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Sat, 24 Apr 1999
Sinar plans CPO mill in Irian
Sinar plans CPO mill in Irian JAKARTA (JP): Plantation company PT Sinar Mas announced on Friday it would build a crude palm oil (CPO) processing plant and a port to support transportation of its production in Jayapura regency, Irian Jaya.Company general manager M.
Sat, 24 Apr 1999
KPU members to visit provinces to monitor poll preparations
KPU members to visit provinces to monitor poll preparations JAKARTA (JP): The General Elections Commission (KPU) will recess so its 63 members can tour provinces and regencies in order to ensure smooth preparations for the June 7 general election.Hasballah M.
Sat, 24 Apr 1999
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Women's Art Exhibition: Ekspresi Emansipasi Wanita Dalam Lukisan, at Menara Matahari - Lippo Life, Lippo Karawaci, Tangerang, 10 a.m. to 7 p.m., until April 30. * Painting Exhibition by Rukmini Affandi, at Gran Melia Jakarta, Jl.H.R. Rasuna Said Kav.
Sat, 24 Apr 1999
Administration to close down 81 state schools
Administration to close down 81 state schools JAKARTA (JP): The city administration will close down 81 state elementary schools, mostly used for afternoon activities, due to a scarcity of students, a city official said on Thursday.
Sat, 24 Apr 1999
Pan Brothers pays dividend
Pan Brothers pays dividend JAKARTA (JP): Publicly listed textile producer PT Pan Brothers announced Thursday it would pay a dividend of Rp 50 per share.The company reported a net profit of Rp 20.6 billion (about US$2.3 million) last year, a 35.73 percent increase from Rp 15.1 billion in 1997.
Fri, 23 Apr 1999
Dozens of students, officers hurt in demo
Dozens of students, officers hurt in demo JAKARTA (JP): Hundreds of protesting students from various universities in Bandung, West Java, tried to force their way into the building of state-owned Radio Republik Indonesia and became locked in a clash with security personnel, Antara reported on...
Fri, 23 Apr 1999
ICAC linkups to improve air cargo services
ICAC linkups to improve air cargo services JAKARTA (JP): The Indonesia Air Cargo Agents Club (ICAC) signed on Thursday memorandum of understanding agreements with Soewarna Commercial Park, the Association of Indonesian Express Services (Asperindo) and PT Aplikanusa Lintasarta (Lintasarta) to...
Fri, 23 Apr 1999
Indonesia needs more 'carrot' and less 'stick'
Indonesia needs more 'carrot' and less 'stick'By Edward Neilan TOKYO (JP): What Indonesia needs from the United States and the rest of the West is more "carrot" and less "stick".Leadership needs to be offered to the important nation which has been devastated by an economic crisis not unlike the U.S.
Fri, 23 Apr 1999
Soeharto business empire intact: Australian academic
Soeharto business empire intact: Australian academic SYDNEY (DPA): Indonesia's worst recession since independence has taken a relatively minor toll on businesses controlled by former president Soeharto and his children, an Australian business consultant and author said Thursday.
Fri, 23 Apr 1999
House attacked after flag removed
House attacked after flag removed JAKARTA (JP): A mob pelted stones at a house belonging to the head of Gintung village in Mauk district in Tangerang late Tuesday after its owner tore down a Golkar flag hoisted near the residence, a police officer said.City police spokesman Lt. Col.
Fri, 23 Apr 1999
House passes clean governance bill
House passes clean governance bill JAKARTA (JP): The House of Representatives (DPR) endorsed on Thursday a bill on clean governance, which will oblige all government officials to declare their assets when they begin and end their tenures with the state.
Fri, 23 Apr 1999
Brawl between two ethnic groups
Brawl between two ethnic groups JAKARTA (JP): One man was injured during a brawl late Tuesday between two ethnic groups in Koja subdistrict, North Jakarta, according to a city police report.The brawl between a Madurese ethnic group (from East Java) and a group of Bugis (from South Sulawesi) was...
