Indonesian Political, Business & Finance News

Archive: 21 March 2000

46 articles found

Dea wins Malaysia Int'l

Dea wins Malaysia Int'l JAKARTA (JP): Indonesian Dea Sumantri buckled down for the tennis title in the girls singles of the Malaysia International Junior Group 3 in Kuala Lumpur, defeating Ayano Taekushi of Japan 6-1, 2-6, 6-1 in the final on Sunday.

Attuning politics to economics

Attuning politics to economics Unless oil fuel prices are raised, the International Monetary Fund is likely to withhold its assistance and, as Coordinating Minister for Economy, Finance and Industry Kwik Kian Gie has said, such a delay would upset the routine state budget -- which would endanger...

Conversion Rates

Conversion RatesBank Indonesia's conversion rates on March 20, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,403.00 7,477.00Australian dollar 1 4,486.96 4,535.55Austrian schilling 1 522.72 528.21Belgian franc 1 178.30 180.18Brunei dollar 1 4,308.83 4,354.43Canadian dollar 1 5,032.

Legislators say put MRT project in gear

Legislators say put MRT project in gear JAKARTA (JP): Governor Sutiyoso's wish to immediately start a Mass Rapid Transit (MRT) project in the capital won backing on Monday from members of the House of Representatives (DPR).

Horizon.Com wins RI contract

Horizon.Com wins RI contract SINGAPORE (Dow Jones): A unit of Horizon.Com Ltd., a Singapore Internet company, said Monday that it has received a US$9 million contract to build, operate and manage a broadband-based service in Indonesia.

13 years jail for Agus Isrok's accomplice

13 years jail for Agus Isrok's accomplice JAKARTA (JP): A prosecutor demanded on Monday that the Central Jakarta District Court sentence drug defendant Donny Hendrian, an alleged accomplice of Army Second. Lt.

Fakfak regent mobbed

Fakfak regent mobbed FAKFAK, Irian Jaya: Just two days after assuming his new post, Wahiddin Puarara, the new regent of Fakfak, was mobbed by some 150 people on Sunday, with the regent's adjutant shooting one of the attackers.

State firms suffer losses of $6.39b

State firms suffer losses of $6.39b JAKARTA (JP): Finance minister Bambang Sudibyo said on Monday that 20 state-owned companies suffered combined financial losses of Rp 47.65 trillion (US$6.39 billion) last year.The giant Bank Mandiri experienced the largest loss of Rp 38.

Ratih may quit her post soon

Ratih may quit her post soon JAKARTA (JP): Presidential secretary Ratih Hardjono has tendered her letter of resignation, a State Palace official has said.Head of the press and media bureau at the Presidential Secretariat, Dharmawan Ronodipuro, told The Jakarta Post on Monday night that Ratih wanted...

Bogor public bus drivers strike over rampant levies

Bogor public bus drivers strike over rampant levies BOGOR (JP): Thousands of public minivan drivers staged a massive strike over the widespread use of levies on Monday, leaving thousands of passengers stranded.

Legislators support Newmont in tax dispute

Legislators support Newmont in tax dispute JAKARTA (JP): Some members of the House of Representatives Commission VIII for mines and energy have given their support to gold mining firm PT Newmont Minahasa Raya on the latter's dispute with the Minahasa regency in North Sulawesi over alleged unpaid...

'Paradis', a slice of heaven for urban art devotees

'Paradis', a slice of heaven for urban art devoteesBy Rusdy Rukmarata JAKARTA (JP): Is it possible to see people break-dancing, headspins and all, to Baroque music? In Paradis you can; at least in Jose Montalvo's version of paradise, you can even see more bizarre situations become natural.

Local interest rate to stay low despite U.S. rate hike

Local interest rate to stay low despite U.S. rate hike JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin reaffirmed on Monday that the central bank would not raise interest rates even if the U.S. Federal Reserve increased its rate this week.Sjahril said that an increase in the U.S.

Indonesia loses bid to host 2002 W. Cup qualifying

Indonesia loses bid to host 2002 W. Cup qualifying JAKARTA (JP): Indonesia lost in its bid to host the Asian Group 9 prequalifying round of the 2002 World Cup next year, spokesman of the Soccer Association of Indonesia (PSSI) Eddi Elison said on Monday.

