Archive: 19 May 1998
58 articles found
Tue, 19 May 1998, 00:00 WIB
Remain of burn victims laid to rest in mass burial
Remain of burn victims laid to rest in mass burial JAKARTA (JP): A sweltering sun at Pondok Ranggon cemetery in East Jakarta did nothing to dry the tears streaming down people's faces as remains of 113 of their relatives, burned to death in the recent riots, were buried yesterday. A similar gloomy scene was evident at the Selapajang cemetery in Batu Ceper, Tangerang, where 131 corpses plus 30 bags of human remains were buried.
Tue, 19 May 1998, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on May 18, 1998: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 600 0 0 AHAP Insurance 500 0 0 Alter Abadi 750 0 0 Alumindo Light Metal 200 -25 15,000 Alumindo Perkasa 350 0 0 Aneka Kimia Raya 300 0 1,500 Aneka Tambang 1,150 -75 1,684,500 Anwar Sierad 125 -25 99,500 Apac Centertex Corp.
Tue, 19 May 1998, 00:00 WIB
Buying spree continues amid fears of rioting
Buying spree continues amid fears of rioting JAKARTA (JP): Residents were out on the second day of a buying spree yesterday amid lingering fears of fresh outbreaks of rioting, despite the facade of normality which has returned to the capital. The most visible rush was seen in the few shopping centers which survived last week's looting spree. Thousands of people queued for hours to withdraw cash from automatic teller machines, and money changers reported a surge in the sale of U.S. dollars.
Tue, 19 May 1998, 00:00 WIB
Soeharto meets aides to discuss resignation call
Soeharto meets aides to discuss resignation call JAKARTA (JP): Following House Speaker Harmoko's call for his resignation, President Soeharto spent hours last night consulting with Vice President B.J. Habibie, the leaders of the Armed Forces and several aides. Armed Forces Commander Gen. Wiranto, Army Chief of Staff Gen. Subagyo H.S. and Chief of the Army's Strategic Reserves' Command (Kostrad) Lt. Gen. Prabowo Subianto were among those who visited Soeharto at his residence on Jl.
Tue, 19 May 1998, 00:00 WIB
Harmoko's announcement brings cheers
Harmoko's announcement brings cheers JAKARTA (JP): Yes! This is how many people reacted yesterday when asked to comment about the plan of the House of Representatives (DPR) leadership to urge President Soeharto to step down. The instant cheers, however, were quickly followed by worries about who would succeed Soeharto and events that might happen during a possible handover. Some did not even believe what House Speaker Harmoko announced.
Tue, 19 May 1998, 00:00 WIB
Botanical gardens revel on birthday
Botanical gardens revel on birthday BOGOR (JP): The famed Bogor Botanical Gardens, a flora research center which celebrated its 181st anniversary yesterday, is merely recreational park to most visitors, its manager Dedy Darnaedi said yesterday. "Most visitors just come, take a look around the gardens, relax and then go home," he said.
Tue, 19 May 1998, 00:00 WIB
Forest fires cause $900m losses
Forest fires cause $900m losses By Hotib JAKARTA (JP): Indonesian forests are vulnerable to fires which inflict losses, both economically and environmentally. From July to September last year, enormous forest fires occurred in Sumatra and Kalimantan, causing direct economic losses of billions of dollars, inflicting health problems nationally and internationally and jeopardizing transportation.
Tue, 19 May 1998, 00:00 WIB
Sumitro, a general willing to resign
Sumitro, a general willing to resign From Republika I would like to respond to a news report in this newspaper of May 12, 1998 titled Pak Mitro Menghadap Ilahi (Pak Mitro dies). The report contains, among others, the following: "According to the Army chief, Gen. Subagyo HS, Pak Mitro's conviction that he had failed in his duties, leading to his resignation, was not part of the Indonesian culture.
Tue, 19 May 1998, 00:00 WIB
Bailout bungle
Bailout bungle If the banks reopen in Jakarta today (May 18, 1998) and resume clearing foreign exchange transactions which have been suspended since last week's rioting, then at least the International Monetary Fund will be physically able to hand over the next tranche of its bailout package, due for delivery this week.
Tue, 19 May 1998, 00:00 WIB
Coffee price firm on Indonesian fears
Coffee price firm on Indonesian fears LONDON (Reuters): LIFFE robusta futures firmed in quiet trade yesterday morning on continued concern over Indonesian unrest, traders said. Benchmark July beat its opening call of unchanged to US$10 lower and opened $40 up but then idled through the rest of the session, trading in a $19 range. It was just off its highs, $55 up at $1,935, at the break, accounting for 739 of the 1,219 lots traded.
