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Tue, 20 Jan 1998
No agreement on Habibie's VP nomination, ABRI says
No agreement on Habibie's VP nomination, ABRI says JAKARTA (JP): The Armed Forces dismissed yesterday speculation that its faction in the People's Consultative Assembly had joined the dominant Golkar and the Regional Representatives factions to support State Minister of Research and Technology B.J.
Tue, 20 Jan 1998
Downer to visit Indonesia
Downer to visit Indonesia JAKARTA (JP): Australian Minister of Foreign Affairs and Trade Alexander Downer will add to the list of dignitaries who have visited Indonesia over the past two weeks with his scheduled Sunday arrival for a three-day visit.
Tue, 20 Jan 1998
'ANteve' sports program wins award
'ANteve' sports program wins award JAKARTA (JP): ANteve sports program Majalah Olahraga was named the best sports program yesterday at the 1997 Asian Television Awards, beating Hong Kong's Omega Tour Highlights Show and Singapore's The Sporting Life.
Tue, 20 Jan 1998
Asian palm oil prices seen mixed on Indonesia ban
Asian palm oil prices seen mixed on Indonesia ban KUALA LUMPUR (Reuters): The Asian palm oil market is likely to be mixed this week, with Indonesian prices expected to fall as supply rises due to an export ban, regional traders said.
Tue, 20 Jan 1998
Increase in Idul Fitri cards expected
Increase in Idul Fitri cards expected JAKARTA (JP): The city office of the state-owned postal service company, PT Pos Indonesia, has predicted a significant increase in demand during Idul Fitri following the government's call to limit spending during the economic crisis.
Tue, 20 Jan 1998
The importance of Ramadhan
The importance of Ramadhan Can't a man thank God that The Jakarta Post has published his three letters on religion, particularly Islam?On April 4, 1996 my letter titled Politics and Religion in Sudan appeared in the Post. Then, another letter Islamic information was published on June 18, 1997.
Tue, 20 Jan 1998
City bans 'Imlek' celebrations
City bans 'Imlek' celebrations JAKARTA (JP): The city administration has banned public celebrations of this year's Chinese New Year, Imlek, which falls on Jan. 28 in order to guard against social unrest.
Tue, 20 Jan 1998
Councilor urges direct food delivery
Councilor urges direct food delivery JAKARTA (JP): A city councilor urged the city administration yesterday to deliver much-needed staple food supplies directly to subdistricts to prevent deviations from its market operation.
Tue, 20 Jan 1998
Axing Bulog monopolies deals blow to food industry
Axing Bulog monopolies deals blow to food industry JAKARTA (JP): The elimination of the State Logistics Agency's (Bulog) monopoly in the import and distribution of wheat, wheat flour and sugar would be a big blow to food companies, analysts said yesterday.
Tue, 20 Jan 1998
Stock prices surge but rupiah falls
Stock prices surge but rupiah falls JAKARTA (JP): The rupiah descended sharply to 9,550 against the American dollar yesterday on a combination of political tensions and mounting concerns over the private sector debt, currency dealers said.
Tue, 20 Jan 1998
Four caught with 204 kg gold bullion
Four caught with 204 kg gold bullion TANGERANG (JP): Customs officers at Soekarno-Hatta International Airport have arrested four men for attempting to smuggle 204.05 kilograms of gold bullion to Singapore.
Tue, 20 Jan 1998
Private TV stations may reduce airtime
Private TV stations may reduce airtime JAKARTA (JP): Private television stations may have to reduce broadcasting airtime because advertising revenue is down due to the economic slump, said TV executives.
Tue, 20 Jan 1998
PGN to raise gas price next month
PGN to raise gas price next month JAKARTA (JP): State gas distributor Perusahaan Gas Negara (PGN) will raise the price of natural gas for industrial and other commercial buyers by 16.9 percent to an average Rp 450 (6 U.S. cents) per cubic meter starting next month, the company said yesterday.
