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Wed, 24 Dec 1997
U.S. agency downgrades Malaysian currency rating
U.S. agency downgrades Malaysian currency rating KUALA LUMPUR (AFP): U.S. ratings agency Standard and Poor's on yesterday lowered Malaysia's foreign and local currency credit ratings in an action reflecting the country's cloudy economic outlook.
Wed, 24 Dec 1997
S. Korea's foreign debt totals more than $200b
S. Korea's foreign debt totals more than $200b SEOUL (AFP): Fears of possible debt defaults intensified in South Korea yesterday as the government made the shock admission that the country's total foreign debt was more than US$200 billion -- twice the amount presumed earlier.
Wed, 24 Dec 1997
Retailers face unpredictable future
Retailers face unpredictable future JAKARTA (JP): The Association of Indonesian Retailers (Aprindo) said yesterday the country's retailers could record high sales this year despite the economic turmoil, but the association still anticipated an unpredictable outlook next year.
Wed, 24 Dec 1997
Death penalties hottest trial news from Jakarta's courtrooms
Death penalties hottest trial news from Jakarta's courtroomsBy Ahmad Junaidi JAKARTA (JP): Trials in the city were marked this year by court decisions giving the death sentence to two defendants for committing murders.
Wed, 24 Dec 1997
Cruelty to elephants
Cruelty to elephants I refer to your Sunday, Nov. 23 article in the "Leisure" section about the plight of helpless elephants (Exploring the forest on elephant back in Way Kambas).I found the article horrendous and cannot believe you allowed it to go to press.
Wed, 24 Dec 1997
Government warns 15 publications
Government warns 15 publications JAKARTA (JP): The Ministry of Information recently reprimanded 15 publications for either administrative violations or contents which broke certain norms, but vowed there would be no press ban.
Wed, 24 Dec 1997
No Paper
No Paper In observance of Christmas, The Jakarta Post will not appear tomorrow. The Post will resume publication Friday. We wish our readers a Merry Christmas. -- Publisher
Wed, 24 Dec 1997
City planning full of inconsistencies
City planning full of inconsistenciesBy Edith Hartanto and Hyginus Hardoyo JAKARTA (JP): Life in Jakarta is a matter of survival.Besides being forced to struggle for everyday needs, including food and clothing, people have to be clever enough to choose strategic plots of land either for residences...
Wed, 24 Dec 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 23, 1997: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 700 50 12,500 AHAP Insurance 450 50 2,500 Alter Abadi 450 25 1,000 Alumindo Light Metal 225 -25...
Wed, 24 Dec 1997
Hemlines? It's the bottom line that counts in 1997
Hemlines? It's the bottom line that counts in 1997By Dini S. Djalal JAKARTA (JP): Devaluation, bankruptcies, layoffs and investor flight; it's a strange time to be talking about clothes.But for a microcosm of the economic crisis afflicting the nation, Indonesia's fashion industry is a perfect model.
Wed, 24 Dec 1997
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting Exhibition: Pameran Akbar Seni Lukis '97 by Yayasan Pembela Tanah Air (YAPETA) at Diamond room, President Hotel, Jl. MH. Thamrin, Central Jakarta, Dec. 24. * Painting Exhibition by I Made Djirna at Mon Decor Gallery, Jl. Gunung Sahari Raya No. 1, Blok B.
Wed, 24 Dec 1997
1997 a bad trip for drug sugglers and users
1997 a bad trip for drug sugglers and usersBy Christiani Tumelap JAKARTA (JP): At least 157 people -- including 24 foreigners -- have been arrested this year for their alleged role in drug smuggling, dealing or using in the city.
Wed, 24 Dec 1997
Singapore firm fined for bribery
Singapore firm fined for bribery SINGAPORE (AFP): Singapore conglomerate Keppel Corp has admitted giving bribes totaling S$8.53 million (US$5.33 million) to a manager in a British subsidiary of U.S. oil giant Exxon Corp., a report said yesterday.
