Indonesian Political, Business & Finance News

Archive: 29 September 1999

59 articles found

Ginandjar asserts innocence in Balongan scandal

Ginandjar asserts innocence in Balongan scandal JAKARTA (JP): A lawyer claimed on Tuesday that outgoing Coordinating Minister of Economy, Finance and Industry Ginandjar Kartasasmita was not involved in the alleged corruption at the Balongan refinery in West Java.

Pelti hopes Febi, Hendri able to keep up Asiad gold rush

Pelti hopes Febi, Hendri able to keep up Asiad gold rush JAKARTA (JP): The Indonesian Tennis Association (Pelti) hopes two national players -- Febi Widhiyanto and Hendri Susilo Pramono -- will be able to carry on the tradition of winning gold medals in the 2002 Asian Games in Pusan, South Korea.

Lab identifies dolphin bones

Lab identifies dolphin bones YOGYAKARTA: Biologists at Gadjah Mada University here confirmed that a set of bones recently uncovered by Surakarta Police in Central Java belonged to a bottle-nosed dolphin.

Indonesian workers abroad

Indonesian workers abroadFrom Media IndonesiaI am one among thousands of Indonesian workers in Saudi Arabia. I would like to take this opportunity to offer my contribution to the related parties in order to help them observe, study, evaluate and find solutions to -- according to their consciences...

Brazilian man arrested for rape

Brazilian man arrested for rape DENPASAR, Bali (JP): Local police arrested a 22-year-old Brazilian man, identified only as CB, for rape.Police spokesman Maj. Y. Suyatmo said here on Tuesday the victim was a 22-year-old Norwegian woman identified as J. Ch.

Rights body will cooperate with UN's Timor inquiry

Rights body will cooperate with UN's Timor inquiry JAKARTA (JP): The National Commission on Human Rights (Komnas HAM) said on Tuesday it was ready to cooperate with the United Nations in its inquiry into alleged human rights abuses in East Timor.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Sept. 28, 1999: Buying Selling Rp Rp U.S. dollar 1 8,517.00 9,005.00Australian dollar 1 5,542.86 5,603.13Austrian schilling 1 647.30 654.46Belgian franc 1 220.80 222.24Brunei dollar 1 4,990.33 5,043.68Canadian dollar 1 5,798.22 5,858.

Still along way to go to civil society: Lecturer

Still along way to go to civil society: Lecturer JAKARTA (JP): Economic crisis has prompted the establishment of professional organizations but whether or not they will help spurred civil society is questionable, says a university lecturer.

Japan R&I cuts RI rating

Japan R&I cuts RI rating TOKYO (Dow Jones): Japan Rating and Investment Information Inc. (R&I) said Tuesday it has downgraded Indonesia's foreign currency long-term debt rating to B-from B, while affirming the country's foreign currency short-term rating at B.

City's tourism academy to send students abroad for training

City's tourism academy to send students abroad for training JAKARTA (JP): The city-owned Jakarta Tourism Academy (APJ) is to dispatch nine of its top students to Singapore for a six-month job training placement at a five-star hotel on Thursday, director A.Z. Harahap said.

CMNP signs agreement to end loan controversy

CMNP signs agreement to end loan controversy JAKARTA (JP): Publicly listed toll road operator PT Citra Marga Nusaphala Persada (CMNP) has formally transferred a personal loan worth US$70 million, secured from the sultan of Brunei, to a company owned by the eldest daughter of former president...

Bar owner shot to death

Bar owner shot to death MERAUKE, Irian Jaya (JP): A bar owner here was shot to death on Monday by a drunk soldier, a military officer said on Tuesday.The commander of the local military district, Lt. Col. Udin Supidin, said Corp.

Parties agree on MPR session

Parties agree on MPR session JAKARTA (JP): In an unprecedented move, Indonesian Military (TNI) chief Gen. Wiranto brought together on Tuesday leaders of six major political parties to hammer out a commitment to ensure the General Session of the People's Consultative Assembly (MPR) runs smoothly.

Military tribunals keep to a pattern

Military tribunals keep to a patternFrom KompasAs predicted, the military police of the Indonesian Military (TNI), offering various pretexts, has not named Attorney General Lt. Gen. Andi M. Ghalib a suspect in a corruption case, despite the evidence reported to it by Indonesian Corruption Watch...

