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Thu, 30 Jul 1998
Kontras upholds demand to find missing activists
Kontras upholds demand to find missing activists JAKARTA (JP): The independent Commission for Missing Persons and Victims of Violence (Kontras) kept up pressure on the Armed Forces (ABRI) yesterday to find the 14 political activists who are still missing.
Thu, 30 Jul 1998
House to rule on right to protest
House to rule on right to protest JAKARTA (JP): President B.J. Habibie agreed yesterday that the House of Representatives (DPR) would have the final say on the government regulation in lieu of a law on "freedom of expression" which he signed last Friday.
Thu, 30 Jul 1998
Military pullout from E. Timor to continue
Military pullout from E. Timor to continue JAKARTA (JP): Armed Forces (ABRI) Commander Gen. Wiranto promised yesterday to continue with the phased reduction in military presence in East Timor, following the first round to withdraw an entire battalion of 1,000 soldiers starting this week.
Thu, 30 Jul 1998
Foreign newspapers allowed to print here, minister says
Foreign newspapers allowed to print here, minister says JAKARTA (JP): President B.J. Habibie has given landmark approval for the printing of two international newspapers here, Minister of Information Muhammad Yunus said yesterday.
Thu, 30 Jul 1998
Indonesia lures tourists with 'free' services
Indonesia lures tourists with 'free' services JAKARTA (JP): Foreign travelers arriving in Indonesia today will be entitled to transportation, one night in a hotel and a meal all for free as part of the government's campaign to lure foreign tourists back to the country.
Thu, 30 Jul 1998
Habibie gives thumbs down to proposed lottery
Habibie gives thumbs down to proposed lottery JAKARTA (JP): The controversy surrounding a planned fund- raising scheme for sports deepened yesterday when President B.J. Habibie indicated he disapproved of the proposal.
Thu, 30 Jul 1998
Housewife critically injured in daylight burglary
Housewife critically injured in daylight burglary JAKARTA (JP): A housewife was severely injured by an unidentified man who robbed her house on Jl. Poncol Lestari, South Jakarta, Tuesday morning, police said.South Jakarta detective chief Maj.
Thu, 30 Jul 1998
Australia likely to cancel Christmas Island casino lease
Australia likely to cancel Christmas Island casino lease CANBERRA (Dow Jones): The Australian government said yesterday it expects to begin a process of canceling Christmas Island Resort Pty. Ltd.'s lease on an A$80 million casino resort on the island, and resuming ownership of the property.
Thu, 30 Jul 1998
Flood toll may reach Rp 500m
Flood toll may reach Rp 500m KEDIRI, East Java: Material losses caused by the Mt. Kidul flash floods in Supit Urang River on July 23 reached more than Rp 500 million (US$35,714), Kediri Regent H. Suparyadi has said.
Thu, 30 Jul 1998
Bodies found near Biak 'may be shooting victims'
Bodies found near Biak 'may be shooting victims' JAKARTA (JP): Church officials and non-governmental organizations (NGOs) expressed their belief yesterday that a number of bodies found recently near Biak island, Irian Jaya, might be related to the military's shooting on pro-independence activists...
Thu, 30 Jul 1998
World sugar prices steady on Indonesian news
World sugar prices steady on Indonesian news NEW YORK (Reuters): CSCE world sugar prices were called to open barely changed yesterday, with news Indonesia will hold a tender today for 200,000 tons of whites and 30,000 tons of raws said to be constructive, dealers said.
Thu, 30 Jul 1998
Utut settles for a draw with Pavlovic
Utut settles for a draw with Pavlovic JAKARTA (JP): Grand Master (GM) Milos Pavlovic of Yugoslavia hung on against Indonesian GM Utut Adianto in the Biel Masters chess tournament in Switzerland, forcing the Indonesian to settle for a draw Tuesday.
Thu, 30 Jul 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on July 29, 1998: Buying Selling Rp Rp U.S. dollar 1 12,800.00 13,700.00Austrian shilling 1 980.70 1,117.30Australian dollar 1 7,734.30 8,223.60Belgian franc 1 347.00 367.30Canadian dollar 1 8,455.
Thu, 30 Jul 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 29, 1998: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 325 -25 8,000 AHAP Insurance 575 0 0 Alter Abadi 525 0 1,177,000 Alumindo Light Metal 325 25 122,000...
Thu, 30 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 (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. to 9 p.m.
Thu, 30 Jul 1998
Street children highlight their plight at meeting
Street children highlight their plight at meetingBy Yogita Tahil Ramani JAKARTA (JP): Watching through tinted windows of cars, we cannot really begin to understand how desperately street children yearn for the basic necessities of life.Talk with them, and their concerns become a little clearer.
Thu, 30 Jul 1998
Inflation may hit triple digits, economists warn
Inflation may hit triple digits, economists warn JAKARTA (JP): Senior economists warned here yesterday that the inflation rate might run into treble figures if the government fails to limit spending on subsidies and fortifying the ailing banking sector.
