Archive: 17 September 1999
58 articles found
Fri, 17 Sep 1999, 00:00 WIB
Djaduk to perform Ethnovaganza concert
Djaduk to perform Ethnovaganza concert JAKARTA (JP): After entertaining classical music lovers with its Popstravaganza concert, Teater Tanah Airku is now embracing ethnic music with its Ethnovaganza concert featuring noted musician Djaduk Ferianto. The concert, scheduled to take place on Sept. 18 at the theater in Taman Mini, East Jakarta, is intended to revitalize people's interest in ethnic music.
Fri, 17 Sep 1999, 00:00 WIB
Asian stock markets end lower, JSX mixed
Asian stock markets end lower, JSX mixed HONG KONG (AP): Most Asian stock markets ended lower Thursday on a combination of Wall Street's overnight slide, the weakening U.S. dollar and interest rate worries. Japanese stocks fell sharply as investor sentiment worsened amid the U.S. dollar's slide against the yen. The benchmark 225-issue Nikkei Stock Average plunged 485.63 points, or 2.73 percent, to close at 17,291.59. On Tuesday, the average closed down 132.07 points, or 0.74 percent.
Fri, 17 Sep 1999, 00:00 WIB
Oil in Asia slips, but maintains firm outlook
Oil in Asia slips, but maintains firm outlook SINGAPORE (Reuters): Asian crude oil prices eased on Thursday, but maintained an overall firm outlook as the global oversupply is steadily eroded. October U.S. crude futures trading on the New York Mercantile Exchange (NYMEX) after-hours ACCESS trade lost three cents to US$24.10 per barrel at 0730 GMT. In New York trade on Wednesday, the contract ended up 27 cents at $24.13 from the previous day.
Fri, 17 Sep 1999, 00:00 WIB
Police step up security on East Timor border
Police step up security on East Timor border KUPANG, East Nusa Tenggara (JP): Police have stepped up security patrols along East Nusa Tenggara's border with East Timor in anticipation of problems resulting from the continuing influx of refugees fleeing turmoil in the neighboring province. East Nusa Tenggara Police chief Col. Jusuf Sudrajat said on Thursday that police operating along the border confiscated at least four cars belonging to the United Nations Mission in East Timor (UNAMET).
Fri, 17 Sep 1999, 00:00 WIB
'Gandrung' dance retains popularity
'Gandrung' dance retains popularity By Ahmad Solikhan and Ali Budiman BANYUWANGI, East Java (JP): Copper-red rays from lanterns flooded the stage. The fragrance of scattered jasmine and kenanga flowers induced a heightened romantic ambience. The audience around the stage had been waiting since early evening and could hardly contain their impatience at the emergence of the beautiful dancers.
Fri, 17 Sep 1999, 00:00 WIB
TNI pulls troops from East Timor
TNI pulls troops from East Timor JAKARTA (JP): The Indonesian Military (TNI) began withdrawing some of its soldiers from East Timor ahead of the arrival of a multinational peacekeeping force next week, a military source said on Thursday. "Some of the troops are starting to leave for Atambua. We expect all soldiers to be out when the peacekeeping troops arrive," the source, who requested anonymity, said. Atambua is a border town on the western half of Timor island.
Fri, 17 Sep 1999, 00:00 WIB
Investors sought to develop Kramat Tunggak
Investors sought to develop Kramat Tunggak JAKARTA (JP): The city administration hopes to attract new investors to develop the 10.4-hectare Kramat Tunggak red-light district in North Jakarta into an integrated business center after the three initial investors pulled out. "The construction of the business center must go on. We, therefore, are opening the project to new investors," Deputy Governor of Social Affairs Djailani said on Thursday.
Fri, 17 Sep 1999, 00:00 WIB
Body of kidnapped victim identified
Body of kidnapped victim identified JAKARTA (JP): Family members of a kidnapped victim identified on Thursday a corpse at the Cipto Mangunkusumo General Hospital's morgue as their brother, Mamat Suganda. Mamat, a deposits department supervisor of Bank Universal, was kidnapped by three unidentified men from the bank's parking lot on Jl. Rasuna Said, South Jakarta, shortly after leaving the office at 5:30 p.m. on Tuesday. Police are still investigating the kidnapping case.
