:: jawawa.id :: Indonesian Business and Finance News

Find Article by Date

Find news items by date

Select Year:

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2015 2016 2017

Select Month:

1 2 3 4 5 6 7 8 9 10 11 12

Select Day:

1 2 3 4 5 6 7 8 9 10 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31

Searching for all articles published on 1998-05-20 ...

40 articles.

Wed, 20 May 1998

JP/Foreign embassies continue to urge their citizens to leave

Foreign embassies continue to urge their citizens to leave JAKARTA (JP): Several foreign embassies here urged their citizens yesterday evening to immediately leave the country in anticipation of today's large-scale demonstrations to commemorate National Awakening Day.

Wed, 20 May 1998

JP/Human rights defense committee

Human rights defense committee BOGOR (JP): A group of nine activists declared yesterday the establishment of the Human Rights Defense Committee (Kopham) aimed at helping people who have been victimized during the current political violence, either by security officers or rioters.

Wed, 20 May 1998

JP/Some expatriates choose to remain in Jakarta

Some expatriates choose to remain in Jakarta JAKARTA (JP): While thousands of foreigners join the race to the airport due to the country's uncertain political situation and last week's riots, there are some expatriates who have decided to sit tight.

Wed, 20 May 1998

JP/New bylaw on advertisement tax deliberated

New bylaw on advertisement tax deliberated JAKARTA (JP): City Council is currently deliberating a new municipality bylaw on the taxation of advertisements to replace existing Bylaw No. 10 approved in 1989, councilor Lukman F. Mokoginta said yesterday.

Wed, 20 May 1998

JP/Soeharto's offer is the maximum: Analyst

Soeharto's offer is the maximum: Analyst JAKARTA (JP): President Soeharto's offer to hold a general election and not run for the presidency in the ensuing General Session of the People's Consultative Assembly (MPR) is the most he could offer to the nation, constitutional law expert Yusril Ihza ...

Wed, 20 May 1998

JP/Religious tolerance in RI

Religious tolerance in RIBy June Santosa This is the first of two articles on religious tolerance in Indonesia. JAKARTA (JP): When the news broke that Amien Rais had received an invitation to appear before U.S.

Wed, 20 May 1998

JP/Market upbeat following Soeharto's speech

Market upbeat following Soeharto's speech JAKARTA (JP): The country's financial market responded positively to President Soeharto's offer yesterday to step down after fresh elections, but analysts warned of more uncertainty.The rupiah bounced back sharply to 12,000 against the U.S.

Wed, 20 May 1998

JP/Government cuts fares for public transportation

Government cuts fares for public transportation JAKARTA (JP): The government has reduced land, sea and air transportation fares from today, following last week's reduction in fuel prices.

Wed, 20 May 1998

JP/BI rules out another rise in interest rates

BI rules out another rise in interest rates JAKARTA (JP): Indonesia's monetary authority ruled out yesterday the possibility of a further increase in interest rates to help the ailing rupiah.

Wed, 20 May 1998

JP/Soeharto sets his on terms

Soeharto sets his on terms JAKARTA (JP): President Soeharto succumbed yesterday to strong public pressures for him to resign, but he set his own terms on how and when he will step down.It will not be now or anytime soon. And he will not resign per se but will make way for a successor.

Wed, 20 May 1998

JP/Reform stickers sell well

Reform stickers sell well SEMARANG, Central Java: One of the hottest selling items in the city here are stickers expressing support for the reform movement.Small traders in the provincial capital have taken advantage of the reform hysteria by printing stickers carrying various reform slogans.

Wed, 20 May 1998

JP/Riot aftermath hits courtrooms

Riot aftermath hits courtrooms JAKARTA (JP): Last week's massive rioting has brought justice to a halt in courtrooms, with just a few justice seekers appearing in court as scheduled and many suspects' detentions being extended, court officials said yesterday.

