Archive: 30 April 1998
65 articles found
Thu, 30 Apr 1998, 00:00 WIB
Violence in Medan exception to calm student protests
Violence in Medan exception to calm student protests JAKARTA (JP): Student rallies protesting the dire economic situation continued across the country yesterday, but yet more violence in Medan, North Sumatra, was the lone blemish on the otherwise peaceful protests. The fracas near the North Sumatra University campus was tinged with the odor of burning wheels as students pelted security officers with rocks and Molotov cocktails. Police launched tear gas canisters to disperse the students.
Thu, 30 Apr 1998, 00:00 WIB
S. Africa accuses RI of dumping paper
S. Africa accuses RI of dumping paper JOHANNESBURG (Reuters): South African paper giants at the center of an investigation of unfair business practices on Tuesday shrugged off the allegations and instead accused Indonesia and Brazil of dumping paper in the country. Sappi Ltd, and Mondi Paper Ltd are under investigation by South Africa's Competition Board.
Thu, 30 Apr 1998, 00:00 WIB
Police to sell Red Cross stickers
Police to sell Red Cross stickers JAKARTA (JP): The city branch of the Indonesian Red Cross (PMI) made a correction yesterday to its earlier statement that it hadn't approved a fund-raising collection through sticker sales at police stations. Branch deputy chairman Kristianto Budiono said: "I was wrong when giving the remarks about the order. I apologize to the City Police and the reporters.
Thu, 30 Apr 1998, 00:00 WIB
KL firms get nod to develop oil palm estates
KL firms get nod to develop oil palm estates JAKARTA (JP): Four Malaysian companies have been given the green light to develop oil palm plantations in the country, a minister said yesterday. State Minister of Investment Sanyoto Sastrowardoyo said yesterday the companies had met the investment criteria for the oil palm plantation sector. He declined to give details about the companies.
Thu, 30 Apr 1998, 00:00 WIB
Monas facelift to start soon
Monas facelift to start soon JAKARTA (JP): The long-awaited beautification of the National Monument (Monas) in Central Jakarta will get underway next week, a senior official said yesterday. Under the project, the city administration will relocate the ubiquitous vendors, rearrange parking lots, provide more toilets, install more lights and supply more trash bins.
Thu, 30 Apr 1998, 00:00 WIB
Indofood records net loss for 1997
Indofood records net loss for 1997 JAKARTA (JP): Indonesia's largest instant noodle maker PT Indofood Sukses Makmur yesterday reported a net loss in 1997 of Rp 1.2 trillion (US$150 million) as a result of the sharp plunge in the value of the rupiah. The publicly-listed company said it had decided to take a one- time charge amounting to Rp 1.8 trillion for its net forex losses, using the year-end exchange rate of Rp 5,300 to the U.S. dollar.
Thu, 30 Apr 1998, 00:00 WIB
Hero books Rp 46b in loss
Hero books Rp 46b in loss JAKARTA (JP): Publicly listed PT Hero Supermarket announced yesterday a net loss of Rp 46 billion (about US$6 million) in 1997 due to mounting foreign exchange losses. The company's president, Ipung Kurnia, announced yesterday that the loss resulted from foreign exchange losses of about Rp 60 billion. Hero, the country's leading supermarket operator, recorded a net profit of Rp 25.12 billion in 1996.
Thu, 30 Apr 1998, 00:00 WIB
Keeping Dutch-Indonesia ties strong
Keeping Dutch-Indonesia ties strong An economy with great potential growth, the largest country in Southeast Asia and an important geopolitical player: This is how the Netherlands continues to view Indonesia today despite a 10- month monetary crisis that has crippled the country's economy. "We still see a bright future for Indonesia in the long term," said Dutch Ambassador to Indonesia, P.R. Brouwer.
