Archive: 7 February 2001
54 articles found
Wed, 07 Feb 2001, 00:00 WIB
TV today
TV today TVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Music 8:30 Documentary 9:00 Children's Program 10:00 Music 11:00 Talk Show 12:30 p.m. Interval 3:00 News 3:30 Technology 4:00 Children's Songs 4:30 Student's Quiz 5:00 News 5:30 Music 6:00 Village News 7:00 Evening News 7:30 Film 9:30 Music 10:00 News 11:00 Performance Program 2 5:30 p.m. Music 6:30 City News 7:00 Music 7:30 News (in English) 8:30 Documentary TPI 5:30 a.m.
Wed, 07 Feb 2001, 00:00 WIB
Hendri sees better challenge ahead
Hendri sees better challenge ahead JAKARTA (JP): Men's singles player Hendri Susilo Pramono said on Tuesday he did not regret his decision to quit the country's Davis Cup team following a dispute with an Indonesian Tennis Association (Pelti) official last week. He said it has boosted his motivation to show national tennis fans and Pelti officials alike that he is still one of the country's best players. "This is a challenge for me.
Wed, 07 Feb 2001, 00:00 WIB
VW to invest 1.84b euros in Asia Pacific
VW to invest 1.84b euros in Asia Pacific SINGAPORE (AFP): German auto-maker Volkswagen AG said Tuesday it will invest 1.84 billion euros (US$1.72 billion) in China and the Asia-Pacific region in the next five years. Robert Buchelhofer, the Volkswagen board member responsible for the region, said 1.6 billion euros will be spent in China to position the company ahead of the country's entry into the World Trade Organization (WTO).
Wed, 07 Feb 2001, 00:00 WIB
18-month jail term sought for Sapuan
18-month jail term sought for Sapuan JAKARTA (JP): State prosecutors asked the South Jakarta District Court on Tuesday to sentence Sapuan, the former deputy head of the State Logistics Agency (Bulog), to 18 months in jail for his role in an alleged Rp 35 billion (US$3.7 million) embezzlement scam.
Wed, 07 Feb 2001, 00:00 WIB
RP leftist leader caught in Manila
RP leftist leader caught in Manila MANILA (AFP): Philippine leftist leader Filemon Lagman, a former communist guerrilla leader, was in critical condition after being ambushed on Tuesday by unidentified gunmen at a university compound in northern Manila, aides said. Lagman, popularly known as "Ka (Comrade) Popoy", became a union leader and head of the leftist group Sanlakas after a breakaway communist guerrilla faction which he headed signed a peace agreement with the government.
Wed, 07 Feb 2001, 00:00 WIB
Local issues dominate Asian market
Local issues dominate Asian market HONG KONG (Reuters): Asian asset markets turned introspective on Tuesday, with investors taking leads from domestic factors after a mixed overnight session on Wall Street failed to give clear direction. Benchmark equity indices in South Korea, Hong Kong and the Philippines moved higher, but sank to four-week lows in Japan.
Wed, 07 Feb 2001, 00:00 WIB
Asia Pulp and Paper's investors may not cut to default option
Asia Pulp and Paper's investors may not cut to default option HONG KONG (Reuters): As forest products group Asia Pulp and Paper (APP) lumbers toward a potentially huge debt crisis, analysts say one missed interest payment may not necessarily fell Indonesia's giant corporate debtor.
Wed, 07 Feb 2001, 00:00 WIB
Political parties still ponder fast-track MPR session plan
Political parties still ponder fast-track MPR session plan JAKARTA (JP): Political wrangling continued as major factions in the House of Representatives remained aloof on whether they would seek a fast-track route for the holding of a special session of the People's Consultative Assembly which could possibly begin impeachment proceedings against the President.
Wed, 07 Feb 2001, 00:00 WIB
Commission approves new tap water rates
Commission approves new tap water rates JAKARTA (JP): The City Council's Commission C for economic affairs approved on Tuesday new tap water rates which compensate for a zero increase in the case of social institutions with higher prices for basic and mid-range dwellings.
Wed, 07 Feb 2001, 00:00 WIB
Gus Dur asked to defend truth
Gus Dur asked to defend truth Those wishing President Abdurrahman "Gus Dur" Wahid to step down: * Amien Rais, an Association of Indonesian Muslim Intellectuals (ICMI) member: Gus Dur had better step down. It's good for him and all of us. * Nurcholish Madjid, an ICMI member: Gus Dur had rather withdraw, better than made to withdraw by the House of Representatives. If he withdraws, he still has integrity. But the House should use the phases of the memorandum.
