Indonesian Political, Business & Finance News

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On This Day - December 23, 2000

Forests 'endangered' by regional autonomy

Forests 'endangered' by regional autonomy JAKARTA (JP): Indonesia's forestry resources could be endangered, with all its dire consequences, when regional administrations gain more power from the central government starting next year, Minister of Forestry Nurmahmudi Ismail warns.

Kamra members get severance pay

Kamra members get severance pay YOGYAKARTA (JP): Some 300 members of the People's Security (Kamra) of the Sleman regency enjoyed Rp 1 million each in severance pay on Friday, thanks to governor Sultan Hamengkubuwono X's prompt help.

Malaysia to deport 110,000 illegal migrant workers

Malaysia to deport 110,000 illegal migrant workers JAKARTA (JP): Malaysian authorities will gradually deport a total of 110,000 Indonesian workers illegally working in the country in the coming months.Vivi Aryanti Pancaweda, director of labor protection at the Ministry of Manpower and...

Lippobank helps flood victims

Lippobank helps flood victims JAKARTA (JP): Lippobank will hold community outreach programs throughout Indonesia starting from Dec. 21 to Dec. 23 to celebrate Christmas, Idul Fitri and New Year.The bank said the programs would be held in several provinces, especially in areas recently hit by floods...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 22, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 2,300 -50 204,500 Adindo Foresta Indonesia 105 0 0 Alakasa Industrindo 425 0 0 Alfa Retailindo 975 -25...

E. Java commander warns of unrest

E. Java commander warns of unrest SURABAYA: Brawijaya Military Commander Maj. Gen. Sudi Silalahi on Friday claimed that there were several groups, who were mobilizing the poor to create unrest on Christmas eve.

Jihad Force declares 'war'

Jihad Force declares 'war' SURAKARTA, Central Java (JP): The commander of a Jihad Force Ja'far Umar Tholib, declared on Friday that Surakarta was a battleground for his group to fight hoodlums.Speaking in front of some 2,000 people at the Surakarta Islamic Hall on Friday, Ja'far stated that the...

Man mobbed over suspicion

Man mobbed over suspicion JAKARTA (JP): A resident of Kemanggis in the Palmerah subdistrict, West Jakarta, with the help of 20 accomplices, mobbed a neighbor to death as they thought he had tried to deceive them on Thursday night, a police officer said on Friday.

BI to improve ruling on rupiah transaction

BI to improve ruling on rupiah transaction JAKARTA (JP): Bank Indonesia would improve the ruling on rupiah transactions by non-residents in a bid to help stabilize the ailing local unit, Bank Indonesia deputy governor Miranda Goeltom said in a press statement on Friday.

Pelita to hire foreign players

Pelita to hire foreign players SEMARANG (JP): Pelita soccer club in Surakarta, Central Java, will hire four players from Senegal, Mali and Uzbekistan to face the 2001 Bank Mandiri Soccer League."The foreign players are midfielder Djabate Seran of Mali and strikers Libasse Layeser (Senegal) and...

Muslim groups rally for Al-Quds

Muslim groups rally for Al-Quds JAKARTA (JP): At least 200 people from various Muslim groups staged an anti-America and anti-Israel protest in the capital on Friday, to show support for Palestinians in their struggle for outright independence.

Asian currencies mixed in late trade, rupiah retreats

Asian currencies mixed in late trade, rupiah retreats SINGAPORE (Dow Jones): Asian currencies turned in a mixed performance Friday, splitting generally along a north-south divide.To the north, the South Korean won and New Taiwan dollar had another rough session, both falling to close to two-year...

House 'to focus on' legislative function

House 'to focus on' legislative function JAKARTA (JP): House Speaker Akbar Tandjung pledged that the House of Representatives in 2001 would focus on its legislative function to deliberate on about 80 bills already submitted by the government and review numerous out-of-date laws.

Workers strike forces Shangri-La to move guests

Workers strike forces Shangri-La to move guests JAKARTA (JP): The management of the five-star Shangri-La Hotel had to evacuate their room guests to another hotel and temporarily close most of its facilities, including its bar and restaurants, following an all out strike by its workers on Friday.

Chief justice row takes new turn

Chief justice row takes new turn JAKARTA (JP): President Abdurrahman Wahid again dropped a bombshell here on Friday saying that "it all depends" on Vice President Megawati Soekarnoputri now to pick and choose other candidates for the Supreme Court chief justice.

Immigration revokes Tommy's passport

Immigration revokes Tommy's passport JAKARTA (JP): The Directorate-general of Immigration revoked on Friday the passport belonging to Hutomo "Tommy" Mandala Putra, the youngest son of former president Soeharto, nearly two months after the fugitive went missing on Nov. 3, 2000.

New order regime still strong, stifling reform movement

New order regime still strong, stifling reform movement JAKARTA (JP): Although Soeharto has been dethroned, his New Order legacy through its political machine, the Golkar Party, remains strong and is stifling the reform movement, observers said on Friday.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Photo Exhibition: 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.

Toto to boost production

Toto to boost production TOKYO (AFX-ASIA): Toto Ltd plans to boost annual capacity for making toilets at its Indonesian unit by 30 percent to 2.2 million units, the Nihon Keizai Shimbun reported, citing company sources.The firm will invest 1.

Bank BNI hopes to record modest profit in 2001

Bank BNI hopes to record modest profit in 2001 JAKARTA (JP): After returning to the black this year, state- owned Bank BNI hopes to book a Rp 1.4 trillion ($147 million) profit in 2001, largely by cutting back on the huge reserves fund it had built to cover non-performing loans (NPLs).

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999
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1994-2017
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