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Sat, 11 Apr 1998
Ramos lauds Filipino-Americans
Ramos lauds Filipino-Americans WASHINGTON (AP): Philippine President Fidel Ramos, preparing to meet with President Bill Clinton, praised Filipino-Americans for their increasing influence and predicted one would become president of the United States.
Sat, 11 Apr 1998
OECD sees bleak year for crisis-hit Asia
OECD sees bleak year for crisis-hit Asia SINGAPORE (Agencies): The OECD said on Wednesday it saw a bleak year for crisis-hit Asia with recessions in Indonesia and Thailand, and other roaring Tiger economies of the recent past reduced to a crawl.
Sat, 11 Apr 1998
Murky waters
Murky waters Although people are aware the government will increase various tariffs, further burdens for them to bear in this devastating crisis, some circles still registered strong reactions with the Jakarta city administration before it decided on the 25 percent increase in tap water tariffs...
Sat, 11 Apr 1998
Sound banks' minimum capital cut to Rp 250 billion from Rp 1 trillion
Sound banks' minimum capital cut to Rp 250 billion from Rp 1 trillion JAKARTA (JP): Sound commercial banks will be allowed to operate with minimum capital of Rp 250 billion by year's end, down from a requirement of Rp 1 trillion, Minister of Finance Fuad Bawazier said Thursday.
Sat, 11 Apr 1998
Record food shortages threaten Indonesia: UN
Record food shortages threaten Indonesia: UN ROME (Reuters): Indonesia will face a record food deficit this year as a result of lower harvests and a financial crisis that has raised the cost of imports, two UN food agencies said on Thursday.
Sat, 11 Apr 1998
Transmigration target set
Transmigration target set SEMARANG, Central Java: Head of the provincial office of the Ministry of Transmigration Dyah Paramawartiningsih said that it planned to relocate 12,050 families to outlying islands during the 1998/1999 financial year.
Sat, 11 Apr 1998
C. Java layoffs top 440,000
C. Java layoffs top 440,000 SEMARANG, Central Java: Over 440,000 Central Java workers have been laid off as a direct result of the economic crisis afflicting the country.Antara quoted provincial legislator Istadjib as saying that 440,528 people have lost their jobs, of which 350,000 worked in the...
Sat, 11 Apr 1998
Use of stickers for revenue
Use of stickers for revenueFrom NeracaJudging from newspaper reports, the Jakarta administration is set to introduce a regulation requiring private vehicles to buy permits in the form of stickers to enter the three-in-one zone, despite the number of people who have expressed doubt about the...
Sat, 11 Apr 1998
S. Sumatra told to maintain rice production
S. Sumatra told to maintain rice production JAKARTA (JP): President Soeharto ordered South Sumatra Governor Ramli Hasan Basri to maintain the province's position as one of the country's major rice producing areas.
Sat, 11 Apr 1998
Jagakarsa family murder suspect arrested
Jagakarsa family murder suspect arrested JAKARTA (JP): Police arrested a 22-year-old student on Thursday for his alleged role in the killing of a couple and their two-year-old son in Jagakarsa, South Jakarta, on Wednesday.
Sat, 11 Apr 1998
Target dates for reforms
Target dates for reforms JAKARTA (Reuters): Individual target dates for implementation of key points in a reform package announced yesterday.By April 22, 1998:* set minimum capital requirements for banks of Rp 250 billion by end-1998, after loan loss provisions.
Sat, 11 Apr 1998
Grenades found in Malang ditch
Grenades found in Malang ditch MALANG, Central Java: Ten grenades were found in several plastic bags in a sewer on Jl. Tanimber here on Wednesday morning.The grenades were found by residents cleaning the sewer.According to Antara, Malang deputy police chief Lt. Col.
Sat, 11 Apr 1998
Djajanti builds fishery project
Djajanti builds fishery project JAKARTA (JP): The well-diversified Djajanti Group is developing a multi-billion rupiah fisheries and aquaculture venture in Opin, Seram island, Maluku.Halomoan Manurung of Djajanti Group told Antara in Ambon on Wednesday that the project included an integrated shrimp...
Sat, 11 Apr 1998
INACA opposes FedEx flights
INACA opposes FedEx flights JAKARTA (JP): The Indonesian Air Carriers' Association (INACA) said on Thursday that direct flights by U.S. air cargo giant Federal Express (FedEx) to Jakarta threatened the country's airline industry and freight forwarders.
Sat, 11 Apr 1998
Thailand to review INRO membership
Thailand to review INRO membership BANGKOK (Reuters): Thailand plans to review its membership in the International Natural Rubber Organization (INRO), a senior agriculture ministry official on Thursday.
Sat, 11 Apr 1998
Councilor seek price ceiling for milk
Councilor seek price ceiling for milk JAKARTA (JP): City councilors called on the government on Thursday to establish a price ceiling for milk to ensure that it was always available to the public at an affordable price.
Sat, 11 Apr 1998
Sports council advises a rethink on training plans
Sports council advises a rethink on training plans JAKARTA (JP): The National Sports Council, due to financial shortages, has called on all sports organizations whose athletes are now being groomed for the 13th Asian Games to reconsider their tryout plans.
