Indonesian Political, Business & Finance News

Archive: 14 September 1999

47 articles found

U.S., Europe talk tough; Indonesia's neighbors vow help

U.S., Europe talk tough; Indonesia's neighbors vow help JAKARTA (JP): The United States and Europe exerted more pressure on Indonesia over East Timor on Monday as many of Jakarta's Asian neighbors pledged troops an international peacekeeping force in the former Portuguese colony.U.S.

Sending off the sons to the unknown war in Aceh

Sending off the sons to the unknown war in AcehBy Ati Nurbaiti JAKARTA (JP): Minister of Defense and Security/Indonesian Military (TNI) Commander Gen. Wiranto announced last month the redeployment in Aceh of the Crack Riot Troops which gained so much bad publicity following the reported abuse of...

Asian monies rebound on RI's decision to allow peacekeepers

Asian monies rebound on RI's decision to allow peacekeepers HONG KONG (Dow Jones): Asian currencies rebounded strongly Monday following Indonesia's decision to allow foreign peacekeepers into East Timor.

Logging threatens national parks, orangutan habitat

Logging threatens national parks, orangutan habitatBy Stevie Emilia JAKARTA (JP): Gistok, a famous orangutan from Tanjung Puting national park in Central Kalimantan, used to spend hours with the park visitors, playing, watching and learning.

Sydney's Olympics still on agenda: KONI

Sydney's Olympics still on agenda: KONI JAKARTA (JP): The National Sports Council (KONI) has assured that rising political tension between Indonesia and Australia concerning East Timor will not affect its participation in the 2000 Olympic Games in Sydney.

Indonesian Military vows to get tough with militia groups

Indonesian Military vows to get tough with militia groups KUPANG, East Nusa Tenggara (JP): Indonesian Military (TNI) leaders have ordered their troops to disarm East Timorese proautonomy militia groups who crossed the border here along with thousands of refugees fleeing violence in the territory.

Indonesia wants Australia kept off UN force

Indonesia wants Australia kept off UN force JAKARTA (JP): The House of Representatives and the ruling Golkar Party demanded on Monday that Australia and Portugal be excluded from any international peacekeeping forces sent to restore peace and order in East Timor.

Rahardi hopes for end of Australian union boycott

Rahardi hopes for end of Australian union boycott JAKARTA (JP): Minister of Industry and Trade Rahardi Ramelan said on Monday he was hopeful that an Australian union boycott against Indonesia goods would end, following Jakarta's decision to allow United Nations peacekeeping forces in East Timor.

UN to face challenges in East Timor

UN to face challenges in East TimorBy Omar Halim JAKARTA (JP): Discussions on who is at fault for the East Timor tragedy should start with acknowledgment of the fact that the territory was colonized by Portugal for many centuries.

A presidium

A presidiumFrom Rakyat MerdekaI am writing in response to a Sept. 6 interview in Rakyat Merdeka with Sarwono Kusumaatmadja, former Golkar secretary- general and now a prominent figure of the movement for justice and unity in the nation. He advocates the necessity of a presidium to replace B.J.

E. Timor University may be moved

E. Timor University may be moved BANDUNG: The Rector of East Timor University, Theo T Balella, said here on Monday that if conditions forced the closure of the only university in the province, then it should be moved to the neighboring town of Atambua in East Nusa Tenggara.

KL palm oil ends off highs

KL palm oil ends off highs KUALA LUMPUR (Reuters): Palm oil prices in Malaysia closed off their highs as late technical selling eroded earlier gains, traders said.The market firmed earlier on the back of gains by Chicago soyoil futures plus expectations of stronger fundamentals and more Indian...

Sudwikatmono appeals $10m ruling

Sudwikatmono appeals $10m ruling JAKARTA (JP): Prominent businessman Sudwikatmono appealed to the Supreme Court last Friday over the Jakarta High Court's ruling that he pay US$10 million to his former business associate Bambang Sutrisno over a 1997 business dispute.

Hats off to Rudy Ramli

Hats off to Rudy Ramli The live report of the public hearing between Commission VIII of the House of People's Representatives and Mr. Rudy Ramli (former president director of Bank Bali) was really satisfying to watch.

Carter and military aid

Carter and military aid With reference to Zatni Arbi's article in The Jakarta Post on Sept. 12, 1999 on What can our leaders learn from Carter?, it might be useful to refresh the author's memory. While he was president, Carter described human rights as the soul of American foreign policy while...

