Indonesian Political, Business & Finance News

Archive: 21 December 1999

51 articles found

Four female weightlifters likely to miss PON for Olympics

Four female weightlifters likely to miss PON for Olympics JAKARTA (JP): Four Indonesian women weightlifters -- Sri Indriyani, Lisa Rumbewas, Winarni and Supeni -- will likely miss the 15th National Games (PON) in Surabaya in June due to their training program for the 2000 Olympics in Sydney in...

Many roads in bad condition

Many roads in bad condition PURWOKERTO, Central Java: At least 24 kilometers of the main south coastal road is in poor condition and may not be entirely safe for the heavy traffic which usually occurs during the upcoming holiday exodus.Among the damaged roads are the main streets Jl.

Eight killed, two injured in toll road accident

Eight killed, two injured in toll road accident JAKARTA (JP): Two people injured in Sunday's accident on the Tanjung Priok-Cawang toll road which killed eight, including a two-year-old boy, were still being treated at Islamic Hospital in Cempaka Putih on Monday.

Governor Machmud pessimistic about elections in Aceh

Governor Machmud pessimistic about elections in Aceh JAKARTA (JP): Aceh Governor Syamsuddin Machmud was pessimistic that local elections in three troubled regencies in Aceh could be held even though they were not due for another six months.

Balinese show their creativity

Balinese show their creativity For the sensitive souls among us, a visit to the island of Bali at the end of the year, which happens to be also the end of the millennium, will inevitably evoke inside their being the spirit of creation. It is easy to guess why.

Indonesia still needs budget support

Indonesia still needs budget support The following article is based on the presentation made by Coordinating Minister for the Economy, Finance and Industry Kwik Kian Gie to the local donor meeting in Jakarta on Dec. 14. This is the first of two articles.

Former E. Timor councilors want pay

Former E. Timor councilors want pay KUPANG, East Nusa Tenggara: As many as 19 former East Timor councilors met with representatives from the East Nusa Tenggara administration here on Monday to demand the government compensate them for lost income.

IBRA settles interbank claims

IBRA settles interbank claims JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) has completed the verification of Rp 935 billion plus US$9.6 million worth of interbank claims, according to agency deputy chairman Sumantri Slamet.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 20, 1999: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 1,175 75 339,500 Alakasa Industrindo 700 0 0 Alter Abadi 425 0 0 Alumindo Light Metal 1,075...

Cilacap fray causes Rp 300m in losses

Cilacap fray causes Rp 300m in losses BANYUMAS, Central Java: Damage from last week's riot at a plantation belonging to PT Ciseru is estimated to run to about Rp 300 million, local police chief Col. Carel Risa Kotta said on Monday.

Minister seeks more funds for national education

Minister seeks more funds for national education YOGYAKARTA (JP): Minister of National Education Yahya Muhaimin has proposed the budget for national education program be increased by 28 percent to Rp 25 trillion for the 2000/2001 fiscal year.

Rp 200m sought for drug possession

Rp 200m sought for drug possession JAKARTA (JP): A prosecutor demanded the Central Jakarta District Court on Monday sentence defendant Rusli Patinah to seven years in jail and a fine of 200 million (US$28,570) for possession of ecstasy tablets.

Dynaplast buys plastic packaging company

Dynaplast buys plastic packaging company JAKARTA (JP): Shareholders of plastic crate and components manufacturer PT Dynaplast approved on Monday the management's proposal to acquire plastic bottle molder PT Sanpak Unggul for Rp 35.4 billion (US$5 million).

Ramadhan time for Jakarta

Ramadhan time for JakartaTuesday Maghrib 6:08 p.m.Wednesday Imsak 4:04 a.m.Subuh 4:14 a.m.

Petrus sues police over arrest

Petrus sues police over arrest JAKARTA (JP): Lawyer Petrus Bala Pattyona filed suit at the South Jakarta District Court on Monday, protesting his arrest by city police officers last week.The suit named Jakarta Police chief Maj. Gen. Noegroho Djajoesman as defendant.

Police search for taxi driver killers

Police search for taxi driver killers JAKARTA (JP): North Jakarta police detectives were still searching four murder suspects, who viciously stabbed an unidentified taxi driver to death, before fleeing and leaving the driver in the taxi, near the Penjaringan tollgate, on Sunday night, an officer...

Blessed are the ignorant?

Blessed are the ignorant? With the year 2000 just around the corner and the specter of the feared millennium computer bug advancing closer, governments around the globe appear to be increasingly busy preparing their citizens for the possibility of a slew of technological disasters beginning at the...

Garuda wins debt payment rescheduling

Garuda wins debt payment rescheduling JAKARTA (JP): President Abdurrahman Wahid said on Monday national flag carrier Garuda Indonesia had reached an agreement with its foreign creditors to reschedule its US$1.8 billion in debt.

