Archive: 1 May 2001
60 articles found
Tue, 01 May 2001, 00:00 WIB
Govt faces tough task in getting money from regions
Govt faces tough task in getting money from regions JAKARTA (JP): The government admitted that it would be facing tough challenges in persuading wealthier provinces and districts to help finance the widening 2001 state budget deficit. Director general for fiscal decentralization Machfud Sidik said on Monday that the political process involved in the new fiscal plan would be tedious as the regions had obtained autonomy in managing their economic affairs.
Tue, 01 May 2001, 00:00 WIB
Discuss Islamic jurisprudence with care, scholar warns
Discuss Islamic jurisprudence with care, scholar warns JAKARTA (JP): A scholar warned Muslims against disputing Islamic fiqh (jurisprudence) in an indiscriminate way for fear it will undermine the strength of Islam. "The concept of family in Islam, for example, is very strong. Family is the last bastion, once it is broken, Islam will be weakened," Dr. Nazaruddin Umar said in a discussion on Saturday.
Tue, 01 May 2001, 00:00 WIB
Rupiah up as House session ends peacefully
Rupiah up as House session ends peacefully JAKARTA (JP): The battered rupiah gained ground on Monday after rallies by President Abdurrahman Wahid's supporters went off peacefully. Forex dealers said the bullish dollar dipped as profit-taking set in, after weeks of panic-selling had destabilized the local unit, dealers said. Monday trading took the rupiah to 11,600 against the U.S dollar, compared to 11,800 at market close last Friday.
Tue, 01 May 2001, 00:00 WIB
Astra has no plans to hike car prices despite weak rupiah
Astra has no plans to hike car prices despite weak rupiah JAKARTA (JP): Giant publicly listed auto-manufacturer PT Astra International said on Monday that so far it had no plans to adjust car prices despite the persistent drop in the rupiah against the U.S. dollar. Astra corporate secretary Aminuddin said the rupiah was too unstable to justify a price increase at this moment. "Actually, it looks as though the rupiah is strengthening ...
Tue, 01 May 2001, 00:00 WIB
Don't let RI disintegrate
Don't let RI disintegrate From Suara Karya Observing political, economic, social and security developments in this era of reform, particularly over the last two years, as children of the nation we have every reason to feel concerned and confused. Why? If we look back at the history of the superpowers, our reform movement at present can be compared with the perestroika launched in the Soviet Union in 1987-1988.
Tue, 01 May 2001, 00:00 WIB
What is so special about Ginandjar?
What is so special about Ginandjar? From Rakyat Merdeka Former minister of mines and energy Ginandjar Kartasasmita won his case in court. Yet there must have been some loopholes that they made use of or otherwise they resorted to acts of trickery. It is not a public secret any more that he was one of the spearheads of the Soeharto regime. Several other graduates from the Bandung Institute of Technology (ITB) also lived in prosperity while Ginandjar was in power.
Tue, 01 May 2001, 00:00 WIB
Volleyball c'ships delayed
Volleyball c'ships delayed JAKARTA (JP): Organizers decided to postpone the national inter-club volleyball championships to allow participating clubs better preparation. The Indonesian Volleyball Association (PBVSI) earlier slated the event to take place from May 21 to May 27, before delaying it to May 28 until June 3. The event will be held at the Satria sports hall in Semarang.
Tue, 01 May 2001, 00:00 WIB
Where to go in Bandung:
Where to go in Bandung: Exhibition * Painting, Drawing, Sculpture CARPE DIEM Art Project, by Dede Wahyudin, Tisna Sanjaya, etc., Griya Seni Popo Iskandar, Jl. Dr. Setiabudhi 268 (Phone: 022 2014770), Griya Seni Popo Iskandar, Jl. Dr. Setiabudhi 268 (Phone: 022 2014770), 10 a.m. to 6 p.m., until May 5. Performances * Theater: Rumah Ketiak, by Teater Puncta, CCF - French Cultural Center, Jl. Purnawarman 32 (Phone: 022 4212417), 7:30 p.m., May 5.