Tue, 20 Jan 1998
KIS FM gets fit and healthy
KIS FM gets fit and healthy JAKARTA (JP): KIS FM radio station is scheduled to launch a new program today called "Fit and Healthy", a weekly talk show about nutrition and its importance.Mirawati S. Wibisono, a radio station representative, said yesterday the 15-minute program would be broadcast at...
Tue, 20 Jan 1998
Illegal workers stuck in Malaysia
Illegal workers stuck in Malaysia KUALA LUMPUR (AP): A human rights worker said more than 40,000 illegal Bangladeshis have lost jobs in the economic slump but cannot afford the repatriation fine to go home, a newspaper reported yesterday.
Tue, 20 Jan 1998
Asia wrong to raise interest rates: Economist
Asia wrong to raise interest rates: Economist HONG KONG (Reuters): Asian countries such as Thailand were mistaken in raising interest rates to fight speculators and defend their currencies, Nobel laureate and economist Merton Miller said yesterday.
Tue, 20 Jan 1998
Poodle patting in int'l relations: An Asian experience
Poodle patting in int'l relations: An Asian experience Our Asia correspondent Harvey Stockwin remembers, with affection, an Indonesian friend whom he met many years ago, and applies to today's Asian crisis the lesson which that friend taught him. This is the first of two articles.
Tue, 20 Jan 1998
SEA Games donation
SEA Games donationFrom Bisnis IndonesiaThrough its letter dated June 25, 1997, PT Telkomsel informed customers that a Rp 2,500 donation to the 19th SEA Games would be added to monthly telephone bills issued from April through October, 1997.
Tue, 20 Jan 1998
Gus Dur rushed to hospital
Gus Dur rushed to hospital JAKARTA (JP): Abdurrahman Wahid, chairman of the 30-million strong Nahdlatul Ulama (NU), was rushed to Cipto Mangunkusumo Hospital here for suspected stroke last night, his relatives said.Gus Dur, as the 57 year-old man is better known, was still unconscious at 00.50 a.m.
Tue, 20 Jan 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Children's Film: The Big Valley 3:10 Teenager's Program: Remaja Indonesia 3:35 Music: Lagu Pop Daerah 4:00 Regional News 4:30 Science and Technology Film 5:00 English Lessons 5:30 TV Drama: Pandangan Rahmat 6:05 Nusantara, The Beloved...
Tue, 20 Jan 1998
Taiwan prime minister in town
Taiwan prime minister in town JAKARTA (Reuters): Taiwan Premier Vincent Siew arrived in Indonesia yesterday for private talks about Asia's financial turmoil.Siew arrived from Singapore on a commercial flight and was kept well away from waiting journalists.
Tue, 20 Jan 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Photo Exhibition: 100 old photos from Indonesia and Singapore, at Galeri TC (Twilight Cafe), Jl. Kemang Raya No.24A South Jakarta, Sunday to Thursday, 11:30 a.m. to 12 p.m., Friday to Saturday 11:30 a.m. to 2 a.m., until Jan. 29.
Tue, 20 Jan 1998
Famine threatens E. Timor villagers
Famine threatens E. Timor villagers DILI, East Timor: As many as 7,221 villagers on Kambing Island, just off Dili regency's Atauro Island, could face food shortages due to drought, an official said here yesterday.
Tue, 20 Jan 1998
Does RI need a deposit insurance system?
Does RI need a deposit insurance system?By Sumitro This is the second of two articles on deposit insurance system based on the United States' experience. SINGAPORE (JP): What happens when an insured bank fails?The United States' Federal Deposit Insurance Corporation (FDIC) uses one of three...
Tue, 20 Jan 1998
Hand over that fistful of dollars
Hand over that fistful of dollarsFrom Bisnis IndonesiaExporters, businesspeople and individuals tend to keep their dollars instead of converting them into our legal tender, the rupiah. It has resulted in the scarcity of dollars in the money market, thus pushing the fall of the rupiah's exchange...
