Archive: 11 July 1998
50 articles found
Sat, 11 Jul 1998, 00:00 WIB
Ginandjar to visit Tokyo
Ginandjar to visit Tokyo TOKYO (Reuters): Indonesia's top economic minister Ginandjar Kartasasmita will visit Tokyo from tomorrow as part of a roadshow to explain the nation's debt restructuring program to Japanese creditors, officials said yesterday. Ginandjar will arrive in Tokyo late on Sunday afternoon and hold talks with Japanese investors and commercial creditors from Monday, an Indonesian embassy official in Tokyo said.
Sat, 11 Jul 1998, 00:00 WIB
Jamsostek pays Rp 6.9b in claims
Jamsostek pays Rp 6.9b in claims TANGERANG (JP): The local branch of state-owned insurance company PT Jamsostek has paid claims worth Rp 6.9 billion (US$475,862) for 14,753 worker dismissal cases over the past six months, a company executive has said. The branch office's chief, Apon Suryana, predicted Thursday that labor dismissal cases would surge this year compared to last year when Jamsostek recorded 22,721 cases with claims totaling Rp 7.8 billion.
Sat, 11 Jul 1998, 00:00 WIB
Social security insurance firms defend monopolies
Social security insurance firms defend monopolies JAKARTA (JP): The five state-owned social security insurance companies should retain their monopolies to ensure public welfare, executives of the companies say.
Sat, 11 Jul 1998, 00:00 WIB
Difficult to time RI rebound
Difficult to time RI rebound SINGAPORE (Dow Jones): Stanley Fischer, International Monetary Fund managing director, said in a magazine interview that it's hard to estimate the timing of a recovery in Indonesia. "It is difficult at this stage to know when recovery will begin in Indonesia," he's quoted saying in the coming edition of Asiaweek magazine. The magazine released a summary of the article yesterday.
Sat, 11 Jul 1998, 00:00 WIB
Affirmative action won't work
Affirmative action won't work By Iwan Pranoto BANDUNG (JP): Political observer Jusuf Wanandi said in the Jakarta Post on July 1, 1998, that a policy of affirmative action would bring Indonesian people closer together. The rationale for such a policy was that existing racial tensions had come about as the result of the gap between rich and poor. I strongly believe that implementing such a policy in Indonesia is inappropriate.
Sat, 11 Jul 1998, 00:00 WIB
Habibie walks down memory lane as he tours RSCM
Habibie walks down memory lane as he tours RSCM JAKARTA (JP): President B.J. Habibie toured Cipto Mangunkusumo General Hospital in Central Jakarta yesterday, in what he described as a trip down memory lane since his wife, Hasri Ainun Besari, had worked here when he met her in 1962. "This hospital plays a role as a center of excellence," said Habibie as he walked down the aisles of the 78-year-old hospital.
Sat, 11 Jul 1998, 00:00 WIB
City kite festival packs an environmental punch
City kite festival packs an environmental punch JAKARTA (JP): A two-day kite festival promoting public awareness on the importance of zero emissions from the city's vehicles will begin today at the National Monument (Monas) square. At least 80 participants from the Netherlands, Malaysia and 12 provinces in Indonesia will take part in the event called Bentang Layangan Segar! Jakartaku (Fly a Kite My Clear Jakarta) to be opened by Governor Sutiyoso today at 2 p.m.
Sat, 11 Jul 1998, 00:00 WIB
S'pore determined in its aim to be world art center
S'pore determined in its aim to be world art center In conjunction with the 12th Singapore Festival of Arts which ran from May 28 to June 28, the Singapore Tourism Board invited The Jakarta Post reporter Ida Indawati Khouw to witness the event. She prepared the following report on her visit from June 3 to 6.
Sat, 11 Jul 1998, 00:00 WIB
Golkar expected to make the jump to formal party
Golkar expected to make the jump to formal party JAKARTA (JP): It looks like a party and has certainly acted like a party, but Golkar, the dominant political organization, has always refused to call itself a party for the last 32 years. This will likely change from today after Golkar ends its congress and enacts a new charter. Delegates at the congress were unanimous that Golkar was indeed a political party and that it should never hesitate to claim to be one, participants said yesterday.
Sat, 11 Jul 1998, 00:00 WIB
SE Asian currencies down against dollar
SE Asian currencies down against dollar SINGAPORE (Dow Jones): Southeast Asian currencies fell afresh yesterday to finish the day, and the week, lower against the U.S. dollar. And as sentiment towards the yen continues to dictate the direction of trading in the regional currencies, many market participants are predicting further depreciation in the coming week, after the results of Sunday's elections to the upper house of the Japanese Parliament are announced.
