Indonesian Political, Business & Finance News

Archive: 16 October 2000

42 articles found

Yen promoted as common currency

Yen promoted as common currency TOKYO (Nikkei): The Ministry of International Trade and Industry and utility firms are pushing to make the yen the common currency in settling accounts for imported natural resources from other Asian nations, the Nihon Keizai Shimbun reported in its Saturday edition,...

S'pore opens costly chemical park in Jurong

S'pore opens costly chemical park in Jurong SINGAPORE (AFP): Singapore at the weekend inaugurated a multi- billion-dollar integrated chemical hub on a sprawling man-made island that boasts among its clients the industry's brightest stars such as ExxonMobil.

Suwondo has yet to link Gus Dur to Bulog scandal

Suwondo has yet to link Gus Dur to Bulog scandal JAKARTA (JP): President Abdurrahman Wahid's former masseur, Alip Agung Suwondo, alias An Peng Sui, has yet to speak of the President's alleged involvement in the Rp 35 billion (US$3.

Book fair opens Tuesday

Book fair opens Tuesday JAKARTA (JP): Vice President Megawati Soekarnoputri will inaugurate the Indonesia Book Fair 2000 at the Jakarta Hilton Convention Center on Tuesday, the Indonesian Publishers Association (Ikapi) announced on Saturday.

Mission to visit Jolo island

Mission to visit Jolo island MANILA (AFP): A fact-finding mission from the Organization of Islamic Conference (OIC) will visit the southern Philippine island of Jolo, where Moro rebels are holding five hostages, a diplomatic source said on Sunday.

Maluku military to carry out major reshuffle

Maluku military to carry out major reshuffle AMBON, Maluku (JP): Amid prolonged sectarian violence in Maluku and North Maluku provinces, Pattimura Military Command will get six new middle-ranking officers to fill strategic posts in the command.Pattimura Military Commander Brig. Gen.

Brimob officers, teenagers brawl

Brimob officers, teenagers brawl JAKARTA (JP): At least five were injured in an unusual brawl on Saturday night between teenage "punk rockers" and officers of the elite National Police Mobile Brigade (Brimob) near the Moestopo University, which is located close to Plaza Senayan in South Jakarta.

Fuel price hikes

Fuel price hikesFrom Warta KotaSince Oct. 1 the price of fuel has been increased. Jakarta residents, especially the needy, can do nothing but accept these hikes. I think this submissive attitude tends to reflect their powerlessness brought on by the multidimensional crisis.

IPU meeting opens amid call for peace

IPU meeting opens amid call for peace JAKARTA (JP): President Abdurrahman Wahid officially opened the 104th Inter-Parliamentary Union (IPU) conference on Sunday, calling on the organization to contribute to the peace process between the Palestinian people and Israel who are now on the brink of war.

Students rally against Israel

Students rally against Israel SEMARANG, Central Java: Some 1,500 students claiming to support the Justice Party (PK) rallied at the provincial legislative council on Saturday to condemn Israel's attack on Palestinians.

RI power supply hinges on PLN talks with IPPs

RI power supply hinges on PLN talks with IPPsBy Berni K. Moestafa JAKARTA (JP): Java and Bali could suffer a power crisis in 2003, says state electricity company PT PLN president Kuntoro Mangkusubroto.PLN cites 21 regions as likely to suffer from power shortages in the near future, including Aceh,...

The world blinks, but Indonesia loses

The world blinks, but Indonesia loses Nationalism is cheap when it is without principles, writes Jeffrey Winters, an expert on Indonesia from Northwestern University Chicago, USA. CHICAGO, Illinois (JP): Countries lose credibility when they make threats and then cave in.

Asian currencies go from bad to worse: Analysts

Asian currencies go from bad to worse: Analysts SINGAPORE (Reuters): The aftershocks of the '97 crisis have meant the outlook for Asian regional currencies has never been that bright, but things have recently taken a turn for the worse.

Gus Dur told to comply with law on Tommy's case

Gus Dur told to comply with law on Tommy's case JAKARTA (JP): President Abdurrahman Wahid has been reprimanded following his secret meeting with former president Soeharto's son Hutomo "Tommy" Mandala Putra, who has been convicted in a Rp 76.

