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Fri, 05 May 2000
United we stand
United we standFrom Pikiran RakyatWe feel the economic crisis day in day out, as the rate of the rupiah against the U.S. dollar ranges from Rp 7,000 to Rp 8,000. The government has made numerous efforts to stabilize the economy of this beloved country.
Fri, 05 May 2000
Stock quotations on JSX
Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on May 4, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 775 0 0 Adindo Foresta Indonesia 400 0 215,000 Alakasa Industrindo 900 -25 4,000 Alfa Retailindo...
Fri, 05 May 2000
Foreigners arrested on sodomy charges
Foreigners arrested on sodomy charges MEDAN: Local police arrested two foreigners on Thursday on charges of sodomizing underaged boys.Police arrested the two men -- Rendal Mardet, 29, and Manfred H.X Has, 56, -- during a raid on the house they were renting in the Rivera Tanjung Morawa housing...
Fri, 05 May 2000
IndoExchange.com to launch textile portal
IndoExchange.com to launch textile portal JAKARTA (JP): IndoExchange.com, Indonesia's first Internet company that specializes in business and financial information and transactions, will soon launch a textile portal and facilitate online insurance transactions.
Fri, 05 May 2000
Educators disappointed with allowance increase
Educators disappointed with allowance increase JAKARTA (JP): The decision to increase the functional allowance for teachers by 150 percent failed to elicit praise from educators.The policy still reflects the government's unfairness toward the profession, teachers and education experts told The...
Fri, 05 May 2000
Comparison between IBRA and Danaharta
Comparison between IBRA and Danaharta This is the second of two articles by Sidhesh Kaul, a Jakarta- based regional commentator on political and economic affairs, on bank restructuring efforts in Indonesia and Malaysia.
Fri, 05 May 2000
Navy needs more ships, aircraft to safeguard waters
Navy needs more ships, aircraft to safeguard waters SEMARANG (JP): Navy Chief of Staff Adm. Achmad Sutjipto said Indonesia required at least 239 patrol ships and 114 aircraft to safeguard its waters.Sutjipto said in a written statement presented during a seminar on maritime affairs at Diponegoro...
Fri, 05 May 2000
DLLAJ criticized for seizure of water truck
DLLAJ criticized for seizure of water truck JAKARTA (JP): Public Land Transportation Agency (DLLAJ) officials are in trouble after they allegedly unlawfully seized a water truck on Monday during a routine operation in Rawa Buaya, West Jakarta, a city official said on Thursday.
Fri, 05 May 2000
Two corners of RI at the Sydney Opera House
Two corners of RI at the Sydney Opera HouseBy Dewi Anggraeni SYDNEY (JP): You close your eyes and relax your senses. Almost involuntarily images of peaceful West Javanese countryside descend on you. Then scenes of folktales of Nagari Pasundan begin to insinuate themselves into your consciousness.
Fri, 05 May 2000
S'pore board to visit RI
S'pore board to visit RI SINGAPORE (AFP): Singapore trade officials will lead local companies on visits to Indonesia, the Philippines and Thailand to explore business opportunities, a statement said Thursday.
Fri, 05 May 2000
Chopin recitals at the Dharmawangsa
Chopin recitals at the Dharmawangsa JAKARTA (JP): The works of Chopin, one of the greatest musical masterpieces, will fill in the air at the Dharmawangsa hotel in South Jakarta, this weekend.The Nusantara Symphony Orchestra, formerly known as the Nusantara Chamber Orchestra, will perform the Chopin...
Fri, 05 May 2000
RI future 'hinges' on handling of military
RI future 'hinges' on handling of military JAKARTA (AFP): The future of post-Soeharto Indonesia hinges on how the nation handles its military, according to a report by the International Institute of Strategic Studies (IISS) released Thursday.
Fri, 05 May 2000
Monetary aides fret over Asian forex systems
Monetary aides fret over Asian forex systems WASHINGTON (Dow Jones): The International Monetary Fund and some of its biggest financial backers are growing worried about what they say may be a tendency among recovering Asian economies to revert implicitly to fixed exchange-rate systems.
