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Tue, 23 Dec 1997
Soeharto dismisses four BI directors
Soeharto dismisses four BI directors JAKARTA (JP): President Soeharto dismissed four Bank Indonesia directors and replaced them with two outsiders and two others from the central bank, according to a presidential decree issued yesterday.Presidential Decree No. 352/M 1997, dated Dec.
Tue, 23 Dec 1997
Chamber music hits right note in busy '97
Chamber music hits right note in busy '97By Gus Kairupan JAKARTA (JP): The classical music scene -- what was it like this past year? Quiet it wasn't. In fact, "busy" would be the appropriate word to describe it, though that doesn't necessarily translate into quality, does it?Where that is concerned...
Tue, 23 Dec 1997
Slower U.S. economic growth to take toll on greenback
Slower U.S. economic growth to take toll on greenback LONDON (Reuters): Slower growth in the U.S. and recovering European economies will take the steam out of a two-year uptrend in the dollar next year, currency analysts say.
Tue, 23 Dec 1997
Rumors aim 'to topple government'
Rumors aim 'to topple government' JAKARTA (JP): President Soeharto said yesterday rumors that his health was failing, he was dead, or that the Armed Forces were planning a coup, were aimed at destabilizing the economy and toppling the government.
Tue, 23 Dec 1997
Australia's immigration issue
Australia's immigration issue I appreciate your publication of a report on Dec. 9 regarding the Jakarta leg of Australian federal Parliamentarian Mr. Graeme Campbell's goodwill mission around Southeast Asia, on which I accompanied him.
Tue, 23 Dec 1997
Rupiah's meltdown brings about economic hardship
Rupiah's meltdown brings about economic hardshipBy Riyadi JAKARTA (JP): Economic recession and stagflation are looming in the wake of the rupiah's meltdown.After experiencing a high growth of over 6 percent per annum for more than 25 years, Indonesia's economy is projected to slump over the next...
Tue, 23 Dec 1997
Poet expresses Islamic views in painting expo
Poet expresses Islamic views in painting expoBy Yogita Tahil Ramani JAKARTA (JP): In one section of a hall, frames of 99 painstakingly inscripted Islamic definitions of the Almighty stare out, seemingly woven into colors on paper.
Tue, 23 Dec 1997
Asian currencies down in thin trading
Asian currencies down in thin trading SINGAPORE (Reuters): Asian currencies were mostly weaker in thin pre-holiday trade yesterday after Moody's Investors Service downgraded the sovereign debt of four countries -- three of them to junk bond status.
Tue, 23 Dec 1997
Production drop forces Bulog to import rice
Production drop forces Bulog to import rice JAKARTA (JP): The decrease in the country's rice production had forced the State Logistics Agency (Bulog) to import 100,000 tons of husked rice this year and would require more to be bought next year, Bulog's chairman Beddu Amang said yesterday.
Tue, 23 Dec 1997
Six killed in restaurant fire
Six killed in restaurant fire BANDUNG (JP): Sukamto, alias Hans, a seafood restaurant owner, died here yesterday morning with five of his employees in a fire that gutted his restaurant on Jl. Setiabudi.
Tue, 23 Dec 1997
How to overcome rupiah's weakness
How to overcome rupiah's weaknessFrom Media IndonesiaWhat are the causes of the rupiah's weak position? The answers are so varied that it is very difficult for the monetary authorities to arrive at a diagnosis which would permit them to make a decision.
Tue, 23 Dec 1997
Train kills five in Vietnam
Train kills five in Vietnam HANOI (AP): A speeding train slammed into a passenger bus in central Vietnam, killing five people and wounding ten others, police reported yesterday.The bus in Binh Dinh province, about 200 kilometers south of the central city of Danang, was passing over a rail crossing...
Tue, 23 Dec 1997
Logistics body told to open rice outlets in markets
Logistics body told to open rice outlets in markets JAKARTA (JP): City councilors urged the local logistic agency (Dolog Jaya) yesterday to open temporary rice outlets in 24 markets to control rising prices.
Tue, 23 Dec 1997
TV surprises in order for those staying home
TV surprises in order for those staying home JAKARTA (JP): For those still suffering the aftershock over the cancellation of party-till-two New Year's festivities (in view of Ramadhan) try not to lose heart.
Tue, 23 Dec 1997
Former legislator's trial postponed
Former legislator's trial postponed JAKARTA (JP): The South Jakarta District Court postponed yesterday the first hearing of the subversion trial of former legislator Sri Bintang Pamungkas following a fierce argument between the defendant and the prosecution.
Tue, 23 Dec 1997
Man arrested with heroin
Man arrested with heroin JAKARTA (JP): Police arrested a man in front of the Golden Truly department store on Jl. Tendean in South Jakarta for allegedly possessing 250 grams of heroin.City police spokesman Lt. Col. E.
Tue, 23 Dec 1997
Alleged serial killer's begins in N. Sumatra
Alleged serial killer's begins in N. Sumatra MEDAN, North Sumatra (JP): The Lubuk Pakam District Court in Deli Serdang regency began the trial yesterday of a shaman charged with the murders of 42 women.