Fri, 23 Apr 1999
Nissho Iwai buys RI stake
Nissho Iwai buys RI stake TOKYO (Dow Jones): Company sources said Nissho Iwai Corp., a general trading company, has bought a stake in a natural gas development block in Indonesia to develop new natural gas fields, the Nihon Keizai Shimbun reported in its Thursday morning edition.
Fri, 23 Apr 1999
RI facilitates Aussie exports
RI facilitates Aussie exports JAKARTA (JP): Exports from Australia's Northern Territory to Indonesian islands outside Java and Sumatra will be exempted from customs inspections, the Ministry of Finance said on Thursday.
Fri, 23 Apr 1999
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 22, 1999: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 375 0 5,000 AHAP Insurance 425 0 0 Alakasa Industrindo 100 0 0 Alter Abadi 200 -25 30,000 Alumindo...
Fri, 23 Apr 1999
ASEAN economic crisis: Blessing in disguise?
ASEAN economic crisis: Blessing in disguise? The following article is based on a paper presented by Rodolfo C. Severino, secretary-general of the Association of Southeast Asian Nations (ASEAN), at the opening of the seventh ASEAN Editors Conference in Jakarta on April 12, 1999.
Fri, 23 Apr 1999
Asian crisis leaves women, kids vulnerable to trafficking
Asian crisis leaves women, kids vulnerable to trafficking BANGKOK (AP): Asia's economic crisis has left women and children seeking work outside their own countries more vulnerable than ever to prostitution and human-trafficking gangs, experts said on Thursday.
Fri, 23 Apr 1999
Firm supplies powdered baby food
Firm supplies powdered baby food BOGOR (JP): A subsidiary of giant noodle maker Indofood Sukses Makmur, PT Gizindo Prima Nusantara, in cooperation with Unicef, launched distribution of its third batch of low-cost powdered baby food on Thursday.
Fri, 23 Apr 1999
Tensions remains despite peace pact
Tensions remains despite peace pact DILI, East Timor (JP): Tension continued here one day after the signing of the historic peace pact between proindependence and prointegration groups, as economic activities resumed and children returned to school.
Fri, 23 Apr 1999
Standard Chartered to inject US$56 million into Bank Bali
Standard Chartered to inject US$56 million into Bank Bali JAKARTA (JP): The United Kingdom-based Standard Chartered Bank agreed on Thursday to inject US$56 million (Rp 487 billion) into publicly listed Bank Bali to finance 20 percent of the bank's recapitalization funding requirement.
Fri, 23 Apr 1999
Number of people going abroad 'normal'
Number of people going abroad 'normal' JAKARTA (JP): Director General of Immigration M. Mudakir said on Thursday the rate of Indonesians traveling abroad through Soekarno-Hatta International Airport remained normal despite mounting speculation of unrest ahead of the June 7 general election.
Fri, 23 Apr 1999
PSSI to announce SEA Games team
PSSI to announce SEA Games team JAKARTA (JP): All-Indonesian Soccer Federation (PSSI) secretary for the national team John Halmahera met with National Sports Council (KONI) officials on Thursday to report on his organization's preparation for the 20th Southeast Asian (SEA) Games in August.
Fri, 23 Apr 1999
Indonesia's long-term objectives
Indonesia's long-term objectivesBy Jusuf Wanandi JAKARTA (JP): The country has been in a state of fervor since the onset of the financial crisis in July 1997. Rapid changes have occurred across the board and affected every segment of society.Yet, change is taking place in a very disorderly way.
Fri, 23 Apr 1999
Compromise reached on parking fee hike
Compromise reached on parking fee hike JAKARTA (JP): The city administration and the City Council reached a compromise on Thursday, agreeing to raise parking fees to between Rp 500 and Rp 1,000 for sedans, jeeps, minibuses and vans.
