Indonesian Political, Business & Finance News

Archive: 9 February 2000

48 articles found

Sorong regent urged to resign

Sorong regent urged to resign JAYAPURA, Irian Jaya: Thousands of demonstrators demanded on Monday that Sorong regent John Piet Wanane step down for alleged corruption, collusion and nepotism. They also urged the closure of 11 government and private companies in the town, some 700 kilometers west of here. The protesters, mostly from the Malamoi tribe, broke into the company offices, asked for the keys of the buildings and ordered all employees to leave.

City official's car stolen at City Hall

City official's car stolen at City Hall JAKARTA (JP): A city official's car was stolen in broad daylight from the City Hall parking lot on Tuesday after its lock system was deactivated. The black Corolla belonging to the city secretary's assistant for development administration, Ongky Sukasah, had returned from Hotel Indonesia in Central Jakarta, driver Gatot said. "We arrived at City Hall at 1:40 p.m. from Hotel Indonesia.

House to set up fact-finding team on SEA Games consortium

House to set up fact-finding team on SEA Games consortium JAKARTA (JP): Members of the House of Representatives' Commission VI on Religion and Human Resources said it would be necessary for the House to set up a fact finding team to investigate the 1997 Southeast Asian (SEA) Games underwriting consortium debt. "If necessary, the House can set up a fact finding team to investigate the problem as we did for the Bank Bali case.

President agrees to reject budget for local elections

President agrees to reject budget for local elections JAKARTA (JP): President Abdurrahman Wahid has rejected the draft budget proposed by the General Elections Commission (KPU) to hold local elections in three new provinces, Minister of Home Affairs Surjadi Soedirdja said on Tuesday.

Craftsman arrested for alleged rape, murder

Craftsman arrested for alleged rape, murder JAKARTA (JP): South Jakarta Police detectives on Tuesday brought a 21-year-old craftsman into custody for allegedly raping and killing a housewife living next-door to his small factory in Ciputat. Chief of the precinct, Col. Nono Supriyono, said his officers are still investigating the case, since they found several inconsistencies in statements by the suspect to the investigators.

Falling rock kills couple

Falling rock kills couple SEMARANG: A married couple died on Monday afternoon after being hit by a falling rock in a sand quarry in Kendalsari village, Klaten, 100 kilometers south of here. Central Java Police spokesman Lt. Col. M. Ramlie said on Tuesday that the couple, Dadi Wiyono, 55 and Minem, 50, were busy quarrying sand when a huge stone fell from the top of a cliff above them. The couple's granddaughter, Setyaningsih, survived the incident with minor injuries.

Stock quotations on JSX

Stock quotations on JSX Stock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 8, 2000: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 875 25 56,000 Adindo Foresta Indonesia 750 -75 1,756,500 Alakasa Industrindo 475 0 0 Alfa Retailindo 950 -25 309,500 Alter Abadi 400 0 0 Alumindo Light Metal 1,100 0 36,000 Aneka Kimia Raya 450 0 0 Aneka Tambang (Persero) 1,300 -25 4,863,500 Anwar Sierad 350 0 0 APAC Centertex Corp.

Most Asian monies ignore yen's stumble

Most Asian monies ignore yen's stumble SINGAPORE (Dow Jones): Apart from the Singapore dollar and the Thai baht, Asian currency markets seemed blissfully unaware that the dollar has surged nearly two yen in the past 24 hours. The South Korean won, the Indonesian rupiah, the Philippine peso, and the New Taiwan dollar gained against the U.S. dollar late Tuesday, underscoring the strength of the Asian recovery - with or without Japan's help, dealers said.

Suspected robber shot dead

Suspected robber shot dead JAKARTA (JP): A North Jakarta Police officer shot and killed a 25-year-old suspected robber on Monday night on Jl. Yos Sudarso, a source at Cipto Mangunkusumo General Hospital said on Tuesday. The source quoted another police officer, who accompanied the body of Mugeni, alias Bangga, to the hospital, as saying his colleague shot the suspected criminal after being alerted by the screams of the victim.

