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Sat, 18 May 2002
Vietnam attracts more FDI
Vietnam attracts more FDI HANOI: Vietnam has decided to increase the number of private business sectors open to foreign investment in an effort to attract more capital into the country, official media reported on Friday.
Sat, 18 May 2002
Megawati to get guarded Timor welcome
Megawati to get guarded Timor welcomeDean Yates, Reuters, Dare, East Timor Lurdes da Cruz fights back tears as she thinks about the suffering endured by East Timor's people during harsh Indonesian occupation.
Sat, 18 May 2002
Annan hails Megawati's decision on Dili trip
Annan hails Megawati's decision on Dili tripAnnastashya Emmanuelle, The Jakarta Post, Jakarta UN Secretary-General Kofi Annan hailed on Friday President Megawati Soekarnoputri's decision to attend East Timor's independence declaration and Indonesia's willingness to forget the past.
Sat, 18 May 2002
Fan named Asian Player of the Year
Fan named Asian Player of the Year KUALA LUMPUR: Veteran Chinese defender Fan Zhiyi was Friday named the 2001 Asian Player of the Year.Fan, who played a key role in China's first ever qualification for the World Cup finals, beat off the challenge of fellow Chinese star Li Tie, Iran's Ali Karimi,...
Sat, 18 May 2002
Language constraint hampers Indonesian athletic coaches
Language constraint hampers Indonesian athletic coachesMusthofid The Jakarta Post JakartaLanguage constraints is still a major impediment in efforts to upskill Indonesian track and field coaches, according to a top official of the country's athletics governing body PASI.
Sat, 18 May 2002
PM Mahathir moves onto center stage
PM Mahathir moves onto center stage Don Pathan The Nation Asia News Network Bangkok Like the lyrics of one of his favorite songs, Frank Sinatra's My Way, Malaysian Prime Minister Mahathir Mohamad, in the course of his political career, has bitten off more then he could chew.
Sat, 18 May 2002
Taiwan separatists doomed to fail
Taiwan separatists doomed to failHua Hua, China Daily, Asia News Network, Beijing Separatists in Taiwan were dealt a heavy blow when their latest attempt to create "two Chinas" or "one China, one Taiwan" in the international community ended in failure.
Sat, 18 May 2002
East Timor's independence brings bitter pain for veterans
East Timor's independence brings bitter pain for veteransMuhammad Nafik, The Jakarta Post, Jakarta East Timor's secession in 1999 has still left bitter pains for many Indonesians, particularly veterans who fought for its integration with Indonesia 27 years ago.
Sat, 18 May 2002
Parking fee violations recur
Parking fee violations recur Looking at the extent of parking fee violations committed by various parking managements, the City Council Commission D, urged the city administration on May 14 to revoke the operational license for PT Securindo Packatama Indonesia, a firm managing secure parking lots.
Sat, 18 May 2002
FDI approvals fall by 88 percent
FDI approvals fall by 88 percentAdianto P. Simamora, The Jakarta Post, Jakarta Foreign direct investment (FDI) approval dropped by 88 percent to US$291.5 million in the first quarter of this year compared to $2.
Sat, 18 May 2002
Bush meeting puts Mahathir center stage
Bush meeting puts Mahathir center stageDon Pathan, The Nation, Asia News Network, Bangkok Like the lyrics of one of his favorite songs, Frank Sinatra's My Way, Malaysian Prime Minister Mahathir Mohamad, in the course of his political career, has bitten off more then he could chew.
Sat, 18 May 2002
Tangerang lacks school teachers
Tangerang lacks school teachers TANGERANG: Tangerang regency needs at least 3,450 more teachers as it has only 4,500 of them for its 1,076 elementary schools in 26 districts. Regent Agus Djunara said on Thursday that the lack of teachers hampered efforts to improve education.
