Archive: 21 January 1998
58 articles found
Wed, 21 Jan 1998, 00:00 WIB
National dialog to give voice to all parties
National dialog to give voice to all parties By Makmur Keliat SURABAYA (JP): Amid the monetary crisis plaguing the country since June of last year, Amien Rais, the leader of Muhammadiyah Moslem organization, recently proposed the holding of a national dialog. Though in principal the idea received a positive response, divergent views have been voiced on who should participate and who should organize.
Wed, 21 Jan 1998, 00:00 WIB
Journo's family want regent probed
Journo's family want regent probed YOGYAKARTA: The family of slain local journalist Fuad M. Syarifuddin, alias Udin, want the Armed Forces to investigate Col. Sri Roso Sudarmo -- the regent of Bantul -- for his alleged involvement in the murder on August 1996. In a letter sent to Armed Forces Chief Gen. Feisal Tanjung, Udin's father, Hadi Supadmo, said Regent Sri Roso must be questioned because Udin died while working as a journalist in the regency.
Wed, 21 Jan 1998, 00:00 WIB
Soeharto finally says 'yes'
Soeharto finally says 'yes' JAKARTA (JP): "Yes". With that one word, President Soeharto ended months of speculation yesterday about whether or not he would run in the March election for a record seventh term in office. One of the two most frequently asked questions in Indonesia this past year was answered when leaders of a coalition of Golkar, the Armed Forces and the bureaucracy met with the incumbent President to formally propose his nomination.
Wed, 21 Jan 1998, 00:00 WIB
KL faces difficulties with foreign workers
KL faces difficulties with foreign workers By Stefan Klein SINGAPORE (DPA): In the good old days when the terms "bankrupt" and "unemployment" were still unknown in the southeast Asian boom countries, Malaysia saw fit to erect a potent symbol of its rise to glory. And so they constructed the highest building in the world in the middle of Kuala Lumpur.
Wed, 21 Jan 1998, 00:00 WIB
TV today
TV today TVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: Big Brother Jake 3:10 Indonesian Children 3:35 Talk Show: Kotak Pos 4:00 Regional News 4:30 Education Quiz: Cepat Tepat 5:10 Documentary: Sukses Berkarya 5:30 TV Drama: Sebuah Hikmah 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country 6:15 Village Program 6:30 TVRI News 6:53 Music 7:00 Evening News 7:35 Entrepreneurship Program: Mitra Kita 8:05 Children's Program: Bermain Musik 8:30 Music: Jazz 9:00 World News...
Wed, 21 Jan 1998, 00:00 WIB
Impact of rupiah's depreciation
Impact of rupiah's depreciation The fluctuating exchange rate of the rupiah against the U.S. dollar, which has been going on since July 1997, naturally has unfavorable impacts. For example, how this situation affects an Indonesian student studying in the United States. If the family is rich and a bank account is opened in the name of the student with enough funds to cover all his expenses for the duration of his study, then no problem would arise.
Wed, 21 Jan 1998, 00:00 WIB
Asiad team may fly to Games in Hercules
Asiad team may fly to Games in Hercules JAKARTA (JP): Indonesia's contingent for the 13th Asian Games may fly to Bangkok in December on one of the country's Air Force Hercules as part of the National Sports Council's program to trim its budget. The council's Games task force chief, Muhammad Hindarto, told reporters yesterday a Hercules might be used if national flag carrier Garuda did not give the contingent a discount.
Wed, 21 Jan 1998, 00:00 WIB
To ward off speculators
To ward off speculators From Bisnis Indonesia Efforts to strengthen the rupiah, and at the same time to strike at dollar speculators, can be easily made if the authorities wish to do so. Consider why speculators buy up dollars. They hope for big profits when selling their dollars. What if there is no one to buy high-priced dollars? Speculators will immediately refrain from making transactions. How to exert pressure on buyers?
Wed, 21 Jan 1998, 00:00 WIB
Spotlight
Spotlight Photo A: Gold JP/msa GOLD DEED: The wife of the minister of finance, Etty Mar'ie Muhammad (left), donates gold jewelry to the state treasury through a pawnbroker. She was among donators yesterday from the ministry's chapter of Dharma Wanita, the organization for civil servants' wives, at the finance ministry office. Photo B: Kompas JP/leo VOICE OF GRATITUDE: General manager and chief editor of Kompas daily, Jakob Oetama (left), congratulates Armed Forces spokesman Brig. Gen. A.
