Indonesian Political, Business & Finance News

Archive: 4 February 1999

60 articles found

Restraint in East Timor

Restraint in East Timor Events in East Timor these past few days have increased the likelihood of an ugly civil war between the East Timorese who favor independence and those who wish the territory to remain part of Indonesia.

UN team observes RI jail conditions

UN team observes RI jail conditions JAKARTA (JP): A four-member team of the UN Human Rights Commission's Working Group on Arbitrary Detention visited Wednesday the Cipinang Penitentiary in East Jakarta as part of their mission to observe the conditions of jails and political prisoners in the...

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 Morning News 7:00 Children's Songs 7:30 TV Series 8:00 Music 9:00 Music 10:00 Interval 2:00 p.m. News 2:35 Cartoon: Thunder Cats 3:05 Environment Program 3:30 Science World 4:00 Regional News 4:30 Creative Program 5:00 Arabic Lessons 5:30 TV Series:...

Team begins task of deciding poll participants

Team begins task of deciding poll participants JAKARTA (JP): A team of respected and nonpartisan public figures under Muslim scholar Nurcholish Madjid began the arduous task on Wednesday of determining eligibility of more than 200 new political parties for the June 7 general election.

NBA Asia names new managers

NBA Asia names new managers JAKARTA (JP): The National Basketball Association (NBA) of Asia has named three new senior managers in line with its growing activity across the continent.Mike Dezel, formerly director and group manager of NBA Europe, based in Paris, was promoted last week to general...

Mayor to be tougher on crooked officials

Mayor to be tougher on crooked officials TANGERANG (JP): Tangerang Mayor M. Thamrin said on Tuesday he would take stern action against his subordinates involved in an alleged scam in the exchange of a 2.3-hectare plot of land belonging to Cipondoh subdistrict here.

Forum formed to anticipate unrest in South Sulawesi

Forum formed to anticipate unrest in South Sulawesi UJUNGPANDANG (JP): A forum encompassing religious leaders and communities of different faiths was formed in the South Sulawesi capital on Wednesday to combat the threat of unrest spreading to the province.

Diplomatic realism

Diplomatic realism The Indonesian government's diplomacy in regard to East Timor is entering a new phase of development. From the very beginning it has appeared that this reform government has wanted to settle the problem of East Timor through diplomatic means.

Rafflesia blooms in Lampung

Rafflesia blooms in Lampung BANDARLAMPUNG, Lampung: At least two examples of the rare Rafflesia, an endotropic parasitic flower growing in the thick forest of South Bukit Barisan National Park in Kubunicik, Sukaraja Atas, West Lampung district, Sumatra, have again bloomed, a conservation agency...

Court orders trial for Imelda Marcos

Court orders trial for Imelda Marcos MANILA (AP): The Philippine Supreme Court ordered a lower court on Wednesday to try the widow of dictator Ferdinand Marcos on 24 counts of illegally maintaining U.S. dollar accounts abroad.

Pertamina plans to sign 20 oil and gas contracts in 1999

Pertamina plans to sign 20 oil and gas contracts in 1999 JAKARTA (JP): State oil and gas company Pertamina expects to sign at least 20 oil and gas contracts this year, almost on par with the 22 inked last year.

Anwar associate gets jail term

Anwar associate gets jail term KUALA LUMPUR (AFP): An associate of deposed Malaysian deputy premier Anwar Ibrahim was jailed on Wednesday for 42 months for unlawful possession of bullets after changing his plea to guilty.

INRO studying price adjustment proposals

INRO studying price adjustment proposals KUALA LUMPUR (Reuters): The International Natural Rubber Organization (INRO) said on Wednesday that member countries are studying three proposals for adjusting its intervention price range.

Pipeline project a tender issue

Pipeline project a tender issue I refer to the article in your paper of Feb. 1 entitled "House member finds fault with Natuna pipeline project."According to Indonesian regulations, no one, including Mr. Nasution, should have had access to any price information at the time.

Housing customers complain to police

Housing customers complain to police JAKARTA (JP): At least 220 potential home-buyers of Bumi Indah housing complex went to the city police headquarters on Tuesday, to report an alleged scam by the developer involving a Rp 2 billion fund for the purchase of houses at the complex.

