Indonesian Political, Business & Finance News

Archive: 12 November 1999

51 articles found

On relations with Israel

On relations with Israel In The Jakarta Post of Nov. 10, 1999, an anonymous person writes that he does not want the Indonesian government to have trade relations with Israel. He writes that Indonesia should not have any relations with Israel because Israel has shown that it has never appreciated...

Indonesian shuttlers beat Taipei in JVC Asia Cup

Indonesian shuttlers beat Taipei in JVC Asia Cup JAKARTA (JP): Indonesian shuttlers won their first match over Chinese Taipei 3-0 at the US$100,000 JCV Asia Cup in Ho Chi Minh City on Wednesday.First singles Taufik Hidayat, 18, found no trouble in crushing old hand Liu En-Hong 15-10, 15-2.

Indonesia urged to launch major tourism campaign

Indonesia urged to launch major tourism campaign JAKARTA (JP): Foreign tourism experts called on the Indonesian government to launch a major tourism campaign overseas in a bid to mend the country's tainted international image.

House backs amnesty for all political prisoners

House backs amnesty for all political prisoners JAKARTA (JP): The House of Representatives (DPR) is seeking national amnesty for all political prisoners across the country, House deputy speaker Soetardjo Soerjogoeritno said on Thursday.

PT Telkom posts Rp 1.47t net income through September

PT Telkom posts Rp 1.47t net income through September JAKARTA (JP): Publicly listed PT Telekomunikasi Indonesia (Telkom) announced on Thursday an unaudited net income of Rp 1.47 trillion (US$210 million) for the first nine months of the year ending Sept. 30.

Charity show by Guruh Sukarno

Charity show by Guruh Sukarno JAKARTA (JP): A performance by Guruh Soekarnoputra, the youngest son of founding president Sukarno, will be held here to raise money for impoverished children, the event organizer said.Lufti Setia Dharma said the charity night on Nov.

Defense issue haunts Gus Dur-Clinton summit

Defense issue haunts Gus Dur-Clinton summitBy Yenni Djahidin WASHINGTON (JP): President Abdurrahman Wahid flies into Washington on Friday amidst a series of congressional attempts to cut further U.S. military assistance to Indonesia as punishment for Jakarta's failures over East Timor.

Where to go in Jakarta:

Where to go in Jakarta:Festival * Festival November '99 features poetry readings, theaters, exhibitions, dances, and film, at Taman Ismail Marzuki (TIM), Jl. Cikini Raya 73, Central Jakarta. - Exhibitions, at 10 a.m. to 9 p.m.

Army office cuts down trees

Army office cuts down trees JAKARTA (JP): Central Jakarta Mayor Andi Subur Abdullah condemned on Thursday the Army's topography office for cutting down 10 trees in front of its office on Jl. Kali Baru Timur in Senen, Central Jakarta.

Disappointing situation

Disappointing situation I am writing in response to Mr. Gottfried Roelcke's letter Has the MPR failed the people?". I am a PAN voter, and I supported Megawati Soekarnoputri to become president because her party was the winner, no matter that some people called it a simple or absolute majority, or...

Cooperatives demand rice payment

Cooperatives demand rice payment YOGYAKARTA: Dozens of people representing 15 Village Cooperative Units (KUD) urged on Wednesday the provincial legislature help them obtain nearly Rp 7 billion in debt payments from the Provincial Logistics Agency (Dolog).

DuPont Indonesia records surge in total revenues

DuPont Indonesia records surge in total revenues JAKARTA (JP): DuPont Indonesia booked a hefty 28 percent increase in total revenues in the first nine months of the year, thanks to a surge in exports, the company's managing director said on Thursday.

PSIM scrapes by Barito Putra 1-0

PSIM scrapes by Barito Putra 1-0 YOGYAKARTA (JP): Host PSIM edged Barito Putra Banjarmasin 1-0 in the final minutes of play in the sixth Indonesian Soccer League (Ligina) at Mandala Krida Stadium on Thursday.

'The Jakarta Shimbun' enters Bali market

'The Jakarta Shimbun' enters Bali market DENPASAR, Bali: Jakarta-based Japanese daily The Jakarta Shimbun began its distribution here on Thursday, targeting Japanese tourists and visitors to this island of paradise that amounted to about 215,000 people last year.

RI machine demand rises

RI machine demand rises SINGAPORE (Dow Jones): In a sign that Indonesia's economy may be picking up, Indonesian demand for textile weaving machines started to recover in the second half of this year, according to a senior executive at Sulzer Technology Corp.

Aceh referendum should be last alternative: Amien

Aceh referendum should be last alternative: Amien JAKARTA (JP): Speaker of the People's Consultative Assembly (MPR) Amien Rais said here on Thursday that resorting to a referendum on self-determination in the restive province of Aceh should be "the very last alternative".

