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Wed, 17 Sep 1997
RI light crude exports may rise
RI light crude exports may rise SINGAPORE (Reuter): Expectations of a higher volume of light crude exports from Indonesia for October kept sentiment on the Asian light crudes bearish yesterday, traders said.But the heavier crudes remained supported on improved demand from China and Australia.
Wed, 17 Sep 1997
Regional shares flounder amid lack of incentives
Regional shares flounder amid lack of incentives HONG KONG (AFP): Regional shares markets floundered yesterday on a lack of fresh incentives and further falls in regional currencies.All markets, except Tokyo and Auckland, recorded losses, while financial markets in Seoul and Taipei were closed for...
Wed, 17 Sep 1997
Maystadt here to boost Indonesian-Belgian ties
Maystadt here to boost Indonesian-Belgian ties JAKARTA (JP): Visiting Belgian Vice Prime Minister Philippe Maystadt met with President Soeharto yesterday in a bid to boost economic cooperation between the two countries.
Wed, 17 Sep 1997
BDNI gets long-term rating of BB-plus
BDNI gets long-term rating of BB-plus LONDON (Reuter): IBCA, Europe's international credit rating agency, yesterday assigned an Individual rating of C, a Long-term rating of BB+ and a Short-term rating of B to Bank Dagang Nasional Indonesia (BDNI).
Wed, 17 Sep 1997
Doohan set to defend his GP title in Sentul
Doohan set to defend his GP title in Sentul JAKARTA (JP): Despite his certainty of winning the World 500cc Grand Prix title, Australia's Michael Doohan will continue his bid to bag another race title when he competes in Sentul, Bogor on Sept. 28.After winning the GP race in England on Aug.
Wed, 17 Sep 1997
'Solopos' daily published
'Solopos' daily published SURAKARTA, Central Java: Residents of Central Java will be able to have more news variety starting Friday when the Solopos newspaper officially hits the stands.Chief editor Danie H Soe'oed said Minister of Information R.
Wed, 17 Sep 1997
Work starts on Koridor Satrio project
Work starts on Koridor Satrio project JAKARTA (JP): Construction of a massive Rp 10 trillion ($3.7 billion) project began yesterday to convert Jl. Prof. Satrio in Central Jakarta into a pedestrian-friendly street lined with hotels and shopping malls.
Wed, 17 Sep 1997
Educators condemn harsh punishment for students
Educators condemn harsh punishment for students JAKARTA (JP): Physical punishment for students which borders on abuse must be prohibited as it is noneducational towards students, educators said yesterday.
Wed, 17 Sep 1997
Two killed in furniture factory fire
Two killed in furniture factory fire JAKARTA (JP): Two workers were killed in an overnight fire which burned part of a furniture plant on Jl. Palapa, Cengkareng, West Jakarta, on Monday.Their bodies were found after the fire had been extinguished. They were difficult to identify.
Wed, 17 Sep 1997
Resettlement target can't be achieved
Resettlement target can't be achieved YOGYAKARTA (JP): Only 76 percent of a total 650,000 families targeted can be transmigrated before the end of the sixth five- year development plan, Minister of Transmigration Siswono Yudohusodo said here yesterday.
Wed, 17 Sep 1997
The $35b retrenchment
The $35b retrenchment The government deserves high commendation for immediately delivering some of the drastic measures it promised early this month to cope with the currency turmoil and its far-reaching implications.
Wed, 17 Sep 1997
'Drunk-driving law not needed'
'Drunk-driving law not needed' JAKARTA (JP): Should Indonesia introduce a tougher clause against drunk-driving in its traffic law?A councilor, asked for his comment after the bus driver of the ill-fated Jaya Bakti Super intercity bus was found to be drunk when he crashed the bus on Sunday, doesn't...
Wed, 17 Sep 1997
Businesspeople hail massive spending cuts
Businesspeople hail massive spending cuts JAKARTA (JP): Businesspeople and analysts welcomed the massive spending cuts announced by Minister of Finance Mar'ie Muhammad yesterday but said they are not enough to strengthen the fundamentals and competitiveness of the national economy.
