Indonesian Political, Business & Finance News

Archive: 3 July 1999

56 articles found

Shiseido to open Bali office

Shiseido to open Bali office TOKYO (AFP): Japan's cosmetic giant Shiseido Co. Ltd. said Friday it will launch a relaxation business in Bali, Indonesia, in early 2001, to help people overcome the stresses of modern city life.

State enterprises to give financial aid for KONI

State enterprises to give financial aid for KONI JAKARTA (JP): The National Sports Council (KONI) finally received financial funding from State Minister of the Empowerment of State Enterprises Tanri Abeng to finance not only the 20th Southeast Asian (SEA) Games contingent, but also sports...

RI's forex reserves rise

RI's forex reserves rise JAKARTA (JP): Bank Indonesia said on Friday that its net foreign exchange reserves increased to US$16.41 billion as of June 30 from $16.37 billion a week earlier.The central bank said in its weekly indicator report that the increase was particularly due to oil and gas...

Student arrested for stabbing

Student arrested for stabbing TANGERANG (JP): Local police arrested a 16-year-old senior high school student for allegedly stabbing to death a student from another school during a street brawl on Thursday, an officer said.The head of the Tangerang Police detectives unit, Capt.

Educational background not vital to presidency

Educational background not vital to presidency The following is the second of two articles on presidential candidacy prepared by Ikrar Nusa Bhakti, acting head of the Division for International and Regional Affairs at the Center for Political and Regional Studies, the Indonesian Institute of...

Government slashes CPO export tax to 10 percent

Government slashes CPO export tax to 10 percent JAKARTA (JP): The government announced on Friday a cut in export taxes on crude palm oil (CPO) to 10 percent from 30 percent in line with falling international prices.

Pertamina cancels Soehartos' oil and gas contracts

Pertamina cancels Soehartos' oil and gas contracts JAKARTA (JP): State oil and gas company Pertamina annulled contracts with former president Soeharto's children and associates, and ordered them to sell their stakes in oil and gas projects as part of its continued drive to root out traces of...

Punched ballot papers dumped in East Java

Punched ballot papers dumped in East Java SURABAYA, East Java (JP): Police in Gresik are investigating the recent discovery of 30 bags of punched ballots in a storehouse belonging to a paper and iron recycling company in Driyorejo village.

Demonstrations for Maluku province division die down

Demonstrations for Maluku province division die down AMBON, Maluku (JP): Calm prevailed on Friday in Ternate, the capital of North Maluku regency, following the government's statement that a draft law on the expansion of Maluku into two provinces will soon be submitted for deliberation at the House...

PT Danareksa joins INDRA to settle foreign debts

PT Danareksa joins INDRA to settle foreign debts JAKARTA (JP): State-owned investment company PT Danareksa said on Friday that it has joined the Indonesian Debt Restructuring Agency (INDRA) in settling its foreign debts.Danareksa corporate secretary Ticke S.

Bali must keep its beauty

Bali must keep its beauty I was attracted to Bali's fame, hoping also to enjoy a new experience in my travels.I went to nearly every part of Bali and, sometimes, staying overnight. I regret that, in some places, I found people did not care for nature well.

Should the winning party lead the government?

Should the winning party lead the government?By Aleksius Jemadu BANDUNG (JP): As the vote count by the General Elections Commission (KPU) approaches its end and victory for the Indonesian Democratic Party of Struggle (PDI Perjuangan)) becomes a certainty, speculation about the presidential election...

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition: Pongpongan by Pande Ketut Taman, at Galeri Milenium, Blok B-23, Jl. R.S. Fatmawati No. 15, South Jakarta (Phone: 7507828), until July 7. * Painting Exhibition: Dumas Indra, at New Age Bar (Hazara Restaurant), Jl.

Military blames PRD for causing clash

Military blames PRD for causing clash JAKARTA (JP): Military and police officials are blaming supporters of the Democratic People's Party (PRD) for provoking the bloody clash with police outside the headquarters of the General Elections Commission (KPU) in Central Jakarta on Thursday.

