Archive: 5 November 1998
54 articles found
Thu, 05 Nov 1998
Most SE Asian currencies gain footing
Most SE Asian currencies gain footing SINGAPORE (Dow Jones): All Southeast Asian currencies, except Indonesia's flagging rupiah, managed to climb higher against the U.S. dollar despite a gradually weakening yen in Asian trading on Wednesday.The Philippine peso pushed as high as 39.
Thu, 05 Nov 1998
CPO exports fall in response to strong rupiah
CPO exports fall in response to strong rupiah JAKARTA (JP): Producers of crude palm oil (CPO) have cut back on exports as the rupiah gains some strength against the U.S. dollar and the government maintains a high export tax on the product, an industry executive has said.
Thu, 05 Nov 1998
We'll get tough, Wiranto says
We'll get tough, Wiranto says JAKARTA (JP): The Armed Forces (ABRI) has threatened to take stern action against anyone attempting to disrupt the Nov. 10 through Nov. 13 Special Session of the People's Consultative Assembly (MPR) as it believes the event is the "only gateway" to a democratic...
Thu, 05 Nov 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film: Thundercats 3:05 Environment Program 3:30 Science Film: Invention 4:00 Regional News 4:30 Creative Program: Karya Kita 5:00 Arabic Lessons 5:30 TV Series: The Man from Uncle 6:00 News: Lintasan Berita 6:05 Documentary: Rona...
Thu, 05 Nov 1998
Floods force many from homes
Floods force many from homes BANYUMAS, Central Java: Thousands of residents in six districts in the regencies of Banyumas and Cilacap were forced to flee to higher ground after their homes were inundated following two days of heavy rains.
Thu, 05 Nov 1998
KONI picks swimmers, horse riders for Asiad
KONI picks swimmers, horse riders for Asiad JAKARTA (JP): National Sports Council (KONI) chairman Wismoyo Arismunandar on Wednesday gave the nod to two women swimmers and four horse riders to compete at the 13th Asian Games in Bangkok next month.
Thu, 05 Nov 1998
Siemens enters local fire protection market
Siemens enters local fire protection market JAKARTA (JP): Swiss fire protection equipment maker Cerberus AG, a unit of the Germany-based technology company Siemens AG, has set up a joint venture offering fire protection and security systems to buildings in the country.
Thu, 05 Nov 1998
Indosat reports 89.4% rise in net profit
Indosat reports 89.4% rise in net profit JAKARTA (JP): PT Indonesian Satellite Corporation (Indosat) announced on Wednesday consolidated net income of Rp 847.7 billion (US$79.2 million) for the first nine months of 1998, representing an 89.4 percent increase over the same period of last year.
Thu, 05 Nov 1998
Reporters robbed aboard minivan
Reporters robbed aboard minivan JAKARTA (JP): Two reporters and two other passengers were robbed of belongings worth about Rp 4 million (US$500) by a gang of five young men who boarded their public minivan near Jatinegara railway station in East Jakarta early on Wednesday morning.
Thu, 05 Nov 1998
Palembang, too, has beautiful batik
Palembang, too, has beautiful batikBy Lila Fitri Aly JAKARTA (JP): We know all about batik from Yogyakarta, Surakarta (Solo), Pekalongan or other cities of Central Java. But Palembang batik?In fact, batik production is found not only in Java, but also other areas of the country such as Palembang...
Thu, 05 Nov 1998
Squatters occupy a disputed Ancol plot
Squatters occupy a disputed Ancol plot JAKARTA (JP): A group of 100 people occupied a 1.4-hectare plot of land inside the Ancol dreamland park in North Jakarta on Wednesday.Claiming to be representatives of the land's heirs, the squatters pitched bamboo and canvas tents and pledged to remain on the...
Thu, 05 Nov 1998
Net int'l reserves increase to US$14.21b
Net int'l reserves increase to US$14.21b JAKARTA (JP): Bank Indonesia's (BI) net international reserves rose by US$299.8 million to $14.21 billion in the week ending Oct. 30 from the previous week's $13.91 billion, the central bank announced on Wednesday.
Thu, 05 Nov 1998
RI's postcrisis financial sector
RI's postcrisis financial sectorBy Eddy Soeparno JAKARTA (JP): Indonesia, relative to other regional countries, is still lagging way behind in terms of its economic recovery. The country has just received a "Pass" grade from the International Monetary Fund (IMF), after months of lengthy...
