Indonesian Political, Business & Finance News

Archive: 9 March 1999

43 articles found

Where to go in Bandung:

Where to go in Bandung:Exhibition * Photo Exhibition: Germany Advertisement Photograph in 1925- 1988, at Bandung Institute of Technology, Jl. Ganesha 10, until March 27.Performances * European Union Music Festival, at CCF - French Cultural Center, Jl.

Foundation protests workers' shooting

Foundation protests workers' shooting JAKARTA: The Legal Aid Foundation here has demanded that the military police account for the shooting of striking workers of a plywood plant on Friday. This shooting led to 12 strikers being hospitalized for bullet wounds, a statement made available to The...

Cambodia may be admitted to ASEAN

Cambodia may be admitted to ASEAN MANILA (AFP): War-torn Cambodia may be formally admitted as ASEAN's 10th member during formal ceremonies toward the end of April, Philippine Foreign Secretary Domingo Siazon said on Monday.

Housebreaker shot by ABRI occupant

Housebreaker shot by ABRI occupant JAKARTA (JP): A housebreaking criminal was shot in the neck by its occupant, a member of the Armed Forces, on Monday at Balaraja, Tangerang, on the outskirts of Jakarta.City police spokesman Lt. Col.

A tough time of transition

A tough time of transition Why was it easier for us to maintain our national integrity during the period of revolution against the Dutch? Because we had a common enemy. That helped us create a sense of national belonging and integrity.

Labor protest marks Women's Day event

Labor protest marks Women's Day event JAKARTA (JP): The celebration of International Women's Day on Monday was marked by a protest by migrant workers demanding better legal protection from abuse by overseas employers, and also an admission by President B.J.

Hendro reelected as judo chief

Hendro reelected as judo chief JAKARTA (JP): A.M. Hendropriyono, an Army lieutenant general and minister of transmigration, was elected for a second four- year term as chief of the Indonesian Judo Association at its conference in Ciloto in West Java on Sunday, Antara reported.

Foreign investors want a stake in Indosat

Foreign investors want a stake in Indosat JAKARTA (JP): Foreign investors interested in state-owned international telecommunications provider PT Indosat are demanding a controlling stake in the Indonesian satellite communications firm, a company official said on Monday.

RI's best shuttlers will go to SEA Games

RI's best shuttlers will go to SEA Games JAKARTA (JP): Indonesia will send its top badminton players for the 20th Southeast Asian (SEA) Games in Bandar Seri Begawan in August, the National Sports Council (KONI) said on Monday.

SE Asia car sales plunge

SE Asia car sales plunge BANGKOK (AP): Vehicle sales across Southeast Asia fell by 63.8 percent in 1998, according to statistics released on Monday by the Bangkok office of Honda Motor Co.Sales across the region, which has been devastated by an economic crisis that erupted in July 1997 when...

14 bars to be sealed for tax evasion

14 bars to be sealed for tax evasion JAKARTA (JP): At least 14 entertainment spots in West Jakarta will be closed next Wednesday because the owners have not paid taxes totaling Rp 1 billion (US$111,111), an official said on Monday.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 8, 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 0 0 Alumindo Perkasa 125 0 0...

KPDE reports millennium bug hurdle cleared

KPDE reports millennium bug hurdle cleared JAKARTA (JP): The city administration declared on Monday that its computer system is ready to cope with the double digit millennial problem widely known as the Y2K bug.

Police shoot dead three armed robbery suspects

Police shoot dead three armed robbery suspects JAKARTA (JP): Police shot dead three men in East Jakarta on Sunday for resisting arrest after officers tried to detain them as suspects in a notorious series of violent robberies in the capital over the last two months.

Obituary

Obituary Siti Wahjunah, widow of Indonesia's first prime minister Sutan Sjahrir, died on Monday night at Pertamina Hospital in South Jakarta.Siti, 78, better known as Poppy Sjahrir, was diagnosed with bronchopneumonia when admitted to the hospital four weeks ago, her niece Gita Prasojo said.

