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Wed, 28 Jan 1998
Nokia will not hike cellular phone prices
Nokia will not hike cellular phone prices JAKARTA (JP): Finnish mobile phone producer Nokia has promised not to raises prices of its mobile phones in Indonesia for the next several months despite the rupiah's volatility against the U.S. dollar.
Wed, 28 Jan 1998
Ulemas banned for politicking
Ulemas banned for politicking SURABAYA (JP): A group of local Nahdlatul Ulama (NU) scholars, known for their critical view of chairman Abdurrahman Wahid, has been banned for politicking.East Java Governor Basofi Soedirman asked the group, calling itself FOKUS and claiming to have the support of 100...
Wed, 28 Jan 1998
Jakartans warned about fire dangers
Jakartans warned about fire dangers JAKARTA (JP): Jakarta Fire Department urged residents, especially those celebrating Idul Fitri outside the city, to safeguard their houses before leaving.Suharso, head of the department, told The Jakarta Post many houses were left empty over the holiday and he...
Wed, 28 Jan 1998
Managing monetary crisis
Managing monetary crisisFrom Media IndonesiaOf late, the print and electronic media have been carrying polemics on how to find the right solution to the prolonged monetary crisis. Of all the ideas expressed, the most interesting is one about a national dialog of sorts.
Wed, 28 Jan 1998
Belo rallies for crisis-hit daily
Belo rallies for crisis-hit daily DILI, East Timor: Dili Catholic leader Bishop Carlos Felipe Ximenes Belo called on subscribers of the Suara Timor Timur yesterday to help ease the financial burden that has severely affected the newspaper.
Wed, 28 Jan 1998
Tough policy key to cure crisis
Tough policy key to cure crisisBy Jusuf Wanandi JAKARTA (JP): Indonesia is a developing nation which has to go through crises and challenges to become an industrialized and mature nation. Every developed nation today has gone through this phase in its history.
Wed, 28 Jan 1998
Nissan sees drop in RI car demand
Nissan sees drop in RI car demand TOKYO (Reuters): Japanese car giant Nissan Motor Co Ltd said yesterday it expects total vehicle demand in Indonesia to fall about 70 percent in January compared with the same month last year.
Wed, 28 Jan 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) conversion rates on Jan. 27, 1998: Buying Selling Rp Rp U.S. dollar 1 9,900.00 12,900.00Austrian shilling 1 685.40 990.50Australian dollar 1 6,024.50 8,136.20Belgian franc 1 239.70 328.70Canadian dollar 1 6,170.00 8,280.
Wed, 28 Jan 1998
Capt. Suko faces calls for dismissal
Capt. Suko faces calls for dismissal YOGYAKARTA: Military prosecutors are demanding Capt. Suko Haryanto, who stands accused in a bribery case, be sentenced to 32 months in prison and be discharged from the police force.Prosecuting attorney Col.
Wed, 28 Jan 1998
Japanese companies cautious on Indonesia
Japanese companies cautious on Indonesia TOKYO (Reuters): Japanese firms are cautious about investing in Indonesia despite a new IMF reform program endorsing deregulation of foreign investment to help cope with political and economic instability, officials said yesterday.
Wed, 28 Jan 1998
'Media Indonesia' manager denies link to banned PRD
'Media Indonesia' manager denies link to banned PRD JAKARTA (JP): The general manager of the Media Indonesia daily Surya Paloh denied yesterday having any link to the banned Democratic People's Party (PRD).
Wed, 28 Jan 1998
SOFT LOANS FOR RI:
SOFT LOANS FOR RI:JP/oby Indonesia and Japan signed diplomatic notes for Japanese overseas development assistance yesterday, making available loans to the sum of 195.2 billion yen (US$1.47 billion).The loans, signed by Minister of Foreign Affairs Ali Alatas (right) and Japanese ambassador Takao...
