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Fri, 06 Nov 1998
Saga sells Jambi block
Saga sells Jambi block OSLO (Dow Jones): Norwegian upstream oil company Saga Petroleum ASA said Thursday it has sold its stake in the Jambi Merang block in Indonesia to YPF Indonesia Ltd. and Amerada Hess Limited for NOK133 million (US$17.7 million).
Fri, 06 Nov 1998
Govt to learn from green activists: Habibie
Govt to learn from green activists: Habibie JAKARTA (JP): President B.J. Habibie suggested on Thursday that the government and the public learn from some award-winning environmental activists, many of whom are unschooled, who had selflessly translated ideals into actions in the promotion of the...
Fri, 06 Nov 1998
Amien alleges Soeharto role in Java murder spree
Amien alleges Soeharto role in Java murder spree JAKARTA (JP): Chairman of the Indonesian Mandate Party (PAN) Amien Rais alleged on Thursday that former president Soeharto was involved in the killings of almost 200 Moslem preachers and people accused of practicing black magic in a wave of murders...
Fri, 06 Nov 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 5, 1998: -------------------------------------------------------- Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 225 0 0 AHAP Insurance 400 0 0 Alter Abadi 275 25...
Fri, 06 Nov 1998
Man killed in argument over politics
Man killed in argument over politics JAKARTA (JP): A man was beaten to death in Cipinang Jaya, East Jakarta early on Thursday morning following a heated argument on the latest developments in the country's political condition.
Fri, 06 Nov 1998
Andrean beats Indian chess ace
Andrean beats Indian chess ace JAKARTA (JP): Indonesian junior chess player Andrean Susiladinata toppled Indian ace Abhijeet Gupta on Wednesday to open up his chance to finish among the top three at the World Age Group Chess Championships in Oropesa Del Mar, Spain.
Fri, 06 Nov 1998
Gas pipeline opening canceled
Gas pipeline opening canceled JAKARTA (JP): President B.J. Habibie canceled on Thursday the planned dedication of a gas pipeline in central Sumatra owned by state gas distribution company PT Perusahaan Gas Negara (PGN) following a land dispute involving one of the company's clients.
Fri, 06 Nov 1998
Intercontinental cuts deal
Intercontinental cuts deal JAKARTA (JP): Publicly listed PT Jakarta International Hotels and Development (JIHD), the owner of the five-star Hotel Borobudur Intercontinental Jakarta announced on Thursday that international hotel chain Intercontinental Hotels and Resorts will stop managing the hotel...
Fri, 06 Nov 1998
Norway helps with Braille equipment
Norway helps with Braille equipment JAKARTA (JP): A three-year project to develop the use of Braille in seven blind resource centers and 40 special schools around the country was officially launched on Thursday.A total of US$17.
Fri, 06 Nov 1998
Mar'ie: Provinces must be given the widest possible autonomy'
Mar'ie: Provinces must be given the widest possible autonomy' JAKARTA (JP): Former minister of finance Mar'ie Muhammad said on Thursday that he supported autonomy for the provinces as it would help avoid a repetition of the neglect experienced by provinces outside Java and Bali.
Fri, 06 Nov 1998
Ancient Javanese shadow drama set for English performance
Ancient Javanese shadow drama set for English performanceBy Ton Bintoro JAKARTA (JP): The scene is set. The tree of life spins around and is planted upright in the middle of the screen. The music begins with a trance-like beat.
Fri, 06 Nov 1998
Loss of authority
Loss of authorityFrom Sinar PagiB.J. Habibie's is a transitional government. Since its induction it has come in for sharp criticism by the community and will again in the future.Habibie himself is not a leading figure in society and does not quite fit the bill of an authoritative leader, especially...
Fri, 06 Nov 1998
State banks bolster weak rupiah
State banks bolster weak rupiah JAKARTA (JP): The rupiah remained under pressure on Thursday, breaking through the 9,000 barrier against the U.S. dollar before bouncing back to close the day at 8,600 after massive intervention by state banks.
