Indonesian Political, Business & Finance News

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On This Day - October 7, 2000

Government to proceed with Soeharto graft charges

Government to proceed with Soeharto graft charges JAKARTA (JP): Seemingly irked by the recent court ruling dismissing corruption charges against former president Soeharto, President Abdurrahman Wahid pledged on Friday that his administration would continue to pursue corruption charges against the...

NTT leaders warn against rash remarks on Eurico

NTT leaders warn against rash remarks on Eurico JAKARTA (JP): Local religious and community leaders in East Nusa Tenggara, particularly those living close to the border with East Timor, called on authorities in Jakarta to be more circumspect in their remarks and actions concerning militia leader...

Political interests hamper traumatized children's recovery

Political interests hamper traumatized children's recovery Thousands of children traumatized in armed conflicts are now facing hardship in various refugee camps. The social cost that Indonesia will have to pay by neglecting the situation today would be enormous according to psychologist Shinto B.

Two people killed in Wamena riots

Two people killed in Wamena riots JAKARTA (JP): Two people died in a riot that erupted following the forcible removal of the Kejora (morning star) flag by police and soldiers in Wamena, Jayawijaya regency, Irian Jaya, on Friday morning.

Sutiyoso named in 'graft case'

Sutiyoso named in 'graft case' JAKARTA (JP): A witness in a Rp 857 million (US$98,500) graft case, which allegedly involved former top officials of the city- owned Bank DKI said on Thursday that the bank's monitoring team, which is chaired by Governor Sutiyoso, had sanctioned Rp 100 million in cash...

Multimedia show aims to redeem Sundanese dance

Multimedia show aims to redeem Sundanese danceBy Charlie Stevens JAKARTA (JP): The female dancers, sinden, dress meticulously and paint their faces. They breath in the incense smoke and recite chants to increase an allure which has already been enhanced by susuk, the magical art of placing...

Indonesia 'should keep' warrants in IBRA-held firms

Indonesia 'should keep' warrants in IBRA-held firms JAKARTA (JP): Senior Harvard University economist Richard Cooper suggested on Friday that the Indonesian government retain warrants in many of the companies currently in the possession of the Indonesian Bank Restructuring Agency (IBRA).

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Oct. 5, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,305.00 9,305.00 8,761.00 8,849.00Australian dollar 1 4,408.29 4,943.75 4,650.34 4,701.47Austrian schilling 1 524.30 587.70 553.09 558.

Beware of illegal foreign traditional medicines: Government

Beware of illegal foreign traditional medicines: Government JAKARTA (JP): The unauthorized distribution of traditional Chinese and Korean medicines in the capital has reached an alarming level, officials and observers said on Friday.

Sepang improves safety

Sepang improves safety KUALA LUMPUR (Reuters): Safety improvements are under way at the Sepang circuit ahead of the season-ending Malaysian Grand Prix on Oct. 22.A protective transparent shield will be added to the top of the 600 meters pit wall, track officials said on Friday.

ADB okays $250m Indian loan

ADB okays $250m Indian loan MANILA (Dow Jones): The Asian Development Bank said Friday it has approved a US$250 million loan for a national power grid in India for interstate electricity transmission.The ADB also extended a partial credit guarantee to Power Grid of India Ltd.

SE Asian ministers back EU call for WTO round

SE Asian ministers back EU call for WTO round BANGKOK (Agencies): Southeast Asian economic ministers on Friday threw their weight behind the European Union's call for a new round at the World Trade Organization (WTO) with more emphasis on the problems faced by the developing world.

Widodo to stay but Tyasno may be replaced: Mahfud

Widodo to stay but Tyasno may be replaced: Mahfud JAKARTA (JP): Speculation of the imminent replacement of Indonesian Military (TNI) Chief Adm. Widodo A.S. was put to an end on Friday, with defense minister Mahfud M.D.

Government told to deny Israel's entry to IPU conference

Government told to deny Israel's entry to IPU conference JAKARTA (JP): Hundreds of Muslim students took to streets in the country's two biggest cities on Friday in a show of solidarity to the Palestinian people, whom they said "are being slaughtered" by Israel.

KL palm oil down on week demand

KL palm oil down on week demand KUALA LUMPUR (Reuters): Malaysian palm oil futures closed lower on Friday, extending their downtrend after private forecaster Ivan Wong issued data showing a further build-up in stocks.

Myanmar's raid on opposition affects ASEAN-EU talks

Myanmar's raid on opposition affects ASEAN-EU talks CHIANG MAI, Thailand (Agencies): The renewed crackdown by Myanmar's military junta on pro-democracy leader Aung San Suu Kyi has endangered breakthrough EU-Southeast Asian talks set for December, ASEAN officials admitted on Friday.

Fashion steams ahead

Fashion steams ahead The fashion industry is certainly looking strong these days when one looks at the variety of shows in different venues around Jakarta. It seems to be one of the only areas of development (that I can see) that bears much significance in complimenting the beginning of the...

Challenge of sustaining recovery

Challenge of sustaining recoveryBy Anoop Singh JAKARTA (JP): With a much more stable macroeconomic environment, the successful completion of historic elections, strong international support for Indonesia's economic reforms and an ongoing recovery, market confidence should be on the rise.

Indonesia leads Taipei 2-0 in Davis Cup tie

Indonesia leads Taipei 2-0 in Davis Cup tie JAKARTA (JP): Indonesia leads Chinese Taipei 2-0 after the first day of a three-day Davis Cup tie for the Group II zone Asia Oceania final round at the Kemayoran Tennis Center on Friday.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 6, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 2,435 535 2,069,000 Adindo Foresta Indonesia 140 -10 100,500 Alakasa Industrindo 430 0 7,500 Alfa...

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246,918
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999
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1994-2017
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