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Wed, 07 Jun 2000
Government to set up deposit insurance agency
Government to set up deposit insurance agency JAKARTA (JP): The government is preparing the establishment of a deposit insurance agency to guarantee depositors' money in the country's banks.Rizal Ramli, a member of the economic monitoring team, said here on Tuesday that the plan to set up a deposit...
Wed, 07 Jun 2000
Asia still needs monetary fund despite end of crisis: Banker
Asia still needs monetary fund despite end of crisis: Banker SINGAPORE (AFP): Despite the end of the Asian crisis, a regional monetary fund is vital to avert future turmoil and could be realized in five years if Japan took a more aggressive role, a senior regional banker said on Tuesday.
Wed, 07 Jun 2000
Karaoke bar, cafe closed down for tax violations
Karaoke bar, cafe closed down for tax violations JAKARTA (JP): Two clubs were sealed off by city authorities on Tuesday for failing to pay the 30 percent entertainment tax.Head of West Jakarta revenue office P.R. Dologsaribu led the action to close down Monggo Mas karaoke bar on Jl.
Wed, 07 Jun 2000
Bomb hoaxes hit country's major cities
Bomb hoaxes hit country's major cities YOGYAKARTA (JP): A series of bomb hoaxes has hit Indonesia's major cities of Yogyakarta, Surabaya and Bandung in the past couple of days.The police's bomb squad was dispatched to the Yogyakarta District Court after the discovery of two mysterious packages at...
Wed, 07 Jun 2000
Govt formulates guidelines for revenue distribution
Govt formulates guidelines for revenue distribution JAKARTA (JP): The government's special team is formulating guidelines on the distribution of state revenues from natural resources among regencies, provinces and the central government.
Wed, 07 Jun 2000
Clinton has a message for RI
Clinton has a message for RI Now in his last year in office, U.S. President Bill Clinton had a friendly message for Indonesia when he was in the Portuguese capital Lisbon recently, on a tour of some European Union countries to inspect security conditions. After all, the U.S.
Wed, 07 Jun 2000
Embattled Sjahril still BI governor
Embattled Sjahril still BI governor JAKARTA (JP): The House of Representatives (DPR) decided on Tuesday to allow Bank Indonesia Governor Sjahril Sabirin to retain his job despite being named a suspect in the high profile Bank Bali scandal.
Wed, 07 Jun 2000
Where to go in Surabaya:
Where to go in Surabaya:Performances * Oranje First Annual Choir Competition, at Balai Adika Balroom, Hotel Majapahit, Mandarin Oriental, 6 p.m. to 9 p.m., Jun. 8. * Music: Fete de la Musique, at CCCL - French Cultural Center, Jl. Darmokali 10, 4 p.m. onwards, June 21.
Wed, 07 Jun 2000
Mismanagement, corruption cost Garuda $1b: ICW
Mismanagement, corruption cost Garuda $1b: ICW JAKARTA (JP): Mismanagement and corruption have caused state- owned flag carrier Garuda Indonesia to lose at least US$1 billion, Indonesia Corruption Watch (ICW) say.
Wed, 07 Jun 2000
Officer arrested for illegal weapons
Officer arrested for illegal weapons JAKARTA (JP): South Jakarta Police officers arrested an Indonesian Navy officer on Monday for illegal possession of firearms during a routine nighttime Kilat Jaya operation.South Jakarta Police chief Lt. Col.
Wed, 07 Jun 2000
Analyst suspects military played role in Poso
Analyst suspects military played role in Poso MAKASSAR, South Sulawesi (JP): Apprehensive about previous unrest that rocked other parts of the country, a sociologist from the University of Indonesia said on Tuesday he suspected the military was playing a role in the ongoing sectarian conflict in...
Tue, 06 Jun 2000
Rates for tax payment, valid from June 5 to June 11
Rates for tax payment, valid from June 5 to June 11 U.S. dollar 1 Rp 8,475.00Austrian schilling 1 570.57Australian dollar 1 4,842.62Belgian franc 1 194.63Canadian dollar 1 5,629.73Swiss franc 1 5,001.53Deutschemark 1 4,016.02Danish krone 1 1,057.32French franc 1 1,196.91Poundsterling 1 12,647.
