Indonesian Political, Business & Finance News

Archive: 26 October 1999

53 articles found

Govt to free 80 political prisoners

Govt to free 80 political prisoners JAKARTA (JP): Newly elected President Abdurrahman Wahid, in his first move to promote national reconciliation, is considering the release of 80 political prisoners, including chairman of the Democratic People's Party (PRD) Budiman Sudjatmiko.

Fresh unrest in Maluku

Fresh unrest in Maluku AMBON, Maluku: Four people were injured and several houses damaged when fresh unrest broke out in the West Seram district of Central Maluku on Monday.The victims were wounded during an exchange of stones by the disputing parties.

Servant empties foreigner's house

Servant empties foreigner's house BOGOR (JP): Bogor City Police detectives have apprehended a 17-year-old servant who is believed to have stolen electronic goods from the house of his employer in North Bogor.Deputy chief Maj.

RI to get windfall profit from oil exports

RI to get windfall profit from oil exports JAKARTA (JP): Indonesia expects to windfall profit from oil and gas exports this fiscal year due to a sharp increase in oil prices.Pertamina president Martiono Hadianto said on Monday that receipts from oil and gas exports could reach Rp 44 trillion (about...

Revival in tourism looms after election outcome

Revival in tourism looms after election outcome JAKARTA (JP): The election of President Abdurrahman Wahid and Vice President Megawati Soekarnoputri has brought new hope for a revival of the country's ailing tourism, executives of tourism related businesses said on Monday.

President asked to state govt human rights agenda

President asked to state govt human rights agenda JAKARTA (JP): The Commission for Missing Persons and Victims of Violence (Kontras) has called on newly elected President Abdurrahman Wahid to explain his government's human rights agenda.

Governor told to stop rampant gambling or quit

Governor told to stop rampant gambling or quit JAKARTA (JP): Four party factions at the City Council urged Governor Sutiyoso on Monday to immediately stop the proliferation of toto gelap (togel) gambling in the city and halt rampant drug abuse -- or give up his job.

'Jamu' workers protest in Semarang

'Jamu' workers protest in Semarang SEMARANG: About 200 employees of traditional herbal medicine company Jamu Sido Muncul staged a protest here on Monday to demand fair treatment."We stage a peaceful protest here. We just want to be treated fairly ...

To the President

To the President We, the Indonesian Alliance of Women and National Partnership, would like to congratulate Abdurrahman Wahid, also known as Gus Dur, for his election as president and Megawati for her election as vice president.

TNI's role in RI power struggles

TNI's role in RI power strugglesBy Riza Sihbudi JAKARTA (JP): After the fall of president Sukarno in 1966, Indonesia's political life was dominated by the military under the dwifungsi (dual function) doctrine.

Death of mangrove forests imperials Mentawai Islands

Death of mangrove forests imperials Mentawai IslandsBy I Made Tinggal Karyawan MENTAWAI, West Sumatra (Antara): About 32,000 hectares of mangrove forests on Mentawai island, located around 90 kms to the east of West Sumatra's capital Padang, is severely damaged, posing serious threats to sea biota...

No ties with Israel, Gus Dur tells Arab envoys

No ties with Israel, Gus Dur tells Arab envoys JAKARTA (JP): President Abdurrahman Wahid assured Arab nations on Monday that Indonesia would not open diplomatic ties with Israel until Palestinians gained independence in their homeland.Palestine Ambassador Ribhi Y.

Lufthansa adds RI flight

Lufthansa adds RI flight JAKARTA (JP): German-based Lufthansa said on Monday it would add an extra weekly flight to its Jakarta and Frankfurt route as part of its winter timetable commencing Oct. 31, 1999, until March 25, 2000.Lufthansa general manager for Indonesia Carlos M.

Security guard killed on duty

Security guard killed on duty JAKARTA (JP): A middle-aged security officer was killed on Saturday night during a fight near a public telephone booth at the Cililitan bus terminal in East Jakarta, a police official said on Monday.

Asian currencies fail to build on early strength

Asian currencies fail to build on early strength HONG KONG (Dow Jones): After strengthening moderately in early dealing, Asian currencies tracked sideways for the remainder of local hours Monday.Dealers described trading activity as unusually quiet.

Sutiyoso denies renewing permits for gas stations

Sutiyoso denies renewing permits for gas stations JAKARTA (JP): The city administration is promising to put a stop to the issuance of permits for the operation of gas stations located in the greenbelt, Governor Sutiyoso said on Monday."We won't extend the permits anymore. Let the permits end.

House to decide on PwC report

House to decide on PwC report JAKARTA (JP): The House of Representatives (DPR) appointed its legal and banking commissions to decide whether to publish the full PricewaterhouseCoopers (PwC) report on its audit of the transactions relating to the Bank Bali scandal.

PAL readmitted to IATA

PAL readmitted to IATA MANILA (AP): Philippine Airlines said Monday it has been readmitted to the International Air Transport Association after settling its debts with the airline industry body.PAL was suspended from the IATA's clearing house in September 1998 after it failed to pay debts of US$32...

