Indonesian Political, Business & Finance News

Archive: 7 November 2000

59 articles found

Euro has little impact on trade relations with RI

Euro has little impact on trade relations with RI JAKARTA (JP): Since its launching in 1999, the European currency euro has had little impact on trade relations between Indonesia and the 11 European Union (EU) members adopting the currency, analysts said on Monday.

Carrot, stick approach will continue after U.S. election

Carrot, stick approach will continue after U.S. election Expect the U.S. to continue being forthright on Indonesia's reforms, whoever becomes the next U.S. president, says Shanghai- based economist Mari Pangestu in an e-mail interview: Question: Ties between Indonesia and the United States are...

Schools abandon literature: Poet

Schools abandon literature: Poet JAKARTA (JP): Renowned poet W.S. Rendra and Bahasa Indonesia expert J.S. Badudu expressed on Monday their concern for the low interest in literature subjects in schools across the country.

Complaint settled

Complaint settled I refer to my letter which was published in The Jakarta Post on Oct. 28, 2000.I am pleased to advise that my complaints about the quality of my reception have since been addressed by Mr. Sutopo of Kabelvision and the reception is now clear.

43 arrested for cockfighting

43 arrested for cockfighting KENDARI, Southeast Sulawesi: A police sergeant and an Army corporal were among 43 people arrested here on Sunday for gambling on illegal cockfights.Antara news agency reported at least three people were injured when police raided the cockfights, firing warning shots to...

UK plans RI plane factory

UK plans RI plane factory JAKARTA (JP): The British-based Hamilton Airship Company plans to build a US$146 million worth aircraft factory in Indonesia, according to the government.The office of the Coordinating Minister for the Economy said on Monday that Hamilton planned to start building the...

JiFFest

JiFFest Correction: The synopsis for Garin Nugroho's Puisi Tak Terkuburkan, printed in Monday's newspaper, was inadvertently switched with one for the director's Daun di atas Bantal."Puisi" (9:15 p.m. Tuesday, TIM 1) is the true story of poet Ibrahim Kadir, who was imprisoned without trial in Aceh.

Rupiah Rates Nov. 6

Rupiah Rates Nov. 6 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,593.00 9,593.00 9,048.00 9,138.00Australian dollar 1 4,524.21 5,055.51 4,763.77 4,815.73Austrian schilling 1 540.24 603.80 568.84 575.16Belgian franc 1 184.28 205.96 194.04 196.

Italy opens cultural center to the public

Italy opens cultural center to the publicBy Mehru Jaffer JAKARTA (JP): The American author Mark Twain once wrote that the Creator made Italy from designs by Michael Angelo. It is also said that people who do not know much about Italy are those who are always conscious of an inferiority.

City Council halts free ID card scheme

City Council halts free ID card scheme JAKARTA (JP): The city council called on the administration on Monday to monitor the potential abuse of the free identity card renewal scheme. The scheme was initially planned to come into effect as of Nov. 1 but was delayed pending the approval of the Council.

Dyviacom eyes JSX listing

Dyviacom eyes JSX listing JAKARTA (JP): Internet service provider PT Dyviacom Intrabumi said on Monday it planned to sell about 64 million new shares in an initial public offering (IPO) later this month.The company said in a press statement that it would also issue 25.

APEC leaders to give global trade talks a gentle push

APEC leaders to give global trade talks a gentle push KUALA LUMPUR (Reuters): Asia Pacific leaders meeting in Brunei next week are expected to declare their support for a new round of global free trade talks but shy away from listing specifics they want on the agenda.

Account balance at BNI lost

Account balance at BNI lostFrom KompasOur younger sister Y. Hasri Nurtiastuti has a TAPLUS savings account (No. 037-004785-979901) at the Matraman branch of Bank Negara Indonesia (BNI) with a balance of Rp 2.4 million.

Tommy still not imprisoned

Tommy still not imprisoned JAKARTA (JP): Efforts to send former president Soeharto's son Hutomo "Tommy" Mandala Putra to jail turned out to be a farce on Monday as he managed to evade a second attempt over claims that he had not received a legalized copy of the presidential decree rejecting his...

IBRA chief vows to speed up asset sales

IBRA chief vows to speed up asset sales JAKARTA (JP): The newly appointed chairman of the Indonesian Bank Restructuring Agency (IBRA) Edwin Gerungan vowed on Monday to speed up the disposal of the various banking assets managed by the agency.

