Archive: 6 March 1999
45 articles found
Sat, 06 Mar 1999, 00:00 WIB
Robbers escape with Rp 43 million
Robbers escape with Rp 43 million JAKARTA (JP): A gang of eight armed robbers broke into a house at Raden village in Pondok Gede, Bekasi at 3:30 a.m on Friday, and escaped with Rp 43 million after threatening the victims with sharp weapons and a pistol. City police spokesman Lt. Col. Zainuri Lubis said the victims, Basri, 45, and his wife Yayuk, 35, were not hurt, as they complied with the criminal's demands.
Sat, 06 Mar 1999, 00:00 WIB
Singapore rating to remain stable: Moody's
Singapore rating to remain stable: Moody's SINGAPORE (Reuters): Singapore's Aa1 sovereign rating is likely to stay in place for the medium term despite ongoing problems in neighboring Indonesia, a senior analyst with Moody's Investors Service said on Friday. "I think that if the crisis were to go on or to worsen in both Indonesia and Malaysia, one would have to give that some thought," Moody's sovereign analyst for Singapore, Malaysia, Indonesia and Hong Kong, Steven Hess, told Reuters.
Sat, 06 Mar 1999, 00:00 WIB
East Java poor reach 11.1 million
East Java poor reach 11.1 million SEMARANG: There as 11.1 million people classified as poor in East Java, some 36.7 percent of the total population of 30 million. Antara also reported the number of those who had lost their jobs reached 55,316 people from 64 companies by February.
Sat, 06 Mar 1999, 00:00 WIB
RI can still take leading ASEAN role
RI can still take leading ASEAN role JAKARTA (JP): Indonesia remains a key member of the 10-member Association of Southeast Asian Nations (ASEAN), despite its mounting domestic problems, Malaysian foreign minister Syed Hamid Albar said on Friday. "I don't think Indonesia's domestic problems seriously affect its role in ASEAN. Indonesia can still play a leading role," Hamid said after meeting President B.J. Habibie, Minister of Foreign Affairs Ali Alatas and Armed Forces Commander Gen. Wiranto.
Sat, 06 Mar 1999, 00:00 WIB
Asiad bid
Asiad bid From Media Indonesia I wish to propose to Indonesia's sports leaders to bid for the 2010 Asian Games and not the 2006 Games. I have the following reasons: 1. I have heard that the target for the 2006 Asiad is only a sixth ranking overall, i.e. just over 10 medals, below the 25 medals won by Kazakhstan and Thailand in the previous two Asiads. 2.
Sat, 06 Mar 1999, 00:00 WIB
Albright praises Indonesian reforms
Albright praises Indonesian reforms JAKARTA (JP): Visiting U.S. Secretary of State Madeleine Albright made full use of her stay here on Friday, meeting President B.J. Habibie for two hours lauding Indonesian reforms, before going on to meet with East Timorese leader Jose Alexandre "Xanana" Gusmao and a group of community and political leaders. She finished her whirlwind two-day visit here Friday evening when she departed for London on a 7.30 p.m. special flight.
Sat, 06 Mar 1999, 00:00 WIB
City-owned firms exempted from making contributions
City-owned firms exempted from making contributions JAKARTA (JP): The city administration has exempted several city-owned companies from making contributions to the revenue office as their profits have dropped sharply due to the effects of the economic crisis, an official said on Thursday. "The obligation to make contributions is only imposed on companies which make good profits," Deputy Governor for Development Affairs Budihardjo Sukmadi said.
Sat, 06 Mar 1999, 00:00 WIB
Investment in Asian tigers down 12%
Investment in Asian tigers down 12% GENEVA (Reuters): Foreign direct investment (FDI) in five Asian countries most hit by the region's crisis fell to US$15.4 billion in 1998 from $17.5 billion the year before, a 12 percent drop, a United Nations agency said on Thursday.
Sat, 06 Mar 1999, 00:00 WIB
Task force meets KONI chairman
Task force meets KONI chairman JAKARTA (JP): The task force responsible for reviewing the National Sports Council's (KONI) statute, held a meeting with newly elected council chairman Wismoyo Arismunandar on Friday to discuss progress on the statute preparation. Head of the task force, Putra Astaman, said that his team suggested that an executive member could hold more than one post on the board.
