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Sun, 16 Nov 1997
Liquidity is vital for survival in economic downturn
Liquidity is vital for survival in economic downturnBy Riyadi JAKARTA (JP): Companies come and go almost every day; but in an economic recession, many will go rather than come.And in the current economic and monetary crisis, it is believed that many corporations will face difficulties, especially...
Sun, 16 Nov 1997
Property firms told to merger
Property firms told to merger JAKARTA (JP): Property analyst and chairman of the Indonesian Property Study Center, Panangian Simanungkalit, has recommendations for those in real estate trying to weather the current tough times:First of all, managers should bear in mind that they will not make good...
Sun, 16 Nov 1997
Indonesian take-out outlets, minimarkets are Dutch treats
Indonesian take-out outlets, minimarkets are Dutch treatsBy Thor Kerr THE HAGUE (JP): It is freezing, overcast and not a palm tree is in sight, but Indonesian food is being served in just about every town in the Netherlands.
Sun, 16 Nov 1997
Newcomer films harsh realities of Jakarta
Newcomer films harsh realities of JakartaBy Rita A. Widiadana JAKARTA (JP): With all the gloom and doom about the ailing local film industry, it gives heart when a new face emerges.Although Arie Ibnu Hadjar is still practically an unknown in his homeland, the 25-year-old student at the Jakarta Arts...
Sun, 16 Nov 1997
Khoiriyah cleans up her 'jamu' herbal medicines
Khoiriyah cleans up her 'jamu' herbal medicines MOJOKERTO, East Java (JP): Khoiriyah is known in her neighborhood as a maker of jamu, the traditional herbal concoction used by Javanese for whatever ails them.But she is different from her many counterparts.
Sun, 16 Nov 1997
Terror
TerrorBy Sori Siregar When the sound of several gunshots was heard and a cry echoed in the stillness of the night, my friends and I on duty in the guardhouse were playing cards. We were stunned by the gunfire and looked at one another."From that direction," Baskoro said, pointing to the south.
Sun, 16 Nov 1997
What financial woes mean to the people
What financial woes mean to the people JAKARTA (JP): Just when many have begun to grow accustomed to the good life, tougher times call for trimming expenses. Some continue to be upbeat, but others have begun to feel the pinch:Rebecca Tumewu, radio and television presenter, MC: I don't have that...
Sat, 15 Nov 1997
Subagyo ahead in PBSI race
Subagyo ahead in PBSI race JAKARTA (JP): Eleven of the Badminton Association of Indonesia's provincial branches have backed Subagyo Hadisiswoyo as the only candidate for the chairmanship.The association's Jakarta branch chairman, Karsono, told a press conference yesterday that West Java, Central...
Sat, 15 Nov 1997
Melee breaks out at E. Timor campus
Melee breaks out at E. Timor campus DILI, East Timor (JP): Soldiers had to step in and fire warning shots when a melee broke out at an East Timor University campus yesterday, resulting in several injuries and 16 people being detained.East Timor military commander Col.
Sat, 15 Nov 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov.14 , 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 900 0 0 AHAP Insurance 2,500 0 0 Alter Abadi 525 0 0 Alumindo Light Metal 450 -25 120,000 Alumindo...
Sat, 15 Nov 1997
Flaunting the rules
Flaunting the rules The new Mulia Hotel and the chic cafes dotting Jl. Kemang Raya both flaunt Jakarta's zoning rules. Both are major tests for the city administration. At stake are its integrity and public image.
Sat, 15 Nov 1997
Mazda gears up for Thai production
Mazda gears up for Thai production BANGKOK: Mazda is gearing up to produce B-Series utilities at its joint-venture plant in Thailand.It has just started a trial run at the new facility. The plant is scheduled to start mass production by mid-1998.
Sat, 15 Nov 1997
Property 'the most hit' by govt policies
Property 'the most hit' by govt policies JAKARTA (JP): Several monetary policies introduced after the floating of the rupiah in mid-August has hit much of the property sector, the Indonesian Association of Real Estate Developers (REI) has said.
