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Fri, 07 Nov 1997
Trakebah and Incognito to start the music at JakJazz
Trakebah and Incognito to start the music at JakJazz JAKARTA (JP): It is usually packed with shoppers, but the area around Pasar Festival on Jl. H.R. Rasuna Said assumes a musical character today with the opening of the Jakarta International Jazz Festival, better known as JakJazz.
Fri, 07 Nov 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 6, 1997: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 800 -25 28,000 AHAP Insurance 2,500 0 0 Alter Abadi 575 0 0 Alumindo Light Metal 475 -50 173,000 Alumindo...
Fri, 07 Nov 1997
Currency crisis haunts Korean financial markets
Currency crisis haunts Korean financial markets SEOUL (AFP): South Korea sank deeper into a financial crisis yesterday as its currency tumbled against the U.S. dollar, sending rattling Southeast Asian markets.
Fri, 07 Nov 1997
Jiang gets fair marks on U.S. trip 'performance'
Jiang gets fair marks on U.S. trip 'performance'By Edward Neilan Debriefing sessions back in Beijing might ask the question: 'Who is this guy Richard Gere?' TOKYO (JP): China's President Jiang Zemin is back in Beijing, facing the music from his colleagues, in a series of critiques on his recent...
Fri, 07 Nov 1997
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: Kelly 3:10 Children's Dance by Sanggar Yurnita 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Student's Quiz: Cerdas Cermat 5:10 Documentary Film 5:30 Performance: Gatra Kencana 6:00 News: Lintasan Berita 6:05 Nusantara,...
Fri, 07 Nov 1997
Cyanide fishing seen as threat
Cyanide fishing seen as threat MANILA (DPA): Environmental officials said yesterday that cyanide and dynamite fishing are threatening marine life in southern Philippine and Malaysian islands, but they are puzzled over the origin of the fishermen using the illegal practices.
Thu, 06 Nov 1997
Int'l cooperation for better health care
Int'l cooperation for better health careBy Ivy Susanti JAKARTA (JP): The constant war which mankind has had to fight throughout its existence is not political or even territorial, but the fight against disease.Dr.
Thu, 06 Nov 1997
Several injured in student brawl
Several injured in student brawl PURWOKERTO, Central Java: A dozen students were injured when pupils from two technical high schools started a brawl in Banyumas regency yesterday.Banyumas Police chief Lt. Col.
Thu, 06 Nov 1997
Leprosy in Maluku
Leprosy in Maluku AMBON, Maluku: At least 1,650 people are still known to be suffering from leprosy in Maluku, health officials said here yesterday."Most of the leper patients being treated since the beginning of the year are in Ambon, north Maluku and southeast Maluku," Dr.
Thu, 06 Nov 1997
MeesPierson launches mutual funds
MeesPierson launches mutual funds JAKARTA (JP): PT MeesPierson Finas Investa management launched here yesterday two open-end mutual funds -- MeesPierson Finas Investa Lestari and MeesPierson Finas Investa Pesona.
Thu, 06 Nov 1997
Bondowoso supplies water to villages
Bondowoso supplies water to villages SURABAYA, East Java: Bondowoso regency announced it has already distributed four million cubic meters of water to six villages worst hit by this year's prolonged drought.
Thu, 06 Nov 1997
Andromeda files suit against govt
Andromeda files suit against govt JAKARTA (JP): Bank Andromeda's directors filed a lawsuit at the State Administrative Court here yesterday against Minister of Finance Mar'ie Muhammad and Governor of Bank Indonesia J. Soedradjad Djiwandono over the closure of their bank.
Thu, 06 Nov 1997
Kadin calls for quick mergers, acquisition of ill banks
Kadin calls for quick mergers, acquisition of ill banks JAKARTA (JP): The Indonesian Chamber of Commerce and Industry (Kadin) called on the government yesterday to quickly help the mergers or acquisitions of existing unhealthy banks to prevent the country's banking industry from plunging into an...
