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Fri, 26 May 2000
Metrodata targets $14.3m from rights issue
Metrodata targets $14.3m from rights issue JAKARTA (JP): Publicly listed PT Metrodata Electronics expects to raise about US$14.3 million from the its limited public offering next month.Company president Lesan Limanardja said here on Thursday that about 60 percent of the funds raised from the rights...
Fri, 26 May 2000
Indonesia's assets in East Timor left in limbo
Indonesia's assets in East Timor left in limbo YOGYAKARTA (JP): The status of the country's assets in East Timor remains uncertain after negotiations here with representatives of the United Nations Transitional Administration in East Timor (UNTAET) only agreed on the classification of assets in the...
Fri, 26 May 2000
'Detikcom' adds Euro 2000 reports
'Detikcom' adds Euro 2000 reports JAKARTA (JP): Soccer enthusiasts can surf the Internet to search for newly updated news on Euro 2000 by visiting www.detik.com for its special feature "Crazy Euro 2000" (Gila Piala Eropa 2000).
Fri, 26 May 2000
Fortune buys Bawean field
Fortune buys Bawean field JAKARTA (JP): Fortune Oil & Gas, Inc. announces today that its subsidiary, Indo Pacific Oil and Gas, Inc., has signed an agreement to acquire 100 percent of the shares of GFB Resources (Java) Ltd. from Carmanah Resources Ltd. of Calgary, Alberta, Canada.
Fri, 26 May 2000
Fate and fortunes
Fate and fortunes Besieged in his home city, the sick and frail old man who once ruled Indonesia like a personal fiefdom is experiencing the fate that befalls so many despots once they are overthrown.It is not certain whether the 79-year-old former president Soeharto can hear the calls of militant...
Fri, 26 May 2000
Constitutional changes please
Constitutional changes pleaseFrom RepublikaThe proposal by a number of political experts for the immediate formation of a constitution board, voiced at a national seminar on the amendment of the 1945 Constitution at the University of Indonesia on May 11, 2000, was a very good idea.
Fri, 26 May 2000
Prisoners caught using drugs
Prisoners caught using drugs JAKARTA (JP): Security officials of the Cipinang penitentiary in East Jakarta and the Salemba prison in Central Jakarta arrested eight prisoners for alleged abuse and possession of drugs in separate raids on Thursday.
Fri, 26 May 2000
Stock quotations on JSX
Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on May 25, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 725 0 13,500 Adindo Foresta Indonesia 375 25 5,000 Alakasa Industrindo 950 -300 4,000 Alfa...
Fri, 26 May 2000
Witness insists Sjahril attended Feb. 11 meeting
Witness insists Sjahril attended Feb. 11 meeting JAKARTA (JP): Former deputy chairman of Bank Bali Firman Soetjahja confirmed on Thursday that Bank Indonesia Governor Sjahril Sabirin attended a Feb. 11, 1999 meeting at Hotel Mulia in Central Jakarta which discussed measures to accelerate the bank's...
Fri, 26 May 2000
Reformists meeting canceled due to technical reasons
Reformists meeting canceled due to technical reasons JAKARTA (JP): The officially scheduled dialogue between President Abdurrahman Wahid and the country's three top leaders on Thursday was canceled due to technical reasons.
Fri, 26 May 2000
Govt set to open up new sectors to foreigners
Govt set to open up new sectors to foreigners JAKARTA (JP): The government said on Thursday it would review the negative investment list, which catalogs business sectors barred to foreign investors, in an effort to provide wider investment opportunities.
Fri, 26 May 2000
CA launches security software
CA launches security software JAKARTA (JP): Software company Computer Associates Indonesia (CA) introduced on Thursday its newest security software to protect Internet businesses from hackers."eTrust and Jasmine ii provide security for e-business applications and ensures a seamless and intelligent...
Fri, 26 May 2000
New chiefs for eight state firms
New chiefs for eight state firms JAKARTA (JP): The government has replaced the presidents of eight major state enterprises operating in banking, insurance, commodity trading and money printing.The Ministry of Finance announced on Thursday that Bank Mandiri president Robby Djohan was replaced by ECW...
