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Fri, 12 Dec 1997
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) conversion rates on Dec. 11, 1997: Buying Selling Rp Rp U.S dollar 4,400.00 4,650.00Austrian shilling 338.70 387.80Australian dollar 2,917.20 3,120.20Belgian franc 119.70 127.30Canadian dollar 3,081.20 3,272.
Fri, 12 Dec 1997
Where to go in Surabaya:
Where to go in Surabaya:Music and Entertainment * Sheraton Hotel, Jl. Embong Malang 25-31: - Bongo's Fun Pub & Restaurant: The Brilliant Creatures band performance, Tuesday to Sunday, 8:30 p.m. to 1 a.m. - Kawi Lounge: the Hip Fidelity Duo, Monday to Saturday, 8 p.m. to 12 midnight.
Fri, 12 Dec 1997
Greater transparency needed
Greater transparency needed A new task has been added to our homework: how to combat rumors and how to prevent them from developing. Still fresh in our minds is the rush on Bank Central Asia that occurred when it was rumored that Soedono Salim had died.
Fri, 12 Dec 1997
Police establish new clinic for drug addicts
Police establish new clinic for drug addicts JAKARTA (JP): City police chief Maj. Gen. Hamami Nata inaugurated a new clinic for drug addicts in East Jakarta yesterday.Nazatra Clinic, which is owned and managed by Jakarta Police, occupies a renovated three-story building located on the same site as...
Fri, 12 Dec 1997
RI tables bolder financial services offer at WTO
RI tables bolder financial services offer at WTO GENEVA (AFP): Indonesia tabled an offer on liberalizing its banking and insurance industries yesterday, trade officials said, one day before the cut-off date for a deal on opening the huge global financial services sector.
Fri, 12 Dec 1997
TPPI delays funding $2.5b project
TPPI delays funding $2.5b project JAKARTA (JP): PT Trans-Pacific Petrochemical Indotama (TPPI) has delayed its permanent financing plan for a US$2.5 billion petrochemical project in Tuban, East Java.TPPI's president, Hashim Djojohadikusumo, said that the delay was due in part to the current...
Fri, 12 Dec 1997
Jl. Cinere Raya badly damaged
Jl. Cinere Raya badly damaged For several months Jl. Cinere Raya has been badly damaged and has big holes all along it. The holes become small ponds during the rainy season.This condition has caused traffic jams in the morning and in the afternoon.
Fri, 12 Dec 1997
Local male shuttlers fail on GP Finals second day
Local male shuttlers fail on GP Finals second day JAKARTA (JP): Indonesia's men's singles crashed on the second day of the 1997 Lipton World Grand Prix Badminton Finals at the Senayan Indoor Stadium yesterday.
Fri, 12 Dec 1997
Moerdiono says no new economic polices
Moerdiono says no new economic polices JAKARTA (JP): The government is not planning to issue any new policies in the near future despite the continuing fall of the rupiah.Minister/State Secretary Moerdiono said yesterday that it is more important to remain vigilant and make a concerted national...
Fri, 12 Dec 1997
Money changers profit from rupiah nosedive
Money changers profit from rupiah nosedive JAKARTA (JP): Frenzied trading at money changer outlets throughout the city, which were triggered by rumors that President Soeharto was seriously ill, had leveled out yesterday.Arsil Moein, a director of Ayumas Money Changer on Jl.
Fri, 12 Dec 1997
Asian currency crisis threatens world: Chuan
Asian currency crisis threatens world: Chuan BANGKOK (AFP): Thai Premier Chuan Leekpai warned yesterday that the Asian currency storm which has seen local units sink to record lows will also affect "economies of developed countries.
Fri, 12 Dec 1997
Unocal finds Vietnam gas
Unocal finds Vietnam gas HANOI (AFP): A consortium including subsidiaries of U.S.-based Unocal Corporation and Mitsui Oil Exploration Co. of Japan have discovered natural gas offshore Vietnam, a Vietnamese oil official said yesterday.
