Indonesian Political, Business & Finance News

Archive: 8 February 2000

61 articles found

Indonesia Davis Cup team intact for next round

Indonesia Davis Cup team intact for next round JAKARTA (JP): The Indonesian Tennis Association (Pelti) will likely retain the current national Davis Cup team after its victory over the Philippines in the first round of the Asia Oceania Zone Group II match last week.

Oil prices fall as OPEC signals all options open

Oil prices fall as OPEC signals all options open LONDON (Reuters): Oil prices slipped on Monday following signals that key producers have not ruled out raising production when output curbs expire at the end of March.Benchmark Brent crude was 31 US cents lower at $26.

10 named for PAN chairmanship

10 named for PAN chairmanship YOGYAKARTA (JP): The Yogyakarta chapter of the National Mandate Party (PAN) has proposed 10 people for the party's chairmanship.These 10 would meet and select PAN's next chairman from among themselves when the party holds its congress here on Thursday.

Sutiyoso unhappy with street beautification

Sutiyoso unhappy with street beautification JAKARTA (JP): Governor Sutiyoso told the City Park Agency on Monday to conduct an integrated design and plan for the city's major streets beautification project."The city administration has allocated Rp 3.

C. Java cyclists eye 5 golds in PON

C. Java cyclists eye 5 golds in PON SEMARANG (JP): Central Java cyclists were expected to win five golds in the 15th National Games (PON) in Surabaya, East Java, coach M. Arifin said on Monday."We are grooming 13 cyclists.

Complaints mark the initial debut of new parking system

Complaints mark the initial debut of new parking system JAKARTA (JP): Complaints over parking attendants' low daily income and improper parking arrangements marked the introduction of the new parking system in the city on Monday.No clear guidelines were provided and at one trial location on Jl.

Russian tanker with Iraqi oil:U.S.

Russian tanker with Iraqi oil:U.S. MUSCAT (AFP): A Russian tanker diverted by the U.S. navy in the Persian Gulf on suspicion of violating sanctions on Iraq, arrived in an Omani port on Monday after U.S. tests showed it was carrying Iraqi oil.

House to qrill BI over legal aid to its employees

House to qrill BI over legal aid to its employees JAKARTA (JP): The House of Representatives' Commission IX on banking and finance will question Bank Indonesia on Tuesday about its recent ruling providing legal protection to its employees.

I never gave the order to kill Gus Dur: Feisal

I never gave the order to kill Gus Dur: Feisal JAKARTA (JP): Former Indonesian Military (TNI) chief Gen. (ret.) Feisal Tanjung on Monday vehemently denied being part of an alleged plan to "eliminate" President Abdurrahman Wahid and Vice President Megawati Soekarnoputri.

IBRA receives five bids for stake in Astra

IBRA receives five bids for stake in Astra JAKARTA (JP): Chairman of the Indonesian Bank Restructuring Agency (IBRA) Cacuk Sudarijanto said on Monday the agency had received at least five bids for its 45 percent stake in the publicly listed auto giant PT Astra International after it opened fresh...

C. Java climbers want 3 golds at PON

C. Java climbers want 3 golds at PON SEMARANG (JP): Central Java climbing team are eyeing three golds in the difficulty, individual and team bouldering events in the 15th National Games (PON) in Surabaya, East Java, the chairman of the Central Javanese chapter of the Indonesian Climbing Federation,...

The UN's former role in Irian Jaya

The UN's former role in Irian JayaBy John Saltford LONDON (JP): Recently declassified United Nations documents shed new light on an episode from the 1960s which should serve as a warning to the organization today.

Five disgraced Brimob sergeants discharged

Five disgraced Brimob sergeants discharged JAKARTA (JP): Five police officers of the Mobile Brigade (Brimob) corps accused of taking part in a violent robbery last week were publicly humiliated on Monday when their commander roughly removed their insignias and berets to mark their dismissal from...

A new law to fight drug abuse

A new law to fight drug abuse The new legislation drafted by the House of Representatives to fight drugs in the country will have little meaning so long as the law continues to discriminate between people.

No misconduct found in use of BI liquidity credits

No misconduct found in use of BI liquidity credits JAKARTA (JP): The House of Representative on Monday said that so far it has found no misconduct over the obtainment and use of Bank Indonesia's emergency liquidity credits by four private banks.

