Archive: 8 July 1998
61 articles found
Wed, 08 Jul 1998, 00:00 WIB
Uniforms business not for principals
Uniforms business not for principals TANGERANG (JP): The mayoralty's education and culture office has banned all high school principals from involvement in the provision of school uniforms and textbooks. Office chief Muhyi Syarifuddin said yesterday that the move was aimed at cutting bureaucratic procedures in order to provide cheaper prices.
Wed, 08 Jul 1998, 00:00 WIB
Complaints PO Box gets good public response
Complaints PO Box gets good public response JAKARTA (JP): Two weeks after being launched, the post office box set up by the city administration to receive complaints about the illegal activities of city employees has received 150 letters, an official said yesterday. Deputy governor for development affairs Abdul Kahfi said the team which was set up to handle letters addressed to PO Box 0008, Jakarta 10900, would soon begin to question officials named in the complaints.
Wed, 08 Jul 1998, 00:00 WIB
Percussion festival to cheer up Jakarta Fair
Percussion festival to cheer up Jakarta Fair JAKARTA (JP): Fewer music festivals are held these days, but the Jakarta Percussion Festival '98 (Jakperc '98) is one to look forward to. Various groups are scheduled to perform at the festival, which will be held at the Jakarta Fairground, Kemayoran, Central Jakarta, on July 10 at 8 p.m.
Wed, 08 Jul 1998, 00:00 WIB
CPO price jumps US$20 per ton
CPO price jumps US$20 per ton LONDON (Reuters): Crude palm oil prices reached about US$20 a ton up at the opening of the European vegetable oil market yesterday following news that Indonesia is to raise export duty on crude palm oil (CPO) and that India is to tender to buy palm olein. Indonesia plans to raise the export tax on CPO to help stabilise cooking oil prices, Trade and Industry Minister Rahardi Ramelan said. "The tax will be increased to 60 percent," he said.
Wed, 08 Jul 1998, 00:00 WIB
Pedicab drivers demand to ply narrow streets
Pedicab drivers demand to ply narrow streets JAKARTA (JP): About 2,000 becak (pedicab) drivers pedaled their three-wheeled vehicles to Jakarta City Hall yesterday morning to urge the authorities to allow them to operate in the city's alleys and narrow streets.
Wed, 08 Jul 1998, 00:00 WIB
Housing customers to sue developer
Housing customers to sue developer JAKARTA (JP): Hundreds of customers threatened yesterday to sue a private housing developer of the Bank Harapan Sentosa (BHS) Group for failing to meet its obligation to build a housing complex in Bogor regency.
Wed, 08 Jul 1998, 00:00 WIB
Asian markets climb as Japan tax puzzle clears
Asian markets climb as Japan tax puzzle clears SINGAPORE (Reuters): Asian markets ended broadly higher yesterday as Japan's dithering policy makers swung back towards tax cuts and traders welcomed some rare spots of positive news. Tokyo stocks and the yen firmed after a series of comments by politicians helped restore confidence that the government would cut taxes permanently to help drag the economy out of recession.
Wed, 08 Jul 1998, 00:00 WIB
Former Malaysian official dies
Former Malaysian official dies KUALA LUMPUR (Reuters): Malaysia's former central bank governor and prominent business leader Ismail Ali has died due to complications from flu. He was 79. Newspapers said yesterday that Ismail, who was also Prime Minister Mahathir Mohamad's brother-in-law, was admitted to a hospital with flu on June 22 and died Monday of an aneurysm due to complications.
Wed, 08 Jul 1998, 00:00 WIB
Indonesian company sells big hotel
Indonesian company sells big hotel HONG KONG (Dow Jones): An Indonesian company has sold an upscale hotel in Melbourne to Sydney-based Southern Pacific Hotel Corp. group, a hotelier owned by Chicago's prominent Pritzker family. The 384-room, four-star Melbourne Centra Hotel fetched about A$70 million, according to Anthony Karp, regional director of JLW TransAct Pte Ltd. in Singapore, which brokered the deal on behalf of its Indonesian client Perfect Match Ltd.
