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Thu, 14 May 1998
Kuntoro to probe alleged fraud at Balongan refinery
Kuntoro to probe alleged fraud at Balongan refinery JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto said yesterday he would investigate allegations of corruption at the US$2billion Balongan refinery in West Java, which is owned by state oil and gas company Pertamina.
Thu, 14 May 1998
RI coffee exports dampened by heavy rains
RI coffee exports dampened by heavy rains SINGAPORE (Reuters): Coffee exports from Indonesia were hampered by heavy rains and a shortage of containers while the Vietnamese market turned quiet as most houses covered their prompt shorts, traders said yesterday.
Thu, 14 May 1998
RI to have more border officers
RI to have more border officers JAYAPURA, Irian Jaya: The Jayapura immigration office plans to station more officers at several key border points with Papua New Guinea (PNG) in an attempt to reduce illegal border crossings.
Thu, 14 May 1998
Prosecutor defends abortion trial
Prosecutor defends abortion trial JAKARTA (JP): Prosecutor Andi Tjudai has urged a panel of judges at the Central Jakarta District Court to continue hearing the case against Budiman alias Arifin, 51, who was indicted at the court on charges of conducting illegal abortions.
Thu, 14 May 1998
Foreign investors drop plans due to escalating tension
Foreign investors drop plans due to escalating tension JAKARTA (JP): At least two of eight foreign investors seeking to acquire stakes in 12 state-owned firms have withdrawn their plans due to heightening social and political tensions, a minister said yesterday.
Thu, 14 May 1998
Who desecrates the Constitution?
Who desecrates the Constitution?By Johannes Nugroho SURABAYA (JP): President Soeharto's concessive annunciation of the possible speeding up of political reformation has been a single, significant sign of democratic progress in the last decade.
Thu, 14 May 1998
'Kleptocracy' blamed for RI crisis
'Kleptocracy' blamed for RI crisis JAKARTA (JP): Observers identified crony capitalism and kleptocracy as the cause of the deteriorating state of the nation and called on students to continue pushing for reform.
Thu, 14 May 1998
Gen. Soemitro's legacy
Gen. Soemitro's legacy The demise of (retired Gen.) Soemitro has left many of us with indelible memories. To those who were directly involved in the student movement of 1974, he remains known as a stern, unpretentious and straightforward national security commander, but also one who was close to...
Thu, 14 May 1998
Asian economies may need four years to recover: WB
Asian economies may need four years to recover: WB SINGAPORE (Reuters): Asia's tiger economies may take up to four years to recover from the crisis that has battered them over the last year, a senior World Bank official said yesterday.
Thu, 14 May 1998
Governor seeks legal basis for fuel tax
Governor seeks legal basis for fuel tax JAKARTA (JP): Although Governor Sutiyoso has backtracked on his plan for an automotive fuel tax in the wake of a strong public outcry, the administration is still counting on a clear legal basis for introducing the measure.
Thu, 14 May 1998
Political kidnappings
Political kidnappings Mulyana W. Kusumah's article titled 'Stop political kidnappings' in the May 12 edition of your newspaper provided a degree of chilling insight into the ugly reality of political kidnappings which now plague Indonesia.According to Mr.
Thu, 14 May 1998
High maternal death rate receives poor attention
High maternal death rate receives poor attentionBy Rita A. Widiadana JAKARTA (JP): As her ignorant and irresponsible husband looks on, young villager Siti Zubaedah dies a painful death from hemorrhaging during childbirth.
Thu, 14 May 1998
Students honor 'reform heroes'
Students honor 'reform heroes' JAKARTA (JP): Students at most universities throughout the country postponed classes yesterday to hold rallies honoring four peers who died in Jakarta Tuesday when security personnel opened fire on what students insisted was a peaceful protest.
Thu, 14 May 1998
Danes wary of Indonesia's young squad
Danes wary of Indonesia's young squad JAKARTA (JP): European champion Denmark believes Thomas Cup holder Indonesia is relying on young and less experienced players but it does not plan to let down its guard.
Thu, 14 May 1998
KL blaze leaves many homeless
KL blaze leaves many homeless KUALA LUMPUR (AP): A fire that swept through a Kuala Lumpur shanty inhabited mainly by Indonesian migrant workers destroyed nearly 2000 abodes and left thousands of people homeless, a newspaper reported yesterday quoting fire officials.No injuries were reported.
Thu, 14 May 1998
Dozens of students hurt in Yogyakarta riot
Dozens of students hurt in Yogyakarta riot YOGYAKARTA (JP): At least two dozen students had to be treated in hospital after police forced their way on to the University of Gadjah Mada campus in Yogyakarta to break up a protest rally involving thousands of students yesterday.
Thu, 14 May 1998
'Angkot' van drivers on strike
'Angkot' van drivers on strike BOGOR (JP): Hundreds of Angkot public minivan drivers went on strike Tuesday, demanding that the government set new fares for them following the increase in fuel prices.The drivers of minivans plying the Bogor-Citeureup route complained they often had to argue with...
