Archive: 10 June 1998
58 articles found
Wed, 10 Jun 1998
Southeast Asia bookies set to cash in
Southeast Asia bookies set to cash in SINGAPORE (Reuters): Illegal bookies in gambling crazed Southeast Asia are poised to make a killing as the World Cup kicks off, offering odds rivaling the best London bookmakers, pundits said yesterday.
Wed, 10 Jun 1998
Indonesia, Singapore Navies launch joint civic work mission
Indonesia, Singapore Navies launch joint civic work mission PALEMBANG, South Sumatra (JP): The Navy will continue to place a strong emphasis in its civic work missions to help alleviate poverty in the country's least developed areas."The Navy sees the Baskara Jaya civic work mission as a must.
Wed, 10 Jun 1998
Trend toward more democracy continues in Asia
Trend toward more democracy continues in AsiaBy Olaf Jahn HONG KONG (DPA): The collapse of the Soeharto regime in Indonesia was only the latest chapter in a pro-democratic domino effect that has been transforming Asia for a dozen years.
Wed, 10 Jun 1998
Yen's fall a bane and boon for Japan, curse for Asia
Yen's fall a bane and boon for Japan, curse for AsiaBy Linda Sieg TOKYO (Reuters): Japanese policy-makers confronting an ever weaker yen could be forgiven a bit of ambivalence, given conflicting views on how much a falling currency helps or hinders the beleaguered economy.
Wed, 10 Jun 1998
Weakening yen continues to overshadow markets
Weakening yen continues to overshadow markets SINGAPORE (Reuters): Japan's sliding currency made Asian markets suffer again on Tuesday as worries about the weak yen's impact on regional stability and competitiveness overshadowed trade.
Wed, 10 Jun 1998
The Chinese become the silent minority
The Chinese become the silent minorityBy Sri Lestari JAKARTA (JP): Not long after the first riots broke out in Jakarta less than a month ago, hundreds, or even thousands, of people hastily grabbed their belongings and fled the city in fear of their lives. Some even left the country.
Wed, 10 Jun 1998
Indonesian women in politics
Indonesian women in politicsBy Johannes Nugroho SURABAYA (JP): The inception of the Indonesian Women's Party (PPI) by novelist La Rose recently brought forth the issue of women's role in the governance of this country.
Wed, 10 Jun 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film 3:05 Family's Film 4:00 Regional News 4:30 Teen Program: Remaja Indonesia 5:00 Science and Technology Program 5:30 Education Quiz: Cepat Tepat 6:05 My Country: Rona Nusantara 6:15 Sports 6:30 TVRI News (in English) 7:00 Evening...
Wed, 10 Jun 1998
Prosecutors ignore defense request in Trisakti hearing
Prosecutors ignore defense request in Trisakti hearing JAKARTA (JP): The second session of the court-martial of two police officers involved in the Trisakti shooting incident ended in tension yesterday after prosecutors ignored a defense request to respond to the prosecutor's statement.
Wed, 10 Jun 1998
DNA test shows Sumatran tiger a separate species
DNA test shows Sumatran tiger a separate species WASHINGTON (Reuters): DNA evidence shows that Sumatran tigers are a separate species from other tigers, which means extra efforts are needed to save them, scientists said on Monday.
Wed, 10 Jun 1998
Habibie says he won't contest next election
Habibie says he won't contest next election JAKARTA (Reuters): President B.J. Habibie said here yesterday he was pushing Indonesia's electoral reform programs as fast as possible despite calls by critics for even speedier elections.
Wed, 10 Jun 1998
No need for new political laws, experts say
No need for new political laws, experts say JAKARTA (JP): Most political experts believe Indonesia no longer needs laws to govern political parties as the new electoral law, currently being drafted, should be sufficient.
Wed, 10 Jun 1998
Beware of divisive sentiment
Beware of divisive sentiment There should be no place for racial prejudice by citizens of this country against fellow citizens. The preamble of Indonesia's 1945 Constitution clearly states that one of the nation's duties is to protect all the people.
Wed, 10 Jun 1998
Indonesia's ties with Egypt based on long history
Indonesia's ties with Egypt based on long historyBy Al Busyra Basnur JAKARTA (JP): The Treaty of Cordiality and Friendship, which was signed by Indonesia and Egypt on June 10 1947, is a very important document in the history of the bilateral relations between the two countries.
