Indonesian Political, Business & Finance News

Archive: 28 October 1999

55 articles found

Textile producers asked to follow buyers' tastes

Textile producers asked to follow buyers' tastes JAKARTA (JP): Producers of textile related products should follow the tastes of their overseas buyers if they want to survive in the new millennium, according to a textile expert. Senior textile producer Chamroel Djafri said on Wednesday that monitoring buyers' inclinations was a must for the country's textile producers.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Oct. 27, 1999: Bank notes rates Buying Selling Rp Rp U.S.

The people get Cabinet they deserve

The people get Cabinet they deserve The lineup of the new National Unity Cabinet was announced on Tuesday. Political analyst J. Soedjati Djiwandono says the Cabinet is perhaps the best the nation has had in decades. JAKARTA (JP): In terms of its composition, and just like the election of President Abdurrahman Wahid and Vice President Megawati Soekarnoputri, the newly established Cabinet is definitely the result of compromises. Any form of compromise, in whatever field, never satisfies anyone.

Firman Gani new Brimob chief

Firman Gani new Brimob chief JAKARTA (JP): National Police chief Gen. Roesmanhadi installed Brig. Gen. Firman Gani as the new chief of the elite Mobile Brigade (Brimob) in a ceremony at the brigade's headquarters in Kelapa Dua, South Jakarta, on Wednesday morning. Firman Gani, who served as an adjutant for former president B.J. Habibie, replaces Brig. Gen. Silvanus Yulian Wenas. Wenas will soon replace Brig. Gen. Hotman Siagian as Irian Jaya Police chief.

Windows break at newly renovated history museum

Windows break at newly renovated history museum JAKARTA (JP): New damage has been discovered at the Jakarta History Museum on Jl. Taman Fatahillah in West Jakarta, two months after the building's Rp 2.2 billion (US$314,300) renovation project was completed. Three of the museum's windows, two in the front of the building and one in the rear, are broken and there has been no apparent effort to repair them.

KONI chief Wismoyo to wait and see on Novanto case

KONI chief Wismoyo to wait and see on Novanto case JAKARTA (JP): The National Sports Council (KONI) chairman Wismoyo Arismunandar said on Wednesday he would not take any action concerning KONI treasurer Setya Novanto, who is involved in the Rp 546 billion (US$80.3 million) Bank Bali scandal. "As long as there is no decision from the court saying Novanto is innocent or guilty, I won't do anything. I'm presuming he is innocent until then," he said.

Kwik upbeat rupiah will strengthen

Kwik upbeat rupiah will strengthen JAKARTA (JP): Newly appointed Coordinating Minister for Economy, Finance and Industry Kwik Kian Gie said on Wednesday that the rupiah could strengthen to Rp 6,000 against the U.S. dollar if the new government could prove its commitment to uphold the supremacy of the law. Kwik said that upholding the supremacy of the law was key to the return of foreign investors' confidence into the country.

Analysts warn of likely splinters in new Cabinet

Analysts warn of likely splinters in new Cabinet SEMARANG (JP): Political observers from across the country commended the new Cabinet lineup as a compromise which included all political and societal elements, but warned that such an arrangement was susceptible to political fractures. Political commentator Andi Malarangeng said here that the new Cabinet was fitting but vulnerable to splintering because it accommodated many political groupings.

Amien deplores devastating riots in Surakarta

Amien deplores devastating riots in Surakarta SURAKARTA, Central Java (JP): People's Consultative Assembly (MPR) Speaker Amien Rais returned on Wednesday to his hometown to see for himself the devastation from last week's riots. Officials estimate the riots caused at least Rp 15 billion of damage. "Whoever the provocateurs or the masterminds were ... whether it was a political party or a mass organization, security forces must take stern action against them," Amien said on Wednesday.

