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Wed, 09 Sep 1998
SE Asian monies down in lackluster trading
SE Asian monies down in lackluster trading SINGAPORE (Dow Jones): Southeast Asian currencies were slightly weaker Tuesday in lackluster trading, as banks continued to deal with the labor-intensive problem of squaring outstanding Malaysian ringgit positions.
Wed, 09 Sep 1998
Japan eases travel warning for RI
Japan eases travel warning for RI JAKARTA (JP): Japan has downgraded a three-month travel warning for Indonesia, saying the security situation had improved and that it was safer to visit the country.In a statement received by The Jakarta Post on Monday, the Indonesian Embassy in Tokyo said the...
Wed, 09 Sep 1998
Jakartans grumble about student rally at the House
Jakartans grumble about student rally at the House JAKARTA (JP): Unlike the student rallies staged early this year that led to the resignation of president Soeharto, Monday's demonstration by some 1,000 students in front of the House of Representatives (DPR) complex received a cold response from...
Wed, 09 Sep 1998
Probe into Sukarno decree furor starts
Probe into Sukarno decree furor starts JAKARTA (JP): The National Police launched on Tuesday an unprecedented investigation into the March 11, 1966 document which effectively transferred power from founding president Sukarno to then Army minister Soeharto.
Wed, 09 Sep 1998
Govt policies 'have human rights base'
Govt policies 'have human rights base' JAKARTA (JP): The current administration has developed all of its policies based on the promotion and protection of human rights, President B.J. Habibie claimed on Tuesday.
Wed, 09 Sep 1998
Mahathir renews attack on speculators, Games reports
Mahathir renews attack on speculators, Games reports KUALA LUMPUR (AFP): Malaysian Prime Minister Mahathir Mohamad renewed his attack on currency speculators on Tuesday, accusing them of costing the country billions of dollars as it prepared for the Commonwealth Games.
Tue, 08 Sep 1998
Investors advised to pull out of local stock market
Investors advised to pull out of local stock market SEMARANG (JP): Stock market analyst Hasan Zein Machmud advised investors here on Monday to pull their investments out of the battered local stock market because of its high risks.
Tue, 08 Sep 1998
Support voiced for E. Timor reconciliation dialog
Support voiced for E. Timor reconciliation dialog JAKARTA (JP): East Timor Governor Abilio Jose Osorio Soares expressed support on Monday for a reconciliation dialog planned by Dili Bishop Carlos Felipe Ximenes Belo and Baucau Bishop Basilio do Nascimento for Sept. 10 and Sept. 11.
Tue, 08 Sep 1998
Toward a reconciliation
Toward a reconciliation Demands are growing that (former president) Soeharto be put on trial, not to mention the calls for him to account for his past policies in the scheduled special session of the People's Consultative Assembly.
Tue, 08 Sep 1998
Reduction in air services may cause famine in Irian Jaya
Reduction in air services may cause famine in Irian Jaya JAKARTA (JP): An official has warned Irian Jaya, especially Jayawijaya regency, could suffer a repeat of last year's famine because ample food stocks may be depleted by the grounding of commercial and missionary airline flights during the...
Tue, 08 Sep 1998
RI may register slight growth in two years: WB
RI may register slight growth in two years: WB WELLINGTON (AP): Indonesia may begin to move out of its profound economic crisis and see slight growth within two years, a senior World Bank official said Monday.
Tue, 08 Sep 1998
Policeman stabbed to death in Medan
Policeman stabbed to death in Medan MEDAN, North Sumatra: Donald Simanjuntak, a police corporal in Percut Sei Tuan district here, was stabbed to death in a robbery on Friday.Lt. Col. Amrin Karim, the spokesman for the North Sumatra Provincial Police, said over the weekend that Simanjuntak was...
Tue, 08 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 Sept. 7 to Sept. 13: U.S. dollar 1 Rp 10,805.00Austrian shilling 1 865.
Tue, 08 Sep 1998
Phone installation discounted
Phone installation discounted JAKARTA (JP): State telecommunications company PT Telkom has discounted new telephone installation in the Greater Jakarta area, Purwakarta and Serang by 53 percent, one of the firm's officials said.
Tue, 08 Sep 1998
PDAM Jaya told to rework its agreements with foreign firms
PDAM Jaya told to rework its agreements with foreign firms JAKARTA (JP): City Council on Monday demanded the city-owned water company PDAM Jaya revise its cooperation agreement with joint venture partners Pam Lyonnaise Jaya (Palyja) and Thames Pam Jaya (TPJ).
Tue, 08 Sep 1998
ABRI's dual function: Interference or assistance?
ABRI's dual function: Interference or assistance?By J. Soedjati Djiwandono This is the first of three articles in a series on the dual function of the Indonesian Armed Forces (ABRI). JAKARTA (JP): The Indonesian Armed Forces (ABRI) play a dual function which gives it both a socio-political role in...
Tue, 08 Sep 1998
Attorney General says he believes Soeharto's denial
Attorney General says he believes Soeharto's denial JAKARTA (JP): Attorney General Andi Muhammad Ghalib said on Monday that he believed the public denial by ousted president Soeharto against allegations that he had accumulated a fortune worth trillions of rupiah (hundreds of millions of dollars)...
