Archive: 21 October 1997
55 articles found
Tue, 21 Oct 1997, 00:00 WIB
Drought takes toll in Palembang, 'city of water'
Drought takes toll in Palembang, 'city of water' By Muhammad Suparni PALEMBANG (Antara): The city of Palembang in South Sumatra bears the alias of kota pempek, pempek is a fried fish-based cake served with a sour sauce. Palembang also used to be nicknamed "the city of water" because of the Musi river crossing its swamps. The name Palembang is derived from lembeng (puddle in colloquial language) while pa means place.
Tue, 21 Oct 1997, 00:00 WIB
Iwik says police forced him to confess to Udin's murder
Iwik says police forced him to confess to Udin's murder YOGYAKARTA (JP): D.S. alias Iwik told the Bantul District Court yesterday police forced him into admitting that he killed journalist Fuad M. Syafruddin in August last year. Iwik retracted yesterday his previous admission, and said he had never even met the journalist. Instead, he identified Sgt. Major Edy Wuryanto as an officer who prepared a "scenario" casting him as the killer. "I was forced to admit killing Udin (the journalist).
Tue, 21 Oct 1997, 00:00 WIB
Edwin may take over Van Der Horst
Edwin may take over Van Der Horst SINGAPORE (Reuters): Indonesian businessman Edwin Soeryadjaya has tabled proposals that would result in him taking over Singapore engineering and infrastructure firm Van Der Horst, Baring Brothers said yesterday. It said Soeryadjaya had proposed Van Der Horst buy the 90 percent stake he and family members hold in PT Artimas Kencana Murni, paying 10 percent in cash and the rest in new Van Der Horst shares, the bankers said.
Tue, 21 Oct 1997, 00:00 WIB
Soeharto tells Prodi RI can deal with crisis
Soeharto tells Prodi RI can deal with crisis JAKARTA (JP): President Soeharto told visiting Italian Prime Minister Romano Prodi yesterday that the Indonesian government was confident that it would be able to cope with the currency upheaval. Soeharto also said Indonesian economic fundamentals were strong enough to cope with the crisis and restore public confidence.
Tue, 21 Oct 1997, 00:00 WIB
Sergeant's murder almost solved
Sergeant's murder almost solved JAKARTA (JP): City Police have almost completed their investigation into the shooting, last Friday, of Chief Sgt. Kamino at a low-cost apartment in Pejompongan, Central Jakarta. City Police spokesman Lt. Col. E. Aritonang said yesterday that his office had encountered no difficulties in collecting the available information and evidence to solve the case. "We've questioned the suspect, an alleged heroin dealer, and Kamino's colleagues." he said.
Tue, 21 Oct 1997, 00:00 WIB
Camdessus hopeful for RI deal soon
Camdessus hopeful for RI deal soon BORDEAUX, Paris (Reuters): International Monetary Fund (IMF) Managing Director Michel Camdessus said yesterday that IMF talks with Indonesia were extremely constructive and that he hoped for an important deal soon. "On Indonesia, we have a mission negotiating in Jakarta. What I hear from the negotiations is that they are evolving in an extremely constructive climate," he told Reuters.
Tue, 21 Oct 1997, 00:00 WIB
Two Pakistanis to be deported
Two Pakistanis to be deported SEMARANG, C. Java: Immigration authorities here will soon deport two Pakistanis for abuse of their visas and are currently pursuing two others for the same reason, Antara reported. Muhammad Itiaq bin Hayat Muhammad, 30, and Astaq Husein, 26, holders of tourist visas, are still in quarantine at the Kedungpane prison in Semarang awaiting air tickets from the Pakistani Embassy in Jakarta, Semarang immigration chief Sri Triswoyo said here Saturday.