Wed, 28 Jan 1998
Spotlight
SpotlightPhoto A: FastingJP/obyBREAKING THE FAST: Army Chief Gen. Wiranto (second right) breaks the fast with chief editors and journalists at the Balai Kartini, Jakarta. He was accompanied Monday by noted preacher Zainuddin MZ (second left), chief of the Legion of Indonesia Veterans Lt. Gen. (ret.
Wed, 28 Jan 1998
Korean Tae Kwon Do coach still possibility
Korean Tae Kwon Do coach still possibility JAKARTA (JP): The Indonesian Tae Kwon Do Association is considering whether or not to extend the contract of Korean coach Oh Il-nam for the 13th Asian Games in Bangkok in December and other events this year.
Wed, 28 Jan 1998
Idul Fitri
Idul Fitri Announcement: The government is expected to announce tonight whether Idul Fitri falls tomorrow or Friday. Should it fall tomorrow, then it will be declared a public holiday, and The Jakarta Post will not appear accordingly. The newspaper will resume publication on Sunday. -- The Publisher
Wed, 28 Jan 1998
ASEAN trade in own currencies 'impractical'
ASEAN trade in own currencies 'impractical' KUALA LUMPUR (Reuters): An Association of Southeast Asian Nations (ASEAN) proposal that the grouping use local currencies in regional trade is neither practical nor expected to find enough support even among its members, analysts said.
Wed, 28 Jan 1998
Siswono highlights reasons behind Soeharto's renomination
Siswono highlights reasons behind Soeharto's renomination JAKARTA (JP): The country's political elite have renominated incumbent President Soeharto because they are not ready to fill his shoes, Minister of Transmigration Siswono Yudohusodo said yesterday.
Wed, 28 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 Education Quiz: Cepat Tepat 5:10 Documentary: Masjid-Masjid Kuno di Jakarta 5:30 TV Drama: Menutup Mulut 6:00 News: Lintasan Berita 6:05...
Wed, 28 Jan 1998
Police gun down alleged robber
Police gun down alleged robber JAKARTA (JP): A police officer shot dead an alleged robber and wounded another after chasing them along Jl. Raya Teluk Gong in North Jakarta yesterday morning.City police spokesman Lt. Col. E. Aritonang said the wounded suspect escaped before he could be arrested.
Wed, 28 Jan 1998
Malaysia PM to visit Thailand
Malaysia PM to visit Thailand KUALA LUMPUR (Reuters): Malaysian Prime Minister Mahathir Mohamad is scheduled to make an official visit to Thailand on Feb. 5 to Feb. 6, the national Bernama news agency reported yesterday.
Wed, 28 Jan 1998
New plan on Kemang draws mixed reaction
New plan on Kemang draws mixed reaction JAKARTA (JP): The city's decision to allow business owners in Kemang, South Jakarta, who already possess legal permits to continue operating has drawn a mixed reaction from councilors and businesspeople.
Tue, 27 Jan 1998
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 Development Program: Hakamnas 4:00 Regional News 4:30 Teenager's Drama: Akal Bulus 5:00 English Lessons 5:30 TV Drama: Kejujuran 6:05 Nusantara, The Beloved...
Tue, 27 Jan 1998
'Ojek' drivers beat man to death
'Ojek' drivers beat man to death TANGERANG (JP): A 21-year-old alleged extortionist was beaten to death by a group of ojek (motorcycle taxi) drivers in Jatake village on Sunday evening.Herman, dubbed the King of Extortion by local ojek drivers, suffered severe head injuries and bruises during the...
Tue, 27 Jan 1998
Prices of food skyrocket in countdown to 'Lebaran'
Prices of food skyrocket in countdown to 'Lebaran' JAKARTA (JP): Prices of many foodstuffs have continued to rise over the past few days ahead of the Idul Fitri holiday.Data from the city's economic regional bureau (Binekda) released yesterday shows there were significant leaps in the prices of...
