Archive: 30 March 1999
49 articles found
Tue, 30 Mar 1999, 00:00 WIB
Dutch KPN denies corruption charge
Dutch KPN denies corruption charge THE HAGUE (AFP): Dutch telephone operator KPN Telecom denied Monday paying bribes of at least 25 million guilders (11.3 millions euro) in order to gain entry to the Indonesian market. The rebuttal followed accusations broadcast Sunday night by the news magazine Netwerk on Dutch public television. "We became involved because there were interesting business opportunities. No money has been siphoned off.
Tue, 30 Mar 1999, 00:00 WIB
Allianz changes image
Allianz changes image JAKARTA (JP): Global German-based insurance group Allianz has introduced a new logo as part of its efforts to change its corporate image. A statement released on Monday said the new logo was created earlier this year and the company has been promoting it since early March. The company said it dropped the old eagle logo because it was too closely associated with its German links and also considered old-fashioned and unwilling to change.
Tue, 30 Mar 1999, 00:00 WIB
Tiara plans rights issue
Tiara plans rights issue JAKARTA (JP): Shareholders of nationalized Bank Tiara Asia approved on Monday the bank's plan to issue rights shares to raise Rp 5.3 trillion (US$600 million) for recapitalization. The bank said in a statement it would issue 42.66 million rights shares priced at Rp 125 at a par value of Rp 5 each. If the rights issue succeeds, the bank's capital adequacy ratio -- the ratio of equity capital to risk weighted assets -- would rise to 8 percent.
Tue, 30 Mar 1999, 00:00 WIB
Executive gets six years in jail for embezzlement
Executive gets six years in jail for embezzlement JAKARTA (JP): The Central Jakarta District Court on Monday sentenced the former chief executive of a now closed industrial gas company to six years in jail for embezzling Rp 3 billion (US$340,900) from a loan given to the company.
Tue, 30 Mar 1999, 00:00 WIB
Pertamina told to rexamine Natuna pipeline tender
Pertamina told to rexamine Natuna pipeline tender JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto has ordered the state oil and gas company investigate alleged irregularities in the bidding process for the construction of a 650-kilometer underwater pipeline to supply natural gas from west of the Natuna island group to Singapore. "We have instructed Pertamina to examine the bidding process. We are awaiting the reports of the probe," Kuntoro said.
Tue, 30 Mar 1999, 00:00 WIB
Conversion Rates
Conversion Rates Bank Bali's conversion rates on March 29, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.
Tue, 30 Mar 1999, 00:00 WIB
Zawawi to appear in court soon
Zawawi to appear in court soon JAKARTA (JP): The Jakarta Prosecutor's Office is expected to submit to the North Jakarta District Court this week dossiers detailing the alleged involvement in corrupt practices of former head of the Jakarta Logistics Agency (Dolog Jaya) Ahmad Zawawi. "We have completed the dossiers," assistant for intelligence at the prosecutor's office, Andi Syarifuddin, announced after attending the inauguration ceremony of Jakarta's Provincial Elections Committee on Saturday.
Tue, 30 Mar 1999, 00:00 WIB
Bantimurung National Park's butterflies in danger
Bantimurung National Park's butterflies in danger By Jupriadi MAROS, South Sulawesi (JP): Butterflies, one of the most beautiful species in the world, are widely found in Bantimurung, Maros, 45 kilometers north of Ujungpandang. Researcher Mappatoba Sila of Hasanuddin University, Ujungpandang, revealed last month that 50 percent of butterfly species found in Bantimurung were declared extinct. A survey shows that of the 270 species registered, only 143 have survived.
Tue, 30 Mar 1999, 00:00 WIB
PPP's Djafar appointed to chair elections committee
PPP's Djafar appointed to chair elections committee JAKARTA (JP): Head of the United Development Party's (PPP) Jakarta chapter, Djafar Badjeber, was appointed chairman of the Provincial Elections Committee (PPD I) for the capital on Saturday. Djafar, who received 23 votes from 50 ballots, will be assisted in the new body by two deputy chairmen: Harun Al Rasyid (22 votes), also head of the Masyumi Islamic Political Party, and Bagus Suharyono (20 votes) from the city administration.
Tue, 30 Mar 1999, 00:00 WIB
Govt to issue travel ban on bad bankers
Govt to issue travel ban on bad bankers JAKARTA (JP): The government will slap travel bans on the owners and executives of 38 recently liquidated banks on Tuesday, the minister of justice said on Monday. The travel ban will be imposed on "about 150 to 200 people tomorrow morning", Muladi announced after meeting a delegation of the International Commission of Jurists at the Ministry of Justice.
