Archive: 25 June 1998
63 articles found
Thu, 25 Jun 1998
Changing moods
Changing moods I find that we Indonesians are very receptive to new ideas, movements, etc. We quickly accept them, only to forget them in a short time. For example, everybody was very enthusiastic about the national discipline movement.
Thu, 25 Jun 1998
In search of our national identity
In search of our national identityBy Johannes Nugroho SURABAYA (JP): When asked why did he refuse to "denounce" former president Soeharto and appear reluctant to delve into the abdicated ruler's wealth President Habibie said "(because)...we are Indonesians".And it was only last month when Gen.
Thu, 25 Jun 1998
Rupiah weakens, stock prices gain ground
Rupiah weakens, stock prices gain ground JAKARTA (JP): The rupiah weakened to 14,800 against the U.S. dollar yesterday over regional weaknesses as local stock prices gained 1.9 percent on arbitrage trading of dollar-valued stocks.
Thu, 25 Jun 1998
Sinar Mas firms rule out dividends
Sinar Mas firms rule out dividends JAKARTA (JP): Shareholders of PT Indah Kiat Pulp & Paper Corp., PT Pabrik Kertas Tjiwi Kimia and PT SMART Corp. have agreed to not provide a dividend for the 1997 calender year due to the economic crisis, according to press statements from the companies.
Thu, 25 Jun 1998
PAL warns of end to operations
PAL warns of end to operations MANILA (DPA): Cash-strapped Philippine Airlines (PAL) warned yesterday that the Securities and Exchange Commission (SEC) may completely close the flag carrier after it was placed under temporary receivership amid worsening labor woes.
Thu, 25 Jun 1998
Women's multilation done in 'panic', expert says
Women's multilation done in 'panic', expert says JAKARTA (JP): The body of the woman who was found in Tangerang on Sunday was dismembered in a hurry with a sharp saw probably while the murderer was panicking, a forensic expert said yesterday.
Thu, 25 Jun 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on June 24, 1998: Buying Selling Rp Rp U.S. dollar 1 14,300.00 15,300.00Austrian shilling 1 1,086.50 1,241.60Australian dollar 1 8,680.10 9,286.50Belgian franc 1 383.80 408.10Canadian dollar 1 9,694.
Thu, 25 Jun 1998
Manila mulls ties with North Korea
Manila mulls ties with North Korea MANILA (DPA): The Philippines is considering bilateral relations with North Korea but is moving cautiously out of fear of a negative impact on the reconciliatory dialog between Pyongyang and Seoul, a top official said yesterday.
Thu, 25 Jun 1998
Tutut set to stay on at toll road company
Tutut set to stay on at toll road company JAKARTA (JP): The eldest daughter of former president Soeharto, Siti "Tutut" Hardijanti Rukmana, is set to stay on as president of the country's largest toll operator Citra Marga Nusaphala Persada (CMNP).
Thu, 25 Jun 1998
Work to salvage ship abandoned
Work to salvage ship abandoned BANJARMASIN, South Kalimantan: Efforts to salvage a shipwreck from the bottom of the River Martapura have been abandoned because the wreck is too rusty, Antara reported.Ahmad Husaini Baderi, the head of the museum and artifacts section at the South Kalimantan...
Thu, 25 Jun 1998
ABRI's homework
ABRI's homework The Armed Forces (ABRI) seems to need time to consolidate itself before it carries out thorough investigations into the three dramatic national tragedies which occurred recently. These are the shootings of the Trisakti University students, the disappearances of political activists...
Thu, 25 Jun 1998
Yogya woodcarvers sell Asmat statues
Yogya woodcarvers sell Asmat statues YOGYAKARTA: Woodcarvers in the Bantul district have been running a brisk export business selling statues replicated from the Irian Jaya Asmat tribe, Antara reported.
Thu, 25 Jun 1998
PDI's survey says Megawati favored as the next president
PDI's survey says Megawati favored as the next president JAKARTA (JP): Megawati Soekarnoputri tops the list by a big margin in a nationwide survey asking people about who they would like to be president.
