Indonesian Political, Business & Finance News

Archive: 24 March 2000

52 articles found

Parking fee hike decision condemned by policy observer

Parking fee hike decision condemned by policy observer JAKARTA (JP): A city policy observer criticized the city administration for imposing a parking fee increase on Thursday.Ali Wongso Sinaga, executive director of the Regional Empowerment Study Center -- a city policy analysis body consisting of...

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition: Pameraya 2000 by H. Widayat at the National Gallery, Central Jakarta, until March 31. * Painting Exhibition by Satya Graha, at Galeri Milenium, Golden Plaza complex, Blok B-23, Jl. R.S. Fatmawati No. 15, South Jakarta (Phone: 7507828), 10 a.

Pampering high-level officials

Pampering high-level officials Civil servants will be on the march. This is the threat they have made, as reported by several newspapers. The reason is that extra allowances for high-level government officials, whose basic salaries are already considered high, will be raised by as much as 12 times...

UK firm regrets local court decision

UK firm regrets local court decision JAKARTA (JP): Bankers Trust International PLC. of the United Kingdom has expressed dismay at a local court's refusal to honor the international arbitration court's ruling on its derivative case against publicly listed PT Mayora Indah.

BI has new deputy governor

BI has new deputy governor JAKARTA (JP): The House of Representatives finally appointed on Thursday Aulia Pohan as deputy governor of Bank Indonesia.Aulia received the largest vote from 32 members of the House commission IX on banking and state budget.

Toll increase deemed inevitable by Jasa Marga

Toll increase deemed inevitable by Jasa Marga JAKARTA (JP): While indicating the company's increasing maintenance expenses, executives of state toll road operator PT Jasa Marga hinted on Thursday the need to simultaneously increase tolls by 30 percent.

Government insists on out of court settlement for Newmont tax dispute

Government insists on out of court settlement for Newmont tax dispute JAKARTA (JP): Minister of Mines and Energy Susilo Bambang Yudhoyono emphasized on Thursday that the tax dispute between gold mining company PT Newmont Minahasa Raya and the Minahasa regency in North Sulawesi should be resolved...

Medical team to decide fate of Juana, Indriyani

Medical team to decide fate of Juana, Indriyani JAKARTA (JP): Athletes need to have mounting enthusiasm prior to competition, but when illness or injury strikes, they must cope with a situation for which they haven't trained.

Car assemblers complain of unfair competition

Car assemblers complain of unfair competition JAKARTA (JP): Car assemblers have been complaining about unfair competition from luxury automobiles imported in completely-built up (CBU) form as the base prices used for customs and tax valuation are often much lower than comparable prices overseas.

House backs cell phone operators' policy on rates

House backs cell phone operators' policy on rates JAKARTA (JP): The House of Representatives agreed on Thursday to a proposal from local cellular phone operators to change their current government-regulated charge scheme to a market-driven one.

School buildings burned in Aceh

School buildings burned in Aceh BANDA ACEH, Aceh: Unidentified groups burned 11 school buildings in North Kluet in South Aceh in early hours on Wednesday, leaving Rp 1.8 billion in losses, police said.Aceh Police spokesman Lt. Col. Safri D.M. said on Thursday. the incident occurred between 11.30 p.

The response to tuberculosis is in our hands

The response to tuberculosis is in our handsBy Chris W. Green Each year tuberculosis takes the lives of up to three million people worldwide, and in Indonesia it remains a major killer, ranking third in recent years on mortality lists.

British films: Free, monthly and back again

British films: Free, monthly and back again JAKARTA (JP): The hard-working taxpayers of Britain, whether they know it or not, are inviting anyone who wants to come to the cinema. On a once-a-month basis.

President accepts secretary Ratih's resignation

President accepts secretary Ratih's resignation JAKARTA (JP): President Abdurrahman Wahid has accepted the resignation of his secretary Ratih Hardjono, acting State Secretary Bondan Gunawan disclosed on Thursday.

The brain drain, curse for the third world

The brain drain, curse for the third worldBy Michael Kibaara Muchiri. YOGYAKARTA (JP): The developed world has systematically cannibalized anything good from the Third World. With the capability to buy anything from well-trained but poorly remunerated human resources to offering enticing green...

15 questioned over electricity theft

15 questioned over electricity theft JAKARTA (JP): City police are questioning 15 people in connection with the alleged stealing of electricity at 14 major hotels and apartments, a police source said on Thursday.

Payment authorization provider takes to Net

Payment authorization provider takes to Net JAKARTA (JP): PT Cipas Indonesia, the country's first credit card authorization service provider on the Internet, formally launched its operations on Thursday.

