Indonesian Political, Business & Finance News

Archive: 10 November 2000

49 articles found

Feisal Tanjung points at Soeharto

Feisal Tanjung points at Soeharto JAKARTA (JP): Former Indonesian Armed Forces (ABRI) chief Gen. (ret) Feisal Tanjung testified on Thursday that former president Soeharto implicitly ordered the halt of a free speech forum at the Indonesian Democratic Party (PDI) headquarters in July 1996.

Justice for Soeharto

Justice for Soeharto Trouble seems always to be just around the corner for the Soeharto family these days. Even as police continued to search for the former president's youngest son, the Jakarta High Court yesterday reversed an earlier decision by the South Jakarta District Court, opening the way...

Rupiah Rates Nov. 9

Rupiah Rates Nov. 9 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,734.00 9,734.00 9,188.00 9,280.00Australian dollar 1 4,569.63 5,097.70 4,807.16 4,859.94Austrian schilling 1 542.25 604.68 570.43 576.48Belgian franc 1 184.96 206.26 194.58 196.

PSM to host Asian Club C'ships

PSM to host Asian Club C'ships MAKASSAR, South Sulawesi (JP): The Asian Football Confederation (AFC) has appointed the national league champion PSM of Makassar to host the quarterfinals for the eastern Asia zone of the Asian Club Championships next March.

Over 1 million people displaced nationwide: Govt

Over 1 million people displaced nationwide: Govt JAKARTA (JP): Disaster and unrest have increased the number of internally displaced people in the country to a staggering 1,050,000, officials said on Thursday.

Province told to secure UN visit

Province told to secure UN visit JAKARTA (JP): Coordinating minister for political, social and security affairs Susilo Bambang Yudhoyono said on Thursday he had ordered military and police chiefs in East Nusa Tenggara to secure the visit of the UN inquiry team next week.

RP crisis: The poor to be the hardest hit

RP crisis: The poor to be the hardest hitBy Michael L. Tan MANILA: No doubt, the Erap resign movement is gaining momentum, but there is a tendency to overrate the clamor for resignation. The large crowds last Saturday at the Edsa Shrine are still a long way off the people power mobilization of 1986.

Chinese PM to visit ASEAN summit

Chinese PM to visit ASEAN summit BEIJING (AFP): Chinese Premier Zhu Rongji will attend an ASEAN summit in Singapore later this month and hold a trilateral meeting with the leaders of Japan and South Korea, officials said on Thursday.

New No. 1 judge appointed in KL

New No. 1 judge appointed in KL KUALA LUMPUR (AP): A former journalist was appointed Malaysia's new top judge by a conference of state sultans Thursday, the national Bernama news agency reported.Mohamed Dzaiddin Abdullah, 63, will become the Chief Justice of the Federal Court, Malaysia's highest...

KONI needs to develop more young athletes

KONI needs to develop more young athletes JAKARTA (JP): In its effort to improve athletes performances and reach higher levels of achievement in international competitions, the Indonesian Sports Council (KONI) needs to develop more young athletes and set priorities on sports featured in the...

Jihad force struggles to shed militant image

Jihad force struggles to shed militant image JAKARTA (JP): Laskar Jihad, an army of Muslim volunteers sent to the conflict zone in Maluku, is trying to shed its image as a bunch of sword-carrying young men, an image it helped to create when the group was established earlier this year.

Authorities 'serious about arresting Tommy'

Authorities 'serious about arresting Tommy' JAKARTA (JP): Authorities on Thursday were quick to assert their seriousness in the hunt for Hutomo "Tommy" Mandala Putra amid growing public skepticism as a nationwide search was launched for the nation's most wanted fugitive whom they believe is still...

Men told to get into contraception

Men told to get into contraception Padang, West Sumatra: Khoifafh Indar Parawansa, chairwoman of the National Family Planning Board, said one of the major obstacles facing the country's family planning program was the lack of participation and interest on the part of husbands.

Nickel market seen in surplus

Nickel market seen in surplus MELBOURNE (Dow Jones): The global nickel market will move into a modest surplus in 2002 after several years in deficit, Peter Johnston, executive general manager nickel at WMC Ltd. (WMC), said on Thursday.On global supply of 1.12 million metric tons and demand of 1.

Protest mars anniversary

Protest mars anniversary MAKASSAR, South Sulawesi: Student demonstrations spoiled the ceremony commemorating the 393rd anniversary of the South Sulawesi capital of Makassar held at the legislative council building on Thursday.

Surcharge

Surcharge Correction: The second paragraph of the letter Postal surcharge on Nov. 9 in this column says: "... contrary to the Indonesian Postal Agreement". It should say "... contrary to the International Postal Agreement". We regret the error. --Editor

Cibinong, Polysindo to finalize debt plans

Cibinong, Polysindo to finalize debt plans JAKARTA (JP): Cement producer PT Semen Cibinong and integrated textile company PT Polysindo Eka Perkasa are expected to finalize their debt restructuring programs by the end of this year, according to the Jakarta Initiative Task Force (JITF).