Wed, 07 Feb 2001, 00:00 WIB
Protesters block Ketapang Port
Protesters block Ketapang Port SURABAYA (JP): Supporters of President Abdurrahman "Gus Dur" Wahid, angered by what they see as moves by the House of Representatives to unseat the President, blocked Ketapang Port in Banyuwangi on Tuesday. The action brought to a halt all port activities for half of the day. The "mass prayer" began at about 9 a.m. when approximately 5,000 people gathered at the port's terminals. By 10 a.m.
Wed, 07 Feb 2001, 00:00 WIB
Australia to strive for better relations with Indonesia
Australia to strive for better relations with Indonesia JAKARTA (JP): Australia will give priority to practical measures in business, economics and education as part of an effort to improve strained ties with Indonesia, Australian Ambassador Richard Campbell Smith said on Tuesday. Speaking to journalists after a luncheon with the Indonesia- Australia Business Council (IABC), Smith said it was more important for Canberra to focus on practical work that touched the lives of the people.
Wed, 07 Feb 2001, 00:00 WIB
Malaysia palm oil ends down
Malaysia palm oil ends down KUALA LUMPUR (Reuters): Malaysian palm oil futures closed lower on Tuesday, extending their losses as players liquidated positions ahead of a crop report for January. Private crop forecaster Ivan Wong is due to release on Wednesday his latest estimates for January production, export and closing stock figures, which could provide fresh clues on the domestic supply situation.
Wed, 07 Feb 2001, 00:00 WIB
U.S. Dollar Rates Feb.6
U.S. Dollar Rates Feb.6 Latest Previous %Change Yen 114.56-66 114.67-77 -0.10 Euro* 0.9337-39 0.9373-78 -0.38 British Pound* 1.4664-74 1.4745-49 -0.55 Swiss Franc 1.6468-78 1.6394-04 +0.45 Canadian Dollar 1.5080-90 1.5066-76 +0.09 Australian Dollar* 0.5482-87 0.5500-05 -0.33 New Zealand Dollar* 0.4421-26 0.4420-30 +0.02 Deutsche Mark 2.0940-47 2.0853-69 +0.42 Czech Koruna 37.140-76 37.148-78 -0.02 Hungary Forint 284.07-16 282.98-03 +0.39 Danish Krone 7.9907-57 7.9525-42 +0.48 Norwegian Krone...
Wed, 07 Feb 2001, 00:00 WIB
Farmers receive Rp 3.4b loan
Farmers receive Rp 3.4b loan TANGERANG (JP): Local farmers grouped in 96 community units have been selected to receive a Rp 3.4 billion loan under the government-sponsored staple food resilience improvement program in the current fiscal year, an official said on Tuesday. The head of the regency agriculture office, Yodi Roshidi, said 97 percent of the loan would be used to help farmers increase production and improve their management.
Wed, 07 Feb 2001, 00:00 WIB
Strike results in fuel shortage, blackouts in Aceh
Strike results in fuel shortage, blackouts in Aceh BANDA ACEH, Aceh (JP): A massive solidarity strike involving truck drivers and state oil company Pertamina workers has resulted in fuel supply shortages and power outages in restive Aceh. Banda Aceh capital, along with Aceh Besar, Pidie and West Aceh regencies, has had power outages from Monday night up to Tuesday due to a lack of fuel supplies.
Wed, 07 Feb 2001, 00:00 WIB
Club, players fined for violence
Club, players fined for violence JAKARTA (JP): The disciplinary commission of the Soccer Association of Indonesia (PSSI) announced on Tuesday that Petrokimia Putra of Gresik, East Java, has been fined Rp 5 million (US$520) and given a three-match probation for failing to curb violence during its home match against Persema Manado in the first round of the 2001 Bank Mandiri soccer league on Jan. 28.
Wed, 07 Feb 2001, 00:00 WIB
PTMSI gloomy over SEAG chances
PTMSI gloomy over SEAG chances JAKARTA (JP): The Indonesian Table Tennis Association (PTMSI) is pessimistic about fulfilling the target of two gold medals set by the National Sports Council (KONI) in the Kuala Lumpur Southeast Asian (SEA) Games in September. "KONI has asked us to grab two golds for the men's and mixed doubles. To be honest, it will be difficult for us to get even one gold," PTMSI secretary-general Farid Rachman told The Jakarta Post on the phone.