Tue, 21 Oct 1997, 00:00 WIB
Soeharto 'not likely to refuse renomination'
Soeharto 'not likely to refuse renomination' JAKARTA (JP): Politicians and observers said that despite expressing humility toward Golkar's support for presidential renomination, it is unlikely that Soeharto will refuse the candidacy. Chairman of the Supreme Advisory Council Sudomo and his deputy Suhardiman both maintained yesterday that Soeharto's remarks did not indicate any sort of rejection toward Golkar's desire to renominate him. "It was not a signal of his rejection of Golkar's request.
Tue, 21 Oct 1997, 00:00 WIB
Govt to review controversial press ban ruling, says Hartono
Govt to review controversial press ban ruling, says Hartono JAKARTA (JP): Minister of Information R. Hartono promised yesterday the government would review its regulations on the press, including the controversial 1984 ministerial decree that allows press banning. Hartono also said a review was needed to ensure that press regulations remain relevant despite the changes brought by time.
Tue, 21 Oct 1997, 00:00 WIB
More funds needed for discipline drive
More funds needed for discipline drive JAKARTA (JP): A councilor urged the city administration yesterday to set aside more funds in the 1998/1999 fiscal year to finance the implementation of the National Discipline Movement. Amarullah Asbah, head of the City Council's Commission C for financial affairs, said that Rp 26.9 billion (US$7.68 million) in the 1997/1998 city budget, down from Rp 34.5 billion in 1996/1997, was not enough to cover the movement's activities, especially security and order.
Tue, 21 Oct 1997, 00:00 WIB
New rates for tax payment
New rates for tax payment JAKARTA (JP): The government issued yesterday new official conversion rates as the basis for the payment of import duty, value-added tax on goods and services, sales tax on luxury goods, export and income taxes. The Ministry of Finance decree No. 513/KMK.014/1997, stated yesterday that the new conversion rates, which are valid for one week from Oct. 20 to Oct. 26, are as follows: U.S.
Tue, 21 Oct 1997, 00:00 WIB
Sanwa, Bank Bali to tie up
Sanwa, Bank Bali to tie up TOKYO (AFP): Japan's Sanwa Bank Ltd. will tie up with five Asian banks including Indonesia's Bank Bali by sharing clients and consolidating transfers between their countries, a daily said yesterday. Japan's major commercial bank has already signed a memorandum with the five banks, including Siam Commercial Bank Republic Co. Ltd. of Thailand and PT Bank Bali of Indonesia, the Nihon Keizai Shimbun said.
Tue, 21 Oct 1997, 00:00 WIB
Jakarta's traffic woes
Jakarta's traffic woes Public transportation conditions in this city of at least nine million are still most appalling. As a consequence, people prefer to use their own private means of transport. Another problem is that public activities are still mostly concentrated around the center of the city. Almost all of Jakarta's major business and commercial centers, shopping malls, offices and entertainment centers are found in the central parts of the city.
Tue, 21 Oct 1997, 00:00 WIB
'Bajaj' driver found dead
'Bajaj' driver found dead JAKARTA (JP): The driver of a bajaj (motorized three-wheeled vehicle) was found dead on a sidewalk on Jl. Alu-Alu, Rawamangun, in East Jakarta yesterday. The victim, identified as Salimin, 22, was believed to have died from five deep stab wounds. "He must have been killed by Pulogadung hoodlums," Mukromin, 22, one of Salimin's friends, said.
Tue, 21 Oct 1997, 00:00 WIB
Jakarta Bay developers want official go-ahead for project
Jakarta Bay developers want official go-ahead for project JAKARTA (JP): Some developers joining the ongoing reclamation project, which covers 2,700 hectares in Jakarta Bay, asked yesterday for legal assurance that the project will continue. A representative of PT Manggala Krida Yudha (MKY) said his company had been encountering an overlap in the project's supervision since it joined the venture. "Before the issuance of Presidential Decree No.
