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Tue, 02 Jun 1998
Economic repair urgent
Economic repair urgent It seems President B.J. Habibie's government is still being swept by the reform tide. It is still busy responding to complaints and making sweet sounding promises about the nation's future.
Tue, 02 Jun 1998
Bali receives fewer tourists
Bali receives fewer tourists JAKARTA (JP): The number of foreign tourists visiting Bali, the country's top tourist destination, fell 7.3 percent in the first four months of this year to 356,114 from 384,033 in the same period last year.
Tue, 02 Jun 1998
Stocks and rupiah lose ground in thin trading
Stocks and rupiah lose ground in thin trading JAKARTA (JP): The country's financial markets lost ground yesterday with the rupiah closing lower against the U.S. dollar and stock prices on the Jakarta Stock Exchange (JSX) falling 1.5 percent, analysts and dealers said.
Tue, 02 Jun 1998
Park animals hungry as crisis bites
Park animals hungry as crisis bites CISARUA, West Java (JP): The prolonged economic crisis and political uncertainty has forced many businesspeople to temporarily close their factories, shops and offices.
Tue, 02 Jun 1998
Indonesia may field smaller team in Asiad
Indonesia may field smaller team in Asiad JAKARTA (JP): The National Sports Council is considering a sizable cut in the Indonesian team for the Asian Games in Bangkok in December due to many sports' poor preparations.
Tue, 02 Jun 1998
Probe into graft under Soeharto govt starts
Probe into graft under Soeharto govt starts JAKARTA (JP): The government has launched an investigation into corruption under former president Soeharto but has no plans to specifically target the former Indonesian leader, Attorney General Soedjono C.
Tue, 02 Jun 1998
Megawati calls on the nation to stop denouncing Soeharto
Megawati calls on the nation to stop denouncing Soeharto JAKARTA (JP): Opposition leader Megawati Soekarnoputri echoed fellow government critic Amien Rais yesterday in urging the nation to show compassion and stop battering fallen president Soeharto.
Tue, 02 Jun 1998
No change in E. Timor policy, says Habibie
No change in E. Timor policy, says Habibie JAKARTA (JP): President B.J. Habibie said yesterday there would be no change in the government's policy on East Timor, according to Ambassador-at-large on the East Timor issue F.X. Lopez da Cruz.
Tue, 02 Jun 1998
Rates for Tax Payment
Rates for Tax Payment JAKARTA (JP): The new official conversion rates as the basis for payment of import duty, value-added tax on goods and services, sales tax on luxury goods, export tax and income tax, valid from June 1 to June 7: U.S dollar 1 Rp 10,500.00Austrian shilling 1 837.
Tue, 02 Jun 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:35 Children's Film 3:05 Performance: Tanah Airku 3:30 Village Program 4:00 Regional News 4:30 Music: Lagu Pop Daerah 5:00 English Lessons 5:30 Documentary 6:00 News: Lintasan Berita 6:05 My Country: Rona Nusantara 6:15 Sports 6:30 TVRI News (in English) 7:00...
Tue, 02 Jun 1998
Ex-IPTN worker reemployed
Ex-IPTN worker reemployed BANDUNG, West Java: Asep Rukmana, a former employee of state- owned Nusantara Aircraft Manufacturing Industry (IPTN) here, regained his job over the weekend, more than two years after his much-publicized dismissal.
Tue, 02 Jun 1998
Habibie names his team of economic advisors
Habibie names his team of economic advisors JAKARTA (JP): President B.J. Habibie appointed three senior economists as advisors yesterday and revamped the Economic and Monetary Resilience Council in a bid to accelerate revival of the country's ailing economy, a minister said yesterday.
Tue, 02 Jun 1998
STIC maintains profit
STIC maintains profit SINGAPORE (Reuters): Infrastructure based Singapore Technologies Industrials Corp (STIC) is maintaining its 15 percent profit growth target for 1998 despite the unrest in Indonesia, a top company official said yesterday.
