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Mon, 19 Jan 1998
Hartono sets pace in race for VP: Analyst
Hartono sets pace in race for VP: Analyst JAKARTA (JP): With incumbent President Soeharto looking set to stay in power, Minister of Information R. Hartono has the greatest chance to fill the vice presidential seat, a political analyst believes.
Mon, 19 Jan 1998
USDA sees recovery in Asian farm demand
USDA sees recovery in Asian farm demand SINGAPORE (Reuters): The USDA's General Sales Manager Chris Goldthwait said farm imports by Southeast Asian countries and South Korea were expected to drop sharply short-term, but a fairly quick recovery was likely in demand for staple commodities such as...
Mon, 19 Jan 1998
U.S. gives seeds to Irian Jaya
U.S. gives seeds to Irian Jaya WAMENA, Irian Jaya: The United States has donated 76,203 tons of crop seeds to the drought-hit regency of Jayawijaya in Irian Jaya.Antara reported Thursday that the donation -- which includes the hybrid corn, red bean, potato, and carrot seed -- was handed over here...
Mon, 19 Jan 1998
Pertamina denies fuel import snags
Pertamina denies fuel import snags JAKARTA (JP): State-owned oil and gas company Pertamina has denied it is facing cash-flow problems to import fuel amid the sharp depreciation of the rupiah against the U.S. dollar."There is no such cash-flow problem.
Mon, 19 Jan 1998
Entering the free trade era
Entering the free trade era Indonesians, as members of a pluralistic society, may or may not agree with the International Monetary Fund's reform package. We are being forced to open ourselves widely to competition from other nations when we are still scarcely prepared in terms of legal framework...
Mon, 19 Jan 1998
Ginandjar Kartasasmita cautious on VP nomination
Ginandjar Kartasasmita cautious on VP nomination JAKARTA (JP): State Minister for National Development Planning Ginandjar Kartasasmita has given a cautious response to calls for him to be put forward as a vice presidential candidate by SOKSI, a labor organization affiliated to the dominant Golkar.
Mon, 19 Jan 1998
Newsprint price shrinks daily
Newsprint price shrinks daily DILI, East Timor: The monetary crisis and the resulting soaring price of newsprint has forced the local Suara Timor Timur daily to suspend publication temporarily.The daily will not appear from Jan. 27 until Feb. 2, when it will change the regularity of its publication.
Mon, 19 Jan 1998
Govt denies IMF dictated reform package content
Govt denies IMF dictated reform package content JAKARTA (JP): The government has denied accusations that it allowed the International Monetary Fund (IMF) to dictate the content of last week's economic reforms in return for the US$43 billion international rescue package.
Mon, 19 Jan 1998
Poultry ban for 6 months
Poultry ban for 6 months JAKARTA (JP): The ministry of agriculture said here Saturday that a ban on poultry imports, particularly from Hong Kong and mainland China, introduced on Jan. 1 would continue for six months.Head of the ministry's public relations department Darman B.
Mon, 19 Jan 1998
Jakarta 'to be raided' by vagrants, beggars
Jakarta 'to be raided' by vagrants, beggars JAKARTA (JP): The capital city will likely be "raided" by thousands of vagrants and beggars during the Idul Fitri festive season, an official said over the weekend.
Mon, 19 Jan 1998
Medco Energi basks in optimism despite crisis
Medco Energi basks in optimism despite crisisBy Johannes Simbolon JAKARTA (JP): The country's biggest private oil and gas company, Medco Energi Corporation, is optimistic about 1998 after making some impressive achievements last year amid the monetary crisis.
Mon, 19 Jan 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Cartoon Film: The Big Valley 3:10 TV Drama: Saat-Saat Bersama 3:35 Religious Teachings: Buddha 4:00 Regional News 4:30 Creative Program: Karya Tepat Guna 5:00 Indonesian Lessons 5:25 Variety Show 5:30 TV Drama: Sebagai Pembeda 6:00 News:...
