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Tue, 25 Nov 1997
Canada's Paul wins Super Car rally
Canada's Paul wins Super Car rally JAKARTA (JP): Robert Paul of Canada racing under the banner of the GT Radial team won the Super Car rally at Sentul, near Bogor Sunday.Paul, driving a BMW M3, won the two-day race clocking 19 minutes 36.299 seconds on Saturday and recorded the same time on Sunday.
Tue, 25 Nov 1997
Teacher counts his luck and blessings
Teacher counts his luck and blessings JAKARTA (JP): Owning a house is an illusive dream for most teachers on the government's payroll.The few who do own houses are those who have spent years dedicating their life to their careers, or a few lucky ones.
Tue, 25 Nov 1997
Singgih to probe alleged misuse of Jamsostek's funds
Singgih to probe alleged misuse of Jamsostek's funds JAKARTA (JP): Attorney General Singgih said yesterday he was considering summoning the Minister of Manpower Abdul Latief and some House of Representatives legislators in connection with the alleged misuse of state insurance firm PT Jamsostek's...
Tue, 25 Nov 1997
Bakrie gets award
Bakrie gets award JAKARTA (JP): PT Bakrie Sumatra Plantations, a publicly-listed plantation company, has received an appreciation award from the Madrid-based Trade Leaders Club.The company said yesterday that the award showed the club's recognition of its farm products.
Tue, 25 Nov 1997
PDI questions extra presidential power
PDI questions extra presidential power JAKARTA (JP): The Indonesian Democratic Party (PDI) faction delayed its stance yesterday over dominant Golkar's motion to grant extra power to the next president, saying that the proposal needed further explanation.
Tue, 25 Nov 1997
Crash liquidity injection
Crash liquidity injection Official announcements last week brought in what the Indonesian Chamber of Commerce and Industry (Kadin) saw as winds from heaven to soothe the business community which has been burning in the "hell" of a liquidity crunch since August.
Tue, 25 Nov 1997
PUMA launch home loan business in Indonesia
PUMA launch home loan business in Indonesia SYDNEY (Reuters): PUMA Management Ltd, Australia's largest provider of non-bank home loans, said yesterday it would expand its operations in Asia and offer home loans in Indonesia.
Tue, 25 Nov 1997
TV Program: Tuesday, Nov. 25, 1997
TV Program: Tuesday, Nov. 25, 1997TVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Children's Film: The Big Valley 3:10 Teenager's Program: Remaja Indonesia 3:35 Development Program: Hamkamnas 4:00 Regional News 4:30 Teenager's Drama: Rumah Kita 5:00 English Lessons 5:30 Documentary Film 6:00...
Tue, 25 Nov 1997
S'pore to be sensitive in ties with Malaysia
S'pore to be sensitive in ties with Malaysia SINGAPORE (AFP): Singapore's Deputy Prime Minister Lee Hsien Loong called yesterday for sensitivity in bilateral relations with Malaysia, but said his country would stand up "firmly" when challenged.
Tue, 25 Nov 1997
Will S. Korean economic woes maximize East Asian crisis?
Will S. Korean economic woes maximize East Asian crisis? At a late-night press briefing on Nov. 21 the South Korean Finance Minister finally ended procrastination by saying that South Korea would seek a rescue package from the International Monetary Fund (IMF).
Tue, 25 Nov 1997
RP condemns rise is rebel attacks
RP condemns rise is rebel attacks MANILA (AFP): The Philippine government expressed concern yesterday over a wave of Communist guerrilla attacks which have left 15 people dead in the past four weeks as it prepared to restart peace talks.
Tue, 25 Nov 1997
Medics sent to Irian Jaya
Medics sent to Irian Jaya WAMENA, Irian Jaya: The International Committee of the Red Cross (ICRC) has assigned a nutritionist, a doctor and two nurses for six months to help victims of drought in Jayawijaya, Puncak Jaya and Merauke districts, Antara reported.
