Archive: 9 April 1998
60 articles found
Thu, 09 Apr 1998
Indonesia, IMF strike new deal
Indonesia, IMF strike new deal JAKARTA (JP): Indonesia and the International Monetary Fund (IMF) reached an agreement yesterday on a new set of economic reform measures, which for the first time specifically addresses the problem of the country's huge corporate debt owed to foreign banks.
Thu, 09 Apr 1998
At least 11 activists still missing: Reports
At least 11 activists still missing: Reports JAKARTA (JP): Ten out of at least 21 people reported missing have returned, but the whereabouts of the rest are still unknown, reports said yesterday.Those accounted for were eight students who went missing following a clash between protesters and...
Thu, 09 Apr 1998
Bank workforce vulnerable
Bank workforce vulnerable JAKARTA (JP): Approximately two-thirds of the banking and financial sector workforce could be laid-off as a result of the economic crisis and reforms which need to be taken, the Federation of All-Indonesia Workers Union (FSPSI) said.
Thu, 09 Apr 1998
Easter service to be held at Istora Senayan
Easter service to be held at Istora Senayan JAKARTA (JP): If you are seeking a few words of consolation to restore your soul after the torment of the deepening economic crisis, you could attend a mass Easter service at Istora Senayan Stadium in Central Jakarta on Friday.
Thu, 09 Apr 1998
RI granted a place in World Cup boxing
RI granted a place in World Cup boxing JAKARTA (JP): Thailand has granted a World Cup team slot to one of the two Indonesian boxers who won bronze medals in the King's Cup earlier this week. The World Cup will be held in Beijing in June.
Thu, 09 Apr 1998
Military Command to grow corn, beans
Military Command to grow corn, beans JAKARTA (JP): Members of the Jakarta Military Command launched yesterday a project which will involve hundreds of its personnel in farming unused land in Bekasi and Tangerang.Jakarta Military Commander Maj. Gen.
Thu, 09 Apr 1998
Bank NISP, Bank Bira talk with foreign investors
Bank NISP, Bank Bira talk with foreign investors JAKARTA (JP): Publicly listed Bank NISP is at an advanced stage of negotiations with foreign investors to take a significant stake in the bank.President of Bank NISP Pramukti Suriaudja said yesterday the bank was in serious negotiations with foreign...
Thu, 09 Apr 1998
Ban on student politics 'has no legal basis'
Ban on student politics 'has no legal basis' JAKARTA (JP): The recent government ban on students engaging in on-campus political activities has no legal basis, observers said yesterday.Loebby Loqman, Awaloedin Djamin and Salim Said told The Jakarta Post in separate interviews that they have never...
Thu, 09 Apr 1998
Asian crisis shows need for better capital controls
Asian crisis shows need for better capital controls BANGKOK (Agencies): South East Asia's economic crisis demonstrates a need for better control of destabilizing speculative global capital flows, the United Nations Economic and Social Commission for Asia and the Pacific said here yesterday.
Thu, 09 Apr 1998
ESCAP gives optimistic outlook for Indonesia
ESCAP gives optimistic outlook for Indonesia JAKARTA (JP): The Economic and Social Commission for Asia and the Pacific (ESCAP) has given Indonesia a relatively optimistic economic outlook for this year.
Thu, 09 Apr 1998
Chinese minister to visit Indonesia
Chinese minister to visit Indonesia BEIJING (Reuters): Chinese Foreign Minister Tang Jiaxuan, making his first solo trip abroad in his new post, will arrive in Indonesia Saturday for a three visit, a ministry spokesman said yesterday.
Thu, 09 Apr 1998
Asian markets rally on hopes for RI, Japan
Asian markets rally on hopes for RI, Japan SINGAPORE (Reuters): Signs that the economies of Indonesia and Japan are about to get an overdue boost spurred Asian markets to some strong gains yesterday , but traders remained wary ahead of concrete steps in both countries.
Thu, 09 Apr 1998
French high technology expo here next week
French high technology expo here next week JAKARTA (JP): The French government will continue to promote business links with Indonesia by staging a high technology exhibition here next week, the French embassy said yesterday.
Thu, 09 Apr 1998
IMF to tighten monitoring of RI economic reforms
IMF to tighten monitoring of RI economic reforms JAKARTA (JP): The International Monetary Fund (IMF) said yesterday that a new agreement with Indonesia on economic reforms would be closely monitored to assure its full implementation.
Thu, 09 Apr 1998
Indonesia to Hannover Fair
Indonesia to Hannover Fair JAKARTA (JP): At least seven Indonesian companies will take part in the Hannover Fair '98 from April 20 to April 25, the National Agency for Export Development (NAFED) said yesterday.