Tue, 01 May 2001, 00:00 WIB
Sulawesi national park last refuge for threatened wildlife
Sulawesi national park last refuge for threatened wildlife By Robert J. Lee and Suparman Rais BOGANI NANI WARTABONE NATIONAL PARK, N. Sulawesi (JP): Crouching beneath the rain-forest canopy in the dead of night, a group of 40 people -- university students, NGO members and forest rangers -- is following the torch beams with their binoculars to get a good view of a rare Sulawesi masked owl.
Tue, 01 May 2001, 00:00 WIB
Governor's accountability speech accepted
Governor's accountability speech accepted JAKARTA (JP): The City Council accepted on Monday Governor Sutiyoso's accountability speech and approved the city budget for the 2000 administrative year. In a closed ballot, 70 councillors voted to accept the governor's speech, eight rejected the speech and one councillor abstained. Four councillors were not present for the ballot.
Tue, 01 May 2001, 00:00 WIB
KL plans to bolster airport
KL plans to bolster airport KUALA LUMPUR (AP): Malaysia is looking for ways to turn its main airport into a regional aviation hub, including strategies to increase flight frequencies and improving operational and service standards, a government-appointed economic body said Monday.
Tue, 01 May 2001, 00:00 WIB
China holds key to Asian economic stability: Report
China holds key to Asian economic stability: Report SINGAPORE (AFP): China holds the key to Asian economic stability amid the U.S.-led global slowdown and Japan's decade- long economic stagnation, according to a regional report.
Tue, 01 May 2001, 00:00 WIB
Former BI governor Mooy questioned over graft case
Former BI governor Mooy questioned over graft case JAKARTA (JP): Former Bank Indonesia (BI) governor Adrianus Mooy testified at the Attorney General's Office on Monday over a Rp 1.1 trillion (US$91.67 million) graft case in state-owned investment company PT Bahana Pembinaan Usaha Indonesia (BPUI). Attorney General's Office spokesman Muljohardjo said the questioning centered on the takeover of timber company PT Barito Pacific's debt by BPUI.
Tue, 01 May 2001, 00:00 WIB
UGM, Pecs sign deal
UGM, Pecs sign deal YOGYAKARTA: Gadjah Mada University (UGM) rector Ichlasul Amal and his counterpart of the Hungarian Pecs' University Jozsef Toth signed on Saturday a Memorandum of Understanding (MOU) for academic and research cooperation. "The MOU includes the exchange of students and lecturers and research and scientific meetings between the two universities," Amal said after the signing ceremony.
Tue, 01 May 2001, 00:00 WIB
3,558-TEUs ship calls at JICT
3,558-TEUs ship calls at JICT JAKARTA (JP): The Jakarta International Container Terminal (JICT) received its largest ever vessel in terms of loading volume when P&O-Nedlloyd, with a capacity of 3,558 Twenty-foot Equivalent Units (TEUs) called at the port on Thursday last week. The 269-meter-long and 50,792 dead-weight-tons vessel, which is also called Nedlloyd Africa, is part of the Grand Alliance direct service to northern Europe, JITC said in a statement.
Tue, 01 May 2001, 00:00 WIB
The good, bad and ugly sides of SOEs
The good, bad and ugly sides of SOEs The following is the second of two articles on state-owned enterprises by Sauri Hasibuan, assistant manager at Ernst & Young Consulting Corporate Finance Division, Jakarta JAKARTA (JP): Bankrupting those state-owned enterprises (SOEs) suspected of improper accounting practices is hardly a solution, for that would mean most of them. So the government is trying to separate them into three groups: The hopeless, the bad and the prospective.
Tue, 01 May 2001, 00:00 WIB
ASEAN ministers to plan employment projects
ASEAN ministers to plan employment projects KUALA LUMPUR (AFP): Southeast Asian labor ministers will meet here next week to map out new projects to create more jobs in the region amid the U.S. slowdown, a Malaysian minister said Monday. But a planned protest by the country's trade union movement on May 12 against alleged misuse of the state retirement fund could mar the event.
