Indonesian Political, Business & Finance News

Archive: 27 October 1999

52 articles found

Cilacap needs 20,000 fishermen

Cilacap needs 20,000 fishermen CILACAP, Central Java: Cilacap needs some 20,000 fishermen to meet the requirement of becoming a "fishermen city", Cilacap regent Hery Tabri Karta said on Tuesday. "Currently, the town has about 15,000 fishermen. Now with the central government's commitment to put maritime development ahead, we will need an extra 20,000," town spokesman Ansor Basuki said. Cilacap contributes an average of Rp 40 billion to national fish production every year.

Plywood company Mahakam to go public next month

Plywood company Mahakam to go public next month JAKARTA (JP): PT Tirta Mahakam Plywood Industry (TMP) will launch an initial public offer (IPO) next month to raise about Rp 50 billion (US$7.3 million) to finance an expansion program. Lim Christine Hariyanto, an executive of PT Harita Kencana Securities -- one of the underwriters of the IPO -- said on Tuesday that TMP planned to sell 50 million shares, or 32 percent of its total enlarged shares during the offering period from Nov. 22 to Nov. 25.

KL teacher punished

KL teacher punished KUALA LUMPUR (AP): A high school mathematics teacher who insinuated in an examination paper that Prime Minister Mahathir Mohamad's sons had amassed wealth illegally has been transferred to a remote area as punishment, news reports said on Tuesday. The 39-year-old teacher, who was not identified, was alleged to have used the names of Mahathir's sons, Mirzan and Mokhzani, in math problems where students had to calculate a ratio of money distributed among several people.

TV today

TV today TVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Program 9:00 Music 2:00 p.m. News 2:30 Children's Program 3:00 Music 4:00 News 4:30 Indonesian Lessons 5:00 Student's Quiz 5:30 TV Drama 6:00 Sports 7:00 Evening News 7:30 Music 9:00 World News 9:35 Talk Show 10:30 TV Series: Labyrinth 11:25 Late News Program 2 4:30 p.m. Children's Program 5:00 City News 5:30 Music 6:00 TV Drama 6:30 News (in English) 7:00 Evening News 7:30 TV Drama TPI 5:30 a.m.

Law enforcement

Law enforcement Indonesian people are still in a festive mood because at last they have gotten rid of a government they neither liked, trusted nor supported. I think one of the most important things which makes the Indonesian people happy and acceptive the present duo of Abdurrahman Wahid and Megawati Soekarnoputri is the fact that they have replaced a noncredible government, but our new duo should be careful and realize that the political honeymoon cannot last long.

Pilots warned of storms in Aceh

Pilots warned of storms in Aceh BANDA ACEH: All flights heading to Aceh, particularly those from Malaysia, have been alerted about possible tropical storms in the area, Antara reported on Tuesday. The news agency quoted data from meteorologists in Aceh as saying that the storms could have winds up to 40 kilometers per hour starting from the southern part of China and heading toward the eastern coast of Malaysia and northern Aceh within the next three days. (bsr)

Gus Dur forms 'compromise' Cabinet

Gus Dur forms 'compromise' Cabinet JAKARTA (JP): President Abdurrahman Wahid unveiled his 35- member Cabinet on Tuesday, reflecting what he described as a compromise among the country's major political forces, including the powerful Indonesian Military (TNI). Compromise means retaining four ministers from the administration of former president B.J. Habibie, as well as tapping new and popular political figures.

Thai Pokphand's RI units finish debt restructuring

Thai Pokphand's RI units finish debt restructuring SINGAPORE (Dow Jones): The Indonesian businesses of Thailand's Charoen Pokphand Group have completed the restructuring of their sizable debts, with the biggest unit PT Charoen Pokphand Indonesia (H.CPH) reaching agreement with its bankers Tuesday on rescheduling $190 million in loans.

A celebration of steak at Stix at The Park Lane

A celebration of steak at Stix at The Park Lane JAKARTA (JP): Longtime readers of this column will be aware that Epicurus is not a great one for the red stuff. Not talking about a fine beaujolais or the best bouquets of France, Australia or Chile, but hearty chunks of beef, the ultimate red meat. Even when the spirit is willing, Epicurus' usual choice of flesh is chicken, baked, broiled, roasted or whatever.

