Archive: 25 November 1997
70 articles found
Tue, 25 Nov 1997, 00:00 WIB
Globalization could complement diversity
Globalization could complement diversity This is the second of two articles dealing with the issue of globalization. By Hilman Adil JAKARTA (JP): The globalization process can be defined as the action of global forces broadly favoring uniformity with regard to substrates -- systems that are very heterogeneous given their different evolutionary or historical backgrounds.
Tue, 25 Nov 1997, 00:00 WIB
Hoodlums counseled, cleanup goes on
Hoodlums counseled, cleanup goes on JAKARTA (JP): City authorities are attempting to rehabilitate 68 alleged hoodlums from Tanah Abang to avoid further social unrest in Central Jakarta's busiest market and bus terminal. The men were taken Sunday to a site at Taman Mini Indonesia Indah in East Jakarta but later moved to Ragunan Sports Dormitory in South Jakarta, Deputy Governor for Administrative Affairs Abdul Kahfi said yesterday.
Tue, 25 Nov 1997, 00:00 WIB
Seeing students gain self-esteem is reward enough
Seeing students gain self-esteem is reward enough By Dini S. Djalal Jakarta (JP): Today is teachers day. To the sound of the classroom bell, students will give thanks to their instructors, and tutors will congratulate each other on surviving yet another day. And among the glad-handing, these teachers may contemplate what life without teaching, and teachers, would be like. Perhaps some of the female teachers will think about why they became teachers, what teaching means to women, and vice versa.
Tue, 25 Nov 1997, 00:00 WIB
Free jet-skiing for hotel guests
Free jet-skiing for hotel guests JAKARTA (JP): Watersports enthusiasts who stay at Hotel Dai- ichi in Central Jakarta will be given a 30-minute free jet-skiing lesson from Nov. 24 to Dec. 24, the hotel management announced yesterday. All guests will get a Jet Ski Special Package for US$115 per night. "The free jet-ski riding will be held at Ancol's Hotel Horison compound in Jakarta Bay," General Manager Toshio Yamada said.
Tue, 25 Nov 1997, 00:00 WIB
Pancasila Youth want better image
Pancasila Youth want better image SERANG, West Java: Pemuda Pancasila activists called on intellectuals to join forces and help dispel its image of an organization of thugs, Antara reported yesterday. West Java chapter chairman Lulu Kaking said after the inauguration of the Serang branch leader here Saturday the organization was "fed up" with people calling the group an "organization of hoodlums". Kaking's son, Glen Pawitan Kakung, was installed as Serang's branch chairman.
Tue, 25 Nov 1997, 00:00 WIB
RI palm oil prices likely to edge lower
RI palm oil prices likely to edge lower KUALA LUMPUR (Reuters): Indonesian palm oil prices are expected to edge lower this week after the government's decision to impose export quotas in a bid to boost local supply, traders said. "The market is likely to weaken this week because of the quotas," an Indonesian trader said.
Tue, 25 Nov 1997, 00:00 WIB
UII denies nominating Soeharto
UII denies nominating Soeharto YOGYAKARTA (JP): The Indonesian Islamic University (UII) here denied yesterday it had ever declared support for President Soeharto's renomination to another term of office. Speaking in a press conference, Deputy Rector Moh. Mahfud referred to a news article in Kompas on Nov. 21 which said the university renominated Soeharto for the presidency. "The university has never nominated anyone for the presidency or the vice presidency," Mahfud said.
Tue, 25 Nov 1997, 00:00 WIB
OPEC may lose $600b due to carbon tax
OPEC may lose $600b due to carbon tax JAKARTA (JP): The secretary general of the Organization of Petroleum Exporting Countries (OPEC), Rilwanu Lukman, said here yesterday OPEC could lose US$600 billion in potential revenues by 2020 due to the carbon tax imposed by OECD. Lukman said the carbon tax imposed in the Organization of Economic Cooperation Development (OECD) countries would cut worldwide demand for crude oil to between 85 million and 87 million barrels per day (bpd) by that year.
