Indonesian Political, Business & Finance News

Archive: 8 October 1998

64 articles found

Group wants Anwar trial in Malay

<p>Group wants Anwar trial in Malay</p><p> KUALA LUMPUR (AP): The decision by a judge to conduct the trial of Malaysia's chief dissident in English instead of the local language has drawn criticism, a newspaper reported on Wednesday.

Mercure offers new service

<p>Mercure offers new service</p><p> JAKARTA (JP): Hotel Mercure Rekso Hayam Wuruk announced on Wednesday that it would provide a new service aimed at giving information to foreign businesspeople interested in starting businesses in Indonesia.

No one safe from schizophrenia

<p>No one safe from schizophrenia</p><p> JAKARTA (JP): Could not sleep last night? It happens almost every week day? Or suddenly feeling hypersensitive or hyperactive? It may be an early sign of mental or behavioral disorder.

Stabilizing the rupiah

<p>Stabilizing the rupiah</p><p> News that the government is planning to study a number of foreign exchange control options, and expectations that any option chosen will be consistent with regard to pursuing its Bank Indonesia liquidity aid (BLBI) policies, has helped to...

Semen Gresik to export 1.25m tons of cement

<p>Semen Gresik to export 1.25m tons of cement</p><p> JAKARTA (JP): Publicly listed cementmaker PT Semen Gresik and its two wholly owned subsidiaries will export at least 1.25 million metric tons of cement this year to offset a declining domestic demand, the company's...

Schizophrenia: Painting picture to shatter the myths

<p>Schizophrenia: Painting picture to shatter the myths</p><p>By I. Christianto</p><p> JAKARTA (JP): She enthusiastically displayed her 20-page drawing book and explained in detail the theme of each drawing. Most of them, made with a ball-point pen, resembled sketches.

ASEAN members agree to submit surveillance data

<p>ASEAN members agree to submit surveillance data</p><p> MANILA (Dow Jones): All members of the nine-nation Association of Southeast Asian Nations, or ASEAN, have finally agreed on supplying the necessary data to set up a long-awaited economic mutual surveillance mechanism.

Shutterbugs show their skills in photographs of city life

<p>Shutterbugs show their skills in photographs of city life</p><p> JAKARTA (JP): At first glance, the photographs seem to be nothing special. In fact, most may look like run-of-the-mill snapshots of experimenting young photography enthusiasts or students.

Ex-champ Icuk wants to see Mia win Indonesia Open

<p>Ex-champ Icuk wants to see Mia win Indonesia Open</p><p> JAKARTA (JP): Indonesia's best hope, Mia Audina, will end her title drought in the US$120,000 Sanyo Indonesia Open Badminton Championships, after her chief rivals have opted out, former world champion Icuk Sugiarto...

Sultan to confer with journalists

<p>Sultan to confer with journalists</p><p> YOGYAKARTA: Newly installed Yogyakarta governor Sri Sultan Hamengkubuwono X has promised to lead in an open manner and hold routine dialogs with local journalists in order to disseminate his development policies and seek input.

Indonesia to rely on women in Asiad tennis

<p>Indonesia to rely on women in Asiad tennis</p><p> JAKARTA (JP): Women players make up the bulk of Indonesia's tennis squad for the 13th Asian Games in Bangkok in December, the Indonesian Tennis Association announced on Wednesday.

Where to go in Bali:

<p>Where to go in Bali:</p><p>Exhibitions</p><p> * Painting Exhibition: Cakrawala Seni, Museum Puri Lukisan - Yayasan Ratna Warta, Jl. Raya Ubud, Ubud (Phone: 0361 975136), 8 a.m. to 5 p.m., until Oct. 8.

Schizophrenia initiated by some indicative symptoms

<p>Schizophrenia initiated by some indicative symptoms</p><p> JAKARTA (JP): Some symptoms which may indicate a person is schizophrenic are:</p><p>* inability to sleep, unusual waking hours;</p><p>* social withdrawal, isolation;</p><p>* weakening...

Duty free imports of lubricants

<p>Duty free imports of lubricants</p><p> I am writing in response to the article "Lubricant producers against imports freedom" of Oct. 5. Many times, the Association of Indonesian Lubricant Producers, through its chairman A.P.

Young girl dies from overdose

<p>Young girl dies from overdose</p><p> JAKARTA (JP): A 16-year-old girl died in her rented house on early Wednesday morning possibly due to an overdose of putaw, a low-grade heroin.</p><p>Fatimah Oktavia, popularly known as Ria, was found lying on the floor of her...

