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Sat, 06 Dec 1997
MetLife forms RI venture
MetLife forms RI venture NEW YORK (Reuters): Metropolitan Life Insurance Co said Thursday that it established a new life insurance company in Indonesia through a joint venture partnership.MetLife said its primary partner for the new company is PT Tunasmas Paduarta, a financial services subsidiary...
Sat, 06 Dec 1997
Govt and businessmen agree to join forces
Govt and businessmen agree to join forces JAKARTA (JP): Minister of Finance Mar'ie Muhammad and prominent local business leaders agreed yesterday to join forces to restore foreign investors' confidence in the country's economy and currency.
Sat, 06 Dec 1997
Mitsubishi to launch new Galant here early next year
Mitsubishi to launch new Galant here early next yearBy John Aglionby MITSUBISHI marked the sale of its one millionth vehicle in Indonesia this week by announcing that the new Galant would be available here from the very beginning of next year.
Sat, 06 Dec 1997
WB grants Indonesia loan to improve banking sector
WB grants Indonesia loan to improve banking sector JAKARTA (JP): The World Bank has approved a technical assistance loan worth US$20 million to Indonesia to improve its banking sector.The World Bank (WB) said in a statement yesterday that the loan was designed to help implement Indonesia's banking...
Sat, 06 Dec 1997
Rudini applauds decision to scrap VP selection team
Rudini applauds decision to scrap VP selection team JAKARTA (JP): Political observer Rudini has applauded President Soeharto's decision to scrap the tradition of forming an extraparliamentary team to help him choose a vice president, saying it indicated improved democratization.
Sat, 06 Dec 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec.5, 1997: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 825 0 0 AHAP Insurance 625 0 0 Alter Abadi 425 0 161,000 Alumindo Light Metal 300 -25 217,000 Alumindo...
Sat, 06 Dec 1997
Poor villagers place last hope in 'salak'
Poor villagers place last hope in 'salak'By Sri Wahyuni BANJARNEGARA, Central Java (JP): For farmers of Pagedongan, a poor village 10 kilometers south of here, the first rain last month not only brought an end to this year's harsh drought but also hope.
Sat, 06 Dec 1997
Cacuk elected new chairman of ITB alumni
Cacuk elected new chairman of ITB alumni BANDUNG (JP): Cacuk Sudarijanto was elected the new chairman of the Bandung Institute of Technology (ITB) alumni association yesterday, replacing Giri Suseno.Of the 1,264 ballots, Cacuk, former general manager of state- owned telecommunications company PT...
Sat, 06 Dec 1997
Try inaugurates Bontang gas line
Try inaugurates Bontang gas line JAKARTA (JP): Vice President Try Sutrisno inaugurated here yesterday Pertamina's seventh liquefied natural gas production unit, the Train-G, in Bontang, East Kalimantan.
Sat, 06 Dec 1997
Indonesian exports rise 8.5% as imports fall 5.3%
Indonesian exports rise 8.5% as imports fall 5.3% JAKARTA (JP): Indonesia's monthly exports rose by nearly 8.5 percent to US$4.69 billion in September from $4.33 billion in the same month last year, according to the lastest government figures.
Sat, 06 Dec 1997
Amateurs tee off Johnnie Walker week
Amateurs tee off Johnnie Walker week JAKARTA (JP): The seventh Johnnie Walker International Club Championship tees off at Emeralda Golf & Country Club near here from Dec. 7 to Dec. 8 when 14 nations are competing to win Asia's most prestigious amateur team event.
Sat, 06 Dec 1997
Kemang delegation gets no joy from City Council
Kemang delegation gets no joy from City Council JAKARTA (JP): A deputation claiming to represent employees of Kemang businesses was told yesterday it should not expect the city administration to change its mind over the planned closures.
Sat, 06 Dec 1997
Banyuwangi to get new airport
Banyuwangi to get new airport BANYUWANGI, East Java: Construction of a new airport here is expected to begin early next year despite an earlier postponement of the plan."The (central) government has agreed (to build the new airport) because it was not part of the list of projects reviewed due to...