Thu, 09 Apr 1998
Tegal Alur residents seek project delay
Tegal Alur residents seek project delay JAKARTA (JP): A delegation of 59 residents from Tegal Alur subdistrict in West Jakarta demanded yesterday that the City Council postpone part of its river normalization program which would require them to give up their homes.
Thu, 09 Apr 1998
Sulawesi haj swindler arrested
Sulawesi haj swindler arrested UJUNGPANDANG, South Sulawesi: Police have arrested Daeng Beta for allegedly swindling at least 154 would-be haj pilgrims.Daeng was arrested Tuesday evening just as relatives of those who were cheated ransacked his home demanding recompense for their lost money.
Thu, 09 Apr 1998
Where to go in Bandung:
Where to go in Bandung:Exhibitions * Furniture Exhibition featuring decorative interior furnitures, antique and ethnical goods by Pradipta Gallery at the Lobby Preanger Aerowisata Bandung Hotel, Jl. Asia Afrika No. 81 (Phone 022 431631), until April 30.
Thu, 09 Apr 1998
Armijn Pane's novel
Armijn Pane's novel It was encouraging to read of Ayu Utami's emergence as a new Indonesian literary talent.But how sad to read in Prasetyohadi's article, April 5, that he attributed Armijn Pane's novel Belenggu (published in 1940) to "distinguished author Sutan Takdir Alisjahbana in 1933", clearly...
Thu, 09 Apr 1998
Indonesian CPO export ban seen to continue
Indonesian CPO export ban seen to continue SINGAPORE (Dow Jones): Indonesia's ban on palm oil exports is set to continue after it received no mention in the announcement yesterday of its revised economic package, agreed with the International Monetary Fund, by Coordinating Minister for Economy,...
Thu, 09 Apr 1998
ABRI denies East Timorese claim of rights violations
ABRI denies East Timorese claim of rights violations JAKARTA (JP): A group of East Timorese demonstrated outside the National Commission on Human Rights yesterday alleging human rights abuses by the military.
Thu, 09 Apr 1998
Students deserve to be listened to
Students deserve to be listened to Numerous comments, including those from top officials, greeted the proposed dialog between university students and the Armed Forces. Political scientist J. Soedjati Djiwandono hopes the Armed Forces will eventually be willing to listen to what the students have to...
Thu, 09 Apr 1998
Canadian agricultural minister due here
Canadian agricultural minister due here JAKARTA (Antara): Canadian Minister of Agriculture and Agri- Food (AAFC) Lyle Vanclief will be visiting Jakarta on April 12 and 13, a press release of the Canadian Embassy in Jakarta said yesterday.
Thu, 09 Apr 1998
TV programs
TV programsTodayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film: Kid Pix 3:05 Focus on Jakarta: Segar Jakartaku 3:30 Science Film: Painting The Town 4:00 Regional News 4:30 Creative Program: Karya Kita 5:00 Arabic Lessons 5:30 TV Series 6:00 News: Lintasan Berita 6:05 News: Rona...
Thu, 09 Apr 1998
Japan pledges $2b for RI
Japan pledges $2b for RI TOKYO (Reuters): Prime Minister Ryutaro Hashimoto said yesterday that Japan will extend a total of US$2 billion in loans to Indonesia.Of the total, $1 billion would come be in the form of bilateral loans through the Export-Import Bank of Japan and the other $1 billion would...
Thu, 09 Apr 1998
Two developers violate productive land rules
Two developers violate productive land rules JAKARTA (JP): Two developers have built housing complexes on productive land in the Tangerang mayoralty in violation of a 1990 presidential decree, a media report said yesterday.
Thu, 09 Apr 1998
KPN denies smuggling CPO
KPN denies smuggling CPO MEDAN, N.Sumatra (JP): PT Karya Prajona Nelayan (KPN) has denied that it and its subsidiary, PT Bukit Kapur Reksa, smuggled 38,374 tons of crude palm oil and its derivatives out of the Riau port of Dumai as several newspapers here and in Jakarta reported recently.
Thu, 09 Apr 1998
Property owners fall to tenant demands
Property owners fall to tenant demands JAKARTA (JP): Indonesia's currency crisis has prompted owners of office buildings to comply with tenants' request to reduce their foreign exchange exposure, property consultant Procon Indah said yesterday.
Thu, 09 Apr 1998
Stock exchange
Stock exchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 8, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 650 0 500 AHAP Insurance 500 0 0 Alter Abadi 750 0 0 Alumindo Light Metal 425 25 347,500 Alumindo...
Thu, 09 Apr 1998
Our last chance
Our last chance Thorough implementation of a revised reform package agreed on yesterday between the government and the International Monetary Fund (IMF) after three weeks of negotiations could be the last chance for Indonesia to get out of its economic crisis.