Sat, 11 Jul 1998, 00:00 WIB
Merapi rumbles, spews lava again
Merapi rumbles, spews lava again MAGELANG, Central Java (JP): One of the world's most active volcanoes here, Mt. Merapi, rumbled again yesterday while spewing out more lava and hot gas from its cone. The head of the local Volcanology Directorate's research office, Mas Atje Purbawinata, said several cracks created by internal pressure at the top of the mountain had also been observed. "Cracking is now taking place at the top, and we've been monitoring the phenomenon closely," Atje said.
Sat, 11 Jul 1998, 00:00 WIB
Sutiyoso: A nightmare to 'becak' drivers
Sutiyoso: A nightmare to 'becak' drivers By Ida Indawati Khouw JAKARTA (JP): For thousands of becak (pedicab) drivers, Governor Sutiyoso may be the man they hate most on the face of the earth. For good reason. His verbal promise on June 24 to welcome pedicabs back onto the capital's streets was like fresh water in the Sahara desert for the poor men and their families.
Sat, 11 Jul 1998, 00:00 WIB
Alleged bank swindler caught after four years on the run
Alleged bank swindler caught after four years on the run JAKARTA (JP): A Indonesian businessman wanted for allegedly embezzling his bank of the equivalent of almost US$2.4 billion is on his way home after four years on the run. Suspect Sugianto L. Prabowo was arrested in Sydney and is expected to arrive at the Soekarno-Hatta International Airport tomorrow, secretary of the Interpol Central Bureau for Indonesia Brig. Gen. Wayan Ardjana said yesterday.
Sat, 11 Jul 1998, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on July 10, 1998: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 375 0 0 AHAP Insurance 575 0 0 Alter Abadi 500 0 2,045,000 Alumindo Light Metal 350 25 59,000 Alumindo Perkasa 200 0 0 Aneka Kimia Raya 225 0 7,500 Aneka Tambang 2,050 50 15,526,500 Anwar Sierad 125 0 4,000 Apac Centertex Corp.
Sat, 11 Jul 1998, 00:00 WIB
Crisis in Indonesia
Crisis in Indonesia The United States government is directly responsible for the economic catastrophe and currency chaos that is presently afflicting Indonesia. President Bill Clinton has more pro-Israel people in his cabinet than any other American president in history. This should come as no surprise, since many members of his cabinet are Jewish -- Secretary of Defense William Cohen and Secretary of State Madeline Albright, just to name a couple.
Sat, 11 Jul 1998, 00:00 WIB
Village chiefs protest protests
Village chiefs protest protests KEBUMEN, Central Java: More than 450 village chiefs and subdistrict chiefs from the Kebumen area held a rally against Golkar at the local administration office here to seek protection against their own residents now frequently protesting against them. They claimed that they had long been servants of Golkar but were now being treated with disdain by residents who participated in almost daily protests against them.
Sat, 11 Jul 1998, 00:00 WIB
Habibie backs licenses to keep media in line
Habibie backs licenses to keep media in line JAKARTA (JP): President B.J. Habibie is recommending the country's journalistic be required to get renewable licenses from authorized bodies to maintain a high standard of journalistic professionalism. The President told visiting senior journalists yesterday the proposed license would be valid for a set period of time and would be automatically extended as long as the journalist fulfilled all necessary requirements.
Sat, 11 Jul 1998, 00:00 WIB
Preacher named suspect in bloody mid-May riots
Preacher named suspect in bloody mid-May riots JAKARTA (JP): Police yesterday officially named Chinese- Indonesian Anton Medan, an ex-con turned Moslem preacher, as a suspect for his alleged role in leading mobs during the mid-May riots. City police chief Maj. Gen. Noegroho Djajoesman said: "He is scheduled to be questioned at the city police headquarters here on Monday at 9 a.m. to clarify the truth about several accusations pointed against him during the May riots," Noegroho told reporters.
Sat, 11 Jul 1998, 00:00 WIB
Nearly half all public busses are standing idle
Nearly half all public busses are standing idle JAKARTA (JP): The number of functioning urban public busses has dropped drastically to 49,791 in June from 89,781 units last August due to the economic crisis, Minister of Communications Giri Suseno Hadihardjono said yesterday. He said the 12-month monetary crisis had caused the price of imported auto components to skyrocket, causing severe difficulties for public transportation operators.