Wed, 08 Jul 1998, 00:00 WIB
CPO export tax upped to 60 percent
CPO export tax upped to 60 percent JAKARTA (JP): The government has raised export taxes on crude palm oil (CPO) and some of its by-products to as much as 60 percent in another attempt to discourage exports, Minister of Industry and Trade Rahardi Ramelan said yesterday. Rahardi said the export tax increase would enable the government to contain the escalating price of cooking oil in the country at around Rp 4,000 (28 U.S. cents) per kilogram.
Wed, 08 Jul 1998, 00:00 WIB
565 students get ADB scholarships
565 students get ADB scholarships JEMBER, East Java: Five hundred and sixty five students from the state University of Jember will receive scholarships from the Asian Development Bank (ADB) in the new academic year, a university spokesman said. He said 38 students would each receive Rp 1.2 million per semester, 115 students Rp 1.07 million per semester, and 412 students Rp 717,000 per semester from the scholarship fund, Imam Soebagio was quoted as saying by Antara.
Wed, 08 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 Children's Film: Silverhawks 3:05 Family's Film: Road to Avonlea 4:00 Regional News 4:30 Teen Program: Remaja Indonesia 5:00 Science and Technology Film 5:30 Education Quiz: Cepat Tepat 6:05 My Country: Rona Nusantara 6:15 Sports 6:30 TVRI News (in English) 7:00 Evening News 7:35 TV Drama: Tantangan 8:05 Economic News: Lintas Ekonomi 8:30 News: Laporan Peristiwa 9:00 World News 9:30 World Cup Journal 10:00...
Wed, 08 Jul 1998, 00:00 WIB
Experts decry Habibie's call on people to fast
Experts decry Habibie's call on people to fast PURWOKERTO, Central Java (JP): Observers have slammed President B.J. Habibie's call for people to fast to help save rice, stating that concrete policies and political stability, not mere rhetoric, are needed to resolve the crisis. Economist A.
Wed, 08 Jul 1998, 00:00 WIB
Police arrest Pakistani man for faking immigration papers
Police arrest Pakistani man for faking immigration papers JAKARTA (JP): A 31-year-old Pakistani has been apprehended by Central Jakarta police detectives at his boarding house on Jl. Karang Anyar for allegedly counterfeiting immigration documents and official stamps. Central Jakarta Police chief Lt. Col.
Wed, 08 Jul 1998, 00:00 WIB
Thai monk gives $1.2m to govt
Thai monk gives $1.2m to govt BANGKOK (AP): A Buddhist monk donated US$1.2 million to help the government overcome an economic downturn Monday, a day after he handed over 400 pounds of gold for the same cause. The 87-year-old Phra Maha Bua Yanasampanno collected the donations from Thais abroad and followers throughout the country.
Wed, 08 Jul 1998, 00:00 WIB
Rubin tells ailing Asia to hang tough
Rubin tells ailing Asia to hang tough By Knut Engelmann WASHINGTON (Reuters): A year after much of Asia descended into economic chaos, the chief architect of the West's massive rescue effort had a simple message for the fallen tigers: things may be tough, but hang in there. It took U.S.
Wed, 08 Jul 1998, 00:00 WIB
232 Jakartans resettled in Riau
232 Jakartans resettled in Riau JAKARTA (JP): The city administration has relocated 232 people to Bengkalis, Riau, under the state-sponsored transmigration program. The 56 families, mostly from slum areas forced to make way for development projects, departed last week after a modest ceremony attended by Governor Sutiyoso in Pondok Kelapa, East Jakarta. It was the second group of families the administration has resettled this year. Earlier, 89 Jakartan families moved to West Kalimantan and Riau.