Sat, 06 Mar 1999, 00:00 WIB
Economy will continue to contract this year: CSIS
Economy will continue to contract this year: CSIS JAKARTA (JP): Indonesia's economy will continue to shrink this year, primarily because of incertitude over the bank restructuring program and the settlement of the huge corporate foreign debt overhang, the Centre for Strategic and International Studies (CSIS) has predicted. CSIS economist Hadi Soesastro said on Friday that the economy might bottom out in 2000, but only if the June general election was not chaotic.
Sat, 06 Mar 1999, 00:00 WIB
Cambodia wants into ASEAN
Cambodia wants into ASEAN PHNOM PENH (Reuters): Cambodia's foreign minister told ambassadors from the Association of Southeast Asian Nations (ASEAN) on Friday that Phnom Penh was seeking entry into the group as soon as possible, a ministry official said.
Sat, 06 Mar 1999, 00:00 WIB
Govt to revise seven-month old bankruptcy law
Govt to revise seven-month old bankruptcy law JAKARTA (JP): The government plans to revise the much- criticized seven-month old bankruptcy law before the end of the year as it still contains "several shortcomings", Minister of Justice Muladi said on Friday. Muladi added the plan to revise the law was part of the government's and the House of Representatives' initial agenda before the law was enacted in August.
Sat, 06 Mar 1999, 00:00 WIB
Daiwabo opens canvas plant
Daiwabo opens canvas plant JAKARTA (JP): PT Daiwabo Industrial Fabrics Indonesia is ready to supply dryer canvas to domestic paper companies following the completion of its plant in Cirebon, West Java, company president Huto said on Thursday. "Daiwabo Indonesia will produce 50,000 cubic meters of dryer canvas this year. And we will increase it up to 120 cubic meters by 2001," Huto was quoted by Antara as saying.
Sat, 06 Mar 1999, 00:00 WIB
Golkar to officially declare itself political party
Golkar to officially declare itself political party JAKARTA (JP): The ruling political grouping Golkar opens a new chapter in its history when it officially declares itself a political party on Sunday. Andi Matalatta, chairman of the Golkar faction at the House of Representatives, said the decision was in line with the law and sweeping changes occurring in Golkar, formerly termed a "political grouping", in the past year.
Sat, 06 Mar 1999, 00:00 WIB
Govt won't sign new rice import contracts
Govt won't sign new rice import contracts JAKARTA (JP): The government will not sign new contracts for rice imports this year in order to ease pressures on the price of locally produced rice, Minister of Agriculture Soleh Solahuddin said on Friday. Soleh said import contracts secured last year are sufficient to compensate for the shortfall in local supply. "The government will honor the existing import contracts but we will not sign new contracts.
Sat, 06 Mar 1999, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Exhibitions * Technogerma Jakarta 99, exhibition on technology, environment, education etc. at Jakarta Convention Center (JCC), Central Jakarta (Phone: 572-6000), 11 a.m. - 8 p.m. until March 7. Silent movie with live music, Metropolis with Aljoscha Zimmermann (Pianist), at Pusat Perfilman Usmar Ismail (Phone: 526-8458), 7:30 p.m., March 6. Concert, Duo Koch and Stakhov, Gedung Kesenian Jakarta, Jl. Gedung Kesenian No. 1, Central Jakarta (Phone: 3808283), 8 p.m., March 7.
Sat, 06 Mar 1999, 00:00 WIB
Hotel Mulia starts paying penalty, says Sutiyoso
Hotel Mulia starts paying penalty, says Sutiyoso JAKARTA (JP): The management of five-star Hotel Mulia has started to pay the Rp 15.37 billion penalty imposed on it, amid controversy, by the city administration for violating building height restrictions, Governor Sutiyoso said on Friday. Sutiyoso said the hotel was paying the penalty in installments, but he declined to give details on when the payment started and the amount of each installment.