Tue, 25 Nov 1997, 00:00 WIB
17 maids have died abroad
17 maids have died abroad JAKARTA (JP): Seventeen Indonesian housemaids died abroad while 46 others were either tortured or sexually abused over the past year, a report said. The report, compiled by Solidaritas Perempuan (Women's Solidarity), a non-governmental organization for the protection of Indonesian women's rights, said the housemaids worked in Malaysia, Singapore, Brunei Darussalam, Hong Kong, Taiwan, Saudi Arabia and Lebanon.
Tue, 25 Nov 1997, 00:00 WIB
Singapore Airlines, Lufthansa team up
Singapore Airlines, Lufthansa team up By I. Christianto SINGAPORE (JP): The German airline Lufthansa and Singapore Airlines (SIA) signed an agreement here yesterday to enhance their global competitiveness.
Tue, 25 Nov 1997, 00:00 WIB
Karpov rallies to win Clash of the Titans
Karpov rallies to win Clash of the Titans JAKARTA (JP): FIDE world champion Grandmaster (GM) Anatoly Karpov of Russia defeated Indonesian GM Utut Adianto 5.5-3.5 in the Clash of Titans which ended yesterday at Omni Batavia Hotel. For the victory Karpov received US$ 30,000 while Utut took home $20,000. Karpov also received $10,000 as an appearance fee.
Tue, 25 Nov 1997, 00:00 WIB
Abu Dhabi term talks shadow crude oil market
Abu Dhabi term talks shadow crude oil market SINGAPORE (Reuters): The Asian crude market will be focused on developments in the Abu Dhabi term negotiations between equity holders and their Asian buyers this week, since the spot market is stuck in the inactive period between December and January, traders said yesterday. They said that heavy Asian crudes such as Indonesian Minas will be supported after the last December deals were done at ICP +55 cents per barrel.
Tue, 25 Nov 1997, 00:00 WIB
RI sweeps four titles in Vietnam
RI sweeps four titles in Vietnam HANOI (AFP): Indonesia swept the finals of the JVC Vietnam Badminton Championship here Sunday, winning four out of the five matches. Top-seeded women's singles player Susi Susanti effortlessly beat runner-up Xu Huwaiwen from China 11-4, 11-1, earning US$4,500 and top points in the last tournament of the year on the Grand Prix circuit. But her husband Alan Budikusuma lost a hard-fought battle in the men's singles finals to China's Chen Gang 6-15, 9-15, 3-15.
Tue, 25 Nov 1997, 00:00 WIB
Canada's Paul wins Super Car rally
Canada's Paul wins Super Car rally JAKARTA (JP): Robert Paul of Canada racing under the banner of the GT Radial team won the Super Car rally at Sentul, near Bogor Sunday. Paul, driving a BMW M3, won the two-day race clocking 19 minutes 36.299 seconds on Saturday and recorded the same time on Sunday. With the victory, Paul now leads the rankings with 67 points. Indra Saksono is second with 65 points and Anthony Walker third with 46 points.
Tue, 25 Nov 1997, 00:00 WIB
Teacher counts his luck and blessings
Teacher counts his luck and blessings JAKARTA (JP): Owning a house is an illusive dream for most teachers on the government's payroll. The few who do own houses are those who have spent years dedicating their life to their careers, or a few lucky ones. Teaching, while regarded a noble profession, is also one of the lowest paid jobs in the country. Sholeh Dimyathi is one of the lucky ones.
Tue, 25 Nov 1997, 00:00 WIB
Singgih to probe alleged misuse of Jamsostek's funds
Singgih to probe alleged misuse of Jamsostek's funds JAKARTA (JP): Attorney General Singgih said yesterday he was considering summoning the Minister of Manpower Abdul Latief and some House of Representatives legislators in connection with the alleged misuse of state insurance firm PT Jamsostek's funds in the deliberation of the manpower bill.
Tue, 25 Nov 1997, 00:00 WIB
Bakrie gets award
Bakrie gets award JAKARTA (JP): PT Bakrie Sumatra Plantations, a publicly-listed plantation company, has received an appreciation award from the Madrid-based Trade Leaders Club. The company said yesterday that the award showed the club's recognition of its farm products.
