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Fri, 17 Apr 1998
50 homes torn down
50 homes torn down JAKARTA (JP): West Jakarta mayoralty officers have torn down 50 homes in the first stage of the Angke River normalization project, even though few owners have agreed to the compensation set by the mayoralty.
Fri, 17 Apr 1998
G7 urges RI to stick to reform program
G7 urges RI to stick to reform program WASHINGTON (Reuters): The Group of Seven rich industrialized nations on Wednesday welcomed Indonesia's latest package of reforms and said Jakarta had to keep its economic promises to win back market confidence.
Fri, 17 Apr 1998
Two killed in East Timor raid
Two killed in East Timor raid DILI, East Timor (JP): Two people were killed when the army yesterday raided a house used by Fretilin separatist guerrillas as an ammunition depot.The raid occurred Tuesday evening after the military was given a tip by local residents.Brig. Gen. Willem T.
Fri, 17 Apr 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 16, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 650 0 92,000 AHAP Insurance 500 0 0 Alter Abadi 1,000 -100 143,000 Alumindo Light Metal 425 0...
Fri, 17 Apr 1998
UIC's profit down
UIC's profit down JAKARTA (JP): Publicly listed PT Unggul Indah Corporation (UIC) has announced an 85 percent decline in net profit to Rp 6.2 billion in 1997 from Rp 40.7 billion the previous year.Company president Hartono Gunawan said in a statement yesterday that the sharp decline was caused by...
Fri, 17 Apr 1998
PHRI warns tourism drop worse than govt thought
PHRI warns tourism drop worse than govt thought JAKARTA (JP): The Indonesian Hotel and Restaurant Association (PHRI) says the tourist industry may be dealt a harder blow than the government anticipated.
Fri, 17 Apr 1998
Danareksa gets award
Danareksa gets award JAKARTA (JP): State-owned Danareksa Sekuritas has been named the country's investment bank of 1997 by Asiamoney magazine.The Hong Kong-based magazine said in a statement yesterday that it selected Danareksa as the investment bank of the year because it performed strongly in...
Fri, 17 Apr 1998
Actress suffers from fever in cell
Actress suffers from fever in cell JAKARTA (JP): Actress and playwright Ratna Sarumpaet, currently detained at the Jakarta Police Headquarters on charges of holding an illegal political meeting, is sick, her lawyer said yesterday.
Fri, 17 Apr 1998
Massive operation against dengue
Massive operation against dengue JAKARTA (JP): The city administration will launch a massive anti-dengue fever operation on April 26 in a bid to fight the disease which this year has killed 43 people and hospitalized 3,993 as of yesterday.
Fri, 17 Apr 1998
Activists move to cleanse Earth through solidarity
Activists move to cleanse Earth through solidarity JAKARTA (JP): Earth Mother is crying. Her agony is manifested in a series of natural disasters, economic and political turmoil and other catastrophes that befall Earth.
Fri, 17 Apr 1998
Soeharto concerned by inaccurate media reports
Soeharto concerned by inaccurate media reports JAKARTA (JP): President Soeharto expressed concern yesterday over media reports on the country's situation which he believed to be inaccurate and misleading.
Fri, 17 Apr 1998
Streamlined learning load works best
Streamlined learning load works bestBy Hendra Gunawan BANDUNG (JP): It is often said that you can do anything as long as you have the motivation and the ability to do it. But actually there is another thing you must also have, namely the opportunity.
Fri, 17 Apr 1998
KL tears down Spratly buildings
KL tears down Spratly buildings MANILA (AP): Malaysia has dismantled structures its navy erected on a shoal claimed by the Philippines in the South China Sea's disputed Spratly Islands, the Department of Foreign Affairs said yesterday.
Thu, 16 Apr 1998
Why Australia matters to Indonesia
Why Australia matters to IndonesiaBy Dewi Anggraeni MELBOURNE (JP): Wise people say that you only know your friends when you are going through bad times. And true friends, it is fair to say, do not make a song and dance about what they do to assist you.
Thu, 16 Apr 1998
NU urges ABRI to join reform movement
NU urges ABRI to join reform movement JAKARTA (JP): Nahdlatul Ulama (NU), Indonesia's largest Moslem social organization, called on the Armed Forces (ABRI) yesterday to join the growing movement for political reforms.
Thu, 16 Apr 1998
Five plantation companies ready to go public: Minister
Five plantation companies ready to go public: Minister PARUNG PANJANG, West Java (JP): Shares in five state plantations companies are to be floated on stock exchanges this year, Minister of Forestry and Plantations Sumahadi said yesterday.
Thu, 16 Apr 1998
Soeharto tells students to study
Soeharto tells students to study JAKARTA (JP): President Soeharto called on Indonesian students yesterday to return to class and develop their competitiveness in order to face the future.Soeharto also said that university campuses should return to their original function as learning institutions.
Thu, 16 Apr 1998
USAID to donate 30,700 tons
USAID to donate 30,700 tons WASHINGTON (Reuters): The U.S. Agency for International Development will donate 30,700 tons of rice and 1,040 tons of a wheat/soy blend to Indonesia under title II of the PL-480 program, a USAID spokeswoman said Tuesday.The rice is valued at about US$15.
