Indonesian Political, Business & Finance News

Archive: 1 December 1998

59 articles found

ABRI's dual function

ABRI's dual function Is it possible for military personnel to psychologically and cognitively function both as security agents (in the broadest sense) requiring complete obedience and loyalty toward their superiors with all the requisite military professionalism and as social-political agents (in...

Indonesian priorities

Indonesian priorities While there are the twin bonding blocks of Islam and the Indonesian language, there is much that could tear Indonesia apart. In times of economic development and growth, such conflicts rarely broke out into open hostility, and when they did they were relatively easily...

NU business wing buys 20 percent of Bank Papan

NU business wing buys 20 percent of Bank Papan JAKARTA (JP): The Harawi Sekawan Group, a business unit of the country's largest Moslem organization Nahdlatul Ulama, has purchased a 19.98 percent stake in publicly-listed Bank Papan Sejahtera from international investors SBC Warburg Hong Kong and...

Universal use of unleaded gas in Indonesia still years away

Universal use of unleaded gas in Indonesia still years awayBy Stevie Emilia JAKARTA (JP): Experts have warned for years that emissions from vehicles using leaded gasoline cause air pollution and are harmful to people's health as they damage the neurological system and affect children's learning...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 30, 1998: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 375 0 0 AHAP Insurance 400 0 0 Alter Abadi 300 0 776,500 Alumindo Light Metal 300 0 367,000 Alumindo Perkasa...

Clash victims get donation

Clash victims get donation JAKARTA (JP): Minister of Social Services Justika S. Baharsjah on Monday donated Rp 5 million (US$667) each to the families of 15 victims killed in the Nov. 13 incident.She also contributed another Rp 200,000 each to 39 people who were injured during the Black Friday...

RP arrests 20 Chinese fishermen

RP arrests 20 Chinese fishermen PUERTO PRINCESA, Philippines (AP): A Philippine navy patrol has arrested 20 Chinese fishermen and seized their six boats after they were found fishing near a Philippine-claimed islet in the disputed Spratly Islands, a navy officer said on Monday.Maj.

Prestige at stake

Prestige at stake We need to look for another hero, says one member of the South Sulawesi community in Jakarta. This is linked to the Attorney General A.M. Ghalib's case, the hot issue of the public call for investigation of former president Soeharto's wealth.

SE Asian ulemas to discuss HIV/AIDS

SE Asian ulemas to discuss HIV/AIDS JAKARTA (JP): Moslem clerics from Southeast Asia will discuss Human Immunodeficiency Virus (HIV) and the Acquired Immune Deficiency Syndrome (AIDS) in a workshop on Tuesday in conjunction with World AIDS Day.

Students demand riot probe

Students demand riot probe MEDAN, North Sumatra: Dozens of students from the Muhammadiyah University took to the streets here on Monday demanding an investigation into alleged military violence during riots at a pulp and paper plant last week.

AusAID and the Indonesian Government Cooperate on HIV/AIDS prevention

AusAID and the Indonesian Government Cooperate on HIV/AIDS prevention The problem of Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome (HIV/AIDS) is no longer limited to certain groups in society.

Soeharto, associates own 9m ha of forest

Soeharto, associates own 9m ha of forest JAKARTA (JP): Minister of Forestry and Plantations Muslimin Nasution disclosed on Monday that his office had discovered around nine million hectares of forests throughout the country were owned or controlled by former president Soeharto, his family and close...

Is reform era at an end?

Is reform era at an end?By Rochman Achwan JAKARTA (JP): Six months have passed since Soeharto stepped down. The "spring" of democracy that arose along with his going has sailed into uncharted waters.Today, Indonesia is at the crossroads.

Budi not included in Asiad singles

Budi not included in Asiad singles JAKARTA (JP): Newly crowned Hong Kong Open men's singles champion Budi Santosa saw his dreams of playing in the individual event at the Asian Games go up in smoke on Monday.

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 Documentary: Widya Wahana 9:00 Music 9:30 Interval 2:00 p.m.