Tue, 25 Nov 1997, 00:00 WIB
PDI questions extra presidential power
PDI questions extra presidential power JAKARTA (JP): The Indonesian Democratic Party (PDI) faction delayed its stance yesterday over dominant Golkar's motion to grant extra power to the next president, saying that the proposal needed further explanation.
Tue, 25 Nov 1997, 00:00 WIB
Crash liquidity injection
Crash liquidity injection Official announcements last week brought in what the Indonesian Chamber of Commerce and Industry (Kadin) saw as winds from heaven to soothe the business community which has been burning in the "hell" of a liquidity crunch since August. If the pledges materialize, no less than Rp 40 trillion in new funds will be injected into the economy within the next few months. That will represent as much as 12 percent of the total money supply (broadly defined) as of September.
Tue, 25 Nov 1997, 00:00 WIB
PUMA launch home loan business in Indonesia
PUMA launch home loan business in Indonesia SYDNEY (Reuters): PUMA Management Ltd, Australia's largest provider of non-bank home loans, said yesterday it would expand its operations in Asia and offer home loans in Indonesia. Tony Gill, Managing Director of PUMA, the securitization arm of Macquarie Bank, said he believed Indonesia's economic fundamentals were good, and changes to the local financial markets, through IMF reforms, would deliver considerable benefits to local capital markets.
Tue, 25 Nov 1997, 00:00 WIB
TV Program: Tuesday, Nov. 25, 1997
TV Program: Tuesday, Nov. 25, 1997 TVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Children's Film: The Big Valley 3:10 Teenager's Program: Remaja Indonesia 3:35 Development Program: Hamkamnas 4:00 Regional News 4:30 Teenager's Drama: Rumah Kita 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 Song and Profile 9:00 World News...
Tue, 25 Nov 1997, 00:00 WIB
S'pore to be sensitive in ties with Malaysia
S'pore to be sensitive in ties with Malaysia SINGAPORE (AFP): Singapore's Deputy Prime Minister Lee Hsien Loong called yesterday for sensitivity in bilateral relations with Malaysia, but said his country would stand up "firmly" when challenged. Lee's remarks came in the wake of last week's comments by Malaysian Prime Minister Mahathir Mohamad that Singapore was the source of negative rumors on Mahathir's health and Malaysia's markets chaos.
Tue, 25 Nov 1997, 00:00 WIB
Will S. Korean economic woes maximize East Asian crisis?
Will S. Korean economic woes maximize East Asian crisis? At a late-night press briefing on Nov. 21 the South Korean Finance Minister finally ended procrastination by saying that South Korea would seek a rescue package from the International Monetary Fund (IMF). The next morning President Kim Young Sam confirmed this decision as he appealed for unity and virtually apologized for what he knew was a highly unpopular move.
Tue, 25 Nov 1997, 00:00 WIB
RP condemns rise is rebel attacks
RP condemns rise is rebel attacks MANILA (AFP): The Philippine government expressed concern yesterday over a wave of Communist guerrilla attacks which have left 15 people dead in the past four weeks as it prepared to restart peace talks. Government and rebel negotiators are likely to resume peace talks on Dec. 4, and the raids, ambushes and kidnappings being launched by the New People's Army would have to be first on the agenda, Executive Secretary Ruben Torres said.
Tue, 25 Nov 1997, 00:00 WIB
Medics sent to Irian Jaya
Medics sent to Irian Jaya WAMENA, Irian Jaya: The International Committee of the Red Cross (ICRC) has assigned a nutritionist, a doctor and two nurses for six months to help victims of drought in Jayawijaya, Puncak Jaya and Merauke districts, Antara reported. Ferenc Meyer, head of ICRC's Indonesian chapter, was quoted as saying here Saturday he had appointed Alain Mourey, a nutritionist from Switzerland, to provide highly nutritious food (BP-5 Compact Food) to residents.
Tue, 25 Nov 1997, 00:00 WIB
Liquidation of insolvent banks needed: Kwik
Liquidation of insolvent banks needed: Kwik The recent liquidation of 16 banks has sacrificed the interests of depositors. Economist Kwik Kian Gie discusses the necessity of punishing those responsible for the bankruptcy of the banks. Question: Do you agree with the liquidation of the banks? Kwik: I have been suggesting the reform of our banking sector because it has been decaying.
