Indonesian Political, Business & Finance News

Archive: 6 September 2000

55 articles found

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Sept. 5, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,825.00 8,825.00 8,283.00 8,367.00Australian dollar 1 4,487.64 5,065.55 4,750.30 4,802.66Austrian schilling 1 510.21 575.66 540.07 545.

Drivers strikes hit W. Sumatra

Drivers strikes hit W. Sumatra PADANG, West Sumatra: Batusangkar in Tanah Datar regency was paralyzed on Tuesday when some 300 public transportation drivers staged a strike to air their grievances against ojek (motorcycle taxis) operating in the area.

Drought affects 92 villages

Drought affects 92 villages DEMAK, Central Java: Residents of 92 villages in the regency are running out of water supply due to the severe dry season, an official said on Tuesday.Head of the regency's social affairs bureau, Supriyono, said 35 villages in the districts of Sayung, Karangawen, Mijen,...

Sutiyoso told to improve performance

Sutiyoso told to improve performance JAKARTA (JP): The National Mandate Party (PAN) faction of the City Council warned Governor Sutiyoso on Tuesday to improve his performance within 100 days or face a vote of no-confidence.

Businessman loses US$65,000 cash

Businessman loses US$65,000 cash JAKARTA (JP): Businessman Hasu Shin Lea was stunned after learning that his cash of US$65,000 plus local banknotes worth Rp 20 million were missing from his office on the ground floor of the KH Group building on Jl. Wahid Hasyim, Tanah Abang, Central Jakarta.

Skilled workers to flood Indonesia

Skilled workers to flood Indonesia JAKARTA (JP): A manpower expert warned Indonesians on Tuesday to emotionally prepare for throngs of skilled foreign workers once the Asian Free Trade Agreement (AFTA) takes effect in 2003.

Indonesia considering the purchase of presidential airplane

Indonesia considering the purchase of presidential airplane NEW YORK (JP): The government is considering the purchase of a Boeing aircraft to be used as the presidential airplane, according to a palace official late on Monday.

Asian monies slip, peso tumbles

Asian monies slip, peso tumbles SINGAPORE (Dow Jones): Asian currencies slipped late Tuesday as most Southeast Asian units continued to languish below key support levels.The Philippine peso suffered the biggest blow as it extended its downward spiral to a fresh 33-month low, while the Thai baht's...

Indonesia's credibility at stake on East Timor case

Indonesia's credibility at stake on East Timor case Failure to revise the draft laws on a human rights court and a truth and reconciliation commission could lead to a greater chance of rights violators being tried by an international tribunal, says Kusnanto Anggoro, a senior researcher at the...

Government appointed antimonopoly body gets down to business

Government appointed antimonopoly body gets down to business JAKARTA (JP): A government appointed antimonopoly commission announced on Tuesday the launch of three investigations, as a wide-ranging law on unfair business practices came into effect.

Wynne aims to become best among Asians

Wynne aims to become best among Asians JAKARTA (JP): Young Indonesian tennis player Wynne Prakusya is aimming to become the best among Asian rivals in the upcoming Olympic Games in Sydney.Speaking during dinner at the residence of the Australian Ambassador to Indonesia, Wynne said that she would...

Aussie-Asia cooperation down

Aussie-Asia cooperation down SYDNEY (AFP): Australia's financial cooperation with East Asia has plummeted to a low point, the country's second-highest ranking central bank official warned in remarks reported on Tuesday.

Government forecasts Rp 53t deficit in 2001 budget

Government forecasts Rp 53t deficit in 2001 budget JAKARTA (JP): The government forecast the deficit in the upcoming 2001 state budget, beginning in January, to increase to Rp 53 trillion (US$6.39 billion) compared to the estimated Rp 44 trillion for the current 2000 state budget.