Fri, 17 Sep 1999, 00:00 WIB
PT Indosat boss resigns over scandal
PT Indosat boss resigns over scandal JAKARTA (JP): President of the publicly listed international telephone operator PT Indosat, Tjahjono Soeryodibroto, tendered his resignation on Thursday following a scandal involving a government dividend worth Rp 112 billion that was revealed a couple of weeks ago. Indosat's public relations manager, J.B. Basuki, told The Jakarta Post that Tjahjono resigned because he wanted to bear the responsibility for the scandal. "He resigned on his own wish.
Fri, 17 Sep 1999, 00:00 WIB
Car sales on local market level off in August
Car sales on local market level off in August JAKARTA (JP): After an impressive 82.5 percent growth in July, the rebound in the domestic car market leveled off in August with sales increasing by a paltry 1.2 percent to reach 8,736. Commenting on the latest figure from the Indonesian Automotive Association (Gaikindo), automotive analyst Suhari Sargo said the market had not picked up completely because it had a low absorption rate.
Fri, 17 Sep 1999, 00:00 WIB
Is an East Timor reconciliation possible?
Is an East Timor reconciliation possible? By Aleksius Jemadu BANDUNG (JP): The placement of the United Nations peacekeeping force in East Timor may not automatically lead to a smooth transition to the establishment of an independent state of East Timor. The process of healing the deep wounds caused by an endless exchange of vengeance will not come easy. What kind of political accommodations should be given to the prointegration group that can be accepted by all conflicting parties?
Fri, 17 Sep 1999, 00:00 WIB
Kudos for the legislature
Kudos for the legislature Even as it approaches the end of its term, the House of Representatives is earning the public's well-deserved recognition for doing its best to serve the people's interests and by demonstrating its commitment to helping bring about good governance in this country. This is demonstrated in particular through its investigation of the case which has since become widely known as the Bank Bali scandal.
Fri, 17 Sep 1999, 00:00 WIB
Third world strives to carry out bureaucratic reform
Third world strives to carry out bureaucratic reform By Raphael Lengesa Nombo YOGYAKARTA (JP): There is a distinction between bureaucratic systems found in advanced Western countries and those available in developing countries.
Fri, 17 Sep 1999, 00:00 WIB
See the individual, not just the student
See the individual, not just the student I wish to comment on Mrs. Lestari's letter on student brawls published in The Jakarta Post on Sept. 8, 1999. She suggests that it is not appropriate to take the culprits to the police station, instead, they should be brought back to their respective schools and lectured on good conduct. She also suggests that a police officer be placed at school to punish, if necessary, the delinquent students.
Fri, 17 Sep 1999, 00:00 WIB
Minister Marzuki leads Cabinet exodus for MPR membership
Minister Marzuki leads Cabinet exodus for MPR membership JAKARTA (JP): Having accepted his nomination as a member of the People's Consultative Assembly (MPR), Minister of Tourism, Art and Culture Marzuki Usman submitted his resignation request to President B.J. Habibie on Thursday. Marzuki, also state minister of investment, told reporters the President had given his approval, and said he would formally leave the Cabinet a few days before the induction of new MPR members on Oct. 1.
Fri, 17 Sep 1999, 00:00 WIB
Seededs cruise to third round of ABC
Seededs cruise to third round of ABC JAKARTA (Agencies): Seededs cruised to the third round of the US$136,000 JVC Asian Badminton Championships (ABC) in Kuala Lumpur on Thursday. Men's singles top seeded Fung Permadi, an Indonesian playing for Chinese Taipei, had an easy win over Ho Van Loi of Vietnam 15-6, 15-5 in the second round while second seeded Chen Gang of China beat Rasel Kabir of Bangladesh 15-5, 15-6.
Fri, 17 Sep 1999, 00:00 WIB
Deddy urges Pelti to send juniors abroad
Deddy urges Pelti to send juniors abroad JAKARTA (JP): National coach Deddy Prasetyo is urging the Indonesian Tennis Association (Pelti) to send more junior players for training and tournaments overseas instead of increasing the number of international tennis events in Indonesia.
Fri, 17 Sep 1999, 00:00 WIB
Indonesia scraps security pact with Australia
Indonesia scraps security pact with Australia JAKARTA (JP): Indonesia canceled on Wednesday a landmark 1995 agreement with Australia on security cooperation as the row between the two countries over East Timor reached new highs.
