Indonesian Political, Business & Finance News

Archive: 7 December 1999

56 articles found

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.

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.

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.

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.

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.

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.

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.

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.

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.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Dec. 06, 1999: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,124.00 7,196.00Australian dollar 1 4,507.35 4,560.11Austrian schilling 1 518.50 524.26Belgian franc 1 176.86 178.83Brunei dollar 1 4,228.90 4,274.17Canadian dollar 1 4,812.

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.

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.

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.

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.

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.

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.

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.

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...

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.

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.

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...

Stock Exchange

Stock ExchangeStock 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...

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.

Rebuilding educational links between Indonesia and Australia

Rebuilding educational links between Indonesia and AustraliaBy 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,...

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...

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.

Banten: Home of nature, wildlife and marine life

Banten: Home of nature, wildlife and marine lifeBy 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...

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.

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.

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.

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.

Sumatran tigers may be gone from the wild in two years

Sumatran tigers may be gone from the wild in two yearsBy 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.

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.

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.

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 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...

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.

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.

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...

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...

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.

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.

Future prospects of Japan-Indonesia relations

Future prospects of Japan-Indonesia relationsBy 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.

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.

Law enforcers blamed for failing to stop environmental damage

Law enforcers blamed for failing to stop environmental damageBy Budisantoso Budiman BANDAR LAMPUNG, Lampung (Antara): Environmental destruction is continuing unabated, while legal redress goes nowhere as hardly any cases have been satisfactorily resolved.

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...

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.

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...

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.

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.

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.

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.

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.

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.

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.

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...

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,...