Indonesian Political, Business & Finance News

Archive: 3 December 1999

55 articles found

At least three die as ferry sinks

At least three die as ferry sinks PEKANBARU, Riau: The Dumai Express VI ferry carrying 200 passengers caught fire and sank in the Malaka Straits on Thursday morning killing at least three people. Antara reported that search crews had so far found three bodies while more than 100 others were still missing. The Bengkalis Police Chief Capt. Asman Yunir said survivors were brought to the Bengkalis local hospital.

Wismoyo urges Ananda to set new goals

Wismoyo urges Ananda to set new goals JAKARTA (JP): The Indonesian Sports Council's (KONI) chairman Wismoyo Arismunandar urged on Wednesday rising Formula 3000 auto racing star Ananda Mikola to improve his performances, despite his success in both national and international events. "We all know that you have succeeded in becoming a good auto racer but I urge you to progress more.

City to build large-scale chicken slaughterhouse

City to build large-scale chicken slaughterhouse JAKARTA (JP): The city administration is to build its first large-scale chicken slaughterhouse in a bid to fully control the quality of the meat distributed to the market, a city official said on Thursday. Sri Mulyono, a senior official from the city livestock husbandry agency, said the new slaughterhouse was urgently needed.

Emil Salim appointed to chair economic council

Emil Salim appointed to chair economic council JAKARTA (JP): Distinguished Indonesian economist Emil Salim, who was also a long-serving minister under former president Soeharto, has been appointed as chairman of the newly formed National Economic Council. Emil said on Thursday that the council's members had made the selection.

RI karatekas grab no golds but net three silvers, three bronzes

RI karatekas grab no golds but net three silvers, three bronzes JAKARTA (JP): Novilus Tedius Yoku and Sonny Simangasing contributed on Thursday more medals for Indonesia on the second day of the Asian Union Karate Organization (AUKO) championships in Singapore. Irianese-born Novilus, the 1999 Southeast Asian (SEA) Games gold medalist in the men's open class, earned a silver after losing to Ka Firaee 2-4 of Iran in the below 75-kilogram class.

Police investigate teenager's death

Police investigate teenager's death TANGERANG (JP): Local police are investigating the death of Syarifuddin, 15, a junior high school student from Gunung Sindur, Bogor, whose body was found in a housing and business complex in Serpong, Tangerang, on Monday. "We've questioned several people who were the last to see the victim," Tangerang Police chief Lt. Col. Pudji Hartanto said on Wednesday.

Portuguese FM pledges to help rebuild E. Timor

Portuguese FM pledges to help rebuild E. Timor DILI, East Timor (AFP): Portuguese Foreign Minister Jaime Gama pledged Lisbon's help in building a free East Timor on the first high-level Portuguese visit here since Portugal abruptly left the territory in 1975.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Dec. 02, 1999: Bank notes rates Buying Selling Rp Rp U.S.

Court warns Paiton over seeking arbitration

Court warns Paiton over seeking arbitration JAKARTA (JP): The Central Jakarta District Court ordered independent power producer PT Paiton Energy on Thursday to desist from pursuing arbitration against state electricity company PT PLN while examination of the parties' dispute was in progress in the court. The court threatened Paiton with US$600 million in penalties if it did not comply with the ruling.

Sinivasan named suspect in $1.35b scandal

Sinivasan named suspect in $1.35b scandal JAKARTA (JP): Marimutu Sinivasan, the owner of the giant Texmaco business group, was formally named on Thursday as a suspect in a Rp 9.6 trillion (US$1.35 billion) loan scandal at state banks. Attorney General Marzuki Darusman wasted no time in announcing the decision at a media conference soon after he received the documents relating to Texmaco's huge loan transactions from State Minister of Investment and State Enterprises Laksamana Sukardi.

Mahathir's successor

Mahathir's successor Although Malaysian Prime Minister Mahathir Mohamad won the two-thirds majority he sought in the election, it was not quite the ringing endorsement of his policies he was hoping for. Four Cabinet ministers lost seats, and the opposition Parti Islam SeMalaysia (PAS), with its religious fundamentalist background, gained power in two important northern states. But for the moment, Mahathir can afford to smile.

KL palm mixed despite reports of RI oil ban

KL palm mixed despite reports of RI oil ban KUALA LUMPUR (Reuters): Malaysian palm oil prices ended mixed on Thursday despite reports that Europe has effectively banned imports of Indonesia crude palm oil. Traders reported selling due to softer soyoil prices although speculative buying was seen at the lower levels. "The market looks very uncertain. (Reports that) Europe has banned imports from Indonesia has no strong impact today," said a trader in an exporting firm.

