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Tue, 28 Oct 1997
Southeast Asian palm oil prices seen as uncertain
Southeast Asian palm oil prices seen as uncertain KUALA LUMPUR (Reuters): Southeast Asian palm oil prices are seen heading into an uncertain week, with the trend in Malaysia and Singapore to be dominated by the direction of their currencies, traders said."We're just looking at the ringgit.
Tue, 28 Oct 1997
Travel agencies losing money
Travel agencies losing money PADANG, West Sumatra: Travel bureaus in West Sumatra are loosing millions of rupiah as a result of cancelled tours due to the haze from the currently extensive brush and forest fires.
Tue, 28 Oct 1997
Seminar on gas technology
Seminar on gas technology JAKARTA (JP): State-owned oil and gas company Pertamina and Japan's Osaka Gas of International Cultural Exchange will sponsor a seminar here tomorrow to promote the use of environmentally- friendly gas technology.
Tue, 28 Oct 1997
Wiranto elected chairman of team to elect president
Wiranto elected chairman of team to elect president JAKARTA (JP): Gen. Wiranto was elected yesterday as the chairman of the People's Consultative Assembly (MPR) ad hoc committee in charge of electing a president and vice president next March for the 1998-2003 term.The Assembly also elected Gen.
Tue, 28 Oct 1997
Environmentalists say caution needed in Lampung reclamation
Environmentalists say caution needed in Lampung reclamationBy Dede A. Rizki BANDARLAMPUNG, South Sumatra (Antara): The area around Teluk Lampung strait is crowded with trucks, sand-and-brick carriers and other heavy machinery used for a huge reclamation project.
Tue, 28 Oct 1997
RI handles haze health problems
RI handles haze health problems JAKARTA (JP): The Ministry of Health and the Indonesian Pulmonologists Association have started measures to deal with health problems affecting some 240,000 people in haze-blanketed regions, an official said.
Tue, 28 Oct 1997
Man faces jail term for ruining painting
Man faces jail term for ruining painting JAKARTA (JP): A prosecutor demanded that a local choreographer be sentenced to six months in prison for damaging a painting by the late Hendra Gunawan.Prosecutor Lukimanto told the Central Jakarta District Court yesterday that Sri Sugeng Edhi Kwartanto, 41,...
Tue, 28 Oct 1997
Electing legislators
Electing legislatorsFrom MerdekaIt goes without saying that all members of society have placed their hopes on the newly elected legislators and members of the People's Consultative Assembly (DPR/MPR) who were installed on Oct. 1, 1997.
Tue, 28 Oct 1997
Malaysia pledges $1b in aid for Indonesia
Malaysia pledges $1b in aid for Indonesia JAKARTA (JP): Malaysia pledged US$1 billion in assistance to Indonesia yesterday to supplement the currently negotiated financial package from the International Monetary Fund (IMF) to restore confidence in the Indonesian economy.
Tue, 28 Oct 1997
Thai finance chief vows to curb economic slide
Thai finance chief vows to curb economic slide BANGKOK (Reuters): New Finance Minister Kosit Panpiemras said yesterday he would try to stop Thailand's economic crisis from worsening by maintaining strict fiscal discipline in the short time he expects to be in office.
Tue, 28 Oct 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 27, 1997: ------------------------------------------------------- Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 900 0 31,500 AHAP Insurance 2,500 0 0 Alter Abadi...
Tue, 28 Oct 1997
Soeharto warns of uncontrollable urbanization
Soeharto warns of uncontrollable urbanization JAKARTA (JP): President Soeharto warned yesterday of the danger of uncontrolled urbanization because most big cities are not prepared to accommodate a speedy population growth.
Tue, 28 Oct 1997
Some facts of life
Some facts of life Mr. Bill Starr calls me "offensive" and "presumptuous" ("Your Letters," On concept of guilt, Oct. 25) in daring to suggest that the concepts of selfishness and guilt are not high on the philosophical agenda in Indonesia.
Tue, 28 Oct 1997
Australian PM arrives for talks
Australian PM arrives for talks JAKARTA (JP): Australian Prime Minister John Howard will arrive here this afternoon for a two-day visit on his way home from the Commonwealth summit in Edinburgh, Minister/State Secretary Moerdiono said yesterday.
Tue, 28 Oct 1997
Awaited rain brings tragedy to C. Java
Awaited rain brings tragedy to C. Java SEMARANG, Central Java: Long-awaited rainfall in Central Java brought sudden calamity as dozens of homes were destroyed by the rain and strong winds.The spokesman of the Grobogan regency, Tjipto Santoso, told The Jakarta Post yesterday that heavy rain Sunday...
