Indonesian Political, Business & Finance News

Archive: 3 June 1999

66 articles found

Habibie dances high in the sky

Habibie dances high in the sky PALU, Central Sulawesi: Golkar Party supporters wound up their campaign flying large kites emblazoned with an image of President B.J. Habibie, the party's presidential hopeful from Sulawesi.

Sectarian violence back on streets of Ambon

Sectarian violence back on streets of Ambon JAKARTA (JP): After a fairly peaceful election campaign, violence broke out in Ambon, Maluku, on Wednesday.Tension again flared between Christians and Muslims before and after a United Development Party (PPP) campaign in the Muslim- dominated area of...

Challenge of investigative reporting for Indonesian journalists

Challenge of investigative reporting for Indonesian journalists Insiden Balibo 1975, Terbunuhnya Lima Wartawan Itu (Balibo Incident 1975, the Killing of Five Journalists); By James Dunn; Introduction by George Junus Aditjondro; Translator: Nug Katjasungkana; Editor: Irawan Saptono; ISAI and...

Irianese hostages back in Jayapura

Irianese hostages back in Jayapura JAKARTA (JP): Eleven Irian hostages were flown back to Jayapura on Wednesday after being held hostage at a rebel hideout in Bewani district, Sandaun province, Papua New Guinea, for nearly a month.

Where to go in Surabaya:

Where to go in Surabaya:Exhibition * Instalation Exhibition: On Sale, by Teguh Ostenrik, at the Gallery CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5678639), 9 a.m. to 8 p.m., until June 7.

Officials look to Kalimantan prospects

Officials look to Kalimantan prospects JAKARTA (JP): An East Kalimantan official said on Wednesday many highly educated government officials from Jakarta had asked to move to the province in the expectation of better career prospects.

Huge hike in works for passport fees

Huge hike in works for passport fees JAKARTA (JP): The government is scheduled to raise the price of passports by an average of between 87.5 percent and 400 percent starting on June 7 in line with the enactment of Law No.20/1997 on state nontax income, an official said on Tuesday.

Violence reigns ahead of election day

Violence reigns ahead of election day JAKARTA (JP): Police proved their early warning of intensifying violence ahead of Monday's elections worth listening to on Wednesday.While Yogyakarta remained tense following a recurred clash between supporters of United Development Party (PPP) and Indonesian...

VFF sues state company

VFF sues state company JAKARTA (JP): Cayman Islands-based The Vietnam Frontier Fund (VFF) has filed a bankruptcy claim against state-owned ship builder PT Dok & Perkapalan Kodja Bahari for allegedly failing to pay US$1 million in promissory notes, the plaintiff's lawyer confirmed on Wednesday.

Disentangling confusions about federalism

Disentangling confusions about federalismBy Hans Antlov JAKARTA (JP): At a seminar a few weeks ago, one of the participants -- a noted member of the House of Representatives -- said the Republic of Indonesia would need to be dismantled if the unitary nation were to become a federation.

RI plans to promote investment to roadshow

RI plans to promote investment to roadshow SEOUL (Reuters): Indonesia will launch a global roadshow to promote investment in the troubled but resource-rich country following next week's general elections, Investment Minister Marzuki Usman said on Wednesday.

Fairer deal urged among farmers, plantation firms

Fairer deal urged among farmers, plantation firms JAKARTA (JP): The Indonesian Farmers Union (HKTI) urged the government on Wednesday to improve the business partnership between farmers and plantation companies.

MUI sets 'guidelines' for Muslims to vote

MUI sets 'guidelines' for Muslims to vote JAKARTA (JP): The influential Indonesian Council of Ulemas (MUI) and Muhammadiyah have called on Muslims to vote for political parties which represent their community, field Muslim legislative candidates of "noble conduct", and campaign for reform.

IKIP Jakarta set to change status

IKIP Jakarta set to change status JAKARTA (JP): The state-run Teachers' Training Institute (IKIP Jakarta) will be revamped as a state university under the name Universitas Negeri Jakarta, its rector Sutjipto said on Wednesday.

Soeharto pushes on over 'Time' report

Soeharto pushes on over 'Time' report JAKARTA (JP): Former president Soeharto, who ruled the country for 32 years, filed a complaint against U.S.-based Time magazine for defamation and libel at National Police Headquarters on Wednesday morning.

Where to go in Bali:

Where to go in Bali:Exhibition * Arts Exhibition: A Diversity in Art, by Art Teachers of Denpasar Art Academy and Udayana University, at Museum Puri Lukisan, Jl. Raya Ubud, Gianyar (Phone: 0361 975136), 8 a.m. to 4 p.m., until June 30.Music and Entertainment * Hard Rock Hotel, Jl.