Tue, 23 Dec 1997
Sense and sensitivity
Sense and sensitivity In facing the current monetary turmoil, the governments of Malaysia and Thailand have cut the salaries of their senior officials as an austerity measure and expression of solidarity with those hardest hit by the economic chaos.
Tue, 23 Dec 1997
Building houses in outskirt urged
Building houses in outskirt urged TANGERANG (JP): State Minister of Public Housing Akbar Tandjung encouraged private developers yesterday to build houses on the outskirts of the city due to a shortage of inner-city land.
Tue, 23 Dec 1997
Pierre Cardin in Vietnam
Pierre Cardin in Vietnam HANOI (AFP): French fashion retailer Pierre Cardin has found a new Vietnamese firm to manufacture and distribute its brand, after a bitter dispute with its previous partner over fakes, an official said yesterday.
Tue, 23 Dec 1997
Task force formed to help businesses
Task force formed to help businesses JAKARTA (JP): President Soeharto set up a special task force of three businessmen yesterday to represent the private sector in consultations with the government about ways of coping with the current economic crisis.
Tue, 23 Dec 1997
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting Exhibition: Pameran Akbar Seni Lukis '97 by Yayasan Pembela Tanah Air (YAPETA) at Diamond room, President Hotel, Jl. MH. Thamrin, Central Jakarta, until Dec. 24. * Painting Exhibition by I Made Djirna at Mon Decor Gallery, Jl. Gunung Sahari Raya No.
Tue, 23 Dec 1997
Moody's downgrades four country
Moody's downgrades four country HONG KONG (AFP): Moody's Investors Service said yesterday it had downgraded the foreign currency credit ratings of Indonesia, Malaysia, South Korea and Thailand in a fresh blow to the struggling Asian economies.
Tue, 23 Dec 1997
Bakrie & Brothers delays $2b in projects
Bakrie & Brothers delays $2b in projects JAKARTA (JP): Publicly listed PT Bakrie & Brothers, one of Bakrie Group's three holding companies, said yesterday the country's financial turmoil had prompted the company to delay or review expansion projects worth US$2 billion.
Tue, 23 Dec 1997
Rescue workers search for clues to crash
Rescue workers search for clues to crashBy Budiman Moerdijat PALEMBANG, South Sumatra (JP): Indonesian and Singaporean minesweepers began combing the waters around the Musi River estuary yesterday in an attempt to locate the main fuselage of the SilkAir plane which crashed Friday.Col.
Tue, 23 Dec 1997
The President's dedication
The President's dedication The economy of Indonesia is in a free-fall. Each day more and more Indonesians lose their jobs. Each day essential commodity prices go higher and higher while the rupiah drops lower and lower.
Tue, 23 Dec 1997
S. Korea cancels gas deals with RI
S. Korea cancels gas deals with RI NICOSIA (Reuters): South Korea's economic crisis has forced Korea Gas Corp (KOGAS) to cancel gas supply deals from the United Arab Emirates and Indonesia, the Middle East Economic Survey (MEES) newsletter reported yesterday.
Tue, 23 Dec 1997
Governor Palaguna wins another term
Governor Palaguna wins another term UJUNGPANDANG, South Sulawesi: Incumbent Maj. Gen. (ret) H.Z.B. Palaguna won the majority of votes in the governor election at the provincial legislative council here yesterday.
Tue, 23 Dec 1997
Rupiah and stock prices gain ground
Rupiah and stock prices gain ground JAKARTA (JP): The rupiah and stock prices gained ground in thin trading yesterday, with most investors on the sidelines.Currency dealers said the spot rupiah ended at 5,050/5,250 at the close yesterday against an opening of 5,150/5,250 in the morning session.
Tue, 23 Dec 1997
Experts join call for greater govt transparency
Experts join call for greater govt transparency JAKARTA (JP): The government is bracing itself for the New Year with mounting pressure for greater transparency in tackling the economic crisis.Jusuf Wanandi, Johanes Kristiadi and Mari Pangestu, all from the Centre for Strategic and International...
Tue, 23 Dec 1997
A night with Kris
A night with Kris JAKARTA (JP): Pop singer-cum-model Kris Dayanti will perform at Fashion Cafe on Thursday, singing her hits and giving a sneak preview of her next album which will be launched next year.Kris will be accompanied by the Audiensi Band.
Tue, 23 Dec 1997
Navy cadets sail to Australia
Navy cadets sail to Australia SURABAYA, East Java: Eighty cadets of the Navy Academy (AAL) were farewelled by AAL Governor Maj. Gen. Sudarsono Kasdi for a sailing trip to Australia aboard the K.M. Dewa Ruci training ship in a program called "Kartika Jala Krida 1998" in a ceremony here Sunday.
Tue, 23 Dec 1997
Fewer Indonesians study in Germany
Fewer Indonesians study in Germany SEMARANG, Central Java: Fewer Indonesian students are studying in Germany, causing concern on the part of the German government, State Minister of Research and Technology B.J. Habibie said here Saturday.
Tue, 23 Dec 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 22, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 650 0 0 AHAP Insurance 400 0 0 Alter Abadi 425 25 2,000 Alumindo Light Metal 250 50 2,516,500 Alumindo...