Fri, 05 May 2000
Additional food for refugees
Additional food for refugees ATAMBUA, East Nusa Tenggara: Care International has supplied additional food for 6,200 malnourished East Timorese children and women in refugee camps in Atambua.Herman Y. Watin, a staff member of Care International, said here on Thursday that since January aid...
Fri, 05 May 2000
Gosper backs E. Timor's inclusion in Olympics
Gosper backs E. Timor's inclusion in Olympics SYDNEY (AP): International Olympic Committee vice president Kevan Gosper is backing the latest bid to have East Timor included in the Sept. 15-Oct. 1 Sydney 2000 Olympics.
Fri, 05 May 2000
Kiwi Brands changes name
Kiwi Brands changes name JAKARTA (JP): PT Kiwi Brands Indonesia, the parent company of PT Kiwi Indonesia and PT Prodenta Indonesia, has changed its name to PT Sara Lee Indonesia.President of Sara Lee Indonesia Spike Braunius said on Wednesday the change which became effective on April 12 also...
Fri, 05 May 2000
Crossing guards seek changes to outmoded system
Crossing guards seek changes to outmoded system JAKARTA (JP): Railway crossing guards still operating manual indicator devices have suggested state railway company PT Kereta Api Indonesia (PT KAI) immediately replace them with automatic ones to avoid further accidents.
Fri, 05 May 2000
Job seekers outnumber vacancies
Job seekers outnumber vacancies BOJONEGORO, East Java: Unemployment remains a major concern in this small East Java town, with the number of registered unemployed 13 times higher than available job vacancies.
Fri, 05 May 2000
JSX, Danareksa ink deal
JSX, Danareksa ink deal JAKARTA (JP): The Jakarta Stock Exchange (JSX) and Danareksa Investment Management have signed a memorandum of understanding on developing investment products that comply with the Islamic syariah law.
Fri, 05 May 2000
Asia crude prices down, sluggish trade on China
Asia crude prices down, sluggish trade on China SINGAPORE (Dow Jones): Asian and Persian Gulf crude values are lower late Thursday from Wednesday, with spot trade sluggish on the absence of Japan-based and China-based buyers.
Fri, 05 May 2000
Violence continues despite peace plan
Violence continues despite peace plan JAKARTA (JP): Violence continues to plague the restive province of Aceh ahead of next week's peace accord between the Indonesian government and the separatist Free Aceh Movement (GAM).
Fri, 05 May 2000
Pelti to file Fed Cup complaint
Pelti to file Fed Cup complaint JAKARTA (JP): The Indonesian Tennis Association (Pelti) will file a complaint with the International Tennis Federation (ITF) to protest a nontechnical disruption during the Fed Cup Asia Oceania Zone group one playoff, team manager Martina Wijaya said on Thursday.
Fri, 05 May 2000
Woman sues doctors for leaving bullet in her body
Woman sues doctors for leaving bullet in her body JAKARTA (JP): A woman filed a Rp 2.4 billion (US$320,000) lawsuit against three doctors over a bullet that was not removed from her right hip during an operation last July.
Fri, 05 May 2000
Cacuk leads real estate sale in Singapore
Cacuk leads real estate sale in Singapore SINGAPORE (Bloomberg): Cacuk Sudarijanto, chairman of Indonesia's bank restructuring agency (IBRA), meets with potential buyers in Singapore Friday (today) of the US$7.5 billion of real estate under the agency's control.
Fri, 05 May 2000
AAAA seeks support for reelection of Bob Hasan
AAAA seeks support for reelection of Bob Hasan JAKARTA (JP): The Asian Amateur Athletics Association (AAAA) is drumming up support for the reelection of Mohamad "Bob" Hasan as the organization's chairman.
Fri, 05 May 2000
KONI sees Thomas/Uber Cup as Olympic stepping-stone
KONI sees Thomas/Uber Cup as Olympic stepping-stone JAKARTA (JP): The National Sports Council (KONI) considers the Thomas and Uber cups, badminton's premier team events, as the benchmark for its goals in the Olympic Games in Sydney in September.
