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Wed, 25 Aug 1999
Time for introspection
Time for introspection The Bank Bali scandal continues to grab the attention of our national media, which continues to give it considerable coverage, while the end of the affair continues to be nowhere in sight.
Wed, 25 Aug 1999
Farmers meet in Kedungombo
Farmers meet in Kedungombo YOGYAKARTA: Farmers from Yogyakarta and the southern part of Central Java gathered for a regional congress in the disputed area of Kedungombo, Sragen, on Tuesday.The congress aims at setting up the founding of a farmers' organization, an advocate of the farmers said.
Wed, 25 Aug 1999
Indonesia urged to form body to protect rights of minority shareholders
Indonesia urged to form body to protect rights of minority shareholders JAKARTA (JP): The World Bank urged the Indonesian government on Tuesday to form an independent body to protect the minority shareholders of publicly listed companies.
Wed, 25 Aug 1999
Documentary on Islam set to speak to uninformed West
Documentary on Islam set to speak to uninformed WestBy Mehru Jaffer NEW YORK (JP): The possibility that Megawati Soekarnoputri, recently declared the most popular leader by voters, may still not make it to the top job in Indonesia is a puzzle to most Americans.
Wed, 25 Aug 1999
Kontras objects to new TNI commands
Kontras objects to new TNI commands JAKARTA (JP): The planned establishment of new military commands across the country will only serve to increase the potential for violence and the helplessness of the bureaucracy, an activist said on Tuesday.
Wed, 25 Aug 1999
GDP growth in 1999/2000 predicted at 2-4%
GDP growth in 1999/2000 predicted at 2-4% JAKARTA (JP): State Minister and Chairman of the National Development Planning Board (Bappenas) Boediono forecast on Tuesday that the economy would grow by between 2 percent and 4 percent in the current fiscal year ending in March 2000.
Wed, 25 Aug 1999
Bakrie to seal debt deal
Bakrie to seal debt deal SINGAPORE (Dow Jones): Indonesia's Bakrie & Brothers said it expects to seal a deal with creditors to restructure US$1.2 billion in debt by the end of September, the company's chairman, Aburizal Bakrie, said Tuesday.
Wed, 25 Aug 1999
American wanted in Philippines arrested in Jakarta
American wanted in Philippines arrested in Jakarta JAKARTA (JP): Officers from Interpol's National Central Bureau and detectives from the National Police have arrested a 54-year- old American following a request from Interpol in Manila, the Philippines.
Wed, 25 Aug 1999
Malaysia invading Spratlys: Manila
Malaysia invading Spratlys: Manila MANILA (AP): Structures recently built by Malaysia in disputed areas of the South China Sea include facilities with military purposes, a Philippine official said on Tuesday.
Wed, 25 Aug 1999
Conversion Rates
Conversion RatesBank Bali's conversion rates on August 24, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,625.00 7,725.00 7,625.00 7,755.00Australian dollar 1 4,825.00 4,926.00 4,800.00 4,951.00Austrian schilling 1 575.29 587.63 - -Belgian franc 1 196.
Wed, 25 Aug 1999
Mentari Satelindo
Mentari Satelindo As Mentari Satelindo subscriber, I am experiencing difficulty in the limited availability of Mentari cards.Of late it has been very hard to obtain Rp 100,000 cards to refill my account, even at official outlets. They only have Rp 250,000 cards and up.
Wed, 25 Aug 1999
Auditing Bank Indonesia
Auditing Bank Indonesia For the first time since the central bank became an autonomous monetary authority in mid-May by virtue of Law No. 23/1999 on Bank Indonesia, the institution may have to surrender itself to a special audit by another independent organization, PricewaterhouseCoopers, one of...
Tue, 24 Aug 1999
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 23, 1999: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 475 0 0 AHAP Insurance 525 0 0 Alakasa Industrindo 300 0 0 Alter Abadi 325 0 0 Alumindo Light Metal...
