Indonesian Political, Business & Finance News

Archive: 28 December 1999

41 articles found

The dear cost of disregarding English

The dear cost of disregarding EnglishBy Raphael Lengesa Nombo YOGYAKARTA (JP): Two recent articles on teaching English were interesting -- those by Iwan Jazadi titled Rigid curriculum complicates RI's English teaching and Complications in English teaching: Ideological issues, which appeared in The...

Disarm GAM

Disarm GAMFrom Rakyat MerdekaIt is correct for many circles, including the political elite, religious leaders and social figures to perceive or even propose that the Acehnese separatists who joined the Free Aceh Movement (GAM) must be disarmed.

Newly opened Retro promises modern music

Newly opened Retro promises modern musicBy Emma Cameron JAKARTA (JP): A new bar opened on Dec. 17 in Central Jakarta with promises of modern music from New York, Tokyo and London.Retro, located at the Crowne Plaza Hotel on Jl.

Exhibit shows the phenomena of the urban painters

Exhibit shows the phenomena of the urban paintersBy Chandra Johan JAKARTA (JP): Galeri Milenium in Jakarta organized a painting exhibition recently titled Urban Community Phenomena. Participated in by 15 painters, the works on display certainly varied widely.

Military kills three GAM members in clash

Military kills three GAM members in clash BANDA ACEH, Aceh (JP): At least three alleged members of the Free Aceh Movement (GAM) separatist group were shot dead while attempting to ambush an Indonesian Military (TNI) convoy in the remote village of Uleerubek in North Aceh on Tuesday, a military...

Is U.S. legal system unjust?

Is U.S. legal system unjust? I note with concern that your Dec. 21, 1999 front page carried an article that under duress from the U.S. government, Indonesia has been forced to suspend all corruption investigations involving the state electricity company PLN and its contracted power station...

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News 8:00 Children's Songs 9:00 Music 10:30 Interval 2:00 p.m. News 2:30 Documentary 3:00 Music 4:00 Regional News 4:30 Ramadhan Program 6:00 Sports 6:30 News (in English) 7:00 Evening News 7:30 Talk Show 8:00 Music 9:00 World News 9:35 Koran Recital...

Government expects 6 million tourists in year 2000

Government expects 6 million tourists in year 2000 JAKARTA (JP): The government is upbeat that Indonesia's tourism industry will grow robustly next year following an improvement on both the political and economic fronts.

Once bustling Kramat Tunggak now forsaken

Once bustling Kramat Tunggak now forsaken JAKARTA (JP): Not much is going on at Kramat Tunggak, formerly the city oldest's red-light district, in North Jakarta.Quiet has descended on the 10.4-hectare complex, located close to the busy Tanjung Priok seaport.

Our commitment to reform

Our commitment to reform As we see, the calls for reform within the Indonesian Military (TNI) and elsewhere have caused varying reactions. But in a climate that is loaded with different emotions, prejudices and antagonism, those differences, too, are often colored by emotion.

Officer thwarts daring daylight armed robbery

Officer thwarts daring daylight armed robbery JAKARTA (JP): A police corporal posted at the Prima Express Bank branch office in Tebet, South Jakarta, managed to foil an attempted robbery by an armed man in the parking lot of the bank's premises on Monday afternoon.

Conversion Rates

Conversion RatesBank Indonesia's conversion rates on Dec. 27, 1999: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 6,965.00 7,035.00Australian dollar 1 4,486.85 4,536.87Austrian schilling 1 512.54 518.05Belgian franc 1 174.83 176.71Brunei dollar 1 4,173.41 4,217.88Canadian dollar 1 4,744.

Military admits 'routine meetings' with militias

Military admits 'routine meetings' with militias JAKARTA (JP): An army general admitted on Monday that military officers in East Timor regularly met with prointegration militias accused of violence and destruction in the territory following the Aug. 30 self-determination ballot.Maj. Gen.

