Indonesian Political, Business & Finance News

Archive: 19 May 1999

52 articles found

Botanical Gardens broke, less frequented

Botanical Gardens broke, less frequentedBy Sapto HP JAKARTA (Antara): At 182 years old, Asia's oldest botanical garden is groaning in pain due to the merciless economic crisis.As Bogor Botanical Gardens, about 60 kilometers south of here, celebrated its birthday on May 18, its coffers stand drained...

Crazy advice

Crazy advice What Mr. Dirk J.J. Vleugels suggests -- that Indonesia should vote for a president who does not have a religion -- is unreasonable (The Jakarta Post, May 12, 1999, A neutral president). In fact, religion does not belong to the 19th century only, but is needed in all centuries.

Villagers may own homes at last

Villagers may own homes at last JAKARTA (JP): Jakarta Governor Sutiyoso promised on Tuesday to allow residents of a small industry village in Pulogadung, East Jakarta, to gain ownership rights to their houses.

Beware of intruders: Police

Beware of intruders: Police JAKARTA (JP): City police chief Maj. Gen. Noegroho Djajoesman warned security personnel of all 48 political parties on Monday of the possible presence of "uninvited intruders"."We ask you to be on alert physically and mentally.

Party supporters hitch rides

Party supporters hitch rides BANDARLAMPUNG, Lampung: Hundreds of participants in the peaceful rally of political parties here found themselves without transportation at the end of the day and had to hitch a ride from passing motorists.

Couple busted in WW2 bomb remains blast

Couple busted in WW2 bomb remains blast TERNATE, Maluku: A couple in their 30s have been apprehended following last week's explosion of a 25-kilogram bomb which killed at least six villagers of Tutumaleleo at Galela subdistrict in Halmahera Islands, North Maluku, a police spokesman said here...

Irianese still waiting for their ballot papers

Irianese still waiting for their ballot papersBy Neles Tebai JAYAPURA, Irian Jaya (JP): While citizens in several provinces are praying the campaign season and elections will be safe, those in far flung areas such as Irian Jaya are not even sure whether the ballot papers will arrive on time.

Navy warship to bring supplies to Maluku

Navy warship to bring supplies to Maluku TERNATE, Ambon: The Navy's warship and patrol ship under the coordination of the eastern Fleet's Marine Security Task Force (Guskamla) will help distribute election facilities, including ballot boxes and papers, to 320 islands in the North Maluku district.

Feisal warns of election disruptions

Feisal warns of election disruptions JAKARTA (JP): On the eve of the campaign period, the government issued a fresh warning of attempts by certain groups to disrupt the June 7 general election.Coordinating Minister for Political and Security Affairs Gen.

People on the move to escape riots

People on the move to escape riotsBy I. Christianto JAKARTA (JP): Civil unrest as a result of economic and political crisis has become a major concern of most people in the country in recent months. And many people have become nervous about campaign activities, which start today (May 19) and will...

Goodyear pays dividend

Goodyear pays dividend JAKARTA (JP): Shareholders of publicly listed PT Goodyear Indonesia approved on Monday a management proposal to pay a total dividend of Rp 500 (about 6 U.S. cents) per share for the 1998 financial year.Public relations officer Wartono B.

BKPM and Foreign Ministry to promote investment

BKPM and Foreign Ministry to promote investment JAKARTA (JP): The Ministry of Foreign Affairs and the Investment Coordinating Board (BKPM) signed an agreement on Tuesday to cooperate in promoting foreign investment in the country.

'RCTI' directors replaced in shake-up

'RCTI' directors replaced in shake-up JAKARTA (JP): The entire board of directors of private television station Rajawali Citra Televisi Indonesia (RCTI) was dismissed on Tuesday and replaced by Nenny Soemawinata, former general manager of another private TV station ANteve.

Parties hold peaceful convoy

Parties hold peaceful convoy KENDARI, Southeast Sulawesi: Supporters of 14 out of the 33 political parties registered here held a motorcade on Tuesday to hammer home a message for a peaceful campaign to residents, Antara reported.

Money politics

Money politics TPI television aired on May 13 its program Pro dan Kontra". Participating in the debate were Wardah Hafidz, coordinator of the Urban Poor Consortium (UPC), and Darma Setiawan Basri of Partai Daulat Rakyat (PDR, people's sovereignty party).

Government asked not to deal with corrupt firms

Government asked not to deal with corrupt firms JAKARTA (JP): An anticorruption watchdog body has called on the government not to award new business contracts to businesspeople charged with corruption, collusion and nepotism during former president Soeharto's era.

PKB trains elder supporters to vote

PKB trains elder supporters to vote GUNUNGKIDUL, C. Java: The National Awakening Party (PKB) launched a week-long voting simulation for about 500 of its supporters who were elderly or illiterate, Antara reported.

