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Sat, 30 May 1998
Asahan reduces operation
Asahan reduces operation TOKYO (Reuters): Nippon Asahan Aluminum Co Ltd said yesterday it had further reduced operations at its smelter in Indonesia due to falling water levels in a lake which supplies power to the plant.
Sat, 30 May 1998
Elephants go on rampage in Riau
Elephants go on rampage in Riau PEKANBARU, Riau: Two elephants went on a rampage in Kampung Pinang village, Kampar regency, Antara reported.Community chief Hamzah was quoted as saying that the elephants damaged local banana and coconut farms.
Sat, 30 May 1998
OPEC oil price fell to $13
OPEC oil price fell to $13 LONDON (Reuters): The price of OPEC's basket of seven crudes fell to US$13.13 a barrel on Thursday from $13.21 a barrel on Wednesday, the OPEC news agency said quoting the OPEC Secretariat.
Sat, 30 May 1998
City residents harvest crops
City residents harvest crops JAKARTA (JP): Twenty-one Cempaka Putih residents, five of whom were fired recently by their employers, enjoyed their first harvest of vegetable crops Thursday.After three weeks of planting on a 2.
Sat, 30 May 1998
Civil servants hit the streets
Civil servants hit the streets KUPANG, East Nusa Tenggara: Thousands of civil servants took to the streets yesterday, not to protest but to help clean up the city.An official at the provincial administration, Umbu Dapasapu, said the activity was part of celebrations to commemorate Environment Day...
Sat, 30 May 1998
30,000 Indonesians deported by KL
30,000 Indonesians deported by KL KUALA LUMPUR (AP): Since the economic crisis deepened this year, Malaysia has deported 30,000 Indonesians found working without valid papers, the home ministry said.The figure for deportations between January and April given by Deputy Home Minister Tajol Rosli...
Sat, 30 May 1998
Implement democratic measures
Implement democratic measures The new President lacks Soeharto's charisma and does not exercise control over Indonesia's Armed Forces. If he does not implement measures to wipe out corruption, antigovernment forces will vent their wrath on him.
Sat, 30 May 1998
Economic recovery must be top priority: Kadin
Economic recovery must be top priority: Kadin JAKARTA (JP): The Indonesian Chamber of Commerce and Industry (Kadin) reminded the government yesterday to keep a tight focus on restoring the country's economy despite its political reform commitment.
Sat, 30 May 1998
Govt to increase subsidies for fertilizer: Soleh
Govt to increase subsidies for fertilizer: Soleh JAKARTA (JP): The government plans to increase subsidies for sales of fertilizers to farmers in a bid to check rising farming costs and ensure quality crops, the agriculture minister said here yesterday.
Sat, 30 May 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on May 29, 1998: Buying Selling Rp Rp U.S dollar 1 10,500.00 12,000.00Austrian shilling 1 n/a n/aAustralian dollar 1 6,489.00 6,948.60Belgian franc 1 285.20 303.60Canadian dollar 1 7,206.60 7,655.
Sat, 30 May 1998
YLKI urges court settlement for water agreement dispute
YLKI urges court settlement for water agreement dispute JAKARTA (JP): Zoemrotin KS, an executive of the Indonesian Consumers Foundation (YLKI), urged the city-owned water company PDAM Jaya yesterday to settle its current dispute with its local and foreign business partners in court.
Sat, 30 May 1998
Rumors of looting rock Tangerang
Rumors of looting rock Tangerang TANGERANG (JP): Frightened proprietors closed hundreds of shops and offices in Tangerang yesterday after rumors of imminent looting and arson spread through the town center.
Sat, 30 May 1998
Bogor gets new military chief
Bogor gets new military chief BOGOR (JP): Chief of the Suryakencana Bogor military resort, Brig. Gen. Eddi Budianto, handed over his post to Col. Soeprapto yesterday.The installation ceremony was led by West Java/Siliwangi Military Commander Brig. Gen. Purwadi.
Sat, 30 May 1998
IMF may release aid next month
IMF may release aid next month JAKARTA (JP): The International Monetary Fund (IMF) is expected to disburse its second US$1 billion tranche to Indonesia in the second or third week of June, a former economics minister said yesterday.
Sat, 30 May 1998
Soeharto's fall a near repeat of Sukarno's ruin (2)
Soeharto's fall a near repeat of Sukarno's ruin (2)By Tjipta Lesmana JAKARTA (JP): In the mystery which still shrouds first Indonesian president Sukarno's downfall in 1966, some theories point an accusing finger at the U.S. Central Intelligence Agency (CIA).
Sat, 30 May 1998
Indonesia regrets Pakistan's tests
Indonesia regrets Pakistan's tests JAKARTA (JP): Indonesia "deeply regrets" Pakistan's decision to conduct five underground nuclear tests on Thursday, Minister of Foreign Affairs Ali Alatas said yesterday.
Sat, 30 May 1998
Indonesia's flight from modernity
Indonesia's flight from modernity Our Asia correspondent Harvey Stockwin remembers Gen. Ali Moertopo against the background of Indonesia's current crisis. This is the second of two articles. HONG KONG (JP): Some day, somebody should write a book on "Sycophancy In Asian Politics".