Vote for PKB and beat world champ

Vote for PKB and beat world champ JAKARTA: Put the National Awakening Party (PKB) in power and win the world soccer championship!Noer Mohammad Iskandar, a senior cleric known for his off- color jokes, assured about 15,000 party supporters at a Tuesday campaign he had a foolproof strategy to beat...

China, KL make defense pledge

China, KL make defense pledge BEIJING (Reuters): Malaysia and China agreed to boost defense cooperation and use peaceful means to resolve tensions over disputed waters in the South China Sea, Malaysian Foreign Minister Syed Hamid Albar said on Wednesday.

Folk arts give villagers political education

Folk arts give villagers political education JAKARTA (JP):Don't let party leaders cheat you... choose a party that never deceives you. Use your rights in the coming elections to bring our country to a brighter future.

Rupiah expected to strengthen soon

Rupiah expected to strengthen soon JAKARTA (JP): Coordinating Minister for Economy, Finance and Industry Ginandjar Kartasasmita predicted on Wednesday that the rupiah would get stronger after next week's general election.

RP has new central banker

RP has new central banker MANILA (Reuters): Rafael Buenaventura, who has topped a 24- year stint with Citibank N.A. in Europe and Asia with a highly visible profile as head of a profitable local bank, was named the Philippines' new central bank governor on Wednesday.

Keep protests off toll roads, says Gen. Roesmanhadi

Keep protests off toll roads, says Gen. Roesmanhadi JAKARTA (JP): Following a protest on Tuesday by laid-off factory workers on a major city thoroughfare, the National Police chief on Wednesday ordered head of the Jakarta Police Maj. Gen.

Prosecute Soeharto or resign

Prosecute Soeharto or resign Time magazine's May 17 edition presents a report on the assets that former president Soeharto has stashed abroad. The report is the result of serious research lasting about three months.

Mystery behind the terror

Mystery behind the terrorFrom RepublikaThe orderly start of the campaigns refutes the community's image that campaigning toward the general election is menacing.However, nothing is perfect. In the beginning of this democratic life there are small-scale upheavals that should not develop into...

Agenda

Agenda JAKARTA (JP): The towering Welcome Statue at the Hotel Indonesia traffic circle will continue to be the hub of campaigning on Thursday.The Love the Nation Democratic Party (PDKB) and Indonesian People's Party (PARI) will focus campaign activities at the Central Jakarta site.

Parties down to nitty-gritty on vote sharing

Parties down to nitty-gritty on vote sharing JAKARTA (JP): Parties contesting the polls continued on Wednesday to seek partners for vote-sharing deals, with Islamic and nationalist-secular parties approaching those already in their folds.

Golkar's fall, Megawati's rise

Golkar's fall, Megawati's rise Until recently it was generally assumed that Indonesia's ruling Golkar Party would play a major role in the new parliament to emerge from the coming elections.President Soeharto may have been deposed, but the powerful party machine built up under his rule, with its...

Strange caller asks for donations

Strange caller asks for donations The other day I received a telephone call from a person who claimed to be a senior police officer. He told me that they were seeking ways to help needy Indonesian children.

KPU insists poll preparations 'running smoothly'

KPU insists poll preparations 'running smoothly' JAKARTA (JP): Despite mushrooming complaints from election officials over the ill-prepared poll, the General Elections Commission (KPU) secretary-general Amur Muchasim insists that preparations were "running smoothly".

Billiard body to choose 14 players for SEA Games

Billiard body to choose 14 players for SEA Games JAKARTA (JP): Indonesia's snooker coach Hendro T. Nuraji said the Indonesian Billiard and Snooker Association (POBSI) was ready to select 14 of 20 players for preparations for the 20th Southeast Asian (SEA) Games.

Parties against MUI call for vote support

Parties against MUI call for vote support JAKARTA (JP): Party leaders expressed strong opposition on Wednesday against the Indonesian Council of Ulemas (MUI) call that Muslims vote for Islamic parties, saying the exhortation would polarize the country.

Jakarta to send more troops to troubled Aceh

Jakarta to send more troops to troubled Aceh JAKARTA (JP): Minister of Defense and Security/Indonesian Military (TNI) chief Gen. Wiranto told a plenary Cabinet meeting on Wednesday he would send more troops to Aceh because of increased rebel attacks against security officers and civilians, a...

