Archive: 23 June 1999
47 articles found
Wed, 23 Jun 1999
IMF tells Indonesia to cut interest rate, do more to relax money supply
<p>IMF tells Indonesia to cut interest rate, do more to relax money supply</p><p> JAKARTA (JP): Indonesia has to allow domestic interest rates to further decline from current levels as part of a strategy to encourage an economic recovery, according to International Monetary Fund...
Wed, 23 Jun 1999
Lottery hopefuls lose their cool
<p>Lottery hopefuls lose their cool</p><p> BANDUNG: Residents set ablaze a motorcycle and a car in front of a reputed lottery site late Monday. They were reportedly incensed because there was no announcement of lottery results at the building, a former showroom.
Wed, 23 Jun 1999
Big debtors agree to repay debts at local banks
<p>Big debtors agree to repay debts at local banks</p><p> JAKARTA (JP): Some 173 large debtors, including companies owned by the family of former president Soeharto and his associate Mohamad Bob Hasan, have finally agreed to sign a letter of commitment to repay bad debts at local...
Wed, 23 Jun 1999
Governor calls of rebuilding of capital
<p>Governor calls of rebuilding of capital</p><p> JAKARTA (JP): Jakarta Governor Sutiyoso made a passionate appeal to residents on Tuesday to join hands with him in rebuilding the city whose image abroad has been shattered by violent unrest over the past year.
Wed, 23 Jun 1999
Tangerang public minivan drivers protest route overlaps
<p>Tangerang public minivan drivers protest route overlaps</p><p> TANGERANG (JP): Hundreds of angkot (public minivan) drivers protested at Tangerang Regent Agus Djunara's office on Tuesday over route overlaps.
Wed, 23 Jun 1999
Mahathir slams Connery film
<p>Mahathir slams Connery film</p><p> KUALA LUMPUR (Reuters): Prime Minister Mahathir Mohamad lashed out on Tuesday at Sean Connery's latest film Entrapment, accusing the thriller of distorting the truth by juxtaposing slums next to the world's tallest buildings.
Wed, 23 Jun 1999
Violence victims ask Military Police to be more serious
<p>Violence victims ask Military Police to be more serious</p><p> JAKARTA (JP): Parents and relatives of abducted activists and students shot dead during demonstrations staged a protest on Tuesday in front of the headquarters of the Military Police, which was commemorating its...
Wed, 23 Jun 1999
Hendra picks Indonesian lawyer to defend him
<p>Hendra picks Indonesian lawyer to defend him</p><p> JAKARTA (JP): Hendra Rahardja, who is in a Sydney jail awaiting a procedural hearing on extradition, has named Indonesian lawyer Alamsyah Hanafiah to defend him in the Australian courts and in his trial here.
Wed, 23 Jun 1999
Lufthansa to buy PAL assets
<p>Lufthansa to buy PAL assets</p><p> MANILA (Reuters): Debt-ridden Philippine Airlines has signed a letter of intent with a unit of Germany's Lufthansa to sell its maintenance and engineering operations, company president Avelino Zapanta said on Tuesday.
Wed, 23 Jun 1999
House's debate on oil bill goes on
<p>House's debate on oil bill goes on</p><p> JAKARTA (JP): The House of Representatives and the government continued debating an oil and gas bill despite a call from activists for the cancellation of the talks.
Wed, 23 Jun 1999
Makindo, Dynaplast to buy back shares
<p>Makindo, Dynaplast to buy back shares</p><p> JAKARTA (JP): Shareholders of publicly listed securities company Makindo and plastics components manufacturer Dynaplast approved on Tuesday plans to buy back up to 10 percent of the companies' shares from the public.
Wed, 23 Jun 1999
City Council to vote on choice of speaker
<p>City Council to vote on choice of speaker</p><p> JAKARTA (JP): Minister of Home Affairs Syarwan Hamid on Tuesday said the post of speaker of the Jakarta City Council would not automatically go to the political party which garnered the most votes in the elections in the capital.
Wed, 23 Jun 1999
Golkar supporters angry over bribery
<p>Golkar supporters angry over bribery</p><p> TANGERANG (JP): Hundreds of local Golkar Party supporters here flooded the party's mayoralty chapter office on Monday, condemning alleged bribery committed by their party's treasurer.
Wed, 23 Jun 1999
Bali Travel Mart opens with optimism
<p>Bali Travel Mart opens with optimism</p><p>By I. Christianto</p><p> KUTA, Bali (JP): Indonesia is set to launch a series of promotional programs to reinvigorate a tourist industry which has been mired in a slump for the past two years, Minister of Tourism, Arts and...
Wed, 23 Jun 1999
Government may recruit private investigators
<p>Government may recruit private investigators</p><p> JAKARTA (JP): The government will likely recruit professional detectives to trace the Soehartos' alleged fortune overseas, a minister said.
