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Thu, 22 Jan 1998
Local currency for Games visitors
Local currency for Games visitors KUALA LUMPUR (AP): Using Malaysia's recent currency devaluation as an incentive, Commonwealth Games officials say foreign visitors can pay for their hotels and tickets in the local currency.
Thu, 22 Jan 1998
Ecologists warn of modified crops
Ecologists warn of modified crops JAKARTA (JP): Environmentalists warned yesterday that Indonesia could soon be the target market for genetically modified crops which they claim have long-term harmful side effects.
Thu, 22 Jan 1998
Govt should take responsibility for crisis: Activists
Govt should take responsibility for crisis: Activists JAKARTA (JP): Activists from several non-governmental organizations (NGOs) urged yesterday the People's Consultative Assembly to convene a special session to ask for President Soeharto's accountability for the economic crisis.
Thu, 22 Jan 1998
Analysts say rupiah repayments the last step
Analysts say rupiah repayments the last step LONDON (Reuters): Indonesian banks have been repaying distressed hard currency debt in rupiah for more than a week, a worrying development that could bring the country's financial crisis to a head, London analysts said.
Thu, 22 Jan 1998
Govt acts to enforce reforms
Govt acts to enforce reforms JAKARTA (JP): The government acted yesterday to enforce several reforms agreed with the International Monetary Fund last week by issuing a series of decrees and rules formalizing the measures.
Thu, 22 Jan 1998
Where to go in Bandung:
Where to go in Bandung:Exhibition * Ramadhan Exhibition featuring Handicraft, Fashion, Food, at the Lobby, Preanger Aerowisata Bandung Hotel, Jl. Asia Afrika No. 81, Central Bandung, 10 a.m. to 8 p.m., until Jan. 29.
Thu, 22 Jan 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan.21, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 700 0 0 AHAP Insurance 450 0 0 Alter Abadi 325 25 2,500 Alumindo Light Metal 250 0 2,883,000 Alumindo...
Thu, 22 Jan 1998
Relocation of graves to resume next month
Relocation of graves to resume next month JAKARTA (JP): The authorities have halted the relocation of 4,626 graves from the Blok P public cemetery in South Jakarta until next month.The head of the City Public Funeral Agency, Sjafril Zainuddin, said in a statement yesterday that his organization had...
Thu, 22 Jan 1998
Indonesia's troubles plague Asian currencies
Indonesia's troubles plague Asian currencies SINGAPORE (Reuters): The Indonesian rupiah took another battering yesterday and other Asian currencies went down with it, although they bounced off their lows as the rupiah clawed back a little ground.
Thu, 22 Jan 1998
ASEAN govts act to stem possible social unrest
ASEAN govts act to stem possible social unrest BANGKOK (Agencies): As the economic crisis worsens, several governments in Southeast Asia are taking steps to prevent it from causing social unrest.Thailand warned workers yesterday it would take tough action against violent or unruly protests...
Thu, 22 Jan 1998
817 foreigners may lose jobs
817 foreigners may lose jobs SAMARINDA, East Kalimantan: At least 817 foreigners working in the province may have to be laid off following moves by companies across the country to streamline their organizations.
Thu, 22 Jan 1998
Sarwono urges MPR to name VP candidates
Sarwono urges MPR to name VP candidates JAKARTA (JP): State Minister of Environment Sarwono Kusumaatmadja called on the five factions at the People's Consultative Assembly (MPR) yesterday to name their vice presidential candidates, ending the political uncertainty.
Thu, 22 Jan 1998
Gold management needs transparency
Gold management needs transparencyFrom Bisnis IndonesiaReading about community members donating gold to the government as an expression of concern, I am happy there are still citizens who are conscience of the economic situation.
Thu, 22 Jan 1998
Provinces prepare for annual Idul Fitri exodus
Provinces prepare for annual Idul Fitri exodus JAKARTA (JP): Government offices across the country are intensifying preparations to facilitate the exodus of 26.2 million people from urban centers to towns and villages for the Idul Fitri holiday.
Thu, 22 Jan 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Children's Film: Kid Pix Ninja The Wonder Boy 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Documentary: Pesona Flora 5:00 Arabic Lessons 5:30 Religious Program: Celah-Celah Ramadhan 6:00 News:...
Thu, 22 Jan 1998
Raising fuel prices
Raising fuel prices Fuel oil subsidies will be removed from the 1998/1999 state budget. This is one of the points agreed upon by the Indonesian government and the International Monetary Fund as contained in the letter of intent signed by the President.
Thu, 22 Jan 1998
IMF tackles Indonesian bank reform
IMF tackles Indonesian bank reform WASHINGTON (Reuters): The International Monetary Fund (IMF) said on Tuesday important work still needed to be done to reform Indonesia's banking sector to protect depositors, and to cope with the country's corporate debt.