Fri, 05 May 2000
Conversion Rates
Conversion RatesBank Indonesia's conversion rates on May 4, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,450.00 8,450.00Australian dollar 1 4,392.52 4,986.35Austrian schilling 1 481.80 546.72Belgian franc 1 164.35 186.49Brunei dollar 1 4,331.40 4,915.65Canadian dollar 1 4,989.
Fri, 05 May 2000
Swimmers warm up in national event
Swimmers warm up in national event JIMBARAN, Bali (JP): The National Age Group Swimming Championships would serve as a tryout for Indonesian athletes before competing in the ASEAN Age Group Swimming Invitation, said the Indonesian Swimming Federation (PRSI) Secretary General Abdurrahim Napitupulu...
Fri, 05 May 2000
Falling trees land on vehicles in storm
Falling trees land on vehicles in storm JAKARTA (JP): Vehicles in several parking lots were damaged after trees and branches fell on them when a storm lashed the capital on Thursday afternoon.No fatalities were recorded but the downpour, which lasted less than two hours, inundated several major...
Fri, 05 May 2000
Minister suggests Inhutani hold all forestry rights
Minister suggests Inhutani hold all forestry rights JAKARTA (JP): Minister of Forestry and Plantations Nur Mahmudi Ismail proposed on Thursday the appointment of state-owned Perum Inhutani as the single holder of the country's forestry concession rights.
Fri, 05 May 2000
Qantas flies into Dili
Qantas flies into Dili DILI (AP): Qantas Airways Ltd. became the second Australian airline to inaugurate services to East Timor Thursday, but competition on the lucrative route linking Dili with Darwin hasn't resulted in better prices for travelers.
Fri, 05 May 2000
President encourages Arabs to invest here
President encourages Arabs to invest here JAKARTA (JP): President Abdurrahman Wahid courted Arab investors on Thursday, assuring them his administration would establish a conducive environment for their operations.
Thu, 04 May 2000
Mall security guard fatally mobbed
Mall security guard fatally mobbed JAKARTA (JP): West Jakarta Police detectives are looking for four men who they believe mobbed to death a mall security guard after dragging him from his house in Rawa Buaya, Cengkareng.West Jakarta Police chief of detectives Capt.
Thu, 04 May 2000
Police arrest two, seize drugs
Police arrest two, seize drugs JAKARTA (JP): City Police detectives apprehended a married couple on Tuesday for possession of 1,863 ecstasy pills, 590 grams of shabu-shabu (crystal methamphetamine), some marijuana, a pistol and some bullets at their house on Jl.
Thu, 04 May 2000
Poverty alleviation program helps the poorest of the poor
Poverty alleviation program helps the poorest of the poorBy I Wayan Juniarta KARANGASEM, East Bali (JP): Imagine what it is like to wake up each day with no clean water, little food and no place to take an ailing child.
Thu, 04 May 2000
Where to go in Bali for Thursday, May 4, 2000
Where to go in Bali for Thursday, May 4, 2000Exhibitions * Painting Exhibition, Seni Lukis Kaca Nagasepaka, Buleleng, at Museum Puri Lukisan, Jl. Raya Ubud, Gianyar (Phone: 0361 975136), 8 a.m. to 4 p.m., until May 23. * Painting Exhibition at Seniwati Showspace, Jl. Raya Ubud, until May 31.
Thu, 04 May 2000
Deposit insurance: Moral hazard here to stay
Deposit insurance: Moral hazard here to stay HONG KONG (Dow Jones): The absence deposit insurance spelled financial disaster for Indonesia in October 1997, reinvigorating a debate about how much governments should be willing to guarantee banks.
Thu, 04 May 2000
Govt, IMF yet to reach final accord
Govt, IMF yet to reach final accord JAKARTA (JP): The government and the International Monetary Fund have completed the review of Indonesia's reform measures but have yet to agree on a new letter of intent (LoI), Coordinating Minister for the Economy, Finance and Industry Kwik Kian Gie said on...
