Archive: 6 February 2001
57 articles found
Tue, 06 Feb 2001, 00:00 WIB
10 participants for Winter Challenge
10 participants for Winter Challenge JAKARTA (JP): Ten people made their way through the local competition of the Winter Challenge Marlboro Adventure Team held at Mount Bromo, East Java, late last month, earning the right to take part in the real adventure in the United States. The Winter Challenge adventure will take place from March 20 to March 28 beginning in Telluride, Colorado, and finishing in Moab, Utah. "The (local) competition was held from Jan. 26 to Jan.
Tue, 06 Feb 2001, 00:00 WIB
Fumarole death blamed on poor signs
Fumarole death blamed on poor signs BANDUNG: The director of the Vulcanology office, A. Djumarma Wirakusumah, said that a villager named Sahmad, 40, who died recently from inhaling poisonous gas in the Dieng mountain range in Central Java was due to a "lack of danger zone signs put up by the local administration around the mountain." "We have detected three fumaroles featuring increased activity of poisonous gas in Dieng mountain plateau, Banjarnegara in Central Java," Djumarma said.
Tue, 06 Feb 2001, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 5, 2001: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,950 -50 625,500 Adindo Foresta Indonesia 135 -5 305,000 Alakasa Industrindo 315 15 51,000 Alfa Retailindo 1,000 25 1,196,000 Alter Abadi 115 -5 17,500 Alumindo Light Metal 700 -50 15,000 Andhi Chandra 1,400 25 29,000 Aneka Kimia Raya 190 -10 7,500 Aneka Tambang (Persero) 950 0 6,523,500 Anwar Sierad 300...
Tue, 06 Feb 2001, 00:00 WIB
20 bodies found from boat accident
20 bodies found from boat accident JAKARTA (JP): Rescue workers and locals have stepped up the search for the passengers of the PLM Oleo Putra II which sank off Jailolo in North Maluku, finding a total of 20 bodies on Monday, officials said. "Local fishermen and rescue workers are trying to locate more victims," North Maluku Police chief Adj. Sr. Comr. Zulkarnain told The Jakarta Post from Ternate in North Maluku.
Tue, 06 Feb 2001, 00:00 WIB
Estrada takes battle for presidency to Supreme Court
Estrada takes battle for presidency to Supreme Court MANILA (Reuters): Deposed Philippine leader Joseph Estrada asked the Supreme Court on Monday to stop an investigation into his alleged criminal offenses, declaring he was still president and therefore had "absolute immunity" from lawsuits.
Tue, 06 Feb 2001, 00:00 WIB
Vendors complain over hoodlums
Vendors complain over hoodlums JAKARTA (JP): Dozens of street vendors complained on Monday that the city administration had hired hoodlums armed with sickles to drive them away from an intersection in South Jakarta, where they had been operating their businesses. Accompanied by advisers from the Jakarta Legal Aid Foundation (LBH Jakarta), the vendors told the National Commission on Human Rights (Komnas HAM) that the hoodlums had threatened and physically abused them.
Tue, 06 Feb 2001, 00:00 WIB
Supreme Court rules in favor of Soeharto
Supreme Court rules in favor of Soeharto JAKARTA (JP): The Supreme Court has lifted ex-president Soeharto's city arrest status and ordered state prosecutors to provide medical treatment until the now ailing former despot is declared fit enough to stand trial on corruption charges. Justice M.
Tue, 06 Feb 2001, 00:00 WIB
Plots to hasten MPR session abound
Plots to hasten MPR session abound JAKARTA (JP): Political plots to expedite a special session of the People's Consultative Assembly, which could open the way for the impeachment of President Abdurrahman Wahid, abounded on Monday as politicians conferred and negotiated on possible courses of action.
