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Sat, 11 Jul 1998
Kekar Thames get loans
Kekar Thames get loans BRUSSELS (Dow Jones): The European Investment Bank said yesterday it had loaned 45 million European currency units (XEU) to PT. Kekar Thames Airindo for upgrading and extending the water supply transmission and distribution system in eastern Jakarta.
Sat, 11 Jul 1998
Govt condemns gang rapes during riots
Govt condemns gang rapes during riots JAKARTA (JP): The government formally condemned yesterday the gang rapes that were rampant during and after the May riots in Jakarta and other towns, but stopped short of issuing a public apology as demanded by the National Commission on Human Rights.
Sat, 11 Jul 1998
Dharmala BV misses loan payment
Dharmala BV misses loan payment TOKYO (Reuters): Indonesia's Dharmala Intiutama International BV has missed an interest payment on a 15 billion yen samurai bond and could be declared in default, a spokesman at the bond's trustee Sanwa Bank said yesterday.
Sat, 11 Jul 1998
Workers suspended for joining protest
Workers suspended for joining protest JAKARTA (JP): An electronic components company in Cibinong, Bogor, has suspended four of its workers because they took part in a strike and protest, the workers said yesterday.
Sat, 11 Jul 1998
The danger of disintegration
The danger of disintegration Two major developments have taken place in Irian Jaya. First, students were shot, as in the mid-May Trisakti tragedy that led to the downfall of Soeharto, and second, there have been growing demands for self-rule.
Sat, 11 Jul 1998
Thai fishermen deported
Thai fishermen deported SEMARANG, Central Java: Seventeen Thai fishermen who were arrested by a sea patrol of the Central Java Police two months ago were recently deported, an official said.The Thai fishermen were deported aboard a Thai ship which unloaded imported rice at Tanjung Emas Port, head...
Sat, 11 Jul 1998
Tanri addresses graft in state companies
Tanri addresses graft in state companies JAKARTA (JP): State Minister for the Empowerment of State Enterprises Tanri Abeng has issued a new ruling to limit involvement of top officials of state-owned companies in projects or business transactions related to the firms.
Sat, 11 Jul 1998
Push to recover SEA Games funds to go on: Minister
Push to recover SEA Games funds to go on: Minister JAKARTA (JP): Minister of Forestry and Plantations Muslimin Nasution said yesterday his ministry would not give up in its efforts to recover Rp 35 billion (US$2.5 million) in forestry funds lent to finance the 19th Southeast Asian Games last year.
Sat, 11 Jul 1998
Govt covers Rp 2.5b deficit for Asiad
Govt covers Rp 2.5b deficit for Asiad JAKARTA (JP): The government has agreed to cover a Rp 2.5 billion (US$164,000) deficit in the National Sports Council's budget for Indonesia's participation in the 13th Asian Games in Bangkok in December.
Sat, 11 Jul 1998
Domestic market down on political concerns
Domestic market down on political concerns JAKARTA (JP): The domestic financial market slipped further yesterday due to political maneuvering, with the rupiah holding at 15,250 against the U.S. dollar and stock prices inching lower by 1.4 percent, dealers and analysts said.
Sat, 11 Jul 1998
Police plan to tighten security for freight
Police plan to tighten security for freight JAKARTA (JP): In response to businesspeople's complaints about the increasing incidence of truck robberies and thefts, the police are moving to tighten security in areas prone to such crime.City Police chief Maj. Gen.
Sat, 11 Jul 1998
Starving tigers get meat
Starving tigers get meat MELBOURNE, Australia (AP): Australian zoos will fund an emergency shipment of 16 metric tons of meat to feed 70 tigers at an Indonesian zoo which are starving because of the financial crisis, a spokeswoman said yesterday.
Sat, 11 Jul 1998
Counterfeit money widespread
Counterfeit money widespread BOGOR (JP): Counterfeit money has become widespread here since the monetary crisis took root last year, a reliable source at the local district court said yesterday.The court has handled eight cases related to counterfeiting involving 18 suspects over the last six...
