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Fri, 22 May 1998
Asahan's woes trim Japan aluminum stocks
Asahan's woes trim Japan aluminum stocks TOKYO (Reuters): Japanese aluminum buyers are looking forward to expected production cuts at PT Indonesia Asahan Aluminum this year, which should help trim huge domestic inventories, traders say.
Fri, 22 May 1998
Students jubilant, but not satisfied
Students jubilant, but not satisfied JAKARTA (JP): Students nationwide rejoiced following Soeharto's resignation yesterday but demanded that B.J. Habibie step down as president immediately.After watching the announcement, televised live at 9 a.m.
Fri, 22 May 1998
Military roadblocks cause problems for hospitals
Military roadblocks cause problems for hospitals JAKARTA (JP): Heavy barricades set up by the military along some major roads in South and Central Jakarta on Wednesday not only prevented people from going to their offices but also hindered those seeking medical attention at hospitals in the...
Fri, 22 May 1998
Soeharto's exit debated by lawyers
Soeharto's exit debated by lawyers JAKARTA (JP): Constitutional law expert Yusril Ihza Mahendra insisted that Soeharto's resignation and transfer of power to B.J. Habibie was in line with the 1945 Constitution, but other observers begged to differ.
Fri, 22 May 1998
B.J. Habibie -- a president by accident if not default
B.J. Habibie -- a president by accident if not default JAKARTA (JP): When B.J. Habibie was elected vice president by the People's Consultative Assembly (MPR) in March, few people thought he would ever succeed Soeharto as president.
Thu, 21 May 1998
Airports quiet as departures slow down
Airports quiet as departures slow down JAKARTA (JP): The wave of foreigners and Indonesians scurrying abroad dipped markedly yesterday, with Jakarta's main Soekarno- Hatta International Airport appearing almost back to normal.
Thu, 21 May 1998
National Awakening Day rally canceled to avoid bloodshed
National Awakening Day rally canceled to avoid bloodshed JAKARTA (JP): Leading opposition figure Amien Rais called off, at the last minute, a massive anti-Soeharto rally planned for yesterday around the National Monument (Monas), citing possible bloodshed.
Thu, 21 May 1998
Divorces up for S'pore Moslems
Divorces up for S'pore Moslems SINGAPORE (AP): The number of Moslem divorces rose last year in multiethnic Singapore, a newspaper reported yesterday.Divorces among Moslems, which are handled by Islamic authorities in a Shariah Court rather than by the regular judiciary, rose about 10 percent to...
Thu, 21 May 1998
Tension reigns over Jakarta's Monas Square
Tension reigns over Jakarta's Monas Square JAKARTA (JP): The atmosphere at the National Monument (Monas) Square and its vast surrounding area in the heart of the capital was unusually tense yesterday, resembling an eerily quiet combat zone instead of a popular hangout location.
Thu, 21 May 1998
Business activity grinds to a virtual halt
Business activity grinds to a virtual halt JAKARTA (JP): Business activities were virtually at a standstill yesterday, with banks and companies closing their offices over fears of possible mass demonstrations.
Thu, 21 May 1998
No time for delay, nations tell Soeharto
No time for delay, nations tell Soeharto WASHINGTON (Agencies): Leading nations sent a clear message yesterday to Indonesia's President Soeharto: Time is running out!United States Secretary of State Madeleine Albright yesterday called on President Soeharto to "preserve his legacy" by permitting a...
Thu, 21 May 1998
RI to meet China in Thomas Cup semis
RI to meet China in Thomas Cup semis HONG KONG (Reuters): Holder Indonesia rested former world champion Hariyanto Arbi yesterday but was still too strong for Malaysia in their final group match in the Thomas Cup men's team championship.
Thu, 21 May 1998
Mahathir still in hospital
Mahathir still in hospital KUALA LUMPUR (AP): Malaysian Prime Minister Mahathir Mohamad attended yesterday a Cabinet meeting after being hospitalized for four days.But Mahathir returned directly to his ward after the meeting for further treatment, Bernama news agency said.
Thu, 21 May 1998
Reform committee to be set up today
Reform committee to be set up today JAKARTA (JP): The initial lineup of the National Committee for Reform will be announced today, Minister/State Secretary Saadilah Mursjid said yesterday.President Soeharto will issue an executive order to establish a committee comprising public figures and experts...
Thu, 21 May 1998
Golkar wants MPR special session
Golkar wants MPR special session JAKARTA (JP): The majority of Golkar members in the House of Representatives voted yesterday to convene an extraordinary session of the People's Consultative Assembly (MPR) to bring about President Soeharto's resignation.
Thu, 21 May 1998
Four pages
Four pages Despite the national holiday, The Jakarta Post appears in a four-page edition today to bring our readers the latest national political developments. -- The Publisher
Thu, 21 May 1998
Student protest turns into a giant festival
Student protest turns into a giant festival JAKARTA (JP): Students from Surabaya University in East Java arrived in Jakarta empty-pocketed after traveling here on Monday to join student protests at the House of Representatives.
