Archive: 9 May 1998
61 articles found
Sat, 09 May 1998, 00:00 WIB
Better deal sought on plywood exports
Better deal sought on plywood exports JAKARTA (JP): The government said yesterday it was seeking better alternatives to the export quota system on plywood, which has been criticized as restrictive and encouraging cartel practices. Minister of Industry and Trade Mohamad "Bob" Hasan and Minister of Forestry and Plantations Sumahadi issued a joint statement responding to the recent press reports on the requested use of quotas for plywood exports.
Sat, 09 May 1998, 00:00 WIB
EU-RI trade and investment relations
EU-RI trade and investment relations Trade between the European Union (EU) and ASEAN has increased fourfold since the signing of the EU-ASEAN Cooperation Agreement in 1980. It has grown at an average of 16 percent per annum over the past six years and reached ECU 79.2 billion in 1996. Trade between Indonesia and the EU in 1996 was ECU 14.1 billion, which puts Europe second after Japan on the list of Indonesia's trading partners.
Sat, 09 May 1998, 00:00 WIB
Message from the EU Presidency in Jakarta
Message from the EU Presidency in Jakarta As the representative in Jakarta of the British Presidency, which started on Jan. 1 and lasts for six months, I am delighted to send a message on the occasion of Europe Day. Last month, Britain hosted the Asia-Europe Meeting (ASEM) at Summit level in London. This was only the second such summit to be held and the first in Europe. It was an important moment to review the relationship between Asian and European countries.
Sat, 09 May 1998, 00:00 WIB
One dies in Gelael shooting spree
One dies in Gelael shooting spree JAKARTA (JP): One person was killed and another injured after an armed robber opened fire at a Gelael supermarket on Jl M.T. Haryono, in Tebet, South Jakarta, Thursday night, police said. Ozi Saputra, 23, a bystander, died in Cipto Mangunkusumo hospital yesterday morning from a severe head injury while Rusnani, 18, a cashier, was still in a critical condition in the hospital yesterday.
Sat, 09 May 1998, 00:00 WIB
RI students in Malaysia get jobs
RI students in Malaysia get jobs JAMBI: Forty-seven students from the Institute of Islamic Studies (IAIN) have received part-time jobs while participating in a two-month apprenticeship program in Malaysia. "They seem to be performing well in the apprenticeship program. Many Malaysians offered them part-time jobs for 1,000 ringgit a month," IAIN rector, Sulaiman Abdullah, told Antara yesterday. Some of them also have been asked to teach children to recite the Koran, Sulaiman said.
Sat, 09 May 1998, 00:00 WIB
Dengue hits Yogya districts
Dengue hits Yogya districts YOGYAKARTA: Over 1,600 people have been treated for dengue fever here, which has claimed 57 lives in the province this year. The head of the local health office, Dr. Zuchari Dachlan, said yesterday that the number of dengue cases this year was extremely high even though Yogyakarta always saw a high number of patients infected each year. He said 1,290 people were infected last year, of which 42 died.
Sat, 09 May 1998, 00:00 WIB
RI's social unrest a 'major risk': WB official
RI's social unrest a 'major risk': WB official MELBOURNE (Dow Jones): An official from the World Bank warned yesterday that political and social unrest in Indonesia and elsewhere in Asia poses a "major risk" for the region as it attempts to recover from a severe economic crisis.
Sat, 09 May 1998, 00:00 WIB
First round of Indonesian debt talks end in Tokyo
First round of Indonesian debt talks end in Tokyo TOKYO (Reuters): A steering committee representing Indonesia's creditor banks held talks in Tokyo yesterday with government representatives from Jakarta, banking sources said. They said the group plans to release a joint statement on today or tomorrow. "The committee may release a joint statement after the meeting on Saturday (today)," a banking source said, adding that if the talks go on into tomorrow, the statement may be released then.
