Archive: 22 November 1997
58 articles found
Sat, 22 Nov 1997, 00:00 WIB
Matahari's income rises
Matahari's income rises JAKARTA (JP): Publicly listed retail company PT Matahari Putra Prima announced yesterday that its operating income was Rp 105 billion in this year's January to September period -- a 33 percent increase over the same period last year. The company's president, Hengky Tjitra, attributed the rise in operating income to the increase in its gross profit margin and personnel efficiency program.
Sat, 22 Nov 1997, 00:00 WIB
TV today
TV today TVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: The Crystal Maze 3:10 Music: Jenjang Vokal 3:35 Tour and Travel: Wisata Nasional 4:00 Regional News 4:30 Sports 5:30 TV Series: Full House 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 TV Drama: Masih Ada Jalan 8:05 Saturday Night Music 9:00 World News 9:30 Dangdut Music 10:30 Late News 10:40 Cirebon's Traditional Performance Program 2 4:30 p.m.
Sat, 22 Nov 1997, 00:00 WIB
ANZIP recognizes RI economic reforms
ANZIP recognizes RI economic reforms SYDNEY (Reuters): ANZ Investment Bank (ANZIB) said yesterday it believes only Indonesia has produced a credible response to the Southeast Asian economic crisis, and argued that banking reform is the key to sorting out the region's problems.
Sat, 22 Nov 1997, 00:00 WIB
Six babies' bodies found in plastic bags
Six babies' bodies found in plastic bags JAKARTA (JP): The bodies of six babies wrapped in three plastic bags were found yesterday afternoon by residents on Jl. Warakas VI in North Jakarta. The first four bodies were found at a garbage site under Tanjung Priok toll road, while the other two were found in a nearby ditch, said Maj. Jamal, head of Tanjung Priok police subprecinct. "We intend to comb the surrounding area soon to look for any possible clues," he said.
Sat, 22 Nov 1997, 00:00 WIB
Marowali to be made national park
Marowali to be made national park PALU, Central Sulawesi: The provincial administration has proposed that the Morowali nature conservation area here be established as a national park to preserve some of the province's native wildlife species. "With its natural ecosystem, the Morowali nature conservation area will support the present national parks in the region," a local forestry official, Riwung Toemon, was quoted by Antara as saying yesterday.
Sat, 22 Nov 1997, 00:00 WIB
PBSI told to avoid conflict in congress
PBSI told to avoid conflict in congress JAKARTA (JP): A former chairman of the Badminton Association of Indonesia, Vice President Try Sutrisno, yesterday urged participants at the association's forthcoming national congress not to exaggerate any conflict when electing their new chairman. Try, who is chairman of the association's board of patrons, said that the participants must put unity and harmony above all else in the congress, which will take place here from Nov. 29 to Dec. 1.
Sat, 22 Nov 1997, 00:00 WIB
Indocement will boost production by 50 percent
Indocement will boost production by 50 percent JAKARTA (JP): Indonesia's largest private cement maker PT Indocement Tunggal Prakarsa expects to boost its production by almost 50 percent within two years, the company has said. The company's finance director Benny S. Santoso said yesterday Indocement would be able to produce about 15.8 million tons of cement in two years, up from 10.8 million tons currently.
Sat, 22 Nov 1997, 00:00 WIB
Dissector enjoys his 'unwanted' job
Dissector enjoys his 'unwanted' job By Emmy Fitri JAKARTA (JP): Sixty-nine-year-old Sokirin looks every bit his age. But do not let his wrinkled face and toothless grin deceive you, he is not a feeble old man. And the rare profession that has employed him for 37 years requires someone impervious to gory sights. Only a guillotine executioner might be considered qualified for such an "unwanted" job. "I use a knife to cut open the chest and abdomen.
