Archive: 13 December 1997
61 articles found
Sat, 13 Dec 1997, 00:00 WIB
Asian stock markets dip at the end of bruising week
Asian stock markets dip at the end of bruising week HONG KONG (AFP): Most Asia-Pacific stock markets closed lower yesterday at the end of a bruising week spent under the shadow of South Korea's deepening financial turmoil. South Korean and Indonesian stock markets led Friday's sell- off with declines of 7.1 percent and 7.6 percent respectively, with Indonesian investors jittery about the health of 76-year-old President Soeharto.
Sat, 13 Dec 1997, 00:00 WIB
Daewoo-Ssangyong deal a boon for customers
Daewoo-Ssangyong deal a boon for customers By John Aglionby DAEWOO's takeover of Ssangyong Motor should benefit all concerned, the Ssangyong distributor in Indonesia believes. Angky Camaro, the managing director of Indomobil, which includes Ssangyong in its stable, is confident that the deal between the two South Korean companies announced Monday, and effective from next Monday, will result in both firms emerging stronger from the current economic crisis.
Sat, 13 Dec 1997, 00:00 WIB
East Java govt to help divorcees
East Java govt to help divorcees SURABAYA (JP): The East Java government has decided to provide training and Rp 200,000 (US$44) in business capital to every divorced woman or widow in the province, in an effort to curb prostitution. Head of the provincial office of social services Nandi Sugandhi revealed the plan here yesterday after meeting with East Java Governor Basofi Soedirman. "The main target (of the project) are young divorcees and widows who are vulnerable to social ills," Nandi said.
Sat, 13 Dec 1997, 00:00 WIB
Hoyer-Larsen meets Dong in GP Finals semis
Hoyer-Larsen meets Dong in GP Finals semis JAKARTA (JP): So close but yet so far. Hermawan Susanto was on the verge of qualifying for the semifinals of the 1997 Lipton World Grand Prix Badminton Finals at the Senayan Indoor Stadium yesterday but the 1996 Olympic gold medalist Poul-Erik Hoyer- Larsen of Denmark buried his dream. Hermawan, world ranked 10, lost 13-15, 15-7, 15-8 in the 57- minute match to world ranked three Hoyer-Larsen. The semifinals will be aired live on RCTI at 5 p.m.
Sat, 13 Dec 1997, 00:00 WIB
Australia students questioned
Australia students questioned SEMARANG, Central Java: Two Australian students, Stuart Munckton, 20, and Mary Little, 21, have been questioned by immigration officials following involvement in a demonstration during Wednesday's Human Rights Day. They were detained by police after taking pictures of the demonstration held by the Public Alliance on Human Rights. Antara quoted District Military Commander Lt. Col.
Sat, 13 Dec 1997, 00:00 WIB
Lament for minor languages
Lament for minor languages By A. Chaedar Alwasilah BANDUNG (JP): All countries have their own language policies to ascertain that the languages used facilitate national development. In the case of Indonesia, language planning should address three different areas -- the national language, ethnic languages and foreign languages, especially English. The 1994 curriculum is an inseparable part of the national language planning.
Sat, 13 Dec 1997, 00:00 WIB
S'pore oil spill captain charged
S'pore oil spill captain charged SINGAPORE (Reuters): Prosecutors laid yesterday a second charge against the captain of a ship involved in a tanker collision that spewed almost 29,000 tons of oil into the Singapore Strait. Michael Chalkitis, Greek captain of the Cyprus-flagged oil tanker Evoikos, was charged with failing to keep a proper look- out, an offense which carries a fine of Singapore $10,000 (US$6,100). The 58-year-old Chalkitis already faces a charge of reckless navigation.
Sat, 13 Dec 1997, 00:00 WIB
Students demand Latief quit over misuse of funds
Students demand Latief quit over misuse of funds YOGYAKARTA (JP): After several days of lull, Minister of Manpower Abdul Latief has again become the target of harsh criticism over the alleged misuse of workers' insurance funds for the deliberation of the manpower bill. Hundreds of Gadjah Mada University students demonstrated here yesterday, demanding that Latief resign and account for the alleged misuse.
