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Wed, 31 Mar 1999
ATMs to be modified
ATMs to be modified JAKARTA (JP): The technology of teleconferencing, widely used in the U.S. and Europe, is soon to be applied by advanced banks across the country for their automated-teller machines (ATMs), an expert said on Monday.
Wed, 31 Mar 1999
Stock exchange
Stock exchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 30, 1999: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 225 0 0 AHAP Insurance 400 0 0 Alakasa Industrindo 75 0 0 Alter Abadi 200 0 25,000 Alumindo Light Metal 375...
Wed, 31 Mar 1999
Students demand legislator Nurdin's dismissal
Students demand legislator Nurdin's dismissal UJUNGPANDANG, South Sulawesi (JP): Hundreds of students staged a fresh rally here on Tuesday to demand the dismissal of Nurdin Halid from the House of Representatives.
Wed, 31 Mar 1999
E-commerce at global negotiation
E-commerce at global negotiationBy Wiwit Wirsatyo JAKARTA (JP): Major trading nations, led by the United States, have systematically exercised a sort of neomercantilist strategy by introducing electronic-commerce (E-commerce) into global trading arrangements to enhance their own wealth, power and...
Wed, 31 Mar 1999
Indonesian way of dying
Indonesian way of dying Despite the long absence of natural disasters, bad news continues to bombard us from different directions.The latest news of the drowning of 14 high school students in a Bogor river came after an apparent lull in ethnic clashes in West Kalimantan, which broke out after...
Tue, 30 Mar 1999
Dutch KPN denies corruption charge
Dutch KPN denies corruption charge THE HAGUE (AFP): Dutch telephone operator KPN Telecom denied Monday paying bribes of at least 25 million guilders (11.3 millions euro) in order to gain entry to the Indonesian market.
Tue, 30 Mar 1999
Allianz changes image
Allianz changes image JAKARTA (JP): Global German-based insurance group Allianz has introduced a new logo as part of its efforts to change its corporate image.A statement released on Monday said the new logo was created earlier this year and the company has been promoting it since early March.
Tue, 30 Mar 1999
Tiara plans rights issue
Tiara plans rights issue JAKARTA (JP): Shareholders of nationalized Bank Tiara Asia approved on Monday the bank's plan to issue rights shares to raise Rp 5.3 trillion (US$600 million) for recapitalization.The bank said in a statement it would issue 42.
Tue, 30 Mar 1999
Executive gets six years in jail for embezzlement
Executive gets six years in jail for embezzlement JAKARTA (JP): The Central Jakarta District Court on Monday sentenced the former chief executive of a now closed industrial gas company to six years in jail for embezzling Rp 3 billion (US$340,900) from a loan given to the company.
Tue, 30 Mar 1999
Pertamina told to rexamine Natuna pipeline tender
Pertamina told to rexamine Natuna pipeline tender JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto has ordered the state oil and gas company investigate alleged irregularities in the bidding process for the construction of a 650-kilometer underwater pipeline to supply natural gas...
Tue, 30 Mar 1999
Conversion Rates
Conversion Rates Bank Bali's conversion rates on March 29, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,820.00 8,880.00 8,820.00 8,920.00Australian dollar 1 5,575.30 5,655.75 5,550.00 5,705.00Austrian schilling 1 687.31 696.99Belgian franc 1 234.45 237.
Tue, 30 Mar 1999
Zawawi to appear in court soon
Zawawi to appear in court soon JAKARTA (JP): The Jakarta Prosecutor's Office is expected to submit to the North Jakarta District Court this week dossiers detailing the alleged involvement in corrupt practices of former head of the Jakarta Logistics Agency (Dolog Jaya) Ahmad Zawawi.
Tue, 30 Mar 1999
Bantimurung National Park's butterflies in danger
Bantimurung National Park's butterflies in dangerBy Jupriadi MAROS, South Sulawesi (JP): Butterflies, one of the most beautiful species in the world, are widely found in Bantimurung, Maros, 45 kilometers north of Ujungpandang.
Tue, 30 Mar 1999
PPP's Djafar appointed to chair elections committee
PPP's Djafar appointed to chair elections committee JAKARTA (JP): Head of the United Development Party's (PPP) Jakarta chapter, Djafar Badjeber, was appointed chairman of the Provincial Elections Committee (PPD I) for the capital on Saturday.
Tue, 30 Mar 1999
Govt to issue travel ban on bad bankers
Govt to issue travel ban on bad bankers JAKARTA (JP): The government will slap travel bans on the owners and executives of 38 recently liquidated banks on Tuesday, the minister of justice said on Monday.
Tue, 30 Mar 1999
WB urged to postpone aid package
WB urged to postpone aid package JAKARTA (JP): About 100 people protested in the lobby of the 31-story Jakarta Stock Exchange (BEJ) tower on Monday, demanding World Bank (WB), whose offices are in the building, postpone the disbursement of its Rp 109.
Tue, 30 Mar 1999
Rallies allowed in public sites
Rallies allowed in public sites JAKARTA (JP): The General Elections Commission (KPU) ruled on Monday that political rallies would be permitted in public places, and the number of participants would not be limited.