Tue, 19 May 1998, 00:00 WIB
Mitsubishi halts Gresik plant
Mitsubishi halts Gresik plant TOKYO (Reuters): Japan's second largest copper smelter Mitsubishi Materials Corp said yesterday it might temporarily halt construction of the Gresik smelter in Indonesia due to upheaval in the country. "We may stop construction (of the Gresik smelter) temporarily. However, the situation (in Indonesia) does not yet allow us to make a final decision," said a spokesman at Mitsubishi Materials.
Tue, 19 May 1998, 00:00 WIB
Anti-Chinese feeling not strong in Asia
Anti-Chinese feeling not strong in Asia TAIPEI (Reuters): Southeast Asia's financial woes and a simmering political crisis in Indonesia have hurt firms owned by ethnic Chinese but many regional executives said yesterday they believed anti-Chinese sentiment was rare.
Tue, 19 May 1998, 00:00 WIB
Plan to reshuffle cabinet
Plan to reshuffle cabinet From Neraca A cabinet reshuffle planned in the framework of the government's version of reforms can be seen as a tentative move to improve the situation. However, the present stage is already very critical. Therefore, a reshuffle will not carry much weight for the development of the situation.
Tue, 19 May 1998, 00:00 WIB
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on May 18, 1998: Buying Selling Rp Rp U.S.
Tue, 19 May 1998, 00:00 WIB
Amex steps up support service
Amex steps up support service JAKARTA (JP): American Express has provided additional emergency support service to assist customers in Indonesia and those who have had to leave the country, the company said yesterday. A company vice president Marek H. Luba said in a statement that the American Express travel office here was continuing to provide services amid the current difficulties and extra measures were being taken to ensure maximum protection for both staff and customers.
Tue, 19 May 1998, 00:00 WIB
The House and reform
The House and reform The wind of change is blowing through this country at unbelievable speed and nobody seems able to stop the very force of this phenomenon. Yesterday's decision by the House of Representatives leadership to support popular calls for President Soeharto to step down is one of the greatest surprises in the course of our nation's struggle for complete reform.
Tue, 19 May 1998, 00:00 WIB
S&P lowers ratings of 11 RI companies
S&P lowers ratings of 11 RI companies MELBOURNE (Reuters): Standard & Poor's Corp said yesterday that it had cut the credit ratings of 11 Indonesian corporates, with all ratings on creditwatch with negative implications.
Tue, 19 May 1998, 00:00 WIB
Caltex workers staying put
Caltex workers staying put PEKANBARU, Riau: The joint venture oil company, PT Caltex Pacific Indonesia (CPI), here has no plans as yet to evacuate its foreign employees, despite a mass exodus of foreigners due to widespread rioting in Jakarta last week. No CPI employee or his family has left Indonesia but they were advised not to leave Pekanbaru for unimportant reasons, company spokesman Harry Bustaman was quoted as saying by Antara yesterday.
Tue, 19 May 1998, 00:00 WIB
Stocks down, rupiah weak over concerns
Stocks down, rupiah weak over concerns JAKARTA (JP): Share prices on the Jakarta Stock Exchange fell 4.2 percent yesterday, dragged down by a fall in politically well-connected stocks, while the rupiah remained weak, dealers and stockbrokers said. They said the continued dumping of politically well-connected stocks pushed down the Jakarta Stock Exchange (JSX) Composite Index to below the 400 point level.
Tue, 19 May 1998, 00:00 WIB
Where to go in Bandung:
Where to go in Bandung: Exhibition * Art exhibition: Recent Works 1996-1998, by Susanna Samanek, at Galeripadi, Jl. Ir. H. Juanda 329, Bandung (Phone: 022 2500578), Tuesday to Sunday, 10 a.m. to 8 p.m., until May 31. Film * French Film at CCF - French Cultural Center, Jl. Purnawarman 32, Bandung (Phone: 022 4212417), 4 p.m.: Le Rouge Et Le Noir, May 25. Music and Entertainment * Hotel Papandayan Jl. Gatot Subroto No. 83 (Phone: 022 310799): - The Burangrang Lounge at 7 p.m.