Fri, 17 Sep 1999, 00:00 WIB
Workers need safety to help refugees
Workers need safety to help refugees The government must uphold the Geneva Convention on victims of armed conflict by guaranteeing the safety of humanitarian workers, enabling them to help hundreds of thousands of refugees in East Timor, says sociologist and secretary-general of the official National Commission on Violence Against Women Kamala Chandrakirana in an interview with The Jakarta Post. Question: What is the latest estimate of the number of refugees in East Timor?
Fri, 17 Sep 1999, 00:00 WIB
34 die in overnight traffic accidents
34 die in overnight traffic accidents PEMALANG, Central Java (JP): Thirty-four people were killed in two separate traffic accidents in Central Java in the early hours of Thursday morning. At least 24 people died instantly and five others were severely injured when an Argo Bromo executive train struck a Colby Persada bus at about 2:30 a.m. here.
Fri, 17 Sep 1999, 00:00 WIB
On the road with Indonesia's transportation services
On the road with Indonesia's transportation services World Transportation Day gives us the prime opportunity to take stock and look at how far we have come over the years. Compared to many other developing countries, Indonesia boasts surprisingly developed transportation services, although patience will stand foreign travelers in good stead for the odd hitch here and there. If you have the funds, it is basically your choice to make in what you choose to putter around Indonesia's major cities.
Fri, 17 Sep 1999, 00:00 WIB
International wishes
International wishes From Rakyat Merdeka The result of the direct ballot in East Timor as announced by United Nations Secretary-General Kofi Annan showed that East Timor, Indonesia's 27th province, rejected the wide-ranging autonomy offered by the Indonesian government.
Fri, 17 Sep 1999, 00:00 WIB
Germany provides medical supplies
Germany provides medical supplies JAKARTA (JP): Germany's Federal Office of Civil Protection has donated medical equipment worth 1.5 million marks (about US$800,000) to the Social Foundation for People's Development. The aid is earmarked for hospitals and orphanages in Flores, Lombok, Ambon and Sorong. The aid, which arrived earlier this month in Jakarta -- will soon be distributed to areas in eastern Indonesia.
Fri, 17 Sep 1999, 00:00 WIB
Clarification of institute's aims
Clarification of institute's aims We refer to the feature article Artists use their brush for social criticism written by Ahmad Solikhan (The Jakarta Post, Sept 9, 1999). As there are some disturbing mistakes in the article, we, the management of the Lembaga Budaya Kerakyatan TARING PADI (People's Cultural Institute of TARING PADI) would like to clarify as follows; 1.
Fri, 17 Sep 1999, 00:00 WIB
Five consultancy companies bid to audit Inti Indorayon
Five consultancy companies bid to audit Inti Indorayon JAKARTA (JP): Five foreign consultancy companies have been short-listed by the government in the tender to conduct an environmental audit of PT Inti Indorayon Utama Tbk, a senior official at the Ministry of Industry and Trade said on Thursday.
Fri, 17 Sep 1999, 00:00 WIB
Pertina prepares boxers for Olympics qualification
Pertina prepares boxers for Olympics qualification JAKARTA (JP): The Indonesian Amateur Boxing Association (Pertina) is preparing four boxers to compete in the Asian Championships, which will also serve as the first Olympic qualifying round, in Tashkent, Uzbekistan, from Oct. 23 to Oct. 31.
Fri, 17 Sep 1999, 00:00 WIB
Anger spurs arson, beating incident
Anger spurs arson, beating incident JAKARTA (JP): Two shocking acts of violence occurred on Wednesday as a result of uncontrolled anger and frustration, city police spokesman Lt. Col. Zainuri Lubis said on Thursday. A 21-year-old construction worker was badly beaten by two officers from the Jakarta Military Command in Tambun, Bekasi, while a man nearly died in his home in Cawang, East Jakarta, when his 19-year-old son set the house on fire.
Fri, 17 Sep 1999, 00:00 WIB
Our outmoded nationalism
Our outmoded nationalism In the case of East Timor, Australia is behaving like a pubescent child. It is raucous in its speech and tends to act with excessive drive. This country has been like close kin to us for many years. Considering such a background, we, as a large nation currently in trouble, must not overreact.
Fri, 17 Sep 1999, 00:00 WIB
Wiranto expects violence during MPR General Session
Wiranto expects violence during MPR General Session JAKARTA (JP): Minister of Defense and Security/Indonesian Military (TNI) Commander Gen. Wiranto warned on Thursday the prolonged disputes among the political elite would be a potential source of violence at the General Session of the People's Consultative Assembly (MPR). "Many media have made various predictions about the session, but for me it is obvious that political factors will incite violence," Gen.