Tue, 25 Nov 1997, 00:00 WIB
Stock prices strengthen, rupiah weakens
Stock prices strengthen, rupiah weakens JAKARTA (JP): The prices of several big capitalized stocks on the Jakarta Stock Exchange (JSX) rose higher yesterday on the back of high expectations of a new liquidity injection into the market, securities analysts and brokers said. The stock prices on the JSX rose 4.7 percent yesterday with the main price gauge increasing by 18.94 points to 410.20 with a total turnover of 626.3 million shares valued at Rp 412.987 billion (US$114.71 million).
Tue, 25 Nov 1997, 00:00 WIB
$9.6b in private debts to mature by March
$9.6b in private debts to mature by March JAKARTA (JP): Bank Indonesia Governor J. Soedradjad Djiwandono revealed yesterday that at least US$9.6 billion of the $65 billion in the private sector's foreign debts would mature by March. Speaking at a working session of the House of Representatives' Commission VIII for state budget and finance, Soedradjad said the amount covered principals and interest charges. He reaffirmed that total private foreign debts as of September totaled $65 billion.
Tue, 25 Nov 1997, 00:00 WIB
Sutiyoso new chairman of shooting body
Sutiyoso new chairman of shooting body JAKARTA (JP): Jakarta Governor Sutiyoso was elected chairman of the Indonesian Shooting and Hunting Association for the 1997- 2001 period at the body's national congress which ended Sunday. Twenty-four provincial branches of the association agreed to Sutiyoso's nomination at the congress. Sutiyoso was the executive chairman from 1994 to 1997. "Sutiyoso is the right person to chair the association.
Tue, 25 Nov 1997, 00:00 WIB
Sarwono warns of severe grought predicted for 2000
Sarwono warns of severe grought predicted for 2000 JAKARTA (JP): Indonesia should anticipate a severe drought in 2000 which is expected to be as intense as this year's, State Minister of Environment Sarwono Kusumaatmadja said yesterday. Sarwono was reported by Antara as saying that data showed that in the past few years, the drought cycle was becoming shorter, from every five years to every three years at present. "The drought in 2000 is not something that will certainly happen ...
Tue, 25 Nov 1997, 00:00 WIB
Motivated students more apt to learn something
Motivated students more apt to learn something By Hendra Gunawan BANDUNG (JP): I could try to teach my dog how to whistle, but I guess -- however hard I tried -- my dog would not learn. I could not then call it teaching, could I? If it was teaching, then it should be categorized as bad teaching. Everybody would agree that the main task of a school teacher is to teach. But what is teaching for? Is it just to fulfill the task?
Tue, 25 Nov 1997, 00:00 WIB
Finance ministry office on fire, no one hurt
Finance ministry office on fire, no one hurt JAKARTA (JP): Fire destroyed sections of a 12-story building in the Ministry of Finance complex in Central Jakarta yesterday morning, forcing about 1,000 employees to use the emergency stairways. No fatalities were reported in the blaze which started at 10:55 a.m. A quick response by 17 fire engines ensured that Minister of Finance Mar'ie Muhammad's office, located next to the burning building, was saved.
Tue, 25 Nov 1997, 00:00 WIB
DGS nets robust earnings
DGS nets robust earnings JAKARTA (JP): Publicly-listed PT Daya Guna Samudera (DGS) fishing company reported yesterday a Rp 43 billion, or 51 percent, increase in its net profit to Rp 128 billion (US$37.6 million) for the first nine months of this year. The robust performance, despite the steep depreciation of the rupiah against the U.S. dollar since July, made the export- oriented company outstanding among most other publicly-traded companies which reported sharp falls in third quarter earnings.
Tue, 25 Nov 1997, 00:00 WIB
Three get 135-day term for drugs
Three get 135-day term for drugs JAKARTA (JP): The Serang District Court in West Java sentenced yesterday three men found guilty of possessing 11 kilograms of hashish to 135 days in jail, Antara reported. The verdict was 15 days lighter than that demanded by the prosecution. The news agency said that prosecutor Djauhari Sja'rani had earlier demanded that Edwar Sanjaya, 27, Hanafiah, 25, and Mohamad Muslim, 24, be sentenced to five months in jail. The panel of judges, presided over by Judge M.