S'pore-Malaysia ties seen as anchor to ASEAN stability

S'pore-Malaysia ties seen as anchor to ASEAN stability SINGAPORE (AFP): Strong Singapore-Malaysia ties are the anchor for stability in Southeast Asia with three of their biggest neighbors -- Indonesia, the Philippines and Thailand -- buffeted by political troubles, senior officials said Tuesday.

TV today

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

Strong Sing$ attractive: Report

Strong Sing$ attractive: Report KUALA LUMPUR (AFP): A strong Singapore currency and high salaries are attracting some 200,000 Malaysians to cross the border daily to work in the city-state, a report said Tuesday.

It's difficult to implicate Wiranto, observers say

It's difficult to implicate Wiranto, observers say YOGYAKARTA (JP): Observers have noted that it would be tricky to name Gen. (ret) Wiranto a suspect in the East Timor case, saying that apart from the difficulty of gathering concrete evidence against him, the desire to incriminate him was more...

All cars entering Bandung to have emissions test

All cars entering Bandung to have emissions test BANDUNG (JP): In a bid to curb air pollution, the Bandung administration plans to have all cars entering the city undergo an emissions test starting Oct. 1.The head of the Bandung Environmental Impact Management Agency, Sumarti B.

BI warns that inflation may exceed target

BI warns that inflation may exceed target JAKARTA (JP): Bank Indonesia warned on Tuesday the inflation target for this year might be exceeded, with the recent weakening of the rupiah against the U.S. dollar and the planned increase in fuel prices seen as the main culprits.

Authorities agree to suspend plan to raise taxi fares

Authorities agree to suspend plan to raise taxi fares JAKARTA (JP): The Organization of Land Transportation Owners (Organda) and the City Land Transportation Agency (DLLAJ) agreed on Tuesday to suspend taxi fare rises in the capital until further notice.

Eight-year jail terms sought for counterfeiting suspects

Eight-year jail terms sought for counterfeiting suspects JAKARTA (JP): A prosecutor demanded on Tuesday that the Central Jakarta District Court sentence defendants Ismail Putra, 59, and Eddy Kereh, 53, to eight years for their alleged role in the production of Rp 19.2 billion (US$2.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 5, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 600 0 0 Adindo Foresta Indonesia 255 -5 75,500 Alakasa Industrindo 600 0 3,500 Alfa Retailindo 885 0...

Unrest in Irian, one injured

Unrest in Irian, one injured MANOKWARI, Irian Jaya: Unrest broke out here on Tuesday when thousands of residents fought police troops following a dispute over the lowering of the Morning Star separatist flags.

Gus Dur, Howard discuss bilateral ties

Gus Dur, Howard discuss bilateral tiesBy Kornelius Purba NEW YORK (JP): President Abdurrahman "Gus Dur" Wahid and Australian Prime Minister John Howard held bilateral talks here on Tuesday to further patch-up jarred relations between the two countries.

Officer shoots dead wife's robber

Officer shoots dead wife's robber JAKARTA (JP): A thief was shot and killed by a police officer after snatching a shopping bag belonging to the policeman's wife at the Naga shopping center in Pondok Gede, Bekasi, on Monday, according to a police report.First Sergeant S.A.

KL hopes to clear 1m tons of palm oil for export

KL hopes to clear 1m tons of palm oil for export KUALA LUMPUR (Reuters): Malaysia, the world's biggest palm oil producer, announced two export plans on Tuesday which officials hope will together cut its burgeoning stocks of crude palm oil (CPO) by an estimated million tons over a year.

Fate of civil servants

Fate of civil servantsFrom Suara KaryaIt is decreed in the 1999-2004 State Policy Guidelines (GBHN) that the professionalism and welfare of civil servants must be given attention. Civil servants are part of state's apparatus; they serve the state and the community.

Ringgit peg 'good for business'

Ringgit peg 'good for business' KUALA LUMPUR (AFP): A British minister Tuesday praised Malaysia's once-controversial currency peg, saying it had helped stabilize the economy and attract foreign investment.