Tue, 02 Jun 1998
Japanese statues impress Yogyakartans
Japanese statues impress YogyakartansBy R. Fadjri YOGYAKARTA (JP): Free forms of three-dimensional objects fill the modest gallery with various sculpting and engraving techniques. One which especially catches the eye is Gentle Seduction, a wooden statue two meters high.
Tue, 02 Jun 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on June 1, 1998: Buying Selling Rp Rp U.S. dollar 1 10,900.00 11,900.00Austrian shilling 1 n/a n/aAustralian dollar 1 6,489.00 6,948.60Belgian franc 1 285.20 303.60Canadian dollar 1 7,206.60 7,655.
Tue, 02 Jun 1998
Time frame for MPR session 'proposed by House leaders'
Time frame for MPR session 'proposed by House leaders' JAKARTA (JP): President B.J. Habibie claimed yesterday it was the leaders of the House of Representatives (DPR) who proposed the time frame for the extraordinary session of the People's Consultative Assembly (MPR) which will set the date for a...
Tue, 02 Jun 1998
Indonesian debt talks begin in Frankfurt
Indonesian debt talks begin in Frankfurt FRANKFURT (Dow Jones): Debt talks between a delegation of Indonesian government and banking officials and a steering committee of foreign creditor banks started in Frankfurt yesterday.The Indonesian debt team is headed by Radius Prawiro.
Tue, 02 Jun 1998
Discriminatory act of the govt
Discriminatory act of the govt The government's decision to release Dr. Muchtar Pakpahan and Dr. Sri Bintang Pamungkas from prison has made me both happy and sad. I am happy because it suggests that Habibie's administration is committed to total reform within the bounds of the constitution.
Tue, 02 Jun 1998
Holland attracts few Indonesian students
Holland attracts few Indonesian studentsBy Marieke van Heek JAKARTA (JP): An education exhibition at the Jakarta Convention Center from May 7 to May 11 saw a fairly good representation from the Netherlands, with about nine universities and higher professional education institutes present.
Tue, 02 Jun 1998
Where to go in Bandung:
Where to go in Bandung:Exhibition * Silver Accesories by Runa Jewelry at Preanger Aerowisata Bandung Hotel, Jl. Asia Afrika No. 81 (Phone: 022 431631), daily.Film * French Film at CCF - French Cultural Center, Jl. Purnawarman 32 Bandung (Phone: 022 4212417), 4 p.m.: Deux hommes dans la ville, Jun.
Tue, 02 Jun 1998
Reform vital in legal sector
Reform vital in legal sectorBy T. Mulya Lubis JAKARTA (JP): The legal sector is trailing behind other sectors. Historically, from colonial times, the law in political life has always been employed as an instrument of devide et impera (divide and rule) and repression, while in the economic realm,...
Tue, 02 Jun 1998
Sempati Air grounded by monetary crisis
Sempati Air grounded by monetary crisis JAKARTA (JP): Minister of Transportation and Communications Giri Suseno Hadihardjono said yesterday PT Sempati Air, one of the country's six scheduled airlines, would stop operations after being crippled for months by the monetary crisis.
Tue, 02 Jun 1998
Baby boom fears as contraceptives rise in price
Baby boom fears as contraceptives rise in price JAKARTA (JP): The soaring price of contraceptives, brought about by the deepening economic crisis, may lead to a baby boom, State Minister of Population Ida Bagus Oka warned yesterday.
Tue, 02 Jun 1998
19 ABRI members go to trial Saturday
19 ABRI members go to trial Saturday JAKARTA (JP): Nineteen military personnel suspected of involvement in the fatal shooting of four Trisakti University students will be brought before a military tribunal on June 6, an official said yesterday.Head of the Jakarta Military Police, Col.
Tue, 02 Jun 1998
Pertamina, Japan in talks on Arun field
Pertamina, Japan in talks on Arun field HONG KONG (Dow Jones): Indonesia's state-owned oil and gas concern, Pertamina, is currently negotiating with Japanese buyers over the possible extension of liquefied natural gas supply from the Arun field.
