Indonesian Political, Business & Finance News

Archive: 10 June 2000

47 articles found

WB vice president to visit RI

WB vice president to visit RI JAKARTA (AFP): World Bank vice president for East Asia and the Pacific Jemal-ud-din Kassum will visit Indonesia next week for consultations with the government's senior officials.

Improving tourist facilities in Bali

Improving tourist facilities in Bali I refer to the article in Sunday's edition of The Jakarta Post (May 28, 2000) titled Govt must change tourism policy.Rita Widiadana's thoughtful article about tourism policy raised many interesting issues which my wife and I, when we were tourists in Bali,...

Gudang Garam has new CEO

Gudang Garam has new CEO SURABAYA (JP): Publicly listed clove cigarettemaker PT Gudang Garam announced on Friday the appointment of former finance director Djajusman Surjowidjono as the new president of the company.Djajusman replaces Rachman Halim, who now becomes the chief commissioner.

BI faces growing pressure to redefine independency

BI faces growing pressure to redefine independency JAKARTA (JP): Bank Indonesia is facing growing pressure to redefine its independent status, particularly following this week's high-profile standoff between central bank Governor Sjahril Sabirin and President Abdurrahman Wahid.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition: Bali, an Endless Fascination, by Widodo Soenarko, at Bebek Bali Cafe, Taman Ria Senayan, Central Jakarta, until June 30. * Painting Exhibition by Eddy Sundara, at Negeri Lama Gallery, Jl.

House urged to suspend Sjahril, reform BI

House urged to suspend Sjahril, reform BI JAKARTA (JP): Government watchdogs heated up the controversy over suspension calls for Bank Indonesia (BI) Governor Sjahril Sabirin, saying if he was nonactive it would help facilitate the investigation of the Bank Bali scandal.

NGO unveils alleged role of Gus Dur in Rp 35b Bulog scam

NGO unveils alleged role of Gus Dur in Rp 35b Bulog scam JAKARTA (JP): Government Watch (Gowa), a non-governmental organization that first disclosed the controversial Rp 35 billion scam at the State Logistics Agency (Bulog), revealed on Friday the alleged role of President Abdurrahman "Gus Dur"...

Good governance and Syahril Sabirin

Good governance and Syahril Sabirin Many people view the naming of (Bank Indonesia Governor) Syahril Sabirin as a suspect (in the Bank Bali scandal) as proof of intervention by the executive into the independent status of Bank Indonesia.

Disease threatens quake-hit Bengkulu

Disease threatens quake-hit Bengkulu JAKARTA (JP): People in Bengkulu is expecting a fight against diarrhea and typhoid before they regain their feet after the powerful aftershocks that wreaked havoc across the province.

Huge number of job seekers crowd expo

Huge number of job seekers crowd expo JAKARTA (JP): With estimates reaching as high as 25 million Indonesians out of work, it is not surprising that any employment opportunities will attract a high number of job seekers.

Street kids to stage 'Buyung Don't Cry'

Street kids to stage 'Buyung Don't Cry' JAKARTA (JP): Behind the Jakarta Arts Institute (IKJ)'s campus building, a group of Jakarta street children practice the play Buyung, Don't Cry, under the guidance of Suryadi Sanubari.

Sutiyoso confirms plan on snipers deployment

Sutiyoso confirms plan on snipers deployment JAKARTA (JP): Governor Sutiyoso confirmed on Friday that the City Police would deploy sharp shooters at 25 main business centers to anticipate possible mass unrest during the General Session of the People's Consultative Assembly (MPR) next August.

Asian currencies mixed on talks about credit rating revision

Asian currencies mixed on talks about credit rating revision SINGAPORE (Dow Jones): Asian currencies were mixed late Friday, as talk of revisions to credit ratings had divergent effects on the Thai baht and the South Korean won, dealers said.

Miss Universe grateful for Indonesia's invitation

Miss Universe grateful for Indonesia's invitation JAKARTA (JP): Miss Universe 2000 Lara Dutta from India expressed her gratitude on Friday for the invitation to visit Indonesia, the first of her international trips after winning the title."Thank you for inviting me to your beautiful country.

Onrust's past reflected in its dirty waters

Onrust's past reflected in its dirty watersBy Iman Novan Santosa and Pandaya Onrust, one of the Seribu Islands in Jakarta Bay, has come under media scrutiny lately in connection with the government's plan to develop the island in order to attract tourists.

