Archive: 24 August 1998
52 articles found
Mon, 24 Aug 1998
Trading likely to taper off in wake of banking move
Trading likely to taper off in wake of banking move JAKARTA (JP): Trading activity in the local stock market is expected to taper off this week as investors take a "wait-and- see" attitude following the government's suspension of three banks and its acquisition of four others, stock analysts and...
Mon, 24 Aug 1998
S'pore rules ex-Amcol leaders
S'pore rules ex-Amcol leaders SINGAPORE (Bloomberg): A Singapore court has found three former directors of the failed Amcol Holdings Ltd. guilty of failing their duties as directors in exercising reasonable diligence in relation to a loan and remittances to an Indonesian venture, the Straits Times...
Mon, 24 Aug 1998
Bank Indonesia clarifies
Bank Indonesia clarifies In reference to the Reuters news article dated June 23, 1998 and used in The Jakarta Post June 25 edition headlined Indonesia and its Central Bank sued for US$58.59 billion, Bank Indonesia as the central bank of Indonesia would like to clarify that Bank Indonesia has never...
Mon, 24 Aug 1998
Object at BNI tower not a bomb
Object at BNI tower not a bomb JAKARTA (JP): An object found at Wisma BNI 46 tower, Central Jakarta, on Friday was not a bomb as initially reported, city police chief Maj. Gen. Noegroho Djajoesman said Saturday.
Mon, 24 Aug 1998
Hery wins national drag race
Hery wins national drag race JAKARTA (JP): With the absence of defending champion Robert J. Paul of Canada, Hery Agung easily won the fourth leg of the national drag race yesterday at Sentul, Bogor.Paul did not compete in the one-day race due to engine trouble just moments before the race began.
Mon, 24 Aug 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:35 TV Series: The Big Valley 3:05 Religious Teachings 3:30 TV Drama: Sketsa 4:00 Regional News 4:30 Creative Program: Karya Kita 5:00 Indonesian Lessons 5:30 Education Quiz: Tangkas Cermat 6:00 News: Lintasan Berita 6:05 My Country: Rona Nusantara 6:15...
Mon, 24 Aug 1998
New national curriculum not possible until 2000
New national curriculum not possible until 2000 JAKARTA (JP): Despite strong calls from education experts to revise the 1994 national education curriculum quickly, officials say the revised edition will not be ready until 2000 at the earliest.
Mon, 24 Aug 1998
New banking measures 'not enough'
New banking measures 'not enough' JAKARTA (JP): Banking measures taken by the country's financial authorities last week are not enough to reassure investors that the government is serious about restructuring the ailing industry.
Mon, 24 Aug 1998
Malaysia satisfied with Australia's explanation
Malaysia satisfied with Australia's explanation KUALA LUMPUR (AFP): Malaysia's Commonwealth Games chief said yesterday he was satisfied with comments from a top Australian sports official, who denied he had earlier cast doubt on Malaysia's capability to organize next month's games.
Mon, 24 Aug 1998
Businesses want bankruptcy law enactment delayed
Businesses want bankruptcy law enactment delayed JAKARTA (JP): Business associations are urging the government to delay the implementation of the new bankruptcy law, saying it will only benefit the creditors.
Mon, 24 Aug 1998
Amien launches 'modern' party
Amien launches 'modern' party JAKARTA (JP): Amien Rais launched his much-anticipated National Mandate Party (PAN) here yesterday, declaring it a "modern" party open to all ethnicities and religions.The declaration ceremony became a media and public magnate, as 10,000 people flocked to the Istora...
Mon, 24 Aug 1998
RI needs to make a quick turnaround
RI needs to make a quick turnaround The Habibie government is clocking up a hundred days this week. Political analyst J. Soedjati Djiwandono assesses how far it has gone in reforming the New Order government.
Mon, 24 Aug 1998
Palu beefs up security on eve of PDI congress
Palu beefs up security on eve of PDI congress JAKARTA (JP): Authorities tightened security in Palu, Central Sulawesi, over the weekend as participants of the pro-Soerjadi Indonesian Democratic Party (PDI) began arriving to attend a five-day congress.
