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Wed, 24 May 2000
War over Chinese insurance industry to grow after WTO
War over Chinese insurance industry to grow after WTO SHANGHAI (AFP): China's insurance regulators will not give up their fight to protect ailing domestic insurance firms from foreign competition once the country joins the World Trade Organization, industry sources said.
Wed, 24 May 2000
Hungary names Bandung consul
Hungary names Bandung consul BANDUNG (JP): Hungary has appointed businessman Atilla Kamory as its honorary consul to Bandung, West Java.Hungarian Ambassador to Indonesia Tamas Lajos said the West Java capital produced goods such as shoes and textiles which were a major part of Indonesia's exports...
Wed, 24 May 2000
Rio Tinto corrects statement
Rio Tinto corrects statement JAKARTA (JP): Mining company Rio Tinto Indonesia said on Tuesday the closure of the gold mine of its subsidiary, PT Kelian Equatorial Mining (KEM), since early this month has resulted in a potential loss of 700 kilograms of production or 20,000 troy ounces not 400,000...
Wed, 24 May 2000
Asian currencies down as stock market falls
Asian currencies down as stock market falls SINGAPORE (Dow Jones): The drubbing on regional stock markets continued to push Asian currencies lower late Tuesday.However, while a recovery in the yen provided a mild respite for some currencies in late trading, faltering investor confidence in the...
Wed, 24 May 2000
BI: Rupiah at mercy of political rifts
BI: Rupiah at mercy of political rifts JAKARTA (JP): Bank Indonesia senior deputy governor Anwar Nasution warned on Tuesday the rupiah would weaken further if political conflicts and lawlessness continued.
Wed, 24 May 2000
Political prisoners' rights
Political prisoners' rightsFrom Sinar PagiThank God, all political prisoners have been given amnesty and released from prison. The House of People's Representatives (DPR) and the President have even agreed that the names of all those imprisoned under the New Order regime for attempting to criticize...
Wed, 24 May 2000
Soemarjono grilled over fake money
Soemarjono grilled over fake money SURABAYA (JP): Retired Army officer Soemarjono was officially named the main suspect in a counterfeit money case on Tuesday after he failed to refute allegations when Surabaya Police confronted him with other suspects.Chief of Surabaya Police detectives Lt. Col.
Wed, 24 May 2000
Stock quotations on JSX
Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on May 23, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 725 0 0 Adindo Foresta Indonesia 375 0 116,000 Alakasa Industrindo 1,250 250 1,000 Alfa...
Tue, 23 May 2000
Where to go in Bandung for Tuesday, May 23, 2000
Where to go in Bandung for Tuesday, May 23, 2000Exhibition* Art Stone and NTT Traditional Handycraft Exhibition by Mayorga Gallery and Joglocakra, at Grand Hotel Preanger Bandung, Jl. Asia Afrika No. 81 (Phone: 022 431631), 9 a.m. to 9 p.m., until May 31.
Tue, 23 May 2000
Asian currencies mixed, rupiah falls slightly
Asian currencies mixed, rupiah falls slightly SINGAPORE (Dow Jones): The South Korean won and the Philippine peso were battered late Monday on a host of domestic concerns, shrugging off the impact of a stronger yen's earlier in the day which helped buoy other regional currencies, dealers said.
Tue, 23 May 2000
Abdurrahman inaugurates Habibie Center
Abdurrahman inaugurates Habibie Center JAKARTA (JP): President Abdurrahman Wahid inaugurated the highly publicized Habibie Center on Monday and said that promoting democracy in the country is not "an easy job" as democratic traditions were virtually unknown during the past regime.
Tue, 23 May 2000
Bank Mandiri has new boss
Bank Mandiri has new boss JAKARTA (JP): Finance minister Bambang Sudibyo has appointed ECW Neloe, a former director of the state Bank Dagang Negara (BDN) as the new president of state Bank Mandiri.Neloe, who is currently president of petrochemical giant PT Chadra Asri, replaced Robby Djohan, who...