An exemplary move

An exemplary move Five members of the National Police's elite Mobile Brigade (Brimob) were pilloried by their commander, Brig. Gen. Firman Gani, who stripped the officers of their berets and corps insignias during a televised ceremony in Jakarta on Monday. The public shame the five sergeants experienced at being so dishonorably discharged, however, can hardly be compared to the shame they brought to Brimob.

Provinces to see more money for health care maintenance

Provinces to see more money for health care maintenance JAKARTA (JP): The Ministry of Health will disburse 86.4 percent of its proposed 2000 budget to regional administrations for the development and maintenance of health care outside the capital. Minister of Health Achmad Sujudi said the decision will give regional administrations more control over their health budgets which is in line with the government's plan to implement regional autonomy as stipulated in Law No. 22/1999.

TV today

TV today TVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Program 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 Music 5:30 Sports 6:30 TVRI News 7:00 Evening News 7:30 TV Drama 8:00 Music 9:00 World News 9:35 Talk Show 10:35 Film 12:00 a.m. Late News Program 2 4:30 p.m. Student's Program 5:00 City News 5:30 Music 6:00 TV Drama 6:30 News (in English) 7:00 Evening News 7:30 TV Drama TPI 5:30 a.m.

Govt to sell more stakes in Telkom and Indosat

Govt to sell more stakes in Telkom and Indosat TOKYO (Dow Jones): Indonesian Investment and State Enterprise Minister Laksamana Sukardi reiterated on Tuesday his target to privatize government stakes in PT Telekomunikasi Indonesia (PT Telkom) and PT Indonesia Satellite Corp. (Indosat) by the end of the year. "We are planning for an accelerated privatization of Indosat and Telkom Indonesia," said Laksamana at a Tokyo press conference, without indicating a specific date.

IPTN boss asked to quit

IPTN boss asked to quit BANDUNG (JP): The Communication Forum of Employees of the state-owned Indonesian National Aircraft Manufacturer (IPTN) on Monday demanded that acting president S. Paramajuda step down for failing to properly manage the company. The organization said Paramajuda rarely came to the office as he was too busy managing other companies also grouped under state-owned PT Pakarya Industri.

City urged to cancel plan to divert upstream rivers

City urged to cancel plan to divert upstream rivers JAKARTA (JP): The government was urged on Tuesday to cancel its plan to alter the courses of upstream rivers into the Cisadane River, which flows to Tangerang. Speaking before city councilors in charge of development affairs, city mining agency head Ali Rozi said it was a deplorable idea that would cause water shortages in the capital. "It's more important to preserve surface water by constructing more dams to retain water in the city.

KKN is like a virus

KKN is like a virus There is a lot of talk on corruption, collusion and nepotism (KKN). In the latest government budget, the President gave his views on the causes of KKN in the government. A lack of supervision, inadequate remuneration and an excessive number of personnel seem to be the main causes of KKN. A more effective supervision, a better system of salary and better recruitment of personnel hand in hand with an improvement of accountability and transparency should cure the evils of KKN.

City told to file suit against demolition

City told to file suit against demolition JAKARTA (JP): A preservationist, a city councilor and a lawyer suggested on Tuesday that the city administration should file a lawsuit against the Ministry of Finance for demolishing part of the protected former Supreme Court building in Central Jakarta and for failure to obtain a building construction permit (IMB).

Aceh rights abuse suspect feared kidnapped: Munir

Aceh rights abuse suspect feared kidnapped: Munir JAKARTA (JP): A human rights group claimed on Tuesday that Lt. Col. Sudjono, a key suspect in a murder case allegedly carried out by soldiers in Aceh, may have been kidnapped to prevent the upcoming trial of the case.

KONI waits for lists on fund, equipment needs

KONI waits for lists on fund, equipment needs JAKARTA (JP): The National Sports Council (KONI) expects sports organizations to submit lists of their equipment and funding needs as they prepare to send athletes to overseas competitions in preparation for the 2000 Olympic Games in Sydney in September. KONI spokesman Ahmed Solihin said at a media conference on Tuesday the council was waiting for the lists before allocating its budget of Rp 6.9 billion (US$920,000) for 11 sports organizations.