Thu, 25 Jun 1998
Chrisye, Reza win 'ANteve-MTV' music award
Chrisye, Reza win 'ANteve-MTV' music award JAKARTA (JP): "Enjoy everything you do and you'll get the best out of it."Since the advice comes from Chrisye, the winner of the ANteve- MTV Most Wanted Indonesian Video '98 and Most Wanted Male, you'd better believe it.
Thu, 25 Jun 1998
Protected animals sold in Bandung
Protected animals sold in BandungFrom Pikiran RakyatOver these past few months the number of sidewalk traders in front of Bandung Indah Plaza has grown considerably. They mostly sell self-made accessories for teenagers, which show the creativity of the artists.
Thu, 25 Jun 1998
U.S. says S'pore wants helicopters
U.S. says S'pore wants helicopters WASHINGTON (Reuters): The Pentagon said yesterday Singapore wanted to buy US$620 million in U.S. Apache attack helicopters, missiles and other high-tech military equipment for the aircraft.The announcement followed Singapore's promise in January to let U.S.
Thu, 25 Jun 1998
Brunei sets up council on crisis
Brunei sets up council on crisis BANDAR SERI BEGAWAN (AP): Brunei's sultan has appointed his brother to head a fledgling economic council tasked with ensuring that the tiny oil-rich kingdom remains insulated from the shocks of the Asian economic crisis.
Thu, 25 Jun 1998
The President and market trust
The President and market trustFrom NeracaAs a layman, I was startled to read in Neraca, June 8, a report Habibie: Market trust should not be connected with the Cabinet and himself.I know and understand that officials in the economic-monetary field, as well as other relevant experts, are at their...
Thu, 25 Jun 1998
PM's daughter has water woes
PM's daughter has water woes KUALA LUMPUR (AP): Although authorities say the water supply situation in the Malaysian capital is improving, Prime Minister Mahathir Mohamad's daughter complained yesterday that her tap had been dry for two days.
Thu, 25 Jun 1998
Mahathir says he is ready to resign
Mahathir says he is ready to resign KUALA LUMPUR (AP): Prime Minister Mahathir Mohamad says he is prepared to step down if he is the cause of "distress" to people. "I don't think the world needs to sacrifice millions of jobs just to flush me out because I will go if I cause a lot of distress to so...
Thu, 25 Jun 1998
Taiwan firm seeks spot Duri crude on Perta term failure
Taiwan firm seeks spot Duri crude on Perta term failure SINGAPORE (Reuters): Taiwan state-owned Chinese Petroleum Corp (CPC) is seeking to source its July Duri crude needs from the spot market as its term supplier Perta Oil Trading fails to deliver, traders said yesterday.
Thu, 25 Jun 1998
Thames Water pledges to stay despite woes
Thames Water pledges to stay despite woes JAKARTA (JP): British firm Thames Water International declared yesterday its determination to continue its 25-year cooperation contract with city-owned water company PDAM Jaya despite the current political and economic turmoil.
Thu, 25 Jun 1998
SNYL opens Manado office
SNYL opens Manado office JAKARTA (JP): Sewu New York Life (SNYL), a joint venture life insurance company, officially opened yesterday its branch office in Manado, North Sulawesi.The insurance company said the Manado office would be its 37th branch in Indonesia and the second in Sulawesi.
Thu, 25 Jun 1998
Nation's three presidents share common birth month
Nation's three presidents share common birth month JAKARTA (JP): What do Indonesia's three presidents -- Sukarno, Soeharto and B.J. Habibie -- all have in common? They were all born in June.Indonesia's first president was born on June 6, 1901, his successor Soeharto was born on June 8, 1921 and...
