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Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 26, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 875 75 917,500 Adindo Foresta Indonesia 150 -20 1,051,500 Alakasa Industrindo 430 0 1,000 Alfa...

Bus companies promise not to jack-up fares

Bus companies promise not to jack-up fares JAKARTA (JP): Public bus operators in the capital have vowed to obey the government's instruction not to hike rates following a planned 12 percent increase in the price of gasoline nationwide from Oct.

BPS hopes to retain major role despite autonomy

BPS hopes to retain major role despite autonomy JAKARTA (JP): The Central Bureau of Statistics (BPS) said on Tuesday it hoped to keep managing the country's statistics despite the implementation of the regional autonomy law next year.

GAM asked to respect humanitarian pause

GAM asked to respect humanitarian pause JAKARTA (JP): The government on Tuesday called on the separatist Free Aceh Movement (GAM) to respect the extended humanitarian pause in the restive province to allow for talks on a comprehensive political solution to the region's woes.

Bimantara sells stake in AMI

Bimantara sells stake in AMI JAKARTA (JP): PT Bimantara Citra, the publicly listed business group controlled by former president Soeharto's second son Bambang Trihatmodjo, has sold all of its stake in PT Aqualindo Mitra Industri (AMI), a company executive said.

KL palm oil higher on short covering

KL palm oil higher on short covering KUALA LUMPUR (Reuters): Malaysian palm oil futures closed slightly higher on Tuesday, rebounding from early losses on short covering.But traders said further gains were expected to be capped by continued concerns over a build up in local palm oil stocks.

Lee thwarts Taiwanese media

Lee thwarts Taiwanese media TAIPEI (AP): Frustration was apparent on Tuesday among reporters who stalked Lee Kuan Yew for four days, trying in vain to get the Singaporean elder statesman to comment about Taiwan- China relations.

Asian monies mixed, won extends rebound

Asian monies mixed, won extends rebound SINGAPORE (Dow Jones): Asian currencies were mixed late Tuesday, with the South Korean won outshining its regional peers as it extended Monday's sharp rebound.The Thai baht and the Singapore dollar were also stronger, while the Philippine peso and the...

Poultry demand drives RI's soymeal imports

Poultry demand drives RI's soymeal imports SINGAPORE (Reuters): Growing local demand, partly driven by rising poultry feed consumption, will boost Indonesia's soymeal and soybean imports, creating a need to expand grain handling facilities, Indonesian industry sources said.

Street vendors given the blame

Street vendors given the blame SURABAYA, East Java: The head of the Surabaya Sanitation Agency, Surjanto, said on Tuesday the agency found it difficult to keep the city clean because of the increasing number of vendors operating on the city's streets.

Inhumane teenagers

Inhumane teenagersFrom Media IndonesiaI read in Media Indonesia of Sept. 14, 2000 that Aditya Wicaksono, a fifth grade elementary school pupil, was killed when he was pushed out of a moving train after being robbed by some teenagers.

Youth forum head named suspect in consulate attack

Youth forum head named suspect in consulate attack SURABAYA (JP): The deputy chief of the East Java branch of Military Pensioners' Children Forum (FKPPI) Gatot Sutantra was officially named suspect on Tuesday in the attack on the U.S. consulate general here last week.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Sept. 26, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,362.00 9,362.00 8,818.00 8,906.00Australian dollar 1 4,594.92 5,149.10 4,845.49 4,898.30Austrian schilling 1 531.30 595.18 560.28 566.

Courier service remains prospective despite reduced market

Courier service remains prospective despite reduced market JAKARTA (JP): Indonesia's courier service remains prospective with sharper competition despite a reduced market and steady growth rates, executives of the industry have said.

Economist warns of a second banking crisis

Economist warns of a second banking crisis JAKARTA (JP): Noted economist Sri Mulyani warned the government on Tuesday that it must retire part of its outstanding bank recapitalization bonds within the next two years to help reduce pressure on the state budget.

Preliminary results on Tanjung Priok case done

Preliminary results on Tanjung Priok case done JAKARTA (JP): The government-sponsored joint team of forensic experts established to investigate the 1984 violence at Tanjung Priok, North Jakarta, announced the preliminary results of the autopsies of 14 of the victims.

How to stop the violence

How to stop the violenceFrom Suara KaryaDisarming former president Soeharto's bodyguards at the behest of President Abdurrahman Wahid is going too far, especially if the decision to do so is related to the bomb blasts that have occurred in several parts of Indonesia.

