Indonesian Political, Business & Finance News

Archive: 9 August 2000

54 articles found

Cetro fights for direct presidential elections

Cetro fights for direct presidential elections JAKARTA (JP): A coalition of 12 organizations campaigning for a direct presidential election system in 2004 is taking its battle to the corridors of the People's Consultative Assembly (MPR) which convenes its Annual Session this week.

Luhut regrets govt ban on dot-com investors

Luhut regrets govt ban on dot-com investors JAKARTA (JP): Minister of Industry and Trade Luhut Pandjaitan said on Tuesday the recent ban of foreign investors in the country's nascent Internet sector was against the government's drive to attract foreign funds.

Books on Communism hot sellers at MPR

Books on Communism hot sellers at MPR JAKARTA (JP): The People's Consultative Assembly (MPR) may reject President Abdurrahman Wahid's call to revoke the 1965 decree prohibiting communism, but books on communism and leftist figures were the most popular sellers at a book kiosk on the Assembly...

Where to go in Surabaya:

Where to go in Surabaya:Exhibition * Design Exhibition at CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5678639), through August 26.Performance * Concert: Surabaya Symphony Orchestra - Robin Clavreul (French Cellist), Jean-Paul Minelli Bella (French Arpeggina Player), Hansjorg Koch...

Search for missing Aceh activist begins

Search for missing Aceh activist begins BANDA ACEH, Aceh (JP): Security authorities began searching on Tuesday for the chairman of the New York-based nongovernmental organization International Forum for Aceh (IFA), Jafar Sidik Hamzah.

Constitutional crisis?

Constitutional crisis? The Second Amendment to the 1945 Constitution, now being discussed at the People's Consultative Assembly (MPR), is actually a series of alterations to Indonesia's basic law. The proposed amendment contains as many as 29 items, which if approved, will expand the 1945...

Headline: So underwhelming

Headline: So underwhelming Amien Rais, leader of an important Indonesian political party, got it about right when asked to appraise President Abdurrahman Wahid's speech of apology yesterday to a highly critical parliament. He said that it was "okay".

Legislator misses a beat on stage

Legislator misses a beat on stage JAKARTA (JP): Reading a faction's general response before a nationally televised audience is no easy task.It becomes even harder when all the eyes of the nation are upon you and the first page of what is supposed to be read is missing.

Police reenact events prior to bombing

Police reenact events prior to bombing JAKARTA (JP): As part of their ongoing investigation into last week's bomb blast outside the residence of Philippine Ambassador Leonides T. Caday, city police detectives reenacted on Tuesday the chronology of the incident on Jl. Imam Bonjol in Central Jakarta.

Asian currencies mostly up late on improved rupiah sentiment

Asian currencies mostly up late on improved rupiah sentiment SINGAPORE (Dow Jones): Improved sentiment toward the Indonesian rupiah pushed most Asian currencies higher late Tuesday, dealers said.The New Taiwan dollar was marginally higher after the central bank intervened, while the South Korean...

Regional representatives demand their own faction

Regional representatives demand their own faction JAKARTA (JP): Regional representatives are stepping up their fight to be recognized as a separate faction and not to be merged with the factions of their respective political parties in the People's Consultative Assembly.

Officials suspect boar meat was dumped by suppliers

Officials suspect boar meat was dumped by suppliers JAKARTA (JP): Officials from the City Animal Husbandry Agency said on Tuesday they suspected the nearly one ton of wild boar meat found in a sewer in Kemayoran, Central Jakarta, on Sunday was dumped by distributors following a significant drop in...

Mediterranean fusion at Tuscany restaurant, Bandung

Mediterranean fusion at Tuscany restaurant, Bandung BANDUNG (JP): After a day out on Shoe Street and Jeans Street, and having nasi Padang for lunch and gorging ourselves at every other es cendol and pisang goreng stall on the street, we decided to settle for something continental for dinner.

WB did not finance airport project

WB did not finance airport project On your column "Across the Archipelago" on Aug. 5, 2000, there was a story entitled Ketaping airport project "to resume". The fourth paragraph stated: "According to ICW, the airport project, which is to be funded by the World Bank, is tainted by corruption,...

Routine bomb sweep at AG office

Routine bomb sweep at AG office JAKARTA (JP): Following a series of bomb blasts and threats in the capital recently, the Attorney General's Office initiated on Tuesday a routine bomb sweep within the office compound, an official said.

Photo album

Photo albumPhoto A: StandJP/bayBOTTOMS UP: Golkar faction members Usman Ermulan (left) and A. Djahidin (right) sip from a glass of jamu herbal medicine at one of the stands in the People's Consultative Assembly compound.

Traffic dispute ends in shooting

Traffic dispute ends in shooting BANDUNG: Twenty-eight-year-old Dedi Junaedi was shot in the leg by another motorist after becoming involved in a traffic dispute on Jl. Sukajadi here on Monday morning.Dedi was reportedly driving to an auto repair shop at about 10 a.m.

Ruben, Danny into selection finals

Ruben, Danny into selection finals JAKARTA (JP): Grand Master (GM) Ruben Gunawan and International Master (IM) Danny Juswanto progressed on Sunday to the final of the 34th Chess Olympics Games national selection tournament here.

