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Wed, 04 Nov 1998
Cibinong resumes payment
Cibinong resumes payment JAKARTA (JP): Publicly listed cementmaker PT Semen Cibinong announced on Tuesday that it had entered into the final stage of debt negotiation with its foreign creditors.Company president Hashim Djojohadikusumo said in a statement that the company had resumed partial monthly...
Wed, 04 Nov 1998
PT SI claims merging would be unhealthy
PT SI claims merging would be unhealthy JAKARTA (JP): State-owned PT Surveyor Indonesia (SI) said on Tuesday it would be best for the country to let the two state- owned surveyor companies operate together rather than merge them.Company president Toga M.
Wed, 04 Nov 1998
30 Africans arrested in two months
30 Africans arrested in two months JAKARTA (JP): The Central Jakarta police have arrested at least 30 Africans for various crimes, mostly for overstaying their visas and involvement in counterfeiting U.S. banknotes, in the last two months.The head of the precinct's intelligence unit, Maj.
Wed, 04 Nov 1998
Indonesian migrant workers
Indonesian migrant workersFrom GatraMinister of Manpower Fahmi Idris has stepped up efforts in the protection of Indonesian workers abroad. The efforts are very late in coming but let's hope they will be useful, especially for the Indonesian migrant workers themselves.
Wed, 04 Nov 1998
Asian stock markets post modest gains
Asian stock markets post modest gains HONG KONG (AFP): Asian stock markets ended with modest gains Tuesday on buying triggered by hopes of easing interest rates and positive sentiment fueled by the overnight rise on Wall Street.
Wed, 04 Nov 1998
Albright to visit Indonesia soon
Albright to visit Indonesia soon WASHINGTON (Reuters): U.S. Secretary of State Madeleine Albright will visit Indonesia later this month for the first time since the downfall of president Soeharto, a U.S. ally for several decades, the State Department said on Monday.
Wed, 04 Nov 1998
On Kwik's writing
On Kwik's writingFrom KompasMr. Kwik Kian Gie's article in Kompas of Oct. 19 is quite informative and analytical. So as a regular reader of his articles, I have been tempted to give my response.Chronologically Kwik dwells on the policies of the reform government in experimenting with the...
Wed, 04 Nov 1998
What do people think of the phenomenon of violence?
What do people think of the phenomenon of violence? JAKARTA (JP): The following tables are the results of a poll on what people think about the phenomenon of violence in regard to the Banyuwangi mysterious killing spree. The poll, conducted by the Resource Productivity Center from Oct. 22 to Oct.
Wed, 04 Nov 1998
Floods hit South Bandung
Floods hit South Bandung BANDUNG: Incessant rains in the past two days have sparked floods in five districts in South Bandung regency, inundating thousands of residences and hundreds of hectares of paddy fields.
Wed, 04 Nov 1998
Rp 33m stolen from firm employee
Rp 33m stolen from firm employee TANGERANG (JP): Two unidentified men stole Rp 33.5 million (US$4,187) in cash from an employee of private insurance company PT Asuransi Jiwa Adi Sarana Wanaartha on Tuesday.The victim, Iskandar, said the thieves smashed his car window and stole the money.
Wed, 04 Nov 1998
Painted trash bins expected to raise waste awareness
Painted trash bins expected to raise waste awarenessBy Stevie Emilia JAKARTA (JP): Can attractive trash cans move people to dispose of their garbage properly? Yes, according to the organizer of a trash-can painting competition held at the Senayan sport complex on Sunday.
Wed, 04 Nov 1998
Balinese continue protests at slur
Balinese continue protests at slur DENPASAR: Thousands of Balinese Hindus in Jembrana regency prayed on Tuesday for the nation's leaders to have a clear conscience in settling the alleged slur on their religion by Cabinet minister A.M. Saefuddin.
Wed, 04 Nov 1998
FIFA happy with S. Korea on W. Cup
FIFA happy with S. Korea on W. Cup SEOUL (Reuters): South Korea is proceeding well with its preparations for co-hosting the 2002 World Cup finals, the head of a visiting FIFA delegation said on Tuesday.