Thu, 06 Nov 1997
Marlina breaks junior record
Marlina breaks junior record JAKARTA (JP): Indonesia's Marlina broke a junior world record at the 1997 Asian Power lifting Championship in Chang Hua, Chinese Taipei, which was staged from Oct. 30 to Nov. 3.Marlina, who competed in the women's 48 kgs division, lifted a total of 412.
Thu, 06 Nov 1997
Families 'wait' 8 years for power
Families 'wait' 8 years for power BOGOR (JP): About 1,000 families from two villages in the Leuwiliang and Pamijahan districts are appealing to state-owned electricity company PLN to supply them with power.
Thu, 06 Nov 1997
Group of 15 backs proposal for new currency rules
Group of 15 backs proposal for new currency rules KUALA LUMPUR (Reuters): The Group of 15 (G-15) developing nations rallied yesterday behind Malaysia's call for currency trading rules and ordered a plan to avert renewed market turbulence that has shaken Southeast Asia's economies.
Thu, 06 Nov 1997
Number of reckless drivers drop: Police
Number of reckless drivers drop: Police JAKARTA (JP): The number of reckless public transportation drivers rounded up since the end of September is dramatically lower than in preceding months, a senior officer said yesterday.Arrests made between Sept. 23 and Nov.
Thu, 06 Nov 1997
Japanese award for Sudharmono
Japanese award for Sudharmono JAKARTA (JP): The Japanese government has announced that it would present the "Grand Cordon of the Order of the Rising Sun Award" to Indonesian former vice president Lt. Gen. (ret) Sudharmono.
Thu, 06 Nov 1997
Special agency needed to promote batik
Special agency needed to promote batik YOGYAKARTA (JP): Participants at the closing of the 1997 International Batik Conference issued a declaration yesterday asserting the need for an agency on batik promotion and development.
Thu, 06 Nov 1997
Cutting trade controls
Cutting trade controls The trade and industrial reforms, announced on Monday, predictably did not attract as much attention as the Nov. 1 closure of 16 banks. The latter move, besides having an immediate impact, is affecting a large number of depositors, creditors and debtors and caused the lay off...
Thu, 06 Nov 1997
KL posts big surplus
KL posts big surplus KUALA LUMPUR (AFP): Malaysia posted a trade surplus of 1.21 billion ringgit (US$360 million) in September, up from 1.15 billion ringgit in August, Finance Minister Anwar Ibrahim was quoted as saying yesterday.
Thu, 06 Nov 1997
Where to watch JakJazz '97
Where to watch JakJazz '97 JAKARTA (JP): The Jakarta International Jazz Festival (JakJazz) '97 will be held at Pasar Festival, Gelanggang Mahasiswa Soemantri Brodjonegoro, Jl. H.R. Rasuna Said, Kuningan, South Jakarta from Nov. 7 to Nov. 9.
Thu, 06 Nov 1997
Stock Exchage
Stock ExchageStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 5, 1997: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 825 -25 25,000 AHAP Insurance 2,500 0 0 Alter Abadi 575 75 2,500 Alumindo Light Metal 525 0 1,000 Alumindo...
Thu, 06 Nov 1997
JakJazz started out deep in debt
JakJazz started out deep in debtBy Achmad Nurhoeri JAKARTA (JP): JakJazz took the stage for the first time in 1988. Ireng Maulana erected stages around the Ancol Dreamland Recreation Center, North Jakarta, including at the now closed drive-in movie theater.
Thu, 06 Nov 1997
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Photo Exhibition: Kesaksian Abadi by Hilmar Pabel, at Galeri Foto Jurnalistik Antara, Jl. Antara No. 59 Pasar Baru, Central Jakarta, daily except Monday, 11:30 a.m. to 7:30 p.m., until Nov. 11.