Rahardi says he will return to researching

Rahardi says he will return to researching JAKARTA (JP): Former minister for trade and industry Rahardi Ramelan said on Tuesday that he would return to his old "habitat" as a researcher. Speaking at a farewell lunch with local journalists, Rahardi said that he might begin by becoming a visiting scholar at the Massachusets Institute of Technology (MIT). "MIT's offer was proposed just the day before former president B.J. Habibie withdrew his presidential bid.

Man killed in bee attack

Man killed in bee attack BANYUMAS, Central Java: Sixty-year-old Samidi of Banjarsari Kulo village in Banyumas regency died from multiple beestings on Sunday. Two other locals suffered severe injuries from the incident and are being treated at Margono Sukarjo Hospital in Purwokerto. The incident took place when Samidi went to a nearby forest to collect firewood. "A wild bee was buzzing around him and Samidi became annoyed and killed it.

Where to go in Bandung:

Where to go in Bandung: Exhibitions * Cartoon Exhibition: Kartun untuk Demokrasi, at Taman Budaya Gallery (Dago Tea House), 10 a.m. to 5 p.m., until Oct. 29. * Installation Exhibition by Iwan Wijono, at CCF - French Cultural Center, Jl. Purnawarman 32, until Nov. 10. * Painting Exhibition by Dadang Mochamad Achjar, at Galeri Bandung, Jl. Siliwangi 16 (Phone: 236515), 9 a.m. to 5 p.m., Nov. 5-20.

Fast freight service studied

Fast freight service studied SINGAPORE (DPA): An Australian fast craft builder is exploring the feasibility of a daily fast freight catamaran service between Singapore and Jakarta, it was reported on Tuesday. Austal Ships marketing manager Chris Pemberton said two regional shipping lines have been approached about an alliance so far and he is pleased with the responses.

Anwar lawyers threaten to ask for PM arrest

Anwar lawyers threaten to ask for PM arrest KUALA LUMPUR (Agencies): The defense in Anwar Ibrahim's sodomy case threatened on Tuesday to ask authorities to arrest Malaysian Prime Minister Mahathir Mohamad if he fails to testify at the trial of his former deputy. Defense counsel Gobind Singh Deo told the capital's High Court a subpoena ordering Mahathir to testify in court on Thursday had not been served even though the prime minister had said he would be willing to testify in the landmark trial.

Local stock market gives cool response to new Cabinet lineup

Local stock market gives cool response to new Cabinet lineup JAKARTA (JP): Financial markets gave a cool response to the announcement of the new cabinet lineup on Tuesday, with stock prices losing ground and the rupiah ending the day almost unchanged in featureless trading. Securities analysts said that stock prices, which rose in the morning session, lost strength later in the afternoon following the announcement of President Abdurrahman Wahid's new cabinet.

Compromise key in lineup

Compromise key in lineup JAKARTA (JP): Compromise means six generals -- retired or otherwise -- 11 politicians, eight scholars, some of them affiliated to political parties, three activists and three businessmen are grouped into one. Those are basically the professional backgrounds of some of the new Cabinet announced by President Abdurrahman Wahid, who said the lineup was the result of negotiations and bargaining involving the country's major political forces.

Ex-mayor 'took initiative' to use state funds

Ex-mayor 'took initiative' to use state funds JAKARTA (JP): Former West Jakarta mayor Sutardjianto admitted on Tuesday to illegally obtaining state funds totaling Rp 2.6 billion (US$388,000 at the current rate) during his five year tenure from 1993 to 1997. At a hearing in the trial of his alleged role in a land scam, the defendant said he committed the crime in order to cover a shortfall of funds faced by his administration.

Two killed in Surabaya accident

Two killed in Surabaya accident SURABAYA: A four-year-old girl and an 11-year-old boy died instantly when a speeding truck hit a group of five pedestrians who were crossing Jl. Demak here on Tuesday. The three others suffered serious injuries and were taken to Dr. Sutomo General Hospital. The relationship of the five victims remains unknown, but Antara new agency reported all of the victims lived at the same address on Jl. Salatiga in Surabaya.

Four killed in Sragen car crash

Four killed in Sragen car crash SRAGEN, Central Java: Four people died in a traffic accident on the main road of Bener village in Ngrampel district of Sragen regency on Monday afternoon. The incident occurred when two motorbikes carrying the four collided due to slippery road conditions. A speeding sedan struck the motorists from behind as the driver, Sudarmaji, 40, was unable to control the wheel. "The road was very slippery after the rain. The driver could not avoid the motorbikes.