Sat, 06 Mar 1999, 00:00 WIB
Marijuana pays student's tuition
Marijuana pays student's tuition BANDUNG, West Java: A student who was cultivating marijuana plants said he did it to pay his tuition, Antara reported on Thursday. Sud, 26, a student at a private university here, said he grew four marijuana plants behind his home in the Cimahi district here, and used part of the money from the sale of the marijuana for his daily needs and his tuition. The student was arrested in a raid on his house on Tuesday night, Bandung Police chief Lt. Col.
Sat, 06 Mar 1999, 00:00 WIB
General election test of RI's 'political maturity'
General election test of RI's 'political maturity' JAKARTA (JP): Minister/State Secretary Akbar Tanjung said Friday that the appearance of as many as 48 contestants in the June poll was a sign of freedom and democracy but could lead to clashes among rival supporters.
Sat, 06 Mar 1999, 00:00 WIB
WB says Asia recovering, RI fragile
WB says Asia recovering, RI fragile SYDNEY (Reuters): The World Bank said on Friday Asia was showing early signs of economic recovery but the situation remained fragile, with Indonesia's economic and political future resting on free and fair elections in June. "We are seeing early signs of economic recovery but it is still a very fragile situation," World Bank East Asia and Pacific vice president Jean-Michel Severino told reporters in Sydney.
Sat, 06 Mar 1999, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on March. 5 , 1999: ------------------------------------------------------- Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 350 0 0 AHAP Insurance 400 0 0 Alter Abadi 275 0 0 Alumindo Light Metal 300 -25 11,500 Alumindo Perkasa 125 0 0 Aneka Kimia Raya 175 0 0 Aneka Tambang 1,500 0 1,988,500 Anwar Sierad 75 0 0 Apac Centertex Corp.
Sat, 06 Mar 1999, 00:00 WIB
Semen Gresik to sign agreement with Cemex
Semen Gresik to sign agreement with Cemex JAKARTA (JP): Shareholders of publicly-listed cement producer, PT Semen Gresik, gave approval on Friday to the company's proposal to sign technical aid and export cooperation agreements with its minority shareholder Mexico's Cemex S.A. de C.V.
Sat, 06 Mar 1999, 00:00 WIB
Ghalib doubts tapped chat's authenticity
Ghalib doubts tapped chat's authenticity JAKARTA (JP): Attorney General Lt. Gen. A.M. Ghalib on Friday again expressed his doubts about the authenticity of the recently leaked bugged conversation he allegedly had with President B.J. Habibie. At the same time he blasted the press for exaggerating the issue.
Sat, 06 Mar 1999, 00:00 WIB
Two thieves face citizen's arrest
Two thieves face citizen's arrest JAKARTA (JP): A resident of Jl. Kebon Kacang, Central Jakarta apprehended two men after they robbed a woman of her handbag containing Rp 7 million on Thursday morning. The two were identified as Jumaher, 20 and Selaman, 21, Lubis said. City police spokesman Lt. Col. Zainuri Lubis said that the incident took place at 1 a.m., as Tetty Arli, a resident of Tanah Abang, returned home from her office at Hotel Wisata by becak (pedicab).
Sat, 06 Mar 1999, 00:00 WIB
RI's bank reform delay prolongs distress: Thomson
RI's bank reform delay prolongs distress: Thomson HONG KONG (Dow Jones): Thomson BankWatch said Friday that Indonesia's sovereign risk rating stands at CCC and that the outlook for the country is stable. The government last week postponed the deadline for closing about 40 distressed banks saying it needed more time to evaluate individual bank recovery plans.
Sat, 06 Mar 1999, 00:00 WIB
Albright's optimism
Albright's optimism Fair is fair. There is no denying that since the downfall of president Soeharto some significant improvements in human rights and democracy have been made under the fallen autocrat's successor, B.J. Habibie. For example, the press is freer to deliver meaningful and even critical information and analyses to the public.
Sat, 06 Mar 1999, 00:00 WIB
Japan firms see better Asia
Japan firms see better Asia TOKYO (DPA): About 37 percent of Japanese manufacturers operating in Asia have predicted their host economies will begin recovering in the year 2000, the Japan External Trade Organization (JETRO) said Friday. JETRO conducted an annual survey of Japanese-affiliated manufacturers operating in China, India, Indonesia, South Korea, Malaysia, the Philippines, Singapore, Thailand and Vietnam.