Tue, 02 Jun 1998
Metro Pacific falls 6.17%
Metro Pacific falls 6.17% MANILA (Reuters): Metro Pacific Corp tumbled 6.17 percent in midsession yesterday on worries over the fate of its parent, Indonesia's Salim Group, brokers said."People are afraid of what's happening in Indonesia and how Salim will come out of the crisis," said Jose Ricardo...
Tue, 02 Jun 1998
Expats settle in N. Sulawesi
Expats settle in N. Sulawesi MANADO, Maluku: Expatriates from 31 countries, such as the United States, Australia, Slovakia and Yemen, have obtained permanent or temporary residence permits in North Sulawesi, Indonesia's northernmost province, this year.
Tue, 02 Jun 1998
Floor price of unhusked rice to be increased to Rp 1,000
Floor price of unhusked rice to be increased to Rp 1,000 JAKARTA (JP): The government has decided to increase the floor price of unhusked rice this month by 43 percent to Rp 1,000 (10 U.S cents) a kilogram from Rp 700, Minister of Agriculture Soleh Solahuddin said yesterday.
Tue, 02 Jun 1998
Food stall owners vow to seek compensation
Food stall owners vow to seek compensation JAKARTA (JP): The Roadside Food Stall Owners Cooperative vowed yesterday to continue pressuring the government to compensate them for losses suffered during the free-meal programs organized in March by former minister of social services Siti Hardijanti...
Tue, 02 Jun 1998
An oasis of fun at luxury Ria Bintan Club Med Resort
An oasis of fun at luxury Ria Bintan Club Med Resort Fun and frolicking in these times is hard to imagine, but not at the Ria Bintan Club Med Resort, located on the north coast of Bintan island. Club Med, celebrating one of its first holiday seasons in Bintan since its opening last October, invited...
Tue, 02 Jun 1998
Tangerang court gets new chief
Tangerang court gets new chief TANGERANG (JP): West Java High Court chief Padmadisastra has installed Soebardi as the new Tangerang District Court chief, replacing Soedardji who is being promoted to be a judge at the Tanjung Karang High Court in Lampung.
Tue, 02 Jun 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 1, 1998: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 650 0 0 AHAP Insurance 500 0 0 Alter Abadi 775 0 0 Alumindo Light Metal 275 0 32,500 Alumindo Perkasa 275 0...
Tue, 02 Jun 1998
Foreign firms keep water contracts under new deal
Foreign firms keep water contracts under new deal JAKARTA (JP): The city administration has decided to continue cooperating with Lyonnaise des Eaux of France and Thames Water International of Britain in water management as long as the two foreign firms set up new joint ventures with city-owned...
Mon, 01 Jun 1998
Korean, local killed in car crash in East Jakarta
Korean, local killed in car crash in East Jakarta JAKARTA (JP): A Korean and an Indonesian were killed when their car collided with a truck in Cawang, East Jakarta, early Saturday, hospital sources said.
Mon, 01 Jun 1998
Predicting the shape of our future politics
Predicting the shape of our future politicsBy Mochtar Buchori JAKARTA (JP): The departure of Soeharto as Indonesia's president will likely be followed by the emergence of new political forces and the decline of old established ones.
Mon, 01 Jun 1998
WHO office in blood drive
WHO office in blood drive JAKARTA (JP): The World Health Organization (WHO) in Indonesia is holding a blood donation campaign here on Thursday, targeting office workers in the Jl. Sudirman area.The campaign will be held at Wisma GKBI building at between 9 a.m. and 1 p.m.
Mon, 01 Jun 1998
Depending too much on technology is not good
Depending too much on technology is not goodBy Hanny Agustine JAKARTA (JP): The banking industry, a sector most affected by the economic turmoil, suffered further when more than 500 bank offices were damaged or burned down in the recent riots.