Sat, 11 Jul 1998, 00:00 WIB
Plan to promote local products not a boycott, says Mahathir
Plan to promote local products not a boycott, says Mahathir KUALA LUMPUR (Dow Jones): Malaysian Prime Minister Mahathir Mohamad said yesterday the campaign to promote Malaysian-made goods to domestic consumers isn't a boycott of foreign products, but by the same token, he unequivocally repeated his call that the country reduce its dependency on dollar-denominated foreign trade.
Sat, 11 Jul 1998, 00:00 WIB
Interesting experiment
Interesting experiment According to Merdeka of July 2, Kwik Kian Gie, a member of the Indonesian Democratic Party (PDI), conducted a poll to find out who people thought would be the best candidate for the presidency after the general election. According to information 10,000 forms were distributed, but there is no information of where these forms were distributed.
Sat, 11 Jul 1998, 00:00 WIB
Floor price on export goods extended
Floor price on export goods extended JAKARTA (JP): The government has extended the floor prices set for certain export products for the period April 1 to June 30 for a further 15 days, the industry and trade ministry announced yesterday. The director general of international trading in the ministry, Djoko Moeljono, said the prices would apply until July 15 because officials were uncertain what the floor price would be for the next three months. "That is why floor prices for July 1 to Sept.
Sat, 11 Jul 1998, 00:00 WIB
Akbar leads preliminary race for Golkar chairman
Akbar leads preliminary race for Golkar chairman JAKARTA (JP): The secretary of Golkar's board of patrons, Akbar Tandjung, yesterday led the preliminary race for the chairmanship with two votes ahead of rival Edi Sudradjat. An evening session Thursday and a morning session yesterday, which heard Golkar's regional chapters' evaluation on the outgoing leadership's performance and their view on the future, revealed that 10 out of 27 chapters supported Akbar's nomination.
Sat, 11 Jul 1998, 00:00 WIB
Schools close due to lack of pupils
Schools close due to lack of pupils SEMARANG, Central Java: At least 104 public and private elementary schools in Central Java closed down during the 1997/1998 school year due to a lack of new students. The schools were forced to stop operating after the number of new enrollments declined over the years, the head of the provincial education office, Agus Sutadi, said here yesterday. Agus attributed the drop-off in enrollments to the success of the province's family planning program.
Sat, 11 Jul 1998, 00:00 WIB
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on July 10, 1998: Buying Selling Rp Rp U.S.
Sat, 11 Jul 1998, 00:00 WIB
European bankers still need more RI debt info: BNP
European bankers still need more RI debt info: BNP PARIS (Dow Jones): After the first European stop of the Indonesian debt plan roadshow, European bankers are still trying to gather more information on the plan, said Thierry Desjardins, senior vice president, debt restructuring at Banque Nationale de Paris. BNP is the coordinating bank for French banks for the plan.
Sat, 11 Jul 1998, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Exhibitions * Embroideries Exhibition in the lobby of Sari Pan Pacific Hotel, Jl. M.H. Thamrin, Central Jakarta (Phone: 323707), 9 a.m. to 9 p.m., until July 31. * Painting Exhibition Hello, how's it going, by Evie Westmore, at the Main Lobby of the Regent Jakarta, Jl. H.R. Rasuna Said, South Jakarta (Phone: 2523456), until July 19. * Painting Exhibition by Nyoman Gunarsa, Popo Iskandar, Firman Ichsan, Sri Hadhy, etc, in Shangri-La Hotel, Jl. Jend.
Sat, 11 Jul 1998, 00:00 WIB
Jakartans told to beware of possible floods
Jakartans told to beware of possible floods JAKARTA (JP): The Meteorology and Geophysics Agency (BMG) strongly urged Jakartans to take precautionary measures against possible flash floods after more heavy rain was forecast for the capital. Paulus Agus Winarso, head of BMG's forecasting and service division, said the chance of a number of areas in the capital being inundated as a result of the current extended wet period was between 40 percent and 60 percent.
Sat, 11 Jul 1998, 00:00 WIB
PADI joins plethora of parties
PADI joins plethora of parties JAKARTA (JP): A group of academics, social activists and businesspeople gathered together to form the Indonesian Democratic Alliance Movement (PADI) as a precursor to a political party with the ultimate aim of protecting and highlighting the diversity in Indonesia. They immediately slammed the present government under B.J.
Sat, 11 Jul 1998, 00:00 WIB
Rattan smugglers foiled in Kendari
Rattan smugglers foiled in Kendari KENDARI, Southeast Sulawesi: Intelligence agents here have foiled an attempt to smuggle 130 metric tons of high-quality rattan aboard the ships MV Kapili Putra and MV Teluk Kulisusu bound for Singapore. "They came across the two vessels anchored off the coast of Wandoka, on Wanci island, last week," the head of the provincial forestry office, AR Idris, said here yesterday.
