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Wed, 05 Jul 2000
Bottled mineral water -- healthy or hype?
Bottled mineral water -- healthy or hype?By Clare E. Urwin SURABAYA (JP): Drinking bottled mineral water is fashionable and smart, and the recent increase in worldwide consumption has been dramatic and is still growing.
Wed, 05 Jul 2000
Philippine troops capture part of rebel headquarters
Philippine troops capture part of rebel headquarters COTABATO, Philippines (Agencies): Government troops captured parts of the sprawling headquarters of the biggest Muslim separatist group in the Philippines on Tuesday, and said they could take the complex in two days.
Wed, 05 Jul 2000
KL palm oil extends losses on liquidation
KL palm oil extends losses on liquidation KUALA LUMPUR (Reuters): Malaysian palm oil futures extended losses on Tuesday on continued long liquidation prompted by weakness in Chicago soyoil prices.Traders said worries over high domestic stocks also continued to drag down prices.
Wed, 05 Jul 2000
41 Afghans stranded in Surabaya
41 Afghans stranded in Surabaya SURABAYA: A total of 41 Afghans, including 13 children, have been stranded in Surabaya since Monday after being mistakenly taken here by the Barito passenger motorboat from Kupang, East Nusa Tenggara.Chief of Tanjung Perak Port Supt.
Wed, 05 Jul 2000
Rp 900b expected from Kimia Farma divestment
Rp 900b expected from Kimia Farma divestment JAKARTA (JP): The government expects to gain Rp 900 billion (US$101 million) from the divestment of between 10 percent to 35 percent of its stake in pharmaceutical company PT Kimia Farma in December, the company's president said on Tuesday.
Wed, 05 Jul 2000
Reality check for Malaysia's stock market experiments
Reality check for Malaysia's stock market experimentsBy Lim Say Boon SINGAPORE: Today, Malaysia will resume trading of the hitherto-frozen Clob shares -- Malaysian stocks traded over the counter here until the implementation of capital controls in late 1998 -- thus ending an 18-month saga which had...
Wed, 05 Jul 2000
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 4, 2000: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 675 0 0 Adindo Foresta Indonesia 325 0 1,555,500 Alakasa Industrindo 550 0 0 Alfa Retailindo 900 10...
Wed, 05 Jul 2000
IBRA secures deal with top debtors
IBRA secures deal with top debtors JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) has reached a crucial restructuring agreement with some of its largest debtors, according to agency chairman Cacuk Sudarijanto.Cacuk said on Tuesday that an agreement has been reached to restructure 28.
Wed, 05 Jul 2000
Students to hit the streets again
Students to hit the streets again JAKARTA (JP): Activists from several student organizations announced on Tuesday their plan to hold a massive anti-Soeharto rally in the capital on Thursday.Widi from Forbes (Collective Forum) and Fauzan of Famred (Students Action Front for Reforms and Democracy)...
Wed, 05 Jul 2000
Indonesia needs a prime minister
Indonesia needs a prime minister Noted experts and officials meeting in Bali over the weekend offered recommendations to help the nation escape its current crisis. Mochtar Pabottingi, senior researcher at the National Institute of Sciences analyses the recommendations.
Wed, 05 Jul 2000
Blast rocks Attorney General's Office
Blast rocks Attorney General's Office JAKARTA (JP): An explosive devise exploded in a building in the Attorney General's Office compound in South Jakarta on Tuesday evening, causing minor damage but no casualties.
Wed, 05 Jul 2000
Notorious motorcycle robber shot dead
Notorious motorcycle robber shot dead JAKARTA (JP): A police detective in Tangerang shot dead a man, believed to be a member of a notorious gang of motorcycle thieves, in Teluk Naga district, an officer said on Tuesday.Second Insp.
Wed, 05 Jul 2000
Gus Dur backtracks on his accusations
Gus Dur backtracks on his accusations JAKARTA (JP): President Abdurrahman Wahid backtracked on Tuesday on his accusation that legislators were behind many of Indonesia's current political troubles."Who said that the troublemakers are (members of) the DPR (House of Representatives)? I did not say...
