Indonesian Political, Business & Finance News

Archive: 10 November 1999

51 articles found

Building facilities for children top priority: Minister

Building facilities for children top priority: Minister JAKARTA (JP): State Minister of Youth Affairs and Sports Mahadi Sinambela said he would focus his attention on the national development of children's interests in sports. His commitment was expressed on Tuesday during a meeting with officials from 20 sports organizations at his office in Senayan, Central Jakarta. One way to fulfill his ambition is by encouraging provincial and city administrations to build affordable grass courts.

Death toll mounts in Vietnam floods

Death toll mounts in Vietnam floods HANOI (AFP): Troops and police joined forces on Tuesday with aid workers to rush 100 tons of supplies to stricken villagers in central Vietnam as the death toll in the worst floods in 40 years climbed to 535, officials said. Aid agencies are growing increasingly concerned at the risk of disease and hunger to the hundreds of thousands hit by the floods which have washed away homes and fields.

Mahathir stirs poll speculation

Mahathir stirs poll speculation KUALA LUMPUR (Reuters): Malaysian Prime Minister Mahathir Mohamad abruptly canceled on Tuesday a major foreign trip, prompting speculation he will call snap elections expected to be his most difficult since winning power 18 years ago. Mahathir made a last-minute decision to skip the Commonwealth Heads of Government Meeting in South Africa this week to attend to "pressing matters" at home, Foreign Minister Syed Hamid Albar said.

Court rules to proceed with Soeharto vs 'Time'

Court rules to proceed with Soeharto vs 'Time' JAKARTA (JP): Central Jakarta District Court issued a pretrial ruling on Tuesday stating it had the authority to continue hearing former president Soeharto's lawsuit against the New York- based Time magazine.

Nielsen survey gauges growth in RI economy

Nielsen survey gauges growth in RI economy JAKARTA (JP): More than half the population in the country's five major cities feel the economy has recovered and would further strengthen, according to a survey conducted by AC Nielsen marketing research company. The company said its latest research conducted in Jakarta, Surabaya, Bandung, Medan and Semarang in August indicated that 58 percent of those surveyed felt the economy had improved, while 77 percent felt the recovery would continue next year.

Councilor questions drop in city's revenue

Councilor questions drop in city's revenue JAKARTA (JP): A senior city councilor questioned city revenue cutbacks stipulated in the revised 1999/2000 budget proposed on Monday by Deputy Governor Fauzi Alvi Yasin. Chairman of the council's commission C for financial affairs Amarullah Asbah said after a plenary session that the council was still in the dark about the reduction in the city's projected revenue from gasoline taxes.

Curfew imposed in Fakfak

Curfew imposed in Fakfak FAKFAK, Irian Jaya: Security authorities have imposed a curfew to anticipate possible unrest following the ouster of Regent Suparlan Pasambuna last Friday. Deputy chief of local police Capt. J. Kalembang told Antara on Tuesday the curfew took effect on Monday and would stand for an indefinite period. Under the curfew, people are not allowed to go out between 10 p.m. and 4.30 a.m.

Abdurrahman told to visit Aceh

Abdurrahman told to visit Aceh JAKARTA (JP): House Speaker Akbar Tandjung called on President Abdurrahman Wahid on Tuesday to cut short his foreign tour and travel to Aceh, where one million people marched on Monday to demand a self-determination vote. A similar request also came from a member of Abdurrahman's own Cabinet. State Minister of Human Rights Affairs Hasballah M. Saad said the President should travel to Aceh to hold a dialog with the people there.

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.

Council wants revocation of bylaw banning pedicabs

Council wants revocation of bylaw banning pedicabs JAKARTA (JP): The City Council vowed on Tuesday to fight for the revocation of a 1988 bylaw that prohibits becak (pedicab) from operating in the city. Deputy Council Speaker Tarmidi Suhardjo told representatives of some 2,000 pedicab riders staging a protest in front of the council building on Tuesday that the council was considering issuing a bylaw that will allow limited pedicab operations in the city.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 09, 1999: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 650 100 1,117,000 AHAP Insurance 550 0 0 Alakasa Industrindo 450 -25 42,500 Alter Abadi 400 25 1,607,500 Alumindo Light Metal 1,300 0 0 Aneka Kimia Raya 600 125 100,000 Aneka Tambang (Persero) 1,475 25 3,372,500 Anwar Sierad 300 25 979,500 APAC Centertex Corp.