Sat, 13 Dec 1997, 00:00 WIB
Rupiah breaks 5,000 barrier against the U.S. greenback
Rupiah breaks 5,000 barrier against the U.S. greenback JAKARTA (JP): The rupiah and the stock market plunged to new uncharted lows yesterday on regional weaknesses and news that President Soeharto would cancel his trip to Kuala Lumpur, dealers and stockbrokers said. They said the cancellation of Soeharto's trip revived speculation about his health, forcing the rupiah to break the 5,000 barrier to a new record low of 5,225 against the U.S. dollar in the spot market.
Sat, 13 Dec 1997, 00:00 WIB
ABRI blames rumors for monetary crisis
ABRI blames rumors for monetary crisis JAKARTA (JP): The Armed Forces (ABRI) is blaming Indonesia's weakening monetary situation on certain groups who are spreading malicious rumors to wane the economy. Speaking to reporters after addressing a leadership meeting of Golkar's labor wing SOKSI, Armed Forces Chief of Sociopolitical Affairs Lt. Gen. Yunus Yosfiah said his office is investigating the matter.
Sat, 13 Dec 1997, 00:00 WIB
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) conversion rates on Dec.
Sat, 13 Dec 1997, 00:00 WIB
Economic woes to top ASEAN summit agenda
Economic woes to top ASEAN summit agenda KUALA LUMPUR (AP): Asian leaders, who helped foster rapid growth with a philosophy of cooperation without interference in each other's affairs, are facing some cold, hard realities. When the heads of the nine-nation Association of Southeast Asian Nations (ASEAN) meet for three days starting tomorrow, it will be against a backdrop of currency crises and stock market turmoil that have swept the region in recent months.
Sat, 13 Dec 1997, 00:00 WIB
Airport police chief fired for extortion
Airport police chief fired for extortion TANGERANG (JP): The Soekarno-Hatta International Airport police subprecinct chief has been fired for allegedly extorting money from two foreign passengers suspected to be smugglers, raising the number of senior officer dismissals in Tangerang to three over the last two years. Capt. T. Silitonga, who had recently been assigned to hold the position a few months ago, was believed to have violated police regulations when dealing with the two suspects.
Sat, 13 Dec 1997, 00:00 WIB
Do we have to import rice?
Do we have to import rice? In Indonesia rice is a vital commodity and there are worried rumors if there is a shortage of it or prices soar beyond control. The government realizes this and always keeps a close watch on the rice situation. If a shortage in certain areas is expected then Bulog (the National Logistics Agency) steps in with what we call market operation to keep prices stable and the stocks adequate. In The Jakarta Post on Dec.
Sat, 13 Dec 1997, 00:00 WIB
Singapore still optimistic as growth prospects downgraded
Singapore still optimistic as growth prospects downgraded SINGAPORE (AFP): The Singapore government yesterday expressed confidence in the island's long-term economic prospects as investment houses sharply downgraded 1998 growth forecasts because of the regional financial crisis. "Despite the current economic uncertainties in the region, the longer-term prospects are positive," Deputy Premier Lee Hsien Loong said at the opening of a petrochemical plant costing S$3.4 billion (US$2.1 billion).
Sat, 13 Dec 1997, 00:00 WIB
Utut loses in world chess c'ships
Utut loses in world chess c'ships JAKARTA (JP): Indonesian Grandmaster Utut Adianto suffered his first defeat at the world chess championships in Groningen, the Netherlands, Thursday. Utut's defeat came in the first game of the second against GM Peter Svidler of Russia on the 44th move. Utut, Indonesia's best ever chess player, is 50th in the world rankings with an elo rating of 2,615. Svidler has an elo rating of 2695.
Sat, 13 Dec 1997, 00:00 WIB
Ford Lynx slips quietly onto small car shopping lists
Ford Lynx slips quietly onto small car shopping lists By John Aglionby You have to hand it to Ford. The economy is in turmoil and the cost of imports is rising exponentially by the day as the rupiah continues its free fall but the American company goes ahead and launches a sedan that many image-conscious Indonesians will see as nothing more than a taxi without the meter and badge. With no fanfare whatsoever the fourth-generation Laser, called Lynx, went on sale this week.