Skepticism confronts economic team

Skepticism confronts economic team JAKARTA (JP): Analysts expressed their concern on Tuesday on the economic team in the new Cabinet, saying that some were appointed more out of political consideration rather than capability. Economists expressed reservation, particularly on newly appointed Minister of Finance Bambang Sudibyo and Minister of Trade and Industry Yusuf Kalla. "It's not convenient ...

Malaysia palm oil on a rebound

Malaysia palm oil on a rebound KUALA LUMPUR (Reuters): Malaysian palm oil futures closed higher on Tuesday in a technical rebound after recent declines. Traders said the market's ability to hold above some chart support levels prompted short covering. "The market was a bit oversold and there was a lack of sellers. This triggered technical buying around the 1,160 ringgit level followed by trade buying at 1,180," a trader said.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 26, 1999: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 475 0 47,000 AHAP Insurance 550 0 0 Alakasa Industrindo 300 0 0 Alter Abadi 325 0 106,500 Alumindo Light Metal 1,200 0 0 Aneka Kimia Raya 425 0 0 Aneka Tambang (Persero) 1,500 0 4,934,500 Anwar Sierad 275 25 70,000 APAC Centertex Corp.

Juwono is ideal man for the job

Juwono is ideal man for the job For the first time the post of Minister of Defense and Security goes to a civilian, former deputy governor of the National Resilience Institute Juwono Sudarsono, and the Indonesian Military is no longer in the hands of an army officer. Political researcher Mahrus Irsyam of the University of Indonesia talks to The Jakarta Post on these changes. Question: The Indonesian Military (TNI) Commander is now Admiral Widodo.

New air carriers to begin services next year

New air carriers to begin services next year JAKARTA (JP): Three new regular air carriers will begin commercial services next year to support the country's air transportation, especially in eastern provinces, an official at the Ministry of Communications has said. Directorate general of air transportation Sunaryo told journalists on Tuesday the three airlines were Pelita Air Service, Indonesian Airlines Avia Patria and Mentari Airlines.

Alwi knows his way around the Mideast

Alwi knows his way around the Mideast JAKARTA (JP): The ease with which Alwi Shihab talks about the Middle East and Israel not only reveals his distinguished academic background, but also a likely bias when he takes charge of the country's foreign policy. Alwi, 53, a college professor by background, was appointed the chief diplomat in the new Cabinet announced on Tuesday by President Abdurrahman Wahid.

President issues permit to detain Setya Novanto

President issues permit to detain Setya Novanto JAKARTA (JP): President Abdurrahman Wahid issued a permit on Tuesday for the detention of House of Representatives legislator and businessman Setya Novanto in connection with the Bank Bali scandal, the National Police chief of detectives said. Maj. Gen. Da'i Bachtiar said on Tuesday the Jakarta Prosecutor's Office indicated the dossier on Novanto was complete. "Novanto and (businessman) Djoko S.

Gunmen attack RP minister's home

Gunmen attack RP minister's home MANILA (AFP): A controversial Philippine minister escaped unhurt after gunmen on two vehicles strafed his home in a northern Manila suburb early on Tuesday, in what could be a politically motivated attack. Manila police director Chief Superintendent Edgardo Aglipay said he has ordered additional security for Interior Secretary Ronaldo Puno, who has earlier complained of having received threats in the past few months.

RP executes convicted killer

RP executes convicted killer MANILA (AFP): The Philippines executed convicted rapist-killer Pablito Andan by lethal injection on Tuesday after President Joseph Estrada rejected last-minute appeals for a reprieve. Andan, wearing an orange prison uniform, was declared dead by prison doctors at 3:07 p.m. (2:07 p.m. Jakarta time). The 24-year-old welder was convicted of raping student nurse Marianne Guevarra, 20, in 1994. He killed the victim by bashing her head with a cinder block after the rape.

New ministers look ahead

New ministers look ahead Minister of Defense Juwono Soedarsono: In 1995 I wrote an article about the dawn of the era of a civil society, and suggested that civilians should hold key government positions then held by members of the military. Change must come gradually. I hope to put more civilians in the top echelons of the ministry. I see myself as a transitional minister. I will handle policy, management and draw up the ministry's vision. The military people will take care of technical matters.

Irian Jaya asks for new ships

Irian Jaya asks for new ships MERAUKE, Irian Jaya: Merauke legislators are urging the transportation ministry to send new ships to Merauke and withdraw a number of vessels which are no longer seaworthy. AB Ohoiwutun of the Merauke legislative council said here on Monday the local assembly would soon write to the director general of sea transportation in Jakarta to respond to the sinking of the MV Bimas Raya II in the waters off Habe last Monday.