Tue, 01 May 2001, 00:00 WIB
Beethoven and memorandum debate keep President busy
Beethoven and memorandum debate keep President busy JAKARTA (JP): As legislators argued over the issuance of a second memorandum of censure, President Abdurrahman Wahid and Vice President Megawati Soekarnoputri kept a low profile on Monday, deciding instead to join millions glued to their television sets to watch the proceedings. Neither of them made a public appearance, with the whole day cleared of state functions to keep an eye on events at the House of Representatives.
Tue, 01 May 2001, 00:00 WIB
KL disco raided, 652 arrested
KL disco raided, 652 arrested KUALA LUMPUR (AP): Police forced 652 people including 45 foreigners to undergo urine tests after raiding a nightclub on the outskirts of Kuala Lumpur looking for drugs, news reports said on Monday. Of those held, 15 were Thai nationals and 30 Indonesians, the Star newspaper reported. Most were aged between 18 and 40 years. Officers from the anti-narcotics and volunteer security personnel stormed the nightclub at 3:30 a.m. Sunday (2:30 a.m.
Tue, 01 May 2001, 00:00 WIB
Wiranto sues UI sociologist
Wiranto sues UI sociologist BOGOR (JP): The Cibinong District Court began on Monday the trial of a libel suit filed by former coordinating minister of political and security affairs Gen. (ret.) Wiranto and three other Army generals against the University of Indonesia (UI) sociologist Thamrin Amal Tomagola. Presiding judge Sareh Wiyono, however, adjourned the hearing shortly after it was opened because neither the defendant nor his lawyers were present.
Tue, 01 May 2001, 00:00 WIB
ASEAN FMs meet against regional tension backdrop
ASEAN FMs meet against regional tension backdrop YANGON (Agencies): Southeast Asian foreign ministers held an informal retreat in the Myanmar capital on Monday where they were expected to make a discreet vote of support for the political thaw in the military-run country. The meeting is being held against a backdrop of tension in the region, with an attempted power grab in the Philippines and fears of violence in Indonesia as President Abdurrahman Wahid faced a second censure motion.
Tue, 01 May 2001, 00:00 WIB
Vote of no confidence
Vote of no confidence The decision by the House of Representatives to issue a second motion of censure against President Abdurrahman Wahid on Monday really amounted to a vote of no confidence in his ability to lead this country. This much is clear from the opinions of the majority of the factions when they gave their views about the President's response to the first memorandum.
Tue, 01 May 2001, 00:00 WIB
PLN delays unveiling 2000 financial report
PLN delays unveiling 2000 financial report JAKARTA (JP): Financially troubled state electricity company PT PLN has delayed the announcement of its audited financial report due to substantial changes in the company's financial structure, a senior official said.
Tue, 01 May 2001, 00:00 WIB
Guterres sentenced to six months in jail
Guterres sentenced to six months in jail JAKARTA (JP): Former East Timorese militia leader Eurico Guterres was sentenced on Monday to six months in jail for instigating violence. The panel of judges presided over by Suwardi found Guterres, 27, guilty of giving orders to the prointegration militia to seize weapons that they had earlier surrendered to Belu police, East Nusa Tenggara, in September 1999.
Tue, 01 May 2001, 00:00 WIB
Three men arrested inpolice raid on hotel room
Three men arrested inpolice raid on hotel room JAKARTA (JP): Central Jakarta Police detectives raided a hotel room in Menteng on Monday morning following a tip that four men in the room were in the possession of bombs. While the police did not find any bombs, they arrested the three men for the illegal possession of weapons. The police described these weapons as 10 steel rods with sharp, star-like figures on the ends.
Tue, 01 May 2001, 00:00 WIB
Stop student brawls
Stop student brawls From Warta Kota Jakarta, as the capital city of Indonesia, is now considered by many to be insecure, in disarray and lacking in humanity. This feeling of insecurity is particularly felt when we hear and see how daringly bag snatchers, muggers, robbers and the many other types of criminals ("you name 'em, we have 'em") conduct their activities in public places. In other words, violence is everywhere in our midst.
