:: 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 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28

Searching for all articles published on 1998-02-11 ...

38 articles.

Wed, 11 Feb 1998

JP/Strong reactions greet Lee's Asia crisis comment

Strong reactions greet Lee's Asia crisis comment JAKARTA (JP): Former Singapore prime minister Lee Kuan Yew's remark that Asia's financial crisis could worsen if the market was uncomfortable with Indonesia's next vice president was met with strong reactions here yesterday.

Wed, 11 Feb 1998

JP/Thailand to donate 5,000 tons of rice

Thailand to donate 5,000 tons of rice JAKARTA (JP): Thai Foreign Minister Surin Pitsuwan said yesterday his government would donate 5,000 tons of rice and one million baht (US$20,000) worth of medicines to Indonesia as a token of solidarity.

Wed, 11 Feb 1998

JP/Industry groups oppose scrapping of 3-in-1 system

Industry groups oppose scrapping of 3-in-1 system JAKARTA (JP): The city administration has met with opposition following its announcement that car stickers would replace the three-in-one traffic regulation after next month's General Session of the People's Consultative Assembly (MPR).

Wed, 11 Feb 1998

JP/SEAG consortium's report due today

SEAG consortium's report due today JAKARTA (JP): The 19th SEA Games consortium has been asked to submit its accountability report on its management of the Games budget to State Minister for Youth Affairs and Sport Hayono Isman today.

Wed, 11 Feb 1998

JP/Police arrest oil hoarder

Police arrest oil hoarder SEMARANG: Police here have detained a man on charges of hoarding 1,386 drums and 8,335 boxes of lubricants worth hundreds of millions of rupiah."The place was raided after a tip-off by local residents," Semarang police chief Lt. Col. Soenarko told reporters yesterday.

Wed, 11 Feb 1998

JP/Crude palm oil export ban will continue: Minister

Crude palm oil export ban will continue: Minister JAKARTA (JP): The government has extended its export ban on crude palm oil (CPO) until a yet to be decided time, Minister of Industry and Trade Tunky Ariwibowo has announced.

Wed, 11 Feb 1998

JP/Golkar affiliates told not to name VP candidates

Golkar affiliates told not to name VP candidates JAKARTA (JP): President Soeharto moved yesterday to curb growing speculation over who might be the next vice president by prohibiting organizations affiliated to the ruling Golkar from naming any names.

Wed, 11 Feb 1998

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb.10, 1998: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo ...

Wed, 11 Feb 1998

JP/Pontianak's mandarin growers feel the big squeeze

Pontianak's mandarin growers feel the big squeezeBy R. Masri Sareb Putra SAMBAS, West Kalimantan (JP): Those unfamiliar with West Kalimantan often assume its famed Pontianak mandarin oranges really do come from the provincial capital.

Wed, 11 Feb 1998

JP/Companies offer way out of monetary crisis

Companies offer way out of monetary crisisBy C.J. de Koning JAKARTA (JP): Indonesian companies until recently were the engine of Indonesia's economic growth. They produced, they exported and imported.

Wed, 11 Feb 1998

JP/Military denies orchestrating unrest

Military denies orchestrating unrest JAKARTA (JP): The Indonesian Armed Forces (ABRI) opened its annual leadership meeting yesterday deflecting allegations that it was orchestrating unrest for political or tactical gain or to divert attention from the country's economic turmoil.

Wed, 11 Feb 1998

JP/TV today

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 Film: Road to Avonlea 6:00 News: Lintasan Berita 6:05 My Beloved Country 6:15 ...

Wed, 11 Feb 1998

JP/TV ad on KARA

TV ad on KARA I wish to comment on the TV commercial for KARA, a tetra- packed coconut milk. The commercial features a Chinese model who speaks in Mandarin to represent Singapore.

Wed, 11 Feb 1998

JP/Currency peg reports cause rupiah to soar

Currency peg reports cause rupiah to soar JAKARTA (JP): The rupiah surged against the U.S. dollar yesterday on reports that the government might peg the currency to the greenback.Currency dealers said that spot rupiah closed at 7,400/7,600 against the U.S.

Wed, 11 Feb 1998

JP/Beware of floods: Official

Beware of floods: Official JAKARTA (JP): A city administration official warned Jakartans yesterday to prepare themselves for possible major floods.

Wed, 11 Feb 1998

JP/Bomb hoax plotter at large

Bomb hoax plotter at large MEDAN: The police still have no clue as to who left a hoax bomb in a Bank Danamon automatic teller machine booth at Polonia Airport here Monday, police said yesterday.

Wed, 11 Feb 1998

JP/Military to hand over photographs of Yorris

Military to hand over photographs of Yorris JAKARTA (JP): City military command says it has incriminating evidence about the alleged gambling activities of Yorris Raweyai, a Golkar representative in the People's Consultative Assembly (MPR).The command spokesman, Lt. Col. DJ.

Wed, 11 Feb 1998

JP/Local comics try to draw a better image

Local comics try to draw a better imageBy Rita A. Widiadana JAKARTA (JP): Local comics, dogged by damning tags as vulgar and unsophisticated, have their work cut out for them in winning over readers.

Wed, 11 Feb 1998

JP/Future uncertain for Refah party

Future uncertain for Refah party LONDON: On Jan. 16, 1998, Turkey's Constitutional Court announced the closure of the pro-Islamic Refah (Welfare) Party on the grounds that it had violated the Constitution's secularist provisions.

