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Tue, 24 Mar 1998
When stressed dad rocks cradle
When stressed dad rocks cradle TANGERANG (JP): The 30-year-old father detained since Saturday on charges of killing his own baby son had been suffering stress since he was fired from his work, a relative said yesterday.
Tue, 24 Mar 1998
130,522 unemployed back to work in North Jakarta
130,522 unemployed back to work in North Jakarta JAKARTA (JP): Labor-intensive projects in North Jakarta have put 130,522 jobless back to work, an official said yesterday.North Jakarta Deputy Mayor Sarimun Hadisaputra explained the program was conducted in two phases covering 35 geographical areas...
Tue, 24 Mar 1998
New cabinet members sending mixed messages
New cabinet members sending mixed messages New cabinet members have started rolling up their sleeves for the battle ahead of them, but economist Kwik Kian Gie finds confusing signals in their opening salvos.
Tue, 24 Mar 1998
Futures exchange will be open to all commodities: Official
Futures exchange will be open to all commodities: Official JAKARTA (JP): Trading activities in the planned futures commodity exchange will not only be limited to coffee and palm oil, a senior official said yesterday.
Tue, 24 Mar 1998
On banknote
On banknote I can sympathize with Mr. A. Hovers, Bank credibility, March 20), about being confused that his dollars were not accepted by BRI.It seems BRI is not alone with this strange dollar bill mentality.
Tue, 24 Mar 1998
Most Asian currencies firmer against U.S. dollar
Most Asian currencies firmer against U.S. dollar SINGAPORE (AFP): Asian currencies were firmer against the U.S. dollar yesterday, continuing last week's rebound as investors separated regional units from the plight of the Indonesian rupiah.
Tue, 24 Mar 1998
Lepetelo retains IBF title
Lepetelo retains IBF title JOHANNESBURG (AFP): South Africa's Zolani Lepetelo outpointed Faisol Akbar of Indonesia over 12 rounds to retain his IBF strawweight crown at the Carousel entertainment complex here.
Tue, 24 Mar 1998
The refugee tragedy
The refugee tragedy The outside world can feel nothing but pity for the thousands fleeing the crisis in Indonesia. They end their voyage hauled before the Singaporean and Malaysian courts and are punished with a prison sentence or a caning.
Tue, 24 Mar 1998
Milk producers agree to cut prices up to 20%
Milk producers agree to cut prices up to 20% JAKARTA (JP): Milk producers agreed yesterday to reduce factory prices of their products between 10 percent and 20 percent in response to a mounting outcry over the good's soaring cost.
Tue, 24 Mar 1998
Stock prices end lower on news of SBI rate rise
Stock prices end lower on news of SBI rate rise JAKARTA (JP): Prices on the Jakarta Stock Exchange (JSX) reversed their upward trend yesterday on news of the increase in interest rates on Bank Indonesia's promissory notes (SBI), brokers said.
Tue, 24 Mar 1998
Rates for Tax Payment
Rates for Tax Payment JAKARTA (JP): The 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, valid from March 23 to March 29: U.S. dollar 1 Rp 10,278.00Austrian shilling 1 798.
Tue, 24 Mar 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:45 TV Series: The Big Valley 3:10 Teen Program: Remaja Indonesia 3:35 Development Program: Hamkamnas 4:00 Regional News 4:30 Teen Drama: Yang Bersemi di Hati 5:00 English Lessons 5:25 Variety Show 5:30 Documentary: Hijau Bumiku 6:00 News: Lintasan Berita...
Tue, 24 Mar 1998
BI raises amount of cash allowed abroad to Rp 5m
BI raises amount of cash allowed abroad to Rp 5m JAKARTA (JP): Bank Indonesia, the central bank, has raised the ceiling for the amount of rupiah allowed to be physically carried out of or into the country to Rp 5 million (US$555) per person from Rp 50,000.
Tue, 24 Mar 1998
Ranariddh plans March 30 return to Cambodia: Aide
Ranariddh plans March 30 return to Cambodia: Aide BANGKOK (Agencies): Ousted Cambodian first premier Prince Norodom Ranariddh plans to return to Cambodia on March 30 following his pardon by his father, an aide said yesterday.
Tue, 24 Mar 1998
ASEAN to seek statement on crisis
ASEAN to seek statement on crisis NASUGBU, Philippines (AFP): The Association of Southeast Asian Nations (ASEAN) will seek a special leaders' statement at a London meeting urging other nations to do more to address the regional currency crisis, an official said here Monday.
Tue, 24 Mar 1998
250 RI workers repatriated from KL
250 RI workers repatriated from KL PEKANBARU, Riau: Some 250 Indonesian workers have been repatriated from Malaysia through the nearby port of Dumai each week for the past two months.Head of the Dumai immigration office, Taswem Tarib, said a ship docked in port at least once a week carrying...
Tue, 24 Mar 1998
Man arrested for subletting vehicles
Man arrested for subletting vehicles BOGOR (JP): Police have arrested a man for allegedly subletting rented cars, Lt. Col. Edmon Ilyas, the chief of the Bogor Police precinct, said yesterday.Edmon said that officers arrested the suspect, identified as Badrudin, 52, based on information and...
