Indonesian Political, Business & Finance News

Archive: 23 November 2000

62 articles found

Rp 250 million stolen in daytime robbery

Rp 250 million stolen in daytime robbery JAKARTA (JP): A daylight holdup took place in Central Jakarta on Wednesday when an armed man robbed a private employee of Rp 250 million in cash in front of his office and shot a police officer who was escorting the employee.

Pertamina, ONGC to sign MOU

Pertamina, ONGC to sign MOU SINGAPORE (Dow Jones): The international arm of India's Oil & Natural Gas Corp., ONGC Videsh, will sign a memorandum of understanding later Wednesday with Pertamina to develop the latter's upstream oil and gas exploration operations, an Indian Ministry of Petroleum...

Sale of the century: Indonesia

Sale of the century: IndonesiaBy Donna K. Woodward MEDAN, North Sumatra (JP): "For Sale: A group of tropical islands. Rich variety of natural resources. Large reserves of mineral, oil and natural gas deposits.

Three men go on trial for rape and murder of young woman

Three men go on trial for rape and murder of young woman JAKARTA (JP): A witness testified on Wednesday that the last time he saw his girlfriend alive was on May 7, two days before the body of 24-year-old Daisy Mustiko was found in a room at Wisma Kos Super Ambassador on Jl.

PBSI bans Taufik from two world badminton events

PBSI bans Taufik from two world badminton events JAKARTA (JP): World number one men's singles shuttler Taufik Hidayat has had to bury his dream of winning the 2000 Grand Prix Final in February next year after the Badminton Association of Indonesia (PBSI) banned him from two international events.

Sutiyoso, Edy upset over councillors' trips

Sutiyoso, Edy upset over councillors' trips JAKARTA (JP): Governor Sutiyoso and City Council Speaker Edy Waluyo will summon the board of directors of the city-owned PT Pembangunan Jaya Ancol over a Rp 4 billion (US$425,500) fund used to finance six councilors' overseas trips last month.

Teijin expands fiber production capacity

Teijin expands fiber production capacity JAKARTA (JP): Publicly-listed PT Teijin Indonesia Fiber Corporation (Tifico) began on Wednesday a US$20 million project to expand its polyester staple fiber plant.

RI instability worries Japan: Official

RI instability worries Japan: Official SINGAPORE (AFP): Japanese concerns over instability in Indonesia drew a mute response on Wednesday at the start of an ASEAN summit where the 10-nation alliance has a rigid policy of non-interference.

Cable damage only trivial: Indosat

Cable damage only trivial: Indosat JAKARTA (JP): State-owned telecommunication company PT Indosat stated that the damage to the world's longest undersea cable network had only slightly affected the telecommunication service in the country.

Council works to protect salt-water pet fish

Council works to protect salt-water pet fishBy Daniel Cooney NUSA DUA, Indonesia (AP): Ever wondered why some of the tropical salt-water fish you bought at the pet shop died so soon?Chances are, a diver in Indonesia or the Philippines caught them by first squirting cyanide into the water, which...

About LPG tanks

About LPG tanksFrom NeracaThere have been reports that some people claiming to be employees of state oil and gas company Pertamina have recently visited houses in Jakarta and West Java purportedly checking liquefied petroleum gas tanks and asking for payment in return.

Love your nature

Love your nature I was sad to hear the news that one of the main causes of the flood in the Cilacap area, in Central Java, was illegal logging by irresponsible locals (TPI broadcast, Nov. 4, 2000). The flood has forced people to set up tents or flee to other areas thought to be safe.

Japan hails China over its plan on ASEAN-3 summit

Japan hails China over its plan on ASEAN-3 summit SINGAPORE (AFP): Japan expressed surprise for China's support for institutionalizing the three-way gathering of East Asian leaders which also involved South Korea and Japan.

Estrada counsel to seek impeachment dismissal

Estrada counsel to seek impeachment dismissal MANILA (Agencies): Lawyers for Philippine President Joseph Estrada will seek the dismissal of his impeachment case before it begins next month, a top official said on Wednesday.

National park forests not free from looting

National park forests not free from lootingBy Sutha Sastradhinata DENPASAR, Bali (Antara): Hundreds of locals looted the forest of the West Bali National Park, Jembrana district, some 120 kilometers west of here, triggering a strong reaction from many Balinese, particularly environmentalists.

ASEAN ready to ease burden of tariff-cut plan

ASEAN ready to ease burden of tariff-cut plan SINGAPORE (Agencies): Southeast Asian leaders are poised to sign an agreement giving flexibility to some countries having trouble meeting tariff-cutting measures that are part of an effort to achieve a regional free trade area by 2002.

