Indonesian Political, Business & Finance News

Archive: 1 October 1999

57 articles found

Novanto to remain KONI treasurer despite scandal

Novanto to remain KONI treasurer despite scandal JAKARTA (JP): Setya Novanto will remain in his post as National Sports Council (KONI) treasurer despite being detained by police on Wednesday.KONI secretary-general Rudolf S.

Tourists warned off live volcano

Tourists warned off live volcano MANILA (AFP): Tourists were warned off the crater of Taal volcano near here on Thursday amid signs of possible eruption, a senior Philippine volcanologist said."We may have a sudden explosion and that's the reason why we're saying the main crater lake is...

ASEAN's deal to lower import taxes welcomed

ASEAN's deal to lower import taxes welcomed SINGAPORE (AP): Economic ministers from the Association of Southeast Asian Nations said Thursday they welcomed agreements to lower import taxes within the region and make it more attractive to outside investors.

Wiranto gets thumbs down for his VP nomination: Experts

Wiranto gets thumbs down for his VP nomination: ExpertsBy Novan Imam Santosa JAKARTA (JP): Observers gave a thumbs down to Golkar's nomination of Indonesian Military (TNI) Commander Gen. Wiranto as a vice presidential candidate, saying he would be more of a liability than an advantage to his...

Five killed in Timika clash

Five killed in Timika clash TIMIKA, Irian Jaya (JP): Five people were killed in a clash between native Irianese and migrants in the Irian Jaya regency of Timika, an officer said on Thursday.Sgt. Stefanus of the Timika Police told The Jakarta Post the number of casualties could rise once the police...

Where to go in Jakarta: Friday, Oct. 1, 1999

Where to go in Jakarta: Friday, Oct. 1, 1999Exhibitions * Painting, Ceramics Exhibition, at the Indonesia National Gallery Jl. Medan Merdeka Timur 14, Gambir, Central Jakarta (Phone: 3813021, 3848791), until Oct. 20. * Fine Art Exhibition by Shawnee Puti, Jl. Kemang Timur XVII no.

Petroz, Santos find RI gas

Petroz, Santos find RI gas MELBOURNE (Dow Jones): Australian oil and gas company Petroz NL. Thursday said it has discovered a new pool of natural gas in the Segat gas field in central Sumatra, Indonesia.

DCR only issues local ratings

DCR only issues local ratings With respect to the article Bhakti set to issue Rp 200b in bonds (The Jakarta Post, Sept. 28, 1999), we would like to make a correction on the rating assigned by PT Kasnic Duff & Phelps Credit Rating Indonesia.

'No firearms' for officers assigned to secure MPR

'No firearms' for officers assigned to secure MPR JAKARTA (JP): No firearms should be carried by the police and Indonesian Military (TNI) officers, safeguarding the inner and outer areas of the People's Legislative Assembly (MPR)/House of Representatives (DPR) complex in Senayan, Central Jakarta,...

Businessman robbed in Denpasar

Businessman robbed in Denpasar DENPASAR, Bali (JP): Four unidentified men robbed a businessman of more than Rp 180 million in a daylight robbery on Thursday.Local police spokesman Maj. Y. Suyatmo said Bambang Abdi, owner of Palapa Mulya car shop, had received Rp 185 million from a buyer for a...

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News: Two Hours Only 6:45 Pancasila Sanctity Day Commemoration (live) 9:00 Talk Show 9:50 General Session of MPR (live) 2:00 p.m. News 2:30 Student's Program 3:00 Music 4:00 News 4:30 Arabic Lessons 5:00 Student's Quiz 5:30 TV Drama 7:00 Evening News...

Sweep nets 13 for visa overstays

Sweep nets 13 for visa overstays JAKARTA (JP): A drug raid carried out on Thursday by the mayoralty office and city police failed to net any drugs, but led to the detainment of 13 African nationals who had overstayed their visas.

Bank Duta to transmit loans to village cooperatives

Bank Duta to transmit loans to village cooperatives JAKARTA (JP): Publicly listed Bank Duta will assist the government in channeling Rp 20 billion (around US$2.35 million) in subsidized loans to village cooperatives.

