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Wed, 06 May 1998
UK minister due here today
UK minister due here today JAKARTA (JP): British Chancellor of the Exchequer Gordon Brown is expected to arrive here today for a one-day visit.Brown, who is also the chairman of the Group of Seven (G-7) finance ministers and of the European Union's Economic and Finance Council, is expected to call...
Wed, 06 May 1998
Dozens injured in student protests over fuel price rises
Dozens injured in student protests over fuel price rises JAKARTA (JP): Clashes between students and security personnel across the country yesterday again resulted in injuries to dozens of protesters, including one who was shot in Ujungpandang, South Sulawesi, when police fired warning shots at...
Wed, 06 May 1998
BI's net domestic assets valued at minus Rp 37.70t
BI's net domestic assets valued at minus Rp 37.70t JAKARTA (JP): Bank Indonesia's net domestic assets as of May 1 were valued at minus Rp 37.70 trillion, indicating a monetary expansion of Rp 862 billion against the level in the previous week.
Wed, 06 May 1998
Nova Sumatra to operate gas pipeline in Sumatra
Nova Sumatra to operate gas pipeline in Sumatra SINGAPORE (Dow Jones): Nova Gas International Ltd., a wholly owned unit of Canada's Nova Corp. has won a contract to operate and maintain a natural gas pipeline currently under construction in Sumatra by Indonesian state gas utility PT Perusahaan Gas...
Wed, 06 May 1998
Bankruptcy Law ushers in new era
Bankruptcy Law ushers in new era JAKARTA (JP): The recently enacted Bankruptcy Law marks a fundamental change in the country's commercial legal system, lawyers said here yesterday."This is a breakthrough, a new era for creditors since many of them have suffered losses due to debtors who failed to...
Wed, 06 May 1998
Cigarette factories contribute to development efforts
Cigarette factories contribute to development effortsBy Tedy Novan, Ahmad Solikhan and Angger Jatiwijaya KUDUS, Central Java (JP): Passing through this town, we get the sensation of entering a large area full of billboards.
Wed, 06 May 1998
Is there any end to student demos?
Is there any end to student demos? Despite President Soeharto giving the green light for initial reforms, demonstrations continue unabated at universities across the country. Political science professor Ryaas Rasyid of the state National Institute of Administration discusses why the students have...
Wed, 06 May 1998
Indonesia, Australia and overcoming the Asian crisis (3)
Indonesia, Australia and overcoming the Asian crisis (3) This is the third of three articles based on former Australian prime minister Paul J. Keating's lecture at the University of New South Wales in March on the impact of the Asian economic crisis on the region in his capacity as visiting...
Wed, 06 May 1998
New funds considered no gauge of confidence
New funds considered no gauge of confidence JAKARTA (JP): The injection of funds from outside agencies may help soothe the country's economic hardships but it will take much more to restore badly dented confidence in the country, economists said yesterday.
Wed, 06 May 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 5, 1998: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 600 0 5,000 AHAP Insurance 500 0 0 Alter Abadi 950 -25 806,000 Alumindo Light Metal 350 0 56,000 Alumindo...
Wed, 06 May 1998
House to initiate reform through legislative action
House to initiate reform through legislative action JAKARTA (JP): The House of Representatives (DPR) made a surprising and rare decision yesterday to initiate reforms through the review of key political, economic and legal legislation.
Wed, 06 May 1998
Doc claims to have cancer beater
Doc claims to have cancer beater PADANG, West Sumatra: An expert on animal nutrition claimed yesterday that he had engineered a traditional West Sumatran food into a potential cancer preventive and cholesterol diluter.Dr. Ir.
Wed, 06 May 1998
Garuda and Pos ink deal
Garuda and Pos ink deal JAKARTA (JP): State-owned postal service company PT Pos Indonesia has agreed to use state-owned airline Garuda Indonesia to transport its postal products at home and overseas.Under the agreement signed in Bandung Monday, the postal company also encouraged its employees and...
Wed, 06 May 1998
Rains washing away the smog
Rains washing away the smog SINGAPORE (Reuters): Southeast Asia's air quality has improved in the last week as rains have doused forest fires across Indonesia, a regional tourism body said yesterday.The ASEAN National Tourism Organizations said skies over Brunei, Indonesia, Malaysia and Singapore...
Wed, 06 May 1998
Indonesian juniors book 1st wins at world tourney
Indonesian juniors book 1st wins at world tourney JAKARTA (JP): Local boys and girls clinched easy wins on the first day of the Asia/Oceania World Junior qualifying tournament at the Senayan tennis complex yesterday.
Wed, 06 May 1998
Excessive interest rate
Excessive interest rate Bank Internasional Indonesia (BII) increased interest on its loans from 19 percent to 30 percent under the housing loan (KPR) scheme. It has now further increased the rate to 50 percent.This has aggravated its customers' problems in the current economic crisis.
Wed, 06 May 1998
INACA raises airfares by 37% after fuel hike
INACA raises airfares by 37% after fuel hike JAKARTA (JP): The government has approved an Indonesian National Air Carriers Association (INACA) proposal for a 37 percent increase in airfares, following the steep hike in fuel prices.
