Indonesian Political, Business & Finance News

Archive: 26 February 2000

50 articles found

Monuments, statues in Jakarta simply a landmark

Monuments, statues in Jakarta simply a landmarkBy Ida Indawati KhouwGovernor Sutiyoso's recent idea to build monuments to several national heroes on major streets in Jakarta sparks pros and cons. The following is a brief discussion about some of the distinguished Dutch colonial monuments, most of...

Govt puts brakes on import of luxury cars

Govt puts brakes on import of luxury cars JAKARTA (JP): Minister of Industry and Trade Yusuf Kalla issued a decree on Friday banning the import of luxury vehicles in an attempt to reduce social friction.Ministerial Decree No.

Death toll rises to 10 in Central Java landslide

Death toll rises to 10 in Central Java landslide BREBES, Central Java (JP): Rescue workers recovered on Friday the body of another victim of Wednesday night's landslide in Windu Sakti village, raising the number of confirmed dead to 10.

Tanjung lists shares on SSX

Tanjung lists shares on SSX JAKARTA (JP): PT Tanjung Bangunsemesta, a TV cable provider, made a capital market debut on Friday when it floated about 374.30 million shares on the Surabaya Stock Exchange (SSX).

New regencies not ready for local polls: Official

New regencies not ready for local polls: Official PEKANBARU, Riau (JP): An assistant to the state minister of regional autonomy, Andi Alfian Mallarangeng, urged planned elections in newly formed provinces and regencies be postponed.

See face of Indonesia in Hasse's novel 'Oeroeg'

See face of Indonesia in Hasse's novel 'Oeroeg'By Gotot Prakosa JAKARTA (JP): Oeroeg is a bestselling novel in the Netherlands. Written by Hella S. Hasse, it was first published in 1947 and has been reprinted several times.

Ministry demands prosecution of tycoon Soedono Salim

Ministry demands prosecution of tycoon Soedono Salim JAKARTA (JP): The Ministry of Forestry and Plantations has called on the Attorney General's Office to prosecute the country's number one tycoon, Soedono Salim, over alleged illegal land appropriation.

Repairs recommended for old court building

Repairs recommended for old court building JAKARTA (JP): The city administration will not prosecute the finance ministry, the owner of the former Supreme Court building on Jl. Lapangan Banteng Timur in Central Jakarta, for its failure to prevent damage to the rear of the protected building, an...

Two men go on trial over two ecstasy pills

Two men go on trial over two ecstasy pills JAKARTA (JP): A prosecutor at the Central Jakarta District Court indicted on Friday a man in his fifties and a friend in his forties who were arrested for allegedly possessing two ecstasy tablets last December.

RI visitors to HK surge

RI visitors to HK surge JAKARTA (JP): Indonesians topped the list of the visitor arrival growth to Hong Kong last year, according to the Hong Kong Tourist Association.The association said in a press statement on Friday that the growth rate of arrivals from Indonesia in 1999 was a massive 79.

Rite gives spiritual strenght to babies

Rite gives spiritual strenght to babiesBy Tarko Sudiarno YOGYAKARTA (JP): The Javanese strongly believe in rites of passage, purification rituals which will give them spiritual strength in entering every phase of their lives.

Control of short-term capital flows 'necessary'

Control of short-term capital flows 'necessary' JAKARTA (JP): Indian economist C. Rangarajan suggested on Friday that countries in crisis, including Indonesia, control short-term capital flows to prevent a recurrence of similar financial crises.

Eros's move to lead PDI-P rebuked

Eros's move to lead PDI-P rebuked JAKARTA (JP): Chairman of the Jakarta chapter of the Indonesian Democratic Party of Struggle (PDI Perjuangan) Roy B. Janis lashed out on Friday at Eros Jarot's move to run against incumbent Megawati Soekarnoputri for the party's top post.

Weak law enforcement blamed for piracy

Weak law enforcement blamed for piracy JAKARTA (JP): The government defended its poor record against copyright piracy on Friday, arguing that it was a reflection of weak law enforcement as a whole.The director general for intellectual property rights A.

Alternative route to airport proposed

Alternative route to airport proposed TANGERANG (JP): The local mayoralty office proposed on Friday widening two roads leading to the western entrance gate of the Soekarno-Hatta International Airport to be used as an alternative route connecting Jakarta and the airport.

Counter-protest against doctor

Counter-protest against doctor BOGOR (JP): As most residents of Mulyaharja village demanded that "popular" doctor Abdul Mughni be reassigned to their neighborhood, a group of 50 Mulyaharja villagers went to the Bogor council office on Thursday, asking that the doctor be removed for allegedly...

Residents agree to road construction

Residents agree to road construction JAKARTA (JP): Residents whose houses are to be demolished to build planned roads in Pegangsaan and Menteng subdistricts, said on Friday they would agree to vacate only if they are given adequate compensation.

