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Wed, 09 Dec 1998
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Dec. 8, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,325.00 7,575.00 7,325.00 7,625.00Austrian schilling 1 585.30 655.30 - -Australian dollar 1 4,445.80 4,715.80 4,445.00 4,795.00Belgian franc 1 197.80 222.
Wed, 09 Dec 1998
Tugu Pratama 'keeps grip' on oil sector
Tugu Pratama 'keeps grip' on oil sector JAKARTA (JP): Most local insurance companies are still unable to break the stranglehold of PT Tugu Pratama in coverage for the oil sector despite state-owned oil company Pertamina's recent commitment to equal opportunities, a leading executive said on Tuesday.
Wed, 09 Dec 1998
Navy, Air Force in war drill
Navy, Air Force in war drill SURABAYA: The Navy and the Air Force launched a joint war exercise to defend the nation's territorial waters at the Navy's Eastern Fleet Command in Surabaya on Tuesday, Antara reported.
Wed, 09 Dec 1998
Infrastructure projects canceled over corruption
Infrastructure projects canceled over corruption JAKARTA (JP): The government has canceled 39 infrastructure projects under the Ministry of Communications which were tainted by corruption, collusion and nepotism.
Wed, 09 Dec 1998
Land ownership limits prevent bank recovery
Land ownership limits prevent bank recovery JAKARTA (JP): Offshore capital is giving crisis-hit Indonesia a wide berth partly due to uncertainties over foreign ownership of property in the country, according to a property consultancy firm.
Wed, 09 Dec 1998
Photos testify to societal ill of violence against women
Photos testify to societal ill of violence against womenBy Lilia Syarif Naga JAKARTA (JP): The reform movement has heightened consciousness of people nationwide and from all walks of life about their dignity, being and identity.
Wed, 09 Dec 1998
Indonesian horses to Iran's rescue
Indonesian horses to Iran's rescue BANGKOK (AFP): Iran has been allowed to stay in the Asian Games equestrian competition -- using Indonesian horses.Iran's own horses were banned after they arrived last month with incorrect veterinary papers.
Wed, 09 Dec 1998
Rupiah strengthens to 7,400 but stock exchange loses steam
Rupiah strengthens to 7,400 but stock exchange loses steam JAKARTA (JP): The rupiah closed firmer at 7,400 against the U.S. dollar in very light trading on Tuesday, but stock prices fell 0.1 percent on profit taking, currency dealers and stock brokers said.
Wed, 09 Dec 1998
Southeast Asia not out of crisis yet
Southeast Asia not out of crisis yetBy Andreas Baenziger SINGAPORE (DPA): Has the economic crisis in Southeast Asia already reached its low point? Is an upturn likely in the foreseeable future? Is the catastrophe which brought down the region's "Tiger economies" in mid-leap almost over?It depends...
Wed, 09 Dec 1998
Tunky grilled over Timor car
Tunky grilled over Timor car JAKARTA (JP): Key associates of former president Soeharto were questioned at the Attorney General's Office on Tuesday, a day before Soeharto himself was due to answer accusations of corruption.
Wed, 09 Dec 1998
Two students arrested for allegedly abducting officer
Two students arrested for allegedly abducting officer JAKARTA (JP): Police detectives arrested two Indonesian Christian University (UKI) students on Tuesday for their alleged involvement in the abduction of a police officer during a student protest.Head of the city police detective unit, Col.
Wed, 09 Dec 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 8, 1998: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 400 0 62,500 AHAP Insurance 400 0 0 Alter Abadi 275 0 10,000 Alumindo Light Metal 300 0 13,500 Alumindo...
Wed, 09 Dec 1998
Indonesia has slim chance in shooting
Indonesia has slim chance in shooting BANGKOK (JP): With China and South Korea appearing in fine form, Indonesia is doubtful about its prospects of achieving its target to win a silver medal in the shooting competition at the 13th Asian Games on Thursday.
