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Fri, 16 Apr 1999
East Java soldiers' wives urged to quit PDI, PKB
East Java soldiers' wives urged to quit PDI, PKB JAKARTA (JP): Members of the Armed Forces (ABRI) in East Java will have to bear the consequence if their wives refuse to resign from political parties, an officer said here on Thursday.The commander of the Brawijaya regional military command, Maj.
Fri, 16 Apr 1999
Beefing up consumer protection
Beefing up consumer protectionBy Stefanus Haryanto BATAM, Riau (JP): The bill on consumer protection, which has been unanimously approved by the House of Representatives (DPR), will provide a strong legal basis for consumer organizations to file lawsuits against manufacturers of certain defective...
Fri, 16 Apr 1999
Recapitalization agreement signed
Recapitalization agreement signed JAKARTA (JP): The government will issue bonds in two weeks to raise funds to recapitalize nine private banks, a process which will cost a total of some Rp 21.3 trillion (US$2.5 billion).
Fri, 16 Apr 1999
Robbers kill bank security guard, wounds manager
Robbers kill bank security guard, wounds manager JAKARTA (JP): A security guard at a branch of Bank Central Asia (BCA) in West Jakarta was fatally stabbed and the bank manager suffered stab wounds in an foiling armed robbery on Thursday afternoon.The incident at the branch on Jl.
Fri, 16 Apr 1999
MAS expands in London, NY
MAS expands in London, NY SINGAPORE (DPA): The Monetary Authority of Singapore (MAS) has opened a London representative office and expanded its New York facilities in an effort to promoting the city-state as an international financial center amid the Asian economic crisis.
Fri, 16 Apr 1999
Riot mars village head election
Riot mars village head election PURWOKERTO, Central Java: Election for a village head in the Patikraja district, Banyumas regency was canceled Thursday, leading to a riot in which hundreds of people destroyed polling booths and ballots.
Fri, 16 Apr 1999
Inglorious verdict
Inglorious verdict The six-year prison sentence passed on Malaysia's former deputy prime minister Anwar Ibrahim on Wednesday is considered by many to be overly harsh and a violation of the principles of natural justice.
Fri, 16 Apr 1999
Parties prepare potential vote getters
Parties prepare potential vote getters JAKARTA (JP): Some of the top contenders in the June 7 general election are fielding their leading campaigners as legislative candidates. In some cases, provincial chapters are racing to nominate the same people.
Fri, 16 Apr 1999
Rothmans protests new excise policy
Rothmans protests new excise policy JAKARTA (JP): Cigarette producer PT Rothmans of Pall Mall Indonesia, a unit of Australia's Rothmans Holding Limited, lodged a protest on Thursday against the new cigarette excise, saying the tax would kill its business.
Fri, 16 Apr 1999
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 15, 1999: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 400 0 157,500 AHAP Insurance 425 0 0 Alakasa Industrindo 75 0 20,000 Alter Abadi 225 0 0 Alumindo Light...
Fri, 16 Apr 1999
Daniri elected new president of JSX to replace Cyril Noerhadi
Daniri elected new president of JSX to replace Cyril Noerhadi JAKARTA (JP): Members of the Jakarta Stock Exchange (JSX) elected on Thursday Mas Achmad Daniri as the exchange's new president, replacing D. Cyryl Noerhadi.
Thu, 15 Apr 1999
Marvelous Asia in the eyes of a banker
Marvelous Asia in the eyes of a bankerBy K. Basrie JAKARTA (JP): The dividing line between Asia and Europe is still debatable. But the "border" is very much clear for the private life of Paul Beiboer, a Dutch photography enthusiast and Asia-based banker by profession.
Thu, 15 Apr 1999
Clean election more crucial than turnout, says Habibie
Clean election more crucial than turnout, says Habibie JAKARTA (JP): President B.J. Habibie on Wednesday shrugged off expectations of low voter turnout for the June 7 general election, saying it was more important for the elections to be clean.
Thu, 15 Apr 1999
The Cold War may be reignited
The Cold War may be reignitedBy Muhammad Takdir JAKARTA (JP): On consecutive days in mid-March 1999, the Senate and House voted in Capitol Hill to endorse the national missile defense system. Their votes signified the closest deployment of the most advanced technology in missile defense technology...
Thu, 15 Apr 1999
'Aufklarung' for new RI
'Aufklarung' for new RIFrom NeracaChanging a paradigm is not a simple matter. The pattern adopted during 32 years of New Order rule may have turned into an axiom, especially if a bad paradigm has been implanted coercively by means of power in pursuit of goals devoid of morality.
Thu, 15 Apr 1999
Governor satisfied with registration
Governor satisfied with registration JAKARTA (JP): Governor Sutiyoso expressed his satisfaction on Wednesday with the many Jakartans registering for the June 7 general election.He said 65 percent of all eligible voters had registered by Tuesday."This is spectacular.
Thu, 15 Apr 1999
One killed in helicopter accident
One killed in helicopter accident JAKARTA (JP): A helicopter chartered by ARCO Indonesia crashed on Wednesday off the coast of West Java, killing at least one passenger.A spokesman for state oil and gas company Pertamina, Toto Suparto, told The Jakarta Post that three other people on board the...
