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Rupiah rate March 8

Rupiah rate March 8 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 9,400.00 10,400.00 9,850.00 9,950.00Australian dollar 1 4,783.66 5,297.76 5,012.67 5,068.53Austrian schilling 1 635.24 703.19 665.65 672.77Belgian franc 1 216.69 239.87 227.06 229.

Gus Dur visits riot-torn Sampit

Gus Dur visits riot-torn Sampit JAKARTA (JP): Less than 24-hours after arriving from his overseas trip, President Abdurrahman "Gus Dur" Wahid flew to Central Kalimantan, which included a brief visit to the riot torn town of Sampit.

Government to set rupiah at 7,800-8,500 in 2002 budget

Government to set rupiah at 7,800-8,500 in 2002 budget JAKARTA (JP): The government will base the 2002 state budget on an exchange rate of between Rp 7,800 and Rp 8,500 against the U.S. dollar although the Indonesian currency remains under strong pressure.

Migrant woman's release sought

Migrant woman's release sought JAKARTA (JP): Lawyers defending a woman migrant worker accused of abandoning her baby demanded on Wednesday the Tangerang District Court acquit her of all charges due to the psychological burdens she was shouldering.

KPKPN can check officials' accounts

KPKPN can check officials' accounts JAKARTA (JP): The Public Servants' Wealth Audit Commission (KPKPN) asserted on Thursday that it had the authority to audit the private bank accounts of state officials in order to ascertain whether the officials concerned had honestly declared their wealth.

MAS ups S'pore flights for GP

MAS ups S'pore flights for GP KUALA LUMPUR (AP): Malaysia Airline Systems (MAS) will add six flights between Kuala Lumpur and Singapore, already one of Asia's busiest shuttle routes, to cater to the increased demand from March 18 through March 19 during the Malaysian Grand Prix.

Nine trucks of illegal logs seized

Nine trucks of illegal logs seized PALU, Central Sulawesi: Four men, including a soldier, have been arrested for the illegal possession of 50 cubic meters of logs seized by police in the district of Tawaeli, North Palu, an officer said.Comr.

Ethnic conflict or policy failure?

Ethnic conflict or policy failure?By Sidhesh Kaul JAKARTA (JP): The recent spate of violence in parts of Indonesia, be it secessionist or ethnic in nature, are the result of relentlessly pursuing years of lop sided developmental strategies.

NU can no longer rely solely on the masses

NU can no longer rely solely on the masses The leaders of the country's two largest Islamic organizations, Muhammadiyah and Nahdlatul Ulama (NU), must work to prevent clashes between their supporters given the supercharged political atmosphere, says political observer Azyumardi Azra, who is also...

Unions call for equal partnership in industry

Unions call for equal partnership in industry JAKARTA (JP): Labor activists called on management to treat labor unions as equal partners in bipartite negotiations in an attempt to create mutually beneficial relations.

Death knell of price hikes

Death knell of price hikes It is not difficult to predict that the government may hike fuel prices in April, which will influence the price of kerosene, bus and train fares and possibly water and electricity bills. This will be a death knell to the common people.

Amien backs off from call for early special session

Amien backs off from call for early special session JAKARTA (JP): People's Consultative Assembly Speaker Amien Rais on Thursday said he would end his calls for an expedited special Assembly session and adhere to the proper Constitutional route of issuing three memorandums before proposing such a...

Manulife bid to unveil Harvest owners dismissed

Manulife bid to unveil Harvest owners dismissed JAKARTA (JP): A Hong Kong court has dismissed an application by Canadian insurance company Manufacturer's Life Insurance (Manulife) seeking the disclosure of the principals of the Hong Kong-based Harvest Hero International Ltd.

Ignorance about Viagra leads to pill-popping public

Ignorance about Viagra leads to pill-popping public JAKARTA (JP): Somehow, amid all the publicity about Viagra and the inevitable follow-on jokes about erectile dysfunction, the message about the drug's proper use has become blurred.Urologist Dr.

Q Bar keeps on hopping 'til wee hours

Q Bar keeps on hopping 'til wee hours JAKARTA (JP): For our latest bacchanalian adventure, we decided to take a trip down memory lane by visiting Jl. Jaksa, one of the old stomping grounds in the halcyon days of the early 1990s.

Garuda's apology

Garuda's apology In response to a complaint from reader Mrs. Juliana Lestari Tanie in this column (March 1), please accept our apology for the incident which caused inconveniences to Mrs. Juliana and her colleagues.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March.8, 2001: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo Tbk 1,775 25 254,500 Adindo Foresta 120 -5 50,000 AGIS Tbk 190 0 1,018,000 Alakasa 140 0 0 Alfa...

