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Wed, 18 Oct 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.
Wed, 18 Oct 2000
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...
Wed, 18 Oct 2000
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.
Wed, 18 Oct 2000
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.
Wed, 18 Oct 2000
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.
Wed, 18 Oct 2000
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...
Wed, 18 Oct 2000
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.
Wed, 18 Oct 2000
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.
Wed, 18 Oct 2000
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.
Wed, 18 Oct 2000
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...
Wed, 18 Oct 2000
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.
Wed, 18 Oct 2000
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...
Wed, 18 Oct 2000
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.
Wed, 18 Oct 2000
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.
Wed, 18 Oct 2000
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.
Wed, 18 Oct 2000
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...
Wed, 18 Oct 2000
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.
Wed, 18 Oct 2000
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...
Wed, 18 Oct 2000
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.
Wed, 18 Oct 2000
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...
Wed, 18 Oct 2000
City has new police chief, Nurfaizi heads training HQ
City has new police chief, Nurfaizi heads training HQ JAKARTA (JP): The National Police announced on Tuesday a reshuffle of 31 high-ranking and middle-ranking officers, including Jakarta Police chief Insp. Gen. Nurfaizi, who will be assigned to head the National Police Training Center.
Wed, 18 Oct 2000
Police officers detained for murder
Police officers detained for murder AMBON, Maluku: Three Police Mobile Brigade (Brimob) officers here are facing possible prosecution being drunk and accidentally killing another soldier on Monday.Maluku Police chief Brig. Gen.
Wed, 18 Oct 2000
Forex reserves increase
Forex reserves increase JAKARTA (JP): Indonesia's international reserves rose by US$102.7 million to $28.23 billion in the week ending Oct. 13 from $28.13 billion in the previous week, according to the latest data issued by Bank Indonesia.
Wed, 18 Oct 2000
Developers wait for normal market
Developers wait for normal market SURABAYA (JP): There are not many office buildings in Surabaya. In fact, you can easily count them on your fingers.For example, the buildings located in the Central Business District (CBD), or what is known as the "golden triangle" of Jl. Basuki Rahmat, Jl.
Wed, 18 Oct 2000
Yet another row
Yet another row As controversy upon controversy continues to rock Jakarta's political scene with no sign of abating, the big question now seems to be no longer when all this is going to stop, but how.Certainly, the President of the Republic discreetly meeting with a convicted felon -- former...
Wed, 18 Oct 2000
Malaysia, RI agree on oil, gas deal
Malaysia, RI agree on oil, gas deal LANGKAWI, Malaysia (Reuters): Malaysia and Indonesia agreed on Tuesday to step up cooperation in oil and gas production following this month's landmark agreement between the two neighboring oil producers.
Wed, 18 Oct 2000
Office property sector gaining ground
Office property sector gaining groundBy Ainur R. Sophiaan SURABAYA (JP): Although efforts are being pursued for a recovery in the country's economy, they have not produced an encouraging outcome.The economic wheels in some sectors, especially the property sector, have begun to pick up speed.
Wed, 18 Oct 2000
VP reproaches insensitive countries
VP reproaches insensitive countries JAKARTA (JP): Speaking before representatives from some 120 parliaments, Vice President Megawati Soekarnoputri reproached some "friendly countries" for their insensitivity toward Indonesia's complex problems.
Wed, 18 Oct 2000
Healthy Indonesia week begins
Healthy Indonesia week begins JAKARTA (JP): A coalition on Healthy Indonesia in cooperation with the Ministry of Health and Social Welfare and John Hopkins University will launch a program called "Saving Women's Lives", which aims at reducing the maternal mortality rate in the country.
Wed, 18 Oct 2000
Pakistan considers buying Texmaco textile equipment
Pakistan considers buying Texmaco textile equipment JAKARTA (JP): The Pakistani government said on Tuesday it was considering importing textile equipment from Indonesia to support a restructuring program for the country's textile industry,Visiting Minister of Commerce, Industry and Production Abdul...
Wed, 18 Oct 2000
RI to offer six oil blocks
RI to offer six oil blocks SINGAPORE (Dow Jones): The Indonesian government will soon open a tender for six crude oil exploration blocks in the Makassar Strait offshore Sulawesi, according to a report Monday by Indonesia's news agency Antara.
Wed, 18 Oct 2000
Irianese reach modus vivendi on flag
Irianese reach modus vivendi on flag JAYAPURA, Irian Jaya (JP): The provincial authorities and proindependence leaders agreed late on Tuesday to delay the pulling down of Morning Star separatist flags here pending a meeting with President Abdurrahman Wahid.
Wed, 18 Oct 2000
BNI Life declines responsibility
BNI Life declines responsibilityFrom Media IndonesiaIt seems BNI Life's motto of being its clients' "true friend" is difficult to disseminate as some of BNI Life cardholders have instead become "true victims". Why?1. On Feb. 21 the doctor said my child must undergo surgery to remove a tumor.
Wed, 18 Oct 2000
National conference on children's welfare underway
National conference on children's welfare underway JAKARTA (JP): The Indonesian Child Welfare Foundation (YKAI), in cooperation with several local and international non- governmental organizations, ministries and universities will hold a national conference on children's welfare here from Oct.