Sat, 09 May 1998, 00:00 WIB
Es Teler 77 in Singapore
Es Teler 77 in Singapore JAKARTA (JP): Local food franchiser Es Teler 77 officially has opened its first overseas franchise in Singapore, the company announced yesterday . The new franchise, dubbed Es Teler 77 International Pte Ltd Singapore, is a joint venture with Singaporean entrepreneur Wee Geok Eng. The new outlet opened Thursday, is located in China Square, Telok Anyer Street.
Sat, 09 May 1998, 00:00 WIB
Court urged to drop charges against four price proterters
Court urged to drop charges against four price proterters JAKARTA (JP): Ten lawyers asked Central Jakarta District Court yesterday to drop the charges against four activists who joined a peaceful demonstration on Jl. M.H. Thamrin on March 9.
Sat, 09 May 1998, 00:00 WIB
ASEAN official in Myanmar
ASEAN official in Myanmar YANGON (Reuters): ASEAN secretary-general Rodolfo Severino Jr. arrived in the Myanmar capital of Yangon yesterday for a three- day visit, foreign ministry sources said. Severino, who took up the post in January, will meet senior officials of the ruling military State Peace and Development Council during the visit, they said without giving details. "He will meet Myanmar leaders and is scheduled to go upcountry during his three-day visit here," one source said.
Sat, 09 May 1998, 00:00 WIB
Just law enforcement 'may negate corruption'
Just law enforcement 'may negate corruption' JAKARTA (JP): A noted legal expert has stressed the need to promote consistency in law enforcement, instead of legal reform, in the effort to curb rampant abuses. Satjipto Rahardjo, a law professor at Diponegoro University in Semarang, Central Java, said law enforcement was deteriorating compared to 10 years ago.
Sat, 09 May 1998, 00:00 WIB
State employees, physicians join street demonstrations
State employees, physicians join street demonstrations JAKARTA (JP): Ignoring the military's warnings and voicing skepticism over the government's pledge for reform, more non- students -- including state employees, physicians and nurses -- joined the student movement yesterday by staging antigovernment rallies on the streets.
Sat, 09 May 1998, 00:00 WIB
Higher fares again
Higher fares again The decision announced by Jakarta Governor Sutiyoso Thursday to raise taxi and PATAS air-conditioned bus fares in the city is logical and unavoidable following the recent increase in fuel prices. It was also the logical step to take after regular bus and minibus fares were increased Monday as a consequence of the fuel price hike and other fare rises.
Sat, 09 May 1998, 00:00 WIB
Estrada claims victory three days before RP elections
Estrada claims victory three days before RP elections MANILA (Agencies): Vice President Joseph Estrada, the main opposition presidential candidate, claimed victory yesterday, three days before elections to choose a successor to President Fidel Ramos. "It's all over but the counting," Estrada said.
Sat, 09 May 1998, 00:00 WIB
EU and RI furge a partnership in development
EU and RI furge a partnership in development The European Union (EU) is Indonesia's second-largest donor. Funds totaling Rp 8.6 trillion in official development assistance to Indonesia have been provided by the European Commission (EC) and by EU member states during the period 1976 to 1996. The EC's own commitment for this period was Rp 815 billion, of which 90 percent has been for development assistance.
Sat, 09 May 1998, 00:00 WIB
Rupiah still weak and stocks fail to sustain gains
Rupiah still weak and stocks fail to sustain gains JAKARTA (JP): The rupiah closed below the 9,000 mark against the U.S. dollar yesterday, and stock prices on the Jakarta Stock Exchange (JSX) failed to sustain their previous gains due to prevailing political concerns, dealers and stockbrokers said. They said the market remained cautious that the current social anguish would turn into chaos and political instability.
Sat, 09 May 1998, 00:00 WIB
Demand for water soars
Demand for water soars JAKARTA (JP): Demand for water for offices and ships calling at Tanjung Priok Port has soared over the past few years, a senior official said yesterday. The demand rose from 569,891 metric tons in 1996 to 575,465 in 1997, official statistics show. In the first quarter of this year, the demand reached 118,121 metric tons, Tanjung Priok Port spokesman Sudjarwo said here Wednesday, Antara reported.
