:: 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 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31

Searching for all articles published on 1998-07-01 ...

50 articles.

Wed, 01 Jul 1998

JP/Bekasi mayor fights against vice

Bekasi mayor fights against vice BEKASI (JP): Bekasi Mayor Nonon Sonthanie is determined to fight prostitution, which is believed to be on the rise in the city.He said there is no place for prostitutes to operate here. "Don't ever dream that there will be a redlight district here.

Wed, 01 Jul 1998

JP/A dangerous sluggishness

A dangerous sluggishness Some of the extremely dangerous problems this nation is facing really need to be solved immediately.

Wed, 01 Jul 1998

JP/Human rights welcome Wiranto's admission cautiously

Human rights welcome Wiranto's admission cautiously JAKARTA (JP): Human rights groups have welcomed cautiously Minister of Defense and Security Affairs/Armed Forces (ABRI) Commander Gen. Wiranto's admission that some members of the military were involved in the abductions of political activists.

Wed, 01 Jul 1998

JP/Exhibition highlights modern India sticks to its traditions

Exhibition highlights modern India sticks to its traditionsBy Izabel Deuff JAKARTA (JP): Unity in diversity, the Indonesian motto of Bhineka Tunggal Ika, is also India's. It could well summarize the week-long Indian Photo Exhibition held at the National Museum.

Wed, 01 Jul 1998

JP/GNOTA funds

GNOTA fundsFrom KompasOn the threshold of the new school year, parents face hard times because they must pay school fees. The situation is even more serious for lower economic classes in outer urban areas and in villages.

Wed, 01 Jul 1998

JP/'Puntila' on at TIM

'Puntila' on at TIM JAKARTA (JP): Drunkenness usually makes one forget reality. But for Puntila, a rich land owner from Finland, it helps him find his conscience.Puntila, who makes his money from colluding with government officials, is generous and kind when he is drunk.

Wed, 01 Jul 1998

JP/Keep up your good work!

Keep up your good work! Since we are leaving Indonesia on July 1, at the end of our four-year contract with the United Nations Development Program, I am reluctantly obliged to terminate my subscription to The Jakarta Post by end of June 1998.

Wed, 01 Jul 1998

JP/Garuda denies report

Garuda denies report Referring to your report entitled Garuda pilots ignore bomb threats, continue flights (June 28, page two), to avoid misperception on behalf of the readers and in order to put the report into proportion, I would like to clarify as follows:It is completely untrue that Garuda ...

Wed, 01 Jul 1998

JP/Writing the wrong epitaph

Writing the wrong epitaph Even Ferdinand Marcos would have thought it unlikely. A decade after his death, the dictator turned wonder of modern taxidermy continues to cause trouble in his homeland, where a plot awaits him in the Heroes Cemetery. In the history books that he liked, Mr.

Wed, 01 Jul 1998

JP/Planned meeting of Golkar improper: Try

Planned meeting of Golkar improper: Try JAKARTA (JP): Former vice president Try Sutrisno said yesterday that the planned meeting of Golkar's three major elements on Monday evening was against the proper procedures of the organization and thus had to be canceled.

Wed, 01 Jul 1998

JP/President B.J. Habibie names new MPR members

President B.J. Habibie names new MPR members JAKARTA (JP): President B.J. Habibie has appointed 41 new members of the People's Consultative Assembly (MPR) to replace members who he retired, had resigned or passed away.

Wed, 01 Jul 1998

JP/Soeharto still controls Golkar

Soeharto still controls Golkar What we witnessed on Monday was nothing other than the fact that (the ruling party) Golkar is still in turmoil. First, there was the issue of the grouping's planned coordinating meeting, which was to be held at the Armed Forces Headquarters at Cilangkap.

Wed, 01 Jul 1998

JP/New armed robbery adds to crime spate

New armed robbery adds to crime spate JAKARTA (JP): The city's recent rash of violent crime continued in the early morning hours yesterday when a group of armed robbers broke into the house of a diamond jeweler.

Wed, 01 Jul 1998

JP/Myanmar man arrested with 3.4kg of heroin

Myanmar man arrested with 3.4kg of heroin JAKARTA (JP): Customs officers and police detectives have arrested a man from Myanmar at the Soekarno-Hatta International Airport for allegedly smuggling 3.4 kilograms of high-grade heroin into the country, an official said yesterday.

Wed, 01 Jul 1998

JP/TV today

TV todayTVRI 12:15 p.m. World Cup Soccer (rerun) 2:00 News: Berita 14 2:30 Music 2:35 Children's Film: Jack of the Avonlea 3:05 Family's Film: Road to Avonlea 4:00 Regional News 4:30 Teen Program: Remaja Indonesia 5:00 Teen Drama: Angan-Angan 5:30 Education Quiz: Cepat Tepat 6:05 ...

Wed, 01 Jul 1998

JP/Conversion Rates

Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on June 30, 1998: Buying Selling Rp Rp U.S. dollar 1 14,250.00 15,250.

