Archive: 6 February 1998
58 articles found
Fri, 06 Feb 1998
Rupiah weakens slightly as stocks decline
Rupiah weakens slightly as stocks decline JAKARTA (JP): The rupiah weakened again yesterday on fears that recent riots in towns in Java and Sulawesi would spread to other major towns in the country.The rupiah, which burst upward to below 9,000 against the U.S.
Fri, 06 Feb 1998
Radar malfunction delays Garuda flights
Radar malfunction delays Garuda flights JAKARTA (JP): The radar system at Soekarno-Hatta International airport malfunctioned again for an hour yesterday causing some delays of domestic and international flights, an airline source said.
Fri, 06 Feb 1998
Police arrest teenager for robbing and killing grandpa
Police arrest teenager for robbing and killing grandpa JAKARTA (JP): A 16-year-old boy has been arrested for allegedly robbing and killing his 82-year-old grandfather, a police officer said yesterday.East Jakarta Police Precinct chief Lt. Col.
Fri, 06 Feb 1998
Soeharto holds talks with Bolkiah and Anwar
Soeharto holds talks with Bolkiah and AnwarJP/oby, JP/alx JAKARTA (JP): President Soeharto held separate talks with Sultan of Brunei Hassanal Bolkiah and Malaysia's Deputy Prime Minister Anwar Ibrahim at his residence on Jl. Cendana here yesterday.Officials refused to give details of either meeting.
Fri, 06 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 Dance 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Student's Quiz: Cerdas Cermat 5:10 Documentary Film: Science World 5:30 Music: Paket 27 6:00 News: Lintasan Berita 6:05 Nusantara, The...
Fri, 06 Feb 1998
Bogus group dupes 'MTV' fans
Bogus group dupes 'MTV' fans JAKARTA (JP): Unsuspecting MTV fans have been swindled out of hundreds of thousands of rupiah in a scam run by a group claiming affiliation with the music television station, MTV Asia marketing manager Daniel Tumewu said yesterday.
Fri, 06 Feb 1998
People's demands
People's demandsFrom MerdekaGoing back in history, 32 years ago the Indonesian Communist Party (PKI) was blamed for setting off a chain of events, which ultimately was to bring the Indonesian nation to its knees. Then, the New Order emerged.
Fri, 06 Feb 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb.5, 1998: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 650 -50 1,500 AHAP Insurance 350 0 0 Alter Abadi 450 175 862,000 Alumindo Light Metal 350 50 2,784,000...
Fri, 06 Feb 1998
WB president arrives in Manila
WB president arrives in Manila MANILA (AFP): World Bank president James Wolfensohn arrived here yesterday for a visit as part of a tour of countries hit hard by the Asian financial crisis.Wolfensohn is scheduled to meet with Philippine President Fidel Ramos later Thursday at the presidential palace.
Fri, 06 Feb 1998
Producers vow to delay price rises
Producers vow to delay price rises JAKARTA (JP): Major producers, distributors and retailers have again pledged to freeze their prices of some basic food essentials until the end of March.Minister of Industry and Trade Tunky Ariwibowo said yesterday that State Logistics Agency chief Beddu Amang and...
Fri, 06 Feb 1998
TV awards panel honors Asian programs with pizzazz
TV awards panel honors Asian programs with pizzazzBy Yogita Tahil Ramani JAKARTA (JP): Informative TV stories are almost always surefire ratings winners.But programs inevitably do even better with audiences when packaged in original, entertaining concepts.
Fri, 06 Feb 1998
Gus Dur recovering, may be discharged from hospital soon
Gus Dur recovering, may be discharged from hospital soon JAKARTA (JP): Nahdlatul Ulama (NU) leader Abdurrahman Wahid, who has spent more than two weeks in hospital recovering from a stroke, may be discharged soon.
Fri, 06 Feb 1998
Social security fund should be repaid to the workers: Expert
Social security fund should be repaid to the workers: Expert YOGYAKARTA (JP): The Rp 6 trillion (about US$600 million) state social security fund should be repaid to the workers who contributed to it to help alleviate their hardship in this time of crisis, an expert has proposed.
Fri, 06 Feb 1998
USDA seeks options for Asia
USDA seeks options for Asia WASHINGTON (Reuters): Agriculture Undersecretary Gus Schumacher said Wednesday the Agriculture Department was exploring "several options" to maintain U.S. farm exports to South Korea and Southeast Asia.
