Indonesian Political, Business & Finance News

Archive: 16 December 2000

53 articles found

SLB teachers demand better pay

SLB teachers demand better pay YOGYAKARTA (JP): As many as 23 intern teachers from schools for the mentally disabled in Bantul regency, accompanied by dozens of their students, staged a rally at the Yogyakarta gubernatorial office on Thursday to demand a pay increase.

Mahathir warns rivals to behave

Mahathir warns rivals to behave KUALA LUMPUR (Agencies) Prime Minister Mahathir Mohamad warned the country's opposition parties on Friday not to force his government's hand into taking action against them.

Damri suspends Medan-Jakarta service

Damri suspends Medan-Jakarta service MEDAN, North Sumatra: State-owned bus company Damri will temporary halt service on the Medan-Jakarta route for two weeks as of Dec. 20.Head of the company's Medan branch Bambang Sugiharto said on Friday that the buses serving that route would be reassigned to...

Regional autonomy could endanger national unity

Regional autonomy could endanger national unity JAKARTA (JP): The incoming implementation of regional autonomy is prone to neo-tribalism and ethnic nationalism, which may bring nation building in Indonesia back to square one, a noted sociologist warned on Friday.

RI banks back on track 'but still in danger'

RI banks back on track 'but still in danger' HONG KONG (Dow Jones): International credit rating agency Fitch said in a report released Friday that it affirms its stable credit rating outlook on Indonesian banks.

Criticizing Singapore

Criticizing SingaporeFrom Media IndonesiaThere seems to be a tendency in Indonesia that if there is a failure in overcoming a domestic problem, attention will be diverted overseas. Hence the idea to establish a military pact or to set up the West Pacific Forum, whose membership would include...

Badminton body delays GP Finals in Brunei

Badminton body delays GP Finals in Brunei JAKARTA (JP): The International Badminton Federation (IBF) announced on Friday the delay of the World Grand Prix Finals in Brunei Darussalam, due to the Ramadhan and Chinese New Year holidays.

Cargo ship seized by Navy

Cargo ship seized by Navy SURABAYA: Two Navy patrol ships from the Eastern Navy Fleet Command seized a cargo ship KM Fajar Kanguru, whose freight included one container of explosives, while it was docking at Tanjung Jangkar waters in Karang Tekok, Situbondo regency, in the early hours of Friday, an...

Prosecutor files appeal over Pande Lubis verdict

Prosecutor files appeal over Pande Lubis verdict JAKARTA (JP): Prosecutor Tarwo Hadi Sadjuri submitted on Thursday an appeal statement against a Nov. 23, 2000 court ruling which acquitted Pande Nasorahona Lubis from all graft charges in the Rp 546 billion (US$57.

C. Java archers join SEAG training

C. Java archers join SEAG training SEMARANG (JP): Two Central Java archers, Permadi Sandra W and Tri Mudo Joko, have been called to join the selection process for the 2001 Kuala Lumpur Southeast Asian (SEA) Games. The selection will take place in Jakarta next January.

Aceh military post attacked, soldiers nabbed

Aceh military post attacked, soldiers nabbed BANDA ACEH, Aceh (JP): Alleged separatist rebels of the Free Aceh Movement (GAM) stormed a Military Subdistrict Command headquarters in Montasiek district, Aceh Besar, on Friday, and kidnapped four soldiers.

IMF again delays loan

IMF again delays loan The government got another thumbs down from the international supervisor of the country's economic reform, resulting in another delay of at least two months in the next disbursement of the International Monetary Fund's (IMF) US$5 billion bailout fund.

New kata fighters for 2001 SEAG

New kata fighters for 2001 SEAG JAKARTA (JP): Secretary General of the Indonesian Karate-Do Federation (FORKI), Hendardji, confirmed on Thursday that two seniors players -- women's karateka Omita Olga Ompi and men's counterpart Abdullah Kadir -- have quit the training program for 2001 Southeast...

The return of 'securo-crats' in U.S.

The return of 'securo-crats' in U.S. Under George W. Bush, the United States may be more willing to act unilaterally, writes Kusnanto Anggoro, a senior researcher at the Centre for Strategic and International Studies and a lecturer in the postgraduate studies program at the University of Indonesia...

Protecting foreigners' rights

Protecting foreigners' rights One wonders where, when and how the protection of foreigners/expats is controlled.A Shipping fraud incident, which has scarred the memories of an ex-Consul of Egypt, Karim Sherif, needs to be compensated for and looked into by authorities in the government.

Asian monies mostly up as Singapore dollar leads rise

Asian monies mostly up as Singapore dollar leads rise SINGAPORE (Dow Jones): Most Asian currencies were higher late Friday, with the Singapore dollar outshining its regional peers as the U.S. currency lost ground against the euro, dealers said.The euro's ability to extend its gains above $0.

