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Fri, 20 Nov 1998
Rupiah standing firm alone: World Bank, Ginandjar
Rupiah standing firm alone: World Bank, Ginandjar JAKARTA (JP): The current strengthening of the rupiah to about Rp 7,500 to the U.S. dollar is not a result of government intervention, the World Bank's Country Director for Indonesia Dennis de Tray and Indonesia's chief economics minister Ginandjar...
Fri, 20 Nov 1998
Two RI workers die in Saudi Arabia
Two RI workers die in Saudi Arabia JAKARTA: A consortium of insurance firms PT Asuransi Jiwa, PT Asuransi Republik and PT Asuransi Bringin Sejahtera Artamakmur paid more than Rp 10 million (US$1,333) in compensation to the relatives of 24-year-old Nuryati and 23-year-old Halimah Lidin, who died...
Fri, 20 Nov 1998
Corrupt executive given 16-year sentence
Corrupt executive given 16-year sentence JAKARTA (JP): Central Jakarta District Court sentenced an executive of a private company on Thursday to 16 years in jail for failing to pay state-owned telecommunications company PT Telkom for telephone cards worth Rp 22 billion (US$3 million).
Fri, 20 Nov 1998
ABRI defends its gradual retreat from politics
ABRI defends its gradual retreat from politics JAKARTA (JP): The Armed Forces (ABRI) adopted on Thursday a defensive stance over mounting public calls that it quit politics as soon as possible, declaring its intention to gradually adjust its dual-function concept.
Fri, 20 Nov 1998
Govt plans move on Soeharto
Govt plans move on Soeharto JAKARTA (JP): The government is looking into the possible seizure of a cattle ranch owned by former president Soeharto, who is now the subject of an official corruption inquiry.
Fri, 20 Nov 1998
TV today
TV todayTVRI 5:30 a.m. Religious Teachings: Hikmah Pagi 6:00 Morning News 6:30 News: Nuansa Reformasi 7:00 Children's Program: Lagu Anak Nusantara 7:30 Cartoon 8:00 Music 8:30 Documantary Film 9:00 Family's Film 10:00 Interval 2:00 p.m.
Fri, 20 Nov 1998
KONI will increase bonuses for coaches
KONI will increase bonuses for coaches JAKARTA (JP): The National Sports Council (KONI) is to award coaches higher cash bonuses than ever before if their athletes win medals at the 13th Asian Games in Bangkok next month.
Fri, 20 Nov 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting Exhibition: Kecil Itu Indah 6, at Edwin Galeri Jl. Kemang Raya No. 21, Kemang, South Jakarta (Phone: 7194721), 9 a.m. to 7 p.m., until Nov. 29. * Painting Exhibition: Ventilation of Spaces by Hanafi, at Galeri Puzzle, Jl.
Fri, 20 Nov 1998
Consensus needed for ASEAN entry
Consensus needed for ASEAN entry HANOI (Reuters): Cambodia's admission into the Association of Southeast Asian Nations (ASEAN) will depend on consensus among the grouping, Vietnam said on Thursday."The ASEAN summit will take place in Hanoi and we personally wish that event (Cambodia's admission)...
Fri, 20 Nov 1998
Government urged to promote gas usage
Government urged to promote gas usage JAKARTA (JP): A major energy company called on the government on Thursday to promote the use of natural gas domestically and offer bigger incentives for oil and gas exploration in order to avoid becoming a net oil importer in the near future.
Fri, 20 Nov 1998
Lufthansa plane in Changi scare
Lufthansa plane in Changi scare SINGAPORE (AP): A Lufthansa plane carrying 73 passengers and crew members made an emergency landing at Singapore's Changi Airport on Thursday after damaging its landing gear on takeoff.
Fri, 20 Nov 1998
Five nominated tennis body chief
Five nominated tennis body chief JAKARTA (JP): Outgoing Indonesian Tennis Association chairman Sarwono Kusumaatmadja announced five candidates for the post he will relinquish in a congress which began on Thursday.