Thu, 14 May 1998
Four arrested for drug dealing
Four arrested for drug dealing JAKARTA (JP): Police have arrested four people suspected of selling drugs on university campuses.They were apprehended in a raid on their rental house on Jl. K.S. Tubun, Central Jakarta, Tuesday, police said.
Thu, 14 May 1998
Cause of 'TVRI' fire still unknown
Cause of 'TVRI' fire still unknown JAKARTA (JP): The police are still investigating the cause of the fire which destroyed a studio at the state-owned TVRI television station Monday.Central Jakarta police chief Lt. Col.
Thu, 14 May 1998
FIFA boss Havelange praises Asian soccer
FIFA boss Havelange praises Asian soccer KUALA LUMPUR (Agencies): The International Football Federation yesterday indicated that more World Cup tournaments could be awarded to Asian countries because of the good development of the game and facilities in the region.
Thu, 14 May 1998
U.S., Australia urge RI to show restraint
U.S., Australia urge RI to show restraint WASHINGTON (Agencies): In a strongly worded statement, U.S. Secretary of State Madeleine Albright on Tuesday deplored violence in Indonesia and urged security forces there to show restraint.
Thu, 14 May 1998
Asian financial markets slide as violence rocks Indonesia
Asian financial markets slide as violence rocks Indonesia SINGAPORE (Reuters): Violence in Indonesia shook most Asian financial markets yesterday, as the Jakarta stock index slumped more than 8 percent at one point and the rupiah sank.
Thu, 14 May 1998
ASEAN bankers seek trade incentives
ASEAN bankers seek trade incentives MANILA (Reuters): Southeast Asian bankers have urged central banks to provide incentives to encourage the use of regional currencies in cross-border trade."Clear incentives should be given to promote the use of ASEAN currencies in trade," the ASEAN Bankers...
Thu, 14 May 1998
RI foreign debt drops to US$131.7 billion: BI
RI foreign debt drops to US$131.7 billion: BI JAKARTA (JP): Indonesia's total foreign debt dropped to US$131.7 billion as of February this year, down from $133.7 billion in January, the central bank reported yesterday.Bank Indonesia said the fall was mainly due to a $1.
Thu, 14 May 1998
Hanjin denies leaving RI
Hanjin denies leaving RI JAKARTA (JP): Korean-based Hanjin Shipping Co. Ltd denied yesterday that it had pulled its shipping fleet out of Indonesia and was using feeders to run its operations."We want to emphasize that Hanjin will not abandon Indonesia in any way," a representative of Hanjin's...
Thu, 14 May 1998
Rupiah, shares bleed for killed students
Rupiah, shares bleed for killed students JAKARTA (JP): The rupiah plunged to almost 11,000 against the U.S. dollar and share prices dropped 6.6 percent yesterday over worries of escalating political tension following the shooting of four students by security forces at a university demonstration on...
Thu, 14 May 1998
Crisis threatens motherhood programs
Crisis threatens motherhood programs JAKARTA (JP): Every month, Martina, who is seven months pregnant, goes to a community health center for a checkup.She does not have to worry about the cost as she has a maternity care (ANC) card which entitles her to professional medical treatment during...
Thu, 14 May 1998
Riots erupt in the wake of student shootings
Riots erupt in the wake of student shootings JAKARTA (JP): The fatal shooting of four Trisakti University students in West Jakarta on Tuesday triggered sporadic violent rioting, looting and noisy rallies in the city yesterday, paralyzing most activities in the capital.
Wed, 13 May 1998
Heal thyself or seek support?
Heal thyself or seek support? While in Jakarta and Surabaya recently for meetings with both national tourist industry decision-makers and their East Java counterparts, I was afforded a valuable opportunity to make a firsthand assessment of prevailing conditions and their influence on Indonesia's...
Wed, 13 May 1998
Most Asian currencies weak, rupiah drops
Most Asian currencies weak, rupiah drops SINGAPORE (Reuters): Asian regional currencies got off to a mostly softer start after the long holiday weekend with the market still worried about social unrest in Indonesia and a weak yen, dealers said on Tuesday.
Wed, 13 May 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 12, 1998: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 600 0 0 AHAP Insurance 500 0 0 Alter Abadi 925 0 57,500 Alumindo Light Metal 300 0 0 Alumindo Perkasa...
Wed, 13 May 1998
Campus bulletins voice message of reform
Campus bulletins voice message of reformBy Ati Nurbaiti JAKARTA (JP): The rising prominence of university students has been the dominant feature in calls for political and economic reforms in the country.
Wed, 13 May 1998
Thais demand end to RI violence
Thais demand end to RI violence BANGKOK (Reuters): Several Thai political activists protested briefly outside the Indonesian Embassy in Bangkok yesterday, demanding an end to violence against antigovernment protesters in Indonesia.
