Indonesian Political, Business & Finance News

Archive: 5 April 2000

54 articles found

Conversion Rates

Conversion RatesBank Indonesia's conversion rates on April 3, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,592.00 7,668.00Australian dollar 1 4,604.55 4,654.48Austrian schilling 1 526.08 531.62Belgian franc 1 179.45 181.34Brunei dollar 1 4,429.40 4,476.36Canadian dollar 1 5,236.

Agreement on natural resources sought

Agreement on natural resources sought JAKARTA (JP): Recent conflicts related to the exploitation of natural resources have led to fears of increased clashes of interest among investors, local communities, and the government.

Activities in Bali brought to a halt

Activities in Bali brought to a halt DENPASAR, Bali (JP): Activities on the tourist island of Bali came to a halt on Tuesday as the predominantly Hindu population observed the Hindu Day of Silence (Nyepi).

Japan offers counter-piracy program

Japan offers counter-piracy programBy Santo Darmosumarto JAKARTA (JP): Reports of piracy in the Asia-Pacific region denote the phenomenon's continued security threat to regional waterways, which comprise some of the busiest shipping lanes in the world.

Main issues of Dutch colonialism

Main issues of Dutch colonialism The exchange of views on the issue of Dutch colonialism in Indonesia has deteriorated a bit into the personal salvos of sneering, while the main issues actually are: 1. The colonization of the Indonesian archipelago by the Dutch East Indies (VOC) and later the...

Governor asks court to drop 'becak' suit

Governor asks court to drop 'becak' suit JAKARTA (JP): Governor Sutiyoso demanded the Central Jakarta District Court on Monday to drop a civil lawsuit filed by becak (pedicab) drivers against his decision to uphold a 1988 bylaw that prohibits becak operation in the city, accusing the lawsuit as...

No paper

No paper In observance of the Islamic New Year, The Jakarta Post will not be published on Thursday. The Post will appear again on Friday. -- Publisher

Govt to control multilevel marketing

Govt to control multilevel marketing JAKARTA (JP): The Ministry of Industry and Trade has issued a a decree to regulate multilevel marketing businesses and to protect the public from fraud, a top official of the ministry said on Monday.

Census taking in June

Census taking in June JAKARTA (JP): The city office of the Central Bureau of Statistics (BPS) will conduct a monthlong census in June, an official said on Monday.Chief of BPS' Jakarta office Jasa Bangun said the census, held once every 10 years, will collect data on gender classification, age,...

Aceh People's Congress rejects security deployment

Aceh People's Congress rejects security deployment BANDA ACEH, Aceh (JP): The Aceh People's Congress (KRA) organizers rejected on Tuesday the massive deployment of around 1,700 elite Police Mobile Brigade (Brimob) officers to secure the week-long event which is slated to start here on April 22.

TNI to study lifting ban on communism

TNI to study lifting ban on communism JAKARTA (JP): The Indonesian Military (TNI) said on Monday that it would study President Abdurrahman Wahid's repeated calls for lifting the ban on communism."We will study the idea carefully and thoroughly so that we can give an opinion to the People's...

Soeharto questioning cut short

Soeharto questioning cut short JAKARTA (JP): The initial questioning of former president Soeharto for alleged corruption during his 32-year rule was cut short on Monday for medical reasons.A joint team of doctors advised five visiting prosecutors from the Attorney General's Office to cease the...

Multatuli's message

Multatuli's message Any exchange of views that occurs between an expatriate and an Indonesian reader in the readers forum of The Jakarta Post on a topic that bears an instructive message must certainly be welcome.

Steel dumping probe to be completed soon

Steel dumping probe to be completed soon JAKARTA (JP): The government's anti-dumping agency is expected to complete its investigation into the alleged dumping practices conducted by Japanese, Chinese and South Korean steel pipe producers in Indonesia in one or two months, an association said on...

Govt urged to account for delay in reform program

Govt urged to account for delay in reform program JAKARTA (JP): The President's National Economic Council urged the government on Tuesday to provide a full account of any delays in implementing the reform measures agreed to with the International Monetary Fund.

Asian stocks decline in reaction to Nasdag fall

Asian stocks decline in reaction to Nasdag fall TOKYO (AFP): The record points fall on Nasdaq overnight dominated most investors actions in Asia Tuesday as tumbling technology stocks continued to drag down regional markets.In Bombay, heavy selling prompted by Nasdaq's fall saw local stocks sink 7.

Cockroaches 'plague G-8 summit'

Cockroaches 'plague G-8 summit' TOKYO (AFP): Fast-breeding giant cockroaches threaten to plague world leaders at a Group of Eight summit to be held in Japan from July 21-23, a Japanese newspaper said in an April Fool's report on Saturday.

Gates challenges antitrust ruling against Microsoft

Gates challenges antitrust ruling against Microsoft WASHINGTON (AFP): Microsoft chairman Bill Gates said Tuesday he believes the software giant will prevail in the appeal of its antitrust case because of "common sense."The software giant is challenging Monday's ruling by U.S.

