said on Tuesday.
Wed, 21 Feb 2001
Hendri ready to clarify Davis Cup withdrawal
Hendri ready to clarify Davis Cup withdrawal JAKARTA (JP): Men's tennis player Hendri Susilo Pramono said he hoped to meet with Indonesian Tennis Association (Pelti) chairman Tanri Abeng to clarify his withdrawal from the Davis Cup team.
Wed, 21 Feb 2001
Big bites of hearty fare at the Aryaduta's JP Bistro
Big bites of hearty fare at the Aryaduta's JP Bistro JAKARTA (JP): After dealing with our taxi's engine trouble but saved by the exceptionally helpful driver, it was with a warm glow and renewed faith in the human spirit that we were shown to our table in the JP Bistro at Hyatt Aryaduta Jakarta.
Wed, 21 Feb 2001
Riau to accept 10 percent stake in CPP oil block
Riau to accept 10 percent stake in CPP oil block JAKARTA (JP): The Riau provincial administration said on Tuesday it would accept the central government's decision to give the province a 10 percent equity stake in the joint venture that will operate the Coastal Plain Pekanbaru (CPP) oil block.
Wed, 21 Feb 2001
Stock quotations on JSX
Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 20, 2001: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,800 0 384,000 Adindo Foresta Indonesia 130 5 85,000 Alakasa Industrindo 190 0 0 Alfa...
Wed, 21 Feb 2001
Eurico under house arrest in E. Jakarta
Eurico under house arrest in E. Jakarta JAKARTA (JP): The North Jakarta Prosecutors' Office transferred on Tuesday former East Timorese pro-Indonesia militia leader Eurico Guterres from state detention in Salemba penitentiary, Central Jakarta, to a house in East Jakarta where he will remain under...
Wed, 21 Feb 2001
Oil primary ASEAN energy to 2010
Oil primary ASEAN energy to 2010 SINGAPORE (Reuters): Oil will remain the main source of energy for Southeast Asia over the next decade, which is shaping up as a period of surging demand in the region, a senior industry official said on Tuesday.
Wed, 21 Feb 2001
Jianshe expects to gain 10% in market
Jianshe expects to gain 10% in market JAKARTA (JP): Chinese motorcycle producer PT PAN Jianshe Milinia Indonesia (PJMI) expects to gain a local market share of about 10 percent this year.PJMI president Henry Sung said that the Indonesian motorcycle market, which was predicted at about 1.
Wed, 21 Feb 2001
Ricky, Antonius quit badminton center
Ricky, Antonius quit badminton center JAKARTA (JP): Ricky Achmad Subagdja, a gold medalist at the 1996 Olympics, and bronze medalist Antonius Budi Arianto resigned from the Indonesian Badminton Center effective on Feb. 17.
Wed, 21 Feb 2001
European Parliament vows support for Indonesia
European Parliament vows support for Indonesia JAKARTA (JP): Visiting envoys of the European Parliament began on Tuesday a visit aimed at exploring what the parliament can do to help Indonesia develop democracy, empower the people and establish good and clean governance, specifically at provincial...
Wed, 21 Feb 2001
IBRA files suit against Hashim
IBRA files suit against Hashim JAKARTA (Reuters): The Indonesian Bank Restructuring Agency (IBRA) filed a bankruptcy suit against well-connected businessman Hashim Djojohadikusumo on Tuesday over his failure to repay over US$500,000 owed by one of his companies, court papers said.
Wed, 21 Feb 2001
Body of Japanese tourist flown home
Body of Japanese tourist flown home DENPASAR, Bali: The body of Japanese tourist Teruo Sueda, 58, was flown back to Japan on Tuesday after being kept for three days at Denpasar General Hospital's morgue, Antara reported on Tuesday.
Wed, 21 Feb 2001
U.S. recalls chicken exports
U.S. recalls chicken exports WASHINGTON (Reuters): Tyson Foods Inc. said on Monday it was recalling 1,150 tons (1,040 tons) of cooked chicken tenderloins and breast strips because the products may have been underprocessed and could cause foodborne illnesses.
