Indonesian Political, Business & Finance News

Archive: 30 November 1998

44 articles found

Focus on Soeharto a misguided issue

Focus on Soeharto a misguided issue Recently, demonstrations aimed at pressuring the government to immediately try Soeharto have been held at a much greater intensity and frequency. Waves of thousands of students have tried to reach the residence of the country's former number one.

Malaysia's GDP shrinks in the third quarter

Malaysia's GDP shrinks in the third quarter KUALA LUMPUR (AFP): Malaysia's economy shrank 8.6 percent in the September quarter, the sharpest contraction in the current downturn and also the steepest among Asian economies except Indonesia, the central bank said on Saturday.

ABRI's dual function

ABRI's dual function Indonesia's current political developments are so interesting as well as confusing, particularly to laymen like myself. It seems the Indonesian people are divided into at least two groups with regards to the Armed Forces (ABRI) dual function.

What's new in the ever changing computing world?

What's new in the ever changing computing world?By Zatni Arbi JAKARTA (JP): Magnesium, a type of silvery-white metal that is light and moderately hard, is suddenly being used by a growing number of notebook makers for the housing of their notebooks, replacing the thicker plastic.

Social body gives Rp 976m donation

Social body gives Rp 976m donation JAKARTA (JP): The newly-established Indonesian Committee for Humanity marked its inaugural day on Saturday by handing over a donation worth over Rp 976 million (US$134,620) to Jakarta's needy people and social institutions badly hit by the economic crisis.

Soeharto warns Habibie

Soeharto warns Habibie JAKARTA (JP): Former president Soeharto's lawyer Yohanes Yacob warned President B.J.Habibie on Saturday that if the investigation of his client's wealth resulted in court proceedings there would be a devastating backlash against the whole government.

Electric train projects

Electric train projects I am writing in response to The Jakarta Post's front page article of Nov. 25, 1998, on Indonesia's subway project. The projected cost of the Jakarta subway, US$1.5 billion, seems reasonable, although some unexpected expenses may be encountered when actual construction is...

PGRI distances itself from Golkar

PGRI distances itself from Golkar BANDUNG (JP): The Indonesian Teachers Association (PGRI) vowed here on Saturday that it would release itself from decades-long association with the dominant Golkar grouping and instead strive to make itself a true professional association.

Radio and TV crews get awards

Radio and TV crews get awards JAKARTA (JP): A number of television and radio crews have received recognition for the public service they provided during clashes in Jakarta on Nov. 12 and Nov. 13 in which 16 people died.

Christians pardon rioters and pray for them during service

Christians pardon rioters and pray for them during serviceBy Ida Indawati Khouw JAKARTA (JP): Christians are encouraged not to take revenge against those who damaged and burned churches last week, but to instead pray for them and forgive them, preachers told congregations on the first Sunday...

Soeharto ownership of properties found

Soeharto ownership of properties found JAKARTA (JP): Officials in East Kalimantan, Yogyakarta and Padang, West Sumatra, have discovered that former Soeharto and his family owned millions of hectares more property in their areas than previously thought.

PPP supporters keep Jakartans off the streets

PPP supporters keep Jakartans off the streets JAKARTA (JP): Most city residents chose to stay at home on Sunday after thousands of United Development Party (PPP) supporters took to the capital's streets early in the morning.

Atma Jaya holds graduation ceremony

Atma Jaya holds graduation ceremony JAKARTA (JP): Atma Jaya University held its 33rd graduation ceremony at the Senayan Convention Center in Central Jakarta on Saturday.Out of the 773 students awarded a degree at the ceremony, which was presided over by the university rector Thomas Suyatno, 22 were...

Malaysia to join military exercises

Malaysia to join military exercises KUALA LUMPUR (AFP): Malaysia will resume military exercises with Singapore and three other countries next year under the Five Power Defense Arrangement (FPDA), a senior minister said on Sunday.

Estrada allays recession fear

Estrada allays recession fear SUBIC BAY, Philippines (DPA): Philippine President Joseph Estrada on Saturday allayed fears of a recession, saying that the economy will be propped by the continuous inflow of foreign investments."I don't think there will be a recession.