Liquor trucks seized in Semarang

Liquor trucks seized in Semarang SEMARANG: Police in a sweep of the area have seized what amounts to two full truckloads of illegal liquor from vendors in three villages in the Banyumas regency, Central Java Police spokesman Lt. Col. M. Ramlie said.

KL bourse ready for Y2K

KL bourse ready for Y2K KUALA LUMPUR (Reuters): Malaysia's securities regulator said on Monday the nation's capital market is ready to face the Y2K rollover and a readiness test involving over 100 market institutions and intermediaries was successful.

European Union enlargement: A Euro Babel in waiting?

European Union enlargement: A Euro Babel in waiting?By Joe L. Spartz JAKARTA (JP): Following the recently concluded European Union summit meeting in Helsinki, the official list of new member candidates, including Turkey, has now been extended to 13 which could ultimately increase EU member...

Festive season security in Bogor

Festive season security in Bogor BOGOR (JP): In a move to maintain security and order over the Christmas, New Year and Idul Fitri celebrations, Bogor Police will make the security of places of worship a top priority.

Thai third quarter GDP up by 7.7 percent

Thai third quarter GDP up by 7.7 percent BANGKOK (Reuters): The Thai economy grew at its fastest rate for four years in the third quarter, exceeding market expectations, a government think tank said on Monday.

Student gets seven years for murder

Student gets seven years for murder BOGOR (JP): A 22-year-old student and drug addict named Rino Siswanto was sentenced on Monday to seven years in jail by Bogor District Court for robbery and accidentally killing a housemaid in a house at Taman Cimanggu here six months ago.

Thai govt stands firm

Thai govt stands firm BANGKOK (Reuters): Thai Prime Minister Chuan Leekpai said he had no intention of reshuffling his Cabinet or dissolving parliament after easily surviving a no-confidence vote on Monday, but admitted a five-day censure debate exposed some weak points.

Governor upbeat over city's future

Governor upbeat over city's future JAKARTA (JP): Although acknowledging that Jakarta will have its central government subsidy slashed once the regional autonomy policy is implemented, Governor Sutiyoso expressed confidence on Monday that the city could survive regional competition.

CSIS asked to prove that its serves the nation

CSIS asked to prove that its serves the nation JAKARTA (JP): President Abdurrahman Wahid called on the Centre for Strategic and International Studies (CSIS) to heed criticism it had become overly exclusive, urging the 28-year-old think tank to demonstrate its work served the entire nation.

Buyung faces dismissal from YLBHI's board of trustees

Buyung faces dismissal from YLBHI's board of trustees JAKARTA (JP): Senior lawyer Adnan Buyung Nasution is facing dismissal from the board of trustees of the Indonesian Legal Aid Foundation (YLBHI) for allegedly veering from the core ideals of the organization.

Free Aceh unthinkable

Free Aceh unthinkable Secessionist movements are strange affairs. They are nothing if not local. The grievances that cause them are local; their partisans are rooted to the soil; and they seek to affirm a local identity by detaching themselves from a larger entity.

Violence in Aceh

Violence in Aceh Various circles mainly those involved in human rights affairs have asked the Indonesian Military (TNI) and National Police to stop the violence in Aceh in the wake of the Peureulak and Peusangan incidents, which claimed victims among inhabitants and security personnel.

Japan resumes RI's loan program

Japan resumes RI's loan program JAKARTA (JP): Japan has resumed its US$200 million loan program to Indonesia to help finance agriculture infrastructure development in a bid to ensure food security, officials at the Ministry of Agriculture said.

Agus urges PBSI to name team manager soon

Agus urges PBSI to name team manager soon JAKARTA (JP): The Badminton Association of Indonesia (PBSI) vice chairman, Agus Wirahadikusumah, said the organization must appoint a team manager for the 2000 Thomas and Uber Cups soon.

Two big burial sites found in East Timor

Two big burial sites found in East Timor MAUBARA, East Timor (Agencies): Peacekeepers in East Timor found 26 bodies at two separate burial sites on Monday they fear might contain more than 100 victims massacred by anti- independence militiamen and Indonesian troops.

Mines ministry too vital to be phased out: Bambang

Mines ministry too vital to be phased out: Bambang JAKARTA (JP): The mining and energy sectors, because of their strategic natures, should continue to be overseen by the central government, Minister of Mines and Energy Susilo Bambang Yudhoyono said on Monday.

Sumatran tiger on the prowl toward extinction

Sumatran tiger on the prowl toward extinctionBy Emma Cameron JAKARTA (JP): In the last two years, 66 Sumatran tigers have been found ready for illegal sale in markets in Sumatra by the World Wide Fund for Nature (WWF).