Wed, 04 Nov 1998
119 RI athletes to compete in Asiad
119 RI athletes to compete in Asiad JAKARTA (JP): The National Sports Council announced on Tuesday that it would send 119 athletes, 35 coaches and 39 officials, not including the swimming and equestrian squads, to the 13th Asian Games in Bangkok next month.
Wed, 04 Nov 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film: Thunder Cats 3:05 TV Series: Daktari 4:00 Regional News 4:30 Teen Program: Remaja Indonesia 5:00 Teen Drama: Seputih Hatinya 5:30 Education Quiz: Cepat Tepat 6:00 News: Lintasan Berita 6:05 Documentary: Rona Nusantara 6:15...
Wed, 04 Nov 1998
ASEAN stability tied to food safety
ASEAN stability tied to food safety HANOI (Agencies): Southeast Asian stability depends heavily on food security and the region needs to ensure supplies of staples such as rice, a senior Vietnamese official said on Tuesday.
Wed, 04 Nov 1998
13 dead in river crash
13 dead in river crash JAKARTA (JP): Thirteen bodies have been recovered from a collision between two speedboats on Saturday morning in a river near Sampit town in Central Kalimantan. Another four are missing, feared drowned.Sampit police chief Lt. Col.
Wed, 04 Nov 1998
HMI intensifies pressure to eject ABRI from House
HMI intensifies pressure to eject ABRI from House JAKARTA (JP): The People's Consultative Assembly (MPR) must scrap the Armed Forces' (ABRI) seats in the House of Representatives (DPR) during its Nov. 10 to Nov. 13 Special Session, an influential student group said on Tuesday.
Wed, 04 Nov 1998
PAN's concern is people's welfare
PAN's concern is people's welfareFrom UmmatAs a new party which came into existence during the era of reform, the National Mandate Party (PAN) has not committed any sin against the nation and state, either morally or politically.Nor has the chairman of the party, Dr. H.M.
Tue, 03 Nov 1998
Observers: Economic motives behind riots
Observers: Economic motives behind riots JAKARTA (JP): Observers agreed on Monday that unrest and hatred of Chinese-Indonesians was rooted in economic gaps rather than racial and religious differences.The observers also told a seminar on assimilation that violations in business ethics by some...
Tue, 03 Nov 1998
Balinese to prayer for end to rift
Balinese to prayer for end to rift DENPASAR, Bali: Hindus in Bali are planning a mass prayer this Thursday for an immediate and peaceful end to the rift between them and Minister of Food and Horticulture A.M. Saefuddin, Antara news agency reported on Monday.
Tue, 03 Nov 1998
Actor 'Pak' Tile dead at 67
Actor 'Pak' Tile dead at 67 JAKARTA (JP): Senior but still popular actor Muhammad Nun Tile, fondly known as Pak Tile, passed away at 67 here on Monday morning. He suffered from chronic asthma and bronchial cancer.
Tue, 03 Nov 1998
ABRI braced for MPR special session
ABRI braced for MPR special session JAKARTA (JP): The Armed Forces has vowed to safeguard the upcoming special session of the People's Consultative Assembly (MPR), saying on Monday it would not tolerate any campaign to prevent or disrupt the event.Secretary-general of the Ministry of Defense Lt.
Tue, 03 Nov 1998
Trial of suspected E. Java killers to start this week
Trial of suspected E. Java killers to start this week SURABAYA (JP): East Java chief prosecutor Adenan Kasian said on Monday that trials would begin this week of people suspected of involvement in various murders in at least 11 of the provinces' regencies over the past months.
Tue, 03 Nov 1998
Rp 100m hashish haul impounded
Rp 100m hashish haul impounded JAKARTA (JP): Customs and excise officers at Soekarno-Hatta International Airport have thwarted an attempt to smuggle 11 kilograms of dried hashish valued at Rp 100 million (US$12,500) through an inter-island cargo shipment.
