Archive: 13 February 1998
55 articles found
Fri, 13 Feb 1998
Netherlands offer RI medicines, food
Netherlands offer RI medicines, food JAKARTA (JP): Visiting Dutch Foreign Minister Hans van Mierlo offered yesterday to send food and medicine to alleviate the shortages facing many Indonesians in the current economic crisis."I think you are facing an urgent problem in medicines...
Fri, 13 Feb 1998
Perspective on Asian financial crisis
Perspective on Asian financial crisis The following article is excerpted from a presentation by Deputy Prime Minister and Minister for Foreign Affairs of the Netherlands Hans van Mierlo before the Indonesian-Netherlands Association and the Forum Indonesia-Netherlands on Feb. 11, 1998 in Jakarta.
Fri, 13 Feb 1998
Nasio plans to sell shares
Nasio plans to sell shares JAKARTA (JP): Despite the current financial meltdown, PT Nasio Dutamitra Electric (NDE), a manufacturer of electric and telecommunications cable and energy-saving light bulbs, plans to launch an initial public offering (IPO) this year.
Fri, 13 Feb 1998
Rp 249.18b allotted to improve air transportation facilities
Rp 249.18b allotted to improve air transportation facilities JAKARTA (JP): The Ministry of Transportation will allocate about Rp 249.18 billion (US$34.14 million) to improve the country's air transportation facilities and services.
Fri, 13 Feb 1998
Asia must clean house before changing currency systems
Asia must clean house before changing currency systems TOKYO (AFP): Asia's ailing economies must clean house before playing around with new currency systems, analysts said yesterday, aiming their toughest barbs at Indonesia's plan for a fixed rupiah.
Fri, 13 Feb 1998
Wiranto named new Armed Forces chief
Wiranto named new Armed Forces chief JAKARTA (JP): Army Chief of Staff Gen. Wiranto was appointed the new Armed Forces commander yesterday, replacing Gen. Feisal Tanjung who has held the post for the last four years.
Fri, 13 Feb 1998
Thailand supports Ranariddh's return
Thailand supports Ranariddh's return BANGKOK (AFP): Thailand wants ousted Cambodian premier Prince Norodom Ranariddh to return home to contest polls planned for July, the prince said after a meeting with Thai premier Chuan Leekpai.
Fri, 13 Feb 1998
Habibie opts to wait and see an his VP nomination
Habibie opts to wait and see an his VP nomination JAKARTA (JP): Golkar vice presidential candidate B.J. Habibie refused yesterday to count his eggs before they hatched despite his apparent clear lead in the race for the country's second top position.
Fri, 13 Feb 1998
Classic 'Ramayana' play a morale booster in crisis
Classic 'Ramayana' play a morale booster in crisisBy Rita A. Widiadana JAKARTA (JP): Puppet masters are hoping performances of an episode from the classic Ramayana play will inspire the nation's leaders to seek the right answers to the social, political and economic turmoil besetting the nation.
Fri, 13 Feb 1998
Activists report on arbitrary arrests
Activists report on arbitrary arrests JAKARTA (JP): A group of activists have urged the National Commission on Human Rights to probe what they called the arbitrary arrest and disappearance of their colleagues.
Fri, 13 Feb 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 12, 1998: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 700 0 0 AHAP Insurance 350 0 0 Alter Abadi 575 0 0 Alumindo Light Metal 375 -25 76,500 Alumindo Perkasa 275...
Fri, 13 Feb 1998
State firms asked to sell CPO at discount prices
State firms asked to sell CPO at discount prices JAKARTA (JP): Minister of Agriculture Sjarifudin Baharsjah has ordered all state-owned oil palm plantation firms to sell crude palm oil (CPO) at discounted prices on the domestic market to help stabilize cooking oil prices.
Fri, 13 Feb 1998
Countering speculators
Countering speculators The planned measures to hit back at currency speculators have now been revealed. Finance minister Mar'ie Muhammad announced on Wednesday that the government was preparing to set up a currency board system (CBS).
Fri, 13 Feb 1998
U.S. ignores its own rights violations but slams others
U.S. ignores its own rights violations but slams othersBy Arif Havas Ugroseno JAKARTA (JP): The United States' Department of States handed down its annual verdicts on the human rights reports on Jan. 30, 1998.
