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Wed, 07 Oct 1998
How the Chinese learned to trade
How the Chinese learned to tradeBy Agus Widjaja JAKARTA (JP): Ever since the May riots the controversial debate on the income disparity between pribumi (indigenous Indonesians) and Chinese-Indonesians has raged with renewed vigor.
Tue, 06 Oct 1998
Govt says it cannot interfere in conflict-ridden labor union
Govt says it cannot interfere in conflict-ridden labor union CIANJUR, West Java (JP): The government has said it cannot interfere in the current clash within the Federation of All Indonesian Workers Union (FSPSI) triggered by a rival organization within its ranks.
Tue, 06 Oct 1998
Capital control system
Capital control system I would like to comment on the Jakarta Post article "Jakarta should not copy Malaysia's capital controls" (Sept. 29) by Mr. Eddy Soeparno -- AMEX's Corporate Finance Director, and would like to suggest that current or future government should quickly adopt Malaysia's style of...
Tue, 06 Oct 1998
OUB writes off RI from its investment map
OUB writes off RI from its investment map SINGAPORE (Dow Jones): Singapore's Overseas Union Bank (OUB) is looking to acquire stockbroking outfits in Malaysia and the Philippines, but has written troubled Indonesia off its investment map for now, President and Chief Executive Officer Peter Seah said...
Tue, 06 Oct 1998
ASEAN set to ratify new free trade pacts
ASEAN set to ratify new free trade pacts MANILA (Dow Jones): Trade ministers from the Association of Southeast Asian Nations, or ASEAN, are expected this week to ratify a regional agreement aimed at removing further barriers to trade and investment in the nine-nation bloc.
Tue, 06 Oct 1998
Disabled cheated of artificial limb donations
Disabled cheated of artificial limb donations JAKARTA (JP): A group of disabled people accused the Ministry of Social Services' Jakarta office on Monday of embezzling funds allocated to procure artificial legs for the handicapped.
Tue, 06 Oct 1998
Partner blasts CalEnergy for filing arbitration lawsuit
Partner blasts CalEnergy for filing arbitration lawsuit JAKARTA (JP): The Association of Retired Officers Businesspeople (Himpurna) blasted on Monday CalEnergy Company Inc of the United States, its partner in the Dieng geothermal power project in Central Java, for filing an arbitration suit against...
Tue, 06 Oct 1998
Chainsaws scare elephants
Chainsaws scare elephants BENGKALIS, Riau: The villagers of Sebangsa Asal in Mandau district said that chainsaw noises stemming from nearby logging activities had deterred elephants from raiding their plantations.Local leader M.
Tue, 06 Oct 1998
Where to go in Bandung:
Where to go in Bandung:Exhibitions * Children's Drawings: International Price Winning Pictures from Bavaria (1997), at the Goethe-Institut Bandung, Jl. Martadinata 48 (Phone: 022 436440), 9 a.m. to 5 p.m., until Oct. 19.
Tue, 06 Oct 1998
Gas for Duri steamflood
Gas for Duri steamflood DENVER (Dow Jones): Gulf Indonesia Resources Ltd. (GRL), Talisman (Corridor) Ltd. and Pertamina (Indonesia) said gas deliveries have begun at the Corridor Gas Project to the Duri steamflood project in central Sumatra.
Tue, 06 Oct 1998
Lack of sense of crisis
Lack of sense of crisis In The Jakarta Post dated Sept. 30 there was a news report saying that President B.J. Habibie summoned several ministers and high ranking officials advising them about the plan to renovate his office in the Merdeka Palace.
Tue, 06 Oct 1998
Strict checks advised for Asian rescue fund
Strict checks advised for Asian rescue fund TOKYO (Reuters): Japan's US$30 billion plan aimed at restoring stability in crisis-hit Asia will be effective if accompanied by a strict surveillance mechanism, analysts and traders said on Monday.
