Indonesian Political, Business & Finance News

Archive: 22 November 2000

56 articles found

Indonesian players dominate Junior Tennis c'ships

Indonesian players dominate Junior Tennis c'ships JAKARTA (JP): Indonesia sent 11 boys and 11 girls to the top 16 of the under-18 2000 Nabisco International Tennis Junior Championships in the Senayan Tennis Complex on Tuesday.

Asian monies mixed in late trade

Asian monies mixed in late trade SINGAPORE (Dow Jones): Asian currencies were mixed late Tuesday, with the South Korean won slumping to a one-year low under domestic and international pressures, although the threat of government action to stabilize the currency kept a rein on its decline, dealers...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 21, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 2,650 125 756,500 Adindo Foresta Indonesia 110 5 593,500 Alakasa Industrindo 275 -75 5,000 Alfa...

Tension escalates in Ambon

Tension escalates in Ambon AMBON, Maluku (JP): Tension has been escalating in the strife- torn Maluku capital of Ambon following a series of incidents and an accident that has left nine people dead and several injured in the past few days.

Residents cannot live in landslide-hit areas: Official

Residents cannot live in landslide-hit areas: Official BANDUNG (JP): The landslide hit areas in the regency of Purworejo, Central Java are geologically uninhabitable, thus relocation of the residents are imperative, an official at the directorate of environmental geology said.

Posyandu revival campaign starts

Posyandu revival campaign starts CIANJUR, West Java: The Ministry of Health and Social Welfare opened a Posyandu (integrated community health post) here on Tuesday to mark a nationwide revival campaign for the neighborhood-based health centers in support of the Healthy Indonesia 2010 program.

Factory building demolished

Factory building demolished TANGERANG (JP): Strong opposition from the residents of Batuceper subdistrict here colored Tuesday's demolition of a factory building and the clearing of the 4.5 hectares of disputed land where the structure stood.

Phone firms rush to mend undersea cable

Phone firms rush to mend undersea cable SINGAPORE (Reuters): Telephone companies from Singapore and Indonesia scrambled on Tuesday to repair a break in an undersea telecommunications cable that led to major Internet traffic jams for millions of users across the globe.

Production capacities may hit 90% next year

Production capacities may hit 90% next year JAKARTA (JP): The country's manufacturing sector has shown promising signs of recovery lately with a significant increase in the level of production being recorded.

VP to open seminar on police

VP to open seminar on police SEMARANG: Vice President Megawati Soekarnoputri is scheduled to open a national seminar on police at the Diponegoro University campus here on Wednesday.Chairman of the organizing committee Budi Wisaksono said on Tuesday that former Philippine president Fidel Ramos would...

Government hesitates on plan to ban leaded fuel

Government hesitates on plan to ban leaded fuel JAKARTA (JP): Despite growing concern that the country should ban leaded fuel, the government insisted on Tuesday that the move was unlikely in the near future as there were more pressing demands on its limited resources.

FPI members raid billiard parlor in Kebayoran Baru

FPI members raid billiard parlor in Kebayoran Baru JAKARTA (JP): Armed with daggers, sickles, swords, and sticks, some 150 members of the Islamic Defenders Front (FPI) attacked and vandalized a billiard center in South Jakarta late Monday night, leaving 25 tables, 100 pool cues, a refrigerator and...

President's flu worsened by heavy schedule: Wimar

President's flu worsened by heavy schedule: Wimar JAKARTA (JP): President Abdurrahman Wahid was treated for influenza on Tuesday and his spokesman said that the President's heavy schedule has made his symptoms worse."Actually the signs (of flu) were evident even before he left for Qatar on Nov.

PGSI mulls host city for wrestling final

PGSI mulls host city for wrestling final JAKARTA (JP): The Indonesian Wrestling Association (PGSI) is still studying candidate cities to host the ASEAN wrestling championships in July 2001."PGSI has three alternative hosts, namely Denpasar, Jakarta or Semarang.

