Archive: 16 June 1998
55 articles found
Tue, 16 Jun 1998
Nothing noble about turncoats
Nothing noble about turncoatsFrom MerdekaStudent demonstrations demanding reform in all fields led former president Soeharto to step down.We now hear frequent insults and mocking criticism. It would be understandable if it came from the people known to be vocal in their criticism against the...
Tue, 16 Jun 1998
Regent to help downtrodden
Regent to help downtrodden JAKARTA (JP): About 30 percent of people of working age are jobless in Tangerang regency's population of two million, its regent has said.Agus Junara promised Sunday that his office would soon provide free chicks and fish to poor families so they could raise the livestock.
Tue, 16 Jun 1998
RI's oppressed minorities
RI's oppressed minorities The Chinese in Indonesia have been well served by the policies of Indonesia's post-Independence governments, which have maintained a discriminatory, emasculating regulatory scheme that deprives Chinese-Indonesians of basic civil rights.
Tue, 16 Jun 1998
Asian crude market awaits news from RI
Asian crude market awaits news from RI SINGAPORE (Reuters): Focus in the Asian crude market this week will be on July export availabilities from Indonesia and the Middle East which help determine the direction of the market, traders said yesterday.
Tue, 16 Jun 1998
Palm oil prices likely to stay firm this week
Palm oil prices likely to stay firm this week KUALA LUMPUR (Reuters): Asian palm oil prices are likely to stay firm with prospects of fresh export business and weakness in regional currencies underpinning sentiment, traders said.
Tue, 16 Jun 1998
HK's Hopewell to postpone Tanjung Jati Power projects
HK's Hopewell to postpone Tanjung Jati Power projects HONG KONG (Dow Jones): Hopewell Holdings Ltd. chairman Sir Gordon Wu said the Hong Kong-based infrastructure developer's US$1.77 billion Tanjung Jati B power generator project would be postponed for one to two years.
Tue, 16 Jun 1998
TV today
TV todayTVRI 12:15 p.m. World Cup Soccer (rerun) 2:00 News: Berita 14 2:35 Children's Film: Family Album 3:05 Children's Music: Album Kenangan Anak 3:30 Village Program 4:00 Regional News 4:30 Music: Lagu Pop Daerah 5:00 English Lessons 5:30 Documentary Film: Suku Sawang 6:00 News: Lintasan Berita...
Tue, 16 Jun 1998
Property company PSP suspended from JSX
Property company PSP suspended from JSX JAKARTA (JP): The Jakarta Stock Exchange (JSX) suspended trading activities yesterday in property company PT Putra Surya Perkasa (PSP) for failing to submit its 1997 financial reports and to pay a Rp 10 million (US$680) fine.
Tue, 16 Jun 1998
Govt begin efforts to tackle corruption
Govt begin efforts to tackle corruption JAKARTA (JP): The Coordinating Minister for Development Supervision and State Administrative Reforms revealed yesterday that he had ordered all ministers, governors, heads of state owned companies and related officials to speed up efforts to reduce the...
Tue, 16 Jun 1998
Immigration office in Medan
Immigration office in Medan With reference to Donna K Woodward's letter in The Jakarta Post of Saturday, June 6, 1998, which was intended as a response to the letter of the public relations head of the Directorate General of Immigration (M.A.
Tue, 16 Jun 1998
Newspaper reporter tried for faking press card
Newspaper reporter tried for faking press card JAKARTA (JP): A newspaper reporter was indicted at Central Jakarta District Court yesterday for faking a press identification card specially designed for members of the media covering the general session of the People's Consultative Assembly (MPR) in...
Tue, 16 Jun 1998
Mitsubishi to restart RI auto plant
Mitsubishi to restart RI auto plant TOKYO (Reuters): Mitsubishi Motors Corp president Katsuhiko Kawasoe said yesterday that his company plans to restart a stalled automobile plant project in Indonesia following the change of government there.
Tue, 16 Jun 1998
'Self-dispending' policy welcomed by doctors' body
'Self-dispending' policy welcomed by doctors' body JAKARTA (JP): The Indonesian Doctors Association (IDI) welcomed yesterday the government's "self-dispensing" policy which will see general practitioners directly provide medicines to their patients.
