Archive: 18 May 1998
58 articles found
Mon, 18 May 1998
Asian crises a test to Japanese diplomacy
Asian crises a test to Japanese diplomacyBy Brian Williams TOKYO (Reuters): This is not the best of times to be the world's biggest aid donor.After years of reaping business benefits from giving generous aid, Japan finds itself in the thick of a host of crises in its own backyard of Asia that have...
Mon, 18 May 1998
Singapore faces risk from RI woes
Singapore faces risk from RI woes SINGAPORE (Reuters): Singapore faces more risks from the political and economic chaos sweeping Indonesia than many people think and the city-state's financial markets have still not fully taken this into account, economists say.
Mon, 18 May 1998
City expects to see fresh mass protests
City expects to see fresh mass protests JAKARTA (JP): After calm descended on the capital over the weekend, people are expecting to see mass protests demanding President Soeharto's resignation.A student at University of Indonesia said that representatives, alumni and lecturers of dozens of...
Mon, 18 May 1998
Thai, Brunei leaders concerned by RI riots
Thai, Brunei leaders concerned by RI riots BANGKOK (Agencies): The leaders of Thailand and Brunei have expressed concern over the upheaval in fellow Association of Southeast Asian Nations (ASEAN) member Indonesia and hope the unrest ends soon.
Mon, 18 May 1998
Pertamina plans to redesign Balongan refinery
Pertamina plans to redesign Balongan refinery JAKARTA (JP): State oil and gas company Pertamina plans to redesign its US$2 billion Balongan refinery in West Java following intermittent production problems.
Mon, 18 May 1998
U.S. firms close offices, pull workers from Indonesia
U.S. firms close offices, pull workers from Indonesia BOSTON (Reuters): Widespread rioting in Jakarta prompted at least a dozen major U.S. companies to close their offices or curtail operations in the Indonesian capital Friday and evacuate employees and their families.American Express Co.
Mon, 18 May 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Cartoon Exhibition: Population Issue, by Cartoonists from 9 countries in Asia, 10 a.m. to 5 p.m., Gallery Pasar Seni Jaya Ancol, Jl. Lodan Timur, North Jakarta, until May 31. * Art Exhibition: Works of Suromo, at Lontar Gallery, Jl.
Mon, 18 May 1998
Market operation to be resumed
Market operation to be resumed JAKARTA (JP): The city administration will resume selling essential foodstuffs directly to the public at reduced prices following last week's riots, a senior official says.
Mon, 18 May 1998
Activists set up posts to help riot victims
Activists set up posts to help riot victims JAKARTA (JP): Human rights activists, namely Volunteers for Humanity, have set up monitoring posts at a number of strategic city locations to help riot related victims.
Mon, 18 May 1998
Ambulances idle due to riots
Ambulances idle due to riots JAKARTA (JP): Five of nine ambulances belonging to Cipto Mangunkusumo Hospital were out of operation on Thursday night because of a shortage of fuel.Many gasoline filling stations closed after rioting erupted on Wednesday."It was a long and tiring night.
Mon, 18 May 1998
Pasar Jaya gets official backing over policy row
Pasar Jaya gets official backing over policy row JAKARTA (JP): A municipality investigation team has found nothing wrong with the city-owned market management company PD Pasar Jaya's decision to raise parking fees without the governor's consent.
Mon, 18 May 1998
Looting, arson cost retail stores $60m in financial losses
Looting, arson cost retail stores $60m in financial losses JAKARTA (JP): Indonesian retail stores may lose about Rp 600 billion (US$60 million) from the two days of looting, rioting and arson in the capital and nearby towns last week, a retail store association executive said.
Mon, 18 May 1998
Indonesia given fright by unheralded Dutch
Indonesia given fright by unheralded Dutch HONG KONG (Reuters): Holder Indonesia nearly paid the price for resting top singles player Susi Susanti yesterday when they just edged Netherlands 3-2 to reach the semifinals of the Uber Cup women's team championship.
Mon, 18 May 1998
People queue for hours to get cash at ATMs
People queue for hours to get cash at ATMs JAKARTA (JP): Jakarta residents were forced to queue for hours at automatic teller machines (ATMs) in shopping centers and business areas yesterday after last week's temporary bank closures prompted by Thursday's rioting.
