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Fri, 12 Dec 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 11, 1997: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 750 50 500 AHAP Insurance 625 0 0 Alter Abadi 400 0 0 Alumindo Light Metal 225 0 7,593,000 Alumindo...
Thu, 11 Dec 1997
New Year's festivities okay before Dec. 28
New Year's festivities okay before Dec. 28 JAKARTA (JP): The city administration has decided to allow entertainment businesses to hold New Year's celebrations before Dec. 28, the Public Order Agency announced yesterday.
Thu, 11 Dec 1997
Sony offers scholarships
Sony offers scholarships JAKARTA (JP): The audio-video maker Sony Group will present a number of scholarships to prominent final-grade students of state universities as part of the company's program to support education and training programs in Indonesia.
Thu, 11 Dec 1997
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Children's Film 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Orchestra Film 5:00 Arabic Lessons 5:30 Children's Story: Si Kecil yang Berani 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved...
Thu, 11 Dec 1997
Asian cocoa prices up due to currency, supply
Asian cocoa prices up due to currency, supply KUALA LUMPUR (Reuters): Cocoa prices remained firm in Malaysia and Indonesia yesterday, with tight supply and weaker currencies prompting gains, regional traders said.
Thu, 11 Dec 1997
Utut wins first game in Groningen
Utut wins first game in Groningen JAKARTA (JP): Grandmaster Utut Adianto of Indonesia opened his world chess championship campaign with a victory, defeating GM Wang Zhili of China in Groningen, the Netherlands.Utut, who has an elo rating of 2,610, beat Zili in a three- hour intense game Monday.
Thu, 11 Dec 1997
Nepalese man may face death penalty
Nepalese man may face death penalty JAKARTA (JP): A prosecutor asked South Jakarta District Court yesterday to sentence a young Nepalese man to death for trafficking 1.2 kilograms of heroin.Prosecutor Sugiyanto said the defendant, 23-year-old Budhe Tamang, arrived here from Thailand with the heroin...
Thu, 11 Dec 1997
Different attitudes on youth promiscuity
Different attitudes on youth promiscuityBy Harko Kasran JAKARTA (JP): Social observers Dr. Sarlito Wirawan and Ninuk Widiyantoro recommended (The Jakarta Post, Dec. 1) that the youths be taught to use condoms.
Thu, 11 Dec 1997
WB sets $1b for the poor
WB sets $1b for the poor JAKARTA (JP): The World Bank will provide US$1 billion to launch an employment safety net for low-income people currently hit by the economic crisis, the bank's country director for Indonesia Dennis de Tray said yesterday.
Thu, 11 Dec 1997
S'pore rubber futures hit by rupiah
S'pore rubber futures hit by rupiah SINGAPORE (Reuters): Rubber futures on the Singapore Commodity Exchange (SICOM) fell along with Tokyo and on fears of further weakness as the Indonesian rupiah tumbled, dealers said yesterday."The market is partly depressed by Japan.
Thu, 11 Dec 1997
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) conversion rates on Dec. 10, 1997: Buying Selling Rp Rp U.S. dollar 4,350.00 4,600.00Austrian shilling 326.20 373.80Australian dollar 2,838.60 3,036.30Belgian franc 115.30 122.90Canadian dollar 2,997.90 3,188.
Thu, 11 Dec 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 10, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 700 -50 25,000 AHAP Insurance 625 0 0 Alter Abadi 400 0 0 Alumindo Light Metal 225 25 5,641,500 Alumindo...
Thu, 11 Dec 1997
Students' safety
Students' safetyFrom KompasI would like to have the attention of the authorities in Jakarta for the safety of high school students going to and from school. I think my feelings are shared by the majority of students' parents in the capital city.
Thu, 11 Dec 1997
Toyota's sales up, Timor leads market
Toyota's sales up, Timor leads market JAKARTA (JP): Automobile manufacturer PT Toyota Astra Motor (TAM) and the distributor of the country's national car, PT Timor Distributor Nasional (TDN), have each claimed to be leading players in the Indonesian automobile industry.
Thu, 11 Dec 1997
U.S. senator upbeat about RI economy
U.S. senator upbeat about RI economy JAKARTA (JP): United States Senator Max Baucus said here yesterday he was optimistic that Indonesia would be able to weather the currency crisis if it fully implemented its reform package.
Thu, 11 Dec 1997
Military involvement seen hurting labor protection
Military involvement seen hurting labor protection SURABAYA (JP): An increasingly excessive intervention by security authorities in many labor disputes has robbed workers of just and satisfying solutions, and of control over situations, an activist says.
Thu, 11 Dec 1997
Bapepam suspends 16 securities companies
Bapepam suspends 16 securities companies JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) has suspended 16 securities houses, mostly members of the Jakarta Stock Exchange (JSX), for failing to meet capital requirements, the chairman of agency said yesterday.
Thu, 11 Dec 1997
Cricket mini-World Cup to be held in Sharjah
Cricket mini-World Cup to be held in Sharjah CALCUTTA (AFP): Sharjah in the United Arab Emirates was chosen over Bangladesh and the United States as the venue for the 1998 mini-World Cup cricket tournament at a meeting of the International Cricket Council (ICC) here Tuesday.
