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Thu, 11 May 2000
Police question seven over killing of young woman
Police question seven over killing of young woman JAKARTA (JP): South Jakarta Police detectives are questioning seven people as witnesses in connection with the murder and possible rape of a young woman whose body was found in her rented room at Wisma Kos Super Ambassador on Jl.
Thu, 11 May 2000
GM Sadvakasov takes lead in JAPFA Open
GM Sadvakasov takes lead in JAPFA Open JAKARTA (JP): Grand Master (GM) Darmen Sadvakasov of Kazakhstan became the only player to stay on top with 7 match points (MP) at the JAPFA International Open 2000 at the Grand Bali Beach hotel, Sanur, Bali, on Wednesday.
Thu, 11 May 2000
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 10, 2000: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 725 0 0 Adindo Foresta Indonesia 425 25 3,249,000 Alakasa Industrindo 1,500 200 14,500 Alfa Retailindo...
Thu, 11 May 2000
Garment workers demand pay hike
Garment workers demand pay hike SEMARANG (JP): About 1,000 garment workers from Ungaran regency marched to the Central Java provincial legislative council on Wednesday, only to hear from the legislators they could not offer them much help.
Thu, 11 May 2000
Legislators mixed on abolition of civilian guards
Legislators mixed on abolition of civilian guards JAKARTA (JP): Mixed responses greeted on Wednesday the idea to abolish civilian guards affiliated to political parties and mass organizations.Legislator Heri Akhmadi of the Indonesian Democratic Party of Struggle (PDI Perjuangan) agreed that the...
Thu, 11 May 2000
Past abuses of the military being stamped out: Juwono
Past abuses of the military being stamped out: Juwono JAKARTA (JP): Minister of Defense Juwono Sudarsono said on Wednesday that abuses by the military were slowly being stamped out, but warned that such efforts would take time.
Thu, 11 May 2000
Will RI's infant democracy survive to full maturity?
Will RI's infant democracy survive to full maturity? WASHINGTON: If the astonishing advances that democracy achieved in the past decade are to continue a few countries are key. Nigeria and South Africa on their continent, Colombia in South America, Ukraine and Poland in Eastern Europe -- these are...
Thu, 11 May 2000
Conversion Rates
Conversion Rates Bank Indonesia's conversion rates on May 10, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,660.00 8,660.00Australian dollar 1 4,461.95 5,048.78Austrian schilling 1 504.57 570.75Belgian franc 1 172.11 194.69Brunei dollar 1 4,429.03 5,010.12Canadian dollar 1 5,140.
Thu, 11 May 2000
Pupuk Kaltim and Indo Farma seen as first IPO candidates
Pupuk Kaltim and Indo Farma seen as first IPO candidatesBy Reiner S SANUR, Bali (JP): The government expects to be able to start selling state fertilizer firm PT Pupuk Kaltim and pharmaceutical company PT Indo Farma late in July or August.
Thu, 11 May 2000
Asian monies down on fears of U.S. rate hike
Asian monies down on fears of U.S. rate hike SINGAPORE (Dow Jones): Asian currencies slumped on Wednesday as the dollar continued to build momentum ahead of next week's expected interest rate hike in the U.S.
Thu, 11 May 2000
Workers demand salary increase
Workers demand salary increase JAKARTA (JP): Some 700 workers from four different companies protested in the House of Representatives (DPR) compound on Wednesday, demanding their employers raise their salaries by up to 150 percent.
Thu, 11 May 2000
Marubeni waives Chandra Asri's debt
Marubeni waives Chandra Asri's debt TOKYO (Nikkei): Marubeni Corp. will waive about US$100 million in debt in return for shares in PT Chandra Asri, a petrochemicals joint venture with the Indonesian government, the Nihon Keizai Shimbun reported in its Wednesday evening edition, citing sources with...