Forex reserves up to US$15.8 billion

Forex reserves up to US$15.8 billion JAKARTA (JP): Indonesia's net foreign exchange reserves increased by US$207.4 million to $15.79 billion as of Sept. 23, from $15.58 billion the previous week, according to Bank Indonesia's weekly report.

Thailand signs $1.45b loan

Thailand signs $1.45b loan TOKYO (Reuters): Japan has agreed to lend 151.79 billion yen (US$1.45 billion) to Thailand to help improve the country's exports and infrastructure, the Foreign Ministry in Tokyo said on Tuesday.

Goodbye to East Timor

Goodbye to East Timor Although a semblance of calm prevailed in East Timor's capital of Dili on Monday shortly after the handover of security responsibilities from the Indonesian Military (TNI) and police to the commander of the multinational forces, few people, either in Indonesia or elsewhere,...

Asian monies weighed down by U.S. dollar, local issues

Asian monies weighed down by U.S. dollar, local issues SINGAPORE (Dow Jones): The U.S. dollar's resurgence against the yen during Asian trading hours Tuesday undermined recent gains made by other regional currencies.

SEAPI to start production

SEAPI to start production JAKARTA (JP): Steel pipe manufacturer PT South East Asia Pipe Industries (SEAPI), a unit of the Bakrie group, said on Tuesday it was ready to begin production at its manufacturing plant near Bakauheni, Lampung.

Bank Bali scandal serves as a lesson for the government

Bank Bali scandal serves as a lesson for the governmentBy Aleksius Jemadu BANDUNG (JP): What is the difference between Arnold A. Baramuli, the current head of the Supreme Advisory Council (DPA), and businessman Eddy Tanzil?When the latter was accused of misusing trillions of rupiah of public money,...

Exhibition to promote tourism in Jakarta

Exhibition to promote tourism in Jakarta JAKARTA (JP): The city administration will organize a three- day cultural and art exhibition beginning on Oct. 8 to mark the resurgent tourist industry in Jakarta.

KONI proposes Rp 124b for three sports events

KONI proposes Rp 124b for three sports events JAKARTA (JP): The National Sports Council (KONI) has requested a Rp 124 billion (US$14.6 million) budget for athlete preparation for three major sporting events -- the 2000 Olympic Games in Sydney, the 2001 Southeast Asian (SEA) Games in Kuala Lumpur...

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News: Two Hours Only 8:00 Children's Song 9:00 Music 10:00 Interval 2:00 p.m. News 2:30 Children's Program 3:00 Music 4:00 News 4:30 Indonesian Lessons 5:00 Student's Quiz 5:30 TV Drama 6:00 Sports 7:00 Evening News 7:30 Music 9:00 World News 9:30...

Auto sports still not on right track: Seminar

Auto sports still not on right track: Seminar JAKARTA (JP): A lack of cooperation between the government, the private sector and the Indonesian Motor Association (IMI) has been pinpointed as the main factor behind the sluggish development of automobile and motorbike racing in the country.

Doing justice in East Timor

Doing justice in East Timor It would be tragic, after the consensus on sending in a multinational peace-keeping force, if the question of a tribunal was allowed to become an East-West debate. Ideologies differ, but the most basic human rights are universal: the right to life, food and shelter.

Four foreigners on death row for drug crimes

Four foreigners on death row for drug crimes JAKARTA (JP): An Indian, two Thais and a Malaysian are scheduled to be executed after being convicted of drug offenses, an official at the Directorate General of Correctional Institutions said on Tuesday.Directorate spokesman F.

One student dies, dozens injured in Lampung clash

One student dies, dozens injured in Lampung clash BANDAR LAMPUNG, Lampung (JP): One student was killed and dozens other injured here on Tuesday when security personnel clashed with demonstrators against the state security bill.

Cambodia details border violations

Cambodia details border violations PHNOM PENH (Reuters): Cambodia's cointerior ministers have for the first time documented evidence of territorial encroachments into Cambodia by neighboring Thailand and Vietnam.

RI-Canberra must cool things down

RI-Canberra must cool things down The following article is based on a paper presented by Australian Ambassador to Indonesia John McCarthy at the Indonesian Executive Circle on Sept. 23. JAKARTA: What has been the rationale for Australia's approach on East Timor? Simply this: The people in East...

