Indonesian Political, Business & Finance News

Archive: 25 July 2000

49 articles found

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on July 24, 2000: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 675 40 56,000 Adindo Foresta Indonesia 310 -10 685,500 Alakasa Industrindo 900 25 5,000 Alfa...

Media exaggerate haze problem

Media exaggerate haze problem KUALA LUMPUR (AFP): Foreign news agencies with a possible political agenda are exaggerating Malaysia's haze problem, Prime Minister Mahathir Mohamad complained on Monday.A smoky haze from Indonesian forest fires covered a large part of the country on July 15, prompting...

Seven questioned over the death of senior FPI member

Seven questioned over the death of senior FPI member JAKARTA (JP): City police detectives have questioned seven witnesses in connection with the murder of Habib Saleh bin Abdullah Alatas, a leading figure in the Islam Defenders Front (FPI), an officer said on Monday.

RI to file complaint at WTO

RI to file complaint at WTO JAKARTA (JP): The Indonesian Polyester Fiber Producers will file a complaint with the World Trade Organization (WTO) against antidumping measures imposed on their products by the European Commission.

ASEAN to address transborder problems

ASEAN to address transborder problemsBy Meidyatama Suryodiningrat BANGKOK (JP): Foreign ministers of the Association of Southeast Asian Nations (ASEAN) agreed on Monday to the establishment of an ASEAN Troika, a rapid reaction ad hoc committee to deal with transborder problems occurring between...

Income tax law amended

Income tax law amended JAKARTA (JP): Middle-income individual taxpayers will bear a lighter tax burden, regional administrations will receive 20 percent of individual income tax receipts and luxury sales taxes can be raised to a maximum of 75 percent, according to amendments to five tax laws...

Bird sellers look for new businesses amid crisis

Bird sellers look for new businesses amid crisis JAKARTA (JP): Amid the sound of heavy traffic above and the cheering of some gamblers below, a bird seller stared blankly at passersby under the overpass at the Kebayoran Lama market in South Jakarta.

From Okinawa with tears

From Okinawa with tears No doubt many Indonesians were honestly, and perhaps a bit naively, expecting to get some benefit from the just-concluded summit of industrialized countries on the Japanese island of Okinawa.However, there was no (more) writing off of the debts of poor countries.

Where to go in Bandung for Tuesday, July 25, 2000

Where to go in Bandung for Tuesday, July 25, 2000Film* French Film at CCF - French Cultural Center, Jl. Purnawarman 32 (Phone 4212417), 2 p.m., 6:30 p.m.: L.627, July 25. L'appat, July 28. La vie est un long fleuve tranquille, August 1.

FPI destroys 82 kiosks used for vice activities

FPI destroys 82 kiosks used for vice activities TANGERANG (JP): Thousands of members of the Islam Defenders Front (FPI) burned and destroyed 82 kiosks on the Tahang riverbank in Salembaran Jati village of Kosambi district here on Monday, accusing the owners of running vice activities on their...

Govt reviews agreement with former bank owners

Govt reviews agreement with former bank owners JAKARTA (JP): Coordinating Minister for the Economy, Finance and Industry Kwik Kian Gie said on Monday the government was reviewing a debt settlement agreement signed by former bank owners and the Indonesian Bank Restructuring Agency (IBRA) last year.

Villager's plan nets a big catch

Villager's plan nets a big catchBy Lisa Rogers JAKARTA (JP): At first the logic seems a bit crazy: stop fishing in one place so you can catch more fish in another. But that's exactly how the people of a small village in North Sulawesi have reinvigorated their fishing grounds.

China vows to facilitate trade with RI

China vows to facilitate trade with RI JAKARTA (JP): Visiting Chinese vice president Hu Jintao promised here on Monday to help improve bilateral trade with Indonesia."We welcome investment in China by Indonesian entrepreneurs and we also encourage qualified Chinese businesses to invest and open...

Golkar in opposition?

Golkar in opposition? In the midst of the recent agitation over the use by the House of Representatives right of interpellation -- which Golkar also supported -- the party's chairman Akbar Tanjung announced that Golkar was ready to go into opposition.

Attorney General to probe May riots

Attorney General to probe May riots JAKARTA (JP): Attorney General Marzuki Darusman has set a one- week deadline for the National Commission on Human Rights (Komnas HAM) to integrate data on the May 1998 riots and submit the reports to his office for further legal action.

Gus Dur to increase welfare of TNI in exchange to loyalty

Gus Dur to increase welfare of TNI in exchange to loyaltyBy Ahmad Junaidi MALANG, East Java (JP): President Abdurrahman Wahid promised on Monday to improve the welfare of Indonesia Military (TNI) personnel in exchange for their loyalty to the government.

