Archive: 1 June 1998
49 articles found
Mon, 01 Jun 1998
Danareksa tops bond trading
Danareksa tops bond trading JAKARTA (JP): State owned PT Danareksa Sekuritas has been named the best member of the Surabaya Stock Exchange (SSX) for its marked achievement in bond trading in 1997.The SSX said Saturday that PT Bahana Sekuritas came second and PT Peregrine Securities third for their...
Mon, 01 Jun 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: Asa yang Tersisa 4:00 Regional News 4:30 Creative Program: Karya Kita 5:00 Indonesian Lessons 5:30 Education Quiz: Tangkas Cermat 6:00 News: Lintasan Berita 6:05 My Country:...
Mon, 01 Jun 1998
Hard landing for Asia as growth skids
Hard landing for Asia as growth skids SINGAPORE (Reuters): Economic growth across Asia is grinding to halt as the after-shocks of last year's currency crisis hit across the region, and economists are slashing forecasts for gross domestic product (GDP) on a regular basis.
Mon, 01 Jun 1998
Miner appeal for help to ease poverty
Miner appeal for help to ease poverty MELBOURNE (Reuters): The world's biggest miner, the Rio Tinto group, has appealed for help to ease poverty around two Indonesian mines.Rio Tinto chief executive Leon Davis said the company was appealing to non-government aid agencies to help address the social...
Mon, 01 Jun 1998
Talisman to return to RI
Talisman to return to RI CALGARY (Dow Jones): Talisman Energy Inc (TLM) said its employees are currently returning to work in Jakarta.As reported May 19, Talisman said it had temporarily evacuated all expatriate family members and most expatriate employees from its Indonesian operations in...
Mon, 01 Jun 1998
3,000 lose jobs after Bekasi riots
3,000 lose jobs after Bekasi riots BEKASI (JP): Some 3,000 people lost their jobs here in the wake of the massive rioting on May 14 because their places of work were wreaked or burned down, an official said over the weekend.
Mon, 01 Jun 1998
Heart failure caused death of Lt. Dadang: Doctor
Heart failure caused death of Lt. Dadang: Doctor JAKARTA (JP): A forensic expert has determined that a police intelligence officer, reportedly stoned to death by students during a demonstration at Juanda University campus in Bogor last month, died of a heart attack.
Mon, 01 Jun 1998
Photo finish
Photo finish During Jakarta's time of crisis, I had to visit Singapore. I purchased a Kodak DC25 Digital Camera to be able to take digital photographs instead of relying on currently high priced film developing. Due to fires and ransacking of buildings, the camera was unobtainable in Jakarta.
Mon, 01 Jun 1998
ANZ says Asian exposure will decrease over time
ANZ says Asian exposure will decrease over time SYDNEY (Reuters): Australia and New Zealand Banking Group Ltd (ANZ), the Australian bank most exposed to Asian lending, said yesterday it expected its exposure to the economically troubled region to drift downwards over time.
Mon, 01 Jun 1998
RI political risk cover evaporates
RI political risk cover evaporates SINGAPORE (Reuters): Political risk to business deals is at its height in crisis-hit Indonesia, but insurance cover for exposure to it has vanished in the wake of economic and social turmoil that led to the ouster of its former president.
Mon, 01 Jun 1998
AAL exports tea to India
AAL exports tea to India JAKARTA (JP): Publicly listed plantation firm PT Astra Agro Lestari (AAL), a subsidiary of the country's largest automaker PT Astra International, announced Saturday that it had exported nine metric tons of black tea worth US$18,474 to India.
Mon, 01 Jun 1998
Kaspari's IBF title hopes dashed by American Austin
Kaspari's IBF title hopes dashed by American Austin LAS VEGAS (Reuters): American Tim Austin retained his International Boxing Federation bantamweight title on Saturday when referee Mills Lane stopped the scheduled 12-round bout with Adrian Kaspari of Indonesia in the third round.
Mon, 01 Jun 1998
Three students still missing
Three students still missing BOGOR (JP): Six out of nine Djuanda University students who were reported missing after police raided their campus on May 9 returned last week, a media report said Saturday.
Mon, 01 Jun 1998
Roots of anti-Chinese sentiment
Roots of anti-Chinese sentimentBy Onghokham JAKARTA (JP): The Indonesian Chinese, as they are referred to, are an important element among Indonesia's middle and upper class capitalists, entrepreneurs, business people, traders, professionals and skilled people.
Mon, 01 Jun 1998
Sixteen arrested in drug orgy in Tanah Abang
Sixteen arrested in drug orgy in Tanah Abang JAKARTA (JP): Police arrested 16 alleged drug traffickers and users in a raid Friday at a boarding house on Jl. Kebon Sayur, Tanah Abang, Central Jakarta."Some of them were heavily stoned when the police arrived.
Mon, 01 Jun 1998
High tide leave 400 homeless
High tide leave 400 homeless PADANG, West Sumatra: High tides hitting two coastal villages in Padang Utara over the past 10 days have left at least 400 people homeless.Most of the villagers of Ujung Karang and Lolong have been forced to take shelter with relatives in the safest nearby areas, Antara...
