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Tue, 16 May 2000
Oil drilling plans for Cambodian lake opposed
Oil drilling plans for Cambodian lake opposed PHNOM PENH (AP): Reported plans to drill for oil and gas near the Tonle Sap lake system, a source of water and fish for millions of Cambodians, sparked concerns last week from environmental specialists.
Tue, 16 May 2000
Proposed U.S. label law may hit Asian palm oil exports
Proposed U.S. label law may hit Asian palm oil exports KUALA LUMPUR (Dow Jones): The U.S. Food and Drug Administration's planned move to classify trans fatty acids and saturated fats under one food product category for labeling would severely hit U.S.
Tue, 16 May 2000
Yusril says he is ready for lawsuit
Yusril says he is ready for lawsuit JAKARTA (JP): Crescent Star Party chairman Yusril Ihza Mahendra said he was prepared to face a lawsuit filed by a rival group of 16 former party executives over alleged money politics.
Tue, 16 May 2000
BI rules out rate hike to shore up ailing rupiah
BI rules out rate hike to shore up ailing rupiah JAKARTA (JP): Bank Indonesia ruled out on Tuesday any plans to raise interest rates or engage in massive dollar-selling in an attempt to rescue the ailing rupiah.Bank Indonesia deputy governor Miranda S.
Tue, 16 May 2000
Sony workers continue with sit-down protest
Sony workers continue with sit-down protest JAKARTA (JP): Electronic giant PT Sony Electronics Indonesia has suffered some US$200 million in losses following a prolonged strike by 900 of it workers since April 26.
Tue, 16 May 2000
Dozens faint at 'Westlife' concert
Dozens faint at 'Westlife' concert JAKARTA (JP): The five-member boyband Westlife stunned a sea of thousands of teenage girls at Senayan Sports Hall in Central Jakarta on Monday evening.The 6,000-seat capacity hall was filled with the hysterical screams of girls shortly after the five Irish boys...
Tue, 16 May 2000
Rates for tax payment, valid from May 15 to May 21
Rates for tax payment, valid from May 15 to May 21 U.S. dollar 1 Rp 7,990.00Austrian schilling 1 521.02Australian dollar 1 4,639.79Belgian franc 1 177.72Canadian dollar 1 5,354.15Swiss franc 1 4,626.25Deutschemark 1 3,667.32Danish krone 1 956.79French franc 1 1,092.97Poundsterling 1 12,016.
Tue, 16 May 2000
Eight arrested for car mirror theft
Eight arrested for car mirror theft JAKARTA (JP): City Police Mobile Detectives have arrested eight people in the past two weeks for allegedly stealing 10 sets of rearview mirrors from luxury cars during traffic jams.City police chief of detectives, Col.
Tue, 16 May 2000
JAPFA leads chess league
JAPFA leads chess league JAKARTA (JP): JAPFA chess team leads group A of Indonesia Chess League 2000 at Novotel Hotel, Surabaya, after winning 3.5- 0.5 against the Bali team in the fourth round and 4-0 against the South Sulawesi team in the fifth round on Monday.
Tue, 16 May 2000
Crime on the rise
Crime on the rise It is now a public secret that crime in the capital and elsewhere in the country is on the rise, whether we like it or not. Many people are asking if taking a bus or taxi is still safe.
Tue, 16 May 2000
A picture of education in fishing communities
A picture of education in fishing communitiesBy Mikael Onny Setiawan KENYAMUKAN, East Kalimantan (JP): Maskur, a first-grade student at Kenyamukan elementary school, stands barefoot in front of the class, clutching a Bahasa Indonesia text book."Sa-ya, saya ... sis-wa, siswa ..." he reads out loud.
Tue, 16 May 2000
Philips opens phone outlets
Philips opens phone outlets JAKARTA (JP): Philips Consumer Communications Indonesia announced on Monday the opening of the first authorized sales and repair centers for its mobile phone products at ITC Roxy Mas, the city's busiest cellular phone market.
