Archive: 4 November 1997
62 articles found
Tue, 04 Nov 1997, 00:00 WIB
Transvestite killed in East Jakarta
Transvestite killed in East Jakarta JAKARTA (JP): The bound body of a 28-year-old transvestite who owned a modeling agency and also worked as a choreographer was found dead Sunday in his house in East Jakarta. The wounds to the body have led forensic doctors at Cipto Mangunkusumo General Hospital to issue a preliminary report saying that Paulus Kasman was probably murdered.
Tue, 04 Nov 1997, 00:00 WIB
Bakrie Pipe gets $80 million loan
Bakrie Pipe gets $80 million loan JAKARTA (JP): Steel pipe maker PT Bakrie Pipe Industries, a subsidiary of PT Bakrie and Brothers, has secured a US$80 million syndicated loan from local and foreign finance companies to refinance its foreign debts. The company signed a five-year loan Saturday in Bali, with Bank Bira as the loan's lead arranger.
Tue, 04 Nov 1997, 00:00 WIB
Batik copyright urgent, Try says
Batik copyright urgent, Try says YOGYAKARTA (JP): Vice President Try Sutrisno called on Indonesian batik designers and artists yesterday to pursue copyrights of their designs to protect against long-term financial loss. Addressing the opening ceremony of the 1997 International Batik Conference and Exhibition, Try said batik copyrights were an urgent step. "With tighter competition, there is a greater possibility of piracy of batik designs by means of high technology," he said.
Tue, 04 Nov 1997, 00:00 WIB
Busang scandal barely impacts mining investment
Busang scandal barely impacts mining investment JAKARTA (JP): The scandal over the Busang gold field in East Kalimantan, which involved Canadian exploration company Bre-X Minerals, did not have much of an impact on Canadian mining investment, a Canadian official said yesterday.
Tue, 04 Nov 1997, 00:00 WIB
IMF's reform package will be costly
IMF's reform package will be costly The International Monetary Fund (IMF) has finally agreed to provide Indonesia with a reform package comprising of financial assistance and a set of policy measures to overcome its economic problems. Economist Kwik Kian Gie takes a close look at this package. JAKARTA (JP): The US$23 billion package of financial assistance being offered to Indonesia is significant, far exceeding that received by Thailand.
Tue, 04 Nov 1997, 00:00 WIB
Rubber trade wary of currencies, Thai stocks
Rubber trade wary of currencies, Thai stocks SINGAPORE (Reuters): The Southeast Asian rubber trade will be dogged this week by the region's wobbly currency markets even though some Japanese buyers were said to be keen about picking up forward supplies, traders said yesterday. The trade is also keeping a wary eye for any bit of news on whether Thailand will make a decision to sell all or part of its 110,000-ton buffer stock soon, they said.
Tue, 04 Nov 1997, 00:00 WIB
Saudi Arabia wants OPEC to raise oil output ceiling
Saudi Arabia wants OPEC to raise oil output ceiling DUBAI (Reuters): OPEC kingpin Saudi Arabia yesterday said it wanted OPEC to raise its oil output ceiling to reflect higher world demand for the producer group's crude. Influential Saudi Oil Minister Ali al-Naimi said the Organization of the Petroleum Exporting Countries (OPEC) should "adopt a realistic production ceiling" when it meets in Jakarta, Indonesia, in November.
Tue, 04 Nov 1997, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Exhibitions * Batik Exhibition, by Maartri Djorghi, at Galeri TC (Twilight Cafe), Jl. Kemang Raya No.24 A South Jakarta, 11:30 a.m. to 12 p.m., until Nov. 8. * Painting Exhibition: From Mooi Indie to Persagi, at Museum Seni Rupa Jakarta, Jl. Taman Fatahilah, West Jakarta, on Tuesday to Friday, Sunday at 9 a.m. to 3 p.m., Saturday 9 a.m. to 2 p.m., until Dec. 26. * Graphic Art Exhibition: Witnesses by five Indonesian and five Dutch artists, at the Erasmus Huis, Jl.
Tue, 04 Nov 1997, 00:00 WIB
Six precincts to get new chiefs
Six precincts to get new chiefs JAKARTA (JP): Six of the nine police precincts in the Greater Jakarta area would get new chiefs, said City Police Spokesman Lt. Col. E. Aritonang yesterday. Aritonang said the new chiefs to be installed starting this week would be of the East, Central and South Jakarta, and Tangerang, Depok and Harbor Police precincts. East Jakarta Police will get Lt. Col.