Trisakti student killed in violent campus brawl

Trisakti student killed in violent campus brawl JAKARTA (JP): A 22-year-old student was butchered to death in a violent brawl between students of two rival schools of Trisakti University. The incident, which was over a long-time dispute, occurred on the campus grounds in Grogol, West Jakarta, on...

100 windsurfers to compete in Bali

100 windsurfers to compete in Bali JAKARTA (JP): About 100 professional and amateur windsurfers from overseas and Indonesia will compete in the four-day Aerowisata Windsurfing Challenge 2000 at Sanur beach, Bali, beginning on Jan. 26.

Economists say Indonesia needs credible government

Economists say Indonesia needs credible government JAKARTA (JP): The country's most pressing agenda in extricating itself from the devastating economic crisis is to put a new and credible government in place, participants in a seminar concluded on Tuesday.

East Timor refugees face health risks as rain nears

East Timor refugees face health risks as rain nears KUPANG, East Nusa Tenggara (JP): With the rainy season approaching, over 230,000 people seeking refuge in the province require immediate medical assistance, a group of volunteers said on Tuesday.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 28, 1999: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 375 0 0 AHAP Insurance 525 0 0 Alakasa Industrindo 250 0 0 Alter Abadi 250 25 102,500 Alumindo Light...

Megawati will never be queen

Megawati will never be queen I read with interest Mr. Huub Neys' letter regarding his support for Megawati Soekarnoputri's bid to be the next president of Indonesia (The Jakarta Post, Sept. 28, 1999). Certainly, what he has written is right.

No merger for Telkom and Indosat: Minister

No merger for Telkom and Indosat: Minister JAKARTA (JP): Minister of Communications Giri Suseno dismissed on Tuesday the possibility of merging state telecommunications operators PT Telkom and PT Indosat into a single business entity.

Japan grapples with RI aid

Japan grapples with RI aid TOKYO (AFP): Japan is discussing how to carry out its promise of a 600-million-dollar social "safety net" loan to crisis-struck Indonesia, a government official said here Tuesday.

Indonesia to cooperate with UN inquiry on East Timor

Indonesia to cooperate with UN inquiry on East Timor JAKARTA (JP): The Indonesian government said on Tuesday it would cooperate with a planned United Nations inquiry into reported atrocities in East Timor but warned that it would not necessarily be bound by its findings.

Pet drugs 'misused' to boost men's virility, heal impotence

Pet drugs 'misused' to boost men's virility, heal impotenceBy Mangku Sitepoe JAKARTA (JP): The media have reported that some people in Indonesia have "misused" drugs for animals to cure impotency. The generic name of the veterinary drug is clomipramine, which is commonly used as an antidepressant...

Art festival mixes traditional and modern culture

Art festival mixes traditional and modern cultureBy Putu Wirata TIRTAGANGGA, Bali (JP): The Milleniart Festival held in Bali from Sept. 9 to Sept. 14, 1999, aimed to celebrate and respect cultural diversity.

Governor concerned by HIV in province

Governor concerned by HIV in province JAYAPURA, Irian Jaya: Governor Freddy Numberi expressed his concern on Tuesday with the growing number of people infected with Human Immunodeficiency Virus (HIV)/Acquired Immune Deficiency Syndrome (AIDS) in the province.

Rahardi to meet Aussie minister in Singapore

Rahardi to meet Aussie minister in Singapore JAKARTA (JP): Minister of Industry and Trade Rahardi Ramelan said on Tuesday he would meet Australian Minister of International Trade Mark Vaile in Singapore this week on the sidelines of an Asean Free Trade Area (AFTA) meeting.

Indonesia still sees hope for INRO

Indonesia still sees hope for INRO KUALA LUMPUR (Reuters): Indonesia has not given up hope for the survival of the International Natural Rubber Organization (INRO) and will continue to urge Thailand and Malaysia to reconsider their decision to quit the group."There's still hope.

Hendra Rahardja 'can be extradited'

Hendra Rahardja 'can be extradited' JAKARTA (JP): National Police spokesman Brig. Gen. Togar M. Sianipar said on Monday that a Sydney court had ruled that fugitive banker Hendra Rahardja could be extradited to Indonesia.

269 foreigners denied entrance

269 foreigners denied entrance JAKARTA: A total of 269 foreigners were not allowed into the country between January and August due to various immigration violations, an official said on Tuesday.The supervision director at the Directorate General of Immigration, Zaiman Nurmatias, also said another...