West Jakarta Court drops charges against Zarina

West Jakarta Court drops charges against Zarina JAKARTA (JP): A panel of judges at the West Jakarta District Court on Tuesday dropped the prosecutor's charges against drug suspect Zarina Mirafsur, saying that the indictment was incomplete.

Pertina to select boxers for Olympics

Pertina to select boxers for Olympics JAKARTA (JP): The Indonesian Amateur Boxing Association (Pertina) are to select the boxers to fight for tickets to the 2000 Olympics Games in the final prequalifying round in Bangkok from April 1 to April 7.

Where to go in Bandung for Tuesday, Feb. 8, 2000

Where to go in Bandung for Tuesday, Feb. 8, 2000Performances * Sundanese Traditional Drama: Babad Cirebon Dibagi Dua, Gedung Kesenian Rumentang Siang, Jl. Baranang Siang 1, Kosambi (Phone: 022 4233562), 8 p.m., Feb. 11.

From bad to worse

From bad to worse The Indonesian political situation is going from bad to worse, which should not be the case because of the President's goodwill mission abroad. Everywhere the President goes, he assures foreign governments and Indonesians living abroad that he is in full control of the situation.

Conversion Rates

Conversion RatesBank Indonesia's conversion rates on Feb. 7, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,438.00 7,512.00Australian dollar 1 4,753.63 4,804.68Austrian schilling 1 530.43 535.98Belgian franc 1 180.94 182.83Brunei dollar 1 4,399.88 4,446.29Canadian dollar 1 5,166.

A picture of panic

A picture of panic Many political observers say that the social change Indonesia is going through is happening very slowly because there are so many elements of the old Soeharto regime still playing a role.

Travel agency loses $3,000 in robbery

Travel agency loses $3,000 in robbery JAKARTA (JP): South Jakarta Police detectives are searching for the robber or robbers who broke into the director's office of Batavia Travel agency in the Wisma Harun shop-house complex on Jl. Raya Pasar Minggu.

Jepara produces refined and elaborate weft-ikat

Jepara produces refined and elaborate weft-ikatBy Ahmad Solikhan JEPARA, Central Java (JP): Jepara is not only famous for its beautiful wood carvings and furniture but also well-known as a traditional weft-ikat producer.

President asked to curtail his controversial statements

President asked to curtail his controversial statements JAKARTA (JP): Politicians and observers here decried on Monday President Abdurrahman Wahid's habit of making controversial and often reckless statements during his overseas trips, saying this only served to cause needless confusion at home.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 7, 2000: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 850 0 0 Adindo Foresta Indonesia 825 -50 14,056,000 Alakasa Industrindo 475 0 0 Alfa Retailindo...

Riots leave 199 buildings damaged

Riots leave 199 buildings damaged MATARAM, West Nusa Tenggara: The recent riots in this provincial capital left 199 buildings damaged, an official said on Monday.Secretary of the postriot restoration team Nur Nasution told a media briefing here that the buildings comprised 14 churches and 185...

Asia expected to maintain loose monetary policies

Asia expected to maintain loose monetary policies SINGAPORE (AFP): Most Asian central banks are expected to maintain loose monetary policies in the short term to fuel economic growth despite interest rate hikes last week in the United States and Europe, analysts say.

No compromises on trial: Cambodia

No compromises on trial: Cambodia PHNOM PENH (AFP): The Cambodian government moved on Monday to dismiss speculation it was considering softening its hardline stance of establishing a Khmer Rouge trial in a bid to secure United Nations support.

PT Exspan questioned over technology rights

PT Exspan questioned over technology rights JAKARTA (JP): Oil service company PT Wahana Petranusa questioned on Monday PT Exspan Petrogas Internusa, a unit of oil and gas company PT Medco Energy Corporation, over its rights to use a patented enhanced oil recovery technology.

Tangerang gets new military chief

Tangerang gets new military chief TANGERANG (JP): Lt. Col. Hadi Prasodjo was appointed chief of Tangerang military district, replacing Lt. Col. Meris Wiryadi in a handover ceremony led by Wijayakrama Military Commander Col. Tritamtomo on Monday.

Construction at heritage landmark illegal: Official

Construction at heritage landmark illegal: Official JAKARTA (JP): City Secretary Fauzi Bowo said on Monday that the construction of a four-story office building which demolished part of a heritage landmark, the former Supreme Court building on Jl.

