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Thu, 12 Oct 2000
BI considers new measures to support bond swap policy
BI considers new measures to support bond swap policy JAKARTA (JP): Bank Indonesia (the central bank) is seeking ways to support the government's plan to swap bank recapitalization bonds for restructured loans under the management of the Indonesian Bank Restructuring Agency (IBRA), a senior central...
Thu, 12 Oct 2000
Stock quotations on JSX
Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 11, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 2,280 360 1,651,500 Adindo Foresta Indonesia 130 -5 12,500 Alakasa Industrindo 430 0 0 Alfa...
Thu, 12 Oct 2000
Good art should not be expensive
Good art should not be expensiveBy Mehru Jaffer JAKARTA (JP): It is a pleasure to look at so much art around Jakarta. However when it comes to buying a piece, a cloud of confusion invariably confronts most people.
Thu, 12 Oct 2000
Irian group warned over independence
Irian group warned over independence JAKARTA (JP): Coordinating Minister for Political, Social Affairs and Security Susilo Bambang Yudhoyono warned pro- independence groups in Irian Jaya on Wednesday that Jakarta would not tolerate any separatist activities in the country.
Thu, 12 Oct 2000
BNI ratings on Creditwatch
BNI ratings on Creditwatch JAKARTA (AFX-ASIA): Standard & Poor's said it has placed its CCC+ long term local currency, CCC- long term foreign currency and C short term local and foreign currency counterparty credit ratings on PT Bank Negara Indonesia on CreditWatch with positive implications.
Thu, 12 Oct 2000
Garbage dispute leads to brawl
Garbage dispute leads to brawl SURABAYA: Two people were injured in a street brawl between two groups, including public order officials, over garbage in the Keputih area on Wednesday.The brawl broke out after sanitation workers dumped four truckloads of garbage at the Keputih garbage dump, which...
Thu, 12 Oct 2000
Conversion Rates
Conversion RatesBank Indonesia's conversion rates on Oct. 11, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,350.00 9,350.00 8,806.00 8,894.00Australian dollar 1 4,458.90 4,997.58 4,702.40 4,753.84Austrian schilling 1 529.99 593.81 558.94 564.
Thu, 12 Oct 2000
Astra spins off spare-parts division
Astra spins off spare-parts division JAKARTA (JP): Publicly listed car manufacturer PT Astra International has transferred its Aspira automotive spare-parts division to its subsidiary in a bid to boost efficiency.
Thu, 12 Oct 2000
Pertina gears up for 2001 SEA Games
Pertina gears up for 2001 SEA Games JAKARTA (JP): In its preparation for the 2001 Southeast Asian (SEA) Games in Kuala Lumpur, the Indonesian Amateur Boxing Association (Pertina) is grooming 10 boxers to compete in three separate championships during the year-end.
Thu, 12 Oct 2000
Spotlight
SpotlightPhoto: GolfRECORD-BREAKING TOTAL: General Manager of Planet Hollywood Andy Ryan (left) and Senior Technical Adviser for DHL Mike Fitzpatrick (right) hand over a check to Ira Soelistyo (center), the Director of the Indonesian Childhood Cancer Foundation (YOAI).
Thu, 12 Oct 2000
Entertainment operators seek help
Entertainment operators seek help JAKARTA (JP): Following a number of civilian attacks on entertainment establishments, operators sought help from the City Council on Wednesday.Secretary General of the Indonesian Association of Entertainment Business Operators (Aspehindo), Andrian Maelite said that...
Thu, 12 Oct 2000
Semarang hosts sprint rally c'ship
Semarang hosts sprint rally c'ship SEMARANG (JP): Semarang will host a national sprint rally championship on Oct. 29 in the Mijen Circuit, an official revealed on Wednesday."National sprinters who will take part are the first to fifth seeds.
Thu, 12 Oct 2000
Wimar pledges not to be 'all out' defender of Gus Dur
Wimar pledges not to be 'all out' defender of Gus Dur JAKARTA (JP): Newly-appointed presidential spokesman Wimar Witoelar vowed on Wednesday that he would not be an "all out" defender of President Abdurrahman Wahid.
