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Bob Hasan
Mohamad "Bob" Hasan (24 February 1931 – 31 March 2020) was an Indonesian businessman, who served briefly as trade and industry minister in 1998 and was later jailed for corruption. He was one of the most prominent ethnic Chinese cronies of long-serving Indonesian president Suharto and was nicknamed "the plywood king" because of his forestry businesses. Hasan served as the chairman of the Indonesian Athletics Association from September 1984 until his death. Early life Born The Kiang Seng in Semarang, Central Java, in February 1931 to a Chinese tobacco trader, Hasan became the adopted son of Gatot Soebroto, a general in the Indonesian Army, who commanded then-Colonel Suharto in the 1950s. Business career After Suharto replaced Subroto as commander of the Army's Diponegoro Division, Hasan worked with Suharto to develop a wide range of side businesses, controlled by the military, that provided much of the funding for the Division as well as extra income for its officers.Barr, Chr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suharto
Suharto (; ; 8 June 1921 – 27 January 2008) was an Indonesian army officer and politician, who served as the second and the longest serving president of Indonesia. Widely regarded as a military dictator by international observers, Suharto led Indonesia through a dictatorship for 31 years, from the fall of Sukarno in 1967 until his own resignation in 1998. The legacy of his 31-year rule, and his US$38 billion net worth, is still debated at home and abroad. Suharto was born in the small village of Kemusuk, in the Godean area near the city of Yogyakarta, during the Dutch colonial era. He grew up in humble circumstances. His Javanese Muslim parents divorced not long after his birth, and he lived with foster parents for much of his childhood. During the Japanese occupation era, Suharto served in the Japanese-organized Indonesian security forces. During Indonesia's independence struggle, he joined the newly formed Indonesian Army. There, Suharto rose to the rank of major ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. '' The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits such ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2000 Olympic Games
The 2000 Summer Olympics, officially the Games of the XXVII Olympiad and also known as Sydney 2000 (Dharug: ''Gadigal 2000''), the Millennium Olympic Games or the Games of the New Millennium, was an international multi-sport event held from 15 September to 1 October 2000 in Sydney, New South Wales, Australia. It marked the second time the Summer Olympics were held in Australia, and in the Southern Hemisphere, the first being in Melbourne, in 1956. Sydney was selected as the host city for the 2000 Games in 1993. Teams from 199 countries participated in the 2000 Games, which were the first to feature at least 300 events in its official sports programme. The Games' cost was estimated to be A$6.6 billion. These were the final Olympic Games under the IOC presidency of Juan Antonio Samaranch before the arrival of his successor Jacques Rogge. The 2000 Games were the last of the two consecutive Summer Olympics to be held in a predominantly English-speaking country ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Olympic Committee
The International Olympic Committee (IOC; french: link=no, Comité international olympique, ''CIO'') is a non-governmental sports organisation based in Lausanne, Switzerland. It is constituted in the form of an association under the Swiss Civil Code (articles 60–79). Founded by Pierre de Coubertin and Demetrios Vikelas in 1894, it is the authority responsible for organising the modern (Summer, Winter, and Youth) Olympic Games. The IOC is the governing body of the National Olympic Committees (NOCs) and of the worldwide "Olympic Movement", the IOC's term for all entities and individuals involved in the Olympic Games. As of 2020, there are 206 NOCs officially recognised by the IOC. The current president of the IOC is Thomas Bach. The stated mission of the IOC is to promote the Olympics throughout the world and to lead the Olympic Movement: *To encourage and support the organization, development, and coordination of sport and sports competitions; *To ensure the regu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parole
Parole (also known as provisional release or supervised release) is a form of early release of a prison inmate where the prisoner agrees to abide by certain behavioral conditions, including checking-in with their designated parole officers, or else they may be rearrested and returned to prison. Originating from the French word ''parole'' ("speech, spoken words" but also "promise"), the term became associated during the Middle Ages with the release of prisoners who gave their word. This differs greatly from pardon, amnesty or commutation of sentence in that parolees are still considered to be serving their sentences, and may be returned to prison if they violate the conditions of their parole. Modern development Alexander Maconochie, a Scottish geographer and captain in the Royal Navy, introduced the modern idea of parole when, in 1840, he was appointed superintendent of the British penal colonies in Norfolk Island, Australia. He developed a plan to prepare them for eve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nusa Kambangan
