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Wed, 26 Nov 1997
Where to go in Bandung:
Where to go in Bandung:Music and Entertainment * Sheraton Hotel, Jl. Ir. H. Juanda No. 390: - Tuscany's Restaurant: Quartet Singers, Los Anjus, Monday and Wednesday, at 7 p.m., Acapella, Friday, Saturday, at 8 p.m. to 9 p.m. - Samsara Lounge: Kecapi Suling, Monday to Thursday, at 5 p.m. to 7 p.m.
Wed, 26 Nov 1997
U.S.-RP task force on waste proposed
U.S.-RP task force on waste proposed MANILA (AFP): The Philippines has proposed a joint task force with the United States to investigate whether former U.S. bases in this country contain toxic waste, it was announced yesterday.
Wed, 26 Nov 1997
Bintuni Minaraya to sell 400m shares
Bintuni Minaraya to sell 400m shares JAKARTA (JP): Integrated fishing company PT Bintuni Minaraya, plans to sell 400 million new shares, or around 24.5 percent of its total shares, early next year to raise funds for financing its expansion program.
Wed, 26 Nov 1997
Thammanoon ready to defend his title
Thammanoon ready to defend his title JAKARTA (JP): Defending champion Thammanoon Sriroj of Thailand is ready to defend his title at the US$300,000 1977 Tugu Pratama PGA Championship.Thammanoon said at a press conference yesterday that he was in good shape for the tournament scheduled from today to...
Wed, 26 Nov 1997
Currencies to squeeze profits of ASEAN food firms
Currencies to squeeze profits of ASEAN food firms SINGAPORE (Reuters): The financial turbulence sweeping Southeast Asia will hit the bottom-line earnings of food companies this year and next, participants at an ASEAN food conference in Singapore said yesterday.
Wed, 26 Nov 1997
Business strategy in Asia-Pacific
Business strategy in Asia-PacificBy Sofjan Wanandi This is the second of two articles based on a paper presented at the Asia Pacific Economic Cooperation forum's CEO Summit in Vancouver, Canada on Sunday.
Wed, 26 Nov 1997
Rupiah's sharp depreciation affects Telkom's net profit
Rupiah's sharp depreciation affects Telkom's net profit JAKARTA (JP): State-owned domestic telecommunications operator PT Telkom reported yesterday a slower growth in its net profit in the third quarter of this year due to the sharp deprecation of the rupiah against the dollar since last July.
Wed, 26 Nov 1997
Airline company gets bomb threat
Airline company gets bomb threat BANDA ACEH, Aceh: Malaysia's Pelangi Airways has received a bomb threat over plans to resume its Banda Aceh-Kuala Lumpur- Penang flights on Friday, Nov. 28, Antara reported.
Wed, 26 Nov 1997
ADB's loan to Indonesia
ADB's loan to Indonesia MANILA (AFP): The Asian Development Bank (ADB) yesterday said it had approved a US$78.6-million loan to promote self-reliance among Indonesia's poor.The loan will go to developing a mechanism for reducing poverty through self-help groups and small loans and through training...
Wed, 26 Nov 1997
Kemang businesses react angrily to city's closure plan
Kemang businesses react angrily to city's closure plan JAKARTA (JP): The city's plan to close 180 businesses in Kemang for permit violations is "unfair" and should be reconsidered, according to those affected by the decision.
Wed, 26 Nov 1997
200 cars to compete in Wisata Rally
200 cars to compete in Wisata Rally JAKARTA (JP): About 200 cars are expected to take part in the Langit Biru Wisata Rally around the capital on Dec. 7.The tour is being held to commemorate the 50th anniversary of Pertamina, the state-run oil company, which is organizing the event with the Jakarta...
Wed, 26 Nov 1997
Scholar warns nation of bloody coflicts
Scholar warns nation of bloody coflicts DEPOK, West Java (JP): Political scientist Mochtar Pabottingi has warned that "bloody" conflicts could take place if power holders continue to ignore the pressing public demand for political reform.
