Archive: 17 December 1998
57 articles found
Thu, 17 Dec 1998
Rupiah hits 8,000, stocks rise 2.8%
Rupiah hits 8,000, stocks rise 2.8% JAKARTA (JP): The rupiah slipped to hit an intraday low at 8,000 against the U.S. dollar on Wednesday in thin dealing as stock prices closed 2.8 percent firmer, currency dealers and stockbrokers said.
Thu, 17 Dec 1998
ASEAN launches recovery effort
ASEAN launches recovery effortBy Kornelius Purba & Meidyatama Suryodiningrat HANOI (JP): ASEAN leaders set out on Wednesday to cushion the social impact of the regions crisis by establishing safety-net and poverty-eradication programs along with "bold" economic measures to hasten economic recovery.
Thu, 17 Dec 1998
IMF approves release of latest tranche of aid package
IMF approves release of latest tranche of aid package WASHINGTON (Dow Jones): The International Monetary Fund (IMF) on Tuesday approved the extension of a US$957 million credit to Indonesia under the $43 billion economic rescue package it assembled in November 1997.
Thu, 17 Dec 1998
Asian Games results
Asian Games resultsKaratedoMen's Kata: 1. Ryoki Abe (Jpn) 42.9, 2. N. Seyed-Alaedin (Iri) 41.8, 3. Abdullah Kadir (Ina) 41.3Men's kumite over 75kg: 1. Jaber Alhammad (Kuw), 2. Ali Shaterzadeh (Iri), 3. S. Subramaniam (Mas), Chu Tien Lai (Tpe)Men's kumite under 75kg: 1. Ali-Reza Katiraei (Iri), 2.
Thu, 17 Dec 1998
RI shuttlers win three final berths
RI shuttlers win three final berths BANGKOK (JP): Indonesia assured itself of three final berths plus one consolation bronze in the semifinals of the 13th Asian Games badminton competition at the Thammasat University sports complex on Wednesday.
Thu, 17 Dec 1998
Asian stocks mixed as investors stay away
Asian stocks mixed as investors stay away HONG KONG (AFP): Asian stock markets Wednesday ended mixed, with investors largely sidelined ahead of the Christmas holidays and the impeachment debate to decide the political fate of U.S. President Bill Clinton.Tokyo closed 0.
Thu, 17 Dec 1998
Habibie promises release of Dita
Habibie promises release of Dita JAKARTA (JP): Minister of Manpower Fahmi Idris said Wednesday he has appealed for the release of all detained labor activists and that President B.J. Habibie has promised the release of at least one of them, Dita Indah Sari.
Thu, 17 Dec 1998
Where to go in Bali:
Where to go in Bali:Exhibitions * Arts Exhibition: by Mangu Putra at The Chedi Gallery, Desa Melinggih Kelod, Payangan Gianyar, Ubud (Phone: 0361 975963), until Jan. 4. * Painting Exhibition: No Retreat, by Barbara Anello, Ahmad Zakii Anwar, Valeriu Sepi, at the Oberoi Bali, Jl.
Thu, 17 Dec 1998
51 protesters held for staging rally without notification
51 protesters held for staging rally without notification JAKARTA (JP): Police on Wednesday arrested a group of 51 student protesters for allegedly holding a street rally without prior notification as required by the new law on freedom of expression.
Thu, 17 Dec 1998
Thailand gets $500m loans
Thailand gets $500m loans WASHINGTON (AFP): The International Monetary Fund on Tuesday announced that Thailand was now entitled to another US$500 million worth of international credits in light of its progress toward economic stability.
Thu, 17 Dec 1998
Street vendors to get designated trading sites
Street vendors to get designated trading sites JAKARTA (JP): Three of the capital's five mayors have said they will provide designated areas to accommodate a sharp increase in the number of street vendors expected during the Ramadhan fasting month, which starts on Dec. 20.
Thu, 17 Dec 1998
Just one of 300 tested athletes fails dope test
Just one of 300 tested athletes fails dope test BANGKOK (AP): Only one Asian Games athlete has tested positive for drugs among the 300 for whom tests have been completed, a games medical official said Wednesday.About 800 athletes are expected to be tested by the time competition ends on Sunday.
Thu, 17 Dec 1998
Thai crash pilot broke landing rule
Thai crash pilot broke landing rule BANGKOK (AFP): The pilot of the Thai Airways jet which crashed killing 101 people apparently flouted a vital safety rule by trying a third landing attempt in a violent storm.
Thu, 17 Dec 1998
Local toymakers facing production problem
Local toymakers facing production problem JAKARTA (JP): Local toy producers acknowledged on Wednesday their low production capacity often forced them to reject orders from overseas.Umar, who owns U.D Umar, a wooden automotive toy company, said his company received many orders from foreign buyers,...