Sat, 11 Jul 1998, 00:00 WIB
'Al-Fayed' loves smelly 'pet'
'Al-Fayed' loves smelly 'pet' WONOSOBO, Central Java (JP): He has a rich colored shiny coat, lounges anywhere he likes but has a weakness for the lowly pet (flat beans notorious for their offensive odor), despite his name associated with the rich and famous. This is Al-Fayed the feline, resident of Pagerejo village, Kertek district of Wonosobo. The owner, farmer Samiadji, says his wife was annoyed when Dodi, their daughter's boyfriend, broke her off at whim.
Sat, 11 Jul 1998, 00:00 WIB
RP continues Marcos suits
RP continues Marcos suits MANILA (AP): The government of President Joseph Estrada will not settle the numerous criminal and civil suits against the family of the late dictator Ferdinand Marcos for less than 75 percent of his US$540 million Swiss bank deposits, a senior official said yesterday.
Sat, 11 Jul 1998, 00:00 WIB
Kekar Thames get loans
Kekar Thames get loans BRUSSELS (Dow Jones): The European Investment Bank said yesterday it had loaned 45 million European currency units (XEU) to PT. Kekar Thames Airindo for upgrading and extending the water supply transmission and distribution system in eastern Jakarta.
Sat, 11 Jul 1998, 00:00 WIB
Govt condemns gang rapes during riots
Govt condemns gang rapes during riots JAKARTA (JP): The government formally condemned yesterday the gang rapes that were rampant during and after the May riots in Jakarta and other towns, but stopped short of issuing a public apology as demanded by the National Commission on Human Rights.
Sat, 11 Jul 1998, 00:00 WIB
Dharmala BV misses loan payment
Dharmala BV misses loan payment TOKYO (Reuters): Indonesia's Dharmala Intiutama International BV has missed an interest payment on a 15 billion yen samurai bond and could be declared in default, a spokesman at the bond's trustee Sanwa Bank said yesterday. Dharmala Intiutama International, a wholly owned unit of Dharmala group holding company PT Dharmala Intiutama, was likely to be declared in default at a creditors' meeting if it failed to pay the interest by July 17, the spokesman said.
Sat, 11 Jul 1998, 00:00 WIB
Workers suspended for joining protest
Workers suspended for joining protest JAKARTA (JP): An electronic components company in Cibinong, Bogor, has suspended four of its workers because they took part in a strike and protest, the workers said yesterday. During a visit to the Jakarta Legal Aid Institute office to seek legal advice, the four employees of PT Singamip Jaya Electronic Enterprise said they received their suspension letters Thursday after meeting with human resources manager Tumpal Butar Butar.
Sat, 11 Jul 1998, 00:00 WIB
The danger of disintegration
The danger of disintegration Two major developments have taken place in Irian Jaya. First, students were shot, as in the mid-May Trisakti tragedy that led to the downfall of Soeharto, and second, there have been growing demands for self-rule. Early warnings of the danger of national disintegration were given as soon as the reform tide started to challenge the prevailing official arrogance and the all too many prohibitions.
Sat, 11 Jul 1998, 00:00 WIB
Thai fishermen deported
Thai fishermen deported SEMARANG, Central Java: Seventeen Thai fishermen who were arrested by a sea patrol of the Central Java Police two months ago were recently deported, an official said. The Thai fishermen were deported aboard a Thai ship which unloaded imported rice at Tanjung Emas Port, head of the provincial immigration office, Y Trie Siswojo, said as quoted by Antara Thursday. The 17 Thai fishermen were reportedly caught poaching in Indonesian waters early in May.
Sat, 11 Jul 1998, 00:00 WIB
Tanri addresses graft in state companies
Tanri addresses graft in state companies JAKARTA (JP): State Minister for the Empowerment of State Enterprises Tanri Abeng has issued a new ruling to limit involvement of top officials of state-owned companies in projects or business transactions related to the firms.
Sat, 11 Jul 1998, 00:00 WIB
Push to recover SEA Games funds to go on: Minister
Push to recover SEA Games funds to go on: Minister JAKARTA (JP): Minister of Forestry and Plantations Muslimin Nasution said yesterday his ministry would not give up in its efforts to recover Rp 35 billion (US$2.5 million) in forestry funds lent to finance the 19th Southeast Asian Games last year. Muslimin said he had requested the help of State Minister of Sports and Youth Affairs Agung Laksono in getting the money back.
