Indonesian Political, Business & Finance News

Archive: 13 January 1999

46 articles found

Boarding schools to help street kids

Boarding schools to help street kids JAKARTA: The Ministry of Social Services is to cooperate with 45 pesantren (Islamic boarding schools) in all 27 provinces to help care for and educate 45,000 street children across the country, Antara reported on Tuesday.Minister of Social Services Justika S.

'Ojek' drivers flock to police station 'to teach suspect a lesson'

'Ojek' drivers flock to police station 'to teach suspect a lesson' JAKARTA (JP): A crowd of ojek (motorcycle taxi) drivers gathered outside the East Jakarta Police headquarters on Jl. Matraman Raya in the early hours of Tuesday to demand that officers hand over a suspected motorbike thief in...

Try warbling a tune to bring on sleep

Try warbling a tune to bring on sleepBy A. Jo Seng Bie BANDUNG (Antara): Before going to bed Jos Usin sings, sometimes whistles, and makes continuous small movements with both his hands."The recipe comes from God," said Jos Usin, 84, who fought insomnia for one year.

Riot refugees to go back to Kupang

Riot refugees to go back to Kupang UJUNGPANDANG: South Sulawesi Governor HZB Palaguna said his office will help migrants from the area return to Kupang, East Nusatenggara, where they earn a living.Up to 2,000 migrants fled Kupang for South Sulawesi following riots last Nov.

A Rp 300t question

A Rp 300t question While it is clear that the cost of restructuring the banking sector will exceed Rp 300 trillion, most of us are still in the dark as to how the government intends to finance this massive bail out program.

State of Louisiana

State of Louisiana Referring to my article "Focusing on English teaching in RI" published in The Jakarta Post on Jan. 9, 1999, I would like to highlight that the Cajun people are not from a Swiss town of Louisiana but are from the state of Louisiana in the United States.

Experts want immediate reform of the judiciary

Experts want immediate reform of the judiciary JAKARTA (JP): Legal experts called for immediate reform in the country's judiciary Tuesday, saying that it must include the revocation of several laws considered conflicting with judges' independence.

TV today

TV todayTVRI 5:30 a.m. Religious Teachings: Hikmah Pagi 6:00 Morning News 7:00 Children's Program: Lagu Anak Nusantara 8:00 Music: Dendang Pagi 9:00 Music: Hiburan Keluarga 10:00 Interval 2:00 p.m. News: Berita 14 2:35 Student's Quiz: Cepat Tepat 3:05 TV Series: Daktari 4:00 Regional News 4:30 TV...

Acehnese are Indonesians, too

Acehnese are Indonesians, too My fears have been sadly borne out over these long years. Nowhere in Indonesia is more violence sustained on a daily basis than in Aceh because of military and separatist operations since 1989.

Sutiyoso wants 24-hour security for the capital

Sutiyoso wants 24-hour security for the capital JAKARTA (JP): Distressed over the seeming lack of security and law enforcement in the capital, Governor Sutiyoso said he had to send an official letter to President B.J.

Robbery foiled in Plaza Indonesia

Robbery foiled in Plaza Indonesia JAKARTA (JP): A foreigner who allegedly attempted to rob a bank at the Plaza Indonesia shopping center in Central Jakarta on Tuesday afternoon was arrested after causing panic among employees, shoppers and security guards.

Central Bank anounces new banking regulations

Central Bank anounces new banking regulations JAKARTA (JP): Bank Indonesia (BI) on Tuesday announced several new banking laws, designed to limit foreign exchange and lending risks, and to improve transparency.

Kujang plans a new plant

Kujang plans a new plant JAKARTA (JP): State-owned fertilizer producer PT Pupuk Kujang has began construction of a new plant adjacent to its existing facility in Cikampek, West Java, in order to make up for a supply shortage in the province, Antara reported on Tuesday.

Ramadhan English course a rigorous language lesson

Ramadhan English course a rigorous language lessonBy Agus Maryono PURWOKERTO, Central Java (JP): It was 4 o'clock in the afternoon. In a room measuring six by nine meters some 50 students of a pondok pesantren (traditional Muslim boarding school) in Purwokerto were reading the Koran.