Fri, 17 Sep 1999, 00:00 WIB
Asian currencies slip in late trading
Asian currencies slip in late trading SINGAPORE (Dow Jones): Asian currencies are lower late Thursday as the U.S. dollar claws back recent losses against the Japanese yen. The South Korean won fell to a one-month low against the U.S. dollar Thursday and its stock market index plunged as investors grew anxious that tightening credit and the specter of widespread bond redemptions in the fourth quarter would ramp up local interest rates.
Fri, 17 Sep 1999, 00:00 WIB
Governor regrets trafficker release
Governor regrets trafficker release JAKARTA (JP): Governor Sutiyoso expressed disappointment on Thursday over the release of an alleged drug trafficker recently arrested by residents of Kampung Bali in Tanah Abang, Central Jakarta. "Why did it happen? We should not tolerate drug trafficking any longer," Sutiyoso told reporters at City Hall. He expressed regret over the police's freeing of the suspect, identified as Rizky, saying police have not been serious in fighting the drug trade.
Fri, 17 Sep 1999, 00:00 WIB
Dispute mounts over subdistrict chief reshuffle
Dispute mounts over subdistrict chief reshuffle TANGERANG (JP): A dispute over Mayor Mochammad Thamrin's decision to reshuffle 21 subdistrict chiefs of the mayoralty heightened on Thursday, with protests breaking out at several subdistrict offices here. Some newly appointed subdistrict chiefs reportedly failed to turn up for work after angry residents blockaded and occupied the buildings. Those who were forced out of their positions by the mayor's decision were the most vocal.
Fri, 17 Sep 1999, 00:00 WIB
Witnesses, police give conflicting reports on shooting
Witnesses, police give conflicting reports on shooting JAKARTA (JP): Witnesses and police have given conflicting accounts in the fatal shooting of a schoolboy on Wednesday night near the Police Mobile Brigade (Brimob) dormitory in Central Jakarta. Some said his death occurred in a brawl, but others claimed he was killed when students tried to storm the dormitory on Jl. K.S. Tubun.
Fri, 17 Sep 1999, 00:00 WIB
Britain's Piano Circus on the road in Indonesia
Britain's Piano Circus on the road in Indonesia JAKARTA (JP): A unique British music group, Piano Circus, will combine the best of rock and electronics with the precision of the contemporary classical tradition during its tour of Surabaya, Yogyakarta, Bandung and Jakarta this month. Piano Circus, formed in 1989, is the combination of six people's unique vision of music, with the result promising to deliver high-quality, dynamic new music to a wide audience.
Fri, 17 Sep 1999, 00:00 WIB
Habibie letter confuses Natuna project parties
Habibie letter confuses Natuna project parties JAKARTA (JP): A letter sent by President BJ Habibie's close aide has drawn conflicting interpretations over the President's policy on the contract awarded to PT McDermott Indonesia for the construction of the natural gas pipeline connecting the area west of Natuna island and Singapore.
Fri, 17 Sep 1999, 00:00 WIB
Australians cancel Bali bookings
Australians cancel Bali bookings DENPASAR (JP): Hotels in the country's main tourist destination, Bali, reported on Thursday some cancellations by Bali-bound Australians, amid growing anti-Australian sentiment in most parts of Indonesia. Although several star-rated hotels on the island made the claims, they described the cancellations as normal and "insignificant".
Fri, 17 Sep 1999, 00:00 WIB
Maluku legislators sworn in
Maluku legislators sworn in AMBON, Maluku: Amid security worries, the 45 members of the provincial legislative body were sworn in on Thursday in a ceremony at the gubernatorial office, instead of the legislature building. Shortly before the inauguration ceremony, security personnel dispersed a group of supporters of the Indonesian Democratic Party (PDI) who planned to hold a rally against the party's representative in the legislative council.
Fri, 17 Sep 1999, 00:00 WIB
RI investment still uncertain
RI investment still uncertain SINGAPORE (AP): Investors should wait until after Indonesia's presidential election to put any money into the troubled country, an economist said Thursday. Arjuna Mahendran, senior economist at Socgen-Crosby Securities, told a gathering of executives that the outcome of the November election will determine whether Indonesia is headed for stability or more turmoil.
