Indonesian Political, Business & Finance News

Archive: 18 December 1999

57 articles found

RI forex reserves weaken

RI forex reserves weaken JAKARTA (JP): Indonesia's net foreign exchange reserves fell by US$58 million to $16.60 billion in the week ending on Dec. 15 from $16.65 billion the previous week, Bank Indonesia reported on Thursday.

Police nab more arson suspects

Police nab more arson suspects JAKARTA (JP): Police have arrested two more suspects in connection with Wednesday night's arson attack on the Christian- owned building complex in Cipayung, East Jakarta.Until last night, police, however, claimed to be still in the dark about the motives of the...

Chain of crisis centers for abused women planned

Chain of crisis centers for abused women planned JAKARTA (JP): The government will cooperate with women's organizations to establish a nationwide chain of crisis centers for abused women.The first one is expected to be up and running by April 2000.

China's stance on South China Sea

China's stance on South China SeaBy Santo Darmosumarto JAKARTA (JP): Conflict over territorial claims in the South China Sea -- especially those related to the Spratly Islands -- remains a serious threat to regional stability.

Brothel busted, customers arrested

Brothel busted, customers arrested JAKARTA (JP): Central Jakarta Police detained 79 prostitutes along with 21 male customers on Thursday evening during a single raid at Hotel Paripurna on Jl. Hayam Wuruk.

KONI sets date for Olympic's training

KONI sets date for Olympic's training JAKARTA (JP): The National Sports Council (KONI) announced the centralized training program for the 2000 Olympic Games would begin on Feb. 1.KONI official in charge of athlete development Mochamad Hindarto said on Friday each sport with athletes who had...

RI, Australia need cooperation and agreement

RI, Australia need cooperation and agreementBy Damien Kingsbury MELBOURNE (JP): It is clear, despite the goodwill on the part of many people on both sides, that there continues to be considerable misunderstanding about the causes and solutions to the difficulties in Australia and Indonesia's...

EU extends embargo against RI

EU extends embargo against RI STRASBOURG (Agencies): The European Parliament voted on Thursday to prolong the EU arms embargo against Indonesia and its suspension of bilateral military cooperation.A statement from parliament said that to have done otherwise would have sent a signal to the...

Ramadhan time for Jakarta

Ramadhan time for JakartaSaturday Maghrib 6:06 p.m.Sunday Imsak 4:02 a.m.Subuh 4:12 a.m.

Where to go in Jakarta: Saturday, Dec. 18, 1999

Where to go in Jakarta: Saturday, Dec. 18, 1999Exhibitions * Handicraft Exhibition: Cinderamata Nusantara, at Galeri Kampoeng Seni, in Metropolitan Mal, Bekasi, until Jan. 7. Dances and music performance, every Monday, Thursday, at 4 p.m. to 5 p.m.

Police officer, civilian killed in Aceh

Police officer, civilian killed in Aceh BANDA ACEH, Aceh (JP): The almost daily dose of violence which has become a feature of life in Aceh claimed two more victims on Friday when a police officer and a civilian were shot dead in Pidie regency.Pidie Police chief Lt. Col.

Blood runs out

Blood runs out The Indonesian Red Cross (PMI) has burdened the community again for three months this year. Like in previous years, PMI collected funds from the people by charging extra on utility bills such as electricity, water, telephone, and even adding to the amount charged for traveling or...

Yogyakarta craftspeople create exquisite ceramic objects

Yogyakarta craftspeople create exquisite ceramic objectsBy Sri Wahyuni YOGYAKARTA (JP): Ceramic industries in Yogyakarta have always been associated with Kasongan, a handicraft village in Bantul district, some 10 kilometers south of here.

Car makers rev up for resurgence in demand

Car makers rev up for resurgence in demand JAKARTA (JP): Dealers of 15 car makers displayed their new products at Indonesia's first automotive show in three years in Jakarta this week in the hopes of a resurgence in demand.

