Indonesian Political, Business & Finance News

Archive: 18 February 2000

Showing 51-56 of 56 articles

Four firms to list on SSX

Four firms to list on SSX SURABAYA (JP): At least four small and medium-size companies will soon float their shares on the Surabaya Stock Exchange (SSX), the exchange's president said here on Thursday. SSX president Anton Natakoesoemah said the four companies were leasing and consumer financing firm PT Dana Supra Erapasific, hotel owner PT Pembangunan Graha Lestari, cable television provider Tanjung Bangun Semesta and restaurant chain PT Setiamandiri Mitratama.

Petrus files new lawsuit against city police

Petrus files new lawsuit against city police JAKARTA (JP): Lawyer Petrus Bala Pattyona filed a new lawsuit against the city police at the South Jakarta District Court on Thursday, seeking Rp 10 billion (US$1,351,350) compensation for unlawful arrest last December. The suit named the city police headquarters as the first defendant, and city police detectives chief Col. Alex Bambang Riatmodjo and chief of the general section at the city police detectives corps, Lt. Col.

A pure question of justice

A pure question of justice It appears to be easy to legally process allegations of former president Soeharto's involvement in cases of corruption, collusion and nepotism. The former president failed to respond to a summons from the Attorney General's Office for reasons of ill health. This is indeed not an easy process. It could be possible that psychological barriers are making it difficult for officers of the Attorney General's Office to question the country's ex- number one authority.

Glimmers of recovery

Glimmers of recovery Indonesia's Central Bureau of Statistics finally confirmed what has been felt by producers of consumer goods and durables since November: glimmers of recovery from depressed market demand. The bureau announced on Wednesday that the battered economy posted a robust pickup in the last quarter, expanding 5.76 percent from a year earlier when the country was mired in its worst economic recession in more than 30 years.

Monjo tackles trademark cases

Monjo tackles trademark cases JAKARTA (JP): John Monjo, an executive of American tobacco company Brown & Williamson, is scheduled to arrive on Friday for a 10-day visit to handle several infringement cases and disputes between his company and local cigarette producers.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 17, 2000: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 825 -75 52,500 Adindo Foresta Indonesia 750 -25 2,873,500 Alakasa Industrindo 700 0 0 Alfa Retailindo 875 -50 1,013,500 Alter Abadi 375 25 25,000 Alumindo Light Metal 1,000 -75 802,000 Aneka Kimia Raya 500 25 10,000 Aneka Tambang (Persero) 1,275 -25 1,579,000 Anwar Sierad 325 0 37,500 APAC Centertex Corp.