Tue, 23 May 2000
Rejoice in victory
Rejoice in victory Indonesia's victory in the Thomas Cup in Kuala Lumpur on Sunday provided a welcome celebration for the nation that has been mired in a seemingly endless crisis for the past three years.
Tue, 23 May 2000
Business back to normal at driver's license unit
Business back to normal at driver's license unit JAKARTA (JP): What time is it? Ask anyone at the Jakarta Police driver's license processing unit on Jl. Daan Mogot, West Jakarta, and you might get confused.
Tue, 23 May 2000
Conversion Rates
Conversion RatesBank Indonesia's conversion rates on May 22, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,790.00 8,790.00Australian dollar 1 4,430.95 5,004.15Austrian schilling 1 507.36 572.74Belgian franc 1 173.06 195.37Brunei dollar 1 4,512.54 5,094.77Canadian dollar 1 5,202.
Tue, 23 May 2000
National Games to go on schedule: Official
National Games to go on schedule: Official JAKARTA (JP): Secretary General of the National Sports Council (KONI) Rudolf S. Warouw confirmed on Monday that the 15th National Games (PON) will go on as originally scheduled, from June 19 to June 30 in Surabaya.
Tue, 23 May 2000
Habibie Center for the people
Habibie Center for the people The presence of the Habibie Center and the Habibie Comet in the firmament cannot help but rekindle memories of the Habibie era, during which he was the head of state.Speaking in a television interview on the evening of May 21, he said that these days he preferred to be...
Tue, 23 May 2000
Mahmudi tries to sell regions on proposal
Mahmudi tries to sell regions on proposal JAKARTA (JP): Minister of Forestry and Plantation Nur Mahmudi Ismail said on Monday that regional administrations will benefit from his proposal to put all forestry concessions in the hands of Perum Inhutani, the state-owned forestry company.
Tue, 23 May 2000
Indonesians caught fishing in Malaysia
Indonesians caught fishing in Malaysia KUALA LUMPUR (DPA): Malaysian authorities said on Monday 16 Indonesians and 11 Vietnamese fishermen have been arrested for illegally fishing in waters off Malaysia's Sarawak state on Sunday.
Tue, 23 May 2000
Govt awards seven oil and gas contracts
Govt awards seven oil and gas contracts JAKARTA (JP): The government awarded on Monday seven oil and gas contracts -- the first of the year -- to four international and three local companies.The contracts, with a total investment commitment of over US$112 million for 10 years, were described by...
Tue, 23 May 2000
Gus Dur's brother decides to quit IBRA, says Cacuk
Gus Dur's brother decides to quit IBRA, says Cacuk JAKARTA (JP): President Abdurrahman Wahid's younger brother Hasyim Wahid has resigned from the powerful Indonesian Bank Restructuring Agency (IBRA), the agency's chief said."Yes, that is true.
Tue, 23 May 2000
Ilham Malayu's poetry a line to sanity
Ilham Malayu's poetry a line to sanityBy Amir Sidharta JAKARTA (JP): Imagine yourself having to live in the confines of a prison for longer than you had lived already? Would you go crazy?In 1984, Ilham Malayu was sentenced to 33 years and four months imprisonment by the Thai government for drug...
Tue, 23 May 2000
Kerosene missing in Purwokerto
Kerosene missing in Purwokerto PURWOKERTO, Central Java: Local residents here have been suffering from a kerosene drought for the past number of days, with the price soaring up to Rp 1,000 per liter from Rp 400.
Tue, 23 May 2000
Political maneuverings affect the economy
Political maneuverings affect the economy Factions in the House of Representatives, particularly those of the Indonesian Democratic Party of Struggle and Golkar, have been busily maneuvering lately. What binds them together is common interests such as the recent dismissal of state minister of...
Tue, 23 May 2000
Stock quotations on JSX
Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on May 22, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 725 0 0 Adindo Foresta Indonesia 375 -25 65,500 Alakasa Industrindo 1,000 0 0 Alfa Retailindo...
