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Tue, 23 Jun 1998
PAL plans to employ laid-off RI pilots
PAL plans to employ laid-off RI pilots MANILA, Philippines (AP): Financially embattled Philippine Airlines (PAL) is planning to hire laid-off Indonesian pilots to replace Filipino pilots who went on strike and brought the airline close to collapse, an official said yesterday.
Tue, 23 Jun 1998
EEX plugs Indonesian well
EEX plugs Indonesian well HOUSTON (Dow Jones): EEX Corp. said an exploratory well at the Karang Anyar prospect on the Tuban block in Indonesia was plugged and abandoned after non-commercial accumulations of natural gas were encountered.EEX had a 50 percent interest in this well.
Tue, 23 Jun 1998
Awaiting new IMF money
Awaiting new IMF money The government and the International Monetary Fund (IMF) team in Jakarta are scheduled to wrap up their review of the Indonesian economic situation and the implementation of the reform package this week, making way for the IMF board in Washington to approve the country's next...
Tue, 23 Jun 1998
Asian palm oil markets eye currencies, export data
Asian palm oil markets eye currencies, export data KUALA LUMPUR (Reuters): Movements in regional currencies and Malaysia's export data are likely to determine the direction of Asian palm oil prices this week, traders said.
Tue, 23 Jun 1998
Military vows to foil labor demonstrations
Military vows to foil labor demonstrations JAKARTA (JP): Jakarta Military Commander Maj. Gen. Sjafrie Sjamsoeddin said yesterday that his forces would clamp down hard on any workers staging street demonstrations.
Tue, 23 Jun 1998
When seeking higher education, avoid the 'diploma mills'
When seeking higher education, avoid the 'diploma mills'By Donna K. Woodward MEDAN (JP): Many students from developing countries, including Indonesia, are eager to pursue an overseas education. Students and their families sometimes choose foreign schools because they have more confidence in...
Tue, 23 Jun 1998
Officials' uniform
Officials' uniformFrom KompasAt the inauguration of Teater Tanah Air at Taman Mini Indonesia Indah on the evening of April 20, I was amazed at seeing on TV the officials attending the ceremony dressed in uniform.I wonder what the necessity is in wearing uniforms for such ceremonies.
Tue, 23 Jun 1998
People demand lower prices
People demand lower prices MEDAN, North Sumatra: Hundreds of people from all walks of life gathered in Merdeka field here yesterday to demand lower prices of essentials.Grouped in the alliance of the North Sumatra reform movement (Agresu), protesting students, farmers, workers and fishermen blasted...
Tue, 23 Jun 1998
Jakartans told to foster a sense of belonging
Jakartans told to foster a sense of belonging JAKARTA (JP): Governor Sutiyoso has urged Jakartans to promote consideration for others and a sense of belonging in fending off the blows dealt by the economic downturn and recent unrest.
Tue, 23 Jun 1998
Link found between money changer heists
Link found between money changer heists JAKARTA (JP): The Sunday robbery at Tritama Valasindo money changer in Central Jakarta may have been committed by members of the same group that raided another money changer's office two days earlier, a police officer said yesterday.
Tue, 23 Jun 1998
Goh, Hashimoto talk on RI
Goh, Hashimoto talk on RI TOKYO (Reuters): Japanese Prime Minister Ryutaro Hashimoto and Singapore's Prime Minister Goh Chok Tong spoke on the telephone for about 10 minutes on Monday to exchange views about the Indonesian economy, a senior MOF official said.
Tue, 23 Jun 1998
Mandala sticks to decision on stewardesses' dismissal
Mandala sticks to decision on stewardesses' dismissal JAKARTA (JP): Management of privately run Mandala Airlines has rejected demands to revoke a decision to dismiss 40 of its 145 female flight attendants, saying the employees were in the wrong to publicly protest the plan while it was pending.
Tue, 23 Jun 1998
RI needs to turn its economy inward
RI needs to turn its economy inward The Indonesian economy continues to deteriorate as the rupiah further weakens against the U.S. dollar. Economist Kwik Kian Gie proposes a new strategy in the development of the country's industry.