Thu, 30 Apr 1998, 00:00 WIB
Indonesia makes new repayment pledge
Indonesia makes new repayment pledge WASHINGTON (Reuters): A much more formal pledge by Indonesia that loans under the USDA's agricultural export credit program will be repaid could lead to increased U.S. farm exports, a key U.S. Agriculture Department aide said Tuesday. "I'm hopeful... that this will give U.S.
Thu, 30 Apr 1998, 00:00 WIB
Local shares plunge as political fears grow
Local shares plunge as political fears grow JAKARTA (JP): Share prices on the local stock exchange plunged by over 4 percent yesterday amid mounting concern over the political atmosphere in the country, brokers said. Securities brokers said yesterday that the escalating student protests in all of the country's major cities posed a major concern to the market.
Thu, 30 Apr 1998, 00:00 WIB
Man arrested for drug trafficking
Man arrested for drug trafficking JAKARTA (JP): Customs and excise officers at Soekarno-Hatta International Airport have foiled a drugs-smuggling attempt by MR, 34, as he was about to take Garuda Indonesia flight GA-724 to Melbourne via Denpasar. The officers confiscated 993 Ecstasy pills, 156 grams of heroin and 301 grams of amphetamine derivative shabu-shabu from the suspect. "The arrest took place at 7 p.m. on Saturday," Soenanto, one of the officers, said yesterday.
Thu, 30 Apr 1998, 00:00 WIB
Texmaco's profit down
Texmaco's profit down JAKARTA (JP): Publicly listed PT Texmaco Perkasa Engineering, one of the largest engineering companies in the country, reported a decline in net profit to Rp 19 billion (US$2.5 million) in 1997 from Rp 65.81 billion in 1996. The company announced yesterday that the sharp decline in its net profit was due to large foreign exchange losses caused by the rupiah's sharp depreciation.
Thu, 30 Apr 1998, 00:00 WIB
Shaman's wife gets death sentence
Shaman's wife gets death sentence JAKARTA (JP): The Lubuk Pakam District Court in North Sumatra handed down a death sentence yesterday to Tumini, a wife of notorious shaman Achmad Suraji, for deliberately assisting him in killing 42 women. Achmad, alias Datuk, was sentenced by the same court Monday to be executed by firing squad after he was found guilty of killing the women, who sought his help to make their partners faithful.
Thu, 30 Apr 1998, 00:00 WIB
Understanding RI business culture
Understanding RI business culture By Rob Goodfellow WOLLONGONG, New South Wales, Australia (JP): Indonesia is often criticized in the international press for what are loosely identified as "corrupt practices". The truth is, as in most things, "it takes two to tango", and Indonesia is no different from any other country in that business, and business culture, is essentially an exercise in quality improvement.
Thu, 30 Apr 1998, 00:00 WIB
Man caught with hashish
Man caught with hashish BEKASI (Antara): Bekasi police have confiscated 5.04 kilograms of hashish and arrested three men believed to be the seller and buyers of the illegal drug. Bekasi Police chief Lt. Col. Adjie Rustam Radja said here Tuesday that officers arrested the alleged drug pusher, Sur, 19, during a raid in Cibarusah-Cikarang last Friday. Sur was caught with 0.4 kgs of hashish in his possession.
Thu, 30 Apr 1998, 00:00 WIB
Govt not ready to appeal to WTO on Timor car case
Govt not ready to appeal to WTO on Timor car case JAKARTA (JP): Indonesia has yet to decide whether to appeal against the World Trade Organization's (WTO) finding that the country's national car project violated international trade rules. Minister of Trade and Industry Mohamad "Bob" Hasan said yesterday the government planned to study the potential impact before deciding what steps to take regarding the WTO decision.
Thu, 30 Apr 1998, 00:00 WIB
Forging ties with RI's business community
Forging ties with RI's business community ABN AMRO Bank is distinguished through a large international network. With a network of more than 1,880 branches in 71 countries, it ranks among the biggest networks worldwide. ABN AMRO's international operations are targeted at major centers in the international market, where substantial trade flows already exist or are expected to develop.