Thu, 05 Nov 1998
Local producers stand up to influx of imports
Local producers stand up to influx of imports JAKARTA (JP): An influx of cheap imported paper onto the domestic market has not yet affected local producers, a senior Ministry of Industry and Trade official said on Wednesday.
Thu, 05 Nov 1998
UNESCO warns RI facing a dire problem
UNESCO warns RI facing a dire problemBy Rita A. Widiadana Indonesia has been buffeted by social, economic and political blows for more than a year. And there is no sign of a recovery in sight. The country's education, culture and science sectors, along with environmental management, are...
Thu, 05 Nov 1998
ADB provides aid for irrigation
ADB provides aid for irrigation MANADO, North Sulawesi: The Asian Development Bank (ADB) has provided more than Rp 29 billion for the repair and maintenance of irrigation networks in the province for the 1998/1999 fiscal year, Antara reported on Wednesday.
Thu, 05 Nov 1998
Slow action
Slow actionFrom GatraFor four full years -- from July 1991 to July 1995 -- I was assigned to a state enterprise in Banyuwangi, East Java, a district subdivided into 13 subdistricts and having a population of some 1.5 million people.
Thu, 05 Nov 1998
Debtor-creditor date
Debtor-creditor date The two-day conference on Indonesian corporate foreign debt that ended here on Tuesday was not designed to reach any concrete deals but mainly to jump-start negotiations between creditors and debtors.
Thu, 05 Nov 1998
Bankers call on govt to extend CAR deadline
Bankers call on govt to extend CAR deadline JAKARTA (JP): Bankers urged the government on Wednesday to set back the end-of-December deadline for all commercial banks to have a minimum 4 percent capital adequacy ratio (CAR) due to their current difficulty in raising cash.
Thu, 05 Nov 1998
TGPF report on riots gets mixed reactions
TGPF report on riots gets mixed reactions JAKARTA (JP): Criticism and praise have greeted the long- awaited findings of the joint fact-finding team on the May riots which blanketed Jakarta and other major cities.Minister of Defense and Security/Armed Forces Commander (ABRI) Gen.
Thu, 05 Nov 1998
Designers compromise creativity to meet targets
Designers compromise creativity to meet targetsBy Stevie Emilia JAKARTA (JP): In their work, designers depend mostly on creativity. But in facing the future's competition, many of them, like it or not, must compromise with the demand from producers and the market, leaving cultural aspects behind.
Thu, 05 Nov 1998
Disabled reject severance pay
Disabled reject severance pay JAKARTA (JP): Eighty handicapped workers of Swa Prasidya Purna workshop for the handicapped rejected on Wednesday combined severance pay of Rp 200 million (US$25,000) offered by the center's management.
Thu, 05 Nov 1998
Javan hawk-eagle numbers dwindling
Javan hawk-eagle numbers dwindling JEMBER, East Java: A chief conservationist expressed concern on Tuesday over the decreasing number of Javan hawk-eagles in the country, Antara reported.The population of Javan hawk-eagles is estimated at no more than 200 and it is feared their numbers will...
Thu, 05 Nov 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 4, 1998: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 225 -50 17,000 AHAP Insurance 400 0 0 Alter Abadi 250 0 1,000 Alumindo Light Metal 225 0 0 Alumindo Perkasa...
Thu, 05 Nov 1998
Kostrad meeting was 'not secret'
Kostrad meeting was 'not secret' JAKARTA (JP): Noted businessman Hashim S. Djojohadikusumo claimed on Wednesday that there was nothing secret about the meeting held at the Army's Strategic Reserve Command (Kostrad) headquarters on May 14, saying it was a "very normal meeting among friends".
Thu, 05 Nov 1998
Foreign investment approvals slump 50% until October
Foreign investment approvals slump 50% until October JAKARTA (JP): The government approved US$12.7 billion worth of foreign investment projects in the first 10 months of 1998, down 49.8 percent from projects worth $25.
Thu, 05 Nov 1998
RI given discount on cattle imports
RI given discount on cattle imports JAKARTA (JP): The country will import 30,000 beef cattle at discounted prices from Western Australia to meet expected high demand over Christmas, New Year's and the Moslem Idul Fitri festivities in January.
Thu, 05 Nov 1998
125,000 civilians to help safeguard MPR meeting
125,000 civilians to help safeguard MPR meeting JAKARTA (JP): The city security authority, short on personnel and weighed down by a mounting workload, has enlisted 125,000 civilians to help safeguard next week's Special Session of the People's Consultative Assembly (MPR).Jakarta Police chief Maj.