Mon, 19 Jan 1998
Malaysian bankruptcies surge 14-fold
Malaysian bankruptcies surge 14-fold KUALA LUMPUR (AFP): Malaysia's economic crisis prompted a 14- fold surge in bankruptcies to 6,578 in the first 11 months of 1997, up from 439 for the same period a year earlier, a report said yesterday.
Mon, 19 Jan 1998
KL to cull foreign workers in fishing
KL to cull foreign workers in fishing KUALA LUMPUR (AP): Intensifying Malaysia's crackdown on foreign workers, the Terengganu State Fisheries Department said yesterday it will reduce the number of foreigners working on deep-sea fishing boats.
Mon, 19 Jan 1998
GRORTT seeks UN mediation
GRORTT seeks UN mediation MAUMERE, East Nusa Tenggara: A newly formed group calling itself the Movement for East Timorese Unity and Reconciliation (GRORTT) has sent a letter to the United Nations demanding an independent team be sent to judge whether it is "antiintegration" as local officials...
Mon, 19 Jan 1998
Merpati hopes to earn Rp 40.5b profit in 1998
Merpati hopes to earn Rp 40.5b profit in 1998 JAKARTA (JP): State-owned air carrier Merpati Nusantara Airlines, which has suffered financial problems for several years, expects to post a Rp 40.5 billion (US$5.1 million) profit this year.
Mon, 19 Jan 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Photo Exhibition: 100 old photos from Indonesia and Singapore, at Galeri TC (Twilight Cafe), Jl. Kemang Raya No.24A South Jakarta, Sunday to Thursday, 11:30 a.m. to 12 p.m., Friday to Saturday 11:30 a.m. to 2 a.m., until Jan. 29.
Mon, 19 Jan 1998
Extorters of ATM users arrested
Extorters of ATM users arrested JAKARTA (JP): The South Jakarta police have busted three members of a gang thought to have waged a year-long campaign against automatic teller machine (ATM) users.One of the three suspects was shot in the leg while trying to flee and the fourth is still at large as...
Mon, 19 Jan 1998
Administration prepared for Idul Fitry exodus
Administration prepared for Idul Fitry exodus JAKARTA (JP): The City Land Transportation Agency is organizing 13,685 personnel to ensure safe passage for Jakartans in the massive exodus to hometowns for the Idul Fitri holidays.
Mon, 19 Jan 1998
Succession and stability key issues for Indonesia
Succession and stability key issues for Indonesia HONG KONG (Reuters): President Soeharto's rule over Indonesia, a guarantee of stability for more than three decades, is increasingly being viewed as part of the economy's problem rather than the solution, analysts here said.
Mon, 19 Jan 1998
Ulemas pray for Soeharto
Ulemas pray for Soeharto JAKARTA (JP): Some 200 ulemas of the influential Nahdlatul Ulama (NU) organization gathered here Saturday to pray for President Soeharto's health and reelection in March.The ulemas, among whom were heads of some of the NU's 6,000 boarding schools which teach millions of...
Mon, 19 Jan 1998
CMNP put on rating alert
CMNP put on rating alert JAKARTA (JP): The country's only rating agency, PT Pemeringkat Efek Indonesia (Pefindo), said Saturday it had put PT Citra Marga Nusaphala Persada's (CMNP) Rp 275 billion bonds and Rp 100 billion commercial paper on rating alert.
Mon, 19 Jan 1998
Alleged drug vendors arrested
Alleged drug vendors arrested JAKARTA (JP): Police have apprehended two alleged major Ecstasy dealers in separate raids in North and West Jakarta.City Police spokesman Lt. Col. E. Aritonang yesterday that the first one, Sutsan, 29, is thought to be one of the city's main Ecstasy distributors.
Mon, 19 Jan 1998
Taiwan to provide $1b
Taiwan to provide $1b TAIPEI (AFP): Taiwan is willing to provide US$1 billion to a proposed fund under the Asian Development Bank (ADB) to help countries hit by the regional financial crisis, a news report said Saturday.