Conversion Rates

Conversion RatesBank Indonesia's conversion rates on Oct. 25, 1999: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 6,794.00 6,862.00Australian dollar 1 4,402.51 4,453.44Austrian schilling 1 527.71 533.24Belgian franc 1 180.01 181.89Brunei dollar 1 4,082.93 4,126.28Canadian dollar 1 4,597.

The 'Bagito' show insult

The 'Bagito' show insult I was deeply shocked and disappointed to watch on Oct. 23, 1999 the Bagito show, which was broadcast on Indosiar. In their performance, the Bagito members blatantly insulted President Abdurrahman Wahid (or Gus Dur) by imitating the way Gus Dur behaves in the context of his...

Museums to arrange performances, exhibitions to entice visitors

Museums to arrange performances, exhibitions to entice visitors JAKARTA (JP): City-owned museums are organizing a series of exhibitions and art performances in a bid to attract new visitors and share information about the country's history and heritage, museum executives said on Monday.

Chinese-Indonesians expect return of overseas funds

Chinese-Indonesians expect return of overseas funds JAKARTA (JP): The Chinese-Indonesian Association (INTI) has appealed to wealthy Chinese businesspeople to bring back home the billions of dollars they have deposited overseas.

President to meet Xanana

President to meet Xanana JAKARTA (JP): President Abdurrahman Wahid has planned to hold a meeting next month with East Timor independence leader Jose Alexandre "Xanana" Gusmao, possibly in Brunei or another neutral Southeast Asian country, his aide said on Monday.

Observers call on Cabinet members to disclose wealth

Observers call on Cabinet members to disclose wealth JAKARTA (JP): Observers said here on Monday members of the Cabinet which is expected to be announced on Tuesday should publicly disclose their assets before and after their appointments.

Honda Thai production to double this year

Honda Thai production to double this year TOKYO (Dow Jones): As a sign of the improving economic situation in Thailand, Honda Motor Co. expects to double its Thai production this year, an executive for the Japanese automaker said Monday.

Import duty on IT goods lowered

Import duty on IT goods lowered JAKARTA (JP): Import duty on electronic goods and information technology based office equipment has been lowered from 10 percent to 5 percent, while that for electric devices has been dropped from 5 percent to zero, Hadiyanto head of the law and public relations...

Four arrested from car theft

Four arrested from car theft JAKARTA (JP): City Police detectives have arrested four of 10 members of a car theft syndicate operating across Java and Sulawesi, following two grueling months of investigation, City Police chief of detectives said on Monday.Col.

Asia-Africa trade forum set up

Asia-Africa trade forum set up KUALA LUMPUR (AFP): Executives from Africa and Asia were arriving in the Malaysian capital Monday for the launch of a new business forum aimed at dispelling Africa's image as a continent of corruption, conflicts and crises.

Aceh policewomen to wear veils

Aceh policewomen to wear veils BANDA ACEH, Aceh: Aceh Police chief Brig. Gen. Bachrumsyah ordered local policewomen on Monday to wear veils to show the police's support for the Law on Aceh's Special Autonomy which was passed last month.

Riot costs Surakarta Rp 12b

Riot costs Surakarta Rp 12b SURAKARTA, Central Java: Financial losses from the riot here last week are estimated at a minimum of Rp 12 billion, Mayor Imam Soetopo said on Monday."The figure is an estimate of the cost of the City Hall which was burned down during the unrest.

Wiranto apologizes for bloodshed during MPR Session

Wiranto apologizes for bloodshed during MPR Session JAKARTA (JP): Minister of Defense and Security/Indonesian Military (TNI) chief Gen. Wiranto apologized on Monday for casualties caused in the course of the General Session of the People's Consultative Assembly (MPR), and the victims who have and...

Alwi hopes to mend fences with Australia

Alwi hopes to mend fences with Australia JAKARTA (JP): Muslim scholar Alwi Shihab, who is widely tipped to be named the new foreign minister on Tuesday, said on Monday that he hoped for better ties with Australia under the new government of President Abdurrahman Wahid.

Corpses found in rivers

Corpses found in rivers JAKARTA (JP): The body of a long-haired man recovered from the Kali Irigasi River, Tangerang, last Friday morning remains unidentified at the morgue at Tangerang General Hospital, a morgue official said on Monday.

Security Council authorizes East Timor administration

Security Council authorizes East Timor administration JAKARTA (JP): The Security Council gave Secretary General Kofi Annan authority on Monday to set up a UN administration with extensive powers to rebuild East Timor and run it until independence.

S. Banten prepares for agribusiness

S. Banten prepares for agribusinessBy I. Christianto The Jakarta Post, in cooperation with Banten West Java Tourism Development Corporation, is presenting weekly issues on the Banten region. This week's issue is on agriculture and education.

Mohamad 'Bob' Hasan still uncontested for PASI post

Mohamad 'Bob' Hasan still uncontested for PASI post JAKARTA (JP): The Indonesian Amateur Athletic Association (PASI) announced on Monday that its current chairman, Mohamad "Bob" Hasan, remained the sole candidate to chair the sports organization for the 1999-2003 term.

