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Fri, 11 Sep 1998
BI's net domestic assets up to Rp 73.93t
BI's net domestic assets up to Rp 73.93t JAKARTA (JP): Bank Indonesia's (BI) net domestic assets rose 15 percent, or Rp 9.79 trillion (US$830 million), to Rp 73.93 trillion during the week ending Sept. 7, the central bank reported on Thursday.
Fri, 11 Sep 1998
Frenchman markets new map of Bandung
Frenchman markets new map of BandungBy Kafil Yamin BANDUNG (JP): Marc Le Moullec knows Bandung. The young Frenchman has been driving his 1971 Honda motorcycle through the streets of the West Java capital for the last four years. The result: a reliable and user-friendly city map.
Thu, 10 Sep 1998
ABRI's dual function: Interference or assistance?
ABRI's dual function: Interference or assistance?J. Soedjati Djiwandono This is the third of three articles in a series on the dual function concept of the Indonesian Armed Forces. JAKARTA (JP): The socio-political role played by the Indonesian Armed Forces (ABRI) through its dwifungsi (dual...
Thu, 10 Sep 1998
Fear of retaliation following clash
Fear of retaliation following clash JAYAPURA: Irian Jaya Governor Freddy Numberi has asked the North Sulawesi administration to protect around 4,000 Irianese living in and around Manado following a fight between people from the two provinces in a remote area of Irian Jaya.
Thu, 10 Sep 1998
Students stabbed at DPR still critical
Students stabbed at DPR still critical JAKARTA (JP): The two university students stabbed in a confrontation with police and troops early on Tuesday at the front gate of the House of Representatives (DPR) complex were still in a critical condition after more than 24 hours of treatment.
Thu, 10 Sep 1998
Govt denies allegation over labor exports
Govt denies allegation over labor exports JAKARTA (JP): Minister of Manpower Fahmi Idris has denied labor export companies' allegations that the government plans to monopolize labor exports."The government has insisted that there will be no monopoly in sending workers overseas and it will end all...
Thu, 10 Sep 1998
Rubber producers pin hopes on output cut to boost prices
Rubber producers pin hopes on output cut to boost prices KUALA LUMPUR (Reuters): Asian rubber producers, against a background of regional crisis, agreed at a meeting on Wednesday to cut output in an attempt to lift sinking prices, officials said.
Thu, 10 Sep 1998
Taiwanese agrarian model for RI economy
Taiwanese agrarian model for RI economyBy Peter Richards JAKARTA (JP): Indonesia, the fourth most populous country in the world, often behaves like a banana republic characterized by small population with a single resource.
Thu, 10 Sep 1998
Goiter cases fall in Sulawesi
Goiter cases fall in Sulawesi UJUNGPANDANG, South Sulawesi: The frequency of goiter cases has declined in Sulawesi, except in Southeast Sulawesi, according to a health expert here.A. Razak Thaba, the head of a body which documents cases of the affliction here, said on Tuesday that a recent survey...
Thu, 10 Sep 1998
Dolog Jaya boss quizzed over dubious transaction
Dolog Jaya boss quizzed over dubious transaction JAKARTA (JP): The city police questioned the city's logistics agency (Dolog Jaya) head Ahmad Zawawi on Wednesday for almost five hours over alleged illegal rice transactions and rice exports to Kuching, Malaysia.
Thu, 10 Sep 1998
Minister warns of La Nina-induced floods
Minister warns of La Nina-induced floods JAKARTA (JP): The government has warned that La Nina-induced floods will threaten many Indonesian provinces, even as it admitted that the country has poor flood control contingency plans.
Thu, 10 Sep 1998
Govt told to let market decide cooking oil price
Govt told to let market decide cooking oil price JAKARTA (JP): Analysts have welcomed the government's decision to remove the subsidy on cooking oil but have urged the government to refrain from interfering further with trade in the commodity and allow the market to establish the price of the...
Thu, 10 Sep 1998
Street singers protest high stapple prices
Street singers protest high stapple prices JAKARTA (JP): Dozens of street singers staged a protest on Wednesday at the Hotel Indonesia traffic circle in Central Jakarta, demanding a reduction in staple food prices and the return of all missing activists.