Won soars to 4-month high as rupiah falls

Won soars to 4-month high as rupiah falls HONG KONG (Dow Jones): Soaring market sentiment drove the South Korean won to its highest level in over four months Thursday, prompting central bank intervention to suppress the currency's rise.

29 killed, eight injured in North Maluku unrest: Police

29 killed, eight injured in North Maluku unrest: Police AMBON, South Maluku (JP): At least 29 people have been killed and eight more seriously injured in the most recent clashes between Muslims and Christians in the North Maluku towns of Soa Siu and Ternate, some 500 kilometers north of here, local...

Bogor residents brace for floods, landslides

Bogor residents brace for floods, landslides BOGOR (JP): Bogor residents are facing an increased threat of floods and landslides during the rainy season as a result of the continued destruction of the rain forest along the upper reaches of Ciliwung River.

Malaysian election prospects

Malaysian election prospects With a general election around the corner, Malaysia's Prime Minister Mahathir Mohammad leaves nothing to chance. Politically, he continues to bait the opposition. On the economic front, the giveaway budget will win votes for his ruling National Front coalition.

Mahathir plans snap polls to avoid facing new voters

Mahathir plans snap polls to avoid facing new votersBy Nelson Graves KUALA LUMPUR (Reuters): Malaysian Prime Minister Mahathir Mohamad has opted for snap elections so he can capitalize on a solid economic rebound and avoid facing more than half a million new voters next year.

Gus Dur flies to the U.S. on a commercial flight

Gus Dur flies to the U.S. on a commercial flight JAKARTA (JP): President Abdurrahman Wahid left for the United States from Soekarno-Hatta International airport on Thursday on board a commercial airliner rather than the presidential jet.

'TVRI' braces to become self-funding corporation

'TVRI' braces to become self-funding corporationBy Stevie Emilia JAKARTA (JP): President Abdurrahman Wahid's earthshaking move to liquidate the once powerful ministry of information has not only sparked controversy but also left a trail of uncertainties.

Councilors say put parking in hands of private firms

Councilors say put parking in hands of private firms JAKARTA (JP): Councilors said on Thursday city agency BP Parkir should hand over management of the city's parking to private firms if it failed to improve its record by April.

KWI wants wide-ranging autonomy for provinces

KWI wants wide-ranging autonomy for provinces JAKARTA (JP): The Bishop Council of Indonesian (KWI) suggested on Thursday the new government offer wide-ranging autonomy to provinces to prevent the breakup of the nation.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Nov. 11, 1999: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 6,965.00 7,035.00Australian dollar 1 4,467.35 4,515.77Austrian schilling 1 528.29 534.11Belgian franc 1 180.20 182.19Brunei dollar 1 4,157.71 4,202.01Canadian dollar 1 4,744.

RI-Israel relations

RI-Israel relationsFrom RepublikaLooking at the history of the establishment of the Jewish state Israel, we will agree that it was the annexation of an Arab territory, especially Palestine. What hurts even more is that the Masjidil Aqsha is on that territory.

Police urged to probe riots

Police urged to probe riots SURAKARTA, Central Java: Golkar Party chairman Akbar Tandjung urged the police on Thursday to thoroughly investigate the cause of unrest here last month, which cost the town Rp 15 billion in losses.

Hard road to Indonesia-Australia ties

Hard road to Indonesia-Australia tiesBy Damien Kingsbury MELBOURNE (JP): There have been encouraging signs recently about the level of commitment to rebuilding relations between Indonesia and Australia.

RP fears Moro may follow Aceh

RP fears Moro may follow Aceh MANILA (AFP): The Philippines has become the first of Indonesia's Southeast Asian neighbors to publicly raise the specter of the region being destabilized by a breakup of its biggest country.

Woman indicted on drug charges

Woman indicted on drug charges JAKARTA (JP): Dewi Andreas Marantika, who was arrested last August for the possession of 737 grams of marijuana and 18 packages of shabu-shabu (crystal methamphetamine), was indicted on Thursday.

Morning Star flying in Timika

Morning Star flying in Timika JAKARTA (JP): Thousands of Irianese witnessed the raising of the Morning Star flag in Timika district, Irian Jaya, on Wednesday, as an independence mood prevails in the natural resource-rich province.

Adaro upbeat on coal export despite tight competition

Adaro upbeat on coal export despite tight competitionBy Berni K. Moestafa BANJARMASIN, South Kalimantan (JP): PT Adaro Indonesia, one of the country's major coal producers, said demands for its coal would continue to increase despite growing competition in the world's coal market.

IMF's Camdessus leaves controversial legacy in Asia

IMF's Camdessus leaves controversial legacy in AsiaBy James T. Areddy HONG KONG (Dow Jones): Asians will remember Michel Camdessus mostly for his arms -- specifically the way he folded them while watching the presidents of South Korea and Indonesia succumb to financial crisis two years ago and sign...

