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Fri, 10 Jul 1998
Thousands look to work abroad
Thousands look to work abroad CILACAP, Central Java: More than 2,000 graduates of senior high schools in Cilacap and its surrounding areas have registered with several labor export companies in the city to work overseas.
Fri, 10 Jul 1998
That small formal thing
That small formal thing If asked about basic rights we have to admit that we have very little to be proud of, and two days ago we were reminded that in another crucial area of fundamental rights -- the rights of children -- Indonesia ranks below many other countries in the region.
Fri, 10 Jul 1998
Police arrest two alleged members of wanted gang
Police arrest two alleged members of wanted gang JAKARTA (JP): City Police detectives have arrested two members of the most wanted gang in the capital which has allegedly committed 120 armed robberies in the past four years in Java and Sumatra.Deputy chief of the Jakarta Police Detective Unit Lt.
Fri, 10 Jul 1998
Hanke says stable rupiah key to stability in Indonesia
Hanke says stable rupiah key to stability in Indonesia SINGAPORE (Dow Jones): Johns Hopkins University economist Steve Hanke warned yesterday that without stabilization of the rupiah, Indonesia could expect continued political turmoil and a greater trend toward use of the U.S.
Fri, 10 Jul 1998
Wood shavings head for Osaka in fashion contest
Wood shavings head for Osaka in fashion contestBy Izabel Deuff JAKARTA (JP): Is there hope that the crisis could be a challenging source of creativity, rather than applying the brakes on the Indonesian fashion momentum?The Association of Indonesian Fashion Designers and Manufacturers (APPMI) wanted...
Fri, 10 Jul 1998
Indovision: A world of joy
Indovision: A world of joy On July 1, we discovered that Indovision had cut our satellite connection. First we believed that our monthly payment had arrived too late. However, that was not the case as all of our friends who have Indovision connected had the same problem.
Fri, 10 Jul 1998
ASEM Trust Fund set up
ASEM Trust Fund set up BRUSSELS (Reuters): The World Bank and European donors to a trust fund set up in response to the Asian economic crisis came close to identifying the first projects the fund will assist, officials at a meeting in Brussels on Wednesday said.
Fri, 10 Jul 1998
Economists says small businesses face uncertainty
Economists says small businesses face uncertainty JAKARTA (JP): Small businesses will continue to lag behind in the country's economy as they lack the capacity and opportunities to grow and prosper, economist Sri Mulyani said yesterday.
Fri, 10 Jul 1998
Warnings on Asian recessions no surprise, worse expected
Warnings on Asian recessions no surprise, worse expected SINGAPORE (Reuters): Dire government warnings in Asia this week about recessions and slowing growth surprised few, unless it was the policy makers themselves, economists and analysts said yesterday.
Fri, 10 Jul 1998
Bogasari discounts importing wheat
Bogasari discounts importing wheat JAKARTA (JP): PT Bogasari Flour Mills has no plan to directly import wheat despite the removal of the import restriction on the commodity, its director said here yesterday.
Thu, 09 Jul 1998
Observers look for new faces in Golkar race
Observers look for new faces in Golkar race JAKARTA (JP): While Golkar's extraordinary Congress will likely be dominated by familiar faces, demands for a new and younger figure to chair the ruling political organization's executive body were voiced yesterday.Political observer Muhammad A.S.
Thu, 09 Jul 1998
Where to go in Bali:
Where to go in Bali:Music and entertainment * Grand Hyatt Bali, Nusa Dua (Phone: 0361-771234): - Pasar Senggol at 8 p.m. to 9 p.m.: Legong Dance, Saturday, Arjuna Wiwaha Dance, Sunday, Balinese Dance Parade, Monday, Genjekan Dance, Tuesday, Jegog Dance, Wednesday, Ramayana Dance, Thursday, Janger...
Thu, 09 Jul 1998
Merapi volcano alert issued
Merapi volcano alert issued YOGYAKARTA: An alert has been issued after increased volcanic activity was been recorded inside Mount Merapi, one of the world's most active volcanoes which is located north of here, an official here said.
Thu, 09 Jul 1998
Jepara riot under investigation
Jepara riot under investigation PURWOKERTO, Central Java: Central Java deputy police chief Brig. Gen. Anshadi Mbai said here yesterday that an investigation was being conducted to find the mastermind behind the unrest which hit Jepara on Tuesday.
Thu, 09 Jul 1998
Harmoko installs new assembly members
Harmoko installs new assembly members JAKARTA (JP): Chairman of the People's Consultative Assembly (MPR) Harmoko swore in 27 new members yesterday, 24 of whom represent the dominant political group Golkar.
Thu, 09 Jul 1998
Bulog needs $2.7b to import foodstuffs
Bulog needs $2.7b to import foodstuffs JAKARTA (JP): The State Logistics Agency (Bulog) has announced it will need about US$2.7 billion in soft credit from Bank Indonesia to import essential commodities in the current 1998/1999 fiscal year.
