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Wed, 11 Mar 1998
Cycling track c'ships planned
Cycling track c'ships planned JAKARTA (JP): The Indonesian Cycling Association will hold the national cycling track championships in Surakarta, Central Java, from May 20 to May 24. The velodrome, located in the Manahan sports complex, was recently inaugurated by President Soeharto.
Wed, 11 Mar 1998
WB, ADB delay aid to Indonesia, Japan goes ahead
WB, ADB delay aid to Indonesia, Japan goes ahead TOKYO (Agencies): The World Bank will delay a one-billion- dollar loan and the Asian Development Bank its US$1.5 billion aid to Indonesia until the country makes clear reform efforts, senior bank officials said in Tokyo and Manila yesterday on the...
Wed, 11 Mar 1998
'Mbak' Tutut best dresser?
'Mbak' Tutut best dresser? JAKARTA (JP): When first daughter Siti Hardiyanti Rukmana passes by, she spreads around a sweet, noticeable whiff of perfume to her surrounding, a nice change for some journalists who have sweated during another hot day chasing their sources.
Wed, 11 Mar 1998
National soccer team practices shootouts
National soccer team practices shootouts JAKARTA (JP): The national soccer team is currently practicing penalty shootouts in Surabaya, East Java, under the supervision of coach Rusdy Bahalwan.The team has been training for the Tiger Cup here in September since Feb.
Wed, 11 Mar 1998
Spotlight
SpotlightPhoto A: OwensBorobudur Inter-ContinentalU.S. MISSION: Michael P. Owens, U.S. deputy chief of mission (left), and Walter F. Mondale, former U.S. vice president (middle), chat with Michel Tourniaire, general manager and vice president of Borobudur Inter-Continental Jakarta.
Wed, 11 Mar 1998
Australia may by-pass RI rice barriers
Australia may by-pass RI rice barriers SYDNEY (Reuters): Indonesia's economic collapse and drought have combined to back Australian moves to by-pass longstanding blockages to Australian rice imports.After widespread rice crop failure, Indonesia is this year seen importing up to five million tonnes...
Wed, 11 Mar 1998
RI still a promising market, says Alcatel
RI still a promising market, says Alcatel JAKARTA (JP): The French giant telecommunication company Alcatel announced yesterday that it would strengthen its presence in Indonesia as it believed the country's telecommunication market remained promising despite the crisis.
Wed, 11 Mar 1998
Sorry, no tea, just water at City Hall
Sorry, no tea, just water at City Hall JAKARTA (JP): Staff and visitors to City Hall should no longer expect to be served tea and snacks. They are likely to get plain water, if anything at all.Such office amenities have been removed, along with a host of others as the municipality begins to...
Wed, 11 Mar 1998
Currencies firm, though wary of rupiah
Currencies firm, though wary of rupiah SINGAPORE (Reuters): Asian currencies regained their footing in slow trade yesterday, helped by the U.S. dollar's fall against the yen and relative stability in regional stock markets.
Wed, 11 Mar 1998
After this what next?
After this what next? The 1,000 members of the People's Consultative Assembly (MPR) yesterday reelected President Soeharto for a seventh consecutive term. The appointment marks the culmination of an electoral process which began last May and the pinnacle of the General Session agenda.
Wed, 11 Mar 1998
Journalist teaches Jusuf greeting
Journalist teaches Jusuf greeting JAKARTA (JP): Jusuf Syakir, the chairman of the Moslem-based United Development Party (PPP) faction in the Assembly, received a valuable lesson in Islamic conduct yesterday from a photographer.
Wed, 11 Mar 1998
BI interest rate move may be prelude to CBS
BI interest rate move may be prelude to CBS JAKARTA (JP): Bank Indonesia's decision to peg domestic time deposit interest rates to its short-term promisory note (SBI) rates could be a prelude to an introduction of the controversial currency board system (CBS), an analyst said yesterday.