Thu, 30 Apr 1998, 00:00 WIB
Erasmus Huis a cultural center for varied tastes
Erasmus Huis a cultural center for varied tastes JAKARTA (JP): A typical outing to Erasmus Huis might include watching a Dutch movie, thumbing through the library's collection, or taking in art exhibition. "I like to come by some time, to be around Dutch-speaking Indonesians and read Dutch literature," an elderly Indonesian woman said. Taking in and enjoying cultural activities in a relaxed atmosphere is what most people seek in a cultural center like the Erasmus Huis.
Thu, 30 Apr 1998, 00:00 WIB
Crude oil price spread realigned
Crude oil price spread realigned SINGAPORE (Reuters): Price relationships between Asian crudes and global benchmark Brent changed dramatically in the first quarter, but are expected now to resume a more traditional course, analysts said yesterday. "The realignment of the spread happened in April, and is likely to be sustained this year," said John Russel, managing director of Bangkok-based Petroleum Economics Limited (PEL).
Thu, 30 Apr 1998, 00:00 WIB
Holland provides trade financing guarantees to RI
Holland provides trade financing guarantees to RI Minister of Economic Affairs Wijers and Minister of Finance Zalm have, in consultation with Minister of Foreign Affairs Van Mierlo, have decided to provide a credit-insurance facilities for short-term export transactions with Indonesia to an amount of NGL 250 million for this current year. Calculating an average credit term of about three months, a total export volume of NGL 1 billion (US$500 million) can be realized on a yearly basis.
Thu, 30 Apr 1998, 00:00 WIB
Java set to remain population center
Java set to remain population center JAKARTA (JP): Java, despite intensive transmigration programs, will remain the country's most populated island with 58 percent of the population by 2004, according to a new report. Population density of the island, which makes up just 6.6 percent of Indonesian territory, will rise from 938 per square kilometer to 1,000. The rest of the country has a population density of about 50 people per square kilometer.
Thu, 30 Apr 1998, 00:00 WIB
Bank Indonesia meets IMF monetary targets
Bank Indonesia meets IMF monetary targets JAKARTA (JP): Bank Indonesia (BI) said yesterday that it met performance criteria for monetary indicators agreed with the International Monetary Fund (IMF) at the start of this month on April 24. However, the central bank did not reveal what the IMF targets actually were.
Thu, 30 Apr 1998, 00:00 WIB
E. Kalimantan needs more rattan processing plants
E. Kalimantan needs more rattan processing plants JAKARTA (JP): The Association of the Dayak Tribes in East Kalimantan said yesterday they needed more processing plants to boost semi-finished rattan exports in the province. Rama Asia, an association executive, told Minister of Trade and Industry Mohamad "Bob" Hasan in a meeting yesterday that East Kalimantan, one of the country's largest producers of rattan, needed government help to boost its rattan processing industry.
Thu, 30 Apr 1998, 00:00 WIB
Reforming state companies
Reforming state companies Tanri Abeng, State Minister of the Empowerment of State Enterprises, should be one of the busiest members of the cabinet because he is in charge of managing almost 160 companies, with combined assets of more than Rp 460 trillion (US$57.6 billion). The problem is most of the companies have been poorly managed for a prolonged period of time and shown very low rates of return on investments and equity.
Thu, 30 Apr 1998, 00:00 WIB
Injuries haunt RI's Thomas, Uber Cups teams
Injuries haunt RI's Thomas, Uber Cups teams JAKARTA (JP): Illness and injury have cast a shadow over Indonesia's bid to retain the Thomas and Uber Cups, the team doctor said yesterday. Michael Trianto, the Badminton Association of Indonesia's doctor, said the team's chances of success in the competition, to be held in Hong Kong from May 15 to May 24, had been jeopardized.