Wed, 29 Jul 1998
Parties told to abide by rules over rallies
Parties told to abide by rules over rallies JAKARTA (JP): Jakarta Military Commander Maj. Gen. Djadja Suparman reiterated yesterday that any parties intending to hold mass rallies or demonstrations should abide by the existing regulations.
Wed, 29 Jul 1998
Civil servants donate salary
Civil servants donate salary KENDARI, Southeast Sulawesi: Two hundred and fifteen new civil servants here have agreed to donate part of their first month's salary to help the poor.The civil servants announced their intention in front of Southeast Sulawesi Governor La Ode Kaimoeddin following their...
Wed, 29 Jul 1998
Leading world powers say Asian crisis far from over
Leading world powers say Asian crisis far from over MANILA (Agencies): Leading world powers said yesterday Asia's financial crisis was far from over but expressed confidence that the region would eventually recover its economic vigor.U.S.
Wed, 29 Jul 1998
Farmers planning to form political party
Farmers planning to form political party JAKARTA (JP): Leaders of the Indonesian Farmers Association (HKTI) announced yesterday a plan to form their own political party, claiming 72 million potential votes if they contest next year's general election.HKTI Chairman H.M.
Wed, 29 Jul 1998
Southeast Asian currencies up on firmer yen
Southeast Asian currencies up on firmer yen SINGAPORE (Dow Jones): Southeast Asian currencies rose against the dollar Tuesday in line with the Japanese yen.Regional currencies have remained tightly rangebound with the yen over the past two weeks, leading some analysts to predict a small rally over...
Wed, 29 Jul 1998
S'pore to launch all-news station
S'pore to launch all-news station SINGAPORE (AP): Singapore's state-run national television corporation will launch an all-news station expected to debut early next year, sources at the station confirmed yesterday.
Wed, 29 Jul 1998
Objective issue on Chinese
Objective issue on Chinese After a deluge of articles from the Chinese community, complaining about their fate, and the rather polite, Indonesian- style reactions from the government and from local media acknowledging this, it was interesting to read Donna K. Woodward's letter on July 23.
Wed, 29 Jul 1998
Delaying bank reform 'depletes confidence'
Delaying bank reform 'depletes confidence' The International Monetary Fund's Asia Pacific director Hubert Neiss spent the past week reviewing implementation of the Indonesian economic reform program. Before leaving for Paris yesterday, Neiss discussed with The Jakarta Post new developments in the...
Wed, 29 Jul 1998
Govt must end 'politics of exclusion'
Govt must end 'politics of exclusion' JAKARTA (JP): The government must end its "politics of exclusion" toward citizens of Chinese descent and start afresh by drafting laws which guarantee the rights of the minority, observers said yesterday.
Wed, 29 Jul 1998
Irian Jaya leaders demand autonomy
Irian Jaya leaders demand autonomy JAKARTA (JP): The Irianese community in Jakarta called on President B.J. Habibie yesterday to grant immediate autonomy to their home province and accused the central government of failing to bring prosperity to their territory.
Wed, 29 Jul 1998
Rupiah and stocks surge ahead of CGI meeting
Rupiah and stocks surge ahead of CGI meeting JAKARTA (JP): The rupiah strengthened again yesterday on fresh hopes that the Indonesian donors' meeting in Paris this week will bring in more foreign aid to revive the country's battered economy.The rupiah's continued improvement toward Rp 13,500 per U.
Wed, 29 Jul 1998
Pay or liquidate
Pay or liquidate The easy time will soon end for Indonesia's nonpaying debtors who have adopted a laid-back attitude since the outbreak of the economic crisis last year. It is no coincidence that the new bankruptcy law, a government regulation in lieu of a law to amend the 1905 Insolvency...
Wed, 29 Jul 1998
Complicated rules delay many oil palm projects
Complicated rules delay many oil palm projects JAKARTA (JP): At least 156 investors have not been able to realize their investment plans to open oil palm plantations in East Kalimantan due to the complex licensing procedure, an official said yesterday.
Wed, 29 Jul 1998
Bank Indonesia's net foreign reserves fall slightly
Bank Indonesia's net foreign reserves fall slightly JAKARTA (JP): Bank Indonesia's net international reserves dropped slightly by US$220 million to $14.22 billion as of July 24, compared to $14.44 billion the previous week, the central bank said yesterday.
Wed, 29 Jul 1998
Con-man apprehended
Con-man apprehended JAKARTA (JP): Police have arrested a 46-year-old man for defrauding Rp 50 million by posing as a bomb squad officer assigned to search for bombs in commercial properties, an official said.City police spokesman Lt. Col. E.
Wed, 29 Jul 1998
'STOP' campaign starts
'STOP' campaign starts JAKARTA (JP): The Indonesian Legal Aid Foundation's Women's Association for Justice (LBH-APIK) in cooperation with the city police and land transportation agency have distributed 10,000 stickers as part of an anti-sexual harassment campaign.
Wed, 29 Jul 1998
398 combat troops leave East Timor
398 combat troops leave East TimorBy Imanuddin DILI, East Timor (JP): A total of 398 combat soldiers boarded the Teluk Saleh warship yesterday morning in the first phase of moves to withdraw 1,000 troops from East Timor.