Fri, 20 Nov 1998
Goldman to buy Asian assets
Goldman to buy Asian assets SINGAPORE (AFP): U.S. investment bank Goldman Sachs is creating a multi-million dollar recovery fund for Asian assets, press reports said Thursday.Along with the fund, the firm is placing its best people in the region in its pursuit of mergers and acquisitions, Goldman...
Fri, 20 Nov 1998
Nine arrested for abortion
Nine arrested for abortion SURABAYA: Police have arrested nine people including a doctor and a midwife for allegedly conducting 397 abortions. Some of the women were pregnant by up to seven months, Antara reported.The news agency quoted East Java Police Spokesman Lt. Col. Sutrisno T.S.
Fri, 20 Nov 1998
Fox gives up on Thailand remake
Fox gives up on Thailand remake BANGKOK (AP): Frustrated by official disapproval over its script, 20th Century Fox announced on Thursday it is dropping Thailand from plans to shoot a new version of "Anna and the King" starring Jodie Foster on location.
Fri, 20 Nov 1998
Students flee hunger at boarding school
Students flee hunger at boarding school JAYAPURA, Irian Jaya: As many as 156 nursing students in Manokwari regency have stayed away from their boarding school since Sunday because they were not getting enough to eat there, Antara reported.
Fri, 20 Nov 1998
Farmers attack, loot Lampung shrimp firm
Farmers attack, loot Lampung shrimp firm JAKARTA (JP): Around 2,500 farmers ran riot on the vast shrimp farm owned by PT Wahyuni Mandira in the district of Ogan Komering Ilir in Lampung, burning, looting and destroying almost all facilities on the 170,000-hectare site.
Fri, 20 Nov 1998
Consultant calls for faster privatization
Consultant calls for faster privatization JAKARTA (JP): The government should accelerate its privatization program to help revive foreign investor confidence in the crisis-hit economy, a World Bank consultant has said.
Fri, 20 Nov 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 19, 1998: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 325 -25 26,000 AHAP Insurance 400 0 0 Alter Abadi 250 0 185,000 Alumindo Light Metal 275 0 242,500...
Fri, 20 Nov 1998
REI seeking alternatives in dealing with debt problem
REI seeking alternatives in dealing with debt problem JAKARTA (JP): Real Estate Indonesia (REI), an association of property developers, is planning to seek a solution to its members' debt problems during its national congress next week.
Fri, 20 Nov 1998
Tambang Timah's net profit rises 350%
Tambang Timah's net profit rises 350% JAKARTA (JP): The net profits of publicly listed mining firm PT Tambang Timah rose by more than 350 percent to Rp 454.9 billion (US$60.65 million) in the first nine months of this year, up from Rp 100.
Fri, 20 Nov 1998
Our political agenda
Our political agenda There can be no bargaining on it: President B.J. Habibie must take immediate, concrete, transparent and professional actions to lay bare the many cases of corruption, collusion and nepotism, beginning by examining ex-President Soeharto.
Fri, 20 Nov 1998
Martin's concert canceled due to 'poor' political conditions
Martin's concert canceled due to 'poor' political conditions JAKARTA (JP): A planned charity concert by American pop star Ricky Martin was canceled because of the unrest in Jakarta.Puerto Rico-born pop idol Martin was due to stage his show, called Ricky Martin Live in Concert, as part of the South...
Fri, 20 Nov 1998
Water firm to launch care program
Water firm to launch care program JAKARTA (JP): PT Thames Pam Jaya (TPJ), a British-Indonesian tap water joint venture, is scheduled to launch on Nov. 22 a care program aimed at promoting environmental awareness and clean water in the city, an executive of the firm said on Thursday.
Fri, 20 Nov 1998
BP-7 to be dissolved: Alwi Dahlan
BP-7 to be dissolved: Alwi Dahlan JAKARTA (JP): The government institution which disseminates the Pancasila state ideology, BP-7, will soon be dissolved as decreed by the People's Consultative Assembly (MPR), its chief officer Alwi Dahlan said on Wednesday.