Tue, 06 Oct 1998
Robberies frighten 'ojek' drivers
Robberies frighten 'ojek' drivers TANGERANG (JP): The rising number of robberies victimizing ojek (motorcycle taxi) drivers in Tangerang regency, where an average of eight incidents take place every month, has stirred unrest among both the drivers and local residents.
Tue, 06 Oct 1998
Pets banned from travel
Pets banned from travel KUPANG, East Nusa Tenggara: The transport of animals from island to island is to be banned to prevent the spread of rabies, an official here said.Antara quoted Th. Saelan, the provincial head of the animal husbandry agency, as referring to a 1992 law which states people are...
Tue, 06 Oct 1998
IFAD urges govt and donors to focus aid on rural poor
IFAD urges govt and donors to focus aid on rural poor JAKARTA (JP): The International Fund for Agricultural Development (IFAD) has urged the government and international donors to focus their assistance on Indonesia's rural poor.
Tue, 06 Oct 1998
Malaysia's crackdown
Malaysia's crackdown Malaysian authorities closed Kuala Lumpur's main square on Sunday, after the fourth anti-government protest in a week. More demonstrations are planned against the increasingly autocratic behavior of Prime Minister Mahathir Mohamad.
Tue, 06 Oct 1998
Dancer crawls out of the dump for art summit
Dancer crawls out of the dump for art summit JAKARTA (JP): A lot of garbage will be presented at Art Summit Indonesia 1998. However don't be mislead, in the capable hands of choreographer Miroto, the garbage flowers and becomes an object of beauty.
Tue, 06 Oct 1998
'Becak' drivers fight to recover their vehicles
'Becak' drivers fight to recover their vehicles JAKARTA (JP): Becak (pedicab) drivers and owners will sue Governor Sutiyoso and the capital's five mayors for seizing their 100 vehicles without proper warrants, a lawyer said Monday.
Tue, 06 Oct 1998
'Black magic' killings may be organized: Dayat
'Black magic' killings may be organized: Dayat SURABAYA (JP): East Java Police chief Maj. Gen. M. Dayat has said he suspected a mysterious murder spree in several East Java towns was the result of "organized crime".
Tue, 06 Oct 1998
Aberdeen enters Bank Bali
Aberdeen enters Bank Bali JAKARTA (JP): Publicly listed regional fund manager Asset Management Asia Ltd has acquired a 4.99 percent stake in publicly listed Bank Bali.Bank Bali said in a letter to the Jakarta Stock Exchange, which released the letter Monday, that the investment was a long- term one.
Tue, 06 Oct 1998
Habibie alerts ABRI to radicals
Habibie alerts ABRI to radicals JAKARTA (JP): President B.J. Habibie alerted the Armed Forces (ABRI) during the celebration of its 53rd anniversary on Monday to the threat from small radical and revolutionary movements conducting unconstitutional actions in the name of reform.
Tue, 06 Oct 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Bali's conversion rates on Oct. 5, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S dollar 1 10,500.00 10,600.00 10,500.00 10,650.00Austrian schilling 1 875.25 945.25 - -Australian dollar 1 6,140.00 6,400.00 6,110.00 6,425.
Tue, 06 Oct 1998
Military presence in House 'counter to democracy'
Military presence in House 'counter to democracy' JAKARTA (JP): Political observer Marsilam Simanjuntak has rejected the Armed Forces (ABRI) presence in the House of Representatives (DPR), contending its military tenets are at odds with the fundamentally democratic system of a legislature.
Tue, 06 Oct 1998
New Bogor regent installed
New Bogor regent installed BOGOR (JP): West Java Governor R. Nuriana installed Col. Agus Utara Effendi on Monday as the new Bogor regent for a five-year term, replacing Eddie Yoso Martadipura who had held the position for two consecutive terms since 1988.Agus, who was born in Bogor on Aug.
Tue, 06 Oct 1998
Ceremony held for PDI smooth congress
Ceremony held for PDI smooth congress DENPASAR (JP): A religious service called Piodalan is being held on Tuesday morning by the organizers of the congress to be held by the Indonesian Democratic Party (PDI) faction loyal to Megawati Soekarnoputri, so that the event can proceed smoothly.
