Indonesian Political, Business & Finance News

Archive: 6 September 1999

47 articles found

NU distrusts support for Gus Dur nomination

NU distrusts support for Gus Dur nomination YOGYAKARTA (JP): A top Nahdlatul Ulema (NU) official has expressed skepticism at the sincerity of the "axis force," led by Amien Rais, to nominate NU chief Abdurrahman Wahid as presidential candidate. NU deputy secretary-general Arifin Junaidi said here on Saturday that the very existence of the axis force was generally still viewed with wariness by the 30-million strong socioreligious organization.

Toll road fee hike will burden public

Toll road fee hike will burden public From Media Indonesia As reported in the media, the government intends to raise the toll road fees, especially for particular sections, such as Jagorawi (which should actually be exempted from the toll) and Cikampek. The plan has come as a great surprise and sparked debate in the community. The Indonesian Consumer Foundation (YLKI) would like to comment as follows: 1. The plan does not show that the government has a sense of crisis.

Import of cheap rice halted to assist farmers

Import of cheap rice halted to assist farmers JAKARTA (JP): The government has barred private importers from bringing in medium and low-grade rice, in a move to shore up market prices and protect local farmers. A Sept. 2 decree by Minister of Industry and Trade Rahardi Ramelan grants the State Logistics Agency (Bulog) the exclusive right to import rice that is more than 5 percent broken.

16.5 tons of bad rice replaced

16.5 tons of bad rice replaced PADANG, West Sumatra: The head of the West Sumatra chapter of the National Logistics Agency (Dolog), Muslim Kasim, said on Saturday that his office would replace the 16.5 metric tons of rice aid found rotting in several district offices here. The low-quality rice was provided by the Ministry of Food and Horticulture. According to Pauh village chief Suardi M.T., residents badly needed the rice because of food shortages.

Habibie under fire over East Timor's independence vote

Habibie under fire over East Timor's independence vote SEMARANG (JP): President B.J. Habibie was already feeling the effects of the political fallout of the East Timor ballot as observers across the country demanded he be held accountable for the likely separation of Indonesia's 27th province. "I'm not saying that Habibie should resign from his post as a consequence of the proindependence victory in East Timor," National Commission on Human Rights member Bambang W. Suharto said here on Saturday.

Aerowisata to meet laid-off workers of subsidiaries

Aerowisata to meet laid-off workers of subsidiaries JAKARTA (JP): Former workers of two subsidiaries of PT Aerowisata will mediate with company officials on Monday over mass layoffs, a manpower ministry official said. "This will be a tripartite meeting between the workers and the company, under the supervision of the Ministry of Manpower," Agus Suharmanu of the Directorate General of Industrial Relations and Control of the ministry said on Friday.

Foreign investors look to boom in postelection India

Foreign investors look to boom in postelection India NEW DELHI (Reuters): Foreign institutional investors say they expect India's fledgling economic recovery to turn into a full- blown boom in the coming months with elections starting on Sunday widely expected to bring a majority government to power. "All indications are that India will have a stable government and the agenda of economic reform will pick up," said P.K.

Study finds unusual symptoms of pig-linked Nipah outbreak

Study finds unusual symptoms of pig-linked Nipah outbreak SINGAPORE (AP): Victims of a deadly pig-linked virus that hit Malaysia and Singapore have displayed unusual symptoms such as having hallucinations of hogs running around their bed, Singapore's National Neuroscience Institute said Friday. The Nipah virus, believed to be a form of encephalitis, has been blamed for at least 100 deaths in Malaysia and one in Singapore.

Aceh's contribution

Aceh's contribution From Sinar Pagi What should we do in the context of the sufferings of the Acehnese nowadays? Should we close our eyes to the incidents of killings of the Acehnese and refugees? Or is there no solution in sight for our countrymen in that part of Indonesia? Or are they to be a mere political commodity, with a promise that "I will do something if I hold power in the future".

