Archive: 31 October 1997
54 articles found
Fri, 31 Oct 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 30, 1997: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 850 0 0 AHAP Insurance 2,500 0 0 Alter Abadi 600 0 0 Alumindo Light Metal 600 25 147,500 Alumindo Perkasa...
Fri, 31 Oct 1997
Asia vulnerable to oil supply disruptions: IEE
Asia vulnerable to oil supply disruptions: IEE TOKYO (Reuters): Energy-hungry Asian countries remain vulnerable to possible oil supply disruptions with their stockpile levels far less than those in developed nations, an energy think tank said yesterday.
Fri, 31 Oct 1997
Canada won't link coop to rights issues
Canada won't link coop to rights issues JAKARTA (JP): Canada's Ambassador to Indonesia Gary J. Smith claimed that Ottawa would not link human rights issues as a precondition to economic cooperation between the two countries.
Fri, 31 Oct 1997
Good governance or illusion?
Good governance or illusion?By Makmur Keliat Will the International Monetary Fund help bring good governance to Indonesia or is it only a political illusion? This is the first of two articles. SURABAYA (JP): There have been divergent views raised by Indonesian observers regarding the recent...
Fri, 31 Oct 1997
Rupiah further strengthened
Rupiah further strengthened JAKARTA (JP): The rupiah strengthened further against the U.S. dollar yesterday as the upward turn in share prices continued.Foreign currency dealers said the rupiah, which weakened to as low as 3,640 in midday trading, recovered to close at 3,605/15 in late trading...
Fri, 31 Oct 1997
Myanmar allowed to go to EU-ASEAN meeting
Myanmar allowed to go to EU-ASEAN meeting BANGKOK (AFP): The European Union (EU) has agreed Myanmar can join an ASEAN-EU joint cooperation meeting next month after a request from Thailand, the Thai foreign ministry said yesterday.
Fri, 31 Oct 1997
Avoid government, House antagonism, Soeharto says
Avoid government, House antagonism, Soeharto says JAKARTA (JP): The House of Representatives (DPR) has a position equal to that of the president, and the two state institutions should cooperate rather than engage in confrontation, President Soeharto says.
Fri, 31 Oct 1997
Funds to RI, Thailand boost SE Asia: Anwar
Funds to RI, Thailand boost SE Asia: Anwar KUALA LUMPUR (AFP): Malaysia's one billion dollar financial aid each to Indonesia and Thailand would boost confidence and help Southeast Asian economies to recover, Deputy Premier Anwar Ibrahim said Friday.
Fri, 31 Oct 1997
City to launch pre-festive season order crackdown
City to launch pre-festive season order crackdown JAKARTA (JP): The city administration will launch a crackdown on security and order in the city ahead of the Christmas and Idul Fitri celebrations, an official said yesterday.
Fri, 31 Oct 1997
Firms can carry over forex losses
Firms can carry over forex losses JAKARTA (JP): A company could carry over their losses or gains from exchange rate differentials resulting from the "extraordinary" depreciation of the rupiah into the following years' income statement, the Indonesian Institute of Accountants said.
Fri, 31 Oct 1997
El Nino hits malaysia, full effect unknown
El Nino hits malaysia, full effect unknown KUALA LUMPUR (Reuters): El Nino will squeeze commodity earnings in Malaysia next year but the impact of the weather pattern could be largely offset by another phenomenon -- a lackluster local currency.
Fri, 31 Oct 1997
Psychotropic law useful: Dibyo
Psychotropic law useful: Dibyo JAKARTA (JP): National Police Chief Gen. Dibyo Widodo said yesterday the enactment of 1997 Psychotropic Law No. 5 had helped reduce the number of drug cases in the country.
Fri, 31 Oct 1997
Thai baht plunges to new low, brings down other currencies
Thai baht plunges to new low, brings down other currencies BANGKOK (Agencies): Thailand's battered currency defied central bank intervention yesterday, plunging past a crucial psychological barrier to a record low, as other Asian units followed suit, dealers said.
Fri, 31 Oct 1997
Marital rape victims get better attention
Marital rape victims get better attention BANDUNG (JP): The currently growing attention to issues of domestic violence such as marital rape is caused by an increasing awareness concerning individuals' rights and a shift in values, a seminar concluded here yesterday.Legal expert A.S.