Sat, 13 Dec 1997, 00:00 WIB
Mayor asked to help settle land dispute
Mayor asked to help settle land dispute JAKARTA (JP): Governor Sutiyoso ordered East Jakarta Mayor Sudarsono to investigate and settle a dispute between a city- owned developer and a private bank over a 2,187-square-meter plot on Jl. Matraman. The governor said he expected that PD Sarana Jaya and Bank Bira -- which is currently occupying 1,063 square meters of the disputed land -- could reach a win-win solution.
Sat, 13 Dec 1997, 00:00 WIB
Mercedes-Benz lifts lid on new CLK Cabrio
Mercedes-Benz lifts lid on new CLK Cabrio By Neil McDonald MERCEDES-BENZ may have come up with the perfect compromise for Indonesian buyers looking for open-top motoring -- the new CLK Cabrio. Although PT Star Motors, the local assembler and importer, has brought in about 35 SLKs -- the sporty drop-top two seater -- there are doubts over further imports due to government concern that the car is unsuitable for the Indonesian market.
Sat, 13 Dec 1997, 00:00 WIB
UNIDO ready to help develop RI's industry
UNIDO ready to help develop RI's industry JAKARTA (JP): The United Nations Industrial Development Organization (UNIDO) said here yesterday it was ready to work with the Indonesian government to develop the country's industrial sector. UNIDO'S Jakarta director Syed Asis Hasnain said yesterday studies conducted by the organization could be applied to develop the country's industrial activities. "Indonesia has a very potential industrial sector to supply the world's market ...
Sat, 13 Dec 1997, 00:00 WIB
Experts call for action to curb unemployment
Experts call for action to curb unemployment JAKARTA (JP): Experts are appealing to the government to take concrete measures to stop high unemployment from swelling as a result of the economic crisis.
Sat, 13 Dec 1997, 00:00 WIB
Asian currencies fret as won, rupiah plummet
Asian currencies fret as won, rupiah plummet SINGAPORE (Reuters): Thin year-end trading, South Korea's economic woes and renewed worries about Indonesian President Soeharto's health sent Asian currencies spiraling to new lows yesterday. Foreign exchange traders were quick to move their targets higher for the U.S. dollar as beleaguered Asian currencies skidded below previous forecasts in markets characterized by wide spreads and thin volumes.
Sat, 13 Dec 1997, 00:00 WIB
RP congressman gets 173 years
RP congressman gets 173 years MANILA (Reuters): A Philippine trial court sentenced yesterday congressman Romeo Jalosjos up to 173 years in jail for raping a minor in one of the country's most celebrated sex cases in years. "The prosecution has proven beyond reasonable doubt the guilt of the accused Romeo Jalosjos Garcia as principal in the two counts of statutory rape ... (who) is hereby declared convicted," the verdict, read by a clerk to the packed courtroom, said.
Sat, 13 Dec 1997, 00:00 WIB
S. Korea's GNP admits trying to raise loans
S. Korea's GNP admits trying to raise loans SEOUL (AFP): South Korea's majority party admitted yesterday to trying to raise massive underground loans, triggering accusations it was seeking to buy votes in the Dec. 18 presidential poll. A Grand National Party (GNP) spokesman said the party had tried to raise 50 billion won (US$28 million) in kerb loans by mortgaging real estate, but denied the money was to be used for electioneering.
Sat, 13 Dec 1997, 00:00 WIB
Asia metal recovery elusive
Asia metal recovery elusive SINGAPORE (Reuters): Recovery is looking more elusive for base metals in Asia as regional currencies crashed to record lows against the U.S. dollar on Friday, dealers said. "Because of this currency situation, I can only see a dark picture. There is no light at the end of the tunnel," said a dealer with a major European house. "Whether or not the Asia metals market comes out from its doldrums will depend a lot on the currencies first," said another dealer.
Sat, 13 Dec 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 Environment: Mengenal Lingkungan 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: Karang Taruna 8:05 TV Drama 9:00 World News 9:30 Quiz: Berpacu Dalam Melodi 10:30 Late News 10:40 Traditional Performance: Gelar Kesenian...
