Indonesian Political, Business & Finance News

Archive: 8 September 2000

51 articles found

Drug dealer nabbed in raid

Drug dealer nabbed in raid DENPASAR, Bali: Police in Badung, some 15 kilometers south of here, arrested an alleged drug dealer, Fakhrudin, and his female partner, Mery Maryani, during a raid on his rented house on Wednesday afternoon in the renowned coastal tourist resort of Kuta.

PM Mahathir calls g-77 grouping bulky and unwieldy

PM Mahathir calls g-77 grouping bulky and unwieldy KUALA LUMPUR (Agencies): Malaysia's outspoken Prime Minister Mahathir Mohamad on Thursday criticized the Group of 77 developing countries, calling it bulky and unwieldy.

New snags hit Philippine hostage release

New snags hit Philippine hostage release ZAMBOANGA, Philippines (AP): Several new problems, including a shortage of ransom money, may prevent the release Friday of all six Europeans still being held hostage by extremist rebels in the southern Philippines, an official said on Thursday.

The President's vision

The President's visionFrom Suara KaryaDuring the last 10 months of President Abdurrahman Wahid's, or Gus Dur's, administration, in my observations, his vision of leadership of the National Unity Cabinet he leads has not been clear.

Britain to help develop Indonesia's oil sector

Britain to help develop Indonesia's oil sector JAKARTA (JP): The British government agreed on Thursday to help develop Indonesia's oil and gas sector by encouraging investment and the transfer of know-how from its own industry.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Sept. 7, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,895.00 8,895.00 8,353.00 8,437.00Australian dollar 1 4,440.94 5,012.33 4,698.56 4,754.25Austrian schilling 1 498.02 561.36 526.91 532.

DPR yet to accept decree on wealth audit commission

DPR yet to accept decree on wealth audit commission JAKARTA (JP): The establishment of the Audit Commission on Officials Wealth has met with an early hurdle as the House of Representatives threatens to drop its support for the commission candidates.

Independent team needed to probe kidnapping case

Independent team needed to probe kidnapping case JAKARTA (JP): Political observer Hermawan Sulistyo suggested on Thursday the government form an independent team to end the dispute between the police and four agrarian activists, who claim they were abducted by security personnel.

Abdurrahman denies plan to purchase plane

Abdurrahman denies plan to purchase plane NEW YORK (JP): President Abdurrahman Wahid denied here on Wednesday he was planning to purchase a presidential airplane from Boeing."I do not have any plans to purchase the plane.

ASEAN told to step up financial reforms

ASEAN told to step up financial reforms SINGAPORE (AFP): Asian governments were told Thursday to step up the pace of reform, to strengthen financial regulatory frameworks and align monetary policies with fiscal measures.

New points in revised LoI

New points in revised LoI Ten economic recovery acceleration programI: Creating stability in the financial sector1. Strengthen the financial sector in order to improve the economic fundamentals. Improvement of indicators in the real sector should be followed by improvement of indicators in the...

Pertamina faces globalization

Pertamina faces globalization It is a public secret that the issue of globalization is being touted by capitalists who want to expand their markets as they invest, unopposed, their money either for the short term or the long term in other countries.

MediaCorp plans Asia channel

MediaCorp plans Asia channel SINGAPORE (AFP): Singapore state-owned broadcaster MediaCorp News Ltd announced plans Thursday for a regional 24-hour news television channel.Channel NewsAsia will go Asiawide on September 18 with a mix of news covering politics, finance, business, technology, sports...

Search for goodness played out in 'Sunten Jaya'

Search for goodness played out in 'Sunten Jaya'By Wawan S. Husin BANDUNG (JP): The night was especially dark and the wind in this area of North Bandung so cool that the audience -- about 250 people -- should have their coats buttoned.

Charismatic leader needed

Charismatic leader needed In the name of democracy there is a sense of lawlessness beginning to prevail in this country. The so-called international community would do well to keep out of Indonesian politics; only Indonesians themselves can really understand the complexity of holding this diverse...

Vietnam slams embassy incident

Vietnam slams embassy incident HANOI (Reuters): Vietnam asked France on Thursday to punish a 70-year-old Vietnamese who fired a flare gun at its embassy in Paris last week and said it should tighten security to prevent a repeat of such "very serious terrorist sabotage".

Indosat launches ATM-Acasia

Indosat launches ATM-Acasia JAKARTA (JP): International telecommunications provider PT Indosat launched on Thursday the Asynchronous Transfer Mode (ATM) Acasia real-time data transfer system among six member countries of the Association of South East Asian Nations (ASEAN).

Police watch stops student brawls

Police watch stops student brawlsFrom Pos KotaFights involving students from senior high schools, those of the vocational high school on Jl. Tubagus Angke and in the neighborhood of Genit Bridge in West Jakarta take place almost every day, and have even led to the death of a student.