Visa electron card

Visa electron card Lippo Bank, together with Visa International, is launching Visa Electron, a debit card that is accepted worldwide. Unlike credit cards, customers must first have a savings account with a balance to obtain the card. Quite frequently, we can see its advertisements appear in major newspapers informing the convenience of doing transactions at any merchant bearing the Visa logo. There are 10,000,000 merchants worldwide.

Leprosy on Palue island

Leprosy on Palue island MAUMERE, East Nusa Tenggara: At least 200 out of the 13,000 residents on Palue island, Sikka regency, are suffering from leprosy. One of the main problem facings residents is the lack of proper medical facilities to fight the disease. Ruben Regi, 54, a relative of one of the victims told The Jakarta Post here on Tuesday that the community health center was not equipped with medicine for leprosy. "The staffers always say that there is no medicine for this disease.

Thailand ready to graduate from bailout program: IMF

Thailand ready to graduate from bailout program: IMF BANGKOK (AFP): The International Monetary Fund (IMF) said on Tuesday that Thailand would graduate from its US$17.2 billion support program in June, but warned the nascent recovery remains fragile. The IMF said Thailand would be the first of the Asian countries to exit its program and praised its commitment to reform following its plunge into crisis in mid-1997, dragging much of the region in tow.

Take care of your people

Take care of your people From Suara Karya East Timorese leader Xanana Gusmao has expressed his support for a judicial process for former Indonesian Military (TNI) chief Gen. Wiranto and a number of other military officers. Ramos Horta made a similar statement, stressing that the Indonesian government should refrain from extending immunity to Indonesian Military officers involved in human rights violations in East Timor.

PAN likely to revise platform

PAN likely to revise platform YOGYAKARTA (JP): The National Mandate Party (PAN) looks certain to insert religious terms of "faith and devotion" into its existing platform that recognizes state ideology Pancasila, the party's deputy chairman Andi Mappataeng Fatwa said on Tuesday. Fatwa said the demand was widely heard when he toured a number of provinces recently.

Nipah dam project continues amid protest

Nipah dam project continues amid protest SURABAYA (JP): The local administration plans to resume the controversial dam project in Nipah, Madura, off eastern Java, after it was halted for six years following a fatal 1993 incident. The Sampang regency's decision to continue the land acquisition process for the dam project has drawn strong protest from the Surabaya branch of Legal Aid Foundation (LBH) and the relatives of the victims, an official at the regency confirmed on Tuesday.

Urban women prone to osteoporosis

Urban women prone to osteoporosis JAKARTA (JP): Urban women are more susceptible to osteoporosis than their counterparts in rural areas due to their modern lifestyles, experts warn. "The tendency to smoking, avoiding sunlight and reducing physical activity, typical habits for women in urban areas, will increase vulnerability to osteoporosis," obstetric gynecologist Andon Hestiantoro told a press conference on Tuesday.

Where to go in Surabaya, for Wednesday, Feb. 9, 2000

Where to go in Surabaya, for Wednesday, Feb. 9, 2000 Music and Entertainment * Hotel Majapahit, Mandarin Oriental, Jl. Tunjungan 65 (Phone: 031 5454333): A Night of Love features musician Glenn Bagus Zulkarnaen, 6:30 p.m., Feb. 24. * Hyatt Regency Surabaya, Jl. Jend. Basuki Rakhmat 106-128 (Phone: 031 5311234): - Lobby: Gamelan (Traditional Music), Monday to Thursday, 7 p.m. to 10 p.m., Solo Pianist, Monday to Sunday, 7 a.m. to 9 a.m., 7Friday to Saturday, 7 p.m. to 9 p.m.

Army members allegedly behind eviction

Army members allegedly behind eviction BOGOR (JP): Five Army personnel, one of them a captain, allegedly supported a land broker to demolish a house and evict its 85-year-old lady owner named Arsih on Saturday afternoon in Kampung Comblong, Megamendung district, here. Locals alleged they felt threatened by the group's leader, Capt.

