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Tue, 31 Aug 1999
Separation pay not ethical
Separation pay not ethical The pros and cons about the decision to give separation pay worth Rp 150 million to each of the outgoing members of the House of Representatives have led to polemics with various assumptions and allegations being exposed in our mass media, all basically questioning the...
Tue, 31 Aug 1999
APPC provides links to NGOs
APPC provides links to NGOs JAKARTA (JP): Asia Pacific Philanthropy Consortium (APPC), an organization dedicated to charity and community service, said on Monday it was ready to match Indonesian corporations with local non-governmental organizations (NGOs).
Tue, 31 Aug 1999
1.3 percent not 13 percent
1.3 percent not 13 percent We refer to your article titled Riau pulp's production falls 13 percent, says ARH (The Jakarta Post, Aug. 5, 1999).We would like to bring to your attention the fact that there was an error in the headline. The headline should read as Riau pulp's production falls 1.
Tue, 31 Aug 1999
Phone firm doesn't pick up the phone
Phone firm doesn't pick up the phone On Aug. 26, 1999, my boss was departing to the U.S. and asked me to check whether his Simpati, SIM card from Telkomsel is able to "roam" in Boston. I called 8282811, Telkomsel's customer service number. I made the call from 8 a.m. until midday without success.
Tue, 31 Aug 1999
Lift restrictions in airline industry: INACA
Lift restrictions in airline industry: INACA JAKARTA (JP): The Indonesian National Air Carriers Association (INACA) has called on the government to lift restrictions disallowing foreign equity investors to acquire a majority stake in local chartered airlines.
Tue, 31 Aug 1999
Oil prices inch up after oil ministers meet
Oil prices inch up after oil ministers meet TOKYO (Reuters): Crude oil prices edged higher in early Asian trade on Monday after ministers from three key oil-producing nations on Saturday reiterated their commitment to maintaining oil production cuts until March 2000.
Tue, 31 Aug 1999
KPN to quit Telkomsel
KPN to quit Telkomsel AMSTERDAM (Dow Jones): Dutch telecommunications company Royal KPN NV (KPN) said Monday that it plans to offer a so-called free- access Internet service, and that it would consider selling its stake in PT Telkomsel, its Indonesian operations.
Tue, 31 Aug 1999
Dismiss civilian forces: Observers
Dismiss civilian forces: Observers JAKARTA (JP): Political observers supported on Monday Amien Rais' recent call for the dissolution of militias of supporters of presidential candidates Megawati Soekarnoputri and B.J. Habibie.Nurcholish Madjid, Syamsuddin Haris and Muhammad A.S.
Tue, 31 Aug 1999
Astra back in the black
Astra back in the black JAKARTA (JP): Publicly listed PT Astra International reported on Monday a consolidated net profit of Rp 496 billion (about US$66 million) in the first half of this year, a meaningful recovery from losses of Rp 2.85 trillion in the same period last year.
Tue, 31 Aug 1999
Labuan offshore banks post losses
Labuan offshore banks post losses KUALA LUMPUR (Dow Jones): Offshore banks operating in Malaysia's tax haven of Labuan island on the north coast of Borneo posted a pretax loss of US$268.9 million for 1998, swinging from a pretax profit of $120.3 million the year before.
Tue, 31 Aug 1999
Where to go in Bandung:
Where to go in Bandung:Exhibition * Painting Exhibition by Pupung, at Gedung Antik Yayasan Pusat Kebudayaan, Jl. Naripan 7-9 (Phone: 022 435639), Aug. 31 to Sept. 3.Performances * Puppet Show, at Gedung Kesenian Rumentang Siang, Jl. Baranang Siang 1, Kosambi (Phone: 022 433562), 9:30 p.m., Sept. 4.
Tue, 31 Aug 1999
Men's doubles team expected to do well: PBSI
Men's doubles team expected to do well: PBSIBy Primastuti Handayani DENPASAR (JP): Indonesia's new partnerships in the men's doubles are expected to create surprises in the US$150,000 Sanyo Indonesia Open, which will start here on Wednesday.