Tue, 04 Nov 1997, 00:00 WIB
Hospital and conscience
Hospital and conscience Last Sunday night, my driver's son was caught in a fight and stabbed in his stomach. His friends rushed him to the nearest public hospital: RS Fatmawati. When his father arrived at the hospital several hours later, his son, who was in a coma and had lost a lot of blood from the deep wound, had not yet received any treatment. He was then told that his son could not be taken care of unless he would give a deposit of Rp 250,000 which of course he did not have on him.
Tue, 04 Nov 1997, 00:00 WIB
'Batik' dress
'Batik' dress It is wonderful to see the outlook of the Indonesian government in holding an international batik conference for the first time in Yogyakarta next week. I don't think all the participants of the conference will only sit, talk, relax, enjoy the good time at the batik exhibitions and go home. I hope the participants and organizers of the conference can give an award to Nelson Mandela, an international figure who wears batik.
Tue, 04 Nov 1997, 00:00 WIB
Arya Setyaki wins Indonesia Kart Race
Arya Setyaki wins Indonesia Kart Race JAKARTA (JP): Jakartan Arya Setyaki won the overall Indonesia Kart Race 1997 title at the Sentul circuit, near Bogor, Sunday. Setyaki, 19, a student at Trisakti University won with a total of 106 points from the seven legs of the race. Michael Ali of the Tanada Karting team came second with 97 points and Dimas Danindro third with 60 points. In Sunday's race Michael and Dimas initially pressed Setyaki very hard.
Tue, 04 Nov 1997, 00:00 WIB
Airplane accident investigation
Airplane accident investigation From Media Indonesia A news item on page 24 of Media Indonesia of Oct. 7, 1997 headlined Sikado rejects police involvement in unraveling GA 152 Case has set me reflecting upon the bad luck of the police because the authority given them by the law can be canceled simply through the statement of an official. Prior to the Afro-Asia Conference in 1955 a Kashmir Princess aircraft crashed into the sea around Natuna.
Tue, 04 Nov 1997, 00:00 WIB
U.S. confident of Thai recovery
U.S. confident of Thai recovery BANGKOK (Reuters): U.S. President Bill Clinton told the Thai prime minister he was confident of the success of international efforts to help solve Thailand's economic problems. In a letter to premier Chavalit Yongchaiyudh, Clinton said the United States would continue to work with Thailand and international financial institutions to try to help the economy which facing its worst downturn in decades.
Tue, 04 Nov 1997, 00:00 WIB
Lippo Bank California fights for comeback
Lippo Bank California fights for comeback LOS ANGELES (AP): Bad loans and worse publicity linking owner James Riady and former chief executive John Huang to questionable campaign contributions in Washington nearly put Lippo Bank California out of business. But the future is looking brighter for the tiny commercial bank which, from its Chinatown headquarters, caters to small and medium-sized businesses in California's Asian business community.
Tue, 04 Nov 1997, 00:00 WIB
Government told to be honest
Government told to be honest JAKARTA (JP): More than ever before the government needs to be "honest and transparent" in order to avoid possible social unrest following the country's deepening economic woes, a cabinet minister said here yesterday. State Minister of Environment Sarwono Kusumaatmadja when asked by journalists on the possibility of social unrest replied that such incidents could be avoided if the government shows it is honest, transparent and efficiently implementing sound policy.
Tue, 04 Nov 1997, 00:00 WIB
Bogor team to represent Indonesia
Bogor team to represent Indonesia JAKARTA (JP): T. Sugianto, Zainal Effendi and Anthony Hatuley from the Bogor golf club won the 1997 Johnnie Walker Inter-team Championship national final at the Jagorawi Golf and Country Club Sunday. They will also represent Indonesia in the upcoming Johnnie Walker International final at the Emeralda golf and country club on Dec. 3 and Dec. 4.
Tue, 04 Nov 1997, 00:00 WIB
New government economic policy
New government economic policy JAKARTA (JP): The following is the full text of the government's statement on its new economic policy announced on Nov. 3, 1997. 1. The government is today announcing a series of economic policy measures.
