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Thu, 17 Dec 1998
Habibie promises release of Dita
Habibie promises release of Dita JAKARTA (JP): Minister of Manpower Fahmi Idris said Wednesday he has appealed for the release of all detained labor activists and that President B.J. Habibie has promised the release of at least one of them, Dita Indah Sari.
Thu, 17 Dec 1998
Asian stocks mixed as investors stay away
Asian stocks mixed as investors stay away HONG KONG (AFP): Asian stock markets Wednesday ended mixed, with investors largely sidelined ahead of the Christmas holidays and the impeachment debate to decide the political fate of U.S. President Bill Clinton.Tokyo closed 0.
Thu, 17 Dec 1998
RI shuttlers win three final berths
RI shuttlers win three final berths BANGKOK (JP): Indonesia assured itself of three final berths plus one consolation bronze in the semifinals of the 13th Asian Games badminton competition at the Thammasat University sports complex on Wednesday.
Thu, 17 Dec 1998
Asian Games results
Asian Games resultsKaratedoMen's Kata: 1. Ryoki Abe (Jpn) 42.9, 2. N. Seyed-Alaedin (Iri) 41.8, 3. Abdullah Kadir (Ina) 41.3Men's kumite over 75kg: 1. Jaber Alhammad (Kuw), 2. Ali Shaterzadeh (Iri), 3. S. Subramaniam (Mas), Chu Tien Lai (Tpe)Men's kumite under 75kg: 1. Ali-Reza Katiraei (Iri), 2.
Thu, 17 Dec 1998
IMF approves release of latest tranche of aid package
IMF approves release of latest tranche of aid package WASHINGTON (Dow Jones): The International Monetary Fund (IMF) on Tuesday approved the extension of a US$957 million credit to Indonesia under the $43 billion economic rescue package it assembled in November 1997.
Thu, 17 Dec 1998
ASEAN launches recovery effort
ASEAN launches recovery effortBy Kornelius Purba & Meidyatama Suryodiningrat HANOI (JP): ASEAN leaders set out on Wednesday to cushion the social impact of the regions crisis by establishing safety-net and poverty-eradication programs along with "bold" economic measures to hasten economic recovery.
Thu, 17 Dec 1998
Asian currencies up and down on dollar
Asian currencies up and down on dollar SINGAPORE (AFP): Asian currencies ended mixed on Wednesday against the U.S. dollar despite a rise in the Japanese yen, dealers said.The Thai baht closed Asian trading at 36.22 to the U.S. dollar, down from 36.
Thu, 17 Dec 1998
Civilian militia and motives
Civilian militia and motives Your question Why now? (Dec. 14) concerning the setting up of a civilian militia is understandable. Events during the Special Session of the People's Consultative Assembly (MPR) in November confirmed at least two things.
Thu, 17 Dec 1998
Human rights violations continue in Irian Jaya
Human rights violations continue in Irian JayaBy Yohanis G. Bonay JAYAPURA, Irian Jaya (JP): The Universal Declaration of Human Rights which is now 50 years old is addressed to all nations to remind them that power is needed only as long as it guarantees the safety of man.
Thu, 17 Dec 1998
Excerpts of Hanoi Plan of Action
Excerpts of Hanoi Plan of Action HANOI (AFP): Excerpts of the Hanoi Plan of Action approved by the nine leaders of the Association of Southeast Asian Nations (ASEAN) here Wednesday:The Second ASEAN Informal Summit, held in Kuala Lumpur on Dec.
Thu, 17 Dec 1998
Aetna, Mashill tie-up
Aetna, Mashill tie-up JAKARTA (JP): Aetna Life Indonesia, a subsidiary of Aetna International of the United States, and Bank Mashill Utama jointly launched on Tuesday the Aetna Visa Card.Aetna Life Indonesia's president John V.
Thu, 17 Dec 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 16, 1998: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 500 50 333,500 AHAP Insurance 400 0 0 Alter Abadi 300 0 224,000 Alumindo Light Metal 350 0 140,000 Alumindo...
