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Thu, 28 May 1998
Habibie's promises
Habibie's promises Now that he has sworn in his new old-face-dominated reform cabinet (The Jakarta Post, May 24), our new president must prove all his promises and commitments.Many people think President B.J. Habibie is a clone of Soeharto, his long-time political guru.
Thu, 28 May 1998
More demonstrations for special session of MPR
More demonstrations for special session of MPR YOGYAKARTA (JP): Two hundred youths rallied at the local legislative council here yesterday demanding a special session of the People's Consultative Assembly (MPR) to replace President B.J. Habibie.
Thu, 28 May 1998
Pakpahan testifies at activists' trial
Pakpahan testifies at activists' trial JAKARTA (JP): Muchtar Pakpahan, chairman of the Indonesian Prosperous Labor Union who was released from jail Tuesday, testified yesterday at the trial of four union members charged of illegally holding a rally on Jl. Thamrin, Central Jakarta, on March 9.
Thu, 28 May 1998
Tangerang cancels water cooperation with Tutut
Tangerang cancels water cooperation with Tutut JAKARTA (JP): The Tangerang regency government has canceled a cooperative agreement on drinking water supply with a company owned by Siti "Tutut" Hardijanti Rukmana, former president Soeharto's eldest daughter.
Thu, 28 May 1998
23 foreign banks bid to back up privatization plan
23 foreign banks bid to back up privatization plan JAKARTA (JP): State Minister for the Empowerment of State Enterprises Tanri Abeng has said 23 foreign investment banks would compete to become financial advisors and underwriters of the country's privatization program.
Thu, 28 May 1998
Asian cultures plugged on TV
Asian cultures plugged on TV 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 yesterday.
Thu, 28 May 1998
Australia to stick with RI
Australia to stick with RI SYDNEY (DPA): Australia will not renege on its commitment to provide 1 billion U.S. dollars of the 43-billion-U.S.-dollar rescue package the International Monetary Fund has put together to help Indonesia out of its worst economic jam in 30 years.
Thu, 28 May 1998
Thais rice exports halted
Thais rice exports halted BANGKOK (Reuters): Thai rice exporters said yesterday they were maintaining their suspension of rice shipments to Indonesia despite a calmer political situation there.Any sales must be backed by letters of credit from credible commercial banks in third countries, exporters...
Thu, 28 May 1998
Bali offers free stay for reporters
Bali offers free stay for reporters JAKARTA (JP): If you are a foreign journalist, keep your vacation bags packed at the ready because free accommodation awaits in Bali.Bali Promo, the promotional body for the island's tourist industry, is offering a free four-night stay at one of its star- rated...
Thu, 28 May 1998
Prabowo to accept new post in ceremony today
Prabowo to accept new post in ceremony today JAKARTA (JP): Rife speculation about the sudden replacement of Lt. Gen. Prabowo Subianto as head of the Army's Strategic Reserves Command (Kostrad) was fanned further yesterday by news the handover ceremony for Prabowo's new post, heading the Armed...
Thu, 28 May 1998
Workers now free to set up their own union: Fahmi
Workers now free to set up their own union: Fahmi JAKARTA (JP): Minister of Manpower Fahmi Idris has promised that from now on, workers will be allowed to set up their own labor unions independent of the government-backed Federation of All-Indonesia Workers Union (FSPSI).
Thu, 28 May 1998
Earthquake shooks Ambon
Earthquake shooks Ambon AMBON, Maluku: An earthquake measuring 5.3 on the Richter scale shook Ambon and its surrounding areas for several minutes yesterday morning.There were no immediate reports of casualties or severe damage as a result of the quake, which, according to Antara, began at 10:49 a.m.
Thu, 28 May 1998
Councilor seeks cancellation of Teluknaga resort project
Councilor seeks cancellation of Teluknaga resort project TANGERANG (JP): A senior councilor is seeking the cancellation of a Rp 14 trillion ($1.4 billion) Teluknaga resort project because he claims the awarding of it to tycoon Liem Sioe Liong smacks of collusion with former president Soeharto.
Thu, 28 May 1998
Revoke tax holidays!
Revoke tax holidays! It is very interesting to me that these days, all national elements (students, workers and even cabinet ministers) are orchestrating the reform symphony in every step, move and decision within their respective area, authority or jurisprudence.
Thu, 28 May 1998
Police 'didn't use live ammunition at Trisakti'
Police 'didn't use live ammunition at Trisakti' JAKARTA (JP): The mystery of who fired the fatal shots in the May 12 death of four Trisakti University students slowly began to unfold yesterday when the National Commission on Human Rights said police did not use live ammunition.
Thu, 28 May 1998
Further deterioration expected in Asian banks
Further deterioration expected in Asian banks SINGAPORE (Agencies): Ratings agency Standard & Poor's (S&P) said yesterday it expects further deterioration in the financial state of Asian banks."Banks in Asia still have some further deterioration and downside to go," Ken McLay, director of S&P's...
Thu, 28 May 1998
Govt to free more political prisoners
Govt to free more political prisoners JAKARTA (JP): President B.J. Habibie offered assurances yesterday that all political prisoners would eventually be released unless they were Marxists or Communists.During a meeting with visiting United States Congressman Christopher H.