Tue, 04 Nov 1997, 00:00 WIB
Tiger eats three goats
Tiger eats three goats BOGOR (JP): A tiger has eaten three goats over the past five weeks in Pulasari village, adjacent to the Ciaten tea plantation in the Leuwiliang subdistrict, Bogor, a village resident said. Icang, head of a local neighborhood, said over the weekend that the last goat was eaten in the third week of last month, while the first was eaten at the end of September. He said all the locals had found after the goats disappeared was blood in their barn the next morning.
Tue, 04 Nov 1997, 00:00 WIB
Preventing future forest fires (2)
Preventing future forest fires (2) By Aleksius Jemadu This is the second of two articles on how we can prevent forest fires in the future. BANDUNG (JP): Yet the question is how can we establish multiorganizational service networks in the forestry sector? We have learned that networks consist of interactions among public and private actors who are bound together by the fact that they are interdependent.
Tue, 04 Nov 1997, 00:00 WIB
Southeast Asian currencies leap
Southeast Asian currencies leap SINGAPORE (Reuters): Southeast Asian currencies leapt yesterday as Indonesia's early efforts to reform its economy in response to a massive IMF-led aid package sparked hopes the region might be headed for a turnaround. Asian stock markets, particularly Hong Kong and Singapore, also benefited from the rosier mood, rising substantially.
Tue, 04 Nov 1997, 00:00 WIB
Central bank advises public not to panic
Central bank advises public not to panic JAKARTA (JP): The governor of Bank Indonesia, Soedradjad Djiwandono, dismissed rumors yesterday that more banks would be liquidated and urged people to remain calm. Soedradjad said the rumors were being spread by irresponsible people who wanted to stir up trouble. The government had liquidated only 16 banks as announced Saturday. "This sanction will not affect other banks and they will continue to process daily transactions as usual," Soedradjad said.
Tue, 04 Nov 1997, 00:00 WIB
China's Jiang Zemin evokes Pearl Harbor history
China's Jiang Zemin evokes Pearl Harbor history Chinese President Jiang Zemin's just completed eight-day tour of the United States was hardly the landmark visit which the Chinese said it would be. Noting the lack of concrete achievement, The Jakarta Post Asia correspondent Harvey Stockwin reflects on one little noticed ceremony with which Jiang began his odyssey.
Tue, 04 Nov 1997, 00:00 WIB
Tering Bay Open tees off today
Tering Bay Open tees off today BATAM ISLAND, Riau (JP): About 140 professional and amateur golfers from both host Indonesia and neighboring southeast Asian countries are expected to take part in the Tering Bay Open Golf Championships which tees off here today. The four-day tournament, which offers total cash prizes of US$50,0000 (Rp 175 million), is being played at the Tering Bay Golf and Country Club, designed by world golfing great Greg Norman of Australia.
Tue, 04 Nov 1997, 00:00 WIB
Udin's alleged killer freed from murder charge
Udin's alleged killer freed from murder charge YOGYAKARTA (JP): Prosecutors yesterday dropped their case against Dwi Sumadji, accused of murdering Bernas daily journalist Fuad Muhammad Syafrudin, and called for his release after conceding there was insufficient evidence to support their case. Prosecutor Amrin Naim told the court that the indictment against Dwi Sumadji, alias Iwik, was not supported by material evidence or credible testimony.
Tue, 04 Nov 1997, 00:00 WIB
PDAM Jaya holds writing contest
PDAM Jaya holds writing contest JAKARTA (JP): The city-owned water company PDAM Jaya is holding a writing contest for Jakartans and members of the Indonesian Journalists Association's city branch to commemorate its 75th anniversary. Applications for the contest, titled "Seventy-five years of PAM Jaya serving the people", should be sent to the PAM Jaya office before Dec. 15, the company's president Rama Boedi was quoted by Antara as saying over the weekend.
Tue, 04 Nov 1997, 00:00 WIB
Rupiah rises 8 percent on joint intervention, reform
Rupiah rises 8 percent on joint intervention, reform JAKARTA (JP): The rupiah rose 8 percent against the U.S. dollar in hectic trading yesterday as Indonesian, Singaporean and Japanese central banks jointly intervened in the market to support the rupiah, dealers said. The rupiah surged to a high of 3,240 against the greenback before closing at 3,270/3,300, compared with an opening of 3,540/3,555.
