Archive: 15 January 1998
66 articles found
Thu, 15 Jan 1998
Ramadhan time for Jakarta
Ramadhan time for JakartaThursdayMaghrib 6:17 p.m.FridayImsak 4:17 a.m.Subuh 4:27 a.m.
Thu, 15 Jan 1998
Sponsor may be sued if pulls out of Asian Games
Sponsor may be sued if pulls out of Asian Games BANGKOK (Reuters): The Olympic Council of Asia (OCA) said yesterday it was preparing "in the worst case" to sue a Thai telecommunications firm that was trying to renegotiate a US$10 million sponsorship deal for the Dec. 6-Dec. 20 Asian Games.
Thu, 15 Jan 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) conversion rates on Jan. 14, 1998: Buying Selling Rp Rp U.S dollar 6,500.00 8,500.00Austrian shilling 509.00 631.10Australian dollar 4,406.40 5,116.80Belgian franc 178.00 209.60Canadian dollar 4,738.70 5,462.
Thu, 15 Jan 1998
Poor electrical installation common
Poor electrical installation common JAKARTA (JP): As many as 700 buildings, including some high-rises, in the city have poorly installed electrical systems, a businessman has said.Mangatar Tobing, spokesman of the Indonesian Electricity Contractors Association, told reporters Tuesday that most...
Thu, 15 Jan 1998
More people jump on 'Love Rupiah' bandwagon
More people jump on 'Love Rupiah' bandwagon JAKARTA (JP): Real estate executives joined the "Love Rupiah" campaign yesterday, exchanging US$30,000 for the national currency, even though the property sector was the first and hardest hit by the monetary crisis.
Thu, 15 Jan 1998
Special carriages for elderly, children
Special carriages for elderly, children YOGYAKARTA: The local office of the state railway company Perumka will provide special carriages for the elderly and children under five years of age during the Idul Fitri holiday.
Thu, 15 Jan 1998
Doctors urged not to increase fees
Doctors urged not to increase fees JAKARTA (JP): The chairman of the Indonesian Medical Association (IDI) Azrul Azwar urged physicians yesterday not to add to the financial burden of patients which is already expected to increase with the scheduled rise in medicine prices.
Thu, 15 Jan 1998
Businesspeople vow to back govt reforms
Businesspeople vow to back govt reforms JAKARTA (JP): Indonesian business leaders have pledged their support for any reform measures to be taken by the government to cope with the country's monetary crisis.
Thu, 15 Jan 1998
PSSI sets date for meeting with soccer clubs
PSSI sets date for meeting with soccer clubs JAKARTA (JP): The All Indonesian Football Federation (PSSI) is to meet local soccer clubs on Feb. 5 to discuss mutual problems them, including sponsorship."The association will call club managers and owners to meet on Feb.
Thu, 15 Jan 1998
Two people burned to death
Two people burned to death JAKARTA (JP): Two people were burned to death when a minivan overturned Tuesday evening on Jl. Inspeksi in Kali Malang, Bekasi.No reports were available whether the two victims were passengers of the van or passersby. It was also not known how the accident occurred.
Thu, 15 Jan 1998
Mentally ill boy escapes foundation
Mentally ill boy escapes foundation JAKARTA (JP): Relatives are searching for a mentally ill boy who escaped from a foundation on Jl. Kalideres, West Jakarta.Budiarjo Wardoyo alias Lie Tju Kie, 17, was believed to have escaped Pondok Bina Kasih Foundation at 5:30 p.m. on Jan. 6.
Thu, 15 Jan 1998
Two men arrested for trafficking drugs
Two men arrested for trafficking drugs JAKARTA (JP): Central Jakarta Police detectives have arrested two brothers for allegedly consuming and trafficking low-grade heroin and marijuana.City Police spokesman Lt. Col. E.
Thu, 15 Jan 1998
Entrepreneur sues BHS managers
Entrepreneur sues BHS managers JAKARTA (JP): A businesswoman is suing the management of liquidated Bank Harapan Sentosa (BHS) for failing to release her Rp 405 million (US$45,000) time deposit a day before the bank was closed by the government last November.