Tue, 20 Jan 1998
BII and BDNI pioneer private banking reform
BII and BDNI pioneer private banking reform JAKARTA (JP): Two of Indonesia's largest private banks have initiated a much-awaited bank reform with the biggest-ever merger in the private sector, creating a bank with Rp 50 trillion (US$5.55 billion) in assets.
Tue, 20 Jan 1998
PGN workers donate wages
PGN workers donate wages JAKARTA (JP): Employees of the state-owned gas distributor, PGN, have agreed to donate all or part of their January salaries to the government to help in fighting the economic crisis, the company president announced yesterday.
Tue, 20 Jan 1998
Chaebols vow to restructure
Chaebols vow to restructure SEOUL (Reuters): Three leading South Korean conglomerates, or chaebol, vowed yesterday to restructure by shelving multi-billion dollar overseas investment projects and ending a risky financing practice that often keeps weak companies in operation.
Tue, 20 Jan 1998
Taming Western media on E. Timor
Taming Western media on E. TimorBy Al Busyra Basnur This is the first of two articles on the link between the Western media and East Timor. JAKARTA (JP): When Dom Duarte de Braganca of Portugal visited East Timor last November, he admitted that the situation in East Timor was absolutely different...
Mon, 19 Jan 1998
Some expats cry foul over loss of their jobs
Some expats cry foul over loss of their jobsBy Eileen McBride JAKARTA (JP): Mark Jones returned from his Christmas vacation two weeks ago to find he had no car.A director of an international fast food company, he arrived in Jakarta a year ago on a two-year contract with the local company.
Mon, 19 Jan 1998
Let the rich help out now
Let the rich help out nowFrom MerdekaU.S. dollar owners, people who follow the rate of exchange between the dollar against the rupiah, and the government are eager every day to know the latest rupiah/dollar exchange rate.
Mon, 19 Jan 1998
SilkAir crash victims to be buried today
SilkAir crash victims to be buried today JAKARTA (JP): The remains of 101 victims of the SilkAir Boeing 737-300 which plunged into the Musi River, South Sumatra, last month will be given a mass burial in the provincial capital of Palembang today.The commander of the Palembang Air Force Base, Lt.
Mon, 19 Jan 1998
Hartono sets pace in race for VP: Analyst
Hartono sets pace in race for VP: Analyst JAKARTA (JP): With incumbent President Soeharto looking set to stay in power, Minister of Information R. Hartono has the greatest chance to fill the vice presidential seat, a political analyst believes.
Mon, 19 Jan 1998
USDA sees recovery in Asian farm demand
USDA sees recovery in Asian farm demand SINGAPORE (Reuters): The USDA's General Sales Manager Chris Goldthwait said farm imports by Southeast Asian countries and South Korea were expected to drop sharply short-term, but a fairly quick recovery was likely in demand for staple commodities such as...
Mon, 19 Jan 1998
U.S. gives seeds to Irian Jaya
U.S. gives seeds to Irian Jaya WAMENA, Irian Jaya: The United States has donated 76,203 tons of crop seeds to the drought-hit regency of Jayawijaya in Irian Jaya.Antara reported Thursday that the donation -- which includes the hybrid corn, red bean, potato, and carrot seed -- was handed over here...
Mon, 19 Jan 1998
Pertamina denies fuel import snags
Pertamina denies fuel import snags JAKARTA (JP): State-owned oil and gas company Pertamina has denied it is facing cash-flow problems to import fuel amid the sharp depreciation of the rupiah against the U.S. dollar."There is no such cash-flow problem.
Mon, 19 Jan 1998
Entering the free trade era
Entering the free trade era Indonesians, as members of a pluralistic society, may or may not agree with the International Monetary Fund's reform package. We are being forced to open ourselves widely to competition from other nations when we are still scarcely prepared in terms of legal framework...
Mon, 19 Jan 1998
Ginandjar Kartasasmita cautious on VP nomination
Ginandjar Kartasasmita cautious on VP nomination JAKARTA (JP): State Minister for National Development Planning Ginandjar Kartasasmita has given a cautious response to calls for him to be put forward as a vice presidential candidate by SOKSI, a labor organization affiliated to the dominant Golkar.