Wed, 17 Sep 1997
Govt reschedules projects worth $35.6b
Govt reschedules projects worth $35.6b JAKARTA (JP): Minister of Finance Mar'ie Muhammad announced yesterday the postponement or review of Rp 105 trillion (US$35.6 billion) worth of government and state-related projects as part of the drastic measures to cope with the currency crisis.
Wed, 17 Sep 1997
Spotlight
SpotlightPhoto A: PaintingsJP/afsARTIST'S INSIGHT: Surabaya artist Makhfoed (right) explains to writer Umar Kayam about one of his paintings on display at the Taman Ismail Marzuki arts center in Central Jakarta. The exhibition, which Umar opened last week, ends today.
Wed, 17 Sep 1997
DBS Buana starts operation
DBS Buana starts operationJP/alx PT Bank DBS Buana, a joint venture between DBS Bank of Singapore and Bank Buana Indonesia, officially opened yesterday.DBS Bank, ranked among the top 100 banks in the world, is the largest bank in Singapore as well as Southeast Asia with funds of S$6.
Wed, 17 Sep 1997
Which side does the government take?
Which side does the government take? Indonesian workers employed abroad have been ceaselessly victimized by irregularities in the mechanism of their dispatch.They have fallen victim to brokers, who actually constitute a link in the mafia-like chain of human trade, from the time of recruitment, down...
Wed, 17 Sep 1997
Driver of ill-fated bus is our employee: Operator
Driver of ill-fated bus is our employee: Operator JAKARTA (JP): A Semarang-based bus operator confirmed yesterday that the driver of the ill-fated Jaya Bakti Super bus was one of its employees.Thirty-five people were killed when the bus, which was on its way from Jakarta to the Central Java town of...
Wed, 17 Sep 1997
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Travel: My Country 2:35 Family's Film: Big Brother Jake 3:10 Children's Program: Anak-Anak Indonesia 3:35 Talk Show: Kotak Pos 4:00 Regional News 4:30 Educational Quiz: Cepat Tepat 5:10 TV Series: Road to Avonlea 5:55 Music 6:00 News: Lintasan Berita 6:05...
Wed, 17 Sep 1997
Capital shifting may not profit
Capital shifting may not profit JAKARTA (JP): Shifting corporate assets overseas causes more harm than good to the country's economy, an economist said.Faisal Basri, an economist at the University of Indonesia, said here yesterday that Indonesian companies which have so far operated overseas, had...
Wed, 17 Sep 1997
Levies on shallow wells
Levies on shallow wellsFrom KompasAfter the recent ID raid, regretted by many sides, the Jakarta Administration is now set to implement a controversial regulation to impose levies on shallow wells, which form the water source for a large percentage of the capital city's inhabitants.
Wed, 17 Sep 1997
Rain may disrupt world rally c'ship
Rain may disrupt world rally c'ship MEDAN, North Sumatra (JP): Heavy rain may disrupt the Gudang Garam World Rally Championship due to start on Friday.Rain in Medan on Sunday and Monday caused slippery road conditions in the city.
Wed, 17 Sep 1997
Southeast Asian currencies take a dive
Southeast Asian currencies take a dive SINGAPORE (AFP): Southeast Asian currencies fell across-the- board yesterday amid market concern that Malaysia might renege on its promise to shelve mammoth projects and fears that a global financial rescue package for Thailand will fall apart, dealers said.
Wed, 17 Sep 1997
Ninth student dies in street brawls
Ninth student dies in street brawls JAKARTA (JP): The 1997 death toll from school street brawls rose to nine yesterday afternoon when another senior high school student was killed.Ade Rukmana, 17, a student of privately run STM Bahariwan technical school in North Jakarta, was attacked and fatally...
Wed, 17 Sep 1997
Ramayana raises capital
Ramayana raises capital JAKARTA (JP): The extraordinary shareholders meeting of the publicly listed department store chain PT Ramayana Lestari Sentosa agreed yesterday to issue a one-to-one bonus share.