Sat, 06 Dec 1997
W. Java police to patrol in force
W. Java police to patrol in force CIREBON, West Java: West Java Police will be out in force for the Christmas and Idul Fitri holidays with some 11,000 personnel, or about two-thirds of the West Java police force, on duty.
Sat, 06 Dec 1997
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) conversion rates on Dec. 5, 1997. Buying Selling Rp Rp U.S dollar 3,925.00 4,025.00Austrian shilling 304.80 334.40Australian dollar 2,649.90 2,715.40Belgian franc 107.80 109.90Canadian dollar 2,775.40 2,824.70Swiss franc 2,750.
Sat, 06 Dec 1997
House backs PLN move on tariffs
House backs PLN move on tariffs JAKARTA (JP): The House of Representatives Commission VIII for budgetary affairs supported yesterday PT Perusahaan Listrik Negara's (PLN) move to renegotiate power prices with private electricity companies.
Sat, 06 Dec 1997
'Mat Angin' wins lion's share of 'sinetron' awards
'Mat Angin' wins lion's share of 'sinetron' awardsBy Yogita Tahil Ramani JAKARTA (JP): Deddy Mizwar could not have been a happier man Thursday night, or at least happier than Mat Angin, the self- opinionated character he played in the TV comedy serial of the same name.
Sat, 06 Dec 1997
3.6 kilograms of heroin destroyed
3.6 kilograms of heroin destroyed TANGERANG (JP): The local prosecutor's office destroyed yesterday 3.6 kilograms of heroin, worth about Rp 5 billion (US$1.25 million), which was smuggled into the country by three Myanmarese nationals.
Sat, 06 Dec 1997
Yamatake, Berca sign deal
Yamatake, Berca sign deal JAKARTA (JP): PT Berca Indonesia and Japan's Yamatake- Honeywell Co. Ltd signed an agreement Thursday to set up a joint venture to provide electrical installation equipment and air conditioners for high-rise buildings.
Sat, 06 Dec 1997
Govt lures bamboo investors
Govt lures bamboo investors JAKARTA (JP): The Ministry of Forestry has promised to issue incentives to private companies willing to develop bamboo-based industries in Indonesia.The director general of reforestation and reclamation, Hendarsun S.
Sat, 06 Dec 1997
Indonesia Incorporated?
Indonesia Incorporated? We have noted that since the International Monetary Fund announced its US$23 billion rescue packet about a month ago, no major steps have been taken to show our desire to get out of the present crisis.
Sat, 06 Dec 1997
Chaos breaks out in Surabaya PMII congress
Chaos breaks out in Surabaya PMII congress SURABAYA (JP): Chaos broke out at the congress of the Islamic Student Movement Association (PMII) yesterday when hundreds of participants ditched talking in favor demonstrating at the meeting.
Sat, 06 Dec 1997
Novotel hotels to open in Lombok and Yogya
Novotel hotels to open in Lombok and Yogya JAKARTA (JP): One of the largest hotel groups in the Asia- Pacific region, Accor Asia Pacific, is expanding its business in Indonesia with the addition of two four-star hotels in Yogyakarta and Lombok, West Nusa Tenggara.
Sat, 06 Dec 1997
Suwito retains WBF welterweight title
Suwito retains WBF welterweight title JAKARTA (JP): Suwito Lagola of Indonesia retained his World Boxing Federation (WBF) welterweight title in a controversial points decision against Danny Boy of Australia on Thursday night.The three judges scored the fight very differently.
Sat, 06 Dec 1997
Asian currencies pare losses
Asian currencies pare losses SINGAPORE (Reuters): Most Asian currencies erased their losses late yesterday as the Malaysian ringgit suddenly rebounded, spurring widespread profit-taking on the U.S. dollar's earlier rise.