Thu, 09 Jul 1998
Southeast Asia to speed up securitiztion process
Southeast Asia to speed up securitiztion processBy Lynn Adler NEW YORK (Reuters): Southeast Asia and securitization will be intertwined in 1999, experts predict.Unable to access or afford other traditional funds, cash- strapped companies and government agencies there are feverishly crafting deals...
Thu, 09 Jul 1998
Mahathir's new book launched
Mahathir's new book launched KUALA LUMPUR (AP): Prime Minister Mahathir Mohamad's new book on Malaysian politics and economics has been launched by former British prime minister Margaret Thatcher in London, according to news reports.
Thu, 09 Jul 1998
Good prospects in forestry sector
Good prospects in forestry sectorFrom Bisnis IndonesiaWith reference to the editorial in Bisnis Indonesia of June 30, 1998, titled A matter of confidence, allow me to express the following opinion.While it is not my intention to belittle the significance of the role played by exporters of textile...
Thu, 09 Jul 1998
HK investors look at Bank Tiara shares
HK investors look at Bank Tiara shares JAKARTA (JP): Several investors from Hong Kong have shown an interest in buying a stake in the financially troubled Bank Tiara, the bank's president said yesterday.
Thu, 09 Jul 1998
RI's records on child rights below average
RI's records on child rights below average JAKARTA (JP): A United Nations report yesterday ranked Indonesia's record on the rights of children and female adolescents as below average for the East/South Asia and Pacific region.
Thu, 09 Jul 1998
KL drops beer cash after protest
KL drops beer cash after protest KUALA LUMPUR (Reuters): Predominantly Moslem Malaysia, bowing to pressures from Moslem-led groups, has dropped Danish brewery Carlsberg as a major sponsor of the Commonwealth Games starting in Kuala Lumpur in September.
Thu, 09 Jul 1998
25 suspected criminals netted in street operations
25 suspected criminals netted in street operations JAKARTA (JP): The police have netted at least 25 suspected criminals, including Armed Forces (ABRI) members, in a series of operations held over the past week here.The suspects had five guns, 15 sharp weapons and 30 vehicles in their possession.
Thu, 09 Jul 1998
Human rights body beefs up legal status
Human rights body beefs up legal status JAKARTA (JP): The National Commission on Human Rights is working to strengthen its status to be a more independent and authoritative institution, its chairman said yesterday.
Thu, 09 Jul 1998
Govt should sell all its assets: Kadin
Govt should sell all its assets: Kadin JAKARTA (JP): The government should sell all its stakes in state-owned companies to foreign investors to gain more funds to restore the country's economy, the Indonesian Chamber of Commerce and Industry (Kadin) suggests.
Thu, 09 Jul 1998
Indonesian banks to take over debtor property assets
Indonesian banks to take over debtor property assets JAKARTA (JP): Indonesian banks will soon become the reluctant owners of trillions of rupiah worth of property assets, as defaulting borrowers sidestep their obligations and forego their ownership responsibilities, a property consultant says.
Thu, 09 Jul 1998
Violence erupts in KL over water
Violence erupts in KL over water KUALA LUMPUR (AP): Two people were injured when a squabble over collecting water erupted into a fight between residents, some of them armed with knives and machetes, a newspaper reported yesterday.
Thu, 09 Jul 1998
INRO keeps eye on weak world rubber prices
INRO keeps eye on weak world rubber prices KUALA LUMPUR (Reuters): The International Natural Rubber Organization (INRO) said yesterday it has a fund of 90-100 million ringgit ($21.6 million-$24 million) for immediate use to defend weak prices.
Thu, 09 Jul 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on July 8, 1998: Buying Selling Rp Rp U.S. dollar 1 14,500.00 15,500.00Austrian shilling 1 1,110.70 1,258.10Australian dollar 1 9,056.50 9,609.90Belgian franc 1 392.90 414.30Canadian dollar 1 9,986.
Thu, 09 Jul 1998
KKN beast still wagging its tail
KKN beast still wagging its tail The hectic chase, not without much fanfare, alas, of people from the former administration era, will be like a bicycle trip into the jungles of the Amazon. It will be, at least as I see it, a long hazardous venture which probably is more easily started than...
Thu, 09 Jul 1998
Ginandjar to meet Greenspan
Ginandjar to meet Greenspan WASHINGTON (Dow Jones): Ginandjar Kartasasmita, Indonesia's senior economics minister, is tentatively scheduled to meet with U.S. Federal Reserve Chairman Alan Greenspan as well as other officials when he travels to Washington today and tomorrow, Indonesian embassy...
Thu, 09 Jul 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 8, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 375 0 0 AHAP Insurance 575 0 0 Alter Abadi 475 0 145,000 Alumindo Light Metal 325 0 0 Alumindo Perkasa...
Thu, 09 Jul 1998
Akbar ready for top Golkar post
Akbar ready for top Golkar post JAKARTA (JP): Minister/State Secretary Akbar Tandjung said on the eve of Golkar's extraordinary congress that he was ready to join the race for the chairmanship of the ruling political organization.