Smoking ban becomes hot topic at Media Center

Smoking ban becomes hot topic at Media Center JAKARTA (JP): A smoking ban is one feature attracting attention at the Media Center set up for the coverage of the June 7 election at the Hotel Aryaduta, Central Jakarta."Why is smoking banned here?" asked Hasbunal Arief of Media Indonesia.

Conversion Rates

Conversion Rates Bank Bali's conversion rates on May 18, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,870.00 7,940.00 7,870.00 7,980.00Australian dollar 1 5,204.10 5,302.50 5,179.00 5,377.00Austrian schilling 1 608.24 618.67 - -Belgian franc 1 207.47 211.

Australia supports a unified Indonesia

Australia supports a unified Indonesia PADANG, West Sumatra (Antara): An Australian government envoy has urged separatist movements in several regions of Indonesia not to destroy the unity of the country.

Rates for tax payment, valid from May 17 to May 23

Rates for tax payment, valid from May 17 to May 23U.S. dollar 1 Rp 7,575.00Austrian schilling 1 585.45Australian dollar 1 5,046.47Belgian franc 1 199.69Canadian dollar 1 5,186.22Swiss franc 1 5,036.23Deutschemark 1 4,124.47Danish krone 1 1,086.94French franc 1 1,228.12Poundsterling 1 12,247.

Police deny charges of unlawful arrest

Police deny charges of unlawful arrest JAKARTA (JP): City police chief Maj. Gen. Noegroho Djajoesman asked the South Jakarta District Court on Tuesday to drop a lawsuit filed by six suspects in the April 15 foiled robbery attempt and bomb blast in West Jakarta.

Government under pressure to follow up 'Time' report

Government under pressure to follow up 'Time' report JAKARTA (JP): The pressure increased on Tuesday for President B.J. Habibie's administration to follow up on Time magazine's report on the alleged corruption of former president Soeharto and his family and start a serious investigation of its own.

Indonesia hails Japan's bond guarantee offer

Indonesia hails Japan's bond guarantee offer JAKARTA (JP): Minister of Finance Bambang Subianto said on Tuesday that Indonesia would seize the opportunity offered by Japan to guarantee its sovereign bond issue.

Undercover agents attacked in identity mix-up

Undercover agents attacked in identity mix-up JAKARTA (JP): Six plainclothes police detectives were attacked by residents of Kebon Kacang in Tanah Abang, Central Jakarta, on Monday afternoon. The detectives were attempting to arrest an alleged drug dealer, however the locals mistook them for...

Let the campaign begin

Let the campaign begin The election campaign period which gets underway today is bound to be met with mixed feelings, with hope or optimism on the one hand, and apprehension or fear on the other. This is an election on which the nation pins much of its hopes of eventually getting out of the current...

BI anticipates further drop in interest rates

BI anticipates further drop in interest rates JAKARTA (JP): Newly appointed Bank Indonesia deputy governor Miranda S. Goeltom anticipates a further decline in domestic interest rates on the back of expectations of lower inflation and a stronger rupiah.

Higher education needs revamping

Higher education needs revampingBy Harkiman Racheman This is the first of two articles on the state of higher education in Indonesia. MEDAN, North Sumatra (JP): The general portrait of higher education in Indonesia today is still appalling.

'It's late Mega, go to sleep': Gus Dur

'It's late Mega, go to sleep': Gus Dur JAKARTA: Nobody would doubt that Megawati Soekarnoputri is an influential politician. She has been found in many surveys to be among the strongest contenders for the 1999-2004 presidency.

Comedians and starlets to kick off campaign

Comedians and starlets to kick off campaign JAKARTA (JP): Political parties contesting the June 7 elections kick off the campaign period on Wednesday, with some of them using the charms of Indonesian starlets to lure voters, while others are pledging modest rallies.

Indonesia's Olympic soccer team can beat South Korea: Agum

Indonesia's Olympic soccer team can beat South Korea: Agum JAKARTA (JP): All Indonesian Soccer Federation (PSSI) chairman Agum Gumelar expressed optimism that the pre-Olympics soccer team could win in the prequalifying round to the 2000 Olympic Games in South Korea on May 26.

East Java declared safe for elections

East Java declared safe for elections SURABAYA: East Java police chief Maj. Gen. M. Dayat declared on Tuesday the province was safe and ready to enter the election campaigning period. The security authorities, he said, were deploying all available personnel -- namely 18,000 police, 4,000 military...

Megawati's silence

Megawati's silence The question of why Megawati Soekarnoputri has not participated in the open debate between presidential hopefuls, organized by students of University of Indonesia, seems not to have been answered satisfactorily, as the ongoing discussion shows.

Ten people die in Kendari ship accident

Ten people die in Kendari ship accident JAKARTA (JP): At least 10 people were found dead while 17 others were still missing on Tuesday after their cargo ship foundered in the Wowoni Strait in Southeast Sulawesi, three days ago.

