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Wed, 27 Jan 1999
Asian monies boosted by Zhu's statement
Asian monies boosted by Zhu's statement SINGAPORE (Dow Jones): Southeast Asian currencies snapped back from Monday's lows in Asian trading on Tuesday, regaining most of the previous day's losses after Chinese Premier Zhu Rongji quashed market fears China was about to devalue its currency.
Wed, 27 Jan 1999
Six wounded during intervillage brawl
Six wounded during intervillage brawl PEMALANG, Central Java: Security forces firing into a mob during a fight between residents from two villages in Central Java wounded six people.Hundreds of residents of the Sugihwaras and Widuri villages in Pemalang were involved in clashes on Saturday, and...
Wed, 27 Jan 1999
Low-cost apartment project abandoned
Low-cost apartment project abandoned TANGERANG (JP): The development of low-cost apartments for factory workers in the Jatiuwung industrial district here has come to a halt because of the prolonged economic crisis, an official said on Monday.
Wed, 27 Jan 1999
Put prices back to regular level
Put prices back to regular levelFrom NeracaAs usual, basic food commodities have become more expensive because prices of agricultural produce are subject to supply and demand.This year, the price of a chicken went up to Rp 30,000 and chilies reached Rp 25,000 per kg.
Wed, 27 Jan 1999
TV Program: Wednesday, Jan. 27, 1999
TV Program: Wednesday, Jan. 27, 1999TVRI 5:30 a.m. Religious Teachings: Hikmah Pagi 6:00 Morning News 7:00 Children's Program: Lagu Anak Nusantara 7:30 TV Series 8:30 Tour and Travel 9:00 Music: Hiburan Keluarga 10:00 Interval 2:00 p.m.
Wed, 27 Jan 1999
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 26, 1999: --------------------------------------------------------- Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 350 25 43,000 AHAP Insurance 400 0 0 Alter Abadi...
Wed, 27 Jan 1999
Hotel Borobudur enters new era
Hotel Borobudur enters new era JAKARTA (JP): The transformed Hotel Borobudur Jakarta entered a new era on Tuesday when the infant Discovery Hotels & Resorts officially replaced Inter-Continental Hotels & Resorts as manager of the five-star hotel.
Wed, 27 Jan 1999
Int'l auditors get bitter welcome
Int'l auditors get bitter welcomeBy Andy Budiman JAKARTA (JP): International auditors assigned by Bank Indonesia (BI) and the Indonesian Bank Restructuring Agency (IBRA) to carry out the due diligence of banks in the country have been assailed with so many unkind remarks.
Wed, 27 Jan 1999
Bank PDFCI to become export funding agency
Bank PDFCI to become export funding agency JAKARTA (JP): Minister of Trade and Industry Rahardi Ramelan has confirmed that Bank PDFCI, one of the private banks nationalized last year, will be transformed into a government- sponsored export financing agency.
Wed, 27 Jan 1999
Railroad rails from Austria
Railroad rails from Austria JAKARTA (JP): Some 300 kilometers of railroad rails from Austria will arrive soon for installation in South Sumatra, Anwar Suprijadi, secretary general of the communications ministry, said on Tuesday.
Wed, 27 Jan 1999
Students deny planning major protest rallies
Students deny planning major protest rallies JAKARTA (JP): Jakarta students grouped in the City Forum (Forkot) and Salemba Forum (Forsal) have strongly denied rumors that they plan to stage massive anti-government street rallies over a three-day period starting on Wednesday.
Wed, 27 Jan 1999
Witness recognizes one defendants in kidnapping case
Witness recognizes one defendants in kidnapping case JAKARTA (JP): A member of the East Jakarta Military Command told a military tribunal on Tuesday that he believed he recognized one of the 11 Army Special Forces (Kopassus) soldiers on trial as one of the kidnappers of three activists.
Wed, 27 Jan 1999
Man shot dead by group of armed men
Man shot dead by group of armed men DILI, East Timor: A Carabau villager in the Bonobaro regency was shot dead in the village of Wababa, Covalima, by a group of armed men on Sunday.Fernando Cardoso, 25, and his two friends were riding on a motorbike from Carabau to Covalima when they spotted a red...
