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Sat, 13 Feb 1999
More bodies found in search for drowned ferry victims
More bodies found in search for drowned ferry victims JAKARTA (JP): Rescue workers found more bodies on Friday in their search for victims from the KLM Arta Rimba which sank with 325 people on board last Sunday near the West Kalimantan coast.
Sat, 13 Feb 1999
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 12, 1999: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 350 0 0 AHAP Insurance 400 0 0 Alter Abadi 275 0 330,000 Alumindo Light Metal 325 -25 346,500...
Sat, 13 Feb 1999
Govt seeks House nod to monitor capital inflow
Govt seeks House nod to monitor capital inflow JAKARTA (JP): The government is seeking legislative approval to enhance its monitoring of capital flow into and out of the country, but states it is not backing away from its open capital account regime.
Fri, 12 Feb 1999
PSC scheme no longer obligatory: Kuntoro
PSC scheme no longer obligatory: Kuntoro JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto said on Thursday that oil and gas companies will no longer be required to adopt the production sharing contract (PSC) scheme for future oil and gas projects.
Fri, 12 Feb 1999
Ax to fall on ailing banks on Feb. 27
Ax to fall on ailing banks on Feb. 27 JAKARTA (JP): President B.J. Habibie said on Thursday that the government would close down a number of ailing banks on Feb. 27 as part of its program of cleaning up the country's crowded and weak banking industry.
Fri, 12 Feb 1999
Retired House members spoiled
Retired House members spoiledFrom Bisnis IndonesiaI agree with Laica Marzuki, a constitutional law expert of Hasanuddin University, who said the government should review the pension of members of the House of People's Representatives (DPR) because it is much higher than the pension received by...
Fri, 12 Feb 1999
Unrest hampers distribution, causes increased costs: Eva
Unrest hampers distribution, causes increased costs: Eva NUSA DUA, Bali (JP): PT Indofood Sukses Makmur expressed concerns on Thursday over increasing political and social tension in the country, saying that it could hamper distribution of the company's products.
Fri, 12 Feb 1999
Fast solution on E. Timor favored
Fast solution on E. Timor favored JAKARTA (JP): President B.J. Habibie dropped another bombshell on Thursday. He wants to see an independent East Timor by January 1 next year.The announcement came nearly two weeks after his shocking motion to grant the disputed territory independence from Indonesia...
Fri, 12 Feb 1999
Anwar alleges Mahathir wanted to 'finish me off'
Anwar alleges Mahathir wanted to 'finish me off' KUALA LUMPUR (AFP): Ousted Malaysian deputy premier Anwar Ibrahim told on Thursday of a face-to-face confrontation with Prime Minister Mahathir Mohamad, whom he accused of wanting to "finish me off.
Fri, 12 Feb 1999
Six killed as bus burst into flames
Six killed as bus burst into flames BANDARLAMPUNG, Lampung: A bus with 42 people on board collided with a truck and burst into flames at Bandardalam village, South Lampung, Wednesday morning, killing six people and injuring tens of others.
Fri, 12 Feb 1999
City to get tough on prostitutes
City to get tough on prostitutes JAKARTA (JP): The city administration is determined to continue its efforts to clean up the illegal operation of prostitutes and miscreants on the city's streets, despite the resistance to its operations, an officer said.
Fri, 12 Feb 1999
PC market in Asia back to pre-crisis golden age
PC market in Asia back to pre-crisis golden age SINGAPORE (AFP): Asia's market for personal computers (PCs) returned to pre-crisis levels in the last quarter of 1998, boosting hopes of a rebound in the regional market this year, a research firm said Thursday.
Fri, 12 Feb 1999
Goverment says no threat from World Bank
Goverment says no threat from World Bank JAKARTA (JP): The government denied reports on Thursday that the World Bank had threatened to stop funding the country's social safety net program because of the ineffective distribution system.