Two AIDS victims dead in N. Sulawesi

Two AIDS victims dead in N. Sulawesi MANADO, North Sulawesi: Governor E.E. Mangindaan said on Monday evening here that two people infected by the deadly AIDS (Acquired Immune Deficiency Syndrome) virus have died in the province so far."It is an official figure.

Indofood's profit soars

Indofood's profit soars JAKARTA (JP): Publicly listed food giant PT Indofood Sukses Makmur reported on Tuesday a net profit of Rp 153.4 billion (US$19.7 million) for the first quarter of this year, a 442 percent increase over the same period of 1998.

Habibie's performance determines Golkar's fate

Habibie's performance determines Golkar's fate In anticipating the strategies that political parties will be using in their campaigns which start today, it is not difficult to foretell that the issue of corruption, collusions and nepotism, including by ex-president Soeharto, will be among the main...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 18, 1999: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 400 0 12,500 AHAP Insurance 425 0 0 Alakasa Industrindo 250 0 0 Alter Abadi 275 -25 30,000 Alumindo Light...

DHL investment

DHL investment Correction: Courier company DHL Worldwide Express' investment for its warehouse facilities is US$750,000, and not $750 million as reported on this page on Tuesday. The investment for its Jakarta and Bandung warehouse facilities amounted to $450,000 and $350,000 respectively, not $450...

Election campaigning begins in slapdash manner

Election campaigning begins in slapdash manner JAKARTA (JP): Supporters and activists of the 48 political parties contesting the elections will formally launch their campaign activities on Wednesday morning, amid fears of unrest.

Campaign schedule in TVRI and RRI for May 19

Campaign schedule in TVRI and RRI for May 19 JAKARTA (JP): Following is the schedule of prerecorded political media campaigns to be relayed on Wednesday by state-run TVRI television station and RRI radio station:Debates on TVRI will take place between the Abul Yatama Party, the Indonesian People's...

Regency committees refuse campaign schedule

Regency committees refuse campaign schedule MATARAM, West Nusa Tenggara: The regency election committees across the province have rejected a campaigning schedule drawn up by the provincial elections committee because of its severe time limitation.Chief of the Central Lombok committee M.

500 workers continue strike

500 workers continue strike JAKARTA (JP): At least 500 employees of garment producing company PT Tong Kyung M.A. continued a strike on Tuesday at the company compound in the Nusantara Bonded Zone in Cakung, North Jakarta, demanding their wages be increased.

Shareholders support Astra debt resolution

Shareholders support Astra debt resolution JAKARTA (JP): Shareholders of local auto giant PT Astra International approved on Tuesday the company's resolution to restructure its US$1.1 billion debt.Shareholders also approved an Astra management decision to disburse Rp 477 billion ($61.

Unrest continues amid peace efforts before poll campaigns

Unrest continues amid peace efforts before poll campaigns JAKARTA (JP): Violent incidents continued up to a day before the start of the official campaign season, amid peace efforts in which political parties featured in street parades in a number of cities.

Families cope with new political choices

Families cope with new political choices Indonesian families are facing a novel situation: more choices to pick from when they go to the polling stations on June 7. The Jakarta Post correspondents Asip Agus Hasani in Yogyakarta, Yusril Ardanis in West Sumatra capital of Padang, and O.K.

Parties order 1,000 spears for campaigning

Parties order 1,000 spears for campaigning SEMARANG: An official at the Central Java Provincial Election Supervisory Committee said on Tuesday his office found proof of a party ordering 1,000 spears from a home industry in Wonosari village of Surakarta mayoralty's Jagalan district.

JPS program should be redesigned: NGOs

JPS program should be redesigned: NGOs JAKARTA (JP): Non-governmental organizations (NGOs) called on the government on Tuesday to redesign the social safety net program (JP).The NGOs said poor planning and coordination caused the social safety net program -- known by the local acronym JPS -- to not...

Opposition alliance a challenge to Golkar

Opposition alliance a challenge to Golkar JAKARTA (JP): The newly set up alliance between three top opposition parties poses a direct challenge to the ruling Golkar party in the coming elections, a Golkar deputy chairman said on Tuesday.

Doctors and paramedics put on alert

Doctors and paramedics put on alert JAKARTA (JP): Police are deploying 157 doctors and paramedics as well as 80 ambulances to anticipate possible unrest and casualties during the campaign period and general election.The medical workers will be stationed at the City Police Headquarters on Jl.

Are parties ready to accept defeat?

Are parties ready to accept defeat? Analysts believe only a few of the 48 political parties, which start campaigning this week, would win in next month's election. Most of them will have to swallow the bitter pills of defeat.

First monsoon weather satellite

First monsoon weather satellite NEW DELHI (AFP): India and France are hard at work to launch Megatropic, the world's first dedicated monsoon weather satellite by 2003, officials said on Tuesday."Megatropic is a shared scientific dream and we are currently working together on a feasibility study,"...