Thu, 09 Apr 1998
Malaysian firm shrugs off U.S. sanction threat
Malaysian firm shrugs off U.S. sanction threat KUALA LUMPUR (Reuters): Malaysia's state oil company said yesterday it would go ahead with a planned US$2 billion gas project in Iran with French and Russian partners despite the threat of U.S. sanctions.
Thu, 09 Apr 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on April 8, 1998: Buying Selling Rp Rp U.S. dollar 1 8,000.00 9,500.00Austrian shilling 1 578.60 746.50Australian dollar 1 5,076.30 6,123.50Belgian franc 1 204.30 245.50Canadian dollar 1 5,431.
Thu, 09 Apr 1998
Daimler-Benz hopes for Asia
Daimler-Benz hopes for Asia STUTTGART (DPA): Daimler-Benz expects to raise its Asia- generated revenues from their current level of eight per cent of the total to over 20 per cent within 10 years, company officials said yesterday.
Thu, 09 Apr 1998
Intel improves services
Intel improves services JAKARTA (JP): Intel Indonesia Corporation introduced yesterday its worldwide certification program designed to provide highly trained technical experts to help companies choose and implement Intel-based technology solutions.
Thu, 09 Apr 1998
Authorities vow to phase out red-light district
Authorities vow to phase out red-light district JAKARTA (JP): The municipality will phase out the city's only officially recognized red-light district in Kramat Tunggak, North Jakarta, Deputy Governor for Welfare Affairs Djailani said yesterday.
Thu, 09 Apr 1998
Asian turmoil hitting project finance debt
Asian turmoil hitting project finance debt LONDON (Reuters): Standard & Poor's reports this week Asia's financial problems may have a greater impact on project and infrastructure debt than other sectors given that these financings have fueled much of the region's earlier, phenomenal growth, and now...
Thu, 09 Apr 1998
Moody's gives upbeat take on issuance record in '97
Moody's gives upbeat take on issuance record in '97 LONDON (Dow Jones): In a report published yesterday, Moody's Investors Service highlights the resilience and strength of Asian structured finance markets in the face of recent months' market turmoil and a generally cautious approach to the whole...
Thu, 09 Apr 1998
Govt, IPB students discuss agribusiness development
Govt, IPB students discuss agribusiness development JAKARTA (JP): Coordinating Minister for People's Welfare and Poverty Eradication Haryono Suyono has held the first of a planned series of dialogs with students on how to overcome the economic crisis.
Thu, 09 Apr 1998
Cheap auto parts go on sale soon
Cheap auto parts go on sale soon JAKARTA (JP): The City Land Transportation Agency in cooperation with several car agents and part manufacturers will hold a six-month sale on auto parts for owners of public buses.
Thu, 09 Apr 1998
Jambi's new mayor dead
Jambi's new mayor dead JAMBI: Jambi's mayor-elect, Muhammad Sabki, 59, has died only days before he was to be sworn in later this month.Sabki died of a stroke with symptoms of typhus in Jakarta Tuesday night. His body arrived here yesterday afternoon.
Thu, 09 Apr 1998
Govt denies report on Goro
Govt denies report on Goro JAKARTA (JP): Coordinating Minister for Economy, Finance and Industry Ginandjar Kartasasmita denied yesterday that the government granted a privilege to wholesaler PT Goro Batara Sakti to distribute basic commodities across the country.
Thu, 09 Apr 1998
Military sticks to plan on dialog with students
Military sticks to plan on dialog with students JAKARTA (JP): Minister of Defense and Security/Armed Forces (ABRI) Commander Gen. Wiranto said yesterday he would continue with his plan to hold a dialog with students because the nation needed their inputs to the development process.
Thu, 09 Apr 1998
Fumigation a free service, mayor says
Fumigation a free service, mayor says JAKARTA (JP): East Jakarta Mayor Sudharsono told residents yesterday to reject offers of mosquito fumigation by private concerns.Sudharsono said the groups usually asked for money and the quality of the insecticide -- which should kill mosquitoes that spread...
Thu, 09 Apr 1998
Petronas-Union Carbide deal
Petronas-Union Carbide deal KUALA LUMPUR (DPA): The Malaysian state oil firm Petronas inked a deal yesterday with U.S.-based Union Carbide Corporation to jointly build and operate an integrated chemicals complex aimed at turning Malaysia into a regional petrochemical center.
Thu, 09 Apr 1998
Yen's gain against dollar pushes Asian currencies
Yen's gain against dollar pushes Asian currencies SINGAPORE (Reuters): Asian currencies profited from a sharp rise in the value of the Japanese yen yesterday, pushing back against the U.S. dollar on several fronts.
Thu, 09 Apr 1998
Four more Sri Lankans arrested by police
Four more Sri Lankans arrested by police JAKARTA (JP): The Jakarta Police Foreigners Supervision Unit (POA) has arrested another four Sri Lankans for allegedly working without permits and having no passports, a police officer said yesterday.