Tue, 24 Aug 1999
KPU forms team to end row over seats allocation
KPU forms team to end row over seats allocation JAKARTA (JP): The General Elections Commission (KPU) formed a team on Monday to formulate a decree on allocation of 120 remaining House of Representatives seats in a last ditch effort to settle months of fighting over vote-sharing agreements between...
Tue, 24 Aug 1999
Two die in crash on Bogor toll
Two die in crash on Bogor toll BOGOR (JP): Two people died and two others were in a critical condition after a car slid and crashed at Jagorawi toll road in Cimanggis subdistrict here on Sunday.The two fatalities, identified as Jesi and Indah, reportedly died instantly and their bodies were brought...
Tue, 24 Aug 1999
KONI to study Indonesia's poor showing at SEA Games
KONI to study Indonesia's poor showing at SEA Games JAKARTA (JP): The National Sports Council (KONI) will look for reasons behind poor performances in the 20th Southeast Asian (SEA) Games in Brunei Darussalam this month at a special meeting on Tuesday.
Tue, 24 Aug 1999
Too light a punishment
Too light a punishment The Bank Bali scandal is still being investigated and in this respect, the government does not seem to be making a serious effort to settle this case once and for all in a just and transparent manner.
Tue, 24 Aug 1999
Probe on Soeharto to be announced soon
Probe on Soeharto to be announced soon JAKARTA (JP): President B.J. Habibie is to announce on Thursday his decision regarding the sluggish investigation into former president Soeharto's alleged corruption, State Secretary/Minister of Justice Muladi revealed on Monday.
Tue, 24 Aug 1999
Indonesia set no target in swim meet
Indonesia set no target in swim meet JAKARTA (JP): The country has no gold medal target for the fourth ASEAN Schools Swimming Championship at Senayan despite the presence of seven team members from the 20th Southeast Asian (SEA) Games in Brunei Darussalam.
Tue, 24 Aug 1999
No pardon for Thai smugglers
No pardon for Thai smugglers JAKARTA: Three Thai nationals on death row inhabiting a North Sumatra jail were not among the 17,361 convicts across the country who had been granted a government pardon in commemoration of Indonesia's 54th Independence Day.
Tue, 24 Aug 1999
Activists call for world attention on Aceh violence
Activists call for world attention on Aceh violence JAKARTA (JP): A leading human rights activist in Aceh called on the international community not to turn a blind eye to the violence in the troubled province.
Tue, 24 Aug 1999
Bank NISP plans bond issue to boost lending
Bank NISP plans bond issue to boost lending JAKARTA (JP): Publicly listed Bank NISP will soon issue bonds worth Rp 500 billion (US$6.6 million) to boost its lending operation.The bank's president, Pramukti Surjaudaja, said on Monday that five-year bonds would be offered to the public between Sept.
Tue, 24 Aug 1999
SEA Games tennis players share in Rp 150m bonus
SEA Games tennis players share in Rp 150m bonus JAKARTA (JP): The national tennis team from the 20th Southeast Asian (SEA) Games received a bonus of Rp 150 million (US$20,436) from the Indonesia Tennis Association (Pelti) on Monday.
Tue, 24 Aug 1999
Conversion Rates
Conversion RatesBank Bali's conversion rates on Aug. 23, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,530.00 7,650.00 7,530.00 7,680.00Australian dollar 1 4,701.85 4,895.80 4,756.00 4,920.00Austrian schilling 1 580.95 594.98 - -Belgian franc 1 198.17 202.
Tue, 24 Aug 1999
1,010 teachers needed in Banggai
1,010 teachers needed in Banggai LUWUK, Central Sulawesi: At least 1,010 elementary teachers are needed in Banggai district in Central Sulawesi, Antara reported Monday.According to the head of the ministry of education and culture in Banggai, Harly Muma, there were some 60,000 elementary pupils in...