Wed, 06 May 1998
Protests in Medan turning brutal: Military
Protests in Medan turning brutal: Military MEDAN (JP): Student demonstrations, which led to riots here Monday night, have become progressively more violent and racial in nature with increased incidents of looting and the burning of private property, a high-ranking military officer said yesterday.
Wed, 06 May 1998
Hanoi optimistic on islands' row
Hanoi optimistic on islands' row HANOI (Reuters): Communist Party General Secretary Le Kha Phieu said yesterday he believed Vietnam and China could reach a settlement over disputed islands in the South China Sea.
Wed, 06 May 1998
OPEC basket price rises
OPEC basket price rises LONDON (Reuters): The price of OPEC's basket of seven crudes rose to US$13.62 a barrel on Monday from $13.24 the previous day, the OPEC news agency said quoting the OPEC Secretariat.
Wed, 06 May 1998
Indriyani accepts delayed bonus
Indriyani accepts delayed bonus JAKARTA (JP): Indonesian weightlifter Sri Indriyani received a delayed 19th SEA Games bonus yesterday.The reward, a house worth Rp 50 million, was symbolically handed over to her by State Minister of Youth Affairs and Sports Agung Laksono.
Wed, 06 May 1998
On East Timor issue
On East Timor issue I thank John Hargreaves for his comments East Timor issue published in The Jakarta Post May 2 on my article (UN statement good deal for RI, April 25). He is correct in asserting that the UN Commission on Human Rights is not the forum to settle the East Timor question.Mr.
Wed, 06 May 1998
Drivers strike over confusion about new fares
Drivers strike over confusion about new fares JAKARTA (JP): Hundreds of Angkot public minivan drivers went on strike yesterday here and in Tangerang, apparently in confusion over the new tariffs they are allowed to charge following the government's decision to increase fuel prices by up to 71...
Wed, 06 May 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on May 5, 1998: Buying Selling Rp Rp U.S dollar 1 7,750.00 8,500.00Austrian shilling 1 587.10 703.00Australian dollar 1 4,853.90 5,422.50Belgian franc 1 207.50 230.90Canadian dollar 1 5,288.00 5,875.
Wed, 06 May 1998
Regional soil study workshop opened
Regional soil study workshop opened BOGOR, West Java: RTM Sutamihardja, special assistant to the minister of environment, yesterday opened a regional training workshop on the impacts of global soil changes.
Wed, 06 May 1998
Rp 1t allocated for labor projects
Rp 1t allocated for labor projects JAKARTA (JP): The Ministry of Manpower has allocated almost Rp 1 trillion (US$125 million) to employ jobless people in labor intensive programs in all 27 provinces.Minister of Manpower Theo L.
Wed, 06 May 1998
Keep violence at bay
Keep violence at bay Although the deepening of the feeling of popular dissatisfaction that has come in the wake of Monday's fuel price hike was more or less expected, a word of concern is appropriate at this point regarding the turn which developments appear to be taking.
Wed, 06 May 1998
Reforms are allowed
Reforms are allowed Now it is clear: there is nothing wrong with the idea that reforms are a necessity. President Soeharto himself, as stated by Minister of Home Affairs Hartono and Minister of Information Alwi Dahlan in their clarification of the President's earlier remarks, has opened the door to...
Wed, 06 May 1998
Beauty of mind, not body, begets appeal
Beauty of mind, not body, begets appealBy Yogita Tahil Ramani JAKARTA (JP): Many women would likely reject the idea that today's woman is incapable of handling everything alone.But the director of the Indonesian franchisee of The Body Shop, Suzy Hutomo, psychologist Niniek L.
Wed, 06 May 1998
PT PLN to lose $287m despite rate increase
PT PLN to lose $287m despite rate increase JAKARTA (JP): State electricity company PLN projects a loss of Rp 2.3 trillion (US$287 million) this year despite the huge increase in electricity tariffs, the company said yesterday.
Wed, 06 May 1998
RI women still facing discrimination: Scholars
RI women still facing discrimination: Scholars JAKARTA (JP): Female scholars charged yesterday that Indonesian law is still largely biased toward men and that 14 years after the country ratified the United Nations convention on women, gender discrimination is still prevalent.
Wed, 06 May 1998
IMF approves $1b credit for Indonesia
IMF approves $1b credit for Indonesia WASHINGTON (Dow Jones): The International Monetary Fund approved Monday a US$1 billion credit to Indonesia, thereby opening the door to the release of $7 billion more in lending and bilateral aid and trade financing, a top fund official said.
Wed, 06 May 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film: White Lies 3:05 Family's Film: Road to Avonlea 4:00 Regional News 4:30 Teen Program: Remaja Indonesia 5:00 Teen Drama: Nyanyian Hati 5:30 Education Quiz: Cepat Tepat 6:05 My Country: Rona Nusantara 6:15 Sports 6:30 TVRI News...