Fri, 06 Feb 1998
Rebel sympathizers jailed in Aceh
Rebel sympathizers jailed in Aceh BANDA ACEH, Aceh: Three sympathizers of the Aceh separatist movement were sentenced to between three and four years in jail by the district court here yesterday.The court found Rusli, 22, M. Yusuf, 31, and T.
Fri, 06 Feb 1998
Mar'ie's extended break sparks uproar at House
Mar'ie's extended break sparks uproar at House JAKARTA (JP): Minister of Finance Mar'ie Muhammad's "too long" a time-out without permission during a hearing session yesterday sparked a bitter protest from legislators.
Fri, 06 Feb 1998
Forest fires threaten research center
Forest fires threaten research center BALIKPAPAN, East Kalimantan (JP): The spreading forest fires in the Kutai National Park near here are threatening a rare species research center, an official said yesterday.
Fri, 06 Feb 1998
Departure tax hike
Departure tax hikeFrom Bisnis IndonesiaI wonder what provides the rationale for a fourfold increase in the departure tax. During this protracted economic crisis, people have looked to the government to create incentives for recovery.
Fri, 06 Feb 1998
U.S. cotton exports to RI not at risk after Aussie pact
U.S. cotton exports to RI not at risk after Aussie pact WASHINGTON (Reuters): U.S. cotton exports to Indonesia will not waiver even though Australia is providing trade assistance for its own exports to the Asian country, industry officials said Wednesday.If anything, such a move may help U.S.
Fri, 06 Feb 1998
Wolfensohn is no Pronk
Wolfensohn is no Pronk World Bank president James Wolfensohn held a special meeting yesterday (Wednesday) with a number of prominent opposition figures. The enthusiasm for the meeting, on the part of the Indonesians, was considerable.
Fri, 06 Feb 1998
Indonesia delays rice shipments from Thailand
Indonesia delays rice shipments from Thailand BANGKOK (Reuters): Indonesia has delayed taking delivery of shipments of around 100,000 tons of Thai rice due to problems with its letters of credit following its announcement of a temporary freeze on corporate debt repayments, traders said yesterday.
Fri, 06 Feb 1998
Hassle-free motoring a treat for Jakartans
Hassle-free motoring a treat for Jakartans JAKARTA (JP): Most major thoroughfares in the city remain deserted and many businesses have not resumed activities although yesterday marked the sixth day after Idul Fitri.
Fri, 06 Feb 1998
Friends confident Sofjan will return for probe
Friends confident Sofjan will return for probe JAKARTA (JP): Firdaus Wadjdi, the chairman of the Indonesian National Shipowners Association, said yesterday he believed that businessman Sofjan Wanandi would return from abroad on time to answer any police summons.
Fri, 06 Feb 1998
Palm oil little changed at Euro veg oil opening
Palm oil little changed at Euro veg oil opening LONDON (Reuters): Opening palm oil offers were little changed in Europe yesterday morning despite the limit-down close in Malaysia.The Malaysian palm oil futures market closed the extended, 100 ringgit, limit-down mainly on currency factors.
Fri, 06 Feb 1998
Indonesian baby caught in NZ legal wrangle
Indonesian baby caught in NZ legal wrangle AUCKLAND, New Zealand (AP): A nameless infant without a country is caught in a legal limbo, the outcome of a baby smuggling case that has seen one American woman jailed and two other people still to stand trial.
Fri, 06 Feb 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibition * Painting Exhibition: Journey by Parvathi Nayar Nayaran at The New Age Bar, Jl. Wahid Hasyim 112, Central Jakarta, 6:30 p.m. to 1:30 a.m., until March 23.Film* Japanese Film, at Pusat Kebudayaan Jepang - The Japan Cultural Foundation, Summitmas I, 2nd-3rd fl., Jl.
Fri, 06 Feb 1998
Police given right to investigate graft cases
Police given right to investigate graft cases JAKARTA (JP): A joint informal forum of law enforcement agencies agreed yesterday to allow the police to investigate corruption cases, a task which has been "monopolized" by the Attorney General's Office for the past 27 years.
Fri, 06 Feb 1998
Liquidated bank's offices sealed in surprise move
Liquidated bank's offices sealed in surprise move JAKARTA (JP): The remaining employees of the now-defunct Bank Harapan Sentosa (BHS) found their West Jakarta offices sealed with a notice barring their entrance yesterday.The front doors of the BHS headquarters on Jl.