Earthquake awakes sleeping Jayapura

Earthquake awakes sleeping Jayapura JAYAPURA, Irian Jaya: An earthquake measuring 6.1 on the Richter scale hit the provincial capital in the small hours of Monday morning, but did not cause any serious damage other than a few hours of lost sleep.The tremor which occurred at 2:44 a.m.

Asian currencies end mostly flat-higher

Asian currencies end mostly flat-higher HONG KONG (Dow Jones): The majority of Asian currencies ended local hours Monday flat to a touch higher, as regional markets stagnated ahead of the end of the year.

Prudential forms China JV

Prudential forms China JV LONDON (Reuters): Britain's largest life assurance group Prudential Plc said on Monday it would form a joint venture with China's investment flagship, China International Trust and Investment Corp (CITIC).

Oil down despite Iraq's rejection of UN deal

Oil down despite Iraq's rejection of UN deal SINGAPORE (Reuters): Crude oil prices were lower in Asia on Monday, despite Iraq's rejection of a sanctions-easing resolution adopted by the UN Security Council.January New York Mercantile Exchange (NYMEX) crude futures were last traded at US$26.

Korea donates to ASEAN Foundation

Korea donates to ASEAN Foundation JAKARTA (JP): Diplomatic notes were signed here for a US$200,000 contribution by the Republic of Korea to the ASEAN Foundation on Monday.The donation was handed over in a signing ceremony between the chairman of the foundation's board of trustees, Somphand...

Conversion Rates

Conversion RatesBank Indonesia's conversion rates on Dec. 20, 1999: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,050.00 7,120.00Australian dollar 1 4,526.10 4,574.60Austrian schilling 1 516.08 521.73Belgian franc 1 176.04 177.97Brunei dollar 1 4,210.71 4,255.06Canadian dollar 1 4,771.

Two missing in Sawu Sea

Two missing in Sawu Sea MAUMERE, East Nusa Tenggara (JP): Two fishermen from Lamaole village, Solor Island, East Flores, were reported missing in the Sawu Sea after being caught in a fierce storm on Wednesday.

Sutiyoso told to resign over 1996 incident

Sutiyoso told to resign over 1996 incident JAKARTA (JP): About 500 activists of the Society of Victims of the July 27, 1996 Tragedy protested in front of City Hall on Monday, demanding Governor Sutiyoso step down following his alleged involvement in the 1996 incident.

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Songs 9:00 Music 10:30 Interval 2:00 p.m. News 2:30 Documentary 3:00 Music 4:00 Regional News 4:30 Ramadhan Program 6:00 Sports 6:30 News (in English) 7:00 Evening News 7:30 Talk Show 8:00 Music 9:00 World News 9:35 Koran Recital...

Noegroho urges public to stop wanton destruction

Noegroho urges public to stop wanton destruction JAKARTA (JP): Jakarta Police chief Maj. Gen. Noegroho Djajoesman urged Greater Jakarta residents on Monday to stop taking the law into their own hands through destruction of property."Just hand over your problems to the police.

Soedjatmoko's wise lessons live on today

Soedjatmoko's wise lessons live on todayBy Mochtar Buchori JAKARTA (JP): Ten years ago today, Indonesia lost one of its great sons, Soedjatmoko Saleh Mangoendiningrat, or Koko as he was known by members of his family and those close to him.

5,900 buses for holiday exodus

5,900 buses for holiday exodus SEMARANG: The Central Java administration has prepared 5,960 buses in anticipation of a massive exodus to and from Jakarta during the holiday season."Already 5,456 buses are operating, while another 404 buses are ready as a backup," the head of provincial land...

'First steps' taken to rebuild Australia-RI relations: Downer

'First steps' taken to rebuild Australia-RI relations: Downer MACAU (AFP): The "first steps" to restoring relations between Australia and Indonesia have been taken on the sidelines of Macau's handover ceremony, Australian Foreign Minister Alexander Downer said Monday.

Bouraq resumes S'pore flight

Bouraq resumes S'pore flight SINGAPORE (AFP): Indonesia's Bouraq Airlines resumed operations in Singapore Monday following an 18-month lay off due to the region's financial crisis, said the Civil Aviation Authority of Singapore (CAAS).

PLN chiefs resign in protest over govt policy on Paiton

PLN chiefs resign in protest over govt policy on Paiton JAKARTA (JP): President of state electricity company PT PLN Adhi Satriya and the company's planning director Hardiv Situmeang tendered their resignations on Monday in protest over the government's handling of its dispute with independent power...

Y2K team sets up alert post

Y2K team sets up alert post JAKARTA (JP): Urging the public to go about their business as usual on New Year's Day, the government said on Monday it had taken precautions against possible computer glitches affecting public services at the turn of the millennium.J.B.