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Sat, 11 Mar 2000
IBRA restructures bad loans
IBRA restructures bad loans JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) is in the final stages of completing the restructuring of some Rp 14.4 trillion (about US$1.8 billion) worth of bad bank loans under its control.IBRA said in a statement that the debts were owed by 144 debtors.
Sat, 11 Mar 2000
Pulp producers' ratings upgrade
Pulp producers' ratings upgrade JAKARTA (JP): Local rating agency PT Pemeringkat Efek Indonesia (Pefindo) has upgraded the rating of rupiah bonds issued by three local pulp and paper producers from idA minus to idA.
Sat, 11 Mar 2000
Why Kissinger?
Why Kissinger? Referring to the article in New York Herald Tribune, on Feb. 29, 2000 entitled "Kissinger appointed as aide", I can only conclude that Indonesia has fallen into the hands of a "lunatic". I have voiced this warning since 1999.
Sat, 11 Mar 2000
HIH enters RI market
HIH enters RI market JAKARTA (JP): Publicly listed Australian company HIH Insurance Group has entered the Indonesian insurance market through joint venture company PT Asuransi Hastin FAI.HIH Insurance Group said here on Friday the joint venture's operation had been approved by the Ministry of...
Sat, 11 Mar 2000
Conversion Rates
Conversion RatesBank Indonesia's conversion rates on March 10, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,348.00 7,422.00Australian dollar 1 4,505.79 4,556.37Austrian schilling 1 516.54 522.28Belgian franc 1 176.20 178.15Brunei dollar 1 4,296.57 4,342.38Canadian dollar 1 5,045.
Sat, 11 Mar 2000
Counterfeit money getting harder to trace: Official
Counterfeit money getting harder to trace: Official JAKARTA (JP): As the technology for printing valuable papers is no longer the monopoly of the state money printing company Perum Peruri, people will find it difficult to tell whether their money is original or counterfeit, businesspeople in the...
Sat, 11 Mar 2000
UNHCR concerned by RI aid ultimatum
UNHCR concerned by RI aid ultimatum GENEVA (AP) The United Nations High Commissioner for Refugees Friday criticized Indonesian plans to cut off aid later this month to 100,000 East Timorese remaining in West Timor unless they decide whether or not to return home.
Sat, 11 Mar 2000
Foreign investors continue to ignore RI
Foreign investors continue to ignore RI JAKARTA (JP): Indonesia's risk premium has changed significantly over the past two years but the country has yet to regain the interests of large international investment houses, a senior official from the Hongkong and Shanghai Banking Corporation (HSBC) Ltd.
Sat, 11 Mar 2000
TNI asked to help prevent E. Timor border skirmishes
TNI asked to help prevent E. Timor border skirmishes JAKARTA (JP): The head of the United Nations Transitional Administration in East Timor (UNTAET), Lt. Gen. Jaime de los Santos, is calling on the Indonesian Military (TNI) to help prevent cross-border attacks into East Timor.
Sat, 11 Mar 2000
NZ rescues hostage in RI: Newspaper
NZ rescues hostage in RI: Newspaper AUCKLAND (AFP): Former New Zealand special forces soldiers staged a covert operation to rescue a Chinese-Indonesia businessman being held captive for five years in Indonesia, The New Zealand Herald reported here on Friday.
Sat, 11 Mar 2000
Two protected Betawi houses in poor state
Two protected Betawi houses in poor stateBy Ida Indawati Khouw While experts and scholars debate the history of Betawi and the role of Betawians in the early days of old Batavia, some Betawians continue to push for somebody with Betawi blood to become governor of Jakarta.
Sat, 11 Mar 2000
Batam's investors want clear policy on island's status: BIDA
Batam's investors want clear policy on island's status: BIDABy Devi M. Asmarani BATAM ISLAND, Riau (JP): Batam Industrial Development Authority (BIDA) said on Friday foreign and local investors here were concerned over the government's seemingly inconsistent economic policy on the island.