SE Asia to give limited backing to APEC trade plans

SE Asia to give limited backing to APEC trade plans SINGAPORE (AFP): Southeast Asia is expected to give only limited support to trade and market liberalization proposals at an upcoming APEC summit as the region recovers from an economic slowdown. Malaysia and Indonesia have said they are against plans for early discussions on a new round of talks to free global trade, a key topic at the meeting of the Asia-Pacific Economic Cooperation (APEC) forum in Auckland.

Shower evokes drug confession

Shower evokes drug confession JAKARTA (JP): Three men were forcibly stripped and told to bathe in a freshwater catfish pond on Saturday morning after they were apprehended by Kampung Bali subdistrict head Siswanto for allegedly possessing a plastic packet of heroin and syringes. The suspects, identified as Ruli, 25, Muriat, 23, and Hendri, 24, were taken by village development noncommissioned officers (Babinsa) to the Kampung Bali subdistrict office on Jl.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Sketch Exhibition: Paradigma Seni Rupa Indonesia, by Srihadi Soedarsono, at Galeri Lontar, Komunitas Utan Kayu, Jl. Utan Kayu 68 H, East Jakarta (Phone: 8573388), 10 a.m. to 5 p.m., until Sept. 27. * Photo Exhibition by Sigrun Janiel and Rama Surya, at Galeri Milenium, Blok B-23, Jl. R.S. Fatmawati No. 15, South Jakarta (Phone: 7507828), 10 a.m. to 8 p.m., until Sept. 8.

Investors queasy over East Timor

Investors queasy over East Timor LONDON (Reuters): International investors are rarely queasy when it comes to such niceties as human rights but the violence surrounding East Timor's independence vote last week has left some distinctly cool towards Indonesia. After booking huge first half profits, many fund managers said on Friday they were now happy to wait out growing uncertainty surrounding not only the vote but also a high level banking scandal and November's presidential elections.

East Timor separation good for Indonesia

East Timor separation good for Indonesia JAKARTA (JP): The separation of East Timor from Indonesia will make a positive rather than negative impact to the country's economy, economists said on Saturday. Didin Damanhudi, an economist from the Bogor Agricultural University, said that the separation would mean a significant cut in the government's budgetary spending to the province.

Build a private network on infrastructure

Build a private network on infrastructure By Zatni Arbi JAKARTA (JP): In the not-so-distant past, if you were an IT manager of a growing company, connecting branch offices and plants in different cities and towns in Indonesia would mean building your own Wide Area Network (WAN), based, perhaps, on Very Small Aperture Terminal satellite links. This would be particularly the case if dial-up connection was no longer adequate to support increasing business demands.

Oil warms to prolonged cutback pledge

Oil warms to prolonged cutback pledge LONDON (AFP): Crude prices jumped back above US$21 a barrel to the highest level since October 1997 after Saudi Arabia, Mexico and Venezuela pledged to maintain production cutbacks until March 2000. Brent North Sea crude on the International Petroleum Exchange (IPE) rose to $21.04 a barrel for October delivery. And in New York, light sweet crude prices bounced back to $21.49.

Bosowa opens rice field

Bosowa opens rice field JAKARTA (JP): PT Bosowa's 1,000 hectares of rice fields in the Wawaotobi district of Southeast Sulawesi will yield their first harvest early next year, a company executive said over the weekend. Nurham said the area, which will be developed in cooperation with local farmers under a profit sharing scheme, would be planted with a higher yielding variety of the crop.

Vehicle theft ring uncovered in Bali

Vehicle theft ring uncovered in Bali DENPASAR, Bali: Bali Police have apprehended 25 men allegedly involved in a vehicle theft ring, confiscating 73 motorbikes and a car as evidence, police said here on Saturday. Bali Police, working with their counterparts from East Java, arrested the men in a routine operation which started on Aug. 16. "We are still searching for 26 others allegedly involved in the case," chief of the Bali Police detectives unit Col. Bambang Hendarso said.