Inquiry faults generals for Aceh atrocities

Inquiry faults generals for Aceh atrocities JAKARTA (JP): A state-funded inquiry has determined that top active and retired Army generals gave the orders for many of the atrocities committed by the military in Aceh in the past decade. Their names will not be made public until after the findings by the Independent Investigation Commission on Atrocities in Aceh are presented in a 484-page report to President Abdurrahman Wahid on Wednesday.

Police shoot dead suspected robber

Police shoot dead suspected robber JAKARTA (JP): North Jakarta Police detectives located and shot dead one of nine suspects in a Rp 162 million (US$23,142.80) robbery late last month, after he resisted arrest on Tuesday in Slipi, West Jakarta. North Jakarta Police chief Lt. Col. Wisjnu Amat Sastro said the suspect, identified as Ending, also known as Andi, was a member of a gang which robbed a resident of Muara Karang on Oct. 27.

Court to probe 'Bimas' case

Court to probe 'Bimas' case JAYAPURA, Irian Jaya: The Maritime Court will investigate the sinking of the Bimas II vessel, which claimed at least 87 lives and left 329 others missing in one of the worst sea accident in the country last month. Head of the Ministry of Transportation's Irian Jaya office, H.F. Nelwan, said on Tuesday a fact-finding team would be sent soon by the court to Merauke waters, where the ferry ran aground, to start the investigation.

WB to recommend smaller govt budget for E. Timor

WB to recommend smaller govt budget for E. Timor DILI (AP): The World Bank said Tuesday that it will recommend a smaller government budget for East Timor than what the region received when it was part of Indonesia. Indonesia spent about US$110 million annually in East Timor, mainly to maintain a large civil service. World Bank spokeswoman Sarah Cliffe said those expenses would have to be streamlined.

Is opposition a must for a political system?

Is opposition a must for a political system? By Mochtar Buchori JAKARTA (JP): A few days ago I received a telephone call from a journalist in London. He asked me whether the inclusion of all the major political powers in the new Cabinet meant that there was no longer an opposition in Indonesian political life. He asked me further whether I thought that such a situation was healthy for Indonesia.

Makassar students lambaste Amien for failing to show up

Makassar students lambaste Amien for failing to show up MAKASSAR, South Sulawesi (JP): Student leaders criticized on Tuesday People's Consultative Assembly (MPR) Speaker Amien Rais for failing to attend a seminar he was scheduled to address. Many students said they had turned up at the seminar to personally convey to Amien their call for an independent South Sulawesi state.

Asian currencies lose ground as won and baht forced lower

Asian currencies lose ground as won and baht forced lower HONG KONG (Dow Jones): Asian currencies lost ground Tuesday as both the Korean won and the Thai baht dropped steeply against the U.S. dollar. Other regional markets saw relatively quiet trading, although the Philippine peso mirrored the baht, falling back after failing to push up through a key resistance level. The won's fall was attributed to a flurry of position covering by local market players who had earlier sold the U.S.

OPEC members set to extend production cuts

OPEC members set to extend production cuts SINGAPORE (Reuters): Asian crude prices rose on Tuesday following overnight gains as production curbs now in place looked set to be extended. Kuwaiti Oil Minister Sheikh Saud Nasser al-Sabah said on Tuesday that fellow OPEC members had agreed in principle to extend the cuts beyond March 2000. He said OPEC would decide on the duration of the extension at its ministerial meeting in March.

The new banknote

The new banknote A letter in The Jakarta Post on Nov. 8, 1999 raised the question of why the year '05 was mentioned instead of '45 on the new Rp 100,000 bill in reference to the Proclamation of Independence. During the Japanese occupation, Indonesia used the Japanese calender, not the Judeo-Christian calender year. The year 1945 in the Christian calender is 2605 in the Japanese calender.

