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Tue, 24 Nov 1998
Rates for tax payment, valid from Nov. 23 to Nov. 29
Rates for tax payment, valid from Nov. 23 to Nov. 29 U.S. dollar 1 Rp 7,450.00Austrian schilling 1 628.17Australian dollar 1 4,714.36Belgian franc 1 213.84Canadian dollar 1 4,797.78Swiss franc 1 5,368.60Deutschemark 1 4,416.12Danish krone 1 1,163.16French franc 1 1,317.19Poundsterling 1 12,378.
Tue, 24 Nov 1998
Ananda to join Edenbridge racing team
Ananda to join Edenbridge racing team JAKARTA (JP): Young Indonesian driver Ananda Mikola will sign a two-year contract with the Edenbridge racing team for next season's Formula 3000 championship in England.
Tue, 24 Nov 1998
Committed to safety and security
Committed to safety and security PT Gatari Air Service is one of the players in the Indonesian aircraft charter industry. Established in 1983, it has 23 aircraft.The company's services in the Indonesia market are mainly in mining and coal companies, especially foreign companies such as Caltex,...
Tue, 24 Nov 1998
Trisakti, CHN to develop self-auditing system
Trisakti, CHN to develop self-auditing system JAKARTA (JP): Trisakti Tourism Academy signed on Monday a memorandum of understanding (MOU) with a Dutch hotel management school for the introduction of a self-auditing system for hoteliers, restaurateurs and catering service operators here.
Tue, 24 Nov 1998
Mines and energy sector and the crisis
Mines and energy sector and the crisis The monetary crisis has influenced all business sectors. But in the mines and energy sector, the impact has been less severe.Minister of Mines and Energy Kuntoro Mangkusubroto said: "This is because the mines and energy sector is a long-life industry.
Tue, 24 Nov 1998
Search still on for crew members
Search still on for crew members KUPANG, East Nusa Tenggara: Fifteen crew members of the Putra Timor Sarana 03 fishing boat are still unaccounted for since the boat went missing on Nov. 18. The boat was last seen around Rote island in Kupang regency.
Tue, 24 Nov 1998
ABRI supports Habibie, rejects presidium
ABRI supports Habibie, rejects presidium JAKARTA (JP): The Armed Forces (ABRI) headquarters again announced its support for President B.J. Habibie's administration, saying a presidium was not constitutional.Armed Forces Chief of Territorial Affairs, Lt. Gen.
Tue, 24 Nov 1998
IBRA appoints appraiser
IBRA appoints appraiser JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) has appointed independent appraiser PT Satyatama Graha Tara and independent storage service provider PT Balindo to support the auction process of non-core assets of 10 banks suspended in April and August.
Tue, 24 Nov 1998
Japan to offer Thailand $500 million bond loan
Japan to offer Thailand $500 million bond loan BANGKOK (AFP): Japan is to grant Thailand a US$500 million yen-denominated loan to help rescue the country's crisis-hit state sector, Thai Finance Minister Tarrin Nimmahaeminda said Monday.
Tue, 24 Nov 1998
Jakarta Initiative seeking $2.5b to help restructuring
Jakarta Initiative seeking $2.5b to help restructuring JAKARTA (JP): The Jakarta Initiative Task Force chairman Jusuf Anwar said on Monday that he was inviting multi-national companies (MNCs) to provide at least US$2.5 billion to be used as working capital for indebted local companies.
Tue, 24 Nov 1998
Letter to the President
Letter to the PresidentFrom MerdekaI am only a mother and a housewife, but if you asked me, "What is the best thing that we can do for this angry nation?", I would reply:1. Do not talk too much anymore, especially not in a threatening tone.2.
Tue, 24 Nov 1998
Tommy questioned over Rp 52.5b land swindle
Tommy questioned over Rp 52.5b land swindle JAKARTA (JP): The youngest son of former president Soeharto, Hutomo Mandala Putra, spent three hours at the Attorney General's office on Monday answering questions about a Rp 52.5 billion land scam in North Jakarta.
