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Fri, 13 Feb 1998
800 job seekers demand redress
800 job seekers demand redress YOGYAKARTA: About 800 job seekers from Yogyakarta and Central Java plan to sue a labor supplier on charges of breaking an agreement to send them to Brunei.Their representatives sought legal help from the Yogyakarta chapter of the Indonesian Legal Aid Institute on...
Fri, 13 Feb 1998
Poverty, price hike prompt fishermen to riot
Poverty, price hike prompt fishermen to riotBy Haryoso REMBANG, Central Java (JP): Hundreds of fishermen and unemployed people went on a rampage near here two days before the Idul Fitri holiday last month, on learning that the price of kerosene had shot up from Rp 350 (5 U.S.
Fri, 13 Feb 1998
Bogor markets being moved out of CBD
Bogor markets being moved out of CBD BOGOR (JP): The mayoralty has started relocating some modern and traditional markets and warehouses to the city's outskirts in a bid to reduce downtown traffic congestion, an official said.
Fri, 13 Feb 1998
Malls cut rental rates
Malls cut rental rates JAKARTA (JP): Local retailers and mall managements agreed yesterday to set the U.S. dollar's exchange rate at between Rp 2,750 and Rp 3,500 for shop rents, Minister of Industry and Trade Tunky Ariwibowo has said.The rate will be effective indefinitely, Tunky said yesterday.
Fri, 13 Feb 1998
Bomb hoax at BSG building
Bomb hoax at BSG building JAKARTA (JP): The latest in a series of bomb hoaxes throughout the city prompted police to evacuate hundreds of office workers from Bina Surya Group (BSG) on Jl. Abdul Muis in Central Jakarta yesterday.The chief of Central Jakarta Police identification unit, First Lt.
Fri, 13 Feb 1998
Selling pressure pulls down Asian stocks
Selling pressure pulls down Asian stocks SINGAPORE (AFP): Asian stock markets were hit by selling pressure yesterday amid concerns over renewed weakness in regional currencies and Indonesia's plans to institute a pegged exchange-rate.The Indonesian stock market dipped 9.
Fri, 13 Feb 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on Feb. 12, 1998: Buying Selling Rp Rp U.S. dollar 1 6,000.00 9,000.00Austrian shilling 1 432.70 712.10Australian dollar 1 3,881.30 5,976.30Belgian franc 1 152.90 234.20Canadian dollar 1 3,990.
Fri, 13 Feb 1998
Monetary crisis the kiss of death for 7 nightspots
Monetary crisis the kiss of death for 7 nightspots JAKARTA (JP): At least seven nightspots in the city have closed down while dozens of others are on the brink of collapse due to sluggish business and soaring rental rates, a senior official said yesterday.
Fri, 13 Feb 1998
Trust needed to end anti-Chinese violence
Trust needed to end anti-Chinese violence Ethnic Chinese have continued to be targeted in riots in several towns in Indonesia and Juwono Sudarsono, chairman of the Agency for the Communication of Comprehension of National Unity, who is also vice governor of the military's National Resilience...
Fri, 13 Feb 1998
Cellular phone operators lose Rp 200b on bills
Cellular phone operators lose Rp 200b on bills JAKARTA (JP): Local cellular telephone operators have lost Rp 200 billion (US$26.66 million) due to unpaid customer bills, the Association of Cellular Telecommunication Indonesia (ATSI) said yesterday.
Fri, 13 Feb 1998
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, 13 Feb 1998
ABRI always serves the nation
ABRI always serves the nation On Feb. 11, 1998, I read a The Jakarta Post article which states that the military denies accusations of orchestrating unrest. It is customary that the first act of a person or organization when accused, is to deny it.
Fri, 13 Feb 1998
Credible fixed rate 'vital to CBS success'
Credible fixed rate 'vital to CBS success' JAKARTA (JP): The biggest questions Indonesia has to answer before adopting the currency board system (CBS) are at what fixed rate will the rupiah be pegged to the U.S.
