Archive: 31 July 1998
59 articles found
Fri, 31 Jul 1998, 00:00 WIB
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on July 30, 1998: Buying Selling Rp Rp U.S.
Fri, 31 Jul 1998, 00:00 WIB
Xanana meets his captor in Jakarta prison
Xanana meets his captor in Jakarta prison JAKARTA (JP): Jailed East Timor separatist leader Jose Alexandre "Xanana" Gusmao met yesterday with Maj. Gen. (ret.) Theo Syafei, the man who led the East Timor special military command when he was arrested in his Dili hideout in 1992. No hard feelings were evident as the two men discussed the future of East Timor in the presence of reporters at the Cipinang penitentiary.
Fri, 31 Jul 1998, 00:00 WIB
Govt accused of engineering PDI conflict
Govt accused of engineering PDI conflict JAKARTA (JP): Parties involved in the Indonesian Democratic Party's (PDI) leadership conflict continued to hurl accusations at each other yesterday. Loyalists of ousted PDI leader Megawati Soekarnoputri, responding to Coordinating Minister for Political Affairs and Security Gen. (ret.) Feisal Tanjung's statement that the conflict was an internal matter of the party, placed the blame squarely on the military and the government.
Fri, 31 Jul 1998, 00:00 WIB
SE Asian currencies lower in late trading
SE Asian currencies lower in late trading SINGAPORE (Dow Jones): Southeast Asian currencies are lower in late trading yesterday, although the U.S. dollar has steadily come off highs seen in early morning trading. The Indonesian rupiah bucked the trend, holding steady in thin trade on anticipation of good news later Thursday from a meeting of international lenders in Paris.
Fri, 31 Jul 1998, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on July 30, 1998: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 325 0 0 AHAP Insurance 575 0 0 Alter Abadi 525 0 25,000 Alumindo Light Metal 325 0 1,006,000 Alumindo Perkasa 225 0 0 Aneka Kimia Raya 200 0 115,500 Aneka Tambang 2,550 -25 8,114,500 Anwar Sierad 100 0 10,000 Apac Centertex Corp.
Fri, 31 Jul 1998, 00:00 WIB
Confidence through tourism
Confidence through tourism Free transportation, free accommodation, free meals, complimentary return airline tickets to any domestic destination and free tickets to any tourist resort in the country: What more could a tourist want, or need? Even without all those lures, Indonesia -- whose national currency, the rupiah, is now worth a mere 20 percent of its precrisis international value -- is already one of the most attractive tourist destinations in the world.
Fri, 31 Jul 1998, 00:00 WIB
Indonesia buys wheat
Indonesia buys wheat JAKARTA (Reuters): Indonesia has bought 745,000 tons of wheat from the United States, Australia and Canada for between $129.24 and $171 per ton, trade sources said yesterday. They said the wheat, for which Indonesia tendered on Tuesday, was for August, September and October shipment. The trade sources said the wheat would be received by Indonesian commodity regulator Bulog and channeled to three companies -- Citra, Sriboga and Bogasari. U.S.
Fri, 31 Jul 1998, 00:00 WIB
Thousands of tourists make good use of free services
Thousands of tourists make good use of free services JAKARTA (JP): An estimated 15,000 foreign tourists who arrived in the country yesterday were entitled to free hotel rooms, free meals and free tours as part of the government's "Happy Day" promotion designed to lure foreign tourists back into the country.
Fri, 31 Jul 1998, 00:00 WIB
Orphans' winding road to care
Orphans' winding road to care By K. Basrie and Christiani SA Tumelap JAKARTA (JP): Children are perhaps the third most precious gift from God after our life and the earth on which we live. In spite of this many women still have the heart to dump their newborn babies. Volunteers at orphanages here say that their babies are collected from various sources: hospitals, police patrols, clinics, cleaning services, poor couples and disappointed wealthy families.