Wed, 21 Jan 1998, 00:00 WIB
Indonesian banks 'need $15b in fresh capital'
Indonesian banks 'need $15b in fresh capital' JAKARTA (JP): Indonesian banks urgently need US$15 billion in fresh capital to cope with the sharp depreciation of their assets due to the rupiah's free fall, rating agency Standard and Poor's said yesterday. In a statement, it said that the serious economic slide -- caused by the rupiah's precipitous fall against the U.S. dollar -- was leading to a rise in borrower defaults, impairing the value of bank assets.
Wed, 21 Jan 1998, 00:00 WIB
Gus Dur in intensive care after brain surgery
Gus Dur in intensive care after brain surgery JAKARTA (JP): Get well messages poured in, including from President Soeharto and Vice President Try Sutrisno, as family and friends waited anxiously for news of Abdurrahman Wahid's condition after he underwent three hours of brain surgery yesterday to stop internal bleeding. A statement issued by the Nahdlatul Ulama (NU) executive board yesterday evening said the three-hour surgery which began at 10 a.m. "went as expected".
Wed, 21 Jan 1998, 00:00 WIB
RI ponders reducing diplomatic missions
RI ponders reducing diplomatic missions JAKARTA (JP): The Ministry of Foreign Affairs is studying the possibility of shutting down Indonesian diplomatic missions abroad. For now, however, it is relying on streamlining measures such as reducing the number of diplomats sent overseas and recruitment levels and other efficiency measures to counter the monetary crisis.
Wed, 21 Jan 1998, 00:00 WIB
Four alleged car thieves shot to death
Four alleged car thieves shot to death JAKARTA (JP): Jakarta Police detectives shot and killed four alleged vehicle thieves, believed to be one of the city's most wanted gangs, in a single raid in Cibubur, West Java, Monday evening. City Police spokesman Lt. Col. E. Aritonang said yesterday the officers had to shoot the four armed suspects shortly after the officers were fired on by the group. "One of the suspects started shooting," Aritonang said.
Wed, 21 Jan 1998, 00:00 WIB
Two Ciledug residents jailed for defamation
Two Ciledug residents jailed for defamation TANGERANG (JP): The Tangerang District Court sentenced two Ciledug residents yesterday to one year each in jail, for defaming President Soeharto through the distribution of libelous pamphlets. The verdict was not as harsh as requested by prosecutor Samiun Yahya, who asked the court to sentence each of the defendants to two years in jail.
Wed, 21 Jan 1998, 00:00 WIB
Government vows to accelerate Irian development
Government vows to accelerate Irian development JAKARTA (JP): The government would never victimize Irian Jaya's indigenous population in its effort to develop the country's easternmost province, President Soeharto said yesterday. He said the government would accelerate Irian Jaya's development because the province was far behind Indonesia's other provinces. He also promised to fully involve local people in the development policy-making process.
Wed, 21 Jan 1998, 00:00 WIB
High demand for dollars sends rupiah to new low
High demand for dollars sends rupiah to new low JAKARTA (JP): The high demand for U.S. dollars from local companies dragged the rupiah down further yesterday to a new low of 10,500 against the greenback in morning trade, dealers said. Dealers said the rupiah managed to recover in the afternoon on news that the German government would help Indonesia settle offshore loans in the private sector. The spot rupiah recovered to close at 9,650/9,975 in Jakarta against an opening of 10,100/10,200.
Wed, 21 Jan 1998, 00:00 WIB
Rupiah leaves Asian currencies chilled
Rupiah leaves Asian currencies chilled SINGAPORE (Reuters): Asian currencies enjoyed a slight respite in late trade yesterday as the Indonesian rupiah recovered from a collapse below 10,000 to the dollar. But the breather was likely to be shortlived, dealers said.
Wed, 21 Jan 1998, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Jan.20, 1998: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 700 0 0 AHAP Insurance 450 0 0 Alter Abadi 300 -25 14,000 Alumindo Light Metal 250 0 28,000 Alumindo Perkasa 250 0 0 Aneka Kimia Raya 1,150 -50 62,500 Aneka Tambang 1,475 -25 4,355,500 Anwar Sierad 150 0 156,000 Apac Centertex Corp.
Wed, 21 Jan 1998, 00:00 WIB
Promoter withdraws from Indonesian soccer league
Promoter withdraws from Indonesian soccer league JAKARTA (JP): The promoter of the All Indonesian Soccer Federation (PSSI), has decided to withdraw from the soccer league, citing problems finding a financial sponsor. PT Cipta Citra Sportindo said in its statement to PSSI that it had been unable to sign a main sponsor before yesterday's deadline and that it would hand over the problem to the federation.