Tue, 21 Oct 1997, 00:00 WIB
Compensation for Crash victims
Compensation for Crash victims BANDA ACEH, Aceh: Garuda Indonesia presented yesterday compensation payment to relatives of 30 Acehnese passengers who died in the Garuda plane crash in Buah Nabar village, Sibolangit regency, North Sumatra. The presentation was made simultaneously in other parts of Indonesia where victims' relatives resided, Antara quoted Darwin Noor, a director of the local branch of transportation insurance company PT Jasa Raharja, as saying.
Tue, 21 Oct 1997, 00:00 WIB
China breaks loose from its wilderness years
China breaks loose from its wilderness years By Harry Bhaskara The following article is based on a talk given by Dr. Wang Gungwu last Friday at the Centre for Strategic and International Studies and an interview with him together with Gatra magazine and Kompas daily. Dr. Wang, presently Director of the East Asian Institute of the National University of Singapore, is one of the world's renown historians on China. He was invited to Indonesia by the Panglaykim Foundation.
Tue, 21 Oct 1997, 00:00 WIB
Sutiyoso's intransigence
Sutiyoso's intransigence From Kompas I was attracted to a report in Kompas on Oct. 6 concerning a statement by Jakarta's new governor Sutiyoso. He said that if there were people soliciting services or favors from government agencies and referring to the governor as a relative, such requests should be immediately rejected. I reread the report to convince myself that it was not a fata morgana but a factual statement. It was a cool breeze amidst the heat of our forest fires.
Tue, 21 Oct 1997, 00:00 WIB
Teachers, students subject to ethical standards
Teachers, students subject to ethical standards By Mochtar Buchori JAKARTA (JP): When a teacher punishes a student in an outrageous manner, what happens? In most cases, nothing. In certain cases, the bureaucracy says, "We have not received any report yet concerning the incident." Thus, again nothing happens.
Tue, 21 Oct 1997, 00:00 WIB
RI and Britain inaugurate business council
RI and Britain inaugurate business council JAKARTA (JP): Indonesia and Britain inaugurated yesterday the Indonesian British Business Council as part of their long-term plan to boost bilateral trade. The council brings together a number of high ranking Indonesian and British business figures and will be led by Tanri Abeng, chief executive officer of the Bakrie Group, and Alan Jones, the chairman of BICC, whose presence in Indonesia is through both BICC and Balfour Beatty Sakti.
Tue, 21 Oct 1997, 00:00 WIB
Government issues warning about escalating fires
Government issues warning about escalating fires JAKARTA (JP): Thick haze continued to blanket most parts of Sumatra and Kalimantan as the government issued another warning yesterday against escalating brush and forest fires. Minister of Environment Sarwono Kusumaatmadja said yesterday the latest evaluation by the Meteorological and Geophysics Agency revealed the possibility that the dry season could last for another two weeks.
Tue, 21 Oct 1997, 00:00 WIB
ASEAN economies
ASEAN economies Given the currency and stock market turmoil which has gripped ASEAN's four largest members, it was expected that the 29th annual meeting of ASEAN ministers with economic portfolios in Kuala Lumpur last week would be much more than a routine gathering to evaluate the progress in the process of developing the ASEAN Free Trade Area (Afta).
Tue, 21 Oct 1997, 00:00 WIB
Rupiah weak waiting on IMF outcome
Rupiah weak waiting on IMF outcome The rupiah has lost ground as the currency market waits for the outcome of negotiations between the Indonesian government and the International Monetary Fund (IMF). Economist Kwik Kian Gie shares his thoughts on the situation. Questionb: Why has the rupiah lost ground again? Kwik Kian Gie: Talks with the IMF have not been fruitful, while demand for dollars surges. Like many other people, I'm still in the dark about what the IMF's package would look like.
Tue, 21 Oct 1997, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 20, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 900 -50 5,000 AHAP Insurance 2,500 0 0 Alter Abadi 675 0 50,000 Alumindo Light Metal 700 0 8,500 Alumindo Perkasa 400 0 0 Aneka Kimia Raya 675 0 37,000 Anwar Sierad 775 0 76,500 Apac Centertex Corp.