Fri, 31 Jul 1998, 00:00 WIB
Energy buys RI gas fields
Energy buys RI gas fields VANCOUVER (Dow Jones): Continental Energy Corp acquired two oil and natural gas exploration properties in Indonesia for about US$1.4 million cash and 1.9 million common shares. The company said Wednesday in a press release that it bought the prospects by purchasing two related British Virgin Island holding companies, Apex (Bengara-II) Ltd and Apex (Yapen) Ltd, whose only assets are the Indonesian sites.
Fri, 31 Jul 1998, 00:00 WIB
Soeharto gives up title to hospitals
Soeharto gives up title to hospitals JAKARTA (JP): Former president Soeharto handed over the ownership and management of Harapan Kita Child and Maternity Hospital, Harapan Kita Cardiac Hospital and Dharmais Cancer Hospital to the government yesterday. As chairman of the foundations which built and ran the three facilities in Jakarta, Soeharto only asked in return that the foundations' names, Harapan Kita and Dharmais, be retained for the institutions. "We expect nothing more," Soeharto said.
Fri, 31 Jul 1998, 00:00 WIB
Steel workers balk at forced resignations
Steel workers balk at forced resignations JAKARTA (JP): About 500 Bekasi steel workers made their second trip to the National Commission on Human Rights to protest at their firm's attempts to force a large number of employees to resign following a bloody rally last month.
Fri, 31 Jul 1998, 00:00 WIB
Mob vents wrath on Puncak discotheques
Mob vents wrath on Puncak discotheques BOGOR (JP): Mobs of hundreds of people stoned 12 discotheques in the mountainous Puncak resort area here yesterday in a long- running feud over alleged prostitution and illegal drug transactions at the establishments. Windows were broken but no items stolen from the nightclubs, identified as Rufi Fitria, Anaria, Oke Boss, Studio 20, Monggo Mas, Imagination, Goa, Dewa Dewi, Rindu Malam, Nutria, Twenty and Mawar Merah Lugina.
Fri, 31 Jul 1998, 00:00 WIB
'Becak' drivers not involved in riot
'Becak' drivers not involved in riot JAKARTA (JP): An activist fighting for the right of becak (pedicab) drivers to operate again in parts of Jakarta denied yesterday that drivers had been involved in a massive attack last week on a district administration office in West Jakarta. Wardah Hafidz from the Urban Poor Consortium said she believed the assault was engineered by certain parties which did not want to see the return of becak drivers to the city.
Fri, 31 Jul 1998, 00:00 WIB
'Napoleon's' hiding places found
'Napoleon's' hiding places found PALU, Central Sulawesi: The Palu Natural Conservation Agency has announced the discovery of various sites used in transit by traders in smuggling the Napoleon Wrasse fish, a popular delicacy among Chinese, to Hong Kong. The four locations were all in the Togean Islands in Poso regency, the head of the agency, Banjar Yulianto, told Antara. Traders provided ponds for the fish brought in by local fishermen who were paid Rp 15,000 a kilogram, Banjar said.
Fri, 31 Jul 1998, 00:00 WIB
Mobil announces gas finding
Mobil announces gas finding SINGAPORE (Dow Jones): Mobil Makassar Inc., a unit of Mobil Corp, and Unocal Corp announced yesterday that additional oil and gas discovered in the deepwater Merah Besar area, offshore East Kalimantan, will be ready for production by 2001. With the new discovery, it is estimated that the gross oil and gas resource potential in the greater Merah Besar area is between 100 million and 250 million barrels-of-oil equivalent.
Fri, 31 Jul 1998, 00:00 WIB
Japanese consortium to remain in talks on Natuna Gas stake
Japanese consortium to remain in talks on Natuna Gas stake TOKYO (Dow Jones): A Japanese consortium of 11 companies will continue with talks aimed at acquiring a 13 percent stake in Indonesia's giant Natuna natural gas field, despite an announcement Wednesday that exploration on the field will be postponed, officials at the consortium told Dow Jones Newswires yesterday.
