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Sat, 04 Apr 1998
Bekasi to start using idle land
Bekasi to start using idle land JAKARTA (JP): Bekasi regent Moch. Djamhari has approved for poor farmers to start cultivating 700 hectares of idle land belonging to property developers until the economic crisis is over.
Sat, 04 Apr 1998
Three local airlines stop flights to Yogyakarta
Three local airlines stop flights to Yogyakarta JAKARTA (JP): Three local privately owned airlines -- Sempati, Mandala and Bouraq -- have stopped flying to Yogyakarta in response to declining number of passengers.
Sat, 04 Apr 1998
RI has yet to cut oil output
RI has yet to cut oil output SINGAPORE (Reuters): Indonesia's foreign crude producers said yesterday they had not received anion was unchanged from March."We haven't heard anything directly from Pertamina on production cuts, apart from what we've seen in the media," said a U.S.
Sat, 04 Apr 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on April 3, 1998: Buying Selling Rp Rp U.S dollar 1 8,000.00 9,500.00Austrian shilling 1 572.60 737.90Australian dollar 1 5,076.30 6,123.50Belgian franc 1 202.30 243.10Canadian dollar 1 5,442.
Sat, 04 Apr 1998
Asian currencies dive as Moody's ravage Japan
Asian currencies dive as Moody's ravage Japan SINGAPORE (Reuters): Asian currencies fell sharply yesterday as the yen was ravaged after U.S. ratings agency Moody's changed its outlook on Japan's sovereign debt.
Sat, 04 Apr 1998
KATI's bill comes late
KATI's bill comes lateFrom Media IndonesiaOn March 28, I went to pay my water bill at the post office. The February invoice, which had to be settled by March 25 at the latest, was delivered to my home on March 27.I was fined Rp 5,000.
Sat, 04 Apr 1998
Omita wins two golds
Omita wins two golds JAKARTA (JP): Southeast Asian Games champion Omita Olga Ompi swept to two gold medals in kata (martial arts performance) on the opening day of the fifth KASAD (Army Chief of Staff) Cup karate tournament at the Senayan indoor tennis stadium yesterday.
Sat, 04 Apr 1998
Blame yourselves for sloppy performance
Blame yourselves for sloppy performanceBy Keith Koppenol JAKARTA (JP): In some countries, the cost of staff is one of the biggest burdens for a business. In other countries it is one of the smallest. One of the problems, when labor is cheap, is inefficiency.
Sat, 04 Apr 1998
Stock prices increase by 2.3 percent
Stock prices increase by 2.3 percent JAKARTA (JP): Stock prices on the Jakarta Stock Exchange (JSX) surged 2.3 percent yesterday on the back of positive news about the possible outcome of the negotiations between the International Monetary Fund (IMF) and the government.
Sat, 04 Apr 1998
Police hunting for 2 robbers in Bogor
Police hunting for 2 robbers in Bogor BOGOR (JP): Police are stepping up their search for two robbers who managed to escape when police raided their hideout on Wednesday.Bogor Police chief Col. Abubakar Nataprawira said yesterday eight people had been arrested during a raid on a house in Cijunjung...
Sat, 04 Apr 1998
Searching for solutions in a crisis
Searching for solutions in a crisisBy Ram S. Ramanathan JAKARTA (JP): Irrespective of how Indonesia recovers from the current economic crisis, those who govern the country need to be concerned with the massive import dependency in a land of remarkable natural wealth.
Sat, 04 Apr 1998
Focusing on conventional wisdom
Focusing on conventional wisdomBy Meuthia Ganie Rochman JAKARTA (JP): In Indonesia, conventional wisdom says that development and economic growth should be export-led. This was indulged in with relative success by the government in the mid- 1980s; the public felt released by the fact that Indonesia...
Sat, 04 Apr 1998
A law against monopolies
A law against monopolies Given the provisions contained in the State Policy Guidelines, President Soeharto's instruction to Minister of Justice Muladi to study the possibility of issuing a law against monopolies is understandable.
Fri, 03 Apr 1998
Thai army opens bases for tourists
Thai army opens bases for tourists BANGKOK (AFP): Thailand's cash-strapped army announced a plan yesterday to open up its bases around the country to tourists in an effort to raise much-needed money.Army commander Chettha Thanajaro said in a statement that the army would open some of its camps up...
Fri, 03 Apr 1998
Deutsche Bank cuts back loan exposure
Deutsche Bank cuts back loan exposure FRANKFURT (Reuters): Deutsche Bank has cut back its loan exposure to problem countries in South-east Asia by almost two billion marks, a Deutsche management board member said yesterday.
Fri, 03 Apr 1998
Laelae islanders refuse to move
Laelae islanders refuse to move UJUNGPANDANG, South Sulawesi: About 200 families on Laelae island have refused to move after the provincial administration leased the island to ALatieF Corp. which plans to develop it into a tourist resort.
Fri, 03 Apr 1998
Taboo: Talking about it rather than doing it
Taboo: Talking about it rather than doing it MEGAMENDUNG, Bogor (JP): The quiet wooden grandeur of the Sadaparibhuta Vihara did nothing to absorb the muffled murmurings of some of the 700 people seated in the temple.