Tue, 16 May 2000
Minister slammed for forestry policy proposal
Minister slammed for forestry policy proposal JAKARTA (JP): A former top government official criticized on Monday Minister of Forestry and Plantations Nur Mahmudi Ismail's plan to transfer control of the country's forests to state-owned forestry firm Perum Inhutani.
Tue, 16 May 2000
Palyja reopens Muara Karang branch office
Palyja reopens Muara Karang branch office JAKARTA (JP): French-based Pam Lyonnaise Jaya (Palyja) water management company has had 10 of its 14 offices vandalized by members of the labor union of the city-owned tap water company PAM Jaya, but is ready to reopen its branch office in Muara Karang,...
Tue, 16 May 2000
Properties of closed down banks up for auction
Properties of closed down banks up for auction JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) will auction this month about 25 properties formerly owned by liquidated banks.The properties, worth about Rp 15 billion (about US$1.
Tue, 16 May 2000
Environmentalists demand Freeport's temporary closure
Environmentalists demand Freeport's temporary closure JAKARTA (JP): An environmental group demanded a temporary halt to operations of mining company PT Freeport Indonesia following a May 4 accident which resulted in four missing workers.
Tue, 16 May 2000
Bali firm with vendors
Bali firm with vendors DENPASAR, Bali: The local administration has said it will remain firm in its decision to curb street vendors in Puputan Badung Square despite a protest involving hundreds of vendors demanding that the regulation be relaxed.
Tue, 16 May 2000
Probe begins into HIV-tainted blood
Probe begins into HIV-tainted blood KUALA LUMPUR (AP): Authorities in a northern Malaysian state ordered health officials and the police on Monday to submit detailed reports on how a 47-year-old woman was given blood contaminated with HIV, the national news agency said.
Tue, 16 May 2000
Tourism board to hold expo
Tourism board to hold expo JAKARTA (JP): A national tourism exhibition called the Pesta Wisata Nusantara will be held at the Jakarta Convention Center here from May 18 to May 21 to promote domestic tourism.
Tue, 16 May 2000
Rupiah in uncertain times
Rupiah in uncertain times Bank Indonesia made the correct decision last week by not using any of the ammunition in its arsenal to shore up the rupiah, which dropped to a seven-month low of Rp 8,768 against the dollar on Friday morning before closing the week at Rp 8,380.
Tue, 16 May 2000
Matari has new director
Matari has new director JAKARTA (JP): Matari Advertising announced on Monday the appointment of Steve McNamara as its new executive creative director.The company said McNamara previously served as creative director for several agencies in California and also spent four years at the same position...
Tue, 16 May 2000
Singaporean gets 10 years in jail
Singaporean gets 10 years in jail TANGERANG (JP): Tangerang District Court sentenced a Singaporean on Saturday to 10 years in jail and fined her Rp 2 million for attempting to smuggle 5,852 ecstasy pills last year.Presiding judge Lucia Usmany said Kow Mui Hat, 24, was caught on Sept.
Tue, 16 May 2000
City Hall bans traders of pirated VCDs in Glodok
City Hall bans traders of pirated VCDs in Glodok JAKARTA (JP): The city administration announced on Monday that traders of pirated VCDs are prohibited to run their businesses at the area around the Glodok Harco building complex.
Tue, 16 May 2000
Mining association upset over royalty increase
Mining association upset over royalty increase JAKARTA (JP): The Indonesian Mining Association (IMA) expressed disappointment on Monday over the government's decision to raise the royalty rates imposed on mining companies, saying the policy would stave off foreign mining investment.
Tue, 16 May 2000
Bapepam fines firms for violations
Bapepam fines firms for violations JAKARTA (JP): Nine publicly listed companies have been fined a total of Rp 4.2 billion for breaching capital market regulations, the Capital Market Supervisory Agency (Bapepam) said here on Monday.