Sat, 11 Mar 2000
Police raid gambling dens
Police raid gambling dens MEDAN, North Sumatra: Local police have confiscated millions of rupiahs and arrested 80 alleged operators and gamblers during a two day crackdown here, an officer said on Friday.Detective chief of the provincial police Capt.
Sat, 11 Mar 2000
Team set to present E. Timor findings
Team set to present E. Timor findings JAKARTA (JP): A special team from the Attorney General's Office will hand over its preliminary report on last year's mayhem in East Timor to Attorney General Marzuki Darusman on Monday.
Sat, 11 Mar 2000
Save hidden treasures of the sea, Akbar says
Save hidden treasures of the sea, Akbar says JAKARTA (JP): The country needs to issue a new maritime law and regulation protecting its marine archaeological property from plundering, House of Representatives Speaker Akbar Tandjung said on Friday.
Sat, 11 Mar 2000
Legal protection for the slaves
Legal protection for the slaves Minister of Manpower Bomer Pasaribu's statement (The Jakarta Post, March 7, 2000) that "...the government faced difficulties protecting Indonesians employed in predominantly Muslim countries because they were treated not as workers but as members of their employers'...
Sat, 11 Mar 2000
Dance lovers promised 'Paradise' next week
Dance lovers promised 'Paradise' next week JAKARTA (JP): Joy, happiness and rapture are the nuances of Paradise, a contemporary French dance which will be performed here at Teater Tanah Airku on Tuesday at 7:30 p.m.
Sat, 11 Mar 2000
One arrested in machete attack on deputy speaker
One arrested in machete attack on deputy speaker JAKARTA (JP): Jakarta Police Mobile Detectives (Resmob) arrested on Thursday night a suspect in last Sunday's attempted murder of National Awakening Party Chairman Matori Abdul Djalil.
Sat, 11 Mar 2000
Kartini's claim of rape could win her reprieve from death row
Kartini's claim of rape could win her reprieve from death row JAKARTA (JP): Hopes are high that Indonesian maid Kartini bin Karim will avoid the death penalty in the United Arab Emirates (UAE) for adultery as she has testified that she was raped, director general for labor placement Din Syamsuddin...
Sat, 11 Mar 2000
New Press Council members elected
New Press Council members elected JAKARTA (JP): A nine-member National Press Council has been established with an urgent mission to handle public complaints, improve the national press' professionalism and uphold democracy, said an elect council member.
Sat, 11 Mar 2000
Pedicab drivers demand new jobs
Pedicab drivers demand new jobs JAKARTA (JP): Drivers of becak (pedicabs) in Central Jakarta questioned officials on Friday about alternative jobs which the city administration promised would improve their welfare.
Sat, 11 Mar 2000
Miners told to build roads
Miners told to build roads JAKARTA (JP): South Kalimantan legislators have called on the local government to maintain a ruling which bans coal producers from using public roads to transport coal."The ban is needed to protect the public roads from serious damage," the head of the local legislative...
Sat, 11 Mar 2000
Razaleigh to run for top UMNO posts
Razaleigh to run for top UMNO posts KUALA LUMPUR (Agencies): Former finance minister Razaleigh Hamzah was nominated on Friday to run against Prime Minister Mahathir Mohamad and his deputy for the top two leadership posts in Malaysia's dominant party.
Sat, 11 Mar 2000
Angelique, Dea to meet in final
Angelique, Dea to meet in final JAKARTA (JP): Indonesian Angelique Widjaja beat Japan's Kumiko Iijima 4-6, 7-5, 6-4 on Friday to set up an all-Indonesian final against Dea Sumantri in the girl's singles of the Indonesia Gas Negara International Junior tennis championship here on Saturday.
Sat, 11 Mar 2000
Australia earns Indonesia's ire over Timor fisherman
Australia earns Indonesia's ire over Timor fisherman SYDNEY (DPA): Indonesia complained to Australia on Friday over the treatment of a Timorese fishermen who survived at sea for nearly a month only to be jailed after a cyclone blew his crippled craft ashore in a remote part of the Northern...