Thu, 15 Jan 1998
Xanana's presence sought
Xanana's presence sought JAKARTA (JP): Constansio Costa Dos Santos alias Akuita, a 21- year-old man accused of making bombs for rebellion purposes, and Paul George Rodregues Pereira demanded yesterday that the Dili District Court present jailed East Timorese separatist leader Jose Alexandre...
Thu, 15 Jan 1998
S'pore interest rate rises
S'pore interest rate rises SINGAPORE (Reuters): Recent rises in prime interest rates by Singapore banks will not hurt the economy significantly, Deputy Prime Minister Lee Hsien Loong told parliament yesterday.
Thu, 15 Jan 1998
Assembly to maintain floating mass policy
Assembly to maintain floating mass policy JAKARTA (JP): The minority Indonesian Democratic Party's (PDI) campaign for the revocation of the floating mass policy, long accused of curtailing political parties' outreach opportunities while giving undue clout to the dominant Golkar, looks set to be...
Thu, 15 Jan 1998
Government offensive 'needed to defuse crisis'
Government offensive 'needed to defuse crisis' JAKARTA (JP): Noted economist Rizal Ramli has criticized the government for being too defensive in handling the financial crisis.Rizal, a director of the Econit consulting agency, said a more offensive strategy was needed.
Thu, 15 Jan 1998
Where to go in Bandung:
Where to go in Bandung:Exhibition * Ramadhan Exhibition featuring Handicraft, Fashion, Food, at the Lobby, Preanger Aerowisata Bandung Hotel, Jl. Asia Afrika No. 81, Central Bandung, 10 a.m. to 8 p.m., until Jan. 29.Music and Entertainment * Holiday Inn, Jl. Ir. H.
Thu, 15 Jan 1998
Triple-tier transit system project to go ahead
Triple-tier transit system project to go ahead BANDUNG (JP): Minister of Transportation Haryanto Dhanutirto said yesterday the city's triple-tier transit system project would not be rescheduled.He cited the need for an improvement in the city's mass transportation system to help solve chaotic...
Thu, 15 Jan 1998
Claims of U.S. apathy over crisis rejected
Claims of U.S. apathy over crisis rejected BANGKOK (AFP): U.S. special envoy Larry Summers rejected yesterday claims of U.S. apathy to Asia's financial crisis, saying Washington had a major stake in the stricken region and would ensure adequate financial support.
Thu, 15 Jan 1998
Does postmodernism result in crime?
Does postmodernism result in crime?By J.E. Sahetapy JAKARTA (JP): It is a real tragedy that crime in general has flourished in the post-modern society, while at the same time man has shown his capacity to use science and technology to facilitate a really good life.
Thu, 15 Jan 1998
Audit body chief to be selected
Audit body chief to be selected JAKARTA (JP): The House of Representatives will name three candidates tomorrow for the Supreme Audit Agency chairmanship to replace J.B. Sumarlin who retired last month.Deputy House Speaker Abdul Gafur said after a meeting among leaders of the legislative body that...
Thu, 15 Jan 1998
Rupiah strengthens, stock prices ascend
Rupiah strengthens, stock prices ascend JAKARTA (JP): The rupiah extended gains against the American dollar yesterday, supported by market optimism on the government's determination to continue reforms, currency dealers said.
Thu, 15 Jan 1998
BBL raises stake in Mashill to 18%
BBL raises stake in Mashill to 18% JAKARTA (JP): Belgian Bank Brussels Lambert (BBL) has increased its stake in publicly listed Bank Mashill to 18 percent from 10 percent.Bank Mashill president A.T. Windoe said yesterday BBL's additional 8 percent attained through the capital market showed that BBL...
Thu, 15 Jan 1998
Margono sees colors of life in Jakarta shacks
Margono sees colors of life in Jakarta shacksBy Stevie Emilia JAKARTA (JP): Gleaming skyscrapers may be the foundation of Jakarta's proud image as a metropolis.Its less picturesque face of slums and rows of squalid shacks along riverbanks is ever annoying to city officials -- and ever fascinating...
Thu, 15 Jan 1998
More than 3% of S'pore loans to Asia default
More than 3% of S'pore loans to Asia default SINGAPORE (Agencies): Some 3.2 percent of loans totaling S$41 billion (US$24.1 billion) lent by Singapore banks to customers in the Asian region have turned bad, Deputy Prime Minister Lee Hsien Loong said yesterday.