Tue, 19 May 1998, 00:00 WIB
Hartono lashes out at former ministers
Hartono lashes out at former ministers JAKARTA (JP): Minister of Home Affairs R. Hartono poured scorn on former cabinet members yesterday for criticizing President Soeharto, saying they would have resigned during their ministerial tenures if they had guts. "They can talk now. Why didn't they convey the same message when they were still ministers. If they didn't agree with the policies then, why didn't they leave their office?" Hartono said.
Tue, 19 May 1998, 00:00 WIB
S'pore sees no recession from riot-jolted Indonesia
S'pore sees no recession from riot-jolted Indonesia SINGAPORE (Reuters): Singapore said yesterday it expected its economy to grow by between 2.5 and 4.5 percent this year, despite the financial crisis sweeping across Southeast Asia in recent months. The Ministry of Trade and Industry said it was maintaining the projection, which it first made in February, assuming there was no major change in the external environment.
Tue, 19 May 1998, 00:00 WIB
Foreign banks offer to assist RI privatization
Foreign banks offer to assist RI privatization JAKARTA (JP): State Minister for the Empowerment of State Enterprises Tanri Abeng said yesterday 21 foreign investment banks had offered to underwrite the divestment of the government's shares in 12 state firms. Tanri told the media after meeting President Soeharto that the government would probably choose 10 out of the 21 banks to help the privatization program, along with 10 local firms.
Tue, 19 May 1998, 00:00 WIB
Vietnam rice exports stable despite Indonesian chaos
Vietnam rice exports stable despite Indonesian chaos HANOI (Reuters): Vietnam's rice exports have not been affected by turmoil in Indonesia as most directly-signed contracts between dealers in the two countries were delivered by March, traders said yesterday. But some rice continued to be shipped through intermediaries, they added.
Tue, 19 May 1998, 00:00 WIB
Palm market eyes RI unrest
Palm market eyes RI unrest KUALA LUMPUR (Reuters): Asian palm oil markets are expected to be cautious this week with the market focused on the unrest in Indonesia, regional traders said. Traders in Malaysia said currency movements and the trend in European vegetable oil markets would dictate price direction. "The market is going to be quiet. Everyone seems to be in a wait-and-see position. We will see what's going to happen this afternoon," said one trader.
Tue, 19 May 1998, 00:00 WIB
Maj. Gen. Suaidi sworn into Sulawesi command
Maj. Gen. Suaidi sworn into Sulawesi command UJUNGPANDANG, South Sulawesi (JP): Maj. Gen. Suaidi Marasabessy was sworn in yesterday as commander of the Wirabuana Military Command overseeing Sulawesi, replacing Lt. Gen. Agum Gumelar. The inauguration was held during a military ceremony attended by Army Deputy Chief of Staff Lt. Gen. Sugiyono and Sulawesi Governor H.Z.B. Palaguna. Suaidi was previously assistant operations chief for the Army commander.
Tue, 19 May 1998, 00:00 WIB
Gen. Wiranto warns certain groups plan greater unrest
Gen. Wiranto warns certain groups plan greater unrest JAKARTA (JP): Minister of Defense and Security Affairs/Armed Forces Commander Gen. Wiranto warned yesterday that a certain group was planning to incite greater unrest to coincide with the historic National Awakening Day tomorrow. "The fires in government buildings, shops and people's houses are not even cold yet...
Tue, 19 May 1998, 00:00 WIB
BHP's plants remain closed
BHP's plants remain closed PERTH (Reuters): Australia's largest industrial group, The Broken Hill Pty. Co. Ltd., said yesterday it had no immediate plans to reopen its Indonesian steel operations, which were closed last week after riots broke out in Jakarta. "We're just monitoring the situation," a BHP spokesman said. BHP shut down its four steel coating and rolling plants around Jakarta, but has kept its coal mining operations in East Kalimantan province operating, the spokesman said.
Tue, 19 May 1998, 00:00 WIB
Hariyanto stars as RI into Thomas Cup semis
Hariyanto stars as RI into Thomas Cup semis HONG KONG (Reuters): Former world champion Hariyanto Arbi inspired holder Indonesia into the semifinals of badminton's Thomas Cup men's team championship with a 4-1 win over South Korea yesterday. World number seven Hariyanto, struggling with cramp early in the match, fought back from 10-14 down in the opening game to beat Hwang Sun-ho 17-14, 15-0 and set the tone for the other singles players.
