Archive: 26 May 1998
64 articles found
Tue, 26 May 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:35 Children's Film 3:05 Children's Program: Mencintai Buku 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...
Tue, 26 May 1998
Govt releases Bintang, Pakpahan from prison
Govt releases Bintang, Pakpahan from prison JAKARTA (JP): The government released yesterday two prominent political prisoners, former legislator Sri Bintang Pamungkas and labor leader Muchtar Pakpahan, under the full glare of both local and foreign media.
Tue, 26 May 1998
Violence is only the tip of iceberg
Violence is only the tip of iceberg Violence can take on many forms and the one that utterly manifested itself in last week's riots in Jakarta was just one of them, according to Father B.S. Mardiatmadja, a Catholic priest and a lecturer of philosophy at STF Driyarkara.
Tue, 26 May 1998
Student suspects in murder case tortured: Lawyer
Student suspects in murder case tortured: Lawyer JAKARTA (JP): Families, lecturers and students connected to Bogor's Juanda University told the National Commission on Human Rights yesterday that police tortured 12 students being questioned over the death of a police officer.
Tue, 26 May 1998
Marubeni to boost stake in Chandra Asri
Marubeni to boost stake in Chandra Asri TOKYO (Reuters): Marubeni Corp said yesterday it may boost its stake in Indonesia's giant petrochemical project PT Chandra Asri, taking over shares held by its cash-strapped Indonesian project partners.
Tue, 26 May 1998
Foreign media descend on troubled city
Foreign media descend on troubled city JAKARTA (JP): The capital, already swamped by students and antigovernment protesters, also dealt with an invasion of another kind -- foreign media bent on landing the scoop on the latest political developments.
Tue, 26 May 1998
IMF to begin review of Indonesian reform program
IMF to begin review of Indonesian reform program JAKARTA (JP): International Monetary Fund (IMF) Asia Pacific director Hubert Neiss is scheduled to arrive here today to assess developments in the country and evaluate progress on the economic reform program.
Tue, 26 May 1998
Goh 'relieved' at calm transition of power
Goh 'relieved' at calm transition of power JAKARTA (JP): Singapore Prime Minister Goh Chok Tong told President B.J. Habibie that he was relieved political succession in Indonesia had proceeded peacefully and that he was looking forward to working with the new President.
Tue, 26 May 1998
Mobil weighs up move into Indonesian market
Mobil weighs up move into Indonesian market SINGAPORE (AP): Mobil Corp. is open to buying refineries with a good customer base, especially in the lube oil business, and would consider distribution in Indonesia if "a level playing field" were created by the new government, the U.S.
Tue, 26 May 1998
Sustaining reform spirit
Sustaining reform spirit With the students evicted, the clamor at the House of Representatives (DPR) complex has subsided. But the flame of total reform continues to burn everywhere.Within the House, though, the reformist spirit appears to have diminished.
Tue, 26 May 1998
Estrada sets out tough reform agenda
Estrada sets out tough reform agenda MANILA (Reuters): Joseph Estrada, an ex-actor who becomes the Philippines new president next month, has taken the first step to dispel deep suspicions he might sacrifice reform for populist policies, analysts and businessmen said.
Tue, 26 May 1998
Taiwan investors detained as spies
Taiwan investors detained as spies TAIPEI (AP): China's state intelligence service has detained six Taiwanese businessmen suspected of spying, and is holding another 12 under house arrest, reports said yesterday.
Tue, 26 May 1998
FAO to supply rice to farmers
FAO to supply rice to farmers KENDARI, Southeast Sulawesi: The Food and Agriculture Organization (FAO) will supply local farmers with tons of rice following a failed harvest in several parts of the province last year.
Tue, 26 May 1998
Reform heroes on the Website
Reform heroes on the Website Farewell, heroes of reform. The tragic deaths of our young colleagues Hery Hartanto, Elang Mulya, Hafidin Royan and Hendriawan Lesmana at Trisakti University on the evening of May 12, 1998, will always remain in the hearts of the Indonesian people.
Tue, 26 May 1998
Political turmoil brings more media freedom
Political turmoil brings more media freedom JAKARTA (JP): For most of Soeharto's 32-year rule, Indonesians realized there were words that could not be said in public. "Succession" and "regime" were just two of them.
Tue, 26 May 1998
Japan: A leopard loath to change its spots
Japan: A leopard loath to change its spots The economic crisis in Southeast Asia has left Japan highly exposed at a time when it is mired in a deep recession. William Keegan in London warns that the global economy will suffer if Japan, sticking to what it knows best, tries to export its way out of...
Tue, 26 May 1998
Expat's hiring irks trade union
Expat's hiring irks trade union KUALA LUMPUR (AP): Malaysia' largest labor organization slammed companies yesterday that favored employing expatriates over locals, the national news agency reported.Employing foreigners instead of Malaysians is "morally wrong," Zainal Rampak, president of the...