Fri, 06 Nov 1998
Most trade financing schemes 'not utilized'
Most trade financing schemes 'not utilized' JAKARTA (JP): Most of the trade financing facilities obtained by the government from several donor countries has not been fully utilized by local banks to help restore import activities, according to the government.
Fri, 06 Nov 1998
Flooding spreads to Kebumen
Flooding spreads to Kebumen KEBUMEN, Central Java: More than 3,000 hectares of paddy were damaged and dozens of villages in three subdistricts inundated in flooding that hit the Kebumen regency following incessant rain since Tuesday. No casualties were reported.
Thu, 05 Nov 1998
RI given discount on cattle imports
RI given discount on cattle imports JAKARTA (JP): The country will import 30,000 beef cattle at discounted prices from Western Australia to meet expected high demand over Christmas, New Year's and the Moslem Idul Fitri festivities in January.
Thu, 05 Nov 1998
Foreign investment approvals slump 50% until October
Foreign investment approvals slump 50% until October JAKARTA (JP): The government approved US$12.7 billion worth of foreign investment projects in the first 10 months of 1998, down 49.8 percent from projects worth $25.
Thu, 05 Nov 1998
Kostrad meeting was 'not secret'
Kostrad meeting was 'not secret' JAKARTA (JP): Noted businessman Hashim S. Djojohadikusumo claimed on Wednesday that there was nothing secret about the meeting held at the Army's Strategic Reserve Command (Kostrad) headquarters on May 14, saying it was a "very normal meeting among friends".
Thu, 05 Nov 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 4, 1998: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 225 -50 17,000 AHAP Insurance 400 0 0 Alter Abadi 250 0 1,000 Alumindo Light Metal 225 0 0 Alumindo Perkasa...
Thu, 05 Nov 1998
Javan hawk-eagle numbers dwindling
Javan hawk-eagle numbers dwindling JEMBER, East Java: A chief conservationist expressed concern on Tuesday over the decreasing number of Javan hawk-eagles in the country, Antara reported.The population of Javan hawk-eagles is estimated at no more than 200 and it is feared their numbers will...
Thu, 05 Nov 1998
Disabled reject severance pay
Disabled reject severance pay JAKARTA (JP): Eighty handicapped workers of Swa Prasidya Purna workshop for the handicapped rejected on Wednesday combined severance pay of Rp 200 million (US$25,000) offered by the center's management.
Thu, 05 Nov 1998
Designers compromise creativity to meet targets
Designers compromise creativity to meet targetsBy Stevie Emilia JAKARTA (JP): In their work, designers depend mostly on creativity. But in facing the future's competition, many of them, like it or not, must compromise with the demand from producers and the market, leaving cultural aspects behind.
Thu, 05 Nov 1998
TGPF report on riots gets mixed reactions
TGPF report on riots gets mixed reactions JAKARTA (JP): Criticism and praise have greeted the long- awaited findings of the joint fact-finding team on the May riots which blanketed Jakarta and other major cities.Minister of Defense and Security/Armed Forces Commander (ABRI) Gen.
Thu, 05 Nov 1998
Bankers call on govt to extend CAR deadline
Bankers call on govt to extend CAR deadline JAKARTA (JP): Bankers urged the government on Wednesday to set back the end-of-December deadline for all commercial banks to have a minimum 4 percent capital adequacy ratio (CAR) due to their current difficulty in raising cash.
Thu, 05 Nov 1998
Debtor-creditor date
Debtor-creditor date The two-day conference on Indonesian corporate foreign debt that ended here on Tuesday was not designed to reach any concrete deals but mainly to jump-start negotiations between creditors and debtors.
Thu, 05 Nov 1998
Slow action
Slow actionFrom GatraFor four full years -- from July 1991 to July 1995 -- I was assigned to a state enterprise in Banyuwangi, East Java, a district subdivided into 13 subdistricts and having a population of some 1.5 million people.
