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Thu, 30 Apr 1998
Govt set to raise fuel, electricity prices soon
Govt set to raise fuel, electricity prices soon JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto confirmed yesterday the government would soon increase fuel and electricity prices to cut the government's large subsidies.
Thu, 30 Apr 1998
Forest harvest limited
Forest harvest limited JAKARTA (JP): Director General of Forest Utilization Titus Sarijanto said yesterday that timber companies must not fell more than their annual quota.He said the forestry and plantations ministry was considering whether to impose a penalty on those who breached the regulation.
Thu, 30 Apr 1998
BUN excluded from list in Nusamba's merger plan
BUN excluded from list in Nusamba's merger plan JAKARTA (JP): The Nusamba Group has removed publicly listed Bank Umum Nasional (BUN) from its bank merger program, a group executive said yesterday.BUM's removal means only Nusamba Group's three other banks will merge.
Thu, 30 Apr 1998
More Megawati supporters jailed for staging rally
More Megawati supporters jailed for staging rally JAKARTA (JP): Another 35 supporters of Megawati Soekarnoputri were sentenced yesterday to between two months and 18 days or two months and 20 days in jail for holding a street rally.
Thu, 30 Apr 1998
Activist seeks refuge in Holland
Activist seeks refuge in Holland JAKARTA (JP): Political activist Pius Lustrilanang, who recently divulged that he was kidnapped and tortured by a gang of unidentified men, has sought peace of mind and physical safety in Holland, his lawyer said here yesterday."Pius has gone.
Thu, 30 Apr 1998
Soeharto receives new Turkish, Chinese envoys
Soeharto receives new Turkish, Chinese envoys JAKARTA (JP): President Soeharto received the credentials of new ambassadors yesterday in a ceremony without speeches for the first time, marking a new protocol in state ceremony.
Thu, 30 Apr 1998
Kupang detains smugglers
Kupang detains smugglers KUPANG, East Nusa Tenggara: Three alleged smugglers of illegal immigrants are still in custody at the local immigration office following their capture two weeks ago.Antara identified the three as Malaysians Zet Husein bin Zet Ali, 39, and Abdullah Hamid bin Sira, 47, and...
Thu, 30 Apr 1998
U.S. urges full probe into abduction report
U.S. urges full probe into abduction report WASHINGTON (Reuters): The United States said the reported abduction and torture of an opposition activist in Indonesia was disturbing, and urged the government to mount a full investigation.
Thu, 30 Apr 1998
Polysindo's profit drops
Polysindo's profit drops JAKARTA (JP): Publicly listed PT Polysindo Eka Perkasa, the country's largest integrated producer of polyester, announced a 81 percent decline in its net profit to Rp 32 billion (US$4.2 million) in 1997, down from Rp 169.80 billion in 1996.
Thu, 30 Apr 1998
Dutch-Indonesian Trade Information
Dutch-Indonesian Trade Information 1994 1995 1996 1997--------------------------------------------------------------Investments in US$ 173.4 360 1,329.5 319.5Number of projects 13 20 27 22Export (Nfl) 779.3 1,244.7 752.8 1,076.5 CBS (US$) 563.8 842.1 493.2 565.9 BPSImport (Nfl) 1,845.2 1,743.
Thu, 30 Apr 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on April 29, 1998: Buying Selling Rp Rp U.S. dollar 1 7,700.00 8,700.00Austrian shilling 1 588.00 702.20Australian dollar 1 4,996.80 5,573.40Belgian franc 1 207.80 230.80Canadian dollar 1 5,364.
Thu, 30 Apr 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 29, 1998: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 600 -50 40,000 AHAP Insurance 500 0 0 Alter Abadi 1,000 -50 131,000 Alumindo Light Metal 375 -25...
Thu, 30 Apr 1998
Dutch still popular language among Jakartans
Dutch still popular language among JakartansBy Marieke van Heek JAKARTA (JP): It's been more than half a century since Dutch troops left Indonesia. Yet, the 350 years of colonialism still influences the country.
Thu, 30 Apr 1998
President and wise man
President and wise man The fate of the editor in chief of Detektif and Romantika magazine is still unclear. I am referring to whether the police dossier on him has been submitted to the Attorney General's Office and whether the case is ready to go to court.As we all know.
Thu, 30 Apr 1998
Summers still concerned about RI's situation
Summers still concerned about RI's situation WASHINGTON (Reuters): U.S. Deputy Treasury Secretary Lawrence Summers said on Tuesday he was more encouraged by events in Asia now than a few months ago, but the situation in Indonesia remained "extraordinarily difficult.
Wed, 29 Apr 1998
Telecommunication failures rectified
Telecommunication failures rectifiedBy Reiner Simanjuntak SINGAPORE (JP): New telecommunications technology has offered telecom carriers a cheaper and more resilient way to increase their network capacity in transmitting voice and data signals, to meet the rising demand on telecom services like...