Provinces told to be active in fighting poverty

Provinces told to be active in fighting poverty JAKARTA (JP): Each province will be responsible for poverty alleviation in its area when the Law on Regional Autonomy takes effect next year, Coordinating Minister for People's Welfare and Poverty Eradication Basri Hasanuddin said on Friday.

No friction in TNI, says Gen. Tyasno

No friction in TNI, says Gen. Tyasno JAKARTA (JP): Indonesian Military (TNI) leaders dismissed on Friday a reported fissure in their forces following the recent polemics between senior officers."There is no friction in the armed forces.

JFX to open in July

JFX to open in July JAKARTA (JP): The Jakarta Futures Exchange (JFX), the country's first commodity futures exchange, will begin trading on July 1 next year, the exchange's president Hasan Zein Mahmud said on Friday.

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Songs 9:00 Music 11:00 Interval 2:00 p.m. News 2:30 Children's Program 3:00 Student's Quiz 3:30 Travel Program 4:00 Regional News 4:30 English Lessons 5:00 Ramadhan Program 6:00 Sports 6:30 News (in English) 7:00 Evening News 7:30...

More acts of violence

More acts of violence Ever since May last year, a disgusting culture of violence has spread to many areas of the country. The picture ironically appears to be a grim part of the social changes which have the nation encouragingly moving toward democracy.

Jakarta's oldest mosque lives on

Jakarta's oldest mosque lives onBy A. Junaidi This grand mosque, the oldest in the capital, once had the national red and white flag on the top of its tower. It reddened the faces of the Dutch colonial authorities, who then assigned their soldiers to attack the Muslim holy place.

New James Bond movie opens across town

New James Bond movie opens across town JAKARTA (JP): What happens when a new 007 movie opens? All the theaters in town may not be enough. Here's the alphabetical lineup of films playing at the local cinema, with reviews and grades by Rayya Makarim (RM), Oren Murphy (OM) and Tam Notosusanto (TN).

Man killed for burning house

Man killed for burning house SEMARANG: A man was beaten to death by residents of Bulu village in Temanggung regency on Thursday after setting his parents' house on fire.Central Java Police spokesman Lt. Col. M.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 17, 1999: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,100 -25 17,500 Alakasa Industrindo 700 0 0 Alter Abadi 425 0 0 Alumindo Light Metal 1,075...

Where to go in Yogyakarta: , Dec 18, 1999

Where to go in Yogyakarta: , Dec 18, 1999Exhibitions * Drawing Exhibition: Garis Tepi 200+0 by 12 artists (Agung Kurniawan, S. Teddy D., Bambang Toko, Moelyono, Anusapati, Tri Wahyudi alias Popok, Nindityo Adipurnomo, Ade Darmawan, Hafiz, Firman, Yani Halim and Arahmaiani) at Cemeti Gallery, Dec...

Maid abducts boss' toddler

Maid abducts boss' toddler TANGERANG (JP): A teenage housemaid was arrested on Friday for allegedly kidnapping her employers' 18-month-old daughter after being told she could not visit her hometown in Palembang, an officer said.

Widodo calms concerns over generals in Cabinet

Widodo calms concerns over generals in Cabinet JAKARTA (JP): Indonesian Military Commander Adm. Widodo A.S. calmed concerns on Friday that members of the military serving in the Cabinet had not retired from active service some two months after being sworn in as ministers.

Tonetto's article biased

Tonetto's article biased Writing a letter to the editor of The Jakarta Post is generally a pointless exercise. No one pays much attention to notes from those familiar few, relentless correspondents who clog up your pages day after day with their boring diatribes.

60,000 firecrackers seized in C. Java

60,000 firecrackers seized in C. Java WONOSOBO, Central Java: Local police seized a total of 50,000 firecrackers in Karanggondang village on Thursday and were searching for two alleged dealers, an official said.

Govt to tighten control of labor export firms

Govt to tighten control of labor export firms JAKARTA (JP): A top labor official has charged that 80 percent of the country's 400 licensed labor export companies are either unqualified or unprofessional.