Wed, 24 Dec 1997
Hoodlums targeted as city wipes its slate clean
Hoodlums targeted as city wipes its slate cleanBy Edith Hartanto JAKARTA (JP): Throughout 1997 the city administration has conducted 124 cleanup operations targeting illegal slum dwellers, hoodlums and "jockeys" (who hitch a ride for a fee so motorists can enter restricted traffic zones).
Wed, 24 Dec 1997
Students reject Soeharto's renomination
Students reject Soeharto's renomination JAKARTA (JP): Thousands of Gadjah Mada University students have rejected the renomination of President Soeharto for the 1998/2003 presidency.A total 7,940 students, or 82.
Wed, 24 Dec 1997
Touching message
Touching message I would like to comment on the recent colorful advertisement by the mobile phone maker NOKIA. This ad has appeared in The Jakarta Post a couple of times this week.For a product as mundane as a cellular phone but slightly curve-shaped for convenient handling, NOKIA has created a...
Wed, 24 Dec 1997
Making a small step
Making a small step If we look at this economic crisis, fundamentally it is about the rupiah's integrity as a currency. It only takes one rumor for the rupiah to take another dive. It is sitting on thin ice. Plainly said, people have lost their trust in the rupiah as a currency.
Wed, 24 Dec 1997
People 'to decide on Soeharto's renomination'
People 'to decide on Soeharto's renomination' BOGOR, West Java (JP): Golkar patron B.J. Habibie said yesterday only the people have a final say on whether incumbent President Soeharto should be renominated for another term of office next year.
Wed, 24 Dec 1997
Rupiah weakens as stock prices gain ground
Rupiah weakens as stock prices gain ground JAKARTA (JP): The rupiah weakened against the U.S. dollar yesterday as stock prices on the Jakarta Stock Exchange (JSX) rose 2.9 percent."Yesterday (Monday), the rupiah resisted regional weaknesses. But today (yesterday) it didn't.
Wed, 24 Dec 1997
Bali Golf and Country Club a unique setup
Bali Golf and Country Club a unique setupBy Lukman Natanagara NUSA DUA, Bali (JP): If you are looking for a place in Nusa Dua where you can play golf and stay a night or two in luxury within putting distance of the course, you would do well to try the Bali Golf and Country Club (BGCC).
Wed, 24 Dec 1997
Observing Christmas far from home's hearth
Observing Christmas far from home's hearthBy Lila Fitri Aly JAKARTA (JP): That humble soybean curd, tempeh, dressed up for Christmas dinner?!It is a vegetarian dish, along with gado-gado, which might turn up at the family gathering of Margaret Renault, head of AusAid at the Australian embassy.
Wed, 24 Dec 1997
Let us move back: Senen bag vendors
Let us move back: Senen bag vendors JAKARTA (JP): Fifty bag traders from Senen market in Central Jakarta who were recently moved to the market's second floor have asked the city to let them temporarily move back to the parking lot.
Wed, 24 Dec 1997
Ghanaian denies swallowing 39 heroin capsules
Ghanaian denies swallowing 39 heroin capsules JAKARTA (JP): A Ghanaian denied yesterday that he had swallowed 39 large capsules containing 450 grams of heroin as stated in a police dossier.The 24-year-old defendant, Kofi Frimpong, told Central Jakarta District Court he received a plastic bag from a...
Wed, 24 Dec 1997
Abortion: A legal issue we cannot ignore
Abortion: A legal issue we cannot ignoreBy Rebeka Harsono YOGYAKARTA (JP): The report that two private clinics in Jakarta have carried out more than 100 abortions has created a public outcry.Police are collecting more information from employees of the clinics which carried out the abortions and are...
Wed, 24 Dec 1997
RI crude exports higher than expected
RI crude exports higher than expected SINGAPORE (Reuters): Indonesian state oil company, Pertamina has substantially raised its official allocation of January crudes after initially offering very small volumes to affiliates and term customers, traders said yesterday.