Fri, 06 Feb 1998
'Spend, God will send': Idul Fitri gives new hope
'Spend, God will send': Idul Fitri gives new hopeBy Kafil Yamin BANDUNG (JP): The pomp and excitement of Idul Fitri is nearly over and hardship looms. Pocketbooks are empty, and it is hard to see a guaranteed income in the bleak future.
Fri, 06 Feb 1998
Pertamina asked to stabilize fuel prices in all major cities
Pertamina asked to stabilize fuel prices in all major cities JAKARTA (JP): Minister of Mines and Energy I.B. Sudjana has ordered state oil and gas company Pertamina to stabilize the fuel and lubricant market in all major Indonesian cities following reports of supply shortages and price increases.
Fri, 06 Feb 1998
Stockbrokerages to move from JSX building
Stockbrokerages to move from JSX building JAKARTA (JP): A number of stockbrokerages plan to move from the Jakarta Stock Exchange (JSX) building to cheaper offices to escape soaring rental costs.Executives of the securities houses said yesterday the rental fees, set in U.S.
Fri, 06 Feb 1998
Social safety net
Social safety net World Bank president James Wolfensohn was not exaggerating when he told analysts and leaders of non-governmental organizations here on Wednesday that the economic crisis now facing Indonesia has reached the point of life or death.
Fri, 06 Feb 1998
PDAM Jaya becomes private company
PDAM Jaya becomes private company JAKARTA (JP): Governor Sutiyoso is scheduled to sign an agreement today to privatize city-owned drinking water company PDAM Jaya, an official said yesterday."Actually, the privatization was effective as of Feb. 1.
Fri, 06 Feb 1998
Thai white sugar active on RI offtake
Thai white sugar active on RI offtake BANGKOK (Reuters): The Thai white sugar market was active amid offtake from Indonesia and confusion over domestic and export quotas, traders said.The white sugar premiums for March/May delivery edged up to $21.00-25.
Fri, 06 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 * It's not always possible to find an equivalent term when you hunt for one in English.
Fri, 06 Feb 1998
Sun Life ups insurance stake
Sun Life ups insurance stake JAKARTA (JP): Insurance company PT Asuransi Modern Sun Life announced yesterday that one of its shareholders the Sun Life Assurance Company of Canada had agreed to raise its stake in the firm from 60 percent to 80 percent.
Fri, 06 Feb 1998
1997/1998 state budget revised
1997/1998 state budget revised JAKARTA (JP): The government has revised the 1997/1998 budget to Rp 132 trillion from its earlier projection of Rp 101 trillion due to the rupiah's steep depreciation against the U.S. dollar.
Fri, 06 Feb 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on Feb.5, 1998 Buying Selling Rp Rp U.S. dollar 1 8,500.00 11,500.00Austrian shilling 1 581.40 875.90Australian dollar 1 5,186.70 7,305.90Belgian franc 1 203.30 290.70Canadian dollar 1 5,279.
Fri, 06 Feb 1998
Traffic accident kills 15 people
Traffic accident kills 15 people MEDAN, North Sumatra: Fifteen people died and almost two dozen were injured Wednesday when a truck crowded with passengers fell into a ravine in Pasir Mandoge village in the Asahan regency.North Sumatra police spokesman Lt. Col.
Fri, 06 Feb 1998
Who speaks for U.S. on Asia policy?
Who speaks for U.S. on Asia policy?By Edward Neilan State, Treasury, Defense take turns but lack of single voice heard from Washington during financial crisis sows confusion. TOKYO (JP): The United States' failure to speak with a single authoritative voice to articulate its policy in Asia at a time...
Fri, 06 Feb 1998
Police to deploy 16,500 officers to secure MPR
Police to deploy 16,500 officers to secure MPR JAKARTA (JP): At least 16,500 police will be deployed to secure next month's general session of the People's Consultative Assembly (MPR), city police chief Maj. Gen. Hamami Nata said yesterday.
Fri, 06 Feb 1998
Security guard killed in Bekasi
Security guard killed in Bekasi JAKARTA (JP): An on-duty security guard was bashed to death and his attackers ransacked the office of cellophane tape company PT Megavita in Tambun, Bekasi early yesterday morning.The victim, Sutarjo, 30, a resident of Jl.
Fri, 06 Feb 1998
Musical magic
Musical magicFrom Forum KeadilanI am sure all Indonesians can sing by heart our national anthem, Indonesia Raya. But I am not so confident they are aware of its philosophical meaning.A line from the anthem is: Bangunlah jiwanya, bangunlah badannya, untuk Indonesia Raya (develop their minds, develop...