Thu, 16 Apr 1998
E. Timor bishops leave for Vatican
E. Timor bishops leave for Vatican DILI, East Timor: Bishop Carlos Felipe Ximenes Belo and Bishop Basilio do Nascimento, of the Dili and Baucau dioceses respectively, will attend an Asian bishop conference in Vatican City from April 18 to April 30, Antara reported yesterday.
Thu, 16 Apr 1998
Waiter tried for keeping Ecstasy
Waiter tried for keeping Ecstasy JAKARTA (JP): A prosecutor asked West Jakarta District Court yesterday to sentence a discotheque waiter to four years in prison and fine him Rp 150 million (US$19,700) for possessing 12 Ecstasy pills.
Thu, 16 Apr 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 15, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 650 0 0 AHAP Insurance 500 0 0 Alter Abadi 1,100 175 77,500 Alumindo Light Metal 425 0 125,500...
Thu, 16 Apr 1998
Tangerang gives IMF new meaning
Tangerang gives IMF new meaning TANGERANG (JP): Although remaining popular for bailing Indonesia out of its economic abyss, the IMF has a new meaning in the mayoralty.Bureaucrats and impoverished citizens have jestingly used the acronym to stand for Irit, Murah, Faedah (economical, cheap, useful),...
Thu, 16 Apr 1998
Murder suspect 'fully' sane
Murder suspect 'fully' sane JAKARTA (JP): A psychological test completed Monday on the suspect in a triple murder investigation in Jagakarsa showed that he was fully sane, according to the police.City Police spokesman Lt. Col. E.
Thu, 16 Apr 1998
Concerns over reform drag down rupiah again
Concerns over reform drag down rupiah again JAKARTA (JP): The crippled rupiah fell for the second consecutive day yesterday on market apprehension over the country's commitment to thoroughly implementing the revised reforms, currency dealers said.The rupiah, which opened at 7,700/7,800, closed 2.
Thu, 16 Apr 1998
Foreign lawyers' illegal practice?
Foreign lawyers' illegal practice? Police questioned recently a number of expatriates who allegedly practice as counsels/lawyers through a limited liability company (PT).This investigation should be praised and receive support from all Indonesian lawyers.
Thu, 16 Apr 1998
SPP suspends RI operations
SPP suspends RI operations SINGAPORE (Reuters): Singapore's construction-based SPP Ltd said yesterday its Indonesian subsidiary plunged into the red in the second half of last year and it had suspended operations in the country.
Thu, 16 Apr 1998
Dairy farmers' output drops
Dairy farmers' output drops PURWOKERTO, Central Java (JP): At least 500 dairy farmers in Purwokerto, a dairy center in Central Java, are experiencing declining output due to increasing feedmeal prices.The chairman of the Pesat dairy cooperative, Siswadi, said that milk produced by the farmers' cows...
Thu, 16 Apr 1998
Govt expects to raise Rp 15t from privatization
Govt expects to raise Rp 15t from privatization JAKARTA (JP): The government projects it will raise Rp 15 trillion (US$1.87 billion) from its divestment in 12 state companies during the 1998/1999 fiscal year, a senior official said yesterday.
Thu, 16 Apr 1998
Puncak Jaya a herbal haven
Puncak Jaya a herbal haven JAYAPURA, Irian Jaya: At least 45 kinds of medicinal herbs have been found at the natural reserve of Puncak Jaya mountain here by the researchers of the Indonesian Institute of Sciences (LIPI).
Thu, 16 Apr 1998
Refiners must be efficient: Kuntoro
Refiners must be efficient: Kuntoro JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto has urged state oil and gas firm Pertamina to improve efficiency at its refineries to offset the government's planned move to cut fuel subsidies.
Thu, 16 Apr 1998
Minister turned off by gory TV programs
Minister turned off by gory TV programs JAKARTA (JP): Private television stations were reminded yesterday of their role as a medium to foster unity and educate the public, and were told not to dramatize news reports with graphic footage.
Thu, 16 Apr 1998
Workers take grievances to rights commission
Workers take grievances to rights commission JAKARTA (JP): Hundreds of workers from three Jakarta-based companies protested their dismissals to the National Commission on Human Rights yesterday.Workers of PT Yota Megah, Bouraq Airlines and PT Masindo Multimedia told commission members they had been...
Thu, 16 Apr 1998
Collision kills 13 in Kutai
Collision kills 13 in Kutai SAMARINDA, East Kalimantan: Thirteen people were killed and three others injured when two trucks collided in a dusty road near Separi Besar village, Kutai district, East Kalimantan late Monday afternoon.
Thu, 16 Apr 1998
Cue cancels Saga deal
Cue cancels Saga deal OSLO (Reuters): Saga Petroleum ASA said yesterday that Cue Energy Resources NL of New Zealand had pulled out of a deal to buy Saga's 50 percent stake in the Jambi Merang oil prospect in Indonesia.