Tue, 25 Nov 1997, 00:00 WIB
Clinton calms fears on Asian crisis
Clinton calms fears on Asian crisis By Meidyatama Suryodiningrat VANCOUVER, Canada (JP): Ahead of a meeting of 18 leaders of the Asia Pacific, United States President Bill Clinton led the way in calming fears over Asia's economic crisis, confidently describing them as "little glitches" that can be worked out. "I think this is a time for confidence in the future of Asia and confidence in the future of our relationship with them," Clinton said here Sunday local time.
Tue, 25 Nov 1997, 00:00 WIB
Orangutans expelled from their habitat
Orangutans expelled from their habitat By Iskandar Zulkarnaen SAMARINDA, East Kalimantan (Antara): An adult orangutan was so engrossed in sucking sap from the bark of a sengon tree, in a Menamang timber estate in the hinterlands of East Kalimantan, that he paid no attention to a truck roaring passed along the road. But try to get close to the orangutan and it would turn wild. The animal gets upset quickly if anyone, or anything, disturbs it or if it feels that its life is in danger.
Tue, 25 Nov 1997, 00:00 WIB
Rangkas-Jakarta train service
Rangkas-Jakarta train service As a commuter on the Rangkas Bitung-Jakarta, and return, train service (DAOPS I), I would like to draw the attention of Perumka (state railway company) to the following matters: * The Jakarta bound train should leave earlier than the current time schedule because most of the commuters start work at 6 a.m. in Jakarta. * The back coach, which is especially for goods, is a major nuisance.
Tue, 25 Nov 1997, 00:00 WIB
Transparency, market creation needed: Advisor
Transparency, market creation needed: Advisor By Meidyatama Suryodiningrat VANCOUVER, Canada (JP): Opening more domestic markets and creating better transparency are the best remedies for Asia to recover from its financial crisis, according to a member of the Asia Pacific Economic Cooperation (APEC) advisory council. "They (Asian markets) need to develop stronger indigenous capital markets, thus reducing dollar-based financing," said Robert E.
Tue, 25 Nov 1997, 00:00 WIB
Canada to sends medical specialists for Pakpahan
Canada to sends medical specialists for Pakpahan By Meidyatama Suryodiningrat and Ati Nurbaiti VANCOUVER, Canada (JP): Canadian Foreign Minister Lloyd Axworthy announced Sunday that Canada would be sending medical diagnostic equipment and medical personnel to Indonesia for jailed labor leader Muchtar Pakpahan.
Tue, 25 Nov 1997, 00:00 WIB
Charm of natural reserve in Manokwari
Charm of natural reserve in Manokwari By Ais Latuputty WANDIBOI, Irian Jaya (Antara): A hilly area, the Wondiboi nature reserve is a storehouse of potential tourist destinations which may, in the future, be developed on a large scale. Located in the Wasior subdistrict of Manokwari, Irian Jaya, Wondiboi is 23,022 hectares of land rich in rare plants and animals, both registering a high population level.
Tue, 25 Nov 1997, 00:00 WIB
BNI to provide low-cost housing credits soon
BNI to provide low-cost housing credits soon JAKARTA (JP): Bank Negara Indonesia, the country's top commercial bank, will provide low-cost housing credits beginning next year as part of its program to increase retail borrowers. BNI's president Widigdo Sukarman announced yesterday the bank's program to provide the cheap housing credits would also aim at providing more financial access for low-income people to own houses.
Tue, 25 Nov 1997, 00:00 WIB
Women 'ready for VP' in five years
Women 'ready for VP' in five years JAKARTA (JP): State Minister of Women's Roles Mien Sugandhi said yesterday Indonesian women will be ready for the vice presidency in the next five years. "Now, there's no chance for women. But in the next four or five years, Insya Allah (God willing), we can have a female vice president. There's no need to be hasty now," she told journalists during a briefing at the Ministry of Information on the 69th Women's Day scheduled for Dec. 22.