Tue, 06 Feb 2001, 00:00 WIB
Development of Sabang as free port to be discussed
Development of Sabang as free port to be discussed JAKARTA (JP): A joint board comprising of Sumatra governors and the Indonesian Maritime Council will be set up to discuss the development of Sabang free port, on Weh Island in Aceh province and on the west coast of Sumatra island.
Tue, 06 Feb 2001, 00:00 WIB
Students, be united!
Students, be united! From Media Indonesia Recently the students' movement has become more intensified. Unfortunately their movement has been polarized since May 1998 so that the unification of students into a massive power capable of crushing the regime that has betrayed the people is impossible. What is more obvious is that efforts to seek students' support have accelerated.
Tue, 06 Feb 2001, 00:00 WIB
Fate of reform 'must override' Gus Dur's presidency
Fate of reform 'must override' Gus Dur's presidency What choice is left after the issuing of a memorandum by the House of Representatives (DPR), effectively a first warning to President Abdurrahman "Gus Dur" Wahid to give him chance to improve his performance in three month's time? Political observer J. Soedjati Djiwandono thinks the choice is crystal clear.
Tue, 06 Feb 2001, 00:00 WIB
APP's missed payment alarms Asian bond mart
APP's missed payment alarms Asian bond mart HONG KONG (Reuters): A missed interest payment by a unit of giant Indonesian corporate borrower Asia Pulp and Paper sent shudders through Asia's bond market on Monday as investors weighed the possibility of group-wide default.
Tue, 06 Feb 2001, 00:00 WIB
Something fishy going on in leather goods
Something fishy going on in leather goods YOGYAKARTA (JP): Leather products are usually made of cow or sheep skin due to their size and quality. Now, it turns out that humble fish skin can also be transformed into bags, belts, wallets, cell phone cases or key holders through the wonders of modern processing. The skin of the red kakap, a carp, can be turned into many different products after it is tanned. "Conventional leather, such as that made of cow or sheep skin, is common here.
Tue, 06 Feb 2001, 00:00 WIB
Paintings show the way things were for 'Cap Go Meh'
Paintings show the way things were for 'Cap Go Meh' The festival of Cap Go Meh on the 15th day of the Lunar New Year was one of the victims of the New Order's suppression of Chinese culture. Now that times have changed and Chinese arts in particular are enjoying a resurgence, art critic Agus Dermawan T. looks at how the festival was depicted in artworks of yesteryear.
Tue, 06 Feb 2001, 00:00 WIB
Rupiah Rates Feb.5
Rupiah Rates Feb.5 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.
Tue, 06 Feb 2001, 00:00 WIB
Mr. Barratt's Indonesia
Mr. Barratt's Indonesia It would be regrettable for Mr. Barratt to leave Indonesia, or Southeast Asia, with the perception that people in this part of the world are more obsessed with money than people in the West are. Has Mr. Barratt not heard of Bill Gates?
Tue, 06 Feb 2001, 00:00 WIB
Witnesses testify about massacre in Poso
Witnesses testify about massacre in Poso PALU, Central Sulawesi (JP): Witnesses to the bloodshed in Poso testified during a hearing at the district court here on Monday. Thayeb, a resident of Sangira village in Pamona Utara district, told the court he saw two piles of bodies in a ravine near Pandira village, each pile about five meters high, and heard defendant Dominggus da Silva order his men to pour gasoline on the corpses and burn them.
Tue, 06 Feb 2001, 00:00 WIB
Astra Otoparts falling short
Astra Otoparts falling short JAKARTA (JP): Publicly-listed car component maker PT Astra Otoparts earned a net profit of Rp 127.02 billion (US$13.37 million) between January and November, Antara said on Monday. The news agency, quoting the company's latest financial report submitted to the Jakarta Stock Exchange, said the company is not likely to achieve the Rp 160.28 billion net profit it made in the entire 12 months of 1999.
