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Wed, 31 May 2000
Where to go in Surabaya, for Wednesday, May 31, 2000
Where to go in Surabaya, for Wednesday, May 31, 2000Exhibition * Fine Arts Exhibition: Sisi-sisi Surabaya 2000, at CCCL - French Cultural Center, Jl. Darmokali 10, May 31.Performance * Oranje First Annual Choir Competition, at Balai Adika Balroom, Hotel Majapahit, Mandarin Oriental, 6 p.m. to 9 p.m.
Wed, 31 May 2000
Febi, Hendri get contract extension
Febi, Hendri get contract extension JAKARTA (JP): Young Indonesian tennis players Febi Widhiyanto and Hendri Susilo Pramono will receive an extension of their contract with German-based PT Asuransi Allianz Life Indonesia for the 2001 period.
Wed, 31 May 2000
Lista admits links with Soemarjono
Lista admits links with Soemarjono SURABAYA (JP): Another suspect in fake money scandal, Lista Andriyani, admitted on Tuesday to involvement in fake money business with the main suspect Col. (Ret.) Soemarjono.
Wed, 31 May 2000
Report on Bank Central Asia: Setting the record straight
Report on Bank Central Asia: Setting the record straightBy Irma Stamboel JAKARTA (JP): There are several misconceptions related to the analysis contained in the equity research report on Bank Central Asia prepared by its lead underwriter PT Danareksa, as reflected in the article by Melville S.
Wed, 31 May 2000
Young shuttlers vow to join Thomas Cup team
Young shuttlers vow to join Thomas Cup team JAKARTA (JP): The national men's team's victory of bringing home the Thomas Cup four consecutive times and 12 times in history of the coveted cup has motivated young shuttlers to follow in their seniors' steps.
Wed, 31 May 2000
Satelindo restructures $583 million debt
Satelindo restructures $583 million debt JAKARTA (JP): PT Satelit Palapa Indonesia (Satelindo) signed agreements on Tuesday to restructure US$583 million in debts to more than 45 foreign and local creditors, including the Indonesian Bank Restructuring Agency (IBRA).
Tue, 30 May 2000
Stock quotations on JSX
Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on May 29, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 725 0 0 Adindo Foresta Indonesia 300 -25 325,000 Alakasa Industrindo 950 0 0 Alfa Retailindo...
Tue, 30 May 2000
After Ambon, Medan?
After Ambon, Medan? The bomb blasts that jolted Medan, North Sumatra, on Sunday and Monday morning bring to attention some disturbing similarities with those that rocked Ambon, in Maluku, a few years ago.
Tue, 30 May 2000
Cooperation needed to promote pencak silat
Cooperation needed to promote pencak silat JAKARTA (JP): The Indonesian traditional martial art and sport pencak silat has been recognized internationally but it has never received any special attention from the government here.
Tue, 30 May 2000
Chase raises $1b for Asia
Chase raises $1b for Asia HONG KONG (Dow Jones): Chase Capital Partners said Monday it has raised US$1.1 billion for its Asian private equity fund, and that it would soon be opening another private equity fund to invest in technology companies.
Tue, 30 May 2000
Rupiah sets weaker tone for Asian monies
Rupiah sets weaker tone for Asian monies HONG KONG (Dow Jones): Several bomb blasts in the Indonesian city of Medan were the catalyst for sharp losses in the rupiah Monday, setting a modestly weaker tone for most other Asian regional currencies.
Tue, 30 May 2000
Interpellation no plot to overthrow govt: PDI faction
Interpellation no plot to overthrow govt: PDI faction JAKARTA (JP): The Indonesian Democratic Party of Struggle (PDI Perjuangan) faction at the House of Representatives here on Monday assured that the majority support for an interpellation was not aimed at toppling President Abdurrahman Wahid.
Tue, 30 May 2000
JSX composite index hits one-year low
JSX composite index hits one-year low JAKARTA (JP): The Jakarta Stock Exchange (JSX) Composite Index dove on Monday to close at its lowest level since April, last year due to reports of bombings in Medan.