Students must push for fair polls: Experts

Students must push for fair polls: Experts JAKARTA (JP): A political researcher and activists preparing to monitor June's general election said on Tuesday that student demonstrators should continue to campaign for a free and fair poll because it was a prerequisite for a legitimate government.J.

Indovision vows to satisfy customers

Indovision vows to satisfy customers JAKARTA (JP): PT Matahari Lintas Cakrawala (Malicak), the management of Indovision, have pledged to soon appease its disappointed customers over its poor service following the loss of the screening of Star TV, its executives said.

Witnesses refuse to testify in Kopassus trial

Witnesses refuse to testify in Kopassus trial JAKARTA (JP): Two witnesses refused on Tuesday to testify in the trial of eleven Special Forces (Kopassus) soldiers charged with abducting political activists in the last months of the Soeharto regime.The two, Aan Rusdianto, 24, and Desmon J.

Akbar must choose

Akbar must choose The upheavals which have wracked the ruling Golkar since Akbar Tandjung was elected to chair the grouping in an extraordinary congress last July are far from over. Akbar will need all the skill he can muster to keep Golkar afloat on our nation's political waters.

39,800 ha of plantation areas looted last year

39,800 ha of plantation areas looted last year JAKARTA (JP): At least 39,800 hectares of plantations were looted during 1998, causing an estimated material loss of around Rp 196 billion (about US$26 million), a senior official of the Ministry of Forestry and Plantations has said.

Oil, gas draft law completed

Oil, gas draft law completed JAKARTA (JP): The Ministry of Mines and Energy has finished drafting the new oil and gas law, which is to be handed over to the House of Representatives for deliberation.Spokesman for the Ministry of Mines and Energy Budhi Sulistyo said on Tuesday the ministry expects...

Offer of coalition

Offer of coalitionFrom MerdekaIn the context of the development of the political bills being deliberated at the House of Representatives (DPR)/People's Consultative Assembly (MPR), the capability and creativity of political parties are being tested by demands for an alternative vision.

Heavy rains flood Banjar

Heavy rains flood Banjar BANJARMASIN, South Kalimantan: One person was killed when thousands of homes were flooded following heavy rains in Banjar regency here, which also led to the collapse of a bridge.A staff member at the natural disaster coordination post here, H.A.

RP trims key interest rates

RP trims key interest rates MANILA (AFP): The Central Bank of the Philippines said Tuesday it had lowered key short-term rates by 0.375 percentage points.The overnight borrowing rate was reduced from 13.375 percent to 13 percent while the overnight lending rate was cut from 15.

Bus firms, brokers hike fares by 50%

Bus firms, brokers hike fares by 50% TANGERANG (JP): At least 20 bus companies at the Cimone bus terminal here have raised ticket prices ahead of the Idul Fitri celebration by up to 50 percent, far above the official allowable raise of only 35 percent.

PT Bukit Asam to raise coal output

PT Bukit Asam to raise coal output JAKARTA (JP): The state-owned coal mining company PT Tambang Batubara Bukit Asam has said it plans to raise its coal output to 12.1 million tons this year from 10.1 million tons last year.Company president R.A.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 12, 1999: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 450 0 0 AHAP Insurance 400 0 0 Alter Abadi 300 0 315,500 Alumindo Light Metal 325 0 0 Alumindo Perkasa 125 0...

On waste import

On waste import We refer to your article Emil blasts Singaporean waste import on Jan. 7, 1999.Singapore is a party to the Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and their Disposal.

Hardship, tensions create a powder keg

Hardship, tensions create a powder kegBy Asip Agus Hasani YOGYAKARTA (JP): Political tension and economic hardships are combining to create a powder keg of social disorder, unrest and soaring crimes, according to noted sociologist Loekman Soetrisno.

Exploring the true nature of colors

Exploring the true nature of colors JAKARTA (JP): A visual sensation depends on the effects of light and color, which happens due to the light's special features. Light creates projecting energy. The human eye distinguishes different wavelengths from projected energy which are later interpreted by...

Bank recapitalization plan questioned

Bank recapitalization plan questioned JAKARTA (JP): The House of Representatives urged the government on Tuesday to scale back the massive allotment in the state budget for the bank recapitalization program, and determine the institutions worthy of the assistance.