Sat, 06 Dec 1997
Twenty dialects in C. Sulawesi
Twenty dialects in C. Sulawesi PALU, Central Sulawesi: Researchers here have recently discovered 20 widely spoken dialects in five districts in the province.Head of the six-month research project, Abdillah Abdul Rahim, said here yesterday that the dialects are spoken mostly in the districts of...
Sat, 06 Dec 1997
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting Exhibition: by Diego Menendez, an Argentinean in Indonesia, at Duta Fine Arts Foundation, Jl. Kemang Utara 55A, South Jakarta, daily at 10 a.m. to 7 p.m., Sunday and Monday at 11 a.m. to 4 p.m., until Dec. 23.
Sat, 06 Dec 1997
Foundation slams dumping of bodies
Foundation slams dumping of bodies JAKARTA (JP): Sumber Asih Foundation board members voiced regret yesterday over their indirect role in the dumping of dozens of aborted babies and fetuses in its school yard in Central Jakarta.The foundation's chairperson, M.
Sat, 06 Dec 1997
Seven men bash police officer waiting for bus
Seven men bash police officer waiting for bus JAKARTA (JP): Police are searching for seven men who bashed a police officer while he was waiting for a bus in Central Jakarta.The officer, Capt. Ulung Kanjaya, was badly beaten about the head and was being treated yesterday at Cipto Mangunkusumo...
Sat, 06 Dec 1997
Council says no to Hotel Mulia's 2nd tower
Council says no to Hotel Mulia's 2nd tower JAKARTA (JP): The City Council has sent a letter to Governor Sutiyoso urging him to prevent Hotel Mulia Senayan from building a second tower on the grounds that it could adversely affect the surrounding area.
Sat, 06 Dec 1997
Bank Andromeda vs. government
Bank Andromeda vs. government I refer to the article 'Integrity at stake in bank closure aftermath' (Nov. 12, 1997, page 1) by Laksamana Sukardi.I am a regular reader of The Jakarta Post as it is the official paper at the Kartika Chandra and Shangri-La hotels.
Sat, 06 Dec 1997
Furniture exports expected to decline
Furniture exports expected to decline JAKARTA (JP): Furniture exports to several Asian countries are expected to start declining in coming months.Tjipto Wignjoprajitno, the acting chairman of the Association of Furniture and Handcraft Producers, said yesterday the region's monetary crisis would...
Sat, 06 Dec 1997
President and Vice President
President and Vice PresidentFrom Panji MasyarakatThe issue of presidential and vice presidential nominations has been widely talked about lately. Some groups have nominated Soeharto as the next president of the republic.
Sat, 06 Dec 1997
Foster parents movement told to prioritize eastern Indonesia
Foster parents movement told to prioritize eastern Indonesia JAKARTA (JP): Vice President Try Sutrisno told the Foster Parents Movement yesterday to focus its campaign in eastern Indonesia to help poor children attend school.
Sat, 06 Dec 1997
Belo reflects on 1997, calls for harmony
Belo reflects on 1997, calls for harmony DILI, East Timor (JP): Reflecting with some pessimism on the events of the past 12-months, East Timor Bishop Carlos Filipe Ximenes Belo called on all parties in the province to come together in harmony and pursue change.
Sat, 06 Dec 1997
Relief operations in Irian Jaya shift to food sufficiency
Relief operations in Irian Jaya shift to food sufficiency JAKARTA (JP): Relief operations in drought-hit Irian Jaya jointly conducted by the International Committee of Red Cross (ICRC) and the Indonesian Red Cross (PMI) will be followed by efforts to help the local people reach self-sufficiency in...
Sat, 06 Dec 1997
Govt urged to act swiftly against rumors
Govt urged to act swiftly against rumors JAKARTA (JP): The government's slow response to public rumors concerning the banking industry may have triggered further public unease, an economist has said.The chairman of the Indonesian Business Data Center, Christianto Wibisono, told The Jakarta Post...
Sat, 06 Dec 1997
Experts to discuss RI's social history
Experts to discuss RI's social history JAKARTA (JP): University of Indonesia in cooperation with the Center for Asian Studies Amsterdam will hold a four-day seminar on Indonesian social history, starting Monday.