Wed, 08 Jul 1998, 00:00 WIB
Southeast Asian currencies strengthen
Southeast Asian currencies strengthen SINGAPORE (Dow Jones): Southeast Asian currencies yesterday ended flat to a touch stronger against the U.S. dollar, supported by the relative stability of the yen despite deteriorating sentiment towards the region. Most heavily traded was the Singapore dollar, which surrendered the bulk of an early rebound to finish barely changed on the day after the island republic's prime minister warned that a recession is likely next year.
Wed, 08 Jul 1998, 00:00 WIB
Assets contract by Rp 41.78t
Assets contract by Rp 41.78t JAKARTA (JP): Bank Indonesia's net domestic assets (NDA) shrank to minus Rp 74.816 trillion as of July 3, representing a monetary contraction of Rp 41.782 trillion from the previous week. Bank Indonesia (BI) said the huge contraction was mostly as a result of a change in the base which it uses to calculate its net international reserves (NIR) from Rp 7,000 per U.S. dollar to Rp 10,000, as suggested by the International Monetary Fund.
Wed, 08 Jul 1998, 00:00 WIB
KL airport dumps food daily
KL airport dumps food daily KUALA LUMPUR (AP): Export consignments of vegetables, fish and even tortoises are being thrown into a garbage dump because the city's new airport is overwhelmed by cargo, a newspaper reported yesterday. Trucks loaded with food items, rotting after several days of delay at the Kuala Lumpur International Airport, drive to a garbage dump from the cargo terminal each day, Sun daily said.
Wed, 08 Jul 1998, 00:00 WIB
Gadjah Mada offers studies on Mideast
Gadjah Mada offers studies on Mideast YOGYAKARTA: Gadjah Mada University in cooperation with the Ministry of Foreign Affairs will establish a center for Middle Eastern Studies here. A memorandum of understanding has been signed by the university's rector, Ichlasul Amal, and Djohan S. Syahperi, chief of the Center for Research and Development at the foreign affairs ministry.
Wed, 08 Jul 1998, 00:00 WIB
Prosecutors demand 10 and 7 months for Trisakti defendants
Prosecutors demand 10 and 7 months for Trisakti defendants JAKARTA (JP): Prosecutors at the military tribunal investigating the Trisakti shooting incident demanded prison sentences for two police officers who ordered their men to shoot into the crowd of demonstrators. They requested a 10 month jail term for First Lt. Agus Tri Heryanto and a seven month sentence for Second Lt. Pariyo. Col. Sadji Purnomo and Capt.
Wed, 08 Jul 1998, 00:00 WIB
Cambodia on ASEAN agenda after polls
Cambodia on ASEAN agenda after polls MANILA (DPA): Cambodia's membership in the Association of Southeast Asian Nations (ASEAN) may be discussed before the group's leaders hold a summit in December if a fair and peaceful Cambodian election is held on July 26, a top Philippine official said yesterday.
Wed, 08 Jul 1998, 00:00 WIB
KL minister spurns S'pore demand
KL minister spurns S'pore demand KUALA LUMPUR (AP): Malaysia's minister of tourism has refused to apologize after criticizing Singapore for allegedly excluding Malaysia from a list of coveted tourist destinations, a local newspaper reported yesterday. The dispute between the two Southeast Asian neighbors was sparked last week.
Wed, 08 Jul 1998, 00:00 WIB
Military command withdraws troops
Military command withdraws troops JAKARTA (JP): The Jakarta Military Command has started to withdraw, in stages, half of its 5,500 personnel from the streets and visible public areas, according to an official. The command's spokesman Lt. Col. DJ. Nachrowi said over the weekend the remaining half of the troops are still ordered to safeguard business centers and vital public buildings.
Wed, 08 Jul 1998, 00:00 WIB
Hipmi urged to fill the many distribution chain vacancies
Hipmi urged to fill the many distribution chain vacancies JAKARTA (JP): President B.J. Habibie said yesterday in a meeting with executives of the Association of Young Indonesian Businessmen that they should fill the vacancies in the business distribution chain created by fleeing nonindigenous entrepreneurs.
Wed, 08 Jul 1998, 00:00 WIB
New party needed?
