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Sat, 02 Sep 2000
BI building founded on nation's wealth
BI building founded on nation's wealthBy Ida Indawati Khouw The Bank Indonesia building in Kota, West Jakarta, was where the Indonesian banking system began. The following article, the 54th in the series on old and protected buildings in Jakarta, provides a glimpse of its history.
Sat, 02 Sep 2000
19 suspects named in East Timor case
19 suspects named in East Timor case JAKARTA (JP): The Attorney General's Office named 19 people on Friday, including three generals, "possible suspects" in last year's violence in East Timor.Deputy Attorney General for Special Crimes M.
Sat, 02 Sep 2000
Bapepam finalizes six firms of breaching rules
Bapepam finalizes six firms of breaching rules JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) has imposed sanctions on six firms, four of which belong to major business groups Bakrie, Tirtamas and Djajanti, for breaching regulations.
Sat, 02 Sep 2000
Imported products
Imported productsFrom Bisnis IndonesiaI suggest that the government establish a ministry or agency in charge of developing locally made goods, because Indonesia's dependence on foreign products is of great concern.
Sat, 02 Sep 2000
Lippo acquires and merges DialMart into its retail chain
Lippo acquires and merges DialMart into its retail chain JAKARTA (JP): Executives of grocery delivery service company for Greater Jakarta area, DialMart, confirmed on Friday that the Lippo group had acquired and merged the service company into the group's retail chain.
Sat, 02 Sep 2000
RP rebels demand $10m for release of U.S. hostage
RP rebels demand $10m for release of U.S. hostage ZAMBOANGA, Philippines (AP): The Abu Sayyaf rebels have demanded US$10 million for the release of an American kidnapped this week in the southern Philippines despite a U.S. refusal to pay any ransom, negotiators said on Friday.
Sat, 02 Sep 2000
S'pore-based portal ties up with NPC
S'pore-based portal ties up with NPC JAKARTA (JP): Singapore-based application service provider (ASP) Freight Real-Time.com signed an alliance agreement here on Friday with PT Nusa Pamerima Corporation (NPC) to promote the portal's services to the Indonesian maritime and logistics company.
Sat, 02 Sep 2000
Councilors to cast ballot on voting method
Councilors to cast ballot on voting method JAKARTA (JP): City councilors on Friday agreed to decide by ballot on the voting method to be employed for their final judgment on Governor Sutiyoso's accountability speech next Monday.
Sat, 02 Sep 2000
Mob attacks Malaysian consultate in Pontianak
Mob attacks Malaysian consultate in Pontianak JAKARTA (JP): A mob of about 50 people attacked the Malaysian consulate in Pontianak, West Kalimantan, smashing windows and throwing rotten eggs during a flag-raising ceremony to mark Malaysia's National Day on Thursday.
Sat, 02 Sep 2000
Indonesia draws with Iraq ahead of Independence Cup final
Indonesia draws with Iraq ahead of Independence Cup final JAKARTA (JP): The first encounter between Indonesia and Iraq at the Independence Cup soccer tournament on Friday ended in a scoreless draw.Although banking mostly on substitutes, Iraq displayed a cool defense to neutralize Indonesia's...
Sat, 02 Sep 2000
Papua New Guinea PM rules out secession for Bougainville
Papua New Guinea PM rules out secession for Bougainville PORT MORESBY (AP): Papua New Guinea Prime Minister Sir Mekere Morauta on Friday ruled out secession for independence-minded Bougainville island.He was speaking in advance of crucial and "final" talks on autonomy and an eventual referendum on...
Sat, 02 Sep 2000
KL records trade surplus
KL records trade surplus KUALA LUMPUR (AFP): Malaysia recorded a trade surplus in July for the 33rd consecutive month, the Statistics Department said Friday.The figure of 4.0 billion ringgit (US$1.05 billion) was down compared to the 4.9 billion ringgit the previous month and 5.