Tue, 16 May 2000
Strict controls imposed on SIM applicants
Strict controls imposed on SIM applicants JAKARTA (JP): In compliance with the nationwide campaign for the eradication of corruption, collusion and nepotism (KKN), the city police have instituted strict controls on obtaining or renewing driver's licenses since early this month.
Tue, 16 May 2000
Fresh quake hits Kendari, Luwuk Banggai islands
Fresh quake hits Kendari, Luwuk Banggai islands MAKASSAR, South Sulawesi (JP): An earthquake jolted the Southeast capital of Kendari in the early hours of Monday morning, but the local meteorology and geophysics agency ruled out any connection with the ongoing tremors that have subsequently...
Tue, 16 May 2000
President hails DPA proposal on First Minister
President hails DPA proposal on First Minister JAKARTA (JP): President Abdurrahman Wahid welcomed on Monday a proposal from the Supreme Advisory Council (DPA) to appoint a First Prime Minister in the cabinet to help manage the country.
Tue, 16 May 2000
Citibank's escrow service
Citibank's escrow service JAKARTA (JP): Citibank announced on Monday the launch of ExcrowPlus!, an integrated breadth of escrow services for companies and organizations in the process of restructuring, mergers and acquisitions or sale and purchase of assets.
Tue, 16 May 2000
Kurniawan faces sanction over alleged drug use
Kurniawan faces sanction over alleged drug use JAKARTA (JP): The Soccer Association of Indonesia (PSSI) will sanction Kurniawan Dwi Yulianto from PSM Makassar soccer club on Friday after he failed to explain his alleged use of shabu-shabu (crystal methamphetamine) last month.
Tue, 16 May 2000
Indian motorbikes roar into Indonesian market
Indian motorbikes roar into Indonesian market JAKARTA (JP): Indian motorbike manufacturer Hero-Puch of the Hero Group introduced here on Monday the Motorilenia, officially entering the competition for the country's growing motorbike market.
Tue, 16 May 2000
IBRA officialy unveils Ombudsman Commission
IBRA officialy unveils Ombudsman Commission JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) officially launched on Monday its Ombudsman Commission as part of the effort to ensure good corporate governance at the agency.
Tue, 16 May 2000
BPS to cut GDP forecast to 1.5%
BPS to cut GDP forecast to 1.5% JAKARTA (JP): The Central Bureau of Statistics (BPS) said on Monday it would revise down this year's economic growth forecast to 1.5 percent from the initial target of 4 percent, due to continuing political instability.
Tue, 16 May 2000
Akbar wants govt to explain RI-GAM truce signing abroad
Akbar wants govt to explain RI-GAM truce signing abroad JAKARTA (JP): Wariness slowly crept in on Monday as concerns grew that the government committed a diplomatic blunder in signing an accord that could confer international recognition to the Free Aceh Movement (GAM).
Tue, 16 May 2000
Soeharto questioned again over alleged corruption
Soeharto questioned again over alleged corruption JAKARTA (JP): A team of state prosecutors questioned for a third time former president Soeharto here on Monday over alleged corruption during his 32 years in power.Soeharto was questioned for more than two hours at his residence in Central Jakarta.
Tue, 16 May 2000
Mahaka SM loses in ABC Champions Cup
Mahaka SM loses in ABC Champions Cup JAKARTA (JP): Jakarta's Mahaka Satria Muda (SM) club has failed to shine in the ABC Champions Cup at Ghazir Club Court in Beirut, Lebanon.The champion of the 1999 national basketball league was thrashed by Al Manama of Bahrain 64-93 in Group B's game on Monday...
Tue, 16 May 2000
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 15, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 725 0 0 Adindo Foresta Indonesia 400 -25 466,000 Alakasa Industrindo 1,000 0 0 Alfa Retailindo 825 -25...
Tue, 16 May 2000
Indonesia to face China, Korea vs Denmark in Uber Cup semis
Indonesia to face China, Korea vs Denmark in Uber Cup semisBy Primastuti Handayani KUALA LUMPUR (JP): Indonesian girls will have to fight harder in their next match against China in the final four of the Uber Cup Championships at the Putra Indoor Stadium Wednesday.
