Archive: 27 January 1998
56 articles found
Tue, 27 Jan 1998
Pornographic VCDs and LDs destroyed
Pornographic VCDs and LDs destroyed PONTIANAK, West Kalimantan: The provincial film board destroyed yesterday 522 video compact discs and laser discs which were allegedly pornographic."We burned the discs which were confiscated during various operations in Pontianak and the surrounding regencies,"...
Tue, 27 Jan 1998
Crisis hits Asian automotive industry
Crisis hits Asian automotive industry KUALA LUMPUR (AFP): Vivien Lam's dream of owning a car was rudely shattered when she was sacked by a law firm in Kuala Lumpur last month amid the country's deepening economic crisis.
Tue, 27 Jan 1998
PBSI seeking more cash despite Rp 27b reserve
PBSI seeking more cash despite Rp 27b reserve JAKARTA (JP): The chairman of the Badminton Association of Indonesia, Subagyo Hadisiswoyo, said yesterday that the association's deposits of Rp 27 billion (US$2 million) were insufficient to finance the association's annual activities.
Tue, 27 Jan 1998
BI, JSX to close on Jan. 29
BI, JSX to close on Jan. 29 JAKARTA (JP): Bank Indonesia (BI) and the management of Jakarta Stock Exchange (JSX) announced yesterday they would halt operations on Thursday, Jan. 29, to celebrate the Moslem Idul Fitri holiday.
Tue, 27 Jan 1998
PSSI concentrating on Tiger Cup, not Asian Games
PSSI concentrating on Tiger Cup, not Asian Games JAKARTA (JP): The All Indonesian Soccer Federation (PSSI) is focusing on training the national team for the Tiger Cup here in September rather than the 13th Asian Games in Bangkok in December.
Tue, 27 Jan 1998
Sierad Produce suffers loss after profit: Official
Sierad Produce suffers loss after profit: Official JAKARTA (JP): Publicly listed PT Sierad Produce's financial performance might have gone deep into the red last year due to the rupiah's sharp depreciation.The company's vice president, F.X.
Tue, 27 Jan 1998
Kemang area
Kemang area Recently, my wife and I ate at one of the Kemang restaurants which is not supposed to be open anymore according to the city administration which had recently "decorated" such businesses with wooden red crossbars to close them down.
Tue, 27 Jan 1998
Phony soldier arrested
Phony soldier arrested JAKARTA (JP): City Police have detained for questioning a civilian who was caught wearing an Army uniform at the Kampung Rambutan intercity bus terminal in East Jakarta yesterday.City Police spokesman Lt. Col. E.
Tue, 27 Jan 1998
Presidential election rules 'need changing'
Presidential election rules 'need changing' YOGYAKARTA (JP): Changes in the presidential election rules are needed to accommodate extra-parliamentary nomination, a political expert said here yesterday.Ichlasul Amal of Gadjah Mada University said the present rules disregarded the fact that people...
Tue, 27 Jan 1998
Dibyo to attend joint forum
Dibyo to attend joint forum JAKARTA (JP): National Police Chief Gen. Dibyo Widodo confirmed last night that he would attend the upcoming coordination meeting with heads of the Supreme Court and Attorney General's Office."Of course I will go, I'm the police chief, right," he said.
Tue, 27 Jan 1998
Pefindo lowers rating of pulp and paper firms
Pefindo lowers rating of pulp and paper firms JAKARTA (JP): Local rating agency Pefindo has downgraded its long-term ratings on three companies and reaffirmed five others in the pulp, paper and plywood sectors as the monetary crisis starts to bite.
Tue, 27 Jan 1998
Strike paralyses two RP cities
Strike paralyses two RP cities DAVAO, Philippines (Reuters): Bus and taxi drivers barricaded roads and paralyzed two cities yesterday in the southern Philippines in a transport strike to protest fuel price increases, police said.
Tue, 27 Jan 1998
Man gets two years for attacking ambassador
Man gets two years for attacking ambassador JAKARTA (JP): Central Jakarta District Court sentenced a homeless man yesterday to two years in jail for using violence to try to extort money from Palestinian Authority Ambassador Ribhi Awad.
Tue, 27 Jan 1998
Bank mergers not a solution for RI: Analysts
Bank mergers not a solution for RI: Analysts HONG KONG (Reuters): Indonesia's policy of merging banks rather than letting bad institutions fail is ill-advised, analysts in Hong Kong said yesterday."It is a joke, this matter of mergers," said Philippe Dalhaise, president of Thomson BankWatch Asia.
