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Sat, 20 Jun 1998
Govt delays power tariff increases for households
Govt delays power tariff increases for households JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto has ordered state electricity company PLN to delay increasing power prices for households following mounting public protests.
Sat, 20 Jun 1998
First Pacific eyes Indofood
First Pacific eyes Indofood HONG KONG (Reuters): First Pacific Co. Ltd said yesterday it was studying investments in dozens of companies, including Indonesian noodle company PT Indofood Sukses Makmur controlled by the Salim family.
Sat, 20 Jun 1998
PLN firm on Cikarang Listrindo decision
PLN firm on Cikarang Listrindo decision JAKARTA (JP): State electricity company PLN president Djiteng Marsudi said yesterday he would not review his recent decision to annul the company's power purchase contract with PT Cikarang Listrindo, an independent power producer.
Sat, 20 Jun 1998
RI has new proposals on East Timor dispute
RI has new proposals on East Timor dispute UNITED NATIONS (Agencies): Indonesia's foreign minister Ali Alatas yesterday offered new proposals to resolve the decades-old dispute over East Timor, the United Nations said.Alatas, who kept his post under the new government of B.J.
Sat, 20 Jun 1998
Indonesians of Chinese descent
Indonesians of Chinese descent I am writing in response to Sumarsono Sastrowardoyo's letters of May 30 and June 12.The Indonesian nation as we know it today, in essence, "never existed" before. Even the word Indonesia was made up by the European colonists.
Sat, 20 Jun 1998
WB lends Malaysia $300m
WB lends Malaysia $300m WASHINGTON (Reuters): The World Bank approved a $300 million loan on Thursday for Malaysia and said the money would help ease the social costs of Asia's economic flu.The bank said the loan, to be paid in a single instalment, would give Malaysia the budget flexibility it...
Sat, 20 Jun 1998
Political scientists offer draft for dynamic reform
Political scientists offer draft for dynamic reform JAKARTA (JP): A group of political scientists warned yesterday the reform process should not be restricted to a changing of the political guard, but also effect a dynamic political system capable of "self-reform".
Sat, 20 Jun 1998
Say it with cartoons and nobody will feel humiliated
Say it with cartoons and nobody will feel humiliatedBy Yudha Kartohadiprodjo JAKARTA (JP): It is not easy to criticize without hurting someone's feelings but things come easier for cartoonists. With their humor, they can condemn society and the government while, at the same time, put a smile on...
Sat, 20 Jun 1998
Pertamina fights to secure crude from Mobil and BHP
Pertamina fights to secure crude from Mobil and BHP SINGAPORE (Reuters): Indonesian state oil company Pertamina has in principle concluded deals to buy three July cargoes of crude from Asia and West Africa with private oil firms, but final agreement is subject to Pertamina's ability to open letters...
Sat, 20 Jun 1998
Habibie outlines grim realities
Habibie outlines grim realities JAKARTA (JP): President B.J. Habibie yesterday recognized that there was little the government could do to help reduce the unemployment rate, especially among the educated, which is expected to further swell in the months ahead.
Sat, 20 Jun 1998
21 ABRI members quizzed in missing persons probe
21 ABRI members quizzed in missing persons probe JAKARTA (JP): National Military Police have questioned 21 police and military officers as part of their ongoing investigation into the disappearance of a number of political activists, an official said yesterday.
Fri, 19 Jun 1998
RI receive $1b trade loan from Japan's Exim Bank
RI receive $1b trade loan from Japan's Exim Bank JAKARTA (JP): The country's crippled export industry will soon get a boost of a US$1 billion trade financing facility from Japan's Exim Bank under a credit agreement signed here yesterday.
Fri, 19 Jun 1998
One million Moslems expected to participate in mass prayer
One million Moslems expected to participate in mass prayer JAKARTA (JP): Some one million Moslems from Greater Jakarta are expected to join a special service to pray to Allah at Senayan sports complex eastern parking lot in Central Jakarta on July 5, the organizers said Wednesday.
