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Fri, 25 Sep 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Cartoon: Warner Kartun 3:05 Music Lessons 3:30 Village Program 4:00 Regional News 4:30 Performance: Cakrawala Budaya 5:00 Music: Paket 27 5:30 Educational Quiz: Cerdas Cermat 6:00 News: Lintasan Berita 6:05 Documentary: Rona Nusantara 6:15...
Fri, 25 Sep 1998
Bangkok, Seoul could show signs of recovery soon: Economists
Bangkok, Seoul could show signs of recovery soon: Economists HONG KONG (Dow Jones): The bottom to Asia's economic contraction is nearest for Thailand and South Korea, according to Credit Lyonnais Asia Ltd.'s chief economist, Jim Walker. But Hong Kong has much further to adjust, he said.
Fri, 25 Sep 1998
Surabaya hit by rumors of rioting planned for Sept. 30
Surabaya hit by rumors of rioting planned for Sept. 30 SURABAYA, East Java (JP): The military has beefed up its presence in this provincial capital amid widespread rumors that large-scale demonstrations and even rioting are being planned for Sept. 30.
Fri, 25 Sep 1998
Dissident leader Anwar Ibrahim to face open trial
Dissident leader Anwar Ibrahim to face open trial KUALA LUMPUR (Agencies): Malaysian authorities announced on Thursday the country's dissident leader Anwar Ibrahim would soon go on open trial where the world could see he was safe and sound.
Fri, 25 Sep 1998
Recouping liquidity loans
Recouping liquidity loans The finance ministry's one-month blitzkrieg to force 10 suspended and four nationalized banks to repay about Rp 140 trillion (US$12.7 billion) in emergency liquidity finance from the central bank should satisfy the public's clamor for harsh measures against what have long...
Fri, 25 Sep 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Arts Exhibition: Women in The Realm of Spirituality, by Sixteen Indonesian Women Artists, at The National Gallery, Jl. Medan Merdeka Timur 14, Central Jakarta, until Sept. 26.
Fri, 25 Sep 1998
Japanese firms raise stakes in Astra Daihatsu Motor
Japanese firms raise stakes in Astra Daihatsu Motor JAKARTA (JP): Japanese automaker Daihatsu Motor Co. and major trading house Nichimen Corp. agreed on Thursday to raise their stakes in PT Astra Daihatsu Motor, a subsidiary of Indonesia's largest automaker PT Astra International, to 50 percent...
Fri, 25 Sep 1998
City set to cut Hotel Mulia's fine by 25%
City set to cut Hotel Mulia's fine by 25% JAKARTA (JP): The city administration is prepared to give a 25 percent reduction in the Rp 20.5 billion (US$1.95 million) penalty slapped on Hotel Mulia for violating spatial permits.
Fri, 25 Sep 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Bali's bank notes conversion rates on Sept. 24, 1998: Buying Selling Rp Rp U.S. dollar 1 10,850.00 11,150.00Australian dollar 1 6,200.00 6,590.00Brunei dollar 1 6,075.00 6,425.00Swiss franc 1 7,450.00 8,050.00Deutschemark 1 6,140.00 6,690.00French franc 1 1,700.
Fri, 25 Sep 1998
Bank Universal looks for foreign partners
Bank Universal looks for foreign partners JAKARTA (JP): Publicly-listed Bank Universal is looking for foreign partners to strengthen its capital base and businesses in a time when the domestic banking industry is on the verge of collapse.
Fri, 25 Sep 1998
Firm's guards irked over dismissal
Firm's guards irked over dismissal JAKARTA (JP): At least 20 security guards working at concrete manufacturer PT Jaya Readymix (Jayamix) complained to the National Commission on Human Rights on Thursday over the company's refusal to pay wages and overtime.
Fri, 25 Sep 1998
Foreign airlines eye Garuda's maintenance unit
Foreign airlines eye Garuda's maintenance unit JAKARTA (JP): National flag carrier Garuda Indonesia is inviting international airlines to jointly operate the Garuda Maintenance Facility (GMF), according to an airline executive.
