Archive: 7 December 1999
56 articles found
Tue, 07 Dec 1999, 00:00 WIB
Rahardi reelected as swimming body chairman
Rahardi reelected as swimming body chairman JAKARTA (JP): Rahardi Ramelan was unanimously reelected chairman of the Indonesian Swimming Federation (PRSI) for a second four-year term in the two-day national congress which ended on Monday. Rahardi, who replaced Ginandjar Kartasasmita in 1996, will appoint new officials together with PRSI provincial chapter representative Taufiqurrohman and sports expert Mangombar Ferdinand Siregar within 30 days. Four other candidates -- military commander Adm.
Tue, 07 Dec 1999, 00:00 WIB
Banten: Home of nature, wildlife and marine life
Banten: Home of nature, wildlife and marine life By I. Christianto JAKARTA (JP): Many people have heard of Ujung Kulon National Park, an amazing area of diversity in West Java. But what people may not realize is that Banten, the area in which Ujung Kulon is situated, is home to an immense variety flora and fauna as well as marine life in an affluent ecosystem.
Tue, 07 Dec 1999, 00:00 WIB
Timor Gap oil treaty transition smooth: Downer
Timor Gap oil treaty transition smooth: Downer CANBERRA (Dow Jones): The sovereign transfer to East Timor of a treaty covering royalties from oil and gas production in the Timor Sea is proceeding smoothly, Alexander Downer, Australia's foreign minister said Monday. The treaty, signed in 1989 between Australia and Indonesia, is being transferred to East Timor following the former Indonesian province's Aug. 30 vote for independence.
Tue, 07 Dec 1999, 00:00 WIB
Rudy beats national player in c'ship
Rudy beats national player in c'ship SEMARANG (JP): Former member of the national badminton center, Ignatius Rudy, was the surprising winner over national second stringer Yudi Suprayogi in the men's senior singles final of the 1999 national badminton championship at Jatidiri Stadium here on Sunday night. The Jakarta player's success earned him plaudits from the Badminton Association of Indonesia (PBSI) executive chairman Karsono and PBSI training director Christian Hadinata.
Tue, 07 Dec 1999, 00:00 WIB
Rebuilding educational links between Indonesia and Australia
Rebuilding educational links between Indonesia and Australia By Emma Cameron JAKARTA (JP): Australia made about A$380 million (US$240 million) from Indonesian students studying in Australia in 1998. Although relations are getting better between the two countries after some recent problems, Indonesians on the streets still express some concerns about their safety in Australia should they choose to travel there. So how is this concern affecting the highly lucrative world of international study?
Tue, 07 Dec 1999, 00:00 WIB
Wicaksana books higher sales
Wicaksana books higher sales JAKARTA (JP): PT Wicaksana Overseas International announced on Monday a 50 percent increase in net sales to Rp 1.92 trillion (about US$271.4 million) during the nine months ending in September. The company said its gross profit reached a total of Rp 151.7 billion over this period, a rise of 7.3 percent from the same period last year. Operating profit climbed to Rp 60.6 billion from Rp 58.9 billion in the same period last year, it said.
Tue, 07 Dec 1999, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 06, 1999: Shares Close Change Trading Volume ---------------------------------------------------------------- Ades Alfindo 1,200 0 349,500 Alakasa Industrindo 700 -25 5,000 Alter Abadi 450 0 12,500 Alumindo Light Metal 1,125 -25 320,500 Aneka Kimia Raya 650 50 45,000 Aneka Tambang (Persero) 1,325 -50 2,820,000 Anwar Sierad 325 0 130,000 APAC Centertex Corp.
Tue, 07 Dec 1999, 00:00 WIB
Root out CPO plunderers
Root out CPO plunderers After reading an article entitled Chain of the Crude Palm Oil Trade (CPO) in a Jakarta newspaper on Nov. 30 which described the highhandedness and wickedness of the CPO plunderers, I think there is no other way but for the police and military to immediately apply shock therapy and wage total war against them. If no action is taken the brutality of the plunderers will intensify.
Tue, 07 Dec 1999, 00:00 WIB
Japan to help Indonesia's small and medium companies
Japan to help Indonesia's small and medium companies JAKARTA (JP): The Japan External Trade Organization (JETRO) pledged on Monday to help develop Indonesian small and medium enterprises which could support the relocation plans of Japanese factories to Indonesia. JETRO president for Indonesia, Ikuta Shoichi, said many Japanese companies wanted to relocate their production plants to Indonesia because of the low labor costs and the abundance of natural resources.
