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Thu, 08 Jan 1998
E. Java workers may lose jobs
E. Java workers may lose jobs SURABAYA, East Java: The economic crisis has caused 10 companies in East Java to ask for the government's permission to dismiss 2,864 workers.An official with the province's manpower office, Mul Effendy, said yesterday the request for the mass dismissal had been made...
Thu, 08 Jan 1998
Nervous Asian currencies pull out of depths
Nervous Asian currencies pull out of depths SINGAPORE (Reuters): Southeast Asia's ravaged currencies limped tentatively out of the depths in late yesterday trade as fears of concerted central bank action halted a mad scramble for dollars.
Thu, 08 Jan 1998
Dinner at Dunia Sea Food
Dinner at Dunia Sea FoodFrom Bisnis IndonesiaOn Jan. 2, my family and I went for dinner at Dunia Sea Food, located on the third floor of Diamond Mall, Tangerang, West Java.The publicized price of Rp 6,000 per head all-you-can-eat was a point of attraction.However, low prices can be deceptive.
Thu, 08 Jan 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) conversion rates on Jan. 7, 1998: Buying Selling Rp Rp U.S dollar 7,800.00 8,400.00 Austrian shilling 590.10 666.30 Australian dollar 4,977.00 5,255.80 Belgian franc 206.20 221.10 Canadian dollar 5,472.60 5,747.
Thu, 08 Jan 1998
Garuda operates extra flights
Garuda operates extra flights JAKARTA (JP): National air carrier Garuda Indonesia announced yesterday that it would operate extra flights to cope with an expected travel boom during the upcoming holiday of Idul Fitri.
Thu, 08 Jan 1998
More people fired in Central Java
More people fired in Central Java SEMARANG, Central Java: As many as 1,268 workers here have been laid off in the last four months due to the economic crisis, an official said yesterday.Head of the local Ministry of Manpower office, Bambang Hudi, said the number of layoffs would continue should the...
Thu, 08 Jan 1998
IMF worried over crisis in Indonesia
IMF worried over crisis in Indonesia WASHINGTON (Reuters): IMF officials on Tuesday called Indonesia's economic crisis worrisome and faulted the Jakarta government for failing to follow through on pledges to restructure the nation's economy, the Washington Post reported yesterday.
Thu, 08 Jan 1998
Families demand compensation from PLN
Families demand compensation from PLN BOGOR (JP): About 180 families in two villages here have vowed to force state-owned electricity firm PT PLN to provide them with proper compensation to move from under high-voltage electric cables running above their houses.
Thu, 08 Jan 1998
Graphic
GraphicCORRECTION: The bottom line figures in the two graphics which accompanied our headline story yesterday should read Rp 101.08 trillion and Rp 133.49 trillion respectively instead of those printed. We apologize for the inconvenience caused. -- Editor
Thu, 08 Jan 1998
Policeman killed in accident
Policeman killed in accident JAKARTA (JP): A traffic police officer died Tuesday when his motorcycle hit another speeding motorcycle in Tangerang.City Police spokesman Lt. Col. E. Aritonang said yesterday the officer, First Sgt. Tatang, 27, died of severe head injuries.
Thu, 08 Jan 1998
Prison guard jailed for receiving bribe
Prison guard jailed for receiving bribe BOGOR (JP): Bogor District Court sentenced a 41-year-old prison officer, Munandar, to five months and 15 days in jail for aiding the escape of the man behind the Jagorawi toll road murder and robbery.
Thu, 08 Jan 1998
Businesspeople disappointed by govt revelation
Businesspeople disappointed by govt revelation JAKARTA (JP): Government explanations on the budget and financial matters to businesspeople were disappointing as they did not address the most basic issue on how to revive local businesses, a businessman said yesterday.
Thu, 08 Jan 1998
Workers hold staff hostage
Workers hold staff hostage SERANG, West Java: At least 160 workers of PT Univenus held two members of staff hostage as they rallied to demand for wages here Tuesday.The workers, who were serving temporary layoffs, urged the company management to pay half of their wages as stipulated by a 1996...
