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Wed, 10 Feb 1999
RI economic program 'gains foreign support'
RI economic program 'gains foreign support' JAKARTA (JP): Minister of Cooperatives and Small Enterprises Adi Sasono said on Tuesday that his widely criticized people's economy program had gained backing from Indonesia's foreign donors.
Wed, 10 Feb 1999
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 9, 1999: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 350 0 0 AHAP Insurance 400 0 0 Alter Abadi 275 0 0 Alumindo Light Metal 300 75 1,125,000 Alumindo Perkasa...
Wed, 10 Feb 1999
Asian currencies mixed but may weaken in the future
Asian currencies mixed but may weaken in the future SINGAPORE (Dow Jones): Southeast Asian currencies are mixed to mostly steady late Tuesday, reflecting some of the stability of major currencies.The Singapore dollar, Thai baht and Philippine peso are slightly weaker against the U.S.
Wed, 10 Feb 1999
Crisis fails to snuff out smoking in Indonesia
Crisis fails to snuff out smoking in Indonesia JAKARTA (JP): The country's worst economic crisis of the last 30 years is not impacting on high local demand for cigarettes, with many smokers opting to switch to cheaper brands, a cigarette company executive said on Tuesday.
Wed, 10 Feb 1999
Witnesses failed to appear at Jakarta Military Tribunal
Witnesses failed to appear at Jakarta Military Tribunal JAKARTA (JP): Witnesses failed to appear on Tuesday in the court-martial of 11 Army Special Forces (Kopassus) soldiers charged with kidnapping political activists in the last months of Soeharto's rule.
Wed, 10 Feb 1999
280 missing in boat accident
280 missing in boat accident PONTIANAK, West Kalimantan: Two hundred eighty of 300 passengers and crew are listed as missing after a boat sank on Sunday in waters off Sambas regency.Antara reported on Tuesday the KM Hanaka sank about 90 kilometers off Pengikih island.
Wed, 10 Feb 1999
Another taxi thief beaten to death by mob
Another taxi thief beaten to death by mob JAKARTA (JP): Angry Kembangan residents in West Jakarta savagely attacked two youths caught red-handed attempting to steal a taxi late Monday.One of them, identified as Nanang Amanda, 20, died on the way to the hospital with severe head wounds inflicted by...
Wed, 10 Feb 1999
Anyone for village chief?
Anyone for village chief? YOGYAKARTA: Posts of village head in Bantul regency here are up for grabs after many recent resignations. They came in the wake of hundreds of residents demanding their village chiefs step down because of various charges of wrongdoing.
Wed, 10 Feb 1999
Death toll in Maluku riots rises to 105
Death toll in Maluku riots rises to 105 JAKARTA (JP): Police announced the death toll in recent communal clashes in Ambon and other areas in Maluku province has risen to 105, Antara reported late Monday.The news agency quoted Maluku Police spokesman Maj. Jekriel P.H.
Wed, 10 Feb 1999
Thailand withdraws from world rubber group INRO
Thailand withdraws from world rubber group INRO BANGKOK (Reuters): Thailand, the world's largest natural rubber producer and exporter, decided on Tuesday to withdraw from the global price pact, the International Natural Rubber Organization (INRO).
Wed, 10 Feb 1999
'King Lear' with an Asian touch
'King Lear' with an Asian touchBy Oei Eng Goan JAKARTA (JP): William Shakespeare displays human nature in all its astonishing variety in his 37 tragedies and comedies. The accessibility of his stories and their universally relevant moral values has lead to his works being performed in various...
Wed, 10 Feb 1999
CIC placed in Category A
CIC placed in Category A JAKARTA (JP): Publicly-listed Bank Century Intervest Corporation (CIC) falls into Category "A" under the government's banking restructuring program, the bank has said."Category "A" status gives us the ability to make the most of the current situation," CIC president Robert...