Tue, 21 Oct 1997, 00:00 WIB
Peodjono elected MPR working commitee chief
Peodjono elected MPR working commitee chief JAKARTA (JP): The People's Consultative Assembly's (MPR) working committee, responsible for drafting MPR decrees and electing new president, held its first plenary session yesterday establishing its own leadership. Four deputies were elected to assist committee's chairman H. Poedjono Pranyoto. They are Maj. Gen. Hari Sabarno of the Armed Forces (ABRI) faction, Abdul Latief of Golkar, R.
Tue, 21 Oct 1997, 00:00 WIB
Physician calls for better emergency health services
Physician calls for better emergency health services JAKARTA (JP): A senior physician urged yesterday that pre- hospital care be included in health, social and life insurance policies to help improve the overall quality of emergency health services. The head of the Indonesian Surgical Association's trauma committee, Dr Aryono Pusponegoro, said the government should encourage insurance companies to widen their coverage without adding the premium to insurance holders.
Tue, 21 Oct 1997, 00:00 WIB
RI warned gainst sea level rise
RI warned gainst sea level rise By Melody Kemp IZMIR, Turkey (JP): Climate is definitely in the air. Kyoto is debating who does what about fossil fuel emissions and El Nino has been creating havoc with droughts, crop losses and devastating fires throughout the Asia Pacific region. A recent scientific workshop in Turkey conceded that sea level rises are inevitable -- so they talked about things to do while waiting for the flood.
Tue, 21 Oct 1997, 00:00 WIB
Three-in-one benefits the poor
Three-in-one benefits the poor I would like to comment on the proposed ending of Jakarta's three-in-one traffic system. Critics of the system, who say the car owners beat the system by paying "three-in-one boys" to be passengers, are short sighted. They fail to note that the system is a perfect example of environmental and development economies. The cost of a three-in-one boy is a genuine tax on cars, thus limiting their use and reducing damaging "greenhouse" gases.
Tue, 21 Oct 1997, 00:00 WIB
TV today
TV today TVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Children's Film: Lucan 3:10 Teenager's Program: Remaja Indonesia 3:35 Music: Lagu Pop Daerah 4:00 Regional News 4:30 Science and Technology 5:00 English Lessons 5:30 Documentary Film 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country 6:15 Village Program 6:30 TVRI News 7:00 Evening News 7:35 Talk Show: Wawasan 8:00 News: Lintasan Berita 8:05 Music: Profil dan Lagu 9:00 World News 9:30 Sports: Arena dan Juara 10:30 Late...
Tue, 21 Oct 1997, 00:00 WIB
Big bonuses for best SEAG athletes
Big bonuses for best SEAG athletes JAKARTA (JP): To honor the successful members of the Indonesian 19th SEA Games contingent, the organizing consortium and National Sports Council handed over bonuses in the form of insurance policies yesterday. Cyclist Nurhayati and gymnast Jonathan Mangiring Sianturi each received Rp 125 million (US$34,720), 80 percent in policies and the rest in cash. They will be given the cash today.
Tue, 21 Oct 1997, 00:00 WIB
Four die, 21 missing in boat collision
Four die, 21 missing in boat collision PALANGKARAYA, C. Kalimantan: Four people died and 21 others are missing after their ship collided with a tugboat on the Barito River Sunday at 7 a.m., Antara reported. Two of the four victims were children, while none of the missing people have been found yet, the news agency quoted Muskeri, the spokesman for the local river transportation office, as saying yesterday.
Tue, 21 Oct 1997, 00:00 WIB
Hyatt golf course
Hyatt golf course In reference to The Jakarta Post's edition of Monday, Oct. 20, we would like to request a correction from your newspaper regarding the article on page 11, where you reported about the Grand Opening of the Hyatt Regency Yogyakarta. We do not have a miniature golf course as you reported. However, we do have a nine-hole golf course with a par 30, which has been used already by many companies to organize their golf tournaments.