Sat, 11 Jul 1998, 00:00 WIB
Govt covers Rp 2.5b deficit for Asiad
Govt covers Rp 2.5b deficit for Asiad JAKARTA (JP): The government has agreed to cover a Rp 2.5 billion (US$164,000) deficit in the National Sports Council's budget for Indonesia's participation in the 13th Asian Games in Bangkok in December.
Sat, 11 Jul 1998, 00:00 WIB
Domestic market down on political concerns
Domestic market down on political concerns JAKARTA (JP): The domestic financial market slipped further yesterday due to political maneuvering, with the rupiah holding at 15,250 against the U.S. dollar and stock prices inching lower by 1.4 percent, dealers and analysts said. They added that regional bearishness, sparked by the weakening of the Japanese yen to 141 against the U.S. dollar, had also contributed to the local market's downturn.
Sat, 11 Jul 1998, 00:00 WIB
Police plan to tighten security for freight
Police plan to tighten security for freight JAKARTA (JP): In response to businesspeople's complaints about the increasing incidence of truck robberies and thefts, the police are moving to tighten security in areas prone to such crime. City Police chief Maj. Gen. Noegroho Djajoesman said yesterday that certain highways around Jakarta down to Cilegon in West Java were being put under 24-hour surveillance.
Sat, 11 Jul 1998, 00:00 WIB
Starving tigers get meat
Starving tigers get meat MELBOURNE, Australia (AP): Australian zoos will fund an emergency shipment of 16 metric tons of meat to feed 70 tigers at an Indonesian zoo which are starving because of the financial crisis, a spokeswoman said yesterday. The Taman Safari Indonesia, in Cisarua, West Java, usually buys its meat supplies from Australia, but the devaluation of the Indonesian currency and a drop in tourist numbers has left it struggling to feed its animals.
Sat, 11 Jul 1998, 00:00 WIB
Counterfeit money widespread
Counterfeit money widespread BOGOR (JP): Counterfeit money has become widespread here since the monetary crisis took root last year, a reliable source at the local district court said yesterday. The court has handled eight cases related to counterfeiting involving 18 suspects over the last six months, the source, who spoke on condition of anonymity, said. Last year, the court only tried two such cases.
Sat, 11 Jul 1998, 00:00 WIB
Involvement of intellectuals
Involvement of intellectuals From Bisnis Indonesia One of the causes of the economic crisis in this country is the lack of intelligent people -- those endowed with vision, a sense of criticism, honesty and having public interest at heart -- in the government. Intellectuals have for a long time criticized the practices of collusion, corruption and nepotism in the former government. They even saw the possibility of riots if the existing order was not corrected.
Sat, 11 Jul 1998, 00:00 WIB
Freeport not worried about future despite instability
Freeport not worried about future despite instability JAKARTA (JP): Copper and gold producer PT Freeport Indonesia, a subsidiary of New Orleans-based Freeport McMoRan Copper and Gold, said yesterday it was not worried about the future of its operations in the country despite recent political changes. Company president Adrianto Machribie said the firm's success was not due to ties to former president Soeharto, and thus his May resignation would not affect Freeport's position.
Sat, 11 Jul 1998, 00:00 WIB
Man busted with drugs and needle
Man busted with drugs and needle JAKARTA (JP): Police detectives apprehended an alleged drug dealer during a street operation in the wee hours yesterday on Jl. Suprapto in Cempaka Putih.
Sat, 11 Jul 1998, 00:00 WIB
TV today
TV today TVRI 12:15 p.m. World Cup Soccer (rerun) 2:00 News: Berita 14 2:30 Music 2:35 TV Series: Silverhawks 3:05 TV Drama: Kampak Emas 3:30 Science Film: Invention 4:00 Regional News 4:30 Sports 5:30 TV Series 6:00 News: Lintasan Berita 6:05 My Country: Rona Nusantara 6:15 Sports News 6:30 TVRI News (in English) 7:00 Evening News 7:35 Saturday Night Music 8:00 News: Lintasan Berita 8:05 Saturday Night Music (contd.) 8:30 Entertainment News: Majalah Udara 9:00 World News 9:30 World Cup Journal...
Sat, 11 Jul 1998, 00:00 WIB
Textile exports rise in first quarter of '98
Textile exports rise in first quarter of '98 JAKARTA (JP): Exports of textile and textile-related products jumped 50.8 percent to US$2.46 billion in the first three months of this year from $1.63 billion in the same period last year, according to the Ministry of Industry and Trade. Director of Exports Sudar S.A.