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On This Day - December 22, 2000
Fri, 22 Dec 2000
Focus shifts on Estrada's aide
Focus shifts on Estrada's aide MANILA (AFP): Philippine President Joseph Estrada's alleged custodian for illegal gambling bribes deposited shopping bags filled with millions of pesos at several banks, according to bank officials who testified on Thursday at the leader's corruption trial.
Fri, 22 Dec 2000
KL palm oil down on short covering interest
KL palm oil down on short covering interest KUALA LUMPUR (Reuters): Malaysian palm oil futures closed off their lows on Thursday on short covering interest, helped by private forecaster Ivan Wong's projection of lower stocks at the end of December, traders said.
Fri, 22 Dec 2000
India's anti-dumping move
India's anti-dumping move NEW DELHI (AFX-ASIA): The government has imposed an anti- dumping duty of US$44.27 per metric ton on phthalic anhydride imports from Indonesia with effect retroactively from May 23, 2000, the Ministry of Finance said.It said the duty will be in force for five years.
Fri, 22 Dec 2000
The thorns in the sides of the oil and mining industries
The thorns in the sides of the oil and mining industriesBy Johannes Simbolon JAKARTA (JP): The country's oil and mining industries was in deeper trouble this year as local communities, supported by non- governmental organizations, continued their attack on the industries amid the lingering reform...
Fri, 22 Dec 2000
Jakarta hotels wait and see for tourists to make a return
Jakarta hotels wait and see for tourists to make a returnBy Mehru Jaffer JAKARTA (JP): Dutchman Edward Douwes Dekker first described the islands of the Indonesian archipelago as a string of emeralds on the equator.
Fri, 22 Dec 2000
Ailing banking industry off the critical list
Ailing banking industry off the critical listBy Reiner S. JAKARTA (JP): The financial condition of domestic banks has improved after the government completed its costly bank recapitalization program, but experts warn that the industry is not out of the woods yet as their internal condition is still...
Fri, 22 Dec 2000
Should Indonesia consider new ties with Australia?
Should Indonesia consider new ties with Australia?By Siswo Pramono CANBERRA (JP): The recently released Australian defense white paper calls for new defense ties with Indonesia. Indonesia- Australia relations have crashed since East Timor crisis.
Fri, 22 Dec 2000
RP economy may slow down
RP economy may slow down MANILA (AFP): Philippine economic growth is expected to slow down in 2001, the economic planning secretary said on Thursday, although the quick resolution of President Joseph Estrada's corruption trial may help pull up growth figures.
Fri, 22 Dec 2000
West Java falls short in tourism designs
West Java falls short in tourism designsBy Yuli Tri Suwarni BANDUNG (JP): With implementation of regional autonomy looming in 2001, West Java tourist businesses are still experiencing problems concerning their tourist attractions and infrastructure.
Fri, 22 Dec 2000
An airline with a fleet of one... Why not?
An airline with a fleet of one... Why not? JAKARTA (JP): The country's skies are becoming crowded like at no other time in recent years. New commercial airlines are considered a lucrative enterprise, with investors rushing in, even if they have only one aircraft.
Fri, 22 Dec 2000
Economy still troubled despite sign of recovery
Economy still troubled despite sign of recoveryBy Reiner S. JAKARTA (JP): The economy is still facing several critical challenges in 2001 despite continuing signs of the economic recovery process.Economists said that one of the most important challenges is the restructuring of the country's huge...
Fri, 22 Dec 2000
Taiwan releases SIA pilots: Airline
Taiwan releases SIA pilots: Airline SINGAPORE (AFP): Taiwan has freed the three Singapore Airlines (SIA) pilots detained more than seven weeks since the crash of an SIA plane that left 83 people dead in Taipei, an airline spokesman said on Thursday.
Fri, 22 Dec 2000
Sex aids seized at Soekarno-Hatta
Sex aids seized at Soekarno-Hatta TANGERANG (JP): Customs and Excise officers at Soekarno-Hatta International Airport have foiled several attempts to smuggle sexual aids and pornographic VCDs into the country over the past six months, an official said on Thursday.
Fri, 22 Dec 2000
Most banks put their faith in risk-free promisory notes
Most banks put their faith in risk-free promisory notes JAKARTA (JP): The fact that most of banks still prefer to invest their money in the relatively risk-free SBI notes rather than lend money to the real sector could also add to the economic uncertainty.
Fri, 22 Dec 2000
65 soldiers sacked this year
65 soldiers sacked this year MAKASSAR, South Sulawesi: As many as 65 soldiers under the auspice of the Wirabuana Military Command have been sacked for various reasons this year.Quoting records made from January to November, chief of legal section Capt.
Fri, 22 Dec 2000
Ringing in the era of competition in telecommunications
Ringing in the era of competition in telecommunicationsBy I. Christianto JAKARTA (JP): The implementation of Telecommunications Law No. 36/1999 in September this year ended the era of monopoly of the country's telecommunications sector.
Fri, 22 Dec 2000
C. Java targeting three cyclist for SEA Games
C. Java targeting three cyclist for SEA Games SEMARANG (JP): The Indonesian Cycling Association (ISSI) Central Java chapter is targeting three of its seven cyclists to join the country's 2001 Kuala Lumpur Southeast Asian (SEA) Games squad.
Fri, 22 Dec 2000
Don't bring relatives: Sutiyoso
Don't bring relatives: Sutiyoso JAKARTA (JP): Governor Sutiyoso urged all Jakartans spending the week-long festive holidays at home not to bring relatives or friends back with them to the capital.The arrival of new migrants here will only be a burden to the city, he said during a visit to several...
Fri, 22 Dec 2000
'We must free ourselves from the shackles of pessimism
'We must free ourselves from the shackles of pessimism The Indonesian capital market, one of business sectors hardest hit by the economic crisis, is showing signs of recovery. Below are excerpts taken from an interview with the president of the Jakarta Stock Exchange (JSX) Mas Achmad Daniri on...
Fri, 22 Dec 2000
Banten to have governor soon
Banten to have governor soon TANGERANG (JP): Acting Banten governor Hakamuddin Djamal said on Thursday that he was trying to complete his task in less than six months set by the central government, so as to allow a gubernatorial election to be held ahead of schedule.
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