Teater Koma to stage 'Sampek Engtay'

Teater Koma to stage 'Sampek Engtay' JAKARTA (JP): Teater Koma, one of the country's most prolific theater groups, will present its latest production next week in a performance the play's producer said on Thursday would be enlivened by the Chinese lion and dragon dances which were banned under the...

Stay in touch any places, any time with SMS

Stay in touch any places, any time with SMSBy Amir Sidharta JAKARTA (JP): Most users of Global System for Mobile Communications (GSM) cell phones are most likely already familiar with its short message service (SMS).

Fire guts traditional Pasar Pagi Lama market

Fire guts traditional Pasar Pagi Lama market JAKARTA (JP): Traders and customers at the Pasar Pagi Lama market on Jl. Petak Baru in Tambora subdistrict, West Jakarta, watched helplessly as the market was razed by fire on Thursday afternoon.No fatalities or injuries were reported in the incident.

Kota to be developed into business, tourist center

Kota to be developed into business, tourist center JAKARTA (JP): In an ambitious campaign to boost the city's income, the city administration will develop Kota subdistrict in West Jakarta as a business center and tourist destination, an official said on Thursday.

Roesmanhadi vows tough sanctions for police leaks

Roesmanhadi vows tough sanctions for police leaks JAKARTA (JP): National Police Chief Gen. Roesmanhadi will take tough action within the week against any of the 11 high-ranking National Police officers currently being questioned as suspects in the recent Timor car scandal, National Police spokesman...

KONI claims chief Wismoyo not mixed up in scandal

KONI claims chief Wismoyo not mixed up in scandal JAKARTA (JP): After conducting its own three-day investigation, the National Sports Council (KONI) claimed on Thursday that its chairman Wismoyo Arismunandar was not involved in the Bank Bali scandal, as was alleged in a national weekly tabloid.

'Ecstasy Queen' Zarina arrested again for drugs

'Ecstasy Queen' Zarina arrested again for drugs JAKARTA (JP): City Police detectives arrested on Thursday morning former actress Zarina Mirafsur and nine other drug suspects at Hotel Mercure on Jl. Tanjung Duren in West Jakarta.City Police chief of detectives Col.

KPU committee to probe Golkar campaign funding

KPU committee to probe Golkar campaign funding JAKARTA (JP): The General Elections Commission (KPU) assigned on Thursday a 10-member committee to investigate allegations the Golkar Party illegally accepted funds for its election campaign.

Companies ad budgets grow with the economy

Companies ad budgets grow with the economy JAKARTA (JP): Industrial and financial companies have begun to increase their spending on advertisements to take advantage of improvements in the country's economy, seminar participants addressing the country's advertisement spending said on Thursday.

Opinions divided on plan to open up trade with Israel

Opinions divided on plan to open up trade with Israel JAKARTA (JP): The government's intention to open trade relations with Israel continued to provoke mixed responses on Thursday.More than a 100 University of Indonesia students and 150 Muslim youths staged a demonstration on Thursday at the House...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 11, 1999: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 875 0 2,377,500 AHAP Insurance 550 0 0 Alakasa Industrindo 450 0 7,500 Alter Abadi 400 0 500,000...

Swede too strong for Wynne

Swede too strong for Wynne KUALA LUMPUR (Agencies): Indonesia's top women's singles player Wynne Prakusya fell to experienced Swede Asa Carlsson 6-3, 6-0 in the second round of the US$180,000 Wismilak International '99 here on Thursday.

Government urged to set up truth body

Government urged to set up truth body JAKARTA (JP): Human rights campaigners urged the government of President Abdurrahman Wahid on Thursday to set up a truth and reconciliation commission to allow the country to come to terms with its traumatic recent past.

Traditional games

Traditional gamesFrom NeracaIt is saddening that our children have lost the roots of their identity. They do not know their heroes and are not familiar with traditional games. This state of affairs has been acknowledged by a noted cultural scholar.Dr.

ABN AMRO opens two new branches

ABN AMRO opens two new branches JAKARTA (JP): The Netherlands-based ABN AMRO Bank will open two new branches at the end of this month in the South Sulawesi provincial capital of Makassar and in the East Kalimantan town of Balikpapan, according to its Indonesia country manager Pieter van den Akker.

SCB employees booted from Bank Bali's headquarters

SCB employees booted from Bank Bali's headquarters JAKARTA (JP): In a sign of the escalating tension between Bank Bali staff and Standard Chartered Bank (SCB) employees, staff in charge of managing Bank Bali were ejected on Thursday from the bank's headquarters.

TNT launches new product

TNT launches new product JAKARTA (JP): The Indonesian unit of the Netherlands-based express courier firm TNT announced on Thursday a new product called "Indonesia One," an overnight service that takes shipment to and from any TNT branch city in Indonesia at the same price, with a money-back...