Wed, 20 May 1998

JP/30,000 students demonstrate at House building

30,000 students demonstrate at House building JAKARTA (JP): The vast compound and complex of the domed House of Representatives was speckled with the bright colors of the university jackets worn by students yesterday.

Wed, 20 May 1998

JP/No ban on TV news coverage: Govt

No ban on TV news coverage: Govt JAKARTA (JP): Minister of Information Alwi Dahlan denied issuing an order banning television stations from airing news reports of the recent riots and growing reform movement yesterday.

Wed, 20 May 1998

JP/Planned massive rally may affect public life

Planned massive rally may affect public life JAKARTA (JP): Fearing possible unrest due to a massive antigovernment rally scheduled for this morning, most activities in the capital will be temporarily closed today.

Wed, 20 May 1998

JP/30,000 students take over the House

30,000 students take over the House JAKARTA (JP): Around 30,000 students demonstrating for reform stormed the House of Representatives/People's Consultative Assembly building in Senayan yesterday in their biggest show of force yet.

Wed, 20 May 1998

JP/Provincial council rejects Soewardi

Provincial council rejects Soewardi SEMARANG, Central Java: Central Java provincial council factions has called on outgoing Governor Soewardi not to participate in the next gubernatorial election."We hope Governor Soewardi will wholeheartedly waiver renomination for the 1998/2003 period," Col.

Wed, 20 May 1998

JP/BI's net domestic assets valued at minus Rp 30.81t

BI's net domestic assets valued at minus Rp 30.81t JAKARTA (JP): Bank Indonesia's net domestic assets (NDA) were valued at minus Rp 30.81 trillion (US$2.8 billion) as of May 15, indicating a monetary expansion of Rp 9.54 trillion against the previous week's level.

Wed, 20 May 1998

JP/Scavengers find windfall in the ruins of Glodok

Scavengers find windfall in the ruins of Glodok JAKARTA (JP): Hundreds of scavengers scoured the burned shell of the Glodok electronics market in downtown Jakarta yesterday, collecting what was left of the buildings set ablaze by rioters on Thursday.

Wed, 20 May 1998

JP/Amien vows to go on with demos despite Soeharto's promise

Amien vows to go on with demos despite Soeharto's promise JAKARTA (JP): President Soeharto's promise to see through reform is not good enough and plans to hold massive demonstrations to convince him to step down will go ahead, Moslem scholar Amien Rais said.

Wed, 20 May 1998

JP/The U.S. and the Middle East peace process

The U.S. and the Middle East peace process Clinton, up to now one of the Israel-friendliest U.S. presidents in a long time, doesn't want Netanyahu to ruin the peace process because in addition to the strategic partnership with Israel, there are also American interests in the Middle East -- oil, ...

Wed, 20 May 1998

JP/Political turmoil 'could spell economic chaos'

Political turmoil 'could spell economic chaos' JAKARTA (JP): Continuing political turmoil will only serve to devastate the country's beleaguered economy and postpone the recovery processes indefinitely, economists said yesterday.

Wed, 20 May 1998

JP/New leader needed

New leader needed Last Thursday's events showed what happens when policies of greed, extortion, vengeance and disrespect for property, which have been common among the elite in Indonesia, are emulated by a mob of ordinary people unrestrained by feeling of individual responsibility or fear of ...

Wed, 20 May 1998

JP/Officers questioned for Trisakti shootings

Officers questioned for Trisakti shootings JAKARTA (JP): At least four senior security officers have been questioned over their alleged roles in the fatal shooting of four students from Trisakti University last week, an official said yesterday.

Wed, 20 May 1998

JP/TV programs

TV programsTodayTVRI 6:00 a.m. News: Berita Pagi TVRI 6:30 Interval 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film: White Lies 3:05 Family's Film: Road to Avonlea 4:00 Regional News 4:30 Teen Program: Remaja Indonesia 5:00 Teen Drama: Tak Terbias Kasih 5:30 Education ...

