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Apartemen Golf Pondok Indah for good living

Apartemen Golf Pondok Indah for good living There was a time when living in a high-rise apartment was something less than desirable for people in Jakarta and other big cities in Indonesia. But times have changed.

Checking out apartment living before buying

Checking out apartment living before buying There are rich pickings to be scooped up at present as apartment prices plummet.Expatriates and locals are turning to the comfort and convenience of apartment living, which offers the added selling point of security following the May unrest.

Mahathir unfazed by Clinton snub

Mahathir unfazed by Clinton snub KUALA LUMPUR (AP): Malaysia's prime minister on Friday brushed off U.S. President Bill Clinton's decision not to pay a courtesy call on him during a regional trade meeting in Kuala Lumpur next month.

Tommy Soeharto reports 'Gatra' weekly to police

Tommy Soeharto reports 'Gatra' weekly to police JAKARTA (JP): Businessman Hutomo Mandala Putra lodged a complaint at the city police headquarters on Friday against a weekly that linked his name to a report of the recent arrest of five Indonesian students in a drug raid in Australia.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Batik Exhibition, at Gedung Departemen Perindustrian, Ground Floor, Jl. Gatot Subroto, 9 a.m. to 5 p.m., until Oct. 28. * Painting Exhibition by Ketut Susena and Hanta Guna, at Mitra Hadiprana, Jl.

Local NGOs pledge to work together on political education

Local NGOs pledge to work together on political education JAKARTA (JP): Representatives of non-governmental organizations named on Thursday a priority to work together for political education of the public amid the recent turmoil of political upheaval and the economic crisis.

Women losing out in labor-intensive govt projects

Women losing out in labor-intensive govt projects JAKARTA (JP): Gender bias in labor intensive projects has created fewer opportunities for unemployed women, according to noted demographer Mayling Oey-Gardiner.

Look into your hearts

Look into your hearts I am writing in response to Sumarsono Sastrowardoyo's letter on Sun Tsu in The Jakarta Post of Oct. 17.We ethnic Chinese-Indonesians, who have no conglomerates and are not profiteers of the state, have indeed come to realize that as a minority group we are making no demands...

Strengthening of rupiah affects trade at expo

Strengthening of rupiah affects trade at expo JAKARTA (JP): The recent strengthening of the rupiah has affected transactions at the 1998 Indonesian Export Products exhibition at the Jakarta Fairgrounds.

Soekardjo declared mentally healthy

Soekardjo declared mentally healthy YOGYAKARTA: A four-strong team of psychiatrists and psychologists declared on Friday that Soekardjo Wilardjito -- a former aide of founding president Sukarno -- was mentally healthy.

Most Asian currencies weaken as U.S. dollar gains strength

Most Asian currencies weaken as U.S. dollar gains strength SINGAPORE (Dow Jones): The U.S. currency's rebound against the yen during Asian trading on Friday also saw the dollar rally against many of Asia's regional currencies.

Transparency 'key' for safety net funds

Transparency 'key' for safety net funds JAKARTA (JP): Transparency in the social safety net scheme is increasingly urgent given the plan to distribute funds of billions of rupiah to 1,500 subdistricts next month, a social researcher said.

Mission impossible for local swimmers at Asiad: Official

Mission impossible for local swimmers at Asiad: Official JAKARTA (JP): Indonesia's bid to win at least bronze medals in the pool at the 13th Asian Games is unrealistic, an Indonesian Swimming Association official said on Friday.

Risk-taking key to RI's recovery

Risk-taking key to RI's recoveryBy C.J. de Koning This is the second of two articles on the Indonesian economic crisis. JAKARTA (JP): When a country, like Indonesia, is funding its economic activities for more than 65 percent by foreign sources, then a number of economic textbook applications apply...

PPP sticks to its guns on ABRI's House membership

PPP sticks to its guns on ABRI's House membership JAKARTA (JP): The United Development Party (PPP) faction in the People's Consultative Assembly defended on Friday its proposal to abolish the Armed Forces' (ABRI) representation in the House of Representatives.

Political will needed

Political will needed What is the definition of corruption? Odd as it may seem, difficulties in answering this simple question in clear-cut legal terms seem to be among the obstacles hampering the search for the billions of dollars former president Soeharto is believed by many to have squirreled...

Rupiah 'still has leeway' to advance to 6,000 level

Rupiah 'still has leeway' to advance to 6,000 level JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin said on Friday that he was upbeat that the rupiah would still be able to advance to a level between 6,000 and 6,500 against the U.S. dollar, despite the currency's retreat in the last two days.

