Indonesian Political, Business & Finance News

Archive: 12 May 2000

58 articles found

Chinese-Indonesian hold rally

Chinese-Indonesian hold rally JAKARTA (JP): Some 20 activists of a Chinese-Indonesian youth organization staged a rally on Thursday in front of the State Palace on Jl. Medan Merdeka Utara in Central Jakarta to urge President Abdurrahman Wahid to punish any parties responsible for the May 1998 riots.

Is Indonesia significantly gearing up for e-paradigm?

Is Indonesia significantly gearing up for e-paradigm? JAKARTA (JP): Indonesian media is now full of articles and advertisements about this new entity that starts with a small "e", like e-business, e-commerce, e-education, e-distribution and e-etc.

Local share prices plunge by 3.5 percent

Local share prices plunge by 3.5 percent JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) plunged amid selling pressure from foreign investors, with the benchmark composite index losing 3.5 percent to close at 529.20 in active trading.

Interest in Prabowo?

Interest in Prabowo? Will the Attorney General's Office take an interest now that Prabowo, the former chief of the Army's Special Force, has announced his intention to remain in Indonesia?After all, quite apart from declaring an interest in something he prefers to call a "clean" intelligence...

Acehenese put high hopes on Geneva accord

Acehenese put high hopes on Geneva accord BANDA ACEH, Aceh (JP): Weary of the incessant conflicts that have claimed countless lives, the Acehnese expressed high hopes of a planned peace agreement to be signed in Geneva.

RI students win millennium awards

RI students win millennium awards JAKARTA: Seven Indonesian students were among 2,000 winners of Millennium Dreamers Awards across the world honored in a ceremony at the Walt Disney Resorts in Orlando, Florida recently.

Ill-mannered youths

Ill-mannered youths On May 3, 2000, at 7:30 p.m. Erasmus Huis hosted a concert fit to quench the thirst of classical music lovers and admirers in Jakarta.Erasmus Huis was full with people of all ages and occupations. Some were willing to stand during the whole 1.

Peace effort in Geneva

Peace effort in Geneva Today, barring any unforeseen developments, a document will be signed in Geneva that will hopefully end one of the most extended and, in terms of human lives, most devastating conflicts that has plagued Indonesia for almost 25 years.

Hostage crisis a security wake-up call for region

Hostage crisis a security wake-up call for regionBy Ranjan Roy KUALA LUMPUR (AP): A Malaysian navy gunboat is anchored just off Sipadan, the site of a kidnapping two weeks ago that has focused attention on a little-known Muslim insurgency in the southern Philippines.

Sunken ferry is not seaworthy: Official

Sunken ferry is not seaworthy: Official AMBON, Maluku (JP): The Masnait ferry which was sank on Sunday killing at least 41 people, was not supposed to ply sea routes because it was designed to operate on lakes and rivers, an official said on Thursday.

Seoul reports breakthrough in preparing for Korean summit

Seoul reports breakthrough in preparing for Korean summit SEOUL (Agencies): South Korea and North Korea made a breakthrough in weeks of negotiations to prepare for a summit of their leaders by resolving differences over its agenda, South Korea said on Thursday.

KTM may send dispute to RI, Korean Presidents

KTM may send dispute to RI, Korean Presidents JAKARTA (JP): While claiming to be a legitimate owner of a portion of a disputed plot in Cikampek, a foreign partner of "national car" producer PT Timor Putra Nasional (TPN) hinted on Thursday the possibility of taking the matter to government-to-...

Asian currencies mixed late, panic selling hurts rupiah

Asian currencies mixed late, panic selling hurts rupiah SINGAPORE (Dow Jones): The Indonesian rupiah was driven sharply lower by panic selling Thursday, prompting Singapore monetary authorities to intervene in foreign exchange markets to prevent their currency from being swept along, dealers said.

Demands of local people unavoidable, says mining body

Demands of local people unavoidable, says mining body JAKARTA (JP): The increasing number of provinces making demands on mining companies is unavoidable and is a consequence of the transition into democracy, the Indonesian Mining Association (IMA) said on Thursday.

