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Fri, 29 May 1998
IMF may not offer all the answers
IMF may not offer all the answersBy Peter Sheehan and David Ray MELBOURNE (JP): With the resignation of former president Soeharto and the establishment of the Habibie government, Indonesia has a major opportunity for renewed economic and social progress.
Fri, 29 May 1998
Mar'ie wants govt to close ailing banks
Mar'ie wants govt to close ailing banks YOGYAKARTA (JP): Former finance minister Mar'ie Muhammad urged the government yesterday to close down ailing banks which could no longer be maintained without further financial help."Banks which are in the worst shape are better off closed.
Fri, 29 May 1998
Transparency for BI
Transparency for BIFrom NeracaBank Indonesia (BI) is now free from the government's interference. It is now time for BI, as an independent monetary authority, to account to the House of Representatives and the public for the funds allocated for its liquidity credits (KLBI), totaling more than Rp...
Fri, 29 May 1998
Labor party to elect board members next week
Labor party to elect board members next week JAKARTA (JP): The Indonesian Workers Party (PPI), a new political party established by labor activists, is to assemble next week to elect an executive board.
Fri, 29 May 1998
Aussie farm trade shocked
Aussie farm trade shocked SYDNEY (Reuters): Australia's A$20 billion a year farm export sector is braced for a worsening impact from the Asian crisis.Ian Donges, newly-elected president of Australia's peak farm body the National Farmers' Federation (NFF), said he was concerned especially about...
Fri, 29 May 1998
India ships rice to Indonesia
India ships rice to Indonesia NEW DELHI (Reuters): Indian exporters sold 75,000 tons of long grain non-basmati rice to Indonesia this month, a leading trader said yesterday."I have sold 75,000 tons of long grain rice to Indonesia in the past 10 days," Prem Garg, managing director of Shivnathrai...
Fri, 29 May 1998
TV channel to promote ASEAN culture mooted
TV channel to promote ASEAN culture mooted SINGAPORE (DPA): The Association of Southeast Asian Nations (ASEAN) may set up a satellite television channel to showcase the region's cultures, reports in Singapore said Wednesday.
Fri, 29 May 1998
Badminton players, coaches earn their cash bonuses
Badminton players, coaches earn their cash bonuses JAKARTA (JP): A cash bonus presentation capped the national badminton team's Thomas Cup victory celebration Wednesday, with each member receiving between Rp 20 million (US$2,000) and Rp 60 million.The rewards, totaling Rp 1.
Fri, 29 May 1998
UI to host overnight gathering on reform
UI to host overnight gathering on reform JAKARTA (JP): Up to 10,000 university students and lecturers in Greater Jakarta are expected to participate in an evening of music and discussions about reform at the University of Indonesia's Depok campus tonight.
Fri, 29 May 1998
Universities as tools for peaceful change
Universities as tools for peaceful changeBy Meuthia Ganie Rochman BOGOR (JP): What kinds of changes does Indonesian society expect to happen, planned or responsive?At present, the cultural themes about planned changes are vanishing.
Fri, 29 May 1998
Slum residents perform at TIM
Slum residents perform at TIM JAKARTA (JP): Slum residents, rejecting the label of looters and rioters apparently given to them, are participating in a performance and installation exhibition under the theme public witness, organizers said.
Fri, 29 May 1998
De Venecia concedes defeat
De Venecia concedes defeat MANILA (AP): Ruling party candidate Jose de Venecia conceded defeat yesterday, a day before Congress was scheduled to proclaim Vice President Joseph Estrada as the Philippines' next president.
Fri, 29 May 1998
Man caught for necklace snatching
Man caught for necklace snatching JAKARTA (JP): Central Jakarta Police have arrested a man for snatching a passerby's gold necklace at Senen bus terminal on Tuesday.The chief of Central Jakarta's police investigation unit, Jacob Margani, identified the suspect yesterday as Dedi Kurniawan Saragih,...
Fri, 29 May 1998
Govt releases two more political prisoners
Govt releases two more political prisoners JAKARTA (JP): The government released yesterday two more political prisoners and dropped charges against three female activists who had been accused of disrupting public order.
Fri, 29 May 1998
Woman too broke to bury husband
Woman too broke to bury husband JAKARTA (JP): A 45-year-old destitute housewife of five handed over her husband's remains to the state-owned Cipto Mangunkusumo General Hospital on Tuesday night for burial.
Fri, 29 May 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 28, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 650 0 0 AHAP Insurance 500 0 0 Alter Abadi 775 0 0 Alumindo Light Metal 300 0 30,000 Alumindo Perkasa...
Fri, 29 May 1998
Police chief change 'Hamami's request'
Police chief change 'Hamami's request' JAKARTA (JP): National Police Commander Gen. Dibyo Widodo said yesterday that the replacement of Maj. Gen. Hamami Nata as Jakarta Police chief was totally unrelated to the fatal shooting of four Trisakti University students on May 12.
Fri, 29 May 1998
Good job
Good job It has been on my mind for several days to write to you. I've long been an admirer of The Jakarta Post and have found especially your news coverage over the four and a half years that we've lived in Jakarta excellent.