Tue, 07 Dec 1999, 00:00 WIB
Where should Indonesian agricultural policy go?
Where should Indonesian agricultural policy go? A debate has been raging on the course that Indonesian agricultural policy under the new government should be taking. The Jakarta Post talked to H.S. Dillon, executive director of the Center for Agricultural Policy Studies about the issue. Question: There seems to be an ample supply of rice in the markets -- are our food problems finally over? Answer: Only for the very rich. Our national food security has been badly compromised.
Tue, 07 Dec 1999, 00:00 WIB
Government to negotiate with GAM: Wiranto
Government to negotiate with GAM: Wiranto JAKARTA (JP): Coordinating Minister for Political Affairs and Security Gen. Wiranto commended on Monday the peaceful commemoration of the Free Aceh Movement (GAM) anniversary, disclosing the government's readiness to negotiate with the separatist movement's leaders.
Tue, 07 Dec 1999, 00:00 WIB
Government scales down 1999/2000 budget deficit estimate
Government scales down 1999/2000 budget deficit estimate JAKARTA (JP): Finance minister Bambang Sudibyo revised downward the 1999/2000 budget deficit to 3.75 percent of gross domestic product (GDP) from an earlier estimate of 4.8 percent. Speaking at a working session with the House's budget committee on Monday, Bambang said the lower estimated deficit was due to higher oil prices and the rescheduling of the government's overseas debts.
Tue, 07 Dec 1999, 00:00 WIB
A spiral of violence
A spiral of violence As the communal violence continues to drag on in the eastern Indonesian province of Maluku -- the former spice islands of the Moluccas -- it increasingly appears that even the authorities are at a loss on how to deal with the unrest that has so far claimed hundreds of lives. According to police records, almost a year after the first skirmish erupted on Jan.
Tue, 07 Dec 1999, 00:00 WIB
Bogor to get new police chief
Bogor to get new police chief JAKARTA (JP): The seat of the Bogor Regional Police chief will be handed over to Col. Edi Darnadi, former Bone Regional Police chief in South Sulawesi, from Col. Hari Setyabudhi on Wednesday. The inauguration ceremony will be led by West Java Police chief Maj. Gen. Chaeruddin Ismail. According to Edi, who is a former director of general crimes at National Police headquarters, Hari would be promoted as deputy director of special crimes at the headquarters.
Tue, 07 Dec 1999, 00:00 WIB
Madurese want own province
Madurese want own province SURABAYA: Religious and community leaders on Madura island have thrown their weight behind local people's demand for a separate province, an influential Muslim cleric said on Monday. Abdullah Sohal, chief of the Board of Islamic Boarding Schools and Ulemas in Madura (Bassra), said the support was voiced during a meeting between 100 Madurese clerics and Minister of Regional Autonomy Ryaas Rasyid here on Sunday.
Tue, 07 Dec 1999, 00:00 WIB
Jakartans told to end destructive acts
Jakartans told to end destructive acts JAKARTA (JP): Jakarta Police chief Maj. Gen. Noegroho Djajoesman called on Monday for city residents to refrain from committing any violent actions in order to preserve religious harmony. He said city residents should stop willfully burning or damaging buildings and leave their problems for the police to handle. "There is no valid reason for the burning or damaging of churches or any other religious institutions.
Tue, 07 Dec 1999, 00:00 WIB
Expert urges tighter control of 'halal' food
Expert urges tighter control of 'halal' food JAKARTA (JP): Importing countries should tighten controls on incoming food labeled halal (allowed under Islamic law) to verify the authenticity, an American Islamic organization executive said on Monday. President of the Islamic Food and Nutrition Council of America (IFANCA) Muhammad Munir Chaudry said there was no guarantee that products were lawful according to Islamic law even if they were certified as allowed.
Tue, 07 Dec 1999, 00:00 WIB
Medco, Mitsui sign oil deal
Medco, Mitsui sign oil deal JAKARTA (JP): Local oil and gas company PT Medco Energy Corp. Tbk signed on Monday a one-year contract to sell 5,475 million barrels of crude oil to Japanese trading company Mitsui. The company said in a statement that under the contract, Medco would sell 15,000 barrels of oil per day to Mitsui at the international price for 12 months starting from late this month or early next month. "Based on the rupiah's current rate against the U.S.