Tue, 24 Mar 1998
IMF 'flexible' on subsidy issues
IMF 'flexible' on subsidy issues JAKARTA (JP): The International Monetary Fund (IMF) is prepared to be flexible in ongoing negotiations with the Indonesian government on subsidy issues, including in the fuel sector, an IMF official said yesterday.
Tue, 24 Mar 1998
Crisis and confidence
Crisis and confidenceFrom Bisnis IndonesiaWe appreciate the step taken by the President and his ministers to contribute their basic salaries for one year to help those who have been laid off from work in the wake of the economic crisis.
Tue, 24 Mar 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 23, 1998: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 700 -25 13,000 AHAP Insurance 500 0 0 Alter Abadi 575 -25 142,500 Alumindo Light Metal 400 25 2,377,000...
Tue, 24 Mar 1998
PT Gresik Gases builds new plant
PT Gresik Gases builds new plant JAKARTA (JP): PT Gresik Gases Indonesia is developing an industrial gas plant in Gresik, East Java, with a daily production capacity of 1,100 tons of oxygen, the company said yesterday.
Tue, 24 Mar 1998
Seventeen deported from Pangkalpinang
Seventeen deported from Pangkalpinang PANGKALPINANG, South Sumatra: Immigration officials here have deported 17 foreigners this year.Head of the local immigration office, A Malik, said the 17 people deported came from Thailand, Vietnam and Singapore.
Tue, 24 Mar 1998
Forex tax canceled for IMF package
Forex tax canceled for IMF package JAKARTA (JP): The government's decision to go back on its plan to impose a 5 percent tax on foreign exchange purchases is to allow the IMF-sponsored reform package to stabilize the rupiah, a senior official said yesterday.
Tue, 24 Mar 1998
Raw sugar premiums steady in Thailand
Raw sugar premiums steady in Thailand BANGKOK (Reuters): Thai raw sugar premiums were steady this week as re-purchases by sugar mills slowed, trade sources said yesterday.Thailand has so far met most of its export commitments to Indonesia, its biggest white sugar buyer this year, they said.
Tue, 24 Mar 1998
Multipolar to battle on against Wal-Mart
Multipolar to battle on against Wal-Mart JAKARTA (JP): PT Multipolar Corporation, a publicly listed retailer, announced yesterday that it will continue with legal proceedings against its U.S. partner, retail giant Wal-Mart, despite a call from a U.S. district judge to halt the action.
Tue, 24 Mar 1998
Hermawan waits for bonus
Hermawan waits for bonus JAKARTA (JP): Former badminton star Hermawan Susanto demanded yesterday the Badminton Association of Indonesia hand over his bonus worth US$4,500 for winning the Malaysia Open last July.
Tue, 24 Mar 1998
Amien denies allegations of conspiracy against govt
Amien denies allegations of conspiracy against govt JAKARTA (JP): Government critic Amien Rais dismissed allegations that he and several colleagues conspired in a recent meeting to disrupt stability and order as "worthless" yesterday.
Tue, 24 Mar 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on March 23, 1998: Buying Selling Rp Rp U.S. dollar 1 8,500.00 10,500.00Austrian shilling 1 605.10 815.40Australian dollar 1 5,362.20 6,767.00Belgian franc 1 213.70 268.20Canadian dollar 1 5,704.
Tue, 24 Mar 1998
Actress Ratna unable to present lawsuits on police
Actress Ratna unable to present lawsuits on police JAKARTA (JP): The hearings of lawsuits filed by popular stage actress Ratna Sarumpaet and five other people against the police were postponed yesterday because the police did not release the plaintiffs from detention.
Tue, 24 Mar 1998
Crisis help
Crisis helpFrom Media IndonesiaThe government has taken an impressive step to relieve the people's suffering by appealing to high-ranking officials to contribute to the government.The President, his ministers and officials of the first echelon are contributing their basic salaries for one year to...
Tue, 24 Mar 1998
BI places $500m at 5 foreign banks
BI places $500m at 5 foreign banks JAKARTA (JP): Bank Indonesia has placed US$100 million at each of five foreign banks as a guarantee for letters of credits (L/Cs) issued by local state banks.Bank Indonesia director of monetary and economic statistics, Miranda S.
Tue, 24 Mar 1998
81,456 workers lose jobs
81,456 workers lose jobs JAKARTA (JP): A total of 81,456 people have been fired and another 3,381 laid off across the capital since January because of the deteriorating economic crisis, an official said yesterday.S.
Tue, 24 Mar 1998
Interest rates raised to curb inflation
Interest rates raised to curb inflation JAKARTA (JP): Bank Indonesia (BI) raised interest rates on its short-term promissory notes (SBIs) again yesterday for all terms except overnight in an effort to curb inflation and strengthen the rupiah.
Tue, 24 Mar 1998
ABRI defuses tension with food bazaar
ABRI defuses tension with food bazaarBy Ridwan Max Sijabat BANDUNG (JP): Contrary to charges, the Armed Forces have not responded to intensifying demonstrations over staple food prices with force alone.