Sat, 30 May 1998
India feels unthreatened by escalating arms race
India feels unthreatened by escalating arms race NEW DELHI (Agencies): India said yesterday it neither threatened nor feared Pakistan, its neighbor and rival that declared its nuclear capability with five tests a day before.
Sat, 30 May 1998
QAF cancels Indofood deal
QAF cancels Indofood deal SINGAPORE (Dow Jones): Singapore's breadmaker QAF Ltd said yesterday it decided to abort the proposed acquisition of a majority stake in Indonesian instant noodle maker Indofood Sukses Makmur, as a result of the region's woes.
Sat, 30 May 1998
More clubs lay off players as soccer body stops league
More clubs lay off players as soccer body stops league JAKARTA (JP): PSBL Bandar Lampung and PKT Bontang yesterday extended the list of soccer clubs sending their players packing after the All Indonesian Soccer Federation stopped the league earlier this week.
Sat, 30 May 1998
Chinese invited to Thailand
Chinese invited to Thailand BANGKOK (AP): Thailand is wooing wealthy ethnic Chinese fleeing riots in Indonesia and other foreigners to take up legal residence in the country, with the price of admission 10 million baht (US$250,000) in investment.Capt.
Sat, 30 May 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Cartoon Exhibition: Population Issue, by Cartoonists from 9 countries in Asia, 10 a.m. to 5 p.m., in Gallery Pasar Seni Jaya Ancol, Jl. Lodan Timur, North Jakarta, until May 31. * Art Exhibition by Sixteen Female Artists, at the Regent Jakarta, Main Lobby, Jl. H.
Sat, 30 May 1998
Gloomy Asian marts shed early gains
Gloomy Asian marts shed early gains SINGAPORE (Reuters): Most Asian markets failed to hold early gains yesterday, while currencies also wilted as jitters over rising political tension in South Asia and fears of a looming recession hit sentiment.
Sat, 30 May 1998
Pertamina to undergo fundamental change
Pertamina to undergo fundamental change JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto pledged yesterday to introduce fundamental changes to the operations of state oil and gas company Pertamina.
Sat, 30 May 1998
Japanese banks aid Indonesia, but ensure of business outlook
Japanese banks aid Indonesia, but ensure of business outlook TOKYO (Reuters): Japanese banks have moved to support Indonesia's trade financing and boost capital in their Indonesian subsidiaries, but they are still far from optimistic about business prospects there.
Sat, 30 May 1998
Military top brass briefed on ABRI's concept for reform
Military top brass briefed on ABRI's concept for reform JAKARTA (JP): The military top brass were briefed yesterday on the Armed Forces' (ABRI) concept of reform, as well as its campaign to help restimulate the economy and public confidence in the government.Armed Forces (ABRI) spokesman Brig. Gen.
Sat, 30 May 1998
JSX stocks strengthen but concerns remain
JSX stocks strengthen but concerns remain JAKARTA (JP): Stock prices on the Jakarta Stock Exchange (JSX) gained slightly yesterday but concerns over the country's political and economic uncertainty remained, analysts and dealers said.
Sat, 30 May 1998
Govt announces sweeping reforms to lure investors
Govt announces sweeping reforms to lure investors JAKARTA (JP): The government will introduce massive reform of investment procedures in a bid to encourage domestic investors and lure back the foreign capital badly needed to restore the country's ailing economy, a senior minister announced...
Sat, 30 May 1998
50% public phones useless
50% public phones useless PONTIANAK, West Kalimantan: More than half of all the public telephones in the city are out of order and the city administration has no immediate plans to repair them.Syaiful Mukmin, head of the local branch of state-owned PT Telkom, said here yesterday that 160 out of 311...
Sat, 30 May 1998
Giving sound to that which has long been unheard
Giving sound to that which has long been unheardBy Yogita Tahil Ramani JAKARTA (JP): Reform embeds itself and elicits a voice from the most unlikely of places. Expressions of hatred, tragedy, regret and, most of all, rejoicing, graced three nights at Taman Ismail Marzuki, a primary venue for...
Sat, 30 May 1998
Palm oil opens lower
Palm oil opens lower LONDON (Reuters): News that Pakistan has suspended all foreign currency transactions amid the world-wide outcry over its nuclear tests hit opening palm oil prices in Europe yesterday.Crude palm oil opened $15 to $7.
Fri, 29 May 1998
Minister gets earful on return to campus
Minister gets earful on return to campus BOGOR, West Java: Minister of Agriculture Soleh Solahuddin upon his return to the Bogor Institute of Technology (IPB), where he still serves as rector, was forced to defend his decision to accept the ministerial appointment.Farid R.
Fri, 29 May 1998
Investigation of wealth
Investigation of wealth I'm writing this letter in response to statements made by Amien Rais, chairman of the Muhammadyah, concerning investigating the personal wealth of former president Soeharto and his family.We must be wise in responding his statement.