Fri, 29 May 1998
Payment clarification
Payment clarification In response to the letter from Ms. Kristina Djaja which appeared in May 27's The Jakarta Post, Visa International advises that such conduct is unacceptable.Once a Visa cardholder signs the sales draft, it becomes an authorization for a purchase and also a proven document of...
Fri, 29 May 1998
Soeharto clan fazed by probe into fortune
Soeharto clan fazed by probe into fortune JAKARTA (JP): Former president Soeharto and his family would not object to having their personal wealth investigated as long as it was conducted by the Attorney General's Office, a relative said yesterday.
Fri, 29 May 1998
Joint naval patrols held
Joint naval patrols held HANOI (Reuters): Vietnam and Thailand will hold their first joint naval patrols in November to guarantee security for ships exploiting oil and gas in the Gulf of Thailand, the official Vietnam News Agency (VNA) said.
Fri, 29 May 1998
Soeharto family web spans 120 Pertamina associates
Soeharto family web spans 120 Pertamina associates JAKARTA (JP): State oil and gas company Pertamina has identified at least 120 companies operating as its contractors or suppliers which are owned by former president Soeharto's family and cronies.
Fri, 29 May 1998
ID card processing free of charge
ID card processing free of charge TANGERANG (JP): The Tangerang mayoralty administration has decided to abolish all costs in the processing of identification cards in a bid to help people through the monetary crisis, an official said yesterday.
Fri, 29 May 1998
Perta Oil continues operations as normal
Perta Oil continues operations as normal HONG KONG (Dow Jones): Perta Oil Marketing Ltd., an affiliate of Indonesian state-owned oil company, Pertamina, is operating as usual, despite government statements that Pertamina's affiliates are under review, a source close to Perta Oil Marketing Ltd. said.
Fri, 29 May 1998
Food subsidies for industries to end
Food subsidies for industries to end JAKARTA (JP): The government is to import only essential foodstuffs for household use and is encouraging industries to import food of a quality that meets their needs, a minister said yesterday.
Fri, 29 May 1998
Case settled
Case settled Referring to my letter "Bank Bali Visa Card" in the May 27 edition of The Jakarta Post, and based on my discussion with Kahyangan Restaurant at the President Hotel, I declare that the case between me and the restaurant was settled a long time ago.
Fri, 29 May 1998
More loot returned in W. Jakarta
More loot returned in W. Jakarta JAKARTA (JP): The West Jakarta military district handed over to the West Jakarta mayoralty Wednesday more goods it had confiscated from looters during the recent riots.Five televisions, two diesel engines, 27 tires and Rp 7.
Fri, 29 May 1998
Change for the better
Change for the betterFrom MerdekaLet me first congratulate Prof. B.J. Habibie on his appointment as president of the Republic of Indonesia, a very important position in this country, and the leader of 200 million people made up of diverse racial and tribal groups and various religions.
Fri, 29 May 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Cartoon: Tom and Jerry Kids 3:05 Sports: Menantang Arus 3:30 Village Program 4:00 Regional News 4:30 Performance: Cakrawala Budaya 5:00 Music: Paket 27 5:30 Education Quiz: Cepat Tepat 6:00 News: Lintasan Berita 6:05 My Country: Rona Nusantara...
Fri, 29 May 1998
Riot-hit shopping centers unlikely to open for weeks
Riot-hit shopping centers unlikely to open for weeks JAKARTA (JP): Most of the 119 shopping centers which were looted and vandalized in the May 14 riots will not reopen for another one or two months, an official said.
Fri, 29 May 1998
Where to go in Bali:
Where to go in Bali:Music and entertainment * Grand Hyatt Bali, Nusa Dua (Phone: 0361 771234): - Poolside: Pasar Senggol (Traditional Balinese Market), daily, 6:30 p.m., Kecak Dance, Friday and Tuesday. Legong Dance, Saturday and Wednesday, 7 p.m., Arjuna Wiwaha Dance, Sunday, 7 p.m.
Fri, 29 May 1998
Fresh riots erupt in N. Sumatra and S. Sulawesi
Fresh riots erupt in N. Sumatra and S. Sulawesi JAKARTA (JP): Rioting erupted Wednesday in the North Sumatra town of Tanjungbalai and South Sulawesi town of Jeneponto leaving at least one man dead and 14 people injured.
Fri, 29 May 1998
Japan trade houses rekindle fears on Asia
Japan trade houses rekindle fears on Asia TOKYO (Reuters): Japanese trading houses rekindled worries about their financial health yesterday with fresh disclosure of their vast exposure to the troubled Asian region.
Fri, 29 May 1998
Councilors recruited neposticly 'should resign'
Councilors recruited neposticly 'should resign' JAKARTA (JP): City Council speaker Edy Waluyo called on councilors yesterday who obtained their seats nepotisticly to resign.But Edy said that he would be careful when approaching the councilors he believed fell into this category.
