Indonesian Political, Business & Finance News

Archive: 15 February 1999

49 articles found

Man treated for gun shot wounds

Man treated for gun shot wounds LHOKSEUMAWE: A resident of Nisam district in North Aceh has been treated in hospital for shot wounds he received on Friday. Antara reported Saturday that M. Sufi bin Syahbuddin, 41, of Alue Papeun subdistrict, was shot by unidentified men riding a motorcycle at around 11:30 p.m. The victim, who had not regained consciousness as of Saturday, was believed to be a member of the support operations unit of the Armed Forces during the military campaign of 1989 to 1998.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Painting Exhibition: Perangkap Hedonisme, by Veri Apriyatno, at the Galeri Mini, Pusat Kebudayaan Jepang - The Japan Foundation, Summitmas I, Jl. Jend. Sudirman Kav. 61-62 South Jakarta (Phone: 5201266), Monday to Friday, 10 a.m. to 6 p.m., Saturday, 10 a.m. to 12:30 p.m., Feb. 15-26. * Photo Exhibition: Pesona Nusantara, at Galeri Foto Cahya, Plaza Menteng, 2nd floor, C7-8, Jl. H.O.S. Cokroaminoto 79, Menteng (Phone: 3907623), Central Jakarta, 10 a.m.

Plane skids in Ujungpandang

Plane skids in Ujungpandang UJUNGPANDANG: A Boeing 737-200 plane skidded on landing at Hasanuddin International Airport here on Saturday but none was killed in the mishap. The Bouraq aircraft slipped off the runway amid strong winds and rain around 12:35 p.m. All 62 passengers on board including a baby and two children as well as the crew were unharmed and immediately evacuated to nearby hotels. The flight into Ujungpandang was from Jakarta via Balikpapan and Palu.

PDI Perjuangan now official

PDI Perjuangan now official JAKARTA (JP): An estimated 120,000 supporters of Megawati Soekarnoputri packed the Senayan Sports Stadium on Sunday to mark the launching of the Indonesian Democratic Party of Struggle (PDI Perjuangan) and her nomination as the party's presidential candidate. PDI Perjuangan was so named to differentiate it from the less popular, government-backed faction of the splintered PDI led by Budi Hardjono.

Aide clarifies on Habibie remarks

Aide clarifies on Habibie remarks SINGAPORE (Reuters): Indonesian President B.J. Habibie will respect Singapore if it respects him, the Sunday Times newspaper quoted a presidential aide as saying. Tensions between the neighboring countries have grown since Habibie last week accused Singapore of racism, saying that ethnic Malays were under-represented in the city-state's military. Singapore politicians responded by accusing Habibie of trying to stir up ethnic divisions on the island state.

Bank liquidations

Bank liquidations Take your pick between doing business with hundreds of unsound banks, or dealing with a handful of sensible operations - the second option is of course preferable. The government offers a similar choice. Its banking recapitalization program empowers impaired institutions which still have prospects and liquidates inept ones. The term "liquidation" haunts the community due to the bank liquidation program of 1997-1998.

Rectors to set up poll watch

Rectors to set up poll watch JAKARTA (JP): Rectors of all institutes of higher learning in Indonesia have agreed to establish a forum among themselves to monitor the general election scheduled for June 7, 1999. The forum would provide moral support to students who had acted as the spearhead of the reform movement, the forum's executive director, Prof. Soedjana Sjafii, said on the sidelines of the rectors' second meeting here on Saturday.

Oil refining, retail market to be liberalized: Kuntoro

Oil refining, retail market to be liberalized: Kuntoro JAKARTA (JP): A law now being prepared by the government will liberalize the oil refinery sector and open up the retail market in oil products, Minister of Mines and Energy Kuntoro Mangkusubroto has said. He believed its enactment would lift state oil and gas company Pertamina's monopoly on the country's refinery sector and distribution of oil products on the domestic market.

Gus Dur to solicit support for truth seeking committee

Gus Dur to solicit support for truth seeking committee JAKARTA (JP): Muslim figurehead Abdurrahman Wahid departed for Germany on Sunday for eye surgery, and to solicit international support for his planned Commission for Truth-Seeking and National Reconciliation. Abdurrahman, better known as Gus Dur, will announce and lead the commission when he returns on Feb. 25.