Bali's first surfers find comfort and joy among the waves

Bali's first surfers find comfort and joy among the wavesBy Alex Leonard KUTA, Bali (JP): Bump into Gde Narmada and he's sure to be surfing, on his way to see how the waves are or taking his young son down to Kuta Beach to teach him a few things about surfing and always with a look of contentment...

Classical Javanese court music and dances on show in Jakarta

Classical Javanese court music and dances on show in JakartaBy Hartoyo Pratiknyo JAKARTA (JP): Coming on the heels of the triumphant presentation of the Senapati Kelaswara-Adaninggar dance drama -- performed in the golek menak (wooden puppet) style of Yogyakarta at the Taman Ismail Marzuki arts...

Taiwan dollar at 19-month low, SE Asian monies mixed late

Taiwan dollar at 19-month low, SE Asian monies mixed late SINGAPORE (Dow Jones): The cloud of gloom has shifted from Southeast Asian currency markets to their neighbors in the North, as the New Taiwan dollar's collapse to a 19-month low dealt a fresh blow to the floundering South Korean won,...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 22, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 2,550 -100 854,000 Adindo Foresta Indonesia 115 5 60,000 Alakasa Industrindo 275 0 0 Alfa Retailindo...

Teachers to get 300% hike in allowance

Teachers to get 300% hike in allowance JAKARTA (JP): Teachers will receive a total of 300 percent hike in their allowance starting January next year amid calls for a better salary system for educators, an official said on Wednesday.

Indonesia told to free Aceh activist

Indonesia told to free Aceh activist JAKARTA (JP): Pressures are mounting from international and domestic communities for an immediate release of the chairman of the Information Center for Aceh Referendum (SIRA) Muhammad Nazar who was arrested on Monday evening for allegedly creating public...

PDI-P congress in stalemate

PDI-P congress in stalemate PURWOKERTO, Central Java: A branch congress of the Indonesian Democratic Party of Struggle (PDI Perjuangan) ended in stalemate here on Tuesday after dozens of civilian guards disrupted the meeting to protest against the possible election of a rank outsider as chairman.

Experts decry grand art auction as likely fraud

Experts decry grand art auction as likely fraud JAKARTA (JP): An upcoming auction of a group of paintings touted as long-lost works of local and international masters may turn out to be a huge swindle, experts warned on Wednesday.Agus T.

Islamic parties demand early election

Islamic parties demand early election JAKARTA (JP): A forum of several Muslim-based political parties demanded on Wednesday an early general election and nominated United Development Party (PPP) chairman Hamzah Haz for the presidency."We want the general election to be speeded up.

Attempted attack on McCarthy deplored

Attempted attack on McCarthy deplored JAKARTA (JP): Indonesian President Abdurrahman Wahid expressed regret on Wednesday over the attempted attack by East Timorese refugees on Australia's outgoing ambassador to Jakarta John McCarthy.

Nurdin submits letter of resignation

Nurdin submits letter of resignation JAKARTA (JP): The Soccer Association of Indonesia (PSSI) official in charge of athletes development, Nurdin Halid, submitted his resignation Tuesday evening amidst pressure critical of some of his decisions."I have to consider his resignation carefully.

Caltex workers continue protests for higher pay

Caltex workers continue protests for higher pay JAKARTA (JP): About 3,000 workers of contractors that support the oil operations of PT Caltex Pacific Indonesia in Riau continued protests on Wednesday to pressure the company to meet their demands for higher pay.

Colors and lines on canvas conform two trends

Colors and lines on canvas conform two trendsBy Chandra Johan JAKARTA (JP): This is an artist's story. He is a graduate of a noted university here. There is no doubt about his knowledge and skills in fine arts. His paintings demonstrate his talent and ability to grasp the visual elements.

Please, no naked women

Please, no naked womenFrom Media IndonesiaA television commercial advertising Krating Daeng shows a man painting the symbol of this energy drink on the bare back of a woman sitting on a motorcycle.Obviously, the producer hopes to boost sales by showing the bare back of a woman in the TV commercial.

Where to go in Bali:

Where to go in Bali: Exhibitions * Painting Refleksi Seni II, Warna Warni Ekspresi, Darga Gallery, Komplek Sanur Raya 20-21, Jl. By Pass Ngurah Rai, Denpasar (Phone: 0361 285249), 10:30 a.m. to 6 p.m., until Dec. 2.