Tue, 27 Jan 1998
Japanese factory burns in Vietnam
Japanese factory burns in Vietnam HANOI (AFP): A blaze broke out in a Japanese factory in the Taiwan-built Tan Thuan export processing zone outside Ho Chi Minh City, an official from Tan Thuan said yesterday.
Tue, 27 Jan 1998
'Bimbogate' diverts U.S. attention
'Bimbogate' diverts U.S. attention As the financial turmoil afflicting Asia has developed over the last six months, the role played by the United States has been critical. The Jakarta Post Asia correspondent Harvey Stockwin attempts an overview of the U.S.
Tue, 27 Jan 1998
Stronger banking reform
Stronger banking reform The flurry of bank merger plans announced over the past two weeks should be welcomed as part of a broad program to strengthen the banking industry. The steady plunge in the rupiah's exchange rate since July and the quick increase in the amount of bad credits since early this...
Tue, 27 Jan 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 26, 1998: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 600 75 5,000 AHAP Insurance 350 0 0 Alter Abadi 175 -25 1,304,000 Alumindo Light Metal 225 -25 66,500...
Tue, 27 Jan 1998
Firecrackers kill two in E. Java
Firecrackers kill two in E. Java SIDOARDJO, East Java: Two people were killed and eight others injured when a hazardous experiment with firecrackers went terribly wrong.Witnesses said that Isomudin, 28, a resident of Kenongo village, and Matkijo, 20, from Telasih village, Tulangan subdistrict,...
Tue, 27 Jan 1998
Reform the bureaucracy
Reform the bureaucracy I was really amazed by recent comments made by State Minister of Administrative Reforms T.B. Silalahi published in The Jakarta Post on Jan. 20 which indicated that once again the nation's real problems were not being addressed.
Tue, 27 Jan 1998
S'pore defense chief calm on crisis
S'pore defense chief calm on crisis WELLINGTON (AP): Security in Southeast Asia has not been significantly affected by the economic crisis afflicting the region, Singapore's defense minister said yesterday.
Tue, 27 Jan 1998
Councilors warn of migrant influx after Idul Fitri
Councilors warn of migrant influx after Idul Fitri JAKARTA (JP): City councilors urged the municipality yesterday to tighten its supervision and control of the end-of-holiday influx to prevent migrants from flocking to the capital after Idul Fitri.
Tue, 27 Jan 1998
Daihatsu boosts RI presence
Daihatsu boosts RI presence TOKYO (AFP): Japan's Daihatsu Motor Co. Ltd. will raise parts output at plants in Malaysia and Indonesia to overcome the impact of sharp currency depreciations there, a company spokesman said yesterday.The affiliate of auto giant Toyota Motor Corp.
Tue, 27 Jan 1998
Sports council cancels biomechanic tests
Sports council cancels biomechanic tests JAKARTA (JP): The economic turmoil has prompted the National Sports Council's 13th Asian Games task force to cancel plans for athletes to take biomechanic tests in Singapore.
Tue, 27 Jan 1998
Sofjan denies link to PRD
Sofjan denies link to PRD JAKARTA (JP): Business tycoon Sofjan Wanandi came out of an hour-long questioning by intelligence officers yesterday saying he is clear of all complicity with the banned Democratic People's Party (PRD).
Tue, 27 Jan 1998
Prices of food skyrocket in countdown to 'Lebaran'
Prices of food skyrocket in countdown to 'Lebaran' JAKARTA (JP): Prices of many foodstuffs have continued to rise over the past few days ahead of the Idul Fitri holiday.Data from the city's economic regional bureau (Binekda) released yesterday shows there were significant leaps in the prices of...
Tue, 27 Jan 1998
'Ojek' drivers beat man to death
'Ojek' drivers beat man to death TANGERANG (JP): A 21-year-old alleged extortionist was beaten to death by a group of ojek (motorcycle taxi) drivers in Jatake village on Sunday evening.Herman, dubbed the King of Extortion by local ojek drivers, suffered severe head injuries and bruises during the...
Tue, 27 Jan 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Children's Film: The Big Valley 3:10 Teenager's Program: Remaja Indonesia 3:35 Development Program: Hakamnas 4:00 Regional News 4:30 Teenager's Drama: Akal Bulus 5:00 English Lessons 5:30 TV Drama: Kejujuran 6:05 Nusantara, The Beloved...
