Indonesian Political, Business & Finance News

Archive: 15 July 2000

61 articles found

Bandung group take on French masterpiece

Bandung group take on French masterpieceBy Wawan S. Husin BANDUNG (JP): Studiklub Teater Bandung (STB) produced a work of Jean Giraudoux (l882 - l944), La Guerre de Troie n'ausa pas lieu (The Trojan War Wouldn't Happen) for two-day on July 4 and July 5 by CCF at Taman Budaya Jawa Barat on their...

Military personnel questioned on Monday over 1996 PDI attack

Military personnel questioned on Monday over 1996 PDI attack JAKARTA (JP): A joint military-police team assigned to investigate the July 27, 1996 attack on the PDI headquarters will start questioning on Monday military personnel about their possible roles in the violent crime, police and military...

Indonesia's future not in hands of elite: Gus Dur

Indonesia's future not in hands of elite: Gus Dur JAKARTA (JP): President Abdurrahman Wahid played down on Friday the importance of the planned meeting of the country's top four leaders which failed to materialize on Wednesday, saying the future of the country's 209 million people did not depend on...

Three civilians, soldier die in fierce Aceh fight

Three civilians, soldier die in fierce Aceh fight BANDA ACEH, Aceh (JP): Four people, including an Army private, were killed during a violent conflict in East Aceh, the military and witnesses said on Friday. A group of men armed with sharp weapons attacked Pvt. Barus and Pvt.

Rights groups against RI-U.S. military ties

Rights groups against RI-U.S. military ties WASHINGTON (AP): Six human rights groups are opposing resumed military ties between Indonesia and the United States, saying it would send signals that Washington is ready to overlook Indonesia's alleged human rights abuses in East Timor.

Full-blown support given to Gus Dur worries politicians

Full-blown support given to Gus Dur worries politicians SURABAYA (JP): More politicians expressed concern and worry on Friday over support given out of proportion to President Abdurrahman Wahid. House of Representatives legislator from the Indonesian Democratic Party of Struggle (PDI Perjuangan)...

Headless body found in field

Headless body found in field BOGOR (JP): Residents of Kebon Palawija in Cigudeg district found a headless body on Friday morning in a field of state plantation firm PT Perkebunan Nusantara, a police officer said.Cigudeg Police chief First Insp.

Serviceman beaten by traders

Serviceman beaten by traders PURWOKERTO, Central Java: An Army officer, identified as Second Pvt. Anas Saeri, was beaten by angry traders here on Friday for extortion.Traders at the Pasar Wage traditional market said they had frequently been forced to pay levies to the serviceman, who is being...

School enrollment broker

School enrollment brokerFrom Pos KotaSome parents currently enrolling their children in school are deeply concerned about the presence of "brokers". Many cannot afford the official enrollment fees let alone pay for a broker.

Thousands hoist separatist flags

Thousands hoist separatist flags BIAK, Irian Jaya (JP): Thousands of Irian Jaya people raised for the first time the Morning Star separatist flag without fear of punishment or harsh measures from security authorities on Friday.

No martial law in Maluku: Government, DPR

No martial law in Maluku: Government, DPR JAKARTA (JP): The government and the House of Representatives (DPR) have agreed that the state of civil emergency in the Maluku islands should remain intact and ruled out the possibility of imposing martial law to stop the continuing clashes there.

BI to shift monetary policy to IT system

BI to shift monetary policy to IT system JAKARTA (JP): Bank Indonesia gradually plans to shift its current multitarget monetary policy to a single inflation target policy, according to central bank deputy governor Achjar Iljas.

KL palm oil prices end higher

KL palm oil prices end higher KUALA LUMPUR (Reuters): Malaysian palm oil futures closed higher on Friday as steady technical buying more than offset a slightly bearish crop report from private forecaster Ivan Wong, traders said.

Simple measures to boost confidence

Simple measures to boost confidence From lawyer Anwar Makarim has come the interesting proposal to start taking some low-cost, simple, swift and practical measures to boost the market's confidence. For example, services at airports -- Indonesia's gateways -- could be improved, starting with the...

Portfolio outflows cloud SE Asia scene

Portfolio outflows cloud SE Asia scene SINGAPORE (Reuters): Southeast Asian currencies, under the gun because of political jitters, are also being pressured by portfolio outflows, recent data shows.Foreign fund managers' withdrawals from regional stocks so far this year have risen sharply over the...