Sat, 11 Apr 1998
25,000 students rally for reform
25,000 students rally for reform JAKARTA (JP): About 25,000 students held noisy but largely peaceful demonstrations demanding reform and clean governance over the past two days in Jakarta, Surabaya, Yogyakarta and other cities in Java.
Sat, 11 Apr 1998
RI migrants still in U.S. embassy
RI migrants still in U.S. embassy KUALA LUMPUR (Reuters): More than 30 Indonesian immigrants forced their way into foreign embassies in Malaysia's capital yesterday in a desperate effort to avoid deportation, but most were quickly turned over to police and locked up.
Sat, 11 Apr 1998
Creditors, debtors meet Wednesday
Creditors, debtors meet Wednesday NEW YORK (Dow Jones): Indonesia and its creditor banks will meet here next Wednesday to establish a framework for restructuring the country's crushing corporate foreign debt, banking sources close to the negotiations said Wednesday.
Sat, 11 Apr 1998
RI's higher education system battles to make advances
RI's higher education system battles to make advances Doctors, lawyers, military officers and artists: these are a few of the professions obtainable by Indonesian students of higher education today.Although Indonesia is still developing its education system, it offers a significant choice of...
Sat, 11 Apr 1998
A new agreement
A new agreement Following Wednesday's meeting of economic ministers, the results of three weeks of negotiations between Indonesia and the International Monetary Fund were made public by the Coordinating Minister for Economy, Finance and Industry/Chairman of the National Development Planning Board...
Sat, 11 Apr 1998
RI's arts, literature in regression
RI's arts, literature in regressionBy Johannes Nugroho SURABAYA (JP): The thunderous roar of disapproval from the contemporary Indonesian arts community in response to Abdul Latief's recent appointment as Minister of Tourism, Arts and Culture is ironic.
Sat, 11 Apr 1998
Asian marts end higher on hopes of tax cuts in Japan
Asian marts end higher on hopes of tax cuts in Japan HONG KONG (AP): Asian stock markets closed mostly higher Thursday on anticipation of tax cut plans in Japan and hopes that Indonesia would start implementing economic reforms under a new agreement with the International Monetary Fund.
Sat, 11 Apr 1998
Workers protest tardy wages
Workers protest tardy wages TANGERANG (JP): About 300 garment workers protested to the regency legislative council Thursday over grievances on salaries and allowances.The workers, mostly women, claimed PT Anugerah in Pasar Kemis subdistrict always postponed their paydays and had scrapped their...
Sat, 11 Apr 1998
Asia over the worst, but more grief to come
Asia over the worst, but more grief to come SINGAPORE (Reuters): Asia is over the worst of its economic crisis, but there is still more suffering to come, Malaysian Deputy Prime Minister Anwar Ibrahim said on Thursday.
Sat, 11 Apr 1998
Haze clouds Brunei's skies
Haze clouds Brunei's skies BANDAR SERI BEGAWAN (AP): The international airport canceled short-distance flights yesterday as thick smoke from nearby forest fires shrouded the country with critical air pollution levels.
Sat, 11 Apr 1998
Govt vows gradual cut in export tax on logs
Govt vows gradual cut in export tax on logs JAKARTA (JP): The government will gradually cut taxes on logs to reach 10 percent in two years to guarantee a sufficient supply for domestic demand, the forestry and plantations minister said Thursday.
Sat, 11 Apr 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on April 9, 1998: Buying Selling Rp Rp U.S dollar 1 8,000.00 9,500.00Austrian shilling 1 549.20 715.40Australian dollar 1 4,765.30 5,803.60Belgian franc 1 194.00 235.30Canadian dollar 1 5,126.
Sat, 11 Apr 1998
House asked to probe consortium's report
House asked to probe consortium's report JAKARTA (JP): The Indonesian Consumers Foundation (YLKI) has urged the House of Representatives to examine the accountability report submitted by the 19th SEA Games (SEAG) underwriting consortium because they believe it lacks transparency.
Sat, 11 Apr 1998
Govt to lift CPO export ban this month: Minister
Govt to lift CPO export ban this month: Minister JAKARTA (JP): The government plans to lift the export ban on crude palm oil (CPO) and its derivatives and replace it with export taxes and quotas later this month, a minister said on Thursday.
Sat, 11 Apr 1998
RP lifts bans on lumber exports
RP lifts bans on lumber exports MANILA (AP): The Philippines has temporarily lifted a 10-year ban on lumber exports to help stabilize its currency, which has been reeling from Asia's financial crisis, an official said Thursday.
Sat, 11 Apr 1998
Involve public in monitoring reforms: Analysts
Involve public in monitoring reforms: Analysts JAKARTA (JP): The government should let the public monitor the implementation of a new agreement for economic reforms it signed with the International Monetary Fund, economists have said.
Thu, 09 Apr 1998
Our last chance
Our last chance Thorough implementation of a revised reform package agreed on yesterday between the government and the International Monetary Fund (IMF) after three weeks of negotiations could be the last chance for Indonesia to get out of its economic crisis.