Indorayon's imbroglio

Indorayon's imbroglio The latest wave of violent attacks by local protesters at the pulp and rayon mills of publicly-listed PT Inti Indorayon Utama near Lake Toba in North Sumatra last week, is an example of the hazards faced by resource-based ventures operating in Indonesia's new era of reform.

SE Asia strives to cut youth drug abuse

SE Asia strives to cut youth drug abuseBy Paul Alexander HANOI, Vietnam (AP): Youth drug abuse continues to rise in Southeast Asia despite legal crackdowns, threatening the "fabric of society," officials at a regional anti-drug conference said Thursday.

Leading military supporter of Sumatran autonomy dies

Leading military supporter of Sumatran autonomy dies PADANG, West Sumatra (JP): A renowned military supporter of autonomy for Sumatra, Col. (ret.) Ahmad Husein, died in Jakarta on Saturday at the age of 73.

Cape Town mayor visits Jakarta

Cape Town mayor visits Jakarta JAKARTA (JP): The mayor of Cape Town, William Bantom, is scheduled to arrive on Monday for a five-day visit, the Embassy of South Africa said in a statement.Accompanied by Dan Plato, a member of the Cape Town City Council, Bantom will meet several city officials,...

Malaysia to cut television time

Malaysia to cut television time KUALA LUMPUR (AFP): Malaysia's state-owned television station plans to reduce the air-time of its two television channels to cut operating costs amid a decline in advertising revenues, reports said on Sunday.

Two soldiers killed in E. Timor

Two soldiers killed in E. Timor DILI, East Timor: Falintil separatist rebels ambushed and killed two soldiers out on patrol near Terema village in Bobonaro regency, 80 kilometers west of Dili, on Friday morning.East Timor Military Commander Col.

Special team will study stock exchanges' merger plan

Special team will study stock exchanges' merger plan JAKARTA (JP): The Jakarta Stock Exchange (JSX) and Surabaya Stock Exchange (SSX) have set up a special team to study the two exchanges merger plan.The exchanges said in a joint statement Saturday that the team would study the best options that...

TV today

TV todayTVRI 5:30 a.m. Religious Teachings: Hikmah Pagi 6:00 Morning News 6:30 News: Nuansa Reformasi 7:00 Children's Program: Lagu Anak Nusantara 7:30 Cartoon 8:00 Music 8:30 Documantary: Pesona Flora 9:00 Music 9:30 Interval 2:00 p.m.

Idle land to be used by locals

Idle land to be used by locals JAKARTA (JP): Local people will be allowed to utilize at least 1,900 hectares of land in the city cleared by developers but subsequently neglected."As the lands have not been optimally utilized, local people, mainly the jobless, have been allowed to temporarily...

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Photo Exhibition: at Galeri Mini, Pusat Kebudayaan Jepang - The Japan Foundation, Summitmas I, Jl. Jend. Sudirman Kav. 61-62 South Jakarta (Phone: 5201266), Monday to Friday, 10 a.m. to 6 p.m., Saturday, 10 a.m. to 12:30 p.m., Dec. 1-8.

Orangutans sick in E. Kalimantan

Orangutans sick in E. Kalimantan BALIKPAPAN, East Kalimantan: Ailments afflicting orangutans in East Kalimantan include the common flu, hepatitis, intestinal worms and tuberculosis, the head of a forestry research center has said.

Parung drivers irked by traders at terminal

Parung drivers irked by traders at terminal BOGOR (JP): Hundreds of public transportation drivers in Parung district here protested on Saturday the takeover of a minivan terminal by market traders, saying it threatened their livelihood.

Unocal to apply cheap technology to new reserves

Unocal to apply cheap technology to new reserves JAKARTA (JP): Oil and gas company Unocal Indonesia, a subsidiary of the giant United States energy company Unocal Corp., will apply low cost technology to the development of its new oil and gas contract areas in the Makassar Straits and South...

Unseeded Indonesia's Budi wins HK Open

Unseeded Indonesia's Budi wins HK Open HONG KONG (Reuters): Indonesia's Budi Santoso, probably to be left out of his country's singles squad for next month's Asian Games in Bangkok, won the Hong Kong Open badminton title on Sunday with a 15-10, 15-10 win over fourth seed Chen Gang of China.

