Archive: 26 February 1998
60 articles found
Thu, 26 Feb 1998
ASEAN finance ministers to meet here Saturday
ASEAN finance ministers to meet here Saturday JAKARTA (JP): Finance ministers of the nine member countries of the Association of Southeast Asian Nations (ASEAN) will meet here Saturday to discuss the region's prolonged financial crisis.
Thu, 26 Feb 1998
S&P's downgrades its ratings on 15 Indonesian banks
S&P's downgrades its ratings on 15 Indonesian banks JAKARTA (JP): U.S. rating agency Standard & Poor's (S&P's) has downgraded its ratings of 15 Indonesian banks due to various uncertainties, including those associated with the country's plan to introduce a currency board system.
Thu, 26 Feb 1998
Problem with monetary evangelicals
Problem with monetary evangelicalsBy Bondan Winarno JAKARTA (JP): Indonesians did not like what they saw on television. President Soeharto signing an agreement with the International Monetary Fund (IMF), as its director, Michel Camdessus, looked sternly on with crossed arms.
Thu, 26 Feb 1998
Maninjau in the minds of female artists
Maninjau in the minds of female artistsBy Stephanie Bell JAKARTA (JP): The incredible array of colors, textures and materials on display may strike visitors as they explore the small, intimate, purple space at the Kinara Kinari Gallery on Jl. Kemang Timur, South Jakarta.
Thu, 26 Feb 1998
One shot dead, three arrested in drug raid
One shot dead, three arrested in drug raid JAKARTA (JP): An alleged drug dealer was shot dead, his accomplice was wounded and two others arrested during a raid in Petamburan district, in Central Jakarta, police said yesterday.City police spokesman Lt. Col. E.
Thu, 26 Feb 1998
Tjiwi Kimia sells power plant
Tjiwi Kimia sells power plant JAKARTA (JP): Publicly listed paper manufacturer PT Tjiwi Kimia is to sell its power generating unit to affiliate Singapore Power in a move to ease its foreign debt burden.
Thu, 26 Feb 1998
Where to go in Bali:
Where to go in Bali:Music and entertainment * Bali Cliff Resort, Ungasan, Bali: - Art Market: Pasar Malam and Legong Dance, Monday. - Poolside: Seloka Band, Tuesday. - Ocean Cafe: Kecak Dance, Wednesday and Saturday.
Thu, 26 Feb 1998
Regional bourses mixed as domestic factors lead
Regional bourses mixed as domestic factors lead HONG KONG (AFP): Asia-Pacific markets went their separate ways yesterday, taking the cue from domestic factors and largely ignoring a dip on Wall Street caused by Federal Reserve chairman Alan Greenspan's warning on the U.S. economy.
Thu, 26 Feb 1998
Sepaktakraw body hopes to compete at Asiad
Sepaktakraw body hopes to compete at Asiad JAKARTA (JP): The Indonesian Sepaktakraw Association chairman, Beddu Amang, has expressed hope that sepak takraw would still feature in the 13th Asian Games (Asiad) in Bangkok in December despite rumors that the Bangkok Games Organizing Committee might...
Thu, 26 Feb 1998
Mar'ie swears in new finance officials
Mar'ie swears in new finance officials JAKARTA (JP): Minister of Finance Mar'ie Muhammad yesterday swore in several new government customs and excise directors and state-owned enterprise directorate officials.
Thu, 26 Feb 1998
Ki Hajar's offspring told to vacate house
Ki Hajar's offspring told to vacate house YOGYAKARTA (JP): The district court here ordered yesterday the offspring of Ki Hadjar Dewantara, the hero who laid the foundations of the country's education system, to vacate the house they inherited.
Thu, 26 Feb 1998
Where to go in Surabaya:
Where to go in Surabaya:Music and Entertainment * Radisson Plaza Suite Hotel, at Plaza Boulevard, Jl. Pemuda 31- 37: - Kartini's Restaurant: Chinese Food Festival, 6:30 p.m. to 10:30 p.m., Electone Player, daily. Tanira Band, Friday, Saturday. - Cafe Taman: Tanira Band, daily at 7 p.m. to 10 p.m.
Thu, 26 Feb 1998
Qantas offers new package
Qantas offers new package JAKARTA (JP): Australian carrier Qantas Airways is offering a new "Qantastic package" for Indonesians traveling to certain Australian cities, the company said yesterday.The package, starting from US$477, includes a return flight between Jakarta and Sydney, Melbourne,...
Thu, 26 Feb 1998
Mahathir's new step temporary
Mahathir's new step temporary KUALA LUMPUR (AFP): Prime Minister Mahathir Mohamad said yesterday that the move to let non-Malays buy companies owned by ethnic Malays and other indigenous groups was a temporary measure, Bernama news agency reported.