Wed, 05 Jul 2000
Conversion Rates
Conversion Rates Bank Indonesia's conversion rates on July 4, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,470.00 9,470.00 8,925.00 9,015.00Australian dollar 1 5,067.60 5,607.64 5,339.83 5,398.18Austrian schilling 1 583.22 652.42 614.55 621.
Wed, 05 Jul 2000
E-retailers still need offline outlets
E-retailers still need offline outlets JAKARTA (JP): Indonesian e-retailers still need to blend their new, modern virtual marketing system with the conventional offline shopping approach to boost transactions, an analyst with a global consulting firm said here on Tuesday.
Wed, 05 Jul 2000
Ministers discuss terrorism, piracy
Ministers discuss terrorism, piracy SINGAPORE (Agencies): High-level defense officials from five countries meeting in Singapore on Tuesday discussed the rising threats of terrorism and sea piracy in Asia.
Tue, 04 Jul 2000
Prison guard questioned
Prison guard questioned JAKARTA (JP): A Salemba Prison guard is being questioned by the police for his alleged role in drug trafficking in the crowded penitentiary in Central Jakarta, an official said on Monday.
Tue, 04 Jul 2000
U.S. oil giant to open school
U.S. oil giant to open school BANDUNG: Oil giant, PT Caltex Pacific Indonesia plans to open a polytechnics school in Riau's capital Pekanbaru in September as part of its community development service.The company's contract to develop and manage the Coastal Plain Pekanbaru (CPP) oil block will...
Tue, 04 Jul 2000
Tangerang laments lack of taxes paid to coffer
Tangerang laments lack of taxes paid to coffer TANGERANG (JP): The Tangerang regency administration has received no tax payments at all from the hundreds of companies operating in the area, according to regent Agus Djunara.
Tue, 04 Jul 2000
Conversion Rates
Conversion Rates Bank Indonesia's conversion rates on July 3, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,330.00 9,330.00 8,786.00 8,874.00Australian dollar 1 4,988.00 5,591.47 5,261.06 5,318.19Austrian schilling 1 577.34 646.98 608.94 615.
Tue, 04 Jul 2000
BPIS views govt plans to dissolve it as normal
BPIS views govt plans to dissolve it as normal JAKARTA (JP): State-owned holding company PT Bahana Prakarya Industri Strategis (BPIS) said on Monday it did not object to the government's plan to dissolve it, but added its subsidiaries still required coordination.
Tue, 04 Jul 2000
Rates for tax payment, valid from July 3 to July 9
Rates for tax payment, valid from July 3 to July 9 U.S. dollar 1 Rp 8,660.00Austrian schilling 1 589.38Australian dollar 1 5,165.69Belgian franc 1 201.04Canadian dollar 1 5,839.12Swiss franc 1 5,244.67Deutschemark 1 4,151.09Danish krone 1 1,105.86French franc 1 1,236.37Poundsterling 1 12,964.
Tue, 04 Jul 2000
Government simplifies drug registration
Government simplifies drug registration JAKARTA (JP): Indonesians will be able to obtain new drugs in a relatively shorter time now than in the past after the enactment on Monday of a ministerial decree to speed up the registration process.
Tue, 04 Jul 2000
Indonesia needs to reform its pension system
Indonesia needs to reform its pension systemBy Stanislav Velinov This is the second of two articles on Indonesia's pension system. HONG KONG: While still employed, both employer and employee benefit from tax evasion.
Tue, 04 Jul 2000
Indonesia gets another seat for Olympics' table tennis
Indonesia gets another seat for Olympics' table tennis JAKARTA (JP): Indonesian men's table tennis player Ismu Harinto has joined compatriot Anton Suseno in qualifying for the men's doubles table tennis event at the Olympic Games in Sydney in September.