Fri, 12 Dec 1997
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: Tom and Jerry Kid 3:10 Children's Program: Tunas 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Students' Quiz: Cerdas Cermat 5:10 Documentary Film: Science World 5:30 Music: Paket 27 6:00 News: Lintasan Berita 6:05...
Fri, 12 Dec 1997
Austrade to open its third Indonesian office in Medan
Austrade to open its third Indonesian office in Medan JAKARTA (JP): The Australian Trade Commission (Austrade) will open its third Indonesian office Wednesday.Bruce Wallace, Australia's Jakarta-based senior trade commissioner, said yesterday that the new office, located in Medan, would cover...
Fri, 12 Dec 1997
Where to go in Bali:
Where to go in Bali:Music and Entertainment * Bali Inter. Continental Resort, Jimbaran: - Singaraja Restaurant: Mini Balinese Jegog, daily, 6:30 p.m. to 10 p.m. - Saraswati Lounge: Balinese Cultural Dances, daily except Thursday and Sunday.
Fri, 12 Dec 1997
Utut moves into second round
Utut moves into second round JAKARTA (JP): Grandmaster Utut Adianto of Indonesia advanced to the second round of the FIDE World Chess Championships in the Dutch town of Groningen after defeating China's number one player GM Wang Zili Wednesday night, Antara reported.
Fri, 12 Dec 1997
Mar'ie meets with American business
Mar'ie meets with American business WASHINGTON (AP): Indonesian Finance Minister Mar'ie Muhammad told American business leaders Wednesday that Indonesia is sticking by its program of financial change and will do whatever is necessary to restore confidence in its economy.
Fri, 12 Dec 1997
Financial turmoil hits fishing vessel imports
Financial turmoil hits fishing vessel imports JAKARTA (JP): Indonesian fishing companies can import only 230 used fishing vessels this year, less than the 320 vessels allowed by the government, according to the Association of Indonesian Fishing Companies (Gappindo).
Fri, 12 Dec 1997
Prudent business management essential: Tunky
Prudent business management essential: Tunky JAKARTA (JP): Minister of Industry and Trade Tunky Ariwibowo urged local entrepreneurs yesterday to manage their businesses prudently in response to a less accommodating Indonesian economy.
Fri, 12 Dec 1997
Manila slowly creeps out of IMF cage
Manila slowly creeps out of IMF cageBy Jonathan Thatcher MANILA (Reuters): Just when the International Monetary Fund is putting Asia's tiger economies back in the cage, it is getting ready to let the one-time runt of the litter, the Philippines, roam alone in the woods.
Fri, 12 Dec 1997
Over 130 schools damaged in storms
Over 130 schools damaged in storms SEMARANG, Central Java: More than 130 elementary school buildings have been damaged by torrential rain since last month, Antara reported yesterday.Soekendro of the provincial education office estimated a financial loss of Rp 1 billion (US$281,700), and said that...
Fri, 12 Dec 1997
The Listening Post
The Listening Post "Building English Skills Through Newspaper + Radio" Produced by American Language Center in cooperation with The Jakarta Post and Radio Sonora FM 100.9 Mhz * I went road-racing last Sunday at Sentul.
Fri, 12 Dec 1997
Johor eyes more S'pore investment
Johor eyes more S'pore investmentBy David Chew SINGAPORE (JP): The South Malaysian state of Johor wants an influx of Singaporeans now that massive traffic jams along the causeway, which had discouraged them from patronizing it, have eased.
Fri, 12 Dec 1997
Stocks fall 4.8% as rupiah stabilizes
Stocks fall 4.8% as rupiah stabilizes JAKARTA (JP): Share prices on the Jakarta Stock Exchange plunged 4.8 percent yesterday from persistent regional weaknesses, while the rupiah stabilized close to the 4,400 level against the U.S. dollar, stockbrokers and dealers said.