Skepticism haunts next election

Skepticism haunts next electionBy Yulius P. Hermawan BANDUNG (JP): The widespread criticism of the decisions reached by the recent Special Session of the People's Consultative Assembly (MPR) shows a public awareness of the necessity of next year's general election.

UI campus becomes no-smoking zone

UI campus becomes no-smoking zone JAKARTA (JP): The University of Indonesia has designated its campus on Jl. Salemba Raya in Central Jakarta -- home to three medical schools -- as a no-smoking zone.The ruling, which took effect Saturday, gives the university what is probably the country's first...

Rights activists warn government about Aceh

Rights activists warn government about Aceh JAKARTA (JP): Human rights activists on Saturday warned about the latent danger of inciting anger in Aceh as the result of what they said were the vague steps so far taken by the government to atone for atrocities committed during military operations in...

Toward an orderly election

Toward an orderly election Those who are hoping that one day a person will emerge to lead a democratic Indonesia naturally realize the importance of preventing this republic from being destroyed from within.

Local stocks expected to lose steam this week

Local stocks expected to lose steam this week JAKARTA (JP): Share prices in the local market are expected to lose steam this week due to the absence of a foreign funds inflow into the local bourse and lingering fears over the country's political and social environment, analysts said.

Medan students tell police about protest

Medan students tell police about protest JAKARTA (JP): Hundreds of high school students in Medan who protest against their principal on Saturday at the local office of the Ministry of Education and Culture took the unusual step of obeying a new law and notified the police in advance.

Leading figures warn of 'disaster' if polls unfair

Leading figures warn of 'disaster' if polls unfair JAKARTA (JP): The nation could be torn apart if there is no guarantee that next year's general election will be free and fair, it was warned on Sunday.

Foreign airlines concerned over violence reports

Foreign airlines concerned over violence reports JAKARTA (JP): Foreign carriers are concerned over reports of increasing violence in Indonesia, saying this may worsen their already sluggish businesses in the country.

IBRA to hold auction

IBRA to hold auction JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) will auction noncore assets of liquidated banks on Dec. 8 and Dec. 9.IBRA director Eko Budianto said on Saturday that 83 cars and 41 motorcycles would be auctioned to the public through its asset management unit.

Chipping away at press freedom

Chipping away at press freedom Is the Indonesian government in favor of freedom of the press? Is it going to uphold it in future? I ask because state-owned television network TVRI recently seems to be doing its utmost to create a public perception that "freedom of the press is a bad thing".

PAN ready for coalition with 'reformed' Golkar

PAN ready for coalition with 'reformed' Golkar JAKARTA (JP): The chairman of the National Mandate Party (PAN) Amien Rais said on Sunday that his party was ready to enter into a coalition with Golkar, provided the ruling political organization "reformed" and repented of its past wrongdoings.

Drug dealers busted with 'shabu-shabu'

Drug dealers busted with 'shabu-shabu' JAKARTA (JP): City police detectives have apprehended two alleged dealers of amphetamine-derivative shabu-shabu and confiscated 100 grams of the drug with an estimated street value of Rp 35 million (US$4,666).The suspects -- identified as A.

PPP opens fourth congress, cadres begin campaigning

PPP opens fourth congress, cadres begin campaigning JAKARTA (JP): Backed by tens of thousands of cadres and supporters who subsequently began election campaigning, the United Development Party (PPP) opened its fourth congress here on Sunday.Traffic disruption was so bad that even President B.J.

Indorayon calls on govt to provide protection

Indorayon calls on govt to provide protection JAKARTA (JP): Publicly-listed pulp and rayon producer PT Inti Indorayon Utama has called on the government to protect its operations, its workers and property while an independent auditing team begins work to decide its fate on Monday.

Exporters hail plan to set up trade financing agency

Exporters hail plan to set up trade financing agency JAKARTA (JP): Exporters hailed on Saturday the government's plan to establish a financing agency whose immediate focus will be to provide them with subsidized preshipment working capital and export credit, as a breakthrough in overcoming the...