Tue, 01 May 2001, 00:00 WIB
Stock quotations on JSX
Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on April 30, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 975 25 337,500 Adindo Foresta 90 -5 43,000 AGIS 145 0 2,170,500 Alakasa 90 0 0 Alfa Retailindo 1,150 0 0 Alter Abadi 70 0 0 Alumindo Light 550 0 0 Andhi Chandra 1,625 -75 2,500 Aneka Kimia Raya 140 -20 15,000 Aneka Tambang 750 -25 1,834,500 Anwar Sierad 300 0 0 Apac Citra 280 -10 50,000...
Tue, 01 May 2001, 00:00 WIB
Healers say Reiki method helps put the force with you
Healers say Reiki method helps put the force with you By Maria Kegel JAKARTA (JP): Political tension may prevail on the capital's streets but it's another story inside the Mahameru Center on Jl. Gatot Subroto in Central Jakarta. With a cool, clean interior, the center practices Reiki, "a method of holistic healing", to treat people suffering from such illnesses as cancer, diabetes and liver ailments.
Tue, 01 May 2001, 00:00 WIB
President's performance gets failing grade
President's performance gets failing grade JAKARTA (JP): Major factions at the House of Representatives (DPR) expressed on Monday their disappointment over President Abdurrahman Wahid's performance, especially his controversial statements, in the last three months after the House issued the first memorandum of censure against the embattled President.
Tue, 01 May 2001, 00:00 WIB
Military faction in House sits out censure decision
Military faction in House sits out censure decision JAKARTA (JP): The Indonesian Military (TNI)/Police faction at the House of Representatives decided to play safe on Monday, opting to sit on the fence on the crucial decision of whether to issue a second memorandum of censure against the President. TNI/National Police faction chairman Lt. Gen.
Tue, 01 May 2001, 00:00 WIB
Manila garbage woes ease with recycling
Manila garbage woes ease with recycling By John Grafilo MANILA (DPA): Philippine President Gloria Macapagal Arroyo walked out of a garbage summit in February as government officials and representatives of non-government organizations bickered over how to solve Manila's worsening waste problem.
Tue, 01 May 2001, 00:00 WIB
Badminton body announces lineup for Sudirman Cup
Badminton body announces lineup for Sudirman Cup JAKARTA (JP): The Badminton Association of Indonesia (PBSI) broke its silence and unveiled the lineup for the Sudirman Cup, though it remained tight-lipped about the World Championships. The association originally set a rather unambitious target for the Sudirman Cup, saying it would be happy just to make the semifinals, but later reversed course and announced it wanted to win the event.
Tue, 01 May 2001, 00:00 WIB
Citra Tubindo denies conspiracy allegation
Citra Tubindo denies conspiracy allegation JAKARTA (JP): Steel pipe manufacturer PT Citra Tubindo denied on Monday it conspired with two other companies to win the tender for PT Caltex Pacific Indonesia's pipe procurement contract. Citra corporate secretary Harsono said it was unfair of the Business Competition Oversight Commission (KPPU) to declare the company had colluded in the tender process without first discussing the allegation with Citra.
Tue, 01 May 2001, 00:00 WIB
Palm oil futures end day lower
Palm oil futures end day lower KUALA LUMPUR (Reuters): Malaysian palm oil ended mostly lower in directionless trade, with poor export figures putting more pressure on an already bearish market, traders said on Monday. The market will be closed on Tuesday for Labour Day and will re-open on Wednesday. "It's all quiet and the product market did not move much either because people's minds were already on the holiday," said one trader in Kuala Lumpur.
Tue, 01 May 2001, 00:00 WIB
President's supporters warn of rebellion in East Java
President's supporters warn of rebellion in East Java JAKARTA (JP): Thousands of people braved heavy rain on Monday as they marched through the city's thoroughfares in a display of support for President Abdurrahman "Gus Dur" Wahid, whose political legitimacy slid to a further low after the House of Representatives issued him a second censure.
Tue, 01 May 2001, 00:00 WIB
Gus Dur's power base calm despite second censure
Gus Dur's power base calm despite second censure SURABAYA (JP): Surabaya and several other areas in President Abdurrahman Wahid's political stronghold of East Java and base of Nahdlatul Ulama (NU), remained calm on Monday. In the province' capital, the majority of residents preferred to stay home following on television the proceedings of the House of Representatives' Plenary Session that issued the second memorandum to censure the President.
