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Tue, 21 Jul 1998
1,300 Mayora workers continue strike
1,300 Mayora workers continue strike JAKARTA (JP): More than 1,300 workers of an export-oriented candy and cookie producer in Tangerang continued their strike for a fifth day yesterday, demanding an increase in wages and other allowances.
Tue, 21 Jul 1998
Unbelievable postage increase
Unbelievable postage increase For the past four years, I have been corresponding with a couple of friends who live in the United States. The postage was always Rp 1,500 (the exchange rate Rp 2,800 to US$1), which means more or less 54 U.S. cents.
Tue, 21 Jul 1998
Women can help beat the crisis: Habibie
Women can help beat the crisis: Habibie JAKARTA (JP): President B.J. Habibie said yesterday that Indonesian women could play a pivotal role in restoring the country's economy if they were given adequate opportunity, especially in developing cooperatives and in distributing essential commodities...
Tue, 21 Jul 1998
RI crudes benefit from high utility demand
RI crudes benefit from high utility demand SINGAPORE (Reuters): Spot premiums for Indonesian crudes touched their highest level in July pushing up much needed oil revenues even as international prices sink amid cuts to Asian refinery runs, traders said yesterday.
Tue, 21 Jul 1998
ICMI jump onto anti-Soeharto bandwagon
ICMI jump onto anti-Soeharto bandwagon JAKARTA (JP): The Association of Indonesian Moslem Intellectuals (ICMI) jumped on the bandwagon of criticism yesterday as it denounced its own patron, former president Soeharto, for establishing a brittle state system which shunned public participation.
Tue, 21 Jul 1998
DBS boosts RI investment
DBS boosts RI investment SINGAPORE (Dow Jones): Singapore-listed DBS Land Ltd said yesterday a wholly owned unit has increased its investment in an Indonesian unit by S$2.6 million (US$1.5 million).Amethyst Holdings Pte Ltd has taken up an additional 25,500 ordinary shares in the paid-up capital of...
Tue, 21 Jul 1998
Habibie's comments under fire
Habibie's comments under fire JAKARTA (JP): Observers criticized President B.J. Habibie yesterday for recent remarks on Chinese-Indonesians who fled the country in the wake of last May's riots.Political expert Harry Tjan Silalahi of the Centre for the Strategic and International Studies (CSIS) and...
Tue, 21 Jul 1998
Car sales fell 82.4% in first semester of this year
Car sales fell 82.4% in first semester of this year JAKARTA (JP): Car sales plunged 82.4 percent to 35,789 units in the first half of this year, industry statistics published yesterday revealed.The data, provided by the country's largest carmaker PT Astra International, showed that car sales for...
Tue, 21 Jul 1998
Shooting victim leaves hospital after 69 days
Shooting victim leaves hospital after 69 days JAKARTA (JP): The last injured victim of the May 12 shooting incident at Trisakti University left Sumber Waras Hospital yesterday after undergoing 69 days of treatment for complications from a bullet wound.
Tue, 21 Jul 1998
Utut shines in rapid chess
Utut shines in rapid chess JAKARTA (JP): Indonesia's noted chess player Grand Master Utut Adianto fulfilled his promise to defend his title at the rapid chess tournament in Biel, Switzerland on Sunday.Utut collected 8.
Tue, 21 Jul 1998
Producers may cut newsprint prices
Producers may cut newsprint prices JAKARTA (JP): Newsprint producers agreed yesterday to sell their products to newspaper publishers at average rates of their export prices, possibly reducing newsprint prices by almost 20 percent.
Tue, 21 Jul 1998
Palm oil market awaits RI news
Palm oil market awaits RI news KUALA LUMPUR (Reuters): Asian palm oil traders are largely unsure about this week's trend with markets still clouded by uncertainty over Indonesia's supply situation and prospects of slower export business.
