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Conversion Rates

Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) conversion rates on Dec. 15, 1997: Buying Selling Rp Rp U.S dollar 5,250.00 5,900.00Austrian shilling 434.40 503.90Australian dollar 3,683.80 3,993.00Belgian franc 153.50 165.50Canadian dollar 3,967.70 4,269.

Suu Kyi urges ASEAN to push for changa in Myanmar

Suu Kyi urges ASEAN to push for changa in Myanmar BANGKOK (AP): Myanmar's pro-democracy leader Aung San Suu Kyi sent a message to Southeast Asian leaders as they gathered yesterday for a summit that their interests would be best served by an end to military rule in her country.

Lack of knowledge drives rupiah down

Lack of knowledge drives rupiah down The rupiah continued its freefall against the U.S. dollar last week due to rumors about President Soeharto's health. Economist Kwik Kian Gie discusses the public attitudes concerning the rupiah's fall.

Food crisis spreads in Maluku

Food crisis spreads in Maluku JAKARTA (JP): The number of villages facing food shortages in Southeast Maluku increased from the reported 130 last week -- affecting 81,845 people -- to 149 villages, Antara reported yesterday.

Marsinah play banned in Lampung

Marsinah play banned in Lampung BANDAR LAMPUNG, Lampung: A play about slain labor activist Marsinah has again been banned, with police announcing yesterday that the show scheduled to go on the Cultural Park here this evening cannot go ahead.

Minister of food and Bulog chief

Minister of food and Bulog chief In my letter of Dec. 13, 'Do we have to import rice?', is the following sentence: "The Bulog chief stated that the supply was adequate and thus no import was needed. On the other hand, the state minister of food, who is one and the same person,...

Stricter controls urged to foil smuggling at port

Stricter controls urged to foil smuggling at port JAKARTA (JP): City Police chief Maj. Gen. Hamami Nata ordered the Tanjung Priok Port police Saturday to tighten controls on the flow of passengers and their luggage at the port to prevent drug smuggling.

Police arrest 3 drug dealers

Police arrest 3 drug dealers PALU, Central Sulawesi: Donggala Police apprehended three men suspected of drug trafficking in Tatura, East Palu, Central Sulawesi early Saturday.Local police chief Lt. Col.

Indonesian ADRs drop on NYSE

Indonesian ADRs drop on NYSE NEW YORK (Reuters): Indonesian ADRs -- American Depositary Receipts -- plummeted on the New York Stock Exchange Friday as the country's currency dropped on worries about the health of President Soeharto.

Pelni to operate two new ships

Pelni to operate two new ships JAYAPURA, Irian Jaya: State-owned shipping company PT Pelni will begin operating two luxury liners, KM Rinjani and KM Umsini, in eastern Indonesia starting next month, Antara reported.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition: 7 Gradasi, by Basuki Rahardjo, IPP Yasa, Jean Marcia T, Mary Rumawas, Sony Marsono, Soetarjo and Widarto, at the Lobby, Hotel Indonesia, Jl. Thamrin, Central Jakarta, 9 a.m. to 9 p.m., until Dec. 20.

Expert hails closure of Tanah Abang kiosks

Expert hails closure of Tanah Abang kiosks JAKARTA (JP): A senior criminologist from the University of Indonesia, Purnianti, hailed the city's closure of illegal warungs (kiosks) in Tanah Abang but urged the municipality to find alternative jobs for the people it evicted.

Stock market expected to tumble further this week

Stock market expected to tumble further this week JAKARTA (JP): Stock prices on the Jakarta Stock Exchange (JSX) are expected to fall further as worries about President Soeharto's health and a further drop in the rupiah would continue to dampen the buying mood.

China grabs four GP badminton titles

China grabs four GP badminton titles JAKARTA (JP): China proved its supremacy in badminton by sweeping four of the five titles at the 1997 Lipton World Grand Prix Badminton Finals at the Senayan Indoor Stadium yesterday.

S. Jakarta Police shoot alleged thief

S. Jakarta Police shoot alleged thief JAKARTA (JP): South Jakarta Police shot dead a man, who allegedly attempted to steal a police vehicle, when he later resisted arrest, the victim's younger brother said yesterday.

Intelligence body yet to catch source of rumors

Intelligence body yet to catch source of rumors JAKARTA (JP); The State Intelligence Coordinating Body (Bakin) admitted that it was having difficulty tracking the source of rumors which it claims were responsible for the recent plunge of Indonesia's financial markets.