Tue, 06 Feb 2001, 00:00 WIB
Government changes aid scheme to BII after complaints
Government changes aid scheme to BII after complaints JAKARTA (JP): The government has decided to guarantee the Rp 12 trillion (US$1.2 billion) debt of the Sinar Mas Group to publicly listed Bank Internasional Indonesia (BII), putting an end to a much-criticized earlier plan to swap the debt with government bonds. Chairman of the Indonesian Bank Restructuring Agency (IBRA) Edwin Gerungan said late on Monday that the measure would free BII from the risk of its huge exposure to Sinar Mas.
Tue, 06 Feb 2001, 00:00 WIB
Where to go in Bandung:
Where to go in Bandung: Exhibitions * Painting, Ikatan Wanita Pelukis Indonesia, Galeri Hidayat, Jl. Sulanjana 36 (Phone: 022 4208257), 9 a.m. to 4:30 p.m., until Feb. 14. * Batik Kolase, by Joachim Blank, Galeri Bandung, Jl. Siliwangi 16 (Phone: 022 2036515), 9 a.m. to 5 p.m., Feb. 10 to 24. Performances * Sundanese Traditional Drama, Dalem Cuke, Teater Sunday Kiwari group, Gedung Kesenian Rumentang Siang, Jl. Baranang Siang 1, Kosambi (Phone: 022 4233562), 8 p.m., Feb. 7-8.
Tue, 06 Feb 2001, 00:00 WIB
New police team to hunt fugitive Tommy
New police team to hunt fugitive Tommy JAKARTA (JP): Police have gone back to square one in their efforts to capture Hutomo "Tommy" Mandala Putra, forming a new squad of specialists to replace the old team of top officers searching for the fugitive. National Police spokesman Brig. Gen. Saleh Saaf said on Monday the new team would comprise middle-ranking officers, the highest ranking officer is an adjutant commissioner, who have special skills in locating fugitives.
Tue, 06 Feb 2001, 00:00 WIB
Ardika downplays impact of travel warnings on tourism
Ardika downplays impact of travel warnings on tourism JAKARTA (JP): Minister of Culture and Tourism I Gede Ardika downplayed on Monday the impact of travel warnings issued against Indonesia. The minister said the tourist industry should not be overly concerned with the issuance of travel advisories by the governments of Taiwan and Britain as they were merely reviews of previous warnings.
Tue, 06 Feb 2001, 00:00 WIB
BPPT to turn worm into protein
BPPT to turn worm into protein JAKARTA (JP): The Biotech Center, a unit of the state Agency for the Research and Application of Technology (BPPT), has agreed to develop technology to turn earthworms into amino acid or protein used in food, drink, and cosmetics. Agri-industry producer PT Qurnia Subur Alam Raya signed a memorandum of understanding on Monday commissioning the center to produce protein out of amino acids from earthworm species (Lumbricus rubellus).
Tue, 06 Feb 2001, 00:00 WIB
Marsilam temporarily fills Ryaas' post
Marsilam temporarily fills Ryaas' post JAKARTA (JP): President Abdurrahman Wahid named on Monday Cabinet Secretary Marsilam Simanjuntak the acting administrative reform minister replacing Ryaas Rasyid who unilaterally declared his resignation last week. Speaking to reporters at Merdeka Palace, Marsilam said the President's decision was only temporary and no one has so far been appointed to take over from Ryaas.
Tue, 06 Feb 2001, 00:00 WIB
Proton rules out new equity partner
Proton rules out new equity partner KUALA LUMPUR (Reuters): Malaysia's biggest car maker Proton on Monday ruled out the possibility of selling a stake to another foreign car manufacturer, but said it was open to non-equity partnership. "Clearly, if it is a function of equity, I think at this moment it is no longer on the cards," Proton chief executive officer Tengku Mahaleel Tengku Ariff told a news conference. "But other than that, we are very open." Japan's Mitsubishi Corp.