Tue, 24 Nov 1998
Friday tragedy
Friday tragedy My heart cried and my eyes misted over when I saw the terrifying war-like scene on television on Nov. 13. It was a real bloody Friday! The nightmare we feared -- a clash between security forces and student protesters -- came true.
Tue, 24 Nov 1998
Large businesses call for changes to monopoly bill
Large businesses call for changes to monopoly bill JAKARTA (JP): Major business players in the country called on the lawmakers on Monday to practice flexibility in deliberating the anti-monopoly bill.A major producer of food items in the country, PT Indofood Sukses Makmur, said that one of the...
Tue, 24 Nov 1998
Poor residents get donation
Poor residents get donation JAKARTA (JP): A group of five health-related bodies marked the last day of a two-month social services program for needy residents in the densely populated area of Sunter Jaya subdistrict, North Jakarta Saturday.
Tue, 24 Nov 1998
Painting contest at Ciputra Mall
Painting contest at Ciputra Mall JAKARTA (JP): About 1,500 orphans are expected to take part in a painting competition on a 1,500-meter canvas at Ciputra Hotel and Mall in West Jakarta on Dec. 6.Harti Hadisoemo, spokesperson of the hotel, said the competition, held jointly with Radio Sonora,...
Tue, 24 Nov 1998
MPR scuttles press freedom
MPR scuttles press freedomBy Atmakusumah This is the second of two articles on the aborted attempt by Indonesian journalists to ensure press freedom in the country. JAKARTA (JP): The 1,000-strong People's Consultative Assembly (MPR) concluded its Special Session without taking the opportunity to...
Tue, 24 Nov 1998
Two nabbed for selling marijuana
Two nabbed for selling marijuana JAKARTA (JP): Police have arrested two men for storing and selling 4.5 kilograms of dried marijuana worth Rp 6.7 million (US$931), a police official said on Saturday.Head of the narcotics department of the City Police Lt. Col. Abdullah H.S.
Tue, 24 Nov 1998
Probing Soeharto's wealth
Probing Soeharto's wealth At last President B.J. Habibie is meeting the public's demand for an investigation into former president Soeharto's wealth. A commission is to be formed for this particular purpose shortly.
Tue, 24 Nov 1998
Quality management in crisis situation
Quality management in crisis situation Instability and the rupiah's depreciation are difficulties faced by all business sectors. But for publicly listed PT Timah Tbk, these conditions have had a positive effect on its profits because 95 percent of its product is exported, while the remaining 5...
Tue, 24 Nov 1998
Malaysia's exit from INRO 'highlights cartel's failing'
Malaysia's exit from INRO 'highlights cartel's failing' KUALA LUMPUR (Dow Jones): Malaysia's decision in October to withdraw from the International Natural Rubber Organization may not have alarmed the rubber industry, but its departure has definitely thrust INRO's inability to prop up rubber prices...
Tue, 24 Nov 1998
South Sulawesi national park threatened by illegal settlers
South Sulawesi national park threatened by illegal settlersBy Zainuddin Bakulu KENDARI, Southeast Sulawesi (Antara): Forestry authorities in Southeast Sulawesi are struggling to cope with the problem of intruders encroaching into the Rawa Aopa Watumohai National Park in protest at not being...
Tue, 24 Nov 1998
New water customers offered discounts
New water customers offered discounts JAKARTA (JP): PT PAM Lyonnaise Jaya, which is in charge of tap water management in West Jakarta, is offering a 45 percent discount on connection fees to new customers.
Tue, 24 Nov 1998
'Jekyl and Hyde' North Korea at crossroads
'Jekyl and Hyde' North Korea at crossroadsBy Bill Tarrant SEOUL (Reuters): North Korea is at a crossroads, with one path leading to confrontation and another to reconciliation, officials said during U.S. President Bill Clinton's weekend visit to South Korea.
Tue, 24 Nov 1998
Shipping company taken to court over Rp 690m debt
Shipping company taken to court over Rp 690m debt JAKARTA (JP): PT Daya Radar Utama has filed a bankruptcy petition against PT Perusahaan Pelayaran Angkutan Pertambangan (PPAP) in the Jakarta Commercial Court for the latter's failure to pay a service fee of Rp 689.49 million (US$ 92,000).