Gus Dur pledges to remain accessible

Gus Dur pledges to remain accessible JAKARTA (JP): President Abdurrahman Wahid reiterated on Wednesday a pledge that together with Vice President Megawati Soekarnoputri regular dialogs would be held with the public and that in line with the new openness palace protocol would be relaxed. Speaking at a breakfast meeting with senior editors at the State Guest House, the President said that one opportunity for such meetings would be after weekly Friday prayers were conducted.

Stock markets near full Y2K compliance

Stock markets near full Y2K compliance JAKARTA (JP): Share trading after the New Year is not likely to be disrupted by computer glitches caused by the millennium bug, a member of the Y2K team for the capital market said on Wednesday. Surdiyanto Suryodarmodjo, also the president of the Indonesian stocks clearing and guarantee agency, said all capital market- supporting agencies had taken appropriate measures to confront the millennium bug.

Fiscal tax

Fiscal tax According to new tax regulations, fiscal tax for children under 12 years is not to be paid, with effect from Sept. 22, 1999. My son (aged one and half years) left Surabaya International Airport on Oct. 16, 1999, and my brother's son (aged one and a half years) also left on Oct. 16, 1999, but from Soekarno-Hatta Airport.

RI forex reserves up to $16.17b

RI forex reserves up to $16.17b JAKARTA (JP): Indonesia's net foreign exchange reserves rose by US$66.70 million from $16.10 billion to $16.17 billion in the week ending on Oct. 22. Bank Indonesia said in its latest weekly report the rise was partly due to an increase in oil and gas export revenues and the disbursement of foreign debts The central bank said the country's net forex reserves exceeded the minimum target of $14.3 billion set by the International Monetary Fund.

Bima Sakti downs Pacific 71-61

Bima Sakti downs Pacific 71-61 SURAKARTA, Central Java (JP): Bima Sakti Nikko Steel opened the action at the 1999 A Mild Kobatama National Basketball League on Wednesday with a 71-61 win over bottom finisher Pacific Bank Swadesi. In the second game, defending champion Panasia Indosyntec played Cahaya Lestari Surabaya (CLS) at Bhinneka Basketball Stadium. The game was unfinished at press time.

Jakarta Hospital on road to recovery

Jakarta Hospital on road to recovery JAKARTA (JP): Repairs on the basement of a building at Jakarta Hospital in Central Jakarta, which was brutally damaged by military troops last Wednesday, are expected to be completed by next week. According to Jakarta Hospital Foundation chairman Royono Murad, the repairs are totally sponsored by the city police. "The police have compensated (for the incident) not with cash but by sending workers to fix the damage. Everything should hopefully be fixed by Nov.

Ties with Israel may cause 'flood of tears'

Ties with Israel may cause 'flood of tears' JAKARTA (JP): The Indonesia Committee for World Muslim Solidarity (KISDI) warned the government not to open ties with Israel and warned of "a flood of Muslim tears" if it opted to go ahead with its plan to embark in trade relations with the Jewish state. "Trade and cultural ties are the seeds of diplomatic relations," KISDI chairman Ahmad Sumargono told journalists on Wednesday.

Effectiveness of rights ministry questioned

Effectiveness of rights ministry questioned JAKARTA (JP): Rights activists have welcomed the establishment of the State Ministry of Human Rights Affairs but harbor doubts about its effectiveness. They were buoyed by the establishment of the ministry, particularly since it will be headed by Hasballah M. Saad, a noted rights activist from the troubled province of Aceh.

Trust and Citibank's ATM

Trust and Citibank's ATM On Sept. 21, 1999, I hastily withdrew money from Citibank's automatic teller machine at their branch office in Pondok Indah. The amount of money from the machine was Rp 100,000 short. I was unlucky that I was aware of it when I was already on the road. I returned to the bank immediately and informed Ms. Dede at the front desk. On Oct. 16, 1999, I received bad news from Ms. Dede. Citibank said there was no surplus of Rp 100,000 at the ATM.