Thu, 30 Apr 1998, 00:00 WIB
Singer stars in drug trial
Singer stars in drug trial BANDUNG, West Java: Prosecutors are seeking five-month jail terms for a jazz singer, identified as KA, and his girlfriend for possessing marijuana. Prosecutor Tatang Wardjita told a panel of judges presided over by Mohammad Taufik at the Bandung District Court yesterday that the two defendants were proven guilty of violating the narcotics law.
Thu, 30 Apr 1998, 00:00 WIB
The law as helmsman
The law as helmsman Under the New Order the law has still not been able to place itself in a helmsman's position in this country. This is one of the interesting premises made by Yusril Ihza Mahendra in a speech during his confirmation as professor of law in the University of Indonesia's School of Law last week. "The law as the helmsman" is an expression designed to enunciate a major difference with the past Old Order regime, which used "politics as the helmsman" as its motto.
Thu, 30 Apr 1998, 00:00 WIB
APEC sets priorities at Singapore meeting
APEC sets priorities at Singapore meeting SINGAPORE (AP): A government-business group working to develop the express air delivery business in Asia-Pacific countries is a model for other such efforts to open and build the region's markets, a U.S. official said yesterday. "The customs working group is a real example of what the rest of APEC (the Asia-Pacific Economic Cooperation nations) could do," U.S.
Thu, 30 Apr 1998, 00:00 WIB
Indocement reports loss
Indocement reports loss JAKARTA (JP): The publicly listed cement maker PT Indocement Tunggal Perkasa announced a net loss of Rp 378 billion (US$47.25 million) in 1997 yesterday. The deficit was due to foreign exchange losses of Rp 1.47 trillion over the same period. The company said in a statement that it had used a rupiah-U.S. dollar exchange rate of Rp 5,300 to determine the size of its foreign exchange losses.
Thu, 30 Apr 1998, 00:00 WIB
Widjaya, YTC join forces
Widjaya, YTC join forces JAKARTA (JP): PT Widjaya Tunggal Sejahtera and Singapore-based hotel operator YTC Hotels are jointly developing a 400-room hotel in Slipi, West Jakarta. The new venture, Hotel Menara Peninsula, is expected to begin operating by the middle of this year. The 24-story hotel will offer various services, ranging from conference rooms, a ballroom, exhibitions, restaurants, sport facilities and a fitness center. (gis)
Thu, 30 Apr 1998, 00:00 WIB
TV today
TV today TVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film: Kid Pix 3:05 Musical Film 3:30 Science Film: Ticket to Adventure 4:00 Regional News 4:30 Creative Program: Karya Kita 5:00 Arabic Lessons 5:30 TV Series: Man From Uncle 6:00 News: Lintasan Berita 6:05 My Country: Rona Nusantara 6:15 Sports 6:30 TVRI News (in English) 7:00 Evening News 7:35 Comedy: Terminal Humor 8:00 News: Lintasan Berita 8:05 Comedy: Terminal Humor (contd.) 8:20 Koran Recital 8:30 Religious Teachings:...
Thu, 30 Apr 1998, 00:00 WIB
Political jitters hit rupiah and peso in Asia
Political jitters hit rupiah and peso in Asia SINGAPORE (Reuters): Asian currencies snoozed their way through yesterday's session in the absence of the Tokyo market, but the Indonesian rupiah and Philippine peso suffered due to political jitters, dealers said. Japan's Green Day holiday, the start of the so-called Golden Week of holidays there, made for low volumes even in the major plays like dollar/yen but there was some action, notably for Jakarta and Manila.
Thu, 30 Apr 1998, 00:00 WIB
IMF satisfied with RI reform implementation
IMF satisfied with RI reform implementation JAKARTA (JP): The International Monetary Fund (IMF) is quite satisfied with Indonesia's performance in implementing its ongoing economic reform measures, IMF special envoy Prabhakar Narvekar said yesterday. Narvekar told reporters after a meeting with Vice President B.J. Habibie that he was optimistic the IMF executive board would agree to disburse its suspended credit outlay on time.
