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Tue, 10 Mar 1998
Hold the jingoism
Hold the jingoism Political, government and military leaders should refrain from further jingoistic outbursts in response to the IMF's decision over the weekend to delay by at least two weeks the disbursement of its second tranche of US$3 billion in bailout funds to Indonesia.
Tue, 10 Mar 1998
Rates for Tax Payment
Rates for Tax Payment JAKARTA (JP): The government announced yesterday new official conversion rates as the basis for payment of import duty, value added tax on goods and services, sales tax on luxury goods, export tax and income tax.
Mon, 09 Mar 1998
IMF package 'not in line' with the constitution
IMF package 'not in line' with the constitution JAKARTA (JP): President Soeharto said yesterday he had to tread cautiously in implementing the International Monetary Fund's sweeping economic reforms because they were not in line with the country's 1945 Constitution.
Mon, 09 Mar 1998
Students keep up demands for reforms and lower prices
Students keep up demands for reforms and lower prices JAKARTA (JP): Thousands of students from at least nine universities throughout Java staged on-campus demonstrations Saturday, continuing their calls for immediate government reforms and lower prices for basic goods.
Mon, 09 Mar 1998
Members ponder Doel's love life
Members ponder Doel's love life JAKARTA (JP): Everybody knows who will be Indonesia's next president and vice president, so Assembly members have another question on their minds: Will Doel choose Sarah or Zaenab?Golkar faction member Rano Karno happens to be the star of the famous television series...
Mon, 09 Mar 1998
30% of Jakarta housing developers go bankrupt
30% of Jakarta housing developers go bankrupt JAKARTA (JP): Some 30 percent of Jakarta's 900 developers are currently bankrupt due to the monetary crisis, an official said Saturday.Yan Mogi, head of the Jakarta chapter of the Indonesian Real Estate Association (REI) told The Jakarta Post that the...
Mon, 09 Mar 1998
Thai PM to meet Soros
Thai PM to meet Soros BANGKOK (Reuters): Thai Prime Minister Chuan Leekpai is expected to meet international financier George Soros during a visit to the United States, a local newspaper reported on Saturday.
Mon, 09 Mar 1998
Unsold imported corn to be exported
Unsold imported corn to be exportedBy Sylvia Gratia M. Nirang JAKARTA (JP): Feedmeal producers are reselling their stocks of imported corn overseas due to sluggish demand here as bankruptcies batter the country's poultry farmers.
Mon, 09 Mar 1998
Discount spare parts offered
Discount spare parts offered JAKARTA (JP): Jakarta Military Command in cooperation with the Association of Indonesian Automotive Industries (Gaikindo) held yesterday a market operation selling spare parts for 30 percent less to owners of public transportation vehicles.
Mon, 09 Mar 1998
IMF-plus
IMF-plus First, let me convey my gratitude and appreciation to your two series of analyses on the current Indonesia economic crisis.Your analyses -- using language so that the common business community could understand what's going on -- and suggested solutions to counter the deteriorating crisis...
Mon, 09 Mar 1998
IMF aid delay 'will further worsen confidence' in RI
IMF aid delay 'will further worsen confidence' in RI JAKARTA (JP): The delay in the disbursement of the International Monetary Fund's US$3 billion second tranche of bailout funds to Indonesia will further worsen confidence in the country's economy, analysts have said.
Mon, 09 Mar 1998
Soeharto accepts his renomination
Soeharto accepts his renomination JAKARTA (JP): President Soeharto called on the nation yesterday to stand behind the economic recovery programs now underway, in exchange for his acceptance to be renominated to his seventh consecutive term in office.
Mon, 09 Mar 1998
Surya sells Denso shares
Surya sells Denso shares JAKARTA (JP): Publicly listed property developer PT Surya Semesta Internusa announced Friday that it planned to sell half of its shares in PT Denso Corporation Indonesia, an automotive spare parts manufacturer.