Tue, 31 Aug 1999
Malaysia deports 25 Indonesians
Malaysia deports 25 Indonesians MEDAN, North Sumatra: Malaysia has deported 25 Indonesian workers for not having passports and they are expected to arrive at the Belawan port of Medan this week, Imam Soeparapto of the Immigration office here told Antara.
Tue, 31 Aug 1999
Indonesia and the future of ASEAN
Indonesia and the future of ASEAN This is the second of two articles based on an address by Rodolfo C. Severino, Secretary-General of the Association of Southeast Asian Nations, at a conference on "ASEAN Into the New Millennium: The Road Ahead" sponsored by the Indonesia Council on World Affairs in...
Tue, 31 Aug 1999
Conversion Rates
Conversion Rates Bank Indonesia's conversion rates on Aug. 30, 1999: Buying Selling Rp Rp U.S. dollar 1 7,661.00 7,739.00Australian dollar 1 4,828.73 4,881.76Austrian schilling 1 582.86 589.35Belgian franc 1 198.82 201.03Brunei dollar 1 4,538.24 4,587.16Canadian dollar 1 5,138.85 5,192.
Tue, 31 Aug 1999
East Timorese go to polling stations across Indonesia
East Timorese go to polling stations across Indonesia JAKARTA (JP): Thousands of East Timorese living outside the province thronged to polling stations across the country on Monday. Proindependence leader Jose Alexander "Xanana" Gusmao was among at least 1,622 East Timorese who cast their votes in...
Tue, 31 Aug 1999
Message by the Charge d'Affaires a.i. on Malaysia's National Day
Message by the Charge d'Affaires a.i. on Malaysia's National Day As Malaysia celebrates its 42nd anniversary on 31 August 1999, I would like to take this opportunity to express satisfaction on the state of bilateral relations currently enjoyed by Malaysia and Indonesia.
Tue, 31 Aug 1999
Nomura Jafco to close funds
Nomura Jafco to close funds JAKARTA (JP): PT BNI Nomura Jafco Investment and Singapore- based Nomura/Jafco Investment (Asia) Ltd. have sold their entire shares in publicly listed cosmetics producer PT Tancho Indonesia in line with the close of their investment funds.
Tue, 31 Aug 1999
American arrogance
American arrogance Once again, the United States is displaying its arrogance and double-standard in matters of foreign policy. The sincerity of Indonesia's commitment in holding a referendum in East Timor is a good deal better than Washington's commitment in the case of the Israeli-Palestinian...
Tue, 31 Aug 1999
Can capital markets beat crisis?
Can capital markets beat crisis?By Rini M.S. Soewandi The following article is based on a paper presented at the Capital Market Conference on Aug. 24, 1999 in Jakarta. JAKARTA (JP): The role of business is critical at this time in pushing along what we hope is the beginnings of recovery.
Tue, 31 Aug 1999
Observers praise East Timor ballot
Observers praise East Timor ballot JAKARTA (JP): Both local and international observers responded favorably to the largely peaceful direct ballot in East Timor on Monday.Indonesian Minister of Foreign Affairs Ali Alatas, who helped broker the historic vote in East Timor, told the Associated Press...
Tue, 31 Aug 1999
Severed head meets body in Purworejo
Severed head meets body in Purworejo JAKARTA (JP): A severed head discovered in Jakarta last Friday matched a body found in Bajan, a district of the Central Java city of Purworejo, Jakarta Police chief Maj. Gen. Noegroho Djajoesman said on Monday.
Tue, 31 Aug 1999
Banten area expects tourist boom to start next year
Banten area expects tourist boom to start next year The Jakarta Post in cooperation with PT Banten West Java Tourism Development Corporation, will be presenting weekly issues over the next six months on the attractions and activities of the Banten region.
Tue, 31 Aug 1999
KPU told to revoke seat allocation decree
KPU told to revoke seat allocation decree JAKARTA (JP): President B.J. Habibie has demanded the revocation of an election commission decree granting legislative seats to parties that failed at the ballot box, Antara said on Monday.