Thu, 30 Apr 1998, 00:00 WIB
Too many cigarette ads
Too many cigarette ads As a foreigner who has spent a total of more than six months in Indonesia I feel the need to comment on the overwhelming presence of cigarette advertisements in this country. There seems to be no laws prohibiting the promotion of cigarettes as I am accustomed to in my country, Canada. The television advertisements are particularly sickening for me. Generally, these ads fall into two groups. There is one type of ad which promotes cigarettes in a natural context.
Thu, 30 Apr 1998, 00:00 WIB
Houses that never were
Houses that never were JAKARTA (JP): About 300 people have lodged complaints with police claiming that two property developers, PT Prasetia Pertiwi and PT Duta Cahaya Indosakti, swindled them of Rp 600 million (US$75,000). The group's representative, Johnny, said Monday the companies had failed to build houses in Serang and Bogor, both in West Java, despite accepting down payments.
Thu, 30 Apr 1998, 00:00 WIB
Triple murder reconstruction held smoothly in Jagakarsa
Triple murder reconstruction held smoothly in Jagakarsa JAKARTA (JP): The reconstruction of a triple murder, said to be one of Jakarta's most brutal, was held at the scene of the crime on Jl. Wahid, Ciganjur subdistrict in Jagakarsa, South Jakarta, under tight security yesterday.
Thu, 30 Apr 1998, 00:00 WIB
Indonesian bank sector reform lagging: S&P's
Indonesian bank sector reform lagging: S&P's JAKARTA (JP): Ratings agency Standard and Poor's (S&P's) of the United States expressed concern yesterday over the restructuring of the banking sector in Indonesia, saying it was not proceeding quickly enough. The agency said Indonesia lagged behind its neighbors in restructuring its banking sector.
Thu, 30 Apr 1998, 00:00 WIB
Maintaining RI-Dutch business relations
Maintaining RI-Dutch business relations Trade and investment relations between Indonesia and the Netherlands are exactly 400 years old this year. This long history explains the strong economic ties between the two countries. Bilateral trade now totals US$1.6 billion per year. Indonesian exports to the Netherlands are $1 billion, partially reflecting the important distribution function that the Netherlands has for the European market.
Thu, 30 Apr 1998, 00:00 WIB
Woman fatally hurt at Kopassus HQ
Woman fatally hurt at Kopassus HQ JAKARTA (JP): A woman died in hospital shortly after she was found with a severe chest wound in a cafeteria at the Army's special force (Kopassus) headquarters in Cijantung, East Jakarta, yesterday. City police spokesman Lt. Col. E. Aritonang identified the woman only as Nur, 24, a waitress at the cafeteria. He said the cause of death was yet to be determined.
Thu, 30 Apr 1998, 00:00 WIB
U.S. stocks, local concerns pull Asian markets down
U.S. stocks, local concerns pull Asian markets down SINGAPORE (Reuters): A holiday for Japan's depressed markets gave the rest of Asia little respite yesterday as an overnight fall in U.S. stocks and niggling domestic concerns pulled most regional markets lower. South Korean shares bucked the trend, shooting up over 3 percent on news the government was seeking an early end to limits on foreign stockholdings. The rise broke a six-day losing streak for Seoul stocks.
Thu, 30 Apr 1998, 00:00 WIB
Where to go in Bali:
Where to go in Bali: Exhibition * Art Exhibition by W.O.J. Nieuwenkamp (European Artist), at Museum Puri Lukisan, Jl. Raya Ubud, Ubud, Gianyar, Bali (Phone: 0361 975136), 8 a.m. to 4 p.m., April 30. * Ruwatan Bumi, the Earth Purification Ceremony in Taman Budaya, Jl. Nusa Indah, Denpasar: Fine Art Exhibition, 10 a.m. to 9 p.m., May 3-16. Accoustic Music, Poetry Reading, Cartoon Sketch Display, 5 p.m. to 8 p.m., May 3-16.