Wed, 10 Jun 1998
Investigators find proof linking Clinton to Riady
Investigators find proof linking Clinton to Riady WASHINGTON (AP): In the earliest evidence linking United States President Bill Clinton to a foreign donation, investigators have unearthed a 1992 memo indicating James Riady took a coveted private car ride with Clinton just before the Indonesian...
Wed, 10 Jun 1998
Minister admits anomaly in sales of fertilizer
Minister admits anomaly in sales of fertilizer JAKARTA (JP): The Ministry of Agriculture admitted yesterday that malfeasance occurred in the distribution of subsidized fertilizers earmarked for farmers.
Wed, 10 Jun 1998
Asahan not to boost output
Asahan not to boost output TOKYO (Reuters): Nippon Asahan Aluminium Co Ltd said yesterday that operation rates at its smelter in Indonesia remained reduced as recent rainfall had failed to boost water levels at a lake that supplies power to the plant."Rain fell on the smelter, but not over the lake.
Wed, 10 Jun 1998
Malaysia-Myanmar trade
Malaysia-Myanmar trade KUALA LUMPUR (DPA): Malaysia and Myanmar inked a bilateral agreement yesterday to increase bilateral trade, which officials indicate would also take the form of "product exchange" or barter trade on selected products.
Wed, 10 Jun 1998
PWI, SPS oppose new press rulings
PWI, SPS oppose new press rulings JAKARTA (JP): The Association of Indonesian Journalists (PWI) and the Association of Indonesian Publishers (SPS) have joined forces in calling on the government to annul a newly issued decree allowing it to freeze errant media's publishing licenses for an...
Wed, 10 Jun 1998
GMBI receives ISO award
GMBI receives ISO award JAKARTA (JP): Automobile manufacturer PT General Motors Buana Indonesia (GMBI), the Indonesian producer of Opel vehicles, announced yesterday it has been awarded an ISO 9002 certification for its production and service quality.
Wed, 10 Jun 1998
Three die in train collision
Three die in train collision TEGAL, Central Java: At least three people died and several houses were burned down by a fire when a train loaded with fuel oil crashed into a steamroller crossing the railroad tracks near Kebasen village, on the outskirts of Tegal, yesterday.
Wed, 10 Jun 1998
Scavengers 'eat' Harmoko's home
Scavengers 'eat' Harmoko's home SUKOHARJO, Central Java: A swarm of scavengers broke down the walls of House of Representatives Speaker Harmoko's house in Grogol village, Sukoharjo yesterday, and "devoured" whatever they could.
Wed, 10 Jun 1998
Water tariffs to be cut by a quarter
Water tariffs to be cut by a quarter JAKARTA (JP): The city administration, beset by a deluge of complaints over new tap water rates, decided yesterday to lower them by an average of 25 percent starting next month.
Wed, 10 Jun 1998
Marina Mahathir marries RI photographer
Marina Mahathir marries RI photographer JAKARTA (JP): Malaysian premier Mahathir Mohamad's eldest daughter Marina Mahathir married Indonesian professional photographer Tara Sosrowardoyo Sunday at Sri Perdana, the prime minister's official residence.
Wed, 10 Jun 1998
Haves, have-nots: Asia's outlook
Haves, have-nots: Asia's outlook SINGAPORE (Reuters): Japan is emerging as the biggest question mark for Asia's economies, most of which are expected to continue to perform poorly over the next six months, according to analysts polled for a Reuters survey.
Wed, 10 Jun 1998
The death of our airlines
The death of our airlines Five of our regular airlines are reported to be on the brink of being compelled to halt their operations because of soaring operating expenses and falling revenues sparked by the prolonged economic crisis.
Wed, 10 Jun 1998
Energy firm says Indonesian power contract guaranteed
Energy firm says Indonesian power contract guaranteed MELBOURNE (Dow Jones): Australian energy company, Energy Equity Corp., denied yesterday its power purchase agreement with Indonesia's state-owned power company is under threat.
Wed, 10 Jun 1998
Right action to take
Right action to takeFrom NeracaRecently all newspapers carried a report that Bank Indonesia (BI) had sustained losses of more than Rp 83 trillion in connection with the take-over of six problem-fraught banks.
Wed, 10 Jun 1998
Distressed debt a new asset class in Asia
Distressed debt a new asset class in AsiaBy Andrea Ricci HONG KONG (Reuters): Asia's decline in fortunes has created a new class of securities previously associated with troubled Latin economies but not robust Asia -- distressed debt.