Wed, 27 May 1998
Students remembered as reform marches forward
Students remembered as reform marches forwardBy Ivy Susanti JAKARTA (JP): Two weeks ago, the fatal shooting of four Trisakti University students, demonstrating for reform on campus, rocked the nation.One small condolence for the parents was that their sons did not die for nothing, instead, the...
Wed, 27 May 1998
Where does national film reform start?
Where does national film reform start?By Marselli Soemarno JAKARTA (JP): The spirit of reform is sweeping through Indonesia. National film circles are proclaiming the same. But where must national film reform start?We could start with the empowerment of the highest film institute: the National Film...
Wed, 27 May 1998
Japan LDP to meet Habibie
Japan LDP to meet Habibie TOKYO (Reuters): A mission from Japan's ruling Liberal Democratic Party, led by former finance minister Yoshiro Hayashi, will visit Indonesia soon and meet new President B.J. Habibie, LDP sources said yesterday.
Wed, 27 May 1998
Bekasi lost Rp 25b in riots
Bekasi lost Rp 25b in riots BEKASI (JP): The May 14 massive rioting in the mayoralty caused a loss of about Rp 25 billion ($2.5 million), administration spokesman Cecep Sutandi says.The estimate does not include the value of goods looted from numerous shops and homes.
Wed, 27 May 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 26, 1998: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 650 0 0 AHAP Insurance 500 0 0 Alter Abadi 750 0 0 Alumindo Light Metal 300 50 353,500 Alumindo Perkasa...
Wed, 27 May 1998
GDS denies PDAM's accusations on water accord
GDS denies PDAM's accusations on water accord JAKARTA (JP): French firm Lyonnaise des Eaux, one of city- owned water company PDAM Jaya's two partners in a water supply management accord, denied yesterday PDAM allegations that it fled the country and neglected its obligations.
Wed, 27 May 1998
Pertamina pledges to root out corrupt, collusive practices
Pertamina pledges to root out corrupt, collusive practices JAKARTA (JP): State oil and gas company Pertamina pledged yesterday to rid its business operations of cronyism, collusion and nepotism.Pertamina president Soegianto said yesterday the company was currently collecting information about all...
Wed, 27 May 1998
Hysteria: A fruit of repression
Hysteria: A fruit of repressionBy Rahayu Ratnaningsih JAKARTA (JP): Several recent incidents in this country have made me ponder; what's happening to our people and society? What's got into the population that makes them so vulnerable to the syndrome of collective hysteria which serves no purpose...
Wed, 27 May 1998
Bogor defies tax abolition rule
Bogor defies tax abolition rule BOGOR (JP): Regency government officials have continued collecting fees and taxes which were officially abolished on May 23 as ordered by Law No. 18 of 1997.Government officials are still charging drivers of public transport vans and trucks fees on the streets of...
Wed, 27 May 1998
Japan import of RI crude fall
Japan import of RI crude fall TOKYO (Reuters): Japan's crude oil imports from Indonesia have been falling as the nation's electric power firms burn less crude oil and depend more on coal and nuclear power, industry sources said yesterday.
Wed, 27 May 1998
Jakartans offer cool welcome to Thomas Cup team
Jakartans offer cool welcome to Thomas Cup team JAKARTA (JP): Jakartans were apparently still recovering from the nightmare of recent riots yesterday, with few turning out to cheer a parade honoring their men's badminton squad after a successful defense of the Thomas Cup.
Wed, 27 May 1998
Myanmar opposition meeting to go ahead
Myanmar opposition meeting to go ahead BANGKOK (Reuters): Myanmar's military government said in a surprise statement yesterday that it would allow the opposition National League for Democracy to hold a gathering from May 27-28 to mark its unrecognized 1990 election victory.
Wed, 27 May 1998
Latexx defers Medan project
Latexx defers Medan project KUALA LUMPUR (Reuters): Malaysia's Latexx Partners Bhd said it was indefinitely shelving a plan to build a glove factory in Medan, North Sumatra, due to uncertainties in the neighboring country.
Wed, 27 May 1998
Govt needs another Rp 3t to import rice
Govt needs another Rp 3t to import rice JAKARTA (JP): Newly appointed State Minister of Food and Horticulture A.M. Saefuddin has said the government needs another Rp 3 trillion (US$300 million) to import more rice this year due to a sharp decline in Bulog's stocks.
Wed, 27 May 1998
GM staff returning to RI
GM staff returning to RI SINGAPORE (Reuters): General Motors expatriate staff have begun returning to Indonesia, the company said in a statement.Eleven employees were in the first wave which returned from Singapore on Monday, it said, and the remainder should be back in country by the end of the...
Wed, 27 May 1998
Government won't meddle in political parties' affairs
Government won't meddle in political parties' affairs JAKARTA (JP): New Minister of Home Affairs Lt. Gen. Syarwan Hamid has promised that the government will not meddle in the affairs of political parties or mass organizations.