Armed men attack Kawanua pub

Armed men attack Kawanua pub JAKARTA (JP): Some 100 armed men in Muslim clothes, stormed the Kawanua pub and restaurant on Jl. Abdullah Syafi'i in Tebet district, South Jakarta, in the early hours of Sunday.

Guterres a patriot?

Guterres a patriot? I am staggered by the support shown to Eurico Guterres, who is now being paraded before us as a true Indonesian patriot. This same man was quoted two years ago as saying that he just wanted to be left in peace to drink and gamble.

8,000 refugees face hunger after Irian riots

8,000 refugees face hunger after Irian riots JAKARTA (JP): Some 8,000 refugees of the Wamena disturbances who are sheltering in nearby military and police posts in Jayawijaya regency are living in squalid conditions and facing hunger and a lack of medical supplies.

Japan mulls US$540m RI loans

Japan mulls US$540m RI loans TOKYO (AFP): Japan is considering fresh loans worth US$540 million to Indonesia at a planned meeting of donor nations this week, Japan Broadcasting Corp. (NHK) said Sunday.Indonesia will estimate its debt next year at $4.

Three killed in Aceh latest violence

Three killed in Aceh latest violence BANDA ACEH, Aceh (JP): At least three people, including one police officer, died in the latest violence in Pidie and North Aceh regencies on Saturday, a police officer said.Police Deputy Chief Supt.

Police arrest suspected dealer

Police arrest suspected dealer KUTA, Bali: Badung Police arrested on Saturday an alleged drug dealer and seized 290 ecstasy pills and five packages of shabu- shabu (crystal memthamphetamine) when the suspect was reportedly about to meet a buyer.The chief of the narcotics unit, Second Insp.

Andrean, Taufik still winners

Andrean, Taufik still winners JAKARTA (JP): Indonesian Chess Association (Percasi) Master (MP) Andrean Susilodinata took back fourth place in the 10-year age group in the World Youth Chess Championship 2000 in Oropesa del Mar, Spain, after beating Simon Fandler of Austria on Saturday using the...

WW II bomb kills one

WW II bomb kills one MAUMERE, East Nusa Tenggara: A bomb thought to date back to World War II has exploded in remote Mole hamlet on Pemana island, killing a woman and injuring two others, an official said on Saturday.

Bima Sakti, Pacific survive relegation

Bima Sakti, Pacific survive relegation BANDUNG (JP): Bima Sakti Nikko Steel and Pacific Caesar took one victory each to avoid relegation in the fourth leg of the 2000 Nuvo Kobatama national basketball league at Padjadjaran stadium Sunday.

Govt addresses expatriate taxation concerns

Govt addresses expatriate taxation concerns JAKARTA (JP): The Directorate General of Taxation has insisted that expatriates in Indonesia have to register with local tax offices and file tax returns in line with the a new income tax law that will come into force in January but assured them of a...

New price lows seen for rubber on INRO sale

New price lows seen for rubber on INRO sale KUALA LUMPUR (Reuters): The International Natural Rubber Organization's (INRO) decision to sell its entire stockpile in eight months may push rubber prices to fresh lows from last year's 30-year bottom, traders said on Sunday.

Sarwono warns against illegal sea exploitation

Sarwono warns against illegal sea exploitation SEMARANG (JP): Minister of Maritime and Fisheries Sarwono Kusumaatmadja lamented again on Saturday that much of the country's marine resources were being exploited by foreigners or parties who choose to ignore prevailing regulations.

Police officers escape kidnapping

Police officers escape kidnapping MAKASSAR, South Sulawesi (JP): Sinjai deputy police chief Sr. Insp. Sappewali and his adjutant Pvt. Achmad Patudangi were assaulted and abducted at Balampesoang village on Saturday, but subsequently managed to escape.

Better education urgent for Banten, experts say

Better education urgent for Banten, experts say ANYER, Banten (JP): To prepare for the enactment of the regional autonomy law in 2001, the authorities of the newly established Banten province should first focus on improving education, an economist said here on Saturday.

