Indonesian Political, Business & Finance News

Archive: 12 June 1999

42 articles found

Ballot papers in Jakarta to be recounted: Djafar

Ballot papers in Jakarta to be recounted: Djafar JAKARTA (JP): Millions of ballot papers in the city will be recounted, after the Jakarta Provincial Elections Committee said there were indications of serious violations in the tallying.

Kendari voters lacked papers

Kendari voters lacked papers UNAAHA, Southeast Sulawesi: At least 10,000 residents of Kendari regency had not voted on poll day because they lacked identity papers, Antara reported on Friday.Most of the residents were land tillers who had voluntarily joined transmigration programs, an executive of...

Five men arrested for murders

Five men arrested for murders SEMARANG (JP): Central Java Police have arrested five men for their alleged involvement in a series of murders in Solo, Pati and Semarang.A source at the Central Java Police Headquarters said on Friday that the five suspects had been identified as Ari, 18, Afrisal, 27,...

F and N, Coca Cola tie up

F and N, Coca Cola tie up SINGAPORE (AFP): Singapore beverage-based group Fraser and Neave Ltd. (F and N) and the Coca-Cola Co. on Friday announced an equity deal giving F and N a stake in a major Coca-Cola bottler based in Australia.

State banks, new govt firm to manage loans

State banks, new govt firm to manage loans JAKARTA (JP): State Bank Rakyat Indonesia (BRI), Bank Tabungan Negara (BTN) and PT Permodalan Madani will take over the task of channeling heavily subsidized loans from the central bank in November.

Poll watchers dispatched to observe data entry

Poll watchers dispatched to observe data entry JAKARTA (JP): Amid rumors of election fraud following the poor transmission of election results from polling places to the election data center, a poll watchdog decided on Friday to dispatch its volunteers to data entry places in regencies nationwide.

Banking secrecy under trial

Banking secrecy under trial Big businesspeople and key government officials with money kept in local banks are, at present, gripped by feelings of discomfort. The problem is, a private national bank has been accused of leaking accounts in the name of Attorney General Andi Ghalib and his wife.

U.S. report lauds Singapore's navy

U.S. report lauds Singapore's navy SINGAPORE (AP): A U.S. defense analyst has ranked Singapore's navy as the best in Southeast Asia, a news report said on Friday.Though smaller than other regional navies, the city-state's has been rated tops in terms of professionalism and capability, The Straits...

Industrial waste ruling desputed by companies

Industrial waste ruling desputed by companies JAKARTA (JP): Local mining and industrial companies called on President B.J. Habibie on Friday to review the new ruling on the management of industrial waste, saying the ruling would kill them.

Fires burn in protected forests

Fires burn in protected forests JAKARTA: Spot fires have been detected in several protected forests in Aceh, North Sumatra, West Sumatra, Riau, Jambi, Bengkulu, Lampung, Central Kalimantan and East Kalimantan, an official said here on Thursday.

Man shot dead for robbery

Man shot dead for robbery JAKARTA (JP): Jakarta Police officers shot dead late on Thursday in Tangerang a man who was allegedly a member of a group involved in a series of robberies on public minivans.The man, identified as 25-year-old Herman, died from a single shot to his chest after threatening...

'Remember what you promised'

'Remember what you promised' BENGKULU: Approximately 60 employees of a private firm in Pondok Kelapa district, North Bengkulu, demanded a political party meet its promise to give them money if they voted for the party.

Govt considers imposing new cigarette excise

Govt considers imposing new cigarette excise JAKARTA (JP): Minister of Industry and Trade Rahardi Ramelan said on Friday the government might introduce a new cigarette excise scheme to replace the controversial tax ruling introduced in April.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 11, 1999: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 575 100 4,007,000 AHAP Insurance 525 0 0 Alakasa Industrindo 300 0 236,000 Alter Abadi 400 75 4,321,500...