Tue, 06 Feb 2001, 00:00 WIB
Japan moves to quell row over W. Cup name
Japan moves to quell row over W. Cup name TOKYO (Agencies): Japan moved to end a dispute with South Korea on Monday over whose name should go first on printed matter for the 2002 World Cup finals, saying it will print Korea before Japan in all official documents in English.
Tue, 06 Feb 2001, 00:00 WIB
Gus Dur should step down
Gus Dur should step down I have read Prof. Daniel S. Lev's article, Abdurrahman Wahid, don't step down, published in Kompas on Feb. 3, 2001 but cannot agree with his argument. In my opinion President Abdurrahman "Gus Dur" Wahid must immediately step down to avoid the present circumstances from worsening because he has failed to lead this country and has, consequently, lost most of his legitimacy as President.
Tue, 06 Feb 2001, 00:00 WIB
Singaporeans held over bogus dollars
Singaporeans held over bogus dollars BATAM, Riau: Barelang Police have arrested two Singaporeans for allegedly possessing six counterfeit US$100 bills at Nagoya Plaza Hotel, Batam. Deputy chief of Barelang Police Comr. Dharmawan confirmed the arrest of Hok Lie and Peter, both under 30 years old. Reports said that a member of the hotel staff checked the dollar notes from the two Singaporeans at the nearest money changer, PT Lestari Wira Patria, which concluded that the notes were all fake.
Tue, 06 Feb 2001, 00:00 WIB
Government rejects Riau's bid to control CPP block
Government rejects Riau's bid to control CPP block JAKARTA (JP): The government has rejected Riau province's bid to own a majority stake in a joint venture which will manage and operate the Coastal Plain Pekanbaru (CPP) oil block after the current contract ends in August, a senior minister said on Monday.
Tue, 06 Feb 2001, 00:00 WIB
Nigeria orders CN-235
Nigeria orders CN-235 JAKARTA (JP): Minister of Industry and Trade Luhut Binsar Panjaitan said on Monday that Nigeria has ordered 20 CN-235 aircraft from state-owned plane manufacturer PT Dirgantara Indonesia. The aircraft will be bartered for crude oil, he said without disclosing how much oil Nigeria will give Indonesia under the barter scheme. "They (Nigeria) don't have the money to pay in cash," Luhut was quoted by news portal Detikcom.
Tue, 06 Feb 2001, 00:00 WIB
Malaysia enforces rule to bar online reporter
Malaysia enforces rule to bar online reporter KUALA LUMPUR (Agencies): Malaysian officials barred a reporter for an outspoken Internet service from a news conference on Monday, enforcing a rarely applied rule that only accredited journalists can cover official events, the service's editor said. A reporter from malaysiakini.com was told to leave a news conference given by Home Minister and Deputy Prime Minister Abdullah Badawi, according to malaysiakini editor Steven Gan.
Tue, 06 Feb 2001, 00:00 WIB
Bolkiah a candidate for IBF presidency
Bolkiah a candidate for IBF presidency JAKARTA (JP): Sultan Hassanal Bolkiah of Brunei is one of three candidates vying to become president of the International Badminton Federation (IBF). The other two candidates are current IBF vice president Justian Suhandinata of Indonesia and Asian Badminton Confederation chairman Korn Dabbaransi of Thailand. No European badminton officials were named as candidates, with the nominations closing on Feb. 2, according to an IBF press release.
Tue, 06 Feb 2001, 00:00 WIB
Dossier on SIRA chief handed over to the court in Medan
Dossier on SIRA chief handed over to the court in Medan BANDA ACEH, Aceh (JP): The dossier on the detained chief of the Aceh Referendum Information Center (SIRA), Muhammad Nazar, has been handed over to the court in Medan to be processed for trial, an official said on Monday. "The dossier was received on Friday," an official at the court was quoted by Antara as saying. The date of Nazar's trial, however, has not been set.