Tue, 04 Nov 1997, 00:00 WIB
Chinese medicine seller deported
Chinese medicine seller deported JAMBI: Immigration authorities announced yesterday that they would deport a Chinese national, Chen Liyun, 45, for misusing his visa. A local justice official, Woerjanto, said that Chen was detained on Wednesday in Angso Duo market, Jambi, after the justice office received information about a Chinese man selling in the market who could not speak Indonesian. "After checking documents at the immigration service, we knew that Chen Liyun arrived in Indonesia on Oct.
Tue, 04 Nov 1997, 00:00 WIB
Timor denies rumors of acquisition by Astra
Timor denies rumors of acquisition by Astra JAKARTA (JP): The producer of the internationally debated national car, PT Timor Putra Nasional (TPN), denied yesterday it would be taken over by automobile giant PT Astra International. The company also denied rumors that its former president, Hutomo Mandala Putra, widely known as Tommy, had to leave the company because of pressure from the International Monetary Fund (IMF).
Tue, 04 Nov 1997, 00:00 WIB
Soldier held for exploding grenade
Soldier held for exploding grenade BANDAR LAMPUNG, Lampung: A soldier is currently being detained after he accidentally exploded a grenade while on leave last month near his parents' home in Metro-Kibang, Central Lampung. Col. C. Simbolon, commander of the Garuda Hitam military command, said the 19-year-old soldier, identified only as Her, did not set off the grenade intentionally.
Tue, 04 Nov 1997, 00:00 WIB
Smog back in Singapore
Smog back in Singapore SINGAPORE (Reuters): Singaporeans woke up to the smell of smoke yesterday as smog fueled by Indonesian bush fires sneaked back into town overnight. The government said the air was unhealthy after nearly a week of almost decent weather. The Ministry of Environment said the Pollutants Standard Index (PSI) hit 104 as of 10 a.m. (9 a.m. Jakarta time).
Tue, 04 Nov 1997, 00:00 WIB
Minivan drivers on strike
Minivan drivers on strike JAKARTA (JP): Dozens of minivan drivers went on strike yesterday to protest hoodlums' ongoing extortion racket in Tanah Abang, Central Jakarta. Their action left hundreds of people temporarily stranded. The drivers of M-11 and M-09 minivans, plying Kebun Jeruk- Tanah Abang and Kebayoran-Tanah Abang routes respectively, said hoodlums extorted Rp 2,000 (U.S. 55 cents) everyday, according to an officer from the West Jakarta Police Precinct.
Tue, 04 Nov 1997, 00:00 WIB
NU shuns succession debate
NU shuns succession debate SEMARANG (JP): Chairman of the influential Moslem organization Nahdlatul Ulama (NU), Abdurrahman Wahid, called on members to stay away from the presidential succession debate saying that the matter would be deliberated by the People's Consultative Assembly (MPR). "The presidential and vice presidential candidacies are not NU's concern. They are the MPR's.
Tue, 04 Nov 1997, 00:00 WIB
Embraced couples found dead in car
Embraced couples found dead in car UJUNGPANDANG, South Sulawesi: Two young couples were found dead in an embrace yesterday inside their van. The cause of the deaths is still being investigated but forensic specialist Randanan Bandaso said yesterday there were indications that it could be carbon monoxide poisoning. One couple -- Toni, 20, and Anita, 16, -- died in each others arms in the front seat of the Kijang van while Setiawan and Lina, both 14, were in the back.
Tue, 04 Nov 1997, 00:00 WIB
Bank liquidations spark uncertainty
Bank liquidations spark uncertainty JAKARTA (JP): Many people are leading miserable and uncertain lives in the wake of the government closing 16 unhealthy banks Saturday. Staff of the liquidated banks are worried about their future employment, while the institutions' customers are scared they might lose their precious money. Dozens of employees of Bank Andromeda's Cikini branch in Central Jakarta flocked to the bank at 8 a.m. yesterday, but nobody got into the building.