Tue, 16 May 2000
Indonesia banking on agroindustry: Luhut
Indonesia banking on agroindustry: Luhut JAKARTA (JP): The agroindustry sector, having shown its resilience during the economic crisis, will play a key role in Indonesia's economic development in the coming years, Minister of Industry and Trade Luhut Binsar Pandjaitan said on Monday.
Tue, 16 May 2000
Conversion Rates
Conversion Rates Bank Indonesia's conversion rates on May 15, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 8,070.00 9,070.00Australian dollar 1 4,680.60 5,265.14Austrian schilling 1 538.44 605.49Belgian franc 1 183.67 206.54Brunei dollar 1 4,669.60 5,251.27Canadian dollar 1 5,430.
Tue, 16 May 2000
Suspect shaman killed by mob
Suspect shaman killed by mob PURWOKERTO, Central Java: Hundreds of people ran amok and mobbed to death a 40-year-old man suspected of being a shaman here on Sunday evening."Police have detained 20 people over the incident.
Tue, 16 May 2000
VP to visit Irian Jaya
VP to visit Irian Jaya JAYAPURA, Irian Jaya: Acting Governor Musiran Darmosuwito announced on Monday that Vice President Megawati Soekarnoputri was due to arrive in the provincial capital for a five-day visit on Thursday.
Tue, 16 May 2000
IMF approval seen this week
IMF approval seen this week BRUSSELS (Dow Jones): International Monetary Fund Indonesia Representative John Dodsworth Monday said that he expects the IMF to approve a $400 million tranche of a $5 billion loan to Indonesia this week.He expects that the IMF will start disbursing the funds this June.
Tue, 16 May 2000
China changes lineup in hope of beating RI shuttlers
China changes lineup in hope of beating RI shuttlersBy Primastuti Handayani KUALA LUMPUR (JP): China will change its line-up team to enable its men's shuttlers to upset defending champion Indonesia in the Thomas Cup championships' yellow group round-robin at the Putra Indoor Stadium on Tuesday.
Tue, 16 May 2000
S'pore warns of rash of forest fires in Indonesia
S'pore warns of rash of forest fires in Indonesia SINGAPORE (AFP): Singapore on Monday warned of a significant increase in forest fires on the nearby Indonesian island of Sumatra, raising fears that the smoky haze could spread amid drier than normal weather conditions.
Tue, 16 May 2000
Experience is the best teacher
Experience is the best teacherFrom GatraThe economy in the Sukarno era was devastated simply because Bung Karno was excessively involved in politics. Now, I would like to call on President Abdurrahman Wahid not to repeat Sukarno's mistake, including not insisting on lifting the ban on the...
Tue, 16 May 2000
Asian monies tumble late, rupiah casts pall over region
Asian monies tumble late, rupiah casts pall over region SINGAPORE (Dow Jones): The foundering Indonesian rupiah Monday cast a pall over regional Asian currencies already under pressure from what analysts say is an impending hike in U.S. interest rates later this week.
Tue, 16 May 2000
WB role in Indonesia: What else to be done?
WB role in Indonesia: What else to be done? This is the first of two articles based on a presentation by Indonesia's World Bank Country Director,Mark Baird, at a seminar on Indonesia's recovery held by the Kapital business tabloid in Jakarta on May 11.
Tue, 16 May 2000
Azizah meets with local party leaders
Azizah meets with local party leaders JAKARTA (JP): Malaysian Justice Party chairwoman Wan Azizah Wan Ismail, the wife of jailed former deputy prime minister Anwar Ibrahim, met with several political party leaders here on Monday.
Tue, 16 May 2000
RP kidnappers asked to put demands in writing
RP kidnappers asked to put demands in writing JOLO, Philippines (Agencies): Philippines President Joseph Estrada on Monday told guerrillas holding 21 mostly foreign hostages to put their demands in writing as Manila prepared for lengthy talks with the captors.