Ways, means to fight political illiteracy

Ways, means to fight political illiteracyBy Setiono JAKARTA (JP): In this political reform era, political education stands as a central focus of contemporary concern about the improvement of the democratic climate in Indonesia.

Tanri hits the road to sell state firms

Tanri hits the road to sell state firms JAKARTA (JP): State Minister of the Empowerment of State Enterprises Tanri Abeng said on Friday he would hold a 10-day international road show to promote the country's state companies to prospective investors.

'Gambuh' opera company tour revives dying tradition

'Gambuh' opera company tour revives dying traditionBali's oldest opera at verge of extinction GIANYAR, Bali (JP): Balinese folk opera Gambuh is dying. Gambuh theaters are rare and few people are interested in learning about the most important traditional performing art.

Council to proceed on bill despite protest from PDI-P

Council to proceed on bill despite protest from PDI-P JAKARTA (JP): The City Council vowed on Friday to proceed with the deliberation of a bill on the council's internal rules, despite protests from the local chapter of the Indonesian Democratic Party of Struggle (PDI Perjuangan).

Mob attacks govt offices

Mob attacks govt offices KENDARI, Southeast Sulawesi: Hundreds of residents in Buton regency attacked a Betombari district administration office in a protest over a land dispute on Thursday.One of the residents, La Ode Zaeru, told Antara the protesters, who came from the Lipu and Katubengke...

Wukirasih to join SEA Games tennis squad

Wukirasih to join SEA Games tennis squad JAKARTA (JP): Wukirasih Sawondari, the 1997 Southeast Asian (SEA) Games gold medalist, will likely join seniors Romana Tedjakusuma and Liza Andriyani on the team for the 20th SEA Games team after two more wins on Friday in the four-day national selection at...

Ginandjar upbeat on figures for GDP, inflation in 1999

Ginandjar upbeat on figures for GDP, inflation in 1999 JAKARTA (JP): Coordinating Minister for Economy, Finance and Industry Ginandjar Kartasasmita projected on Friday that gross domestic product (GDP) growth for 1999 would be higher than the 0.

Former ministers testify in Goro corruption scandal

Former ministers testify in Goro corruption scandal JAKARTA (JP): Former finance minister Mar'ie Muhammad and former state minister/state secretary Moerdiono testified on Friday in the Goro corruption case at the South Jakarta District Court.

Wiranto sets limit on probe into Aceh abuses

Wiranto sets limit on probe into Aceh abuses JAKARTA (JP): Minister of Defense and Security/Indonesian Military Commander Gen. Wiranto says an investigation into rights abuses from the 10-year-long military operation in Aceh is unnecessary, warning it would open the floodgates for similar...

Betawi women still imprisoned by cultural beliefs

Betawi women still imprisoned by cultural beliefs JAKARTA (JP): There is nothing unusual about a woman becoming a top executive in Indonesia. Women run offices in the capital's glittering skyscrapers, seen by some as symbols of modernity and economic success.

Gemala refutes inclusion on debtor list

Gemala refutes inclusion on debtor list JAKARTA (JP): Gemala Industries Ltd. disputed on Friday its inclusion on a list of 26 uncooperative debtors issued by the Indonesian Bank Restructuring Agency (IBRA), saying the ruling was legally flawed and damaged its reputation.

Damri loses Rp 200 million

Damri loses Rp 200 million BANDUNG: State bus company Damri suffered a Rp 200 million (US$29,800) loss during the campaign period for this year's general election, an official said on Friday.The head of the Damri branch here, Mochammad Kasman Noer, said a number of the company's buses could not...

Street children increase due to jobless parents

Street children increase due to jobless parents JAKARTA (JP): The number of street children in the capital has increased more than fivefold from 12,636 in August last year to 68,688 last month, an official has said.