Wed, 21 Jan 1998, 00:00 WIB
Governor asks vendors to keep public order
Governor asks vendors to keep public order JAKARTA (JP): Governor Sutiyoso called for self-restraint on the part of public order officers and sidewalk vendors yesterday, following Monday's clash between the groups in Blok M, South Jakarta. Temperance is vital if undesirable consequences are to be avoided, he said. "The country is facing enough hardships, don't create new problems." Sutiyoso said he had ordered his staff to avoid physical confrontations with vendors.
Wed, 21 Jan 1998, 00:00 WIB
Employers to pay Idul Fitri bonuses
Employers to pay Idul Fitri bonuses SEMARANG, Central Java: The Ministry of Manpower's provincial office is confident that local companies will pay Idul Fitri bonuses to their Moslem employees, Antara has reported. Office director Andi Usman said he had not received any requests from employers asking for an exemption from the obligation to pay the bonuses. "This means companies have agreed to pay the bonuses," he was quoted by the news agency as saying yesterday.
Wed, 21 Jan 1998, 00:00 WIB
Pawnshops to receive donations
Pawnshops to receive donations JAKARTA (JP): The Ministry of Finance announced yesterday that state-run pawnshops throughout the country have been appointed official receivers of all public donations to help the government overcome the monetary crisis. Upon receiving a donation -- gold, cash or other valuables -- Perum Pegadaian Pawn Company must make out a written receipt, of which the original copy must be presented to the donor.
Wed, 21 Jan 1998, 00:00 WIB
Police raid PUDI office, 5 arrested
Police raid PUDI office, 5 arrested SURABAYA, East Java: Five local activists from the unrecognized Indonesian Democratic Union Party (PUDI) were arrested Monday when security forces raided its office in Malang, East Java. Malang Police Chief Hary Sudewo said yesterday those arrested were local PUDI chairman Moch. Faiqh, 23, secretary Nurussuluhi Nawawi, 27, and three other members.
Wed, 21 Jan 1998, 00:00 WIB
RI starts repaying overseas loans in rupiah
RI starts repaying overseas loans in rupiah SINGAPORE (Reuters): The corporate and banking sectors in Indonesia have begun to repay overseas debt in local currency, offering foreign lenders either rupiah on time or dollars late, dealers and analysts in Singapore said. And sources say some lenders are taking up the offer.
Wed, 21 Jan 1998, 00:00 WIB
Two killed at fish market
Two killed at fish market JAKARTA (JP): A fisherman and his nephew were attacked and killed by about 20 people at the Muara Angke fish market in North Jakarta early yesterday. Usman, 36, and his nephew Alang, 30, of Penjaringan district had suffered severe wounds and almost all of their fingers were missing. A forensic staffer of Cipto Mangunkusumo General Hospital said different types of sharp weapons and blunt objects had been used in the attack. "We've found fragments of glass...
Wed, 21 Jan 1998, 00:00 WIB
Taiwan premier to meet Soeharto
Taiwan premier to meet Soeharto TAIPEI (Agencies): Taiwan Premier Vincent Siew was due to meet Indonesian President Soeharto late yesterday to discuss ways to tackle economic turmoil sweeping Southeast Asia, reports here said. "The high-level talks will be held tonight," an official was quoted by Taiwan television as saying from Jakarta. Siew, who flew to Jakarta Monday, was scheduled to play golf with high-ranking Indonesian economic officials yesterday.
Wed, 21 Jan 1998, 00:00 WIB
Thousands take advantage of cheap train tickets
Thousands take advantage of cheap train tickets JAKARTA (JP): More than 16,000 people left the city yesterday, taking advantage of discounted train tickets offered by the state railway company (Perumka) over a 24-hour period. Perumka provided discounts of up to 70 percent, valid until 5 a.m. today, to encourage people to leave early rather than be trapped in the peak of the massive exodus during the Idul Fitri holiday. As of 8 p.m.
Wed, 21 Jan 1998, 00:00 WIB
City's plan to raise NJOP meets opposition
City's plan to raise NJOP meets opposition JAKARTA (JP): City councilors opposed yesterday the city administration's plan to increase the value of taxable properties (NJOP) for fear of furthering an economic burden on people during the monetary crisis. Head of Commission C for city revenue Amarullah Asbah and member of Commission D for development affairs Lukman Mokoginta said the city administration should reevaluate the plan.