Tue, 21 Jul 1998
State companies not for public offering: Tanri
State companies not for public offering: Tanri JAKARTA (JP): State Minister of the Empowerment of State Enterprises Tanri Abeng said yesterday that none of the 12 state firms to be privatized this fiscal year would be sold directly to the public.
Tue, 21 Jul 1998
OPEC's basket price falls
OPEC's basket price falls LONDON (Reuters): The price of OPEC's basket of seven crudes fell to US$12.11 a barrel on Friday from $12.30 a barrel on Thursday, the OPEC news agency said quoting the OPEC Secretariat.
Tue, 21 Jul 1998
Paul unchallenged in drag race
Paul unchallenged in drag race JAKARTA (JP): Defending champion Robert Paul of Canada confirmed his supremacy in the national drag race series when he won the third leg at the Sentul circuit, near Bogor, Sunday.
Tue, 21 Jul 1998
Ten students rounded up
Ten students rounded up JAKARTA (JP): Police rounded up 10 senior high school students who were involved in a brawl at the Hotel Indonesia roundabout in Central Jakarta yesterday, an official said."They were some of some 200 high school students from STM PGRI XII in West Jakarta and SMA Nusantara...
Tue, 21 Jul 1998
Pedicabs in Jakarta
Pedicabs in JakartaFrom NeracaThere is a need for becak (pedicabs) in Jakarta's residential areas. It is practical and economical for the majority of inhabitants in their daily activities. Housewives going to and coming from the market, taking and collecting their small children to and from school.
Tue, 21 Jul 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 20, 1998: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 350 25 12,500 AHAP Insurance 575 0 0 Alter Abadi 525 -25 78,000 Alumindo Light Metal 350 -25 20,000...
Tue, 21 Jul 1998
Eight people killed in train-minivan collision
Eight people killed in train-minivan collision JAKARTA (JP): At least eight people were killed yesterday evening when a speeding train hit a public minivan in the Bintaro Permai area in South Jakarta after the minivan's driver reportedly refused to obey a warning from the railway crossing attendant.
Tue, 21 Jul 1998
Local airlines seek up to 47 percent rise in airfares
Local airlines seek up to 47 percent rise in airfares JAKARTA (JP): The Association of Indonesian Airlines (INACA) plans to raise domestic airfares between 35 percent and 47 percent beginning next week to compensate for the continued fall of the rupiah against the dollar.
Tue, 21 Jul 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 July 20 to July 26: U.S. dollar 1 Rp 13,100.00Austrian shilling 1 1,033.
Tue, 21 Jul 1998
Thai sugar exports sour
Thai sugar exports sour BANGKOK (AP): Thailand's sugar exports to most of its Asian customers dropped off sharply in this year's first five months because of the region's economic crisis, the government's Office of Cane and Sugar Board said yesterday.
Tue, 21 Jul 1998
King's 'Dream' fits for Chinese-Indonesians
King's 'Dream' fits for Chinese-Indonesians JAKARTA (JP): Today, the issue of racial discrimination anywhere in the world seems to be inseparable from Martin Luther King's speech delivered on the steps of the Lincoln Memorial in Washington D.C. on Aug. 28, 1963.
Tue, 21 Jul 1998
LG to sell rice to RI
LG to sell rice to RI SEOUL (Reuters): South Korea's LG International Corp plans to sell 100,000 tons of Vietnamese rice to Indonesia for shipment between August and October this year, trade sources said yesterday.
Tue, 21 Jul 1998
Reform coalition
Reform coalition Recently, three leaders, Megawati Soekarnoputri, Abdurrahman Wahid and Bishop Belo, met to initiate the idea of a government- backed reform coalition. Reportedly these leaders stated that a consensus among reform leaders was needed, to improve people confidence in the nation.
Tue, 21 Jul 1998
Court, NGOs to oversee election
Court, NGOs to oversee election JAKARTA (JP): The government has promised to include the Supreme Court and non-governmental organizations (NGOs) in supervising the general elections, scheduled for next year, to ensure the polls proceed fairly and honestly.