IBRA to swap more than Rp 20t loans for bonds

IBRA to swap more than Rp 20t loans for bonds JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) expects to swap next year between Rp 20-30 trillion (US$2.41 billion) in performing bank loans for government bank- recapitalization bonds to reduce interest costs.

Where to go in Surabaya:

Where to go in Surabaya:Music and Entertainment * The Westin Surabaya, Jl. Embong Malang 85-89 (Phone: 031 5458888): - Java Jimmy's Irish Pub: Live music, Sunday to Thursday, 6 p.m. to 2 a.m., Friday to Saturday, 6 p.m. to 3 a.m.* Hyatt Regency Surabaya, Jl. Jend.

Coach declines to set target in weightlifting

Coach declines to set target in weightlifting JAKARTA (JP): Indonesian weightlifting coach Imron Rosadi declined to set a target for his two women lifters owing to their less than prime physical condition after suffering injury and illness.

Pertamina, S'pore firm agree on details of gas sales contract

Pertamina, S'pore firm agree on details of gas sales contract JAKARTA (JP): State-owned oil and gas company Pertamina said on Tuesday it had agreed with Singaporean firm Gas Supply Private Limited on the details of the contracts for the supply of gas from Sumatra to Singapore.

U.S. citizen to die for wife murder

U.S. citizen to die for wife murder HANOI (AFP): A Vietnamese-American has been sentenced to death in Ho Chi Minh City for killing his wife, a court said Tuesday.Nguyen Dinh Xung, 52, an American national, was arrested by police in June 1999 for killing his wife, Le Thi Minh Xuan, "in a barbaric...

Laos occupies islands near Thai side of Mekong

Laos occupies islands near Thai side of Mekong BANGKOK (DPA): In another sign of rising bilateral tensions between Thailand and Laos, Laotian militia have occupied three islands near the Thai side of the Mekong River, provincial officials said on Tuesday.

Court asked to summon drug defendant's doctor to testify

Court asked to summon drug defendant's doctor to testify JAKARTA (JP): A defense lawyer asked the West Jakarta District Court on Tuesday to summon a medical doctor to testify in the trial of drug defendant Gusti Maya Firanti Noor, 29, the wife of former president Soeharto's grandson Ari Sigit."Dr.

Automakers introduce new models in Indonesia

Automakers introduce new models in Indonesia JAKARTA (JP): The manufacturers of the Jaguar, Honda and Isuzu automobiles separately launched new models here on Tuesday in a bid to take advantage of rising demand in the local automotive market.

Two robbers shot in Bogor

Two robbers shot in Bogor BOGOR (JP): Bogor Police shot two men for resisting arrest in a predawn raid on Monday at Kampung Damping in Pamalayan district of Serang regency, West Java, an officer said.Bogor Police chief Supt.

Hit and run motorist mobbed

Hit and run motorist mobbed JAKARTA (JP): A 35-year-old resident of Grogol, West Jakarta, was mobbed to death on Monday morning by Curug residents in Tangerang after the victim hit a pedestrian at the Binong Permai housing complex, according to a police report.

Syarwan questioned for seven hours over July 27 incident

Syarwan questioned for seven hours over July 27 incident JAKARTA (JP): Former Armed Forces (ABRI) chief of sociopolitical affairs Lt. Gen. (ret) Syarwan Hamid denied on Tuesday any foreknowledge of the July 27, 1996 violent takeover of the Indonesian Democratic Party (PDI) headquarters in Central...

Labor compensation remains effective

Labor compensation remains effectiveBy Ridwan Sijabat JAKARTA (JP): Despite protests from numerous employers, the ministerial decree regulating higher compensation for dismissed or resigning employees remains effective, say government officials.

Kwik returns to the House

Kwik returns to the House JAKARTA (JP): The return of former senior economics minister Kwik Kian Gie to the House of Representatives was confirmed when the legislature announced the new lineup of each of its nine commissions on Tuesday.