Wed, 21 Jan 1998, 00:00 WIB
Nationalism in time of crisis
Nationalism in time of crisis From Neraca We need to resuscitate the spirit of nationalism that was prevalent during colonialism up to the start of independence. The hard years ahead will drain our energy. We must face the future together, as one nation, with the spirit of nationalism. This spirit is not limited to senseless slogans and rhetorics. There is nothing wrong with exchanging our dollars for rupiah. There is nothing wrong with donating our valuables to help relieve the crisis.
Wed, 21 Jan 1998, 00:00 WIB
Sime says no RI venture plan
Sime says no RI venture plan KUALA LUMPUR (Reuters): Malaysian conglomerate Sime Darby Bhd said yesterday it has no plans to start a joint venture bank in Indonesia. "It's not true," a company official told Reuters by telephone, referring to a news report that Sime's banking arm plans to establish joint bank operations in Indonesia.
Wed, 21 Jan 1998, 00:00 WIB
Unicef to help provide lower prices for children's food
Unicef to help provide lower prices for children's food JAKARTA (JP): Local representatives of the United Nations Children's Fund (Unicef) have expressed a readiness to help the Ministry of Health provide cheap supplementary food for Indonesian children, it was reported yesterday.
Wed, 21 Jan 1998, 00:00 WIB
Soeharto's renomination gets mixed responses
Soeharto's renomination gets mixed responses JAKARTA (JP): The minority Indonesian Democratic Party (PDI) welcomed yesterday President Soeharto's acceptance of his nomination for another term by the ruling Golkar, while fellow minority United Development Party cautiously deferred its comments. Fatimah Achmad, deputy chair of PDI, said Soeharto's clear stance was needed in this time of economic volatility.
Wed, 21 Jan 1998, 00:00 WIB
Poodle patting in int'l relations: An Asian experience (2)
Poodle patting in int'l relations: An Asian experience (2) This is the second of two articles on an Indonesian friend of our correspondent Harvey Stockwin who once taught him something relating to the present Asian crisis. HONG KONG (JP): I was in South and Southeast Asia at the time, reading what was being written by China-watchers in Hong Kong about the great upheaval then developing throughout China.
Wed, 21 Jan 1998, 00:00 WIB
Rates for Tax Payment
Rates 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. The new conversion rates will be valid for one week, from Jan. 19 to Jan. 25: U.S.
Wed, 21 Jan 1998, 00:00 WIB
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) conversion rates on Jan. 20, 1998: Buying Selling Rp Rp U.S dollar 1 9,500.00 11,500.00 Austrian shilling 1 725.90 864.70 Australian dollar 1 6,425.30 7,170.30 Belgian franc 1 256.40 284.60 Canadian dollar 1 6,756.80 7,486.10 Swiss franc 1 6,478.40 7,190.60 Deutschemark 1 5,264.60 5,884.00 Danish krone 1 1,387.30 1,540.60 French franc 1 1,577.70 1,753.70 Poundsterling 1 15,902.30 17,619.30 Hong Kong dollar 1 1,243.80 1,407.
Wed, 21 Jan 1998, 00:00 WIB
Ramadhan time for Jakarta
Ramadhan time for Jakarta Wednesday Maghrib 6:19 p.m. Thursday Imsak 4:21 a.m. Subuh 4:31 a.m.
Wed, 21 Jan 1998, 00:00 WIB
Task ahead for next president
Task ahead for next president From Merdeka Prominent entrepreneurs in Indonesia have long held huge monopolies of particular business commodities, enjoying facilities from the government, and they now rake in huge profits. But the nation's true patriots have been continuously fighting against the prevailing injustice, and want termination of the system which is only advantageous to a handful of people.
Wed, 21 Jan 1998, 00:00 WIB
More mergers of banks anticipated
More mergers of banks anticipated JAKARTA (JP): The country's banking sector will see more bank mergers in coming months, with about 20 private banks having confirmed their plans to merge their businesses into four entities. The widely diversified Bakrie Group is expected to merge its four banks next month, the Tirtamas Group is preparing to merge its three banks and the Ramako Group also plans to merge its two banks into one.
Wed, 21 Jan 1998, 00:00 WIB
Taming Western media on E. Timor (2)
Taming Western media on E. Timor (2) By Al Busyra Basnur This is the second of two articles on the relationship between the Western media and East Timor. JAKARTA (JP): There have been times when inaccurate reporting by the Western media has threatened friendly relations between Indonesia and other countries.