Mahaka SM vows to fight in ABC Cup

Mahaka SM vows to fight in ABC Cup JAKARTA (JP): Champion of the 1999 national basketball league Mahaka Satria Muda (SM) left for Lebanon on Thursday to fight in the Asian Basketball Confederation (ABC) Champions Cup, with a strong hope that it will not end up in the bottom position.

RI invited to join German fair

RI invited to join German fair JAKARTA (JP): The Association of German Bakery Organizations invited Indonesian companies here on Thursday to join the international trade fair for bakers and confectioners in Munich, in September.

Yusril says Habibie helped PBB secure Rp 1 billion

Yusril says Habibie helped PBB secure Rp 1 billion JAKARTA (JP): Crescent Star Party (PBB) chairman Yusril Ihza Mahendra insisted on Thursday the role former president B.J. Habibie played in the raising of a Rp 1 billion fund donated to the party last year."The matter has been settled.

50 local firms offer e-solutions at show

50 local firms offer e-solutions at show JAKARTA (JP): Some 50 local companies operating in the Internet-related business sector are currently flaunting their newest products and services at an event dubbed the country's first Internet business exhibition, the e-Business Show 2000.

Rupiah's tumble due to economic uncertainty: WB

Rupiah's tumble due to economic uncertainty: WB JAKARTA (JP): The World Bank's country director for Indonesia, Mark Baird, said on Thursday the weakening rupiah in recent days was mainly due to uncertainties over the future of the government's economic reform.

East Java councilors to be gagged in future

East Java councilors to be gagged in future SURABAYA (JP): Rather than coaching and educating their councillors, major political parties in East Java are contemplating bridling councillors' freedom to speak to the media to curb embarrassing and contradictory news statements.

Cloth thief jumps from third floor of Pasaraya

Cloth thief jumps from third floor of Pasaraya JAKARTA (JP): A 20-year-old man who was apprehended on Thursday morning by security guards after being caught stealing clothes at the seven-story Pasaraya department store in Blok M, South Jakarta, decided to escape by taking a free fall from the third...

Thailand denies Myanmar claim

Thailand denies Myanmar claim BANGKOK (AP): In a brief war of words underlying fragile bilateral relations, Thailand has denounced a claim in a state- run Myanmar newspaper accusing Thailand of profiting from sheltering refugees from Myanmar.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 11, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 725 0 0 Adindo Foresta Indonesia 400 -25 188,000 Alakasa Industrindo 1,175 -325 1,000 Alfa Retailindo...

Ratna Sarumpaet back on stage with 'Alia'

Ratna Sarumpaet back on stage with 'Alia' JAKARTA (JP): Ratna Sarumpaet, whose plays were often banned by the Soeharto government for alluding to chaos wrought by his authoritarian administration, is back on stage today.

TNI backs peace deal with GAM

TNI backs peace deal with GAM JAKARTA (JP): The Indonesian Military (TNI) has thrown its weight behind an unprecedented peace accord to be signed in Geneva with the Free Aceh Movement (GAM).TNI chief Adm. Widodo A.S.

Circumstances demand foreign minister stay close to Gus Dur

Circumstances demand foreign minister stay close to Gus Dur Foreign minister Alwi Shihab has been under fire from critics, who have charged he has spent too much time with President Abdurrahman Wahid (Gus Dur) and too little on foreign affairs.

Freeport still searching for missing people

Freeport still searching for missing people JAKARTA (JP): A rescue team has yet to find the bodies of four people reported missing after the Wanagon basin collapsed last week, a company official said here on Thursday.

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Program 8:30 Music 10:00 Interval 2:00 p.m. News 2:30 Film: Amazing 3:30 Music 4:00 News 4:30 TV Series: Hotel 5:00 Variety Show 5:30 TVRI News (in English) 6:00 Music 7:00 Evening News 7:30 TV Drama 8:00 Sports 9:00 World News...

RP air force chief honored in S'pore

RP air force chief honored in S'pore SINGAPORE (AP): Philippines air force chief Lt. Gen. Willie Florendo was awarded honorary Singapore air force wings during a ceremony on Thursday, officials said.The award was in recognition of Florendo's efforts to strengthen the "warm friendship and...

Lesson from the hostage drama

Lesson from the hostage drama Tourism, like all booming pastimes, is seeing a growing number of accidents. The hostages kidnapped from a Malaysian island by a group of Philippine Muslim rebels are already a part of that number.