Thu, 09 Apr 1998
Stock exchange
Stock exchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 8, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 650 0 500 AHAP Insurance 500 0 0 Alter Abadi 750 0 0 Alumindo Light Metal 425 25 347,500 Alumindo...
Thu, 09 Apr 1998
Property owners fall to tenant demands
Property owners fall to tenant demands JAKARTA (JP): Indonesia's currency crisis has prompted owners of office buildings to comply with tenants' request to reduce their foreign exchange exposure, property consultant Procon Indah said yesterday.
Thu, 09 Apr 1998
KPN denies smuggling CPO
KPN denies smuggling CPO MEDAN, N.Sumatra (JP): PT Karya Prajona Nelayan (KPN) has denied that it and its subsidiary, PT Bukit Kapur Reksa, smuggled 38,374 tons of crude palm oil and its derivatives out of the Riau port of Dumai as several newspapers here and in Jakarta reported recently.
Thu, 09 Apr 1998
Two developers violate productive land rules
Two developers violate productive land rules JAKARTA (JP): Two developers have built housing complexes on productive land in the Tangerang mayoralty in violation of a 1990 presidential decree, a media report said yesterday.
Thu, 09 Apr 1998
Japan pledges $2b for RI
Japan pledges $2b for RI TOKYO (Reuters): Prime Minister Ryutaro Hashimoto said yesterday that Japan will extend a total of US$2 billion in loans to Indonesia.Of the total, $1 billion would come be in the form of bilateral loans through the Export-Import Bank of Japan and the other $1 billion would...
Thu, 09 Apr 1998
TV programs
TV programsTodayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film: Kid Pix 3:05 Focus on Jakarta: Segar Jakartaku 3:30 Science Film: Painting The Town 4:00 Regional News 4:30 Creative Program: Karya Kita 5:00 Arabic Lessons 5:30 TV Series 6:00 News: Lintasan Berita 6:05 News: Rona...
Thu, 09 Apr 1998
Canadian agricultural minister due here
Canadian agricultural minister due here JAKARTA (Antara): Canadian Minister of Agriculture and Agri- Food (AAFC) Lyle Vanclief will be visiting Jakarta on April 12 and 13, a press release of the Canadian Embassy in Jakarta said yesterday.
Thu, 09 Apr 1998
Students deserve to be listened to
Students deserve to be listened to Numerous comments, including those from top officials, greeted the proposed dialog between university students and the Armed Forces. Political scientist J. Soedjati Djiwandono hopes the Armed Forces will eventually be willing to listen to what the students have to...
Thu, 09 Apr 1998
ABRI denies East Timorese claim of rights violations
ABRI denies East Timorese claim of rights violations JAKARTA (JP): A group of East Timorese demonstrated outside the National Commission on Human Rights yesterday alleging human rights abuses by the military.
Thu, 09 Apr 1998
Indonesian CPO export ban seen to continue
Indonesian CPO export ban seen to continue SINGAPORE (Dow Jones): Indonesia's ban on palm oil exports is set to continue after it received no mention in the announcement yesterday of its revised economic package, agreed with the International Monetary Fund, by Coordinating Minister for Economy,...
Thu, 09 Apr 1998
Armijn Pane's novel
Armijn Pane's novel It was encouraging to read of Ayu Utami's emergence as a new Indonesian literary talent.But how sad to read in Prasetyohadi's article, April 5, that he attributed Armijn Pane's novel Belenggu (published in 1940) to "distinguished author Sutan Takdir Alisjahbana in 1933", clearly...
Thu, 09 Apr 1998
Where to go in Bandung:
Where to go in Bandung:Exhibitions * Furniture Exhibition featuring decorative interior furnitures, antique and ethnical goods by Pradipta Gallery at the Lobby Preanger Aerowisata Bandung Hotel, Jl. Asia Afrika No. 81 (Phone 022 431631), until April 30.
Thu, 09 Apr 1998
Sulawesi haj swindler arrested
Sulawesi haj swindler arrested UJUNGPANDANG, South Sulawesi: Police have arrested Daeng Beta for allegedly swindling at least 154 would-be haj pilgrims.Daeng was arrested Tuesday evening just as relatives of those who were cheated ransacked his home demanding recompense for their lost money.
Thu, 09 Apr 1998
Indonesia, IMF strike new deal
Indonesia, IMF strike new deal JAKARTA (JP): Indonesia and the International Monetary Fund (IMF) reached an agreement yesterday on a new set of economic reform measures, which for the first time specifically addresses the problem of the country's huge corporate debt owed to foreign banks.
Thu, 09 Apr 1998
Indonesia to Hannover Fair
Indonesia to Hannover Fair JAKARTA (JP): At least seven Indonesian companies will take part in the Hannover Fair '98 from April 20 to April 25, the National Agency for Export Development (NAFED) said yesterday.
Thu, 09 Apr 1998
IMF to tighten monitoring of RI economic reforms
IMF to tighten monitoring of RI economic reforms JAKARTA (JP): The International Monetary Fund (IMF) said yesterday that a new agreement with Indonesia on economic reforms would be closely monitored to assure its full implementation.