Indonesian Political, Business & Finance News

Archive: 15 June 1998

42 articles found

TV today

TV today TVRI 2:00 p.m. News: Berita 14 2:35 TV Series: The Big Valley 3:05 Management Program: Kiat Manajemen 3:30 TV Drama: Musim Panas 4:00 Regional News 4:30 Creative Program: Karya Kita 5:00 Indonesian Lessons 5:30 Education Quiz: Tangkas Cermat 6:00 News: Lintasan Berita 6:05 My Country: Rona Nusantara 6:15 Sports: Monitor Olah Raga 6:30 TVRI News (in English) 7:00 Evening News 7:35 Teen Quiz: Gita Remaja 8:00 News: Lintasan Berita 8:05 Variety Show 8:30 Religious Teachings: Buddha 9:00...

Asian airlines fighting to survive

Asian airlines fighting to survive SINGAPORE (Reuters): Airlines across Asia are struggling to adapt to an unprecedented crisis which they can do little about, and some are fighting to survive. After a year-long slump in the Asian travel market, the only option for many carriers is to slash costs by selling planes, sacking staff and cutting routes.

Trisakti defense team meets with defendants

Trisakti defense team meets with defendants JAKARTA (JP): The defense team in the Trisakti court-martial met with the two police officers on trial at Jakarta Military Police Headquarters in Guntur, South Jakarta. "This meeting is very important because we are responsible to give advice, support and guide the defendants. It is their right to be protected, and it is our job to do so," the leader of the defense team, Adnan Buyung Nasution, said.

Local producers continue to favor exporting CPO

Local producers continue to favor exporting CPO JAKARTA (JP): Many crude palm oil (CPO) producers have not been supporting the government's program to stabilize cooking oil prices in the domestic market. An official of the government-sponsored Joint Marketing Office (KPB), which handles the marketing of farm products produced by state-owned plantation companies, said that many CPO producers still preferred exporting their produce despite a 40 percent export tax.

RP military probes ex-rebels' claim

RP military probes ex-rebels' claim ZAMBOANGA CITY, Philippines (DPA): The military opened yesterday a formal inquiry into accusations of maltreatment by former rebels undergoing training for integration into the Philippine armed forces. The inquiry was triggered by the walkout of more than 200 former Moro National Liberation Front (MNLF) rebels from their training camps June 9 after complaining that their trainers punched and kicked them during drills. Brig. Gen.

Was your savings account data burned?

Was your savings account data burned? By Zatni Arbi JAKARTA (JP): "What happens to my savings accounts now? Do the banks still have the data, or have I lost all the money that I entrusted to them?" As the riots raged out of control last month and we all felt helpless because of the lack of a reliable national leadership, that must have been among the many questions on peoples' minds.

Krakatau case must not affect privatization plans

Krakatau case must not affect privatization plans JAKARTA (JP): Indonesia must continue with its program to privatize state enterprises and secure badly needed foreign exchange, despite worries over the lack of transparency in the sale of steel maker PT Krakatau Steel. Former finance minister Mar'ie Muhammad said the Krakatau case should not affect the privatization program.

Protecting secrecy without jeopardizing democracy

Protecting secrecy without jeopardizing democracy By Mochtar Buchori JAKARTA (JP): Who shot the four Trisakti students to death on May 12? Will we ever know the truth? Or will it remain a "buried secret" like the Marsinah and Udin cases? I do not think that anyone among the lay public can answer these questions. And I do not think that those who have the facts will volunteer to answer these questions.

Amien calls off E. Java speeches

Amien calls off E. Java speeches SURABAYA: Leading opposition figure Amien Rais called off speeches in Pasuruan and Bangil yesterday as fears grew that his presence would incite a clash between various local groups. The chairman of the 28-million-strong Muhammadiyah Moslem organization told journalists in Surabaya, East Java, that his entourage was stopped on its way to Bangil by police who told him that a group of people intended to block their way into town.

N. Korea competes for aid with RI: UN

N. Korea competes for aid with RI: UN BEIJING (Reuters): Food shipments to North Korea are being threatened as aid is diverted to Indonesia, hit hard by the Asian financial crisis, UN officials said yesterday. "There are competing demands in the world, especially in this region now with Indonesia," said Douglas Coutts, the Pyongyang- based representative of the World Food Program.