Tue, 26 May 1998
Gold Corp buys RI gold
Gold Corp buys RI gold CANBERRA (Dow Jones): Western Australian state agency Gold Corp will resume buying gold from Aurora Gold Ltd yesterday, Aurora Gold said in a statement.On May 15, Gold Corp. suspended purchases "under force majeure provisions due to civil unrest" in Jakarta.
Tue, 26 May 1998
Asian stock markets close generally lower
Asian stock markets close generally lower HONG KONG (AP): Asian stock markets closed generally lower yesterday, with the key index in Seoul tumbling 6.8 percent to a 11-year low on fears of labor unrest in South Korea.Traders said South Korean shares were also pushed down after the U.S.
Tue, 26 May 1998
Three injured in student brawl
Three injured in student brawl JAKARTA (JP): Three people were injured when dozens of students and residents of Pesing, West Jakarta, were involved in a brawl Saturday, police said.The victims were identified as students Urip Widodo, 17, and Bernard Adrie, 18, and resident Dadang, 15.
Tue, 26 May 1998
Habibie outlines reform program
Habibie outlines reform program JAKARTA (JP): President B.J. Habibie outlined his agenda for reform before his 36-strong cabinet yesterday, including plans for the revision of political laws needed before he can call a general election.
Tue, 26 May 1998
Market positive over Habibie's political pledge
Market positive over Habibie's political pledge JAKARTA (JP): The country's financial market is buoyant at President Habibie's commitment to pursue political reform, analysts said.Currency dealers said the rupiah improved slightly to 10,800 against the U.S.
Tue, 26 May 1998
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 25 to May 31: U.S dollar 1 Rp 10,950 50Austrian shilling 1 885.
Tue, 26 May 1998
Hustle-and-bustle creeps back onto Jakarta streets
Hustle-and-bustle creeps back onto Jakarta streets JAKARTA (JP): After two weeks of tension, the capital returned to its routine daily hustle-and-bustle yesterday.The city, recently paralyzed by riots, arson and looting with some streets blocked by heavily-armed security forces, once again...
Tue, 26 May 1998
Aceh governor's ceremony delayed
Aceh governor's ceremony delayed BANDA ACEH, Aceh: The swearing-in ceremony for Syamsuddin Mahmud to become governor of Aceh, originally slated for today, has been delayed indefinitely.The speaker of the provincial legislature, Teuku Djohan, said a telegram from the Ministry of Home Affairs...
Tue, 26 May 1998
Residents raid gambling house
Residents raid gambling house YOGYAKARTA: Eight hundred residents of Notoprajan and Suronatan subdistricts here raided a gambling house Sunday and caught 19 alleged gamblers.Spearheaded by the United Development Party's local paramilitary task force, the raid was launched at 3 a.m.
Tue, 26 May 1998
Public figures racing to resign in reform fever
Public figures racing to resign in reform fever JAKARTA (JP): The campaign against nepotism is gaining momentum with public figures now racing to quit various executive or legislative posts they might not have obtained without familial connections.Ilham Habibie, the son of President B.J.
Tue, 26 May 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on May 25, 1998: Buying Selling Rp Rp U.S dollar 1 9,500.00 12,000.00Austrian shilling 1 840.50 891.70Australian dollar 1 6,220.00 7,245.00Belgian franc 1 274.20 317.50Canadian dollar 1 6,882.
Tue, 26 May 1998
14 ABRI members implicated in Trisakti shootings
14 ABRI members implicated in Trisakti shootings JAKARTA (JP): Minister of Defense and Security/Armed Forces Commander Gen. Wiranto said 14 Armed Forces (ABRI) personnel have been implicated as being behind the May 12 shootings at Trisakti University which resulted in the death of at least four...
Tue, 26 May 1998
SE Asian monies drift sideways in lethargic trading
SE Asian monies drift sideways in lethargic trading SINGAPORE (Dow Jones): Southeast Asian currencies drifted sideways against the U.S. dollar in lethargic trading during Asian hours yesterday, as participants searched in vain for a catalyst to give the market direction.
Tue, 26 May 1998
TNT maintains RI operation
TNT maintains RI operation JAKARTA (JP): Dutch-owned courier service TNT Express Worldwide maintained its operations in Indonesia despite the recent political turmoil, the company said yesterday.The company said in a statement that it used a Boeing 727 aircraft to carry packages in and out Jakarta...
Tue, 26 May 1998
Frightened foreigners halt Indonesian investments
Frightened foreigners halt Indonesian investments MELBOURNE (Reuters): Foreign direct investment in Indonesia's shattered economy has dried up and will not flow again until long-term political stability returns, investment experts said on Monday.