Sat, 22 Nov 1997, 00:00 WIB
Classical music for youth, and by youth
Classical music for youth, and by youth By Nicolas Colombant JAKARTA (JP): Fun, Friendly and Professional is not the type of motto you would expect from an orchestra. But these are the selling points for Indonesia's first youth orchestra, Yayasan Orkestra Remaja Indonesia, which will hold its inaugural performances on Tuesday and Wednesday at Yamaha's 250- seat auditorium in central Jakarta. "We want to make classical music enjoyable and recognizable for our youth.
Sat, 22 Nov 1997, 00:00 WIB
Asian base metal outlook grim in 1998, dealers say
Asian base metal outlook grim in 1998, dealers say SINGAPORE (Reuters): The financial contagion that spread like a deadly virus from Indonesia to South Korea will hammer Asian base metal demand in 1998, regional dealers said yesterday. "The outlook is really gloomy," a senior dealer for a European metal trading company said. "People are still buying pots and pans, but they're not building 30-story buildings," the general manager of a Western metal trading firm added.
Sat, 22 Nov 1997, 00:00 WIB
Key dates in Asia's financial woes as reported to IMF
Key dates in Asia's financial woes as reported to IMF SINGAPORE (Reuters): South Korea said yesterday it was talking to the International Monetary Fund (IMF) about emergency loans. This was the latest development in a string of financial crises across Asia. The following are key dates: May 14-15: Thailand's baht currency is hit by a massive attack by speculators who decided Thailand's slowing economy and political instability meant it was time to sell.
Sat, 22 Nov 1997, 00:00 WIB
On civil servants' pay
On civil servants' pay I read the news in The Jakarta Post dated Nov. 19, 1997, concerning the government's refusal to raise the pay of its civil servants. State Minister of Administrative Reforms T.B. Silalahi said the government "will not increase the salaries of the nation's civil servants". The minister compared the present conditions to those of 1945, when all of our people bore the nation's burden together. All of us suffered in the fight against the colonial power.
Sat, 22 Nov 1997, 00:00 WIB
Sale of Games stickers
Sale of Games stickers From Kompas A few months before the Southeast Asian Games here in Jakarta, many people bought fund-raising stickers to finance the event. Those who bought the stickers deserve merit since without their contribution, the games would have been called off. During the games, the sticker buyers seemed to have been almost forgotten as the organizers of the sports festival only thanked them for their participation. This group of sticker buyers is too big to mention one by one.
Sat, 22 Nov 1997, 00:00 WIB
Hutomo, Chandra favorites in Goro Champ of Champs
Hutomo, Chandra favorites in Goro Champ of Champs JAKARTA (JP): Hutomo Mandala Putra and Chandra Alim are the favorites to win the Goro Champ of Champs rally, scheduled to be held in Cikole and Bandung, West Java on Nov. 29. Hutomo and Chandra face at least 50 other competitors in the one-day rally near the volcano Tangkuban Perahu and the West Java capital. Among the other racers are Adiguna Sutowo, Arief Indiarto, Aswin Nasution, Anthony Sarwono, Aswin Bahar, Anto Soeprapto and Akbar Hadianto.
Sat, 22 Nov 1997, 00:00 WIB
Utut beats Karpov to level score
Utut beats Karpov to level score JAKARTA (JP): Indonesian Grandmaster Utut Adianto carved out sweet revenge yesterday for his loss to FIDE world champion GM Anatoly Karpov in the opening game of the Clash of the Titans match at Hotel Omni Batavia. With the victory, Utut leveled the score at 1-1. Both games were blind chess. Utut defeated Karpov on the 31st move in 45 minutes of the 50- minute match.
Sat, 22 Nov 1997, 00:00 WIB
Why 'TVRI' censorship?
Why 'TVRI' censorship? As a citizen of the Republic of Indonesia I am appalled by TVRI's decision not to broadcast live the hearing of our Minister of Finance with the House of Representatives because "it needs editing to ensure that the public receives only the right information". This is censorship and what right does TVRI have to censor an open hearing of the House of Representatives? Surely this is in violation of the Constitution.