Tue, 06 Jun 2000
Flood inundates 130 homes in Kenjeran
Flood inundates 130 homes in Kenjeran SURABAYA, East Java: Some 130 homes in Cumpat, Kenjeran district, continue to be inundated every high tide after an embankment protecting the settlement broke three days ago.
Tue, 06 Jun 2000
Loan disbursement not discussed: Baramuli
Loan disbursement not discussed: Baramuli JAKARTA (JP): Former Supreme Advisory Council (DPA) chairman A.A. Baramuli, has denied any involvement in the Bank Bali scandal, although he has acknowledged he was engaged in several meetings with some business associates and banking officials.
Tue, 06 Jun 2000
Gus Dur denies plan on capital controls
Gus Dur denies plan on capital controls JAKARTA (JP): President Abdurrahman Wahid dismissed on Monday speculation that the government was considering imposing capital controls to help strengthen the ailing rupiah.
Tue, 06 Jun 2000
Police probe not concentrated on palace staff
Police probe not concentrated on palace staff JAKARTA (JP): City police detectives chief Col. Alex Bambang Riatmodjo insisted on Monday that his office has no plan at all to summon anybody from the Presidential Palace for questioning in connection with the still mysterious Rp 35 billion Bulog scam.
Tue, 06 Jun 2000
East Java Menwa protest disbandment
East Java Menwa protest disbandment JAKARTA: Around 1,000 members of university paramilitary regiments from 60 universities in East Java gathered at the governor's office here on Monday to protest the dissolution of the paramilitary force.
Tue, 06 Jun 2000
Puzzling government
Puzzling government If I am not mistaken the government has shown, more or less, its agreement the people of Irian Jaya to convene a Papuan people's congress by giving a donation of Rp 1 billion to the organizers and the promise that the president himself would attend.
Tue, 06 Jun 2000
Conversion Rates
Conversion Rates Bank Indonesia's conversion rates on June 5, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,975.00 8,975.00 8,433.00 8,517.00Australian dollar 1 4,625.50 5,209.99 4,891.14 4,944.12Austrian schilling 1 547.40 616.69 578.84 585.
Tue, 06 Jun 2000
At least 58 killed in Bengkulu quake
At least 58 killed in Bengkulu quake JAKARTA (JP): A massive earthquake measuring up to 7.9 on the Richter scale and scores of aftershocks shook Bengkulu on Sumatra island, killing at least 58 people and leaving hundreds injured, officials and medical staff said on Monday.
Tue, 06 Jun 2000
Din Syamsuddin calls for dissolution of Apjati
Din Syamsuddin calls for dissolution of Apjati JAKARTA (JP): Director General of Manpower Placement and Development Din Syamsuddin called on labor export companies on Monday to set up a consortia in place of the longstanding Association of Labor Export Companies (Apjati).
Tue, 06 Jun 2000
Badminton body faces problems over PON
Badminton body faces problems over PON JAKARTA (JP): The National Sports Council (KONI) will strive to retain the gold medal tradition in badminton in the Olympic Games in Sydney this September.However, the path to reach this goal will be challenged by its provincial chapters, which aim to win gold...
Tue, 06 Jun 2000
Soeharto probe to be completed soon: Yushar
Soeharto probe to be completed soon: Yushar JAKARTA (JP): Amid ongoing pressure to speed up the investigation into Soeharto's corruption cases, the Attorney General's Office vowed on Monday that the questioning of Soeharto would soon be completed.
Tue, 06 Jun 2000
Police arrest three alleged provocateurs in Poso riot
Police arrest three alleged provocateurs in Poso riot PALU, Central Sulawesi (JP): Central Sulawesi Police have arrested eight alleged rioters, of whom three are suspected provocateurs, in the recent communal clashes in Poso.Chief of the Central Sulawesi Police Col.