Tue, 23 Jun 1998
Habibie calls Trisakti students 'reform heroes'
Habibie calls Trisakti students 'reform heroes' JAKARTA (JP): President B.J. Habibie has described, for the first time, four Trisakti University students who were killed during a protest on May 12 as "reform heroes". He promised their parents yesterday that full justice would be sought.
Tue, 23 Jun 1998
Golkar's rule upholds Soeharto's supremacy
Golkar's rule upholds Soeharto's supremacy JAKARTA (JP): Former president Soeharto will continue to be firmly in control of Golkar until the dominant political organization changes its statues.Minister/State Secretary Akbar Tanjung said yesterday that the powers granted to Golkar's patron board,...
Tue, 23 Jun 1998
School final examination still needed: Official
School final examination still needed: Official JAKARTA (JP): Officials at the Ministry of Education and Culture maintain that state-run national school final examinations (Ebtanas) are still necessary, despite some flaws.
Tue, 23 Jun 1998
TV today
TV todayTVRI 12:15 p.m. World Cup Soccer (rerun) 2:00 News: Berita 14 2:35 Children's Film: Family Album 3:05 Children's Program: Tunas 3:30 Village Program 4:00 Regional News 4:30 Music: Lagu Pop Daerah 5:00 English Lessons 5:30 Documentary Film 6:00 News: Lintasan Berita 6:05 My Country: Rona...
Tue, 23 Jun 1998
Government confirms political reform agenda
Government confirms political reform agenda JAKARTA (JP): The government confirmed yesterday the schedule for its political reform agenda, to peak in December next year with the election of a new president and vice president.
Tue, 23 Jun 1998
Who to blame?
Who to blame? I am not a Chinese nor a pribumi (indigenous Indonesian). But what I read in The Jakarta Post disturbs me and I think I have lived in Indonesia long enough to understand the sentiments of both sides. Correct me if I am wrong.The pribumi blame the Chinese for their economic hardships.
Tue, 23 Jun 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 22 , 1998: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 450 0 0 AHAP Insurance 575 0 0 Alter Abadi 525 0 237,500 Alumindo Light Metal 300 0 0 Alumindo Perkasa 250...
Tue, 23 Jun 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on June 22, 1998: Buying Selling Rp Rp U.S. dollar 1 14,000.00 15,000.00Austrian shilling 1 1,087.50 1,242.80Australian dollar 1 8,622.90 9,226.10Belgian franc 1 384.40 408.60Canadian dollar 1 9,681.
Tue, 23 Jun 1998
New IMF accord expected to be signed this week
New IMF accord expected to be signed this week JAKARTA (JP): A new letter of intent between Indonesia and the International Monetary Fund (IMF) is expected to be signed this week, Coordinating Minister of Economy, Finance and Industry Ginandjar Kartasasmita said yesterday.
Tue, 23 Jun 1998
WB considering $1b in aid for RI
WB considering $1b in aid for RI JAKARTA (JP): The World Bank Executive Board is preparing to meet in Washington soon to consider a proposed US$1 billion policy reform support loan to Indonesia, a senior executive says.
Tue, 23 Jun 1998
PT Kodel denies relationship
PT Kodel denies relationship With reference to your report on June 19, 1998 titled 'Govt considering amending social security law: Fahmi' which mentions PT Moya Zamzami Utama, we hereby would like to make clear that PT Kodel has no relationship whatsoever with PT Moya Zamzami Utama neither as a...
Tue, 23 Jun 1998
U.S., Germany pledge support for Indonesia
U.S., Germany pledge support for Indonesia JAKARTA (JP): The United States and Germany pledged support yesterday for international efforts to assist Indonesia overcome its economic crisis.U.S. Deputy Secretary of Finance Lawrence Summers told reporters after meeting President B. J.