Haze problem reaches alarming level in Riau

Haze problem reaches alarming level in Riau JAKARTA (JP): An official of the Riau branch of the Environmental Impact Management Agency (Bapedal) warned on Friday that the haze problem had reached alarming proportions in Riau and other provinces in Sumatra.

Fit and proper test of justices begins

Fit and proper test of justices begins JAKARTA (JP): "Have you ever taken a bribe?"Such were the questions posed by a legislator when screening candidates for the lofty office of Supreme Court justice.The House of Representatives here on Friday began its "Fit and Proper" test for the nation's...

Hyperactive legislators

Hyperactive legislators Do people now notice that the House of Representatives (DPR) has become super-active and that it has taken over the role of the conscience of the nation from the students?This is thanks in part to the controversial role played by President Abdurrahman Wahid in dealing with...

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.

Half a kilo of 'shabu-shabu' seized

Half a kilo of 'shabu-shabu' seized JAKARTA (JP): City police arrested a man on Thursday for possession of 520.5 grams of shabu-shabu (crystal methamphetamine) and 734 ecstasy pills -- all worth some Rp 150 million on the streets -- an officer said.Tambora Police Subprecinct Chief Sr. Insp.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 14, 2000: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 550 -50 57,500 Adindo Foresta Indonesia 300 -5 229,000 Alakasa Industrindo 900 0 0 Alfa Retailindo...

Fire guts 112 kiosks

Fire guts 112 kiosks BOGOR (JP): A massive fire gutted 112 kiosks and damaged 15 others at the Cileungsi market of Cileungsi Kidul village in the early hours of Friday."The fire started at about 1 a.m. at a kiosk belonging to a plastics seller, Sony, in block B.

Central bank promises fair resolution on Bank Bali

Central bank promises fair resolution on Bank Bali JAKARTA (JP): Acting Bank Indonesia governor Anwar Nasution said on Friday that the central bank would try to come up with a "fair" resolution to the Bank Bali case.

Secondhand toilet bowl business is slow but growing

Secondhand toilet bowl business is slow but growing JAKARTA (JP): The business of secondhand toilet bowls in the capital is slow but growing, according to a vendor who sells his wares on state property under the Slipi flyover in Central Jakarta.

Bashing Bank Bali

Bashing Bank Bali As the fate of the beleaguered Bank Bali became more uncertain following its transfer from the Indonesian Bank Restructuring Agency (IBRA) to the central bank on Thursday, the fundamental question that remains is whether it is still worth taxpayers' money to bail out the troubled...

BCA guards investigated over businessman torture

BCA guards investigated over businessman torture JAKARTA (JP): City Police detectives chief Sr. Supt. Harry Montolalu said his men suspected the involvement of several people, including Bank Central Asia security guards, in the torture and unlawful detention of a businessman at the bank's...

CSC, Krakatau plan tie-up

CSC, Krakatau plan tie-up TAIPEI (AFX-ASIA): China Steel Corp said it and Indonesian state-run Krakatau Steel are in talks jointly to set up a steel mill in Indonesia with annual total capacity of 13 million metric tonnes of slab and billet.

S'pore to buy stake in Natuna

S'pore to buy stake in Natuna SINGAPORE (AFX-ASIA): Keppel FELS Energy & Infrastructure Ltd said its unit Singapore Petroleum has bought a 15 percent stake in the West Natuna gas project.The acquisition was done by acquiring Burlington Resources Inc unit LL&E Indonesia Ltd, which holds the West...

No reshuffle in Golkar, Akbar remarks

No reshuffle in Golkar, Akbar remarks JAKARTA (JP): Golkar chairman Akbar Tandjung dismissed on Friday reports that the party's top leaders, including Attorney General Marzuki Darusman, are going to be replaced in the party's leadership meeting scheduled to begin here on Tuesday.

Mass protest set in Tangerang

Mass protest set in Tangerang TANGERANG (JP): Some 280,000 jobless residents in Tangerang are to stage a massive rally at the local City Hall, demanding the resignation of Regent Agus Djunara over his failure to eradicate unemployment in the area, a protest group spokesman said.

