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Fri, 08 May 1998
Councilor blasts governor over hike in tap water prices
Councilor blasts governor over hike in tap water prices JAKARTA (JP): A city councilor lambasted Jakarta Governor Sutiyoso yesterday over a decree he issued in April allowing a gradual hike in tap water tariffs.
Fri, 08 May 1998
2-day meeting to discuss RI private debt
2-day meeting to discuss RI private debt TOKYO (Reuters): A steering committee representing Indonesia's creditor banks and representatives from Indonesia will meet in the city today and tomorrow, a banking source here said yesterday.
Fri, 08 May 1998
Where to go in Bali:
Where to go in Bali:Performance * Ruwatan Bumi, the Earth Purification Ceremony in Taman Budaya, Jl. Nusa Indah, Denpasar: Fine Art Exhibition, 10 a.m. to 9 p.m., until May 16. Accoustic Music, Poetry Reading, Cartoon Sketch Display, 5 p.m. to 8 p.m., until May 16.
Fri, 08 May 1998
PWI defends journalist
PWI defends journalist MATARAM, West Nusa Tenggara: The local branch of the Indonesian Journalists Association (PWI) has filed a protest against a police officer who reportedly threatened to shoot a local correspondent in the head.Antara reported that Lt.
Fri, 08 May 1998
Where to go in Surabaya:
Where to go in Surabaya:Music and Entertainment * Hyatt Regency Surabaya, Jl. Jend. Basuki Rakhmat 106-128 (Phone: 031 5311234): - The Tavern Pub: Hazztoria Band, daily except Sunday 9 p.m. to 1 a.m. - Atrium Lounge: Solo Pianist, Monday to Friday, 7 p.m. to 10:45 p.m., Saturday at 7 a.m. to 11 p.m.
Fri, 08 May 1998
Rupiah plunges again, share prices up
Rupiah plunges again, share prices up JAKARTA (JP): The rupiah nosedived again yesterday to 9,600 against the U.S. dollar despite the central bank's move to raise its benchmark interest rates, currency dealers said.
Fri, 08 May 1998
Estrada strengthens lead in RP presidential race
Estrada strengthens lead in RP presidential race MANILA (Agencies): Vice President Joseph Estrada, the main opposition candidate in next week's presidential elections in the Philippines, has solidified his lead, according to a survey published yesterday.
Fri, 08 May 1998
Royal ups loan provisions
Royal ups loan provisions LONDON (Reuters): Royal Bank of Scotland yesterday said it raised its debt provisions by 53 million pounds against exposure to Indonesia, South Korea and Thailand -- the three Asian countries that are receiving support from the International Monetary Fund.
Fri, 08 May 1998
Bapepam cancels permits of 10 securities firms
Bapepam cancels permits of 10 securities firms JAKARTA (JP): Ten local and foreign joint-venture securities companies on the Jakarta Stock Exchange have lost their licenses for breaching capital market regulations or ceasing to be active.
Fri, 08 May 1998
Piracy harms SE Asian economies: Study
Piracy harms SE Asian economies: Study SINGAPORE (AP): Southeast Asian countries could create tens of thousands of jobs and millions of dollars in tax revenues by cracking down on software piracy, according to a regional study released yesterday.
Fri, 08 May 1998
Sutiyoso approves new fares for taxis, AC buses
Sutiyoso approves new fares for taxis, AC buses JAKARTA (JP): Governor Sutiyoso gave his approval yesterday to a proposal on new fares for taxis, air-conditioned buses (Patas AC), Mikrolet and KWK minivans.
Fri, 08 May 1998
Government bans book criticizing Soeharto
Government bans book criticizing Soeharto JAKARTA (JP): The government has banned a 23-page book written by the 79-year-old former leader of the now defunct Indonesian Socialist Party, Soebadio Sastrosatomo, for allegedly "discrediting" President Soeharto.
Fri, 08 May 1998
Students take to streets despite military's warnings
Students take to streets despite military's warnings JAKARTA (JP): Despite the military's continuous warnings to stop off-campus demonstrations, thousands of students took to the streets across the country yesterday demanding immediate reforms and lower fuel prices.
Fri, 08 May 1998
ADB mulls US$500m loan to help Indonesia's poor
ADB mulls US$500m loan to help Indonesia's poor HONG KONG (Reuters): The Asian Development Bank is considering extending a US$500 million loan to help Indonesians most affected by the financial crisis, ADB president Mitsuo Sato said yesterday.
Fri, 08 May 1998
Students allowed to skip exams
Students allowed to skip exams BENGKULU: High school students will be given leniency and be allowed to postpone sitting for examinations if they arrive late or cannot get to school as a result of public transportation strikes.
Fri, 08 May 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 7, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 600 0 0 AHAP Insurance 500 0 0 Alter Abadi 875 -25 2,000 Alumindo Light Metal 300 -25 41,500 Alumindo...
