Indonesian Political, Business & Finance News

Archive: 26 March 1999

52 articles found

Spaniard's photos on show

Spaniard's photos on show JAKARTA (JP): A charity photography exhibition by Spanish photographer Paco Corral, was opened on Wednesday by Spanish Ambassador Antonio Segura Moris in the lobby of the Gran Melia hotel in Kuningan, South Jakarta. The exhibition, titled A Glance at Indonesia, displays 39 black-and-white photographs and six color images, taken by Corral during the past year.

RI receives Japan's grant

RI receives Japan's grant JAKARTA (JP): The Japanese government agreed on Wednesday to provide Indonesia with a 2.87 billion yen (US$24 million) grant. A press release from the Japanese Embassy in Jakarta said the notes for the grant were signed on Thursday by Japanese Ambassador Takao Kawakami and Johan S. Syahperi, director general for foreign economic relations at the Ministry of Foreign Affairs.

10 prisoners convicted of 1965 coup attempt freed

10 prisoners convicted of 1965 coup attempt freed JAKARTA (JP): The government released four aging former members of the outlawed Indonesian Communist Party (PKI) from Cipinang Prison in East Jakarta on Thursday.

RI trying to cut maternal mortality rate

RI trying to cut maternal mortality rate By Rita A. Widiadana JAKARTA (JP): Wearing a tight red dress, a singer appears from the back of a glittering stage with a message for husbands to treat their pregnant wives more affectionately. In a tender voice, the singer expresses her love for her husband with a dangdut song: You are the man I adore. You care for me and our newborn baby. Babe ... I love you more and more.

RI regrets NATO bombing

RI regrets NATO bombing JAKARTA (JP): Indonesia expressed regret on Thursday at the overnight air strike by the North Atlantic Treaty Organization (NATO) on Yugoslavia, urging parties to settle the Kosovo crisis through negotiations. "The Indonesian government regrets that efforts to resolve the Kosovo problem have come to the point whereby NATO is bombing the Federal Republic of Yugoslavia," the Ministry of Foreign Affairs said in a statement.

University students plan to hold meeting in Bali

University students plan to hold meeting in Bali JAKARTA (JP): University students from across the country are scheduled to hold a five-day forum at the University of Udayana in Bali beginning on Sunday to formulate a new platform for Indonesia. A member of the organizing committee, Ari, said here on Tuesday representatives from several universities had confirmed their participation in the forum, called Rembug Mahasiswa Indonesia (Indonesian Students Dialog).

Health system on 'the brink of collapse' in East Timor

Health system on 'the brink of collapse' in East Timor JAKARTA (JP): The health system in East Timor is at risk of collapse if the exodus of doctors from the province is not stemmed and replacement doctors provided, AusAID warned.

Habibie's doctor named as professor

Habibie's doctor named as professor JAKARTA (JP): Dr. Nurhay Abdurrahman, a female member of the presidential medical team, has been installed as a permanent professor at the Internal Disease Department at the University of Indonesia. President B.J. Habibie and first lady Hasri Ainun Habibie, together with members from Habibie's inner circle including Jimly Assidiqie, were among those who attended Nurhay's inauguration ceremony on Wednesday at the university's Salemba campus in Central Jakarta.

Govt prepares bill to check money laundering, tax evasion

Govt prepares bill to check money laundering, tax evasion JAKARTA (JP): The government is drafting a financial transaction report bill designed to thwart money laundering, tax evasion and corrupt practices. The chairman of a special team preparing the bill, Amien Sunaryadi, said on Thursday it would better equip the legal system with data to track white-collar crime.

Interview with the Ambassador of Bangladesh

Interview with the Ambassador of Bangladesh Bangladeshi Ambassador to Indonesia Dr. M. Afsarul Qader sat down with The Jakarta Post to discuss his country's bilateral relations with Indonesia as Bangladesh marks the 28th anniversary of its National and Independence Day. JP: Please trace the history of relations between Bangladesh and Indonesia.

Shakespeare shakes the big screen

Shakespeare shakes the big screen By Dini S. Djalal JAKARTA (JP): Two writers, both alike in dignity, in fair Hollywood, where we lay our scene. From ancient sequels break to new films, where civil vision makes civil theaters unhinged, beneath the genius hands of these two men, a pair of star-crossed actors take their cue. Shakespearean scholars would surely cringe at such an unfettered alteration of Master Will's opening lines to Romeo and Juliet.