Thu, 17 Dec 1998
C. Jakarta court fines former minister of mines Rp 26 billion
C. Jakarta court fines former minister of mines Rp 26 billion JAKARTA (JP): The Central Jakarta District Court ordered former minister of mines and energy I.B. Sudjana and his staff on Wednesday to pay Rp 26 billion (US$3.
Thu, 17 Dec 1998
Number of dropouts rise
Number of dropouts rise PURWOKERTO, Central Java: A total of 11,258 students in Banyumas regency have dropped out of school since the economic crisis hit last year, an official said on Wednesday.Sutjipto, the head of Banyumas education office, told The Jakarta Post that those who dropped out were...
Thu, 17 Dec 1998
Bank Mayapada announces 9.16 percent CAR after audit
Bank Mayapada announces 9.16 percent CAR after audit JAKARTA (JP): Publicly listed Bank Mayapada Internasional revealed on Wednesday that its capital adequacy ratio (CAR) was 9.16 percent, according to a financial due diligence audit conducted by international auditors.
Thu, 17 Dec 1998
UN special envoy to spend two days in E. Timor
UN special envoy to spend two days in E. Timor JAKARTA (JP): The United Nations secretary general's envoy for East Timor, Jamsheed Marker, arrived on Tuesday for a nine-day visit, including two days in East Timor.On Wednesday, he met Armed Forces (ABRI) Intelligence Agency chief Maj. Gen.
Thu, 17 Dec 1998
SBU executives go on trial for graft
SBU executives go on trial for graft JAKARTA (JP): Two executives of private PT Sejahtera Bank Umum (SBU) were indicted at the Central Jakarta District Court on Tuesday for their alleged role in a Rp 209 billion and US$105 million scandal in two toll-road projects here.
Thu, 17 Dec 1998
Indonesia's naked truth revealed in exhibition
Indonesia's naked truth revealed in exhibitionBy Dewi Anggraeni MELBOURNE (JP): Most Australians now know where Indonesia is, and many more learn about what is happening in the country from snippets of news on the radio, television and in the newspaper.
Thu, 17 Dec 1998
Old diamond trader murdered in her house
Old diamond trader murdered in her house JAKARTA (JP): An 80-year-old diamond trader was found dead in a pool of blood in her bedroom at her two-story Duren Tiga home in Pancoran, South Jakarta on Wednesday morning.
Thu, 17 Dec 1998
Doubt lingers over bank recapitalization
Doubt lingers over bank recapitalization JAKARTA (JP): Experts have expressed doubt over the country's costly bank recapitalization program, because the huge amount of money required for the program might be difficult to obtain.
Thu, 17 Dec 1998
ASEAN offers 'bold' investment incentives
ASEAN offers 'bold' investment incentivesBy Meidyatama Suryadiningrat HANOI (JP): The Association of Southeast Asian Nations (ASEAN) agreed on Wednesday to introduce special incentives as a quick fix to the fall in investment to the region.
Thu, 17 Dec 1998
Parametric names distributor
Parametric names distributor JAKARTA (JP): Software producer Parametric Technology Corporation (PTC) of the United States has appointed PT Parametrik Nusanara distributor of its products in Indonesia.PTC director for Southeast Asia Ivan Lee said on Wednesday that Parametric Nusantara would also...
Thu, 17 Dec 1998
Juwono warns against too much freedom
Juwono warns against too much freedom JAKARTA (JP): Minister of Education and Culture Juwono Sudarsono said on Wednesday the country had gone too far too fast in its search for political freedom and called for some restrictions to minimize the possibility of bloodshed during the June general...
Thu, 17 Dec 1998
Include Soeharto in dialog: Gus Dur
Include Soeharto in dialog: Gus Dur JAKARTA (JP): Moslem leader Abdurrahman Wahid made a fresh call on Wednesday for former president Soeharto to be included in a dialog for national reconciliation."Pak Harto, as well as President B.J. Habibie and Armed Forces Commander Gen.
Thu, 17 Dec 1998
Establishing new councils smacks of scapegoating
Establishing new councils smacks of scapegoating President B.J. Habibie's fondness for setting up councils has often caused controversy, the latest being the Council for the Enforcement of Security and Law. Political analyst J. Soedjati Djiwandono, addresses this issue.
