Indonesian Political, Business & Finance News

Archive: 14 July 2000

51 articles found

Moody's reviews, upgrades RI banks

Moody's reviews, upgrades RI banks JAKARTA (Dow Jones): Moody's Investors Service Inc. has placed Bank Danamon Indonesia's Caa3 rating for long-term deposits and senior debt, and its E financial strength rating on review for possible upgrade.

Reform needed for legal supremacy

Reform needed for legal supremacy The public has so little trust in the country's legal system because law enforcement has been marred by corruption, violence and government intervention. Lawyer Abdul Hakim Garuda Nusantara says one way to resolve this situation is to ensure the current process of...

Support grows for Matori's PKB chief bid

Support grows for Matori's PKB chief bid JAKARTA (JP): Support is growing for incumbent National Awakening Party (PKB) chairman Matori Abdul Djalil to retain his post.The party's Jakarta chapter was the latest to nominate Matori, who is also the deputy speaker of the People's Consultative Assembly...

Thoughts on Indonesia after MPR session

Thoughts on Indonesia after MPR sessionBy Bahtiar Effendy JAKARTA (JP): The new administration of President Abdurrahman Wahid has been in a roller-coaster situation since its formation in October 1999. A honeymoon period was hardly in sight before the new government encountered predicaments.

Search effort extended for missing ferry passengers

Search effort extended for missing ferry passengers JAKARTA (JP): Despite apparent hopelessness, the National Search and Rescue Agency decided on Thursday to extend for another week the search for the missing Cahaya Bahari ferry and its hundreds of passengers fleeing strife-torn Tobelo district in...

Mob attack police station

Mob attack police station CILACAP, Central Java: Police fired warning shots here on Thursday to disperse an angry mob which attacked a police station, a local police chief said.Cilacap Police chief Supt.

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Program 8:30 Music 9:30 Sports 11:30 Interval 2:00 p.m. News 2:30 Cartoon 3:00 Documentary 4:00 News 5:30 TVRI News (in English) 6:30 Music 7:00 Evening News 7:30 TV Drama 8:00 Sports 9:00 World News 9:35 Music 10:30 NewsProgram 2...

Alwi senses U.S. uneasiness at RI internal conflicts

Alwi senses U.S. uneasiness at RI internal conflicts JAKARTA (JP): Foreign Minister Alwi Shihab revealed that in his meetings with United States officials, he detected a sense of uneasiness from Washington at the continuing troubles besetting Indonesia.

Seribu Islands faces 'seribu' problems

Seribu Islands faces 'seribu' problemsBy Novan Iman Santosa PUTRI ISLAND, Seribu Islands (JP): Nobody knows for sure how or why the chain of 110 islands (including six already washed away by the sea) is called the Seribu (thousand) Islands.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on July 13, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,945.00 9,945.00 9,398.00 9,492.00Australian dollar 1 5,283.81 5,879.48 5,551.40 5,611.67Austrian schilling 1 611.84 680.60 642.82 649.

Ambassador certain of growth

Ambassador certain of growthBy William Furney In an interview at the French Embassy on Jl. Thamrin, Central Jakarta, French Ambassador to Indonesia Gerard Cros spoke of the relations between Indonesia and France, how his country is helping Indonesia in this time of continuing crisis and whether...

Opposition attacks use of draconian law on Islamic cult

Opposition attacks use of draconian law on Islamic cult KUALA LUMPUR (AFP): A Malaysian opposition party hit out at Prime Minister Mahathir Mohamad's government on Thursday for using a powerful security law to detain people suspected of having links with an Islamic cult that looted an armory.

Bomb found at shopping mall

Bomb found at shopping mall SEMARANG, Central Java: Police found a small unexploded bomb at a shopping mall here on Wednesday night.Police sent a bomb-squad after being alerted by a shop attendant at the Citraland shopping mall who had, some 30 minutes earlier, been called by an unidentified man...

Pertamina and Indian Oil to discuss LNG sale deal

Pertamina and Indian Oil to discuss LNG sale deal JAKARTA (JP): India and Indonesia have agreed to start discussing the details of the sales of liquefied natural gas (LNG) from state-owned oil and gas company Pertamina to India.

Ellipse offers digital service

Ellipse offers digital service JAKARTA (JP): PT Ellipse Indonesia announced on Thursday the launch of a new service called Ellipse Digital, which will offer integrated Internet and multimedia marketing strategies for companies.

Police quiz man believed to know about bomb blast

Police quiz man believed to know about bomb blast JAKARTA (JP): Police have finally found and questioned a man tipped earlier by witnesses as the one who could possibly have information about the blast that rocked the attorney general's office last week, a senior officer said on Thursday.