Thu, 15 Jan 1998
Rice production increase expected
Rice production increase expected JAKARTA (JP): Indonesia's rice production will increase this year because the weather is expected to be more conducive for rice planting than last year, Minister of Agriculture Sjarifudin Baharsjah said yesterday.Rice production will likely rise by up to 7.
Thu, 15 Jan 1998
IMF-led bank closures fuel Asia woes
IMF-led bank closures fuel Asia woes SINGAPORE (Reuters): Harvard economist Jeffrey Sachs said yesterday the International Monetary Fund's (IMF) efforts to reform Asia's stricken economies had worsened the crisis by triggering a banking sector collapse.
Thu, 15 Jan 1998
Indonesian debt difficult to handle, HK analyst says
Indonesian debt difficult to handle, HK analyst says HONG KONG (Reuters): Indonesia's debt, the subject of International Monetary Fund talks in Jakarta this week, is expected to be much more difficult to manage than South Korea's.
Thu, 15 Jan 1998
Timber firms in 'serious trouble'
Timber firms in 'serious trouble' JAKARTA (JP): Many timber companies have serious financial problems due to sluggish demand for timber and wood-related products in domestic and overseas markets, a minister said yesterday.
Thu, 15 Jan 1998
Even clergymen are robbed in Jakarta
Even clergymen are robbed in Jakarta Here are two stories of different foreign/expatriate clergymen who were robbed. However, at the time of robbery, they were not wearing their religious outfits, which, in a way, lessens the robber's sin.
Thu, 15 Jan 1998
Woman stabbed to death
Woman stabbed to death TANGERANG (JP): A housewife was found dead near a river in Pete village, Tigaraksa, Tuesday with stab wounds to her chest.The victim's husband, Mursid, said his wife, Sukmana, 20, left their home to wash clothes in the river after eating a predawn meal.
Thu, 15 Jan 1998
Camdessus hopes for solid agreement
Camdessus hopes for solid agreement JAKARTA (JP): IMF Managing Director Michel Camdessus said yesterday he was hopeful for a solid agreement with Indonesia on stronger and accelerated reforms after he meets with President Soeharto today.
Thu, 15 Jan 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting Exhibition: Kumuh by Margono at Galeri Cipta III, Taman Ismail Marzuki Arts Center, Jl. Cikini Raya 73, Central Jakarta, 10 a.m. to 9 p.m., until Jan. 18. * Photo Exhibition: 100 old photos from Indonesia and Singapore, at Galeri TC (Twilight Cafe), Jl.
Thu, 15 Jan 1998
Big fight looms over RP food giant
Big fight looms over RP food giant MANILA (Reuters): A bid by a Hong Kong firm to take over San Miguel Corp could turn into one of the biggest fights in the Philippine corporate world and may revive a stock market battered by a regional currency crisis, analysts said yesterday.
Thu, 15 Jan 1998
No Tiger Cup, no Asiad for RI
No Tiger Cup, no Asiad for RI JAKARTA (JP): State Minister of Youth Affairs and Sports Hayono Isman told the All Indonesian Soccer Federation yesterday that the country's national team had to win the second Tiger ASEAN Cup championship if it wanted to compete at the 13th Asian Games in Bangkok in...
Thu, 15 Jan 1998
Property recovery seen in four years
Property recovery seen in four years JAKARTA (JP): The country's property sector, which has been severely bruised by the monetary crisis since August, is estimated to recover in three to four years, according to the Indonesian Association of Real Estate Developers (REI).
Thu, 15 Jan 1998
Many cars fail emission tests
Many cars fail emission tests JAKARTA (JP): About 33 percent of 1,627 vehicles that underwent emission tests last month failed to meet the test's minimum requirements, an official has said.Kosasih, spokesman of the city environment office, said Tuesday that the vehicles tested consisted of 754...
Thu, 15 Jan 1998
Presidential candidacy a political lesson
Presidential candidacy a political lesson Ousted PDI leader Megawati Soekarnoputri joins Moslem scholar Amien Rais in declaring her readiness to be nominated as president. Riswandha Imawan, a political lecturer at Gadjah Mada University in Yogyakarta, discusses the phenomena.
