Archive: 15 September 1998
52 articles found
Tue, 15 Sep 1998, 00:00 WIB
Further unrest disrupts local financial market
Further unrest disrupts local financial market JAKARTA (JP): Continuing unrest in the country sent the local financial market into a tailspin on Monday, with the rupiah hitting 11,950 against the U.S. dollar and the stock market falling to another five-year low. Currency dealers and stockbrokers said the news reports of looting and riots in Medan, North Sumatra, dragged down market sentiment on the rupiah and local stocks.
Tue, 15 Sep 1998, 00:00 WIB
Where to go in Bandung:
Where to go in Bandung: Exhibitions * Photo, Painting Exhibition: Terjebak...!, by Aendra H. Medita and Dodi Rosadi, at Sabar Bandung Art House, Jl. Sabar No. 8, Cipaganti, Sept. 18-20. * Fine Arts Exhibition: Selasar Seni Sunaryo, by Sunaryo, at Contemporary Art Museum, Jl. Bukit Pakar Timur No. 100, Bandung (Phone: 022 2507939). * Photo Exhibition: Bandung di Mata POTRET, by Photographers of Parahyangan Catholic University (UNPAR), at Savoy Homann, Panghegar Heritage Hotel, Jl. Asia Afrika No.
Tue, 15 Sep 1998, 00:00 WIB
Neglected starvation
Neglected starvation From Ummat I was deeply shocked to learn that a group of Betawi families could not afford to buy food. The report also reveals the condition of their shanties. It is ironic that a community, physically close to the center of power and business activities, and magnificent skyscrapers, should be left far behind. It is indeed highly incredible. Then, what might happen to communities living in rural areas. Their miseries could be beyond comprehension.
Tue, 15 Sep 1998, 00:00 WIB
Commercial Court hears first bankruptcy case
Commercial Court hears first bankruptcy case JAKARTA (JP): The country's newly established commercial court began hearing the first bankruptcy cases on Monday, pitting PT Karabha Digdaya, a real estate and golf course developer, against construction firms PT Jaya Obayashi and PT Nusa Raya Cipta. A three-judge panel at Central Jakarta Commercial Court heard the charges against Karabha brought by the two construction firms.
Tue, 15 Sep 1998, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Sept.14, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 325 0 0 AHAP Insurance 400 0 0 Alter Abadi 225 0 0 Alumindo Light Metal 275 100 224,000 Alumindo Perkasa 225 0 0 Aneka Kimia Raya 150 0 25,500 Aneka Tambang 1,375 -25 3,039,000 Anwar Sierad 75 0 50,000 Apac Centertex Corp.
Tue, 15 Sep 1998, 00:00 WIB
Foreign intelligence
Foreign intelligence From Sinar Pagi There was concern when State Minister of Women's Affairs Tutty Alawiyah reported, after a recent Cabinet meeting, that President B.J. Habibie had instructed the coordinating minister for political affairs and security to invite foreign intelligence agencies to Indonesia to gather data or conduct a field study about the reasons why Indonesia is, in many respects, being put in a tight corner in the international community.
Tue, 15 Sep 1998, 00:00 WIB
Moody's downgrades KL banks
Moody's downgrades KL banks KUALA LUMPUR (Reuters): Rating agency Moody's Investors Service downgraded the debt, deposit and bank financial strength ratings of five major Malaysian banks on Monday, dealing a fresh blow to the country's battered banking sector. Moody's also placed those same ratings under review for possible further downgrades. The rating agency said the banks downgraded were Malayan Banking Bhd (Maybank), Bank Bumiputra Bhd, Public Bank Bhd, RHB Bank Bhd and Sime Bank Bhd.
Tue, 15 Sep 1998, 00:00 WIB
ABRI urged to ensure impartiality in probe
ABRI urged to ensure impartiality in probe JAKARTA (JP): An international human rights group urged Minister of Defense and Security/Armed Forces (ABRI) Commander Gen. Wiranto on Monday to involve independent bodies to ensure impartiality in the investigation into missing activists.