Thu, 08 Jan 1998
Landslide kills two while digging trench
Landslide kills two while digging trench JAKARTA (JP): Two workers suffocated to death when dirt excavated for the installation of wastewater pipes collapsed and buried them in their trench on Jl. K.H. Mas Mansyur in Central Jakarta early yesterday.
Thu, 08 Jan 1998
Latief rejects firms' proposal on wage payment
Latief rejects firms' proposal on wage payment JAKARTA (JP): Minister of Manpower Abdul Latief has flatly rejected a proposal by industry associations that the monthly fee paid to the state workers insurance company PT Jamsostek be remitted to allow companies to increase workers' minimum wage.
Thu, 08 Jan 1998
W. Kalimantan to install governor
W. Kalimantan to install governor PONTIANAK, West Kalimantan: The legislative body has set Jan. 12 for the inauguration of the West Kalimantan Governor for the 1998/2003 period although President Soeharto has not approved any of the top three candidates yet.
Thu, 08 Jan 1998
American batik artist paints loving odes to children's spirit
American batik artist paints loving odes to children's spiritBy G. Rahayu JAKARTA (JP): Self-taught artist Linda Kaun can testify to the uniqueness and intricacy of using the batik technique in painting on fabric.
Thu, 08 Jan 1998
Unlawful sale of 18 'becak' causes a stir
Unlawful sale of 18 'becak' causes a stir TANGERANG (JP): Mayor Djakaria Machmud pledged to take stern action against officials if they were found guilty of selling 18 becak (pedicab) netted in a routine operation recently.
Thu, 08 Jan 1998
Bus passengers beware of trickery
Bus passengers beware of trickeryFrom KompasBe wary of fellow bus passengers who are solicitous.My husband traveled recently by intercity bus from Jakarta to Bandung aboard a Parahiangan Ekspres bus which left Kampung Rambutan Bus Terminal at 7 p.m..
Thu, 08 Jan 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting Exhibition: Kumuh by Margono at Galeri Cipta III, Taman Ismail Marzuki Arts Center, Jl. Cikini Raya 73, Central Jakarta, 10 a.m. to 9 p.m., Jan. 9-18. * Photo Exhibition: 100 old photos from Indonesia and Singapore, at Galeri TC (Twilight Cafe), Jl.
Thu, 08 Jan 1998
Soeharto unveils nation's draft budget for recovery
Soeharto unveils nation's draft budget for recovery President Soeharto unveiled on Tuesday the draft state budget for fiscal year 1998/1999 before a plenary session of the House of Representatives (DPR).
Thu, 08 Jan 1998
Rupiah recovers after all-time low of 8,450
Rupiah recovers after all-time low of 8,450 JAKARTA (JP): The rupiah plunged to a record low of 8,450 in morning trade yesterday as financial markets gave a cool response to the 1998/1999 state budget but recovered later to close at 7,900/8,100.
Thu, 08 Jan 1998
Three brothers drown in Cilemer River
Three brothers drown in Cilemer River PANDEGLANG, West Java: Three teenage brothers from Saketi village drowned in the six meter deep Cilemer River yesterday.Antara quoted residents as saying that Asep Sopian bin Empu Sanjaya, 12, Dodi Sohadi, 13, and Eep Supandi bin Ganda, 15, were waiting for the...
Wed, 07 Jan 1998
Safecrackers at large after stealing Rp 212m
Safecrackers at large after stealing Rp 212m JAKARTA (JP): Police are searching for two groups of suspects following two separate robberies in Central Jakarta which netted Rp 212 million (US$42,500).City Police spokesman Lt. Col. E.
Wed, 07 Jan 1998
Exports of 12 commodities fell by 24 percent last year
Exports of 12 commodities fell by 24 percent last year JAKARTA (JP): Exports of 12 commodities decreased considerably in the first eight months of last year compared to the same period in 1996.The Ministry of Trade and Industry said exports of the commodities dropped as much as 24 percent last...