Sat, 22 Nov 1997, 00:00 WIB
State firms must buy JSX shares
State firms must buy JSX shares By Kornelius Purba CAPE TOWN, South Africa (JP): President Soeharto has instructed monetary authorities to disburse the US$5 billion standby loan from Singapore and ordered state firms to use one percent of their net profits to buy shares on the Jakarta stock exchange, an Indonesian business leader said here yesterday.
Sat, 22 Nov 1997, 00:00 WIB
Haze cuts tourist visits to Singapore
Haze cuts tourist visits to Singapore SINGAPORE (Reuters): Tourist arrivals in Singapore slipped sharply in October because of smog that has enveloped Southeast Asia in recent months, state television said yesterday. The television quoted the Singapore Tourism Board (STB) as saying tourist numbers fell 17.6 percent last month. It gave no detailed figures. The TV report said the STB did not expect tourist arrivals to pick up any time in the near future.
Sat, 22 Nov 1997, 00:00 WIB
Over 6,400 bank employees laid off
Over 6,400 bank employees laid off JAKARTA (JP): The government move to close 16 banks will force as many as 6,439 employees into unemployment as the government, the banks' caretakers and owners could not find new employment positions for them. Officials from Bank Indonesia and the Ministry of Manpower together with caretakers of the 16 closed banks yesterday evening held a meeting at the central bank's office to determine the fate of over 9,000 of the banks' employees.
Sat, 22 Nov 1997, 00:00 WIB
One killed as clash erupts in Tanah Abang
One killed as clash erupts in Tanah Abang JAKARTA (JP): One man was killed Thursday after a clash between Jatibaru residents from Kampung Bali in Tanah Abang, Central Jakarta, and an unidentified group. The identity of the 28-year-old victim remained unclear yesterday after initial reports that he was Timorese were later denied. Several Timorese, including Hercules R. Marcal, a youth leader in Tanah Abang, were unable to identify the body at Cipto Mangunkusumo General Hospital's morgue.
Sat, 22 Nov 1997, 00:00 WIB
Butet's monolog cries for journalistic truth
Butet's monolog cries for journalistic truth By Yogita Tahil Ramani JAKARTA (JP): "I will not boast about the virtues of the journalistic profession. There is no sense in implying that journalism safeguards democracy when it does not." This was theater actor Butet Kartaredjasa describing the current state of his other profession as a freelance journalist during a recent monolog performance. Journalism is often summed up as a profession of putting facts into print.
Sat, 22 Nov 1997, 00:00 WIB
APEC business leaders hold their first summit
APEC business leaders hold their first summit VANCOUVER, Canada (JP): The role of the private sector in the Asia Pacific Economic Cooperation (APEC) forum will gain greater momentum this week when APEC business leaders hold their first summit. Six APEC leaders and 20 ministers of trade and foreign affairs are among those scheduled to address 200 of Asia Pacific's prominent business leaders in a four-day meeting which began with a reception yesterday.
Sat, 22 Nov 1997, 00:00 WIB
Ulemas urge holiday during Ramadhan
Ulemas urge holiday during Ramadhan BAGU, West Nusa Tenggara (JP): Indonesia's largest Moslem organization, Nahdlatul Ulama (NU), concluded its national conference yesterday with a call for the government to, among others, declare the Moslem fasting month of Ramadhan a school holiday. The ulemas also asked the government to manage the yearly haj pilgrimage to Mecca, Saudi Arabia, in a transparent and professional manner.
Sat, 22 Nov 1997, 00:00 WIB
Portuguese returns 'home'
Portuguese returns 'home' JAKARTA (JP): Portuguese aristocrat Dom Duarte Braganca has expressed hope that videotapes of East Timor which he took during his visit there recently would make his people understand the actual situation in the territory. "I have made a film and it will be shown on Portuguese TV," Dom Duarte told reporters before attending a banquet hosted by Indonesian Ambassador-at-Large for East Timor Affairs Lopez da Cruz here Thursday.