PDI Perjuangan slams Habibie's E. Timor policy

PDI Perjuangan slams Habibie's E. Timor policy JAKARTA (JP): The newly-launched Indonesian Democratic Party of Struggle (PDI Perjuangan) lashed out at President B.J. Habibie for calling East Timor "a burden" and called on the nation to let go of the troubled territory.

Mashill holds finance workshop

Mashill holds finance workshop JAKARTA (JP): Bank Mashill will cooperate with Bank Indonesia, the central bank, in holding a series of workshops on how to benefit from the government's trade financing scheme. Bank president Dradjat Bagus Prasetyo said on Saturday that the workshops would start in Bandung, West Java, later this month and move to other cities in Indonesia.

Asia and Europe reiterate resolve for liberalization

Asia and Europe reiterate resolve for liberalization SINGAPORE (AFP): Senior officials from member countries of the Asia-Europe meeting have reiterated their resolve to keep the two region's markets open despite renewed protectionist pressure.

Dim forecast for retail-space market

Dim forecast for retail-space market JAKARTA (JP): Jakarta's retail-space market faces a dim outlook with demand and occupancy projected to continue to decline in 1999, property consultants have said. PT Procon Indah/Jones Lang Wootton predicts in the latest edition of its biweekly property report there would be a further 8,000 square meters decline in cumulative demand by the end of 1999, which would cause the average vacancies to increase to 22 percent from 20 percent at the end of 1998.

ARIAWEST International keeps good commitments to customers

ARIAWEST International keeps good commitments to customers A good relationship between a telecommunications operator and its customers is essential. In this era of globalization, this relationship is going to need to improve. It has been three years already since PT ARIAWEST International operates a telecommunications network in West Java, making telephony services in the area easier served by more skilled human resources.

RI beats Qatar to meet Philippines in Davis Cup

RI beats Qatar to meet Philippines in Davis Cup JAKARTA (JP): Indonesia moved closer to rejoining the Davis Cup Asia Oceania top flight after scoring a perfect 3-0 lead to host Qatar over the weekend. The doubles pairing of Hendri Susilo Pramono and Edy Kusdaryanto settled the issue with a convincing 6-0, 6-2, 6-2 win over Qatari hopefuls Sultan Khalfan Al-Alawi and Nasser Gammen Al-Khulaifi on Saturday.

Bearish mood overseas will cloud local market

Bearish mood overseas will cloud local market JAKARTA (JP): Stock trading on the local market will likely languish again this week as most investors, especially from the regional market, will be on holiday to celebrate the Chinese New Year, stock analysts said. Several regional stock markets such as Hong Kong and Singapore will be closed for three days for the lunar holiday celebration scheduled to fall on Feb. 17.

Much ado about autonomy

Much ado about autonomy Much of the hype about granting increased autonomy to the regions will most likely end up as empty rhetoric. The government's bill on regional administration, presented to the House of Representatives last week, promises more authority and responsibility to provinces, regencies and mayoralties to run their own affairs, but not to the extent promoted by officials. Real power will still rest in the hands of the central administration in Jakarta, in this case the President.

Can't we all just get along

Can't we all just get along President B.J. Habibie's comment about racism in Singapore was really shocking. In my opinion, to maintain a good and harmonious relationship with our neighbors, it is always best not to talk about something which we find bad or annoying in their domestic affairs. I understand that Habibie is probably still embarrassed by the comments made by Senior Minister Lee Kuan Yew prior to Habibie's becoming president.

Sumbawa gets OECF loan

Sumbawa gets OECF loan JAKARTA (JP): Japan's Overseas Economic Cooperation Fund (OECF) will provide Rp 153 billion (US$18 million) in soft loans to finance the construction of two irrigation facilities in Sumbawa, West Nusa Tenggara. The head of the province's water resource conservation project, Amir Hamzah, was quoted by Antara as saying in Mataram, West Nusa Tenggara's capital, that the loans would be used to finance the construction of Batubulan dams and Pelaparado dams.