W. Cup matches with N. Korea likely

W. Cup matches with N. Korea likely SEOUL (AP): A proposal for North Korea to hold some 2002 World Cup soccer matches is likely to be discussed when a South Korean cabinet minister visits the reclusive communist North this weekend, Seoul officials said Thursday.

RP warns neighbors against giving aylum to Estrada

RP warns neighbors against giving aylum to Estrada MANILA (Agencies): Vice President Teofisto Guingona on Thursday warned neighbors and other countries against giving sanctuary to the Philippines' ousted leader Joseph Estrada, who faces possible arrest for alleged massive corruption.

Telkom GM urged to resign

Telkom GM urged to resign BANDUNG: Angry employees of the West Java branch of state telecommunications company PT Telkom, have threatened to hold a strike beginning March 21, if the general manager of Regional Division III, Michael Lee Towne, is not replaced.

Indonesia upbeat on KL palm oil pact

Indonesia upbeat on KL palm oil pact KUALA LUMPUR (Reuters): An Indonesian palm oil industry leader ruled out on Thursday talk that an accord between Malaysia and close rival Indonesia to prop up palm oil prices could fall apart.

Muslims, Christians patrol churches

Muslims, Christians patrol churches PALU, Central Sulawesi: Muslims and Christians in the district of Ampana Kota in Poso regency have been patrolling churches in the area following the explosion at a church in the area on Monday.Central Sulawesi Police spokesman Sr. Comr.

Psychologists oppose plans to return refugees

Psychologists oppose plans to return refugees JAKARTA (JP): Psychologists meeting at the University of Indonesia's crisis center on Thursday argued against the premature return of tens of thousands of Madurese refugees to Central Kalimantan, warning that it could spur "a bigger killing spree.

KL firm unveils RI project

KL firm unveils RI project KUALA LUMPUR (Dow Jones): -Road Builder (M) Holdings Bhd. Thursday said a Malaysian consortium has discussed providing Rp 800 billion (US$81.6 million) for the cost of land to revive a road project in Jakarta.The consortium comprises Perspec Prime (Malaysia) Sdn. Bhd.

Newmont to close Minahasa gold mine

Newmont to close Minahasa gold mine JAKARTA (JP): PT Newmont Minahasa Raya (NMR) plans to close its gold mine in Ratatotok, Minahasa regency, North Sulawesi, in 2003, or 13 years earlier than initially planned, because of the depletion of gold deposits, a company executive said on Thursday.

UN uses riot police to quell E. Timor protest

UN uses riot police to quell E. Timor protest DILI (Reuters): The UN had to send riot police into East Timor's second city of Baucau to disperse stone throwing demonstrators who had burnt a mosque and attacked vehicles, a senior UN official said on Thursday.

'Eurico did not order attack'

'Eurico did not order attack' JAKARTA (JP): Two former East Nusa Tenggara Police officers testified in favor of defendant Eurico Guterres at the North Jakarta District Court on Thursday, saying they had never seen him order his men to attack a police station in Belu to reclaim their weapons.

Court begins trial of SIRA activist

Court begins trial of SIRA activist BANDA ACEH, Aceh (JP): The trial of an Acehnese independence activist charged with revolt opened at the Banda Aceh District Court on Thursday amid a tight security cordon and a silent protest.

Police to query media expert on Tommy story

Police to query media expert on Tommy story JAKARTA (JP): The National Police is scheduled to "interview" multimedia expert Roy Suryo in connection with a cover story of a local magazine on fugitive Hutomo "Tommy" Mandala Putra.

Council threatens to punish Indomaret

Council threatens to punish Indomaret JAKARTA (JP): The City Council threatened on Wednesday to take legal action against the management of Indomaret minimarket for twice ignoring the council's summons.

Car-jacking gangs busted

Car-jacking gangs busted KUALA LUMPUR (DPA): Malaysian police have busted three car- jacking gangs which stole expensive foreign cars and smuggled them abroad including to Thailand, Singapore and Australia, a news report said on Thursday.

3G has promising future in Asia Pacific: Analyst

3G has promising future in Asia Pacific: Analyst SINGAPORE (AFP): The Asia Pacific region has all the ingredients for third-generation (3G) wireless phone services to flourish, according to a leading industry analyst.

Faltering confidence

Faltering confidence The higher-than-expected 4.8 percent economic growth Indonesia posted in 2000 has apparently failed to increase market confidence or raise expectations of a stronger recovery. Instead, last year's economic spurt, from zero growth in 1999 and a contraction of almost 14 percent...

Government replaces PLN president

Government replaces PLN president JAKARTA (JP): The government replaced Kuntoro Mangkusubroto as president of state electricity company PT PLN on Wednesday, to leave the burden of restructuring the ailing state company with PLN former marketing and distribution director, Eddie Widiono.