Wed, 07 Jan 1998
Asian crisis to boost S'pore oil industries
Asian crisis to boost S'pore oil industries SINGAPORE (AFP): The Asian economic crisis is expected to boost Singapore's oil and petrochemical industries with would-be rivals hobbled by financing problems, according to an industry journal.
Wed, 07 Jan 1998
Spotlight
SpotlightPhoto A: HotelSahid Jaya JakartaLOOKS FAMILIAR: Outgoing general manager of the Sahid Jaya Jakarta, Guido J.A. Gyde, sizes up his look-alike in the form of a wayang golek puppet, a farewell present from the hotel management. A party on Dec.
Wed, 07 Jan 1998
Investors demand political certainty
Investors demand political certaintyBy Aleksius Jemadu BANDUNG (JP): When the minister of finance and leaders of the Indonesian Chamber of Commerce (Kadin) visited the United States on a business mission recently, they were confronted with questions from American investors regarding policy...
Wed, 07 Jan 1998
Amien Rais seeks support for political reforms
Amien Rais seeks support for political reforms JAKARTA (JP): Shrewd politician Amien Rais invited pro- democracy activists Megawati Soekarnoputri and Abdurrahman Wahid yesterday to join hands in a coalition calling for political reform in the country.
Wed, 07 Jan 1998
Opposing views on human rights
Opposing views on human rightsBy Arif Havas Ugroseno This is the first of two articles on the global human rights debate. JAKARTA (JP): The global human rights debate between universalism and cultural relativism continues and has reached a stalemate.
Wed, 07 Jan 1998
1.4 million new job seekers unable to find employment
1.4 million new job seekers unable to find employment JAKARTA (JP): Some 1.4 million new job seekers will be unable to find employment, pushing the number of unemployed in the country this year to 5.8 million people.Records from the Ministry of Manpower show that if the economy this year grows by 3.
Wed, 07 Jan 1998
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 Educational Quiz: Cepat Tepat 5:10 TV Drama: Takaran Hati 5:40 Boy scout: Bogor Tegar Beriman 6:00 News: Lintasan Berita 6:05 Nusantara,...
Wed, 07 Jan 1998
Rupiah hits historic low as stock prices lose ground
Rupiah hits historic low as stock prices lose ground JAKARTA (JP): The rupiah hit a historic low of 7,750 to the U.S. dollar in the morning trading session yesterday before recovering to 6,950/7,250 at the close on aggressive dollar- buying by state-owned banks.
Wed, 07 Jan 1998
Bare-bones budget
Bare-bones budget The draft state budget for the 1998/1999 fiscal year beginning in April will have a contractive impact on the domestic market as government investment will decline in real terms by about 5 percent, while most of the 48.
Wed, 07 Jan 1998
KL civil servants' allowances cut
KL civil servants' allowances cut KUALA LUMPUR (AP): With Malaysia sinking deeper into economic crisis, the government slashed yesterday entertainment funds for civil servants, the local news agency Bernama reported.
Wed, 07 Jan 1998
Riau wants to help returning workers
Riau wants to help returning workers PEKANBARU, Riau: Authorities here have expressed their readiness to assist Indonesian workers following their repatriation by the Malaysian government.Bachrum Effendi of the local manpower office said yesterday that considering the proximity of Riau to Malaysia,...
Wed, 07 Jan 1998
Soaring dollar curtails sports bodies' training
Soaring dollar curtails sports bodies' training JAKARTA (JP): The soaring value of the American dollar against the local currency has added further salt in the wounds of national sports organizations struggling to stage training programs for the 13th Asian Games in Bangkok in December.
Wed, 07 Jan 1998
President Ramos says Asian miracle not over
President Ramos says Asian miracle not over MANILA (Reuters): Philippine President Fidel Ramos expressed optimism yesterday that East Asia would weather the currency meltdown that has led some countries in the region to seek help from the International Monetary Fund.