Tue, 04 Jul 2000
Pedicab ban in line with Sukarno's hope, says Ali
Pedicab ban in line with Sukarno's hope, says Ali JAKARTA (JP): Former governor Ali Sadikin testified on Monday that the banning of becak (pedicabs) in Jakarta was in line with the hope of late president Sukarno that Jakarta would become one of the world's top cities.
Tue, 04 Jul 2000
Banking expert predicts more mergers in 2000
Banking expert predicts more mergers in 2000 JAKARTA (JP): Mergers, acquisitions and bank liquidations will continue this year, resulting in a healthier and more efficient banking industry, according to an expert.A.
Tue, 04 Jul 2000
Discrepancy in slum project probed
Discrepancy in slum project probed JAKARTA (JP): Commission D of the City Council is looking into reports of irregularities in a Rp 2.6 billion (US$313,300) kampong improvement project in North Jakarta.
Tue, 04 Jul 2000
Ujung Kulon offers jungle trekking and rare rhino census
Ujung Kulon offers jungle trekking and rare rhino censusText and photos by Pandaya UJUNG KULON, West Java (JP): "Tomorrow," Tri Wibowo smilingly told his guests, "you will make history. You will cross Java on foot in only 45 minutes, from the Java Sea down to the Indian Ocean.
Tue, 04 Jul 2000
Unocal gets green award
Unocal gets green award JAKARTA (JP): Oil and gas company Unocal Corporation said its subsidiary Unocal Indonesia had been awarded the government's KALPATARU environmental prize for its reforestation and rehabilitation project in Balikpapan, East Kalimantan.
Tue, 04 Jul 2000
Body parts believed to be from same man found in three locations
Body parts believed to be from same man found in three locations JAKARTA (JP): Residents of Grogol subdistrict in West Jakarta found a right leg on Monday, believed to have come from the same male body whose right hand, left leg and the lower abdomen were found in the water at the Manggarai...
Tue, 04 Jul 2000
QAF to acquire Salim's stake
QAF to acquire Salim's stake SINGAPORE (AFX-ASIA): QAF Ltd said it has signed a memorandum of understanding with Liem Sioe Liong, Anthony Salim and Andree Halim to acquire a 70 percent stake in Yinfu International Co Ltd and an 89.
Tue, 04 Jul 2000
AG must improve performance
AG must improve performanceFrom KompasThe issuance of a letter of instruction by the Attorney General's Office for the Termination of Investigation (SP3) in the Texmaco case has become a national controversy because of the pros and cons surrounding this matter.
Tue, 04 Jul 2000
IBRA seals $1.22b deal with bank owners
IBRA seals $1.22b deal with bank owners JAKARTA (JP): The owners of 25 banks closed down by the government in 1999 signed an agreement with the Indonesian Bank Restructuring Agency (IBRA) on Monday to surrender assets to repay some US$1.
Tue, 04 Jul 2000
Keep on talking
Keep on talking The much hyped National Dialog Forum in Bali may have come up with plenty of recommendations about what Indonesia should do to overcome its multiple crises, but at the end of the day it was all nothing more than just another talking shop.
Tue, 04 Jul 2000
Police probe Irian guns
Police probe Irian guns JAKARTA (JP): Police said on Monday they were investigating a report that 12,000 guns were smuggled into the easternmost province of Irian Jaya, Antara reported.News reports quoted People's Consultative Assembly Speaker Amien Rais as saying on Saturday that sources told him...
Tue, 04 Jul 2000
Aceh rebels admit attack on police
Aceh rebels admit attack on police BANDA ACEH, Aceh (JP): Free Aceh Movement (GAM) separatist rebels admitted on Monday to having attacked Police Mobile Brigade (Brimob) officers in Nisam district of North Aceh, killing three of them and severely injuring five others.
Tue, 04 Jul 2000
UI students object to extra school fees
UI students object to extra school fees JAKARTA (JP): Students of the University of Indonesia (UI) demanded on Monday an end to extra school fees which have been charged to cover financial shortages resulting from the economic recession.