Thu, 17 Dec 1998
Yayuk reaches first Asiad singles final
Yayuk reaches first Asiad singles finalBy Primastuti Handayani BANGKOK (JP): Indonesia's Yayuk Basuki moved a step closer to realizing her dream of a third Asian Games gold medal after posting an upset 7-6 (7-3), 6-1 win over second seed Li Fang of China in the women's singles semifinals on...
Thu, 17 Dec 1998
Starko provides free city info
Starko provides free city info JAKARTA (JP): PT Motorollain Corporation, operator of the Starko radio beeper service in Indonesia, introduced its latest free-of-charge service on Wednesday; transmitting brief advice on the latest situation in Greater Jakarta (Jabotabek) to its local customers.
Thu, 17 Dec 1998
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Dec. 16,1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,700.00 7,900.00 7,700.00 7,950.00Austrian schilling 1 622.10 692.10 - -Australian dollar 1 4,686.90 4,946.90 4,495.00 5,045.00Belgian franc 1 208.60 233.
Thu, 17 Dec 1998
Aid for victims of violence
Aid for victims of violence NORTH ACEH, Aceh: The Indonesian Red Cross, supported by the International Committee of the Red Cross (ICRC), began on Wednesday distributing basic commodities to victims of violence in the province.
Thu, 17 Dec 1998
Nissin, First Pacific take 60% stake in Indofood
Nissin, First Pacific take 60% stake in Indofood JAKARTA (JP): Publicly listed PT Indofood Sukses Makmur, the world's largest instant noodle maker, announced on Wednesday that several of its controlling shareholders plan to transfer 60 percent of their company shares to a Dutch holding company...
Thu, 17 Dec 1998
Only half the picture seen in Britain, RI photo display
Only half the picture seen in Britain, RI photo displayBy K. Basrie JAKARTA (JP): Dual photo exhibitions are common. But when photographers from geographically and culturally different nations turn their lens on the other's land, the results should rank as a must-see.
Thu, 17 Dec 1998
Amien states his readliness to run for the presidency
Amien states his readliness to run for the presidency BANDUNG (JP): National Mandate Party (PAN) chairman Amien Rais reiterated on Wednesday that he was ready to run for the presidency.Amien was speaking before the opening of the party's congress, at which he said would declare his nomination for...
Thu, 17 Dec 1998
Where to go in Surabaya:
Where to go in Surabaya:Exhibition * Photo Exhibition: Satu Ekspresi, by Hari Density, at CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5678639), 9 a.m. to 8:30 p.m., until Dec. 19.Film * French Film: Farinelli, at CCCL - French Cultural Center, 2 p.m. and 7 p.m., until Dec. 18.
Thu, 17 Dec 1998
Violence hits Samarinda
Violence hits Samarinda JAKARTA: A riot broke out in the Samarinda capital of East Kalimantan on Wednesday, three days after over 1,000 public transportation drivers took to the streets to protest high prices of vehicle spare parts.
Thu, 17 Dec 1998
Stability needed for development: China
Stability needed for development: ChinaBy Meidyatama Suryodiningrat HANOI (JP): Chinese Vice President Hu Jintao pledged his country's commitment on Wednesday to amiably resolve any differences with members of the Association of Southeast Nations (ASEAN), asserting that only peace could foster...
Wed, 16 Dec 1998
Ship parts now duty free
Ship parts now duty free JAKARTA (JP): Shipping companies are now exempt from paying import duties on raw materials, components and spare parts, the Ministry of Communications announced on Tuesday.Secretary-general Anwar Suprijadi said the finance minister had issued a decree removing duties on...
Wed, 16 Dec 1998
Malaysian economy to shrink by 6%: PM
Malaysian economy to shrink by 6%: PM HANOI (AFP): Malaysia's economy will shrink at least six percent this year and capital controls will stay until a new international financial regime is put in place to deter "predatory speculators," Prime Minister Mahathir Mohamad said Tuesday.