PRSI in deep water in choosing new chairman

PRSI in deep water in choosing new chairman JAKARTA (JP): The Indonesian Swimming Federation (PRSI) is likely to face a deadlock at its upcoming national congress because only two of its provincial chapters named candidates for the body's chairmanship by Thursday. The congress' organizing committee chairwoman, Lisa F. Siregar, said on Thursday that so far only East Java and Jambi chapters named candidates.

Outlook still dim for Jakarta hotel industry in 2000

Outlook still dim for Jakarta hotel industry in 2000 JAKARTA (JP): The hotel industry in the capital expects a slow recovery in 2000 despite signs of improvement in the country's economy and social and political climate, according to consultant firm Horwath Asia Pacific. The company said in its year-end report most hoteliers still strongly believed Indonesia's image would remain bad, despite the public's positive response to the establishment of a new government. "Human rights abuses ...

Australian held for violating visa

Australian held for violating visa JAKARTA (JP): Police intelligence officers are questioning an Australian national over his participation in a number of street protests here, city police spokesman Lt. Col. Zainuri Lubis said on Tuesday. By participating in the rallies on labor and political issues, the suspect, identified as Christopher, violated existing immigration regulations, he said. "Christopher came here on a tourist visa, but he was here to take part in street protests.

Three killed in Aceh armed clash

Three killed in Aceh armed clash BANDA ACEH, Aceh (JP): One soldier and two civilians were killed on Thursday in an armed clash between the Indonesian Military (TNI) and the separatist Free Aceh Movement (GAM) in Meulaboh, West Aceh, ahead of the movement's anniversary on Saturday. There continue to be contradictory explanations on the circumstance surrounding the death of the two civilians, but it is confirmed that the incident was sparked by a clash between troops and separatist forces.

Government, public urged to respect the disabled

Government, public urged to respect the disabled JAKARTA (JP): The Indonesian Association of Disabled People called on the government and the public to respect the rights of the physically challenged. Association chairman Koesbiono Sarmanhadi said the existence of a law guaranteeing the rights of the disabled did not prevent people and the government from violating these rights. He urged the government to ensure Law No. 4/1997 was properly implemented and enforced.

Airlines' service

Airlines' service It has taken me several days to finally calm down from the frustration I felt with Garuda, Merpati and Selaparang Airport Authority in Lombok, West Nusa Tenggara. I wanted to write a complaint to them, instead I am now more inclined to give advice to the above parties on how to improve if they want to stay in business in the future. 1. Service: There is nothing that can ruin your whole day more than when you have to check-in at the Soekarno-Hatta Airport at 7 a.m.

On Islam-Israel ties

On Islam-Israel ties In response to my letter in The Jakarta Post on Nov. 17, 1999, entitled Israel destroys mosques, Mr. Kevin Price accused me of being prejudiced and one-sided and did nothing to promote the cause of peace. He also said that I did not realize that Israel has already been diplomatically recognized by Egypt, Jordan and PLO (the Post, Nov. 25, 1999). It's his right to say that.

Morning Star flag hoisting in Timika leaves 55 injured

Morning Star flag hoisting in Timika leaves 55 injured JAYAPURA, Irian Jaya (JP): Fifty-five people were injured when security personnel opened fire on a crowd of about 3,000 people in Timika, Irian Jaya on Thursday after they attempted to stop police from lowering the separatist West Papua Morning Star flag.

Military pledges to support govt dialog with Acehnese

Military pledges to support govt dialog with Acehnese JAKARTA (JP): Despite mounting clashes in Aceh, the Indonesian Military (TNI) said it was giving room to the government to allow it to find a peaceful outcome to the problems in the troubled province.

'RCTI' drops 'Syanghyang Dedari'

'RCTI' drops 'Syanghyang Dedari' DENPASAR, Bali (JP): The private TV station, RCTI, has dropped the Balinese dance show, Sanghyang Dedari, from its Millennium Day Broadcast scheduled for the New Year's Eve program following a request from the local administration.

Taufik notches first win as Arbi struggles

Taufik notches first win as Arbi struggles BANDAR SERI BEGAWAN (Agencies): Indonesian boy wonder Taufik Hidayat bounced back from a shock defeat to notch his first win of the Final Grand Prix at the Hassanal Bolkiah Stadium Thursday. The classy 18-year-old -- who was beaten by Malaysia's Wong Choong Han in a shock upset Wednesday -- was a comfortable 15-10, 15-10 winner over China's Xia Xuanze.