Children's choir at Taman Mini

Children's choir at Taman Mini JAKARTA (JP): Following the success of performing Lear for Jakarta audiences early this month, the Tanah Airku theater will present a children's choir, the Szczecin Boy's Choir Nightingales from Poland. Along with the Indonesian Children's Choir Group, Nightingales will perform at Tanah Airku, which is located in Taman Mini Indonesia Indah, East Jakarta, for two days beginning Wednesday, Feb. 17, organizer Youk Tanzil said on Saturday. Shows will start at 7:30 p.m.

Garuda takes off on course for change

Garuda takes off on course for change By Devi M. Asmarani JAKARTA (JP): At a recent celebration of Garuda Indonesia's golden anniversary in Bali, a minister summed up hopes for the national flag carrier in a sentence: "If life begins at 40 for men, than life begins at 50 for airlines." State Minister of the Empowerment of State Enterprises Tanri Abeng was not merely spouting diplomatic words of solace for the financially hobbled company put under his supervision almost a year ago.

Soeharto protected corrupt aides: Brother

Soeharto protected corrupt aides: Brother JAKARTA (JP): Businessman Probosutedjo described on Saturday the methods his half-brother Soeharto used to protect corrupt officials when he was still in power, blaming this practice for the paralyzing economic crisis gripping the country today. Probosutedjo, who was recently appointed chairman of a new political party, Marhaenis Front Indonesian National Party (PNI Front Marhaenis), made the statement at the party's headquarters on Jl.

Teachers are heroes without rewards

Teachers are heroes without rewards From Pikiran Rakyat Teachers have been called "heroes without rewards". In my opinion this predicate was coined by the New Order regime. It is like christening former president Soeharto (when he was still president) the "father of development". This kind of reward is not necessarily an honest gesture of appreciation.

Security guard killed in S. Jakarta robbery

Security guard killed in S. Jakarta robbery JAKARTA (JP): A group of seven robbers broke into an Ades mineral water distribution office in Tanjung Barat, South Jakarta, making away with the safety deposit box after killing a security guard and wounding two others early Saturday morning. The armed robbers arrived in a Kijang van at the office at around 2 a.m.

RI faces hurdle in log export target

RI faces hurdle in log export target JAKARTA (JP): Indonesia is facing difficulties in meeting its log export quota because of a domestic shortage of timber, a senior official at the Ministry of Forestry and Plantations said. Director of Supervision and Distribution of Forest Products Walter Nadapdap said Indonesian timber companies were given a quota to export 862,000 cubic meters of logs in the 1998/1999 fiscal year, which ends next month.

Property sector needs major restructuring, analyst says

Property sector needs major restructuring, analyst says JAKARTA (JP): The government's bank recapitalization program should be immediately followed by a restructuring of the shattered property sector to defuse a ticking time bomb, a property consultant said over the weekend. Panangian Simanungkalit warned that the property sector, weighed down by bad loans of about Rp 48 trillion (US$5.6 billion), could become the catalyst to hurl the banking sector into disaster.

Expecting convict escapes prison

Expecting convict escapes prison SERANG, West Java: Juman bin Marwan, 37, a detainee at the Serang correction unit fled to his village in Ciomas when he heard his wife was going into labor. Antara reported Saturday that he escaped Wednesday to see the birth of his second child, only 11 days before he was scheduled to end his sentence of four months. Juman was charged with stealing a mat, plates and other items from a mosque in Serang.

Number of TB-infected people expected to swell

Number of TB-infected people expected to swell JAKARTA (JP): The official number of 40,000 tuberculosis- infected Jakartans is expected to rise sharply due to a hike in medication costs combined with an absence of community awareness to combat the disease, an expert has said. Hadiarto Mangunnegoro, deputy chairman of the Indonesian Association of Tuberculosis Eradication, urged the city administration on Friday to promote its free tuberculosis (TB) medical treatment.