Sat, 06 Mar 1999, 00:00 WIB
Caution prompted 'bank closure delay'
Caution prompted 'bank closure delay' SYDNEY (Dow Jones): Indonesia's decision last week to delay closing banks was because it wanted to act cautiously, and needed to collect more information, Indonesian State Minister for Development Planning Boediono said Friday. "The main reason is we want to be very, very sure that those (banks that) are liquidated are really the ones that aren't viable," he told Dow Jones Newswires.
Sat, 06 Mar 1999, 00:00 WIB
U.S. prefers international presence in East Timor
U.S. prefers international presence in East Timor JAKARTA (JP): United States Secretary of State Madeleine Albright said Friday her government preferred an international presence and urged disarmament of civilians in order to ensure peace in East Timor. Albright warned of the dangers of an abrupt transition in the province, which "could result in violence comparable to that which followed Portugal's withdrawal in 1975".
Sat, 06 Mar 1999, 00:00 WIB
Malaysian PM rules out alliance
Malaysian PM rules out alliance KOTA KINABALU, Malaysia (AFP): Malaysian Prime Minister Mahathir Mohamad ruled out working with the opposition on Friday should the ruling National Front coalition win the March 12 to March 13 elections. Mahathir dismissed pledges from the president of the opposition Parti Bersatu Sabah (PBS), Joseph Pairin Kitingan, who stressed the PBS would seek to have good relations with the central government if his party lost next week's poll.
Sat, 06 Mar 1999, 00:00 WIB
Brutal treatment of protesters and journalists deplored
Brutal treatment of protesters and journalists deplored JAKARTA (JP): The Indonesian Legal Aid and Human Rights Association (PBHI) and the Alliance of Independent Journalists (AJI) condemned on Friday security personnel's brutal treatment of student demonstrators and journalists. PBHI said in a statement that it would sue the Jakarta military commander and the city police chief for the security personnel's alleged brutality.
Sat, 06 Mar 1999, 00:00 WIB
Bomb blasts shatter brief calm in Ambon
Bomb blasts shatter brief calm in Ambon JAKARTA (JP): A series of bomb blasts, reported near the downtown Silo Church in Ambon on Friday, shattered the calm in the riot-torn Maluku capital, where almost two months of communal clashes have claimed at least 166 lives. Marlene Petta, a lawyer at the Maranatha riot monitoring post, told The Jakarta Post by phone from Ambon, that Muslims living in the nearby area of Sobali started throwing Molotov cocktails at the church at 8:30 p.m. local time.
Sat, 06 Mar 1999, 00:00 WIB
15 malnourished infants in Padang
15 malnourished infants in Padang PADANG, West Sumatra: Fifteen severely malnourished infants were found by a nutrition monitoring team here this week. Antara reported that eight infants were discovered on Friday in Padang Pariamanan regency and seven infants were found earlier this week. "They suffer from marasmic kwashiorkor," Winardi, an official at a health agency, said of the eight infants discovered on Friday.
Sat, 06 Mar 1999, 00:00 WIB
Indonesia, the United States and Democracy
Indonesia, the United States and Democracy The following is an abridged text of a lecture by U.S. Secretary of State Madeleine K. Albright before Indonesian civic leaders in Jakarta on the last day of her visit to Indonesia on Friday. JAKARTA: Thank you, Ambassador Roy, and thank you for the very fine representation you and your team are providing for the United States here in Indonesia.
Sat, 06 Mar 1999, 00:00 WIB
Salaries of civil servants and ABRI
Salaries of civil servants and ABRI From Tempo The salaries of civil servants and Armed Forces (ABRI) members is an indicator of political stability. There is a significant correlation between salaries and professional interest and the tendency of a code of conduct of the civil servants and ABRI. The bigger the salaries, the greater the service rendered by civil servants and ABRI; and the surer their neutrality in political activities.
Sat, 06 Mar 1999, 00:00 WIB
Conversion Rates
Conversion Rates Bank Bali's conversion rates on March 5, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.