Thu, 09 Jul 1998
Islanders refuse to be resettled
Islanders refuse to be resettled UJUNGPANDANG, South Sulawesi: Hundreds of inhabitants of Laelae Island staged a demonstration at the provincial council compound to protest against the Ujungpandang mayoralty's plan to move them off the island and develop it into a tourist area.
Thu, 09 Jul 1998
Crude prices move up
Crude prices move up SINGAPORE (Reuters): Asian crude prices moved up yesterday, supported by expectations of higher utility demand, as the hot weather prompts increased use of air-conditioners, traders said.
Thu, 09 Jul 1998
Labor export becomes favored alternative
Labor export becomes favored alternative JAKARTA (JP): The government regards labor export as a favored alternative to help ease rising unemployment in the country, Minister of Manpower Fahmi Idris said yesterday.
Thu, 09 Jul 1998
Four arrested for robbery
Four arrested for robbery BEKASI (JP): The police have arrested four members of a gang of six people they suspect robbed a yarn factory run by PT Daido Cahaya Utama in the Bantar Gebang area on June 29.The robbers escaped with a truck of yarn worth Rp 150 million ($10,500).Bekasi police chief Lt.
Thu, 09 Jul 1998
Building to be sold
Building to be sold According to media reports, the Timor Building, which is owned by PT Timor Putra Nasional (PT TPN) and located on Jl. Medan Merdeka Timur, will be sold to a state-owned enterprise by its owner Hutomo Mandala Putra (Tommy Soeharto) because Presidential Decree No.
Thu, 09 Jul 1998
PLN considers rescheduling Paiton projects
PLN considers rescheduling Paiton projects JAKARTA (JP): The government-sponsored committee in charge of restructuring the state electricity company Perusahaan Listrik Negara (PLN) is considering rescheduling two giant power plant projects in Probolinggo, East Java.
Thu, 09 Jul 1998
'Report bad schools' to govt
'Report bad schools' to govt JAKARTA (JP): A deputy governor called yesterday on parents, whose children attend state junior or senior high schools here to report illegal charges or fees that are set higher than the maximum official rate.
Thu, 09 Jul 1998
Government forms team to help assaulted women in May riots
Government forms team to help assaulted women in May riots JAKARTA (JP): The government has set up a special team to help women who were sexually assaulted during the May riots, Minister of Women's Affairs Tutty Alawiyah said here yesterday.
Thu, 09 Jul 1998
City to be pedicab-free again by end of July
City to be pedicab-free again by end of July JAKARTA (JP): Public order officers and members of the security forces will take to the streets next week to crack down on pedicabs to ensure the city is becak-free once again by the end of the month, officials said yesterday.
Thu, 09 Jul 1998
Muhammadiyah looks to establish party
Muhammadiyah looks to establish party SEMARANG (JP): Amien Rais, chairman of the Muhammadiyah Moslem organization, has said he will ask his deputy, Syafii Maarif, to head a political party after it was evident that there was an enormous desire from members of the organization to establish one.
Thu, 09 Jul 1998
CPO prices show little change in London
CPO prices show little change in London LONDON (Reuters): Crude palm oil (CPO) prices were little changed at midday yesterday on the European vegetable oil market, traders said.Only Aug/Sep CPO was offered at US$670 a ton cif., $2.50 under Tuesday's closing price.
Thu, 09 Jul 1998
Kubota boosts RI production
Kubota boosts RI production TOKYO (Nikkei): Kubota Corp plans to double its production of all-purpose engines in Indonesia by transferring one of its production lines in Japan to its subsidiary, P.T. Kubota Indonesia, in Semarang, The Nikkei Industrial Daily reported in its yesterday edition.
Thu, 09 Jul 1998
New Order still alive and kicking
New Order still alive and kicking Some policies instituted by the government recently are reminiscent of those of the New Order. Political analyst J. Soedjati Djiwandono zeros in on the issue. JAKARTA (JP): "'The New Order is dead. Long live the New Order'.
Thu, 09 Jul 1998
Flight attendants to get severance pay
Flight attendants to get severance pay JAKARTA (JP): Bouraq and Mandala airlines agreed yesterday to give severance pay to dozens of dismissed female flight attendants in line with legal requirements, the employees' lawyers said.
Thu, 09 Jul 1998
Alleged murderers of Japanese man nabbed
Alleged murderers of Japanese man nabbed JAKARTA (JP): Police have arrested three of four men wanted in the murder of a Japanese national in a taxi robbery in January.City police spokesman Lt. Col. E. Aritonang said Herman bin Murni, 29, Bakri bin Alyas, 31 and Dede Halimi Andika, 26, were arrested...
Thu, 09 Jul 1998
S. Korea buys 500 tons of Indonesian tin
S. Korea buys 500 tons of Indonesian tin SEOUL (Reuter): South Korea's Supply Administration (SAROK) yesterday bought 500 metric tons of Indonesian tin from LG International Corp, a SAROK official said.
Thu, 09 Jul 1998
Time for ASEAN to act on Burma
Time for ASEAN to act on Burma ASEAN will be unhappy if tension between Burma's dictators and its legally elected democratic government escalates into violence, says Domingo Siazon, the foreign minister of the Philippines.