Sat, 11 Mar 2000
KONI hails Mahadi's fund-raising idea
KONI hails Mahadi's fund-raising idea JAKARTA (JP): National Sports Council (KONI) deputy chairman Indra Djati Sidi welcomed State Minister of Youth Affairs and Sports Mahadi Sinambela's idea to raise funds for sports development through an excise tax on cigarettes.
Sat, 11 Mar 2000
Gapki wants government to drop export tax on CPO
Gapki wants government to drop export tax on CPO JAKARTA (JP): Palm oil producers have called on the government to erase the 10 percent export tax on the commodity, saying that a slowdown in sales has led to a massive stock buildup.
Sat, 11 Mar 2000
Bambang not in Bank Surya
Bambang not in Bank Surya JAKARTA (JP): Bambang Sutrisno was no longer vice chief commissioner of the now defunct Bank Surya when the bank received emergency liquidity credit from Bank Indonesia in January, 1998, Bambang's lawyer Sudjono stated here on Friday.
Sat, 11 Mar 2000
Judiciary system untouched by political reform
Judiciary system untouched by political reform The controversial decision by a Jakarta district court earlier this week to free a suspect linked to a major corruption case has angered many legal observers. Corporate lawyer T.
Sat, 11 Mar 2000
Haze turns day into night in Sumatra island
Haze turns day into night in Sumatra island JAKARTA (JP): Thick haze from forest fires shrouded several towns in Sumatra on Friday, keeping Pekanbaru, Riau, mostly in the dark during daylight hours.By 9 a.m.
Sat, 11 Mar 2000
Two U.S. scientists arrested in Borneo
Two U.S. scientists arrested in Borneo KUALA LUMPUR (AP): Two American scientists were caught by wildlife enforcement officers for allegedly trying to smuggle rare fish and insects from a Borneo rain forest, a government official said on Friday.
Sat, 11 Mar 2000
Halmahera tense after riots
Halmahera tense after riots AMBON, Maluku (JP): Tension prevailed on Friday in Halmahera in North Maluku following a series of communal clashes earlier in the week that left at least 30 people dead and dozens injured.Chief of Pattimura Military Command overseeing Maluku Brig. Gen.
Sat, 11 Mar 2000
Manila concerned about trafficking
Manila concerned about trafficking MANILA (AP): The Philippine government has asked Malaysia and South Korea to help stop the trafficking of hundreds of Filipino women who become prostitutes in the two countries, according to reports obtained on Friday from the Department of Foreign Affairs.
Sat, 11 Mar 2000
Stock quotations on JSX
Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on March 10, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 800 25 28,000 Adindo Foresta Indonesia 650 0 7,637,500 Alakasa Industrindo 475 50 8,500 Alfa...
Sat, 11 Mar 2000
Aceh boosts CPO production
Aceh boosts CPO production JAKARTA (JP): The province of Aceh expects to become one of the country's major crude palm oil (CPO) producers within the next few years, given the sharp increase in the size of its oil palm plantations.
Sat, 11 Mar 2000
Freeport and the environment
Freeport and the environment In his letter (The Jakarta Post, March 7, 2000 Not a catastrophe), Mr. Bruce E. Marsh sounds like a nice and sincere person. However, he is in the mining business, so there is one question he will not ask and that is whether the destruction of a mountain, a river system...
Sat, 11 Mar 2000
President approves Papuan Congress
President approves Papuan Congress JAYAPURA, Irian Jaya: President Abdurrahman Wahid has no objections to next month's planned Papua Congress, the congress organizers said on Friday.A member of the organizing committee, Tom Beanal, said Abdurrahman gave his approval when he met some Irianese...
Sat, 11 Mar 2000
BI to transfer Texmaco loans to IBRA
BI to transfer Texmaco loans to IBRA JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin said on Friday that Texmaco Group's bad loans owed to the state-owned Bank Negara Indonesia (BNI) would be "immediately" transferred to the Indonesian Bank Restructuring Agency (IBRA).