Sat, 18 May 2002
Daan Mogot Mall resumes operation
Daan Mogot Mall resumes operation JAKARTA: Daan Mogot Mall, which was destroyed during the 1998 May riots following the killing of four Trisakti University students, reopened for business on Friday."The mall was opened after all the renovation work to repair the damage caused by the riots was...
Sat, 18 May 2002
1. Xanana --- 2x20
1. Xanana --- 2x20 Gusmao thanks the world as independence nears 2. Timor ---- 1x25 Megawati to get guarded Timor welcome 3. History -- 1x26 E. Timor: World's youngest nation 4. Seroja --- 2x30 East Timor's independence brings bitter pains for veterans 5.
Sat, 18 May 2002
Limbak, Rina: Two generations of 'kecak' dancers
Limbak, Rina: Two generations of 'kecak' dancersTantri Yuliandini, The Jakarta Post, Ubud, Bali Two great apes confront each other in the treetops, each fighting for a share of a kingdom. The apes bare the fierceness of their fangs, and their barks and snarls pierce the quietude of the forest.
Sat, 18 May 2002
IBRA installs new management team for BII
IBRA installs new management team for BIIThe Jakarta Post, Jakarta The Indonesian Bank Restructuring Agency (IBRA) installed on Friday a new management team for ailing Bank Internasional Indonesia (BII) as one of the conditions set by the House of Representatives for a government-sponsored bailout...
Sat, 18 May 2002
Astra returns to the black
Astra returns to the blackThe Jakarta Post, Jakarta The publicly listed automaker PT Astra International announced Friday that it had booked a net profit of Rp 1.1 trillion (US$121 million) in the first quarter of this year from a net loss of Rp 515 billion last year on the back of higher sales and...
Sat, 18 May 2002
BI transfers four banks to IBRA
BI transfers four banks to IBRA JAKARTA: Bank Indonesia announced Friday it had transferred the supervision of Bank Prima Express, Bank Patriot, Bank Universal and Bank Artha Media to the Indonesian Bank Restructuring Agency (IBRA).
Sat, 18 May 2002
Rapists must be
Rapists must be severely punishedFrom Media Indonesia It is really heart-rending for me to read and watch newspaper and TV reports about the rape and torture of a teenage girl, Lestari (16), by four youths in Klaten, Central Java. Their treatment of the victim was so barbaric and inhuman.
Sat, 18 May 2002
RI beats Denmark 3-0 cruising to finals
RI beats Denmark 3-0 cruising to finalsNovan Iman Santosa, The Jakarta Post, Guangzhou, China Indonesia is a step closer to retaining the Thomas Cup after crushing Denmark 3-0 in the semifinals of the men's badminton competition in Guangzhou, China on Friday evening.
Sat, 18 May 2002
Unyil the puppet and 'Betty La Fea'
Unyil the puppet and 'Betty La Fea'From Media IndonesiaAs an observer of the development of the children of the nation, frankly I am rather disappointed with RCTI, the TV station which aired an episode of the Si Unyil puppet show titled Mom, where are you going again on April 28 at 10 a.m.
Sat, 18 May 2002
Officers to continue legal fight over retirement
Officers to continue legal fight over retirement A number of high-ranking police officers are considering legal action in the State Administrative Court (PTUN) to challenge the National Police Headquarters' retirement age policy.
Sat, 18 May 2002
1. Custom (2x24)
1. Custom (2x24)'Customs office has failed to achieve reform' 2. Astra (4x7)Astra returns to the black3. BII (1x41)IBRA installs new management team at BII 4. FDI (1x25)FDI approvals fall by 88% 5. BP:BP Kangean to sign new contract
Sat, 18 May 2002
XLnet
XLnetThe vast development of multimedia technology requires a high capacity and reliable communication application. Voice and data transmission without delay, transmission security, high network capacity, wide coverage and competitive price are all essential in the era of communication technology.