Fri, 31 Oct 1997
Mild quake hits Lampung
Mild quake hits Lampung BANDAR LAMPUNG, Lampung: A mild underwater earthquake measuring 6.0 on the Richter scale occurred Wednesday morning sending tremors to the western part of Lampung.The geophysical station in Kotabumi, North Lampung, registered the earthquake at 11:56 a.m.
Fri, 31 Oct 1997
Business tycoon's kidnappers arrested
Business tycoon's kidnappers arrested BEKASI (JP): City police chief Maj. Gen. Hamami Nata said yesterday that officers have arrested eight men for allegedly kidnapping business tycoon Sjamsul Nursalim, the owner of Bank Dagang Negara Indonesia (BDNI).Another suspect is still at large, Hamami said.
Fri, 31 Oct 1997
Where to go in Bali:
Where to go in Bali:Music and entertainment * Nikko Bali Hotel: - Kupu-kupu Amphitheater, Balinese dance performances at 9 p.m. to 10 p.m., Legong Dance, on Tuesday, Joged Bumbung, on Thursday, Ramayana, on Saturday. - Oo Looloos Santap Restaurant presents live music daily except Monday at 9 p.m.
Fri, 31 Oct 1997
Three gold miners suffocate
Three gold miners suffocate PURWAKARTA, West Java: Three gold miners have died, reportedly of suffocation, in a traditional gold mine in Tajursinang village, Jatiluhur, Antara reported yesterday.The news agency quoted police as saying that Beben, 25, Rasidi, 49, and his son Nono, 18, went into the...
Fri, 31 Oct 1997
Sakakibara to visit RI
Sakakibara to visit RI TOKYO (Reuters): Japan's vice finance minister for international affairs, Eisuke Sakakibara, will visit Indonesia from Friday and then travel to the United States, where he is likely to meet U.S. Treasury officials, a Ministry of Finance (MOF) official said on Thursday.
Fri, 31 Oct 1997
IMF aid package may be sealed by the weekend
IMF aid package may be sealed by the weekend JAKARTA (JP): Minister of Finance Mar'ie Muhammad said yesterday that the government would soon announce the outcome of the IMF-led financial package to restore market confidence in the country's economy.
Fri, 31 Oct 1997
Capitalism dangerous to Indonesia: Juwono
Capitalism dangerous to Indonesia: Juwono JAKARTA (JP): Communism is no longer the world's most dangerous ideology, according to Juwono Sudarsono, the deputy governor of the National Resilience Institute, the state military think tank.
Fri, 31 Oct 1997
Eight arrested for alleged robbery
Eight arrested for alleged robbery BEKASI (JP): City police chief Maj. Gen. Hamami Nata said yesterday officers had arrested seven men for allegedly robbing one of BDNI branches at the Lippo Cikarang complex, Bekasi.
Fri, 31 Oct 1997
Minivan drivers go on strike in Pamulang
Minivan drivers go on strike in Pamulang PAMULANG, Tangerang (JP): More than 150 minivan drivers went on strike in Pamulang yesterday to protest the ongoing collection of levies by a cooperative linked to the Jakarta Military Command.
Fri, 31 Oct 1997
RI's economic outlook remains good: Keating
RI's economic outlook remains good: Keating JAKARTA (JP): The governor of the U.S state of Oklahoma, Frank Keating, said yesterday Indonesia's economic outlook remained good despite the currency crisis.
Fri, 31 Oct 1997
Airlines to be involved in anti-drug campaign
Airlines to be involved in anti-drug campaign JAKARTA (JP): Minister of Tourism, Post and Telecommunications Joop Ave said here yesterday that his office would require all commercial aircraft operating in the country to support the government's anti-drug campaign.
Fri, 31 Oct 1997
Developing states to assess market turmoil
Developing states to assess market turmoil KUALA LUMPUR (Reuters): Leaders of developing nations from three continents gather in Malaysia next week to press for greater access to rich countries' markets and assess the global financial turmoil that has engulfed their economies.
Fri, 31 Oct 1997
Gas supply contract signed for Tangguh LNG project
Gas supply contract signed for Tangguh LNG project JAKARTA (JP): State-owned oil and gas company Pertamina's two production-sharing contractors -- Atlantic Richfield Co (ARCO) Indonesia and British Gas (BG) -- will jointly supply natural gas to the Tangguh liquefied natural gas (LNG) project in...