Where to go in Bali for Thursday, Oct. 28, 1999

Where to go in Bali for Thursday, Oct. 28, 1999 Exhibition * Painting Exhibition: Magic and Modernism, at Museum Puri Lukisan, Jl. Raya Ubud, Gianyar (Phone: 0361 975136), 8 a.m. to 4 p.m., until Nov. 30. Museums and Galleries * Blue Moon Gallery, Jl. Tirta Tawar, Banjar Kutuh Kaja, Ubud (Phone: 0361 976727), daily, 11 a.m. to 5 p.m. * Museum Puri Lukisan - Yayasan Ratna Warta, Jl. Raya Ubud, Gianyar (Phone: 0361 975136), daily, 8 a.m. to 4 p.m. * Museum of Bali, Jl.

No funds to fight dengue in Tangerang

No funds to fight dengue in Tangerang TANGERANG (JP): Tangerang mayoralty has yet to start its operation to prevent dengue fever here because of a limited budget, the mayoralty's health office head Nuriman Machyudin said on Wednesday. "We are still waiting for financial assistance from the West Java administration to procure chemicals needed to destroy the mosquitoes and their breeding grounds," Nuriman said. He said the mayoralty needed Rp 170,000 (US$25) to disinfect 40 houses.

Unemployed man arrested for murder of woman, child

Unemployed man arrested for murder of woman, child JAKARTA (JP): Cilandak Police detectives have arrested the suspected killer of a young mother and her three-year-old son after a one-week intensive investigation. Cilandak Police chief Maj. Nurhayati said on Wednesday the suspected killer, Urip Ma'Muri, also known as Ucok, 19, was apprehended a day earlier by her officers in the suspect's hometown of Mbaros village in the Ketanggungan district of Brebes, Central Java.

Civil society, civility are constructs of the mind

Civil society, civility are constructs of the mind The following is an excerpt from an interview with Ariel Heryanto Ph.D, a sociologist and lecturer at a university in Singapore. Question: How do you see the election of Abdurrahman Wahid and Megawati Soekarnoputri as president and vice president respectively? Ariel: I was no less surprised than many other people.

New cabinet shows TNI still has clout: Observer

New cabinet shows TNI still has clout: Observer JAKARTA (JP): Contrary to popular opinion, or wishes, the Indonesian Military (TNI) continued to exert influence, albeit not as decisive as in the past, in the selection of the new Cabinet, military observer Salim Said said. The inclusion of five active officers showed that TNI still had strong political bargaining powers, Salim said. "TNI is still playing a strong role in politics," he told The Jakarta Post by phone.

Soeharto's case to be reopened, says Marzuki

Soeharto's case to be reopened, says Marzuki JAKARTA (JP): Attorney General Marzuki Darusman affirmed on Wednesday that investigations into alleged corruption by former president Soeharto and the Bank Bali scandal would be priority tasks, but noted that "political dimensions" had to be taken into consideration in the cases.

Information ministry employees face uncertain future

Information ministry employees face uncertain future JAKARTA (JP): Ministry of Information employees across the country were in an uproar over the government's decision to abolish the department. The 55,000 employees of the ministry came to work on Wednesday feeling uncertain about their future. Most reacted calmly, but some, however, immediately expressed discontent, with threats of a pending mass employee demonstration.

Novotel Benoa Bali

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. Each Novotel guest will receive a mask upon arrival to wear during the ball.

It's time to revitalize the Youth Pledge

It's time to revitalize the Youth Pledge By A. Chaedar Alwasilah BANDUNG (JP): The 7th Congress of the National Language last October featured the theme of strengthening the role of Bahasa Indonesia as a means of development in the globalization era. The month-long commemoration of Bahasa Indonesia which falls each October is reminiscent of the first Congress in 1928, in which the Youth Pledge was declared to acknowledge one country, one nation, and one national language.

Bissu community glitters in ritual dance

Bissu community glitters in ritual dance By I Wayan Juniarta TIRTA GANGGA, Karang Asem, Bali (JP): For three decades, they have been hounded and blamed for violating social and moral ethics. Now, the transvestite Bissu community in Sigeri, Pangkep, South Sulawesi, is trying to revive its age-old traditions. The revival of the Bissu community was manifested in a rare performance at the recent Milleniart Festival in Tirta Gangga, Karang Asem, East Bali.