Merpati adds domestic flights

Merpati adds domestic flights JAKARTA (JP): State-owned air carrier Merpati Nusantara Airways announced on Tuesday it would operate flight services from Java and Kalimantan, Kalimantan and Sulawesi and within Kalimantan itself. Merpati general manager for corporate affairs Imam Turidy said the routes would be opened to meet market demand and that operations would begin on Nov. 1.

Where to go in Surabaya:

Where to go in Surabaya: Music and Entertainment * Hyatt Regency Surabaya, Jl. Jend. Basuki Rakhmat 106-128 (Phone: 031 5311234): - The Tavern Pub: The Colour Beat Band, daily, until Oct. 31. - Lobby: Gamelan (Traditional Music), Monday to Thursday, 7 p.m. to 10 p.m., Solo Pianist, Monday to Sunday, 7 a.m. to 9 a.m., Friday to Saturday, 7 p.m. to 9 p.m. - Garden: Gamelan (Traditional Music), Friday, Saturday, 7 p.m. to 10 p.m. * Shangri-La Hotel, Jl. May. Jend.

World Bank sets 2-stage mission for East Timor

World Bank sets 2-stage mission for East Timor DARWIN, Australia (Reuters): A World Bank mission to East Timor will include an emergency relief phase followed by long- term reconstruction, the bank's regional representative said on Tuesday. "Everything is to be done. East Timor is to be rebuilt from scratch," said Graham Barrett, the World Bank's representative for Australia and New Zealand.

Myanmar students fight in Thai camp

Myanmar students fight in Thai camp BANGKOK (AP): The end of Buddhist Lent was marred by a brawl between more than 100 rival Myanmar student and ethnic minority exiles at a camp in Thailand, seriously injuring one refugee, officials said on Tuesday. The Sunday night fight near the Maneeloy holding center close to the tense Myanmar border comes as Thailand plans to clamp down on exiled students after militants believed to have stayed at the camp stormed the Myanmar embassy in Bangkok.

11.1m poor live in Central Java

11.1m poor live in Central Java SEMARANG: Central Java Governor Mardiyanto said on Tuesday about 11.1 million or 36.7 percent of the province's total population are living below the poverty line. "Some 318,000 are jobless and about 6.18 million others are considered underemployed (as they work less than 35 hours per week)," Mardiyanto said while addressing a seminar on economy and population here in Semarang.

Millennium-Venetian Lifestyle Novotel Benoa Bali

Millennium-Venetian Lifestyle Novotel Benoa Bali Discover the Venetian Lifestyle, with its splendid and colorful masks and costumes, its prodigious feasts and phenomenal entertainment, at the Novotel Benoa Bali. There are festivities organized for the night of "a once in a lifetime event" and a ball for the new millennium. Novotel Benoa Bali has prepared 400 different styles of masks for adults and 30 different styles for children.

Susie and Alan to have farewell match

Susie and Alan to have farewell match JAKARTA (JP): The 1992 Olympic gold medalists Susie Susanti and Alan Budikusuma will play on Sunday a farewell match at the Senayan Tennis Indoor Stadium. Susie said on Tuesday that she decided to say goodbye to badminton, which has brought her fame and welfare, due to her the responsibilities of her new baby which was born in April.

Sinambela committed to sports development

Sinambela committed to sports development JAKARTA (JP): Newly appointed State Minister of Youth Affairs and Sports Mahadi Sinambela said on Tuesday he would be committed to sports development in his new post for the term of 1999 to 2004. Sinambela, who recently learned of his appointment on Tuesday morning from Golkar Party chairman Akbar Tandjung, was a close assistant to Akbar, the former state minister of youth affairs and sports in the 1980s.

National Police undergo major reshuffle in detectives corps

National Police undergo major reshuffle in detectives corps JAKARTA (JP): National Police chief Gen. Roesmanhadi installed on Tuesday four brigadier generals as new directors of the National Police Detective directorates of general crime, corruption, narcotics and special crime. The reshuffle in the police detectives corps, part of a major reshuffle for middle-ranking officers at National Police Headquarters, effectively demoted the four colonels who previously held the posts.