Fri, 17 Sep 1999, 00:00 WIB
SPIJ protests Unocal move
SPIJ protests Unocal move JAKARTA (JP): Local pipemaker PT Seamless Pipe Indonesia Jaya (SPIJ), a subsidiary of the Bakrie Group, protested on Thursday the move of American oil and gas company Unocal Indonesia to unilaterally terminate a sales and purchase contract. SPIJ president Nugroho I. Purbowinoto said in statement that it would suffer a loss of US$12 million due to termination of the contract.
Fri, 17 Sep 1999, 00:00 WIB
34 schools closed down
34 schools closed down PURBALINGGA, Central Java: Thirty-four elementary schools in this regency will be closed down because of a shortfall of students, an official said on Thursday. "For the sake of efficiency and effectiveness, we plan to merge all schools which are short of students. The merge has to be completed by May next year," said head of the local education and culture office Sudiono. Schools facing closure are those with less than 50 pupils.
Fri, 17 Sep 1999, 00:00 WIB
Winters rejects media reports he sexually assaulted assailant
Winters rejects media reports he sexually assaulted assailant YOGYAKARTA (JP): American scholar Jeffrey Winters has denied media reports that he sexually harassed a young man who assaulted him here early Monday. "I did nothing except have a conversation with one of the attackers (before the attack)," Winters said in a four-page statement dated Sept. 15, a copy of which was made available to The Jakarta Post. Winters faxed the statement from the United States.
Fri, 17 Sep 1999, 00:00 WIB
East Timor mayhem a lesson for TNI
East Timor mayhem a lesson for TNI A multinational force is slated to arrive in East Timor at the end of this week or early next week. Ikrar Nusa Bhakti, a senior researcher at the Indonesian Institute of Sciences, talks about the various aspects of having the force in East Timor in a recent interview with The Jakarta Post. Question: How do you see our international standing after we extended an invitation to United Nations peacekeepers to deploy in East Timor?
Fri, 17 Sep 1999, 00:00 WIB
Apartment market expected to fully recover in 2001
Apartment market expected to fully recover in 2001 JAKARTA (JP): The demand for apartment rentals in the capital may return to a pre-crisis level in 2001 if the country's social, political and economic situation stabilizes, a leading property consultant at PT Procon Indah/Jones Lang LaSalle said on Thursday.
Fri, 17 Sep 1999, 00:00 WIB
Spare us more indignity
Spare us more indignity Thanks to the leadership of President B.J. Habibie and Indonesian Military Commander (TNI) Gen. Wiranto, we Indonesians as a nation have suffered one international indignity after another these past two weeks. The decision to accept on Sunday a United Nations peacekeeping force into East Timor -- diplomatically worded as an invitation -- came in the face of strong international pressure.
Fri, 17 Sep 1999, 00:00 WIB
Garuda's operating income up
Garuda's operating income up JAKARTA (JP): National flagship carrier Garuda Indonesia booked an operating income of Rp 486.5 billion (US$59 million) during the first half of the year, compared to a Rp 1.1 trillion operating loss in the corresponding period last year.
Fri, 17 Sep 1999, 00:00 WIB
Bogor locals upset over rallies
Bogor locals upset over rallies BOGOR (JP): Residents have criticized the police's decision to allow street protesters to block most of the town's thoroughfares while staging rallies, which often leaves many people caught in traffic jams. "Such a rally only disturbs my trip," commented Parman on Thursday, a driver of a minivan serving the Merdeka-Warung Jambu route, while watching his grumbling passengers alight from his vehicle. He and his vehicle were trapped in heavy traffic on Jl.
Fri, 17 Sep 1999, 00:00 WIB
Aussie companies evacuate families of expat staff
Aussie companies evacuate families of expat staff JAKARTA (JP): Several Australian companies operating in Indonesia are taking precautionary measures due to deteriorating relations between the two countries over the crisis in East Timor. Coal mining company PT Kaltim Prima Coal (KPC) in Sangatta, East Kalimantan, has sent 100 dependents of Australian staff and contractors to either Singapore or their homeland, KPC public relations officer Ali Nurdin told The Jakarta Post on Thursday.
Fri, 17 Sep 1999, 00:00 WIB
For Indonesia, It's supranationals to the rescue
For Indonesia, It's supranationals to the rescue By David DeRosa NEW CANAAN, Connecticut (Bloomberg): Notice the fancy footwork on Indonesia. Not one but two supranational agencies -- the United Nations and the International Monetary Fund (IMF) -- are trying to put Indonesia back together. The drill is this. The United Nations will sponsor the troops, keep the peace, and set up a war crimes tribunal. The IMF will pay the bills.
