Archive: 4 February 1998
49 articles found
Wed, 04 Feb 1998
Sofjan a faithful supporter of Soeharto: Politician
Sofjan a faithful supporter of Soeharto: Politician JAKARTA (JP): Noted 1966 Generation figure Abdul Gafur said yesterday he had no doubts about Sofjan Wanandi's allegiance to President Soeharto.Gafur was commenting in response to mounting rumors that business tycoon Sofjan had fled the country...
Wed, 04 Feb 1998
Excessive forex trading margin hurting economy
Excessive forex trading margin hurting economy JAKARTA (JP): Indonesia's high foreign exchange trading margin has created tough times for Indonesian businesses, bankers and businesspeople have said."The margin here is the highest in the world," former senior Central Bank official I Nyoman Moena...
Wed, 04 Feb 1998
Stearin stocks accumulate after CPO export ban
Stearin stocks accumulate after CPO export ban JAKARTA (JP): Stearin stocks have been accumulating in the storage tanks of palm oil refining companies since a complete ban on the exports of crude palm oil (CPO) and all its derivatives began January.
Wed, 04 Feb 1998
Stove explosion kills housewife
Stove explosion kills housewife JAKARTA (JP): A mother of two died yesterday of severe wounds she endured from a stove explosion in her Bekasi residence.Muhaji, one of the victim's neighbors, said the incident happened on Jan.
Wed, 04 Feb 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: Big Brother Jake 3:10 Indonesian Children 3:35 Talk Show: Kotak Pos 4:00 Regional News 4:30 Education Quiz: Cepat Tepat 5:10 Film: Road to Avonlea 6:00 News: Lintasan Berita 6:05 My Beloved Country 6:15 Village Program 6:30 TVRI...
Wed, 04 Feb 1998
Will women's publications vanish from newsstands?
Will women's publications vanish from newsstands?By Stevie Emilia JAKARTA (JP): "It's getting thinner," a woman griped as she flipped through a favorite magazine at a newsstand on Jl. Jend. Sudirman.Right she was.
Wed, 04 Feb 1998
Religious leaders pledge to support government
Religious leaders pledge to support government JAKARTA (JP): Christian and Moslem leaders have expressed concern over the deepening economic crisis and pledged to support the government's efforts to end it.
Wed, 04 Feb 1998
Goh urges multirateral guarantee for RI L/Cs
Goh urges multirateral guarantee for RI L/Cs JAKARTA (JP): Singapore Prime Minister Goh Chok Tong proposed yesterday the establishment of a multilateral committee to guarantee letters of credit (L/Cs) issued by Indonesian banks to help Indonesia finance badly needed imports.
Wed, 04 Feb 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on Feb. 3, 1998: Buying Selling Rp Rp U.S. dollar 1 9,000.00 12,000.00Austrian shilling 1 628.00 923.00Australian dollar 1 5,703.10 7,831.50Belgian franc 1 219.50 306.40Canadian dollar 1 5,723.
Wed, 04 Feb 1998
Senior U.S. commander worried by RI crisis
Senior U.S. commander worried by RI crisis LONDON (Reuters): The U.S. military commander in the Asia- Pacific region on Monday expressed concern about the crisis in Indonesia and said his forces were doing all they could to help stabilize the country.
Wed, 04 Feb 1998
Badminton body sends shuttlers out to clubs
Badminton body sends shuttlers out to clubs JAKARTA (JP): The Badminton Association's athletic development deputy, Mangombar Ferdinand Siregar, said yesterday the association would start its program of sending national players to clubs and provincial branches next week.
Wed, 04 Feb 1998
Bosses and luxury cars greet homebound maids
Bosses and luxury cars greet homebound maids JAKARTA (JP): Dozens of luxurious cars were spotted near Pulogadung bus terminal in East Jakarta yesterday as the owners waited to pick up their relatives and, just as importantly, their servants.
Wed, 04 Feb 1998
A change of leadership
A change of leadershipFrom Forum KeadilanI am a 40-year-old Indonesian citizen. For most of my life I have had only one president. Now it seems that I'm dreaming of having a new president, with new vision.
Wed, 04 Feb 1998
Preparation for security in March
Preparation for security in March JAKARTA (JP): National Police Chief Gen. Dibyo Widodo officiated an on-the-alert ceremony at the Mobile Brigade Headquarters in Kelapa Dua, Bogor, yesterday in preparation for next month's General Session of the People's Consultative Assembly.
Wed, 04 Feb 1998
Maid forced to eat dog droppings
Maid forced to eat dog droppings SINGAPORE (AFP): A 15-year-old Indonesian maid was twice forced by her employers, including a 13-year-old boy, to eat dog droppings for not cleaning up quickly after the dog, a newspaper reported yesterday.
Wed, 04 Feb 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 3, 1998: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 700 200 1,000 AHAP Insurance 350 0 0 Alter Abadi 175 -25 378,000 Alumindo Light Metal 275 0 184,000...