New party needed? From Media Indonesia The necessity of a new political party is a hot topic of discussion in our community at present. It is in fact not important who first brought up the subject. It is also not important under what circumstances the idea first occurred. For a layman like me the problem has become a question as to the number of political parties required and when they will enter the world of politics in this country.
Wed, 08 Jul 1998, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on July 7, 1998: Shares Close Change Volume ----------------------------------------------------------- Ades Alfindo 375 0 0 AHAP Insurance 575 0 0 Alter Abadi 475 0 316,000 Alumindo Light Metal 325 0 0 Alumindo Perkasa 200 0 0 Aneka Kimia Raya 225 0 78,500 Aneka Tambang 2,050 225 76,011,000 Anwar Sierad 100 -50 8,000 Apac Centertex Corp.
Wed, 08 Jul 1998, 00:00 WIB
Habibie's legitimacy questioned
Habibie's legitimacy questioned By Ignas Kleden JAKARTA (JP): Though B.J. Habibie seems to have taken over the office of president very easily, smoothly and quickly, he is now beset by the heavy and protracted question of his legitimacy and legality. His presidency is considered not fully legally valid because it has not received the mandate of the People's Consultative Assembly (MPR).
Wed, 08 Jul 1998, 00:00 WIB
SEAG consortium refuses to repay reforestation funds
SEAG consortium refuses to repay reforestation funds JAKARTA (JP): The 19th Southeast Asian Games underwriting consortium has refused to repay the reforestation funds it reportedly used for the sporting event. The consortium's promotion and business deputy, Enggartiasto Lukita, said yesterday that the consortium had not known the source of the funds lent from the government for the games last year until secretary of the Ministry of Forestry and Plantations, Oetomo, unveiled it last week.
Wed, 08 Jul 1998, 00:00 WIB
New military leaders installed
New military leaders installed JAKARTA (JP): Jakarta Military Commander Maj. Gen. Sjafrie Sjamsoeddin installed the new commanders of the First Air Defense Artillery Regiment and the Artillery Unit Battalion 7/105 at the Jakarta Military Headquarters here yesterday. Lt. Col. Haris Patriosa was installed as the artillery regiment's commander replacing Col. Prijanto who was promoted to Chief of the Armed Forces Commander's Personal Staff. Meanwhile Maj.
Wed, 08 Jul 1998, 00:00 WIB
Kontras to report missing persons cases to UN body
Kontras to report missing persons cases to UN body JAKARTA (JP): The independent Commission for Missing Persons and Victims of Violence (Kontras) will report the recent spate of kidnappings of political activists to the Geneva-based United Nation (UN) Rights Commission in September. Kontras' coordinator Munir said here yesterday that Kontras had been invited by the UN rights commission to confirm reports of missing persons and the military's alleged use of violence.
Wed, 08 Jul 1998, 00:00 WIB
Golkar to end chief patron's veto right
Golkar to end chief patron's veto right JAKARTA (JP): Golkar is set to rid itself of the board of patrons, currently chaired by former president Soeharto, when it convenes an extraordinary congress here tomorrow. The three day congress is expected to bring in a new era for the dominant political organization as it sets out a new format for its organizational structure.
Wed, 08 Jul 1998, 00:00 WIB
No party admits responsibility for concert chaos
No party admits responsibility for concert chaos JAKARTA (JP): The police and Nahdlatul Ulama (NU) officials blamed each other yesterday for the rioting that followed chaos at a concert here Monday night. The police said they provided inadequate force to safeguard the concert watched by an estimated 30,000 people because NU officials had applied for permit for a mass prayer and not a music show.
Wed, 08 Jul 1998, 00:00 WIB
Mutual funds investing in RI make progress
Mutual funds investing in RI make progress NEW YORK (Dow Jones): Overseas mutual funds investing in Indonesia and Japan made progress during the last week, weathering the turbulent financial markets in Asia. Others in the region didn't remain above water during the week ended last Friday, according to Lipper Analytical Services Inc.