Wed, 10 Jun 1998
Team set up to probe officials' wealth
Team set up to probe officials' wealth JAKARTA (JP): The Attorney General's Office has formed a team, headed by Deputy Attorney General for Civil and State Administrative Courts Soehanjono, to investigate the wealth of current and past government officials.
Wed, 10 Jun 1998
Former U.S. envoy to RI dies at 82
Former U.S. envoy to RI dies at 82 WASHINGTON (AP): Marshall Green, a former U.S. ambassador to Indonesia and Australia who also served as an assistant secretary of state, is dead at age 82.A Washington resident, Green was playing golf with his son when he suffered a heart attack.
Wed, 10 Jun 1998
Trauma and horror remains for women raped by rioters
Trauma and horror remains for women raped by rioters JAKARTA (JP): The debris around many of the buildings damaged during last month's riots has been cleaned up and business is slowly restarting.But for most of the women raped between May 13 and May 15 just facing up to the fact that they are still...
Wed, 10 Jun 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 9, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 450 -50 3,000 AHAP Insurance 575 25 500 Alter Abadi 525 -25 1,124,500 Alumindo Light Metal 300 0...
Wed, 10 Jun 1998
Police 'must be separated from ABRI'
Police 'must be separated from ABRI' JAKARTA (JP): The National Commission on Human Rights recommended yesterday that the police be separated from the Armed Forces so it could be independent and be in a better position to serve and protect the public.
Wed, 10 Jun 1998
IMF promises fast action on Indonesia loan
IMF promises fast action on Indonesia loan WASHINGTON (Reuters): The International Monetary Fund said it could resume lending to Indonesia by early July or sooner, and promised subsidies would remain in place to help the poor cope with rising prices.
Wed, 10 Jun 1998
Oil traders make beeline to Pertamina offices
Oil traders make beeline to Pertamina offices SINGAPORE (Reuters): Oil traders are making a beeline to the offices of the just liberalized Indonesian state oil monopoly Pertamina, jostling for lucrative multi-million dollar supply contracts, industry sources said yesterday.
Wed, 10 Jun 1998
Probo defends Soeharto's integrity
Probo defends Soeharto's integrity JAKARTA (JP): Soeharto's half-brother Probosutedjo deplored yesterday baseless allegations over the former president's wealth, claiming Soeharto never used his power to enrich himself or his children.
Wed, 10 Jun 1998
19 killed in shop fire
19 killed in shop fire PALEMBANG, South Sumatra: Nineteen people died and dozens others were hospitalized when they were trapped in a fire that razed a shopping center and theater building in the South Sumatran capital Monday evening.
Wed, 10 Jun 1998
Telkom's partners face trouble meeting targets
Telkom's partners face trouble meeting targets JAKARTA (JP): Partners of state-owned telecommunications firm PT Telekomunikasi Indonesia (Telkom) admitted yesterday the crisis was making it difficult for them to meet targets for telephone line installation.
Wed, 10 Jun 1998
Airport cab drivers protest collusion
Airport cab drivers protest collusion TANGERANG (JP): Hundreds of taxi drivers licensed to operate out of Soekarno-Hatta International Airport protested about the operation of unofficial taxies at the airport and the corrupt security officials who assist them yesterday.
Wed, 10 Jun 1998
Habibie no economic savior, says sennior economist
Habibie no economic savior, says sennior economist MELBOURNE (Reuters): A senior Indonesian economist said yesterday he doubted the nation's battered economy could recover with new President B.J. Habibie at the helm.
Wed, 10 Jun 1998
World Cup likely to bring lull in political tension
World Cup likely to bring lull in political tension JAKARTA (JP): Not only does the World Cup, which kicks off today, promise hectic competition, but a respite to the country's looming political and economic tension.Minister of Defense and Security/Armed Forces Chief Gen.
Wed, 10 Jun 1998
Ramos links IMF to Asian dilemma
Ramos links IMF to Asian dilemma MANILA (Reuters): The International Monetary Fund's rescue plan for Indonesia and Thailand may have worsened the two countries' economic problems, Philippine President Fidel Ramos said.
Wed, 10 Jun 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on June 9, 1998: Buying Selling Rp Rp U.S. dollar 1 11,300.00 12,300.00Austrian shilling 1 880.80 1,012.60Australian dollar 1 6,789.90 7,302.20Belgian franc 1 311.40 332.70Canadian dollar 1 7,831.