Sat, 02 Sep 2000
Sofjan demands apology from former minister
Sofjan demands apology from former minister JAKARTA (JP): Businessman Sofjan Wanandi of the Gemala Group has demanded that former finance minister Bambang Sudibyo apologize for publicly accusing him of embezzling Bank Indonesia funds.
Sat, 02 Sep 2000
Government may extend humanitarian pause in Aceh
Government may extend humanitarian pause in Aceh JAKARTA (JP): The government looks likely to sign a three- month extension on a humanitarian pause in Aceh but said it would demand the separatist Free Aceh Movement (GAM) begin talking substantively on settling the problems.
Sat, 02 Sep 2000
Sutiyoso calls for waterfront revival project
Sutiyoso calls for waterfront revival project JAKARTA (JP): Governor Sutiyoso called on Friday for efforts to develop Jakarta Bay's coastline into a more appealing area to anticipate further growth of the city.
Sat, 02 Sep 2000
Conversion Rates
Conversion Rates Bank Indonesia's conversion rates on Sept. 1, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,795.00 8,795.00 8,254.00 8,336.00Australian dollar 1 4,488.36 5,068.56 4,752.65 4,804.04Austrian schilling 1 503.94 568.91 533.62 539.
Sat, 02 Sep 2000
East Java legislators 'ready to be recalled'
East Java legislators 'ready to be recalled' SURABAYA: Eighteen East Java legislators who reportedly made illegal overseas trips in July said they were ready to be recalled by their factions for the "wrongdoing".
Sat, 02 Sep 2000
All-Indonesia badminton final seen in Sydney
All-Indonesia badminton final seen in Sydney JAKARTA (JP): The chances are looking better for an all- Indonesia final in the badminton men's doubles at the Olympic Games after the second best pair of Flandy Limpele and Eng Hian beat the world number one duo of Candra Wijaya and Tony Gunawan in a...
Sat, 02 Sep 2000
The trial of Soeharto must go on, says Abdurrahman
The trial of Soeharto must go on, says Abdurrahman JAKARTA (JP): President Abdurrahman Wahid asserted on Friday that the trial against former president Soeharto would proceed, with or without the accused's presence.
Sat, 02 Sep 2000
RI firms to visit Rotterdam
RI firms to visit Rotterdam JAKARTA (JP): Some 30 Indonesian companies from various sectors will take part in the Indonesian Export Product Display in Rotterdam, the Netherlands, for five days starting from Sept. 4.
Sat, 02 Sep 2000
S'pore's muted free-speech corner opens
S'pore's muted free-speech corner opens SINGAPORE (AFP): Singapore launched a muted free-speech corner on Friday with local issues dominating but few willing listeners.The crowd, outnumbered by local and foreign journalists in the morning, peaked around 100 at lunchtime, swelled by curious office...
Sat, 02 Sep 2000
De Mello lauds moves to try East Timor suspects
De Mello lauds moves to try East Timor suspects JAKARTA (JP): Following the announcement of 19 suspects in the East Timor case, several expressed hope that these would only be the first of another batch of officials and officers to be named in the case.
Sat, 02 Sep 2000
Restoring investor confidence
Restoring investor confidence The following is based on a presentation by economist and chairman of the Indonesia Forum Foundation Mohammad Sadli at the ISEAS Forum on regional strategic and political developments.
Sat, 02 Sep 2000
Symbol of justice
Symbol of justice The trial of former president Soeharto, which opened in Jakarta on Thursday, is a symbolic gesture more than anything else on the part of the government to show that rule of law prevails in this country.
Fri, 01 Sep 2000
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 31, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 580 5 12,000 Adindo Foresta Indonesia 250 -10 235,000 Alakasa Industrindo 815 0 0 Alfa Retailindo 850...