Revisiting the Youth Pledge

Revisiting the Youth Pledge By Harkiman Racheman MEDAN, North Sumatra (JP): The commemoration of the Youth Pledge on Oct. 28 this year carries great significance. In line with the current atmosphere of multidimensional reform, the historic Youth Pledge, signed and approved by representatives of young intellectuals from diverse parts of the archipelago, may now need to be reinterpreted, reexplored, or even reassessed within the renewed framework of post-Soeharto modern Indonesia.

Seaman dies in bar attack

Seaman dies in bar attack JAKARTA (JP): A seaman was attacked and killed in a bar at the busy Tanjung Priok Port in North Jakarta on Wednesday morning. Kupang native Ronny Markus Doko, 36, was found dead near the Bohusami bar on Jl. Bugis with wounds to his head. A witness, Dolop Rede, said the victim was attacked by at least 12 other seamen from the Palopo district in Sulawesi. "The tension between the Palopo natives and other ethnic groups has been running high for quite a long time here.

Influence of Dutch language

Influence of Dutch language Last year I read in your newspaper an article concerning the origin and the future development of Bahasa Indonesia. I was astonished to notice that the writer (I don't remember his name) apparently did not know that there are about five thousand words derived from the Dutch language in the Indonesian language. I was again astonished when I read the article by Mr. Setiono in your Oct.

BI to issue new bank notes in anticipation of Y2K

BI to issue new bank notes in anticipation of Y2K JAKARTA (JP): Bank Indonesia will issue Rp 100,000 bank notes beginning on Monday to anticipate an increased demand for cash as a result of worries about the Year 2000 computer bug. "This is to anticipate soaring public demand for cash ahead of the Millennium Bug or Y2K," Bank Indonesia deputy governor Aulia Pohan said on Wednesday.

Bali gearing up to face the new millennium

Bali gearing up to face the new millennium DENPASAR, Bali (JP): When the clock strikes midnight on New Year's Eve, thousands of people will have flocked to the Island of the Gods to warmly welcome the new century, watching a myriad of millennial art and cultural festivals. Some of the memorable events are deliberately designed in grandeur to ring in the year 2000.

Habibie, please come to Makassar

Habibie, please come to Makassar From Rakyat Merdeka Mr. Habibie demonstrated his statesmanship when he attributed his withdrawal from the presidential race to maintaining national unity. I would like now to appeal to Mr. Habibie to also demonstrate the same statesmanship by visiting the demonstrating students in Makassar to make them realize that the entire population sincerely longs for unity and peace. I also would like to appeal to Mr.

JSX plans relief for troubled firms

JSX plans relief for troubled firms JAKARTA (JP): The management of the Jakarta Stock Exchange (JSX) plans to give some 100 firms on the verge of being delisted from the bourse two additional years to complete their restructuring programs. In return, these companies must submit monthly progress reports to the stock exchange and the public, JSX president Mas Achmad Daniri said. The extension is contingent upon progress being made in the restructuring programs, he said.

Kasyadi leads Challenge event

Kasyadi leads Challenge event JAKARTA (JP): Kasyadi from Yani Golf Club held onto his lead with a second round 71 on Wednesday at the Rp 75 million 1999 Andersen Consulting Challenge Golf Championship at the Pondok Indah Golf Club. Kasyadi has a four-under par 140 for two rounds. He scored six birdies in the first round on Tuesday to end with a three-under- par 69 after bogeys at the 9th, 10th and 16th holes.

Pelti fires three officials amid internal disagreements

Pelti fires three officials amid internal disagreements JAKARTA (JP): The Indonesian Tennis Association (Pelti) fired three officials on Tuesday after a prolonged dispute in the association. The deputies to Pelti secretary-general Soegeng Sarjadi, Subiyanto and Benny Mailili, and the official in charge of junior player development, Deddy Prasetyo, received letters notifying them of their dismissal by a courier who claimed he was ordered by Pelti deputy treasurer Tien Indradjit.