Wed, 10 May 2000
Police arrest four students for murder
Police arrest four students for murder JAKARTA (JP): South Jakarta Police detectives have arrested four senior high school students in the past two days over the killing of another student, Leo Henriyanto, 18, during a brawl on Saturday, a police officer said on Tuesday.
Wed, 10 May 2000
Independence lost?
Independence lost?From PanjiIn any political structure it is common to see intellectuals join the ruling regime. In the Sukarno era this phenomenon was quite evident, as the intellectuals were generally involved in and became part of the revolution. In fact, Sukarno and Moh.
Wed, 10 May 2000
Investment in forestry, plantations at zero level
Investment in forestry, plantations at zero level JAKARTA (JP): Virtually no new money has entered the forestry and plantation sectors the past two years because potential investors have been frightened off, an executive said on Tuesday.
Wed, 10 May 2000
Misery of Kedungombo villagers lingers
Misery of Kedungombo villagers lingersBy Kartika Bagus C. KEDUNGOMBO, Central Java (JP): A five-by-two meter motorboat carries two elderly women across the vast Kedungombo reservoir. Two men sitting opposite them chat and occasionally puff on their kretek cigarettes.
Wed, 10 May 2000
Honoring contracts
Honoring contracts President Abdurrahman Wahid's reaffirmation on Monday of the Indonesian government's full commitment to honor contracts with international companies seems designed to assuage the fears of investors pending the decentralization of political and fiscal authority to the provinces...
Wed, 10 May 2000
Political discord 'hampers business'
Political discord 'hampers business' JAKARTA (JP): The Indonesian Chamber of Commerce and Industry (Kadin) urged politicians and the government on Tuesday to enhance political stability by not exaggerating political differences.
Wed, 10 May 2000
Draft bill on regional autonomy under fire
Draft bill on regional autonomy under fire JAKARTA (JP): The government's draft regulation on regional autonomy sparked severe debate here on Tuesday as legislators and experts criticized its failure to delegate enough authority to the regions.
Wed, 10 May 2000
Golden Truly closes earlier than scheduled
Golden Truly closes earlier than scheduled JAKARTA (JP): PT Bima Nuansa Cempaka, the parent company of the Golden Truly department store chain, has closed its outlet on Jl. Fatmawati in South Jakarta some weeks earlier than a May 31 agreement.
Wed, 10 May 2000
Acehnese to hold mass prayer ahead of peace accord
Acehnese to hold mass prayer ahead of peace accord BANDA ACEH, Aceh (JP): Classes will be suspended across strife-torn Aceh on Friday while students and teachers gather together for mass prayers ahead of the signing of a memorandum of understanding between the government and the Free Aceh Movement...
Wed, 10 May 2000
Problems facing teachers greater than low pay alone
Problems facing teachers greater than low pay aloneBy Mochtar Buchori JAKARTA (JP): The teachers' demand for a salary increase is only one aspect of a greater problem. Their grievance does not come only from their meager salaries, but from the loss of their professional dignity and social standing.
Wed, 10 May 2000
Bank consortium to help export-oriented firms
Bank consortium to help export-oriented firms JAKARTA (JP): Minister of Industry and Trade Luhut Pandjaitan said on Tuesday the government planned to set up a consortium of two state and seven foreign banks to provide financing facilities for export-oriented firms.
Wed, 10 May 2000
Two RI players on top in JAPFA Open
Two RI players on top in JAPFA Open JAKARTA (JP): International Master (IM) Danny Juswanto and IM Cerdas Barus are two Indonesian chess players who stayed in the top position with 6 match points (MP) at the JAPFA International Open 2000 tournament in the Grand Bali Beach Hotel, Sanur, Bali.
Wed, 10 May 2000
Marsinah's death remembered
Marsinah's death remembered SURABAYA: About 100 activists from the Workers-People Society movement staged a drama in front of Brawijaya Military Command on Monday in commemoration of the murder of labor activist Marsinah.
