Archive: 16 December 1997
59 articles found
Tue, 16 Dec 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 15, 1997: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 650 0 0 AHAP Insurance 400 -225 500 Alter Abadi 400 0 0 Alumindo Light Metal 175 0 965,000 Alumindo Perkasa...
Tue, 16 Dec 1997
Southeast Asia cries for help
Southeast Asia cries for help KUALA LUMPUR (Agencies): Southeast Asian leaders called on the United States, Europe and Japan yesterday to join an urgent international campaign to end the region's financial crisis, but they stopped short of saying what type of aid was needed.
Tue, 16 Dec 1997
MasterCard sees no fall in credit card use
MasterCard sees no fall in credit card use JAKARTA (JP): MasterCard International said yesterday that transactions with credit cards in Indonesia have remained high despite the monetary crisis.MasterCard's director for member relations and marketing in Indonesia Bambang Gunawan said the company had...
Tue, 16 Dec 1997
Woman killed in sea battle
Woman killed in sea battle SABAH, Malaysia (DPA): A Filipino woman was killed in a battle at sea between a boat loaded with illegal immigrants and the Malaysian marine police off the coast of Sabah state, a police spokesman said yesterday.
Tue, 16 Dec 1997
Irian Jaya's infant mortality rate high
Irian Jaya's infant mortality rate high JAYAPURA, Irian Jaya: Vice Governor Basyir Bachtiar expressed concern yesterday at the higher-than-the-national-average mortality rate of children under five in the province.
Tue, 16 Dec 1997
Expatriates reluctant to buy RI property
Expatriates reluctant to buy RI property JAKARTA (JP): State Minister of Agrarian Affairs/Chairman of the National Land Agency Soni Harsono said yesterday the government needed to improve its property regulations to encourage foreigners to buy property in the country.
Tue, 16 Dec 1997
Growth in manufacturing sector expected to drop
Growth in manufacturing sector expected to drop JAKARTA (JP): Indonesia's manufacturing sector will grow only by about 7 percent this year, far lower than 11 percent in 1996, partly due to the impact of the ongoing monetary crisis, says an economist.
Tue, 16 Dec 1997
PPP executives talk on Soeharto's renomination
PPP executives talk on Soeharto's renomination JAKARTA (JP): Unsettled debates forced executives of the United Development Party (PPP) yesterday to extend by another day their deliberation on candidates for president and vice president.
Tue, 16 Dec 1997
A realistic state budget
A realistic state budget Minister/State Secretary Moerdiono has appealed to everyone in business, government and the media to exercise restraint and not to exaggerate controversial issues in order to boost people's confidence in the rupiah.
Tue, 16 Dec 1997
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting Exhibition: 7 Gradasi, by Basuki Rahardjo, IPP Yasa, Jean Marcia T, Mary Rumawas, Sony Marsono, Soetarjo and Widarto, at the Lobby, Hotel Indonesia, Jl. MH Thamrin, Central Jakarta, 9 a.m. to 9 p.m., until Dec. 20.
Tue, 16 Dec 1997
Govt to create labor intensive job program
Govt to create labor intensive job program JAKARTA (JP): President Soeharto has ordered the provision of labor intensive projects, especially in Jakarta and Surabaya, to enable unskilled workers to earn an income in the lead up to Christmas, New Year and the Islamic fasting month Ramadhan.
Tue, 16 Dec 1997
China considers aid to RI
China considers aid to RI KUALA LUMPUR (AFP): Chinese Foreign Minister Qian Qichen said yesterday that China was still considering financial assistance to Indonesia following similar aid extended to Thailand.
Tue, 16 Dec 1997
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: The Big Valley 3:10 Teenager's Program: Remaja Indonesia 3:35 Music: Pop Songs 4:00 Regional News 4:30 Science and Technology 5:00 English Lessons 5:30 Documentary Film 6:05 Nusantara, The Beloved Country 6:15 Village Program...
Tue, 16 Dec 1997
Human rights
Human rightsFrom JayakartaMany circles, including in the government, are still reluctant to commit themselves to upholding universal human rights, under the grounds that the universal human rights concept is biased and oriented toward Western liberalism.
Tue, 16 Dec 1997
Pakistan sink archfoe India in Champions Trophy
Pakistan sink archfoe India in Champions Trophy SHARJAH (Reuters): Opener Saeed Anwar hit 104 off 128 balls to lead Pakistan to a four-wicket victory over India Sunday in the Champions Trophy.Set 240 to win by India, Pakistan hit 243 for six in 47.2 of the allotted 50 overs.