Fri, 31 Jul 1998, 00:00 WIB
Donors pledge $7.9b in aid to Indonesia
Donors pledge $7.9b in aid to Indonesia PARIS (Agencies): International donors pledged yesterday US$7.9 billion in aid to Indonesia, to be disbursed during the 1998/99 fiscal year which ends in March 1999, the World Bank said. The World Bank said the amount, together with an exceptional International Monetary Fund package of more than $6 billion announced on July 16, will cover the 1998/99 Indonesian budget deficit, estimated at 8.5 percent of gross domestic product.
Fri, 31 Jul 1998, 00:00 WIB
Seat belts a must in public vehicles
Seat belts a must in public vehicles JAKARTA (JP): All public transportation -- taxis, mikrolet (minivans), minibuses and buses -- must be equipped with seat belts in front seats by Sept. 1, an official said yesterday. Head of the City Land Transportation Agency J.P. Sepang said vehicles without the devices would not pass the road-worthiness test. "They will be given a temporary notice showing only that the vehicles have taken the test.
Fri, 31 Jul 1998, 00:00 WIB
Drugs abuse victims share insight of causes of drug abuse
Drugs abuse victims share insight of causes of drug abuse WONOSOBO, Central Java (JP): Observers and experts have cited many causes for youngsters becoming drug addicts: busy parents, broken homes, the need to fit in and so on. In a hilly Wonosobo village, two addicts seeking treatment shared their insight. Budi, 21, dismissed what he called "myths" on addicts.
Fri, 31 Jul 1998, 00:00 WIB
Govt to get $287m from Gresik divestment
Govt to get $287m from Gresik divestment JAKARTA (JP): The government is likely to receive more than US$287 million in cash next month from the sale of 35 percent of state-owned PT Semen Gresik.
Fri, 31 Jul 1998, 00:00 WIB
Quake rocks Irian Jaya
Quake rocks Irian Jaya WAMENA, Irian Jaya: An earthquake measuring 5.9 on the Richter scale rocked the town in the early hours yesterday, but most people said they were unaware of it or felt only light tremors. There were no reports of casualties or destruction, Antara reported. The quake occured just after 3 a.m. with its epicenter some 113 kms north of Wamena at a depth of 45 km, the head of the Wamena meteorology office said. (emb)
Fri, 31 Jul 1998, 00:00 WIB
Cheap fertilizer disappears
Cheap fertilizer disappears BALIKPAPAN, East Kalimantan (JP): Hundreds of tons of fertilizer distributed by state-owned PT Pupuk Sriwijaya (Pusri) to local village cooperatives at subsidized prices are believed to have been smuggled to Malaysia across the common border, Antara reported.
Fri, 31 Jul 1998, 00:00 WIB
Analysts upbeat about rupiah recovery
Analysts upbeat about rupiah recovery SINGAPORE (Reuters): The accord Indonesia signed with the IMF in June assumed that the rupiah would recover to 10,000 to the dollar by the fourth quarter of this year, a target analysts labeled "optimistic" at the time. However, bumper amounts of dollars are rolling in and the latest developments from talks with international donors in Paris look like ending with another $6 to $8 billion heading for Indonesia's coffers.
Fri, 31 Jul 1998, 00:00 WIB
The danger of stereotyping
The danger of stereotyping The article Ethnic Chinese at fault for riots by Masli Arman, which appeared in this newspaper yesterday, really shocked me. He hinted that he did not wish his article to be followed by a polemic, but I believe if one is not open to exchanges of views, one should not publish anything at all. Pak Masli, have you ever heard the word "stereotyping"? Here, in Jakarta, we're quite familiar with the term Padang Bengkok (the unscrupulous Padang people).
Fri, 31 Jul 1998, 00:00 WIB
Hidden benefit in fresh aid from CGI
Hidden benefit in fresh aid from CGI PARIS (Dow Jones): Indonesian Coordinating Minister of Economy, Finance and Industry Ginandjar Kartasasmita said Wednesday international aid for his country will result in continuous buying of Indonesian rupiah by the Indonesian central bank in the months ahead, as that aid is converted from dollars into local currency. The Indonesian rupiah might thus appreciate against the U.S. dollar, as the local currency benefits from quasi-central-bank intervention.