Fri, 12 Feb 1999
Bangladesh nears political crisis after the floods
Bangladesh nears political crisis after the floodsBy Anis Ahmed DHAKA (Reuters): Bangladesh is approaching political crisis only six months after devastating floods brought the nation to its knees, diplomats said on Wednesday.
Fri, 12 Feb 1999
RI urges tighter control on global financial system
RI urges tighter control on global financial system JAKARTA (JP): Indonesia has called for tighter control on inflows of offshore funds to avert another financial crisis in the future.Coordinating Minister for Economy, Finance and Industry Ginandjar Kartasasmita said on Wednesday that tighter...
Fri, 12 Feb 1999
People's Economy
People's Economy The controversial people's economy concept, which Minister of Cooperatives and Small Enterprises Adi Sasono has staunchly promoted since last June, has gained endorsement from the quarter considered most important for its advancement.
Fri, 12 Feb 1999
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Feb. 11, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,575.00 8,675.00 8,575.00 8,725.00Australian dollar 1 5,515.20 5,655.10 5,415.00 5,715.00Austrian schilling 1 701.65 716.79 - -Belgian franc 1 239.
Fri, 12 Feb 1999
Police vow to come down hard on unruly students
Police vow to come down hard on unruly students JAKARTA (JP): City police chief Maj. Gen. Noegroho Djajoesman warned brawling students on Thursday that the police would no longer show them mercy, but would begin to take stern measures against those caught fighting in the streets.
Fri, 12 Feb 1999
Dharmala seeks new partners
Dharmala seeks new partners JAKARTA (JP): Bank Dharmala is seeking foreign investors to help fund its recapitalization program, the bank said on Thursday."The bank has appointed Hong Kong Shanghai Bank Corporation as its financial advisor whose task is to negotiate with prospective investors,"...
Fri, 12 Feb 1999
PKB nominates Gus Dur for presidency
PKB nominates Gus Dur for presidency PURWOKERTO, Central Java (JP): The National Awakening Party (PKB) has decided to nominate Nahdlatul Ulama (NU) chairman Abdurrahman Wahid as its presidential candidate, while deputy chairman Said Agil Siradj is said to be ready to take the helm of Indonesia's...
Fri, 12 Feb 1999
CMEL buying shares in local securities firm
CMEL buying shares in local securities firm JAKARTA (JP): Caribbean-based investment consortium Capital Middle East Ltd. (CMEL) is buying up to 19 percent of shares of securities firm PT Bhakti Investama to pave the way for its expansion into the Indonesian capital market.
Fri, 12 Feb 1999
Rupiah falls slightly lower as stocks surge 1 percent
Rupiah falls slightly lower as stocks surge 1 percent JAKARTA (JP): The rupiah fell against the U.S. dollar on Thursday, closing weaker at 8,700 in thin trading while stock prices edged up 1 percent.Currency dealers said that the rupiah, which managed to advance against the greenback the previous...
Fri, 12 Feb 1999
Suwandi RI's first singles in Davis Cup
Suwandi RI's first singles in Davis Cup JAKARTA (JP): Indonesia made a last-minute change to its lineup for a Davis Cup Asia Oceania Group II match against Qatar in Doha starting Friday, naming Suwandi its first singles choice instead of Febi Widhiyanto.
Fri, 12 Feb 1999
Ali Yafie installed to head MUI
Ali Yafie installed to head MUI JAKARTA (JP): Senior scholar Ali Yafie was installed by Minister of Religious Affairs A. Malik Fadjar on Thursday as the chairman of the Indonesian Ulemas Council (MUI), replacing Hasan Basri who died last November.
Fri, 12 Feb 1999
Shoot on the spot
Shoot on the spotFrom Media IndonesiaI was startled on hearing that Minister of Defense and Security/Armed Forces (ABRI) Commander had issued an order to shoot all rioters on the spot.At a time when the people do not trust ABRI and almost hate it, why did he make the statement? I am afraid the...