Sat, 09 May 1998, 00:00 WIB
Fear grips N. Sumatra on 4th day of rioting
Fear grips N. Sumatra on 4th day of rioting MEDAN, North Sumatra (JP): Fear gripped the province on a fourth day of rioting as looting and burning continued in several towns near the capital of Medan. In Medan itself, shops and offices have gotten back to business as usual even though some owners opened their establishments half-heartedly.
Sat, 09 May 1998, 00:00 WIB
IMF 'not to blame' for Indonesian unrest
IMF 'not to blame' for Indonesian unrest WASHINGTON (Reuters): U.S. House Minority Leader Richard Gephardt on Thursday defended the International Monetary Fund's reform program in Indonesia, saying it was not too tough and not to blame for outbreaks of violence. "I don't think there are riots in Indonesia because of what the IMF has asked," the Missouri Democrat told reporters. "I think there are riots in Indonesia because they have practiced crony capitalism for as long as anybody can remember.
Sat, 09 May 1998, 00:00 WIB
Councilors query 5% fuel tax application
Councilors query 5% fuel tax application JAKARTA (JP): City councilors questioned yesterday the application of a 5 percent tax on fuel, earmarked for the city administration as compensation for the sharp fall in locally generated revenues. Central to the councilors' queries, voiced in a meeting with officials of the City Revenue Office, was whether the tax was already included in increases of fuel prices of up to 71 percent announced by the government early this week.
Sat, 09 May 1998, 00:00 WIB
IMF partly to blame for the misery
IMF partly to blame for the misery By Steven Susanto JAKARTA (JP): It is not hard to get the impression that the International Monetary Fund forced the government of Indonesia to liquidate 16 banks in November 1997. This sudden liquidation caused people to worry about the safety of their money in the banking system and, accordingly, introduced a monetary crisis through a rush for liquidity.
Sat, 09 May 1998, 00:00 WIB
Wheat stocks enough for RI
Wheat stocks enough for RI SYDNEY (Reuters): Australia still had plenty of wheat available to sell to Indonesia even though the latest crop was sold out for non-regular buyers, Tim Dewan, the Australian Wheat Board's (AWB) Southeast Asian regional manager, told Reuters. "There's certainly wheat available for Indonesia (as a regular customer), there's plenty of wheat there for them to carry them through," he said.
Sat, 09 May 1998, 00:00 WIB
Mardiyanto backed by many
Mardiyanto backed by many SEMARANG, Central Java: The head of the Armed Forces faction in the provincial legislature here, Col. Suparto, said his faction had received dozens of letters urging it to support the nomination of Maj. Gen. Mardiyanto to replace incumbent Soewardi as governor. "The letters come from almost all regencies in Central Java, both in an individual capacity and representing organizations," he said here yesterday.
Sat, 09 May 1998, 00:00 WIB
Gamblers get 3.5 months
Gamblers get 3.5 months JAKARTA (JP): The North Jakarta District Court has sentenced 20 people, mostly blue-collar workers, to 3.5 months for gambling. Judge Azynar Abbas said in his verdict Thursday that the defendants were caught red-handed gambling with dice at Kalijodo red-light district on Jan. 28 during a raid by police and the military. Abbas said Rp 1.6 million and dice from the suspects, aged between 20 and 50, had been seized, Antara news agency reported.
Sat, 09 May 1998, 00:00 WIB
Business tremors may make L/C guarantee futile
Business tremors may make L/C guarantee futile JAKARTA (JP): Drained confidence in the domestic economy and business sector may undermine the workability of the billion- dollar letter of credit guarantee available from the country's major trading partners, importers said yesterday.
Sat, 09 May 1998, 00:00 WIB
Syarwan says nation on brink of collapse
Syarwan says nation on brink of collapse JAKARTA (JP): House of Representatives (DPR) Deputy Speaker Syarwan Hamid said yesterday the nation could collapse altogether if it failed to carry out political reform. The Army lieutenant general said the economy had continued to go downhill even with the best economic policies and management team in place.