Wed, 27 Jan 1999
40-year-old minivan driver commits suicide
40-year-old minivan driver commits suicide JAKARTA (JP): After three failed attempts to commit suicide, 40-year-old minivan driver Junaedi was finally found dead on Tuesday hanging from the rail of a double bunk bed at a relative's house in South Jakarta.
Wed, 27 Jan 1999
Effective education calls for critical, intellectual teachers
Effective education calls for critical, intellectual teachersBy Mochtar Buchori JAKARTA (JP): Joko Kusmanto's article in the Jan. 9 edition of The Jakarta Post stirred ambivalent feelings in me. On the one hand, I completely agree with his vision that our teachers should become "critical and...
Wed, 27 Jan 1999
Businessmen call for restoration of order, security
Businessmen call for restoration of order, security JAKARTA (JP): The Indonesian business community urged President B.J. Habibie on Tuesday to immediately restore order and security in the country as a prerequisite for businesses to resume normal operations.
Wed, 27 Jan 1999
'Comfort women' seek compensation
'Comfort women' seek compensation JAKARTA (JP): About 300 former soldiers, workers and sex slaves who worked for the Japanese occupation forces during World War II tried again on Tuesday to press the Japanese government for compensation and unpaid wages.
Wed, 27 Jan 1999
Col. Soenarko gets new posting
Col. Soenarko gets new posting JAKARTA (JP): City police chief Maj. Gen. Noegroho Djajoesman installed Col. Soenarko D.A. on Monday as the new chief of the center of operations and control, replacing Col. Faizal Arwien.
Wed, 27 Jan 1999
Wiranto says ABRI is having 'credibility test'
Wiranto says ABRI is having 'credibility test' JAKARTA (JP): Minister of Defense and Security/Armed Forces (ABRI) Commander Gen. Wiranto has acknowledged that prolonged social unrest in parts of the country has put the Armed Forces' credibility at stake.
Wed, 27 Jan 1999
Kadin suggests 10% export tax on CPO
Kadin suggests 10% export tax on CPO JAKARTA (JP): A planned cut of the export tax imposed on crude palm oil (CPO) and its by-products would not be enough to help farmers and plantation companies cope with the current economic crisis, the Indonesian Chamber of Commerce and Industry (Kadin) said on...
Wed, 27 Jan 1999
Army kills rebels in the Philippines
Army kills rebels in the Philippines COTABATO, Philippines (AFP): At least six rebels were killed in fierce fighting on Tuesday as 2,000 soldiers launched a ground assault on a southern separatist training base, Philippine officials said.
Wed, 27 Jan 1999
More trouble ahead
More trouble ahead Law and order is irretrievably breaking down in Indonesia. Even the most casual observer of the Indonesian scene will agree that there has not been a time like this when the slightest provocation is enough for wanton destruction and bloodshed.
Wed, 27 Jan 1999
Garuda eyes $31m in profits this year
Garuda eyes $31m in profits this year JAKARTA (JP): National flagship carrier Garuda Indonesia said on Tuesday it expects Rp 280 billion (US$31 million) in net profit this year, a drastic rise from the estimated Rp 400 billion net loss incurred last year.
Wed, 27 Jan 1999
Singapore group to shell stake in Indorayon
Singapore group to shell stake in Indorayon JAKARTA (JP): Shareholders of the Singapore-registered Asia Pacific Resources International Holdings Ltd. (APRIL) have voted to divest the group's 62 percent stake in the publicly listed pulp and rayon producer PT Inti Indorayon Utama.
Wed, 27 Jan 1999
Tin plate dumped here
Tin plate dumped here JAKARTA (JP): The finance minister has imposed countervailing duties ranging from 5 to 68 percent on tin plates from Australia, South Korea and Taiwan.The minister, by decree No.23/1999 dated Jan.
