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Sat, 06 May 2000
S. Korea to invest over $100m in Indonesia
S. Korea to invest over $100m in Indonesia JAKARTA (JP): South Korean companies will invest over US$100 million in Indonesia this year to underpin their confidence on the economy, Minister of Foreign Affairs Alwi Shihab said on Friday.
Sat, 06 May 2000
Indonesian oil steady, low demand expected
Indonesian oil steady, low demand expected SINGAPORE (Bloomberg): Indonesian Crude premiums were steady today on expectations demand from China and Japan would remain limited next week, traders said.In the spot market, Indonesian benchmark Minas premiums were assessed at 85 US cents a barrel more...
Sat, 06 May 2000
Alwi pours cold water on Aceh plan
Alwi pours cold water on Aceh plan JAKARTA (JP): Foreign minister Alwi Shihab has poured cold water on rising expectations of the signing of an accord between Indonesia and the Free Aceh Movement (GAM) next week, saying it was neither a peace agreement nor a cease-fire.
Sat, 06 May 2000
Underdog tag motivates female shuttlers
Underdog tag motivates female shuttlers JAKARTA (JP): Being an underdog in the Thomas and Uber Cup championships in Kuala Lumpur next week has motivated Indonesia's female shuttlers to turn the presumption upside down."Being an underdog makes us want to prove that it's not right.
Sat, 06 May 2000
Tommy must pay Timor debts: IBRA
Tommy must pay Timor debts: IBRA JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) insisted on Friday "Tommy" Hutomo Mandala Putra, the former owner of automaker PT Timor Putra Nasional, repay his debt to the agency before pulling out of the company.
Sat, 06 May 2000
Train crash survivors tell of final moments
Train crash survivors tell of final moments TANGERANG (JP): Most of the passengers injured in Monday's fatal head-on train collision on the Jakarta-Merak line have been allowed by doctors to leave hospital.
Sat, 06 May 2000
Privatization of state enterprises
Privatization of state enterprises The State Minister of Investment and State Enterprises Development Mr. Rozy Munir told journalists that the target to raise about Rp 6,5 trillion in privatization proceeds this year is a very tough job (The Jakarta Post, April 27, 2000).
Sat, 06 May 2000
'Political patron' blamed for July 1996 incident
'Political patron' blamed for July 1996 incident JAKARTA (JP): Two retired generals separately testified before National Police investigators on Thursday and Friday that the country's former "political patron" was behind the July 27, 1996, violence.
Sat, 06 May 2000
Illegal shoes destroyed
Illegal shoes destroyed BANDUNG: The West Java Police burned on Friday 120,000 pairs of locally produced sports shoes for misusing the famous brand of American shoemaker New Balance.Antara reported on Friday that the shoes were seized from Budiman Halim, a local businessman, after the police...
Sat, 06 May 2000
A Europe Day Message
A Europe Day Message Instead of giving an overview of the different aspects of the European Union's relations with Indonesia, I would like to concentrate more on the issue of to what extent the European Union's integration can be of inspiration to Indonesia's democratic process.
Sat, 06 May 2000
Embassy security chiefs told Jakarta is now safer to live
Embassy security chiefs told Jakarta is now safer to live JAKARTA (JP): City police chief Maj. Gen. Nurfaizi told the security chiefs of dozens of embassies here on Thursday that the capital is now a safer place to live and is also safe for foreign investment.
Sat, 06 May 2000
Two suspects named in reforestation fund fraud
Two suspects named in reforestation fund fraud JAKARTA (JP): On Friday The Attorney General's Office named two suspects who allegedly misused Rp 23.3 billion of reforestation funds and abused government properties.
Sat, 06 May 2000
Rizal wants to revive Bulog's rice monopoly
Rizal wants to revive Bulog's rice monopoly JAKARTA (JP): Newly-appointed chief of the State Logistics Agency (Bulog) Rizal Ramli said on Friday that the agency needed greater "authority and resources" to resolve the national rice problem.
Sat, 06 May 2000
Conversion Rates
Conversion RatesBank Indonesia's conversion rates on May 5, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,455.00 8,455.00Australian dollar 1 4,427.52 5,029.88Austrian schilling 1 483.26 548.70Belgian franc 1 164.85 187.17Brunei dollar 1 4,331.78 4,915.70Canadian dollar 1 4,986.
Sat, 06 May 2000
East Timor to renegotiate Timor Gap Treaty
East Timor to renegotiate Timor Gap Treaty CANBERRA (Dow Jones): Independence leader Xanana Gusmao Friday served notice East Timor will renegotiate the terms of the Timor Gap Treaty, which covers sharing of royalties with Australia from energy production in the Timor Sea.
Sat, 06 May 2000
Regional fund proposed to support IMF in Asia
Regional fund proposed to support IMF in Asia CHIANG MAI, Thailand (Dow Jones): Thailand Friday tried to build support for a regional fund to work alongside the International Monetary Fund to combat future financial crises in Asia.