Bank Mashill delays merger to next year

Bank Mashill delays merger to next year JAKARTA (JP): Publicly listed Bank Mashill will postpone its merger plan with three other medium-size banks -- Jayabank International, Bank Artamedia and Bank Ciputra -- until early next year.

WB urges RI officials to declare all their assets

WB urges RI officials to declare all their assets JAKARTA (JP): The World Bank is urging the Indonesian government to require all its major officials to declare their assets and prohibit conflicts of interest in decision making as part of a concerted campaign to stamp out corruption.

New rehabilitation complex to be built

New rehabilitation complex to be built JAKARTA (JP): PT Catur Swasakti Utama (CSU), a subsidiary of Bakrie Group, has started work on a rehabilitation housing complex in Cipayung, East Jakarta, which it agreed to construct in exchange for the plot of land where the luxurious Taman Rasuna Apartments...

Econit declared 'clean' after director questioned

Econit declared 'clean' after director questioned JAKARTA (JP): The National Police declared consulting agency Econit "clean" after questioning its former executive director Rizal Ramli in connection with allegations of graft against a senior economics minister.

Five killed in tour bus crash

Five killed in tour bus crash KUALA LUMPUR (AP): Two Singaporeans and one Thai were among five people killed when a tour bus rammed into an advertising pole near the Malaysian capital.The national news agency Bernama reported on Friday that the Thai woman killed in the crash near midnight on...

Philippine slowdown seen bottoming soon, says LBP

Philippine slowdown seen bottoming soon, says LBP CHIANG MAI, Thailand (Reuters): Philippine banks will likely experience the worst impact of the Asian financial crisis in the last quarter of 1998 before seeing their positions improve next year, the head of the Landbank of the Philippines said on...

Aetna debuts policies

Aetna debuts policies JAKARTA (JP): Life insurer PT Aetna Life Indonesia, an affiliate of the giant Aetna Inc. of the United States, launched on Thursday its Aetna Multi Dana and Aetna Dwiguna policies.

Paribas cuts RI operation

Paribas cuts RI operation KUALA LUMPUR (Dow Jones): French investment bank Paribas SA has followed words with deeds in making dramatic cuts to its Southeast Asian stockbroking business in Indonesia, Malaysia, Thailand and the Philippines, company sources said Friday.

France, RI to develop distance learning links

France, RI to develop distance learning links JAKARTA (JP): For many people, education might be associated with studying in a classroom with a teacher. Technology, however, is allowing us to study from wherever we are and whenever we want.

Insulted Hindus continue protest

Insulted Hindus continue protest JAKARTA: Hindus on the resort island of Bali on Friday demanded that a minister resign or be sacked over remarks deemed insulting to Balinese and Hindus, officials and reports said.

RI needs time to show strong

RI needs time to show strong COLOMBO (AP): Indonesia's economy is likely to take two to three years before returning to strong growth following the Asian financial crisis, the regional head of the International Finance Corporation said Friday.

Indonesian Mursyid banned for life

Indonesian Mursyid banned for life BEIRUT (Agencies): Indonesian soccer player Mursyid Effendy has been banned for life for scoring an own goal that made a mockery of a Tiger Cup match pitting his team against Thailand in August, the Asian Football Confederation (AFC) announced on Friday.

Ainaro regent in corruption probe

Ainaro regent in corruption probe DILI, East Timor: Ainaro Regent Norberto de Araujo is to be questioned by the provincial prosecutor's office over corruption allegations, a local official said on Wednesday.

Govt asked to put a stop to killing spree in E. Java

Govt asked to put a stop to killing spree in E. Java JAKARTA (JP): Rights activists demanded on Friday that the government put a stop to the mysterious killing spree in East Java which has claimed more than 150 lives, mostly of Islamic teachers and suspected black magic practitioners.

Airport quarantine officials stretched to the limit

Airport quarantine officials stretched to the limit TANGERANG (JP): Holding a myna bird, a Saudi Arabian was about to cross the first check-in control gate in the departure lounge at Soekarno-Hatta International Airport when he was stopped by airport security guards.

House determined to make quality new political laws

House determined to make quality new political laws JAKARTA (JP): Golkar legislator Abu Hasan Sazili promised on Thursday that the House of Representatives (DPR) would produce quality political laws despite the limited time available.

Pre-qualification for Indosat bid to start

Pre-qualification for Indosat bid to start JAKARTA (JP): The government is moving ahead with plans to further divest its holding in the publicly listed international telecommunications provider PT Indosat, with the pre- qualification process for potential strategic investors to start on Saturday.