Wed, 10 Feb 1999
Press reminded of its obligations
Press reminded of its obligations JAKARTA (JP): President B.J. Habibie warned the national press on Tuesday not to abuse its freedom by libeling, running agitating reports or those serving to further its ambitions.
Wed, 10 Feb 1999
Forestry fund audit set to wind up by June
Forestry fund audit set to wind up by June JAKARTA (JP): International auditors are expected to complete audits of reforestation funds and forest royalties before the June general election, a senior World Bank official said on Tuesday.
Wed, 10 Feb 1999
Local migrants recall bitter memories in 'sweet' Ambon
Local migrants recall bitter memories in 'sweet' AmbonBy Jupriadi UJUNGPANDANG (JP): After the large-scale riots that struck Ambon, thousands of migrants fled the provincial capital of Maluku, returning to their hometowns.
Wed, 10 Feb 1999
Supreme Court's ruling on Dharmala upsets experts
Supreme Court's ruling on Dharmala upsets experts JAKARTA (JP): An insolvency expert and financial analysts deplored on Tuesday the Indonesian Supreme Court's latest verdict which rejected a bankruptcy appeal by the International Finance Corporation and other creditors against PT Dharmala Agrifood.
Wed, 10 Feb 1999
Sizzler... oh Sizzler...
Sizzler... oh Sizzler... On Jan. 27, we went to the Sizzler restaurant on Jl. Thamrin, which was our favorite place to dine in the city. It looked like we were the first guests. When I walked towards the salad bar, I noticed that most of the food displayed that day was not fresh, and obviously was...
Wed, 10 Feb 1999
KONI disburses IOC scholarships
KONI disburses IOC scholarships JAKARTA (JP): The National Sports Council (KONI) presented on Tuesday International Olympic Committee (IOC)-sponsored scholarships to three badminton players.Men's doubles specialist Candra Wijaya, his female counterpart Deyana Lomban and rising men's singles star...
Wed, 10 Feb 1999
RI clarifies stance on East Timor
RI clarifies stance on East TimorBy Razak Imanuddin NEW YORK (JP): Minister of Foreign Affairs Ali Alatas said on Monday Indonesia wanted a method other than a popular vote to gauge the opinion of East Timorese on the offer of wide-ranging autonomy as the final solution to the disputed territory.
Wed, 10 Feb 1999
Freedom for E. Timor: Wrong offer at wrong time
Freedom for E. Timor: Wrong offer at wrong time Indonesia's sudden shift of stance on East Timor has created a political earthquake. Political analyst J. Soedjati Djiwandono fears that it is an attempt to divert the people's attention from the government's failure to address the current crisis.
Wed, 10 Feb 1999
Flood evacuees seek medical help
Flood evacuees seek medical help UJUNGPANDANG, South Sulawesi: Some of the several thousand evacuees taking shelter following a storm here have started to seek medical help at local hospitals, complaining of respiratory difficulties and diarrhea.
Wed, 10 Feb 1999
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Feb. 9, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,850.00 8,950.00 8,850.00 9,000.00Australian dollar 1 5,702.50 5,842.50 5,605.00 5,905.00Austrian schilling 1 724.57 739.72 - -Belgian franc 1 247.16 252.
Wed, 10 Feb 1999
Island readied for Timor refugees
Island readied for Timor refugees JAKARTA: Wetar, an island several kilometers north of East Timor, is being prepared as a transmigration site in anticipation of an exodus from the troubled province, transmigration minister AM Hendropriyono said here on Tuesday.
Wed, 10 Feb 1999
Asiad veterans must qualify for SEAG
Asiad veterans must qualify for SEAG JAKARTA (JP): Asian Games veterans must win at the Golden Gloves national boxing championships at the end of March to qualify for the training program for the 20th Southeast Asian Games, a coach said on Tuesday.
Wed, 10 Feb 1999
Four die of malnutrition
Four die of malnutrition SURABAYA: Four elderly villagers of Ponorogo regency have died of malnutrition, the East Java governor announced on Tuesday.Imam Utomo was referring to residents of Tricing Desa Dayakan hamlet in Badengan district.