Tue, 21 Jul 1998
50 political prisoners to go free later this week
50 political prisoners to go free later this week JAKARTA (JP): The government is to release 50 political prisoners this week, Minister of Justice Muladi said here yesterday."Fifty political prisoners will be released across Indonesia in one or two days," Muladi said before meeting the United...
Tue, 21 Jul 1998
Cheap market to continue despite looting: Sutiyoso
Cheap market to continue despite looting: Sutiyoso JAKARTA (JP): Governor Sutiyoso said yesterday that the government-sponsored cheap market program at the National Monument (Monas) park, Central Jakarta, would continue despite an act of looting by hundreds of people on Saturday.
Tue, 21 Jul 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on July 20, 1998: Buying Selling Rp Rp U.S. dollar 1 13,500.00 14,500.00Austrian shilling 1 1,039.90 1,188.80Australian dollar 1 8,420.60 9,001.40Belgian franc 1 367.70 390.70Canadian dollar 1 9,085.
Tue, 21 Jul 1998
Merapi refugees begin to trek home
Merapi refugees begin to trek home YOGYAKARTA (JP): Around 7,000 refugees have returned to their villages on the slopes of Mount Merapi following a decrease in volcanic activity in the area.Despite the decrease, the mountain, which erupted early on Sunday, was still spewing out a thick cloud of hot...
Tue, 21 Jul 1998
Irian Jaya, E. Timor issues are over: Govt
Irian Jaya, E. Timor issues are over: Govt JAKARTA (JP): The government snubbed heightened calls for independence in the provinces of East Timor and Irian Jaya yesterday, saying that their inclusion in Indonesia was an historical fact and unworthy of further discussion.
Tue, 21 Jul 1998
Foreign investors express interest in troubled banks
Foreign investors express interest in troubled banks JAKARTA (JP): Several foreign investors have shown a keen interest in buying stakes in the six financially troubled banks under the control of the Indonesian Bank Restructuring Agency (IBRA), Minister of Finance Bambang Subianto said yesterday.
Tue, 21 Jul 1998
ABRI urged to act against lawlessness
ABRI urged to act against lawlessness JAKARTA (JP): The military has been urged to take immediate action to curb looting, robbery and other forms of lawlessness which have increased fears of a further decrease in investors' interest in the country.
Tue, 21 Jul 1998
Treating ethnic Chinese equally (2)
Treating ethnic Chinese equally (2)By Amir Sidharta This is the second of two articles on the ethnic Chinese minority. JAKARTA (JP): President B.J. Habibie and prominent leaders Amien Rais, Megawati Soekarnoputri and Abdurrachman Wahid are trying to restore the confidence of the Chinese-Indonesians.
Tue, 21 Jul 1998
Debt rescheduling and aid management
Debt rescheduling and aid management Following the pledge by international financial institutions and donor countries to provide more assistance outside the bounds of the IMF bailout package, the Indonesian government has formally asked for a rescheduling of its overseas debts.
Tue, 21 Jul 1998
WTA cites security concerns in canceling RI events
WTA cites security concerns in canceling RI events JAKARTA (JP): The WTA Tour has dropped the Wismilak Open tournaments in Surabaya and Jakarta from its calendar this year due to security concerns.Operations manager of the women's professional tennis circuit governing body, Linda Christensen, said...
Tue, 21 Jul 1998
Police apologize to ex-con Anton Medan
Police apologize to ex-con Anton Medan JAKARTA (JP): A police investigator handling the inquiry into Anton Medan's involvement in the May riots apologized for the misconduct of several policemen who tried to escort Anton, an ex- convict turned Moslem preacher, to city police headquarters for...
Tue, 21 Jul 1998
Students sit on floors
Students sit on floors MATARAM, West Nusa Tenggara: Lack of financial resources to equip elementary schools with even the most basic furnishings has forced children in several schools in the province to sit and study on the floor.Head of the provincial education and culture office, M.