Tue, 15 Sep 1998, 00:00 WIB
Lawyers ready to defend protesters in Irian Jaya
Lawyers ready to defend protesters in Irian Jaya JAKARTA (JP): A group of 32 lawyers calling themselves the Team for Human Rights Protection in Irian Jaya have expressed their readiness, despite continued intimidation, to defend 20 people facing trial for involvement in violent demonstrations in the country's easternmost province.
Tue, 15 Sep 1998, 00:00 WIB
Suggestions to DPR and the President
Suggestions to DPR and the President From Sinar Pagi Having observed the current situation and condition of the people in our country, I would like to contribute my ideas to the House of Representatives (DPR) and President B.J. Habibie, which I hope would bring about some improvements to the ailing economy. * Ban export of all basic commodities, so that the country will not experience scarcity of those goods and prices will stabilize.
Tue, 15 Sep 1998, 00:00 WIB
Hospitals struggle with waste management problems
Hospitals struggle with waste management problems By Iwan Nefawan JAKARTA (JP): The economic crisis has affected most people in this country. A lot of people are suffering due to the soaring prices of food and drugs. The turmoil has also hit health institutions, particularly hospitals and laboratories. At Cipto Mangunkusumo General Hospital (RSCM), many patients cannot afford the drugs and medical fees.
Tue, 15 Sep 1998, 00:00 WIB
Asian economic crisis tears at political stability
Asian economic crisis tears at political stability By Andrew Browne BEIJING (Reuters): North Korea lobs a suspected missile over Japan into the sea. Violence flares in Cambodia, where rival demonstrators battle with guns, chains and slingshots. In Malaysia, Prime Minister Mahathir Mohamad dumps his heir- apparent Anwar Ibrahim amid accusations of sexual misconduct. And Chinese businesses are torched in Indonesia, a potential ethnic and religious powder keg.
Tue, 15 Sep 1998, 00:00 WIB
Amien, Albert vow to probe Soeharto
Amien, Albert vow to probe Soeharto UJUNG PANDANG, South Sulawesi (JP): Politician Amien Rais pledged on Monday to set up an independent team to investigate former president Soeharto's allegedly ill-gotten wealth. The chairman of the newly established National Mandate Party (PAN) said, however, the team would need approval from President B.J. Habibie and Armed Forces (ABRI) leaders before it could act.
Tue, 15 Sep 1998, 00:00 WIB
Governor to ask residents to use money to help poor
Governor to ask residents to use money to help poor JAKARTA (JP): The city administration will soon launch a major fund-raising program to help poor residents severely affected by the monetary crisis, Governor Sutiyoso said on Monday. Sutiyoso told reporters that under the program he would ask Jakartans, especially wealthy businesspeople, to deposit some of their money in a bank chosen by would-be depositors and the city administration.
Tue, 15 Sep 1998, 00:00 WIB
House against proposal to give IBRA special power
House against proposal to give IBRA special power JAKARTA (JP): The government's proposal to include in the banking bill a clause which vests the Indonesian Bank Restructuring Agency with an unchallenged power is facing opposition from legislators.
Tue, 15 Sep 1998, 00:00 WIB
Group visits rights body over land row
Group visits rights body over land row JAKARTA (JP): At least 25 people claiming to be the heirs of Pangeran Arya Jipang, the former owner of the land where Hotel Ibis in Slipi, West Jakarta, is located, visited the National Commission on Human Rights on Monday to seek support for their land dispute.
Tue, 15 Sep 1998, 00:00 WIB
Looting spreads to various areas
Looting spreads to various areas JAKARTA (JP): At least three people died and dozens more have been wounded in clashes with the security forces during sporadic outbreaks of rioting and looting in areas of North Sumatra, South Sulawesi, Jambi and East Java over the past three days. In the North Sumatra capital of Medan, a mob of 100 people took advantage of the chaos caused by a public transport drivers strike to attack the city's luxurious Plaza Yuki Simpang Raya shopping center.