Sat, 06 May 2000
KL maintains currency peg
KL maintains currency peg KUALA LUMPUR (AP): Malaysia will not change its currency's peg to the U.S. dollar any time soon because the capital controls have helped to strengthen the country's economy, a senior finance official said.
Sat, 06 May 2000
New Zealand details assets of Soeharto and his family
New Zealand details assets of Soeharto and his family WELLINGTON (Agencies): New Zealand Foreign Minister Phil Goff on Friday sent Jakarta a list of assets held by former Indonesian president Soeharto and his family in New Zealand.
Sat, 06 May 2000
Where to go in Jakarta: Saturday, May 6, 2000
Where to go in Jakarta: Saturday, May 6, 2000Exhibitions * Painting Exhibition: Pelepasan Energi by Sulan, at Indo Steak Restaurant, Menara Kadin, 2nd fl, Jl. H.R. Rasuna Said Blok 3-5, 9 a.m. to 8 p.m., until May 11. * Sculpture Exhibition: Klein Plastiek, at Erasmus Huis, Jl. H.R.
Sat, 06 May 2000
Hanging in the balance
Hanging in the balance Although the government and the International Monetary Fund played down their failure to reach a new agreement on Indonesian reform programs on Wednesday, one cannot help but think that maybe things had gone awry in principle rather than technically in the last review meeting.
Sat, 06 May 2000
EC and Indonesia: A partnership in development
EC and Indonesia: A partnership in development Development cooperation between the European Commission (EC) and Indonesia started in 1976. The basic criterion has been that it should focus on Indonesia's own development priorities.
Sat, 06 May 2000
Four missing in Freeport accident
Four missing in Freeport accident JAYAPURA, Irian Jaya (JP): Four people were reported missing after the collapse of a large pile of waste belonging to giant mining company PT Freeport Indonesia at the Grasberg mine in Tembagapura, Mimika regency collapsed on Thursday.
Sat, 06 May 2000
KL rounds up 600 illegal immigrants
KL rounds up 600 illegal immigrants KUALA LUMPUR (AP): Malaysian police intensified a crackdown on illegal immigrants, rounding up more than 600 people on an island near the site of an April 23 kidnapping, a newspaper report said on Friday.
Sat, 06 May 2000
Lippo launches new ISP despite row on Lippo e-Net
Lippo launches new ISP despite row on Lippo e-Net JAKARTA (JP): Lippo Group launched on Friday an Internet service provider (ISP), www.link.net.id, despite some controversy over the group's insurance-turned-Internet company Lippo e-Net.
Sat, 06 May 2000
Antam 1Q ferronickel output down by 16%
Antam 1Q ferronickel output down by 16% JAKARTA (JP): Gold and nickel mining company PT Aneka Tambang (Antam) reported on Friday a 16 percent decline in its ferronickel production to 2,406 tons in the first quarter of this year from 2,860 tons in the previous quarter.
Sat, 06 May 2000
TV today
TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Songs 8:30 TV Series 9:30 Interval 2:00 p.m. News 2:30 Film: Amazing 3:00 Music 4:00 Regional News 4:30 Sports 5:00 News 5:30 TVRI News (in English) 6:00 Music 7:00 Evening News 7:30 TV Drama 8:00 Sports 9:00 World News 9:30 TV...
Sat, 06 May 2000
Stock quotations on JSX
Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on May 5, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 700 -75 16,000 Adindo Foresta Indonesia 425 25 2,568,500 Alakasa Industrindo 900 0 5,000 Alfa...
Sat, 06 May 2000
EU moves toward closer relations with Indonesia
EU moves toward closer relations with Indonesia The European Council adopted on March 20, 2000, the European Commission's Communication on Developing Closer Relations between Indonesia and the European Union.
Sat, 06 May 2000
New diesel oil policy needs govt approval
New diesel oil policy needs govt approval JAKARTA (JP): A new policy requiring industries in the eastern part of Indonesia to pay diesel oil at international prices will not be applied until the government gives its approval, state oil and gas company Pertamina said on Friday.
Sat, 06 May 2000
Cyber love bug has little impact on Jakarta's web
Cyber love bug has little impact on Jakarta's web JAKARTA (JP): The ILOVEYOU computer virus, which caused computer havoc across much of the world on Friday, did not appear to do much damage here.Few computer crashes were reported due to the virus.
Sat, 06 May 2000
EU: Indonesia's main investor and trading partner
EU: Indonesia's main investor and trading partnerEU: The largest investor in IndonesiaMature economic links exist between Indonesia and the European Union (EU). These deep roots to bilateral economic relations have proven their value during the current economic crisis.
Sat, 06 May 2000
Newmont Mining Corp. counters environmental charges at meeting
Newmont Mining Corp. counters environmental charges at meeting DENVER (Dow Jones): Newmont Mining Corp. (NEM) Chief Executive Ron Cambre disputed charges of environmental pollution and unfair dealing Thursday at the gold-mining company's annual shareholders' meeting in Denver.
Sat, 06 May 2000
Policemen tested positive for drugs
Policemen tested positive for drugs PALEMBANG: Eleven policemen were under questioning after they tested positive for drugs, Antara reported on Friday.Spokesman for the South Sumatera Police, Maj. Arum Priyono, said the policemen would go on trial as soon as the investigators wrap up their...