Wed, 21 Feb 2001
Governors now more accountable
Governors now more accountable JAKARTA (JP): The government has issued a new regulation that authorizes city councils to demand the accountability of the governor at any time they deem necessary, an official said on Tuesday.The regulation No.
Wed, 21 Feb 2001
Volcano alert in Tomohon
Volcano alert in Tomohon MANADO, North Sulawesi: Residents of Tomohon, some 25 kilometers north of Manado, are becoming increasingly alarmed due to the increasing volcanic activity of Mt. Lokon and Mt. Mahawu.
Wed, 21 Feb 2001
Local investor backs bid for KPC stake
Local investor backs bid for KPC stake JAKARTA (JP): East Kalimantan said on Tuesday that a local investor was backing the province's bid to acquire a 51 percent stake in foreign owned coal mining company PT Kaltim Prima Coal (KPC) operating in the province.
Wed, 21 Feb 2001
Hendrawan gets good draw for World GP 2000 Finals
Hendrawan gets good draw for World GP 2000 Finals JAKARTA (JP): World number four and Olympics silver medalist Hendrawan is in a relatively easy group C at the US$250,000 World Grand Prix 2000 Finals in Brunei Darussalam next month.
Wed, 21 Feb 2001
Toward reconciliation
Toward reconciliation A lot is being made these days of the nonattendance of three of the four persons generally considered to be the top leaders of this country's "political elite" at a gathering organized by Jakarta's native Betawi community at the Jakarta Convention Hall on Sunday.
Wed, 21 Feb 2001
Tutut quizzed for alleged role in Pertamina scandal
Tutut quizzed for alleged role in Pertamina scandal JAKARTA (JP): Businesswoman Siti Hardijanti Hastuti "Tutut" Rukmana, the eldest daughter of former president Soeharto, was grilled on Tuesday for almost 10 hours at the Attorney General's Office over an alleged markup in a US$306 million...
Wed, 21 Feb 2001
Rogue forces exacerbate tension in Aceh
Rogue forces exacerbate tension in Aceh JAKARTA (JP): A member of the Indonesian Military/National Police faction in the Aceh provincial council said rogue forces in the province had exacerbated tensions between security forces and separatist rebels.
Wed, 21 Feb 2001
Supping on goat soup by the roadside
Supping on goat soup by the roadside JAKARTA (JP): Jakarta-style sop kambing (goat soup) is sought after for its richness, if one ignores the huge cholesterol boost (and those recent reports of anthrax in Bogor!). A popular place to sup on the soup is Jl.
Wed, 21 Feb 2001
City administration warns of anthrax symptoms
City administration warns of anthrax symptoms JAKARTA (JP): The city administration warned residents on Tuesday to stay alert for symptoms of anthrax, such as skin lesions, following reports of infected goat meat and beef in neighboring Bogor regency.
Wed, 21 Feb 2001
RI needs true statesmen
RI needs true statesmenFrom Rakyat MerdekaThe key to the welfare and prosperity of a nation lies in the wisdom of a statesman. A leader and a statesman must both be wise.When a politician gains public support and reaches the apex of power, he has legitimacy as a statesman, morally, intellectually...
Wed, 21 Feb 2001
PSM unsure of Mattoangin renovation
PSM unsure of Mattoangin renovation JAKARTA (JP): PSM management has been in doubt about being able to meet the deadline for renovating the Mattoangin Stadium in Makassar, South Sulawesi, as the Asian Football Confederation (AFC) will announce the host for the Asian Champions Cup next week.
Wed, 21 Feb 2001
Solving problems through conscience
Solving problems through conscienceFrom Suara KaryaHaving taken everything into consideration, I am of the opinion that the idea of accelerating the holding of a special session of the People's Consultative Assembly (MPR) following the memorandum issued by the House of Representatives (DPR) will in...