Sat, 15 Nov 1997
Transfer fee at BCA
Transfer fee at BCA Being a loyal client of BCA for so many years, I am disappointed to say that this bank has indeed turned itself into such a grand empire that it has somehow gotten lost on how to treat its customers properly -- not to mention the various inconsistent rules it has made for itself.
Sat, 15 Nov 1997
Golkar's move on security decree meets opposition
Golkar's move on security decree meets opposition JAKARTA (JP): Four lawyers' organizations opposed yesterday Golkar's motion to reintroduce a decree giving the president preemptive powers against subversive activities, saying it would be a breach of the 1945 Constitution.
Sat, 15 Nov 1997
359 RI workers incarcerated in S. Arabian jails
359 RI workers incarcerated in S. Arabian jails JAKARTA (JP): Minister of Manpower Abdul Latief disclosed yesterday that 359 Indonesians are currently imprisoned in Saudi Arabia."They were convicted for various crimes, including theft, immigration document forgery and adultery.
Sat, 15 Nov 1997
Venezuelan airline signs deal to buy four N-250
Venezuelan airline signs deal to buy four N-250 JAKARTA (JP): Air Venezuela, a private Venezuelan airline, signed a memorandum of understanding here yesterday to buy four N-250 aircraft from state-owned aircraft manufacturer PT IPTN, with an option to buy another four.
Sat, 15 Nov 1997
Female bus charmer arrested
Female bus charmer arrested BREBES, Central Java: Police have arrested a 30-year-old woman for allegedly robbing passengers on intercity buses.According to police, the attractive Yuyun often sat next to male passengers and lulled them into a false sense of security by engaging them in conversation...
Sat, 15 Nov 1997
Free rabies shots for susceptible pet animals
Free rabies shots for susceptible pet animals JAKARTA (JP): The city has asked all residents with pets susceptible to rabies to immediately take the animals to nearby animal husbandry offices to receive free vaccinations.
Sat, 15 Nov 1997
Aetna's premium income up
Aetna's premium income up JAKARTA (JP): PT Aetna Life Indonesia announced in a statement yesterday that it recorded a 44 percent increase in premium income as of September this year compared to the corresponding period last year."The company has paid in capital of Rp 43.
Sat, 15 Nov 1997
Myanmar-EU rift to be discussed
Myanmar-EU rift to be discussed BANGKOK (AFP): Association of Southeast Asian Nations (ASEAN) officials will meet soon to resolve a dispute with the European Union (EU) over Myanmar, a Thai daily said yesterday.
Sat, 15 Nov 1997
Merits of RI labor abroad
Merits of RI labor abroadFrom MerdekaIt is very wrong for strong and healthy people to make a living by begging and relying on other people's compassion.There are sayings like "no pain, no gain" and "nothing sought, nothing found".
Sat, 15 Nov 1997
RI gets $130m loan from ADB
RI gets $130m loan from ADB MANILA (AFP): The Asian Development Bank (ADB) said here yesterday that it had approved a US$130 million loan for a project to promote sustainable irrigated agriculture in Indonesia.
Sat, 15 Nov 1997
Police gun down wanted criminals on toll road
Police gun down wanted criminals on toll road BEKASI (JP): Detectives shot and killed three of the city's most wanted criminals during an early morning blockade on Cikampek toll road yesterday.Bekasi Police chief Lt. Col.
Sat, 15 Nov 1997
Titis to paint to musical accompaniment
Titis to paint to musical accompanimentBy Laksmi Pamuntjak-Djohan JAKARTA (JP): Picture, if you will, a forty-something lady at the opening of her painting exhibition in Paris. She already has over 65 exhibitions under her belt, and some of her works have become prized collector's items.