Court initiates trial of hairdressers' murder

Court initiates trial of hairdressers' murder BOGOR (JP): The Bogor District Court started on Wednesday the trial of Dicky Kurniadi, 20, who is accused of murdering hairdresser Adrian Suryadi, alias Oy Beng Liat, and his friend Surya Teguh Wijaya at the Danau Bogor Raya housing complex early last...

Investigators unsure of Marsinah case

Investigators unsure of Marsinah case SURABAYA: An investigation team set up by the East Java provincial legislature expressed pessimism over its chance to uncover the alleged involvement of military and police personnel in the 1993 murder of labor activist Marsinah.

SE Asia to grow 4.5% this year, IMF predicts

SE Asia to grow 4.5% this year, IMF predicts BANDAR SERI BEGAWAN (AFP): Southeast Asia's economy should expand by 4.5 percent this year, the International Monetary Fund (IMF) said Thursday, warning that complacency in sustaining reforms is the biggest risk.

Prison fails to report detainee's escape to police

Prison fails to report detainee's escape to police JAKARTA (JP): Police have not been notified that a detainee of Salemba Penitentiary in Central Jakarta escaped while being escorted by prison guards to Graha Medika Hospital in Kebun Jeruk, West Jakarta, on March 13.

Anwar defense seeks PM witness

Anwar defense seeks PM witness KUALA LUMPUR (Reuters): A Malaysian judge said on Thursday that Anwar Ibrahim's defense would have to show that Prime Minister Mahathir Mohamad helped frame his ex-deputy before he would be called to testify in Anwar's sex trial.

Swimming officials to resign due to internal dispute

Swimming officials to resign due to internal dispute JAKARTA (JP): The Indonesian Swimming Federation (PRSI) official in charge of athletes development, Patuan Simatupang, said on Thursday that some officials wanted to resign from their posts due to internal disputes.

Reform and the cigarette industry

Reform and the cigarette industryBy Hans W. Vriens HONG KONG (JP): Indonesia is in the middle of a political, social and economic transformation as fundamental as what Central Europe had to go through after the fall of the Berlin Wall in 1989.

Astaga!com has new features

Astaga!com has new features JAKARTA (JP): Local on-line news portal operator Astaga!com said on Thursday it had installed a new server in the United States to allow its users to have faster access to the site.

Two groups submit bid for IBRA's Astra stake

Two groups submit bid for IBRA's Astra stake JAKARTA (JP): Only two of the three shortlisted investor consortia submitted final bids for the Indonesian Bank Restructuring Agency's (IBRA) 45 percent stake in PT Astra International on Thursday, and the winner will be announced on Friday, one day...

Oil price slips in Asia

Oil price slips in Asia SINGAPORE (Reuters): Crude prices in Asia weakened on Thursday as major oil consumer the United States stepped up pressure on producers to relax export curbs soon.May New York Mercantile Exchange (NYMEX) crude futures traded at $27.

Carrefour opens new outlet in Ratu Plaza

Carrefour opens new outlet in Ratu Plaza JAKARTA (JP): French hypermarket chain New Carrefour opened a new outlet in Ratu Plaza in South Jakarta on Wednesday as part of its expansion program in Indonesia.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Mar. 23, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,389.00 7,463.00Australian dollar 1 4,457.04 4,505.41Austrian schilling 1 515.88 521.26Belgian franc 1 175.97 177.81Brunei dollar 1 4,312.23 4,357.96Canadian dollar 1 5,020.

ASEAN ministers to focus on reform program

ASEAN ministers to focus on reform programBy Martin Abbugao BANDAR SERI BEGAWAN (AFP): Southeast Asian finance ministers are set to gather here this weekend to review the pace of economic reforms three years after the region's financial crisis.

Speedboats crash in Maluku

Speedboats crash in Maluku AMBON, Maluku: Two speedboats collided off the Batu Merah and Rumah Tiga waters in Teluk Ambon on Thursday morning, leaving five people severely injured.One of the boats was leaving Batu Merah and the other was on its way to Galala village when the accident took place at...

Pressure mounts on Abdurrahman not to ratify security bill

Pressure mounts on Abdurrahman not to ratify security bill JAKARTA (JP): Calls for President Abdurrahman Wahid not to ratify the controversial state security bill continued on Thursday with the Foundation of the Indonesian Legal Aid Institute (YLBHI) officially sending a letter requesting a review...

SIA to help promote Indonesian tourism

SIA to help promote Indonesian tourism JAKARTA (JP): Singapore Airlines (SIA) pledged on Thursday to spend US$3 million over the next two years to promote Indonesia in high potential tourist markets in Europe, the United States and Asia.

Maintain the decree on communism: MUI

Maintain the decree on communism: MUI JAKARTA (JP): The Indonesian Ulemas Council (MUI) called on the government and the People's Consultative Assembly (MPR) to uphold the 34-year-old ban of communist teaching.