Tue, 15 Sep 1998, 00:00 WIB
Sutiyoso ready to face lawsuit
Sutiyoso ready to face lawsuit JAKARTA (JP): Governor Sutiyoso stressed on Monday his readiness to face a lawsuit filed late last week by 17 lawyers who called themselves members of the Association of Indonesian Reform Era Lawyers over a cooperative agreement on water management.
Tue, 15 Sep 1998, 00:00 WIB
Questioning of Dolog boss rescheduled
Questioning of Dolog boss rescheduled JAKARTA (JP): The head of the city's logistics agency (Dolog Jaya), Ahmad Zawawi, vomited during two and a half hours of police questioning on Monday morning over his alleged role in illegal rice transactions and rice exports. The head of the Jakarta Police's economic crimes unit, Lt. Col.
Tue, 15 Sep 1998, 00:00 WIB
Govt to submit political bills to House this week
Govt to submit political bills to House this week JAKARTA (JP): The government is to submit three draft political laws, including the bill on general elections, to the House of Representatives (DPR) this week -- one month later than its original schedule, a minister disclosed on Monday. Minister/State Secretary Akbar Tandjung denied the government had intentionally delayed the presentation of the bills for its own vested interests. He said the delay was merely caused by technical glitches.
Tue, 15 Sep 1998, 00:00 WIB
French Embassy joins book expo
French Embassy joins book expo JAKARTA (JP): The French Embassy is participating for a third consecutive year in the annual nine-day Indonesian Book Fair, held by the Indonesian Publishers Association (Ikapi) starting on Saturday at Istora Senayan sport hall in Central Jakarta.
Tue, 15 Sep 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 Sept. 14 to Sept. 20: U.S.
Tue, 15 Sep 1998, 00:00 WIB
Closure of brothels 'leads to new plight'
Closure of brothels 'leads to new plight' JAKARTA (JP): Closing established prostitution sites would hamper efforts to monitor the spread of sexually transmitted diseases and drive virtually all commercial sex transactions onto the streets, experts and activists said Monday.
Tue, 15 Sep 1998, 00:00 WIB
Minister admits govt cannot cope with unemployment
Minister admits govt cannot cope with unemployment JAKARTA (JP): The Ministry of Manpower has admitted it has little power to stem the increasing tide of unemployment because it has been forced to postpone many of its development projects. Minister of Manpower Fahmi Idris said on Monday that many of his ministry's planned development projects had been postponed due to the economic crisis.
Tue, 15 Sep 1998, 00:00 WIB
Asian crisis will force aviation mergers
Asian crisis will force aviation mergers SHANGHAI (AFP): The Asian economic crisis will depress regional aviation markets for a least two years and force most local companies into strategic alliances, Air France's regional director warned Monday. Inter-regional traffic will be the hardest hit in 1998 and 1999 falling six to eight percent this year compared with 1997, said Marie-Joseph Male.
Tue, 15 Sep 1998, 00:00 WIB
APEC fast-track package to be finished soon
APEC fast-track package to be finished soon KUALA LUMPUR (Agencies): APEC senior officials on Monday agreed to complete their fast-track liberalization program by November following tough negotiations and despite numerous initial reservations on the package, an official said. "Officials have agreed to complete the package by November. That is an important breakthrough," said Edsel Custodio, the Philippine chairman of APEC's trade and investment committee.
Tue, 15 Sep 1998, 00:00 WIB
Privatization grows amid battle for funds
Privatization grows amid battle for funds SINGAPORE (AFP): Asia's feverish pace of privatizing public enterprises has been undeterred by economic difficulties but the region will have to compete harder for investment capital, experts at a World Bank-sponsored conference said Monday.