Wed, 18 Oct 2000
E. Timor probe continues past deadline
E. Timor probe continues past deadline JAKARTA (JP): The Attorney General's Office has indicated that it will continue its probe into the East Timor violence despite failing to meet Tuesday's deadline for the six-month investigation, which according to law should now be halted.
Wed, 18 Oct 2000
X-treme sports in Jakarta and Bandung
X-treme sports in Jakarta and Bandung JAKARTA (JP): Cycling and skateboarding are two common activities. But both can be special with extraordinary style and acrobatics which make them X-treme sports.To attract the attention of the youths to these sports, PT Philips Electronics Indonesia invited...
Wed, 18 Oct 2000
Army may dismiss Agus, Saurip if found guilty
Army may dismiss Agus, Saurip if found guilty JAKARTA (JP): Army Headquarters may dismiss Lt. Gen. Agus Wirahadikusumah and Maj. Gen. Saurip Kadi if they are proven guilty of having violated the military's oath and code of conduct, newly appointed Army chief Gen. Endriartono Sutarto said on Tuesday.
Wed, 18 Oct 2000
Harvey marks 25 years of music
Harvey marks 25 years of musicBy Hely Minarti JAKARTA (JP): While today seems a high time for young musicians, it paves the way for older pop stars to make a comeback - in style.Chrisye did that last year by throwing a grand concert and releasing a remake of his album, the classic soundtrack of...
Wed, 18 Oct 2000
Average CAR of seven recapitalized banks falls
Average CAR of seven recapitalized banks falls JAKARTA (JP): The average capital adequacy ratio (CAR) of seven recapitalized banks declined to 11.04 percent at the end of August from 11.18 percent in July, the Indonesian Bank Restructuring Agency (IBRA) said in its October monthly-report issued on...
Wed, 18 Oct 2000
Deputy Army chief to be named next week
Deputy Army chief to be named next week JAKARTA (JP): Speculation about the man who will second the new Army chief of staff Gen. Endriartono Sutarto will continue at least until next week.Speaking at the first joint conference with his predecessor Gen.
Wed, 18 Oct 2000
Irene eyes two golds in KL SEA Games
Irene eyes two golds in KL SEA Games JAKARTA (JP): Indonesian sprinter Irene Truitje Joseph is determined to win two gold medals from the women's 100 meters and 200 meters events in the Kuala Lumpur 2001 SEA Games.
Wed, 18 Oct 2000
Southeast Asian auto sales up 62% in first eight months
Southeast Asian auto sales up 62% in first eight months SINGAPORE (AFP): New vehicle sales in Southeast Asia's four largest markets climbed 62 percent in the first eight months of this year compared to the same period a year earlier, an industry survey released Tuesday showed.
Wed, 18 Oct 2000
Govt to set standards for imported rice
Govt to set standards for imported rice JAKARTA (JP): The Ministry of Agriculture and Forestry will set standards of quality for imported rice in a bid to protect farmers from an influx of cheap rice, a senior official said on Tuesday.
Wed, 18 Oct 2000
Govt revises law on state of emergency
Govt revises law on state of emergency JAKARTA (JP): The government is revising the controversial law on state of emergency before it will be enacted within the next two weeks, said Minister of Justice and Human Rights Yusril Ihza Mahendra on Tuesday.
Wed, 18 Oct 2000
8.4% VAT imposed on cigarettes
8.4% VAT imposed on cigarettes JAKARTA (JP): The Ministry of Finance said on Tuesday that the government had imposed value-added tax of 8.4 percent on the retail sales of cigarettes as of Oct. 1.The VAT was imposed on both locally-made and imported cigarettes, the ministry said in a statement,...
Wed, 18 Oct 2000
Jasa Marga clarification
Jasa Marga clarificationFrom RepublikaWe thank you for the letter from Bertho Darmo PA published in this newspaper of Oct. 3, 2000 about the traffic congestion at the Taman Mini toll gate and would like to clarify the following:Just like any other company in general, the earnings of PT Jasa Marga...
Wed, 18 Oct 2000
JSX revises share price spread
JSX revises share price spread JAKARTA (JP): The Jakarta Stock Exchange (JSX) announced on Tuesday that as of Oct. 20, 2000 it would replace the current maximum bid/offer price spread from the current single fraction to a multi-fraction.
Wed, 18 Oct 2000
Where to go in Surabaya
Where to go in SurabayaMusic and Entertainment * The Westin Surabaya, Jl. Embong Malang 85-89 (Phone: 031 5458888): - Java Jimmy's Irish Pub: Live music, Sunday to Thursday, 6 p.m. to 2 a.m., Friday to Saturday, 6 p.m. to 3 a.m.* Hyatt Regency Surabaya, Jl. Jend.
Wed, 18 Oct 2000
Rupiah drops on sporadic dollar buying, others decline
Rupiah drops on sporadic dollar buying, others decline SINGAPORE (Dow Jones): Most Asian currencies weakened Tuesday except for the Philippine peso, which rebounded from a six- session slump after the central bank announced it was considering another interest rate hike.
Wed, 18 Oct 2000
Shaman murders client
Shaman murders client PURWOKERTO, Central Java: Unable to repay his Rp 100 million debt, shaman Imam Burhanuddin, a resident of Adireja Wetan village in Adipala district, Cilacap regency, killed his client who lent him the money, by burying him alive.Banyumas City Police chief Sr. Supt.