Futures commodity trading may start next year JAKARTA (JP): The government has begun working on the
implementation of a law on the futures commodity exchange, which
is expected to start operating next year, an official said
yesterday. More ...
Program for the rehabilitation of Indonesian banks JAKARTA (JP): The following is the full text of a statement on
the Indonesian banking reform issued by the government here
yesterday. More ...
Two people die in diarrhea outbreak KUPANG, East Nusa Tenggara: Two people have died and 865
others have been hospitalized in the latest diarrhea outbreak in
the Sumba Barat regency of the province's island of Sumba. More ...
Producers allege CPO smuggling JAKARTA (JP): Crude palm oil (CPO) producers in North Sumatra
have urged the Attorney General's Office to investigate alleged
CPO smuggling by PT Bukit Kapur Reksa through the Riau seaport of
Dumai. More ...
Can 'Asian values' help Asian economies out of crux?By Muhadi Sugiono YOGYAKARTA (JP): The Asian economic crisis has once again
brought the debate over "Asian values" to the fore. More ...
Freeze to debt servicing proposed JAKARTA (JP): The government proposed yesterday a temporary
halt in servicing Indonesia's huge foreign corporate debt in a
bid to ease pressure on the beleaguered rupiah to allow time for
negotiations. More ...
PWI urges publications not to dismiss journalists JAKARTA (JP): Chairman of the Indonesian Association of
Journalists (PWI) Sofjan Lubis asked all publications yesterday
not to dismiss employees as a way of surviving the monetary
crisis. More ...
ABRI donates 200 tons of rice SURABAYA, East Java: The Armed Forces (ABRI) here have donated
200 tons of rice to 33 drought-stricken villages in the province.East Java Military Chief Maj. Gen. More ...
Amien Rais warns against violent political reform JAKARTA (JP): Politician Amien Rais, who is running for the
1998/2003 presidency, reiterated yesterday that political reform
was the answer to the ongoing monetary crisis but warned against
sudden and violent state leadership succession. More ...
Govt to impose quota on log export JAKARTA (JP): The government will impose a quota on the export
of logs, sawn timber and rattan to guarantee a sufficient supply
for domestic demand, a minister said yesterday. More ...
Crisis ends if nationalism rises There has been plenty of educated, serious comments on the
current crisis in these letters and the issues are already clear.
My input in the dialog is restricted to observing some of the
most outstandingly ludicrous input from various people in power,
worldwide. More ...
Idul Fitri likely to fall tomorrow: Scholars SURABAYA (JP): Indonesia's largest Moslem organization
Nahdlatul Ulama (NU) may join Muhammadiyah members celebrating
Idul Fitri tomorrow rather than Friday as the government calendar
says. More ...
Where to go in Surabaya:Music and Entertainment * Mercure Grand Hotel, Jl. Raya Kupang Indah: Pasar Senggol with
traditional music - keroncong or langgam, every Wednesday night.
* Hyatt Regency Surabaya, Jl. Jend. More ...
Century old mummy found SAMARINDA, East Kalimantan: A mummy of a Dayak tribal chief
thought to be a century old was found deep in the wilderness
earlier this month by villagers of Tanjung Soke of Kutai regency. More ...
Teenage burned in attempted suicide JAKARTA (JP): A 16-year-old girl from Tambun district in
Bekasi, West Java suffered severe burns during a suicide attempt,
city police spokesman Lt. Col. E. Aritonang said on Monday. More ...
Rupiah gains ground on debt, banking reforms JAKARTA (JP): The rupiah strengthened to 11,000 to the U.S.
dollar yesterday on banking reforms, new measures to resolve
corporate debt and market intervention by Bank Indonesia. More ...
Economic reform without misery?By Omar Halim This is the first of two articles examining the prospects for
Indonesia's economy in light of the signing of a reinforced
economic program mid this month by President Soeharto and the
International Monetary Fund (IMF) managing director Michel
Camdessus. More ...
India's China policy seeks to court foeBy Brahma Chellaney NEW DELHI (JP): The recent visit to India by Wei Jianxing, the
sixth-ranking member in China's hierarchy, underscored efforts by
the world's two most populous nations that went to war in 1962 to
build closer, mutually beneficial relations. More ...
Three-in-one ruling may go after general session JAKARTA (JP): The three-in-one traffic regulation for
Jakarta's main thoroughfares is to be disbanded after the March
general session of the People's Consultative Assembly (MPR),
Governor Sutiyoso announced yesterday. More ...
Citra Marga holding food fair for poor JAKARTA (JP): Tollroad construction firm PT Citra Marga
Nusaphala Persada, a subsidiary of the Citra Group owned by Siti
Hardiyanti Rukmana, is holding a fair of cheap staple foods at
eight of the city's subdistricts considered as poor areas. More ...
Holiday exodus has peaked, but its not over yet JAKARTA (JP): Predictions that the peak of the holiday exodus
would fall yesterday -- three days before Idul Fitri -- turned
out to be incorrect as 180,000 people had left the city Sunday. More ...
Govt guarantees bank deposits JAKARTA (JP): The government announced massive banking reforms
yesterday to restore confidence in the system, guaranteeing the
embattled banking sector's deposits and debts and allowing
foreign ownership in local banks. More ...