Thu, 10 Sep 1998
Upsurge in political turmoil mutes local financial markets
Upsurge in political turmoil mutes local financial markets JAKARTA (JP): The country's financial market continued to succumb to heightening political instability at home and regional bearish sentiments, dealers and analysts said on Wednesday.
Thu, 10 Sep 1998
Where to go in Bali:
Where to go in Bali:Exhibitions * Painting Exhibitions, by Mohammed and Joni, in Artissimo Gallery, Novotel Benoa Bali, Tanjung Benoa (Phone: 0361 772239), 10 a.m. to 9 p.m., until Sept. 15. * Painting Exhibitions, in Ganesha Gallery, Four Seasons Resort, Jimbaran (Phone: 0361 701010): Images of...
Thu, 10 Sep 1998
Govt launches guidelines to settle domestic debt
Govt launches guidelines to settle domestic debt JAKARTA (JP): The government has launched an initiative to spur the recovery of the paralyzed private sector by providing incentives and eliminating regulatory obstacles to reaching out of court domestic corporate debt restructuring agreements.
Thu, 10 Sep 1998
Slum residents to get ownership of their land
Slum residents to get ownership of their land JAKARTA (JP): The city administration is currently preparing a new decree that will allow residents living in a Pademangan slum area in North Jakarta to upgrade the legal status of their properties from state land into personal ownership, an official...
Thu, 10 Sep 1998
KL party's youth to discuss Anwar
KL party's youth to discuss Anwar KUALA LUMPUR (AFP): The youth wing of Malaysian Prime Minister Mahathir Mohamad's ruling party will hold a special meeting to discuss the issue of dismissed deputy Anwar Ibrahim, party officials said on Wednesday.
Thu, 10 Sep 1998
Japan's Asia exposure soars
Japan's Asia exposure soars TOKYO (Nikkei): Japan's top 19 banks had Y18.22 trillion (US$138 billion) in outstanding loans in Asian countries outside Japan as of March 31, according to the Federation of Bankers Associations of Japan, the Nikkei Financial Daily reported in its Wednesday edition.
Thu, 10 Sep 1998
Where to go in Surabaya:
Where to go in Surabaya:Music and Entertainment * Hyatt Regency Surabaya, Jl. Jend. Basuki Rakhmat 106-128 (Phone: 031 5311234): - The Tavern Pub: Cosindos Band, Monday to Saturday, 9 p.m. to 1:30 a.m., X-Men Band, Sunday, 9 p.m. to 1:30 a.m.
Thu, 10 Sep 1998
RI co-hosts forestry meeting
RI co-hosts forestry meeting JAKARTA (JP): Indonesia is cosponsoring a four-day international forestry meeting, which opened in Ort/Gmunden, Austria, on Monday.The Bogor-based Center for International Forestry Research (CIFOR) said on Wednesday that Indonesia was represented by the head of the...
Thu, 10 Sep 1998
Local designers organize big show amid crisis
Local designers organize big show amid crisis JAKARTA (JP): In the continuing crisis, when business is painfully slow and people's purchasing power is weakening, do we have also to give up?"Definitely not," said designer Ramli.
Thu, 10 Sep 1998
W. Java chapter deserts from Mukhtar's union
W. Java chapter deserts from Mukhtar's union BANDUNG, West Java (JP): The Indonesian Prosperous Labor Union (SBSI) is facing a rebellion after all members and executives in the union's West Java chapter declared they had deserted from the labor organization chaired by Mukhtar Pakpahan.
Thu, 10 Sep 1998
Activist urges RI not to let freedoms fade
Activist urges RI not to let freedoms fade JAKARTA (JP): Failure to institutionalize political openness this time around in a climate of relative freedom will lead to the old trap of gags on freedom of expression, a human rights advocate warned on Wednesday.