A case for federalism

A case for federalism The march by more than one million people held on Monday in Banda Aceh, which demanded a referendum on the province's self- determination, supports fears of threats to national disintegration voiced in Jakarta in recent weeks. Proponents of the viewpoint say the separation of East Timor triggered this Balkanization of Indonesia. Aceh is next in line with Irian Jaya close behind, followed by Riau, Maluku and South Sulawesi.

Army chief Subagyo defends TNI reshuffle

Army chief Subagyo defends TNI reshuffle JAKARTA (JP): Army Chief of Staff Gen. Subagyo Hadisiswoyo said on Tuesday that a recent major reshuffle within the force complied with standard procedures. After installing new Deputy Army chief Lt. Gen. Djamari Chaniago at Army Headquarters, Subagyo said that a constant turnover in the military was part of efforts to improve personnel's leadership, management and professional capabilities. The deputy army chief post was handed over from Lt. Gen.

Where to go in Bandung:

Where to go in Bandung: Exhibitions * Installation Exhibition by Iwan Wijono, at CCF - French Cultural Center, Jl. Purnawarman 32, Nov. 10. * Painting Exhibition by Dadang Mochamad Achjar, at Galeri Bandung, Jl. Siliwangi 16 (Phone: 236515), 9 a.m. to 5 p.m., until Nov. 20. Peformances * Sundanese Traditional Drama: Drama Badawang, at Gedung Kesenian Rumentang Siang, Jl. Baranang Siang 1, Kosambi (Phone: 022 433562), 8 p.m., Nov. 17-19.

Government confers three national hero titles

Government confers three national hero titles JAKARTA (JP): The government conferred posthumously on Tuesday three national hero honors and presented many other citizens with medals for outstanding service to the country.

Seven killed as unrest strikes troubled Ambon

Seven killed as unrest strikes troubled Ambon AMBON, Maluku (JP): At least seven people were killed and 18 others were injured as renewed communal clashes hit the troubled capital of South Maluku in the past two days. About 10 houses and three military barracks in Batu Merah Dalam area were set ablaze by mobs, local police chief Lt. Col. Ghufron said on Tuesday.

Pande Lubis declared suspect

Pande Lubis declared suspect JAKARTA (JP): Former deputy chairman of the Indonesian Bank Restructuring Agency (IBRA) Pande Lubis was officially named as a suspect on Tuesday in the high-profile Bank Bali scandal. Attorney General Office spokesman R.J. Soehandoyo told Antara that Pande's status as a witness had changed into a suspect on corruption charges following an investigation into Setya Novanto and Djoko S. Tjandra.

Pasar Baru complex not a draw for tourists

Pasar Baru complex not a draw for tourists JAKARTA (JP): The newly declared tourist shopping destination, the Pasar Baru complex in Central Jakarta, has yet to prove its magnitude in bringing more tourists into the capital. There have been few significant changes in the 575-meter long old shopping arcade despite the existing huge entrance gate, titled "Passer Baroe", in reference to the complex's name during the Dutch colonial era.

Subsidized loans to farmers embezzled

Subsidized loans to farmers embezzled JAKARTA (JP): More than half of the government-sponsored credits for farming activities in the Malang regency, East Java have been embezzled, according to findings announced by the Center for Banking Crisis (CBC) on Tuesday.

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): - 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. Sungkono 120 (Phone: 031 5661550): - Desperado's: Sunday Jazz, 9:30 p.m.

Teenagers drown in Cihideung river

Teenagers drown in Cihideung river BOGOR (JP): Three teenagers drowned on Saturday in the Cihideung River, which is located here inside the Curug Luhur camping ground, Ciampea subdistrict. The three dead youths were identified as M. Zein, 18, Ahmad Gozali, 15, and Achmad Fauzi, 15. The boys, who all hailed from Jakarta, were reportedly on a recreational walk. Fauzi's body was found on Sunday, while the other two bodies were found on Saturday a few hours after the incident.