Achmad opens ICMI congress

Achmad opens ICMI congress JAKARTA (JP): The third congress of the Association of Indonesian Muslim Intellectuals (ICMI) was opened on Thursday by its acting chairman Achmad Tirtosudiro, who stressed the importance of human resources development.

APEC faces risk from WTO failure

APEC faces risk from WTO failureBy Tony Hartono JAKARTA (JP): Integrating liberalization and economic and technical cooperation objectives into a balanced agenda would sustain the momentum of the Asia Pacific Economic Cooperation forum in Brunei, because it would meet the needs of both its...

More deaths as Acehnese arrive for huge rally

More deaths as Acehnese arrive for huge rally BANDA ACEH, Aceh (JP): At least 11 people have been killed as hundreds of thousands of people from five regencies across strife-torn Aceh defied security cordons to arrive at the capital for a planned assembly this weekend.

Midwife gets 10 years in jail for abortions on 83 women

Midwife gets 10 years in jail for abortions on 83 women BOGOR (JP): The Depok District Court handed down on Thursday a 10-year prison sentence to a midwife for performing abortions on 83 women in three separate maternity clinics in Depok between September 1999 and February 2000.

Three killed in latest landslide in Central Java

Three killed in latest landslide in Central Java PURWOREJO, Central Java (JP): Heavy rain over the past two days in Purworejo caused a landslide on Thursday which killed three people, injured six others and destroyed 10 houses, bringing the death toll in the area from landslides to 51.

Consumers lose confidence in future of economy: Survey

Consumers lose confidence in future of economy: Survey JAKARTA (JP): The consumer confidence index in October fell by 14 percent to 52.2 from 60.6 the previous month, indicating a loss in consumer confidence in the future of the country's economy, according to a survey made by Danareksa Research...

RI girl shuttlers crushed in World Junior C'ships

RI girl shuttlers crushed in World Junior C'ships JAKARTA (JP): Indonesian girls singles shuttlers failed to make their way to the semifinals of the World Badminton Junior Championships for the Bimantara Cups in Guangzhou, China, on Thursday, sending an alarming message to the Badminton Association...

Jakarta int'l film festival showcases new Asian cinema

Jakarta int'l film festival showcases new Asian cinemaBy Dini Djalal JAKARTA (JP): Before bankruptcies swept through Asia in the last years of the 20th century, the millennium was going to be called the Pacific Century.That judgment has been reconsidered.

Tourist visas in Indonesia

Tourist visas in Indonesia Referring to the article published in The Jakarta Post on Nov. 3, 2000 entitled RI ponders fees for visas on arrival, I would like to make the following comments:Minister of Justice and Human Rights Yusril Ihza Mahendra said that Indonesians had been receiving unfair...

Imports of oil equipment decline over security

Imports of oil equipment decline over security JAKARTA (JP): State-owned PT Surveyor Indonesia said on Thursday security concerns were causing a significant decline in imports of equipment for the exploration and production of oil and gas.

KL palm oil ends higher

KL palm oil ends higher KUALA LUMPUR (Reuters): Malaysian palm oil futures closed higher on Thursday on short covering following overnight gains by Chicago soyoil futures, traders said.But business was light as players awaited export data for the first 10 days of November due on Friday.

Pertina might train in Hungary

Pertina might train in Hungary JAKARTA (JP): The Indonesian Amateur Boxing Association (Pertina) is considering holding its centralized training program for the 2001 Southeast Asian (SEA) Games in Hungary. The games will be held in Kuala Lumpur.

Repurchase of QAF shares by Salim 'unethical'

Repurchase of QAF shares by Salim 'unethical' JAKARTA (JP): Coordinating Minister for the Economy Rizal Ramli said on Thursday that the repurchase of QAF Pte. Ltd.'s shares this week by the Salim Group was "unethical.

Income tax for expatriates

Income tax for expatriates The recent improvement in President Abdurrahman Wahid's eyesight is evident in his statement pertaining to the abolition of the ministerial decree on higher severance pay.Mr. Wahid states that "foreign people want to help us but we make trouble for them".

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 9, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 2,125 0 474,000 Adindo Foresta Indonesia 120 -5 27,500 Alakasa Industrindo 350 0 0 Alfa...

Regent asked to stop sand quarrying

Regent asked to stop sand quarrying TANGERANG (JP): Council Speaker of Tangerang Regency, Dadang Kartasasmita, on Thursday asked Regent Agus Djunara to immediately stop the illegal sand quarrying in Sepatan.

