Archive: 23 December 1998
53 articles found
Wed, 23 Dec 1998
PTSI management to be reorganized
PTSI management to be reorganized JAKARTA (JP): State Minister for the Empowerment of State Enterprises Tanri Abeng said state-owned PT Surveyor Indonesia (PTSI) would soon hold a shareholders meeting to appoint a finance director, a position which is now held concurrently by president Toga M.
Wed, 23 Dec 1998
Accepting Soeharto once again?
Accepting Soeharto once again? The recent visit of Gus Dur (Nahdlatul Ulama chairman Abdurrahman Wahid) to (former president) Soeharto has raised many questions. It could be that such a move could help bring down the heated political temperature.
Wed, 23 Dec 1998
UN envoy Marker meets with Habibie, Alatas on East Timor
UN envoy Marker meets with Habibie, Alatas on East Timor JAKARTA (JP): Visiting UN special envoy Jamsheed Marker said Tuesday he was assured of Indonesia's "firm commitment" to negotiations which have dragged on for years regarding East Timor.He held separate meetings with President B.J.
Wed, 23 Dec 1998
Three dead in recent student brawl toll
Three dead in recent student brawl toll JAKARTA (JP): Three deaths and 41 injured were recorded in 40 student brawls in the capital over the last three months, an official of the city's Social Disturbance Control Center said on Tuesday.
Wed, 23 Dec 1998
UGM assistance for tuition fees
UGM assistance for tuition fees YOGYAKARTA: State-run Gadjah Mada University (UGM) has given partial scholarships to some 4,500 students, who have been affected by the economic crisis, to help pay their tuition fees, rector Ichlasul Amal said on Saturday.
Wed, 23 Dec 1998
TV stations modify year-end program
TV stations modify year-end program JAKARTA (JP): The fasting month of Ramadhan, Christmas and New Year, which occur concurrently at the end of this year, have forced local TV stations to modify their year-end programming.
Wed, 23 Dec 1998
Upheaval 'likely' in next election campaign
Upheaval 'likely' in next election campaign JAKARTA (JP): Observers called on political parties and the public on Tuesday to prepare for the possibility of upheavals in the general election next June, and to reduce tensions during the campaign.
Wed, 23 Dec 1998
Mining firm declared bankrupt
Mining firm declared bankrupt JAKARTA (JP): The Jakarta Commercial Court has declared mining firm PT Kutai Kertanegara Prima Coal and an individual credit card holder bankrupt for failure to honor debts.Kutai was ruled bankrupt on Monday for a debt to businessman Hasim Sutiono.
Wed, 23 Dec 1998
Battered banking sector struggles to survive after crisis
Battered banking sector struggles to survive after crisisBy Reiner S. JAKARTA (JP): Indonesia's once glamorous banking sector has been badly beaten by the 17-month old economic crisis.A total of 26 privately owned banks have been closed down since November 1997.
Wed, 23 Dec 1998
Experts differ on Gus Dur's intent in meeting Soeharto
Experts differ on Gus Dur's intent in meeting Soeharto JAKARTA (JP): Controversy surrounding Abdurrahman Wahid's latest political maneuver continued on Tuesday with scholars issuing different opinions on whether it was justified for the Muslim leader to involve former president Soeharto in a...
Wed, 23 Dec 1998
Smuggling attempts foiled at airport
Smuggling attempts foiled at airport TANGERANG (JP): Customs officers at Soekarno-Hatta International Airport have foiled attempts to smuggle in via postal services marijuana, Viagra pills, VCDs and stun weapons worth billions of rupiah to and from Jakarta.
Wed, 23 Dec 1998
Thailand to host ASEAN-EU meeting
Thailand to host ASEAN-EU meeting BANGKOK (AFP): Thailand will next month host high-level talks between ASEAN and the European Union canceled amid acrimony last year because of a row over Myanmar's participation, officials said on Tuesday.
Wed, 23 Dec 1998
Indonesian pop music beats the odds in 1998
Indonesian pop music beats the odds in 1998By Helly Minarti JAKARTA (JP): The Indonesian pop music industry, much affected by the krismon (monetary crisis), has been struggling hard to cope with the odds.