Tue, 30 Mar 1999
Brawl kills three in Manggarai
Brawl kills three in Manggarai MAUMERE, East Nusa Tenggara: At least three people were killed when residents from two villages in Manggarai Regency clashed over the weekend, Pos Kupang reported on Monday.
Tue, 30 Mar 1999
Former village head killed
Former village head killed KENDAL, Central Java: A former village head was killed and 14 homes were destroyed in a riot during a village election in Margorejo in the Cepiring district here.Several recent village head elections in Central Java have similarly ended in violence.Kendal Police chief Lt.
Tue, 30 Mar 1999
TV today
TV todayTVRI 5:30 a.m. Religious Teachings 6:00 Morning News 7:00 Children's Program 7:30 TV Series 8:00 Music 8:30 Tour and Travel 9:00 Music 10:00 Interval 2:00 p.m. News 2:35 Cartoon 3:05 Variety Show 3:30 Village Program 4:00 Regional News 4:30 Music 5:00 English Lessons 5:30 TV Drama 6:00 News...
Tue, 30 Mar 1999
Asian recovery could take decades: Hewson
Asian recovery could take decades: Hewson CANBERRA (AP): Former conservative leader John Hewson on Monday warned that Asia could take decades to recover from its economic crisis, and more contagion is possible if major economies devalue their currencies.
Tue, 30 Mar 1999
ICJ calls for trial of human rights violators in Aceh
ICJ calls for trial of human rights violators in Aceh JAKARTA (JP): The Geneva-based International Commission of Jurists (ICJ) called on the government on Monday to send alleged human rights perpetrators in the troubled province of Aceh to trial.
Tue, 30 Mar 1999
Major parties back KPU's code of conduct
Major parties back KPU's code of conduct JAKARTA (JP): All major political parties, excluding the Golkar Party, gave a thumbs up to the General Election Commission's campaign code of conduct barring political parties from recruiting state officials, including ministers, from campaigning.
Tue, 30 Mar 1999
Banyuwangi's regent resigns
Banyuwangi's regent resigns Banyuwangi Regent, T. Purnomo Sidik has finally resigned from his post. He stepped down after an organization known as the Group of 101 insisted that he relinquish the position.
Tue, 30 Mar 1999
Winsurfers gear up for Olympic qualifications
Winsurfers gear up for Olympic qualifications JAKARTA (JP): National windsurfers Oka Sulaksana and Fadli Faizal must be ranked among the top 20 in the world in order to qualify for the 2000 Olympics in Sydney, coach Iskandar Sitompul said on Monday.
Tue, 30 Mar 1999
Asian markets fall as buyers stay out
Asian markets fall as buyers stay out TOKYO (AFP): Asian stock markets with the exception of Shanghai tumbled Monday as buyers stayed on the sidelines in the absence of fresh incentives, dealers said.Shanghai B shares, technically reserved for foreign investors, rose 6.
Tue, 30 Mar 1999
Secretaries: Be-all, end-all of firms
Secretaries: Be-all, end-all of firmsBy Lena Rosenthal JAKARTA (JP): Painting their fingernails, making coffee or showing off their oh-so-short miniskirt, a present from the boss, the stereotypical secretary was never thought to belong to the "smart crew" of any business.
Tue, 30 Mar 1999
RI, foreign banks agree on debt solution
RI, foreign banks agree on debt solution JAKARTA (JP): The government and a group of 13 foreign banks announced in a joint statement released on Monday that they had reached an agreement on the terms to restructure the debts of cash-strapped Indonesian banks.
Tue, 30 Mar 1999
Where to go in Bandung:
Where to go in Bandung:Exhibitions * Photo Exhibition: Germany Advertisement Photograph in 1925- 1988, at Galeri Soemardja, Bandung Institute of Technology, Jl. Ganesha 10, 9 a.m. to 5 p.m., until April 10.
Tue, 30 Mar 1999
Swiss activist detained
Swiss activist detained KUCHING, Malaysia (AP): A Swiss activist who lived for years with one of the "lost tribes of Borneo" and who is banned from Malaysia for his battle against the logging that has depleted their rain forest habitat, was detained on Monday.
Tue, 30 Mar 1999
Renewal of spirit
Renewal of spirit I am not in favor of, or against any group or political party. Please read my words; I am in favor of renewal of spirit in every field, if that is possible. Statesmen with vision should see every development in an historical perspective.
Tue, 30 Mar 1999
Bank recapitalization is on track: Officials
Bank recapitalization is on track: Officials JAKARTA (JP): Minister of Finance Bambang Subianto and Bank Indonesia Governor Sjahril Sabirin reassured the public on Monday that the government's bank recapitalization program was proceeding as scheduled.
Tue, 30 Mar 1999
Indosat's credit card call
Indosat's credit card call JAKARTA (JP): State-owned international call operator PT Indosat, in cooperation with Citibank, Indonesia, on Monday launched a new service called Credit Card Calling Service.