Sat, 13 Dec 1997, 00:00 WIB
New policy for village development
New policy for village development PALU, Central Sulawesi: The government has issued three new policies on village development in anticipation of the social changes occurring as a result of development and the global era. "The policies include empowering the public and giving them autonomy and authority in development. It will modernize the socioeconomic structure and public culture in their villages," the Home Ministry's Director General of Villagers Development, H.
Sat, 13 Dec 1997, 00:00 WIB
South Korea's financial crisis attacks world markets again
South Korea's financial crisis attacks world markets again By Nick Cumming-Bruce and Larry Elliott BANGKOK/LONDON: Shock waves from a new financial crisis in South Korea rippled round the globe Thursday with Asia gripped by a currency contagion and share prices plunging in Europe and North America.
Sat, 13 Dec 1997, 00:00 WIB
Bouraq private exchange rate
Bouraq private exchange rate Did Bouraq know something about what was going to happen to the rupiah well before we all did? As of mid October it had set its own private, profit-making rate of Rp 4,100/US$ for people purchasing airline tickets. Prices were quoted in US$, but if you wanted to pay in rupiah, then you had to pay Bouraq Rp 4,100 for every dollar, while in the real world the exchange rate was still well below Rp 3,500/US$.
Sat, 13 Dec 1997, 00:00 WIB
Malaysia told to get saving
Malaysia told to get saving KUALA LUMPUR (AFP): Malaysian Premier Mahathir Mohamad pushed the private sector to trim high salaries now paid to its senior executives in the wake of the current economic turmoil, reports said yesterday. "One reason for a company's high operating costs is excessive salaries for top and middle-rung staff, like engineers fresh from university," Mahathir was quoted as saying by Bernama news agency.
Sat, 13 Dec 1997, 00:00 WIB
Aid to Korea should be raised to $100b: Analysts
Aid to Korea should be raised to $100b: Analysts SINGAPORE (Reuters): The International Monetary Fund's (IMF) US$57 billion aid package for South Korea is not nearly big enough to plug Seoul's vast short-term debt gap and needs to be substantially increased, analysts said yesterday. The short-term foreign currency debt has turned out to be much larger than originally anticipated, twice as large in fact, and by the end of this year alone around US$20 billion is due.
Sat, 13 Dec 1997, 00:00 WIB
Hit-and-run taxi driver kills school student
Hit-and-run taxi driver kills school student JAKARTA (JP): A taxi driver, who tried to flee after allegedly hitting a 14-year-old boy on Jl. Raya Bekasi in East Jakarta, was caught a few hours later by a motorist who gave chase. The unidentified taxi driver managed to escape because bystanders were busy helping the victim -- identified as Koko Sulistyo -- a student of state junior high school SMPN 90, Hardiman, one of the victim's teachers, said.
Sat, 13 Dec 1997, 00:00 WIB
Patmawati, Winarni get Rp 50m bonus
Patmawati, Winarni get Rp 50m bonus JAKARTA (JP): National Sports Council chairman Wismoyo Arismunandar handed over Rp 50 million bonuses to weight lifters Patmawati and Winarni after they won gold medals in the World Weight lifting Championships in Chiang Mai, Thailand. The bonuses consist of Rp 10 million cash and Rp 40 million in insurance. "I want to honor them by guaranteeing their futures because the two athletes have made history.
Sat, 13 Dec 1997, 00:00 WIB
Appointment with danger
Appointment with danger Shocking news stories come to light almost every day here and this tendency has made our people too busy to decide which dreadful experiences are worth learning from to prevent future disasters.
Sat, 13 Dec 1997, 00:00 WIB
East Timorese get death for ambush
East Timorese get death for ambush JAKARTA (JP): A district court sentenced to death two East Timorese separatist rebels Thursday for their involvement in a May 30 ambush which killed 17 security personnel in Baucau regency, East Timor. Antara reported that Luis Maria da Silva, 57, and Fransisco da Costa, 36, were found guilty by the Baucau district court of violating Article 55 of the Criminal Code relating to armed assault against government authorities.
Sat, 13 Dec 1997, 00:00 WIB
Justice minister condemns arrest of prosecutors
Justice minister condemns arrest of prosecutors JAKARTA (JP): Minister of Justice Oetojo Oesman yesterday criticized the way police arrested and questioned employees of the Jakarta Provincial Prosecutor's Office for their alleged involvement in manipulating witnesses' testimonies. He said the police's action -- which had neglected an interinstitutional understanding -- would set a bad precedent for the prosecution of legal officials in the future.