Fuel coupon system axed for cash aid

Fuel coupon system axed for cash aid JAKARTA (JP): The government, in abandoning the planned fuel coupon system, has decided to distribute cash aid to the poor instead. A staff expert at the Ministry of Mines and Energy, Iin Arifin Takhyan, said on Thursday evening that the government decided to...

TB remains killing disease in Indonesia; ranked number three

TB remains killing disease in Indonesia; ranked number three JAKARTA (JP): Do not assume you are free from infection with tuberculosis (TB), even though the disease is commonly found among refugees in emergency centers during a crisis.

Betawi cultural reserve plan criticized

Betawi cultural reserve plan criticized JAKARTA (JP): A senior expert of Betawi culture insisted on Thursday that the proposal to develop a 150-hectare Betawi cultural reserve in Srengseng Sawah, South Jakarta, was politically motivated.

Most distribution networks operate in Java

Most distribution networks operate in Java JAKARTA (JP): Distribution networks of manufactured goods in the country are mostly located in Java due to the lack of demand in other parts of the country.According to a three-month survey conducted by research company, Business Intelligent Report (BIRO),...

No letup in security approach spells trouble in Irian Jaya

No letup in security approach spells trouble in Irian Jaya Treating forms of protests as a crime may be outdated, but it is still the more popular, fatal practice in Irian Jaya, rights activist John Rumbiak told The Jakarta Post.

Soeharto to be summoned again

Soeharto to be summoned again JAKARTA (JP): The Attorney General's Office will next week once again summon former president Soeharto as a suspect over alleged corruption after an independent medical report confirmed that he was fit to undergo questioning."We will be issuing a new summons to Mr.

Election body elects presidium in place of chairman Rudini

Election body elects presidium in place of chairman Rudini JAKARTA (JP): Amid reports of corruption, the General Election Commission (KPU) elected a presidium to replace its chairman Rudini, who recently requested resignation for health reasons.

Malaysians detain foreign fishermen

Malaysians detain foreign fishermen KUALA LUMPUR (AFP): Malaysia's fisheries department has detained a Vietnamese trawler and its crew of 12 for fishing in Malaysian waters off the northeast state of Terengganu, the official Bernama news agency said on Thursday.

Solution for East Timorese refugees

Solution for East Timorese refugees Indonesia has decided to halt aid to refugees from East Timor starting on March 31, 2000. The decision has been protested by the UN High Commissioner for Human Rights (UNHCR).

Makassar sees no kerosene

Makassar sees no kerosene MAKASSAR, South Sulawesi: Kerosene has been missing from the market in the past couple of weeks here, stirring anxiety among thousands of the city's residents."I have not sold kerosene over the past week as the agent of (state oil company) Pertamina stopped operating,"...

Agus ready to help boost shuttlers' fighting spirit

Agus ready to help boost shuttlers' fighting spirit JAKARTA (JP): Badminton Association of Indonesia (PBSI) vice chairman Agus Wirahadikusumah said on Thursday that he would not walk away from his responsibilities in the organization due to the athletes' request that he be more active in PBSI.

Strong waves hit fishing village

Strong waves hit fishing village DENPASAR, Bali: Hundreds of members of fishermen's families are being sheltered at local government offices in Candikusuma district, Jembrana, about 140 kilometers west of here, after their homes were torn apart by strong waves on Tuesday.

Villas demolition plans delayed

Villas demolition plans delayed BOGOR (JP): The local authorities here have decided to delay their plans to demolish 32 villas located at the Gunung Mas tea plantation of the state-owned plantation firm PTPN VIII in the popular mountain resort of Puncak.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Mar. 23, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 775 0 0 Adindo Foresta Indonesia 600 -25 9,109,000 Alakasa Industrindo 325 0 0 Alfa Retailindo 975 -25...

Refrain from driving on Earth Day: Government

Refrain from driving on Earth Day: Government JAKARTA (JP): A senior government official has suggested that Indonesians limit the use of their cars and motorbikes for one day on April 23 to commemorate Earth Day and raise environmental awareness.

Workers start removal of 'So Klin' billboards

Workers start removal of 'So Klin' billboards JAKARTA (JP): Following City Traffic and Land Transportation Agency (DLLAJ) orders, workers started on Thursday dismantling billboards displaying advertisements for "So Klin" detergent.

Protesters take governor hostage

Protesters take governor hostage PEKANBARU, Riau: Governor Saleh Djasit and Riau regents, mayors and district heads were taken hostage by hundreds of protesters who attacked the gubernatorial building here Wednesday night, Antara reported.The hostage drama began at 9:30 p.m.

Rizal Ramli to lead Bulog

Rizal Ramli to lead Bulog JAKARTA (JP): Rizal Ramli, Managing Director of Econit economic research institute, confirmed on Thursday he had accepted President Abdurrahman Wahid's offer to lead the National Logistics Agency (Bulog).