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Tue, 23 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, until Dec. 24. * Painting Exhibition by I Made Djirna at Mon Decor Gallery, Jl. Gunung Sahari Raya No.
Tue, 23 Dec 1997
Moody's downgrades four country
Moody's downgrades four country HONG KONG (AFP): Moody's Investors Service said yesterday it had downgraded the foreign currency credit ratings of Indonesia, Malaysia, South Korea and Thailand in a fresh blow to the struggling Asian economies.
Tue, 23 Dec 1997
Bakrie & Brothers delays $2b in projects
Bakrie & Brothers delays $2b in projects JAKARTA (JP): Publicly listed PT Bakrie & Brothers, one of Bakrie Group's three holding companies, said yesterday the country's financial turmoil had prompted the company to delay or review expansion projects worth US$2 billion.
Tue, 23 Dec 1997
Rescue workers search for clues to crash
Rescue workers search for clues to crashBy Budiman Moerdijat PALEMBANG, South Sumatra (JP): Indonesian and Singaporean minesweepers began combing the waters around the Musi River estuary yesterday in an attempt to locate the main fuselage of the SilkAir plane which crashed Friday.Col.
Tue, 23 Dec 1997
The President's dedication
The President's dedication The economy of Indonesia is in a free-fall. Each day more and more Indonesians lose their jobs. Each day essential commodity prices go higher and higher while the rupiah drops lower and lower.
Tue, 23 Dec 1997
S. Korea cancels gas deals with RI
S. Korea cancels gas deals with RI NICOSIA (Reuters): South Korea's economic crisis has forced Korea Gas Corp (KOGAS) to cancel gas supply deals from the United Arab Emirates and Indonesia, the Middle East Economic Survey (MEES) newsletter reported yesterday.
Tue, 23 Dec 1997
Governor Palaguna wins another term
Governor Palaguna wins another term UJUNGPANDANG, South Sulawesi: Incumbent Maj. Gen. (ret) H.Z.B. Palaguna won the majority of votes in the governor election at the provincial legislative council here yesterday.
Tue, 23 Dec 1997
Rupiah and stock prices gain ground
Rupiah and stock prices gain ground JAKARTA (JP): The rupiah and stock prices gained ground in thin trading yesterday, with most investors on the sidelines.Currency dealers said the spot rupiah ended at 5,050/5,250 at the close yesterday against an opening of 5,150/5,250 in the morning session.
Tue, 23 Dec 1997
Experts join call for greater govt transparency
Experts join call for greater govt transparency JAKARTA (JP): The government is bracing itself for the New Year with mounting pressure for greater transparency in tackling the economic crisis.Jusuf Wanandi, Johanes Kristiadi and Mari Pangestu, all from the Centre for Strategic and International...
Tue, 23 Dec 1997
A night with Kris
A night with Kris JAKARTA (JP): Pop singer-cum-model Kris Dayanti will perform at Fashion Cafe on Thursday, singing her hits and giving a sneak preview of her next album which will be launched next year.Kris will be accompanied by the Audiensi Band.
Tue, 23 Dec 1997
Navy cadets sail to Australia
Navy cadets sail to Australia SURABAYA, East Java: Eighty cadets of the Navy Academy (AAL) were farewelled by AAL Governor Maj. Gen. Sudarsono Kasdi for a sailing trip to Australia aboard the K.M. Dewa Ruci training ship in a program called "Kartika Jala Krida 1998" in a ceremony here Sunday.
Tue, 23 Dec 1997
Fewer Indonesians study in Germany
Fewer Indonesians study in Germany SEMARANG, Central Java: Fewer Indonesian students are studying in Germany, causing concern on the part of the German government, State Minister of Research and Technology B.J. Habibie said here Saturday.
Tue, 23 Dec 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 22, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 650 0 0 AHAP Insurance 400 0 0 Alter Abadi 425 25 2,000 Alumindo Light Metal 250 50 2,516,500 Alumindo...
Mon, 22 Dec 1997
Preventing osteoporosis can be cheaper: Expert
Preventing osteoporosis can be cheaper: Expert YOGYAKARTA (JP): A health expert says women can prevent osteoporosis in ways cheaper than consuming the widely advertised calcium-rich milk products.Ahmad Husain Asdie, a professor at the Gadjah Mada University's School of Medicine, was commenting on...
Mon, 22 Dec 1997
ISO 90O2 for Astra Graphia
ISO 90O2 for Astra Graphia JAKARTA (JP): Document services business group PT Astra Graphia has gained ISO 9002 certification from Lloyd's Register Quality Assurance.Astra received the certification from the accreditation institution last Thursday.
Mon, 22 Dec 1997
Kaimoeddin extends tenure as governor
Kaimoeddin extends tenure as governor KENDARI, Southeast Sulawesi: President Soeharto has approved the extension of the tenure of the incumbent Governor of Southeast Sulawesi La Ode Kaimoeddin for another five years.
Mon, 22 Dec 1997
Search efforts bear little fruit
Search efforts bear little fruit JAKARTA (JP): A minesweeper and sonar equipment will be used today to search for the submerged fuselage of the SilkAir airplane which crashed in South Sumatra, after efforts by divers over the weekend only recovered body parts and fragments from the wreckage.