Tue, 27 Jan 1998
Govt gives ISO 9000 to SMEs
Govt gives ISO 9000 to SMEs JAKARTA (JP): The Minister of Industry and Trade presented ISO 9000 certificates to 56 small, medium and large scale businesses yesterday.The certificates were presented by the ministry's secretary- general, Aidil Juzar, and the Minister of Cooperation and Small...
Tue, 27 Jan 1998
Intervention props up rupiah to 12,250 against greenback
Intervention props up rupiah to 12,250 against greenback JAKARTA (JP): The rupiah enjoyed a comparative respite yesterday, closing at 12,250 against the American dollar, amid fears of a possible corporate debt moratorium.
Tue, 27 Jan 1998
Lampung has new governor
Lampung has new governor BANDAR LAMPUNG, Lampung: Minister of Home Affairs Moch. Yogie SM installed yesterday Oemarsono as Lampung governor replacing Lt. Gen. (ret.) Poedjono Pranyoto who ended his tenure after serving two consecutive terms.
Tue, 27 Jan 1998
Holidays keeps rubber trade quiet
Holidays keeps rubber trade quiet SINGAPORE (Reuters): The Southeast Asian rubber market will be quiet this week because of the Lunar New Year and Moslem Eid al- Fitr holidays in several key rubber-producing countries, dealers said on Monday.
Tue, 27 Jan 1998
Vietnam coffee out of market
Vietnam coffee out of market SINGAPORE (Reuters): Vietnam robusta exporters were out of the Asian coffee market on Monday at the start of the Tet Lunar New Year holidays in their country, dealers said.But small-lot selling of Thai and Indonesian origins were seen in an otherwise lethargic market,...
Tue, 27 Jan 1998
Rp 1.8 trillion allocated to ease unemployment
Rp 1.8 trillion allocated to ease unemployment JAKARTA (JP): The government has allocated Rp 1.8 trillion (US$138 million) in the draft 1998/1999 state budget for labor- intensive projects designed to ease the worsening unemployment crisis, a minister said yesterday.
Tue, 27 Jan 1998
Govt abolishes plywood cartel
Govt abolishes plywood cartel JAKARTA (JP): Wood processing companies are rejoicing over the dismantling of the plywood cartel within the Indonesian Wood Panel Association (Apkindo) as they will be able to deal directly with buyers overseas starting Feb. 2.
Tue, 27 Jan 1998
People get more confused
People get more confusedFrom MerdekaIn the last few days, stickers have been made bearing the slogan "I love Rupiah".This confuses me since I cannot see who actually does not love rupiah. Without exception, common people like me, accounting for over 98 percent of the population, love rupiah...
Tue, 27 Jan 1998
Farmers, coops told to coordinate clove trading
Farmers, coops told to coordinate clove trading JAKARTA (JP): Farmers and cooperatives are expected to coordinate clove trading after the Clove Marketing and Buffer Stock Agency (BPPC) pulls out from the commodity's trading in July this year, a senior official says.
Tue, 27 Jan 1998
Higher electricity tariff base studied
Higher electricity tariff base studied JAKARTA (JP): The Ministry of Mines and Energy is studying the possibility of increasing the electricity tariff base following the rupiah's sharp depreciation against the U.S. dollar, an official has said.
Tue, 27 Jan 1998
Military officials donate money and gold to help government
Military officials donate money and gold to help government JAKARTA (JP): Hundreds of high-ranking military officers joined the "Love Rupiah" campaign yesterday, donating money and gold to help the government overcome the monetary crisis.
Tue, 27 Jan 1998
Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim)
Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) conversion rates on Jan. 26, 1998: Buying Selling Rp Rp U.S. dollar 1 12,250.00 15,250.00Austrian shilling 1 1,035.90 1,371.30Australian dollar 1 9,031.50 11,154.00Belgian franc 1 369.00 454.00Canadian dollar 1 9,278.40 11,402.
Tue, 27 Jan 1998
23 die of dengue in South Sumatra
23 die of dengue in South Sumatra PALEMBANG, South Sumatra: At least 23 people have died in South Sumatra of dengue fever during the first month of the year, according to a local health official.The head of the South Sumatra office of the health ministry, Deddy Ruswendi, was quoted by Antara as...
Tue, 27 Jan 1998
Shaman serial killer's story to become film
Shaman serial killer's story to become film JAKARTA (JP): The infamous North Sumatran shaman being tried for killing 42 women, Achmad Suraji alias Nasib Kelewang, will soon get his chance at stardom now that his life and alleged heinous crimes have been made into a movie.