Telkomsel raises tariff

Telkomsel raises tariff JAKARTA (JP): Operator of GSM cellular service Telkomsel announced on Thursday it would raise the call usage tariff for its prepaid product, simPATI, between one percent and 33 percent.

Bantar Gebang dump to close in December

Bantar Gebang dump to close in December JAKARTA (JP): The Jakarta and Bekasi administrations agreed on Thursday to begin closing the Bantar Gebang garbage dump, long condemned as a health and environmental hazard, in December.

Merpati expects to earn Rp 900b in income this year

Merpati expects to earn Rp 900b in income this year JAKARTA (JP): State-owned airline Merpati Nusantara is expecting robust growth in operational income this year on the back of a sharp increase in the airline's load factor, a company executive said here on Thursday.

PAL cancels Taiwan flights

PAL cancels Taiwan flights MANILA (AFP): Philippine Airlines (PAL) canceled all flights to Taiwan from Friday due to a "still unresolved" aviation dispute, as Manila and Taipei both edged closer to scrapping direct air links."As of 6 p.m.

Prospects of Habibie's presidential candidacy dim

Prospects of Habibie's presidential candidacy dim JAKARTA (JP): President B.J. Habibie's hope of renomination took another set back on Thursday when his leading supporter, Akbar Tandjung, conceded that support, outside of the Golkar Party, was dimming.

Factions dispute timetable for General Session

Factions dispute timetable for General Session JAKARTA (JP): Indonesia looks certain to elect a president this month, but the exact timing of the election remains a source of contention among factions of the People's Consultative Assembly (MPR).

Aussie arrested for abusing UNAMET visa

Aussie arrested for abusing UNAMET visa TIMIKA, Irian Jaya (JP): An Australian man has been arrested by local police for illegally entering Irian Jaya using a UNAMET- visa.Police said on Thursday that Saul Francis Dalton, a 26-year- old rural development technician from New South Wales, was...

Embattled Baramuli says he has done nothing wrong

Embattled Baramuli says he has done nothing wrong JAKARTA (JP): Former Supreme Advisory Council (DPA) chairman Arnold A. Baramuli appeared confident on Thursday after being questioned as a witness in the US$70 million Bank Bali scandal.

Australia warned of further repercussions

Australia warned of further repercussions SINGAPORE (AFP): Indonesia's Trade and Industry Minister Rahardi Ramelan has accused Australia of mixing politics with trade and warned that Jakarta might expand a campaign to cut its commodity imports from Australia.

Mahathir commits contempt of court: Lim

Mahathir commits contempt of court: Lim KUALA LUMPUR (AFP): Malaysian opposition leader Lim Kit Siang called Thursday for Prime Minister Mahathir Mohamad to be investigated for contempt of court over comments on the Anwar Ibrahim trial.

Tommy's verdict set on Oct. 14

Tommy's verdict set on Oct. 14 JAKARTA (JP): The South Jakarta District Court will resume its trial of the controversial land exchange deal between wholesale firm Goro and State Logistic Agency (Bulog) in mid-October, court officials said on Wednesday.Judge R.

IMF softens its position toward Bank Bali scandal

IMF softens its position toward Bank Bali scandal WASHINGTON (Dow Jones): The International Monetary Fund has softened its stance toward Indonesia slightly in relation to its demands for a resolution to the Bank Bali scandal, Indonesia's Deputy Central Bank Governor Miranda Gultom said Wednesday.

People still accept power

People still accept power I would like to react to the letter from Amir Sidharta Megawati will never be queen (The Jakarta Post, Sept. 29, 1999), as a reaction to my letter Megawati, best choice for president (Sept. 28, 1999).

Dietary, lifestyle factors affect hypertension levels

Dietary, lifestyle factors affect hypertension levelsBy Grace Segran DENPASAR, Bali (JP): Did you know that what you eat and what you do play a major role in determining whether you get hypertension or not?Speaking at the first meeting of the Asian-Pacific Society of Hypertension in Bali recently,...

