Archive: 10 November 1997
42 articles found
Mon, 10 Nov 1997
Stop exaggerating Asia's troubles
Stop exaggerating Asia's troubles The economies of Southeast Asia are in varying degrees of trouble....As their economies grew so rapidly, many of their political institutions did not keep pace. The result has been corruption, a lack of transparency, inadequate supervision of banking and...
Mon, 10 Nov 1997
Nahdlatul Ulama backs Soeharto's renomination
Nahdlatul Ulama backs Soeharto's renomination JAKARTA (JP): Indonesia's largest Moslem organization Nahdlatul Ulama (NU) has said it is confident President Soeharto will lead the country through a smooth leadership transfer.
Mon, 10 Nov 1997
Minister wants closed bank lawsuits dropped
Minister wants closed bank lawsuits dropped JAKARTA (JP): A cabinet minister asked the owners of Bank Andromeda and Bank Jakarta to withdraw their lawsuits against the government over the closure of the two banks in order to help the country's economic reform.
Mon, 10 Nov 1997
Honeymoon over for Asian banks as crisis bites
Honeymoon over for Asian banks as crisis bites HONG KONG (AFP): The regional market crisis and falling property prices spell the end of the honeymoon for Asian banks, which have been riding high on a decade of stunning economic growth, analysts said.
Mon, 10 Nov 1997
Final 1,810 RI workers homebound
Final 1,810 RI workers homebound JAKARTA (JP): Indonesia has airlifted almost 22,000 of its illegal workers from Saudi Arabia and is to complete the repatriation with the return of 1,810 people today.Minister of Manpower Abdul Latief, who arrived at Soekarno Hatta Airport from Jeddah yesterday on...
Mon, 10 Nov 1997
Small businesses in residential areas
Small businesses in residential areas On Oct. 22, PT. Jaya Real Property Tbk notified small businesses in Bintaro's Sectors III and V (not the other sectors in Bintaro) that they had three days to get out. These notifications came in the form of hand-delivered letters (590/JRP/PP-HW/X/97).
Mon, 10 Nov 1997
Border market to be opened
Border market to be opened JAYAPURA, Irian Jaya: Indonesia and Papua New Guinea (PNG) have agreed to open a new market for citizens living in the countries' border area to replace the traditional "Sunday market" in Wutung village, PNG.
Mon, 10 Nov 1997
JSX likely to see another downward slide this week
JSX likely to see another downward slide this week JAKARTA (JP): Stock prices on the Jakarta Stock Exchange (JSX) are expected to drop again this week following a nearly 7 percent decline last week.Securities analysts estimated that the gloomy outlook on regional markets, coupled with investors'...
Mon, 10 Nov 1997
A modern trend: The rise of new private networks
A modern trend: The rise of new private networksBy Zatni Arbi PHUKET, Thailand (JP): Back in mid-1987, when I was taking some courses in management information systems and data communications, the concepts of local-area networks and wide-area networks were the topics du jour.
Mon, 10 Nov 1997
Tanah Abang still teeming with hoodlums, prostitutes
Tanah Abang still teeming with hoodlums, prostitutes JAKARTA (JP): The 262-year-old Tanah Abang market is again in the spotlight because of its complicated problems of street vendors and hoodlums.The authorities, comprising officials from the city administration, police and military officers, have...
Mon, 10 Nov 1997
Asian crisis threatens 'tidal wave' of bailout demands
Asian crisis threatens 'tidal wave' of bailout demands WASHINGTON (AFP): Economic trouble in Asia could unleash a "tidal wave" of bailout demands which Washington should reject, a senior U.S. senator said Saturday as he urged officials to deny Indonesia a loan.A week after the U.S.
Mon, 10 Nov 1997
SE Asian crisis hits gold buyers: Report
SE Asian crisis hits gold buyers: Report KUALA LUMPUR (AFP): Gold purchases in Southeast Asia have dropped more than 20 percent in some countries due to the currency crisis afflicting the region, reports here said Saturday.
Mon, 10 Nov 1997
Suryacipta Swadaya to secure $30m loan
Suryacipta Swadaya to secure $30m loan JAKARTA (JP): Industrial estate developer PT Suryacipta Swadaya, a subsidiary of PT Surya Semesta Internusa, is set to secure a US$30 million loan from the London-based Commonwealth Development Corporation (CDC).