Sat, 13 Dec 1997, 00:00 WIB
Passengers upset over retroactive hike in airfares
Passengers upset over retroactive hike in airfares NUSA DUA, Bali (JP): Air passengers at the Soekarno-Hatta Airport in Jakarta and the Ngurah Rai Airport in Bali were upset over an unexpected retroactive increase in airfares which became effective yesterday. Passengers checking in at the airports were charged additional fees for their flights even though they had bought tickets on previous days.
Sat, 13 Dec 1997, 00:00 WIB
33% cut in number of airport taxis
33% cut in number of airport taxis JAKARTA (JP): The management of Soekarno-Hatta International Airport has announced its plan to reduce the number of taxis serving the airport from 3,000 to 2,000 as of next month. Mulyono, head of airport management, said on Thursday that the decision to reduce taxi numbers was based on a management survey which aimed to improve services for passengers.
Sat, 13 Dec 1997, 00:00 WIB
Soeharto cancels KL summit trip
Soeharto cancels KL summit trip JAKARTA (JP): President Soeharto has canceled his trip to Kuala Lumpur for the 30th commemorative summit of the Association of South East Asian Nations (ASEAN) next week. Minister/State Secretary Moerdiono said yesterday that the decision was made after doctors advised the President to continue resting at home. Moerdiono was quick to stress that the President had recovered from the exhaustion he suffered after his recent long overseas trip.
Sat, 13 Dec 1997, 00:00 WIB
Annan to visit Malaysia
Annan to visit Malaysia KUALA LUMPUR (AFP): United Nations Secretary-General Kofi Annan will arrive here tomorrow for a four-day visit, coinciding with an East Asian summit, reports said yesterday. Annan, accompanied by his wife and UN officials, is scheduled to meet Malaysian King Tuanku Jaa'far and Prime Minister Mahathir Mohamad, the New Straits Times reported.
Sat, 13 Dec 1997, 00:00 WIB
Try laments RI's human resources
Try laments RI's human resources JAKARTA (JP): Vice President Try Sutrisno expressed concern yesterday about the worrisome quality of Indonesia's human resources development. Citing a 1997 United Nations Development Program report on human development, Try said Indonesia ranked only 99th out of 175 countries in the world in the human development index.
Sat, 13 Dec 1997, 00:00 WIB
Two Indonesian VJs rise from pack to 'MTV' screens
Two Indonesian VJs rise from pack to 'MTV' screens By Yogita Tahil Ramani and Edith Hartanto JAKARTA (JP): A bevy of beautiful women dance and jiggle in white, short T-shirts. As the Spice Girls blare out girl power commands to "shake it to the left, shake it to the right", the eight dancers languorously take off their tops. They teasingly reveal a concealed leather ensemble of black bra and tight minis, and proceed with more bumping and grinding.
Sat, 13 Dec 1997, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Exhibitions * Painting Exhibition: Impressions of Indonesia by Hetty Ansing at the Nusantara Gallery, Jl. Arteri Raya, Paradiso Executive Complex, Central Jakarta, until Jan. 10. * Painting Exhibition: Nuansa Cakrawala, by Rieta Yoedho, A. Malik A., Emily D., Agus B, Effendi, at Hilton Executive Club, Jakarta Hilton Hotel, Jl. Gatot Subroto, South Jakarta, 9 a.m. to 8 p.m., until Dec. 15. * Painting Exhibition: by Diego Menendez, at Duta Fine Arts Foundation, Jl.
Sat, 13 Dec 1997, 00:00 WIB
Khatami wins boost from Islamic summit
Khatami wins boost from Islamic summit By Paul Taylor TEHRAN (Reuters): An Islamic summit in Tehran gave a strong boost to Iran's new President Mohammad Khatami and showed Iranians the welcome they can expect on the world stage if they eschew harsh anti-Western rhetoric. Moslem leaders flocked to pay court to the moderate president elected in May, defying U.S. efforts to isolate Iran for its hostility to Arab-Israeli peace talks and alleged backing for "terrorism".