Tue, 01 May 2001, 00:00 WIB
Govt petitions for revised antigraft law
Govt petitions for revised antigraft law JAKARTA (JP): The government submitted to the House of Representatives on Monday a petition for the revision of the Anticorruption Law No. 31/1999, to propose shifting the burden of proof for corruption cases. The petition, dated April 24, 2001, was signed by President Abdurrahman Wahid, who further assigned Minister of Justice and Human Rights Affairs Baharuddin Lopa to discuss the revision with the House.
Tue, 01 May 2001, 00:00 WIB
Ex-minister and composer Maladi dies at 89
Ex-minister and composer Maladi dies at 89 JAKARTA (JP): Renowned songwriter and former minister of information, Maladi, died on Monday afternoon at about 3:45 p.m. due to severe bronchial problems. He was 89. He had been treated at Medistra Hospital in South Jakarta for the past two weeks. He is survived by a wife and nine children. Serving his time as a minister of information during the administration of first Indonesian president Sukarno, Maladi had a strong passion for music.
Tue, 01 May 2001, 00:00 WIB
Gus Dur censured again
Gus Dur censured again JAKARTA (JP): The House of Representatives voted overwhelmingly on Monday to issue a second memorandum of censure against President Abdurrahman Wahid, bringing him closer to the brink of impeachment.
Tue, 01 May 2001, 00:00 WIB
Rates for tax payment, valid from April 30 to May. 6
Rates for tax payment, valid from April 30 to May. 6 U.S. dollar 1 Rp 11,750.00 Austrian schilling 1 Rp 768.59 Australian dollar 1 Rp 5,984.80 Belgian franc 1 Rp 262.17 Canadian dollar 1 Rp 7,642.12 Swiss franc 1 Rp 6,903.59 Deutschemark 1 Rp 5,410.47 Danish krone 1 Rp 1,438.71 French franc 1 Rp 1,612.29 Poundsterling 1 Rp 16,964.22 Hong Kong dollar 1 Rp 1,516.76 Italian lira 100 Rp 546.21 Japanese yen 100 Rp 9,592.93 Malaysian ringgit 1 Rp 3,113.57 Dutch guilder 1 Rp 4,799.21 New Zealand...
Tue, 01 May 2001, 00:00 WIB
Rupiah rate April 30
Rupiah rate April 30 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.
Tue, 01 May 2001, 00:00 WIB
Six foreigners deported
Six foreigners deported BANDUNG, West Java: The West Java provincial immigration office has from January until April deported at least six foreigners for overstaying and breaching their stay permits, an official said Monday. Head of the immigration office Syaiful Rahman identified the deported foreigners as Singaporean Liem Eng Kok, Malaysians Maria Kulling Wong and Roslan bin Sulaeman, German Hendrik Kunzke, Australian Helmut Richard and Chinese Chen Ziang Ping.
Tue, 01 May 2001, 00:00 WIB
Bridge pairs groom for U.S. Open
Bridge pairs groom for U.S. Open JAKARTA (JP): The Indonesian Contract Bridge Association (Gabsi) is preparing three partnerships to play in the U.S. Open in July in Las Vegas, Nevada. "Indonesia has participated in the championships for the last three years, which plays the best partnerships and teams from several countries," the chairman of Gabsi's North Sulawesi chapter, Hengky Lasut, was quoted as saying by Antara news agency from Manado, North Sulawesi.
Tue, 01 May 2001, 00:00 WIB
Men arrested for unpaid hotel bills
Men arrested for unpaid hotel bills JAKARTA (JP): The police have arrested four men for allegedly not paying their bills totaling over Rp 1 billion at a five-star hotel, after staying there for nearly a month. City Police chief of detectives, Sr. Comr. A. Rochana, said on Monday that his personnel had arrested the men on Sunday. They had been staying at the Aston Hotel, on Jl. Sudirman in South Jakarta, since March 31 this year.