Thu, 12 Oct 2000
Guterres and Gusmao
Guterres and Gusmao The whole story of East Timor tells of our impotence in the face of international pressure. Xanana (Gusmao), after he was sentenced by an Indonesian court had to be treated like a president because of international pressure.
Thu, 12 Oct 2000
One more vote for silat in Asiad
One more vote for silat in Asiad SEMARANG (JP): Indonesia's traditional martial art and sport needed only one more vote to be staged in the Asian Games after its exhibition session in the Pusan 2002 Asian Games, an official revealed on Wednesday.
Thu, 12 Oct 2000
Drivers increase transport fares
Drivers increase transport fares MAKASSAR, South Sulawesi: Public transportation drivers here have unilaterally increased fares following the 12 percent hike in fuel prices announced by the government.One driver, Daeng Rani, said on Wednesday that the increase, amounting between Rp 200 and Rp 500...
Thu, 12 Oct 2000
Interference of foreign bodies
Interference of foreign bodies To any discerning analyst it would appear that the International Monetary Fund (IMF) and the World Bank combined have usurped the authority and power to say anything and do anything in Indonesia.
Thu, 12 Oct 2000
Students protest over lack of buses
Students protest over lack of buses PADANG, West Sumatra: Hundreds of state Andalas University here protested on Wednesday the local government's failure to provide them with enough public buses.A student leader, Zeno, said the scarcity of transportation vehicles from downtown to the campus in the...
Thu, 12 Oct 2000
Delaying asset sales
Delaying asset sales Politicians and analysts with nationalistic sentiments may suspect the IMF's strong criticisms of the House of Representatives' move last week to delay the sales of government shares in Bank Central Asia and Bank Niaga as more international pressure to force Indonesia to...
Thu, 12 Oct 2000
Indonesia forex reserves at safe level, BI says
Indonesia forex reserves at safe level, BI says JAKARTA (JP): Bank Indonesia said on Wednesday that the country's foreign exchange reserves would remain at a safe level until the end of this year even after meeting dollar demands for the repayment of corporate overseas debt.
Thu, 12 Oct 2000
Legislators say Gus Dur should honor summons
Legislators say Gus Dur should honor summons JAKARTA (JP): The showdown between President Abdurrahman Wahid and the House of Representatives (DPR) looks set to extend as leading legislators insisted on Wednesday that the President should obey a summons by a House special committee in connection...
Thu, 12 Oct 2000
Students oppose councillors' planned overseas trip
Students oppose councillors' planned overseas trip BANDUNG (JP): West Java students oppose the provincial legislative council's plan for an overseas trip to Malaysia, saying that the project was irrelevant to the current people's economy.
Thu, 12 Oct 2000
Civil emergency in Maluku fails to restore order
Civil emergency in Maluku fails to restore order AMBON, Maluku (JP): The civil emergency status currently imposed in riot-torn Maluku has failed to bring order back to the territory, speaker of the provincial legislative council Etty Sahuburua said on Wednesday.
Thu, 12 Oct 2000
Teacher removed for molestation
Teacher removed for molestation PURWOKERTO, Central Java: A math teacher has been removed from the Sumbang Junior High School II here following allegations by 13 students that he sexually harassed them.
Thu, 12 Oct 2000
Tourist paradise fights to save endangered green turtles
Tourist paradise fights to save endangered green turtlesBy I Wayan Juniarta DENPASAR, Bali (JP): The Bali administration has begun to take a stronger approach to the turtle trade business, which for many years has stained the paradise's image abroad.
Thu, 12 Oct 2000
Indonesia in the eyes of Polish painter Elzbieta
Indonesia in the eyes of Polish painter ElzbietaBy Aendra H. Medita JAKARTA (JP): A Polish painter has captured on her canvas subjects on Indonesia expressively but ignored the essence of forms.Bali is always a subject which deeply impresses a painter.