Conversion Rates

Conversion Rates Bank Bali's conversion rates on July 2, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 6,800.00 6,880.00 6,800.00 6,910.00Australian dollar 1 4,504.30 4,609.45 4,479.00 4,684.00Austrian schilling 1 503.13 514.15 - -Belgian franc 1 171.62 175.

Volcanic quake damages buildings

Volcanic quake damages buildings LARANTUKA, East Nusa Tenggara: Hundreds of houses, schools and other buildings were damaged in an earthquake which followed the eruption of nearby Mt. Lewotobi on Thursday.No fatalities resulted from the eruption, the first since 1990.

KONI seeks input on SEA Games team lineup

KONI seeks input on SEA Games team lineup JAKARTA (JP): The National Sports Council (KONI) will invite coaches and sports officials to provide input on its team lineup for the 20th Southeast Asian (SEA) Games in Brunei Darussalam next month.

Women shooters to practice abroad

Women shooters to practice abroad JAKARTA (JP): Three of Indonesia's top women shooters are set for an overseas training stint in Brunei Darussalam in order to adjust to local conditions ahead of the 20th Southeast Asian (SEA) Games.

Drunk men caught raping teenager

Drunk men caught raping teenager TANGERANG (JP): Residents of Babakan village in Serpong caught and attacked a drunken man for sexually assaulting an 18-year-old girl late on Thursday.The man, identified as Sinuraya, was caught by the residents, along with four accomplices, raping victim Warni,...

Financing the budget

Financing the budget Sven Sandstrom, vice president of the World Bank, which chairs the country's creditor consortium -- the Consultative Group on Indonesia (CGI) -- outlined early this week major challenges the new government will encounter in drafting its 2000/2001 budget beginning in April.

MPR session may be delayed: Habibie

MPR session may be delayed: Habibie JAKARTA (JP): With the General Elections Commission (KPU) deciding to delay announcing final poll results, President B.J. Habibie said on Friday subsequent stages of the June 7 general election, including the General Session of the People's Consultative Assembly...

Proindependence faction set to share power

Proindependence faction set to share power JAKARTA (JP): The East Timor proindependence faction pledged on Friday to share power with its pro-Jakarta rival if it won the United Nations-sanctioned self-determination vote in August.

Supreme Court asked to settle Timor tax dispute

Supreme Court asked to settle Timor tax dispute JAKARTA (JP): Legal experts have called on the Supreme Court to immediately issue a guideline to settle the ongoing dispute between car producer PT Timor Putra Nasional (TPN) and the Directorate General of Taxation.

Masturbation and marriage

Masturbation and marriage Doctor Sri Utami of Purwodadi, Central Java, has stirred me up with her health article A secret shared: Masturbation in marriage published in The Jakarta Post on June 27, 1999.

Al Azhar school to be demolished

Al Azhar school to be demolished BOGOR (JP): The Bogor mayoralty office will demolish the newly constructed two-story Al Azhar school on Jl. Sindang Barang in West Bogor for not having legal building permits, a mayoralty official said on Friday.

Regent gets nine months in jail for bribery

Regent gets nine months in jail for bribery SEMARANG (JP): A military court here sentenced on Friday former Bantul regent Army Col. Sri Roso Sudarmo to nine months imprisonment after finding him guilty of bribing a foundation chaired by former president Soeharto in 1996 to ensure his reelection as...

Disabled people sue Probosutedjo

Disabled people sue Probosutedjo JAKARTA (JP): About 80 workers of the Swa Prasidya Purna industrial workshop for the physically handicapped have filed a Rp 103.8 billion (US$15.7 million) lawsuit for unfair dismissal against workshop operator Probosutedjo at the Central Jakarta District Court.

'Wushu' athletes to go overseas

'Wushu' athletes to go overseas JAKARTA (JP): The Indonesian Wushu Association plans to have Indonesian wushu athletes participate in international competitions in a bid to popularize the martial art.Mediteransjah, the association's newly installed chairman, said on Friday that the athletes would...

