Archive: 18 June 1998
52 articles found
Thu, 18 Jun 1998
New MPI must be fully independent: Minister
New MPI must be fully independent: Minister JAKARTA (JP): Minister of Forestry and Plantations Muslimin Nasution met with the Indonesian Forestry Society for Reform (MPI Reformasi), a grouping established by businesspeople in the forestry sector to replace the old MPI, an organization once...
Thu, 18 Jun 1998
Citra Marga rating cut
Citra Marga rating cut TOKYO (Dow Jones): Japan Credit Rating Agency said yesterday it has downgraded the preliminary long-debt rating on PT Citra Marga Nusaphala Persada to C from B.The preliminary rating on bonds to be offered by the Indonesian issuer remains under its credit monitor, JCR said.
Thu, 18 Jun 1998
OPEC basket price $10.47
OPEC basket price $10.47 LONDON (Reuters): The price of OPEC's basket of seven crudes edged up to US$10.47 a barrel yesterday from $10.11, 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...
Thu, 18 Jun 1998
Pakistan off ASEAN guest list
Pakistan off ASEAN guest list MANILA (Reuters): The ASEAN Regional Forum (ARF) has decided not to invite Pakistan to a ministerial conference in Manila next month, Philippine Foreign Affairs Secretary Domingo Siazon said yesterday.
Thu, 18 Jun 1998
Police College schedules new postgraduate classes
Police College schedules new postgraduate classes JAKARTA (JP): The Police College (PTIK) will introduce a new postgraduate degree course next year and will welcome applications from non-police students, an official said yesterday.PTIK governor Maj. Gen.
Thu, 18 Jun 1998
Inhutani III to enter oil palm sector
Inhutani III to enter oil palm sector JAKARTA (JP): State timber company PT Inhutani III said yesterday that it planned to develop 60,000 hectares of oil palm plantation in its concession areas.Inhutani III president Soeyoto Wongsoredjo said that the company was still looking for private partners...
Thu, 18 Jun 1998
Sultan of Yogya, a feudalistic figure who opposes feudalism
Sultan of Yogya, a feudalistic figure who opposes feudalismBy Sutan Malekewi YOGYAKARTA (JP): "If the sultan is indeed a reformist, he must quit from Golkar," an artist shouted spiritedly.The challenge was voiced when Yogyakartan artists got together at the Keraton Yogyakarta compound to make a...
Thu, 18 Jun 1998
Thai, RI bandits collect 'tax' from Malaysians
Thai, RI bandits collect 'tax' from Malaysians KUALA LUMPUR (DPA): Thai and Indonesian bandits using speedboats and armed with M-16 automatic rifles are preying on Malaysian fishermen to collect "taxes" for straying into international waters to fish in the Straits of Malacca, a report said...
Thu, 18 Jun 1998
Former Kemayoran residents left in limbo
Former Kemayoran residents left in limbo JAKARTA (JP): Former Kemayoran district residents who were displaced for a controversial development project are asking councilors to force the developer to realize its plan and pay higher compensation, or give them their land back.
Thu, 18 Jun 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 17, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 450 0 0 AHAP Insurance 575 0 0 Alter Abadi 550 50 505,500 Alumindo Light Metal 325 25 13,500 Alumindo...
Thu, 18 Jun 1998
Yogyakarta PDI chapter deserts Soerjadi camp
Yogyakarta PDI chapter deserts Soerjadi camp YOGYAKARTA (JP): Soerjadi, the government-backed chairman of the Indonesian Democratic Party (PDI), effectively lost all support in Yogyakarta yesterday as branch members jumped ship and said they would now support Megawati Soekarnoputri.D.
Thu, 18 Jun 1998
Mega 'too busy' for Habibie invitation
Mega 'too busy' for Habibie invitation JAKARTA (JP): Opposition figure Megawati Soekarnoputri has declined several recent invitations to meet President B.J. Habibie, Minister/State Secretary Akbar Tandjung said yesterday.
Thu, 18 Jun 1998
Letter to the U.S. President
Letter to the U.S. President Mr. President,We, members of the House of Representatives of the Republic of Indonesia, hereby convey our warm greetings to you, Mr. President, and hope that you will always be in a position to fulfill your tasks.