The story behind Abdurrahman

The story behind Abdurrahman This is the first of two articles on a lesser known side of President Abdurrahman Wahid by Indonesian expert R. William Liddle, professor of political science at The Ohio State University. OHIO (JP): There is a missing ingredient in media descriptions of Indonesia's new president, Abdurrahman Wahid, familiarly called Gus Dur.

Oka helped out by association chairman

Oka helped out by association chairman JAKARTA (JP): Windsurfer Oka Sulaksana will compete in the Mistral World 2000 championships after the Indonesian Yachting and Windsurfing Association (Porlasi) chairman Soentoro assured that his expenses would be covered. Porlasi's official in charge of athletes development Raymond Kotambunan said on Tuesday the association so far only collected Rp 30 million (US$4,000) of the Rp 60 million needed for the event in Mar del Plata, Argentina.

Bakrie Sumatera set to sign long-term rubber agreements

Bakrie Sumatera set to sign long-term rubber agreements SINGAPORE (Dow Jones): Bakrie Sumatera Plantations will likely sign long-term contracts with two rubber trading firms soon to replace the role of financially ailing Lewis & Peat, the company's chief financial officer, Ambono Janurianto, told Dow Jones Newswires late Monday.

E. Asia bounces back from crisis, says WB

E. Asia bounces back from crisis, says WB WASHINGTON (AFP): East Asia, bouncing back from crippling financial turmoil in 1997, is now the world's fastest growing emerging market, but the 15 million people who fell below the poverty line during the crisis remain impoverished, the World Bank said here Monday.

UNTAET to take over East Timor soon

UNTAET to take over East Timor soon DENPASAR, Bali (JP): UNTAET peacekeeping force commander Lt. Gen. Jaime de los Santos said on Tuesday that his troops would soon take over complete supervision of East Timor from Interfet. "By the end of February, we shall take over all the sectors within East Timor," De los Santos said after a courtesy call on chief of the Udayana Military Command Maj. Gen. Kiki Syahnakri.

Former BI boss denies accusation of loan fraud

Former BI boss denies accusation of loan fraud JAKARTA (JP): Former Bank Indonesia (BI) governor Soedradjad Djiwandono denied on Tuesday accusations that the central bank improperly channeled liquidity support to troubled banks during his tenure. He acknowledged, however, that malfeasance in the use of the liquidity support might have occurred in some banks due to lack of supervision by the central bank.

Gus Dur sticks to his guns on Wiranto's position in Cabinet

Gus Dur sticks to his guns on Wiranto's position in Cabinet NEW DELHI (JP): Gen. Wiranto got a vote of confidence from President Abdurrahman Wahid on Tuesday who described him as a reformist figure despite reiterating his intention to suspend the former military chief. Extending the conciliatory tone he has adopted over the past few days, Abdurrahman tempered his comments about Wiranto's possible exit with strong words of praise for the coordinating minister for political affairs and security.

Think positive for optimum health of body and mind

Think positive for optimum health of body and mind This is the last in the six-article series New Millennium - New You, providing practical tips on how to stay healthy. The weekly column is written by Clare E. Urwin, a nutrition, fitness and health adviser based in Surabaya. SURABAYA (JP): Congratulations. Reaching optimum health and fitness is within your grasp. Don't you feel good? Making those changes to your lifestyle required effort and determination. So, let's make sure they last.

Giordano to open more stores in RI

Giordano to open more stores in RI HONG KONG (AFP): Hong Kong high-street clothing retailer Giordano International Ltd. is to open more chain stores in Australia and Indonesia as part of its expansion plans, a report said Tuesday. Terry Ng, Giordano executive director, told the Hong Kong Economic Journal the company has opened four stores in Melbourne, with business revenues meeting internal targets, and there are plans to launch between 15 to 18 more shops this year.

PDAM hikes water rate by 46%

PDAM hikes water rate by 46% BOGOR (JP): The Bogor tap water company (PDAM) confirmed on Tuesday a plan to hike water rates by 46 percent to cover its monthly losses. "The planned hike, 46 percent up on the current rate of Rp 770 (10 US cents), is needed to cover our monthly losses of Rp 240 million (US$ 32,000) since 1998," head of PDAM's general affairs department Saifuddin told The Jakarta Post..