Mon, 24 Aug 1998
Pakistani govt comes under fire over U.S. strike
Pakistani govt comes under fire over U.S. strike ISLAMABAD (AFP): Pakistan's government is coming under mounting pressure from military and religious figures to come clean over whether it supplied vital information to the United States for last Thursday's missile strikes on Afghanistan.
Mon, 24 Aug 1998
Reform openness brings blessing to book publishers
Reform openness brings blessing to book publishersBy A. Ariobimo Nusantara JAKARTA (JP): With the end of the New Order and the advent of the Reform Order, most bookshops in Indonesia have been flooded with reform-themed books and works exploring the dark side of the Soeharto's regime.
Mon, 24 Aug 1998
Kalimantan mining row may go to int'l court
Kalimantan mining row may go to int'l courtBy Johannes Simbolon JAKARTA (JP): A dispute between Taiwanese coal mining company PT Chung Hua Overseas Mining Development and the Indonesian government over the company's contract termination is likely to be settled in the international arbitration court.
Mon, 24 Aug 1998
Armed Forces elders
Armed Forces eldersFrom Pikiran RakyatThe euphoria of reform has reached a new height of intensity with the establishment of the National Front, which has declared itself a forum serving as the government's opposition. I was a little surprised when one of its founders, Lt. Gen. (ret.
Mon, 24 Aug 1998
Travel bans on bankers
Travel bans on bankers UJUNGPANDANG, South Sulawesi (JP): Attorney General A. Muhammad Ghalib vowed yesterday that he would soon issue travel bans on all bankers of troubled banks.Ghalib also vowed to pursue the bankers through legal process to get back any state funds channeled to their banks.
Mon, 24 Aug 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Photo Exhibition: A Part of Indonesian Historical Journey, at Galeri TC, Jl. Kemang Raya No. 24A, South Jakarta (Phone: 7194278), Sunday, at 10:30 a.m. to 12 p.m., Monday to Thursday, 11:30 a.m. to 11:30 p.m., Friday to Saturday 11:30 a.m. to 1:30 a.m.
Mon, 24 Aug 1998
Plywood market looking up, says Apkindo chief
Plywood market looking up, says Apkindo chief JAKARTA (JP): Plywood prices in international markets have gradually started to recover after a sharp decline since early this year, according to the Association of Indonesian Wood Panel Producers (Apkindo).Apkindo executive director A.
Mon, 24 Aug 1998
Number of poor Jakartans trebles
Number of poor Jakartans trebles JAKARTA (JP): The number of Jakartans living beneath the poverty level has more than trebled to 861,000, or nearly 10 percent of the total population of 9.3 million, since 1996, according to the Jakarta Central Bureau of Statistics.
Mon, 24 Aug 1998
Street children seek escape on the streets
Street children seek escape on the streets JAKARTA (JP): Childhood is supposed to be the best time of our lives, when we get to wallow in the unconditional love of those around us, spend long days having fun and think nothing of the stresses of adulthood lying ahead.
Mon, 24 Aug 1998
Finding out how to be your own boss from the Internet
Finding out how to be your own boss from the InternetBy Zatni Arbi JAKARTA (JP): A report in the Aug. 17 issue of Business Week struck me. While the unemployment rate in the U.S. is still at its lowest point so far and it's actually a job-seeker's market, the story is not so good for those nearing...
Mon, 24 Aug 1998
RP may ask for IMF waiver
RP may ask for IMF waiver MANILA (AFP): The Philippine government may ask a International Monetary Fund (IMF) mission to waive fiscal targets earlier agreed upon due to low revenue collection, sources said here yesterday.
Mon, 24 Aug 1998
Council firm on choice of Sultan
Council firm on choice of Sultan YOGYAKARTA (JP): The provincial legislative council here warned the central government over the weekend that they would accept nothing but a confirmation of Sri Sultan Hamengkubuwono X as the new Yogyakarta governor.