Tue, 31 Aug 1999
Habibie says Aceh referendum impossible
Habibie says Aceh referendum impossible JAKARTA (JP): Aceh students demonstrated in Banda Aceh on Monday, demanding a referendum to determine their own future, while President B.J. Habibie here flatly denied this was possible.
Tue, 31 Aug 1999
Editor jailed for 6 months over falsified report
Editor jailed for 6 months over falsified report JAKARTA (JP): South Jakarta District Court on Monday sentenced managing editor of biweekly Warta Republik tabloid, Hoessein Madilis, to six months in jail for publishing a falsified report of an alleged triple sex scandal, involving former vice...
Tue, 31 Aug 1999
Writing on the wall
Writing on the wall President B.J. Habibie's staunch supporters may understandably take International Monetary Fund (IMF) and World Bank pressure for a speedy and satisfactory resolution of the Bank Bali scandal as a game of power politics, capitalizing on the case to damage Habibie's chances in...
Tue, 31 Aug 1999
Youths ask Pertamina to clarify US$6.1b graft
Youths ask Pertamina to clarify US$6.1b graft JAKARTA (JP): About 60 activists from several youth organizations demanded on Monday that state-owned oil and gas company Pertamina clarify an independent financial audit showing that it had incurred losses of US$6.
Tue, 31 Aug 1999
BCM survives bankruptcy suit
BCM survives bankruptcy suit JAKARTA (JP): The Central Jakarta Commercial Court has rejected a bankruptcy claim filed by listed Bank Internasional Indonesia (BII) against the debt guarantors of PT Bentala Coal Mining (BCM) on procedural reasons.Purwoko J.
Tue, 31 Aug 1999
Two bodies found in Bogor
Two bodies found in Bogor BOGOR (JP): Two male bodies were found here at separate places on Monday.The first body, identified as an ojek (motorcycle taxi) driver, was found by Pasir Maung villagers residents of Cijayanti hamlet in Citeureup at 6:30 a.m.
Tue, 31 Aug 1999
Indonesia regrets KL's proposal to delay cut in tariffs
Indonesia regrets KL's proposal to delay cut in tariffs JAKARTA (JP): Minister of Industry and Trade Rahardi Ramelan said on Monday that Indonesia regretted Malaysia's proposal to delay the cut in tariffs on automotive products by the year 2000 as agreed to in the Association of Southeast Nations...
Tue, 31 Aug 1999
House to summon banking authorities
House to summon banking authorities JAKARTA (JP): The House of Representatives will summon Minister of Finance Bambang Subianto, Indonesian Bank Restructuring Agency (IBRA) chairman Glenn S. Yusuf and Bank Indonesia Governor Sjahril Sabirin on Thursday to disclose their findings in the Bank Bali...
Tue, 31 Aug 1999
Former councilors urged to return cars
Former councilors urged to return cars JAKARTA (JP): The City Council expects 11 former councilors to return their official cars so they can be used by the newly elected councilors, an official said on Friday.
Tue, 31 Aug 1999
Prosecutor demands two years for Tommy
Prosecutor demands two years for Tommy JAKARTA (JP): Prosecutors asked the South Jakarta District Court on Monday to sentence the two key figures in wholesale firm Goro's land exchange deal with the State Logistics Agency (Bulog), Hutomo "Tommy" Mandala Putra and Ricardo Gelael, to two years in...
Tue, 31 Aug 1999
Zurich opens service center
Zurich opens service center JAKARTA (JP): Indonesia's Zurich Financial Services officially opened on Monday its new sales and service center at Gedung Rifa in South Jakarta. The service center is designed as an integrated service for the company's life and nonlife insurance customers.
Tue, 31 Aug 1999
Pertamina receives loan
Pertamina receives loan JAKARTA (JP): U.S. Exim Bank has agreed to provide state-owned oil and gas company Pertamina with a US$285 million loan facility to refinance part of its debt to an international bank syndication led by Hong Kong's Citicorp, Pertamina said on Monday.
Tue, 31 Aug 1999
KONI short of funds: Official
KONI short of funds: Official JAKARTA (JP): National Sports Council (KONI) deputy chairman Arie Sudewo said on Wednesday that KONI had not succeeded in securing sufficient funds to finance sports development or to send athletes to sports events.
