Archive: 26 February 1998
60 articles found
Thu, 26 Feb 1998, 00:00 WIB
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. The 11-story building, located on a 4,981-square-meter plot in the Kemayoran Fairground, was financed by the Sultan at the President's request in 1992. "The Brunei government provided the funding for the physical development...
Thu, 26 Feb 1998, 00:00 WIB
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. Hadi Soemarto, president of the Indonesian National Air Carriers Association (INACA), said the four airlines -- Bouraq, DAS, Mandala and Sempati -- were in "serious danger" of shutting down due to huge losses.
Thu, 26 Feb 1998, 00:00 WIB
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. Cellular phone airtime charges will increase to Rp 325 per minute from Rp 270 per minute, while monthly service fees will rise to Rp 65,000 from Rp 58,000, it announced.
Thu, 26 Feb 1998, 00:00 WIB
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. The safest way to catch a taxi is to order one by phone. Shop around to see which companies provide a better service.
Thu, 26 Feb 1998, 00:00 WIB
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 their son "Dr. Ye Naing Win was disowned by the parents for his inexcusable deed". The advertisement, signed by both parents, did not mention the reason for disowning their son.
Thu, 26 Feb 1998, 00:00 WIB
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. Amirul Isnaeni yesterday. The authorities have warned students of the invitation to burn bookstores so they will not be fooled by the instigators, Antara reported.
Thu, 26 Feb 1998, 00:00 WIB
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. Students and alumnae of the University of Indonesia and their counterparts from Gadjah Mada University in Yogyakarta, 600 kilometers to the southeast, held the rallies at their respective campuses.
Thu, 26 Feb 1998, 00:00 WIB
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. Workers in the building, owned by state-owned satellite operator Indosat, gathered outside but were told not to go home. Officers from the Bomb Squad (Gegana) were dispatched to the building at 3:30 p.m. and after a sweep it was declared bomb- free.
Thu, 26 Feb 1998, 00:00 WIB
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 taxpayers' money. Security was tightened at the parliamentary compound on Jl. Gatot Subroto, with dozens of troops and police seen patrolling at every corner of the venue of the quinquennial event.
Thu, 26 Feb 1998, 00:00 WIB
Stock Exchange
Stock Exchange Stock 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 Perkasa 250 -25 5,000 Aneka Kimia Raya 600 25 888,500 Aneka Tambang 1,575 -75 2,767,000 Anwar Sierad 200 -25 1,000 Apac Centertex Corp.
Thu, 26 Feb 1998, 00:00 WIB
Cansor's snip at 'Titanic' divides Singapore
Cansor's snip at 'Titanic' divides Singapore By 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. But in small and affluent Singapore, the latest frenzy is over censors' deletion of a nude scene from the U.S.-made, global mega-hit Titanic.
Thu, 26 Feb 1998, 00:00 WIB
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. Emil, who is mounting a challenge for the vice presidency despite having practically no chance of success given the Assembly's support for B.J.
Thu, 26 Feb 1998, 00:00 WIB
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. The organization yesterday announced results of an assessment carried out jointly with the Singapore-based Economy and Environment Program for Southeast Asia (EEPSEA).
Thu, 26 Feb 1998, 00:00 WIB
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, 00:00 WIB
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. The Indonesian Ministry of Finance spokesman, Agus Haryanto, said yesterday that Minister of Finance Mar'ie Muhammad would chair the meeting held at the Jakarta Convention Center.
Thu, 26 Feb 1998, 00:00 WIB
TV today
TV today TVRI 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 Ajaib 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country 6:15 Village Program 6:30 TVRI News 6:53 Music 7:00 Evening News 7:30 Performance: Cakrawala Budaya 8:00 News: Lintasan Berita 8:05...
Thu, 26 Feb 1998, 00:00 WIB
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. Mahathir reportedly said the move, effectively a dilution of an affirmative action program launched in 1970, was aimed at helping companies facing problems and that such activities would be in certain cases only.
Thu, 26 Feb 1998, 00:00 WIB
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, Coolangatta, Adelaide or Perth. It also includes accommodation for three nights, breakfasts, airport transfers, a choice of tours and discount shopping cards.