State companies owe Rp 141m

State companies owe Rp 141m BANDUNG: The land tax arrears from the West Java division of the state-owned telecommunications company PT Telkom and electricity company PLN have reached Rp 427 million, West Java Governor R. Nuriana said on Monday.

City seeks 20% hike in minimum wage

City seeks 20% hike in minimum wage JAKARTA (JP): The city administration bowed to union demands on Monday to seek a mid-term review of the minimum wage for workers in the capital, saying that it would push for a 20 percent hike from the central government.

IBRA debtor asks for time to negotiate debts

IBRA debtor asks for time to negotiate debts JAKARTA (JP): Facing a bankruptcy suit from the Indonesian Bank Restructuring Agency (IBRA), PT Mustika Niagatama Nusantara has asked the Jakarta Commercial Court to give time for the company to negotiate debt rescheduling terms with its creditors.

Laos asks Thailand to expel rebels

Laos asks Thailand to expel rebels BANGKOK (AP): Laos urged Thailand to speed up the extradition of 28 rebels who attacked a Lao border checkpoint, saying Monday that the slow process was hurting bilateral relations.

Wonosobo's Purwaceng coffee selling well

Wonosobo's Purwaceng coffee selling wellBy Bambang M. WONOSOBO, Central Java (JP): It looks just like any other coffee: Black powder in small packs. But you will experience a difference as soon as you mix it with hot water, stir and drink it. It has a ginger flavor.

ASEAN countries urged to make region "child soldier free zone"

ASEAN countries urged to make region "child soldier free zone" BANGKOK (AP): The use of children as soldiers in armed conflicts appears to be increasing in Indonesia, the Philippines and Laos, a group opposed to the practice said Monday, urging Southeast Asian nations to declare the region a "child...

Philippine minister: ASEAN must fight transnational crime

Philippine minister: ASEAN must fight transnational crime BANGKOK (AP): Philippine Foreign Minister Domingo Siazon said on Monday that ASEAN quickly needs a task force to fight transnational crime like trafficking in drugs, arms and human beings.

Military to deport 1,900 'jihad' members from Maluku

Military to deport 1,900 'jihad' members from Maluku MALANG, East Java (JP): The Indonesian Military (TNI) announced on Monday that it would soon begin deporting some 1,900 members of Laskar Jihad (Jihad Force) from Maluku as part of its campaign to restore peace and order to the area.Brig. Gen.

Fortis provides $500m for trade financing

Fortis provides $500m for trade financing JAKARTA (JP): Netherlands-based Fortis Bank NV agreed on Monday to provide US$500 million in a trade financing scheme aimed at assisting Indonesian exporters.Under the scheme, Fortis will finance the purchase of raw materials using the end products as...

Small donation for big payoff?

Small donation for big payoff?By Bob Burton SYDNEY (JP): Should an Australian legal rights group in "partnership" with one of the world's largest mining companies be involved in helping draft Indonesian legislation on the environment, human rights and corporate governance?The mining company, Rio...

Kurniawan and Putu Gede get berths in national team

Kurniawan and Putu Gede get berths in national team JAKARTA (JP): Following their excellent performances in the just-concluded Bank Mandiri national soccer league, the Soccer Association of Indonesia (PSSI) invited Kurniawan Dwi Yulianto of PSM Makassar and I Putu Gede of Arema Malang to join the...

Bob Hasan arrested again on graft charges

Bob Hasan arrested again on graft charges JAKARTA (JP): Timber tycoon Mohammad "Bob" Hasan will spend another 20 days behind bars after the Attorney General's Office announced on Monday his arrest for his alleged mishandling of US$84 million provided for export promotion.

End bloodshed in Maluku!

End bloodshed in Maluku! How can matters go on as usual in Indonesia with the Laskar Jihad force at work in the islands of Maluku, and threatening Lombok? Where are the 200 million religious Indonesians voicing there outrage and anguish that their youth and military are massacring innocent men,...

PNG assures support for RI's territorial integrity

PNG assures support for RI's territorial integrity BANGKOK (JP): Indonesian Minister of Foreign Affairs Alwi Shihab during a meeting with his Papua New Guinea counterpart Sir John Kaputin here on Monday received assurances that the neighboring state recognizes Indonesia's territorial integrity...

Quality, cheap prices lure people to buy used clothing

Quality, cheap prices lure people to buy used clothing JAKARTA (JP): Fashion hunters can now find good quality clothes at cheap prices at Senen market in Central Jakarta or Glodok market in West Jakarta.

Govt spends Rp 1.4t on Aceh humanitarian pause

Govt spends Rp 1.4t on Aceh humanitarian pause BANDA ACEH, Aceh (JP): The government has allocated Rp 1.4 trillion (US$155 million) to finance the implementation of the Joint Understanding on Humanitarian Pause in Aceh, Acting Governor Ramli Ridwan said on Monday.