Kwik Kian Gie prioritizes IMF relations

Kwik Kian Gie prioritizes IMF relations JAKARTA (JP): Newly appointed Coordinating Minister for Economy, Finance and Industry Kwik Kian Gie said on Tuesday that mending relations with the International Monetary Fund and other international donors would be his top priority to help the country overcome the economic crisis.

Great expectations

Great expectations It is practically impossible to satisfy everyone in politics and compromise is always the political order of the day. Thus, it is perhaps only fair to refrain from being overly critical of a new government built on compromise and with practically no experience in governing. Our ravaged country today is like a wretched soul tossed around in a rough sea.

Raising revenue without tax hikes

Raising revenue without tax hikes By J. S. Uppal and Sukanto Reksohadrodjo YOGYAKARTA (JP): Now that the nation has completed the momentous task of democratically electing the national assemblies, the President and vice president, it has to face the stark reality of the massive social and economic problems facing the country.

Bagito Group show

Bagito Group show I don't understand why in this reform era Nadhlatul Ulama (NU) members were so upset with the performance of the noted Bagito comedy group after they mimicked President Abdurrahman "Gus Dur" Wahid on the Gebyar BCA program broadcast on the evening of Oct. 23 by Indosiar. They seemed to forget that Gus Dur himself is a humorist, a democrat and an easygoing person.

Angry boyfriend hurts father

Angry boyfriend hurts father JAKARTA (JP): A young man tried to kill the father of his 14- year-old girl friend on Tuesday after he was told to end their love affair, the girl's mother said. Sriyono, 37, a resident of Tanah Abang, Central Jakarta was rushed to hospital after his right hand and the left part of his back were severely injured by a machete.

Lineup of the new Cabinet

Lineup of the new Cabinet JAKARTA (JP): The following is the lineup of the 35-member Cabinet announced on Wednesday by President Abdurrahman Wahid at the Presidential Palace: 1. Coordinating Minister for Political Affairs and Security: Gen. Wiranto. 2. Minister of Home Affairs: Lt. Gen. (ret.) Surjadi Soedirdja 3. Minister of Foreign Affairs: Alwi Shihab 4. Minister of Defense: Juwono Sudarsono 5. Minister of Law and Legislation: Yusril Ihza Mahendra 6.

A who's who of members of the National Unity Cabinet

A who's who of members of the National Unity Cabinet JAKARTA (JP): The so-called National Unity Cabinet, announced on Tuesday, lives up to its name as it groups people from different sociocultural backgrounds, professions and political affiliations. Some of the new ministers are "nobodies" to the media, compared to their colleagues who often appear on television or in print.

Eating disorders affect children of all ages

Eating disorders affect children of all ages JAKARTA (JP): Eating seems like a routine activity. But it is not as simple as it looks, especially for children. For children, eating is a complicated matter which involves various physical and environmental factors, such as the influence of their family and especially their mothers, according to pediatrician Damayanti R. Sjarif of Cipto Mangunkusumo General Hospital.

Well done, Indonesia

Well done, Indonesia What a turbulent period Indonesia had to undergo in the last two and a half years! And what a sigh of relief now! The succession of events in the recent past proves that there is indeed a divine force that guides us all. At long last, a new era has dawned in Indonesia. It's a time to celebrate and also to pray. Hearty congratulations to one and all.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Oct. 26, 1999: Bank notes rates Buying Selling Rp Rp U.S.

18 infants die of malnutrition

18 infants die of malnutrition TEGAL, Central Java: At least 18 children under five years of age have died of malnutrition in the past five months, Tegal administration spokesman Bambang Setiono said on Tuesday. The fatalities came from two severely undernourished districts, namely Jatinegara and Surodadi. "The children who died received late treatment. They belonged to poor families who could not afford proper nutrition," Bambang said.

Sutiyoso to host thanksgiving

Sutiyoso to host thanksgiving JAKARTA (JP): Jakarta Governor Sutiyoso said on Tuesday he would host a mass gathering to celebrate the successful General Session of the People's Consultative Assembly. "The gathering, called a selamatan (thanksgiving), will be held on Wednesday as Gus Dur suggested," the governor said. President Abdurrahman Wahid is popularly known as Gus Dur. The governor said the gathering would be held at the National Monument in Central Jakarta beginning at 5:30 p.m.

RI officially asks UN to take over E. Timor

RI officially asks UN to take over E. Timor JAKARTA (JP): President Abdurrahman Wahid said on Tuesday that he had officially asked the United Nations to immediately take charge of East Timor in order to help establish an independent East Timor nation.