Archive: 12 June 1998
64 articles found
Fri, 12 Jun 1998
IMF focuses on budget, monetary policy review
IMF focuses on budget, monetary policy review JAKARTA (JP): The International Monetary Fund (IMF) technical team here to review Indonesia's macroeconomic development is focusing on the country's budget and monetary policy, IMF Asia Pacific director Hubert Neiss said yesterday.
Fri, 12 Jun 1998
Police aiding investigation
Police aiding investigation JAKARTA (JP): The police are being cooperative in the Trisakti shooting investigation and will submit all evidence needed in resolving the case upon formal request, National Police spokesman Brig. Gen. Da'i Bachtiar said yesterday.
Fri, 12 Jun 1998
ABRI 'must reveal truth behind riots'
ABRI 'must reveal truth behind riots' JAKARTA (JP): President B.J. Habibie told top brass in the Armed Forces (ABRI) to dig out the truth over allegations that "an organized group" was behind recent riots.
Fri, 12 Jun 1998
Workers urge U.S. to lobby IMF on loans
Workers urge U.S. to lobby IMF on loans JAKARTA (JP): More than 500 workers grouped in the transportation sector trade union (SPTI) staged a demonstration in front of the United States Embassy here yesterday, urging the U.S.
Fri, 12 Jun 1998
Will new parties bring democracy?
Will new parties bring democracy?By Yulius P. Hermawan BANDUNG (JP): While the new law on political parties has not been formulated yet, enthusiasm for establishing new parties has led to the creation of new political alignments in Indonesia.
Fri, 12 Jun 1998
The Philippines and Indonesia enjoy close ties
The Philippines and Indonesia enjoy close ties Friends in need are friends indeed: the Philippines and Indonesia are no doubt learning the truth of this statement during the economic crisis. Philippine Ambassador to Indonesia Eusebio A.
Fri, 12 Jun 1998
ASEAN free trade plan on schedule despite turmoil
ASEAN free trade plan on schedule despite turmoil HONG KONG (Dow Jones): A top official of the Association of Southeast Asian Nations said yesterday that the Asian economic crisis won't derail its plan to set up a regional free trade zone by the year 2003.
Fri, 12 Jun 1998
Malaysian opposition to defy ban on meetings
Malaysian opposition to defy ban on meetings KUALA LUMPUR (Reuters): Malaysia's main opposition party vowed yesterday to press ahead with public meetings despite an apparent crackdown by police which led to the arrest of four members.
Fri, 12 Jun 1998
New party open to all: Founder
New party open to all: Founder JAKARTA (JP): The newly formed Chinese-Indonesian Reform Party (Parti) denied accusations yesterday that it was ethnically exclusive and that the use of Tionghoa (Chinese) in its name did not reflect any disloyalty against the country.
Fri, 12 Jun 1998
Thai meeting on INRO membership up in air
Thai meeting on INRO membership up in air BANGKOK (Reuters): A government panel's meeting to review Thailand's membership in the International Natural Rubber Organization (INRO) ended without a conclusion yesterday.
Fri, 12 Jun 1998
ABRI presents its reform views
ABRI presents its reform views JAKARTA (JP): The Armed Forces (ABRI) presented its views on reform yesterday, warning that overzealous statements or protests threatening political and social stability in the reform process would not be tolerated.
Fri, 12 Jun 1998
Firm apologizes over land deal
Firm apologizes over land deal JAKARTA (JP): An executive of PT Catur Swasakti Utama, a subsidiary of the widely diversified Bakrie group, admitted yesterday that his firm had failed to meet requirements in a land exchange deal with the city.Company director Max B.
Fri, 12 Jun 1998
JSX chief says suspension looms for 28 listed firms
JSX chief says suspension looms for 28 listed firms JAKARTA (JP): President of the Jakarta Stock Exchange (JSX) Cyrill D. Noerhadi said yesterday that the 28 public companies which had yet to submit their annual financial reports for 1997 would face suspension if they did not do so by the end of...