Fri, 01 Sep 2000
Bloody Myanmar refugee camp protest draws flak
Bloody Myanmar refugee camp protest draws flak BANGKOK (Agencies): Thai and international aid authorities on Thursday criticized a bloody demonstration staged at a refugee camp in Thailand in which half a dozen Myanmar children slashed themselves to protest Yangon's roadblock against opposition...
Fri, 01 Sep 2000
Experts differ on Soeharto's trial
Experts differ on Soeharto's trial JAKARTA (JP): With former president Soeharto's appearance as a defendant in his corruption trial in doubt, judicial experts disagreed on Thursday over the legality of trying him in his absence.
Fri, 01 Sep 2000
Economic team meet with Kota retailers
Economic team meet with Kota retailers JAKARTA (JP): Three top economic ministers met with nearly 500 store owners at major shopping malls in the Kota area, West Jakarta on Thursday in recognition of the latter's importance to the country's economy.
Fri, 01 Sep 2000
PT PLN first half losses surge 12-fold
PT PLN first half losses surge 12-fold JAKARTA (JP): Cash-strapped state electricity company PT Perusahaan Listrik Negara (PLN) announced on Thursday a twelvefold increase in losses of up to Rp 11.58 trillion (US$1.
Fri, 01 Sep 2000
Deutsche Bank's new official
Deutsche Bank's new official JAKARTA (JP): Deutsche Bank announced on Thursday the appointment of Paul Leonhardt as the bank's head of corporate relationship management in Indonesia.The bank said that Leonhardt would be responsible for identifying solutions that best meet the extensive product...
Fri, 01 Sep 2000
Asian monies up amid rupiah control rumors
Asian monies up amid rupiah control rumors HONG KONG (Dow Jones): Talk of capital controls in Indonesia rippled briefly through Asian foreign exchange markets on Thursday, but the effects were short-lived and most currencies ended slightly stronger in quiet dealings.The U.S.
Fri, 01 Sep 2000
Manpower ministry mulls way to help job seekers
Manpower ministry mulls way to help job seekers JAKARTA (JP): A more effective system to facilitate job seekers needs to be established to help lower the country's unemployment rate.The Ministry of Manpower's Director General for Upbuilding and Manpower Employment Tjepy Aloewie said Presidential...
Fri, 01 Sep 2000
NTT Comms to buy Verio for $5.5 billion
NTT Comms to buy Verio for $5.5 billion TOKYO (Reuters): NTT Communications, a unit of Japan's former state monopoly NTT Corp, will buy U.S. Internet service provider Verio Inc for US$5.5 billion, after the U.S. government gave the go-ahead a week ago.
Fri, 01 Sep 2000
Balinese student named best young researcher
Balinese student named best young researcher JAKARTA (JP): A Balinese junior high school student who found a better way of preventing land erosion caused by wave action and tides won first prize at the Youth Scientific Research Contest on Thursday.
Fri, 01 Sep 2000
No time for experimenting
No time for experimenting On the evening of Aug. 23, I was very surprised when l heard the Cabinet members of President Abdurrahman Wahid or Gus Dur announced by the palace secretary.In light of the economic team, which is against the market's expectation, one day after the announcement, the rupiah...
Fri, 01 Sep 2000
Indonesia wary over crops altered genetically
Indonesia wary over crops altered genetically JAKARTA (JP): Indonesia is still wary about the entry of genetically altered crops despite their high potential in solving the problem of nourishment, the Indonesian ambassador to Japan said on Thursday.
Fri, 01 Sep 2000
Teater Payung Hitam paints black picture of troubled Aceh
Teater Payung Hitam paints black picture of troubled AcehBy Tuti Gintini JAKARTA (JP): What can a dramatist do in the face of the harsh realities in Aceh after the province was declared a military operation zone (DOM)?Just look at Teater Payung Hitam (Black Umbrella Theater) of Bandung and its...
Fri, 01 Sep 2000
No-confidence motion urged against PDI-P's Arifin
No-confidence motion urged against PDI-P's Arifin JAKARTA (JP): A member of the Indonesian Democratic Party of Struggle (PDI Perjuangan) faction at the House of Representatives has confirmed that around 50 faction members have signed a petition demanding a no-confidence motion against their...