Fri, 17 Sep 1999, 00:00 WIB
Nickel surges on labor dispute but gold eases
Nickel surges on labor dispute but gold eases LONDON (Reuters): Nickel prices rose steeply in early European trading on Thursday as a labor dispute shut down operations at Canadian miner Inco Ltd.'s Thompson, Manitoba, division. Three months London Metal Exchange (LME) nickel was trading at US$7,150 at 0731 GMT, up $185 from the Wednesday kerb close of $6,965 a ton.
Fri, 17 Sep 1999, 00:00 WIB
PT Astra Otoparts to restructure debts
PT Astra Otoparts to restructure debts JAKARTA (JP): Automotive components manufacturer PT Astra Otoparts said on Thursday that it was negotiating a US$65 million debt rescheduling program with its creditors. Finance director Benny Redjo Setyono said the company proposed the restructuring of its matured debt to another five years. "Some portion of the debts will be repaid next year," he said, adding that the company now held about $27 million in idle cash.
Fri, 17 Sep 1999, 00:00 WIB
Brazilian dance carnival tours here
Brazilian dance carnival tours here JAKARTA (JP): Bengkel Nightpark in Central Jakarta will host a carnival of Latin rhythms, dance-fighting and amazing gymnastics by the colorfully clad Brazilian group Joao Barro on Friday night. The music and dance company is the star attraction at the first of four Longbeach Hot Salsa Parties being held across Java throughout September.
Fri, 17 Sep 1999, 00:00 WIB
Ice-cream eating contest?
Ice-cream eating contest? Driving past Bank Universal in Bintaro Jaya 9, I was shocked and saddened to see a banner advertising an ice-cream eating contest sponsored by Bank Universal and a well-known ice-cream company. Where are the sensitivities of Bank Universal? Do they really think it is appropriate to sponsor a competition of this sort? Maybe Bank Universal could follow Citibank's lead and sponsor more appropriate programs.
Fri, 17 Sep 1999, 00:00 WIB
Conversion Rates
Conversion Rates Bank Indonesia's conversion rates on September 16, 1999: Buying Selling Rp Rp U.S.
Fri, 17 Sep 1999, 00:00 WIB
Habibie asks public to put bank scandal in 'proportion'
Habibie asks public to put bank scandal in 'proportion' JAKARTA (JP): Embattled President B.J. Habibie implored the public on Thursday to put the Bank Bali scandal in "proportion". "I appeal to all parties to put the problem in proportion. Don't let our attention to this case become disproportionate (through) too much politics," he said in a speech at the opening ceremony of the Cooperatives Council congress.
Fri, 17 Sep 1999, 00:00 WIB
SingPower, Pertamina's deal
SingPower, Pertamina's deal SINGAPORE (Dow Jones): Singapore Power has finalized a letter of agreement to buy Sumatra natural gas from Indonesia's state- run Pertamina and intends to sign a deal next week, Singapore Power officials said Thursday. Indonesian officials told the media last week that the highly contentious natural gas deal would be signed by the end of the month.
Fri, 17 Sep 1999, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 16, 1999: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 400 0 0 AHAP Insurance 525 0 0 Alakasa Industrindo 275 0 0 Alter Abadi 275 0 20,000 Alumindo Light Metal 1,150 25 3,000 Aneka Kimia Raya 400 0 1,000 Aneka Tambang (Persero) 1,450 0 984,500 Anwar Sierad 200 0 76,000 APAC Centertex Corp.
Fri, 17 Sep 1999, 00:00 WIB
Government raises $1.04b from privatization
Government raises $1.04b from privatization JAKARTA (JP): The government has raised US$1.04 billion from its privatization program in the first five months of the 1999/2000 fiscal year which ends in March. An assistant to the state minister of the empowerment of state enterprises, Sofyan Djalil, said he was optimistic this fiscal year's target of $1.6 billion from the program would be realized.
Fri, 17 Sep 1999, 00:00 WIB
PAN and PKB reject state security bill
PAN and PKB reject state security bill JAKARTA (JP): Opposition to the state security bill continued on Thursday, with the National Mandate Party (PAN) and National Awakening Party (PKB) demanding the House of Representatives drop the government-sponsored draft law. PKB secretary-general Muhaimin Iskandar said his party would reject the bill because the current House did not have the legitimacy to deliberate its terms.