Tue, 16 Sep 1997
State handling of land row denounced
State handling of land row denounced JAKARTA (JP): Local governments have a tendency to side with corporations in land conflicts, a member of the National Commission on Human Rights said yesterday.Local governments, as stated in a 1993 presidential decree, should act as an impartial mediator in...
Tue, 16 Sep 1997
English subtitles on films
English subtitles on filmsFrom KompasOur organization BKS-AJBSI/Teflin (board for the cooperation among Schools of English language and literature in Indonesia) is involved in the teaching of English under the supervision of the Directorate General of Higher Education.
Tue, 16 Sep 1997
ASEAN meeting moved to Jakarta due to forest fire problem
ASEAN meeting moved to Jakarta due to forest fire problem JAKARTA (JP): The government has hastily moved the venue for the seventh ASEAN Ministerial Meeting on the Environment from Manado, North Sulawesi, to Jakarta.
Tue, 16 Sep 1997
Tap water enough until October
Tap water enough until October JAKARTA (JP): City-owned water company PDAM Jaya promised yesterday to provide an adequate clean water supply during the prolonged dry season to its customers.The promise was made in a meeting yesterday between the company's officials and members of the City Council.
Tue, 16 Sep 1997
Masks needed to combat haze
Masks needed to combat haze SINGAPORE (Agencies): The haze that has enveloped most of Singapore, Malaysia and Indonesia has reached such critical levels that an expert recommended yesterday special masks be worn to minimize its ill-effects.
Tue, 16 Sep 1997
Students tried for consuming 'Putaw'
Students tried for consuming 'Putaw' JAKARTA (JP): Two students of privately run Sahid University were indicted at South Jakarta Court yesterday for possessing and consuming putaw, a low grade heroin.Prosecutor Zaiful Alim Said said the defendants, Rachmatulloh, 26, and Zamroni, 22, were charged...
Tue, 16 Sep 1997
German cultural festival to be held
German cultural festival to be held JAKARTA (JP): Encapsulating the essence of German culture, the Goethe-Institute, the German Embassy, Germany's office for academic exchange and the telecommunication company, Siemens, are holding a 15-day festival of German culture in Jakarta, starting today.
Tue, 16 Sep 1997
Liquidity needs easing to stop crisis: Economists
Liquidity needs easing to stop crisis: Economists JAKARTA (JP): Economists have warned that the government should further ease the tight monetary measure to prevent a possible economic crisis.Mari E. Pangestu and Tubagus Feridhanusetyawan, both from the Centre for Strategic and International...
Tue, 16 Sep 1997
OPEC output surges
OPEC output surges NICOSIA (AFP): OPEC's output hit an 18-year high of 27.45 million barrels a day (b/d) in August, or 2.4 million b/d above its ceiling, due to high Iraqi production, the Middle East Economic Survey (MEES) reported yesterday.
Tue, 16 Sep 1997
Foreign players join Wismilak tennis
Foreign players join Wismilak tennis SURABAYA (JP): Three foreign players lead by Taiwanese Wang Shi-Ting are among the 26 seeded players who will take part in the Wismilak International women's tennis tournament here, Sept. 22 to Sept. 28.
Tue, 16 Sep 1997
Fire razes Samuda market
Fire razes Samuda market PALANGKARAYA, Central Kalimantan: Fire has razed hundreds of shop-houses in Samuda market, East Kotawaringin regency.The fire late Sunday evening also destroyed several boats anchored at the market's quay. Samuda is the biggest coconut producer in the province.
Tue, 16 Sep 1997
Dead baby found in polluted river
Dead baby found in polluted river JAKARTA (JP): A newborn girl was found dead on top of a floating mass of garbage in the middle of Kali Grogol canal near Jl. Pakembangan in Palmerah, West Jakarta, yesterday afternoon.
Tue, 16 Sep 1997
Sumatra and Kalimantan haze declared disaster
Sumatra and Kalimantan haze declared disaster JAKARTA (JP): The government has declared the haze stemming from forest fires in Sumatra and Kalimantan a disaster requiring immediate action.The Office of Coordinating Minister for People's Welfare, in a letter sent to provincial governors in Sumatra...