BaliCamp gears up to become Indonesia's Silicon Valley

BaliCamp gears up to become Indonesia's Silicon ValleyBy Zatni Arbi BATURITI, Bali (JP): I just spent two very interesting days in Bali. The second day would perhaps be interesting only to me: I spent the whole day in the Bedugul area, which I had visited more than 20 years ago and had been...

Security system blamed over lack of visitors to Indocomtech

Security system blamed over lack of visitors to Indocomtech JAKARTA (JP): The promoter of the computer exhibition Indocomtech 2000 complained over tight security measures at the exhibition venue on the final day of the five-day exhibition on Sunday, describing the arrangements as preventing people...

Two die in traffic accident

Two die in traffic accident JAKARTA (JP): Two people died and three others were badly injured in a multiple traffic accident on the Tanjung Priok- Cawang highway near Prumpung, East Jakarta in the early hours of Sunday.

The province of Banten

The province of Banten Without fanfare and practically unnoticed by many Indonesians, Banten, a former regency on Java's western tip, became this country's youngest province earlier this month.That should have been reason for celebration.

President to make another trip abroad

President to make another trip abroad JAKARTA (JP): Less than two weeks after his last overseas trip, President Abdurrahman Wahid will embark on yet another trip on Tuesday, which will take him to Malaysia, South Korea and Singapore.

Dome serves up delicious coffee

Dome serves up delicious coffee Coffee is the most celebrated drink in the world. Most of us take our coffee in the office, cafe or even at home with no purpose with no purpose other than enjoying a brief respite with that universal and historic beverage.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition Body Fantasy by I Gusti Ayu Kadek Murniasih, at Nadi Gallery, Jl. Kedoya Raya 53, West Jakarta (Phone: 5818129), Monday to Friday, 10 a.m. to 8 p.m., Saturday- Sunday, 10 a.m. to 2 p.m., until Oct. 29.

Who regulates billboards?

Who regulates billboards? I am expatriate currently working and living in Jakarta and have enjoyed several assignments in the capital city since 1979 for periods in excess of two/three years at various times.

Tommy asking for pardon?

Tommy asking for pardon?From Rakyat MerdekaAnother legal oddity recently happened. Tommy, former president Soeharto's youngest son, feeling himself innocent in the Bulog-Goro case has asked for a presidential pardon and a delay in the execution of his jail sentence, while at the same time he also...

Expert hints of more HIV-contaminated blood

Expert hints of more HIV-contaminated blood JAKARTA (JP): An expert said on Sunday that each year saw an increase of contaminated blood at the Indonesian Red Cross (PMI) along with a rise in HIV/AIDS carriers in the country.

C. Java stages tennis c'ships

C. Java stages tennis c'ships SEMARANG (JP): The Indonesian Tennis Association (Pelti) Central Java chapter will stage the Central Java Governor's Cup national championships early next month."The Championships are to search for young talents to prepare them for international tournaments," said an...

Bomb hoax in Makassar

Bomb hoax in Makassar MAKASSAR, South Sulawesi: Ratu Indah Mall on Jl. Dr. Sam Ratulangi received a bomb threat on Sunday afternoon, forcing hundreds of shoppers to rush out of the mall in panic.The three-story mall, the biggest shopping center in eastern Indonesia, is owned by Yusuf Kalla, former...

TV today

TV todayTVRI 5:00 a.m. Religious Teachings6:00 News8:00 Children's Program8:30 Music9:00 Interval2:00 p.m. News2:30 Performance3:00 Music4:00 News4:30 Music5:30 TVRI News6:00 TV Series: Dos Mujeres7:00 Evening News7:30 TV Drama8:00 Sports8:50 Soccer: Indonesia vs China (live)Program 2 5:30 p.m.

Credit crunch continues in local banking industry

Credit crunch continues in local banking industry JAKARTA (JP): The amount of the loans being channeled by domestic banks remains far below the amount of their third-party funds, reflecting the lack of growth in the industry's lending activities.