Wed, 11 Mar 1998
State companies told to buy local corn
State companies told to buy local corn JAKARTA (JP): The Ministry of Agriculture asks state agriculture companies to buy local harvested corn to stabilize prices, a senior official has said.Secretary general Sjarifudin Karama said here on Monday that the ministry issued a directive dated Feb.
Wed, 11 Mar 1998
Is Western press adopting a blurred focus on RI?
Is Western press adopting a blurred focus on RI?By Mulyo Sunyoto JAKARTA (Antara): The Western press is putting Indonesia under a microscope as the country endures tough economic times.In the past few weeks, major publications, including Newsweek, The Economist and Time, have continuously blended...
Wed, 11 Mar 1998
ITB program for city officials
ITB program for city officials JAKARTA (JP): At least 37 city officials intend to study urban planning in a post-graduate school program offered by the Bandung Institute of Technology (ITB), an official has said.Deputy Governor for Development Affairs TB. M.
Wed, 11 Mar 1998
Philippines ups reserves
Philippines ups reserves MANILA (AFP): Eleven foreign banks have agreed to take part in a 500-million-dollar syndicated loan to the Philippines to help it rebuild its reserves, the central bank said Tuesday.
Wed, 11 Mar 1998
TV today
TV todayTVRI 7:00 a.m. Morning News 7:30 Talk Show 8:00 Breaking News 8:10 Music 9:00 Live Reports: Presidential Swearing-in Ceremony 11:00 TVRI News 11:15 Music 11:40 Profile: Paket Profil Politisi 12:00 p.m.
Wed, 11 Mar 1998
Telkom staff donate foodstuffs
Telkom staff donate foodstuffs BANDUNG: Employees of PT Telkom, the state telecommunications company, have agreed to put aside part of their monthly salary as a donation to the poor.Telkom president A.A. Nasution said the company had collected Rp 200 million from its 37,000 staff this month.
Wed, 11 Mar 1998
MPs to summon Estrada's wife
MPs to summon Estrada's wife MANILA (AFP): The wife of popular Philippine presidential candidate Joseph Estrada will be summoned by Congress as part of investigations into a million dollar investment scam, a congressman said yesterday.
Wed, 11 Mar 1998
Asia-Pacific stock markets end mixed
Asia-Pacific stock markets end mixed SINGAPORE (AFP): Asia-Pacific stock markets ended mixed yesterday as wary investors treaded with caution over Indonesia's standoff with the IMF amid the reappointment of President Soeharto to a seventh term.
Wed, 11 Mar 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on March 10, 1998: Buying Selling Rp Rp U.S dollar 1 10,250.00 13,250.00Austrian shilling 1 680.80 978.50Australian dollar 1 6,060.60 8,143.30Belgian franc 1 240.40 321.80Canadian dollar 1 6,422.
Wed, 11 Mar 1998
Indonesia poses risk to neighbors: WB official
Indonesia poses risk to neighbors: WB official TOKYO (Dow Jones): The prospects for a sustained economic recovery across southeast Asia hinge on conditions in Indonesia, where recent developments have been 'mixed,' a senior World Bank official said yesterday.
Wed, 11 Mar 1998
A genie from John Hopkins?
A genie from John Hopkins? Who is Steve Hanke? Who brought him to Indonesia? The questions have been asked many times, but so far no satisfactory answers have been forthcoming.He in no time emerged in the economic and financial world of Indonesia, and quickly wielded a dominant role over local...
Wed, 11 Mar 1998
Soeharto's family welcomes reelection
Soeharto's family welcomes reelection JAKARTA (JP): Members of President Soeharto's family yesterday welcomed his seventh consecutive election and expressed confidence that he would lift the country out of the economic doldrums.