Abdurrahman to officially join PKB: Muhaimin

Abdurrahman to officially join PKB: MuhaiminBy Ainur R. Sophiaan and Ahmad Junaidi SURABAYA (JP): President Abdurrahman Wahid will officially join the National Awakening Party (PKB) which he founded two years ago, the party's secretary-general Muhaimin Iskandar said on Monday.

Asian monies mostly down, with baht at 9-month low

Asian monies mostly down, with baht at 9-month low SINGAPORE (Dow Jones): Most Asian currencies were weaker late Monday, with the Thai baht skidding to its lowest level in more than nine months and casting a pall on most other Southeast Asian currencies.

Thai team to visit North Korea

Thai team to visit North Korea BANGKOK (Reuters): North Korea has invited a Thai delegation to visit Pyongyang next month for talks on a range of economic and trade issues, a senior Thai official said on Monday.

Irianese leader seeks special autonomy

Irianese leader seeks special autonomy JAKARTA (JP): The sooner the central government gives Irian Jaya special autonomy, the better Jakarta's chance of silencing the demands for independence emanating from the province, a political leader in Irian Jaya said.

Legal action to be taken against closed bank owners

Legal action to be taken against closed bank owners JAKARTA (JP): Attorney General Marzuki Darusman said on Monday his office would immediately take legal action against the owners of four banks closed down by the government last year.

Police hand over suspect in Bulog scam

Police hand over suspect in Bulog scam JAKARTA (JP): City Police submitted to the Jakarta Prosecutor's Office on Monday the dossier on Sapuan, the main suspect behind the Rp 35 billion (US$3.9 million) scandal at the State Logistics Agency (Bulog).

ASEAN shifts its weight toward East Asia

ASEAN shifts its weight toward East AsiaBy Kavi Chongkittavorn BANGKOK: The Association of Southeast Asian Nations (ASEAN) is shifting its external relations, which have been traditionally focused on Western countries, towards the Asian region.

Bus crash kills one

Bus crash kills one BANDUNG: A 30-year-old salesman was crushed to death and at least a dozen more injured when a minibus lost control and rolled over in Cililin district, Bandung regency on Monday morning, police said.

House defers, not defuses, row with President

House defers, not defuses, row with President JAKARTA (JP): The House of Representatives, under pressure to defuse tension with President Abdurrahman "Gus Dur" Wahid, has temporarily deferred further moves against the head of state as it begins a three-week recess on Tuesday.

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Songs 8:30 Music 9:00 Interval 2:00 p.m. News 2:30 Children's Performance 3:00 Documentary 3:30 Music 4:00 Regional News 4:30 Talk Show 5:30 News (in English) 6:00 Sports 6:30 Music 7:00 Evening News 7:30 TV Drama 9:00 News 9:35...

Flower expo at Rawa Belong

Flower expo at Rawa Belong JAKARTA (JP): Flower traders and floriculturalists at the popular Rawa Belong market in Kebon Jeruk, West Jakarta, are to hold a 12-day exhibition at their trading stands on Jl. H. Sulaeman beginning this Wednesday.

Higher antidumping duties urged for Japanese steel

Higher antidumping duties urged for Japanese steel JAKARTA (JP): The Indonesian Association of Steel Pipe Producers (Gapipa) has asked the Indonesian Antidumping Committee (KADI) to impose higher antidumping duties against Japanese welded steel pipes.

Boy arrested for stealing

Boy arrested for stealing YOGYAKARTA: Police arrested here on Monday a 12-year-old elementary student for an alleged motorcycle theft at the Umbul Harjo bus station.Chief of Yogyakarta Police detective unit First Insp. R.

Stolen cars await owners: Police

Stolen cars await owners: Police JAKARTA (JP): City police spokesman Supt. Zainuri Lubis said on Monday 247 of over 600 recovered stolen cars had not been reclaimed by owners, even though the vehicles had been sitting in the city police parking lot since last year.

Good governance and transparency discussed at ASEAN meeting

Good governance and transparency discussed at ASEAN meetingBy Meidyatama Suryodiningrat BANGKOK (JP): Human development and nontraditional pursuits such as good governance were underlying themes at the opening of the 33rd ASEAN Ministerial Meeting here on Monday.

Conversion Rates

Conversion RatesBank Indonesia's conversion rates on July 24, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,400.00 9,400.00 8,855.00 8,945.00Australian dollar 1 4,935.00 5,527.20 5,202.31 5,259.66Austrian schilling 1 571.81 640.16 602.78 609.

Alleged car thief shot by police

Alleged car thief shot by police BOGOR (JP): One of two alleged car thieves was fatally shot by police in the wee hours of Monday when they accidentally crossed paths in Sukmajaya village, an officer said.Bojong Gede Police chief First Insp.