Govt allocates Rp 6t for unhusked rice

Govt allocates Rp 6t for unhusked rice JAKARTA (JP): The government will spend about Rp 6 trillion (US$810 million) this year on unhusked rice from local farmers.Minister of Industry and Trade Yusuf Kalla said on Friday that the State Logistics Agency (Bulog) would start the purchase of unhusked...

Conversion Rates

Conversion RatesBank Indonesia's conversion rates on Feb. 25, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,458.00 7,532.00Australian dollar 1 4,597.86 4,647.24Austrian schilling 1 537.28 542.83Belgian franc 1 183.27 185.16Brunei dollar 1 4,353.77 4,399.53Canadian dollar 1 5,126.

Wynne is hopeful for Sydney Olympics chance

Wynne is hopeful for Sydney Olympics chance JAKARTA (JP): Competing in the Olympic Games is a lifelong ambition for all athletes, including 19-year-old Wynne Prakusya. But the road to the Games in Sydney is not a smooth one.

Three people killed in fresh Maluku violence

Three people killed in fresh Maluku violence AMBON, Maluku (JP): Fresh communal clashes broke out in Central and North Maluku on Friday resulting in the death of at least three people.Pattimura Military Commander Brig. Gen.

Ministers float among garbage on Ciliwung River

Ministers float among garbage on Ciliwung River JAKARTA (JP): Minister of Settlement and Regional Development Erna Witoelar called on Friday for the active participation of Jakartans and NGOs in solving river problems in the capital.

Recovering Gus Dur set for next trip

Recovering Gus Dur set for next trip JAKARTA (JP): President Abdurrahman Wahid, who has the flu, cannot wait for doctors to give him the all-clear for Sunday, when he expects to resume his grueling schedule with an overseas trip to Brunei.

Unicef to provide $28m in aid for RI children

Unicef to provide $28m in aid for RI children PURWOKERTO, Central Java (JP): The United Nations Children's Fund (Unicef) plans to provide a total of US$28 million this year to help Indonesian children.The Unicef representative for Indonesia and Malaysia, Stephen J.

Where to go in Jakarta: Saturday, Feb. 26, 2000

Where to go in Jakarta: Saturday, Feb. 26, 2000Exhibitions * Documentation Exhibition: German-Indonesian Relations from the 16th to the 19th Century by the German Embassy, at Gedung Arsip Nasional, Jl.Gajah Mada 111, Central Jakarta, 10 a.m. to 4 p.m., until Feb. 29.

JSX to introduce 3rd trading board in April

JSX to introduce 3rd trading board in April JAKARTA (JP): The Jakarta Stock Exchange (JSX) will introduce three trading boards in April, and will split listed companies into three groups based on assets and financial performance.

Malaysian police bust cargo thieves

Malaysian police bust cargo thieves KUALA LUMPUR (AFP): Malaysian police have busted a syndicate stealing cargo from Kuala Lumpur International Airport and arrested 30 people, a report said on Friday.The Star newspaper said 12 of those arrested were Malaysian Airlines employees, 10 were accused of...

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 25, 2000: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 850 50 47,000 Adindo Foresta Indonesia 675 -25 3,239,500 Alakasa Industrindo 525 0 0 Alfa...

House to summon IMF over bank program

House to summon IMF over bank program JAKARTA (JP): The House of Representatives plans to summon International Monetary Fund officials for information about the controversial multibillion dollar government bailout liquidity support provided between late 1997 and 1998 to help ailing banks stay...

Memorials for Jakarta

Memorials for Jakarta Street names, it has been said, tell a lot about a country's social and political psyche. If that is true, it may not be long before a ride through the streets of Jakarta could give visitors the (hopefully false) impression that little has changed in Indonesia, all the talk...

Where to go in Yogyakarta, Feb. 26 2000

Where to go in Yogyakarta, Feb. 26 2000Exhibitions * Batik exhibition, an exhibition of collected batiks, CCF French Cultural Center's Gallery, Jl. Sagan 3 (phone: 0274- 566520, 547409), Feb 23-March 3. * Painting exhibition: Evil, by Popok Tri Wahyudi, CCF French Cultural Center, March 20-31.

What about China's new warship?

What about China's new warship?By Santo Darmosumarto JAKARTA (JP): Two weeks ago the Chinese navy (PLAN) showed off its most recent acquisition when the Russian-built Sovremenny class destroyer sailed through the Taiwan Strait en route to its base in south China (The Jakarta Post, Feb. 12).

Yogyakarta is haven for traditional food lovers

Yogyakarta is haven for traditional food loversBy Sri Wahyuni YOGYAKARTA (JP): If you are an epicure with a taste for the traditional, a visit to this ancient city will be worth your while. Few other cities are as famous as Yogyakarta for their indigenous delicacies.