Singapore, HK vie for Asia's top spot

Singapore, HK vie for Asia's top spotBy P. Parameswaran SINGAPORE (AFP): Arch-rivals Singapore and Hong Kong have raised the stakes in their long-running battle for the coveted status of Asia's number-two financial center after Tokyo, analysts say.

Rp 50b set for transfer of teachers

Rp 50b set for transfer of teachers JAKARTA (JP): The Ministry of Education and Culture has allocated Rp 50 billion (US$5.5 million) to finance the resettlement of teachers from East Timor, where tensions between prointegration and proindependence groups have escalated.

Penalty eyed for rupiah physical transfer abroad

Penalty eyed for rupiah physical transfer abroad JAKARTA (JP): Bank Indonesia Governor Syahril Sabirin said on Monday that the government was proposing a penalty system for the physical transfer of rupiah banknotes out of and into the country in a bid to curb overseas counterfeiting of the rupiah...

A new Golkar?

A new Golkar? The sudden deluge which washed out the pre-election rally for Indonesia's ruling Golkar party may well be a portent for the June 7 poll. After decades as the poodle of former President Soeharto, the party may find it takes more than a recent apology for past misdeeds before it can...

Indorayon workers want more security

Indorayon workers want more security MEDAN, North Sumatra: Employees of pulp and rayon mill PT Inti Indorayon Utama on Monday headed to the provincial council to voice their demands, including that the security forces step up their guard around the plant in Porsea, North Tapanuli.

Export financing agency to be legalized

Export financing agency to be legalized JAKARTA (JP): The government is to issue a government regulation by April as a basis for creating an export financing agency, the central bank's director Dono Iskandar said on Monday.

East Timor autonomy draft reviewed

East Timor autonomy draft reviewed JAKARTA (JP): The government will review its draft on wide- ranging autonomy for East Timor, casting doubts over the possibility of United Nations-sponsored talks between Indonesia and Portugal later this week making any progress toward an agreement.

Soldiers' unholy war

Soldiers' unholy war After a two month pause, students returned to the streets of Jakarta last week, while security personnel also reappeared to demonstrate their inclination for unnecessary violence.Although we are not referring to a boxing bout, it is a common outcome that one party ends up black...

Fire damages warehouse

Fire damages warehouse JAKARTA (JP): Fire partially gutted a warehouse at the Putra Kalimantan building complex on Jl. Gatot Subroto in South Jakarta on Monday afternoon.No fatalities were reported and material losses have yet to be calculated.

Conversion Rates

Conversion Rates Bank Bali's conversion rates on March 8, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,890.00 8,890.00 8,890.00 8,930.00Australian dollar 1 5,540.35 5,619.25 5,500.00 5,700.00Austrian schilling 1 694.06 702.96 - -Belgian franc 1 236.

Keep state secrets, Akbar warns officials

Keep state secrets, Akbar warns officials JAKARTA (JP): A veiled warning was conveyed Monday to officials who failed to maintain state secrets.At a ceremony for the installation of new officials, Minister/State Secretary Akbar Tandjung said it was "our joint responsibility in keeping state secrets".

Party loyalties set the stage for clashes

Party loyalties set the stage for clashes JAKARTA (JP): Election-related violence loomed in parts of the country on Monday as political parties staged unofficial rallies ahead of the June 7 polls.Tension boiled over into a clash when supporters of the United Development Party (PPP) fought with...

Minister Rahardi rules out new restriction on log exports

Minister Rahardi rules out new restriction on log exports JAKARTA (JP): Minister of Industry and Trade Rahardi Ramelan ruled out on Monday any plans to reimpose an export restriction on logs despite complaints from wood-processing industries about the scarcity of logs on the local market.

13,000 E. Java infants malnourished

13,000 E. Java infants malnourished JAKARTA (JP): Thirteen thousand malnourished infants have been discovered in East Java, with those living in cities more likely to suffer from the condition, Antara reported on Saturday.

