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Thu, 23 Jul 1998
ASEAN to seek changes in Japan
ASEAN to seek changes in Japan MANILA (Agencies): The Association of Southeast Asian Nations (ASEAN) will call on Japan to urgently reform its banking system, cut taxes and push through a fiscal stimulus package, according to a draft statement prepared for a meeting of foreign ministers next week.
Thu, 23 Jul 1998
Utut keeps on winning in Biel
Utut keeps on winning in Biel JAKARTA (JP): Indonesian Grand Master Utut Adianto maintained his winning form on the second day of the Biel Master chess tournament in Switzerland on Tuesday.Utut used the full advantage of playing white to beat host player International Master Hans Juerg Kaenel after...
Thu, 23 Jul 1998
Antam's new refinery method
Antam's new refinery method JAKARTA (JP): Publicly listed state mining company Aneka Tambang is trying a new method of gold smelting and refining at its Logam Mulia smelter and refinery to improve efficiency, the company said.
Thu, 23 Jul 1998
E. Java military encourages people to confront rioters
E. Java military encourages people to confront rioters JAKARTA (JP): Military officials, attempting to assuage fears stirred up by rumors of renewed rioting likely in East and Central Java, have given people the go-ahead to defend themselves against rioters.East Java military chief Maj. Gen.
Thu, 23 Jul 1998
Minimum capital for securities firms raised
Minimum capital for securities firms raised JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) plans to increase the minimum net-adjusted working capital of the country's securities companies to Rp 5 billion (US$357,000) from Rp 500 million at present.
Thu, 23 Jul 1998
Freeport's exploration costs
Freeport's exploration costs NEW ORLEANS (Reuters): Freeport-McMoRan Copper & Gold Inc. [FCX.N] said Tuesday its share of second-quarter exploration expenses was $4.9 million, spent primarily in P.T. Freeport Indonesia Co.'s and P.T. IRJA Eastern Minerals Corp.'s exploration areas.
Thu, 23 Jul 1998
Motorists urged not to pay to park at 133 sites
Motorists urged not to pay to park at 133 sites JAKARTA (JP): The city's parking management agency has urged motorists not to pay parking fees at 133 spots in the city, including a number of malls, hospitals and buildings.
Thu, 23 Jul 1998
Farmers complain about beating
Farmers complain about beating JAKARTA (JP): Farmers from Cimacan village, Cianjur, complained yesterday about alleged police brutality toward five of their colleagues when they entered Cibodas Golf Course to reclaim their land on Tuesday.
Thu, 23 Jul 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 22, 1998: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 350 0 0 AHAP Insurance 575 0 0 Alter Abadi 550 25 100,000 Alumindo Light Metal 325 0 0 Alumindo Perkasa 200...
Thu, 23 Jul 1998
Rupiah steady but stocks down on profit taking
Rupiah steady but stocks down on profit taking JAKARTA (JP): The fluctuating rupiah held steady yesterday, but stock prices on the Jakarta Stock Exchange continued to decline on profit taking and regional weaknesses.The rupiah traded at around 14,000 against the U.S.
Thu, 23 Jul 1998
New faces at DPA
New faces at DPAFrom KompasObserving how circumstances are evolving in our beloved country, we may say that it seems it is still quite long before its "illness" is cured. All efforts and attempts already made still cannot bring the situation back to normal, like it was before the onset of this...
Thu, 23 Jul 1998
Computalog enters Indonesia
Computalog enters Indonesia CALGARY (Dow Jones): Computalog Ltd. (CLTDF) said it has entered into arrangements to deliver wireline logging services and wireline products to new markets in Indonesia and Mexico.
Thu, 23 Jul 1998
Local airlines delay plan to raise fares
Local airlines delay plan to raise fares JAKARTA (JP): Indonesia's airlines have decided to delay their plan to increase domestic fares after the House of Representatives raised opposition to the move.The decision was taken at a hearing between the Indonesian National Air Carriers Associations...
