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Wed, 17 Dec 1997
Food shortage requires urgent action: Megawati
Food shortage requires urgent action: Megawati JAKARTA (JP): Megawati Soekarnoputri warned the government yesterday that while the economic crisis can be cured in the long-term, the problem of hunger is urgent and should be dealt with immediately.
Wed, 17 Dec 1997
Bank channel loans to small enterprises
Bank channel loans to small enterprises JAKARTA (JP): Bank Indonesia, the central bank, said yesterday that subsidized loans for small- and medium-scaled enterprises had been made available through state banks and Bank Bukopin since early this month.
Wed, 17 Dec 1997
Rupiah strengthens, stocks gain
Rupiah strengthens, stocks gain JAKARTA (JP): Bank Indonesia gave a push to the rupiah yesterday, which slipped to a record low of 6,000 against the U.S. dollar, while local stock prices gained ground, currency dealers and stockbrokers said.
Wed, 17 Dec 1997
Conversion rates
Conversion rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) conversion rates on Dec. 16, 1997: Buying Selling Rp Rp U.S dollar 5,200.00 5,800.00Austrian shilling 403.80 466.60Australian dollar 3,386.30 3,656.80Belgian franc 142.70 153.30Canadian dollar 3,686.80 3,952.
Wed, 17 Dec 1997
Expert warns of Mt. Merapi lahar
Expert warns of Mt. Merapi lahar SEMARANG, Central Java: The large lahar dome on the peak of Mount Merapi has begun to crack and poses a real threat as the region enters the rainy season, according to a volcanology official.
Wed, 17 Dec 1997
Spotlight
SpotlightPhoto A: JournalBorobudur Inter-Continental JakartaDIPLOMATIC DO: Minister of Foreign Affairs Ali Alatas meets general manager of the Borobudur Inter-Continental Jakarta, Michael Tuorniare (right) at the launching of Duta, the Indonesian Journal of World Affairs.
Wed, 17 Dec 1997
Cathay to defer new plane purchases
Cathay to defer new plane purchases HONG KONG (AFP): Cathay Pacific Airways is to defer options on new aircraft because of the slump in regional tourism caused by Asia's financial crisis, a company spokeswoman said yesterday.
Wed, 17 Dec 1997
S'poreans jailed for smuggling pills
S'poreans jailed for smuggling pills TANGERANG (JP): The local district court here sentenced two Singaporeans to four years in jail each for attempting to smuggle thousands of Ecstasy pills into the country late last year.
Wed, 17 Dec 1997
Pelabuhan Ratu puts best face on for cultural festival
Pelabuhan Ratu puts best face on for cultural festival JAKARTA (JP): Preparations are underway for a special week of festivities at the Pelabuhan Ratu coastal area in West Java.Locals have started sprucing up the district as they ready to host the first Palabuhan Ratu Festival, to open this...
Wed, 17 Dec 1997
RI gymnasts up for SEAGCON
RI gymnasts up for SEAGCON JAKARTA (JP): The Indonesian Gymnastics Association will send nine gymnasts to the fourth Southeast Asian Games Confederation (SEAGCON) junior gymnastics championships in Kuala Lumpur from Dec. 17 to Dec. 22.
Wed, 17 Dec 1997
Unicef officer tells govt to maintain food supply
Unicef officer tells govt to maintain food supply JAKARTA (JP): A Unicef officer appealed to the government yesterday to issue a special policy to enable households, particularly those still living in poverty, to maintain their food supply during the economic crisis.
Wed, 17 Dec 1997
Debt-ridden Asian corporates fight to cut losses
Debt-ridden Asian corporates fight to cut losses SINGAPORE (AFP): Asian corporates buried under a mountain of U.S. dollar-denominated debt are unwittingly pulling down their own currencies as they race to repay their ballooning loans by year-end, analysts said Tuesday.
Wed, 17 Dec 1997
Gas field found in Fak-fak
Gas field found in Fak-fak SORONG, Irian Jaya: A huge natural gas field, believed to be the biggest in Indonesia, has been found in Bomberai village, Fak-fak, Irian Jaya.The field was the first to be discovered in Fak-fak by PT ARCO, a contractor of state oil and gas company Pertamina, since it...
Wed, 17 Dec 1997
Military braces for massive layoffs
Military braces for massive layoffs SURABAYA (JP): The East Java military is bracing itself for large scale demonstrations in anticipation of the expected 6,000 layoffs likely to occur in January.Maj. Gen.
Wed, 17 Dec 1997
Planting rice in Irian?
Planting rice in Irian?From RepublikaI have been wondering how the Indonesian Science Institute (LIPI) could have come up with the "brilliant idea" of teaching the Irian Jaya population to plant rice, as reported by one of Jakarta's newspapers. This is really disheartening.
Wed, 17 Dec 1997
Wild boar scares S'pore ferry staff
Wild boar scares S'pore ferry staff SINGAPORE (DPA): Passengers were evacuated from a Singapore ferry terminal after a wild boar wandered into the area, news reports said yesterday.The 60-centimeter long animal was spotted early Monday in the shrubbery at Changi Ferry Terminal, which operates a...