Wed, 20 May 1998

JP/Governor tells looters to relinquish plunder

Governor tells looters to relinquish plunder JAKARTA (JP): Governor Sutiyoso has called on residents to relinquish goods plundered during last week's riots, which saw widespread looting and wanton destruction of private and public property."Looting is haram (forbidden in Islamic law).

Wed, 20 May 1998

JP/House formally asks Soeharto to resign

House formally asks Soeharto to resign JAKARTA (JP): The House of Representatives formally asked President Soeharto yesterday to immediately step down for the sake of the nation's unity and integrity.

Wed, 20 May 1998

JP/Jumping on the reform bandwagon

Jumping on the reform bandwagon The current reform drive appears to have been given considerable added momentum yesterday (Monday) by the House of Representatives.

Wed, 20 May 1998

JP/Caught in the cross fire -- people reflect on the riots

Caught in the cross fire -- people reflect on the riots JAKARTA (JP): To Indonesians nationwide, the May 14 incident will be remembered as a day of burning, rampant looting and the unnecessary loss of hundreds of lives.The day Jakarta was burned to the ground.

Wed, 20 May 1998

JP/Waves sweep away 130 houses

Waves sweep away 130 houses BANDA ACEH, Aceh: At least 130 houses were swept away by huge waves that hit two villages in Johan Pahlawan district, West Aceh.The coastal area faces the Indian Ocean.

Wed, 20 May 1998

JP/Conversion Rates

Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on May 19, 1998: Buying Selling Rp Rp U.S. dollar 1 10,000.00 13,000.

Wed, 20 May 1998

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 19, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo ...

Wed, 20 May 1998

JP/Yogyakarta's Sultan to lead massive reform rally

Yogyakarta's Sultan to lead massive reform rally YOGYAKARTA (JP): Sri Sultan Hamengkubuwono X will lead a crowd expected to reach up to 200,000 in a rally here today to commemorate National Awakening Day.

Wed, 20 May 1998

JP/Antique imitations offer affordability

Antique imitations offer affordabilityBy Muhamad Achadi SURAKARTA, Central Java (JP): If you wish to feature only the romanticism of the past in your daily life, you need not take the trouble to collect antiques. Why? Because it is now possible to produce exact imitations of antique pieces.

Wed, 20 May 1998

JP/CNG price reduced

CNG price reduced JAKARTA (JP): State oil and gas company Pertamina has reduced the retail price of compressed natural gas (CNG) by 18 percent to Rp 450 (4.5 U.S. cents) per liter.Soegianto, in a decree issued yesterday, said Pertamina would have a profit margin of Rp 6.

Wed, 20 May 1998

JP/Hotel occupancy rates drop sharply

Hotel occupancy rates drop sharply SEMARANG, Central Java: Hotels here have experienced a sharp drop in foreign patrons in recent days following a spate of riots that have rocked parts of the country, hoteliers said.

Wed, 20 May 1998

JP/Bank Bali clarifies

Bank Bali clarifies With reference to the article Riots, looting rock Jakarta on your front page on May 15, we would like to clarify as follows: It is incorrect that an employee of Bank Bali threw away millions of rupiah to the rioting mass to save the bank from violent attack by the mob. I G.M.

Wed, 20 May 1998

JP/Business as usual for DHL courier company in Indonesia

Business as usual for DHL courier company in Indonesia JAKARTA (JP): Courier company DHL Worldwide Express is maintaining operations in Indonesia, despite the deteriorating political situation, the company said yesterday.

Wed, 20 May 1998

JP/26 caught for suspicious goods

26 caught for suspicious goods JAKARTA (JP): Twenty-six people have been arrested in the Bakauheni port, Lampung, on charges of attempting to smuggle in goods they looted here and in Tangerang during last week's riots.Lampung police chief Col.

Wed, 20 May 1998

JP/More turmoil ahead?

More turmoil ahead? Tragic. This single word probably sums up better than any other the grim reality that what some people see as a major concession by President Soeharto has been received with skepticism and even downright rejection by the President's most prominent critics.