Thu, 25 Jun 1998
Pedicabs allowed to grace city's streets once again
Pedicabs allowed to grace city's streets once again JAKARTA (JP): After 10 years of being banned from operating in the capital, becak (pedicabs) are once again allowed to ply Jakarta's streets, Governor Sutiyoso said yesterday.They will not, however, be allowed on main roads.
Thu, 25 Jun 1998
Navy, Air Force, Police get new chiefs
Navy, Air Force, Police get new chiefs JAKARTA (JP): Armed Forces (ABRI) Commander/Minister of Defense and Security Gen. Wiranto announced yesterday the appointment of new chiefs of the Navy, Air Force and National Police.Vice Admiral Widodo A.S.
Thu, 25 Jun 1998
Govt set to increase minimum wages
Govt set to increase minimum wages JAKARTA (JP): Minister of Manpower Fahmi Idris is expected to announce increases in the official minimum wages this week, a member of his staff said yesterday, Antara reported.
Thu, 25 Jun 1998
Habibie makes missing persons cases a priority
Habibie makes missing persons cases a priority JAKARTA (JP): President B.J. Habibie told his Cabinet yesterday to make an all-out effort to trace activists who were still missing and to get to the bottom of the mysterious kidnappings.
Thu, 25 Jun 1998
Lee Kuan Yew denies reports
Lee Kuan Yew denies reports SINGAPORE (DPA): Singapore's Senior Minister Lee Kuan Yew has denied press reports that he predicted Malaysia would take five years to recover from its economic crisis, a report said yesterday."Mr. Lee has not made any such statement.
Thu, 25 Jun 1998
Asian coffee trade slow as Indonesia holds stocks
Asian coffee trade slow as Indonesia holds stocks SINGAPORE (Reuters): Coffee prices in Southeast Asia hovered around their recent levels, but trade was sluggish with Indonesian farmers reluctant to sell coffee beans because of the volatility of the rupiah, traders said on Wednesday.
Thu, 25 Jun 1998
Venues ready for 13th Asian Games
Venues ready for 13th Asian Games JAKARTA (JP): The Thai and Chinese national soccer teams will play a friendly match Saturday to try out the newly built Hua Mark Royal Stadium, Bangkok's venue for the opening and closing ceremonies of the 13th Asian Games in December.
Thu, 25 Jun 1998
Students protest at Golkar office
Students protest at Golkar office JAKARTA (JP): About 500 students staged a protest at the headquarters of Golkar yesterday, calling for the expulsion of two children of former president Soeharto from the dominant political organization.
Thu, 25 Jun 1998
Students want transparency in tragic Bogor fire case
Students want transparency in tragic Bogor fire case BOGOR (JP): Fifteen student activists have urged the Bogor Legislative Council to see to it that the real facts behind the fire, which claimed 10 lives and engulfed Pasar Anyar market two years ago, were revealed.
Thu, 25 Jun 1998
Thai farmers meet in Bangkok
Thai farmers meet in Bangkok BANGKOK (Reuters): Farmers from Thailand's impoverished northeast converged on Bangkok yesterday demanding relief from billions of baht in debt owed to a state-owned bank.About 2,500 farmers and their supporters, clad in traditional sarongs and carrying placards...
Thu, 25 Jun 1998
Yen fall drags SE Asian currencies
Yen fall drags SE Asian currencies SINGAPORE (Dow Jones): Dashing hopes of a reprieve for Southeast Asian foreign exchange markets, the yen dropped afresh in Asian trading hours on Wednesday, dragging regional currencies down with it.As the U.S.
Thu, 25 Jun 1998
Military stymies labor union rally
Military stymies labor union rally JAKARTA (JP): The military foiled yesterday the Indonesian Prosperous Labor Union's (SBSI) plan to stage a demonstration at the House of Representatives.About 100 heavily armed troopers were sent to the SBSI headquarters on Jl.
Thu, 25 Jun 1998
Indofood plans more exports
Indofood plans more exports JAKARTA (JP): The world's largest instant noodle producer, PT Indofood Sukses Makmur, will expand its overseas market to obtain more foreign exchange to repay its huge foreign debts.