Sat, 11 Jul 1998
Involvement of intellectuals
Involvement of intellectualsFrom Bisnis IndonesiaOne of the causes of the economic crisis in this country is the lack of intelligent people -- those endowed with vision, a sense of criticism, honesty and having public interest at heart -- in the government.
Sat, 11 Jul 1998
Freeport not worried about future despite instability
Freeport not worried about future despite instability JAKARTA (JP): Copper and gold producer PT Freeport Indonesia, a subsidiary of New Orleans-based Freeport McMoRan Copper and Gold, said yesterday it was not worried about the future of its operations in the country despite recent political...
Sat, 11 Jul 1998
Man busted with drugs and needle
Man busted with drugs and needle JAKARTA (JP): Police detectives apprehended an alleged drug dealer during a street operation in the wee hours yesterday on Jl. Suprapto in Cempaka Putih.Driving a red-metallic BMW sedan plate number BM 168 KS, the 28-year-old suspect, Andi, alias Kamir Santosa, was...
Sat, 11 Jul 1998
TV today
TV todayTVRI 12:15 p.m. World Cup Soccer (rerun) 2:00 News: Berita 14 2:30 Music 2:35 TV Series: Silverhawks 3:05 TV Drama: Kampak Emas 3:30 Science Film: Invention 4:00 Regional News 4:30 Sports 5:30 TV Series 6:00 News: Lintasan Berita 6:05 My Country: Rona Nusantara 6:15 Sports News 6:30 TVRI...
Sat, 11 Jul 1998
Textile exports rise in first quarter of '98
Textile exports rise in first quarter of '98 JAKARTA (JP): Exports of textile and textile-related products jumped 50.8 percent to US$2.46 billion in the first three months of this year from $1.63 billion in the same period last year, according to the Ministry of Industry and Trade.
Fri, 10 Jul 1998
Wet season may last till March: BMG
Wet season may last till March: BMG JAKARTA (JP): With last year's prolonged El Nio-induced dry spell still fresh in people's minds, scientists now warn that the country could face an extended wet period lasting through March.
Fri, 10 Jul 1998
General tussles with old personal attachment
General tussles with old personal attachmentBy Mochtar Buchori JAKARTA (JP): In his latest statement on his links with Soeharto, Gen. Wiranto said the relationship was "cultural" and not "structural". It is therefore untrue to say that he still receives and carries out orders from the former...
Fri, 10 Jul 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 9, 1998: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 375 0 0 AHAP Insurance 575 0 0 Alter Abadi 500 25 50,000 Alumindo Light Metal 325 0 35,000 Alumindo Perkasa...
Fri, 10 Jul 1998
Constitution needs reviewing
Constitution needs reviewing An article by Romo Mangun (noted intellectual), Toward an all brand new Indonesia (Kompas, June 4, 1998)), can broaden our horizons of thought in that the 1945 Constitution is not absolute and that it may be subject to revision.
Fri, 10 Jul 1998
33 injured in PDI Medan office takeover
33 injured in PDI Medan office takeover MEDAN, North Sumatra (JP): At least 33 people were injured yesterday when 300 supporters of Soerjadi retook the Indonesian Democratic Party (PDI) branch office here from loyalists of Megawati Soekarnoputri.
Fri, 10 Jul 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on July 9, 1998: Buying Selling Rp Rp U.S. dollar 1 14,750.00 15,750.00 Austrian shilling 1 1,089.50 1,242.40 Australian dollar 1 8,890.10 9,501.70 Belgian franc 1 384.80 408.
Fri, 10 Jul 1998
10,000 workers plan massive strike for wage increase
10,000 workers plan massive strike for wage increase JAKARTA (JP): More than 10,000 workers from 14 companies in Greater Jakarta are to strike until the government meets their demand for a 100-percent rise in the regional minimum wage, their spokesman said yesterday.