Tue, 30 Mar 1999, 00:00 WIB
WB urged to postpone aid package
WB urged to postpone aid package JAKARTA (JP): About 100 people protested in the lobby of the 31-story Jakarta Stock Exchange (BEJ) tower on Monday, demanding World Bank (WB), whose offices are in the building, postpone the disbursement of its Rp 109.52 billion emergency fund intended for Jakarta's poor.
Tue, 30 Mar 1999, 00:00 WIB
Rallies allowed in public sites
Rallies allowed in public sites JAKARTA (JP): The General Elections Commission (KPU) ruled on Monday that political rallies would be permitted in public places, and the number of participants would not be limited. Commission members last week proposed that the code of conduct on election campaigning, which was endorsed on Monday, restrict the size of rallies. In response to fears of rallies becoming violent, it was suggested that they be limited to a maximum of 10,000 people.
Tue, 30 Mar 1999, 00:00 WIB
Brawl kills three in Manggarai
Brawl kills three in Manggarai MAUMERE, East Nusa Tenggara: At least three people were killed when residents from two villages in Manggarai Regency clashed over the weekend, Pos Kupang reported on Monday. Regent Gaspar Parang Ehok told the daily that the brawl, which pitted Lao Desa villagers against Dalo village residents, was sparked by a land dispute. He said security authorities restored order. "Envy (between the villages) has a long history.
Tue, 30 Mar 1999, 00:00 WIB
Former village head killed
Former village head killed KENDAL, Central Java: A former village head was killed and 14 homes were destroyed in a riot during a village election in Margorejo in the Cepiring district here. Several recent village head elections in Central Java have similarly ended in violence. Kendal Police chief Lt. Col. Saiful Bahri said police were investigating the incident. The victim, Fauzi, 50, was believed to have been killed in his home.
Tue, 30 Mar 1999, 00:00 WIB
TV today
TV today TVRI 5:30 a.m. Religious Teachings 6:00 Morning News 7:00 Children's Program 7:30 TV Series 8:00 Music 8:30 Tour and Travel 9:00 Music 10:00 Interval 2:00 p.m.
Tue, 30 Mar 1999, 00:00 WIB
Asian recovery could take decades: Hewson
Asian recovery could take decades: Hewson CANBERRA (AP): Former conservative leader John Hewson on Monday warned that Asia could take decades to recover from its economic crisis, and more contagion is possible if major economies devalue their currencies. "In terms of the long-term structural process that has been unleashed by the Asian crisis, I am pessimistic for many years to come," Hewson, an economist with ABN AMRO, told the Australian Industry Forum.
Tue, 30 Mar 1999, 00:00 WIB
ICJ calls for trial of human rights violators in Aceh
ICJ calls for trial of human rights violators in Aceh JAKARTA (JP): The Geneva-based International Commission of Jurists (ICJ) called on the government on Monday to send alleged human rights perpetrators in the troubled province of Aceh to trial.
Tue, 30 Mar 1999, 00:00 WIB
Major parties back KPU's code of conduct
Major parties back KPU's code of conduct JAKARTA (JP): All major political parties, excluding the Golkar Party, gave a thumbs up to the General Election Commission's campaign code of conduct barring political parties from recruiting state officials, including ministers, from campaigning. Golkar chairman Akbar Tandjung has protested the commission's ruling, saying ministers could take time off from their official positions to take part in the campaigns.
Tue, 30 Mar 1999, 00:00 WIB
Banyuwangi's regent resigns
Banyuwangi's regent resigns Banyuwangi Regent, T. Purnomo Sidik has finally resigned from his post. He stepped down after an organization known as the Group of 101 insisted that he relinquish the position. The demand was part of a package deal proposed to resolve the mysterious mass killings of alleged black magic practitioners in East Java early this year.
Tue, 30 Mar 1999, 00:00 WIB
Winsurfers gear up for Olympic qualifications
Winsurfers gear up for Olympic qualifications JAKARTA (JP): National windsurfers Oka Sulaksana and Fadli Faizal must be ranked among the top 20 in the world in order to qualify for the 2000 Olympics in Sydney, coach Iskandar Sitompul said on Monday. Oka and Fadli are training for the pre-Olympic qualifying rounds in Sydney on Sept. 15 to Sept. 26. Both athletes will then compete in the World Championships from Nov. 18 to Nov. 24.