Wed, 04 Feb 1998
Spotlight
SpotlightPhoto A: TPIJP/bayDOUBLE DELIGHT: Siti Hardiyanti Rukmana (third left) celebrates her 49th birthday and local TV station TPI's 17th anniversary with friends and husband Indra Rukmana (second left).
Wed, 04 Feb 1998
Foreign workers seriously injured
Foreign workers seriously injured KUALA LUMPUR (AFP): Six foreign workers suffered serious burns when a sawdust collection tank exploded at a sawmill factory about 27 kilometers northwest of here, a report said yesterday.
Wed, 04 Feb 1998
28 killed in road accidents
28 killed in road accidents SEMARANG: Twenty-eight people were killed and 30 others injured in road accidents in Central Java during the fasting month and Idul Fitri holidays.Central Java police chief Maj. Gen.
Wed, 04 Feb 1998
U.S. security strategy in SE Asia
U.S. security strategy in SE Asia The following is the first of two articles based on a paper delivered by U.S. Secretary of Defense William S. Cohen in Singapore on Jan. 15, 1998 during the officiating of the Institute for Defense and Strategic Studies.
Wed, 04 Feb 1998
Residents oppose Mt. Cyclops park
Residents oppose Mt. Cyclops park JAYAPURA, Irian Jaya (Antara): Residents of Depapre district here have rejected a government plan to turn a 48,000-hectare nature reserve on Mt. Cyclops into a national park."These people draw their water from Mt. Cycloops.
Wed, 04 Feb 1998
Police urged to keep investigating Yorris
Police urged to keep investigating Yorris JAKARTA (JP): Members of the People's Consultative Assembly (MPR) urged police yesterday to continue their investigation into Yorris Raweyai, an Assembly member, who was apprehended last week for his alleged involvement in gambling.
Wed, 04 Feb 1998
U.S. dollar exchange rate
U.S. dollar exchange rateFrom Pikiran RakyatIn his Jan. 7 draft state budget statement to the House of Representatives, President Soeharto used an estimated exchange rate of Rp 4,000 to the dollar. Later, following negotiations with Mr.
Wed, 04 Feb 1998
Sports council to start training for Asiad soon
Sports council to start training for Asiad soon JAKARTA (JP): The National Sports Council's 13th Asian Games task force decided yesterday to start training sessions for the Asiad in mid February.Task force chairman Muhammad Hindarto said the council and sports organizations had agreed to delay the...
Wed, 04 Feb 1998
Turmoil 'no laughing matter'
Turmoil 'no laughing matter' JAKARTA (JP): It ain't what jokes you say, it's how you say them.Unfortunately for the country's comedians however they are not even getting the chance to crack many gags in these financially fraught times, according to one of Indonesia's leading funnymen.
Wed, 04 Feb 1998
Rice stocks enough: Hartarto
Rice stocks enough: Hartarto JAKARTA (JP): Coordinating Minister of Production and Distribution Hartarto strongly dismissed yesterday rumors that the country would soon face rice shortages."We have enough rice stocks for this year and even for coming years.
Wed, 04 Feb 1998
6,000 lose jobs in Kebumen
6,000 lose jobs in Kebumen SEMARANG: About 2,500 bag and cap home businesses that employ 6,000 workers in Kebumen regency have gone bankrupt because of the deepening economic crisis.The chief of the Association of Kebumen Bag and Cap Entrepreneurs, Nurhamid, said the companies were unable to buy...
Wed, 04 Feb 1998
Sugar import squeeze seen to affect Asia
Sugar import squeeze seen to affect Asia LONDON (Reuters): Asia's financial crisis has slowed the growth of emerging Far Eastern sugar markets, but the full impact of an uneven import squeeze has still be felt, sugar analysts and traders said.
Wed, 04 Feb 1998
New interest rate policy will force bank innovation
New interest rate policy will force bank innovation JAKARTA (JP): Bank Indonesia's (BI) latest move to control interest rates will force commercial banks to be more innovative, analysts have said.Jusuf Arbianto Tjondrolukito, a commissioner of Bank Danamon, said yesterday the measure would force...
Wed, 04 Feb 1998
Tigaraksa to get a grand mosque
Tigaraksa to get a grand mosque JAKARTA (JP): A grand mosque with a capacity of 4,000 is to be built on a 26,757-square-meter plot of land in Tigaraksa, Tangerang at a cost of more than Rp 5.89 billion (US$589,000), an official said yesterday.
Wed, 04 Feb 1998
Air Lanka privatization
Air Lanka privatization COLOMBO (AFP): Sri Lanka yesterday announced it was entering into talks with the Dubai-based Emirates airline to sell 40 percent of its national carrier, Air Lanka, under a privatization plan.
Wed, 04 Feb 1998
IMF opposes rate cut
IMF opposes rate cut SEOUL (AFP): A senior official of the International Monetary Fund (IMF) yesterday rejected South Korea's request that it be allowed to lower interest rates, citing a still unstable foreign exchange market.
Wed, 04 Feb 1998
Teenager arrested for killing mother
Teenager arrested for killing mother JAKARTA (JP): Police arrested a 17-year-old man in Central Jakarta for allegedly stabbing his mother to death yesterday.City police spokesman Lt. Col. E. Aritonang said the suspect, identified as Hardiansyah, was believed to have killed his mother after she...