Tue, 16 Jun 1998
Tutut resigns from BCA
Tutut resigns from BCA JAKARTA (JP): Former president Soeharto's daughter Siti Hardijanti Rukmana, popularly known as Tutut, has resigned as a commissioner of Bank Central Asia (BCA), the bank said yesterday.BCA director A.
Tue, 16 Jun 1998
IMF loses momentum in helping RI
IMF loses momentum in helping RI The economy continues to deteriorate while the International Monetary Fund dithers over when it will disburse the next tranche of its bail-out fund for the country. Economist Kwik Kian Gie discusses its impact.
Tue, 16 Jun 1998
Asian stocks plunge after fresh yen slide
Asian stocks plunge after fresh yen slide SINGAPORE (Reuters): A slide in the embattled yen past the 146-per-dollar mark yesterday unleashed ferocious pressures on regional stock exchanges, with Hong Kong leading the way with a drop of 6 percent before a slight recovery.The yen hit 146.
Tue, 16 Jun 1998
Body found under garbage
Body found under garbage BOGOR (JP): The body of a man buried by garbage in Rancamaya on Saturday was found yesterday.The body, identified as that of Usup, 25, was discovered at 8:30 a.m. by his brothers after a lengthy search.
Tue, 16 Jun 1998
Doubts about the IMF
Doubts about the IMF According to our records, in the nine months that it has been involved (in assisting Indonesia), the International Monetary Fund has released US$1 billion of a total of $43 billion it has committed to provide. This represents a most painful delay.
Tue, 16 Jun 1998
Sutiyoso gives assurance on city employees' wages
Sutiyoso gives assurance on city employees' wages JAKARTA (JP): Governor Sutiyoso guaranteed yesterday that the city administration would not withhold or cut salaries of its employees due to the crisis."Don't worry about that.
Tue, 16 Jun 1998
U.S. lifts work ban on RI students
U.S. lifts work ban on RI students JAKARTA (JP): Indonesian students in the United States can now work full-time on or off campus while pursuing their studies in order to allow them to support themselves financially, the U.S. Embassy said yesterday.
Tue, 16 Jun 1998
Ghalib named new attorney general
Ghalib named new attorney general JAKARTA (JP): President B.J. Habibie yesterday replaced Attorney General Soedjono C. Atmonegoro with the head of the Armed Forces (ABRI) prosecutor's office, Maj. Gen. Muhammad Ghalib.
Tue, 16 Jun 1998
Sumalindo Lestari expects higher earnings
Sumalindo Lestari expects higher earnings JAKARTA (JP): Publicly listed timber firm PT Sumalindo Lestari Jaya, a subsidiary of the country's largest automaker Astra International, expects an increase in earnings this year despite the economic crisis.
Tue, 16 Jun 1998
Riot rocks Tegal
Riot rocks Tegal TEGAL, Central Java (JP): At least 40 shops, a gas station and numerous vehicles were burned when about 15,000 people were involved in a riot with police and military personnel in the Central Java town of Tegal yesterday.
Tue, 16 Jun 1998
70 blind people protest at City Hall
70 blind people protest at City Hall JAKARTA (JP): A group of about 70 blind people went to City Hall yesterday to protest the cancellation of their cooperation with the city administration to manage a plot of land at Ragunan Zoo in South Jakarta in 1985.
Tue, 16 Jun 1998
N. Sumatra has new governor
N. Sumatra has new governor MEDAN, North Sumatra (JP): Minister of Home Affairs Syarwan Hamid swore in yesterday Maj. Gen. Rizal Nurdin as the new governor of North Sumatra, replacing Lt. Gen. (ret.) Radja Inal Siregar.
Tue, 16 Jun 1998
SE Asian currencies share yen's debacle
SE Asian currencies share yen's debacle SINGAPORE (Dow Jones): Sky-high offshore interest rates failed to protect Asia's regional currencies from yesterday's plunge in the yen and the resulting collapse of regional stock markets.
Tue, 16 Jun 1998
Time to return ill-gotten gains
Time to return ill-gotten gainsFrom MerdekaI agree to the demand made by many quarters to the effect that the wealth of the Soehartos must be investigated and returned to the people, especially now that Probosutedjo, as the "spokesman" of the Soeharto clan, has given the green light on condition...
Tue, 16 Jun 1998
City Island get credits
City Island get credits SINGAPORE (Dow Jones): City Developments Ltd. said yesterday it has signed a deal to lend US$7.35 million to its 30 percent owned Indonesian joint venture PT City Island Utama.City Developments, Singapore's biggest property developer, said the Indonesian company's other...