Fri, 08 May 1998
We get the message, Gen. Wiranto says
We get the message, Gen. Wiranto says JAKARTA (JP): The government has heard student demands for political reform and now needs time to work on the concepts before moving forward, Minister of Defense/Armed Forces Commander Gen. Wiranto said yesterday.
Fri, 08 May 1998
BPK finds signs of budgetary corruption
BPK finds signs of budgetary corruption JAKARTA (JP): Strong indications exist of corruption of state and provincial budget allocations earmarked to finance government projects during the 1997/1998 fiscal year, the Supreme Audit Body (Bapeka) reported yesterday.
Fri, 08 May 1998
Debureaucratize political parties: Group
Debureaucratize political parties: Group JAKARTA (JP): Gema Madani, a non-governmental organization promoting the empowerment of civil society, is calling for debureaucratization of political organizations and the ruling Golkar to ensure they are independent in channeling the people's aspirations.
Fri, 08 May 1998
Crime doesn't pay
Crime doesn't pay When it comes to criminology, there are a couple of adages that are worth remembering, namely "There is no perfect crime" and "Crime doesn't pay".In the context of the widely reported, bizarre cases of the disappearance of scores of people in Indonesia who happened to be political...
Fri, 08 May 1998
RI riot affects grain market
RI riot affects grain market SINGAPORE (Reuters): Asia's already gloomy grains market is expected to see even fewer activities in the wake of the riots in Indonesia, traders said yesterday."The regional market is turning very bearish again," said one trader with a U.S. commodity house in Singapore.
Fri, 08 May 1998
Theo to deregulate labor exports
Theo to deregulate labor exports JAKARTA (JP): Minister of Manpower Theo L. Sambuaga said yesterday he was committed to deregulating the complicated procedures governing labor exports. These will include prohibiting the export of unskilled workers.
Fri, 08 May 1998
Local T-shirts dress up with political statements
Local T-shirts dress up with political statements JAKARTA (JP): For some, T-shirts are more than a casual outfit. They can be a means of communication. They can also be used to voice political statements.
Fri, 08 May 1998
Asian stocks down over fears of RI escalating unrest
Asian stocks down over fears of RI escalating unrest HONG KONG (AP): Fears over escalating social unrest in Indonesia sent Asian stock prices and currencies sharply lower early yesterday, but most markets managed to regain some lost ground at the close.
Fri, 08 May 1998
Lautan to form 2 ventures
Lautan to form 2 ventures JAKARTA (JP): Specialty chemicals manufacturer and distributor PT Lautan Luas plans to form two joint venture operations with four overseas firms, the company announced yesterday.
Fri, 08 May 1998
Why does DPR keep mum?
Why does DPR keep mum?From Media IndonesiaThe sharp increase in fuel prices is palpably suffocating the people. Public minibuses, for example, from Depok to Bojonggede have gone on strike for the past three days.
Fri, 08 May 1998
ICMI has joined in
ICMI has joined in Wednesday's statement by the Association of Indonesian Moslem Intellectuals (ICMI) is surprisingly straightforward in its call for immediate reform although many might take it as a better-late-than-never step.
Fri, 08 May 1998
U.S. concerned about violence in Indonesia
U.S. concerned about violence in Indonesia WASHINGTON (Reuters): The United States expressed concern Wednesday about violent demonstrations in Indonesia and urged the authorities to let peaceful protests take place.
Fri, 08 May 1998
Riots may push up cooking oil prices
Riots may push up cooking oil prices JAKARTA (JP): The price of cooking oil is set to rise again as riots in the North Sumatra capital of Medan, a major center for palm oil production in Indonesia, continue.
Fri, 08 May 1998
Taxi drivers go on strike
Taxi drivers go on strike JAKARTA (JP): About 500 Ratax Taxi drivers went on strike yesterday, demanding the company management lower the 16-hour vehicle rental fee from Rp 80,000 (US$8.8) to Rp 60,000.The strike began at about 8 a.m. at the taxi headquarters in Cipulir, South Jakarta.
Fri, 08 May 1998
Regional currencies recover after sharp fall in rupiah
Regional currencies recover after sharp fall in rupiah SINGAPORE (Reuters): Regional currencies recovered after an early trouncing yesterday following a sharp fall in the rupiah in London and New York amid deep concern over the deteriorating situation in Indonesia.
Fri, 08 May 1998
ILO to launch project on women's employment
ILO to launch project on women's employment JAKARTA (JP): The International Labor Organization (ILO) is seeking to cooperate with the government and local non- governmental organizations (NGOs) to expand employment opportunities for poverty-stricken women here.
Fri, 08 May 1998
U.S. and Finland remain confident in RI economy
U.S. and Finland remain confident in RI economy JAKARTA (JP): A group of visiting, top American executives said here yesterday they remained confident in the long-term future of the Indonesian economy despite the social unrest in the nation's major cities.
Fri, 08 May 1998
Can corruption be wiped out here?
Can corruption be wiped out here?By Donna K. Woodward JAKARTA (JP): More and more Indonesians are speaking out against the corruption -- payoffs, bribery, kickbacks, collusion -- that is strangling this economy. And yet the payoffs and kickbacks continue.