Fri, 19 Jun 1998
Yen mediation helps SE Asian currencies
Yen mediation helps SE Asian currencies SINGAPORE (Dow Jones): Southeast Asian currencies rallied across the board against the U.S. dollar, spurred on by joint intervention by the U.S. and Japan overnight to prop up the Japanese yen.
Fri, 19 Jun 1998
Sjahril says rupiah to remain floated
Sjahril says rupiah to remain floated JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin said yesterday that the central bank has no plans to reintroduce a managed exchange rate system to arrest the rupiah's free fall against the U.S. dollar.
Fri, 19 Jun 1998
305 riot victims receive loans
305 riot victims receive loans JAKARTA (JP): Three hundred and five small-scale traders in the city whose shops were looted and destroyed in last month's violent riots have received concessional loans worth Rp 483.5 million (US$20,220) to restart their businesses.
Fri, 19 Jun 1998
Labor fund 'unlikely to curb jobless rate'
Labor fund 'unlikely to curb jobless rate' JAKARTA (JP): A senior manpower official has conceded that Rp 1 trillion (US$66.6 million) earmarked for labor-intensive projects will likely make little headway in stemming the alarming rise in unemployment nationwide.
Fri, 19 Jun 1998
Harmful forces 'threaten state'
Harmful forces 'threaten state' JAKARTA (JP): Armed Forces (ABRI) Commander Gen. Wiranto warned yesterday of attempts by certain forces to destroy people's confidence in the government, including the military, which, if not stopped, could lead to national disintegration.
Fri, 19 Jun 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on June 18, 1998: Buying Selling Rp Rp U.S. dollar 1 13,500.00 15,000.00Austrian shilling 1 1,064.90 1,252.80Australian dollar 1 8,437.30 9,286.50Belgian franc 1 376.30 411.60Canadian dollar 1 9,468.
Fri, 19 Jun 1998
Indonesia at risk of becoming Asia's black hole
Indonesia at risk of becoming Asia's black holeBy Dewi Anggraeni MELBOURNE (JP): A recent seminar, launching the 1998 issue of Asia-Pacific Profiles here, hosted by Asialink of the University of Melbourne and Price Waterhouse, projected a cautiously limited optimism on the prospects of economic...
Fri, 19 Jun 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Arts Exhibition: ASEANA, a showcase of ASEAN Cultures, featuring books, video and audio tapes, paintings, photographs, handicrafts, at ASEAN Secretariat, Jl. Sisingamangaraja 70A, South Jakarta (Phone: 7262991), until July 25. Monday to Friday, 9 a.m. - 7 p.m.
Fri, 19 Jun 1998
Security guard stabbed to death
Security guard stabbed to death JAKARTA (JP): A security officer of the Griya Parahita housing complex at Bumi Serpong Damai in Tangerang was found dead Wednesday after allegedly being stabbed by two associates.
Fri, 19 Jun 1998
Detained Filipinos to be repatriated
Detained Filipinos to be repatriated MANILA (DPA): More than 130 Filipinos arrested for illegal fishing and other crimes in Indonesia will be repatriated to the Philippines next week during a joint naval exercise, the military said yesterday.
Fri, 19 Jun 1998
AAL exports rubber to S'pore
AAL exports rubber to S'pore JAKARTA (JP): Publicly listed plantation firm PT Astra Agro Lestari, a subsidiary of the country's largest automaker PT Astra International, announced yesterday that it had exported 32.6 metric tons of rubber worth US$23,065 to Singapore.
Fri, 19 Jun 1998
World Bank predicts RI contraction will reach 15%
World Bank predicts RI contraction will reach 15% SYDNEY (Reuters): A World Bank executive said yesterday that the contraction in the Indonesia economy could be up to 15 percent, higher than forecast by policymakers two months ago.