Tue, 16 Jun 1998
Alatas calls referendum in E. Timor 'unacceptable'
Alatas calls referendum in E. Timor 'unacceptable' JAKARTA (JP): Minister of Foreign Affairs Ali Alatas warned yesterday that a referendum on East Timor's status, as demanded by some East Timorese, would likely lead to clashes between supporters and opponents of integration with Indonesia.
Tue, 16 Jun 1998
RP centennial marks a glorious history
RP centennial marks a glorious historyBy Jamil Maidan Flores JAKARTA (JP): One hundred years ago this month, Emilio Aguinaldo y Famy, leader of the Filipino forces fighting for freedom against the Spanish colonial regime, unfurled what was to become the first Philippine national flag from the...
Tue, 16 Jun 1998
Hospital workers stage protest
Hospital workers stage protest JAKARTA (JP): At least 200 employees of Sumber Waras Hospital staged a rally inside the hospital complex on Jl. Kyai Tapa in West Jakarta yesterday, demanding the resignation of the chairman of Sumber Waras Health Foundation, Padmo Sumasto.
Tue, 16 Jun 1998
RI's budget deficit may exceed 3.2% of GDP
RI's budget deficit may exceed 3.2% of GDP JAKARTA (JP): International Monetary Fund (IMF) Asia Pacific director Hubert Neiss estimated yesterday that the Indonesian budget deficit in the 1998/99 fiscal year would be significantly higher than the initial estimate of 3.
Tue, 16 Jun 1998
Birth of sectarian parties
Birth of sectarian parties With the dawn of Indonesia's current era of genuine openness, many politicians are acting as if they have heard a divine voice telling them to go forth and beget new mediums of political expression.
Tue, 16 Jun 1998
Rupiah sinks to 14,700 as stocks lose grounds
Rupiah sinks to 14,700 as stocks lose grounds JAKARTA (JP): The rupiah sank 5 percent yesterday to close at 14,700 against the U.S. dollar as the Japanese yen touched its lowest level since August 1990.The stock market, battered by sinking turnover, slid 0.
Tue, 16 Jun 1998
Museum planned to honor Trisakti 'heroes of reform'
Museum planned to honor Trisakti 'heroes of reform' JAKARTA (JP): A month has passed since the tragic shooting of four Trisakti University students.But the May 12 incident will not be easily forgotten by lecturers, fellow students and the university's management.
Tue, 16 Jun 1998
Century manages more hotels
Century manages more hotels JAKARTA (JP): Hong Kong-based hotel chain Century International Hotels will manage three more hotels in Indonesia, the hotel chain announced yesterday.Two of the three hotels, which are all owned by PT Usaha Pariwisata Sukses, are located in Bali -- Hotel Bali Saphir in...
Tue, 16 Jun 1998
Advisor denies charges against Soeharto
Advisor denies charges against Soeharto JAKARTA (JP): Yohanes Yacob, an advisor hired by Soeharto to defend his interests, said allegations that the former president and his family had illegally amassed trillions of rupiah were untrue.
Tue, 16 Jun 1998
Stakes in banks 'should be limited' to 20 percent
Stakes in banks 'should be limited' to 20 percent JAKARTA (JP): The Federation of Private Domestic Banks (Perbanas) called on the government yesterday to limit bank ownership to no more than 20 percent.
Tue, 16 Jun 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on June 15, 1998: Buying Selling Rp Rp U.S. dollar 1 14,000.00 15,000.00Austrian shilling 1 1,079.70 1,228.90Australian dollar 1 8,365.80 8,924.40Belgian franc 1 381.50 404.20Canadian dollar 1 9,725.
Tue, 16 Jun 1998
Johor issues alert on piracy: Report
Johor issues alert on piracy: Report KUALA LUMPUR (AP): A Malaysian coastal state has warned fishermen not to wander too far into international waters where they may be easy prey for armed pirates, a newspaper reported yesterday.
Tue, 16 Jun 1998
Hydro plant to reach full power
Hydro plant to reach full power JAKARTA (JP): The 114-Megawatt (MW) hydropower plant in Kota Panjang, Riau owned by state electricity firm PT PLN is to begin operating fully in October, the company said yesterday.
