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On This Day - October 18, 2000

KL palm oil resumes fall

KL palm oil resumes fall KUALA LUMPUR (Reuters): Malaysian palm oil futures resumed their downtrend on Tuesday after a brief respite as worries about growing stocks and intense export competition with Indonesia triggered fresh liquidation, traders said.

Tommy cannot seek review of verdict, says Yusril

Tommy cannot seek review of verdict, says Yusril JAKARTA (JP): Minister of Justice and Human Rights Yusril Ihza Mahendra said that former president Soeharto's son Hutomo "Tommy" Mandala Putra, who was sentenced to an 18-month jail sentence for corruption, could not seek a judicial review of the...

Premjee news unlikely to affect soymeal trade

Premjee news unlikely to affect soymeal trade SINGAPORE (Reuters): Leading soymeal traders for the Southeast Asian region said on Tuesday an interim judicial management faced by G. Premjee Ltd.'s Singapore unit would not affect Asia trade volumes but could make buyers extra cautious.

Lifters upbeat on winning in SEA Games

Lifters upbeat on winning in SEA Games JAKARTA (JP): Indonesia is optimistic to be the overall champion for weightlifting in the Kuala Lumpur 2001 South East Asian (SEA) Games, an official revealed on Tuesday.

Asia's currency plight not so bad compared to Aussie, NZ dollars

Asia's currency plight not so bad compared to Aussie, NZ dollars HONG KONG (Dow Jones): Political and economic problems have taken a heavy toll on Southeast Asia's currencies this year, and most continue to sag in relation to the U.S. unit.

Newly-promoted Dwidasa faces relegation in Kobatama c'ship

Newly-promoted Dwidasa faces relegation in Kobatama c'ship BANDUNG (JP): Newly promoted Dwidasa Mitra of Jakarta is facing relegation after it bowed out to home favorite Panasia Indosyntec 104-59 in the fourth leg of the 2000 Nuvo Kobatama national basketball league at the Padjadjaran Stadium...

Peso no Pied Piper for regional monies

Peso no Pied Piper for regional monies SINGAPORE (Reuters): With its deepening political crisis and floundering markets, the Philippines is putting up a tough fight for Indonesia's ranking as the least sought-after investor destination in Asia.

Pan Asiasat launches Rainbow Internet access

Pan Asiasat launches Rainbow Internet access JAKARTA (JP): The Hong Kong-based Pan Asiasat Media Ltd marked its debut in the Indonesian Internet industry on Tuesday with the launching of "Rainbow", a service that offers Internet users high-speed Internet access via satellite connection.

Active lesions prevent breast-feeding

Active lesions prevent breast-feedingQuestion:Dear Doctor,I read your recent article in The Jakarta Post and I'm very impressed with what you have written.I have a question to ask.I am seven months pregnant and a recent blood test revealed that I have an infection called herpes in my system.

Banker supports plan on bond swap

Banker supports plan on bond swap JAKARTA (JP): The government's plan to allow banks to swap part of their fixed-rate recapitalization bonds with new bonds carrying a higher coupon rate is an effective way of helping recapitalized banks that are still facing liquidity shortages, according to a...

Hooligans at Matahari Tunjungan Plaza

Hooligans at Matahari Tunjungan PlazaFrom Bisnis IndonesiaLast Thursday, after attending a course at the West Surabaya Telecoms office, my husband and I bought household articles and clothing at Matahari Department Store at Tunjungan Plaza, Surabaya between 5:30 p.m. and 8:30 a.m.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 17, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,960 -80 124,500 Adindo Foresta Indonesia 125 0 102,000 Alakasa Industrindo 430 0 0 Alfa...

Conversion Rates

Conversion RatesBank Indonesia's conversion rates on Oct. 17, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,383.00 9,383.00 8,839.00 8,927.00Australian dollar 1 4,374.25 4,900.74 4,612.19 4,662.57Austrian schilling 1 517.59 579.61 545.74 551.

Indonesia starts coffee retention this month

Indonesia starts coffee retention this month JAKARTA (JP): Indonesia has decided to join a coffee retention program initiated by the Association of Coffee Producing Countries (ACPC) and will start the program this month.

The House and the President

The House and the President A variety of reactions emerged as soon as President Abdurrahman Wahid announced his refusal to comply with the summons addressed to him by the House of Representatives' special committee investigating the Brunei and Bulog scandals.

Eurico asks court to release him

Eurico asks court to release him JAKARTA (JP): Lawyers for former East Timor prointegration leader Eurico Guterres insisted on Tuesday the National Police had no authority to arrest their client.One of the lawyers, Suhardi Somomoeljono, said during a hearing at the South Jakarta District Court only...

W. Papua: A self-fulfilling prophecy

W. Papua: A self-fulfilling prophecyBy Arian Ardie JAKARTA (JP): The tragic events that have occurred in Wamena, West Papua (Irian Jaya) over the past few weeks should have come as a surprise to no one. What is perhaps surprising is that they have not occurred sooner.

Rice speculators are traitors, says Musa Hubeis of IPB

Rice speculators are traitors, says Musa Hubeis of IPB Farmers are traditionally poor due to myriad reasons, including the government's neglect of agriculture. Musa Hubeis, a professor at the Bogor Institute of Agriculture, discussed with The Jakarta Post recently the need of a paradigm shift in...

Govt's commitment to sports questioned

Govt's commitment to sports questioned JAKARTA (JP): The government's decision to abolish the state ministry of youth affairs and sport in August showed its lack of commitment to develop sports in the country, the former incumbent of the ministry said.

Parents, son mobbed by ex-neighbors

Parents, son mobbed by ex-neighbors JAKARTA (JP): A man, his wife and son were beaten by some of their former neighbors in the Sawah Besar area, Central Jakarta, on Tuesday.Relatives and witnesses said the mob had been hunting for Wahyar, 53, wife Hani, 49, and son Deden, 27, as the residents...

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