Bidding for Tuas Power

Bidding for Tuas Power SINGAPORE (Dow Jones): Singapore government investment arm Temasek Holdings said Wednesday it has extended the deadline to bid for a 60 percent stake in power station Tuas Power to April 12.The bidders are a consortium comprising a SembCorp Industries Ltd. unit and U.S.

Coffee surplus to decrease

Coffee surplus to decrease HANOI (AP): World coffee experts said Wednesday they expect supply to continue to outpace demand this year but that the gap is likely to reverse in the 1999-2000 season.The predictions range from Hamburg-based Neumann Kaffee Gruppe's estimate of a surplus of 4.

Where to go in Surabaya:

Where to go in Surabaya:Music and Entertainment * Hyatt Regency Surabaya, Jl. Jend. Basuki Rakhmat 106-128 (Phone: 031 5311234): - The Tavern Pub: Phenomenon Band, Monday to Friday, 9 p.m. to 1 a.m., Saturday, 9 p.m. to 2 a.m. - Lobby: Gamelan (Traditional Music), Monday to Sunday, 6 p.m. to 7 p.m.

Where to go in Bali:

Where to go in Bali:Exhibitions * Painting Exhibition: by Yanuar Ernawati at The Chedi Gallery, Desa Melinggih Kelod, Payangan Gianyar, Ubud (Phone: 0361 975963), 10 a.m. to 6 p.m., until Feb. 26. * Woodcarving Exhibition: The Legacy, at Museum Puri Lukisan, Jl.

Maluku death toll reaches 94: Minister

Maluku death toll reaches 94: Minister JAKARTA (JP): The official death toll from riots in Maluku has now reached 94 people, according to the Minister of Information Muhammad Yunus.The minister was speaking after attending a Cabinet meeting. During the meeting, President B.J.

Will wealth redistribution help the economy?

Will wealth redistribution help the economy?By Aleksius Jemadu BANDUNG (JP): The morally unjust and unacceptable distribution of the burden of coping with the pain of recovering from the current economic crisis has led the Indonesian government to realize that economic democratization is absolutely...

Joint team will visit Banyuwangi

Joint team will visit Banyuwangi SURABAYA: An eight-member team of the central government comprising representatives of the National Intelligence Coordinating Agency (Bakin), Armed Forces Intelligence Agency (BIA), National Police, Directorate General of Social and Political Affairs and the legal...

Rogue timber company facing sanctions

Rogue timber company facing sanctions JAKARTA (JP): A House of Representatives commission has urged the government to revoke logging concessions held by timber company PT Erna Djuliawati following reports that the company is guilty of logging in protected areas of forest in West and Central...

Moerdiono, Bustanil grilled over use of foundation funds

Moerdiono, Bustanil grilled over use of foundation funds JAKARTA (JP): Former minister/state secretary Moerdiono and former chief of the State Logistics Agency Bustanil Arifin were questioned on Wednesday at the Attorney General's Office.

High voter turnout not an obsession: Syarwan

High voter turnout not an obsession: Syarwan JAKARTA (JP): Minister of Home Affairs Syarwan Hamid promised on Wednesday the government would not resort to mobilizing people in an effort to maximize voter turnout in the June general election, Antara reported.

Unused massage parlor permits to be revoked

Unused massage parlor permits to be revoked JAKARTA (JP): The city tourism agency vows to soon revoke its 72 permits for massage parlors unless the holders are able to prove that they are really intent on running their businesses, an official said on Wednesday.

Sailor climbs lamppost after taking heroin

Sailor climbs lamppost after taking heroin JAKARTA (JP): A sailor under the effects of heroin climbed a 12-meter lamppost on the busy Senen flyover in Central Jakarta and stayed there for at least 10 hours between Tuesday night and Wednesday morning.

Asian recovery likely to take time, study says

Asian recovery likely to take time, study says DAVOS, Switzerland (Reuters): Recovery in hard-hit Asia will likely be slow, said economists and officials at the World Economic Forum's annual meeting.The Asia Competitiveness Report, an annual study published by top economists including Harvard's...

Students ask EU to push Myanmar

Students ask EU to push Myanmar BANGKOK (AFP): Exiled Myanmar students on Wednesday urged Europe to maintain its hardline stance against the junta in Yangon and refuse visas to military officials wanting to attend ASEAN-EU talks in Berlin next month.

Economy to remain sluggish in first half of this year: BI

Economy to remain sluggish in first half of this year: BI JAKARTA (JP): Bank Indonesia (BI) director Miranda Goeltom predicted on Wednesday that the economy would remain gloomy in the first half of this year but would begin to pick up after the general election scheduled for June 7.

