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Thu, 26 Feb 1998
Law enforcement needed to halt illegal abortions
Law enforcement needed to halt illegal abortions JAKARTA (JP): Experts and scholars called on the government yesterday to punish doctors and patients, who are involved in illegal abortion practices, to the full extent of the existing laws.
Thu, 26 Feb 1998
CBS, Indonesia and the IMF
CBS, Indonesia and the IMF Almost everyday I read about the CBS. How good it is, how risky it is, how dangerous it is, and many other different comments, which make my head spin and creates more confusion.
Thu, 26 Feb 1998
Repsol's RI sale deal fails
Repsol's RI sale deal fails MADRID (Reuters): Spanish energy group Repsol said that a China National Offshore Oil Corp (CNOOC) unit told Repsol that the CNOOC unit could not buy Repsol's Indonesian exploration and production assets.
Thu, 26 Feb 1998
Man jailed for extorting money
Man jailed for extorting money BOGOR (JP): Bogor District Court has sentenced a 29-year-old man to two years in jail for extorting money from his two former fathers-in-law and grandfather-in-law.After presiding judge Maria Wijaya read the verdict Tuesday, defendant Adi Widodo pointed at one of his...
Thu, 26 Feb 1998
Food prices
Food pricesFrom Media IndonesiaMost days I used to eat nasi uduk (rice cooked in coconut milk and served with condiments) for breakfast at a stall close to my office. This delicious food was very reasonably priced. The stall was popular in my office, even among the white-collar workers.
Thu, 26 Feb 1998
Possible exodus from RI worries region
Possible exodus from RI worries region SYDNEY (Reuters): Fears are growing among Indonesia's neighbors of mass migrations as the sprawling archipelago's economic and political problems continue to mount.
Thu, 26 Feb 1998
RP gives $1m worth of drugs
RP gives $1m worth of drugs JAKARTA (JP): The Philippine government pledged yesterday to provide US$1 million worth of medicine to help Indonesia cope with severe drug shortages.Philippine Foreign Minister Domingo Siazon said the relief aid was a "sign of moral solidarity" for the Indonesian people...
Thu, 26 Feb 1998
Security approach excessive
Security approach excessiveFrom Media IndonesiaOn Feb. 23, several women belonging to a group called the Voice of Concerned Mothers (SIP) launched a peaceful demonstration to express their concern about the economic and political crisis having a negative impact on future generations.
Thu, 26 Feb 1998
Message from the Publisher
Message from the Publisher More than a month ago The Jakarta Post implemented several cost-efficiency measures -- including the reduction of the number of pages of the newspaper from 16 to 12 -- to cut financial losses caused by shrinking advertising revenue and rising newsprint prices.
Thu, 26 Feb 1998
On vice presidency
On vice presidency In this global era, rigid partitions that formerly kept nations' affairs of state separate and distinct have ceased to exist and the concept of sovereignty is becoming increasingly vague and diluted.
Thu, 26 Feb 1998
Special team set up to supervise expats
Special team set up to supervise expats JAKARTA (JP): The city administration set up a special joint team yesterday to control and supervise the presence and activities of foreigners in Jakarta, an official said.
Thu, 26 Feb 1998
Court drops Bintang's suit against minister
Court drops Bintang's suit against minister JAKARTA (JP): Jakarta State Administrative Court threw out yesterday a lawsuit filed by politician Sri Bintang Pamungkas against Minister of Education Wardiman Djojonegoro for dismissing him from employment last year.
Thu, 26 Feb 1998
Small businessmen to sue tycoons for breach of promise
Small businessmen to sue tycoons for breach of promise YOGYAKARTA (JP): Almost 200 local small-scale entrepreneurs are planning to sue the Jimbaran Group of business tycoons for breach of promise. They are demanding compensation of Rp 100 billion (US$10.5 million).
Thu, 26 Feb 1998
30% of minivans, buses stop operation
30% of minivans, buses stop operation JAKARTA (JP): Owners of the city's public transportation fleets have been forced to take about 30 percent of their vehicles off the roads as they can no longer afford to buy spare parts, an executive said yesterday.
Thu, 26 Feb 1998
Circumventing reform
Circumventing reform The government has repeatedly claimed, in defense of its plan to introduce a currency board system, that the IMF-brokered rescue package signed by President Soeharto on Jan. 15, has failed to stabilize the rupiah-U.S. dollar exchange rate.
Wed, 25 Feb 1998
Thamrin project to proceed
Thamrin project to proceed JAKARTA (JP): The city administration is to continue the Jl. M.H. Thamrin beautification project in Central Jakarta and its other regreening plans despite the monetary crisis, an official said.
Wed, 25 Feb 1998
Don't fish in murky waters
Don't fish in murky watersFrom Warta EkonomiThe economic crisis has caused prices of staple foods to skyrocket. It is regrettable that in this difficult situation certain merchants have resorted to something that has greatly affected consumers' emotions.