Fri, 03 Apr 1998
Fair to feature education expo
Fair to feature education expo JAKARTA (JP): The upcoming Jakarta Fair will, for the first time ever, feature a large education exhibition aimed at luring rich Indonesian students to study at local schools and universities.
Fri, 03 Apr 1998
Orangutans get helping hand
Orangutans get helping hand SAMARINDA, East Kalimantan: The Samboja Forest Research Center here has rescued several orangutans trapped in the Sangatta forest area in Kutai district.The head of the research center, Adi Susilo, said yesterday that the orangutans were believed to have come from Kutai...
Fri, 03 Apr 1998
Food relief yet to reach famine victims in Irian Jaya
Food relief yet to reach famine victims in Irian Jaya JAKARTA (JP): Amid fresh reports of food shortages in East Kalimantan, hundreds of boxes of food relief for famine victims in Puncak Jaya, Irian Jaya, are sitting in storage due to a poor distribution system.
Fri, 03 Apr 1998
RI, IMF agree on new targets
RI, IMF agree on new targets JAKARTA (JP): Indonesia and the International Monetary Fund (IMF) have agreed on new economic targets and a more gradual reduction of subsidies for basic commodities, government sources said yesterday.
Fri, 03 Apr 1998
No fresh orders for many ad agencies
No fresh orders for many ad agencies JAKARTA (JP): The economic crisis has severely wounded Indonesia's advertising industry, with some ad agencies receiving no fresh orders in the past three months, analysts said yesterday.
Fri, 03 Apr 1998
88 injured in student demonstrations
88 injured in student demonstrations YOGYAKARTA (JP): The continuing wave of student protests reached new heights yesterday when thousands of youths tried to march off their campuses here and clashed with security personnel, leaving 88 injured.
Fri, 03 Apr 1998
Aussies keep tariff barrier on RI copy paper
Aussies keep tariff barrier on RI copy paper CANBERRA (Dow Jones): The Australian government yesterday said it will keep price restrictions on imports of A-4 copy paper from Indonesian company PT Pabrik Kertas Tjiwi Kimia.
Fri, 03 Apr 1998
Culture of resignation
Culture of resignationFrom Media IndonesiaIn keeping with progress and globalization, ethical behavior as well as the quality of human resources needs to be improved. Professionalism needs to be complemented with good ethics, openness, creativity and integrity.
Fri, 03 Apr 1998
Government lowers this year's tourist arrivals target
Government lowers this year's tourist arrivals target JAKARTA (JP): The government has revised down its foreign tourist arrivals target for this year about 15 percent to 5.5 million from the initial projection of 6.5 million.
Fri, 03 Apr 1998
Lonsum has new president
Lonsum has new president JAKARTA (JP): Publicly-listed plantation company PT PP London Sumatra (Lonsum) Indonesia has appointed Muhammad Akib as temporary president to replace Geoff Brown, the company said yesterday.
Fri, 03 Apr 1998
Court rejects lawsuit filed against police
Court rejects lawsuit filed against police JAKARTA (JP): South Jakarta District Court predictably rejected lawsuits filed by 57 Megawati Soekarnoputri supporters against Jakarta Police Chief Maj. Hamami Nata over their detention yesterday.
Fri, 03 Apr 1998
Unocal provides scholarships
Unocal provides scholarships JAKARTA (JP): American energy company Unocal Corporation is to provide up to US$1 million in scholarships for Southeast Asian students to study petroleum and related disciplines at the Colorado School of Mines (CSM).
Fri, 03 Apr 1998
Ailing plantation firms face two-year deadline
Ailing plantation firms face two-year deadline JAKARTA (JP): Ministry of Forestry and Plantations Sumahadi said yesterday that poorly managed state plantation firms would be given two years to improve their performance or face merger or liquidation.
Fri, 03 Apr 1998
Navy gives scholarships
Navy gives scholarships BOGOR (JP): Navy Chief of Staff Admiral Arief Kushariadi handed over yesterday 200 scholarships to students at the Bogor Institute of Agriculture (IPB).Each student who was given a scholarship gets Rp 100,000 per month for five years.
Fri, 03 Apr 1998
Malaysian found dead
Malaysian found dead JAKARTA (JP): A Malaysian man was found dead in an alley off Jl. Kebon Sirih Barat, Central Jakarta, yesterday.It is suspected he died of a drug overdose.A Menteng Police subprecinct officer, who requested anonymity, said the victim had been identified as Mohd. Roslan, 45.
Fri, 03 Apr 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film 3:05 Children's Program: Tunas 3:30 Village Program 4:00 Regional News 4:30 Performance: Sendratari Dewi Sakuntala 5:00 Music: Paket 27 5:30 Education Quiz: Cepat Tepat 6:00 News: Lintasan Berita 6:05 News: Rona Nusantara 6:15...