Thu, 21 May 1998
Yogyakarta's Sultan leads massive reform rally
Yogyakarta's Sultan leads massive reform rally YOGYAKARTA (JP): Yogyakarta's Sultan Hamengkubuwono X led a peaceful rally of at least 600,000 in this ancient city yesterday to demand President Soeharto's resignation.
Thu, 21 May 1998
Amien and colleagues admit to divisions over Soeharto's move
Amien and colleagues admit to divisions over Soeharto's move JAKARTA (JP): Leading government critic Amien Rais and his friends expressed outrage over President Soeharto's Tuesday meeting with nine Moslem leaders, a move they admitted had sowed division among "reformists".
Thu, 21 May 1998
JIS graduates 82 students in Singapore
JIS graduates 82 students in Singapore SINGAPORE (AP): Amid rowdy applause and some somber reflection, one-third of the graduating class of Jakarta International School (JIS) counted their blessings Tuesday as they took part in a graduation ceremony most thought would never happen.
Thu, 21 May 1998
Grief and homely suprises meet fleeing Indonesians
Grief and homely suprises meet fleeing Indonesians SINGAPORE (Agencies): Singaporeans have been opening their homes to families fleeing riot-torn Indonesia, offering free or reduced rent for unused rooms and apartments.
Thu, 21 May 1998
Opinions divided on Soeharto's reform offer
Opinions divided on Soeharto's reform offer JAKARTA (JP): Opinions on President Soeharto's offer to reform were divided between acceptance without reservation, acceptance with conditions, and outright rejection yesterday.
Thu, 21 May 1998
Nation awaits new government
Nation awaits new government JAKARTA (JP): President Soeharto remained closeted in his Cendana residence in Central Jakarta yesterday, amid growing speculation that he would step down today.Informed sources told The Jakarta Post that Soeharto would hand over the presidency to Vice President B.J.
Wed, 20 May 1998
Foreign embassies continue to urge their citizens to leave
Foreign embassies continue to urge their citizens to leave JAKARTA (JP): Several foreign embassies here urged their citizens yesterday evening to immediately leave the country in anticipation of today's large-scale demonstrations to commemorate National Awakening Day.
Wed, 20 May 1998
Human rights defense committee
Human rights defense committee BOGOR (JP): A group of nine activists declared yesterday the establishment of the Human Rights Defense Committee (Kopham) aimed at helping people who have been victimized during the current political violence, either by security officers or rioters.
Wed, 20 May 1998
Put a stop to carnage
Put a stop to carnageFrom KompasWe deplore the clash between Mercu Buana University students and security forces on the university campus. The clash resulted in many injured victim. The damage to the campus discredits our security forces, who seem to be increasingly repressive and brutal.
Wed, 20 May 1998
Some expatriates choose to remain in Jakarta
Some expatriates choose to remain in Jakarta JAKARTA (JP): While thousands of foreigners join the race to the airport due to the country's uncertain political situation and last week's riots, there are some expatriates who have decided to sit tight.
Wed, 20 May 1998
New bylaw on advertisement tax deliberated
New bylaw on advertisement tax deliberated JAKARTA (JP): City Council is currently deliberating a new municipality bylaw on the taxation of advertisements to replace existing Bylaw No. 10 approved in 1989, councilor Lukman F. Mokoginta said yesterday.
Wed, 20 May 1998
Indonesia to play Denmark in Uber semis
Indonesia to play Denmark in Uber semis HONG KONG (Agencies): Mia Audina, a teenage heroine for Indonesia in its last two Uber Cup women's team badminton triumphs, lifted her game yesterday to help the holder to a vital win over South Korea.
Wed, 20 May 1998
Soeharto's offer is the maximum: Analyst
Soeharto's offer is the maximum: Analyst JAKARTA (JP): President Soeharto's offer to hold a general election and not run for the presidency in the ensuing General Session of the People's Consultative Assembly (MPR) is the most he could offer to the nation, constitutional law expert Yusril Ihza...
Wed, 20 May 1998
Religious tolerance in RI
Religious tolerance in RIBy June Santosa This is the first of two articles on religious tolerance in Indonesia. JAKARTA (JP): When the news broke that Amien Rais had received an invitation to appear before U.S.
Wed, 20 May 1998
Thai millers fear RI corn defaults
Thai millers fear RI corn defaults BANGKOK (Reuters): Thai feed mills, fearing that Indonesian unrest and overselling of its corn might lead to defaults, are seeking new zero-tariff corn import quotas from the Thai government, trade sources said yesterday.
Wed, 20 May 1998
Australia welcomes Soeharto poll pledge
Australia welcomes Soeharto poll pledge CANBERRA (Agencies): Australian Prime Minister John Howard praised President Soeharto yesterday for pledging fresh elections in which he would not be a candidate.
