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Searching for all articles published on 1998-04-08 ...

46 articles.

Wed, 08 Apr 1998

JP/S&P acts on RI banks following IBRA action

S&P acts on RI banks following IBRA action JAKARTA (JP): Global rating agency Standard & Poor's revised Monday its rating of Bank Umum Nasional (BUN), Bank Dagang Nasional Indonesia (BDNI) and Bank Expor Impor Indonesia (Bank Exim) to "NM", or not meaningful.

Wed, 08 Apr 1998

JP/Makindo's profits up

Makindo's profits up JAKARTA (JP): PT Makindo has reported a 32 percent increase in net profits for 1997 to Rp 89.6 billion (US$9.48 million).Makindo said Monday that its total assets expanded 621 percent to Rp 1.07 trillion as of the end of 1997.

Wed, 08 Apr 1998

JP/Governor OKs increase in tap water tariffs

Governor OKs increase in tap water tariffs JAKARTA (JP): Jakarta Governor Sutiyoso approved Monday the 25 percent average increase in tap water tariffs announced by city- owned water company PDAM late last week.Sutiyoso said he would sign a gubernatorial decree legalizing the new tariffs.

Wed, 08 Apr 1998

JP/Govt urged to turn back to agribusiness to beat crisis

Govt urged to turn back to agribusiness to beat crisis JAKARTA (JP): The government should focus on developing the agricultural sector to reduce the country's dependence on imported commodities and to cope with rising unemployment, a noted agriculture analyst said yesterday.

Wed, 08 Apr 1998

JP/Missing people case to be probed

Missing people case to be probed JAKARTA (JP): The National Commission on Human Rights will launch today an investigation into the clash between protesting students and security personnel in Yogyakarta, and the reported disappearance of political activists.Bambang W.

Wed, 08 Apr 1998

JP/Rectors to regulate campus rallies: Minister

Rectors to regulate campus rallies: Minister JAKARTA (JP): Minister of Education and Culture Wiranto Arismunandar said it was up to individual rectors to decide whether student rallies and activities had delved into the forbidden area of "practical politics".

Wed, 08 Apr 1998

JP/Missing in action

Missing in action The violence accompanying the student demonstrations which have erupted in various cities throughout Indonesia over the past couple of weeks is most certainly to be regretted.

Wed, 08 Apr 1998

JP/Govt collects 225 kg of gold

Govt collects 225 kg of gold JAKARTA (JP): The Ministry of Finance announced Monday that the government had received gold donations from the public totaling 225.87 kilograms, worth Rp 7.5 billion (US$888,000), since Jan. 20.

Wed, 08 Apr 1998

JP/Dengue fever kills five

Dengue fever kills five JAKARTA (JP): Five out of 519 dengue fever sufferers treated in North Jakarta between January and March died, an official said Sunday.

Wed, 08 Apr 1998

JP/Bank move may cause more worries

Bank move may cause more worries The government has suspended the operation of seven banks and taken over the management of seven others. Economist Kwik Kian Gie discusses the impact of the drastic measure.

Wed, 08 Apr 1998

JP/Goro assigned to assist Bulog

Goro assigned to assist Bulog JAKARTA (JP): Despite the campaign against crony capitalism, the government has assigned a private company partly owned by Hutomo Mandala Putra to assist the State Logistics Agency (Bulog) distribute basic commodities nationwide.

Wed, 08 Apr 1998

JP/Scavengers protest burning of garbage

Scavengers protest burning of garbage JAKARTA (JP): Seventy-five scavengers of the Bantar Gebang garbage dump in Bekasi staged a demonstration at City Hall on Monday protesting the city's decision to burn garbage instead of dumping it at the site.

Wed, 08 Apr 1998

JP/14 caught without passports

14 caught without passports JAKARTA (JP): Fourteen Sri Lankans were arrested for allegedly having no passports when immigration officers raided a rented house in Bangun Reksa Indah II housing complex, Ciledug, in Tangerang.

Wed, 08 Apr 1998

JP/Tourism in a time of crisis

Tourism in a time of crisis Our tourist industry can only lament the decline in tourist arrivals to the country. Hotels are suffering from a lack of guests, tour and travel agents are experiencing decreased ticket bookings and souvenir shops lack buyers.

Wed, 08 Apr 1998

JP/Moslem leaders call for patience

Moslem leaders call for patience JAKARTA (JP): Religious leaders urged millions of Indonesian Moslems celebrating Idul Adha yesterday to remember the virtues of sacrifice and called on them to pray together for the strength to lift the nation out of its economic crisis.