Tue, 16 Dec 1997
New rates set for tax payment
New rates set for tax payment JAKARTA (JP): The government announced yesterday new official conversion rates as the basis for payment of import duty, value added tax on goods and services, sales tax on luxury goods, export tax and income tax.According to the Minister of Finance Decree no.621/KMK.
Tue, 16 Dec 1997
Vendors clash with officers at Senen market
Vendors clash with officers at Senen market JAKARTA (JP): Dozens of sidewalk vendors operating in Senen market in Central Jakarta clashed yesterday with public order officers, who were assigned to reorganize the market.
Tue, 16 Dec 1997
China to talk financial cooperation with ASEAN
China to talk financial cooperation with ASEAN KUALA LUMPUR (Agencies): China, which has long declared itself immune to the Asian financial crisis, reversed its position yesterday and signaled it was now ready to play a greater role in helping end the turmoil.
Tue, 16 Dec 1997
ASEAN orders study to conserve foreign exchange
ASEAN orders study to conserve foreign exchange KUALA LUMPUR (Reuters): Southeast Asian leaders yesterday ordered a study into a possible regional payments system that would help member states conserve foreign exchange and protect against a financial crisis.
Tue, 16 Dec 1997
Thailand warns of make-up dangers
Thailand warns of make-up dangers BANGKOK (AFP): Thai authorities have warned that certain brands of cheap cosmetics sold in markets and grocery stores could contain mercury and cause kidney failure or even death, the Bangkok Post reported yesterday.
Tue, 16 Dec 1997
Forest fires cause Rp 132b in losses
Forest fires cause Rp 132b in losses JAKARTA (JP): Forest fires have destroyed more than 165,000 hectares of forest in the country this year, causing an estimated loss of Rp 132 billion (US$26.4 million), Minister of Forestry Djamaludin Suryohadikusumo said yesterday.
Tue, 16 Dec 1997
Many people detect cancer late
Many people detect cancer late JAKARTA (JP): A medical expert urged people to have regular checkups for the early detection and treatment of cancer.Director of Dharmais Cancer Hospital, Riwayat S, said here yesterday most people visit the hospital only to find that their cancer has already entered...
Tue, 16 Dec 1997
Govt to help export companies
Govt to help export companies JAKARTA (JP): The government has decided to allocate Rp 3 billion (US$600,000) in cheap loans to help export-oriented small and medium companies and cooperatives.The credit scheme, offered by state-owned social security firm PT Jamsostek, started on Dec.
Tue, 16 Dec 1997
Tirtamas to give IT services
Tirtamas to give IT services JAKARTA (JP): The widely diversified Tirtamas Group yesterday launched PT Infomas Sistama, a company to provide information technology services to local firms.The group's chairman, Hashim Djojohadikusumo, said at the launching that the company's range of services would...
Tue, 16 Dec 1997
ASEAN vision
ASEAN vision The informal summit marking the 30th anniversary of the Association of Southeast Asian Nations (ASEAN) which winds up in Kuala Lumpur today is a historic milestone for the regional group. It is a time not only to look back at its achievements -- which are plenty -- but an opportunity...
Tue, 16 Dec 1997
ASEAN: What next for business?
ASEAN: What next for business?By Sofjan Wanandi This article is based on a paper presented at the Private Sector Salute to ASEAN's session in Kuala Lumpur yesterday. KUALA LUMPUR: ASEAN at 30 is an exciting prospect. As an association, a grouping of Southeast Asian nations, it has grown and matured.
Tue, 16 Dec 1997
ASEAN frees up tourism, other service sectors
ASEAN frees up tourism, other service sectors KUALA LUMPUR (AFP): Trade ministers of the Association of Southeast Asian Nations (ASEAN) signed documents here yesterday implementing an agreement to open up the regional services market, starting with the tourism industry.
Tue, 16 Dec 1997
Monetary crisis
Monetary crisisFrom MerdekaThe monetary crisis experienced by Indonesia is different from that experienced by other countries. Indonesia's monetary crisis did not strike suddenly but was caused by some factors relating to government policies that were introduced as far back as 1970.
Tue, 16 Dec 1997
Fossil found in Central Java
Fossil found in Central Java BOJONEGORO, Central Java: A 27-year-old from Drajat village, in Bojonegoro, has found fossilized bones he believes may be of a prehistoric animal while digging in a paddy field.
Tue, 16 Dec 1997
Tourism plan for Serangan may have environmental cost
Tourism plan for Serangan may have environmental costBy Putu Wirata DENPASAR (JP): Close on the heels of controversies surrounding giant sculptures and a tourist project in Tanah Lot, development plans for Serangan Island, a 10-minute motor boat ride from Benoa port in Bali, have raised another...