Thu, 15 Jan 1998
Asia currencies roused by dull U.S. dollar
Asia currencies roused by dull U.S. dollar SINGAPORE (Reuters): Asian currencies leapt yesterday as the U.S. dollar slid against the yen and stock markets across the region took their cue from Wall Street's second session of gains.
Thu, 15 Jan 1998
Tourino resigns from boxing committee
Tourino resigns from boxing committee JAKARTA (JP): Verbal punches are flying around Indonesian professional boxing this week as a dispute between two leading promoters is becoming mired in conflict and recrimination.
Thu, 15 Jan 1998
SAFETY FIRST:
SAFETY FIRST:JP/alx Vice President Try Sutrisno (right) presents a Zero Accident Award certificate and plaque to PT ISM Bogasari director Franky Welirang.The Surabaya based company was among the 66 companies to be presented an award by Try here yesterday for their success in providing safety...
Thu, 15 Jan 1998
Asian markets soar on revived confidence
Asian markets soar on revived confidence SINGAPORE (AFP): Asia-Pacific bourses surged yesterday as regional currencies stabilized and IMF and US officials voiced confidence the region's tattered economies would mend.Singapore stocks rose 7.5 percent, Kuala Lumpur 6.5 percent, Hong Kong 5.
Thu, 15 Jan 1998
East Java towns hit by riots after sudden price hike
East Java towns hit by riots after sudden price hike SURABAYA (JP): Armed Forces spokesman Brig. Gen. A. Wahab Mokodongan confirmed yesterday that riots had broken out in several East Java towns Tuesday as a result of the sudden price hike and the portioning of several basic commodities.
Thu, 15 Jan 1998
Twenty die in diarrhea outbreak
Twenty die in diarrhea outbreak TIMIKA, Irian Jaya: Twenty people have died and 10 others have been hospitalized in an outbreak of diarrhea that has hit Mimika regency over the past two weeks, Antara quoted an official yesterday.
Thu, 15 Jan 1998
Husband's layoff drives woman to commit suicide
Husband's layoff drives woman to commit suicide JAKARTA (JP): Three women have been found dead in separate incidents during the past two days here.They were all believed to have committed suicide for different reasons, including because of a husband's failure to find a new job after being laid off.
Thu, 15 Jan 1998
Aneka Tambang profits doubled last year
Aneka Tambang profits doubled last year JAKARTA (JP): Publicly listed state mining company PT Aneka Tambang has said its unaudited net profit doubled to Rp 66 billion (US$8.25 million) last year."Profit was within the target," company president Dedy Aditya Sumanegara said at a breaking of the fast...
Thu, 15 Jan 1998
ADRs rally on economic reform news
ADRs rally on economic reform news NEW YORK (Reuters): Indonesian ADRs headed higher in heavy trade Tuesday, reflecting market optimism about economic reforms in the troubled southeast Asian nation.The overall market in ADRs -- American Depositary Receipts -- rose on signs of stabilization in the...
Thu, 15 Jan 1998
Indian rupee crosses 40 barrier to the dollar
Indian rupee crosses 40 barrier to the dollar BOMBAY (AFP): The Indian currency hit a record low here Wednesday, crashing through the psychological barrier of 40 rupees to the dollar for the first time.Dealers said it closed at 40.90 against the greenback after crashing to 40.
Thu, 15 Jan 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Children's Film: Kid Pix Ninja The Wonder Boy 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Orchestra Film 5:00 Arabic Lessons 5:30 Religious Program: Celah-Celah Ramadhan 6:00 News: Lintasan...
Thu, 15 Jan 1998
Expats don't stockpile
Expats don't stockpile I got a call from my wife who was in Makro, saying everybody was buying up everything -- rice, sugar, cooking oil and milk. Checkout lines were so long that people were kept waiting one hour. She asked me what she should do. "Nothing," I said.
Thu, 15 Jan 1998
Soeharto committed to reforms: Cohen
Soeharto committed to reforms: Cohen JAKARTA (JP): President Soeharto strongly assured visiting U.S. Defense Secretary William C. Cohen yesterday that he was committed to rebuilding confidence in his country's economy.
