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Tue, 14 Mar 2000
IBRA's asset sales
IBRA's asset sales The Indonesian Bank Restructuring Agency (IBRA), hard-pressed to raise at least US$5.1 billion (Rp 36 trillion) by December for the state budget, has of late been flaunting its asset disposal plans covering equities in going companies, bad loans and properties spread throughout...
Tue, 14 Mar 2000
Asian stock markets skid as technology shares take a tumble
Asian stock markets skid as technology shares take a tumble SINGAPORE (Agencies): Asia stocks took a beating on Monday, battered by domestic factors, uncertainty ahead of a U.S. Federal Reserve meeting next week, as well as falls in once hotly- favored high tech stocks.Jakarta share prices closed 1.
Tue, 14 Mar 2000
Bank Mandiri told to transfer bad loans
Bank Mandiri told to transfer bad loans JAKARTA (JP): Finance minister Bambang Sudibyo said on Monday state Bank Mandiri should "immediately" transfer its remaining bad loans to the Indonesian Bank Restructuring Agency (IBRA).
Tue, 14 Mar 2000
Asian primary debt market recovering
Asian primary debt market recovering HONG KONG (Dow Jones): The Asian primary debt market came alive last week with three major deals out of the Philippines, Hong Kong, and Indonesia.After a dull start to the new year, market participants were pleased to see just over US$3 billion in new paper...
Tue, 14 Mar 2000
No place for gambling here, says Sutiyoso
No place for gambling here, says Sutiyoso JAKARTA (JP): Governor Sutiyoso reaffirmed on Monday his administration would not legalize gambling in the capital and vowed to continue raids against such activities.
Tue, 14 Mar 2000
Student protesters hospitalized
Student protesters hospitalized JAKARTA (JP): Two student protesters participating in a hunger strike at the Attorney General's Office in South Jakarta for the past week were admitted to St. Carolus Hospital on Monday because of dehydration.Six other students are continuing the hunger strike.
Tue, 14 Mar 2000
KONI chief warns of poor preparation of shuttlers
KONI chief warns of poor preparation of shuttlers JAKARTA (JP): Chairman of the National Sports Council (KONI) Wismoyo Arismunandar has reminded national shuttlers of the dangers of poor preparation, warning them that it might make the nation's gold target in the 2000 Olympic Games in Sydney...
Tue, 14 Mar 2000
KL urges S'pore to compromise
KL urges S'pore to compromise KUALA LUMPUR (AFP): Malaysian Prime Minister Mahathir Mohamad urged Singapore on Monday to compromise so a series of disputes between the two countries can be settled.Among contentious issues are water supplies from Malaysia to Singapore, customs, immigration and...
Tue, 14 Mar 2000
Six accept Supreme Court nominations
Six accept Supreme Court nominations JAKARTA (JP): At least six people have accepted the government's offer to nominate them as supreme justices to the Supreme Court.The six are former judge Benjamin Mangkoedilaga, lawyers Todung Mulya Lubis and Ronggur Hutagalung, constitutional law professor...
Tue, 14 Mar 2000
Any hope for a reliable judiciary in Indonesia?
Any hope for a reliable judiciary in Indonesia? Exasperating decisions by the courts have increased pessimism about Indonesia's chances of improving investor confidence and attaining economic recovery. Charles Himawan, a member of the National Human Rights Commission and professor of law at the...
Tue, 14 Mar 2000
Conversion Rates
Conversion RatesBank Indonesia's conversion rates on March 13, 2000: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,353.00 7,427.00Australian dollar 1 4,497.83 4,550.52Austrian schilling 1 515.02 520.47Belgian franc 1 175.68 177.54Brunei dollar 1 4,311.85 4,357.80Canadian dollar 1 5,042.
Tue, 14 Mar 2000
Military says more Aceh rebels shot dead
Military says more Aceh rebels shot dead BANDA ACEH, Aceh (JP): The provincial military claimed on Monday soldiers had shot dead three separatist rebels in this strife-torn province.The identities of the rebels, however, remains unknown.An intelligence officer of the North Aceh Military, Capt.