Wed, 08 Jul 1998, 00:00 WIB
SIA, Pratt & Whitney deal
SIA, Pratt & Whitney deal SINGAPORE (DPA): Singapore Airlines (SIA) and the U.S.-based firm Pratt & Whitney yesterday launched a joint venture to overhaul commercial jet engines in Asia. The new company, Eagle Services Asia, is based in Singapore with SIA as its anchor customer. Pratt & Whitney owns 51 percent of the venture, and Singapore Airlines Engineering Company (SIAEC), a wholly-owned subsidiary of SIA, owns the remaining 49 percent.
Wed, 08 Jul 1998, 00:00 WIB
Wiranto deplores separatist demos in Irian Jaya
Wiranto deplores separatist demos in Irian Jaya JAKARTA (JP): Minister of Defense and Security Affairs/Armed Forces (ABRI) Commander Gen. Wiranto said yesterday that the hoisting of the separatist West Papuan flag in Irian Jaya was an act of treachery. "Wherever a flag other than the Indonesian flag is hoisted, there is treachery and ABRI will not tolerate this," Wiranto was quoted by Antara as saying.
Wed, 08 Jul 1998, 00:00 WIB
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 July 6 to July 12 : U.S.
Wed, 08 Jul 1998, 00:00 WIB
Mar'ie on shortlist for audit agency
Mar'ie on shortlist for audit agency JAKARTA (JP): Former minister of finance Mar'ie Muhammad is on a shortlist of three approved by the House of Representatives yesterday to chair the Supreme Audit Agency (BPK). The two other nominees are the agency's current deputy chairman, former National Police chief Gen. (ret.) Kunarto and economist Zaki Baridwan. Executive members have run the agency collectively since chairman J.B.
Wed, 08 Jul 1998, 00:00 WIB
Botanical Gardens raises environmental awareness
Botanical Gardens raises environmental awareness By Yudha Kartohadiprodjo BOGOR, West Java (JP): In the middle of Bogor Botanical Gardens, on the banks of a pond filled with gigantic water lily, a small group of high school students were holding a discussion on the impact of the greenhouse effect on the environment.
Wed, 08 Jul 1998, 00:00 WIB
Pertamina's unpaid debts reach US$732m
Pertamina's unpaid debts reach US$732m JAKARTA (JP): State oil and gas company Pertamina has arrears of about US$732 million to crude and fuel importers, shipping companies and gas suppliers. Pertamina president Soegianto said the company was behind in debt payments because it had yet to receive payment from several fuel gas buyers. In addition, he said, Pertamina also had not received the money from the government to offset the subsidies for the fuel sales.
Wed, 08 Jul 1998, 00:00 WIB
Golkar chair still a coveted trophy
Golkar chair still a coveted trophy By Imanuddin JAKARTA (JP): Golkar leaders from central and regional chapters began checking into rooms at Hotel Indonesia last night ahead of tomorrow's extraordinary congress that will determine much of the dominant political group's future.
Wed, 08 Jul 1998, 00:00 WIB
Teaching good from bad
Teaching good from bad From Kompas Schools from kindergarten to senior high have not had the subject of budi pekerti (ethics) in their curriculum for over 20 years. This subject is essential because it teaches students to tell the good from the bad. The teaching stresses that people must choose the good although from nature humankind has the free will to choose between the good or the bad. Therefore, people must be given the capability to differentiate the good from the bad.
Wed, 08 Jul 1998, 00:00 WIB
Very risky generosity
Very risky generosity When this country faced a dire economic crisis under president Sukarno in the early 1960s, many people said that had the crisis hit one of our neighbors it would have collapsed. However, there is no comparing that crisis with today's economic catastrophe in that our country could collapse if no workable and conceptional plan is found, and fast.
Wed, 08 Jul 1998, 00:00 WIB
Bengkel's first anniversary
Bengkel's first anniversary JAKARTA (JP): Bengkel Nightpark, one of the city's main entertainment centers, celebrated its first anniversary with modest but appealing events from July 3 through July 5. The main attractions for the 2,000 guests were street shows by a performing monkey and blazing fire acts by several local artists. Public relations and marketing manager Dandan Hamdani said the three-day party also involved two female palmists who performed free of charge.