Datuk's trial to begin this month

Datuk's trial to begin this month MEDAN, North Sumatra: The trial of Achmad Suraji, who is suspected of killing at least 42 women, will begin on Dec. 22 at the Lubuk Pakam District Court.Muhammad Nasution, a spokesman for the court, said last Thursday that Judge H.

Asian stocks to fall further on S. Korean crisis

Asian stocks to fall further on S. Korean crisis HONG KONG (Reuters): Asian markets are set for further declines this week, with investors keeping to the sidelines and fearful of developments in South Korea.

Beware of what scam

Beware of what scam As a reader of The Jakarta Post, I have noticed that Mr. Bill Guerin's letters have frequently appeared in the "Your Letters" column. At times, the contents gave me cause to become amazed at the poor logic presented.In his letter Beware of the old scam he has done it again.

Thailand's ailing economy seen to recover in 1999

Thailand's ailing economy seen to recover in 1999 BANGKOK (AFP): Thailand's ailing economy will recover in 1999 with the country's plunging currency stabilizing at between 35 and 36 baht to the dollar, officials were quoted as saying Saturday.

Not the right time to lift minimum wage: Employers

Not the right time to lift minimum wage: Employers JAKARTA (JP): Both employers and workers gave cautious comments Saturday over whether the minimum wage in the city should be increased to allow for rising prices.

China's PICC enters S'pore

China's PICC enters S'pore BEIJING (AFP): The People's Insurance Company of China (PICC) plans to open a Southeast Asian regional office in Singapore to study the feasibility of setting up companies in Malaysia and Thailand, the official China Daily said Saturday.

Armed men stage midday robbery

Armed men stage midday robbery JAKARTA (JP): A gang of at least four armed men robbed a gold shop at a market in Cempaka Putih, Central Jakarta, yesterday and made off with two kilograms of jewelry worth Rp 50 million (US$10,000).A police source said the robbers, who had watched London Shop on Jl.

RP president calls return of Marcos money 'boon' to country

RP president calls return of Marcos money 'boon' to country MANILA (AFP): Philippine President Fidel Ramos called a Swiss court's decision to release one fifth of the US$500 million of former dictator Ferdinand Marcos a "boon" to the country, a palace statement said yesterday.

Over 81,000 face famine in Maluku

Over 81,000 face famine in Maluku JAKARTA (JP): As relief efforts continued in drought-stricken Irian Jaya, it was reported Saturday that over 81,000 people in Maluku were facing severe food shortages.Antara quoted a local official as saying that villagers in the Lemola subdistrict, the worst-hit...

Psychologist concerned over premarital sex among teens

Psychologist concerned over premarital sex among teens JAKARTA (JP): Leading psychologist Sarlito Wirawan Sarwono expressed concern yesterday over the high number of teenagers engaging in premarital sex.

Alcatel clinches $115m project

Alcatel clinches $115m project JAKARTA (JP): French telecommunications giant Alcatel has won a US$115 million contract from Multi Media Asia Indonesia (MMAI) to develop the ground segment of Multi Media Asia (M2A), a multimedia satellite network.

One of six missing divers found alive

One of six missing divers found alive UJUNGPANDANG, South Sulawesi (JP): An Indonesian diving guide missing for three days with five Japanese divers off Betang Island here was found alive yesterday, local police said.Capt.

Golkar not to rescind Soeharto's nomination

Golkar not to rescind Soeharto's nomination JAKARTA (JP): Golkar remains steadfast in its support for President Soeharto's renomination to another term of office despite concerns over the President's ailing health.

ASEAN agrees to liberalize services

ASEAN agrees to liberalize services KUALA LUMPUR (AP): The Association of Southeast Asian Nations has agreed to liberalize trade in services among its nine members and set up a foundation to help its people help themselves.

Comments on abortion

Comments on abortionFrom KompasGovernment officials' comments on abortion are confusing and marked by mutual reproach. The police complain that the Indonesian Medical Association (IDI) should have informed them about doctors and clinics practicing abortion.

Obituary

Obituary Actor WD Mochtar died late Saturday evening at the Abdul Moeloek Hospital in Tanjungkarang, Lampung, at the age of 69.A hospital employee said Mochtar had complained of breathing problems and had been admitted to the hospital on Dec. 6.

Asian currencies caned, more grief to come: Analysts

Asian currencies caned, more grief to come: Analysts SINGAPORE (Reuters): Battered Asian currencies took another severe beating last week and there is a better than even chance they will suffer again during the next five trading sessions, financial analysts said.

