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Fri, 02 Jun 2000
Cold reception for a strong currency
Cold reception for a strong currencyBy Frank Vinke This is the first of a two-part article looking at the fate of the euro and its prospects. JAKARTA (JP): On Jan. 1 1999, 11 member countries of the European Union merged their currencies to form a brand new monetary unit, the euro.
Fri, 02 Jun 2000
10 firms prepared for privatization
10 firms prepared for privatization JAKARTA (JP): Ten state-owned companies have been put on a primary list for privatization this year, according to an updated master plan to be issued by the Office of the State Minister of State Enterprises and Investment.
Fri, 02 Jun 2000
BCA's debut fails to boost sentiment on capital market
BCA's debut fails to boost sentiment on capital market JAKARTA (JP): Bank Central Asia's much waited stock market debut on Wednesday failed to boost the bearish sentiment on the local exchange as lingering uncertainty over the political and social situations continued.
Fri, 02 Jun 2000
Int'l Ramayana seminar in Bali
Int'l Ramayana seminar in Bali DENPASAR, Bali: About 400 participants from 40 countries are scheduled to participate in a seminar on the Hindu epics Ramayana and Mahabharata, to be held at Udayana University here on Sept. 13 to Sept. 15.
Fri, 02 Jun 2000
Why not use local language!
Why not use local language! Besides locally assembled personal computers (PCs), there are a lot of ready built PCs entering the Indonesian market. Hewlett Packard, Compaq and Acer to mention but a few. All these brands appear almost everyday in print advertisements, side by side with local brands.
Fri, 02 Jun 2000
Parking at Graha Medika
Parking at Graha MedikaFrom KompasIn March, my family and I traveled from Bandung to Jakarta to see one of our relatives who was being treated at Graha Medika Hospital. We were at the hospital for about 30 minutes. When we returned to our car, the front right signal lamp was on the ground.
Fri, 02 Jun 2000
Ex-drug addict Iskandar caught up in the beauty of art
Ex-drug addict Iskandar caught up in the beauty of art BANDUNG (JP): "One day I was dying to buy shabu-shabu (crystal methamphetamine) because I had gone without the drug for a week," Iskandarsyah recalled. But I did not have enough money and the drug dealer refused to give me the substance.
Fri, 02 Jun 2000
Cage for Soeharto
Cage for Soeharto If everything goes according to plan, one of world's former richest and most powerful people, according to Forbes magazine, will soon be put in a "cage" in his own house. In other words, placed under house arrest.
Fri, 02 Jun 2000
Asian currencies mostly stronger
Asian currencies mostly stronger HONG KONG (Dow Jones): The Indonesian rupiah gained ground Thursday on talk the government is considering capital controls, while the won lost some in part on concerns that Korea's chaebol haven't yet overcome their liquidity problems.
Fri, 02 Jun 2000
Unrest blamed on Soeharto's supporters
Unrest blamed on Soeharto's supporters JAKARTA (JP): Minister of Defense Juwono Sudarsono said on Thursday he believed a series of riots and disturbances plaguing the country were linked to supporters of former president Soeharto.
Fri, 02 Jun 2000
BPS chief exits with snipe at President Abdurrahman
BPS chief exits with snipe at President Abdurrahman JAKARTA (JP): Minutes before relinquishing his post as Central Bureau of Statistics (BPS) chief, Sugito Suwito fired back at President Abdurrahman Wahid, saying he was being truthful in scaling back his economic growth projection.
Fri, 02 Jun 2000
Thones' death still puzzling as no bullet wounds found
Thones' death still puzzling as no bullet wounds found JAKARTA (JP): The cloud of mystery surrounding the death of Dutch reporter Sander Thoenes thickened on Wednesday when a former East Timor military commander said doctors had found no gunshot wounds in the slain journalist's body.
