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Wed, 01 Jul 1998
Myanmar man arrested with 3.4kg of heroin
Myanmar man arrested with 3.4kg of heroin JAKARTA (JP): Customs officers and police detectives have arrested a man from Myanmar at the Soekarno-Hatta International Airport for allegedly smuggling 3.4 kilograms of high-grade heroin into the country, an official said yesterday.
Wed, 01 Jul 1998
Malaysia's new airport opens
Malaysia's new airport opens SEPANG, Malaysia (AP): The first flight from Malaysia's new US$2.5 billion airport carried Prime Minister Mahathir Mohamad up into clear skies yesterday, but teething troubles angered hundreds of ordinary passengers.
Wed, 01 Jul 1998
TV today
TV todayTVRI 12:15 p.m. World Cup Soccer (rerun) 2:00 News: Berita 14 2:30 Music 2:35 Children's Film: Jack of the Avonlea 3:05 Family's Film: Road to Avonlea 4:00 Regional News 4:30 Teen Program: Remaja Indonesia 5:00 Teen Drama: Angan-Angan 5:30 Education Quiz: Cepat Tepat 6:05 My Country: Rona...
Wed, 01 Jul 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on June 30, 1998: Buying Selling Rp Rp U.S. dollar 1 14,250.00 15,250.00Austrian shilling 1 1,073.20 1,226.40Australian dollar 1 8,662.00 9,270.00Belgian franc 1 379.50 403.60Canadian dollar 1 9,646.
Wed, 01 Jul 1998
Police too slow in probing forest fires: Minister
Police too slow in probing forest fires: Minister JAKARTA (JP): Minister of Forestry and Plantations Muslimin Nasution criticized the police yesterday for not moving to investigate 26 timber and plantation companies allegedly responsible for some of the country's recent forest fires.
Wed, 01 Jul 1998
Soldiers fire rubber bullets
Soldiers fire rubber bullets BEKASI (JP): Protesting employees of steel manufacturer PT Gunung Garuda in Kampung Tengsi, in Cibitung, (left photo) clashed with military personnel yesterday, prompting the soldiers to shoot at least 20 of them with rubber bullets.
Wed, 01 Jul 1998
MPI has new chairman
MPI has new chairman JAKARTA (JP): The Indonesia Forestry Society (MPI) has appointed Sudrajat D.P. as its chairman for the 1998/2003 tenure, replacing Abbas Adhar, who has held the position for only three months.
Wed, 01 Jul 1998
Reforestation funds 'should be returned'
Reforestation funds 'should be returned' JAKARTA (JP): Minister of Forestry and Plantations Muslimin Nasution said yesterday he would try to get back reforestry funds used to buy shares of a company set up to finance domestic jet manufacturing.
Wed, 01 Jul 1998
50,000 places still available
50,000 places still available SEMARANG: Despite the financial difficulties faced by many parents throughout the country, university students have apparently forgotten that some 50,000 government scholarships are still available.
Wed, 01 Jul 1998
'Ojek' driver stabbed to death
'Ojek' driver stabbed to death JAKARTA (JP): A 40-year-old ojek (motorcycle taxi) driver was found dead in fields outside Cikadongan village in Bekasi yesterday morning.The man, identified as Nesim from Telajung village in Setu, had suffered five severe stab wounds to his back and one to his neck.
Wed, 01 Jul 1998
Amien sets out his agenda for total reform
Amien sets out his agenda for total reform BOGOR, West Java (JP): Opposition figure Amien Rais set out yesterday his agenda of political, economic and legal reforms and warned that efforts to conduct these reforms should not be sidetracked by concerns over scarcity of basic commodities.
Wed, 01 Jul 1998
Don't use the word 'Chinese'
Don't use the word 'Chinese'From Pikiran RakyatAllow me to express my disapproval to the Chinese-Indonesian Reform Party, which is one of the many new parties springing up everywhere.As an Indonesian of Chinese descent, I don't think the party reflects the aspirations of Indonesians of Chinese...
Wed, 01 Jul 1998
SE Asian currencies rise after Japanese yen rallies
SE Asian currencies rise after Japanese yen rallies SINGAPORE (Dow Jones): Caught short by the rally of the Japanese yen, market players bought back Southeast Asian currencies during Asian trading hours yesterday, driving the regional currencies higher against the U.S. dollar.
