Indonesian Political, Business & Finance News

Archive: 1 March 1999

41 articles found

RI-Finnish council's new boss

RI-Finnish council's new boss JAKARTA (JP): Indonesian former Forestry Minister Djamaludin Suryohadikusumo was elected chairman of the Indonesia-Finland Business Council, in the council's annual general meeting on Thursday.

The Supers

The Supers What I have in mind are the super-rich and the super-poor. To the latter category belong most Indonesian farmers, or to be more exact, the rice growers. Their plight has been heartrending ever since preindependent times.

With serial bus-like FireWire, your PC may catch fire

With serial bus-like FireWire, your PC may catch fireBy Zatni Arbi JAKARTA (JP): By now you must already be somewhat familiar with the Universal Serial Bus (USB). Not very long from now, you will be seeing another type of connector port at the back of your PC, notebook and handheld devices.

Bishop Belo appeals for international assistance

Bishop Belo appeals for international assistance BRISBANE (JP): Dili Bishop Carlos Felipe Ximenes Belo urged Australia to help develop East Timor, especially the educational, rural, health, ecological, social and judicial sectors.Speaking during a Catholic Mass at St.

Student leaders invite military cadets to dialog

Student leaders invite military cadets to dialog JAKARTA (JP): Student leaders have invited their counterparts from the Military Academy (Akabri) to participate in a national dialog aimed at finding solutions to the current problems facing Indonesia.

$32m German Center inaugurated at BSD

$32m German Center inaugurated at BSD TANGERANG (JP): Visiting Baden-Wurttemberg Prime Minister Erwin Teufel from Germany inaugurated the German Center at the Bumi Serpong Damai housing and business complex here in a ceremony attended by President B.J. Habibie and other senior officials on Sunday.

TECHNOGERMA Jakarta '99: Germany's best on offer

TECHNOGERMA Jakarta '99: Germany's best on offer German technology will be on show in Indonesia during TECHNOGERMA Jakarta '99 from March 1 to March 7 at the Jakarta Convention Center.TECHNOGERMA is an exhibition by German high-tech companies.

PT Freeport raises royalties on its own, says Kuntoro

PT Freeport raises royalties on its own, says Kuntoro JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto has denied the allegation that the government has forced the mining company PT Freeport Indonesia to raise royalties payable to the government in return for a license for its...

Bank employee gets 1 year jail term

Bank employee gets 1 year jail term BOGOR (JP): The Bogor District Court sentenced an executive of the private Bank Central Asia (BCA) branch office here to one year in jail and two years probation for swindling Rp 3 billion (US$353,000) from the bank.

Parties begin naming presidential candidates

Parties begin naming presidential candidates JAKARTA (JP): Around 100,000 supporters of the National Awakening Party (PKB) packed the Senayan sports stadium in Jakarta Sunday to mark the opening of the party's congress.

Councilor, residents against bus fare hike

Councilor, residents against bus fare hike JAKARTA (JP): A city councilor expressed his strong opposition on Saturday to the intention of the city chapter of the Organization of Land Transportation Owners (Organda) to propose a 25 percent hike in city bus fares.

Russia gives nickel and platinum prices a polish

Russia gives nickel and platinum prices a polish LONDON (AFP): Nickel prices rose to a nine-month high last week after deliveries from Russia's Norilsk Nickel giant were frozen out, while elsewhere on the commodities markets, platinum rose to an eight month high.

Five students killed in 25 street brawls

Five students killed in 25 street brawls JAKARTA (JP): Five students have been killed and 30 others injured in at least 25 street brawls recorded in the first two months of this year, an official said on Saturday.

Habibie must explain

Habibie must explain Hesitation from legislators of the House of Representatives to question President B.J. Habibie over his alleged tapped telephone conversation with Attorney General Andi M. Ghalib once again reveals how out of step our national legislature is with the public.

Drug traders, officer netted in police raid

Drug traders, officer netted in police raid JAKARTA (JP): The North Jakarta Police intensified their weekend raids against suspected criminals, particularly at entertainment spots.In a raid early on Sunday morning, police dispatched to Ancol Dreamland netted 15 people, including a plainclothes...

Is there any statesmanship?

Is there any statesmanship? Mentioning the word "statesmanship" in connection with President B.J. Habibie's recent decision to let East Timor go, is misleading. Almost all parties involved in the unfolding drama display ineffectual statesmanship.

Solving ASEAN human rights issues

Solving ASEAN human rights issuesBy Dino Patti Djalal The following article is adapted from a paper presented on Intra-ASEAN Human Rights Policies and Mechanisms at the sixth Association of Southeast Asian Nations-Institute of Strategic and International Studies (ASEAN-ISIS) Colloquium on Human...

GSM-XL's new SIM card

GSM-XL's new SIM card JAKARTA (JP): Cellular phone operator PT Excelcomindo Pratama, the operator of GSM-XL, has launched its Periskop XL, a subscribers identity module (SIM) card designed for both prepaid and postpaid cards.

Hang up on the phone tap probe

Hang up on the phone tap probeFrom MerdekaThe alleged tapping of a telephone conversation between President B.J. Habibie and Attorney General Andi M. Ghalib during the country's protracted crisis has drawn a lot of attention.

Stop condemning ABRI, PPP pleads

Stop condemning ABRI, PPP pleads JAKARTA (JP): The United Development Party (PPP) -- whose recent opposition to the allocation of unelected seats in the House of Representatives for the military was thwarted by Golkar and the Armed Forces' (ABRI) House factions -- called for an end to the...

German-Indonesian business, industry ties

German-Indonesian business, industry ties BONN (JP): German business and industry interests in Indonesia as an economic partner have not been diminished by an ongoing financial and monetary crisis there and they continue to regard the nation as an important trading partner and location for German...