KL unveils more measures to curb encephalitis virus

KL unveils more measures to curb encephalitis virus KUALA LUMPUR (Agencies): Malaysia, saying it was facing an emergency, on Thursday announced new measures to curb a fatal encephalitis outbreak that has killed up to 61 people over six months. Deputy Prime Minister Abdullah Ahmad Badawi said buffer zones would be created around infected pig farms and all pigs in the zones would be slaughtered.

Many leaders backs strikes; China Russia call foul

Many leaders backs strikes; China Russia call foul TOKYO (AP): Many Asian and European leaders backed NATO airstrikes on Yugoslavia as vital to preventing further bloodshed in Kosovo, but Indonesia joined China and Russia in condemning the attacks. "Japan understands NATO's use of force as measures that had to be taken to prevent humanitarian catastrophe of a further increase in victims," Japanese Foreign Minister Masahiko Komura said in a statement on Thursday.

Analysts express doubts about KPU's credibility

Analysts express doubts about KPU's credibility JAKARTA (JP): Fears of conflict of interest within the General Elections Commission (KPU) and the likely domination of lower level state officials during the electoral process were raised in a discussion on the KPU's credibility here on Thursday.

Madurese no longer wanted, say Sambas locals

Madurese no longer wanted, say Sambas locals SINGKAWANG, West Kalimantan (JP): Minister of Defense and Security/ Armed Forces Commander Gen. Wiranto visited the riot- torn West Kalimantan regency of Sambas where he met refugees, residents and troops on Thursday. He was also greeted by a demonstration protesting the shooting of a number of residents by security personnel. Meanwhile reports said dozens of refugees had died in hospitals.

Winters receives death threat

Winters receives death threat JAKARTA (JP): The United States of America Embassy received a death threat targeting American scholar Jeffrey A. Winters, lawyer Todung Mulya Lubis confirmed on Thursday. "The unknown caller told embassy staff that 20 snipers were ready to shoot Winters dead on his way to meet a National Police summons," Todung said at police headquarters in South Jakarta.

Persebaya crushes PSIS to move into semifinals

Persebaya crushes PSIS to move into semifinals JAKARTA (JP): Semarang-based PSIS played lackadaisically in the fifth Indonesian Soccer League (Ligina) playoffs at the Senayan soccer stadium on Thursday, handing Persebaya Surabaya a 3-0 victory and a place atop the Group I standings. In the day's Group II match, PSMS Medan neared a semifinal berth after playing to a scoreless draw against underdog PSM Ujungpandang.

Election of deputy governor disputed

Election of deputy governor disputed JAKARTA (JP): The process of electing a deputy governor for economic and financial affairs still is adjourned because city councilors and city administration officials cannot agree on the rules of the election process, councilors said.

KPU ruling referred to Supreme Court

KPU ruling referred to Supreme Court JAKARTA (JP): President B.J. Habibie referred to the Supreme Court on Thursday the recent ruling of the General Elections Commission (KPU) banning political parties from using state officials in their campaigns. "I have asked the Minister of Justice to give his legal opinion on the KPU's decision, then I will submit it to the ad interim home affairs minister. He is asking for the Supreme Court's legal instruction," Habibie said, Antara reported.

LDP denies pledge to aid Golkar scheme

LDP denies pledge to aid Golkar scheme JAKARTA (JP): Japan's Liberal Democratic Party (LDP) has denied providing a commitment of financial assistance to the Golkar Party, Japan's envoy to Indonesia Takao Kawakami said on Thursday. "It does not exist," Antara quoted him as saying after a signing ceremony for Japanese grants to Indonesia.

Foreign investment permits ready in less than a month

Foreign investment permits ready in less than a month JAKARTA (JP): Simplification of licensing means foreign investment licenses can now be issued in less than a month, a minister said on Thursday. State Minister of Investment/Chairman of the Investment Coordinating Board (BKPM) Hamzah Haz said licenses for foreign investment under US$100 million could be issued in 10 days. Licensing for foreign investment over $100 million would take up to 20 days, he said.