Tue, 04 Nov 1997, 00:00 WIB
Monopoly curbed, trade tariffs cut
Monopoly curbed, trade tariffs cut JAKARTA (JP): The government decided yesterday to abolish the National Logistic Agency's (Bulog) right to a monopoly on several food commodities, allow foreign-owned firms to distribute their own products throughout the country and cut import tariffs and export taxes. The measures, announced jointly by Minister of Industry and Trade Tunky Ariwibowo, Minister of Finance Mar'ie Muhammad and Bank Indonesia Governor J.
Tue, 04 Nov 1997, 00:00 WIB
'GO' wins SEA Games photo contest
'GO' wins SEA Games photo contest JAKARTA (JP): Sudewa from GO tabloid, with his photo Memang Indah (It's Beautiful), was yesterday declared the winner of the 19th SEA Games photo competition, which was sponsored by Konica, and won the Rp 1.5 million (US$458) first prize. Johny T.
Tue, 04 Nov 1997, 00:00 WIB
Mahathir's call to WTO makes sense
Mahathir's call to WTO makes sense Since the Asian currency and stock market turmoil began, resentment against the West has swept through Southeast Asia. It is not just Malaysian Prime Minister Mahathir Mohamad who believes there is a Western plot to undermine the economies of this whole region. Now that Hong Kong has been badly hit, with Western speculators gunning for the dollar and dumping shares, the conspiracy theory is quickly making the rounds. Even Hang Seng Bank chairman Sir Q.W.
Tue, 04 Nov 1997, 00:00 WIB
UN should manage globalization: Soeharto
UN should manage globalization: Soeharto KUALA LUMPUR (AFP): Indonesian President Soeharto called yesterday for an urgent effort by developing countries to stabilize financial markets and suggested that economic globalization should be "managed" by the United Nations.
Tue, 04 Nov 1997, 00:00 WIB
Wasur Park imperiled by development onslaught
Wasur Park imperiled by development onslaught By Ais Latuputty MERAUKE, Irian Jaya (Antara): The inexorable march of development is eating away at pristine Wasur National Park, home to Southeast Asia's largest wetland area. Its 413,000 hectares in Irian Jaya were formerly closed to all development. That has changed.
Tue, 04 Nov 1997, 00:00 WIB
British steel plan under threat
British steel plan under threat By Antony Barnett LONDON: Turmoil in Asian financial markets is threatening to scupper a flagship US$800 million dollars investment plan by British Steel. The company disclosed during the summer its intention to take a majority stake in an Indonesian project to build a large steel mill to supply Southeast Asia. The investment was seen as central to its efforts to reduce its dependence on UK production.
Tue, 04 Nov 1997, 00:00 WIB
Andromeda may challenge bank closure in court
Andromeda may challenge bank closure in court JAKARTA (JP): Bank Andromeda's owners may challenge Minister of Finance Mar'ie Muhammad's decision to shut the bank in the Jakarta Administrative Court, shareholder Bambang Trihatmodjo said yesterday. Bambang, one of President Soeharto's sons, said the government's decision to close down the bank had come as a surprise. He questioned the decision because he said the bank's only violation was the legal lending limit requirement.
Tue, 04 Nov 1997, 00:00 WIB
Yayuk's partner faces Kremlin row
Yayuk's partner faces Kremlin row MOSCOW (Reuters): Dutch tennis player Caroline Vis, disqualified from Sunday's Kremlin Cup women's doubles final for insulting the umpire, will also be fined, a spokeswoman for the Russian organizers said yesterday. Vis and partner Yayuk Basuki of Indonesia, the second seeds, were trailing 5-3 in the first set to top seeds Arantxa Sanchez- Vicario and Natasha Zvereva when Vis argued with the umpire over a line call and was ordered to leave the court.
Tue, 04 Nov 1997, 00:00 WIB
Ricky Putra to go public next month
Ricky Putra to go public next month JAKARTA (JP): Garment company PT Ricky Putra Globalindo plans to sell 60 million new shares, or 37.5 percent of enlarged shares, to the public next month to strengthen the its operations and repay loans. The company's marketing director, Tirtaheru Citra, said yesterday it would float the shares on the Jakarta and Surabaya stock exchanges next month. "We expect to raise about Rp 50 billion from the initial public offering," Tirtaheru said.