Sat, 13 Dec 1997, 00:00 WIB
What's wrong with Indonesian films?
What's wrong with Indonesian films? From Merdeka The Indonesian film world is seriously sick and there is no remedy for it. It is in very poor condition and awakes only occasionally. The question is how for long will it be sick? When will it be healthy? Actually the national film industries of other countries share the same fate as our national film industry. Hollywood is the exception, of course, it is strong and moves at will in and out of other countries.
Sat, 13 Dec 1997, 00:00 WIB
Bridgestone may raise tire prices 30% next year
Bridgestone may raise tire prices 30% next year JAKARTA (JP): PT Bridgestone Tire Indonesia said yesterday it may have to raise the price of its products 30 percent next year to meet increasing production costs. The tire company's marketing director, H. Kawano, said the price adjustment was long overdue because tire production costs had skyrocketed during the currency crisis. "The rupiah's value has dropped sharply against the U.S.
Sat, 13 Dec 1997, 00:00 WIB
Bank Lippo receives ISO 9001
Bank Lippo receives ISO 9001 JAKARTA (JP): Publicly listed Bank Lippo of the widely diversified Lippo Group has received the ISO 9001 certificate for the quality of its automatic telling machinery (ATM) system and its data center operations. The bank said in a statement yesterday that the ISO 9001 certificate was awarded by the Netherlands-based accreditation agency Det Norske Veritas. Bank Lippo was the first Indonesian bank to receive such a certificate, the statement said.
Sat, 13 Dec 1997, 00:00 WIB
Reality bites for 'MTV' video jockeys
Reality bites for 'MTV' video jockeys JAKARTA (JP): Say video jockey, and several thoughts come to mind -- a gabbing cutie on TV, Donna Karan leather jackets and Manolo Blahniks, a bespectacled music buff, money, a great social life, designer Mickey Mouse goggles or a Spice Girls' interview. For the actual VJs, the associations are quite different.
Sat, 13 Dec 1997, 00:00 WIB
Thailand not to seek easing of IMF conditions
Thailand not to seek easing of IMF conditions BANGKOK (AFP): Premier Chuan Leekpai has vowed Bangkok would not seek an easing of its IMF bailout conditions, despite Thai currency and stock markets receiving another beating, a report said yesterday. Chuan said Thursday his government would not ask the International Monetary Fund (IMF) to soften the terms of the economic bailout package granted in August, the Bangkok Post reported.
Sat, 13 Dec 1997, 00:00 WIB
Lippo Securities' profit surges to Rp 236 billion
Lippo Securities' profit surges to Rp 236 billion JAKARTA (JP): Publicly listed securities firm PT Lippo Securities announced yesterday that its consolidated operating profit surged 600 percent to Rp 236 billion (US$52.44 million) in the first nine months of this year. The company said in a statement yesterday that it expected to book a total net profit of Rp 140 billion in 1998.
Sat, 13 Dec 1997, 00:00 WIB
Police confiscate 70 kg of marijuana from ship passenger
Police confiscate 70 kg of marijuana from ship passenger JAKARTA (JP): Tanjung Priok Port Police arrested a ship passenger arriving from Medan, North Sumatra, for allegedly possessing 70 kilograms of marijuana, police said. The port police chief, Lt. Col. Arie Soebowo, told reporters that the suspect, identified as Hidayah, 38, was arrested at 10 a.m. soon after disembarking from the Bukit Siguntang passenger ship which plies the Medan-Jakarta route.
Sat, 13 Dec 1997, 00:00 WIB
Former employee deceives workers
Former employee deceives workers JAKARTA (JP): Police have arrested a former employee of state- owned telecommunications firm PT Telkom office in Jakarta for deceiving at least 13 would-be job applicants, a Telkom executive said yesterday. Deputy head of the Jakarta office Jimmy R. Villanueva quoted the victims as saying that they had paid the alleged suspect, identified only as RH, between Rp 350,000 (US$76) and Rp 2 million each to get them employment at Telkom.