Wed, 26 Nov 1997
BI avoids firm stance on Bambang's acquisition of Bank Alfa
BI avoids firm stance on Bambang's acquisition of Bank Alfa JAKARTA (JP): Bank Indonesia, the central bank, attempted to respond to questions from members of the House of Representatives yesterday about the allegedly controversial acquisition of Bank Alfa's license by President Soeharto's son...
Wed, 26 Nov 1997
'Time to pick up stocks'
'Time to pick up stocks' SINGAPORE (AFP): It's time to pick up selected stocks in Southeast Asia at bargain prices despite the regional financial crisis but profits won't come for years, a regional equities guru said in remarks published Tuesday.
Wed, 26 Nov 1997
OPEC assesses member compliance with quota
OPEC assesses member compliance with quota JAKARTA (JP): The Organization of Petroleum Exporting Countries (OPEC) held preliminary talks yesterday to assess the compliance of its members with production quotas amid heated discussion over a proposed quota increase.
Wed, 26 Nov 1997
Students group refuses Soeharto's renomination
Students group refuses Soeharto's renomination JAKARTA (JP): A small group of law students dared yesterday to dissent from the increasingly uniform voice of the community by rejecting the renomination of President Soeharto for the 1998/2003 presidency.
Wed, 26 Nov 1997
DBS Bank comfortable with Korean exposure
DBS Bank comfortable with Korean exposure SINGAPORE (Reuters): DBS Bank, one of Singapore's largest, is comfortable with its loan exposure in South Korea and Indonesia, bank deputy president Tan Soo Nan said yesterday.
Wed, 26 Nov 1997
Johannes Kotjo quits ABR
Johannes Kotjo quits ABR SINGAPORE (Reuters): Food group ABR Holdings Ltd said yesterday its board of directors had been changed.The announcement followed acquisition of control of the company by a group of Singapore businessmen.
Wed, 26 Nov 1997
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting Exhibition: The Southern Charm by Katrina Bohan- Tyrie, at Galeri Linggar, Jl. Kemang Timur No. 36, South Jakarta, 10 a.m. to 10 p.m., until Dec. 7. * Painting Exhibition: By Yaqub Elka at Kedai Cakep, Gelanggang Remaja Bulungan, Jl.
Wed, 26 Nov 1997
Seven killed in road accident
Seven killed in road accident PAMANUKAN, West Java: Seven people died Monday morning when a passenger bus collided with a truck on Pamanukan road, Sukasari village, Subang regency, Antara reported.Two of the casualties were the drivers of the Putri Jaya bus and the truck.
Wed, 26 Nov 1997
Hooliganism at soccer matches
Hooliganism at soccer matchesFrom Sinar PagiThe Liga Indonesia soccer competition has just started, but its impact is already being felt. In certain towns hooliganism has occurred. It is a bad sign for the development of Indonesian soccer and the safety of the community.
Wed, 26 Nov 1997
Foreign medics 'free to examine Pakpahan'
Foreign medics 'free to examine Pakpahan'By Kornelius Purba VANCOUVER, Canada (JP): Indonesian President Soeharto told United States President Bill Clinton on Monday that Indonesia would not object to foreign doctors examining jailed labor leader Muchtar Pakpahan.
Wed, 26 Nov 1997
'Lutung Kasarung' performed on stage
'Lutung Kasarung' performed on stage JAKARTA (JP): A theatrical performance of one of Indonesia's profound literary pieces, Lutung Kasarung, will be held at the Jakarta Playhouse until tomorrow night.Several health foundations have organized the Charity Night of Paripurna Theater as a sign of...
Wed, 26 Nov 1997
Australia gives A$1m in aid to Irian Jaya
Australia gives A$1m in aid to Irian Jaya JAKARTA (JP): The Australian government announced yesterday it would provide A$1 million (US$700,000) in aid to Jayawijaya in Irian Jaya, adding to the string of donations to the drought-hit regency.
Wed, 26 Nov 1997
Separatist rebels foray for food
Separatist rebels foray for food JAYAPURA, Irian Jaya: Chief of the Irian Jaya Military Command Maj. Gen. Johny Lumintang said hunger has forced separatist rebels, who have been hiding in the hills, to approach villages in search for food, Antara reported.