Thu, 05 Nov 1998
ADB provides aid for irrigation
ADB provides aid for irrigation MANADO, North Sulawesi: The Asian Development Bank (ADB) has provided more than Rp 29 billion for the repair and maintenance of irrigation networks in the province for the 1998/1999 fiscal year, Antara reported on Wednesday.
Thu, 05 Nov 1998
Most SE Asian currencies gain footing
Most SE Asian currencies gain footing SINGAPORE (Dow Jones): All Southeast Asian currencies, except Indonesia's flagging rupiah, managed to climb higher against the U.S. dollar despite a gradually weakening yen in Asian trading on Wednesday.The Philippine peso pushed as high as 39.
Thu, 05 Nov 1998
Local producers stand up to influx of imports
Local producers stand up to influx of imports JAKARTA (JP): An influx of cheap imported paper onto the domestic market has not yet affected local producers, a senior Ministry of Industry and Trade official said on Wednesday.
Thu, 05 Nov 1998
RI's postcrisis financial sector
RI's postcrisis financial sectorBy Eddy Soeparno JAKARTA (JP): Indonesia, relative to other regional countries, is still lagging way behind in terms of its economic recovery. The country has just received a "Pass" grade from the International Monetary Fund (IMF), after months of lengthy...
Thu, 05 Nov 1998
Net int'l reserves increase to US$14.21b
Net int'l reserves increase to US$14.21b JAKARTA (JP): Bank Indonesia's (BI) net international reserves rose by US$299.8 million to $14.21 billion in the week ending Oct. 30 from the previous week's $13.91 billion, the central bank announced on Wednesday.
Thu, 05 Nov 1998
Squatters occupy a disputed Ancol plot
Squatters occupy a disputed Ancol plot JAKARTA (JP): A group of 100 people occupied a 1.4-hectare plot of land inside the Ancol dreamland park in North Jakarta on Wednesday.Claiming to be representatives of the land's heirs, the squatters pitched bamboo and canvas tents and pledged to remain on the...
Thu, 05 Nov 1998
Palembang, too, has beautiful batik
Palembang, too, has beautiful batikBy Lila Fitri Aly JAKARTA (JP): We know all about batik from Yogyakarta, Surakarta (Solo), Pekalongan or other cities of Central Java. But Palembang batik?In fact, batik production is found not only in Java, but also other areas of the country such as Palembang...
Thu, 05 Nov 1998
Reporters robbed aboard minivan
Reporters robbed aboard minivan JAKARTA (JP): Two reporters and two other passengers were robbed of belongings worth about Rp 4 million (US$500) by a gang of five young men who boarded their public minivan near Jatinegara railway station in East Jakarta early on Wednesday morning.
Thu, 05 Nov 1998
Indosat reports 89.4% rise in net profit
Indosat reports 89.4% rise in net profit JAKARTA (JP): PT Indonesian Satellite Corporation (Indosat) announced on Wednesday consolidated net income of Rp 847.7 billion (US$79.2 million) for the first nine months of 1998, representing an 89.4 percent increase over the same period of last year.
Thu, 05 Nov 1998
Siemens enters local fire protection market
Siemens enters local fire protection market JAKARTA (JP): Swiss fire protection equipment maker Cerberus AG, a unit of the Germany-based technology company Siemens AG, has set up a joint venture offering fire protection and security systems to buildings in the country.
Thu, 05 Nov 1998
KONI picks swimmers, horse riders for Asiad
KONI picks swimmers, horse riders for Asiad JAKARTA (JP): National Sports Council (KONI) chairman Wismoyo Arismunandar on Wednesday gave the nod to two women swimmers and four horse riders to compete at the 13th Asian Games in Bangkok next month.
Thu, 05 Nov 1998
Floods force many from homes
Floods force many from homes BANYUMAS, Central Java: Thousands of residents in six districts in the regencies of Banyumas and Cilacap were forced to flee to higher ground after their homes were inundated following two days of heavy rains.