Sat, 15 Nov 1997
Indonesia's melody-maker Titiek Puspa turns 60
Indonesia's melody-maker Titiek Puspa turns 60By Rita Widiadana JAKARTA (JP): She has prospered in the fickle world of the local music industry for almost five decades. Along the way, Titiek Puspa has created distinctive musical idioms and enriched the Indonesian music vocabulary.
Sat, 15 Nov 1997
Try keeps lid on vice presidency
Try keeps lid on vice presidency JAKARTA (JP): Vice President Try Sutrisno just smiled yesterday when journalists tried to coax statements out of him about the possibility of him being reelected the second most senior official in the administration.
Sat, 15 Nov 1997
Riaupulp raises equity
Riaupulp raises equity JAKARTA (JP): Riau Andalas Pulp and Paper (Riaupulp), the 98- percent-held subsidiary of Asia Pacific Resource Holdings Limited (April), has increased its equity by US$200 million to $800 million.Riaupulp's finance director and chief financial officer W.
Sat, 15 Nov 1997
Thai government commitment 'key to economic recovery'
Thai government commitment 'key to economic recovery' BANGKOK (AFP): International Monetary Fund chief Michel Camdessus said after meeting Thai Premier Chuan Leekpai yesterday that the new government's clear commitment to the IMF rescue plan was the key to economic recovery.
Sat, 15 Nov 1997
The plight of Indonesian women workers abroad
The plight of Indonesian women workers abroadBy Asip Agus Hasani & Efendy Naibaho BLITAR, East Java (JP): Tutik, one of the 23,000 illegal Indonesian workers recently brought home by the government from Saudi Arabia, said she was too ashamed to face her neighbors because she did not bring any money...
Sat, 15 Nov 1997
C. Java cloud seeding starts
C. Java cloud seeding starts SEMARANG, Central Java: The Central Java administration, in cooperation with the Agency for the Assessment and Application of Technology (BPPT), will carry out cloud seeding for 35 days starting Monday to overcome water shortages due to the prolonged dry season, Antara...
Sat, 15 Nov 1997
Get serious about graft
Get serious about graft Prompt action, not empty rhetoric, is the best way to combat an economic crisis. We have heard the rhetoric; now we must see the action. This, in effect, was the message delivered yesterday by International Monetary Fund (IMF) director Michel Camdessus to the economic...
Sat, 15 Nov 1997
Press told not to exaggerate death
Press told not to exaggerate death DENPASAR, Bali: Minister of Tourism, Post and Telecommunications Joop Ave has asked the press not to blow up news concerning the death of an Australian tourist in Bali.
Sat, 15 Nov 1997
Teijin sets up RI venture
Teijin sets up RI venture TOKYO (AFP): Japanese textile manufacturers Teijin Ltd. and Nisshinbo Industries Inc. said yesterday they would set up a textile dyeing venture in Indonesia in January next year.
Sat, 15 Nov 1997
Thai SEA Games drug users were innocent: Doping official
Thai SEA Games drug users were innocent: Doping official JAKARTA (JP): Two Thai athletes convicted of using banned substances by the 19th SEA Games medical committee were innocent, according to Dangsina Moeloek, the organizers' doping test and gender verification deputy.
Sat, 15 Nov 1997
What about 'TVRI' contribution?
What about 'TVRI' contribution?From Surabaya PostI would like to know if the TVRI contribution is still being collected.A few days ago, TVRI employees came to my house accompanied by local security personnel.
Sat, 15 Nov 1997
Ray White holds auction
Ray White holds auction JAKARTA (JP): Real estate agency Ray White Indonesia, a subsidiary of Australia's Ray White Real Estate, launched its first property auction at the Sahid Jaya Hotel, the company announced yesterday.
Sat, 15 Nov 1997
Salim acquires significant stake in Bank Danamon
Salim acquires significant stake in Bank Danamon JAKARTA (JP): The Salim Group, the country's largest business conglomerate, has signed an agreement to acquire a significant stake in publicly listed Bank Danamon.