Fri, 10 Jul 1998
Zeneca exports pesticides
Zeneca exports pesticides JAKARTA (JP): PT Zeneca Agri Products Indonesia, a subsidiary of British pesticide producer Zeneca, announced yesterday that it has exported 10 containers of pesticides worth US$2.2 million to China and Malaysia over the last two months.
Fri, 10 Jul 1998
One dies in landslide
One dies in landslide DEMAK, Central Java: A man died and another was seriously injured in a landslide yesterday in Mranggen, some 10 km east of the provincial capital of Semarang.Antara reported that the landslide occurred when the two men, along with 10 others, were quarrying sand in a...
Fri, 10 Jul 1998
Councilors urge govt to sell stakes in umprofitable firms
Councilors urge govt to sell stakes in umprofitable firms JAKARTA (JP): Councilors are intensifying their pressure on the governor to sell city shares in nonperforming private companies and use the money to keep the administration going in the crisis.
Fri, 10 Jul 1998
Irian Jaya, E. Timor different: Downer
Irian Jaya, E. Timor different: Downer JAKARTA (JP): Australian foreign minister Alexander Downer maintained yesterday that the problems surrounding Irian Jaya could not be paralleled to the issue of East Timor.
Fri, 10 Jul 1998
Fresh violence hits Lagos over Abiola's death
Fresh violence hits Lagos over Abiola's death LAGOS (Reuters): Fresh violence erupted yesterday in Lagos, Nigeria's largest city, over the death in detention of opposition leader Moshood Abiola, witnesses said.
Fri, 10 Jul 1998
Soeharto says he is willing to be investigated
Soeharto says he is willing to be investigated JAKARTA (JP): Former president Soeharto has challenged any one accusing him of stashing funds abroad to come up with evidence."I don't own a single bank account abroad," Soeharto said in a news release issued by Dharmais, one of the foundations he...
Fri, 10 Jul 1998
Robber stabs housemaid
Robber stabs housemaid JAKARTA (JP): A 17-year-old housemaid was stabbed in the stomach during a robbery in the residence of her employer's daughter in Binamarga housing complex in Kranji, Bekasi, yesterday afternoon.
Fri, 10 Jul 1998
Indonesia seeks additional $4b to $6b in new loans
Indonesia seeks additional $4b to $6b in new loans NEW YORK (Agencies): Indonesian officials said Wednesday that they will seek an additional US$4 billion to $6 billion in new loans from international banks and expressed confidence that they would get it.
Fri, 10 Jul 1998
TV today
TV todayTVRI 12:15 p.m. World Cup Soccer (rerun) 2:00 News: Berita 14 2:30 Music 2:35 Children's Film: Tom and Jerry Kids 3:05 Music Lessons: Ansamble Alat Tiup 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...
Fri, 10 Jul 1998
Foreign firms ask for increased security
Foreign firms ask for increased security JAKARTA (JP): Foreign business leaders meeting with President B.J. Habibie yesterday said they wanted to see greater security for their operations and more economic incentives.
Fri, 10 Jul 1998
Where to go in Surabaya,
Where to go in Surabaya,Exhibition * Poster Exhibition: World Cup '98, at CCF - French Cultural Center, Jl. Darmokali 10 (Phone: 031-5678639), 9 a.m. to 8:30 p.m., until July 13.Music and Entertainment * Hyatt Regency Surabaya, Jl. Jend.
Fri, 10 Jul 1998
ADB agrees $302.9m aid package for RI
ADB agrees $302.9m aid package for RI MANILA (Reuters): The Asian Development Bank (ADB) said yesterday it had approved a package of US$300 million in loans and $2.9 million in technical assistance grants to help the poor in crisis-hit Indonesia.
Fri, 10 Jul 1998
Credit card holders advised to be thrifty
Credit card holders advised to be thrifty JAKARTA (JP): Credit card holders have been strongly advised to use their cards carefully while the monetary crisis continues to avoid running up large debts.Those who do not yet own a credit card have been urged not to apply unless the card is essential...