Tue, 30 Mar 1999
RI to join Korean expo
RI to join Korean expo JAKARTA (JP): The government is to send a delegation to South Korea to promote Indonesia's tourism industry at the Kangwon International Tourism Expo, governor of South Korea's Kangwon province Kim Jun Sun said here on Monday.
Tue, 30 Mar 1999
Astra Agro's profits soar
Astra Agro's profits soar JAKARTA (JP): Publicly listed PT Astra Agro Lestari reported on Monday its net profits jumped by 146.6 percent to Rp 223.4 billion in 1998 from Rp 90.6 billion the previous year.The soaring profits resulted from the increase in net sales to Rp 853.
Tue, 30 Mar 1999
Supreme Court initiatives vital for free polls
Supreme Court initiatives vital for free polls JAKARTA (JP): A poll monitoring body urged the Supreme Court on Monday to take the initiative to secure a free and fair general election.The Independent Poll Monitoring Commission (KIPP) said in its recent report on election developments that the...
Tue, 30 Mar 1999
GE Capital Service to buy majority stake in Bank Bali
GE Capital Service to buy majority stake in Bank Bali JAKARTA (JP): GE Capital Services, the financial arm of the U.S.-based General Electric Co., plans to acquire a majority stake in Bank Bali, a bank director confirmed on Monday.
Tue, 30 Mar 1999
Elections commission on learning curve
Elections commission on learning curve JAKARTA (JP): The 20-day-old, 53-member General Elections Commission (KPU) is learning-by-doing as it attempts to foster democracy through the implementation of a free and fair general election this year.
Tue, 30 Mar 1999
Alleged vehicle thief shot dead
Alleged vehicle thief shot dead JAKARTA (JP): South Jakarta Police shot dead a man for allegedly resisting arrest early Monday, after he was caught trying to steal a car parked in the Bukit Duri area in Tebet, an officer said.City Police spokesman Lt. Col.
Tue, 30 Mar 1999
Madurese evacuation to Pontianak suspended
Madurese evacuation to Pontianak suspended SINGKAWANG, West Kalimantan (JP): As peace and order gradually returns to Sambas, Regent Tarya Aryanto discontinued the evacuation of local Madurese refugees to Pontianak, citing the crowded refugee centers in the provincial capital.
Tue, 30 Mar 1999
Madura power by September
Madura power by September PAMEKASAN, East Java: State electricity company PLN will install two gas-fueled power plants for the blacked-out island of Madura, an official said on Sunday.Head of PLN Java-Bali power distribution Rahmat Hariyanto told Antara on Sunday the two power plants were expected...
Tue, 30 Mar 1999
Who will triumph at the polls?
Who will triumph at the polls? This is the second of two articles on the mapping of Indonesian politics prepared by Lance Castle, a visiting lecturer in political science at Gadjah Mada University, Yogyakarta.
Tue, 30 Mar 1999
BBD offers high severance pay
BBD offers high severance pay JAKARTA (JP): State-owned Bank Bumi Daya (BBD) will provide up to Rp 150 million (about US$17,000) in severance pay to bank officials who choose to resign or take an early retirement.
Tue, 30 Mar 1999
Pistol found near airport
Pistol found near airport TANGERANG (JP): Head of the Soekarno-Hatta International Airport Police subprecinct Capt. Titik Valentina found a revolver dumped by two unidentified man riding a motorcycle in a street near the airport on Saturday night.
Tue, 30 Mar 1999
Habibie, KPU still at odds over ministers
Habibie, KPU still at odds over ministers JAKARTA (JP): President B.J. Habibie and the General Elections Commission (KPU) are still at loggerheads over the question of Cabinet ministers participating in election campaigns.
Tue, 30 Mar 1999
GMI halts expansion plan due to crisis
GMI halts expansion plan due to crisis JAKARTA (JP): Automotive producer General Motors Indonesia (GMI) has put on hold some of its local expansion projects due to the economic crisis.GMI's president William S.
Tue, 30 Mar 1999
Promises must be kept
Promises must be keptFrom Media IndonesiaIn the last few days we have been reading media reports on the controversy of whether or not ministers in the reform Cabinet will be permitted to join election campaigns following the aspirations of their respective political parties.
Tue, 30 Mar 1999
Pelindo unit sale not undervalued, says govt official
Pelindo unit sale not undervalued, says govt official JAKARTA (JP): The government denied on Monday allegations that the sale of PT Jakarta International Container Terminal, a unit of state-owned port operator PT Pelindo II, to Hong Kong's Hutchison Whampoa was undervalued.
Tue, 30 Mar 1999
Davis Cup
Davis Cup Correction: In Monday's Davis Cup story on page seven, it was written ... "While the Indonesian team ... crashed to Qatar 5-0." It should have been "... the Indonesian team crushed Qatar 5-0. We apologize for the error. -- The editor
Tue, 30 Mar 1999
Indonesian Recovery to buy corporate debt
Indonesian Recovery to buy corporate debt HONG KONG (AFP): Hong Kong-based Asia Debt Management and Indonesia's PT Bhakti Investama Tbk said on Monday they had formed a joint venture to buy corporate debt and other tradable assets in the Southeast Asian nation.