Wed, 08 Jul 1998, 00:00 WIB
The myth about the Chinese-Indonesians
The myth about the Chinese-Indonesians Some say many goods have become scarce or expensive because their distributors, mostly traders of Chinese descent, have fled the country. Economist Kwik Kian Gie says this is a myth created to discredit Chinese-Indonesians. JAKARTA (JP): Recent media reports have prompted me to question their accuracy. They claim that goods are becoming hard to find and expensive after their distribution was crippled because traders of Chinese descent fled abroad.
Wed, 08 Jul 1998, 00:00 WIB
Riot victims
Riot victims Reports that the ethnic Chinese community has become the victim of rioting, looting and systematic rape will certainly break everybody's heart. I cannot imagine how I would feel if those things happened to me, my family, or my friends. We must not only condemn these barbaric acts but also urge the authorities to conduct a thorough investigation. Barbaric acts, on whatever grounds, cannot be justified.
Wed, 08 Jul 1998, 00:00 WIB
Economy shrinks for first time in 30 years
Economy shrinks for first time in 30 years JAKARTA (JP): Indonesia's economy plunged into negative growth for the first time in 30 years in the January-June period of this year, with a 12.3 percent contraction in the economy as compared to the same period in 1997, the Central Statistics Agency (BPS) reported yesterday.
Wed, 08 Jul 1998, 00:00 WIB
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on July 7, 1998: Buying Selling Rp Rp U.S.
Wed, 08 Jul 1998, 00:00 WIB
Over 116,000 face starvation
Over 116,000 face starvation BANDA ACEH, Aceh: A senior local official reported yesterday that 116,252 people in Indonesia's westernmost province were facing starvation because of continuing drought. Djoko Santoso from the local social ministry office told Antara that the drought, which started late last year, had caused this year's harvests to fail. The worst affected areas are in the North, Central and East Aceh regencies where about 74,800 families are facing food shortages, Djoko said.
Wed, 08 Jul 1998, 00:00 WIB
Losing dollars
Losing dollars Ever heard of losing dollars in a bank? Well it is possible. On May 18, I was in a rush. My embassy advised me to leave Indonesia because of possible unrest. So I went to my, I thought reliable, bank BCA, here in Yogyakarta. I wanted to withdraw I had there, because I was going to Manila. Because of the rush and hurry, I later took a good look at the slip I got from BCA. I had only US$1,050. I was sure I had more. I was right. The BCA dollar account is one big sham!
Wed, 08 Jul 1998, 00:00 WIB
Political doubts threaten tourism
Political doubts threaten tourism JAKARTA (JP): Indonesia might have to reduce its 1998 tourist revenue target of US$5.75 billion if domestic political conflict continues, Director General of Tourism Andi Mappisameng said yesterday. He said the government had targeted foreign tourist arrivals for the year at 4.6 million, or a 10 percent decline from the 1997 level. "But it has already dropped more than 18 percent as of the end of May," he told reporters at a media conference.
Wed, 08 Jul 1998, 00:00 WIB
Diseases plague coastal residents
Diseases plague coastal residents TANGERANG (JP): Health officials have reported a high incidence of skin diseases and respiratory infections in northern coastal villages here caused by unhealthy living conditions. Bachtiar Oesman, head of the Tangerang health office, said Sunday that of the 30,200 people in 19 districts that received free medical treatment last week, 28.5 percent of them have skin diseases and 21.4 percent respiratory infections.
Wed, 08 Jul 1998, 00:00 WIB
Rupiah weakens slightly but stocks get stronger
Rupiah weakens slightly but stocks get stronger JAKARTA (JP): The rupiah weakened slightly against the U.S. dollar yesterday following some selling from state banks, while the stock market maintained its strength as a result of investors' continuing to buy stocks in certain state-owned firms. The rupiah slid to 14,700 against the U.S. dollar in the afternoon from 14,500 the morning, but stock prices on the Jakarta Stock Exchange (JSX) gained 2.8 percent, currency dealers and stockbrokers said.