Tue, 01 May 2001, 00:00 WIB
FSPC OKs restructuring of $93.07m in corporate debt
FSPC OKs restructuring of $93.07m in corporate debt JAKARTA (JP): The Financial Sector Policy Committee (FSPC) has approved the restructuring of some US$93.07 million in debt owed by two companies to foreign creditors and the Indonesian Bank Restructuring Agency (IBRA), according to a media statement issued by the committee on Monday. The FSPC said that the debts were owed by plywood exporter PT Sumatra Timber Utama Damai (STUD) and by granite mining company PT Pacific Granitama.
Tue, 01 May 2001, 00:00 WIB
Myanmar says Thailand helping 'drug bandits'
Myanmar says Thailand helping 'drug bandits' BANGKOK (Reuters): Myanmar's military government launched a stinging attack on neighboring Thailand on Monday, accusing it of colluding in drugs trafficking with a rebel ethnic army. A statement released by the Myanmar government and received by Reuters in Bangkok said Thai army shelling of Myanmar troop positions across the common border on Sunday were an "unnecessary aggravation" designed to give artillery support to the rebels.
Tue, 01 May 2001, 00:00 WIB
Philippine peace negotiators to start where they left off
Philippine peace negotiators to start where they left off OSLO, Norway (AP): Philippine leftist rebels and government negotiators ended their first round of peace talks in two years on Monday with unexpected progress and a determination to see the process through. The four-day talks on ending their 32-year conflict marked the reopening of negotiations that collapsed in 1999. They came at a time of unrest in the Philippines over the arrest of ousted President Joseph Estrada.
Tue, 01 May 2001, 00:00 WIB
Malaysian unions asked to call off planned protest
Malaysian unions asked to call off planned protest KUALA LUMPUR (Agencies): Top Malaysian government officials are negotiating with union leaders to try to defuse plans for a massive picket during a meeting of Southeast Asian labor ministers. Separately, Prime Minister Mahathir Mohamad issued a Labor Day address that urged workers to make common cause with his government against those who would use globalization to suppress poor countries.
Tue, 01 May 2001, 00:00 WIB
Whittall guides Zimbabwe to 8-wicket win
Whittall guides Zimbabwe to 8-wicket win HARARE (Agencies): Guy Whittall scored a valuable 60 to guide Zimbabwe to an eight-wicket win over Bangladesh in the second test on Monday. The match was all over an hour after lunch on the final day when Zimbabwe reached 100 for two with Stuart Carlisle on 29 not out and Alistair Campbell on nought. Opener Whittall and Carlisle shared 57 for the second wicket to set up the 2-0 series whitewash.
Tue, 01 May 2001, 00:00 WIB
Senegal's president looks to win parliamentary majority
Senegal's president looks to win parliamentary majority DAKAR (AFP): Senegal's President Abdoulaye Wade looked poised on Monday to win a parliamentary majority on early election results, a year after dealing a first blow to socialists entrenched in power for four decades. The Sopi coalition backing Wade, who won a presidential poll in March last year, was set to take between 45 and 53 percent of the 120 National Assembly seats on unofficial results from Sunday's general election.
Tue, 01 May 2001, 00:00 WIB
Greed and corruption killing Indonesian forests, wildlife
Greed and corruption killing Indonesian forests, wildlife By Joe Cochrane TANJUNG PUTING, Central Kalimantan (DPA): The residents of this remote tropical rainforest on Indonesia's half of Borneo island do not know much about the country's historic attempt at democracy after 32 years of dictatorship. But they do know that it has destroyed their homes, depleted their food sources and decimated their population by as much as one-third since 1998.
Tue, 01 May 2001, 00:00 WIB
World shipping body sets tanker safety deadline
World shipping body sets tanker safety deadline SYDNEY (Reuters): Shipping legislators said on Monday they had agreed a fast-track timetable for eliminating single-hulled tankers, a pollution hazard to the world's oceans and coastlines. "Delegates...agreed to a timetable that will see most single- hull oil tankers eliminated by 2015 or earlier," said the International Maritime Organization (IMO), shipping's self- legislating body.