Taufik expected to face Gade in Olympics semis

Taufik expected to face Gade in Olympics semis JAKARTA (JP): Indonesian boy wonder Taufik Hidayat is expected to meet Peter Gade Christensen of Denmark in the Olympic Games semifinals but first he must beat Yamada Hidetaka of Japan in the first round, the International Badminton Federation (IBF)...

Cabinet's economic team strives to bolster exports

Cabinet's economic team strives to bolster exports JAKARTA (JP): The Cabinet's new economic team has embarked on what it calls a concerted drive to bolster exports, which the team envisions as the second engine driving the country's economic recovery, after private consumption.

Business tycoon Bob Hasan to face trial

Business tycoon Bob Hasan to face trial JAKARTA (JP): Timber tycoon Mohamad "Bob" Hasan will face trial for corruption this month as the case dossiers will be submitted to Central Jakarta District Court next week, a prosecutor said on Thursday.

Kodeco's plantation troubled by locals

Kodeco's plantation troubled by locals JAKARTA (JP): South Korean company PT Kodeco Group voiced concerns over troubles caused by villagers on its plantation in Barito Kuala Regency, South Kalimantan.Kim Jong Ho, head of the company's branch office in Banjarmasin, said the company was confused as...

World condemns West Timor killings

World condemns West Timor killings NEW YORK (JP): The United Nations Security Council has strongly condemned the killing of three UN workers in West Timor and urged Indonesia to disarm militias who have terrorized East Timorese refugees and aid workers there.

Rats overrun Kuching

Rats overrun Kuching KUALA LUMPUR (AP): The city of cats on Borneo island has a rat problem it can't seem to solve, a Malaysian official said on Thursday.The City Council of Kuching, capital of the eastern state of Sarawak, began offering residents cash rewards early last month for rodents caught...

Carrefour debate like TV drama

Carrefour debate like TV drama JAKARTA (JP): A City Economy Development Bureau officer stated on Thursday that Carrefour Hypermarket has violated no regulation because the business has a legitimate license to operate as a retailer.

Texmaco, Polysindo report big losses

Texmaco, Polysindo report big losses JAKARTA (JP): Publicly listed PT Texmaco Perkasa Engineering, PT Polysindo Eka Perkasa and PT Texmaco Jaya reported to their shareholders here on Thursday huge losses for last year due to sharp declines in sales and the depreciation of the rupiah.G.

Government told to work harder in Maluku

Government told to work harder in Maluku YOGYAKARTA (JP): The government must work harder for peace in Maluku as the significant factor behind the lingering sectarian clashes is rifts among troops maintaining security in the province, a scholar says.

Tae kwon doin Juana ready to fight despite injury

Tae kwon doin Juana ready to fight despite injury JAKARTA (JP): Indonesian taekwondoin Juana Wangsa Putri has her sights set on winning a medal at the Sydney Olympic Games despite a back injury that limits her movement."Of course I want to win a medal, but all of my competitors are good athletes.

New sports grouping born

New sports grouping born JAKARTA (JP): Officials of 16 sports organizations established a federation last month to seek ways to attract more attention from the government."The Indonesian Federation of Public Sports (FOMI) was declared open on Aug. 25 with an initial membership of 16 organizations.

Vigilantes protest arrest of killers

Vigilantes protest arrest of killers CILACAP, Central Java: Hundreds of Padangjaya village residents rallied on Wednesday at the local legislative council to demand the release eight of their neighbors, who had been detained last month on charges of killing an alleged thief by setting him on fire.

Acehnese pay homage to slain activist

Acehnese pay homage to slain activist LHOKSEUMAWE, Aceh (JP): Relatives and neighbors flocked on Thursday to the home of Jafar Siddiq Hamzah to pay their respects to the Aceh activist who was slain in Medan, North Sumatra.

Death of East Timor suspect to foil probe

Death of East Timor suspect to foil probe JAKARTA (JP): Activists condemned on Thursday the murder of ex-militia leader Olivio Moruk, one of 19 people named as suspects in last year's violence in East Timor, describing it as an attempt to foil the government's efforts to investigate rights abuses...

Sangkimah, Kaba Bay boast ecoappeal

Sangkimah, Kaba Bay boast ecoappealBy Mikael Onny Setiawan BALIKPAPAN, East Kalimantan (JP): If you love traveling and want sometime away from the rat race, you should definitely consider going to Sangkimah and Kaba Bay.

Haryogi gets off easy with 9-month jail term

Haryogi gets off easy with 9-month jail term JAKARTA (JP): Defendant Haryogi Maulani, 37, breathed a sigh of relief on Thursday after a judge sentenced him to a nine-month jail term for illegal arms possession.