Wed, 29 Apr 1998
Oil output off Timor to start
Oil output off Timor to start TOKYO (Reuters): Production at two oil fields off Timor will start in July once remodeling of a floating production, storage and offloading (FPSO) unit for the project is finished in May, the FPSO operator said on Monday.Operator Modec Inc.
Wed, 29 Apr 1998
Wildlife dying in RP sanctuary
Wildlife dying in RP sanctuary CALAUIT, Philippines (AP): African and other animals in a Philippine sanctuary are dying because of a long drought attributed to the El Nino weather phenomenon, sanctuary officials say.
Wed, 29 Apr 1998
Filipino wins 11th leg of Tour of Philippines
Filipino wins 11th leg of Tour of Philippines MANILA (AP): Cyclist Enrique Domingo won yesterday's 11th stage of the Tour of the Philippines, but Warren Davadilla kept the overall lead by tying with his closest challenger, Arnel Quirimit.All three are members of the Philippine team.
Wed, 29 Apr 1998
Asian currencies firm as greenback gets in a twist
Asian currencies firm as greenback gets in a twist SINGAPORE (Reuters): Asian currencies were largely steady in late yesterday trade as the U.S. dollar grappled with conflicting reports about the likelihood of a near-term U.S. interest rate hike.
Wed, 29 Apr 1998
Asian have modern views on marriage: Survey
Asian have modern views on marriage: Survey SINGAPORE (JP): The latest Asian Ideals survey, conducted by MasterCard International, revealed that Asians have modern attitudes towards money matters in marriages.
Wed, 29 Apr 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film: White Lies 3:05 Family's Film: Road to Avonlea 4:00 Regional News 4:30 Teen Program: Remaja Indonesia 5:00 Science and Technology 5:30 Education Quiz: Cepat Tepat 6:05 My Country: Rona Nusantara 6:15 Sports 6:30 TVRI News (in...
Wed, 29 Apr 1998
Health concern in Commonwealth
Health concern in Commonwealth WELLINGTON (AP): New Zealand team doctor Richard Edmond said yesterday he had serious concerns about the dangers of smog at September's Commonwealth Games in Kuala Lumpur.
Wed, 29 Apr 1998
Only one king
Only one king At my age (I am about 70, although I often feel 17 in spirit), I need a new challenge every morning when I get up and have my coffee.I decided to subscribe to The Jakarta Post, believe it or not, merely because of its Chess Quiz.
Wed, 29 Apr 1998
Consumer agency holds poll on planned sticker system
Consumer agency holds poll on planned sticker system JAKARTA (JP): The Indonesian Consumers Foundation (YLKI) is conducting a public poll on the planned traffic sticker system to find out what people really think, its vice chairman said yesterday.
Wed, 29 Apr 1998
Court sentences shaman to death for serial murders
Court sentences shaman to death for serial murders JAKARTA (JP): Lubuk Pakam District Court in North Sumatra sentenced Akhmad Suraji, a 47-year-old local shaman, to death for the murder of 42 women over a 10 year period on Monday.
Wed, 29 Apr 1998
Efficiency the key to keeping one's job
Efficiency the key to keeping one's job JAKARTA (JP): At a time when companies are laying off workers in droves, being efficient in the workplace could be the difference between keeping or losing one's job, three top women executives believe.
Wed, 29 Apr 1998
Nigerian soccer player on trial for heroin deal
Nigerian soccer player on trial for heroin deal JAKARTA (JP): A Nigerian soccer player was indicted at Central Jakarta District Court on Monday for his role in the sale of 35 grams of heroin.Prosecutor R.
Wed, 29 Apr 1998
Moslems greet new year with prayers for end to crisis
Moslems greet new year with prayers for end to crisis SEMARANG (JP): Moslems in Central Java greeted the beginning of the 1419 Islamic year of Hijr on Monday by holding mass prayers for an end to the economic crisis.
Wed, 29 Apr 1998
Traffic sticker system
Traffic sticker system I was disappointed that the Indonesian Consumers Association (YLKI) has objected to the concept of the traffic sticker system (The Jakarta Post, April 22), and I would ask them to reconsider the matter before proposed discussions with City Council.
Wed, 29 Apr 1998
PLN turns to oil supply
PLN turns to oil supply LONDON (Reuters): Indonesian state power utility PT Perusahaan Listrik Negara (PLN) wants to buy more oil products for power generation and cut gas purchases made in hard currency, an energy official said yesterday.
Wed, 29 Apr 1998
Enough is enough
Enough is enough The tearful statement of a recently returned political activist -- kidnapped by a mysterious gang two months ago -- before the National Commission on Human Rights on Monday was too gruesome to bear for most listeners.
Wed, 29 Apr 1998
Tahija retains 10.49% stake in Bank Niaga
Tahija retains 10.49% stake in Bank Niaga JAKARTA (JP): The Tahija family retains a 10.49 percent stake in Bank Niaga after Hashim Djojohadikusumo's Tirtamas Group failed to make full payment on its planned acquirement of the family's shares, a bank spokesman said yesterday.