Tue, 06 Oct 1998
Open letter to Mahathir
Open letter to Mahathir Observing the seriousness that Malaysia's latest political situation has assumed, we, the Indonesian Legal Aid and Human Rights Association (PBHI), herewith deem it necessary to respond to the development of this political situation.
Tue, 06 Oct 1998
DLLAJR 'corrupt' officials transferred
DLLAJR 'corrupt' officials transferred JAKARTA (JP): Eighteen employees of a vehicle roadworthiness test station in Srengseng Sawah, South Jakarta, have been transferred to other posts following a thorough investigation into their alleged roles in collecting illegal levies.
Tue, 06 Oct 1998
Asia sees environmental improvement
Asia sees environmental improvement HONG KONG (AFP): The environment in Asia has improved significantly following the financial crisis, but longer term the turmoil could set back clean-up efforts, the World Bank said Tuesday.
Tue, 06 Oct 1998
Over 1,600 rights abuses in Aceh
Over 1,600 rights abuses in Aceh BANDA ACEH, Aceh: A regional administration team has uncovered more than 1,600 cases of human rights violations by the military in the country's westernmost province of Aceh over the past decade, Antara said on Monday.
Tue, 06 Oct 1998
PT ADS liquidated
PT ADS liquidated JAKARTA (JP): Shareholders of PT Asian Development Securities (ADS) agreed late last month to liquidate the company beginning Oct. 9, 1998.Publicly listed state-controlled Bank Negara Indonesia, a 10 percent owner of PT ADS, said in a letter to the management of the Jakarta Stock...
Tue, 06 Oct 1998
29 bodies found from airliner
29 bodies found from airliner COLOMBO (AP): Fishermen have recovered 29 bodies of the 55 people who were on board an airliner that disappeared over the Indian Ocean north of Sri Lanka last week, officials said on Monday.
Tue, 06 Oct 1998
Rates for Tax Payment
Rates for Tax Payment JAKARTA (JP): The new official conversion rates as the basis for payment of import duty, value-added tax on goods and services, sales tax on luxury goods, export tax and income tax, valid from Oct. 5 to Oct. 11: U.S dollar 1 Rp 10,750.00Austrian shilling 1 912.
Tue, 06 Oct 1998
Govt's latest denial of mid-May rapes lambasted
Govt's latest denial of mid-May rapes lambasted JAKARTA (JP): Repeated government denials that scores of women were raped during the mid-May riots, the latest coming from Minister of Defense and Security/Armed Forces Commander Gen. Wiranto on Sunday, have again come under fire.
Tue, 06 Oct 1998
Economy contracts 13.59% in first nine months
Economy contracts 13.59% in first nine months JAKARTA (JP): The country's gross domestic product (GDP) contracted 13.59 percent in the first nine months of 1998 compared to the same period last year, the head of the Central Bureau of Statistics (BPS), Sugito Suwito, said on Monday.
Tue, 06 Oct 1998
Rubber producers state preference for INRO
Rubber producers state preference for INRO JAKARTA (JP): Local rubber producers said on Monday that they would prefer the government to maintain its membership of the International Natural Rubber Organization (INRO) because the group was still needed to keep global prices stable.
Tue, 06 Oct 1998
Games organizer begs off paying insurance pledge
Games organizer begs off paying insurance pledge JAKARTA (JP): Almost a year after its grandiose finale, the 19th Southeast Asian (SEA) Games is in the throes of yet another in a long line of financial woes after its underwriting consortium admitted it cannot afford to pay life insurance premiums...
Tue, 06 Oct 1998
'Tempo' set to hit streets again today
'Tempo' set to hit streets again today JAKARTA (JP): With a cover story on the mass rapes during May's rioting, newsweekly magazine Tempo will be back on newsstands on Tuesday, four years after Soeharto's government revoked its license.