Mon, 24 Aug 1998
Malaysia may have snap election
Malaysia may have snap election KUALA LUMPUR (AFP): Malaysian Prime Minister Mahathir Mohamad was quoted yesterday as saying he had not ruled out the possibility of an early general election."I do not rule out the suggestion but I have to study the matter first," Mahathir was quoted by The Sunday...
Mon, 24 Aug 1998
AusAID awards
AusAID awards On Aug. 15, The Jakarta Post published a letter regarding the selection process for scholarships provided to Indonesia by the Australian government through the Australian Agency for International Development (AusAID).
Mon, 24 Aug 1998
Governor gives trendy food stalls seal of approval
Governor gives trendy food stalls seal of approval JAKARTA (JP): Governor Sutiyoso inaugurated 126 street cafes located at the southern end of the National Monument (Monas) Square in Central Jakarta on Saturday night.
Mon, 24 Aug 1998
A look at Thailand's and RI's property markets
A look at Thailand's and RI's property marketsBy Greg Penn JAKARTA (JP): The property markets of both Thailand and Indonesia have been decimated by the economic crisis. In Thailand it has been a slow sinking feeling since 1996 while the Indonesian property market has visibly plunged over the past...
Mon, 24 Aug 1998
Police chief removed
Police chief removed BOGOR (JP): Head of Citeureup's police precinct, Second Lt. Hotman Siagian, has been removed from duty due to the escape of 11 suspects from the precinct's detention center on Aug. 1.
Mon, 24 Aug 1998
A way out of the liquidity crisis
A way out of the liquidity crisisBy C.J. de Koning This is the first of two articles on a proposed solution to Indonesia's liquidity crisis. JAKARTA (JP): Correctly identifying the basis of Indonesia's liquidity crisis is essential in determining the best method to reach a solution.
Mon, 24 Aug 1998
Habibie set up team on E. Timor's status
Habibie set up team on E. Timor's status JAKARTA (JP): President B.J. Habibie assigned on Saturday the National Development Planning Board to formulate development policies for East Timor in accordance with the special status it will be accorded.
Mon, 24 Aug 1998
Government's bank restructuring measures
Government's bank restructuring measures JAKARTA (JP): The following is an edited text of the government's statement on banking restructuring measures which was announced Friday.To revitalize national economic activity, and to regain public confidence in the country's banking industry, the...
Mon, 24 Aug 1998
'No porno VCDs please'
'No porno VCDs please' BANJARMASIN, South Kalimantan: Owners of video compact disc (VCD) rental stores and movie theaters here have been urged not to lease or screen pornographic films to their customers.
Mon, 24 Aug 1998
The art of not learning English
The art of not learning EnglishBy Tri Hafiningsih JAKARTA (JP): You need to improve your English but don't have the time or simply cannot afford to enroll on one of those lengthy and expensive English courses.
Mon, 24 Aug 1998
JSX delists Perdana Inti, warns 24 other companies
JSX delists Perdana Inti, warns 24 other companies JAKARTA (JP): The Jakarta Stock Exchange (JSX) has temporarily delisted PT Perdana Inti Investama and has warned 24 other poorly performing companies they would receive similar punishment if they failed to strengthen their ailing businesses.
Mon, 24 Aug 1998
Ex-Aceh governor physically attacked by angry Acehnese
Ex-Aceh governor physically attacked by angry Acehnese JAKARTA (JP): Former Aceh governor and minister in Soeharto's cabinet, Ibrahim Hasan, was attacked by a man during a break in a discussion on the province's development held at Hotel Cempaka in Central Jakarta, Saturday morning.
Mon, 24 Aug 1998
Police halt search for bodies
Police halt search for bodies AMBON, Maluku: Elat Police in Southeast Maluku halted Saturday its search for five missing passengers of KM Diamond Star which sunk Aug. 9, Antara reported.Two died -- one identified as Anthonius Yeuyana while another was unidentified -- when the overloaded boat...
Mon, 24 Aug 1998
Free abortions offered for May riot rape victims
Free abortions offered for May riot rape victimsBy Stevie Emilia JAKARTA (JP): More than three months have passed since the May riots, and some rape victims may now be finding their trauma compounded by pregnancy.