Tue, 23 Jun 1998
Minister names new Bapepam, IBRA chiefs
Minister names new Bapepam, IBRA chiefs JAKARTA (JP): The Ministry of Finance replaced eight top- ranking officials yesterday, including the chairman of the Indonesian Bank Restructuring Agency (IBRA) and the head of the Capital Market Supervisory Agency (Bapepam).New IBRA chairman is Glenn M.S.
Tue, 23 Jun 1998
Tourism down in E. Kalimantan
Tourism down in E. Kalimantan SAMARINDA, East Kalimantan: The number of tourists visiting East Kalimantan province in the first quarter of the year dropped by 40 percent compared to the same period last year.
Tue, 23 Jun 1998
Local Nahdlatul Ulama leader forms new political party
Local Nahdlatul Ulama leader forms new political party SEMARANG, Central Java (JP): Cholil Bisri, a leader of a local chapter of the Nahdlatul Ulama (NU) Moslem organization, has said he is ready to set up a new political party called the Community Awakening Party.
Tue, 23 Jun 1998
Mutilated woman murdered by a 'professional'
Mutilated woman murdered by a 'professional' JAKARTA (JP): The grisly murder of a woman whose mutilated body was found in Tangerang on Sunday was probably the work of a psychopath with a professional's knowledge of how to dismember a body, a forensic expert said yesterday.
Tue, 23 Jun 1998
Investors cut operations because of uncertainty
Investors cut operations because of uncertainty JAKARTA (JP): Foreign and local investors have significantly cut the operations of their industrial factories due to uncertainty in the country's political situation, State Minister of Investment Hamzah Haz said yesterday.
Tue, 23 Jun 1998
Bogor Police gets new chief
Bogor Police gets new chief BOGOR (JP): Bogor Regional Police chief Col. Abubakar Nataprawira has installed Lt. Col. Ferial Manaf as the new Bogor Regency Police chief, replacing Lt. Col. M. Ruslan Riza.
Tue, 23 Jun 1998
Ethnic Chinese who fled urged to return home
Ethnic Chinese who fled urged to return home JAKARTA (JP): Moslem leader Abdurrahman Wahid and top businessman William Soeryadjaya urged the thousands of Chinese- Indonesians who fled the country in the wake of last month's riots to return and help revive the nation's stalled economy.
Tue, 23 Jun 1998
Pacific won't buy Indofood
Pacific won't buy Indofood HONG KONG (Dow Jones): First Pacific Co. confirmed yesterday that it won't be acquiring fellow Salim Group member, PT Indofood Sukses Makmur.First Pacific Managing Director Manuel Pangilinan, speaking after the Hong Kong conglomerate's annual general meeting, said he's no...
Tue, 23 Jun 1998
E. Timor gets new police chief
E. Timor gets new police chief DILI, East Timor: Col. GM Timbul Silaen was installed here yesterday as the new chief of the East Timor Police.Timbul, who replaced Col. Atok Rismanto, was formerly deputy chief of the Central Sulawesi Police.
Tue, 23 Jun 1998
One way for East Timor
One way for East Timor The recent attempts by Indonesian President Bacharuddin Habibie to offer what he considers a solution to the East Timor question only serve to emphasize the intractability of the problem.
Tue, 23 Jun 1998
Asahan cuts operating rate to 40 percent
Asahan cuts operating rate to 40 percent TOKYO (Reuters): Nippon Asahan Aluminum Co Ltd said yesterday it had cut the operating rate of its aluminum smelter in Indonesia to 40 percent in mid-June due to low water levels at a lake that supplies power to the plant.
Tue, 23 Jun 1998
PPP rejects reelection of Tangerang mayor
PPP rejects reelection of Tangerang mayor TANGERANG (JP): The United Development Party (PPP) faction in the Tangerang Mayoralty Legislative Council announced yesterday that their members would not reelect Mayor Djakaria Mahmud for a second five-year term.Faction chairman M.
Tue, 23 Jun 1998
Estrada imposes conditions for Marcos' burial
Estrada imposes conditions for Marcos' burial MANILA (Reuters): Philippine President-elect Joseph Estrada told the widow of Ferdinand Marcos yesterday he would allow the late dictator's burial at Heroes Cemetery if only family attended and there were no political speeches.