Fri, 12 Jun 1998
Winterthur Life Indonesia 'Your security is our concern'
Winterthur Life Indonesia 'Your security is our concern' Winterthur Life Indonesia is a joint-venture partnership between Winterthur Swiss Insurance, part of the Credit Suisse Financial Services group, and Asuransi Wahana Tata, part of the Gemala group of companies.
Fri, 12 Jun 1998
3,000 students stage demonstration at House
3,000 students stage demonstration at House JAKARTA (JP): More than 3,000 students in the Greater Jakarta Students Forum (Forum Kota) held a peaceful demonstration outside the House of Representatives compound yesterday, demanding the establishment of an Indonesian People's Committee to run a...
Fri, 12 Jun 1998
City promises to end bias against Chinese-Indonesians
City promises to end bias against Chinese-Indonesians JAKARTA (JP): The city administration wants to put an end to allegedly discriminatory practices in the processing of identification cards for Chinese-Indonesians, an official said Wednesday.
Fri, 12 Jun 1998
Ispat still in running for Krakatau steel bid
Ispat still in running for Krakatau steel bid JAKARTA (JP): Netherlands-based Ispat International has priority on a tender for privatization of state-owned steelmaker PT Krakatau Steel if it can match the most competitive bid, an official said yesterday.
Fri, 12 Jun 1998
Rice stock enough for 12 months, Bulog says
Rice stock enough for 12 months, Bulog says JAKARTA (JP): The State Logistics Agency (Bulog) has dismissed rumors that the country would soon face a rice shortage, saying that current stocks were sufficient for one year and imports would continue to flow in.
Fri, 12 Jun 1998
Crisis kills joint military exercises
Crisis kills joint military exercises KUALA LUMPUR (AP): The economic crisis that has crippled many Southeast Asian nations has forced the cancellation of joint military exercises between Malaysia and Thailand, a daily said yesterday.
Fri, 12 Jun 1998
Bogor military district's new chief
Bogor military district's new chief BOGOR (JP): Lt. Col. Suratmo was installed yesterday as the new commander of the Bogor military district, replacing Lt. Col. Mustofa Hadi Pranoto, who has been appointed chief of staff of the Bogor Military Resort.
Fri, 12 Jun 1998
Contractors rail against collusion
Contractors rail against collusion JAKARTA (JP): About 80 representatives of contractors grouped in the Jakarta chapter of the Indonesian Builders Association staged a peaceful demonstration at City Hall yesterday to protest alleged collusion between the governor's office and the association's...
Fri, 12 Jun 1998
Regent denies killing journo
Regent denies killing journo YOGYAKARTA: Sri Roso Sudarmo, who was temporarily removed as Bantul regent Wednesday, vehemently denied yesterday that he was involved in the highly publicized 1996 murder of Bernas daily's journalist Fuad Muhammad Syafruddin, alias Udin.
Fri, 12 Jun 1998
Workers' freedom
Workers' freedom Authorities in this country showed a stubborn reluctance to recognize workers' rights right up until President B.J. Habibie signed up to the International Labor Organization (ILO) convention on June 5. The convention guarantees workers the freedom to organize.
Fri, 12 Jun 1998
Open letter to ethnic Chinese
Open letter to ethnic ChineseFrom Pikiran RakyatAs a Moslem I wish to apologize sincerely to my brothers and sisters of Chinese ancestry who were the victims of brutality and terror from my brothers who are said to call themselves Moslems.
Fri, 12 Jun 1998
Team to tackle PLN problems
Team to tackle PLN problems JAKARTA (JP): The government has formed a team to give recommendations on ways resolve problems faced by state-owned electricity firm PLN, including those with independent power producers (IPPs).
Fri, 12 Jun 1998
Floods wash out rice crops
Floods wash out rice crops TANGERANG (JP): The rice supply in Tangerang Regency will be severely affected by failure of harvests on 600 hectares of paddy fields, destroyed by severe flooding last week.Head of the regency's agriculture office Yodhi Rosidi said yesterday the crops, which were ready...