Relatives mull legal action after inconclusive crash probe

Relatives mull legal action after inconclusive crash probe SINGAPORE (Agencies): Relatives of victims from a 1997 SilkAir plane crash on Friday sought legal advice, saying they felt frustrated and disappointed that the three-year investigation into the tragedy had proven inconclusive.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 15, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 2,275 -50 265,000 Adindo Foresta Indonesia 110 0 15,000 Alakasa Industrindo 425 0 0 Alfa...

'Regulations on abortion needed to protect women'

'Regulations on abortion needed to protect women' JAKARTA (JP): Regulations on abortion need immediate revision to ensure protection of women, experts and activists told a public discussion on Thursday."The public have a misinformed image of abortion.

Mahfud announces Kamra compensation

Mahfud announces Kamra compensation JAKARTA (JP): Minister of Defense Mahfud M.D. said on Friday that some 36,000 members of the People's Security civilian guards (Kamra) would receive compensation equivalent to four months salary when disbanded at the end of the year.

Geologists warn of landslides

Geologists warn of landslides YOGYAKARTA: A team of geologists from Gadjah Mada University are calling on residents of Kulonprogo regency in the province, along with two towns in Central Java, Magelang and Purworejo, to remain on high alert as their respective areas are prone to landslides.

Irian Jaya may acquire Freeport stake

Irian Jaya may acquire Freeport stake JAKARTA (JP): The central government gave the green light for the Irian Jaya administration's plan to acquire holdings in the copper and gold mining giant PT Freeport Indonesia.

Indofood plans more Middle East exports

Indofood plans more Middle East exports JAKARTA (JP): Publicly listed food giant PT Indofood Sukses Makmur said on Friday its noodle exports to the Middle East were expected to reach about 5 percent of its total production in 2001 as compared to 3 percent this year.

JSX market cap down 72% this year

JSX market cap down 72% this year JAKARTA (JP): The Jakarta Stock Exchange (JSX) lost 72.5 percent of its market capitalization this year dropping to Rp 261.9 trillion (US$27.56 billion) from Rp 451.8 trillion at the end of 1999 as share prices tumbled amid a sluggish market.

Appeal to the police

Appeal to the police I have been following news of attacks conducted by armed groups recently. They have attacked not only pro-democracy activists but also minority groups in Jakarta and Yogyakarta.These attacks were countered by other civilians, for instance the security task force of the...

Anwar's assailant stays in jail

Anwar's assailant stays in jail KUALA LUMPUR (Reuters): The Malaysian police chief who beat up jailed former finance minister Anwar Ibrahim on Friday lost his appeal for a reduction in the two-month jail sentence handed down to him for the assault.

Wait-and-see stance on Sutiyoso: Council

Wait-and-see stance on Sutiyoso: Council JAKARTA (JP): City Council will take a wait-and-see stance over Governor Sutiyoso's status in the 1996 violent takeover of the Indonesian Democratic Party (PDI) headquarters, saying that the council had no legal basis to take action.

C. Java eyes overall national championship

C. Java eyes overall national championship JAKARTA (JP): Central Java is eying the title at the National Inter-Club Badminton Championship from Jan. 23 until Jan. 28 in Banjarmasin, South Kalimantan."We think our players can win.

Malaysian palm oil eases further on stock worries

Malaysian palm oil eases further on stock worries KUALA LUMPUR (Reuters): Malaysia's palm oil futures eased further on Friday on worries over a build-up in domestic stocks, traders said.They said poor export data for the first half of December also weighed on prices.

Business booms for firecracker makers

Business booms for firecracker makersBy A'an Suryana JAKARTA (JP): Despite a formal ban being issued by the Jakarta administration, people continue manufacturing and selling firecrackers in the Greater Jakarta area as the Idul Fitri celebration approaches.

City-owned property firms merged into one

City-owned property firms merged into one JAKARTA (JP): The city administration launched on Friday a holding company in the property sector, a merger between city-run developers PT Pembangunan Pluit Jaya, PT Pembangunan Pantura Jaya, and PT Pulo Mas Jaya.

Celebrate your Christmas with Bel Canto Vocal Music Series

Celebrate your Christmas with Bel Canto Vocal Music Series JAKARTA (JP): Although Christmas is still nine days away, many people have already planned to celebrate it in grand style.If you are after classical music to get you in that holiday spirit, a concert dedicated to Christmas will be presented...

The new Timor: A Xanana republic?

The new Timor: A Xanana republic?By Damien Kingsbury MELBOURNE (JP): With the massive international aid effort that has poured into East Timor since the disastrous events after last year's ballot on independence, it has been widely assumed that the tiny new state would develop along liberal...

KabelVision hooks up with five Net Service Providers

KabelVision hooks up with five Net Service Providers JAKARTA (JP): KabelVision, the first TV cable and broadband Internet network provider in Indonesia, will forge alliances with five more Internet Service Providers (ISPs) in Jakarta next month to expand its coverage of broadband internet services.

Tracing the long history of the postal service

Tracing the long history of the postal serviceBy Ida Indawati Khouw The beauty of the central post office on Jl. Pos in Central Jakarta is now fading away as it becomes masked by the stalls of sidewalk vendors mushrooming around the building. This is the 69th article on Batavia.