Fri, 29 May 1998
Students honored in reform diorama
Students honored in reform diorama JAKARTA (JP): The ongoing student-led reform campaign will be immortalized at the National Monument (Monas), an official said yesterday.Monas promotion manager Soleh Satyawirawan said the diorama in the monument, unlike museums, could accommodate current...
Fri, 29 May 1998
Poll schedule to be set at end of year
Poll schedule to be set at end of year JAKARTA (JP): Speaker of the House of Representatives (DPR) Harmoko yesterday shot down hopes for snap elections, saying that an extraordinary session of the People's Consultative Assembly (MPR) to set a poll date would not be held until the end of the year.
Fri, 29 May 1998
S'pore rubber prices weaken
S'pore rubber prices weaken SINGAPORE (Reuters): Singapore rubber futures fell across the board on Thursday on profit-taking from previous gains and traders said such selling might continue."Worries over Indonesia are decreasing so some people started to take profits," said one trader.
Fri, 29 May 1998
Golkar leaders talk down risk of disintegration
Golkar leaders talk down risk of disintegration JAKARTA (JP): Golkar leaders were stoical yesterday about the possible unraveling of the dominant political grouping following the breakaway of one of its strongest allies, MKGR. They said they still had enough cadres to ensure the party's survival.
Fri, 29 May 1998
Dow cancels RI project
Dow cancels RI project SINGAPORE (Reuters): Dow Chemical said yesterday it has put plans to build an olefins complex in West Java, Indonesia on hold."The project is put on hold due to economic conditions in Indonesia," Brian Trotter, Dow Chemical's Indonesia country general manager said.
Fri, 29 May 1998
Critics urge IMF to disburse loans
Critics urge IMF to disburse loans JAKARTA (JP): Prominent government critics met yesterday with visiting International Monetary Fund (IMF) Asia-Pacific Director Hubert Neiss, calling on the body to continue its loan disbursements unconditionally to alleviate the suffering of millions of people...
Fri, 29 May 1998
Pismatek cancels car deal
Pismatek cancels car deal JAKARTA (JP): PT Pismatek Group from Pekalongan in Central Java said yesterday it had canceled its plan to produce automotive components for the Timor car project.Pismatek Group president Djamal Ghozi said the company won a contract several months ago to supply pistons to...
Fri, 29 May 1998
Habibie's burdens
Habibie's burdens B.J. Habibie is only the third president in Indonesia's 50- year postcolonial history, but he assumes office with two heavy burdens that could make his tenure brief.Habibie's first problem is Indonesia's months-old economic crisis.
Fri, 29 May 1998
Property sector 'needs foreign investment'
Property sector 'needs foreign investment' JAKARTA (JP): The property market needs foreign investors with fresh capital to pay debts, release existing owners from unprofitable properties and restructure the sector, a property analyst said.
Fri, 29 May 1998
Minister Yunus Yosfiah claims he sides with the media
Minister Yunus Yosfiah claims he sides with the media JAKARTA (JP): Minister of Information Yunus Yosfiah in a brief meeting with about a dozen journalists grouped in the newly formed Indonesian Press Solidarity Society (SMPI), said he supported the establishment of alternative media organizations...
Fri, 29 May 1998
Prabowo installed chief of Staff and Command School
Prabowo installed chief of Staff and Command School JAKARTA (JP): Lt. Gen. Prabowo Subianto, one of Indonesia's prominent generals, was installed yesterday as chief of the Armed Forces Staff and Command School -- his first noncombatant post after a long series of high-profile active duties.
Fri, 29 May 1998
Hotel Mulia told to pay Rp 20b fine for violations
Hotel Mulia told to pay Rp 20b fine for violations JAKARTA (JP): City councilors urged the city administration yesterday to order management of Hotel Mulia to pay forthwith the Rp 20.5 billion penalty owed for violations of spatial permits.
Fri, 29 May 1998
Moertopo: Problem solver and straight talker
Moertopo: Problem solver and straight talker Our Asia correspondent Harvey Stockwin remembers Gen. Ali Moertopo against the background of Indonesia's current crisis. This is the first of two articles. HONG KONG (JP): At the time of trauma and travail for Indonesia, one Indonesian who comes readily...
Fri, 29 May 1998
W. Sumatra may suspend governor
W. Sumatra may suspend governor PADANG, West Sumatra: The provincial prosecutors office has filed a request, through the Attorney General, to the Minister of Home Affairs to suspend West Sumatra Governor Muchlis Ibrahim and Padang Mayor Zuiyen Rais, for their alleged involvement in a bribery...
Fri, 29 May 1998
Insurance firms urged to honor claims
Insurance firms urged to honor claims JAKARTA (JP): The Ministry of Finance's director of insurance, Suyoto, has called on insurance companies to pay claims made by retailers whose properties were badly damaged during recent unrests.
Fri, 29 May 1998
Pawnshop sees brisk business
Pawnshop sees brisk business LARANTUKA, East Nusa Tenggara: As a result of the economic crisis sweeping across the country, the state-owned pawnshop PT Pegadaian here has seen extremely brisk business with people lining up in search of credit.The Rp 2.