Wed, 10 May 2000
Tutut sues 11 banks for loan delay
Tutut sues 11 banks for loan delay JAKARTA (JP): The eldest daughter of former president Soeharto Siti Hardiyanti Rukmana, also known as Mbak Tutut, is demanding that 11 local banks pay her company US$55 million in compensation due to a delay in the disbursement of loans.
Wed, 10 May 2000
Police probe supermarket attack
Police probe supermarket attack JAKARTA (JP): South Jakarta Police detectives are investigating Monday's night attack on a supermarket in Kebayoran Lama allegedly by 50 military men.South Jakarta Police chief of detectives Maj.
Wed, 10 May 2000
RI boys team lose to Korea in NEC opener
RI boys team lose to Korea in NEC opener JAKARTA (JP): Indonesia's under-16 tennis team lost to South Korea 1-2 in its opening group one match in the qualifying round in the Asia/Oceania zone of the NEC World Youth Cup on Tuesday.
Wed, 10 May 2000
JSX told to provide more evidence on Lippo e-Net
JSX told to provide more evidence on Lippo e-Net JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) has asked the management of the Jakarta Stock Exchange (JSX) to provide more evidence on alleged misleading information given by publicly listed PT Lippo e-Net.
Wed, 10 May 2000
Maskapai Reasuransi's profit down
Maskapai Reasuransi's profit down JAKARTA (JP): PT Maskapai Reasuransi Indonesia Tbk, a publicly listed reinsurance company, reported on Tuesday a 40 percent drop in net profits to Rp 2.75 billion (US$35,000) in 1999 from Rp 4.55 billion in 1998.Company president R.A.
Wed, 10 May 2000
Govt, Marubeni to split Chandra Asri 80%:20%
Govt, Marubeni to split Chandra Asri 80%:20% JAKARTA (Dow Jones): After long and tedious negotiations, the Indonesian government and Japan's Marubeni Corp. (J.MRB) have agreed in principle to split PT Chandra Asri Petrochemical Center's equity 80 percent: 20 percent, a government official said on...
Wed, 10 May 2000
Tangerang council fires speaker and deputies
Tangerang council fires speaker and deputies TANGERANG (JP): A plenary session held by 35 legislators of Tangerang Council on Monday dismissed speaker Gian Sugiharsono and three of his deputies following a mob attack at the council building two weeks ago.
Wed, 10 May 2000
Residents seek help
Residents seek help BANDUNG: Hundreds of Tenjolaut and Cikalong villagers went to the provincial legislature on Monday to protest alleged intimidation by state-owned tea plantation company PTPN VIII Panglejar in a land dispute.
Wed, 10 May 2000
Private parking lot operators balk at new rates
Private parking lot operators balk at new rates JAKARTA (JP): A lawyer for the Communication Forum for Private Parking Operators (FKPPS) insisted on Tuesday the group would sue the city if it held to a plan to seal private parking lots which did not comply with a new rate structure.
Wed, 10 May 2000
Indonesia yet to have democratic culture
Indonesia yet to have democratic cultureBy Cornelis Lay The following article is based on a paper presented at a conference on Europe, East Timor and Indonesia in Bogor on May 2, 2000. This is the first of two articles.
Wed, 10 May 2000
Traveling councillors told not to visit Israel
Traveling councillors told not to visit Israel JAKARTA (JP): City Council Speaker Edy Waluyo has instructed 12 members of Commission C for financial affairs, who are on an overseas trip financed by the city budget, to cancel their visit to Israel, a senior councillor said on Tuesday.
Wed, 10 May 2000
Government wants jihad force to leave Maluku
Government wants jihad force to leave Maluku JAKARTA (JP): The government said on Wednesday it wanted all Laskar Jihad (Jihad Force) Muslim group members to leave Maluku because their presence would only worsen the fragile situation in the riot-torn region.
Wed, 10 May 2000
Bank bailouts in Asia add to bond market woe
Bank bailouts in Asia add to bond market woe CHIANG MAI, Thailand (Dow Jones): Bank bailouts in Asia in the past few years have prompted an explosion of bond issuance, which threatens to compound the problem of underdeveloped debt market mechanisms, according to analysts and some government...
