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Wed, 03 Feb 1999
CPO export tax will continue to encourage smuggling: Kadin
CPO export tax will continue to encourage smuggling: Kadin JAKARTA (JP): The government's move to cut the export tax on crude palm oil (CPO) from 60 percent to 40 percent will not help farmers and plantations firms, but will continue to encourage smugglers, the Indonesian Chamber of Commerce and...
Wed, 03 Feb 1999
Anwar report to be published
Anwar report to be published KUALA LUMPUR (Reuters): The Malaysian government will make public the findings of an independent panel investigating injuries sacked finance minister Anwar Ibrahim suffered in police custody, Prime Minister Mahathir Mohamad said.
Wed, 03 Feb 1999
Two-fisted fun
Two-fisted fun In response to Gandhi Sukardi's musings in "Congratulations to Yayuk" in the Feb. 2 edition of The Jakarta Post, it is perfectly legal to play tennis ambidextrously, switching from the left to right hand or vice versa.
Wed, 03 Feb 1999
Mia to marry boyfriend
Mia to marry boyfriend JAKARTA (JP): Indonesia's current top woman badminton player Mia Audina will marry her boyfriend Tylio Lobman on Feb. 26, an official confirmed on Tuesday.Executive chairman of the Badminton Association of Indonesia (PBSI) Karsono said 18-year-old Mia, heir apparent to former...
Wed, 03 Feb 1999
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Feb. 2, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,750.00 8,850.00 8,750.00 8,900.00Australian dollar 1 5,469.80 5,671.30 5,470.00 5,770.00Austrian schilling 1 719.13 731.15 - -Belgian franc 1 245.30 249.
Wed, 03 Feb 1999
Pioneer to build new plant
Pioneer to build new plant JAKARTA (JP): Corn seed producer PT Pioneer Hibrida Indonesia said on Tuesday it would build a new hybrid corn seed plant in Malang, East Java, to increase its production capacity and boost exports.
Wed, 03 Feb 1999
Futures commodities bourse to start by early 2000
Futures commodities bourse to start by early 2000 JAKARTA (JP): Indonesia is set to establish by August its first futures commodity exchange, which is to be operational later this year or early next year, one of the exchange's advocates said on Tuesday.
Wed, 03 Feb 1999
Unrest greets ministers, rights activists in Ambon
Unrest greets ministers, rights activists in Ambon JAKARTA (JP): Fresh violence on Tuesday greeted the arrival of six Cabinet ministers and a fact-finding team of the National Commission on Human Rights in the riot-torn city of Ambon, Maluku, where at least 61 people were killed in religious...
Wed, 03 Feb 1999
Residents protest textile factory over pollution
Residents protest textile factory over pollution BOGOR (JP): Dozens of Nanggewer villagers living near the Kalibaru River in the Cibinong subdistrict here continued on Tuesday to demand that a nearby textile factory immediately stop dumping its wastewater into the river.
Wed, 03 Feb 1999
Restaurants pressed to stay open
Restaurants pressed to stay openBy Mehru Jaffer JAKARTA (JP): Those were the days when Kenny ruled over two restaurants in the heart of Jakarta. His guests remember being treated like royalty feeding on meals fit only for a moghul.
Tue, 02 Feb 1999
UN team looks closely at detention centers
UN team looks closely at detention centers JAKARTA (JP): A four-member team from the United Nations working group on arbitrary detention visited Jakarta Police headquarters on Monday to get a firsthand peek at a local police detention center.
Tue, 02 Feb 1999
Bomb threat causes evacuation of major hospital
Bomb threat causes evacuation of major hospital JAKARTA (JP): A bomb threat at state-run Cipto Mangunkusumo General Hospital (RSCM) led to the hasty evacuation of patients, many still in their beds connected to intravenous drips, by medical staff on Monday.
Tue, 02 Feb 1999
Forms to list teachers cause dispute
Forms to list teachers cause dispute JAKARTA (JP): The Ministry of Education and Culture has issued forms to teachers working in East Timor, the head of the East Timor education and culture office, Andry Sutardi, said Monday, but denied that teachers were evacuating the province.