Birth of a nation

Birth of a nation A new nation is about to be born. Almost 24 years after Jakarta invaded East Timor to make it Indonesia's 27th province, the people of this former Portuguese colony last week overwhelmingly voted to end their ties with their big neighbor and enter the future as an independent nation. The official announcement, made simultaneously on Saturday in New York, Lisbon and Jakarta, said the decision was taken by a vote of 78.5 percent against 21.5 percent in favor of independence.

Remains of aborted fetuses to be checked

Remains of aborted fetuses to be checked JAKARTA (JP): Lebak Police subprecinct in West Java plan to send the remains of 54 aborted fetuses found buried at a residential property in the area to National Police Headquarters in Jakarta for a forensic examination on Monday, an officer said on Saturday. Lebak Police chief Lt. Col.

Settlement of Soeharto's case

Settlement of Soeharto's case From Suara Karya Polemics about the case of former president Soeharto have led the national elite to come up with an idea to find a political settlement of the case. These political elite may have forgotten the consequence of the political settlement of the case involving Sukarno, Indonesia's first president and the person who proclaimed Indonesia's independence.

25 dead in latest Dili violence

25 dead in latest Dili violence DILI, East Timor (JP): Twenty-five people were killed and dozens were injured on Sunday when a building on the grounds of the Dili diocese was set on fire. The diocese was sheltering 5,000 people during the attack by armed men identified as prointegration militia. The Dili General Hospital told Antara that the victims died of gunshot and knife wounds. A source told The Jakarta Post that 14 bodies from the diocese were brought to the army's Wira Husada hospital.

Man shot for daring to argue with officer

Man shot for daring to argue with officer JAKARTA (JP): Three conflicting versions have been given in Saturday's shooting of an unofficial parking attendant by a public security and order (Kamtibmas) officer. Herman Panjaitan, 22, remains under observation at Persahabatan Hospital in East Jakarta. Herman, who usually operates in the Plumpung area of East Jakarta, said he was shocked when a man he knew as Sgt. Maj. Suhardi shot him in the ankle. "I was surprised.

Suryana boosts hopes of representing Australia

Suryana boosts hopes of representing Australia SYDNEY (AFP): Indonesian-born Rio Suryana boosted his claim to represent Australia at next year's Sydney Olympics by winning the Australian Badminton International men's singles title here Sunday. The 22-year-old student retained the title, which doubled as an Olympic test event, with a convincing 15-6, 15-6 victory over sixth-seeded Indian Abhinn Shyam Gupta.

Three arrested with detonators

Three arrested with detonators PONTIANAK, West Kalimantan: A special team from the West Kalimantan Police arrested three men for possession of 400 detonators and 626 kilograms of ammonium nitrate in Pondok Harapan Kita housing complex in Pontianak over the weekend. The men, identified as Abu Hari, 37, M. Zein, 47, and H.

AIDS suspected in Thai's death

AIDS suspected in Thai's death FAKFAK, Irian Jaya: A Thai national believed to have died from complications of AIDS was cremated on Saturday in Coa village, Fakfak regency, Irian Jaya. Antara reported that the deceased worked for a fishing company in Kaimana as chief officer of the Adi Jaya 101. Damian Thie, a health official for Fakfak regency, said the man's identity was being kept confidential in line with medical ethics.

Mushroom business ready to take off amid limited demand

Mushroom business ready to take off amid limited demand By Joko Sarwono BOGOR (JP): Lost your job? How about trying your hand in a business that few people have yet ventured into -- but has good prospects? How about running a mushroom business before the business catches? Bahrul Saefi, who lost his job as at the Pandeglang regency office at the onset of the economic crisis in mid-1997, is now undergoing training in managing a mushroom business.

Life insurance industry manages well amid crisis

Life insurance industry manages well amid crisis By Tertiani ZB Simanjuntak JAKARTA (JP): Unlike the country's ailing banking sector, the life insurance industry has fared well in coping with the country's economic crisis. According to the Indonesian Insurance Council, growth of premium income of the life insurance industry surged by 32.77 percent to Rp 4.86 trillion (about US$648 million) last year despite the crisis.