Wed, 23 Dec 1998
President points to RI women's plight
President points to RI women's plight JAKARTA (JP): President B.J. Habibie marked Women's Day on Tuesday by drawing public attention to how modernization has not spared women from violence, harassment, or abuse of their rights.
Wed, 23 Dec 1998
Transportation loans badly needed
Transportation loans badly needed JAKARTA (JP): An executive of the Organization of Land Transportation Owners (Organda) expressed concern on Monday over the slow disbursement of loans worth Rp 56.3 billion (US$7.5 million) pledged by the government to help the ailing transportation sector.
Wed, 23 Dec 1998
Indofood plans to sell Bogasari
Indofood plans to sell Bogasari JAKARTA (JP): Publicly listed food giant PT Indofood Sukses Makmur said on Wednesday that it would spin off its PT Bogasari Flour Mills and then sell it to strategic investors to increase its funds.
Wed, 23 Dec 1998
Decentralization alternatives vital
Decentralization alternatives vitalBy Santo Koesoebjono THE HAGUE, Netherlands (JP): "We are doing well during this period of economic crisis. In fact we hope that this situation will last longer," a government official in Bali said recently.
Wed, 23 Dec 1998
City gives 45 workers the ax for corruption and bribery
City gives 45 workers the ax for corruption and bribery JAKARTA (JP): Forty-five employees of the city administration have been fired since June for involvement in corruption and bribery, Deputy Governor of Administrative Affairs Abdul Kahfi said on Tuesday.
Wed, 23 Dec 1998
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Dec. 22, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,550.00 7,700.00 7,550.00 7,750.00Austrian schilling 1 600.10 670.10 - -Australian dollar 1 4,512.00 4,772.00 4,505.00 4,805.00Belgian franc 1 201.
Wed, 23 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 8:00 Music 8:30 Documentary: Tanah Airku 9:00 Music 10:00 Interval 2:00 p.m.
Wed, 23 Dec 1998
GE Capital to boost jobs
GE Capital to boost jobs BANGKOK (AFP): The Thai finance arm of General Electric said Tuesday it would hire over 300 more people in Thailand as a result of its successful bid for auctioned loans.GE Capital (Thailand) and Goldman Sachs (Asia) jointly agreed to take four tranches of loan assets...
Wed, 23 Dec 1998
PLN set to rehash contract terms with all IPPs
PLN set to rehash contract terms with all IPPs JAKARTA (JP): Cash-strapped state electricity company PT PLN said on Tuesday it would soon invite independent power producers (IPPs) to renegotiate their power purchase contracts in the dispute simmering between the two in the past year.
Wed, 23 Dec 1998
RI economy in deep water, and it's sink or swim time
RI economy in deep water, and it's sink or swim timeBy Riyadi JAKARTA (JP): The country's economy remains a near hopeless case. After one and a half years beset by an acute crisis, there is still no light at the end of the tunnel.
Wed, 23 Dec 1998
Rio Tinto, ITB cooperate
Rio Tinto, ITB cooperate JAKARTA (JP): The Anglo-Australian giant mining company Rio Tinto's foundation in Indonesia signed a memorandum of understanding (MOU) on Monday with the Bandung Institute of Technology (ITB) to promote mining studies and human resources.
Wed, 23 Dec 1998
Woman found dead on toll road
Woman found dead on toll road JAKARTA (JP): A 22-year-old woman was found dead on the Cikampek toll road in Tambun district, Bekasi, on Tuesday morning.The woman was identified as Rochmah Rokhayati T.H., an employee of an electronics manufacturer in Cibitung.
Wed, 23 Dec 1998
Apkindo estimates lower plywood exports next year
Apkindo estimates lower plywood exports next year JAKARTA (JP): Indonesia's plywood exports are likely to continue to drop next year as demand from chief buyers such as Japan and South Korea would remain low, according to the Association of Indonesian Wood Panel Producers (Apkindo).
Wed, 23 Dec 1998
Rupiah ends lower as stocks up 0.4 percent
Rupiah ends lower as stocks up 0.4 percent JAKARTA (JP): The rupiah dipped against the U.S. dollar on Tuesday, but stock prices gained ground in thin trading as the year winds down.Dealers said trading activities on the currency market slowed as money market players chose the sidelines ahead of...
