Archive: 7 November 1998
50 articles found
Sat, 07 Nov 1998, 00:00 WIB
Rupiah boosted by news of IMF loan disbursement
Rupiah boosted by news of IMF loan disbursement JAKARTA (JP): The rupiah rose again to 8,450 against the U.S. dollar on Friday and local stock prices inched down 0.4 percent on profit taking, currency dealers and stockbrokers said. They warned, however, that sentiment on the local financial market remained bearish in the run up to the Special Session of the nation's highest legislative body, the People's Consultative Assembly (MPR), on Nov. 10 to 13.
Sat, 07 Nov 1998, 00:00 WIB
Lack of funds hurts outreach to street kids
Lack of funds hurts outreach to street kids TANGERANG (JP): Fund constraints prevent Tangerang regency from assisting the vast majority of children panhandling on local streets, a leading social services official admitted on Friday. Just 50 of the 535 street children registered with the office could undergo rehabilitation programs annually, chief of the regency's social service office Teddy Djarkasih said. The number of the children is increasing as the economic crisis persists, he added.
Sat, 07 Nov 1998, 00:00 WIB
Honoring our very own heroes with major medals
Honoring our very own heroes with major medals By Amir Sidharta JAKARTA (JP): The study of history used to be centered around great figures and great events. In 332 B.C. Alexander the Great founded the city of Alexandria near the western arm of the Nile in Egypt. Christopher Columbus discovered America in 1492. Among the most commemorable events in the history of Indonesia are Fatahillah's establishment of Jayakarta on June 22, 1527 and Sukarno's proclamation of Indonesia's independence on Aug.
Sat, 07 Nov 1998, 00:00 WIB
Five more killed in 'ninja' murder spree
Five more killed in 'ninja' murder spree JAKARTA (JP): Five more people were lynched by mobs in several districts of Central Java after residents accused them of being members of marauding gangs of "ninja" assassins who have killed more than 180 people in the neighboring province of East Java in the past few months. Two of the victims were killed in Jepara, two others were beaten to death in Bumiayu, while the last one was killed in Demak.
Sat, 07 Nov 1998, 00:00 WIB
One is worth a faction
One is worth a faction It is understandable if Amien Rais, chairman of the National Mandate Party, Megawati Soekarnoputri, chairwoman of the Indonesian Democratic Party Perjuangan, and Abdurrahman Wahid, chairman of the Nahdlatul Ulama, refuse the offer to participate in the coming Special Session of the People's Consultative Assembly (MPR).
Sat, 07 Nov 1998, 00:00 WIB
Reporters make food donation
Reporters make food donation JAKARTA (JP): Reporters covering crimes at city police headquarters gave food packages to police officers and soldiers posted to safeguard the House of Representatives building in Central Jakarta on Friday. The reporters' coordinator, Edi Hasibuan, said the donation consisted of 2,520 packs of instant noodles, 5,356 glasses of mineral water, 2,400 bottles of milk, 5,000 tablets of vitamin C and 3,000 sachets of Extra Joss food supplement.
Sat, 07 Nov 1998, 00:00 WIB
Sun Hung buys Lippo Capital
Sun Hung buys Lippo Capital HONG KONG (Bloomberg): Sun Hung Kai & Co., a Hong Kong-listed financial services company, said it agreed to pay HK$500 million (US$64.5 million) for a 49 percent stake in Lippo Capital Ltd. SHK & Co. will buy the stake from Indonesia's Riady family, which owns the remaining 51 percent of Lippo Capital, SHK & Co. said in a statement to the stock exchange. Lippo Capital owns a 49.85 percent stake in Hong Kong-listed brokerage Lippo Ltd., in which SHK & Co.
Sat, 07 Nov 1998, 00:00 WIB
Anwar 'could be target of smear campaign'
Anwar 'could be target of smear campaign' KUALA LUMPUR (Reuters): Sex allegations against sacked Malaysian finance minister Anwar Ibrahim are false and apparently part of a shadowy conspiracy to smear him, the capital's High Court was told on Friday. Outgoing Special Branch Director Mohamed Said Awang, in the witness box for the fourth day, read a report he sent to Prime Minister Mahathir Mohamad concluding the allegations were false and appeared "deliberately created".