Tue, 02 Feb 1999
ABRI's apology
ABRI's apologyFrom Pikiran RakyatFollowing a series of condemnations of the Armed Forces (ABRI), Minister of Defense/Armed Forces Commander Gen. Wiranto at last apologized on Jan. 24 to the people for all the mistakes ABRI has made in the past.Besides asking for forgiveness, Gen.
Tue, 02 Feb 1999
IPTN begins 1st phase of cutting workforce
IPTN begins 1st phase of cutting workforceBy M.M.I. Ahyani BANDUNG (JP): Financially strapped PT IPTN, the state-owned aircraft manufacturer, has offered its aging and low-skilled employees lucrative cash incentives to retire early in its bid to streamline its workforce from 15,750 to 10,500 by...
Tue, 02 Feb 1999
Eka Life pays $14m in claims last year
Eka Life pays $14m in claims last year JAKARTA (JP): PT Asuransi Jiwa Eka Life, a unit of the Sinar Mas Group, announced on Monday its payment of US$14 million in dollar-denominated policies last year.Most policies were surrendered because policy holders wanted to benefit from the sharp rise of the...
Tue, 02 Feb 1999
New bylaw allows change of status for Bank DKI
New bylaw allows change of status for Bank DKI JAKARTA (JP): The City Council endorsed on Monday a new bylaw allowing the change of status of city-owned Bank DKI into a limited liability company to enable it to be more flexible and competitive.
Tue, 02 Feb 1999
Congratulations to Yayuk
Congratulations to Yayuk Don't ask me why, you know only too well! Martina Hingis for winning the Australian Grand Slam Tennis title 1999. And Yayuk for being pregnant. After all, the latter is also a phenomenon in women international tennis and she is a "true Javanese".
Tue, 02 Feb 1999
Strong winds to hit parts of the capital
Strong winds to hit parts of the capital JAKARTA (JP): An officer of the Meteorology and Geophysics Agency (BMG) warned Jakartans on Monday about the strong winds to be followed by heavy rain that might hit certain parts of the capital.
Tue, 02 Feb 1999
Restructuring cure two-dimensional
Restructuring cure two-dimensionalBy Inghie Kwik JAKARTA (JP): Bernd Waltermann, president of PT Boston Consulting Group wrote an article titled Corporate restructuring toward growth: 'C' curve, which was published on Jan. 6.
Tue, 02 Feb 1999
Davis Cup coach opts for junior to lead
Davis Cup coach opts for junior to lead JAKARTA (JP): Indonesia is likely to pick the young Febi Widhiyanto as first singles player in its Davis Cup Asia Oceania zone playoff tennis match against Qatar in Doha next week.Coach Dedy Prasetyo told reporters on Monday that Febi, who turns 19 on Feb.
Tue, 02 Feb 1999
Megawati's son robbed near house
Megawati's son robbed near house JAKARTA (JP): A son of the Indonesian Democratic Party (PDI) chairwoman Megawati Soekarnoputri was robbed on a street near his family house in South Jakarta by a group of four armed men riding on two motorcycles on early Monday.
Tue, 02 Feb 1999
Tax incentive D.O.A.
Tax incentive D.O.A. Although the income tax holiday offered to 22 categories of industries puts Indonesia on par with other Southeast Asian countries providing such an incentive, it may prove ultimately irrelevant and ineffective in wooing new investors when law and order is in great danger of...
Tue, 02 Feb 1999
PSM keeps hopes of quarterfinal alive
PSM keeps hopes of quarterfinal alive JAKARTA (JP): Former amateur champion PSM Ujungpandang is on course for a berth in the Indonesian League soccer championship quarterfinals after taming Putra Samarinda 1-0 on Sunday.
Tue, 02 Feb 1999
Political parties make ready for elections
Political parties make ready for elections JAKARTA (JP): Established and newly formed political parties alike are shifting into high gear as they prepare for the June 7 multiparty general election.In the case of the National Indonesian Party (PNI), this preparation includes electing former...
