Indonesian Political, Business & Finance News

Archive: 11 November 2000

59 articles found

Nikko Securities, BNI sign deal

Nikko Securities, BNI sign deal JAKARTA (JP): PT Nikko Securities and state owned Bank Negara Indonesia (BNI) signed on Friday an agreement to jointly market their products.Nikko director Adler Haymans Manurung (right) said that the deal allowed Nikko clients to make investment transactions 24-...

Asian currencies mixed late, new Estrada charges hit peso

Asian currencies mixed late, new Estrada charges hit peso SINGAPORE (Dow Jones): Asian currencies were mixed Friday, with the Philippine peso suffering from a new flurry of corruption allegations against President Joseph Estrada.The New Taiwan dollar rose for the eighth straight session.

Govt warns organizers of Aceh mass rally

Govt warns organizers of Aceh mass rally JAKARTA (JP): While thousands of Acehnese were bracing for the popular assembly for peace, the government issued a stern warning to organizers of the rally on Friday not to inflame separatist passion.

Tables are set for Kwik Kian Gie's party

Tables are set for Kwik Kian Gie's party JAKARTA (JP): All the preparations were completed on Friday, and the stage is set for Saturday's informal gathering of like- minded legislators to discuss national problems.

Robberies in Jakarta

Robberies in JakartaFrom Warta KotaThe electronic and print media have been repeatedly reporting the occurrence of bank robberies in Jakarta, in particular those involving large amounts of cash being carried by bank customers when leaving the bank.

Malaysian palm oil closes lower on export data

Malaysian palm oil closes lower on export data KUALA LUMPUR (Reuters): Malaysian palm oil futures closed lower on Friday on renewed selling prompted by smaller exports for the first 10 days of November, traders said.

Ministry holds free HIV/STD tests

Ministry holds free HIV/STD tests YOGYAKARTA: In commemoration of Sunday's National Health Day, the Ministry of Health will conduct free Human Immunodeficiency Virus (HIV) and Sexually Transmitted Disease (STD) examinations for pregnant women.

Recent history's heroes remembered in street plays

Recent history's heroes remembered in street plays JAKARTA (JP): Heroes of recent history including slain students were remembered Friday as hundreds of students and aspiring actors marked National Heroes Day of Nov. 10.

Geopolitics behind Jiang's trip to SE Asia

Geopolitics behind Jiang's trip to SE AsiaBy Peter Harmsen BEIJING (AFP): When Chinese President Jiang Zemin embarks on a week-long trip to Laos, Cambodia and Brunei this week he will be carrying China's ambition to be a regional power, but will be weighed down by history.

A brief profile of some noted Huangs in Indonesia

A brief profile of some noted Huangs in Indonesia JAKARTA (JP): A number of public figures originating from the Huang families can be found in Indonesia, varying from business people to professionals and community leader as well as politicians.

Locusts hit farms in Sumatra

Locusts hit farms in Sumatra PALEMBANG, South Sumatra: Some 99 hectares planted with rice and corn in Ogan Komering Ulu and Ogan Komering Ilir regencies in the province have been damaged following a locust attack (locusta migratoria), an official said on Friday.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 10, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 2,175 50 407,000 Adindo Foresta Indonesia 120 0 0 Alakasa Industrindo 350 0 0 Alfa Retailindo...

United Tractors' sales surge

United Tractors' sales surge JAKARTA (JP): Publicly listed heavy machinery company PT United Tractors announced on Friday net sales of Rp 3.79 trillion ($US421 million) during the first nine months of the year, or 32 percent higher than during the same period last year.

Batavia, a shoppers' paradise in its day

Batavia, a shoppers' paradise in its dayBy Ida Indawati Khouw The presence of various markets made Batavia a shopping haven. The 64th article on old and protected buildings in Jakarta takes a look into the past.

Awaiting recommendation to buy buses from China

Awaiting recommendation to buy buses from China JAKARTA (JP): Following the signing of the agreement for the marketing of 2,000 buses from Texmaco on the previous day, the city administration on Friday said that it would continue efforts to obtain a government recommendation which would lower the...

Arjuna gets first bath in 15 years

Arjuna gets first bath in 15 years JAKARTA (JP): The city administration on Friday conducted a clean up of the Arjuna Wijaya statue, located at the Bank Indonesia roundabout in Central Jakarta.The City Parks Agency Chief Dadang Ruskandar said that this is the first time in 18 months that the statue...