Thu, 05 Nov 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film: Thundercats 3:05 Environment Program 3:30 Science Film: Invention 4:00 Regional News 4:30 Creative Program: Karya Kita 5:00 Arabic Lessons 5:30 TV Series: The Man from Uncle 6:00 News: Lintasan Berita 6:05 Documentary: Rona...
Thu, 05 Nov 1998
We'll get tough, Wiranto says
We'll get tough, Wiranto says JAKARTA (JP): The Armed Forces (ABRI) has threatened to take stern action against anyone attempting to disrupt the Nov. 10 through Nov. 13 Special Session of the People's Consultative Assembly (MPR) as it believes the event is the "only gateway" to a democratic...
Thu, 05 Nov 1998
CPO exports fall in response to strong rupiah
CPO exports fall in response to strong rupiah JAKARTA (JP): Producers of crude palm oil (CPO) have cut back on exports as the rupiah gains some strength against the U.S. dollar and the government maintains a high export tax on the product, an industry executive has said.
Thu, 05 Nov 1998
UNESCO warns RI facing a dire problem
UNESCO warns RI facing a dire problemBy Rita A. Widiadana Indonesia has been buffeted by social, economic and political blows for more than a year. And there is no sign of a recovery in sight. The country's education, culture and science sectors, along with environmental management, are...
Thu, 05 Nov 1998
Senayan to renegotiate deal with Mulia Hotel
Senayan to renegotiate deal with Mulia Hotel JAKARTA (JP): The Senayan sports complex management will first target Hotel Mulia Senayan as it seeks better deals with 10 enterprises occupying its prime real estate in Central Jakarta, its vice chairman Agung Laksono said Wednesday.
Thu, 05 Nov 1998
Public to get say on use of safety net funds
Public to get say on use of safety net funds BANJARMASIN, South Kalimantan (JP): Coordinating Minister for People's Welfare/Poverty Eradication Haryono Suyono said on Tuesday there would be more public say on the use of safety net funds.
Thu, 05 Nov 1998
Singapore to mend Malaysia fences
Singapore to mend Malaysia fences SINGAPORE (AFP): Singapore Prime Minister Goh Chok Tong will make a one-day visit to Malaysia on Thursday to meet with Prime Minister Mahathir Mohamad, it was announced here on Wednesday.
Thu, 05 Nov 1998
President's religion
President's religion I am writing in response to Masli Arman's letter of Oct. 28. He wrote: "By analogy, to expect a non-Moslem to be the next President of Indonesia is as unrealistic as to expect a Moslem to be the prime minister of Hindu India...
Thu, 05 Nov 1998
U.S. sees 'somber' APEC
U.S. sees 'somber' APEC WASHINGTON (AFP): U.S. Trade Representative Charlene Barshefsky on Tuesday warned that an upcoming APEC summit would be a "somber" affair, citing the depth of the Asian economic malaise and Japanese resistance to tariff cuts.
Thu, 05 Nov 1998
Where to go in Surabaya:
Where to go in Surabaya:Exhibition * Photo Exhibition: Images d'Europe by Jean-Christophe Ballot, at CCCL - French Cultural Center Jl. Darmokali 10 (Phone: 031 5678639), 9 a.m. to 8:30 p.m., Nov. 9-28.Film * French Film, at CCCL - French Cultural Center, La vie est un long fleuve tranquille, 2 p.m.
Thu, 05 Nov 1998
The Moslem Conference
The Moslem Conference Despite the organizing committee's earlier promise that the currently ongoing Indonesian Moslem Congress was intended purely as a means of strengthening bonds, we cannot avoid smelling political motives after hearing yesterday's opening speech by the chairman of the Indonesian...
Thu, 05 Nov 1998
Insurance firms 'must pay out on riots claims'
Insurance firms 'must pay out on riots claims' JAKARTA (JP): Immediate settlement of insurance claims related to last May's rioting would improve the image of the insurance industry, an executive said here on Wednesday.