Tue, 24 Aug 1999
Haze covers the country's blue skies again
Haze covers the country's blue skies again With the onset of the dry season, sporadic forest fires, mainly in Kalimantan and Sumatra, have resulted with atmospheric haze affecting the country and again spreading to neighboring countries. The Jakarta Post's photographer Arief Suhardiman S.
Tue, 24 Aug 1999
Second round threat to democracy
Second round threat to democracyBy Sidesh Kaul JAKARTA (JP): As Indonesia awaits the outcome of its second democratic election since independence (the first democratically held election was in 1955), the aspirations of the people assume frightening proportions.
Tue, 24 Aug 1999
Banks need more than recapitalization: Expert
Banks need more than recapitalization: Expert JAKARTA (JP): The government-sponsored bank recapitalization program will do little to right the country's ailing banking sector if no measures are imposed to force the banks to operate more professionally, a noted German banking expert said on Monday.
Tue, 24 Aug 1999
Fired worker gets promoted
Fired worker gets promoted KUDUS, Central Java: About 1,000 workers of cigarette manufacturer PT Djarum Kudus demanded on Monday that the company reinstate one of the supervisors.The workers staged a protest since 5:30 a.m. until noon."We want our supervisor, Slamet Sidik back.
Tue, 24 Aug 1999
Gen. Wiranto defends state security bill
Gen. Wiranto defends state security bill JAKARTA (JP): Minister of Defense Gen. Wiranto deflected accusations on Monday that his office was seeking to grant excessive power to the government and the Indonesian Military when it drafted the controversial bill on state security now under deliberation...
Tue, 24 Aug 1999
Counterfeiters may get jail terms
Counterfeiters may get jail terms JAKARTA (JP): Prosecutors demanded on Monday that two staff at the State Secretariat be sentenced to six years in jail for allegedly forging documents to facilitate the import of goods belonging to a Spanish citizen.
Tue, 24 Aug 1999
Golkar youth chief murdered
Golkar youth chief murdered PEKANBARU, Riau: Syafli Tandjung, chairman of the local chapter of Pemuda Pancasila, known as the youth wing of the Golkar Party, was shot dead by an unidentified person on Sunday, Riau police spokesman S. Pandiangan said.
Tue, 24 Aug 1999
Bank Ekspor to channel loans via other banks
Bank Ekspor to channel loans via other banks JAKARTA (JP): The newly established state Bank Ekspor Indonesia (BEI), which will start operation on Sept.1, will channel its loans through appointed commercial banks, the bank's executive said here on Monday.
Tue, 24 Aug 1999
Councilors unhappy with historic site demolition
Councilors unhappy with historic site demolition JAKARTA (JP): City councilors expressed their disappointment on Monday over the demolition of the back part of the heritage listed Antara building on Jl. Antara in Central Jakarta.
Tue, 24 Aug 1999
Hotel occupancy rates 'continue to decline'
Hotel occupancy rates 'continue to decline' JAKARTA (JP): In spite of falling rental rates, virtually all property sectors showed declining occupancy rates in the second quarter of 1999. The only exception was the retail sector, according to property services company FPDSavills.
Tue, 24 Aug 1999
Dragons dance in Tangerang
Dragons dance in Tangerang TANGERANG (JP): After a 25-year absence, the traditional barongsai dragon dance regained its fame here on Sunday when city residents reintroduced the popular Chinese dance to mark the country's 54th Independence Day.Thousands of people from all walks of life thronged Jl.
Tue, 24 Aug 1999
S'pore avows to become 'first-world' economy
S'pore avows to become 'first-world' economy SINGAPORE (AFP): Prime Minister Goh Chok Tong said Sunday the government wanted to transform Singapore into a "first-world economy" and a "world-class home" to remain competitive in the next millennium.
Tue, 24 Aug 1999
Women presidential candidates
Women presidential candidatesFrom KompasAccording to recent media reports, intellectuals -- especially men -- got the jitters with the emergence of a woman who was nominated a presidential candidate. The reason was unclear, but they looked quite furious.
