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Sat, 15 May 1999
RP rebels step up attacks
RP rebels step up attacks MANILA (AFP): Separatist rebels have stepped up attacks in the southern Philippines this week as the government prepares to hold peace talks, the armed forces said on Friday.The attacks by the Moro Islamic Liberation Front (MILF), in which four soldiers were killed and...
Sat, 15 May 1999
Ten injured after train crashes into van
Ten injured after train crashes into van JAKARTA (JP): An express train crashed into a recklessly driven mikrolet public minivan at a level crossing in Kalibata, South Jakarta, on Friday morning, injuring at least 10 people, three of them critically.
Sat, 15 May 1999
Riot troops sent to boost voter turnout in Aceh
Riot troops sent to boost voter turnout in Aceh JAKARTA (JP): A battalion of riot troops sent to Aceh are expected to jack up the voter turnout ahead of the June 7 elections, the Indonesian Military (TNI) said.
Sat, 15 May 1999
China reaches Sudirman Cup final
China reaches Sudirman Cup final COPENHAGEN (JP): Defending champion China moved a step closer to scoring an unprecedented hat trick of victory at the Sudirman Cup mixed team badminton championships here after beating South Korea 3-2 in the semifinals here on Friday.
Sat, 15 May 1999
Local shares surge on renewed confidence
Local shares surge on renewed confidence JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) surged on Friday on renewed confidence in the country's economy.The Jakarta Composite Index rose 2.6 percent or 15.13 points to close at 591.63, with shares worth Rp 1.8 trillion changing hands.
Sat, 15 May 1999
Conversion Rates
Conversion Rates Bank Bali's conversion rates on May 14, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,780.00 7,830.00 7,780.00 7,870.00Australian dollar 1 5,176.75 5,261.90 5,151.00 5,336.00Austrian schilling 1 600.10 608.97 - -Belgian franc 1 204.70 207.
Sat, 15 May 1999
SE Asian currencies down against dollar
SE Asian currencies down against dollar SINGAPORE (Dow Jones): Southeast Asian currencies were lower against the U.S. dollar in late trading Friday, as U.S. dollar strength against the yen forced investors into covering short U.S. dollar positions against regionals.Traders and economists said the U.
Sat, 15 May 1999
Family networks not enough
Family networks not enough YANGON (AFP): Asia's close family networks can no longer absorb unemployment brought on by crises like the 1997 economic crash, heightening the need for social safety nets, a senior ASEAN official said on Friday.
Sat, 15 May 1999
Habibie's careless assumption
Habibie's careless assumption This time I would like to share with you my feeling of satisfaction that I made no slip of the pen in a number of letters in which I said it was improper for Akbar Tandjung to be general chairman of Golkar Party and at the same time keep his post as state secretary.
Sat, 15 May 1999
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 14, 1999: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 400 25 177,000 AHAP Insurance 425 0 0 Alakasa Industrindo 275 0 0 Alter Abadi 300 0 114,000 Alumindo...
Sat, 15 May 1999
Secretary posts in E. Java vacant
Secretary posts in E. Java vacant SURABAYA: The East Java provincial administration is seeking replacements for seven regency and mayoralty secretaries, who have vacated their posts due to promotion.The provincial secretary, Soenarjo, told Antara on Friday that he would summon on Monday the mayors...
Sat, 15 May 1999
Taiwanese businessmen worried about RI security
Taiwanese businessmen worried about RI securityBy Sylvia Gratia M. Nirang TAIPEI (JP): Worried Taiwanese businessmen called on the Indonesian government on Friday to give them special protection in doing business in the crisis-hit country.
Sat, 15 May 1999
Indonesian families want parties to curb violence
Indonesian families want parties to curb violence JAKARTA (JP): In anticipation of a turbulent campaign period, thousands of families are expected to gather on Sunday to demand that political parties act to curb violence.
Sat, 15 May 1999
Telkom reports US$37m first quarter earnings
Telkom reports US$37m first quarter earnings JAKARTA (JP): State telecommunications company PT Telkom reported on Monday a consolidated net income of Rp 306.04 billion (US$36.87 million) in the first quarter of this year, compared to a net loss of Rp 398.9 billion in the same period of 1998.
Sat, 15 May 1999
PT Astra's debt proposal meets creditors' approval
PT Astra's debt proposal meets creditors' approval JAKARTA (JP): Local auto giant PT Astra International on Friday reached agreement with its overseas bondholders on a proposed US$1.1 billion debt-restructuring plan.
Sat, 15 May 1999
Dynaplast, Makindo plan to buy back stocks
Dynaplast, Makindo plan to buy back stocks JAKARTA (JP): Publicly listed plastics components manufacturer Dynaplast and securities company Makindo have said they plan to buy back up to 10 percent of their shares to prop up their ailing stock prices.
Sat, 15 May 1999
State insurance firm sets up labor union
State insurance firm sets up labor union JAKARTA (JP): Some 3,000 employees of state-owned insurance company PT Jamsostek have quit the civil servants corps (Korpri) and set up an independent labor union to protect their rights.Herdy A.