Sat, 09 May 1998, 00:00 WIB
Bambang resigns from VDH
Bambang resigns from VDH SINGAPORE (Reuters): Infrastructure engineering firm Van Der Horst (VDH) said yesterday that President Soeharto's second son Bambang Trihatmodjo had resigned as a director. Bambang remained a substantial shareholder with a deemed interest of 6.08 percent of the company's total paid-up capital, a VDH statement said. It said Bambang resigned because of his "very busy schedule and pressing commitments in Indonesia".
Sat, 09 May 1998, 00:00 WIB
Naharuddin leads RI boys to semis
Naharuddin leads RI boys to semis JAKARTA (JP): Naharuddin was the unlikely hero of the Indonesian boys' team when it outlasted stubborn South Korea 2-1 to reach the semifinals of the World Junior Tennis Championship Asia/Oceania qualifier yesterday. With ace singles Eko Kurniawan failing to regain his best form, Naharuddin proved he was no mere supporting player to his teammate.
Sat, 09 May 1998, 00:00 WIB
Falls, comebacks mark trading in Asian markets
Falls, comebacks mark trading in Asian markets HONG KONG (AP): Asian stock markets ended the week generally mixed yesterday, with share prices tumbling in South Korea but rebounding both in Tokyo and Hong Kong. Prices on the Seoul Stock Exchange fell as foreigners continued to dump stocks on fears of further problems for the country's troubled conglomerates. Traders said some investors were also nervous over the violence in Indonesia. The Korea Composite Stock Price Index fell 6.43 points, or 1.
Sat, 09 May 1998, 00:00 WIB
PAL-Garuda joint flights
PAL-Garuda joint flights MANILA (Dow Jones): Philippines Airlines Inc. (PAL) said yesterday it has started joint services with two regional carriers, PT Garuda Indonesian Airways and Vietnam Airlines. PAL said it had started code-sharing arrangements with Garuda on Manila-Jakarta flights, and with Vietnam Airlines for flights between Manila and Ho Chi Minh City. Code-sharing is an arrangement whereby an airline can sell tickets under its own name for flights operated by another carrier.
Sat, 09 May 1998, 00:00 WIB
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on May 8, 1998: Buying Selling Rp Rp U.S. dollar 1 8,500.00 9,400.00 Austrian shilling 1 695.00 786.70 Australian dollar 1 5,697.00 6,016.00 Belgian franc 1 245.80 258.50 Canadian dollar 1 6,250.00 6,559.70 Swiss franc 1 6,077.00 6,390.20 Deutschemark 1 5,050.50 5,350.00 Danish krone 1 1,329.80 1,399.20 French franc 1 1,510.40 1,590.90 Poundsterling 1 14,706.00 15,434.80 Hong Kong dollar 1 1,146.
Sat, 09 May 1998, 00:00 WIB
PT Jamsostek denies land and financial scandals
PT Jamsostek denies land and financial scandals JAKARTA (JP): State-owned social security company PT Jamsostek strongly denied reports yesterday of alleged rampant corruption at the company. The firm's finance director, Ackmal Husen, told The Jakarta Post that his company was open to any investigation of the allegations. The firm has documents proving that the allegations are baseless, he said.
Sat, 09 May 1998, 00:00 WIB
Europe-Asia ties to be closer than ever
Europe-Asia ties to be closer than ever Although formal cooperation between the European Union (EU) and Asia only began to take shape in the 1970s, when the EU sought to strengthen its links with the Association of Southeast Asian Nations (ASEAN), the two regions have been closely connected for many centuries through various flows of migration, of culture, of philosophy, of religion and particularly, of commerce. Indeed, economic relations remain a cornerstone of ties between Europe and Asia.
Sat, 09 May 1998, 00:00 WIB
OPEC crude falls to $13.15
OPEC crude falls to $13.15 LONDON (Reuters): The price of OPEC's basket of seven crudes eased to US$13.15 a barrel yesterday from $13.24 on Wednesday, the OPEC news agency said quoting the OPEC Secretariat. The basket comprises Algeria's Saharan Blend, Indonesia's Minas, Nigeria's Bonny Light, Saudi Arabia's Arabian Light, Dubai of the UAE, Venezuela's Tia Juana and Mexico's Isthmus.