Integrity is everything

Integrity is everythingFrom Sinar PagiI am not a political observer, but I have noticed that the current political situation seems to be becoming increasingly unhealthy. How is it that state problems are equal to an individual's emotional problems?I would like to remind Indonesians, and...

PLN and Paiton agree on long-term agreement scheme

PLN and Paiton agree on long-term agreement scheme JAKARTA (JP): State electricity company PT PLN and independent power producer (IPP) PT Paiton Energy have agreed on a long-term solution to settle their dispute over the power tariff charged by Paiton to PLN, a Paiton executive said on Tuesday.

Taipei Open canceled

Taipei Open canceled JAKARTA (Agencies): The Chinese Taipei Badminton Open organizers -- which traditionally follows the Korea Open as one of the season openers in January -- have announced that the event had to be shelved due to lack of financial support and its proximity to the Lunar New Year...

Siemens expects robust sales from new model

Siemens expects robust sales from new model JAKARTA (JP): Siemens launched on Wednesday its MP3 built-in SL45 handset amid growing competition in the country's mobile phone market.General manager of PT Dian Graha Elektrika (DGE), the distributor of Siemens in Indonesia, Robby Darmasetiawan said he...

Roman Gold firm on stake claim

Roman Gold firm on stake claim JAKARTA (Dow Jones): The British Virgin Islands company locked in a dispute with Manufacturers Life Insurance Ltd. of Canada over ownership of a 40 percent stake in Indonesian insurance company, PT Asuransi Jiwa Manulife Indonesia, intends to press on with its claim,...

Asia to lead in energy use

Asia to lead in energy use JAKARTA (AFP): Asia and the Pacific will overtake western countries as the world's largest energy-consuming region in 10 years time, a United Nations official said on Wednesday.

KL's palmoil eases after India ups duty

KL's palmoil eases after India ups duty KUALA LUMPUR (Reuters): Long liquidation hit Malaysia's palm oil futures on Wednesday on prospects of a decline in exports to India after New Delhi raised the import duties on edible oils.

Three die in landslide

Three die in landslide BANDUNG: At least three residents of the Ibun-Majalaya area here have been killed and dozens other were admitted to hospital after a mud slide buried them near Pasir Tukung hill.The three fatalities were identified as 30-year-old Ade Sugiyanto, 40-year-old Wawan and a...

Proton fights to improve quality

Proton fights to improve quality KUALA LUMPUR (AFP): Malaysia's national carmaker Proton is working to improve quality to ensure it can compete with global giants when the local market is opened up in 2005, a senior official says.Perusahaan Otomobil Nasional Bhd.

Rupiah Rates Nov. 22

Rupiah Rates Nov. 22 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,949.00 9,949.00 9,402.00 9,496.00Australian dollar 1 4,546.99 5,160.06 5,356.65 4,413.29Austrian schilling 1 548.76 610.45 576.54 582.65Belgian franc 1 187.19 208.23 196.66 198.

Comedy of errors

Comedy of errors Three weeks after the dramatic disappearance of Hutomo "Tommy" Mandala Putra, former president Soeharto's youngest son who was sentenced to 18 months in prison for corruption, the hope that police will be able to track him down any time soon and that the principle of equality...

Emergency status mulled for Aceh

Emergency status mulled for Aceh JAKARTA (JP): The government is considering adopting a civil emergency status to address the long-standing violence in Aceh, Coordinating Minister for Politics, Social and Security Affairs Susilo Bambang Yudhoyono said on Wednesday.

SE Asian officials tackle political and economic woes

SE Asian officials tackle political and economic woes SINGAPORE (AP): Southeast Asian officials meeting in Singapore on Wednesday began wrestling with multiple challenges including fragile presidencies, dwindling foreign investment and the rift between rich and poor.

Garuda to meet creditors this week

Garuda to meet creditors this week JAKARTA (JP): National flag carrier Garuda Indonesia said on Wednesday that it would meet with various local and foreign creditors this week to finalize its debt restructuring proposal, one of the airline's executives said.

Bus robberies

Bus robberies On Sept. 3 and Sept. 22, I traveled from Yogyakarta to Denpasar at night by bus: the Safari Dharma Raya, Super Executive. Both times I was robbed.The first time I lost a valuable IBM Thinkpad 240x computer.

Kamra demands extension of their service

Kamra demands extension of their service JAKARTA (JP): Accompanied by Yogyakarta's monarch Sultan Hamengkubuwono X, 11 representatives of the People's Security (Kamra) converged at the House of Representatives to demand an extension of their service on Wednesday.