Tue, 30 May 2000
Conversion Rates
Conversion RatesBank Indonesia's conversion rates on May 29, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 8,050.00 9,050.00Australian dollar 1 4,620.70 5,199.23Austrian schilling 1 544.24 612.18Belgian franc 1 185.65 208.82Brunei dollar 1 4,644.32 5,224.27Canadian dollar 1 5,354.
Tue, 30 May 2000
Avoid copying Lebanon's mistakes
Avoid copying Lebanon's mistakesBy Omar Halim JAKARTA (JP): The end of the Israeli occupation of Lebanese territory will trigger a series of developments and bring new opportunities for Lebanon.The withdrawal of the Israeli Defense Forces (IDF) will bring an end their effective support for the...
Tue, 30 May 2000
Fiji's racial divide
Fiji's racial divide The situation in Fiji took a turn for the worse ... as supporters of coup leader George Speight looted the television station and fired shots aimed at harassing President Ratu Sir Kamisese Mara into resignation.
Tue, 30 May 2000
Familiar race card played in Fiji crisis
Familiar race card played in Fiji crisisBy Dewi Anggraeni MELBOURNE (JP): We live in an era where information technology bombards us with so much news that it is becoming harder to process even one tiny fraction of it.
Tue, 30 May 2000
Toll from Belu flooding estimated at Rp 761 billion
Toll from Belu flooding estimated at Rp 761 billion MAUMERE, East Nusa Tenggara (JP): The recent floods which swept the regency of Belu in East Nusa Tenggara province have inflicted a total of at least Rp 761 billion in financial losses, an official said.
Tue, 30 May 2000
Bambang faults IBRA concerning draft bill process
Bambang faults IBRA concerning draft bill process JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) will have to drop its plans to submit a controversial draft bill to the House of Representatives because the process has been improper, according to Finance Minister Bambang Sudibyo.
Tue, 30 May 2000
Papua congress to 'rectify' history opens in Irian Jaya
Papua congress to 'rectify' history opens in Irian Jaya JAYAPURA, Irian Jaya (JP): A landmark congress on the future of Irian Jaya opened on Monday amid appeals from Jakarta for West Papuans to remain within the republic.
Tue, 30 May 2000
Manila shells rebels ahead of peace talks
Manila shells rebels ahead of peace talks COTABATO, Philippines (Reuters): Philippine troops pounded a major separatist base with artillery and mortar fire on Monday on the eve of talks aimed at halting the bloodshed on the main southern island of Mindanao.
Tue, 30 May 2000
Oligopolies threat to Asian oil players
Oligopolies threat to Asian oil players KUALA LUMPUR (AFP): Mega-mergers in the world's oil industry will leave "midget" Asian players helpless against giant competitors, Malaysian Prime Minister Mahathir Mohamad warned Monday.
Tue, 30 May 2000
Bus torched after minor accident
Bus torched after minor accident JAKARTA (JP): Taman Sari residents torched a bus on Monday, after it accidentally hit a bajaj (three-wheeled taxi) on Jl. Mangga Dua Raya, Pinangsia area, West Jakarta.The Mayasari bus no.
Tue, 30 May 2000
Arms case defendant blames hotel staff
Arms case defendant blames hotel staff JAKARTA (JP): Haryogi M. Maulani, a defendant in a case involving alleged illegal firearms possession, testified before the West Jakarta District Court on Monday that a staff of a West Jakarta hotel sneaked into his room while he was asleep on the evening of...
Tue, 30 May 2000
JSX gets go ahead on new listing
JSX gets go ahead on new listing JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) sees no problem for the Jakarta Stock Exchange (JSX) to trade start-up companies.Bapepam chairman Herwidayatmo said the agency had yet to decide whether the JSX could go ahead with its new listing...