Wiranto hopes Indonesia can win 2000 Bermuda Bowl

Wiranto hopes Indonesia can win 2000 Bermuda Bowl JAKARTA (JP): Chairman of the Indonesian Contract Bridge Association (Gabbsi) Wiranto is hopeful that national players will continue a run of winning form to triumph in the Bermuda Bowl World Championships and Venice Cup in January 2000.

Man arrested for phone battery scam

Man arrested for phone battery scam JAKARTA (JP): Police have arrested a man for allegedly producing and selling fake branded mobile phone batteries in Central Jakarta, an officer said on Wednesday.Chief of the Central Jakarta Police Lt. Col.

MKGR offers legal aids

MKGR offers legal aids MEDAN, North Sumatra: MKGR Party, one of several parties which was formerly affiliated with the ruling Golkar, has sought every legitimate avenue to lure voters, including offering legal aids.A party executive, D.I.

KL must end S'pore frozen shares saga: Paper

KL must end S'pore frozen shares saga: Paper SINGAPORE (Reuters): The fate of billions of ringgit worth of frozen Malaysian shares, formerly traded in Singapore on its CLOB exchange, should be settled soon for the sake of Malaysia's economy, the Straits Times said on Wednesday.

PBB helps people obtain ID cards

PBB helps people obtain ID cards MEDAN, North Sumatra: The local chapter of the Crescent Star Party (PBB) has established dozens of community service posts across town to help people obtain identity cards.

PSSI vows to dominate SE Asian soccer

PSSI vows to dominate SE Asian soccer JAKARTA (JP): The All Indonesian Soccer Federation (PSSI) has taken into account it's pre-Olympic loss announcing it will focus on dominating Southeast Asian soccer, rather than the whole Asia arena.

Golkar still upbeat on chances

Golkar still upbeat on chances JAKARTA (JP): A former Golkar patron joined on Wednesday the chorus of demands for the ruling party to leave the political stage, saying the act would be a political and moral lesson for the nation.

Poll watchdogs battle limited resources

Poll watchdogs battle limited resourcesBy Tjahjono Ep. YOGYAKARTA (JP): Indonesian people, still euphoric over last year's downfall of strongman Soeharto, are bracing for a supposedly democratic general election scheduled for Monday.

No decision on TPI's notes

No decision on TPI's notes NEW YORK (Dow Jones): Publicly-listed PT Tri Polyta Indonesia (TPI) will pursue restructuring of its US$185 million in secured, 11 3/8% notes due 2003.In a press release Tuesday, the company cited poor operating results, and said it will not make any decision on the...

Political parties use traditional arts to draw votes

Political parties use traditional arts to draw votesBy Rita A. Widiadana In the hope of free and fair polls in June, artists have drawn from the new and the old to challenge the mood of apathy reflected in past elections and to educate the electorate.

Call made for foreign observers in Aceh

Call made for foreign observers in Aceh JAKARTA (JP): Chairman of Aceh's official elections committee, Ahmad Farhan Hamid, said the committee hopes international election observers include North Aceh and other volatile regions of the province in their monitoring schedule.

Over 400 babies malnourished

Over 400 babies malnourished SURABAYA, East Java: As many as 400 children under five in this province have been found suffering from malnutrition and 173 others from marasmus, East Java deputy governor Imam Soepardi said here on Monday.

Money politics can demolish democracy

Money politics can demolish democracyBy Aleksius Jemadu BANDUNG (JP): In this era of political reform most politicians are trying hard to convince people they are real reformists. But the difference between a reformist and an opportunist is obvious.

Hong Kong bids to host 2006 Asiad

Hong Kong bids to host 2006 Asiad HONG KONG (AFP): Hong Kong will launch a bid to host the 2006 Asian Games, Chinese official media reported here Tuesday.The head of the Hong Kong Sports Federation and Olympic Committee Timothy Fok Tsun-ting, said the former British colony would attempt to stage...

KONI urges Bappenas to release Games funds

KONI urges Bappenas to release Games funds JAKARTA (JP): The National Sports Council (KONI) has appealed to the National Planning and Development Board (Bappenas) to immediately disburse Rp 5.5 billion (US$687,500) allocated from the state budget to finance training programs for the 20th Southeast...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 2, 1999: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 425 0 17,500 AHAP Insurance 425 0 0 Alakasa Industrindo 275 0 0 Alter Abadi 275 -25 120,000 Alumindo...

Junior athletes shine in Taipei Open

Junior athletes shine in Taipei Open JAKARTA (JP): Young stars Irine Truitje Joseph and Nunung Jayadi broke personal bests in the women's 100-meter dash and men's pole vault during the two-day Taipei Open track and field event on May 29 and May 30.Irine, 18, and from Maluku, clocked 11.

