Indonesian Political, Business & Finance News

Archive: 27 July 2000

63 articles found

Debtors must meet criteria to enjoy tax facility: JITF

Debtors must meet criteria to enjoy tax facility: JITF JAKARTA (JP): Companies whose debt restructuring process were mediated through the Jakarta Initiative Task Force (JITF) must meet certain criteria to enjoy a newly approved tax relief facility, JITF chairman Bacelius Ruru said on Wednesday.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on July 27, 2000: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 600 -40 12,500 Adindo Foresta Indonesia 300 -10 221,500 Alakasa Industrindo 900 0 0 Alfa...

Producing films

Producing filmsFrom Bisnis IndonesiaI've been longing to see good Indonesian films screened in public theaters beside good western ones. I was glad to watch the film Sherina the other day. It was OK. Congratulations!But where are the other good Indonesian films like Sherina? I understand how risky...

End the gas shortage

End the gas shortage The government must act quickly to overcome the present gasoline shortage before it gets worse. Cars lining up at gas stations and traffic snarls in the vicinity are for the present the main signals of the shortage.

What has the Left left abroad?

What has the Left left abroad?By Aboeprijadi Santoso AMSTERDAM (JP): Hundreds of Indonesian exiles, scattered across Europe for decades, are no longer "the pariah of the nation" since President Abdurrahman "Gus Dur" Wahid invited them to return home eight months ago.

New trend in marketing

New trend in marketing JAKARTA (JP): In a cluttered commercial era where consumers are bombarded with a plethora of commercials everyday, more businesses are questioning how much advertising now influences consumer purchasing decisions, according to public relations consultant Edward Depari.

Street vendors in Melawai oppose relocation program

Street vendors in Melawai oppose relocation program JAKARTA (JP): Hundreds of street vendors occupying several streets in the crowded Blok M shopping complex in Melawai, South Jakarta, have refused to leave the site and be relocated to other areas.

Budi's bond oversubscribed

Budi's bond oversubscribed JAKARTA (JP): Publicly listed tapioca starch producer PT Budi Acid Jaya said on Thursday its Rp 200 billion (about US$23.5 million) bond issue was oversubscribed by 21 percent.

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Program 9:00 Interval 12:30 p.m. Film 2:00 News 2:30 Children's Program 3:30 Documentary 4:00 Regional News 5:30 TVRI News (in English) 6:30 Religious Teachings 7:00 Evening News 7:30 TV Drama 8:00 Sports 9:00 News 9:30 TV Series:...

East Timor rival factions meet in Bali

East Timor rival factions meet in Bali DENPASAR, Bali (JP): East Timor pro-independence and ex- militia fighters commenced here on Wednesday a two-day meeting to accelerate the return of tens of thousands of East Timorese refugees remaining in East Nusa Tenggara to the former Indonesian province.

Refugees die of starvation

Refugees die of starvation MAKASSAR, South Sulawesi: At least 15 East Timorese refugees in the province have died of starvation since September, an East Timorese activist said on Wednesday.The coordinator of the refugees, Santos Norvaju Ximenes, said the living conditions of the 6,500 East Timorese...

Soeharto to face trial for alleged graft on state funds

Soeharto to face trial for alleged graft on state funds JAKARTA (JP): State prosecutors are ready to file charges against former president Soeharto for misusing Rp 1.4 trillion (around US$155 million) of state funds that have gone to his seven tax-free charity foundations.

RP peacekeepers downed by malaria

RP peacekeepers downed by malaria MANILA (AFP): More than half the 577 Filipino soldiers who served with the UN peacekeeping force in East Timor returned stricken with malaria, a military spokesman said on Wednesday.

IMI offers towing service

IMI offers towing service JAKARTA (JP): The Indonesian Automobile Association (IMI) will launch its towing service for Jakartans starting late this month following complaints from motorists over the unprofessional services available."Many towing officers push customers into a hard bargain," Arief P.

Racer Chandra eyes two titles in Palembang

Racer Chandra eyes two titles in Palembang JAKARTA (JP): Senior racer Chandra Alim is targeting two titles in the third leg of the national speed rally and fourth leg of the sprint rally in Palembang, South Sumatra, this weekend.

Wayan Sujana's maternal longings shape his paintings

Wayan Sujana's maternal longings shape his paintingsBy Putu Wirata DENPASAR, Bali (JP): The themes of women, their inner exploration and their gender perspective are a major trend among artists -- especially feminist ones.