Minister complains over lack of staff

Minister complains over lack of staff SEMARANG: After being in office for only a month, Minister of Maritime Exploration Sarwono Kusumaatmadja asserted that he is the only staff member in the newly-formed ministry. "Well, I have one member of staff. Myself," he quipped during the opening of a Marine Conference on Wednesday night. "I have to start from zero and prepare everything first. Imagine, there is no office, no directorate generals and no budget.

Nightspots urged to stop business during Ramadhan

Nightspots urged to stop business during Ramadhan BOGOR (JP): Local authorities have suggested owners of all entertainment centers here agree to demands aired by different organizations recently and temporarily close their businesses prior to and during the Ramadhan fasting month. "We were tipped-off a couple of days ago that mobs would burn the nightspots here (should the management fail to meet their calls)," E.

Police seize 502 video recorders, arrest two

Police seize 502 video recorders, arrest two JAKARTA (JP): Jakarta Police detectives on Tuesday arrested two suspected thieves and confiscated 502 video recorders worth Rp 1 billion (US$142,857) from a warehouse in Penggilingan, North Jakarta. "All of the video recorders were stolen in October from a warehouse in Cikarang, Bekasi," chief of the city police detectives subdivision Capt. Riad said on Wednesday.

Taxi driver jailed for robbing passenger

Taxi driver jailed for robbing passenger JAKARTA (JP): A district court judge sentenced on Thursday a taxi driver to 14 months in jail for a robbery which occurred in September. "Defendant Yakub Harahap is guilty of violating article 365 of the Criminal Code," presiding judge Hupojo said in a hearing at the Central Jakarta District Court. At a previous hearing, prosecutor Nurfah demanded the court sentence the defendant to 19 months in prison.

Good and evil are balanced in the 'Barong'

Good and evil are balanced in the 'Barong' By Mehru Jaffer JAKARTA (JP): All human anxieties are traced back to birth, for birth is believed to be beautiful and bewildering. It is a cause for celebration and a reason to cry. Birth is creation but it is also a painful split from the whole. Human beings rejoice at the thought of being alive but they also spend a good part of their life wandering from pillar to post in their quest to become whole again.

U.S. resumes GSM credit for Indonesia

U.S. resumes GSM credit for Indonesia JAKARTA (JP): The U.S. Department of Agriculture (USDA) has resumed its credit guarantee facilities for the importation of agricultural products from the United States. The USDA announced on Thursday that the GSM-102 credit program, which offers total guarantees of US$400 million for a range of 27 commodities including cotton, soybeans, wheat, soybean meal, wood, pulp and solid wood products is once again being made available to Indonesian importers.

Portugal's aid for E. Timor

Portugal's aid for E. Timor LISBON (Reuters): Portugal pledged on Thursday US$225 million of aid over three years to help its ravaged former colony East Timor make the transition to statehood. Foreign Minister Jaime Gama made the announcement in Dili, capital of the territory formerly occupied by Indonesia, during a brief visit to East Timor. "The amount will be around $75 million a year during three years," he told a news conference according to Portuguese radio and television reports.

Hashim says IBRA's statement `misleading'

Hashim says IBRA's statement `misleading' JAKARTA (JP): Businessman Hashim S. Djojohadikusumo regretted on Thursday the threat of a senior official from the Indonesian Bank Restructuring Agency (IBRA) to take legal action against him if he failed to settle the obligations of two of his closed banks. Hashim said the IBRA official had not been involved in the discussion to settle the debts of Bank Pelita and Bank Istismarat.

City strives to adopt new underground utility system

City strives to adopt new underground utility system JAKARTA (JP): City administration will require all construction contractors to deploy an integrated underground utility network system to develop the city's public utility system. The deputy governor for development affairs, Budihardjo Sukmadi, said on Thursday that it was time to replace the old "open trench system", which was time-consuming and economically inefficient.

Government asked to issue decree suporting antidrug campaign

Government asked to issue decree suporting antidrug campaign JAKARTA (JP): An antidrug activist called on Thursday for the government's full support in a nationwide campaign against drugs. Deputy chairman of the People's Antidrug Movement (GERAM) Brig. Gen. (ret) Antonius Tifaona urged the government to back up its antidrug stance with legislation.