Wed, 17 Dec 1997
Travel industry warned of rates
Travel industry warned of rates JAKARTA (JP): A senior tourism executive has warned Indonesia's travel industry and related businesses to set realistic prices to survive global tourism competition.Managing director of the Indonesian Tourism Promotion Board, Wuryastuti Sunario, told The Jakarta Post...
Wed, 17 Dec 1997
Medco raises output of Sumatra oil field
Medco raises output of Sumatra oil field JAKARTA (JP): Oil company PT Exspan Kalimantan, a subsidiary of Medco Energi Corp, has increased the output of the Kaji Semoga oil field in South Sumatra by 7,000 barrels per day (bpd) to 10,000 bpd."The development of the oil field is continuing.
Wed, 17 Dec 1997
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Photo Exhibition: Kilas Balik 97, at Galeri Foto Jurnalistik Antara, Jl. Antara No. 59 Pasar Baru, Central Jakarta, daily except Monday, 11:30 a.m. to 7:30 p.m., Dec. 17 through Jan. 14. Followed by discussions with photographer and public, at 2 p.m., Dec. 20.
Wed, 17 Dec 1997
Medical check-ups from military
Medical check-ups from military JAKARTA (JP): More than 1,700 Tambora residents in West Jakarta received free medical check-ups yesterday from the Jakarta Military Command in a public-service activity to commemorate its 42nd anniversary this year.Commander Maj. Gen.
Wed, 17 Dec 1997
Regent threatens karaoke bars
Regent threatens karaoke bars PALANGKARAYA, Central Kalimantan: Kotawaringin Timur Regent Didik Salmijardi has threatened to burn down karaoke bars which continued operations without permits, Antara reported yesterday.
Wed, 17 Dec 1997
France wins world c'ships: Bermuda Bowl
France wins world c'ships: Bermuda BowlBy Djanwar Madjolelo JAKARTA (JP): Congratulations first to France which has achieved the great feat of being Olympiad and Bermuda Bowl Champions in consecutive years: 1996 and 1997.
Wed, 17 Dec 1997
Three students die in collision
Three students die in collision LHOKSEUMAWE, Aceh: Three high school students were killed in a collision between a bus and truck yesterday morning.Antara reported that the bus, which was carrying about 40 students, was believed to have been speeding when the accident occurred.
Wed, 17 Dec 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 16, 1997: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 650 0 0 AHAP Insurance 400 0 0 Alter Abadi 400 0 0 Alumindo Light Metal 175 0 1,174,000 Alumindo Perkasa 250...
Wed, 17 Dec 1997
Pensioners protest failed payments
Pensioners protest failed payments MEDAN, North Sumatra: Hundreds of former employees of a state- owned plantation company here demonstrated at the provincial legislative council denouncing the company's failure to pay their pension for six years.
Wed, 17 Dec 1997
No perks, no village chief
No perks, no village chief JAKARTA (JP): Minister of Home Affairs Moch. Yogie SM is concerned that fewer people will want to become village chiefs because the perks, such as the provision of free land, are no longer available.
Wed, 17 Dec 1997
Myanmar military pledges to stop future power grab
Myanmar military pledges to stop future power grab YANGON (Agencies): The Myanmar military government has vowed to develop the country so the nation's armed forces never need to seize power again, official media outlets said yesterday.Lt. Gen.
Wed, 17 Dec 1997
No roll over for loans, Japan says
No roll over for loans, Japan says KUALA LUMPUR (Reuters): Japan told yesterday Southeast Asian nations that it could not help their troubled economies by forcing private banks to roll over loans, Philippine President Fidel Ramos said.
Wed, 17 Dec 1997
PT Telkom wary over telephone line target
PT Telkom wary over telephone line target JAKARTA (JP): State-owned PT Telkom and its private partners will face difficulties in meeting the government's target to install eight million telephone lines in the current Sixth Five- Year Development Plan.
Wed, 17 Dec 1997
Asia unites in adversity
Asia unites in adversity KUALA LUMPUR (Reuters): Twelve Asian nations formed a sense of unity through adversity during a three-day summit in Kuala Lumpur, Malaysia's host Prime Minister Mahathir Mohamad said yesterday.
Wed, 17 Dec 1997
UN envoy to go to Myanmar
UN envoy to go to Myanmar KUALA LUMPUR (AFP): UN Secretary-General Kofi Annan said here yesterday he would send a special envoy to Myanmar in January to meet officials of its ruling junta as well as opposition leader Aung San Suu Kyi.
Wed, 17 Dec 1997
Asian woes to affect Chinese exports
Asian woes to affect Chinese exports BEIJING (Reuters): Weaker currencies in Southeast Asia and rising trade friction are likely to dampen China's exports in 1998, Chinese Trade Minister Wu Yi was quoted on Tuesday as saying.
Wed, 17 Dec 1997
28 caught without ID cards
28 caught without ID cards JAKARTA (JP): Central Jakarta Police have rounded up 28 people who were caught without their identification cards (KTP) during an operation at Senen market, an officer said yesterday.Second Lt.