Sat, 22 Nov 1997, 00:00 WIB
Asian crisis seen shifting insurance rules
Asian crisis seen shifting insurance rules SINGAPORE (Reuters): Asia's economic crisis has triggered a shift towards a more Western-style supervision of insurance solvency and capital levels, industry experts say. Although insurers face at least two years of painful recovery from the fallout of a financial crisis that has rocked Asian economies, the systems that have crumbled would be replaced with more robust regulatory regimes.
Sat, 22 Nov 1997, 00:00 WIB
Sjafrie cautions students over banned political groups
Sjafrie cautions students over banned political groups JAKARTA (JP): Jakarta Military Commander Maj. Gen. Sjafrie Sjamsoeddin asked university students yesterday to be wary of government-banned groups attempting to disrupt the March general session of the People's Consultative Assembly (MPR). He notified the gathering that former members of the Democratic People's Party (PRD), Indonesian Communist Party (PKI) and Indonesian Islamic State (NII) movement are still active.
Sat, 22 Nov 1997, 00:00 WIB
Dominant Golkar to shortlist nominees for vice president
Dominant Golkar to shortlist nominees for vice president JAKARTA (JP): Dominant political group Golkar will study in its leadership meeting next month a list of names that have often been mentioned as vice presidential material, secretary-general Ary Marjono said yesterday. Ary said Golkar executives would start shortlisting the potential candidates relayed by the public to the dominant party in the meeting, scheduled from Dec. 1 to Dec. 4.
Sat, 22 Nov 1997, 00:00 WIB
Seoul turn to IMF as crisis worsen
Seoul turn to IMF as crisis worsen SEOUL (Reuters): South Korea sought yesterday a loan of some $20 billion from the International Monetary Fund (IMF) to overcome its deepening financial crisis and forecast a painful period of restructuring for one of Asia's vaunted "Tiger" economies. "We accepted the advice from the IMF and our friendly nations and we decided to ask for the IMF loans," Finance Minister Lim Chang-yuel told a news conference. "The size of the loans will be discussed.
Sat, 22 Nov 1997, 00:00 WIB
KL blames Singapore for market rumors
KL blames Singapore for market rumors KUALA LUMPUR (Reuters): Prime Minister Mahathir Mohamad said many of the rumors swirling around Malaysia's financial markets originated in Singapore. "From Singapore you get at least three rumors in a day and Malaysians react completely (to them)," he told a news conference on Thursday night after chairing a special meeting of his political party to discuss ways to bolster the country's weak currency.
Sat, 22 Nov 1997, 00:00 WIB
Latief ready to clarify bill financing row to House
Latief ready to clarify bill financing row to House JAKARTA (JP): Minister of Manpower Abdul Latief has agreed to explain to the House of Representatives his office's controversial use of funds from a state-owned insurance firm to finance legislators deliberating the manpower bill at an expensive hotel. Latief has, over the past several days, refused to comment on the disbursement of billions of rupiah from PT Jamsostek for a group of 1992/1997 House members discussing the bill.
Sat, 22 Nov 1997, 00:00 WIB
KL cuts overseas training stints
KL cuts overseas training stints KUALA LUMPUR (AP): Fewer Malaysian government workers will be sent abroad for training because of expenditure cuts brought on by the currency devaluation, the country's top bureaucrat said yesterday. Instead, more domestic training centers will be created, federal Chief Secretary Abdul Halim was quoted as saying by the national news agency Bernama.
Sat, 22 Nov 1997, 00:00 WIB
'Ojek' driver killed
'Ojek' driver killed TANGERANG (JP): An ojek (motorcycle taxi) driver was found dead on Jl. Gatot Subroto, Tangerang early yesterday, after allegedly being killed by two of his passengers, a police officer said. The victim, identified as Abdul Kohir, 40, was found with many severe wounds to the head, nose and neck, the officer who asked not to be named said.
Sat, 22 Nov 1997, 00:00 WIB
Koran recitals, not parties, for New Year
Koran recitals, not parties, for New Year YOGYAKARTA: Several hotels here have said they will hold recitals of the Holy Koran rather than stage parties to welcome in the New Year, according to police. Antara quoted provincial police chief Col. Bani Siswono as saying that some hotel managers had agreed to hold the program because Dec. 31 coincides with the beginning of the Moslem fasting month of Ramadhan. "It's a good sign from hotel managers," he said.
