Indorayon rating withdrawn JAKARTA (AFX-ASIA): Moody's Investors Service said it affirmed and then withdrew the 'Ca' rating on PT Inti Indorayon's US$150 million senior notes and $110 million guaranteed notes. It said the company's operations have been seriously affected by the closure of its pulp mill at Porsea, North Sumatra. Inti Indorayon has since 1999 suspended all debt repayment.

Political foes dismiss executive order JAKARTA (JP): Senior political figures outside President Abdurrahman Wahid's camp dismissed the newly issued executive order, describing it as a mere "announcement" with little statutory weight. Most brushed aside the executive order as an elucidation of the current duties of the Coordinating Minister for Political, Social and Security Affairs.

How much longer can beeper operators go? JAKARTA (JP): The recent breakthrough of three local GSM operators in introducing a joint SMS service have undoubtedly boosted message sending via cellular phones in the country. But one party is left behind: radio paging operators. Many firmly believe that beeper operators will soon close their doors following the latest lethal attack by GSM operators.

A feasible solution As the political tension in Indonesia escalates and the plenary session of the House of Representatives (DPR) is around the corner, as an ordinary citizen I would like to suggest the following: * Mr. Akbar Tandjung should resign as DPR's speaker. One of the reasons is he is part of the New Order regime, which in the past has had a very significant role.

Chandra Asri deal not final: Prijadi JAKARTA (Reuters): Indonesian Finance Minister Prijadi Praptosuhardjo said on Monday a debt deal for petrochemical giant PT Chandra Asri was still subject to change even though it has been approved by the powerful state financial sector policy committee (KKSK).

Borobudur replica in Viennese museum SEMARANG, Central Java: Central Java Governor Mardiyanto is to officially present a replica of Borobudur temple to a museum of tourism in the capital of Austria, Vienna, during his visit to the city on June 3 the chairman of Central Java's trade chamber, Soendoro, said on Monday.

Gus Dur is clean, says AGO JAKARTA (JP): The Attorney General's Office announced late on Monday that President Abdurrahman Wahid was not involved in two financial scandals, which have led him to be threatened with impeachment. The office's spokesman, Muljohardjo, said that investigators had received clarification from the Sultan of Brunei that he had donated US$2 million not as a grant to the state, but as a personal charitable donation from him to the President.