Fri, 02 Jun 2000
Dengue on rise in E. Kalimantan
Dengue on rise in E. Kalimantan BALIKPAPAN, East Kalimantan: At least 11 people have died and nearly 280 others have been hospitalized in the two largest cities in the province this year due to dengue fever.
Fri, 02 Jun 2000
The first family starts decadal national census
The first family starts decadal national census JAKARTA (JP): The Central Bureau of Statistics (BPS) initiated on Thursday the decadal National Census, with President Abdurrahman Wahid, Vice President Megawati Soekarnoputri and Jakarta Governor Sutiyoso as the first three respondents.
Fri, 02 Jun 2000
Govt guarantee on L/Cs extended
Govt guarantee on L/Cs extended JAKARTA (JP): Bank Indonesia deputy governor Dono Iskandar Djojosubroto said on Wednesday that the government guarantee on letters of credit (L/Cs) issued by local banks had been extended through December 2000.
Fri, 02 Jun 2000
Dharmala Sakti goes bust as debt restructuring opposed
Dharmala Sakti goes bust as debt restructuring opposed JAKARTA (JP): In an unprecedented event, creditors voted on Wednesday at the Jakarta Commercial Court to bankrupt publicly listed PT Dharmala Sakti Sejahtera after they turned down the latter's debt restructuring proposal.
Fri, 02 Jun 2000
Crime worries in Batam
Crime worries in Batam BATAM, Riau: The number of Indonesian businesspeople of Chinese descent owning firearms is reportedly on the rise in Batam island,Antara reported.Chairman of the Batam chapter of the Chinese Brotherhood, Suhendro Gautama, said here on Wednesday there were increasing reports...
Fri, 02 Jun 2000
Jasindo to expand overseas
Jasindo to expand overseas JAKARTA (JP): State-owned general insurance firm PT Asuransi Jasa Indonesia (Jasindo) is to expand overseas as part of efforts to anticipate the 2003 free trade era in the Southeast Asian region, company president Amiruddin Riayat said on Wednesday.
Fri, 02 Jun 2000
Irene named 1999's best female athlete
Irene named 1999's best female athlete JAKARTA (JP): Irene Truitje Joseph (left), gold medalist in the women's 100m dash in the 1999 Southeast Asian (SEA) Games, lifts up the 1999 best female athlete award which was handed over by Wismoyo Arismunandar (right), the chairman of the National Sports...
Fri, 02 Jun 2000
Violence raises curtain on Aceh peace enactment
Violence raises curtain on Aceh peace enactment BANDA ACEH, Aceh (JP): Violence persisted ahead of the implementation of the humanitarian pause in the troubled province of Aceh on Friday.A military officer and four civilians were injured and over 2,000 people sought refuge in a fresh outbreak of...
Fri, 02 Jun 2000
New IMF chief Koehler open to AMF, capital control
New IMF chief Koehler open to AMF, capital control BANGKOK (Reuters): Neither the idea of an Asian Monetary Fund (AMF) nor controls on capital movement were "taboo" to the new managing director of the International Monetary Fund (IMF), he said on Thursday.
Fri, 02 Jun 2000
Trias to split shares, restructure debts
Trias to split shares, restructure debts SURABAYA (JP): Publicly listed packaging paper producer PT Trias Sentosa won the approval of its shareholders on Wednesday to split its stocks in a bid to improve the liquidity of the company's shares on the stock market.
Fri, 02 Jun 2000
Medan's bomb
Medan's bomb Other communities might consider Medan's reaction to the latest bombings. People seem to realize that the church bombings were not motivated by religious conviction, and, therefore, they haven't felt compelled by mistaken religious identity and pride to engage in face-saving revenge.
Fri, 02 Jun 2000
Motorists enjoy free parking facilities
Motorists enjoy free parking facilities JAKARTA (JP): While a parking dispute is being tried at the Jakarta State Administrative Court, motorists can enjoy free parking at several private parking lots until a ruling is issued on the case.