Fri, 19 Jun 1998
Two new envoys submit credentials
Two new envoys submit credentials JAKARTA (JP): President B.J. Habibie received the credentials of South Korea's new ambassador Hong Jung-pyo and Sri Lanka's new ambassador Tisse Dias Bandaranayke in separate ceremonies at the Merdeka Palace yesterday.
Fri, 19 Jun 1998
Traders say Indonesia may cut crude exports
Traders say Indonesia may cut crude exports SINGAPORE (Reuters): Initial estimates of Indonesia's crude export program for July indicate that state oil company Pertamina has cut the July allocations of its main Minas, Cinta and Widuri crudes compared to June, traders said yesterday.
Fri, 19 Jun 1998
ASEAN noninterference needs reconsidering
ASEAN noninterference needs reconsidering The ASEAN policy of noninterference has long afforded members of our little community the opportunity to misbehave in the certain knowledge that if the neighbors saw something, they would insist that they had not.
Fri, 19 Jun 1998
Megawati's camp denies ordering chapter takeovers
Megawati's camp denies ordering chapter takeovers JAKARTA (JP): Indonesian Democratic Party (PDI) executives aligned to Megawati Soekarnoputri have denied giving the order for a series of "takeovers" of party offices in several cities.
Fri, 19 Jun 1998
Aquino protests Marcos burial plan
Aquino protests Marcos burial plan MANILA (Reuters): Former Philippine president Corazon Aquino led a street protest yesterday against the planned burial of Ferdinand Marcos at the Heroes Cemetery, saying it was no place for a dictator.
Fri, 19 Jun 1998
MPI vows to go it alone despite new forestry group
MPI vows to go it alone despite new forestry group JAKARTA (JP): The Indonesian Forestry Society (MPI) vowed yesterday to remain in existence despite the establishment of a rival forestry society advocating reforms in the sector.MPI spokesman A.
Fri, 19 Jun 1998
UCL's steam deliveries
UCL's steam deliveries EL SEGUNDO, Calif. (Dow Jones): Unocal Corp.'s (UCL) Unocal Geothermal of Indonesia Ltd. unit received a $900,000 payment for $4.3 million in March steam deliveries to Gunung Salak electric generating units 1, 2, and 3, creating a shortfall of $3.4 million.
Fri, 19 Jun 1998
TV today
TV todayTVRI 12:15 p.m. World Cup Soccer (rerun) 2:00 News: Berita 14 2:30 Music 2:35 Children's Film: Tom and Jerry Kids 3:05 Sports 3:30 Village Program 4:00 Regional News 4:30 Performance: Cakrawala Budaya 5:00 Music: Paket 27 5:30 Education Quiz: Cerdas Cermat 6:00 News: Lintasan Berita 6:05 My...
Fri, 19 Jun 1998
U.S. to resume support for loans to Indonesia: Albright
U.S. to resume support for loans to Indonesia: Albright WASHINGTON (Reuters): United States Secretary of State Madeleine Albright announced Wednesday that Washington would resume support for international lending to Indonesia.
Fri, 19 Jun 1998
Stable situation
Stable situation Many think that the present government is a legacy of the past with its dark side. I believe, however, that people change, and learn from their and others' experiences to improve themselves.I agree with Gen.
Fri, 19 Jun 1998
Feeling victimized
Feeling victimized Regarding Sumarsono Sastrowardoyo's letter on June 12, 1998, The Jakarta Post entitled: Feeling victimized, it is clear that despite the many reactions of other readers towards his letters, and the reports of atrocities committed against the Indonesian Chinese, Mr.
Fri, 19 Jun 1998
Merpati returns 17 leased planes to cut operational costs
Merpati returns 17 leased planes to cut operational costs JAKARTA (JP): The state-owned airline operator PT Merpati Nusantara Airlines (MNA) has returned 17 of its leased planes to cut swelling operating costs.