Moody's upgrades APP rating

Moody's upgrades APP rating SINGAPORE (Dow Jones): Moody's Investors Service Inc. said Friday it placed its Caa1 ratings of the Indonesia-based Asia Pulp & Paper Company Ltd. its subsidiaries on review for possible upgrade.

Govt submits law on human rights court

Govt submits law on human rights court JAKARTA (JP): In an unusual move, the government asked the House of Representatives to reject a draft law it submitted on Friday endorsing the government regulation in lieu of a law on the establishment of a human rights court.

Ceramic and bamboo gamelan instruments could be a hit

Ceramic and bamboo gamelan instruments could be a hit YOGYAKARTA (JP): A set of traditional Javanese music gamelan instruments is usually made of bronze with wood as the supporting material.But Sunaryo, a lecturer at the Yogyakarta Arts Institute, has created an exciting innovation with his ceramic...

Generals' lawyers denied entry to E. Timor

Generals' lawyers denied entry to E. Timor JAKARTA (JP): Lawyers representing Indonesian Military (TNI) generals who are to be questioned over suspected rights abuses in East Timor, were denied entry to the territory on Friday and have been told by UN officials to try again next week.

Further efforts needed to strengthen future RI-China ties

Further efforts needed to strengthen future RI-China tiesBy Desra Percaya This is the second of two articles exploring the significance of President Abdurrahman Wahid's visit to China. LONDON (JP): Despite its contribution to seek a peaceful solution to the South China Sea conflict, Indonesia was...

Civilian guards to maintain order

Civilian guards to maintain order BANDUNG: West Java Police have pledged to maintain order in the province during the New Year and Idul Fitri holiday celebrations, despite a lack of personnel.Chief of the provincial police Maj. Gen.

Zarina's father loses lawsuit against police

Zarina's father loses lawsuit against police JAKARTA (JP): The South Jakarta District Court ruled on Friday in favor of City Police headquarters by declaring that last month's arrest of drug suspect Zarina Mirafsur was lawful.

Govt foreign debt totals $71.9b this fiscal year

Govt foreign debt totals $71.9b this fiscal year JAKARTA (JP): The government's overseas debt in the 1999/2000 fiscal year ending March 2000 is estimated to have reached US$71.9 billion, according to Chairman of the National Development Planning Board (Bappenas) Junaedy Hadisumarto.

Maritime ministry gets officials

Maritime ministry gets officials JAKARTA (JP): Minister of Maritime Exploration Sarwono Kusumaatmadja swore in seven officials to his newly established department on Friday.After more than one month without an office or officials, the ministry now has five director generals, an inspectorate general...

Special team deployed to crack down on crime

Special team deployed to crack down on crime BOGOR (JP): The Bogor Regional Police will deploy 18 plainclothes officers to crime-prone areas in an effort to maintain security during the Christmas and Idul Fitri holidays.

Ex-Pertamina employees sue former president Soeharto

Ex-Pertamina employees sue former president Soeharto JAKARTA (JP): Five former employees of state-owned oil and gas company PT Pertamina filed a lawsuit on Friday demanding three defendants, including former president Soeharto, pay some Rp 5.

Conversion Rates

Conversion RatesBank Indonesia's conversion rates on Dec. 17, 1999: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,050.00 7,120.00Australian dollar 1 4,529.63 4,578.16Austrian schilling 1 521.31 526.74Belgian franc 1 177.82 179.68Brunei dollar 1 4,205.69 4,249.99Canadian dollar 1 4,776.

The Ambon case

The Ambon caseFrom RepublikaI was deeply concerned when on Dec. 4, 1999, I read in a daily a news report titled Armored vehicles to be sent to Ambon. According to this report, National Police chief Gen.

PBSI to groom young athletes in provincial chapters

PBSI to groom young athletes in provincial chapters JAKARTA (JP): The Badminton Association of Indonesia (PBSI) official in charge of athletes development, Mangombar Ferdinand Siregar, told reporters on Friday that the association planned to groom young talented athletes in provincial chapters.