Tue, 14 Mar 2000
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 13, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 775 -25 10,000 Adindo Foresta Indonesia 625 -25 5,361,000 Alakasa Industrindo 500 25 16,000 Alfa...
Tue, 14 Mar 2000
Firearms for legislators?
Firearms for legislators?From Suara KaryaTerrorists' actions and death threats against a number of political figures (particularly the members of the House of Representatives) are becoming increasingly horrifying and sadistic.
Tue, 14 Mar 2000
Indonesia to stand firm by international contracts
Indonesia to stand firm by international contracts JAKARTA (JP): President Abdurrahman Wahid reassured investors on Monday of Indonesia's firm commitment to honor all of its international contracts, but reiterated the need for renegotiating some that were made in the past.
Tue, 14 Mar 2000
Bapepam issues new rules for public companies
Bapepam issues new rules for public companies JAKARTA (JP): Publicly listed companies wishing to change their core businesses must involve an independent consulting company in the decision, according to a new capital market regulation.
Mon, 13 Mar 2000
Man shot dead in attempted robbery
Man shot dead in attempted robbery JAKARTA (JP): East Jakarta police detectives are searching for three suspects in connection with the fatal shooting of a man in a robbery attempt on Saturday morning in Pondok Gede.East Jakarta Police chief Col.
Mon, 13 Mar 2000
Environment watchdog tells govt to stop forest fire
Environment watchdog tells govt to stop forest fire JAKARTA (JP): The Indonesian Forum for the Environment (Walhi) said on Sunday the present government would lose some of its legitimacy if it failed to take comprehensive measures to stop forest fires.
Mon, 13 Mar 2000
Reform the judiciary
Reform the judiciary Last week's court ruling acquitting businessman Djoko Tjandra of corruption charges in the high-profile Bank Bali scandal is a major setback for the government of President Abdurrahman Wahid.
Mon, 13 Mar 2000
BUMNs on offer to strategic investors
BUMNs on offer to strategic investors JAKARTA (JP): The government is offering to sell several state companies to strategic partners in addition to the initial public offering (IPO) plans of eight state enterprises in the April- December 2000 budget year as part of its privatization program,...
Mon, 13 Mar 2000
Shop owners file protest
Shop owners file protest JAKARTA (JP): Shop owners at the Glodok Plaza shopping complex in West Jakarta filed a protest on Friday against the complex's management, PT Multi Plaza Properties (PT MPP), over parking, sanitation and security fees.
Mon, 13 Mar 2000
Two teams of doctors meet to discuss Soeharto's health
Two teams of doctors meet to discuss Soeharto's health BANDUNG (JP): Soeharto's private doctors have met with a team of state-appointed doctors from Cipto Mangunkusumo General Hospital (RSCM) to discuss the condition of the former president.
Mon, 13 Mar 2000
The new underdog: The TNI
The new underdog: The TNIBy Dewi Anggraeni MELBOURNE (JP): Since discussing the future of Indonesia without focussing on the role of the military would be a futile exercise, the "Rethinking Indonesia" conference last weekend in Melbourne, took a serious look at the issue.
Mon, 13 Mar 2000
Warnings of drug-resistant malaria
Warnings of drug-resistant malaria MAKASSAR, South Sulawesi (JP): With fear of a malaria outbreak high on people's minds due to the climatic shift from the wet to the dry season, a scientist specializing malaria treatment warned that the common drugs used may no longer be effective in treating the...
Mon, 13 Mar 2000
Two killed in blast
Two killed in blast KENDAL, Central Java: Two employees at textile giant PT Texmaco Perkasa Engineering's factory in Kaliwungu district were killed on Saturday when an air conditioner compressor they were repairing exploded.Dulkijab, 38, and Waliyono, 27, both factory technicians, died instantly.