Wed, 11 Mar 1998
Congratulations pour in for reelected President Soeharto
Congratulations pour in for reelected President Soeharto JAKARTA (JP): Prominent local and global figures yesterday greeted the reelection of President Soeharto for a further five- year term in office.Dili Bishop Carlos Filipe Ximenes Belo extended a warm welcome to Soeharto's reappointment by the...
Wed, 11 Mar 1998
Soeharto reelected for 7th term
Soeharto reelected for 7th term JAKARTA (JP): The 1,000-seat People's Consultative Assembly reelected President Soeharto to a seventh five-year term yesterday in smooth proceedings lasting less than 30 minutes.
Wed, 11 Mar 1998
Police to question 'D&R' managing editor
Police to question 'D&R' managing editor JAKARTA (JP): National Police spokesman Brig. Gen. Da'i Bachtiar said yesterday that other executives of Detektif dan Romantika (D&R) magazine would be questioned as witnesses in connection with the publication of the weekly's controversial, latest edition.
Wed, 11 Mar 1998
Three netted for housing immigrants
Three netted for housing immigrants MALACCA, Malaysia (AFP): Malaysian police yesterday detained three people, including an Indonesian with permanent resident status, under Malaysia's Internal Security Act (ISA) for allegedly harboring illegal Indonesian immigrants.
Wed, 11 Mar 1998
Account in dollar
Account in dollar I opened a Bank Danamon dollar account several months ago at the bank's Jl. Melawai branch, where I was assured that only 1 percent of my savings would be deducted when I closed it. I would accrue 7 percent a month in taxable interest, meaning that in several months I'd withdraw...
Wed, 11 Mar 1998
New cabinet to be formed soon to hasten end of economic crisis
New cabinet to be formed soon to hasten end of economic crisis JAKARTA (JP): Newly reelected President Soeharto is expected to form his new cabinet almost immediately in order to allow the country to consolidate its resources and apply effective policies to deal with the economic crisis, Assembly...
Wed, 11 Mar 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 10, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 800 0 0 AHAP Insurance 400 0 0 Alter Abadi 500 0 59,000 Alumindo Light Metal 325 0 106,500 Alumindo...
Wed, 11 Mar 1998
IMF to face regional pressure over conflict with Indonesia
IMF to face regional pressure over conflict with Indonesia SYDNEY (Reuters): The International Monetary Fund will come under intense pressure from countries in the region to back down from confrontation with Indonesia if social unrest worsens, political analysts said yesterday.
Wed, 11 Mar 1998
Fact on Atauro famine
Fact on Atauro famine I welcome Melody Kemp's interest, March 9, in my article on alleged starvation in Atauro, East Timor, though her accusing me of "prejudices" and "bias" is hardly necessary.Ms. Kemp alluded that I was not able to see (what she calls) the "green famine" in Atauro because I was...
Wed, 11 Mar 1998
RI to negotiate with IMF and U.S.
RI to negotiate with IMF and U.S. JAKARTA (JP): Indonesia will send a technical team to the International Monetary Fund (IMF) headquarters in Washington next week to secure the continuation of the Fund's bailout program, a senior official has said.
Wed, 11 Mar 1998
Government's merger plan questioned
Government's merger plan questioned JAKARTA (JP): The government's plan to merge the ministries of forestry, and agriculture will be counterproductive, a senior analyst has said.Agriculture analyst Bungaran Saragih of the Bogor Agriculture University said that if the two ministries were merged, the...
Wed, 11 Mar 1998
Net finds 105 foster parents
Net finds 105 foster parents BANDA ACEH, Aceh: Pendidikan Acehnet Foundation has enlisted through the Internet 105 Indonesians living overseas to join in the local foster parents program and finance the schooling of poor Aceh children, Antara said.
Wed, 11 Mar 1998
Stock prices drop while rupiah firms
Stock prices drop while rupiah firms JAKARTA (JP): Stock prices on the Jakarta Stock Exchange (JSX) dropped 1 percent yesterday on market concern over the ongoing battle between the government and the International Monetary Fund (IMF).