Wed, 01 Jul 1998
Audit Soeharto's companies
Audit Soeharto's companies Allow me to propose to Minister of Finance Bambang Subianto and Director General of Taxation Anshari Ritonga that they should have the audacity to audit companies whose shares are controlled by the Soehartos, the family of Indonesia's former president, in the interests of...
Wed, 01 Jul 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 30, 1998: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 450 0 0 AHAP Insurance 575 0 0 Alter Abadi 475 -25 276,500 Alumindo Light Metal 350 75 123,500 Alumindo...
Wed, 01 Jul 1998
Masyumi rehabilitation sought
Masyumi rehabilitation sought JAKARTA (JP): The Islamic Propagation Council in a meeting with President B.J. Habibie yesterday called on the government to restore the name of Masyumi, a dominant political party which was forced to disband by first president Sukarno in 1960.
Wed, 01 Jul 1998
PT Indorama export revenues increase
PT Indorama export revenues increase JAKARTA (JP): PT Indorama Synthetics, one of the country's major polyester producers, expects to earn higher revenues from exports this year.Indorama's senior finance manager V.S.
Wed, 01 Jul 1998
Shop-house building torn down
Shop-house building torn down BOGOR (JP): Parts of a four-story shop-house building project on Jl. Raya Tajur in Sindangsari subdistrict here have finally been demolished as they cling to the nearby riverbank.
Wed, 01 Jul 1998
Sports council to ask elite for Asiad cash
Sports council to ask elite for Asiad cash JAKARTA (JP): The National Sports Council has invited members of the country's business elite who have in the past supported sports development in the country to a meeting to discuss a program to raise funds for the team competing in the 13th Asian Games...
Wed, 01 Jul 1998
Firms don't pay dividend
Firms don't pay dividend JAKARTA (JP): Publicly-listed firms PT Unggul Indah Corporation (UIC), PT Bank Arya Panduarta and PT Bank Indovest all booked profits last year despite the crisis but decided not to distribute dividends.
Wed, 01 Jul 1998
Emergency law
Emergency law I sent a letter to the editor of The Jakarta Post in which I proposed that the government start thinking about proclaiming an emergency law (in Dutch: SOB), because of the worsening situation.
Wed, 01 Jul 1998
Women killed after marriage proposal
Women killed after marriage proposal JAKARTA (JP): Holding back tears and looking down at the floor, the confessed killer of the woman whose dismembered body was found in two separate places last week revealed the bizarre murder to reporters yesterday.
Wed, 01 Jul 1998
Minimum wages raised by 15%
Minimum wages raised by 15% JAKARTA (JP): The Ministry of Manpower announced yesterday it will increase minimum wages by an average of 15 percent from Aug. 1.The move is intended to arrest the decline in real wages caused by soaring inflation, Director General of Industrial Relations and Labor...
Wed, 01 Jul 1998
3,000 demonstrate at Maumere council
3,000 demonstrate at Maumere council MAUMERE, East Nusa Tenggara: About 3,000 people held a demonstration in front of the council building here yesterday to demand that the price of electricity and basic commodities be reduced.
Wed, 01 Jul 1998
Affirmative action could ease racial tension: Expert
Affirmative action could ease racial tension: Expert JAKARTA (JP): An affirmative action policy assisting indigenous entrepreneurs could help ease tension with Chinese- Indonesians who run most of the economy, Jusuf Wanandi of the Centre for Strategic and International Studies (CSIS) says.
Wed, 01 Jul 1998
EU ambassadors end four-day Dili trip
EU ambassadors end four-day Dili trip JAKARTA (JP): Three European Union ambassadors left Dili, East Timor, yesterday at the end a four-day visit which saw tensions rise between pro- and anti-integration supporters in the troubled province.
Wed, 01 Jul 1998
BI urged to cut rates to revive economy
BI urged to cut rates to revive economy JAKARTA (JP): Prominent economist Sumitro Djojohadikusumo urged Bank Indonesia yesterday to cut interest rates in a bid to restore the ailing banking industry and revive business activities in the real sector.
Wed, 01 Jul 1998
ASEAN policy change possible
ASEAN policy change possible BANGKOK (AP): Thailand's call for the Association of Southeast Asian Nations to reconsider its policy of non-interference in the affairs of member states is supported by the regional grouping's chief, the Thai Foreign Ministry said yesterday.