Tue, 16 Jun 1998
Ex-regent grilled for six hours
Ex-regent grilled for six hours YOGYAKARTA: Former Bantul regent Col. Sri Roso Sudarmo was grilled for more than six hours by the military police here yesterday over allegations that he tried to bribe a Soeharto- linked foundation with Rp 1 billion (US$68,000) to get reappointed as regent.
Tue, 16 Jun 1998
Testimony has yet to connect suspects to Trisakti deaths
Testimony has yet to connect suspects to Trisakti deaths JAKARTA (JP): Four police officers summoned yesterday by prosecutors in the military tribunal investigating the Trisakti shooting said that neither of the defendants had shot the four victims.
Tue, 16 Jun 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 June 15 to June 21: U.S. dollar 1 Rp 11,750.00Austrian shilling 1 946.
Tue, 16 Jun 1998
Perhutani's soybean farm
Perhutani's soybean farm NGAWI, East Java (JP): State forestry firm Perum Perhutani will develop a 251.2-hectare soybean plantation in Ngawi, East Java, the company said recently.The head of Perhutani's Ngawi forest district, Noerhadi Siswoyo, said the soybean plantation was expected to yield 2.
Tue, 16 Jun 1998
Where to go in Bandung:
Where to go in Bandung:Exhibitions * Poster Exhibition: Jerman di Dalam Khayalan, at Goethe Institut Bandung, Jl. Martadinata 48 (Phone: 022 436440), until June 30. * Silver Accesories by Runa Jewelry at Preanger Aerowisata Bandung Hotel, Jl. Asia Afrika No. 81 (Phone: 022 431631), until June 30.
Tue, 16 Jun 1998
EU reform summit focuses on Asian economic crisis
EU reform summit focuses on Asian economic crisis CARDIFF (Reuters): Asia's economic crisis weighed on the European Union summit yesterday, with British Prime Minister Tony Blair telling fellow leaders the world economy faced its greatest risks in almost two decades.
Tue, 16 Jun 1998
Cattle and beef stocks running low
Cattle and beef stocks running low JAKARTA (JP): Beef may become a rarity soon due to a sharp decline in imported cows and beef, the chairman of the Indonesian Retail Merchants Association (Aprindo) said yesterday.
Tue, 16 Jun 1998
Helicopter crash a 'pure accident': Army
Helicopter crash a 'pure accident': Army JAKARTA (JP): Army Chief of Staff Gen. Subagyo Hadisiswoyo has pronounced a "pure accident" as the cause of the crash of an Army helicopter in East Timor earlier this month, Antara reported yesterday.
Tue, 16 Jun 1998
Garuda's new boss to limit operations, renegotiate debt
Garuda's new boss to limit operations, renegotiate debt JAKARTA (JP): National flag carrier Garuda Indonesia's newly appointed president Robby Djohan announced yesterday a massive restructuring plan to lift the ailing airline out of its financial crisis.
Tue, 16 Jun 1998
Tourist arrivals seen dropping 50%
Tourist arrivals seen dropping 50% JAKARTA (JP): The Indonesian Tourism Promotion Board (BPPI) predicts tourist arrivals may drop 50 percent from the 5.2 million visitors reported in 1997 if the current political and social situation persists.
Tue, 16 Jun 1998
Jamsostek looks to future to improve its image
Jamsostek looks to future to improve its imageBy Ridwan M. Sijabat JAKARTA (JP): PT Jamsostek, a state company that operates the only social security insurance policy for workers, has often been in the media spotlight in last eight months.
Tue, 16 Jun 1998
Is reform a mere elusive dream?
Is reform a mere elusive dream?By Russell Emmerson JAKARTA (JP): If we choose to be lyrical, we may compare Indonesia to a giant garuda in a glass cage. Upon seeing the bounty of freedom before it, it flaps its wings and tries to soar toward it, only to bump its head on the diaphanous prison that...
Tue, 16 Jun 1998
RI to open three sea-lanes for international passage
RI to open three sea-lanes for international passage JAKARTA (JP): Minister of Foreign Affairs Ali Alatas said yesterday that Indonesia would open three north-south sea-lanes to international shipping next year and that another east-west sea passage was also under consideration.
Tue, 16 Jun 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 15, 1998: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 450 0 0 AHAP Insurance 575 0 0 Alter Abadi 500 0 175,000 Alumindo Light Metal 375 0 0 Alumindo Perkasa 200...