Singapore wary of pig virus

Singapore wary of pig virus SINGAPORE (DPA): The Singapore Armed Forces (SAF) plans to kill several hundred wild boars on its southern island, Pulau Tekong, as a precautionary measure to curb the spread of the current pig virus outbreak, the Ministry of Defense (MINDEF) said in an official statement. The SAF has taken a cautious stand, although it said wild boars are unlikely to carry the Japanese encephalitis, or Hendra- like virus.

Security on the alert for Habibie's visit

Security on the alert for Habibie's visit BANDA ACEH, Aceh (JP): Military troops stepped up security measures on the eve of President B.J. Habibie's planned arrival here as thousands of students staged protests on Thursday. Security personnel blockaded major streets in the city center, increased security at Iskandar Muda Airport and cleared the Baiturrahman Mosque, where Habibie is scheduled to attend a Friday prayer.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Charity Photo Exhibition: A Glance at Indonesia by Paco Corral, at the Gran Melia Hotel, Jl. H.R. Rasuna Said kav. X-0, Kuningan, South Jakarta, until April 4. * Photo Exhibition: Revolution, at Galeri Foto Jurnalistik Antara, Jl. Antara No. 59 Pasar Baru, Central Jakarta (Phone: 3458771), daily except Monday, 11:30 a.m. to 7:30 p.m., until April 11. * Painting Exhibition: Bias Warna Dalam Karya, at Crowne Plaza Hotel, Jl. Gatot Subroto Kav.

Aiming at the wrong target

Aiming at the wrong target (American Indonesia expert) Jeffrey A. Winters came to Indonesia for the launch of two of his books -- both new and superb in content and use of the Indonesian language. The public's response has been most favorable. The books' public launch has been well attended and well covered by the press. End of the episode? Not quite, and herein lies the significance of the event. With the book launching formalities over, two more, and no less exacting, episodes await Winters.

TV dramas delivering health messages

TV dramas delivering health messages JAKARTA (JP): Kumia and Samsu love each other. But, when Samsu asks his girl friend to marry him, Kumia is reluctant. The idea of getting married and having babies frightens her. A few years ago, Kumia's mother died giving birth. Kumia's limited knowledge on reproductive health will prevent her from becoming a happy wife and healthy mother. Only after she obtains adequate information on maternal health will she be able to accept Samsu's proposal.

RI to send archers for warm-up in Arizona

RI to send archers for warm-up in Arizona JAKARTA (JP): The Indonesian Archery Association (Perpani) will dispatch its top archers to compete in an open championships in Arizona to warm up for the 2000 Olympic Games qualifying rounds. Team manager Joseph Renyut said the tournament was from April 16 to April 20. "We cannot afford to fail in the qualifying round because it will decide our fate to compete in the Olympics," he was quoted as saying by Suara Pembaruan evening daily on Thursday.

Toba activists respond to business concerns

Toba activists respond to business concerns JAKARTA (JP): The business community should accept the need for industries to be environmentally friendly, an executive of a foundation focusing on Lake Toba in North Sumatra said. Midian Sirait from the Foundation of Lovers of Lake Toba was responding on Tuesday to concerns the temporary closure of the pulp and rayon mill, PT Inti Indorayon Utama, in Porsea, North Sumatra, could affect foreign investment confidence.

Imported rice damaged

Imported rice damaged JAKARTA (JP): At least 38 tons of rice imported from Thailand in January were damaged by sea water during shipment to East Sumba in East Nusa Tenggara, a local government official said. A regent in East Sumba, Lukas Kaborang, said on Thursday the damaged rice would be destroyed because it could no longer safely be consumed. He did not say when the rice would be destroyed. (rei)

'Wayang' performance shows art in new light

'Wayang' performance shows art in new light By Putu Wirata DENPASAR, Bali (JP): A combination of Balinese wayang (puppet shadow play), dalang (puppetry) and modern film technology resulted in a unique performance called wayang listrik (electric wayang). The performance, presenting the mythological tale of Tirtha Amertha (Holy Water), enchanted hundreds of spectators at the Sheraton Nusa Indah Convention Center on March 13.

Popular vocational school building in poor condition

Popular vocational school building in poor condition JAKARTA (JP): The condition of state-run Aviation Vocational High School (SMK Penerbangan 29) buildings on Jl. Jokosutono, South Jakarta, is so poor that hundreds of students are afraid to study there. Many students expressed fears that the school would collapse and cause injuries. Much of the ceiling area in the school's 14 classrooms have decayed from age, and appear to be in danger of caving in at any time.