Sat, 11 Mar 2000
Indonesia will settle OPIC's claim: Sukardi
Indonesia will settle OPIC's claim: Sukardi JAKARTA (JP): State Minister of Investment and State Enterprises Development Laksamana Sukardi said on Friday that Indonesia would negotiate with the American government or the U.S. Overseas Private Investment Corp.
Sat, 11 Mar 2000
Burning forests
Burning forests One might have thought that three years after the calamitous forest and plantation fires that ravaged large tracts of productive forest and plantation lands in Sumatra and Kalimantan, some kind of effective mechanism could have been put in place to control what are, after all,...
Sat, 11 Mar 2000
Where to go in Jakarta: Saturday, March 11, 2000
Where to go in Jakarta: Saturday, March 11, 2000Exhibitions * Painting Exhibition: Pameraya 2000 by H. Widayat at the National Gallery, Central Jakarta, until March 31. * Painting Exhibition: Generasiku Harapanku by Trubus S, Kartono Y, Wakidi, Sudarso, Ad Pirous Dullah, etc.
Sat, 11 Mar 2000
Marzuki to appeal ruling on Djoko
Marzuki to appeal ruling on Djoko JAKARTA (JP): Attorney General Marzuki Darusman said on Friday his office would file an appeal with the Jakarta High Court over the South Jakarta District Court's recent decision to drop the indictment of Djoko S. Tjandra, a suspect in the Rp 546 billion (US$73.
Sat, 11 Mar 2000
Asian currencies rise across the board
Asian currencies rise across the board HONG KONG (Dow Jones): Asian currencies finished higher across the board Friday, lifted by a stronger yen and by moderately improved sentiment toward individual countries in the region.
Fri, 10 Mar 2000
Stock quotations on JSX
Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Mar. 9, 2000: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 775 25 5,500 Adindo Foresta Indonesia 650 25 8,117,000 Alakasa Industrindo 425 0 5,000 Alfa...
Fri, 10 Mar 2000
Vendors defy order to close their business
Vendors defy order to close their business JAKARTA (JP): More than 100 street vendors whose kiosks were demolished earlier this week returned on Thursday to the "strategic" site in front of the Senen market.
Fri, 10 Mar 2000
Marzuki told to get tough with Soeharto
Marzuki told to get tough with Soeharto JAKARTA (JP): Leading activists on Thursday called on the Attorney General's Office not to waste more time in taking firm action against former president Soeharto as his meeting with President Abdurrahman Wahid on Wednesday proved that his condition was not...
Fri, 10 Mar 2000
Prabowo intends to tell all in book
Prabowo intends to tell all in book JAKARTA (JP): Lt. Gen. (ret.) Prabowo Subianto, the disgraced former chief of the Army Strategic Reserves Command (Kostrad), has said he intends to put the record straight in a planned book on events surrounding the bloody May 1998 riots and abduction of student...
Fri, 10 Mar 2000
Raid on fire arms
Raid on fire armsFrom Pos KotaWhether or not the attack against the Deputy Speaker of the People's Consultative Assembly Matori Abdul Djalil has a political motive, it is a big challenge for the Police.
Fri, 10 Mar 2000
Where to go in Jakarta: Friday, March 10, 2000
Where to go in Jakarta: Friday, March 10, 2000Exhibitions * Painting Exhibition: Generasiku Harapanku, My Generation, My Hope, by Trubus S, Kartono Y, Wakidi, Sudarso, Ad Pirous Dullah, etc., at Hotel Mulia Senayan, Jl. Asia Afrika, Senayan, Central Jakarta (Phone: 5747777), until March 17.
Fri, 10 Mar 2000
Malaysia supports Indonesian unity, warns Aceh rebels
Malaysia supports Indonesian unity, warns Aceh rebels JAKARTA (JP): Visiting Malaysian Prime Minister Mahathir Mohamad affirmed on Thursday his country's support for Indonesia's unity, and warned Aceh separatist rebels not to use his country as a base for their resistance.