Thu, 18 Jun 1998
Ghalib vows to continue alleged corruption probe
Ghalib vows to continue alleged corruption probe JAKARTA (JP): Newly appointed Attorney General Lt. Gen. Muhammad Ghalib pledged yesterday to continue the probe into corruption during the rule of former president Soeharto.
Thu, 18 Jun 1998
Bogor farmers rally for more compensation
Bogor farmers rally for more compensation BOGOR (JP): More than 200 farmers of Rancamaya village here went to the local mayoralty office and legislative council yesterday to make fresh demands about their former land, now the site of a luxury housing complex.
Thu, 18 Jun 1998
Public donations to city centers decrease sharply due to troubles
Public donations to city centers decrease sharply due to troubles JAKARTA (JP): The country's acute economic problems and seemingly never-ending protests have affected almost all activities, including social service centers.
Thu, 18 Jun 1998
RI to quit tin group
RI to quit tin group JAKARTA (JP): Indonesia will quit the Association of Tin Producing Countries (ATCP) in August because it regards the group as ineffective, president of publicly listed PT Tambang Timah Erry Riyana Hardjapamekas announced yesterday.
Thu, 18 Jun 1998
Cibinong's exports rises
Cibinong's exports rises JAKARTA (JP): Publicly listed PT Semen Cibinong said yesterday that its exports in the first five months of this year had increased while its domestic sales dropped 33 percent.The company said its exports of cement and clinker from January through May were 505,000 metric...
Thu, 18 Jun 1998
Ambiguous system
Ambiguous system After the whirlwind of reform, which grew into an national tornado that toppled Soeharto as head of state and replaced the government with a reform administration, one would expect that fresh air would be blowing in all directions.
Thu, 18 Jun 1998
Suparma's sales up 76%
Suparma's sales up 76% JAKARTA (JP): Publicly listed paper and carton manufacturer PT Suparma said yesterday it booked sales of Rp 91 billion (US$6 million) in the first quarter of this year, up 76 percent compared to the same period last year.
Thu, 18 Jun 1998
Rupiah falls to near 17,000 against dollar
Rupiah falls to near 17,000 against dollar JAKARTA (JP): The rupiah continued its free fall yesterday, almost touching its historic low of 17,000 against the U.S. dollar, because of rising dollar demand and persistent worries about political unrest.
Thu, 18 Jun 1998
Govt calls off drug 'self-dispensing' policy
Govt calls off drug 'self-dispensing' policy JAKARTA (JP): Pharmacists welcomed yesterday the government's decision to call off its plan to allow general practitioners to dispense generic drugs directly to patients.
Thu, 18 Jun 1998
Krakatau Steel agreement canceled
Krakatau Steel agreement canceled JAKARTA (JP): The government and Dutch firm Ispat N.V. have canceled a memorandum of understanding (MOU) for the purchase of a 49 percent stake in state-owned P.T. Krakatau Steel, an official of the State Enterprises Management Agency said yesterday.
Thu, 18 Jun 1998
Irian separatists kill three settlers
Irian separatists kill three settlers JAYAPURA, Irian Jaya: Separatist guerrillas killed three transmigrants yesterday who were on their way home from work at a nearby palm oil plantation.The three men -- Nurcholis, Saidi and Suparman -- all in their 20s, were on their way home to Arso I village...
Thu, 18 Jun 1998
A democratic multiparty system
A democratic multiparty systemBy Mulyana W. Kusumah JAKARTA (JP): Indonesia is witnessing the blooming of new political parties, a phenomenon virtually beyond any political prediction a short time ago.Aside from the Democratic People's Party (which was banned by the government) and the Indonesian...
Thu, 18 Jun 1998
Books on Betawi arts
Books on Betawi arts JAKARTA (JP): The city administration is to launch three books on Betawi (native Jakartan) arts and artists, Azhari Baedlawie, head of the city culture office, said on Tuesday.Azhari said the books would be launched by Governor Sutiyoso in conjunction with the opening of an...