Tue, 01 May 2001, 00:00 WIB
Dutch musicians charm city audience
Dutch musicians charm city audience TANGERANG (JP): A group of Dutch musicians charmed an audience of 150 people at Yayasan Musik Jakarta music school here on Sunday. The four-member Camerata Trajectina ensemble which specializes in 16th and 17th century Dutch music presented works by Corneliszoon Hooft, Constantijn Huygens and Jacob van Eyck among others. The ensemble, which was founded in 1974, combined vocal and traditional instruments including the lute, recorder, viol and cittern.
Tue, 01 May 2001, 00:00 WIB
U.S. Dollar Rates April.30
U.S. Dollar Rates April.30 Latest Previous %Change Yen 123.51-56 124.02-10 -0.41 Euro* 0.8876-78 0.8912-16 -0.40 British Pound 1.4320-30 1.4346-54 -0.18 Swiss Franc 1.7309-19 1.7263-73 +0.27 Canadian Dollar* 1.5430-35 1.5425-35 +0.03 Australian Dollar* 0.5079-84 0.5087-94 -0.16 New Zealand Dollar 0.4104-11 0.4118-25 -0.34 Deutsche Mark 2.2028-35 2.1936-46 +0.42 Czech Koruna 38.890-20 38.721-51 +0.44 Hungary Forint 300.92-13 299.83-88 +0.36 Danish Krone 8.4062-02 8.3640-90 +0.50 Norwegian Krone...
Tue, 01 May 2001, 00:00 WIB
Asian currencies mixed late, politics overwhelm U.S. GDP
Asian currencies mixed late, politics overwhelm U.S. GDP SINGAPORE (Dow Jones): Asian currencies were mixed late Monday, as domestic political anxieties in Southeast Asia overwhelmed the market's relief over stronger-than-expected U.S. first-quarter economic data, dealers said. The South Korean won and the New Taiwan dollar were the main beneficiaries of the surprisingly strong U.S. first-quarter economic growth, which bodes well for their export-oriented economies, market watchers said.
Tue, 01 May 2001, 00:00 WIB
Jakarta retailers pinched by latest round of riot rumors
Jakarta retailers pinched by latest round of riot rumors JAKARTA (JP): Retailers in Jakarta suffered more than an 80 percent drop in sales last week as rumors of impending riots multiplied ahead of the Nahdlatul Ulama (NU) mass prayer gathering and the House of Representative's plenary session to decide on the issuance of a second memorandum of censure against President Abdurrahman Wahid.
Tue, 01 May 2001, 00:00 WIB
Anticorruption draft law met with criticism
Anticorruption draft law met with criticism JAKARTA (JP): Government watchdogs pointed out that the Rp 10 million (US$860) limitation on gifts received by state officials stipulated in the latest draft law for corruption cases will only give leeway for more corruption. Government Watch (Gowa) coordinator Farid R. Faqih said the officials should not receive any gifts, no matter what the value. This is unethical and can not be accepted because it violates the officials' oath, he said.
Tue, 01 May 2001, 00:00 WIB
President Arrovo vows to crush troublemakers
President Arrovo vows to crush troublemakers MANILA (Agencies): Philippine President Gloria Macapagal Arroyo vowed on Monday to crush any attempt to grab power after tens of thousands of people rallied in support of jailed former leader Joseph Estrada. Arroyo said there had been the threat of coup against her but it had faded when Estrada's followers called off a march to the presidential palace overnight.
Tue, 01 May 2001, 00:00 WIB
Activists accuse PT Newmont of polluting the environment
Activists accuse PT Newmont of polluting the environment MANADO, North Sulawesi (JP): Environmentalists said here over the weekend that the submarine tailing disposal (STD) used as a waste disposal system by gold mining firm PT Newmont Raya Minahasa (NRM) was unsafe for the environment as it had affected the sea habitat and human beings.
Tue, 01 May 2001, 00:00 WIB
Local firms still reluctant to adopt ISO 14000 rules
Local firms still reluctant to adopt ISO 14000 rules JAKARTA (JP): Indonesian companies are still reluctant to adopt ISO 14000 environmental management standardization, according to the National Standardization Agency (BSN). Agency chairman Herudi Kartowisastro said here on Monday that only about 60 companies had so far received ISO 14000 certification since its introduction in the country in 1996. "We have already promoted the benefits ...