Indonesian Political, Business & Finance News

Archive: 24 November 1999

68 articles found

Searching for a better management approach

Searching for a better management approachBy James O'Hara JAKARTA (JP): The World Bank produced a development report in 1987 comparing the average levels of per capita income in developed industrialized countries and low-income developing countries.

Military warns of rising separatist sentiment

Military warns of rising separatist sentiment JAKARTA (JP): Indonesian Military (TNI) chief Adm. Widodo A.S. indicated the seriousness of rising separatist sentiments across the country and warned the threat of national disintegration was a very real one.

Cipto Hospital needs bigger budget to cover operations

Cipto Hospital needs bigger budget to cover operations JAKARTA (JP): The yearly budget allocated by the government to the state Cipto Mangunkusumo General Hospital barely covers the hospital's expenses as the number of poor patients who need to be subsidized is increasing, a hospital executive said...

Taxi drivers here are not so bad!

Taxi drivers here are not so bad! I really feel that I have to respond to the article CABeat emptor -- driver beware which caught my eye in The Jakarta Post on Sunday, Nov. 21, 1999.Back in Jakarta, after an enforced absence of 15 months, I was struck by the somewhat extreme views expressed by your...

Observers question govt's anticorruption commitment

Observers question govt's anticorruption commitment YOGYAKARTA (JP): Political observers here have questioned President Abdurrahman Wahid's commitment to eradicating corruption, alleging that the majority of his Cabinet lineup include individuals involved in graft practices during the New Order era.

Council accuses holding company of swindling

Council accuses holding company of swindling JAKARTA (JP): The City Council's Commission B for economic affairs revealed on Thursday that executives of PT Pembangunan Jaya, a holding company partly owned by the city administration, swindled Rp 3.

PT Freeport Indonesia eyes century of mining

PT Freeport Indonesia eyes century of mining TIMIKA, Irian Jaya (Reuters): A slump in world prices of copper and gold will hit PT Freeport Indonesia's bottom line this year but the firm still hopes to be mining in New Guinea when the new century dawns.

The threat of piracy in SE Asia

The threat of piracy in SE AsiaBy Santo Darmosumarto Fifteen Indonesian pirates were reportedly arrested on Saturday off the coast of India. This article looks at piracy, a problem which Southeast Asian nations have been battling for years.

Hammer throwers set for Jakarta

Hammer throwers set for Jakarta SEMARANG (JP): Four local hammer throwers -- Daniel Giyanto, Agus Darmawan, Lina and Kusmiyati -- will attend the Indonesia Open national track and field championship in Jakarta from Nov. 26 to Nov. 29.

Truck drivers protest levies

Truck drivers protest levies MAROS, South Sulawesi: Hundreds of truck drivers in Maros, 30 kilometers north of the provincial capital of Makassar, have complained about illegal levies allegedly demanded by police, who claimed to be carrying out routine operations.

S'pore PM to lead trade mission to RI in January

S'pore PM to lead trade mission to RI in January JAKARTA (JP): Singapore's Prime Minister Goh Chok Tong will lead a large trade mission to Indonesia in January in a bid to boost trade relations between the neighboring countries.

Two expats deported for overstaying

Two expats deported for overstaying TANGERANG (JP): Tangerang Immigration office has deported an expatriate identified as Chiou Ya Hui, a Taiwan national, and will shortly deport another, South Korean Jeong Seong Ki, for overstaying on their visas.Tangerang Immigration chief Dodi M.

Close the camps

Close the camps The visiting U.S. ambassador to the United Nations, Richard Holbrooke, has spoken out, calling for rapid repatriation of all (East Timorese refugees) who wish to return to East Timor. This finally may prod the Indonesian authorities into controlling the militia mobs.

Politics will still affect rupiah: BI

Politics will still affect rupiah: BI JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin said on Tuesday the rupiah's exchange rate to the U.S. dollar next year would be influenced more by market sentiment on domestic social and political conditions rather than economic fundamentals.