Wed, 09 Dec 1998
Thousands rampage over scarcity of fertilizer
Thousands rampage over scarcity of fertilizer SEMARANG (JP): Thousands of people in the Central Java town of Blora went on a rampage on Monday evening over the scarcity of fertilizer, leaving at least six people badly injured and dozens of shops and vehicles damaged.
Wed, 09 Dec 1998
DBS halting RI healthcare
DBS halting RI healthcare SINGAPORE (Dow Jones): Singapore property developer DBS Land Ltd. said Tuesday it is halting a project to develop a healthcare facility in Surabaya, East Java.The company said wholly owned unit Premier Health Corporation International Pte. Ltd.
Wed, 09 Dec 1998
Rates for tax payment for Dec. 7 to Dec. 13
Rates for tax payment for Dec. 7 to Dec. 13 U.S. dollar 1 Rp 7,400.00Australian dollar 1 4,626.48Austrian schilling 1 617.54Belgian franc 1 210.58Canadian dollar 1 4,810.82Swiss franc 1 5,307.70Deutschemark 1 4,370.94Danish krone 1 1,142.72French franc 1 1,289.96Poundsterling 1 12,194.
Wed, 09 Dec 1998
Marciano goes one rank higher
Marciano goes one rank higher JAKARTA (JP): Col. Marciano Norman was installed on Tuesday as the new assistant for operational affairs of the city military command's chief of staff, replacing Col. Tritamtomo who had been promoted to be the West Jakarta military resort commander (Korem).
Tue, 08 Dec 1998
Fishing boat catches fire
Fishing boat catches fire DENPASAR, Bali: A fishing boat caught fire on Saturday off Bali but all the crew swam to safety to Ketapang, south of Denpasar, Antara reported on Monday.Bali Police spokesman Maj. Y.
Tue, 08 Dec 1998
Private Budi sues Wiwid
Private Budi sues Wiwid JAKARTA (JP): Private Budi Leksono, a member of the Presidential Guard, lodged a complaint at the Central Jakarta Police station on Monday against Wiwid Pratiwo for defamation."Wiwid has spread lies with groundless statements.
Tue, 08 Dec 1998
Prabowo to be honored in retirement ceremony
Prabowo to be honored in retirement ceremony JAKARTA (JP): The former commander of the Army's Special Force (Kopassus), Lt. Gen. (ret) Prabowo Subianto, is among 70 generals invited to bring their service to an honorable end in a formal retirement ceremony on Thursday.
Tue, 08 Dec 1998
Sporting superpower has nervous start to Asian Games
Sporting superpower has nervous start to Asian Games BANGKOK (Agencies): China struggled to establish its superiority on the first day of serious Asian Games competition Monday with its swimmers slowing down and its shooters off target.
Tue, 08 Dec 1998
Lifter Indri bags RI's 1st medal
Lifter Indri bags RI's 1st medalBy Primastuti Handayani BANGKOK (JP): Liu Xiuhua of China won the gold medal in the 48 kilograms women's weightlifting event on the second day of the 13th Asian Games.Liu lifted a total of 187.5 kilograms and set a new snatch record of 83.5 kilograms.
Tue, 08 Dec 1998
Reform justification for blasphemy?
Reform justification for blasphemy? President B.J. Habibie said reforms do not intend to destroy what the country has achieved these past decades. Reforms should not serve as a reason for people to blaspheme one another or force their own will on others.
Tue, 08 Dec 1998
Troops rescue man from mob's attack
Troops rescue man from mob's attack JAKARTA (JP): Hundreds of Duri Utara, West Jakarta residents on Monday evening threw stones at the house of a local resident who was hiding inside after wounding a youth with a sword.
Tue, 08 Dec 1998
Govt will open Java, Bali to foreign mining investments
Govt will open Java, Bali to foreign mining investments BANDUNG, West Java (JP): Both Java and Bali will be opened to foreign mining investments under the eighth generation Contract of Work (COW) which is being drafted by the Ministry of Mines and Energy, a ministry official said here on Tuesday.