Party leaders urge an end to political violence

Party leaders urge an end to political violence SURABAYA (JP): The recent cases of political violence will endanger the country's democratization and reform process and may lead to a new form of tyranny, politicians said here on Monday.Speaking in a seminar, Maj. Gen.

S. Korean officials here for talks

S. Korean officials here for talks JAKARTA (JP): Five members of the South Korean National Assembly, headed by Speaker Park Jyun Kyu, arrived here on Monday for a three-day visit to discuss programs to further improve bilateral cooperation.

Dramatic praise for Gus Dur

Dramatic praise for Gus Dur I love and am proud of President Abdurrahman Wahid, better known as Gus Dur. Why? Simply and obviously because Gus Dur loves all who God has created and whom God has always taken care of, even when our Creator knows very well that none is righteous enough to deserve His...

Indonesia-Australia relations: After fear, before justice

Indonesia-Australia relations: After fear, before justiceBy Richard Tanter This is the first of two articles on RI-Australia relations. ALICE SPRINGS, Australia: It's a bad time to talk about relations between Indonesia and Australia as if ethics were important.

Government to probe alleged corruption in KPU: Surjadi

Government to probe alleged corruption in KPU: Surjadi JAKARTA (JP): Minister of Home Affairs Surjadi Soedirdja said the government would look into the alleged embezzlement of some Rp 117 billion by the General Elections Commission (KPU) during last year's general election.

Wiranto asked to counsel dissident military chief

Wiranto asked to counsel dissident military chief JAKARTA (JP): President Abdurrahman disclosed on Monday that he had entrusted inactive coordinating minister for political affairs and security Gen. Wiranto to cope with the dissenting regional military commander.

Indonesian girls 'sold' by parents to work in Malaysia

Indonesian girls 'sold' by parents to work in Malaysia KUALA LUMPUR (AFP): Indonesian teenage girls are being "sold" by impoverished parents and brought to neighboring Malaysia on forged passports to work illegally, a report said Monday.

Airport employees go on strike, flights continue

Airport employees go on strike, flights continue JAKARTA (JP): Some 100 airport employees went on strike at Soekarno-Hatta International Airport on Monday demanding national flag carrier PT Garuda Indonesia restore their status as government employees within the airline.

Some 40,000 Indonesian sailors feared to lose jobs in 2001

Some 40,000 Indonesian sailors feared to lose jobs in 2001 JAKARTA (JP): As many as 40,000 Indonesian sailors could lose their jobs next year because their skills do not meet the standards set by the International Maritime Organization (IMO), the minister of sea exploration and fisheries said on...

General's lawyers to visit prosecutors

General's lawyers to visit prosecutors JAKARTA (JP): A team of lawyers representing Indonesian Military (TNI) generals allegedly involved in last year's violence in East Timor is to visit the Attorney General's Office on Tuesday to clarify the planned questioning of its clients.

Military owes Rp 23b to PLN

Military owes Rp 23b to PLN PURWOKERTO, Central Java (JP): Military offices owe some Rp 23 billion (US$3.1 million) in overdue accounts to Perusahaan Listrik Negara (PLN), the state owned electricity company's president Kuntoro Mangkusubroto has said.

Official says fuel coupon system is safe from misuse

Official says fuel coupon system is safe from misuse JAKARTA (JP): The coupon system designed by the government to protect public bus passengers and poor families from the increase in fuel prices is safe from misuse, a top government official said on Monday.

Legislators held hostage

Legislators held hostage MEDAN, North Sumatra: Civilian guards of the Indonesian Democratic Party of Struggle (PDI Perjuangan) are holding hostage 16 local legislators representing the party, whom they accuse of practicing money politics during a vote to elect the city's mayor and deputy mayor on...

Teak wood theft costs Rp 37b

Teak wood theft costs Rp 37b SEMARANG, Central Java: The amount of teak wood plundered in 1999 increased to 2.4 million trees from 888,000 in 1998, an official said on Monday.Oding Abdul Kadir, the Central Java director of state forestry firm Perum Perhutani, told reporters that the theft resulted...

China, South Korea take titles in Swiss Open

China, South Korea take titles in Swiss Open JAKARTA (JP): China and South Korea dominated the final matches of the four star Swiss Open in Basel, Switzerland, on Sunday by collecting three and two titles respectively.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 20, 2000: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 775 -25 5,000 Adindo Foresta Indonesia 625 0 1,059,000 Alakasa Industrindo 450 0 0 Alfa Retailindo 925...