LG Pumps to set up plant

LG Pumps to set up plant JAKARTA (JP): South Korean company LG Pumps plans to invest US$10 million in a factory in West Java to strengthen its market position in Indonesia and neighboring countries, the company's sales director Chang In Suk announced on Friday.

FPI executives hail Sutiyoso for closing nightspots

FPI executives hail Sutiyoso for closing nightspots JAKARTA (JP): Executives from the Islamic Defenders Front (FPI) expressed their satisfaction on Friday over Governor Sutiyoso's decision to temporarily close all nightspots during the Ramadhan fasting month.

Barren region has white stone potential

Barren region has white stone potentialBy R. Agus Bakti GUNUNG KIDUL, Yogyakarta (JP): People refer to the Gunung Kidul regency in Yogyakarta as a barren region. In the dry season it is hard to find water in the area.

Metrodata 3Q profit up

Metrodata 3Q profit up JAKARTA (JP): Publicly listed information technology company PT Metrodata Electronics announced on Friday a net profit of Rp 32.9 billion (about US$4.7 million) for the third quarter, as compared to a net loss of Rp 86.9 billion in the same period last year.

Gang robs Rp 36m in cash, equipment

Gang robs Rp 36m in cash, equipment DENPASAR, Bali: A gang of robbers burst into an electronic goods supplier and an office next door and got away with more than Rp 36 million in cash and several kinds of electronic equipment on Thursday.

National team left in the final

National team left in the final JAKARTA (JP): The National Bermuda Bowl team was left 114- 134.33 International Match Point (IMP) behind the Pattimura bridge club after four of eight session final of the Bermuda Bowl and Venice Cup bridge simulation match at the Frans Waleleng bridge center in...

Garuda boss heads AAPA

Garuda boss heads AAPA JAKARTA (JP): President of state-owned flag carrier Garuda Indonesia, Abdulgani, has been appointed vice chairman of the Association of Asia Pacific Airlines (AAPA).Abdulgani was appointed during the association's assembly meeting held in Tokyo in late November.

World donors pledge $520m for East Timor

World donors pledge $520m for East Timor TOKYO (AFP): International donors meeting in Tokyo on Friday pledged more than US$520 million to help East Timor's reconstruction on its path to statehood."Nearly 200 delegates from over 50 countries and international agencies gathered in Tokyo today to...

PON to spend Rp 61 billion

PON to spend Rp 61 billion SURABAYA (JP): The 15th National Games (PON) organizers announced on Friday that the quadrennial event would cost nearly Rp 61 billion (US$8.6 million).The organizers chairman, Imam Utomo, who is also East Java governor, said the biggest portion of the budget would come...

Organda accepts 25% increase in bus fare with conditions

Organda accepts 25% increase in bus fare with conditions JAKARTA (JP): The Jakarta chapter of the Association of Public Land Transportation Owners (Organda) accepted on Friday a 25 percent bus fare increase declared on Tuesday by the House of Representatives.

12 security guards arrested for alleged role in killing

12 security guards arrested for alleged role in killing JAKARTA (JP): South Jakarta Police detectives spent almost a week tracking down the 12 alleged killers of Maulana Djoko Prayono, a 19-year-old youth, who was found last week barely alive in a dumpster.

Bank Mandiri's overseas operations face closure

Bank Mandiri's overseas operations face closure JAKARTA (JP): State-owned Bank Mandiri is in danger of losing its overseas operations if its financial status does not improve in the near future, Bank Indonesia Deputy Governor Subardjo Joyosumarto said on Friday.

Drug protesters stage rally

Drug protesters stage rally MEDAN, North Sumatra: Hundreds of protesters grouped under various organizations thronged the city's main thoroughfares on Friday, voicing concerns over rampant drug abuse, gambling and prostitution during the Ramadhan fasting month.

600 hectares of forest pillaged

600 hectares of forest pillaged WONOSOBO, Central Java: About 600 hectares of forest has been pillaged by thousands of local residents in the past week, inflicting a total of Rp 10 billion in financial losses, head of local state-owned forestry company Perhutani Dedi M. said on Thursday.