Tue, 25 Nov 1997, 00:00 WIB
SE Asian rubber market weakened
SE Asian rubber market weakened SINGAPORE (Reuters): The Southeast Asian rubber market will likely be wobbly this week as most buyers take shelter from renewed currency turmoil in the region, dealers said yesterday. "The currencies are a problem for everyone," said a dealer in a Singapore-based commodity house The steep fall of the Korean won last week sent shock waves across the region. "I expect bearish demand from Korea and Japan due to the volatile currency market.
Tue, 25 Nov 1997, 00:00 WIB
Ship slowly sinks after collision
Ship slowly sinks after collision SAMARINDA, East Kalimantan: About two thirds of the body of the KM Leuser luxurious passenger ship has sunk in the Mahakam River after it collided last Thursday with the motorized boat KM Kayu Lapis V, Antara reported yesterday. Samarinda Port chief Mardinis said the ship had tilted 48 degrees to the left. Port personnel had moored the ship to seven trees along the river, but the ship continued to sink.
Tue, 25 Nov 1997, 00:00 WIB
Business strategy in Asia Pacific
Business strategy in Asia Pacific By Sofyan Wanandi The following article is based on a paper presented at the Asia Pacific Economic Cooperation forum's CEO Summit in Vancouver, Canada on Sunday. This is the first of two articles.
Tue, 25 Nov 1997, 00:00 WIB
Singapore clarifies loan to RI
Singapore clarifies loan to RI SINGAPORE (Reuters): Singapore's US$5 billion loan for Indonesia is intended as a second line of defense to complement other aid, the Monetary Authority of Singapore (MAS) said yesterday. The MAS was responding to requests for comment on reports that Indonesian President Soeharto had said the Singapore funds would be distributed to Indonesian businesses through loans.
Tue, 25 Nov 1997, 00:00 WIB
Soeharto arrives for APEC summit
Soeharto arrives for APEC summit VANCOUVER, Canada (JP): President Soeharto arrived here on a cold, wet evening Sunday, among the last of the 18 leaders to arrive for the Asia Pacific Economic Cooperation (APEC) summit. Soeharto and his entourage, which included Minister of Foreign Ali Alatas and Minister/State Secretary Moerdiono, touched down at 11 p.m. local time. They were met by Vancouver Mayor Philip Owen and Fisheries Minister David Anderson.
Tue, 25 Nov 1997, 00:00 WIB
Asian currencies fall on Yamaichi collapse
Asian currencies fall on Yamaichi collapse SINGAPORE (AFP): Asian currencies weakened yesterday as investors worried over a new round of volatility following the deteriorating market situation in South Korea and the collapse of Japanese brokerage Yamaichi.
Tue, 25 Nov 1997, 00:00 WIB
Young golfers face tough task
Young golfers face tough task JAKARTA (JP): The country's rising young golfers are facing a tough challenge this week in the Kedaton Young Champions tournament as they have to play their 72 holes in three days instead of the usual four. On the first two days they will play 27-hole rounds at the 6.950- yard Kedaton layout, 40 kms west of Jakarta, and on the third day they will play the final round over 18 holes.
Tue, 25 Nov 1997, 00:00 WIB
An ongoing crisis
An ongoing crisis The situation we are facing at present is quite a delicate one. The present crisis -- which is probably the first of its magnitude ever to have occurred under the New Order -- represents a point (in our existence) where a rethinking of our policies is in order. The situation which we are in at present is truly difficult and complex.
Tue, 25 Nov 1997, 00:00 WIB
Sumitro says RI's microeconomics weak
Sumitro says RI's microeconomics weak JAKARTA (JP): Indonesia's most senior economist, Sumitro Djojohadikusumo, said yesterday the country's sound macroeconomics had not been supported by similarly healthy microeconomics. "Our microeconomics has illnesses in the forms of market distortions such as monopoly, oligopoly, cartels, overprotection and subsidies on certain items," Sumitro told a meeting of the Civil Servants Cooperatives Organization.