Wed, 06 May 1998
RI confident ahead of Thomas, Uber Cups
RI confident ahead of Thomas, Uber Cups JAKARTA (JP): The Indonesian teams are convinced they are ready to retain the Thomas Cup and Uber Cup badminton championships in Hong Kong from May 15 to May 24.Barcelona Olympics gold medalist Susi Susanti, the women's first single player, said that this...
Wed, 06 May 1998
Three top forestry officials replaced
Three top forestry officials replaced JAKARTA (JP): Minister of Forestry and Plantations Sumahadi has replaced three of the seven officials in the ministry's top echelon.Sumahadi installed yesterday Soebagjo Hadisepoetro as director general of inventory and forest land use, the position he vacated...
Wed, 06 May 1998
Most people against sticker system: Poll
Most people against sticker system: Poll JAKARTA (JP): A poll held by the Indonesian Consumers Foundation (YLKI) last week on the city administration's plan to implement the traffic sticker system showed that the vast majority of people opposed it.
Tue, 05 May 1998
Workers want union leaders to step down
Workers want union leaders to step down JAKARTA (JP): More than 200 workers and labor activists staged a protest at the headquarters of the All-Indonesia Workers Union Federation (FSPSI), demanding an increase in the minimum wage, the resignation of the federation's leaders and lower prices for...
Tue, 05 May 1998
Two officers detained in garlic scam: Source
Two officers detained in garlic scam: Source JAKARTA (JP): Two police officers have been detained for possible involvement in the alleged sale of more than seven tons of garlic earmarked as material evidence in court, a police source said yesterday.
Tue, 05 May 1998
A word of warning
A word of warning Student demonstrations on campuses have caught the public's attention both domestically and abroad.Many people in the country sympathize with students' feelings toward the high cost of living as, after all, most of us are in the same boat.
Tue, 05 May 1998
Media chided over sticker reports
Media chided over sticker reports JAKARTA (JP): Governor Sutiyoso accused the media yesterday of "unbalanced reporting" which has led to the public rejection of the planned traffic sticker system.He said media reports on the controversial plan -- aimed at easing traffic congestion on Jl. Jend.
Tue, 05 May 1998
11 activists jailed for ignoring police order
11 activists jailed for ignoring police order JAKARTA (JP): Eleven supporters of government critic Megawati Soekarnoputri were sentenced to two months and 23 days for ignoring a police order during a Feb. 11 demonstration.
Tue, 05 May 1998
50 students and officers injured in scuffles
50 students and officers injured in scuffles JAKARTA (JP): More than 50 student demonstrators and security personnel were injured in scuffles yesterday in Palu, Central Sulawesi, Medan, North Sumatra, and Bandung, West Java.
Tue, 05 May 1998
Soeharto pledges no more monopoly of clove trading
Soeharto pledges no more monopoly of clove trading JAKARTA (JP): President Soeharto promised yesterday a new agency would not be formed to take over the clove monopoly of the soon-to-be-disbanded Clove Marketing and Buffer Stock Agency (BPPC)."There are concerns that BPPC will form a new agency ...
Tue, 05 May 1998
War-era artillery shell kills six
War-era artillery shell kills six HANOI (AP): An artillery shell from the Vietnam War killed six people and injured three others in the Mekong Delta province of Tien Giang, local press reports said yesterday.
Tue, 05 May 1998
Where to go in Bandung:
Where to go in Bandung:Exhibitions * Photo exhibition: Asiatica, at Savoy Homann, Panghegar Heritage Hotel, Jl. Asia Afrika No. 112 (Phone: 022 432244), 3 p.m. to 9 p.m., until May 9. * Art exhibition: Recent Works - Made in Indonesia, by Susanna Samanek, at Galeripadi Jl. Ir. H.
Tue, 05 May 1998
SE Asian currencies edge higher against dollar
SE Asian currencies edge higher against dollar SINGAPORE (Dow Jones): Southeast Asian currencies edged at touch higher against the U.S. dollar during thin Asian trading yesterday.With many traders returning to their desks after a long weekend, and markets in Tokyo and London closed for public...
Tue, 05 May 1998
Japan to give SE Asia new aid
Japan to give SE Asia new aid SINGAPORE (AP): Trying to reassure Japan's neighbors that it will help lead them out of economic turmoil, Japanese Foreign Minister Keizo Obuchi said yesterday his government is considering an additional US$20 million in aid to Southeast Asia.
Tue, 05 May 1998
Three injured in Tanah Abang fresh clash
Three injured in Tanah Abang fresh clash JAKARTA (JP): A clash between two groups of residents rocked Kebon Melati subdistrict, Tanah Abang, Central Jakarta, yesterday, leaving three people severely injured.The fracas erupted at about 9 a.m.
Tue, 05 May 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 4, 1998: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 600 0 0 AHAP Insurance 500 0 0 Alter Abadi 975 0 264,000 Alumindo Light Metal 350 -25 77,000 Alumindo...
Tue, 05 May 1998
Soemitro still in critical condition
Soemitro still in critical condition JAKARTA (JP): The former chief of defunct internal security agency Pangkopkamtib, Gen. (ret) Soemitro, was still unconscious and in critical condition last night after suffering a stroke Friday."Father is still in a critical condition...