Thu, 25 Jun 1998
Stagnancy looms over political reform process
Stagnancy looms over political reform process The government seems to have lost its momentum in introducing policies for political reform, including efforts to hold a general election in the near future.
Thu, 25 Jun 1998
Forestry ministry rejects request to transfer funds
Forestry ministry rejects request to transfer funds JAKARTA (JP): The Ministry of Forestry and Plantations has turned down the request from the Ministry of Finance to transfer the Rp 1.1 trillion (about US$78.57 million) in forestry funds raised before March 31 this year to the state treasury.
Thu, 25 Jun 1998
Automaker body lowers sales projection
Automaker body lowers sales projection JAKARTA (JP): The Association of Indonesian Automotive Industries (Gaikindo) has lowered its projection on vehicle sales this year to 60,000 from 100,000.Association chairman Herman Z.
Thu, 25 Jun 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 24, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 450 0 0 AHAP Insurance 575 0 0 Alter Abadi 525 0 143,500 Alumindo Light Metal 300 0 5,500 Alumindo...
Thu, 25 Jun 1998
Soeharto camp 'has means for political comeback'
Soeharto camp 'has means for political comeback' JAKARTA (JP): Political forces loyal to former president Soeharto have enormous financial resources at their disposal to engineer a legitimate comeback during the coming elections, politician Soegeng Sarjadi warned here yesterday.
Thu, 25 Jun 1998
67 soldiers desert in Sulawesi
67 soldiers desert in Sulawesi UJUNGPANDANG, South Sulawesi: The Wirabuana Regional Military Command overseeing Sulawesi experienced 67 desertions by its members in the 1997/1998 fiscal year, Antara said, quoting the head of the command's military police.Col.
Thu, 25 Jun 1998
Govt to use aid to finance subsidies
Govt to use aid to finance subsidies JAKARTA (JP): The government, faced with sharply lower tax revenues and the need to provide huge subsidies for basic commodities, will have to depend largely on overseas funding to finance its pared-down budget, Minister of Finance Bambang Subianto said...
Thu, 25 Jun 1998
Thousands of workers laid off
Thousands of workers laid off BOGOR (JP): PT Indomulti Inti Sukses Industri, a Bogor-based shoe manufacturer, has laid off about 5,000 of its workers due to sharply falling orders for its export-oriented products.
Thu, 25 Jun 1998
Man burns to death in shop-house fire
Man burns to death in shop-house fire JAKARTA (JP): A man was burned to death and his daughter was severely wounded in a fire which destroyed a three-story shop- house at Jl. Tamansari IV/2B, West Jakarta, yesterday morning, police said.City police spokesman Lt. Col. E.
Thu, 25 Jun 1998
S'pore property prices fall
S'pore property prices fall SINGAPORE (Reuters): Singapore saw new low benchmark prices for private residential properties in the second quarter of 1998, 20 percent lower than six months ago, Jones Lang Wootton said yesterday.
Thu, 25 Jun 1998
Prejudiced act
Prejudiced act I am one of the thousands of students of Chinese descent who live and study in Jakarta. I have witnessed directly or through the media the tragedies that befell ethnic Chinese in this beloved country last month.
Thu, 25 Jun 1998
Where to go in Bali:
Where to go in Bali:Exhibition * Painting Exhibition: Patterning in Contemporary Art - Layers of Meaning, by Australian and Indonesian Artists, at Museum Puri Lukisan, Jl. Raya Ubud, Ubud (Phone: 0361 975136), 8 a.m. to 4 p.m. until June 26.
Thu, 25 Jun 1998
Rubber futures end weaker
Rubber futures end weaker SINGAPORE (Reuters): Singapore rubber futures closed mostly weaker yesterday in bearish trade with players waiting to see whether the International Natural Rubber Organization (INRO) would raise market intervention levels to overcome sagging prices, traders said.
