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Sat, 28 Mar 1998
Telkom's bill
Telkom's billFrom KompasOn the monthly telephone bill issued by Telkom there is an additional charge of Rp 5,000, which is meant for other expenses. I have no idea what this extra cost is for. I wonder if there is any law forcing consumers to pay this additional amount.
Sat, 28 Mar 1998
A chance for Indonesia
A chance for Indonesia The markets have waited for months to see which way the cat will jump in Indonesia. Opportunities were frittered away and the situation today is now worse that it was two months ago.
Sat, 28 Mar 1998
Pelita Harapan joins with foreign colleges
Pelita Harapan joins with foreign colleges TANGERANG (JP): The University of Pelita Harapan (UPH) at Lippo Karawaci here signed a memorandum of understanding yesterday with several foreign universities and industrial companies to improve its students' knowledge and skills in industrial technology.
Sat, 28 Mar 1998
Arifin demands immediate settlement of his case
Arifin demands immediate settlement of his case JAKARTA (JP): Oil tycoon Arifin Panigoro, currently at the center of an alleged conspiracy to disrupt national stability, demanded yesterday the immediate settlement of his case.
Sat, 28 Mar 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on March 27, 1998: Buying Selling Rp Rp U.S dollar 1 7,800.00 9,300.00Austrian shilling 1 589.90 759.70Australian dollar 1 5,259.50 6,330.00Belgian franc 1 208.30 249.70Canadian dollar 1 5,539.
Sat, 28 Mar 1998
Share prices rise a tad in JSX moderate trading
Share prices rise a tad in JSX moderate trading JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) rose slightly yesterday in moderate trading, with most bluechip stocks dominating the transactions.
Sat, 28 Mar 1998
Foreign buyers eye local properties
Foreign buyers eye local properties JAKARTA (JP): International fund managers from Europe, North America, Australia and the United Arab Emirates are lining up to buy cheap properties in crisis-hit Asian countries, including Indonesia.
Sat, 28 Mar 1998
New sticker system on the road in August
New sticker system on the road in August JAKARTA (JP): The city administration is planning to run trials of a traffic sticker system which has been endorsed by President Soeharto from August to November, an official announced yesterday.The new regulations will apply from 7:30 a.m. to 9:00 a.m.
Sat, 28 Mar 1998
Huge losses may dog banks in next 2 years: Analysts
Huge losses may dog banks in next 2 years: Analysts JAKARTA (JP): Many of the nation's more than 200 commercial banks, beset by increasing costs of funds and bad debts, are likely to share a dubious bond in reporting great losses for 1998 and 1999, banking analysts warn.
Sat, 28 Mar 1998
Silversmiths going out of business
Silversmiths going out of business YOGYAKARTA: At least 120 of the 209 traditional silversmith companies in Kotagede, a town renowned for the craft, are on the verge of folding due to the skyrocketing price of silver."In March, the price of silver has increased to Rp 2.
Sat, 28 Mar 1998
Hanke set to propose new rupiah to Soeharto
Hanke set to propose new rupiah to Soeharto HONG KONG (AFP): Controversial U.S. economist Steve Hanke is to head back to Jakarta this weekend to sell the idea to Indonesian President Soeharto of creating a new rupiah on which a currency board would be based.
Sat, 28 Mar 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 27, 1998: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 700 0 2,000 AHAP Insurance 500 0 0 Alter Abadi 650 25 36,000 Alumindo Light Metal 400 0 494,000...
Sat, 28 Mar 1998
Holbrooke less pessimistic
Holbrooke less pessimistic HONG KONG (AFP): Former U.S. State Department troubleshooter Richard Holbrooke said Friday that after talks with Asian and U.S. officials he had revised his opinion on Indonesia's prospects and is now less pessimistic.
Sat, 28 Mar 1998
E. Kalimantan forest fires leave 330 people homeless
E. Kalimantan forest fires leave 330 people homeless JAKARTA (JP): The fires raging through East Kalimantan's forests have gutted 42 houses in Loa Janan Hilir and Samarinda Seberang subdistricts near Samarinda, leaving 330 residents homeless, Antara reported yesterday.
Fri, 27 Mar 1998
Private vs state charity
Private vs state charity Barely two weeks into her job, Siti Hardijanti Rukmana has plunged into her post as minister of social services doing what she is probably best known for: organizing a massive fund-raising campaign for charitable causes.
Fri, 27 Mar 1998
More foreign aid flows into Irian Jaya
More foreign aid flows into Irian Jaya JAYAPURA, Irian Jaya: The Mission Aviation Fellowship (MAF), despite a lack of funds, has distributed humanitarian aid in the drought-ridden remote areas of Irian Jaya.MAF regional manager, Wally D.
Fri, 27 Mar 1998
Domestic banks to lower deposit rates
Domestic banks to lower deposit rates JAKARTA (JP): State and private bank associations agreed yesterday to lower interest rates to a maximum of 47.5 percent per annum from today.When announcing the agreement, the state bank association chairman Widigdo Sukarman and private bank association...
