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Sat, 14 Mar 1998
Regent to probe misuse of wages
Regent to probe misuse of wages TANGERANG (JP): Regent Saifullah AR promised yesterday to look into reports that a subdistrict chief had embezzled money from the wages of laborers taking part in a government-sponsored project.
Sat, 14 Mar 1998
Our careers are on the line, say Bouraq pilots
Our careers are on the line, say Bouraq pilots JAKARTA (JP): The careers of 14 suspended Bouraq Airlines pilots hang in the balance because they cannot extend their flying licenses, the group said here yesterday.
Sat, 14 Mar 1998
TV media firms allowed to go public
TV media firms allowed to go public JAKARTA (JP): The Ministry of Information has given approval to three television and multimedia companies to sell their shares to the public, a company executive said yesterday.
Sat, 14 Mar 1998
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on March 13, 1998: Buying Selling Rp Rp U.S dollar 1 9,500.00 11,500.00Austrian shilling 1 681.10 898.10Australian dollar 1 6,097.00 7,514.70Belgian franc 1 240.50 295.30Canadian dollar 1 6,440.
Sat, 14 Mar 1998
KL asks RI for help to send home illegals
KL asks RI for help to send home illegals KUALA LUMPUR (DPA): Malaysia yesterday urged Indonesia to send navy ships to take home about 17,000 of its nationals who entered the country illegally, saying Jakarta shared the burden of repatriating them home.
Sat, 14 Mar 1998
Thai sugar firm hangs RI investment
Thai sugar firm hangs RI investment SUPHAN BURI, Thailand (Reuters): Thailand's major sugar group Mitr Phol Sugar Corp said yesterday it had decided to suspend investment in a sugar mill in troubled Indonesia.
Sat, 14 Mar 1998
B.J. Habibie moves into Merdeka Selatan Palace
B.J. Habibie moves into Merdeka Selatan Palace JAKARTA (JP): B.J. Habibie had a light first day in his new office at Merdeka Selatan Palace yesterday, receiving a foreign dignitary and learning official protocol.
Sat, 14 Mar 1998
Automotive holiday
Automotive holiday The car industry is not the only one feeling the heat as the economy continues its downward slide. Due to the increasing costs associated with newspaper production, pages are again being trimmed from The Jakarta Post, and the Automotive Post has become a casualty.
Sat, 14 Mar 1998
IMF vs CBS
IMF vs CBS In exact science, 2+2=4 and no one will argue about its correctness. But we cannot say the same thing about economics. It is said economics is a dismal science and that it is actually common knowledge made difficult.
Sat, 14 Mar 1998
Ananda records fastest time
Ananda records fastest time JAKARTA (JP): Indonesian rising Formula III racing star Ananda Mikola scored the fastest time in two tests during practice at the Magione circuit in Italy, Thursday.In the first test of 40 laps, Ananda, driving the Dallara 398, recorded a time of 1:33.
Sat, 14 Mar 1998
Charges to be laid in soccer scam
Charges to be laid in soccer scam JAKARTA (JP): At least three of the 15 witnesses who have been questioned in connection with an alleged soccer match-fixing and bribery scam will be named suspects, police said yesterday.City police spokesman Lt. Col. E.
Sat, 14 Mar 1998
Hashimoto on tough mission to Indonesia
Hashimoto on tough mission to Indonesia TOKYO (AFP): Japanese Prime Minister Ryutaro Hashimoto prepared yesterday for a tough but critical mission -- persuading Indonesian President Soeharto to bow to IMF demands for economic reform.
Sat, 14 Mar 1998
Soeharto unveils cabinet today
Soeharto unveils cabinet today JAKARTA (JP): President Soeharto is expected to announce the lineup of the new cabinet this morning, a presidential household official said yesterday.M. Basyuni told reporters that the new ministers would be inducted by the President at the State Palace on Monday.
Sat, 14 Mar 1998
Keepers struggle to contain animals
Keepers struggle to contain animals PASURUAN, East Java: Keepers at the Prigen Safari Park are being kept extra busy keeping the 1,000 animals inside the park as more than 500 meters of barbed wire and fences surrounding it have been stolen in the past two months.
Sat, 14 Mar 1998
Aceh people donate gold again
Aceh people donate gold again JAKARTA (JP): The people of Aceh province once again displayed their high sense of altruism yesterday when they donated 60 kilograms of gold and 1,900 items of jewelry to the nation.
Sat, 14 Mar 1998
Bimantara denies monopoly allegation
Bimantara denies monopoly allegation JAKARTA (JP): PT Bimantara Cakra Nusa, the automotive division of the diversified Bimantara Group has denied reports that it would monopolize the import of public transportation auto components subsidized by the government.Company president director Jongkie D.
Sat, 14 Mar 1998
Stocks, rupiah up on growing optimism
Stocks, rupiah up on growing optimism JAKARTA (JP): Stock prices on the Jakarta Stock Exchange (JSX) rose 1.7 percent yesterday on growing market speculation that the government would soon peg the rupiah to the U.S. dollar at a fixed rate, stockbrokers said.