Mon, 10 Nov 1997
JakJazz closes on a high note
JakJazz closes on a high note JAKARTA (JP): The 1997 JakJazz festival closed on a high note last night with crowds flocking to the musical fiesta, which organizers admit had to be compromised to ensure its commercial success.
Mon, 10 Nov 1997
Sutiyoso sets free 2,000 birds
Sutiyoso sets free 2,000 birds JAKARTA (JP): Governor Sutiyoso has set free some 2,000 birds, from 10 species, and planted the first of 350 fruit trees across Central Jakarta to improve the quality of the city's environment.
Mon, 10 Nov 1997
Asian convention on human rights?
Asian convention on human rights? As an occasional reader of The Jakarta Post, I noticed an article on Sept. 17, 1997 entitled Rights declaration needs revision.The article states that the United Nations Universal Declaration of Human Rights from 1948 needs to be revised seen with Asian eyes, it...
Mon, 10 Nov 1997
Ex-Morgan analyst guilty
Ex-Morgan analyst guilty NEW YORK (Reuters): A former J.P. Morgan and Co. Inc. [JPM.N] analyst-trainee has pleaded guilty to trading on inside information about four companies that were subjects of takeovers, federal prosecutors said on Friday.
Mon, 10 Nov 1997
Authorities get tough on recalcitrant vendors
Authorities get tough on recalcitrant vendors JAKARTA (JP): The authorities will no longer tolerate any stubbornness by vendors who refuse to move from their illegal sites on the streets and sidewalks of the overcrowded Tanah Abang area, a senior official said Saturday.
Mon, 10 Nov 1997
Economic disparity threatens unity: Scholar
Economic disparity threatens unity: Scholar UJUNGPANDANG, S. Sulawesi (JP): Scholar Taufik Abdullah has said that two of the greatest threats facing Indonesia are the economic gap and regional development differences.
Mon, 10 Nov 1997
CalEnergy asks to go on with geothermal projects
CalEnergy asks to go on with geothermal projects JAKARTA (JP): The United States-based CalEnergy Company Inc. is optimistic that the government will allow it to continue its geothermal power projects in Patuha, West Java and Bedugul, Bali.
Mon, 10 Nov 1997
Aurora Gold to increase output
Aurora Gold to increase output JAKARTA (JP): Australia's mining company Aurora Gold Ltd plans to increase the output of its Mount Muro gold and silver mine in Central Kalimantan, the company said last week.Company administration manager Hidayat S.
Mon, 10 Nov 1997
IMT-GT businesses need to explore coproduction
IMT-GT businesses need to explore coproduction KUALA LUMPUR (DPA): Entrepreneurs from the Indonesia-Malaysia- Thailand (IMT-GT) need to explore coproduction as a means to speed up economic development in sub-region, said the economic advisor to the Malaysian government, Daim Zainuddin, Saturday.
Mon, 10 Nov 1997
Man gets 8 years for killing
Man gets 8 years for killing JAKARTA (JP): Central Jakarta District Court has sentenced a professional "three-in-one" passenger to eight years in jail for killing an alleged hoodlum in Tanah Abang.Prosecutor Rudy Yulianto said over the weekend that Waiman, 27, was found guilty and sentenced by the...
Mon, 10 Nov 1997
SE Asia told to ease dependence on dollar
SE Asia told to ease dependence on dollar KUALA LUMPUR (AFP): A Southeast Asian private-sector business alliance said yesterday that regional economies should reduce their dependence on the U.S. dollar in the wake of regional currency turmoil.
Mon, 10 Nov 1997
Swiss VP visits Indonesia
Swiss VP visits Indonesia JAKARTA (JP): Swiss Vice President Flavio Cotti arrived here yesterday for a two-day visit which will see him ink several accords aimed at improving between ties between the countries.
Mon, 10 Nov 1997
Amien against creating Islamic state
Amien against creating Islamic state JAKARTA (JP): The chairman of the Muhammadiyah Moslem organization, Amien Rais, said that efforts to enforce the creation of an Islamic state here would be detrimental to the religion's image.
Mon, 10 Nov 1997
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting Exhibition: Breakaway 1995 by Maud Van Der Lely, Vajaraporn Sukanich, Miryung Muir, Jeannette Bijlmer, at KOI Gallery Restaurant, Jl. Mahakam I/2, South Jakarta, daily, 11 a.m. to 11 p.m., until Nov. 16.