Human rights court won't try past atrocities

Human rights court won't try past atrocities JAKARTA (JP): The government is working to establish a human rights court, but it will not be able to bring alleged perpetrators of past atrocities to justice, Minister of Law and Legislation Yusril Ihza Mahendra said on Tuesday.

New libraries for orphanages

New libraries for orphanages JAKARTA (JP): Forty-five girls in Putra Setia orphanage in Central Jakarta can now enjoy a collection of 500 titles of storybooks and literature in their small library.The books, along with bookshelves and boxes of powdered milk, were donated by milk producer PT...

Cacuk appointed as IBRA senior vice chairman

Cacuk appointed as IBRA senior vice chairman JAKARTA (JP): The government has appointed a former president of PT Telekomunikasi Indonesia as senior vice chairman of the Indonesian Bank Restructuring Agency (IBRA) in its continuing effort to restructure the agency.

Huge Asian budget deficits don't have to mean new taxes

Huge Asian budget deficits don't have to mean new taxesBy James T. Areddy HONG KONG (Dow Jones): At first glance, record-sized Asian budget deficits would suggest a pressing need for higher taxes because less-than-stellar economic growth expected over the next few years will limit government...

PwC publishes mining book

PwC publishes mining book JAKARTA (JP): International auditor PricwaterhouseCoopers published on Monday the results of its survey on the country's mining industry.The company said in a statement the Indonesian Mining Industry Survey 1999 was based on a study of the operations of 12 producing...

Developing nations distrustful, feisty ahead of WTO trade talks

Developing nations distrustful, feisty ahead of WTO trade talksBy Jean-Louis de la Vaissiere GENEVA (AFP): Several of the most determined developing countries are threatening to boycott the next round of WTO trade negotiations until they have felt more of the benefits from the last round of talks.

Minister says 40% of all water supplies contaminated

Minister says 40% of all water supplies contaminated JAKARTA (JP): Minister of Health Achmad Sujudi revealed on Tuesday that around 40 percent of all water supplies in urban areas across the country are contaminated by feces collie.

British Airways responds

British Airways responds We would like to reply to the letter that appeared in The Jakarta Post on Nov. 20, 1999, titled Home for the holidays from Mr. John T regarding British Airways service in Indonesia.Unfortunately, British Airways were forced to temporarily suspend direct services from Oct.

NU urges dialogs, human rights investigations

NU urges dialogs, human rights investigations KEDIRI, East Java (JP): The Nahdlatul Ulama (NU) Muslim organization proposed on Tuesday a way out for the problems the country is dealing with, most notably on the widespread threat of separatist movements.

Government and IMF complete draft of new reform package

Government and IMF complete draft of new reform package JAKARTA (JP): The government and the International Monetary Fund (IMF) technical team completed on Tuesday a draft of a new letter of intent (LoI), outlining a key economic strategy but remaining tentative on policy details, especially...

ADB sharply upgrades Asian growth projections

ADB sharply upgrades Asian growth projections MANILA (AFP): The Asian Development Bank (ADB) sharply upgraded this year's regional economic growth forecasts to 5.7 percent Tuesday on the back of a "far better than expected" rebound from crisis.

Bhinneka players ready for final four

Bhinneka players ready for final four SEMARANG (JP): The men's and women's basketball players from Bhinneka Sritex club are preparing for the final four of the 1999 A Mild Kobatama national basketball league, which will take place at the Senayan indoor stadium on Dec. 4 and Dec. 5.

Hun Sen 'opposes' ASEAN expansion

Hun Sen 'opposes' ASEAN expansion PHNOM PENH (AP): Cambodian Prime Minister Hun Sen would be against allowing East Timor into the Association of Southeast Asian Nations, a magazine reported.Hun Sen told Asiaweek in an interview posted on the magazine's website that he feared the addition of an...