One year jail term for Maya demanded

One year jail term for Maya demanded JAKARTA (JP): Prosecutor Achjadi Sartono asked a West Jakarta District Court on Tuesday to sentence Gusti Maya Firanti Noor, wife of former president Soeharto's grandson Ari Sigit, to just one year in prison for possession and use of psychotropic substances.

175 firms join Telecom expo

175 firms join Telecom expo JAKARTA (JP): State-owned telecoms company PT Telkom will host the 2nd international communications and network solutions exhibition, the Techno Pre-eminence (TPE)-Connectivity Indonesia 2000, which will involve over 175 companies from 20 countries.

Acting chief justice installs 16 new justices

Acting chief justice installs 16 new justices JAKARTA (JP): Acting Chief Justice Th. Ketut Sura Putra swore in 16 new justices, who had been appointed by President Abdurrahman Wahid, in a ceremony at the Supreme Court on Tuesday.

Political uncertainty leads investors to shun industrial estates

Political uncertainty leads investors to shun industrial estates SURABAYA (JP): The prolonged economic crisis, worsened by protracted political uncertainty, has lead the business climate into a dark state.

New practice

New practiceFrom Jurnal IndonesiaThe reform era, which was ushered in by Soeharto's bold act of relinquishing power, has seen stepping down or withdrawal from one's position become a new trend.Apart from former president Soeharto, former president B.J.

Indonesia must disarm East Timorese militias

Indonesia must disarm East Timorese militiasBy Charles Himawan JAKARTA (JP): Many nationalists in the field of politics, economy, military and law have cried for the government to resist international demand to disarm the militias with regard to the Atambua case.

Disability conference closed

Disability conference closed SANUR, Bali (JP): The three-day Asia-Pacific Conference for People with Disability was closed here on Tuesday with more than 400 participants from 16 countries agreeing to adopt the Bali Declaration on barrier-free tourism.

Bank of China exec jailed for six years

Bank of China exec jailed for six years SINGAPORE (AFP): A Bank of China deputy manager in Singapore was sentenced to a six-year jail term for embezzling S$1.8 million (US$1 million) from clients, The Straits Times reported on Tuesday.

TNI confirms two bombing suspects are soldiers

TNI confirms two bombing suspects are soldiers JAKARTA (JP): Top military officials on Tuesday confirmed that two of the 27 suspects apprehended by police in connection with the Jakarta Stock Exchange (JSX) building bombing were members of the Army's Strategic Reserves Command (Kostrad) and the...

IMF urges Indonesia to ensure recovery does not falter

IMF urges Indonesia to ensure recovery does not falter WASHINGTON (Agencies): Indonesia must dispel political uncertainty and intensify reforms if economic recovery is to take hold, the International Monetary Fund (IMF) said on Monday.

IMF concludes Article IV consultation with Indonesia

IMF concludes Article IV consultation with Indonesia On Sept. 14, 2000, the International Monetary Fund's Executive Board concluded the Article IV consultation with Indonesia. The following is the complete report.

Indonesia regrets WB involvement in noneconomic activities

Indonesia regrets WB involvement in noneconomic activities JAKARTA (JP): Indonesia has expressed a strong concern over the increasing tendency of the World Bank to involve itself in non-socioeconomic matters of its member countries, Minister of Finance Prijadi Praptosuhardjo said on Tuesday.

Australia upbeat on Timor Sea talks

Australia upbeat on Timor Sea talks SINGAPORE (Dow Jones): Australia is approaching negotiations to divide revenues from natural gas reserves in the Timor Sea with "a feeling of good will, a feeling of being generous," Daryl Manzie, Minister of Resources for the Northwest Territories, said Tuesday.

Five killed in community clashes on Ambon island

Five killed in community clashes on Ambon island AMBON, Maluku (JP): Community clashes broke out in three villages on Ambon Island on Tuesday morning, claiming at least five lives and destroying dozens of houses.

The changing world of PT Pos Indonesia

The changing world of PT Pos Indonesia While Indonesia has given birth to various companies, PT Pos Indonesia has helped create Indonesia.It has been transforming itself through history to play a significant role in the nation's survival.

Japan's funds for ASEAN

Japan's funds for ASEAN PRAGUE (Dow Jones): Japan announced on Monday that it will provide funds to the Association of Southeast Asian Nations, or ASEAN, to help set up an office that will manage Chiang Mai Initiative activities.

Tommy gets 18-month jail sentence

Tommy gets 18-month jail sentence JAKARTA (JP): The Supreme Court sentenced on Tuesday former president Soeharto's youngest son Hutomo "Tommy" Mandala Putra to 18 months in prison for his involvement in a Rp 95.4 billion (US$11.