Aceh rights abuse suspect missing after vacation

Aceh rights abuse suspect missing after vacation JAKARTA (JP): Officials here revealed that the key missing witness in the prosecution of alleged human rights abuses in Aceh is actually a suspect who disappeared after obtaining permission to go on vacation.

Govt bonds have yet to lure foreign buyers

Govt bonds have yet to lure foreign buyers JAKARTA (JP): The government's multibillion dollar bonds traded on the local market last week have yet to attract foreign investors given the uncertainty in the monetary field.

Time to step down

Time to step down In most democracies, when a government minister is implicated in any type of misconduct, even a relatively minor financial or sexual scandal, he usually tenders his resignation without delay.

Newcrest reopens RI unit

Newcrest reopens RI unit MELBOURNE (Dow Jones): Australia's Newcrest Mining Ltd. said Monday it has resumed mining operations at its Gosowong gold mine on the Indonesian island of Halmahera.Processing was disrupted for seven days after civil unrest on the island caused an evacuation of 300 people...

Ex-regent gets one-year jail term

Ex-regent gets one-year jail term PADANG, West Sumatra: The nation-wide antigraft campaign against past corruption took a new toll on Monday with the imprisonment for one-year of former Padang Pariaman regent, Nasrul Syahdun, and his former assistant, Masri Kasim.Presiding judge, M.

Cell phone battle leads to 136 arrests

Cell phone battle leads to 136 arrests KUALA LUMPUR (AFP): A squabble over a mobile phone sparked a pitched battle in Malaysia between rival groups of Indonesian construction workers in which some 100 workers' quarters were torched, reports said on Monday.

Two missing in flood

Two missing in flood PURBALINGGA, Central Java: Two people, Mahyuni, 20, and Mihardji, 60, are feared to have died after being drowned in the troubled Gintung River on Sunday.A number of rivers across the province burst their banks after persistent rainfall since Saturday.

RI, Korea businessmen to meet

RI, Korea businessmen to meet JAKARTA (JP): More than 100 Indonesian businesspeople will hold talks with their South Korean counterparts in Seoul to coincide with President Abdurrahman Wahid's two-day state visit beginning on Thursday.Soy M.

Army responsible for Maluku riots: Tamrin

Army responsible for Maluku riots: Tamrin JAKARTA (JP): The continuing conflict in Maluku falls into line with the Army's struggle to protect its political and economic interests following the end of the New Order regime, a member of reconciliatory team in the territory says.

Rebuilding begins in riot-torn Maluku

Rebuilding begins in riot-torn Maluku AMBON, Maluku (JP): The government has begun rebuilding 20 mosques and churches which were burned during the year-long sectarian clashes here.Maluku Governor Saleh Latuconsina said here Monday the reconstruction project would include the repair of some 3,000...

Govt rejects 100% hike in salaries

Govt rejects 100% hike in salaries JAKARTA (JP): Minister of Finance Bambang Sudibyo said on Monday it was impossible for the government to fulfill the demand from the House of Representatives to raise the salaries of government employees by 100 percent this year.

Sunarto reelected Surabaya mayor

Sunarto reelected Surabaya mayor SURABAYA: The incumbent Surabaya mayor, Sunarto Sumoprawiro, was reelected to another five-year term on Monday. One contender, Soetikno, from the Indonesian Democratic Party of Struggle (PDI Perjuangan), was knocked out of the race for a past crime.

Asian monies mixed in Lunar New Year trade

Asian monies mixed in Lunar New Year trade SINGAPORE (Dow Jones): Asian currencies were mixed in late Asian trading Monday after a subdued and illiquid session due to the Lunar New Year holiday, which closed the key regional financial centers of Hong Kong and Singapore.

ADB to coordinate Timor aid

ADB to coordinate Timor aid MANILA (AFP): The Asian Development Bank (ADB) has agreed to coordinate foreign assistance for non-member East Timor, the Philippines-based lender said Monday.ADB vice president Peter Sullivan met here with the former Portuguese territory's independence leaders Xanana...

Guard arrested for alleged rape

Guard arrested for alleged rape JAKARTA (JP): The North Jakarta Cempaka Putih police precinct arrested a member of local civil defense for allegedly raping a domestic helper in the area.Edi Supangat, 25, was arrested in the morning following a report made by Tuminah, 21, who claimed that she had...