Thu, 26 Feb 1998, 00:00 WIB
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. * Mercure Grand Hotel, Jl. Raya Kupang Indah: Pasar Senggol with traditional music - keroncong or langgam, every Wednesday night. * Hyatt Regency Surabaya, Jl. Jend.
Thu, 26 Feb 1998, 00:00 WIB
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. The Taman Siswa foundation, which runs the Taman Siswa schools that Dewantara established in 1922, claims Dewantara donated the property located in the Taman Siswa school complex here to the foundation.
Thu, 26 Feb 1998, 00:00 WIB
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. The newly installed second-echelon officials in the Directorate General of Customs and Excise included R.B.
Thu, 26 Feb 1998, 00:00 WIB
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 omit the sport from the quadrennial event. "We all, specially the athletes, will be very disappointed if sepak takraw isn't contested at Asiad due to a lack of participants.
Thu, 26 Feb 1998, 00:00 WIB
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, 00:00 WIB
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. * Bali Hilton International, Nusa Dua: - Octopus Restaurant: The Nine Peace Band, daily, from 6:30 p.m. - Balinese Theater: Kecak Dance, Tuesday, Saturday. Ramayana Ballet, Monday. Legong Dance, Wednesday. Jegog Dance, Thursday.
Thu, 26 Feb 1998, 00:00 WIB
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. The unit is to be sold for between US$182 million and US$192 million, Gunawan Taslim, a Tjiwi director, told reporters following a company shareholders' meeting yesterday.
Thu, 26 Feb 1998, 00:00 WIB
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. Aritonang said Evi Shahrir, 28, was shot in the left thigh and died from severe bleeding.
Thu, 26 Feb 1998, 00:00 WIB
Maninjau in the minds of female artists
Maninjau in the minds of female artists By 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. Visions From Maninjau, open until Saturday, is the end of a journey of six women from Australasia and Singapore who traveled to the remote West Sumatran community of Maninjau to capture what they saw, felt and experienced.
Thu, 26 Feb 1998, 00:00 WIB
Problem with monetary evangelicals
Problem with monetary evangelicals By 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. Former Jakarta governor turned dissident, Ali Sadikin, said "Soeharto is bad all right, but he is my president.
Thu, 26 Feb 1998, 00:00 WIB
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, 00:00 WIB
Unit trust funds blossom despite Asian crisis
Unit trust funds blossom despite Asian crisis By 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. Last year, out of 69 Singapore-registered unit trusts, only 13 managed to grow in value, according to British fund monitor Standard & Poor's (S&P's) Micropal.
Thu, 26 Feb 1998, 00:00 WIB
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. The secretary of the Moslem-based faction, Bachtiar Chamsyah, told a media conference that the government's call on farmers to sell cloves to cooperatives recently would only keep them out of the market.
Thu, 26 Feb 1998, 00:00 WIB
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 association could arrange a series of simultaneous matches between Kasparov and some top local players during his visit.
Thu, 26 Feb 1998, 00:00 WIB
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. Yeltsin's press secretary, Sergei Yastrzhembbsky, recently told Itar-Tass news agency that Yeltsin would visit Indonesia from April 14 to April 17 after concluding a visit to Japan on April 13.
Thu, 26 Feb 1998, 00:00 WIB
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, 00:00 WIB
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. Local brokerage houses, which made large buying orders on second and third line stocks last week, took profits yesterday in the absence of foreign investors, they said.
Thu, 26 Feb 1998, 00:00 WIB
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. "We received informal offers of Indonesian corn a month ago but we said we are waiting for the government's approval of our petition to import duty-free 300,000 tons of yellow corn this year," said the executive of a local feedmill.
Thu, 26 Feb 1998, 00:00 WIB
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 prostitution. The debate started last week when the association's activists distributed free condoms at a meeting with rural women.
Thu, 26 Feb 1998, 00:00 WIB
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. Bambang Soeroso, who is also vice president of PT Citra Moda Margakencana, the developer of the Rp 6.2 trillion project, said the delay was mainly due to next week's General Session of the People's Consultative Assembly (MPR). "It is just a matter of time.
Thu, 26 Feb 1998, 00:00 WIB
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.
Thu, 26 Feb 1998, 00:00 WIB
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. The new car, called Mitsubishi Kuda, will be available in a GLX, GLS and Super Exceed version, all of which will use premium fuel, the company said.