Wed, 01 Jul 1998
Sutiyoso revokes his decision on pedicabs
Sutiyoso revokes his decision on pedicabs JAKARTA (JP): After only seven days of allowing becak (pedicabs) to operate again in the city, Governor Sutiyoso changed his mind yesterday and revoked his own decision on the man-powered three-wheeled vehicles.
Wed, 01 Jul 1998
Rupiah, stocks gain ground on private debt effect
Rupiah, stocks gain ground on private debt effect JAKARTA (JP): Indonesian markets gained ground yesterday with the rupiah improving to 14,700 against the U.S. dollar and stock prices rising 3.4 percent as private debt arrangements agreed in Frankfurt earlier last month came into affect today.
Wed, 01 Jul 1998
Hero needs Rp 100b to renovate outlets
Hero needs Rp 100b to renovate outlets JAKARTA (JP): The country's retail chain PT Hero Supermarket will need around Rp 100 billion (US$6.66 million) in fresh funds to renovate its damaged outlets in greater Jakarta, the company's top executive said here yesterday.
Wed, 01 Jul 1998
ABN opens 4 branches here
ABN opens 4 branches here AMSTERDAM (Dow Jones): Leading Dutch bank ABN Amro Holding NV said yesterday that it has opened four new branches in Indonesia, bringing the total number of branches in the country to 14.
Wed, 01 Jul 1998
Parni named new general manager of 'Antara'
Parni named new general manager of 'Antara' JAKARTA (JP): Senior journalist Parni Hadi is slated to be sworn in as the new general manager of the government's Antara news agency on Friday, replacing Handjojo Nitimihardjo who has held the post since 1986.President B.J.
Wed, 01 Jul 1998
Clinton appeases China, in China
Clinton appeases China, in China The Jakarta Post's Asia correspondent Harvey Stockwin continues a series of articles on President Bill Clinton's current visit to China with an analysis of the ways in which Clinton appeased China -- even while the visit was proceeding.
Wed, 01 Jul 1998
Students should stay out of politicking: Expert
Students should stay out of politicking: Expert JAKARTA (JP): The country's students, who were at the forefront of the reform movement which led to former president Soeharto's downfall, should refrain from politicking and remain merely a neutral moral force, observers said here yesterday.
Wed, 01 Jul 1998
New phone exchanges
New phone exchanges JAKARTA (JP): State telecommunications company PT Telkom will soon open two new automatic telephone exchanges in Sukatani and Terumajaya districts in Bekasi to replace the current rural radio technology facilities.
Wed, 01 Jul 1998
Building gutted by fire
Building gutted by fire JAKARTA (JP): A fire gutted the premises of all three businesses in a two-story building on Jl. Kramat Pulo in Central Jakarta yesterday afternoon.The fire started at 3:20 p.m. and was brought under control by fourteen fire engines from Central Jakarta Fire Department in one...
Wed, 01 Jul 1998
PDFCI needs Rp 3.2t to live
PDFCI needs Rp 3.2t to live JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) said yesterday it would need Rp 3.2 trillion (US$228.5 million) in fresh funding to recapitalize the debt-ridden Bank PDFCI to meet the minimum capital requirement of 4 percent by the end of this year.
Wed, 01 Jul 1998
Habibie gives basic needs top priority
Habibie gives basic needs top priority JAKARTA (JP): President B.J. Habibie has ordered the country's 27 provincial governors to prioritize the procurement of basic essentials for the people in their budgetary planning.
Wed, 01 Jul 1998
Bakrie in talks to reach debt restructuring accord
Bakrie in talks to reach debt restructuring accord JAKARTA (JP): Publicly listed PT Bakrie & Brothers said yesterday that it expected to reach an agreement with its international creditors by the end of 1998 to restructure its US$1.2 billion of overseas debt.
Wed, 01 Jul 1998
Restore managed exchange rate system: Mar'ie
Restore managed exchange rate system: Mar'ie JAKARTA (JP): Former minister of finance Mar'ie Muhammad called on the government to reintroduce a managed exchange rate system to prevent further fall in the value of the battered rupiah yesterday.
Wed, 01 Jul 1998
Flash floods hit Tolitoli
Flash floods hit Tolitoli TOLITOLI, Central Sulawesi: Flash floods triggered by several days of incessant rain inundated a transmigration site in Buol Tolitoli district over the weekend forcing the evacuation of 967 people.