Gen. Tyasno denies involvement in fake money case

Gen. Tyasno denies involvement in fake money case BANDUNG (JP): Army Chief of Staff Gen. Tyasno Sudarto flatly denied on Thursday his alleged involvement in the case of production and distribution of fake rupiah notes totaling up to Rp 19.2 billion."It (the accusation) is not true.

Why this delay of trials?

Why this delay of trials? East Timor trial in three months. So ran the main headline of The Jakarta Post on Feb. 17, 2000. Attorney General Marzuki Darusman was quoted as saying that trials of those accused of involvement in the campaign of terror and destruction in East Timor last year would begin...

ASEAN development must be green

ASEAN development must be green SINGAPORE (AFP): Industrial and economic development in Southeast Asia should not be carried out at the expense of the environment, Singapore's Speaker of Parliament Tan Soo Khoon said on Thursday.

French-Indonesian economic and trade relations

French-Indonesian economic and trade relations Indonesia has been a major Asian trading partner for France for a long time, and despite a deep economic and monetary crisis affecting Indonesia since mid-1997, French companies have confirmed their commitment to the Indonesian market.

11,886 public phones damaged by vandals: Official

11,886 public phones damaged by vandals: Official JAKARTA (JP): About one-third, or nearly 12,000, of all coin- operated pay phones in the capital and its surrounding areas are vandalized each month, an official with PT Telekomunikasi Indonesia (Telkom)'s Greater Jakarta office revealed on Thursday.

Indonesian Hendrawan, Budi survive in Thailand Open

Indonesian Hendrawan, Budi survive in Thailand Open JAKARTA (JP): Indonesian top seed Hendrawan and compatriot Budi Santoso survived in their quarterfinals tests at the Thailand Open in Bangkok on Thursday.

Siblings arrested for drug possession

Siblings arrested for drug possession BANDUNG, West Java: Police arrested a man and his 17-year-old brother here early on Thursday for possessing 235 kilograms of marijuana.Local police chief Supt. H. Gultom said that the police made the arrest after they were tipped off by the siblings' neighbors,...

'K@belvision' gives Olympic coverage

'K@belvision' gives Olympic coverage JAKARTA (JP): Indonesian sports fans will be able to witness the most complete coverage of the Olympic Games in Sydney from Sept. 15 to Oct. 1 through the K@belvision channel."WE are very proud to be able to broadcast the Olympics.

ABN AMRO-BNI alliance

ABN AMRO-BNI alliance JAKARTA (JP): ABN AMRO Bank of the Netherlands and state-owned Bank BNI have entered into a nation-wide cash management network to give their customers in Indonesia access to their combined networks, the Dutch bank said here on Thursday.

Taxi stolen, driver tied to tree

Taxi stolen, driver tied to tree BOGOR (JP): Bogor Police detectives are on the lookout for three armed men, who rode off in a stolen Jakarta-based taxi after tying the driver to a tree in the Gebluk village of Palasari, Cijeruk district, early Wednesday morning.

Setting the priorities

Setting the priorities A host of problems are before us, ranging from the emergence of separatist sentiments in a number of regions, the laggardness of the handling of corruption cases and the lack of security to the slowness in bank restructuring efforts and the continuing drop in the rupiah's...

KL palm oil ends higher

KL palm oil ends higher KUALA LUMPUR (Reuters): Malaysian palm oil futures sustained the uptrend at the close on Thursday, helped by a technical rebound and short covering after losses on the previous day.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition Rampogan by Sri Warso Wahono, at Galeri Cipta II, Ismail Marzuki Cultural Center, Jl. Cikini Raya 73, Central Jakarta (Phone: 3154087), 10 a.m. to 9 p.m., until July 23.

Political factors pull the rupiah down to Rp 9,435

Political factors pull the rupiah down to Rp 9,435 JAKARTA (JP): Strong pressure on the rupiah persisted on Thursday amid continuing disquiet over domestic political uncertainty.The local currency ended lower at Rp 9,435 per U.S.

Most Indonesian hospitals only give standard services

Most Indonesian hospitals only give standard services JAKARTA (JP): Most Indonesian hospitals are only able to provide standard services while complementary, but important, facilities, such as counseling and the supply of pharmaceuticals and medication, are not commonly found on the market.

Persija, Persikota and Pupuk Kaltim advance to semis

Persija, Persikota and Pupuk Kaltim advance to semis JAKARTA (JP): Three clubs -- Persija, Persikota Tangerang and Pupuk Kaltim (PKT) of Samarinda, East Kalimantan -- clinched the semifinal tickets of the Bank Mandiri national soccer league in dramatic but controversial matches Monday.

Three killed in Aceh violence

Three killed in Aceh violence BANDA ACEH, Aceh: Military troops shot three alleged gunmen to death in the latest violence in Aceh on Wednesday, police said on Thursday.North Aceh Police chief Supt. Syafei Aksal said that Saiman Ibrahim, 25, Abdul Hadi, 22, and Muhammad Salam, 23, were killed in an...