Sat, 09 May 1998, 00:00 WIB
Mob beats thug to death
Mob beats thug to death JAKARTA (JP): A man was beaten to death Wednesday by an angry mob while reportedly trying to extort money from a group of people near Kalideres bus terminal, West Jakarta, police said. The victim, identified as Ucok Marbun, 30, was captured by residents who rushed to the scene on hearing that three public transport van passengers, Alex, 24 and Iwan, 22 -- both Cambodians -- and a local woman, Juleha, 20, were being threatened.
Sat, 09 May 1998, 00:00 WIB
Deposit interest rates reach 62.5% per annum
Deposit interest rates reach 62.5% per annum JAKARTA (JP): Domestic commercial banks have raised interest rates to as high as 62.5 percent per annum for one-month deposits following the central bank's increase in promissory note (SBIs) rates Wednesday. But the high interest rates have yet to lure many new depositors.
Sat, 09 May 1998, 00:00 WIB
Book bazaar at Taman Ria Senayan
Book bazaar at Taman Ria Senayan JAKARTA (JP): A book bazaar will be held at Taman Ria Senayan recreation park, Central Jakarta, tomorrow and Monday, to commemorate National Education Day. The bazaar is being co-organized by the park management, the mobile library of Pustaka Kelana Foundation and several book stores, including Gramedia, Gunung Agung and Tiga Raksa.
Sat, 09 May 1998, 00:00 WIB
Toyota's sales rise 100 percent in April
Toyota's sales rise 100 percent in April JAKARTA (JP): PT Toyota-Astra Motor (TAM) sold 2,287 cars last month, a 100 percent increase on March's figure, the company announced yesterday. TAM, the automotive division of publicly listed PT Astra Internasional, said in a statement that its total sales from January through April were 10,804, about 34.4 percent of the total domestic car sales. The rise was mainly due to the sales of Toyota's popular Kijang van which in April totaled 2,081 vehicles.
Sat, 09 May 1998, 00:00 WIB
President must initiate reforms, Siswono says
President must initiate reforms, Siswono says JAKARTA (JP): A former aide of President Soeharto called for immediate total political reform with the President himself initiating the crucial first step. Former cabinet minister Siswono Yudohusodo said in a discussion with Jakarta-based political correspondents that such total political reform was urgent for a country, like Indonesia, that was in a crisis.
Sat, 09 May 1998, 00:00 WIB
Howard urges caution over Indonesian riots
Howard urges caution over Indonesian riots CANBERRA (Reuters): Australian Prime Minister John Howard urged Indonesia yesterday to remain committed to its economic reforms, but to act with restraint in handling anti-government riots sparked by rising food prices. Howard said President Soeharto must stick to the conditions of the US$43 billion International Monetary Fund bail-out, despite the social tensions.
Sat, 09 May 1998, 00:00 WIB
Reform on national agenda
Reform on national agenda A momentous concept has been communicated by the Armed Forces (ABRI) leadership. ABRI, according to its chief commander Gen. Wiranto, perceives that the calls for reform vocalized by the students has been accepted by all of the nation's components as part of the national agenda. The need for reform has become a national consensus. This endorsement could aptly be seen as a victory for the students.
Sat, 09 May 1998, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Exhibitions * Painting Exhibition: Study for Distance by Hanafi, at Galerie Focus, Jl. Kemang Selatan X B No. 3, South Jakarta, on Tuesday, Wednesday, Friday, Saturday, 2 p.m. to 5 p.m., until May 24. * Painting Exhibition: Three Worlds by Ledek Sukadi, Herly Gaya, Kukuh Nuswanto, at Galeri TC, Jl. Kemang Raya No. 24A, South Jakarta (Phone: 7194270/78), Sunday, at 10:30 a.m. to 12 p.m., Monday to Thursday, 11:30 a.m. to 12 p.m., Friday to Saturday 11:30 a.m.