Fri, 25 Sep 1998
Fee for commercial court administrator 'too high'
Fee for commercial court administrator 'too high' JAKARTA (JP): Golf course and clubhouse developer PT Karabha Digdaya said on Thursday that the commercial court's decision to impose a five percent fee for the appointed administrator to take charge of its assets would be a further blow to its weak...
Fri, 25 Sep 1998
Thai baht strengthens to a record 1-month high
Thai baht strengthens to a record 1-month high SINGAPORE (Bloomberg): The Thai baht strengthened to its strongest in more than two months Thursday as other Southeast Asian currencies were little changed.Dealers said baht rose 0.8 percent to 40.13 to the U.S.
Fri, 25 Sep 1998
Shuttlers, lifter gets IOC scholarships
Shuttlers, lifter gets IOC scholarships JAKARTA (JP): Three badminton players and one weightlifter have been awarded two-year International Olympic Committee (IOC) Olympic Solidarity Scholarships.The National Sports Council announced on Thursday that the 1997 men's doubles world champions Candra...
Fri, 25 Sep 1998
Police call soothsayer over hateful quote
Police call soothsayer over hateful quote JAKARTA (JP): Police questioned noted soothsayer Gendeng Pamungkas on Thursday on suspicion of sowing public hatred toward Chinese-Indonesians.Dressed in a blue checkered shirt and dark pants, Gendeng, alias N.M.H.
Fri, 25 Sep 1998
Tons of oil found at port
Tons of oil found at port CILACAP, Central Java (JP): Port authorities discovered 200 metric tons of cooking oil in a tank at Tanjung Intang Port here on Thursday, leading them to suspect the stock had been deliberately hoarded.
Fri, 25 Sep 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 24, 1998: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 325 0 0 AHAP Insurance 400 0 10,000 Alter Abadi 200 0 0 Alumindo Light Metal 200 0 38,000 Alumindo...
Fri, 25 Sep 1998
Student steals phone coin box
Student steals phone coin box JAKARTA (JP): The Central Jakarta office of state telecommunications company PT Telkom, announced on Thursday the arrest of a high school student for allegedly stealing a public telephone coin box.Septika N.
Fri, 25 Sep 1998
Down to earth solutions needed
Down to earth solutions needed One of Mr. Kwik Kian Gie's concerns over foreign exchange control ("Insight," Sept. 22, 1998) is the level and conduct of the bureaucracy needed to make it happen.Obviously Mr.
Fri, 25 Sep 1998
Taiwan toning down 'Go South' investment
Taiwan toning down 'Go South' investment TAIPEI (Dow Jones): Taiwan is toning down its "Go South" policy, focusing more on helping Taiwan businesses cope in the crisis-torn Southeast Asian countries rather than encouraging new investment there, an official at the Council for Economic Planning and...
Fri, 25 Sep 1998
Students hit by odd malady
Students hit by odd malady KENDARI, Southeast Sulawesi: Members of a Buton regency high school were relocated last week to the nearest elementary school after many female students complained of a mysterious ailment.
Fri, 25 Sep 1998
Regional banks form grouping
Regional banks form grouping SINGAPORE (Dow Jones): Fifteen regional banks announced Thursday the launch of the Asia Pacific Loan Market Association to strengthen and increase lending activities."Market players will stand to gain from potential savings in cost and time through the standardization...
Fri, 25 Sep 1998
Former Dolog chief arrested over rice scam
Former Dolog chief arrested over rice scam JAKARTA (JP): After an intensive two-week investigation which included the questioning of 49 witnesses, the Jakarta Police finally arrested Ahmad Zawawi, the former head of the Jakarta Logistics Agency (Dolog Jaya), early on Thursday.
Fri, 25 Sep 1998
Jobs for needy in Sulawesi
Jobs for needy in Sulawesi UJUNGPANDANG, South Sulawesi: A labor intensive project recently initiated in the Ujungpandang region is expected to provide jobs for 245,132 unemployed people.The head of the manpower office in the area, Harry Mandey, said on Wednesday that the project would include the...