Sat, 18 May 2002
The Jakarta Post
The Jakarta Post Marketing Department Phone: 021 260 1777 Fax: 021 260 1717 e-mail: jktpostads@cbn.net.id 1
Sat, 18 May 2002
Jamsostek backs govt plan on bank, hospital
Jamsostek backs govt plan on bank, hospitalThe Jakarta Post, Jakarta As part of its altering image, state-owned insurance company PT Jamsostek will back the government's plan to establish a hospital and a bank for manual workers to help improve the social welfare of around 28 million low-income...
Sat, 18 May 2002
McDonald's gifts
McDonald's giftsFrom Bisnis Indonesia I have attended birthday parties a few times at McDonald's and got the impression that it does not seem to care much about the quality of its gifts. In July 2001, my child had a birthday party at McDonald's Pondok Bambu and got a small backpack with a picture...
Sat, 18 May 2002
MLM and Muslims
MLM and MuslimsFrom Bisnis IndonesiaThe statement by Din Syamsudin, a public figure and a member of the Indonesian Ulemas Council, that "the multi-level marketing (MLM) business is forbidden to Muslims" has caused a me a great deal of concern.
Sat, 18 May 2002
Mother's wish causes toddler's death
Mother's wish causes toddler's deathMulta Fidrus, The Jakarta Post, Tangerang It was dawn on Friday and three-year-old Aditya would not stop crying. His mother, 28-year-old Lestari, could not stand the noise and asked her brother-in-law, Herman, to buy Aditya a bowl of chicken porridge.
Sat, 18 May 2002
National Awakening Day
National Awakening Day National Awakening Day, May 20, is commemorated every year to pay homage to those Indonesians who rose as the untied nation of Indonesia, which was still under Dutch colonial domination in the 1920s.
Sat, 18 May 2002
Int'l Bali Fashion Week promotes local designers
Int'l Bali Fashion Week promotes local designersRita A. Widiadana The Jakarta Post Kuta, Bali The third Bali International Fashion Week, held from May 13 through to May 16, showed its class, attracting prominent local and national figures in the fashion business.
Sat, 18 May 2002
Rights commission urged to probe death of witness
Rights commission urged to probe death of witnessAsip A. Hasani, The Jakarta Post, Yogyakarta Pressure has been mounting for a probe into the death of a witness in police custody here more than a month ago.
Fri, 17 May 2002
Backroom deals may spoil amendment process
Backroom deals may spoil amendment processKurniawan Hari, The Jakarta Post, Jakarta The public would not likely be satisfied with the amendments to the 1945 Constitution, if it were done by the People's Consultative Assembly (MPR), because it would be marred by political compromises, according to...
Fri, 17 May 2002
Victim witnesses must testify before court: UNTAET official
Victim witnesses must testify before court: UNTAET officialTiarma Siboro, The Jakarta Post, Jakarta There was no reason for East Timorese victim witnesses to defy the summons to testify before the Indonesian rights tribunal, a United Nations Transitional Administration in East Timor (UNTAET)...
Fri, 17 May 2002
China's economy: More chance than threat
China's economy: More chance than threatThe Jakarta Post, Jakarta In dealing with the challenge presented by China's rapid economic rise, Indonesian companies should take a look at specific industries in China, for there are ample business opportunities to be found, either in cooperation with, or...
Fri, 17 May 2002
New bus fares yet to be decided as debates continue
New bus fares yet to be decided as debates continueAhmad Junaidi, The Jakarta Post, Jakarta Jakarta councillors became involved in a heated debate on Thursday with the city chapter of the Organization of Land Transportation Owners (Organda) over its proposal to increase bus fares by nearly 50...
Fri, 17 May 2002
Chinese FM Tang visits Jakarta
Chinese FM Tang visits Jakarta JAKARTA: Among the world leaders and diplomats who are to attend the independence celebrations on Sunday of the new nation of Timor Lorosae, the former Indonesian province known as East Timor, is Chinese Minister of Foreign Affairs Tang Jiaxuan.
