Indonesian Political, Business & Finance News

Archive: 2 November 2000

63 articles found

Tommy's defense team pledges to resist summons

Tommy's defense team pledges to resist summons JAKARTA (JP): The defense team of businessman Hutomo Mandala Putra, alias Tommy, said on Wednesday that their client would not appear at the South Jakarta Prosecutor's Office to fulfill the summons for an execution of a Supreme Court ruling on Thursday.

Trade surplus widens as export growth continues

Trade surplus widens as export growth continues JAKARTA (JP): The country's trade surplus widened to US$2.70 billion in September from $2.5 billion in August as exports recorded a consistent growth while imports remained low, at below 2 percent during the month, the Bureau of Central Statistics...

Man tries to kill wife, children

Man tries to kill wife, children TANGERANG (JP): A man tried to kill his wife and infant children in the village of Warnakerta, Pasar Kemis district on Tuesday for unclear reasons.Hasanudin, known as a respected teacher of Koranic verse recital, stabbed his wife Emuy, and his two children Asep (4)...

House delays questioning of Suwondo's wife

House delays questioning of Suwondo's wife JAKARTA (JP): The special committee from the House of Representatives investigating the Bulog financial scandal canceled on Wednesday the planned questioning of Teti Nursetiati, the wife of the main suspect in the scandal, Suwondo.

Indosat books Rp1.3 billion net profit in 3rd quarter

Indosat books Rp1.3 billion net profit in 3rd quarter JAKARTA (JP): State owned and publicly listed long distance call operator PT Indosat announced on Wednesday consolidated unaudited net profit of Rp 1.35 trillion (about US$151.

'Lontar' texts clue to old Balinese life

'Lontar' texts clue to old Balinese life SINGARAJA, North Bali (JP): If your child suffers from chicken pox, you may not need to take him or her to a doctor -- as long as you can master the ancient Balinese manuscript titled Usada Kecacar.

Toyota eyes F1 race after buying Japanese circuit

Toyota eyes F1 race after buying Japanese circuit TOKYO (AFP): Toyota Motor Corp. said Wednesday it was buying one of Japan's largest racing circuits in a bid to break rival Honda Motor Co. Ltd.'s grip on Formula One in Japan.

INRO to halt stock sales

INRO to halt stock sales SINGAPORE (Dow Jones): In addition to suspending sales of rubber stored in Europe, the International Natural Rubber Organization will halt sales of rubber Nov. 6-10 in the U.S., INRO Chief Executive Arch Roberts told Dow Jones Newswires Wednesday.

Street vendors occupy City Hall

Street vendors occupy City Hall BUKITTINGGI, West Sumatra: Hundreds of street vendors occupied the Bukittinggi City Hall on Wednesday in protest against the demolition of their kiosks.Eri Pangeran, spokesman for the vendors, said they were upset after security and order officials launched a cleanup...

RI needs firmer legislation

RI needs firmer legislation During a lunch break in a recent conference in Singapore, I was among some people talking about China and how it had managed to fight corruption over the past two years, by bringing three big shots to court and handing out death sentences to them.

Five suspects in RSCM morgue mayhem

Five suspects in RSCM morgue mayhem JAKARTA (JP): Police announced on Wednesday that they were investigating five suspects who were believed to have been involved in the mayhem which occurred in the morgue of Central Jakarta's Cipto Mangunkusumo General Hospital on Monday.

Badminton body moves to attract more sponsors and TV coverage

Badminton body moves to attract more sponsors and TV coverage JAKARTA (JP): The Asian Badminton Confederation (ABC) has taken steps to attract more sponsors and television coverage for the sport by applying the new scoring system of three out of five games with seven points in each game.

Where to go in Bali:

Where to go in Bali: Exhibitions * Painting Exhibition The Body Fantasy by I Gusti Ayu Kadek Murniasih, Lingkar Becik Gallery, Jl. Raya Celuk, in Celuk village, Sukawati, Gianyar (Phone: 0361 295411), Monday to Friday, 10 a.m. to 8 p.m., Saturday, Sunday, 10 a.m. to 2 p.m., until Nov. 5.

Woods to get honorary doctorate from Thai university

Woods to get honorary doctorate from Thai university BANGKOK (AP): A Thai university will give Tiger Woods a honorary doctorate of philosophy in sports science to honor his talents and excellence in golf, a university representative said Wednesday.

Hero Supermarket employees rally demanding more pay

Hero Supermarket employees rally demanding more pay JAKARTA (JP): Some 2,000 employees of Hero Supermarket rallied on Wednesday in front of the company's headquarters on Jl. Gatot Subroto, South Jakarta, demanding more pay.