Tue, 08 Dec 1998
Assets: Getting better value for money
Assets: Getting better value for moneyBy C.J. de Koning The following is the second of two articles on Indonesia's economic crisis. LONDON (JP): How does the IMF program for Indonesia fit into this analysis? Selling state-owned companies to the private sector shifts ownership in the expectation...
Tue, 08 Dec 1998
Ghalib says Tommy's Timor car nepotistic
Ghalib says Tommy's Timor car nepotistic JAKARTA (JP): Attorney General Andi M. Ghalib described the former president Soeharto's national car program, entrusted to his own son Hutomo Mandala Putra, as a graft-infested project designed entirely for self-profit.
Tue, 08 Dec 1998
The long and painful process of reforming a government
The long and painful process of reforming a governmentBy Owen Podger This is the second of two articles on the obstacles blocking attempts to reform the government. JAKARTA (JP): Why has the government delayed implementing functional positions (jabatan fungsional)? The reason given by the Ministry...
Tue, 08 Dec 1998
Rupiah end unchanged, stocks gain 2.3 percent
Rupiah end unchanged, stocks gain 2.3 percent JAKARTA (JP): The rupiah remained steady to close at 7,550 against the U.S. dollar in dull trading on Monday but stock prices gained 2.3 percent.Currency dealers said trading activities had significantly subsided and most participants had moved to the...
Tue, 08 Dec 1998
Thanks to Garuda
Thanks to Garuda I would like to relate a very positive experience on Nov. 13, 1998. We were 50 expectant participants for Jungle Run 9 in Tana Toraja, scheduled on the 12:30 p.m. Garuda flight from Jakarta to Ujungpandang.
Tue, 08 Dec 1998
E. Timorese mark anniversary of 'invasion' with protests
E. Timorese mark anniversary of 'invasion' with protests JAKARTA (JP): East Timorese marked the 23rd anniversary of what they described as the territory's invasion by Indonesia by dancing and protesting at the United Nations headquarters here.
Tue, 08 Dec 1998
When a doctor's honest help paid back with a cruel attack
When a doctor's honest help paid back with a cruel attackBy Yogita Tahil Ramani JAKARTA (JP): It was dusk on Nov. 27 and Andi Santosa, a 47- year-old general practitioner, was at his rented practice on Jl. Dewi Sartika, East Jakarta.He was alone.
Tue, 08 Dec 1998
Thailand calls for Cambodian reforms
Thailand calls for Cambodian reforms BANGKOK (AP): Despite the United Nations' recent decision to admit Cambodia, Thailand is still cautious about allowing the country to join the Association of Southeast Asian Nations, a Foreign Ministry official said on Monday.
Tue, 08 Dec 1998
Students told to stop denouncing ABRI
Students told to stop denouncing ABRI JAKARTA (JP): Minister of Education and Culture Juwono Sudarsono appealed to students on Monday to stop bashing the Armed Forces (ABRI) while the nation's security and stability is in a most precarious position.
Tue, 08 Dec 1998
Author forecasts a cautious resumption of growth in Asia
Author forecasts a cautious resumption of growth in AsiaBy Edward Neilan TOKYO (JP): Always ahead of the curve in anticipating change, historian-author-consultant Daniel Yergin is already talking about "The Asian Comeback.
Tue, 08 Dec 1998
DHL's money-back guarantee
DHL's money-back guarantee JAKARTA (JP): PT Birotika Semesta/DHL Worldwide Express launched on Tuesday a new service called The USA First's Service Guarantee that promises door-to-door delivery of any shipment from a number of major cities in Indonesia to the United States in two days.
Tue, 08 Dec 1998
Crimes on toll road
Crimes on toll roadFrom Bisnis IndonesiaReading, hearing about and witnessing the hair-raising hold- ups and robberies on Jakarta's urban toll roads all make we ordinary citizens really gripped by fear in conducting our daily activities.
Tue, 08 Dec 1998
English language teaching must be reformed
English language teaching must be reformedBy A. Chaedar Alwasilah This is the first of two articles on the necessity of reform in the teaching of English as a foreign language in Indonesia. BANDUNG, West Java (JP): May 1998 marked a new era of reform for all walks of Indonesian life, including...
