Archive: 28 May 1998
61 articles found
Thu, 28 May 1998, 00:00 WIB
Voice of reason
Voice of reason I have lived and worked in Indonesia for more than 10 years. This is my home, a place and time to raise a family. Although an expat, I haven't considered pursuing a life elsewhere because my wife is from Medan and, besides, I achieve a measure of personal fulfillment in work and recreation here in Jakarta.
Thu, 28 May 1998, 00:00 WIB
Thailand asks IMF for room to maneuver
Thailand asks IMF for room to maneuver LONDON: The Thai government has asked the International Monetary Fund (IMF) to relax its tough prescription after admitting that the aftermath of the Asian crisis will squeeze the country's economy more than initial estimates suggested. The government says that the economy may shrink by as much as 5.5 percent in 1998, compared with an earlier forecast of 3.5 percent.
Thu, 28 May 1998, 00:00 WIB
Cleaners get Rp 1,100 raise
Cleaners get Rp 1,100 raise RANGKASBITUNG, West Java: Lebak regency officials agreed yesterday to increase the salary of sanitation workers here from Rp 2,000 to Rp 3,100 per day. According to Antara, Lebak regent Didin Muchdjidin said the decision was part of his office's continued desire to improve the welfare of 40 sanitation workers in the regency, which includes street sweepers and garbage collectors.
Thu, 28 May 1998, 00:00 WIB
Thais see more fishing opportunities in RI
Thais see more fishing opportunities in RI BANGKOK (Reuters): Industry reforms taking place in post- Soeharto Indonesia should help Thai fishermen get more opportunities to fish in that country's waters, a senior industry source said yesterday. Wanchai Sangsukian, president of the Thai Overseas Fisheries Association, told Reuters that reformation of Indonesian business practices by the new administration should enable Thais to expand investment in fishing there.
Thu, 28 May 1998, 00:00 WIB
Watch out for Asian fallout in the West
Watch out for Asian fallout in the West By John Gray LONDON: Asia's economic crisis has not ended. It has moved into another and deeper phase that is bound to have serious repercussions for western economies. In a globalised economy, we must expect Asia's worsening economic difficulties to be propagated swiftly across much of the rest of the world. After all, that is what is meant by globalization, is it not? In fact globalization can mean two very different things.
Thu, 28 May 1998, 00:00 WIB
Soeharto-linked timber firms told to abide by forestry laws
Soeharto-linked timber firms told to abide by forestry laws JAKARTA (JP): Newly appointed Minister of Forestry and Plantations Muslimin Nasution has warned timber companies with links to former president Soeharto to abide by the existing forestry regulations or face losing their logging contracts. Muslimin said yesterday that any concessionaires -- including several giant groups which hold concessions thanks to connections to Soeharto's family -- which violated regulations should be punished.
Thu, 28 May 1998, 00:00 WIB
MPR should convene to pick new president
MPR should convene to pick new president The nation is contemplating holding fresh elections -- which takes time -- or an extraordinary session of the People's Consultative Assembly (MPR) to choose a new president and vice president. Jusuf Wanandi, chairman of the Supervisory Board of the Centre for Strategy and International Studies, opts for the latter. JAKARTA (JP): Indonesia is fortunate to have ended the 32-year rule of president Soeharto without much bloodshed.
Thu, 28 May 1998, 00:00 WIB
Asia take 4 years to recover
Asia take 4 years to recover SINGAPORE (AP): Asia may take as long as four to five years to recover from its financial and economic crisis, a Singapore leader said in comments distributed to the news media yesterday. "Overall, it may take four to five years for the region to recover...Really it depends on what the governments do," Deputy Prime Minister Lee Hsien Loong was quoted as saying in the June 8 edition of Fortune magazine.