Sat, 15 May 1999
Govt's oil income surges
Govt's oil income surges SINGAPORE (Bloomberg): Indonesia, the only Asian member of the 11-member Organization of Petroleum Exporting Countries, said it will stick with an OPEC pledge to cut oil output because its income soared as prices rose."The price rise has exceeded our expectations.
Sat, 15 May 1999
Golkar names Habibie as presidential candidate
Golkar names Habibie as presidential candidate JAKARTA (JP): Golkar Party leaders ended their closed-door haggling early Friday by finally naming incumbent President B.J. Habibie as its presidential candidate, a decision that inside critic Marzuki Darusman said would harm the party's chances in the...
Sat, 15 May 1999
No problem with 23cm-long nails
No problem with 23cm-long nails JAKARTA (JP): Papud bin Muhammad Ali's main attraction lies in his left hand. Wherever he goes, people's curious eyes are glued to his left hand which has 23-centimeter-long nails on each finger.
Sat, 15 May 1999
Earthquake jolts Palu
Earthquake jolts Palu PALU, Central Sulawesi: An earthquake measuring 5.7 on the Richter scale shook this town on Thursday night at about 10:54 p.m., local time.Residents in the North Sulawesi towns of Manado and Poso also felt the quake.
Sat, 15 May 1999
Change ownership of Cendana assets
Change ownership of Cendana assetsFrom Rakyat MerdekaAllow me to express my opinion about several recent news items which have drawn many people's attention:* Regarding efforts to collect the assets of Cendana's cronies stashed abroad, I suggest that ownership of these assets must be transferred...
Sat, 15 May 1999
2,693 candidates vie for seats at City Council
2,693 candidates vie for seats at City Council JAKARTA (JP): Chairman of the Jakarta Provincial Elections Committee (PPD I) Djafar Badjeber announced on Friday that the 48 political parties eligible for the upcoming general election proposed 2,693 candidates to vie for 76 seats at City Council.
Sat, 15 May 1999
Model tried for using drug
Model tried for using drug JAKARTA (JP): A female model was indicted at the Central Jakarta District Court on Friday for consuming and possessing 0.4 grams of shabu-shabu, a amphetamine derivative.Prosecutor Suleman Hadjarati said the 20-year-old defendant, Fairus Salim, was arrested in a room of...
Sat, 15 May 1999
'Office Space' is a white-collar comedy for cubicle-class
'Office Space' is a white-collar comedy for cubicle-classBy Tam Notosusanto JAKARTA (JP): Workers of the world, unite! And go see Office Space.This film is an ode to those overworked, underpaid workers slaving away in cramped cubicles and performing pointless duties.
Sat, 15 May 1999
Taiwan, Canadian sign deal
Taiwan, Canadian sign deal TAIPEI (DPA): Taiwan and Canada will each allow a second airline to serve the Taipei-Vancouver route from June due to the increase in passengers, EVA Airways said Friday.Under a code-sharing agreement, EVA and Air Canada will join the route which has been served by...
Sat, 15 May 1999
West Sumatra worst on malnutrition list
West Sumatra worst on malnutrition list JAKARTA (JP): West Sumatra has the most infants affected with malnutrition so far, followed by West Java and Central Java.Minister of Food and Horticulture AM Saefuddin said 56 children have died across the country while at least 2,866 children were affected.
Sat, 15 May 1999
All-Asian Debating Championships
All-Asian Debating Championships JAKARTA (JP): Two teams from the English Debating Society (EDS) of the University of Indonesia are currently taking part in the sixth All-Asian Inter-Varsity Debating Championships in Bangkok.Achmad N.
Sat, 15 May 1999
Diplomat's house burglarized
Diplomat's house burglarized JAKARTA (JP): Thieves are believed to have collaborated with a housemaid who ran away with electronic goods, expensive clothing and household appliances worth Rp 18 million from a diplomat's house, police said Wednesday.
Sat, 15 May 1999
Taiwan hopes to be in WTO
Taiwan hopes to be in WTO TAIPEI (AP): Taiwan said Friday it expects to be admitted to the World Trade Organization by November, possibly at about the same time as China.After completing a crucial round of multilateral talks in Geneva on Thursday, Taiwan now expects the WTO to hold the final round...
Sat, 15 May 1999
Sectoral arrogance
Sectoral arroganceFrom RepublikaOn an occasion of a book launching, former environment minister Emil Salim said there was a sectoral arrogance in managing natural resources. It has caused environmental destruction.
Sat, 15 May 1999
Joint parade to kick-off start of campaigning
Joint parade to kick-off start of campaigning JAKARTA (JP): Governor Sutiyoso, along with a number of cabinet ministers, high-ranking officials, foreign diplomats and political party leaders, will witness on Wednesday the kick-off ceremony of the joint float parade of 48 parties contesting the June...
Sat, 15 May 1999
Bank owners told to inject more cash
Bank owners told to inject more cash JAKARTA (JP): Owners of eight major private banks in the government-sponsored recapitalization program are required to inject additional cash by June 30, as the initial recapitalization cost estimates have increased, according to a government document.