Tue, 15 Sep 1998, 00:00 WIB
IMF sees short-term Asian capital controls
IMF sees short-term Asian capital controls SEOUL (Reuters): Short-term capital controls may be adopted to avert the kind of regional contagion that caused a serial swoon among Asia's economies last year, the IMF's Asia-Pacific Director Hubert Neiss said on Monday. Speaking to a media conference on the Asian financial crisis, Neiss said the deliberations about the extent of these controls were still going on, apparently with the IMF's blessing.
Tue, 15 Sep 1998, 00:00 WIB
Foreign warships sited off of RI waters last May
Foreign warships sited off of RI waters last May JAKARTA (JP): Foreign warships were spotted operating close to Indonesian territorial waters when massive unrest hit the country in the days prior to the resignation of former president Soeharto last May, according to Minister of Defense and Security/Armed Forces (ABRI) Commander Gen. Wiranto.
Tue, 15 Sep 1998, 00:00 WIB
Proposals to PSSI
Proposals to PSSI From Media Indonesia I was astonished to read in Media Indonesia of Sept. 9 about the appointment of Agum Gumelar as chairman of the All Indonesian Soccer Federation (PSSI). How could an active, highly ranked Armed Forces officer afford the time to bring order to the chaotic state of PSSI? The Armed Forces itself is currently having a hard to time to uphold credibility. First, I am taken aback that Minister of Defense and Security/ Armed Forces Commander Gen.
Tue, 15 Sep 1998, 00:00 WIB
Developer's negligence
Developer's negligence I would like to appeal to the top management of PT Muliasentosa Dinamika, as the developer of housing at Lippo Karawaci, and to Lippo Group for their negligence of the rights of customers like me. I am very disappointed by an act of the developer, who changed what was specified in their brochure. I can accept the explanation by the state manager in their letter of July 20. But the fact at the development site tells a different story.
Tue, 15 Sep 1998, 00:00 WIB
Capital needs funds for flood prevention
Capital needs funds for flood prevention JAKARTA (JP): Governor Sutiyoso has said that a shortage of funds is preventing the city administration from taking measures to guard against the possibility of major flooding which meteorologists have said could hit the city in the near future.
Tue, 15 Sep 1998, 00:00 WIB
Indonesia Open seeking more sponsors
Indonesia Open seeking more sponsors JAKARTA (JP): With barely one and a half months left until it kicks off, organizers of the Indonesia Open badminton championships are lacking US$100,000 to provide the tournament's prize money. Badminton Association of Indonesia secretary-general Leo Wiranata said on Monday the organizers had so far received $20,000 from Japan-based electronics equipment company Sanyo, the event's main sponsor. "They (Sanyo) committed only to provide that amount," Leo said.
Tue, 15 Sep 1998, 00:00 WIB
Marine lovers to gather in Bali to highlight Year of the Ocean
Marine lovers to gather in Bali to highlight Year of the Ocean JAKARTA (JP): Dozens of marine lovers are to gather at Tulamben Bay, about 2.5 hours drive from Bali's capital of Denpasar, from Sept. 22 to Sept. 28 in celebration of the Year of the Ocean. The event, called Sea Life Week, will include lectures and field sessions on marine life and underwater photography.
Tue, 15 Sep 1998, 00:00 WIB
Austrian deported for violating rules
Austrian deported for violating rules JAKARTA (JP): The Directorate General of Immigration has deported Franz Viktor Eichenauer, an executive of Mercantile Club Jakarta, for violating immigration regulations, an official said on Sunday. Zaiman Nurmatias, director of immigration supervision and control, said in a statement that the Austrian citizen left Jakarta for his home country from Soekarno-Hatta International Airport on board a Cathay Pacific flight on Saturday.
Tue, 15 Sep 1998, 00:00 WIB
The 'Journal' 1st regional paper to print here
The 'Journal' 1st regional paper to print here JAKARTA (JP): The Asian Wall Street Journal (AWSJ) rolled its presses in Jakarta for the first time on Monday, thereby becoming the first regional newspaper to print in the city. The AWSJ, printed by PT Gramedia, will now reach its readers in Jakarta and the surrounding areas in the morning like any other local newspaper, publisher and executive editor Urban Lehner said yesterday.
