Indonesian Political, Business & Finance News

Archive: 5 April 1999

45 articles found

Fate of employees of liquidated banks

Fate of employees of liquidated banksFrom Media IndonesiaIn the last few days the media have reported that thousands of employees of private banks closed on March 13, 1999, have staged demonstrations at Bank Indonesia (BI) on Jl.

Details should have warned of Asian crisis: WB

Details should have warned of Asian crisis: WB BANGKOK (Dow Jones): A World Bank conference on corporate recovery in Asia on Friday said closer attention to micro-level data would have forewarned of the region's economic crisis.

Cats rout Bulls 57-24 in all-South African Super 12

Cats rout Bulls 57-24 in all-South African Super 12 JOHANNESBURG (Agencies): Cats captain Johan Erasmus led his side to a 57-24 rout of the Northern Bulls in an all-South African Super 12 rugby union match on Saturday.

Six missing in chopper crash

Six missing in chopper crash SAMARINDA, East Kalimantan: One man died and six are missing after a chopper crashed off the provincial coast on Saturday morning.As of Sunday, a joint team of the East Kalimantan coast guard and Air Force, mobile brigade unit and Bontang subdistrict administration...

Philippines overwhelms RI in Davis Cup

Philippines overwhelms RI in Davis Cup JAKARTA (JP): The Philippines won a trip to the finals in the Davis Cup Group II Asia Oceania zone after eliminating host Indonesia 4-1 on Sunday.In the first match at Senayan indoor tennis stadium on Sunday, veteran Philippines player Joseph Lizardo, 30,...

PSSI to set date for final match

PSSI to set date for final match JAKARTA (JP): Chairman of the fifth Indonesian Soccer League (Ligina) organizing committee Maj. Gen. Sartomo and deputy Iswadi Idris will fly to Manado, North Sulawesi, on Monday to set the date of the final at Klabat sports stadium.

Artificial corneas to be produced here next year

Artificial corneas to be produced here next year JAKARTA (JP): The Lions Eye Institute of Perth, Australia, the Jakarta Eye Center and the University of Indonesia's School of Medicine plan to conduct joint research here into designing highly sophisticated artificial corneas beginning next year.

Inflation decreased by 0.18% in March

Inflation decreased by 0.18% in March JAKARTA (JP): Consumer prices in March declined by 0.18 percent from the level in February, bringing the 1998/1999 fiscal year inflation to 45.44 percent, well below the government's target of 66 percent, the Central Bureau of Statistics (BPS) announced on...

KPU extends voter registration to May 4

KPU extends voter registration to May 4 JAKARTA (JP): The General Elections Commission (KPU) has extended voter registration to May 4, from the official deadline of April 29, in a bid to gather more participants, KPU chairman Rudini said on Saturday.

Thai national pride rides on WTO job

Thai national pride rides on WTO jobBy Chris Johnson BANGKOK (Reuters): The contest to lead the World Trade Organization (WTO) may seem academic elsewhere, but in Thailand it is stirring deep feelings.Deputy Prime Minister Supachai Panitchpakdi, the Thai candidate to succeed Renato Ruggiero as WTO...

Goh Chok Tong to propose Asia-Latin America summit

Goh Chok Tong to propose Asia-Latin America summit TOKYO (AFP): Singapore is to propose launching an Asia-Latin America summit meeting next year to jointly tackle the global financial crisis, a newspaper said Sunday.

Battered hotel industry faces added insults

Battered hotel industry faces added insults JAKARTA (JP): The outlook for the country's battered hotel industry may become even bleaker in the months ahead, as fears of escalating social unrest before and after the June elections will further discourage foreign tourists from visiting Indonesia, a...

ASEAN seeks Spratly guarantees

ASEAN seeks Spratly guarantees KUNMING, China (AFP): China's smaller neighbors are expected to seek reassurances over a long-standing South China Sea territorial dispute as meetings between ASEAN and China begin here on Monday.

Muslims help secure Good Friday

Muslims help secure Good Friday LARANTUKA, East Nusa Tenggara: Muslim youths here joined in securing a procession held to commemorate Good Friday.About 90 Muslim activists were asked to join security services for the six-kilometer-long procession, in which thousands of Catholics participated.