Cuba offers coaches to Indonesia

Cuba offers coaches to Indonesia JAKARTA (JP): Cuba has approached the National Sports Council (KONI) about making available coaches and training facilities to help develop Indonesian athletes, KONI official in charge of research and development Imam Suyudi said on Monday.

RP painter Jane in town

RP painter Jane in town JAKARTA (JP): The young and famous Philippines-born painter Jane del Rosario, who now resides in America's Beverly Hills, is to display her original paintings in a six-day exhibition starting Thursday at the Mandarin Oriental Hotel here as part of a tour of other major...

Where to go in Bandung:

Where to go in Bandung:Exhibition* Fine Arts Exhibition, Liyan by Nindityo Adipurnomo, at Selasar Seni Sunaryo, Jl. Bukit Pakar Timur no. 100 (Phone: 022 2507939), until Dec. 3.Performances* Ballet by Wisma Nartaki group, Gedung Kesenian Rumentang Siang, Jl.

Susilo assures Japan safe investment in RI

Susilo assures Japan safe investment in RI TOKYO (JP): Less than one month after sending Coordinating Minister for the Economy Rizal Ramli to Japan, President Abdurrahman Wahid dispatched another senior minister in his bid to assure the Japanese government and businesspeople of safe investment in...

Indonesia outclasses RP in Tiger Cup's Group A opener

Indonesia outclasses RP in Tiger Cup's Group A opener CHIANG MAI, Thailand (Agencies): Indonesia banked on its superior skills and a relentless pace to shut out the Philippines 3-0 Monday in the first of the Tiger Cup matches staged in this northern city while host Thailand began its campaign with...

MPR Speaker needs escort

MPR Speaker needs escortFrom RepublikaAccording to the Republka issue of Oct. 16, the speaker of the People's Consultative Assembly (MPR) plans to visit Sumatra in the near future to assess land issues. He seems to be trying to fill the gap left by the President who is busy touring the world.

Judges asked to use conscience in rulings

Judges asked to use conscience in rulings JAKARTA (JP): Legal experts agreed on Monday that Indonesian judges should have moral courage and conscience in issuing verdicts on criminal cases.Satjipto Rahardjo, a law professor at the Semarang-based Diponegoro University in Central Java and his...

Govt separates agriculture and forestry ministry

Govt separates agriculture and forestry ministry JAKARTA (JP): Minister of Agriculture and Forestry Bungaran Saragih said on Monday that the government has decided to separate his ministry into two state ministries.

Ancol accident survivor still in critical condition

Ancol accident survivor still in critical condition JAKARTA (JP): Tjandrawati Arifin, the only survivor in Sunday's horrifying traffic accident at the Kemayoran flyover in Ancol, North Jakarta, remained in critical condition on Monday.

Indonesia loses to Moldova in Chess Olympiad

Indonesia loses to Moldova in Chess Olympiad JAKARTA (JP): Indonesia placed the wrong line-up against Moldova by resting its ace player Utut Adianto at the 34th Chess Olympiad in Istanbul on Sunday which resulted in a 1.5-2.5 Victory Points (VPs) defeat in the eighth round.

LSF still needed

LSF still neededFrom Media IndonesiaWe, the members of the Society Against Pornography (MTP), are quite concerned with the strong demands voiced by certain circles lately that the Film Censorship Institute (LSF) be disbanded.

Vietnam Airlines eyes two long-haul jets

Vietnam Airlines eyes two long-haul jets HANOI (AFP): State-owned Vietnam Airlines has requested government permission to place orders for two long-haul jetliners worth US$300 million in 2002, a company spokesman told AFP Monday.

Gus Dur welcomes new Aceh governor

Gus Dur welcomes new Aceh governor SEMARANG (JP): Convinced of his nationalism and knowledge on the problems facing the Acehnese, President Abdurrahman Wahid eventually welcomed the election of former youth leader Abdullah Puteh as governor of Aceh and asked Minister of Home Affairs and Regional...

APRIL nets $29m in profit

APRIL nets $29m in profit JAKARTA (JP): The APRIL Group (Asia Pacific Resources International Holdings Ltd.) announced US$29 million in net profits for the quarter ended Sept. 30 on total sales of $147.6 million.

Festival to show virtues of recycling

Festival to show virtues of recycling JAKARTA (JP): The City Recycling Agency in cooperation with three women's organizations in Jakarta will hold a series of events, including discussions and bazaars, on garbage recycling issues over three days beginning Wednesday.