Australia: Responding to RI's transformation

Australia: Responding to RI's transformation This is the second of two articles based on an address by Australian Foreign Minister Alexander Downer in the Australia- Asia Institute's 1999 Australia in Asia Lecture Series State Library of New South Wales, Sydney, on March 1, 1999.

Leftover food leaves hotel employee jobless

Leftover food leaves hotel employee jobless JAKARTA (JP): A dismissal from work during this time of economic hardship is a nightmare for anybody, particularly those living in the capital, where the prices of goods and services have skyrocketed.

HK firm to tender Bakrie debt

HK firm to tender Bakrie debt HONG KONG (AFP): Hong Kong-based debt consultancy Asia Debt Management has offered to take control of some US$1.1 billion in debt owed by troubled Indonesian conglomerate Bakrie and Brothers to creditors.

Cambodia rejects UN tribunal for Ta Mok

Cambodia rejects UN tribunal for Ta Mok PHNOM PENH (AFP): Captured Khmer Rouge leader Ta Mok was set on Monday to be the first and only Khmer Rouge leader to stand trial for genocide but the Cambodian government again rejected UN proposals for an international tribunal.

Megawati and Soeharto's trial

Megawati and Soeharto's trialFrom MerdekaIn a number of meetings held by the supporters and cadres of the Indonesian Democratic Party of Struggle (PDI Perjuangan), Megawati Soekarnoputri has attracted mass attention by expressing her dislike of the continued condemnation of Soeharto.

Two men attacked by mob in renewed Ambon violence

Two men attacked by mob in renewed Ambon violence JAKARTA (JP): Two men were attacked by a mob in renewed violence in the riot-torn Maluku capital of Ambon on Monday.There was confusion on the status of the victims.

Rates for tax payment, valid from March. 8 to March 14

Rates for tax payment, valid from March. 8 to March 14 U.S. dollar 1 Rp 8,815.00Austrian schilling 1 692.30Australian dollar 1 5,455.60Belgian franc 1 236.15Canadian dollar 1 5,776.54Swiss franc 1 5,992.11Deutschemark 1 4,870.70Danish krone 1 1,283.34French franc 1 1,452.28Poundsterling 1 14,163.

Code of conduct needed to avoid campaign violence

Code of conduct needed to avoid campaign violenceBy Edith Hartanto JAKARTA (JP): Political observers are making urgent calls for the establishment of a code of conduct for election campaigning, scheduled for May 15 until June 4, to avoid clashes between supporters of the 48 poll contestants.

Legal experts fault autonomy bill

Legal experts fault autonomy bill JAKARTA (JP): More criticism has been heaped on the bill on regional administration, with legal experts and regional figures saying that the government has not comprehended the resentment caused by decades of centralization.

Howard faces dilemma on E. Timor

Howard faces dilemma on E. TimorBy Hilman Adil This is the second of two articles on Australia's policy on East Timor. JAKARTA (JP): The ambivalent Australian posture reemerged in its reaction toward Indonesia's announcement that it would allow East Timor to become independent if the people...

Yunus defends press freedom

Yunus defends press freedom JAKARTA (JP): Minister of Information Muhammad Yunus delivered on Monday a strong defense for freedom of the press to critical legislators, saying he would prefer "newspapers without a government" to "a government without newspapers.

A prayer for the nation

A prayer for the nationFrom Media IndonesiaThe Association of Muslim Intellectuals (ICMI) would like to express its deep condolences for the tragedy that has befallen the people and nation recently, particularly the catastrophe that occurred in Ambon, Maluku.

UKI student tried for kidnapping police officer

UKI student tried for kidnapping police officer JAKARTA (JP): An Indonesian Christian University (UKI) student was indicted at the South Jakarta District Court on Monday for kidnapping a police officer.Prosecutor M.

Companies told to honor minimum wage ruling

Companies told to honor minimum wage ruling TANGERANG (JP): All companies here have been reminded of their obligation to abide by the government's ruling governing an increase in monthly regional minimum wages by an average of 16.7 percent as of April 1.