Greenpeace to set up SE Asian HQ

Greenpeace to set up SE Asian HQ BANGKOK (AFP): Environmental watchdog Greenpeace announced on Monday it would set up a Southeast Asian headquarters in Bangkok as part of a new focus on the region.Regional project director Lyn Goldsworthy said in a statement that the office would boost the lobby...

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Songs 9:00 Music 10:30 Interval 2:00 p.m. News 2:30 TV Series 3:00 Music 4:00 Regional News 4:30 Documentary 5:30 Sports 6:00 Music 6:30 News (in English) 7:00 Evening News 7:30 TV Drama 8:00 Music 9:00 World News 9:35 Talk Show...

Bullet found at legislator office

Bullet found at legislator office JAKARTA (JP): A bullet was fired through the window of a legislator's office on the 16th floor of the House of Representatives/People's Consultative Assembly (DPR/MPR) building sometime over the weekend.Office staffer Khairuddin found a 4.

Chase executive leads investors on Jakarta visit

Chase executive leads investors on Jakarta visit JAKARTA (JP): New York-based Chase Manhattan Bank is leading a group of institutional investors from the United States, Europe and Asia to look for business opportunities in Indonesia.

KONI urges group to honor promises

KONI urges group to honor promises JAKARTA (JP): National Sports Council (KONI) chairman Wismoyo Arismunandar urged the 1997 Southeast Asian (SEA) Games underwriting consortium to fulfill its obligation to pay the insurance premiums for Games medalists.

On human rights law

On human rights law In referring to Compromises vital to settle debate on human rights bill (The Jakarta Post, Feb. 5, 2000), I also refer to previous remarks by the minister of law and legislation in November 1999, about which I commented in my letter of Nov. 24, 1999.

Inflation, recovery may spur ringgit revaluation

Inflation, recovery may spur ringgit revaluationBy M. Jegathesan KUALA LUMPUR (AFP): As Malaysia gingerly moves towards economic recovery, pundits say it is time to strengthen its currency, the ringgit, to head off inflation which may be fueled by high import costs.

Astra meeting

Astra meeting Regarding your article titled Astra meeting may become showdown published on Feb. 7, I would like to make several clarifications.First, the sale of Astra Securities is not related to Mohamad "Bob" Hasan as implied by your article.

Irian to send 19 fighters to PON

Irian to send 19 fighters to PON JAYAPURA (JP): The Irian Jaya chapter of the Indonesian Pencak Silat Association (IPSI) will send 19 fighters to the 15th National Games (PON) in Surabaya, East Java.The chapter's chairman Ishak Montolalu said he had not set a medal target for his team.

President likely to pardon Wiranto if found guilty

President likely to pardon Wiranto if found guilty BRUSSELS (JP): President Abdurrahman Wahid indicated that if former Armed Forces Chief Gen. Wiranto is found guilty of human rights violations in East Timor, he would legally pardon him and most likely dismiss him from his official cabinet post.

Tumenggung Tarib wages peaceful resistance against loggers

Tumenggung Tarib wages peaceful resistance against loggers JAKARTA (JP): Tumenggung Tarib, the "Tarzan" has never formally learned about conservation but, obviously, he knows it better than the more "civilized" timber-hungry people from outside the jungle.

Forest team to probe corruption

Forest team to probe corruption JAKARTA (JP): The ministry of Forestry and Plantation together with the Attorney General's Office is establishing a team to probe suspected corruption in the forestry sector which include a misuse of funds by concessionaires owned by former President Soeharto's...

What name befits our nation?

What name befits our nation?From PelitaThe clashes in Maluku and Aceh continue and we do not know when they will end. They greatly distress and really disgrace Indonesians who used to be known for their friendliness, civilized attitude, religiousness and harmonious way of life in the world.

26 arrested for allegedly masterminding Luwu feuds

26 arrested for allegedly masterminding Luwu feuds LUWU, South Sulawesi (JP): Local police and military troops have arrested 26 people for their alleged involvement in the two- year-long ethnic clashes in Luwu and North Luwu regencies.Local police chief Lt. Col.

ISSI disappointed with Tour de Langkawi's result

ISSI disappointed with Tour de Langkawi's result JAKARTA (JP): The deputy secretary-general of the Indonesian Cycling Association (ISSI), Sofian Ruzian, expressed his disappointment with the performance of Indonesian cyclists in the Tour de Langkawi in Malaysia.