Pantomime theater group to stage latest creation

Pantomime theater group to stage latest creation JAKARTA (JP): Picture a mother who gives birth to a stone, which cannot think and feel but grows up to be a ruler.The stone ruler turns out to be a tyrant, who abuses his twin brothers -- his own placenta -- and kills his father.

50 years of Germany through three generations

50 years of Germany through three generationsBy Helly Minarti JAKARTA (JP): For a nation, 50 years represents a short period. During the last half century many events have unfolded, some dramatic, others ironic and few euphoric, as shown in a photo exhibition titled Germany Since 1945: Seen by...

Where to go in Jakarta:

Where to go in Jakarta:Technogerma Jakarta 99 - March 2: Concert, Deutsche Kammerphilharmonie Bremen, Gedung Kesenian Jakarta (GKJ), Jl. Gedung Kesenian No. 1, Central Jakarta (Phone: 3808283), 8 p.m. - March 4: Concert, bach, blech and blues, GKJ, 8 p.m.

Asian currencies under pressure from falling yen

Asian currencies under pressure from falling yen SINGAPORE (AFP): Asian currencies are expected to slide this week against the U.S dollar in line with the yen, with bearish domestic factors pushing the decline even further, analysts said.

How antimonopoly law affects consumer rights

How antimonopoly law affects consumer rightsBy Stefanus Haryanto NAGOYA, Batam (JP): The long-awaited antimonopoly law has finally been approved by the Indonesian House of Representatives. However, the new antimonopoly law -- which prohibits a company from holding more than 50 percent of domestic...

Malaysian ex-police chief admits assaulting Anwar

Malaysian ex-police chief admits assaulting Anwar KUALA LUMPUR (AFP): Former Malaysian police chief Abdul Rahim Noor admitted through his lawyer on Sunday that he beat up ousted deputy premier Anwar Ibrahim when he was taken into police custody last year.

Govt defends delay of bank closures

Govt defends delay of bank closures JAKARTA (JP): The government insisted on Sunday that the delay of the scheduled bank closures was entirely due to technical considerations and had no political motives, denying that lobbyings by bank owners had anything to do with it.

806 new graduates from ITB

806 new graduates from ITB BANDUNG, West Java: The Bandung Institute of Technology (ITB) graduated 806 students, Antara reported on Saturday.The students comprised of 249 postgraduates and 557 undergraduates. Twelve of the postgraduates graduated cum laude.

Demands rise for regent's resignation

Demands rise for regent's resignation SURABAYA: East Java Governor Imam Utomo said on Saturday that he had recommended the withdrawal of a regent following public pressure for his resignation over his alleged involvement in the killings of over 100 people in the province.

Bank Rama finds new partner

Bank Rama finds new partner JAKARTA (JP): Publicly listed Bank Rama has received a strong commitment from Golden Harvest Developments Ltd. to form a strategic alliance with the bank.In a statement released on Friday, the bank said that Golden Harvest is committed to taking part in its...

A confusing signal

A confusing signal As soon as the realities of the economic crisis hit Indonesia, a program of economic rehabilitation and reform was begun with the banking sector given first priority for treatment. This was sensible because the banking sector constitutes the main artery of the economy.

Taiwan's WTO hopes hemmed in as China balks

Taiwan's WTO hopes hemmed in as China balks TAIPEI (Reuters): With the prize finally within reach, Taiwan's nine-year-old quest to enter the World Trade Organization now faces its biggest hurdle -- rival China's estrangement from the world trade club.

Policy on exams to be discussed soon

Policy on exams to be discussed soon JAKARTA (JP): The Ministry of Education and Culture will soon issue a policy statement on final exams for students in elementary and senior high schools in order to prevent exam schedules from coinciding with the upcoming June general election June, an official...

Newly formed reform team greeted with thumbs down

Newly formed reform team greeted with thumbs down JAKARTA (JP): A new national team of respected experts assigned to prioritize the recovery of public trust has met with skepticism despite denials that it is a mere trick to favor those in power.

Government plans to cut export tax of CPO products

Government plans to cut export tax of CPO products JAKARTA (JP): The government will further lower the export tax of crude palm oil and its by-products to follow a downward trend of the commodity price overseas, Minister of Industry and Trade Rahardi Ramelan has said.

Frozen food aid from S. Arabia

Frozen food aid from S. Arabia TANGERANG (JP): Saudi Arabian Ambassador Abdullah Abdurrahman Alim on Saturday delivered an aid package of 89.9 tons of frozen meat to scavengers, orphanages and Islamic boarding schools in Greater Jakarta.

Preparations for exodus continue in East Timor

Preparations for exodus continue in East Timor JAKARTA (JP): Hundreds of trucks have in recent weeks been making repeated trips between East Timor and neighboring East Nusa Tenggara on the western half of the island, transporting household goods belonging to people preparing to evacuate the...

Astra International wants creditor's vote

Astra International wants creditor's vote HONG KONG (Dow Jones): PT Astra International has targeted April 21 for the day the it hopes two-thirds of its creditors will accept a plan for restructuring the automotive company's huge foreign debts.

8,000 state banks employees face dismissal

8,000 state banks employees face dismissal JAKARTA (JP): The government plans to dismiss some 8,000 of the 26,000 employees of four state banks to be merged into the newly established Bank Mandiri, the bank's president Robby Djohan said on Saturday.

Megawati offers herself as peacemaker for Ambon unrest

Megawati offers herself as peacemaker for Ambon unrest JAKARTA (JP): Megawati Soekarnoputri promised on Sunday to invite fellow politicians Amien Rais and Abdurrahman Wahid to visit Maluku and work to restore peace in the violence-torn province.