Mon, 19 Jan 1998
Five private banks to merge
Five private banks to merge JAKARTA (JP): Five private banks are to be merged as soon as government and shareholder permission has been obtained, the president director of PT Bank Internasional Indonesia (BII) announced last night.
Mon, 19 Jan 1998
Soeharto's reforms
Soeharto's reforms The most outstanding feature of last week's economic reform package was not the content -- however drastic or sweeping it was -- but the way it was announced. No less than President Soeharto personally signed and delivered the letter of intent to the International Monetary Fund,...
Mon, 19 Jan 1998
Govt weighs options for cutting fuel subsidy
Govt weighs options for cutting fuel subsidy JAKARTA (JP): The Ministry of Mines and Energy has prepared several alternative schemes for President Soeharto to choose in reducing the subsidy on domestic fuel sales, its secretary- general has said.
Mon, 19 Jan 1998
TV report sparks panic, hardship
TV report sparks panic, hardshipFrom RepublikaA private television station aired on Jan. 8 a scene showing customers in Jakarta jostling each other to buy canned milk powder. The store owner was forced to limit purchases to three cans of milk powder per customer.
Mon, 19 Jan 1998
Turkey's Islamists fall to army-led campaign
Turkey's Islamists fall to army-led campaignBy Jonathan Lyons ISTANBUL (Reuters): A Turkish court decision last Friday to outlaw the Welfare Party marks the final blow in a year-long battle led by the country's fiercely secularist generals to crush the forces of political Islam.
Mon, 19 Jan 1998
Turkey's Demirel defends closure of Welfare party
Turkey's Demirel defends closure of Welfare party ANKARA (Reuters): Turkey's president has defended the closure of the Islam-based Welfare party as a regrettable necessity, and the prosecutor in the case says he is ready to do the same to any other party that violates the secular code.
Mon, 19 Jan 1998
Reform may discourage newcomers in car industry
Reform may discourage newcomers in car industry JAKARTA (JP): The government's plan to remove tax incentives for locally made cars as part of its economic reform will discourage newcomers in the country's automotive industry, a car analyst has said.
Mon, 19 Jan 1998
Indonesia must heed global market wishes, says Emil
Indonesia must heed global market wishes, says Emil JAKARTA (JP): Indonesia has to keep up with what the global market expects from the country if it wants to get global investors' support for its economic reforms, a senior economist and former cabinet minister has said.
Mon, 19 Jan 1998
RI needs deposit insurance system
RI needs deposit insurance systemBy Sumitro The government has pledged not to liquidate any more banks and when announcing the new economic measure last Thursday President Soeharto said that the government will set up a deposit insurance scheme if necessary.
Mon, 19 Jan 1998
Mystery boats fish in Sulawesi
Mystery boats fish in Sulawesi KENDARI, Southeast Sulawesi: Local fishermen have complained that large, illegal trawling nets are being used by many "mysterious" fishing boats in the province's waters, Antara reported Friday.
Mon, 19 Jan 1998
New Pentium MMX processors and economic printing mode
New Pentium MMX processors and economic printing modeBy Zatni Arbi JAKARTA (JP): Unwittingly, I left you with yet another puzzle last week. A friend from Surabaya, Doug Boyne, faxed me and reminded me that I had inadvertently failed to explain how I got the memory address 000CC000-000CCIFF that...
Mon, 19 Jan 1998
JSX stock trading may keep lethargic
JSX stock trading may keep lethargic JAKARTA (JP): Trading on the Jakarta Stock Exchange (JSX) is expected to stay in a slumber this week as investors continue to take a wait-and-see attitude.Securities dealers and analysts said most investors were still awaiting implementation of the bold reforms...