Fri, 31 Jul 1998, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Exhibitions * Painting Exhibition: Magical Realism in Arts, by Prijono Maruto, Galeri Cipta II, Taman Ismail Marzuki, Jl. Cikini Raya 73, Central Jakarta (Phone: 3140554), until Aug. 3. * Arts Exhibition by Agung Kurniawan at Lontar Gallery, Jl. Utan Kayu 68 H, East Jakarta (Phone: 8573388), Monday to Friday, 10 a.m. to 5 p.m., Saturday, 10 a.m. to 3 p.m. until Aug. 10. * Arts Exhibition by I Made Wianta and Andreas Straub, at the Regent Jakarta, Jl. H.R.
Fri, 31 Jul 1998, 00:00 WIB
Cafes find spot along Kali Besar River
Cafes find spot along Kali Besar River JAKARTA (JP): The city plans to refurbish areas along the Kali Besar River in Roa Malaka, West Jakarta, in an effort to provide more appropriate spaces for sidewalk cafes and food stalls that have been established throughout the capital over the past few months. The head of the City Museum and Restoration Agency, Haswidi A.
Fri, 31 Jul 1998, 00:00 WIB
Hun Sen wins King Sihanouk's backing
Hun Sen wins King Sihanouk's backing SIEM REAP, Cambodia (Agencies): Strongman Hun Sen won the unofficial backing yesterday of King Norodom Sihanouk to quell Cambodia's political instability by trying to create a three- sided coalition government including opposition parties that accuse him of electoral fraud.
Fri, 31 Jul 1998, 00:00 WIB
UOB's first-half profit falls
UOB's first-half profit falls SINGAPORE (AP): One of Singapore's big four banks is expected to announce a huge drop in profits for the first half of 1998 because of the regional economic crisis, analysts said yesterday. United Overseas Bank Ltd. (UOB) will likely post a 60 to 70 percent fall in net profit when it announces it half-year results later Friday, the first Singapore bank to unveil interim results this season.
Fri, 31 Jul 1998, 00:00 WIB
Army 'spy' killed in southern RP
Army 'spy' killed in southern RP ZAMBOANGA CITY, Philippines (DPA): Unidentified armed men gunned down a former rebel leader suspected of spying for the army in the southern Philippines, the military said yesterday. Amila Kasim Sakur, a former Moro National Liberation Front (MNLF) commander, was shot dead late Tuesday in the remote village of Sakutin in Basilan province, some 915 kilometers south of Manila.
Fri, 31 Jul 1998, 00:00 WIB
Indonesian GM Utut draws again at Biel Masters
Indonesian GM Utut draws again at Biel Masters JAKARTA (JP): Indonesia's Utut Adianto wasted another chance in his attempt to top the standings at the Biel Masters chess tournament in Switzerland after drawing with Lajos Portisch of Hungary on Wednesday. But Utut gave no trace of disappointment with the result, reached after only 21 moves, upon learning that he played black pieces against a former eight-time world champion's challenger.
Fri, 31 Jul 1998, 00:00 WIB
Indonesia financial sector key to recovery: World Bank
Indonesia financial sector key to recovery: World Bank PARIS (Reuters): Restoring links between banks and corporations is the key challenge in the restructuring process required to prevent the Indonesian economy collapsing, Jean- Michel Severino, World Bank vice president, east Asian and the Pacific Region said on Wednesday. "The vicious cycle of shattered confidence and economic downturn that is driving the Indonesian economy to the brink of collapse must be broken.