Wed, 21 Feb 2001
Breast cancer on rise in Malaysia
Breast cancer on rise in Malaysia KUALA LUMPUR (DPA): More Malaysian women are being diagnosed with breast cancer in Malaysia due to social changes and greater urbanization in the country, news reports said Monday.
Wed, 21 Feb 2001
No threat to presidency: Gus Dur
No threat to presidency: Gus Dur JAKARTA (JP): President Abdurrahman Wahid played down increasing calls for his resignation on Tuesday saying that he didn't see "any serious threat" to his grip on power.
Wed, 21 Feb 2001
Indonesia thrashes Malaysia 45-1 in one-sided game
Indonesia thrashes Malaysia 45-1 in one-sided game JAKARTA (JP): Indonesia walloped Malaysia 45-1 in a one-sided game on the third day of the fourth Asian Cup Baseball Championship at Bung Karno Baseball Stadium in Senayan, Central Jakarta, on Tuesday.
Wed, 21 Feb 2001
Police arrest 'mastermind' of riot in Sampit
Police arrest 'mastermind' of riot in Sampit JAKARTA (JP): Police on Tuesday arrested a local government official, described as one of the two masterminds of the ethnic riot in Sampit, Central Kalimantan, which has now claimed 17 lives.National Police Chief Gen.
Wed, 21 Feb 2001
Coffee conference to focus on Vietnam, low prices
Coffee conference to focus on Vietnam, low prices SINGAPORE (Dow Jones): Continued weakness in world coffee prices and producers' struggle to shore up prices are likely to be the dominant themes at an industry gathering starting Thursday in Thailand.
Wed, 21 Feb 2001
Sapuan reads defense in tears
Sapuan reads defense in tears JAKARTA (JP): The former deputy head of State Logistics Agency (Bulog) broke into tears as he read out his defense statement at the South Jakarta District Court, saying that he had sacrificed himself for the head of state in a bid to unite the nation.
Wed, 21 Feb 2001
Online W. Cup ticketing glitch to be fixed by Korea, Japan
Online W. Cup ticketing glitch to be fixed by Korea, Japan SEOUL (AP): Sometime this week, soccer fans in South Korea and Japan may finally be able to apply for 2002 World Cup tickets online, organizers and news reports said Tuesday.
Wed, 21 Feb 2001
Rizal upbeat IMF, govt will reach deal
Rizal upbeat IMF, govt will reach deal JAKARTA (JP): Coordinating Minister for the Economy Rizal Ramli said on Tuesday he was confident the government would be able to reach an agreement with the International Monetary Fund soon.
Wed, 21 Feb 2001
C&C 2000 earnings to be dented by Astra
C&C 2000 earnings to be dented by Astra SINGAPORE (Reuters): Singapore motor distributor Cycle & Carriage (C&C) is expected to report lower 2000 profits, hurt by foreign exchange losses at its Indonesia unit, PT Astra International, analysts said on Tuesday.
Wed, 21 Feb 2001
Rupiah Rates Feb.20
Rupiah Rates Feb.20 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 9,113.00 10,113.00 9,565.00 9,661.00Australian dollar 1 4,833.54 5,368.99 5,073.28 5,129.02Austrian schilling 1 610.21 677.54 640.48 647.26Belgian franc 1 208.15 231.12 218.47 220.
Wed, 21 Feb 2001
Asia pressured to adopt reforms in private sector
Asia pressured to adopt reforms in private sector MANILA (AFP): The economic slowdown in the United States will force Asian nations to implement reforms in the private sector which many of them had tried to evade for the last three-and-a- half years, the World Bank says.Driven by the booming U.S.
Wed, 21 Feb 2001
Making business climate for E. Timorese welfare
Making business climate for E. Timorese welfare One of the leaders of East Timor's Fretilin independence movement, Mari Alkatiri, is now Minister of Economic Affairs in the transitional Cabinet. Following are excerpts of an interview with The Jakarta Post held last month in Dili.