Tue, 21 Oct 1997, 00:00 WIB
Where are our youths?
Where are our youths? From Kompas Our beloved motherland is now in a state of turbulence because of smog from forest fires. The smoke has even spread to neighboring countries. Our President has twice conveyed his apologies to our neighbors. Malaysia has sent a fire fighting team to help extinguish the hot spots. Australia has offered its services. Our armed forces have joined in the fight against the fires and local inhabitants have not remained idle either.
Tue, 21 Oct 1997, 00:00 WIB
Report on worker facing execution in Saudi verified
Report on worker facing execution in Saudi verified JAKARTA (JP): Reports of a female Indonesian worker who could face the death sentence if found guilty in Saudi Arabia have been confirmed by the labor supply company which sent her to the oil- rich country in 1993. The Suara Pembaruan daily reported Sunday that the company, PT Avida Aviaduta, had identified the maid as Nasiroh binti Karnudin, 24, a Gunungbatu Sinargali villager of the Sindangbarang subdistrict in West Java's Cianjur regency.
Tue, 21 Oct 1997, 00:00 WIB
Opposition warns of bloodshed in Bangladesh polls
Opposition warns of bloodshed in Bangladesh polls DHAKA (Agencies): Local elections in Bangladesh involving 50 million voters could end in bloodshed, Khaleda Zia, leader of the main opposition Bangladesh Nationalist Party (BNP), has warned, reports said yesterday. "It seems that there will be lot of killings and armed violence during Union Parishad (lowest tier of administration) elections" scheduled for December, she told the Independent newspaper.
Tue, 21 Oct 1997, 00:00 WIB
Gang of robbers target golf resort
Gang of robbers target golf resort TANGERANG (JP): About 10 armed robbers broke into the PT Takara Golf Resort's office in the village of Tapos, Tigaraksa, and stole two safety boxes and two sets of golf clubs early yesterday morning, police said. But the contents of the safety boxes were not known because the company's executives had yet to be questioned. Police said the burglars -- armed with knifes and sickles -- broke into the office about 2 a.m. after tying up five security guards.
Tue, 21 Oct 1997, 00:00 WIB
Villagers want access road
Villagers want access road BANDAR LAMPUNG, Lampung: Thousands of villagers of Way Haru and Bandar Dalam in West Lampung regency have called on the government to build an access road to their area and free them from isolation, Antara reported. The news agency reported that there was no road that could accommodate four-wheel vehicles leading to the area, making it difficult to transport food supplies and for the villagers to market their produce.
Tue, 21 Oct 1997, 00:00 WIB
Four dead in traffic accident
Four dead in traffic accident BOGOR (JP): Four people died in an accident on the Jagorawi toll road in Sentul Selatan, Bogor, after a diesel-engine truck crashed into a trailer, traveling in the slow lane, early yesterday morning. The four victims have been identified as the driver of the truck, Adi Iskandar, 27; his girlfriend Bona, 20; the driver's assistant, Lukman, 24; and Aban, 47, the owner of the truck's load of bricks.
Tue, 21 Oct 1997, 00:00 WIB
Typhoon 'Ivan' tears into RP
Typhoon 'Ivan' tears into RP MANILA (Reuters): Typhoon Ivan, whipping up rough seas and fierce winds, slowed slightly yesterday as it pounded the north of the Philippines, the weather bureau said. The bureau urged people along the coast to move to high ground and said all ships in the area were in danger. The eye of the typhoon, with gusts of up to 200 kilometers per hour, was just off the northeast coast. Ivan is expected to move northwest at pace of about 11 kph.
