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Tue, 01 Sep 1998
Hotel Majapahit's new boss
Hotel Majapahit's new boss JAKARTA (JP): International hotel chain Mandarin Oriental Group has appointed Bradford Zak as a new manager of Hotel Majapahit Mandarin Oriental in Surabaya, East Java.The hotel chain announced Monday that Zak, a former resident manager of the Mandarin Oriental Macau,...
Tue, 01 Sep 1998
RP and Brunei to discuss use of ASEAN currencies
RP and Brunei to discuss use of ASEAN currencies MANILA (AFP): Sultan Hassanal Bolkiah of Brunei, due to begin a two-day visit, is to discuss with President Joseph Estrada the use of ASEAN currencies and other measures aimed at easing the pain of the Asian crisis, a spokesman said Monday.
Tue, 01 Sep 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 31, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 325 0 0 AHAP Insurance 400 0 0 Alter Abadi 225 -25 105,000 Alumindo Light Metal 300 25 121,500...
Tue, 01 Sep 1998
Slaughtering fees to be raised
Slaughtering fees to be raised JAKARTA (JP): City-owned slaughterhouse PD Dharma Jaya will raise fees for butchering pigs and cattle by 30 percent and 65 percent respectively to enable the company to cover losses caused by the crisis.
Tue, 01 Sep 1998
INDRA caps September debt rate at Rp 12,314
INDRA caps September debt rate at Rp 12,314 JAKARTA (JP): The Indonesian Debt Restructuring Agency (INDRA) set on Monday the rupiah exchange rate for the conversion of overseas debts of local corporate debtors participating in the agency's debt restructuring program this month at Rp 12,314 per U.S.
Tue, 01 Sep 1998
Harmoko pins high hope on upcoming election
Harmoko pins high hope on upcoming election JAKARTA (JP): Speaker of the House of Representatives/ People's Consultative Assembly (DPR/MPR) Harmoko pinned high hopes on Monday on the upcoming general election to bring improvements for the nation.
Tue, 01 Sep 1998
MPR begins discussing its special session agenda
MPR begins discussing its special session agenda JAKARTA (JP): The People's Consultative Assembly (MPR) is gearing up for its four-day special session beginning on Nov. 10, with its five factions pushing for their own agendas to be included in the proceedings.
Tue, 01 Sep 1998
Nature or nurture: What is there behind transsexuality?
Nature or nurture: What is there behind transsexuality? JAKARTA (JP): Rejection or indifference: These are the two most common reactions transsexuals have to deal with in our society.Given the fact that transsexuals face extreme prejudice and a lack of acceptance, experts have tried to figure out...
Tue, 01 Sep 1998
DialMart starts operating today
DialMart starts operating today JAKARTA (JP): New household shopping service company PT DialMart Indotama is scheduled to start operations Tuesday to serve customers in Jakarta, Tangerang and Bekasi.Company president Lenny Marlina said on Monday at a ceremony inaugurating the service at the Regent...
Tue, 01 Sep 1998
Asian economic crisis shows need for changes
Asian economic crisis shows need for changes BASEL, Switzerland (AFP): The crisis in Asia underlines the need for changes in the world financial system, the Bank for International Settlements said in its latest quarterly banking report.
Tue, 01 Sep 1998
Habibie and Soeharto
Habibie and Soeharto During the Soeharto regime, the people were witness to at least five categories of deceptive information -- regarding the wealth of government officials and their families, politics, cultural and social values, justice and economic conditions.
Tue, 01 Sep 1998
Merpati cuts Jambi flights
Merpati cuts Jambi flights JAKARTA (JP): State-owned Merpati Nusantara airlines will reduce its weekly flights between Jakarta and Jambi from seven to five starting Tuesday, following the 40 percent increase in domestic airfares.
Tue, 01 Sep 1998
Attorney General begins banking investigations
Attorney General begins banking investigations JAKARTA (JP): The Attorney General's Office has started the process of investigating the management and owners of 14 troubled banks receiving more than Rp 102 trillion (US$9.3 billion) in Bank Indonesia liquidity support.