Ignorance worsens malnutrition: Farid

<p>Ignorance worsens malnutrition: Farid</p><p> JAKARTA (JP): Minister of Health Farid Anfasa Moeloek said on Wednesday malnutrition problems found among the country's children were not only due to economic deprivation but also because of a lack of knowledge on health issues.

Ishadi replaced as director general

<p>Ishadi replaced as director general</p><p> JAKARTA (JP): The Ministry of Information's director general for radio, television and film, Ishadi SK, was formally replaced on Wednesday with Azis Husain, who is also the director of state television station TVRI.

River pollution high in C. Lampung

<p>River pollution high in C. Lampung</p><p> BANDAR LAMPUNG, Lampung: Four tapioca factories have allegedly dumped hundreds of metric tons of waste into Pegadungan River flowing through Central Lampung.

GMNU to stage 'mass gathering'

<p>GMNU to stage 'mass gathering'</p><p> JAKARTA (JP): The Nahdlatul Ulama Youth Movement (GMNU), a youth wing of the country's largest Moslem organization, the Nahdlatul Ulama, announced on Wednesday a plan to stage a huge gathering here -- probably to be attended...

Malaysian crisis heats up amid fresh pro-Anwar rally

<p>Malaysian crisis heats up amid fresh pro-Anwar rally</p><p> KUALA LUMPUR (Agencies): Prime Minister Mahathir Mohamad said on Wednesday he would not appoint a replacement for Anwar Ibrahim as anti-government protests broke out again with thousands demanding justice for his...

End minimum wage system, says Union

<p>End minimum wage system, says Union</p><p> CIANJUR, West Java (JP): The splinter faction of the Federation of All Indonesian Workers Union (FSPSI Reformasi) will fight for replacement of the monthly minimum wage with a market- based remuneration system, a newly elected...

Aberdeen cuts Bank Bali stake

<p>Aberdeen cuts Bank Bali stake</p><p> JAKARTA (JP): Publicly listed Bank Bali said on Wednesday that regional fund manager Aberdeen Asset Management Asia Ltd reduced its stake in the bank to 4.99 percent on Sept. 15.

Conversion Rates

<p>Conversion Rates</p><p> JAKARTA (JP): Bank Bali's conversion rates on Oct. 7, 1998:</p><p> TT rates Bank notes rates</p><p> ----------------------------------------</p><p> Buying Selling Buying Selling</p><p> Rp Rp Rp...

Last ditch stand politics revisited

<p>Last ditch stand politics revisited</p><p>By Herb Feith</p><p> YOGYAKARTA (JP): Sunsets can be tranquil or turbulent. In the turbulent ones there is often a moment of intense brightness just before the sun disappears.

Stock Exchange

<p>Stock Exchange</p><p>Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 7, 1998:</p><p> Shares Close Change Trading</p><p> Volume ------------------------------------------------------- Ades Alfindo 325 0 0 AHAP Insurance 400 0 0 Alter Abadi...

New entrants for odd museum

<p>New entrants for odd museum</p><p> SEMARANG (JP): Hanging around parking lots has its own virtue. Jauhari, 37, likes to memorize number plates, and his habit has landed him in the Indonesian Museum of Records here -- he can memorize sequences up to 49 digits long.

Habibie set to meet Estrada in S'pore

<p>Habibie set to meet Estrada in S'pore</p><p> MANILA (AP): Philippine President Joseph Estrada has been invited by Indonesian President B.J. Habibie to meet next week in Singapore when both leaders are attending an international economic forum, Estrada's spokesman said...

Art Summit schedule

<p>Art Summit schedule</p><p> Oct. 7-8: Music, No World Improvisations, Jin Hi Kim (USA), Taman Ismail Marzuki (TIM), Jl. Cikini Raya 73, Central Jakarta (Phone: 3154087).</p><p>Oct.

More juvenile delinquency amid crisis

<p>More juvenile delinquency amid crisis</p><p> JAKARTA (JP): Psychologist Subyakto Atmosiswoyo said on Wednesday that juvenile delinquency was on the increase in the city because of the current economic crisis.

Manila to hunt on for Marcos money

<p>Manila to hunt on for Marcos money</p><p> MANILA (AFP): The Philippine government will not let up its chase against the estate of the Marcos family despite the acquittal of former first lady Imelda Marcos, presidential spokesman Fernando Barican said on Wednesday.

Megawati's congress set to open

<p>Megawati's congress set to open</p><p>By Imanuddin and M.M.I. Ahyani</p><p> DENPASAR (JP): Tens of thousands of Megawati Soekarnoputri loyalists continue to stream into Bali to lend support to a three-day congress of her faction of the Indonesian Democratic...