Thu, 28 May 1998, 00:00 WIB
Yogyakarta and Padang soccer clubs to disband
Yogyakarta and Padang soccer clubs to disband YOGYAKARTA (JP): A local soccer club, PSIM, is set to disband following a recent decision by the All Indonesian Soccer Federation to cancel this year's league. The club's chief, Idham Samawi, said yesterday PSIM suspended all activities after the federation brought about a premature end to the league Monday. According to the initial schedule, the league was to finish in mid July.
Thu, 28 May 1998, 00:00 WIB
Fate of local rally hangs in the balance
Fate of local rally hangs in the balance JAKARTA (JP): The 11th leg of the World Rally Championship series scheduled for Sept. 18 to Sept. 20 in Medan, North Sumatra, may be canceled due to political and economic uncertainty. Officials of the Indonesian Rally Foundation in Medan yesterday were unavailable to confirm or deny that the event -- which has been held annually since 1987 -- may be dropped.
Thu, 28 May 1998, 00:00 WIB
Establishing a national leadership
Establishing a national leadership By Sayidiman Suryohadiprojo JAKARTA (JP): Many people do not accept the legitimacy of President B.J. Habibie and want the People's Consultative Assembly (MPR), as the highest legislative body in the Indonesian political system, to convene a special session to terminate Habibie's presidency. It would not be difficult for the MPR, once in session, to end the Habibie administration.
Thu, 28 May 1998, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on May 27, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 650 0 0 AHAP Insurance 500 0 0 Alter Abadi 775 25 1,000 Alumindo Light Metal 300 0 105,000 Alumindo Perkasa 275 0 0 Aneka Kimia Raya 400 -25 22,500 Aneka Tambang 1,300 -100 3,642,000 Anwar Sierad 175 -25 110,000 Apac Centertex Corp.
Thu, 28 May 1998, 00:00 WIB
Coca-Cola Amatil limits Indonesian investments
Coca-Cola Amatil limits Indonesian investments SYDNEY (Reuters): Soft drink bottler Coca-Cola Amatil Ltd said yesterday it plans in the short term to limit new investment in its Indonesian operation to cash generated by the operation itself. C-C Amatil chief executive David Kennedy told a briefing he remained positive about the long-term outlook in Indonesia, where the group has invested heavily in recent years.
Thu, 28 May 1998, 00:00 WIB
The end of Golkar's domination?
The end of Golkar's domination? So far it has never been clear whether Golkar is a ruling party or a party for the rulers. The new law on political parties that is to come into being must make it very clear what it means for a political party to win a general election. Golkar, which under the New Order regime (of former president Soeharto) won every general election that has been held, served as nothing more than a vote getter.
Thu, 28 May 1998, 00:00 WIB
Free them all
Free them all A job half done is a job undone. Debatable as such a statement may be to some, many people would agree that this holds true in the case of the release of political prisoners in Indonesia.
Thu, 28 May 1998, 00:00 WIB
Intraco reschedules debt
Intraco reschedules debt JAKARTA (JP): Publicly listed PT Intraco Petra announced yesterday it was negotiating with creditors to restructure its U.S. dollar-denominated debt. The company said its foreign debt currently stood at US$50.4 million, of which $20 million had been hedged at Rp 2,662 per U.S. dollar.
Thu, 28 May 1998, 00:00 WIB
Stocks slump on huge sell-off of Salim stocks
Stocks slump on huge sell-off of Salim stocks JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) lost almost 4 percent yesterday, driven by massive sell-off of stocks connected to the Salim Group, stockbrokers said. The rupiah stayed flat at 10,500 in lackluster trading as the market remained confused by indications on interest rate directions, currency dealers reported.
Thu, 28 May 1998, 00:00 WIB
Coffee prices fall as RI unrest ends
Coffee prices fall as RI unrest ends SINGAPORE (Reuters): Coffee prices fell in Asia as recent supply worries eased due to fresh rains in Vietnam and an apparent end to civil strife in Indonesia, traders said yesterday. As a result buyers were relaxed, only picking up bargains as they waited for sellers to further cut prices, which have already fallen by about $50 per ton from a week ago. "Everything looks okay, production-wise.