Thu, 11 Dec 1997
Krakatau to join Australian project
Krakatau to join Australian project ADELAIDE (Reuters): The South Australian Steel and Energy Project (SASE) will involve Ausmelt Ltd, Meekatharra Minerals Ltd and two Indonesian companies, the state-owned PT Krakatau Steel and privately-owned PT Maritosa and Coalindo.
Thu, 11 Dec 1997
Won continues slide despite govt efforst
Won continues slide despite govt efforst SINGAPORE (Reuters): Asian currencies were shrouded in gloom yesterday as the South Korean won sank to new lows despite government efforts to calm shaky markets.The won hit its daily lower limit of 1,565.
Thu, 11 Dec 1997
Developing literature
Developing literature Dozens of Indonesian novelists, short story writers, poets, playwrights and critics are currently holding a series of meetings in Bukittinggi and Kayutanam, two West Sumatran towns which have given birth to a number of intellectuals and writers, to discuss the country's...
Thu, 11 Dec 1997
Soeharto to attend ASEAN summit in KL
Soeharto to attend ASEAN summit in KL JAKARTA (JP): Rumors of President Soeharto's ailing health were firmly rebuffed yesterday after it was announced that he would attend an informal summit of the Association of Southeast Asian Nations (ASEAN) in Kuala Lumpur Sunday.
Thu, 11 Dec 1997
Dragons and 'wayang' watch over Javanese homes
Dragons and 'wayang' watch over Javanese homesBy Shamala Kandiah JAKARTA (JP): Mythical flying dragons, legendary wayang characters and everyday farm animals form part of the landscape in many little villages in Java.
Thu, 11 Dec 1997
India offers finance services package, no word from Jakarta
India offers finance services package, no word from Jakarta GENEVA (AFP): India has handed in an improved banking and insurance package, trade officials said, three days before the deadline for a deal to open up global financial service markets.
Thu, 11 Dec 1997
Prosecutor fails to indict
Prosecutor fails to indict JAKARTA (JP): A bank forgery trial at the South Jakarta District Court was postponed yesterday after the prosecutor was unable to concentrate enough to read the indictment.Prosecutor Y.W.
Thu, 11 Dec 1997
14 detained for bomb fishing
14 detained for bomb fishing UJUNGPANDANG, South Sulawesi: Selayar Island police detained 14 fishermen Tuesday for allegedly bomb fishing in the nearby coral reefs.Selayar Police Chief Lt. Col. Hendrawan said the fishermen -- detained along with two motorboats, diving equipment and explosives --...
Thu, 11 Dec 1997
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting Exhibition: Nuansa Cakrawala, by Rieta Yoedho, A. Malik A., Emily D., Agus B, Effendi, at Hilton Executive Club, Jakarta Hilton Hotel, Jl. Gatot Subroto, South Jakarta, 9 a.m. to 8 p.m., until Dec. 15.
Thu, 11 Dec 1997
Expats no longer required to pay foreigners tax
Expats no longer required to pay foreigners tax JAKARTA (JP): Expatriates in Jakarta will no longer have to pay a foreigners tax because the city is to stop collecting it as of May 28, City Council was told yesterday.
Thu, 11 Dec 1997
Govt urged to send signals to restore public confidence
Govt urged to send signals to restore public confidence JAKARTA (JP): The World Bank country director for Indonesia, Dennis de Tray, suggested yesterday that the government send signals to the market that it would undertake reform measures to restore public confidence.
Thu, 11 Dec 1997
Asian economic turmoil to slow Philippine growth
Asian economic turmoil to slow Philippine growth MANILA (AFP): The Asian financial crisis will dampen Philippine economic growth this year and next with the authorities expected to pursue a tight monetary policy, an independent think tank said yesterday.
Thu, 11 Dec 1997
Crisis dams up Japanese investment flow to Asia
Crisis dams up Japanese investment flow to Asia TOKYO (AFP): Japan's investment in China, India and the United States is forecast to grow, but Asia's currency turmoil makes Japanese firms more wary of their cash flow to some countries in the region, analysts say.
Thu, 11 Dec 1997
Hariyanto, Martin lost on first day of GP Finals
Hariyanto, Martin lost on first day of GP Finals JAKARTA (JP): Some fancied players will have to work harder today than they anticipated after losing their opening matches of the round-robin section of the 1997 Lipton World Grand Prix Badminton Finals at the Senayan Indoor Stadium yesterday.
Thu, 11 Dec 1997
Bimantara wins shooting contest
Bimantara wins shooting contest JAKARTA (JP): Bimantara Shooting Club, whose team members include Bambang Trihatmodjo, was the overall winner in the two- day rapid-reaction firing contest at Jakarta Military Command.
Thu, 11 Dec 1997
TV companies fail to pay frequency charge
TV companies fail to pay frequency charge JAKARTA (JP): Director General of Post and Telecommunications Djakaria Purawidjaja said that four private television stations, TPI, RCTI, SCTV and ANteve had failed to pay frequency utilization rights bills totaling Rp 9.54 billion (about US$2.