Giving credit where it's due

Giving credit where it's dueFrom KompasIn a report Asked to step down because of criminal charges (Kompas, June 8), President Abdurrahman Wahid said, as Bank Indonesia Governor Syahril Sabirin has said, that director of Bank Rakyat Indonesia (BRI) Prijadi was the one who thought up of the idea of...

7 karatekas to join Nagano meet

7 karatekas to join Nagano meet SEMARANG (JP): Kei Shin Kan (KSK) Karateka-Do Indonesia will send seven karatekas for the 42nd Hardcontact international championships in Nagano, Japan, on Aug. 5 and Aug. 6.

Better surveillance at airport

Better surveillance at airport JAKARTA (JP): Custom and excise officials at Soekarno-Hatta International Airport will increase surveillance of passengers and baggage in an attempt to stop transport of illegal drugs out of the country, an official said.

Spotlight

SpotlightPhoto A: SantikaVICE PRESIDENT OPENS CONFERENCE: Vice President Megawati Soekarnoputri (center) is greeted as the guest of honor by Hotel Santika Manado's General Manager Markus Sigmann (second right) and PDI Perjuangan executive Theo Safei (fifth left).

Ernst & Young opens new office

Ernst & Young opens new office SURABAYA (JP): International consulting firm Ernst & Young, Hanadi & Sandjaja announced on Wednesday the opening of its new office here in a move to strengthen its operation in the capital city of East Java.

Rare art exhibit a treat for public

Rare art exhibit a treat for publicBy Amir Sidharta JAKARTA (JP): Although art enthusiasts might be familiar with the name of Kartono Yudhokusumo, knowledge about his artistic oeuvre is relatively limited.

Hoodlums, from Majapahit to Kampung Rambutan

Hoodlums, from Majapahit to Kampung RambutanBy Dewi Anggraeni MELBOURNE (JP): Indonesia has been hit by rolling violence, spreading from province to province.It is not possible to speak of violence in the country without looking into a phenomenon of thuggery known as premanism, which is sometimes...

Illegal logging threatens Tanjung Puting park: Report

Illegal logging threatens Tanjung Puting park: Report JAKARTA (JP): Environmental destruction resulting from illegal logging is continuing in the Tanjung Puting National Park in Central Kalimantan, non-governmental organizations revealed on Wednesday.

Supply of gas back to normal

Supply of gas back to normal JAKARTA (JP): The long lines of motorists waiting for gasoline at stations across the capital began to ease on Wednesday evening.Until midday, most gas stations in Greater Jakarta were out of leaded fuel, locally known as premium, and unleaded gas, or premix, forcing...

Mystery around Bung Karno's death

Mystery around Bung Karno's deathFrom Forum KeadilanForum Keadilan's June 25, 2000, edition once again explored the mystery surrounding the death of Indonesia's first president, Soekarno, popularly called Bung Karno. This mystery is a historical fact whose truth has been "hidden".

Private security forces banned during MPR session

Private security forces banned during MPR session JAKARTA (JP): Unlike past practices, all political parties and mass organizations will be prohibited from deploying their security forces at the upcoming general session of People's Consultative Assembly (MPR) because it is feared their...

Conversion Rates

Conversion RatesBank Indonesia's conversion rates on July 26, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,605.00 9,605.00 9,059.00 9,151.00Australian dollar 1 5,042.53 5,638.14 5,308.57 5,371.64Austrian schilling 1 587.45 656.07 618.45 625.

MPs need code of conduct: Scholars

MPs need code of conduct: Scholars JAKARTA (JP): Political observers and scholars called on the government on Wednesday to introduce a code of conduct for members of the House of Representatives to enable them to behave more prudently and wisely in channeling the aspirations of the people they...

In support of Soeharto

In support of SoehartoFrom KompasRegardless of the respect that must be paid to the People's Consultative Assembly as an institution representing the aspirations of the Indonesian people, allow me to call on the Indonesian people to stop claiming that Soeharto be taken to court. He is an old man.

Artist inspired by innocence of children

Artist inspired by innocence of childrenBy Pavan Kapoor JAKARTA (JP): Amid the current rush of abstract and surreal art exhibitions, where the mind is constantly challenged while trying to scrutinize and fathom the artist's neurological impulses, Suprobo's paintings surely feel like a splatter of...

Canadian firm to acquire Dharmala stake

Canadian firm to acquire Dharmala stake JAKARTA (JP): Manulife Financial of Canada, foreign partner of joint venture PT Asuransi Jiwa Manulife Indonesia (AJMI), has placed a Rp 160 billion (US$17.7 million) bid to acquire now insolvent PT Dharmala Sakti Sejahtera's (DSS) 40 percent stake in the...