Tough job for the Assembly

Tough job for the Assembly Friday marks another milestone in the history of the 54-year- old Indonesian republic. On this day the second democratically elected People's Consultative Assembly convenes. Its members include all members of the House of Representatives.

S'pore warns against ASEAN protectionism

S'pore warns against ASEAN protectionism SINGAPORE (AFP): Singapore urged fellow Southeast Asian nations Thursday to step up economic reforms despite the easing of a severe crisis, warning that a slide into protectionism would be ineffective and costly.

Automated ticketing system

Automated ticketing system JAKARTA (JP): National flag carrier Garuda Indonesia will use an automated ticketing system for all reservations for the airline's flights starting Oct. 1.Garuda's spokesperson Pujobroto said that the automated ticketing system would help travel agents to process and...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 30, 1999: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 375 0 0 AHAP Insurance 550 25 2,500 Alakasa Industrindo 250 0 5,000 Alter Abadi 250 0 40,000 Alumindo...

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Sept. 30, 1999: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 8,344.00 8,428.00Australian dollar 1 5,447.80 5,506.86Austrian schilling 1 644.95 651.69Belgian franc 1 220.00 222.30Brunei dollar 1 4.895.85 4,948.04Canadian dollar 1 5,689.

BNI expects to sign recapitalization program

BNI expects to sign recapitalization program JAKARTA (JP): President of publicly listed Bank Negara Indonesia (BNI) Widigdo Sukarman said on Thursday the bank expected to sign its recapitalization program with the country's banking authorities sometime next week.

Panasia rebounds to beat Aspac 61-56

Panasia rebounds to beat Aspac 61-56By Ivy Susanti SURABAYA (JP): Defending champion Panasia Indosyntec edged arch rival Aspac 61-56 on the second day of the third series in the 1999 A Mild Kobatama National Basketball League on Thursday evening.

PAL not Y2K compliant

PAL not Y2K compliant MANILA (Reuters): Flag carrier Philippine Airlines, media giant ABS-CBN, and the government's Bureau of the Treasury and Bureau of Customs are not yet ready for the millennium bug, a government report said on Thursday.

Malaysian elections in 2000? Don't bet on it

Malaysian elections in 2000? Don't bet on itBy Nelson Graves KUALA LUMPUR (Reuters): Malaysian Prime Minister Mahathir Mohamad says he wants to wait until the sex trial of his former deputy Anwar Ibrahim is over before calling elections.

Mining firms suspend gold projects amid unrest

Mining firms suspend gold projects amid unrest JAKARTA (JP): Publicly listed state-owned mining companies PT Tambang Timah and PT Aneka Tambang (Antam) said on Thursday they suspended gold mining projects amid political riots that have shaken several parts of the country.

Houses donated for refugees

Houses donated for refugees YOGYAKARTA: Local residents have collected funds to build 200 knocked-down bamboo houses to be donated to East Timorese refugees, Governor Hamengkubuwono X said on Thursday."This is a contribution from the people of Yogyakarta for our brothers and sisters from East Timor...

Winds of change sweep the Assembly

Winds of change sweep the Assembly JAKARTA (JP): Hope is high that the seeds of democracy, sowed during the June general election, will bear fruit when the 700 People's Consultative Assembly (MPR) legislators begin their terms on Friday.

Timor criminals must be tried at home: Rights body

Timor criminals must be tried at home: Rights body JAKARTA (JP): The National Commission on Human Rights here on Thursday defended the government's rejection of an international tribunal on alleged rights abuses in East Timor as a soon to be established national tribunal would be sufficient.

U.S wants TNI under civilian control

U.S wants TNI under civilian control JAKARTA (JP): The United States wants to see the Indonesian Military (TNI) under the control of a civilian government, visiting U.S. Secretary of Defense William S. Cohen said on Thursday.

A political comedy of errors

A political comedy of errors What we are currently seeing on Indonesia's political stage is a play about democracy performed by political actors who have lost their sense of logic. Observe Megawati Soekarnoputri, whose party won the most votes in the June general election, yet is acting like a...