Thu, 16 Apr 1998
Macquarie cancels RI plan
Macquarie cancels RI plan SYDNEY (Dow Jones): Australia's Macquarie Bank Ltd. said yesterday it has canceled a joint venture with PT Bank Private Development Finance Company of Indonesia (PDFCI).The move comes after the Indonesian Bank Restructuring Authority (IBRA) took control of Bank PDFCI's...
Thu, 16 Apr 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on April 15, 1998: Buying Selling Rp Rp U.S. dollar 1 7,250.00 8,750.00Austrian shilling 1 565.50 677.60Australian dollar 1 4,790.40 5,370.80Belgian franc 1 199.90 222.90Canadian dollar 1 5,188.
Thu, 16 Apr 1998
Govt vows to lift CPO ban on time
Govt vows to lift CPO ban on time JAKARTA (JP): The International Monetary Fund (IMF) said yesterday it had been assured by the government that the export ban on crude palm oil (CPO) and its derivatives would be removed April 22 as agreed to in the latest reform package announced last week.
Thu, 16 Apr 1998
U.S. hopes Indonesia will impose IMF reforms
U.S. hopes Indonesia will impose IMF reforms JAKARTA (JP): United States Assistant Secretary of State for East Asian and Pacific Affairs Stanley Roth expressed hope yesterday that Indonesia would consistently implement its pledge to see through the International Monetary Fund (IMF) reforms.
Thu, 16 Apr 1998
50% of city bus, minibus fleets 'off the streets'
50% of city bus, minibus fleets 'off the streets' JAKARTA (JP): About 50 percent of the city's more than 10,000 buses and minibuses cannot operate on the streets due to the impact of the current monetary crisis, a City Land Transportation Agency official said yesterday.
Thu, 16 Apr 1998
West Jakarta fires leave 1,500 homeless
West Jakarta fires leave 1,500 homeless JAKARTA (JP): Fires in Tomang and Krukut, West Jakarta, destroyed more than 140 houses yesterday, leaving about 1,500 people homeless, firefighters said.No injuries were reported in either incident and estimates on the value of material loss were not...
Thu, 16 Apr 1998
Thai holiday toll at 70 deaths
Thai holiday toll at 70 deaths BANGKOK (AP): Road accidents in Thailand during the five-day Buddhist New Year's holiday have killed 70 people so far, highway police said yesterday.During the holiday, many Thais who work in Bangkok travel back to their ancestral homes in the provinces, jamming roads...
Thu, 16 Apr 1998
Students intensify pressure for reforms
Students intensify pressure for reforms JAKARTA (JP): Thousands of students kept up their demands for reforms and lower prices of basic commodities yesterday in on- campus rallies organized concurrently at dozens of universities.
Thu, 16 Apr 1998
Asian markets mostly down ahead of G-7 meeting
Asian markets mostly down ahead of G-7 meeting HONG KONG (AP): Most Asian markets closed lower yesterday prior to a meeting of world finance ministers, with Malaysia's key index tumbling three percent on company liquidation fears.Kuala Lumpur's benchmark Composite Index fell 20.
Thu, 16 Apr 1998
Local rider wins Tour stage
Local rider wins Tour stage CEBU, Philippines (AP): Filipino Virgilio Durain pushed hard in the last 100 meters yesterday to narrowly win a four-kilometer (2.5-mile) prologue to the 2,494-kilometer (1,558-mile) Tour of the Philippines.
Thu, 16 Apr 1998
IMF confident latest plan will work
IMF confident latest plan will work WASHINGTON (Reuters): International Monetary Fund chief Michel Camdessus said on Tuesday he was confident the latest rescue package for Indonesia would work and rejected criticism of the IMF's approach to Jakarta's problems.
Thu, 16 Apr 1998
Students want rector to resign
Students want rector to resign TANGERANG (JP): Syech Yusuf Islamic University's 32nd anniversary reception ended in chaos Tuesday night when hundreds of students staged a surprise demonstration demanding their rector's resignation.
Thu, 16 Apr 1998
'La Nina' looms for Philippines
'La Nina' looms for Philippines MANILA (AP): The Philippines, still reeling from the effects of a severe drought caused by the El Nino weather phenomenon, is now bracing for floods from a La Nina that may follow, officials said yesterday.
Thu, 16 Apr 1998
Garuda offers delivery service
Garuda offers delivery service JAKARTA (JP): National flag carrier Garuda Indonesia launched an express delivery service to 10 major cities across the country and Singapore.The firm's commercial director, Sudarso Kaderi, said Garuda Express Delivery would emphasize "speed, accuracy and customers'...
Thu, 16 Apr 1998
Officers learn on the English language beat
Officers learn on the English language beat JAKARTA (JP): The Police Language School (Sebasa) held an English speech contest here Tuesday in an effort to help officers polish their language skills.The school's head, Col.
Thu, 16 Apr 1998
Govt cannot wash its hands of missing people
Govt cannot wash its hands of missing people The fate of several missing people, most of whom are government critics and student activists, remains a mystery, even though some disappeared a year ago. Corporate lawyer and human rights activist Mulya Lubis shares his view on what should be done.