Japanese nabbed twice for same offense

Japanese nabbed twice for same offense JAKARTA (JP): Officials from the Central Jakarta Immigration office nabbed on Tuesday a Japanese man who had been deported once in the past for breaching the same immigration rule. Head of the office, Pramuningtyas, said on Wednesday that Eiji Goto, alias Yoshiharu Goto, was apprehended at the Tator Hotel on the popular backpacker street of Jl. Jaksa in Central Jakarta. During the interrogation, Goto showed a letter as proof of his status here.

Discrimination in Constitution

Discrimination in Constitution I followed the lengthy debates held in various sessions concerning the amendments to be made to the Indonesian 1945 Constitution (UUD 45), one of which was of particular importance to me. As an expatriate married to an Indonesian, and because my two children were born in Bandung, I was wondering if it is still necessary for the president to be an Indonesia asli (native Indonesian)?

Looking for a `Kwik' fix

Looking for a `Kwik' fix The market has responded coolly to Tuesday's announcement of President Abdurrahman's economic team. The reaction contrasted to the rebounds we have become accustomed to in recent weeks. Following the general election in June, the announcement of the election results and the presidential election last week, the market rallied on the back of the country's political developments.

Locals burn suspected thief

Locals burn suspected thief CILACAP, Central Java: A suspected motorbike thief was beaten and burned alive by a group of angry residents in Kaliwungu village, Kedungreja district, on Wednesday. Residents said Sukardi, 32, was caught trying to steal a motorbike belonging to Darmanto, 28. "Dozens of angry residents beat the poor man and set him on fire. Nobody dared intervene," said Basri, 47, a community official who witnessed the incident.

IMF awaits publication of PwC reports

IMF awaits publication of PwC reports SYDNEY (Dow Jones): Hubert Neiss, the International Monetary Fund's Asian director, said Wednesday the IMF will work with the new Indonesian government. But he said the Fund is still awaiting the publication of an audit into the Bank Bali corruption scandal before resuming lending to the country. "It is very important because disclosure and publication is a very efficient way to deal with corruption," Neiss told Dow Jones Newswires.

ASEAN urged to to boost technology

ASEAN urged to to boost technology SINGAPORE (DPA): Southeast Asian nations were urged on Wednesday to climb up the technology ladder and emerge as a "cyber-region" developing leading-edge science for the global markets. Lim Swee Say, Singapore's minister of state for trade and industry, told the 38th meeting of the ASEAN Committee on Science and Technology the challenge facing the grouping as it emerged from the regional crisis was repositioning ASEAN so that it remained relevant.

Stock quotations on JSX

Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct 27, 1999: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 475 0 0 AHAP Insurance 550 0 0 Alakasa Industrindo 300 0 0 Alter Abadi 325 0 49,000 Alumindo Light Metal 1,300 100 52,500 Aneka Kimia Raya 425 0 0 Aneka Tambang (Persero) 1,475 -25 1,352,000 Anwar Sierad 250 -25 92,500 APAC Centertex Corp.

Three taxi robbers shot dead

Three taxi robbers shot dead JAKARTA (JP): Three robbers were shot dead by police as they tried to rob a taxi driver at a night spot in the small hours of Tuesday, police said. Police said that the three, armed with two pocket-knives and a dagger, tried to rob a taxi driver near the Dis Medika discotheque at 2 a.m. on Jl. Daan Mogot, West Jakarta. The driver, Suhendro, cried for help. People nearby came to help him and, at the same time, a police patrol car was passing by.

Analysts welcome Susilo's appointment

Analysts welcome Susilo's appointment JAKARTA (JP): Minister of Mines and Energy Susilo Bambang Yudhoyono is capable of supervising and developing the country's oil and mining sector, but he needs the support of experts to compensate for his lack of professional background in the industry, analysts said on Wednesday.