Nusa Kambangan (also Nusakambangan, Kambangan island, or Nusa Kambangan Island) island is located in Indonesia, separated by a narrow strait from the south coast of Java; the closest port is Cilacap in Central Java province. It known as the place where the fabled ''wijayakusuma'', which translates as the 'flower of victory' in the highest literary register of the Javanese language, grows. The ''wijayakusuma'' can be used to bring a person back from the dead, and the princes of the Sultanate of Mataram and later the Surakarta Sunanate sent to the island for the blooms in order to become kings. Thus the island is also known as ''pulau bunga-bungaan'', the 'island of many flowers'. There is a forest reserve on the island. One of the main cultural events is ''Sedekah Laut'' (sea sacrifice), which is held by the Surakarta Sunanate every Satu Suro (new year) in the Javanese calendar. Since the Dutch colonial period, there have been a number of supermax prisons on the island, some ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cipinang Prison
Cipinang Penitentiary Institution ( id, Lembaga Pemasyarakatan Cipinang) is a top-security prison in Jakarta, Indonesia. It is exactly located in Cipinang Muara, Jatinegara, East Jakarta. History The prison was built by the Dutch colonial administration, during the Indonesian National Revival. It held Indonesian nationalist leaders such as Mohammed Hatta. Following Indonesian independence, novelist Pramoedya A. Toer was arrested in 1961 and held without trial for nearly a year in Cipinang for criticizing the Sukarno administration's anti-Chinese policies. Human rights groups such as Amnesty International and Human Rights Watch alleged that the Suharto administration used Cipinang and other prisons to silence opponents from the Sukarno administration and Irian Jaya. In their annual report for 2005, AI also spoke of routine torture and ill-treatment. The organization said of Cipinang and other prisons: According to a survey conducted by a local non-governmental organizatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sumatra
Sumatra is one of the Sunda Islands of western Indonesia. It is the largest island that is fully within Indonesian territory, as well as the sixth-largest island in the world at 473,481 km2 (182,812 mi.2), not including adjacent islands such as the Simeulue, Nias, Mentawai, Enggano, Riau Islands, Bangka Belitung and Krakatoa archipelago. Sumatra is an elongated landmass spanning a diagonal northwest–southeast axis. The Indian Ocean borders the northwest, west, and southwest coasts of Sumatra, with the island chain of Simeulue, Nias, Mentawai, and Enggano off the western coast. In the northeast, the narrow Strait of Malacca separates the island from the Malay Peninsula, which is an extension of the Eurasian continent. In the southeast, the narrow Sunda Strait, containing the Krakatoa Archipelago, separates Sumatra from Java. The northern tip of Sumatra is near the Andaman Islands, while off the southeastern coast lie the islands of Bangka and Belitun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Dollar
The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indonesian Rupiah
The rupiah (symbol: Rp; currency code: IDR) is the official currency of Indonesia. It is issued and controlled by Bank Indonesia. The name "rupiah" is derived from the Sanskrit word for silver, (). Sometimes, Indonesians also informally use the word ("silver" in Indonesian) in referring to rupiah in coins. The rupiah is divided into 100 ''sen'', although high inflation has rendered all coins and banknotes denominated in obsolete. Introduced in 1946 by Indonesian nationalists fighting for independence, the currency replaced a version of the Netherlands Indies gulden, which had been introduced during the Japanese occupation in World War II. In its early years, the rupiah was used in conjunction with other currencies, including a new version of the gulden introduced by the Dutch. The Riau Islands and the Indonesian half of New Guinea ('' Irian Barat'') had their own variants of the rupiah in the past, but these were subsumed into the national rupiah in 1964 and 1971, respe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Asian Financial Crisis
The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid and worries of a meltdown subsided. The crisis started in Thailand (known in Thailand as the '' Tom Yam Kung crisis''; th, วิกฤตต้มยำกุ้ง) on 2 July, with the financial collapse of the Thai baht after the Thai government was forced to float the baht due to lack of foreign currency to support its currency peg to the U.S. dollar. Capital flight ensued almost immediately, beginning an international chain reaction. At the time, Thailand had acquired a burden of foreign debt. As the crisis spread, most of Southeast Asia and later South Korea and Japan saw slumping currencies, devalued stock markets and other asset prices, and a precipitous rise in private debt. South Korea, Indonesia and Thailand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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