Mon, 19 Jan 1998
Newsprint price shrinks daily
Newsprint price shrinks daily DILI, East Timor: The monetary crisis and the resulting soaring price of newsprint has forced the local Suara Timor Timur daily to suspend publication temporarily.The daily will not appear from Jan. 27 until Feb. 2, when it will change the regularity of its publication.
Mon, 19 Jan 1998
Govt denies IMF dictated reform package content
Govt denies IMF dictated reform package content JAKARTA (JP): The government has denied accusations that it allowed the International Monetary Fund (IMF) to dictate the content of last week's economic reforms in return for the US$43 billion international rescue package.
Mon, 19 Jan 1998
Poultry ban for 6 months
Poultry ban for 6 months JAKARTA (JP): The ministry of agriculture said here Saturday that a ban on poultry imports, particularly from Hong Kong and mainland China, introduced on Jan. 1 would continue for six months.Head of the ministry's public relations department Darman B.
Mon, 19 Jan 1998
Jakarta 'to be raided' by vagrants, beggars
Jakarta 'to be raided' by vagrants, beggars JAKARTA (JP): The capital city will likely be "raided" by thousands of vagrants and beggars during the Idul Fitri festive season, an official said over the weekend.
Mon, 19 Jan 1998
Medco Energi basks in optimism despite crisis
Medco Energi basks in optimism despite crisisBy Johannes Simbolon JAKARTA (JP): The country's biggest private oil and gas company, Medco Energi Corporation, is optimistic about 1998 after making some impressive achievements last year amid the monetary crisis.
Mon, 19 Jan 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Cartoon Film: The Big Valley 3:10 TV Drama: Saat-Saat Bersama 3:35 Religious Teachings: Buddha 4:00 Regional News 4:30 Creative Program: Karya Tepat Guna 5:00 Indonesian Lessons 5:25 Variety Show 5:30 TV Drama: Sebagai Pembeda 6:00 News:...
Mon, 19 Jan 1998
Malaysian bankruptcies surge 14-fold
Malaysian bankruptcies surge 14-fold KUALA LUMPUR (AFP): Malaysia's economic crisis prompted a 14- fold surge in bankruptcies to 6,578 in the first 11 months of 1997, up from 439 for the same period a year earlier, a report said yesterday.
Mon, 19 Jan 1998
KL to cull foreign workers in fishing
KL to cull foreign workers in fishing KUALA LUMPUR (AP): Intensifying Malaysia's crackdown on foreign workers, the Terengganu State Fisheries Department said yesterday it will reduce the number of foreigners working on deep-sea fishing boats.
Mon, 19 Jan 1998
GRORTT seeks UN mediation
GRORTT seeks UN mediation MAUMERE, East Nusa Tenggara: A newly formed group calling itself the Movement for East Timorese Unity and Reconciliation (GRORTT) has sent a letter to the United Nations demanding an independent team be sent to judge whether it is "antiintegration" as local officials...
Mon, 19 Jan 1998
Merpati hopes to earn Rp 40.5b profit in 1998
Merpati hopes to earn Rp 40.5b profit in 1998 JAKARTA (JP): State-owned air carrier Merpati Nusantara Airlines, which has suffered financial problems for several years, expects to post a Rp 40.5 billion (US$5.1 million) profit this year.
Mon, 19 Jan 1998
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Photo Exhibition: 100 old photos from Indonesia and Singapore, at Galeri TC (Twilight Cafe), Jl. Kemang Raya No.24A South Jakarta, Sunday to Thursday, 11:30 a.m. to 12 p.m., Friday to Saturday 11:30 a.m. to 2 a.m., until Jan. 29.
Mon, 19 Jan 1998
Extorters of ATM users arrested
Extorters of ATM users arrested JAKARTA (JP): The South Jakarta police have busted three members of a gang thought to have waged a year-long campaign against automatic teller machine (ATM) users.One of the three suspects was shot in the leg while trying to flee and the fourth is still at large as...