Marxists attack RP's Shell office

Marxists attack RP's Shell office MANILA (Reuters): Marxist guerrillas fired a grenade and shot at the main office of one of the Philippines' largest oil firms on Thursday, and warned of more attacks unless oil firms stop raising fuel prices. The dawn blast -- described by rebels as their "Christmas gift" to multinational companies -- shattered windows and injured a guard at the Pilipinas Shell Petroleum Corp. office in Manila's Makati financial district.

Education tax for private universities

Education tax for private universities YOGYAKARTA: The provincial administration here is planning to impose an education tax on students in private universities to contribute to Yogyakarta's regional revenue. The Regional Revenue Agency handed over a proposal to the provincial council on Thursday, saying that a levy of between Rp 50,000 and Rp 100,000 would be imposed on each new student entering private university in Yogyakarta. "They'll only pay once, when they enter the university.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 02, 1999: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 1,200 0 328,000 AHAP Insurance 550 0 0 Alakasa Industrindo 700 0 0 Alter Abadi 425 0 179,000 Alumindo Light Metal 1,025 -25 157,500 Aneka Kimia Raya 550 0 49,500 Aneka Tambang (Persero) 1,325 -25 799,000 Anwar Sierad 300 25 272,500 APAC Centertex Corp.

Sujud Sutrisno sings for his supper from door to door

Sujud Sutrisno sings for his supper from door to door By Ahmad Solikhan YOGYAKARTA (JP): A skinny man with a small drum and tape recorder hanging from his neck weaves his way in and out of a rabbit's warren of kampongs, with laughing children dogging his every step. He is no ordinary wandering singer. Sujud Sutrisno, 46, is known for entertaining with ribald songs that keep people laughing throughout the performance.

House commission recommends Aceh referendum

House commission recommends Aceh referendum JAKARTA (JP): A special House of Representatives committee on Aceh concluded its work on Thursday by recommending a referendum in the restive province, but neglected to include the option of independence. A referendum was among the 10 recommendations to be later brought before a plenary session of the House by the special committee.

Asian currencies quiet but won hits high for the year

Asian currencies quiet but won hits high for the year HONG KONG (Dow Jones): The South Korean won surged in response to a rash of bullish economic data, hitting its highest level since January during intraday trading Thursday. Dealing in other Asian foreign exchange markets was quieter. The New Taiwan dollar closed almost unchanged on relatively low transaction volumes.

RI to remove barriers for visa applicants from China

RI to remove barriers for visa applicants from China By Kornelius Purba BEIJING (JP): President Abdurrahman Wahid criticized Indonesia's overly-strict immigration regulations for Chinese citizens entering Indonesia, saying the tight policy was merely a ruse to extort money from visa applicants.

Scholarships from Rio Tinto

Scholarships from Rio Tinto JAKARTA (JP): The Rio Tinto Foundation, formed by Anglo- Australian mining company Rio Tinto, signed on Thursday a memorandum of understanding (MOU) with East Kalimantan's environmental supervision office to promote the knowledge of the latter's staff on the environment.

Defending champion Panasia shoots for Kobatama hat trick

Defending champion Panasia shoots for Kobatama hat trick JAKARTA (JP): Defending champion Panasia Indosyntec is out for its third consecutive crown in the A Mild Kobatama national basketball league. "I want Panasia to win this year's Kobatama title. I want my club to create a hat trick because if we can win the title three times, the trophy will be ours," said Panasia's leading center Saut Lambok Johnson.

Woods sends birthday wishes to Thai king

Woods sends birthday wishes to Thai king BANGKOK (AP): Golf's player of the year Tiger Woods has sent a birthday greeting to Thailand's revered King Bhumibol Adulyadej, who turns 72 on Sunday amid intense national celebrations. Foreign ministry spokesman Don Pramudwinai told news organizations on Wednesday that United States golfing sensation Woods, whose mother is Thai, was among the overseas well-wishers who sent the king greetings.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Photo Exhibition: Mendongeng Dengan Foto by H. Boediardjo, at Galeri Foto Cahya, Plaza Menteng, 2nd floor, Jl. H.O.S. Cokroaminoto 79, Menteng (Phone: 3907623), Central Jakarta, 10 a.m. to 8 p.m., until Dec. 13. * Photo Exhibition: Mendongeng by, at Galeri Foto Cahya, Plaza Menteng, 2nd floor, Jl. H.O.S. Cokroaminoto 79, Menteng (Phone: 3907623), Central Jakarta, 10 a.m. to 8 p.m., until Dec. 13.