Mon, 22 Dec 1997
Penney's failure blamed on inept concept
Penney's failure blamed on inept concept JAKARTA (JP): The failure of American high-end retail chain JC Penney in Indonesia was caused by an unsuitable marketing concept rather than the country's monetary crisis, an observer said.
Mon, 22 Dec 1997
Team established to probe property mismanagement
Team established to probe property mismanagement JAKARTA (JP): The city municipality in cooperation with the National Land Agency has set up a special team to probe malfeasance that has led to the "disappearance" of several city properties, according to an official.
Mon, 22 Dec 1997
Tutut may get 'more important' position than VP, says scholar
Tutut may get 'more important' position than VP, says scholar JAKARTA (JP): Golkar leader Siti Hardiyanti Rukmana might have refused some people's motion to nominate her for the vice presidency, but it is likely she will gain a politically more important position, a scholar says.
Mon, 22 Dec 1997
Gold prices ease in line with rupiah's trend
Gold prices ease in line with rupiah's trend JAKARTA (JP): Gold prices eased over the weekend after reaching a high of Rp 47,000 per gram on Wednesday as most people sold their gold to profit in the bullish market.
Mon, 22 Dec 1997
Tourism academy graduates 2,041
Tourism academy graduates 2,041 JAKARTA (JP): The privately run Trisakti Tourism Academy graduated 2,041 of its students in a ceremony Saturday at the Jakarta Convention Center.Bambang Sumarsono, coordinator of the academy, said in a statement that almost 60 percent of graduates have already been...
Mon, 22 Dec 1997
Garuda operates 55 extra flights during holidays
Garuda operates 55 extra flights during holidays JAKARTA (JP): National air carrier Garuda Indonesia will operate 55 extra flights from Jakarta to three overseas and five domestic destinations to anticipate an increase in passengers during the Christmas and New Year's holidays.
Mon, 22 Dec 1997
Residents destroy, burn food stalls
Residents destroy, burn food stalls TANGERANG (JP): About 300 angry residents of Pondok Jaya in Pondok Aren damaged and burned over the weekend a number of food stalls which they believed to have been used for prostitution and selling alcohol.
Mon, 22 Dec 1997
Ronny wins Star Mild drag race
Ronny wins Star Mild drag race JAKARTA (JP): Ronny Hermawan won the FFA category of the Star Mild drag race at the Senayan East parking lot early yesterday.Ronny clocked 7.630 seconds and was followed by Herry Agung with a time of 8.350 seconds and Pratikto Singgih in 8.730 seconds.
Mon, 22 Dec 1997
PNG to purchase arms from RI
PNG to purchase arms from RI KUPANG, East Nusa Tenggara: Indonesian Armed Forces Commander Gen. Feisal Tanjung said here Saturday that Papua New Guinea (PNG) is planning to purchase arms from Indonesia.
Mon, 22 Dec 1997
RP to beef up coast security
RP to beef up coast security MANILA (AFP): The Philippines is adding more vessels and patrol boats to beef up security along its coasts, a presidential palace statement said yesterday.Some 14 vessels worth US$39.
Mon, 22 Dec 1997
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Cartoon Film: The Big Valley 3:10 TV Drama: Ratna 3:35 Belief in God the Almighty 4:00 Regional News 4:30 Health Program: Kesehatan Keluarga 5:00 Indonesian Lessons 5:25 Variety Show 5:30 Documentary Film 6:00 News: Lintasan Berita 6:05...
Mon, 22 Dec 1997
Freeport has option to acquire Iriana Mutiara
Freeport has option to acquire Iriana Mutiara NEW ORLEANS (Reuters): Freeport-McMoRan Copper & Gold Inc said Friday it has a letter of intent with the owners of PT Iriana Mutiara Mining providing Freeport with an option to acquire a 90- percent ownership interest in the Indonesian company, which...
Mon, 22 Dec 1997
Teacher tried for smoking marijuana
Teacher tried for smoking marijuana JAKARTA (JP): A female gymnastics teacher was indicted Friday at Central Jakarta District Court for smoking and possessing a small amount of dried marijuana.Prosecutor DP. Siahaan said Wanda, 41, was arrested in a taxi on Jl.
Mon, 22 Dec 1997
Childrens Choir at Plaza Indonesia
Childrens Choir at Plaza Indonesia JAKARTA (JP): The Indonesian Childrens Choir is to hold a two- day performance at Lamoda Cafe in Plaza Indonesia, Central Jakarta next week, according to Nama Communications.
Mon, 22 Dec 1997
Houses destroyed by strong winds
Houses destroyed by strong winds BANDUNG, West Java: Strong winds have destroyed dozens of houses, felled hundreds of trees and cut electrical power, disrupting work in a number of industries, Antara reported.
Mon, 22 Dec 1997
Sumantri survives hard life by her own devices
Sumantri survives hard life by her own devicesBy Indrawati The nation celebrates Women's Day today. Far from heated debates over how much progress women have actually made toward equality, an elderly masseuse in the elite residential area of Menteng in Central Jakarta, tells how she has managed her...
