Archive: 15 November 2000
46 articles found
Wed, 15 Nov 2000, 00:00 WIB
Astra's operating profit rises 76%
Astra's operating profit rises 76% JAKARTA (JP): PT Astra International more than doubled its net operating revenues to Rp 20.2 trillion (US$2.2 billion at the current exchange rate) in the first nine months of this year from a year earlier and posted a 76 percent increase in its operating profit to Rp 2.4 trillion.
Wed, 15 Nov 2000, 00:00 WIB
Authorities told spend prudently
Authorities told spend prudently JAKARTA (JP): Councillors urged the city administration on Tuesday to spend prudently in the 2001 fiscal year over a prediction of an increase in the city budget. The councillors also asked the city administration to pay more attention to poor people, citing that a social gap between the poor and the rich would only provoke unrest.
Wed, 15 Nov 2000, 00:00 WIB
Trial adjourned after judge overwhelmed by arguments
Trial adjourned after judge overwhelmed by arguments JAKARTA (JP): A judge adjourned on Tuesday the trial of 36 protesters who failed to show their identification cards for Jakarta (KTP) after the first defendant became involved in an argument with the judge.
Wed, 15 Nov 2000, 00:00 WIB
National soccer coach Nandar rebuts charges
National soccer coach Nandar rebuts charges JAKARTA (JP): National team coach Nandar Iskandar refuted the accusations that caused his expulsion from the Indonesia squad during the Tiger Cup round-robin matches in Chiang Mai, Thailand. "I was earlier reported to have felt sick so I had to take a rest during the remaining matches. That's not true. I could still fly back home from Thailand and I'm in good condition now.
Wed, 15 Nov 2000, 00:00 WIB
Wishful thinking vs debt crisis
Wishful thinking vs debt crisis This is the first of two articles on Indonesian debt by Juergen Kaiser, campaign coordinator of Erlassjahr 2000, the German Jubilee 2000 campaign, an international civil society initiative for debt cancellation and the reform of international debt negotiation procedures. ESSEN, Germany (JP): As the Consultative Group on Indonesia meeting ended on Oct.
Wed, 15 Nov 2000, 00:00 WIB
Doulos Foundation permit questioned
Doulos Foundation permit questioned JAKARTA (JP): Authorities will not allow reconstruction of the Christian-run Doulos Foundation complex in Cipayung, East Jakarta, which was destroyed by a mob last year, unless the foundation pays a fine of Rp 2 billion (US$215,000) for land misuse, a city official said on Tuesday.
Wed, 15 Nov 2000, 00:00 WIB
DLLAJ beats DPPK in Livoli
DLLAJ beats DPPK in Livoli JAKARTA (JP): Bandung-based DLLAJ club had to work hard before defeating DPPK of Jakarta in the second day of the second leg of the 2000 Samator Indonesian Volleyball League (Livoli) on Tuesday at the Senayan Basketball Hall, Central Jakarta. DLLAJ had to play all the five sets to beat DPPK, previous league runner up, by 19-25, 25-21, 25-15, 28-30, 15-13 in the men's division.
Wed, 15 Nov 2000, 00:00 WIB
RI agrees to buy power plant: Hopewell
RI agrees to buy power plant: Hopewell HONG KONG (Bloomberg): Hopewell Holdings Ltd. Chairman Gordon Wu said the Indonesian government agreed to buy an unfinished power plant for $200 million, giving it money to repay debt and invest in China. Hopewell wrote off $1.3 billion when Indonesia and Thailand canceled infrastructure projects in 1998. Now, said Chairman Gordon Wu, the Indonesian government has agreed to buy the unfinished Tanjung Jati B power plant.
Wed, 15 Nov 2000, 00:00 WIB
Ex-Bakin chief grilled over July 27 incident
Ex-Bakin chief grilled over July 27 incident JAKARTA (JP): Former chief of the State Intelligence Coordinating Board (Bakin) Moetojib denied on Tuesday that a ministerial meeting which had been held on July 1996 had planned a violent takeover of the Indonesian Democratic Party (PDI) headquarters two days later.
Wed, 15 Nov 2000, 00:00 WIB
Sultan set to help S. Korea's Hyundai
Sultan set to help S. Korea's Hyundai SEOUL (Reuters): The Sultan of Brunei has agreed to help out troubled Hyundai Engineering & Construction at the request of visiting South Korean President Kim Dae-jung, a presidential spokesman said on Tuesday. Sultan Hassanal Bolkiah, one of the world's richest men, agreed after meeting Kim on Monday to expedite the payment of $38 million the tiny sultanate on the east coast of Borneo island owes Hyundai for construction work.