Thu, 28 May 1998, 00:00 WIB
Noegroho replaces Hamami as head of city police
Noegroho replaces Hamami as head of city police JAKARTA (JP): Central Java Police chief Maj. Gen. Noegroho Djajoesman will be installed as Jakarta's number one officer today, replacing Maj. Gen. Hamami Nata, National Police spokesman Brig. Gen. Da'i Bachtiar said yesterday. The installation of Noegroho, 51, who is also former deputy chief of West Java Police, will be led by National Police Chief Gen. Dibyo Widodo, Da'i said.
Thu, 28 May 1998, 00:00 WIB
RI team, creditors to meet in New York
RI team, creditors to meet in New York NEW YORK (Dow Jones): The head of Indonesia's debt team will meet with foreign bankers in New York today to address the political changes in the Asian country and prepare for the next round of debt negotiations scheduled to take place in Frankfurt on June 1, banking sources said Tuesday. Indonesia and international bankers are trying to hammer out a solution to the country's crushing debt burden.
Thu, 28 May 1998, 00:00 WIB
IBRA may take control of BCA
IBRA may take control of BCA JAKARTA (JP): Bank Central Asia (BCA), the country's largest bank, may soon be put under the control of the Indonesian Banking Restructuring Agency (IBRA) following days of fund withdrawals, banking sources said yesterday. The banking sources said IBRA could take over control of the bank as early as today, as its liquidity had fallen below acceptable levels.
Thu, 28 May 1998, 00:00 WIB
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on May 27, 1998: Buying Selling Rp Rp U.S.
Thu, 28 May 1998, 00:00 WIB
Military rejects security fee
Military rejects security fee TANGERANG (JP): Local military chief Lt. Col. Meris Wiryadi has rejected residents' plans to collect money for officers overseeing security in residential areas following riots earlier this month. "We won't tolerate the plan to charge people money to be given to security personnel because safeguarding neighborhoods is the responsibility of both the military and citizens," he said. the weekend.
Thu, 28 May 1998, 00:00 WIB
Imogiri kris goes global
Imogiri kris goes global YOGYAKARTA: Imogiri could quickly make a name for itself in the international arena as one of the central producers of kris. The town recently begun exporting the wavy double-edged dagger made in humble surroundings of the Imogiri subdistrict, Bantul district, to several European countries. Each month, an average of 200 kris are shipped to the Netherlands and Australia.
Thu, 28 May 1998, 00:00 WIB
Bakom-PKB concerned over recent tragedies
Bakom-PKB concerned over recent tragedies JAKARTA (JP): The Coordinating Body for National Unity (Bakom- PKB) has expressed deep concern over the recent tragedies that have increased uncertainty and a feeling of peril among minority groups. Bakom-PKB deputy chairwoman Rosita Noor told journalists that the shootings at Trisakti University and the riots that rocked several cities in the country were evidence that society's sense of unity and nationalism were deteriorating.
Thu, 28 May 1998, 00:00 WIB
Arson suspected in shop fires
Arson suspected in shop fires BOGOR (JP): Police suspect arson was involved in a fire that destroyed two shops in Cileungsi subdistrict Monday night. The fire occurred a day after employees of the shop belonging to Tolib, 50, reportedly mobbed to death a notorious thug, Komarudin, 25, who allegedly often tried to extort money from them. Dadang, a security guard who witnessed the incident, said the hoodlum was mobbed after challenging the employees to fight with him.
Thu, 28 May 1998, 00:00 WIB
Indonesia to import tons of soybean
Indonesia to import tons of soybean JAKARTA (JP): Indonesia will import about 500,000 tons of soybean from Thailand and the United States this year to meet domestic demand, a senior official at the Ministry of Agriculture said yesterday. Director General of Food Crops and Horticulture Chairil Anwar Rasahan said in Bandar Lampung that imports this year would be less than last year's due to an increase in the country's soybean production.