DPR bullet from hunting rifle, says officer

DPR bullet from hunting rifle, says officer JAKARTA (JP): A senior military officer said on Tuesday that the rifle that fired the bullet that broke the window of a United Development Party (PPP) legislator's office on Monday was not a standard military rifle. "The caliber of the bullet was 9 mm, which is the size of the barrel of a Steyr rifle. "It's not a standard military rifle," Lt. Col. Budi Rahmat, chief of the Central Jakarta Military District Command, told The Jakarta Post.

IBRA aims to collect $3.3b in 2000 fiscal year

IBRA aims to collect $3.3b in 2000 fiscal year JAKARTA (JP): Despite its slowness in achieving revenue target for the current budget year, the Indonesian Bank Restructuring Agency (IBRA) has set an ambitious target of Rp 24.7 trillion (US$3.3 billion) from asset sales and loan recoveries for the 2000 fiscal year beginning in April.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Feb. 8, 2000: Bank notes rates Buying Selling Rp Rp U.S.

Feisal Tanjung blamed for attack on PDI office

Feisal Tanjung blamed for attack on PDI office NEW DELHI (JP): While his stand-off with his Cabinet minister Gen. Wiranto appears to be cooling down, President Abdurrahman "Gus Dur" Wahid kept firing at Wiranto's senior, Gen. (ret) Feisal Tanjung, on Tuesday. In a rare display of anger, the President insisted that Feisal was fully responsible for two attacks on him and on Vice President Megawati Soekarnoputri when he was the armed forces chief.

Govt to keep airports, seaports

Govt to keep airports, seaports MAKASSAR, South Sulawesi: Minister of Regional Autonomy Ryaas Rasyid insisted here that the implementation of the Regional Autonomy Law No. 22/1999 would not mean the transfer of the management of airports and seaports to local governments. Speaking in a visit to his home province to promote the law on Monday, Ryaas said such properties have to be managed to a national and international standard.

Tri Polyta hopes to restructure US$185 million in foreign debts

Tri Polyta hopes to restructure US$185 million in foreign debts JAKARTA (JP): Publicly listed PT Tri Polyta Indonesia is upbeat its overseas bondholders will accept its debt restructuring proposal, given signs of recovery in its business performance. "During the economic crisis, we were dragged down by a considerable foreign exchange loss, but now we are getting out of it and ready to restructure our debts," said investor relations executive Jeanne Watulo on Tuesday.

RI says visa-on-arrival facility for Chinese tourists on reciprocal basis

RI says visa-on-arrival facility for Chinese tourists on reciprocal basis JAKARTA (JP): The Indonesian government will issue visas on arrival to Chinese tourists arriving in Indonesia only if the country does the same thing for Indonesians, a senior tourism official said here on Tuesday. "The Chinese government must consider our requirements because visas should be provided under a reciprocal principle," tourism and the arts deputy state minister I Gde Ardika said.

City police get a new chief amid allegations

City police get a new chief amid allegations JAKARTA (JP): Maj. Gen. Nurfaizi, former Central Java Police chief and former Jakarta head of police detectives, was installed on Tuesday as the Jakarta Police chief, replacing Maj. Gen. Noegroho Djadjoesman. Djadjoesman has been appointed head of the National Police Staff and Leadership School in Bandung, West Java, a position left vacant when Maj. Gen. Rusdihardjo was assigned by President Abdurrahman Wahid to command the National Police force.

Central Java courts gold in tennis at National Games

Central Java courts gold in tennis at National Games SEMARANG (JP): With several national players on its tennis team, Central Java expects at least three golds in the 15th National Games (PON) in Surabaya in June but, to the contrary, the province seems pessimistic about gymnastics as it only qualified two athletes for the quadrennial event.

Abdurrahman visits RI's cultural kin

Abdurrahman visits RI's cultural kin By Kornelius Purba NEW DELHI (JP): President Abdurrahman Wahid arrived here for a two-day state visit on Tuesday to further enhance ties between Indonesia and India by holding meetings with government and opposition leaders. An avid admirer of historical and political figures, Abdurrahman not only met with Indian President K.R.