Archive: 25 March 1999
55 articles found
Thu, 25 Mar 1999, 00:00 WIB
40% of Tangerang residents lack IDs
40% of Tangerang residents lack IDs TANGERANG (JP): Nearly half of the 1.31 million Tangerang residents do not have identification cards (ID), as they believe the processing requirements are too expensive, an official said. Approximately 40 percent or 502,110 Tangerang residents are affected.
Thu, 25 Mar 1999, 00:00 WIB
Apartment sales indicate property sector recovery
Apartment sales indicate property sector recovery JAKARTA (JP): An increase in purchases of apartment units in the city by individual foreign investors reveals an early sign of recovery in the domestic property sector, according to property consultant PT Colliers Jardine's investment director Joseph S. Halim.
Thu, 25 Mar 1999, 00:00 WIB
Conversion Rates
Conversion Rates Bank Bali's conversion rates on March 24, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S.
Thu, 25 Mar 1999, 00:00 WIB
Come together
Come together From Bisnis Indonesia It is a fact that people hope the June 1999 general election will be democratic and reflect the people's aspirations. In order not to be trapped in the status quo and to make reform a reality, some parties are voicing the need for a coalition to oppose Golkar, the party which dominates the bureaucracy. Many scholars have tried to draw a political map based merely on mathematical calculations.
Thu, 25 Mar 1999, 00:00 WIB
No decision on E. Timor peacekeeping force: UN
No decision on E. Timor peacekeeping force: UN DILI, East Timor (JP): No decision has been made as to whether a United Nations peacekeeping force will be deployed in this province during the direct ballot to choose between autonomy and independence in July, UN officials said on Wednesday. "We have been studying that possibility," Samuel Tamrat, one of six members of UN advance team, said upon arrival here.
Thu, 25 Mar 1999, 00:00 WIB
Police arrest four men accused of bus robbery
Police arrest four men accused of bus robbery JAKARTA (JP): City police apprehended on Wednesday four men believed to belong to a seven-member armed gang specializing in extorting money from passengers on air-conditioned public buses. Police said the arrest, made in front of Graha Patra building on Jl. H.R. Rasuna Said in South Jakarta, was made possible due to the efforts of a Steady Safe bus crew who alerted patrolling officers.
Thu, 25 Mar 1999, 00:00 WIB
Obituary
Obituary Respected social scientist Koentjaraningrat, known as the pioneer of anthropology in Indonesia, died on Tuesday shortly after being admitted to Kramat Hospital here of a stroke. He was 75. He was given a simple funeral on Wednesday in the Karet Bivak cemetery in Central Jakarta. Minister of Education and Culture Juwono Sudarsono and noted economist Emil Salim were among the mourners.
Thu, 25 Mar 1999, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on March 24 , 1999: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 225 0 0 AHAP Insurance 400 0 0 Alakasa Industrindo 100 -25 102,500 Alter Abadi 200 0 0 Alumindo Light Metal 350 0 198,000 Aneka Kimia Raya 100 -50 92,000 Aneka Tambang (Persero) 1,425 -50 776,500 Anwar Sierad 50 0 178,000 APAC Centertex Corp 200 -25 4,337,500 Aqua Golden Mississippi 2,700 0 0 Argha Karya...
Thu, 25 Mar 1999, 00:00 WIB
IMF likely to increase bailout for Indonesia by $1 billion
IMF likely to increase bailout for Indonesia by $1 billion HONG KONG (Agencies): IMF Asia-Pacific Director Hubert Neiss said on Wednesday he expects the IMF's Indonesia board to agree to augment an existing bailout program by about $1.0 billion when it meets on Thursday. "I would expect the board will agree," Neiss said at a Credit Suisse First Boston Investment conference.
Thu, 25 Mar 1999, 00:00 WIB
Government releases PKI prisoners
Government releases PKI prisoners JAKARTA (JP): Minister of Justice Muladi announced on Wednesday the release of 10 aging former members of the outlawed Indonesian Communist Party (PKI), jailed for their involvement in the communist-backed abortive coup attempt in 1965. According to Muladi, the release was "intended to speed up the process of national reconciliation, which requires legal efforts, by giving amnesty to prisoners who are serving sentences".