Fri, 13 Feb 1998
800 job seekers demand redress
800 job seekers demand redress YOGYAKARTA: About 800 job seekers from Yogyakarta and Central Java plan to sue a labor supplier on charges of breaking an agreement to send them to Brunei.Their representatives sought legal help from the Yogyakarta chapter of the Indonesian Legal Aid Institute on...
Fri, 13 Feb 1998
ABRI defends police tapping of telephones
ABRI defends police tapping of telephones JAKARTA (JP): The Armed Forces (ABRI) headquarters defended yesterday the police plan to access cellular telephone networks to monitor dissidents and to silence calls which were political in nature.
Fri, 13 Feb 1998
Philips sees low demand
Philips sees low demand EINDHOVEN, Netherlands (Reuters): Philips Electronics NV said yesterday Asian markets would experience weakening demand in 1998."We expect that in 1998 local markets in the countries most affected by the currency crisis - Indonesia, South Korea, Thailand, Malaysia and the...
Fri, 13 Feb 1998
Serious economic crisis
Serious economic crisis What amazes me about Indonesia's present crisis is not that it has occurred, but that its magnitude and seriousness appear not to be fully appreciated. The collapse of the rupiah will inevitably lead to spiraling prices, mass unemployment and, therefore, widespread social...
Fri, 13 Feb 1998
The Listening Post
The Listening Post "Building English Skills Through Newspaper + Radio" Produced by American Language Center in cooperation with The Jakarta Post and Radio Sonora FM 100.9 Mhz. * English poetry over the Internet: a happy occurrence indeed.
Fri, 13 Feb 1998
Asian currencies shaken by doubts on RI plan
Asian currencies shaken by doubts on RI plan SINGAPORE (Reuters): Doubts about Indonesia's plans to adopt a currency board system weighed upon Asian currency markets on Thursday, putting an abrupt end to recent gains.Dealers said skepticism about the proposal was heightened by U.S.
Fri, 13 Feb 1998
City councilor calls for optimal use of idle land
City councilor calls for optimal use of idle land JAKARTA (JP): A city councilor urged the municipality yesterday to promote the farming of idle plots of land, including those owned by the private sector.
Fri, 13 Feb 1998
Shops damaged, houses torched in W. Java riot
Shops damaged, houses torched in W. Java riot BANDUNG (JP): Eight shops were damaged and five houses and seven motorcycles torched when hundreds of people ran amok yesterday in Jatiwangi, about 90 kms east of here, officials said.
Fri, 13 Feb 1998
Water bomber grounded
Water bomber grounded SAMARINDA, East Kalimantan: The water bomber sent by the Australian government to help put out forest fires in the province is unable to take part in fire fighting efforts due to technical problems.
Fri, 13 Feb 1998
Misconduct reports checked by PSSI
Misconduct reports checked by PSSI JAKARTA (JP): The All Indonesian Football Federation (PSSI) has received a report saying that several referees in the regions had transferred money to the bank account of one of the federation's officer's here.
Fri, 13 Feb 1998
Perhutani wants 14.6% increase in revenue
Perhutani wants 14.6% increase in revenue JAKARTA (JP): State-owned forestry company Perum Perhutani announced yesterday that it expected Rp 1.01 trillion (US$134.66 million) in revenues, up 14.6 percent from the Rp 881 billion the previous year.Perhutani's president H.
Fri, 13 Feb 1998
Stock prices tumble 9.29 percent
Stock prices tumble 9.29 percent JAKARTA (JP): Stock prices on the Jakarta Stock Exchange (JSX) dropped for a fourth consecutive day yesterday with the main price index tumbling 9.29 percent in sluggish trading.
Fri, 13 Feb 1998
Smog threat hovers over SE Asia again: Scientists
Smog threat hovers over SE Asia again: Scientists SINGAPORE (Reuters): Southeast Asia could soon be blanketed by another smoke haze as bush and forest fires spread again across Indonesia, scientists said yesterday.
Fri, 13 Feb 1998
132 protesters tried for joining demonstration
132 protesters tried for joining demonstration JAKARTA (JP): One hundred and thirty-two people allegedly involved in a protest over soaring prices Wednesday, were indicted during a mass trial at Jakarta Police Headquarters yesterday.
