Indonesian Political, Business & Finance News

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On This Day - November 21, 2000

Joint advertisements

Joint advertisementsFrom Media IndonesiaAllow us to inform readers that the Indonesian Bank Restructuring Agency (IBRA) has never appointed any institution to act as an IBRA executive team of joint advertisements for whatever reason.

House near to approving Bangka-Belitung province

House near to approving Bangka-Belitung province JAKARTA (JP): The Bangka-Belitung islands are edging closer to winning approval to become a province after Minister of Home Affairs and Regional Autonomy Surjadi Sudirdja and a special House of Representatives committee inked a note to forward a bill...

KL futures exchanges to merge

KL futures exchanges to merge KUALA LUMPUR (Reuters): Malaysia's two remaining futures exchanges will sign a deal to merge by the end of this year, the head of the Kuala Lumpur Options and Financial Futures Exchange (KLOFFE) said on Monday.

RI and Japan's relations toward the 21st century

RI and Japan's relations toward the 21st century Question: First, what is your impression of the past year in Indonesia?Indonesia is now in a period of profound transformation towards democratization. Lots of significant events are taking place.

UNDP helps resettlement projects in torn Maluku

UNDP helps resettlement projects in torn Maluku JAKARTA (JP): The Ministry of Settlement and Regional Infrastructure in cooperation with the government of Netherlands launched on Monday a US$2 million peace-building project on Kai islands in riot-torn Maluku.

SE Asia still struggling as ASEAN summit nears

SE Asia still struggling as ASEAN summit nears SINGAPORE (AP): In Indonesia, separatist violence, pervasive corruption and massive corporate debt are derailing hopes for a full recovery from the worst economic crisis in three decades.

Defendant in exam leak gets 10 months

Defendant in exam leak gets 10 months JAKARTA (JP): Defendant Dwi Santoso, 25, was calm on Monday when the judge sentenced him to a mere 10-month jail term, after declaring him guilty of stealing master copies of the national high school final examinations (Ebtanas) last March.

Council likely to demand nightspots close one month

Council likely to demand nightspots close one month JAKARTA (JP): City councillors are likely to recommend the closing of several entertainment centers and nightspots in the capital during the upcoming Muslim fasting month of Ramadhan, a source at the council said on Monday.

Monthly minimum wage to rise by 30 percent in eight provinces

Monthly minimum wage to rise by 30 percent in eight provinces JAKARTA (JP): The official monthly minimum wage levels in eight provinces will rise by an average of about 30 percent as of Jan. 1, 2001.Syaufi'i Syamsuddin, director general for industrial relations and labor standards at the manpower...

TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Children's Program 8:30 Music 9:00 Interval 12:00 p.m. Interval 2:00 News 2:30 Children's Program 3:00 Music 4:00 News 4:30 Talk Show 5:30 TVRI News 6:00 Sports 6:30 Music 7:00 Evening News 7:30 TV Drama 8:00 Talk Show 9:00 News 9:30 TV...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 20, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 2,525 25 1,750,500 Adindo Foresta Indonesia 105 0 75,000 Alakasa Industrindo 350 0 0 Alfa Retailindo...

PBSI delays closure of training center

PBSI delays closure of training center JAKARTA (JP): Due to calls from the national shuttlers, the Badminton Association of Indonesia (PBSI) agreed on Monday to delay the closure of the national centralized training center.

Consistent at being inconsistent

Consistent at being inconsistent President Abdurrahman Wahid said recently that it was premature to evaluate his government's performance after a period of only 12 months. That statement is clear proof of how consistent he is at being inconsistent.

Ministers told to delay overseas trips

Ministers told to delay overseas trips JAKARTA (JP): Vice President Megawati Soekarnoputri has forbidden all Cabinet ministers from making overseas trips in December.Minister of Foreign Affairs Alwi Shihab said on Monday after a Cabinet meeting at Bina Graha presidential office, presided over by...

New Taiwan dollar, won hammered, rupiah slips

New Taiwan dollar, won hammered, rupiah slips SINGAPORE (Dow Jones): The New Taiwan dollar and South Korean won were hammered Monday by falling stock prices, softness in the yen and a slew of other negative news.

Summitplast plans new factory

Summitplast plans new factory JAKARTA (JP): PT Summitplast Interbenua, a plastic component producer, will build its third factory in its industrial compound in the Lippo Cikarang industrial estate next year.The company said on Monday that it would spend about Rp 50 billion (about US$5.

Residents protest to laundry firm

Residents protest to laundry firm BOGOR (JP): Residents of Kedung Halang subdistrict north of here are complaining about their polluted wells, which they suspect to have been caused by PT Laundry Nusantara Jaya laundry service company.

Rupiah Rates Nov. 20

Rupiah Rates Nov. 20 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,946.00 9,946.00 9,399.00 9,493.00Australian dollar 1 4,638.50 5,161.97 4,873.38 4,926.87Austrian schilling 1 551.57 613.73 579.50 585.78Belgian franc 1 188.15 209.35 197.67 199.

Nokia to switch S'pore M1 mobile network to GSM

Nokia to switch S'pore M1 mobile network to GSM LONDON (AFX): Nokia said it has landed a contract -- worth up to US$290 million over 5 years -- to replace Singapore mobile operator Mobile One (Asia) Pte's existing CDMAOne network with a GSM one, and then build a third generation mobile network on...

Vietnam poses a new threat in pencak silat

Vietnam poses a new threat in pencak silat JAKARTA (JP): Vietnam has emerged as a threat to neighboring countries at the Southeast Asian (SEA) Games including the event's powerhouses Indonesia and Thailand specially in Indonesia's traditional martial art pencak silat.

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