Tue, 02 Feb 1999
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 1, 1999: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 375 0 7,500 AHAP Insurance 400 0 0 Alter Abadi 275 0 52,500 Alumindo Light Metal 250 0 399,000 Alumindo...
Tue, 02 Feb 1999
Theo questioned again to confirm his voice
Theo questioned again to confirm his voice JAKARTA (JP): Jakarta Police summoned former chief of the Udayana regional military command Lt. Gen. (ret.) Theo Syafei again on Monday to confirm whether a controversial speech recording was really his voice.
Tue, 02 Feb 1999
Decree on bureaucracy's neutrality revised
Decree on bureaucracy's neutrality revised JAKARTA (JP): President B.J. Habibie has kept his word and revised the decree on the bureaucracy in order to better ensure its neutrality in politics, Antara said.
Tue, 02 Feb 1999
Rates for tax payment, valid from Feb. 1 to Feb. 7
Rates for tax payment, valid from Feb. 1 to Feb. 7 U.S. dollar 1 Rp 8,850.00Austrian schilling 1 742.45Australian dollar 1 5,554.26Belgian franc 1 253.26Canadian dollar 1 5,819.31Swiss franc 1 6,269.93Deutschemark 1 5,167.28Danish krone 1 1,357.45French franc 1 1,557.48Poundsterling 1 14,571.
Tue, 02 Feb 1999
Son finds father dead in home
Son finds father dead in home JAKARTA (JP): A businessman was found strangled in his house at Dahlia Loka housing complex in Pondok Jagung village in Tangerang on early Sunday morning.Robbery did not appear to be motive for the killing of Oto Putradjaja as no items were stolen.
Tue, 02 Feb 1999
Singapore-Jakarta for $41
Singapore-Jakarta for $41 SINGAPORE (AFP): Australian carrier Qantas and its partner British Airways on Monday offered a Singapore-Jakarta return ticket for the stunning sum of S$69 (US$41) as part of a week- long promotion.
Tue, 02 Feb 1999
Election body sets campaign schedule
Election body sets campaign schedule JAKARTA (JP): The soon-to-be disbanded General Election Agency has scheduled the election campaign to run from May 18 through June 6, and banned the mobilization of the masses in order to prevent clashes among party supporters.
Tue, 02 Feb 1999
Govt plan to import beef blasted
Govt plan to import beef blasted JAKARTA (JP): The cattle industry and the Indonesian Consumers Foundation lambasted the government's plan to import beef and buffalo meat from India, demanding the cancellation of the "insensible decision".
Tue, 02 Feb 1999
RI palm oil tax cut set to press prices lower
RI palm oil tax cut set to press prices lower SINGAPORE (Dow Jones): Indonesia finally cut the export tax on palm oil Monday, in a move which is set to pressure prices lower in a market already awash with supply in the face of anemic demand, according to industry experts.
Tue, 02 Feb 1999
Diplomatic realism
Diplomatic realism The Indonesian government's diplomacy in regard to East Timor is entering a new phase of development. From the very beginning it has appeared that this reform government has wanted to settle the problem of East Timor through diplomatic means.
Tue, 02 Feb 1999
CPO production predicted to rise to 6m tons
CPO production predicted to rise to 6m tons JAKARTA (JP): Indonesia's oil palm plantations are expected to yield 6 million tons of crude palm oil this year, up from the 4.9 million tons produced last year, an industry executive has said.
Tue, 02 Feb 1999
Bali-based NGO takes to beaches and schools in environmental drive
Bali-based NGO takes to beaches and schools in environmental driveBy Stevie Emilia JAKARTA (JP): Children often surprise people with their innocent curiosity. Environmentalists, however, see this curiosity as the perfect opportunity to teach them about the importance of protecting the environment.
Tue, 02 Feb 1999
Government to recapitalize more banks on Feb. 15
Government to recapitalize more banks on Feb. 15 JAKARTA (JP): The government will launch the latest batches of bank recapitalizations on Feb. 15, March 7 and March 31, according to a senior official at the Ministry of Finance.