Ex-Golkar boss grilled over July 27 incident

Ex-Golkar boss grilled over July 27 incident JAKARTA (JP): Golkar's former secretary general Ary Mardjono was questioned on Monday by a joint military-police team over the violent takeover of the Indonesian Democratic Party (PDI) headquarters on July 27, 1996.Col.

Death toll in C. Java landslide reaches forty-five

Death toll in C. Java landslide reaches forty-fiveBy Israr Ardiansyah PURWOREJO, Central Java (JP): The death toll from the landslide which struck three districts in the regency of Purworejo reached 45 on Monday, while seven people were reported missing, latest records at a joint emergency post...

Lawyers accused of harassing House

Lawyers accused of harassing House JAKARTA (JP): A hearing over the high-profile scandal in the National Logistics Agency (Bulog) at the House of Representatives turned into a bitter argument on Monday.

Protesters ransack WWF office in Bali

Protesters ransack WWF office in Bali DENPASAR, Bali: Some 200 people protesting the ban on the turtle trade ran amok here on Monday morning at the local office of the World Wide Fund for Nature (WWF).Protesters ransacked the WWF office on Jl.

NU chief asks Amien, Gus Dur to end feud

NU chief asks Amien, Gus Dur to end feud JAKARTA (JP): Hasyim Muzadi, chairman of the largest Muslim organization Nadhlatul Ulama (NU), called on President Abdurrahman Wahid and People's Consultative Assembly speaker Amien Rais to end their personal row to help calm their supporters at the...

RI seeks $2b from Japan to develop cyber city

RI seeks $2b from Japan to develop cyber city JAKARTA (JP): Indonesia expects to obtain about US$2 billion from Japan's special IT development fund to establish a "cyber city" at the Jakarta Fairground in Kemayoran, Central Jakarta, the developer said here on Monday.

House commission works on GMO rules

House commission works on GMO rules JAKARTA (JP): Insisting it is taking an impartial stance on transgenic products, or Genetically Modified Organisms (GMO), House of Representatives Commission VIII for environmental, science and technology affairs is working on a draft law to regulate the...

City official to be questioned over illegal billboard

City official to be questioned over illegal billboard JAKARTA (JP): City Planning Agency chief Ahmadin Ahmad will be questioned soon by the City Officials Honorary Council for his alleged role in granting permission to erect a giant billboard in a restricted zone, an official said on Monday.

RI's rice import taxes won't hurt Vietnam

RI's rice import taxes won't hurt Vietnam HANOI (Dow Jones): Indonesia's decision to raise rice import taxes and refrain from importing rice next year won't hurt Vietnam's rice exporters because they have already slowed their exports to Indonesia, a Vietnamese official said Monday.

Cileduk soccer team goes to top 16

Cileduk soccer team goes to top 16 JAKARTA (JP): Cileduk soccer school team cruised to the top 16 after outclassing Wahana Bogor team 2-1 in the Group B match of the Under-13 Aspirin Cup soccer tournament at Aspirin field in Senayan complex here on Monday.

Military undergoes major leadership reshuffle

Military undergoes major leadership reshuffle JAKARTA (JP): The Indonesian Military (TNI) on Monday formally announced the much anticipated promotion of Maj. Gen Kiki Syahnakri to the position of Army Deputy Chief of Staff as part of a major military reshuffle involving 94 senior military officers.

IBRA sells QAF stake

IBRA sells QAF stake SINGAPORE (AFX-ASIA): BNP Prime Peregrine has sold 82 million QAF shares, equivalent to a 25 percent stake in the company, on behalf of the Indonesian Bank Restructuring Agency at S$0.45 a share through cross trades in the market, a BNP Prime Peregrine source said.

Five suspects arrested over killing of police

Five suspects arrested over killing of police MAKASSAR, South Sulawesi (JP): Local police arrested five men on Sunday for their alleged involvement in the murder of Second Insp. Don Bosco Sagala, a police officer said on Monday.

RI juniors finish third in World C'ships

RI juniors finish third in World C'ships JAKARTA (JP): Indonesia finally finished third in the World Junior Badminton Championships for the Bimantara Cups in Guangzhou, China, on Monday by defeating Chinese Taipei.