Speech must not be confused with impeachment: Expert

Speech must not be confused with impeachment: Expert JAKARTA (JP): A regional administration expert told legislators and the public on Wednesday not to confuse the hearing sessions for governors' annual accountability speeches with forums to impeach the regional administration heads.

Gasoline shortage

Gasoline shortage Although gasoline supplies began to return to normal on Wednesday, the severe shortage that fueled panic and prompted long queues at gasoline stations in Greater Jakarta on Tuesday raised again serious issues about the capability of the state oil monopoly, Pertamina, fuel...

KPC risks losing buyers following mine closure

KPC risks losing buyers following mine closure JAKARTA (JP): Coal mining company PT Kaltim Prima Coal (KPC) might lose some of its customers following the closure of its coal mine in the Sanggata regency, East Kalimantan, a company executive said on Wednesday.

Pama restructures debts

Pama restructures debts JAKARTA (JP): Publicly listed PT United Tractors heavy machinery company announced on Wednesday that its mining subsidiary, PT Pamapersada Nusantara (Pama) has restructured its foreign debts of US$38.7 million to nine foreign creditors.

15 NGOs establish new antiporn society

15 NGOs establish new antiporn society JAKARTA (JP): Fifteen nongovernmental organizations founded the Anti-Pornographic Society (MTP) on Wednesday in an effort to curb pornographic images in the media.

Maluku seeks Jakarta's help in expelling Jihad Force

Maluku seeks Jakarta's help in expelling Jihad Force AMBON, Maluku (JP): The executor of the civil emergency status in Maluku, Governor Saleh Latuconsina, called on Wednesday for support from the central government and related authorities in expelling the Jihad Force from the territory.

30 firms investigated over Riau forest fires

30 firms investigated over Riau forest fires JAKARTA (JP): More than 30 companies are under investigation for their alleged roles in the recent forest fires in Riau, a provincial administration official said on Wednesday.

Police arrest suspect, seize fake money

Police arrest suspect, seize fake money JAKARTA (JP): Police detectives arrested Yulius Sendjaya, alias Erick Halim, and seized counterfeit U.S. dollars and narcotics from his house on Jl. Perkasa in Sunter Agung subdistrict, North Jakarta, an officer said on Wednesday.

PKB elects Abdurrahman as its chief patron

PKB elects Abdurrahman as its chief patronBy Ainur R. Sophiaan and Ahmad Junaidi SURABAYA (JP): The ongoing congress of the National Awakening Party (PKB) was practically over as President Abdurrahman Wahid was unanimously elected on Wednesday as the party's chief patron with incumbent chairman...

Bambang corrects BPK figures

Bambang corrects BPK figures JAKARTA (JP): Minister of Finance Bambang Sudibyo clarified the correct figure involved in the irregularities found in the Supreme Audit Agency (BPK)'s audit of the state budget and state companies for the 1999/2000 fiscal year that ended in March.

Many buildings without permits

Many buildings without permits TANGERANG (JP): Only 30 percent of building owners possess land building permits (IMB) in Tangerang, creating an obstacle for the local administration in collecting taxes.Tangerang Mayoralty Building Agency chief Achmad Basyari said that the city will only obtain Rp 1.

Joint border guard posts to be moved

Joint border guard posts to be moved KUALA LUMPUR (Antara): Indonesia and Malaysia will move the locations of their joint border guard posts in Borneo to spots where according to their present security interests close surveillance is more needed, reports here said.Malaysian Army Commander Gen.

Restoration plan to boost glory of ancient Besakih temple

Restoration plan to boost glory of ancient Besakih templeBy I Wayan Juniarta DENPASAR, Bali (JP): The ancient temple Besakih, with towering Mount Agung in the background, is perhaps one of the most popular attractions of Bali, having been shown in most tourism brochures, travel magazines, and Bali...

Bank Indonesia to install bank inspectors next week

Bank Indonesia to install bank inspectors next week JAKARTA (JP): Bank Indonesia will permanently install its supervisory officials in domestic banks starting early next week in a bid to improve the effectiveness of its banking supervisory function, a senior official of the central bank said on...

INACA downplays discounts given by new airlines

INACA downplays discounts given by new airlines JAKARTA (JP): The Indonesian National Air Carrier Association (INACA) played down on Wednesday concerns raised by major airlines over big price discounts offered by new airlines.