KPU rejects Gus Dur's nomination

KPU rejects Gus Dur's nomination JAKARTA (JP): The General Elections Commission (KPU) rejected on Monday the nomination of Abdurrahman Wahid, better known as Gus Dur, as a Nahdlatul Ulama (NU) candidate for the interest group faction in the People's Consultative Assembly (MPR).

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Sept. 13, 1999: Buying Selling Rp Rp U.S. dollar 1 7,839.00 7,917.00Australian dollar 1 5,130.63 5,185.64Austrian schilling 1 590.99 597.16Belgian franc 1 201.59 203.70Brunei dollar 1 4,637.09 4,686.00Canadian dollar 1 5,307.74 5,362.

Indonesia lending on hold due to Bank Bali: WB

Indonesia lending on hold due to Bank Bali: WB COPENHAGEN (Agencies): The World Bank and the International Monetary Fund will not extend any new loans to Indonesia until the Bank Bali scandal has been cleared up, World Bank President James Wolfensohn said on Monday."We and the Fund...

Chemical safety in the works

Chemical safety in the works JAKARTA (JP): A national committee monitoring chemical and chemical-related industries will issue industrial guidelines to promote pollution protection, workers' health and safety in the industry.

Swisscontact helps SMEs

Swisscontact helps SMEs JAKARTA (JP): Swisscontact, an international nonprofit organization, in cooperation with the World Bank is currently running a pilot project to support small and medium enterprises (SMEs) in East Java.

Drug dealer nabbed in Bogor

Drug dealer nabbed in Bogor BOGOR (JP): Housewife Nia Kurniasih, alias Atun, 22, was arrested in a drug raid at her house in Kampung Babakan Sirna in Cileubeut Timur village here on Sunday night, an official said.

Couples told they are living in sin

Couples told they are living in sin PURBALINGGA, Central Java: At least 51 married couples in Karangreja district recently discovered to their horror that they have in fact been living out of wedlock.The couples were recently notified that their marriage certificate may be fake.

Foreign missions vandalized

Foreign missions vandalized SURABAYA (JP): Protesters vandalized the U.S. consulate office and the Western Australia trade representative office here on Monday, venting their anger at what they perceive to be foreign meddling in Indonesia's domestic affairs.

War on drugs must be joint effort: Seminar

War on drugs must be joint effort: Seminar JAKARTA (JP): The government, law enforcers and the public must be enlisted in the war on drugs or efforts to eradicate the country's growing drug problem will be doomed to failure, speakers and participants in a seminar on drug addiction concluded on...

The Auckland Challenge: APEC leaders' declaration

The Auckland Challenge: APEC leaders' declaration The following is a full text of the Asia-Pacific Economic Cooperation (APEC) forum leaders' declaration, headlined The Auckland Challenge, released at the completion of the APEC summit in Auckland on Monday.

S&P's puts Indonesia's ratings on credit watch

S&P's puts Indonesia's ratings on credit watch JAKARTA (JP): U.S.-based rating agency Standard & Poor's has placed Indonesia's triple C+ long-term and C short-term sovereign and unsecured foreign currency credit ratings on its credit watch list with negative implications.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 13, 1999: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 400 0 0 AHAP Insurance 525 0 0 Alakasa Industrindo 275 0 0 Alter Abadi 300 50 67,500 Alumindo Light...

U.S., Canada criticize KL for jailing reporter

U.S., Canada criticize KL for jailing reporter KUALA LUMPUR (Agencies): The United States and Canada criticized Malaysia on Monday for imprisoning a foreign journalist, but Prime Minister Mahathir Mohamad brushed aside the objections and accused the West of trampling on human rights.

Our moment of shame

Our moment of shame For a nation that prides itself on being one of the few in the world to constitutionally enshrine the principle of "just and civilized humanity", Indonesians should be appalled by events currently taking place in East Timor.

Finding a place to stay along the road through Banten

Finding a place to stay along the road through Banten The Jakarta Post, in cooperation with Banten West Java Tourism Development Corporation, is presenting weekly issues on the Banten region. This week's issue is on finding accommodation and what you can do on your trip.

Rates for tax payment, valid from Sept. 13 to Sept. 19

Rates for tax payment, valid from Sept. 13 to Sept. 19U.S. dollar 1 Rp 8,050.00Austrian schilling 1 614.80Australian dollar 1 5,194.67Belgian franc 1 209.72Canadian dollar 1 5,404.14Swiss franc 1 5,283.54Deutschemark 1 4,326.33Danish krone 1 1,142.56French franc 1 1,289.67Poundsterling 1 12,905.