Fri, 06 Feb 1998
'WB should manage by example in Indonesia'
'WB should manage by example in Indonesia' The following is a statement made by 17 prominent NGO leaders, government critics and public figures present in a meeting with World Bank president James D. Wolfensohn in Jakarta Wednesday. JAKARTA: World Bank President James D.
Fri, 06 Feb 1998
Another lube oil hoarder arrested
Another lube oil hoarder arrested MAGELANG, Central Java: Police here arrested yesterday one more person suspected of hoarding lubricant oil.Local police chief Lt. Col. Harry Haryanto said the suspect was Tjong Yan, a well-known clove and tobacco businessman.
Fri, 06 Feb 1998
High price to pay
High price to payFrom NeracaLast December, I was assigned to conduct a week-long survey in Lombok, West Nusa Tenggara, in my capacity as a government employee. I was accompanying a consultant from a private company.
Fri, 06 Feb 1998
Revised budget tolerable: House member
Revised budget tolerable: House member JAKARTA (JP): Members of the House of Representatives yesterday expressed understanding over the government's decision to revise the 1998/1999 draft state budget.But the Indonesian Democratic Party (PDI) faction warned of the adverse impacts of the...
Fri, 06 Feb 1998
Soft dollar helps poor Asian currencies
Soft dollar helps poor Asian currencies SINGAPORE (Reuters): Asian currencies firmed on the back of a lower U.S. dollar on Thursday as activity dwindled to commercial flows after the previous day's sharp falls caught many interbank traders short of dollars.
Fri, 06 Feb 1998
Bulog to continue to stabilize sugar, wheat flour prices
Bulog to continue to stabilize sugar, wheat flour prices JAKARTA (JP): The State Logistics Agency (Bulog) will continue its sugar and wheat flour market intervention to help stabilize prices despite the abolishment of its import and distribution monopolies on the two commodities.
Fri, 06 Feb 1998
Government vows to speed up labor intensive projects
Government vows to speed up labor intensive projects JAKARTA (JP): The government said yesterday it would speed up the implementation of projects designed to provide work for millions of people left jobless by the recession.
Fri, 06 Feb 1998
Fire razes 20 boats
Fire razes 20 boats BATAM, Riau: At least 20 boats belonging to fishermen from Meral village in Tanjungbalai Karimun regency were destroyed in a fire Wednesday night, Antara reported yesterday.West Riau police chief Lt. Col.
Fri, 06 Feb 1998
Policies caused food price hikes
Policies caused food price hikes Drastic increases in the cost of basic needs and a shortage in their supply has led to riots in several towns in Java and Sulawesi. H.S. Dillon, executive director of the Center for Agriculture Policy Studies, speculates on how agricultural policies may have...
Fri, 06 Feb 1998
Asia faces up to economic contraction
Asia faces up to economic contraction SINGAPORE (Reuters): The previously unthinkable is happening in Asia.As the financial crisis bites, growth in the region which not long ago boasted some of the world's fastest expanding economies is starting to slow down -- fast.
Fri, 06 Feb 1998
Political ceteribus paribus and the national leadership
Political ceteribus paribus and the national leadershipBy Hermawan Sulistyo JAKARTA (JP): A political scenario is based on political realities, subject to a condition that everything outside politics remains constant.
Fri, 06 Feb 1998
C. Java rioters surrender loot
C. Java rioters surrender loot REMBANG, Central Java (JP): Dozens of people who rioted in this regency recently have voluntarily relinquished their loot under an amnesty, officials and residents said yesterday.
Fri, 06 Feb 1998
Rupiah travel limit raised
Rupiah travel limit raised JAKARTA (JP): The government has raised the limit on the amount of rupiah travelers may carry with them when leaving and entering the country to Rp 5 million (US$526), up from the unrealistic amount of Rp 50,000.
Fri, 06 Feb 1998
Minister wants gas price to be renegotiated
Minister wants gas price to be renegotiated JAKARTA (JP): Minister of Mines and Energy I.B. Sudjana has asked the state's electricity company PLN and distribution company PGN to renegotiate the gas prices with state oil and gas company Pertamina and its production sharing contractors.
Fri, 06 Feb 1998
Indonesian timber firm loses concession
Indonesian timber firm loses concession PHNOM PENH (AFP): The Cambodian government has canceled the largest-single timber concession in the country belonging to a major Indonesian logging company, a report said yesterday.Micro Panin had its 1.4 million hectare (3.