Sat, 06 Mar 1999, 00:00 WIB
Importers have bone to pick over cheap beef remark
Importers have bone to pick over cheap beef remark JAKARTA (JP): Meat importers questioned on Friday State Minister of Food and Horticulture A.M. Saefuddin's statement on import offers for cheap Australian beef. The chairwoman of the Association of Indonesian Meat Importers (Aspidi), Frieda N. Nalapraya, said the comment that several Australian companies offered to sell beef to Indonesia at Rp 10,500 (US$1.2) per kilogram was confusing and hurt their business.
Sat, 06 Mar 1999, 00:00 WIB
Banned dragon dance reappears amid changing political climate
Banned dragon dance reappears amid changing political climate By Edi Petebang PONTIANAK, West Kalimantan (JP): West Kalimantan again saw Chinese culture celebrated at this year's Chinese New Year with public performances of the dragon dance, which has been banned for more than two decades. The dragon dance, known here as barongsai, enthralled crowds in Pontianak and Singkawang, especially the children who had only heard about the dance through magazines and television.
Sat, 06 Mar 1999, 00:00 WIB
Arts festival begins on Sunday
Arts festival begins on Sunday KENDARI, Southeast Sulawesi: The administration here is holding the Al-Kautsar Festival of traditional arts from Sunday to Wednesday, Antara reported. Organizing chairwoman Norma Kaimoeddin said here on Friday that the festival would, among others things, feature traditional drums, including the drum from the Wolio Buton mosque, which is the oldest drum in the province.
Sat, 06 Mar 1999, 00:00 WIB
ASEAN investment chiefs vow to tear down barriers
ASEAN investment chiefs vow to tear down barriers PHUKET, Thailand (AFP): Southeast Asian countries agreed in principle Friday to ditch a 2020 deadline for complete liberalization of foreign investment and decided to move quicker, officials said here.
Sat, 06 Mar 1999, 00:00 WIB
Muslim leaders say PKB 'fills NU's shoes'
Muslim leaders say PKB 'fills NU's shoes' JAKARTA (JP): Many traditional Muslim leaders assume that the National Awakening Party (PKB) is the reincarnation of the now- defunct Nahdlatul Ulama (NU) Party, a leading NU figure said. The chairman of NU's Central Java chapter, Achmad, told reporters on Friday that PKB deserved the status because it was the only political party formed and run by NU leaders.
Sat, 06 Mar 1999, 00:00 WIB
Students take to streets to condemn Ambon tragedy
Students take to streets to condemn Ambon tragedy JAKARTA (JP): Over 5,000 Muslims, mostly students, staged noisy but peaceful rallies on the capital's streets on Friday to condemn the continuing communal bloodshed in Ambon that has so far killed 166 people. Rallies of four different groups at three sites were marked with expressions such as "Allahu Akbar" (Allah is great) and "jihad" (holy war). No clashes were reported.
Sat, 06 Mar 1999, 00:00 WIB
SE Asian monies up as traders trim long greenback position
SE Asian monies up as traders trim long greenback position SINGAPORE (Dow Jones): Fearful of overextending their positions, participants in Asian regional foreign exchange markets sold U.S. dollars on Friday, lifting Southeast Asian currencies above levels seen on Thursday. The Singapore dollar, the Thai baht and the Philippine peso all rose to end the day stronger against the U.S.
Sat, 06 Mar 1999, 00:00 WIB
INRO short of money, stop buying
INRO short of money, stop buying KUALA LUMPUR (Reuters): The International Natural Rubber Organization (INRO) has run out of money for market operations and stopped buying rubber to stabilize prices, a senior official said on Friday. "We're prevented by a lack of funds from intervening even though the treaty says we must buy," INRO buffer stock manager Arch Roberts told Reuters.
Sat, 06 Mar 1999, 00:00 WIB
Bintuni Minaraya to go public
Bintuni Minaraya to go public JAKARTA (JP): Fishing and canning company PT Bintuni Minaraya said on Friday it planned to offer about 50 million new shares to the public next month to raise funds for strengthening its working capital and the operations of its subsidiaries, PT Biak Minajaya and PT Hasil Tambak Amboina. The company said it expected to raise about Rp 70 billion (US$8 million) from the initial public offering (IPO), the first IPO in Indonesia for over a year.