Indonesian Political, Business & Finance News

Archive: 10 August 1998

48 articles found

Business recovery scheme initiated in Surakarta

Business recovery scheme initiated in Surakarta SURAKARTA, C. Java (JP): The government has launched a multi- billion rupiah program to reconstruct business in this historical city which was severely damaged during two days of mass looting and arson one week before the end of Soeharto's 32-year...

Indonesia orders 500,000 tons of Thai rice

Indonesia orders 500,000 tons of Thai rice BANGKOK (DPA): Thailand has agreed to export 500,000 tons of rice to Indonesia between September this year and January 1999 for close to 6 billion baht (US$143 million), news reports said Saturday.

5,000 Moslems pray for end to crisis

5,000 Moslems pray for end to crisis KUPANG, East Nusa Tenggara: At least 5,000 Moslems attended a mass prayer, known as Istighosah kubro, here yesterday to ask for divine help to lift Indonesia out of its problems, Antara reported.

Juwono to open photo exhibition

Juwono to open photo exhibition JAKARTA (JP): Minister of Education and Culture Juwono Sudarsono is scheduled to open a photo exhibition on the student movement at Bentara Budaya on Jl. Palmerah Selatan, 25 in Central Jakarta today.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Photo Exhibition: A Part of Indonesian Historical Journey, at Galeri TC, Jl. Kemang Raya No. 24A, South Jakarta (Phone: 7194278), Sunday, at 10:30 a.m. to 12 p.m., Monday to Thursday, 11:30 a.m. to 11:30 p.m., Friday to Saturday 11:30 a.m. to 1:30 a.m.

No near-term upside in Indonesia: Amatil

No near-term upside in Indonesia: Amatil SYDNEY (Reuters): Coca-Cola Amatil Ltd Managing Director David Kennedy said on Sunday he did not see any upside in the soft drink bottler's Indonesian operations for some time.

ABRI to get new role in Irian Jaya

ABRI to get new role in Irian Jaya JAKARTA (JP): The Armed Forces (ABRI) is changing its approach in Irian Jaya in a bid to win the hearts of people there, with its highest regional commander pledging Saturday to look after local villagers rather than fight separatist rebels.

Layoffs

Layoffs The company where I was once employed, PT IBP, located on the fifth floor of Plaza Aminta, Jl. TB Simatupang Kav. 10, Jakarta 12430 between March and June 1998 laid off hundreds of employees, including me, solely on the grounds of declining activities and without observing prevailing...

Moslems warned against being used as political tool

Moslems warned against being used as political tool JAKARTA (JP): Observers are warning the Moslem community against being exploited as a political tool to legitimize the status quo, as has been done in the past.A.

Return of confidence vital: Mari

Return of confidence vital: Mari JAKARTA (JP): The government's target to lift the country out of its economic crisis by 2000 will largely depend on efforts to win back hard-to-obtain confidence in the country, according to economists.Mari E.

Scam through telephone

Scam through telephoneFrom NeracaThe Indonesian Consumers Foundation (YLKI) has, of late, received a lot of complaints from consumers assumed to have fallen prey to a scam with a lottery prize as a cover.

Singapore, RI to talk trade

Singapore, RI to talk trade SINGAPORE (Bloomberg): Singapore and Indonesia agreed to resume talks over a Singapore plan to guarantee payment for Indonesian imports, the Straits Times newspaper reported Saturday, citing an unidentified Singapore official.

Caltex says govt may extend oil field contract

Caltex says govt may extend oil field contract JAKARTA (JP): The country's biggest oil producer, PT Caltex Pacific Indonesia (CPI), said the government was considering extending its contract in the Coastal Plains Pakanbaru (CPP) oil field in Riau which expires in 2001.

Australia to roll over debt

Australia to roll over debt YOGYAKARTA (JP): Australia plans to reschedule its US$1.4 billion loan to the Indonesian government in a bid to help Jakarta cope with its crippling economic crisis, an Australian official has said.

Government urged to attract more Chinese tourists

Government urged to attract more Chinese tourists JAKARTA (JP): Indonesia should attempt to lure more tourists from China in an effort to help revive the tourism industry which has been badly hit by the recent political upheavals and the economic crisis, according to a former tourism official.

Mercedes-Benz to stay in Indonesia despite crisis

Mercedes-Benz to stay in Indonesia despite crisis JAKARTA (JP): German carmaker Mercedes-Benz plans to keep its Indonesian operation despite the expected more than 80 percent drop in sales this year, the company has said.

TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:35 TV Series: The Big Valley 3:05 Documentary: Kisah di Balik Monumen 3:30 TV Drama: Adik-adikku Tersayang 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...

ABRI should revise political role

ABRI should revise political role Aceh's "Skulls Hill" controversy is the latest blow to the Armed Forces' (ABRI) reputation, which has already been battered by numerous incidents, including the shooting of students and the kidnapping of activists.

CA asks banks for debt moratorium

CA asks banks for debt moratorium TOKYO (Nikkei): PT Chandra Asri Petrochemical Center has asked banks for a three-year moratorium on repayments of a US$830 million loan, the Nihon Keizai Shimbun Saturday morning edition reported, citing sources at the Japanese companies.

Indonesian economy not ruined

Indonesian economy not ruinedBy C.J. de Koning This is the first of two articles on the Indonesian currency. JAKARTA (JP): Money provides power -- the power to purchase goods and services and the power to save.

JAA to raise Taipei flights

JAA to raise Taipei flights HONG KONG (Dow Jones): Taiwan has decided in principle to accept Japan's request to increase by 40 the number of annual charter flights by Japan Asia Airways (JAA) to Taipei, Taiwan's official Central News Agency reported Saturday, according to the Kyodo News Service.

16-year-old boy arrested for Ciledug killings

16-year-old boy arrested for Ciledug killings TANGERANG (JP): Police have arrested a boy for the violent murder of a housewife and her niece on Jl. Taman Asri Lama in Kampung Cipadu, Ciledug district, an official said here Saturday.Tangerang Police Chief Lt. Col.

Red Cross emblems violated during political upheavals

Red Cross emblems violated during political upheavalsBy Fadillah Agus JAKARTA (JP): The chaotic events leading up to the downfall of former president Soeharto saw several instances in which the emblem of the Red Cross was not respected or was misused.

Tolerance in the name of love

Tolerance in the name of love It's been a time of tense two-way traffic in letters from one supporter (so far) of Mr. Masli Arman and a group of people who stand against him. I myself do not expect to escalate tensions further, but rather wish to speak out all in the name of love (God's love).

Nurdin Halid questioned

Nurdin Halid questioned UJUNGPANDANG, South Sulawesi: The provincial prosecutor's office plans to question a member of the House of Representatives/People's Consultative Assembly this week over the embezzlement of Rp 50 billion (US$3.85 million) from a farmers cooperative fund.

Laws against Chinese culture

Laws against Chinese culture Jusuf Wanandi, in his article Indonesia must win back its Chinese community made some important suggestions for racial harmony in Indonesia. But he did not mention the need to repeal the laws against Chinese names, literature, religion and ceremonies.

Canberra to help public campaign

Canberra to help public campaign YOGYAKARTA: Australia is allocating A$250,000 to projects aimed at facilitating the establishment of a civil society in Indonesia, an Australian official says.Richard Woolcott of the Australia-Indonesia Institute (AII) said here Friday the fund would be used to...

Bomb thrower 'has personality disorder'

Bomb thrower 'has personality disorder' JAKARTA (JP): Psychiatrists presume that the sole suspect of last week's lobbing of two Molotov cocktails at the official residence of Governor Sutiyoso in Menteng, Central Jakarta, has a personality disorder, an officer said.City police chief Maj. Gen.

Kunarto not to vie for top audit agency post

Kunarto not to vie for top audit agency post JAKARTA (JP): Former national police chief Gen. (ret) Kunarto has pulled his name from those being considered for the Supreme Audit Agency's (BPK) top post in protest over what he perceived as an effort by President B.J.

Traditional oil workers fight to survive

Traditional oil workers fight to surviveBy Gin Kurniawan and Risang Pamungkastiran BOJONEGORO, East Java (JP): It is surprising that in our age of modern technology, some oil drilling activities today are managed the way they were a century ago.

Two-faced baby dies of alleged starvation

Two-faced baby dies of alleged starvation BOGOR (JP): A baby girl who was born with two faces in Kampung Cangkurawok, Babakan village, Darmaga district, allegedly starved to death on Friday afternoon, a relative said yesterday.Yunani Yunana was born to her mother, 17-year-old Maryati, at 10 a.m.

Antimonopoly law will open businesses to all

Antimonopoly law will open businesses to allBy Ronald Nangoi JAKARTA (JP): The planned introduction of an antimonopoly law in the near future is likely to satisfy demands for measures against business monopolies and oligopolies in Indonesia.

