Indonesian Political, Business & Finance News

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On This Day - January 5, 2001

South Korea's Daewoo Motor union opposes foreign sale

South Korea's Daewoo Motor union opposes foreign sale SEOUL (Reuters): The labor union of South Korea's bankrupt Daewoo Motor said on Thursday it opposed a plan to sell the troubled automaker to a foreign company.

Malaysia may face racial polarization, says DAP leader

Malaysia may face racial polarization, says DAP leader KUALA LUMPUR (AP): Warning that fresh attempts to unite ethnic Malays could alienate Malaysia's minority races, ethnic Chinese opposition leaders slammed Prime Minister Mahathir Mohamad's party on Thursday for excluding them from proposed talks...

Three major rubber producers plan rubber support scheme

Three major rubber producers plan rubber support scheme JAKARTA (JP): The world's largest rubber producers, Thailand, Indonesia and Malaysia, are set to agree on a rubber support scheme when they gather for a ministerial meeting this month, a senior government official said on Thursday.

Rupiah Rates Jan.4

Rupiah Rates Jan.4 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 9,015.00 10,015.00 9,467.00 9,563.00Australian dollar 1 5,012.34 5,573.35 5,263.65 5,321.81Austrian schilling 1 609.09 677.02 639.63 646.46Belgian franc 1 207.77 230.94 218.18 220.

Miners make their own music in the Kalimantan jungle

Miners make their own music in the Kalimantan jungleBy Mikael Onny Setiawan SANGATTA, East Kalimantan (JP): Dressed in casual clothes, a trio of young women sang a song by Irish group The Corrs, accompanied by a man playing the violin.

Justices examine appeals' dossiers

Justices examine appeals' dossiers JAKARTA (JP): The Supreme Court will give priority to appeals sought by lawyers of former president Soeharto, his fugitive son Hutomo "Tommy" Mandala Putra and former East Timor militia leader Eurico Guterres.

Jakarta to fully implement regional autonomy in 2002

Jakarta to fully implement regional autonomy in 2002 JAKARTA (JP): Despite the inception of regional autonomy on Jan. 1, the agenda will practically take effect in the capital only next year at the earliest, an official said on Thursday.Head of City Subdistricts Administration Office Koesnan A.

Tension remains high in warring Lombok villages

Tension remains high in warring Lombok villages JAKARTA (JP): Security forces were still tightly guarding the warring villages of Bongor and Parampuan in the resort island of Lombok, West Nusa Tenggara (NTB) on Thursday, following two days of brawls which killed at least nine people and injured...

What should we do about Tommy?

What should we do about Tommy?From Rakyat MerdekaAs predicted earlier, the police have failed to arrest Tommy. Reading Rakyat Merdeka's report that the former president's son has been safe and sound in Solo (Central Java) -- despite being wanted by the police -- I began to feel annoyed.

RI regains ICCA membership

RI regains ICCA membership JAKARTA (JP): Indonesia has regained its membership in the International Congress and Convention Association (ICCA) after paying 4,212 euros (Rp 37.9 million) in levy arrears, Antara reported on Thursday.

ExxonMobile monitors situation after threat

ExxonMobile monitors situation after threat JAKARTA (JP): Responding to statements by separatist rebels in Aceh that ExxonMobile Oil Indonesia should shut down its operations in the province for its own safety, the company said on Thursday it was "closely monitoring the situation".

Leaders with moral values needed to guide the nation

Leaders with moral values needed to guide the nation One of the most frequently cited reasons for Indonesia's continued inability to overcome its numerous crises is that its leaders are busy snapping at each other.

Electronics slowdown may affect S'pore

Electronics slowdown may affect S'pore SINGAPORE (DPA): A global electronics slowdown could cut 2.3 percentage points off Singapore's GDP growth this year, with negative spillover effects on finance and business services, a study said on Thursday.

Malaysia's top horse trainer alleges rampant doping by gang

Malaysia's top horse trainer alleges rampant doping by gang KUALA LUMPUR (Agencies): Malaysian horse racing was hit by allegations of doping by an organized gang on Thursday after four horses failed blood tests and were barred from competing in the northern state of Penang.

RP economy slips back into a coma

RP economy slips back into a coma MANILA (DPA): The Philippines has once again become the "sick man of Asia" with the economy slipping back into a coma amid the country's worst political crisis in years.

Fed's rate cut will not halt Asian slowdown

Fed's rate cut will not halt Asian slowdown SINGAPORE (AFP): The snap decision by the U.S. Federal Reserve Board to cut key interest rates will not be enough to spare Asia from being caught in a U.S.-led global economic slowdown, analysts warned on Thursday.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Photo: A Letter from the Ocean by Mosista Pambudi at Galeri Foto Jurnalistik Antara, Jl. Antara No. 59 Pasar Baru, Central Jakarta (Phone: 3458771), until Jan. 24. * Painting Flying Horizon by Teguh Ostenrik, Erasmus Huis, Jl. H.R.

Ocampo's new bombs in Manila full of ironies

Ocampo's new bombs in Manila full of ironiesBy Neal H. Cruz MANILA: Bombs are still exploding in Metro Manila. And the bomber has been identified. She is a pretty bank official, and her name is Clarissa Ocampo.

Banten needs to educate itself

Banten needs to educate itselfBy Ridwan M. Sijabat RANGKASBITUNG, Banten (JP): A daunting problem which must be immediately faced by the newly established province of Banten is developing the education sector.Without it many realize that the province can never achieve its full potential.

Taiwan opposition lawmakers begin historic China visit

Taiwan opposition lawmakers begin historic China visit BEIJING (Reuters): Lawmakers from two Taiwan opposition parties arrived in China on Thursday for unofficial talks on expanding transport links between the island and the Communist- run mainland.

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1994-2017
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