Thu, 26 Feb 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Children's Film: Kid Pix Robbie and The Rascal 3:10 Science Film: Modern Eye for Traditional 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Documentary: Hutan Alam di Kota Hujan 5:00 Arabic Lessons 5:30 Children's Drama: Sepatu...
Thu, 26 Feb 1998
Unit trust funds blossom despite Asian crisis
Unit trust funds blossom despite Asian crisisBy Josephine Ng SINGAPORE (Reuters): The unit trust industry is blossoming in Singapore despite Asia's financial crisis and negative returns from 81 percent of locally-authorized funds in 1997.
Thu, 26 Feb 1998
Political scientists baffled by intolerance of dissent
Political scientists baffled by intolerance of dissent JAKARTA (JP): Senior political scientists Miriam Budiardjo and Priyatmoko admitted yesterday they were baffled as to why the Indonesian political elite were so intolerant of disunity that any sign of dissent was immediately crushed.
Thu, 26 Feb 1998
WWF puts cost of 1997 haze for RI at $1 billion
WWF puts cost of 1997 haze for RI at $1 billion JAKARTA (JP): Last year's haze resulting from forest fires in Sumatra and Kalimantan cost Indonesia US$1 billion in lost revenue and health care expenditure, according to the World Wide Fund for Nature.
Thu, 26 Feb 1998
Emil calls on MPR to listen to people's voices
Emil calls on MPR to listen to people's voices JAKARTA (JP): Former cabinet minister Emil Salim called on the People's Consultative Assembly (MPR) faction leaders yesterday to respect public aspirations and allow members to express different opinions regarding the vice presidential election.
Thu, 26 Feb 1998
Cansor's snip at 'Titanic' divides Singapore
Cansor's snip at 'Titanic' divides SingaporeBy Jasmina Kuzmanovic SINGAPORE (AP): Elsewhere in Southeast Asia, economies are melting down, forest fires in Indonesia threaten the region, and planes crash too often for comfort.
Thu, 26 Feb 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 25, 1998: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 675 -25 5,000 AHAP Insurance 400 0 0 Alter Abadi 575 0 0 Alumindo Light Metal 300 -25 449,000 Alumindo...
Thu, 26 Feb 1998
Assembly finalizes preparations for General Session
Assembly finalizes preparations for General Session JAKARTA (JP): The People's Consultative Assembly rehearsed for its General Session yesterday as the 1,000 members checked into their hotel accommodation for the March 1 to March 11 gathering that will eat up almost Rp 45 billion ($5 million) in...
Thu, 26 Feb 1998
Bomb hoax reported at Indosat building
Bomb hoax reported at Indosat building JAKARTA (JP): Thousands of employees were evacuated from the 25-story Indosat building on Jl. Merdeka Barat, Central Jakarta, yesterday afternoon after news spread of a bomb threat.
Thu, 26 Feb 1998
Students rally to protest rising market prices
Students rally to protest rising market prices JAKARTA (JP): More than 1,500 students from two prestigious universities rallied yesterday, protesting the soaring prices of basic commodities and demanding economic and political reform.
Thu, 26 Feb 1998
Troublemakers court students
Troublemakers court students BREBES, Central Java: The authorities here have seized leaflets encouraging students to burn bookstores in protest at the soaring prices."There is a strong indication that troublemakers are trying to use students to stir chaos," said local military commander Col.
Thu, 26 Feb 1998
Top general disowns son
Top general disowns son YANGON (AP): Gen. Khin Nyunt, head of military intelligence and one of the four most powerful generals in Myanmar, has disowned one of his sons.Khin Nyunt and his wife Dr. Daw Khin Win Shwe placed an advertisement in yesterday's state-run New Light of Myanmar announcing that...
Thu, 26 Feb 1998
Safety tips for taking a taxi
Safety tips for taking a taxi With reference to a letter entitled 'Mugging in a taxi' which appeared in The Jakarta Post last Saturday, I would like to suggest some safety tips which are useful to observe when traveling by taxi, based on my experience of providing transportation services.
Thu, 26 Feb 1998
Cellular airtime rates raised
Cellular airtime rates raised JAKARTA (JP): The Ministry of Tourism, Post and Telecommunications announced yesterday a 20 percent and 12 percent increase in cellular telephone airtime charges and monthly service fees respectively.
Thu, 26 Feb 1998
RI domestic airlines on verge of collapse
RI domestic airlines on verge of collapse SINGAPORE (AFP): Indonesia's domestic airlines are on the verge of collapse amid the economic turmoil caused by the rupiah's steep depreciation, an aviation journal reported yesterday.