Wed, 21 Jan 1998, 00:00 WIB
Suspects intended to plant bombs: Police
Suspects intended to plant bombs: Police JAKARTA (JP): A map and documents found in a Tanah Tinggi apartment, where an unfinished bomb exploded Sunday, indicated that the three suspects intended to plant the explosives in the capital, city police chief Maj. Gen. Hamami Nata said. But Hamami stressed that the group had not had a chance to carry out their plan before the homemade bomb accidentally exploded, resulting in the arrest of one of the suspects.
Wed, 21 Jan 1998, 00:00 WIB
Textile firms say export swap facility unclear, confusing
Textile firms say export swap facility unclear, confusing JAKARTA (JP): The low interest rate swap facility given to export-oriented companies by Bank Indonesia is unclear and confusing, an industry association representative said yesterday. Deputy chairman of the Indonesian Textile Association, Benny Soetrisno, said businesses were confused about how the swap facility worked, and government officials had failed to help them understand.
Wed, 21 Jan 1998, 00:00 WIB
Homey touch added to hotel living
Homey touch added to hotel living Text and photos by K. Basrie JAKARTA (JP): The city's newest five-star hotel promises its patrons a real "home away from home" with no check-in counter or flashy hotel entrance. Of course, guests at The Dharmawangsa hotel on Jl. Brawijaya in Kebayoran Baru, South Jakarta will not go without.
Wed, 21 Jan 1998, 00:00 WIB
European trials for RI's Asiad judoists
European trials for RI's Asiad judoists JAKARTA (JP): Some sports associations may be canceling or postponing plans to send their athletes abroad due to financial worries, but this is not the case for the Indonesian Judo Association. Three of the nation's best hopes are to go to Europe in August as part of their preparation for the Asian Games in Bangkok this December. They are Aprilia Marzuki (63 kilograms), Praptiningsih (52kg) and Krisna Bayu (90kg).
Wed, 21 Jan 1998, 00:00 WIB
Debate may ease political tensions
Debate may ease political tensions By Aleksius Jemadu BANDUNG (JP): Government officials and political analysts have reacted in different ways since Adi Sasono, secretary-general of the Association of Indonesian Moslem Intellectuals (ICMI), put forward his idea on the urgency of national dialog, which was elaborated on by Amien Rais, the leader of the 28 million-strong Muhammadiyah Moslem organization. As far as the government is concerned, the response is mixed and somewhat ambiguous.
Wed, 21 Jan 1998, 00:00 WIB
Malaysia, Singapore leaders meet on Asian crisis
Malaysia, Singapore leaders meet on Asian crisis SINGAPORE (Reuters): Singapore Prime Minister Goh Chok Tong and his Malaysian counterpart Mahathir Mohamad met yesterday to discuss Asia's financial crisis, a spokesman at Goh's office said. "They discussed the regional currency crisis and bilateral relations," the spokesman said. He said Goh and Mahathir met at the Sebana golf resort in Malaysia's Johor state, just across the Causeway from Singapore, but gave no other details.
Wed, 21 Jan 1998, 00:00 WIB
Bukit Asam to raise production
Bukit Asam to raise production JAKARTA (JP): State coal producer PT Tambang Batubara Bukit Asam will increase its production by 27 percent to 12.8 million tons this year, the company has said. Company president RA Sunardi said Monday evening at a breaking of the fast gathering that the company would raise output this year to meet increasing demand from domestic and overseas markets.
Wed, 21 Jan 1998, 00:00 WIB
From silver screen to presidency?
From silver screen to presidency? Whatever people say about him, Joseph Estrada declares that he is ready, willing and able to take on the toughest job in the Philippines. The leading opposition party in the Philippines evidently agrees. It has picked Estrada as its presidential candidate. Estrada, who has served as vice president since 1992, certainly has name recognition in the Philippines.
Wed, 21 Jan 1998, 00:00 WIB
Indonesian cuisine for all tastes at Gran Melia cafe
Indonesian cuisine for all tastes at Gran Melia cafe Call it the quandary of the appetite is willing but the spirit is weak. Weak as in loathe to venture past the unofficial Marginot lines of traffic jams separating Central Jakarta from those distant lands of Kemang and West Jakarta.