Wed, 10 May 2000
Military welcome Papuan rights body
Military welcome Papuan rights body JAYAPURA, Irian Jaya: The National Commission on Human Rights' (Komnas HAM) plan to open a branch office here has received support, including from military authorities.Irian Jaya Military commander Maj. Gen.
Wed, 10 May 2000
Twists of fate for Sukarno, Soeharto
Twists of fate for Sukarno, SoehartoFrom Media IndonesiaI refer to Media Indonesia's report on May 6 headlined Relatives continue to take care of former president Soeharto. I am prompted to make a short comment on the similarities and the differences in treatment of the country's first president,...
Wed, 10 May 2000
On signing of MOU
On signing of MOU The Indonesian government announced that on May 12 or May 13 a memorandum of understanding (MOU) will be signed between the Indonesian government and the Free Aceh Movement (GAM) in Geneva.
Wed, 10 May 2000
At least 30,000 quake refugees badly treated
At least 30,000 quake refugees badly treated MAKASSAR, South Sulawesi (JP): At least 30,000 people rendered homeless by last week's earthquake in Central Sulawesi have insufficient food and water. Meanwhile, the death toll reached 46 on Tuesday.
Wed, 10 May 2000
Where to go in Surabaya:
Where to go in Surabaya:Performances * Ensemble Concerts, at Balai Adika Balroom, Hotel Majapahit, Mandarin Oriental, Jl. Tunjungan 65 (Phone: 031 5454333): Dutch musicians, 8 p.m. to 9 p.m., May 10. Midas Ensemble by Clara de Vries, Gerard Zuyderhoff, Steven Faber, 7:30 p.m., May 19.
Wed, 10 May 2000
Prabowo suggests supervision of intelligence
Prabowo suggests supervision of intelligence JAKARTA (JP): Lt. Gen. (ret) Prabowo Subianto made his first public appearance here in nearly two years, proclaiming he was back for good and suggesting that the legislature keep a close eye on intelligence operations to prevent their exploitation for...
Wed, 10 May 2000
C&C eyes more Astra shares
C&C eyes more Astra shares SINGAPORE (Dow Jones): Singapore's Cycle & Carriage Ltd. confirmed Tuesday that it is in discussions with Lazard Fund Asia to buy a 4 percent stake, or 103 million shares, which Lazard holds in Indonesia's PT Astra International.
Wed, 10 May 2000
Soeharto had no intention of creating July 1996 unrest: Soeyono
Soeharto had no intention of creating July 1996 unrest: Soeyono JAKARTA (JP): Unlike other retired generals who have testified against former president Soeharto, former Armed Forces (ABRI) chief of general affairs Lt. Gen.
Wed, 10 May 2000
Cigarette makers defy regulation, activist says
Cigarette makers defy regulation, activist says JAKARTA (JP): Cigarette manufacturers remain defiant of government regulations enacted to curb the hazardous content of their products, a medical association activist said on Tuesday.
Wed, 10 May 2000
Principal elects new chief
Principal elects new chief JAKARTA (JP): Principal Indonesia, a member of the Principal Financial Group, announced on Tuesday changes in its board of directors.The company said Jeffrey P. Newnam, who was previously vice president, was named president of the company, replacing F. Dough Rasmussen.
Wed, 10 May 2000
Tancho share issuance set
Tancho share issuance set JAKARTA (JP): PT Tancho Indonesia, a publicly listed producer of cosmetics, perfumes and plastic goods, plans a share issuance later this month to raise funds to finance the construction of a plastic package factory.
Wed, 10 May 2000
Sarwono sets terms for lease of Indonesian islets
Sarwono sets terms for lease of Indonesian islets JAKARTA (JP): Foreign investors wishing to lease islets in Indonesian waters must comply with conservation standards and their businesses have to be community-based, Minister of Maritime Exploration Sarwono Kusumaatmaja said on Tuesday.