Prosecutor seeks 15 months for Doyok

Prosecutor seeks 15 months for Doyok TANGERANG (JP): A state prosecutor asked on Monday that the Tangerang District Court sentence comedian Sudarmadji, better known as Doyok, to 15 months in jail for the illegal possession and use of 0.5 grams of crystal methampethamin (shabu-shabu).

House approves law on human rights tribunal

House approves law on human rights tribunal JAKARTA (JP): The House of Representatives passed on Monday a law on human rights tribunals which makes it possible to try past abuses.In a plenary session led by House Deputy Speaker Soetardjo Soerjoguritno, all 10 factions at the House endorsed the law.

Govt, IMF agree to slow down BRI loan divestment

Govt, IMF agree to slow down BRI loan divestment JAKARTA (JP): The government and the International Monetary Fund (IMF) have reached an agreement not to force state-owned Bank Rakyat Indonesia (BRI) to divest all its corporate loans by the end of this year as originally scheduled, a senior...

Gus Dur fails people's wishes

Gus Dur fails people's wishes Many people had high hopes for President Abdurrahman Wahid, or Gus Dur as he is widely known, but he has failed to live up to their expectations. In reality, few people expected him to be a great president when he was elected.

Matraman youths to be given business training

Matraman youths to be given business training JAKARTA (JP): In an apparent attempt to help reduce prolonged clashes in the brawl-ridden Matraman area in East Jakarta, the National Board of Social Welfare (BKSN) is holding a workshop on small-scale enterprises empowerment for some 100 youths and...

A recurring disaster

A recurring disaster Floods and landslides are no new phenomena to many areas of Java, especially along the island's northern and southern coasts. In the area around Brebes near the West Java border and along the Jepara shoreline toward the east, for example, the inhabitants are so used to floods...

Mahathir rebukes Chinese group

Mahathir rebukes Chinese group KUALA LUMPUR (AFP): Malaysian Prime Minister Mahathir Mohamad on Monday criticized a Chinese educational group for its objections to planned multiracial schools.The government, which fears the races are becoming too polarized, is planning more "vision schools".

Late paper

Late paper Due to technical problems, The Jakarta Post reached subscribers in Bandung, Lembang, Cimahi, Indramayu and Cirebon of West Java, Pekalongan, Tegal, Purwokerto and Cilacap of Central Java, and Tanjung Karang of Lampung late yesterday. We apologize for the inconvenience. -- Publisher

Bengkulu forests under threat

Bengkulu forests under threat BENGKULU: Officials here said on Monday 48,000 of 251,000 hectares of conserved forest in the province have been damaged by illegal logging.The head of the provincial forestry agency, Harjanto, told Antara the immediate reforestation of the damaged areas was necessary...

Rates for tax payment, valid from Nov. 6 to Nov 12

Rates for tax payment, valid from Nov. 6 to Nov 12 U.S. dollar 1 Rp 9,060.00Austrian schilling 1 552.94Australian dollar 1 4,703.95Belgian franc 1 188.61Canadian dollar 1 5,908.05Swiss franc 1 5,008.29Deutschemark 1 3,893.43Danish krone 1 1,023.83French franc 1 1,159.91Poundsterling 1 13,073.

Lowering forward position limit an option, says Anwar

Lowering forward position limit an option, says Anwar JAKARTA (JP): Bank Indonesia senior deputy governor Anwar Nasution said on Monday that lowering the maximum US$5 million open forward position was an option to help curb speculation in the rupiah.

Opposition parties lawless: Mahathir

Opposition parties lawless: Mahathir KUALA LUMPUR (AFP): Prime Minister Mahathir Mohamad accused opposition parties Monday of lawlessness after 116 people were arrested in Malaysia's biggest anti-government protest for months, but his opponents criticized police for using "Gestapo" tactics.

Illegal logging and looting threaten Lampung's forests

Illegal logging and looting threaten Lampung's forestsBy Hera Diani LAMPUNG (JP): Like other provinces in Sumatra, Lampung is blessed with lush green forests which spread from the south near the Sunda Straits to its northern area that abuts Bengkulu.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 6, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 1,925 50 774,500 Adindo Foresta Indonesia 120 -5 55,000 Alakasa Industrindo 400 -35 5,500 Alfa...

Norway to develop hydropower project in Jambi province

Norway to develop hydropower project in Jambi province JAMBI (JP): A consortium of local administrations, Indonesia's state-owned electricity company PLN and Statkraft SF power- generation company from Norway and local private company PT Binatek Reka Energi has set up a joint venture to develop a...