Tue, 24 Nov 1998
Religious leaders asked to help rid the city of rioting
Religious leaders asked to help rid the city of rioting JAKARTA (JP): Governor Sutiyoso said on Monday that he would invite religious leaders, experts and representatives of various institutions to discuss and analyze an upward trend in the outbreak of riots in the capital to help arrive at a...
Tue, 24 Nov 1998
Victim of Semanggi incident laid to rest
Victim of Semanggi incident laid to rest SUMEDANG, West Java (JP): Attended by hundreds of his student colleagues, Engkus Kusnadi, a victim of the Black Friday clashes, was buried here at his parents' home town on Monday.
Tue, 24 Nov 1998
Singapore, Malaysia work on water-for-money deal
Singapore, Malaysia work on water-for-money deal SINGAPORE (AFP): Singapore Premier Goh Chok Tong disclosed on Monday that Singapore and Malaysia were negotiating deals that would help Malaysia raise funds and slake Singapore's thirst for generations to come.
Tue, 24 Nov 1998
Hospitals on alert for La Nina disease
Hospitals on alert for La Nina disease KUALA LUMPUR (AP): The Health Ministry told medical centers nationwide to be on alert to prevent the spread of disease from flooding caused by La Nina, news reports said on Monday.
Tue, 24 Nov 1998
Govt helps the poor in Tangerang
Govt helps the poor in Tangerang TANGERANG (JP): The central government has set aside Rp 27.7 billion (US$3.69 million) to help poor people who have been severely affected by the monetary crisis in both Tangerang regency and mayoralty, an official said on Sunday.
Tue, 24 Nov 1998
Stock market rises sharply in the face of weekend riots
Stock market rises sharply in the face of weekend riots JAKARTA (JP): Share prices on the local stock market rose sharply by 5.2 percent on Monday and the rupiah strengthened to 7,475 to the U.S. dollar, practically shrugging off weekend rioting in the city which claimed 13 people dead.
Tue, 24 Nov 1998
S'pore rubber futures lower
S'pore rubber futures lower SINGAPORE (AFP): Singapore rubber futures prices eased Monday on lower volumes, dealers said.Trade in the three rubber contracts of the Singapore Commodity Exchange eased to 5,225 tons from 9,045 tons last Friday.The April-June RSS 1 contract last traded at 119.
Tue, 24 Nov 1998
I listened to the people: Sutiyoso
I listened to the people: Sutiyoso JAKARTA (JP): Governor Sutiyoso admitted on Monday that his decision to rescind the appointment of four of the five Armed Forces (ABRI) members as high-ranking city administration officials was made in response to public demand.
Tue, 24 Nov 1998
Four hurt in factory protest
Four hurt in factory protest MEDAN, North Sumatra: Four people were seriously injured and 14 others detained when more than 5,000 people tried to occupy the pulp factory of PT Inti Indorayon Utama in Porsea, North Sumatra, on Monday.
Tue, 24 Nov 1998
Death toll rises to 91 in Vietnam
Death toll rises to 91 in Vietnam HANOI (AP): Flooding caused by heavy rains in central Vietnam has claimed 91 lives, and local officials said on Monday the number was expected to rise as they receive more reports.
Tue, 24 Nov 1998
UPS same-day exports come with guarantee
UPS same-day exports come with guarantee United Parcel Service (UPS), the world's largest package distribution company, serves 200 countries and territories. UPS started business in the U.S. 91 years ago and began expansion worldwide in 1975, winning numerous industry honors since.
Tue, 24 Nov 1998
U.S. ambassador summoned to Malaysia's foreign ministry
U.S. ambassador summoned to Malaysia's foreign ministry KUALA LUMPUR (AP): The U.S. ambassador to Malaysia was summoned to the foreign ministry Monday for an earful of government reaction to Vice President Al Gore's apparent support for the anti-government movement.
