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Fri, 19 May 2000
RI forex reserves fall
RI forex reserves fall JAKARTA (JP): The country's net foreign exchange reserves declined US$215.3 million to $18.05 billion in the week ending May 15.Bank Indonesia said in its latest weekly report that the decrease was mainly due to the repayment of the country's sovereign debts and financial...
Fri, 19 May 2000
Indonesia, Denmark have equal chances
Indonesia, Denmark have equal chances KUALA LUMPUR (JP): Indonesia will battle against Denmark for the last ticket to the final of the Thomas Cup championships at the Putra Indoor Stadium here on Friday.
Fri, 19 May 2000
Soldiers get jail terms for Aceh killings
Soldiers get jail terms for Aceh killings BANDA ACEH, Aceh (JP): A joint military-civilian court sentenced on Wednesday 24 Indonesian Military (TNI) soldiers and one civilian to prison terms ranging from 8.5 to 10 years for last year's mass killings at a West Aceh boarding school.
Fri, 19 May 2000
Lack of political support blamed for economic woes
Lack of political support blamed for economic woes JAKARTA (JP): A senior economist on Wednesday blamed failing political support for the government's coalition cabinet as being the main factor in the deterioration of the country's economic recovery process.
Fri, 19 May 2000
Deadline set for Dharmala
Deadline set for Dharmala JAKARTA (JP): The Jakarta Commercial Court gave on Wednesday two more weeks to listed holding company PT Dharmala Sakti Sejahtera to restructure US$180 million in debts with its creditors or face a bankruptcy verdict.
Fri, 19 May 2000
Police officers deployed on trains
Police officers deployed on trains BANDUNG: In a bid to improve security aboard trains, Bandung's office of the state railway company PT KAI has stationed two Mobile Brigade police officers in every coach of trains departing from Bandung station, starting from Thursday.
Fri, 19 May 2000
Three arrested for burglaries
Three arrested for burglaries BOGOR (JP): Three men were arrested for a series of robberies on bungalows and villas in the hilly resort area of Puncak on Wednesday, police announced on Thursday.Bogor Police chief Lt. Col.
Fri, 19 May 2000
Navy ship collides with freighter in Java sea
Navy ship collides with freighter in Java sea SURABAYA (JP): One person is missing after the Pulau Ratewo warship collided with the Iris Masaudi freighter in Karang Jamuan waters off Gresik, East Java, on Tuesday, witnesses said on Thursday.Tanjung Perak Port Police chief Lt. Col.
Fri, 19 May 2000
Strengthening the rupiah
Strengthening the rupiah We welcome the President's instruction for finance minister Bambang Sudibyo to take the necessary steps and evaluate once again the possible effects that the declining value of the rupiah could have on the state budget.
Fri, 19 May 2000
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 17, 2000: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 725 0 0 Adindo Foresta Indonesia 400 50 507,000 Alakasa Industrindo 1,000 0 0 Alfa Retailindo 875 75...
Fri, 19 May 2000
Deliberation of bill on Banten province postponed
Deliberation of bill on Banten province postponed JAKARTA (JP): The government and the House of Representatives agreed to postpone deliberation of the bill on Banten province as they work to resolve "technical hurdles".
Fri, 19 May 2000
LoI signing moved after press boycott
LoI signing moved after press boycott JAKARTA (JP): A boycott by Palace journalists protesting coverage restrictions forced the signing of the Letter of Intent between the International Monetary Fund (IMF) and the government to be moved from its original venue at Bina Graha Presidential Office on...
Fri, 19 May 2000
KL condemns Rais over Anwar case
KL condemns Rais over Anwar case KUALA LUMPUR (AFP): Malaysia hit back on Thursday at "offensive" criticism by Indonesia's top legislator of the treatment of Anwar Ibrahim.Foreign Minister Syed Hamid Albar said the criticism by Amien Rais of the treatment of the jailed Malaysian ex-deputy premier...