Tue, 16 Dec 1997
Bintang's lawyers threaten court boycott
Bintang's lawyers threaten court boycott JAKARTA (JP): Lawyers representing politician Sri Bintang Pamungkas have threatened to boycott the State Administrative High Court following the court's refusal to hear witnesses in the suit against Minister of Education and Culture Wardiman Djojonegoro.
Tue, 16 Dec 1997
Food crisis spreads in Maluku
Food crisis spreads in Maluku JAKARTA (JP): The number of villages facing food shortages in Southeast Maluku increased from the reported 130 last week -- affecting 81,845 people -- to 149 villages, Antara reported yesterday.
Tue, 16 Dec 1997
Lack of knowledge drives rupiah down
Lack of knowledge drives rupiah down The rupiah continued its freefall against the U.S. dollar last week due to rumors about President Soeharto's health. Economist Kwik Kian Gie discusses the public attitudes concerning the rupiah's fall.
Tue, 16 Dec 1997
Suu Kyi urges ASEAN to push for changa in Myanmar
Suu Kyi urges ASEAN to push for changa in Myanmar BANGKOK (AP): Myanmar's pro-democracy leader Aung San Suu Kyi sent a message to Southeast Asian leaders as they gathered yesterday for a summit that their interests would be best served by an end to military rule in her country.
Tue, 16 Dec 1997
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) conversion rates on Dec. 15, 1997: Buying Selling Rp Rp U.S dollar 5,250.00 5,900.00Austrian shilling 434.40 503.90Australian dollar 3,683.80 3,993.00Belgian franc 153.50 165.50Canadian dollar 3,967.70 4,269.
Tue, 16 Dec 1997
Fire victims get compensation
Fire victims get compensation JAKARTA (JP): The board of directors of Bank Indonesia, the central bank, has decided to compensate the relatives of the victims killed in the Dec. 8 fire, which engulfed one of its new towers, an official said yesterday.
Tue, 16 Dec 1997
Future cabinet ministers 'must be professionals'
Future cabinet ministers 'must be professionals' JAKARTA (JP): President Soeharto's former close aide, Rudini, said yesterday that only professional ministers should be included in the 1998/2003 cabinet lineup.
Tue, 16 Dec 1997
Papan starts Internet banking
Papan starts Internet banking JAKARTA (JP): Publicly listed Bank Papan Sejahtera, a unit of the Tirtamas Group, has started online banking services via the Internet.Bank Papan president Al Njoo claimed that his bank became "the first Indonesian bank website with transactional capacity, making it a...
Tue, 16 Dec 1997
On Jamsostek
On Jamsostek The Jakarta Post's Dec. 5, 1997 edition ran with the headline: Soeharto ordered bill funding, followed by: "Minister of Manpower Abdul Latief said yesterday that it was President Soeharto who ordered the use of state-owned social insurance company PT Jamsostek's funds to finance the...
Tue, 16 Dec 1997
Thief with sense of humor
Thief with sense of humor JAKARTA (JP): A thief who stole Rp 800,000 (US$145) from a trader last week in the Central Java town of Kudus left a note of apology and invited the victim to see him if she wished to do so.
Tue, 16 Dec 1997
Organda wants 50% rise in bus fares during holidays
Organda wants 50% rise in bus fares during holidays JAKARTA (JP): The city's Organization of Land Transportation Owners (Organda) has asked the municipality to approve a 50 percent rise in intercity bus tariffs around Idul Fitri.
Tue, 16 Dec 1997
Prevention is key in reducing abortions
Prevention is key in reducing abortionsBy Mely G. Tan JAKARTA (JP): "Every child is a wanted child". This is the ideal. This is the norm. This is how it should be. This is also in line with the Convention of the Rights of the Child, proclaimed by the United Nations and signed and ratified by...
Tue, 16 Dec 1997
OECD pessimistic in light of Asian turmoil
OECD pessimistic in light of Asian turmoil PARIS (Reuters): The OECD, in a key economic forecast, predicts that the current Asian markets turmoil could cut growth in the world's major developed economies by as much as one percentage point.
Tue, 16 Dec 1997
Councilor opposes water hike plan
Councilor opposes water hike plan JAKARTA (JP): A city councilor urged the municipality yesterday to postpone its plan to increase water tariffs in line with a proposal by city-owned drinking water company PDAM Jaya.
Tue, 16 Dec 1997
Yen sinks against dollar
Yen sinks against dollar LONDON (AFP): The yen hit a five-year low against the dollar in trading on European markets early yesterday after new slides in Asian currencies and a report highlighting a drop in Japanese business confidence.In early trades here, the dollar rose to 131.