Tue, 25 Nov 1997, 00:00 WIB
Truck driver stabbed to death
Truck driver stabbed to death BOGOR (JP): A pick-up truck driver was stabbed to death allegedly by an ojek (motorcycle taxi) driver at the victim's house in Cijeruk district, Bogor, Sunday evening. Anita, the victim's wife, said yesterday that she and her husband, Heri Ansori, 25, were about to leave from their house when suddenly a man holding a dagger approached Heri. "The man chased Heri and stabbed him around the head," she said. The assailant was alleged to be a man named Bimo.
Tue, 25 Nov 1997, 00:00 WIB
BNI unveils fake promissory note
BNI unveils fake promissory note JAKARTA (JP): State-owned Bank Negara Indonesia 1946 (BNI) has asked police to probe the alleged role of three people in the counterfeiting of a promissory note valued at US$107 million. The bank's general manager for special supervision, Sjamsoel Arifien, said yesterday that the people's names were printed on the fake note. They were identified as Arifin, Firda and Firman. "They are not our employees," Sjamsoel said.
Tue, 25 Nov 1997, 00:00 WIB
Where to go in Jakarta: Tuesday, Nov. 25, 1997
Where to go in Jakarta: Tuesday, Nov. 25, 1997 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., 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.
Tue, 25 Nov 1997, 00:00 WIB
Malaysia eyes oil palm
Malaysia eyes oil palm KUALA LUMPUR (Reuters): Malaysian companies should establish offshore joint ventures in oil palm plantations to take advantage of expected increases in the world's demand for oils and fats, Primary Industries Minister Lim Keng Yaik said yesterday.
Tue, 25 Nov 1997, 00:00 WIB
New tribe found in S.E. Sulawesi
New tribe found in S.E. Sulawesi KENDARI, South Sulawesi: The provincial social services office has discovered an isolated tribe here, identified as the Kadeoha, bringing the number of primitive tribes in the province to eight. "The new tribe has an estimated 250 members. They live in Ranteangin village, Lasusua subdistrict in northern Kolaka," head of the office Rustam Palle said at a seminar on traditional and indigenous tribes over the weekend.
Tue, 25 Nov 1997, 00:00 WIB
670 die in traffic accidents in C. Java
670 die in traffic accidents in C. Java SEMARANG, C. Java: Police said here yesterday that up to 626 traffic accidents in Central Java had killed 670 people up to October this year. Central Java Police Chief Maj. Gen. Noegroho Djajoesman said as many as 389 people had been seriously injured and 803 others slightly injured in the accident. Financial losses reached Rp 1 billion (US$285,000), while the police recorded 253,469 traffic violators.
Tue, 25 Nov 1997, 00:00 WIB
Lousy car calls at the Grand Hyatt
Lousy car calls at the Grand Hyatt In Jakarta I make my living as a driver. On Saturday, Nov. 15, 1997 I got a scolding from my boss because the boss had to wait for 30 minutes for the car. This was the second time, the first time the boss waited for 25 minutes, that was about two weeks ago. I blamed the car call, which is lousy.
Tue, 25 Nov 1997, 00:00 WIB
Matahari's rights issue
Matahari's rights issue JAKARTA (JP): Matahari Putra Prima announced yesterday that it had received Rp 470 billion (about US$138 million) from Multipolar Corporation, its largest shareholder, as the payment for the portion of its rights shares. Matahari, the country's publicly-listed department store chain, said that the payment was made "in cash on hand with no bank loans".
Tue, 25 Nov 1997, 00:00 WIB
180 illegal cafes in Kemang to be closed
180 illegal cafes in Kemang to be closed JAKARTA (JP): The Jakarta administration announced yesterday that it will proceed with a plan to close 180 cafes in Kemang, South Jakarta. The deputy governor for administrative affairs, Abdul Kahfi, said the cafes were being closed for failing to comply with building permit regulations. Kahfi said the authority to seal the cafes had been given to South Jakarta mayor Pardjoko.
Tue, 25 Nov 1997, 00:00 WIB
Asian military instructors review humanitarian law
Asian military instructors review humanitarian law BANGKOK (JP): Asian military instructors began a meeting yesterday to discuss ways of promoting international humanitarian law in the daily practices of their forces. Brig. Gen. P. Lt. Sihombing, deputy military chief prosecutor and Brig. Gen. Kiki Syahnakri, deputy assistant for operations to the Army chief, represent Indonesia in the five-day meeting.