An independent police force

An independent police force With the dawning of a new era for our police force as an institution separate from the Armed Forces, we hope the police will be able to perform its duties in a more independent and autonomous way.

Hooligans leave trains vandalized

Hooligans leave trains vandalized JAKARTA (JP): Visiting soccer fans from Surabaya and Semarang caused at least Rp 500 million (US$58,823) in damage to trains of the state railway company Perumka, a company spokesman said on Sunday.

ASEAN industry website launched

ASEAN industry website launched BANGKOK (DPA): The Association of Southeast Asian Nations (ASEAN), somewhat lacking in tangible economic cooperation these days, will in early April launch a regional project you can put your finger on, at least in cyber-space.

Anwar Ibrahim's wife launches new political party

Anwar Ibrahim's wife launches new political party KUALA LUMPUR (AFP): The wife of ousted Malaysian deputy premier Anwar Ibrahim launched a new political party on Sunday and appealed to opposition groups to unite to oust Prime Minister Mahathir Mohamad.

Hooligans win the game

Hooligans win the game There seems to be fewer and fewer safe places in Indonesia today. Apart from the religious conflicts in Ambon and the bloody communal clashes in West Kalimantan, there are other places in our country which also are not secure from deleterious members of society.

Mayor installed amid tight security

Mayor installed amid tight security SURABAYA: The Mojokerto mayor, Teguh Sanyoto, and the Kediri, mayor, Maschut, were installed on Saturday by East Java Governor Imam Utomo under tight security following an investigation by the Ministry of Home Affairs into reports of money politics.

S. Kalimantan's pulp plant

S. Kalimantan's pulp plant JAKARTA (JP): Local company PT Menara Hutan Buana (MHB) will build a pulp-processing plant in South Kalimantan with an annual capacity of one million metric tons.The company's commissioner, Surachmadi Suratman said on Saturday Menara Hutan Buana has acquired 268,585...

Fire gutted shopping complex, market

Fire gutted shopping complex, market JAKARTA (JP): The top floor of the five-story Duta Merlin shopping complex on Jl. Gajah Mada in Central Jakarta was gutted by a fire sparked by welders working in the building on Saturday.No fatalities were reported but the one-hour blaze, which began at 9:30 a.

Observer warns of partisan media groups

Observer warns of partisan media groups JAKARTA (JP): According to journalists and election observers here, unethical reporting during the election process will be an obstacle to democracy and devalue the elections.In talks on Saturday, political scholar Andi A.

Key ASEAN states expected to recover from slump

Key ASEAN states expected to recover from slump SINGAPORE (AFP): Singapore's top bank has forecast that except for Indonesia, key ASEAN nations could recover from a slump and possibly register positive economic growth rates this year.Except for Singapore which emerged with a positive 1.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Installation, Drawing Exhibition: Cenderamata Orde Batu by Moelyono, at Galeri Milenium, Blok B-23, Jl. R.S. Fatmawati No. 15, South Jakarta (Phone: 7507828), until April 12. * Photo Exhibition: Revolution, at Galeri Foto Jurnalistik Antara, Jl. Antara No.

500,000 join peace parade in Yogyakarta

500,000 join peace parade in Yogyakarta YOGYAKARTA (JP): Unlike their counterparts who have fought in many parts of the country, more than 500,000 supporters of 36 political parties contesting the upcoming general election took to the streets here on Sunday for a joint rally aimed at promoting...

Experts doubt IBRA's ability to recover Rp 100t in bad debts

Experts doubt IBRA's ability to recover Rp 100t in bad debts JAKARTA (JP): Economists and financial observers have doubted the ability of the Indonesian Bank Restructuring Agency (IBRA) to recover over Rp 100 trillion (about US$11.

Who says local PCs cannot compete with the international products?

Who says local PCs cannot compete with the international products?By Zatni Arbi JAKARTA (JP): In terms of PC technology adoption, Indonesia has always been on the fast track, even though the economic crisis has drastically reduced the number who can afford new technology the moment it becomes...

Migration in eastern Indonesia

Migration in eastern Indonesia This is the first of two articles on the political impact of migration in eastern provinces, prepared by Riwanto Tirtosudarmo, a researcher at the Center for Social and Cultural Studies, the Indonesian Institute of Sciences.