Fri, 13 Feb 1998
Singapore details Indonesian LC support
Singapore details Indonesian LC support SINGAPORE (Reuters): Singapore has pledged a maximum of US$2.5 billion to underwrite an Indonesian trade finance guarantee facility, the Straits Times said on Thursday.
Fri, 13 Feb 1998
Hotel Gran Mahakam opens
Hotel Gran Mahakam opens JAKARTA (JP): Hotel Gran Mahakam, located on Jl. Mahakam I near Blok M mall in South Jakarta, is scheduled to start operation tomorrow, its spokeswoman said in a statement yesterday.
Fri, 13 Feb 1998
INSA calls for change in lubricant trading
INSA calls for change in lubricant trading JAKARTA (JP): The Indonesian Shipowners Association (INSA) called on state oil and gas company Pertamina yesterday to change its lubricant trading system to ensure a continuous supply to association members.
Fri, 13 Feb 1998
Health centers maintain rates
Health centers maintain rates JAKARTA (JP): Community health centers (Puskesmas) in the city have announced that they will not raise their tariffs so that people, especially the poor, continue to get cheap medical treatment, a city councilor said yesterday.
Fri, 13 Feb 1998
Foreign-funded projects to be labor-intensive
Foreign-funded projects to be labor-intensive JAKARTA (JP): State Minister of National Development Planning Ginandjar Kartasasmita said yesterday that most foreign-funded projects in the 1998/199 fiscal year would be designed to help cope with the unemployment problems caused by the economic crisis.
Fri, 13 Feb 1998
Sugar and flour owners detained
Sugar and flour owners detained PURWOREJO, Central Java: Police have discovered a stockpile of 200 tons of sugar and 40 tons of wheat flour here.Purworejo police chief Lt. Col. Iman Yuwono said Wednesday authorities have questioned the owners of the goods identified as Herman Susanto and Budi...
Fri, 13 Feb 1998
Bridgestone cuts RI output
Bridgestone cuts RI output TOKYO (Reuters): Bridgestone Corp. said yesterday it had cut tire output at its Thai and Indonesian units but increased exports from those units to other Southeast Asian countries.
Fri, 13 Feb 1998
Diplomatic rearguard
Diplomatic rearguardFrom MerdekaThe efficiency driven cuts in the number of diplomats in all Indonesia's overseas missions is a justifiable action. However, during this time of reform, discussion of the criteria for appointing ambassadors has been noticeably absent.
Fri, 13 Feb 1998
Soeharto wants ABRI to get tough
Soeharto wants ABRI to get tough JAKARTA (JP): President Soeharto ordered the Armed Forces (ABRI) yesterday to take tough measures against any unconstitutional attempts by irresponsible people to damage the nation's unity.
Fri, 13 Feb 1998
SE Asia told to deal with IMF together
SE Asia told to deal with IMF together MANILA (AFP): Crisis-hit Southeast Asian economies should deal with the International Monetary Fund (IMF) collectively to ease stringent loan conditions as they battle the regional financial turmoil, the newly appointed Philippine finance chief said yesterday.
Fri, 13 Feb 1998
Gift makers profit from fairs
Gift makers profit from fairs JAKARTA (JP): Indonesian gift and craft merchants have booked US$7.67 million in transactions at recent trade fairs in the United States and the United Kingdom.The National Agency for Export Development (NAFED) said yesterday 31 Indonesian companies participated in the...
Fri, 13 Feb 1998
Water scarcity in Malaysia
Water scarcity in Malaysia KUALA LUMPUR (Agencies): Malaysia's water supply is expected to dwindle in the next few months following a prolonged dry spell due to the El Nio weather phenomena, a minister was reported as saying yesterday.
Fri, 13 Feb 1998
Asahi lowers production
Asahi lowers production TOKYO (Reuters): Asahi Glass Co. Ltd. said yesterday it had cut production of automobile glass at its Indonesian and Thai units by 50 percent from autumn last year.An Asahi Glass spokeswoman declined to give current output levels, but said the two units combined had enough...
Fri, 13 Feb 1998
SEAG consortium suffers Rp 68b budget deficit
SEAG consortium suffers Rp 68b budget deficit JAKARTA (JP): The 19th SEA Games Consortium, the fund-raising body for the biennial event held in Jakarta last year, has suffered a Rp 68.1 billion (US$9.08 million) loss.