Fri, 19 Jun 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 18, 1998: Shares Close Change Trading Volume ------------------------------------------------------------ Astra Agro Lestari 2,900 125 230,500 Dharmala Insurance 1,450 0 0 Ades Alfindo 450 0 0 GT Petrochem Industrie 100 25...
Fri, 19 Jun 1998
Relatives of missing activists meet with ICRC
Relatives of missing activists meet with ICRC JAKARTA (JP): Relatives of missing activists met with representatives of the International Committee of the Red Cross (ICRC) here yesterday in a bid to press authorities to conduct a thorough investigation into the matter.
Fri, 19 Jun 1998
Indonesia likely to launch debt restructuring plan
Indonesia likely to launch debt restructuring plan NEW YORK (Dow Jones): Indonesia is aiming to launch a program to restructure between US$8 billion and $10 billion in bank debt by the end of June, a source familiar with the country's debt restructuring plan said Wednesday.
Fri, 19 Jun 1998
Has the reform movement ground to a halt?
Has the reform movement ground to a halt? One month after Soeharto fell from power, the hurly-burly of the reform movement seems to have calmed down. On the other hand, there is an impression that the government has responded to reform calls half-heartedly. Political analyst J.
Fri, 19 Jun 1998
ABRI to restructure its information center
ABRI to restructure its information center JAKARTA (JP): The Armed Forces (ABRI) information center will soon be restructured and integrated with a similar center from the Ministry of Defense and Security.Outgoing Armed Forces spokesman Brig. Gen. A.
Fri, 19 Jun 1998
Can Pertamina save the nation one more time?
Can Pertamina save the nation one more time?By T.N. Machmud JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto has on more than one occasion discussed the need for Pertamina to restructure and to return to its core business.
Fri, 19 Jun 1998
Rupiah strengthens to 15,000 to the dollar
Rupiah strengthens to 15,000 to the dollar JAKARTA (JP): The rupiah improved to Rp 15,000 against the U.S. dollar yesterday following a rally by the Japanese yen and intervention by Bank Indonesia (BI) to reduce domestic demand for the dollar, currency dealers said.
Fri, 19 Jun 1998
Four banks plan to merge
Four banks plan to merge JAKARTA (JP): The publicly listed Bank Mashill Utama, Bank Jayabank International, Bank Artamedia Indonesia and Bank Ciputra announced yesterday their intention to merge to enable them to meet new capital requirements.
Fri, 19 Jun 1998
Rescuers find body of driver
Rescuers find body of driver JAKARTA (AP): Rescuers have found the body of a Hong Kong movie maker's granddaughter who went missing while scuba diving in Indonesian waters, the National Search and Rescue Agency said yesterday.
Fri, 19 Jun 1998
Ecolabeling agency to audit operations of 16 timber firms
Ecolabeling agency to audit operations of 16 timber firms JAKARTA (JP): The Indonesian Ecolabeling Agency (LEI) will audit the operations of at least 16 timber companies this year to ascertain if they deserve to receive ecolabeling certification, the agency's chairman Emil Salim said here yesterday.
Fri, 19 Jun 1998
Mandala stewardesses seek legal advice over dismissal
Mandala stewardesses seek legal advice over dismissal JAKARTA (JP): Forty Mandala Airlines stewardesses took legal advice yesterday over their dismissal last month, a decision they claim was groundless and unclear.
Fri, 19 Jun 1998
PLN has poor calculating system: Kuntoro
PLN has poor calculating system: Kuntoro JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto has blamed extreme increases in power prices on a poor calculating system applied by the state-owned electricity company (PLN).
Fri, 19 Jun 1998
Rains should not dampen SE Asia smog war: Experts
Rains should not dampen SE Asia smog war: Experts SINGAPORE (Agencies): Southeast Asian environment ministers should not let the torrential rains sweeping the region dampen their efforts to tackle the smog caused by forest fires, experts said yesterday.