Racial discrimination

Racial discrimination Going out on Sept. 17, 1999 night with three Indonesian friends (my girlfriend and a couple of our Jakartan friends) we were refused entry at the Sari Club on Jl. Legian, Kuta.I noticed that people were still pouring in and asked why. They replied that they were "members".

Akbar sends mixed signals on Habibie-Wiranto ticket

Akbar sends mixed signals on Habibie-Wiranto ticket JAKARTA (JP): Golkar Party chairman Akbar Tandjung renewed on Tuesday the party's support of B.J. Habibie and Gen. Wiranto, but said their nominations for the presidency and vice presidency could be reviewed if necessary in a meeting next month.

Tourism village inaugurated

Tourism village inaugurated YOGYAKARTA: In commemoration of World Tourism Day on Monday, Minister of Tourism, Arts and Culture Marzuki Usman inaugurated the Tembi tourist village here.Located some eight kilometers south of Yogyakarta, the village will be managed by PT Cipta Desa Wisata, local...

What is good governance and good government?

What is good governance and good government?By Meuthia Ganie-Rochman JAKARTA (JP): Since the World Bank adopted the concept of good governance as a new ethic of international lending, many have offered an interpretation on this concept. There is no fixed understanding about this concept.

Where to go in Bandung:

Where to go in Bandung:Exhibition * Photo Exhibition: Karnaval by Oscar Motuloh, at Galeripadi Jl. Ir. H. Juanda 329 (Phone: 022 2500578), 10 a.m. to 4 p.m., until Oct. 3.Talk * Discussion with Rizki A. Zaelani on the works of Oscar Motuloh, at Galeripadi, 2 p.m. to 5 p.m., Oct. 2.

Shooting victim asks for help

Shooting victim asks for help JAKARTA (JP): A victim of last Friday's violence, Jumadi, 14, who is still undergoing treatment at the Cipto Mangunkusumo General Hospital, needs financial help to cover his hospital fees, a social activist said on Tuesday.Jumadi, a street singer, was shot on Jl.

U.S. assists gas study

U.S. assists gas study JAKARTA (JP): The United States Trade and Development Agency will provide US$302,400 for a natural gas development study in Indonesia aimed at helping the government establish a policy for the sector and create an infrastructure framework.

ASEAN's free trade plan suffers setback

ASEAN's free trade plan suffers setback SINGAPORE (AFP): An ambitious plan to turn Southeast Asia into a free trade and investment area received a setback Tuesday when Malaysia said it cannot meet a 2000 deadline to slash tariffs on motor vehicle parts.

Dermaji residents on subsistence diet

Dermaji residents on subsistence diet BANYUMAS, Central Java (JP): At least 300 people in Dermaji subdistrict in Banyumas regency are existing on a diet of gaber (cassava shavings) because they are no longer able to purchase rice or other staple foods.

Maluku communal clashes claim at least 217 lives

Maluku communal clashes claim at least 217 lives AMBON, Maluku (JP): A total of 217 fatalities were recorded in communal clashes across the province between July and September, police said on Tuesday.Maluku Police chief Col.

Malaysian media slam Aussie PM

Malaysian media slam Aussie PM KUALA LUMPUR (AFP): Malaysia's opposition leader and a leading progovernment newspaper united on Tuesday in pouring scorn on Australian Prime Minister John Howard following his apparent about-turn on Canberra's regional policeman role.

Asia oil weaker pending U.S. data

Asia oil weaker pending U.S. data SINGAPORE (Reuters): Crude prices in Asia fell on Tuesday amid profit taking as the market waited for latest indications on U.S. oil inventories for direction.November U.S. crude futures in after-hours ACCESS trade were $24.

'SCMP' tells lies

'SCMP' tells lies The provocative story in the South China Morning Post (SCMP) published in your paper titled Battling brutality in East Timor (Sept. 25, 1999) was full of lies. It showed the immoral attitude of the paper in attempting to disgrace the Indonesian government and its people.

Bantar Gebang garbage dump has no permit: Official

Bantar Gebang garbage dump has no permit: Official JAKARTA (JP): City administration has not yet acquired an operational permit for the Bantar Gebang subdistrict in Bekasi to operate as a garbage dump since it began in 1986, an official said on Tuesday.