Tue, 06 Jun 2000
Government submits bill on human rights court
Government submits bill on human rights court JAKARTA (JP): The government proposed a new bill to the House of Representatives on Monday that would be used to establish a national court of human rights.
Tue, 06 Jun 2000
Stock quotations on JSX
Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on June 5, 2000: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 625 -100 3,000 Adindo Foresta Indonesia 300 25 837,500 Alakasa Industrindo 1,025 75 1,000 Alfa...
Tue, 06 Jun 2000
Start-ups need one year for JSX listing
Start-ups need one year for JSX listing JAKARTA (JP): President of the Jakarta Stock Exchange (JSX) Mas Achmad Daniri said on Monday that start-up companies should have been established for a minimum of one year to qualify for listing on the exchange.
Tue, 06 Jun 2000
Asian currencies mostly up as U.S. rate fears subside
Asian currencies mostly up as U.S. rate fears subside SINGAPORE (Dow Jones): Growing expectations that the U.S. Federal Reserve won't raise interest rates at the end of June and the rally in regional bourses bolstered most Asian currencies late Monday, dealers said.
Tue, 06 Jun 2000
Plenty of frights onboard 'The Ghost Train'
Plenty of frights onboard 'The Ghost Train'By Mehru Jaffer JAKARTA (JP): Oei Eng Goan may have ended up being a journalist, but he is unable to divorce himself from theater, perhaps his first love.After almost five years he is back on stage with the classic thriller The Ghost Train, an Arnold...
Tue, 06 Jun 2000
Makindo uses new technology
Makindo uses new technology JAKARTA (JP): Listed stock trading company Makindo said on Monday it would implement new technology from Australia to provide maximum security for all online stock transactions conducted by its clients through its cybertrade business.
Tue, 06 Jun 2000
Why the poverty-stricken are still poor
Why the poverty-stricken are still poor The following is the second of two articles on an assessment of poverty in Indonesia by Poppy Ismalina, a researcher and lecturer on economics at the Yogyakarta-based Gadjah Mada University.
Tue, 06 Jun 2000
One dies in vicious clash
One dies in vicious clash JAKARTA (JP): Dozens of Duren Sawit Police officers of East Jakarta were busy on Monday securing the Malaka Jaya district of Klender, following a vicious clash on Monday between two groups of angry local residents, which resulted in one fatality.
Tue, 06 Jun 2000
Fiber association asks EU to drop dumping charges
Fiber association asks EU to drop dumping charges JAKARTA (JP): The Indonesian Synthetic Fiber Makers Association (APSyFI) has asked the European Union (EU) member countries to drop the dumping charges imposed by the European Commission on all Indonesian polyester staple fiber (PSF) products, an...
Tue, 06 Jun 2000
Spratly lighthouse inaugurated
Spratly lighthouse inaugurated HANOI (DPA): Vietnam has inaugurated a lighthouse on a reef in a disputed archipelago in the South China Sea in a bid to develop the region's economy, a naval commander said on Monday.
Tue, 06 Jun 2000
Woman shot during robbery attempt
Woman shot during robbery attempt JAKARTA (JP): The police shot a woman after she snatched a gold necklace from a passenger of a mikrolet public minivan at the Senen bus terminal on Monday.The woman, identified as 25-year-old Maurin Napitupulu, was shot in her left hand and a bullet pierced her...
Tue, 06 Jun 2000
Dossiers on fake rupiah await polygraph results
Dossiers on fake rupiah await polygraph results SURABAYA (JP): After putting Col. (ret) Soemarjono, the main suspect in the Rp 4.7 billion fake rupiah notes case, through a lie detector test, Surabaya Police said on Monday they would hand the case dossiers to the prosecutors office this week.
Tue, 06 Jun 2000
Government to raise fuel prices in October, April
Government to raise fuel prices in October, April JAKARTA (JP): The government will increase domestic fuel prices by an average of 12 percent in October this year, according to finance minister Bambang Sudibyo.