Thu, 11 Dec 1997
Demand for branded goods remains stable
Demand for branded goods remains stable JAKARTA (JP): Indonesia's current monetary crisis has not affected demand for brand-named consumer goods targeted for the middle class, The Castle Group, a business consulting company, stated yesterday.Castle's chairman, James W.
Thu, 11 Dec 1997
Housewife commits suicide after quarrel
Housewife commits suicide after quarrel JAKARTA (JP): A 40-year-old housewife was found dead at her home in Duren Sawit district, East Jakarta, yesterday after reportedly arguing with her husband the night before.
Thu, 11 Dec 1997
RSCM morgue handles 600 bodies every month
RSCM morgue handles 600 bodies every month JAKARTA (JP): State-run Cipto Mangunkusumo General Hospital receives an average of 600 bodies for postmortem every month, a senior morgue staffer said yesterday.
Thu, 11 Dec 1997
Blind musicians compete on Dec. 23
Blind musicians compete on Dec. 23 JAKARTA (JP): After a 10-year absence, the city's social affairs agency will hold its second biennial music contest for the blind on Dec. 23.The agency's head, Emon Setia Sumantri, said yesterday that 15 music groups from Jakarta, West Java and Lampung have...
Thu, 11 Dec 1997
Discipline essential for ISI
Discipline essential for ISI Two articles side-by-side in The Jakarta Post on Friday, Dec. 5 caught my eye. The first announced that Dr. Made Bandem has been inaugurated as the new rector of the Institut Seni Indonesia (Indonesian Arts Institute, or ISI) in Yogyakarta.
Thu, 11 Dec 1997
Mahathir to push for East Asian Economic Caucus
Mahathir to push for East Asian Economic Caucus KUALA LUMPUR (AFP): Malaysian Prime Minister Mahathir Mohamad plans to revive his controversial proposal for an East Asian Economic Caucus (EAEC) at an ASEAN summit with China, Japan and South Korea next week, a source close to the government said...
Thu, 11 Dec 1997
Military chief warns officers
Military chief warns officers MEDAN, North Sumatra: Chief of the Bukit Barisan Regional Military Command Maj. Gen. T. Rizal Nurdin vowed yesterday to punish officers proven to have instigated Tuesday's riot on Jl. Flamboyan, Tanjung Sari, Antara reported.
Thu, 11 Dec 1997
Cleaning up banking system is panacea to ailing economy
Cleaning up banking system is panacea to ailing economy The following article is based on an interview with Dr. Rudiger Dornbusch of the Massachusetts Institute of Technology. The renowned international economist was in Jakarta last week at the invitation of the Prasetya Mulya School of Management.
Thu, 11 Dec 1997
Where to go in Bandung:
Where to go in Bandung:Music and Entertainment * Preanger Aerowisata Bandung Hotel, Jl. Asia-Afrika No. 81, Central Bandung: - Tempo Doeloe Terrace: Back To Sixties featuring Starlite Band, every Sunday, 7 p.m. to 11 p.m., Asea Band, from Philippines, Monday to Friday, 7 p.m. to 11 p.m.
Thu, 11 Dec 1997
Asia's dependence on senior leaders poses problems
Asia's dependence on senior leaders poses problems SINGAPORE (Reuters): The heavy dependence of some Asian countries on senior leaders rather than on government institutions poses problems of succession, but few are likely to face difficult transitions when these leaders die, analysts said...
Thu, 11 Dec 1997
Water companies to hold meeting
Water companies to hold meeting JAKARTA: Indonesian Water Company Association (Perpamsi) will hold its regional meeting in Padang, West Sumatra to establish a cooperation between small-scale entrepreneurs and members of Perpamsi, an official said yesterday.
Thu, 11 Dec 1997
More beggars to flock to city
More beggars to flock to city JAKARTA (JP): A city official estimates that more than 2,000 beggars from villages outside Jakarta will flock to the capital's streets during the upcoming Ramadhan fasting month.
Thu, 11 Dec 1997
40,000 children need schooling
40,000 children need schooling AMBON, Maluku: An estimated 38,968 school-age children in eight remote districts of the Southeast regency are too poor to go to school and need help, Antara reported yesterday.The news agency quoted B.
Thu, 11 Dec 1997
House blasts labor export management
House blasts labor export management JAKARTA (JP): The House of Representatives blamed yesterday the high number of Indonesian illegal workers in Saudi Arabia on the government's poor management of labor export.
Thu, 11 Dec 1997
Mt. Merapi spews hot gases
Mt. Merapi spews hot gases SEMARANG: Mount Merapi in Central Java has been spewing hot gases again in the past few weeks, prompting the authorities to call for public alert.The head of the Mt. Merapi observation section of the directorate of volcanology in Yogyakarta, Mas Atje Purbawinata, said...
Thu, 11 Dec 1997
Troops clash with students, marring Human Rights Day
Troops clash with students, marring Human Rights Day YOGYAKARTA (JP): Troops forcefully dispersed a student rally commemorating Human Rights Day here yesterday and beat dozens of participants who refused to budge.