Tue, 25 Nov 1997
Liquidation of insolvent banks needed: Kwik
Liquidation of insolvent banks needed: Kwik The recent liquidation of 16 banks has sacrificed the interests of depositors. Economist Kwik Kian Gie discusses the necessity of punishing those responsible for the bankruptcy of the banks.
Tue, 25 Nov 1997
Stock prices strengthen, rupiah weakens
Stock prices strengthen, rupiah weakens JAKARTA (JP): The prices of several big capitalized stocks on the Jakarta Stock Exchange (JSX) rose higher yesterday on the back of high expectations of a new liquidity injection into the market, securities analysts and brokers said.
Tue, 25 Nov 1997
$9.6b in private debts to mature by March
$9.6b in private debts to mature by March JAKARTA (JP): Bank Indonesia Governor J. Soedradjad Djiwandono revealed yesterday that at least US$9.6 billion of the $65 billion in the private sector's foreign debts would mature by March.
Tue, 25 Nov 1997
Sutiyoso new chairman of shooting body
Sutiyoso new chairman of shooting body JAKARTA (JP): Jakarta Governor Sutiyoso was elected chairman of the Indonesian Shooting and Hunting Association for the 1997- 2001 period at the body's national congress which ended Sunday.
Tue, 25 Nov 1997
Sarwono warns of severe grought predicted for 2000
Sarwono warns of severe grought predicted for 2000 JAKARTA (JP): Indonesia should anticipate a severe drought in 2000 which is expected to be as intense as this year's, State Minister of Environment Sarwono Kusumaatmadja said yesterday.
Tue, 25 Nov 1997
Motivated students more apt to learn something
Motivated students more apt to learn somethingBy Hendra Gunawan BANDUNG (JP): I could try to teach my dog how to whistle, but I guess -- however hard I tried -- my dog would not learn. I could not then call it teaching, could I? If it was teaching, then it should be categorized as bad teaching.
Tue, 25 Nov 1997
Finance ministry office on fire, no one hurt
Finance ministry office on fire, no one hurt JAKARTA (JP): Fire destroyed sections of a 12-story building in the Ministry of Finance complex in Central Jakarta yesterday morning, forcing about 1,000 employees to use the emergency stairways.
Tue, 25 Nov 1997
DGS nets robust earnings
DGS nets robust earnings JAKARTA (JP): Publicly-listed PT Daya Guna Samudera (DGS) fishing company reported yesterday a Rp 43 billion, or 51 percent, increase in its net profit to Rp 128 billion (US$37.6 million) for the first nine months of this year.
Tue, 25 Nov 1997
Three get 135-day term for drugs
Three get 135-day term for drugs JAKARTA (JP): The Serang District Court in West Java sentenced yesterday three men found guilty of possessing 11 kilograms of hashish to 135 days in jail, Antara reported.The verdict was 15 days lighter than that demanded by the prosecution.
Tue, 25 Nov 1997
Clinton calms fears on Asian crisis
Clinton calms fears on Asian crisisBy Meidyatama Suryodiningrat VANCOUVER, Canada (JP): Ahead of a meeting of 18 leaders of the Asia Pacific, United States President Bill Clinton led the way in calming fears over Asia's economic crisis, confidently describing them as "little glitches" that can be...
Tue, 25 Nov 1997
Orangutans expelled from their habitat
Orangutans expelled from their habitatBy Iskandar Zulkarnaen SAMARINDA, East Kalimantan (Antara): An adult orangutan was so engrossed in sucking sap from the bark of a sengon tree, in a Menamang timber estate in the hinterlands of East Kalimantan, that he paid no attention to a truck roaring passed...
Tue, 25 Nov 1997
Rangkas-Jakarta train service
Rangkas-Jakarta train service As a commuter on the Rangkas Bitung-Jakarta, and return, train service (DAOPS I), I would like to draw the attention of Perumka (state railway company) to the following matters: * The Jakarta bound train should leave earlier than the current time schedule because most...
Tue, 25 Nov 1997
Transparency, market creation needed: Advisor
Transparency, market creation needed: AdvisorBy Meidyatama Suryodiningrat VANCOUVER, Canada (JP): Opening more domestic markets and creating better transparency are the best remedies for Asia to recover from its financial crisis, according to a member of the Asia Pacific Economic Cooperation (APEC)...