Refugees suffer more hardships

Refugees suffer more hardships MAKASSAR, South Sulawesi: As many as 365 East Timorese who fled their strife-ravaged homeland to seek a better life in Makassar are facing further difficulties. The 85 East Timorese families staying at the Kasih Ibu orphanage on Jl. Datuk Patimang lack food and medicine. Many of the refugees are ailing and the orphanage is too small to accommodate all of them, forcing some of them to sleep outside.

Honda raises target amid signs of market recovery

Honda raises target amid signs of market recovery JAKARTA (JP): Sole distributor and assembler of Japanese Honda cars in Indonesia PT Honda Prospect Motor has increased its sales target of New Civic cars amid signs of recovery in the country's depressed automotive market. Vice president Yoshiaki Nakamura said here on Wednesday he expected to sell up to 1,500 New Civics by March 2000, which is up from an initial forecast of 1,000.

New beginnings

New beginnings Frail though he is, Indonesia's new President Abdurrahman Wahid has wasted no time in setting out his agenda, and attempting to heal some of the wounds that have torn the country apart. He has acknowledged that one of his main tasks is to reduce the massive chasm between rich and poor. Without a fairer division of wealth, the social rifts will remain to foment unrest, and the country cannot be successfully rebuilt.

Jakarta Police need reforming

Jakarta Police need reforming From Rakyat Merdeka Rakyat Merdeka of Oct. 23 reported that Jakarta Police chief Noegroho Djajoesman told the media he had established a fact- finding team to investigate the attack on Jakarta Hospital. Is this pretending to be stupid or really stupid? What is the use of forming a team called a fact-finding team? Please read the Criminal Code, Sir! Paragraph I articles 1 to 4 mention the general stipulations on investigation.

Bali's peaceful reputation suffers blow ahead of 2000

Bali's peaceful reputation suffers blow ahead of 2000 By Degung Santikarma DENPASAR, Bali (JP): With the end of the second millennium fast approaching, anxieties have arisen over just what the new era will bring. In the West, fears that a "millennium bug" or "Y2K virus" might infest electronic infrastructure, freezing computer frameworks upon which so many everyday activities have come to depend, have made many determined to seek a peaceful destination to mark the passing of the old year.

World Bank plans trust fund for East Timor

World Bank plans trust fund for East Timor DARWIN, Australia (Reuters): The World Bank plans to set up a trust fund for shattered East Timor and member-nations will be asked to contribute to it, a regional bank official said on Wednesday. The fund for U.N.-administered East Timor, which was devastated by pro-Indonesia militia violence after an August independence ballot, would mark the first time the World Bank has set up such a facility in a country which is not a member.

Sutiyoso orders war against gambling

Sutiyoso orders war against gambling JAKARTA (JP): Governor Sutiyoso instructed city officials on Tuesday to seal any buildings belonging to the city administration which have reportedly been used as gambling arenas. "I telephoned my subordinates today to close any gambling dens located in city-owned buildings," Sutiyoso told reporters at City Hall.

Police seize illegal moisturizers, arrest producer

Police seize illegal moisturizers, arrest producer JAKARTA (JP): Police detectives have arrested a man for allegedly producing and distributing hand and body moisturizer without obtaining a permit from the Ministry of Health. City police detective chief Col. Alex Bambang Riatmodjo told reporters on Wednesday that Joko Kusuma Tjiam, also known as Akiat, was apprehended during a raid one day earlier at his home on Jl. Petak Utara in the Citra III housing complex in Kalideres, West Jakarta.

Administration rings up big bill

Administration rings up big bill BITUNG, North Sulawesi: The Bitung administration has not paid its phone bill since 1998, owing Rp 51 million to state-owned telecommunications company PT Telkom, Antara reported on Wednesday. Regional legislative council member J.F. Lengkong blamed mismanagement in the administration for the unpaid bill.