Seribu Islands needs clear regulations and authority

Seribu Islands needs clear regulations and authority JAKARTA (JP): A marine expert and a businessman said on Tuesday that the city administration's plan to elevate the status of Seribu Islands from a district to a regency next year would not enhance the people's welfare unless there are clear...

Ministry, PGRI draft bill on teachers' rights, obligations

Ministry, PGRI draft bill on teachers' rights, obligations JAKARTA (JP): The Ministry of National Education along with the Indonesian Teachers Union (PGRI) and related parties are drafting a bill on teachers' protection, rights and obligations especially for those serving their duties in disputed...

House approves new province of Bangka-Belitung islands

House approves new province of Bangka-Belitung islands JAKARTA (JP): Less than two months after Banten province was formed, the House of Representatives passed on Tuesday a bill giving Bangka-Belitung islands off South Sumatra new status as a province.

Tricky job being a spokesman

Tricky job being a spokesman One has to admit that the job of presidential spokesman is an honorable one. And suddenly President Abdurrahman Wahid has four spokesmen, each with his own speciality, led by former television talk show presenter Wimar Witoelar.

First futures bourse gets permit to start operation

First futures bourse gets permit to start operation JAKARTA (JP): After months of delays, the government said on Tuesday that it had decided to issue the operating permit for the Jakarta Futures Exchange (JFX), the country's first futures trading bourse.

Blue Bird demands fare hike to cover its debt: Councillor

Blue Bird demands fare hike to cover its debt: Councillor JAKARTA (JP): A city councillor hinted on Tuesday that the capital's leading taxi firm, the Blue Bird group, had demanded the current fare hike simply to cover its debt to the Indonesian Bank Restructuring Agency (IBRA) of over 3,000 Timor...

Rizal says BI board of governors still active

Rizal says BI board of governors still active JAKARTA (JP): Coordinating Minister for the Economy Rizal Ramli reiterated Tuesday that members of Bank Indonesia's board of governors who tendered their resignation last week would remain in office until successors had been appointed.

Standardized Indonesian

Standardized Indonesian Calls from various members of the public for better (grammatical) use of the Indonesian language have one thing in common, that is the importance of using the standard variety of Indonesian, especially for public figures.

Bhakti acquires Salim Oleochemicals for $131m

Bhakti acquires Salim Oleochemicals for $131m JAKARTA (JP): PT Holdiko Perkasa has sold its stake in the Salim Oleochemicals Group to a local consortium led by PT Bhakti Investama Group for about US$131 million, the Indonesian Bank Restructuring Agency (IBRA) announced here on Tuesday.

India duty hits Malaysia palm oil

India duty hits Malaysia palm oil KUALA LUMPUR (Reuters): Malaysia's palm oil futures closed lower on Tuesday on news that India, one of Malaysia's main buyers, had increased the basic duty on edible oils to check a flood of cheap imports.

Law expert urges for clear status on Aceh

Law expert urges for clear status on Aceh SEMARANG, Central Java (JP): In an effort to end violence in Aceh, the government should give the strife-torn province an appropriate status, an international law expert said on Monday.

Thailand to propose ASEAN Customs Union

Thailand to propose ASEAN Customs Union BANGKOK (DPA): Thailand will propose the establishment of an ASEAN Customs Union at the upcoming summit of Southeast Asian leaders being hosted by Singapore later this week, Thailand's deputy prime minister said on Tuesday.

ASEAN militaries agree to team up for disasters

ASEAN militaries agree to team up for disasters HUA HIN, Thailand (AFP): Southeast Asian army commanders pledged at their first ever meeting Tuesday to devise ways their forces could join together to handle humanitarian disasters in the region.

Vietnam-Cambodia border dispute

Vietnam-Cambodia border dispute PHNOM PENH (AP): A Cambodian student group urged Vietnam on Tuesday to help reduce the number of Vietnamese illegal immigrants.A letter from the Democratic Front of Khmer Students and Intellectuals also drew attention to unresolved border disputes and called, without...