Tue, 06 Feb 2001, 00:00 WIB
MRT project a priority, says Governor Sutiyoso
MRT project a priority, says Governor Sutiyoso JAKARTA (JP): Governor Sutiyoso insisted on Monday the Mass Rapid Transportation (MRT) project tops the administration's list of priorities as it works to reduce traffic congestion in the capital.
Tue, 06 Feb 2001, 00:00 WIB
PBSI bows to Taufik's demands, hires Mulyo for All England
PBSI bows to Taufik's demands, hires Mulyo for All England JAKARTA (JP): After taking into consideration demands by world number four Taufik Hidayat, the Badminton Association of Indonesia (PBSI) has decided to hire coach Mulyo Handoyo to prepare the 19-year-old shuttler for the most prestigious event, the All England, next month. "There is no problem at all in having Mulyo on a short-term contract for All England only.
Tue, 06 Feb 2001, 00:00 WIB
Three injured in gunfight in Irian Jaya
Three injured in gunfight in Irian Jaya JAYAPURA, Irian Jaya (JP): Three Indonesian troops were injured in a gunfight on Monday with unknown gunmen close to Betav village. Monday's incident followed the slaying of four Army Special Forces (Kopassus) soldiers by separatist rebels in Jayapura regency on Saturday. Trikora Military Command chief Maj. Gen.
Tue, 06 Feb 2001, 00:00 WIB
Rates for tax payment, valid from Feb. 5 to Feb. 11
Rates for tax payment, valid from Feb. 5 to Feb. 11 U.S. dollar 1 Rp 9,390.00 Austrian schilling 1 Rp 625.21 Australian dollar 1 Rp 5,097.83 Belgian franc 1 Rp 213.26 Canadian dollar 1 Rp 6,252.50 Swiss franc 1 Rp 5,660.72 Deutschemark 1 Rp 4,400.60 Danish krone 1 Rp 1,166.42 French franc 1 Rp 1,311.54 Poundsterling 1 Rp 13,690.62 Hong Kong dollar 1 Rp 1,203.91 Italian lira 100 Rp 444.31 Japanese yen 100 Rp 8,044.89 Malaysian ringgit 1 Rp 2,471.38 Dutch guilder 1 Rp 3,903.94 New Zealand dollar...
Tue, 06 Feb 2001, 00:00 WIB
Nine legislators accused of defamation
Nine legislators accused of defamation JAKARTA (JP): Five lawyers calling themselves the Advocacy Team for Upholding the Supremacy of Law, reported nine members of the House of Representatives to the police on Monday for defaming and slandering President Abdurrahman Wahid. The nine legislators are House Speaker Akbar Tandjung, House Deputy Speakers Soetardjo Soerjoguritno, A.M. Fatwa and Tosari Wijaya; and legislators Bachtiar Chamsyah, Ahmad Hafiz Zawawi, Chodijah H.M.
Tue, 06 Feb 2001, 00:00 WIB
Three Africans face deportation
Three Africans face deportation JAKARTA (JP): Three Africans will be deported later this week for violating immigration regulations, an official said on Monday. The three Africans, William Prowd, 23, and Fombah Kromah, 27, from Liberia and Bah Ismaila, 23 from Guinea are now being held at the Immigration quarantine center in Kalideres, West Jakarta, Immigration spokesman M.A. Ghani told journalists.
Tue, 06 Feb 2001, 00:00 WIB
Gus Dur's objectivity
Gus Dur's objectivity From Rakyat Merdeka The raging rallies for and against President Abdurrahman "Gus Dur" Wahid launched by different groups with different themes and manners have proven that Gus Dur's current position is like "a statue in a glass box". People's opinion of him will depend on the side from which the view is taken. Only God the Creator can view Gus Dur in his entirety objectively. This does no mean, however, that the Indonesian people cannot assess him objectively.