Irene breaks own 200m record, star athlete Supriati injured

Irene breaks own 200m record, star athlete Supriati injured JAKARTA (JP): Irene Truitje Joseph bettered her national record in the women's 200 meters on the second day of national athletic team selection for the 20th Southeast Asian (SEA) Games, but there was a hitch in the plans of favored middle...

Much ado over Megawati, women leaders continues

Much ado over Megawati, women leaders continues JAKARTA (JP): Muslim clerics and students stepped up their opposition on Friday to Megawati Soekarnoputri's presidential candidacy, citing Islamic law and saying she was not capable of leading the country.

A nation of 'fortunetellers'

A nation of 'fortunetellers' The above title tallies with the condition of Indonesia's political waves in this post-general election period. Nowadays, political experts, politicians, political observers and even paranormal people are predicting who will be the president-elect, the veep and the...

Marubeni accused of dumping pipe for West Natuna project

Marubeni accused of dumping pipe for West Natuna project JAKARTA (JP): The Association of Indonesian Steel Pipe Manufacturers accused Japanese trading house Marubeni on Friday of dumping practices to win the tender to supply steel pipes for the West Natuna gas pipeline project.

World's third largest democracy

World's third largest democracy This is the second of two articles on the prospect of democratization in Indonesia by Olle Tornquist, a professor of politics and development at the University of Oslo. OSLO (JP): The achievements of the Indonesian Democratic Party of Struggle (PDI Perjuangan), the...

Bung Karno university

Bung Karno university Sooner or later injustice will come to an end, as proven by the granting of a permit by the authorities for the founding of a university named after Sukarno, the country's first president: Bung Karno University.For about 20 years, the university's application had been rejected.

Elections committee's members request transportation fees

Elections committee's members request transportation fees JAKARTA (JP): Members of the Jakarta Provincial Elections Committee (PPD I) have asked Governor Sutiyoso to provide them with transportation costs, chairman Djafar Badjeber said on Friday.

Suspected burglar fatally mobbed

Suspected burglar fatally mobbed TANGERANG (JP): Scores of Sari Mulya villagers fatally mobbed a local resident, who was suspected by villagers of committing a series of crimes.Munir, 29, suffered severe wounds to his face after being slashed with machetes and beaten with rocks by the villagers...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 2, 1999: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 475 -25 12,500 AHAP Insurance 525 0 0 Alakasa Industrindo 300 -50 10,000 Alter Abadi 400 -25 349,000...

Irianese demand referendum results

Irianese demand referendum results JAYAPURA, Irian Jaya: A group of people claiming to represent residents in the remote districts of Nimboran, Kemtuk and Gresi, urged the government on Friday to disclose the results of a 1969 referendum which gave Indonesia control over what is now Irian Jaya.

The bumpy road to true democratic society

The bumpy road to true democratic society This article is based on the presentation of political observer Ichlasul Amal, rector of Gadjah Mada University, in the discussion "Postelection Indonesia: Who Will Be the Fourth President?" held recently at The Jakarta Post's representative office in...

Folklore competition

Folklore competition As an American with more than a passing interest in the English language folklore, I took special note of your report on July 2, 1999, on the folklore competition in Bogor.I was saddened and angered to read that the winners had been denied their rewards.

Post-election Indonesian prospects

Post-election Indonesian prospects When former president Soeharto ruled Indonesia general elections were staged like clockwork every five years with the results known well in advance. It is a measure of how much things have changed that there is still no final result from the poll three weeks ago.

Farmers burn rice paddies

Farmers burn rice paddies BANYUMAS, Central Java: Hundreds of farmers here and in the neighboring town of Cilacap set their rice paddies on fire to prevent a pest which has destroyed a large portion of the paddies from spreading.

Quality of a presidential candidate

Quality of a presidential candidateFrom Pikiran RakyatOn the subject of presidential candidates, I do not think that gender is of great importance in determining the criteria for one. The vision and quality of the candidate, however, are essential.