Wed, 21 Jan 1998, 00:00 WIB
Manila steps up oil firm security
Manila steps up oil firm security MANILA (Reuters): Philippine President Fidel Ramos ordered security tightened around all government offices and oil facilities yesterday as the military freed the chief of a Communist rebel group suspected of attacking two oil offices. Ramos described as "barbaric" Monday's simultaneous attacks by gunmen on offices of the state Energy Regulatory Board and the country's largest oil firm, Petron Corp.
Wed, 21 Jan 1998, 00:00 WIB
Political reforms more imperative than ever
Political reforms more imperative than ever Since the announcement of his intention to run in the March presidential election, Amien Rais has become more bold in his criticism of the government. The chairman of the Muhammadiyah Moslem organization talks at length with The Jakarta Post about his ideas and concepts. Questionb: Is the IMF economic reform package enough to overcome the economic crisis? Amien: Although the package is within the reform spirit, it has many weaknesses.
Wed, 21 Jan 1998, 00:00 WIB
Mental education necessary
Mental education necessary As we all know, Indonesia is in an economic crisis and many people are feeling the pinch. There have been numerous attempts to explain the current recession, ranging from the truly informed to the quite bizarre. One of the latter heard recently: "Indonesia decided to buy Russian jet fighters so the Americans want to destroy our economy." I, for one, do not believe that "IMF and U.S. imperialism" are to blame.
Wed, 21 Jan 1998, 00:00 WIB
Pioneer's sales in Asia fall
Pioneer's sales in Asia fall PERTH (Reuters): Building products group Pioneer International Ltd said yesterday that sales volumes from three key Southeast Asian countries had fallen sharply due to the region's economic downturn. "There has been a very significant impact on volumes," managing director John Schubert said, referring to Indonesia, Thailand and Malaysia.
Wed, 21 Jan 1998, 00:00 WIB
Solution to RI private debt vital: German envoy
Solution to RI private debt vital: German envoy JAKARTA (JP): Finding a rapid solution for Indonesia's private offshore debt is of crucial importance in dealing with the current economic crisis, says Horst Kohler, a special envoy of Germany's Chancellor Helmut Kohl. Kohler said yesterday he would propose to Kohl to ask German banks to contribute constructively to a solution to the foreign debt problem of the Indonesian private sector.
Wed, 21 Jan 1998, 00:00 WIB
Political researchers call for new president
Political researchers call for new president JAKARTA (JP): Nineteen political researchers affiliated with the National Institute of Sciences (LIPI) called on the nation yesterday to elect a new president for the sake of much needed political and economic reforms. The scientists said in a joint statement that new national leadership would help the country heal its economy and restore its pride. "We are facing more than just an economic crisis, (it is also) a crisis of dignity...
Wed, 21 Jan 1998, 00:00 WIB
Malaysia may invest more in RI palm oil
Malaysia may invest more in RI palm oil KUALA LUMPUR (Reuters): Malaysian palm oil plantation operators welcomed Indonesia's agricultural reforms and said they may spur more Malaysian investment in that country's palm oil industry. Malaysia, the world's largest producer, already has many palm oil joint ventures in the second largest grower Indonesia. "Investments will definitely grow in the long run if negotiations start now," said a plantation company executive.
Wed, 21 Jan 1998, 00:00 WIB
Mar'ie says no more delays needed in property tax law
Mar'ie says no more delays needed in property tax law JAKARTA (JP): Minister of Finance Mar'ie Muhammad expressed confidence yesterday that Indonesia's battered economy would start recovering after the convening of the People's Consultative Assembly (MPR) in March. Therefore, Mar'ie said, the 6-month delay in the implementation of a building and land purchase tax law was enough to relieve some of the people's burden.
Wed, 21 Jan 1998, 00:00 WIB
Police hunt thieves
Police hunt thieves JAKARTA (JP): Police are looking for two men who stole jewelry and watches from an elderly woman at her house in Bendungan Hilir, South Jakarta. City Police spokesman Lt. Col. E. Aritonang yesterday said that the two men, whose identities were still unknown, stole a 100-gram gold necklace from Suprapti Sudarto Supeni, 72, on Monday. Aritonang did not disclose the carats of the stolen jewelry but said its total value could be about Rp 5 million.
Wed, 21 Jan 1998, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Exhibitions * Photo Exhibition: 100 old photos from Indonesia and Singapore, at Galeri TC (Twilight Cafe), Jl. Kemang Raya No.24A South Jakarta, Sunday to Thursday, 11:30 a.m. to 12 p.m., Friday to Saturday 11:30 a.m. to 2 a.m., until Jan. 29. * Painting Exhibition: From Mooi Indi 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 Jan. 26.