Tue, 06 Oct 1998
Capital control issues boost rupiah, hit stocks
Capital control issues boost rupiah, hit stocks JAKARTA (JP): The rupiah rallied on Monday to close at 10,575 against the U.S. dollar on news that the government was considering tightening the monitoring of capital flows into and out of the country, currency dealers said.
Tue, 06 Oct 1998
Pertamina to ax insurance ties with Tugu Pratama
Pertamina to ax insurance ties with Tugu Pratama JAKARTA (JP): State oil and gas company Pertamina will not renew its insurance contracts with its affiliated insurance company PT Tugu Pratama Indonesia as part of its commitment to rid its business of corruption, collusion and nepotism.
Tue, 06 Oct 1998
Bambang faults int'l bankers for unplanned lending
Bambang faults int'l bankers for unplanned lending WASHINGTON (Agencies): Bankers and investors around the world share the blame for Indonesia's financial crisis because they based investment decisions on market sentiment without enough information to fairly assess risks, Indonesia's finance...
Tue, 06 Oct 1998
Six contractors win water pipeline job
Six contractors win water pipeline job JAKARTA (JP): Six local contractors have won a contract worth about Rp 7 billion (US$636,000) for the extension of the water distribution network in the western half of Jakarta.
Tue, 06 Oct 1998
Anwar gets four weeks to prepare his defense
Anwar gets four weeks to prepare his defense KUALA LUMPUR (Agencies): A Malaysian High Court gave lawyers of ousted deputy premier Anwar Ibrahim on Monday four weeks to prepare their defense against four of 10 corruption and sodomy charges against him.The High Court refused bail and set Nov.
Tue, 06 Oct 1998
Two arrested for stealing train cables
Two arrested for stealing train cables JAKARTA (JP): Police have said they caught two youngsters red- handed stealing train traffic system cables from railway tracks in Depok late on Sunday.City police spokesman Lt. Col.
Tue, 06 Oct 1998
Students stage protests to demand ABRI quit politics
Students stage protests to demand ABRI quit politics JAKARTA (JP): Thousands of students across Java greeted the Armed Forces' (ABRI) 53rd anniversary on Monday with street demonstrations to demand the military quit the country's political stage.
Tue, 06 Oct 1998
ABRI to be firm against rioters
ABRI to be firm against rioters JAKARTA (JP): Minister of Defense and Security/Armed Forces (ABRI) Commander Gen. Wiranto said on Monday the military would take firm action against any efforts to disrupt the government's reform agenda.
Tue, 06 Oct 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:35 Children's Film: The Big Valley 3:05 My Motherland 3:30 Village Program 4:00 Regional News 4:30 Music: Lagu Pop Daerah 5:00 English Lessons 5:30 Documentary Program 6:00 News: Lintasan Berita 6:05 Documentary: Catatan Perjalanan 6:15 Sports: Monitor Olah...
Tue, 06 Oct 1998
The costs of RI's monetary crisis
The costs of RI's monetary crisisBy C.J. de Koning JAKARTA (JP): The impact of Indonesia's monetary crisis can be illustrated by some distressing statistics:* More than 70 million people out of a population of 205 million have fallen below the poverty line.
Tue, 06 Oct 1998
Art Summit schedule
Art Summit schedule Oct. 6-7: Dance, Kembang Sampah (Garbage Flowers), Miroto (Indonesia), Gedung Kesenian Jakarta (GKJ), Jl. Pos No. 2, Central Jakarta (Phone: 3441892).Oct. 7-8: Music, No World Improvisations, Jin Hi Kim (USA), Taman Ismail Marzuki (TIM), Jl.
Tue, 06 Oct 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 5, 1998: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 325 0 0 AHAP Insurance 400 0 0 Alter Abadi 200 0 0 Alumindo Light Metal 250 0 3,000 Alumindo Perkasa 225 0 0...
Tue, 06 Oct 1998
Govt's liquidity loan policy confusing
Govt's liquidity loan policy confusing The government has extended by one year the deadline for the repayment of liquidity support loans to ailing banks. Lawyer Todung Mulya Lubis looks at the legal impact of the delay.