Thu, 25 Mar 1999, 00:00 WIB
Indonesia set to ratify antidiscrimination convention
Indonesia set to ratify antidiscrimination convention JAKARTA (JP): The House of Representatives began deliberation on Wednesday of a United Nations convention against all forms of racial discrimination. Minister of Justice Muladi told the House plenary session hearing the first reading of the ratification draft that the government wished to establish a legal basis for it to eradicate discriminative acts on the basis of ethnic origin.
Thu, 25 Mar 1999, 00:00 WIB
Banning scholars from entering the country undemocratic
Banning scholars from entering the country undemocratic By Benny Subianto JAKARTA (JP): No clear reason has been provided as to why Yoshihara Kunio, an historian at the Southeast Asian Studies Center at Kyoto University, was refused entry at Soekarno-Hatta International Airport on March 14. Banning of foreign scholars and journalists was common during former president Soeharto's New Order regime. The most recent ban maintains New Order politics and calls into question President B.J.
Thu, 25 Mar 1999, 00:00 WIB
Citigroup aids small firms
Citigroup aids small firms JAKARTA (JP): America's Citigroup Foundation donated on Wednesday US$1 million to Grameen Trust in order that it can extend its microcredit program to five countries hardest hit by the Asian economic crisis. Citibank's country business manager for consumer banking, Barry Lesmana, said the grant would allow poor entrepreneurs in Indonesia, Malaysia, the Philippines, South Korea and Thailand to qualify for loans to establish and run small businesses.
Thu, 25 Mar 1999, 00:00 WIB
Bank owners urge IBRA negotiates with employees
Bank owners urge IBRA negotiates with employees JAKARTA (JP): Owners of the 38 banks closed by the government urged the Indonesian Bank Restructuring Agency (IBRA) to represent them in negotiations with thousands of employees demanding higher severance pay.
Thu, 25 Mar 1999, 00:00 WIB
Semarang regent offers bribes
Semarang regent offers bribes UNGARAN, Central Java: Semarang Regent Soedijatno, under police investigation in connection to a corruption case, tried to bribe local United Development Party (PPP) legislators, a PPP official said on Tuesday. Head of the PPP faction at the local legislature, Abdul Halim, told Antara Soedijatno had offered Rp 500 million (US$56,200) in exchange for PPP silence on his alleged involvement in the corruption case. "He said it was elections-related financial aid.
Thu, 25 Mar 1999, 00:00 WIB
Pertamina to lose monopoly in 2 years
Pertamina to lose monopoly in 2 years JAKARTA (JP): The government will end the monopoly extended to state company Pertamina to manage the country's oil and gas sector in two years, a minister has said. Acting Minister of Mines and Energy Akbar Tandjung, who is also Minister/State Secretary, said on Wednesday that after the time had elapsed, Pertamina would operate as a limited liability company.
Thu, 25 Mar 1999, 00:00 WIB
Jasindo's profit increases
Jasindo's profit increases JAKARTA (JP): State-owned general insurance firm PT Asuransi Jasa Indonesia (Jasindo) said on Wednesday that its 1998 unaudited net profit rose by 9.63 percent to Rp 41.44 billion (about US$4.8 million) from to Rp 37.80 billion in 1997. The company announced that its level of profitability dropped slightly to 16.54 percent in 1998 from 17.37 percent in the previous year. Jasindo is one of the country's largest insurance firms with 25 years of experience.
Thu, 25 Mar 1999, 00:00 WIB
Pawnshops gain clients over banks
Pawnshops gain clients over banks MAUMERE, East Nusa Tenggara: The Sikka pawnshop disbursed Rp 10 billion (US$1.12 million) in consumption loans over the past year, up from Rp 6 billion in 1998. Pawnbroker Hamon Herman, attributed on Monday the increase to the protracted economic crisis. He said the loans ranged from Rp 5 million to Rp 10 million. He said despite the high interest rates, people preferred pawnshops as they did not have to comply with complicated procedures.
Thu, 25 Mar 1999, 00:00 WIB
Indonesians finds home away from home at UC Berkeley
Indonesians finds home away from home at UC Berkeley By Dewi Anggraeni BERKELEY, California (JP): Mention University of California Berkeley to an Indonesian who grew up in the 1970s or even in the late 1960s, you will most likely be told of Professor Widjojo Nitisastro's think tank, also known as the "Berkeley Mafia". The Berkeley Mafia was the first batch of technocrats whose collective expertise was utilized by the New Order government to revamp Indonesia's dire economic situation at the time.