Thu, 22 Jan 1998
Bank merger plans may cool off uneasy depositors
Bank merger plans may cool off uneasy depositors JAKARTA (JP): The plan of several private national banks to merge their operations is expected to persuade nervous depositors from pulling out their money from domestic private banks, bankers have said.
Thu, 22 Jan 1998
C. Kalimantan helps jobless
C. Kalimantan helps jobless PALANGKA RAYA, Central Kalimantan: The city administration has allocated Rp 100 million (US$12,500) to provide 400 unskilled workers with jobs until Jan. 28 in labor-intensive projects.
Thu, 22 Jan 1998
Cikini Hospital keeps doors open for needy
Cikini Hospital keeps doors open for needyBy Stevie Emilia JAKARTA (JP): Through several name changes and as a witness to the nation's monumental changes, PGI Cikini Hospital has kept true to its founder's mission to provide health care for the needy.
Thu, 22 Jan 1998
Depositors line up to transfer savings to foreign banks
Depositors line up to transfer savings to foreign banks JAKARTA (JP): Following uncertainty over the rupiah's value and confusion over the future of local banks, some depositors have shifted their savings to foreign banks.
Thu, 22 Jan 1998
Gus Dur recovers to Beethoven's symphony
Gus Dur recovers to Beethoven's symphony JAKARTA (JP): Abdurrahman Wahid regained consciousness for the first time yesterday since suffering a stroke Monday night and later showed further improvements as he asked to listen to classical music by Beethoven.
Thu, 22 Jan 1998
Vocal LIPI scientists won't be punished
Vocal LIPI scientists won't be punished JAKARTA (JP): The National Institute of Sciences will not take punitive measures against 19 researchers who demanded presidential change on Tuesday, an official said yesterday.
Thu, 22 Jan 1998
Premier Siew ends his three-day Asian tour
Premier Siew ends his three-day Asian tour JAKARTA (JP): Taiwan Premier Vincent Siew headed back to Taipei yesterday ending a three-day visit shrouded in secrecy here."The Prime Minister and his entourage left for Taipei on a commercial flight this (yesterday) afternoon," a diplomatic source...
Thu, 22 Jan 1998
Star-rated hotels suffer from low occupancy rates
Star-rated hotels suffer from low occupancy rates JAKARTA (JP): The economic maelstrom across the region and potential political tension in the country have contributed to a continued slowdown in the hotel business, hoteliers have said.
Thu, 22 Jan 1998
Press Day organizers cut budget
Press Day organizers cut budget JAKARTA (JP): The current monetary crisis has prompted National Press Day organizers to scrap some planned activities, saving up to Rp 400 million (US$40,000) from the previously projected budget of Rp 500 million.
Thu, 22 Jan 1998
Wullems after clarification of national soccer training
Wullems after clarification of national soccer training JAKARTA (JP): National soccer coach Henk Wullems wants the controversy surrounding his salary set aside until the team's training program has been clarified."I think that the salary is number two.
Thu, 22 Jan 1998
Ramadhan time for Jakarta
Ramadhan time for JakartaThursdayMaghrib 6:19 p.m.FridayImsak 4:21 a.m.Subuh 4:31 a.m.
Wed, 21 Jan 1998
National dialog to give voice to all parties
National dialog to give voice to all partiesBy Makmur Keliat SURABAYA (JP): Amid the monetary crisis plaguing the country since June of last year, Amien Rais, the leader of Muhammadiyah Moslem organization, recently proposed the holding of a national dialog.
Wed, 21 Jan 1998
Journo's family want regent probed
Journo's family want regent probed YOGYAKARTA: The family of slain local journalist Fuad M. Syarifuddin, alias Udin, want the Armed Forces to investigate Col. Sri Roso Sudarmo -- the regent of Bantul -- for his alleged involvement in the murder on August 1996.
Wed, 21 Jan 1998
Soeharto finally says 'yes'
Soeharto finally says 'yes' JAKARTA (JP): "Yes".With that one word, President Soeharto ended months of speculation yesterday about whether or not he would run in the March election for a record seventh term in office.
Wed, 21 Jan 1998
KL faces difficulties with foreign workers
KL faces difficulties with foreign workersBy Stefan Klein SINGAPORE (DPA): In the good old days when the terms "bankrupt" and "unemployment" were still unknown in the southeast Asian boom countries, Malaysia saw fit to erect a potent symbol of its rise to glory.
Wed, 21 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: Sukses Berkarya 5:30 TV Drama: Sebuah Hikmah 6:00 News: Lintasan Berita 6:05 Nusantara,...
Wed, 21 Jan 1998
Impact of rupiah's depreciation
Impact of rupiah's depreciation The fluctuating exchange rate of the rupiah against the U.S. dollar, which has been going on since July 1997, naturally has unfavorable impacts. For example, how this situation affects an Indonesian student studying in the United States.