Thu, 18 Jun 1998
Police autonomy calls receive strong support
Police autonomy calls receive strong support JAKARTA (JP): Calls for the police to be separated from the ranks of the Armed Forces received strong support yesterday as retired generals and observers stressed the need to have an independent and credible police force.
Thu, 18 Jun 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on June 17, 1998: Buying Selling Rp Rp U.S. dollar 1 16,250.00 17,250.00Austrian shilling 1 1,255.80 1,416.90Australian dollar 1 9,784.50 10,320.00Belgian franc 1 443.80 465.
Thu, 18 Jun 1998
Governor solicits public criticism
Governor solicits public criticism JAKARTA (JP): Governor Sutiyoso opened the door yesterday for all Jakartans to provide criticism and input to assist city officials in stamping out malfeasance."I open wide the opportunity for the people.
Thu, 18 Jun 1998
Sudwikatmono, Bambang resign from Tri Polyta
Sudwikatmono, Bambang resign from Tri Polyta JAKARTA (JP): Former president Soeharto's second son Bambang Trihatmodjo and cousin Sudwikatmono resigned yesterday from publicly listed petrochemical firm PT Tri Polyta Indonesia amid growing public demands for an investigation into the family's wealth.
Thu, 18 Jun 1998
Has the Javan tiger become another dodo?
Has the Javan tiger become another dodo?By Widyarto SURABAYA (JP): Some regard the Javan tiger as an extinct species, while others contradict this assumption. Ironically, while the argument over the existence of the Javan tiger has yet to be resolved, its last habitat, in Meru Betiri National Park,...
Thu, 18 Jun 1998
IMF pressed to review its Asian strategy
IMF pressed to review its Asian strategy HONG KONG (Dow Jones): Asia's economies are choking on the harsh medicine ordered by the International Monetary Fund. As a result, more and more economists are saying it's time to rewrite the IMF prescriptions of high rates and anemic government spending,...
Thu, 18 Jun 1998
Where to go in Bali:
Where to go in Bali:Exhibition * Painting Exhibition: Patterning in Contemporary Art - Layers of Meaning, at Museum Puri Lukisan, Jl. Raya Ubud, Ubud (Phone: 0361 975136), 8 a.m. to 4 p.m. until June 26.
Thu, 18 Jun 1998
Work stops on Rp 2.3b house
Work stops on Rp 2.3b house BANDARLAMPUNG, Lampung: Construction on the Rp 2.3 billion official residence of the Bandar Lampung mayor has been put on hold because of the economic crisis, Antara reported.
Thu, 18 Jun 1998
Religious leaders slam 'racial' riots
Religious leaders slam 'racial' riots JAKARTA (JP): Leaders of all the country's major religions have condemned the "racial" riots in Jakarta last month that left more than 1,000 people dead and called for an independent team to investigate what they termed "despicable and barbaric acts".
Thu, 18 Jun 1998
Aid to NGOs in Indonesia
Aid to NGOs in Indonesia The news report that Surya daily quoted from The New York Times May 20, 1998, which was later denied by Indonesia's non- governmental organizations (NGOs), represented by the Indonesian Environmental Forum and the Indonesian Biodiversity Foundation, and also by Amien Rais,...
Thu, 18 Jun 1998
Leave U.S. financial aid for NGOs alone
Leave U.S. financial aid for NGOs alone Concerns have been raised that U.S. aid for non-governmental organizations (NGOs) might have been used to disrupt stability in Indonesia. Kastorius Sinaga, a social sciences lecturer at the University of Indonesia, discusses the issue.
Thu, 18 Jun 1998
Habibie says he now puts people's welfare first
Habibie says he now puts people's welfare first JAKARTA (JP): President B.J. Habibie has confessed that as state minister of research and technology he was obsessed with the development of technology in Indonesia but now as president he is more concerned about ensuring people's basic welfare.
Thu, 18 Jun 1998
No unloading at Tanjung Perak
No unloading at Tanjung Perak SURABAYA: Loading and unloading activities at Tanjung Perak Port have been at a standstill for last three days because of strikes by some 6,000 dock workers demanding higher wages.