Sat, 09 May 1998, 00:00 WIB
Taxi drivers unwelcome fare hike
Taxi drivers unwelcome fare hike JAKARTA (JP): Governor Sutiyoso's endorsement of the taxi fare hike is not good news for taxi drivers, who are losing passengers in droves as the country sinks deeper into the economic mire. They said yesterday that as soon as the tariffs rise next week, taxi owners would raise the rental fees, which even at present levels they can hardly afford.
Sat, 09 May 1998, 00:00 WIB
Boat capsizes, killing four
Boat capsizes, killing four DILI, East Timor: Four people drowned Thursday evening when their boat capsized after hitting a rock during a heavy storm only 150 meters from Atauro island. "All of the victims were women including a seven-month pregnant woman, Dominggas Belo. Their remains have been brought to their families," Antara quoted the boat's owner, Jeka J.Maria Alves, as saying yesterday.
Sat, 09 May 1998, 00:00 WIB
ABRI team, rights body compare their findings
ABRI team, rights body compare their findings JAKARTA (JP): The Armed Forces (ABRI) fact-finding team investigating the abduction of activists met with the National Commission on Human Rights yesterday to compare notes and ask how it concluded that those missing were "forcibly abducted". Led by Military Police chief Maj. Gen. Syamsu D., the team met for more than two hours with 10 commission members. "It's been an order from the Minister of Defense and Security/Armed Forces Commander (Gen.
Sat, 09 May 1998, 00:00 WIB
Student protests may spur the race for reform
Student protests may spur the race for reform Debate over political and economic reforms keeps on rolling, with the government asserting it has been doing this for a long time. Political analyst J. Soedjati Djiwandono , one who does not ascribe to the above view, argues that political reform cannot wait. JAKARTA (JP): As the supreme governing body of the country's political system, the People's Consultative Assembly (MPR) is the most capable of implementing the necessary reforms.
Sat, 09 May 1998, 00:00 WIB
Navy to push for gender equality
Navy to push for gender equality JAKARTA (JP): The Navy will promote gender equality for top positions in the force, says an official. Rear Adm. Abu Hanifah, an assistant to the Navy chief of personnel affairs, said duties of strategic positions would be modified to accommodate the female nature.
Sat, 09 May 1998, 00:00 WIB
PDI, unite!
PDI, unite! The Indonesian Democratic Party (PDI) chairman, Soerjadi, met recently with Minister of Home Affairs Hartono to report on the forthcoming PDI Congress that is scheduled for July 1998 and to request from the government security arrangement as well as funds to finance the event. I do not know whether the government would give its support and approve his proposal.
Sat, 09 May 1998, 00:00 WIB
Retailers against planned bylaw for parking fee levy
Retailers against planned bylaw for parking fee levy JAKARTA (JP): The Indonesian Retailers' Association rejected yesterday the City Council's plan to prepare a bylaw authorizing the municipality to collect fees from the owners and managers of buildings with private parking lots. The association's chairman, HJA Sinungan, said the fee collection would further burden those who have already been slugged by the monetary crisis. "We are really against it," he said.
Sat, 09 May 1998, 00:00 WIB
Liberian arrested with 100 grams of heroin
Liberian arrested with 100 grams of heroin JAKARTA (JP): Police arrested a Liberian national allegedly involved in drug trafficking at Hotel Petamburan I, Central Jakarta, Thursday night. The suspect, Prince F. Sioma, 29, was caught with 100 grams of first grade heroin after being under observation for about two months, chief of the narcotics detective unit Lt. Col. Abdullah H.S. said. "Prince Sioma is believed to be a member of an international drug trafficking syndicate.
Sat, 09 May 1998, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on May 8, 1998: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 600 0 0 AHAP Insurance 500 0 0 Alter Abadi 925 50 377,500 Alumindo Light Metal 300 0 3,500 Alumindo Perkasa 275 75 2,500 Aneka Kimia Raya 375 -25 25,000 Aneka Tambang 1,375 50 9,259,500 Anwar Sierad 225 50 67,500 Apac Centertex Corp.