Thu, 28 May 1998, 00:00 WIB
Minister proposes financial aid for riot victims
Minister proposes financial aid for riot victims JAKARTA (JP): A cabinet minister pledged yesterday to urge the government to extend assistance to relatives of those who died in fires during the three days of rioting in Greater Jakarta two weeks ago. Minister of Cooperatives, Small and Medium Enterprises Adi Sasono pointed out it was unfair that some officials had arbitrarily categorized all victims as looters without the necessary evidence.
Thu, 28 May 1998, 00:00 WIB
Tracing the world's oldest profession
Tracing the world's oldest profession Pelacuran di Indonesia, Sejarah dan Perkembangannya (Prostitution in Indonesia, its History and Development); By Terence H. Hull et al.; Pustaka Sinar Harapan in cooperation with Ford Foundation, Jakarta, 1997; 157 pp + ix; Rp 15,000 JAKARTA (JP): Everybody knows the sex industry is as old as the history of humankind, but nobody seems to be able to pinpoint when exactly its commercialization started.
Thu, 28 May 1998, 00:00 WIB
Credits granted to small businesses
Credits granted to small businesses TANGERANG (JP): The local branch of state BNI 46 bank is providing credits of up to Rp 50 million to small-scale businesspeople whose kiosks and merchandise were damaged or looted during mass rioting two weeks ago, an official said yesterday.
Thu, 28 May 1998, 00:00 WIB
Hoodlums clash at Blok M
Hoodlums clash at Blok M JAKARTA (JP): Drunken rival hoodlums were involved in a brief brawl early Sunday, causing minor damage to buildings before they were dispersed by the police. The brawl started after several thugs argued over money to buy liquor at about 2 a.m., a police officer who spoke on condition of anonymity said. "The rival gangsters began pelting stones at buildings when the police came to intervene. They dispersed as soon as the officers arrived at the scene," the officer said.
Thu, 28 May 1998, 00:00 WIB
Political stability a must for economic reform: Neiss
Political stability a must for economic reform: Neiss JAKARTA (JP): The International Monetary Fund's Asia-Pacific director Hubert Neiss began talks with Indonesia's new government yesterday on setting the stage for possible disbursement of delayed bailout funds. Neiss, who arrived in the capital Tuesday evening, is planning to have week-long marathon talks with new President B.J.
Thu, 28 May 1998, 00:00 WIB
Congratulations pour in for new President
Congratulations pour in for new President JAKARTA (JP): Minister/State Secretary Akbar Tandjung said yesterday that President B.J. Habibie had received a slew of congratulatory letters from foreign counterparts since being appointed president on Thursday.
Thu, 28 May 1998, 00:00 WIB
Governor's wife quits MPR
Governor's wife quits MPR PALU, Central Sulawesi: Following the pattern of the past few days, which has seen families of senior officials give up their various posts, Mrs. Kamsiah Paliudju, wife of Central Sulawesi Governor Banjela Paliudju, has given up her seat as a member of the People's Consultative Assembly (MPR).
Thu, 28 May 1998, 00:00 WIB
Alleged vandal faces jail term
Alleged vandal faces jail term BOGOR (JP): The Bogor district court was asked yesterday to sentence a man to three months in jail for damaging a public telephone facility on Jl. Raya Bogor-Jakarta in Cimanggis. Prosecutor Amiek Mulandari said in her sentence request that the defendant, Robin Manalu, 27, and a friend identified as Mangotang Hutasoit were drunk when they alighted from a public transportation vehicle at 9 p.m. on Feb. 12.
Thu, 28 May 1998, 00:00 WIB
Councilor says administration practices nepotism
Councilor says administration practices nepotism JAKARTA (JP): A senior councilor accused the city administration yesterday of practicing nepotism and cronyism in the recruitment and promotion of its employees. "I know of officials recruited and promoted because of familial connections within the bureaucracy," said Lukman F Mokoginta, chief of the Indonesian Democratic Party (PDI) faction.