Tue, 08 Dec 1998
ASEAN leaders urge trade, finance liberalization
ASEAN leaders urge trade, finance liberalization HANOI (Dow Jones): Southeast Asian leaders will call for increased liberalization of trade and services and faster implementation of a regional tariff agreement at a summit of leaders in Hanoi next week, according to a preliminary draft of a joint...
Tue, 08 Dec 1998
Obituary
Obituary Soebadio Sastrosatomo, an independence fighter and a politician after Indonesian won its independence, died of old age at the Metropolitan Medical Center (MMC) on Monday.Antara reported that he died at MMC after having been treated at the hospital for a month for various health problems.
Tue, 08 Dec 1998
Obuchi to attend ASEAN summit
Obuchi to attend ASEAN summit TOKYO (Reuters): Prime Minister Keizo Obuchi will attend the Association of Southeast Asian Nations (ASEAN) summit meeting in Hanoi on Dec.15 through Dec. 16, which includes a Japan-ASEAN summit on the Dec. 16, a senior Foreign Ministry official said on Monday.
Tue, 08 Dec 1998
Meaning of democracy
Meaning of democracyFrom Media IndonesiaApparently we still have a lot to learn about democracy. The New Order regime interpreted democracy as holding total power (judiciary, executive and legislative, even military) in one hand.
Tue, 08 Dec 1998
Muchtar, Ratna to get awards
Muchtar, Ratna to get awards JAKARTA (JP): Labor leader Muchtar Pakpahan and playwright Ratna Sarumpaet have been named as recipients of awards by two separate international bodies advocating human rights.The awards will be handed at separate ceremonies on Dec.
Tue, 08 Dec 1998
Asian Games results
Asian Games resultsCyclingMen's downhill: 1. P. Kongsamut (Tha) 3min 43.13sec 2. Takashi Tsukamoto (Jpn) 3.44.79 3. Lam Brian Cook (Hkg) 3.57.65Women's downhill: 1. Sachiko Kamakura (Jpn) 4min 26.49sec 2. Mami Masuda (Jpn) 4:44.15 3. Chen Ju Miao (Tpe) 4:54.18ShootingWomenTeam Air Rifle: 1.
Tue, 08 Dec 1998
Where to go in Bandung:
Where to go in Bandung:Exhibitions * Fine Arts Exhibition: Gonjang Ganjing Negeriku, by Herry Dim, at Galeri Taman Budaya Jawa Barat, Jl. Bukit Dago Selatan No. 53, 9 a.m. to 1 p.m. and 4 p.m. to 7 p.m., until Dec. 11.
Tue, 08 Dec 1998
Student's death investigated
Student's death investigated AMBON, Maluku: A Pattimura University team probing the mysterious death of one of its students following clashes with security forces here last month has promised to continue with the investigation.
Tue, 08 Dec 1998
Brebes calm after Sunday riot, police still investigating
Brebes calm after Sunday riot, police still investigating SEMARANG, Central Java (JP): Police in Brebes have said they are still investigating a riot on Sunday in which 10 people were hurt when Golkar supporters clashed with followers of the splintered Indonesian Democratic Party (PDI) faction led...
Tue, 08 Dec 1998
Habibie rejects plan to hold national dialog
Habibie rejects plan to hold national dialog JAKARTA (JP): President B.J. Habibie has poured cold water on the National Resilience Council's (Lemhanas) plan to hold a national dialog, saying it may create more problems than it intends to solve.
Tue, 08 Dec 1998
Medal winner Indri following in the footsteps of her father
Medal winner Indri following in the footsteps of her father BANGKOK (JP): Sri Indriyani may not be as well-known as the Indonesian badminton players, but the weight lifter stole the limelight after winning the country's first medal at the 13th Asian Games.
Tue, 08 Dec 1998
'Many firms prefer to hold meetings outside Jakarta'
'Many firms prefer to hold meetings outside Jakarta' BOGOR, West Java (JP): The uncertainty over security and the political situation in Jakarta has provided opportunities for hotels and resorts outside the capital.