ASEAN ministers open their economic meeting

<p>ASEAN ministers open their economic meeting</p><p> MANILA (AFP): Southeast Asian economic ministers began a two- day meeting here Wednesday with commitments to drastic tariff cuts as a pill to revive economies knocked down by the Asian financial flu.

Rupiah beefs up to 9,500 against dollar

<p>Rupiah beefs up to 9,500 against dollar</p><p> JAKARTA (JP): The rupiah broke through the 10,000 key psychological level against the U.S. dollar on Wednesday to hit 9,500 -- the highest level since former President Soeharto resigned in May.

Why nepotistic?

<p>Why nepotistic?</p><p> Ms. Donna Woodward's letter printed in the Oct. 3 edition of The Jakarta Post once again allowed her to assume a position atop her well-worn soap-box; this time to launch into a critique of Ilham Habibie's recent participation in an official...

Indonesia denies plan to control export earnings

<p>Indonesia denies plan to control export earnings</p><p> MANILA (Dow Jones): The Indonesian government is still studying a plan that could force exporters to repatriate their foreign exchange earnings, Coordinating Minister for Economy, Finance and Industry Ginandjar...

PDI congress still a tough forum for Megawati

<p>PDI congress still a tough forum for Megawati</p><p>By Imanuddin</p><p> JAKARTA (JP): When Minister of Defense and Security/Armed Forces (ABRI) Commander Gen. Wiranto finally said "yes" on Sept.

Dewi accuses Soeharto of plotting coup attempt

<p>Dewi accuses Soeharto of plotting coup attempt</p><p> JAKARTA (JP): A widow of Indonesia's founding president Sukarno, Ratna Sari Dewi, alleged again on Wednesday that former president Soeharto had plotted his own coup in order to wrest power from Sukarno in the mid-1960s.

Where to go in Surabaya:

<p>Where to go in Surabaya:</p><p>Exhibitions</p><p> * Cultural Activities of CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 5678639): - Photo Exhibition: Indonesia - Paradox Cultural, Herve Dangla, 9 a.m. to 8:30 p.m., until Oct. 13.

Watch out! More street bandits prey on vehicles, accessories

<p>Watch out! More street bandits prey on vehicles, accessories</p><p> JAKARTA (JP): It was early afternoon. The female executive and a guest of her company were being driven in her C-200 Mercedes Benz sedan in South Jakarta, when suddenly three teenagers approached them while...

Dismissed workers get pension fund

<p>Dismissed workers get pension fund</p><p> BANJARMASIN, South Kalimantan: The state-owned social security insurance company, PT Jamsostek, has paid Rp 2.48 billion in pension funds to more than 4,600 dismissed workers in the province.

Bogus policeman steals motorcycle

<p>Bogus policeman steals motorcycle</p><p> JAKARTA (JP): City police are currently looking for a criminal believed to have pretended to be a policeman who deceived a motorcyclist and made away with his RX King motorcycle in South Jakarta.

Bad debt recovery crucial for bank restructuring

<p>Bad debt recovery crucial for bank restructuring</p><p> JAKARTA (JP): Resolving bad debt problems is a crucial step in restructuring Indonesia's ailing banks, an international banking analyst has said.

Removal of Indorayon's mill contradicts prior agreements

<p>Removal of Indorayon's mill contradicts prior agreements</p><p> SINGAPORE (Dow Jones): The Indonesian government's call for the relocation of PT Inti Indorayon's mill in North Sumatra contradicts prior agreements between the company and the government, Asia...

Tidal swell leaves hundreds homeless in Aceh

<p>Tidal swell leaves hundreds homeless in Aceh</p><p> JAKARTA (JP): Some 1,276 North Acehnese were forced to abandon their villages after losing their homes to a tidal swell.</p><p>Antara quoted a public relations officer in Lhokseumawe, Aceh, as saying on Wednesday...

Garuda seeks new routes and airplanes

<p>Garuda seeks new routes and airplanes</p><p> JAKARTA (JP): National flag carrier Garuda Indonesia plans to look for new international routes and new airplanes despite a recent decision to return several leased jets and halt a number of its established foreign routes.

Rating lowered for Indonesian state banks

<p>Rating lowered for Indonesian state banks</p><p> HONG KONG (Dow Jones): Thomson BankWatch announced Wednesday it has downgraded the short-term local currency debt ratings for six Indonesian state banks.