Wed, 08 Apr 1998

JP/Depositors rush to withdraw funds from troubled banks

Depositors rush to withdraw funds from troubled banks JAKARTA (JP): Thousands of anxious depositors rushed to withdraw their deposits Monday from the seven banks placed under the management of the Indonesian Bank Restructuring Agency (IBRA) by the government over the weekend.

Wed, 08 Apr 1998

JP/TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film 3:05 Family's Film 4:00 Regional News 4:30 Teen Program: Remaja Indonesia 5:00 Teen Drama: Science World 5:30 Education Quiz: Cepat Tepat 6:05 My Country: Rona Nusantara 6:15 Sports 6:30 TVRI News (in ...

Wed, 08 Apr 1998

JP/McDonald's donates garbage truck

McDonald's donates garbage truck JAKARTA (JP): McDonald's Indonesia donated a dump truck to the city administration on Monday as part of the firm's commitment to help improve public sanitation.McDonald's Indonesia president Bambang N.

Wed, 08 Apr 1998

JP/Maluku fishing worries Aussies

Maluku fishing worries Aussies AMBON, Maluku: The Australian government has expressed concern that some Maluku fishermen still use potassium and other toxic chemicals to catch kerapu fish."I became deeply concerned after hearing the explanation from the governor.

Wed, 08 Apr 1998

JP/On late water bills

On late water bills We would like to thank Mr. Hasan Karman for sending a letter to the editor of Media Indonesia which also appeared in The Jakarta Post (April 4) on his complaint titled KATI's bill comes late. However, we would like to provide an explanation.The late arrival of Mr.

Wed, 08 Apr 1998

JP/Conversion Rates

Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on April 6, 1998: Buying Selling Rp Rp U.S dollar 1 8,000.00 9,500.

Wed, 08 Apr 1998

JP/Clinton's visit to Africa

Clinton's visit to Africa Bill Clinton has reason to be pleased with his sweep through Africa's sunnier uplands.

Wed, 08 Apr 1998

JP/Bank executives get police protection

Bank executives get police protection JAKARTA (JP): Police have pledged to protect members of the boards of directors of seven suspended banks and another seven under the management of the Indonesian Bank Restructuring Agency (IBRA).City police chief Maj. Gen.

Wed, 08 Apr 1998

JP/Chawalit wins Orient Masters

Chawalit wins Orient Masters XIAMEN, China (Agencies): Thailand's rising star Chawalit Plaphol made his maiden victory in the Omega Tour's US$200,000 Orient Masters as he birdied three of the last four holes to overcome his compatriot Boonchu Ruangkit, a four-time winner on the Tour.

Wed, 08 Apr 1998

JP/Private debt talks to be held in NY

Private debt talks to be held in NY JAKARTA (JP): Negotiations to settle Indonesia's private sector debt of $68 billion will be held in New York mid-April following the conclusion of the first phase of negotiations in Singapore on Monday, Deutsche Bank said in a statement.

Wed, 08 Apr 1998

JP/Obituary

Obituary The governor of the Police College, Maj. Gen. Syech Tarigan, died yesterday afternoon at the age of 53.Tarigan had been treated for some time at Pertamina Hospital in South Jakarta.Antara quoted National Police spokesman Brig. Gen.

Wed, 08 Apr 1998

JP/Moslems observe Idul Adha rite with passion

Moslems observe Idul Adha rite with passion JAKARTA (JP): Jakarta Moslems gathered in mosques, open fields, schools and office compounds yesterday to say the Idul Adha (Islamic Day of Sacrifice) prayers.

Wed, 08 Apr 1998

JP/Fire guts 30 houses in North Jakarta

Fire guts 30 houses in North Jakarta JAKARTA (JP): Fire gutted 30 houses in Jembatan Batu slum area, Pinangsia subdistrict, North Jakarta, on the Islamic Day of Sacrifice yesterday.There were no casualties.

Wed, 08 Apr 1998

JP/BASF posts $54m in sales

BASF posts $54m in sales JAKARTA (JP): BASF Indonesia booked Rp 463 billion (US$54.4 million) in total sales for 1997, an increase of 15 percent from 1996.The company, however, did not provide any other income figures.

Wed, 08 Apr 1998

JP/Agung urges transparency in SEA Games sticker sales

Agung urges transparency in SEA Games sticker sales JAKARTA (JP): State Minister of Youth and Sports Affairs Agung Laksono urged the 19th SEA Games (SEAG) underwriting consortium Monday to immediately settle its debts and to be more transparent over its Rp 64 billion deficit.