Tue, 27 Jan 1998
Sofjan denies link to PRD
Sofjan denies link to PRD JAKARTA (JP): Business tycoon Sofjan Wanandi came out of an hour-long questioning by intelligence officers yesterday saying he is clear of all complicity with the banned Democratic People's Party (PRD).
Tue, 27 Jan 1998
Sports council cancels biomechanic tests
Sports council cancels biomechanic tests JAKARTA (JP): The economic turmoil has prompted the National Sports Council's 13th Asian Games task force to cancel plans for athletes to take biomechanic tests in Singapore.
Tue, 27 Jan 1998
Daihatsu boosts RI presence
Daihatsu boosts RI presence TOKYO (AFP): Japan's Daihatsu Motor Co. Ltd. will raise parts output at plants in Malaysia and Indonesia to overcome the impact of sharp currency depreciations there, a company spokesman said yesterday.The affiliate of auto giant Toyota Motor Corp.
Tue, 27 Jan 1998
Councilors warn of migrant influx after Idul Fitri
Councilors warn of migrant influx after Idul Fitri JAKARTA (JP): City councilors urged the municipality yesterday to tighten its supervision and control of the end-of-holiday influx to prevent migrants from flocking to the capital after Idul Fitri.
Tue, 27 Jan 1998
S'pore defense chief calm on crisis
S'pore defense chief calm on crisis WELLINGTON (AP): Security in Southeast Asia has not been significantly affected by the economic crisis afflicting the region, Singapore's defense minister said yesterday.
Tue, 27 Jan 1998
Reform the bureaucracy
Reform the bureaucracy I was really amazed by recent comments made by State Minister of Administrative Reforms T.B. Silalahi published in The Jakarta Post on Jan. 20 which indicated that once again the nation's real problems were not being addressed.
Tue, 27 Jan 1998
Firecrackers kill two in E. Java
Firecrackers kill two in E. Java SIDOARDJO, East Java: Two people were killed and eight others injured when a hazardous experiment with firecrackers went terribly wrong.Witnesses said that Isomudin, 28, a resident of Kenongo village, and Matkijo, 20, from Telasih village, Tulangan subdistrict,...
Tue, 27 Jan 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 26, 1998: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 600 75 5,000 AHAP Insurance 350 0 0 Alter Abadi 175 -25 1,304,000 Alumindo Light Metal 225 -25 66,500...
Tue, 27 Jan 1998
Stronger banking reform
Stronger banking reform The flurry of bank merger plans announced over the past two weeks should be welcomed as part of a broad program to strengthen the banking industry. The steady plunge in the rupiah's exchange rate since July and the quick increase in the amount of bad credits since early this...
Tue, 27 Jan 1998
'Bimbogate' diverts U.S. attention
'Bimbogate' diverts U.S. attention As the financial turmoil afflicting Asia has developed over the last six months, the role played by the United States has been critical. The Jakarta Post Asia correspondent Harvey Stockwin attempts an overview of the U.S.
Tue, 27 Jan 1998
Pornographic VCDs and LDs destroyed
Pornographic VCDs and LDs destroyed PONTIANAK, West Kalimantan: The provincial film board destroyed yesterday 522 video compact discs and laser discs which were allegedly pornographic."We burned the discs which were confiscated during various operations in Pontianak and the surrounding regencies,"...
Tue, 27 Jan 1998
Bank mergers not a solution for RI: Analysts
Bank mergers not a solution for RI: Analysts HONG KONG (Reuters): Indonesia's policy of merging banks rather than letting bad institutions fail is ill-advised, analysts in Hong Kong said yesterday."It is a joke, this matter of mergers," said Philippe Dalhaise, president of Thomson BankWatch Asia.
Tue, 27 Jan 1998
Man gets two years for attacking ambassador
Man gets two years for attacking ambassador JAKARTA (JP): Central Jakarta District Court sentenced a homeless man yesterday to two years in jail for using violence to try to extort money from Palestinian Authority Ambassador Ribhi Awad.