Thu, 23 Jul 1998
Four men detained over recent shrimp theft
Four men detained over recent shrimp theft TANGERANG (JP): After questioning 80 villagers, police have finally detained four men for their alleged role in last week's theft of shrimp by a mob in Tangerang, an official said yesterday.Newly-installed Tangerang Police chief Lt. Col.
Thu, 23 Jul 1998
Man's body found in Grogol
Man's body found in Grogol JAKARTA (JP): A 26-year-old man was found dead at the roadside on Jl. Susilo I in Grogol subdistrict, West Jakarta, yesterday morning.The man was identified as Andi Gunawan, a resident of Jl. Permata Pamulang I in Bumi Serpong Damai housing complex, Tangerang.
Thu, 23 Jul 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film: Thundercats 3:05 Teen Program: Setitik Bakti Pramuka 3:30 Science Film 4:00 Regional News 4:30 Creative Program: Karya Kita 5:00 Children's Program: Aku Anak Indonesia 5:25 Documentary Film: Anak Seribu Pulau 6:00 News:...
Thu, 23 Jul 1998
Batam exempt from VAT, luxury taxes
Batam exempt from VAT, luxury taxes JAKARTA (JP): President B.J. Habibie will exempt Batam island in the Riau archipelago from value added and luxury taxes in a bid to boost investment in the special industrial zone, an official said yesterday.
Thu, 23 Jul 1998
PT CRC workers stage protest
PT CRC workers stage protest TANGERANG (JP): About 800 workers of pharmaceutical manufacturer PT Cisadane Raya Chemical (CRC) staged a protest at the firm's plant in Karawaci here Tuesday, demanding their employers recognize their newly founded union.The protesters, who gathered at the plant on Jl.
Thu, 23 Jul 1998
Low demand forces many steel plants to stop production
Low demand forces many steel plants to stop production JAKARTA (JP): Low demand and higher production costs have forced many local steel-related companies out of business, an industry executive said yesterday.
Thu, 23 Jul 1998
Teater Koma to perform its new opera
Teater Koma to perform its new opera JAKARTA (JP): Teater Koma will present Opera Sembelit (Constipated Opera) at Gedung Kesenian Jakarta (The Jakarta Playhouse), Central Jakarta, for two weeks beginning tonight.
Thu, 23 Jul 1998
Lottery to be revived to beat financial crisis
Lottery to be revived to beat financial crisis JAKARTA (JP): After a four-year lapse, the government plans to revive its lottery to raise money for sports development.Negotiations between the National Sports Council and the Ministry of Social Services are underway to finalize the arrangements of...
Thu, 23 Jul 1998
Austrian duo to see RI in extreme way
Austrian duo to see RI in extreme way JAKARTA (JP): At 20 years old, Austrian duo of Klaus Wolfsberger and Alex Springenschmidt may have traveled most of the world to test their muscles and nerves in extreme sports but not yet in Indonesia.
Thu, 23 Jul 1998
Tennis body gets Rp 13.2m
Tennis body gets Rp 13.2m JAKARTA (JP): National tennis team director Benny Mailili complained yesterday about the small amount of money he received from the National Sports Council to groom his athletes for the 13th Asian Games in Bangkok in December.
Thu, 23 Jul 1998
Whereabout of missing activists still unknown
Whereabout of missing activists still unknown JAKARTA (JP): The military disclaimed yesterday any knowledge of the whereabouts of 12 political activists still missing, but said the number of its men suspected of involvement in the abductions and torture of activists had increased by one to 11.
Thu, 23 Jul 1998
GE to hold sourcing fair to seek more competitive local products
GE to hold sourcing fair to seek more competitive local products JAKARTA (JP): General Electric Indonesia, a subsidiary of the U.S. technology giant General Electric (GE), is seeking to source more products from the country as the monetary crisis has made local products more competitive, the...