Tue, 21 Oct 1997, 00:00 WIB
Court fines 38 soccer hooligans
Court fines 38 soccer hooligans JAKARTA (JP): Central Jakarta District Court fined yesterday 38 men who were arrested during Saturday's SEA Games soccer final at Senayan Stadium. Presiding judge Purwanto ordered the men, who were aged between 15 and 40, to pay fines ranging from Rp 2,000 (57 US cents) to Rp 20,000 or serve up to five days in jail. "Do you want to pay fines or be jailed?" Purwanto asked the defendants.
Tue, 21 Oct 1997, 00:00 WIB
ITT Sheraton introduces rupiah rates
ITT Sheraton introduces rupiah rates JAKARTA (JP): ITT Sheraton, a leading American hotel chain, has now used rupiah as the basis for payment of its rooms and other services at its nine hotels across the country in a bid to attract more corporate guests. The general manager of Sheraton Media, Andreas Trauttmansdorff, said here yesterday that the use of rupiah rates would mean a cut in prices up to 60 percent for hotel guests. Previously, like other hotels, Sheraton used U.S.
Tue, 21 Oct 1997, 00:00 WIB
Potential auto demand in Asia enormous: Auto parts supplier
Potential auto demand in Asia enormous: Auto parts supplier TOKYO (AFP): Potential demand for automobiles in Asia is still "enormous" despite a recent slump in the auto sector, particularly in Thailand, a major auto parts supplier to Ford Motor Co. said Monday. Charles Szuluk, president of Visteon Automotive Systems, told a news conference that his company would not change its business strategy in the region following the Southeast Asian currency crisis.
Tue, 21 Oct 1997, 00:00 WIB
Goh Chok Tong here for bilateral talks
Goh Chok Tong here for bilateral talks JAKARTA (JP): Singapore's Prime Minister Goh Chok Tong arrived here yesterday for a two-day working visit as part of regular consultations among regional leaders. This morning Goh and President Soeharto will hold bilateral talks at Merdeka Palace to discuss several issues regarding the Association of Southeast Asian Nations (ASEAN) and other related matters.
Tue, 21 Oct 1997, 00:00 WIB
Captains of tankers in Singapore oil spill arrested
Captains of tankers in Singapore oil spill arrested SINGAPORE (Agencies): The captains of two tankers which collided and caused the worst oil spill in Singapore's history have been arrested, officials said yesterday. Officials declined to give details about the charges against the Polish skipper of the Thai-registered crude carrier Orapin Global, Jan Sokolowski, and the Cyprus-flagged oil tanker Evoikos' Greek captain, Micheal Chalkitis.
Tue, 21 Oct 1997, 00:00 WIB
Indonesia seeks Italy's help to boost small firms
Indonesia seeks Italy's help to boost small firms JAKARTA (JP): Indonesia seeks more trade and investment cooperation with Italy, especially to strengthen the country's small and medium-sized businesses, the Indonesian Chamber of Commerce and Industry (Kadin) says. Aburizal Bakrie, chairman of Kadin, said yesterday that Indonesia needed to follow Italy's success in promoting the role of small and medium-sized companies in the country's economy.
Tue, 21 Oct 1997, 00:00 WIB
Rupiah stabilizes as BI steps in
Rupiah stabilizes as BI steps in JAKARTA (JP): The rupiah dropped to the 3,685 level in the morning but managed to gain ground to stabilize at 3,620/40 against the opening of 3,600/50 due to the central bank's intervention, currency dealers said. "Bank Indonesia was seen in the market twice but there were no reports about the amount of dollars sold," one local bank chief dealer said.
Tue, 21 Oct 1997, 00:00 WIB
Dead miners worked illegally: Company
Dead miners worked illegally: Company JAKARTA (JP): State-owned PT Aneka Tambang explained yesterday that the five men who were killed at the Pongkor gold mine in Bogor on Saturday were not its employees. "The victims were not in any way connected to PT Aneka Tambang," the mining company said in a three-paragraph statement received by The Jakarta Post at 6:54 p.m.