Fri, 08 May 1998
Indonesian boys' tennis team reaches quarters
Indonesian boys' tennis team reaches quarters JAKARTA (JP): The Indonesian boys' team maintained its 100 percent record going into the knock-out, last-eight, round of the World Junior Tennis Championship Asia/Oceania qualifying tournament here yesterday.
Fri, 08 May 1998
Hotel land dispute case begins in Slipi
Hotel land dispute case begins in Slipi JAKARTA (JP): West Jakarta District Court began trying a lawsuit yesterday filed against PT Putra Swadaya Prasetya, a private company which owns Hotel Ibis in Slipi, West Jakarta, for allegedly illegally appropriating the plot where the building stands.
Fri, 08 May 1998
Medan calm but sporadic looting continues
Medan calm but sporadic looting continuesBy Efendy Naibaho MEDAN, North Sumatra (JP): Medan was mostly calm, albeit tense, yesterday after three days of rioting, although some looting continued on the city's outskirts, witnesses said.
Fri, 08 May 1998
Residents take law into own hands
Residents take law into own hands TANGERANG (JP): Hundreds of people burned and destroyed dozens of dimly lit food stalls in several villages here Wednesday evening, claiming the stalls had been used as brothels.The destruction erupted after the stalls' owners ignored residents' complaints.
Fri, 08 May 1998
Rupiah too weak: Soedradjad
Rupiah too weak: Soedradjad HONG KONG (AP): Indonesia's former Bank Indonesia (BI) governor J. Soedradjad Djiwandono said yesterday that the recent weakening of rupiah was caused purely by social unrest and that it should be stronger.
Fri, 08 May 1998
Police arrest members of several car theft gangs
Police arrest members of several car theft gangs JAKARTA (JP): Central Jakarta police have arrested nine car thieves believed to be members of different organized gangs in several raids since last month, it was revealed yesterday.Central Jakarta Police chief Lt. Col.
Fri, 08 May 1998
Lights out for Kupang dogs
Lights out for Kupang dogs KUPANG, East Nusa Tenggara: At least 170,000 dogs in East Flores will be put to sleep after a health team discovered that at least eight people had recently died of rabies."In order for this area to be free of the 'mad dog' disease, all dogs have to be slain because this...
Fri, 08 May 1998
Probe of Jamsostek's management urged
Probe of Jamsostek's management urged JAKARTA (JP): A senior member of the House of Representatives has urged the government to seriously investigate the alleged rampant corrupt practices at state-owned social security company PT Jamsostek.
Fri, 08 May 1998
Land owners have 'nothing to fear'
Land owners have 'nothing to fear' JAKARTA (JP): President Soeharto has assured owners of idle land they have nothing to fear if they allow needy farmers to cultivate the plots for additional income, a minister said yesterday.
Thu, 07 May 1998
Newsprint price will be raised up to 12%
Newsprint price will be raised up to 12% JAKARTA (JP): The Indonesian Pulp and Paper Association (APKI) said yesterday it would raise the price of newsprint by 10 percent to 12 percent, following the rise in fuel and electricity prices.
Thu, 07 May 1998
Fuel price hike prompts Garuda to raise airfares
Fuel price hike prompts Garuda to raise airfares JAKARTA (JP): National flag carrier Garuda Indonesia has raised the tariffs of all its domestic flights by an average of 37.7 percent, effective today, to take account of the sharp fuel- price rise and the rupiah's weakening value.
Thu, 07 May 1998
ICMI calls for total political reform
ICMI calls for total political reform JAKARTA (JP): The Association of Indonesian Moslem Intellectuals (ICMI) broke ranks with the government yesterday by calling for total political reform to lift the nation out of the economic crisis.
Thu, 07 May 1998
RI needs constitutional economy
RI needs constitutional economyBy Akhmad Mukhtar JAKARTA (JP): The prolonged economic crisis in Indonesia reflects the bad policies and poor economic management of the government, the administration of which is poorly regulated.
Thu, 07 May 1998
Stocks and rupiah dive over unrest
Stocks and rupiah dive over unrest JAKARTA (JP): Share prices plunged by nearly 5 percent and the rupiah lost almost 8 percent on fears that escalating riots in Medan, North Sumatra, will spread to other major cities.
Thu, 07 May 1998
OPEC basket price falls to $13.38
OPEC basket price falls to $13.38 LONDON (Reuters): The price of OPEC's basket of seven crudes fell to US$13.38 a barrel on Tuesday from $13.62 on Monday from $13.24, the OPEC news agency said quoting the OPEC Secretariat.
Thu, 07 May 1998
Plywood income likely to fall by 16 percent
Plywood income likely to fall by 16 percent JAKARTA (JP): Indonesia's foreign exchange earnings from plywood exports is expected to fall 16 percent this year to US$3 billion from $3.58 billion last year, the Association of Indonesian Wood Panel Producers (Apkindo) estimates.