Fri, 31 Jul 1998, 00:00 WIB
Whereabouts of missing activists still unknown
Whereabouts of missing activists still unknown JAKARTA (JP): Minister of Defense and Security/Armed Forces (ABRI) Commander Gen. Wiranto claimed yesterday he did not know the whereabouts of the 12 missing activists but pledged to keep searching for them. "I still know nothing of their whereabouts and whether they are still alive or not," Wiranto was quoted as saying by a delegation from the Commission for Missing Persons and Victims of Violence (Kontras), led by Munir.
Fri, 31 Jul 1998, 00:00 WIB
Family ties can strangle the nation's freedom
Family ties can strangle the nation's freedom By Wati Abdulgani-Knapp JAKARTA (JP): Asians are usually great pretenders. It is more important for them to put on a united front in public despite the reality there are things that they do not like in their own families. To voice a different opinion with parents and siblings is considered inappropriate for Asians, a phenomenon evident in the People's Consultative Assembly (MPR) during the rule of former president Soeharto.
Fri, 31 Jul 1998, 00:00 WIB
Police question 26 in reopened Marsinah murder investigation
Police question 26 in reopened Marsinah murder investigation JAKARTA (JP): East Java police have questioned 26 people in the course of their reinvestigation into the 1993 murder of labor activist Marsinah, Antara has reported. "There are old witnesses, there are new witnesses. Among the new witnesses are those who claimed to have met Marsinah at 9.30 p.m (which was) after Marsinah was declared dead," said Col.
Fri, 31 Jul 1998, 00:00 WIB
LIPI researchers present alternative electoral system
LIPI researchers present alternative electoral system JAKARTA (JP): Members of the government-run National Institute of Sciences (LIPI) gave their views to President B.J. Habibie yesterday about how to conduct next year's general election. They begged to differ on several points from the system being proposed by a team of the Ministry of Home Affairs commissioned to draft new electoral laws.
Fri, 31 Jul 1998, 00:00 WIB
Bakrieland's creditors agree to restructure foreign debt
Bakrieland's creditors agree to restructure foreign debt JAKARTA (JP): Publicly listed property firm PT Bakrieland Development, a property arm of the Bakrie Group, has successfully restructured part of its US$15.7 million foreign debt, its president said yesterday. Bambang Irawan Hendradi said South Korean Dong Nam Diamond Finance Company had recently agreed to roll over its $1.4 million loan to his company, due this year, to five years and six years.
Fri, 31 Jul 1998, 00:00 WIB
Seats for ABRI in the legislature?
Seats for ABRI in the legislature? The Indonesian Armed Forces (ABRI) has been carrying out the historical role of guarding the constitutional Indonesian state for more than 50 years. During this service, ABRI developed its (dual function) doctrine, which, though not unique, may be called distinctive. ABRI has provided justifications and assumed a sociopolitical function.
Fri, 31 Jul 1998, 00:00 WIB
Shuttlers urged to improve fitness
Shuttlers urged to improve fitness JAKARTA (JP): Indonesian badminton players need to improve their physical fitness if they want to maintain their long-held supremacy, former shuttling great Rudy Hartono said yesterday. Rudy, an eight-time All England winner, said players are prone to losing self-confidence -- and consequently their matches-- when they are not 100 percent fit.
Fri, 31 Jul 1998, 00:00 WIB
Eight new police companies set up
Eight new police companies set up JAKARTA (JP): The city police established eight new companies yesterday to back up police operations in the fight against surging crime in Greater Jakarta. "The ability of the new companies is in making quick maneuvers in handling crowds, search and rescue and limited antiterror movements," Jakarta Police Chief Maj. Gen. Noegroho Djajoesman said at the induction ceremony for the units.
Fri, 31 Jul 1998, 00:00 WIB
Bonanza for foreign tourists
Bonanza for foreign tourists I am writing in response to your article Tourist industry gears up for 'Happy Day' freebie bonanza, July 15, where "one free day of services and accommodation for international tourists" is being offered by Indonesia's tourist industry. I am visiting here from July 7 to July 31 with my family to show my children your beautiful, and my native, country, where their roots are.