Wed, 26 Nov 1997
Students protest teachers' insult
Students protest teachers' insult MATARAM, West Nusa Tenggara: At least 80 students of a high school in Praya, Central Lombok, and their parents staged a demonstration at the provincial education office over the expulsion of a female student that the teachers accused of being a prostitute.
Wed, 26 Nov 1997
PSN reports higher losses from January to September
PSN reports higher losses from January to September JAKARTA (JP): Publicly listed satellite operator PT Pasifik Satelit Nusantara (PSN) reported here yesterday total losses of US$7.34 million in the first nine months of this year, up sharply from $282,472 in losses during the same period last year.
Wed, 26 Nov 1997
Sinking 'Leuser' to be replaced
Sinking 'Leuser' to be replaced SAMARINDA, East Kalimantan: Minister of Transportation Haryanto Dhanutirto ordered the state-owned shipping company PT Pelni yesterday to find another passenger ship to take over from the now-sinking KM Leuser.
Wed, 26 Nov 1997
City to target unruly civil servants
City to target unruly civil servants JAKARTA (JP): The municipality is to launch a major crackdown on disobedient civil servants at City Hall in a bid to strengthen discipline.Toha Reno, head of the city's public order subdivision, told The Jakarta Post yesterday that the program will restart early...
Wed, 26 Nov 1997
Sjafrie pledges to rid T. Abang of hoodlums
Sjafrie pledges to rid T. Abang of hoodlums JAKARTA (JP): The city's rehabilitation program for 68 alleged hoodlums from Tanah Abang in Central Jakarta will help reestablish the men as good citizens in the community, a military official said yesterday.
Wed, 26 Nov 1997
Confidence crisis not yet over despite aid: Expert
Confidence crisis not yet over despite aid: Expert JAKARTA (JP): The turmoil that continues to hit the rupiah and the local stock market indicates that confidence has yet to return to the country's economy despite an International Monetary Fund bailout, an economist has said.
Wed, 26 Nov 1997
WIC to hold charity bazaar
WIC to hold charity bazaar JAKARTA (JP): The Women's International Club (WIC) here is to hold its 30th, two-day, charitable bazaar at the Jakarta Convention Center in Central Jakarta next week.Mariah Waworuntu, general chairwoman of WIC-Jakarta, said yesterday that the bazaar would be opened Monday...
Wed, 26 Nov 1997
Govt factions dismiss fear of authoritarianism
Govt factions dismiss fear of authoritarianism JAKARTA (JP): Three factions in favor of a motion to grant the next president extra power strove yesterday to appease some people's concern that it would lead to authoritarianism.
Wed, 26 Nov 1997
Hundreds of small and middle developers on brink of collapse
Hundreds of small and middle developers on brink of collapse JAKARTA (JP): Hundreds of small and medium-scale housing developers are on the brink of collapse due to the credit crunch stemming from the government's monetary policies, according to the Association of Real Estate Developers (REI).
Wed, 26 Nov 1997
Banks need info incentives, disincentives
Banks need info incentives, disincentivesBy Suwiryo Ismail JAKARTA (JP): The recent liquidation of 16 insolvent banks is one of the worst incidents in the history of the country's monetary communication during the New Order era.
Wed, 26 Nov 1997
Asahi to build RI plant
Asahi to build RI plant TOKYO (Reuters): Mitsubishi Corp and Asahi Chemical Industry Co Ltd said yesterday that they would build a $240 million plant in Indonesia to produce ammonia.The ammonia plant is expected to have a production capacity of 500,000 tons per year, spokesmen for the companies...
Wed, 26 Nov 1997
Asian crisis and global economics
Asian crisis and global economics It took a speech from United States President Bill Clinton to remind the world of one vital, but strangely neglected factor in the excess of debate over the Asian economic crisis.On his way to attend the Asia-Pacific Economic Cooperation summit in Vancouver, Mr.
Tue, 25 Nov 1997
Globalization could complement diversity
Globalization could complement diversity This is the second of two articles dealing with the issue of globalization.By Hilman Adil JAKARTA (JP): The globalization process can be defined as the action of global forces broadly favoring uniformity with regard to substrates -- systems that are very...