Tue, 25 Nov 1997
Canada to sends medical specialists for Pakpahan
Canada to sends medical specialists for PakpahanBy Meidyatama Suryodiningrat and Ati Nurbaiti VANCOUVER, Canada (JP): Canadian Foreign Minister Lloyd Axworthy announced Sunday that Canada would be sending medical diagnostic equipment and medical personnel to Indonesia for jailed labor leader...
Tue, 25 Nov 1997
Charm of natural reserve in Manokwari
Charm of natural reserve in ManokwariBy Ais Latuputty WANDIBOI, Irian Jaya (Antara): A hilly area, the Wondiboi nature reserve is a storehouse of potential tourist destinations which may, in the future, be developed on a large scale.
Tue, 25 Nov 1997
BNI to provide low-cost housing credits soon
BNI to provide low-cost housing credits soon JAKARTA (JP): Bank Negara Indonesia, the country's top commercial bank, will provide low-cost housing credits beginning next year as part of its program to increase retail borrowers.
Tue, 25 Nov 1997
Women 'ready for VP' in five years
Women 'ready for VP' in five years JAKARTA (JP): State Minister of Women's Roles Mien Sugandhi said yesterday Indonesian women will be ready for the vice presidency in the next five years."Now, there's no chance for women.
Tue, 25 Nov 1997
SE Asian rubber market weakened
SE Asian rubber market weakened SINGAPORE (Reuters): The Southeast Asian rubber market will likely be wobbly this week as most buyers take shelter from renewed currency turmoil in the region, dealers said yesterday.
Tue, 25 Nov 1997
Ship slowly sinks after collision
Ship slowly sinks after collision SAMARINDA, East Kalimantan: About two thirds of the body of the KM Leuser luxurious passenger ship has sunk in the Mahakam River after it collided last Thursday with the motorized boat KM Kayu Lapis V, Antara reported yesterday.
Tue, 25 Nov 1997
Business strategy in Asia Pacific
Business strategy in Asia PacificBy Sofyan Wanandi The following article is based on a paper presented at the Asia Pacific Economic Cooperation forum's CEO Summit in Vancouver, Canada on Sunday. This is the first of two articles.
Tue, 25 Nov 1997
Singapore clarifies loan to RI
Singapore clarifies loan to RI SINGAPORE (Reuters): Singapore's US$5 billion loan for Indonesia is intended as a second line of defense to complement other aid, the Monetary Authority of Singapore (MAS) said yesterday.
Tue, 25 Nov 1997
Soeharto arrives for APEC summit
Soeharto arrives for APEC summit VANCOUVER, Canada (JP): President Soeharto arrived here on a cold, wet evening Sunday, among the last of the 18 leaders to arrive for the Asia Pacific Economic Cooperation (APEC) summit.
Tue, 25 Nov 1997
Asian currencies fall on Yamaichi collapse
Asian currencies fall on Yamaichi collapse SINGAPORE (AFP): Asian currencies weakened yesterday as investors worried over a new round of volatility following the deteriorating market situation in South Korea and the collapse of Japanese brokerage Yamaichi.
Tue, 25 Nov 1997
Young golfers face tough task
Young golfers face tough task JAKARTA (JP): The country's rising young golfers are facing a tough challenge this week in the Kedaton Young Champions tournament as they have to play their 72 holes in three days instead of the usual four.On the first two days they will play 27-hole rounds at the 6.
Tue, 25 Nov 1997
An ongoing crisis
An ongoing crisis The situation we are facing at present is quite a delicate one. The present crisis -- which is probably the first of its magnitude ever to have occurred under the New Order -- represents a point (in our existence) where a rethinking of our policies is in order.
Tue, 25 Nov 1997
Sumitro says RI's microeconomics weak
Sumitro says RI's microeconomics weak JAKARTA (JP): Indonesia's most senior economist, Sumitro Djojohadikusumo, said yesterday the country's sound macroeconomics had not been supported by similarly healthy microeconomics.