JSX halts firms' trading

JSX halts firms' trading JAKARTA (JP): The Jakarta Stock Exchange (JSX) suspended trading in shares of PT Multipolar, PT Miwon Indonesia and PT Bukaka Teknik Utama in late trade on Monday.The action was taken after prices of the companies exceeded the maximum level, the JSX said in a statement.

Reforming TNI

Reforming TNI The way the Indonesian Military (TNI) is going on about defending its territorial function shows that it, or more precisely the Army, is reluctant to give up the power and privileges it has enjoyed all these years.

Security of New Year's parties guaranteed

Security of New Year's parties guaranteed JAKARTA (JP): The city administration guaranteed the security of hotels, cafes, cinemas, restaurants and other recreational places holding parties to celebrate New Year's Eve, an official said on Monday.

Who's to blame for the East Timor debacle

Who's to blame for the East Timor debacleBy Meidyatama Suryodiningrat JAKARTA (JP): Some things just bring out the worst in us and in the case of East Timor, everything that could go wrong, did go wrong.

Police to protect bank rush

Police to protect bank rush PEKANBARU, Riau: Police personnel have been deployed to safeguard private banks in a move anticipating a rush of people wanting to withdraw their money due to fear of computer problems resulting from the millennium changeover widely known as the Y2K bug.

19 killed in fresh clash in Ambon

19 killed in fresh clash in Ambon JAKARTA (JP): Sectarian violence struck Ambon again resulting in the death of at least 19 people, prompting the Indonesia Communion of Churches (PGI) to demand international peacekeepers in riot-torn Maluku province if security forces refuse to be held accountable...

RI forex reserves rise

RI forex reserves rise JAKARTA (JP): Indonesia's net foreign exchange reserves rose by US$76 million to $16.7 billion as of Dec. 23 from $16.6 billion a week earlier.Bank Indonesia said in its weekly report on Monday that the increase was due to foreign debt disbursement and higher revenues from...

Businesses told to pay THR

Businesses told to pay THR TANGERANG (JP): The Tangerang administration has threatened to prosecute any businesspeople who refuse to pay holiday bonuses (THR) to their workers, an official said on Monday.

Kashmiris urge plane hijackers to free hostages

Kashmiris urge plane hijackers to free hostages SRINAGAR, India (Reuters): Some residents in the troubled north Indian state of Jammu and Kashmir urged the hijackers of an Indian Airlines plane on Monday to release the hostages unconditionally, saying hijacking violated the tenets of Islam.

Angry workers burn cars in Tangerang

Angry workers burn cars in Tangerang JAKARTA (JP): Some 400 workers of a ceramic producer, PT Satya Karya Keramindo Indah, ran amok on Monday after the company failed to meet their demand for their annual bonus worth three times their basic monthly salary.

Ashtech to invest in cacao plant

Ashtech to invest in cacao plant JAKARTA (JP): Malaysian Ashtech Holdings SDN BHD and local cocoa producer PT Arasma Mulia agreed here on Monday to jointly set up a US$4.5 million cacao processing plant in Central Sulawesi.

Government mulls reviewing visa on arrival facility

Government mulls reviewing visa on arrival facility JAKARTA (JP): The government is considering a review of its visa on arrival facility, currently provided to nationals of 48 countries.Coordinating Minister for Political Affairs and Security Gen.

Four questioned over an armed robbery in Cilandak

Four questioned over an armed robbery in Cilandak JAKARTA (JP): Cilandak Police detectives are questioning four witnesses in connection with an early Monday morning robbery in which five suspected robbers got away with one kilogram of gold bars and jewelry, Rp 15 million (US$2,150) and $1,000 in...

From authoritarianism to democracy

From authoritarianism to democracy The following is the second of a two part article, an excerpt from an address by State Minister of Investment/State Enterprises Laksamana Sukardi before an international conference transition and globalization.