Fri, 12 Feb 1999
Military must quit political arena: Observer
Military must quit political arena: Observer JAKARTA (JP): Indonesia will never become a democratic country unless the Armed Forces (ABRI) withdraws from the national political stage, an outspoken retired general said."ABRI's pullout from politics is an absolute requirement for democracy.
Fri, 12 Feb 1999
Dhaka summit for developing
Dhaka summit for developing DHAKA (AFP): Five leaders have confirmed they will attend a summit of eight developing nations in the Bangladesh capital from March 1, a foreign ministry spokesman said here on Thursday.Indonesian President B.J.
Fri, 12 Feb 1999
City to check IDs in weeklong operation
City to check IDs in weeklong operation JAKARTA (JP): The city administration will launch a week-long ID card operation in the city's five mayoralties in a bid to check whether newcomers entering the capital have adequate documents, Governor Sutiyoso said on Wednesday.
Fri, 12 Feb 1999
German-trained group to dance at GKJ
German-trained group to dance at GKJ JAKARTA (JP): The modern dance group Kreativitat Dance Indonesia will stage five pieces at the Gedung Kesenian Jakarta (GKJ) in Central Jakarta on Friday and Saturday.
Fri, 12 Feb 1999
NU holds cultural show
NU holds cultural show PURWOKERTO, Central Java: Tens of thousands of members of the Nahdlatul Ulama (NU) Muslim organizations and a large number of Chinese residents gathered here Wednesday for a cultural show organized by both groups.
Fri, 12 Feb 1999
Govt policy in handling aliens
Govt policy in handling aliensFrom Sinar PagiTelevision has recently aired reports on stay permits of aliens in Indonesia.Many among the foreign visitors are traders, contractors and so on. Not rarely does it happen that in order to facilitate matters they enter the country by illegal means.
Fri, 12 Feb 1999
Prostitutes opt for resettlement
Prostitutes opt for resettlement BOGOR (JP): Two of three prostitutes who have been regularly netted in raids against sex workers here agreed on Thursday to join the government-sponsored transmigration program, an official said.
Fri, 12 Feb 1999
Mashill to boost capital
Mashill to boost capital JAKARTA (JP): Publicly listed Bank Mashill will issue rights shares next month to partly finance its recapitalization program, the bank said on Thursday.It announced it was also seeking new investors to meet the minimum capital requirement set by Bank Indonesia.
Fri, 12 Feb 1999
Student suing ABRI chiefs over abuse
Student suing ABRI chiefs over abuse JAKARTA (JP): A female student of Indonesian Christian University (UKI) has announced that she will sue the Jakarta Military commander, the Army chief of staff and the Armed Forces commander for alleged physical abuse at the hands of soldiers.
Fri, 12 Feb 1999
70-year-old granny arrested
70-year-old granny arrested BALIKPAPAN, East Kalimantan: Balikpapan police early this week arrested a 70 year-old drug-dealing grandmother, identified as Mbah Ning, alias Sumarni, Antara said."I deeply regret it.
Fri, 12 Feb 1999
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Photo Exhibition: Pesona Nusantara, at Galeri Foto Cahya, Plaza Menteng, 2nd floor, C7-8, Jl. H.O.S. Cokroaminoto 79, Menteng (Phone: 3907623), Central Jakarta, 10 a.m. to 8 p.m., until Feb. 25.
Fri, 12 Feb 1999
Gelora denies SEAG consortium payment
Gelora denies SEAG consortium payment JAKARTA (JP): The Gelora Senayan management board denied reports that it had received payment from the 19th Southeast Asian (SEA) Games underwriting consortium, executive director Yasidi Hambali said on Thursday.
Fri, 12 Feb 1999
Politicians win court case
Politicians win court case BANGKOK (AP): Thailand's Constitutional Court ruled on Thursday that an opposition political party violated the charter by expelling 12 of its lawmakers who defected to the government.