Fire engulfs fuel depot, houses

Fire engulfs fuel depot, houses BOGOR (JP): Fire engulfed a large fuel oil depot, five houses and two cars in Gunung Putri, Bogor, on Saturday, with total losses estimated at about Rp 50 million (approximately US$6,600), residents of Gunung Putri said on Sunday. The blaze, lasting nearly four hours, started when a fuel tanker parked inside the depot's compound caught fire. The fire spread to the hundreds of fuel oil barrels located in the compound.

Accor upbeat on RI hotel industry

Accor upbeat on RI hotel industry By Sylvia Gratia M. Nirang JAKARTA (JP): International hotel chain Accor Asia-Pacific expects a quick turnaround in the country's ailing hotel industry despite uncertainties in the political field and reports of continuing social upheaval in some parts of the country.

Swimming with the fish at Barito Market

Swimming with the fish at Barito Market By Mehru Jaffer JAKARTA (JP): There may be others, but it is the market around Jl. Barito in South Jakarta that seems to be the fishiest place in town. Yet the market is also one of the most frequented places, especially for all those who love birds, flowers, fruits and fish. With more than 50 colorful kiosks and nearly 200 people attending to hundreds of species of fish both big and small, the Barito Market is marked by hustle and bustle all day long.

Clinton 'very concerned' over Timor unrest

Clinton 'very concerned' over Timor unrest WASHINGTON (Agencies): United States President Bill Clinton said on Saturday he was "very concerned" over violence in East Timor even as he praised the result of the ballot. "I am very concerned about the continuing violence, and the people who lost the election should recognize that they lost it fair and square," Clinton said in a televised address from the Camp David presidential retreat in Maryland.

S'pore to resume land sales

S'pore to resume land sales SINGAPORE (AFP): The Singapore government announced Saturday that it would resume land sales for property development amid signs of a recovery in the economy and the property market. Government land sales were suspended as the property market slumped a few months after the regional economic crisis struck in mid-1997.

Transparency of democracy tarnished

Transparency of democracy tarnished On Aug. 31, 1999, on the 19th floor of the Hotel Borobudur, I observed the future of a united Indonesia as it was put in the hands of outsiders, representatives of the International Organization of Migration (IOM), appointed by the United Nations Mission in East Timor (UNAMET), to ensure that the votes on the issue of independence for the people of East Timor were accurately represented. Dr. Kottek, president, and Ms.

S'pore's new agenda to focus on people

S'pore's new agenda to focus on people SINGAPORE (AP): The government is at a "major changeover point" and wants to focus its new 21st-century agenda on people, Singapore's Deputy Prime Minister Lee Hsien Loong said on Sunday. The city-state's parliament will go into recess this week and re-open in October, giving lawmakers and the government a chance to take stock and plan a new program, Lee said.

Myanmar urges end to 9-9-99 drive

Myanmar urges end to 9-9-99 drive YANGON (Agencies): Myanmar's ruling military appealed to prodemocracy opposition forces on Sunday to put aside plans for a popular uprising this week and contribute "meaningfully" to the development of the nation. The junta accused the opposition National League for Democracy (NLD) led by Nobel peace laureate Aung San Suu Kyi of working with dissidents to provoke unrest on Sept. 9.

Analyst tells government to end interbank loans guarantee

Analyst tells government to end interbank loans guarantee JAKARTA (JP): The government has been urged to drop its interbank loans guarantee program to minimize budgetary spending for covering bank defaults, a leading analyst said. Banking analyst Towil Heryoto said on the weekend that interbank loans transactions carried a high risk which could cost the government dearly.

Astria Raya files suit

Astria Raya files suit JAKARTA (JP): Executors of liquidated Astria Raya Bank have filed a bankruptcy claim against finance company PT Asia Kapitalindo Finance for allegedly failing to pay Rp 11 billion (US$1.4 million) in promissory notes. Astria Raya's lawyer Handra Deddy Hasan from Handra, Darwin, Rahmad & Partners said last week that the promissory note matured in April last year.