Estrada urges ASEAN to discuss problems freely

<p>Estrada urges ASEAN to discuss problems freely</p><p> MANILA (Reuters): Philippine President Joseph Estrada asked the Association of South East Asian Nations (ASEAN) countries on Wednesday to discuss their problems freely and find solutions to restore the region's...

FAO warns of worsening RI food crisis

<p>FAO warns of worsening RI food crisis</p><p> SINGAPORE (Dow Jones): Indonesia's food situation has worsened to such an extent that it needs to import more rice while its production is set to fall, according to an Oct.

Military personnel may be involved in killings: NU

<p>Military personnel may be involved in killings: NU</p><p> JAKARTA (JP): Military personnel and a government official may have been involved in a mysterious murder spree of more than 100 people in East Java, according to Antara on Wednesday.

'Political scenario' cited behind protests

<p>'Political scenario' cited behind protests</p><p> JAKARTA (JP): Minister of Defense and Security/Armed Forces Commander Gen. Wiranto said on Wednesday that a "political scenario" was behind a demonstration on Sept.

Never become an IMF plaything

<p>Never become an IMF plaything</p><p>From Merdeka</p><p>Several months before his resignation, former president Soeharto signed an agreement with the International Monetary Fund (IMF).

Indonesia vows to pursue painful economic reforms

<p>Indonesia vows to pursue painful economic reforms</p><p> WASHINGTON (AFP): Indonesia's finance minister pledged to world leaders Tuesday that his government would stick with painful economic reforms despite widespread suffering caused by the Asian financial crisis.

It's time for Chinese-Indonesians to wake up

<p>It's time for Chinese-Indonesians to wake up</p><p>By Rahayu Ratnaningsih</p><p> This is the first of two articles suggesting steps which could be taken by Chinese-Indonesians in the aftermath of the May riots.

Cardinal Sin sick but in good spirits

<p>Cardinal Sin sick but in good spirits</p><p> MANILA (DPA): Outspoken Philippine Roman Catholic Cardinal Jaime Sin has been hospitalized since late last month due to a stomach infection, church officials said in a statement on Wednesday.

Perumka orders builders off land

<p>Perumka orders builders off land</p><p> BANDA ACEH, Aceh: The provincial office of the Ministry of Communications has told developers of shops on land belonging to state-owned railway company Perumka to stop their activities.

British missions due here

<p>British missions due here</p><p> JAKARTA (JP): Two business delegations from the United Kingdom are due here next week to boost business ties between the two countries, the British Embassy said on Wednesday.

Heavy fighting erupts again in north Sri Lanka

<p>Heavy fighting erupts again in north Sri Lanka</p><p> COLOMBO (Agencies): Heavy fighting broke out between government troops and Tamil Tiger rebels in Sri Lanka's north when the military advanced ahead of a key town that it captured last week, military officials said on...

Radicals on the move?

<p>Radicals on the move?</p><p> After what has seemed to many observers like a rather protracted period of indecision, it appears President B.J. Habibie has now acquired the necessary self-confidence to launch a convincing counteroffensive against his critics and antagonists and...

No boundaries for revamped 2 Unlimited

<p>No boundaries for revamped 2 Unlimited</p><p> JAKARTA (JP): UK dance-act 2 Unlimited have arrived in Jakarta on a promotional tour, but don't be surprised if you don't recognize them.

Many countries offer barter deals to RI

<p>Many countries offer barter deals to RI</p><p> JAKARTA (JP): China, India, South Korea, Vietnam and a number of European countries have offered countertrade arrangements with Indonesia to help the latter cope with its financial crisis, a senior official said here on Wednesday.

Toyota help SE Asia plants

<p>Toyota help SE Asia plants</p><p> TOKYO (Nikkei): Toyota Motor Corp has unveiled plans to provide financial support for companies in Southeast Asia that supply its local factories with auto parts, the Nihon Keizai Shimbun reports in its Wednesday morning edition.

Govt swears to root out KKN in power contracts

<p>Govt swears to root out KKN in power contracts</p><p> JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto has pledged that the government will stamp out all traces of corruption, collusion and nepotism in the awarding of power projects to independent power...

Local angry over waste from pig farms

<p>Local angry over waste from pig farms</p><p> TANGERANG (JP): About 300 residents of Tanjung Burung village in Teluk Naga district here went to the Tangerang regency office on Tuesday to protest pig farming in their village.

Rise of yen propels SE Asian monies higher

<p>Rise of yen propels SE Asian monies higher</p><p> SINGAPORE (Dow Jones): Southeast Asian currencies continued their winning streak against the U.S. dollar in Asian trading Wednesday, after getting a tremendous boost from the strength of the yen.