Sat, 07 Nov 1998, 00:00 WIB
Gen. Wiranto denies reports of reshuffle in the Army
Gen. Wiranto denies reports of reshuffle in the Army JAKARTA (JP): Minister of Defense and Security/Armed Forces (ABRI) Commander Gen. Wiranto has denied reports that Army Chief Gen. Subagyo Hadisiswoyo is to be replaced in the near future.
Sat, 07 Nov 1998, 00:00 WIB
Andrean's hopes of to three finish dashed
Andrean's hopes of to three finish dashed JAKARTA (JP): A defeat by Alexander Fier of Brazil cost Indonesian junior chess player Andrean Susilodinata his chance of finishing among the top three at the World Age Group Chess Championships in Oropesa Del Mar, Spain on Thursday. Andrean resigned after 32 moves in the 10th and penultimate game developed on the Alekhine opening. Fier capitalized on Andrean's one false knight move midway into the game to win the match on better quality of pieces.
Sat, 07 Nov 1998, 00:00 WIB
No plan to send border crossers home
No plan to send border crossers home JAYAPURA, Irian Jaya: No date has yet been set for the repatriation of the 3,000 Irianese border crossers now in Papua New Guinea (PNG), an Indonesian diplomat was quoted by Antara as saying. The problem of repatriating border crossers was discussed during the recent meeting of the Joint Border Committee (JBC) in Balikpapan city, East Kalimantan province, deputy consul in Vanimo, capital of PNG's Sandaun province, Odi Yusmanadi, said here on Thursday.
Sat, 07 Nov 1998, 00:00 WIB
Senayan management draws up new land use contracts
Senayan management draws up new land use contracts JAKARTA (JP): The management of Senayan sports complex has set a Nov. 12 deadline to finish drafting new contracts which it will refer to in a series of negotiations with 14 companies now occupying its land. Vice chairman Agung Laksono said on Friday that a team of three experts are drawing up the contracts that will enable the management to extract more money from tenant companies on its land.
Sat, 07 Nov 1998, 00:00 WIB
Astra proposes debt restructuring
Astra proposes debt restructuring JAKARTA (JP): The country's largest automaker, PT Astra International, said on Friday that it had proposed a two-step program to its foreign creditors to restructure its US$2 billion of overseas debt. The company said in a statement that the first step involved a debt repurchase program. Astra president director Rini M. Soewandi said the company would seek to buy back $70 million in debt "through a Dutch auction".
Sat, 07 Nov 1998, 00:00 WIB
Housewives went end to communal discord
Housewives went end to communal discord JAKARTA (JP): At least 25 housewives from Menteng Jaya subdistrict in Central Jakarta demanded on Friday an end to recurring brawls between local residents and residents of neighboring Manggarai subdistrict in South Jakarta. They visited the National Commission on Human Rights' office to ask for help in solving the chronic problem once and for all.
Sat, 07 Nov 1998, 00:00 WIB
Habibie calls for successful MPR Special Session
Habibie calls for successful MPR Special Session JAKARTA (JP): President B.J. Habibie called on the nation Friday to help ensure the success of the Special Session of the People's Consultative Assembly (MPR), which he described as a very important milestone in Indonesia's journey through the past 53 years.
Sat, 07 Nov 1998, 00:00 WIB
Uncertain legal position keeps Winters away from Jakarta
Uncertain legal position keeps Winters away from Jakarta JAKARTA (JP): American scholar Jeffrey Winters will not come to Jakarta to attend an economic conference here later this month as long as the government refuses to give a written guarantee that he will not be banned from entering and leaving Indonesia, his lawyer said on Friday.
Sat, 07 Nov 1998, 00:00 WIB
Government drafts new regulation on private power
Government drafts new regulation on private power JAKARTA (JP): The government is drafting a regulation on the supply of private power to free state electricity company PT Perusahaan Listrik Negara (PLN) from the obligation of buying power from projects awarded to independent power producers (IPP) without competitive bidding.