Tue, 16 Sep 1997
Rates cut again as rupiah, stocks stable
Rates cut again as rupiah, stocks stable JAKARTA (JP): Bank Indonesia, the central bank, cut rates again yesterday on its short-term papers (SBIs) by 100 and 200 basis points in an effort to lower overall banking interest rates.
Tue, 16 Sep 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 15, 1997: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,050 -50 182,500 AHAP Insurance 2,500 0 0 Alter Abadi 900 -100 5,000 Alumindo Light Metal 825 25...
Tue, 16 Sep 1997
Australia still confidence in Indonesia's economy
Australia still confidence in Indonesia's economy JAKARTA (JP): Australian remains confident of the economic fundamentals of Indonesia and other Southeast Asian countries despite the region's currency crises, the country's foreign minister Alexander Downer said yesterday.
Tue, 16 Sep 1997
Observers contemplate Habibie's new appoitnment
Observers contemplate Habibie's new appoitnment JAKARTA (JP): Observers are unable to agree on whether the appointment of State Minister of Research and Technology B.J. Habibie as coordinator of Golkar's board of patrons is any indication of his chances at the vice presidency.
Tue, 16 Sep 1997
TENNIS CHAMPION:
TENNIS CHAMPION:Antara Indonesia's unseeded Andrian Raturandang (photo above) won the third series of the Satelindo Indonesia Satellite Circuit after beating second seeded Alexei Gavrilov of Russia in Sunday's final 0-6, 6-3, 6-4 at the Senayan tennis complex.
Tue, 16 Sep 1997
Luxury haj operators demand raised quota
Luxury haj operators demand raised quota JAKARTA (JP): The Association of Umroh and Haj Operators (AMPUH), operators that offer more deluxe services on the haj pilgrimage, are demanding an increase of their quota of pilgrims from 7,500 to 10,000.
Tue, 16 Sep 1997
Hotel employees go on strike
Hotel employees go on strike BALIKPAPAN, East Kalimantan: Guests staying at the Dusit Inn Hotel in Balikpapan were left to fend for themselves yesterday as 250 hotel employees went on strike in demand for the resignation of general manager Jacques Lafargue.
Tue, 16 Sep 1997
Names of victims in bus collision
Names of victims in bus collision JAKARTA (JP): Following is the latest list of the 28 identified victims, including a female, dead in the bus-truck crash on Cikunir-Cakung toll road, as released by staff of the Cipto Mangunkusumo General Hospital morgue yesterday.
Tue, 16 Sep 1997
Galungan: A Balinese holy day with mithology and history
Galungan: A Balinese holy day with mithology and historyBy Garrett Kam DENPASAR, Bali (JP): The Balinese celebrate the festival of Galungan every 210 days, and it next falls this Wednesday.The event is based on an ancient agricultural feast of giving thanks to nature for providing bountiful crops.
Tue, 16 Sep 1997
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting and Ceramics Exhibition, works of Firman, Tisna Sanjaya, Agus Suwage and Suyatna, at the Lontar Gallery. Jl. Utan Kayu 68 H East Jakarta, Monday to Saturday, 10 a.m. to 5 p.m., until Sept. 30. * Painting Exhibition: by Soegeng, at the Galeri TC, Jl.
Tue, 16 Sep 1997
Balai Pustaka upbeat about future book sales
Balai Pustaka upbeat about future book sales JAKARTA (JP): Indonesia's oldest publisher, Balai Pustaka, affirmed that its future book sales would not be overly threatened by electronic media such as CD-ROMs and other multimedia technology, as books were still more practical for most people.
Tue, 16 Sep 1997
Southeast Asian currencies range-bound in quiet trade
Southeast Asian currencies range-bound in quiet trade SINGAPORE (Reuter): Southeast Asian currencies kicked the week off in a drowsy state against the dollar yesterday with Tokyo closed for a one-day holiday.