Matori's attacker buried

Matori's attacker buried JAKARTA (JP): The decomposed body of the man who attacked the chairman of the National Awakening Party (PKB), Matori Abdul Djalil, on March 5 was finally buried as an unidentified body at Pondok Ranggon graveyard in East Jakarta on Monday.

Tanri Abeng slapped with travel restriction

Tanri Abeng slapped with travel restriction JAKARTA (JP): Immigration officials on Monday said that former state minister of the empowerment of state enterprises Tanri Abeng has been slapped with an overseas travel ban as he is being investigated as a suspect in the Bank Bali scandal.

Bakrie Finance survives secondary bankruptcy threat

Bakrie Finance survives secondary bankruptcy threat JAKARTA (JP): Finance company PT Bakrie Finance Corporation (BFC) has, for the second time, survived a bankruptcy threat at the Jakarta Commercial Court, a lawyer said.

Problem of newly graduated doctors

Problem of newly graduated doctors Referring to the article What's up, Doc? by Carl Chairul in The Jakarta Post on March 5, 2000, I would like to make some comments.In my opinion, the vicious circle of the health service is caused in some part by "out-of-date" health regulations which do not fit in...

East Java zoo adoption program looking for foster parents

East Java zoo adoption program looking for foster parentsText and photos by Gin Kurniawan PASURUAN, East Java (JP): Three tiger cubs were seen tugging at each other's legs. They playfully pressed each other down and then scampered about.

Intervention blocks Taiwan dollar fall

Intervention blocks Taiwan dollar fall HONG KONG (Dow Jones): Massive intervention by the Taiwanese central bank blocked a potential free-fall in the New Taiwan dollar during Asian dealing Monday as market participants scrambled to sell the local currency following opposition candidate Chen...

Buses exempt from toll hike

Buses exempt from toll hike JAKARTA (JP): Public transportation will be exempt from the planned increase in tolls so that the rise will not be an additional burden to the poor, an executive of a major toll operator said on Monday.Frans S.

CN 235 for Asian Spirit

CN 235 for Asian Spirit BANDUNG (JP): State-owned aircraft company IPTN handed over a 40-seat CN 235 aircraft to Asian Spirit Philippines here on Monday.IPTN human resources development and administrative affairs manager Jusman SD represented IPTN at the handover ceremony, and Asian Spirit was...

Woman grilled over series of jewel thefts

Woman grilled over series of jewel thefts JAKARTA (JP): Pamulang police detectives are questioning a woman arrested early this month in connection with a series of jewel heists worth Rp 60 million (US$8,000) at two separate places in Pamulang, South Jakarta.Following her arrest on March 3, Irma F.

Negligence blamed in most fires: Official

Negligence blamed in most fires: Official JAKARTA (JP): A fire official warned residents on Monday to be careful in handling inflammable items in their houses because most fires were caused by people's negligence.

Police arrest three in Rp 250m robbery of batik

Police arrest three in Rp 250m robbery of batik JAKARTA (JP): Jakarta Police Mobile Detectives (Resmob) arrested three men in connection with the December robbery of 15 tons of batik worth about Rp 250 million (US$33,400), an officer said on Monday.Resmob chief Capt.

Managing Pertamina

Managing Pertamina First, I would like to congratulate Mr. Baihaki Hakim on his appointment as Pertamina president director. As a former president director of PT Caltex Pacific Indonesia, the largest producer among Pertamina's Production Sharing Contractors (PSC) in Indonesia, I believe no one will...

'Antara' news agency gets new chief

'Antara' news agency gets new chief JAKARTA (JP): Columnist and writer Mohamad Sobary was installed on Monday as head of the Antara news agency, replacing Parni Hadi, with a specific task of making the state agency more independent.

Where to go in Bandung:

Where to go in Bandung:Exhibition* Sculpture Exhibition: The Masterpieces of Choquie Hutagalung wood sculpture, relief, furniture, log wood, interior elements, at the lobby area, Grand Hotel Preanger Bandung, Jl. Asia Afrika No. 81 (Phone: 022-431631), 9 a.m. to 9 p.m., until March 31.

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...

Akbar Tandjung set for presidential nomination

Akbar Tandjung set for presidential nomination JAKARTA (JP): Golkar Party chairman Akbar Tandjung said on Monday that he was ready for the presidential race in 2004.But like many other politicians who refrain from outspokenness, Akbar played down his candidacy, saying it was too early to discuss...