Indonesian Political, Business & Finance News

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On This Day - February 6, 2001

10 participants for Winter Challenge

10 participants for Winter Challenge JAKARTA (JP): Ten people made their way through the local competition of the Winter Challenge Marlboro Adventure Team held at Mount Bromo, East Java, late last month, earning the right to take part in the real adventure in the United States.

Fumarole death blamed on poor signs

Fumarole death blamed on poor signs BANDUNG: The director of the Vulcanology office, A. Djumarma Wirakusumah, said that a villager named Sahmad, 40, who died recently from inhaling poisonous gas in the Dieng mountain range in Central Java was due to a "lack of danger zone signs put up by the local...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 5, 2001: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,950 -50 625,500 Adindo Foresta Indonesia 135 -5 305,000 Alakasa Industrindo 315 15 51,000 Alfa Retailindo...

20 bodies found from boat accident

20 bodies found from boat accident JAKARTA (JP): Rescue workers and locals have stepped up the search for the passengers of the PLM Oleo Putra II which sank off Jailolo in North Maluku, finding a total of 20 bodies on Monday, officials said.

Estrada takes battle for presidency to Supreme Court

Estrada takes battle for presidency to Supreme Court MANILA (Reuters): Deposed Philippine leader Joseph Estrada asked the Supreme Court on Monday to stop an investigation into his alleged criminal offenses, declaring he was still president and therefore had "absolute immunity" from lawsuits.

Vendors complain over hoodlums

Vendors complain over hoodlums JAKARTA (JP): Dozens of street vendors complained on Monday that the city administration had hired hoodlums armed with sickles to drive them away from an intersection in South Jakarta, where they had been operating their businesses.

Supreme Court rules in favor of Soeharto

Supreme Court rules in favor of Soeharto JAKARTA (JP): The Supreme Court has lifted ex-president Soeharto's city arrest status and ordered state prosecutors to provide medical treatment until the now ailing former despot is declared fit enough to stand trial on corruption charges.Justice M.

Plots to hasten MPR session abound

Plots to hasten MPR session abound JAKARTA (JP): Political plots to expedite a special session of the People's Consultative Assembly, which could open the way for the impeachment of President Abdurrahman Wahid, abounded on Monday as politicians conferred and negotiated on possible courses of action.

Development of Sabang as free port to be discussed

Development of Sabang as free port to be discussed JAKARTA (JP): A joint board comprising of Sumatra governors and the Indonesian Maritime Council will be set up to discuss the development of Sabang free port, on Weh Island in Aceh province and on the west coast of Sumatra island.

Students, be united!

Students, be united!From Media IndonesiaRecently the students' movement has become more intensified. Unfortunately their movement has been polarized since May 1998 so that the unification of students into a massive power capable of crushing the regime that has betrayed the people is impossible.

Fate of reform 'must override' Gus Dur's presidency

Fate of reform 'must override' Gus Dur's presidency What choice is left after the issuing of a memorandum by the House of Representatives (DPR), effectively a first warning to President Abdurrahman "Gus Dur" Wahid to give him chance to improve his performance in three month's time? Political...

APP's missed payment alarms Asian bond mart

APP's missed payment alarms Asian bond mart HONG KONG (Reuters): A missed interest payment by a unit of giant Indonesian corporate borrower Asia Pulp and Paper sent shudders through Asia's bond market on Monday as investors weighed the possibility of group-wide default.

Something fishy going on in leather goods

Something fishy going on in leather goods YOGYAKARTA (JP): Leather products are usually made of cow or sheep skin due to their size and quality. Now, it turns out that humble fish skin can also be transformed into bags, belts, wallets, cell phone cases or key holders through the wonders of modern...

Paintings show the way things were for 'Cap Go Meh'

Paintings show the way things were for 'Cap Go Meh' The festival of Cap Go Meh on the 15th day of the Lunar New Year was one of the victims of the New Order's suppression of Chinese culture. Now that times have changed and Chinese arts in particular are enjoying a resurgence, art critic Agus...

Rupiah Rates Feb.5

Rupiah Rates Feb.5 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 9,115.00 10,115.00 9,567.00 9,663.00Australian dollar 1 5,022.37 5,578.42 5,271.42 5,329.14Austrian schilling 1 621.94 690.54 652.78 659.68Belgian franc 1 212.15 235.55 222.67 225.

Mr. Barratt's Indonesia

Mr. Barratt's Indonesia It would be regrettable for Mr. Barratt to leave Indonesia, or Southeast Asia, with the perception that people in this part of the world are more obsessed with money than people in the West are.Has Mr.

Witnesses testify about massacre in Poso

Witnesses testify about massacre in Poso PALU, Central Sulawesi (JP): Witnesses to the bloodshed in Poso testified during a hearing at the district court here on Monday.Thayeb, a resident of Sangira village in Pamona Utara district, told the court he saw two piles of bodies in a ravine near Pandira...

Astra Otoparts falling short

Astra Otoparts falling short JAKARTA (JP): Publicly-listed car component maker PT Astra Otoparts earned a net profit of Rp 127.02 billion (US$13.37 million) between January and November, Antara said on Monday.

Government changes aid scheme to BII after complaints

Government changes aid scheme to BII after complaints JAKARTA (JP): The government has decided to guarantee the Rp 12 trillion (US$1.2 billion) debt of the Sinar Mas Group to publicly listed Bank Internasional Indonesia (BII), putting an end to a much-criticized earlier plan to swap the debt with...

Where to go in Bandung:

Where to go in Bandung:Exhibitions* Painting, Ikatan Wanita Pelukis Indonesia, Galeri Hidayat, Jl. Sulanjana 36 (Phone: 022 4208257), 9 a.m. to 4:30 p.m., until Feb. 14.* Batik Kolase, by Joachim Blank, Galeri Bandung, Jl. Siliwangi 16 (Phone: 022 2036515), 9 a.m. to 5 p.m., Feb. 10 to 24.

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