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 Program 3:30 Music 4:00 News 4:30 Health Program 5:30 TVRI News (in English) 6:30 Cultural Program 7:00 Evening News 7:30 TV Drama 8:00 Sport 8:30 Talk Show 9:00 News...

Half-hearted reform in TNI

Half-hearted reform in TNIFrom Jurnal IndonesiaThe larger part of the community is of the opinion that the Indonesian Military (TNI) has been half-hearted in undertaking its reform, which it kicked off in October 1998.

Message from the Ambassador

Message from the Ambassador Today is Singapore's National Day. As we celebrate our 35th year of Independence, and Indonesia prepares to celebrate its 55th Independence Day on August 17, I would like to take this opportunity to highlight the key areas of cooperation between the two countries.

Aprilia, Bayu to join German Open

Aprilia, Bayu to join German Open JAKARTA (JP): Women's judoka Aprilia Marzuki and men's judoka Kresna Bayu will compete in the German Open judo championships in Frankfurt on Aug. 13 and Aug. 14 as a warm-up for the 2000 Olympic Games in Sydney.

Ovarian cancer, a silent killer for Indonesian women: Study

Ovarian cancer, a silent killer for Indonesian women: Study JAKARTA (JP): Pouring talcum powder on your body just after a bath can make you feel fresh and fragrant. But, be careful, a study reveals that a woman who has used talc in her genital area for years may be at a high risk of developing...

Students urge law enforcement

Students urge law enforcement SURABAYA: Around 100 students from a number of universities staged a protest on Tuesday to demand the government focus on enforcing the law, particularly in the case involving former president Soeharto.

Official gets lost in the crowd

Official gets lost in the crowd JAKARTA (JP): Noted commentator Andi Mallarangeng may know his way around politics, but he seemed quite "lost" at a political venue like the House of Representatives compound.

Asia rebounding, but Indonesia lagging: Koehler

Asia rebounding, but Indonesia lagging: Koehler WASHINGTON (Dow Jones): Indonesia continues to lag its Southeast Asian neighbors in rebounding from the financial crisis of three years ago and President Abdurrahman Wahid must set a clear path to recovery, the head of the International Monetary Fund...

Korea helps IBRA with asset disposal program

Korea helps IBRA with asset disposal program JAKARTA (JP): The Korea Asset Management Corporation (KAMCO) agreed here on Tuesday to help the Indonesian Bank Restructuring Agency (IBRA) sell the assets it has received from the former owners of the country's closed and recapitalized banks.

Soldier killed in fresh violence in Ambon

Soldier killed in fresh violence in Ambon AMBON, Maluku (JP): A trail of fresh violence continued to rock Ambon, leaving at least one soldier killed and four people injured, including one serviceman, officials said on Tuesday.Pattimura Military Commander Brig. Gen.

Supeni seeks fair decision in weightlifting evaluation

Supeni seeks fair decision in weightlifting evaluation JAKARTA (JP): Indonesian weightlifter Supeni expects a fair judgment in the final evaluation of Olympic Games qualifiers on Aug. 9 in Pringsewu, Lampung, and Aug. 14 at the Ragunan sports school in South Jakarta.

IBRA oversight body to review MSAA agreement

IBRA oversight body to review MSAA agreement JAKARTA (JP): The newly-formed oversight committee for the Indonesian Bank Restructuring Agency (IBRA) said on Tuesday it would review the controversial Master of Settlement and Acquisition Agreement (MSAA) signed last year by IBRA and former bank owners.

Wal-Mart eyes Asia expansion

Wal-Mart eyes Asia expansion MANILA (AFX-ASIA): Wal-Mart Stores Inc is seeking to establish a retail firm in the Philippines and possibly make the country its depot for expansion in Asia, Trade and Industry Secretary Manuel Roxas II said.

Zarkasih quits post at Taekwondo body

Zarkasih quits post at Taekwondo body JAKARTA (JP): Ahmad Zarkasih Hamid has resigned from his post of secretary-general of the Indonesian Taekwondo Association (TI) as of Aug. 1, saying he wanted to focus on his business.

Welcoming new column

Welcoming new column I noted with interest the new weekly column "Opening up" which kicked off with an interview of Zannuba "Yenny" Arifah Chafsoh Rahman (The Jakarta Post, Aug. 6, 2000).Judging by questions put to Ms.

Gus Dur under fire at MPR

Gus Dur under fire at MPR JAKARTA (JP): President Abdurrahman Wahid came under fire on Tuesday from virtually every faction in the People's Consultative Assembly (MPR) for what they judged to be a lackluster first 10 months in office.

L&M expects boost from RI

L&M expects boost from RI SINGAPORE (Dow Jones): L&M Group Investments Ltd. expects the acquisition of Van Der Horst Ltd.'s assets in Indonesia to boost its revenue by S$10 million for the current financial year, Marcel Tjia, executive director of L&M said Tuesday.