Searchers find three more victims of sunken ship

Searchers find three more victims of sunken ship JAKARTA (JP): Rescue workers discovered on Sunday three more bodies from the KLM Arta Rimba, which carried 325 people on board when it sank last week near Penikek Island in West Kalimantan, an official said. The latest discovery brought the total number of victims found from the accident to 13, while another 20 passengers, including the captain, were rescued alive. "As of 4 p.m. Sunday, the three bodies were already on board the KRI Rencong.

Streets, hundreds of houses inundated after heavy rains

Streets, hundreds of houses inundated after heavy rains JAKARTA (JP): Some parts of the city's streets were inundated on Sunday after heavy rainfall that began Saturday. The affected streets included Jl. D.I. Pandjaitan, Jl. Pahlawan Revolusi and Jl. Pemuda in East Jakarta, where a number of cars were trapped. The rain, which started to fall again at about 9 a.m. on Sunday, also inundated parts of Jl. Pejompongan, Jl. Kramat Raya, and Jl. Blora in Central Jakarta and Jl. Supomo in South Jakarta.

Fresh violence breaks out in Maluku, 11 people killed

Fresh violence breaks out in Maluku, 11 people killed JAKARTA (JP): At least 11 were killed on Sunday morning in the latest outbreak of violence in Maluku, which this time hit the two islands of Haruku and Saparua to the east of Ambon island, where recent riots claimed at least 105 lives. All 11 deaths were reported from Haruku, Antara said. The agency did not say what triggered the violence.

Anwar courts ethnic Chinese from behind bars

Anwar courts ethnic Chinese from behind bars KUALA LUMPUR (AFP): From behind bars, ousted deputy premier Anwar Ibrahim is making attempts to court Malaysia's ethnic Chinese ahead of the Lunar New Year. In a two-page statement faxed to AFP, Anwar warned of a new plot to "plant fear" of ethnic clashes among the country's many races and turn them against reforms.

Government's capital participation in banks

Government's capital participation in banks From Bisnis Indonesia Disregarding the pros and cons surrounding the premature issuance of Government Regulation No. 4/1999, the enforcement of this government regulation must be postponed. We have studied the extent of the protection, security and guarantee related to the government's capital participation in commercial banks subjected to recapitalization. As it is generally known, the government's capital participation has become a trend.

Five officers killed in accident

Five officers killed in accident JAKARTA (JP): Five South Jakarta police officers were killed in a motor accident on Jl. Patuk Besi, Ciasem, in Subang, West Java on Saturday night together with a crook they were escorting in search of his accomplices' hideouts. South Jakarta police detectives chief Capt. Rycko Amelza Dahniel said on Sunday the five officers' Kijang van was involved a head-on collision with a truck at about midnight.

Tareq Aziz visits Turkey to discuss U.S., British raids

Tareq Aziz visits Turkey to discuss U.S., British raids DIYARBAKIR, Turkey (Reuters): Iraqi Deputy Prime Minister Tareq Aziz swept into NATO-member Turkey on Sunday for a high profile visit to the country the United States uses as a launch- pad for air strikes on northern Iraq. A convoy of 10 cars drove across Turkey's shabby Habur border crossing from the area of northern Iraq covered by a U.S.- patrolled "no-fly" zone. The delegation then flew on to Ankara.

TV today

TV today TVRI 5:30 a.m. Religious Teachings 6:00 Morning News 6:30 News 7:00 Children's Songs 8:00 Music 8:30 Documentary 9:00 Music 9:30 Interval 2:00 p.m.

KL police set for PR classes

KL police set for PR classes KUALA LUMPUR (AP): Hoping to nurture a more people-friendly police force, Malaysia will enroll 11,000 of its top brass in courses on morals and public relations, news reports said on Sunday. The image of Malaysian police was badly blemished when former deputy prime minister Anwar Ibrahim surfaced from police custody in September with a black-eye and bruises.

Parties back strict rules on campaigning

Parties back strict rules on campaigning JAKARTA (JP): Representatives of political parties support a strict code of conduct to govern campaign activities, including stiff sanctions for offending parties and supporters, to guard against violence when electioneering gets underway on May 18. In a discussion on Saturday, they disagreed on the issue of restricting campaigning to indoor rallies.

