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Thu, 28 May 1998
Free them all
Free them all A job half done is a job undone. Debatable as such a statement may be to some, many people would agree that this holds true in the case of the release of political prisoners in Indonesia.Of the hundreds of prisoners of conscience who have been languishing for months or years in...
Thu, 28 May 1998
Intraco reschedules debt
Intraco reschedules debt JAKARTA (JP): Publicly listed PT Intraco Petra announced yesterday it was negotiating with creditors to restructure its U.S. dollar-denominated debt.The company said its foreign debt currently stood at US$50.4 million, of which $20 million had been hedged at Rp 2,662 per U.
Thu, 28 May 1998
Stocks slump on huge sell-off of Salim stocks
Stocks slump on huge sell-off of Salim stocks JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) lost almost 4 percent yesterday, driven by massive sell-off of stocks connected to the Salim Group, stockbrokers said.
Thu, 28 May 1998
Coffee prices fall as RI unrest ends
Coffee prices fall as RI unrest ends SINGAPORE (Reuters): Coffee prices fell in Asia as recent supply worries eased due to fresh rains in Vietnam and an apparent end to civil strife in Indonesia, traders said yesterday.
Thu, 28 May 1998
Noegroho replaces Hamami as head of city police
Noegroho replaces Hamami as head of city police JAKARTA (JP): Central Java Police chief Maj. Gen. Noegroho Djajoesman will be installed as Jakarta's number one officer today, replacing Maj. Gen. Hamami Nata, National Police spokesman Brig. Gen. Da'i Bachtiar said yesterday.
Thu, 28 May 1998
RI team, creditors to meet in New York
RI team, creditors to meet in New York NEW YORK (Dow Jones): The head of Indonesia's debt team will meet with foreign bankers in New York today to address the political changes in the Asian country and prepare for the next round of debt negotiations scheduled to take place in Frankfurt on June 1,...
Thu, 28 May 1998
IBRA may take control of BCA
IBRA may take control of BCA JAKARTA (JP): Bank Central Asia (BCA), the country's largest bank, may soon be put under the control of the Indonesian Banking Restructuring Agency (IBRA) following days of fund withdrawals, banking sources said yesterday.
Thu, 28 May 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on May 27, 1998: Buying Selling Rp Rp U.S. dollar 1 9,800.00 10,800.00Austrian shilling 1 860.90 840.70Australian dollar 1 6,314.00 6,759.60Belgian franc 1 280.60 299.10Canadian dollar 1 7,015.
Thu, 28 May 1998
Military rejects security fee
Military rejects security fee TANGERANG (JP): Local military chief Lt. Col. Meris Wiryadi has rejected residents' plans to collect money for officers overseeing security in residential areas following riots earlier this month.
Thu, 28 May 1998
Imogiri kris goes global
Imogiri kris goes global YOGYAKARTA: Imogiri could quickly make a name for itself in the international arena as one of the central producers of kris.The town recently begun exporting the wavy double-edged dagger made in humble surroundings of the Imogiri subdistrict, Bantul district, to several...
Thu, 28 May 1998
Bakom-PKB concerned over recent tragedies
Bakom-PKB concerned over recent tragedies JAKARTA (JP): The Coordinating Body for National Unity (Bakom- PKB) has expressed deep concern over the recent tragedies that have increased uncertainty and a feeling of peril among minority groups.
Thu, 28 May 1998
Arson suspected in shop fires
Arson suspected in shop fires BOGOR (JP): Police suspect arson was involved in a fire that destroyed two shops in Cileungsi subdistrict Monday night.The fire occurred a day after employees of the shop belonging to Tolib, 50, reportedly mobbed to death a notorious thug, Komarudin, 25, who allegedly...
Thu, 28 May 1998
Indonesia to import tons of soybean
Indonesia to import tons of soybean JAKARTA (JP): Indonesia will import about 500,000 tons of soybean from Thailand and the United States this year to meet domestic demand, a senior official at the Ministry of Agriculture said yesterday.
Thu, 28 May 1998
Minister proposes financial aid for riot victims
Minister proposes financial aid for riot victims JAKARTA (JP): A cabinet minister pledged yesterday to urge the government to extend assistance to relatives of those who died in fires during the three days of rioting in Greater Jakarta two weeks ago.
Thu, 28 May 1998
Tracing the world's oldest profession
Tracing the world's oldest profession Pelacuran di Indonesia, Sejarah dan Perkembangannya (Prostitution in Indonesia, its History and Development); By Terence H. Hull et al.; Pustaka Sinar Harapan in cooperation with Ford Foundation, Jakarta, 1997; 157 pp + ix; Rp 15,000 JAKARTA (JP): Everybody...
Thu, 28 May 1998
Credits granted to small businesses
Credits granted to small businesses TANGERANG (JP): The local branch of state BNI 46 bank is providing credits of up to Rp 50 million to small-scale businesspeople whose kiosks and merchandise were damaged or looted during mass rioting two weeks ago, an official said yesterday.