Wed, 25 Feb 1998
Toyota cuts its SE Asian automobile sales forecasts
Toyota cuts its SE Asian automobile sales forecasts TOKYO (Reuters): Toyota Motor Corp said yesterday it was in the process of cutting its forecasts for sales in Indonesia, Thailand, the Philippines and Malaysia due to tough market conditions caused by regional economic woes.
Wed, 25 Feb 1998
Elephants hit by monetary crisis
Elephants hit by monetary crisis JAKARTA (JP): After being caught in the wilderness, locked up and then "educated", elephants in the famed Lhok Asan training center are now having to bear the brunt of the monetary crisis.
Wed, 25 Feb 1998
No bombs in Jakarta
No bombs in Jakarta JAKARTA (JP): Police stated yesterday that no explosive materials had been found at buildings recently swept by bomb squads after the buildings received threatening phone calls.Brig. Gen.
Wed, 25 Feb 1998
Listen to vox populi
Listen to vox populi The authorities appear to be taking no chances in the countdown to the General Session of the People's Consultative Assembly (MPR) which begins on Sunday. They have vowed to clamp down at the first signs of trouble and, judging from their actions of the past few days, they mean...
Wed, 25 Feb 1998
Six oil and gas production sharing contracts awarded
Six oil and gas production sharing contracts awarded JAKARTA (JP): The Ministry of Mines and Energy awarded yesterday six production sharing contracts to foreign and local investors to develop the country's oil and gas reserves.The contracts were awarded to Unocal Corp.
Wed, 25 Feb 1998
Medicine to cure crisis
Medicine to cure crisis Indonesia's monetary crisis began in July 1997. Seven months later the country is still floundering, unable to find the path toward recovery, or so it would seem if one considers the current value of the rupiah, the price of staple goods like rice and cooking oil, and other...
Wed, 25 Feb 1998
Alleged robber shot dead for resisting arrest
Alleged robber shot dead for resisting arrest JAKARTA (JP): An alleged robber was shot dead by police after he and an accomplice broke into a house in Lebak Bulus, South Jakarta, city police spokesman Lt. Col. E. Aritonang yesterday.
Wed, 25 Feb 1998
Hanco to reconditions BA's spare parts
Hanco to reconditions BA's spare parts JAKARTA (JP): State coal mining company PT Tambang Batubara Bukit Asam signed a memorandum of understanding yesterday with local company PT Hanco Foundry Industry to recondition spare parts from its mining facilities.
Wed, 25 Feb 1998
Government to help ailing press industry: Hartono
Government to help ailing press industry: Hartono JAKARTA (JP): President Soeharto has agreed to help the ailing print media industry, Minister of Information R. Hartono said yesterday.He did not specify what measures would likely be taken to rescue companies buckling under the pressure of the...
Wed, 25 Feb 1998
IMF and RI need closer rapport
IMF and RI need closer rapportBy Colm Kearney The Indonesian government's proposal for a currency board to stabilize the rupiah has been misunderstood, and it has invoked inappropriate responses from the International Monetary Fund.
Wed, 25 Feb 1998
Spotlight
SpotlightPhoto A: BooksJP/afsHOMAGE TO A MASTER: Senior anthropologist Koentjaraningrat (right) receives two books from Kartini Sjahrir, chairwoman of the Association of Indonesian Anthropologists. The books, Corat- Coret Koentjaraningrat (Koentjaraningrat's Sketches) and Koentjaraningrat dan...
Wed, 25 Feb 1998
Prostitution rife in Riau
Prostitution rife in Riau PEKANBARU, Riau: Labor brokers promising well-paid jobs in Malaysia have allegedly forced hundreds of women from Java and Lampung into prostitution here, a press report said yesterday.
Wed, 25 Feb 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 24, 1998: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 700 25 64,500 AHAP Insurance 400 50 1,000 Alter Abadi 575 0 0 Alumindo Light Metal 325 50 2,973,500 Alumindo...
Wed, 25 Feb 1998
Local stocks lose ground on profit taking
Local stocks lose ground on profit taking JAKARTA (JP): Stock prices on the Jakarta Stock Exchange (JSX) lost ground yesterday on profit taking, with the main price index falling 2 percent, brokers said.
Wed, 25 Feb 1998
Thomas and Uber delay 'allow time to prepare'
Thomas and Uber delay 'allow time to prepare' JAKARTA (JP): State Minister of Youth Affairs and Sports Hayono Isman said yesterday that although the postponement of the Thomas and Uber Cups championships would allow more time to prepare Indonesia's squads, it would also disturb the schedule of...
Wed, 25 Feb 1998
Protesting women freed conditionally
Protesting women freed conditionally JAKARTA (JP): The three women arrested here Monday on charges of organizing a demonstration without a permit were released yesterday but police said they had not closed the case.
Wed, 25 Feb 1998
Lippo Karawaci a 'shadow' of its former self
Lippo Karawaci a 'shadow' of its former self TANGERANG (JP): Lippo Karawaci Supermal, once brimming with visitors, including those who made the trip from Jakarta, is feeling the full brunt of the economic downturn as tenants pack up and move out.