Mon, 18 May 1998
The six Trisakti students
The six Trisakti studentsFrom NeracaThe death of six Trisakti University students in Jakarta and the injury to others by security forces amid the peaceful actions of concern by students have saddened and angered us all. The event was anarchistic and savage.
Mon, 18 May 1998
Achmad denies rift with Habibie on ICMI statement
Achmad denies rift with Habibie on ICMI statement JAKARTA (JP): The acting chairman of the influential Association of Indonesian Moslem Intellectuals (ICMI), Achmad Tirtosudiro, has denied there is any split in the organization's leadership and insists that differences have been settled.
Mon, 18 May 1998
More support for reform
More support for reform Support for the idea of total and peaceful political reform is pouring in from people of all ages and walks of life. These people's voices are being clearly heard above the boisterous mayhem and worsening economic crisis gripping the country.
Mon, 18 May 1998
RI needs new political party
RI needs new political partyBy Vedi R. Hadiz JAKARTA (JP): The present crisis of confidence in the government stems from the fact that the vast majority of the population feels their aspirations and interests are not being represented in the existing political system.
Mon, 18 May 1998
Legislators threaten to resign
Legislators threaten to resign MEDAN, North Sumatra: The speaker of the provincial legislature, Mat Iskak, claimed yesterday that as many as 54 legislators were ready to resign if the political, economic and legal reforms demanded by the people failed to be achieved.
Mon, 18 May 1998
Bus owners need safety guarantee
Bus owners need safety guarantee JAKARTA (JP): Most buses in the city have remained off the street because there is no guarantee for their safety against continuing mob violence, an official said Saturday.
Mon, 18 May 1998
RP trader abducted
RP trader abducted MANILA (AP): Kidnappers wearing ski masks seized a wealthy trader in a crowded southern Philippine commercial district in an abduction linked to a family feud, police said yesterday.Police said Emilio Enriquez was walking toward a family-owned store in Zamboanga City's downtown...
Mon, 18 May 1998
Malaysia sells COP to China
Malaysia sells COP to China KUALA LUMPUR (AP): A trade mission led by the Minister of Primary Industries, Lim Keng Yaik, will ask China to buy more Malaysian palm oil, a news report said Saturday.Palm oil export quotas to China, which totaled 1.
Mon, 18 May 1998
Japan to push for continued aid to RI
Japan to push for continued aid to RI BIRMINGHAM, England (AP): The turmoil in Indonesia indicates the need for political and economic reform, but should not derail aid programs through the International Monetary Fund, a senior Japanese government official said Friday.
Mon, 18 May 1998
Expensive art sells amid crises
Expensive art sells amid crises SINGAPORE (AP): Despite riots in Indonesia and a worsening economic slowdown across the region, Singaporean and Indonesian collectors are spending lavish amounts on art.An auction organized by Sotheby's netted S$2.85 million (US$1.
Mon, 18 May 1998
Milking consumers
Milking consumersFrom KompasI am a housewife and have a two-and-half-year- old child. She still drinks Procal milk, a product of PT Sugizindo. My question is: Why doesn't the price of milk go down as the prices of other commodities have? In fact, the government has announced that the price of milk...
Mon, 18 May 1998
Singapore hotels filling fast with evacuees from Indonesia
Singapore hotels filling fast with evacuees from Indonesia SINGAPORE (AP): It may be all woe in Indonesia, but Singapore seems to be profiting in part from the chaos of its riot-torn neighbor.The small city-state's previously low hotel occupancy have been receiving a boost from an unexpected source...
Mon, 18 May 1998
Firefighters overwhelmed
Firefighters overwhelmed JAKARTA (JP): Firefighters admitted Saturday that they could do very little during last week's three-day orgy of burning throughout the city."Frankly speaking, we are overwhelmed because so many buildings caught fire in so many places at the same time," said Johnny...
Mon, 18 May 1998
Canadian firms vow to operate in RI
Canadian firms vow to operate in RI TORONTO (Reuters): Canadian companies based in Indonesia said on Friday their operations were largely unaffected by the civil unrest threatening to topple President Soeharto, but some firms have moved to evacuate employees.
Mon, 18 May 1998
Graceful exit
Graceful exit For 32 years, President Soeharto has firmly, and largely effectively, guided the development of a vast, crowded, multi- racial archipelago.Since he came to power in the mid-1960s, during a time of terrible bloodletting openly encouraged by the military, he took Indonesia from dreadful...