Thu, 28 May 1998
Hoodlums clash at Blok M
Hoodlums clash at Blok M JAKARTA (JP): Drunken rival hoodlums were involved in a brief brawl early Sunday, causing minor damage to buildings before they were dispersed by the police.The brawl started after several thugs argued over money to buy liquor at about 2 a.m.
Thu, 28 May 1998
Political stability a must for economic reform: Neiss
Political stability a must for economic reform: Neiss JAKARTA (JP): The International Monetary Fund's Asia-Pacific director Hubert Neiss began talks with Indonesia's new government yesterday on setting the stage for possible disbursement of delayed bailout funds.
Thu, 28 May 1998
Congratulations pour in for new President
Congratulations pour in for new President JAKARTA (JP): Minister/State Secretary Akbar Tandjung said yesterday that President B.J. Habibie had received a slew of congratulatory letters from foreign counterparts since being appointed president on Thursday.
Thu, 28 May 1998
Governor's wife quits MPR
Governor's wife quits MPR PALU, Central Sulawesi: Following the pattern of the past few days, which has seen families of senior officials give up their various posts, Mrs. Kamsiah Paliudju, wife of Central Sulawesi Governor Banjela Paliudju, has given up her seat as a member of the People's...
Thu, 28 May 1998
Alleged vandal faces jail term
Alleged vandal faces jail term BOGOR (JP): The Bogor district court was asked yesterday to sentence a man to three months in jail for damaging a public telephone facility on Jl. Raya Bogor-Jakarta in Cimanggis.
Thu, 28 May 1998
Councilor says administration practices nepotism
Councilor says administration practices nepotism JAKARTA (JP): A senior councilor accused the city administration yesterday of practicing nepotism and cronyism in the recruitment and promotion of its employees.
Thu, 28 May 1998
Thousand Islands' reefs in trouble
Thousand Islands' reefs in trouble JAKARTA (JP): Uncontrolled harvest of corals for export has left about 75 percent of the coral reefs in the Thousand Islands, north of Jakarta, in a deplorable condition, an official said.
Thu, 28 May 1998
Danish aid for Gunungkidul
Danish aid for Gunungkidul YOGYAKARTA: Danish Ambassador Michael Sternberg has granted food aid and funds for a clean-water project worth Rp 647 million to the drought-stricken district of Gunungkidul, Yogyakarta.
Thu, 28 May 1998
Orders for textile products down by half
Orders for textile products down by half JAKARTA (JP): Local textile companies said yesterday export orders for textile and textile-related products had dropped by 50 percent due to the country's political uncertainty.
Thu, 28 May 1998
MKGR breaks ranks with Golkar
MKGR breaks ranks with Golkar JAKARTA (JP): Golkar, the political grouping that has dominated Indonesian politics since the early 1970s, is showing signs of unraveling since two of its strongest allies have indicated their intent to break away.
Thu, 28 May 1998
Experts split over move on Soeharto businesses
Experts split over move on Soeharto businesses JAKARTA (JP): Legal experts are divided over the legitimacy of the government's sudden move to review the vast trail of business contracts leading to former president Soeharto's family.
Thu, 28 May 1998
Two indicted for kidnapping baby
Two indicted for kidnapping baby JAKARTA (JP): Two women were indicted at Central Jakarta District Court Tuesday on charges of kidnapping a 17-day-old baby girl from a woman who was sentenced by the same court to one year in jail for committing a similar offense in 1996.
Thu, 28 May 1998
Asian markets on their knees as yen, Wall St. fall
Asian markets on their knees as yen, Wall St. fall SINGAPORE (Reuters): Asian markets took a hammering yesterday as a hefty fall on Wall Street and a weakening yen added to a cocktail of domestic woes.Hong Kong shares led the rout with the Hang Seng Index collapsing nearly 500 points, or 5.
Thu, 28 May 1998
Reform fighters, beware of traps!
Reform fighters, beware of traps!From MerdekaThis letter is addressed to all reform fighters connected with the May 12 event. I ask them not to be trapped by antireform political guerrillas who offer them lucrative positions in order to forget the poor.
Thu, 28 May 1998
Habibie's promises
Habibie's promises Now that he has sworn in his new old-face-dominated reform cabinet (The Jakarta Post, May 24), our new president must prove all his promises and commitments.Many people think President B.J. Habibie is a clone of Soeharto, his long-time political guru.
Thu, 28 May 1998
More demonstrations for special session of MPR
More demonstrations for special session of MPR YOGYAKARTA (JP): Two hundred youths rallied at the local legislative council here yesterday demanding a special session of the People's Consultative Assembly (MPR) to replace President B.J. Habibie.
Thu, 28 May 1998
Pakpahan testifies at activists' trial
Pakpahan testifies at activists' trial JAKARTA (JP): Muchtar Pakpahan, chairman of the Indonesian Prosperous Labor Union who was released from jail Tuesday, testified yesterday at the trial of four union members charged of illegally holding a rally on Jl. Thamrin, Central Jakarta, on March 9.
Thu, 28 May 1998
Tangerang cancels water cooperation with Tutut
Tangerang cancels water cooperation with Tutut JAKARTA (JP): The Tangerang regency government has canceled a cooperative agreement on drinking water supply with a company owned by Siti "Tutut" Hardijanti Rukmana, former president Soeharto's eldest daughter.