Thu, 25 Mar 1999, 00:00 WIB
National Plus schools: Education for the elite few
National Plus schools: Education for the elite few By Lena Rosenthal JAKARTA (JP): A lot of well-to-do Indonesian parents send their children abroad to ensure they will receive a better education. During the crisis, however, some may have to think twice about overseas education.
Thu, 25 Mar 1999, 00:00 WIB
KPU bars ministers from campaigning
KPU bars ministers from campaigning JAKARTA (JP): The General Elections Commission (KPU) voted on Wednesday in favor of banning government officials, including Cabinet ministers, from campaigning for parties contesting the June 7 general election. A total of 46 votes were in favor of the ban and 22 against. KPU chairman Rudini said nine of the commission's 53 members were not in attendance.
Thu, 25 Mar 1999, 00:00 WIB
Indigenous people
Indigenous people When I picked up The Jakarta Post of March 22, 1999, and read on page one "Indigenous people take united stand," I was so happy I could have jumped sky high with joy. To be sure that I had the right interpretation of the word indigenous, I consulted an English-Indonesian dictionary, and what I found confirmed my optimism, because indigenous means pribumi in Bahasa Indonesia. We are all pribumi; a country of about 200 million pribumi.
Thu, 25 Mar 1999, 00:00 WIB
IMF get positive words from Sachs
IMF get positive words from Sachs HONG KONG (Dow Jones): One of the International Monetary Fund's best-known critics, Harvard University Professor Jeffrey Sachs, had surprisingly positive words Wednesday regarding some of the fund's more recent actions in Asia, particularly this month's Indonesian bank closures.
Thu, 25 Mar 1999, 00:00 WIB
RP to get $2.7b in new loan
RP to get $2.7b in new loan TOKYO (Reuters): Japan will pledge fresh loans worth around $2.75 billion to the Philippines this week, a Foreign Ministry spokeswoman said on Wednesday. She quoted Foreign Minister Masahiko Komura as saying Japan would announce at the consultative group meeting for the Philippines on Wednesday and Thursday new loans worth $1.6 billion to be extended through the Export-Import Bank of Japan.
Thu, 25 Mar 1999, 00:00 WIB
Parties abusing campaign ruling to be disqualified
Parties abusing campaign ruling to be disqualified JAKARTA (JP): Political parties will be disqualified from the June general election if proven guilty of violating or ignoring campaign rules, scheduled to be passed by the General Elections Commission (KPU) on Thursday. National Elections Committee (PPI) chairman Jacob Tobing said disqualification would be the maximum penalty against parties breaching the campaign rules.
Thu, 25 Mar 1999, 00:00 WIB
Ministers should not campaign
Ministers should not campaign From Pikiran Rakyat Debates are being held on whether Cabinet ministers should be allowed to campaign. Some prominent public figures are against this in order to safeguard the neutrality of the 1999 general election. However, Golkar's general chairman agrees that ministers should campaign with the objective of getting as many votes as possible. There is no intention on my part to question the right of the ministers as political party members.
Thu, 25 Mar 1999, 00:00 WIB
TV today
TV today TVRI 5:30 a.m. Religious Teachings 6:00 Morning News 7:00 Children's Song 8:00 Music 8:30 Tour and Travel 9:00 Music 10:00 Interval 2:00 p.m. News 2:35 Cartoon: Thunder Cats 3:05 Boy Scout Program 3:30 Creative Program 3:55 Soccer (live) 6:00 News 6:05 Documentary 6:15 Sports 6:30 News (in English) 7:00 Evening News 7:35 Comedy 8:20 Koran Recital 8:30 Religious Teachings 9:00 World News 9:30 Talk Show 10:25 Documentary 11:20 Late News 11:30 Traditional Performance Program 2 4:30 p.m.
Thu, 25 Mar 1999, 00:00 WIB
General's amnesty
General's amnesty When President B.J. Habibie took office in May, the release of political prisoners became a cornerstone of his administration. Indeed, one of his first actions was to authorize the release of dozens of prisoners of conscience under a presidential amnesty. This week, Habibie freed 42 more prisoners, bringing the number of political prisoners released to date to 202 out of 240 incarcerated during the regime of former president Soeharto.