Wed, 04 Feb 1998
'Ketupat' casing business a moneymaker during Idul Fitri
'Ketupat' casing business a moneymaker during Idul FitriBy Emmy Fitri JAKARTA (JP): For most Jakartans, the Idul Fitri celebration would not be complete without feasting on some ketupat (rice wrapped in young coconut palm leaves).
Wed, 04 Feb 1998
Private sector debts and offshore deposits
Private sector debts and offshore depositsBy Joe L. Spartz JAKARTA (JP): So far, neither IMF intervention nor the economic reform package announced by the government have been able to stem or to reverse the increasingly catastrophic fall of the rupiah.
Wed, 04 Feb 1998
Share prices fail to sustain Monday's gains
Share prices fail to sustain Monday's gains JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) failed to sustain their impressive gains yesterday, losing about 3 percent due to profit takings and reports of sporadic riots.
Wed, 04 Feb 1998
Ricardo predicts significant rise in grocery prices
Ricardo predicts significant rise in grocery prices JAKARTA (JP): The prices of the nine basic commodities, such as rice and cooking oil, are likely to rise by between 10 percent and 15 percent next week, Ricardo Gelael, president of the Goro Batara Sakti wholesale company, said yesterday.
Wed, 04 Feb 1998
Forest fires may be manmade, says official
Forest fires may be manmade, says official JAKARTA (JP): Satellite images and aerial photos suggest the fresh forest fires in East Kalimantan may have been started intentionally, a government official said yesterday.
Wed, 04 Feb 1998
Children forced into prostitution
Children forced into prostitution MEDAN, North Sumatra: A notorious pimp on Tanjungbalai Karimun island, Riau, has recruited hundreds of girls aged under 17 into her prostitution den, according to local reports.
Wed, 04 Feb 1998
Habibie stresses IPTN to continue its operations
Habibie stresses IPTN to continue its operations JAKARTA (JP): State Minister of Research and Technology B.J. Habibie said yesterday that state-owned aircraft manufacturer PT IPTN was financially healthy enough to continue operating.
Wed, 04 Feb 1998
IMF-sponsored reforms need not be taken for granted
IMF-sponsored reforms need not be taken for grantedBy Makmur Keliat SURABAYA (JP): The International Monetary Fund (IMF) has been established to assist countries facing serious problems in their balance of payments and current accounts but it is a great mistake to conclude that it can do nothing...
Wed, 04 Feb 1998
Pertamina reduces fuel imports due to low demand
Pertamina reduces fuel imports due to low demand JAKARTA (JP): The state-owned oil and gas company Pertamina has reduced fuel imports in line with a drop in domestic demand during the economic crisis, company spokesman Ramli Djaafar said yesterday.
Wed, 04 Feb 1998
East Java violence blamed by hoodlums
East Java violence blamed by hoodlums JAKARTA (JP): East Java police said in Surabaya yesterday that the recent disturbances in Tuban and Pasuruan, where shops were attacked and looted, were "purely criminal acts" committed by hoodlums.Police spokesman Lt. Col. Soetrisno T.S.
Wed, 04 Feb 1998
Pertamina has 'no plan' to jack up lubricant prices
Pertamina has 'no plan' to jack up lubricant prices JAKARTA (JP): The state-owned oil and gas company Pertamina assured the public yesterday that it had no plan to increase lubricant prices and supply was plentiful here and nationwide."The public need not worry.
Wed, 04 Feb 1998
Two S'pore oil refiners deepen production cuts
Two S'pore oil refiners deepen production cuts SINGAPORE (Reuters): Two Singapore oil refiners have cut production further amid increasing price pressures in Asia, where excess supplies dominate.Industry sources said the refiners are adopting an aggressive stance in an effort to boost profit...
Wed, 04 Feb 1998
Soeharto won't name VP choice
Soeharto won't name VP choice JAKARTA (JP): President Soeharto insisted yesterday he would not announce his preferred running mate for another term in office before factions in the People's Consultative Assembly unveiled their vice presidential candidates.
Wed, 04 Feb 1998
Taking the street for 'lesehan' dining
Taking the street for 'lesehan' dining Once-fat wallets, crammed with crisp Rp 50,000 bills, a string of credit cards and receipts from previous extravagant dining experiences, have gone on an impromptu diet.
Wed, 04 Feb 1998
Exit tax hike hits ailing travel agencies
Exit tax hike hits ailing travel agencies JAKARTA (JP): A 300 percent rise in departure taxes to begin tomorrow will pose another crushing blow to the country's battered travel industry as the measure will undoubtedly cause a further plunge in the number of travelers going overseas.
Wed, 04 Feb 1998
Suspected bomb plotter arrested
Suspected bomb plotter arrested YOGYAKARTA: The local Legal Aid Institute has protested the arrest of a local resident the authorities suspect of involvement in the recent bomb-making plot in Jakarta.Institute chief Budi Hartono said the arrest by Jakarta police officers on Jan.