Fri, 12 Jun 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 11, 1998: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 425 -25 22,500 AHAP Insurance 575 0 0 Alter Abadi 500 0 132,500 Alumindo Light Metal 375 75 186,000...
Fri, 12 Jun 1998
Forest reserve under threat
Forest reserve under threat JAYAPURA, Irian Jaya: An official warned here yesterday that gold panning, logging and massive sand quarrying were endangering the one-million hectare Mt. Cycloop's forest reserve.
Fri, 12 Jun 1998
Chinese-RI are victims
Chinese-RI are victims In this day and age, it saddens to read a letter such as that written by Sumarsono Sastrowardoyo The Jakarta Post, May 30, 1998, in which he criticized the Chinese-Indonesian who fled the country during the recent riots.
Fri, 12 Jun 1998
Radio stations rush to cast off 'RRI' millstone
Radio stations rush to cast off 'RRI' millstoneBy Yogita Tahil Ramani JAKARTA (JP): Like other Indonesian radio buffs, Dita used to have the same listening problem."I was listening to a song when suddenly, without warning, came that darned news broadcast," the 23-year-old journalist said.
Fri, 12 Jun 1998
The nation should embrace universal humanity
The nation should embrace universal humanityBy Frans Winarta JAKARTA (JP): The May 12 fatal shooting of four Trisakti University students, allegedly carried out by the security forces, marks a black day in the history of modern Indonesia.
Fri, 12 Jun 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting Exhibition: Fenomena Ayam, by Syarief Hidayat, 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.
Fri, 12 Jun 1998
History in the making: June 12, 100 years ago
History in the making: June 12, 100 years ago With most of the Philippines already under Filipino control in 1893 (except for the city of Manila), Gen. Emilio Aguinaldo felt that it was imperative to establish a Philippine government to formally institute Filipino sovereignty.
Fri, 12 Jun 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film 3:05 Music Lessons: Musik Angklung 3:30 Village Program 4:00 Regional News 4:30 Performance: Cakrawala Budaya 5:00 Music: Paket 27 5:30 Education Quiz: Cerdas Cermat 6:00 News: Lintasan Berita 6:05 My Country: Rona Nusantara...
Fri, 12 Jun 1998
Sick yen piles on torment for Asia
Sick yen piles on torment for Asia SINGAPORE (Reuters): Asia's markets took another dive yesterday, as nerves over the weak yen and its impact on regional economies swept trading floors for the second straight day.
Fri, 12 Jun 1998
Residents protest waste pollution
Residents protest waste pollution MEDAN, North Sumatra: Over 200 residents of Bedagai village, Tanjung Beringin subdistrict in Deli Serdang regency staged a protest in front of the provincial legislature here yesterday against a tapioca factory which they said was dumping industrial waste into the...
Fri, 12 Jun 1998
Southeast Asian currencies perk up
Southeast Asian currencies perk up SINGAPORE (Dow Jones): Southeast Asian currencies recovered from morning lows in afternoon trading yesterday as the Japanese yen touched, but failed to break through, the key psychological level of 142 to the U.S. dollar.
Fri, 12 Jun 1998
Annan welcomes release of East Timor prisoners
Annan welcomes release of East Timor prisoners UNITED NATIONS (Agencies): United Nations Secretary-General Kofi Annan welcomed news Wednesday that President B.J. Habibie had signed a decree for the release of 15 East Timorese political prisoners and said he hoped this would lead to the freeing of...
Fri, 12 Jun 1998
PAL flight attendants threaten to join strike
PAL flight attendants threaten to join strike MANILA (AP): Flight attendants and ground crew of troubled Philippine Airlines threatened yesterday to join a strike by about 600 pilots if the company institutes layoffs in a move to cut costs.