Investigation of Soeharto's wealth

Investigation of Soeharto's wealth Should the sources of former president Soeharto's financial assets be investigated? By all means. And afterwards, should our efforts end there? By no means.The majority of Indonesians seem to agree that the wealth of Soeharto's family, friends and cronies should...

Where to go in Bandung:

Where to go in Bandung:Exhibitions * Painting Exhibition: Works of Eddy Noor, at Bandung Giri Gahana Golf and Resor, Jl. Raya Jatinangor km. 20 (Phone: 022 798401), 8 a.m. to 7 p.m., until Dec. 8. * Fine Arts Exhibition: Recognition, by Yudi Yudoyoko, at Galeripadi Jl. Ir. H.

Muntjac may live on in Kalimantan

Muntjac may live on in Kalimantan BANJARMASIN, South Kalimantan: The highly threatened yellow muntjac (muntiacus atherodes) is still believed to roam East and South Kalimantan forests.A field survey conducted by the non-governmental organization Kompas found two yellow muntjacs were trapped and...

UN envoy to meet with women abuse victims

UN envoy to meet with women abuse victims JAKARTA (JP): The United Nations' Special Rapporteur for Violence against Women said on Monday she would meet women who were reportedly victims of violence in East Timor.

Three die in bus accident

Three die in bus accident GROBOGAN, Central Java: An intercity bus careened off the road and hit a tree on Sunday evening, killing at least three people and leaving nine others injured.Local police chief Lt. Col. Cornelis said that the driver of the bus fled the scene and was still at large.

Rio Tinto sings praises of RI mining investment outlook

Rio Tinto sings praises of RI mining investment outlook JAKARTA (JP): The giant Anglo-Australian mining company Rio Tinto Group said on Monday that Indonesia remained one of the world's most attractive countries for mining investments despite the current economic and political turmoil.

Honesty: Armed Forces' best political policy

Honesty: Armed Forces' best political policy How can Indonseia work out a peaceful withdrawal from politics for the Armed Forces? Political analyst J. Soedjati Djiwandono offers a suggestion. JAKARTA (JP): One of the burning issues of the current phase of the reform process that the nation is...

NU may bring ninja killings before ICJ

NU may bring ninja killings before ICJ JAKARTA (JP): The country's largest Moslem organization Nahdlatul Ulama (NU) may bring the case of the ninja killings which have taken place across Java over the past few months to the International Court of Justice (ICJ), Antara reported on Monday.

SE Asian currencies mixed against dollar

SE Asian currencies mixed against dollar SINGAPORE (Dow Jones): Southeast Asian currencies were mixed, but with a firm tone against the U.S. dollar in quiet trading late Monday, even as the yen slowly weakened throughout the session.

Conversion Rates

Conversion Rates Bank Bali's conversion rates on Nov. 30, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,225.00 7,425.00 7,225.00 7,525.00Austrian schilling 1 565.30 635.30 - -Australian dollar 1 4,495.00 4,755.00 4,475.00 4,825.00Belgian franc 1 189.

Dissenters of the ruling Golkar contemplate forming new party

Dissenters of the ruling Golkar contemplate forming new party JAKARTA (JP): A number of former senior Golkar officials said on Monday that they were considering forming a new party because of discontent with the policies of the ruling political group.

Rupiah stay steady as stocks lose ground on profit taking

Rupiah stay steady as stocks lose ground on profit taking JAKARTA (JP): The rupiah was steady at Rp 7,500 against the U.S. dollar in very thin dealing on Monday as stocks shed 1.5 percent, currency dealers and stockbrokers said.

Six banks take credit card holders to court

Six banks take credit card holders to court JAKARTA (JP): Six local banks have filed bankruptcy claims against two credit card holders for not paying their bills, according to a document released by the Jakarta Commercial Court.

Annan advocates open talks to slow the spread of AIDS

Annan advocates open talks to slow the spread of AIDS JAKARTA (JP): AIDS is still incurable, but the spread of HIV can be slowed by talking openly about AIDS and sexual behavior, according to UN Secretary-General Kofi Annan.