Thu, 25 Mar 1999, 00:00 WIB
UNESCO
UNESCO Correction: UNESCO director of decision, unit of expression and democracy to Indonesia is Alain Modoux, not Stephen C. Hill as cited by Antara in the photo appearing on this page on Wednesday. We apologized for the error. -- The editor
Thu, 25 Mar 1999, 00:00 WIB
Yen sets trend for rising regional monies
Yen sets trend for rising regional monies SINGAPORE (Dow Jones): The yen again set the trend for Southeast Asian currencies during local trading hours on Wednesday. As the Japanese currency rallied in Tokyo, pushing the U.S. dollar lower by one yen, regional currencies trailed the yen higher. The Singapore dollar, the Indonesian rupiah and the Philippine peso all ended Asian trading stronger, but their advances were modest, with the U.S.
Thu, 25 Mar 1999, 00:00 WIB
Anggada's Hartadi wins appeal
Anggada's Hartadi wins appeal SINGAPORE (AP): A U.S. corporation has lost a battle in a Singapore lawsuit against an Indonesian property developer, with the judge ruling that the case should be heard in New York or Jakarta, a news report said Wednesday. The city-state's Court of Appeal dismissed an appeal by American firm Lehman Brothers Special Financing in its case against Indonesian property developer Hartadi Angkosubroto, The Straits Times newspaper said.
Thu, 25 Mar 1999, 00:00 WIB
Burglars tracked down and arrested in C. Java
Burglars tracked down and arrested in C. Java JAKARTA (JP): City police detectives arrested two men believed to have stolen 2.5 kilograms of gold jewelry and US$58,000 in cash from a house belonging to a gold trader in South Jakarta two weeks ago, a police officer said. The suspects, identified as Marsidi, 23, and Sumar, 33, were arrested on Monday at their houses in Bilangrejo village in Demak, Central Java, city police chief of detectives Col. Alex Bambang Riatmodjo said on Wednesday.
Thu, 25 Mar 1999, 00:00 WIB
Man shot dead after snatching necklace
Man shot dead after snatching necklace JAKARTA (JP): Police shot dead a man for allegedly resisting arrest late Tuesday after he was caught snatching a gold necklace from a woman at Pulogadung Bus Terminal in East Jakarta. City police spokesman Lt. Col. Zainuri Lubis said on Wednesday the man was identified as Erwin Parasihan Pakpahan, allegedly a known hoodlum at the capital's biggest bus terminal. Law enforcers have shot 27 convicted or suspected criminals so far this year.
Thu, 25 Mar 1999, 00:00 WIB
Pelita Bakrie left hanging on possible semifinal spot
Pelita Bakrie left hanging on possible semifinal spot JAKARTA (JP): Luck handed Pelita Bakrie a prime opportunity to reach the semifinals after it crushed Pupuk Kaltim 3-0 on Wednesday in the fifth Indonesian Soccer League (Ligina) playoffs at the Senayan main stadium. Pelita striker Indrianto Nugroho was the star of the match, producing a hat trick in the seventh, 70th and 74th minutes to increase his team's chances in Group II.
Thu, 25 Mar 1999, 00:00 WIB
Armed Forces optimistic about progress with media
Armed Forces optimistic about progress with media JAKARTA (JP): A military officer says the former dictum of a "free and responsible press" has changed to "a press that is free and democratic". Brig. Gen. Sudrajat said the shift suggested the media are no longer responsible to the government but have obligations to the people.
Thu, 25 Mar 1999, 00:00 WIB
Marzuki lashes out at police action against Winters
Marzuki lashes out at police action against Winters JAKARTA (JP): Leading human rights campaigner Marzuki Darusman rebuked the police on Wednesday for naming American scholar Jeffrey Winters a suspect for allegedly defaming Coordinating Minister for Economy, Finance and Industry Ginandjar Kartasasmita. Marzuki warned that Ginandjar could be adversely affected if the case dragged on.
Thu, 25 Mar 1999, 00:00 WIB
Hopes rest on Suwandi in first match of Davis Cup
Hopes rest on Suwandi in first match of Davis Cup JAKARTA (JP): Indonesia is banking on its first singles player Suwandi to get his team off to a winning start in the first match of the Davis Cup Group II Asia Oceania zone against the Philipines here early next month. Coach Deddy Prasetyo said on Wednesday that expectations were high for Suwandi to win against the Philippine second singles player, likely to be Bryan M. Juinio.