Tue, 08 Sep 1998
Govt acknowledges inability to provide education for all
Govt acknowledges inability to provide education for all JAKARTA (JP): The government has admitted it has been unable to provide education for all as stipulated by the Constitution, especially now with the worsening economy.
Tue, 08 Sep 1998
NU rejects Lia's claim
NU rejects Lia's claim SURABAYA, East Java: The board of Nahdlatul Ulama's East Java branch has rejected a recent claim by ascetic Lia Aminuddin that she is the reincarnation of the messianic Imam Mahdi.
Tue, 08 Sep 1998
Adequate food and business confidence a must
Adequate food and business confidence a mustBy Howard Dick MELBOURNE (JP): Flying an aircraft is much easier than piloting an economy. The vectors of aircraft speed, wind speed and turbulence can be precisely calculated to determine actual direction and speed over the ground.
Tue, 08 Sep 1998
Chinese and privileges
Chinese and privileges Ms. Donna K. Woodward, in her letter of Aug. 20, responding to my letter of July 31, did not address the very important question I asked about where she got the data from for her allegation that Chinese-Indonesians are privileged in the economic sector.
Tue, 08 Sep 1998
IMF to focus review on rice, debt issues
IMF to focus review on rice, debt issues JAKARTA (JP): The International Monetary Fund will focus this month's review of the country's reform program on lowering the price of rice and settling domestic debt of local corporations.
Tue, 08 Sep 1998
Bob Hasan questioned over bank scam
Bob Hasan questioned over bank scam JAKARTA (JP): Mohamad "Bob" Hasan, a close business associate of former president Soeharto, was formally named a suspect in an investigation into the misuse of central bank liquidity credits.
Tue, 08 Sep 1998
Policy on staple food confusing
Policy on staple food confusing The government has decided to let prices for most of the nine basic commodities to be determined by market forces. Economist Kwik Kian Gie discusses how this policy sits with the 1945 Constitution.
Tue, 08 Sep 1998
Players await upshot of own goal shame
Players await upshot of own goal shame JAKARTA (JP): The All Indonesian Soccer Federation (PSSI) will announce on Tuesday the punishment for Mursyid Effendy and Kuncoro for an intentional own goal in a Tiger Cup group match against Thailand last week.
Tue, 08 Sep 1998
German composer to perform here
German composer to perform here JAKARTA (JP): A rare music performance blending Jazz Rock and classical compositions will be staged in Erasmus Huis on Jl. H.R. Rasuna Said, South Jakarta, at 7 p.m. on Thursday.
Tue, 08 Sep 1998
Singapore Power to sign RI gas import MOU this month
Singapore Power to sign RI gas import MOU this month SINGAPORE (Dow Jones): State utility Singapore Power is due to sign a memorandum of understanding to import natural gas from southern Sumatra, Indonesia, on Sept. 15, a senior official close to the deal told Dow Jones Newswires Monday.
Tue, 08 Sep 1998
BA clarifies
BA clarifies We would like to refer the article which appeared in The Jakarta Post on Sunday, Aug. 30, Chipmunk roams free on BA flight, and wish to clarify the issue.Investigation on this case has begun in Hong Kong as to why the animal was not detected by airport authorities at the normal...
Tue, 08 Sep 1998
Monash University's motives questioned
Monash University's motives questionedBy I. N. Cider As Monash university seeks Asian expansion questions arise concerning its motives. HOWTHORN, Victoria (JP): Despite serious confusion over the future of several departments at Australia's Monash University in Australia, the institution is...
Tue, 08 Sep 1998
Measures against official demanded
Measures against official demanded TANGERANG (JP): Bencongan villagers urged Tangerang regent Agus Djunara on Saturday to take stern action against a local regency official for his alleged involvement in the illegal sale of a four-hectare plot of land.
Tue, 08 Sep 1998
IPTN wins $5.5m contract to make Boeing-757 parts
IPTN wins $5.5m contract to make Boeing-757 parts JAKARTA (JP): State-owned aircraft manufacturer PT Industri Pesawat Terbang Nusantara (IPTN) has won a contract worth US$5.5 million to supply B-757 pressure bulkhead components to U.S giant Boeing Co.
Tue, 08 Sep 1998
Students back to DPR, insist Habibie quit
Students back to DPR, insist Habibie quit JAKARTA (JP): Students, who spearheaded the movement to remove Soeharto from the presidency earlier this year, took up where they left off on Monday and staged a vociferous demonstration at the House of Representatives (DPR) demanding President B.J.
Tue, 08 Sep 1998
Govt to review 50 toll road projects
Govt to review 50 toll road projects JAKARTA (JP): State-owned toll road operator PT Jasa Marga announced on Monday it would review 50 toll road projects to determine whether private firms had obtained contracts due to preferential treatment.
Tue, 08 Sep 1998
Speculators and people's stomachs
Speculators and people's stomachsFrom NeracaIt seems that the plight of the common people, instead of coming to an end, is worsening.While their earnings are shrinking -- in fact many people have lost their jobs and earn nothing as a result -- the prices of basic needs continue to soar.