Sutiyoso gets tough on gambling, prostitution

Sutiyoso gets tough on gambling, prostitution JAKARTA (JP): Governor Sutiyoso has instructed all the city's five mayors and public order officers to close down entertainment spots found to have become covers for gambling and prostitution businesses.

Gen. Ver buried with honors

Gen. Ver buried with honors SARRAT, Philippines (Reuters): Former Philippine chief of staff General Fabian Ver was buried here on Monday, pursued to his grave by controversy over his alleged role in the 1983 murder of opposition leader Benigno Aquino.

RI, German scientists begin research project

RI, German scientists begin research project CILACAP, Central Java (JP): Thirty-eight scientists from Indonesia and Germany representing various disciplines started a joint three-month research project on marine geology Sunday.

Filipino fishermen to be repatriated

Filipino fishermen to be repatriated PALU, Central Sulawesi: Six Filipino fishermen arrested for fishing in local waters are to be sent home as soon as possible, head of the local immigration office Husin Alaydrus said.They were found in the Buol Tolitoli regency, Central Sulawesi, Antara reported.

Small businesses in deep debt

Small businesses in deep debt TANGERANG (JP): Bad debts amounting to about Rp 1.5 billion (US$200,000) have burdened 146,512 families in Tangerang since 1996, due mainly to problems in marketing their products, an official said on Monday.

Soeharto probe team offer has few takers

Soeharto probe team offer has few takers JAKARTA (JP): President B.J. Habibie has delayed announcing the line up of a special commission to investigate the wealth of his predecessor Soeharto amid reports that several public figures have turned down the offer of positions on the team.

IMF seen deciding next aid disbursement soon

IMF seen deciding next aid disbursement soon JAKARTA (JP): The IMF executive board is expected to hold a meeting on Dec. 12 to review Indonesia's economic reform programs and to decide on the date of the next disbursement of its bailout money for the country, according to Coordinating Minister for...

'Don't leave city on festive holidays'

'Don't leave city on festive holidays' JAKARTA (JP): Governor Sutiyoso has encouraged Jakartans not to leave the city for their hometowns during the upcoming festive period unless willing "to pay a heavy price"."I'm not only speaking about the cost of tickets.

PPP starts anew

PPP starts anew The Moslem-based United Development Party (PPP) opened its four-day congress here on Sunday in which it will set its house in order in readiness for next year's general election. It plans to make significant gains next year, but unlike in previous campaigns, it will be vying with 17...

Health advocates receive honors

Health advocates receive honors JAKARTA (JP): The Ministry of Health has presented awards for high dedication on health issues to 28 people from the country's 27 provinces.The awards were presented late on Sunday in conjunction with the 34th National Health Day marked on Nov. 12, Antara reported.

Gus Dur says groups of fanning religious discord

Gus Dur says groups of fanning religious discord JAKARTA (JP): The chairman of the country's largest Moslem group Nahdlatul Ulama, Abdurrahman Wahid, said on Monday there were parties exploiting religious sensitivities to stir up unrest.

Husband and wife caught in Ketapang for alleged robbery

Husband and wife caught in Ketapang for alleged robbery JAKARTA (JP): A married couple was caught by Ketapang Utara residents in the midday robbery of a house in the densely- populated area of Jl. Krukut Pasar, West Jakarta on Monday.

Earthquake near Ambon kills five

Earthquake near Ambon kills five JAKARTA (JP): Five people were killed, one person is missing and scores of others were injured when an earthquake measuring 6.5 on the Richter scale hit Falabisahaya village on Mangole island in the North Maluku regency on Sunday night, Antara reported.

Warring groups agree to end clashes

Warring groups agree to end clashes JAKARTA (JP): Representatives of Ketapang residents reached an agreement with members of the Ambonese community in Jakarta on Monday to bar against a repeat of the bloody Nov. 22 clash between the groups.

Metareum makes humble last speech at PPP congress

Metareum makes humble last speech at PPP congress JAKARTA (JP): Ismail Hasan Metareum, making his last speech as chairman of the United Development Party (PPP), conceded on Sunday that he had let down his supporters during the last eight years of his leadership.