Thu, 15 Apr 1999
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 14, 1999: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 400 0 318,500 AHAP Insurance 425 0 0 Alakasa Industrindo 75 0 0 Alter Abadi 225 0 0 Alumindo Light Metal...
Thu, 15 Apr 1999
Indonesian sees recovery in tourism industry
Indonesian sees recovery in tourism industry SINGAPORE (AFP): Indonesian tourism authorities expressed confidence Wednesday the country's battered travel industry will recover this year in the wake of negative publicity over sectarian riots.
Thu, 15 Apr 1999
An expert's testimony
An expert's testimony An article in the April 12 issue of The Jakarta Post on the identification of areas of possible future unrest in Indonesia appears to have incorrectly applied the background of at least one of the two major contributors to the article.
Thu, 15 Apr 1999
CAPI provides a platform for visiting scholars
CAPI provides a platform for visiting scholarsBy Dewi Anggraeni VICTORIA, Canada (JP): Victoria, the pretty and neat capital of British Columbia in Canada, is not a place one would expect to see a reunion of Indonesians.
Thu, 15 Apr 1999
Southeast Asian currencies strengthen on yen's rally
Southeast Asian currencies strengthen on yen's rally SINGAPORE (Dow Jones): A rally in the Japanese yen, which saw the U.S. dollar tumble to a low of 118.92 yen in Asian trading hours, triggered a steep run-up in Southeast Asian currencies Wednesday.
Thu, 15 Apr 1999
RI's macroeconomic situation remains difficult
RI's macroeconomic situation remains difficult The following is the International Monetary Fund's Public Information Notice (PIN) No. 99/33 issued on April 13 reviewing the situation in Indonesia. WASHINGTON: On March 25, 1999 , the Executive Board concluded the 1999 Article IV consultation with...
Thu, 15 Apr 1999
Two dignified sisters
Two dignified sisters Two sisters, Ibu Titi Subyakto and Ibu Rahmi Hatta, creme de la cerme of Indonesia's high society, have just passed away.They were beautiful, dignified and sophisticated, yet humble and very kind.We all have beautiful memories of them.May God bless their souls.
Thu, 15 Apr 1999
Singapore in top rank
Singapore in top rank SINGAPORE (AP): Expatriate businessmen in Asia have rated Singapore first among countries in the region for its response to a nearly two-year-old economic crisis, according to survey results reported Wednesday.
Thu, 15 Apr 1999
Soeharto says fair election 'difficult'
Soeharto says fair election 'difficult' TOKYO (Reuters): A climate of violence and fierce competition threatens the fairness of Indonesian general elections in June, former president Soeharto said in an interview published on Wednesday.
Thu, 15 Apr 1999
Attorney General to investigate bribery scandal
Attorney General to investigate bribery scandal BANDUNG, West Java (JP): The Attorney General's Office has formed a team to investigate alleged bribes given by Japanese companies to senior Indonesian officials.Attorney General Andi M.
Thu, 15 Apr 1999
Nikko sues local franchisee
Nikko sues local franchisee JAKARTA (JP): PT Nikko Securities Indonesia is filing a bankruptcy claim against listed food franchisee PT Putra Sejahtera Pioneerindo for failing to pay Rp 7.5 billion (around US$882,000) in promissory notes, a company official said on Tuesday.
Thu, 15 Apr 1999
64 bodies remain unburied in Maluku
64 bodies remain unburied in Maluku JAKARTA (JP): At least 64 bodies from communal clashes in Southeast Maluku regency earlier this month have not yet been buried in two villages in the area, Antara reported on Wednesday.
Thu, 15 Apr 1999
Sultan meets Malaysian PM
Sultan meets Malaysian PM KUALA LUMPUR (AP): Sultan Hassanal Bolkiah of Brunei paid a visit on Wednesday to Malaysian Prime Minister Mahathir Mohamad, who is recuperating from a lung infection at his private residence.
Thu, 15 Apr 1999
Informal talks likely after ceremony
Informal talks likely after ceremony HANOI (AP): Southeast Asian foreign ministers may hold unofficial talks after they admit Cambodia into their regional grouping on April 30, a Vietnamese official said on Wednesday.
Thu, 15 Apr 1999
Visa expands RI operation with new card
Visa expands RI operation with new card JAKARTA (JP): Visa International is expanding its operations in Indonesia despite the economic crisis, and it is planning a major campaign in May to promote its new Electron card, its representative here said on Wednesday.
Thu, 15 Apr 1999
Repair work sarts on damaged Madura underwater cables
Repair work sarts on damaged Madura underwater cables SURABAYA (JP): State electricity company PLN began on Wednesday repairs on two damaged underwater cables between Java and the outlying island of Madura.Head of PLN's East Java distribution office Hizban Achmad said the task would take two months.
Thu, 15 Apr 1999
Crossing the bridge to democracy
Crossing the bridge to democracy The threat that the planned general election will not be held (on June 7) seems to send the signal that both our bureaucrats and our reformists have lost interest in the fate of this country.