Tue, 19 May 1998, 00:00 WIB
Thousands demand Soeharto's resignation at House
Thousands demand Soeharto's resignation at House JAKARTA (JP): Thousands of students and community leaders swamped the House of Representatives/People's Consultative Assembly complex yesterday, conveying loudly their demands that the legislative body set in motion procedures to force President Soeharto to step down. Reaching the compound in waves of buses and other means of transport, the protesters took over commission rooms and would not budge until legislators appeared.
Tue, 19 May 1998, 00:00 WIB
Amien Rais' legitimacy
Amien Rais' legitimacy From Merdeka After returning from foreign visits (to the U.S. and Germany), Amien Rais made a surprising gesture that he would form a Council of People's Mandate and on May 20 this council would "go public". There were various comments and reactions to Amien Rais' statement as far as the council was concerned. Irsyad Sudiro, chairman of the Golkar's faction, commented that Amien Rais did not know much about the House's recent activities (Merdeka, May 14).
Tue, 19 May 1998, 00:00 WIB
Chronology of recent major events
Chronology of recent major events JAKARTA (JP): This is the chronology of major events leading up to yesterday's announcement by Harmoko, speaker of the House of Representatives and chairman of the People's Consultative Assembly (MPR), that he will ask President Soeharto to resign. Not all student demonstrations are mentioned here since they have been taking place almost daily since March. March 9: MPR chairman Harmoko and his deputies -- Lt. Gen.
Tue, 19 May 1998, 00:00 WIB
100 chartered planes allowed to pick up foreign nationals
100 chartered planes allowed to pick up foreign nationals JAKARTA (JP): The Ministry of Communications has allowed more than 100 chartered flights to touch down over the past several days since riots hit Jakarta, mostly to carry foreign nationals out of the country, a senior official said here yesterday.
Tue, 19 May 1998, 00:00 WIB
Plan to cut public transportation tariffs opposed by bus owners
Plan to cut public transportation tariffs opposed by bus owners JAKARTA (JP): Governor Sutiyoso's plan to reduce public transport fares following the government's announcement to cut back the increase in fuel prices was rejected by several bus company officials yesterday. Secretary of the Jakarta Public Transportation Cooperative (Kopaja), Mochtar Sholeh, said his office was against the idea. "Kopaja will certainly reject the idea. It will only cause us more losses.
Tue, 19 May 1998, 00:00 WIB
S'pore's OUB sees more risk from Indonesia
S'pore's OUB sees more risk from Indonesia SINGAPORE (Reuters): The head of one of Singapore's biggest banks said yesterday Indonesia's escalating crisis had increased the risk of bank lending there and would probably lead his group to make further provisions for possible losses.
Tue, 19 May 1998, 00:00 WIB
Foreign students at UGM want to leave Indonesia
Foreign students at UGM want to leave Indonesia YOGYAKARTA (JP): Seventy-six foreign students studying at Gadjah Mada University want to leave the country before tomorrow. The university's assistant rector, Joedoro Soedarsono, told The Jakarta Post that the 76 students were concerned for their safety and feared a further escalation in violence tomorrow. He did not say whether they had already departed.
Tue, 19 May 1998, 00:00 WIB
People can't stop talking about 'Gray Thursday'
People can't stop talking about 'Gray Thursday' JAKARTA (JP): The rioting and looting in Greater Jakarta last Thursday is still a hot topic even though business as usual resumed in the capital yesterday. People still comment on the widespread damage done to buildings as they travel through riot-hit areas of the city on public transportation. For many, yesterday was the first time they had been exposed to the ghastly wake of the social uprising.
Tue, 19 May 1998, 00:00 WIB
Habibie may take power if Soeharto steps down
Habibie may take power if Soeharto steps down JAKARTA (JP): Vice President B.J. Habibie will succeed President Soeharto if the latter resigns as requested by House Speaker Harmoko yesterday, a constitutional law expert said. Yusril Ihza Mahendra from University of Indonesia in Jakarta said that if Soeharto agreed to voluntarily step down, then there was no need for Harmoko to call an extraordinary session of the People's Consultative Assembly (MPR) to elect a successor.
Tue, 19 May 1998, 00:00 WIB
Rates for Tax Payment
Rates for Tax Payment JAKARTA (JP): The new official conversion rates as the basis for payment of import duty, value-added tax on goods and services, sales tax on luxury goods, export tax and income tax, valid from May 18 to May 24: U.S.