Rumored Saudi plan to let women drive a test of tradition

Rumored Saudi plan to let women drive a test of tradition By Hosniya Hanem JEDDAH: Saudi Arabia may soon allow women to drive, which could be the most significant advance for women since girls were allowed to go to school in the 1960s. Rumors that the shura council (parliament) is debating the issue are so strong that some believe the government has leaked the news to test whether the sexually segregated Saudi society is ready for such a controversial step.

Jakarta hoodlums warned

Jakarta hoodlums warned SEMARANG: The police here have warned hoodlums who have moved to this city from elsewhere to refrain from committing crimes and acts disturbing the peace, Antara reported Saturday. The warning was issued in view of the arrival of hoodlums from Jakarta, Col. Murawi Effendi of the Semarang city police said.

Subdistricts can't pay for cheap rice

Subdistricts can't pay for cheap rice JAKARTA (JP): Most of the capital's 265 subdistricts owe a total of Rp 1.9 billion (about US$215,000) to the Jakarta chapter of the State Logistics Agency (Dolog Jaya) for cheap rice they received in the past five months, an official said.

Handicraft expo at WTC

Handicraft expo at WTC JAKARTA (JP): A two-day handicraft fair will be held in the atrium of the World Trade Center, Jl. Sudirman, Central Jakarta, from Tuesday, Feb. 16, organizers said on Saturday.

Regional autonomy bill dissappoints experts

Regional autonomy bill dissappoints experts JAKARTA (JP): Instead of meeting its promise of greater regional autonomy, a recently issued draft bill is striking out with analysts who charge it fails to sever the dependent relationship of regional governments to their central counterpart.

LNG team heading to China

LNG team heading to China JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto and president of state oil and gas company Pertamina Martiono Hadianto will travel soon to China to market liquefied natural gas (LNG) produced at Tangguh LNG plant in Irian Jaya. Martiono said on Thursday they would meet with Chinese officials during the marketing tour.

Persib 1-3 defeat to Persija sparks violence

Persib 1-3 defeat to Persija sparks violence BANDUNG (JP): Hundreds of dejected fans turned violent on Sunday after local team Persib suffered a 1-3 defeat to Persija Jakarta. The upset crowds stoned windows of dozens of shops and smashed flower pots to pieces on their way home from the Siliwangi stadium, in defiance of the heavy presence of security troops. The violence caused panic on the city's major streets of Jl. Tamblong, Jl. Asia Africa and Jl.

Emergency fund disbursement

Emergency fund disbursement TANGERANG (JP): Disbursement of an emergency fund amounting to Rp 7.9 billion has been hindered in Tangerang by failures on the part of the Village Resilience Boards (LKMD) to meet the set requirements, an official said on Saturday. Most proposals submitted by the LKMD executives in 104 villages/subdistricts were returned, Tangerang Mayor H. Moch. Thamrin said, without giving details of the unfulfilled requirements.

Malaysia allots $28.2m to win 2001 SEA Games

Malaysia allots $28.2m to win 2001 SEA Games KUALA LUMPUR (AFP): Malaysia has set aside 107 million ringgit (US$28.2 million) under an athlete training program to dislodge Indonesia as the overall champion in the 2001 SEA Games, reports said Sunday. The program will start next month to prepare athletes in 41 sports for the 2001 Games which Malaysia will host, Youth and Sports Minister Muhyiddin Yassin was quoted as saying by The Sunday Star.

Translation works demand cultural mastery

Translation works demand cultural mastery By S. Harmono JAKARTA (JP): A letter to The Jakarta Post on Jan. 25 by Adrianus Hiyung Tjung declares: "Translators deserve high pay." Translators deserve to be better remunerated because theirs is a demanding job, he said. It would be interesting to read the reaction of his fellow craftsmen and the public, but none was forthcoming. Translating is a craft and a good, faithful translation may be a work of art. It is not solely a matter of language.

Administration suable over lost traffic signs

Administration suable over lost traffic signs JAKARTA (JP): City residents, whose convenience is disturbed by the disappearance of traffic signs and the neglected condition of thoroughfares, have the right to sue the city administration, an activist and two city councilors said on Sunday.