Wed, 10 Jun 1998
Garbage dump sparks protest
Garbage dump sparks protest BOGOR (JP): A group of Rancamaya village residents here staged a protest Monday to vent their opposition against the existence of a garbage dump 200 meters away from their residential area.
Wed, 10 Jun 1998
Our national unity
Our national unity It has been almost a month since the riots that rocked Jakarta between May 13 and May 15. The wounds from the violence, arson and looting of those days are, however, still far from healed.
Wed, 10 Jun 1998
164,000 workers quit PT Jamsostek
164,000 workers quit PT Jamsostek KUDUS, Central Java: More than 164,000 employees of cigarette factories in the city yesterday announced they were withdrawing from the state social security program PT Jamsostek.
Wed, 10 Jun 1998
Rupiah remains weak but stock prices up slightly
Rupiah remains weak but stock prices up slightly JAKARTA (JP): The rupiah remained weak yesterday due to political uncertainty but share prices rose slightly in thin trading on the wake of late buying support.
Wed, 10 Jun 1998
BI to handle credit supply to small firms
BI to handle credit supply to small firms JAKARTA (JP): Bank Indonesia will take over the overall supply of subsidized credit to small and medium-scale businesses because the country's commercial banks can no longer make any contribution, a top official of the central bank said.
Wed, 10 Jun 1998
Indonesia to ratify human rights pacts
Indonesia to ratify human rights pacts JAKARTA (JP): Indonesia will begin a five-year National Action Plan on Human Rights later this month in an attempt to better its much maligned international image on rights issues.President B.J.
Wed, 10 Jun 1998
Govt urged to restore late Dharsono's name
Govt urged to restore late Dharsono's name JAKARTA (JP): A group of senior government critics is urging President B.J. Habibie's government to restore the good name of the late Hartono Rekso Dharsono, a soldier and diplomat whom former president Soeharto's regime jailed for subversion.
Wed, 10 Jun 1998
Friend hunted in Yemeni murder
Friend hunted in Yemeni murder JAKARTA (JP): Police are hunting a friend of a Yemeni man murdered in Hotel Pitagiri in Palmerah, West Jakarta, on Monday morning."Officers of the Palmerah police subprecinct are looking for the victim's local friend, identified as Rusdi, 25, as some clues have...
Wed, 10 Jun 1998
BI support for ailing banks up to Rp 132t
BI support for ailing banks up to Rp 132t JAKARTA (JP): Bank Indonesia (BI) reported yesterday that its net claims on the Indonesian Bank Restructuring Agency (IBRA) jumped to Rp 132.12 trillion (US$11.49 billion) on June 5 from Rp 124.63 trillion the previous week.
Wed, 10 Jun 1998
Irianese protest over planned eviction
Irianese protest over planned eviction JAKARTA (JP): About 100 Irianese staged a peaceful demonstration at City Hall yesterday to protest a statement by Governor Sutiyoso that he would expel them from their Tanah Abang dormitory in Central Jakarta because of their repeated clashes with neighboring...
Wed, 10 Jun 1998
Karimun shipyard on hold
Karimun shipyard on hold SINGAPORE (Reuters): Jurong Shipyard Ltd has put on hold expansion plans at its Karimun shipyard in Indonesia due to uncertainties in the crisis-stricken country, chairman Lua Cheng Eng said yesterday."We are on hold. We just can't do anything now.
Wed, 10 Jun 1998
Seven top businessmen named as special business envoys
Seven top businessmen named as special business envoys JAKARTA (JP): President B.J. Habibie will appoint seven of the country's top businessmen as special envoys with ambassadorial rank to help promote the Indonesian economy abroad and improve foreign investor confidence.
Wed, 10 Jun 1998
Blaming the victim
Blaming the victim In his letter of June 30, Mr. Sumarsono finds fault with the fact that many Chinese-Indonesians chose to flee the country during the riots which engulfed Indonesia several weeks ago. He also cites their siege mentality, feeling of victimization and lack of commitment as reasons...
Wed, 10 Jun 1998
AG and BPKP to audit all Pertamina contracts
AG and BPKP to audit all Pertamina contracts JAKARTA (JP): The Attorney General's Office and the Development Finance Comptroller (BPKP) will conduct legal and financial audits of contracts between the state oil and gas company Pertamina and companies linked to former president Soeharto's family and...