Fri, 13 Feb 1998
Singapore details Indonesian LC support
Singapore details Indonesian LC support SINGAPORE (Reuters): Singapore has pledged a maximum of US$2.5 billion to underwrite an Indonesian trade finance guarantee facility, the Straits Times said on Thursday.
Fri, 13 Feb 1998
SEAG consortium suffers Rp 68b budget deficit
SEAG consortium suffers Rp 68b budget deficit JAKARTA (JP): The 19th SEA Games Consortium, the fund-raising body for the biennial event held in Jakarta last year, has suffered a Rp 68.1 billion (US$9.08 million) loss.
Fri, 13 Feb 1998
Asahi lowers production
Asahi lowers production TOKYO (Reuters): Asahi Glass Co. Ltd. said yesterday it had cut production of automobile glass at its Indonesian and Thai units by 50 percent from autumn last year.An Asahi Glass spokeswoman declined to give current output levels, but said the two units combined had enough...
Fri, 13 Feb 1998
Water scarcity in Malaysia
Water scarcity in Malaysia KUALA LUMPUR (Agencies): Malaysia's water supply is expected to dwindle in the next few months following a prolonged dry spell due to the El Nio weather phenomena, a minister was reported as saying yesterday.
Fri, 13 Feb 1998
Gift makers profit from fairs
Gift makers profit from fairs JAKARTA (JP): Indonesian gift and craft merchants have booked US$7.67 million in transactions at recent trade fairs in the United States and the United Kingdom.The National Agency for Export Development (NAFED) said yesterday 31 Indonesian companies participated in the...
Fri, 13 Feb 1998
SE Asia told to deal with IMF together
SE Asia told to deal with IMF together MANILA (AFP): Crisis-hit Southeast Asian economies should deal with the International Monetary Fund (IMF) collectively to ease stringent loan conditions as they battle the regional financial turmoil, the newly appointed Philippine finance chief said yesterday.
Fri, 13 Feb 1998
Soeharto wants ABRI to get tough
Soeharto wants ABRI to get tough JAKARTA (JP): President Soeharto ordered the Armed Forces (ABRI) yesterday to take tough measures against any unconstitutional attempts by irresponsible people to damage the nation's unity.
Fri, 13 Feb 1998
Diplomatic rearguard
Diplomatic rearguardFrom MerdekaThe efficiency driven cuts in the number of diplomats in all Indonesia's overseas missions is a justifiable action. However, during this time of reform, discussion of the criteria for appointing ambassadors has been noticeably absent.
Fri, 13 Feb 1998
Bridgestone cuts RI output
Bridgestone cuts RI output TOKYO (Reuters): Bridgestone Corp. said yesterday it had cut tire output at its Thai and Indonesian units but increased exports from those units to other Southeast Asian countries.
Fri, 13 Feb 1998
Sugar and flour owners detained
Sugar and flour owners detained PURWOREJO, Central Java: Police have discovered a stockpile of 200 tons of sugar and 40 tons of wheat flour here.Purworejo police chief Lt. Col. Iman Yuwono said Wednesday authorities have questioned the owners of the goods identified as Herman Susanto and Budi...
Fri, 13 Feb 1998
Foreign-funded projects to be labor-intensive
Foreign-funded projects to be labor-intensive JAKARTA (JP): State Minister of National Development Planning Ginandjar Kartasasmita said yesterday that most foreign-funded projects in the 1998/199 fiscal year would be designed to help cope with the unemployment problems caused by the economic crisis.
Fri, 13 Feb 1998
Health centers maintain rates
Health centers maintain rates JAKARTA (JP): Community health centers (Puskesmas) in the city have announced that they will not raise their tariffs so that people, especially the poor, continue to get cheap medical treatment, a city councilor said yesterday.
Fri, 13 Feb 1998
INSA calls for change in lubricant trading
INSA calls for change in lubricant trading JAKARTA (JP): The Indonesian Shipowners Association (INSA) called on state oil and gas company Pertamina yesterday to change its lubricant trading system to ensure a continuous supply to association members.