Wed, 07 Feb 2001, 00:00 WIB
Wolfowitz to take No. 2 Pentagon post
Wolfowitz to take No. 2 Pentagon post By Charles Aldinger WASHINGTON (Reuters): Paul Wolfowitz, President George W. Bush's selection for the No. 2 job at the Pentagon, has held senior posts at the U.S. Defense and State departments and long been an intellectual conservative voice in U.S. arms and national security issues. Wolfowitz is an expert on East Asia and the Middle East who served as U.S.
Wed, 07 Feb 2001, 00:00 WIB
Expert warns of high cost of subway
Expert warns of high cost of subway JAKARTA (JP): A overseas expert warned on Tuesday of the price the city would have to pay for its Mass Rapid Transit (MRT) or subway system, saying the project would be barely feasible. Director for International Affairs at Japan's Teito Rapid Transit Authority (TRTA) Kunio Kawakami told a seminar on the Indonesian railway system here that there were only a few subway systems worldwide whose operating income exceeded operating costs.
Wed, 07 Feb 2001, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 6, 2001: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,950 0 15,000 Adindo Foresta Indonesia 140 5 718,000 Alakasa Industrindo 320 5 51,000 Alfa Retailindo 975 -25 161,500 Alter Abadi 115 0 0 Alumindo Light Metal 700 0 40,500 Andhi Chandra 1,400 0 11,000 Aneka Kimia Raya 190 0 0 Aneka Tambang (Persero) 925 -25 1,399,500 Anwar Sierad 300 0 0 APAC...
Wed, 07 Feb 2001, 00:00 WIB
One killed, two injured in armed robberies
One killed, two injured in armed robberies JAKARTA (JP): Robbers shot and killed a motorist and stole his vehicle early on Tuesday morning in Cikarang, Bekasi, police said. A passerby who attempted to intervene in the robbery also was injured and his motorcycle stolen, city police spokesman Sr. Comr. Anton Bahrul Alam said. Anton said Otim, 35, a construction worker, was shot dead by a gang of six robbers at about 1 a.m on Tuesday on Jl. Tanggul Arum in Pasir Koci subdistrict, Cikarang district.
Wed, 07 Feb 2001, 00:00 WIB
Dewi's remains might be moved
Dewi's remains might be moved BANDUNG, West Java: The grave of West Javanese heroine Dewi Sartika, located on Jl. Karanganyar, Bandung, might have to be moved to make way for development. "The development of the central area of the city has been hampered by the presence of the graveyard," local councillor Muhidin Effendy said here on Tuesday. Her remains will be moved to Cipadung Cibiru in East Bandung.
Wed, 07 Feb 2001, 00:00 WIB
Geo-radar detectors find passageway
Geo-radar detectors find passageway JAKARTA (JP): Geo-radar detectors have indicated the existence of a passageway leading from Jl. Cendana in the Menteng area of Central Jakarta, to the former office of the State Logistics Agency (Bulog) on Jl. Teuku Umar in Menteng, a top police officer said on Tuesday. "The passageway runs below the intersection of Jl. Teuku Umar and Jl. Tanjung in Central Jakarta.
Wed, 07 Feb 2001, 00:00 WIB
Farmers want more attention
Farmers want more attention PADANG, West Sumatra: Hundreds of farmers from 14 regencies in West Sumatra visited the provincial legislative council on Tuesday, asking for more attention from the administration, which they claim have been exploiting them through a number of complicated policies. The farmers, grouped under the Association of Minang Farmers Caring for the Environment, said that they had been fed up with a number of government policies which hadn't favored them at all.
Wed, 07 Feb 2001, 00:00 WIB
Comedian questioned over Wiranto report
Comedian questioned over Wiranto report JAKARTA (JP): Noted comedian Tubagus Dedi "Mi'ing" Gumelar was quizzed by police officers on Monday as a witness in a defamation complaint filed by former Indonesian Military (TNI) commander Gen. (ret) Wiranto against a University of Indonesia sociologist. Mi'ing, however, refused to disclose the substance of the questioning, which was held at the National Police Headquarters.