Where to go in Bali:

Where to go in Bali:Exhibitions * Painting Exhibition: My Woman by Wayan Sujana at Vanessa Fine Art Gallery, in Ubud, July 27. * Painting Exhibition: Kebiar Seni VI Bibit, at Museum Puri Lukisan, Jl. Raya Ubud, Gianyar (Phone: 0361 975136), 8 a.m. to 4 p.m., until Oct. 2.

Suwandi, Hendri into quarterfinals

Suwandi, Hendri into quarterfinals JAKARTA (JP): Indonesian men's tennis players Suwandi and Hendri Susilo Pramono reached the men's singles quarterfinals of the Extra Joss Future-4 at Kemayoran Tennis Center here.

Jakarta's gold traders face slow business

Jakarta's gold traders face slow business JAKARTA (JP): With political and economic stability continuing to plague the country, the gold business in the capital has remained a sluggish one.The owners of several jewelry stores on Jl.

Tennis indoor stadium not appropriate for ABC c'ships: Leo

Tennis indoor stadium not appropriate for ABC c'ships: Leo JAKARTA (JP): The recent success of the US$150,000 Sanyo Indonesia Open at the Senayan Tennis Indoor Stadium has apparently concerned Badminton Association of Indonesia (PBSI) secretary-general Leo Chandra Wiranata.

Tanah Kusir hero cemetery

Tanah Kusir hero cemeteryFrom RepublikaA cemetery specifically designed for Indonesia's independence pioneers and fighters has been officially opened at the Tanah Kusir Public Cemetery (TPU Tanah Kusir), Jakarta.

Asia's giants back ASEAN's support for RI

Asia's giants back ASEAN's support for RIBy Meidyatama Suryodiningrat BANGKOK (JP): A day after receiving support for its national integrity in an ASEAN communique, Indonesia enjoyed another diplomatic boost on Wednesday when the foreign ministers from China, Japan and South Korea voiced similar...

Residents rally over electricity

Residents rally over electricity BANDUNG: The West Java Legislative Council met with 200 residents from the districts of Arjasari, Banjaran, Solokan Jeruk and Ciparay on Wednesday who demanded the council assist them in settling a dispute with state-owned electricity firm PT PLN.

Theft suspects burned by residents

Theft suspects burned by residents JAKARTA (JP): Residents burned two people on Wednesday for their alleged involvement in repeated thefts in Palmeriam area, Matraman district, East Jakarta, a police report said.

EU says policy toward Myanmar stays unchanged

EU says policy toward Myanmar stays unchanged BANGKOK (AFP): The European Union's policy of keeping Myanmar at arm's length will remain unchanged as long as human rights violations continue, EU foreign policy chief Javier Solana and external relations commissioner Chris Patten said on Wednesday.

Asian talks focus on regional security

Asian talks focus on regional security BANGKOK (Reuters): Southeast and north Asia took a step towards forming what could be a powerful regional bloc as the presence of North Korea at landmark talks put the spotlight firmly on security.

Grenade blast injures at least 18 in Jolo

Grenade blast injures at least 18 in Jolo JOLO, Philippines (Agencies): At least 18 people were wounded, one critically, by a grenade tossed early Wednesday at a busy coffee shop in Jolo, the capital of the island where Muslim extremists are holding about 30 hostages, witnesses said.

EU maintains Myanmar policy

EU maintains Myanmar policy SINGAPORE (AFP): The European Union's policy of keeping Myanmar at arm's length will remain unchanged as long as human rights violations continue, EU foreign policy chief Javier Solana said on Wednesday.

Entente inevitable, but still remote

Entente inevitable, but still remoteBy Karl Grobe FRANKFURT (DPA): The recent Korean summit meeting would appear to have removed at least one source of recurring tension in Southeast Asia. And if the current exchanges over the Taiwan Strait between China and Taiwan, once decoded, also prove...

Stateless ethnic Chinese to get RI citizenship

Stateless ethnic Chinese to get RI citizenship JAKARTA (JP): After decades of waiting, some 140,000 stateless ethnic Chinese will finally get Indonesian citizenship before the end of the year courtesy of a 1995 presidential ruling, Antara reported on Wednesday.

Malaysia arrests five senior leaders of Islamic cult

Malaysia arrests five senior leaders of Islamic cult KUALA LUMPUR (Agencies): Five senior leaders of an Islamic cult accused of planning a "holy war" to topple the Malaysian government have been arrested under the Internal Security Act, police said on Wednesday.

India ponders hike in palm olein duty

India ponders hike in palm olein duty BOMBAY (Reuters): India's agriculture ministry on Wednesday said it had recommended a further hike in the import duty on palm olein after last month's rise, under pressure from a domestic industry hit by rising imports.