Tue, 23 May 2000
UT's unit restructures debt
UT's unit restructures debt JAKARTA (JP): PT United Tractors Pandu Engineering (UTE), a unit of publicly-listed heavy equipment distributor PT United Tractors, said it had closed a deal with its creditors to restructure a debt of US$14.5 million.
Tue, 23 May 2000
Illegal logging rampant along Indonesian-Malaysian border
Illegal logging rampant along Indonesian-Malaysian border PONTIANAK, West Kalimantan (JP): The residents of Seriang village, where people usually live in harmony, recently became involved in a brawl with residents of a neighboring village.
Tue, 23 May 2000
Pertamina reviews tanker deal
Pertamina reviews tanker deal JAKARTA (JP): State oil and gas company PT Pertamina said on Monday it had agreed with tanker consortium Pacific LNG Transport Ltd. -- linked with former President Soeharto's family -- to cut the transportation cost of its liquefied natural gas (LNG).
Tue, 23 May 2000
Malaysia in a fix over hostages in RP
Malaysia in a fix over hostages in RPBy Nelson Graves KUALA LUMPUR (Reuters): Guerrillas holding 21 hostages in the Philippines have put Malaysia in a bind, forcing Kuala Lumpur to consider accepting thousands of illegal immigrants in surprise talks that irked Manila.
Tue, 23 May 2000
Traders cool on coffee producer plan
Traders cool on coffee producer plan SINGAPORE (Reuters): A new producer plan to bolster prices on the multi-billion dollar international raw coffee market was greeted coolly on Monday by Asia traders who suspect regional producers will find it hard to fund and to enforce.
Tue, 23 May 2000
Utut wins in Vietnam
Utut wins in Vietnam JAKARTA (JP): Indonesian Grand Master (GM) Super Utut Adianto made a good start in the Zone 3.2A Asia Championships in Vietnam beating International Master (IM) Petronica Rona of the Philippines on Sunday.
Tue, 23 May 2000
What is behind the Texmaco case?
What is behind the Texmaco case?From Warta KotaI am really indignant at the performance of the Attorney General's Office. It is highly incredible that since Soeharto's downfall there has been not one criminal in the economic field who has been brought to court.
Tue, 23 May 2000
Govt criticized for inability to fight graft
Govt criticized for inability to fight graft JAKARTA (JP): The National Law Commission has expressed its concern over ongoing rampant corruption resulting from the sluggish movement of the government's law enforcement agencies to cope with the crime.
Tue, 23 May 2000
Catcha launches SMS service
Catcha launches SMS service JAKARTA (JP): Catcha.co.id, one of several localized search engine portals, launched on Monday its first free Short Signaling (SMS) service via the Internet.The company said the service enables visitors to the portal to send SMS messages to their friends and family, who...
Tue, 23 May 2000
ASF gets ISO certificate
ASF gets ISO certificate JAKARTA (JP): PT Astra Sedaya Finance (ASF), a subsidiary of PT Astra International, has received a certificate of ISO 9001 from the United Kindom-based SGS Yarsley ICS.The company said here on Monday that the ISO 9001 certification was issued by SGS Yarsley on April 10...
Tue, 23 May 2000
Robber shot dead in Senen
Robber shot dead in Senen JAKARTA (JP): Central Jakarta Police shot dead one of four robbers near Senen Railway Station on Monday, a police officer said.Police detectives chief Capt. Hendra Suhartiyono said an officer on patrol saw four men attempting to rob four women.
Tue, 23 May 2000
Team to amend Constitution facing contentious factions
Team to amend Constitution facing contentious factions JAKARTA (JP): The issue of nonelected seats for the military/police at the People's Consultative Assembly and direct presidential elections quickly became contentious issues as an ad hoc committee began proceedings on Constitutional amendment...