Mon, 09 Mar 1998
E. Timor and food shortage
E. Timor and food shortage Dino Patti Djalal had the kernel of an excellent story in his piece about East Timor False alarm over alleged starvation in Atauro published March 6, 1998. Unfortunately, his own prejudices appeared to have got in the way of his powers of observation and deduction.
Mon, 09 Mar 1998
Speedy treatment needed
Speedy treatment needed As far as we are able to conclude from the statements made by the special foreign envoys who have met recently with President Soeharto, there is nothing wrong in relations between Indonesia and the International Monetary Fund (IMF).
Mon, 09 Mar 1998
Jan Pronk provokes controversy over Indonesia in Europe
Jan Pronk provokes controversy over Indonesia in EuropeBy Aboeprijadi Santoso THE HAGUE (JP): As the economic crisis in Asia continues to provoke discussion in Europe, a controversy has arisen in the Netherlands over the provision of credit for Indonesia.
Mon, 09 Mar 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Sculpture Exhibition: Jakarta Sculpture Triennial by 32 Artists from Yogyakarta, Bandung and Jakarta, at 10 a.m. to 9 p.m., Galeri Cipta II, Jl. Cikini Raya No. 73, until March 10.
Mon, 09 Mar 1998
Lessons for coping with economic troubles
Lessons for coping with economic troubles Demokratisasi Ekonomi dan Pertumbuhan Politik (Economic Democratization and Political Growth); By Prof. Dr. Loekman Soetrisno; Kanisius, Yogyakarta, 1997; 308 pp; Rp 20,000 YOGYAKARTA (JP): History apparently always repeats itself.
Mon, 09 Mar 1998
Crisis to slow coffee demand
Crisis to slow coffee demand LONDON (Reuters): Slower coffee demand in Indonesia and the rest of Asia following the financial crisis could raise robusta coffee availability by one million bags this year, the Association of Coffee Producing Countries (ACPC) said.
Mon, 09 Mar 1998
IMF measures blamed for deflationary push
IMF measures blamed for deflationary push NEW YORK (AP): IMF-prescribed austerity measures in Thailand, Indonesia and South Korea have caused deflationary conditions and Asia must rely on exports to overcome its financial problems, Thailand's deputy prime minister said Friday.
Mon, 09 Mar 1998
Talk of reform confuses people, Alwi says
Talk of reform confuses people, Alwi says JAKARTA (JP): Assembly member Alwi Dahlan said the ongoing discourse about political reform confused the public as many speakers did not always know what they were talking about.
Mon, 09 Mar 1998
Goh seeks 'new rules' against destabilizing capital flows
Goh seeks 'new rules' against destabilizing capital flows SINGAPORE (AFP): Singapore Prime Minister Goh Chok Tong has called for "new rules" to be established in international currency trading to prevent destabilizing capital flows, but said the market cannot be fully regulated.
Mon, 09 Mar 1998
Brokers say IMF loan delay likely to hit stock market
Brokers say IMF loan delay likely to hit stock market JAKARTA (JP): Trading activities on the Jakarta Stock Exchange (JSX) are likely to remain gloomy this week on news that the International Monetary Fund (IMF) will postpone the disbursement of its US$3 billion second tranche loan package for...
Mon, 09 Mar 1998
From colonialism to globalization
From colonialism to globalizationBy Franz Magnis-Suseno SJ JAKARTA (JP): Is globalization the continuation of colonialism? Is it the postcolonial form of colonialism? That was the central question of an international conference on Colonialism to Globalization that took place in New Delhi, India, in...
Mon, 09 Mar 1998
Heading off crisis
Heading off crisis As the rupiah jumped up and down yesterday (Friday) amid predictions of a currency board in place by midyear, the human cost of the financial crisis in Indonesia became ever more plain.