Sense of crisis lacking

Sense of crisis lackingFrom Bisnis IndonesiaIt is not quite wrong if a certain party suggested that the government and the House of Representatives have not fully shown a sense of crisis.First, this lack of sense of crisis is evident in the government's plan to allocate a gift of a house (or...

Violent riot in Surakarta saddens Wiranto

Violent riot in Surakarta saddens Wiranto SOLO, Central Java (JP): Minister of Defense and Security Affairs/Armed Forces Chief Gen. Wiranto on a visit to Surakarta, Central Java, Saturday expressed surprise that the reform movement could alter a town famous for its gentle nature, into a mob of...

Stock market expected to remain under pressure

Stock market expected to remain under pressure JAKARTA (JP): Stock prices on the Jakarta Stock Exchange (JSX) are expected to remain stagnant this week as the bearish sentiment pervading regional markets is likely to cast a shadow on trading activities in the local bourse, stock analysts and...

S'pore marks independence

S'pore marks independence SINGAPORE (Reuters): Singapore celebrated 33 years of independence yesterday but a simmering row with Malaysia highlighted the strained relations since the city-state split from the Malaysian Federation in 1965.

Scanning technology reaches a new level with new product

Scanning technology reaches a new level with new productBy Zatni Arbi JAKARTA (JP): My HP ScanJet IIC has just celebrated its seventh year of existence. Still, it does not show its age very much, except the warming up phase seems to take longer now.

It's business as usual in downtown Kota

It's business as usual in downtown KotaBy Ida Indawati Khouw JAKARTA (JP): Shop owners in the downtown Kota areas of Pinangsia and Mangga Dua plan to go about their routines and make no preparations in response to widespread rumors of renewed unrest occurring in the capital on Aug. 17.

S'pore economy slows and sees deficit, Goh says

S'pore economy slows and sees deficit, Goh says SINGAPORE (Reuters): Singapore Prime Minister Goh Chok Tong said on Saturday that second-quarter growth in Singapore had slowed and the rest of the year would be worse."After a revised growth of 6.

Acehnese rejoice over withdrawal decision

Acehnese rejoice over withdrawal decision JAKARTA (JP): Dozens of Acehnese living in Jakarta, including United Development Party (PPP) chairman Ismail Hasan Metareum, held a prayer here to express their joy and relief over the recent Armed Forces' decision to withdraw its troops from Aceh.

RP ready for yuan devaluation

RP ready for yuan devaluation DAVAO CITY (DPA): President Joseph Estrada Saturday assured that his economic managers will work double time to prepare for the possibility of a devaluation of the Chinese yuan as the government reeled from a 1.

Yogyakarta's special status debated

Yogyakarta's special status debated YOGYAKARTA (JP): A royal row is brewing here with President B.J. Habibie likely having to decide whether someone other than a descendant of the Yogyakarta aristocracy would be eligible to become governor of the special province.

Two more political parties established yesterday

Two more political parties established yesterday JAKARTA (JP): Nearly 10,000 Moslems gathered at the Al Azhar Grand Mosque yesterday to mark the birth of the Justice Party established by a group of young intellectuals.

Indonesia may import more wheat and sugar in September

Indonesia may import more wheat and sugar in September BANGKOK (Reuters): Indonesia's National Logistics Agency (Bulog) may issue a tender in September to buy more wheat and sugar, the agency top official said yesterday.

City growth to be minus 17.6%

City growth to be minus 17.6% JAKARTA (JP): Jakarta's economy is expected to contract by 17.62 percent this year, down substantially from the 5.01 percent growth recorded last year, the Central Bureau of Statistics (BPS) said Saturday.

Puncak entertainment spots 'should be shut'

Puncak entertainment spots 'should be shut' BOGOR (JP): Over 300 Moslem preachers and residents of the mountainous Puncak area visited the local regency office in Cibinong Saturday, demanding the regent permanently close all entertainment spots in their area.

Armed forces should quit politics, says observer

Armed forces should quit politics, says observer JAKARTA (JP): A civil society cannot be developed if the Armed Forces (ABRI) remains entrenched in the political system because events over the past 30 years show that its presence stifles democracy, senior political scientist Arbi Sanit said here...

Airline employees plan to set up workers' union

Airline employees plan to set up workers' union JAKARTA (JP): More than 70 local airline employees and those who already dismissed from airlines have agreed to set up a powerful union that would cover workers of all sectors of the airline industry.