Wed, 25 Feb 1998
Wushu body to name athletes next month
Wushu body to name athletes next month JAKARTA (JP): The Indonesian Wushu Association will name athletes, who will be groomed for the 13th Asian Games in Bangkok in December, on March 20 after its internal meeting here.
Wed, 25 Feb 1998
Lippo Group denies impropriety charges
Lippo Group denies impropriety charges WASHINGTON (AFP): Indonesia's Lippo Group, embroiled in the scandal over improper fund-raising for the U.S. election campaign, broke its silence on the matter Monday, denying any improprieties.
Wed, 25 Feb 1998
General hospital denies media reports on drug shortages
General hospital denies media reports on drug shortages JAKARTA (JP): State-owned Cipto Mangunkusumo General Hospital (RSCM) in Central Jakarta strongly denied yesterday media reports claiming that RSCM was short of medicines.
Wed, 25 Feb 1998
Return to the fixed rate system
Return to the fixed rate system While the government delays adopting a currency board system (CBS), economist Kwik Kian Gie proposes a simpler measure to overcome the country's monetary crisis. Question: The rupiah's value remains low, threatening the survival of the economy, but several parties...
Wed, 25 Feb 1998
Dorodjatun ready for challenge of ambassadorial post
Dorodjatun ready for challenge of ambassadorial postBy Ivy Susanti JAKARTA (JP): Senior economist Dorodjatun Kuntjoro-Jakti says his new post as Indonesian Ambassador to Washington is a huge challenge given the rapid changes evolving in the United States, but a welcome intellectual stimulation.
Wed, 25 Feb 1998
Obituary
Obituary Marcel Beding, a senior journalist and former Indonesian Democratic Party (PDI) member of the House of Representatives died yesterday evening. He was 63.He died at St. Carolus hospital, Central Jakarta, one day after falling unconscious at his residence.
Wed, 25 Feb 1998
Asian currencies upbeat as Indonesia dithers
Asian currencies upbeat as Indonesia dithers SINGAPORE (Reuters): Asian currencies were slightly more upbeat yesterday as the U.S. dollar lost steam against the majors, but dealers said trade was relatively slow and lacked a clear trend.
Wed, 25 Feb 1998
Children's protection institute established
Children's protection institute established JAKARTA (JP): The government has inaugurated the Children's Protection Institute to mobilize formal legal protection for abused and neglected children.Minister of Social Services Inten Soeweno officiated at the establishment of the organization at the...
Wed, 25 Feb 1998
RI aid program under review
RI aid program under review WASHINGTON (Reuters): The U.S. Agriculture Department has not yet made a final decision on whether to offer a PL480 program to help financially-troubled Indonesia buy U.S. agricultural goods, a USDA official said Monday.
Wed, 25 Feb 1998
El Paso upbeat on negotiations with PLN
El Paso upbeat on negotiations with PLN JAKARTA (JP): El Paso Energy International of the United States is optimistic that its subsidiary PT Energy Sengkang and the state electricity company Perusahaan Listrik Negara (PLN) will be able to settle a dispute over their power purchase agreement.
Wed, 25 Feb 1998
New BI governor sees CBS as attractive
New BI governor sees CBS as attractive JAKARTA (JP): Bank Indonesia's (BI) new governor, Sjahril Sabirin, said yesterday he saw the currency board system as an attractive way to stabilize the ailing rupiah.
Wed, 25 Feb 1998
Indonesia seen crucial to recovery in SE Asia
Indonesia seen crucial to recovery in SE Asia CANBERRA (Reuters): Thailand's former commerce minister Narongchai Akrasanee said yesterday that Indonesia was crucial to economic recovery in Southeast Asia but added it would take at least two years for the region to get back on its feet.
Wed, 25 Feb 1998
Chinese donate Rp 20b
Chinese donate Rp 20b SEMARANG: Entrepreneurs of Chinese descent have donated Rp 20 billion (US$2.5 million) to the needy in several regencies in Central Java.The donation was in the form of essential commodities such as rice, sugar, wheat flour, vegetable oil and soap.
Wed, 25 Feb 1998
Central bank announces lower foreign debt
Central bank announces lower foreign debt JAKARTA (JP): Indonesia's foreign debt as of the end of 1997 amounted to US$136.1 billion, lower than the $137.4 billion figure previously announced, Bank Indonesia (BI) has said.According to the central bank's figures updated on Feb.
Wed, 25 Feb 1998
Rating revisions send stocks tumbling
Rating revisions send stocks tumbling TOKYO (AFP): A flurry of new ratings for Asian currencies, banks and leading companies took their toll on stock market activity yesterday, dealers said, pushing most bourses down amid a lack of strong incentives.Japanese share prices ended 2.
Wed, 25 Feb 1998
Ministers support city's low-cost apartment projects
Ministers support city's low-cost apartment projects JAKARTA (JP): The ministers of housing, manpower, public works and national development planning agreed yesterday to help the city administration fast-track the development of its six low- cost apartment projects.