Thu, 23 Jul 1998
A redundant love
A redundant love The majority of people seemed lost for words this week after the government's insensitive plan to fork out Rp 26.5 billion (US$1.7 million) on a retirement home for former president Soeharto became public knowledge.
Thu, 23 Jul 1998
RI vessel rammed off Australia
RI vessel rammed off Australia CANBERRA (AP): An Indonesian fishing boat was rammed accidentally and sunk yesterday by an Australian navy patrol boat after being caught fishing illegally in Australia's northern waters.
Thu, 23 Jul 1998
Where to go in Surabaya:
Where to go in Surabaya:Music and Entertainment * Hyatt Regency Surabaya, Jl. Jend. Basuki Rakhmat 106-128 (Phone: 031 5311234): - The Tavern Pub: Dewata Band, Monday to Saturday, 9 p.m. to 1:30 a.m., X-Men Band, Sunday 9 p.m. to 1:30 a.m. - Atrium Lounge: Solo Pianist, Monday to Friday, 7 p.m.
Thu, 23 Jul 1998
Egypt-Indonesia ties go from strength to strength
Egypt-Indonesia ties go from strength to strength JAKARTA (JP): Most countries like to claim that the bedrock of their bilateral ties is people-to-people relationships.But few countries can claim to have forged the kind of bond which is evident between Indonesia and Egypt.
Thu, 23 Jul 1998
Teachers protest at religion office
Teachers protest at religion office CILACAP, Central Java: One hundred and fifty high school religious studies teachers here staged a rally yesterday against the local religious affairs office to protest the imposition of illegal fees.
Thu, 23 Jul 1998
Encouraging news offers only short-lived boost: Analysts
Encouraging news offers only short-lived boost: Analysts JAKARTA (JP): The government's success in rescheduling most of its debt due this year and in landing multibillion dollar overseas funding are not enough to effect long-lasting confidence in the faltering economy, experts have said.
Thu, 23 Jul 1998
Volcano Merapi calms down
Volcano Merapi calms down YOGYAKARTA: Volcanologists are waiting until Monday before lowering the alert level for Mt. Merapi, despite only minor activity occurring in the past few days.The volcano is currently at its second highest level of alert after erupting nearly two weeks ago.
Thu, 23 Jul 1998
Kahfi clarifies Sutiyoso's trip to Philippines
Kahfi clarifies Sutiyoso's trip to Philippines JAKARTA (JP): Deputy Governor for Administrative Affairs Abdul Kahfi clarified yesterday that Governor Sutiyoso's mysterious trip to the Philippines was related to his job and not to attend a junior soccer game.
Thu, 23 Jul 1998
Where to go in Bali:
Where to go in Bali:Exhibition * Painting Exhibition: Images of Meditating Figures, by Jerry T, in Ganesha Gallery, Four Seasons Resort, Jimbaran, Bali (Phone: 0361 701010), Aug. 17 to Sept. 17.Music and entertainment * Grand Hyatt Bali, Nusa Dua (Phone: 0361 771234): - Pasar Senggol at 8 p.m.
Thu, 23 Jul 1998
Broker absence hits Asian coffee trade
Broker absence hits Asian coffee trade SINGAPORE (Reuters): The absence of a strong middleman in the Indonesian coffee market is hampering trade flow and restricting exports, traders said yesterday.The coffee merchants, mostly ethnic Chinese, are no longer venturing into the hill country to source...
Thu, 23 Jul 1998
Tycoons support Habibie
Tycoons support Habibie JAKARTA (JP): The country's top conglomerates demonstrated their support for President B.J. Habibie yesterday and said they were encouraged by his commitment to protect all Indonesian citizens, including those of Chinese descent.
Thu, 23 Jul 1998
Almost 50,000 face famine in E. Nusa Tenggara
Almost 50,000 face famine in E. Nusa Tenggara JAKARTA (JP): At least 49,817 villagers living in several clusters of remote villages in East Nusa Tenggara are reportedly facing food shortages, a legacy of last year's prolonged drought.