Wed, 23 Jun 1999
India and Pakistan must talk
<p>India and Pakistan must talk</p><p> The Jakarta Post published a news item on June 21, in three columns captioned India wins G-8 support over Kashmir spat. The intro of the story said that India won key diplomatic support from the G-8 group of major powers on Sunday in its...
Wed, 23 Jun 1999
So much for reform talks
<p>So much for reform talks</p><p> The nation's reform agenda appears to have been put on the back burner as virtually all of the country's political elite are locked in a stiff power struggle.
Wed, 23 Jun 1999
Pelti delays decision on coach appointments
<p>Pelti delays decision on coach appointments</p><p> JAKARTA (JP): With only six weeks left before the 20th Southeast Asian (SEA) Games begin in Brunei Darussalam in August, the Indonesian Tennis Association (Pelti) once again delayed plans to stage a selection for coaches.
Wed, 23 Jun 1999
Syarwan Hamid puts photos on display
<p>Syarwan Hamid puts photos on display</p><p> JAKARTA (JP): Twenty-five photographers and enthusiasts from the Indonesian Leica Photography Club will hold a joint exhibition at Cahya photo gallery in Central Jakarta beginning on Friday.
Wed, 23 Jun 1999
UNAMET plans to work with KPS
<p>UNAMET plans to work with KPS</p><p> DILI, East Timor (JP): The United Nations Mission in East Timor (UNAMET) plans to cooperate with the Commission for Peace and Stability (KPS) to formulate a code of conduct to ensure security in the province ahead of the self-determination...
Wed, 23 Jun 1999
Stock Exchange
<p>Stock Exchange</p><p>Stock prices on the Jakarta Stock Exchange (in rupiah) on June 22, 1999:</p><p> Shares Close Change Trading</p><p> Volume ----------------------------------------------------------- Ades Alfindo 525 50 82,000 AHAP Insurance 525 0 0...
Wed, 23 Jun 1999
Munir too subjective
<p>Munir too subjective</p><p> Munir's success in uncovering a case of missing persons whose abductors happened to be certain members of security apparatuses (the military and police) seems to continue to overshadow his pattern of thoughts so that he always places them as the...
Wed, 23 Jun 1999
Quake rocks Banda Aceh
<p>Quake rocks Banda Aceh</p><p> BANDA ACEH, Aceh: A tectonic earthquake measuring 5.5 on the Richter scale struck Banda Aceh at about 2 p.m. on Tuesday.</p><p>An employee of the Mata Ie Meteorology and Geophysics office here, Sugeng, told Antara the epicenter of the...
Wed, 23 Jun 1999
Man arrested with 38,000 ecstasy pills
<p>Man arrested with 38,000 ecstasy pills</p><p> JAKARTA (JP): City police detectives arrested a 35-year-old former coffin maker on Monday for allegedly possessing a total of 38,172 ecstasy pills worth over Rp 1.7 billion (US$234,500).
Wed, 23 Jun 1999
Timor Gap Treaty seen 'intact on Timor vote'
<p>Timor Gap Treaty seen 'intact on Timor vote'</p><p> DARWIN, Australia (Dow Jones): The outcome of East Timor's autonomy vote in August likely will have little impact on the Timor Gap Treaty between Australia and Indonesia, an Australian official said Monday.
Wed, 23 Jun 1999
Smaller parties threatened over plan to reject polls
<p>Smaller parties threatened over plan to reject polls</p><p> SURABAYA (JP): Minor parties are finding it an uphill challenge in their last-ditch effort to survive as the Election Supervisory Committee threatened on Tuesday to charge them with disrupting the poll process for...
Wed, 23 Jun 1999
Government ignores momentum to promote tourism
<p>Government ignores momentum to promote tourism</p><p> JAKARTA (JP): The Indonesian Hotel and Restaurant Association (PHRI) criticized the government on Tuesday for not taking advantage of the current relatively calm situation to start reviving the country's ailing tourist...
Wed, 23 Jun 1999
Ignorance of alternatives
<p>Ignorance of alternatives</p><p> Winarno Zain's article Megawati presidency not foregone conclusion invites answers to three questions: why Golkar got so many votes, why National Mandate Party (PAN) got so few votes and why Indonesian Democratic Party of Struggle (PDI...
Wed, 23 Jun 1999
Regent denies link to gamblers
<p>Regent denies link to gamblers</p><p> MAUMERE, East Nusa Tenggara: Local government officials in Sikka regency are under scrutiny for suspected involvement in a gambling ring.</p><p>A source at the local administration who requested anonymity said recently that...
Wed, 23 Jun 1999
Rupiah breaks 7,000 against U.S. dollar
<p>Rupiah breaks 7,000 against U.S. dollar</p><p> JAKARTA (JP): The rupiah continued to gain ground against the U.S. dollar on Tuesday, passing the crucial 7,000 psychological level for the first time since early February of last year on signs of improvement in the country's...
Wed, 23 Jun 1999
Kontras accuses military of falsifying Aceh reports
<p>Kontras accuses military of falsifying Aceh reports</p><p> JAKARTA (JP): A human rights group said on Tuesday the military released misleading information about recent unrest in Aceh, including that separatists terrorized residents into fleeing their homes.