Tue, 04 Nov 1997, 00:00 WIB
Bakrie sells coal stake
Bakrie sells coal stake SYDNEY, Australia (AP): PT Bakrie Brothers, BHP's Indonesian coal mining partner, plans to sell its 20 percent stake in the PT Arutmin Indonesian joint venture for around US$50 million, The Australian newspaper said Monday. Bakrie treasurer Arun Bathia said due diligence was being carried out on the Kalimantan thermal coal operations by four interested parties, the paper said. Two of those parties are said to be international operators, the newspaper said.
Tue, 04 Nov 1997, 00:00 WIB
200,000 risk developing cancer yearly: Expert
200,000 risk developing cancer yearly: Expert JAKARTA (JP): At least one out of every 1,000 Indonesians are at risk of developing cancer every year, according to Melissa L. Luwia of the Indonesian Cancer Foundation. Melissa, the director of the foundation's Center for Early Diagnoses, told a recent seminar in Malang, East Java, that cervical cancer was the most common in the country. If detected and treated early, cancer can be cured, she told the 200 seminar participants.
Tue, 04 Nov 1997, 00:00 WIB
Asian palm oil price seen rising
Asian palm oil price seen rising KUALA LUMPUR (Reuters): Asian palm oil prices will continue their upward trend this week with prospects of good export business due to palm's discount over other vegetable oils, with currency factors boosting sentiment, regional traders said. "Palm is still looking firm," a senior trader in Singapore said. "The medium-term outlook is looking good." Fundamentally, buying for palm oil is running at strong levels, dealers said.
Tue, 04 Nov 1997, 00:00 WIB
Indonesia pays tribute to Pranadjaja
Indonesia pays tribute to Pranadjaja JAKARTA (JP): Pranadjaja Djojodinoto, Indonesia's renowned tenor, and classical and pop music teacher, left his Jl. Radio IV residence in South Jakarta for the last time yesterday to the song of As Long As I Have Music performed by 35 of his students.
Tue, 04 Nov 1997, 00:00 WIB
Closing bad banks
Closing bad banks Fostering a sound banking sector through orderly financial conditions and a good monetary system has always been a core component of IMF-supported programs in its member countries, as again amply evidenced by Indonesia's latest reform package. The rationale is that banking problems can be costly for and disruptive to economic performance.
Tue, 04 Nov 1997, 00:00 WIB
2,000 Karens flee Myanmar
2,000 Karens flee Myanmar BANGKOK (AFP): Some 2,000 villagers, mostly ethnic Karens, have fled Myanmar into Thailand since last week and are likely to face repatriation, Thai military and border sources said yesterday. Villagers fled forced labor at the hands of the Myanmar military and poverty conditions in Karen state, but have been denied access to Thai refugee camps because they are not escaping fighting, sources said.
Tue, 04 Nov 1997, 00:00 WIB
Porsche to enter Thailand
Porsche to enter Thailand BANGKOK (AFP): German sports car manufacturer Porsche AG will send a mission to explore investment possibilities in Thailand, a Thai Board of Investment (BoI) official said yesterday. Porsche officials had approached the BoI office in Frankfurt, and would next week visit Thailand to discuss the possibility of setting up a parts production facility, said BoI deputy secretary-general Chakramon Phasukavanich. Thailand is the largest auto producer in Southeast Asia.
Tue, 04 Nov 1997, 00:00 WIB
NIDEC invests in Bintan
NIDEC invests in Bintan SINGAPORE (Reuters): Osaka-listed NIDEC Corp is investing US$15 million in a production facility at the Bintan Industrial Estate (BIE) in Indonesia, BIE said on Monday. It said NIDEC. a manufacturer of spindle motors for hard disk drives, was expanding its Singapore operations to Bintan, an Indonesian island near Singapore. The Bintan plant would produce bracket and hub assemblies, BIE said in a statement.
Tue, 04 Nov 1997, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 3, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 875 25 50,000 AHAP Insurance 2,500 0 0 Alter Abadi 525 -75 2,500 Alumindo Light Metal 525 -25 832,500 Alumindo Perkasa 300 0 0 Aneka Kimia Raya 750 100 2,189,000 Anwar Sierad 725 0 524,500 Apac Centertex Corp.