EU, African leaders try to tackle war, terrorism

EU, African leaders try to tackle war, terrorism CAIRO (AFP): European and African leaders entered their last day of unprecedented summit talks on Tuesday expecting to tackle war, terrorism and human rights after Libya's Moammar Qaddafi stunned them with an anti-Western tirade.

National soccer player Eri Irianto dies after last match

National soccer player Eri Irianto dies after last match JAKARTA (JP): National soccer player Eri Irianto died early on Monday at Dr. Sutomo General Hospital in Surabaya, hours after playing his last match with his club Persebaya Surabaya. He was 26.

Joint team set to evaluate bus fare hike

Joint team set to evaluate bus fare hike JAKARTA (JP): The City Council will form a joint team to study the possibility of raising bus fares in the capital.The decision was made on Monday after the councillors failed to reach an agreement with the City Land Transportation Agency (DLLAJ) on an...

RI, Norway boost energy ties

RI, Norway boost energy ties JAKARTA (JP): The Indonesian and Norwegian governments have decided to strengthen bilateral cooperation in the energy sector, a senior Indonesian government official said on Monday.

Tel Aviv wants to host 2012 Olympics

Tel Aviv wants to host 2012 Olympics TEL AVIV (AFP): Israel's biggest city of Tel Aviv set the ball rolling on Monday on plans for an unprecedented bid to host the summer Olympic Games in 2012."We started working toward the possibility of hosting the games here," Tel Aviv's mayor Ron Huldai said...

11 killed in vigilante violence since January, police report

11 killed in vigilante violence since January, police report JAKARTA (JP): Eleven men have been mobbed to death since January this year in increasing cases of vigilantism in Greater Jakarta, city police spokesman Lt. Col. Zainuri Lubis said on Monday.

Catholic forum inaugurated

Catholic forum inaugurated ENDE, East Nusa Tenggara: Ende Archbishop Mgr. Abdon Longinus da Cunha officially inaugurated the Indonesian Catholic Community Forum (Forumki) at Ende diocese.The ceremony took place at Santo Josef Hall and those in attendance included Ende Regent Dominikus Domi and the...

U.S. regrets lawsuit against Johny

U.S. regrets lawsuit against Johny JAKARTA (JP): The U.S. government expressed regret on Monday over a lawsuit filed against Indonesian Army Lt. Gen. Johny Lumintang for his alleged role in violence in East Timor last year.U.S. Ambassador Robert S.

New Bulog chief told to protect farmers

New Bulog chief told to protect farmers JAKARTA (JP): President Abdurrahman Wahid has ordered new National Logistics Agency (Bulog) chief Rizal Ramli to protect millions of rice and sugar farmers from the influx of cheaper imported staples.

RI's U-19 team out of Asian qualifying

RI's U-19 team out of Asian qualifying JAKARTA (JP): Indonesia's under-19 soccer team was routed in the prequalifying round of the Asian U-19 team in a 0-3 defeat by Myanmar at Deyang City in Sichuan province, China, on Monday.

Maspion, U.S. firm tie up

Maspion, U.S. firm tie up JAKARTA (JP): Household appliance producer Maspion Group has established a strategic alliance in production and marketing with American-based World Kitchen Inc., a Maspion Group executive said on Monday.

The year 2000: Making the choice to change

The year 2000: Making the choice to changeBy Tishy Bruce JAKARTA (JP): What is the meaning behind the number 2000? Why is it relevant in this new Age of Aquarius? What is the Age of Aquarius?In numerological terms, the number 2 relates to balance and co-operation.

RP movie actor to negotiate release

RP movie actor to negotiate release ZAMBOANGA, Philippines (AP): A southern Philippine province has agreed to appoint a movie actor known for his tough-guy roles as chief negotiator for the release of 33 people seized by Muslim extremist rebels, an official said on Tuesday.

Estrada says critics "crazy"

Estrada says critics "crazy" MANILA (AFP): Philippine President Joseph Estrada said on Tuesday that a signature campaign launched to force him to reform or quit was cooked up by "crazy people."A civic movement led by several former government officials with an exclamation mark as its symbol was...

Public firms no allowed to amortize forex losses

Public firms no allowed to amortize forex losses CISARUA, West Java (JP): The Capital Market Supervisory Agency (Bapepam) will no longer allow publicly listed companies to record part of their foreign exchange losses on future balance sheets.

Straight talk about AIDS

Straight talk about AIDSFrom Media IndonesiaWith information about HIV/AIDS continuing to develop, it would certainly be naive of some people if they did not rid themselves of the myths about the virus and the ensuing syndrome.

'Health Today' offers tips for better living

'Health Today' offers tips for better living JAKARTA (JP): A new health magazine hit the newsstands in Indonesia in April. Health Today joins a number of other titles aimed at providing Indonesians the advice and guidance they need to live physically, emotionally and mentally healthy lives.

Independent E. Timor remains Indonesia's stumbling block

Independent E. Timor remains Indonesia's stumbling blockBy Lela E. Madjiah KUPANG, East Nusa Tenggara (JP): Former president B.J. Habibie was naive when he thought that letting go of East Timor would mean an end to Indonesia's problems.