Mon, 22 Dec 1997
Preventing osteoporosis can be cheaper: Expert
Preventing osteoporosis can be cheaper: Expert YOGYAKARTA (JP): A health expert says women can prevent osteoporosis in ways cheaper than consuming the widely advertised calcium-rich milk products.Ahmad Husain Asdie, a professor at the Gadjah Mada University's School of Medicine, was commenting on...
Mon, 22 Dec 1997
ISO 90O2 for Astra Graphia
ISO 90O2 for Astra Graphia JAKARTA (JP): Document services business group PT Astra Graphia has gained ISO 9002 certification from Lloyd's Register Quality Assurance.Astra received the certification from the accreditation institution last Thursday.
Mon, 22 Dec 1997
Kaimoeddin extends tenure as governor
Kaimoeddin extends tenure as governor KENDARI, Southeast Sulawesi: President Soeharto has approved the extension of the tenure of the incumbent Governor of Southeast Sulawesi La Ode Kaimoeddin for another five years.
Mon, 22 Dec 1997
Search efforts bear little fruit
Search efforts bear little fruit JAKARTA (JP): A minesweeper and sonar equipment will be used today to search for the submerged fuselage of the SilkAir airplane which crashed in South Sumatra, after efforts by divers over the weekend only recovered body parts and fragments from the wreckage.
Mon, 22 Dec 1997
Penney's failure blamed on inept concept
Penney's failure blamed on inept concept JAKARTA (JP): The failure of American high-end retail chain JC Penney in Indonesia was caused by an unsuitable marketing concept rather than the country's monetary crisis, an observer said.
Mon, 22 Dec 1997
Team established to probe property mismanagement
Team established to probe property mismanagement JAKARTA (JP): The city municipality in cooperation with the National Land Agency has set up a special team to probe malfeasance that has led to the "disappearance" of several city properties, according to an official.
Mon, 22 Dec 1997
Tutut may get 'more important' position than VP, says scholar
Tutut may get 'more important' position than VP, says scholar JAKARTA (JP): Golkar leader Siti Hardiyanti Rukmana might have refused some people's motion to nominate her for the vice presidency, but it is likely she will gain a politically more important position, a scholar says.
Mon, 22 Dec 1997
Gold prices ease in line with rupiah's trend
Gold prices ease in line with rupiah's trend JAKARTA (JP): Gold prices eased over the weekend after reaching a high of Rp 47,000 per gram on Wednesday as most people sold their gold to profit in the bullish market.
Mon, 22 Dec 1997
Tourism academy graduates 2,041
Tourism academy graduates 2,041 JAKARTA (JP): The privately run Trisakti Tourism Academy graduated 2,041 of its students in a ceremony Saturday at the Jakarta Convention Center.Bambang Sumarsono, coordinator of the academy, said in a statement that almost 60 percent of graduates have already been...
Mon, 22 Dec 1997
Garuda operates 55 extra flights during holidays
Garuda operates 55 extra flights during holidays JAKARTA (JP): National air carrier Garuda Indonesia will operate 55 extra flights from Jakarta to three overseas and five domestic destinations to anticipate an increase in passengers during the Christmas and New Year's holidays.
Mon, 22 Dec 1997
Residents destroy, burn food stalls
Residents destroy, burn food stalls TANGERANG (JP): About 300 angry residents of Pondok Jaya in Pondok Aren damaged and burned over the weekend a number of food stalls which they believed to have been used for prostitution and selling alcohol.
Mon, 22 Dec 1997
Ronny wins Star Mild drag race
Ronny wins Star Mild drag race JAKARTA (JP): Ronny Hermawan won the FFA category of the Star Mild drag race at the Senayan East parking lot early yesterday.Ronny clocked 7.630 seconds and was followed by Herry Agung with a time of 8.350 seconds and Pratikto Singgih in 8.730 seconds.
Mon, 22 Dec 1997
PNG to purchase arms from RI
PNG to purchase arms from RI KUPANG, East Nusa Tenggara: Indonesian Armed Forces Commander Gen. Feisal Tanjung said here Saturday that Papua New Guinea (PNG) is planning to purchase arms from Indonesia.
Mon, 22 Dec 1997
RP to beef up coast security
RP to beef up coast security MANILA (AFP): The Philippines is adding more vessels and patrol boats to beef up security along its coasts, a presidential palace statement said yesterday.Some 14 vessels worth US$39.
Mon, 22 Dec 1997
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: Ratna 3:35 Belief in God the Almighty 4:00 Regional News 4:30 Health Program: Kesehatan Keluarga 5:00 Indonesian Lessons 5:25 Variety Show 5:30 Documentary Film 6:00 News: Lintasan Berita 6:05...
Mon, 22 Dec 1997
Freeport has option to acquire Iriana Mutiara
Freeport has option to acquire Iriana Mutiara NEW ORLEANS (Reuters): Freeport-McMoRan Copper & Gold Inc said Friday it has a letter of intent with the owners of PT Iriana Mutiara Mining providing Freeport with an option to acquire a 90- percent ownership interest in the Indonesian company, which...