Police arrest troublemakers near Palu

Police arrest troublemakers near Palu JAKARTA (JP): Local police in Central Sulawesi have arrested seven people for allegedly attempting to disrupt the closing ceremony of the 19th National Koran Reading competition in Donggala, near the provincial capital Palu.

RP kidnappers refuse to give up demands

RP kidnappers refuse to give up demands JOLO, Philippines (Agencies): Two government negotiators met for several hours on Friday with rebels holding 21 hostages in a remote Philippine jungle, and said the guerrillas refused to give up their demand for an independent Islamic nation.

Court rejects pretrial lawsuit by Soeharto

Court rejects pretrial lawsuit by Soeharto JAKARTA (JP): The South Jakarta District Court rejected on Friday a pretrial lawsuit filed by former president Soeharto against Attorney General Marzuki Darusman over the Attorney General's Office's decision to revoke an Oct. 11, 1999 decree.

Alliance reprimands Gus Dur

Alliance reprimands Gus Dur JAKARTA (JP): An alliance of political parties that helped elect Abdurrahman "Gus Dur" Wahid is clearly losing patience with the President, saying they had tried to "correct" him and, thus, were no longer accountable for future problems which may arise.

IBRA, Sipatex sign debt deal

IBRA, Sipatex sign debt deal JAKARTA (JP): PT Sipatex Putri Lestari has obtained approval from the Indonesian Bank Restructuring Agency (IBRA) to restructure its Rp 155.46 billion and US$24.37 million debts.

Unfit and improper

Unfit and improper Should a person who has failed a fit and proper test for the job of leading a major government bank be allowed to retake it? President Abdurrahman Wahid seems to think so. The President has openly asked Bank Indonesia to conduct another test on a longtime acquaintance, Prijadi...

Megawati inaugurates merrier Jakarta Fair

Megawati inaugurates merrier Jakarta Fair JAKARTA (JP): Vice President Megawati Soekarnoputri inaugurated the annual Jakarta Fair on Friday amid growing optimism that the economy will improve and encouraging signs of society's increasing political tolerance toward the Chinese community.

ASEAN calls for balanced new trade round

ASEAN calls for balanced new trade round TOKYO (AFP): Southeast Asian nations Friday urged Japan to press the cause of developing nations when launching a new round of World Trade Organization (WTO) talks, an official said.

No need for additional troops in Irian: Albert

No need for additional troops in Irian: Albert JAYAPURA, Irian Jaya (JP): Trikora Military Command chief Maj. Gen. Albert Ingkiriwang overseeing Irian Jaya says there is no need to send reinforcements to the province, despite growing calls for separatism.

Cookies seller found dead

Cookies seller found dead JAKARTA (JP): A cookie seller who was on his way to visit a relative in the hospital ended up instead in the morgue of the Cipto Mangunkusumo General Hospital.Djap Khin Tjin of Bungur district, Central Jakarta, died from a head wound suspected to have come from a blow by a...

Attitude problem

Attitude problem This is to clarify my letter Anti-Chinese attitude published in The Jakarta Post on June 8, 2000.The main point of the story was deleted from the previous letter: "... After the man roughly shoved my ethnic Chinese friend's chair and almost touched her back, I asked him what was...

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Songs 8:30 TV Series: Labyrinth 9:30 Interval 2:00 p.m. News 2:30 Film: Sylvan 3:00 Music 4:00 Regional News 4:30 Music 5:00 News 5:30 TVRI News (in English) 6:00 Music 7:00 Evening News 7:30 Music 8:00 Sports 8:30 Quiz 9:00 World...

Gen. Tyasno discusses military reshuffle

Gen. Tyasno discusses military reshuffle JAKARTA (JP): Army Chief of Staff Gen. Tyasno Sudarto denied on Friday allegations that outside individuals had any influence over military reshuffles, stressing that any shakeup occurring in the near future would have nothing to do with the resignation of...

Corruption report rocks antigraft body

Corruption report rocks antigraft body MEDAN, North Sumatra: Deputy chief of the North Sumatra Prosecutor's Office Charles Mindamora Harahap said here on Friday he had reported alleged bribery in the election of Mayor Abdillah to the newly established joint anticorruption team in Jakarta.

Conoco told to leave Lorentz

Conoco told to leave Lorentz JAKARTA (JP): The legislative council of Irian Jaya has asked U.S.-based oil company PT Conoco to stop its oil exploration in the Lorentz National Park, Antara reported on Friday.