Agum warns about political disturbances or disintegration

Agum warns about political disturbances or disintegration JAKARTA (JP): National Resilience Institute (Lemhannas) Governor Let. Gen. Agum Gumelar says there is a possibility of political disturbances or national disintegration as a consequence of the emergence of numerous groups seeking to further...

Govt to end Pertamina's oil lubricant monopoly

Govt to end Pertamina's oil lubricant monopoly JAKARTA (JP): The government will soon scrap state oil and gas company Pertamina's monopoly on the production, import and distribution of oil-based lubricants, according to Minister of Mines and Energy Kuntoro Mangkusubroto.

Govt rejects Sentul management offer

Govt rejects Sentul management offer JAKARTA (JP): The government has rejected an offer to take over the management of Sentul international racing circuit near Bogor, West Java, State Minister of Youth Affairs and Sports Agung Laksono said on Friday.

United Nations Day to be celebrated

United Nations Day to be celebrated JAKARTA (JP): The United Nations Information Center (UNIC) will celebrate United Nations Day, which falls on Saturday, with a series of activities in Gedung Dewan Pers on Jl. Kebon Sirih, Central Jakarta, from Monday to Friday.

Irregularities found in WB-funded projects

Irregularities found in WB-funded projects JAKARTA (JP): A joint investigation by the World Bank and the Ministry of Education and Culture has found deficiencies and irregularities in the construction of a number of World Bank- financed schools, an official said here on Friday.

Rate ceiling for Oct.26-Nov.1

Rate ceiling for Oct.26-Nov.1 Time deposit Maximum rate Maximum rate rupiah deposit (%) U.S. dollar deposit (%)---------------------------------------------------------1-month 61 153-month 60 156-month 49 1512-month 47 1524-month 30 18 Maximum overnight rate for rupiah : 53 percentMaximum overnight...

Global indexes

Global indexes Close Date Net Changes 1 Day 1998 New York (DJIA) 8499.67 10/23* -33.47 -0.39% +7.48%London (FTSE 100) 5173.00 10/23* -56.90 -1.09% +0.73%Tokyo (Nikkei 225) 14144.70 10/23 -150.86 -1.06% -7.30%Hong Kong (Hang Seng) 9817.75 10/23 +159.17 +1.65% -8.44%Singapore (Straits Times) 1113.

'King and I' out of favor in Thailand

'King and I' out of favor in Thailand BANGKOK (DPA): Thailand's film board has recommended a new 20th Century Fox production of Anna and The King not be allowed to film in Thailand because it could offend the royal family, the English-language Nation reported Friday.

TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:35 Children's Film: Thunder Cats 3:05 Children's Program: Dunia Ku 3:30 Science Film: Invention 4:00 Regional News 4:30 Sports 5:30 TV Series: Big Brother Jake 6:00 News: Lintasan Berita 6:05 My Country: Rona Nusantara 6:15 Sports News 6:30 TVRI News (in...

Asian marts mixed in cautious Friday trade

Asian marts mixed in cautious Friday trade TOKYO (AFP): Asian stock markets closed mixed Friday as cautious investors locked in profits ahead of the week-end and waited for signals from Wall Street, dealers said.

Conversion Rates

Conversion Rates JAKARTA (JP): Bank Bali's conversion rates on Oct. 23, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,575.00 7,675.00 7,575.00 7,725.00Austrian schilling 1 603.35 673.35 - -Australian dollar 1 4,600.60 4,860.60 4,560.00 4,960.

Solo aviator touches down in jakarta

Solo aviator touches down in jakarta JAKARTA (Reuters): An Australian aviator recreating a flight from London to Darwin in northern Australia in a single-engine aircraft 70 years ago landed in Jakarta on Thursday, and was greeted by a tropical thunderstorm.

Can Megawati lead reformed government?

Can Megawati lead reformed government?By Donna K. Woodward MEDAN, North Sumatra (JP): Megawati Soekarnoputri, who was reelected as chairwoman and nominated as a presidential candidate by the government-ousted faction of the Indonesian Democratic Party (PDI) in its recent congress in Bali, has...

Officials' decisions

Officials' decisionsFrom MerdekaI would like to comment on some decisions taken by our high- ranking government officials.There have been many incidents and cases that have disappeared from circulation.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 23, 1998: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 275 0 0 AHAP Insurance 400 0 0 Alter Abadi 250 -25 50,000 Alumindo Light Metal 250 0 150,000 Alumindo...

Two policemen detained for shooting trader to death

Two policemen detained for shooting trader to death JAKARTA (JP): The military police have detained two police sergeants who were allegedly involved in the shooting dead of a used book vendor in Senen market in Central Jakarta on Thursday. One was reportedly drunk at the time.