Thu, 30 Apr 1998, 00:00 WIB
Wartime sex slaves verdict a breakthrough
Wartime sex slaves verdict a breakthrough TOKYO: In a damning and historic judgment, a Japanese court Monday ordered the government to compensate three former Korean "comfort women" who were forced into sexual slavery by the Japanese army during the World War II. Judge Hideaki Chikashita said the treatment of the women was "a clear case of sexual and ethnic discrimination as a well as a violation of the human rights enshrined in the constitution".
Thu, 30 Apr 1998, 00:00 WIB
Where to go in Surabaya:
Where to go in Surabaya: Music and Entertainment * Hyatt Regency Surabaya, Jl. Jend. Basuki Rakhmat 106-128: - The Tavern Pub: Hazztoria Band, daily except Sunday 9 p.m. to 1 a.m. - Atrium Lounge: Solo Pianist, Monday to Friday, 7 p.m. to 10:45 p.m., Saturday at 7 a.m. to 11 p.m. - Lobby: Gamelan - Traditional Music, daily, 6 p.m. to 12 p.m. * Shangri-La Hotel, Jl. May. Jend. Sungkono 120: - Desperados Bar & Cafe: Fortune 500, Tuesday to Sunday, 9:30 p.m. to 2 a.m.
Thu, 30 Apr 1998, 00:00 WIB
RI delegation against U.S. bill on religion
RI delegation against U.S. bill on religion JAKARTA (JP): An Indonesian delegation of religious leaders led by Amien Rais met with members of the United States Congress Tuesday and spoke against the proposed Wolf-Spectre bill on freedom from religious persecution. Amien, chairman of the 28-million-strong Muhammadiyah Moslem organization, secretary-general of the Communion of Indonesian Churches J.M. Pattiasina and S.A.E.
Thu, 30 Apr 1998, 00:00 WIB
Holland, a global center for energy products
Holland, a global center for energy products The world's three major oil refinery centers are Rotterdam, Singapore and Houston. These locations also serve as distribution centers for their relevant regions. For North and West Europe, Rotterdam is also the "energy" center, where the prices are established. The geographic position of the Netherlands and the presence here of a large seaport caused various large oil refineries and oil storage depots to settle in Rotterdam in the 1960s.
Thu, 30 Apr 1998, 00:00 WIB
U.S. gives loans to RI students
U.S. gives loans to RI students JAKARTA (JP): A zero-interest loan program has been launched in the United States to help students from Indonesia and three other Asian countries affected by the economic crisis. The Institute of International Education has received $7.75 million from the Freeman Foundation for the Asian Students in American-Higher Education Loan Program (ASIA-HELP).
Thu, 30 Apr 1998, 00:00 WIB
Dengue depletes blood supply
Dengue depletes blood supply YOGYAKARTA: The main Sardjito General Hospital has issued an urgent call for voluntary blood donors to help the rising number of patients affected by an outbreak of dengue fever. Hospital spokesman Sri Wahyuni said the hospital was running short of fresh blood supplies for the dengue fever sufferers. The illness is often marked by internal hemorrhaging. In the last two days, the number of dengue admittances increased from 71 to 81.
Thu, 30 Apr 1998, 00:00 WIB
One killed at building site
One killed at building site TANGERANG (JP): One construction worker was killed and five seriously injured Tuesday when a part of a structure collapsed on their building site, a media report said yesterday. Witnesses said the accident occurred at the PT Bintang Cikupa site on Jl. Raya Serang at about 12 p.m. when a pole broke and part of the structure it supported collapsed.