Sat, 15 Nov 1997
50% of Telkom's pay phones damaged
50% of Telkom's pay phones damaged JAKARTA (JP): About 50 percent of the 48,100 public phones in Greater Jakarta are malfunctioning, an official said yesterday.The official from state-owned telecommunications firm PT Telkom told The Jakarta Post that records indicated 24,100 public phones,...
Sat, 15 Nov 1997
20,000 to cancel haj pilgrimage
20,000 to cancel haj pilgrimage JAKARTA (JP): About 20,000 prospective pilgrims have threatened to cancel their haj pilgrimage if the municipality does not scrap its numerical system for grouping pilgrims.
Sat, 15 Nov 1997
Suspects of forest fires
Suspects of forest fires Your front page article 30 firms named suspects of forest fires on Saturday, Nov. 1 seems to be lacking any published names of those 30 logging companies found guilty. How very curious?Are we to assume that Indonesian people, especially in Kalimantan and Sumatra, do not...
Sat, 15 Nov 1997
Unggul Indah's profit plunges
Unggul Indah's profit plunges JAKARTA (JP): Publicly listed Unggul Indah Corp. announced in a statement yesterday that it posted a decline in net profit to Rp 5.2 billion (US$1.52 million) in the first three quarters this year from Rp 24.6 billion in the same period last year.
Sat, 15 Nov 1997
Malaysia sees big rise in AIDS cases
Malaysia sees big rise in AIDS cases KUALA LUMPUR (AP): The AIDS virus has killed 984 people in Malaysia in less than two years, the country's top health official said yesterday.Between January 1996 and September 1997, 1,236 cases of Acquired Immune Deficiency Syndrome (AIDS) were detected and...
Sat, 15 Nov 1997
R and D automobile industry lacks funding
R and D automobile industry lacks funding JAKARTA (JP): Research and development in the Indonesian automotive industry still lacks funding, says an automotive engineering executive.The executive president of the Indonesian Society of Automotive Engineers (IATO), Hasiholan Sidabutar, said yesterday...
Sat, 15 Nov 1997
Economic woes takes its toll on employment
Economic woes takes its toll on employment The combination of the monetary crisis and the bank liquidations has paralyzed many companies, thereby causing unemployment to rise. Bomer Pasaribu, deputy chairman of the Federation of the All Indonesia Trade Union and chairman of the Association of...
Sat, 15 Nov 1997
Spouse stabbed after 'years of abuse'
Spouse stabbed after 'years of abuse' JAKARTA (JP): A 30-year-old housewife ended her seven-year marriage to a cruel man by stabbing him to death with a kitchen knife, police said.When East Jakarta Police detectives interrogated her yesterday, Suyatmi -- the mother of a six-year-old girl --...
Sat, 15 Nov 1997
Association calls for fishery deregulation
Association calls for fishery deregulation JAKARTA (JP): The Association of Indonesian Fishery Entrepreneurs called on the government yesterday to further streamline industry regulations to boost competitiveness in overseas markets.
Sat, 15 Nov 1997
Unclean mineral water
Unclean mineral waterFrom KompasOn Oct. 24, I bought three 220 ml. cartons of mineral water under the brand name "Total" at the Gama 18 store on Jalan Gajah Mada 18, Bojonegoro, East Java.When serving the water to my guests I was taken aback and disappointed that the water of one of the cartons...
Sat, 15 Nov 1997
Intermittent rain brings relief despite lingering haze
Intermittent rain brings relief despite lingering haze JAKARTA (JP): Intermittent rain in two southern Sumatran towns, Jambi and Palembang, in the last three days has brought sunlight back to the region which has been blanketed by smog for almost four months.
Sat, 15 Nov 1997
'Don't buy fake ABRI souvenirs'
'Don't buy fake ABRI souvenirs' JAKARTA (JP): Military Police chief Maj. Gen. Syamsu D. urged the public yesterday not to buy goods bearing the Armed Forces (ABRI) logo because they were not endorsed.Syamsu was responding to several complaints from businesspeople who had been forced to buy souvenir...