Sat, 22 Nov 1997, 00:00 WIB
Women enter politics through connections
Women enter politics through connections SURABAYA (JP): Indonesian women enter politics through connection rather than merit, observers agreed in a discussion here Thursday. Political positions were given as gifts to women, and they were recruited through nepotistic channels, concluded the discussion featuring the former minister of home affairs Rudini, legislator Khofifah Indar Parawansa and political scientist Retno T. Johan.
Sat, 22 Nov 1997, 00:00 WIB
Mahathir slams S'pore rumors
Mahathir slams S'pore rumors KUALA LUMPUR (DPA): Prime Minister Mahathir Mohamad has accused Singaporeans of spreading negative rumors about Malaysia's economy because of trade competition between the two countries, news reports said yesterday. "From Singapore, you get three rumors a day. And Malaysians acted in full faith on those rumors, but if the Malaysian prime minister told them the truth, they would say he is lying," Mahathir said.
Sat, 22 Nov 1997, 00:00 WIB
Enforcement of immigration laws
Enforcement of immigration laws In connection with the issuance of Law No. 28/1997 dated Oct. 7, 1997, on the Indonesian police force, allow me to put forward the relationship between this law and Law No. 9/1992 on immigration with its enforcement regulations. Government Regulation No. 31/1994, dated Oct. 14, 1994, was based on the control of aliens and immigration measures, particularly with respect to aliens (Article 14 subarticle 1 j, Article 15 subarticle 11 of Law No.
Sat, 22 Nov 1997, 00:00 WIB
Cahaya Kalbar's profit up
Cahaya Kalbar's profit up JAKARTA (JP): Publicly listed cocoa and edible oil producer PT Cahaya Kalbar announced yesterday its net profit rose by 39 percent to Rp 18.36 billion in the January to September period from Rp 13.82 billion in the corresponding period last year. The company said net sales increased to Rp 102.4 billion from Rp 75.61 billion in the same period last year.
Sat, 22 Nov 1997, 00:00 WIB
Economist warns of worsening poverty as real incomes drop
Economist warns of worsening poverty as real incomes drop JAKARTA (JP): American economist Steven R. Tabor warns that Indonesia's food security is being threatened and nearly 18 million people, currently classified as being near poor, may fall into absolute poverty, thereby increasing the number of those living below the poverty line to more than 40 million.
Sat, 22 Nov 1997, 00:00 WIB
Pasar Jaya urged to fill markets, stop illegal vendors
Pasar Jaya urged to fill markets, stop illegal vendors JAKARTA (JP): Councilors urged the city-owned PD Pasar Jaya market company yesterday to maximize the capacity of its 152 markets to stop the mushrooming number of street traders here. The lackadaisical approach toward filling off-street markets has allowed an estimated 155,000 traders to illegally set up shop around the markets. The presence of illegal kiosks has become a chronic problem in the city.
Sat, 22 Nov 1997, 00:00 WIB
Former legislators illegally lease official residence
Former legislators illegally lease official residence JAKARTA (JP): Several members of the 1992/1997 House of Representatives have illegally let their official residence, an official in charge of legislators' housing complex management revealed here yesterday. The 1992/1997 House members ended their term on Sept. 30. Muslihatna alleged that the new tenants had violated many rules during their stay in the housing complex, and caused losses to the state.
Sat, 22 Nov 1997, 00:00 WIB
Stocks and rupiah drop in quite trading
Stocks and rupiah drop in quite trading JAKARTA (JP): Stocks prices on the Jakarta Stock Exchange (JSX) continued to fall yesterday on lack of fresh incentives in quiet trading. Securities analysts attributed the fall to the weakening regional market and the persistent fall of the rupiah against the American dollar. "To tell you frankly, it's a hopeless market for the whole region. People are doing nothing today," a broker said.