Thu, 25 Mar 1999, 00:00 WIB
Where to go in Bali:
Where to go in Bali: Exhibitions * Arts Exhibition: by Gde Sudarma, at The Chedi Gallery, Desa Melinggih Kelod, Payangan Gianyar, Ubud (Phone: 0361 975963), until May 17. * Sculptures Exhibition: The Mythology of Wood, by I Made Sutedja, in Ganesha Gallery, Four Seasons Resort, Jimbaran, 12 p.m. to 8 p.m., until April 16. Music and entertainment * Nusa Dua Beach Hotel, Nusa Dua (Phone: 0361 771210): - Budaya Cultural Theatre: Ramayana Balet, Tuesday, 8 p.m., Legong Dance, Friday, 8 p.m.
Thu, 25 Mar 1999, 00:00 WIB
National Museum's gold collection goes to Australia
National Museum's gold collection goes to Australia JAKARTA (JP): For the first time, the National Museum's antique gold collection will be exhibited in Australia. Indonesian Gold: Treasures from the National Museum, will be held in Queensland Art Gallery, Brisbane, from March 26 to May 16. It will then move to Art Gallery of New South Wales, Sydney, from June 4 to Aug. 1. "There will be 73 gold and silver pieces.
Thu, 25 Mar 1999, 00:00 WIB
Upset defendant kicks chair over in courtroom
Upset defendant kicks chair over in courtroom JAKARTA (JP): A law student from the Indonesian Christian University (UKI) on trial charged with kidnapping a police officer expressed his anger at the court on Wednesday by kicking his chair over. Defendant Edward Taurus Benyamin Karo-karo asked judge Samsoedin A.B. to change the date of the resumption of his trial next week so it would not fall on Wednesday, which is visiting day at the detention center he is held at.
Thu, 25 Mar 1999, 00:00 WIB
Setting aside $2.5 for citizens' way to democracy
Setting aside $2.5 for citizens' way to democracy JAKARTA (JP): A United Nations Development Program (UNDP) official said the US$100 million to be granted by the organization and several foreign donors for the general election in Indonesia is justifiable. "It's the cost we must pay for democracy," G. Ravi Rajan, the resident coordinator of the UN Operational Activities in Indonesia, told The Jakarta Post on Tuesday.
Thu, 25 Mar 1999, 00:00 WIB
Workers denaunce military involvement in labor matters
Workers denaunce military involvement in labor matters JAKARTA (JP): About 150 workers from two Tangerang firms protested at the Ministry of Manpower on Wednesday, demanding the military keep out of labor matters. About 80 of the protesters are employees of garment manufacturing company PT Tae Yung Indonesia. The others are workers of PT Tri Pacific Electrindo. Tae Yung Indonesia's workers denounced the military presence in their workplace and the company's dormitories early this month.
Thu, 25 Mar 1999, 00:00 WIB
Where to go in Surabaya:
Where to go in Surabaya: Exhibitions * Photo Exhibition: Metis, at CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5678639), 9 a.m. to 8 p.m., until April 10. * Photo Exhibition: Until The Division of Soul, By Karol Pichler, an installation artist from Slovak, at Galeri Warung Serayu, Jl. Sonakembang no. 4, until March 31. Film * French Film, at CCCL - French Cultural Center: Grjve Party, directed by Fabien Onteniente, until March 26.
Thu, 25 Mar 1999, 00:00 WIB
New water accord has 'drastic changes'
New water accord has 'drastic changes' JAKARTA (JP): The ongoing renegotiation of a cooperation agreement between city-owned tap water company PDAM Jaya and its two foreign partners -- PT Thames Pam Jaya (TPJ) and PT Pam Lyonnaise Jaya (Palyja) -- will include several drastic changes, a senior official said.
Thu, 25 Mar 1999, 00:00 WIB
Understanding the past and predicting the future
Understanding the past and predicting the future By Lance Castles YOGYAKARTA (JP): After four decades of dictatorship, thought control, world record nepotism and cronyism and some of the worst massacres the century has seen, democracy has broken out all over Indonesia and developments are showing encouraging signals for the future.
Thu, 25 Mar 1999, 00:00 WIB
Mentally ill nation
Mentally ill nation A mentally ill person may go insane or become a mad man if he runs amok. Following ethnic clashes and interreligious conflicts which have turned many parts of the nation aflame and is tearing it apart, as it were, there is no denial that we are, mentally, a sick nation. How could we land back in a situation of "tribal clashes" after 50 years of independence? There seems to have never been any real attempt at unifying the people, or not seriously enough.