Wed, 15 Nov 2000, 00:00 WIB
Analyst sees shadow over Asian economies
Analyst sees shadow over Asian economies BANDAR SERI BEGAWAN (Reuters): High oil prices, political upheaval and sliding global electronics prices will drag down Asian economic growth next year, a senior Goldman Sachs official said on Tuesday. Kenneth Courtis, vice-chairman Asia for the U.S. investment bank, said some Asian nations might have to pay a high cost for not undertaking bold economic reforms as their economies slowed down in the months ahead.
Wed, 15 Nov 2000, 00:00 WIB
Oil rises as U.S. faces winter without OPEC boost
Oil rises as U.S. faces winter without OPEC boost SINGAPORE (Reuters): Oil prices climbed in Asia on Tuesday as OPEC held production steady and the world's top consumer, the United States, faced the prospect of colder weather with thin stocks. New York Mercantile Exchange crude futures last traded at $34.65 per barrel at 0400 GMT, gaining another 18 cents after ending 45 cents up in New York trading.
Wed, 15 Nov 2000, 00:00 WIB
Piracy could weaken E. Asia's economic miracle
Piracy could weaken E. Asia's economic miracle KUALA LUMPUR (AFP): Rampant piracy in East Asian waters -- often organized by international syndicates -- could undermine the region's economic development, an expert warned on Tuesday. Inter-Asian shipping is now busier than the transatlantic route, said Hiroshi Terashima, executive director of Japan's Nippon Foundation.
Wed, 15 Nov 2000, 00:00 WIB
Workers protest low wages
Workers protest low wages MAKASSAR, South Sulawesi: Thousands of workers from various unions in South Sulawesi officially refused on Tuesday the Regional Wage Council's decision on monthly minimum wages of Rp 275,000 for new workers effective next year. Chandrayana, spokesman for the workers union Serikat Pekerja/Serikat Buruh (SPSB) told reporters here that the amount was too small, and SPSB had proposed Rp 426,000 a month.
Wed, 15 Nov 2000, 00:00 WIB
Is it difficult to nab Tommy?
Is it difficult to nab Tommy? From Mimbar Ummat It defies logic that our police and security apparatuses have found it difficult to arrest Tommy Soeharto. Searches conducted at his house and at the houses of family are ridiculous. Few bet that Tommy could be found there. These searches have shown a lack of professionalism by the authorities. Tommy is no ordinary man like Soewondo or other suspects. Tommy has had a meeting with President Abdurrahman Wahid.
Wed, 15 Nov 2000, 00:00 WIB
U.S. steelmakers file lawsuit
U.S. steelmakers file lawsuit WASHINGTON (AFX): Nine U.S. steel companies have filed trade complaints against 11 countries claiming a surge in unfairly priced imports. The complaints, filed with the Commerce Department, target imports of hot-rolled carbon steel from Argentina, China, India, Indonesia, Kazakhstan, The Netherlands, Romania, South Africa, Taiwan, Thailand and Ukraine.
Wed, 15 Nov 2000, 00:00 WIB
BEI to directly channel Japanese loans to exporters
BEI to directly channel Japanese loans to exporters JAKARTA (JP): Bank Expor Indonesia (BEI) said on Tuesday the government had amended a US$1-billion loan agreement with Japan to allow it to channel the money directly to exporters. BEI said the Ministry of Finance and the Japan Bank for International Cooperation (JBIC) signed the amendment on Monday.
Wed, 15 Nov 2000, 00:00 WIB
Stock quotations on JSX
Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 14, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 2,475 200 1,161,000 Adindo Foresta Indonesia 115 5 52,500 Alakasa Industrindo 350 0 0 Alfa Retailindo 950 0 215,000 Alter Abadi 175 -10 7,000 Alumindo Light Metal 975 0 0 Aneka Kimia Raya 275 0 0 Aneka Tambang (Persero) 1,025 0 846,000 Anwar Sierad 300 0 0 APAC Centertex Corp.
Wed, 15 Nov 2000, 00:00 WIB
Rupiah Rates Nov.14
Rupiah Rates Nov.14 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.