Tue, 15 Sep 1998, 00:00 WIB
Foreign investors in Indonesian banks
Foreign investors in Indonesian banks The latest government plan is to allow foreign investors to control more than 51 percent of shares -- possibly even up to as much as 99 percent -- in Indonesian banks. The reasoning behind the plan is that this country very much needs foreign participation in order to revive its banking sector as well as its economy as a whole.
Tue, 15 Sep 1998, 00:00 WIB
Legislators question education officials
Legislators question education officials JAKARTA (JP): Legislators questioned Ministry of Education and Culture officials on Monday over concerns that education was being exploited for business opportunities. During the hearing, legislators raised the issue of school book prices and the fact that universities were increasingly opening up extension programs to rake in more revenues.
Tue, 15 Sep 1998, 00:00 WIB
Ex-partner files complaint against Sudwikatmono
Ex-partner files complaint against Sudwikatmono JAKARTA (JP): Bambang Sutrisno, the former deputy chief commissioner of the now defunct Bank Surya, lodged a complaint on Monday against his former business partner, Sudwikatmono, for defamation, slander and contempt. Bambang's lawyer, Sudjono, submitted the complaint to National Police chief detective Maj. Gen. Da'i Bachtiar.
Tue, 15 Sep 1998, 00:00 WIB
No one wants village head job
No one wants village head job PURWOKERTO, Central Java: Eighty villages in Banyumas regency may face a power vacuum because no candidates have registered to run for the usually much-coveted job of village head. Solikhin, a resident of Cilongok village, said no one was interested in the job because village heads throughout the province who were considered corrupt or inept had been recently pressured to step down. "Usually the competition for the job is tough," he said.
Tue, 15 Sep 1998, 00:00 WIB
Tapos ranch gives land to residents
Tapos ranch gives land to residents BOGOR (JP): PT Rejo Sari Bumi, the company which manages former president Soeharto's Tri-S Tapos ranch in the hills around Ciawi south of here, has agreed to hand over part of its land to people residing in nearby villages.
Tue, 15 Sep 1998, 00:00 WIB
Stop condemning ABRI: Wiranto
Stop condemning ABRI: Wiranto JAKARTA (JP): Minister of Defense and Security/Armed Forces (ABRI) Commander Gen. Wiranto on Monday again pleaded for an end to the barrage of public condemnation against alleged military abuses of human rights in the past. While admitting that rights violations had indeed occurred over the decades, Wiranto argued they had been committed by "several ABRI individuals" rather than by ABRI as an organization.
Tue, 15 Sep 1998, 00:00 WIB
Former sports figure Soeprayogi dies at 84
Former sports figure Soeprayogi dies at 84 JAKARTA (JP): A former executive chairman of the National Sports Council (KONI), Dadang Soeprayogi, died aged 84 on Sunday after suffering a heart attack. His body was buried at the Kalibata Heroes Cemetery in a military funeral later in the day. He was a retired lieutenant general. One of his colleagues, Mangombar Ferdinand Siregar, said Soeprayogi was a good role model, citing his long service in various sports organizations in the 1970s and 1980s.
Tue, 15 Sep 1998, 00:00 WIB
Maritime mission leaves dock
Maritime mission leaves dock UJUNGPANDANG, South Sulawesi: A goodwill mission involving 165 teenagers on two training vessels, the KRI Dewaruci and the KRI Arung Samudra, left on Sunday for a 40-day voyage through Indonesian territorial waters. The mission, part of the celebrations commemorating International Maritime Year '98, will visit Surabaya, Ujungpandang, Palu and Bitung, Antara reported Monday. They were seen off by the vice commander of Ujungpandang Naval Base, Capt. Sutyasmo.