Both child divers and coral reef abused

Both child divers and coral reef abusedBy Adam Easton PALAWAN, South-western Philippines: Hundreds of children in the Philippines are being forced to work under barbaric conditions doing a type of fishing which destroys coral reefs.

Four illegal workers die in gold mine collapse

Four illegal workers die in gold mine collapse BOGOR (JP): Four illegal miners were killed and a soldier severely injured when a shaft of a gold mine managed by state- owned PT Aneka Tambang at Pongkor mountain in Nanggung here caved-in on Saturday, Muin, a member of the local disaster post said on...

Researchers find rare flower

Researchers find rare flower BANDARLAMPUNG: A team from the Bukit Barisan National Park believes it may have found a new type of the giant rafflesia flower in the Kubunicik forest.Leader of flora and fauna promotion of Bukit Barisan Iwen Y. Ismarson S.

Nyoman and Ruwiyati aim to improve personal bests

Nyoman and Ruwiyati aim to improve personal bests JAKARTA (JP): Top track and field athletes Ni Nyoman Rae and Ruwiyati set on Monday modest targets of improving their personal bests at the Asian Games in Bangkok, although they did not rule out their chances of winning medals.

Parents of dead students seek justice

Parents of dead students seek justice JAKARTA (JP): The parents of six students who were shot dead in the clashes between students and security forces on Nov. 13 demanded on Monday the Armed Forces (ABRI) leaders are held responsible for the incident.

Police call in top economist

Police call in top economist JAKARTA (JP): The Jakarta Police summoned noted economist Sjahrir on Monday for questioning as a witness to the massive student rally in front of the People's Consultative Assembly (MPR) building on Nov. 14.

Mining Summit draws 200 firms

Mining Summit draws 200 firms JAKARTA (JP): About 200 mining technology producers from across the world, including Australia, Canada, Poland and the United States, will take part in the mining fair and conference scheduled to take place from Dec. 3 to Dec.

Inflation 0.08% in November: BPS

Inflation 0.08% in November: BPS JAKARTA (JP): Indonesia's monthly inflation rate rose to 0.08 percent in November from deflation of 0.27 percent in October, sending the year-on-year inflation rate to 78.15 percent, the Central Bureau of Statistics (BPS) announced on Monday.

Scavengers rally to protest student demonstrations

Scavengers rally to protest student demonstrations JAKARTA (JP): Street rallies in the capital on Monday were marked by the presence of a group of 50 people calling themselves members of the Big Family of Jakarta Scavengers (KBPJ).

ABRI must return to basics

ABRI must return to basicsFrom Sinar PagiIt seems a long way still before the expectations and the wishes of the community that the Armed Forces (ABRI) should be treated more proportionally can be properly fulfilled.

IDB okays Indonesian deal

IDB okays Indonesian deal MANAMA, Bahrain (Dow Jones): Jeddah-based Islamic Development Bank (IDB) has agreed to finance food and medicine imports worth US$280 million to Indonesia, the IDB said on Monday.

BMG warns of future small-scale storms

BMG warns of future small-scale storms JAKARTA (JP): Head of the Meteorology and Geophysics Agency (BMG) Sri Diharto warned on Monday about the possibility of Indonesia, including the capital, being hit by localized small- scale storms in the near future.

Places of worship vandalized in Kupang

Places of worship vandalized in Kupang JAKARTA (JP): Six mosques were burned or vandalized by a group of people in Kupang, the capital of East Nusa Tenggara, in apparent retaliation for the burning of churches in the Ketapang area of Jakarta on Nov. 22.

RI's growth to fall 5 percent next year: Indef

RI's growth to fall 5 percent next year: Indef JAKARTA (JP): The country's economy will contract by a further 5 percent next year barring any major political upheaval, independent research agency Institute for Development and Finance (Indef) predicts.

Anwar lawyer sentenced to jail for contempt

Anwar lawyer sentenced to jail for contempt KUALA LUMPUR (AFP): A lawyer defending Anwar Ibrahim was sentenced to three months jail on Monday after refusing to apologize for allegations that prosecutors tried to fabricate evidence against the ousted deputy premier.