Thu, 10 Sep 1998
Troubled banks vow to return credits
Troubled banks vow to return credits JAKARTA (JP): Owners of eight troubled banks have vowed to draw on their assets to pay back liquidity credits they received from Bank Indonesia, Deputy Attorney General Soehandjono said on Wednesday.
Thu, 10 Sep 1998
Three major fires erupt overnight
Three major fires erupt overnight JAKARTA (JP): At least three large fires were recorded in the city on Tuesday night, leaving hundreds of people homeless and without any belongings.No fatalities were reported but the fires illuminated the heavily populated residential areas of Pulogadung in East...
Thu, 10 Sep 1998
ACIAR pledges more help for Indonesia
ACIAR pledges more help for Indonesia JAKARTA (JP): The Australian Centre for International Agriculture Research (ACIAR) said on Tuesday that it would increase cooperation with the Ministry of Agriculture's research and development agency to improve Indonesia's agricultural production.
Thu, 10 Sep 1998
Chivalrous attitude
Chivalrous attitude One of the capital's dailies reported in its Sept. 6 edition Gen. (ret.) Rudini appealing to the community that it should stop its condemnation of the Indonesian Armed Forces (ABRI). On the previous day, Minister of Defense and Security/Commander of the Armed Forces Gen.
Thu, 10 Sep 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film: Thundercats 3:05 College Program: Kuliah Universitas Terbuka 3:30 Science World 4:00 Regional News 4:30 Creative Program: Karya Kita 5:00 Arabic Lessons 5:30 TV Series: The Man from Uncle 6:00 News: Lintasan Berita 6:05...
Thu, 10 Sep 1998
Osama 'funded' RP militants
Osama 'funded' RP militants ISABELA, Philippines (AFP): Islamic militant Osama bin Laden channeled funds to a local fundamentalist group, a former Moslem guerrilla-turned-government official said here on Wednesday.
Thu, 10 Sep 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 9, 1998: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 325 0 0 AHAP Insurance 400 0 2,000 Alter Abadi 225 0 125,000 Alumindo Light Metal 175 -50 1,000...
Thu, 10 Sep 1998
Soekardjo retracts earlier statement
Soekardjo retracts earlier statement YOGYAKARTA (JP): A former bodyguard of president Sukarno retracted on Wednesday his statement that he saw the founding president forced at gunpoint in 1966 to sign the monumental document which set in motion Soeharto's ascent to the presidency.
Thu, 10 Sep 1998
Rally mars Habibie visit to Surabaya
Rally mars Habibie visit to Surabaya SURABAYA (JP): At least 17 people were injured during clashes between riot police and thousands of demonstrating students, workers and supporters of Megawati Soekarnoputri during a one-day visit by President B.J. Habibie here on Wednesday.
Thu, 10 Sep 1998
Villagers throw stones, rotten eggs at offices
Villagers throw stones, rotten eggs at offices JAKARTA (JP): Hundreds of angry Bekasi residents threw stones and rotten eggs at the local regency and council buildings on Wednesday to express their dissatisfaction over the installment of a new village head.
Thu, 10 Sep 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on Sept. 9, 1998: Buying Selling Rp Rp U.S. dollar 1 11,200.00 11,800.00Austrian shilling 1 897.00 1,008.00Australian dollar 1 6,593.00 6,919.00Belgian franc 1 317.00 331.00Canadian dollar 1 7,447.
Thu, 10 Sep 1998
Fair mayoral election demanded
Fair mayoral election demanded TANGERANG (JP): Hundreds of students rallied at the Tangerang legislative council here on Wednesday, demanding a fair and objective mayoral election for the 1998/2003 term.
Thu, 10 Sep 1998
Stop denouncing Soeharto, Cendana lawyer says
Stop denouncing Soeharto, Cendana lawyer says JAKARTA (JP): A lawyer representing Soeharto called on the government and the National Commission on Human Rights on Wednesday to provide protection for the former president against slanderous and humiliating remarks.
Thu, 10 Sep 1998
Salim not to sell assets to repay govt by Sept. 21
Salim not to sell assets to repay govt by Sept. 21 JAKARTA (JP): PT Indofood Sukses Makmur, a subsidiary of the giant Salim Group, said on Tuesday that the group did not intend to sell its assets to repay debts to the government by Sept. 21.