Tue, 27 Jan 1998
Economic woes and the need for political reform
Economic woes and the need for political reformBy Hendardi JAKARTA (JP): Economic interest and programs have given the New and Old Order governments different political characters.When it came to power in the latter half of the 1960s, the New Order government claimed to be committed to pursuing...
Tue, 27 Jan 1998
Hidden motive behind rupiah free-fall
Hidden motive behind rupiah free-fall Despite the government's announcement of reforms last week, the rupiah's value has continued to fall. Economist Kwik Kian Gie attempts to find out why. JAKARTA (JP): The Council for Economic and Monetary Resilience headed by President Soeharto has enacted...
Tue, 27 Jan 1998
Political reforms 'must lead to a cleaner govt'
Political reforms 'must lead to a cleaner govt' JAKARTA (JP): In a hearing with members of the dominant Golkar faction, the Indonesian Legal Aid and Human Rights Association said nothing short of political reform toward a more democratic system would lift the country out of its current doldrums.
Tue, 27 Jan 1998
RI turns to Australia on trade problems
RI turns to Australia on trade problems JAKARTA (JP): President Soeharto has asked Australia to help resolve Indonesia's trading problems by issuing an export credit guarantee for the country because many foreign banks, including Australian ones, have rejected its Letters of Credit (L/C).
Tue, 27 Jan 1998
Teenagers arrested for fatal attack
Teenagers arrested for fatal attack JAKARTA (JP): Three teenagers have been arrested for allegedly beating a youth to death in Kembangan district, West Jakarta, city police spokesman Lt. Col. E. Aritonang said yesterday.Aritonang identified the three as Topan Bin Samari, 19, M.
Tue, 27 Jan 1998
Govt warns of possible return of forest fires
Govt warns of possible return of forest fires JAKARTA (JP): The government is on alert again for the possible return of brush and forest fires in Kalimantan and Sumatra, following a particularly dry week which has seen little rain fall in the area.
Tue, 27 Jan 1998
Bakrie trims Iran stake
Bakrie trims Iran stake NICOSIA (Reuters): Canada's Bow Valley Energy Ltd, planning a buy-back contract to develop an Iranian oilfield, has been told by its Indonesian partner that it would no longer be able to finance the project as planned, the Middle East Economic Survey (MEES) reported on...
Tue, 27 Jan 1998
Man detained for stabbing his neighbor
Man detained for stabbing his neighbor JAKARTA (JP): A 40-year-old scavenger was fatally stabbed by two men after breaking up a minor argument involving the suspects' younger brother in Central Jakarta yesterday afternoon.
Tue, 27 Jan 1998
Causes of the crisis
Causes of the crisis Now that Indonesia is experiencing an economic meltdown, it may be more than instructive to look at what caused it.Unlike the IMF, I do not think poor fiscal and monetary policies and market imperfections were the prime causes.
Tue, 27 Jan 1998
Tofu, tempeh business not full of beans
Tofu, tempeh business not full of beansBy Kafil Yamin BANDUNG (JP): Lilis Syarifah had just returned from school when she reopened her father's small tofu factory. But the 19- year-old would only serve those who came to her mill in Cibuntu, one of the tofu producing centers in Bandung.
Tue, 27 Jan 1998
Ramadhan time for Jakarta
Ramadhan time for JakartaTuesdayMaghrib 6:19 p.m.WednesdayImsak 4:23 a.m.Subuh 4:33 a.m.
Tue, 27 Jan 1998
Idul Fitri may fall on different dates: MUI
Idul Fitri may fall on different dates: MUI JAKARTA (JP): The influential Indonesian Council of Ulemas (MUI) has acknowledged the possibility of Indonesian Moslems celebrating Idul Fitri on different days, and called on the government to guarantee peaceful observance.
Tue, 27 Jan 1998
Sabah braces for drought
Sabah braces for drought KUALA LUMPUR (DPA): Authorities in Malaysia's Sabah state on Borneo island forecast a potential drought as a result of a prolonged dry season brought on by the weather phenomenon known as El Nino, a newspaper said yesterday.
Tue, 27 Jan 1998
Govt has to bail out private debt: Analysts
Govt has to bail out private debt: Analysts JAKARTA (JP): The Indonesian government has to bail out the country's corporate foreign debt in a bid to ease the country's currency crisis, economists and analysts say.