Wed, 15 Nov 2000, 00:00 WIB
Teti files lawsuit against House
Teti files lawsuit against House JAKARTA (JP): Teti Nursetiati, wife of suspect of the Rp 35 billion (US$3.8 million) State Logistics Agency (Bulog) scandal, Alip Agung Suwondo, filed a lawsuit against House of Representatives Speaker Akbar Tandjung and the House's special committee on Tuesday. The lawsuit was filed with the South Jakarta District Court. Teti's lawyer, Denny Azani B.
Wed, 15 Nov 2000, 00:00 WIB
NU's stance
NU's stance From Republika Allow me to comment on the statement made by the chairman of the executive board of Nahdlatul Ulama (NU), KH Hasyim Muzadi, in Surabaya that the board of NU rejected the replacement of the President without a general election. This opinion is very difficult to comprehend because pursuant to the 1945 Constitution it is possible to replace the President without holding a general election.
Wed, 15 Nov 2000, 00:00 WIB
UN envoys meet East Timorese refugees
UN envoys meet East Timorese refugees KUPANG, East Nusa Tenggara (JP): A delegation sent by the United Nations Security Council met and held talks on Tuesday with East Timorese refugees in Indonesia's province of East Nusa Tenggara. The delegation, led by Namibian Martin Andjaba, visited the Noelbeki refugee camp, about a half-hour's drive from Kupang, the capital of NTT province. The refugees welcomed the delegation and the entourage from the local administration with curious look.
Wed, 15 Nov 2000, 00:00 WIB
APTINDO calls for standard wheat flour
APTINDO calls for standard wheat flour JAKARTA (JP): The Association of Indonesian Flour Producers (APTINDO) called on the government on Tuesday to introduce an industrial standard for the production of wheat flour in the country. The association's chairman Franciscus Welirang said that the government should apply the National Industrial Standard (SNI) to local flour production in a bid to protect consumers from low quality products.
Wed, 15 Nov 2000, 00:00 WIB
In the shadows of Wayang Restaurant
In the shadows of Wayang Restaurant The Wayang Restaurant is located in the leafy, residential streets behind the Hotel Ambhara in the Blok M area of South Jakarta, at Jl. Iskandarsyah Raya I No. 9 to be precise. This part of the city is particularly well-served by fine restaurants, many of which have been visited by Epicurus in the past. However, despite it's having been open for around 1 1/2 years according to a member of the restaurants staff, Epicurus had yet to get around to paying a call.
Wed, 15 Nov 2000, 00:00 WIB
Jet crashes due to human error: Air Force chief
Jet crashes due to human error: Air Force chief JAKARTA (JP): Air Force chief Marshal Hanafie Asnan admitted on Tuesday that the spate of jet fighter crashes this year were caused by human error due to restricted flight hour training. "The budget for the 2000 fiscal year could only provide 36,060 flight-hours for every aviator per year, while the ideal is 55,000 flight-hours," Hanafie said.
Wed, 15 Nov 2000, 00:00 WIB
Police insist on pursuing Manulife investigation
Police insist on pursuing Manulife investigation JAKARTA (JP): Despite the concern of foreign investors, the police said on Tuesday they would go ahead with their investigation of an alleged sales scam involving Canadian-based insurance firm Manufacturers Life Insurance Co. (Manulife). National Police spokesman Brig. Gen. Saleh Saaf said Manulife's case was a criminal, not a civil matter.
Wed, 15 Nov 2000, 00:00 WIB
Libraries vital to help save the lost generation of children
Libraries vital to help save the lost generation of children By Hyginus Hardoyo JAKARTA (JP): Despite the possibility of losing a generation of children in Indonesia, no immediate settlement of the current multidimensional crisis is in sight. Political leaders are busy quarreling and blaming one another, not for the sake of the searching for ways to end the crisis, but only for their own interest.
Wed, 15 Nov 2000, 00:00 WIB
Kalimantan governors vow to protect investment
Kalimantan governors vow to protect investment JAKARTA (JP): In a bid to lure back prospective investors, governors of oil and mineral rich Kalimantan vowed here on Tuesday to protect business investment on the vast island. Speaking at a forum for investment promotion organized by PT Harvest International, the governors of East, West, Central and South Kalimantan agreed that investment was the backbone of the island's development.