Fri, 23 Apr 1999
Golkar still the same
Golkar still the sameFrom Sinar PagiIn my opinion, despite the claim made by the Functional Group (Golkar) that it has scrapped the A, B and G channels, standing respectively for the Armed Forces, the bureaucracy and Golkar itself, Golkar has not completely abandoned these channels.
Fri, 23 Apr 1999
Soothsayers refuse to talk politics
Soothsayers refuse to talk politicsBy Ida Indawaty Khouw JAKARTA (JP): While people can now express their opinions more freely thanks to the massive reform movement, fortune-tellers in the busy Glodok business district in downtown Kota were less forthcoming than many people.
Fri, 23 Apr 1999
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting Exhibition: Kesejukan dan Kedamaian di Atas Kanvas, Wisma BSG, 2nd floor, Jl. Abdul Muis no. 40, Central Jakarta, until April 26. * Painting Exhibition: Serangkum Tujuh Warna, at Shangri-La Hotel, Jl. Jend. Sudirman Kav.
Fri, 23 Apr 1999
Sudirman Cup players protest tough training
Sudirman Cup players protest tough training JAKARTA (JP): With less than three weeks to the Sudirman Cup and World Championships, several men's singles shuttlers have complained about the rigors of a physical training program organized by the Badminton Association of Indonesia (PBSI).
Fri, 23 Apr 1999
Death toll in Banda, Hatta violence increases to six
Death toll in Banda, Hatta violence increases to six AMBON, Maluku (JP): The Banda Islands in Central Maluku were reportedly calm on Thursday after being hit by violent communal clashes on Tuesday.But Maluku Police chief Col. Bugis M.
Fri, 23 Apr 1999
House members to give oil and gas bill hard look
House members to give oil and gas bill hard look JAKARTA (JP): A leading legislator expressed optimism on Thursday that the House of Representatives would be able to pass the controversial oil and gas bill before the end of their terms in August.
Fri, 23 Apr 1999
Oil demand rising, but boom days gone: Expert
Oil demand rising, but boom days gone: Expert LONDON (Reuters): World oil demand growth will pick up this year as Asia's battered but energy-hungry economies start to recover, BP Amoco's chief economist Peter Davies said on Thursday.
Fri, 23 Apr 1999
Golkar's arrogance
Golkar's arroganceFrom NeracaEven though the decadence of the New Order administration has now been exposed, it has not led the Golkar Party to understand its former mistakes. Golkar has not learned their lesson from the incident in which vehicles bearing Golkar chairman Akbar Tandjung and his...
Fri, 23 Apr 1999
Govt sells stake in Indofood
Govt sells stake in Indofood JAKARTA (JP): The government has sold its remaining 86.3 million shares, or about 4.7 percent, in publicly listed instant noodle maker PT Indofood as part of the ongoing privatization program.
Fri, 23 Apr 1999
Construction bill upholds open tender process
Construction bill upholds open tender process JAKARTA (JP): The House of Representatives on Thursday passed the bill on construction services, which requires both state and private construction works to be offered through an open tender process.
Fri, 23 Apr 1999
Libya offers help to the Philippines
Libya offers help to the Philippines MANILA (DPA): The Libyan government has offered to help spur economic development in the strife-torn southern Philippines by bringing in investment and assisting in the peace process with rebels, President Joseph Estrada said on Thursday.
Fri, 23 Apr 1999
INRO begins meeting with future in doubt
INRO begins meeting with future in doubt KUALA LUMPUR (Reuters): The International Natural Rubber Organization (INRO) began a meeting of its policy-making council on Thursday which officials said could determine the fate of the world's last commodity pact with economic clout.
Fri, 23 Apr 1999
Conversion Rates
Conversion Rates Bank Bali's conversion rates on April 22, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,615.00 8,665.00 8,615.00 8,705.00Australian dollar 1 5,535.40 5,609.80 5,510.00 5,659.00Austrian schilling 1 661.52 670.38 - -Belgian franc 1 225.