Wed, 10 Feb 1999
Indo-U.S. relations
Indo-U.S. relations There can be no meaningful improvement in Indo-U.S. relations without the U.S. accepting India as an equal and a country free to develop its nuclear arsenal and an effective global delivery system in keeping with its threat perceptions. It is not enough to claim that the U.S.
Wed, 10 Feb 1999
Carrascalao at IABC luncheon
Carrascalao at IABC luncheon JAKARTA (JP): Former East Timor governor Mario Viegas Carrascalao will be guest speaker at the Indonesia-Australia Business Council (IABC) luncheon here on Friday.IABC board said Carrascalao, who served as Indonesian ambassador to Rumania, will address the topic of "The...
Wed, 10 Feb 1999
Thai gets $600m from ADB
Thai gets $600m from ADB BANGKOK (AP): Thailand has signed an initial agreement with the Asian Development Bank for a US$600 million loan to help the country's ailing agricultural sector, an ADB senior official said Tuesday.
Wed, 10 Feb 1999
Armed Forces must go back to basics
Armed Forces must go back to basics Too many tragic incidents have occurred in Indonesia during the past few years. These have taken place in Tanjung Priok, Lampung, Dili, Irian Jaya and Medan. In 1996 there was the July 27 incident.
Wed, 10 Feb 1999
Plugging budget hole
Plugging budget hole Securing the state budget is becoming more difficult at a time when public spending has become the only locomotive expected to fuel economic activities and offset the brunt of last year's 14 percent contraction in the economy.
Wed, 10 Feb 1999
Vietnam allocates $20m on Y2K bug
Vietnam allocates $20m on Y2K bug HANOI (AFP): Vietnam expects to spend between US$10 and 20 million to forestall the "Y2K bug", an official from the Ministry of Science, Technology and Environment said on Tuesday.
Wed, 10 Feb 1999
Neglect faulted in Philippine floods
Neglect faulted in Philippine floods BUTUAN, Philippines (Reuters): Philippines officials on Tuesday blamed years of environmental neglect for floods that killed 23 people and left a trail of devastation on southern Mindanao island.
Wed, 10 Feb 1999
Mahathir points to RI disparity
Mahathir points to RI disparity SINGAPORE (Reuters): Malaysian Prime Minister Mahathir Mohamad said there was no comparison between the economic situation in Indonesia and his country.Mahathir said Malaysia did not have the same scale of overseas debts as Indonesia and his country had ensured that...
Wed, 10 Feb 1999
Rio Tinto, Unmul cooperate
Rio Tinto, Unmul cooperate JAKARTA (JP): Anglo-Australian mining company Rio Tinto's foundation signed on Monday a memorandum of understanding (MOU) with East Kalimantan's Mulawarman University (Unmul) to cooperate in a community development program in East Kalimantan.
Wed, 10 Feb 1999
WB approves the release of US$400m loan to Indonesia
WB approves the release of US$400m loan to Indonesia JAKARTA (JP): The World Bank approved the release of a US$400 million loan to Indonesia on Tuesday, completing the disbursement of the $1 billion loan package signed in July last year.
Wed, 10 Feb 1999
Golkar may support Habibie for 1999-2004 presidency
Golkar may support Habibie for 1999-2004 presidency JAKARTA (JP): Golkar chairman Akbar Tandjung said on Tuesday his party may nominate B.J. Habibie as its presidential candidate because it was giving priority to politicians who were current or former Cabinet members.
Wed, 10 Feb 1999
Indonesian trade liberalized: Rahardi
Indonesian trade liberalized: Rahardi WASHINGTON (AP): Indonesia is earning increasing confidence from international financial circles and deserves more confidence from private investors, its trade minister insisted.
Wed, 10 Feb 1999
Man shot dead for killing 'ojek' driver
Man shot dead for killing 'ojek' driver JAKARTA (JP): Central Jakarta Police have shot dead a man and arrested two of his accomplices for their alleged involvement in the murder of an ojek (motorcycle taxi) driver in the Menteng area, an official said on Monday.Central Jakarta Police Chief Lt. Col.