Fri, 19 May 2000
Vendors of pirated VCDs say police's raid was unjust
Vendors of pirated VCDs say police's raid was unjust JAKARTA (JP): Pirated Video Compact Disc (VCD) vendors questioned the police over a raid conducted last Saturday, saying they were being treated unjustly.
Fri, 19 May 2000
Kartini's freedom
Kartini's freedomFrom GammaThe demands and hopes from many circles that Kartini Binti Karim, an Indonesian migrant worker spared from being stoned to death for suspected adultery, have been fulfilled. The Council of Judges of Fujairah Court, United Arab Emirates, declared Kartini free.
Fri, 19 May 2000
Memorandum of economic and financial policies
Memorandum of economic and financial policies The government signed a new letter of intent with the International Monetary Fund (IMF) on Wednesday May 17, 2000. The agreement is expected to free US$400 million in blocked IMF support funds by early June.
Fri, 19 May 2000
Customs seizes sex toys at Soekarno-Hatta Airport
Customs seizes sex toys at Soekarno-Hatta Airport TANGERANG (JP): Customs and Excise officers at Soekarno-Hatta International Airport have recently foiled a series of attempts to smuggle sex toys and Viagra pills into the country, an official said on Wednesday.
Fri, 19 May 2000
JIEP expects high occupancy rate this year
JIEP expects high occupancy rate this year JAKARTA (JP): State owned PT Jakarta Industrial Estate Pulogadung (JIEP) expects a stable occupancy rate this year despite negative reports on the country's investment climate.
Fri, 19 May 2000
Ratna's 'Alia' puts human face on Aceh's tragedy
Ratna's 'Alia' puts human face on Aceh's tragedyBy Rita Sri Hastuti JAKARTA (JP): White ropes hung down from the ceiling, separating the stage and the audience at Graha Bhakti Budaya at Taman Ismail Marzuki Cultural Center (TIM). The black cloth around the stage radiated a sense of grief.
Fri, 19 May 2000
Thai, KL sign cooperation pact
Thai, KL sign cooperation pact BANGKOK (AFP): Thailand and Malaysia signed on Thursday a new cooperation agreement which replaces a 20-year-old pact and addresses sticky issues including the border fence and new checkpoints.
Fri, 19 May 2000
Observers warn against increase in 'bad journalism'
Observers warn against increase in 'bad journalism' JAKARTA (JP): Observers and veteran journalists warned here on Tuesday against an increase in "bad journalism", and called on the media to regulate itself in upholding professionalism and its code of ethics.
Fri, 19 May 2000
Moral appeals won't stop spread of AIDS: Activist
Moral appeals won't stop spread of AIDS: Activist JAKARTA (JP): Graphic campaigns promoting condom use to prevent the spread of HIV/AIDS have failed to change sexual behavior, an expert said.Publisher of the Jakarta-based journal WartAIDS Chris W.
Fri, 19 May 2000
Dibyo grilled over July 27 case
Dibyo grilled over July 27 case JAKARTA (JP): Former National Police chief Gen. Dibyo Widodo appeared at his former office on Wednesday for questioning as a witness in the forcible takeover of the Indonesian Democratic Party (PDI) headquarters on July 27, 1996.
Fri, 19 May 2000
PSN plans listing on local stock exchanges
PSN plans listing on local stock exchanges JAKARTA (JP): Satellite communications provider PT Pasifik Satelit Nusantara (PSN) said on Wednesday it would list its shares on the Jakarta or Surabaya stock exchange after completing a debt-restructuring program with the Indonesian Bank Restructuring...
Fri, 19 May 2000
New Order's responsibility
New Order's responsibilityFrom TajukThe share of the same fate under foreign colonization in the past caused all existing ethnic groups in Indonesia to unite to establish the Republic of Indonesia. That happened at the beginning of the nation's struggle for freedom.
Fri, 19 May 2000
Jasindo aims to boost retail market revenue
Jasindo aims to boost retail market revenue JAKARTA (JP): State-owned general insurance firm PT Asuransi Jasa Indonesia (Jasindo) said on Wednesday that it would raise its retail-driven revenue to 20 percent from last year's 8 percent.