Nest of extortionists

Nest of extortionists From Media Indonesia The government's efforts to give the best services to Indonesian workers returning home from jobs overseas have not yielded results as yet. This is mainly caused by the absence of any measures taken against frauds and extortionists. Moreover, there is an apparent lack of control. The gathering of the workers at Terminal III makes it easier for the extortionists, cheaters and hoaxers to act. 1.

Government mulls altering Jamsostek's status

Government mulls altering Jamsostek's status JAKARTA (JP): The government is considering to change the status of state-owned social insurance company PT Jamsostek into a non-profit organization as part a reform program in the country's social security system, Minister of Manpower Bomer Pasaribu said on Thursday. Bomer said the change was needed to ensure that all the money raised by the insurance company was used for the welfare of the workers.

Satelindo launches new card

Satelindo launches new card KUTA, Bali (JP): Telecommunications service provider PT Satelit Palapa Indonesia (Satelindo) launched on Wednesday a new prepaid calling card named Passcall for international calls. Satelindo public relations manager Tb Ade Lukman said the card could be used to call overseas from fixed line phones at home, public pay phones or mobile phones by simply dialing the card and holders' identification numbers.

Mining key to RI economy

Mining key to RI economy SYDNEY (Dow Jones): Indonesia's mining and energy sector will be one of the key contributors to the Indonesian government's efforts to spur the reconstruction of the country's economy, Sabam P. Siagian, chairman of the Indonesia-Australia Business Council, said Thursday. Sabam, director of The Jakarta Post and a former Indonesian ambassador to Australia, was speaking to reporters in Sydney.

Indonesia's maritime resources 'still underexploited'

Indonesia's maritime resources 'still underexploited' JAKARTA (JP): Indonesia's huge maritime resources, especially in the eastern part of the country, remain under-exploited, a seaweed businessman told a seminar here on Thursday. Chairman of the Bosowa group Aksa Mahmud told the seminar that seaweed cultivation was promising because it was labor-intensive and only needed simple technology.

Rudy asserts right to control of Bank Bali

Rudy asserts right to control of Bank Bali JAKARTA (JP): A day after the South Jakarta District Court dismissed charges of banking crimes against him, Rudy Ramli stepped up on Thursday his campaign to win back Bank Bali from the U.K.-based Standard Chartered Bank (SCB). Rudy said he was now fighting another battle to have the State Administrative Court annul the banking authority's decision to take over his bank on April 23 and put it under SCB's management.

Lax upholding of law impeding Maluku's reconciliation

Lax upholding of law impeding Maluku's reconciliation Clashes in the Maluku islands have gone on for almost one year after they first broke out on Jan. 19. Thirty-eight people died in the latest clash, while tens of thousands have fled. Jacob W. Ajawaila, the head of a study team on intergroup conflict under the Pattimura University in Ambon, recently replied to written questions from The Jakarta Post.

Yayuk in with chance for Olympics' women's doubles

Yayuk in with chance for Olympics' women's doubles JAKARTA (JP): Although semiretired and now a mother, former Indonesian number one women's tennis player Yayuk Basuki could still qualify for the women's doubles competition in the 2000 Olympic Games in Sydney. Indonesian Tennis Association (Pelti) spokesman Benny Mailili said on Thursday that Yayuk held a special ranking of 16 in doubles in the Women's Tennis Association (WTA) rankings.

The Balibo Declaration revisited

The Balibo Declaration revisited By Aboeprijadi Santoso AMSTERDAM (JP): With the recent visit of East Timorese leader Jose Alexandre "Xanana" Gusmao to Jakarta to meet his old friend President Abdurrahman Wahid, or Gus Dur, the two leaders have begun a new relationship between Indonesia and Timor Lorosae. Only a few weeks ago the two men -- Gus Dur and Gusmao -- were partners and opposition leaders in Jakarta.

Govt policy on asset dispositions under IBRA

Govt policy on asset dispositions under IBRA The following is an excerpt from the address of Coordinating Minister for Economy, Finance and Industry Kwik Kian Gie at a luncheon among others organized by the Indonesia-Australia Business Council on Tuesday. JAKARTA: The question of the role of the government in the domestic economy has taken on new meaning over the past two years.

Axis Force to retaliate against external threats

Axis Force to retaliate against external threats JAKARTA (JP): The "axis force", a loose coalition of political parties led by Amien Rais, warned it would retaliate against attempts to undermine its strength.