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Tue, 17 Feb 1998

JP/A loss of reason

A loss of reason In times of crisis base emotions often triumph over reason. For Indonesians, this age-old axiom is not hard to understand at this particular point in their history as a nation.

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Tue, 17 Feb 1998

JP/Clubs said to be at fault in collusion

Clubs said to be at fault in collusion JAKARTA (JP): Club officials should also share the blame for any collusion between referees and clubs, chief referee Djafar Umar says.

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Tue, 17 Feb 1998

Yemeni state visit JAKARTA (JP): Yemeni President Ali Abdullah Saleh is scheduled to arrive here Thursday for a four-day state visit.Minister/State Secretary Moerdiono said the main purpose of the visit was to strengthen bilateral relations between the two countries.

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Tue, 17 Feb 1998

JP/Govt to continue fuel subsidy for the poor

Govt to continue fuel subsidy for the poor JAKARTA (JP): Minister of Mines and Energy I.B. Sudjana said yesterday the government would continue subsidizing fuels used by the poor to prevent them from suffering large price increases.

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Tue, 17 Feb 1998

JP/Rare buffaloes endangered

Rare buffaloes endangered KENDARI, Southeast Sulawesi: The population of rare buffaloes in Southeast Sulawesi has continued to decline because of illegal hunting and logging, an official said.

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Tue, 17 Feb 1998

JP/Conversion Rates

Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on Feb.16, 1998: Buying Selling Rp Rp U.S. dollar 1 8,500.00 11,500.

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Tue, 17 Feb 1998

JP/High Tide for 'Global Economy'?

High Tide for 'Global Economy'?By Gwynne Dyer LONDON (JP): Whom the gods would destroy, they first make very arrogant.

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Tue, 17 Feb 1998

JP/Seven killed in landslide

Seven killed in landslide WONOSOBO, Central Java: A land slide triggered by incessant rain killed at least seven people, seriously injured another five and wrecked four houses Saturday, a report said yesterday.

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Tue, 17 Feb 1998

JP/Wiranto installed, Prabowo promoted

Wiranto installed, Prabowo promoted JAKARTA (JP): New Indonesian Armed Forces Commander Gen. Wiranto vowed to get tough on any attempts to disrupt national development yesterday.

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Tue, 17 Feb 1998

JP/Moslem youths protest hoarding

Moslem youths protest hoarding TANGERANG (JP): At least 40 Moslem youths flocked to Tangerang mayoralty's office yesterday to protest the municipality's sluggish response to the rising prices of basic staple foods, partly due to hoarding.

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Tue, 17 Feb 1998

JP/Crisis and expats

Crisis and expats After reading the Sunday edition of The Jakarta Post I was relieved to learn that somebody has finally discovered who is responsible for recent problems in the Indonesian economy. The expatriate workers, of course.

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Tue, 17 Feb 1998

JP/TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Children's Film: The Big Valley 3:10 Teenager's Program: Remaja Indonesia 3:35 Music: Lagu Pop Daerah 4:30 Science and Technology 5:00 English Lessons 5:30 Documentary 6:00 Nusantara, The Beloved Country 6:15 Village ...

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Tue, 17 Feb 1998

JP/Rupiah weakens in response peg and riots

Rupiah weakens in response peg and riots JAKARTA (JP): The rupiah again crossed the 10,000 barrier against the U.S. dollar yesterday on growing international concern over a fixed exchange rate plan for the currency and spreading riots.

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Tue, 17 Feb 1998

JP/MMC hospital raises room rates

MMC hospital raises room rates JAKARTA (JP): The economic crisis has forced the Metropolitan Medical Center (MMC) Hospital in Kuningan, South Jakarta, to raise its upper-class room rates by 10 percent since last month, its development director, Robby Tandiari, said Saturday.

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Tue, 17 Feb 1998

JP/Editing arrogance

Editing arrogance Those of us who have, over many years, contributed to the "Your Letters" column, and subscribed to the newspaper, are well aware that the editorial arrogance of The Jakarta Post team knows no bounds.