Wed, 01 Jul 1998

JP/Police too slow in probing forest fires: Minister

Police too slow in probing forest fires: Minister JAKARTA (JP): Minister of Forestry and Plantations Muslimin Nasution criticized the police yesterday for not moving to investigate 26 timber and plantation companies allegedly responsible for some of the country's recent forest fires.

Wed, 01 Jul 1998

JP/Soldiers fire rubber bullets

Soldiers fire rubber bullets BEKASI (JP): Protesting employees of steel manufacturer PT Gunung Garuda in Kampung Tengsi, in Cibitung, (left photo) clashed with military personnel yesterday, prompting the soldiers to shoot at least 20 of them with rubber bullets.

Wed, 01 Jul 1998

JP/MPI has new chairman

MPI has new chairman JAKARTA (JP): The Indonesia Forestry Society (MPI) has appointed Sudrajat D.P. as its chairman for the 1998/2003 tenure, replacing Abbas Adhar, who has held the position for only three months.

Wed, 01 Jul 1998

JP/Reforestation funds 'should be returned'

Reforestation funds 'should be returned' JAKARTA (JP): Minister of Forestry and Plantations Muslimin Nasution said yesterday he would try to get back reforestry funds used to buy shares of a company set up to finance domestic jet manufacturing.

Wed, 01 Jul 1998

JP/50,000 places still available

50,000 places still available SEMARANG: Despite the financial difficulties faced by many parents throughout the country, university students have apparently forgotten that some 50,000 government scholarships are still available.

Wed, 01 Jul 1998

JP/'Ojek' driver stabbed to death

'Ojek' driver stabbed to death JAKARTA (JP): A 40-year-old ojek (motorcycle taxi) driver was found dead in fields outside Cikadongan village in Bekasi yesterday morning.The man, identified as Nesim from Telajung village in Setu, had suffered five severe stab wounds to his back and one to his neck.

Wed, 01 Jul 1998

JP/Amien sets out his agenda for total reform

Amien sets out his agenda for total reform BOGOR, West Java (JP): Opposition figure Amien Rais set out yesterday his agenda of political, economic and legal reforms and warned that efforts to conduct these reforms should not be sidetracked by concerns over scarcity of basic commodities.

Wed, 01 Jul 1998

JP/Audit Soeharto's companies

Audit Soeharto's companies Allow me to propose to Minister of Finance Bambang Subianto and Director General of Taxation Anshari Ritonga that they should have the audacity to audit companies whose shares are controlled by the Soehartos, the family of Indonesia's former president, in the interests ...

Wed, 01 Jul 1998

JP/Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 30, 1998: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 450 0 ...

Wed, 01 Jul 1998

JP/Masyumi rehabilitation sought

Masyumi rehabilitation sought JAKARTA (JP): The Islamic Propagation Council in a meeting with President B.J. Habibie yesterday called on the government to restore the name of Masyumi, a dominant political party which was forced to disband by first president Sukarno in 1960.

Wed, 01 Jul 1998

JP/PT Indorama export revenues increase

PT Indorama export revenues increase JAKARTA (JP): PT Indorama Synthetics, one of the country's major polyester producers, expects to earn higher revenues from exports this year.Indorama's senior finance manager V.S.

Wed, 01 Jul 1998

JP/Shop-house building torn down

Shop-house building torn down BOGOR (JP): Parts of a four-story shop-house building project on Jl. Raya Tajur in Sindangsari subdistrict here have finally been demolished as they cling to the nearby riverbank.

Wed, 01 Jul 1998

JP/Sports council to ask elite for Asiad cash

Sports council to ask elite for Asiad cash JAKARTA (JP): The National Sports Council has invited members of the country's business elite who have in the past supported sports development in the country to a meeting to discuss a program to raise funds for the team competing in the 13th Asian Games ...

Wed, 01 Jul 1998

JP/Firms don't pay dividend

Firms don't pay dividend JAKARTA (JP): Publicly-listed firms PT Unggul Indah Corporation (UIC), PT Bank Arya Panduarta and PT Bank Indovest all booked profits last year despite the crisis but decided not to distribute dividends.

Wed, 01 Jul 1998

JP/Emergency law

Emergency law I sent a letter to the editor of The Jakarta Post in which I proposed that the government start thinking about proclaiming an emergency law (in Dutch: SOB), because of the worsening situation.

Wed, 01 Jul 1998

JP/Women killed after marriage proposal

Women killed after marriage proposal JAKARTA (JP): Holding back tears and looking down at the floor, the confessed killer of the woman whose dismembered body was found in two separate places last week revealed the bizarre murder to reporters yesterday.

Wed, 01 Jul 1998

JP/Minimum wages raised by 15%

Minimum wages raised by 15% JAKARTA (JP): The Ministry of Manpower announced yesterday it will increase minimum wages by an average of 15 percent from Aug. 1.

Wed, 01 Jul 1998

JP/3,000 demonstrate at Maumere council

3,000 demonstrate at Maumere council MAUMERE, East Nusa Tenggara: About 3,000 people held a demonstration in front of the council building here yesterday to demand that the price of electricity and basic commodities be reduced.