Fri, 26 May 2000
Suspect's role in bogus money case
Suspect's role in bogus money case SURABAYA (JP): A chauffeur of Slamet Hardjo, a suspect in a counterfeit money case, told interrogators on Thursday that he saw Soemarjono, the main suspect, hand over a box believed to contain bogus money to his employer.Surabaya Police chief of detectives Maj.
Fri, 26 May 2000
Economic growth the linchpin to hold RI together
Economic growth the linchpin to hold RI together The following is an excerpt from an interview with Samuel P. Huntington, a prominent sociopolitical theorist from Harvard University. He was the key speaker in a May 24 conference on the federal system of government in Jakarta hosted by Strategic...
Fri, 26 May 2000
Garuda to pledge non-core assets to creditors
Garuda to pledge non-core assets to creditors JAKARTA (JP): Indonesia's flag carrier Garuda Indonesia expects to pledge four of its business units to its creditors as part of its efforts in closing a debt restructuring deal, a company executive said.
Fri, 26 May 2000
Megawati to open GMNI Congress
Megawati to open GMNI Congress SEMARANG, Central Java: Vice President Megawati Soekarnoputri is slated to open the second congress of the National Communications Alumni Forum of the Indonesian Nationalist Students Movement (GMNI) here, which will be held from June 1 to June 3.
Fri, 26 May 2000
Fairer use of natural riches called for
Fairer use of natural riches called for JAKARTA (JP): Representatives of traditional communities, the business sector, non-governmental organizations, scholars and the government ended a three-day gathering here on Thursday to formulate strategies for sustainable and community friendly natural...
Fri, 26 May 2000
'Left' making inroads into Balinese calm
'Left' making inroads into Balinese calmBy Degung Santikarma DENPASAR, Bali (JP): Over the past year, despite the stagnant Indonesian economy, a new industry has exploded in Bali. With the lifting of restrictions on press permits, dozens of new tabloids, magazines and books have flooded local...
Fri, 26 May 2000
Conversion Rates
Conversion RatesBank Indonesia's conversion rates on May 25, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,960.00 8,960.00Australian dollar 1 4,541.18 5,116.16Austrian schilling 1 522.94 588.96Belgian franc 1 178.38 200.90Brunei dollar 1 4,585.52 5,164.56Canadian dollar 1 5,266.
Fri, 26 May 2000
Student clash with police near Cendana
Student clash with police near Cendana JAKARTA (JP): Angered at being repeatedly blocked by tight security, about 800 anti-Soeharto protesters attacked police with rocks and Molotov cocktails on Thursday, burning a traffic police post near the Central Jakarta residence of the former president.
Fri, 26 May 2000
Where to go in Jakarta: Friday, May 26, 2000
Where to go in Jakarta: Friday, May 26, 2000Exhibitions* Antique Batik Exhibition and sale, at ICAC House, Jl. BonaVista Raya, Lebak Bulus, 10 a.m. to 3 p.m., May 27. Entrance by donation. * Painting Exhibition by Eddy Sundara, at Negeri Lama Gallery, Jl.
Fri, 26 May 2000
Parking fee fracas in Bali
Parking fee fracas in Bali DENPASAR, Bali: A clash between villagers in Seririt regency in Buleleng, 120 kilometers northwest of here, erupted on Thursday morning leaving two people badly injured."The clash was ignited by a trivial misunderstanding between several youths from two villages," chief...
Fri, 26 May 2000
Mari queries Texmaco, Chandra Asri deals
Mari queries Texmaco, Chandra Asri deals JAKARTA (JP): Economist Mari Pangestu questioned on Thursday the debt settlements for textile giant Texmaco Group and petrochemical firm PT Chandra Asri Petrochemical Center, saying the deals lacked transparency.
Fri, 26 May 2000
Popeyes to open RI stores
Popeyes to open RI stores ATLANTA (AP): Popeyes Chicken and Biscuit plans take its Cajun flavor to Indonesia.The restaurant, a subsidiary of Atlanta-based AFC Enterprises, has signed a deal to open 56 restaurants with an Indonesian company within five years.