Tue, 07 Dec 1999, 00:00 WIB
Conversion Rates
Conversion Rates Bank Indonesia's conversion rates on Dec. 06, 1999: Bank notes rates Buying Selling Rp Rp U.S.
Tue, 07 Dec 1999, 00:00 WIB
Oil up as Iraq spurns UN deal
Oil up as Iraq spurns UN deal SINGAPORE (Reuters): Oil prices rose in Asia on Monday in the expectation that Iraq crude exports will be absent for several more weeks following Baghdad's rejection of a short extension to its UN oil deal. At 0730 GMT, January New York Mercantile Exchange (NYMEX) crude last traded at US$25.98 per barrel, up 17 cents from the New York close on Friday.
Tue, 07 Dec 1999, 00:00 WIB
Indonesia frees Thai fishermen
Indonesia frees Thai fishermen BANGKOK (AP): About 1,000 Thai fishermen arrested by Indonesia last month for intruding in its waters were freed with their boats and returned home to southern Thailand, Thai television reported on Monday. The fishermen, back in the Thai port town of Ranong, 470 kilometers south of Bangkok, told the ITV television network they were released after paying fines.
Tue, 07 Dec 1999, 00:00 WIB
Attorney general grills Baramuli for four hours
Attorney general grills Baramuli for four hours JAKARTA (JP): The former head of the Supreme Advisory Council, Arnold A. Baramuli, was questioned at the Attorney General's Office on Monday in connection with the Bank Bali scandal.
Tue, 07 Dec 1999, 00:00 WIB
Victorious Mahathir mulls Cabinet choices
Victorious Mahathir mulls Cabinet choices KUALA LUMPUR (Agencies): Malaysian Prime Minister Mahathir Mohamad met leaders of his victorious ruling coalition on Monday amid speculation he would tap a former archrival to replace his finance minister in a new cabinet lineup. Leaders of his 14-party Barisan Nasional coalition met Mahathir separately to discuss the formation of the cabinet, the official Bernama news agency said.
Tue, 07 Dec 1999, 00:00 WIB
Nightspots may operate during Ramadhan: Governor
Nightspots may operate during Ramadhan: Governor JAKARTA (JP): Governor Sutiyoso said on Monday that entertainment nightspots would be allowed to operate during the Muslim fasting month of Ramadhan if they had licenses to run their businesses. "Jakarta is a metropolis and the country's capital city. I have to accommodate the interests of people from different walks of life," he told reporters after addressing a ceremony commemorating World AIDS day at the Taman Ismail Marzuki (TIM) arts center.
Tue, 07 Dec 1999, 00:00 WIB
126 escapees return to Krobokan prison
126 escapees return to Krobokan prison DENPASAR, Bali (JP): As many as 126 of 270 escapees have been returned to Bali's Krobokan Penitentiary, while visiting Minister of Law and Legislation Yusril Ihza Mahendra said on Monday nobody was to blame for the incident. Yusril, who arrived at the penitentiary at 7:30 p.m. local time, said "Don't blame each other. All the wardens did their best despite their shortcomings".
Tue, 07 Dec 1999, 00:00 WIB
Bats take flight as 'Damar' trees die in Bogor garden
Bats take flight as 'Damar' trees die in Bogor garden BOGOR (JP): Dozens of Agathis (Araucareaceae) trees, most of which are hundreds of years old, at the Bogor Botanical Gardens are feared to be dead as a large number of their barks have been peeled away by visitors, who use them for amulets. Many of the visitors believed the barks of the Damar trees, as locals call them, brought luck to their businesses, an official of the park said on Saturday.
Tue, 07 Dec 1999, 00:00 WIB
Police shoot two robbers
Police shoot two robbers JAKARTA (JP): North Jakarta Police detectives shot two men believed to have stolen thongs on Monday afternoon on Jl. Gedong Panjang in West Jakarta, an officer said. The officer, who requested anonymity, identified the robbers as Jumadi and Arif Firmansyah. "One was shot on the face, another in the head. Both are currently being treated for their wounds at the Soekanto Police Hospital in Kramatjati (East Jakarta)," the officer said.
Tue, 07 Dec 1999, 00:00 WIB
Five die as bus lurches into river
Five die as bus lurches into river SEMARANG: Five people died and 12 others were injured when a bus with 50 passengers plunged into a river in Pujut village in the Central Java regency of Batang regency on Sunday. Batang traffic police chief, First Lt. Didik Mulyanto, said only three of the fatalities had been identified. They were Srimulyani, 20, of Surakarta, Sukar, 34, of Boyolali and Ikbal, 36, of Jakarta. The injured passengers are being treated at Kalisari General Hospital.