Mon, 09 Mar 1998
Bukit Asam fires up to raise coal briquette production
Bukit Asam fires up to raise coal briquette productionBy Johannes Simbolon JAKARTA (JP): State coal mining company PT Tambang Batubara Bukit Asam is set to increase its coal briquette output to one million tons in 2000 to anticipate an increase in demand for alternative fuels.
Mon, 09 Mar 1998
What's new in the PC World? Open your eyes!
What's new in the PC World? Open your eyes!By Zatni Arbi JAKARTA (JP): The giant chipmaker Intel Corp. has just released a warning that its earnings may be around 10 percent lower than expected. As if to give another clear example of how interrelated we all are in today's global economy, the news...
Mon, 09 Mar 1998
KL, Jakarta to discuss influx of immigrants
KL, Jakarta to discuss influx of immigrants KUALA LUMPUR (AP): The Malaysia-Indonesia Joint Commission will discuss a sudden influx of Indonesian illegal immigrants that is alarming Malaysia, Malaysian Foreign Minister Abdullah Ahmad Badawi said yesterday.
Mon, 09 Mar 1998
Broadcasting hours
Broadcasting hoursFrom KompasIn the present situation of the economic crisis, I fully understand if a television station, in this case SCTV, is compelled to reduce its broadcasting hours.However, I would appeal to SCTV to reconsider the changes in broadcasting hours recently introduced.
Mon, 09 Mar 1998
Golkar stands firm on state leadership issue: Akbar
Golkar stands firm on state leadership issue: Akbar JAKARTA (JP): No amount of external pressure will make Golkar budge from its decision to nominate Soeharto and B.J. Habibie as the next president and vice president, an official of the dominant faction vowed yesterday.
Mon, 09 Mar 1998
World palmoil output up
World palmoil output up KUALA LUMPUR (AFP): Malaysia, the world's largest producer of palm oil, Saturday said world production of the commodity will record only a marginal increase in 1998 due to drought and haze."...
Mon, 09 Mar 1998
Books on Habibie a top seller
Books on Habibie a top seller JAKARTA (JP): A vice presidential nomination sells books, as the attendant of Gema Insani Press stall at the General Session venue has found out."We sell an average of 10 copies of books on Habibie every day, while other titles do not sell as much," Eman Sulaeman told...
Mon, 09 Mar 1998
S&P keeps ratings on RI project bonds
S&P keeps ratings on RI project bonds NEW YORK (Dow Jones): Standard & Poor's single-B ratings on the following Indonesian independent power producer (IPP) project bonds and bank loan ratings remain on CreditWatch with negative implications, where they were placed on Dec.
Mon, 09 Mar 1998
Two dead, six injured in Penjaringan fire
Two dead, six injured in Penjaringan fire JAKARTA (JP): Two people died and six others were injured when fire gutted a two-story sock factory and six nearby houses in Penjaringan, North Jakarta, yesterday.One of the fatalities, Rubiyatun, worked at the factory owned by Zetset company on Jl.
Mon, 09 Mar 1998
Traditional cures get a boost due to crisis
Traditional cures get a boost due to crisisBy A. Ariobimo Nusantara JAKARTA (JP): More people are turning to traditional medicines to cure what ails them as prices of generic and patented drugs soar.Traditional drugs are not only more inexpensive than their modern, chemical cousins, but can be just...
Mon, 09 Mar 1998
Album
AlbumPhoto A: TVJP/bayBOXING ASSEMBLY: Members of the Golkar faction gather in their work room at the House of Representatives building during a lull in proceedings to watch the World Boxing Council superlightweight title fight broadcast live from Mexico.
Mon, 09 Mar 1998
Students and lawmakers
Students and lawmakers The military authorities seem to be exercising a virtue of tolerance toward the thousands of students now staging antigovernment demonstrations at various Indonesian universities.
Mon, 09 Mar 1998
Mischievous hack tricks Ginandjar
Mischievous hack tricks Ginandjar JAKARTA (JP): Because much of the proceedings of the General Session and the remarks of Assembly members are predictable, journalists are inventing ways to liven up situations in order to prompt interesting quotes.