Political protests seen putting pressure on market

Political protests seen putting pressure on market JAKARTA (JP): Reports on escalating antigovernment protests will likely put more pressure on the country's already ailing financial market this week. Securities analysts have said that at this stage, a fresh disbursement from the International Monetary Fund (IMF) would do little to help the economy.

Unity through repression?

Unity through repression? I was alarmed after reading an article in the "Across the Archipelago" section of the June 9 edition of The Jakarta Post reporting that the speaker of the South Sumatra provincial legislature had publicly called on Chinese-Indonesians to use Indonesian or the predominant ethnic language of the area for everyday use. I was puzzled when, in almost the same breath, he also urged a stop to discrimination in the country.

Epidemic fear in cyclone-hit India

Epidemic fear in cyclone-hit India AHMEDABAD, India (Reuters): India's cyclone-ravaged Gujarat state faced the threat of an epidemic yesterday as authorities tried to restore infrastructure damaged by sledgehammer winds. The death toll in the cyclone that hit the Arabian Sea coast last Tuesday mounted to 942, all but 11 in Gujarat, as officials sent out medical help to cure and prevent outbreaks of disease following the disaster.

Indonesian legislators query Clinton on aid use

Indonesian legislators query Clinton on aid use JAKARTA (JP): Eighty-nine Indonesian legislators have written to United States President Bill Clinton demanding that he ensure that American aid is not used to finance activities which would interfere in the country's domestic affairs. Six legislators -- Abu Hasan Sazili, Aminullah Ibrahim, Samsul Bahri, Yasril Baharudin and Zamharir A.R.

Pro-Megawati group occupies PDI office

Pro-Megawati group occupies PDI office MEDAN, North Sumatra: About 500 supporters of ousted Indonesian Democratic Party (PDI) leader Megawati Soekarnoputri, peacefully took over the provincial party's headquarters from the pro-Soerjadi faction Saturday. "Megawati is PDI's legitimate leader. We are the real owners of this office," said Azwir Matondang, the leader of the pro- Megawati group. They arrived early in the morning at the office on Jl.

Political will 'badly needed' in running projects

Political will 'badly needed' in running projects JAKARTA (JP): City councillors have criticized the administrations of Jakarta, Bogor, Tangerang and Bekasi over their lack of political will to synchronize their development programs. They said over the weekend that disharmony in the implementation of programs by the four administrations would only hinder development in the areas.

Rights body team visits Irian Jaya

Rights body team visits Irian Jaya JAKARTA (JP): Just a day after arriving in Timika, Irian Jaya, two National Commission on Human Rights members suggested yesterday that the number of suspected human rights violations may be higher than originally reported by church groups. Commission member Asmara Nababan said preliminary investigations indicated an increase in the number of violations that have occurred.

Asian stocks likely to be on guard

Asian stocks likely to be on guard SINGAPORE (Reuters): Asia's equity markets will track the weak yen again this week as worries about the Japanese currency's dive and its effect on other economies continue to haunt the region, analysts said. Most bourses lost ground sharply last week as the yen tumbled to a near eight-year low of 144.75 to the dollar and as Japan released growth figures showing the economy had entered its first recession in 23 years.

RP tightens new bank rules

RP tightens new bank rules MANILA (Reuters): The Philippine central bank has issued tighter guidelines for the establishment of new banks as part of its efforts to strengthen the banking system, an official document released yesterday said.

Regional slowdown hits Singapore hard

Regional slowdown hits Singapore hard SINGAPORE (Reuters): April data released on Saturday by the Monetary Authority of Singapore (MAS) showed the regional slowdown hitting Singapore hard in a number of sectors. The MAS said the rate of growth in bank lending to most major sectors of the economy fell year-on-year, and month-on-month total loans showed a slight decline.

Village official's home wrecked

Village official's home wrecked BOGOR (JP): Hundreds of angry Sukamaju village residents in Jonggol district here have severely damaged a house belonging to the village head, who was believed to have been involved in corrupt practices. The residents threw stones at Andi Setiawan's house Thursday, causing significant damage to the house and belongings inside. No fatalities were reported during the incident. Andi and his family fled as soon as they found out that the residents were coming.

Confidence is Habibie's challenges

Confidence is Habibie's challenges By Benny Subianto JAKARTA (JP): Two days before announcing his resignation on May 21, Soeharto asked a group of nine Islamic leaders whether appointing Habibie, his vice president cum golden boy, as president would guarantee an end to the troubles. None of the nine Islamic leaders wanted Habibie to be President. Habibie's subsequent appointment has been widely questioned by many parties, including some of his supporters.