Tue, 04 Nov 1997, 00:00 WIB
Golkar's policy draft to be used as reference
Golkar's policy draft to be used as reference JAKARTA (JP): After a week of debate, minority factions in the People's Consultative Assembly (MPR) agreed yesterday to use Golkar's draft as the outline for drawing up the coming state policy guidelines (GBHN). After a week of delays and long debates, representatives of the United Development Party (PPP) and the Indonesian Democratic Party (PDI) acquiesced with a note of defiance.
Tue, 04 Nov 1997, 00:00 WIB
Violation of high-rise building permits 'rife'
Violation of high-rise building permits 'rife' JAKARTA (JP): Most developers in Jakarta have violated permits for the construction of high-rise buildings, a businessman said yesterday. Enggartiasto Lukita, former head of the Indonesian Real Estate Association, said the city bylaw on high-rise buildings had been implemented in a "flexible way". Enggar was responding to media reports that the construction of Mulia Senayan Hotel on Jl.
Tue, 04 Nov 1997, 00:00 WIB
China Light eyes RI deal
China Light eyes RI deal HONG KONG (Reuters): China Light & Power Co Ltd said yesterday it was in talks with PT Perusahaan Listrik Negara (PLN) on a project for a submarine cable linking the Indonesian islands of Bali and Lombok. "It is a substantial project, more than US$100 million depending on the capacity of the cable," managing director Ross Sayers told a news conference.
Tue, 04 Nov 1997, 00:00 WIB
AIDS meeting targets truck, bus drivers
AIDS meeting targets truck, bus drivers JAKARTA (JP): Twenty inter-city truck and bus drivers are participating in a three-day meeting on HIV/AIDS here beginning yesterday. Jointly sponsored by the United Nations Children Fund (Unicef) and Organda, the country's organization of land transportation owners, the meeting is designed to give basic knowledge of the condition to the drivers, which are believed to be vulnerable to the syndrome, said organizer chairman Dadan Irawan.
Tue, 04 Nov 1997, 00:00 WIB
Singaporean arrested for drug smuggling
Singaporean arrested for drug smuggling JAKARTA (JP): Customs officials at Soekarno-Hatta International Airport have arrested a Singaporean man for allegedly smuggling 4.106 kilograms of methamphetamine, the main ingredient of Ecstasy. The acting chief of the customs office, Soemarjono, said yesterday that Lee Keh Wan, 47, was arrested Saturday evening within minutes of arriving from Guangzhou, in China, on China Southern Airlines flight number 387.
Tue, 04 Nov 1997, 00:00 WIB
'Pocong' oath a unique religious way to settle disputes
'Pocong' oath a unique religious way to settle disputes By Sumanto GROBOGAN, Central Java (JP): Tension gripped some 1,000 people taking part in the pocong oath procession held at Baitul Makmur mosque in Purwodadi here one morning. After being bathed, Subari, from Werdoyo village in Grobogan, was wrapped up in an unbleached shroud just as though he was a Moslem corpse ready for burial.
Tue, 04 Nov 1997, 00:00 WIB
Asian fund to be finalized next month: De Ocampo
Asian fund to be finalized next month: De Ocampo TOKYO (AFP): Philippines Finance Secretary Roberto de Ocampo forecast in remarks published yesterday that a proposed Asian monetary fund would be finalized in December. De Ocampo said regional self-help was crucial amid Asia's financial market turmoil.
Tue, 04 Nov 1997, 00:00 WIB
Economist challenges liquidation measure
Economist challenges liquidation measure JAKARTA (JP): Economist Didik J. Rachbini said yesterday that the government's decision to liquidate 16 private banks was based on nontransparent criteria. "Bank Indonesia's decision to liquidate the banks was not very transparent, because there are other banks which deserve to be liquidated more than them," he said. He noted that debt-ridden state-owned Bank Pembangunan Indonesia should have been one of the banks that were closed.
Tue, 04 Nov 1997, 00:00 WIB
Regional markets rally as currencies stabilize
Regional markets rally as currencies stabilize HONG KONG (AFP): Hong Kong share prices surged 5.9 percent yesterday on bargain-hunting as stable regional currencies and a multi-billion-dollar international aid package for Indonesia cheered Asia-Pacific markets. "Investors think the market has stabilized," amid an easing of fears over attacks on regional currencies, said Sean Li, associate director at Amsteel Securities. Hong Kong's key Hang Seng Index gained 631.33 points to close at 11,255.