Tue, 02 Feb 1999
East Timorese refugees go home as tension rises
East Timorese refugees go home as tension rises JAKARTA (JP): As tension slowly builds up in East Timor over the perceived prospect of independence, the majority of some 5,000 villagers seeking refuge in a church in the town of Suai in the province's Covalima regency overcame their fears on Monday...
Tue, 02 Feb 1999
Freeport accused of messing up investment climate in mining sector
Freeport accused of messing up investment climate in mining sector JAKARTA (JP): A mining executive expressed on Monday concerns over President B.J. Habibie's support for mining company PT Freeport's expansion plan, saying the high-level lobby by the company to gain support for its expansion had...
Tue, 02 Feb 1999
Fish deaths in lake unexplained
Fish deaths in lake unexplained PADANG, West Sumatra: Thousands of tons of fish have been found dead in Singkarak Lake, 90 kilometers northeast of Padang.They were first spotted on Friday and continued to cover the lake's surface on Monday, causing a stench.
Tue, 02 Feb 1999
Where to go in Bandung:
Where to go in Bandung:Performances * Puppet Show at Gedung Kesenian Rumentang Siang, Jl. Baranang Siang 1, Kosambi (Phone: 022 433562), 9:30 p.m., Feb. 6. * Concert: Virtuoso Piano Music of the Romantic Era, Thomas Emmerling, at CCF - French Cultural Center, Jl. Purnawarman 32 Bandung, 7:30 p.m.
Tue, 02 Feb 1999
Rupiah steady as stocks fall nearly 1%
Rupiah steady as stocks fall nearly 1% JAKARTA (JP): The rupiah closed slightly firmer at 8,900 against the U.S. dollar in very thin trading on Monday as share prices fell nearly 1 percent due to a lack of fresh leads in the local market.
Tue, 02 Feb 1999
Investors buy into NISP
Investors buy into NISP JAKARTA (JP): Publicly listed Bank NISP announced on Monday the sale of exchangeable notes to Moore Investment Ltd., Hurst Investment Ltd. and Stiles Investment Ltd. in a transaction arranged by Regent Pacific recently.
Tue, 02 Feb 1999
East Timor
East Timor The comments of the presidential spokeswoman, Dewi Fortuna Anwar, comparing East Timor to a "bad investment", as broadcast on international networks, is appalling.She seems to perceive this country as a large corporation that determines its policies based on profitability.
Tue, 02 Feb 1999
KL says tolls cannot be scrapped
KL says tolls cannot be scrapped KUALA LUMPUR (Reuters): Malaysian Prime Minister Mahathir Mohamad said on Monday the government could not abolish toll fees on highways as it would have to pay billions of ringgit to compensate the road builders.
Tue, 02 Feb 1999
World Bank report helpful but misguided
World Bank report helpful but misguidedBy Paul Keys JAKARTA (JP): The World Bank released a report last Monday disputing some of the most commonsense assumptions about the economic crisis. Much of the report may be valuable, even pathbreaking.
Tue, 02 Feb 1999
'Radio Rimba Raya' played song of freedom in independence war
'Radio Rimba Raya' played song of freedom in independence warBy AR Djuli LHOKSEUMAWE, Aceh (JP): People may know Aceh as a former military operations area with a long history of rampant human rights violations. In fact, Aceh has another side many people may overlook.
Tue, 02 Feb 1999
Panin Bank gets ANZ assistance
Panin Bank gets ANZ assistance SYDNEY (Dow Jones): Australia & New Zealand Banking Group Ltd. (ANZ) said Monday it has entered a technical services agreement with PT Panin Bank of Indonesia.ANZ said in a statement that under the agreement, it will provide support to Panin Bank in a number of areas,...
Tue, 02 Feb 1999
Winning paintings to be on auction
Winning paintings to be on auction JAKARTA (JP): Prize-winning paintings in this year's children's painting contest organized by Garuda Indonesia, the national flag carrier, would be put on auction.The airline, however, did not disclose when and where the auction would be held.