The east in turmoil

The east in turmoil The turmoil that has erupted in South Sulawesi in eastern Indonesia to demand an independent state of Sulawesi is a reaction to the outcome of the recently concluded People's Consultative Assembly (MPR) session in Jakarta.

Lawyers urge reopening of Soeharto's case

Lawyers urge reopening of Soeharto's case JAKARTA (JP): Two groups of lawyers demanded the South Jakarta District Court on Monday revoke a decree issued by the Attorney General's Office two weeks ago, which stopped of a year-long investigation into alleged corruption by former president Soeharto...

Hancock opens new office

Hancock opens new office JAKARTA (JP): American Consul General Robert A. Pollard opened the PT Bumiputera John Hancock life insurance sales and service center in Surabaya, East Java, on Monday."Surabaya is the second largest city in Indonesia and has an excellent reputation for business and...

Makassar protesters raise Sulawesi separatist flag

Makassar protesters raise Sulawesi separatist flag MAKASSAR, South Sulawesi (JP): Thousands of student protesters here forced Governor HZB Palaguna to witness on Monday the lowering of the red-and-white national flag and the hoisting of a green flag of an independent Sulawesi state during a rally...

Jury still out on impact of Asian crisis on AIDS

Jury still out on impact of Asian crisis on AIDS KUALA LUMPUR (Reuters): Asia's economic crisis has hastened the spread of AIDS in Indonesia, but Thailand's social programs have helped prevent an extension of the fatal disease in that country, a World Bank official said on Monday.

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News: Two Hours Only 8:00 Children's Songs 9:00 Music 10:30 Interval 2:00 p.m. News 2:30 TV Series: Amazing 3:00 Music 4:00 Regional News 4:30 Management Program 5:00 Documentary 5:30 TV Drama 6:00 Sports 6:30 News (in English) 7:00 Evening News 7:30...

Jakarta's poor people want peace from their new leaders

Jakarta's poor people want peace from their new leadersBy John Gittings JAKARTA: In the muddy street of a city slum next to Jakarta harbor, people have no doubt what they want from Indonesia's new president.

Educational gains being made

Educational gains being made CIKADU, Banten, West Java (JP): Cikadu Kampong, Tanjungjaya village, Panimbang regency, Banten, West Java, now has two junior high schools. Seventy junior high school students are able to study close to home.

Asian telcoms hit by 'revenue leakage'

Asian telcoms hit by 'revenue leakage' HONG KONG (Reuters): Telecommunications firms in some Asian countries lose a higher percentage of their revenue through fraud, billing errors and poor credit management than world-class operators, PricewaterhouseCoopers said.

House establishes nine commissions

House establishes nine commissions JAKARTA (JP): Division of labor in the House of Representatives (DPR) was endorsed on Monday, with its 500 members grouped into nine commissions.In its maiden plenary session presided over by Speaker Akbar Tandjung, the House made the resumption of the...

WB must set priorities in Timor says adviser

WB must set priorities in Timor says adviser DARWIN, Australia (Reuters): A World Bank team which will soon begin assessing the damage done by pro-Indonesia militias in East Timor must set clear emergency priorities, the territory's former governor said on Monday.

Hats off to Habibie!

Hats off to Habibie!From Suara KaryaWe listened to your televised statement on Oct. 20, 1999, in which you said that taking into account the situation as a whole, and for the sake of the nation and the country, you had chosen not to run for the presidency.

Rates for tax payment, valid from Oct. 25 to Oct. 31

Rates for tax payment, valid from Oct. 25 to Oct. 31 U.S. dollar 1 Rp 6,900.00Austrian schilling 1 538.89Australian dollar 1 4,440.15Belgian franc 1 183.82Canadian dollar 1 4,619.40Swiss franc 1 4,657.13Deutschemark 1 3,793.29Danish krone 1 1,002.40French franc 1 1,130.47Poundsterling 1 11,478.

Cabinet set to be named on Tuesday

Cabinet set to be named on Tuesday JAKARTA (JP): President Abdurrahman Wahid is expected to announce the lineup of his Cabinet on Tuesday, six days after his election to the nation's helm.Close aide Alwi Shihab, who is expected to be named foreign minister, confirmed to reporters that the...

Capital returns to normal as threat of protests ends

Capital returns to normal as threat of protests ends JAKARTA (JP): The hustle and bustle of everyday life returned to the city on Monday as the tension of the recently completed 21-day General Session of the People's Consultative Assembly abated.

Daewoo's creditors to get debt collateral

Daewoo's creditors to get debt collateral SEOUL (AFP): Foreign creditor banks will get US$830 million in debt collateral set aside by South Korea's crumbling Daewoo Group, receiving priority over local counterparts, officials said Monday.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 25, 1999: Shares Close Change TradingVolume -------------------------------------------------------- Ades Alfindo 475 0 0 AHAP Insurance 550 0 0 Alakasa Industrindo 300 0 0 Alter Abadi 325 -25 25,000 Alumindo...