U.S. mulls steel trade complaints against RI

U.S. mulls steel trade complaints against RI WASHINGTON (AP): The Commerce Department will pursue the U.S. steel industry's trade complaints against six countries including Indonesia accused of illegally pricing cut-to-length steel plates.The inquiry was triggered by a U.S.

People encouraged to register for general election

People encouraged to register for general election JAKARTA (JP): Like in other cities across the country, Indonesians in the capital who are 17 years of age and older -- except for members of the Armed Forces (ABRI) -- are being urged to register for the June 7 general election beginning on Monday.

Clarification on PT Nynex

Clarification on PT Nynex We thank you for publishing the article about the scholarships provided by PT Nynex Indonesia, a Bell Atlantic company, for students at the Bandung Institute of Technology and the Institute of Telecommunications Technology in your April 1, 1999, edition under the title...

Bus robber ends day of holdups in custody

Bus robber ends day of holdups in custody JAKARTA (JP): Muliadi Manurung was having a good day at work until he got his comeuppance late Saturday.After committing a series of holdups of passengers on public transportation vehicles plying the Pulogadung-Cikarang route, 39- year-old Muliadi was...

Sony revamps overseas units

Sony revamps overseas units TOKYO (AFP): Japan's electronics giant Sony Corp. will reorganize overseas operations, starting with a consolidation of two Indonesian plants and relocation of U.S. computer production, a report said Saturday.

New law on consumer protection

New law on consumer protectionFrom Media IndonesiaFinally, after a lone fight for 18 years, the Indonesian Consumers Foundation (YLKI) can welcome an agreed draft law on consumer protection that will be passed into a law.

Over 1,100 child workers exploited in N. Sumatra

Over 1,100 child workers exploited in N. Sumatra JAKARTA (JP): More than 1,100 child workers from poor families are being exploited in fishing structures in North Sumatra's east coastal areas, a minister said."The child workers will suffer deep trauma...

Police, parents baffled by young woman's killing

Police, parents baffled by young woman's killing JAKARTA (JP): Tuesday's murder of 24-year-old Santi Sofarina, a student at the Muhammadiyah University, remains a mystery to both her parents and local police.

Suspects caught in singer's slaying

Suspects caught in singer's slaying DENPASAR, Bali: A joint team of police detectives and military police personnel has caught four people, two of them Armed Forces members, suspected of killing a Medan, North Sumatra singer, police said on Saturday.Bali Police spokesman Maj. Y.

Consumers still have to wait for protection

Consumers still have to wait for protection JAKARTA (JP): Consumers have finally been given protection against bad goods and services, but due to the country's prolonged economic uncertainty, they may have to wait a while longer before they can enjoy it, a consumer advocate said on Saturday.

Golkar under attack, warns of reprisals

Golkar under attack, warns of reprisals SURABAYA (JP): Golkar supporters were harassed for the second time in two days as they attempted to attend a political rally on Sunday, and the ruling party's chairman Akbar Tandjung warned it would not remain passive if the attacks continued.

Kamra not paid yet

Kamra not paid yet PURWOKERTO, Central Java: One hundred members of the civilian militia (Kamra) have said that apart from allowances, they have not received their wages for February."We're afraid to demand the wage but we need it very much," a member, requesting anonymity, said last week.

Police, parties plan joint security posts

Police, parties plan joint security posts JAKARTA (JP): City police and the 48 political parties contesting the June 7 general election agreed on Saturday to set up joint security posts to help secure the polls in the capital.

At least 30 killed in fresh communal clashes in Maluku

At least 30 killed in fresh communal clashes in Maluku JAKARTA (JP): At least 30 people in Southeast Maluku have died and dozens of others were injured in communal clashes between Muslims and Christians, Antara reported over the weekend.

Easter celebrated peacefully in Ambon

Easter celebrated peacefully in Ambon JAKARTA (JP): Despite fears of renewed unrest, peace prevailed in the riot-devastated Maluku capital of Ambon on Sunday as thousands of Christian residents celebrated Easter outdoors and in churches, Antara reported.

Voter registration begins

Voter registration begins JAKARTA (JP): The General Elections Commission (KPU) appealed to the nation on Sunday to register for the June 7 general election, touted as the country's first democratic poll in over three decades.