Wed, 29 Jul 1998
Mitsubishi clings to tradition in face of change
Mitsubishi clings to tradition in face of changeBy Chester Dawson TOKYO (AP): Life-time employment. Seniority-based promotions. Cozy ties between member firms. The Mitsubishi group's traditional ways of doing business were hailed in the 1980s as the keys to rocketing to the pinnacle of Japan Inc.
Wed, 29 Jul 1998
Athletes leave apartment for modest lodgings
Athletes leave apartment for modest lodgings JAKARTA (JP): A financial shortfall has forced the Indonesian Amateur Athletics Association to remove 23 athletes and five coaches from their apartments in the Senayan sports complex.The association's secretary-general, B.
Wed, 29 Jul 1998
Special detectives squads set up
Special detectives squads set up JAKARTA (JP): The National Police have established five special detective squads to back up city police operations against the capital's escalating crime rate.National Police Detective Corps Commander Maj. Gen.
Wed, 29 Jul 1998
Restless Bawean islanders earning riches overseas
Restless Bawean islanders earning riches overseasBy Widyarto BAWEAN, East Java (JP): Bawean, an island 120 km north of the East Java capital of Surabaya, may be the only place in Indonesia where you can find Mahathir Road and Goh Chok Tong Road.
Wed, 29 Jul 1998
Utut inches closer to Pavlovic
Utut inches closer to Pavlovic JAKARTA (JP): For Indonesia's top chess player, Grand Master Utut Adianto, attacking is one of the best defenses.This approach claimed another casualty in the seventh round of the Biel Masters tournament in Switzerland Monday as Utut beat Alexander Cherniaev of Russia...
Wed, 29 Jul 1998
Asian coffee mart down due to Indonesian woes
Asian coffee mart down due to Indonesian woes SINGAPORE (Reuters): International trading houses increased their activities marginally in Indonesia over the past week but local trading firms remained bogged down by financial problems, traders said yesterday.
Wed, 29 Jul 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on July 28, 1998: Buying Selling Rp Rp U.S. dollar 1 13,500.00 14,400.00Austrian shilling 1 999.50 1,140.50Australian dollar 1 7,908.30 8,442.50Belgian franc 1 353.50 375.00Canadian dollar 1 8,659.
Wed, 29 Jul 1998
Chandra Asri revamping
Chandra Asri revamping TOKYO (Dow Jones): Japan's Marubeni Corp. plans to complete the revamp of Indonesia's PT Chandra Asri Merak Petrochemical Center by end-2000, despite political and financial uncertainty in the country, an official with the trading house told Dow Jones Newswires yesterday.
Wed, 29 Jul 1998
'People-oriented-economy' needed
'People-oriented-economy' needed JAKARTA (JP): Noted economist Sri Edi Swasono said yesterday that the reform era and the economic crisis had served to provide an appropriate impetus for Indonesia to develop a populist economy.
Wed, 29 Jul 1998
Police postpone Anton questioning
Police postpone Anton questioning JAKARTA (JP): The police interrogation of Anton Medan, alias M. Ramdhan Effendy, for his alleged role as an agent provocateur in the mid-May riots has been postponed until further notice."Well, the police said I may go now.
Wed, 29 Jul 1998
Asian banks need 'up to $64b' in new capital
Asian banks need 'up to $64b' in new capital SINGAPORE (Reuters): The cost of recapitalizing Asia's beleagured banks, excluding those in Japan, could be as high as US$64 billion said global securities firm Merrill Lynch in a report received by Reuters yesterday.
Wed, 29 Jul 1998
Seven arrested for spate of armed robberies
Seven arrested for spate of armed robberies JAKARTA (JP): Police arrested seven men early yesterday morning in Central Jakarta for alleged involvement in three armed robberies and the murder of a minivan driver.Cempaka Putih police chief Maj.
Wed, 29 Jul 1998
Central bank begins SBI auction today
Central bank begins SBI auction today JAKARTA (JP): Bank Indonesia plans to start the weekly auction of one-month promissory notes (SBIs) today and expand it to a full range of maturities as agreed with the International Monetary Fund.
Wed, 29 Jul 1998
Investment agency urged to improve business climate
Investment agency urged to improve business climate JAKARTA (JP): President B.J. Habibie urged the government's investment agency yesterday to create a healthy and favorable business climate to lure back foreign investors to the crisis-hit country.
Wed, 29 Jul 1998
Give-and-take a key to racial harmony
Give-and-take a key to racial harmony Chinese-Indonesians have been the prime targets of violence and sexual abuse in recent riots as if they were state enemies. In reality, there are those who have contributed a lot to the country. These people tend to be forgotten at a time like this.
Wed, 29 Jul 1998
WB expects CGI to give $7b-$8b to Indonesia
WB expects CGI to give $7b-$8b to Indonesia PARIS (Dow Jones): The World Bank is looking for the Consultative Group on Indonesia (CGI) to disburse US$7 billion to $8 billion in foreign aid to Indonesia in the year to March 31, 1999, to help the Asian country meet its budgetary needs.