Fri, 29 May 1998
Japanese banks mull capital boost for Indonesian units
Japanese banks mull capital boost for Indonesian units TOKYO (Reuters): Major Japanese commercial banks are considering raising capital for their Indonesian subsidiaries that were jointly set up with companies in the southeast Asian nation, banking sources here said yesterday.
Fri, 29 May 1998
Reform needed to boost food and agricultural production
Reform needed to boost food and agricultural production Food and agriculture have played a major role in exacerbating the economic crisis. Dr. H.S. Dillon, executive director of the Center for Agricultural Policy Studies, discusses developments under the new government.
Fri, 29 May 1998
Public pluck needed
Public pluck neededFrom Bisnis IndonesiaWe should feel grateful conditions in Jakarta have returned to normal. Nevertheless, people should not let down their guard.To anticipate unwanted situations, it is highly necessary to inject the people with courage to ward off and even to fight rioters and...
Fri, 29 May 1998
Where to go in Surabaya:
Where to go in Surabaya:Exhibition * Painting Exhibition: Berdua, by Nonot Sukrasmono in CCF - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5678639), 9 a.m. to 8:30 p.m., until May 30.Music and Entertainment * Hyatt Regency Surabaya, Jl. Jend.
Fri, 29 May 1998
Borobudur festival canceled
Borobudur festival canceled SEMARANG, Central Java: This year's Borobudur International Festival, originally slated for July 7 to July 11, has been officially canceled due to safety and economic reasons.
Fri, 29 May 1998
OPEC basket price increases
OPEC basket price increases LONDON (Reuters): The price of OPEC's basket of seven crudes rose to $13.21 a barrel on Wednesday from $13.13 a barrel on Tuesday, the OPEC news agency said quoting the OPEC Secretariat.
Fri, 29 May 1998
Japan offers scholarships
Japan offers scholarships UJUNGPANDANG, South Sulawesi: The Japanese education ministry is offering scholarships for senior high school graduates to study at universities and polytechnical schools in Japan during the 1999 academic year.
Fri, 29 May 1998
Total reform is just that
Total reform is just that In an effort to implement reform, the Habibie administration and the House of Representatives have agreed not to hold a general election until next year. According to their schedule, the legislature needs six months to revamp the existing political laws, which will serve...
Fri, 29 May 1998
RI crisis hits Dutch exports
RI crisis hits Dutch exports THE HAGUE, Netherlands (AP): Exports of Dutch goods to Indonesia, the Netherlands' embattled former colony, plunged by 57 percent in February, the government statistics agency said yesterday.
Fri, 29 May 1998
Traders protest about security during riots
Traders protest about security during riots JAKARTA (JP): Dozens of traders of Chinese descent who were hit hard by the May 14 rioting went to the National Commission on Human Rights yesterday to complain about the lack of security during the unrest.
Fri, 29 May 1998
The question of Habibie's legitimacy
The question of Habibie's legitimacy Up to this day the public debate remains focused on the legitimacy of Habibie's presidency. Habibie was formally installed as president even though the People's Consultative Assembly (MPR) decree which named him vice president has not been abrogated.
Fri, 29 May 1998
Coalition may lead RI after general election
Coalition may lead RI after general election Indonesia is grappling for the best political format in the wake of last week's political turmoil. Arbi Sanit, a political scientist at the University of Indonesia, forecasts the trends. Question: Do you think President B.J.
Fri, 29 May 1998
Soeharto's fall a near repeat of Sukarno's ruin
Soeharto's fall a near repeat of Sukarno's ruinBy Tjipta Lesmana JAKARTA (JP): Former president Soeharto's downfall and that of his predecessor, Sukarno, share many things in common.Both men were confronted with serious crises before their falls.
Fri, 29 May 1998
Camdessus links Asian practice of crony capitalism to crisis
Camdessus links Asian practice of crony capitalism to crisis BISHKEK, Kyrgyzstan (Reuters): The International Monetary Fund (IMF) had harsh words for some Asian states on Wednesday, with managing director Michel Camdessus naming "crony capitalism" as a major factor behind the region's economic...
Fri, 29 May 1998
Military personnel face court-martial next week
Military personnel face court-martial next week JAKARTA (JP): Nineteen members of the Armed Forces (ABRI) will face a court-martial next week for their alleged involvement in the May 12 shootings at Trisakti University which left four student protesters dead, according to Minister of Defense and...
Fri, 29 May 1998
Macroeconomic targets need revising: Neiss
Macroeconomic targets need revising: Neiss JAKARTA (JP): Macroeconomic assumptions of the International Monetary Fund's economic reform program for Indonesia will have to be adjusted due to the country's worsening situation, IMF Asia Pacific director Hubert Neiss admitted yesterday.
Fri, 29 May 1998
Solo's riot damage totals Rp 5.4t
Solo's riot damage totals Rp 5.4t SURAKARTA, Central Java: An estimated Rp 5.4 billion will be needed to repair public facilities and infrastructure damaged during two days of unrest here two weeks ago.The city administration is currently reviewing its 1998/1999 budget to include the repairs.