Thu, 05 Nov 1998
Wiranto warns Moslem community about the dangers of reform
Wiranto warns Moslem community about the dangers of reform JAKARTA (JP): Minister of Defense and Security/Armed Forces (ABRI) Commander Gen. Wiranto warned on Wednesday against allowing the reform movement to degenerate into a revolution.
Thu, 05 Nov 1998
MPR session may fail to uphold people's aspirations
MPR session may fail to uphold people's aspirations The People's Consultative Assembly (MPR) is scheduled to hold an extraordinary session in Jakarta on Nov. 10-13 to endorse the general election process of May 1999.
Thu, 05 Nov 1998
Political link to killings comes under scrutiny
Political link to killings comes under scrutiny JAKARTA (JP): National Police Chief Lt. Gen. Roesmanhadi said on Wednesday that the Armed Forces (ABRI) has sent three teams to investigate the mass killings of Moslem preachers and alleged practitioners of witchcraft in East Java.
Thu, 05 Nov 1998
Where to go in Bali:
Where to go in Bali:Exhibitions * Painting Exhibition: Different Visions, by Frans Nadjira, Charles Cham, Budhiana, Aant S. Kawisar, at Ganesha Gallery, Four Seasons Resort, Jimbaran (Phone: 0361 701010), daily, 12 p.m. to 8 p.m., until Dec. 3.
Thu, 05 Nov 1998
Pauline Hanson factor fails to rate Indonesia: Study
Pauline Hanson factor fails to rate Indonesia: StudyBy Rob Goodfellow WOLLONGONG, Australia (JP): A recent qualitative study conducted in Indonesia suggests that the Pauline Hanson Factor was not high in the minds of the average Indonesian man in the street.
Thu, 05 Nov 1998
IBRA pessimistic on bad bank loans
IBRA pessimistic on bad bank loans JAKARTA (JP): The banking sector's huge number of non- performing loans (NPLs) cannot be fully recovered due to the severity of the economic crisis that has plagued the country since the middle of last year, according to a key official of the Indonesian Bank...
Thu, 05 Nov 1998
Mobil Oil 'knows nothing' of rights abuses in Aceh
Mobil Oil 'knows nothing' of rights abuses in Aceh JAKARTA (JP): The management of an American-based oil company denied on Wednesday that it should share the blame for human rights abuses in Aceh, the country's northernmost province.Chief executive officer of Mobil Oil Corp., L.A.
Thu, 05 Nov 1998
Thailand will quit INRO
Thailand will quit INRO BANGKOK (Reuters): Thailand, the world's top natural rubber producer and exporter, is leaning towards pulling out of the International Natural Rubber Organization (INRO), a government minister said on Wednesday.
Thu, 05 Nov 1998
Police warn of tense situation ahead of MPR
Police warn of tense situation ahead of MPR JAKARTA (JP): The country will be gripped by tension in the days leading up to the Nov. 10 to Nov. 13 Special Session of the People's Consultative Assembly (MPR), according to National Police chief Lt. Gen. Roesmanhadi.
Thu, 05 Nov 1998
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Nov. 4, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,425.00 8,525.00 8,425.00 8,625.00Austrian schilling 1 681.05 751.05 - -Australian dollar 1 5,155.80 5,415.80 5,150.00 5,500.00Belgian franc 1 228.45 253.
Thu, 05 Nov 1998
Golkar's perpetual arrogance
Golkar's perpetual arroganceFrom TempoIt seems that the Functional Group (Golkar) still retains its arrogant and over-confident attitude, characteristics it perpetuated during the New Order era. Golkar feels that there is no reason for the party to apologize to the Indonesian people for all the...
Thu, 05 Nov 1998
Rupiah propped up before MPR session
Rupiah propped up before MPR session JAKARTA (JP): Bank Indonesia said on Wednesday it would intervene in the currency market in the days leading to and during the special session of the People's Consultative Assembly next week to prevent the rupiah from declining further.
Thu, 05 Nov 1998
Gatari to return forest ministry's helicopters
Gatari to return forest ministry's helicopters JAKARTA (JP): Private air charter company PT Gatari Air Service, owned by ex-president Soeharto's son Hutomo Mandala Putra, is to return the remaining five helicopters owned by the ministry of forestry and plantations as late as February 1999.