Elusive convict and the right to suspect a conspiracy

Elusive convict and the right to suspect a conspiracy The process of arresting businessman Hutomo "Tommy" Mandala Putra is yet another elusive case in bringing the high and mighty to accountability. Criminologist Harkristuti Harkrisnowo shares her views in an interview with The Jakarta Post.

Rupiah lower on foreign debt repayment, other monies mixed

Rupiah lower on foreign debt repayment, other monies mixed SINGAPORE (Dow Jones): Asian currencies were mixed late Thursday, as market participants search for direction in the absence of a final verdict in the U.S. presidential election.

Separatist flags in Irian Jaya to be lowered after Dec. 1

Separatist flags in Irian Jaya to be lowered after Dec. 1 JAKARTA (JP): From Dec. 2 onward no separatist flags will fly in Irian Jaya, independence supporters and the local authorities agreed on Thursday."After Dec. 1, the Morning Star flag will no longer fly in public places.

Jihad Force clarifies

Jihad Force clarifies With reference to a news report published in The Jakarta Post on Nov. 8, 2000 about the Laskar Jihad Ahlus Sunnah Wal Jamaah (Ahlus Sunnah Wal Jamaah Jihad Force) in which it is said that Ayip Syafruddin (chairman of Ahlus Sunnah Wal Jamaah Communication Forum) failed to...

Wardah questioned over illegal rally

Wardah questioned over illegal rally JAKARTA (JP): Coordinator of the Urban Poor Consortium (UPC) Wardah Hafidz, and an activist from the Philippines, Ted Anyana, were brought to the City Police Headquarters on Thursday evening for questioning in connection with the continuing rally by dozens of...

Indonesia plans to raise LNG export to Taiwan

Indonesia plans to raise LNG export to Taiwan JAKARTA (JP): State oil and gas company Pertamina said on Thursday that it was planning to export more liquefied natural gas (LNG) to Taiwan from the Bontang LNG plant in East Kalimantan and the Tangguh plant in Irian Jaya.

Officers equipped with gas pistols

Officers equipped with gas pistols JAKARTA (JP): The increasing threat of violence faced by City Public Order Agency personnel has led the agency to purchase 100 gas pistols, which are designed to incapacitate people, from the police to aid its staff in dealing with stubborn street traders,...

Jakarta administration mulls cows to eat waste

Jakarta administration mulls cows to eat waste JAKARTA (JP): Governor Sutiyoso hinted on Thursday about a plan to use cows at garbage dumps to help reduce the waste problems in the capital."I think using cows to eat up the garbage will be an advantage for the city because the system will help...

IBRA plans to issue asset-backed bonds

IBRA plans to issue asset-backed bonds SEOUL (Dow Jones): The Indonesian Bank Restructuring Agency is preparing to issue its first asset-backed securities in the first quarter of next year, Amir Sambodo, advisor to IBRA's chairman, said on Thursday.

What happens to smuggled goods?

What happens to smuggled goods?From KompasThe public can follow the success of the Directorate General of Customs in confiscating smuggled goods on the TV news and in the newspapers from time to time. The latest success was at Tanjung Priok port in Jakarta on Oct.

KL opposition party official jailed for illegal assembly

KL opposition party official jailed for illegal assembly KUALA LUMPUR (AFP): A leading member of Malaysia's main opposition party was jailed for a month on Thursday after refusing to pay a fine for illegal assembly.

New S'pore tabloid faces tough fight

New S'pore tabloid faces tough fight SINGAPORE (Reuters): A new English-language newspaper hits Singapore's streets on Friday, but analysts say the Today free tabloid will find it hard to dent the dominance of incumbent Singapore Press Holdings (SPH).

Indonesia crashes in Chess Olympiad

Indonesia crashes in Chess Olympiad JAKARTA (JP): Indonesia's teams, men and women, failed to score victories at the 11th round of the 34th Chess Olympiad in Istanbul and had to face the fact that its ranking has been dropping.Indonesian men's players had to bow out to Sweden 1.0-3.

Crack down planned on tax evaders

Crack down planned on tax evaders JAKARTA (JP): The government announced on Thursday it would soon launch a massive crackdown on companies, institutions and individuals suspected of tax crimes.Coordinating Minister for the Economy Rizal Ramli said the government had found preliminary evidence of...

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Work on Paper by Eddie Hara, Ivan Sagito, Galeri Santi, Jl. Benda no. 4, Cilandak Timur, Kemang, South Jakarta (Phone: 7806079), 10 a.m. to 6 p.m., until Nov. 23. * Art Oltre la Visione, a Touch of Italian Contemporary Art, the Istituto Italiano di Cultura, Jl.

Agreement on 2,000 buses for city signed

Agreement on 2,000 buses for city signed JAKARTA (JP): Amid doubts over the ability of PT Texmaco Perkasa Engineering to produce high quality buses and the uncertainty of their sales, the Jakarta chapter of the Organization of Land Transportation Owners (Organda) signed a memorandum of...