Wed, 13 May 1998
Govt promises to improve workers' image overseas
Govt promises to improve workers' image overseas JAKARTA (JP): Newly appointed Director General for Labor Placement Sirajudin Syamsuddin pledged yesterday to improve the image of Indonesians working overseas, saying there would be a more selective process for sending them abroad.
Wed, 13 May 1998
Expediting reform
Expediting reform After two days of relative calm, students in various cities across Indonesia returned to the streets yesterday to voice their discontent over the economic and political situation and to demand change.
Wed, 13 May 1998
Religious leaders join force for reform
Religious leaders join force for reform JAKARTA (JP): Religious leaders in Yogyakarta and Surabaya, East Java, urged the government to meet demands for political and economic reform, warning that public patience was boiling over.
Wed, 13 May 1998
Food prices soar to new highs
Food prices soar to new highs JAKARTA (JP): Prices of several essential commodities soared to new highs yesterday following the government's recent decision to increase fuel and transport tariffs.Traders in major markets reported that sugar, wheat flour, cooking oil and sweet potato were...
Wed, 13 May 1998
Four students killed at Trisakti rally
Four students killed at Trisakti rally JAKARTA (JP): At least four students of Trisakti University were killed during an antigovernment rally in West Jakarta yesterday evening.RCTI last night reported six dead but gave no names.
Wed, 13 May 1998
Priok port has cargo center
Priok port has cargo center JAKARTA (JP): State port operator PT Pelabuhan Indonesia II (Pelindo II), which is responsible for the management of Jakarta's Tanjung Priok port, has started operating a new cargo distribution center to facilitate container flow through the port, especially for...
Wed, 13 May 1998
Heavy flooding hits parts of Jakarta and Tangerang
Heavy flooding hits parts of Jakarta and Tangerang JAKARTA (JP): Thousands of houses in several areas in Jakarta and Tangerang were inundated yesterday with floodwaters reaching between 30 centimeters and two meters.
Wed, 13 May 1998
Shipping lines leave RI after drop in imports
Shipping lines leave RI after drop in imports JAKARTA (JP): Indonesia's drop in imports has forced many foreign cargo shipping lines to cut or withdraw their operations here, a shipping line executive has said.James T.Y.
Wed, 13 May 1998
Makindo pays dividend
Makindo pays dividend JAKARTA (JP): Publicly listed securities firm PT Makindo will pay a dividend of Rp 73.5 (less than 1 U.S. cent) per share for the 1997 financial year.The company's president Gunawan Yusuf said yesterday that about 80 percent of the company's profits was distributed as cash...
Wed, 13 May 1998
Camdessus sees possible RI private debt accord
Camdessus sees possible RI private debt accord PARIS (Agencies): IMF managing director Michel Camdessus said on Monday that a debt deal with Indonesia was possible at a May 26 meeting in Frankfurt with creditor banks.
Wed, 13 May 1998
Phillips says Timor Sea project delayed two years
Phillips says Timor Sea project delayed two years BARTLESVILLE, Okla. (Reuters): Phillips Petroleum Co. said Monday production of liquefied natural gas at the Bayu-Undan gas field in the Timor Sea off Indonesia has been delayed by a weak market and disagreements with its major partner, Australian...
Wed, 13 May 1998
Sampang may sink next century
Sampang may sink next century JAKARTA (JP): Future residents of Sampang, East Java, may well have to learn to keep their heads above water as regency officials warn the town could be submerged in the next century.
Wed, 13 May 1998
Students vow to rally until vital changes are achieved
Students vow to rally until vital changes are achieved JAKARTA (JP): Students who have temporarily abandoned their studies and families to attend unrelenting antigovernment rallies have vowed to continue protesting until substantial change has been achieved.
Wed, 13 May 1998
RI after to honors in bridge
RI after to honors in bridge JAKARTA (JP): Indonesia's 18-strong team will depart for the Pacific Asia Bridge Championships in Kobe, Japan, today with an ambitious target of sweeping all three top honors on offer.
Wed, 13 May 1998
11 trapped in fire, another jumps to death
11 trapped in fire, another jumps to death JAKARTA (JP): Twelve people died when a fire gutted a three- story shop/house in Duta Harapan Indah, Penjaringan, North Jakarta, yesterday.Eleven of the victims died after being trapped by the flames.
Wed, 13 May 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on May 12, 1998: Buying Selling Rp Rp U.S dollar 1 8,700.00 9,600.00Austrian shilling n/a n/aAustralian dollar 1 5,742.10 6,061.00Belgian franc 1 248.00 260.70Canadian dollar 1 6,341.50 6,652.
Wed, 13 May 1998
Indonesian monopolies must go, IMF official says
Indonesian monopolies must go, IMF official says SEOUL (Reuters): Indonesia's politically sensitive monopolies still have to be dismantled, but its reform program remains generally on track, a senior International Monetary Fund official said yesterday.