Tue, 25 Nov 1997
Truck driver stabbed to death
Truck driver stabbed to death BOGOR (JP): A pick-up truck driver was stabbed to death allegedly by an ojek (motorcycle taxi) driver at the victim's house in Cijeruk district, Bogor, Sunday evening.Anita, the victim's wife, said yesterday that she and her husband, Heri Ansori, 25, were about to...
Tue, 25 Nov 1997
BNI unveils fake promissory note
BNI unveils fake promissory note JAKARTA (JP): State-owned Bank Negara Indonesia 1946 (BNI) has asked police to probe the alleged role of three people in the counterfeiting of a promissory note valued at US$107 million.
Tue, 25 Nov 1997
Where to go in Jakarta: Tuesday, Nov. 25, 1997
Where to go in Jakarta: Tuesday, Nov. 25, 1997Exhibitions * Art Exhibition: Gelar Karya Perupa Jurnalis Indonesia, at The Art Exhibition Building (Wisma Seni Nasional), Jl. Medan Merdeka Timur, Central Jakarta, 9 a.m. to 9 p.m., Nov. 25.
Tue, 25 Nov 1997
Malaysia eyes oil palm
Malaysia eyes oil palm KUALA LUMPUR (Reuters): Malaysian companies should establish offshore joint ventures in oil palm plantations to take advantage of expected increases in the world's demand for oils and fats, Primary Industries Minister Lim Keng Yaik said yesterday.
Tue, 25 Nov 1997
New tribe found in S.E. Sulawesi
New tribe found in S.E. Sulawesi KENDARI, South Sulawesi: The provincial social services office has discovered an isolated tribe here, identified as the Kadeoha, bringing the number of primitive tribes in the province to eight."The new tribe has an estimated 250 members.
Tue, 25 Nov 1997
670 die in traffic accidents in C. Java
670 die in traffic accidents in C. Java SEMARANG, C. Java: Police said here yesterday that up to 626 traffic accidents in Central Java had killed 670 people up to October this year.Central Java Police Chief Maj. Gen.
Tue, 25 Nov 1997
Lousy car calls at the Grand Hyatt
Lousy car calls at the Grand Hyatt In Jakarta I make my living as a driver. On Saturday, Nov. 15, 1997 I got a scolding from my boss because the boss had to wait for 30 minutes for the car. This was the second time, the first time the boss waited for 25 minutes, that was about two weeks ago.
Tue, 25 Nov 1997
Matahari's rights issue
Matahari's rights issue JAKARTA (JP): Matahari Putra Prima announced yesterday that it had received Rp 470 billion (about US$138 million) from Multipolar Corporation, its largest shareholder, as the payment for the portion of its rights shares.
Tue, 25 Nov 1997
180 illegal cafes in Kemang to be closed
180 illegal cafes in Kemang to be closed JAKARTA (JP): The Jakarta administration announced yesterday that it will proceed with a plan to close 180 cafes in Kemang, South Jakarta.The deputy governor for administrative affairs, Abdul Kahfi, said the cafes were being closed for failing to comply with...
Tue, 25 Nov 1997
Asian military instructors review humanitarian law
Asian military instructors review humanitarian law BANGKOK (JP): Asian military instructors began a meeting yesterday to discuss ways of promoting international humanitarian law in the daily practices of their forces.Brig. Gen. P. Lt. Sihombing, deputy military chief prosecutor and Brig. Gen.
Tue, 25 Nov 1997
When will the money crisis end?
When will the money crisis end?From MerdekaThere are as yet no signs of when the current monetary crisis will end despite the announcement that financial aid will come from the International Monetary Fund (IMF) and several countries.
Tue, 25 Nov 1997
Asiad fund may come from State Budget before April
Asiad fund may come from State Budget before April JAKARTA (JP): State Minister of Youth Affairs and Sports Hayono Isman said yesterday that he would try to get the Asian Games funding from the 1998/1999 State Budget before the fiscal year begins in April.