Reform? Who is it for?

Reform? Who is it for? To the political elite in this country, the lot of millions of Indonesian children is obviously not as important as the political fate of President Abdurrahman Wahid, the deteriorating relations between Indonesia and the United States or the question of whether or not Hutomo...

Mahaka Satria Muda set to defend league title

Mahaka Satria Muda set to defend league title JAKARTA (JP): Defending champion Mahaka Satria Muda of Jakarta aims to defend its title in the 2000 Nuvo Kobatama national basketball league final four.Mahaka's team captain, Amran A.

On replacement of the President

On replacement of the PresidentFrom Suara KaryaThe statement of the Nahdlatul Ulama (NU) chairman in Surabaya rejecting the presidential replacement without a general election was hard to understand as the 1945 Constitution enables a replacement without an election, such as in the 1967 Special...

Nightspots should respect Muslims during Ramadhan

Nightspots should respect Muslims during Ramadhan JAKARTA (JP): Muslim leaders responded positively on Wednesday to Governor Sutiyoso's decision to observe the city bylaw which allows nightspots to remain open during Ramadhan.

Malaysia palm oil ends off highs

Malaysia palm oil ends off highs KUALA LUMPUR (Reuters): Malaysian palm oil futures closed with pared gains on Wednesday as players turned cautious after rises earlier in the day and on Tuesday.Traders said market talk that exports were likely to slow down this month capped the upside.

Indonesia at danger from global climate changes

Indonesia at danger from global climate changes JAKARTA (JP): Experts warned on Wednesday of the global climate changes that have caused irregular climatic patterns and rising sea levels."The topic is very relevant and we must be wary of these changes as signs of freak weather have been evident...

Two arrested for thefts

Two arrested for thefts DENPASAR, Bali: Bali police have arrested two men for stealing motorcycles and seized six stolen motorcycles from them.The head of the Criminal Investigation Unit, Sr. Insp. Wawan Ridwan, told reporters on Tuesday that the two suspects, both of whom hail from Banyuwangi,...

BII responds

BII responds In response to a customer's complaint published in The Jakarta Post, Oct. 7, 2000 titled Tough question for BII we would like clarify as follows: Based on our analysis and evidence tracing of the transaction on the Journal Audit from BII's ATM Center, about Rp 3 million was withdrawn...

New airlines may lose licenses in 12 months if...

New airlines may lose licenses in 12 months if... JAKARTA (JP): New airline companies will lose their licenses if they do not operate within 12 months after the issuance of their permits, a senior aviation official said on Wednesday.

Soldiers to be tried for JSX bombing

Soldiers to be tried for JSX bombing JAKARTA (JP): A joint police-military team has completed its investigation of two soldiers allegedly involved in the September bomb blast at the Jakarta Stock Exchange (JSX) building, a military police officer said on Wednesday.

Bali struggles to curb thriving drug trade

Bali struggles to curb thriving drug tradeBy I Wayan Juniarta DENPASAR, Bali (JP): Sitting in his small office at Bali Police Headquarters, chief of the narcotic detectives division Supt. Wayan Suwena unbuttoned the top of his uniform.

Indonesian chess players draw against Latvia

Indonesian chess players draw against Latvia JAKARTA (JP): The Indonesian men scored a 2-2 draw with Latvia while the women drew 1.5-1.5 with Finland at the 34th Chess Olympics in Istanbul on Tuesday.For the men's side, the result was a repeat of Wednesday's tie with Mexico.

Yogyakarta street children to get aid

Yogyakarta street children to get aid JAKARTA (JP): At least 500 girls living on the streets of Yogyakarta will soon receive a total of US$1 million in assistance from the Japan Fund for Poverty Reduction of the Asian Development Bank (ADB).

KUALA LUMPUR (Agencies): Piracy, the age-old scourge of the

KUALA LUMPUR (Agencies): Piracy, the age-old scourge of the high seas, is resurfacing with a vengeance around the world but the most dangerous stretch of water is the Strait of Malacca between Malaysia and the Indonesian island of Sumatra, according to a report released on Wednesday.

Workers' protest ends in violence

Workers' protest ends in violence SURABAYA: A protest by 150 workers of PT Mepoli Industry Top, a plastic business located in Tandes, West Surabaya, degenerated into a riot on Wednesday after unidentified people armed with sickles attacked the protesting workers.

Will RP witness People Power II?

Will RP witness People Power II?By Malou Mangahas MANILA (Reuters): A campaign to drive Philippine President Joseph Estrada out of office is reminiscent of the movement which ended Ferdinand Marcos' dictatorship but is still far from the intensity of the 1986 revolution.