Sat, 22 Nov 1997, 00:00 WIB
Asian surveillance
Asian surveillance The deputy finance ministers of 14 Asian-Pacific nations that met in Manila early this week opted for the ideal that it was much better preventing a fire than having to extinguish one. Several weeks before the senior officials gathered in the Philippine capital, the central issue raised in various forums had been the urgent need for an Asian emergency fund to bail out countries in financial distress.
Sat, 22 Nov 1997, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 21, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 850 0 0 AHAP Insurance 1,200 0 0 Alter Abadi 525 0 0 Alumindo Light Metal 375 -25 10,000 Alumindo Perkasa 275 0 1,500 Aneka Kimia Raya 600 25 1,388,500 Anwar Sierad 250 25 117,000 Apac Centertex Corp.
Sat, 22 Nov 1997, 00:00 WIB
Mentally ill teachers 'working' in schools
Mentally ill teachers 'working' in schools JAKARTA (JP): Teachers suffering from serious mental illnesses are still giving classes in Jakarta's elementary schools, a city councilor said yesterday. The head of City Council's Commission E for social welfare, Soeparmo, said there are between 30 and 40 active teachers who have serious mental problems. He said that at least four of them are headmasters.
Sat, 22 Nov 1997, 00:00 WIB
Situbondo to have refinery
Situbondo to have refinery JAKARTA (JP): The construction of the country's first private refinery, owned by PT Asia Pacific Petroleum Refinery Indonesia (APPRI), in Situbondo, a small town in East Java, is scheduled to be completed by the first quarter of 2001, according to the contractor. Managing director of Daelim Engineering Co. Ltd. of Korea, O. K. Lim, said here yesterday that the refinery's commercial operations were set to begin in September 2001.
Sat, 22 Nov 1997, 00:00 WIB
PT Pos Indonesia's monopoly to cease
PT Pos Indonesia's monopoly to cease JAKARTA (JP): The government plans to terminate the postal monopoly of state-owned PT Pos Indonesia by amending postal regulations, according to Minister of Tourism, Post and Telecommunications Joop Ave. The minister said yesterday that Postal Law No. 6/1984, which gave the sole right to PT Pos Indonesia to provide postal services, needed an amendment to accommodate the changing postal business in the country.
Sat, 22 Nov 1997, 00:00 WIB
No significant progress on APEC new membership
No significant progress on APEC new membership By Meidyatama Suryodiningrat VANCOUVER, Canada (JP): Senior officials of the Asia Pacific Economic Cooperation (APEC) forum ended their two-day meeting Thursday failing to make significant progress on the issue of new members. Officials in the end decided to leave the question of new members pending and let their ministers, who begin their two-day session Friday (Saturday in Indonesia), resolve the issue.
Sat, 22 Nov 1997, 00:00 WIB
Mitsubishi's RI plant
Mitsubishi's RI plant TOKYO (Reuters): Mitsubishi Materials Corp said yesterday it might move forward the start-up of its copper smelter and refinery at Gresik in Indonesia, which was originally scheduled to start operations in December 1998.
Sat, 22 Nov 1997, 00:00 WIB
Siemens plans to invest 200 million marks
Siemens plans to invest 200 million marks JAKARTA (JP): Germany's widely-diversified business group Siemens AG will invest 200 million marks (US$59.8 million) by the end of the century for its expansion in Indonesia, the company said yesterday. The head of Siemens' Indonesian office, Kurt W. Pfeiffer, said the company would spend the money to strengthen its production facilities throughout the country, especially in the electronic, telecommunications and information technology sectors.
Sat, 22 Nov 1997, 00:00 WIB
New officer for Hindus, Buddhists
New officer for Hindus, Buddhists JAKARTA (JP): A delegation of parents, students and teachers from Mahatma School made a courtesy call on the newly appointed Director General for the Guidance of Hinduism and Buddhism Brig. Gen. A. Wayan Gunawan at the Ministry of Religious Affairs yesterday. The delegation, led by V. Ram, briefed the director general on religious activities in the Indian community and Mahatma School, which is managed by Mahatma Gandhi Foundation.