Thu, 17 Dec 1998
Newly established party won't affect Golkar's votes: Scholar
Newly established party won't affect Golkar's votes: Scholar YOGYAKARTA (JP): Political scientist Ichlasul Amal said the Justice and Unity Party (PKP) established recently by a group of Golkar dissenters would not steal votes from the dominant political organization at next June's general election.
Thu, 17 Dec 1998
Asian currencies up and down on dollar
Asian currencies up and down on dollar SINGAPORE (AFP): Asian currencies ended mixed on Wednesday against the U.S. dollar despite a rise in the Japanese yen, dealers said.The Thai baht closed Asian trading at 36.22 to the U.S. dollar, down from 36.
Thu, 17 Dec 1998
Civilian militia may worsen social tension: Nasution
Civilian militia may worsen social tension: Nasution JAKARTA (JP): Gen. (ret) Abdul Haris Nasution, one of the country's most senior military figures, has objected to the creation of a civilian militia, saying it will worsen the existing social tension.
Thu, 17 Dec 1998
Full text of the ASEAN 'Hanoi Declaration of 1998'
Full text of the ASEAN 'Hanoi Declaration of 1998' The full text of the "Hanoi Declaration of 1998" adopted by leaders of the Association of Southeast Asian Nations (ASEAN) at the end of their summit Wednesday.
Thu, 17 Dec 1998
Violence against women explored in art
Violence against women explored in artBy Amir Sidharta JAKARTA (JP): Some of the works by 18 artists in the Taking a Stance Towards Violence Against Women, on show at the Cemara 6 Gallery, Central Jakarta, until Dec. 20, have really startled some viewers.
Thu, 17 Dec 1998
Trucks operation halted in Lampung
Trucks operation halted in Lampung BANDARLAMPUNG, Lampung: Traders have stopped the operation of about 500 trucks due to a decrease in the volume of merchandise that needs transporting to and from Panjang Port, Antara said on Wednesday.
Thu, 17 Dec 1998
Anwar's brother says was forced to frame him
Anwar's brother says was forced to frame him KUALA LUMPUR (Reuters): Lawyers for sacked Malaysian finance minister Anwar Ibrahim read at his trial on Wednesday a letter quoting his adopted brother saying he was tortured by police into lying that Anwar sodomized him.
Thu, 17 Dec 1998
Ethnic statistics negate humanity
Ethnic statistics negate humanityBy Alfonsus Sirait JAKARTA (JP): The May riots in Jakarta and the preceding disturbances in a number of towns across Indonesia such as Situbondo, Pamanukan, Rengasdengklok, and Medan have sparked tense debates on ethnicity, mostly on the Chinese ethnic group.
Thu, 17 Dec 1998
Soeharto foundations and KKN
Soeharto foundations and KKNFrom Bisnis IndonesiaBisnis Indonesia on Dec. 15 published an article on page 16 regarding the disbursement of funds by Soeharto's foundations without going through the mechanisms of a meeting of the board of directors.
Thu, 17 Dec 1998
Bill on political parties to beat Jan. 28 deadline
Bill on political parties to beat Jan. 28 deadline JAKARTA (JP): The House of Representatives (DPR) looks set to endorse the bill on political parties before the Jan. 28 deadline, despite two important issues still left to be discussed.
Thu, 17 Dec 1998
63 rural banks cease operating
63 rural banks cease operating YOGYAKARTA (JP): Sixty three secondary or rural banks, known locally as BPRs, have ceased operation, leaving Rp 300 billion (US$40 million) of third party funds in question.
Thu, 17 Dec 1998
ASEAN's new member
ASEAN's new member After days of rifts over Cambodia's admission to the Association of Southeast Asian Nations (ASEAN), the grouping's nine leaders eventually reached a compromise on Tuesday by announcing that the country was to become the association's 10th member.
Thu, 17 Dec 1998
TV today
TV todayTVRI 5:30 a.m. Religious Teachings: Hikmah Pagi 6:00 Morning News 6:30 News: Nuansa Reformasi 7:00 Children's Program: Lagu Anak Nusantara 7:30 Cartoon: Thunder Cats 8:00 Music 8:30 Family's Welfare 9:00 Music 10:00 Interval 2:00 p.m.
Thu, 17 Dec 1998
House urges tight budget for 1999/2000
House urges tight budget for 1999/2000 JAKARTA (JP): The House of Representatives (DPR) urged the government on Wednesday to draft a tight, realistic state budget for the 1999/2000 fiscal year, saying that Indonesia's economy would still be vulnerable next year.