Wed, 16 Dec 1998
Miyazawa revitalizes 'Asia Fund' proposal
Miyazawa revitalizes 'Asia Fund' proposal TOKYO (Dow Jones): A year after U.S. pressure sank a Japanese proposal for an "Asia fund" to aid regional economies, Finance Minister Kiichi Miyazawa has refloated the idea -- and says it has a better chance of being accepted this time around.
Wed, 16 Dec 1998
Don't write us off, ASEAN warns the world
Don't write us off, ASEAN warns the worldBy Kornelius Purba and Meidyatama Suryodiningrat HANOI (JP): ASEAN leaders sent a clear message to the world here on Tuesday, pledging to come out of their summit as a stronger grouping by taking concerted economic and social steps to address the regional...
Wed, 16 Dec 1998
Candidates have their weaknesses and strenghts
Candidates have their weaknesses and strenghts JAKARTA (JP): Four informal leaders have emerged as the strongest candidates to become Indonesia's next president, not only according to a poll commissioned by The Jakarta Post, but also confirmed by other surveys.
Wed, 16 Dec 1998
Over 250 student protesters, mostly females, arrested
Over 250 student protesters, mostly females, arrested JAKARTA (JP): The city police arrested 259 student protesters from the City Forum (Forkot) on Tuesday for allegedly staging a street rally without the required permit.Two hundreds and fifty-one of the arrested protesters were females.
Wed, 16 Dec 1998
Hundreds of timber workers quit
Hundreds of timber workers quit AMBON, Maluku: At least 419 employees of PT Mangole Timber Producer have quit citing mental trauma following a powerful earthquake that shook the remote island of Mangole on Nov. 19, Antara said.
Wed, 16 Dec 1998
Australia keeping eye on its citizens in RI
Australia keeping eye on its citizens in RI WELLINGTON (AFP): Australia is prepared to act if the lives of about 10,000 Australians in Indonesia are threatened in renewed rioting, Australian Chief of Defense Force Adm. Chris Barrie said here on Tuesday.He said New Zealand would be expected to help.
Wed, 16 Dec 1998
Land clearance at BSD postponed
Land clearance at BSD postponed TANGERANG (JP): The West Java High Court has ordered the Tangerang District Court to postpone the clearance of a plot at the Bumi Serpong Damai housing complex here whose ownership is disputed.The high court made the order in a letter signed by its deputy chairman, H.
Wed, 16 Dec 1998
Villagers say chief must go
Villagers say chief must go BOGOR (JP): At least 200 residents of Cipambuan village in Citeureup district staged a protest at the regency's Legislative Council here on Monday, demanding their village head be dismissed for alleged wrongdoing.H.B.
Wed, 16 Dec 1998
Asia told to fuel growth by allowing weaker currencies
Asia told to fuel growth by allowing weaker currencies SINGAPORE (Dow Jones): Asian governments should tolerate weaker currencies to assist a return to economic growth in the second half of 1999, Salomon Smith Barney's managing director of global emerging markets research said Tuesday.
Wed, 16 Dec 1998
Demography speaks of conflict
Demography speaks of conflictBy Sri Pamoedjo Rahardjo JAKARTA (JP): The social tensions which ushered in the end of the New Order has reached the crossroads of either retaining Pancasila democracy or adopting a Western-style democracy, and the common people are caught in the cross fire of the...
Wed, 16 Dec 1998
Settlers pack up for hometowns
Settlers pack up for hometowns KENDARI, Southeast Sulawesi: More than 100 families in a resettlement area in Buton regency have sold their property and returned to their hometowns over the past year, Antara reported on Sunday.
Wed, 16 Dec 1998
Scholarships for ASEAN students
Scholarships for ASEAN students HANOI (JP): Singapore Prime Minister Goh Chok Tong announced here on Tuesday that he would provide new scholarships to help undergraduate students from ASEAN countries study on the island state.
Wed, 16 Dec 1998
Young Indonesians inherit huge foreign debt
Young Indonesians inherit huge foreign debtBy Eddy Soeparno JAKARTA (JP): Not so long ago, a leading Indonesian economist explained in plain Bahasa Indonesia what the actual size of the state's foreign debt was.