Rupiah closes 4% higher while stocks gain 1.3 percent

Rupiah closes 4% higher while stocks gain 1.3 percent JAKARTA (JP): The country's financial market gained footing on Wednesday with the rupiah advancing 4 percent to close at 8,450 against the U.S. dollar and stock prices rising 1.3 percent.

Refugees unlikely to return to riot-ravaged Sabbang

Refugees unlikely to return to riot-ravaged SabbangBy Jupriadi UJUNGPANDANG, South Sulawesi (JP): The normally lively Dandang village in the Sabbang subdistrict has been blanketed by silence for the past three weeks.

Indofood to seek 'halal' status for all noodles

Indofood to seek 'halal' status for all noodles JAKARTA (JP): PT Indofood Sukses Makmur, the world's largest noodle maker, said on Wednesday that it wanted the new international standards for noodles to stipulate that all noodles should be made respecting the Islamic halal dietary laws.

Daewoo head in South Africa slain

Daewoo head in South Africa slain JOHANNESBURG, South Africa (AFP): The South African president of South Korean car manufacturer Daewoo, Yong Koo-kwon, was shot dead outside his house in Johannesburg in a possible carjacking attempt, police said on Wednesday.

Delegation prepares for U.S. confidence building mission

Delegation prepares for U.S. confidence building mission JAKARTA (JP): A business team of 23 top exporters and 10 government officials is scheduled to leave here Thursday for the United States on a mission to restore American buyers' confidence in Indonesia as a reliable and competitive supplier of...

'ABRI not likely to be restructured soon'

'ABRI not likely to be restructured soon' JAKARTA (JP): An Australian observer has expressed doubt that the Indonesian military could within a year be restructured as forces designed only for external security, as chief intelligence officer Lt. Gen. (ret) Z.A. Maulani claimed was being planned.

Conversion Rates

Conversion Rates Bank Bali's conversion rates on Feb. 3, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,575.00 8,675.00 8,575.00 8,725.00Australian dollar 1 5,364.15 5,565.70 5,350.00 5,650.00Austrian schilling 1 705.58 717.62 - -Belgian franc 1 240.68 244.

Mia says marriage will make her life steady

Mia says marriage will make her life steady JAKARTA (JP): Indonesia's top female badminton player, Mia Audina, believes her planned marriage to her boyfriend this year will create stability in her life, ending the turbulent ups and downs she has experienced in her career and her life.

Defiant Indovision sets out to attract new subscribers

Defiant Indovision sets out to attract new subscribers JAKARTA (JP): Despite complaints from its customers, PT Matahari Lintas Cakrawala (Malicak), the operator of Indovision satellite television, aims to boost its customer base to 40,000 subscribers this year from the present 26,000.

Pickpocket-bus crew quarrel turns violent

Pickpocket-bus crew quarrel turns violent JAKARTA (JP): The dispute between a pickpocket and the crew of a public transport company bus in the crowded Kampung Rambutan bus terminal in East Jakarta erupted into a heated inter-ethnic clash on Wednesday evening, leaving at least one man dead and...

World Press Photo exhibition applies the same old theme

World Press Photo exhibition applies the same old themeBy K. Basrie JAKARTA (JP): As in the past seven years, the Netherlands- based World Press Photo Foundation is displaying prizewinning pictures of its annual photo competition.

Gus Dur's surprising moves

Gus Dur's surprising movesFrom Sinar PagiRecently, the chairman of the Nahdlatul Ulama (NU) organization, Abdurrahman Wahid (popularly known as Gus Dur), made some intriguing moves by holding a dialog with Gen. Wiranto, President Habibie, even with former president Soeharto.

One visit is enough for me...

One visit is enough for me... In response to Deddy B. Simanjuntak's spirited sales pitch for Yogyakarta and environs (The Jakarta Post, Feb. 3, 1999), I regret to inform the misguided advocate that this customer will not be returning.

Neutrality of ABRI and civil servants

Neutrality of ABRI and civil servantsFrom MerdekaI refer to Syarif Harahap's view in Merdeka of Jan.7 that the Armed Forces (ABRI) is still needed in the House of Representatives (DPR) for safeguarding unity and cohesion.