No misuse of workers' funds, BPKP says JAKARTA (JP): The Development Finance Comptroller (BPKP) has
cleared Minister of Manpower Abdul Latief of any impropriety in
the use of state-owned social security company PT Jamsostek's
funds. More ...
Moslem coalition launches campaign to help the poor JAKARTA (JP): A coalition of Moslem organizations launched a
public service campaign yesterday to help alleviate people's
suffering during the monetary crisis. More ...
Rates for tax payment JAKARTA (JP): The government announced yesterday 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.The new conversion rates will be valid for one week, from Jan. More ...
Analysts, bankers, businesspeople laud banking reform JAKARTA (JP): Analyst, bankers and Indonesian businesspeople
commended yesterday the government's congenial measure to fortify
the country's frail banking sector, indicating such a move was
long overdue. More ...
Where to go in Bandung:Exhibition * Ramadhan Exhibition featuring Handicraft, Fashion, Food, at
the Lobby, Preanger Aerowisata Bandung Hotel, Jl. Asia Afrika No.
81, Central Bandung, 10 a.m. to 8 p.m., until Jan. 29. More ...
Arresting the rupiah's drop The new bold measures on corporate debts and bank
restructuring announced by the Indonesian government yesterday
directly address the main causes of the wild volatility and
downward spiral of the rupiah's exchange rate. More ...
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 27, 1998: Shares Close Change Trading Volume
-------------------------------------------------------------
Ades Alfindo ... More ...
Probe into gold bullion company widened after arrest JAKARTA (JP): Police will widen their probe into PT Pan
Bullion Prima, a private gold bullion trading company, after the
executive director was named a suspect.National Police spokesman Brig. Gen. More ...
Nokia will not hike cellular phone prices JAKARTA (JP): Finnish mobile phone producer Nokia has promised
not to raises prices of its mobile phones in Indonesia for the
next several months despite the rupiah's volatility against the
U.S. dollar. More ...
Jakartans warned about fire dangers JAKARTA (JP): Jakarta Fire Department urged residents,
especially those celebrating Idul Fitri outside the city, to
safeguard their houses before leaving. More ...
Belo rallies for crisis-hit daily DILI, East Timor: Dili Catholic leader Bishop Carlos Felipe
Ximenes Belo called on subscribers of the Suara Timor Timur
yesterday to help ease the financial burden that has severely
affected the newspaper. More ...
Tough policy key to cure crisisBy Jusuf Wanandi JAKARTA (JP): Indonesia is a developing nation which has to go
through crises and challenges to become an industrialized and
mature nation. Every developed nation today has gone through this
phase in its history. More ...
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim)
conversion rates on Jan. 27, 1998: Buying Selling Rp Rp U.S. dollar 1 9,900.00 12,900.00Austrian shilling 1 685. More ...
Capt. Suko faces calls for dismissal YOGYAKARTA: Military prosecutors are demanding Capt. Suko
Haryanto, who stands accused in a bribery case, be sentenced to
32 months in prison and be discharged from the police force.Prosecuting attorney Col. More ...
Dutch military unions battle for better conditionsBy Thor Kerr THE HAGUE (JP): Sailors, soldiers and air force crews cannot
fight their employers anywhere in the world, except the
Netherlands. More ...
'Media Indonesia' manager denies link to banned PRD JAKARTA (JP): The general manager of the Media Indonesia daily
Surya Paloh denied yesterday having any link to the banned
Democratic People's Party (PRD). More ...
SOFT LOANS FOR RI:JP/oby Indonesia and Japan signed diplomatic notes
for Japanese overseas development assistance yesterday, making
available loans to the sum of 195.2 billion yen (US$1.47
billion). More ...
Korean Tae Kwon Do coach still possibility JAKARTA (JP): The Indonesian Tae Kwon Do Association is
considering whether or not to extend the contract of Korean coach
Oh Il-nam for the 13th Asian Games in Bangkok in December and
other events this year. More ...
Idul Fitri Announcement: The government is expected to announce tonight
whether Idul Fitri falls tomorrow or Friday. Should it fall
tomorrow, then it will be declared a public holiday, and The
Jakarta Post will not appear accordingly. The newspaper will
resume publication on Sunday. More ...
Siswono highlights reasons behind Soeharto's renomination JAKARTA (JP): The country's political elite have renominated
incumbent President Soeharto because they are not ready to fill
his shoes, Minister of Transmigration Siswono Yudohusodo said
yesterday. More ...
TV todayTVRI 2:00 p.m. News: Berita 14
2:30 My Country
2:35 TV Series: Big Brother Jake
3:10 Indonesian Children
3:35 Talk Show: Kotak Pos
4:00 Regional News
4:30 Education Quiz: Cepat Tepat
5:10 Documentary: Masjid-Masjid Kuno di Jakarta
5:30 TV Drama: Menutup Mulut
6:00 News: ... More ...
Police gun down alleged robber JAKARTA (JP): A police officer shot dead an alleged robber and
wounded another after chasing them along Jl. Raya Teluk Gong in
North Jakarta yesterday morning.City police spokesman Lt. Col. E. Aritonang said the wounded
suspect escaped before he could be arrested. More ...
New plan on Kemang draws mixed reaction JAKARTA (JP): The city's decision to allow business owners in
Kemang, South Jakarta, who already possess legal permits to
continue operating has drawn a mixed reaction from councilors and
businesspeople. More ...
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