Fri, 31 Jul 1998, 00:00 WIB
Chinese-Indonesian issue
Chinese-Indonesian issue Ms. Donna K. Woodward's letter on July 23, 1998, was her second on the Chinese/indigenous subject. In the first letter, she basically dismissed the magnitude of unfair discrimination against the Chinese-Indonesians by saying that the indigenous Indonesians would rather have their IDs marked rather than be alienated from the economic sector.
Fri, 31 Jul 1998, 00:00 WIB
Local artists settle for cuts and alternatives during crisis
Local artists settle for cuts and alternatives during crisis By Yogita Tahil Ramani JAKARTA (JP): If you sit down and watch local TV for a few hours each evening, don't be surprised to see vocalist Yana Julio littering almost every channel. Whether it's a video of a song from his latest, Ku Cinta, Yana himself on Indosiar's variety show Pesta or one of RCTI's quiz shows, he seems to be grabbing TV offers like they are going out of style.
Fri, 31 Jul 1998, 00:00 WIB
KL urged to move immigration office
KL urged to move immigration office SINGAPORE (Reuters): Singapore has warned Malaysia that rail passengers will face problems if Malaysia does not shift its immigration operation in the city state, Singapore's Ministry of Home Affairs said yesterday. It said in a statement that Singapore had told Malaysia that "rail passengers will face difficulties and inconvenience if Malaysian immigration insists on executing their duties at Tanjong Pagar Railway Station" after Friday.
Fri, 31 Jul 1998, 00:00 WIB
Asia markets firm as Obuchi appointed PM
Asia markets firm as Obuchi appointed PM SINGAPORE (Reuters): Most Asian share markets firmed yesterday as traders greeted the end of weeks of political uncertainty in Japan. Tokyo shares gained 0.3 percent and Hong Kong's main index ended more than one percent higher, although the region's currencies softened in line with a weaker yen.
Fri, 31 Jul 1998, 00:00 WIB
TV today
TV today TVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Cartoon: Warner Kartun 3:05 Sports: Topik Olah Raga 3:30 Village Program 4:00 Regional News 4:30 Performance: Cakrawala Budaya 5:00 Music: Paket 27 5:30 Educational Quiz: Cerdas Cermat 6:00 News: Lintasan Berita 6:05 Science Film 6:15 Sports News 6:30 TVRI News (in English) 7:00 Evening News 7:35 Variety Show: Majalah Udara 8:00 News: Lintasan Berita 8:05 Variety Show: Majalah Udara (contd.) 8:30 Talk Show: Dialog 9:00 World News 9:30...
Fri, 31 Jul 1998, 00:00 WIB
Govt recommends mixed electoral system
Govt recommends mixed electoral system BANDUNG (JP): A combination of proportional representatives and first-past-the-post systems for next year's general election will likely reduce the influence of political parties and strengthen the accountability of elected representatives. This is the rationale behind a plan to introduce a mixed system by a team of the Ministry of Home Affairs in drafting new electoral laws.
Fri, 31 Jul 1998, 00:00 WIB
Drug addicts pledge to reform themselves
Drug addicts pledge to reform themselves By Ati Nurbaiti WONOSOBO, Central Java (JP): The young man kept pacing, to and fro, asking what the time was. He also asked for flight, train and bus schedules from Jakarta to Yogyakarta, and blurted out, "Should I call home?" Budi, not his real name, couldn't make up his mind on whether it was the right time to break the bad news and good news to his mother. He knew his father was already on the way.
Fri, 31 Jul 1998, 00:00 WIB
Freed men want name cleared
Freed men want name cleared BANDUNG: Two former political prisoners released by the government this week say they hold grudges against the government and are demanding that their good name be restored, Antara said. Asep Ilyas and Abdul Muis said they also planned to write to President B.J. Habibie demanding the release of their colleagues, who were convicted along with them for their alleged role in a riot in Tasikmalaya, West Java, in December 1996.