Wed, 07 Jan 1998
Team probes RP mine deaths claim
Team probes RP mine deaths claim ZAMBOANGA CITY (DPA): An eight-member team from the Philippine environment department started an investigation yesterday into claims that 80 gold miners were killed in a tunnel collapse -- not six as the government maintains.
Wed, 07 Jan 1998
Malaysia has no need to seek IMF bailout: Analysts
Malaysia has no need to seek IMF bailout: Analysts KUALA LUMPUR (AFP): Malaysia has no need to seek assistance from the International Monetary Fund (IMF) as its exchange reserves and short-term debts are still at manageable levels, analysts said yesterday.
Wed, 07 Jan 1998
Crash victims' burial on Jan. 19
Crash victims' burial on Jan. 19 JAKARTA (JP): The remains of 104 victims of the SilkAir airplane which plunged into the Musi River, South Sumatra, last month will be buried on Jan. 19, an air force official said yesterday.Commander of the Palembang Air Force Base Lt. Col.
Wed, 07 Jan 1998
Where are the profits?
Where are the profits?From MerdekaIndonesians have made progress in their way of thinking. This is evident from the fact that when people chat on the sidewalk or at a coffee stand they always keep abreast with the country's latest developments. People are talking about all sorts of pertinent issues.
Wed, 07 Jan 1998
Regional markets hit by currency weakness
Regional markets hit by currency weakness HONG KONG (AFP): Most Asian bourses plummeted yesterday as regional currencies were sold down to historic new lows, deepening the gloom over regional financial markets.Hong Kong shares fell 1.6 percent, Tokyo 0.4 percent, Singapore and Kuala Lumpur 3.
Wed, 07 Jan 1998
W. Jakarta plans wholesale market
W. Jakarta plans wholesale market JAKARTA (JP): West Jakarta mayoralty plans to build a 15- hectare wholesale market in the Rawa Buaya subdistrict of Cengkareng to supply commodities coming from West Java and Sumatra.
Wed, 07 Jan 1998
USDA increases export loans for SE Asian nations
USDA increases export loans for SE Asian nations WASHINGTON (Reuters): The U.S. Agriculture Department said on Monday that it is extending an additional $545 million in loan guarantees to help financially-troubled Southeast Asian nations buy U.S. farm goods.
Wed, 07 Jan 1998
USA I wins women's Venice Cup
USA I wins women's Venice CupBy Djanwar Madjolelo JAKARTA (JP): The Venice Cup final was a repeat of last year's Olympiad final but with new members in the USA I team, playing against China.The American players in this women's competition were Tobi Sokolov-Milbreed, Jill Meyer-Randi Montin,...
Wed, 07 Jan 1998
Bank merger a necessity
Bank merger a necessity As far as we know, the merger of state-run banks is not a new idea. The government's announcement last Wednesday should therefore not give us reason for surprise. Monetary crisis or not, improving order in the national banking sector, which includes our state-owned banks,...
Wed, 07 Jan 1998
No clues in Christmas double murder
No clues in Christmas double murder JAKARTA (JP): East Jakarta Police detectives are no closer to solving last week's double murder of a mother and daughter despite questioning at least 13 people.The precinct chief, Lt. Col.
Wed, 07 Jan 1998
Corruption at Bank Indonesia
Corruption at Bank IndonesiaFrom KompasThe Jamsostek case (over the use of state social security funds for legislative deliberations) is still unsolved and now there is a report of corruption committed by a number of Bank Indonesia directors to the tune of Rp 1.5 trillion.
Wed, 07 Jan 1998
10 men arrested with pills and marijuana
10 men arrested with pills and marijuana JAKARTA (JP): Police apprehended yesterday 10 men in South and East Jakarta for possessing a total of 40 Nipam barbiturate pills, 15 Ecstasy pills and three marijuana cigarettes.City police spokesman Lt. Col. E.