Wed, 24 Dec 1997
Minister seeks RI palm oil investment stoppage
Minister seeks RI palm oil investment stoppage SINGAPORE (Reuters): Indonesian Environment Minister Sarwono Kusumaatmadja said on Tuesday he would propose a moratorium on new investments in the country's palm oil sector.
Wed, 24 Dec 1997
The medical and social aspects of abortion in Indonesia
The medical and social aspects of abortion in IndonesiaBy Mangku Sitepoe JAKARTA (JP): The recent discovery in Jakarta of 11 fetuses dumped as mere garbage has grabbed media headlines.These dead babies were not given a proper burial.
Wed, 24 Dec 1997
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) conversion rates on Dec. 23, 1997: Buying Selling Rp Rp U.S dollar 5,250.00 5,850.00Austrian shilling 421.40 483.50Australian dollar 3,567.20 3,825.00Belgian franc 147.40 160.40Canadian dollar 3,813.80 4,059.
Wed, 24 Dec 1997
TV programs
TV programsTodayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: Big Brother Jake 3:10 Indonesian Children 3:35 Talk Show: Kotak Pos 4:00 Regional News 4:30 Education Quiz: Cepat Tepat 5:10 TV Series: Road to Avonlea 5:55 Music 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved...
Wed, 24 Dec 1997
Spotlight
SpotlightPhoto A: CabbiesMercureGETTING TO KNOW YOU: General Manager of Mercure Rekso Hayam Wuruk Hotel, Tristan Beau De Lomenie, presents a hat and map to a taxi cab driver during a campaign to familiarize taxi drivers with the hotel.
Wed, 24 Dec 1997
Publishers' union accused PT Aspex of price markup
Publishers' union accused PT Aspex of price markup JAKARTA (JP): The Association of Indonesian Newspaper Publishers (SPS) accused newsprint producer PT Aspex yesterday of setting an excessive price as negotiations to review the price slid to a deadlock.
Wed, 24 Dec 1997
Talisman signs RI contract
Talisman signs RI contract CALGARY (Reuters): Canada's Talisman Energy Inc said on Monday it signed a production sharing contract with Indonesia covering that country's Madura offshore block, an area it said was on trend with several oil and gas discoveries.
Wed, 24 Dec 1997
Southeast Asia outlines measures to combat smog
Southeast Asia outlines measures to combat smog SINGAPORE (Agencies): Southeast Asian nations adopted a blueprint yesterday to prevent a recurrence of the haze that enveloped the region this year, but Indonesia cautioned that efforts could be hampered by economic problems.
Wed, 24 Dec 1997
Asia companies find credit hard to obtain
Asia companies find credit hard to obtain HONG KONG (Reuters): Asian companies are finding that bank letters of credit and other financing for commodities trade have become more costly and harder to obtain in the midst of the region's economic malaise.
Wed, 24 Dec 1997
Search teams hone in on SilkAir blackbox
Search teams hone in on SilkAir blackboxBy Budiman Moerdijat PALEMBANG, South Sumatra (JP): Search teams have narrowed down their search for the flight data and voice recorder, or black box, of the downed SilkAir Boeing 737-300 aircraft to an area along the Musi River estuary.
Wed, 24 Dec 1997
Medco Energy reports 14% increase in net profit
Medco Energy reports 14% increase in net profit JAKARTA (JP): Publicly listed oil and gas company PT Medco Energi Corp booked a net profit of Rp 34.4 billion (US$6.88 million) in the first nine months of this year, a 14.4 percent increase over the same period last year.
Wed, 24 Dec 1997
Norway, Denmark send aid to Irian Jaya
Norway, Denmark send aid to Irian Jaya JAKARTA: The Red Cross from Norway and Denmark has sent relief aid for starving people in Irian Jaya, in the form of compact food worth US$177,843 and $148,000 respectively, a Red Cross official said yesterday.