Fri, 12 Jun 1998
Eritrea attacks on new front: Ethiopian claim
Eritrea attacks on new front: Ethiopian claim ADDIS ABABA (Reuters): Ethiopia said yesterday that Eritrea had launched a new attack at the eastern end of their border, close to the Red Sea port of Assab.
Fri, 12 Jun 1998
Celebrating Philippine independence
Celebrating Philippine independence June 12, 1998, marks the centenary of the declaration of Philippine independence from Spain, perhaps the most awaited event in Philippine historiography since the end of American colonial rule in 1946.
Fri, 12 Jun 1998
Over 100 housing costumers protest BII's interest rates
Over 100 housing costumers protest BII's interest rates JAKARTA (JP): More than 100 customers of Bank Internasional Indonesia (BII) protested yesterday an increase in their home loan interest rate, while separately more than 200 people insisted a developer return their down payments.
Fri, 12 Jun 1998
Pertamina to open tender
Pertamina to open tender SINGAPORE (Reuters): Indonesian state oil company Pertamina will issue a tender for its July crude and products imports, a company official said yesterday.But he was uncertain when the tender would be issued and what volumes Pertamina was looking to buy.
Fri, 12 Jun 1998
Government to probe use of refoirestation funds
Government to probe use of refoirestation funds JAKARTA (JP): Minister of Forestry and Plantations Muslimin Nasution said yesterday the use of the reforestation funds to finance businesses owned by former president Soeharto's family and cronies was being investigated.
Fri, 12 Jun 1998
Rupiah touches 15,000 against dollar
Rupiah touches 15,000 against dollar JAKARTA (JP): The rupiah sank again yesterday, breaking the 15,000 level against the U.S. dollar in moderate trading before rebounding slightly in the afternoon to end the trading day at 13,750.
Fri, 12 Jun 1998
RI firm hold chunk of Peregrine assets
RI firm hold chunk of Peregrine assets HONG KONG (Reuters): Most of the assets of Peregrine Fixed Income Ltd are in the hands of parties whose credit worthiness is suspect, Price Waterhouse partners and liquidators of the Peregrine Investments Holdings Ltd unit said.
Fri, 12 Jun 1998
Local cement demands drops 30%
Local cement demands drops 30% JAKARTA (JP): Domestic demand for cement has sunk by 30 percent since the beginning of this year due to the deepening economic crisis, state-run PT Semen Gresik president Urip Timuryono said yesterday.
Fri, 12 Jun 1998
Our foreign private loans problem
Our foreign private loans problem Neither Ginandjar Kartasasmita nor Radius Prawiro -- the two economists appointed, first by the previous regime's Seventh Development Cabinet and then by the present Reform Development Cabinet, to tackle Indonesia's private offshore debt problem -- could hide the...
Fri, 12 Jun 1998
AMT escapes RI crisis
AMT escapes RI crisis SINGAPORE (Reuters): Electronics contract manufacturer PT Astra Microtronics Technology (AMT) has escaped Indonesia's economic crisis and expects sales to rise more than 10 percent this year, a senior official said yesterday.
Fri, 12 Jun 1998
Police shoot alleged drug dealer in Depok
Police shoot alleged drug dealer in Depok JAKARTA (JP): Police shot an alleged drug dealer, who was a former member of the City Police Mobile Brigade squad, for resisting arrest in Depok yesterday.The suspect, identified as Teguh, 27, was shot in the left leg.
Fri, 12 Jun 1998
RI seeks rice as stocks fall
RI seeks rice as stocks fall BANGKOK (Reuters): New demand from Indonesia has boosted trade in the Southeast Asian grains and oilseed market this week, traders said yesterday.But enthusiasm has been sporadically dampened by concerns about currency volatility as the battered yen dragged other...
Fri, 12 Jun 1998
Morocco plays favored Norway to stunning draw
Morocco plays favored Norway to stunning draw MONTPELLIER (Agencies): Morocco showed it will be a force to be reckoned with in France by holding favored Norway to a 2-2 draw in their first Group A match here Wednesday.