Sat, 15 May 1999
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Cartoon Exhibition: Cartoons For Democracy, in Gallery Pasar Seni Jaya Ancol, Jl. Lodan Timur, North Jakarta, until May 18. * Graphics Exhibition: Ekspresi Grafis Dalam Ekspresi Buku II, at Pusat Kebudayaan Jepang - The Japan Foundation, Summitmas I, Jl. Jend.
Sat, 15 May 1999
Padang street children increase
Padang street children increase PADANG, West Sumatra: Over the past six months, there have been more street children here, an official said on Tuesday.Head of the Welfare Bureau of Ministry of Social Affairs Rahmad Kusnadi, said the recent survey conducted by his office together with a local...
Sat, 15 May 1999
Tangerang deploys 600 troops for polls
Tangerang deploys 600 troops for polls TANGERANG (JP): At least 600 troops and police officers will be deployed to ensure security during campaigning and voting in the June 7 poll here, a military official said on Friday.Tangerang Military District Commander Lt. Col.
Sat, 15 May 1999
A promise neglected
A promise neglected Not long after he was installed as President, B.J. Habibie promised to have all the events surrounding the May 1998 riots thoroughly investigated. A similar pledge was made by Armed Forces commander Gen. Wiranto.
Sat, 15 May 1999
Fire water firm workers, says former governor
Fire water firm workers, says former governor JAKARTA (JP): Former Jakarta governor Ali Sadikin urged Governor Sutiyoso on Friday to fire members of the labor union of the city-owned water management company PDAM Jaya.
Fri, 14 May 1999
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 12, 1999: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 375 0 50,000 AHAP Insurance 425 0 0 Alakasa Industrindo 275 0 0 Alter Abadi 300 25 15,000 Alumindo...
Fri, 14 May 1999
Sumitomo sues cable producer
Sumitomo sues cable producer JAKARTA (JP): PT Bank Sumitomo Niaga filed a bankruptcy claim against PT Supreme Cable Manufacturing Corporation for failing to pay its debt of US$3 million in promissory notes, the bank's lawyer said on Wednesday.
Fri, 14 May 1999
Electronics firms in Taiwan up beat on Indonesia's prospects
Electronics firms in Taiwan up beat on Indonesia's prospectsBy Sylvia Gratia M. Nirang TAIPEI (JP): Taiwan electronics firms have expressed optimism about Indonesia's prospects, saying they will invest in the country once it recovers from the crisis.
Fri, 14 May 1999
Government to sign new letter of intent with IMF
Government to sign new letter of intent with IMF JAKARTA (JP): Coordinating Minister for Economy, Finance and Industry Ginandjar Kartasasmita said on Wednesday the government would sign a new letter of intent with the International Monetary Fund (IMF) either on Friday or Monday.
Fri, 14 May 1999
Thousands attend signing of peace deal in riot-torn Ambon
Thousands attend signing of peace deal in riot-torn Ambon JAKARTA (JP): Over 10,000 people attended the signing of a peace accord in the Maluku capital of Ambon on Wednesday which many hope will mark an end to months of deadly clashes between Muslim and Christian groups in the province.M.G.
Fri, 14 May 1999
Officials accused of safety net funds abuse
Officials accused of safety net funds abuse JAKARTA (JP): At least 18 residents of Karang Anyar subdistrict in Central Jakarta have lodged complaints to city police about data manipulation and abuse of social safety net funds.
Fri, 14 May 1999
APEC debates financial reforms
APEC debates financial reforms LANGKAWI, Malaysia (AFP): APEC central bankers and finance officials opened talks Thursday to lay the groundwork for the group's finance ministers to reinforce reforms to hasten an Asian economic recovery.
Fri, 14 May 1999
Muslim women rally against violence
Muslim women rally against violence JAKARTA (JP): A number of Muslim women's organizations held a rally at the square of the Al Azhar Mosque in South Jakarta Thursday to call for an end to violence and to preserve national unity.
Fri, 14 May 1999
Civil code for bankruptcy law
Civil code for bankruptcy lawBy Frans H. Winarta The following is an excerpt from a paper presented at a recent conference in Jakarta on 150 Years of the Indonesian Civil Code: The Civil Law Basis for a Modern Bankruptcy Law.
Fri, 14 May 1999
Indonesia's forex reserves rise to $16.05 billion
Indonesia's forex reserves rise to $16.05 billion JAKARTA (JP): Indonesia's net foreign reserves rose to US$16.05 billion in the week ending on May 7 from $16.02 billion the previous week, the central bank said in its latest weekly report.
Fri, 14 May 1999
PLN to buy Pertamina geothermal steam
PLN to buy Pertamina geothermal steam JAKARTA (JP): State electricity company PT Perusahaan Listrik Negara (PLN) signed an agreement on Wednesday to buy geothermal steam from state oil and gas company Pertamina for its planned 20-megawatt (MW) power plant in North Sulawesi.
Fri, 14 May 1999
Priests and nuns march in Dili in bid to resume peace
Priests and nuns march in Dili in bid to resume peace DILI, East Timor (JP): Catholic priests and nuns joined a huge rally on the streets of Dili on Thursday calling for an end to violence in the province.