Thu, 15 Apr 1999
Mia gets another chance
Mia gets another chance JAKARTA (JP): The Badminton Association of Indonesia (PBSI) is allowing top women's shuttler Mia Audina to prepare for the Sudirman Cup and World Championships next month despite complaints over her undisciplined behavior.
Thu, 15 Apr 1999
Garuda Indonesia eyes return to stability this year
Garuda Indonesia eyes return to stability this year SINGAPORE (Agencies): Indonesia's debt-ridden state airline Garuda Indonesia is on target to meet its US$30 million profit target for 1999 and expects business to return to normal after this year's elections, an executive said on Wednesday.
Thu, 15 Apr 1999
Unfrel states readiness for poll monitoring
Unfrel states readiness for poll monitoring JAKARTA (JP): Four months after it was founded, the University Network for Free and Fair Elections (Unfrel) declared on Wednesday it was prepared for its poll monitoring tasks.
Thu, 15 Apr 1999
Inco to receive loans from parent company
Inco to receive loans from parent company JAKARTA (JP): PT International Nickel Indonesia said on Wednesday that its parent company Inco Limited of Canada would provide subordinate loans totaling US$200 million to support its activities.
Thu, 15 Apr 1999
CPO prices maintained
CPO prices maintained JAKARTA (JP): The Ministry of Industry and Trade has maintained reference prices used to calculate the payment of export taxes on crude palm oil (CPO) and its by-products.The ministry said on Wednesday the new reference prices would be effective until May 8.
Thu, 15 Apr 1999
World Bank acts firmly
World Bank acts firmly The World Bank, apparently determined not to repeat its past mistake of glossing over corruption in Indonesia, has acted firmly in safeguarding its aid. In what could be the most assertive stance it has ever taken in a policy dialog with the government, the bank decided to...
Thu, 15 Apr 1999
'Dewa Ruci' sets sail for U.S.
'Dewa Ruci' sets sail for U.S. SURABAYA: Seventy-three Navy cadets will head for the United States aboard training ship KRI Dewa Ruci on Sunday.This year's mandatory across-the-world sail will last five months.
Thu, 15 Apr 1999
Xanana calls for peace, dialog in East Timor
Xanana calls for peace, dialog in East Timor JAKARTA (JP): Jailed rebel leader Jose Alexandre "Xanana" Gusmao appealed for peace on Wednesday, but said he could not let East Timorese be slaughtered like animals.
Thu, 15 Apr 1999
Liza, Wukirasih fined for absences
Liza, Wukirasih fined for absences JAKARTA (JP): Singles players Liza Andriyani and Wukirasih Sawondari have been fined by the Women's Tennis Association (WTA) for missing tournaments.The Indonesian Tennis Association deputy secretary-general, Subiyanto, said on Wednesday that Liza had been fined...
Thu, 15 Apr 1999
BI keeps interest rate rule despite IMF's warning
BI keeps interest rate rule despite IMF's warning JAKARTA (JP): The country's monetary authority will continue to allow interest rates to fall despite a warning from the International Monetary Fund (IMF).
Thu, 15 Apr 1999
Mass plundering at plantations
Mass plundering at plantations SEMARANG: Some 1,000 hectares of plantations belonging to state and private companies in the provinces have been plundered or occupied in the past year, costing the firms hundreds millions rupiah in financial losses.
Thu, 15 Apr 1999
Conversion Rates
Conversion Rates Bank Bali's conversion rates on April 14, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,660.00 8,710.00 8,660.00 8,750.00Australian dollar 1 5,495.15 5,569.30 5,470.00 5,669.00Austrian schilling 1 675.39 684.29 - -Belgian franc 1 230.
Thu, 15 Apr 1999
Suggestions to Ancol Marina
Suggestions to Ancol Marina We would like to express our most sincere appreciation to Arthamara Wisata (Ancol Marina) and the staff at Bira Besar island for a most relaxing and enjoyable Easter weekend.
Thu, 15 Apr 1999
Govt to restructure bad corporate debts
Govt to restructure bad corporate debts JAKARTA (JP): The government has agreed to restructure the nonperforming loans of the 20 largest corporate debtors at the country's seven state banks, according to chairman of the Indonesian Bank Restructuring Agency (IBRA) Glenn S. Yusuf.
Thu, 15 Apr 1999
Sikhs have new temple in North Jakarta
Sikhs have new temple in North Jakarta JAKARTA (JP): Minister of Religious Affairs Malik Fajar inaugurated on Wednesday a new Sikh temple in Tanjung Priok, North Jakarta, in a ceremony attended by at least 500 members of the Indian Sikh and Sindhi communities here.
Thu, 15 Apr 1999
Police crack car theft rings, seize 26 vehicles
Police crack car theft rings, seize 26 vehicles JAKARTA (JP): Police have seized 26 stolen vehicles from three alleged auto theft gangs and have arrested 12 suspects since the start of this month, an officer said on Wednesday.Jakarta Police detectives chief Col.