Fri, 19 May 2000
JAPFA wins chess tourney
JAPFA wins chess tourney JAKARTA (JP): JAPFA chess team of Surabaya beat Bali Jeff team of Bali 3-1 to claim the 2000 Indonesian chess league title at Novotel Surabaya on Wednesday. JAPFA pocketed Rp 8 million and Bali Jeff Rp 6 million.
Fri, 19 May 2000
Detectives sent to East Java for murder probe
Detectives sent to East Java for murder probe JAKARTA (JP): Tanjung Duren Police in West Jakarta has sent a team of detectives to East Java cities in search of a suspect, who allegedly stabbed to death a maidservant in an empty house and stole motorcycle on Wednesday morning.
Fri, 19 May 2000
Pirated VCD producers should be tried: Judge
Pirated VCD producers should be tried: Judge JAKARTA (JP): Pressure is mounting on the police to put producers and key distributors of pirated video compact discs (VCDs) on trial amid rampant VCD piracy.
Fri, 19 May 2000
False story
False story In the Sunday (April 9, 2000) edition, under Travel & Leisure you published a story Tropical winery contends with fungi, religious riots, which misreported that Hatten Wines of Bali is "The only winery in the world's largest Muslim nation ...
Fri, 19 May 2000
Wanaartha eyes lower end of market
Wanaartha eyes lower end of market JAKARTA (JP): PT Asuransi Jiwa Adisarana Wanaartha plans to increase its share in the Indonesian life insurance market by targeting middle-to-lower income groups, with the help of PT Pos Indonesia and Bukopin Bank.
Fri, 19 May 2000
IBRA critisizes Jakarta Commercial Court
IBRA critisizes Jakarta Commercial CourtBy Wachyudi Soeriaatmadja JAKARTA (JP): Seemingly confused, the Indonesian Bank Restructuring Agency (IBRA) has voiced concerns against 'funny' verdicts made by the Jakarta Commercial Court in bankruptcy cases filed by the agency against recalcitrant debtors.
Fri, 19 May 2000
Political gestures vital to calm the market
Political gestures vital to calm the market The Central Bureau of Statistics (BPS) revised downwards on Monday its projection regarding Indonesia's economic growth this year, from about 4 percent to 1.5 percent, due to continuing political instability.
Fri, 19 May 2000
RP storm claims four lives
RP storm claims four lives MANILA (AFP): Four people were killed on Thursday and 12,500 were displaced as a storm battered the main Philippine island of Luzon, the Red Cross said.A mother and her daughter were crushed to death by a wall which fell on their house in the town of Valenzuela north of...
Fri, 19 May 2000
What's up Gus?
What's up Gus? For the past six months, the nation has learned to cope with the eccentricities of President Abdurrahman Wahid's leadership. People in this country are actually beginning to accept his unconventional and at times controversial style as long as he delivers the goods.
Fri, 19 May 2000
Conversion Rates
Conversion Rates Bank Indonesia's conversion rates on May 17, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 8,010.00 9,010.00Australian dollar 1 4,577.72 5,153.72Austrian schilling 1 524.54 590.35Belgian franc 1 178.92 201.37Brunei dollar 1 4,622.31 5,202.38Canadian dollar 1 5,389.
Fri, 19 May 2000
Limited Levi's for Jakarta residents
Limited Levi's for Jakarta residents JAKARTA (JP): Amid the endless business and security uncertainties in Indonesia, particularly in the capital, Jakarta, one of the world's leading garment producers, Chicago-based Levi Strauss & Co, has decided to launch its new millennium products here.
Fri, 19 May 2000
Media boycott PDI-P news
Media boycott PDI-P news BANDUNG: Journalists in the Bandung Journalists Solidarity group have agreed to boycott all news concerning the Indonesian Democratic Party of Struggle (PDI Perjuangan) following the alleged torture of a reporter from Pikiran Rakyat daily by the party's security guards in...