Police force KPA activists

Police force KPA activists JAKARTA (JP): Two activists testified in a pre-trial hearing on Tuesday that they saw the police using force to expel four of their colleagues, who were on a hunger strike, from the People's Consultative Assembly complex last month.

New bus terminal plan put on hold

New bus terminal plan put on hold TANGERANG (JP): A plan to build a bus terminal in the Poris Plawad area of Cipondoh district has been postponed until amendments to the existing two city bylaws are issued, an official of the Tangerang Development Planning Agency (Bappeda) said on Saturday.

City hopes to speed up IMB permits

City hopes to speed up IMB permits JAKARTA (JP): All houses built on 200 square meters of land at the maximum will have their construction permits by January of next year at the latest as part of a planned gradual improvement in the issuing process, a city official said on Tuesday.

Military boost necessary to combat regional threats

Military boost necessary to combat regional threats KUALA LUMPUR (AP): Warning of "worrisome trends" in Indonesia and the Philippines, Malaysian defense authorities pledged Tuesday to magnify their military might to protect national security.

Fuel crisis hits fishing industry in Maluku

Fuel crisis hits fishing industry in Maluku JAKARTA (JP): The Association of Indonesian Fishing Companies (Gappindo) urged the government on Tuesday to help fishing companies in Maluku and Irian Jaya which have been suffering from a fuel crisis over the past two months.

Storm blasts Blora regency

Storm blasts Blora regency SEMARANG: Strong winds and torrential rain hit Blora regency late on Monday, destroying at least 35 houses and damaging 120 others.Fortunately, no injuries were reported in the freakish weather.

Where to go in Surabaya:

Where to go in Surabaya: Music and Entertainment* The Westin Surabaya, Jl. Embong Malang 85-89 (Phone: 031 5458888): - Java Jimmy's Irish Pub: Live music, Sunday to Thursday, 6 p.m. to 2 a.m., Friday to Saturday, 6 p.m. to 3 a.m.* Hyatt Regency Surabaya, Jl. Jend.

Atambua tragedy may not be the last

Atambua tragedy may not be the lastBy Aboeprijadi Santoso AMSTERDAM (JP): Disarming the militias without breaking up their masters' local networks may be too little and too late. Xenophobic nationalism in response to the international condemnation of the Atambua killings reveals a syndrome common...

Expert warns of fat reduction products

Expert warns of fat reduction products JAKARTA (JP): Many products promising to reduce people's weight that are currently available on the market have not been tested properly to know whether they are effective or whether they have negative side effects, an expert warned on Monday.

More than one wife: Why not?

More than one wife: Why not?From Media IndonesiaThe recent marriage law has led to arguments in the mass media and in seminars. This government regulation has sparked debate not only because it is one of the New Order regime's laws but also because prostitution, adultery and other indecent acts are...

Broadband connections to make life easier

Broadband connections to make life easierBy Zatni Arbi JAKARTA (JP): We all know that the world now moves at Internet speed. Unfortunately, our telecommunications infrastructure seems to crawl at a snail's pace.

Number of women, men balanced: Census

Number of women, men balanced: Census JAKARTA (JP): The ratio of men to women in the capital is almost equal, according to the 2000 official census.According to data released by the Jakarta Statistical Office, Jakarta has 4,216,347 males, just slightly higher than the female population of 4,152,790.

Youth violence erupts in Bali

Youth violence erupts in Bali DENPASAR, Bali: Dozens of local youths vandalized a police traffic post in Suci area midday Tuesday following an overnight brawl that claimed the life of Ketut Sudiartana, 23.

BNI to channel new loan in 2nd semester

BNI to channel new loan in 2nd semester JAKARTA (JP): The publicly listed Bank Negara Indonesia (BNI) will channel a total of Rp 2.5 trillion (US$294.12 million) in new loans in the second semester of this year, according to the state bank's corporate director Suryo Sutanto.

TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Olympics Program 12:00 p.m. Interval 2:00 News 2:30 Olympics Program 6:30 Music 7:00 Evening News 7:30 Talks Show 8:00 Olympics Program 9:00 News 9:30 TV Drama 10:30 NewsProgram 2 5:30 p.m.

RI needs more international experience, says Arie Sudewo

RI needs more international experience, says Arie Sudewo JAKARTA (JP): Psychological barriers and a lack of international experience have been blamed for Indonesia's poor performance at the 2000 Olympic Games in Sydney.