Wed, 11 Feb 1998

JP/'Total reform' necessary to heal crisis

'Total reform' necessary to heal crisis Indonesia is witnessing growing demands for economic and political reform as the best way to overcome the economic crisis.

Wed, 11 Feb 1998

JP/Export companies face L/C problems

Export companies face L/C problems JAKARTA (JP): Export companies said yesterday local banks still required them to pay high security deposits before issuing letters of credit for imports despite central bank guarantee.The chairman of the Indonesian Footwear Association, Anton J.

Wed, 11 Feb 1998

JP/Conversion Rates

Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on Feb.10, 1998: Buying Selling Rp Rp U.S. dollar 1 6,000.00 9,000.

Wed, 11 Feb 1998

JP/Latest bomb hoaxes at bank building and bus terminal

Latest bomb hoaxes at bank building and bus terminal JAKARTA (JP): Fresh bomb hoaxes continued to hit the city yesterday, keeping police busy sweeping a number of places where bombs were reportedly planted.City police spokesman Lt. Col. E.

Wed, 11 Feb 1998

JP/Bomb explodes in Tarakan

Bomb explodes in Tarakan SAMARINDA: Bombs dating from World War II exploded yesterday in Tarakan, East Kalimantan, shocking local residents.Tarakan military chief Lt. Col. Soekarno, said that residents were jolted awake by a series of explosions.

Wed, 11 Feb 1998

JP/Pegging the rupiah

Pegging the rupiah The economic crisis facing the nation as a result of volatility and weakness in the rupiah exchange rate demonstrates how fundamental a stable currency is to a healthy and growing economy.

Wed, 11 Feb 1998

JP/Nine Filipinos deported

Nine Filipinos deported MANADO, North Sulawesi: Nine Filipinos have been repatriated by the provincial immigration office here following their arrest for illegally entering northern Maluku's waters.

Wed, 11 Feb 1998

JP/MUI calls for 'jihad' to protect country

MUI calls for 'jihad' to protect country JAKARTA (JP): The Indonesian Ulemas Council concluded its three-day congress by calling on Moslems to wage a jihad (holy war) alongside the government and the military to protect the country from political and economic pressures.

Wed, 11 Feb 1998

JP/Man tried for smuggling pistol

Man tried for smuggling pistol TANGERANG (JP): A former waiter was indicted at the Tangerang District Court yesterday for attempting to smuggle a pistol into the country from the United States.

Wed, 11 Feb 1998

JP/Wiranto calls for alertness over rumors

Wiranto calls for alertness over rumors BANDUNG (JP): Army Chief of Staff Gen. Wiranto has called on the public to be alert for rumors spread by people seeking to instigate unrest and divide people."If need be, treat those rumors as you would rubbish," he said here Monday.

Wed, 11 Feb 1998

JP/Habibie reprimands LIPI staff

Habibie reprimands LIPI staff JAKARTA (JP): State Minister of Research and Technology B.J. Habibie has reprimanded 19 researchers of the National Institute of Sciences who issued a statement last month demanding a new national leader.

Wed, 11 Feb 1998

JP/India suffer malnutrition amidst plenty

India suffer malnutrition amidst plenty More than two-thirds of India's pre-schoolers are malnourished and it is safe to assume that most of those affected are girls, writes R. Dev Raj of Inter Press Service.

Wed, 11 Feb 1998

JP/Sofjan Wanandi questioned at city police HQ

Sofjan Wanandi questioned at city police HQ JAKARTA (JP): Businessman Sofjan Wanandi was questioned for at least eight hours at Jakarta Police Headquarters yesterday in connection with last month's explosion at a Tanah Tinggi apartment in Central Jakarta.City police spokesman Lt. Col. E.

Wed, 11 Feb 1998

JP/China's challenges

China's challenges Two items of news from Beijing this week underlined the sheer immensity of the economic challenge which China is facing.

Wed, 11 Feb 1998

JP/ITB alumni stage rally, activists denounce violence

ITB alumni stage rally, activists denounce violence JAKARTA (JP): Twenty-five alumni of the Bandung Institute of Technology (ITB) staged a street demonstration here yesterday to demand a change in the national leadership after police barred them from holding a news conference.

Wed, 11 Feb 1998

JP/The fate of rupiah

The fate of rupiah I have been worried ever since the rupiah began to fall, not because I have particular need of dollars, but because the rupiah has lost its credibility as a means of exchange. Now rupiah are just like any another commodities, with a value determined at will by speculators.

Wed, 11 Feb 1998

JP/Singgih denies police have right to probe graft

Singgih denies police have right to probe graft JAKARTA (JP): Attorney General Singgih denied yesterday law enforcement agencies had agreed to allow the police to investigate corruption cases.

Wed, 11 Feb 1998

JP/New bank capital requirement set at Rp1t

New bank capital requirement set at Rp1t JAKARTA (JP): Bank Indonesia, the central bank, will raise the minimum paid-up capital requirement for domestic banks to Rp 1 trillion (US$125 million) from Rp 50 billion and Rp 150 billion at present to strengthen the country's banking system.

Wed, 11 Feb 1998

JP/Currency peg disadvantageous for RI: Analysts

Currency peg disadvantageous for RI: Analysts JAKARTA (JP): The establishment of a currency board system (CBS), which would peg the rupiah to a foreign currency, would be disadvantageous for Indonesia, analysts have said.