Tue, 07 Dec 1999, 00:00 WIB
Garuda forced to return to base
Garuda forced to return to base DENPASAR, Bali: Fifty minutes after take off, Garuda flight number GA-403 bound for Jakarta was forced to return to Ngurah Rai Airport due to engine trouble on Monday. Suandi, acting station manager for Garuda Indonesia at Ngurah Rai Airport, confirmed the incident, saying: "The DC-10 plane had to return to base due to a leak in pneumatic system 1." The leak forced the pilot to turn off two of the air conditioners in the cabin, he said.
Tue, 07 Dec 1999, 00:00 WIB
Tempo pays off debts
Tempo pays off debts JAKARTA (JP): Publicly listed PT Tempo Scan Pacific paid off its debt to a syndicate of 13 foreign banks earlier than scheduled, the company announced here on Monday. The company said in a statement the repayment of the US$105 million debt, which was to have matured in February next year, was made through its subsidiary HVL Management B.V. The repayment will free the company from all debt obligations in the year 2000, the statement said.
Tue, 07 Dec 1999, 00:00 WIB
Indonesia to help maintain peace in South China Sea
Indonesia to help maintain peace in South China Sea JAKARTA (JP): Minister of Foreign Affairs Alwi Shihab reiterated on Monday Indonesia's commitment to help maintain stability in the South China Sea despite the country's financial shortage.
Tue, 07 Dec 1999, 00:00 WIB
BDF Indonesia builds library for orphans
BDF Indonesia builds library for orphans JAKARTA (JP): The construction of an integrated library building, to be equipped with computers and books for orphans and unfortunate children, started on Monday in Cibubur, 20 kilometers south of Jakarta.
Tue, 07 Dec 1999, 00:00 WIB
Indonesia's economy to grow by 3 percent: Kwik
Indonesia's economy to grow by 3 percent: Kwik SINGAPORE (Dow Jones): Indonesia's economy will grow by 3 percent next year and strengthen further by 5 percent to 6 percent in 2001, Coordinating Minister for the Economy Kwik Kian Gie said Monday. Kwik's latest update on the economy, in a speech scheduled to be delivered to the Singapore Chinese Chamber of Commerce and Industry at 0700 GMT, marks the government's most positive forecast to-date.
Tue, 07 Dec 1999, 00:00 WIB
Federal state may be better choice
Federal state may be better choice The demand of the Acehnese to hold a referendum immediately poses a number of problems. On the one hand it is their right because of the atrocities they have experienced for the past 10 years at least. On the other hand, the matter is something that saddens the Indonesian nation because demands for a referendum surely have the objective of independence.
Tue, 07 Dec 1999, 00:00 WIB
Rp 50t may leave banking system
Rp 50t may leave banking system JAKARTA (JP): At least one-sixth of some Rp 300 trillion (about US$42,85 billion) could leave the banking system over the next year due to low interest rates, an economist predicted here on Monday. "There will be at least Rp 50 trillion leaving domestic banks for the purpose of investment diversification," said Budi Hikmat of PT Bahana Securities.
Tue, 07 Dec 1999, 00:00 WIB
Drug suspect Zarina tells her story from behind bars
Drug suspect Zarina tells her story from behind bars TANGERANG (JP): From Mawar (Rose) cell block number eight at the women's prison in Tangerang, west of Jakarta, drug suspect Zarina Mirafsur complained that it's tough to change people's minds about her. "Nobody believes me. Nobody listens," she said.
Tue, 07 Dec 1999, 00:00 WIB
1m hectares of forests destroyed PA
1m hectares of forests destroyed PA PEMALANG, Central Java: About one million hectares of tropical forest in the country are destroyed annually, Minister of Forestry and Plantations Nur Mahmudi Ismail said here on Monday. "People have to stop destroying the forests. We have no choice but to save and preserve our forests. The areas are not there to be merely looted and demolished," Nur Mahmudi said at the opening of the week-long National Green Movement in Blendung village here.
Tue, 07 Dec 1999, 00:00 WIB
Check out the embassy homepage
Check out the embassy homepage Interested in upcoming cultural events from Japan or wanting to check out available scholarships from the Japan Foundation? You can keep up to date plus access information on visa application procedures when you check out the new homepage from the Embassy of Japan at http://www.embjapan.or.id.