Tue, 08 Sep 1998
Vietnam sells rice to RI
Vietnam sells rice to RI HANOI (Dow Jones): Vietnam will sell 400,000 metric tons of rice to Indonesia in two deliveries, with half to be shipped late this year, an official from the Ministry of Agriculture said Monday.
Tue, 08 Sep 1998
Dozens of building razed in Kebumen riot
Dozens of building razed in Kebumen riot JAKARTA (JP): At least 35 shops and warehouses and a truck were burned and dozens of other buildings badly damaged in a riot in the Central Java town of Kebumen on Monday.
Tue, 08 Sep 1998
Councilors call for dismissal of Dolog Jaya boss
Councilors call for dismissal of Dolog Jaya boss JAKARTA (JP): Councilors on Monday strongly urged Governor Sutiyoso to recommend the dismissal of the current chief of the Jakarta Logistics Agency (Dolog Jaya), Achmad Zawawi, for his failure to stop widespread fraud and malpractice associated with...
Tue, 08 Sep 1998
Public bus driver flees after accident
Public bus driver flees after accident JAKARTA (JP): At least two passengers were seriously wounded and some 30 others slightly injured when a Mayasari Bhakti bus hit a tree and overturned on Jl. Perintis Kemerdekaan in East Jakarta early Monday.
Tue, 08 Sep 1998
Jakarta High Court gets new chief
Jakarta High Court gets new chief JAKARTA (JP): Chief Justice Sarwata installed I. Gde Sudharta as head of Jakarta High Court on Monday, replacing Slamet Riyanto.The installation ceremony was held at the City Hall.Sarwata said the replacement was aimed at improving the performance of the court.
Tue, 08 Sep 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 7, 1998: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 325 0 0 AHAP Insurance 400 0 0 Alter Abadi 225 25 140,000 Alumindo Light Metal 225 0 15,000 Alumindo...
Tue, 08 Sep 1998
MPR to impose limit on presidential term
MPR to impose limit on presidential term JAKARTA (JP): The five factions of the People's Consultative Assembly (MPR) agreed on Monday that the special Assembly session planned for November should impose a limitation on the presidential term and abolish the president's extraordinary power granted by...
Tue, 08 Sep 1998
Kim freed from all charges in bank scam case
Kim freed from all charges in bank scam case JAKARTA (JP): The East Jakarta District Court cleared businessman Kim Johanes Mulia on Monday of all charges of complicity in a scam over promissory notes worth Rp 150 billion (US$13.6 million).Presiding judge M.
Tue, 08 Sep 1998
Tyfountex workers want rebel staff fired
Tyfountex workers want rebel staff fired JAKARTA (JP): Following strikes last week by hundreds of workers of textile company PT Tyfountex Indonesia in Kartasura, Central Java, more than 500 out of around 6,000 workers who remain loyal to the company staged a counter-demonstration at the Ministry of...
Tue, 08 Sep 1998
Banking crisis: Who's to blame?
Banking crisis: Who's to blame?By Eddy Soeparno JAKARTA (JP): Many Indonesians find it difficult to accept that the economic crisis has changed their lifestyle -- as well as their status, notably from being employed to unemployed -- in a matter of months.
Tue, 08 Sep 1998
University recommends Supreme Advisory Board dissolution
University recommends Supreme Advisory Board dissolution YOGYAKARTA (JP): Gadjah Mada University has recommended the dissolution of the Supreme Advisory Board on the grounds that it overlapped with other state agencies.
Tue, 08 Sep 1998
Local people to decide on Aceh troop withdrawals
Local people to decide on Aceh troop withdrawals JAKARTA (JP): Armed Forces (ABRI) Chief of General Affairs Lt. Gen. Fachrul Razi said here Monday it would be up to the religious leaders and people of Aceh to decide when troop deployment should end in the province.
Tue, 08 Sep 1998
Govt urged to declare nation's top debtors
Govt urged to declare nation's top debtors JAKARTA (JP): The government should announce the names of the nation's top debtors and investigate if they were involved in improprieties which have brought the country's banking industry to its knees, a senior banking analyst said Monday.
Tue, 08 Sep 1998
Bankers interrogated
Bankers interrogated The daily parade of bankers, both owners and directors, arriving for interrogation at the National Police headquarters and Attorney General's Office since early this month has understandably dominated newspaper headlines.
Tue, 08 Sep 1998
IBRA will finish bank restructuring by December: Govt
IBRA will finish bank restructuring by December: Govt JAKARTA (JP): The Indonesian Bank Restructuring Agency (IBRA) is expected to complete its rehabilitation of the local commercial banks under its supervision by the end of this year, Minister of Finance Bambang Subianto said on Monday.
Tue, 08 Sep 1998
Golkar chapter has new chairman
Golkar chapter has new chairman MEDAN, North Sumatra: Yunus Harahap, outgoing deputy chairman of the North Sumatra Golkar chapter, was elected chairman in a party meeting here on Wednesday.Yunus, who garnered a majority of the votes during the election, beat rival Zainuddin Tanjung.