Tue, 03 Nov 1998
Bakrie looks to debt restructuring deal
Bakrie looks to debt restructuring deal JAKARTA (JP): Conglomerate PT Bakrie & Brothers expects to reach a debt restructuring agreement with its foreign and domestic creditors by January, a key company official said on Monday.
Tue, 03 Nov 1998
Industrial waste fouls Tangerang river, canal
Industrial waste fouls Tangerang river, canal TANGERANG (JP): Water used and consumed by residents living along the banks of the Cisadane River and Mookervaart canal here has been badly contaminated by at least 43,000 cubic meters of industrial waste per day, an official said Monday.
Tue, 03 Nov 1998
A welcome move
A welcome move Much to the amazement of many, a most sensible proposal has just been issued from one of the most unlikely and unexpected quarters. Din Sjamsuddin, deputy leader of the Golkar faction in the People's Consultative Assembly (MPR), the nation's highest legislative assembly, told...
Tue, 03 Nov 1998
Agreement between debtors and creditors still far off
Agreement between debtors and creditors still far offBy Reiner S. JAKARTA (JP): Some thorny issues are still seen as obstacles to further negotiations between local debtors and foreign creditors attempting to arrive at out-of-court debt settlements, according to participants in a debt conference on...
Tue, 03 Nov 1998
State Bank Exim takes multi-finance firm to court
State Bank Exim takes multi-finance firm to court JAKARTA (JP): The state Bank Ekspor Impor Indonesia (Bank Exim) filed a bankruptcy petition against multi-finance firm PT Pacific International Finance with the commercial court on Monday.
Tue, 03 Nov 1998
Lippo Bank to close nine overseas offices
Lippo Bank to close nine overseas offices JAKARTA (JP): Lippo Bank will close nine of its 13 foreign offices in a cost-cutting exercise as it seeks to improve its local operation.James T. Riady, deputy chairman of the Lippo Group, said on Monday that the offices which would be closed included the...
Tue, 03 Nov 1998
Tycoon's trip to N. Korea may help relations
Tycoon's trip to N. Korea may help relationsBy Bill Tarrant SEOUL (Reuters): The octogenarian founder of South Korea's largest conglomerate returned from a historic trip to the enemy North at the weekend with a fistful of business deals that could help mend ties on the Cold War's last frontier.
Tue, 03 Nov 1998
Govt expects banks to repay liquidity debts in cash
Govt expects banks to repay liquidity debts in cash JAKARTA (JP): The government expects owners of failed and troubled banks to repay in cash at least 30 percent of their liquidity debts to the government within one year.
Tue, 03 Nov 1998
Elevated toll roads for traffic snarls
Elevated toll roads for traffic snarls Despite the dire crisis by which Indonesia is sadly still gripped, people still seem to use their cars, to judge by the ever-present traffic jams. This caused me to think again about a possible solution that would at least reduce the present load on...
Tue, 03 Nov 1998
Asian stock markets end firmer
Asian stock markets end firmer TOKYO (AFP): Asian stock markets ended higher on Monday on follow-through buying spurred by G-7 resolve to prevent a global economic slide and Wall Street's rebound on better-than-expected U.S. economic growth data.Tokyo gained 2.
Tue, 03 Nov 1998
FIFA inspects W. Cup readiness
FIFA inspects W. Cup readiness SEOUL (AP): A five-member delegation from FIFA, soccer's world governing body, arrived in Seoul Monday to inspect preparations for the 2002 World Cup to be co-hosted with Japan.
Tue, 03 Nov 1998
Diners flee as restaurant goes up in flames
Diners flee as restaurant goes up in flames JAKARTA (JP): A fire broke out in the two-story Ikan Tude restaurant on Jl. Blora in Central Jakarta during the lunchtime rush hour on Monday, forcing customers eating in the building to flee in panic.
Tue, 03 Nov 1998
Golkar finally apologizes for past mistakes
Golkar finally apologizes for past mistakes JAKARTA (JP): Golkar finally responded to growing public contempt and has apologized to the nation for past political mistakes that it committed during Soeharto's New Order regime.