Tue, 30 Mar 1999, 00:00 WIB
Asian markets fall as buyers stay out
Asian markets fall as buyers stay out TOKYO (AFP): Asian stock markets with the exception of Shanghai tumbled Monday as buyers stayed on the sidelines in the absence of fresh incentives, dealers said. Shanghai B shares, technically reserved for foreign investors, rose 6.4 percent as a profit-sharing plan announced by a toy and textiles maker sparked buying, dealers there said.
Tue, 30 Mar 1999, 00:00 WIB
Secretaries: Be-all, end-all of firms
Secretaries: Be-all, end-all of firms By Lena Rosenthal JAKARTA (JP): Painting their fingernails, making coffee or showing off their oh-so-short miniskirt, a present from the boss, the stereotypical secretary was never thought to belong to the "smart crew" of any business. However, looking at the self-confident and well-educated women who mainly occupy these positions, one can have reasonable doubt whether any of the biased assumptions mentioned above can to be applied to today's secretaries.
Tue, 30 Mar 1999, 00:00 WIB
RI, foreign banks agree on debt solution
RI, foreign banks agree on debt solution JAKARTA (JP): The government and a group of 13 foreign banks announced in a joint statement released on Monday that they had reached an agreement on the terms to restructure the debts of cash-strapped Indonesian banks. According to the statement, issued by Bank Indonesia, the "interbank debt exchange" agreement would cover Indonesian banks' foreign debts payable by Dec. 31, 2001. The statement, however, did not specify the amount of debt covered.
Tue, 30 Mar 1999, 00:00 WIB
Where to go in Bandung:
Where to go in Bandung: Exhibitions * Photo Exhibition: Germany Advertisement Photograph in 1925- 1988, at Galeri Soemardja, Bandung Institute of Technology, Jl. Ganesha 10, 9 a.m. to 5 p.m., until April 10. * Photo Exhibition: Herve Dangla and Francois Sevreau, at Bandung Institute of Technology, Architecture Department, 8 a.m. to 4 p.m., until April 3. Performances * European Union Music Festival, Logos (Belgium), at CCF - French Cultural Center, Jl. Purnawarman 32 (Phone: 022 4212417), 8 p.m.
Tue, 30 Mar 1999, 00:00 WIB
Swiss activist detained
Swiss activist detained KUCHING, Malaysia (AP): A Swiss activist who lived for years with one of the "lost tribes of Borneo" and who is banned from Malaysia for his battle against the logging that has depleted their rain forest habitat, was detained on Monday. Bruno Manser, who spent six years with the nomadic Penans of Sarawak in the 1980s, was grabbed by immigration officials after flying a motorized paraglider over the capital of this Malaysian state on northern Borneo island.
Tue, 30 Mar 1999, 00:00 WIB
Renewal of spirit
Renewal of spirit I am not in favor of, or against any group or political party. Please read my words; I am in favor of renewal of spirit in every field, if that is possible. Statesmen with vision should see every development in an historical perspective. To historians, the reform movement which led to the downfall of Soeharto is seen as process of renewal in democratic spirit from a so-called Pancasila democracy to a transparent democracy.
Tue, 30 Mar 1999, 00:00 WIB
Bank recapitalization is on track: Officials
Bank recapitalization is on track: Officials JAKARTA (JP): Minister of Finance Bambang Subianto and Bank Indonesia Governor Sjahril Sabirin reassured the public on Monday that the government's bank recapitalization program was proceeding as scheduled. Sjahril said owners of the nine private banks joining the recapitalization program had guaranteed their ability to provide their 20 percent of recapitalization funding.
Tue, 30 Mar 1999, 00:00 WIB
Indosat's credit card call
Indosat's credit card call JAKARTA (JP): State-owned international call operator PT Indosat, in cooperation with Citibank, Indonesia, on Monday launched a new service called Credit Card Calling Service. "With this new service, Citibank cardholders in Indonesia can now make international calls from any phone in Indonesia to 260 countries by dialing their credit card number and PIN number," Indosat's president Tjahjono Soerjodibroto said.
Tue, 30 Mar 1999, 00:00 WIB
RI to join Korean expo
RI to join Korean expo JAKARTA (JP): The government is to send a delegation to South Korea to promote Indonesia's tourism industry at the Kangwon International Tourism Expo, governor of South Korea's Kangwon province Kim Jun Sun said here on Monday. Kim said the expo, which would be held in Kangwon province for 50 days starting from Sept. 10, was expected to draw three million visitors and governmental delegations from 50 countries across the world.