Sat, 07 Nov 1998, 00:00 WIB
Riau anti-Dutch sultan honored
Riau anti-Dutch sultan honored PEKANBARU, Riau: The late monarch Sultan Syarif Qasim II of the Malay kingdom of Riau will soon be declared a national hero in recognition of his struggle against the Dutch colonial rule, Antara said. After attending the launching of an autobiography of author Suman HS here Thursday evening, Riau Governor Soeripto said a presidential decree on this will be issued in Jakarta on Monday.
Sat, 07 Nov 1998, 00:00 WIB
U.S. Navy paying visit to fabled Bali
U.S. Navy paying visit to fabled Bali DENPASAR, Bali: Two warships of the United States Navy have moored at the Benoa port here to allow 800 crew members to tour Indonesia's world-renowned tourist spot, Antara reported. The two warships are the USS Jarrett and the USS Camden, 1st Lt (Navy) Agus Suyatno, an operations staff officer at the Benoa naval base, said here Friday. The 148-meter long USS Jarrett, under the command of Capt M.S.
Sat, 07 Nov 1998, 00:00 WIB
Foreign ship caught in illegal activities
Foreign ship caught in illegal activities AMBON, Maluku: Navy patrol vessel KRI Samadikun has caught a tanker, flying the Indonesian flag, selling diesel fuel to fishing boats in the Arafura Sea in Southeast Maluku, Commander of the Marine Security Task Force of the Eastern Fleet, Vice Admiral Young Mardinal, said. "The tanker, Seoul 88, had been operating in the Aru Sea since October 6.
Sat, 07 Nov 1998, 00:00 WIB
Bank interest rates
Bank interest rates Rate ceiling for Nov.9-Nov.15* Time deposit Maximum rate Maximum rate rupiah deposit (%) U.S. dollar deposit (%) --------------------------------------------------------- 1-month 57 15 3-month 56 14 6-month 47 14 12-month 45 14 24-month 30 18 Maximum overnight rate for rupiah : 47 percent Maximum overnight rate for U.S. dollars: 13 percent * Maximum bank time deposit and overnight interest rates which are covered by government guarantee. Source: Bank Indonesia
Sat, 07 Nov 1998, 00:00 WIB
Report serves as test of govt
Report serves as test of govt By Stefanus Haryanto JAKARTA (JP): The May 1998 rioting in Jakarta,the worst unrest ever in Indonesian history, made President Habibie's government establish a joint fact-finding team which is called TGPF (Team Gabungan Pencari Fakta). The main task of the TGPF is to collect data and information concerning the cause of the rioting, the existence of provocateurs, and the damage caused.
Sat, 07 Nov 1998, 00:00 WIB
Cheap paintings on sale at bazaar
Cheap paintings on sale at bazaar JAKARTA (JP): Dozens of paintings from noted painters as well as younger artists are on sale at discounted prices in a bazaar sponsored by the Indonesian Women Painters Association between on Nov. 2 and Dec. 6. The bazaar, held at the association's office on Jl. Agus Salim in Central Jakarta, features paintings sold at up to Rp 1 million (US$125) each. "Half of the sales of the paintings will be used to buy staple food to be donated to the needy on Dec.
Sat, 07 Nov 1998, 00:00 WIB
Indonesia, the WTO and globalization
Indonesia, the WTO and globalization By Huala Adolf JAKARTA (JP): Monicagate aside, one tough issue now drawing the attention of the international community is the economic crisis now gripping most East Asian countries. The economic crisis has raised a number of issues and is leading toward a rethinking of the impact of economic globalization as promoted first by the GATT and now by the WTO (World Trade Organization).
Sat, 07 Nov 1998, 00:00 WIB
Assault of VCDs, TV and crisis kills Yogyakarta movie theaters
Assault of VCDs, TV and crisis kills Yogyakarta movie theaters By Gin Kurniawan and Sri Wahyuni YOGYAKARTA (JP): Local movie theaters are facing a critical business situation. In the past five years, the number of movie theaters here has shrunk by half -- from 16 to eight. And the surviving theaters are in trouble because they are failing to attract moviegoers. They are even forced to cancel a movie sometimes as there are only a handful people wanting to watch a movie.
