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On This Day - February 14, 2001
Wed, 14 Feb 2001
Govt struggles to provide aid for natural disaster victims
Govt struggles to provide aid for natural disaster victims JAKARTA (JP): The Ministry of Health and Social Welfare admitted that it is overwhelmed and struggling to provide sustained assistance to more than 1.2 million survivors of natural disasters that have occurred since April 2000.
Wed, 14 Feb 2001
Action urged on piracy
Action urged on piracy SINGAPORE (AP): Piracy is a menace in Southeast Asia and countries in the region must cooperate more to prevent attacks, Singapore's foreign minister said on Tuesday.Pirates are becoming more sophisticated, hijacking whole ships for their cargo, S.
Wed, 14 Feb 2001
House grills IBRA over Guthrie deal
House grills IBRA over Guthrie deal JAKARTA (JP): The House of Representatives commission IX on state budget and finance questioned the Indonesian Bank Restructuring Agency (IBRA) on Tuesday regarding its recent US$350 million deal with Malaysia's Kumpulan Guthrie Bhd.
Wed, 14 Feb 2001
Stock quotations on JSX
Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 13, 2001: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,850 50 423,000 Adindo Foresta Indonesia 125 0 205,000 Alakasa Industrindo 190 0 0 Alfa...
Wed, 14 Feb 2001
A way of healing people in E. Timor
A way of healing people in E. Timor DILI, East Timor (JP): How do you cheer up whole villages hit twice by armed gangs killing and burning everything in sight?"With competitions -- sports, boat races, cooking, singing," says Father Yosef Daslan of the Liquica parish in East Timor's western region.
Wed, 14 Feb 2001
Excelcomindo's service
Excelcomindo's service I have found Excelcomindo's short message service (SMS) very beneficial. As mentioned in the ads, customers can send 10 free messages per day. Unfortunately they don't mention that the 10 free messages include failed ones.On Jan.
Wed, 14 Feb 2001
Official wants meat products exempt from VAT
Official wants meat products exempt from VAT JAKARTA (JP): The Ministry of Agriculture is currently lobbying the Ministry of Finance to scrap a new ruling which imposes a value added tax (VAT) on the meat and dairy industry in order to protect producers against cheaper imports.
Wed, 14 Feb 2001
Govt OKs probe into councillors
Govt OKs probe into councillors JAKARTA (JP): Minister of Home Affairs and Regional Autonomy Surjadi Soedirdja has sent a letter of approval required by the Jakarta Prosecutor's Office to question six city councillors in connection with the alleged misuse of funds belonging to PT Pembangunan Jaya...
Wed, 14 Feb 2001
First Pacific shares lower
First Pacific shares lower HONG KONG (AFX-ASIA): First Pacific Co Ltd shares were sharply lower on Tuesday on concerns over the continuing political instability in Indonesia, where the company has significant business, dealers said.At 11:58 am, First Pacific was down 0.125 at 2.
Wed, 14 Feb 2001
Indonesia mulls gas asset-backed security
Indonesia mulls gas asset-backed security HONG KONG (Dow Jones): Despite earlier skepticism, a plan for an Indonesian bond issue backed by sales of West Natuna natural gas to Singapore could be the answer to the country's search for cheaper offshore funding.
Wed, 14 Feb 2001
10 regions submit proposals demanding provincial status
10 regions submit proposals demanding provincial status JAKARTA (JP): Following the birth of three provinces last year, the government is now being overwhelmed by proposals submitted by 10 regions demanding provincial status.
Wed, 14 Feb 2001
Seamless Pipe best vendor
Seamless Pipe best vendor JAKARTA (JP): Pipe manufacturer PT Seamless Pipe Indonesia Java said on Tuesday it had been named the best vendor in 2000 by Spanish-Argentine oil firm Repsol YPF Maxus Southeast Sumatra.
Wed, 14 Feb 2001
Timber tycoon 'Bob' Hasan sent to jail
Timber tycoon 'Bob' Hasan sent to jail JAKARTA (JP): Timber tycoon Mohamad "Bob" Hasan was sent to Salemba Penitentiary in Central Jakarta on Tuesday following a Jakarta High Court decision to lift his house arrest.Prosecutor Arnold Angkaw said Hasan began serving his jail term at 11 a.m.
Wed, 14 Feb 2001
Akbar approves Cabinet reshuffle
Akbar approves Cabinet reshuffle JAKARTA (JP): House of Representatives Speaker Akbar Tandjung hinted on Tuesday that a Cabinet reshuffle may be an appropriate response to the House's memorandum of censure to the President.
Wed, 14 Feb 2001
Stock worries spark palm oil liquidation
Stock worries spark palm oil liquidation KUALA LUMPUR (Reuters): Malaysia's palm oil market saw further liquidation at the close on Tuesday due to persistent worries over high stocks, which some traders said could reach 1.5 million tons in February due to poor exports.
Wed, 14 Feb 2001
UN intervention in East Timor
UN intervention in East Timor I was surprised to read an article by former Australian Ambassador to the United Nations and Australian Ambassador to Indonesia, Mr. Richard Woolcott, published in this newspaper on Jan. 29, 2001.
Wed, 14 Feb 2001
House agrees to cancel luxury tax on Batam
House agrees to cancel luxury tax on Batam JAKARTA (JP): The House of Representatives special team for the state budget has approved the government's plan to postpone until the end of the year the imposition of luxury tax on Batam island.
Wed, 14 Feb 2001
Recap banks will suffer if interest rates rise: IBRA
Recap banks will suffer if interest rates rise: IBRA JAKARTA (JP): A number of recapitalized banks may suffer from liquidity problems once again if domestic interest rates rise above the current level, Chairman of the Indonesian Bank Restructuring Agency (IBRA) Edwin Gerungan warned on Tuesday.
Wed, 14 Feb 2001
Economic reform wobbles
Economic reform wobbles Many are worried that the economy will most likely become the first victim of the heightened political uncertainty and worsening relationship between beleaguered President Abdurrahman Wahid and the House of Representatives because the pace of reform measures will surely...
Wed, 14 Feb 2001
Mahfud clarifies allegation of Golkar's misuse of funds
Mahfud clarifies allegation of Golkar's misuse of funds JAKARTA (JP): Defense Minister Mahfud MD denied on Tuesday diverting the public's attention from two financial scandals involving President Abdurrahman Wahid through leaking accusations over the alleged misuse of State Logistics Agency (Bulog)...
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