Fri, 27 Mar 1998
U.S. claims win at WTO in RI car row
U.S. claims win at WTO in RI car row WASHINGTON (AFP): The United States yesterday claimed victory in a dispute with Indonesia, saying a special panel at the WTO had found Jakarta's automobile import polices in violation of international trade rules.
Fri, 27 Mar 1998
English at British Council
English at British Council I would like to respond to Mr. Adrianus Hiyung's letter of March 23. It comes at a good time, as we have just commenced our 50th year of working in Indonesia and we are seeking new initiatives as part of our celebrations.
Fri, 27 Mar 1998
KL, Manila to start barter trade agreement
KL, Manila to start barter trade agreement MANILA (AFP): The Philippines and Malaysia are set to start a modified barter trade agreement in May that would lessen both countries' dependence on the U.S. dollar, central bank governor Gabriel Singson said yesterday.
Fri, 27 Mar 1998
S'pore, RI agree bilateral trade financing scheme
S'pore, RI agree bilateral trade financing scheme SINGAPORE (Reuters): Singapore and Indonesia will launch a bilateral trade financing scheme, state television quoted Prime Minister Goh Chok Tong as saying yesterday.
Fri, 27 Mar 1998
E. Timor not on ASEM agenda: Alatas
E. Timor not on ASEM agenda: Alatas JAKARTA (JP): Minister of Foreign Affairs Ali Alatas maintained yesterday that East Timor would not be discussed at next month's Asia-Europe Meeting (ASEM) because it was considered an extraneous issue and irrelevant to the core topic of the summit.
Fri, 27 Mar 1998
No agreement on RI corporate debt plan: Banker
No agreement on RI corporate debt plan: Banker NEW YORK (Reuters): Global bankers have not reached any arrangement that would allow debt-laden Indonesian companies to postpone the repayment of capital, but a restructuring program is being considered, a banker involved with the talks said Wednesday.
Fri, 27 Mar 1998
Deep, dark thoughts in contemporary artists' show
Deep, dark thoughts in contemporary artists' showBy R. Fadjri YOGYAKARTA (JP): Crash! A chair is slammed against a glass frame holding a picture of another chair in white. Fragments scatter on a drawing of another chair, all part of the climax of FX Harsono's presentation at the opening of the...
Fri, 27 Mar 1998
Two sentenced for keeping marijuana
Two sentenced for keeping marijuana TANGERANG (JP): The Tangerang District Court sentenced Budi Irawan, 36, and Yovi Abidin, 24, each to one year in jail for possessing 9.3 grams of marijuana.Presiding Judge Fawsia said that the two defendants were arrested on Jl. Terate Kotabumi on Oct. 4, 1997.
Fri, 27 Mar 1998
197 public schools prone to flood
197 public schools prone to flood JAKARTA (JP): At least 197 public elementary schools in Jakarta are prone to flooding and most of them are in poor condition, a city councilor said.Soeparmo, head of Commission E for Welfare Affairs, said that the findings were uncovered during a visit by the...
Fri, 27 Mar 1998
More water bombers set to fight fires
More water bombers set to fight fires JAKARTA (JP): Minister of Forestry and Plantations Sumahadi said yesterday the government would deploy 10 more water bomber airplanes to tackle the raging forest fires in East Kalimantan.
Fri, 27 Mar 1998
Three executives arrested on charges of vandalism
Three executives arrested on charges of vandalism JAKARTA (JP): Three executives of two private developers have been arrested for allegedly vandalizing a West Jakarta building at the center of an ownership dispute.National Police spokesman Brig. Gen.
Fri, 27 Mar 1998
Is Zhu's China a threat to RI?
Is Zhu's China a threat to RI?By Budiono Kusumohamidjojo JAKARTA (JP): The National People's Congress of the People's Republic of China has just closed its sessions and has drawn a remarkably strategic resolution.
Fri, 27 Mar 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Cartoon: Tom and Jerry Kid 3:10 Children's Program: Tunas 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Student's Quiz: Cerdas Cermat 5:10 Documentary Film: Science World 5:30 Music: Paket 27 6:00 News: Lintasan Berita 6:05...
Fri, 27 Mar 1998
Thai alleges Soros plot toppled govt
Thai alleges Soros plot toppled govt BANGKOK (AP): An outspoken opposition leader has accused financier George Soros and the U.S. government of plotting the collapse last year of then-premier Chavalit Yongchaiyudh's government.
Fri, 27 Mar 1998
Asian currencies off highs but still upbeat
Asian currencies off highs but still upbeat SINGAPORE (Reuters): Asian currencies shed most of their early gains yesterday, but remained well underpinned as the dollar softened against the yen on news of an unexpectedly large Japanese economic stimulus package.
Fri, 27 Mar 1998
KNU against male repatriation
KNU against male repatriation MAE SOT, Thailand (Reuters): The leader of the Karen Nation Union (KNU) guerrilla organization said yesterday he opposed a Thai plan to repatriate male Karen refugees to Myanmar."I am totally against the plan to repatriate the male refugees back to their death.
Fri, 27 Mar 1998
Polygram enters Vietnam
Polygram enters Vietnam HANOI (AFP): Music giant Polygram has signed exclusive deals with two Vietnamese distributors to sell its products in Vietnam, becoming the first foreign company to offer its music in the communist nation, a report said yesterday.