Sat, 07 Nov 1998, 00:00 WIB
Robby to lead Bank Mandiri, Gani new Garuda president
Robby to lead Bank Mandiri, Gani new Garuda president JAKARTA (JP): The government installed former PT Garuda Indonesia president Robby Djohan at the helm of newly established Bank Mandiri on Friday in its effort to speed up the restructuring of the country's disordered state banks.
Sat, 07 Nov 1998, 00:00 WIB
Lack of secure trade financing still a hindrance
Lack of secure trade financing still a hindrance JAKARTA (JP): Most export-oriented companies in the country still cannot open letters of credit (L/Cs) at the appointed local banks despite the government's guarantees, a footwear industry executive has said. The Chairman of the Indonesian Footwear Association, Anton J. Supit, said on Friday the 21 appointed banks were reluctant to issue the L/Cs because they were burdened by myriad unresolved banking problems.
Sat, 07 Nov 1998, 00:00 WIB
WB urged to fight corruption in Indonesia
WB urged to fight corruption in Indonesia WASHINGTON (Dow Jones): The World Bank must tighten a host of project procedures, if it is to quell the widespread corruption in Indonesia and elsewhere that is resulting in a "significant leakage" of World Bank funds, according to an internal Bank memo.
Sat, 07 Nov 1998, 00:00 WIB
Move to better phone services
Move to better phone services JAKARTA (JP): Data inventory for telephone bills of customers in East Jakarta, which was formerly combined in one system with those in Bekasi, will be separated in a bid to improve services. La Ode M. Saleh, head of the East Jakarta office of state- owned telecommunication company PT Telkom, was quoted by Antara as saying that the decision was taken in line with the rising number of new customers in Bekasi.
Sat, 07 Nov 1998, 00:00 WIB
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Nov. 6, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,400.00 8,550.00 8,400.00 8,650.00 Austrian schilling 1 680.20 750.20 - - Australian dollar 1 5,162.20 5,422.20 5,175.00 5,525.00 Belgian franc 1 240.60 265.60 - - Brunei dollar 1 - - 5,340.00 5,665.00 Canadian dollar 1 5,327.50 5,607.50 5,300.00 5,800.00 Swiss franc 1 5,989.20 6,269.20 5,845.00 6,345.00 Deutschemark 1 4,899.80 5,159.80 4,820.00 5,220.
Sat, 07 Nov 1998, 00:00 WIB
Rp 40,000 robbery leaves two hurt
Rp 40,000 robbery leaves two hurt JAKARTA (JP): An armed gang broke into a house on Jl. SMU in Cipayung, East Jakarta, early on Friday morning and made off with Rp 40,000 (about US$5) after wounding the house owner and his daughter. The robbers assaulted the victims, identified as Jaya and his daughter Tati, with machetes after they fought back. The incident took place at around 3 a.m. Both are being treated at Pasar Rebo hospital.
Sat, 07 Nov 1998, 00:00 WIB
RI slaps antidumping duty on antibiotics from India
RI slaps antidumping duty on antibiotics from India JAKARTA (JP): Indonesia's Antidumping Committee (KADI) has followed up a complaint by a local firm by imposing temporary countervailing duties of 14 percent on imports of two commonly prescribed antibiotics from India.
Sat, 07 Nov 1998, 00:00 WIB
Gus Dur, Megawati endorse anti-discrimination drive
Gus Dur, Megawati endorse anti-discrimination drive JAKARTA (JP): Moslem leader Abdurrahman Wahid said on Friday that religion, love and nationalism were capable of dividing people if they were practiced without humanity. Speaking at the launch of an anti-discrimination movement at his residence in South Jakarta, the chairman of Indonesia's largest Moslem organization Nahdlatul Ulama (NU) said that religion must not take up an "excessive portion" of a nation's life.
Sat, 07 Nov 1998, 00:00 WIB
Daan Mogot families ask Rp 21b in compensation
Daan Mogot families ask Rp 21b in compensation JAKARTA (JP): At least 30 people visited City Hall on Friday, strongly demanding immediate compensation worth Rp 21 billion for the land occupied by the administration for Jl. Daan Mogot in West Jakarta. Representing 500 families, the group spokesman Mohamad Idris said they won the case -- which started in 1974 -- at the Supreme Court in January this year.