Mon, 24 Aug 1998
RP to tap $1b from Japan
RP to tap $1b from Japan MANILA (AFP): A Philippine government holding firm will tap a special US$1 billion loan from Japan to fund development projects, it was announced here yesterday.Dakila Fonacier, general manager of the state-owned National Development Corp.
Mon, 24 Aug 1998
Golkar and PPP confident of gains in next election
Golkar and PPP confident of gains in next election JAKARTA (JP): Golkar and the United Development Party (PPP), which swept the most seats in the past five general elections, remained confident of a strong showing in the next election despite the political fallout and competition from new parties.
Mon, 24 Aug 1998
Osama frequent visitor to RP: Paper
Osama frequent visitor to RP: Paper MANILA (AFP): Saudi millionaire Osama bin Laden, accused of sponsoring terrorist attacks around the world, is a frequent visitor to the Philippines and one of his wives is a Filipina Moslem, a local newspaper reported yesterday.
Mon, 24 Aug 1998
Malaysian prisons angered by movie
Malaysian prisons angered by movie KUALA LUMPUR (AP): Malaysia's Prisons Department has lodged a police report against an American movie charging it depicts the Southeast Asian nation's prisons in a false light, a news report said.
Mon, 24 Aug 1998
Police shoot dead fugitive in chase
Police shoot dead fugitive in chase JAKARTA (JP): Police shot dead a man believed to be a member of a group of armed robbers in a daylight street chase on Jl. Darmawangsa, South Jakarta, over the weekend.South Jakarta police chief Lt. Col.
Mon, 24 Aug 1998
Military readies reshuffle list
Military readies reshuffle list BANGKOK (AP): Thailand's military will submit its annual reshuffle list to Prime Minister Chuan Leekpai this week, setting up a possible confrontation over a tainted general, The Bangkok Post reported yesterday.
Mon, 24 Aug 1998
Tigaraksa offer for investors
Tigaraksa offer for investors TANGERANG (JP): The Tangerang Regency Office has opened Tigaraksa, the regency's future capital, to developers to speed up relocation, which has been delayed for 11 years, an official said over the weekend.
Mon, 24 Aug 1998
Epidemics threaten China as floodwaters spread
Epidemics threaten China as floodwaters spread BEIJING (AFP): China's Health Minister Zhang Wenkang warned of epidemics as raging floodwaters from the northeastern Nenjiang river wiped out the third line of dikes protecting the country's most important oilfield, state media reported yesterday.
Mon, 24 Aug 1998
Let Supreme Court decide 'Pak' De's case: Noegroho
Let Supreme Court decide 'Pak' De's case: Noegroho JAKARTA (JP): City Police chief Maj. Gen. Noegroho Djajoesman has said it was up to the Supreme Court to review the ruling against Mohammad Siradjuddin, alias Pak De, who was sentenced with life imprisonment for murdering fashion model Dietje in...
Mon, 24 Aug 1998
Cleaning up banks
Cleaning up banks The Indonesian government, in a long-awaited move, finally acted firmly to clean up the country's beleaguered banking industry by freezing the operations of three insolvent private banks, nationalizing four others and merging four state banks.
Mon, 24 Aug 1998
Taiwan still weighing rice deal with RI
Taiwan still weighing rice deal with RI TAIPEI (Agencies): The regional outcry against the May riots in Indonesia in which ethnic Chinese became the main target continued over the weekend, with the protests showing signs of influencing bilateral ties.
Mon, 24 Aug 1998
'Suara Medeka' may face suit
'Suara Medeka' may face suit PURWOKERTO, Central Java: The provincial legislature along with the Banyumas City Council are considering filing a libel suit against Suara Medeka daily for publishing a report which alleged that council speaker Warsono Nursoleh took bribes from deputy governor Djoko...
Mon, 24 Aug 1998
Singapore dependent on Malaysia, RI: Goh
Singapore dependent on Malaysia, RI: Goh SINGAPORE (Bloomberg): Singapore's Prime Minister Goh Chok Tong started his National Day Rally speech last night by focusing on the economic problems of the island-state's neighbors, which determines Singapore's future, he said.