Fri, 20 Nov 1998
Repressive shadow looms
Repressive shadow looms For the new generation of Indonesians freedom of expression might look like a new phenomenon because this very basic right has been curtailed for no less than four decades.The New Order regime of president Soeharto, which took over from Sukarno's Guided Democracy in 1966...
Fri, 20 Nov 1998
GMBI changes name
GMBI changes name JAKARTA (JP): Car maker PT General Motors Buana Indonesia (GMBI) has changed its name to PT General Motors Indonesia in the wake of the major change in the company's share ownership.Company president William S.
Fri, 20 Nov 1998
Govt to sell bankers' assets through IPO
Govt to sell bankers' assets through IPO JAKARTA (JP): Some of the fixed assets in the form of companies surrendered by owners of troubled banks to the government to repay debts will be sold through initial public offerings (IPOs) in the capital market, said chairman of the Indonesian Bank...
Fri, 20 Nov 1998
Violence cost the city Rp 16 billion
Violence cost the city Rp 16 billion JAKARTA (JP): The city suffered Rp 16.46 billion (US$2.35 million) in financial losses during last week's upheavals, Governor Sutiyoso said on Thursday.The tally accounts for the damage, burning and looting of 123 city-owned and private properties (Rp 14.
Fri, 20 Nov 1998
Natsteel boosts RI presence
Natsteel boosts RI presence SINGAPORE (Dow Jones): Government-linked NatSteel Ltd. (P.NTS) said it has invested S$3.22 million to raise its stake in two brick companies to 65% each.Natsteel said it is paying S$2.12 million to raise its stake by 23 percent in Indonesia's PT Sidu Batu Bata Industri.
Fri, 20 Nov 1998
Nine companies chosen to import iodized salt
Nine companies chosen to import iodized salt JAKARTA (JP): The government has appointed nine companies to import iodized salt to meet a shortfall on the domestic market, Minister of Industry and Trade Rahardi Ramelan said here on Thursday.
Fri, 20 Nov 1998
RI firms join Prague fair
RI firms join Prague fair JAKARTA (JP): Six Indonesian companies took part in a tourism fair called Madi Travel Trade Market, held in Prague, Czech Republic, from Nov. 10 to Nov. 12, the Indonesian Embassy in Prague said on Wednesday.The head of the embassy's economic department, Wisnu E.
Fri, 20 Nov 1998
Political stability crucial for economic recovery
Political stability crucial for economic recovery JAKARTA (JP): Domestic and foreign analysts speaking at a business conference here on Thursday have stressed the crucial role of political stability and a legitimate government to bolster Indonesia's economic recovery.
Fri, 20 Nov 1998
Sutiyoso backs military officers' appointment
Sutiyoso backs military officers' appointment JAKARTA (JP): Governor Sutiyoso on Thursday defended the appointment of five new military officers to the city's top positions next week, arguing that their assignment "had been processed a long time ago".
Fri, 20 Nov 1998
Truck driver found dead
Truck driver found dead TANGERANG (JP): A truck driver from yarn manufacturer PT Tifico was found dead on Wednesday night apparently after being stabbed by one of his colleagues at the firm's compound on Jl. Raya Serpong here.
Fri, 20 Nov 1998
Presence of ABRI in DPR
Presence of ABRI in DPRFrom Sinar PagiArticle 19 of the 1945 Constitution states that "The composition of the House of Representatives (DPR) shall be stipulated in a law." On the basis of this article, the DPR's composition is flexible in accordance with the constitutional need in a certain period.
Fri, 20 Nov 1998
Foreign observers allowed to monitor 1999 election
Foreign observers allowed to monitor 1999 election JAKARTA (JP): The United Nations and other international observers will be allowed to monitor Indonesia's general election next year, President B.J. Habibie said on Thursday.