Tue, 31 Aug 1999
State security bill needed, Muladi says
State security bill needed, Muladi says JAKARTA (JP): Minister of Justice Muladi said on Monday that despite mounting criticism against the draft of the state security bill, the government would not veto it.
Tue, 31 Aug 1999
3-in-1 kids rally for release of friends
3-in-1 kids rally for release of friends JAKARTA (JP): A group of 25 three-in-one people staged a rally in front of the City Hall, demanding their friends, netted in a city-sponsored raid last week, be freed soon.
Tue, 31 Aug 1999
SSX to trade new bonds
SSX to trade new bonds SURABAYA (JP): The Surabaya Stock Exchange (SSX) said on Monday it has signed a preliminary agreement with six local companies for the listing of their Rp 6 trillion (about US$790 million) worth of bonds at the exchange.
Tue, 31 Aug 1999
Thieves threaten turtle conservation at Sukamade coast
Thieves threaten turtle conservation at Sukamade coastBy Gin Kurniawan and M. Falach BANYUWANGI, East Java (JP): At daybreak, a sampan arrives and three passengers leap out of it. They walk stealthily along the coast and pierce the white sand of the beach with their iron sticks.
Tue, 31 Aug 1999
Malaysia agrees to help finance Indonesia's rice imports
Malaysia agrees to help finance Indonesia's rice imports JAKARTA (JP): Minister of Trade and Industry Rahardi Ramelan said on Monday that Malaysia had pledged to finance the procurement of 500,000 metric tons of rice for crisis hit Indonesia.
Tue, 31 Aug 1999
Do not repeat 1965 massacre: Gerwani
Do not repeat 1965 massacre: Gerwani JAKARTA (JP): A former executive of Gerakan Wanita Indonesia (Gerwani), a women's group associated with the now defunct Indonesian Communist Party (PKI), has called on Indonesia's younger generation not to repeat the mistakes of their predecessors who in 1965...
Tue, 31 Aug 1999
BNI loses Rp 2.85 trillion
BNI loses Rp 2.85 trillion JAKARTA (JP): Publicly listed Bank Negara Indonesia (BNI) reported on Monday unaudited first half net losses of Rp 2.85 trillion (US$371.92 million), compared to a net profit of Rp 70.68 billion in the same period last year.
Tue, 31 Aug 1999
Hariyanto's decision to quit Indonesia deplored
Hariyanto's decision to quit Indonesia deplored JAKARTA (JP): The National Sports Council (KONI) deplored the decision taken by national badminton player Hariyanto Arbi to switch allegiance from Indonesia to Singapore after he finishes competing in the five-day Indonesia Open in Bali starting on...
Tue, 31 Aug 1999
Coal mining may sink island
Coal mining may sink island BANJARMASIN, South Kalimantan: Sebuku island may sink if coal mining activities there are continued, a local activist of the Indonesian Forum for Environment (Walhi), an environmental watchdog, said here on Sunday.
Tue, 31 Aug 1999
Asabri scam suspect to face land debt suit
Asabri scam suspect to face land debt suit JAKARTA (JP): Businessman Henri Leo, the main suspect in a Rp 410 billion (US$55.4 million) insurance scam at armed forces insurer Asabri, is now in further trouble after his 38-hectare plot in West Java, to be used to repay his debts, has been claimed by...
Tue, 31 Aug 1999
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 30, 1999: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 475 0 0 AHAP Insurance 525 0 0 Alakasa Industrindo 275 0 0 Alter Abadi 250 0 0 Alumindo Light Metal...
Tue, 31 Aug 1999
New University of Yogyakarta opens
New University of Yogyakarta opens YOGYAKARTA: The Teachers Training Institute (IKIP) of Yogyakarta was officially declared a state university under the new name of University of Yogyakarta on Saturday.
Tue, 31 Aug 1999
Hotel Mulia holds social program
Hotel Mulia holds social program JAKARTA (JP): Hotel Mulia Senayan on Jl. Asia Afrika in South Jakarta organized its first social welfare program on Friday, providing free circumcision for 77 children in the neighborhood.