Wed, 08 Jul 1998, 00:00 WIB
House backs UN convention approval
House backs UN convention approval JAKARTA (JP): The House of Representatives for the first time used its right of initiative yesterday to set forth a motion for the ratification of the United Nations Convention Against Torture signed by the government a decade ago. All four House factions in a plenary session chaired by Lt. Gen. Hari Sabarno fully endorsed plans to ratify the convention.
Wed, 08 Jul 1998, 00:00 WIB
Where to go in Bandung:
Where to go in Bandung: Exhibitions * Art exhibition: Works of Agus Suwage, at Galeripadi Jl. Ir. H. Juanda 329 Bandung (Phone: 022 2500578), Tuesday to Sunday, 10 a.m. to 4 p.m., until July 19. * Painting Exhibition by Roedyat Martadiradja, Tatang Ganar, Marilies Forster, Elly Roedyat, etc, in the Lobby, Jayakarta Hotel, Jl. Ir. H. Juanda 381 A (Phone: 022 2505888), until Aug. 5. Performances * Sundanese Traditional Drama: Tumenggung Raksanagara, in Gedung Kesenian Rumentang Siang, Jl.
Wed, 08 Jul 1998, 00:00 WIB
Inhutani I's profit up
Inhutani I's profit up JAKARTA (JP): State timber firm PT Inhutani I reported yesterday a pretax profit of Rp 21.6 billion (US$1.54 million) in the first semester of this year, up 8 percent from the Rp 20.4 billion in the same period last year. Company president Abdul Fattah said Inhutani I estimated the 1998 pretax profit would increase 47 percent to Rp 27.3 billion this year from Rp 40.4 billion in 1997. He said the pretax profit was about 79.2 percent of the initial target for 1998.
Wed, 08 Jul 1998, 00:00 WIB
Pakistan's debt moratorium
Pakistan's debt moratorium ISLAMABAD (Reuters): Pakistani Finance Minister Sartaj Aziz said yesterday that the government might have to consider a moratorium on its US$30 billion debt in three months if sanctions blocked foreign exchange flows to service it. "If sanctions last more than three months then we may be forced to consider a moratorium," the minister told Reuters.
Wed, 08 Jul 1998, 00:00 WIB
Freshly printed rupees cause unease
Freshly printed rupees cause unease By Simon Cameron-Moore BOMBAY (Reuters): Inflation in India, where poor voters get touchy about the price of onions, is edging toward the high end of its comfort zone. Consumer prices for industrial workers rose 10.5 percent in the year to May, after an 8.2 percent rise in the year to April and 7.3 percent in the year to May 1997, data released on Monday showed.
Wed, 08 Jul 1998, 00:00 WIB
Indian films portray today's social concerns
Indian films portray today's social concerns JAKARTA (JP): Indian movies on issues of social concern and related discussions are being held this week at Teater Utan Kayu (TUK), Jl Utan Kayu 68H, East Jakarta. Below is a synopsis of two of the five films. Bandit Queen (July 12, 4 p.m.; Discussion, 7:30 p.m.). Cast: Seema Biswas, Nirmal Pandey. Director: Shekhar Kapur. The story about the most wanted outlaw between 1979 and 1983 is adapted from a book by Mala Sen.
Wed, 08 Jul 1998, 00:00 WIB
Thai power demand drops
Thai power demand drops BANGKOK (Reuters): Thai electricity demand will contract for the first time in 35 years in 1998 as the country's worst economic crisis takes its toll, the head of the state power authority said yesterday. Viravat Chlayon, governor of the Electricity Generating Authority of Thailand, said Thai electricity demand was projected to drop by 2.25 percent this year to 14,180 megawatts (MW) from 14,506 in 1997 and could continue to slide.