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition: Tumbal by Hendro Suseno, at Galeri Milenium, Blok B-23, Jl. R.S. Fatmawati No. 15, South Jakarta (Phone: 7507828), until June 15. * Painting Exhibition: Misteri Wanita Dalam Ukiyo-e, at Pusat Kebudayaan Jepang - The Japan Foundation,...

UNAMET hails Horta's planned visit to E. Timor

UNAMET hails Horta's planned visit to E. Timor DILI, East Timor (JP): The UN Assistance Mission in East Timor (UNAMET) on Friday welcomed the planned visit of proindependence figure and 1996 Nobel Peace Prize laureate Jose Ramos-Horta here next month for campaigning for the Aug. 8 ballot.

Two more soldiers killed in Aceh

Two more soldiers killed in Aceh JAKARTA (JP): A group of at least 10 unidentified armed men bombarded a truck of security troops with a volley of gunfire killing two soldiers and wounding six others in West Aceh on Thursday.District Military Commander Col.

Teten plans to send more 'gifts' to Ghalib

Teten plans to send more 'gifts' to Ghalib BANDUNG (JP): Attorney General Andi M. Ghalib, who has recently been accused of abusing his power to enrich himself, can expect to come under further scrutiny after the disclosure by the Indonesian Corruption Watch (ICW) of money, allegedly bribes,...

Uncertainty shadows road to a coalition government

Uncertainty shadows road to a coalition governmentBy Asip Agus Hasani YOGYAKARTA (JP): Many experts believe only several parties will win significant votes from Monday's polls and they will be forced to form a coalition government.

Sutiyoso opens discount festival

Sutiyoso opens discount festival JAKARTA (JP): Jakarta Governor Sutiyoso on Friday opened the third annual city-wide discount festival in a ceremony at the Sarinah shopping center on Jl. MH Thamrin, Central Jakarta.

Not anti-Habibie but...

Not anti-Habibie but...From Pikiran RakyatAs a housewife who is not well versed in politics, I would like to ask the following questions:* What is the difference between the New Golkar and the Old Golkar?* Is it possible for the postelection government to change if its leaders are the very same...

ISSI eyes three golds in SEAG

ISSI eyes three golds in SEAG JAKARTA (JP): As the 20th Southeast Asian (SEA) Games approach, the Indonesian Cycling Association (ISSI) expects to win three of the seven gold medals on stake at the biennial event in Brunei Darussalam from Aug. 7 to Aug. 15.

Taiwanese navy enters RP port

Taiwanese navy enters RP port MANILA (AP): Three Taiwanese navy ships entered the port of Manila on Friday on a visit that was not announced by Philippine officials.The to o governments have no formal diplomatic ties because of Manila's "one China" policy.

Six killed in traffic accident

Six killed in traffic accident BOGOR (JP): Six people were killed and 50 others injured when a Sari Bhakti Utama intercity bus plunged into a ravine on a Puncak tea plantation here on Thursday evening after a head-on collision with a Kijang van, a police officer said.

Vote-rigging allegations spur call for repolling

Vote-rigging allegations spur call for repolling JAKARTA (JP): Alleged vote-rigging involving Golkar Party and government officials prompted more demands on Friday that polls be reheld in several provinces.

Enemy number one

Enemy number one Go with reform missions. That is what readers found on the front page of The Jakarta Post on Sunday, June 6, 1999, in connection with raising a giant banner carrying a message of six reform goals, placed at that favorite campaigning site, the Welcome Monument, at the traffic circle...

Soeharto asked to return land

Soeharto asked to return land KENDARI, Southeast Sulawesi: At least 250 residents of Lainea district here demanded on Thursday that former president Soeharto return to them a 4,000-hectare plot of land that was confiscated illegally by cotton plantation firm PT Kapas Indah Indonesia, which was...

KPC must enter stock market if it fails to find buyers

KPC must enter stock market if it fails to find buyers JAKARTA (JP): Coal mining company PT Kaltim Prima Coal (KPC) must offer shares on the Jakarta Stock Exchange next year if it fails to fulfill its mandatory divestment, a minister said.