Wed, 07 Feb 2001, 00:00 WIB
Violation of copyright
Violation of copyright On Oct. 2, 2000, I applied for a job as a photographer at djakarta! magazine. As arranged earlier by phone, I met Mr. Daniel Ziv of the editorial board of the magazine. On the same day I was assigned to take photographs for an article by Seno Gumira Ajidarma about Teater Dalam Gang (Theater in a lane). Exactly a week later, I was asked to come back to the location to take pictures of the stage rehearsal. The deadline for the pictures was Oct 13.
Wed, 07 Feb 2001, 00:00 WIB
Education experts call for greater school autonomy
Education experts call for greater school autonomy JAKARTA (JP): Education experts called on Tuesday for greater autonomy for schools to allow them to employ their own teaching methods without being hampered by rigid guidelines that often do not correspond with local conditions. It is through such freedom, they said, that basic national curriculum standards can be reached.
Wed, 07 Feb 2001, 00:00 WIB
Amatil sells RP subsidiary
Amatil sells RP subsidiary MANILA (AFP): Philippine brewer San Miguel Corp. and The Coca-Cola Co. of the United States are to acquire the local Coke bottler from Coca-Cola Amatil Ltd. of Australia for US$1.24 billion, San Miguel said Tuesday. Under the agreement Amatil, the Australian firm that bottles the softdrink throughout Asia, will sell Coca-Cola Bottlers Philippines Inc. to San Miguel and The Coca-Cola Co.
Wed, 07 Feb 2001, 00:00 WIB
Expert upbeat about tourism outlook this year
Expert upbeat about tourism outlook this year JAKARTA (JP): Hotel occupancy rates in Indonesia are expected to increase to an average of 45 percent this year, from 40 percent in 2000, if political and economic conditions improve, an expert said on Tuesday. Director of the Institute for the Development of Information on Tourism (Lepita) Diyak Mulahela said his organization predicted occupancy rates for hotels in the greater Jakarta area would be similar to the national rate.
Wed, 07 Feb 2001, 00:00 WIB
Three arrested for drug possession
Three arrested for drug possession JAKARTA (JP): Police have arrested three men for allegedly possessing 2.05 kilograms of shabu-shabu (crystal methamphetamine) worth more than Rp 71 million (US$7,552) in two separate places in the city, city police spokesman Adj. Sr. Comr. Anton Bahrul Alam said on Tuesday. Anton said the three men were arrested on Monday night, with two of them, identified as Aripin, 26, and Zainudin, 25, nabbed on Jl.
Wed, 07 Feb 2001, 00:00 WIB
Key bomb suspect abroad: Police
Key bomb suspect abroad: Police JAKARTA (JP): A prime suspect in the Christmas Eve bomb attacks who is at large is strongly suspected to have fled to Saudi Arabia, a top police official said. National Police chief of detectives Insp. Gen. Engkesman Hillep said on Tuesday that National Police detectives had spent weeks working with the Malaysian Police, hunting for the suspect, identified only as Hambali.
Wed, 07 Feb 2001, 00:00 WIB
One arrested over killing of soldiers in Irian Jaya
One arrested over killing of soldiers in Irian Jaya JAYAPURA, Irian Jaya (JP): A military team set up following Saturday's killing of four soldiers in Betav, Jayapura regency, Irian Jaya, apprehended on Tuesday a man believed to be a member of the separatist group that killed the soldiers.
Wed, 07 Feb 2001, 00:00 WIB
Saving Bank BII
Saving Bank BII The Indonesian Bank Restructuring Agency (IBRA) has opted for what seems to be the least costly and least risky option to prevent publicly listed Bank Internasional Indonesia (BII) from going under, consequently putting out a spark that could have triggered a new banking crisis.
Wed, 07 Feb 2001, 00:00 WIB
Tight security at The Corrs' concert
Tight security at The Corrs' concert JAKARTA (JP): People attending the Feb. 27 concert of Irish band The Corrs in Jakarta will be searched before they enter the venue, organizers said here on Tuesday. "We are going to check people's bags. I hope they will understand," the concert organizer, Andre S, said.