Wed, 21 Jan 1998
Asiad team may fly to Games in Hercules
Asiad team may fly to Games in Hercules JAKARTA (JP): Indonesia's contingent for the 13th Asian Games may fly to Bangkok in December on one of the country's Air Force Hercules as part of the National Sports Council's program to trim its budget.
Wed, 21 Jan 1998
To ward off speculators
To ward off speculatorsFrom Bisnis IndonesiaEfforts to strengthen the rupiah, and at the same time to strike at dollar speculators, can be easily made if the authorities wish to do so.Consider why speculators buy up dollars. They hope for big profits when selling their dollars.
Wed, 21 Jan 1998
Spotlight
SpotlightPhoto A: GoldJP/msaGOLD DEED: The wife of the minister of finance, Etty Mar'ie Muhammad (left), donates gold jewelry to the state treasury through a pawnbroker. She was among donators yesterday from the ministry's chapter of Dharma Wanita, the organization for civil servants' wives, at the...
Wed, 21 Jan 1998
Indonesian banks 'need $15b in fresh capital'
Indonesian banks 'need $15b in fresh capital' JAKARTA (JP): Indonesian banks urgently need US$15 billion in fresh capital to cope with the sharp depreciation of their assets due to the rupiah's free fall, rating agency Standard and Poor's said yesterday.
Wed, 21 Jan 1998
Gus Dur in intensive care after brain surgery
Gus Dur in intensive care after brain surgery JAKARTA (JP): Get well messages poured in, including from President Soeharto and Vice President Try Sutrisno, as family and friends waited anxiously for news of Abdurrahman Wahid's condition after he underwent three hours of brain surgery yesterday to...
Wed, 21 Jan 1998
RI ponders reducing diplomatic missions
RI ponders reducing diplomatic missions JAKARTA (JP): The Ministry of Foreign Affairs is studying the possibility of shutting down Indonesian diplomatic missions abroad.For now, however, it is relying on streamlining measures such as reducing the number of diplomats sent overseas and recruitment...
Wed, 21 Jan 1998
Four alleged car thieves shot to death
Four alleged car thieves shot to death JAKARTA (JP): Jakarta Police detectives shot and killed four alleged vehicle thieves, believed to be one of the city's most wanted gangs, in a single raid in Cibubur, West Java, Monday evening.City Police spokesman Lt. Col. E.
Wed, 21 Jan 1998
Two Ciledug residents jailed for defamation
Two Ciledug residents jailed for defamation TANGERANG (JP): The Tangerang District Court sentenced two Ciledug residents yesterday to one year each in jail, for defaming President Soeharto through the distribution of libelous pamphlets.
Wed, 21 Jan 1998
Government vows to accelerate Irian development
Government vows to accelerate Irian development JAKARTA (JP): The government would never victimize Irian Jaya's indigenous population in its effort to develop the country's easternmost province, President Soeharto said yesterday.
Wed, 21 Jan 1998
High demand for dollars sends rupiah to new low
High demand for dollars sends rupiah to new low JAKARTA (JP): The high demand for U.S. dollars from local companies dragged the rupiah down further yesterday to a new low of 10,500 against the greenback in morning trade, dealers said.
Wed, 21 Jan 1998
Rupiah leaves Asian currencies chilled
Rupiah leaves Asian currencies chilled SINGAPORE (Reuters): Asian currencies enjoyed a slight respite in late trade yesterday as the Indonesian rupiah recovered from a collapse below 10,000 to the dollar.But the breather was likely to be shortlived, dealers said.
Wed, 21 Jan 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan.20, 1998: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 700 0 0 AHAP Insurance 450 0 0 Alter Abadi 300 -25 14,000 Alumindo Light Metal 250 0 28,000 Alumindo...
Wed, 21 Jan 1998
Promoter withdraws from Indonesian soccer league
Promoter withdraws from Indonesian soccer league JAKARTA (JP): The promoter of the All Indonesian Soccer Federation (PSSI), has decided to withdraw from the soccer league, citing problems finding a financial sponsor.
Wed, 21 Jan 1998
Governor asks vendors to keep public order
Governor asks vendors to keep public order JAKARTA (JP): Governor Sutiyoso called for self-restraint on the part of public order officers and sidewalk vendors yesterday, following Monday's clash between the groups in Blok M, South Jakarta.
Wed, 21 Jan 1998
Employers to pay Idul Fitri bonuses
Employers to pay Idul Fitri bonuses SEMARANG, Central Java: The Ministry of Manpower's provincial office is confident that local companies will pay Idul Fitri bonuses to their Moslem employees, Antara has reported.
Wed, 21 Jan 1998
Pawnshops to receive donations
Pawnshops to receive donations JAKARTA (JP): The Ministry of Finance announced yesterday that state-run pawnshops throughout the country have been appointed official receivers of all public donations to help the government overcome the monetary crisis.