Thu, 06 Nov 1997
Ansaldo to boost geothermal operations in Indonesia
Ansaldo to boost geothermal operations in Indonesia JAKARTA (JP): Italy's giant power company Ansaldo Energia SpA has extended its cooperation with state-owned machine manufacturer PT PAL Persero to strengthen its presence in the geothermal power sector in Indonesia, the company said yesterday.
Thu, 06 Nov 1997
President would have known bank details: Rudini
President would have known bank details: Rudini JAKARTA (JP): The President would have been fully consulted before Saturday's government announcement on the liquidation of 16 ailing private banks, a former close aide to President Soeharto, Rudini, said yesterday.
Thu, 06 Nov 1997
Audit agency reveals billions of rupiah in losses
Audit agency reveals billions of rupiah in losses JAKARTA (JP): The Supreme Audit Agency revealed yesterday financial losses amounting to billions of rupiah by the government due to poor state finance management over the second semester of the 1996/1997 fiscal year.Chairman of the agency J.B.
Thu, 06 Nov 1997
Salim invites PT Peni to build cracker plant
Salim invites PT Peni to build cracker plant JAKARTA (JP): A joint venture comprising British Petroleum Chemicals (BP), Salim Chemicals Corporation and four Japanese companies has invited petrochemical company PT Peni to be involved in a cracker project in West Java.
Thu, 06 Nov 1997
JakJazz packs punch with big names, cheap tickets
JakJazz packs punch with big names, cheap ticketsBy Stevie Emilia JAKARTA (JP): Fears have been voiced that with the eleventh- hour withdrawals of R&B legend Earth, Wind and Fire and noted singer Michael Franks, this year's Jakarta International Jazz Festival (JakJazz) may have lost its major...
Thu, 06 Nov 1997
Maan extends his lead in Tering Bay Open
Maan extends his lead in Tering Bay Open BATAM, Riau (JP): Favorite Maan Naasim extended his lead in the US$50,000 Tering Bay Golf Championships to five strokes after carding a 70 yesterday for a two-day score of 137.
Thu, 06 Nov 1997
Developers encouraged to act responsibly
Developers encouraged to act responsibly JAKARTA (JP): Governor Sutiyoso insisted yesterday that city developers act responsibly and build low-cost apartments on the land they appropriate."Out of 148 developers, only nine have fulfilled their obligations by building low-cost apartments and seven...
Thu, 06 Nov 1997
How open is environmental information?
How open is environmental information?By Suwiryo Ismail JAKARTA (JP): In Indonesia's legal domain the only legislation recognizing the public's right for information is Law No. 23/1997.This law on environmental management replaces Law No. 4/1982.
Thu, 06 Nov 1997
ASEAN banks consider 'various options'
ASEAN banks consider 'various options' KUALA LUMPUR (AFP): ASEAN central banks are considering "various options" to supplement economic adjustment programs arranged by the International Monetary Fund (IMF), the Malaysian central bank said yesterday.
Thu, 06 Nov 1997
Communism easier to handle than capitalism
Communism easier to handle than capitalism Political scientist and Deputy Governor of the National Resilience Institute Juwono Sudarsono said last week that capitalism had turned out to be more dangerous than communism. He shares his ideas with The Jakarta Post in the following discourse.
Thu, 06 Nov 1997
Cocoa prices rebound
Cocoa prices rebound KUALA LUMPUR (Reuters): Cocoa prices rebounded in Malaysia and Indonesia yesterday, spurred by a rise in New York and by parched weather that kept domestic bean supplies tight, traders said.
Thu, 06 Nov 1997
Bye-bye Bandung
Bye-bye Bandung Before I unplug the MAC from the socket, I have to write one last letter from Bandung. Bandung is the birth place of my daughter.Here, there is 100.55 The Jazz Wave, an FM station that plays great Brazilian music.