Fri, 19 May 2000
China beats Indonesia to meet Denmark in Uber Cup final
China beats Indonesia to meet Denmark in Uber Cup finalBy Primastuti Handayani KUALA LUMPUR (JP): Indonesia found the going too tough against the heavily favored Chinese team in the Uber Cup badminton event, losing 0-3 in the semifinal at Putra Indoor Stadium on Wednesday.
Fri, 19 May 2000
Vietnam needs reform
Vietnam needs reform The Vietnamese administration is stepping up efforts to root out corruption. It is planning to update its laws on foreign investment. We hope for further improvements that will renew the flow of foreign capital.
Fri, 19 May 2000
Malaysian media blames BAM president for failure
Malaysian media blames BAM president for failure KUALA LUMPUR (JP): Following the defeat of host and runner-up Malaysia, local media has put the blame firmly on Badminton Association of Malaysia (BAM) president Abdullah Fadzil Che Wan, saying he should be held responsible.
Fri, 19 May 2000
Dead toll after Aceh latest clashes stands at 12
Dead toll after Aceh latest clashes stands at 12 BANDA ACEH, Aceh (JP): The signing of a peace accord between the Free Aceh Movement (GAM) and the government last week has failed to stop violence in Aceh; at least 12 people have been killed and two military personnel injured in separate incidents...
Fri, 19 May 2000
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Photo Exhibition: Private Expressions 2000, at Galeri Foto Cahya, Wisma Surya Kemang, Jl. Raya Kemang no. 33, South Jakarta (Phone: 7193731), South Jakarta, 10 a.m. to 8 p.m., until May 31.
Fri, 19 May 2000
30,000 Buddhists celebrates Waisak at Borobudur
30,000 Buddhists celebrates Waisak at Borobudur MAGELANG, Central Java (JP): Over 30,000 people joined prayers and meditations at Borobudur temple on Thursday, in observance of Waisak, the Buddha's Day of Enlightenment.
Fri, 19 May 2000
Antidumping -- remedy or protection?
Antidumping -- remedy or protection? This is the first of two articles on antidumping actions written by Herry Soetanto, director for multilateral cooperation of the Ministry of Industry and Trade, and Alfons Samosir, the ministry's deputy director for trade defense/remedy, based on a presentation...
Fri, 19 May 2000
Pirated VCDs
Pirated VCDsFrom NeracaThe destruction and torching of Harco shopping center in downtown Glodok, West Jakarta, started with riots around the VCD displays on the sidewalk. The root of the matter and a wise solution should be found to overcome the problem.
Fri, 19 May 2000
Public lacks appreciation of libraries, officials say
Public lacks appreciation of libraries, officials say JAKARTA (JP): Librarians are lamenting the lack of appreciation for libraries amid all the hubbub about globalization. Libraries will play an increasingly important role in the globalization era as a provider of information and "he who has...
Fri, 19 May 2000
Floods kill at least 38 people in East Nusa Tenggara
Floods kill at least 38 people in East Nusa Tenggara JAKARTA (JP): Floods following two days of rain in East Nusa Tenggara have killed at least 38 people and swept through hundreds of homes, Antara said on Thursday.
Fri, 19 May 2000
'Waisak' marks a sipiritual transformation
'Waisak' marks a sipiritual transformationBy Harkiman Racheman MEDAN, North Sumatra (JP): This year, Waisak, Buddha's Day of Enlightenment, was celebrated on May 18 by Buddhists worldwide. In Indonesia, a national commemoration by local Buddhists of various persuasions was centered around the...
Fri, 19 May 2000
C&C to pay Lazard $50m
C&C to pay Lazard $50m SINGAPORE (Bloomberg): Cycle & Carriage Ltd., Singapore's third largest auto distributor, will pay $50 million for most of Lazard Asia Fund's stake in PT Astra International, Indonesia's largest carmaker.Cycle & Carriage said in a statement it would purchase 3.