Tue, 30 May 2000
Soeharto's residence
Soeharto's residenceFrom Media IndonesiaAttorney General Marzuki Darusman's plan to move former president Soeharto from Jl. Cendana No 1 to another house for safety reasons and to prevent him from becoming the target of violent demonstrations has been reacted strongly by Anton Tabah.
Tue, 30 May 2000
PBSI looks to overhaul player recruitment system
PBSI looks to overhaul player recruitment system JAKARTA (JP): After Indonesian men's shuttlers brought home the Thomas Cup by defeating China on May 21, the Badminton Association of Indonesia (PBSI) has started grooming younger players to defend the sport's most prestigious team event in two years...
Tue, 30 May 2000
Fake banknote
Fake banknoteFrom Bisnis IndonesiaOn May 7, 2000 I withdrew money from Bank Internasional Indonesia's (BII) ATM in Kelapa Gading Mall amounting to Rp 1 million. When I used it to pay for something, one banknote was declared fake after it was passed through an ultra violet light.
Tue, 30 May 2000
New IMF boss Koehler to visit Jakarta
New IMF boss Koehler to visit Jakarta JAKARTA (JP): International Monetary Fund managing director Horst Koehler is scheduled to visit Jakarta on Sunday to examine the implementation of the country's economic reform measures.Finance minister Bambang Sudibyo confirmed on Monday the planned visit.
Tue, 30 May 2000
Share trader fined Rp 100m
Share trader fined Rp 100m JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) said on Monday it fined local capital market trader James Rachmat Subekti Rp 100 million (about US$11,765) for market manipulation.
Tue, 30 May 2000
House looking for more control in foreign affairs
House looking for more control in foreign affairs JAKARTA (JP): The House of Representatives is seeking a greater say in foreign affairs by demanding the government first seek its approval before committing to any international agreement.
Tue, 30 May 2000
Environmental significance
Environmental significanceFrom Media IndonesiaNature demands that man has to manage and preserve the environment. But, in practice, very few people do what should be done. We may not be aware that day by day the quality of our environment declines, and sooner or later will deteriorate until more...
Tue, 30 May 2000
Corporate farming concept not feasible
Corporate farming concept not feasible Minister of Agriculture M. Prakosa is designing a corporate farming concept, under which small farm areas will be consolidated into corporate farming units. H.S. Dillon, director of the Institute for Agricultural Policy Studies, thinks the plan will not work.
Tue, 30 May 2000
Sofjan denies travel ban still remains in effect
Sofjan denies travel ban still remains in effect JAKARTA (JP): Businessman Sofjan Wanandi refuted reports on Monday that he was banned from overseas travel, saying he had received permission to travel from President Abdurrahman Wahid himself.
Tue, 30 May 2000
44 dead in fresh N. Maluku violence
44 dead in fresh N. Maluku violence AMBON, Maluku (JP): The unabated bloodshed in North Maluku continued on Monday when at least 44 people were killed in a predawn attack on two villages on Halmahera island.Chief of the Pattimura Military Command overseeing Maluku, Brig. Gen.
Tue, 30 May 2000
Jakarta Futures Exchange faces delay
Jakarta Futures Exchange faces delay JAKARTA (JP): The inauguration of the Jakarta Futures Exchange (JFX), Indonesia's first commodities futures trading center, has been delayed once more from its opening date of July 1JFX president Hasan Zein Mahmud said on Monday there were still some critical...
Tue, 30 May 2000
Bondan resigns over Bulogate
Bondan resigns over Bulogate JAKARTA (JP): Acting State Secretary Bondan Gunawan became the latest high profile casualty in the Rp 35 billion State Logistics Agency (Bulog) scandal when he resigned Monday night, saying that he was just being used as an intermediate target before the president.
Tue, 30 May 2000
XL, Siemens, Satunet tie up
XL, Siemens, Satunet tie up JAKARTA (JP): Mobile telecommunications operator Excelcomindo Pratama signed an agreement with cellular phone manufacturer Siemens Indonesia and news portal Satunet on Monday to provide Internet access through wireless application protocol (WAP) enabled mobile telephones.