Thu, 28 May 1998, 00:00 WIB
Thousand Islands' reefs in trouble
Thousand Islands' reefs in trouble JAKARTA (JP): Uncontrolled harvest of corals for export has left about 75 percent of the coral reefs in the Thousand Islands, north of Jakarta, in a deplorable condition, an official said. The corals are mostly exported to Europe and sold as aquarium decorations, Djafar Tirtosentono, chief of the Thousand Islands Tourism Association, said Monday.
Thu, 28 May 1998, 00:00 WIB
Danish aid for Gunungkidul
Danish aid for Gunungkidul YOGYAKARTA: Danish Ambassador Michael Sternberg has granted food aid and funds for a clean-water project worth Rp 647 million to the drought-stricken district of Gunungkidul, Yogyakarta. Sternberg, a frequent visitor to Gunungkidul, provided milk, rice and biscuits for the needy worth Rp 332.9 million, as well as pipes and Rp 314.1 million in funds for a clean-water project, district administration spokesman, Suharsono, said here yesterday.
Thu, 28 May 1998, 00:00 WIB
Orders for textile products down by half
Orders for textile products down by half JAKARTA (JP): Local textile companies said yesterday export orders for textile and textile-related products had dropped by 50 percent due to the country's political uncertainty. One of the executive heads of the Indonesian Textile Association, Lili Asdjudiredja, said most of the orders for September and October, for delivery in January next year, had been canceled.
Thu, 28 May 1998, 00:00 WIB
MKGR breaks ranks with Golkar
MKGR breaks ranks with Golkar JAKARTA (JP): Golkar, the political grouping that has dominated Indonesian politics since the early 1970s, is showing signs of unraveling since two of its strongest allies have indicated their intent to break away. Musyawarah Kekeluargaan dan Gotong Royong (MKGR), a group that helped form Golkar, declared itself a new, separate party from the political organization in a media briefing yesterday.
Thu, 28 May 1998, 00:00 WIB
Experts split over move on Soeharto businesses
Experts split over move on Soeharto businesses JAKARTA (JP): Legal experts are divided over the legitimacy of the government's sudden move to review the vast trail of business contracts leading to former president Soeharto's family. Lawyer Frans Hendra Winarta said the move was understandable considering the strong demand for the new Habibie administration to fight the rampant corruption, collusion and nepotism bequeathed by the Soeharto regime.
Thu, 28 May 1998, 00:00 WIB
Two indicted for kidnapping baby
Two indicted for kidnapping baby JAKARTA (JP): Two women were indicted at Central Jakarta District Court Tuesday on charges of kidnapping a 17-day-old baby girl from a woman who was sentenced by the same court to one year in jail for committing a similar offense in 1996. Prosecutor Shinta Shasanti said the defendants, identified as Dasiyah, 25, and Sumiati, 29, snatched the baby from Yanti's lap in the compound of the Istiqlal Mosque in Central Jakarta on Feb. 24.
Thu, 28 May 1998, 00:00 WIB
Asian markets on their knees as yen, Wall St. fall
Asian markets on their knees as yen, Wall St. fall SINGAPORE (Reuters): Asian markets took a hammering yesterday as a hefty fall on Wall Street and a weakening yen added to a cocktail of domestic woes. Hong Kong shares led the rout with the Hang Seng Index collapsing nearly 500 points, or 5.26 percent, to close below the 9,000 mark as traders faced up to a possible economic recession in the territory.
Thu, 28 May 1998, 00:00 WIB
Reform fighters, beware of traps!
Reform fighters, beware of traps! From Merdeka This letter is addressed to all reform fighters connected with the May 12 event. I ask them not to be trapped by antireform political guerrillas who offer them lucrative positions in order to forget the poor. It is a trap that will make the reform a trade commodity. The struggle for reform would, thereby, be frozen and become useless. If the current reform figures made a soccer team, they would certainly fail to win the political game called reform.