Tue, 07 Dec 1999, 00:00 WIB
C. Java loses mangrove forests
C. Java loses mangrove forests SEMARANG: About 94,000 hectares of mangrove forests in Central Java are dwindling and can no longer function as natural sea barriers, the provincial forestry office chief Hartiarto said on Monday. "The damage has caused environmental devastation along the province's coastal area, especially the north coastal lane," he said. He added that only a few mangroves were left, such as that in Segoro Anakan in Cilacap along the southern part of the province.
Tue, 07 Dec 1999, 00:00 WIB
UN to verify TNI's Timor role
UN to verify TNI's Timor role JAKARTA (JP): A United Nations commission conducting an inquiry into violence in East Timor, after comparing notes with Indonesian counterparts on Monday, said that both inquiries had found traces of evidence that the Indonesian Military (TNI) was responsible for violence following the Aug. 30 ballot in the territory. However, no decision has been made on whether a war crimes tribunal can be established.
Tue, 07 Dec 1999, 00:00 WIB
Law enforcers blamed for failing to stop environmental damage
Law enforcers blamed for failing to stop environmental damage By Budisantoso Budiman BANDAR LAMPUNG, Lampung (Antara): Environmental destruction is continuing unabated, while legal redress goes nowhere as hardly any cases have been satisfactorily resolved. Koesnadi Hardjasoemantri, an expert on environmental law from Gadjah Mada University in Yogyakarta, said Indonesian law enforcers did not have the same interpretation about the laws.
Tue, 07 Dec 1999, 00:00 WIB
Akbar denies conspiracy to topple government
Akbar denies conspiracy to topple government JAKARTA (JP): House of Representatives Speaker Akbar Tandjung denied on Monday there was a political conspiracy to discredit the "axis force" coalition of political parties and President Abdurrahman Wahid. Akbar, who is also Golkar Party chairman, acknowledged there was criticism of the government from all sides, but he said it was normal as part of the effort to uphold checks and balances.
Tue, 07 Dec 1999, 00:00 WIB
Future prospects of Japan-Indonesia relations
Future prospects of Japan-Indonesia relations By Takao Kawakami, Ambassador of Japan A special article on the occasion of the birthday of His Majesty the Emperor of Japan. 1999 was a historic year for Indonesia. The domestic process of a general election and the selection of a new President and Vice President was successfully implemented. The direct ballot voting in East Timor took place, and the separation of that region was formally recognized in the People's Consultative Assembly.
Tue, 07 Dec 1999, 00:00 WIB
Girl gets 10 months for drug trafficking
Girl gets 10 months for drug trafficking JAKARTA (JP): A judge at the West Jakarta District Court sentenced on Monday a 13-year-old girl to 10 months in jail for trafficking 170 grams of marijuana. "The defendant has been found guilty of violating chapter 82 of the 1997 Law on Narcotics," Judge M. Ismail told the court. The chapter carries a maximum sentence of 20 years in jail and a maximum fine of Rp 1 billion (US$138,900).
Tue, 07 Dec 1999, 00:00 WIB
Drug dealer shot in Bogor
Drug dealer shot in Bogor BOGOR (JP): Local police shot an alleged drug dealer in his right leg after the man, identified as Mayer Gultom, 27, tried to escape a drug bust at his house in a small alley of Gg. Kutilang II in Gunung Batu, an officer said on Monday. According to outgoing Bogor Regional Police chief, Col. Hari Setyabudhi, a total of half a kilogram of ganja was seized as evidence. "During questioning, the suspect admitted to having distributed marijuana here for the past two years.
Tue, 07 Dec 1999, 00:00 WIB
Restore old glory of Batavia
Restore old glory of Batavia While moving in and around the beautiful city of Jakarta, one can easily spot various bonfires, emitting "dense smoke". Tons of garbage is burned every day. Sure, it is a convenient way to get rid of waste material, but at what cost? All of us know that there is no "free lunch". We will certainly have to pay through the nose for our deeds in the near future.
Tue, 07 Dec 1999, 00:00 WIB
Soeharto inquiry reopened
Soeharto inquiry reopened JAKARTA (JP): The Attorney General's Office announced on Monday it was reopening the investigation into alleged corruption by former president Soeharto. Without going into detail, Attorney General Marzuki said new evidence had been discovered to warrant a resumption of the investigation into the 78-year-old Soeharto.