Thu, 25 Jun 1998
Truck robber shot dead
Truck robber shot dead JAKARTA (JP): Police shot dead an alleged truck robber and arrested six of his friends in a raid in Rawalumbu, East Bekasi on Saturday, an officer has announced.City Police spokesman Lt. Col. E.
Thu, 25 Jun 1998
Researchers find six kima species
Researchers find six kima species MANOKWARI, Irian Jaya: Worldwide Fund for Nature (WWF) researchers have found six species of kima, a kind of marine biota, in Teluk Cendrawasih Marine Park, Antara said.
Thu, 25 Jun 1998
Fight against illegal villas slow
Fight against illegal villas slow BOGOR (JP): Bogor Regency spokesman Jenner Simanjuntak expressed concern yesterday over the slow progress in the regency's fight against illegal villas in the Puncak hill resort.
Thu, 25 Jun 1998
Authorities know culprits in riots
Authorities know culprits in riots JAKARTA (JP): City authorities are zeroing in on people involved in massive riots throughout the city last month, Governor Sutiyoso said yesterday.Speaking after meeting with President B.J.
Thu, 25 Jun 1998
Indocement to sell power plants to repay debts
Indocement to sell power plants to repay debts JAKARTA (JP): Publicly listed cement producer, PT Indocement Tunggal Prakarsa, said yesterday it would sell its majority stake in two power companies to repay mounting foreign debts.
Thu, 25 Jun 1998
RI's bankruptcy laws ready by August but no quick fix
RI's bankruptcy laws ready by August but no quick fix SINGAPORE (Dow Jones): Indonesia plans to have bankruptcy laws in place by August, but this and other measures are unlikely to lead to a quick recovery for the embattled country, a state minister told a business conference in Singapore yesterday.
Thu, 25 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., until July 13.Music and Entertainment * Hyatt Regency Surabaya, Jl. Jend.
Thu, 25 Jun 1998
Troops 'to be reduced gradually in E. Timor'
Troops 'to be reduced gradually in E. Timor' JAKARTA (JP): Dili Bishop Carlos Felipe Ximenes Belo walked out of a meeting with President B.J. Habibie here yesterday apparently impressed and convinced of his sincerity to resolve troubles in Indonesia's youngest province.
Thu, 25 Jun 1998
Intraco shifts business focus
Intraco shifts business focus JAKARTA (JP): Publicly listed heavy equipment and spare parts firm PT Intraco Penta said yesterday it had changed its business focus from selling heavy equipment to selling spare parts and providing maintenance services.
Thu, 25 Jun 1998
Trisakti trial told of presence of unknown troops
Trisakti trial told of presence of unknown troops JAKARTA (JP): The seventh session of the Trisakti military tribunal yesterday was told about the presence of unidentified troops and shots being fired by unknown squads during the May 12 incident.Defense witness Maj.
Thu, 25 Jun 1998
Suit against Soeharto goes to court
Suit against Soeharto goes to court JAKARTA (JP): A trial session on the lawsuit filed by 51 lawyers grouped in the Indonesian Reform Era Lawyers Union against former president Soeharto and the speakers of the People's Consultative Assembly was held yesterday at the Central Jakarta District Court.
Thu, 25 Jun 1998
Hobbies give more enjoyment than mere monetary gain
Hobbies give more enjoyment than mere monetary gainBy Yudha Kartohadiprodjo JAKARTA (JP): Have you ever seen a 20 million deutsche mark note? This note, displayed at the lobby of Sari Pan Pacific Hotel, Central Jakarta, is owned neither by a tycoon, nor a banking institution.
Thu, 25 Jun 1998
RI govt and central bank sued for $58.59 billion
RI govt and central bank sued for $58.59 billion NEW YORK (Reuters): The Republic of Indonesia, along with its central bank, its export-import Bank Exim and other agencies and banks, are targets of a US$58.59 billion breach of contract lawsuit, filed Monday in U.S. Federal court in Manhattan.