Council speaker reelected despite fervent protest

Council speaker reelected despite fervent protest JAKARTA (JP): Maj. Gen. Edy Waluyo from the military faction was reelected on Monday as the City Council's speaker in a plenary session which was marked with protests from dozens of supporters from the Indonesian Democratic Party of Struggle (PDI-...

Legislature approves new press bill

Legislature approves new press bill JAKARTA (JP): As anticipated, the House of Representatives approved on Monday a new law which guarantees freedom of the press.Comprising 21 articles, including one which protects the press from bans and one which provides for fines or jail terms for those who...

Integrity called for

Integrity called for A number of legislators appeared most eager to get to the truth and ask questions when Rudy Ramli, Bank Bali's former president director, testified in front of the House of Representatives.

Environmentalist urges action at city dump

Environmentalist urges action at city dump JAKARTA (JP): An environmentalist called on the city administration on Monday to stop burning activities at the city's garbage dump, Bantar Gebang, in Bekasi."The burning of garbage is not suggested in sanitary garbage management," said Achmad Safrudin,...

Habibie's absence at APEC

Habibie's absence at APEC The most intriguing gossip today seems to center around the absence of President Habibie from the Asia-Pacific Economic Cooperation (APEC) summit in Auckland, New Zealand. After Indonesia's foreign policy strategy concerning East Timor ran aground in international waters,...

Thousand Islands' fishermen form union

Thousand Islands' fishermen form unionBy Berni K. Moestafa JAKARTA (JP): After years of fighting against unfair competition brought on by illegal trawling, traditional fishermen in the Pulau Seribu (Thousand Islands) marine resort area eventually agreed to establish a union to help voice their...

City could be 'rocked by riots'

City could be 'rocked by riots' JAKARTA (JP): Indonesian Military (TNI) Deputy Commander Adm. Widodo A.S. warned on Monday that the current situation was not conducive enough to hold the General Session of the People's Consultative Assembly (MPR) in November.

We are colonized in many respects

We are colonized in many respectsFrom Pikiran RakyatThe celebration of our Independence Day on Aug. 17 this year was not as festive as it was in the past three years. This is understandable considering the acute economic crisis gripping the country.

APEC take ssteps to free up world trade

APEC take ssteps to free up world trade AUCKLAND (Reuters): Asia-Pacific leaders stepped up efforts to free up trade across half the world on Monday, announcing a package of proposals to remove tariffs barriers and make financial markets more efficient.

Habibie supports Pertamina privileges

Habibie supports Pertamina privileges JAKARTA (JP): President B.J. Habibie has agreed with the House of Representatives to maintain the decades-long privileges of state oil and gas company Pertamina in the oil and gas sector, a legislator said on Monday.

Robinson zeros in on alleged rights abuses

Robinson zeros in on alleged rights abuses JAKARTA (JP): United Nations High Commissioner for Human Rights (UNHCR) Mary Robinson said on Monday that military personnel should be prosecuted for any rights abuses in East Timor and recommended the formation of an international commission to...

Woman stockbroker robbed of Rp 500m outside JSX

Woman stockbroker robbed of Rp 500m outside JSX JAKARTA (JP): A female stock broker was allegedly robbed on Monday afternoon of Rp 500 million outside the Jakarta Stock Exchange tower in the busy Sudirman Central Business District in South Jakarta.

Xanana ready to forgive past wrongs

Xanana ready to forgive past wrongs JAKARTA (JP): East Timorese proindependence leader Jose Alexandre "Xanana" Gusmao on Monday called on East Timorese and Indonesians to work together for the future, despite the tragic past of his homeland.

Bambang points finger at Baramuli

Bambang points finger at Baramuli JAKARTA (JP): Finance minister Bambang Subianto said on Monday that Supreme Advisory Council (DPA) head Arnold A. Baramuli had been meddling in the country's bank restructuring program.

Summers, Armin top golf tourney

Summers, Armin top golf tourney JAKARTA (JP): Red Summers of the United States and Armin of Indonesia won the overall best gross and best net at the charity golf tournament at Rancamaya Golf and Country Club.

Pro-Jakarta group rejects UN force in East Timor

Pro-Jakarta group rejects UN force in East Timor JAKARTA (JP): Prointegration East Timorese said on Monday they rejected the presence of foreign peacekeepers in the province, urging the international community instead to send badly needed humanitarian aid for refugees.