Indonesia in danger of collapsing: Lemhannas

Indonesia in danger of collapsing: Lemhannas JAKARTA (JP): National Resilience Institute (Lemhannas), a think tank institution that conducts in-depth studies on national resilience, warned on Wednesday that Indonesia could collapse if no actions were taken to defuse the prolonged economic and...

City to selectively prohibit operation of nightspots

City to selectively prohibit operation of nightspots JAKARTA (JP): In an apparent attempt to put an end to the public dispute about the opening of entertainment centers and nightspots during the Muslim fasting month of Ramadhan, Governor Sutiyoso will likely selectively close businesses with...

BI operates normally despite resignation: Official

BI operates normally despite resignation: Official JAKARTA (JP): Bank Indonesia (BI) is operating normally despite the recent resignation of key members of its board of governors, central bank spokesman Halim Alamsyah said on Wednesday.

Worried

WorriedFrom Suara KaryaAs a female employee working on Jl. Jenderal Sudirman, I feel worried when I go to the office every day. On my way to work and in the office I always think that something bad might happen; be it a bomb blast, a demonstration leading to anarchy or other forms of violence.

Islamic nations to launch money market

Islamic nations to launch money market LABUAN, Malaysia (Reuters): A global Islamic inter-bank money market, which aims to wean Muslims away from conventional banking practices, will be launched by the end of 2001, Islamic banking officials said on Wednesday.

Government starts crackdown on tax evaders

Government starts crackdown on tax evaders JAKARTA (JP): The government set into motion on Wednesday their promise of cracking down on tax crime by announcing two wealthy individuals who allegedly evaded taxes, causing a loss of about Rp 1 trillion (US$107 million) to the state.

Father confesses to killing son

Father confesses to killing son TANGERANG (JP): Pasar Kemis Police detectives of Tangerang arrested a disturbed 60-year-old man, who confessed to murdering his son in his sleep in the Gelam village of Pasar Kemis early Wednesday morning.

Spotlight

SpotlightPhoto A: WebsiteE-STRATEGY: H.E. Edward Lee, Singapore's Ambassador to Indonesia (second left), and Firdaus Jailani, Ministry of Finance Director of Insurance (third left), officially launch the Great Eastern Life Indonesia homepage on Nov. 15. The launch was also attended by K.M.

Two seeded girl players tumble in junior c'ships

Two seeded girl players tumble in junior c'ships JAKARTA (JP): Two girls' U-18 singles seeds crashed out in the 2000 Nabisco International Junior Championships at the Senayan tennis complex on Wednesday while all of the Indonesian boy's singles cruised into the quarterfinals.

Trisakti marks 35th anniversary

Trisakti marks 35th anniversary JAKARTA (JP): Trisakti University marked its 35th anniversary here with an oration by Prof. K.G.P.H. Haryomataram in front of the university's senate on Wednesday.The oration, titled "Upholding Human Rights in a Comprehensive and Consistent Way in a Bid to Strengthen...

Cendana family lied about Tommy, say police

Cendana family lied about Tommy, say police JAKARTA (JP): Family members of former president Soeharto lied to investigators when they said they had no knowledge of Hutomo "Tommy" Mandala Putra's whereabouts, senior police officers said on Wednesday.

City council takes cautious stance on Governor Sutiyoso

City council takes cautious stance on Governor Sutiyoso JAKARTA (JP): While the media has widely announced that Governor Sutiyoso is one of the suspects in the July 27, 1996 violent takeover of the Indonesian Democratic Party (PDI) headquarters, the City Council still takes a cautious stance on the...

SBSI chairman sues police for arrest

SBSI chairman sues police for arrest JAKARTA (JP): Indonesian Prosperous Labor Union (SBSI) chairman Muchtar Pakpahan filed a lawsuit on Wednesday against National Police chief Gen. Surojo Bimantoro and East Kalimantan Police chief Insp. Gen. Togar M.

SE Asian countries seek unity through technology

SE Asian countries seek unity through technology SINGAPORE (AP): The nations of Southeast Asia - ranging from poor, agrarian Laos to ultra-modern, Internet-savvy Singapore - might seem worlds apart when it comes to economic development.

Kimia gets ISO certificates

Kimia gets ISO certificates JAKARTA (JP): State-owned pharmaceutical company PT Kimia Farma received on Tuesday certificates of ISO 9001, ISO 9002 and ISO 14001 for its production units in Central and East Java.The certificates were handed over by Lloyd's Register Quality Assurance Ltd.