Wed, 07 Feb 2001, 00:00 WIB
Two more bodies found from boat accident
Two more bodies found from boat accident JAKARTA (JP): The bodies of two young children were found on Tuesday morning as the search continued for survivors of PLM Oleo Putra II which sank in waters off Jailolo in North Maluku on Sunday morning. "The two bodies were found floating in waters near Dupa-Dupa beach in the Ternate Islands. Both were small children," North Maluku Police chief Adj. Sr. Comr. Zulkarnain told The Jakarta Post from Ternate in North Maluku.
Wed, 07 Feb 2001, 00:00 WIB
House sets terms for approval of BCA and Bank Niaga sale
House sets terms for approval of BCA and Bank Niaga sale JAKARTA (JP): The House of Representatives will approve the government's plan to divest its ownership in publicly listed Bank Central Asia (BCA) and Bank Niaga in the first semester of this year if the government can meet "certain conditions", according to legislator Paskah Suzetta.
Wed, 07 Feb 2001, 00:00 WIB
Campaign to turn Daewoo Motor 'people's firm'
Campaign to turn Daewoo Motor 'people's firm' SEOUL (AFP): Former South Korean prime ministers and academics launched a campaign Tuesday to turn bankrupt Daewoo Motor Co. into a "people's company." Ahead of the temporary closure of the carmaker's main plant, 300 prominent figures, including former government officials, college deans, and religious leaders vowed to transform Daewoo Motor into a company financed and run by citizens. "We, all of us, are responsible for Daewoo Motor's problems.
Wed, 07 Feb 2001, 00:00 WIB
Rupiah Rates Feb.6
Rupiah Rates Feb.6 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.
Wed, 07 Feb 2001, 00:00 WIB
Culinary society puts food on the front burner
Culinary society puts food on the front burner By Maria Endah Hulupi JAKARTA (JP): It may seem a tall order in a country where many people still do not have enough to eat, but the Indonesian chapter of Chaine des Rotisseurs wants more local faces among its ranks. "We are trying to boost local appreciation of fine food and to encourage more Indonesians to join the Chaine membership," said chairman of Chaine des Rotisseurs in Indonesia, Firdaus A. Siddik.
Wed, 07 Feb 2001, 00:00 WIB
Yellow card for Gus Dur
Yellow card for Gus Dur Legal proceedings against President Abdurrahman "Gus Dur" Wahid following the indictment by the House Commission on Buloggate and Bruneigate scam look like an impossible mission. Under the Constitution the President can testify before a legal court as a person, only with the consent of the head of state, while they are both one and the same person, who will sit as the accused.
Wed, 07 Feb 2001, 00:00 WIB
Microsoft says software piracy may rise in Indonesia
Microsoft says software piracy may rise in Indonesia JAKARTA (JP): Sales of personal computers (PCs) in Indonesia may increase by more than 20 percent this year, but for PT Microsoft Indonesia this is not necessarily good news. Microsoft Indonesia president Richard Kartawijaya told reporters on Tuesday that piracy of computer programs, particularly of the company's Windows operating system, will grow even faster with this year's increase in sales.
Wed, 07 Feb 2001, 00:00 WIB
Morbid gift highlights plight of street kids
Morbid gift highlights plight of street kids By Hera Diani JAKARTA (JP): What kind of gift does a minister usually get? A gold wristwatch? Leather wallet? Jewel-studded pen? It was none of the above that Minister of Health and Social Welfare Achmad Sujudi received at his office on Monday. Instead, it was an amputated rotten hand, soaked in a small jar. The hand belonged to Achmad Sofyan, 13, or Pian as he is known to his friends, a street kid who lives at the Lingkar Selatan shelter in Depok.
Wed, 07 Feb 2001, 00:00 WIB
Where to go in Surabaya:
Where to go in Surabaya: Exhibition * Poster Exhibition Hari Terindah dalam Masa Remajaku, CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5615246), 9 a.m. to 8 p.m., until Feb. 17. Music and Entertainment * Hotel Majapahit, Mandarin Oriental, Jl. Tunjungan 65 (Phone: 031 545 4333) - Indigo Restaurant and Bar: Acoustic Quartet, nightly 7:30 p.m. to 10 p.m. except Wednesday. Weekly Indigo Jazz Performance with Howie Chen and Virtuoso band, 7:30 p.m. to 10 p.m.