Tue, 15 Sep 1998, 00:00 WIB
Conversion Rates
Conversion Rates JAKARTA (JP): Beginning today, The Jakarta Post will publish Bank Bali's bank notes conversion rates instead of Bank Ekspor Impor Indonesia's (Bank Exim). Bank Bali's bank notes conversion rates on Sept.14, 1998: Buying Selling Rp Rp U.S.
Tue, 15 Sep 1998, 00:00 WIB
City police told to investigate fires
City police told to investigate fires JAKARTA (JP): Governor Sutiyoso has asked the city police to help investigate the possibility of arson in a series of fires in Central, East, South and North Jakarta over the past two months. He told reporters on Monday that he did not rule out the possibility of arson, but he called on the people to patiently wait for the results of the investigation. "I have asked the police to investigate the incidents.
Tue, 15 Sep 1998, 00:00 WIB
At least 200 companies to participate in rice bid
At least 200 companies to participate in rice bid JAKARTA (JP): A final decision on the awarding of government contracts to import a total of 600,000 tons of rice will be made today, with at least 20 companies still in the running, the acting chairman of the State Logistics Agency (Bulog), Rahardi Ramelan, said on Monday. Rahardi said companies going forward into the final stage of the selection process were to be chosen on Monday from over 100 companies which tendered for the contracts.
Tue, 15 Sep 1998, 00:00 WIB
Newbridge Asia takes over AMT
Newbridge Asia takes over AMT JAKARTA (JP): Private equity company Newbridge Asia announced on Monday that it had signed an agreement to acquire 100 percent of the shares of PT Astra Microtronics Technology (AMT), a subsidiary of publicly listed PT Astra International and PT Astra Graphia, for US$90 million.
Tue, 15 Sep 1998, 00:00 WIB
TV today
TV today TVRI 2:00 p.m. News: Berita 14 2:35 Children's Film: The Big Valley 3:05 Children's Song 3:30 Village Program 4:00 Regional News 4:30 Music: Lagu Pop Daerah 5:00 English Lessons 5:30 Documentary: Ngelaju 6:00 News: Lintasan Berita 6:05 Documentary: Rona Nusantara 6:15 Sports: Monitor Olah Raga 6:30 TVRI News (in English) 7:00 Evening News 7:35 Music: Song and Profile 8:00 News: Lintasan Berita 8:05 Music: Song and Profile (contd.) 8:30 Talk Show: Dialog 9:00 World News 9:35 Music:...
Tue, 15 Sep 1998, 00:00 WIB
Why is eviction often problematic?
Why is eviction often problematic? By Hayati Sari Hasibuan This is the second of two articles on the issue of land clearance. JAKARTA (JP): In Jakarta, 80 percent of the conflicts that emerge are related to compensation. The evictees complain of receiving less compensation than they felt due. They also claim they were coerced into surrendering their property for an unreasonably small compensation, or with no compensation at all.
Tue, 15 Sep 1998, 00:00 WIB
Donation sees KONI meet Asian budget
Donation sees KONI meet Asian budget JAKARTA (JP): A business association has pledged Rp 2 billion (US$175,000) out of Rp 5 billion the cash-strapped National Sports Council will need to fly the Indonesian contingent to the 13th Asian Games in Bangkok in December, council secretary- general Rudolf S. Warouw said on Monday. Warouw said the organization, whom he said had requested anonymity, would meet council chairman Wismoyo Arismunandar later this week to finalize the donation's details.
Tue, 15 Sep 1998, 00:00 WIB
Forestry ministry to offer public 149 forest concessions
Forestry ministry to offer public 149 forest concessions JAKARTA (JP): Minister of Forestry and Plantations Muslimin Nasution said on Monday that his office would this year award 149 forest concessions through an auction system which will be open to the general public. Muslimin said the concessions on offer were those which formerly belonged to companies which had their licenses revoked for breaching logging regulations and failing to manage their concessions in a sustainable manner.