Wed, 17 Dec 1997
Only radical reforms can end present crisis, says scholar
Only radical reforms can end present crisis, says scholar JAKARTA (JP): Political scholar Nurcholish Madjid said yesterday the nation must be willing to engage in radical political and economic reforms if it is to lift itself from the monetary crisis.
Wed, 17 Dec 1997
China faces up to ASEAN facts
China faces up to ASEAN facts There is no mistaking the atmosphere of gloom at this ASEAN meeting. It is likely that the participants at this ASEAN summit will work out some program for mutual assistance. How effective this will be remains to be seen.
Wed, 17 Dec 1997
Enron seeks to revive US$525m power project
Enron seeks to revive US$525m power project JAKARTA (JP): Enron International, a major American energy company, is seeking to revive its US$525 million power project in East Java which the government postponed in September as part of spending cuts forced by the currency crisis.
Wed, 17 Dec 1997
PPP opts to wait and see on presidential candidate
PPP opts to wait and see on presidential candidate JAKARTA (JP): Despite prolonged debate, the United Development Party (PPP) failed to agree yesterday on its presidential candidate and deferred the job of announcing the name to chairman Ismail Hasan Metareum.
Wed, 17 Dec 1997
S&P puts some Indonesian banks under review
S&P puts some Indonesian banks under review HONG KONG (AFP): U.S. ratings agency Standard and Poor's yesterday put four Indonesian banks under review for a possible downgrade of their credit rating, citing concerns the country's banking system was deteriorating.
Wed, 17 Dec 1997
Most discotheques, cafes ignore rules
Most discotheques, cafes ignore rules JAKARTA (JP): Most cafes and discotheques in Jakarta have failed to win an Excellence in Tourism award because they constantly breach regulations, an official said yesterday.
Wed, 17 Dec 1997
Businessman may get 4 years for stealing designer watches
Businessman may get 4 years for stealing designer watches JAKARTA (JP): A prosecutor asked Central Jakarta District Court yesterday to sentence a businessman to four years in jail for allegedly masterminding the theft of watches worth Rp 3.9 billion (US$678.60).Prosecutor Y.W.
Wed, 17 Dec 1997
Assembly may drop draft on human rights charter
Assembly may drop draft on human rights charter JAKARTA (JP): The People's Consultative Assembly came closer yesterday to reaching a decision to reject motions for human rights protection sponsored by minority factions.
Wed, 17 Dec 1997
Investment funds of Jamsostek 'mismanaged'
Investment funds of Jamsostek 'mismanaged' JAKARTA (JP): The returns on investment by state-owned social insurance company PT Jamsostek are still below average as most investments are mismanaged, according to the Econit Advisory Group.
Wed, 17 Dec 1997
RI's youth suffer from crisis of values
RI's youth suffer from crisis of values JAKARTA (JP): Researchers say young Indonesians today suffer from anomie. They do not know right from wrong.Rusydi Syahra, a senior researcher at the National Institute of Sciences, told a seminar on youth here yesterday that many young people committed...
Wed, 17 Dec 1997
Thai cabinet cut their pay
Thai cabinet cut their pay BANGKOK (DPA): The Thai cabinet pushed through a 20 percent cut in monthly salaries for government ministers and legislators as an austerity measure, a senior minister said yesterday.
Wed, 17 Dec 1997
Bangkok subway deal signed
Bangkok subway deal signed BANGKOK (AFP): Thai authorities have appointed a foreign-led consortium to oversee the building of a long-awaited subway system, a report said yesterday.Bangkok's Metropolitan Rapid Transit Authority (MRTA) signed a 1.28 billion baht (US$26.
Wed, 17 Dec 1997
Labor insurance
Labor insuranceFrom KompasAs a member of the Astek/Jamsostek (labor insurance) program, I would like a clear explanation of a number of things. According to articles six and 25 of Law No. 3 of 1992, the objective of the collection of labor insurance funds is to enhance the welfare of Indonesian...
Tue, 16 Dec 1997
Tourism plan for Serangan may have environmental cost
Tourism plan for Serangan may have environmental costBy Putu Wirata DENPASAR (JP): Close on the heels of controversies surrounding giant sculptures and a tourist project in Tanah Lot, development plans for Serangan Island, a 10-minute motor boat ride from Benoa port in Bali, have raised another...
Tue, 16 Dec 1997
Fossil found in Central Java
Fossil found in Central Java BOJONEGORO, Central Java: A 27-year-old from Drajat village, in Bojonegoro, has found fossilized bones he believes may be of a prehistoric animal while digging in a paddy field.
Tue, 16 Dec 1997
Monetary crisis
Monetary crisisFrom MerdekaThe monetary crisis experienced by Indonesia is different from that experienced by other countries. Indonesia's monetary crisis did not strike suddenly but was caused by some factors relating to government policies that were introduced as far back as 1970.
Tue, 16 Dec 1997
ASEAN frees up tourism, other service sectors
ASEAN frees up tourism, other service sectors KUALA LUMPUR (AFP): Trade ministers of the Association of Southeast Asian Nations (ASEAN) signed documents here yesterday implementing an agreement to open up the regional services market, starting with the tourism industry.