Thu, 30 Apr 1998, 00:00 WIB
Market positive about RI privatization plan
Market positive about RI privatization plan JAKARTA (JP): The international market is positive about Indonesia's plan to privatize state firms, according to investment bank Goldman Sachs. Goldman Sachs (Asia) L.L.C. managing directors Peter G.C. Mallinson and Timothy D. Dattels told journalists here yesterday state-owned "quality companies" would sell well. "Very high quality companies could meet good interests. Whether PT Telkom or Indosat...
Thu, 30 Apr 1998, 00:00 WIB
NU stance
NU stance From Pikiran Rakyat Basically, the community gladly welcomes the statement of stance made by the central governing board of NU, the largest mass organization in Indonesia. The statement says that reforms mean improvement of social life and betterment of things no longer compatible with the present circumstances. The old die and the young grow -- that is a natural law with which we must comply. Rejecting reforms is tantamount to denying the law of nature.
Thu, 30 Apr 1998, 00:00 WIB
Govt set to raise fuel, electricity prices soon
Govt set to raise fuel, electricity prices soon JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto confirmed yesterday the government would soon increase fuel and electricity prices to cut the government's large subsidies. He said he had sent President Soeharto the proposals for price rises for both commodities and believed the President would approve the proposals soon. "We are waiting for the President's approval for the price rises.
Thu, 30 Apr 1998, 00:00 WIB
Forest harvest limited
Forest harvest limited JAKARTA (JP): Director General of Forest Utilization Titus Sarijanto said yesterday that timber companies must not fell more than their annual quota. He said the forestry and plantations ministry was considering whether to impose a penalty on those who breached the regulation. Titus said that timber companies were required to submit their annual logging estimates to his office for approval but only 154 of the 430 forest concessionaires had fulfilled the requirement.
Thu, 30 Apr 1998, 00:00 WIB
BUN excluded from list in Nusamba's merger plan
BUN excluded from list in Nusamba's merger plan JAKARTA (JP): The Nusamba Group has removed publicly listed Bank Umum Nasional (BUN) from its bank merger program, a group executive said yesterday. BUM's removal means only Nusamba Group's three other banks will merge. There are Bank Bukopin, Bank Tugu and publicly listed Bank Duta.
Thu, 30 Apr 1998, 00:00 WIB
More Megawati supporters jailed for staging rally
More Megawati supporters jailed for staging rally JAKARTA (JP): Another 35 supporters of Megawati Soekarnoputri were sentenced yesterday to between two months and 18 days or two months and 20 days in jail for holding a street rally. Ten of the 35 defendants will be released from jail today and the remaining 25 will be freed Saturday as they have been incarcerated since they were arrested on Feb. 11. Yesterday's prison terms took into account the time served.
Thu, 30 Apr 1998, 00:00 WIB
Activist seeks refuge in Holland
Activist seeks refuge in Holland JAKARTA (JP): Political activist Pius Lustrilanang, who recently divulged that he was kidnapped and tortured by a gang of unidentified men, has sought peace of mind and physical safety in Holland, his lawyer said here yesterday. "Pius has gone. He arrived in Amsterdam on Tuesday," Hendardi, the executive director of the Indonesian Legal Aid and Human Rights Association (PBHI), told journalists.
Thu, 30 Apr 1998, 00:00 WIB
Soeharto receives new Turkish, Chinese envoys
Soeharto receives new Turkish, Chinese envoys JAKARTA (JP): President Soeharto received the credentials of new ambassadors yesterday in a ceremony without speeches for the first time, marking a new protocol in state ceremony. Soeharto received yesterday letters of credential from Chinese Ambassador Chen Shiqiu and Turkish Ambassador Mehmet Guney at Merdeka Palace. The new envoys also did not make any speeches during the ceremony.
Thu, 30 Apr 1998, 00:00 WIB
Kupang detains smugglers
Kupang detains smugglers KUPANG, East Nusa Tenggara: Three alleged smugglers of illegal immigrants are still in custody at the local immigration office following their capture two weeks ago. Antara identified the three as Malaysians Zet Husein bin Zet Ali, 39, and Abdullah Hamid bin Sira, 47, and Singaporean Wong Pok Peng, 46. They allegedly had been trying to smuggle 16 immigrants from China, Bangladesh, India, and Pakistan to Australia. The attempt was foiled by the local police.