RI gets $500m from ADB

RI gets $500m from ADB MANILA (AP): The Asian Development Bank approved Tuesday the release of an additional US$500 million to help Indonesia implement financial reforms and recover from the region's currency crisis.The money is part of a $1.

Taekwondo prepared for SEAG

Taekwondo prepared for SEAG JAKARTA (JP): The Indonesian Taekwondo Association has called up 40 young athletes to participate in a training program for the 20th Southeast Asian (SEA) Games.The association's secretary-general, Ahmad Zarkasih Hamid, said on Tuesday that the training program began on...

Tourism body offers islands for gambling

Tourism body offers islands for gambling JAKARTA (JP): The Thousand Islands Marine Tourism Association has offered two islands as possible sites for localized gambling activities, the association's chief said on Tuesday.

Seven local firms renegotiate with foreign creditors

Seven local firms renegotiate with foreign creditors JAKARTA (JP): Seven debt-ridden local companies are currently negotiating with their foreign creditors to restructure their loans amounting to a combined total of US$11 billion, according to Yusuf Anwar, task force chairman of the Jakarta...

Working group established to prevent student brawls

Working group established to prevent student brawls JAKARTA (JP): A number of sociologists, psychologists and experts from related disciplines have set up a working group to help solve the escalating numbers of student brawls and other juvenile delinquency in the capital, an official said.

Hartford Life buys Kumho

Hartford Life buys Kumho SEOUL (AFP): U.S. financial giant Hartford Life International Ltd. agreed Tuesday to buy a 60 percent stake in Kumho Life Insurance Co. for US$100 million, the Korean company said.

Antifraud drive nets only Rp 2.29b

Antifraud drive nets only Rp 2.29b JAKARTA (JP): The city administration has recovered a mere Rp 2.29 billion out of an estimated Rp 7.78 billion (US$972,500) embezzled by corrupt city officials since 1982, an official said on Tuesday.

Australia shifts stance on Timor

Australia shifts stance on Timor ADELAIDE (Agencies): Australia unveiled a major policy shift over East Timor on Tuesday and said it could see the restive province eventually winning independence from Indonesia, Reuters reported.

Mistrust blamed for deadlocked bills

Mistrust blamed for deadlocked bills JAKARTA (JP): "Deep mistrust" among factions and government representatives has been blamed for the House of Representatives' failure on Tuesday to notch up any progress in its deliberation of the political role of the country's 4.1 million public servants.

Cheap market in Tangerang

Cheap market in Tangerang TANGERANG (JP): The economics section of the Tangerang mayoralty is organizing a market selling cheap foodstuffs on Tuesday and Wednesday to enable the needy to celebrate the Idul Fitri holidays.E.

Rupiah, stocks ended flat on Tuesday

Rupiah, stocks ended flat on Tuesday JAKARTA (JP): The rupiah remained unchanged on Tuesday, closing at 8,050 against the U.S. dollar in thin trading as a lack of fresh incentives kept most players out of the local market, currency dealers said.

Mob kills man for ojek murder

Mob kills man for ojek murder JAKARTA (JP): A mob beat a man to death after he allegedly killed an ojek (motorcycle taxi) driver to confiscate his motorcycle in Kebayoran Lama, South Jakarta, early on Tuesday morning.The ojek driver, identified as Yahya, 32, was a resident of Jl.

Five more troops arrested for murder in Aceh

Five more troops arrested for murder in Aceh JAKARTA (JP): Five more soldiers have been arrested in connection with Saturday's brutal murder of four alleged separatist rebels who were in military custody in Aceh, a local military commander said on Tuesday.

Tearful protagonist?

Tearful protagonist? Media Indonesia of Dec. 30, 1998, reported that Gus Dur held an open house for University of Indonesia students. There were three points of interest.1. The students hailed Gus Dur as the Nation's Protagonist.2. Gus Dur showed great concern for the little people's fate.3.

Ramadhan time for Jakarta

Ramadhan time for JakartaWednesdayMaghrib 6:17 p.m.ThursdayImsak 4:16 a.m.Subuh 4.26 a.m.

Railway firm steps up patrols

Railway firm steps up patrols CIREBON, West Java: In anticipation of the Idul Fitri exodus officials at the Cirebon branch of the state-run railway company Perumka are stepping up the frequency of their patrol rounds, from twice to four times a day.