Oil spill pollutes waters off Cilacap

Oil spill pollutes waters off Cilacap CILACAP, Central Java: An estimated 1,000 barrels of crude oil spilled into the waters off Cilacap after the fuel tanker MT King Fisher hit a reef on Saturday, causing a leak in one of its compartments.The accident took place at about 3:05 p.m.

Justice for Soeharto

Justice for Soeharto With public pressure for due justice continuing to mount, time appears to be running out for the government to make good on its promise for a full and speedy investigation of former president Soeharto and to bring the former strongman to justice on charges of corruption during...

Nurfaizi poised to probe police payoff report

Nurfaizi poised to probe police payoff report JAKARTA (JP): Jakarta Police chief Maj. Gen. Nurfaizi pledged on Monday to investigate the veracity of a report that several top city police officers, including himself, took a percentage of the illegal fees charged for driver's licenses.

Sutiyoso says provocateurs at work in Matraman conflict

Sutiyoso says provocateurs at work in Matraman conflict BANDUNG (JP): Jakarta Governor Sutiyoso said here on Monday that he suspected provocateurs were behind a series of recent brawls between residents of neighboring Palmeriam and Kebon Manggis subdistricts in Matraman area of East Jakarta.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on April 3, 2000: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 825 0 0 Adindo Foresta Indonesia 550 -25 6,812,500 Alakasa Industrindo 475 100 1,000 Alfa...

President urged to reshuffle economic ministers

President urged to reshuffle economic ministers JAKARTA (JP): The clamor is growing for President Abdurrahman Wahid to fire his economic ministers amid public impatience over their perceived inability to pull the country out of the economic crisis.

Suspected drug dealer arrested

Suspected drug dealer arrested BOGOR (JP): Local police arrested on Sunday night an alleged drug dealer identified as Nabani bin Abdullah, 42, for possession of seven kilograms of marijuana, and are searching for four other suspects.Bogor Police chief Lt. Col.

Indonesia men's singles, doubles have good draws

Indonesia men's singles, doubles have good draws JAKARTA (JP): Indonesian men's singles and doubles have good draws in the US$180,000 Yonex Japan Open in Tokyo starting Wednesday. Indonesian shuttlers at least are likely to reach the quarterfinals in the final qualifying round for the Sydney...

Probo to sue government for 'baseless' charge

Probo to sue government for 'baseless' charge JAKARTA (JP): Businessman Probosutedjo, a half brother of former president Soeharto, is threatening to sue the Ministry of Forestry and Plantations for defamation.M.

Rupiah sold down in thin holiday market

Rupiah sold down in thin holiday market HONG KONG (Dow Jones): Selling pressure pushed both the Indonesian rupiah and the Philippine peso to new lows for the year during Asian trading hours Tuesday.But in a week scattered with regional holidays, trading in most foreign exchange markets was subdued...

Dead man found in alley

Dead man found in alley JAKARTA (JP): Residents of Palmerah, West Jakarta, found the body of a 24-year-old man lying in an alley near Grogol River on Monday morning. The man is believed to have died from a drug overdose.

Inflation down 0.45% in March amid food price fall

Inflation down 0.45% in March amid food price fall JAKARTA (JP): Inflation fell by 0.45 percent in March compared to the previous month on the back of falling prices of food and processed food commodities, according to the Central Bureau of Statistics (BPS).

'Ad hoc' judges sought to try bankruptcy cases

'Ad hoc' judges sought to try bankruptcy cases JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) has filed bankruptcy petitions against four "uncooperative" debtors at the commercial court, the head of the agency's legal department Agustus Sani Nugroho, said here on Monday.

Goa Jepang, natural museum for Japanese killed in WW II

Goa Jepang, natural museum for Japanese killed in WW IIBy Neles Tebay BIAK, Irian Jaya (JP): If you want to get a picture of an episode of the Second World War, you should go to Biak, the capital of Biak Numfor regency, in Irian Jaya.

Ballo survives qualifying round

Ballo survives qualifying round JAKARTA (JP): Indonesian boxers Bara Gommies and Stevie Binalay failed to qualify for the 2000 Olympic Games after they lost their second bouts in the Olympic Games third qualifying round in Bangkok on Monday.

Agus' military court hearing set for Friday

Agus' military court hearing set for Friday JAKARTA (JP): Drug suspect Second. Lt. Agus Isrok is expected to appear in Jakarta Military Court for the first hearing over his alleged role in a drug case on Friday, a report said on Monday.

Where to go in Surabaya, for Wednesday, April 5, 2000

Where to go in Surabaya, for Wednesday, April 5, 2000Music and Entertainment * Hotel Majapahit, Mandarin Oriental, Jl. Tunjungan 65 (Phone: 031 5454333): - Indigo Restaurant & Bar: Music You Can Talk To, live show at 7 p.m. to 10 p.m. * Hyatt Regency Surabaya, Jl. Jend.

Late paper

Late paper Due to delivery problems and the observance of the Hindu Day of Silence on Tuesday, The Jakarta Post reached its readers in Bali late on Wednesday. We apologize for any inconvenience. -- Publisher