Tue, 03 Nov 1998
BII sets off computer-bug
BII sets off computer-bug JAKARTA (JP): Bank International Indonesia (BII) has announced it will temporarily turn off its computer system this weekend, starting on Nov. 6 at 10 p.m. in a bid to prepare itself for the millennium bug.
Tue, 03 Nov 1998
To Gen. Wiranto
To Gen. WirantoFrom GatraI am deeply concerned about the various riots in the provinces and big cities in Indonesia. The shooting of Trisakti University students; the May 13 to May 15 riots in Jakarta; the torching of houses and shops; the looting of ethnic-Chinese property in Medan, Pontianak,...
Tue, 03 Nov 1998
Rates for tax payment
Rates for tax payment Conversion rates for tax payments, valid from Nov. 2 to Nov. 8: U.S. dollar 1 Rp 7,350.00Austrian schilling 1 631.99Australian dollar 1 4,526.13Belgian franc 1 215.47Canadian dollar 1 4,741.94Swiss franc 1 5,396.87Deutschemark 1 4,415.21Danish krone 1 1,168.
Tue, 03 Nov 1998
Seoul hails Hyundai's relations with North
Seoul hails Hyundai's relations with North SEOUL (AFP): South Korean President Kim Dae-Jung hailed on Monday the planned launch of the first ever tourism link with North Korea, but urged caution in hoping for an early thaw in ties with the Stalinist North.
Tue, 03 Nov 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 2, 1998: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 275 0 0 AHAP Insurance 400 0 0 Alter Abadi 250 0 0 Alumindo Light Metal 225 -25 5,000 Alumindo Perkasa 125 0...
Tue, 03 Nov 1998
Charity concert for orphans held
Charity concert for orphans held JAKARTA (JP): Supported by vocalist-cafe owner Nia Zulkarnaen, local band Flashback held a charity concert on Sunday at street cafes in the Plaza Senayan complex on Jl. Asia Afrika, Central Jakarta, to raise funds to help orphans.
Tue, 03 Nov 1998
Protests against ABRI's dual function
Protests against ABRI's dual function PADANG, West Sumatra (JP): About 500 students from nine universities staged a peaceful protest against the Armed Forces (ABRI) sociopolitical role at the local legislature here on Monday.
Tue, 03 Nov 1998
Government to retender 320-km pipeline project
Government to retender 320-km pipeline project DENPASAR, Bali (JP): The government has annulled the contract awarded to PT Trihasra Binanusa Tunggal, a company owned by former president Soeharto's children, for construction of a 320- kilometer fuel pipeline in Java.
Tue, 03 Nov 1998
Council defends meeting in Puncak
Council defends meeting in Puncak JAKARTA (JP): City Council speaker Edy Waluyo denied on Monday reports that city councilors spent a great deal of money to fund their meeting about the city's budget in the Puncak resort area in Bogor recently.Edy said the two-day meeting which was opened on Oct.
Tue, 03 Nov 1998
Taiwan firm eyes SE Asia
Taiwan firm eyes SE Asia TAIPEI (Dow Jones): The Southeast Asia Investment Holding Corp., a venture capital company led by China Development Corp., began operations Nov. 1 and is actively looking for investment opportunities in the region, an official of the holding company said Monday.
Tue, 03 Nov 1998
Jakartans told to be alert as MPR meeting nears
Jakartans told to be alert as MPR meeting nears JAKARTA (JP): Governor Sutiyoso urged Jakartans to remain on the alert in line with escalating death threats and widespread rumors of renewed rioting ahead of next week's special session of the People's Consultative Assembly (MPR).
Tue, 03 Nov 1998
Conference on debt begins
Conference on debt begins JAKARTA (JP): Approximately 1,200 participants representing mostly local debtors and foreign creditors attended the Jakarta Initiative conference, which opened on Monday to restart stalled negotiations on massive corporate debts.