Balance in all aspects of life vital for good night's sleep

Balance in all aspects of life vital for good night's sleepBy Clare E. Urwin SURABAYA (JP): Are you tired? Have you ever spent several hours at night, tossing and turning in your bed, trying not to think, willing yourself to relax; almost desperate for the soothing total oblivion of sleep?Deep...

City to import 1,000 used taxis from Japan

City to import 1,000 used taxis from Japan JAKARTA (JP): The City Land Transportation Agency (DLLAJ) on Tuesday disclosed its plan to import 1,000 used taxis from Japan sometime next year to replace the older taxi units in the capital.

Australia suggests Indonesia stress sports

Australia suggests Indonesia stress sports JAKARTA (JP): Australian Ambassador for Indonesia John McCarthy suggested the Indonesian government decide on procedures for empowering its human resources focused on sports development to be able to reach higher levels of international achievement.

KONI still unsure about its future

KONI still unsure about its future JAKARTA (JP): The National Sports Council (KONI) vice chairman Arie Sudewo said on Tuesday that the council might be under the supervision of a special directorate general of the Ministry of National Education.

Bahamian investors sue Indonesian firms for bankruptcy

Bahamian investors sue Indonesian firms for bankruptcy JAKARTA (JP): Five investors from the Bahama Islands have filed bankruptcy petitions against five Indonesian firms for unpaid debts totaling some US$100 million.

Police to force activists to appear for questioning

Police to force activists to appear for questioning JAKARTA (JP): Jakarta Police plan to force four agrarian activists who claim to have been abducted by unidentified party last month for questioning, an officer said on Tuesday.Spokesman Supt. M. Nur H.

Parking attendants stage protest

Parking attendants stage protest CILACAP, Central Java: Hundreds of parking attendants rallied at the legislature building on Monday to protest the local government's plan to increase its take of parking fees by 70 percent.

Solving air pollution

Solving air pollutionFrom Media IndonesiaThe recently published joint public service announcement by the Body Shop, the Jakarta Park Service and Leo Burnett Kreasindo Indonesia, is an appeal capable of arousing all people to care for their environment, to create a healthy, clean and beautiful...

Indonesia Inc.

Indonesia Inc. The quick decision by the government to appoint a new supervisory chief for the 155 state companies should be welcomed as a move which will, at the least, immediately put an end to the atmosphere of uncertainty which has prevailed ever since the disbandment of the ministry of state...

Indonesian banks still in a bind: Moody's Inc

Indonesian banks still in a bind: Moody's Inc JAKARTA (Dow Jones): Indonesia's banking system remains insolvent, despite some recent progress in restructuring bad debt, Moody's Investor Service Inc. said on Tuesday.

Poor will get fuel subsidy funds

Poor will get fuel subsidy funds JAKARTA (JP): The government said on Tuesday it would allocate Rp 800 billion (US$96 million) of the additional revenues to be generated by the upcoming October hike in fuel prices in the form of cash aid for the poor, seed capital for small businesses and...

RP rebels refuse to swap U.S. hostage for their leader

RP rebels refuse to swap U.S. hostage for their leader ZAMBOANGA, Philippines (Agencies): Rebels refused Tuesday to swap an American hostage being held in a southern Philippine jungle for a suspected senior guerrilla arrested on kidnapping charges.

Raising citizen awareness on subsidy cuts

Raising citizen awareness on subsidy cutsBy Christopher Lingle HONG KONG (JP): Reductions of subsidies for any goods or services are always a delicate political issue. Such was the case of the government decision to delay raising prices by 12 percent planned for 1 April after massive demonstrations...

PDI Perjuangan stops challenge to Gus Dur

PDI Perjuangan stops challenge to Gus Dur JAKARTA (JP): The House of Representatives' bid to issue an opinion of discontent with President Abdurrahman Wahid suffered a major blow on Tuesday when the Indonesian Democratic Party of Struggle (PDI Perjuangan) faction dropped its support.