Sat, 13 Dec 1997, 00:00 WIB
Guard killed while patrolling factory
Guard killed while patrolling factory JAKARTA (JP): A security guard for a factory in Bekasi was found dead early yesterday with at least eight stab wounds in his body, a police officer said. Second Lt. Saut Gultom of Bekasi Police precinct said that Sunarto, 45, was killed by a group of people, who broke into the warehouse of PT Epi Terma Mas, a lathe assembler.
Sat, 13 Dec 1997, 00:00 WIB
PPP to select would-be leaders
PPP to select would-be leaders JAKARTA (JP): The United Development Party (PPP) has promised it will carefully select presidential and vice presidential candidates for 1998/2003 and will name only deserving people to be brought to the People's Consultative Assembly next March. PPP deputy secretary Bachtiar Chamsyah defined yesterday those "deserving nominees" as those who are capable of leading the country despite the mounting future challenges.
Sat, 13 Dec 1997, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec.12, 1997: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 650 -100 8,500 AHAP Insurance 625 0 0 Alter Abadi 400 0 0 Alumindo Light Metal 175 -50 5,878,500 Alumindo Perkasa 275 0 2,500 Aneka Kimia Raya 725 -75 409,000 Aneka Tambang 950 -125 2,875,000 Anwar Sierad 225 -25 57,500 Apac Centertex Corp.
Sat, 13 Dec 1997, 00:00 WIB
ABRI won't tolerate voting, walkouts
ABRI won't tolerate voting, walkouts BANDUNG (JP): The Armed Forces forewarned yesterday those seeking to disrupt March's People's General Assembly (MPR) by "excessive" interruptions, walking out of meetings, or taking votes. Armed Forces (ABRI) Commander Gen. Feisal Tanjung said here yesterday that interruptions, walkouts or making decisions by voting are not in accordance with the spirit of musyawarah mufakat (reaching consensus through deliberation).
Sat, 13 Dec 1997, 00:00 WIB
RI one of the cheapest business locations
RI one of the cheapest business locations LONDON (AFP): Thailand, Malaysia and Indonesia, three economies that have been ravaged by the financial turmoil, are among the world's most inexpensive business locations, the Economist Intelligence Unit (EIU) said. Its findings came before devaluation of the currencies in these three countries, which will have made them even more competitive, researchers said.
Sat, 13 Dec 1997, 00:00 WIB
Mar'ie and Rubin discuss RI's IMF package
Mar'ie and Rubin discuss RI's IMF package WASHINGTON (AP): U.S. Treasury Secretary Robert Rubin and Indonesian Finance Minister Mar'ie Muhammad on Thursday discussed implementation of a US$23 billion rescue package the IMF arranged for Indonesia in October. "The minister expressed his recognition of the central importance of Indonesian policy commitments and carrying them through," a Treasury spokeswoman said. Mar'ie gave U.S.
Sat, 13 Dec 1997, 00:00 WIB
Hardships prompt citizens to pawn their valuables
Hardships prompt citizens to pawn their valuables JAKARTA (JP): The number of people hocking their belongings at state-run pawnshops in the city has skyrocketed in the lead up to the festive season, an official said yesterday. The head of Perum Pegadaian Pawn Company's Jakarta office, Ketut Sethyon, said people began flocking to the 23 pawnshops for some extra cash when the rupiah started to weaken in June.
Sat, 13 Dec 1997, 00:00 WIB
Japanese divers go missing
Japanese divers go missing UJUNGPANDANG, South Sulawesi: Police are still searching the waters for five Japanese and one Indonesian diver missing after a dive near Betang Island yesterday afternoon. The divers were reported missing in the afternoon, lost on their second dive of the day yesterday, when the captain of the boat they had rented became concerned when they failed to turn up again. "We're still looking for them," said Sgt. Robinson of the Bulukumba precinct. But as of 10:30 p.m.
Sat, 13 Dec 1997, 00:00 WIB
UN member reports on E. Timor visit
UN member reports on E. Timor visit DILI, East Timor: A visiting member of the United Nations subcommission on the prevention of discrimination and protection of minorities, Miguel Alfonso Martinez, called yesterday for a realistic view of East Timor. "East Timor has achieved progress after it integrated with Indonesia 21 years ago," he told journalists at Comoro Airport at the end of a three-day visit.