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Tue, 17 Feb 1998

JP/Dharmala building target of bomb hoax

Dharmala building target of bomb hoax JAKARTA (JP): A bomb threat prompted the evacuation of 2,000 office workers from Wisma Dharmala Sakti building on Jl. Jend. Sudirman, South Jakarta yesterday.A phone call was received at 9 a.m.

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Tue, 17 Feb 1998

JP/Where to go in Bandung:

Where to go in Bandung:Exhibitions * Painting Exhibition: International Indonesian Paintings Exhibition 1998 by Jeihan, Popo, Erica Hestu Wahyuni, Krisna Murti, Faizal, Maria Tjui, etc., at Grand Aquila Hotel, lobby, Jl. Dr. Djundjunan No. 116, until Feb. 28.

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Tue, 17 Feb 1998

JP/Tangerang to raise tap water tariffs

Tangerang to raise tap water tariffs TANGERANG (JP): Regency-owned drinking water company PDAM Tangerang will raise its tariffs for tap water supplied to Jakarta 26.6 percent, a company director said over the weekend.

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Tue, 17 Feb 1998

JP/Alatas opens UN backed disarmament conference

Alatas opens UN backed disarmament conference JAKARTA (JP): Minister of Foreign Affairs Ali Alatas opened a conference on disarmament yesterday by calling on regional nuclear powers to respect Southeast Asia's desire to remain free of nuclear weapons and to support a landmark treaty signed ...

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Tue, 17 Feb 1998

JP/More hot spots detected in Kalimantan

More hot spots detected in Kalimantan JAKARTA (JP): Minister of Forestry Djamaludin Suryohadikusumo said satellite imagery from the U.S. National Oceanic and Atmospheric Administration had revealed 895 hot spots in East Kalimantan yesterday.Last Tuesday 200 hot spots were detected.

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Tue, 17 Feb 1998

JP/She does it to support family

She does it to support familyBy Sri Wahyuni YOGYAKARTA (JP): Endah Fariana claims any woman can do what she does for a living -- drive an inter-provincial bus for 600 kilometers every day -- though she concedes that not many would want to.

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Tue, 17 Feb 1998

JP/Tycoons to donate food packages to 100,000 families

Tycoons to donate food packages to 100,000 families JAKARTA (JP): Three of the country's tycoons -- Sudono Salim, Sukamdani Sahid Gitosardjono and The Nin King -- pledged yesterday to provide staple food worth Rp 3 billion to 100,000 Jakarta families.

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Tue, 17 Feb 1998

JP/Fresh riots hit West Java and S. Sumatra towns

Fresh riots hit West Java and S. Sumatra towns BANDUNG (JP): Fresh rioting hit the West Java town of Pangalengan yesterday while unrest continued in the South Sumatra subdistrict of Pagaralam.

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Tue, 17 Feb 1998

JP/Habibie unchallenged in VP election

Habibie unchallenged in VP election JAKARTA (JP): Golkar chairman Harmoko bowed out of the vice presidential race yesterday, leaving the coast clear for State Minister of Research and Technology B.J. Habibie to press forward unchallenged.

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Tue, 17 Feb 1998

JP/Bakrie meets creditors

Bakrie meets creditors JAKARTA (JP): PT Bakrie & Brothers held a meeting with representatives of its international creditors yesterday to restructure its foreign debts.

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Tue, 17 Feb 1998

JP/New chief for Bogor prosecutors

New chief for Bogor prosecutors BOGOR (JP): Djuharia Anwar, 50, was installed yesterday as head of the Bogor Prosecutor's Office.He replaced Umar, who has been promoted to head the legal affairs and enforcement subdirectorate of the Attorney General's Office directorate of economic crimes.

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Tue, 17 Feb 1998

JP/Pudjiadi sells assets to pay foreign debts

Pudjiadi sells assets to pay foreign debts JAKARTA (JP): Publicly listed hotel operator PT Pudjiadi & Sons Estates Ltd. is selling its property assets in the U.S. to pay its foreign debts.The company's shareholders agreed Feb.

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Tue, 17 Feb 1998

JP/State timber firms in Sumatra to merge

State timber firms in Sumatra to merge JAKARTA (JP): State timber companies PT Inhutani IV and PT Inhutani V will be merged into a single company, a minister said yesterday.