Fri, 31 Jul 1998, 00:00 WIB
TV cameraman accuses famed 'dangdut' singer of assault
TV cameraman accuses famed 'dangdut' singer of assault JAKARTA (JP): Police promised yesterday to summon witnesses to an alleged assault on an RCTI cameraman by noted dangdut singer Camelia Malik. "We are studying the complaint. We haven't decided exactly when we will summon the witnesses, but we intend to pursue the matter in line with existing procedure," city police spokesman Lt. Col. E. Aritonang said.
Fri, 31 Jul 1998, 00:00 WIB
U.S. wheat aid to Indonesia hurts Australian farmers
U.S. wheat aid to Indonesia hurts Australian farmers CANBERRA (Dow Jones): Australia's Trade Minister Tim Fischer yesterday said Australia would be hurt by a U.S. plan that could give up to 500,000 metric tons of wheat to Indonesia as foreign aid. U.S.
Fri, 31 Jul 1998, 00:00 WIB
Bali greets 3,000 foreign tourists on 'Happy Day'
Bali greets 3,000 foreign tourists on 'Happy Day' By Devi M. Asmarani DENPASAR (JP): The famous tourist destination of Bali greeted at least 3,000 international visitors who were entitled to free hotel rooms, free meals, free tours and, for some, free domestic flight tickets on the nation's tourist "Happy Day", which fell yesterday.
Fri, 31 Jul 1998, 00:00 WIB
Stop divisive political agenda
Stop divisive political agenda By Frans H. Winarta This is the first of two articles on the New Order government's divisive agenda in the country. JAKARTA (JP): President B.J. Habibie and Minister of Cooperatives, Small and Medium Enterprises Adi Sasono recently threatened that if the 100,000 Chinese-Indonesian businesspeople who fled the country due to the May riots failed to come back soon, their networks in food distribution would be replaced by state-owned cooperatives.
Fri, 31 Jul 1998, 00:00 WIB
Basofi told of rejection
Basofi told of rejection SURABAYA: Governor Basofi Soedirman was formally notified yesterday that he had been dropped from the nominations of the upcoming election for East Java governor by the central government in Jakarta. Basofi insisted, however, that he would have the support of the majority of East Javanese if he was allowed to contest the election, Antara said.
Fri, 31 Jul 1998, 00:00 WIB
Demeaning article
Demeaning article I am writing in relation to the article which appeared on page 4 of The Jakarta Post on July 30, 1998, captioned Ethnic Chinese at fault for riots. This drivel demeans your newspaper. Please do not do the author the favor of publishing any further such articles. DEAN BOULDING Jakarta
Fri, 31 Jul 1998, 00:00 WIB
Rupiah strengthens on hopes of new CGI aid
Rupiah strengthens on hopes of new CGI aid JAKARTA (JP): The rupiah continued to gain ground yesterday, touching 12,800 against the U.S. dollar amid hopes of a favorable outcome to the Consultative Group on Indonesia (CGI) meeting in Paris, currency dealers said. They said bullish sentiment on the rupiah, though only traded moderately yesterday, was buoyed by market expectation that international donors grouped in the CGI would pledge more funds to help the country's battered economy.
Fri, 31 Jul 1998, 00:00 WIB
State electricity firm may terminate IPP contracts
State electricity firm may terminate IPP contracts JAKARTA (JP): State electricity company PLN is likely to terminate contracts with independent power producers (IPPs) who cannot raise financing for their projects or complete them, an official said yesterday. A deputy of the state minister for the empowerment of state enterprises, Sofyan A. Djalil, said PLN would not terminate the contracts unilaterally but after negotiations with the IPPs.
Fri, 31 Jul 1998, 00:00 WIB
Indonesia deal boosts Thailand's rice market
Indonesia deal boosts Thailand's rice market BANGKOK (Reuters): Thailand's rice market has been lifted by expectations the government might soon conclude a deal to sell a large amount of rice to Indonesia, trade sources said yesterday. They estimated Indonesia would seek between 100,000 and 300,000 tons of 25 percent grade rice from Thailand under the government-to-government deal.