Three killed in road accident

Three killed in road accident SEMARANG: Three men died and another was injured in a traffic accident on Jl. Ikut in Purwadadi subdistrict in Banyumas, 150 kilometers west of here, on Monday afternoon. Central Java Police spokesman Lt. Col. M. Ramlie identified the three fatally injured victims as Doni Ismail, 23, Imam Rismansyah, 19, and Gomat, 22. The survivor was Ludiman, 29.

S'pore urges ASEAN legal networking

S'pore urges ASEAN legal networking SINGAPORE (DPA): Sending Singapore lawyers to work with their counterparts in other Southeast Asian countries was proposed on Tuesday to strengthen each nation's legal framework and help the Association of Southeast Asian Nations (ASEAN) succeed in the new globalized economy. "There is a tendency for investors to rate us as a region," Minister for Law and Foreign Affairs S. Jayakumar told the faculty of law's anniversary dinner.

Maritime riches

Maritime riches I was delighted to read the contribution by Santo Darmosumarto of Pondok Gede in his column in The Jakarta Post of Nov. 8, 1999, captioned Maritime security, enlivening thereby the discussion of the topic among the interested readers. The writer rightly commented that my writing represented an exemplary attempt to arouse awareness of Indonesia's maritime potential.

RP clashes force thousands to flee

RP clashes force thousands to flee COTABATO, Philippines (AFP): Up to 20,000 people have left their homes in the southern Philippines as fighting between Muslim separatists and government troops entered its second day on Tuesday, officials said. Governor Emmanuel Pinol of North Cotabato province said the evacuees were being looked after by social workers in town squares and schools.

Rigid curriculum complicates RI's English teaching

Rigid curriculum complicates RI's English teaching By Iwan Jazadi This is the first of two articles identifying key problems of Indonesia's English teaching system at the classroom-curriculum level. ADELAIDE (JP): Every year the number of Indonesian English Language Teaching (ELT) specialists and professionals increases.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Nov. 09, 1999: Bank notes rates Buying Selling Rp Rp U.S.

E. Timor's Xanana Gusmao wary of UN and World Bank

E. Timor's Xanana Gusmao wary of UN and World Bank BAUCAU, East Timor (Reuters): East Timorese independence hero Xanana Gusmao fears the World Bank and the United Nations are pushing their own agenda in East Timor and are not listening to the people of the devastated territory. In an interview with Reuters, Gusmao hit out at UN efforts to disarm the pro-independence Falintil guerrillas he commands.

Savoring 'ikan bakar' against backdrop of Jakarta at night

Savoring 'ikan bakar' against backdrop of Jakarta at night JAKARTA (JP): Ikan bakar or barbecued fish is a classic Indonesian dish, and one that is always worth looking out for. Though many regions claim it as one of their own specialties, its origins are surely universal, going back to the time when humans first discovered fire and shortly after, we presume, discovered that flesh tastes nicer after it has been left in proximity to it.

Eight years in jail for trucking ganja

Eight years in jail for trucking ganja TANGERANG (JP): The Tangerang District Court sentenced Mustafa bin Muslim, 45, to eight years in prison on Tuesday for transporting 33 kilograms of marijuana by truck from Banda Aceh earlier this year. Judge Tusany Japri said Mustafa was proven guilty of violating the 1997 Law on Narcotics which carries a maximum sentence of life imprisonment. Mustafa's sentence was two years less than the demand of prosecutor Gunadi.

RI to launch tourism drive

RI to launch tourism drive JAKARTA (JP): The government will soon launch a tourism campaign in several countries in Asia, Europe and northern America in a bid to mend the image of the country's tainted tourism sector. I Gede Ardika, the directorate general of the Ministry of Tourism and Art, said on Tuesday that the countries would include Britain, Germany, the Netherlands, France, Japan, Australia, the United States and Canada.

SeaWorld opens up the secrets of the deep

SeaWorld opens up the secrets of the deep JAKARTA (JP): SeaWorld Indonesia, the operator of Indonesia's only oceanographic acrylic tunnel aquarium, is offering free tickets for Indonesia's best students to observe and study marine life. "SeaWorld is providing free tickets to students with great grades," SeaWorld executive director Arief Wiriadinata said at a media conference on Tuesday.