Fri, 27 Mar 1998
Student-President dialog 'impossible'
Student-President dialog 'impossible' JAKARTA (JP): Coordinating Minister for Political and Security Affairs Gen. (ret) Feisal Tanjung dismissed student requests for a dialog with President Soeharto on the economic crisis and their demands for reform yesterday.
Fri, 27 Mar 1998
Corruption 'most rampant at the top'
Corruption 'most rampant at the top' JAKARTA (JP): A former top government auditor said yesterday that corruption among Indonesian policy makers and high officials was the worst in the country and yet the most difficult to overcome because of the weak supervisory system.
Fri, 27 Mar 1998
Floods destroy thousands of hectares of West Java crops
Floods destroy thousands of hectares of West Java crops JAKARTA (JP): More than 2,500 families in six subdistricts in South Bandung are expected to be affected by the likely failure of thousands of hectares of crops in the West Java regency that have been inundated by the overflowing Citarum river.
Fri, 27 Mar 1998
Organda to propose city bus fare increase
Organda to propose city bus fare increase JAKARTA (JP): The city's Land Transportation Owners Association (Organda DKI) is to propose to the central government next month a rise in bus fares on account of the financial difficulties facing the transportation sector, the association's head said...
Fri, 27 Mar 1998
Citibank aids famine victims
Citibank aids famine victims JAKARTA (JP): Citibank Indonesia's employees have raised a total of Rp 79.56 million to help famine victims in drought-hit Irian Jaya province.The funds will be converted into three months' worth of food supplies for 400 children in seven villages, the bank said...
Fri, 27 Mar 1998
Anti-dumping duties on RI
Anti-dumping duties on RI BRUSSELS (AP): The EU executive Commission on Wednesday slapped provisional anti-dumping duties on imports of unbleached cotton from China, Egypt, India, Indonesia, Pakistan and Turkey.
Fri, 27 Mar 1998
Sixteen workers poisoned
Sixteen workers poisoned BOGOR (JP): Sixteen workers from tire manufacturer PT Good Year were sent to hospital for treatment for food poisoning on Tuesday.Haryanto, 29, one of the affected workers, claimed he suffered from a sore stomach and frequent bouts of vomiting hours after returning home...
Fri, 27 Mar 1998
IPTN sells aircraft to UAE
IPTN sells aircraft to UAE JAKARTA (JP): State aircraft manufacturer PT Industry Pesawat Terbang Nusantara (IPTN) has won the tender to sell four CN-235 MPA aircraft to the United Arab Emirates, the company announced yesterday.Company spokesman M.T.
Fri, 27 Mar 1998
Govt to bring illegals home
Govt to bring illegals home JAKARTA (JP): Minister of Manpower Theo L. Sambuaga said here yesterday that the government would help bring 12,000 illegal Indonesian workers home from Malaysia and 1,583 problematic workers from South Korea.
Fri, 27 Mar 1998
Phone scam rings up huge financial losses for Telkom
Phone scam rings up huge financial losses for Telkom JAKARTA (JP): Eleven Indian and Pakistani nationals are among 13 people arrested for alleged involvement in a telephone billing scam.City Police spokesman Lt. Col. E.
Fri, 27 Mar 1998
Holbrooke pesimistic on RI reforms
Holbrooke pesimistic on RI reforms HONG KONG (AFP): Former U.S. State Department troubleshooter Richard Holbrooke said yesterday there was little chance of seeing economic reforms in Indonesia.Holbrooke, now vice-chairman of Credit Suisse First Boston bank, also criticized those who condemned U.S.
Fri, 27 Mar 1998
Govt plays down fears about drugs scarcity
Govt plays down fears about drugs scarcity JAKARTA (JP): The government has moved to allay growing public concern about shortages of medicines and their skyrocketing prices by stating that raw materials are sufficient and production is increasing.
Fri, 27 Mar 1998
Societe Generale bank still gloomy on RI's prospects
Societe Generale bank still gloomy on RI's prospects PARIS (Dow Jones): French bank Societe Generale said yesterday that it fears the worst about Indonesia's political and economic prospects, despite having made large provisions already to cover its exposure to the country.
Fri, 27 Mar 1998
Students, ABRI not ready for dialog: Rector
Students, ABRI not ready for dialog: Rector YOGYAKARTA (JP): Neither the Armed Forces (ABRI) nor students seeking political reform are ready to meet, as ABRI has suggested they should, according to an observer.
Fri, 27 Mar 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 26, 1998: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 700 0 0 AHAP Insurance 500 0 0 Alter Abadi 625 25 62,000 Alumindo Light Metal 400 50 899,500 Alumindo...
Fri, 27 Mar 1998
Crisis forces RI to delay natural gas pipeline projects
Crisis forces RI to delay natural gas pipeline projects SINGAPORE (Reuters): Gas pipeline projects in Indonesia have been delayed as a result of the country's economic woes as would- be financiers hold off negotiations until the rupiah stabilizes, a senior official said yesterday.