Investigation into loan abuse to be accelerated

Investigation into loan abuse to be accelerated JAKARTA (JP): Attorney General Marzuki Darusman vowed on Tuesday to accelerate the investigation of some 48 commercial banks for the alleged misuse of government liquidity supports equivalent to billions of U.S. dollars.

Indonesia supports declaration of Palestinian state

Indonesia supports declaration of Palestinian state JAKARTA (JP): Foreign Minister Alwi Shihab said on Tuesday that Jakarta would support the Palestinian leadership in its plan to unilaterally declare independence next month, but stressed that peace talks with Israel must continue.

KL delegation to E. Timor

KL delegation to E. Timor KUALA LUMPUR (AFP): Malaysian Foreign Minister Syed Hamid Albar said Tuesday he would lead a delegation to East Timor to seek investment opportunities and help the violence-torn territory to develop.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Aug. 8, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,060.00 9,060.00 8,571.00 8,603.00Australian dollar 1 4,732.83 5,324.56 5,001.18 5,055.98Austrian schilling 1 531.85 598.17 562.01 568.

KPC renews force majeure status as strike continues

KPC renews force majeure status as strike continues JAKARTA (JP): Coal mining company PT Kaltim Prima Coal said on Tuesday it had renewed its force majeure status with its customers as striking workers had made it impossible to continue coal shipments from its mine in the Sanggata regency, East...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 8, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 655 0 0 Adindo Foresta Indonesia 305 0 310,000 Alakasa Industrindo 900 0 0 Alfa Retailindo 890 -5...

IBF questions PBSI over 'match fixing'

IBF questions PBSI over 'match fixing' JAKARTA (JP): The International Badminton Federation (IBF) has questioned the Badminton Association of Indonesia (PBSI) over alleged match fixing in the women's doubles between Indonesian players at the US$150,000 Sanyo Indonesia Open.

Barring direct investment in Internet unwise

Barring direct investment in Internet unwiseBy Zatni Arbi JAKARTA (JP): As the Internet penetrates everyone's life, one of the major phenomena that it brings is the dot-coms that offer almost any conceivable type of goods and services through the web of sites: books, CDs, toys, computers, clothes,...

Migrant settlers return to Java

Migrant settlers return to Java PADANG, West Sumatra: Hundreds of migrant settlers from several towns in Java left their lands at Pagai Utara Utara and Sipora area in Mentawai islands to return to their hometowns over a land dispute with the natives.

Defiant Anwar jailed nine years for sodomy

Defiant Anwar jailed nine years for sodomy KUALA LUMPUR (AFP): A Malaysian judge on Tuesday jailed ex- deputy premier Anwar Ibrahim for nine years for sodomy -- a sentence which could keep him behind bars till 2014.

Pertamina resumes Balikpapan refinery operation

Pertamina resumes Balikpapan refinery operation JAKARTA (JP): State oil and gas company Pertamina said on Tuesday operation of its refinery in Balikpapan, East Kalimantan, had resumed after a blast on Monday forced it to close one of its production facilities.

Transportation fares to rise next month

Transportation fares to rise next month JAKARTA (JP): Minister of Communications Agum Gumelar said here on Tuesday that new sea and land transportation fares would take affect beginning next month.The minister said that fare increases could not be avoided as the current charges were no longer...

South Jakarta court receives dossiers on Soeharto

South Jakarta court receives dossiers on Soeharto JAKARTA (JP): With the decision on a location for the trial remaining unsettled, government prosecutors submitted the dossiers on former president Soeharto's alleged corruption to the South Jakarta District Court on Tuesday.

Malaysia's palm oil ends off lows

Malaysia's palm oil ends off lows KUALA LUMPUR (Reuters): Malaysia's palm oil futures closed off the day's lows on Tuesday with players awaiting fresh developments on the possibility of duty-free exports.

TNI set to write itself into Constitution

TNI set to write itself into Constitution JAKARTA (JP): The People's Consultative Assembly (MPR) is almost certain to write the political role of the Indonesian Military (TNI) into the 1945 Constitution under a compromise among the country's major political parties.

Beware, crime at Cawang

Beware, crime at CawangFrom Jurnal IndonesiaThose passing through the Cawang traffic light, precisely on the crossroad between Jl. MT Haryono, Jl. D.I. Panjaitan, near the traffic light, must be careful as the area has of late been a very sensitive location for crimes.

Political lies lead to disaster

Political lies lead to disaster Political structures built on lies, seen solid from the outside, will not last and will succumb to the forces of truth in the end.A book to that effect, mostly referring to the New Order, was launched on Sunday (August 6) by the Sinar Harapan publishing company.

Bad quality of Tangerang water

Bad quality of Tangerang water We, Tangerang's residents, have long since subscribed to the Tangerang Drinking Water Company (PDAM Tangerang), but now the water quality gets worse every day which disappoints us.

Cabinet changes likely this month: Alwi

Cabinet changes likely this month: Alwi JAKARTA (JP): President Abdurrahman Wahid is likely to reshuffle his Cabinet toward the end of the month after the Annual Session of the People's Consultative Assembly (MPR) closes on Aug. 18, a top government minister said on Tuesday.