Wed, 11 Mar 1998
New policy guidelines criticized
New policy guidelines criticized JAKARTA (JP): Two political observers attributed a number of alleged shortcomings in the newly endorsed State Policy Guidelines to a restrictive political system and the languor of the members of the People's Consultative Assembly.Political scientists Mahfud M.D.
Wed, 11 Mar 1998
City is sticking to its vehicle sticker plan
City is sticking to its vehicle sticker plan JAKARTA (JP): The city administration is currently drafting regulations to support its plan to introduce the use of stickers to limit the number of vehicles in busy zones during peak hours.
Wed, 11 Mar 1998
Good level-headed advice
Good level-headed advice Every time our country was hit by crisis in the past, our late (vice president) Adam Malik had an excellent piece of advice for Indonesians: "Our hearts may be boiling over, but our heads must remain cool".
Wed, 11 Mar 1998
Habibie a good candidate to assist me: Soeharto
Habibie a good candidate to assist me: Soeharto JAKARTA (JP): President Soeharto gave his formal consent yesterday to the nomination of B.J. Habibie as vice president, saying that the 61-year-old German-educated technology czar was a suitable candidate to assist him.
Wed, 11 Mar 1998
Utut drops to fourth place
Utut drops to fourth place JAKARTA (JP): Indonesian Grandmaster Utut Adianto slipped to fourth place after recording a draw and defeat in the Grandmasters Championship in Calicut, India, yesterday.Utut drew with GM Dibyendu Barua of India and lost to International Master Abhijit Kunte, also of...
Wed, 11 Mar 1998
Man killed by extortionists
Man killed by extortionists TANGERANG, West Java (JP): A man was stabbed to death after refusing to yield to extortionists' demands for money after he was caught making out with his girlfriend in the town's central park.
Wed, 11 Mar 1998
Student protests continue on at least 30 campuses
Student protests continue on at least 30 campuses JAKARTA (JP): Waves of student protests calling for reforms and lower prices for basic commodities continued yesterday in at least 30 universities across the nation, with thousands of students and their lecturers jointly staging on-campus...
Tue, 10 Mar 1998
Don't forget to pray
Don't forget to pray JAKARTA (JP): Armed Forces Chief of Sociopolitical Affairs Lt. Gen. Yunus Yosfiah said that Moslem Assembly members must not forget their duty to pray even amid the heavy schedule of their meetings.
Tue, 10 Mar 1998
Arbitration urged for compensation dispute
Arbitration urged for compensation dispute JAKARTA (JP): A legal expert called on the government yesterday to seek international arbitration if foreign investors sought compensation for projects canceled due to the economic crisis.
Tue, 10 Mar 1998
Asia-Pacific stock markets close mixed
Asia-Pacific stock markets close mixed HONG KONG (AFP): Asia-Pacific stock markets closed mixed yesterday amid jitters over Indonesia's standoff with the International Monetary Fund (IMF).Tokyo ended down 0.
Tue, 10 Mar 1998
TV today
TV todayTVRI 7:00 a.m. Morning News 7:30 Talk Show 8:00 Breaking News 8:10 Music 8:50 Live Reports: The 10th Plenary Session of the People's Consultative Assembly and the Presidential Election. 11:00 TVRI News 11:15 Music 11:40 Profile: Paket Profil Politisi 12:00 p.m.
Tue, 10 Mar 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 9, 1998: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 800 0 87,500 AHAP Insurance 400 0 0 Alter Abadi 500 -25 46,500 Alumindo Light Metal 325 0 79,500 Alumindo...
Tue, 10 Mar 1998
Soeharto reaffirms his election readiness
Soeharto reaffirms his election readiness JAKARTA (JP): President Soeharto sailed through a four- question interview last night with leaders of the People's Consultative Assembly to formally affirm his readiness to be renominated.Speaker of the Assembly Harmoko and his four deputies -- Lt. Gen.