Tue, 16 Dec 1997
Marsinah play banned in Lampung
Marsinah play banned in Lampung BANDAR LAMPUNG, Lampung: A play about slain labor activist Marsinah has again been banned, with police announcing yesterday that the show scheduled to go on the Cultural Park here this evening cannot go ahead.
Tue, 16 Dec 1997
Pakistani held over heroin
Pakistani held over heroin JAKARTA (JP): Undercover police officers have apprehended a 45-year-old Pakistani for possessing 70 grams of heroin at the immigration department's quarantine center on Jl. Peta Selatan, Kalideres, in West Jakarta.City Police Spokesman Lt. Col. E.
Tue, 16 Dec 1997
Six years for raping deaf girl
Six years for raping deaf girl JAKARTA (JP): West Jakarta District Court sentenced three men to six years in jail each yesterday for gang raping a 16-year-old deaf and dumb girl.Presiding judge Sumantri said the defendants -- identified as Abdurrahman alias Jangkung, 18; Abdurrahman alias Oman, 18;...
Tue, 16 Dec 1997
Four firms to launch ABS
Four firms to launch ABS JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) has received applications from four private Indonesian companies to launch asset-backed securities (ABS) into the local capital market.
Tue, 16 Dec 1997
Asian currencies tumble as volume shrinks
Asian currencies tumble as volume shrinks SINGAPORE (Reuters): Shrinking year-end liquidity coupled with corporate demand for dollars drove several Asian currencies to fresh lows yesterday even though the South Korean won -- the instigator of recent regional woes -- recovered.
Tue, 16 Dec 1997
The best for the president
The best for the presidentFrom Forum KeadilanThe next gathering of the People's Consultative Assembly (MPR) in 1998 will be interesting to follow. We will have to produce a leader who can represent the country according to the demands of the 21st century which compel active participation in the...
Tue, 16 Dec 1997
Oldest stamp goes on show
Oldest stamp goes on show MATARAM, West Nusa Tenggara: The oldest stamp in the world, a second edition print of an 1840 stamp from The British Stamps, is on display here this week at the West Nusa Tenggara Philatelic exhibition.
Tue, 16 Dec 1997
S'pore, RI remain top picks: Fraser-AMMB
S'pore, RI remain top picks: Fraser-AMMB SINGAPORE (Reuters): After a decade of sustained growth, Asian economies are set to consolidate in 1998 with Southeast Asia to bear the brunt of the slowdown, but Singapore and Indonesia remain Fraser-AMMB's top picks in the region equities markets.
Tue, 16 Dec 1997
ASEAN unfolds its vision for the 21st century
ASEAN unfolds its vision for the 21st century KUALA LUMPUR (Reuters): ASEAN leaders yesterday issued their vision of the nine-nation group in the 21st century, but the harsh economic realities of 1997 overshadowed their immediate dream of the future.
Tue, 16 Dec 1997
Govt urged to improve credibility
Govt urged to improve credibility JAKARTA (JP): World Bank country director for Indonesia Dennis de Tray urged the government and private sectors again yesterday to provide credible information to help restore public confidence in the country's economy.
Tue, 16 Dec 1997
Rupiah falls to 5,800, stocks drops 7.2 percent
Rupiah falls to 5,800, stocks drops 7.2 percent JAKARTA (JP): The rupiah and local stock prices continued their uncontrolled free falls yesterday due to weak regional currencies and lingering unfounded rumors, dealers and stockbrokers said.The rupiah, which opened at 4,900/5,100 against the U.S.
Tue, 16 Dec 1997
Legislator urges wthdrawal of $80b in overseas savings
Legislator urges wthdrawal of $80b in overseas savings JAKARTA (JP): House of Representatives legislator Theo Sambuaga called yesterday on Indonesians with savings abroad to withdraw their overseas funds to help domestic investment during the economic turmoil.
Tue, 16 Dec 1997
Indonesia puts vision of ecotourism into focus
Indonesia puts vision of ecotourism into focusBy Stevie Emilia JAKARTA (JP): Plenty has been said and written about the advantages of tourism for economic benefits, or as a sustainable and nonpolluting industry.
Tue, 16 Dec 1997
Nine missing in boat accident
Nine missing in boat accident KALABAHI, East Nusa Tenggara: Search and rescue teams are still hunting for nine people missing after a motorboat accident near Alor Island Saturday which may have claimed as many as 10 lives.KM Ave Maroa was carrying 23 passengers when it capsized due to large waves.