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Tue, 17 Feb 1998

JP/Soybean import duty lifted

Soybean import duty lifted JAKARTA (JP): The government has abolished its 20 percent import duty on soybeans to curb further price increases of the commodity in the domestic market.The Ministry of Finance said yesterday that the move was needed to stabilize soybean trading.

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Tue, 17 Feb 1998

JP/Kim Dae-yung completes comeback

Kim Dae-yung completes comeback In the first of several articles on Kim Dae-jung's accession to the presidency of South Korea, our Asia correspondent Harvey Stockwin describes Kim's remarkable comeback, his partnership with Kim Jong-pil, the third of the legendary "three Kims" and their plans for ...

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Tue, 17 Feb 1998

JP/Bulog to supply 4.3m tons of rice in 1998/1999

Bulog to supply 4.3m tons of rice in 1998/1999 JAKARTA (JP): The State Logistics Agency (Bulog) said yesterday it would supply 4.3 million tons of rice to the market in the 1998/1999 fiscal year to ensure price stability.

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Tue, 17 Feb 1998

JP/Private schools delay fee hike plans

Private schools delay fee hike plans JAKARTA (JP): Some private schools in the city have temporarily postponed increasing monthly tuition fees and the upcoming yearly admission payment due to the nation's economic woes.

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Tue, 17 Feb 1998

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 16, 1998: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 575 ...

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Tue, 17 Feb 1998

JP/Indonesia's currency board dilemma

Indonesia's currency board dilemma It is quite normal for international financial institutions (the IMF and the World Bank) to say that Indonesia should not rush into implementing the currency board system before it has fully implemented its current economic reform package.

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Tue, 17 Feb 1998

JP/Two newborns abandoned on the capital's streets

Two newborns abandoned on the capital's streets JAKARTA (JP): Two newborns, believed to be one day old, were found dead in separate places in the capital yesterday morning.

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Tue, 17 Feb 1998

JP/PT Nestle defends its Tangerang distributor

PT Nestle defends its Tangerang distributor JAKARTA (JP): PT Nestle Indonesia, one of the country's largest milk producers, denied yesterday that its Tangerang-based distributor PT Pangan Elok Mandiri housed stockpiles of its products.

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Tue, 17 Feb 1998

JP/Govt to consult IMF on CBS plan, minister says

Govt to consult IMF on CBS plan, minister says JAKARTA (JP): The government will consult the International Monetary Fund (IMF) over its plan to adopt a currency board system which would peg the rupiah to a fixed exchange rate, the state minister of national development planning said yesterday.

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Tue, 17 Feb 1998

JP/CBS may rock banking industry and forex reserves

CBS may rock banking industry and forex reserves The government's plan to adopt the Currency Board System (CBS) has raised public debate on its advantages and disadvantages. Economist Kwik Kian Gie looks at the risks of the system.

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Tue, 17 Feb 1998

JP/Rates for Tax Payment

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 Feb.

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Tue, 17 Feb 1998

JP/U.S. investors show interest in agricultural industry

U.S. investors show interest in agricultural industry JAKARTA (JP): U.S. investors have expressed interest in Indonesia's agricultural sector, an executive of the Indonesian Chamber of Commerce and Industry (Kadin) has said.The head of Kadin's U.S.

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Tue, 17 Feb 1998

JP/Warning of riots

Warning of riots It is an unfortunate fact that, in the run-up to the presidential election, there is going to be an increase in civil unrest.

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Tue, 17 Feb 1998

JP/Emil exercises democracy with VP bid

Emil exercises democracy with VP bid JAKARTA (JP): Landslide support for B.J. Habibie failed to push former environment minister Emil Salim out of the race for the vice presidency yesterday.

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Tue, 17 Feb 1998

JP/Soeharto-Habibie duo in next month's elections

Soeharto-Habibie duo in next month's elections JAKARTA (JP): State Minister of Research and Technology B.J. Habibie has a clear run-in to the vice presidential elections, now that his main rivals have bowed out.

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Tue, 17 Feb 1998

JP/Japanese govt pledges to assist Indonesia

Japanese govt pledges to assist Indonesia JAKARTA (JP): The Japanese government has reaffirmed its previous pledge that it would help Indonesia resolve its economic crisis.

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