UN returns 410 refugees in 1st major repatriation

UN returns 410 refugees in 1st major repatriation JAKARTA (Agencies): The International Organization for Migration (IOM) on Tuesday helped ship 410 East Timorese home from West Timor in the first major repatriation it has carried out since three United Nations workers were killed in Atambua early...

Challenges to future Indonesia-U.S. ties

Challenges to future Indonesia-U.S. tiesBy Jusuf Wanandi JAKARTA (JP): The relations between the United States and Indonesia have been going through a rough ride over the last six months or so. This has been partly due to some bilateral problems and sometimes to misunderstandings, including those...

The Lollipop fun wine is here again

The Lollipop fun wine is here againBy Grace Segran JAKARTA (JP): The celebration of the arrival of Beaujolais Nouveau is a yearly affair, marking the first wine of the season. Beaujolais Nouveau has become fashionable and people all over the world enjoy the hoopla associated with being among the...

Developer 'financed' councillors' trips

Developer 'financed' councillors' trips JAKARTA (JP): An official from PT Pembangunan Jaya Ancol admitted the company had spent some Rp 4 billion (US$425,500) to finance overseas trips of councillors last month, a report said on Tuesday.

Businesspeople support plan on gambling resort

Businesspeople support plan on gambling resort JAKARTA (JP): Businessmen and residents of the Seribu Islands are very hopeful that the Jakarta Administration can realize its plan to establish a gambling resort on one of the islands as the venture could provide annual revenues of some Rp 4 trillion,...

China looking to boost ASEAN links at summit

China looking to boost ASEAN links at summit BEIJING (Agencies): Chinese Premier Zhu Rongji hopes to boost ties with Southeast Asia at a regional summit this week that is also to include a three-way meeting with counterparts from South Korea and Japan, the Foreign Ministry said on Tuesday.

Four crime-prone areas to be targeted

Four crime-prone areas to be targeted JAKARTA (JP): Among a number of major areas of concern which have emerged in the last six months, there are at least four areas of criminality to which the police have yet to give proper attention.

Asia to be HP star performer

Asia to be HP star performer SINGAPORE (Reuters): Hewlett-Packard Co, which stunned Wall Street last week by missing its profit targets, said on Tuesday it expects the Asia-Pacific region to account for at least 20 percent of its global sales within three years.

More dead in Medan blast

More dead in Medan blast MEDAN, North Sumatra: The death toll from the Nov. 12 bomb blast rose to two on Tuesday after one of the four injured, Imeldawati Boru Sipayung, died as a result of her severe wounds at the Herna Hospital here.

Justice for Soeharto and Guterres

Justice for Soeharto and Guterres The need for a respectable judiciary was highlighted yet again during the recent visit of a UN Security Council delegation to the National Commission on Human Rights, of which Charles Himawan is a member.

Rupiah Rates Nov. 21

Rupiah Rates Nov. 21 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,955.00 9,955.00 9,408.00 9,502.00Australian dollar 1 4,598.39 5,116.87 4,831.01 4,884.03Austrian schilling 1 553.56 615.88 581.56 587.85Belgian franc 1 188.82 210.08 198.38 200.

Canada opposes RI handling of share row

Canada opposes RI handling of share row JAKARTA (Reuters): Canada on Tuesday launched an angry public attack on Indonesia's handling of a share purchase row involving Toronto-based Manulife Financial Corp.

East Timorese refugees attack Ambassador John McCarthy

East Timorese refugees attack Ambassador John McCarthy MAKASSAR, South Sulawesi (JP): An entourage including Australian Ambassador John McCarthy was attacked by a group of East Timorese here on Tuesday during an inauguration ceremony of a new Australian insurance company building.

Labor unions call for minimum wages to meet human needs

Labor unions call for minimum wages to meet human needs JAKARTA (JP): Labor unions on Tuesday called on the government to phase out the monthly minimum wage (UMR) and instead adopt a new remuneration system based on minimum human needs so as to improve the welfare of workers.