Fri, 31 Oct 1997
Motor gets 'Aaa' rating
Motor gets 'Aaa' rating SYDNEY (Reuters): Moody's Investors Service said it assigned a "Aaa" rating to the US$177.6 million of guaranteed floating rate notes issued by Indonesia Motor Vehicle Funding 1997-1 Ltd.
Fri, 31 Oct 1997
Hartono to mark retirement
Hartono to mark retirement MAGELANG, Central Java (JP): Minister of Information R. Hartono will be among the 88 high-ranking army officers who will take part in a ceremony here next month symbolically marking their retirement.The ceremony will be held on Nov.
Fri, 31 Oct 1997
Haze halts burning of big joss sticks
Haze halts burning of big joss sticks SINGAPORE (AFP): Singapore is to curb the burning of huge incense sticks during Chinese festivals to avoid adding to the haze from Indonesian forest fires already polluting the island.
Fri, 31 Oct 1997
List of vice presidential candidates draws fire
List of vice presidential candidates draws fire SURABAYA (JP): Participants of the ongoing congress of the Indonesian National Youth Committee (KNPI) protested yesterday a planned session to draw up a list of vice presidential candidates, saying the notion smacked of political engineering.
Fri, 31 Oct 1997
Ramos may name successor on trip
Ramos may name successor on trip MANILA (AFP): Philippine President Fidel Ramos may name his preferred successor when he travels to Canada and the United States next month, an aide said yesterday.Ramos will be attending a summit of the Asia Pacific Economic Cooperation forum in Vancouver on Nov. 25.
Fri, 31 Oct 1997
Howard rebukes Hanson over aid
Howard rebukes Hanson over aid CANBERRA, Australia (AP): Prime Minister John Howard yesterday rebuked maverick legislator Pauline Hanson, who asked why Australia should offer economic aid to Indonesia's "militaristic" government.
Fri, 31 Oct 1997
Frequent fires destroy homes
Frequent fires destroy homes BANJARMASIN, South Kalimantan: Eighty-five fires have occurred in residential areas in the last six months in the province, resulting in nearly 2,000 families losing their homes.
Fri, 31 Oct 1997
Support for Timor car
Support for Timor car Being an "expatriate", if this is the word for a guest of your beautiful country, however very familiar with the situation of the local car market, I would like to take the liberty to make some comments on your paper's never-ending attack on Timor Putra Nasional.
Fri, 31 Oct 1997
21 caught for violating rules
21 caught for violating rules BOGOR (JP): A Bogor Discipline Movement team rounded up 21 people yesterday for violating public order regulations in seven crime-prone locations, the team's leader said.Dendy Soemantri said the 21 offenders comprised eight traders, three becak (pedicap) drivers and 10...
Fri, 31 Oct 1997
Now showing on local movie screens
Now showing on local movie screens JAKARTA (JP): What are the choice picks for moviegoers this weekend?City movie theaters are currently screening Air Force One, The Fifth Element, Conspiracy Theory, Business for Pleasure, Robinson Crusoe and Kama Sutra: A Tale of Love.
Fri, 31 Oct 1997
Ten men in court over Rp 2 billion banknote forgery
Ten men in court over Rp 2 billion banknote forgery JAKARTA (JP): A prosecutor asked the East Jakarta District Court yesterday to imprison 10 men for up to two years each for forging banknotes with a face value of Rp 2 billion (US$551,724).
Fri, 31 Oct 1997
Where to go in Surabaya:
Where to go in Surabaya:Music and Entertainment * Novotel Surabaya Hotel & Suites, Jl. Ngagel 173-175: - Dahana Lounge Bar: Happy Hour at 5:30 p.m. to 7:30 p.m., Los Javados Acoustic music. - Puri Pool Bar: Happy Hour at 5:30 p.m. to 7:30 p.m.
Fri, 31 Oct 1997
Government, NGOs to join hands fighting child labor
Government, NGOs to join hands fighting child laborBy T. Sima Gunawan OSLO (JP): The Indonesian government pledged yesterday to build better working ties with non-governmental organizations (NGOs) in its fight against the exploitation of working children.