Sat, 22 Nov 1997, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Exhibitions * Art Exhibition: Gelar Karya Perupa Jurnalis Indonesia, at The Art Exhibition Building (Wisma Seni Nasional), Jl. Medan Merdeka Timur, Central Jakarta, 9 a.m. to 9 p.m., until NOv. 25. * Painting Exhibition: The Southern Charm by Katrina Bohan- Tyrie, at Galeri Linggar, Jl. Kemang Timur No. 36, South Jakarta, 10 a.m. to 10 p.m., until Dec. 7. * Painting Exhibition: By Yaqub Elka at Kedai Cakep, Gelanggang Remaja Bulungan, Jl.
Sat, 22 Nov 1997, 00:00 WIB
Bomb fishing harms marine
Bomb fishing harms marine JAYAPURA, Irian Jaya: A military official blamed Thursday the practices of bomb fishing and cyanide fishing by local and foreign fishermen for the degrading quality of marine habitat in the Maluku and Irian waters. Chief of the Jayapura Naval Base Commodore Freddy Numberi called on local people to report those who use the fishing practices and pledged that the navy would cooperate with the local administration to take strong measures against violators.
Sat, 22 Nov 1997, 00:00 WIB
Asian currency fate tied to Seoul move
Asian currency fate tied to Seoul move SINGAPORE (Reuters): Saturday and Sunday are critical for Asian currencies as the market waits for South Korea to decide whether to seek aid from the International Monetary Fund (IMF), dealers said yesterday. Korean Finance Minister Lim Chang-yuel told reporters yesterday, after talks with visiting IMF Deputy Secretary General Stanley Fischer, that Seoul would make a decision within three days whether to ask the IMF for standby loans.
Sat, 22 Nov 1997, 00:00 WIB
Asahimas to start its third production unit despite crisis
Asahimas to start its third production unit despite crisis JAKARTA (JP): Chemical firm PT Asahimas Subentra Chemical (ASC) will officially start the third production unit of its caustic soda (NaOH), polyvinyl chloride (PVC) and vinyl chloride monomer (VCM) facility on Tuesday in its Cilegon petrochemical industrial estate despite the current monetary crisis.
Sat, 22 Nov 1997, 00:00 WIB
Indonesian APEC delegates await protest
Indonesian APEC delegates await protest By Meidyatama Suryodiningrat and Ati Nurbaiti VANCOUVER, Canada (JP): Indonesian delegates here are bracing themselves for a planned major demonstration when President Soeharto arrives to attend the two-day Asia Pacific Economic Cooperation (APEC) leaders meeting Monday.
Sat, 22 Nov 1997, 00:00 WIB
Schools told to save records
Schools told to save records JAKARTA (JP): Elementary schools in flood-prone areas should take special steps to save school records from being lost when floods strike again, a city councilor said yesterday. The councilor, Soeparmo, who heads the city's welfare affairs commission, said that last year 110 schools were affected by floods. He said that many lost all their administrative and student records, including pupils' scholastic results.
Sat, 22 Nov 1997, 00:00 WIB
Tangerang gets new police chief
Tangerang gets new police chief TANGERANG (JP): City Police Chief, Maj. Gen. Hamami Nata, installed Lt. Col. Aryanto Boedihardjo yesterday as the new chief of the Tangerang police precinct, replacing Lt. Col. Iman Haryatna. Aryanto was former head of the Lido police school in Sukabumi, West Java and used to work at the traffic police directorate at the Surabaya police headquarters.
Sat, 22 Nov 1997, 00:00 WIB
El Nino brings drought to RP
El Nino brings drought to RP MANILA (AFP): The climactic phenomenon El Nino has brought drought to nearly half the Philippines, with 36 provinces suffering a severe rain shortage, the government weather bureau said yesterday. Rainfall was less than 40 percent of the normal rate over the past three months in large swathes of the main island of Luzon, the central islands of Mindoro, Marinduque, Romblon, Panay, Negros, Samar, and parts of the southern island of Mindanao, the bureau said.