Tue, 21 Jul 1998
Indonesia-Australia ties on a never-ending roller coaster
Indonesia-Australia ties on a never-ending roller coasterBy Al Busyra Basnur JAKARTA (JP): The recent visit of Australian Foreign Minister Alexander Downer to Jakarta aimed at, among others, offering help to Indonesia to ease the current economic crisis being faced by Indonesians not only indicates...
Tue, 21 Jul 1998
Rupiah plunge to 14,175, stocks continue gains
Rupiah plunge to 14,175, stocks continue gains JAKARTA (JP): The rupiah returned to its all-too-familiar bearish territory yesterday, plunging to 14,175 against the U.S. dollar. The stock market, meanwhile, maintained its bullish run.
Tue, 21 Jul 1998
Nation's assets not for lease
Nation's assets not for leaseFrom MerdekaI was astounded to hear media reports that an academic from the Bandung Institute of Technology had proposed that Natuna and Biak islands be leased out for 50 years to the United States for their naval base and that the proposal would later be discussed by...
Tue, 21 Jul 1998
Southeast Asian currencies down in thin trading
Southeast Asian currencies down in thin trading SINGAPORE (Dow Jones): Southeast Asian currencies fell in thin, range-bound trading yesterday, unable to take much direction from the Japanese yen with Tokyo out on holiday.
Tue, 21 Jul 1998
ABRI may set up honorary council over abductions
ABRI may set up honorary council over abductions JAKARTA (JP): Amid growing pressure for transparency in the investigation into the abductions of political activists, the Armed Forces (ABRI) confirmed yesterday it is considering establishing an honorary council to try all parties charged with the...
Tue, 21 Jul 1998
Habibie's appeal to fast gives little food for thought
Habibie's appeal to fast gives little food for thought JAKARTA (JP): The recent appeal made by President B.J. Habibie requesting Indonesians to fast for two days each week has apparently received a frosty reception from the city's officials and councilors.
Tue, 21 Jul 1998
Currency volatility casts gloom over Asian rubber market
Currency volatility casts gloom over Asian rubber market SINGAPORE (Reuters): Political upheaval in Japan and regional currency volatility would cast a gloomy cloud over Southeast Asia's lackluster rubber market this week, regional traders said yesterday.
Tue, 21 Jul 1998
Unity in diversity
Unity in diversity To the superstitious, it may seem that recent events show the truth in the old saying that misfortune never occurs alone. With order and peace barely restored in East Timor and calls mounting for an independent investigation of reported disappearances in Aceh, authorities in...
Tue, 21 Jul 1998
Rural poor turn to maize as rice becomes costly
Rural poor turn to maize as rice becomes costlyBy Agus Maryono and Ngudi Utomo PURWOKERTO, Central Java (JP): The economic crisis has relentlessly been pushing up staple food prices. Most inhabitants in underdeveloped villages in Central Java's Banyumas regency must struggle hard to fill their...
Tue, 21 Jul 1998
Where to go in Bandung:
Where to go in Bandung:Exhibition * Painting Exhibition: Ragam Karya, by Roedyat Martadiradja, Tatang Ganar, Marilies Forster, Elly Roedyat, etc, in the Lobby, Jayakarta Hotel, Jl. Ir. H. Juanda 381 A (Phone: 022 2505888), until Aug. 5.
Tue, 21 Jul 1998
Indictment in Trisakti shooting upheld
Indictment in Trisakti shooting upheld JAKARTA (JP): Prosecutors at the court martial of two police officers accused of committing an indisciplinary act during the Trisakti shooting incident upheld their indictment during yesterday's hearing.Col. Sadji Purnomo and Capt.
Tue, 21 Jul 1998
U.S. criticized over wheat donations to RI
U.S. criticized over wheat donations to RI BRUSSELS (Reuters): The European Union and Australian farm groups yesterday said a United States government plan to purchase hundreds of millions of dollars worth of surplus U.S.