Fri, 12 Feb 1999
Aceh and ABRI
Aceh and ABRIFrom D&RAn interview published in D&R magazine on Jan. 16 with Prof. Nazaruddin Sjamsudin, a professor at the University of Indonesia has stimulated me to respond. The article concerned the inappropriate attitude of the Armed Forces (ABRI), particularly in Aceh.
Fri, 12 Feb 1999
SE Asian monies move higher
SE Asian monies move higher SINGAPORE (Dow Jones): Southeast Asian currencies generally moved higher against the U.S. dollar on Thursday, as traders took advantage of a lackluster dollar-yen market to take profit by selling the dollar against regional currencies.
Fri, 12 Feb 1999
Retired officials told to part with official cars
Retired officials told to part with official cars JAKARTA (JP): Former officials of the North Jakarta mayoralty were reluctant to hand over 19 government cars to the office, even though they had long been retired, head of the city supplies office Dadang Ruskandar said on Wednesday.
Fri, 12 Feb 1999
Estrada to meet insurgent chief
Estrada to meet insurgent chief MANILA (AFP): A scheduled meeting between Philippine President Joseph Estrada and the head of an insurgent group will take place on "neutral ground" on the southern Philippine island of Mindanao, Estrada said on Thursday.
Fri, 12 Feb 1999
Rice production will fall short of target
Rice production will fall short of target JAKARTA (JP): State Minister of Food and Horticulture A.M. Saefuddin said on Thursday that he feared the country's unhusked rice production would not meet the set target of 52 million metric tons this year because of a longer than expected rainy season.
Fri, 12 Feb 1999
Crooks impersonate soldiers, steal van
Crooks impersonate soldiers, steal van JAKARTA (JP): Five men, three of them wearing military uniforms, stole a motorist's vehicle by pretending to conduct a morning raid on a street in East Jakarta on Thursday.
Fri, 12 Feb 1999
Officers told to quit on road to political career
Officers told to quit on road to political career JAKARTA (JP): Army Chief of Staff Gen. Subagyo Hadisiswoyo reiterated on Wednesday that members of the Armed Forces (ABRI) must end their active service or become civil servants if they wish to assume official postings outside the military.
Fri, 12 Feb 1999
Unocal drills oil in Seno
Unocal drills oil in Seno EL SEGUNDO, Calif. (Dow Jones): Unocal Corp. (UCL) said three intervals of a deepwater appraisal well in the West Seno field offshore East Kalimantan, Indonesia, is flowing at a combined rate of 19,344 barrels of oil and 18.6 million cubic feet of gas a day.
Fri, 12 Feb 1999
'I've already said my apologies': Soeharto
'I've already said my apologies': Soeharto JAKARTA (JP): In response to demands that former president Soeharto apologize for his alleged wrongdoings and be brought to trial, Soeharto himself has said a further apology was not needed as he had already given one while in power.
Fri, 12 Feb 1999
Sri Lanka to excavate alleged mass grave
Sri Lanka to excavate alleged mass grave COLOMBO (AP): Sri Lanka's government announced on Thursday it would begin excavating the site where 300 Tamil civilians believed murdered by the military may be buried, and invited human rights groups and journalists to witness the investigation.
Fri, 12 Feb 1999
Three defendants admit kidnapping
Three defendants admit kidnapping JAKARTA (JP): Three of the 11 members of the Army Special Forces (Kopassus) charged with abducting political activists in the last months of Soeharto's rule admitted on Thursday they had kidnapped some of them.Chief Sgt. Sunaryo, Chief Sgt.
Fri, 12 Feb 1999
Workers strike over fraud claims
Workers strike over fraud claims TANGERANG (JP): About 1,000 workers of shoe manufacturing company PT Mitra Kumkang Shoes went on strike here on Monday, claiming that the management has for eight years been embezzling the Jamsostek social security funds meant for workers.