RI tourists to HK increases

RI tourists to HK increases JAKARTA (JP): The number of Indonesians visiting Hong Kong rose by 28.1 percent in February this year compared to the same period last year, the Hong Kong Tourist Association (HKTA) said in a press release. The release said most of the tourists were Chinese-Indonesians visiting the territory for Chinese New Year activities. HKTA said visitors to Hong Kong during the month surged 17.2 percent to a total of 782,640 compared to the same period last year.

Log shortage no threat to plywood exports: Apkindo

Log shortage no threat to plywood exports: Apkindo JAKARTA (JP): The Association of Indonesian Wood Panel Producers (Apkindo) reassured Japanese buyers on Thursday that a domestic shortage of logs would not hurt the plywood supply to the country. Apkindo's chairman Abbas Adhar attributed the scarcity to an unusually heavy rainy season which hampered distribution of logs from logging areas to wood-processing industries.

RI gets $620m loan from ADB

RI gets $620m loan from ADB MANILA (AFP): Indonesia will receive a total of 620 million dollars in loans from the Asian Development Bank (ADB) to help fight poverty and malnutrition, the bank said on Thursday. The Manila-based bank Thursday approved loans amounting to $300 million to help the government deal with worsening health problems and malnutrition plaguing women and children because of the Asian financial crisis.

Golkar challenges KPU's decision on campaigning

Golkar challenges KPU's decision on campaigning JAKARTA (JP): The Golkar Party's Jakarta chapter questioned on Thursday the authority of the General Elections Commission (KPU) to prohibit ministers from campaigning. The chapter's chairman, Tadjus Sobirin, said the commission's ruling had exceeded the authority of President B.J. Habibie who installed the commission members.

McDermott tipped to win W. Natuna project

McDermott tipped to win W. Natuna project JAKARTA (JP): The West Natuna gas consortium announced on Thursday that PT McDermott Indonesia, the Indonesian unit of the American contractor McDermott Corporation, is a strong contender for the construction of a 650-kilometer underwater pipeline to channel natural gas from west of the Natuna islands to Singapore. Conoco Indonesia's vice president for development and relations A.R.

RI forex reserves at $14.51b

RI forex reserves at $14.51b JAKARTA (JP): Indonesia's net foreign exchange reserves increased to US$14.51 billion in the week ending on March 23 from $14.39 billion the previous week, Bank Indonesia announced on Thursday. The central bank said the increase in foreign exchange reserves was the result of the government's oil and gas revenues.

Crisis a strain on Asia's public health care

Crisis a strain on Asia's public health care SINGAPORE (AP): Asia's public health care systems are under severe strain from the region's economic crisis, experts at an international conference in Singapore said on Thursday. Low-priced public hospitals are becoming overcrowded as even wealthier Asians shun private facilities in order to save money, researchers said at a forum organized by The Economist Conferences.

Ministers should deal with crisis

Ministers should deal with crisis From Media Indonesia Political-party figures are divided in their view whether ministers should be allowed to campaign. I think ministers should be prohibited from campaigning on the basis of the following considerations. 1. If the ministers campaign, they are compelled to take leave. Our country is in a crisis and there is very much work to be accomplished by the ministers in a short time.

Govt seals off Timor and Humpuss buildings

Govt seals off Timor and Humpuss buildings JAKARTA (JP): City authorities will seal off the disputed Timor and Humpuss buildings owned by the widely diversified Humpuss Group on Jl. Medan Merdeka Timur in Central Jakarta on Friday, an official said. Central Jakarta Mayor Andi Subur Abdullah told The Jakarta Post on Thursday that the two multistory buildings would be sealed off at 7 a.m. Andi said the order to seal off the two buildings was in accordance with Gubernatorial Instruction No.

Fired workers want more severance pay

Fired workers want more severance pay JAKARTA (JP): At least 120 dismissed workers of PT Taat Subur Fortuna in Citeureup, Bogor, demanded on Thursday the company increase their severance pay according to existing manpower regulations. Fourteen representatives of the workers visited the Jakarta Legal Aid Institute on Thursday to seek legal advice. I.