Mon, 22 Dec 1997
Christmas spirit at City Hall
Christmas spirit at City Hall JAKARTA (JP): The City Administration has celebrated Christmas at City Hall for its Christian employees.The event was attended Saturday by thousands of employees from the city's five mayoralties.
Mon, 22 Dec 1997
Ministers to talk about smog problem
Ministers to talk about smog problem SINGAPORE (Reuters): ASEAN environment ministers will meet in Singapore this week to discuss the smog that covered much of Southeast Asia from August through October, Singapore said yesterday.
Mon, 22 Dec 1997
Foreign exchange speculators
Foreign exchange speculatorsFrom Media IndonesiaThe fact that the value of the rupiah has been easily influenced by noneconomic issues serves only to confirm that the U.S. dollar money market is very much controlled by foreign exchange speculators.
Mon, 22 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, until Dec. 24. * Painting Exhibition by I Made Djirna at Mon Decor Gallery, Jl. Gunung Sahari Raya No.
Mon, 22 Dec 1997
Newcrest spends US$40.4m for exploration
Newcrest spends US$40.4m for exploration JAKARTA (JP): The Indonesian subsidiaries of Australia's Newcrest Mining Ltd. has spent US$40.4 million to survey and explore gold resources across the country, a company official said over the weekend.
Mon, 22 Dec 1997
Torajans pray for Soeharto
Torajans pray for Soeharto UJUNGPANDANG, South Sulawesi: About 10,000 members of the Toraja ethnic group have held an early Christmas celebration, which they marked with a prayer for President Soeharto's health.Antara reported that Reverend A.J.
Mon, 22 Dec 1997
THAI to delay privatization
THAI to delay privatization BANGKOK (AFP): Thai Airways International (THAI) executives want to delay the privatization slated for next June even though it is a condition of Thailand's IMF bailout, the Bangkok Post reported Saturday.
Mon, 22 Dec 1997
Harmoko calls for modest lifestyle during crisis
Harmoko calls for modest lifestyle during crisis JAKARTA (JP): Golkar chairman Harmoko again called for public austerity to cope with the monetary crisis, saying that to do so would be an act of nationalism.
Mon, 22 Dec 1997
Thai rice exports boom
Thai rice exports boom BANGKOK (AFP): Thailand is expecting rice exports next year to reach record levels because of poor weather in other producing countries and the weakening baht, reports said Saturday.
Mon, 22 Dec 1997
Altruism, charity alone will not eradicate poverty
Altruism, charity alone will not eradicate poverty JAKARTA (JP): Altruism and charity, as taught by religions, do not eradicate poverty and social disparity. They ease the pain but often fail to touch the source, a scholar said.
Mon, 22 Dec 1997
Pipeline seen ruining forest
Pipeline seen ruining forest BANGKOK (AFP): A crowd of 100 Thai protesters began yesterday a sit-in protest in some of the country's few remaining areas of virgin forest threatened by a pipeline planned to bring natural gas from Myanmar, an environmentalist said.
Mon, 22 Dec 1997
Vietnam scheduled to discuss reforms
Vietnam scheduled to discuss reforms HANOI (AFP): The Central Committee of Vietnam's ruling Communist Party will hold a key plenum this week to discuss two crucial topics: economic reforms and the question of succession of party chief.
Mon, 22 Dec 1997
Friends say Kasino was life of the party
Friends say Kasino was life of the party JAKARTA (JP): Friends who said a final goodbye Friday to comedian Kasino Hadiwibowo remembered that the laughs never stopped when he was around.Kasino, 47, died Thursday night at the Cipto Mangunkusumo Hospital (RSCM) from brain cancer.
Mon, 22 Dec 1997
IMF warns Asian crisis could deepen further
IMF warns Asian crisis could deepen further WASHINGTON (Agencies): The financial crisis in Asia could deepen and spread in the months ahead, the International Monetary Fund (IMF) warned on Saturday in a report urging developing countries to brace against the economic fallout.
Mon, 22 Dec 1997
Married couple found dead in car in their home
Married couple found dead in car in their home JAKARTA (JP): A man and his wife were found dead in the back seat of their BMW sedan parked inside the garage of their West Jakarta home Saturday morning.A West Jakarta police officer said that the couple -- Anwar Talib, 37, and Sriyati, 31 -- had died...
Mon, 22 Dec 1997
Pasaraya Manggarai expanded to 10 stories
Pasaraya Manggarai expanded to 10 stories JAKARTA (JP): Retail company ALatieF Corp has targeted a sales growth of 50 percent at its newly renovated Pasaraya Manggarai shopping center in South Jakarta next year, company president Usman Ja'far said Saturday.
Mon, 22 Dec 1997
JSX seen to remain bearish due to lack of incentives
JSX seen to remain bearish due to lack of incentives JAKARTA (JP): Trading on the Jakarta Stock Exchange (JSX) is expected to remain bearish this week due to a lack of new buying incentives.The gloomy outlook in the region's markets, combined with the negative prospect of the rupiah, would continue...