Thu, 30 Apr 1998, 00:00 WIB
U.S. urges full probe into abduction report
U.S. urges full probe into abduction report WASHINGTON (Reuters): The United States said the reported abduction and torture of an opposition activist in Indonesia was disturbing, and urged the government to mount a full investigation. "It's a disturbing story," State Department spokesman James Foley said on Tuesday, referring to the case of Pius Lustrilanang. Pius, who disappeared on Feb.
Thu, 30 Apr 1998, 00:00 WIB
Polysindo's profit drops
Polysindo's profit drops JAKARTA (JP): Publicly listed PT Polysindo Eka Perkasa, the country's largest integrated producer of polyester, announced a 81 percent decline in its net profit to Rp 32 billion (US$4.2 million) in 1997, down from Rp 169.80 billion in 1996. The company announced yesterday that the sharp decline in net profit was caused by large foreign exchange losses.
Thu, 30 Apr 1998, 00:00 WIB
Dutch-Indonesian Trade Information
Dutch-Indonesian Trade Information 1994 1995 1996 1997 -------------------------------------------------------------- Investments in US$ 173.4 360 1,329.5 319.5 Number of projects 13 20 27 22 Export (Nfl) 779.3 1,244.7 752.8 1,076.5 CBS (US$) 563.8 842.1 493.2 565.9 BPS Import (Nfl) 1,845.2 1,743.3 1,999.6 2,079 CBS (US$) 1,323.7 1,452.4 1,666.7 1,842.3 BPS Cumulative Approvals 1967 to 1997 -- US$11,558.8 Number of projects 1967 to 1997 -- 177 Rank of investment by country of origin -- 7 Export...
Thu, 30 Apr 1998, 00:00 WIB
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on April 29, 1998: Buying Selling Rp Rp U.S.
Thu, 30 Apr 1998, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on April 29, 1998: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 600 -50 40,000 AHAP Insurance 500 0 0 Alter Abadi 1,000 -50 131,000 Alumindo Light Metal 375 -25 80,000 Alumindo Perkasa 300 0 0 Aneka Kimia Raya 500 -25 13,000 Aneka Tambang 1,550 -50 8,221,500 Anwar Sierad 250 0 61,500 Apac Centertex Corp.
Thu, 30 Apr 1998, 00:00 WIB
Dutch still popular language among Jakartans
Dutch still popular language among Jakartans By Marieke van Heek JAKARTA (JP): It's been more than half a century since Dutch troops left Indonesia. Yet, the 350 years of colonialism still influences the country. Even now, for some, Dutch is a language to show a social status and good development and is known as a language for the elite older generation. Besides that, Dutch is also an important source language in certain fields.
Thu, 30 Apr 1998, 00:00 WIB
President and wise man
President and wise man The fate of the editor in chief of Detektif and Romantika magazine is still unclear. I am referring to whether the police dossier on him has been submitted to the Attorney General's Office and whether the case is ready to go to court. As we all know. D&R magazine trod on a "land mine" when it ran a cover of President Soeharto superimposed on a king of spades. Though the letter attached on both sides of the card was not a K for king but a P for president, Gen. R.
Thu, 30 Apr 1998, 00:00 WIB
Summers still concerned about RI's situation
Summers still concerned about RI's situation WASHINGTON (Reuters): U.S. Deputy Treasury Secretary Lawrence Summers said on Tuesday he was more encouraged by events in Asia now than a few months ago, but the situation in Indonesia remained "extraordinarily difficult." "Thankfully we can talk in a much more encouraged way about the region than we could three months, even one month ago," Summers told a technology conference in San Francisco.