Indonesian Political, Business & Finance News

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On This Day - August 18, 2000

BCA to hike wages after workers protest

BCA to hike wages after workers protest JAKARTA (JP): Some 1,000 Bank Central Asia (BCA) employees rallied on Wednesday in front of the company's headquarters on Jl. Sudirman, South Jakarta, demanding more pay.The protesters, mostly wearing a red ribbon on their arm, arrived at 10 a.m.

Portal for paper and pulp

Portal for paper and pulp SINGAPORE (Dow Jones): Alliance Technology & Development Ltd. on Thursday said ATD.com Pte Ltd., a unit, has formed a joint venture company with Indonesia's The-eWorld.com Ltd. to operate an online portal for the pulp and paper industry, www.epulppaper.com

Observers stress need for professional Cabinet

Observers stress need for professional Cabinet JAKARTA (JP): Observers have emphasized the need to recruit professionals, instead of people linked to political parties, for the new Cabinet.Economist Sri Adiningsih from the Yogyakarta-based Gadjah Mada University said the government was facing more...

Two train passengers murdered in two days

Two train passengers murdered in two days BANDUNG (JP): Two passengers died in two different economy- class trains on Monday and Tuesday, forcing railway company PT Kereta Api Indonesia (KAI) to engage in further efforts to improve security on board its trains.

KONI expels Supeni from Olympic weightlifting squad

KONI expels Supeni from Olympic weightlifting squad JAKARTA (JP): The National Sports Council (KONI) finally expelled women's weightlifter Supeni from its Olympic Games squad but she will still be groomed for the 2001 Southeast Asian Games in Kuala Lumpur and 2002 Asian Games in Pusan, South Korea.

Legislator practices politics for people

Legislator practices politics for people JAKARTA (JP): Efforts to brush aside the long-standing image of the House of Representatives as a mere rubber-stamper of the government should not simplify the role played by a young politician from Golkar Party, Ade Komarudin.

Conversion Rates

Conversion RatesBank Indonesia's conversion rates on Aug. 16, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,822.00 8,822.00 8,280.00 8,364.00Australian dollar 1 4,586.04 5,176.75 4,854.56 4,908.00Austrian schilling 1 518.31 584.89 548.66 554.

Archipelago food promo at the Peninsula

Archipelago food promo at the PeninsulaBy Grace Segran JAKARTA (JP): From Aug. 14 until the end of the month, the Menara Peninsula will be running a food promotion featuring cuisines from around the Indonesian archipelago at its Kafe Coleman.

Sandvik's deal with Freeport

Sandvik's deal with Freeport STOCKHOLM (Dow Jones): Engineering group Sandvik AB has received two orders worth a combined SEK120 million for machinery, tools and other equipment for mining and construction work in Australia and Indonesia.

Bank Patriot's assets up

Bank Patriot's assets up JAKARTA (JP): Bank Patriot, a private banks included in the government-sponsored recapitalization program, reported an improved performance during the first half of this year.The Indonesian Bank Restructuring Agency (IBRA) said here on Wednesday the bank's total assets rose...

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition Bukan Pelukis by Sitok Srengenge, Butet Kartaredjasa, Djaduk Ferianto, and Agus Noor, at Galeri Milenium, Golden Plaza complex, Blok B-23, Jl. R.S. Fatmawati No. 15, South Jakarta (Phone: 7507828), 10 a.m. to 8 p.m., until Aug. 30.

Ginandjar to be summoned for further clarification: Marzuki

Ginandjar to be summoned for further clarification: Marzuki JAKARTA (JP): Attorney General Marzuki Darusman said on Wednesday that his office would soon summon former coordinating minister for the economy, finance and industry Ginandjar Kartasasmita to clarify his previous statement before...

China, Korea dumping steel

China, Korea dumping steel WASHINGTON (Reuters): The U.S. International Trade Commission has ruled that China, South Korea and other countries appear to be dumping steel used to reinforce concrete on the United States, but cleared Japan and Russia of the same charges.In a report sent to the U.S.

Qaddafi acts to free RP hostages

Qaddafi acts to free RP hostagesBy Rudolph Chimelli PARIS (DPA): If Libyan revolutionary leader Muammar Qaddafi manages to secure the release of the hostages being held in the Philippines, then he will have taken an enormous step towards casting off his persona non grata label and his...

'Syariah' bid based on false assumption

'Syariah' bid based on false assumption The People's Consultative Assembly (MPR) has decided to postpone for a year deliberations on the possible inclusion of syariah (Islamic law) in the Constitution. The rector of the Syarif Hidayatullah State Institute for Islamic Studies (IAIN), Azyumardi Azra,...

Negotiators behind peaceful rallies

Negotiators behind peaceful rallies JAKARTA (JP): Smarting from the past, when demonstrations were prone to clashes between protesters and security personnel, police have found a recipe for dealing with street rallies, regardless of their size, during the Annual Session of the People's Consultative...

Two taxi rapists sentenced to 14 years and 13 years

Two taxi rapists sentenced to 14 years and 13 years JAKARTA (JP): Rusdi bin Busri, 25, and Arkomi, alias Komeng, 30, stared at the floor when judges respectively handed down a 14-year jail term and a 13-year jail term for a vicious robbery and rape of a 23-year-old woman in a taxi last January.

Household workers

Household workers It is a cause for hope when a leading national newspaper devotes its editorial space to the needs of the disenfranchised. The Jakarta Post's Aug. 12 editorial spoke out on behalf of Indonesia's lowest level of female household workers, our pembantus.

KPC waiting for govt action before making final decision

KPC waiting for govt action before making final decision JAKARTA (JP): PT Kaltim Prima Coal (KPC) is waiting for the government to end a blockade of its mine in Sanggata regency, East Kalimantan, before issuing a final decision on whether it will maintain its operation or pull out of the province.

Announcement of new Cabinet delayed

Announcement of new Cabinet delayed JAKARTA (JP): President Abdurrahman Wahid has decided to delay announcing his new Cabinet until Aug. 24 at the earliest, as he needs to further consult with Vice President Megawati Soekarnoputri and other political leaders, Cabinet Secretary Marsilam Simanjuntak...

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