Tue, 23 Jun 1998
Pacific-Rim trade ministers open talks
Pacific-Rim trade ministers open talks KUCHING, Malaysia (AP): The United States yesterday demanded that Japan serve as the "engine of growth" for shrinking Asian economies as two days of talks opened on liberalizing trade in the Pacific-Rim countries.
Tue, 23 Jun 1998
Currency traders count cost of self-protection
Currency traders count cost of self-protection JAKARTA (JP): The recent robberies of two money changers that left a cashier killed and resulted in Rp 760 million (US$47,500) in losses have awakened currency traders in the capital to the importance of security.
Tue, 23 Jun 1998
Asian crude prices firmer
Asian crude prices firmer SINGAPORE (Reuters): Heavy crude prices in Asia were talked firmer yesterday, following official news that Indonesia had cut its export allocations for July, traders said."Cinta and Widuri will definitely be stronger, there are no more spot supplies left," said a Japanese...
Tue, 23 Jun 1998
Japanese firms may control Hexindo
Japanese firms may control Hexindo JAKARTA (JP): Hitachi and Itochu Group, both of Japan, have pledged to buy all rights shares to be issued by PT Hexindo Adiperkasa in the next few months if other shareholders do not take the rights, a Hexindo executive said yesterday.
Tue, 23 Jun 1998
The layers of meaning of RI, Australian artists
The layers of meaning of RI, Australian artistsBy Putu Wirata DENPASAR (JP): Painters from Australia and Indonesia are holding a joint exhibition at the Puri Lukisan Museum in Ubud, Bali, from June 13 to June 26.
Tue, 23 Jun 1998
No mention of Kodel Group
No mention of Kodel Group I am writing in response to your article entitled 'Govt considering amending social security law: Fahmi' of June 19. In my capacity as chief of PT Jamsostek's Jl. Gatot Subroto office, I find it necessary to give the following explanation:1.
Tue, 23 Jun 1998
Military probe into kidnappings
Military probe into kidnappingsFrom Bisnis IndonesiaIt has been quite some time since the establishment of the small Armed Forces team led by Maj. Gen. Syamsu of the military police started an investigation into the cases of abduction and torture of Pius Lustrilanang and others.
Tue, 23 Jun 1998
Novus sells SE Sumatra interest for $20 million
Novus sells SE Sumatra interest for $20 million SYDNEY (Dow Jones): Novus Petroleum Ltd., an Australian oil and gas company, yesterday said it has sold its 3.72 percent interest in the South East Sumatra Production Sharing Contract in Indonesia to Pittencrieff Resources PLC of the UK for US$20...
Mon, 22 Jun 1998
Mexico says Nigeria, RI cheated on oil cuts
Mexico says Nigeria, RI cheated on oil cuts MEXICO CITY (Reuters): Mexico's Energy Minister Luis Tellez on Friday said Indonesia, Nigeria and probably Iran had not complied with their pledged oil production cuts in March's Riyadh pact.
Mon, 22 Jun 1998
Trisakti observes death of students
Trisakti observes death of students JAKARTA (JP): More than 200 students congregated at Trisakti University in Grogol, West Jakarta, Saturday evening to mark the 40th day of the death of four of the university's students in a police shooting at the campus on May 12.
Mon, 22 Jun 1998
Asia-Pacific free trade plan in limbo
Asia-Pacific free trade plan in limbo KUCHING, Malaysia (Reuters): A Pacific Rim trade liberalization plan is being held up by several countries which are unwilling to accept deadlines to open their economies, delegates to a regional meeting said on Saturday.
Mon, 22 Jun 1998
PWI unimpressed with new press guidelines
PWI unimpressed with new press guidelines JAKARTA (JP): The chairman of the Indonesian Journalists Association (PWI) has urged Minister of Information Muhammad Yunus Yosfiah to scrap a new decree that empowers the government to freeze the publishing licenses of newspapers and magazines.