Fire guts perfume factory

Fire guts perfume factory JAKARTA (JP): Fire gutted a house-cum-perfume factory on Jl. Taman Jati Petamburan in Tanah Abang, Central Jakarta, on Monday afternoon.At least 10 fire trucks were deployed to the area. At 4:30 p.m.

Government promises sugar import tariff in January

Government promises sugar import tariff in January JAKARTA (JP): The government said on Tuesday that a tariff on imported sugar would only be imposed after the post-fasting month holiday of Idul Fitri in January.

Asia to dominate auto market

Asia to dominate auto market NEW DELHI (Reuters): The president of Ford Motor Company said on Tuesday the Asia-Pacific region would outstrip Europe and North America in auto production, cornering the lion's share of global growth and demand."The global auto industry is expected to grow by 8.

China not ready to sign Spratlys code of conduct

China not ready to sign Spratlys code of conduct KUALA LUMPUR (Agencies): China said on Tuesday no agreement had been reached on a code of conduct over the disputed Spratly islands, but described such an agreement as "important", after talks here between Chinese and Malaysian leaders.

Students to honor their teachers

Students to honor their teachers JAKARTA (JP): School children will be ceremoniously called on for the first time to pay homage to their teachers' daily toil by attending a special service on National Teachers Day on Thursday in their respective schools.

Prosecutor urges one year sentence for former mayor

Prosecutor urges one year sentence for former mayor JAKARTA (JP): A prosecutor demanded the West Jakarta District Court on Tuesday sentence former West Jakarta mayor Sutardjianto to one year in jail for abusing his position to profit by Rp 2.6 billion (US$371,428.5) in a corruption case.

Windsurfer Oka qualifies for Olympics

Windsurfer Oka qualifies for Olympics JAKARTA (JP): Windsurfer Oka Sulaksana nailed down his ticket to the 2000 Olympic Games in Sydney by finishing 35th in the golden fleet class of the World Championships in Noumea, New Caledonia, last week.

ASEAN to review financial warning system

ASEAN to review financial warning system MANILA (AFP): Southeast Asian finance ministers are to review the progress of an regional financial warning system at a meeting here this week, a senior Association of Southeast Asian Nations (ASEAN) official said Tuesday.

Pepper output to rise 2.3%

Pepper output to rise 2.3% JAKARTA (JP): World pepper production is projected to increase 2.3 percent to 217,164 tons next year from about 212,200 tons this year.The Jakarta-based International Pepper Community (IPC) said on Tuesday that the estimate was reached in a meeting between exporters and...

C. Java villages in tense standoff

C. Java villages in tense standoff SEMARANG: About 500 residents of Karangsari village in Kendal have fled their homes, saying they fear reprisals from Bandengan residents, who saw three of their neighbors killed and 17 others injured on Sunday in a grenade blast.

Locals disregard patent rights

Locals disregard patent rights BANDUNG: About 90 percent of applicants for the Intellectual Opulent Patent Right (HAKI) in the country are foreigners, HAKI directorate general Zen Umar Purba said recently.

WB eyes infrastructure as priority for E. Timor

WB eyes infrastructure as priority for E. Timor SINGAPORE (AFP): Some US$70 million is expected to be channeled into rebuilding East Timor's infrastructure next year, when pledges from donor countries of the World Bank come through, the bank said Tuesday.

Officer questioned over Zarina's 'outing' at disco

Officer questioned over Zarina's 'outing' at disco JAKARTA (JP): The head of city police detention center, Maj. Sumartono, was questioned on Saturday over alleged drug- trafficking suspect Zarina Mirasfur's absence from the detention center on Nov.

Where to go in Bandung for Wednesday, Nov. 24, 1999

Where to go in Bandung for Wednesday, Nov. 24, 1999Performances * Musical Comedy Drama: Teu Kawin-Kawin, at Gedung Kesenian Rumentang Siang, Jl. Baranang Siang 1, Kosambi (Phone: 022 433562), 8 p.m., Nov. 27-28. * Sundanese Traditional Performance, Longser, at Gedung Kesenian Rumentang Siang, 8 p.m.