Prosecutor ready for Tommy's capture

Prosecutor ready for Tommy's capture JAKARTA (JP): In support of the police's effort to capture fugitive Hutomo "Tommy" Mandala Putra by the end of this year, the South Jakarta Prosecutor's Office will remain open over the upcoming holidays.

Police defendant fails to appear in court again

Police defendant fails to appear in court again YOGYAKARTA (JP): Second Adj. Insp. Edy Wuryanto, who is accused of destroying evidence, failed to appear for the second time at his trial at the Yogyakarta Military Tribunal on Thursday.

City council OKs street acquisition

City council OKs street acquisition JAKARTA (JP): The city council has approved the reimbursement of Rp 37.8 billion (US$4.02 million) from the Central Bank (BI) for a change of land utility of a city asset in the form of a street formerly known as Jl. Budi Kemuliaan I.

Prolonged land dispute finishes with death

Prolonged land dispute finishes with death BEDUGUL, Bali (JP): A prolonged land dispute between local businessman Djohny Leopato and the provincial administration ended with the death of the businessman on Friday morning.

Rupiah Rates Dec. 15

Rupiah Rates Dec. 15 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,895.00 9,895.00 9,348.00 9,442.26Australian dollar 1 4,846.89 5,396.73 5,093.73 5,149.67Austrian schilling 1 576.29 641.44 605.64 612.07Belgian franc 1 196.58 218.80 206.59 208.

Delay in IMF loan clarified

Delay in IMF loan clarified JAKARTA (JP): Coordinating Minister for the Economy Rizal Ramli said on Friday that the delay in the disbursement of the International Monetary Fund (IMF) loan was due to technical matters and not because the government had failed to implement key economic reform...

RI houses 883 illegal immigrants

RI houses 883 illegal immigrants JAKARTA (JP): Indonesia is housing 883 illegal immigrants who entered the country without proper documents, an official said on Friday.The spokesman to the directorate general of immigration, Mursanuddin A.

Life insurance industry posts impressive numbers

Life insurance industry posts impressive numbers JAKARTA (JP): The life insurance industry in Indonesia recovered at an impressive rate this year with most indicators for the first three quarters already exceeding those recorded for the entire 12 months of 1999.

Observer says city budget needs revision

Observer says city budget needs revision JAKARTA (JP): The draft city budget for 2001 needs major revision in order to meet people's demand for accountability and social justice, an observer said on Thursday.

Guthrie to proceed with $368m Holdiko investment

Guthrie to proceed with $368m Holdiko investment KUALA LUMPUR (AFX-ASIA): Kumpulan Guthrie Bhd. will proceed with its planned investment in the Holdiko Palm Plantations in Indonesia despite opposition by the Indonesia Palm Oil Society, its group chief executive Abdul Khalid Ibrahim said.

Popular support needed to stay put

Popular support needed to stay put For an ordinary politician who knows that popular support after a year or two in power is waning, it is usually a signal to step down from office. For an "extraordinary" politician, from a background with clerical roots, like Abdurrahman Wahid, there seems to be a...

Hospital staff want salary hike

Hospital staff want salary hike TANGERANG (JP): Hundreds of employees, including paramedics and doctors, of the Honoris International Hospital at Modern Land estate staged a protest on Friday, demanding higher salaries and other allowances.The peaceful protest starting at 9 a.m.

Ramadhan time for Jakarta

Ramadhan time for JakartaSaturday Maghrib 6:06 p.m.Sunday Imsak 4:01 a.m.Subuh 4:11 a.m.

TV today

TV todayTVRI 3:30 a.m. Ramadhan Special: Uraian Syiar Sahur 4:30 Ramadhan Special: Koran Recital 5:30 Ramadhan Special: Pelajaran Iqro 6:00 News 8:00 Children's Program 8:30 TV Series: Labyrinth 9:00 Interval 2:00 p.m.

ADB approves US$445.9m loan

ADB approves US$445.9m loan MANILA (AFP): The Asian Development Bank (ADB) said Friday it had approved four loans totaling US$445.9 million for various projects in Indonesia, Nepal, Pakistan and Papua New Guinea.

PBVSI to launch pro league in 2001

PBVSI to launch pro league in 2001 JAKARTA (JP): The Indonesian Volleyball Federation (PBVSI) will kick off a professional indoor volleyball league and beach volleyball circuit in the middle of 2001.PBVSI chairwoman Rita Subowo said on Friday during a breaking of the fast gathering the professional...

Police to summon FPI leaders over brutal attack

Police to summon FPI leaders over brutal attack JAKARTA (JP): Police will soon summon leaders of the Islamic Defenders Front (FPI) over Wednesday's brutal attack on a red- light district in Cikijing, Subang, about 105 kilometers east of here, an officer said on Friday.National Police spokesman Brig.

First RI futures exchange starts trading

First RI futures exchange starts trading JAKARTA (JP): After months of delay, Indonesia's first futures exchange, the Jakarta Futures Exchange (JFX), finally launched on Friday its first trading day on coffee robusta and olein.