Mon, 01 Jun 1998
'Tempo', 'DeTik' set to restart publication
'Tempo', 'DeTik' set to restart publication JAKARTA (JP): Journalists from the banned newsweeklies Tempo and DeTik have seized on rejuvenated freedoms of expression by announcing their intention of reestablishing the publications despite financial constraints.
Mon, 01 Jun 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Art Exhibition by Sixteen Female Artists, at the Regent Jakarta, Main Lobby, Jl. H.R. Rasuna Said, South Jakarta (Phone: 2523456), until June 20. * Art Exhibition: Graphical Works of Art by W.O.J Nieuwenkamp, at Erasmus Huis, Jl. H.R.
Mon, 01 Jun 1998
Reform starts with oneself
Reform starts with oneselfFrom Pikiran RakyatFor months, students and lecturers have voiced demands for reform at many universities. The ramifications are heard throughout Indonesia and even the entire world.
Mon, 01 Jun 1998
National park faces new threat
National park faces new threat SAMARINDA, East Kalimantan: After the forest fires, the 200,000-hectare Kutai National Park is now facing a new threat: a coal mining company is to exploit the lowland rain forest reserve area.
Mon, 01 Jun 1998
Japan traders to back RI
Japan traders to back RI TOKYO (Nikkei): Major Japanese trading houses plan to shore up operations in Indonesia, where their joint ventures with local concerns are experiencing difficulties raising funds due to disorder on local financial markets and reluctance by European and U.S.
Mon, 01 Jun 1998
High tide leave 400 homeless
High tide leave 400 homeless PADANG, West Sumatra: High tides hitting two coastal villages in Padang Utara over the past 10 days have left at least 400 people homeless.Most of the villagers of Ujung Karang and Lolong have been forced to take shelter with relatives in the safest nearby areas, Antara...
Mon, 01 Jun 1998
Sixteen arrested in drug orgy in Tanah Abang
Sixteen arrested in drug orgy in Tanah Abang JAKARTA (JP): Police arrested 16 alleged drug traffickers and users in a raid Friday at a boarding house on Jl. Kebon Sayur, Tanah Abang, Central Jakarta."Some of them were heavily stoned when the police arrived.
Mon, 01 Jun 1998
Danareksa tops bond trading
Danareksa tops bond trading JAKARTA (JP): State owned PT Danareksa Sekuritas has been named the best member of the Surabaya Stock Exchange (SSX) for its marked achievement in bond trading in 1997.The SSX said Saturday that PT Bahana Sekuritas came second and PT Peregrine Securities third for their...
Mon, 01 Jun 1998
Three students still missing
Three students still missing BOGOR (JP): Six out of nine Djuanda University students who were reported missing after police raided their campus on May 9 returned last week, a media report said Saturday.
Mon, 01 Jun 1998
Kaspari's IBF title hopes dashed by American Austin
Kaspari's IBF title hopes dashed by American Austin LAS VEGAS (Reuters): American Tim Austin retained his International Boxing Federation bantamweight title on Saturday when referee Mills Lane stopped the scheduled 12-round bout with Adrian Kaspari of Indonesia in the third round.
Mon, 01 Jun 1998
AAL exports tea to India
AAL exports tea to India JAKARTA (JP): Publicly listed plantation firm PT Astra Agro Lestari (AAL), a subsidiary of the country's largest automaker PT Astra International, announced Saturday that it had exported nine metric tons of black tea worth US$18,474 to India.
Mon, 01 Jun 1998
RI political risk cover evaporates
RI political risk cover evaporates SINGAPORE (Reuters): Political risk to business deals is at its height in crisis-hit Indonesia, but insurance cover for exposure to it has vanished in the wake of economic and social turmoil that led to the ouster of its former president.
Mon, 01 Jun 1998
ANZ says Asian exposure will decrease over time
ANZ says Asian exposure will decrease over time SYDNEY (Reuters): Australia and New Zealand Banking Group Ltd (ANZ), the Australian bank most exposed to Asian lending, said yesterday it expected its exposure to the economically troubled region to drift downwards over time.