Mon, 19 Jan 1998
Police officers to learn in Berlin
Police officers to learn in Berlin JAKARTA (JP): Indonesia is to send 10 middle-ranking police officers on a detective and riot-control course held by the Germany police in Berlin later this year.National Police spokesman Brig. Gen.
Mon, 19 Jan 1998
Reform measures need to address main problem
Reform measures need to address main problem The government last Thursday announced its second massive reform measures recommended by the International Monetary Fund (IMF). Subroto, a former minister of mines and energy and former secretary-general of the Organization of Petroleum Exporting...
Mon, 19 Jan 1998
Workers' wage payments 'need supervision'
Workers' wage payments 'need supervision' JAKARTA (JP): City councilors have urged the municipality to prevent chaos by tightly controlling and supervising wage payments to laborers involved in the city's labor-intensive program.
Mon, 19 Jan 1998
Now is not the time for political reform, says Sarwono
Now is not the time for political reform, says Sarwono BANDUNG (JP): Calls for political reform, coming as they are in the middle of Indonesia's struggle to restore the nation's economic life, are inappropriate, an official says.
Mon, 19 Jan 1998
IPTN will survive state funding cuts
IPTN will survive state funding cuts JAKARTA (JP): State aircraft manufacturer PT IPTN says it will survive a government decision to cut its funding as part of an economic reform package.PT IPTN President B.J.
Mon, 19 Jan 1998
RP officials counting on Marcos' money
RP officials counting on Marcos' money MANILA (Agencies): Philippine officials are pinning their hopes of boosting the budget and the embattled peso on income linked to millions of ill-gotten dollars of former dictator Ferdinand Marcos, sources here said yesterday.
Mon, 19 Jan 1998
People snap up cloth for Idul Fitri
People snap up cloth for Idul Fitri JAKARTA (JP): In the midst of the country's economic woes due to the weakened local currency, many Jakartans were still flocking to stores over the weekend to buy up new cloth for Idul Fitri which is two weeks away.
Mon, 19 Jan 1998
Government urged to rescue ailing property sector
Government urged to rescue ailing property sector JAKARTA (JP): The government must take concrete action to restore the country's ailing property sector, an analyst has said.Panangian Simanungkalit, chairman of the Center for Indonesian Property Studies, said Saturday the government should, for...
Mon, 19 Jan 1998
Expert wants environment atop development agenda
Expert wants environment atop development agendaBy Joko Sarwono BOGOR, West Java (JP): "Get rich dirty, clean up later" was a development paradigm once employed by the United States, some European countries and Japan.
Mon, 19 Jan 1998
U.S. trade, investment mission comes to Jakarta
U.S. trade, investment mission comes to Jakarta JAKARTA (JP): A delegation of American companies arrived here yesterday for a three-day mission to help build confidence in Indonesia's battered economy.The mission, organized by the U.S.
Mon, 19 Jan 1998
Ramadhan time for Jakarta
Ramadhan time for JakartaMondayMaghrib 6:18 p.m.TuesdayImsak 4:20 a.m.Subuh 4:30 a.m.
Sun, 18 Jan 1998
For Balinese, the gift really is in the giving
For Balinese, the gift really is in the givingBy Garret Kam BALI (JP): Offerings are perhaps Bali's most important form of art, even more so than the paintings and sculptures for which the island is famous.The reason is simple. Offerings, banten in Balinese, lie at the heart of the Hindu religion.
Sun, 18 Jan 1998
RI, Malaysia agree on dollar-less trade
RI, Malaysia agree on dollar-less trade JAKARTA (JP): Malaysian Prime Minister Mahathir Mohamad and President Soeharto agreed yesterday to boost bilateral trade but without using hard currencies so as to preserve their foreign exchange reserves.
Sun, 18 Jan 1998
Volleyball body plans congress
Volleyball body plans congress JAKARTA (JP): The Indonesian Volleyball Association will hold its annual national congress here in April, Sutardiono, the association's deputy, said Friday."The officials have yet to set the date.