Fri, 03 Apr 1998
Inflation exceeds 25 percent for first quarter
Inflation exceeds 25 percent for first quarter JAKARTA (JP): Indonesia's inflation rate soared to 25.13 percent in the first quarter of 1998, with month-on-month inflation rising 5.49 percent in March, the Central Bureau of Statistics said yesterday.
Fri, 03 Apr 1998
FedEx's Jakarta flight
FedEx's Jakarta flight HONG KONG (Reuters): Federal Express Corp (FedEx) said yesterday it would introduce new Asian and trans-Pacific flights to provide new services to shippers in Jakarta and in Cebu in the Philippines.
Fri, 03 Apr 1998
Most blue chip shares lose ground in JSX
Most blue chip shares lose ground in JSX JAKARTA (JP): Stock trading at the Jakarta Stock Exchange (JSX) remained under selling pressure yesterday, with most blue chip shares losing ground in moderate trade, brokers said.
Fri, 03 Apr 1998
Proton price cut no joke
Proton price cut no joke KUALA LUMPUR (AFP): Malaysia's national car distributor stressed yesterday that its April 1 announcement of a one-third cut in the price of a Proton model was no April Fool's day joke.Edaran Otomobil Nasional spokesman T.
Fri, 03 Apr 1998
Getting out of crisis
Getting out of crisisFrom NeracaA lot has been done to alleviate the community's plight in coping with the economic crisis. The latest trend is providing free meals at certain food stalls to people in the lower income brackets who have lost their jobs because of the crisis.
Fri, 03 Apr 1998
Putting racial reconciliation on the agenda
Putting racial reconciliation on the agendaBy Johannes Nugroho SURABAYA (JP): The inauguration of the seventh Development Cabinet by President Soeharto was preceded by an enthusiastic if slightly self-controlled period of name dropping for the cabinet lineup.
Fri, 03 Apr 1998
Foreign lawyers questioned
Foreign lawyers questioned JAKARTA (JP): National Police spokesman Brig. Gen. Da'i Bachtiar said yesterday that officers had questioned several foreign lawyers over alleged unauthorized practices here.But he declined to disclose the exact number of foreign lawyers, or the regulations or laws the...
Fri, 03 Apr 1998
Total sells Tuban stake
Total sells Tuban stake PARIS (Reuters): French energy group Total said yesterday it had agreed to sell its 12.5 percent stake in the Tuban permit in Indonesia to Santa Fe Energy of the United States, as part of a strategy of selling non-core assets.
Fri, 03 Apr 1998
Father Sandyawan hospitalized
Father Sandyawan hospitalized JAKARTA (JP): Ignatius Sandyawan Sumardi, a Catholic priest recently cleared of charges for harboring political fugitives, has been admitted to a hospital for dengue fever, sources close to him said yesterday.Sandyawan was admitted to St.
Fri, 03 Apr 1998
Govt raises rice price to increase farmers' income
Govt raises rice price to increase farmers' income JAKARTA (JP): The government announced yesterday a 17 percent increase in the producer floor price of unhusked rice to Rp 700 (about 8 U.S. cents) per kilogram from Rp 600 to increase farmers' incomes.
Fri, 03 Apr 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 2, 1998: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 650 0 0 AHAP Insurance 500 0 0 Alter Abadi 825 150 56,500 Alumindo Light Metal 425 25 145,000 Alumindo...
Fri, 03 Apr 1998
600 patients evaded medical treatment costs
600 patients evaded medical treatment costs JAKARTA (JP): At least 600 patients treated at the state Cipto Mangunkusumo General Hospital in Central Jakarta evaded paying for their medical treatment in the period between October and last month, it was revealed yesterday.H.
Fri, 03 Apr 1998
Woman to marry her robber
Woman to marry her robber PURWOKERTO, Central Java (JP): A 22-year-old shop attendant, Sofyah, will marry today the man who grabbed a stack of banknotes totaling Rp 4 million (US$470) from her counter last week.
Fri, 03 Apr 1998
Mexico, Latvia cancel Indonesian tours
Mexico, Latvia cancel Indonesian tours JAKARTA (JP): World Cup qualifier Mexico and the Latvian national team have dropped their plans to play exhibition matches here against the national soccer team being groomed for the Association of Southeast Asia Nation (ASEAN) Tiger Cup in September.
Fri, 03 Apr 1998
Thought for food
Thought for food The drought currently plaguing several regions of Indonesia could not have come at a worse time. If United Nations research findings published this week are correct, an estimated 7.5 million Indonesians now face food insecurity that could last until early next year if the present...
Fri, 03 Apr 1998
26 participants at Borobudur festival
26 participants at Borobudur festival SEMARANG, Central Java: Twenty-six cultural troupes from 16 countries, including Indonesia, have confirmed their participation for the International Folklore Art Festival to be held at the Borobudur Temple from July 7 to 11.
Fri, 03 Apr 1998
FAO aids rural banking
FAO aids rural banking JAKARTA (JP): The United Nations' Food and Agriculture Organization (FAO) agreed yesterday to provide US$258,000 in technical assistance to improve Indonesia's rural banking services.FAO country representative A.W.