Tue, 24 Mar 1998
Bank Tamara seeking local merger partners
Bank Tamara seeking local merger partners JAKARTA (JP): Publicly listed Bank Tamara is seeking to merge with local banks to meet the new paid-up capital requirement of Rp 1 trillion (about US$100 million) by the end of this year, a bank executive said here yesterday.
Mon, 23 Mar 1998
Departure tax
Departure tax I would like to express my opinion about the increase of the departure tax. I am a victim of this new Rp 1 million tax, which was only Rp 250,000 previously. I gather that the government has increased the departure tax to discourage Indonesians from spending their money abroad.
Mon, 23 Mar 1998
New forex tax 'may not be appropriate'
New forex tax 'may not be appropriate' JAKARTA (JP): The new 5 percent tax on foreign exchange transactions which came into effect today will have little effect in stabilizing the rupiah because it will not prevent substantial speculation on the currency, experts said over the weekend.
Mon, 23 Mar 1998
Ranariddh pardoned, peace plan back on track
Ranariddh pardoned, peace plan back on track PHNOM PENH (AFP): An international peace plan for Cambodia was back on track yesterday after the king pardoned his son deposed co-premier Prince Norodom Ranariddh, but politicians and diplomats remained cautious about the prospects for fair elections.
Mon, 23 Mar 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:45 TV Series: The Big Valley 3:10 TV Drama: Saat-Saat Bersama 3:35 Belief in God the Almighty 4:00 Regional News 4:30 Health Program: Perawatan Gigi 5:00 Indonesian Lessons 5:25 Variety Show 5:30 Documentary Film 6:00 News: Lintasan Berita 6:05 Nusantara,...
Mon, 23 Mar 1998
Govt to help worker facing execution in Saudi Arabia
Govt to help worker facing execution in Saudi Arabia JAKARTA (JP): The government will soon dispatch a lawyer to help Indonesian worker Dimyati Usro who has reportedly been convicted and sentenced to death for the murder of his wife, Jumanah, in the oil-rich country of Saudi Arabia, Minister of...
Mon, 23 Mar 1998
Independent judicial branch needed: Muladi
Independent judicial branch needed: Muladi JAKARTA (JP): Minister of Justice Muladi said the judicial branch could build a respected and effective legal system only if it was free from intervention from the executive and legislative branches.
Mon, 23 Mar 1998
Bridge-making competition
Bridge-making competition JAKARTA (JP): Jakarta's Tarumanagara University, Petra Christian University of Surabaya and the Illinois Institute of Technology (IIT) of Chicago held a wooden bridge construction competition last week.
Mon, 23 Mar 1998
So young, so broke
So young, so broke JAKARTA (JP): Accompanied by their mother, three pupils of an elementary school in East Jakarta went to the Ministry of Women's Affairs to ask for money for their school fees Thursday.
Mon, 23 Mar 1998
State bureaucracy reform needed to face challenges
State bureaucracy reform needed to face challenges DEPOK, West Java (JP): Indonesia's sluggish and centralistic bureaucracy needs to be reformed in order to address people's increasing demands for better services and face international challenges, an expert says.
Mon, 23 Mar 1998
Student protests, moral movement without interests?
Student protests, moral movement without interests?By Asip Agus Hasani YOGYAKARTA (JP): Over the last several weeks, hardly a day went by without a group of students holding on-campus demonstrations to demand lower prices for basic commodities and economic and political reforms.
Mon, 23 Mar 1998
Neglected land to be cultivated
Neglected land to be cultivated BOGOR (JP): Bogor regency is planning to use about 20,000 hectares of idle land in the city, an officer said Saturday.Duddy Sujudi, head of the regency's agency for development planning, said plots which had been neglected by landowners for over 20 years would be...
Mon, 23 Mar 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Art Exhibition: The Winning Entries of The ASEAN Essay, Photo, and Poster Competitions at 10 a.m. to 4 p.m. (except Saturday and Sunday), the ASEAN Secretariat, Jl. Sisingamangaraja 70A, South Jakarta (Phone: 7262991, 7243372), until April 30.
Mon, 23 Mar 1998
Asian currencies likely to stay strong
Asian currencies likely to stay strong SINGAPORE (AFP): Asian currencies, which last week posted one of their best recoveries against the U.S. dollar following regional foreign exchange turmoil, are expected to maintain their upward trend this week, analysts said.
Mon, 23 Mar 1998
Elephants' habitat under threat
Elephants' habitat under threat PEKANBARU, Riau: Special attention must be given to saving some 200 elephants in the forests of Riau which have been ravaged by fires, said Riau Governor Soeripto.Soeripto maintained that much of the haze covering the province came from fires outside the province,...
Mon, 23 Mar 1998
RI situation feared to erode Asian gains
RI situation feared to erode Asian gains SINGAPORE (AFP): A further deterioration in Indonesia's economic situation due to a lack of clear government policies could erode progress made by other Asian governments, an independent risk consultancy said."Indonesia is the wildcard.