Fri, 17 May 2002
Government to sell 11.32% stake in Indosat
Government to sell 11.32% stake in IndosatThe Jakarta Post, Jakarta The government plans to sell an 11.32 percent stake in state- owned telecommunications company PT Indonesian Satellite Corp. (Indosat) through a private placement, a press statement announced on Thursday.
Fri, 17 May 2002
Malaysia upsets China 3-1 to reach Thomas Cup final
Malaysia upsets China 3-1 to reach Thomas Cup finalNovan Iman Santosa, The Jakarta Post, Guangzhou, China Malaysia cruised to the final of the Thomas Cup after overcoming China 3-1 in their semifinal matches at the Tianhe Sports Center in China on Thursday.
Fri, 17 May 2002
This space was allocated
This space was allocated for a full-page advertisementbelonging to PT Telkom
Fri, 17 May 2002
SBI rate down to 16.08%
SBI rate down to 16.08% JAKARTA: The weighted average interest rate on Bank Indonesia's one-month SBI promissory note declined to 16.08 percent at the weekly auction on Wednesday, from 16.26 percent at last week's auction.Bank Indonesia said in a statement that it accepted Rp 20 trillion (US$2.
Fri, 17 May 2002
China, ASEAN end talks on free trade
China, ASEAN end talks on free tradePeter Harmsen, Agence France-Presse, Beijing China and 10 Southeast Asian countries wrapped up three days of talks in Beijing Thursday on creating the world's largest free trade zone.
Fri, 17 May 2002
Dilemma of Bank BII
Dilemma of Bank BII Before 1998, it would have been impossible to analyze publicly the distressed condition of a particular bank, let alone debate whether it would be better to simply liquidate or recapitalize that bank, without setting off massive runs and consequently accelerating its failure.
Fri, 17 May 2002
Teachers protest against 'discrimination'
Teachers protest against 'discrimination' TANGERANG: Some 1,000 kindergarten, elementary and high school teachers grouped in the Tangerang branch of the Indonesian Teachers' Union (PGRI) staged a rally at the local municipal offices on Thursday to protest against what they claimed was the...
Fri, 17 May 2002
Megawati to open Koran recital contest
Megawati to open Koran recital contest MATARAM, East Nusa Tenggara: President Megawati Soekarnoputri is expected to open the national Koran recital context to be held here in July.Djafar Suryadi, chairman of the contest's organizing committee, said the invitation to the President for the contest's...
Fri, 17 May 2002
Busway likely to precede subway project
Busway likely to precede subway projectTantri Yuliandini and Fabiola Desy Unidjaja, The Jakarta Post, Jakarta The government's overdue subway project is in danger of being overshadowed by the attractive busway program, which will be implemented at the end of this year in the capital.
Fri, 17 May 2002
West Sumatra's poor miss out on govt's free health services
West Sumatra's poor miss out on govt's free health servicesDebbie A. Lubis, The Jakarta Post, Padang Lack of awareness of government-provided health facilities among the poor in West Sumatra has deprived them of free medication, an official has said.
Fri, 17 May 2002
Investment and tax holidays
Investment and tax holidays Recently, the Investment Coordinating Board (BKPM) chairman, Theo F. Toemion, has suggested that the government needs to provide incentives such as tax holidays, to encourage business circles to invest in the real sector.
Fri, 17 May 2002
Rupiah Rates May.16
Rupiah Rates May.16 JP/13/ConverRupiah Rates May.16 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S. dollar 1 9,720.00 8,720.00 9,266.00 9,174.00 Australian dollar 1 5,329.48 4,776.82 5,080.55 5,025.52Brunei dollar 1 5,392.51 4,835.04 5,140.64 5,086.78Canadian dollar 1 6,247.
Fri, 17 May 2002
More companies enter leased line sector
More companies enter leased line sectorI. Christianto, Contributor, Jakarta Although many Indonesian companies are still in financial difficulties, the advancement of information technology remains a number one priority for many.