Thu, 15 Jan 1998
Crisis a time bomb for govt, Amien says
Crisis a time bomb for govt, Amien says BANDUNG (JP): The leader of the 28 million-strong Muhammadiyah Moslem Organization warned yesterday the government is sitting on a time bomb if it fails to quickly resolve the multidimensional crisis facing the country.
Thu, 15 Jan 1998
Jakarta pigs find no home in West Java
Jakarta pigs find no home in West Java JAKARTA (JP): The city's plan to relocate pig farms from West Jakarta to West Java has been put on hold because West Java Governor Nuriana is against the plan, an official said yesterday.
Thu, 15 Jan 1998
Police probe burning of school
Police probe burning of school PALANGKA RAYA, Central Kalimantan: Police forensic experts are investigating the fire that gutted Saturday the SMU-I senior high school in Muara Teweh, North Barito regency, causing an estimated financial loss of Rp 1 billion (US$133,333).
Thu, 15 Jan 1998
No money trading, please!
No money trading, please!From Media IndonesiaThe value of the rupiah against the U.S. dollar is not logical any longer. The rupiah has sharply declined to a point where it is not clear how much further it will go. The change in exchange rate takes place not in a matter of hours or days but seconds.
Thu, 15 Jan 1998
Thai depressed by RI's delay of sugar shipment
Thai depressed by RI's delay of sugar shipment BANGKOK (Reuters): The Thai white sugar market was depressed by market talk that Indonesia had delayed shipments of 100,000 tons of sugar from Thailand due to economic turmoil, trade sources said.
Thu, 15 Jan 1998
YKPK publicly supports Try for president
YKPK publicly supports Try for president JAKARTA (JP): The National Brotherhood Foundation (YKPK) announced yesterday its preference to see Vice President Try Sutrisno nominated for president.The chairman of the nationalist-oriented foundation, Bambang Triantoro, told journalists that Try was the...
Thu, 15 Jan 1998
Pop greats cancel S'pore, KL shows
Pop greats cancel S'pore, KL shows SINGAPORE (DPA): Pop music greats Elton John and Billy Joel have canceled joint concerts in Singapore and Malaysia, reports said yesterday.The stars' managers claimed "unforeseen circumstances" had forced them to change their plans, the Straits Times newspaper...
Thu, 15 Jan 1998
Injured tiger not to be released
Injured tiger not to be released BANDARLAMPUNG, Lampung: The Tanjungkarang office of natural preservation has decided not to release a female Sumatran tiger (Panthera tigris) which was trapped last week in a West Lampung forest and lost one of its forelegs.
Thu, 15 Jan 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 14, 1998: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 700 0 0 AHAP Insurance 450 0 0 Alter Abadi 350 25 1,000 Alumindo Light Metal 250 0 451,500 Alumindo...
Thu, 15 Jan 1998
Diana and JFK
Diana and JFK While visiting Jakarta in mid November 1997, I came across a letter addressed to the British High Commissioner by one of your readers. As I was deeply moved by Princess Diana's untimely death, when I was in London in the last week of September I visited Kensington Palace.
Thu, 15 Jan 1998
DBS buys stake in BSA
DBS buys stake in BSA SINGAPORE (Reuters): DBS Bank said yesterday that it had signed an agreement to buy a majority interest in the Bank of Southeast Asia, Inc, in the Philippines.A DBS bank statement said it had signed an acquisition agreement, a subscription agreement and other documents to...
Thu, 15 Jan 1998
No need for demonstrations
No need for demonstrationsFrom Surabaya PostThere have been demonstrations in Surabaya and other cities related to the current monetary crisis. I appeal to fellow students to take direct action against the crisis.
Thu, 15 Jan 1998
Military capture separatist rebels
Military capture separatist rebels JAYAPURA, Irian Jaya: Troops of the Trikora Military Command separately captured on Dec. 26 and Dec. 28 three members of a "security disturbance" group, a military spokesman said.Antara quoted Lt. Col.
Thu, 15 Jan 1998
Sedan stolen in West Jakarta
Sedan stolen in West Jakarta JAKARTA (JP): A BMW sedan belonging to a resident of Jl. Daya, Mapar subdistrict, West Jakarta, was reportedly stolen by three unidentified men early yesterday morning.The car, which belonged to Pranata Sastra Wijaya, was parked in front of the owner's house when three...