Thu, 10 Sep 1998
Bapepam issues new rule
Bapepam issues new rule JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) issued a new ruling on Wednesday allowing publicly listed companies to carry over their foreign exchange losses arising from the rupiah's sharp depreciation against the U.S. dollar to the following years.
Thu, 10 Sep 1998
Govt honors Thomas Cup team
Govt honors Thomas Cup team JAKARTA (JP): President B.J. Habibie marked National Sports Day on Wednesday by presenting medals to the victorious Thomas Cup men's badminton team in Surabaya.The 10-member and its manager Agus Wirahadikusumah were granted Satya Kebudayaan medals at the 10 November...
Thu, 10 Sep 1998
Anwar slams police harassment of aides
Anwar slams police harassment of aides KUALA LUMPUR (AFP): Malaysia's ousted deputy premier, Anwar Ibrahim, accused police on Wednesday of continuing to harass his family, friends and former colleagues following the arrest of a brother over the weekend.
Thu, 10 Sep 1998
Life insurance and exchange rate
Life insurance and exchange rate In July 1997, I bought a life insurance scheme from Bringin Life, called Bringin Executive, in U.S. dollars. It was understood and clearly written in the agreement that all payments of annual premiums and claims will be calculated at Bank Indonesia exchange rate at...
Thu, 10 Sep 1998
The message for Habibie
The message for Habibie More harm than good. This, in a nutshell, is the restrained but nonetheless unequivocal official view of this week's student demonstrations in front of the nation's legislature in Jakarta. Of course, a more positive opinion can hardly be expected from these quarters.
Thu, 10 Sep 1998
'Reconciliation needs an end to prejudice'
'Reconciliation needs an end to prejudice' JAKARTA (JP): Renowned scholar Nurcholish Madjid said on Wednesday that national reconciliation would require an end to discrimination, including the stigma on political prisoners."We can't keep being suspicious toward them all the time," Nurcholish said.
Thu, 10 Sep 1998
'MTV' VJ Nadya on a new track with South Korean stuntman
'MTV' VJ Nadya on a new track with South Korean stuntman JAKARTA (JP): "Nadya Yuti Hutagalung and Jung Doo Hong request the pleasure of your company at their wedding Sunday, 20th September 1998. Chijmes 2:30 p.m. Michelangelos 7 p.m. (Dinner)" reads the invitation.The 14.5 cm by 14.
Thu, 10 Sep 1998
RI's soccer team 'should be in Asiad'
RI's soccer team 'should be in Asiad' JAKARTA (JP): Acting All Indonesian Soccer Federation chairman Lt. Gen. Agum Gumelar said on Wednesday that the disgraced national team still deserved a shot at competing in December's Asian Games in Bangkok.
Thu, 10 Sep 1998
Rice looting continues in Pontianak, Kebumen calm
Rice looting continues in Pontianak, Kebumen calm JAKARTA (JP): Sporadic pillaging of rice and other basic commodities from shops and warehouses continued to be reported on Wednesday in and around the West Kalimantan capital of Pontianak.
Thu, 10 Sep 1998
Four boxers picked for Asiad
Four boxers picked for Asiad JAKARTA (JP): The Indonesian Boxing Association's secretary- general, Didit Soedijoto, announced on Wednesday the four boxers who will represent the country in the 13th Asian Games in Bangkok in December.
Thu, 10 Sep 1998
AmEx, Lippo sign deal
AmEx, Lippo sign deal JAKARTA (JP): American Express (AmEx) and Lippo Life have signed an agreement allowing AmEx cardholders to use their American Express Card to pay for Lippo Life insurance products and services across Indonesia.
Thu, 10 Sep 1998
Death to rice hoarders
Death to rice hoarders Amid reports that many Indonesians are in dire need of rice, it is disturbing to learn that 80,000 metric tons of the commodity are being stashed, unused, in a warehouse in the Pulogadung industrial zone in Jakarta.