Sukabumi earthquake causes more than Rp 15m in losses

Sukabumi earthquake causes more than Rp 15m in losses BANDUNG (JP): The recent earthquake which shook Jakarta and some areas of West Java has resulted in financial losses of Rp 15 billion in the hardest-hit town of Sukabumi alone.

National Museum home to precious artifacts

National Museum home to precious artifactsBy Ida Indawati Khow The National Museum is a landmark of advanced researches on ethnography, anthropology and the languages of the Indonesian archipelago in the 18th century.

MAS to fly Japan's Okayama

MAS to fly Japan's Okayama TOKYO (DPA): Malaysia Airlines will begin regular flights to Okayama airport in western Japan in April next year, Okayama Governor Masahiro Ishii said on Friday.Ishii told a news conference that he was told by Malaysia Airlines executives when he made a recent visit to...

Brunei arrests 20 KL cultists

Brunei arrests 20 KL cultists BANDAR SERI BEGAWAN (Reuters): Brunei said it has arrested 20 people, including foreigners, believed to be members of a shadowy Muslim cult which staged a daring arms heist in neighboring Malaysia early this month.

Six alleged criminals killed by mobs in a week

Six alleged criminals killed by mobs in a week JAKARTA (JP): Six alleged criminals have been brutally killed by mobs, who decided to take the law into their own hands, at six separate locations in Jakarta, Tangerang, Bekasi and Bogor in the past seven days.

Don't be pessimistic

Don't be pessimisticFrom Media IndonesiaI often read pessimistic statements made by Minister of Defense Prof. Juwono Sudarsono in the newspaper. For example, after attending a program at the Jakarta International Energy Conference (JIEC), the minister said that until now the government had not been...

Garment workers get salary hike

Garment workers get salary hike PHNOM PENH (Reuters): Cambodian garment worker unions and factory owners have agreed an increase in the industry's monthly minimum wage from US$40 to $45, ending weeks of mass walkouts and at times violent demonstrations.

Persija's Leandro shows leniency

Persija's Leandro shows leniency JAKARTA (JP): The appeal commission of the Soccer Association of Indonesia (PSSI) showed leniency to Persija's midfielder, Luciano Leandro, on Thursday, allowing the Brazilian to play in the final of Bank Mandiri national soccer league if Persija manages to get that...

Surya Semesta launches ESOP

Surya Semesta launches ESOP JAKARTA (JP): An extraordinary shareholders meeting of publicly-listed PT Surya Semesta Internusa real estate and hotel developer on Friday decided to launch an employee stock ownership plan (ESOP) covering 36.98 million shares or 5 percent of the company's issued shares.

Juwono speaks on Maluku tragedy

Juwono speaks on Maluku tragedy The military has been censured for its inability to stop the violence in the Maluku islands. Minister of Defense Juwono Sudarsono candidly spoke to The Jakarta Post's reporter Fabiola Desy Unidjadja about this and the political situation as a whole.

Governor tells residents of Matraman to grow up

Governor tells residents of Matraman to grow up JAKARTA (JP): Governor Sutiyoso told Matraman residents, who were involved in their latest clash on Thursday, to settle their disputes and grow up for the benefit of themselves, their neighborhoods and the country."Stop being childish.

Activists protest death of farmer

Activists protest death of farmer MEDAN, North Sumatra: A horde of rights activists marched to the North Sumatra Legislative Council building on Friday to protest the death of a farmer who was allegedly shot by police during a demonstration on Wednesday.

S. Korea narrows hopefuls for reunion

S. Korea narrows hopefuls for reunion SEOUL (AP): South Korea's Red Cross narrowed to 200 the number of candidates on Friday for possible reunions with relatives in communist North Korea after half a century of separation.

Flying high in Bali

Flying high in Bali SANUR, Bali (JP): A total of 581 contestants are taking part in the three-day Bali Kite Festival 2000, which began on Friday."This year's event is bigger than the previous one. Apart from local participants, foreigners from the United States, Canada, Europe, China, Taiwan,...

SEAG volleyball training starts this year

SEAG volleyball training starts this year JAKARTA (JP): The Indonesian Volleyball Association (PBVSI) plans to start its women's and men's indoor team training program this year for the September 2001 Southeast Asian (SEA) Games in Kuala Lumpur.