Thu, 26 Feb 1998
Soeharto, Bolkiah open NAM cooperation center
Soeharto, Bolkiah open NAM cooperation center JAKARTA (JP): President Soeharto and visiting Sultan of Brunei Hassanal Bolkiah jointly inaugurated yesterday the Non-Aligned Movement (NAM) Center for South-South Technical Cooperation in Kemayoran, Central Jakarta.
Thu, 26 Feb 1998
Govt pledges to help ailing export companies
Govt pledges to help ailing export companies JAKARTA (JP): The government has pledged to assist ailing export companies procure raw materials and strengthen their working capital.Minister of Industry and Trade Tunky Ariwibowo said yesterday many export companies faced bankruptcy as letters of...
Thu, 26 Feb 1998
30% of minivans, buses stop operation
30% of minivans, buses stop operation JAKARTA (JP): Owners of the city's public transportation fleets have been forced to take about 30 percent of their vehicles off the roads as they can no longer afford to buy spare parts, an executive said yesterday.
Thu, 26 Feb 1998
Small businessmen to sue tycoons for breach of promise
Small businessmen to sue tycoons for breach of promise YOGYAKARTA (JP): Almost 200 local small-scale entrepreneurs are planning to sue the Jimbaran Group of business tycoons for breach of promise. They are demanding compensation of Rp 100 billion (US$10.5 million).
Thu, 26 Feb 1998
Court drops Bintang's suit against minister
Court drops Bintang's suit against minister JAKARTA (JP): Jakarta State Administrative Court threw out yesterday a lawsuit filed by politician Sri Bintang Pamungkas against Minister of Education Wardiman Djojonegoro for dismissing him from employment last year.
Thu, 26 Feb 1998
Special team set up to supervise expats
Special team set up to supervise expats JAKARTA (JP): The city administration set up a special joint team yesterday to control and supervise the presence and activities of foreigners in Jakarta, an official said.
Thu, 26 Feb 1998
On vice presidency
On vice presidency In this global era, rigid partitions that formerly kept nations' affairs of state separate and distinct have ceased to exist and the concept of sovereignty is becoming increasingly vague and diluted.
Thu, 26 Feb 1998
Message from the Publisher
Message from the Publisher More than a month ago The Jakarta Post implemented several cost-efficiency measures -- including the reduction of the number of pages of the newspaper from 16 to 12 -- to cut financial losses caused by shrinking advertising revenue and rising newsprint prices.
Thu, 26 Feb 1998
Security approach excessive
Security approach excessiveFrom Media IndonesiaOn Feb. 23, several women belonging to a group called the Voice of Concerned Mothers (SIP) launched a peaceful demonstration to express their concern about the economic and political crisis having a negative impact on future generations.
Thu, 26 Feb 1998
RP gives $1m worth of drugs
RP gives $1m worth of drugs JAKARTA (JP): The Philippine government pledged yesterday to provide US$1 million worth of medicine to help Indonesia cope with severe drug shortages.Philippine Foreign Minister Domingo Siazon said the relief aid was a "sign of moral solidarity" for the Indonesian people...
Thu, 26 Feb 1998
Possible exodus from RI worries region
Possible exodus from RI worries region SYDNEY (Reuters): Fears are growing among Indonesia's neighbors of mass migrations as the sprawling archipelago's economic and political problems continue to mount.
Thu, 26 Feb 1998
Food prices
Food pricesFrom Media IndonesiaMost days I used to eat nasi uduk (rice cooked in coconut milk and served with condiments) for breakfast at a stall close to my office. This delicious food was very reasonably priced. The stall was popular in my office, even among the white-collar workers.
Thu, 26 Feb 1998
Man jailed for extorting money
Man jailed for extorting money BOGOR (JP): Bogor District Court has sentenced a 29-year-old man to two years in jail for extorting money from his two former fathers-in-law and grandfather-in-law.After presiding judge Maria Wijaya read the verdict Tuesday, defendant Adi Widodo pointed at one of his...
Thu, 26 Feb 1998
Repsol's RI sale deal fails
Repsol's RI sale deal fails MADRID (Reuters): Spanish energy group Repsol said that a China National Offshore Oil Corp (CNOOC) unit told Repsol that the CNOOC unit could not buy Repsol's Indonesian exploration and production assets.
Thu, 26 Feb 1998
CBS, Indonesia and the IMF
CBS, Indonesia and the IMF Almost everyday I read about the CBS. How good it is, how risky it is, how dangerous it is, and many other different comments, which make my head spin and creates more confusion.
Thu, 26 Feb 1998
Law enforcement needed to halt illegal abortions
Law enforcement needed to halt illegal abortions JAKARTA (JP): Experts and scholars called on the government yesterday to punish doctors and patients, who are involved in illegal abortion practices, to the full extent of the existing laws.