Thu, 25 Mar 1999, 00:00 WIB
OPEC chief joins RI meeting
OPEC chief joins RI meeting JAKARTA (JP): Organization of Petroleum Exporting Countries secretary-general Rilwanu Lukman said on Tuesday he would attend, as a keynote speaker, an international energy conference in Bali in September to demonstrate OPEC's support for developing Indonesia's natural resources. OPEC, of which Indonesia is a member, "has looked with concern and support on the recent events in Southeast Asia which have caused so much political and social damage", Lukman announced.
Thu, 25 Mar 1999, 00:00 WIB
JCI members to meet in Bali
JCI members to meet in Bali JAKARTA (JP): The Junior Chamber International (JCI) said on Wednesday that it would hold its 49th Asian Pacific Conference (Aspac) in Bali, on June 17 to June 21. JCI president Yong Shuk Choi said the annual regional conference was initially planned to be held in Jakarta, but growing concerns over the country's social climate and security had forced the chamber to move the event to Bali.
Thu, 25 Mar 1999, 00:00 WIB
Draft budget raised by Rp 70b
Draft budget raised by Rp 70b JAKARTA (JP): Jakarta's draft budget for the 1999/2000 fiscal year was raised by Rp 70 billion (US$7.86 million) to Rp 2.82 trillion because of an increase in the estimated contributions of fuel tax and the cancellation of a subsidy for the parking agency, an official said on Wednesday.
Thu, 25 Mar 1999, 00:00 WIB
Foreign bank to take 90% interest in Bank Bali
Foreign bank to take 90% interest in Bank Bali JAKARTA (JP): Bank Bali president Rudy Ramli said on Wednesday a foreign bank had been chosen to take a 90 percent stake in the bank through private placement. The move will exclude Bank Bali from the government's recapitalization program and save the bank from possible hostile measures by the government or other parties in the future, Rudy said.
Thu, 25 Mar 1999, 00:00 WIB
Nike raises pay above minimum wage
Nike raises pay above minimum wage SEATTLE (Reuters): Nike Inc., addressing a persistent public relations problem, said on Tuesday it will raise entry-level wages for workers at its Indonesian shoe factories concurrent with a government minimum wage hike. The 6 percent raise for entry-level workers to about $29.50 a month is above the new Indonesian minimum wage of just over $26, according to a statement from Nike, the world's biggest manufacturer of shoes and apparel.
Thu, 25 Mar 1999, 00:00 WIB
Govt says Irianese students safe
Govt says Irianese students safe UJUNGPANDANG, South Sulawesi: Governor HZB Palaguna promised on Wednesday that indigenous Irianese students studying here would be safe and played down fears that the religious conflict in Ambon would spill over into the province. "I have ordered the police chief to anticipate infiltration by provocateurs who intend to sow hatred among different religious and ethnic groups," Palaguna said. He was commenting on security worries recently filed by Irianese students.
Thu, 25 Mar 1999, 00:00 WIB
Malaysia denies entry to stranded Madurese refugees
Malaysia denies entry to stranded Madurese refugees JAKARTA (JP): Over 400 embattled Madurese refugees escaping terror in West Kalimantan's Sambas regency have found themselves stranded at the port in the neighboring Malaysian state of Sarawak, reports said on Wednesday. They were denied entry by Malaysian authorities at Sematan port in the Lundu district, but the mainly women and children refugees were well taken care of and given medical and food supplies, reports said.
Thu, 25 Mar 1999, 00:00 WIB
People's economy concept worries U.S. investors
People's economy concept worries U.S. investors JAKARTA (JP): The populist economic approach adopted by the President B.J. Habibie administration has U.S. investors worried. The president of the American Chamber of Commerce in Indonesia (Amcham Indonesia), James W Castle, said here on Wednesday that many American businesspeople feared that Indonesia's people- oriented economy could turn into a socialist economy.
Thu, 25 Mar 1999, 00:00 WIB
Scenarios for democratization
Scenarios for democratization This is the second of two articles based on a paper presented by Mohammad A.S. Hikam, a senior research associate of the Indonesian Institute of Sciences (LIPI), at a European Union- Indonesia Dialog organized by the International Dialogs Foundation (IDF) and the European Institute for Asian Studies (EIAS) in Brussels on Feb. 23 to Feb. 24.