Tue, 30 Mar 1999, 00:00 WIB
Astra Agro's profits soar
Astra Agro's profits soar JAKARTA (JP): Publicly listed PT Astra Agro Lestari reported on Monday its net profits jumped by 146.6 percent to Rp 223.4 billion in 1998 from Rp 90.6 billion the previous year. The soaring profits resulted from the increase in net sales to Rp 853.7 billion from RP 459 billion the previous year. Sales of crude palm oil (CPO) made up 91.6 percent of the company's revenue last year. This was made possible by the rising price of CPO on the international market.
Tue, 30 Mar 1999, 00:00 WIB
Supreme Court initiatives vital for free polls
Supreme Court initiatives vital for free polls JAKARTA (JP): A poll monitoring body urged the Supreme Court on Monday to take the initiative to secure a free and fair general election. The Independent Poll Monitoring Commission (KIPP) said in its recent report on election developments that the Supreme Court should give its legal ruling on alleged violations to the Elections Law and Political Party Law.
Tue, 30 Mar 1999, 00:00 WIB
GE Capital Service to buy majority stake in Bank Bali
GE Capital Service to buy majority stake in Bank Bali JAKARTA (JP): GE Capital Services, the financial arm of the U.S.-based General Electric Co., plans to acquire a majority stake in Bank Bali, a bank director confirmed on Monday. Bank director Subarjo Joyosumarto, said the American investor was in the final round of talks on recapitalization of the publicly listed bank.
Tue, 30 Mar 1999, 00:00 WIB
Elections commission on learning curve
Elections commission on learning curve JAKARTA (JP): The 20-day-old, 53-member General Elections Commission (KPU) is learning-by-doing as it attempts to foster democracy through the implementation of a free and fair general election this year. Great expectations have been placed on the commission, assigned to pave the way for free and fair polls. Led by former minister of home affairs Gen. (ret) Rudini, its decisions have either been hailed or criticized by the public and government officials.
Tue, 30 Mar 1999, 00:00 WIB
Alleged vehicle thief shot dead
Alleged vehicle thief shot dead JAKARTA (JP): South Jakarta Police shot dead a man for allegedly resisting arrest early Monday, after he was caught trying to steal a car parked in the Bukit Duri area in Tebet, an officer said. City Police spokesman Lt. Col. Zainuri Lubis, identified the suspect as Nata bin Pulung, believed to be a homeless man in the area. Nata was shot in the head and chest, Lubis said.
Tue, 30 Mar 1999, 00:00 WIB
Madurese evacuation to Pontianak suspended
Madurese evacuation to Pontianak suspended SINGKAWANG, West Kalimantan (JP): As peace and order gradually returns to Sambas, Regent Tarya Aryanto discontinued the evacuation of local Madurese refugees to Pontianak, citing the crowded refugee centers in the provincial capital. Tarya said the remaining 8,000 Madurese refugees in the regency would be sheltered in the Pasir Panjang coastal area here and other as yet undesignated areas.
Tue, 30 Mar 1999, 00:00 WIB
Madura power by September
Madura power by September PAMEKASAN, East Java: State electricity company PLN will install two gas-fueled power plants for the blacked-out island of Madura, an official said on Sunday. Head of PLN Java-Bali power distribution Rahmat Hariyanto told Antara on Sunday the two power plants were expected to start operating in September. The two generators have a total power capacity of 38 megawatts.
Tue, 30 Mar 1999, 00:00 WIB
Who will triumph at the polls?
Who will triumph at the polls? This is the second of two articles on the mapping of Indonesian politics prepared by Lance Castle, a visiting lecturer in political science at Gadjah Mada University, Yogyakarta. YOGYAKARTA (JP): New political parties are visible and audible everywhere and the message that Golkar stands for failure and betrayal is beamed into tens of millions of homes. Golkar might get about one-tenth of its previous vote total for various reasons, mainly habit.
Tue, 30 Mar 1999, 00:00 WIB
BBD offers high severance pay
BBD offers high severance pay JAKARTA (JP): State-owned Bank Bumi Daya (BBD) will provide up to Rp 150 million (about US$17,000) in severance pay to bank officials who choose to resign or take an early retirement. "BBD employees who have been with the bank for five to six years are entitled to good severance pay if they want to resign," BBD's director, Ira Hendraman, was quoted as saying by Antara on Monday.
Tue, 30 Mar 1999, 00:00 WIB
Pistol found near airport
Pistol found near airport TANGERANG (JP): Head of the Soekarno-Hatta International Airport Police subprecinct Capt. Titik Valentina found a revolver dumped by two unidentified man riding a motorcycle in a street near the airport on Saturday night. The policewoman said she was driving to the airport with her deputy when she saw a black plastic bag dropped from a motorcycle in front of their vehicle.