Thu, 12 Oct 2000
Rupiah weaker, peso at new all-time low
Rupiah weaker, peso at new all-time low SINGAPORE (Dow Jones): The Indonesian rupiah was lower against the dollar on rising corporate demand for the U.S. currency to repay foreign debts, while the Philippine peso extended its precipitous decline to yet another record low late Wednesday, dealers...
Thu, 12 Oct 2000
Bakrie seeks court bankruptcy protection
Bakrie seeks court bankruptcy protection JAKARTA (JP): Publicly listed business group PT Bakrie & Brothers said on Wednesday that it had appealed for court protection from the creditors of its US$1.08 billion debt.
Thu, 12 Oct 2000
Students protest at Marzuki's office
Students protest at Marzuki's office JAKARTA (JP): Dozens of students staged a protest at the Attorney General's Office on Wednesday condemning a court decision last month that dismissed the US$590 graft charges against former president Soeharto.
Thu, 12 Oct 2000
PC sales expected to exceed pre-crisis level this year
PC sales expected to exceed pre-crisis level this year JAKARTA (JP): Personal computer (PC) sales in Indonesia are expected to exceed its pre-crisis level this year as demand from both corporate and individual buyers has indicated a steady increase during the past several months, according to the...
Thu, 12 Oct 2000
S'pore expects natural gas from Indonesia in December
S'pore expects natural gas from Indonesia in December SINGAPORE (DPA): The first supplies of Indonesian natural gas to Singapore are expected in December or six months ahead of schedule with the completion of a 640 kilometer undersea pipeline, it was reported on Wednesday.
Thu, 12 Oct 2000
BMW Thai unit expansion hinges on AFTA plan
BMW Thai unit expansion hinges on AFTA plan BANGKOK (Dow Jones): The Thai unit of Germany's auto maker Bayerische Motoren Werke AG, believes Thailand has great potential to become its regional hub for production and export but says that expansion depends on the development of free trade in the...
Thu, 12 Oct 2000
Asia is more vulnerable to oil prices than others
Asia is more vulnerable to oil prices than others SINGAPORE (Dow Jones): Despite efforts by Asian nations to insulate their economies from the pain of rising oil prices, their growth is likely to be crimped, which will further depress their already battered currencies.
Thu, 12 Oct 2000
Govt agrees to pay OPIC US$290 million claim
Govt agrees to pay OPIC US$290 million claim JAKARTA (JP): State electricity company PT PLN said on Wednesday that the government had agreed to pay the United States owned Overseas Private Investment Corp. (OPIC) an outstanding insurance claim worth US$290 million.
Thu, 12 Oct 2000
Israel will not join the IPU meeting: Akbar
Israel will not join the IPU meeting: Akbar JAKARTA (JP): House Speaker Akbar Tandjung said on Wednesday that the Israeli Knesset had canceled its plan to send a delegation to attend the Inter-Parliamentary Union conference due to begin here on Sunday.
Thu, 12 Oct 2000
Suggestion for 'RRI'
Suggestion for 'RRI'From Media IndonesiaI regularly listen to the leather puppet show that the Radio of the Republic of Indonesia (RRI) Program One broadcasts every Saturday night on the MW band. Unfortunately, the broadcast on the SW2 band is stopped after 11 p.m.
Thu, 12 Oct 2000
PBSI has set low targets in World Junior C'ships
PBSI has set low targets in World Junior C'ships JAKARTA (JP): The Badminton Association of Indonesia (PBSI) has not set a high target in the World Junior Badminton Championships for Bimantara Cup in Guangzhou, China, next month.
Thu, 12 Oct 2000
Many illegal passengers
Many illegal passengersFrom Pos KotaWe are commuters using the service of the Jakarta - Depok electric railway train. Since the Depok Express ticket was raised from Rp 2,500 to Rp 4000, many of its passengers have switched to this Jakarta - Depok train as the ticket is only Rp 1,000.