Mon, 18 May 1998
Police investigate striptease joint
Police investigate striptease joint TULUNGAGUNG, East Java: Tulungagung Police will summon the owners of the Gorga Restaurant dan Karaoke for allegedly having striptease shows in their establishment.Chief of the Tulungagung Police Resort, Lt. Col.
Mon, 18 May 1998
Bank Indonesia reopens today
Bank Indonesia reopens today JAKARTA (JP): Bank Indonesia, the central bank, announced yesterday that all banking operations, including interbank clearing, would resume today.The central bank halted all clearing on Thursday and Friday because of widespread rioting in the city.
Mon, 18 May 1998
S&P cuts Indonesia credit ratings
S&P cuts Indonesia credit ratings NEW YORK (Reuters): Standard & Poor's yesterday lowered its rating on the Republic of Indonesia's US$400 million Yankee bond due 2006 to triple-'C'-plus from single-'B'-minus.
Mon, 18 May 1998
IMF wants to continue support
IMF wants to continue support WASHINGTON (Agencies): The International Monetary Fund is concerned that deepening civil unrest in Indonesia could slow the country's economic reforms and delay the return of investor confidence.
Mon, 18 May 1998
Yogyakarta reporters tagged
Yogyakarta reporters tagged YOGYAKARTA (JP): Journalists in Yogyakarta hopefully can feel more secure when covering demonstrations after the local branch of the Indonesian Journalist Association gave out special identification cards.
Mon, 18 May 1998
Thai exporters ponder RI risk
Thai exporters ponder RI risk BANGKOK (Reuters): Thai exporters are re-evaluating risks on orders for delivery of 200,000 tons of rice in June to Indonesia due to tensions there, the Nation newspaper said on Saturday.
Mon, 18 May 1998
Indonesian upheaval disturbs commodity trade
Indonesian upheaval disturbs commodity trade SINGAPORE (Reuters): Asian traders fear any prolonged political and social upheaval in Indonesia would stifle commodity business in what is one of the world's top raw material exporters.
Mon, 18 May 1998
Obtaining credit harder after downgrade
Obtaining credit harder after downgrade SINGAPORE (Reuters): Indonesia's latest credit rating downgrade signals concern going beyond its already battered corporate borrowers, economists said yesterday.U.S.
Mon, 18 May 1998
Economy worsens, reshuffle won't help: Economists
Economy worsens, reshuffle won't help: Economists JAKARTA (JP): Last week's outrageous riots have severely damaged Indonesia's economy, and a mere cabinet reshuffle will have little impact on the recovery process, economists said yesterday."It is a devastating catastrophe...
Mon, 18 May 1998
Stock market braces for uncertain days ahead
Stock market braces for uncertain days ahead JAKARTA (JP): Stock prices on the Jakarta Stock Exchange (JSX) are likely to reel from more turbulent days this week as investors remain jittery over the country's social catastrophe, stock analysts said.
Mon, 18 May 1998
IMF to review RP economy
IMF to review RP economy MANILA (Reuters): An International Monetary Fund mission is holding talks with the Philippines this week to check whether Manila is meeting targets under a US$1.37 billion standby arrangement with the IMF, officials said yesterday."The challenge is on us.
Mon, 18 May 1998
Security personnel
Security personnel Security personnel have shown their true colors at last: shooting at students who were returning to their campus. "To shower with bullets" is no exaggeration, as could clearly be seen on TV (RCTI and SCTV).
Mon, 18 May 1998
RP banks to lower rates
RP banks to lower rates MANILA (Reuters): The Philippine central bank and the Bankers Association of the Philippines (BAP) have agreed to take further steps to lower lending rates, officials said yesterday.
Mon, 18 May 1998
Bus falls into river
Bus falls into river JAKARTA (JP): A bus plying the Kampung Rambutan-Kota route plunged into the Ciliwung river which separates Jl. Gajah Mada and Jl. Hayam Wuruk in Central Jakarta on Friday night. No fatalities were reported.
Mon, 18 May 1998
Govt reports huge losses from massive riots, lootings
Govt reports huge losses from massive riots, lootings JAKARTA (JP): The government is still estimating material losses incurred by the massive rioting, looting and burning in the capital, its surrounding towns and other provincial cities over the last three days, but said the losses would certainly...