Mon, 01 Jun 1998
Japan traders to back RI
Japan traders to back RI TOKYO (Nikkei): Major Japanese trading houses plan to shore up operations in Indonesia, where their joint ventures with local concerns are experiencing difficulties raising funds due to disorder on local financial markets and reluctance by European and U.S.
Mon, 01 Jun 1998
National park faces new threat
National park faces new threat SAMARINDA, East Kalimantan: After the forest fires, the 200,000-hectare Kutai National Park is now facing a new threat: a coal mining company is to exploit the lowland rain forest reserve area.
Mon, 01 Jun 1998
Reform starts with oneself
Reform starts with oneselfFrom Pikiran RakyatFor months, students and lecturers have voiced demands for reform at many universities. The ramifications are heard throughout Indonesia and even the entire world.
Mon, 01 Jun 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Art Exhibition by Sixteen Female Artists, at the Regent Jakarta, Main Lobby, Jl. H.R. Rasuna Said, South Jakarta (Phone: 2523456), until June 20. * Art Exhibition: Graphical Works of Art by W.O.J Nieuwenkamp, at Erasmus Huis, Jl. H.R.
Mon, 01 Jun 1998
'Tempo', 'DeTik' set to restart publication
'Tempo', 'DeTik' set to restart publication JAKARTA (JP): Journalists from the banned newsweeklies Tempo and DeTik have seized on rejuvenated freedoms of expression by announcing their intention of reestablishing the publications despite financial constraints.
Mon, 01 Jun 1998
Depending too much on technology is not good
Depending too much on technology is not goodBy Hanny Agustine JAKARTA (JP): The banking industry, a sector most affected by the economic turmoil, suffered further when more than 500 bank offices were damaged or burned down in the recent riots.
Mon, 01 Jun 1998
WHO office in blood drive
WHO office in blood drive JAKARTA (JP): The World Health Organization (WHO) in Indonesia is holding a blood donation campaign here on Thursday, targeting office workers in the Jl. Sudirman area.The campaign will be held at Wisma GKBI building at between 9 a.m. and 1 p.m.
Mon, 01 Jun 1998
Predicting the shape of our future politics
Predicting the shape of our future politicsBy Mochtar Buchori JAKARTA (JP): The departure of Soeharto as Indonesia's president will likely be followed by the emergence of new political forces and the decline of old established ones.
Mon, 01 Jun 1998
Korean, local killed in car crash in East Jakarta
Korean, local killed in car crash in East Jakarta JAKARTA (JP): A Korean and an Indonesian were killed when their car collided with a truck in Cawang, East Jakarta, early Saturday, hospital sources said.
Mon, 01 Jun 1998
Stock market remains gloomy despite hopes
Stock market remains gloomy despite hopes JAKARTA (JP): Trading on the Jakarta Stock Exchange (JSX) is expected to remain sluggish this week, despite hopes that Indonesia will soon receive the next tranche of aid from the International Monetary Fund (IMF) rescue package, stock analysts said.
Mon, 01 Jun 1998
Dengue fever cases begin downward trend
Dengue fever cases begin downward trend JAKARTA (JP): A predicted dengue fever outbreak peak, which was expected to happen in May or June, will unlikely be realized as number of sufferers has sharply decreased, an official said yesterday.
Mon, 01 Jun 1998
Let students participate in reform process
Let students participate in reform processBy Johannes Nugroho JAKARTA (JP): Soeharto's resignation from his previously invincible presidency was a momentous turning point in Indonesian history. B.J. Habibie, formerly Vice President, acceded to the office, leading what is necessarily, by the supreme...
Mon, 01 Jun 1998
Dual function of the Armed Forces
Dual function of the Armed Forces As Indonesians intensify their demands for total reform in all areas in the wake of Soeharto's resignation, pure democracy based on Pancasila and the Constitution of 1945 must be implemented.
Mon, 01 Jun 1998
Krakatau 1998 festival canceled
Krakatau 1998 festival canceled BANDARLAMPUNG, Lampung: The provincial administration has decided to cancel the 1998 Krakatau Festival because of a lack of funds, a tourism official has said."We have informed foreign participants about the cancellation and they have accepted it," local tourism...
Mon, 01 Jun 1998
Property projects put on hold as crisis worsens
Property projects put on hold as crisis worsens JAKARTA (JP): Economic and political uncertainty in the country has put more commercial property projects on hold in the second quarter of this year, according to property consultants First Pacific Davies Indonesia (FPDI).
Mon, 01 Jun 1998
Amien calls for end to political wrangles
Amien calls for end to political wrangles JAKARTA (JP): Moslem leader Amien Rais has spoken out against allowing sharp political wranglings to drag on and has called on the nation to take concrete steps to repair its economy, which was now on the brink of bankruptcy.