Wed, 27 Jan 1999
Domestic airfares raised after polls
Domestic airfares raised after polls JAKARTA (JP): The Indonesian National Air Carriers Association (INACA) plans to raise domestic airfares after the general election in June to adjust to increasing operational costs that have been driven up by a weakening rupiah.
Wed, 27 Jan 1999
Amien warns against great economic hopes
Amien warns against great economic hopes SINGAPORE (Dow Jones): Indonesian opposition leader Amien Rais warned Tuesday against inflated economic expectations if a "clean and grand coalition" government replaces the current government in elections slated for June.
Wed, 27 Jan 1999
Gus Dur meets with Soeharto
Gus Dur meets with Soeharto JAKARTA (JP): Muslim leader Abdurrahman Wahid visited former president Soeharto at the latter's residence on Jl. Cendana in Central Jakarta on Tuesday afternoon for a belated Idul Fitri get-together.
Wed, 27 Jan 1999
'Stop violence against women migrant workers'
'Stop violence against women migrant workers' JAKARTA (JP): State Minister of Women's Affairs Tutty Alawiyah said on Monday that she regretted violence toward migrant workers, particularly women, and said it must be stopped.
Wed, 27 Jan 1999
Flooding in Ende claims two lives
Flooding in Ende claims two lives MAUMERE, East Nusa Tenggara: Three-days of heavy rains that began last Wednesday caused flooding in the Detusoko and Maurole districts of Ende, claiming two lives.As of Monday, dozens of bridges and hundreds of hectares of fields were still underwater.
Wed, 27 Jan 1999
Deal struck on civil servants
Deal struck on civil servants JAKARTA (JP): The House of Representatives and the government struck an eleventh hour agreement on Tuesday over the question of civil servants' political rights, as pressures mounted to finalize the new legislation for the June general election.
Wed, 27 Jan 1999
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Jan. 26, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 9,025.00 9,175.00 9,025.00 9,225.00 Australian dollar 1 5,589.30 5,821.75 5,558.00 5,858.00 Austrian schilling 1 758.13 774.54 - - Belgian franc 1 258.
Wed, 27 Jan 1999
Urgent action needed
Urgent action needed Notwithstanding the buoyant first reactions to Sunday's meeting between Armed Forces Commander Gen. Wiranto and a number of religious, political and community leaders known as the "Ciganjur-plus" group, one should not be surprised that many people remain skeptical about that...
Wed, 27 Jan 1999
House remains deadlocked over military's presence
House remains deadlocked over military's presence JAKARTA (JP): Faction leaders lobbied intensively until late Tuesday night but failed to decide whether to satisfy the Armed Forces (ABRI) proposal of 38 unelected House of Representatives seats, or 15 as the United Development Party (PPP) demanded.
Wed, 27 Jan 1999
Two generals asked to testify in trial
Two generals asked to testify in trial YOGYAKARTA: Gen. (ret) M. Panggabean and Gen. (ret) M. Yusuf are obliged to testify in the trial of Soekardjo Wilardjito, a former guard of founding president Sukarno, a lawyer said on Tuesday.
Wed, 27 Jan 1999
ARCO says PLN is after all a good customer
ARCO says PLN is after all a good customer JAKARTA (JP): The president of Atlantic Richfield Indonesia Inc. (ARII), Leon Codron, has termed state electricity company PT PLN a good customer despite the latter's failure to meet its financial obligations.
Wed, 27 Jan 1999
It's 'only a brick' at 'RRI'
It's 'only a brick' at 'RRI' JAKARTA (JP): The National Police bomb squad revealed Tuesday that the object originally believed to have been an explosive device at the state-run Radio Republik Indonesia (RRI) building in Central Jakarta was "merely a brick", an officer has said.
Wed, 27 Jan 1999
Local financial market perks up as yuan fears abate
Local financial market perks up as yuan fears abate JAKARTA (JP): The local financial market regained some of its recent losses on Tuesday, calmed after tremors subsided from a rumored devaluation of the Chinese yuan.The rupiah strengthened to close at 9,100 against the U.S.