Wed, 10 Feb 1999
Soeharto's wealth abroad not found yet
Soeharto's wealth abroad not found yet JAKARTA (JP): Attorney General Lt. Gen. A.M. Ghalib announced on Tuesday that his office, in cooperation with the Ministry of Foreign Affairs, has yet to find any wealth belonging to former president Soeharto overseas.
Wed, 10 Feb 1999
High school student busted in toll road robbery
High school student busted in toll road robbery TANGERANG (JP): Motorists can no longer consider anywhere safe these days.Robbers have devised a wide range of techniques to run their business almost free of fear on the roads, from the city's crowded intersections at peak hour to toll roads during...
Wed, 10 Feb 1999
Economists urge Indonesia to try currency board again
Economists urge Indonesia to try currency board again TOKYO (AFP): Renowned economists are calling on Indonesia to try a currency board again to rebuild the devastated economy, and they are counting on support from opposition leader Amien Rais.
Tue, 09 Feb 1999
Follow-up directives for civil servants issued
Follow-up directives for civil servants issued JAKARTA (JP): The State Employees Administration issued two detailed directives for civil servants wishing to abandon the bureaucracy for politics, Minister/State Secretary Akbar Tandjung said on Monday.
Tue, 09 Feb 1999
Overdue telephone bills ring up Rp 9b monthly
Overdue telephone bills ring up Rp 9b monthly JAKARTA (JP): Overdue telephone bills in the greater Jakarta area total about Rp 9 billion per month (about US$1 million), or 4 percent of total billings, an executive of state-owned telecommunications company PT Telkom said on Monday.
Tue, 09 Feb 1999
Govt to privatize 10 state-owned firms
Govt to privatize 10 state-owned firms JAKARTA (JP): The government will sell stakes in 10 state- owned companies in the 1999/2000 fiscal year to raise Rp 13 trillion (US$1.5 billion) to help finance the state budget, State Minister of the Empowerment of State Enterprises Tanri Abeng said on Monday.
Tue, 09 Feb 1999
Navy repairs Chinese vessel
Navy repairs Chinese vessel SURABAYA: The Navy has completed repairs on a Chinese vessel impounded last Wednesday when it was sailing illegally in local waters, but its 57 passengers reportedly want to remain in Indonesia.Spokesman for the local naval base Lt. Col.
Tue, 09 Feb 1999
Local financial mart caught in regional rut
Local financial mart caught in regional rut JAKARTA (JP): The local financial market teetered again on Monday with the rupiah weakening to 8,550 against the U.S. dollar and stock prices sliding 1.4 percent.
Tue, 09 Feb 1999
RI agrees to vote on E. Timor's future
RI agrees to vote on E. Timor's future JAKARTA (JP): In a move Portuguese foreign minister Jaime Gama called "face-saving for everybody", Indonesian Minister of Foreign Affairs Ali Alatas announced in New York on Sunday that Indonesia accepted the idea of a UN-organized "popular consultation" of...
Tue, 09 Feb 1999
A journey to freedom
A journey to freedom In the nine months of reform, the Armed Forces (ABRI) has accomplished a lot.For far too long, ABRI tried its best to avoid its responsibility concerning genocide in Aceh. But now, finally, the moment of truth has arrived.
Tue, 09 Feb 1999
Police bomb squad kept busy by spate of threats
Police bomb squad kept busy by spate of threatsBy Emmy Fitri JAKARTA (JP): The soaring number of mysterious bomb threats at both state and privately owned properties have kept the National Police Gegana bomb squad very busy in the past few months.
Tue, 09 Feb 1999
Asian currencies close weaker
Asian currencies close weaker SINGAPORE (AFP): Asian currencies closed lower in range-bound trade on Monday as the yen eased against the US dollar, with the Philippine peso and Thai baht pulled down by domestic factors, dealers said.