Thu, 26 Feb 1998
Circumventing reform
Circumventing reform The government has repeatedly claimed, in defense of its plan to introduce a currency board system, that the IMF-brokered rescue package signed by President Soeharto on Jan. 15, has failed to stabilize the rupiah-U.S. dollar exchange rate.
Thu, 26 Feb 1998
Food shortages worry orphanages
Food shortages worry orphanages MAUMERE, East Nusa Tenggara: Food shortages are threatening orphanages run by the Stella Maris Foundation, which provides shelter to 250 children in the Sikka regency.The foundation's chairwoman, Conds, said Tuesday her seven orphanages were increasingly worried...
Thu, 26 Feb 1998
Man tried for killing girlfriend
Man tried for killing girlfriend JAKARTA (JP): A 19-year-old man was indicted at the West Jakarta District Court yesterday accused of raping his girlfriend and then killing her by giving her barbiturate pills and an alcoholic drink.Prosecutor Siti S.
Thu, 26 Feb 1998
Asian currencies firm while baht sparkles
Asian currencies firm while baht sparkles SINGAPORE (Reuters): Asian currencies were mostly firmer yesterday as Thailand's efforts to resuscitate its economy spread cheer across the region."All the regional currencies are strengthening.
Thu, 26 Feb 1998
IMF reviews RI's reform program
IMF reviews RI's reform program WASHINGTON (Reuters): A team of experts from the International Monetary Fund is reviewing the progress on Indonesia's economic reforms before the fund makes the second disbursement of US$3 billion of the bail-out package due next month.
Thu, 26 Feb 1998
Mitsubishi to sell new model
Mitsubishi to sell new model JAKARTA (JP): Indonesia's authorized Mitsubishi automobile distributor, Kramayudha Tiga Berlian, plans to introduce a new commercial car to the domestic market by mid-1998, the company announced yesterday.
Thu, 26 Feb 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on Feb. 25, 1998: Buying Selling Rp Rp U.S. dollar 1 8,500.00 11,000.00Austrian shilling 1 589.90 884.60Australian dollar 1 5,154.80 7,230.00Belgian franc 1 208.40 290.70Canadian dollar 1 5,448.
Thu, 26 Feb 1998
Triple-tier transit system delayed for third time
Triple-tier transit system delayed for third time JAKARTA (JP): Today's groundbreaking ceremony for the nation's first triple-tier transit system has been abruptly rescheduled for late next month, the project leader announced yesterday.
Thu, 26 Feb 1998
Condoms spark controversy
Condoms spark controversy MAUMERE, East Nusa Tenggara: The Indonesian Family Planning Association has come under fire for distributing free condoms in this predominantly Catholic region.Critics have accused the association, which embarked on an anti-AIDS campaign in the Belu regency, of encouraging...
Thu, 26 Feb 1998
RP feedmillers interested in Indonesian corn
RP feedmillers interested in Indonesian corn MANILA (Reuters): Philippine feedmillers, hog and poultry farmers are interested in buying Indonesian corn if prices are offered below U.S. or Chinese corn, an industry executive said yesterday.
Thu, 26 Feb 1998
Stocks fall on profit taking and soaring interest rates
Stocks fall on profit taking and soaring interest rates JAKARTA (JP): Stock prices on the Jakarta Stock Exchange (JSX) lost footing for the second consecutive day yesterday, falling 2.3 percent due to profit taking and soaring interest rates, stockbrokers said.
Thu, 26 Feb 1998
Indonesia to seed clouds in effort to contain fires
Indonesia to seed clouds in effort to contain fires KUCHING, Malaysia (Agencies): Indonesia plans to start cloud- seeding today to try to contain forest fires said to be raging out of control in eastern Borneo, Environment Minister Sarwono Kusumaatmadja said yesterday.
Thu, 26 Feb 1998
Yeltsin to visit Indonesia
Yeltsin to visit Indonesia JAKARTA (JP): Russian President Boris Yeltsin will visit Jakarta in April, Minister of Foreign Affairs Ali Alatas confirmed yesterday."It is true and it has been planned for a long time," Alatas was quoted by Antara as saying yesterday.
Thu, 26 Feb 1998
Kasparov to visit Indonesia
Kasparov to visit Indonesia JAKARTA (JP): The Professional Chess Player Association's world champion, Garry Kasparov of Russia, has expressed hopes of visiting Indonesia this year.A release from the Indonesian Chess Association said Kasparov's agent, Owen William in Palm Beach, Florida, hoped the...
Thu, 26 Feb 1998
PPP criticizes new clove trading policy
PPP criticizes new clove trading policy JAKARTA (JP): The United Development Party (PPP) faction in the House of Representatives criticized yesterday the latest policy on domestic clove trading, which it charged would maintain the clove trade monopoly instead of abolishing it as promised.