Tue, 26 May 1998
Retail sector deal thrown into doubt
Retail sector deal thrown into doubt JAKARTA (JP): City Council has questioned whether a cooperation program between small entrepreneurs and Goro wholesale company would continue after its management was taken over by the Confederation of Primary Cooperative Associations (Inkud) early this month.
Tue, 26 May 1998
Mere window dressing
Mere window dressing To convince Indonesians he is serious about reform, President B. J. Habibie announced that his government would hold a general election as soon as possible, has agreed to release all political prisoners and has vowed to put the country's economy back on track.
Tue, 26 May 1998
Transfer of power must be legal
Transfer of power must be legalBy Mulyana W. Kusumah JAKARTA (JP): Soeharto's declaration that he would quit the presidency on May 21, 1998 and the subsequent rise of then vice president B.J. Habibie was a historic constitutional event.
Tue, 26 May 1998
DPR protest cause Rp 2 billion damage
DPR protest cause Rp 2 billion damage JAKARTA (JP): The chaotic but successful five-day student demonstration at the House of Representatives last week left a trail of structural damage worth about Rp 2 billion (US$167,000), officials said yesterday.
Tue, 26 May 1998
Govt to review Pertamina trade, shipping contract
Govt to review Pertamina trade, shipping contract JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto said yesterday the government would review all contracts between state oil and gas company Pertamina and trading and shipping companies, including those owned by former president...
Tue, 26 May 1998
Councilors want inquiry into water revenues
Councilors want inquiry into water revenues JAKARTA (JP): City Council will summon representatives of city-owned water company PDAM Jaya and its two private partners to question them over the whereabouts of Rp 90 billion collected during a short-lived accord, a councilor said yesterday.
Tue, 26 May 1998
RP Moslems call for representation
RP Moslems call for representation MANILA (DPA): The largest southern Philippine rebel group urged Vice President Joseph Estrada yesterday to appoint a Moslem to his cabinet and avoid the mistake of past presidents who excluded an Islamic representative.
Tue, 26 May 1998
Taiwan maintains its investment in SE Asia
Taiwan maintains its investment in SE Asia TAIPEI (Dow Jones): China Development Corp. isn't backing down from its investments in Southeast Asia but is keeping its focus on targets in Thailand and Malaysia where markets appear to have bottomed out, a top official from the company said yesterday.
Tue, 26 May 1998
Villages tense after boy's murder
Villages tense after boy's murder JAKARTA (JP): Tension gripped neighbors in a Bekasi village yesterday following Sunday night's murder of a 15-year-old boy, police said.Fighting broke out yesterday between dozens of residents from Babelan and Perumahan Harapan, a housing complex inside the...
Tue, 26 May 1998
22 Hero outlets damaged, looted in riots
22 Hero outlets damaged, looted in riots JAKARTA (JP): At least 22 of PT Hero Supermarket's 50 retail outlets in the capital and nearby towns were damaged during the recent riots, an official of the retail chain said yesterday.
Tue, 26 May 1998
RI turmoil may keep rubber prices secure
RI turmoil may keep rubber prices secure SINGAPORE (Reuters): Continuing worries over instability in Indonesia, one of the world's biggest rubber producers, are likely to support prices this week, regional traders said yesterday.
Tue, 26 May 1998
Indonesians seek finery despite economic crisis
Indonesians seek finery despite economic crisisBy Alicia Seow SINGAPORE (Reuters): Rocked by political and economic crises at home, wealthy Indonesians still find time to appreciate the finer things in life.
Tue, 26 May 1998
Workers set up party to form democratic govt
Workers set up party to form democratic govt JAKARTA (JP): Seizing on the new government's promise of greater political freedom, a group of labor activists inaugurated the Indonesian Workers Party (PPI) yesterday, and expressed their readiness to challenge Golkar and other leading political parties...
Tue, 26 May 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 25, 1998: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 650 0 0 AHAP Insurance 500 0 0 Alter Abadi 750 0 0 Alumindo Light Metal 250 0 0 Alumindo Perkasa 225 -125...
Tue, 26 May 1998
Two bodies found
Two bodies found JAKARTA (JP): Two bodies were found in West and North Jakarta over the weekend, police said yesterday.In West Jakarta, the decomposing corpse of a man, believed to be a victim of the recent riots, was found by residents on Jl. K.H. Mas Mansyur.
Tue, 26 May 1998
Social safety-net program needs overseas support
Social safety-net program needs overseas support JAKARTA (JP): Newly appointed chairman of the National Development Planning Board Boediono said yesterday that Indonesia would need more foreign aid to strengthen its social safety-net program.
Tue, 26 May 1998
Thomas Cup win a morale booster for Indonesians
Thomas Cup win a morale booster for Indonesians JAKARTA (JP): The achievement of Indonesia's Thomas Cup men's badminton team came just in time to give the struggling nation a much needed lift, former badminton great Icuk Sugiarto said yesterday.