Rupiah up late on dollar profit-taking, stop-losses

Rupiah up late on dollar profit-taking, stop-losses JAKARTA (Dow Jones): The Indonesian rupiah rose 2 percent late Wednesday, as it extended Tuesday's technical rebound amid easing political tensions in Jakarta, dealers said.

TNI identifies peacekeeper's suspected killer

TNI identifies peacekeeper's suspected killer JAKARTA (JP): The Indonesian Military (TNI) is searching for Jacobus Bere, who is suspected of killing a New Zealand member of the United Nations peacekeeping force in East Timor in July, an officer said on Wednesday.

House wants expats to join social security programs

House wants expats to join social security programs JAKARTA (JP): The House of Representatives Commission VII for labor and social affairs urged the government on Wednesday to revoke two controversial ministerial decrees that exempt expatriates and Indonesian overseas workers from joining social...

Quiet diplomacy best for RI-U.S. relations

Quiet diplomacy best for RI-U.S. relations SINGAPORE: A string of disparate events is creating an unwelcome new source of uncertainty in Indonesia, to add to the outer provinces' sectarian and secessionist troubles.

Susilo says government serious in Maluku

Susilo says government serious in Maluku AMBON, Maluku (JP): Coordinating Minister for Political, Social and Security Affairs Susilo Bambang Yudhoyono dismissed on Tuesday the allegations that the government had not been serious in handling the sectarian violence in the Maluku and North Maluku...

Asia has the best and worst economic freedoms: Report

Asia has the best and worst economic freedoms: Report HONG KONG (AFP): Asia counts four of the world's top 10 freest economies, but the "schizophrenic" region also has six of the most repressed, according to a report released here Wednesday.

Militias leave E. Timor, lose support of Army: UN

Militias leave E. Timor, lose support of Army: UN DILI (AP): After arming and organizing the murderous militias that devastated East Timor last year, the Indonesian army appears to have cut its support for the gangs, a top UN peacekeeper said on Wednesday.Australian Brig.

MOU on civil, administrative disputes settlement signed

MOU on civil, administrative disputes settlement signed JAKARTA (JP): The Jakarta Prosecutor's Office signed a Memorandum of Understanding (MOU) with nine city-owned companies (BUMD) on Wednesday aimed at easing the settlement of civil and state administrative disputes.

Rupiah Rates Nov. 1

Rupiah Rates Nov. 1 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,765.00 9,765.00 9,219.00 9,311.00Australian dollar 1 4,570.07 5,096.35 4,806.79 4,859.41Austrian schilling 1 539.71 602.00 567.67 574.01Belgian franc 1 184.10 205.35 193.64 195.

France Telecom sees no reason to quit Indonesia

France Telecom sees no reason to quit Indonesia JAKARTA (JP): France Telecom, a major shareholder of PT Pramindo Ikat Nusantara, would like to continue its cooperation with PT Telkom despite some "differences" with the state-owned telecommunications operator, the company's chairman said on...

President calls on the public to remain calm

President calls on the public to remain calm JAKARTA (JP): President Abdurrahman Wahid, who is facing growing pressure from his critics to step down, called on the public on Wednesday to remain calm and not to react emotionally to the country's political bickering.

Four Indonesians survive SIA plane crash

Four Indonesians survive SIA plane crash JAKARTA (JP): Four of the five Indonesians aboard the Singapore Airlines (SIA) Boeing 747 jetliner that crashed at Taiwan's Chiang Kai-shek International Airport on Tuesday survived the accident, an official said on Wednesday.

Minister warns of negative effects of decentralization

Minister warns of negative effects of decentralization JAKARTA (JP): Minister of Home Affairs and Regional Autonomy Surjadi Soedirdja warned on Wednesday over the growing misperception of regional autonomy and the potential for the decentralization of corruption as an unwanted effect of regional...

Maid rift: Members must follow club rules

Maid rift: Members must follow club rulesBy Bob Ng SINGAPORE: The controversy over whether maids should be allowed into private clubs, now into its fourth month, rages on.And what, to most sensible people, seems a pretty straightforward issue has developed political, social and racial overtones...

RP central bank chief warns of recession

RP central bank chief warns of recession MANILA (DPA): The Philippine economy may plunge into a recession next year if a bribery scandal engulfing President Joseph Estrada drags on, Central Bank Governor Rafael Buenaventura warned on Wednesday.

More to be grilled over July 27, 1996 incident

More to be grilled over July 27, 1996 incident JAKARTA (JP): National Police spokesman Sr. Supt. Timbul Sianturi said on Wednesday that the police would soon question more former top government and civilian figures over the July 27, 1996 incident.