Wed, 23 Jun 1999
Foreign firms set to buy Bali hotels
<p>Foreign firms set to buy Bali hotels</p><p> JAKARTA (JP): Eight foreign institutional investors and hotel operators are currently involved in active negotiations to acquire hotels in Bali, a hotel property consultant said.
Wed, 23 Jun 1999
Hotel shooting still a mystery
<p>Hotel shooting still a mystery</p><p> JAKARTA (JP): North Jakarta Police detectives are baffled by late Sunday's shooting that shattered the glass entrance doors of three-star Hotel Ancol on Jl. R.E. Martadinata.
Wed, 23 Jun 1999
PAN supporters veto Golkar deal
<p>PAN supporters veto Golkar deal</p><p> SEMARANG: Thousands of National Mandate Party (PAN) supporters in the province have threatened to switch allegiances if leader Amien Rais accepts offers to form a coalition with Golkar.
Wed, 23 Jun 1999
Parties divided on ballot process
<p>Parties divided on ballot process</p><p> JAKARTA (JP): While party executives agree a one vote per legislator mechanism would be best for the upcoming presidential election, they expressed differences on Tuesday over whether voting should be discreet or open.
Wed, 23 Jun 1999
To be masters or slaves of power?
<p>To be masters or slaves of power?</p><p>By Mochtar Buchori</p><p> JAKARTA (JP): After we succeeded in carrying out a fairly honest general election in a peaceful manner, and managed to reduce the cumbersome number of political parties to a realistic level, do we...
Wed, 23 Jun 1999
BKPM wants monopoly in plantation permits
<p>BKPM wants monopoly in plantation permits</p><p> JAKARTA (JP): The Investment Coordinating Board (BKPM) is seeking the President's approval to become the sole agency responsible for issuing business permits in the plantation industry, a board executive said here on Tuesday.
Wed, 23 Jun 1999
Postscript to a popular festivity of democracy
<p>Postscript to a popular festivity of democracy</p><p>By Marianus Kleden</p><p> KUPANG, East Nusa Tenggara (JP): The bloodshed feared by many analysts and by the public did not become a reality during the last political campaign.
Wed, 23 Jun 1999
Indonesia must win 70 golds to beat Thailand in SEA Games
<p>Indonesia must win 70 golds to beat Thailand in SEA Games</p><p> JAKARTA (JP): The National Sports Council (KONI) official in charge of athletes development, Mochamad Hindarto, says Indonesia will need at least 70 golds to retain the overall title at the 20th Southeast Asian...
Wed, 23 Jun 1999
Hotels observe anniversary with Betawi food festivals
<p>Hotels observe anniversary with Betawi food festivals</p><p> JAKARTA (JP): City dwellers appeared to lack the inclination to join in Tuesday's festivities to celebrate the city's 472 anniversary.
Wed, 23 Jun 1999
Soehartos control 7.15m ha of forests in the country
<p>Soehartos control 7.15m ha of forests in the country</p><p> JAKARTA (JP): Former president Soeharto, his family and their friends own stakes in 27 timber companies and 8 industrial forest estates, covering a total area of 7.
Wed, 23 Jun 1999
Experts warn of possible wave of student protests
<p>Experts warn of possible wave of student protests</p><p> JAKARTA (JP): Legal experts have warned that students could return to the streets if the government of President B.J. Habibie continued stalling the corruption investigations against former top officials, including...
Wed, 23 Jun 1999
Conversion Rates
<p>Conversion Rates</p><p> Bank Bali's conversion rates on June 21, 1999:</p><p> TT rates Bank notes rates</p><p> Buying Selling Buying Selling</p><p> Rp Rp Rp Rp</p><p> U.S. dollar 1 6,840.00 6,940.00 6,840.00 6,980.
Wed, 23 Jun 1999
Pacific to buy Indofood
<p>Pacific to buy Indofood</p><p> HONG KONG (AFP): Hong Kong-based conglomerate First Pacific Co. Ltd. said Tuesday it would spend US$650 million to buy a 40- percent stake in Indonesian foodmaker PT Indofood Sukses Makmur.
Wed, 23 Jun 1999
KPU members agree to gradual ballot count
<p>KPU members agree to gradual ballot count</p><p> JAKARTA (JP): Pressed for time, the General Elections Commission (KPU) agreed on Tuesday to begin the national ballot count before the final poll results came in from all of the 27 provinces.
Wed, 23 Jun 1999
Money laundering reports untrue: Rahardi
<p>Money laundering reports untrue: Rahardi</p><p> JAKARTA (JP): Minister of Industry and Trade Rahardi Ramelan said on Tuesday that reports of a money laundering scandal involving his wife were engineered.
Wed, 23 Jun 1999
Administration may review bus fare hike
<p>Administration may review bus fare hike</p><p> JAKARTA (JP): The city is considering reviewing an initial plan to double the fare on city buses in the capital, an executive said on Monday.