Mon, 10 Nov 1997
Teachers' lack of skill hampers English teaching
Teachers' lack of skill hampers English teaching JAKARTA (JP): Poor communication skills among most English language teachers in Indonesia is undermining the teaching of English in schools, a linguistics expert said.
Mon, 10 Nov 1997
Golkar's rejection of rights bill a 'setback'
Golkar's rejection of rights bill a 'setback' DEPOK, West Java (JP): Legal expert Todung Mulya Lubis lamented Golkar's recent rejection for a call to establish an Indonesian bill of rights, calling it a setback in democratization.
Mon, 10 Nov 1997
Thousands of tribal people face food crisis in Maluku
Thousands of tribal people face food crisis in Maluku JAKARTA (JP): The drought has forced thousands of members of three isolated tribes on Mangole Island, Maluku, to venture beyond their temporary settlements to seek food, Antara reported Saturday.
Mon, 10 Nov 1997
Sutiyoso moves to new house in grand rite
Sutiyoso moves to new house in grand rite JAKARTA (JP): Governor Sutiyoso and his family moved into a new house yesterday with the help of 15 horse-drawn buggies (andong) and thousands of guests in a traditional Betawi (native Jakartans) ceremony.The governor moved to Jl. Taman Suropati No.
Mon, 10 Nov 1997
Kupang exports cement
Kupang exports cement JAKARTA (JP): State-owned cement maker PT Semen Kupang, East Nusa Tenggara, will export next year 20,000 tons of its cement products to Australia to reduce its overhanging stocks.The company's president, H.M.
Mon, 10 Nov 1997
Allson enters Indonesia
Allson enters Indonesia JAKARTA (JP): Hong Kong-based Allson International Hotels and Resorts has said it is upbeat about its first Indonesian hotel, the Allson Residence in Senen, Central Jakarta.Over the weekend, Allson Residence's Berman Hatta told The Jakarta Post here that since its soft...
Mon, 10 Nov 1997
Globalization and economics
Globalization and economicsBy Makmur Keliat SURABAYA (JP): The term globalization has become increasingly popular among Indonesians. It is not unusual to hear that high- ranking Indonesian government officials have attributed the depreciation to increased globalization.
Mon, 10 Nov 1997
Archeologists find Dutch relics
Archeologists find Dutch relics BANJARMASIN, South Kalimantan: A team of archeologists have found some historical relics, identified as Dutch in origin, along Martapura River here, Antara reported Saturday.
Mon, 10 Nov 1997
Resistance to occupational safety
Resistance to occupational safetyBy Melody Kemp JAKARTA (JP): Watching the construction of luxury apartments that are soon to be an extension of one of the most prestigious hotels in the city is quite fascinating.The construction workers wear neither hard hats nor protective foot wear.
Mon, 10 Nov 1997
20 weak banks likely to merge
20 weak banks likely to merge JAKARTA (JP): The government's decisive move to close 16 ailing banks two weeks ago will force weak banks to merge among themselves or with larger ones, according to the Association of Private National Banks (Perbanas).
Mon, 10 Nov 1997
Britain to join environmental meet
Britain to join environmental meet JAKARTA: British experts will take part in a three-day conference, titled Science and Technology for the Assessment of Global Environmental Change, to open today.Antara reported that conservationist and botanist David Bellamy, with Peter Raines of the British...
Mon, 10 Nov 1997
Semen Cibinong keeps operating
Semen Cibinong keeps operating JAKARTA (JP): Cement producer PT Semen Cibinong announced Saturday that workers' unrest at the unit four of the Narogong plant in West Java has not affected its operation.
Mon, 10 Nov 1997
UN donates victims of typhoon
UN donates victims of typhoon HANOI (AFP): The United Nations announced yesterday US$225,000 in aid to help the victims of Typhoon Linda, which ravaged part of Vietnam's Mekong Delta and killed hundreds of people.
Mon, 10 Nov 1997
Two children die in bomb explosion
Two children die in bomb explosion SAMARINDA, East Kalimantan: Two children were killed instantly when a bomb -- believed to have been left behind by Japanese soldiers during World War II -- exploded in the eastern part of Balikpapan town Friday afternoon.Police chief Lt. Col.
Mon, 10 Nov 1997
Environmental information
Environmental information With regard to Suwiryo Ismail's discussion on the very important subject of public access to environmental information which appeared in The Jakarta Post, Nov. 6, 1997, page four, I feel that it's necessary to elaborate on one aspect of the article.Mr.