Tue, 30 May 2000
Rates for tax payment, valid from May 29 to June 4
Rates for tax payment, valid from May 29 to June 4 U.S. dollar 1 Rp 8,340.00Austrian schilling 1 547.11Australian dollar 1 4,737.12Belgian franc 1 186.62Canadian dollar 1 5,526.11Swiss franc 1 4,833.38Deutschemark 1 3,850.59Danish krone 1 1,013.06French franc 1 1,147.70Poundsterling 1 12,263.
Tue, 30 May 2000
Where to go in Bandung for Tuesday, May 30, 2000
Where to go in Bandung for Tuesday, May 30, 2000Exhibition * Art Stone and NTT Traditional Handycraft Exhibition by Mayorga Gallery and Joglocakra, at Grand Hotel Preanger Bandung, Jl. Asia Afrika No. 81 (Phone: 022 431631), 9 a.m. to 9 p.m., until May 31.
Tue, 30 May 2000
Girl trouble causes fracas
Girl trouble causes fracas PURWOKERTO, Central Java: Hundreds of people from Tunjung village, Banyumas regency ran amok and damaged seven houses on Sunday after one of their friends was beaten-up by neighboring villagers.
Tue, 30 May 2000
Man wanted for scam, fake money
Man wanted for scam, fake money JAKARTA (JP): Central Jakarta Police pledged to find the suspect in a fraud that involved counterfeit money, a police official said on Monday.Central Jakarta Police Precinct Second Lt.
Tue, 30 May 2000
Agriculture minister appoints new top officials
Agriculture minister appoints new top officials JAKARTA (JP): Minister of Agriculture M. Prakosa replaced on Monday almost all of key officials in the ministry and expanded directorate generals from three to five as part the ministry's restructuring program.
Tue, 30 May 2000
BCA's initial public offering: Let the buyer beware
BCA's initial public offering: Let the buyer bewareBy Melville S. Brown The following is the second of two articles on the Indonesian banking crisis. JAKARTA (JP): Public confidence in the nation's banking system continues to be fragile as news of improved performance in one bank is quickly...
Tue, 30 May 2000
Tutor Time ...
Tutor Time ... Ingrid's little boy was growing fast. Soon he would have to go to preschool. She started looking around for a good one. Ingrid found many schools in Jakarta but none that really satisfied her expectations.Reluctantly she put her son in one but without feeling good about doing so.
Tue, 30 May 2000
Top negotiator with GAM appeals for restraint
Top negotiator with GAM appeals for restraint BANDA ACEH, Aceh (JP): Senior diplomat Hassan Wirajuda, who is the government's chief negotiator with the Free Aceh Movement (GAM), called on all conflicting parties on Monday to exercise restrain to help restore peace in the province.
Tue, 30 May 2000
GINSI wants PSI system
GINSI wants PSI system JAKARTA (JP): The Indonesian Importers Association (GINSI) proposed to the government on Monday to re-impose the preshipment inspection (PSI) of imports to curb the recent increasing smuggling of various products into the country.
Tue, 30 May 2000
Italo-Indonesian trade relations, investments and activities
Italo-Indonesian trade relations, investments and activities During 1999, bilateral trade between Indonesia and Italy continued to show a surplus of US$379 million in favor of Indonesia. Data from the Central Board of Statistics indicate that Indonesia exported to Italy sports shoes, textile yarns,...
Tue, 30 May 2000
Police name 11 suspects in PDI HQ attack
Police name 11 suspects in PDI HQ attack JAKARTA (JP): The National Police Headquarters disclosed on Monday that its investigation of the attack on the Indonesian Democratic Party (PDI) headquarters on July 27, 1996 has been accomplished.
Tue, 30 May 2000
Striking workers cripple seaport
Striking workers cripple seaport JAKARTA (JP): Some 850 workers of the Jakarta International Container Terminal (JICT) in Tanjung Priok seaport, North Jakarta, went on strike on Monday, leaving the usually hectic port deserted and thousands of containers untouched at the docked vessels.