Gus Dur orders tapping of Tommy's phone

Gus Dur orders tapping of Tommy's phone JAKARTA (JP): President Abdurrahman Wahid has ordered authorities to tap the cellular phone of former president Soeharto's fugitive son Hutomo "Tommy" Mandala Putra, a Cabinet member said Tuesday.

Legislator recalled for illegal trips

Legislator recalled for illegal trips SURABAYA: The Military faction has recalled one of its members from the East Java provincial legislative for joining 'illegal' trips abroad.According to the official letter sent by the Brawijaya Military chief Maj. Gen.

PRSI to rely on veteran swimmers in 2001 SEA Games

PRSI to rely on veteran swimmers in 2001 SEA Games JAKARTA (JP): Despite calls from the National Sports Council (KONI) to field younger athletes in the 2001 Southeast Asian (SEA) Games in Kuala Lumpur, the Indonesian Swimming Federation (PRSI) plans to send its veteran swimmers.

Falling timber supplies ahead: Minister

Falling timber supplies ahead: Minister JAKARTA (JP): The Minister of Forestry Nurmahmudi Ismail warned the lumber industry on Tuesday that supplies of timber would decline over the coming years in line with the country's shrinking forests.

Foreign investment approvals surge from January to October

Foreign investment approvals surge from January to October JAKARTA (JP): The value of foreign investment approvals during the period between January and October of this year reached a total of US$14.6 billion, according to the Investment Coordinating Board (BKPM).

Where to go in Surabaya:

Where to go in Surabaya: Contest * Card Design Contest for Kids at CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5678639), Dec. 3.Workshops* Education Workshop for Senior High School Teachers at UBAYA, with Singgih Widodo and Sheila Town.

Sutiyoso named suspect in July 27 incident

Sutiyoso named suspect in July 27 incident JAKARTA (JP): Governor Sutiyoso has been named suspect in the 1996 forcible takeover of the Indonesian Democratic Party (PDI) head office, giving a boost to the reform movement which was largely responsible for the country's first really democratic...

The newly-formed dual function of the national police

The newly-formed dual function of the national policeBy Adnan Pandupraja JAKARTA (JP): Despite the lingering public distaste for the term "dual function" of the military, the concept is still incorporated in the Law on Soldiers of the Indonesian Military (TNI) and there is yet to be any sign that...

PDI-P rejects all seven chief justice candidates

PDI-P rejects all seven chief justice candidates JAKARTA (JP): The Indonesian Democratic Party of Struggle (PDI Perjuangan) has turned down all seven chief justice candidates proposed by the House of Representatives, saying they fail to live up to people's expectations.

Firm to set up car security network

Firm to set up car security network JAKARTA (JP): Chinese electronics company Yonghua Electronic System Shenzhen signed an agreement on Tuesday with PT China Insurance Indonesia, part of Argo Manunggal Group, to set up and operate an automobile security system in Greater Jakarta.

Plan of Action for Elderly launched

Plan of Action for Elderly launched JAKARTA (JP): The National Plan of Action for the Elderly was launched here on Tuesday with the aim of improving the welfare of the older population of Indonesia, the total of which in five decades is expected to be almost equal to those under 24-years- old.

Bank Mandiri extends sponsorship of PSSI

Bank Mandiri extends sponsorship of PSSI JAKARTA (JP): After attaining success as the title sponsor for this year's soccer league, state-owned Bank Mandiri has given its nod to extend its sponsorship of the 2001 league of the Soccer Association of Indonesia (PSSI).

KL tells ASEAN 'think twice' on trade pacts

KL tells ASEAN 'think twice' on trade pacts KUALA LUMPUR (Reuters): Malaysia on Tuesday told fellow members of ASEAN to think twice before striking bilateral trade agreements which could undermine the grouping.

ASEAN to sign IT pact

ASEAN to sign IT pact SINGAPORE (AFP): ASEAN leaders are to sign an "e-ASEAN framework agreement" during their Singapore summit this week, to link their electronic information systems, a Singapore trade ministry statement said on Tuesday.