Tue, 19 May 1998, 00:00 WIB
RI: The evolution of revolution
RI: The evolution of revolution By Gwynne Dyer LONDON (JP): Everybody by now knows the drill for non-violent revolution -- in the past decade it has picked off tough targets like the South Korean generals, the Soviet Communist Party, and the apartheid regime in South Africa. But it is still very hard to do, as the survivors of Tiananmen Square know to their cost -- and as the students in Jakarta have just learned.
Tue, 19 May 1998, 00:00 WIB
Fragile Indonesia, yen lead Asian markets lower
Fragile Indonesia, yen lead Asian markets lower SINGAPORE (Reuters): Fears of renewed violence in Indonesia and record lows for the yen pushed Asian markets downwards on Monday. Shares in Hong Kong, Southeast Asia and Australia closed lower, although the Tokyo stock market managed to recover from a morning slide to close 0.9 percent higher at 15,384.5. Hong Kong's Hang Seng Index lost 1.3 percent and ended at 9,412.0.
Tue, 19 May 1998, 00:00 WIB
TV today
TV today TVRI 2:00 p.m. News: Berita 14 2:35 Children's Film 3:05 Children's Program: Album Kenangan Anak 3:30 Village Program 4:00 Regional News 4:30 Music: Lagu Pop Daerah 5:00 English Lessons 5:30 Documentary 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 Song and Profile 8:00 News: Lintasan Berita 8:05 Song and Profile (contd.) 8:30 Talk Show: Dialog 9:00 World News 9:35 Music: Kenangan Masa 10:30 Late News 10:40...
Tue, 19 May 1998, 00:00 WIB
ADB delays RI meeting
ADB delays RI meeting MANILA (Reuters): A planned Asian Development Bank (ADB) board meeting set for yesterday to discuss a US$1.5 billion loan to Indonesia has been postponed again, a Bank spokesman said. "It is being rescheduled," he said without giving further details. The meeting had originally been set for May 14 but was delayed by one board governor for "procedural reasons." The ADB loan is part of a bail-out package for the crisis-hit country being led by the International Monetary Fund.
Tue, 19 May 1998, 00:00 WIB
High cost of education
High cost of education From Pikiran Rakyat I am confused as to whom I should direct my questions about opportunities of kids to get a proper education. My questions are as follows: 1. Can schoolchildren of elementary and secondary levels take the semester examination before they pay the school and the education management board contributions? 2. Can they further their education if the 1997/1998 financial obligations are still outstanding? 3.
Tue, 19 May 1998, 00:00 WIB
School's out until Friday, new spate of unrest feared
School's out until Friday, new spate of unrest feared JAKARTA (JP): Elementary and high school students have been given three days off as fears of fresh rioting grip the capital, a City Education and Culture Office staffer said yesterday. Usman, from the office's administrative affairs section, said the office had issued a letter dated May 17 which informed the students that the impromptu vacation would be from yesterday through Wednesday.
Tue, 19 May 1998, 00:00 WIB
Looted goods confiscated
Looted goods confiscated BOGOR (JP): Police have confiscated several items believed to be parts of those looted during last week's rioting in Jakarta brought by seven train passengers to Bogor, an officer said yesterday. Bogor Police Precinct chief Lt. Col. Edmond Ilyas said that the goods were confiscated at the Bogor railway station on Saturday and Sunday. "The confiscated goods consist of five carpets, two pairs of scales and electronic products," he said.
Tue, 19 May 1998, 00:00 WIB
Foreigners steer clear of the Indonesian turmoil
Foreigners steer clear of the Indonesian turmoil SINGAPORE (Reuters): Nervous investors acted yesterday to secure themselves against unrest in Indonesia, as Thai exporters backed away from Indonesian letters of credit and two major loans stalled. As student protests persisted in Jakarta after last week's riots in which at least 500 died, business people in Indonesia's neighbors took steps to insulate themselves from any economic fallout.
Tue, 19 May 1998, 00:00 WIB
Major banks vow to fill up ATMs in cash scramble
Major banks vow to fill up ATMs in cash scramble JAKARTA (JP): Major local banks pledged yesterday to provide more cash to their customers as thousands of people braved long queues behind automatic teller machines (ATMs). Customer service officials at Bank International Indonesia (BII), Bank Bali and Bank Central Asia (BCA) said the banks had injected billions of rupiah into their ATMs to ensure that all customers would be able to withdraw money.