Tue, 25 Nov 1997
Hoodlums counseled, cleanup goes on
Hoodlums counseled, cleanup goes on JAKARTA (JP): City authorities are attempting to rehabilitate 68 alleged hoodlums from Tanah Abang to avoid further social unrest in Central Jakarta's busiest market and bus terminal.
Tue, 25 Nov 1997
Seeing students gain self-esteem is reward enough
Seeing students gain self-esteem is reward enoughBy Dini S. Djalal Jakarta (JP): Today is teachers day. To the sound of the classroom bell, students will give thanks to their instructors, and tutors will congratulate each other on surviving yet another day.
Tue, 25 Nov 1997
Free jet-skiing for hotel guests
Free jet-skiing for hotel guests JAKARTA (JP): Watersports enthusiasts who stay at Hotel Dai- ichi in Central Jakarta will be given a 30-minute free jet-skiing lesson from Nov. 24 to Dec. 24, the hotel management announced yesterday.All guests will get a Jet Ski Special Package for US$115 per night.
Tue, 25 Nov 1997
Pancasila Youth want better image
Pancasila Youth want better image SERANG, West Java: Pemuda Pancasila activists called on intellectuals to join forces and help dispel its image of an organization of thugs, Antara reported yesterday.West Java chapter chairman Lulu Kaking said after the inauguration of the Serang branch leader here...
Tue, 25 Nov 1997
RI palm oil prices likely to edge lower
RI palm oil prices likely to edge lower KUALA LUMPUR (Reuters): Indonesian palm oil prices are expected to edge lower this week after the government's decision to impose export quotas in a bid to boost local supply, traders said.
Tue, 25 Nov 1997
UII denies nominating Soeharto
UII denies nominating Soeharto YOGYAKARTA (JP): The Indonesian Islamic University (UII) here denied yesterday it had ever declared support for President Soeharto's renomination to another term of office.Speaking in a press conference, Deputy Rector Moh.
Tue, 25 Nov 1997
OPEC may lose $600b due to carbon tax
OPEC may lose $600b due to carbon tax JAKARTA (JP): The secretary general of the Organization of Petroleum Exporting Countries (OPEC), Rilwanu Lukman, said here yesterday OPEC could lose US$600 billion in potential revenues by 2020 due to the carbon tax imposed by OECD.
Tue, 25 Nov 1997
17 maids have died abroad
17 maids have died abroad JAKARTA (JP): Seventeen Indonesian housemaids died abroad while 46 others were either tortured or sexually abused over the past year, a report said.The report, compiled by Solidaritas Perempuan (Women's Solidarity), a non-governmental organization for the protection of...
Tue, 25 Nov 1997
Singapore Airlines, Lufthansa team up
Singapore Airlines, Lufthansa team upBy I. Christianto SINGAPORE (JP): The German airline Lufthansa and Singapore Airlines (SIA) signed an agreement here yesterday to enhance their global competitiveness.
Tue, 25 Nov 1997
Karpov rallies to win Clash of the Titans
Karpov rallies to win Clash of the Titans JAKARTA (JP): FIDE world champion Grandmaster (GM) Anatoly Karpov of Russia defeated Indonesian GM Utut Adianto 5.5-3.5 in the Clash of Titans which ended yesterday at Omni Batavia Hotel.
Tue, 25 Nov 1997
Abu Dhabi term talks shadow crude oil market
Abu Dhabi term talks shadow crude oil market SINGAPORE (Reuters): The Asian crude market will be focused on developments in the Abu Dhabi term negotiations between equity holders and their Asian buyers this week, since the spot market is stuck in the inactive period between December and January,...
Tue, 25 Nov 1997
RI sweeps four titles in Vietnam
RI sweeps four titles in Vietnam HANOI (AFP): Indonesia swept the finals of the JVC Vietnam Badminton Championship here Sunday, winning four out of the five matches.Top-seeded women's singles player Susi Susanti effortlessly beat runner-up Xu Huwaiwen from China 11-4, 11-1, earning US$4,500 and top...