Mon, 18 May 1998
Riot-induced losses 40 percent more than city budget
Riot-induced losses 40 percent more than city budget JAKARTA (JP): The three days of rioting in the city has left 5,000 buildings worth Rp 2.5 trillion damaged.The figure, which is 40 percent higher than the city budget for this fiscal year, was announced last night by Coordinating Minister for...
Mon, 18 May 1998
Four injured in plane mishap
Four injured in plane mishap JAKARTA (JP): Four passengers were injured when Merpati Nusantara Airlines flight MZ-715 made an abortive takeoff at Walter Monginsidi Airport in Kendari, Southeast Sulawesi, Friday.Passengers Gazali Ibrahim, L.M.
Mon, 18 May 1998
Estrada maintains big lead in Philippine presidential race
Estrada maintains big lead in Philippine presidential race MANILA (AP): President Fidel Ramos said yesterday he has invited Vice President Joseph Estrada and other candidates to discuss charges of fraud in the Philippines' presidential election and ways to ease conflicts hampering the vote count.
Mon, 18 May 1998
KL says stands by Jakarta loan plan
KL says stands by Jakarta loan plan KUALA LUMPUR (Reuters): Malaysian Prime Minister Mahathir Mohamad said on Saturday the country would go ahead with its plan to provide Indonesia with a US$250 million bridging loan despite deadly riots in Jakarta.
Mon, 18 May 1998
Ministers begin feeling heat on cabinet reshuffle rumors
Ministers begin feeling heat on cabinet reshuffle rumors JAKARTA (JP): Minister of Justice Muladi said yesterday that he did not know to what extent the cabinet would be reshuffle, but those who were obviously being replaced were feeling the heat.
Mon, 18 May 1998
Amien says MAR not meant to weaken govt
Amien says MAR not meant to weaken govt JAKARTA (JP): Moslem scholar Amien Rais has insisted that he never intended to undermine the government when he and a group of associates established the Majelis Amanah Rakyat (MAR) Council of People's Mandate.
Mon, 18 May 1998
That's justice for you...
That's justice for you... I read in the May 16 edition of Kompas daily that people fleeing the country are being charged up to Rp 5 million in unofficial levies at the Soekarno-Hatta Airport. At first, I couldn't believe it.
Mon, 18 May 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:35 TV Series: The Big Valley 3:05 Management Program: Kiat Manajemen 3:30 TV Drama: Dambaan Hati 4:00 Regional News 4:30 Creative Program: Karya Kita 5:00 Indonesian Lessons 5:30 Educational Quiz: Tangkas Cermat 6:00 News: Lintasan Berita 6:05 My Country:...
Mon, 18 May 1998
Calls for Soeharto's resignation mount
Calls for Soeharto's resignation mount JAKARTA (JP): People are getting bolder in their calls for President Soeharto to resign and allow the country to begin fresh efforts to shake off the economic crisis.
Mon, 18 May 1998
Malaysia may quit rubber body
Malaysia may quit rubber body KUALA LUMPUR (AP): Malaysia may quit the International Natural Rubber Organization if Thailand does, a newspaper said yesterday.The Sunday Star quoted Primary Industries Minister Lim Keng Yaik as saying that if both countries pull out, it could lead to a price increase...
Mon, 18 May 1998
Post of governor up for grabs
Post of governor up for grabs DENPASAR, Bali: The provincial legislator here will begin deliberating next month the 36 names submitted as gubernatorial candidates."All the names were submitted from a total of 215 official letters submitted from political organizations, social organizations,...
Mon, 18 May 1998
People buy up in fear of new riots
People buy up in fear of new riots JAKARTA (JP): Many people rushed to several traditional markets and a handful of stores, which reopened Saturday following days of unrest, to buy as large quantity of food as possible in fear of further unrest in the capital.
Mon, 18 May 1998
You are all amazing
You are all amazing To all the staff of The Jakarta Post, I wish you safety, peace and a brighter future. I want to let you know how I admire all of you and the newspaper as a brave and glittering example of Indonesian ingenuity, generosity and intellect.
Mon, 18 May 1998
Cabinet reshuffle may cause even worse unrests
Cabinet reshuffle may cause even worse unrests President Soeharto said Saturday he would accept it if the people no longer had trust in him and at the same time announced a plan to reshuffle the cabinet.