Fri, 12 Jun 1998
Riot victims find it hard to pick up the pieces
Riot victims find it hard to pick up the pieces JAKARTA (JP): Rikwan, 57, spends all his days at home in a housing complex in Jelambar, West Jakarta.He rarely plays with his seven new birds, including a bulbul and a starling, a gift from his lovely wife, who thought the gesture may appease the man,...
Fri, 12 Jun 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on June 11, 1998: Buying Selling Rp Rp U.S dollar 1 13,000.00 14,000.00Austrian shilling 1 994.20 1,137.80Australian dollar 1 7,701.20 8,239.70Belgian franc 1 351.40 374.00Canadian dollar 1 8,906.
Fri, 12 Jun 1998
Astra CMG Life 'Making a difference in life'
Astra CMG Life 'Making a difference in life' Astra CMG Life, a joint-venture partnership between the Astra Group (Indonesia) and the Colonial Group (Australia), currently has 12 sales offices in eight major Indonesian cities: five locations in Jakarta, and one in Bandung, Surabaya, Malang,...
Fri, 12 Jun 1998
Soeharto hires lawyers
Soeharto hires lawyers JAKARTA (JP): Attorney General Soedjono C. Atmonegoro revealed here yesterday that former president Soeharto has appointed a number of lawyers to represent him."Yes that's true," Soedjono replied hastily when asked by journalists.
Fri, 12 Jun 1998
Studying in the Philippines cost-effective for RI students
Studying in the Philippines cost-effective for RI students The economic crisis in the region has forced parents to consider thinking of more cost-effective options other than sending their children to expensive schools in Europe, Australia or the United States.
Fri, 12 Jun 1998
Ethnic Chinese do try
Ethnic Chinese do tryFrom Bisnis IndonesiaI would like to comment on Lutfi Heyder's letter in Bisnis Indonesia of May 8.1. You suggested that the ethnic Chinese should intermingle with the community. They have done so.
Fri, 12 Jun 1998
Moerdiono questioned over land swindle
Moerdiono questioned over land swindle JAKARTA (JP): Former minister/state secretary Moerdiono was grilled by the Attorney General's Office yesterday over a 1994 scam in which state land was used as collateral on an Rp 90 billion loan for the construction of condominiums in Kemayaron, Central...
Fri, 12 Jun 1998
Six new oil mining contracts awarded
Six new oil mining contracts awarded JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto awarded six new oil and gas production sharing contracts yesterday and reassured foreign investors that their agreements would be honored.
Fri, 12 Jun 1998
Winterthur Life Indonesia Signs Joint Marketing Agreement with Astra CMG Life
Winterthur Life Indonesia Signs Joint Marketing Agreement with Astra CMG Life Two life insurance joint-venture companies PT Asuransi Winterthur Life Indonesia (WLI) and PT Astra CMG Life (ACMGL) signed recently a unique marketing cooperation agreement.
Fri, 12 Jun 1998
Armed Forces needs to reduce its political role: Observers
Armed Forces needs to reduce its political role: Observers YOGYAKARTA (JP): The Armed Forces (ABRI) needs to reduce its political role to accelerate the country's fledgling democratic reform, a military observer said.
Fri, 12 Jun 1998
Philippine merchandise exports and imports with Indonesia (US$)
Philippine merchandise exports and imports with Indonesia (US$) 1995 1996 1997 ---------------------------------------------------------------- Export to Indonesia 129,125,611 142,452,704 170,427,178 Import from Indonesia 654,310,590 575,440,256 475,241,176Source: Department of Trade and Industry,...
Fri, 12 Jun 1998
AG office must be 'free from interference'
AG office must be 'free from interference' JAKARTA (JP): Attorney General Soedjono C. Atmonegoro said yesterday he had proposed that his office detach itself from the government and become a separate and independent institution.