Fri, 23 Apr 1999
Give peace a chance
Give peace a chance The peace agreement signed by the hostile East Timor factions in Dili on Wednesday comes at a crucial time when the issue of the troubled province is close to an international settlement.
Fri, 23 Apr 1999
Indian demand lifts Malaysian palm oil
Indian demand lifts Malaysian palm oil KUALA LUMPUR (Reuters): Malaysian palm oil prices will remain firm in the near term on the back of rising demand, particularly from major importer India, traders said on Thursday.
Fri, 23 Apr 1999
Creditors approve Danareksa debt restructuring
Creditors approve Danareksa debt restructuring JAKARTA (JP): State-owned investment company PT Danareksa won approval from its 60 creditors on Thursday to restructure its US$196 million in foreign debt.
Fri, 23 Apr 1999
Three parties to cooperate for polls' success
Three parties to cooperate for polls' success JAKARTA (JP): Three rival political parties pledged on Thursday to cooperate to foil any attempt by any parties to disrupt the June 7 elections. They also called on proreform parties to be wary of "dirty tricks" launched by pro-status quo elements.
Fri, 23 Apr 1999
Mega still says no to presidential debate
Mega still says no to presidential debate JAKARTA (JP): Popular politician Megawati Soekarnoputri reiterated on Thursday her refusal to take part in a presidential debate because she was afraid the event would turn into a mindless argument, a party official said.
Fri, 23 Apr 1999
Computer network used to collect vote results
Computer network used to collect vote results JAKARTA (JP): The General Elections Commission (KPU) promises transparency in the ballot-counting process for the June 7 elections, with a plan to develop an integrated database network to collect votes from all 327 regencies and a public information...
Fri, 23 Apr 1999
Employment opportunities
Employment opportunities JAKARTA (JP): Ernst & Young, Hanadi, Sarwoko and Sandjaja, an accounting joint venture, is offering 30 employment opportunities to students of the University of Indonesia, Trisakti University and Padjadjaran University in Bandung, West Java.
Fri, 23 Apr 1999
No Y2K problems for RI aviation industry
No Y2K problems for RI aviation industry JAKARTA (JP): Indonesia's aviation industry will have its computer systems free from any problems posed by the millennium bug by the second quarter of this year, Minister of Communications Giri Suseno Hadihardjono said on Thursday.
Fri, 23 Apr 1999
'Mitra' magazine provides forum for thinkers
'Mitra' magazine provides forum for thinkersBy Stevie Emilia JAKARTA (JP): Looking at the cover of the first edition of the relaunched Mitra magazine, Budaya Pemilu, Budaya Pemalu (the Election Culture, the Shy Culture), one might assume the magazine is just one of many new publications hitting the...
Fri, 23 Apr 1999
High explosive device caused Istiqlal blast
High explosive device caused Istiqlal blast JAKARTA (JP): Police announced on Thursday that the blast at the Istiqlal Grand Mosque was caused by a bomb made from a highly explosive mixture of trinitrotoluene (TNT) and potassium chlorate.Maj. Gen.
Fri, 23 Apr 1999
W. Sumatra prone to food shortage
W. Sumatra prone to food shortage PADANG, West Sumatra (JP): Hundreds of local officials were visibly stunned on Thursday after viewing a video showing severely malnourished children -- and hearing that the province was the most prone to food crises.
Fri, 23 Apr 1999
Local leaders want police chief replaced
Local leaders want police chief replaced JAYAPURA, Irian Jaya: Community leaders expressed outrage on Wednesday at a ban imposed by provincial police chief Brig. Gen. Hotman Siagian, which prohibits disseminating information from their recent meeting with President B.J.
Fri, 23 Apr 1999
IOC scandal forces Sydney into $48.5 million cuts
IOC scandal forces Sydney into $48.5 million cuts SYDNEY (Reuters): Organizers of the 2000 Sydney Olympics took an axe to the Games' budget on Thursday, blaming the IOC corruption scandal for putting off potential sponsors.