Four masters share JAPFA Open prize

Four masters share JAPFA Open prize JAKARTA (JP): Grand Master (GM) Super Jaan Ehlvest of Estonia, GM Darmen Sadvakasov of Kazakhstan, GM Normund Miezis of Latvia and International Master (IM) Bong Villamayor of the Philippines shared the top prize of US$10,500 at the JAPFA International Open 2000.

Indonesia survives first test in Thomas and Uber Cup

Indonesia survives first test in Thomas and Uber CupBy Primastuti Handayani KUALA LUMPUR (JP): Indonesian teams won both matches in the Thomas and Uber Cup championships at the Putra Indoor Stadium here Thursday.

Life is not simple for Balinese teachers

Life is not simple for Balinese teachersBy Degung Santikarma DENPASAR, Bali (JP): In the ancient tales of the wayang kulit shadow play there are teachers. Sages like Indra and Yama sought out the wisdom of the natural world by retreating to the forest, returning to the world of humans to offer...

KEM land dispute won't affect foreign investment: Rozy

KEM land dispute won't affect foreign investment: RozyBy Reiner S SANUR, Bali (JP): Newly appointed Minister of Investment and State Enterprises Development Rozy Munir played down on Thursday the impact of the high profile land dispute between giant gold mining firm PT Kelian Equatorial Mining...

S'pore, Thailand to lead ASEAN road shows

S'pore, Thailand to lead ASEAN road shows SINGAPORE (Agencies): Singapore will lead a delegation of officials from the Association of Southeast Asian Nations (ASEAN) in an investment mission to the United States, the government said on Thursday.

Chinese Taipei defeats Indonesian boys team

Chinese Taipei defeats Indonesian boys team JAKARTA (JP): Indonesian boys' tennis team was defeated 1-2 by top seeded Chinese Taipei in stage one of the qualifying round of the Asia/Oceania zone of the NEC World Youth Cup Thursday.Insufficient preparation was given as the cause for the loss.

Nokia opens retail outlet

Nokia opens retail outlet JAKARTA (JP): Nokia Mobile Phones Indonesia reopens its Nokia Professional Center (NPC) at Jl. Abdul Muis, Central Jakarta, on Thursday with bigger space and longer hours.PT Trikomsel Citrawahana, one of Nokia's five authorized distributors in Indonesia, said the center's...

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on May 11, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,795.00 8,795.00Australian dollar 1 4,544.49 5,131.88Austrian schilling 1 511.82 577.67Belgian franc 1 174.59 197.05Brunei dollar 1 4,507.60 5,088.82Canadian dollar 1 5,216.

Koi lovers flock to Lembang for contest

Koi lovers flock to Lembang for contestBy K. Basrie LEMBANG, West Java (JP): The weather was chilly last Saturday afternoon in the mountainous area of Lembang. The drizzling rain and the heavy mist that covered the peaks added to the wintry mood.

FPI protests SCTV over 'Esmeralda'

FPI protests SCTV over 'Esmeralda' JAKARTA (JP): A private television station has suspended rerunning the popular Latin-American soap opera Esmeralda due to protests from the Defenders of Islam (FPI), who have alleged the show defames Islam.

Lasker Jihad given a month to leave Maluku

Lasker Jihad given a month to leave Maluku AMBON, Maluku (JP): Maluku authorities have given a one month deadline to members of the Laskar Jihad Ahlus Sunnah Wal Jamaah Muslim group to leave the islands, or face forced expulsion.

Dengue kills four in Kudus

Dengue kills four in Kudus KUDUS, Central Java: Dengue hemorrhagic fever has claimed at least four lives here this year, head of the regency's ministry of health office Muchtadi disclosed on Thursday.He said his office recorded a total of 136 cases, most of them affecting women and children.

Astra Otoparts books profit

Astra Otoparts books profit JAKARTA (JP): Publicly listed PT Astra Otoparts announced on Thursday sales of Rp 1.56 trillion (US$200 million) in 1999, a 26 percent increase from Rp 1.23 trillion in 1998.