Tue, 04 Jul 2000
WB economist moves to Tokyo
WB economist moves to Tokyo TOKYO (AFP): The World Bank's chief economist for East Asia, Masahiro Kawai, has moved to Tokyo from Washington to get closer to regional clients, the organisation said Monday.
Tue, 04 Jul 2000
Japan to send advisors
Japan to send advisors TOKYO (Nikkei): The Ministry of Finance will send advisors to Thailand, Indonesia and Vietnam during the current fiscal year to advise them on managing their economies, The Nihon Keizai Shimbun reported in its Monday morning edition, citing ministry sources.
Tue, 04 Jul 2000
Kidnapped German reporter seen in Jolo forest
Kidnapped German reporter seen in Jolo forest JOLO, Philippines (Reuters): A German reporter seized by Philippine Moro rebels holding 20 mostly foreign hostages was seen trekking through a forest with his captors on Monday.
Tue, 04 Jul 2000
EGP-Bank Bali cessie contract lawful: Expert
EGP-Bank Bali cessie contract lawful: Expert JAKARTA (JP): A civil law expert said on Monday that a January 1999 cessie contract between factoring firm PT Era Giat Prima (EGP) and Bank Bali was lawful but had been wrongly implemented."I am not arguing the fact that the cessie contract is legal.
Tue, 04 Jul 2000
PT Makro to expand Indonesian operations
PT Makro to expand Indonesian operations JAKARTA (JP): Netherlands-based chain wholesaler PT Makro Indonesia said on Monday it would expand its operations in the country by opening more new outlets in various areas outside Jakarta.
Tue, 04 Jul 2000
Ekspos launches news portal
Ekspos launches news portal JAKARTA (JP): PT Ekspos Dot Com, a subsidiary of Lippo Group's internet service provider LinkNet, announced on Monday the launching of its news portal www.ekspos.com.Ekspos' director Legiman Misdiyono said the portal would focus on providing the latest financial and...
Tue, 04 Jul 2000
Banjarmasin lacks judges
Banjarmasin lacks judges BANJARMASIN, South Kalimantan: The local district court here is seeking five more judges to meet the ideal line-up of 12 required for a I-A class, chief of the court Zaini Syamsu said on Saturday.The I-A class is given to district courts in the provincial capitals.
Tue, 04 Jul 2000
Last minute appeal from Denpasar
Last minute appeal from Denpasar If the purpose of the appeal from Denpasar, Bali, by the cream of the country's intellectuals and influential elite that the nation return to the reform track was to attract the media's attention and be widely spread among the population, the objective has been more...
Tue, 04 Jul 2000
Confusion reins over arrest plan
Confusion reins over arrest plan JAKARTA (JP): President Abdurrahman Wahid and a top aide gave conflicting statements on Monday about the move to arrest or question legislators believed to have been responsible for many of Indonesia's current political troubles.
Tue, 04 Jul 2000
Three arrested over counterfeit
Three arrested over counterfeit SEMARANG: Three men have been arrested for allegedly producing and distributing fake rupiah notes in Wonosobo regency, thanks to local residents' tip-off, Central Java spokesman Superintendent M. Ramlie said on Monday.
Tue, 04 Jul 2000
Banser to be brought in line: Ansor chief
Banser to be brought in line: Ansor chief BOYOLALI, Central Java (JP): The recently reelected chairman of the Ansor Youth Movement, Syaifulloh Yusuf, has vowed to bring in line its security volunteers group Banser, which is controlled by the movement.
Tue, 04 Jul 2000
ASEAN ministers vow to speed up ambitious energy grid plans
ASEAN ministers vow to speed up ambitious energy grid plans HANOI (AFP): Energy ministers of the Association of Southeast Asian Nations Monday vowed to speed up ambitious plans for a regional power and gas grid to boost energy security in the face of continued volatility on world oil markets.