Sat, 09 May 1998, 00:00 WIB
Insurance for RI gets green light
Insurance for RI gets green light WASHINGTON (Dow Jones): U.S. Export-Import Bank Chairman James Harmon said Thursday the bank was near-ready to go ahead with providing US$1 billion in short-term export credit insurance for Indonesia. "I hope to sign as early as (Friday) an agreement for short- term credit for $1 billion for Indonesia,' Harmon said, speaking to the Ex-Im Bank's annual conference. Indonesian Finance Minister Fuad Bawazier was scheduled to speak there yesterday.
Sat, 09 May 1998, 00:00 WIB
Crisis and friendship
Crisis and friendship When I was in Singapore for several weeks recently, I followed the news on the fate of Indonesian citizens trying to have a better life in our neighboring countries, namely Singapore and Malaysia, as a result of the major economic crisis in Indonesia. There are times that I ask myself: how and what have these unfortunate people suffered? A part of my questions was answered by my own experience as an Indonesian citizen who has to travel during this economic condition.
Sat, 09 May 1998, 00:00 WIB
ABRI to return to 'Dharma Pusaka 45'
ABRI to return to 'Dharma Pusaka 45' From Suara Karya I recently came across a copy of Dharma Pusaka 45, published by the Ministry of Defense and Security in 1972. The book contains the results of the third seminar of the Army in 1972. I find the book very interesting because its contents are highly relevant to the current economic, political, legal and moral crises. It also mentions what role the people expect the Armed Forces (ABRI) to play.
Sat, 09 May 1998, 00:00 WIB
Asian currencies claw back after traumatic week
Asian currencies claw back after traumatic week SINGAPORE (Reuters): Asian currencies were trading quietly yesterday at the end of a traumatic week, with many managing to creep higher as traders covered short positions taken out during the past few days. The Indonesia-inspired mini-panic pushed some regional currencies back to levels not seen since the middle of March and traders are still closely watching events there.
Sat, 09 May 1998, 00:00 WIB
Concerns over unrest keep palm oil stable
Concerns over unrest keep palm oil stable LONDON (Reuters): Concerns over unrest in Indonesia served to keep the palm oil sector very firm in Europe yesterday, despite slightly bearish data from private forecaster Ivan Wong. Malaysia's palm oil production is estimated to have risen by 2 percent to 611,000 tons in April from March, private forecaster Ivan Wong said.
Sat, 09 May 1998, 00:00 WIB
Australia may export rice to Indonesia
Australia may export rice to Indonesia SYDNEY (Reuters): Australia is negotiating its first major sales of rice to Indonesia in 20 years. With Indonesia's 1998 rice crop seriously depleted by El Nio- inspired drought, Australia was negotiating with the Indonesian government agency Bulog for first exports of rice, the Ricegrowers Co-operative told Reuters yesterday.
Sat, 09 May 1998, 00:00 WIB
House demands fuel price hike review
House demands fuel price hike review JAKARTA (JP): The House of Representatives demanded yesterday that the government review the May 5 increases in the prices of fuel and electricity, calling the measures completely insensitive to the people already suffering enormously because of the economic crisis.
Sat, 09 May 1998, 00:00 WIB
Activists condemn harsh measures against students
Activists condemn harsh measures against students JAKARTA (JP): Human rights activists have condemned the government's harsh measures against widespread student demonstrations, which have increasingly resulted in bloody clashes. The Commission for Missing Persons and Victims of Violence (Kontras) told a media conference here yesterday that the security apparatus' repressive measures reflected an attitude that would not lead to an improvement of the situation.
Sat, 09 May 1998, 00:00 WIB
$2.4b Paiton 1 power project going ahead
$2.4b Paiton 1 power project going ahead HONG KONG (Dow Jones): A U.S.-led consortium is going ahead with construction of a US$2.4 billion power project in Indonesia and isn't planning to renegotiate with the government over payment terms, a senior official at the U.S. Export-Import Bank said yesterday. "We are continuing our disbursements and we think it will be best for all for the project to be completed," said Rita M.