Thu, 17 Dec 1998
Bomb hoax disrupts Pasir Putih cafe
Bomb hoax disrupts Pasir Putih cafe JAKARTA (JP): Lunchtime visitors and staff of the popular Pasir Putih cafe in Kemang, South Jakarta, were evacuated hastily after a telephoned bomb threat on Wednesday afternoon.According to operation manager A.M. Yogi Baskoro, the call was received at 1 p.m.
Thu, 17 Dec 1998
ASEAN offers 'bold' investment incentives
ASEAN offers 'bold' investment incentivesBy Meidyatama Suryadiningrat HANOI (JP): The Association of Southeast Asian Nations (ASEAN) agreed on Wednesday to introduce special incentives as a quick fix to the fall in investment to the region.
Thu, 17 Dec 1998
Violence hits Samarinda
Violence hits Samarinda JAKARTA: A riot broke out in the Samarinda capital of East Kalimantan on Wednesday, three days after over 1,000 public transportation drivers took to the streets to protest high prices of vehicle spare parts.
Thu, 17 Dec 1998
Where to go in Surabaya:
Where to go in Surabaya:Exhibition * Photo Exhibition: Satu Ekspresi, by Hari Density, at CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5678639), 9 a.m. to 8:30 p.m., until Dec. 19.Film * French Film: Farinelli, at CCCL - French Cultural Center, 2 p.m. and 7 p.m., until Dec. 18.
Thu, 17 Dec 1998
Amien states his readliness to run for the presidency
Amien states his readliness to run for the presidency BANDUNG (JP): National Mandate Party (PAN) chairman Amien Rais reiterated on Wednesday that he was ready to run for the presidency.Amien was speaking before the opening of the party's congress, at which he said would declare his nomination for...
Thu, 17 Dec 1998
Only half the picture seen in Britain, RI photo display
Only half the picture seen in Britain, RI photo displayBy K. Basrie JAKARTA (JP): Dual photo exhibitions are common. But when photographers from geographically and culturally different nations turn their lens on the other's land, the results should rank as a must-see.
Thu, 17 Dec 1998
Nissin, First Pacific take 60% stake in Indofood
Nissin, First Pacific take 60% stake in Indofood JAKARTA (JP): Publicly listed PT Indofood Sukses Makmur, the world's largest instant noodle maker, announced on Wednesday that several of its controlling shareholders plan to transfer 60 percent of their company shares to a Dutch holding company...
Thu, 17 Dec 1998
Aid for victims of violence
Aid for victims of violence NORTH ACEH, Aceh: The Indonesian Red Cross, supported by the International Committee of the Red Cross (ICRC), began on Wednesday distributing basic commodities to victims of violence in the province.
Thu, 17 Dec 1998
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Dec. 16,1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,700.00 7,900.00 7,700.00 7,950.00Austrian schilling 1 622.10 692.10 - -Australian dollar 1 4,686.90 4,946.90 4,495.00 5,045.00Belgian franc 1 208.60 233.
Thu, 17 Dec 1998
Starko provides free city info
Starko provides free city info JAKARTA (JP): PT Motorollain Corporation, operator of the Starko radio beeper service in Indonesia, introduced its latest free-of-charge service on Wednesday; transmitting brief advice on the latest situation in Greater Jakarta (Jabotabek) to its local customers.
Thu, 17 Dec 1998
Yayuk reaches first Asiad singles final
Yayuk reaches first Asiad singles finalBy Primastuti Handayani BANGKOK (JP): Indonesia's Yayuk Basuki moved a step closer to realizing her dream of a third Asian Games gold medal after posting an upset 7-6 (7-3), 6-1 win over second seed Li Fang of China in the women's singles semifinals on...
Thu, 17 Dec 1998
Establishing new councils smacks of scapegoating
Establishing new councils smacks of scapegoating President B.J. Habibie's fondness for setting up councils has often caused controversy, the latest being the Council for the Enforcement of Security and Law. Political analyst J. Soedjati Djiwandono, addresses this issue.
Thu, 17 Dec 1998
Include Soeharto in dialog: Gus Dur
Include Soeharto in dialog: Gus Dur JAKARTA (JP): Moslem leader Abdurrahman Wahid made a fresh call on Wednesday for former president Soeharto to be included in a dialog for national reconciliation."Pak Harto, as well as President B.J. Habibie and Armed Forces Commander Gen.
Thu, 17 Dec 1998
Juwono warns against too much freedom
Juwono warns against too much freedom JAKARTA (JP): Minister of Education and Culture Juwono Sudarsono said on Wednesday the country had gone too far too fast in its search for political freedom and called for some restrictions to minimize the possibility of bloodshed during the June general...