Fishermen jailed for smuggling illegals

Fishermen jailed for smuggling illegals PERTH, Australia (AFP): Another group of Indonesian fishermen were jailed by an Australian court Tuesday under tough new laws designed to discourage human-trafficking.

FDI to Philippines up 42%

FDI to Philippines up 42% MANILA (AFP): Net foreign direct investment (FDI) in the Philippines hit US$1.1 billion in the first seven months of 1999, a 42 percent increase from the same period last year, the presidential palace said here Tuesday.

Photo A: JIFFest

Photo A: JIFFestJIFFest's committeeJapanese film Perfect Blue, directed by Satoshi Kon, is about a complicated entertainment business in Japan involving young stars. The film will be screened at TIM 21 on Nov. 24 and Nov. 25 as part of the first Jakarta International Film Festival.

Conversion Rates

Conversion RatesBank Indonesia's conversion rates on Nov. 23, 1999: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,064.00 7,136.00Australian dollar 1 4,496.94 4,546.35Austrian schilling 1 529.28 535.19Belgian franc 1 180.54 182.56Brunei dollar 1 4,226.14 4,271.77Canadian dollar 1 4,825.

Power to women

Power to women Women activists have long questioned the wisdom of having a state minister of women's affairs in the Cabinet. Many view the office as serving an ornamental role rather than representing a genuine fight to end gender discrimination and promote equality.

Military accused of war crimes

Military accused of war crimes JAKARTA (JP): The military killing, raping and torture of civilians in Aceh this past decade amounted to "war crimes" committed on the orders of the top leadership, according to a finding of an independent inquiry.

Teamwork vital to push tourism growth: Official

Teamwork vital to push tourism growth: Official JAKARTA (JP): The city tourist agency on Tuesday called all related sectors in the industry to join hands together to boost the number of tourists coming to the capital."We must act.

Tubagus Angke water project

Tubagus Angke water project JAKARTA (JP): French water management firm PT Pam Lyonnaise Jaya (Palyja) signed a cooperation agreement with three local contractors on Tuesday to expand the water pipeline on Jl. Tubagus Angke in West Jakarta.

Fun, fearless female films at JIFFest

Fun, fearless female films at JIFFestBy Dini Djalal JAKARTA (JP): All you need is love, right? Not according to two thought-provoking films screened at this week's Jakarta Film Festival, The Personal and The Last Malay Woman.

RI and Kuwait to boost ties

RI and Kuwait to boost ties JAKARTA (JP): President Abdurrahman Wahid (right) is escorted by Kuwaiti Emir Sheikh Jaber Al-Ahmad Al-Sabah after the two held talks on Tuesday in Kuwait City on improving ties between the two countries.

Shotokan master to appoint successor

Shotokan master to appoint successor JAKARTA (JP): Sensei (master) Kanazawa, the world's Shotokan guru from Japan, is scheduled to appoint his successors at the seventh world Shotokan Karate-Do International Federation (SKIP) championship at the Sheraton Convention Center in Bali in April 2000.

Brittleness of nationalism

Brittleness of nationalismFrom Rakyat MerdekaOur founding fathers would be lost in sad contemplation if they heard about the demands of some Indonesians who want independence. Those who fought audaciously to liberate this country, to maintain the unity of the nation, would feel betrayed because...

Jazz Merah Putih in Karawaci

Jazz Merah Putih in Karawaci JAKARTA (JP): The giant business and amusement center Lippo Karawaci in Tangerang, in cooperation with Ireng Maulana & Associates, is to present the second Jazz Merah Putih concert at Taman Sari cultural park in Lippo Karawaci business and residential area on Saturday.

Wie Wie upbeat on drag race party hopes

Wie Wie upbeat on drag race party hopes JAKARTA (JP): Wie Wie Rianto of the Jakarta Firna Racing Team was optimist on Monday that he would beat Canada's Robert Paul at the Sentul Drag Race Millennium Party to be held on Saturday and Sunday at the Sentul International Circuit in Bogor.