Movie scene 1999: A Year of experiments and scare fare

Movie scene 1999: A Year of experiments and scare fareBy Tam Notosusanto JAKARTA (JP): Moviegoing in Jakarta is essentially about two things: good movie weeks and bad movie weeks.When you are lucky, you can go from one critically acclaimed film to the next, watching one award-winning picture after...

East Timorese urged to decide on nationality

East Timorese urged to decide on nationality JAKARTA (JP): The government has urged East Timorese refugees to choose whether they want to be repatriated or remain in Indonesia, hoping to settle the aggravating issue before the new fiscal year starts on April 1, 2000.

Holidaymakers warned of 'deadly' roads

Holidaymakers warned of 'deadly' roads SEMARANG (JP): Holiday revelers bound for hometowns in Central Java for Idul Fitri are being cautioned about at least 11 accident-prone areas in the province.Governor Mardiyanto said on Monday he had been informed that a number of road sections in the province...

Philips to boost Asian sales

Philips to boost Asian sales SINGAPORE (AFP): Philips Consumer Electronics aims to increase its market share in Asia Pacific by investing heavily in its brand image and introducing new products faster in the region.

Retail, hotel sectors to lead property recovery: Consultant

Retail, hotel sectors to lead property recovery: Consultant JAKARTA (JP): The retail space and hotel subsectors are expected to lead the recovery of the property sector next year, followed by the industrial and office subsectors, according property consultant PT Colliers Jardine Indonesia.

New sensation of being hopeful

New sensation of being hopeful This is the first of two articles by noted talk show host Wimar Witoelar on the feelings of Indonesians ahead of the New Year. JAKARTA (JP): Are Indonesians still too euphoric? Are the people's expectations currently too high? In a recent interview with BBC, my reply...

S. Korea leads Asia in mergers

S. Korea leads Asia in mergers SINGAPORE (DPA): South Korea led Asia in merger and acquisitions during 1999 with more than US$19.4 billion worth of announced deals followed by China and Hong Kong, findings showed on Monday.

Will Asian strongmen survive in the next millennium?

Will Asian strongmen survive in the next millennium?Lee Hsien Loong SINGAPORE (DPA): Where have all the Asian strongmen gone? In fact, some are still around and kicking at the dawn of a next millennium, and the shadows of others continue to haunt the approaching "Asian century" despite signs of...

Students, activists against fuel hike

Students, activists against fuel hike YOGYAKARTA: The government's plan to hike electricity and fuel prices was met with a protest by students and members of the Democratic People's Party (PRD), who rallied at the boulevard of Gadjah Mada University on Monday.

Asia hope for new economic miracle in the 21st century

Asia hope for new economic miracle in the 21st centuryBy P. Parameswaran SINGAPORE (AFP): "The next century will be the Asian century" -- that proud boast by Asian leaders is no longer heard, but analysts say steady reform and restructuring following a financial crisis could well lay the ground for...

Gus Dur's stance on drug trafficking

Gus Dur's stance on drug traffickingFrom Suara KaryaPresident Abdurrahman Wahid, or Gus Dur, is apparently extremely serious about fighting the problem of narcotics and prohibited drugs. This was evident from his statement that he agreed drug traffickers should receive capital punishment because...

Missing ferry skipper summoned

Missing ferry skipper summoned MANILA (AFP): Maritime investigators summoned on Monday the disappeared captain of a passenger ferry which sank in central Philippine waters, as another survivor was found four days after the tragedy, officials and state television said.

President appeals for national brotherhood

President appeals for national brotherhood JAKARTA (JP): President Abdurrahman Wahid appealed in a Christmas message on Monday to people of all faiths in Indonesia to foster a stronger sense of brotherhood and unite to overcome the tough challenges facing the nation.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 27, 1999: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,075 -75 867,000 Alakasa Industrindo 700 0 0 Alter Abadi 425 0 60,000 Alumindo Light Metal 1,225 0...