Tue, 01 Sep 1998
The specter of anarchy
The specter of anarchy The sporadic riots which broke out in Cilacap, Central Java, and Bondowoso and Situbondo in East Java last weekend have raised the specter of anarchy spreading to other parts of the archipelago.
Tue, 01 Sep 1998
Enemployment, poverty to reach alarming level
Enemployment, poverty to reach alarming level JAKARTA (JP): An average of almost 15,000 workers will lose their jobs every day this year and two out of three Indonesians are likely to be living below the poverty line in 1999, the International Labor Organization (ILO) warned on Monday.
Tue, 01 Sep 1998
Aceh atrocities boost people's demand for autonomy
Aceh atrocities boost people's demand for autonomyBy Pandaya BANDA ACEH, Aceh (JP): The fragile-looking Baharuddin Lopa stood in a crowd of 1,000 people surrounding an excavated hillside mass grave under a scalding sun, alternately acting like a fossil auctioneer and a fiery orator.
Tue, 01 Sep 1998
Banks must take human approach to home loans
Banks must take human approach to home loans JAKARTA (JP): Local banks must use a "human approach" when dealing with their home loan recipients who can no longer afford to make their monthly payments, banking observer Enny Hardjanto said on Monday.
Tue, 01 Sep 1998
Unrelenting economic crisis forces children onto the streets
Unrelenting economic crisis forces children onto the streetsBy Jupriadi JAKARTA (JP): Anto wiped sweat from his face and bravely whisked around the slow-moving cars caught in heavy traffic in the Blok M commercial district in South Jakarta."Prabowo has been fired...
Tue, 01 Sep 1998
Transsexuals find money, peace, joy at Taman Lawang
Transsexuals find money, peace, joy at Taman LawangBy Yudha Kartohadiprodjo and Yogita Tahil Ramani JAKARTA (JP): The father wanted the son to work in the field of medicine. The father would have settled for anything, even if it meant his son mopped hospital floors.
Tue, 01 Sep 1998
Asset redistribution must put people first
Asset redistribution must put people first Several commercial banks have failed to repay liquidity support to Bank Indonesia, the central bank, because their debtor companies defaulted on repaying their debts.
Tue, 01 Sep 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 Aug. 31 to Sept. 6: U.S. dollar 1 Rp 10,900.00Austrian shilling 1 860.
Tue, 01 Sep 1998
Project for skilled workers launched
Project for skilled workers launched JAKARTA (JP): The city administration launched on Monday a labor-intensive project worth more than Rp 60 billion (US$5.45 million) for skilled workers to help ease unemployment problems in the capital.
Tue, 01 Sep 1998
Malaysia marks national day
Malaysia marks national day PENANG, Malaysia (AFP): Malaysia cast off the economic gloom which has seen it plunge into recession to celebrate its 41st anniversary with joy and patriotism on Monday.Concern over "the economic crisis did not show in the faces of the thousands of people who lined the...
Tue, 01 Sep 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on Aug. 31, 1998: Buying Selling Rp Rp U.S. dollar 1 10,850.00 11,250.00Austrian shilling 1 842.00 938.00Australian dollar 1 6,099.00 6,346.00Belgian franc 1 295.00 305.00Canadian dollar 1 6,929.
Tue, 01 Sep 1998
Doctor gets two years for illegal abortions
Doctor gets two years for illegal abortions JAKARTA (JP): The Central Jakarta District Court sentenced an obstetrician to two years in jail and fined him Rp 3 million (US$272) on Monday for illegally aborting an average of 10 to 15 babies a day.
Tue, 01 Sep 1998
Hoarders blamed for soaring rice price
Hoarders blamed for soaring rice price JAKARTA (JP): Minister of Cooperatives, Small and Medium Enterprises Adi Sasono has singled out profiteering big traders as to blame for skyrocketing rice prices.Speaking to journalists following a monthly meeting of economic ministers on Monday, the minister...