Thu, 12 Oct 2000
Protests greet Gus Dur in Bogor
Protests greet Gus Dur in Bogor BOGOR (JP): Hundreds of students greeted visiting President 'Gus Dur' Abdurrahman Wahid with protests on Wednesday demanding that the President pay better attention to agriculture and make it a leading sector in the country's economy.
Thu, 12 Oct 2000
Demand for Balinese beef boosts cattle breeders
Demand for Balinese beef boosts cattle breedersBy I Ketut Sutika DENPASAR, Bali (Antara): The strained relations between Australia and Indonesia have become a blessing in disguise for local cattle breeders.
Thu, 12 Oct 2000
PPD's history goes back to Batavia as a tram firm
PPD's history goes back to Batavia as a tram firm JAKARTA (JP): Like it or not, PPD city buses have become a part of daily life for many Jakartans.Thus, any kind of strike by PPD drivers or crew always bring thousands, if not millions, of commuters in the capital to the alert, as well as the local...
Wed, 11 Oct 2000
Man caught with 'shabu-shabu'
Man caught with 'shabu-shabu' BOGOR (JP): Police in Bogor have arrested a man in possession of 141 grams of shabu-shabu (crystal methamphetamine) at his residence in the Indraprasta housing complex in Bantarjati.Bogor Police chief Sr. Supt.
Wed, 11 Oct 2000
Alfa opens Surakarta outlet
Alfa opens Surakarta outlet JAKARTA (JP): PT Alfa Retailindo, a publicly listed retail and wholesale chain, opened on Monday its newest outlet in Surakarta (Solo), Central Java.Alfa said that the new outlet, located in the Solo Baru housing complex, is its second outlet in Surakarta or the 23rd in...
Wed, 11 Oct 2000
Councils meet for new Banten province
Councils meet for new Banten province TANGERANG (JP): Representatives from six regency and mayoralty councils in Banten met on Monday to formulate the regional decree and draft of the local budget for Banten, which was declared a new province, apart from West Java, last Wednesday.
Wed, 11 Oct 2000
National soccer team gets new training ground
National soccer team gets new training ground JAKARTA (JP): The Indonesian soccer team will have its own training field, the Senayan 'C' field in the Senayan complex, which will allow the Soccer Association of Indonesia (PSSI) to save the money it would normally spend hiring the field.
Wed, 11 Oct 2000
Most Asian currencies weaken, peso tumbles to fresh record low
Most Asian currencies weaken, peso tumbles to fresh record low SINGAPORE (Dow Jones): Most Asian currencies weakened late on Tuesday, with the Philippine peso feeling the brunt of the pain as it tumbled to a fresh record low.
Wed, 11 Oct 2000
Classical music shows at Erasmus Huis
Classical music shows at Erasmus Huis JAKARTA (JP): Classical music lovers will have the chance to enjoy two performances at the Erasmus Huis Dutch cultural center on Jl. Rasuna Said, South Jakarta, this Wednesday and Thursday.
Wed, 11 Oct 2000
IPU faces boycott by Islamic factions
IPU faces boycott by Islamic factions JAKARTA (JP): The coming conference of the Inter-Parliamentary Union (IPU), to be hosted by the House of Representatives, may be boycotted by some Indonesian legislators.
Wed, 11 Oct 2000
Deadline set for inventory of regencies and mayoralties
Deadline set for inventory of regencies and mayoralties JAKARTA (JP): Regencies and mayoralties will have to complete the inventory of their authority and development programs by Nov. 1 this year before the regional autonomy law takes effect in three months, an official said on Tuesday.
Wed, 11 Oct 2000
Rizal asks for Japan's support at upcoming donors' meeting
Rizal asks for Japan's support at upcoming donors' meeting TOKYO (Agencies): Indonesia's chief economics minister Rizal Ramli asked Japanese Finance Minister Kiichi Miyazawa on Tuesday for support at next week's crucial meeting of foreign donors in Tokyo.