Indonesian Political, Business & Finance News

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On This Day - October 17, 2000

Dark horse Wismilak CLS eyes league's final ticket

Dark horse Wismilak CLS eyes league's final ticket BANDUNG (JP): Surabaya-based Wismilak CLS made the biggest upset in the third day of the fourth leg of the 2000 Nuvo Kobatama national basketball league Monday as it managed to defeat defending champion Mahaka Satria Muda of Jakarta 77-75.

Rice subsidies to end in 2002, says Gus Dur

Rice subsidies to end in 2002, says Gus Dur JAKARTA (JP): President Abdurrahman Wahid said on Monday he had acquiesced to the International Monetary Fund (IMF) and agreed to end rice subsidies in 2002.Abdurrahman, or Gus Dur, said rice prices would be fully determined by "market mechanisms" in 2002.

I'm not scared, President says over Suwondo's arrest

I'm not scared, President says over Suwondo's arrest JAKARTA (JP): President Abdurrahman Wahid said on Monday that the arrest of his masseur, Alip Agung Suwondo, a suspect in the multi-billion rupiah State Logistics Agency (Bulog) scandal, left him with no fear at all."It's none of my business.

50,000 workers in footwear industry facing dismissal

50,000 workers in footwear industry facing dismissal JAKARTA (JP): Some 50,000 of the around 500,000 workers employed in 90 footwear factories could face dismissal due to the government's prolonged ban on the import of leather raw materials from South Korea and Japan, a footwear industry executive...

Woman reports Rp 7 m theft

Woman reports Rp 7 m theft BOGOR (JP): A woman filed a report on Monday with the Bogor City Police, stating that Rp 7.35 million (US$825) belonging to her employer had been stolen from her handbag by three men.

INRO sales will not affect rubber price: Official

INRO sales will not affect rubber price: Official JAKARTA (JP): The planned sales of the entire stocks held by the International Natural Rubber Organization (INRO) will not affect the world's rubber prices, the organization's executive Hatanto Reksodiputro, said here on Monday.

Tourist arrivals to RI decline

Tourist arrivals to RI decline JAKARTA (JP): Tourist arrivals in Indonesia dropped 2.19 percent in August to 374,900 people due to security worries during the Annual Session of the People's Consultative Assembly held in the same month, according to data issued by the Central Bureau of Statistics...

Witness claims Soeharto played role in graft case

Witness claims Soeharto played role in graft case JAKARTA (JP): A witness in the multimillion dollar graft trial of timber baron Mohamad "Bob" Hasan told a court hearing on Monday that in 1992 then president Soeharto ordered that a forestry mapping permit be granted to a firm belonging to the...

EU to focus on trade, crime at Asian summit

EU to focus on trade, crime at Asian summit BRUSSELS (Reuters): European Union leaders will push for freer trade, a closer political dialog and joint action to combat international crime when they hold a biennial summit with 10 Asian nations later this week.

Despite wobbles, Asian states stick to path of free-trade

Despite wobbles, Asian states stick to path of free-trade TOKYO (Reuters): Asia's appetite for the tough task of opening up protected markets will be tested if economic growth flags, but for now experts see scant evidence that the region's commitment to free trade is crumbling.

Expert renews call for morality in politics

Expert renews call for morality in politics People are still yearning for quality leadership a year after President Abdurrahman Wahid was installed. The following is an excerpt from an interview with political historian Azyumardi Azra who recently launched his book Islam Substantif: Agar Umat Tidak...

ASEAN needs to adapt to face future

ASEAN needs to adapt to face future BANGKOK (AFP): ASEAN countries should give preferential treatment and aid to new members to prevent a "two-tier" organization from developing, former Indonesian foreign minister Ali Alatas said in a report Monday.

Rates for tax payment, valid from October 16 to October 22

Rates for tax payment, valid from October 16 to October 22 U.S. dollar 1 Rp 8,810.00Austrian schilling 1 552.02Australian dollar 1 4,663.13Belgian franc 1 188.30Canadian dollar 1 5,811.35Swiss franc 1 5,031.41Deutschemark 1 3,885.51Danish krone 1 1,020.21French franc 1 1,157.

RI activists urge new approach from CGI

RI activists urge new approach from CGI TOKYO (AFP): Activists on Monday urged international donors preparing to meet in Tokyo this week to cut Indonesia's vast debt and tackle wrenching poverty.During the World Bank-backed Consultative Group on Indonesia (CGI) meeting on Tuesday and Wednesday,...

Man stabbed to death at home

Man stabbed to death at home JAKARTA (JP): An owner of a beauty parlor was stabbed to death at his residence on Jl. Galur Sari Raya, Utan Kayu in East Jakarta in the early hours of Monday, an officer said.The chief of Matraman Police station, Ass. Supt.

Anti-Israel rally in Surakarta

Anti-Israel rally in Surakarta SURAKARTA: At least three hundred protesters from the Alliance of Anti-Zionists held a noisy anti-Israel protest here on Monday to condemn recent events in the West Bank.The alliance, which groups several organizations, including the Surakarta branch of the Indonesian...

Rupiah closes higher as most regional currencies gain

Rupiah closes higher as most regional currencies gain SINGAPORE (Dow Jones): The Indonesian rupiah closed higher after sluggish trading Monday, boosted by the rise of most other regional currencies, dealers said.The dollar closed at Rp 8,875, down from Rp 8,922 late Friday in Asia.

Keep food for kids safe: Mayor

Keep food for kids safe: Mayor BOGOR (JP): Mayor Iswara Natanegara told his staff on Monday to avoid using harmful substances in the food distributed to some 14,700 elementary school students as part of the Extra Food for School Kids scheme.

Little league staged to popularize baseball

Little league staged to popularize baseball JAKARTA (JP): For kids, sports means fun. They have to enjoy it to love it. To introduce baseball to children in Jakarta, the Garuda baseball club, Prambors baseball and softball club, Girls Radio Station and youth organization, Blue Ribbon Movement,...

Illegal logging threatens Sumatra's park

Illegal logging threatens Sumatra's parkBy Budisantoso Budiman BANDAR LAMPUNG, Lampung (Antara): South Bukit Barisan National Park, home to a wide variety of species, is in danger due to unchecked illegal logging and poaching.

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