Thu, 26 Feb 1998, 00:00 WIB
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. An IMF spokesman said Tuesday the team would report back to the IMF management and the executive board. He did not know how long the review would last or who would lead the IMF team.
Thu, 26 Feb 1998, 00:00 WIB
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. A lot more funds are coming into the region and the baht is taking the lead," a regional currencies dealer in Singapore said.
Thu, 26 Feb 1998, 00:00 WIB
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, 00:00 WIB
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 about the availability of rice, milk and sugar. Those essential commodities that were available, she said, had gone up in price by up to 400 percent since the economic crisis began last July.
Thu, 26 Feb 1998, 00:00 WIB
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 credit issued by Indonesian banks were often rejected by foreign banks. The minister, however, declined to elaborate on the planned aid package. He only promised that it would be announced soon.
Thu, 26 Feb 1998, 00:00 WIB
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. Senior gynecologists Enud Jaya Suryana and Yusnizaf from Cipto Mangunkusumo General Hospital, and forensic expert Agus Purwadianto -- all from the University of Indonesia -- said legal enforcement would serve as a warning to others, particularly doctors.
Thu, 26 Feb 1998, 00:00 WIB
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. For me, it is really strange how an American professor from John Hopkins University suddenly appears in Indonesia's financial community and, in no time, rises to prominence by introducing a currency board system (CBS).
Thu, 26 Feb 1998, 00:00 WIB
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. The unit, Offshore Oil and Gas Corp Ltd, told Repsol the Chinese government had not authorized the purchase which had been announced in January, Repsol said in a statement.
Thu, 26 Feb 1998, 00:00 WIB
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 former fathers-in-law, Soleh -- who was sitting in the public gallery -- and said: "Two years is not too long.
Thu, 26 Feb 1998, 00:00 WIB
Food prices
Food prices From Media Indonesia Most 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. Nasi uduk holds a special place in people's hearts as a typical Betawi delicacy. On Feb. 18 the owner of the stall charged me Rp 1,800 instead of the usual Rp 1,300.
Thu, 26 Feb 1998, 00:00 WIB
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. Malaysian coastal patrols have been stepped up in anticipation of illegal immigrants trying to flee Indonesia's turmoil. In Australia, private migration agents have reported a 60 percent increase in inquiries from Indonesia, mainly from Chinese businessmen, seeking residency in Australia.
Thu, 26 Feb 1998, 00:00 WIB
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 bearing the brunt of the economic crisis, adding that Jakarta had helped his nation in the past.
Thu, 26 Feb 1998, 00:00 WIB
Security approach excessive
Security approach excessive From Media Indonesia On 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. The protesters consisted of intellectuals, professionals, employees and housewives.
Thu, 26 Feb 1998, 00:00 WIB
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. We had hoped that the economic situation would improve to avoid having to increase our subscription rate. Unfortunately the economic uncertainty persists and production costs keep rising.
Thu, 26 Feb 1998, 00:00 WIB
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. Weakening of state power can even be seen in what the Indonesian political elite refer to as "the existing mechanism". Usually guaranteed to render certainty to an equivocal political situation, the existing mechanism is now itself lacking certitude.
Thu, 26 Feb 1998, 00:00 WIB
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. The team leader, Iman Santoso, from the city immigration office, said the Foreigners Control Coordination (Sipora) team, which integrates 14 institutions involved in the control and supervision of expatriates, would create a central information network.
Thu, 26 Feb 1998, 00:00 WIB
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. Presiding judge Is Daryono said the minister's decision to dismiss Bintang from his lectureship in the University of Indonesia's faculty of engineering in August last year was legal.
Thu, 26 Feb 1998, 00:00 WIB
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). Organized by the Yogyakarta Legal Aid Institute, the entrepreneurs accused the major businesses of failing to keep their promise on June 17, 1997, to provide them with capital.
Thu, 26 Feb 1998, 00:00 WIB
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. Priyatmedi, from the local Organization of Land Transportation Owners (Organda), said the small public transportation companies were worst hit by the soaring prices of spare parts.
Thu, 26 Feb 1998, 00:00 WIB
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. But has the government executed the reforms to which it is now committed in a firm and consistent manner? The answer, after scrutinizing the 50 points of reform contained in the IMF agreement, is a resounding no.