World rice trade set for somber season in 2001

World rice trade set for somber season in 2001 NUSA DUA, Bali (Reuters): Bumper rice paddies and lackluster demand are likely to set a somber tone in the global rice market in 2001 industry experts say.

Over 4,000 Kamra members question their future

Over 4,000 Kamra members question their future YOGYAKARTA (JP): More than 4,000 members of police-sponsored civilian militia, known as Keamanan Rakyat or Kamra, took to the streets in Yogyakarta on Friday querying about their future as their working contract with then Ministry of Security and...

Seminar on infrastructure

Seminar on infrastructure JAKARTA (JP): A seminar on the importance of infrastructure development in Indonesia will be held at the Shangri-La Hotel on Thursday to discuss the need for increased participation of the private sector.

Former inmates talk about Cipinang jail

Former inmates talk about Cipinang jailBy Joko E.H. Anwar JAKARTA (JP): Amid doubts and speculations about the police's failure so far to locate the nation's most wanted fugitive, Hutomo "Tommy" Mandala Putra, shocking stories about the life in Cipinang Prison could be a factor that makes the...

Wismilak, Mahaputri reach Kobanita final

Wismilak, Mahaputri reach Kobanita final JAKARTA (JP): Defending champion Wismilak CLS of Surabaya was only one step away from its ambition to retain its title after beating another Surabaya-based team Sahabat 64-35 in the semifinals of the Rexona women's Kobatama national basketball league at the...

KAMMI wants Gus Dur to be impeached

KAMMI wants Gus Dur to be impeached YOGYAKARTA (JP): The United Front of Indonesian Muslim Students (KAMMI) ended its second national congress on Friday with a recommendation that the People's Consultative Assembly (MPR) hold a special session to ask for the President's accountability.

Telkom posts 48 percent rise in its net income

Telkom posts 48 percent rise in its net income JAKARTA (JP): State-owned telephone operator PT Telekomunikasi Indonesia (Telkom) booked a 48 percent increase in its net income for the first nine months of the year to Rp 2.18 trillion ($233.02 million) from Rp 1.47 trillion a year earlier.

Hospital duped into paying evacuation

Hospital duped into paying evacuation DENPASAR, Bali: City police here are looking for U.S. citizen Eisenhower D. Jay, 41, who has allegedly cheated the Sanglah General Hospital of almost Rp 300 million.Police spokesperson Ass. Supt.

U.S. ambassador holds RI talks in Washington

U.S. ambassador holds RI talks in Washington WASHINGTON (Agencies): United States Ambassador to Indonesia Robert Gelbard, who has been embroiled in a war of words with senior Indonesian government officials, is having consultations with his superiors in Washington, officials said on Thursday.

People to repay tycoons' debts

People to repay tycoons' debtsFrom Suara KaryaIn the draft state budget for 2001, which the government presented to the House of Representatives on Oct. 2, 2000, 72 percent of the state's revenues (about Rp 172.44 trillion of the projected revenues of Rp 242.

Smart Megawati

Smart Megawati Being smart is different from being clever. Megawati is not said to be clever; she is said to be smart. Prof. Budiyatna said that it was not right for Megawati to say she disagrees with Abdurrahman Wahid's stepping down.

Uncertainties abroad with U.S. election hobbled

Uncertainties abroad with U.S. election hobbled TOKYO (Agencies): With hopes for a quick presidential election result fading, fears were rising abroad that political uncertainty in the United States could start to shake the world's trade and security systems and unsettle Washington's top allies.

Gus Dur officiates mosque, church in Surabaya

Gus Dur officiates mosque, church in Surabaya SURABAYA (JP): President Abdurrahman Wahid, known for his high religious tolerance, officiated the use of a new mosque and a new Catholic church in two subsequent ceremonies here on Friday, saying that the events could be cited as evidence of religious...

British reflections on RI's Heroes Day

British reflections on RI's Heroes DayBy David Jardine JAKARTA (JP): "Happy the land without heroes," said the philosopher Bertolt Brecht. Maybe, but he would find few, if any, takers for such a sentiment in Indonesia as the country celebrated National Heroes Day on Nov. 10.