Assimilation

Assimilation From Neraca The problem of the indigenous and nonindigenous part of the population, mainly ethnic Chinese, recently surfaced again. Actually nonindigenous Indonesians do not consist of ethnic Chinese only. There are ethnic Arabs, ethnic Indians, etc.. The obvious difference in community life is that the nonindigenous population -- other than the ethnic Chinese -- can more easily intermingle and assimilate in the community, and seek to resemble other members of the community.

Kuntoro blasts PLN for above-normal prices

Kuntoro blasts PLN for above-normal prices JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto has blasted state electricity company PLN for charging customers above-normal prices. Kuntoro voiced his criticism Friday following reports that PLN increased power prices for many households by up to 300 percent starting last month, as against the government-set price increase of an average of 20 percent.

Businessman injured, robbed of Rp 60m

Businessman injured, robbed of Rp 60m JAKARTA (JP): A group of 10 armed robbers broke into a businessman's house in Kelurahan Cipinang Besar Selatan in East Jakarta Saturday morning and took away Rp 60 million (US$4,300) in cash and a television set, a police officer said over the weekend. Armed with machetes, sickles and a gun, the thieves wounded the fruit wholesaler vendor Badrul, 30, in the head and tied up his wife and their three children, according to the officer who asked for anonymity.

Golkar, PPP, PDI will fade away, Amien forecasts

Golkar, PPP, PDI will fade away, Amien forecasts JAKARTA (JP): Political analyst Amien Rais has predicted the three major political organizations -- Golkar, the United Development Party (PPP) and the Indonesian Democratic Party (PDI) -- which have dominated the political scene for years will soon disappear. Speaking at a discussion titled Political Parties in the post- Reform Era, here, Amien expressed his belief that those contesting the next polls will all be new parties.

Military groups hold cheap bazaar

Military groups hold cheap bazaar JAKARTA (JP): Cooperatives linked to the Jakarta Military Command started weekly bazaars yesterday selling essential goods cheaply. The first of the markets, which are targeting densely populated areas, opened at Sarua Lama village in Ciputat, Tangerang, yesterday morning. Flooded with local residents, the cooperatives sold rice from Rp 1,100 (8 U.S.

Habibie's latest pledge

Habibie's latest pledge After sending confusing signals about his future plans, President B.J. Habibie announced last week that he had no intention of running for election next year. The President had earlier announced that the government planned to hold a general election for the legislature next year. According to the country's system, the members of the People's Consultative Assembly, the country's highest constitutional body, will elect a new national president.

Sutiyoso 'should include' NGOs, city councilors in reform team

Sutiyoso 'should include' NGOs, city councilors in reform team JAKARTA (JP): A councilor has suggested Governor Sutiyoso include city councilors and NGO representatives in a reform team founded recently to clean the administration of corruption, collusion and nepotism. Ali Imran Husein of Commission D for development affairs said yesterday the team, called the task force of control and supervision, would not work effectively if it consisted of only city administration officials.

Suez Lyonnaise and Thames to invest US$25m

Suez Lyonnaise and Thames to invest US$25m JAKARTA (JP): Britain's Thames Water Overseas Ltd. and French conglomerate Suez Lyonnaise des Eaux are to invest Rp 350 billion (US$25 million) as part of their cooperation agreement with city- owned water management firm PDAM Jaya to improve water infrastructure in the capital, it was announced yesterday.

New governor for East Kalimantan

New governor for East Kalimantan SAMARINDA, East Kalimantan: Brig. Gen. Suwarna Abdul Fatah, 54, was elected provincial governor for the 1998/2003 term after receiving 38 of the 45 votes in an election in the provincial legislature Saturday. He defeated two other nominees, Chaider Hapidz and Jurnalis Ngayoh, who received four and three votes respectively. Suwarna will replace HM Ardans who cannot be reelected since he has served the maximum of two consecutive terms, Antara reported.

Distribution center set up to ease stockpile

Distribution center set up to ease stockpile JAKARTA (JP): The government has announced that it will set up a distribution center to ease the backlog of undistributed goods which has built up following last months riots. The center, to be established and run by the Ministry of Trade and Industry, will ensure that basic supplies reach retail outlets.