Kwik not quick enough

Kwik not quick enough Slow though President Abdurrahman Wahid's movements are, due to his physical restraints, his limited eyesight (view), he demands others, in particular members of his Cabinet's economic team, to produce quick results.

Taiwan wants closer ASEAN ties

Taiwan wants closer ASEAN ties TAIPEI (AFP): Taiwan's foreign minister-designate Tien Hung- mao voiced his desire on Thursday to forge closer ties with ASEAN members despite China's efforts to squeeze Taipei's international space.

Thai seeks greater U.S. rubber share

Thai seeks greater U.S. rubber share BANGKOK (Dow Jones): Thailand's Deputy Agriculture and Cooperatives Minister Arkom Angchuan will meet with large rubber users in the U.S., seeking a larger portion of the U.S. market for Thai rubber.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Photo Exhibition: Private Expressions 2000, at Galeri Foto Cahya, Wisma Surya Kemang, Jl. Raya Kemang no. 33, South Jakarta (Phone: 7193731), South Jakarta, 10 a.m. to 8 p.m., until May 31.

RP kidnappers abort negotiations, flee with hostages

RP kidnappers abort negotiations, flee with hostages JOLO, Philippines (AFP): Separatist rebels aborted a meeting with Philippine negotiators on Thursday and fled with their 21 hostages, apparently fearing an attack by the army, a senior aide to President Joseph Estrada said.

'Petualangan Sherina' awaits students on school holiday

'Petualangan Sherina' awaits students on school holiday JAKARTA (JP): School holidays are still a month away, but local child singer Sherina Munaf is ready to entertain her fans with her debut movie Petualangan Sherina, the Adventure of Sherina, to be released on June 14.

Expert testimonies in Lt. Agus trial delayed

Expert testimonies in Lt. Agus trial delayed JAKARTA (JP): The Jakarta Military Court postponed on Thursday the testimonies of legal experts Loebby Loqman and Andi Hamzah in the trial of Army Second Lt.

Remote regency needs teachers

Remote regency needs teachers JAYAPURA, Irian Jaya: Puncak Jaya regency needs at least 364 new teachers for 77 elementary schools, a local official said on Thursday.Regent Andreas Philipus Coem said in Jayapura, that all of the schools in the remote regency lacked teachers.

N. Korea applies to ASEAN forum

N. Korea applies to ASEAN forum BANGKOK (AP): North Korea has applied to join the ASEAN Regional Forum, Thailand's foreign ministry said on Thursday.North Korean Foreign Minister Paek Nam-sun sent an official application to Thai Foreign Minister Surin Pitsuwan on April 28, a ministry statement said.

Aussie planes spying on Indonesia: Report

Aussie planes spying on Indonesia: Report JAKARTA (JP): Australia is conducting secret spy missions against Indonesia using specially modified PC3 Orion aircraft operating in international airspace, the Australian Financial Review reported on Thursday.

PKB tells Gus Dur to publicly declare his wealth

PKB tells Gus Dur to publicly declare his wealth JAKARTA (JP): Amidst growing accusations of corruption and collusion within the government, the National Awakening Party (PKB) urged party founder President Abdurrahman Wahid to set an example and publicly document his finances.

Street workers go on strike

Street workers go on strike BOGOR (JP): Some 400 temporary workers of the Bogor sanitation agency went on strike on Thursday, demanding wage increases equal to the official regional minimum wage (UMR) plus several basic allowances.

Police dismayed over street justice murders

Police dismayed over street justice murders JAKARTA (JP): West Jakarta Police and Bekasi Police were dismayed by the number of vigilante murders that occurred on Wednesday evening."What can I say? When local residents get angry and get their hands on suspected thieves, there's nothing we can do,"...

World Bank wants good governance, anticorruption

World Bank wants good governance, anticorruption JAKARTA (JP): The World Bank has again called on President Abdurrahman Wahid's administration to pursue good governance and anticorruption measures to improve confidence in public institutions and development programs.

Two big names confident of early victory in Thomas Cup

Two big names confident of early victory in Thomas Cup KUALA LUMPUR (JP): Former world greatest doubles players Kim Moon-soo and Park Joo-bong will participate in the Thomas Cup championships round-robin match at the Putra Indoor Stadium in Bukit Jalil on Friday.