Tue, 27 Jan 1998
Strike paralyses two RP cities
Strike paralyses two RP cities DAVAO, Philippines (Reuters): Bus and taxi drivers barricaded roads and paralyzed two cities yesterday in the southern Philippines in a transport strike to protest fuel price increases, police said.
Tue, 27 Jan 1998
Pefindo lowers rating of pulp and paper firms
Pefindo lowers rating of pulp and paper firms JAKARTA (JP): Local rating agency Pefindo has downgraded its long-term ratings on three companies and reaffirmed five others in the pulp, paper and plywood sectors as the monetary crisis starts to bite.
Tue, 27 Jan 1998
Dibyo to attend joint forum
Dibyo to attend joint forum JAKARTA (JP): National Police Chief Gen. Dibyo Widodo confirmed last night that he would attend the upcoming coordination meeting with heads of the Supreme Court and Attorney General's Office."Of course I will go, I'm the police chief, right," he said.
Tue, 27 Jan 1998
Presidential election rules 'need changing'
Presidential election rules 'need changing' YOGYAKARTA (JP): Changes in the presidential election rules are needed to accommodate extra-parliamentary nomination, a political expert said here yesterday.Ichlasul Amal of Gadjah Mada University said the present rules disregarded the fact that people...
Tue, 27 Jan 1998
Phony soldier arrested
Phony soldier arrested JAKARTA (JP): City Police have detained for questioning a civilian who was caught wearing an Army uniform at the Kampung Rambutan intercity bus terminal in East Jakarta yesterday.City Police spokesman Lt. Col. E.
Tue, 27 Jan 1998
Kemang area
Kemang area Recently, my wife and I ate at one of the Kemang restaurants which is not supposed to be open anymore according to the city administration which had recently "decorated" such businesses with wooden red crossbars to close them down.
Tue, 27 Jan 1998
Sierad Produce suffers loss after profit: Official
Sierad Produce suffers loss after profit: Official JAKARTA (JP): Publicly listed PT Sierad Produce's financial performance might have gone deep into the red last year due to the rupiah's sharp depreciation.The company's vice president, F.X.
Tue, 27 Jan 1998
PSSI concentrating on Tiger Cup, not Asian Games
PSSI concentrating on Tiger Cup, not Asian Games JAKARTA (JP): The All Indonesian Soccer Federation (PSSI) is focusing on training the national team for the Tiger Cup here in September rather than the 13th Asian Games in Bangkok in December.
Tue, 27 Jan 1998
BI, JSX to close on Jan. 29
BI, JSX to close on Jan. 29 JAKARTA (JP): Bank Indonesia (BI) and the management of Jakarta Stock Exchange (JSX) announced yesterday they would halt operations on Thursday, Jan. 29, to celebrate the Moslem Idul Fitri holiday.
Tue, 27 Jan 1998
PBSI seeking more cash despite Rp 27b reserve
PBSI seeking more cash despite Rp 27b reserve JAKARTA (JP): The chairman of the Badminton Association of Indonesia, Subagyo Hadisiswoyo, said yesterday that the association's deposits of Rp 27 billion (US$2 million) were insufficient to finance the association's annual activities.
Tue, 27 Jan 1998
Crisis hits Asian automotive industry
Crisis hits Asian automotive industry KUALA LUMPUR (AFP): Vivien Lam's dream of owning a car was rudely shattered when she was sacked by a law firm in Kuala Lumpur last month amid the country's deepening economic crisis.
Tue, 27 Jan 1998
Japanese factory burns in Vietnam
Japanese factory burns in Vietnam HANOI (AFP): A blaze broke out in a Japanese factory in the Taiwan-built Tan Thuan export processing zone outside Ho Chi Minh City, an official from Tan Thuan said yesterday.
Tue, 27 Jan 1998
Govt has to bail out private debt: Analysts
Govt has to bail out private debt: Analysts JAKARTA (JP): The Indonesian government has to bail out the country's corporate foreign debt in a bid to ease the country's currency crisis, economists and analysts say.