Thu, 28 May 1998, 00:00 WIB
Habibie's promises
Habibie's promises Now that he has sworn in his new old-face-dominated reform cabinet (The Jakarta Post, May 24), our new president must prove all his promises and commitments. Many people think President B.J. Habibie is a clone of Soeharto, his long-time political guru. If his new cabinet makes no effort with the many reforms demanded by the people, his four- year term might be a "Soeharto without Soeharto reign". IWAN SATYANEGARA Jakarta
Thu, 28 May 1998, 00:00 WIB
More demonstrations for special session of MPR
More demonstrations for special session of MPR YOGYAKARTA (JP): Two hundred youths rallied at the local legislative council here yesterday demanding a special session of the People's Consultative Assembly (MPR) to replace President B.J. Habibie. Representing six organizations, including the Indonesian Moslem Students Movement (PMII) and the Indonesian Christian Students Movement (PMKRI), the youths said they rejected the transfer of the 1998/2003 presidency from Soeharto to Habibie.
Thu, 28 May 1998, 00:00 WIB
Pakpahan testifies at activists' trial
Pakpahan testifies at activists' trial JAKARTA (JP): Muchtar Pakpahan, chairman of the Indonesian Prosperous Labor Union who was released from jail Tuesday, testified yesterday at the trial of four union members charged of illegally holding a rally on Jl. Thamrin, Central Jakarta, on March 9. He told the Central Jakarta District Court that he had ordered the union members to hold the demonstration. The demonstration was one of 10 union rallies held throughout the city on March 9.
Thu, 28 May 1998, 00:00 WIB
Tangerang cancels water cooperation with Tutut
Tangerang cancels water cooperation with Tutut JAKARTA (JP): The Tangerang regency government has canceled a cooperative agreement on drinking water supply with a company owned by Siti "Tutut" Hardijanti Rukmana, former president Soeharto's eldest daughter. Local officials said Tuesday the action was taken because the company, PT Citra Lamtoro Gung Persada, had failed to start any work on the project since the agreement was signed on Nov. 15 last year.
Thu, 28 May 1998, 00:00 WIB
23 foreign banks bid to back up privatization plan
23 foreign banks bid to back up privatization plan JAKARTA (JP): State Minister for the Empowerment of State Enterprises Tanri Abeng has said 23 foreign investment banks would compete to become financial advisors and underwriters of the country's privatization program. He said the selection process, originally scheduled for the middle of this month, would be held in Singapore from today until Tuesday.
Thu, 28 May 1998, 00:00 WIB
Asian cultures plugged on TV
Asian cultures plugged on TV SINGAPORE (DPA): The Association of Southeast Asian Nations (ASEAN) may set up a satellite television channel to showcase the region's cultures, reports in Singapore said yesterday. ASEAN representatives will discuss the idea at the ASEAN Information Ministers meeting in Bangkok in July, a Singapore official said.
Thu, 28 May 1998, 00:00 WIB
Australia to stick with RI
Australia to stick with RI SYDNEY (DPA): Australia will not renege on its commitment to provide 1 billion U.S. dollars of the 43-billion-U.S.-dollar rescue package the International Monetary Fund has put together to help Indonesia out of its worst economic jam in 30 years. Prime Minister John Howard said yesterday it was in Australia's interests to see the Indonesian economy revive under the leadership of President B.J. Habibie, the country's first new leader in 32 years.
Thu, 28 May 1998, 00:00 WIB
Thais rice exports halted
Thais rice exports halted BANGKOK (Reuters): Thai rice exporters said yesterday they were maintaining their suspension of rice shipments to Indonesia despite a calmer political situation there. Any sales must be backed by letters of credit from credible commercial banks in third countries, exporters told Reuters. "Despite the seemingly calmer political situation, uncertainties remain intense," said a marketing manager at a major exporting company.
Thu, 28 May 1998, 00:00 WIB
Bali offers free stay for reporters
Bali offers free stay for reporters JAKARTA (JP): If you are a foreign journalist, keep your vacation bags packed at the ready because free accommodation awaits in Bali. Bali Promo, the promotional body for the island's tourist industry, is offering a free four-night stay at one of its star- rated resorts to foreign journalists with accreditation in Indonesia, either on assignment or a semipermanent basis.