Fri, 26 May 2000
Lifting ban on communism to promote democracy
Lifting ban on communism to promote democracyBy Kamaluddin Pane JAKARTA (JP): President Abdurrahman Wahid's (Gus Dur) proposal to revoke the Provisional People's Consultative Assembly (MPRS) Decree No. 25/1966 banning communism has triggered mass demonstrations by Muslim political groups for the...
Fri, 26 May 2000
Kerosene output increased
Kerosene output increased PURWOKERTO, Central Java (JP): In response to the disappearance of kerosene from markets in Central Java and several areas in West Java, state oil and gas company Pertamina increased kerosene output at its refinery in Cilacap, Central Java since Monday.
Fri, 26 May 2000
ASEAN urges US to back early entry
ASEAN urges US to back early entry KUALA LUMPUR (AFP): The Association of Southeast Asian Nations (ASEAN) urged on Thursday the United States to support the early entry of Cambodia, Laos and Vietnam into the World Trade Organization (WTO).
Fri, 26 May 2000
Sapuan questioned over Rp 35b scam
Sapuan questioned over Rp 35b scam JAKARTA (JP): Police questioned on Thursday deputy chief of the National Logistics Agency (Bulog) Sapuan as a suspect in a Rp 35 billion scam which involved a masseur of President Abdurrahman Wahid.Jakarta Police detective chief Col.
Fri, 26 May 2000
Govt to review policy on imports of luxury vehicles
Govt to review policy on imports of luxury vehicles JAKARTA (JP): The government might soon lift the ban on imports of completely built-up luxury cars with engine capacities exceeding 4,000cc, Minister of Trade and Industry Luhut Panjaitan said on Thursday.
Fri, 26 May 2000
U.S. to resume military ties with Indonesia
U.S. to resume military ties with Indonesia JAKARTA (JP): The United States has quietly moved to begin mending military ties with Indonesia after they were suspended for more than eight months following the East Timor debacle.
Fri, 26 May 2000
House okays Bank Niaga recapitalization
House okays Bank Niaga recapitalization JAKARTA (JP): After hours of heated debate, the House of Representatives finally approved late on Thursday to fund the increased costs for the recapitalization of publicly listed Bank Niaga.The recapitalization costs have increased to Rp 9.46 trillion (US$1.
Fri, 26 May 2000
Peleng quake toll rises
Peleng quake toll rises PALU, Central Sulawesi: The death toll of an earthquake on May 4 in Peleng Island rose to 48 after another victim who had been treated in hospital died.Djeraini, 67, a resident of Banggai islands died from on Wednesday after being treated for three weeks.
Fri, 26 May 2000
Envoy vows to help probe Indonesian worker abuse case
Envoy vows to help probe Indonesian worker abuse case JAKARTA (JP): Palestinian Ambassador Ribbi Awad vowed on Thursday to help investigate the alleged abuse of a teenage Indonesian migrant worker by her employers and labor agency in Gaza."So far, I haven't received any information about it.
Fri, 26 May 2000
President to survive interpellation
President to survive interpellation Legislators plan to exercise their interpellation rights and question President Abdurrahman (Gus Dur) Wahid over his controversial policies. Political science lecturer Arbi Sanit of the University of Indonesia shares his views on the possible impact the...
Fri, 26 May 2000
Millennium 2000 Opera Gala Night shows again
Millennium 2000 Opera Gala Night shows again JAKARTA (JP): The "Millennium 2000 Opera Gala Night", premiered last April, will show again at the Dharmawangsa hotel this Saturday.Concert organizer Dorothy Poon-Louvet said the show would take place in the Dharmawangsa's grand ballroom, featuring the...
Fri, 26 May 2000
Luring investment
Luring investment Against a backdrop of the sagging of the rupiah against the U.S. dollar and the dire need of quick recovery from a prolonged economic "impotence", the initiative to lure more foreign investors as televised live by TVRI on the evening of May 23, 2000, deserves praise.