Tue, 30 Mar 1999, 00:00 WIB
Habibie, KPU still at odds over ministers
Habibie, KPU still at odds over ministers JAKARTA (JP): President B.J. Habibie and the General Elections Commission (KPU) are still at loggerheads over the question of Cabinet ministers participating in election campaigns. On Monday, Habibie's position was boosted by the Supreme Court's ruling on Friday that the head of state would have the final say in the matter.
Tue, 30 Mar 1999, 00:00 WIB
GMI halts expansion plan due to crisis
GMI halts expansion plan due to crisis JAKARTA (JP): Automotive producer General Motors Indonesia (GMI) has put on hold some of its local expansion projects due to the economic crisis. GMI's president William S. Botwick said on Monday that the company initially planned to introduce new models of four-wheel drive vehicles in the country, but it had to cancel the plan.
Tue, 30 Mar 1999, 00:00 WIB
Promises must be kept
Promises must be kept From Media Indonesia In the last few days we have been reading media reports on the controversy of whether or not ministers in the reform Cabinet will be permitted to join election campaigns following the aspirations of their respective political parties. This controversy has drawn our attention considerably, in view of the threat made by several parties that they will withdraw from the General Election Commission (KPU).
Tue, 30 Mar 1999, 00:00 WIB
Pelindo unit sale not undervalued, says govt official
Pelindo unit sale not undervalued, says govt official JAKARTA (JP): The government denied on Monday allegations that the sale of PT Jakarta International Container Terminal, a unit of state-owned port operator PT Pelindo II, to Hong Kong's Hutchison Whampoa was undervalued. A senior official at the State Ministry of the Empowerment of State Enterprises, Sofyan Djalil, said the privatization deal was the best offer the government received due to the bearish market.
Tue, 30 Mar 1999, 00:00 WIB
Davis Cup
Davis Cup Correction: In Monday's Davis Cup story on page seven, it was written ... "While the Indonesian team ... crashed to Qatar 5-0." It should have been "... the Indonesian team crushed Qatar 5-0. We apologize for the error. -- The editor
Tue, 30 Mar 1999, 00:00 WIB
Indonesian Recovery to buy corporate debt
Indonesian Recovery to buy corporate debt HONG KONG (AFP): Hong Kong-based Asia Debt Management and Indonesia's PT Bhakti Investama Tbk said on Monday they had formed a joint venture to buy corporate debt and other tradable assets in the Southeast Asian nation. The joint venture, called Indonesian Recovery Co., will seek to "maximize the opportunities for investing in the corporate restructuring process in Indonesia," a statement from the two partners said.
Tue, 30 Mar 1999, 00:00 WIB
Habibie follows through on nine-point promise to Aceh
Habibie follows through on nine-point promise to Aceh JAKARTA (JP): President B.J. Habibie summoned 15 ministers on Monday to follow up on his nine-point promise made to people in Aceh during his one-day trip to the province last week, including legal action against those involved in rights abuses there.
Tue, 30 Mar 1999, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on March 29, 1999: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 225 0 0 AHAP Insurance 400 0 0 Alakasa Industrindo 75 0 0 Alter Abadi 200 0 0 Alumindo Light Metal 350 0 12,500 Aneka Kimia Raya 100 0 10,000 Aneka Tambang (Persero) 1,450 25 472,000 Anwar Sierad 50 0 109,500 APAC Centertex Corp 225 25 35,000 Aqua Golden Mississippi 2,700 0 0 Argha Karya Prima Industri 100...
Tue, 30 Mar 1999, 00:00 WIB
ARMI takes over Shell's gas block
ARMI takes over Shell's gas block JAKARTA (JP): The government has approved American company Atlantic Richfiled Muriah Inc.'s (ARMI) acquisition of the Muriah gas block off the coast of Central Java from Dutch energy company Shell, state oil and gas firm Pertamina said on Monday. Pertamina spokesman Ramli Djaafar said Shell sold its 100 percent stake in the 7,200 square kilometer Muriah block, but he did not provide the value of the transaction.
Tue, 30 Mar 1999, 00:00 WIB
Police search for provocateurs of fatal incident in Bogor
Police search for provocateurs of fatal incident in Bogor BOGOR (JP): Police are still searching for two men believed to be responsible for spreading rumors that led to a street brawl and river drownings on Friday, so far claiming the lives of 14 students. As of Monday evening, divers from the police Mobile Brigade were searching the Cisadane River, where the 14 bodies were found, for more Jakarta maritime high school student corpses.