Palestinian lawyer denies abusing Indonesian maid

Palestinian lawyer denies abusing Indonesian maid JAKARTA (JP): Palestinian Ambassador to Indonesia Ribbi Awad said on Friday that Palestinian police had questioned an employer over the alleged abuse of a female Indonesian migrant worker in Gaza last March.

TNI joint chiefs of staff needs DPR approval

TNI joint chiefs of staff needs DPR approval JAKARTA (JP): Representatives of most factions at the People's Consultative Assembly have agreed on the formation of a joint chiefs of staff of the Indonesia Military (TNI).

Woman found dead beside baby

Woman found dead beside baby JAKARTA (JP): A woman was found dead next to a stillborn baby in her rented room in the Palmerah district of West Jakarta on Thursday.Martha Nur, 29, from Flores, East Nusa Tenggara, was found bleeding on her bed next to her baby girl by her brother Marius.

IMF team to review reform program next week

IMF team to review reform program next week JAKARTA (JP): The International Monetary Fund (IMF) review team will resume talks with the government next week over the country's economic reform program, said Coordinating Minister for the Economy, Finance and Industry Kwik Kian Gie.

Handle Papua with care

Handle Papua with care Sometimes people must be handled like glassware: with extreme care and certainly not upside down. The people from Papua or Irian Jaya, are extremely sensitive as they believe they have received less than they deserve in the form of welfare in view of the natural resources at...

Police recover ancient statue

Police recover ancient statue MATARAM, West Nusa Tenggara: Local police have arrested 12 people for allegedly stealing a 300-year-old statue of Buddha worth Rp 40 million, Antara reported.The head of West Nusa Tenggara Public Museum, Djoko Prayitno, announced on Friday that police captured the...

Pasar Gede's facelift on hold

Pasar Gede's facelift on hold SURAKARTA, Central Java: The local administration has said the renovation of Pasar Gede market was unlikely to commence in the near future because only 40 percent of the necessary funds have been raised.

Nothing timeworn about profits from antiques

Nothing timeworn about profits from antiquesBy Agus Maryono CILACAP, Central Java (JP): With great care, Yuni arranged a box-shaped object decorated in shiny dark brown hues. The antique teak strongbox was ready for sale.

The complex Papuan situation

The complex Papuan situationBy J. Soedjati Djiwandono JAKARTA (JP): Behind the declaration of independence by the people of West Papua is without doubt the demand for justice. The people of Papua, officially Irian Jaya, feel that since their "re-unification" with the Unitary Republic of Indonesia a...

Prepaid GSM card launched

Prepaid GSM card launched JAKARTA (JP): Local telecoms firm PT Cipta Multi Usaha Perkasa launched on Thursday an international GSM-based roaming card, the GSM card easyRoam, which enables mobile phone users to make calls from anywhere in the world and be charged at a single global rate.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on June 9, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,123.00 9,123.00 8,580.00 8,666.00Australian dollar 1 4,770.64 5,362.50 5,039.03 5,093.87Austrian schilling 1 563.46 633.49 595.16 601.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 9, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 625 0 0 Adindo Foresta Indonesia 300 0 839,000 Alakasa Industrindo 1,025 0 0 Alfa Retailindo 825 -25...

Gamblers protest police shooting

Gamblers protest police shooting TANGERANG (JP): Hundreds of regular gamblers at cock fights in Cipondoh thronged the local police station on Friday, protesting the shooting of a man in a police raid earlier in the day.

Japan to create ASEAN fund

Japan to create ASEAN fund TOKYO (AFP): Japan will set up a 2.5-million-dollar fund to help poor Indochinese members of the Association of Southeast Asian Nations, a government official said Friday.Prime Minister Yoshiro Mori "announced we are working to create the Japan-ASEAN General Exchange...

Mahathir accuses G7 of ganging up on world's poor

Mahathir accuses G7 of ganging up on world's poor TOKYO (AFP): Malaysia's outspoken Prime Minister Mahathir Mohamad on Friday lambasted the Group of Seven (G-7) rich nations for ganging up on the poor in times of crisis.

Why selling degrees still thrives in Indonesia

Why selling degrees still thrives in IndonesiaBy Nirwan Idrus JAKARTA (JP): A few weeks ago a flattering facsimile came, citing my experience, qualifications and positions and said that I deserve a Doctor Honoris Causa from the sender's institution which I did not recognize.

Olympic-qualified shuttlers banned from competing in PON

Olympic-qualified shuttlers banned from competing in PON JAKARTA (JP): The National Sports Council (KONI) finally decided to ban 19 Olympics qualified shuttlers from performing in the 15th National Games (PON) in Surabaya this month.