Ong Ewe Hock out of Asian Badminton C'ships

Ong Ewe Hock out of Asian Badminton C'ships JAKARTA (JP): Ong Ewe Hock of Malaysia suffered the biggest upset so far at the US$150,000 JVC Asian Badminton Championships at Senayan Indoor Stadium on Wednesday, bowing out to China's Chen Yu in the second round.

DoCoMo has $4.5b fund for U.S., Asian investments

DoCoMo has $4.5b fund for U.S., Asian investments TOKYO (AFP): Japanese mobile phone giant NTT DoCoMo has built up a war chest of 500 billion yen (US$4.5 billion) to invest in American and Asian telecommunication operators, a senior DoCoMo executive suggested to AFP Wednesday.

Two killed as building collapses

Two killed as building collapses MEDAN: A three-story building which formerly housed the South East Asia Bank here, collapsed on Tuesday, killing two construction workers and injuring dozens of others.As of Wednesday, the bodies of the two workers, identified as Nazib and Slamet, had not been...

Police find container theft suspects already in jail

Police find container theft suspects already in jail JAKARTA (JP): Police discovered that the party behind the theft of four containers full of fabric from a Tanjung Priok port terminal in North Jakarta were already in jail, City Police spokesman Supt. Muhammad Nur Usman said on Wednesday.

Gedong Kirtya, a home to precious Balinese manuscripts

Gedong Kirtya, a home to precious Balinese manuscriptsBy Rita A. Widiadana SINGARAJA, North Bali (JP): To many foreign and domestic tourists visiting the northern part of Bali, the modest and dusty Gedong Kirtya library on Jl.

City Park Agency embarks on a regreening project

City Park Agency embarks on a regreening project JAKARTA (JP): The City Park Agency will launch a major regreening project next year, focusing primarily on 17 "slum" areas in the city.The project will attempt to establish parks in these locations where sufficient space is available or to plant more...

PPD afflicting more children, say doctors

PPD afflicting more children, say doctors JAKARTA (JP): Doctors are calling for a greater awareness of Pervasive Development Disorder (PDD) such as autism, as statistics show a dramatic increase every year in the number of children in this country suffering from the ailment.

Jakarta-Merak toll road

Jakarta-Merak toll roadFrom Media IndonesiaWhen we went for holiday to Anyer on Oct. 25, we were shocked by the Jakarta-Merak toll road condition. It seems the said toll road can more appropriately be called "village road" as it has no supervisor who is responsible for it.

167 legislators register for Kwik's meeting

167 legislators register for Kwik's meeting JAKARTA (JP): At least 167 members of the House of Representatives (DPR) have registered to attend a meeting organized by former Coordinating Minister for Economy, Finance and Industry Kwik Kian Gie, slated for next week.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 1, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,800 100 666,500 Adindo Foresta Indonesia 120 10 89,000 Alakasa Industrindo 435 0 0 Alfa Retailindo...

Missing teenager found dead

Missing teenager found dead BOGOR (JP): A 16-year-old resident of Kedaung village, Depok, was found dead in a gutter near his home on Wednesday after having been missing for two days.Apit, an ojek (motorcycle taxi) driver, was found dead with severe head wounds by local resident Udin.

Abdullah may strengthen grip under rule changes

Abdullah may strengthen grip under rule changes KUALA LUMPUR (AFP): Malaysia's Deputy Premier Abdullah Ahmad Badawi has improved his chances of becoming the next prime minister after ruling party leaders endorsed proposals to delay internal elections, politicians and analysts said Tuesday.

16 soccer schools to join tournament

16 soccer schools to join tournament JAKARTA (JP): Sixteen soccer schools in Greater Jakarta will take part in the under-13 Aspirin Cup soccer tournament from Nov. 4 to Nov. 12.The tournament, which offers a total of Rp 3.

Government, BI form joint team to end dispute over loan

Government, BI form joint team to end dispute over loan JAKARTA (JP): Coordinating Minister for Economic Affairs Rizal Ramli said on Wednesday that the government and Bank Indonesia had formed a joint team to verify the disputed amount of the bank liquidity support facility.

No end to floods as rain continues

No end to floods as rain continues Several districts in Cilacap regency remained flooded on Wednesday as a relentless rain pounded the area for the fifth straight day, with only short breaks in the clouds.

Criticism of U.S. Ambassador continues

Criticism of U.S. Ambassador continues JAKARTA (JP): The furor over United States Ambassador Robert Gelbard persisted on Wednesday as Defense Minister Mahfud MD again criticized the envoy while legislators said they would demand that President Abdurrahman Wahid call on the U.S.