Wed, 01 Jul 1998

JP/Affirmative action could ease racial tension: Expert

Affirmative action could ease racial tension: Expert JAKARTA (JP): An affirmative action policy assisting indigenous entrepreneurs could help ease tension with Chinese- Indonesians who run most of the economy, Jusuf Wanandi of the Centre for Strategic and International Studies (CSIS) says.

Wed, 01 Jul 1998

JP/EU ambassadors end four-day Dili trip

EU ambassadors end four-day Dili trip JAKARTA (JP): Three European Union ambassadors left Dili, East Timor, yesterday at the end a four-day visit which saw tensions rise between pro- and anti-integration supporters in the troubled province.

Wed, 01 Jul 1998

JP/BI urged to cut rates to revive economy

BI urged to cut rates to revive economy JAKARTA (JP): Prominent economist Sumitro Djojohadikusumo urged Bank Indonesia yesterday to cut interest rates in a bid to restore the ailing banking industry and revive business activities in the real sector.

Wed, 01 Jul 1998

JP/Sutiyoso revokes his decision on pedicabs

Sutiyoso revokes his decision on pedicabs JAKARTA (JP): After only seven days of allowing becak (pedicabs) to operate again in the city, Governor Sutiyoso changed his mind yesterday and revoked his own decision on the man-powered three-wheeled vehicles.

Wed, 01 Jul 1998

JP/Rupiah, stocks gain ground on private debt effect

Rupiah, stocks gain ground on private debt effect JAKARTA (JP): Indonesian markets gained ground yesterday with the rupiah improving to 14,700 against the U.S. dollar and stock prices rising 3.4 percent as private debt arrangements agreed in Frankfurt earlier last month came into affect today.

Wed, 01 Jul 1998

JP/Hero needs Rp 100b to renovate outlets

Hero needs Rp 100b to renovate outlets JAKARTA (JP): The country's retail chain PT Hero Supermarket will need around Rp 100 billion (US$6.66 million) in fresh funds to renovate its damaged outlets in greater Jakarta, the company's top executive said here yesterday.

Wed, 01 Jul 1998

JP/Parni named new general manager of 'Antara'

Parni named new general manager of 'Antara' JAKARTA (JP): Senior journalist Parni Hadi is slated to be sworn in as the new general manager of the government's Antara news agency on Friday, replacing Handjojo Nitimihardjo who has held the post since 1986.President B.J.

Wed, 01 Jul 1998

JP/Clinton appeases China, in China

Clinton appeases China, in China The Jakarta Post's Asia correspondent Harvey Stockwin continues a series of articles on President Bill Clinton's current visit to China with an analysis of the ways in which Clinton appeased China -- even while the visit was proceeding.

Wed, 01 Jul 1998

JP/Students should stay out of politicking: Expert

Students should stay out of politicking: Expert JAKARTA (JP): The country's students, who were at the forefront of the reform movement which led to former president Soeharto's downfall, should refrain from politicking and remain merely a neutral moral force, observers said here yesterday.

Wed, 01 Jul 1998

JP/New phone exchanges

New phone exchanges JAKARTA (JP): State telecommunications company PT Telkom will soon open two new automatic telephone exchanges in Sukatani and Terumajaya districts in Bekasi to replace the current rural radio technology facilities.

Wed, 01 Jul 1998

JP/Building gutted by fire

Building gutted by fire JAKARTA (JP): A fire gutted the premises of all three businesses in a two-story building on Jl. Kramat Pulo in Central Jakarta yesterday afternoon.The fire started at 3:20 p.m.

Wed, 01 Jul 1998

JP/PDFCI needs Rp 3.2t to live

PDFCI needs Rp 3.2t to live JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) said yesterday it would need Rp 3.2 trillion (US$228.5 million) in fresh funding to recapitalize the debt-ridden Bank PDFCI to meet the minimum capital requirement of 4 percent by the end of this year.

Wed, 01 Jul 1998

JP/Habibie gives basic needs top priority

Habibie gives basic needs top priority JAKARTA (JP): President B.J. Habibie has ordered the country's 27 provincial governors to prioritize the procurement of basic essentials for the people in their budgetary planning.

Wed, 01 Jul 1998

JP/Bakrie in talks to reach debt restructuring accord

Bakrie in talks to reach debt restructuring accord JAKARTA (JP): Publicly listed PT Bakrie & Brothers said yesterday that it expected to reach an agreement with its international creditors by the end of 1998 to restructure its US$1.2 billion of overseas debt.

Wed, 01 Jul 1998

JP/Restore managed exchange rate system: Mar'ie

Restore managed exchange rate system: Mar'ie JAKARTA (JP): Former minister of finance Mar'ie Muhammad called on the government to reintroduce a managed exchange rate system to prevent further fall in the value of the battered rupiah yesterday.

Wed, 01 Jul 1998

JP/Flash floods hit Tolitoli

Flash floods hit Tolitoli TOLITOLI, Central Sulawesi: Flash floods triggered by several days of incessant rain inundated a transmigration site in Buol Tolitoli district over the weekend forcing the evacuation of 967 people.