Tue, 24 Aug 1999
Four-year-old girl raped by neighbor
Four-year-old girl raped by neighbor JAKARTA (JP): Kebayoran Baru police in South Jakarta have arrested a 19-year-old man suspected of raping and molesting a four-year-old girl in his house on Jl. Pandan in Kramat Pela subdistrict, an officer said on Monday.Kebayoran Baru Police chief Maj.
Tue, 24 Aug 1999
Demonstrations cannot intimidate me: Estrada
Demonstrations cannot intimidate me: Estrada MANILA (Agencies): Philippine President Joseph Estrada said on Monday he was not intimidated by mounting opposition to his proposal to amend the constitution.
Tue, 24 Aug 1999
Estrada in fight to save economic agenda
Estrada in fight to save economic agendaBy Ruben Alabastro MANILA (Reuters): Philippine President Joseph Estrada may find himself under siege soon unless he quickly defuses a political storm stirred up by his proposal to change the constitution, analysts said on Sunday.
Tue, 24 Aug 1999
Insurance scam suspect has one week to return cash
Insurance scam suspect has one week to return cash JAKARTA (JP): Police gave a primary suspect in the alleged Rp 410 billion (US$55.4 million) insurance fraud at the military and police insurer (Asabri) a deadline of until the end of this month to return the money, an officer said on Monday.
Tue, 24 Aug 1999
Historically rich Banten eyes tourism for the future
Historically rich Banten eyes tourism for the future JAKARTA (JP): Archipelagic Indonesia was opulent with distinct kingdoms long before the nation became an republic 54 years ago. One of the leading domains was the Kingdom of Banten, notable for its precious remnants of ancient buildings as well...
Tue, 24 Aug 1999
Government criticized over East Timor
Government criticized over East TimorBy Ridwan Max Sijabat and Laurenco Vicente Martins DILI, East Timor (JP): The United Front for East Timor Autonomy (UNIF) criticized the government on Monday for doing too little in the province over the past 23 years.
Tue, 24 Aug 1999
A headache for parents
A headache for parentsFrom Pikiran RakyatIt has become customary now for teachers to engage themselves in business activities, particularly at the beginning of the academic year or the school's four-month shift. They usually "forcefully" sell a stack of school textbooks above the normal price.
Tue, 24 Aug 1999
Police beat students for flag-burning
Police beat students for flag-burning JAKARTA (JP): Riot police beat nine university students after they burned the flags of the ruling Golkar Party and the United States of America and tried to enter the Merdeka Palace compound on Monday.
Tue, 24 Aug 1999
Indonesia needs self-cleansing, says lawyer
Indonesia needs self-cleansing, says lawyer JAKARTA (JP): After decades of political and economical mismanagement, Indonesia needs to go through a self-cleansing process to purify itself, a noted lawyer said at a discussion on Monday.
Tue, 24 Aug 1999
Woman found dead in a gutter
Woman found dead in a gutter BOGOR (JP): A 35-year-old Sukasirna villager, named Lilis, was found dead in a gutter near her house in Leuwiliang subdistrict, Bogor. The police stated that she was found by her nephew on Saturday morning.Lilis had suffered severe head injuries.
Tue, 24 Aug 1999
Students poisoned during initiation
Students poisoned during initiation UJUNGPANDANG, South Sulawesi (JP): At least 52 new students of Makasar University here were rushed to the hospital on Monday suffering from food poisoning."I think our lunch was stale," said one of the 1,500 students taking part in the university's initiation...
Tue, 24 Aug 1999
Spratly case could go to UN
Spratly case could go to UN MANILA (Reuters): President Joseph Estrada said on Monday the Philippines could take Malaysia's occupation of a disputed reef in the Spratly Islands to the United Nations.Estrada made the statement to reporters in reaction to Manila press reports that Malaysia had...