Wed, 21 Feb 2001
Won, New Taiwan dollar rally on foreign equity inflows
Won, New Taiwan dollar rally on foreign equity inflows SINGAPORE (Dow Jones): Asian currency markets followed divergent trajectories Tuesday.In North Asia, foreign equity inflows continued to bolster the South Korea won and New Taiwan dollar, while most of the Southeast Asian currencies, except the...
Wed, 21 Feb 2001
Pupuk Kaltim to go it alone ahead of IPO
Pupuk Kaltim to go it alone ahead of IPO JAKARTA (JP): State fertilizer firm PT Pupuk Kalimantan Timur (Pupuk Kaltim) hopes to divorce itself from its holding company PT Pupuk Sriwijaya (Pusri) ahead of its plan to go public in May, its president Syaiful Amir said on Tuesday.
Wed, 21 Feb 2001
Foreign envoys visit Ambon for firsthand information
Foreign envoys visit Ambon for firsthand informationBy Edith Hartanto AMBON, Maluku (JP): A group of foreign envoys, assisted by Minister of Settlement and Regional Infrastructure Erna Witoelar, visited Ambon island on Tuesday in an effort to obtain firsthand information for the planned...
Wed, 21 Feb 2001
Police shoot side mirror thief
Police shoot side mirror thief JAKARTA (JP): Police arrested two men and shot one of them for reportedly stealing the side mirrors of a Mercedes sedan at the Hotel Indonesia traffic circle on Jl. Thamrin, Central Jakarta, on Tuesday.
Wed, 21 Feb 2001
Sigma to market Fiserv products
Sigma to market Fiserv products JAKARTA (JP): PT Sigma Cipta Caraka, a local software company, has won a contract to market the products of Wisconsin-based PT Fiserv Indonesia, which specializes in developing software for financial institutions.
Wed, 21 Feb 2001
Govt to impose stern measures against separatists
Govt to impose stern measures against separatists JAKARTA (JP): The government will take stern measures against separatist movement activities nationwide starting next month, Minister of Defense Mahfud M.D. said on Tuesday.
Wed, 21 Feb 2001
A framework for East Timor's economic planning
A framework for East Timor's economic planning The following is the first of two articles on East Timor's economic planning by C.G. Moghe, who has worked in financial services in various countries for the last 30 years.
Wed, 21 Feb 2001
Manila returns to rice market
Manila returns to rice market MANILA (Reuters): The Philippines plans to buy an initial 100,000 tons of rice next month in a tender to be held by state- trading firm National Food Authority (NFA), its deputy administrator Gregorio Tan said on Tuesday.
Wed, 21 Feb 2001
KL replaces old palmoil trees
KL replaces old palmoil trees KUALA LUMPUR (AFP): A Malaysian minister called Tuesday for a mass replanting scheme on older palmoil estates to cut over- production and increase sagging prices.Primary Industries Minister Lim Keng Yaik said he would propose to cabinet on Wednesday that at least...
Wed, 21 Feb 2001
Drug traffickers start to use Internet: Report
Drug traffickers start to use Internet: Report JAKARTA (JP): There is a strong indication that a new drug trafficking operation using the Internet has hit Jakarta and other big cities in the country, it was reported on Tuesday.
Wed, 21 Feb 2001
Employees of BII on strike
Employees of BII on strike JAKARTA (JP): Employees picket the Bank Internasional Indonesia (BII) headquarters on Jl. M.H. Thamrin, Central Jakarta for a second straight day on Tuesday to demand better pay from the management.
Wed, 21 Feb 2001
Viewing Australia's Papua policy
Viewing Australia's Papua policyBy Siswo Pramono JAKARTA (JP): After East Timor, Papua, officially Irian Jaya, is another potential obstacle for Indonesia-Australia relations. Many Indonesians are suspicious of Australia's motives relating to Papua.