Mon, 09 Mar 1998
Houses inundated in East Jakarta
Houses inundated in East Jakarta JAKARTA (JP): The heavy downpour, which started Saturday and refused to abate until early yesterday morning, inundated hundreds of houses in four subdistricts in East Jakarta.
Mon, 09 Mar 1998
Beggars, buskers flood Yogya
Beggars, buskers flood Yogya YOGYAKARTA: Motorists in this town are complaining about the growing number of beggars and buskers on main intersections, Antara said over the weekend.They claim that beggars and buskers have taken the place of hawkers who used to trade their wares at busy intersections.
Mon, 09 Mar 1998
Citi hotels raise workers' wages
Citi hotels raise workers' wages JAKARTA (JP): Several star-rated hotels in the capital have raised employees' salaries by between 5 percent and 15 percent despite lower occupancy levels, an hotel association official said over the weekend.
Mon, 09 Mar 1998
Women's business binds Mien, Inten
Women's business binds Mien, Inten JAKARTA (JP): They say being part of a minority group helps one feel closer to fellow members. The same could be said for Mien Sugandhi and Inten Soeweno, the only women ministers in the outgoing cabinet.
Mon, 09 Mar 1998
Indonesian demand bumps up rice prices in Thailand
Indonesian demand bumps up rice prices in Thailand BANGKOK (Reuters): Indonesian demand for Thai grain could drive up Thailand's domestic rice prices, trade sources have said .Indonesia is set to import a record five million tons of rice this calendar year and Thailand will be one of its major...
Mon, 09 Mar 1998
Argentina central bank not advising RI
Argentina central bank not advising RI NEW YORK (Reuters): Argentina's central bank president, Pedro Pou, said his institution has not advised Indonesia about setting up a currency board, but noted that a healthy banking system and strong government were essential preconditions to putting such a...
Mon, 09 Mar 1998
No need to 'interrupt' leadership election
No need to 'interrupt' leadership election JAKARTA (JP): Senior Golkar legislator Akbar Tandjung said yesterday that based on the smooth proceedings so far, he saw no reason for anyone to interrupt either the presidential or vice presidential elections.
Mon, 09 Mar 1998
Beauties grace Assembly fair
Beauties grace Assembly fair JAKARTA (JP): The stall that produces the Bee Jelly health drink first attracted customers by inviting former badminton champion Verawati Fajrin to attend.On Saturday, the fair -- held on the sidelines of the General Session -- drew even more shoppers because of its...
Mon, 09 Mar 1998
Robbers make off with Rp 5m
Robbers make off with Rp 5m SEMARANG: Five masked robbers made off with Rp 5 million in cash and jewelry from the home of local businessman Tan Djien Khan on busy Jl. Gombel.The robbery took place in the early hours of Friday in spite of frequent police patrols in the area, Antara reported.
Mon, 09 Mar 1998
Six activists arrested in Yogya
Six activists arrested in Yogya YOGYAKARTA: Six student activists of the Yogyakarta branch of the Cipayung Group were arrested by police for leading protests along the city's streets yesterday.The six were being interrogated at Yogyakarta Police Headquarters yesterday evening, Antara reported.
Mon, 09 Mar 1998
Missing plane found, three dead
Missing plane found, three dead PALEMBANG, South Sumatra: The national search and rescue team (SAR) located yesterday the wreckage of a missing Piper Chieftain PA 31-350 King Air, owned by PT Indonesian Air Transport (IAT), with all three on board dead.
Mon, 09 Mar 1998
Four killed in chain collision
Four killed in chain collision JAKARTA (JP): Four people were killed in a chain collision, involving a cement mixer, two city buses and two other vehicles, on the elevated Ir. Wiyoto Wiyono toll road in East Jakarta Saturday night. Seventeen others were injured.