Thu, 05 Nov 1998
Vaccination drive a shot in the arm for kids' health
Vaccination drive a shot in the arm for kids' health JAKARTA (JP): The first shots were given on Wednesday as the city opened its month-long tetanus and diphtheria vaccination program for its nearly a million elementary school students.Minister of Health Farid A.
Thu, 05 Nov 1998
Massive brawls a tradition in Mataram
Massive brawls a tradition in Mataram MATARAM, West Nusa Tenggara: Udayana Regional Military Commander Maj. Gen. Adam R. Damiri has blamed long-standing feuds for a recent massive brawl between residents of Petemon and Karang Genteng, Pagutan district, in which seven people were killed, six...
Thu, 05 Nov 1998
Yunus again denies role in foreign journalists' murder
Yunus again denies role in foreign journalists' murder JAKARTA (JP): Minister of Information Lt. Gen. Muhammad Yunus Yosfiah has again denied involvement in the killing of five foreign journalists in Balibo, East Timor, 23 years ago while serving there with the military.
Thu, 05 Nov 1998
Chamber Music performs tonight
Chamber Music performs tonight JAKARTA (JP): The Jakarta Chamber Music Society will perform at Gedung Kesenian Jakarta on Nov. 5 at 8 p.m.The concert, coordinated by Iswargia Sudarno, will feature leading classical musicians Yudianto Hinupurwadi, I.G. Bagus Wismakarma, Heri Sunarto, Sharon G.
Thu, 05 Nov 1998
Saudi needs more skilled RI workers
Saudi needs more skilled RI workers JAKARTA (JP): Crisis-stricken Indonesia has a golden opportunity to supply, if it can, as many as six million skilled workers to be employed in various sectors in Saudi Arabia, according to an official of a Saudi Arabian labor recruitment agency.Waleed A.
Thu, 05 Nov 1998
Insurance firms 'must pay out on riots claims'
Insurance firms 'must pay out on riots claims' JAKARTA (JP): Immediate settlement of insurance claims related to last May's rioting would improve the image of the insurance industry, an executive said here on Wednesday.
Thu, 05 Nov 1998
The Moslem Conference
The Moslem Conference Despite the organizing committee's earlier promise that the currently ongoing Indonesian Moslem Congress was intended purely as a means of strengthening bonds, we cannot avoid smelling political motives after hearing yesterday's opening speech by the chairman of the Indonesian...
Thu, 05 Nov 1998
Where to go in Surabaya:
Where to go in Surabaya:Exhibition * Photo Exhibition: Images d'Europe by Jean-Christophe Ballot, at CCCL - French Cultural Center Jl. Darmokali 10 (Phone: 031 5678639), 9 a.m. to 8:30 p.m., Nov. 9-28.Film * French Film, at CCCL - French Cultural Center, La vie est un long fleuve tranquille, 2 p.m.
Thu, 05 Nov 1998
U.S. sees 'somber' APEC
U.S. sees 'somber' APEC WASHINGTON (AFP): U.S. Trade Representative Charlene Barshefsky on Tuesday warned that an upcoming APEC summit would be a "somber" affair, citing the depth of the Asian economic malaise and Japanese resistance to tariff cuts.
Thu, 05 Nov 1998
President's religion
President's religion I am writing in response to Masli Arman's letter of Oct. 28. He wrote: "By analogy, to expect a non-Moslem to be the next President of Indonesia is as unrealistic as to expect a Moslem to be the prime minister of Hindu India...
Thu, 05 Nov 1998
Singapore to mend Malaysia fences
Singapore to mend Malaysia fences SINGAPORE (AFP): Singapore Prime Minister Goh Chok Tong will make a one-day visit to Malaysia on Thursday to meet with Prime Minister Mahathir Mohamad, it was announced here on Wednesday.
Thu, 05 Nov 1998
Public to get say on use of safety net funds
Public to get say on use of safety net funds BANJARMASIN, South Kalimantan (JP): Coordinating Minister for People's Welfare/Poverty Eradication Haryono Suyono said on Tuesday there would be more public say on the use of safety net funds.
Thu, 05 Nov 1998
Senayan to renegotiate deal with Mulia Hotel
Senayan to renegotiate deal with Mulia Hotel JAKARTA (JP): The Senayan sports complex management will first target Hotel Mulia Senayan as it seeks better deals with 10 enterprises occupying its prime real estate in Central Jakarta, its vice chairman Agung Laksono said Wednesday.