Wed, 08 Apr 1998

JP/Painters to hold festival in Ubud

Painters to hold festival in Ubud DENPASAR, Bali: About 50 Indonesian painters will take part in a two-week exhibition in Ubud at the Rudana Museum and Gallery, 20 kilometers northeast of here, to celebrate the Indonesian Year of the Arts.

Wed, 08 Apr 1998

JP/New agreement set to be signed today

New agreement set to be signed today JAKARTA (JP): The government is expected to announce the details of its newly revised agreement with the International Monetary Fund (IMF) after the monthly cabinet meeting today.

Wed, 08 Apr 1998

JP/Man gets int'l patent for pump

Man gets int'l patent for pump KUPANG, East Nusa Tenggara (JP): A retired elementary school teacher in Sika, Flores, has received international acclaim for his water pump, an invention now registered at The Hague patent office.

Wed, 08 Apr 1998

JP/Indonesian workers still in high demand

Indonesian workers still in high demand JAKARTA (JP): Despite Malaysia's ongoing deportation of thousands of illegal workers, Indonesians are still in high demand in the international labor market, says an official.

Wed, 08 Apr 1998

JP/PSSI may change playoff system

PSSI may change playoff system JAKARTA (JP): The All Indonesian Soccer Federation (PSSI) is pondering changes to the post-league playoff matches to allow extra time for the national team to regroup ahead of the 2nd Tiger Cup finals.

Wed, 08 Apr 1998

JP/Sembiring becomes Trikora military chief

Sembiring becomes Trikora military chief JAKARTA (JP): Maj. Gen. Amir Sembiring was installed Monday as the new chief of the Trikora Regional Military Command which oversees Maluku and Irian Jaya.Sembiring, a familiar face to the command, is a 1972 graduate of the Armed Forces Academy.

Wed, 08 Apr 1998

JP/Hostels' lucrative trade dries up

Hostels' lucrative trade dries up PURWOKERTO, Central Java: Many initially applauded the removal of streetwalkers from the Baturaden tourist resort a fortnight ago, but now the owners of hundreds of nearby hostels complain they are going bankrupt because no one is using their facilities anymore.

Wed, 08 Apr 1998

JP/IMF, and a bad joke

IMF, and a bad joke The article in your April 2 and April 3 editions titled IMF not a good Samaritan by T.J. Addati is staggering for more than one reason. First, because it is an exquisite illustration of nearly all vital journalism perfidiously twisted and distorted.

Wed, 08 Apr 1998

JP/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 April 6 to April 12: U.S dollar 1 Rp 8,525.

Wed, 08 Apr 1998

JP/New firm to manage ailing banks' assets

New firm to manage ailing banks' assets JAKARTA (JP): The government plans to establish a new company to manage the assets of ailing and suspended banks, Minister of Finance Fuad Bawazier said.

Wed, 08 Apr 1998

JP/Salim cancels plan to buy Danamon stake

Salim cancels plan to buy Danamon stake JAKARTA (JP): Salim Group, the country's largest business conglomerate, and U.S. firm Credit Suisse First Boston (CSFB) announced Monday they had abandoned plans to buy a stake in publicly listed Bank Danamon.

Wed, 08 Apr 1998

JP/Commitment to reform key to recovery

Commitment to reform key to recovery JAKARTA (JP): Indonesia's way out from its worst ever economic crisis does not depend on the substance of the IMF-sponsored economic reforms but on the seriousness in implementing the program, economists have said.

Wed, 08 Apr 1998

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 6, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo ...

Wed, 08 Apr 1998

JP/'Cakrawarta' starts services

'Cakrawarta' starts services JAKARTA (JP): Indonesia's first broadcasting satellite Cakrawarta I will commence test transmissions April 15, with full commercial services expected to start a month later, satellite operator Datakom Asia said yesterday.

Wed, 08 Apr 1998

JP/'Welcome to Sarajevo' is good reporting

'Welcome to Sarajevo' is good reportingBy Rayya Makarim JAKARTA (JP): Welcome to Sarajevo plunges the audience into a world of war correspondents who for several months have been covering the UN's 14th most dangerous place on earth, which is well on its way to topping the list.

Wed, 08 Apr 1998

JP/Bank stock sales push down JSX prices

Bank stock sales push down JSX prices JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) were dragged down 1.3 percent Monday by the heavy selling of bank stocks, stockbrokers said.The exchange was closed yesterday for Idul Adha, the Islamic Day of Sacrifice.