Protected building owners face inquiry over damages

Protected building owners face inquiry over damages JAKARTA (JP): The City Council will question executives of the firm which owns a protected building in Central Jakarta about plans to renovate the structure and the effort to locate items which had been missing from the building.

Beadsworth wins elimination one race finals

Beadsworth wins elimination one race finalsBy Lukman Natanagara LANGKAWI, Malaysia (JP): Skipper Andy Beadsworth of England won the delayed elimination one finals by defeating Swedish Magnus Holmberg in the Malaysia Challenge sailing championships on Tuesday.

Reforestation fees to reach Rp 1.22t

Reforestation fees to reach Rp 1.22t JAKARTA (JP): State revenues from the forestry and plantation sectors are estimated to reach Rp 1.83 trillion (US$261.9 million) in the fiscal year 2000.Minister of Forestry and Plantation Nur Mahmudi Ismail said on Tuesday that the revenue target would be...

Mother of three jailed for producing drugs

Mother of three jailed for producing drugs JAKARTA (JP): The Central Jakarta District Court sentenced a mother of three on Tuesday to eight years in jail for producing ecstasy pills in the woman's second drug-related conviction in less than 18 months.

7,000 RP police to guard ASEAN meet

7,000 RP police to guard ASEAN meet MANILA (Reuters): The Philippines said on Tuesday it would deploy more than 7,000 police and soldiers to safeguard leaders of the Association of South East Asian Nations (ASEAN) at their summit in Manila this weekend.

Room for improvement at Shah Jahan

Room for improvement at Shah Jahan JAKARTA (JP): "It's funny but Indian people themselves rarely eat here," said the waiter handing out menus at the Shah Jahan restaurant in the Hotel Sahid Jaya. The ever-droll Winnardi thought this was "probably because they get enough Indian food at home".

Timah scraps plan to buy KPC shares

Timah scraps plan to buy KPC shares JAKARTA (JP): Publicly listed state mining company PT Tambang Timah announced on Monday it had dropped its plan to buy shares in coal mining company PT Kaltim Prima Coal (KPC), citing the high price of the shares as the reason.

Holbrooke reserves judgment on RI's E. Timor agreement

Holbrooke reserves judgment on RI's E. Timor agreement AILEU, East Timor (Reuters): Washington's ambassador to the United Nations said on Tuesday the United States would be watching closely to see if Indonesia honored an agreement over joint patrols near the border between East and West Timor.

Where to go in Surabaya, for Wednesday, Nov. 24, 1999

Where to go in Surabaya, for Wednesday, Nov. 24, 1999Performances * Classical Piano Concert from Germany by Roswitha Lohmer, in the Balai Adika Ballroom of Hotel Majapahit - Mandarin Oriental Surabaya, at Jl. Tunjungan 65 (Phone: 031 5454333), 7 p.m., Nov. 24.

Eye bank gets 4,407 corneas from abroad

Eye bank gets 4,407 corneas from abroad BOGOR (JP): Indonesia Central Eye Bank (BMIP) have received a total of 4,407 corneas from various donor countries so far, BMIP chairwoman Siti Maimunah Alamsyah Ratu Perwiranegara said on Tuesday.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 23, 1999: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,200 75 1,257,000 AHAP Insurance 550 0 0 Alakasa Industrindo 600 -225 189,000 Alter Abadi...

Oil prices ease in Asian markets

Oil prices ease in Asian markets SINGAPORE (Reuters): Oil prices slipped in Asia amid profit- taking on Tuesday after surging to nine-year highs in London and New York, traders said.January New York Mercantile Exchange (NYMEX) crude futures were at US$26.

Japanese animation films grow in popularity

Japanese animation films grow in popularityBy Gotot Prakosa JAKARTA (JP): The world has acknowledged that Japanese animation films are already on par with American ones in terms of their storyline management and production techniques.