Wed, 27 May 1998
Rupiah gains ground against U.S. dollar
Rupiah gains ground against U.S. dollar JAKARTA (JP): The rupiah gained more ground against the U.S. dollar yesterday after President B.J. Habibie promised to speed up economic and political reforms.Spot rupiah closed at 10,500 to the American dollar, a bit stronger than its close at 10,800 the...
Wed, 27 May 1998
ABN sees better RI ventures
ABN sees better RI ventures BRUSSELS (Reuters): Dutch bank ABN AMRO said on Monday it did not expect to have to make large additional provisions for its exposure in Indonesia despite the recent change of government in the Asian country.
Wed, 27 May 1998
Asian executives want Soeharto prosecuted
Asian executives want Soeharto prosecuted SINGAPORE (AP): Most Asian executives responding to their poll said former Indonesian President Soeharto and his family should be prosecuted for corruption, two regional media organizations said yesterday.
Wed, 27 May 1998
Experts question whether Pertamina can go it alone
Experts question whether Pertamina can go it alone SINGAPORE (Reuters): The oil industry applauded Indonesia's move towards greater transparency in its oil sector, but questioned whether state-owned Pertamina had the expertise to go it alone in international oil markets.
Wed, 27 May 1998
Timor vows to stick with its manufacturing project
Timor vows to stick with its manufacturing project JAKARTA (JP): PT Timor Putra Nasional, a controversial car company controlled by the youngest son of former president Soeharto, will continue its plan to build an automotive industry despite the change in government.
Wed, 27 May 1998
31 suspected looters handed over from Lampung
31 suspected looters handed over from Lampung JAKARTA (JP): Lampung Police have turned over 31 people to the Jakarta Police suspected of looting shops in the capital during the recent riots.The suspects were detained with their loot upon arriving at Bakauheni Port, Lampung, from Jakarta on May 19...
Wed, 27 May 1998
Run continues on Bank Central Asia
Run continues on Bank Central Asia JAKARTA (JP): Thousands of worried customers continued to withdraw their money from Indonesia's largest private bank, Bank Central Asia (BCA), here and in other cities across the country as rumors spread that the bank was unable to pay depositors.
Wed, 27 May 1998
Retailers seek insurance payments for riot damage
Retailers seek insurance payments for riot damage JAKARTA (JP): Members of the Indonesian Retail Merchants Association (Aprindo) whose premises were badly damaged during the recent social unrest are demanding insurance firms meet their claims for compensation.
Wed, 27 May 1998
Argo Muria train resumes operations
Argo Muria train resumes operations SEMARANG, Central Java: The Argo Muria executive train serving the Jakarta-Semarang route resumed operations Monday after suspending its trips last week due to widespread rioting in Jakarta.
Wed, 27 May 1998
Minister promises to probe Goro deal
Minister promises to probe Goro deal JAKARTA (JP): Minister of Cooperatives and Small Enterprises Adi Sasono said yesterday his office would investigate the recent sale of PT Humpuss' stake in wholesaler firm Goro to the Confederation of Primary Cooperative Associations (Inkud).
Wed, 27 May 1998
Taiwan, RI to discuss rice shipment
Taiwan, RI to discuss rice shipment TAIPEI (Dow Jones): Taiwan will begin negotiating next week with Jakarta authorities about the terms of payment for a 200,000-ton shipment of rice to Indonesia, an official at the Indonesian trade office in Taipei said yesterday.
Wed, 27 May 1998
Bank Rama set to merge with three other banks
Bank Rama set to merge with three other banks JAKARTA (JP): Publicly listed Bank Rama is set to merge with three other private banks later this year in a bid to meet the central bank's new capital requirement.
Wed, 27 May 1998
RI gold outflows may stop
RI gold outflows may stop SINGAPORE (Reuters): Panic gold selling from Indonesia may stop for a few weeks but gold outflows are not likely to halt indefinitely as the nation is still awash in uncertainties, bullion traders here said yesterday."The market has been very quiet since last week.
Wed, 27 May 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film: White Lies 3:05 Family's Film: Road to Avonlea 4:00 Regional News 4:30 Teen Program: Remaja Indonesia 5:00 Science and Technology Program 5:30 Education Quiz: Cepat Tepat 6:05 My Country: Rona Nusantara 6:15 Sports 6:30 TVRI...
Wed, 27 May 1998
Bintang and Pakpahan join push for reform
Bintang and Pakpahan join push for reform JAKARTA (JP): Former legislator Sri Bintang Pamungkas and labor leader Muchtar Pakpahan immediately joined the frontline push for reform just hours after their release from Cipinang Prison yesterday.
Wed, 27 May 1998
Market firm suffers Rp 56 billion loss
Market firm suffers Rp 56 billion loss JAKARTA (JP): City-owned market management company PD Pasar Jaya suffered a Rp 56 billion (US$5.6 million) loss in rioting two weeks ago in which 13 of its 152 markets were damaged or destroyed, an official said yesterday.
Wed, 27 May 1998
Syarwan resigns as House deputy speaker
Syarwan resigns as House deputy speaker JAKARTA (JP): House of Representatives Speaker Harmoko revealed yesterday that Deputy Speaker Syarwan Hamid had tendered his resignation from his legislative post following his appointment as Minister of Home Affairs.