Astra one step closer to debt solution

Astra one step closer to debt solution JAKARTA (JP): PT Astra International, the country's largest automotive firm, won approval from the majority of its shareholders on Thursday to restructure US$946 million and Rp 900 billion ($101 million) in debt. Shareholders also approved the board of directors' plan to use part or all of the company's assets as collateral for existing or future loans.

New values vs old

New values vs old In the present age of reform, Indonesians have to be prepared for the unavoidable struggle between old and new values. This trend is a matter of natural consequences because standing face to face in the wind of social change today are prodemocracy people and the remnants of the fallen authoritarian regime of president Soeharto. They dominate today's ruling elite.

Lubricant prices increase

Lubricant prices increase JAKARTA (JP): State oil and gas company Pertamina has raised the price of lubricant oils by 55 percent starting from Wednesday, the company said on Thursday. The company said the price increase would apply to seven types of premium grade lubricants, available in 71 types of packages, the statement said. The company will not raise the price of six types of economy- grade lubricants used by public buses, motorbikes and small industries. (jsk)

Spoiled food consumed by many

Spoiled food consumed by many BANJARNEGARA, Central Java (JP): Eleven residents of Plorengan village in Banjarnegara regency fell unconscious after consuming tempe bongkrek (fermented tofu cake) for lunch on Thursday. The victims, four of whom came from one family, are being treated at the Banjarnegara hospital. The residents reportedly could not afford any other dish. "I've been told that many residents here have consumed tempe bongkrek for the past seven months...

New central bank law to limit BI's financing facility

New central bank law to limit BI's financing facility JAKARTA (JP): The proposed central bank law, expected to be approved by the House of Representatives on Monday, will limit Bank Indonesia's support of banks facing liquidity problems, according to a central bank executive. Achjar Iljas, a Bank Indonesia (BI) director, said on Thursday that based on the new bill, BI's "lender of last resort" role would be limited to providing a maximum 90 days of liquidity facilities.

Nurdin faces new charges

Nurdin faces new charges UJUNGPANDANG, South Sulawesi: Victory celebrations over a dropped corruption case on Monday proved short lived for Golkar legislator and businessman Nurdin Halid, as he faces new criminal charges. Local police chief Col. Jusuf Manggaberani said on Wednesday Nurdin had been accused of stealing a banner belonging to Indonesian Muslim University (UMI) students. "We are set to investigate the case, pending the President's permission," Jusuf said.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on March 25 , 1999: Shares Close Change Trading Volume ----------------------------------------------------- Ades Alfindo 225 0 0 AHAP Insurance 400 0 0 Alakasa Industrindo 75 -25 14,500 Alter Abadi 200 0 0 Alumindo Light Metal 350 0 130,000 Aneka Kimia Raya 100 0 150,000 Aneka Tambang (Persero) 1,450 25 4,208,500 Anwar Sierad 50 0 650,000 APAC Centertex Corp 200 0 20,000 Aqua Golden Mississippi 2,700 0 0 Argha Karya Prima...

Ambon refugees in Ujungpandang to be sent home

Ambon refugees in Ujungpandang to be sent home UJUNGPANDANG, South Sulawesi (JP): Thousands of refugees here from the riot-torn Maluku capital of Ambon are to be sent home because the situation in Ambon has returned to normal, military commander Maj. Gen. Suaidi Marasabessy said on Thursday.

Conversion Rates

Conversion Rates Bank Bali's conversion rates on March 25, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.

KPU opts to print 400m color ballot sheets

KPU opts to print 400m color ballot sheets JAKARTA (JP): To avoid voter confusion between party logos, the General Elections Commission (KPU) decided on Thursday to color print the 400 million ballot papers containing 48 party logos. The decision was made after consulting with a number of local publishing houses and after consideration of proposals from political parties, KPU chairman Rudini said, after the commission's plenary session.

Cambodia to join ASEAN in May

Cambodia to join ASEAN in May PHNOM PENH (AP): A ceremony to make Cambodia the 10th member of the Association of Southeast Asian Nations has been rescheduled for early May, Cambodia's foreign minister said on Thursday. Foreign Minister Hor Nam Hong said the ceremony will be held in Hanoi on May 5 or May 6. The ceremony was set for mid-April, but had to be pushed back because of conflicting schedules of Southeast Asian foreign ministers who will attend the event.