IBRA to resume payment of interbank claims

IBRA to resume payment of interbank claims JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) plans to immediately resume payment of interbank claims on closed down banks that were suspended at the beginning of the Bank Bali scandal late in July, according to IBRA chairman Glenn S. Yusuf. Glenn said on Tuesday that resuming the payment of the interbank claims was one of the short-term priorities of IBRA.

Gus Dur-Clinton meeting set for Friday

Gus Dur-Clinton meeting set for Friday By Kornelius Purba HANOI (JP): President Abdurrahman Wahid is set to meet his American counterpart Bill Clinton in Washington, D.C on Friday despite earlier concerns about scheduling conflicts. News of the planned meeting was disclosed by Abdurrahman himself -- only 24 hours after he said the meeting was off -- during a media briefing with Indonesian reporters accompanying him on a five-day whirlwind tour of Southeast Asian capitals.

Rp 1b loss for Bogor's Telkom

Rp 1b loss for Bogor's Telkom BOGOR (JP): The Bogor office of state Telecommunication company PT Telkom suffered a Rp 1 billion loss in the past year due to widespread vandalization of property such as public phone booths, spokesman Harismaya said on Monday. "If we also include the amount of looted rupiah coins, the loss would be much greater," Harismaya said. There are 4,121 public phone booths located in Bogor, Cibinong and Depok, he said.

Distraught father kills children, commits suicide

Distraught father kills children, commits suicide DENPASAR, Bali (JP): A grieving father killed five of his children on Monday and seriously injured another son before committing suicide in Karangasem, about 70 kilometers east of Denpasar. Karangasem Police chief Lt. Col. Ida Bagus Wirama told reporters on Tuesday that the murders occurred at about 1 a.m. in the family's home in Sidekarya village.

New airline starts operations next year

New airline starts operations next year JAKARTA (JP): Newly licensed air carrier Indonesian Airlines Avipatria (IAA) will launch its first domestic flight early next year to benefit from the country's economic recovery, an airline executive said on Tuesday. Airline president Rudy Setyopurnomo said the new airline would start commercial operations in January 2000, serving 30 destinations across the country. "This is a good business with a good market.

The House demands government dissolve IRC and FSAC

The House demands government dissolve IRC and FSAC JAKARTA (JP): The House of Representatives (DPR) called on Tuesday for the government to dissolve the Independent Review Committee (IRC) and the Financial Sector Action Committee (FSAC), saying they were ineffective in overseeing the country's costly bank restructuring program.

Time is money at Indian food festival

Time is money at Indian food festival JAKARTA (JP): From Antiba to Anchorage, Dubai to Dublin, Johannesburg to Jakarta, Indian cuisine is adored the world over. Small wonder then that Le Meridien hotel on Jl. Sudirman has launched its third Indian Food Festival.

C. Java boosts fish farming

C. Java boosts fish farming SEMARANG (JP): Central Java expects its inland fish production to increase to 16,705 tons this year from 13,153 tons last year. Nunuk Setyono, a spokesman for the province's office for the fishery sector, said on Tuesday that in terms of value, fish production rose to Rp 63.3 billion (US$9.05 million) from Rp 24.2 billion.

UN urges action to stop intimidation of refugees

UN urges action to stop intimidation of refugees JAKARTA (JP): The United Nation High Commission for Refugees (UNHCR) called on the Indonesian government on Tuesday to stop the continuous intimidation by pro-Indonesia militia of its humanitarian workers and East Timorese refugees wishing to return home in East Nusa Tenggara.

Study on marine pollution

Study on marine pollution JAKARTA (JP): Norwegian Ambassador to Indonesia Sjur Torgersen handed over a master plan on the prevention and response to marine pollution and marine disasters in Indonesia to the Directorate General of Sea Communications of the Ministry of Communications. The study was funded by a grant from the Norwegian Agency for Development Cooperation and conducted by Norwegian Det Norske Veritas in cooperation with the Directorate of Sea Communications.