Thu, 23 Jul 1998
Soeharto wants payment of house money postponed
Soeharto wants payment of house money postponed JAKARTA (JP): Former president Soeharto has asked the government to postpone payment of a Rp 26.6 billion housing allowance for him until the national economy recovers.
Thu, 23 Jul 1998
Improved marine laws called for
Improved marine laws called for JAKARTA (JP): Experts have highlighted the need for better marine resource management to ensure optimum benefits for local people and reduce exploitation by "stronger parties".
Thu, 23 Jul 1998
On lawlessness
On lawlessness I am writing in response to an interview with Sofyan Wanandi of July 17, in which he warned that continuing lawlessness throughout the country would scare businesspeople away from Indonesia.
Thu, 23 Jul 1998
Economic recovery will begin in 2000: World Bank
Economic recovery will begin in 2000: World Bank JAKARTA (JP): The Indonesian economy, currently at its most critical juncture in over 30 years, will likely make a slight recovery of 2 percent to 4 percent growth in the year 2000 after an estimated contraction of 10 percent to 15 percent in 1998...
Wed, 22 Jul 1998
Minister in hot water for condoning looting
Minister in hot water for condoning looting JAKARTA (JP): State Minister of Food and Agriculture A.M. Saefuddin was roundly panned yesterday over his reported remarks that looting could be tolerated in particular circumstances.
Wed, 22 Jul 1998
RI making sporadic use of USDA credits
RI making sporadic use of USDA credits SINGAPORE (Reuters): Indonesia is making only sporadic use of U.S. Department of Agriculture farm export credit guarantees and opening letters of credit is still very tough, USDA General Sales Manager Chris Goldthwait told Reuters yesterday.
Wed, 22 Jul 1998
Rupiah remain weak, stocks edge downward
Rupiah remain weak, stocks edge downward JAKARTA (JP): The rupiah stayed weak at 14,000 against the U.S. dollar yesterday, while stock prices inched down on widespread security concerns, dealers and stockbrokers said.
Wed, 22 Jul 1998
New outlet for office needs opens
New outlet for office needs opens JAKARTA (JP): While many businesses are struggling to stay alive during the current economic hardship, PT Global Lintas Media, a subsidiary of giant publishing company Grup Gramedia, opened its first U.S.-franchising outlet for office needs here Monday.
Wed, 22 Jul 1998
On skipping meal
On skipping meal I would like to hail the letters of Ritu Sud (July 16), Zatni Arbi (July 18), and Dorhailay in relation to my article about fasting to save rice (July 19). All letters show concern about the food crisis we are experiencing.I absolutely agree that skipping one meal a day is no joke.
Wed, 22 Jul 1998
Malaysian oil palm firms may pull out of Indonesia: Report
Malaysian oil palm firms may pull out of Indonesia: Report KUALA LUMPUR (DPA): Malaysian oil palm plantation firms in Indonesia have slowed down operations and may pull out their investments, a report said yesterday.
Wed, 22 Jul 1998
ABRI, police set up teams to trace victims of May riots
ABRI, police set up teams to trace victims of May riots JAKARTA (JP): The Armed Forces (ABRI) and National Police will conduct separate investigations into the massive rioting that rocked Jakarta and other major cities in May, causing the death of 1,200 people and abuse of hundreds of women.
Wed, 22 Jul 1998
Golkar's future
Golkar's future Golkar's recent special convention elected Akbar Tandjung chief of the party's executive board. His victory embarrassed a number of senior military officers, who are still reluctant to let control of Golkar slip from their hands.
Wed, 22 Jul 1998
Lippo Life gets award
Lippo Life gets award JAKARTA (JP): Lippo Life, an insurance arm of the Lippo Group, has won an award for its outstanding life insurance product Arisan Lippo from Markplus Indonesia, a local marketing consultant.