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Thu, 11 Jun 1998
PAL says strike over, downsizing
PAL says strike over, downsizing MANILA (Reuters): Philippine Airlines unilaterally declared an end to a six-day strike yesterday which has crippled its operations and said it was looking for new pilots.
Thu, 11 Jun 1998
Myanmar economy grows 4.6%
Myanmar economy grows 4.6% YANGON (AP): Myanmar's economy grew 4.6 percent in the last fiscal year, failing to reach the targeted growth rate of 6.4 percent, according to newly-released official statistics seen yesterday.
Thu, 11 Jun 1998
Suu Kyi wants Estrada's support
Suu Kyi wants Estrada's support MANILA (DPA): Myanmar opposition leader Aung San Suu Kyi appealed yesterday to Philippine President-elect Joseph Estrada to take the lead in persuading the Association of Southeast Asian Nations (ASEAN) to support democracy in her homeland.
Thu, 11 Jun 1998
RI power on credit watch
RI power on credit watch NEW YORK (Dow Jones): Standard & Poor's triple-C ratings on the following Indonesian independent power producer (IPP) project bonds and bank loans remain on creditwatch with negative implications, where they were placed December 1997:-- Paiton Energy Funding B.V.
Thu, 11 Jun 1998
Govt to abolish state school fees
Govt to abolish state school fees JAKARTA (JP): The government is to abolish tuition fees for all state schools in an attempt to ease the devastating impact of the monetary crisis which has resulted in nearly one out of every three children dropping out of school.
Thu, 11 Jun 1998
Animals go on diet in leaner times
Animals go on diet in leaner times JAKARTA (JP): Like their cousins at zoos across the country, animals at Ragunan Zoo in South Jakarta are finding the economic crisis has taken a big bite out of their food allotments.
Thu, 11 Jun 1998
Jakarta's anniversary to be commemorated in modest way
Jakarta's anniversary to be commemorated in modest way JAKARTA (JP): The commemoration of Jakarta's 471st anniversary next month will be a very modest occasion due to the limited availability of funds, deputy governor for administrative affairs Abdul Kahfi said yesterday.
Thu, 11 Jun 1998
Floods could hit Kalimantan
Floods could hit Kalimantan SAMARINDA, East Kalimantan: Several cities in the province could be vulnerable to severe flooding during the coming rainy season because of the poor condition of water catchments, particularly those located along the Mahakam river, an official said yesterday.
Thu, 11 Jun 1998
El Nusa may lose Pertamina monopoly
El Nusa may lose Pertamina monopoly JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto said he would abolish the monopoly given to PT EL Nusa for the maintenance of the state oil and gas company Pertamina's refineries.
Thu, 11 Jun 1998
Rupiah breaks 13,000 barrier against dollar
Rupiah breaks 13,000 barrier against dollar JAKARTA (JP): The rupiah broke the 13,000 barrier against the U.S. dollar in thin morning trade yesterday but managed to recover slightly in the afternoon to end the day at 12,900.
Thu, 11 Jun 1998
Theft at five-star hotel
Theft at five-star hotel I would like to draw the attention of The Jakarta Post readers to security arrangements in Gran Melia here in Jakarta.On April 3, 1998, my mobile phone was stolen while I sat in the lobby of that hotel reading a newspaper, so beware, do not relax at Gran Melia Jakarta.
Thu, 11 Jun 1998
Man faces 30 months in jail
Man faces 30 months in jail TANGERANG (JP): A prosecutor asked Tangerang district court to sentence Sopan Tarigan, 36, to 30 months in jail for attempting to smuggle 25,750 Ecstasy pills and a quantity of the drug in powdered form through Soekarno-Hatta International Airport.
Thu, 11 Jun 1998
IMF director arrives to review aid program
IMF director arrives to review aid program JAKARTA (JP): IMF Asia Pacific director Hubert Neiss said yesterday he expected the agency to disburse its second US$1 billion bailout money to Indonesia next month."It could be mid July, or early July.
Thu, 11 Jun 1998
Witness explains on murder case
Witness explains on murder case JAKARTA (JP): Rushdy Hasan Belbasy, an associate of a murdered Yemeni man, denied yesterday that he was being sought by the police in connection with the slaying."I was summoned to the city police headquarters in my capacity only as a witness in the case," Rushdy...
Thu, 11 Jun 1998
Separatists surrender
Separatists surrender DILI, East Timor: As many as 21 sympathizers of the separatist Fretilin group living in the western part of East Timor have surrendered to the Maubara district military command in Liquisa district."Eighteen of them surrendered last Thursday and the rest last Sunday.
Thu, 11 Jun 1998
Golkar must quickly transform itself or disappear: Analyst
Golkar must quickly transform itself or disappear: Analyst JAKARTA (JP): Golkar must quickly transform itself or possibly face life in political oblivion after the government introduces a new law on political parties in the next few months.