Thu, 18 Jun 1998
Ratna to stage 'Marsinah Menggugat'
Ratna to stage 'Marsinah Menggugat' JAKARTA (JP): Playwright Ratna Sarumpaet plans to stage Marsinah Menggugat (Marsinah Accuses) at Universitas Nasional, South Jakarta tomorrow at 8 p.m.According to a 1995 government decree, no permits are needed to stage art performances, but Marsinah Menggugat...
Thu, 18 Jun 1998
Hindoro's death investigated
Hindoro's death investigated JAKARTA (JP): City police detectives have started questioning a number of witnesses to the Tuesday incident which lead to the death of Hindoro Budianto, 52, a suspect in a multi-billion rupiah bank fraud, an officer said yesterday.City police spokesman Lt. Col. E.
Thu, 18 Jun 1998
Japan's woes mean a fresh blow to Asia
Japan's woes mean a fresh blow to Asia MANILA (Reuters): Japan's recession means it will take even longer than expected for the rest of Asia to pull out of its year-old financial crisis, the chief economist of the Manila- based Asian Development Bank said yesterday.
Thu, 18 Jun 1998
105 confined female workers escape from labor supply firm
105 confined female workers escape from labor supply firm JAKARTA (JP): One hundred and five female workers revealed yesterday that they were tortured and raped while being locked up for between six and eight months by a manpower placement company at its shelter in Cilincing, North Jakarta.
Thu, 18 Jun 1998
Economist calls on govt to nationalize Soeharto's wealth
Economist calls on govt to nationalize Soeharto's wealth JAKARTA (JP): Economist Mohammad Sadli called on the government yesterday to take over all the assets and corporate stocks belonging to former president Soeharto and his family to help ease the country's economic crisis.
Thu, 18 Jun 1998
Wiranto rejects backing for him to lead the nation
Wiranto rejects backing for him to lead the nation JOMBANG, East Java (JP): Minister of Defense and Security/Armed Forces (ABRI) Commander Gen. Wiranto yesterday gently declined some highly influential East Javan religious teachers' support for him to lead the nation.
Thu, 18 Jun 1998
Indonesia's economy heading for stagnation, says Miranda
Indonesia's economy heading for stagnation, says Miranda JAKARTA (JP): Current indicators show that Indonesia's economy is deteriorating into stagnation which, coupled with current political uncertainty, will limit the economic tools available to lift the country out of the economic crisis, Bank...
Thu, 18 Jun 1998
Pertamina strikes deals to import crude oil, fuel
Pertamina strikes deals to import crude oil, fuel JAKARTA (JP): State oil and gas company Pertamina announced yesterday that it has struck deals to import crude oil and fuel, ending speculation that it was unable to do so because of a poor international network and cash flow problems.
Thu, 18 Jun 1998
Official says no ifs about Indonesia competing in Asiad
Official says no ifs about Indonesia competing in Asiad JAKARTA (JP): Cash-strapped Indonesia must take part in the 13th Asian Games in Bangkok next December at all costs, a sports official said yesterday.
Thu, 18 Jun 1998
More land for settlers
More land for settlers JAKARTA: The government has succumbed to a demand by settlers from Palas, Lampung Selatan regency, to give them land which they claimed should have been given to them as far back as in 1971.
Thu, 18 Jun 1998
Where to go in Surabaya:
Where to go in Surabaya:Exhibition * Poster Exhibition: World Cup '98, at CCF - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5678639), 9 a.m. to 8:30 p.m., June 22 through July 13.Performance * Musical Drama: Ayub by Frateran Senior High School, at CCF, 5 p.m. to 6:30 p.m., June 19.
Thu, 18 Jun 1998
Hopewell reviews RI options
Hopewell reviews RI options HONG KONG (Reuters): Hong Kong's Hopewell Holdings Ltd is reviewing the near and long-term outlook for its Indonesian investments, a spokeswoman for the company said yesterday.
Thu, 18 Jun 1998
YPF Indonesia joins Kodeco's Madura oil block
YPF Indonesia joins Kodeco's Madura oil block JAKARTA (JP): Oil and gas company Kodeco Energy Co. Ltd., a subsidiary of South Korea's Kodeco Group, has sold half of its 50 percent stake in the Western Madura offshore block to YPF Indonesia, a subsidiary of Argentina's YPF S.A.