Wed, 15 Nov 2000, 00:00 WIB
WBC yet to decide Jakarta a host
WBC yet to decide Jakarta a host JAKARTA (JP): The World Boxing Council (WBC) has yet to decide if Jakarta will host the 39th convention next year. Chairman of the Indonesian Boxing Association Chandru G. Lalwani said WBC will announce its decision in three months. "If we fail to host the convention, we will be able to stage it in 2002," said Chandru, who is also the WBC's financial executive member, on Tuesday.
Wed, 15 Nov 2000, 00:00 WIB
Acehnese formulate 7-point declaration
Acehnese formulate 7-point declaration BANDA ACEH, Aceh (JP): Some 100,000 people gathered in Banda Aceh on Tuesday to hear the reading of a seven-point declaration demanding the Indonesian government restore the sovereignty of Aceh as a free and separate nation.
Wed, 15 Nov 2000, 00:00 WIB
Mobbed to death over a debt
Mobbed to death over a debt CILACAP, Central Java: A 35-year-old man, Sarwan bin Rusno, was mobbed to death by some 500 locals at his residence in Wanareja village here on Monday night following an argument which allegedly involved an unpaid debt. An eyewitness, Suparno, 30, told police that before the fatal incident, Sarwan was involved in a quarrel with another local resident, Karso, 45. "Around 8 p.m. Monday, Sarwan gave Karso Rp 35,000 in an apparent effort to pay some of his debts.
Wed, 15 Nov 2000, 00:00 WIB
Tommy's home seized to secure his assets
Tommy's home seized to secure his assets JAKARTA (JP): South Jakarta prosecutors seized the home of Hutomo "Tommy" Mandala Putra, the youngest son of former president Soeharto, in Menteng, Central Jakarta in an effort to secure the fugitive's private assets.
Wed, 15 Nov 2000, 00:00 WIB
Judge wants President in court
Judge wants President in court JAKARTA (JP): The South Jakarta District Court wants President Abdurrahman Wahid to appear as a witness in the State Logistics Agency (Bulog) scandal. During the hearing on Tuesday, presiding Judge Lalu Mariyun refused to allow the President's affidavit to be read by prosecutor Nulis Sembiring and gave the latter a deadline to bring Gus Dur, the President's popular name, to the hearing by Nov. 28 at the latest.
Wed, 15 Nov 2000, 00:00 WIB
Peso up on Estrada news as rupiah falls
Peso up on Estrada news as rupiah falls SINGAPORE (Dow Jones): The Philippine peso strengthened modestly on Tuesday in the wake of President Joseph Estrada's impeachment, reflecting the view of investors that a change of leadership would be good for the Philippine economy. However, Estrada's removal from office is far from guaranteed and the peso will likely remain under pressure as the proceedings drag on, analysts said.
Wed, 15 Nov 2000, 00:00 WIB
Police join rights workshop
Police join rights workshop CIBOGO, West Java (JP): All deputy police chiefs from precincts in seven strife-torn provinces are taking part in a two-week human rights workshop here, which started on Tuesday. The 38 officers, who are assistant superintendents, are joining 38 representatives of campus-based human rights groups in the program funded by the United Nations High Commissioner for Refugees (UNHCR) and organized by the Ministry of Justice and Human Rights.
Wed, 15 Nov 2000, 00:00 WIB
Indonesia's debt burden: A case for forgiveness
Indonesia's debt burden: A case for forgiveness By Sidhesh Kaul JAKARTA (JP): With each passing day, Indonesia's debt burden seems to get heavier and with the murky political environment acting as a retardant to progress, there seems to be no end in sight to this misery. At last count Indonesia's total external debt stands at US$144 billion while the government's domestic debt stands at about $75 billion.
Wed, 15 Nov 2000, 00:00 WIB
Bina Nusantara not that bad
Bina Nusantara not that bad I refer to the letter titled Bina Nusantara must introspect by Prof. Tim Babcock published on Nov. 13, 2000. I was awarded my bachelor's degree from Bina Nusantara University in 1997 but I am not a student of Bina Nusantara's Graduate Program and therefore have no idea of what is happening now. During my studies there, I found Bina Nusantara quite professional. The lecturers, the curriculum, the computerized administration were all of professional standard.