Wed, 20 May 1998
Market upbeat following Soeharto's speech
Market upbeat following Soeharto's speech JAKARTA (JP): The country's financial market responded positively to President Soeharto's offer yesterday to step down after fresh elections, but analysts warned of more uncertainty.The rupiah bounced back sharply to 12,000 against the U.S.
Wed, 20 May 1998
Government cuts fares for public transportation
Government cuts fares for public transportation JAKARTA (JP): The government has reduced land, sea and air transportation fares from today, following last week's reduction in fuel prices.Communications Minister Giri Suseno finally agreed to cut public transport fares on Monday night, after a twelve...
Wed, 20 May 1998
BI rules out another rise in interest rates
BI rules out another rise in interest rates JAKARTA (JP): Indonesia's monetary authority ruled out yesterday the possibility of a further increase in interest rates to help the ailing rupiah.Bank Indonesia (BI) Governor Sjahril Sabirin said that interest rates would not be increased until political...
Wed, 20 May 1998
Soeharto's statement boosts Asian markets
Soeharto's statement boosts Asian markets HONG KONG (AP): From Jakarta to Tokyo, Asia's battered markets generally rose yesterday after Indonesian President Soeharto announced that he would institute reforms, call new elections and ultimately step down.
Wed, 20 May 1998
Soeharto sets his on terms
Soeharto sets his on terms JAKARTA (JP): President Soeharto succumbed yesterday to strong public pressures for him to resign, but he set his own terms on how and when he will step down.It will not be now or anytime soon. And he will not resign per se but will make way for a successor.
Wed, 20 May 1998
Asian currencies perk up on Soeharto's poll pledge
Asian currencies perk up on Soeharto's poll pledge SINGAPORE (Reuters): Indonesian President Soeharto's promise of fresh elections in which he would not stand as a candidate cheered Asian currency markets yesterday, but dealers and analysts said the gains could prove short-lived.
Wed, 20 May 1998
Reform stickers sell well
Reform stickers sell well SEMARANG, Central Java: One of the hottest selling items in the city here are stickers expressing support for the reform movement.Small traders in the provincial capital have taken advantage of the reform hysteria by printing stickers carrying various reform slogans.
Wed, 20 May 1998
Riot aftermath hits courtrooms
Riot aftermath hits courtrooms JAKARTA (JP): Last week's massive rioting has brought justice to a halt in courtrooms, with just a few justice seekers appearing in court as scheduled and many suspects' detentions being extended, court officials said yesterday.
Wed, 20 May 1998
30,000 students demonstrate at House building
30,000 students demonstrate at House building JAKARTA (JP): The vast compound and complex of the domed House of Representatives was speckled with the bright colors of the university jackets worn by students yesterday.
Wed, 20 May 1998
No ban on TV news coverage: Govt
No ban on TV news coverage: Govt JAKARTA (JP): Minister of Information Alwi Dahlan denied issuing an order banning television stations from airing news reports of the recent riots and growing reform movement yesterday.
Wed, 20 May 1998
Planned massive rally may affect public life
Planned massive rally may affect public life JAKARTA (JP): Fearing possible unrest due to a massive antigovernment rally scheduled for this morning, most activities in the capital will be temporarily closed today.
Wed, 20 May 1998
30,000 students take over the House
30,000 students take over the House JAKARTA (JP): Around 30,000 students demonstrating for reform stormed the House of Representatives/People's Consultative Assembly building in Senayan yesterday in their biggest show of force yet.
Wed, 20 May 1998
Provincial council rejects Soewardi
Provincial council rejects Soewardi SEMARANG, Central Java: Central Java provincial council factions has called on outgoing Governor Soewardi not to participate in the next gubernatorial election."We hope Governor Soewardi will wholeheartedly waiver renomination for the 1998/2003 period," Col.
Wed, 20 May 1998
Indonesian unrest pushes Japanese banks to raise loss reserves
Indonesian unrest pushes Japanese banks to raise loss reserves TOKYO (Reuters): Top Japanese banks slow to respond despite their large exposure to companies in Indonesia will now have to speed up precautionary steps, analysts said yesterday.
Wed, 20 May 1998
Kia maintains RI project
Kia maintains RI project SEOUL (Reuters): South Korea's Kia Motors Corp said yesterday it would go ahead with its plan to build a joint venture car plant near Jakarta despite political and economic turmoil in Indonesia.
Wed, 20 May 1998
Union Texas tender offer still on despite unrest
Union Texas tender offer still on despite unrest NEW YORK (Reuters): Atlantic Richfield Co. said on Monday that its planned $3.3 billion acquisition of Union Texas Petroleum Holdings Inc. would not be derailed by escalating unrest in Indonesia, where both have large interests.
Wed, 20 May 1998
BI's net domestic assets valued at minus Rp 30.81t
BI's net domestic assets valued at minus Rp 30.81t JAKARTA (JP): Bank Indonesia's net domestic assets (NDA) were valued at minus Rp 30.81 trillion (US$2.8 billion) as of May 15, indicating a monetary expansion of Rp 9.54 trillion against the previous week's level.