Tue, 25 Nov 1997, 00:00 WIB
When will the money crisis end?
When will the money crisis end? From Merdeka There are as yet no signs of when the current monetary crisis will end despite the announcement that financial aid will come from the International Monetary Fund (IMF) and several countries. The crisis has become more acute since the liquidation of 16 problematic banks. Many bank customers have experienced shock over the liquidation. One businessman in Lampung died after hearing about the liquidation.
Tue, 25 Nov 1997, 00:00 WIB
Asiad fund may come from State Budget before April
Asiad fund may come from State Budget before April JAKARTA (JP): State Minister of Youth Affairs and Sports Hayono Isman said yesterday that he would try to get the Asian Games funding from the 1998/1999 State Budget before the fiscal year begins in April. Speaking after a hearing with House Commission VII for youth affairs and sports, Hayono said that the National Sports Council needed the money to groom national athletes for next December's quadrennial event in Bangkok.
Tue, 25 Nov 1997, 00:00 WIB
Investors get two-year extension to start projects
Investors get two-year extension to start projects JAKARTA (JP): The government has decided to grant a two-year extension to local and foreign investors facing difficulty in starting their projects on time, State Minister for Investment Sanyoto Sastrowardoyo said yesterday. Sanyoto, also the chairman of the Investment Coordinating Board, told a hearing of the House of Representatives that investors having difficulty should apply for the extension from the ministry.
Tue, 25 Nov 1997, 00:00 WIB
48 ABRI members face dismissal
48 ABRI members face dismissal JAKARTA (JP): At least 48 Armed Forces (ABRI) personnel are facing dismissal after they were allegedly caught consuming Ecstasy pills. National Military Police Commander Maj. Gen. Syamsu D. said yesterday the personnel were arrested during a crackdown on undisciplined ABRI members between January and September. "Out of the number, three are first-grade officers (lieutenants).
Tue, 25 Nov 1997, 00:00 WIB
Electricity rates
Electricity rates From Sinar Pagi It is still fresh in our minds that our high-ranking government officials have said that telephone, electricity and fuel rates will not be raised. Rumors are rife that these rates will be increased as the declining exchange rate of our rupiah against the U.S. dollar will substantially affect Indonesia's economic order.
Tue, 25 Nov 1997, 00:00 WIB
New rule needed to protect staple markets
New rule needed to protect staple markets JAKARTA (JP): The chairman of the State Logistics Agency (Bulog) Beddu Amang said yesterday that the government should issue a ruling to prevent private companies from controlling the market of staple products such as wheat. He said he feared that without such a ruling, the government's plan to scrap next year the agency's monopoly on the staple products of wheat, wheat flour, garlic and soybeans would benefit only a few big businesses.
Tue, 25 Nov 1997, 00:00 WIB
Hotel site sales postponed
Hotel site sales postponed SINGAPORE (Reuters): Singapore's Urban Redevelopment Authority (URA) said yesterday it was postponing the sale of two hotel sites to beyond this year. The sales were originally scheduled for this month. The URA noted in a statement announcing the postponement that the Singapore Tourism Promotion Board expected growth in tourist arrivals to be affected by regional currency and stock market turmoil, as well as by the haze problem.
Tue, 25 Nov 1997, 00:00 WIB
Mien condemns dumping of babies
Mien condemns dumping of babies JAKARTA (JP): State Minister of Women's Roles Mien Sugandhi condemned yesterday the dumping of aborted fetuses and dead babies. She accused those involved in the abortions of being inhuman and immoral, and urged police and related agencies to thoroughly investigate the case. The people who conducted the abortions and later dumped the bodies could be charged under Article 341-349 of the Criminal Code, which carries a maximum penalty of 20 years in prison, she said.
Tue, 25 Nov 1997, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 24 , 1997: ------------------------------------------------------- Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 1,050 200 225,000 AHAP Insurance 925 -275 10,000 Alter Abadi 525 0 0 Alumindo Light Metal 375 0 262,500 Alumindo Perkasa 275 0 0 Aneka Kimia Raya 650 50 1,157,000 Anwar Sierad 300 50 276,500 Apac Centertex Corp.