Tue, 19 May 1998, 00:00 WIB
Insurance companies await huge claims
Insurance companies await huge claims JAKARTA (JP): Insurance companies are nervously waiting for claims from owners of cars and properties damaged during three days of riots and arson in Jakarta and nearby towns last week to start pouring in. G. Sulistiyanto, managing director of LG Simas Insurance, a company which provides riot-risk coverage, said his company was still waiting for claims from clients affected by the arson and looting.
Tue, 19 May 1998, 00:00 WIB
Nyoman cleanses the world through art
Nyoman cleanses the world through art By Jean Couteau DENPASAR (JP): It is not often that art work strikes one as unique, great, eternal. This is why we critics are such masters of creating complicated sentences and ambiguous words. We too often avoid making judgments. But great works do speak. And speak they did in the case of Nyoman Erawan's Cleansing of the World installation performance, a stunning reinvention of a Balinese ritual as a magical contemporary show.
Tue, 19 May 1998, 00:00 WIB
Reforms agenda
Reforms agenda I thank President Soeharto for showing his political will to conduct political reform. What is required now is the courage to make choices of what is to be reformed, which would be given priority. The House of Representatives will have to decide the choices and set priorities based on inputs received from within the House, the government and from society.
Tue, 19 May 1998, 00:00 WIB
Inco has normal operations
Inco has normal operations SINGAPORE (Reuters): The mine and smelter operations of PT International Nickel Indonesia in Saroako, central Sulawesi, are working normally, Ted Hodkin, the firm's chief operating officer, said on Monday. "It's all normal here. You have to keep in mind we are in a relatively isolated location," he told Reuters by telephone from Saroako.
Tue, 19 May 1998, 00:00 WIB
Rubber standstill on RI
Rubber standstill on RI SINGAPORE (Reuters): Fears of more riots in Indonesia are likely to keep rubber players on the sidelines but prices could be supported by such worries, Asian traders said yesterday. "There hasn't been any spot impact so far but sentiment is very nervous and prices should not go down. Everyone is waiting to see what will happen in Indonesia next," said one Singapore- based trader. Indonesian traders expected a quiet market after last week's riots in Jakarta.
Tue, 19 May 1998, 00:00 WIB
Plane mishap under probe
Plane mishap under probe KENDARI, Southeast Sulawesi: Investigators said yesterday that Friday's abortive takeoff of Merpati's flight MZ-715 at Wolter Mongisidi Airport was caused by an unlocked baggage compartment door. The head of the investigation team, Cpt. Santoso Sayogo, said warning lights went on just as the plane was about to take off, forcing the pilot to abort. The pilot lost control and could not stop the plane as it skidded off the runway, Santoso said as quoted by Antara yesterday.
Tue, 19 May 1998, 00:00 WIB
Tourist sector in doldrums
Tourist sector in doldrums PALANGKA RAYA, Central Kalimantan: The Association of Indonesian Tours and Travel Agencies (ASITA) was urged by its chairman yesterday to find ways to revive the country's tourist industry, battered by the monetary crisis and recent unrest. Negative reports regarding the situation in Indonesia have contributed to the worsening state of the tourist industry, Sri Mulyono Herlambang said when opening the meeting of the association's chapter here.
Tue, 19 May 1998, 00:00 WIB
Clinton calls for calm in Indonesian turmoil
Clinton calls for calm in Indonesian turmoil LONDON (AP): With growing calls seeking President Soeharto's resignation, President Clinton said yesterday that Indonesia's people should decide who leads the country -- and predicted that the fast-moving situation "may be clearer" by day's end. "We want this country to come back together, not come apart," the president said after a meeting with European Union leaders.
Tue, 19 May 1998, 00:00 WIB
Harmoko asks Soeharto to resign
Harmoko asks Soeharto to resign JAKARTA (JP): House of Representatives Speaker Harmoko asked President Soeharto yesterday to step down for the sake of the country's unity. But Armed Forces Chief Gen.
Tue, 19 May 1998, 00:00 WIB
Grain trade with RI in virtual halt
Grain trade with RI in virtual halt SINGAPORE (Reuters): The uncertainty in Indonesia has brought grain flows there to a near halt, and traders said yesterday they expected little or no movement until the political situation stabilizes. "Things are out of control in Indonesia. The market will not be quiet, it will be dead," said one Singapore-based trader with a U.S. commodity house. "If there are very good profits, some people may still take a risk and do business with Indonesia.