Tue, 06 Jun 2000
Dutch war hero cemeteries
Dutch war hero cemeteries Recently two Dutch naval ships visited Surabaya and Jakarta.We can read from newspapers that the crew did not go to the war-hero cemeteries in either city to pay homage to the fallen military and civilian Dutch citizens during World War II and the independence war of our...
Tue, 06 Jun 2000
Government urged to act prudently on Papuan aspiration
Government urged to act prudently on Papuan aspiration JAKARTA (JP): Legislators and political observers on Monday called on the government to use prudence, rather than force, in reacting to a declaration of independence by the Papuan Congress.
Tue, 06 Jun 2000
Asian marts close sharply higher
Asian marts close sharply higher HONG KONG (AP): Most Asian stock markets closed sharply higher Monday following last week's dramatic gains on Wall Street.In Jakarta, Indonesian shares closed higher on foreign bargain-hunting after President Abdurahman Wahid said it would be illogical to adopt...
Tue, 06 Jun 2000
Sjahril named bank scandal suspect
Sjahril named bank scandal suspect JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin was named a suspect on Monday in the Bank Bali scandal for allegedly violating the central bank's prudential principle in its policy to reimburse interbank loans guaranteed by the government.
Tue, 06 Jun 2000
Bringing consumptive zone to book for global warming
Bringing consumptive zone to book for global warmingBy Frank Richardson JAKARTA (JP): One family community in a village with a population of 3,155 was successfully sued recently for producing an inordinate amount of pollution.
Tue, 06 Jun 2000
Government adamant Irian will remain in Indonesia
Government adamant Irian will remain in Indonesia JAKARTA (JP): President Abdurrahman Wahid renewed on Monday his tough warning to proindependence supporters in Irian Jaya, saying he would do his best to keep Indonesia's sovereignty over the easternmost province intact.
Tue, 06 Jun 2000
Celebrating 50 years of Swedish-RI relations
Celebrating 50 years of Swedish-RI relations With globalization and the Information Technology (IT) revolution, the distance between Sweden and Indonesia is shrinking dramatically. The following is an interview with the Swedish Ambassador to Indonesia, Harald Sandberg.
Tue, 06 Jun 2000
Councillors yet to decide on Sutiyoso's speech
Councillors yet to decide on Sutiyoso's speech JAKARTA (JP): Amid strong public pressure that he resigns from his governorship, Sutiyoso gave his annual accountability speech on Monday before city councillors at the City Council building on Jl. Kebon Sirih in Central Jakarta.
Tue, 06 Jun 2000
S'pore to issue media licenses
S'pore to issue media licenses SINGAPORE (AFP): The Singapore government announced on Monday that it would grant new print and broadcast licenses but made it clear the domestic media would stay in Singaporean hands.
Tue, 06 Jun 2000
The erosion of public trust in government
The erosion of public trust in government Dissolution has followed every scandal, while the law is still on the side of those against change, writes noted lawyer Todung Mulya Lubis. JAKARTA (JP): The flag raised by Abdurrahman Wahid at the beginning of his governance was one of a clean, modest and...
Tue, 06 Jun 2000
Heroin overdose
Heroin overdose Recently, my husband's brother's son died tragically of a heroin overdose. He was only 17 years old.I was horrified to learn that this was not just an isolated incident but almost a daily occurrence.
Tue, 06 Jun 2000
JF Indonesia Fund to hold restructuring
JF Indonesia Fund to hold restructuring HONG KONG (Dow Jones): JF Indonesia Fund Inc., a Cayman Islands-based closed ended investment company, is proposing a restructuring that will give investors the opportunity to convert all or part of their holdings into JF ASEAN Trust, an open ended fund...
Tue, 06 Jun 2000
Developers get environment-friendly awards
Developers get environment-friendly awards JAKARTA (JP): The central government on Monday granted awards to 12 developers in Greater Jakarta (Jabotabek) for their roles in helping protect the environment at their respective housing complexes.