Fri, 01 Sep 2000
Australia, NZ prioritize ASEAN trade deal
Australia, NZ prioritize ASEAN trade deal AUCKLAND (Reuters): Australian and New Zealand trade ministers on Thursday set as a priority the extension of their countries' existing free trade area to include Southeast Asia.
Fri, 01 Sep 2000
Recycling cartridges
Recycling cartridges On Aug. 26, 2000 I attended the launch of the "HP Laserjet Print Cartridge Recycling Program", held at the parking lot of BNI 46 on Jl. Sudirman. State minister for Environment Sonny Keraf and Minister of Settlement and Regional Infrastructure Erna Witular were scheduled to...
Fri, 01 Sep 2000
Indonesia and Iraq vow to fight it out in soccer match
Indonesia and Iraq vow to fight it out in soccer match JAKARTA (JP): Indonesia looks certain to field a team of mostly substitutes in its Independence Cup soccer group match against Iraq on Friday, reducing the encounter to a warm-up for this weekend's final.
Fri, 01 Sep 2000
Organda ready to face class action for taxi fare hike
Organda ready to face class action for taxi fare hike JAKARTA (JP): The Organization of Land Transportation Owners (Organda) is ready to face a class action filed by the public over its decision to raise taxi fares by about 50 percent effective from Friday, an executive said.
Fri, 01 Sep 2000
Chubu, CPC make LNG buying pact
Chubu, CPC make LNG buying pact TOKYO (Nikkei): Chubu Electric Power Co. and Chinese Petroleum Corp. recently reached a mutual purchase agreement for liquefied natural gas, The Nihon Keizai Shimbun reported in its Thursday morning edition.
Fri, 01 Sep 2000
Asian stocks lower in quiet trading
Asian stocks lower in quiet trading TOKYO (AFP): Asian shares closed mostly lower in quiet trading on Thursday as markets continued their mid-summer slumber.In Jakarta, Indonesian share prices closed down 0.
Fri, 01 Sep 2000
Officers 'behind protection racket'
Officers 'behind protection racket' JAKARTA (JP): City Council Commission B for economic affairs proposed on Thursday that subdistrict-level military and police officers be dismissed for their alleged involvement in the extraction of protection money from street vendors.
Fri, 01 Sep 2000
Brunei, Malaysia and RI plan Islamic money market
Brunei, Malaysia and RI plan Islamic money market BANDAR SERI BEGAWAN (AFP): Brunei, Bahrain, Indonesia and Malaysia are to jointly launch an International Islamic Money Market (IIMM) in October, the Brunei government announced Thursday.
Fri, 01 Sep 2000
RI still has no leads in embassy bombing: RP
RI still has no leads in embassy bombing: RP MANILA (AP): Indonesian investigators still have not given Philippine authorities any results from an investigation into the bombing of the Philippine ambassador's residence in Jakarta a month ago, an official said Thursday.
Fri, 01 Sep 2000
Soeharto fails to attend his trial
Soeharto fails to attend his trial JAKARTA (JP): Medical reports on former president Soeharto convinced judges of the South Jakarta District Court to adjourn his trial on charges of corruption until Sept. 14.
Fri, 01 Sep 2000
Men seen in van wanted for firecracker blast
Men seen in van wanted for firecracker blast JAKARTA (JP): South Jakarta Police are looking for a group of men in connection with a powerful firecracker blast on Wednesday inside a city bus parked in the vicinity of the trial venue of former president Soeharto.
Fri, 01 Sep 2000
Lighten up Kwik!
Lighten up Kwik! Although many people are likely to support Kwik Kian Gie in his fight against "black conglomerates", he will certainly do himself no favors if he allows his bitterness to get the better of him. In his letter published in The Jakarta Post on Aug.