Sat, 06 Dec 1997
Singapore government too cavalier: Jeyaretnam
Singapore government too cavalier: Jeyaretnam SINGAPORE (Reuters): Singapore's ruling party has such tight control of the government that it tends to ignore parliament and simply does what it likes, veteran opposition leader Joshua Jeyaretnam alleged yesterday.
Sat, 06 Dec 1997
Rupiah breaches 4,000 barrier
Rupiah breaches 4,000 barrier JAKARTA (JP): The rupiah hit another new record low yesterday, breaking the 4,000 psychological level in midday trading while the stock market gained ground, dealers and brokers said.
Sat, 06 Dec 1997
Beware of this old scam
Beware of this old scam Readers should be aware of the sudden appearance in Indonesia of faxes and color brochures from a company in Italy calling itself Future Strategies. The writing is all in Bahasa Indonesia, and the documents invite you to send US$40 to a bank account in Kelapa Gading and...
Sat, 06 Dec 1997
Transport body gears up for holiday exodus
Transport body gears up for holiday exodus JAKARTA (JP): The City Land Transportation Agency has arranged for 7,801 buses to accommodate the estimated 1.26 million travelers in the holiday seasons of Christmas, New Year and Ramadhan fasting month.Head of the agency, J.P.
Sat, 06 Dec 1997
Antonov, Timor sign deal
Antonov, Timor sign deal AMSTERDAM (Reuters): Gearbox maker Antonov said yesterday it had signed an agreement with Indonesian car manufacturer Timor for the development and installation of a prototype Antonov transmission."This new agreement with Timor is directed at its passenger vehicle program.
Sat, 06 Dec 1997
No ordinary college
No ordinary college Not many colleges in the country have a strong and influential association of alumni, and even fewer of these associations meet regularly. And perhaps only one college in Indonesia has an alumni association which can get the country's president to open its congress: the Bandung...
Sat, 06 Dec 1997
Duty and responsibility
Duty and responsibilityFrom MerdekaNearly 50 percent of the Indonesian population have seen in the printed media or on television that you have taken an oath of office stating, "will neither receive nor give anything in any form that is suspicious or is liable to suspicion ...
Sat, 06 Dec 1997
Police doing their best despite personnel pinch
Police doing their best despite personnel pinch JAKARTA (JP): Chronic problems besiege the 17,000-strong Jakarta Police Force but a lack of personnel, funds and facilities will not dampen spirits as it celebrates 48 years of service today.
Sat, 06 Dec 1997
Woman tried for consuming'putaw'
Woman tried for consuming'putaw' JAKARTA (JP): A woman was indicted at Central Jakarta District Court yesterday for possessing and consuming putaw, a low-grade heroin.Prosecutor Shinta Sasanti said Eva Linda Gunawan, 28, was arrested by undercover police officers in her rented house on Jl.
Sat, 06 Dec 1997
Soeharto cancels trip to OIC summit in Iran
Soeharto cancels trip to OIC summit in Iran JAKARTA (JP): President Soeharto has canceled a planned trip to attend an Organization of Islamic Conference (OIC) summit in Tehran after doctors advised him to take a 10-day rest.
Sat, 06 Dec 1997
Kasiadi wins West Java Open
Kasiadi wins West Java Open CIAWI, West Java (JP): Indonesia's leading golfer Kasiadi from Surabaya's Yani Golf Club justified his billing yesterday when he won the West Java Open by three strokes with an even par 284 (71 72 70 71) at the Gunung Geulis Golf Country Club here.
Fri, 05 Dec 1997
Comedy serial 'Mat Angin' sweeps 11 awards
Comedy serial 'Mat Angin' sweeps 11 awards JAKARTA (JP): The winners almost took all as comedy serial Mat Angin lassoed eleven awards and TV drama Sepanjang Jalan Kenangan (Along Memory Lane) roped in eight at the Festival Sinetron Indonesia here last night.