Wed, 23 Dec 1998
RI medal winners awarded insurance
RI medal winners awarded insurance JAKARTA (JP): Chairman of the National Sports Council Wismoyo Arismunandar said on Tuesday that rewards in the form of life insurance policies would be given to Indonesian athletes who won medals at the just-concluded Asian Games.
Wed, 23 Dec 1998
Southeast Asian currencies slip back against greenback
Southeast Asian currencies slip back against greenback SINGAPORE (Dow Jones): Both North Asian and Southeast Asian currencies slipped back against the U.S. dollar during Asian hours on Tuesday.While the regional currency sell-off was driven partly by an abrupt slide in the yen, many traders said...
Wed, 23 Dec 1998
Irate house buyers demand developer return their money
Irate house buyers demand developer return their money JAKARTA (JP): More than 100 customers of Bumi Indah housing complex in Tangerang staged a rally at the developer's office demanding the firm return their housing installments worth billions of rupiah.
Wed, 23 Dec 1998
'Ewako'!
'Ewako'!From Media IndonesiaA process of idolizing democracy is taking place in this country. A feeling of nervousness invades us when we see the sudden emergence of the people's sovereignty that is trying to find its shape.
Wed, 23 Dec 1998
RP unemployment rate surges
RP unemployment rate surges MANILA (AFP): Unemployment in the Philippines rose to 9.6 percent in October 1998 to three million people compared to 7.9 percent in the same period last year, the National Statistics Office said here Tuesday.This marked an improvement over the 13.
Wed, 23 Dec 1998
Bank Putera needs Rp 200b
Bank Putera needs Rp 200b JAKARTA (JP): Private Bank Putera will need at least Rp 200 billion (US$26.7 million) to meet the Capital Adequacy Ratio (CAR) requirement of at least 4 percent by the end of the year.
Wed, 23 Dec 1998
Hike in regional minimum wages set
Hike in regional minimum wages set JAKARTA (JP): The government plans to increase regional minimum wages by between 10 percent and 20 percent next April.Syaufii Samsuddin, director general of industrial relations and labor standards at the manpower ministry, said on Tuesday that almost all...
Wed, 23 Dec 1998
The economic outlook
The economic outlook Though all key economic indicators have, of late, been showing a marked improvement, never, over the past 30 years, have we been as worried as now, facing a new year with so grave a sense of foreboding about our future.
Wed, 23 Dec 1998
Doctorate for mayor
Doctorate for mayor UJUNGPANDANG, South Sulawesi: American World University (AWU) has bestowed an honorary doctoral degree on Ujungpandang Mayor Malik B. Masry, Antara reported on Tuesday.Malik received the doctorate after an oration detailing his urban development strategy in Singapore on Monday,...
Wed, 23 Dec 1998
Habibie to chair security council's first meeting
Habibie to chair security council's first meeting JAKARTA (JP): President B.J. Habibie will chair the first meeting of the Council for Enforcement of Security and Law on Thursday. The refusal of two prominent organizations to join the security council will not affect the plan, a minister said on...
Wed, 23 Dec 1998
Police ignore Rp 5 fine
Police ignore Rp 5 fine MEDAN, North Sumatra: A local resident is waiting for the police to pay Rp 5 (0.0007 U.S. cent) he was awarded by the Medan District Court for illegally impounding his vehicle, his lawyer Rahmadaniel Daulay said on Monday.
Wed, 23 Dec 1998
Momentous women's congress rectifies history
Momentous women's congress rectifies historyBy Debra H. Yatim YOGYAKARTA (JP): Former minister of manpower, SK Trimurti, had to use the service lift to take her upstairs for the one-day seminar here under the theme: "Indonesian Women: Looking Toward the Future Inspired by Aspirations of the Past".
Wed, 23 Dec 1998
Local tour operators expect gloomy business in 1999
Local tour operators expect gloomy business in 1999 JAKARTA (JP): Local tour operators expect another gloomy year ahead as international travelers may consider Indonesia too dangerous to visit in the first half of 1999, an industry executive said on Tuesday.