INDRA sets rate at Rp 7,815

INDRA sets rate at Rp 7,815 JAKARTA (JP): The Indonesia Debt Restructuring Agency (INDRA) set on Wednesday the U.S. dollar exchange rate used to convert domestic corporate debt into rupiah at Rp 7,815 for companies joining the agency's restructuring program in February.

RI to hold expo in Singapore

RI to hold expo in Singapore JAKARTA (JP): An exhibition organizing company is planning a major investment promotion expo involving Indonesian state and private companies in Singapore in September.Appronusa president Andi Djabir said on Wednesday that 160 companies are expected to take part in the...

Poverty snags education

Poverty snags educationBy Yassir Nasanius JAKARTA (JP): The virus currently ailing Indonesia has apparently spread beyond politics, our morals and the economy.The minister of religious affairs inferred that the crisis has also spread to the world of education. (Kompas, Jan. 11).

Dates of jousting festival announced

Dates of jousting festival announced KUPANG, East Nusa Tenggara: Pasola, an annual festival in which mounted warriors test their skills against each other, will take place throughout West Sumba from Feb. 9 to March 13.

Debates on East Timor continue

Debates on East Timor continue JAKARTA (JP): Urgent debates continued on Wednesday in search of solutions to the East Timor question as the 6,000 Suai residents who had taken refuge from violence in a church in Covalima regency returned to their homes.

Free medical bill for poor

Free medical bill for poor TANGERANG (JP): The Tangerang regency has decided to provide medical services to poor residents of the city at 39 public health centers, an official said on Tuesday.The regency's spokesman, Slamet Putranto, said that the medical services would be given to 129,332 families...

Riot-hit market traders balk at funding repairs

Riot-hit market traders balk at funding repairs JAKARTA (JP): Traders at traditional markets burned and destroyed during the May massive riots here last year are strongly opposing the city administration's plan to collect money from them for market renovations.

City Hall blacklists two companies in vehicle scam

City Hall blacklists two companies in vehicle scam JAKARTA (JP): The city administration has blacklisted two private companies for suspected collusion in the jacking up of outlays for official vehicle maintenance, an official said on Wednesday.

Australia fears free Timor may fracture RI

Australia fears free Timor may fracture RIBy John Mair SYDNEY (Reuters): Australia has welcomed the prospect of an independent East Timor but it would prefer the territory remain under Indonesian control, fearing a Balkanization of the sprawling archipelago to its north, security analysts say.

Japanese special envoy to meet Habibie

Japanese special envoy to meet Habibie JAKARTA (JP): A special envoy of the Japanese government is scheduled to meet with President B.J. Habibie here on Friday to discuss Japan's financial assistance to the country under the US$30 billion Miyazawa Plan, a minister confirmed.

Monas cafes to reopen on Feb. 15

Monas cafes to reopen on Feb. 15 JAKARTA (JP): Street cafes in the National Monument (Monas) Park in Central Jakarta, which were damaged and looted by their own security guards on Jan. 18, are scheduled to resume operations on Feb. 15, an official said on Wednesday.

Two killed, 10 injured in fresh violence in Aceh

Two killed, 10 injured in fresh violence in Aceh JAKARTA (JP): Two died and 10 people were injured, in an outburst of violence early Wednesday in Idi Cut, East Aceh, reports said.East Aceh Police chief Lt. Col. R. Suminar confirmed the incident, which began at 1 a.m.

Two painters explore humanity in joint expo

Two painters explore humanity in joint expo JAKARTA (JP): In this modern era, people seem to be more egalitarian and liberal than previous generations. In the realm of art, a conducive and supportive atmosphere is unquestionably important for creative development.

Kiwi Brands aids Java infants

Kiwi Brands aids Java infants JAKARTA: Some 1,000 infants under five in Java have received donations of food worth Rp 250 million from Kiwi Brands Indonesia (KBI) director Don Gadsden through the Ministry of Health, Antara reported Wednesday.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 3, 1999: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 350 0 0 AHAP Insurance 400 0 0 Alter Abadi 300 25 2,500 Alumindo Light Metal 250 0 0 Alumindo Perkasa...

Amien Rais tops Lampung poll

Amien Rais tops Lampung poll BANDAR LAMPUNG, Lampung: A poll of 1,402 respondents held by students of Lampung University has top ranked Amien Rais, chairman of the National Mandate Party as future president, Antara reported Wednesday.