Autralian firm to plug Indonesia's handicraft exports

Autralian firm to plug Indonesia's handicraft exports JAKARTA (JP): Indonesia's Export Supporting Board has signed an agreement with Australian joint venture PT Out of Asia to boost the country's handicraft exports.

Constitution needs amending

Constitution needs amending BOGOR, West Java: The Crescent Star Party (PBB) renewed its demand for amendments to the 1945 Constitution on Tuesday, saying it would help the nation emerge from the present adversities.

Asia nibbles at bond guarantee offer

Asia nibbles at bond guarantee offer TOKYO (Reuters): Southeast Asia's crisis-hit economies moved a step closer on Wednesday to taking advantage of a Japanese plan to help them regain their credibility on the international bond markets.

Mobile polling booths to operate

Mobile polling booths to operate SAMARINDA, East Kalimantan: The Provincial Elections Committee here has provided dozens of mobile polling booths to serve voters in remote areas scattered through seven districts during Monday's balloting.

It's not that easy to solve banking problems

It's not that easy to solve banking problemsBy Kwik Kian Gie JAKARTA (JP): The new government which will be established after the June 7 general election will clearly face huge and sophisticated hurdles in trying to revive the deteriorating banking industry because many existing problems have yet...

Prepaid cards dial sales in campaign

Prepaid cards dial sales in campaign JAKARTA (JP): Local sales of prepaid subscriber identity module (SIM) cards for cellular phones increased significantly in the first week of the official 16-day campaign period, according to network operators.

More groups complain over Wardah's findings

More groups complain over Wardah's findings JAKARTA (JP): Two more organizations filed police complaints on Wednesday over Urban Poor Consortium chief Wardah Hafidz's allegations they misused social safety net funds to benefit the Golkar Party and People's Sovereignty Party (PDR).

Police security is too much

Police security is too much How good is it for tourism and international business to have armed gunmen around the Hilton Hotel?On May 24, 1999, I accompanied my boss to the Lagoon coffee shop for an early morning meeting. Around 8:30 a.m.

BNI, Lippo Bank plan rights issue too boost capital

BNI, Lippo Bank plan rights issue too boost capital JAKARTA (JP): Publicly listed Bank Negara Indonesia (BNI) and Lippo Bank plan a rights issue to finance their recapitalization costs, the banks announced on Tuesday.BNI said it would sell 151.

Teachers upset with salary cut

Teachers upset with salary cut KENDARI, Southeast Sulawesi: Elementary teachers at Kabaena subdistrict in Buton regency are complaining about the Rp 30,000 monthly cut imposed on their salary."We've voiced this problem to the regent so many times, including the latest via a letter dated on April 30.

UNAMET accused of siding with anti-integration groups

UNAMET accused of siding with anti-integration groups JAKARTA (JP): Two senior ministers alleged the United Nations Assistance Mission in East Timor (UNAMET) on Wednesday of favoring anti-integration groups and ignoring prointegration organizations.

Nothing like campaigning

Nothing like campaigning This is Indonesia's first democratic election, or at least that is what it is being billed as, in quite a long time. The world looks on with great anticipation to see how Indonesian's conduct themselves with their new found freedom.

Conversion Rates

Conversion RatesBank Bali's conversion rates on June 2, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,085.00 8,145.00 8,085.00 8,185.00Australian dollar 1 5,166.30 5,257.10 5,141.00 5,332.00Austrian schilling 1 611.26 620.85 - -Belgian franc 1 208.51 211.

Tumor trouble disables man

Tumor trouble disables man PALU, Central Sulawesi: A 38-year-old transmigrant settling at Tomini village of Donggala regency here has a 20-kilogram tumor under his penis, Antara reported Wednesday.The tumor was so big that it forced his genitals to "go missing".

PK supporters suck pacifiers

PK supporters suck pacifiers JAKARTA: No campaign has been attended by as many children under five as that of Justice Party (PK) at Kebayoran soccer field in South Jakarta on Wednesday.Antara estimated their number at "thousands.

No time to fight graft

No time to fight graft To many Indonesians, next week's general election deserves unrelenting national attention, with all other problems considered insignificant in comparison.Perhaps this also is the belief of high-ranking state prosecutors at the Attorney General's Office.

Mixed day for Asian markets amid lingering investor concerns

Mixed day for Asian markets amid lingering investor concerns HONG KONG (AFP): Asian stock markets turned in a mixed performance Wednesday amid lingering investor concerns over the direction of U.S. interest rates, dealers said.