Sat, 14 Mar 1998
International phone rates raised by 25%, ministry says
International phone rates raised by 25%, ministry says JAKARTA (JP): The Ministry of Tourism, Post and Telecommunications announced yesterday a 25 percent increase in international telephone call rates due to the depreciation of the rupiah against the U.S. dollar.
Sat, 14 Mar 1998
Utut still in second place
Utut still in second place JAKARTA (JP): Indonesian Grandmaster Utut Adianto is still in second place in the Grandmasters Championship in Calicut, India on Thursday.Utut defeated International Master Ravi Lanka of India in the 48th move of the Dutch opening. The match lasted five hours 20 minutes.
Sat, 14 Mar 1998
Indonesian workers face execution in Saudi Arabia
Indonesian workers face execution in Saudi Arabia JAKARTA (JP): Two Indonesian migrant workers in Saudi Arabia may face the death penalty if found guilty of murder.The Ministry of Manpower's director general of labor placement, Jack Iskandarsyah, said that Dimiyati Usro and another unnamed...
Sat, 14 Mar 1998
Angry Agung in acid attack
Angry Agung in acid attack CILACAP, Central Java: In a jealous fit, Agung Guritno, 37, doused his fiance's face with acid causing severe burns and partial blindness.Agung admitted to police yesterday afternoon that he was jealous after hearing that Kanti Sriastuti, 32, had gone out one evening with...
Sat, 14 Mar 1998
Confidence building seen as top priority
Confidence building seen as top priority JAKARTA (JP): The biggest challenge for the new cabinet ministers will be to restore both domestic and international confidence in the country's economy, outgoing Minister of Industry and Trade Tunky Ariwibowo said yesterday.
Sat, 14 Mar 1998
Games fund-raising a lesson for ministry
Games fund-raising a lesson for ministry JAKARTA (JP): The mismanagement of fund-raising revenue for the 19th SEA Games has proven to be a lesson for the Ministry of Social Services in that it needs to be more careful in issuing decrees.
Sat, 14 Mar 1998
Singapore awaits response to Indonesian L/C scheme
Singapore awaits response to Indonesian L/C scheme SINGAPORE (Reuters): Singapore said yesterday it was awaiting responses from other countries before going ahead with its plan for trade financing guarantees for Indonesia.
Sat, 14 Mar 1998
Human impact of triple-tier system surfaces
Human impact of triple-tier system surfaces JAKARTA (JP): About 3,263 families and 1,278 houses will be affected by construction of the first stage of the triple-tier transit system, an environmental consultant said yesterday.
Sat, 14 Mar 1998
Japan plans rice aid to RI
Japan plans rice aid to RI TOKYO (Reuters): Japan has not yet agreed on details of its food aid to Indonesia ahead of Prime Minister Ryutaro Hashimoto's trip to Jakarta this weekend, an official at the Foreign Ministry said yesterday.
Sat, 14 Mar 1998
DGS poised to perform well despite crisis
DGS poised to perform well despite crisis JAKARTA (JP): Indonesia's only locally listed fishing company, PT Daya Guna Samudera (DGS), will perform well despite the monetary crisis due to its strong export earnings, a joint venture security company has reported.
Sat, 14 Mar 1998
Freeport copper expansion not good news: Analysts
Freeport copper expansion not good news: Analysts LONDON (Reuters): Plans by Freeport McMoRan Copper & Gold Inc to increase its Indonesian mine's copper output by 43 percent did not bode well for the price of the metal, analysts said on Thursday.
Sat, 14 Mar 1998
Cathay offers free night
Cathay offers free night JAKARTA (JP): Hong Kong's Cathay Pacific has announced a new promotion drive offering passengers a free night in leading hotels when they stopover in Hong Kong.The company said here yesterday that passengers would be given a free night of accommodation in Hong Kong when...
Sat, 14 Mar 1998
BI urged to favor credit lines over market operations
BI urged to favor credit lines over market operations JAKARTA (JP): Bank Indonesia (BI) should direct more liquidity to productive sectors through credit lines to reduce inflation and bank interest rates, economist Nyoman Moena said.
Sat, 14 Mar 1998
Arrested playwright, activists sue police
Arrested playwright, activists sue police JAKARTA (JP): The Indonesian Legal Aid and Human Rights Association (PBHI) has filed a pre-trial lawsuit against the police over the arrest of the playwright Ratna Sarumpaet and eight other activists last Tuesday.
Sat, 14 Mar 1998
Bank Danamon responds
Bank Danamon responds Bank Danamon would like to extend an apology to Mr. Michael Stewart Knight, a Prima dollar account holder at our Melawai branch, who wrote a complaint published in the "Your Letters" section of the March 11 edition of The Jakarta Post.
Sat, 14 Mar 1998
Nicholson's latest film now playing at theaters
Nicholson's latest film now playing at theaters JAKARTA (JP): This is the time in the week to excuse yourself from the humdrum daily routine.Movie ticket prices may have increased by an average of 20 percent, but taking in an hour or two of celluloid is still much cheaper than a night out at a bar...