Fri, 25 Sep 1998
Habibie orders ABRI to get tough
Habibie orders ABRI to get tough JAKARTA (JP): President B.J. Habibie and Armed Forces (ABRI) Commander Gen. Wiranto alleged on Thursday that certain groups have been continuing their campaign of provocation in an attempt to destabilize security and public order.
Fri, 25 Sep 1998
Domestic routes open to foreign airlines
Domestic routes open to foreign airlines JAKARTA (JP): President B.J. Habibie said on Thursday the government would allow international carriers to enter all parts of the country in a bid to boost the ailing tourist industry.
Fri, 25 Sep 1998
Hendrawan wants Indonesia Open title
Hendrawan wants Indonesia Open title JAKARTA (JP): The 1998 Singapore Open winner Hendrawan of Indonesia is optimistic about winning the 1998 Sanyo Indonesia Open badminton championships here next month which have been plagued by a lack of entrants and sponsors.
Fri, 25 Sep 1998
Making RI's human resources ready for globalization
Making RI's human resources ready for globalizationBy Budi Hanoto JAKARTA (JP): The Jakarta Post on Sept. 14, 1998 carried an article entitled "Competition causes angst among employees".The article explained how companies the world over are responding to the challenge of globalization by finding...
Fri, 25 Sep 1998
Corruption threatens continued aid: WB
Corruption threatens continued aid: WB JAKARTA (JP): The World Bank warned on Thursday that aid money for social safety net programs in Indonesia could be discontinued if its intended purposes are hindered by corrupt practices.
Thu, 24 Sep 1998
Stock prices rise again on Paris debt agreement
Stock prices rise again on Paris debt agreement JAKARTA (JP): Local stock prices rose for a second consecutive day on Wednesday due to late buying of undervalued blue chip stocks and renewed confidence following an agreement between the government and the Paris Club to roll over part of the...
Thu, 24 Sep 1998
Sudwikatmono taken to court
Sudwikatmono taken to court JAKARTA (JP): Bambang Sutrisno sued his former business partner Sudwikatmono in South Jakarta District Court on Wednesday for failing to pay US$10 million for the acquisition of the plaintiff's 50 percent share in the Golden Truly Group as allegedly agreed last September.
Thu, 24 Sep 1998
Three maids jailed for jewelry theft
Three maids jailed for jewelry theft JAKARTA (JP): The Central Jakarta District Court sentenced three housemaids on Wednesday to three months in prison for stealing jewelry worth Rp 2 billion (US$181,820) belonging to their employers.
Thu, 24 Sep 1998
Sutiyoso launches fund-raising program
Sutiyoso launches fund-raising program JAKARTA (JP): Governor Sutiyoso announced on Tuesday that several businessmen and city officials had expressed their readiness to use the interest paid on the deposit of Rp 300 million (US$28,571), to help poor people severely affected by the monetary crisis.
Thu, 24 Sep 1998
Group calls on Indonesians to give support to Anwar
Group calls on Indonesians to give support to Anwar JAKARTA (JP): A group led by a prominent lawyer and human rights activist called on the public on Wednesday to lend their support to the detained former Malaysian deputy prime minister Anwar Ibrahim.
Thu, 24 Sep 1998
Indonesia ranks high on corruption index
Indonesia ranks high on corruption index WASHINGTON (Reuters): Indonesia and other countries which won billions of dollars of international loans are seen as among the most corrupt nations in the world, according to a survey released on Tuesday.
Thu, 24 Sep 1998
'Fiskal' money pilfered
'Fiskal' money pilferedFrom MerdekaI was flabbergasted by the statement from the Attorney General's office of suspicion that fiskal money (tax paid by travelers going abroad) pilfered at Soekarno-Hatta airport from 1997 until now amounted to Rp 600 billion.