Sat, 06 May 2000
Another E. Timor conference planned
Another E. Timor conference planned BOGOR, West Java: A two day EU-INA conference on East Timor, jointly organized by Indonesia's Research Institute for Democracy and Peace (Ridep) and the Institute for Strategic and International Studies (IEEI) of Portugal ended here on Thursday, recommending that...
Sat, 06 May 2000
Govt considers sabotage as cause of train crash
Govt considers sabotage as cause of train crash JAKARTA (JP): Following rumors of railway tracks in Central Java being tampered with, Minister of Communications Agum Gumelar instructed on Friday an investigation into the possibility of sabotage being behind a train collision last Monday.
Sat, 06 May 2000
Lasmo finds gas in RI
Lasmo finds gas in RI LONDON (Dow Jones): Oil and gas exploration and production company Lasmo PLC (LSO) said Friday that it has discovered gas in both the Gada and Gula prospects off the coast of East Kalimantan, Indonesia.
Sat, 06 May 2000
Independent foundations for museums to be set up
Independent foundations for museums to be set up JAKARTA (JP): In an effort to have financially independent city-owned museums, the city administration will establish foundations to improve their performance and services, officials said on Friday.
Sat, 06 May 2000
Navy unable to curb crimes in Malacca Strait
Navy unable to curb crimes in Malacca Strait JAKARTA (JP): The Navy conceded on Friday it was unable to curb growing piracy, smuggling activities and other crimes along the busy Straits of Malacca.Chief of the Navy Western Fleet overseeing the country's western sea waters, Rear Adm.
Sat, 06 May 2000
Central Sulawesi earthquake death toll reaches 17
Central Sulawesi earthquake death toll reaches 17 MAKASSAR, South Sulawesi (JP): The death toll from the tectonic earthquake in Central Sulawesi has reached at least 17, an emergency official said on Friday.
Sat, 06 May 2000
New train plying Bandung-Surakarta
New train plying Bandung-Surakarta BANDUNG: Starting on May 12, state railway company PT Kereta Api Indonesia (KAI) is running a new service between Bandung in West Java and Surakarta in Central Java, replacing the previous Pajajaran train.
Sat, 06 May 2000
Five people killed in fresh sectarian violence in Maluku
Five people killed in fresh sectarian violence in Maluku AMBON, Maluku (JP): Fears of a new cycle of sectarian conflict mounted in Maluku islands on Friday following the latest outbreak of violence that killed at least five people and injured dozens others.
Sat, 06 May 2000
AAJ Associates mulls tie-up
AAJ Associates mulls tie-up JAKARTA (JP): Local consulting group AAJ Associates plans to establish a joint venture with Origin, the Singapore-based global information technology consultant, to support its expansion program.
Sat, 06 May 2000
Lake Toba gets new sewage system
Lake Toba gets new sewage system MEDAN, North Sumatra: Lake Toba tourist resort in North Sumatra now has a safe and efficient sewage system to handle waste from households, restaurants and hotels, an official said on Friday.
Sat, 06 May 2000
Gas reserves found in RP
Gas reserves found in RP MANILA (AP); Additional gas reserves have been discovered at the Philippines' Camago-Malampaya deep-water gas field off the northern island of Luzon, making it the largest gas find in the country's history, President Joseph Estrada said Friday.
Sat, 06 May 2000
Immanuel Church built in honor of Willem I
Immanuel Church built in honor of Willem IBy Ida Indawati Khouw This is the 3rd article on old churches in Jakarta, published in commemoration of Easter. It is also the 37th in a series of articles on protected buildings in the capital appearing in Saturday editions of The Jakarta Post.
Sat, 06 May 2000
Gus Dur and his ministers
Gus Dur and his ministers The polemic about the recent dismissal of two ministers has become excessive, as though the interests of the political parties represented by the ministers were above those of the nation.
Sat, 06 May 2000
National chess players continue success
National chess players continue success JAKARTA (JP): National chess players continued their winning ways against top foreign players in the third round of the JAPFA International Open 2000 at the Grand Bali Beach hotel in Sanur on Friday.
Sat, 06 May 2000
Activists lash out at E. Timor probe
Activists lash out at E. Timor probe JAKARTA (JP): Leading human rights groups on Friday blasted the government's tedious approach in investigating last year's violence in East Timor, saying that the investigation does not meet international standards.
Sat, 06 May 2000
Detectives baffled by fraud cases
Detectives baffled by fraud cases JAKARTA (JP): City police banking crime detectives are handling two fraud cases, which have led two banks here to transfer hundreds of millions of rupiah to certain bank accounts based solely on transfer orders faxed by the suspects.
Sat, 06 May 2000
Anticorruption team to refine law enforcers
Anticorruption team to refine law enforcers JAKARTA (JP): Attorney General Marzuki Darusman announced on Friday that members of the national joint anticorruption team would be installed on Thursday, saying their priority was to clean up the country's law enforcement bodies.