Danar Hadi's 13th boutique

Danar Hadi's 13th boutique BANDUNG: Batik manufacturer PT Batik Danar Hadi opened its 13th boutique on Jl. Buah Batu here on Tuesday with a fashion show displaying the works of well-known designers Ghea Panggabean and Stefanus Hamy.

Newmont calls for govt help over land dispute

Newmont calls for govt help over land dispute JAKARTA (JP): Gold mining company PT Newmont Minahasa Raya in Minahasa Regency, North Sulawesi called on Thursday for the government to help resolve its land dispute with the former landowners.

A national disgrace

A national disgrace Nearly one year since its separation from Indonesia, East Timor is still haunting the republic the way it always did when it was under Jakarta's occupation between 1975 and 1999. The brutal killing of at least three United Nations humanitarian workers by pro-Indonesian East...

Slain UN worker describes mob attack in e-mail

Slain UN worker describes mob attack in e-mail UNITED NATIONS (Agencies): Six hours before he and two colleagues were murdered in West Timor, a Puerto Rican relief worker e-mailed a friend describing the mob that was en route to destroy the compound."We sit here like bait, unarmed," he wrote.

Four robbers shot dead in Bekasi

Four robbers shot dead in Bekasi JAKARTA (JP): Four suspected robbers were shot dead when trying to escape from police on Jl. Tegal Gede, Lemah Abang, Bekasi on Thursday.Police said they had been under observation for months since they were suspected of holding up trucks in Cibitung, Bekasi and...

Indonesia signs revised LoI with IMF

Indonesia signs revised LoI with IMF JAKARTA (JP): The Indonesian government on Thursday signed a revised letter of intent (LoI) with the International Monetary Fund, which would pave the way for the third disbursement of about US$400 million in loans around the third week of this month.

Organda regrets its haste in hiking taxi fare

Organda regrets its haste in hiking taxi fare JAKARTA (JP): The chairman of the Organization of Land Transportation Owners (Organda), Aip Sjarifuddin, apologized on Thursday for the organization's haste in increasing taxi fares 50 percent.

Plan to import buses from China still under question

Plan to import buses from China still under question JAKARTA (JP): None of the 14 privately-owned city bus companies here have submitted formal proposals for the planned purchase of buses shipped from China, an executive of the company appointed to import the buses said on Thursday.

Murder aimed at 'humiliating me'

Murder aimed at 'humiliating me' NEW YORK (JP): President Abdurrahman Wahid said here on Wednesday (local time) that the murder of three UN humanitarian workers in Atambua, East Nusa Tenggara, was a well organized scheme to humiliate him while attending an international summit.

Demand of human rights victims

Demand of human rights victimsFrom Warta KotaHuman rights violations, particularly in conflict-ridden regions like Maluku and Aceh, have claimed a lot of victims. The victims have pressed their demand with the authorities, who, unfortunately, more often than not, have turned a deaf ear.

Sulawesi governors to form joint secretariat

Sulawesi governors to form joint secretariat KENDARI, Southeast Sulawesi (JP): The governors of Sulawesi, attending a working meeting, agreed on Thursday to form a joint secretariat for regional development to speed up growth in the area.

Empowered House still lacks expertise in drafting laws

Empowered House still lacks expertise in drafting laws JAKARTA (JP): The House of Representatives may have won many extra powers for itself over the last two years thanks to the reform movement, but it is still grossly lacking in expertise when it comes to one important aspect: Making laws.

The role of the United Nations in the 21st Century

The role of the United Nations in the 21st Century The following is based on the address of former minister Ali Alatas at the talks held on the occasion of the convening of the Millennium Summit of the United Nations. The discussion was held in Jakarta on Sept.

Calm back in Sampang

Calm back in Sampang SURABAYA: Calm returned to Sampang on Madura island off East Java on Thursday after local leaders agreed to postpone the inauguration of reelected regent Fadhilah Budiono.Government offices reopened after being closed since Monday.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 7, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 600 0 0 Adindo Foresta Indonesia 255 -10 351,500 Alakasa Industrindo 790 0 0 Alfa Retailindo 870 -5...

New strains of diseases invades Southeast Asian

New strains of diseases invades Southeast Asian JAKARTA (JP): The emergence of at least 30 new strains of infectious diseases in Southeast Asia in the past decade is placing the region at increased risk for a major outbreak, Minister of Health and Social Welfare Ahmad Sujudi said on Thursday.

Thirsty libraries to get refreshment

Thirsty libraries to get refreshment JAKARTA (JP): PT Coca-Cola Indonesia launched a foundation on Thursday and committed itself to spend some Rp 5 billion (US$595,240) over three years to help improve 20 libraries across the country.