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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...

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.

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.

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.

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...

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.

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...

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.

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.

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.

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.

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.

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...

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.

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...

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.

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.

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...

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.

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.

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...

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.

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...

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.

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...

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.

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.

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.

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...

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.

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...

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.

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.

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.

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.

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.

'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.

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...

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.

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.

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...

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.

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.

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).

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.

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.

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.

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...

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.

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.