Thu, 11 Jun 1998
SE Asia currencies follow yen lower
SE Asia currencies follow yen lower SINGAPORE (Dow Jones): Southeast Asian currencies closed sharply lower yesterday in a volatile day of trading in Asia.Against the backdrop of the weak Japanese yen, which has pressured regional currencies for the past several weeks, exchange rates were hit by bad...
Thu, 11 Jun 1998
Indonesia to import sugar, soybeans to meet needs
Indonesia to import sugar, soybeans to meet needs JAKARTA (JP): Minister of Food and Horticulture AM Saefuddin said yesterday the country would import 1.3 million metric tons of sugar and 0.7 million tons of soybeans this year to make up for shortages on the domestic market.
Thu, 11 Jun 1998
Astra reshuffles management, halts cars production
Astra reshuffles management, halts cars production JAKARTA (JP): The country's largest automaker, Astra International, reshuffled its management yesterday and announced a temporary halt in production due to lack of orders.
Wed, 10 Jun 1998
Distressed debt a new asset class in Asia
Distressed debt a new asset class in AsiaBy Andrea Ricci HONG KONG (Reuters): Asia's decline in fortunes has created a new class of securities previously associated with troubled Latin economies but not robust Asia -- distressed debt.
Wed, 10 Jun 1998
Right action to take
Right action to takeFrom NeracaRecently all newspapers carried a report that Bank Indonesia (BI) had sustained losses of more than Rp 83 trillion in connection with the take-over of six problem-fraught banks.
Wed, 10 Jun 1998
Energy firm says Indonesian power contract guaranteed
Energy firm says Indonesian power contract guaranteed MELBOURNE (Dow Jones): Australian energy company, Energy Equity Corp., denied yesterday its power purchase agreement with Indonesia's state-owned power company is under threat.
Wed, 10 Jun 1998
The death of our airlines
The death of our airlines Five of our regular airlines are reported to be on the brink of being compelled to halt their operations because of soaring operating expenses and falling revenues sparked by the prolonged economic crisis.
Wed, 10 Jun 1998
Haves, have-nots: Asia's outlook
Haves, have-nots: Asia's outlook SINGAPORE (Reuters): Japan is emerging as the biggest question mark for Asia's economies, most of which are expected to continue to perform poorly over the next six months, according to analysts polled for a Reuters survey.
Wed, 10 Jun 1998
Marina Mahathir marries RI photographer
Marina Mahathir marries RI photographer JAKARTA (JP): Malaysian premier Mahathir Mohamad's eldest daughter Marina Mahathir married Indonesian professional photographer Tara Sosrowardoyo Sunday at Sri Perdana, the prime minister's official residence.
Wed, 10 Jun 1998
Water tariffs to be cut by a quarter
Water tariffs to be cut by a quarter JAKARTA (JP): The city administration, beset by a deluge of complaints over new tap water rates, decided yesterday to lower them by an average of 25 percent starting next month.
Wed, 10 Jun 1998
Scavengers 'eat' Harmoko's home
Scavengers 'eat' Harmoko's home SUKOHARJO, Central Java: A swarm of scavengers broke down the walls of House of Representatives Speaker Harmoko's house in Grogol village, Sukoharjo yesterday, and "devoured" whatever they could.
Wed, 10 Jun 1998
Three die in train collision
Three die in train collision TEGAL, Central Java: At least three people died and several houses were burned down by a fire when a train loaded with fuel oil crashed into a steamroller crossing the railroad tracks near Kebasen village, on the outskirts of Tegal, yesterday.
Wed, 10 Jun 1998
GMBI receives ISO award
GMBI receives ISO award JAKARTA (JP): Automobile manufacturer PT General Motors Buana Indonesia (GMBI), the Indonesian producer of Opel vehicles, announced yesterday it has been awarded an ISO 9002 certification for its production and service quality.
Wed, 10 Jun 1998
PWI, SPS oppose new press rulings
PWI, SPS oppose new press rulings JAKARTA (JP): The Association of Indonesian Journalists (PWI) and the Association of Indonesian Publishers (SPS) have joined forces in calling on the government to annul a newly issued decree allowing it to freeze errant media's publishing licenses for an...
Wed, 10 Jun 1998
Malaysia-Myanmar trade
Malaysia-Myanmar trade KUALA LUMPUR (DPA): Malaysia and Myanmar inked a bilateral agreement yesterday to increase bilateral trade, which officials indicate would also take the form of "product exchange" or barter trade on selected products.
Wed, 10 Jun 1998
Asahan not to boost output
Asahan not to boost output TOKYO (Reuters): Nippon Asahan Aluminium Co Ltd said yesterday that operation rates at its smelter in Indonesia remained reduced as recent rainfall had failed to boost water levels at a lake that supplies power to the plant."Rain fell on the smelter, but not over the lake.
Wed, 10 Jun 1998
Southeast Asia bookies set to cash in
Southeast Asia bookies set to cash in SINGAPORE (Reuters): Illegal bookies in gambling crazed Southeast Asia are poised to make a killing as the World Cup kicks off, offering odds rivaling the best London bookmakers, pundits said yesterday.