Wed, 15 Nov 2000, 00:00 WIB
Where to go in Surabaya
Where to go in Surabaya Exhibition * Ceramics Exhibition by students of Sekolah Tinggi Kesenian Wilwatikta, at CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5678639), until Nov. 18. Music and Entertainment * The Westin Surabaya, Jl. Embong Malang 85-89 (Phone: 031 5458888): - Java Jimmy's Irish Pub: Live music, Sunday to Thursday, 6 p.m. to 2 a.m., Friday to Saturday, 6 p.m. to 3 a.m. * Hyatt Regency Surabaya, Jl. Jend.
Wed, 15 Nov 2000, 00:00 WIB
Super Indo quality
Super Indo quality The Delhaize Group, a world-class food retail chain established on Aug. 1, 1997, is operating in Indonesia under the Super Indo, which has 11 stores throughout Jakarta, Bandung and Surabaya. The name Super Indo is appropriate, given the chain's goal of being a community/neighborhood-based store. Super Indo opened here during the economic crisis, and is a competitor in the fierce competition between retailers, both local and foreign.
Wed, 15 Nov 2000, 00:00 WIB
Bank Indonesia to be recapitalized
Bank Indonesia to be recapitalized JAKARTA (JP): The government will recapitalize Bank Indonesia to prevent it from going bankrupt as a result of having to bear part of the cost of the emergency liquidity support it extended from 1997 to 1999, legislators said on Tuesday. Hamka Yandhu of House of Representatives Commission IX for the state budget and banking said recapitalization was the only alternative to prevent Bank Indonesia from going bankrupt and being liquidated.
Wed, 15 Nov 2000, 00:00 WIB
Village objects to homeless camp
Village objects to homeless camp BOGOR (JP): Hundreds of homeless people have taken up residence in Kampung Tegal Lega in Ciheuleut Bawah village ahead of the festive season in December, prompting residents' complaints as some have allegedly committed criminal offenses in the area. "People of Ciheuleut have complained that some of the indigents have stolen laundry, cook stoves, even electronic stuff," Opik Hidayat, 26, chief of the community, said.
Wed, 15 Nov 2000, 00:00 WIB
Govt seeks fare hike for Idul Fitri buses
Govt seeks fare hike for Idul Fitri buses JAKARTA (JP): The government will propose a 35 percent increase in intercity bus fares for one week both before and after the Idul Fitri holiday to anticipate the traditional exodus from major urban centers. The proposal is due to be submitted to the House of Representatives this week. "We will submit the (proposed) fare increase this week.
Wed, 15 Nov 2000, 00:00 WIB
Silat still recognized as an Asian sport
Silat still recognized as an Asian sport JAKARTA (JP): Indonesia's desire to see its traditional martial arts, pencak silat, featured in the Asian Games (Asiad) received encouragement from Indonesian Pencak Silat Association (IPSI) official in charge of foreign affairs Oyong Karmayudha on Tuesday. Despite the bad news conveyed Monday by IPSI chairman Eddy Nalapraya that Asiad would replace pencak silat with snooker and squash, Oyong denied the news.
Wed, 15 Nov 2000, 00:00 WIB
Jakarta to buy new buses from Texmaco
Jakarta to buy new buses from Texmaco JAKARTA (JP): The city administration will purchase buses produced by problem-plagued company PT Texmaco upon request of the central government, Governor Sutiyoso disclosed on Tuesday. Speaking to the media on the sidelines of a hearing with the House of Representatives Commission II for legal and national political affairs, the governor said the request came despite his doubts about the quality of the buses.
Wed, 15 Nov 2000, 00:00 WIB
Papua council leaders to go on trial soon
Papua council leaders to go on trial soon JAKARTA (JP): Papua Presidium Council (PDP) chief Theys Hiyo Eluay and six other PDP leaders will soon be tried for alleged separatist activities, Irian Jaya Police chief Brig. Gen. Sylvanus Yulian Wenas said on Tuesday. "We will continue the legal process against these people. Theys' dossier has been submitted to the district court.
Wed, 15 Nov 2000, 00:00 WIB
Telkom's bid to merge with Indosat opposed
Telkom's bid to merge with Indosat opposed JAKARTA (JP): Minister of Transportation and Telecommunications Agum Gumelar said on Tuesday that the government opposed a proposal to merge state-owned telecommunications companies PT Telkom and PT Indosat. "It would be against the telecommunications law and the country's reform policies in the telecommunications sector," he said at a hearing with the House of Representative's Commission IV on infrastructure and transport on Tuesday.