Sat, 07 Nov 1998, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Exhibitions * Etching Exhibition, by Rembrandt, from the collection of Boijmans Van Beuningen, Rotterdam, at Erasmus Huis, Jl. Rasuna Said, Kav S-3, Kuningan, South Jakarta (Phone: 5252321), 8 a.m. to 5 p.m., until Dec. 6. * Photo Exhibition: Kontemplasi, by Maya S Ibrahim, Sadlie Abdullah, etc, at Galeri Fotojurnalistik Antara, Jl. Antara No. 59 Pasar Baru, Central Jakarta (Phone: 3458771), daily (except Monday), 11:30 a.m. to 7:30 p.m., until Nov. 19.
Sat, 07 Nov 1998, 00:00 WIB
Hotel Mulia seeks reduced penalty
Hotel Mulia seeks reduced penalty JAKARTA (JP): The management of the five-star Hotel Mulia has asked the city administration for a 75 percent reduction in the Rp 20.5 billion penalty imposed on it for violating building height restrictions, Governor Sutiyoso has said. Speaking to reporters on Thursday, Sutiyoso disclosed that the hotel made the request in a letter which he received a day earlier. He said that the Mulia's request was "inappropriate and irrational".
Sat, 07 Nov 1998, 00:00 WIB
Officials gather for economic discussions
Officials gather for economic discussions KUALA LUMPUR (AFP): Asia-Pacific finance officials will meet here over the weekend to discuss a regional surveillance mechanism aimed at warding off potential future crises, and the burning issue of capital controls.
Sat, 07 Nov 1998, 00:00 WIB
Keeping the peace
Keeping the peace With the crucial Special Session of the People's Consultative Assembly (MPR) only three days away and, above all, with the memory of the worst riots in decades still fresh in our minds, it is only fair to say that it is natural for the authorities to be in no mood to risk ruining what they see as their "national agenda" toward democratic reform by allowing critics and opponents of the government to disrupt the session.
Sat, 07 Nov 1998, 00:00 WIB
New archery boss wants to promote family approach
New archery boss wants to promote family approach JAKARTA (JP): The newly appointed chairman of the Indonesian Archery Association, Hayono Isman, said he would promote a "family approach" to the athletes in a bid to help them improve their results. He argued that such an approach was in line with the nature of the sport which he said demanded mental endurance rather than technical skills.
Sat, 07 Nov 1998, 00:00 WIB
Regional currencies hold steady
Regional currencies hold steady SINGAPORE (Dow Jones): Southeast Asian currencies scarcely budged during Asian trading hours on Friday, and most analysts and traders expect little to change over the coming week, predicting that regional markets will remain largely static. Although a brief flurry of pre-weekend position-covering pushed the Singapore dollar marginally lower in afternoon trading, transaction volumes were derisory, according to dealers.
Sat, 07 Nov 1998, 00:00 WIB
Manila opposing kidnap dealings
Manila opposing kidnap dealings MANILA (Reuters): The superiors of kidnapped Italian priest Luciano Benedetti should stop dealing with self-appointed negotiators, a top Philippine law enforcement official said on Friday. Panfilo Lacson, head of the Presidential Anti-Organized Crime Task Force, said money given to such negotiators had not helped facilitate the safe release of Benedetti.
Sat, 07 Nov 1998, 00:00 WIB
TV today
TV today TVRI 2:00 p.m. News: Berita 14 2:35 Children's Film: Thunder Cats 3:05 Flora Program: Pesona Flora 3:30 Science Film: Invention 4:00 Regional News 4:30 Sports 5:30 TV Series: Big Brother Jake 6:00 News: Lintasan Berita 6:05 Documentary: Rona Nusantara 6:15 Sports News 6:30 TVRI News (in English) 7:00 Evening News 7:35 Saturday Night Music 8:00 News: Lintasan Berita 8:05 Saturday Night Music (contd.) 8:30 Documentary: Jendela Dunia 9:00 World News 9:35 Quiz: Siapa Dia 10:30 Late News...