Wed, 10 Jun 1998
Investigators find proof linking Clinton to Riady
Investigators find proof linking Clinton to Riady WASHINGTON (AP): In the earliest evidence linking United States President Bill Clinton to a foreign donation, investigators have unearthed a 1992 memo indicating James Riady took a coveted private car ride with Clinton just before the Indonesian...
Wed, 10 Jun 1998
Indonesia's ties with Egypt based on long history
Indonesia's ties with Egypt based on long historyBy Al Busyra Basnur JAKARTA (JP): The Treaty of Cordiality and Friendship, which was signed by Indonesia and Egypt on June 10 1947, is a very important document in the history of the bilateral relations between the two countries.
Wed, 10 Jun 1998
Beware of divisive sentiment
Beware of divisive sentiment There should be no place for racial prejudice by citizens of this country against fellow citizens. The preamble of Indonesia's 1945 Constitution clearly states that one of the nation's duties is to protect all the people.
Wed, 10 Jun 1998
No need for new political laws, experts say
No need for new political laws, experts say JAKARTA (JP): Most political experts believe Indonesia no longer needs laws to govern political parties as the new electoral law, currently being drafted, should be sufficient.
Wed, 10 Jun 1998
Habibie says he won't contest next election
Habibie says he won't contest next election JAKARTA (Reuters): President B.J. Habibie said here yesterday he was pushing Indonesia's electoral reform programs as fast as possible despite calls by critics for even speedier elections.
Wed, 10 Jun 1998
DNA test shows Sumatran tiger a separate species
DNA test shows Sumatran tiger a separate species WASHINGTON (Reuters): DNA evidence shows that Sumatran tigers are a separate species from other tigers, which means extra efforts are needed to save them, scientists said on Monday.
Wed, 10 Jun 1998
Prosecutors ignore defense request in Trisakti hearing
Prosecutors ignore defense request in Trisakti hearing JAKARTA (JP): The second session of the court-martial of two police officers involved in the Trisakti shooting incident ended in tension yesterday after prosecutors ignored a defense request to respond to the prosecutor's statement.
Wed, 10 Jun 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film 3:05 Family's Film 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 News (in English) 7:00 Evening...
Wed, 10 Jun 1998
Indonesian women in politics
Indonesian women in politicsBy Johannes Nugroho SURABAYA (JP): The inception of the Indonesian Women's Party (PPI) by novelist La Rose recently brought forth the issue of women's role in the governance of this country.
Wed, 10 Jun 1998
The Chinese become the silent minority
The Chinese become the silent minorityBy Sri Lestari JAKARTA (JP): Not long after the first riots broke out in Jakarta less than a month ago, hundreds, or even thousands, of people hastily grabbed their belongings and fled the city in fear of their lives. Some even left the country.
Wed, 10 Jun 1998
Weakening yen continues to overshadow markets
Weakening yen continues to overshadow markets SINGAPORE (Reuters): Japan's sliding currency made Asian markets suffer again on Tuesday as worries about the weak yen's impact on regional stability and competitiveness overshadowed trade.
Wed, 10 Jun 1998
Yen's fall a bane and boon for Japan, curse for Asia
Yen's fall a bane and boon for Japan, curse for AsiaBy Linda Sieg TOKYO (Reuters): Japanese policy-makers confronting an ever weaker yen could be forgiven a bit of ambivalence, given conflicting views on how much a falling currency helps or hinders the beleaguered economy.
Wed, 10 Jun 1998
Trend toward more democracy continues in Asia
Trend toward more democracy continues in AsiaBy Olaf Jahn HONG KONG (DPA): The collapse of the Soeharto regime in Indonesia was only the latest chapter in a pro-democratic domino effect that has been transforming Asia for a dozen years.
Wed, 10 Jun 1998
Indonesia, Singapore Navies launch joint civic work mission
Indonesia, Singapore Navies launch joint civic work mission PALEMBANG, South Sumatra (JP): The Navy will continue to place a strong emphasis in its civic work missions to help alleviate poverty in the country's least developed areas."The Navy sees the Baskara Jaya civic work mission as a must.
Wed, 10 Jun 1998
Minister admits anomaly in sales of fertilizer
Minister admits anomaly in sales of fertilizer JAKARTA (JP): The Ministry of Agriculture admitted yesterday that malfeasance occurred in the distribution of subsidized fertilizers earmarked for farmers.
Wed, 10 Jun 1998
AG and BPKP to audit all Pertamina contracts
AG and BPKP to audit all Pertamina contracts JAKARTA (JP): The Attorney General's Office and the Development Finance Comptroller (BPKP) will conduct legal and financial audits of contracts between the state oil and gas company Pertamina and companies linked to former president Soeharto's family and...
Wed, 10 Jun 1998
Blaming the victim
Blaming the victim In his letter of June 30, Mr. Sumarsono finds fault with the fact that many Chinese-Indonesians chose to flee the country during the riots which engulfed Indonesia several weeks ago. He also cites their siege mentality, feeling of victimization and lack of commitment as reasons...