Tue, 23 May 2000
Thousands of teakwood looted in Banyumas
Thousands of teakwood looted in Banyumas PURWOKERTO, Central Java: The West Banyumas forestry administration revealed that no less than 3,500 cubic meters of wood from around 10,500 trees have been looted from January to April this year.
Tue, 23 May 2000
There is no violence in Bali
There is no violence in Bali The violent takeover of power in Fiji by George Speight and a band or armed thugs on May 19, 2000 has opened a window of opportunity for Bali to cash in on what will be millions of dollars worth of cancellations when travel agents in Australia and New Zealand open their...
Tue, 23 May 2000
Sjahril denies involvement in Bank Bali scandal
Sjahril denies involvement in Bank Bali scandal JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin denied on Monday that he attended a Feb. 11, 1999 meeting which discussed measures to accelerate Bank Bali's loan disbursement from the Indonesian Bank Restructuring Agency (IBRA).
Tue, 23 May 2000
PBSI must work hard to keep winning ways
PBSI must work hard to keep winning waysBy Primastuti Handayani KUALA LUMPUR (JP): Sunday was a time of celebration for the national team's shuttlers, with the men accomplishing their goal of bringing home the Thomas Cup and the women reaching the Uber Cup semifinals.
Tue, 23 May 2000
It's time to support businesses
It's time to support businessesBy T.N. Machmud JAKARTA (JP): In a country where politics are of paramount importance and keeping political groups happy is the number one priority, it is not surprising that the plight of the ordinary businessman and what it takes for him to turn a profit or what...
Tue, 23 May 2000
Two Malaysians on trial for sedition
Two Malaysians on trial for sedition KUALA LUMPUR (AFP): Two leading Malaysian opposition figures went on trial Monday under a widely criticized sedition law and face up to three years' in jail if convicted.
Tue, 23 May 2000
Activist predicts violence to prevail
Activist predicts violence to prevail More than 70 suspected petty thieves have been beaten to death, or set on fire, in Greater Jakarta's streets alone in the recent months. Advisory board member of the Commission for Missing Persons and Victims of Violence, Munir, makes a grim prediction:...
Tue, 23 May 2000
Student protests against Soeharto fan across city
Student protests against Soeharto fan across city JAKARTA (JP): The city witnessed another wave of anti-Soeharto protests on Monday when over 1,200 university students from different groups rallied at the Presidential Palace, Attorney General's Office and near the residence of former president...
Tue, 23 May 2000
E. Timor students back in campus
E. Timor students back in campus YOGYAKARTA: At least 30 East Timorese students will continue their studies at the state Gadjah Mada University (UGM) here after taking an unscheduled leave for last year's self- determination ballot on their home soil.Deputy rector M.
Tue, 23 May 2000
Tracing large-scale illegal logging business in Kalimantan
Tracing large-scale illegal logging business in KalimantanBy Edi Petebang PONTIANAK, West Kalimantan (JP): Under a scorching sun and in the presence of a number of West Kalimantan provincial officials, containers containing timber from the KM Clover were pried open on May 5 by activists from the...
Tue, 23 May 2000
Angkasa Pura faulted over tender
Angkasa Pura faulted over tender TANGERANG (JP): Head of the Tangerang chapter of the Indonesian Builders Association (Gapensi) Moch. Syafei protested on Monday discrimination and procedural violations by the Soekarno-Hatta International Airport operator, PT Angkasa Pura II, in appointing firms...
Tue, 23 May 2000
Cycle & Carriage open to more Astra shares
Cycle & Carriage open to more Astra shares SINGAPORE (Dow Jones): Singapore auto-distributor Cycle & Carriage is open to further raising its stake in Indonesian conglomerate PT Astra International, but has no immediate plans to do so, a senior executive says.
Tue, 23 May 2000
Soeharto to be put in 'secure location'
Soeharto to be put in 'secure location' JAKARTA (JP): The Attorney General's Office announced on Monday that it would move former president Soeharto to a "secure", state-protected location to facilitate further investigations and other safety reasons.