Mon, 01 Jun 1998
Shareholders' meetings
Shareholders' meetings In the present atmosphere of reform, Indonesia's mass media have been carrying advertisements about schedules of shareholders' general meetings. It may not be far wrong to assume that these advertisements are placed by companies belonging to family members of former president...
Mon, 01 Jun 1998
How monetary crisis affects East Nusa Tenggara people
How monetary crisis affects East Nusa Tenggara peopleBy Yacob J. Herin MAUMERE, East Nusa Tenggara (JP): As a result of the monetary crisis the prices of goods, particularly imported ones, have soared. In a situation like this, wearing imported clothes has definitely become a luxury.
Mon, 01 Jun 1998
Playwood exports expected to decline 25% in 1998
Playwood exports expected to decline 25% in 1998 JAKARTA (JP): Indonesia's foreign exchange earnings from plywood exports is expected to fall by 25 percent this year to about US$2.6 billion from $3.58 billion last year, the Association of Indonesian Wood Panel Producers (Apkindo) said Saturday.
Mon, 01 Jun 1998
Student protests go on in several cities
Student protests go on in several cities JAKARTA (JP): Students in several cities, in a move resembling their colleagues' stand in Jakarta recently, are occupying local legislative councils to make their demands heard.
Mon, 01 Jun 1998
Riot victims find it hard to rebuild business
Riot victims find it hard to rebuild businessBy Stevie Emilia JAKARTA (JP): The sky over the city is blue once again. There is no more gray smoke rising from burning shops, houses and offices as was the case during the recent riots.But grief still hangs in the air.
Mon, 01 Jun 1998
Investors seek new partners as Soeharto backlash grows
Investors seek new partners as Soeharto backlash grows JAKARTA (JP): The growing attack on the business interests of the Soeharto clan and their cronies will force foreign investors to abandon partnerships which link them to the beleaguered family, but obvious replacements have yet to emerge from...
Mon, 01 Jun 1998
Stop collusion in awarding projects, councilors say
Stop collusion in awarding projects, councilors say JAKARTA (JP): Councilors and a contractor urged the city administration Saturday to stop the rampant collusion, corruption, cronyism and nepotism in the awarding of its development projects.
Mon, 01 Jun 1998
Deserted ships block harbor
Deserted ships block harbor AMBON, Maluku: Port officials are still unable to remove four crippled and deserted South Korean fishing boats which have been lodged in front of Ambon harbor for a week, Antara reported.
Mon, 01 Jun 1998
What press freedom means
What press freedom means Minister of Information Yunus Yosfiah has promised to return what the Soeharto regime stole from the national press: its freedom.The statement, which is in line with the promised political reform, brings with it a new horizon for the national press after decades of...
Mon, 01 Jun 1998
An appeal to the IMF
An appeal to the IMF Indonesia's economic condition has reached a most precarious point. The sorry state of our economy is reflected in the inadequacy of our foreign exchange reserves and in the disarray that exists in our services, production, investment and distribution sectors.
Mon, 01 Jun 1998
Historic turning point
Historic turning point The last few weeks represent what in my mind is a historic turning point for Indonesia and something of a coming of age for this young nation. The leadership shown from such diverse people as Gen. Wiranto and Dr.
Mon, 01 Jun 1998
RI war, strike premiums cut
RI war, strike premiums cut LONDON (Dow Jones): The London-based War Risks Rating Committee has reduced its insurance rating for Indonesia on which war and strike risk premiums are payable effective 1600 GMT Friday, WRRC announced Friday.
Mon, 01 Jun 1998
Campus student organizations get greenlight for autonomy
Campus student organizations get greenlight for autonomy JAKARTA (JP): New Minister of Education and Culture Juwono Sudarsono has said student organizations will no longer have to fall in line with the dictates of university rectors."Student organizations will be independent.
Mon, 01 Jun 1998
Can religion and politics meld in party platform?
Can religion and politics meld in party platform? JAKARTA (JP): Soeharto's resignation from the presidency last month threw the door wide open for greater political expression, and also put back on the front burner a long-simmering debate over whether there should be religion-affiliated political...
Mon, 01 Jun 1998
Bureaucrats, ABRI 'must not sit in MPR'
Bureaucrats, ABRI 'must not sit in MPR' JAKARTA (JP): United Development Party (PPP) chairman Ismail Hasan Metareum said over the weekend that cabinet ministers, governors and Armed Forces (ABRI) leaders should no longer be recruited as members of the People's Consultative Assembly (MPR).
Mon, 01 Jun 1998
Bulog accused of collusion
Bulog accused of collusion JAKARTA (JP): The head of Jakarta's Organization of Land Transportation Owners, Aip Sjaifudin, has accused the State Logistics Agency (Bulog) of colluding with middle men in arranging the transportation of foodstuffs.
Mon, 01 Jun 1998
Wait and see for island prisoners
Wait and see for island prisoners CILACAP, Central Java: Nusakambangan Island penitentiary head, Soepardi, said he does not expect the 10 political prisoners on the island to be released anytime soon.Soepardi told The Jakarta Post yesterday that those serving time on the island have been charged...