800 landslides over the past 10 years

800 landslides over the past 10 years BANDUNG (JP): As many as 800 landslides have taken place across the archipelago over the past decade, killing at least 735 people, data collected by the directorate of geology and environment at the Ministry of Mine and Energy showed.

Huang families to gather at Taman Mini

Huang families to gather at Taman MiniBy Oei Eng Goan JAKARTA (JP): The Indonesian Huang Foundation will host the two-day World Huang Family Congress 2000 beginning Saturday at Taman Mini Indonesia. In addition to Huang families from all across the archipelago, many Huang from abroad are expected...

RI hopes remain in World Junior C'ships

RI hopes remain in World Junior C'ships JAKARTA (JP): Indonesia's hopes of seeing its shuttlers in the semifinals of the World Badminton Junior Championships for the Bimantara Cups in Guangzhou, China, remains as boys singles Sony Dwi Kuncoro survived his way to Saturday's semis.

Hunt for fugitive Tommy intensifies

Hunt for fugitive Tommy intensifies JAKARTA (JP): After asking the help of Interpol to put the name of Hutomo "Tommy" Mandala Putra on their worldwide list of wanted people, the police have widened their search for the nation's most wanted fugitive by combing several additional sites outside of the...

Governor hesitant about nightspots

Governor hesitant about nightspots JAKARTA (JP): Governor Sutiyoso on Friday admitted that he was hesitant about his decision to allow nightspots in the capital to stay open during the fasting month."Many people seem against my decision.

Protesting street vendors lower flag

Protesting street vendors lower flag BOGOR (JP): The protest staged by some 200 street vendors in front of the Bogor mayoralty office on Friday turned into a heated argument with the office staff after some of the angry traders lowered the national red and white flag hoisted at the mayoralty office...

No religion without humanism

No religion without humanismBy Franz Magnis-Suseno SJ JAKARTA (JP): Religious people like to be suspicious of humanism. For them, it smells of trying to center on humanity instead of God. Sometimes, a distinction is made between two kinds of humanism: Religious humanism, which is the good humanism,...

Pemda's actions in Bandung

Pemda's actions in Bandung My Sundanese family never received any kind of assistance from the regional authority (Pemda) in Bandung, and neither in Tasikmalaya, West Java. Since we arrived in Belgium in January 2000, Pemda removed my in-laws from their kiosk on Jl. Soekarno- Hatta in front of Makro.

Pura denies collusion reports

Pura denies collusion reports KUDUS, Central Java (JP): Paper printing, processing and engineering business Pura Group denied media reports that it had colluded with officials of Bank Indonesia and the state-owned money printing company PT Peruri in winning the US$7 million contract to supply...

Indonesian bonds gain popularity

Indonesian bonds gain popularity SINGAPORE (Dow Jones): Spreads on Asian benchmark bonds were mixed this week, with longer-dated Philippine government paper surrendering some of the gains made in last week's rally.Spreads on many issues across the region were unchanged.

Rupiah Rates Nov.10

Rupiah Rates Nov.10 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,750.00 9,750.00 9,204.00 9,296.00Australian dollar 1 4,609.50 5,141.18 4,848.67 4,901.78Austrian schilling 1 550.49 613.75 579.05 585.18Belgian franc 1 187.78 209.36 197.52 199.

RI warned of losing local languages

RI warned of losing local languages JAKARTA (JP): Regional autonomy, which will take effect in January, should provide a base for efforts to foster the use of the country's surviving 706 local languages, a linguist said on Friday.

Rizal against PLN proposal to bailout US$2.36b debt

Rizal against PLN proposal to bailout US$2.36b debt JAKARTA (JP): Coordinating Minister for the Economy Rizal Ramli said on Friday that he would reject a proposal by state owned electricity company PT PLN to bailout its debts of Rp 21.5 trillion (US$2.36 billion).

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Mask: Sartoris' Masks in the Commedia dell'Arte, at Museum Nasional Jakarta, Jl. Medan Merdeka Barat 12, Central Jakarta (Phone: 3868172), daily except Monday, until Nov. 27.

Utut plays well but RI bows out to Belarus

Utut plays well but RI bows out to Belarus JAKARTA (JP): Indonesian Grand Master Utut Adianto played outstandingly against Belarus in the 12th round of the 34th Chess Olympiad in Istanbul on Thursday.Unfortunately, his result did not help the country's overall ranking as it dropped to 59th place...

TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Children's Program 8:30 TV Series: Labyrinth 9:00 Interval 2:00 p.m. News 2:30 Cartoon 3:00 Music 4:00 News 4:30 Music 5:30 TVRI News 6:30 Music 7:00 Evening News 7:30 Basketball 8:30 Quiz 9:00 News 9:30 Film 10:30 NewsProgram 2 5:30 p.m.

Law enforcers come under fire over fugitive Tommy

Law enforcers come under fire over fugitive Tommy JAKARTA (JP): Police and state prosecutors came under fire on Friday for failing to arrest Hutomo "Tommy" Mandala Putra who has been convicted in a Rp 76.7 billion corruption case.

S'pore, India eye free trade pact

S'pore, India eye free trade pact SINGAPORE (Reuters): Singapore and India agreed on Friday to study the possibility of a bilateral free trade agreement (FTA) as part of efforts to forge closer economic ties.Singapore is a keen advocate of FTAs to keep up the momentum of trade liberalization.

Asia-Pacific nations split on free trade

Asia-Pacific nations split on free trade BANDAR SERI BEGAWAN (Reuters): Pacific Rim countries struggled on Friday to agree a common platform on global free trade talks ahead of a summit of the region's leaders next week.

'The Cup' sees no escape from modernization

'The Cup' sees no escape from modernizationBy Hartoyo Pratiknyo JAKARTA (JP): In the yard of a remote little Buddhist monastery of Tibetan refugees in the Himalaya foothills in Bhutan, monks in crimson robes are busy playing soccer with an empty Coca-Cola can.

Livoli to kick off in Senayan next week: Officials

Livoli to kick off in Senayan next week: Officials JAKARTA (JP): The Indonesian Volleyball Association (PBVSI) will stage the second leg of the Samator 2000 Indonesian Volleyball League (Livoli) in the Senayan Basketball Hall next week, officials revealed on Friday.

Rating on Daya Guna's $225m notes downgraded

Rating on Daya Guna's $225m notes downgraded JAKARTA (AFP): Moody's Investors' Service on Friday downgraded US$225 million of guaranteed notes issued by Indonesian fishing giant PT Daya Guna Samudra (DGS), citing crippling disruptions to its operations from the religious conflict in the Maluku...

Estrada says he was too busy to report bribe attempt

Estrada says he was too busy to report bribe attempt MANILA (Reuters): Philippine President Joseph Estrada said on Friday he did not report attempts by a former ally to bribe him with millions of dollars because he was too busy.

Thais ensure semis berth after beating Indonesia 4-1

Thais ensure semis berth after beating Indonesia 4-1 JAKARTA (Agencies): Indonesia narrowed its chance for a semifinal ticket following a 1-4 defeat over Southeast Asian soccer powerhouse Thailand in its second encounter in the Tiger Cup soccer match in Chiang Mai, Thailand, on Friday.

Decision on Chandra Asri debt delayed

Decision on Chandra Asri debt delayed JAKARTA (JP): The government has delayed taking the final decision on the high profile debt restructuring of petrochemical company PT Chandra Asri.Chairman of the Indonesian Bank Restructuring Agency (IBRA) Edwin Gerungan said late on Friday that because of the...

PBSI not to expel Taufik, says executive director

PBSI not to expel Taufik, says executive director JAKARTA (JP): The Badminton Association of Indonesia (PBSI) executive director, Karsono, gave his word on Friday that the association would not expel its men's singles player Taufik Hidayat from the Indonesian Badminton Center after the young...

'Rockestra' concert adds new dimension to music

'Rockestra' concert adds new dimension to musicBy Helly Minarti JAKARTA (JP): Three super rock groups were given the same chance: forty five minutes onstage, an orchestra of 85 musicians and Erwin Gutawa, the arranger with the special touch who developed the idea.

Ex-bankers given deadline to surrender more assets

Ex-bankers given deadline to surrender more assets JAKARTA (JP): The government has given the country's prominent former bank owners until Wednesday to agree to surrender more assets and provide personal guarantees to the Indonesian Bank Restructuring Agency (IBRA) to ensure full settlement of...

City official to sue ads company

City official to sue ads company JAKARTA (JP): Chief of the City Planning Agency Ahmadin Ahmad, initially accused of receiving compensation from an advertising firm, vowed on Friday to sue the firm for defamation.