Prasetiya Mulya puzzled by offer to join Kadin

Prasetiya Mulya puzzled by offer to join Kadin JAKARTA (JP): The Prasetiya Mulya Foundation (YPM), an educational and social organization established by the country's top conglomerates, has turned down an offer to join the Indonesian Chamber of Commerce and Industry (Kadin). Prasetiya chairman Ciputra and executive director Prasastro Sudyatmiko said in a statement that the invitation went to a wrong address.

Jakarta riots were 'spontaneous acts'

Jakarta riots were 'spontaneous acts' JAKARTA (JP): Jakarta Military Commander Maj. Gen. Sjafrie Sjamsoeddin said Saturday the mid-May unrest that claimed thousands of lives and huge material losses was spontaneous. Speaking to reporters at the Army's Special Force's headquarters at Cijantung, East Jakarta, Sjafrie said, however, some of the riots were sporadically organized by small groups in certain areas in Greater Jakarta. These groups had no direct links to each other, he stressed.

Ex-regent to be questioned today

Ex-regent to be questioned today YOGYAKARTA: Former Bantul Regent Col. Sri Roso Sudarmo has been summoned as a suspect in a bribery case by the military police here and will be questioned today. Local Military Police commander Lt. Col. Unggul Kawistara Yudoyono said here Saturday that Sri Roso would be interrogated for allegedly offering the Dharmais charity foundation Rp 1 billion (US$71,500) to smooth his reappointment as Bantul regent for the 1996/2001 term.

Councilors asked to resign

Councilors asked to resign BOGOR (JP): Five hundred supporters of the ousted Indonesian Democratic Party (PDI) leader Megawati Soekarnoputri went to the Bogor Legislative Council on Saturday to demand the resignation of councilors from the government-backed faction of the PDI. "The councilors are not from PDIs Bogor branch office," the protesters' spokesman M. Sahid said. The protesters also urged Bogor police chief Col.

Tangerang officials threaten to resign

Tangerang officials threaten to resign TANGERANG (JP): Ten subdistrict heads and a district secretary have sent letters to Tangerang Mayor Djakaria Mahmud threatening to resign if the Tangerang district head is not dismissed. The protesters have accused the Tangerang district head, Mulyadi Sieska, of being arrogant, very cruel and involved in nepotistic practices.

No travel ban on Soeharto

No travel ban on Soeharto JAKARTA (JP): Minister of Justice Muladi said Saturday that there had been no request from authorities to stop former president Soeharto from traveling overseas. "The immigration office only waits for requests. Up to now, there has been no request to impose a travel ban against Mr. Soeharto," Muladi told reporters after attending the installment ceremony of Supreme Advisory Council members at the State Palace on Saturday.

Elephants get stomach aches too

Elephants get stomach aches too BANDARLAMPUNG, Lampung: Even the elephant, the largest land mammal on Earth, has to watch its diet as a prognosis said the stomach aches suffered by 16 elephants at the Way Kambas elephant training center was a result of gorging too much grass. Many people initially thought the elephants had consumed some sort of toxin. However the head of the Way Kambas National Park, Suherti Reddy, said trainers had been stuffing the elephants with too much grass.

Qantas adds flights to Bali

Qantas adds flights to Bali SYDNEY (Reuters): Australia's flagship airline Qantas Airways Ltd said yesterday it will suspend flights to Fukuoka, Tokyo, Jakarta, Bangkok and Vietnam but add services to Bali, Los Angeles, Singapore, Mumbai and Bali. Executive general manager, commercial, Geoff Dixon said in a statement the changes would allow Qantas to redirect capacity to growth markets, including Europe and the United States.

E. Timorese take break after two days of protests

E. Timorese take break after two days of protests JAKARTA (JP): Protesters took the day off yesterday after two consecutive days of demonstrations both here and in Dili, East Timor, to demand a referendum in Indonesia's youngest province. The 1,200 mostly Timorese protesters who held a noisy rally at the Ministry of Foreign Affairs here Friday left Jakarta on Saturday aboard commercial trains bound for Central and East Java where many live.

Observers slam DPA as 'useless'

Observers slam DPA as 'useless' JAKARTA (JP): Two prominent political observers slammed Saturday's installation of new members of the Supreme Advisory Board (DPA) as a "waste", saying that it had become an insignificant institution. Constitutional law expert Harun Al Rasyid and political observer Arbi Sanit -- both lecturers at the University of Indonesia -- agreed that the body had played no significant role for several years.