Fri, 20 Nov 1998
Cost of divorce hits estranged couples
Cost of divorce hits estranged couples BOGOR (JP): Just like marriage itself, getting through the official procedure to end a union requires shelling out big bucks, or so say residents of Bogor.According to a father who helped his daughter process her divorce lawsuit, he even had to bribe officials...
Fri, 20 Nov 1998
Independent team set up to help govt manage firms
Independent team set up to help govt manage firms JAKARTA (JP): The office of the Ministry for the Empowerment of State Enterprises has set up an independent team to help the government in managing state companies.
Fri, 20 Nov 1998
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Nov. 19, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,450.00 7,650.00 7,450.00 7,750.00Austrian schilling 1 597.20 667.20 - -Australian dollar 1 4,726.90 4,986.90 4,718.00 5,068.00Belgian franc 1 201.
Fri, 20 Nov 1998
Unicef needs $18 million to help Indonesian infants
Unicef needs $18 million to help Indonesian infants JAKARTA (JP): The nutrition section chief of the United Nations Children Fund (Unicef), Roger Shrimpton, says that the international body needs at least US$18 million to protect millions of under-two-year-olds facing malnutrition during the...
Fri, 20 Nov 1998
Lady, please refrain yourself!
Lady, please refrain yourself! On Nov. 16 evening, state-owned TVRI and the other TV stations aired a talk show featuring three gentlemen and two ladies that TVRI considered societal figures. I have never been so frustrated and disgusted after listening to most of what was discussed during this...
Fri, 20 Nov 1998
Artists to stage exhibit in Kuwait
Artists to stage exhibit in Kuwait DENPASAR, Bali: Seven Indonesian artists are to hold a two- week exhibit of their works in Kuwait at the invitation of the Kuwaiti government, Antara reported on Thursday.
Fri, 20 Nov 1998
Mahathir under fire at APEC
Mahathir under fire at APEC In an earlier article, The Jakarta Post's Asia correspondent Harvey Stockwin argued that the Asia Pacific Economic Cooperation forum (APEC) leaders should quietly rebuke Malaysian Prime Minister Mahathir Mohamad's authoritarianism by staying away from the Kuala Lumpur...
Thu, 19 Nov 1998
Another Moslem cleric killed by mob in Demak
Another Moslem cleric killed by mob in Demak SEMARANG, Central Java (JP): A Moslem cleric was killed by a mob in Demak, Central Java, for being suspected of practicing black magic.The victim, Suliman, 55, died Monday at about 9:30 p.m. in Tambakroto village, Sayung district.
Thu, 19 Nov 1998
Govt appoints nine new cellular phone providers
Govt appoints nine new cellular phone providers JAKARTA (JP): The government has appointed nine companies to operate the Digital Cordless System and the Personal Handy-Phone Service in six areas of the country, the Ministry of Communications announced on Wednesday.
Thu, 19 Nov 1998
APEC addresses crisis
APEC addresses crisis The sixth APEC summit near Kuala Lumpur, Malaysia, though failing to reach agreement on a US$1.5 trillion deal to fast- track nine key areas of trade, its core program, is by no means a disappointment, given the twist of events preceding the gathering of the 21 developed and...
Thu, 19 Nov 1998
LNG exports to S. Korea and Japan to decrease
LNG exports to S. Korea and Japan to decrease JAKARTA (JP): State oil and gas company Pertamina estimates its liquefied natural gas (LNG) exports will decrease by 4.2 percent this year following a slump in demand by South Korea and Japan amid the monetary crisis.
Thu, 19 Nov 1998
Kusnadi's dream laid to rest after bullet leaves him in coma
Kusnadi's dream laid to rest after bullet leaves him in comaBy Ivy Susanti JAKARTA (JP): Engkus Kusnadi's dream of becoming an architect came to an abrupt halt when a bullet hit his head during last Friday's shooting spree on Jl. Sudirman. He has been in a coma ever since.
Thu, 19 Nov 1998
A plot to topple the government?
A plot to topple the government? A number of people gathered in a plush hotel room. There, under the glare of television spotlights, they made public an 18- point proposition to be televised nationwide, openly.