Council upset by water company

Council upset by water company MEDAN, North Sumatra: All factions of North Sumatra's legislative council expressed disappointment Saturday over the poor performance of the province's water company PDAM Tirtanadi.

ASEAN summit puts spotlight on IMF

ASEAN summit puts spotlight on IMF KUALA LUMPUR (AP): Southeast Asian leaders, worried that IMF rescues have not stopped their currency crises, urged the United States and other economic powers yesterday to help by showing support.

C. Java regencies prone to landslides

C. Java regencies prone to landslides SEMARANG: A recent survey indicated that 28 of Central Java's 35 regencies and mayoralties were vulnerable to landslides because of unstable land, a local official said Saturday.

Jamsostek member

Jamsostek memberFrom Bisnis IndonesiaI have had an interesting experience as a member of Jamsostek's social security program. I became a Jamsostek member in 1990 when I started working at a private company. The premium was deducted from my salary every month.

Malaysia calls for 'Buy ASEAN' drive to curb crisis

Malaysia calls for 'Buy ASEAN' drive to curb crisis KUALA LUMPUR (Reuters): Malaysian Prime Minister Mahathir Mohamad urged Southeast Asian nations on Saturday to lift themselves out of financial crisis by buying each others' goods and shunning more expensive foreign products.

Equitor gets ISO 9002 award

Equitor gets ISO 9002 award JAKARTA (JP): Standard Chartered Equitor, a custodial and clearing division of Standard Chartered Bank, has received ISO 9002 certificationThe company said Saturday that the certification was awarded by SGS Yarsley International Certification Services in recognition of...

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: Gejolak Hati 3:35 Religious Teachings: Buddha 4:00 Regional News 4:30 Creative Program: Merajut Serat 5:00 Indonesian Lessons 5:25 Variety Show 5:30 Documentary Film 6:00 News: Lintasan Berita...

Save our environment

Save our environment Hurry up policymakers of Indonesia. It's high time to think about and get ready to punish people who endanger the environment by burning waste material in the open.Predictions are that the next dry season will come soon.

Malaysian PM conveys concerns to Myanmar leader

Malaysian PM conveys concerns to Myanmar leader KUALA LUMPUR (Agencies): Malaysian Prime Minister Mahathir Mohamad met the leader of Myanmar's military government yesterday and conveyed concern over the situation in that country, Malaysia's foreign minister said.Mahathir met Senior Gen.

Indonesia's school face a dilemma about idealism

Indonesia's school face a dilemma about idealismBy Mochtar Buchori JAKARTA (JP): From my childhood on until my late twenties I was continuously exposed to a rather romantic view of education. I was always told that education is a very powerful cultural force that shapes the future of our nation.

Bank Papan turns to Lotus tracking system

Bank Papan turns to Lotus tracking system JAKARTA (JP): Lotus Development, a leading international computer software company, has developed a communications system for Bank Papan to process housing loan applications as well as communicate with its customers through the Internet.

Law stipulates equal treatment

Law stipulates equal treatmentBy Benny Subianto JAKARTA (JP): In his article published in The Jakarta Post on Dec. 3, 1997, Irman G. Lanti argued that CIDES' proposal of affirmative action policy is not racist as I had suggested in my article published on Nov. 13 in this newspaper.

Transparent budget

Transparent budget President Soeharto's instruction to State Minister of National Development Planning Ginandjar Kartasasmita that the 1998/1999 draft for the state budget be realistic and fully transparent will surely send a positive signal to the market.

Political reform and transparency urgent: Miriam

Political reform and transparency urgent: Miriam DEPOK, West Java (JP): The government must empower the people's legislative institutions if it wants to revive an ailing political system, an expert said Saturday.

Rupiah is the worst performer of the year

Rupiah is the worst performer of the year LONDON (Reuters): The Indonesian rupiah has clocked up the biggest foreign exchange loss of 1997 so far and analysts say it is in almost uncontrolled freefall where only round figures make any difference.

EDS receives ISO 9001

EDS receives ISO 9001 JAKARTA (JP): Automotive wiring maker EDS Manufacturing Indonesia has received ISO 9001 certification from the United States' Underwriters Laboratories Inc., the company announced.

BI urged to divest its reserves to ease panic

BI urged to divest its reserves to ease panic JAKARTA (JP): Bank Indonesia, the central bank, should divest a significant amount of its foreign exchange assets to help desperate indebted firms and stop the fall of the rupiah, Australian economist Ross M. McLeod said.