Thu, 09 Apr 1998
FedEx expands with flights to Jakarta
FedEx expands with flights to Jakarta JAKARTA (JP): U.S.-based Federal Express Corporation (FedEx) has expanded its express transportation service in Asia with the debut yesterday of direct flights to Jakarta five times a week.
Thu, 09 Apr 1998
Crisis prompts rise in divorce
Crisis prompts rise in divorce PURWOKERTO, Central Java: Divorces in the Purwokerto and Banyumas areas have shown a marked increase since the country was hit by the economic crisis last year.Officials of the two religious courts told The Jakarta Post that 70 percent of divorces in the area had been...
Thu, 09 Apr 1998
Man, wife and son slain in S. Jakarta
Man, wife and son slain in S. Jakarta JAKARTA (JP): A man, his wife and one of their children were murdered at their home in the southern outskirts of Jagakarsa early yesterday, police said.South Jakarta Police chief Lt. Col.
Thu, 09 Apr 1998
A good chance to start talking
A good chance to start talkingBy Iwan Mucipto JAKARTA (JP): Dialog is the catchword of the day. Everybody knows students will engage in the much-talked-about discussions with the Armed Forces.And, for the first time since the New Order, it is assumed that there are valid reasons behind the...
Thu, 09 Apr 1998
Irian aid rotting, may be discarded
Irian aid rotting, may be discarded JAYAPURA, Irian Jaya: Hundreds of boxes of noodles and some 50 tons of rice bound for famished-stricken regencies in Irian Jaya may have to be thrown away because they are quickly going rotten.The head of the government administration in Puncak Jaya regency, H.
Thu, 09 Apr 1998
Govt to float seven state firms in 1998/99
Govt to float seven state firms in 1998/99 JAKARTA (JP): The government is planning to divest holdings in five listed firms and float seven state-owned companies in the 1998/1999 fiscal year.State Minister of the Empowerment of State Enterprises Tanri Abeng said the government would initially...
Thu, 09 Apr 1998
Indonesia cuts projected oil price but doubts linger
Indonesia cuts projected oil price but doubts linger SINGAPORE (Reuters): Analysts said here yesterday the US$14.50 new oil price used by Indonesia for its 1998/99 budget might still be too optimistic.The regional economic downturn and efforts by Asia's refineries to boost exports could mean that...
Thu, 09 Apr 1998
All saved in ship sinking
All saved in ship sinking GENERAL SANTOS, Philippines (AP): A Philippine-registered cargo ship sank off the southern Philippines after rough seas damaged its hull and stalled its engines, the coast guard said yesterday. All 24 people on board were rescued by a passing foreign ship.
Thu, 09 Apr 1998
Belo concerned over deportation
Belo concerned over deportation DILI, East Timor: Dili Bishop Carlos Felipe Ximenes Belo expressed deep concern yesterday over the plight of Indonesians being deported from Malaysia, Antara reported."I sent the letter (stating concern) last April 4 to Minister of Manpower Theo Sambuaga, House of...
Thu, 09 Apr 1998
Indonesia sends six cyclists to the Philippines for tour
Indonesia sends six cyclists to the Philippines for tour JAKARTA (JP): Asian Games cycling hopeful Tonton Susanto will lead Indonesia's squad at the Marlboro Centennial Tour of the Philippines from April 15 to May 3.
Thu, 09 Apr 1998
2,675 jobless get free meals
2,675 jobless get free meals BOGOR (JP): Bogor mayoralty secretary R. Iswara Natanegara said yesterday 2,675 jobless people would get free meals for seven days until Sunday.Iswara said that those receiving free meals were local destitute residents. The total value of the meals is Rp 28 million.
Thu, 09 Apr 1998
RI expects good start at Thomas, Uber Cups
RI expects good start at Thomas, Uber Cups JAKARTA (JP): Indonesia expects a comfortable start in its defense of both the Thomas Cup and Uber Cup world badminton team titles in Hong Kong where it will meet low-rated contenders in opening matches.
Thu, 09 Apr 1998
Condo tycoon held at AG office
Condo tycoon held at AG office JAKARTA (JP): The Attorney General's Office is detaining a condominium tycoon on suspicion of embezzling Rp 65 billion (US$7.6 million) in state money.Barman, a spokesman for the Attorney General's Office, said Monday that the suspect, Seno Margono, alias Tjiang Lek...
Thu, 09 Apr 1998
Taman Mini to celebrate its 23rd anniversary
Taman Mini to celebrate its 23rd anniversary JAKARTA (JP): Taman Mini Indonesia Indah is holding a series of traditional arts attractions, which will begin on April 11, to commemorate its 23rd anniversary.