Fri, 26 May 2000
ASEAN urges French investment
ASEAN urges French investment PARIS (AFP): The Association of Southeast Asian Nations urged on Wednesday, French companies to invest in regional infrastructure projects, during the first ASEAN joint investment mission to France.
Fri, 26 May 2000
Bakrie Finance bankrupt: Supreme Court
Bakrie Finance bankrupt: Supreme Court JAKARTA (JP): The Supreme Court has declared PT Bakrie Finance Corporation bankrupt, overruling the verdict issued by the Jakarta Commercial Court in March, a foreign creditor said.
Fri, 26 May 2000
Nippon Oil strikes gas field
Nippon Oil strikes gas field TOKYO (AFP): Japan's Nippon Mitsubishi Oil Corp. said on Thursday its Australian unit had struck a gas field at a survey site in the Timor Sea off Darwin.Nippon Oil Exploration Pty Ltd., owned 51 percent by Nippon Mitsubishi and 49 percent by Japan National Oil Corp.
Fri, 26 May 2000
Corruption: What to do?
Corruption: What to do? Eradicating corruption in Indonesia will take time because cases are rampant. "Such practices have been deeply rooted in society for decades. I need extra prayers and moral support from the people to make our work a success," the chairman of the government's newly installed...
Fri, 26 May 2000
Three police sergeants fired
Three police sergeants fired JAKARTA (JP): After months of a thorough investigation of their alleged crimes, three city police sergeants were finally fired from the force beginning on Thursday.The dismissal of the three men -- chief Sgt. Antonius Bargowo, chief Sgt. Sunyoto and Second Sgt.
Fri, 26 May 2000
Ethnic eruptions in Fiji
Ethnic eruptions in Fiji The civilized world will unanimously condemn the crude attempt to topple the democratically elected government in Fiji, in particular to oust its prime minister. That the principal victim is of Indian origin is only an additional reason why India and Indians will be...
Thu, 25 May 2000
BHP sells IT unit
BHP sells IT unit MELBOURNE (Dow Jones): Broken Hill Proprietary Co. (BHP), an Australian steel, energy and mining company, said Wednesday it sold its information technology division to U.S.-based Computer Sciences Corp. (CSC).The sale includes BHP Information Technology Pty. Ltd.
Thu, 25 May 2000
Grand plan for library a step ahead of times
Grand plan for library a step ahead of times JAKARTA (JP): After thinking deeply, Hernandono, the head of the National Library -- home to a lofty number of historical documents -- finally realized that his dream of developing the institution into a world-class library might be too ambitious.
Thu, 25 May 2000
Foreign affairs ministry undergoes reshuffle
Foreign affairs ministry undergoes reshuffle JAKARTA (JP): The Ministry of Foreign Affairs is undergoing a quiet reshuffle of its top echelon with a signatory of the recent Aceh accord, Hassan Wirajuda, replacing senior diplomat Nugroho Wisnumurti as Director General for Political Affairs.
Thu, 25 May 2000
First quarter GDP numbers mark uneven Asian expansion
First quarter GDP numbers mark uneven Asian expansion SINGAPORE (Dow Jones): Fresh growth figures released by Asian countries for the first quarter highlight the uneven nature of the region's economic expansion.
Thu, 25 May 2000
'Mad' puppeteer's reworked 'wayang' a success
'Mad' puppeteer's reworked 'wayang' a successBy Agus Maryono PURWOKERTO, Central Java (JP): Dalang (puppet master) Entus Susmono has been the target of endless name-calling: controversial, eccentric, unconventional, humorous, mad.
Thu, 25 May 2000
Athletes told to follow victors' path
Athletes told to follow victors' path JAKARTA (JP): Training director for the 2000 Olympic Games Arie Sudewo urged athletes to follow their compatriots lead in winning the Thomas Cup on four consecutive occasions, and a total of 12 times, after defeating China 3-0 Sunday.
Thu, 25 May 2000
Two men commit suicide separately
Two men commit suicide separately JAKARTA (JP): Kemayoran Police detectives in Central Jakarta are still investigating the circumstances surrounding the death of 27-year-old man on Monday from severe burns, an officer said on Tuesday.