Sat, 07 Nov 1998, 00:00 WIB
Kemayoran project would displace 1,700 families
Kemayoran project would displace 1,700 families JAKARTA (JP): Some 1,700 families living on the site of the planned Kemayoran township in Central Jakarta are to be moved as work on the once-adjourned multibillion rupiah project is to start soon. The head of the development division of the state-run Kemayoran Development and Control Board (DP3KK), Abdul Muis, said on Wednesday that the move would be carried out in stages and be completed by April next year.
Sat, 07 Nov 1998, 00:00 WIB
Djody sclarifies his stance on Kostrad meeting
Djody sclarifies his stance on Kostrad meeting JAKARTA (JP): Businessman Setiawan Djody on Friday stepped into the furor over a meeting he attended at the Army's Strategic Reserve Command (Kostrad) on May 14 during the height of the bloody riots in the capital. Djody said he could not confirm whether there was more than one meeting on May 14 at the site, but added that Minister of Defense and Security/Armed Forces (ABRI) Commander Gen. Wiranto knew about the meeting "in the next 24 hours".
Sat, 07 Nov 1998, 00:00 WIB
Students want Soeharto tried
Students want Soeharto tried JAKARTA (JP): Thousands of students here and in several other cities staged peaceful rallies on Friday to demand the upcoming Special Session of the People's Consultative Assembly (MPR) arrange for the prosecution of Soeharto, expel the military from politics and prepare for a fair and honest general election. Also on Friday, different groups aired their opposition to the session, saying it has failed to heed the people's demands. The session is scheduled for Nov.
Sat, 07 Nov 1998, 00:00 WIB
Govt removes 10 percent VAT on feed meal imports
Govt removes 10 percent VAT on feed meal imports JAKARTA (JP): The government has removed the 10 percent value- added tax (VAT) on imports of animal and poultry feed meal and its raw materials, the finance ministry announced on Thursday. The tax exemption facility is stipulated in Ministry of Finance Decree No. 478/KMK.04/1998, dated Nov. 5. Ministry of Finance spokesman Hadiyanto said that in order to benefit from the tax break, importers must log a request with the ministry.
Sat, 07 Nov 1998, 00:00 WIB
Martial artist dies following bout
Martial artist dies following bout JAKARTA (JP): A North Sulawesi pencaksilat martial artist died of a brain hemorrhage after sustaining a head injury in his semifinal bout at the National Student Games in Balikpapan, East Kalimantan. Spokesman for the East Kalimantan authorities Haritsah Ratman was quoted by Antara as saying on Friday that Kisman Halungi Wowontulap was rushed to hospital for surgery to remove the blood clot but to no avail. The 20-year-old athlete died on Thursday at 6:25 p.m.
Sat, 07 Nov 1998, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Nov.6, 1998: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 350 125 118,000 AHAP Insurance 400 0 0 Alter Abadi 250 -25 70,000 Alumindo Light Metal 275 25 25,000 Alumindo Perkasa 125 0 0 Aneka Kimia Raya 150 0 0 Aneka Tambang 1,575 0 22,690,000 Anwar Sierad 100 0 0 Apac Centertex Corp.
Sat, 07 Nov 1998, 00:00 WIB
Live TV shows
Live TV shows JAKARTA (JP): The following are sports competitions to be broadcast live this weekend on local TVs (all times in West Indonesia Time): Saturday: English soccer league: Aston Villa v Tottenham Hotspur SCTV at 10 p.m. Sunday: Italian soccer league: Udinese v Juventus RCTI at 8:30 p.m. English soccer league: Leeds United v Sheffield Wednesday Indosiar at 10:30 p.m.
Sat, 07 Nov 1998, 00:00 WIB
Taxis count cost of lost business from robberies
Taxis count cost of lost business from robberies JAKARTA (JP): The escalating number of taxi robberies in the capital over the past few weeks has drastically affected the income of many taxi drivers. Interviewed by The Jakarta Post on Friday, Robertus Silalahi, Lipan, Rianto Widodo, Dikun, Suharyono, Darya and a number of other drivers from various taxi companies expressed fear that the already far from perfect image of the city's taxis would be ruined if the robberies continue.