Wed, 27 Jan 1999
Pertamina faces land seizure
Pertamina faces land seizure TANGERANG (JP): Tangerang property tax office has threatened to seize a 33.2 hectare plot of land belonging to state oil and gas company Pertamina in Pondok Cabe Udik, Pamulang, if the firm fails to pay tax arrears of Rp 6.
Wed, 27 Jan 1999
Fresh report add to Maluku's riot toll
Fresh report add to Maluku's riot toll JAKARTA (JP): At least 12 died in an additional clash in Ambon, Antara reported Tuesday. The agency said a military vehicle from Ambon traveled to the village of Benteng Karang last week to bury 12 people, including a number of women and children, who were...
Wed, 27 Jan 1999
Official warns of dengue fever threat
Official warns of dengue fever threat JAKARTA (JP): The irregular rainfall this wet season will pose the danger of a dengue fever epidemic in the capital, a health official said Tuesday.Aslan Lasman, head of the city health agency, said the number of victims would be comparable to last year, in...
Wed, 27 Jan 1999
Four soldiers admit to torturing detainees
Four soldiers admit to torturing detainees JAKARTA (JP): Four defendants in a court-martial in Banda Aceh on Tuesday admitted to having tortured detainees and causing the deaths of four of them.Their confessions were heard in the second session of the trial, D&R reported Tuesday from Banda Aceh.
Wed, 27 Jan 1999
Monas cafe owners seek return of levies
Monas cafe owners seek return of levies JAKARTA (JP): Owners of street cafes located in National Monument (Monas) Park in Central Jakarta which were looted and damaged by security guards last week want the site operator to return their levies and security fees immediately.
Wed, 27 Jan 1999
House members' severance pay
House members' severance payFrom MerdekaI was horrified after reading a report that House of Representatives (DPR) members will receive severance pay of Rp 200 million because their term, originally to last until 2002, will be cut short. They will also receive retirement pay calculated until 2002.
Wed, 27 Jan 1999
Armed gangs hijack cars, victims unhurt
Armed gangs hijack cars, victims unhurt JAKARTA (JP): Gangs of armed men hijacked vehicles driven by two lone motorists in South Jakarta then abandoned their victims on the Jagorawi toll road between Jakarta and Bogor in separate incidents on Monday night.
Wed, 27 Jan 1999
Mitsubishi's Asia car for RI
Mitsubishi's Asia car for RI TOKYO (Dow Jones): Mitsubishi Motors Corp. will introduce its Asia car in Indonesia as early as this spring, the company's president, Katsuhiko Kawasoe, said at an Osaka news conference Monday, the Nihon Keizai Shimbun reported in its Tuesday morning edition.
Wed, 27 Jan 1999
Dharmala Sakti taken to bankruptcy court
Dharmala Sakti taken to bankruptcy court JAKARTA (JP): PT Hanil Bakrie Finance, a multifinance arm of widely diversified Bakrie & Brothers, lodged a bankruptcy petition against publicly listed PT Dharmala Sakti Sejahtera at the Jakarta Commercial Court on Tuesday.
Wed, 27 Jan 1999
Jakarta's backpackers paradise no longer so Edenic
Jakarta's backpackers paradise no longer so EdenicBy Juliane Gunardono JAKARTA (JP): "Hello Mister, need a room, some food, a cold drink?" This was how foreign tourists on Jalan Jaksa, the center for backpackers in Jakarta, used to be greeted.
Wed, 27 Jan 1999
Calm returns to Asian stock markets
Calm returns to Asian stock markets HONG KONG (AFP): Calm returned to jittery Asian stock markets Tuesday after China delivered soothing assurances it was committed to upholding the value of its yuan currency.Hong Kong and Kuala Lumpur indices ended barely higher, but Tokyo gained 1.
Wed, 27 Jan 1999
Permana new customs chief
Permana new customs chief JAKARTA (JP): The Indonesian Importers Association welcomed yesterday the appointment of Permana Agung as the new director general of customs and excise duty. Permana will replace Martiono Hadianto, who has been installed as the president of Pertamina oil company.