Sat, 14 Mar 1998
Police round up 46 without ID cards
Police round up 46 without ID cards JAKARTA (JP): Police and government officials in Tangerang netted 46 people, who had hit the streets without ID cards, in an operation early Thursday.Tangerang Police chief Lt. Col.
Sat, 14 Mar 1998
Nobody wants a revolution
Nobody wants a revolution No doubt many people overseas, when they read about Indonesia, believe that this nation is headed toward a "violent upheaval". Let us lay aside the sensationalist headlines for a while and take a realistic look at our present situation.
Sat, 14 Mar 1998
Two suspected robbers shot dead by policemen
Two suspected robbers shot dead by policemen JAKARTA (JP): Police have shot dead two alleged robbers for resisting arrest in the Pamulang district of Tangerang, West Java, and Pademangan in North Jakarta.The victims were identified as Sutopo and Lias, respectively.South Jakarta Police chief Lt. Col.
Sat, 14 Mar 1998
350 suspected illegals netted
350 suspected illegals netted SINGAPORE (AP): In the latest operation against illegal immigrants from crisis-stricken Southeast Asian countries, Singapore police arrested some 350 suspected immigrants in an overnight raid.
Sat, 14 Mar 1998
Six students go on hunger strike
Six students go on hunger strike SALATIGA, Central Java: Six students from the state-run Islamic Institute (STAIN) here began a hunger strike yesterday to protest the soaring prices of basis essentials.The protesting students stayed inside "a tent of concern" set up on their campus.
Sat, 14 Mar 1998
Harmoko says Golkar open to people's aspirations
Harmoko says Golkar open to people's aspirations JAKARTA (JP): Golkar chairman Harmoko said yesterday the political organization would be ready to listen and hold dialogs with any party willing to contribute opinions to help resolve the monetary crisis.
Sat, 14 Mar 1998
Japan shares lead regional gains
Japan shares lead regional gains TOKYO (AFP): Japanese share prices led regional gains yesterday with a rally balancing losses earlier in the week, amid reports that the government would continue efforts to prop up the economy, dealers said.Hong Kong shares were 1.
Sat, 14 Mar 1998
U.S., following IMF, hints at flexibility on Indonesia
U.S., following IMF, hints at flexibility on Indonesia WASHINGTON (AFP): The United States, following the lead of the IMF, on Thursday expressed flexibility toward Indonesia and said it wanted to "engage constructively" in the country's economic recovery.
Sat, 14 Mar 1998
Budihardjo to be a deputy governor
Budihardjo to be a deputy governor JAKARTA (JP): Budihardjo Sukmadi, head of the city's Development Planning Board (Bappeda), is expected to be promoted to deputy governor for development affairs, replacing TB.M. Rais who has served the city for more than 30 years.
Sat, 14 Mar 1998
Asia currencies stuck on Indonesia, baht shines
Asia currencies stuck on Indonesia, baht shines SINGAPORE (Reuters): Asian currencies were mostly steady yesterday as activity wound down ahead of an event-filled weekend in Indonesia.Dealers said trade was subdued as the market awaited the formation of Indonesia's new cabinet on Saturday morning,...
Sat, 14 Mar 1998
HK citizen faces lawsuit
HK citizen faces lawsuit JAKARTA (JP): The Ministry of Justice's directorate general of immigration will file suit against a Hong Kong citizen for illegally obtaining Indonesian citizenship, an official said.
Sat, 14 Mar 1998
Japan pulls out of SE Asia
Japan pulls out of SE Asia BANGKOK: Japanese carmakers are expected to have a reduced presence in Southeast Asia as the U.S. Big Three move into the region.According to Bangkok-based Automotive Research Asia, Japanese automakers will assemble 66 percent of all vehicles produced in four Southeast...
Sat, 14 Mar 1998
Man hangs himself
Man hangs himself JAKARTA (JP): A 28-year-old man committed suicide on Thrusday by hanging himself from a jackfruit tree, raising the number of suicides in the greater Jakarta area to 12 this year.The man, Supriyono, was a resident of Tipar village, in Bogor's Cimanggis district.
Sat, 14 Mar 1998
Residents told to beware of rabies
Residents told to beware of rabies KENDARI, Southeast Sulawesi: The provincial government has warned residents to beware of rabies, which is mostly spread through bites from animals such as dogs and monkeys.
Sat, 14 Mar 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 13, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 800 0 0 AHAP Insurance 400 0 0 Alter Abadi 550 25 5,000 Alumindo Light Metal 325 0 511,000 Alumindo...
Sat, 14 Mar 1998
Fire engulfs shopping mall
Fire engulfs shopping mall PALU, Central Sulawesi: A shopping complex in Tolitoli town here was set ablaze early Thursday with six shops and five kiosks being burned down, Antara reported yesterday.No casualties were reported.
Sat, 14 Mar 1998
Morgue makes way for 5 more corpses
Morgue makes way for 5 more corpses JAKARTA (JP): Cipto Mangunkusumo General Hospital in Central Jakarta received five unidentified corpses between Wednesday afternoon and early Thursday from police, a hospital official said yesterday.