Fri, 13 Feb 1998
Hotel Gran Mahakam opens
Hotel Gran Mahakam opens JAKARTA (JP): Hotel Gran Mahakam, located on Jl. Mahakam I near Blok M mall in South Jakarta, is scheduled to start operation tomorrow, its spokeswoman said in a statement yesterday.
Fri, 13 Feb 1998
Habibie or Harmoko
Habibie or Harmoko Golkar has finally played its cards in the vice presidential election game. The ruling political group has named its own chairman Harmoko and State Minister of Research and Technology B.J. Habibie as its chosen candidates for vice president in next month's election.
Thu, 12 Feb 1998
Where to go in Bali:
Where to go in Bali:Music and entertainment * Ramada Bintang Bali, Kuta: - La Brasserie Cafe Restaurant: Crosstil Quatro, daily. - Alun-alun Lounge: The Heart Beat Band, nightly except on Thursday, 8:30 p.m. to 12:30 a.m. - Poolside Open Theater: Tek-Tekan Dance, Saturday.
Thu, 12 Feb 1998
Memories eatery to close down
Memories eatery to close down JAKARTA (JP): Memories restaurant will serve up its final meals on Valentine's Day this Saturday, its manager said Tuesday.Klaas Kemp said the eatery serving predominantly Dutch cuisine was unable to continue operating due to the economic crisis.
Thu, 12 Feb 1998
Lee Kuan Yew's comment
Lee Kuan Yew's comment Singapore Senior Minister Lee Kuan Yew has offered his view of the monetary crisis currently hitting Asia. In his comment, published in the Feb. 8 edition of the Sunday Times newspaper, Lee said the crisis engulfing Asia at present tended to be viewed (by the region)...
Thu, 12 Feb 1998
Misconduct must be eliminated: Scholar
Misconduct must be eliminated: Scholar JAKARTA (JP): The rampant misconduct in the political elite should be wiped out if Indonesia wants to survive the current economic crisis, a respected scholar said yesterday.
Thu, 12 Feb 1998
Asian markets look to stronger Wall Street
Asian markets look to stronger Wall Street SINGAPORE (AFP): Asian markets were looking yesterday towards moves by Indonesia to institute a currency board to better regulate trade in the beleaguered rupiah after a stronger Wall Street sparked early rises and profit-taking, dealers said.
Thu, 12 Feb 1998
Myanmar to create new middle class
Myanmar to create new middle class YANGON (Reuters): Myanmar's ruling military junta aims to create a new middle class in the country which is vital for economic revival and for democracy to flourish in coming years, a government spokesman said yesterday.
Thu, 12 Feb 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb.11, 1998: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 700 0 0 AHAP Insurance 350 0 0 Alter Abadi 550 -75 128,500 Alumindo Light Metal 400 0 543,000 Alumindo...
Thu, 12 Feb 1998
Alleged robber shot dead
Alleged robber shot dead JAKARTA (JP): An alleged robber was shot dead in Central Jakarta early yesterday morning after resisting arrest, city police spokesman Lt. Col. E. Aritonang said.He said the suspect, identified as Hidayatulah, alias Pedrik, was a notorious hoodlum who used to hang out...
Thu, 12 Feb 1998
National leader candidate
National leader candidateFrom MerdekaNewspaper reports over the past month have speculated on the identity of the next vice president. Some of the opinions expressed by various leading figures regarding one of the candidates, Pak Habibie, have angered me.
Thu, 12 Feb 1998
World press photo expo opens today
World press photo expo opens today JAKARTA (JP): The annual 1997 World Press Photo Exhibition is to open today at Erasmus Huis on Jl. H.R. Rasuna Said, South Jakarta, and continue until Feb. 22.The Royal Netherlands Embassy announced yesterday that the traveling exhibition would display winning...