Hendrawan, Budi advance to semis in Thailand Open

Hendrawan, Budi advance to semis in Thailand Open JAKARTA (JP): Indonesian men's singles shuttlers put in extraordinary performances against their young Chinese opponents Friday and cleared their way to the semifinals of the three-star Thailand Open in Bangkok.

RI imposes antidumping duty on Japan, Singaporean steel pipes

RI imposes antidumping duty on Japan, Singaporean steel pipes JAKARTA (JP): The government has decided to impose temporary antidumping duties of between five percent and 81 percent on welded steel pipe imports from Japan and Singapore.

$1.1 billion in nonbudgetary funds goes into state coffers

$1.1 billion in nonbudgetary funds goes into state coffers JAKARTA (JP): The director general of the state budget reported on Friday government ministries and state agencies had transferred about US$1.1 billion in nonbudgetary funds into a special state revenue account.

ASEAN urged to tighten environmental laws

ASEAN urged to tighten environmental laws SINGAPORE (AFP): Less developed ASEAN countries were urged on Friday to strengthen their environmental laws to prevent the dumping of hazardous waste in the region or its transfer across borders.

Focusing on SE Asia's foreign exchange wooers

Focusing on SE Asia's foreign exchange wooersBy Sonali Desai SINGAPORE (Reuters): The gloom shrouding Southeast Asia's currencies in the wake of the rupiah's steep drop has spurred talk in the markets of a contagion effect, but analysts are quick to dismiss the notion.

Telkom plans to enter cell phone market in 2001

Telkom plans to enter cell phone market in 2001 JAKARTA (JP): State-owned, listed telecommunications monopoly PT Telkom says it will maintain its position as an operator of fixed-line telephones while at the same time developing new business in the mobile telephony market.

RP ship sinks, 92 rescued

RP ship sinks, 92 rescued CEBU, Philippines (Reuters): Passing vessels and the coastguard rescued 92 passengers and crew of a Philippine ship that sank in bad weather on Friday but officials said four people were missing, including a five-year-old boy.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on July 14, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,995.00 9,995.00 9,448.00 9,542.00Australian dollar 1 5,273.77 5,865.07 5,539.36 5,599.25Austrian schilling 1 611.27 679.59 642.05 648.

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 Children's Program 3:00 Music 4:00 Regional News 4:30 Music 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...

IndoExchange's new service

IndoExchange's new service JAKARTA (JP): Financial and market news portal IndoExchange.com announced on Friday the launch of its new service on a website creation called WebKita.com.The new service, which was developed in partnership with global online website creation portal KwikWeb.

Soeharto's judicial proceedings

Soeharto's judicial proceedingsFrom KompasPresident Abdurrahman Wahid has repeatedly said former President Soeharto would be granted a presidential pardon on completion of judicial proceedings.I wonder why judicial proceedings are required when later on he will be pardoned? Why not start now with a...

Car dealers plan more price rises due to weak rupiah

Car dealers plan more price rises due to weak rupiah JAKARTA (JP): A number of car dealers in the capital are planning to raise their prices again soon because of the falling value of the rupiah, which has depreciated by more than 8 percent over the past month.

Longest eclipse to be visible

Longest eclipse to be visible BANDUNG (JP): Indonesians will be lucky to have an opportunity to view the longest total lunar eclipse of the century on Sunday, an astronomer said.Moedji Raharto, a staff member of the Boscha Observatory in Lembang, South Bandung, said on Friday the eclipse would last...

Political woes force down car sales

Political woes force down car sales JAKARTA (JP): The Association of Indonesian Automotive Industries (Gaikindo) said on Friday that domestic sales of new cars slightly dropped in June due to rising political uncertainty, and estimated that local sales would remain low until September.

Tax lawyer's practice

Tax lawyer's practice There has since long ago been a regulation stipulating that state enterprises (BUMN) wishing to settle their tax problems with the Tax Services Office (KPP) are forbidden to use tax consultant services. The goal is to minimize those enterprises' expenditures.

Indonesia against immediate OPEC emergency meeting

Indonesia against immediate OPEC emergency meeting JAKARTA (JP): Minister of Mines and Energy Susilo Bambang Yudhoyono said on Friday that Indonesia saw no need to hold an immediate emergency meeting of the Organization of Petroleum Exporting Countries (OPEC) to raise crude oil production.