Mon, 13 Mar 2000
Legislators wary of fake fertilizers
Legislators wary of fake fertilizers SEMARANG: Most of the fertilizers sold to farmers across Central Java are potentially dangerous to human beings and the environment because of their inappropriate chemical composition, a provincial legislator said on Saturday.
Mon, 13 Mar 2000
Xia and Gong clinch Chinese double
Xia and Gong clinch Chinese double BIRMINGHAM, England (Reuters): China' Xia Xuanze completed his march to the All England badminton championship on Sunday with a stunning 15-6, 15-13 success over 18-year-old Taufik Hidayat of Indonesia.
Mon, 13 Mar 2000
Death of a giant
Death of a giant After the loss Indonesia suffered not so long ago with the demise of Sutan Takdir Alisjahbana, one of the most outstanding pioneers of modern Indonesian literature, the death on Saturday of another national literary giant delivered yet another blow to the country's cultural...
Mon, 13 Mar 2000
Gandhi confusion
Gandhi confusion Someone following my letters to The Jakarta Post for several years, might wonder whether my first name, Gandhi, is related to the great Indian leader.Following President Abdurrahman Wahid's recent visit to India, during which he paid homage to its great leader and founder of India,...
Mon, 13 Mar 2000
Armed gang steals ATM machine
Armed gang steals ATM machine DENPASAR, Bali: A group of armed men stole an Automatic Teller Machine (ATM) on Saturday containing an estimated Rp 55 million, police said."The incident took place around 3 a.m.
Mon, 13 Mar 2000
Sex education to be put into curriculum
Sex education to be put into curriculum JAKARTA (JP): The Ministry of Education intends to introduce sex education into the curriculum by methodically integrating it into existing school subjects and activities.
Mon, 13 Mar 2000
TV today
TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Songs 9:00 Music 10:30 Interval 2:00 p.m. News 2:30 Children's Program 3:00 Music 4:00 Regional News 4:30 Religious Teachings 5:00 Technology Program 5:30 Sports 6:00 Music 6:30 News (in English) 7:00 Evening News 7:30 TV Drama...
Mon, 13 Mar 2000
Aceh legislators concerned over civilian killings
Aceh legislators concerned over civilian killings BANDA ACEH, Aceh (JP): Local legislators expressed concern on Saturday at the number of civilian killings in this volatile province and asked the security authorities to stop the violence and take firm action against the perpetrators.
Mon, 13 Mar 2000
Agus Isrok's case delayed
Agus Isrok's case delayed JAKARTA (JP): The court proceedings in the drug case involving second Lt. Agus Isrok, a member of the Army's Special Force (Kopassus), remain on hold because military prosecutors need to refine the dossier, officers said on Thursday.
Mon, 13 Mar 2000
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Ceramics Exhibition: Pagerjurang, at Bentara Budaya Jakarta, Jl. Palmerah Selatan, Central Jakarta, until March 17. * Painting Exhibition: Pameraya 2000 by H. Widayat at the National Gallery, Central Jakarta, until March 31.
Mon, 13 Mar 2000
Women, the other voice of troubled Aceh, speak up
Women, the other voice of troubled Aceh, speak up More than a year after the formal end of the military operation in Aceh, an average of about five people were killed daily in the province. The following is an excerpt of an interview with Naimah Hasan, chief organizer of the February Acehnese...
Mon, 13 Mar 2000
Nagari's rating upgraded
Nagari's rating upgraded JAKARTA (JP): Local rating agency PT Pemeringkat Efek Indonesia (Pefindo) has upgraded the rating of rupiah bonds issued by Bank Nagari from idBB- to idBB+, while assigning a idBBB- rating to Bank Jabar's Rp 150 billion bonds.
Mon, 13 Mar 2000
Special bus lane planned for Gambir to Blok M route
Special bus lane planned for Gambir to Blok M route JAKARTA (JP): The City Traffic and Land Transportation Agency (DLLAJ) is to establish a bus lane serving passengers to and from Gambir railway station in Central Jakarta and Blok M Bus terminal in South Jakarta, an official said on Friday evening.