Wed, 24 Dec 1997
Trash cans in cars
Trash cans in carsFrom Surabaya PostDespite winning the Adipura award for cleanliness, Surabaya still has citizens who don't properly dispose of their waste.I often see car passengers throwing food containers out of their windows while passing through the downtown area.
Wed, 24 Dec 1997
Astra International tops list of best companies
Astra International tops list of best companies JAKARTA (JP): Publicly listed PT Astra International, for the third consecutive year, topped the overall-leadership list of companies in Indonesia, according to Far Eastern Economic Review weekly news magazine.
Wed, 24 Dec 1997
Six golds RI's likely Asiad haul: Siregar
Six golds RI's likely Asiad haul: Siregar JAKARTA (JP): Indonesia has a good chance of winning between four and six golds at the 13th Asian Games in Bangkok next December, sports observer Mangombar Ferdinand Siregar told reporters yesterday.
Wed, 24 Dec 1997
Foreign tourists enjoy local food
Foreign tourists enjoy local food SEMARANG, Central Java: At least 200 foreign tourists from Germany, France and Switzerland enjoyed Indonesian traditional food at the 1997 Indonesian Food Bazaar here yesterday.
Wed, 24 Dec 1997
More flights for Manado-Surabaya route
More flights for Manado-Surabaya route MANADO, North Sulawesi: The private Indonesian Mandala Airlines is offering additional flights for the Manado- Ujungpandang-Surabaya route until Dec. 24 to accommodate more passengers during the Christmas holiday.
Wed, 24 Dec 1997
Freeport's expansion plan to continue
Freeport's expansion plan to continue JAKARTA (JP): Mining company PT Freeport Indonesia announced yesterday that it had received approval from the state minister of environment for its regional Environmental Impact Analysis.
Wed, 24 Dec 1997
BI pursues openness: Governor
BI pursues openness: Governor JAKARTA (JP): The new team of Bank Indonesia directors will inject fresh blood into the central bank and promote open management, governor of the central bank J. Soedradjad Djiwandono said yesterday.
Wed, 24 Dec 1997
No cure for traffic headaches with transit project dormant
No cure for traffic headaches with transit project dormantBy Stevie Emilia JAKARTA (JP): Construction of two large-scale mass transportation projects -- a subway and a triple-tier transit system -- which are badly needed to reduce Jakarta's notorious traffic congestion, failed to be started this...
Wed, 24 Dec 1997
Where to pray this Christmas
Where to pray this Christmas JAKARTA (JP): The following is a list of a number of churches here which will hold midnight services tonight and Christmas services tomorrow. * Immanuel Church, Jl. Medan Merdeka Selatan, Central Jakarta (phone 3440747): Services at 5 p.m. (in English), on Dec.
Wed, 24 Dec 1997
Dharmindo dumps Indoprima
Dharmindo dumps Indoprima JAKARTA (JP): The extraordinary shareholders meeting of publicly listed PT Dharmindo Adhiduta of the Dharmala Group approved yesterday its sale of 12 million shares in PT Indoprima Alam Marmer Industri to PT Kuarindah Ekamaju Marmer and Tommy Sianto for Rp 7.
Wed, 24 Dec 1997
Six arrested with heroin
Six arrested with heroin JAKARTA (JP): Bekasi police arrested six men, including three college students, in Jatiwaringin district for allegedly possessing and using third-grade heroin early yesterday.Bekasi Police chief, Lt. Col.
Wed, 24 Dec 1997
Argo Muria train launched
Argo Muria train launched JAKARTA (JP): State-owned rail company Perumka launched Monday the Argo Muria, a new express passenger train that will shuttle between Jakarta and Semarang, Central Java, in just five hours and 15 minutes.
Wed, 24 Dec 1997
Six airlines certified
Six airlines certified JAKARTA (JP): Six chartered airlines have won the Air Operator Certificate from the Directorate General of Air Transportation.The six airlines, PT Air Pacific, PT Aneka Nuri, PT Bali Air, PT Intan Angkasa Air Service, PT Trans Air and PT Travia Utama, received the...