Thu, 04 May 2000
Rozy Munir appoints 31 directors to office
Rozy Munir appoints 31 directors to office JAKARTA (JP): State Minister for Investment and State Enterprises Development Rozy Munir swore in 31 directors to his office on Wednesday, just one week after he moved into the job.
Thu, 04 May 2000
Team set up to probe Nomensen case
Team set up to probe Nomensen case MEDAN, North Sumatra (JP): North Sumatra Police chief Brig. Gen. Sutanto vowed on Wednesday to investigate the bloody clash which claimed the lives of two Nomensen Christian University students on Monday.
Thu, 04 May 2000
Cartoonist Eddy Hermanto exhibits his serious side
Cartoonist Eddy Hermanto exhibits his serious sideBy Wawan S. Husin BANDUNG (JP): Gallery Bandung, one of the few galleries in the West Java capital that "dares to be different", is exhibiting about 30 works of cartoonist Eddy Hermanto.
Thu, 04 May 2000
Private parking operators threaten to sue government
Private parking operators threaten to sue government JAKARTA (JP): Operators of privately owned shopping centers warned on Wednesday that they would sue the city administration if it went ahead with its plan to close down the city's private parking lots for their failure to adjust their parking...
Thu, 04 May 2000
Indonesian team manager hopeful of Thomas Cup chances in KL
Indonesian team manager hopeful of Thomas Cup chances in KL JAKARTA (JP): Indonesia's team manager Sumaryono expressed optimism about the men's shuttlers chance of retaining the Thomas Cup for the 12th time in the Thomas and Uber Cup championships in Kuala Lumpur next week.
Thu, 04 May 2000
Alleged con artist nabbed in Yogyakarta
Alleged con artist nabbed in Yogyakarta JAKARTA (JP): Central Jakarta Police detectives are awaiting the arrival of their counterparts from Yogyakarta who are expected to hand over a 55-year-old woman accused of having collected Rp 470 million by deceiving 12 people, including a Navy officer.
Thu, 04 May 2000
Students hunger for cheap school fees
Students hunger for cheap school fees MAKASSAR, South Sulawesi: Two students of the state-run Hassanudin University staged a hunger strike and hung themselves in front of the university's main gate to demand cheaper school tuition.M.
Thu, 04 May 2000
South Jakarta court annuls mining agreement
South Jakarta court annuls mining agreement JAKARTA (JP): The South Jakarta District Court has annulled an agreement between Canadian mining firm Ag Armeno Mines and Minerals Inc. and Indonesian mining entrepreneur Yusuf Merukh over the acquisition of shares in the Batu Hijau gold project in West...
Thu, 04 May 2000
Between IBRA and Danaharta
Between IBRA and Danaharta This is the first of two articles by Sidhesh Kaul, a Jakarta- based regional commentator on economic and political issues, on bank restructuring efforts in Indonesia and Malaysia.
Thu, 04 May 2000
Act firmly on Aceh rebels!
Act firmly on Aceh rebels! If we read the news in our dailies, especially about the violence in Aceh, we cannot help feeling that the situation there is going from bad to worse. The police are attacked almost every day and casualties among civilians and members of the police are mounting.
Thu, 04 May 2000
SingTel buys 30% of CyberCity
SingTel buys 30% of CyberCity JAKARTA (JP): Singapore Telecommunications (SingTel) has bought a 30 percent share of PT CyberCity Indonesia (CCI), which is developing a 10-hectare site in Kemayoran for domestic and international Internet-related businesses.
Thu, 04 May 2000
Military witnesses in Aceh trial defend shooting
Military witnesses in Aceh trial defend shooting BANDA ACEH, Aceh (JP): Three military witnesses testified on Wednesday that troops fired in self-defense after Islamic leader Tengku Bantaqiah and his followers attacked them in Beutong Ateuh village, West Aceh, last year.Second Cpl.