Thu, 28 May 1998
23 foreign banks bid to back up privatization plan
23 foreign banks bid to back up privatization plan JAKARTA (JP): State Minister for the Empowerment of State Enterprises Tanri Abeng has said 23 foreign investment banks would compete to become financial advisors and underwriters of the country's privatization program.
Thu, 28 May 1998
Asian cultures plugged on TV
Asian cultures plugged on TV SINGAPORE (DPA): The Association of Southeast Asian Nations (ASEAN) may set up a satellite television channel to showcase the region's cultures, reports in Singapore said yesterday.
Thu, 28 May 1998
Australia to stick with RI
Australia to stick with RI SYDNEY (DPA): Australia will not renege on its commitment to provide 1 billion U.S. dollars of the 43-billion-U.S.-dollar rescue package the International Monetary Fund has put together to help Indonesia out of its worst economic jam in 30 years.
Thu, 28 May 1998
Thais rice exports halted
Thais rice exports halted BANGKOK (Reuters): Thai rice exporters said yesterday they were maintaining their suspension of rice shipments to Indonesia despite a calmer political situation there.Any sales must be backed by letters of credit from credible commercial banks in third countries, exporters...
Thu, 28 May 1998
Bali offers free stay for reporters
Bali offers free stay for reporters JAKARTA (JP): If you are a foreign journalist, keep your vacation bags packed at the ready because free accommodation awaits in Bali.Bali Promo, the promotional body for the island's tourist industry, is offering a free four-night stay at one of its star- rated...
Thu, 28 May 1998
Prabowo to accept new post in ceremony today
Prabowo to accept new post in ceremony today JAKARTA (JP): Rife speculation about the sudden replacement of Lt. Gen. Prabowo Subianto as head of the Army's Strategic Reserves Command (Kostrad) was fanned further yesterday by news the handover ceremony for Prabowo's new post, heading the Armed...
Thu, 28 May 1998
Workers now free to set up their own union: Fahmi
Workers now free to set up their own union: Fahmi JAKARTA (JP): Minister of Manpower Fahmi Idris has promised that from now on, workers will be allowed to set up their own labor unions independent of the government-backed Federation of All-Indonesia Workers Union (FSPSI).
Thu, 28 May 1998
Earthquake shooks Ambon
Earthquake shooks Ambon AMBON, Maluku: An earthquake measuring 5.3 on the Richter scale shook Ambon and its surrounding areas for several minutes yesterday morning.There were no immediate reports of casualties or severe damage as a result of the quake, which, according to Antara, began at 10:49 a.m.
Thu, 28 May 1998
Councilor seeks cancellation of Teluknaga resort project
Councilor seeks cancellation of Teluknaga resort project TANGERANG (JP): A senior councilor is seeking the cancellation of a Rp 14 trillion ($1.4 billion) Teluknaga resort project because he claims the awarding of it to tycoon Liem Sioe Liong smacks of collusion with former president Soeharto.
Thu, 28 May 1998
Revoke tax holidays!
Revoke tax holidays! It is very interesting to me that these days, all national elements (students, workers and even cabinet ministers) are orchestrating the reform symphony in every step, move and decision within their respective area, authority or jurisprudence.
Thu, 28 May 1998
Police 'didn't use live ammunition at Trisakti'
Police 'didn't use live ammunition at Trisakti' JAKARTA (JP): The mystery of who fired the fatal shots in the May 12 death of four Trisakti University students slowly began to unfold yesterday when the National Commission on Human Rights said police did not use live ammunition.
Thu, 28 May 1998
Further deterioration expected in Asian banks
Further deterioration expected in Asian banks SINGAPORE (Agencies): Ratings agency Standard & Poor's (S&P) said yesterday it expects further deterioration in the financial state of Asian banks."Banks in Asia still have some further deterioration and downside to go," Ken McLay, director of S&P's...
Thu, 28 May 1998
Govt to free more political prisoners
Govt to free more political prisoners JAKARTA (JP): President B.J. Habibie offered assurances yesterday that all political prisoners would eventually be released unless they were Marxists or Communists.During a meeting with visiting United States Congressman Christopher H.
Wed, 27 May 1998
Students remembered as reform marches forward
Students remembered as reform marches forwardBy Ivy Susanti JAKARTA (JP): Two weeks ago, the fatal shooting of four Trisakti University students, demonstrating for reform on campus, rocked the nation.One small condolence for the parents was that their sons did not die for nothing, instead, the...
Wed, 27 May 1998
Where does national film reform start?
Where does national film reform start?By Marselli Soemarno JAKARTA (JP): The spirit of reform is sweeping through Indonesia. National film circles are proclaiming the same. But where must national film reform start?We could start with the empowerment of the highest film institute: the National Film...
Wed, 27 May 1998
Japan LDP to meet Habibie
Japan LDP to meet Habibie TOKYO (Reuters): A mission from Japan's ruling Liberal Democratic Party, led by former finance minister Yoshiro Hayashi, will visit Indonesia soon and meet new President B.J. Habibie, LDP sources said yesterday.