Thu, 28 May 1998, 00:00 WIB
Prabowo to accept new post in ceremony today
Prabowo to accept new post in ceremony today JAKARTA (JP): Rife speculation about the sudden replacement of Lt. Gen. Prabowo Subianto as head of the Army's Strategic Reserves Command (Kostrad) was fanned further yesterday by news the handover ceremony for Prabowo's new post, heading the Armed Forces Staff and Command College, would be held here this morning instead of Bandung, West Java, where the college is located. No immediate reason was given on the break with tradition.
Thu, 28 May 1998, 00:00 WIB
Workers now free to set up their own union: Fahmi
Workers now free to set up their own union: Fahmi JAKARTA (JP): Minister of Manpower Fahmi Idris has promised that from now on, workers will be allowed to set up their own labor unions independent of the government-backed Federation of All-Indonesia Workers Union (FSPSI). "Workers are now free to set up their own unions provided their establishment is in line with the legal and official pre- requirements," Fahmi said in a discussion with about 300 workers at his office here yesterday.
Thu, 28 May 1998, 00:00 WIB
Earthquake shooks Ambon
Earthquake shooks Ambon AMBON, Maluku: An earthquake measuring 5.3 on the Richter scale shook Ambon and its surrounding areas for several minutes yesterday morning. There were no immediate reports of casualties or severe damage as a result of the quake, which, according to Antara, began at 10:49 a.m. Head of the Ambon Geophysics Office, Subardjo, said the epicenter of the quake was believed to be 33 kilometers under the Banda Sea, some 50 kilometers southwest of Ambon Island.
Thu, 28 May 1998, 00:00 WIB
Councilor seeks cancellation of Teluknaga resort project
Councilor seeks cancellation of Teluknaga resort project TANGERANG (JP): A senior councilor is seeking the cancellation of a Rp 14 trillion ($1.4 billion) Teluknaga resort project because he claims the awarding of it to tycoon Liem Sioe Liong smacks of collusion with former president Soeharto.
Thu, 28 May 1998, 00:00 WIB
Revoke tax holidays!
Revoke tax holidays! It is very interesting to me that these days, all national elements (students, workers and even cabinet ministers) are orchestrating the reform symphony in every step, move and decision within their respective area, authority or jurisprudence. Hamzah Haz, the newly appointed minister of investment, pleaded to review the "tax holiday" facilities were given to project/companies due to political connections that were connected to corruption, collusion and nepotism.
Thu, 28 May 1998, 00:00 WIB
Police 'didn't use live ammunition at Trisakti'
Police 'didn't use live ammunition at Trisakti' JAKARTA (JP): The mystery of who fired the fatal shots in the May 12 death of four Trisakti University students slowly began to unfold yesterday when the National Commission on Human Rights said police did not use live ammunition. "The commission has obtained strong indications that the police... did not use live ammunition," commission member Djoko Soegianto told journalists here yesterday.
Thu, 28 May 1998, 00:00 WIB
Further deterioration expected in Asian banks
Further deterioration expected in Asian banks SINGAPORE (Agencies): Ratings agency Standard & Poor's (S&P) said yesterday it expects further deterioration in the financial state of Asian banks. "Banks in Asia still have some further deterioration and downside to go," Ken McLay, director of S&P's Financial Institutions Ratings Services, told a conference.
Thu, 28 May 1998, 00:00 WIB
Govt to free more political prisoners
Govt to free more political prisoners JAKARTA (JP): President B.J. Habibie offered assurances yesterday that all political prisoners would eventually be released unless they were Marxists or Communists. During a meeting with visiting United States Congressman Christopher H. Smith, Habibie claimed that he was committed to upholding human rights. He said Tuesday's release of high-profile political prisoners Sri Bintang Pamungkas and Muchtar Pakpahan was just the beginning.