East Timor to impose import duty

East Timor to impose import duty DILI, East Timor (Reuters): A five percent import duty and a sales tax of up to 15 percent for motor vehicles will soon apply to goods coming into East Timor under a new tax regime announced by the International Monetary Fund on Friday.

Grasshoppers ruin C. Kalimantan rice

Grasshoppers ruin C. Kalimantan rice PALANGKA RAYA, Central Kalimantan: Almost one thousand hectares of rice fields in the Kotawaringin Barat area here have been destroyed by grasshoppers in the last three weeks.

Alwi: RI-Australia matters to be settled quietly

Alwi: RI-Australia matters to be settled quietly JAKARTA (JP): Foreign minister Alwi Shihab said on Friday Jakarta and Canberra would settle delicate matters quietly behind the scenes to avoid them becoming public issues which could further damage relations between the two countries.

Workers continue protest at House

Workers continue protest at House JAKARTA (JP): Thousands of workers of a closed down shoe factory vowed on Friday to continue their sit-in at the People's Consultative Assembly/House of Representatives compound until their demand was met, a labor activist said.

Mercury named as pollutant in Cisadane River

Mercury named as pollutant in Cisadane River BOGOR (JP): An environmentalist said on Friday that Cisadane River, the water of which finds its way into homes across Jakarta and Bogor, has a high level of mercury.

Kua Etnika to stage 'Ritus Swara'

Kua Etnika to stage 'Ritus Swara' JAKARTA (JP): Eight compositions inspired by ethnic music will be staged by noted musician G. Djaduk Ferianto and his Kua Etnika band at Taman Ismail Marzuki arts center on Friday and Saturday evenings.

Persija to represent Indonesia in Brunei

Persija to represent Indonesia in Brunei JAKARTA (JP): Governor Sutiyoso expects soccer team Persija to perform its best as Indonesia's representative in the Brunei Invitational 2000 in Bandar Seri Begawan, Brunei."I don't expect too much from you.

Students want Soewito fired

Students want Soewito fired MAKASSAR, South Sulawesi (JP): Law students from Hasanuddin University have sent a letter to the Supreme Court demanding the dismissal of the head of the Makassar District Court.The letter, dated Feb.

DHL uses new courier scanner

DHL uses new courier scanner JAKARTA (JP): PT Birotika Semesta/DHL Worldwide Express has introduced the latest wireless technology to allow importers and exporters to capture and transmit data for real time shipment tracking.

Hancock opens Bali office

Hancock opens Bali office JAKARTA (JP): John Hancock, a major international insurance company in the United States, officially opened on Friday a sales and service center with its Indonesian joint venture in Bali.

Asian currencies lifted off lows by position squaring

Asian currencies lifted off lows by position squaring HONG KONG (Dow Jones): Asian currencies rallied Friday, as the liquidation of long dollar positions ahead of the weekend relieved the pressure on regional markets.

KONI is expected to pay for archers' expenses

KONI is expected to pay for archers' expenses JAKARTA (JP): The Indonesian Archery Association (Perpani) deputy secretary-general, Andi Suhendro, has expressed hope that the National Sports Council (KONI) will pay the expenses of the Olympics women's team during their one-month stint in South Korea.

42,000 evacuated as RP volcano erupts

42,000 evacuated as RP volcano erupts LEGASPI, Philippines (AFP): The erupting Mayon volcano subsided on Friday but the number of people evacuated soared to more than 42,000 as scientists warned it may burst into life again anytime.

Teacher shortage in Irian Jaya

Teacher shortage in Irian Jaya JAYAPURA, Irian Jaya: At least 12,000 elementary school teachers are urgently needed in Irian Jaya, the head of the provincial teaching and education office, J.P. Letsoin, said on Friday.

TNI to quit House, but not Assembly

TNI to quit House, but not Assembly JAKARTA (JP): The Indonesian Military (TNI) is prepared to leave the House of Representatives (DPR) after the next elections in 2004, but insists on maintaining a presence in the People's Consultative Assembly (MPR).TNI Commander Adm. Widodo A.S.

Home sick at Lippo Karawaci

Home sick at Lippo Karawaci I bought a house at Taman Brawijaya, Jl. Prapanca 11, Lippo Karawaci. I feel deeply disappointed about the after-sales service of Lippo Karawaci's staff, management and director.

Damura fund intended for athletes in int'l events

Damura fund intended for athletes in int'l events JAKARTA (JP): The sports fund-raising program Damura (the People's Fund for Sports) will be used to finance prospective athletes to compete in international events, starting from the Southeast Asian (SEA) Games to the Olympic Games.