Tue, 21 Oct 1997, 00:00 WIB
BI moves to ease liquidity
BI moves to ease liquidity JAKARTA (JP): Bank Indonesia, the central bank, moved yesterday to cut the foreign exchange reserves requirement for commercial banks from 5 percent to 3 percent to add to the dollar supply in the market. The central bank also decided to reopen its money-market securities (SBPU) facility to inject more cash into the country's hard-pressed economy, while reducing the cost of borrowing by cutting its Bank Indonesia Certificate (SBI) rates by one percentage point.
Tue, 21 Oct 1997, 00:00 WIB
Badminton champion UN envoy
Badminton champion UN envoy JAKARTA (JP): The United Nations Development Program (UNDP) has named former world badminton champion Rudy Hartono as its first goodwill ambassador in Indonesia. Hartono, 48, is also eight-time All England badminton champion and coached Indonesia's team that won a gold medal at the 1992 Olympic Games in Barcelona. UNDP resident representative Ravi Rajan said last Thursday that Rudy Hartono would help the agency fight poverty in the world's fourth most populous nation.
Tue, 21 Oct 1997, 00:00 WIB
Fear of fighting raised in RP
Fear of fighting raised in RP COTABATO, Philippines (AFP): A military build-up near the main camp of a Moslem insurgent group in the southern Philippines has raised fears that an attack could be imminent, insurgents and local officials said yesterday. The local military commander, Maj. Gen. Raul Urgello, said the move was partly a normal redeployment of forces and partly increased security following an apparent terrorist attack on the local army camp.
Tue, 21 Oct 1997, 00:00 WIB
Econ has option to own 31% stake in Centralindo
Econ has option to own 31% stake in Centralindo SINGAPORE (Reuters): Econ International Ltd said yesterday it had signed conditional agreements to subscribe for US$66.65 million exchangeable notes, which could be exchanged for shares in an Indonesian telecommunications firm.
Tue, 21 Oct 1997, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Exhibitions * Painting and Ceramics Exhibition: Manusia dan Alam Pikirannya, works of Firman, Tisna Sanjaya, Agus Suwage and Suyatna, at the Lontar Gallery. Jl. Utan Kayu 68 H East Jakarta, Monday to Saturday, 10 a.m. to 5 p.m., until Oct. 28. * Painting Exhibition: From Mooi Indie to Persagi, at Museum Seni Rupa Jakarta, Jl. Taman Fatahilah, West Jakarta, on Tuesday to Friday, Sunday at 9 a.m. to 3 p.m., Saturday 9 a.m. to 2 p.m., until Dec. 26.
Tue, 21 Oct 1997, 00:00 WIB
Thai economy 'should grow by 2.7%'
Thai economy 'should grow by 2.7%' BANGKOK (AFP): Thailand's economy should grow by 2.7 percent this year and at 3.5 percent in 1998, but its volatile economy could result in minimal growth of just 0.2 percent next year, reports said yesterday. The figures are on target with conditions of an International Monetary Fund (IMF) rescue package for Thailand and are also in line with the latest government forecasts for the limping economy.
Tue, 21 Oct 1997, 00:00 WIB
Regional currencies see no immediate respite
Regional currencies see no immediate respite SINGAPORE (Reuters): Southeast Asian currencies fell out of bed with a bump yesterday as dissatisfaction with Malaysia's budget and signs of political upheaval in Thailand spurred demand for dollars across the board. The region's malaise looked set to become more entrenched in North Asia, with the central banks of Taiwan and South Korea abandoning their previously staunch currency defenses.
Tue, 21 Oct 1997, 00:00 WIB
Liverpool cotton body urged to improve rules
Liverpool cotton body urged to improve rules JAKARTA (JP): Indonesia has urged the Liverpool Cotton Association Ltd (LCA) in England to improve its arbitration and trading rules in anticipation of contract disputes in the cotton trade with ASEAN countries.