Tue, 07 Dec 1999, 00:00 WIB
Ratih's job ranking causes an uproar
Ratih's job ranking causes an uproar JAKARTA (JP): State Secretary Ali Rahman was stumped on Monday after legislators questioned why Presidential Secretary Ratih Kaniawan Hardjono was accorded senior civil service ranking despite never having been a civil servant.
Tue, 07 Dec 1999, 00:00 WIB
N. Korea proposes exchange of coaches and players with RI
N. Korea proposes exchange of coaches and players with RI JAKARTA (JP): The Indonesia-North Korea friendship institution has suggested an exchange of coaches and players in a bid to boost both countries' sports relationships. Indonesia's ambassador to the Democratic People's Republic of Korea or North Korea, Buchari Effendi, said on Monday that the institution wanted Indonesian softball and badminton coaches or players to train North Korea's athletes.
Tue, 07 Dec 1999, 00:00 WIB
TV today
TV today TVRI 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 TV Series: Amazing 3:00 Music 4:00 Regional News 4:30 Management Program 5:00 Documentary 5:30 TV Drama 6:00 Sports 6:30 News (in English) 7:00 Evening News 7:30 TV Series 8:30 Music 9:00 World News 9:35 Talk Show 10:30 Music 11:35 Late News Program 2 4:30 p.m.
Tue, 07 Dec 1999, 00:00 WIB
Sofyan to lead new business council
Sofyan to lead new business council JAKARTA (JP): Businessman Sofyan Wanandi has been nominated to lead the National Business Development Council, which will assist President Abdurrahman Wahid with microeconomic issues, State Secretary Ali Rahman confirmed on Monday. "Yes, I heard that (Sofyan's nomination). But the names of the council members have not been decided," Ali said at a hearing with House Commission I for defense and security, foreign affairs, information and legal affairs.
Tue, 07 Dec 1999, 00:00 WIB
Calm restored in Ambon after bloody weekend
Calm restored in Ambon after bloody weekend AMBON, Maluku (JP): Calm returned to the riot-torn province on Monday following two consecutive days of communal clashes which claimed at least 31 lives. Businesses and schools reopened in Ambon as roadblocks were cleared. The situation in nearby Seram Island was also calm on Monday after the authorities secured the area, according to Maluku Police spokesman Maj. Phillipus Jakriel. Indonesian Military Commander Adm. Widodo A.S. and National Police Gen.
Tue, 07 Dec 1999, 00:00 WIB
Sumatran tigers may be gone from the wild in two years
Sumatran tigers may be gone from the wild in two years By Marjeni Rokcalva PADANG, West Sumatra (AFP): At least 14 rare Sumatran tigers have been slaughtered by poachers in the past three months, and the species faced extinction within two years, Indonesian environmentalists have warned. Only about 400 of the tigers remained and they were being targeted by rampant hunters, said Rahmadi, the head of the Indonesian Wildlife Forum (Walhi) chapter in Padang.
Tue, 07 Dec 1999, 00:00 WIB
U.S. says up to UN on chief of E. Timor force
U.S. says up to UN on chief of E. Timor force SINGAPORE (Reuters): The United States' top general said on Monday it was up to the United Nations to choose the leader of an 11,000-strong UN peacekeeping force in East Timor. U.S. Joint Chief of Staff Gen. Henry Shelton said that the United States was comfortable working with whoever the UN picked.
Tue, 07 Dec 1999, 00:00 WIB
Banks sustain operating loss of Rp 52.09t
Banks sustain operating loss of Rp 52.09t JAKARTA (JP): Indonesia's banks suffered a combined operating loss of 52.09 trillion (US$7.2 billion) in the year to October, compared to a total loss of Rp 177.50 trillion last year, Finance Minister Bambang Sudibyo said on Monday. Speaking at a hearing with House's special committee on state budget, Bambang said operational income during the first 10 months totaled Rp 129.72 trillion, while operational expenses reached Rp 181.81 trillion.
Tue, 07 Dec 1999, 00:00 WIB
Handphone market to jump
Handphone market to jump SINGAPORE (DPA): India and China will ignite staggering growth in the Asia-Pacific region's mobile telecommunications market, with the area accounting for one third of the world's handphone users by 2002, a U.S.-based research firm's report said on Monday. The number of handphone users, which has jumped from 6.3 million in 1993 to 137 million this year, will reach 234 million in 2002, said GartnerGroup.