Mon, 13 Mar 2000
Group demands prosecution of those allegedly involved in land takeover
Group demands prosecution of those allegedly involved in land takeover TANGERANG (JP): A non-governmental organization, Tangerang Government Watch (TGW), has demanded that the Tangerang Prosecutor's Office soon prosecute the alleged illegal takeover of a 10-hectare state-owned plot in Babakan...
Mon, 13 Mar 2000
Report on NZ special force hostage rescue denied
Report on NZ special force hostage rescue denied YOGYAKARTA (JP): Deputy chief of Yogyakarta Police Col. Erwin MAP described a report that a private paramilitary unit from New Zealand had rescued a man allegedly being held hostage near Yogyakarta as illogical and nonsense.
Mon, 13 Mar 2000
IBRA takes over Liem's stakes
IBRA takes over Liem's stakes SINGAPORE (AP): The Indonesian Bank Restructuring Agency has taken over Indonesian tycoon Liem Sioe Liong's stakes in industrial estates developed jointly with Singaporean parties, a newspaper reported Saturday.
Mon, 13 Mar 2000
Barbers cut out a living on the street
Barbers cut out a living on the street JAKARTA (JP): Those walking or driving along the heavily congested Jl. Matraman Raya in East Jakarta cannot help but be aware of the street barbers struggling to make a living on the sidewalk.
Mon, 13 Mar 2000
E-business to boom after 5 years
E-business to boom after 5 years JAKARTA (JP): Despite the continued launching of new Internet sites, portals and related services by local and foreign firms, Indonesia's Internet market will start booming only in the next five to six years, an analyst has said.
Mon, 13 Mar 2000
Police to get tough on drugs
Police to get tough on drugs JAKARTA (JP): Marking its massive campaign against illegal drugs, the National Police have taken initial internal law- enforcement measures against its low-ranking officers allegedly involved in drug abuse and trafficking.National Police chief Lt. Gen.
Mon, 13 Mar 2000
Consumer trust recovered in February
Consumer trust recovered in February JAKARTA (JP): Consumer confidence rebounded in February after falling in the previous two months, according to a research agency of the state-owned investment bank PT Danareksa.
Mon, 13 Mar 2000
S. Sumatra wood exports up
S. Sumatra wood exports up JAKARTA (JP): South Sumatra earned US$4.19 million from 7,259.6 tons of plywood export in December 1999, up 18.25 percent in value from the previous month, the provincial office of the Ministry of Industry and Trade reported on Saturday.
Mon, 13 Mar 2000
Pretending to contract my house
Pretending to contract my houseFrom Pos KotaI placed a notice on Feb. 24, 2000 to the effect that I was leasing my house on contract basis. Exactly at 7 p.m. I got a call from a man by the name of Joko.
Mon, 13 Mar 2000
JSX may breach 600-level this week: Equity analysts
JSX may breach 600-level this week: Equity analysts JAKARTA (JP): The Jakarta Stock Exchange (JSX) composite index could breach the psychological 600-level this week as bullish sentiment will most likely improve on the back of good news expected from some public companies, securities analysts said...
Mon, 13 Mar 2000
Mystery of March 11 Order
Mystery of March 11 OrderFrom Media IndonesiaThe March 11 Order is now 34 years old. This document is questionable and full of mystery. So far, scholars have been unable to unveil the mystery shrouding both the existence and wording of the March 11 Order.
Mon, 13 Mar 2000
Inzamam helps Pakistan to 256
Inzamam helps Pakistan to 256 KARACHI (AFP): Middle order batsman Inzamam ul-Haq pushed Pakistan to 256 all out on the first day of the third and final cricket Test against Sri Lanka here Sunday.Pakistan's batting faltered once again as only Haq with 86 and Shahid Afridi with 74 hit a purple patch.