Fri, 31 Oct 1997
Man bashed to death for alleged extortion
Man bashed to death for alleged extortion TANGERANG (JP): A crowd beat an unemployed man to death for allegedly trying to extort money from a local resident in Pakulonan village, Serpong, in Tangerang, Wednesday night.
Fri, 31 Oct 1997
Car sales not expected to reach target
Car sales not expected to reach target JAKARTA (JP): The Association of Indonesian Automotive Industries estimates that auto sales will only reach about 380,000 this year, or about 12 percent below the initial target of 420,000 cars, due to the fall in demand in the last three months.
Fri, 31 Oct 1997
The Listening Post
The Listening Post "Building English Skills Through Newspaper + Radio" Produced by American Language Center in cooperation with The Jakarta Post and Radio Sonora FM 100.9 Mhz * Word order can signify importance of words and phrases in a sentence.
Fri, 31 Oct 1997
Unemployment looking uglier
Unemployment looking uglier The current economic slowdown is, without much fanfare, causing social unrest as it continues to push the unemployment rate further up. The story of people losing jobs, although it is not openly discussed, is always dreadful.
Fri, 31 Oct 1997
Thief on Argo Lawu
Thief on Argo Lawu On Sunday Oct. 19 my wife and I traveled to our home town Yogyakarta from Jakarta on the Argo Lawu executive train.During my previous overland journeys (by train, night bus, or private car) I had always had difficulty in catching some sleep.That day was an exception.
Fri, 31 Oct 1997
Drivers protest levies
Drivers protest levies PEKANBARU, Riau: Dozens of minivan drivers usually serving the Pekanbaru-Rumbai route went on a brief strike yesterday morning demanding authorities take action to stop various unofficial levies being forced upon them.The three-hour strike, which began at 9 a.m.
Fri, 31 Oct 1997
Thamrin project to go ahead
Thamrin project to go ahead JAKARTA (JP): The municipality will push on with its Thamrin Walk project despite the unwillingness of eight high-rise owners to join the venture, an official said yesterday.
Fri, 31 Oct 1997
Bold reform, not money, will win confidence
Bold reform, not money, will win confidence JAKARTA (JP): Indonesia needs to introduce a bold reform package to deal with deteriorating international confidence in its economy, analyst Laksamana Sukardi said.
Fri, 31 Oct 1997
Maan takes 4-shot lead into final day
Maan takes 4-shot lead into final day JAKARTA (JP): Leading Indonesian golfer Maan Naasim fired a relatively faultless 2-under-par 70 yesterday to maintain his four-stroke lead going into the final day of the Matoa Open at the Matoa Nasional course in Ciganjur, South Jakarta, yesterday.
Fri, 31 Oct 1997
PSSI banned from staging soccer matches at Senayan
PSSI banned from staging soccer matches at Senayan JAKARTA (JP): The All Indonesian Football Federation has been banned from staging international events in Senayan Main Stadium for six months, the Asian Soccer Confederation's (AFC) executive committee announced yesterday.
Fri, 31 Oct 1997
News on Nasiroh's escape from death brings joy
News on Nasiroh's escape from death brings joy JAKARTA (JP): The nation rejoiced in the news that Nasiroh Karmudin was saved from a possible death sentence, but remained wary over the fact that many Indonesians could still be imprisoned in Saudi Arabia.
Fri, 31 Oct 1997
Post office explains
Post office explains Referring to Mr. John Thomas's letter entitled Post office's responsibility to The Jakarta Post of Aug. 21, 1997, we would like to explain as follows:* The articles had been sent from St. Kilda South Post Office on April 8, 1997.
Fri, 31 Oct 1997
Leuser residents asked to conserve their park
Leuser residents asked to conserve their park JAKARTA (JP): Residents of Gunung Leuser National Park, one of the most famous parks in the world, are being asked to take the initiative and actively help conserve the two-million hectare nature reserve.
Fri, 31 Oct 1997
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Ceramics Exhibition, Golekan at Bentara Budaya, Jl. Palmerah Selatan No. 17, Jakarta, 10 a.m. to 9 p.m., Oct. 31. * Painting Exhibition, by Laila Dempster, at Shangri-La, Jl. Jend. Sudirman Kav. 1, Central Jakarta, until Nov. 2.