Thu, 06 Nov 1997
Senior shuttlers must be allowed to turn pro: Susi
Senior shuttlers must be allowed to turn pro: Susi JAKARTA (JP): World number two Susi Susanti called yesterday for the Badminton Association of Indonesia to change its policy and let senior shuttlers turn professional.
Thu, 06 Nov 1997
Panin Bank posts profit
Panin Bank posts profit JAKARTA (JP): Publicly listed Bank Panin announced yesterday that its net profit was Rp 83 billion (US$25.5 million) in the first three quarters this year, or 3.7 percent higher than the total net profit of Rp 80 billion in 1996.
Thu, 06 Nov 1997
Yayuk's ranking down to 23
Yayuk's ranking down to 23 JAKARTA (JP): Indonesian Yayuk Basuki's ranking has dropped to 21 from 23 in the Women's Tennis Association list, Antara reported yesterday.Yayuk's ranking, based on 1,274 accumulated points, dipped after she lost in the first round of the Kremlin Cup last week.
Thu, 06 Nov 1997
Hotel Mulia 'must scrap second tower'
Hotel Mulia 'must scrap second tower' JAKARTA (JP): A city councilor urged the management of Hotel Mulia Senayan to scrap its plan to erect a second tower because the hotel already violated the authorized land use.
Thu, 06 Nov 1997
Doping dilemma
Doping dilemmaFrom Pikiran RakyatThe 19th Southeast Asia Games have just ended, with Indonesia the overall winner. Despite the success, we were taken aback by several disagreeable happenings, like the unruly behavior of soccer fans one day before the closing of the Games and the doping case of...
Thu, 06 Nov 1997
Airfreight service restriction criticized
Airfreight service restriction criticized JAKARTA (JP): The government's plan to limit international air freighters' services to Batam island in Riau province will make cargo services more costly, an executive said.
Thu, 06 Nov 1997
Debate marks Assembly session
Debate marks Assembly session JAKARTA (JP): Minority factions United Development Party (PPP) and Indonesian Democratic Party (PDI) sparked debate in the People's Consultative Assembly yesterday by suggesting changes to the institution's internal rules.
Thu, 06 Nov 1997
New fortune for Busang seller
New fortune for Busang seller MELBOURNE (Reuters): The British mining executive who sold the Busang gold property in Indonesia for US$6 million years before the site was proved a dud said yesterday his company may be sitting on a new bonanza.
Thu, 06 Nov 1997
RP trying to free kidnapped priest
RP trying to free kidnapped priest MANILA (AFP): President Fidel Ramos said yesterday he had dispatched a member of his cabinet to the southern Philippines to lead efforts to recover an Irish Roman Catholic priest kidnapped by Moslem gunmen.
Thu, 06 Nov 1997
Rupiah rebounds on foreign dollar selling
Rupiah rebounds on foreign dollar selling JAKARTA (JP): The rupiah recovered against the U.S. dollar yesterday on regional positive sentiment and Bank Indonesia's mild intervention as the stock market ended slightly lower in lackluster trading, dealers and brokers said.
Thu, 06 Nov 1997
Marubeni sees upside to Southeast Asian turmoil
Marubeni sees upside to Southeast Asian turmoil TOKYO (Reuters): Recent currency and stock turmoil in Southeast Asian markets has created a good opportunity for firms looking to invest in infrastructure projects there, a senior official with trading firm Marubeni Corp says.
Thu, 06 Nov 1997
Toyota halts production
Toyota halts production TOKYO (DPA): Japan's biggest car-maker, Toyota Motor Corp., said Wednesday it will suspend manufacturing cars in Thailand until the end of this year due to slow sales in that country.
Thu, 06 Nov 1997
U.S. unconvinced by 'Asia fund' concept
U.S. unconvinced by 'Asia fund' concept CANBERRA (Reuters): The United States is not convinced of the need for an "Asia fund" from which countries in the region could draw in times of financial crisis, U.S. Deputy Secretary of State Strobe Talbott said yesterday.