Fri, 12 Dec 1997
Walhi regrets the killing of crocodile
Walhi regrets the killing of crocodile SAMARINDA, East Kalimantan: The Indonesian Environmental Forum (Walhi) regrets the killing of a rare giant crocodile (Crocodilus porosus) in Bulungan regency, a local Walhi official said here yesterday.
Fri, 12 Dec 1997
Japan offers $18b to ASEAN
Japan offers $18b to ASEAN TOKYO (AFP): Japan plans to offer trade insurance worth a total of US$18 billion to help private-sector projects improve infrastructure in ASEAN nations over the next five to six years, a report said yesterday.
Fri, 12 Dec 1997
ASEAN summit to discuss Myammar
ASEAN summit to discuss Myammar BANGKOK (DPA): Southeast Asian leaders will use the upcoming informal ASEAN summit in Kuala Lumpur to hash out their common stance on the "Myanmar issue", which has proven a thorn in ASEAN- EU relations, a senior Thai minister said yesterday.
Fri, 12 Dec 1997
Chandra Asri to shut plant
Chandra Asri to shut plant SINGAPORE (Reuters): Indonesia's PT Chandra Asri, the country's only olefin producer, is planning to shut its 520,000 ton per year ethylene cracking complex located in Cilegon, West Java for 10 days in July for maintenance, a company source said yesterday.
Fri, 12 Dec 1997
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting Exhibition: Impressions of Indonesia by Hetty Ansing at the Nusantara Gallery, Jl. Arteri Raya, Paradiso Executive Complex, Central Jakarta, until Jan. 10. * Painting Exhibition: Nuansa Cakrawala, by Rieta Yoedho, A. Malik A., Emily D.
Fri, 12 Dec 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 11, 1997: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 750 50 500 AHAP Insurance 625 0 0 Alter Abadi 400 0 0 Alumindo Light Metal 225 0 7,593,000 Alumindo...
Thu, 11 Dec 1997
New Year's festivities okay before Dec. 28
New Year's festivities okay before Dec. 28 JAKARTA (JP): The city administration has decided to allow entertainment businesses to hold New Year's celebrations before Dec. 28, the Public Order Agency announced yesterday.
Thu, 11 Dec 1997
Sony offers scholarships
Sony offers scholarships JAKARTA (JP): The audio-video maker Sony Group will present a number of scholarships to prominent final-grade students of state universities as part of the company's program to support education and training programs in Indonesia.
Thu, 11 Dec 1997
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Children's Film 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Orchestra Film 5:00 Arabic Lessons 5:30 Children's Story: Si Kecil yang Berani 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved...
Thu, 11 Dec 1997
Asian cocoa prices up due to currency, supply
Asian cocoa prices up due to currency, supply KUALA LUMPUR (Reuters): Cocoa prices remained firm in Malaysia and Indonesia yesterday, with tight supply and weaker currencies prompting gains, regional traders said.
Thu, 11 Dec 1997
Utut wins first game in Groningen
Utut wins first game in Groningen JAKARTA (JP): Grandmaster Utut Adianto of Indonesia opened his world chess championship campaign with a victory, defeating GM Wang Zhili of China in Groningen, the Netherlands.Utut, who has an elo rating of 2,610, beat Zili in a three- hour intense game Monday.
Thu, 11 Dec 1997
Nepalese man may face death penalty
Nepalese man may face death penalty JAKARTA (JP): A prosecutor asked South Jakarta District Court yesterday to sentence a young Nepalese man to death for trafficking 1.2 kilograms of heroin.Prosecutor Sugiyanto said the defendant, 23-year-old Budhe Tamang, arrived here from Thailand with the heroin...
Thu, 11 Dec 1997
Different attitudes on youth promiscuity
Different attitudes on youth promiscuityBy Harko Kasran JAKARTA (JP): Social observers Dr. Sarlito Wirawan and Ninuk Widiyantoro recommended (The Jakarta Post, Dec. 1) that the youths be taught to use condoms.