Tue, 06 Feb 2001, 00:00 WIB
Health agency has yet to get budget to fight dengue fever
Health agency has yet to get budget to fight dengue fever JAKARTA (JP): The City Health Agency has yet to receive the Rp 3.5 billion from the 2001 city budget allocated to fight dengue hemorrhagic fever, an official says. Tini Suryanti, head of the dengue elimination division of the agency, said here on Monday that the administration should have released the money to fund programs to fight dengue.
Tue, 06 Feb 2001, 00:00 WIB
REI Banten has new executives
REI Banten has new executives SERANG, Banten (JP): The Real Estate Indonesia (REI) developers association has appointed executives for its branch in the newly established province of Banten. Ichsan Soelistio, a director of leading developer PT Lippo Karawaci, heads the lineup as the chairman, and is assisted by six deputies, including M. Okto Sihombing. Ade Muklas was named the branch's secretary-general, and will also be assisted by six deputies.
Tue, 06 Feb 2001, 00:00 WIB
Oil palm plantations: Doing more harm than good?
Oil palm plantations: Doing more harm than good? By Charlie Pye-Smith BOGOR, West Java (JP): During the last dry season, the signs of land use conflict were plain to see in southern Sumatra. Armed with a box of matches and plenty of nerve, local communities were reclaiming land taken from them during the Soeharto era. Juddering north along the potholed road near Menggala in Lampung, we came across a smoldering plantation.
Tue, 06 Feb 2001, 00:00 WIB
Demonstrations by Gus Dur supporters turn violent
Demonstrations by Gus Dur supporters turn violent SURABAYA (JP): Disgruntled supporters of the incumbent President Abdurrahman Wahid continued venting their anger in East Java on Monday by vandalizing the National Awakening Party (PAN) and Golkar Party offices in the town of Gresik, some 30 kilometers northwest of Surabaya. No fatalities were reported, but the police said that they had failed to curb the violent actions committed by at least 2,000 people.
Tue, 06 Feb 2001, 00:00 WIB
Flyovers, underpasses proposed to ease traffic congestion
Flyovers, underpasses proposed to ease traffic congestion JAKARTA (JP): In a bid to ease traffic congestion in the capital, the South Jakarta Mayoralty proposed on Monday the construction of three flyovers and another two underpasses in different areas of the city. Speaking during a visit by City Council members on Monday, mayor Abdul Mufti said the projects would cost the city administration around Rp 185 billion (about US$19.47 million) and could be completed within two years.
Tue, 06 Feb 2001, 00:00 WIB
TNI's political card
TNI's political card Hats off to the Indonesian Military (TNI) for playing its political card right at the House of Representatives last week. The TNI faction joined most other factions in the House in censuring President Abdurrahman Wahid for his alleged involvement in the Bulog and Brunei financial scandals.
Tue, 06 Feb 2001, 00:00 WIB
Elize's inconsistency confuses police
Elize's inconsistency confuses police JAKARTA (JP): Chief Insp. Gen. Mulyono Sulaiman of the city police said on Monday that the suspect Elize Maria Tuwahatu has repeatedly confused Jakarta Police detectives with her attempts to deny several things she had earlier told officers during questioning. Arrested for possessing three bombs at the Taman Mini Indonesia Indah recreation park in East Jakarta on Jan.
Tue, 06 Feb 2001, 00:00 WIB
Honda dealer denies wrongdoing
Honda dealer denies wrongdoing TANGERANG (JP): The sole dealer for Honda motorcycles here, PT Wahana Makmur Sejati (WMS), has defended its decision to terminate its contract with four motorcycle repair shops belonging to businessman Napendy. In a statement made available to The Jakarta Post over the weekend, WMS managing director R.
Tue, 06 Feb 2001, 00:00 WIB
Toyota denies insider trading charge
Toyota denies insider trading charge TOKYO (AFP): Japan's Toyota Motor Corp. on Monday categorically denied it was guilty of insider trading over its record-breaking purchase announced last month of US$2.2 billion worth of its own shares. The share buyback plan, the biggest in corporate Japanese history, had prompted a Tokyo Stock Exchange investigation after it coincided with a flood of buy orders for Toyota stock, the Mainichi Shimbun said at the weekend.