Highlights of Filipino-Indonesian Relations

Highlights of Filipino-Indonesian Relations 1934, 1936 and 1938 -- Philippine Commonwealth President Manuel L. Quezon visits Batavia.1947 to 1949 -- The Philippines lobbies for recognition of Indonesian independence in the United Nations.Nov. 24, 1949 -- Diplomatic relations are established.

Ballot boxes go missing

Ballot boxes go missing MATARAM, West Nusa Tenggara: The provincial committee and the official supervisory election committee here recorded that 17 ballot boxes were missing in Woja district, Dompu regency, since June 7. Twelve were said to have been hidden by polling place officials.

Exim Bank approves Garuda loan

Exim Bank approves Garuda loan WASHINGTON (Dow Jones): The U.S. Export-Import Bank approved Thursday a long-term loan guarantee to back Boeing Co.'s (BA) $345 million export of 11 737 aircraft to state-owned airline Garuda Indonesia.

RI to import Irish meat, despite scare

RI to import Irish meat, despite scare JAKARTA (JP): The government plans to go ahead with plans to import meat from Ireland despite a scare over contaminated Belgian meat and food products, Minister of Agriculture Soleh Solahuddin said here on Friday.

Conversion Rates

Conversion RatesBank Bali's conversion rates on June 11, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,670.00 7,730.00 7,670.00 7,770.00Australian dollar 1 5,048.35 5,139.95 5,023.00 5,214.00Austrian schilling 1 581.62 591.21 - -Belgian franc 1 198.39 201.

Ambassador confirms Hendra's arrest

Ambassador confirms Hendra's arrest JAKARTA (JP): Indonesian Ambassador to Australia Wirjono Sastrohandoyo confirmed on Friday the arrest of Hendra Rahardja, one of Indonesia's most wanted white-collar criminal suspects, by the Australian Federal Police last week.

Analyst puts more pressure on opposition parties to unite

Analyst puts more pressure on opposition parties to unite JAKARTA (JP): A foreign political analyst suggested on Thursday that the three top opposition forces -- the Indonesian Democratic Party of Struggle (PDI Perjuangan), the National Awakening Party (PKB) and the National Mandate Party (PAN) --...

The Philippines and Indonesia, forging a stronger partnership

The Philippines and Indonesia, forging a stronger partnership A year before the new millennium, the Philippines, under the leadership of President Joseph Ejercito Estrada, has succeeded in revitalizing the economy and forging partnerships with its neighbors.

A coalition that works

A coalition that worksFrom Suara MerdekaA real coalition between the major proreform parties and those opposed to the status quo is very necessary, both in politics -- to empower the House of Representatives (DPR) and the People's Consultative Assembly (MPR) -- as well as in the establishment of...

Neutral accounting firm to audit Ghalib's accounts

Neutral accounting firm to audit Ghalib's accounts JAKARTA (JP): The government will appoint an independent accounting firm to audit the bank accounts of Attorney General Lt. Gen. Andi M. Ghalib in an attempt to take a transparent and just decision against the bribery case allegedly committed by...

Unfrel unveils various violations during polls

Unfrel unveils various violations during polls JAKARTA (JP): The University Network for Free and Fair Elections (Unfrel), a local poll watchdog, reported on Friday several violations conducted during Monday's balloting in the Depok mayoralty in West Java.

No coalition with Golkar, says Amien

No coalition with Golkar, says Amien JAKARTA (JP): Amien Rais conceded defeat on Friday but flatly refused to even consider a coalition with Golkar as some of his colleagues have suggested, saying the option would be a betrayal of his principles and integrity.

Poll watchdog to visit regions over violations

Poll watchdog to visit regions over violations JAKARTA (JP): The official Election Supervisory Committee said Friday it would send teams out to regions to check up on violations during Monday's elections.Mulyana W.

Ramayana anticipates 100% profit increase

Ramayana anticipates 100% profit increase JAKARTA (JP): Publicly listed retail company PT Ramayana Lestari expects more than a 100 percent increase in net profit this year to Rp 201 billion (about US$25 million) from Rp 94.9 billion the previous year.