Wed, 29 Apr 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 27, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 650 0 0 AHAP Insurance 500 0 0 Alter Abadi 1,050 50 176,000 Alumindo Light Metal 400 0 50,500...
Wed, 29 Apr 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 April 27 to May 3: U.S. dollar 1 Rp 7,950.00Austrian shilling 1 629.
Wed, 29 Apr 1998
Senen book haven moves to Depok
Senen book haven moves to Depok JAKARTA (JP): Skyrocketing rents in Senen Market, Central Jakarta, have forced about 30 used book traders there to move to the University of Indonesia campus at Depok, West Java.
Wed, 29 Apr 1998
Volcker blames global markets for Asian mayhem
Volcker blames global markets for Asian mayhem HONG KONG (Reuters): Weak banks, crony capitalism, excessive borrowing and inflated currencies have all borne their share of blame for the Asian financial crisis.
Wed, 29 Apr 1998
I do not represent people's power movement: Gus Dur
I do not represent people's power movement: Gus Dur JAKARTA (JP): Abdurrahman Wahid, the chairman of the 30- million-strong Nahdlatul Ulama (NU) Moslem organization, dismissed speculation Monday that he was becoming a symbol of "people power" in the country.
Wed, 29 Apr 1998
Habibie's new plan for political, economic reform
Habibie's new plan for political, economic reform JAKARTA (JP): Vice President B.J. Habibie reiterated Monday that he had prepared an eight-point plan to be used as the basis for reform of the country's political and economic sectors.
Wed, 29 Apr 1998
Marriage course for Moslems
Marriage course for Moslems SINGAPORE (DPA): In a bid to curb rising divorce rates among Moslems, Singapore authorities have announced that Islamic couples must go through a new marriage preparation class before they are allowed to wed.
Wed, 29 Apr 1998
ADB assists fight against malaria
ADB assists fight against malaria BANJARMASIN, South Kalimantan: The Asian Development Bank (ADB) has earmarked Rp 460 million for the construction of a center to assist in the province's fight against malaria.
Wed, 29 Apr 1998
Where to go in Bandung
Where to go in BandungExhibitions * Photo Exhibition: Asiatica, at Savoy Homann, Panghegar Heritage Hotel, Jl. Asia Afrika No. 112 (Phone: 022 432244), 3 p.m. to 9 p.m., until May 9. * Furniture Exhibition featuring decorative interior furnitures, antique and ethnical goods by Pradipta Gallery at...
Wed, 29 Apr 1998
Student protests turn violence in Medan, Mataram
Student protests turn violence in Medan, Mataram JAKARTA (JP): Thousands of students here and in at least seven other cities across the country staged rallies yesterday and on Monday in protest at the New Order administration's handling of the deepening economic crisis.
Wed, 29 Apr 1998
Strong earthquake rocks Irian Jaya
Strong earthquake rocks Irian Jaya JAKARTA: A powerful earthquake rocked parts of eastern Indonesia yesterday but there were no immediate reports of damage or casualties, the Meteorology and Geophysics Agency said.
Wed, 29 Apr 1998
IMF likely to resume financial aid to RI soon
IMF likely to resume financial aid to RI soon WASHINGTON (Dow Jones): The International Monetary Fund's executive board is expected next week to back resumption of credit outlays to Indonesia, although the initial outlays are likely to total around $1 billion a month, monetary sources said Monday.
Wed, 29 Apr 1998
PSSI to settle debt, Tiger Cup to go on
PSSI to settle debt, Tiger Cup to go on JAKARTA (JP): The second Tiger Cup will remain in Indonesia as scheduled after the All Indonesian Soccer Federation (PSSI) agreed to pay its debt of US$28,000 to the Asian Football Confederation (AFC) by May 14, the federation's secretary said Monday.
Wed, 29 Apr 1998
Asian markets mixed after Wall Street drop
Asian markets mixed after Wall Street drop HONG KONG (AP): Asian stock markets closed generally mixed yesterday despite a large drop overnight on Wall Street, but the key index in Tokyo fell to its lowest level since mid-January.Tokyo's benchmark Nikkei Stock Average of 225 selected issues shed 254.
Wed, 29 Apr 1998
19 people killed in bus accident
19 people killed in bus accident SURABAYA (JP): Nineteen people died instantly and 28 others were injured when a Setia Bakti bus bound for Jakarta from Madura collided with a trailer truck in Tambak Bojo village in Tuban, about 80 kilometers north of here, Monday afternoon.
Wed, 29 Apr 1998
Asians seek crisis cures at ADB meeting
Asians seek crisis cures at ADB meeting GENEVA (Reuters): Financial officials from 56 Asian countries, gathering for the annual meeting of the Asian Development Bank, are looking for ways out of the region's economic crisis.The onus is likely to fall on Japan.
Wed, 29 Apr 1998
Police takes over Games' sticker probe
Police takes over Games' sticker probe JAKARTA (JP): State Minister of Youth Affairs and Sports Agung Laksono has told the police they should not hesitate to question government officials or top businesspeople in connection with an alleged scam in the sale of fund-raising stickers for the 19th...