Top leaders bicker over key meeting

Top leaders bicker over key meeting JAKARTA (JP): Top reform leaders blamed each other on Thursday over last night's aborted meeting between them, boding ill for a speedy resolution to the current political disharmony, despite the tension and strife which is dragging down the country.

Ginandjar to meet Marzuki over alleged corruption

Ginandjar to meet Marzuki over alleged corruption JAKARTA (JP): Former minister Ginandjar Kartasasmita will meet Attorney General Marzuki Darusman on Monday regarding several dubious deals allegedly made during his ministerial term.

Counseling most effective in curbing drug abuse: Granat

Counseling most effective in curbing drug abuse: Granat JAKARTA (JP): Counseling can be the most effective and inexpensive way of curbing drug abuse in the capital, the chairman of the Anti Drug National Movement (Granat) said on Thursday.

Indonesia, Malaysia plan joint inquiry on illegal logging

Indonesia, Malaysia plan joint inquiry on illegal logging JAKARTA (JP): Malaysia and Indonesia have agreed to form a joint fact-finding mission to investigate a massive trade in illegal timber at the two countries' border areas.

ASEAN 'must be built on green principles'

ASEAN 'must be built on green principles' SINGAPORE (AFP): Industrial and economic development in Southeast Asia should not be carried out at the expense of the environment, Singapore's Speaker of Parliament Tan Soo Khoon said Thursday.

Lawyers contend Soeharto can't remember his name

Lawyers contend Soeharto can't remember his name JAKARTA (JP): After maintaining for months that their client was unfit to face questioning, lawyers for Soeharto now claim that the 79-year-old former president is finding it difficult to even remember his own name.

C. Java athletes get cash bonus

C. Java athletes get cash bonus SEMARANG (JP): Central Java Governor Mardiyanto handed over cash bonuses on Wednesday evening and also dismissed the Central Java contingent competing in the 15th National Games in Surabaya last month.

City administration to hold public order operation

City administration to hold public order operation JAKARTA (JP): With full backup from police and military personnel, city administration officials will start a massive public order operation on Monday to ensure public order in the capital, Governor Sutiyoso said on Thursday.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 13, 2000: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 600 0 0 Adindo Foresta Indonesia 305 -5 261,500 Alakasa Industrindo 900 0 2,500 Alfa Retailindo 890...

New violence in Ambon despite emergency state

New violence in Ambon despite emergency state AMBON, Maluku (JP): There seems to be no reprieve from violence in Ambon despite the state of civil emergency, as six more people were killed and 12 others injured in clashes on Thursday.According to information from Dr.

Talks on for new ASEAN trade bloc

Talks on for new ASEAN trade bloc BANGKOK (AFP): A plan for ASEAN members to form a free-trade bloc with Australia and New Zealand, to counter competition from China after its entry to the WTO, is gaining support, a report said Thursday.

20 people injured in fresh Matraman brawl

20 people injured in fresh Matraman brawl JAKARTA (JP): A mass brawl broke out again in the Matraman area of East Jakarta on Thursday as residents of the bickering Palmeriam and Berlan subdistricts pelted rocks and threw Molotov cocktails at each other.

On drinking water

On drinking water Mr. Lane, I refer to your letter on July 11, 2000. Of course you are quite correct. The sentences should have read " Purified or reverse osmosis water has little or no minerals. Distillation is the process in which the water is boiled, evaporated and the water vapor condensed".

Pipeline network vital to gas industry growth

Pipeline network vital to gas industry growth SINGAPORE (Dow Jones): Transmission pipelines to link Indonesia's scattered natural gas reserves to potential markets are key to the development of the country's vast natural gas resources, a senior official with PT Perusahaan Gas Negara said.

Government transfers Bank Bali back to Bank Indonesia

Government transfers Bank Bali back to Bank Indonesia JAKARTA (JP): The Financial Sector Policy Committee (FSPC) decided late on Thursday to transfer Bank Bali from the Indonesian Bank Restructuring Agency (IBRA) into the hands of Bank Indonesia.

Bridge, IndoExchange tie up

Bridge, IndoExchange tie up JAKARTA (JP): Global financial information service provider Bridge Information Systems announced on Thursday a new partnership with local financial news portal IndoExchange.com.

Indonesians are not Americans

Indonesians are not AmericansFrom Mimbar UmmatOn Oct. 28, 1928,young people from several ethnic groups signed an oath known as the Youth Pledge. This is a national "bridge" that is historically undeniable.A group of people wanted to be united under the umbrella of Indonesia.

RP governor offers trade opportunities

RP governor offers trade opportunities JAKARTA (JP): Visiting governor of Nueva Ecija in the central Luzon region of the Philippines, Tomas N. Joson, has invited Jakarta's entrepreneurs to invest their money in his province.