Thu, 11 Dec 1997
WB sets $1b for the poor
WB sets $1b for the poor JAKARTA (JP): The World Bank will provide US$1 billion to launch an employment safety net for low-income people currently hit by the economic crisis, the bank's country director for Indonesia Dennis de Tray said yesterday.
Thu, 11 Dec 1997
S'pore rubber futures hit by rupiah
S'pore rubber futures hit by rupiah SINGAPORE (Reuters): Rubber futures on the Singapore Commodity Exchange (SICOM) fell along with Tokyo and on fears of further weakness as the Indonesian rupiah tumbled, dealers said yesterday."The market is partly depressed by Japan.
Thu, 11 Dec 1997
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) conversion rates on Dec. 10, 1997: Buying Selling Rp Rp U.S. dollar 4,350.00 4,600.00Austrian shilling 326.20 373.80Australian dollar 2,838.60 3,036.30Belgian franc 115.30 122.90Canadian dollar 2,997.90 3,188.
Thu, 11 Dec 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 10, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 700 -50 25,000 AHAP Insurance 625 0 0 Alter Abadi 400 0 0 Alumindo Light Metal 225 25 5,641,500 Alumindo...
Thu, 11 Dec 1997
Students' safety
Students' safetyFrom KompasI would like to have the attention of the authorities in Jakarta for the safety of high school students going to and from school. I think my feelings are shared by the majority of students' parents in the capital city.
Thu, 11 Dec 1997
Toyota's sales up, Timor leads market
Toyota's sales up, Timor leads market JAKARTA (JP): Automobile manufacturer PT Toyota Astra Motor (TAM) and the distributor of the country's national car, PT Timor Distributor Nasional (TDN), have each claimed to be leading players in the Indonesian automobile industry.
Thu, 11 Dec 1997
U.S. senator upbeat about RI economy
U.S. senator upbeat about RI economy JAKARTA (JP): United States Senator Max Baucus said here yesterday he was optimistic that Indonesia would be able to weather the currency crisis if it fully implemented its reform package.
Thu, 11 Dec 1997
Military involvement seen hurting labor protection
Military involvement seen hurting labor protection SURABAYA (JP): An increasingly excessive intervention by security authorities in many labor disputes has robbed workers of just and satisfying solutions, and of control over situations, an activist says.
Thu, 11 Dec 1997
Bapepam suspends 16 securities companies
Bapepam suspends 16 securities companies JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) has suspended 16 securities houses, mostly members of the Jakarta Stock Exchange (JSX), for failing to meet capital requirements, the chairman of agency said yesterday.
Thu, 11 Dec 1997
Cricket mini-World Cup to be held in Sharjah
Cricket mini-World Cup to be held in Sharjah CALCUTTA (AFP): Sharjah in the United Arab Emirates was chosen over Bangladesh and the United States as the venue for the 1998 mini-World Cup cricket tournament at a meeting of the International Cricket Council (ICC) here Tuesday.
Thu, 11 Dec 1997
Krakatau to join Australian project
Krakatau to join Australian project ADELAIDE (Reuters): The South Australian Steel and Energy Project (SASE) will involve Ausmelt Ltd, Meekatharra Minerals Ltd and two Indonesian companies, the state-owned PT Krakatau Steel and privately-owned PT Maritosa and Coalindo.
Thu, 11 Dec 1997
Won continues slide despite govt efforst
Won continues slide despite govt efforst SINGAPORE (Reuters): Asian currencies were shrouded in gloom yesterday as the South Korean won sank to new lows despite government efforts to calm shaky markets.The won hit its daily lower limit of 1,565.
Thu, 11 Dec 1997
Developing literature
Developing literature Dozens of Indonesian novelists, short story writers, poets, playwrights and critics are currently holding a series of meetings in Bukittinggi and Kayutanam, two West Sumatran towns which have given birth to a number of intellectuals and writers, to discuss the country's...