Tue, 06 Feb 2001, 00:00 WIB
Andrian to play 2nd singles in Davis Cup
Andrian to play 2nd singles in Davis Cup JAKARTA (JP): Andrian Raturandang will play as the second singles in place of Hendri Susilo Pramono in the Davis Cup Group I Asia Oceania zone tie against Uzbekistan from Feb. 9 to Feb. 11. The secretary-general of the Indonesian Tennis Association (Pelti), Soegeng Sarjadi, said during a media conference on Monday that besides Andrian, the association also has called on Yusmawan Fahmi, Sebastian Da Costa and Suhendar Dinata to serve as substitutes.
Tue, 06 Feb 2001, 00:00 WIB
House wants legal action taken against President
House wants legal action taken against President JAKARTA (JP): The House of Representatives officially handed over the special committee's report on the two financial scandals allegedly involving President Abdurrahman Wahid to the Attorney General and the National Police chief for legal processing. The almost 50-centimeters-thick stack of statements from all of the witnesses heard by the special committee was formally submitted to Attorney General Marzuki Darusman and Police chief Gen.
Tue, 06 Feb 2001, 00:00 WIB
Asian currencies mostly down late
Asian currencies mostly down late SINGAPORE (Dow Jones): Most Asian currencies wilted late Monday, as the dollar regained its footing against the Japanese yen and as most regional bourses slumped, dealers said. Resisting the pressure from their regional peers, the New Taiwan dollar ended at a fresh 11-week high, while the Philippine peso was steady.
Tue, 06 Feb 2001, 00:00 WIB
KL palm oil at four-week low
KL palm oil at four-week low KUALA LUMPUR (Reuters): Malaysian palm oil futures closed at their lowest level in four weeks on Monday as players liquidated positions amid market talk that production in January could be higher than earlier projections. The benchmark third-month April futures contract ended down 21 ringgit at 759 ringgit ($199.74) a tonne, the day's low. Volume was 1,677 lots against 1,247 on Friday.
Tue, 06 Feb 2001, 00:00 WIB
Government will not let provinces go on borrowing spree
Government will not let provinces go on borrowing spree JAKARTA (JP): The central government will temporarily prohibit the newly-empowered regional administrations from raising loans from both overseas and domestic sources following a request from the International Monetary Fund (IMF), Coordinating Minister for the Economy Rizal Ramli said on Monday.
Tue, 06 Feb 2001, 00:00 WIB
WB and ADB warn Asian poverty could spark instability
WB and ADB warn Asian poverty could spark instability MANILA (AFP): Asia's rising poverty could become a source of political instability in the region, the presidents of the Asian Development Bank and the World Bank warned on Monday.
Tue, 06 Feb 2001, 00:00 WIB
Councilor wants fair decision on Ancol scam
Councilor wants fair decision on Ancol scam JAKARTA (JP): On the eve of Governor Sutiyoso's announcement concerning the alleged misused of funds involving PT Pembangunan Jaya Ancol (PJA), City Council deputy speaker Djafar Badjeber demanded a fair and honest decision on the matter. Djafar Badjeber suggested that the governor cross-check all reports presented by the City Inspectorate and the Officials Honor Council in order to avoid hidden interests of certain parties.
Tue, 06 Feb 2001, 00:00 WIB
Australian exporters warned of SE Asian instability
Australian exporters warned of SE Asian instability CANBERRA (AP): Political and economic instability in Southeast Asia is making the region more precarious for Australian exporters, a government agency warned on Monday. The Export Finance and Insurance Corporation, which provides export insurance for Australian companies, said the weaker U.S. economy, signs of slowing global growth and the likelihood of falling commodity prices increased the risk of problems in Asia.