Thu, 17 Dec 1998
Parametric names distributor
Parametric names distributor JAKARTA (JP): Software producer Parametric Technology Corporation (PTC) of the United States has appointed PT Parametrik Nusanara distributor of its products in Indonesia.PTC director for Southeast Asia Ivan Lee said on Wednesday that Parametric Nusantara would also...
Thu, 17 Dec 1998
Stability needed for development: China
Stability needed for development: ChinaBy Meidyatama Suryodiningrat HANOI (JP): Chinese Vice President Hu Jintao pledged his country's commitment on Wednesday to amiably resolve any differences with members of the Association of Southeast Nations (ASEAN), asserting that only peace could foster...
Thu, 17 Dec 1998
Doubt lingers over bank recapitalization
Doubt lingers over bank recapitalization JAKARTA (JP): Experts have expressed doubt over the country's costly bank recapitalization program, because the huge amount of money required for the program might be difficult to obtain.
Thu, 17 Dec 1998
Old diamond trader murdered in her house
Old diamond trader murdered in her house JAKARTA (JP): An 80-year-old diamond trader was found dead in a pool of blood in her bedroom at her two-story Duren Tiga home in Pancoran, South Jakarta on Wednesday morning.
Thu, 17 Dec 1998
Indonesia's naked truth revealed in exhibition
Indonesia's naked truth revealed in exhibitionBy Dewi Anggraeni MELBOURNE (JP): Most Australians now know where Indonesia is, and many more learn about what is happening in the country from snippets of news on the radio, television and in the newspaper.
Thu, 17 Dec 1998
SBU executives go on trial for graft
SBU executives go on trial for graft JAKARTA (JP): Two executives of private PT Sejahtera Bank Umum (SBU) were indicted at the Central Jakarta District Court on Tuesday for their alleged role in a Rp 209 billion and US$105 million scandal in two toll-road projects here.
Thu, 17 Dec 1998
UN special envoy to spend two days in E. Timor
UN special envoy to spend two days in E. Timor JAKARTA (JP): The United Nations secretary general's envoy for East Timor, Jamsheed Marker, arrived on Tuesday for a nine-day visit, including two days in East Timor.On Wednesday, he met Armed Forces (ABRI) Intelligence Agency chief Maj. Gen.
Thu, 17 Dec 1998
Bank Mayapada announces 9.16 percent CAR after audit
Bank Mayapada announces 9.16 percent CAR after audit JAKARTA (JP): Publicly listed Bank Mayapada Internasional revealed on Wednesday that its capital adequacy ratio (CAR) was 9.16 percent, according to a financial due diligence audit conducted by international auditors.
Thu, 17 Dec 1998
Number of dropouts rise
Number of dropouts rise PURWOKERTO, Central Java: A total of 11,258 students in Banyumas regency have dropped out of school since the economic crisis hit last year, an official said on Wednesday.Sutjipto, the head of Banyumas education office, told The Jakarta Post that those who dropped out were...
Thu, 17 Dec 1998
C. Jakarta court fines former minister of mines Rp 26 billion
C. Jakarta court fines former minister of mines Rp 26 billion JAKARTA (JP): The Central Jakarta District Court ordered former minister of mines and energy I.B. Sudjana and his staff on Wednesday to pay Rp 26 billion (US$3.
Thu, 17 Dec 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 16, 1998: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 500 50 333,500 AHAP Insurance 400 0 0 Alter Abadi 300 0 224,000 Alumindo Light Metal 350 0 140,000 Alumindo...
Thu, 17 Dec 1998
Aetna, Mashill tie-up
Aetna, Mashill tie-up JAKARTA (JP): Aetna Life Indonesia, a subsidiary of Aetna International of the United States, and Bank Mashill Utama jointly launched on Tuesday the Aetna Visa Card.Aetna Life Indonesia's president John V.
Thu, 17 Dec 1998
Excerpts of Hanoi Plan of Action
Excerpts of Hanoi Plan of Action HANOI (AFP): Excerpts of the Hanoi Plan of Action approved by the nine leaders of the Association of Southeast Asian Nations (ASEAN) here Wednesday:The Second ASEAN Informal Summit, held in Kuala Lumpur on Dec.
Thu, 17 Dec 1998
Human rights violations continue in Irian Jaya
Human rights violations continue in Irian JayaBy Yohanis G. Bonay JAYAPURA, Irian Jaya (JP): The Universal Declaration of Human Rights which is now 50 years old is addressed to all nations to remind them that power is needed only as long as it guarantees the safety of man.
Thu, 17 Dec 1998
Civilian militia and motives
Civilian militia and motives Your question Why now? (Dec. 14) concerning the setting up of a civilian militia is understandable. Events during the Special Session of the People's Consultative Assembly (MPR) in November confirmed at least two things.