Thu, 12 Feb 1998
Soeharto warns of plot to ruin economy
Soeharto warns of plot to ruin economy SUBANG, West Java (JP): President Soeharto warned the nation yesterday against groups plotting to destroy the country's economy by engineering a dramatic fall in the rupiah against the US dollar.
Thu, 12 Feb 1998
New gasoline launched
New gasoline launched JAKARTA (JP): Elnusa Petrofin, a subsidiary of state oil and gas company Pertamina, has introduced a new unleaded gasoline for motorbikes.The product, called Bensin Biru 2 Langkah, was launched Tuesday by the head of Pertamina's marketing and provision unit for Jakarta and...
Thu, 12 Feb 1998
Hotel serves up Valentine's treats
Hotel serves up Valentine's treats JAKARTA (JP): Sweethearts can celebrate this Valentine's Day with dinner promotions at restaurants of the Mandarin Oriental Jakarta, the hotel's public relation officer said yesterday.
Thu, 12 Feb 1998
Cool reception for media mergers idea
Cool reception for media mergers idea JAKARTA (JP): Minister of Tourism, Post and Telecommunications Joop Ave has proposed financially troubled media companies should merge to survive the worsening economic crisis.
Thu, 12 Feb 1998
Departure tax burdensome
Departure tax burdensome We are foreign investors who have had to stay in Jakarta to monitor our new investment. I believe that our business here is genuine and within Indonesian government guidelines.There are plenty of capable people in Indonesia who will eventually be able to take charge of the...
Thu, 12 Feb 1998
Holland to set up trade facility for RI firms
Holland to set up trade facility for RI firms JAKARTA (JP): Deputy Prime Minister of the Netherlands Hans van Mierlo said here yesterday the Dutch government planned to establish a trade facility to guarantee Indonesian imports.
Thu, 12 Feb 1998
Where to go in Surabaya:
Where to go in Surabaya:Music and Entertainment * Radisson Plaza Suite Hotel, at Plaza Boulevard, Jl. Pemuda 31- 37: - Kartini's Restaurant: Chinese Food Festival, 6:30 p.m. to 10:30 p.m., Electone Player, daily. Tanira Band, Friday, Saturday. - Cafe Taman: Tanira Band, daily at 7 p.m. to 10 p.m.
Thu, 12 Feb 1998
Amount of dollar deposit lessening
Amount of dollar deposit lesseningFrom Bisnis IndonesiaOn Nov. 5, 1997, I deposited US$10,000 at Bank BNI Senayan Branch, Jakarta, for a three-month term. On Feb. 5, 1998, upon the maturity of the deposit, I became puzzled when I was told that I could not withdraw the deposit because the bank had...
Thu, 12 Feb 1998
Students protest basic commodity price hikes
Students protest basic commodity price hikes JAKARTA (JP): College students in North Sumatra and Central Sulawesi staged massive demonstrations yesterday demanding the government do more to bring down prices of basic goods.
Thu, 12 Feb 1998
Stocks fall 5.81% on profit taking
Stocks fall 5.81% on profit taking JAKARTA (JP): The main Jakarta Stock Exchange (JSX) index fell 5.81 percent yesterday due to a combination of mounting fears over sporadic riots and profit taking on several blue chip stocks.The JSX Composite Index plunged sharply lower by 30.09 points to 487.
Thu, 12 Feb 1998
Four rob Nigerian of cash, camera
Four rob Nigerian of cash, camera JAKARTA (JP): City police are searching for three men and a woman who robbed a Nigerian national at his house on Jl. Sunter Muara Indah in North Jakarta on Tuesday evening, an officer said yesterday.City police spokesman Lt. Col. E.
Thu, 12 Feb 1998
Yogya women run out of sanitary napkins
Yogya women run out of sanitary napkins YOGYAKARTA (JP): Women here have added another item to their worry list of things running short in this economic crisis: sanitary napkins.Some women have complained they cannot find the feminine napkins anywhere in the city.