Customer sues Lippo Shop

Customer sues Lippo Shop TANGERANG (JP): A customer, Kusnoro, has filed a lawsuit with the Tangerang District Court against Lippo Shop Internet-based shopping website for deception and demanded Rp 2 billion (US$210,000) in compensation.

Parties reach peace deal over Priok bloodshed

Parties reach peace deal over Priok bloodshed JAKARTA (JP): The families of Tanjung Priok riot victims and military officers who were active when the bloody shooting took place have reached a peace after more than 16 years.

Soeharto used to demand protection: Sudjana

Soeharto used to demand protection: Sudjana JAKARTA (JP): Former minister of mines and energy Ida Bagus Sudjana revealed on Wednesday that ex-president Soeharto told him to "protect" a company belonging to the latter's son, Bambang Trihatmodjo.

Rupiah Rates March 7, 2001

Rupiah Rates March 7, 2001 Bank notes rates TT rates Selling Buying Selling Buying Rp Rp Rp Rp U.S. dollar 1 10,390.00 9,390.00 9,939.00 9,841.00Australian dollar 1 5,344.62 4,825.53 5,112.62 5,057.29Austrian schilling 1 706.29 637.97 675.64 668.62Belgian franc 1 240.92 217.62 230.47 228.

Megawati 'would be better' than Gus Dur

Megawati 'would be better' than Gus Dur JAKARTA (JP): People's Consultative Assembly Speaker Amien Rais expressed confidence on Wednesday that Vice President Megawati Soekarnoputri would be a better leader than incumbent President Abdurrahman "Gus Dur" Wahid.

S'pore doesn't store nuclear weapons for U.S.

S'pore doesn't store nuclear weapons for U.S. SINGAPORE (AP): In an unusual parliamentary debate in Singapore, several legislators demanded information from the government on Wednesday about the city-state's secret military agreement with the United States.

Rupiah could worsen with further IMF delay

Rupiah could worsen with further IMF delay Opinions have been brewing for quite some time over the "medication" of the country's crisis. The following is an excerpt from a recent interview with economist Mari Pangestu.

East Kalimantan wary of conflict

East Kalimantan wary of conflict SAMARINDA, East Kalimantan: Provincial police chief Brig. Gen. Togar M. Sianipar warned here on Wednesday that East Kalimantan could see ethnic violence similar to that in neighboring Central Kalimantan due to the population's heterogeneous ethnic composition.

Legal battle against PT Freeport reopens

Legal battle against PT Freeport reopens JAKARTA (JP): The legal battle between the Indonesian Forum for the Environment (Walhi) and the mining giant PT Freeport Indonesia opened on Wednesday at the South Jakarta District Court.

Kostrad declares war against GAM

Kostrad declares war against GAM JAKARTA (JP): Chief of the Army Strategic Reserves Command (Kostrad) Lt. Gen. Ryamizard Ryacudu on Wednesday declared war against Free Aceh Movement (GAM) separatist rebels."We have prepared our (Kostrad) troops to fight not the people, but only enemies of the state.

Last group of refugees leave Sampit

Last group of refugees leave Sampit SAMPIT, Central Kalimantan (JP): The last remaining refugees sheltering in camps here as a result of the bloody ethnic riot have been officially evacuated and transported by ship to East Java.

Hoodlum killed by colleague

Hoodlum killed by colleague BOGOR (JP): A dispute over a guitar ended up in the death of a notorious hoodlum. His body was found lying on a soccer field near his home in Pasir Angin subdistrict, Cileungsi on Monday night.

KONI upbeat despite its lack of funds for SEAG

KONI upbeat despite its lack of funds for SEAG JAKARTA (JP): The National Sports Council (KONI) deputy chairman Arie Sudewo expressed optimism that the training program for the 2001 Southeast Asian Games (SEAG) would continue despite of shortage in funds.

Plot to kill Xanana foiled

Plot to kill Xanana foiled DILI, East Timor (AP): United Nations police on Wednesday arrested three men in connection with a possible assassination attempt on independence leader Jose Alexandre "Xanana" Gusmao, who accused political opponents linked to the Indonesian military of being behind the...

Manila 'came close to debt moratorium'

Manila 'came close to debt moratorium' MANILA (Dow Jones): Philippine Central Bank Governor Rafael Buenaventura said on Wednesday the country came close to declaring a debt moratorium after foreign banks cut credit lines last December while the leadership crisis was raging.

Talisman profit up threefold

Talisman profit up threefold CALGARY, Alberta (Reuters): Talisman Energy Inc. pumped out a nearly threefold jump in fourth-quarter profit on Tuesday, as Canada's third-largest oil and gas explorer and producer reaped rewards from strong prices and rising production.