Wed, 07 Feb 2001, 00:00 WIB
IPTN-made CASA aircraft
IPTN-made CASA aircraft From Kompas A number of air crashes involving CASA NC-212 aircraft made by Nusantara Aircraft-Manufacturing Industry (IPTN) have occurred, killing passengers and crew members, generally because of the failure of the aircraft to maintain their height following the breaking down of one of the engines. A CASA NC-212 (SMAC), during a flight from Palembang to Jakarta, had to ditch somewhere in the Jakarta Bay because of the failure of one of its engines.
Wed, 07 Feb 2001, 00:00 WIB
Telkom plans to invest $1 billion in major project expansion
Telkom plans to invest $1 billion in major project expansion JAKARTA (JP): State telecommunications company PT Telkom says it will invest US$1 billion to further develop its telephone line business and to expand into mobile phone, cable TV and the Internet service businesses in two years.
Wed, 07 Feb 2001, 00:00 WIB
Security in Jakarta
Security in Jakarta From Media Indonesia The increasingly uncontrolled security situation in the capital has pushed the governor to equip his civil servant security personnel (peace and order officer) with tear gas pistols. I agree with him because his decision to equip them with tear gas pistols is based on the real situation in the field, where gangs of criminals or street vendors or members of the society who are being reprimanded by them often attack them physically.
Wed, 07 Feb 2001, 00:00 WIB
Al fresco dining, local style, with Santiga Seafood Halal
Al fresco dining, local style, with Santiga Seafood Halal JAKARTA (JP): Since Hartadi H., better known as Abeng, took to the streets in business in 1989, his seafood sidewalk eatery has won a place in the hearts and stomachs of connoisseurs of the fruits of the sea. Santiga Seafood Halal, Jl. Raya Bendungan Hilir Kav. 36 A, Central Jakarta (in front of BCA bank, next to KFC restaurant and across from Benhil traditional market). Accessible from Jl. Sudirman and Jl. Pejompongan Raya. Open: 6 p.m.
Wed, 07 Feb 2001, 00:00 WIB
Sutiyoso delays announcing results of Jaya Ancol probe
Sutiyoso delays announcing results of Jaya Ancol probe JAKARTA (JP): Governor Sutiyoso delayed announcing on Tuesday the results of the investigation into the alleged misuse of funds from PT Pembangunan Jaya Ancol. The governor said the Officials Honor Council assigned to conduct the investigation had not completed its probe as of Tuesday. "The council has not finished the investigation. So, please wait," Sutiyoso said.
Wed, 07 Feb 2001, 00:00 WIB
Police, military chiefs meet to clear the air
Police, military chiefs meet to clear the air AMBON, Maluku (JP): Military and police commanders in Maluku sat down together on Tuesday to patch-up growing rivalry and antagonism amongst their personnel on the field. Pattimura Military chief of staff Col.
Wed, 07 Feb 2001, 00:00 WIB
Yen lends support to Asian currencies, rupiah pressured
Yen lends support to Asian currencies, rupiah pressured SINGAPORE (Dow Jones): A firmer yen lent support to most Asian regional currencies Tuesday, while heightening political tensions in Indonesia kept pressure on the rupiah. The Indonesian rupiah closed lower Tuesday in steady trading as offshore participants continued to square forward positions.
Wed, 07 Feb 2001, 00:00 WIB
Investor ready to take over OPIC bill from PLN
Investor ready to take over OPIC bill from PLN JAKARTA (JP): A foreign investor has offered to take over the Overseas Private Investment Corporation (OPIC)'s US$290 million insurance claim against state electricity company PT PLN in return for the operation of two power plants here, according to the government.
Wed, 07 Feb 2001, 00:00 WIB
Is Amien Rais desperate?
Is Amien Rais desperate? By Benny Subianto JAKARTA (JP): The House of Representatives (DPR) censured President Abdurrahman Wahid for his alleged involvement in two financial scandals on Feb. 1. Within about one hour, Amien Rais, the Speaker of the People's Consultative Assembly (MPR), said in an interview with a local television station that the President should declare his resignation.
Wed, 07 Feb 2001, 00:00 WIB
BI to use treasury bills for management
BI to use treasury bills for management JAKARTA (JP): Bank Indonesia (BI) will switch to treasury bills as its main tool for monetary management starting this April or May, the central bank deputy governor Miranda Goeltom said on Tuesday. Miranda said that using treasury bills would be more effective when operating in an open market because it wouldn't affect the central bank's balance sheet.