Fri, 13 Feb 1998
Habibie or Harmoko
Habibie or Harmoko Golkar has finally played its cards in the vice presidential election game. The ruling political group has named its own chairman Harmoko and State Minister of Research and Technology B.J. Habibie as its chosen candidates for vice president in next month's election.
Fri, 13 Feb 1998
Credible fixed rate 'vital to CBS success'
Credible fixed rate 'vital to CBS success' JAKARTA (JP): The biggest questions Indonesia has to answer before adopting the currency board system (CBS) are at what fixed rate will the rupiah be pegged to the U.S.
Fri, 13 Feb 1998
ABRI always serves the nation
ABRI always serves the nation On Feb. 11, 1998, I read a The Jakarta Post article which states that the military denies accusations of orchestrating unrest. It is customary that the first act of a person or organization when accused, is to deny it.
Fri, 13 Feb 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: Tom and Jerry Kid 3:10 Children's Program: Tunas 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Students' Quiz: Cerdas Cermat 5:10 Documentary Film: Science World 5:30 Music: Paket 27 6:00 News: Lintasan Berita 6:05...
Fri, 13 Feb 1998
Cellular phone operators lose Rp 200b on bills
Cellular phone operators lose Rp 200b on bills JAKARTA (JP): Local cellular telephone operators have lost Rp 200 billion (US$26.66 million) due to unpaid customer bills, the Association of Cellular Telecommunication Indonesia (ATSI) said yesterday.
Fri, 13 Feb 1998
Trust needed to end anti-Chinese violence
Trust needed to end anti-Chinese violence Ethnic Chinese have continued to be targeted in riots in several towns in Indonesia and Juwono Sudarsono, chairman of the Agency for the Communication of Comprehension of National Unity, who is also vice governor of the military's National Resilience...
Fri, 13 Feb 1998
Monetary crisis the kiss of death for 7 nightspots
Monetary crisis the kiss of death for 7 nightspots JAKARTA (JP): At least seven nightspots in the city have closed down while dozens of others are on the brink of collapse due to sluggish business and soaring rental rates, a senior official said yesterday.
Fri, 13 Feb 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on Feb. 12, 1998: Buying Selling Rp Rp U.S. dollar 1 6,000.00 9,000.00Austrian shilling 1 432.70 712.10Australian dollar 1 3,881.30 5,976.30Belgian franc 1 152.90 234.20Canadian dollar 1 3,990.
Fri, 13 Feb 1998
Selling pressure pulls down Asian stocks
Selling pressure pulls down Asian stocks SINGAPORE (AFP): Asian stock markets were hit by selling pressure yesterday amid concerns over renewed weakness in regional currencies and Indonesia's plans to institute a pegged exchange-rate.The Indonesian stock market dipped 9.
Fri, 13 Feb 1998
Bomb hoax at BSG building
Bomb hoax at BSG building JAKARTA (JP): The latest in a series of bomb hoaxes throughout the city prompted police to evacuate hundreds of office workers from Bina Surya Group (BSG) on Jl. Abdul Muis in Central Jakarta yesterday.The chief of Central Jakarta Police identification unit, First Lt.
Fri, 13 Feb 1998
Malls cut rental rates
Malls cut rental rates JAKARTA (JP): Local retailers and mall managements agreed yesterday to set the U.S. dollar's exchange rate at between Rp 2,750 and Rp 3,500 for shop rents, Minister of Industry and Trade Tunky Ariwibowo has said.The rate will be effective indefinitely, Tunky said yesterday.
Fri, 13 Feb 1998
Bogor markets being moved out of CBD
Bogor markets being moved out of CBD BOGOR (JP): The mayoralty has started relocating some modern and traditional markets and warehouses to the city's outskirts in a bid to reduce downtown traffic congestion, an official said.
Fri, 13 Feb 1998
Poverty, price hike prompt fishermen to riot
Poverty, price hike prompt fishermen to riotBy Haryoso REMBANG, Central Java (JP): Hundreds of fishermen and unemployed people went on a rampage near here two days before the Idul Fitri holiday last month, on learning that the price of kerosene had shot up from Rp 350 (5 U.S.