Fri, 10 Jul 1998
Race for Golkar's top post narrows to Akbar and Edi
Race for Golkar's top post narrows to Akbar and Edi JAKARTA (JP): The election for Golkar's top post effectively became a two-man race between Minister/State Secretary Akbar Tandjung and former defense minister Edi Sudradjat as delegates at Golkar's extraordinary congress initiated public...
Fri, 10 Jul 1998
Mt. Merapi spews lava
Mt. Merapi spews lava YOGYAKARTA: Mount Merapi showed increased activity yesterday, spewing hot lava in a radius of 1.5 kilometers from its cone.Despite the rumblings, the daily activities of people living in villages at the foot of the volcano were unaffected.
Fri, 10 Jul 1998
Golkar should follow reform spirit: Habibie
Golkar should follow reform spirit: Habibie JAKARTA (JP): President B.J. Habibie yesterday told the dominant Golkar political organization to follow the reform spirit if it wanted to prevail in the country's political arena.
Fri, 10 Jul 1998
Landslide disrupts telephone lines
Landslide disrupts telephone lines JAKARTA (JP): A landslide on July 4 has disrupted more than 1,000 telephone lines in East Jakarta and Bogor, state telecommunications company PT Telkom said yesterday.The head of the East Jakarta office, Laode M.
Fri, 10 Jul 1998
Hookers embarrass governor
Hookers embarrass governor JAKARTA (JP): Riau Governor H. Soeripto has admitted that he is often embarrassed to stay at hotels in the province's outlying islands of Batam, Bintan and Karimun because they were often "infested" with prostitutes looking for potential customers.
Fri, 10 Jul 1998
Navy discovers 24 sea mines
Navy discovers 24 sea mines SURABAYA, East Java: The Navy has discovered 24 sea mines buried in deep mud in the waters of Ujung Pangkah subdistrict in Gresik, west of here."These mines were placed by Japanese troops and the Allied Forces (during World War II)," spokesman for the Navy's Eastern...
Fri, 10 Jul 1998
Freeing of political detainees
Freeing of political detaineesFrom RepublikaThe euphoria of reform continues. In keeping with that spirit the government -- through the justice minister -- has set free and granted clemency to political detainees and prisoners.
Fri, 10 Jul 1998
S&P reaffirms Indonesian rating, outlook negative
S&P reaffirms Indonesian rating, outlook negative NEW YORK (Dow Jones): Standard & Poor's said it affirmed its triple-C-plus rating on Indonesia's US$400 million Yankee bond due 2006.Also, S&P said it affirmed its triple-C-plus long-term foreign currency and its single-B-minus long-term local...
Fri, 10 Jul 1998
Rising political tension pushes rupiah down again
Rising political tension pushes rupiah down again JAKARTA (JP): The rupiah lost further ground against the U.S. dollar yesterday in tandem with the rising political temperature and stock prices continued their decline on profit taking.
Fri, 10 Jul 1998
S'pore-based grain traders await Indonesian tenders
S'pore-based grain traders await Indonesian tenders SINGAPORE (Reuters): It may take a long time for cash-trapped Indonesia to issue tenders for soybean or wheat imports, traders said yesterday.And as corn demand from Malaysia continued to decrease and unstable weather triggered port loading...
Fri, 10 Jul 1998
Scholarships may be stopped
Scholarships may be stopped JAKARTA (JP): Many postgraduate students at the Bogor Institute of Agriculture fear their future studies may be in doubt as rumors are rife that the government will suspend their scholarship due to the economic crisis.
Fri, 10 Jul 1998
Jail for drunk who wrecked phone
Jail for drunk who wrecked phone BOGOR (JP): Bogor District Court sentenced a man to two months in prison Wednesday for demolishing a pay telephone in February while he was drunk.Presiding judge Sri Koestati said the defendant, Mangontang Hutasoit, 29, and his friend, identified as Robin Manalu,...