Tue, 26 May 1998
Soeharto in good health, says Hardijanti Rukmana
Soeharto in good health, says Hardijanti Rukmana JAKARTA (JP): Former president Soeharto is in good spirits and is staying at home, his eldest daughter Siti Hardijanti Rukmana said."He is in good health thanks to the prayers of the people of Indonesia," Hardijanti told reporters after relinquishing...
Tue, 26 May 1998
ABRI committed to fundamental reform
ABRI committed to fundamental reform JAKARTA (JP): The Armed Forces (ABRI) announced yesterday it is committed to reform, calling it "the answer" to all crises affecting the country.ABRI Chief of Sociopolitical Affairs Lt. Gen.
Tue, 26 May 1998
Change of president
Change of presidentFrom MerdekaH.M. Soeharto finally stepped down from his presidential post on May 21, following weeks of student demonstrations demanding reform in all fields -- economy, politics, law and social and cultural affairs, as well as Soeharto's resignation as president of the republic.
Tue, 26 May 1998
Asian palm oil markets eye Indonesian trading
Asian palm oil markets eye Indonesian trading KUALA LUMPUR (Reuters): Asian palm oil traders are likely to watch Indonesian markets closely this week as trade fully resumes following weeks of political turmoil.
Tue, 26 May 1998
Aussie considers more aid
Aussie considers more aid CANBERRA (Reuters): Foreign Minister Alexander Downer said yesterday Australia had done a great deal to help Indonesia in its current crisis and would look at providing more aid if required.
Tue, 26 May 1998
Locusts, snails ruin paddy fields
Locusts, snails ruin paddy fields PURWOKERTO, Central Java: Over 200 hectares of paddy fields in 10 subdistricts in the regencies of Banyumas and Cilacap, Central Java, are now under the devastating attack of locusts and snails, an official said yesterday.
Tue, 26 May 1998
Rupiah intervention impact would be limited: Hashimoto
Rupiah intervention impact would be limited: Hashimoto TOKYO (Agencies): Japan's Prime Minister Ryutaro Hashimoto said yesterday that intervention in the foreign exchange market would only have a limited impact in dealing with sudden fluctuations in Indonesia's rupiah and other Asian currencies.
Tue, 26 May 1998
Japanese to return to RI
Japanese to return to RI TOKYO (Reuters): Large Japanese firms will start sending employees back to Indonesia this week, Vice Trade Minister Osamu Watanabe said yesterday."Large firms have been looking at events in Indonesia on Friday and at the weekend very closely and while some firms have yet to...
Tue, 26 May 1998
Two men arrested for robbery
Two men arrested for robbery JAKARTA (JP): Police arrested two people for allegedly robbing a man at Jatinegara Railway Station, East Jakarta on Sunday, a high-ranking officer said yesterday.City police spokesman Lt. Col. E.
Tue, 26 May 1998
Shahrir replaces Muchdi as Kopassus commander
Shahrir replaces Muchdi as Kopassus commander JAKARTA (JP): The Army's Special Force (Kopassus) got a new commander yesterday when Maj. Gen. Syahrir M.S. replaced Maj. Gen. Muchdi Purwopranjono as head of the unit in a ceremony led by Army Chief of Staff Subagyo Hadisiswoyo.
Tue, 26 May 1998
Habibie key figure
Habibie key figure The new President B.J. Habibie has announced his Reform and Development Cabinet. Let's not debate the pros and cons of this new cabinet. But I do have one question. Has the cabinet reflected on the political standpoint of Habibie to conduct "total reform" and clean-up the...
Tue, 26 May 1998
Open bidding system for logging contracts: Minister of Forestry
Open bidding system for logging contracts: Minister of Forestry JAKARTA (JP): Newly appointed Minister of Forestry and Plantations Muslimin Nasution said yesterday that he would study the possibility of introducing an open bidding system to award new logging contracts.
Tue, 26 May 1998
Cargo ship sinks in Riau
Cargo ship sinks in Riau PANGKAL PINANG, South Sumatra: A wooden ship, Lentera Laut Raya, carrying a cargo of frozen fish bound for Singapore ran aground and later sank in the waters close to Dua island near here.
Tue, 26 May 1998
Toyota resumes RI production
Toyota resumes RI production TOKYO (Reuters): Toyota Motor Corp said its Indonesian car plants resumed production yesterday.The plants stopped output on May 14 due to riots in the country.PT Toyota-Astra Motor, owned 51 percent by conglomerate PT Astra International and 49 percent by Toyota,...
Tue, 26 May 1998
Peregrine creditors tied to Indonesia
Peregrine creditors tied to Indonesia HONG KONG (Reuters): Creditors of Peregrine Fixed Income -- the unit which took center stage in the fall of the Peregrine group -- are soon to learn how difficult it will be to retrieve sums due, with their fates largely tied to Indonesia.