Wed, 23 Dec 1998
RP leader vows to update military
RP leader vows to update military MANILA (AFP): Philippine President Joseph Estrada pledged on Tuesday to modernize the country's ill-equipped armed forces and protect the country's territories, including a disputed chain of South China Sea islands.
Wed, 23 Dec 1998
Habibie sued over election
Habibie sued over election PEKANBARU, Riau: A local resident has asked the Riau State Administrative Court to annul the election of Brig. Gen. Saleh Djasit as Riau Governor in October.Hasbullah Zaini, the plaintiff, named President B.J.
Wed, 23 Dec 1998
Prabowo still an Indonesian citizen: Hasyim
Prabowo still an Indonesian citizen: Hasyim JAKARTA (JP): Businessman Hashim Djojohadikusumo confirmed on Tuesday that Jordanian citizenship had been granted to his elder brother Lt. Gen. (ret) Prabowo Subianto, but said the latter would not relinquish his Indonesian citizenship.
Wed, 23 Dec 1998
Group says stamp out New Order's vestiges
Group says stamp out New Order's vestiges JAKARTA (JP): The Petisi 50 Working Group called on the nation on Tuesday to work together to root out vestiges of the New Order political system.The renowned group of longtime government critics defined it as a system which exploited the military and...
Wed, 23 Dec 1998
Ramadhan time for Jakarta
Ramadhan time for JakartaWednesdayMaghrib 6:08 p.m.ThursdayImsak 4:03 a.m.Subuh 4.13 a.m.
Wed, 23 Dec 1998
Govt suspends subsidy for low-cost housing
Govt suspends subsidy for low-cost housing JAKARTA (JP): The government has suspended subsidies for the purchase of low-cost housing until the economy emerges from the crisis, dealing another blow to embattled property developers.Director General of Finance Susiyati B.
Wed, 23 Dec 1998
Idea to establish civilian militia
Idea to establish civilian militiaFrom PelitaFrom their reactions and comments, the majority of the community members show that they are harboring suspicions about the idea of establishing a civilian militia.
Wed, 23 Dec 1998
Textile industry has better survival odds
Textile industry has better survival oddsBy Devi M. Asmarani JAKARTA (JP): Despite the extend of the economic crisis, which has hit the country since mid last year, the textile sector is one sector that has a higher chance of survival.The rupiah's nose-dive by almost 70 percent against the U.S.
Wed, 23 Dec 1998
Question to Indovision
Question to Indovision We are very upset and sad because of what happened on Dec. 14.Without any notice, we are now looking at a black screen; the children are crying and are unhappy, they cannot watch TNT or the Discovery channel.
Wed, 23 Dec 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 22, 1998: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 450 0 15,000 AHAP Insurance 400 0 0 Alter Abadi 300 0 50,000 Alumindo Light Metal 350 0 22,500 Alumindo...
Wed, 23 Dec 1998
Sari Husada enters Iran
Sari Husada enters Iran JAKARTA (JP): Publicly listed PT Sari Husada has exported 7.5 million cans of its Nini brand formula to Iran, the company announced on Tuesday.The shipment was formally shipped by the Yogyakarta-based company on Tuesday from the Tanjung Mas Semarang Seaport in Central Java.
Wed, 23 Dec 1998
IMF sees better days ahead for East Asia
IMF sees better days ahead for East Asia WASHINGTON (AFP): The International Monetary Fund (IMF) on Monday said South Korea, Thailand and Malaysia faced brighter prospects in 1999, with their economies either limiting output declines or staging modest recoveries after deep recessions this year.
Wed, 23 Dec 1998
Where to go in Bali:
Where to go in Bali:Exhibitions * Arts Exhibition: "Movement" Read " Stillness" by Pande Gede Supada, at Sika Contemporary Art Gallery, Jl. Raya Campuhan, Ubud, 9 a.m. to 9 p.m., until Dec. 31. * Arts Exhibition: by Mangu Putra at The Chedi Gallery, Desa Melinggih Kelod, Payangan Gianyar, Ubud...