Oil product demand in Asian key economies set to surge

Oil product demand in Asian key economies set to surge SINGAPORE (AFT): Demand for key oil products in Asia's four biggest consuming countries -- China, India, Japan and South Korea -- is projected to rise sharply this year as their economies rebound, according to a petroleum industry journal.

Hazing steps up tension in UKI

Hazing steps up tension in UKI JAKARTA (JP): Dozens of members of the university military group (Menwa) of the Indonesian Christian University (UKI) raided several buildings belonging to Forum Kota (City Forum) activists on Saturday evening. The raid followed a clash which happened during a university student initiation earlier in the afternoon. No fatalities were reported during the attack.

Army chiefs from Asia-Pacific meet in Singapore

Army chiefs from Asia-Pacific meet in Singapore SINGAPORE (AP): Army chiefs from 20 Asia-Pacific countries launched a four-day meeting in Singapore on Sunday, amid worries that Asia's economic crisis threatens to undermine the region's hard-won peace and stability. The Asia-Pacific's boom years of the early 1990s raised hopes that such stability would continue but the economic downturn has changed all that, Singapore's Defense Minister Tony Tan said.

Will Sept. 9 bring calamity or good karma?

Will Sept. 9 bring calamity or good karma? By Fabiola Desy Unidjaja JAKARTA (JP): Sept. 9, 1999, according to some psychics, is a portentous date carrying the ultimate in bad omens: the end of the world and the human race. As hundreds of fearful people in East Java have left their homes and sought shelter in huts they built on a mountain slope, some Jakartans are seemingly thumbing their nose at the warnings by choosing this Thursday for their weddings.

Pauwels leads transformer market in ASEAN and beyond

Pauwels leads transformer market in ASEAN and beyond JAKARTA (JP): Amid fierce competition in the electricity market in Southeast Asian region and beyond, PT Pauwels Trafo Asia (PTA) has proven itself the leader in power transformer production by gaining ISO 9001 certification from KEMA. Company President Albert Calluy said that his company had forced itself to penetrate markets beyond Southeast Asia due to a monetary crisis, which hit the region more than two years ago.

Taufik, Lidya take Indonesia Open

Taufik, Lidya take Indonesia Open By Primastuti Handayani DENPASAR, Bali (JP): Emerging champion Taufik Hidayat and veteran Lidya Djaelawidjaja served up the men's and women's singles titles for Indonesia at the US$150,000 Sanyo Indonesia Open on Sunday. Taufik, 18, overcame compatriot Budi Santoso in a hard-fought 17-14, 15-12 victory at Yuwana Mandala Stadium.

Rotary club helps school renovation

Rotary club helps school renovation TANGERANG (JP): About 160 public elementary school students of Muara 3 in Teluk Naga subdistrict, Tangerang, happily resumed their daily school activities after the Rotary Club supported a total renovation of Rp 84 million for the school. One of the four school buildings reportedly almost collapsed due to its poor condition. "We thank the Rotary Club for helping us rebuild the school.

Megawati opposed to Dharma Wanita

Megawati opposed to Dharma Wanita YOGYAKARTA: Chairwoman of the Indonesian Democratic Party of Struggle Megawati Soekarnoputri said the organization of civil servants wives (Dharma Wanita) must be disbanded because it institutionalized the subordination of women to men. The establishment of Dharma Wanita during the New Order era sidelined women's role in social, political, economic and cultural sectors, Megawati said during a seminar here on women's leadership on Saturday.

200 join auction on frozen banks' paintings

200 join auction on frozen banks' paintings JAKARTA (JP): About 200 people packed the auditorium of Plaza Mandiri in South Jakarta on Saturday participating in an auction of over 145 paintings and dozens of other art works seized by the government from 20 closed-down banks. The crowd included businessmen, expatriates and art gallery owners. Running from 10 a.m.