Thu, 24 Sep 1998
Donations to boarding houses
Donations to boarding houses BOGOR (JP): West Java Governor R. Nuriana handed over donations in the form of fish, hens, corn seeds and fertilizer to 10 Islamic boarding houses in Bogor on Tuesday.The donations were given to representatives of the boarding houses in a ceremony at Mekarwangi village...
Thu, 24 Sep 1998
Economic crisis severely hits car parts producers
Economic crisis severely hits car parts producers JAKARTA (JP): Auto parts producers have been the worst hit by the economic crisis out of all those involved in the country's automotive industry, according to an industry executive.
Thu, 24 Sep 1998
ABRI at a crossroads
ABRI at a crossroads One of the institutions worst hit by the current crisis of confidence is the Armed Forces (ABRI). This institution, which under the New Order regime exercised the real power in this country, is now hobbled.
Thu, 24 Sep 1998
Lampung's poor start fisheries
Lampung's poor start fisheries BANDAR LAMPUNG, South Sumatra: Poor families in Lampung have started farming fish and redeveloping neglected plots, in projects designed to assist those in need.On Wednesday, the projects involving thousands of farmers in South Lampung regency, started with the...
Thu, 24 Sep 1998
Japan pledges to help ASEAN
Japan pledges to help ASEAN TOKYO (AFP): Japan will start to use public sector capital as a new form of assistance to Southeast Asian countries in addition to aid within the IMF framework, a report said Wednesday.
Thu, 24 Sep 1998
PLN welcomes Hopewell decision on Tanjung Jati
PLN welcomes Hopewell decision on Tanjung Jati JAKARTA (JP): State electricity company PT PLN said on Tuesday that it welcomed the decision by Hong Kong-based company Hopewell to suspend its power station project in Tanjung Jati, Central Java.
Thu, 24 Sep 1998
1965 coup film no longer obligatory
1965 coup film no longer obligatory JAKARTA (JP): Minister of Information Muhammad Yunus said on Wednesday all television stations would no longer have to screen a government-produced film on the 1965 coup attempt blamed on the Indonesian Communist Party (PKI).
Thu, 24 Sep 1998
Public transport destroyed in Jambi
Public transport destroyed in Jambi JAMBI: Residents of Jambi ran amok and destroyed eight public transportation vehicles on Tuesday.The residents were disappointed passengers who had been left stranded due to a transport strike.
Thu, 24 Sep 1998
Students rally to deny communist accusations
Students rally to deny communist accusations JAKARTA (JP): A huge number of students staged massive rallies in Jakarta on Wednesday, apparently to reject accusations leveled by various parties that their actions were being exploited by those who followed the communist ideology.
Thu, 24 Sep 1998
Salim cuts stake in HK's firm
Salim cuts stake in HK's firm HONG KONG (Dow Jones): Indonesia's Salim Group has cut its stake in Hong Kong's First Pacific Co. to 26 percent from 31 percent, by transferring shares to a new holding company owned by the Indonesian government, the Salim Group said Wednesday.
Thu, 24 Sep 1998
RI, Paris Club agree on debt rescheduling
RI, Paris Club agree on debt rescheduling JAKARTA (JP): The Paris Club creditor nations agreed on Wednesday to reschedule US$4.2 billion in principal payments of Indonesia's sovereign debt to allow the country to focus on financing its economic reform programs and help the poor weather the acute...
Thu, 24 Sep 1998
SE Asian monies defy recent trading patterns
SE Asian monies defy recent trading patterns SINGAPORE (Dow Jones): Currencies in Southeast Asia defied recent trading patterns during Asian hours on Wednesday, as the baht and the Singapore dollar strengthened despite a sharp fall in Japanese yen.
Thu, 24 Sep 1998
Top China military chief to retire
Top China military chief to retire JAKARTA (JP): China's top military chief will be forced into retirement due to a series of economic-related scandals that have tarnished the People's Liberation Army (PLA), Jane's Defence Weekly reported this week.Beijing-based sources told the magazine that Gen.