Bambang replaces Tugiyo in Asia Cup qualifier

Bambang replaces Tugiyo in Asia Cup qualifier JAKARTA (JP): The 20th Southeast Asian (SEA) Games soccer team striker, Bambang Pamungkas, will replace Tugiyo in the national team for the pre Asia Cup.Coach Nandar Iskandar said on Wednesday that Tugiyo had to resign as a result of an injury during a...

Rallies hit Jakarta ahead of MPR session

Rallies hit Jakarta ahead of MPR session JAKARTA (JP): Jakarta and several other big cities witnessed a more street protests on Thursday, ahead of the General Session of the People's Consultative Assembly (MPR).

U.S. firms win RI suit

U.S. firms win RI suit DES MOINES, Iowa (Dow Jones): Two indirect units of MidAmerican Energy Holdings Co.'s, Himpurna California Energy Ltd. and Patuha Power Ltd., received interim awards in arbitration lawsuits against the Republic of Indonesia.

INRO decides to wind up after three members quit

INRO decides to wind up after three members quit KUALA LUMPUR (Agencies): Members of the International Natural Rubber Organization (INRO), the world's last commodity agreement with economic influence, decided Thursday to wind up the body following the withdrawal of three exporting members.

No decision on planned merger of Telkom, Indosat

No decision on planned merger of Telkom, Indosat JAKARTA (JP): State Minister of the Empowerment of State Enterprises Tanri Abeng said Thursday that the government had not yet made up its mind on the proposal to merge state domestic telecommunications operator PT Telkom and state international...

Correct my books, Pramoedya urges

Correct my books, Pramoedya urges JAKARTA (JP): Indonesia's most internationally acclaimed writer has, in an unusual request to readers, invited his compatriots to inform him of any mistakes they may find in his latest books.

A second chance for EU films

A second chance for EU films JAKARTA (JP): Film lovers disheartened by last week's cancellation of the European Union Film Festival have been able to take heart from a belated chance to enjoy the quality movies.

S'pore tourist arrivals up

S'pore tourist arrivals up SINGAPORE (Dow Jones): Tourist arrivals to Singapore posted double-digit growth for the third consecutive month, rising 10.5 percent in August to 629,910 visitors from the same month last year, according to figures released by the Singapore Tourism Board Thursday.

Teater Shakespeare returns to TIM

Teater Shakespeare returns to TIM JAKARTA (JP): Teater Shakespeare, which won praise for its previous two plays, returns to the stage with Tidak Ada Jalan Keluar (No Way Out) at Taman Ismail Marzuki cultural center here from Oct. 8 and Oct. 10.

Rima Melati new cafe in town

Rima Melati new cafe in town JAKARTA (JP): Movie actress Rima Melati has joined the growing trend of artist restaurateurs by opening Colours, the new cafe in the basement of Menara Thamrin (Thamrin Tower) on Jl. MH Thamrin in Central Jakarta.

Tangerang troops deployed for MPR

Tangerang troops deployed for MPR TANGERANG (JP): Seven companies numbering about 700 personnel from Tangerang-based joint-forces security troops will be deployed to help safeguard the General Session of the People's Consultative Assembly (MPR).Tangerang Police chief Lt. Col.

The role of intercultural literacy

The role of intercultural literacyBy Mark Heyward BOGOR, West Java (JP): It is sad to see expatriates living and working in this country who are not only illiterate in Bahasa Indonesia but are also illiterate in terms of the broader competencies, understandings, attitudes and identities necessary...

WCs built for destitute residents

WCs built for destitute residents BOGOR (JP): At least 719 destitute families in Bogor lack toilets in their dwellings, Bogor health agency chief Aisjah Wan Granie said on Thursday."To help ease their problems, the administration is building 599 toilets for them, slated to be completed in...

Good analysis

Good analysis I read with keen interest the two feature articles by Dr. Thee Kian Wie titled Why the West grew rich as the rest grew poor, which appeared in The Jakarta Post edition of Sept. 21, 1999 and Sept. 22, 1999.

Israeli, ministers meeting rapped

Israeli, ministers meeting rapped KUALA LUMPUR (AFP): Malaysia's foreign minister came under fire on Thursday from the Islamic opposition party for a meeting he held with the Israeli foreign minister at the United Nations.