Tue, 24 Nov 1998
Keep religion out of it
Keep religion out of it That emotions are high and tempers short among many of our people became apparent when a simple casus belli flared up into an ethnic conflict with a religious twist. It then escalated into fatal rioting.
Tue, 24 Nov 1998
Where to go in Bandung:
Where to go in Bandung:Exhibition * Painting Exhibition: Batu yang Tak Sampai Padamu, by Diyanto, at Galeri Bandung, Jl. Siliwangi 16 (Phone: 022 236515), 9 a.m. to 5 p.m., until Dec. 4.Performances * Jazz concert by French quartet and Krakatau band, at Hotel Hyatt Regency. Nov. 25.
Tue, 24 Nov 1998
Concern, regrets over riots
Concern, regrets over riots JAKARTA (JP): Tiptoeing around a potentially explosive issue, government and religious leaders were circumspect in their reaction to the bloody ethnic strife that rocked Jakarta on Sunday with most expressing regrets and concerns on Monday.
Tue, 24 Nov 1998
Parties united in demand to keep proportional system
Parties united in demand to keep proportional system JAKARTA (JP): The three political parties represented in the House of Representatives were united on Monday in demanding the retention of the proportional representation (PR) voting system for next year's general election in preference to the...
Tue, 24 Nov 1998
No political motives behind SCTV takeover: Government
No political motives behind SCTV takeover: Government JAKARTA (JP): The Ministry for the Empowerment of State Enterprises dismissed on Monday allegations that the government's plan to acquire a majority stake in the privately-run SCTV television channel is driven by political motives.
Tue, 24 Nov 1998
Passenger robbed by taxi driver
Passenger robbed by taxi driver TANGERANG (JP): Detectives here are attempting to trace the driver of a Koperasi taxi suspected of involvement in the robbery of his passenger on the toll road at Warakas in North Jakarta on Sunday.Tangerang Police Detectives chief Capt.
Tue, 24 Nov 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 23, 1998: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 425 50 175,500 AHAP Insurance 400 0 0 Alter Abadi 300 50 1,320,000 Alumindo Light Metal 350 50 283,500...
Tue, 24 Nov 1998
Police front lines told to use batons only
Police front lines told to use batons only JAKARTA (JP): Following the loss of 16 lives during student rallies, Minister of Defense and Security/Armed Forces (ABRI) Chief Gen. Wiranto has given instructions that police officers standing facing the front lines of demonstrators should only carry...
Tue, 24 Nov 1998
Bogor man arrested for killing his boss
Bogor man arrested for killing his boss BOGOR (JP): Police have arrested a man who is believed to have killed his employer and dumped the body in an old artesian well located behind the victim's scrap iron factory in Ciparigi village, North Bogor.
Tue, 24 Nov 1998
Govt rules on cassava exports
Govt rules on cassava exports JAKARTA (JP): The Industry and Trade Ministry has issued a new set of regulations for exporters of cassava to the European Union countries, allowing only registered companies to export the commodity.
Tue, 24 Nov 1998
Maan, Kasiadi to lock horns at Matoa golf
Maan, Kasiadi to lock horns at Matoa golf JAKARTA (JP): Professional golfers Maan Nasim and Kasiadi top the list of competitors at the Matoa Nasional Open championship which tees off here on Tuesday.The annual tournament held at Matoa Golf and Country Club in Ciganjur, South Jakarta, boasts no less...
Tue, 24 Nov 1998
Death toll up to 14 after more bodies found
Death toll up to 14 after more bodies found JAKARTA (JP): Eight more bodies were found in the gutted remains of Ketapang 11 amusement center on Jl. K.H. Zainul Arifin in Ketapang, West Jakarta, on Monday, bringing the death toll from Sunday's riots to at least 14.
Tue, 24 Nov 1998
Mining body calls for policy reforms
Mining body calls for policy reforms JAKARTA (JP): The Association of Indonesian Mining Professionals (Perhapi) has called for reforms to mining policy to give greater benefits to the public.Association chairman Herman Afif Kusumo said on Monday that the 1967 mining law should be revamped in line...