Tue, 28 Oct 1997
200 minivan drivers go on strike in Bogor
200 minivan drivers go on strike in Bogor BOGOR (JP): About 200 drivers of No. 07A minivans, which serve the Pasar Anyar-Salabenda route, went on strike yesterday to protest a five-kilometer overlap with No. 32 minivans -- which ply the Cibinong-Taman Pagelaran route.
Tue, 28 Oct 1997
PLN expected to lose at least $421m next year
PLN expected to lose at least $421m next year JAKARTA (JP): State-owned electricity company PT PLN projected yesterday that it could lose at least Rp 1.5 trillion (US$421.3 million) next year due to the rupiah's depreciation against the U.S. dollar.
Tue, 28 Oct 1997
Vice crackdown catches 62
Vice crackdown catches 62 JAKARTA (JP): The city public order officer rounded up 62 prostitutes and transvestites operating in several locations on the weekend.Thirty-five women and 27 transvestites were caught in the National Monument (Monas) square park, Central Jakarta, and Pulomas and...
Tue, 28 Oct 1997
Jababeka builds new industrial park
Jababeka builds new industrial park CIKARANG, West Java (JP): PT Kawasan Industri Jababeka, in cooperation with three Singaporean industrial developers, started development yesterday of an industrial park here despite concerns of an uncompleted Environmental Impact Analysis.
Tue, 28 Oct 1997
Fiber optic companies urge government to lower tariffs
Fiber optic companies urge government to lower tariffs JAKARTA (JP): The country's fiber optic manufacturers have been complaining about the high import duty on raw materials, urging the government to set lower tariffs to accelerate the industry's progress.
Tue, 28 Oct 1997
Evidence shows unilateral sanctions a no-win crusade
Evidence shows unilateral sanctions a no-win crusadeBy Arif Havas Ugroseno JAKARTA (JP): Are sanctions becoming an increasingly important foreign policy tool for enforcing international norms and standards of behavior?Yes, according to Stuart Eizenstat, U.S.
Tue, 28 Oct 1997
Own up to ethnic problem
Own up to ethnic problem Today, the Center for Information and Development Studies (CIDES) is scheduled to hold a seminar to address a problem that should have been discussed a long time ago: Precarious ethnic relations, more specifically the relations between the dominant pribumi (indigenous...
Tue, 28 Oct 1997
To the tower top with PLN
To the tower top with PLN JAKARTA (JP): Global System for Mobile Phones (GSM) provider PT Excelcomindo Pratama has sent 200 personnel to tower climbing training at state-owned electricity company PLN.Company director, T.
Tue, 28 Oct 1997
Councilors want end to Tanah Abang thuggery
Councilors want end to Tanah Abang thuggery JAKARTA (JP): City councilors urged the municipality yesterday to crack down on the Tanah Abang hoodlums who have for decades controlled the Tanah Abang market in Central Jakarta.
Tue, 28 Oct 1997
What does IMF have in store for RI?
What does IMF have in store for RI? Any day now, the International Monetary Fund is expected to announce its reform package for Indonesia following negotiations with Indonesian government officials. In the following discourse. economist Kwik Kian Gie talks about what to expect from the IMF.
Tue, 28 Oct 1997
Southeast Asian currencies fragile as despair
Southeast Asian currencies fragile as despair SINGAPORE (Reuters): Southeast Asian currencies kept their heads bowed yesterday as North Asia's nervous markets hogged center stage and the previously sanguine Australian dollar looked set to join the fray.
Tue, 28 Oct 1997
Widespread flooding is imminent, official warns
Widespread flooding is imminent, official warns JAKARTA (JP): Jakartans should prepare for more severe flooding during this year's wet season as preliminary data has revealed a jump in the number of flood-prone areas, from 82 last year to a predicted 100, an official said yesterday.
Tue, 28 Oct 1997
Putra Surya rated AAA
Putra Surya rated AAA HONG KONG (Reuters): Standard & Poor's said yesterday it had assigned its AAA rating to Indonesian Motor Vehicle Funding 1997- 1 Ltd.'s US$177.6 million guaranteed asset-backed floating-rate notes due 2001.
Tue, 28 Oct 1997
Rubin rules out Mexican-style bailout for Asia
Rubin rules out Mexican-style bailout for Asia WASHINGTON (Reuters): Treasury Secretary Robert Rubin on Sunday ruled out a U.S.-led Mexican-style bailout for the shaken economies of Southeast Asia.Rubin said the United States is working with Asian governments, especially Indonesia, as well as the...
Tue, 28 Oct 1997
Insolvent banks 'should not be liquidated now'
Insolvent banks 'should not be liquidated now' JAKARTA (JP): Forcing problematic banks to liquidate in the midst of the ongoing monetary crisis would further deteriorate confidence in the country's monetary sector and could spark a run on banks, the Econit Advisory Group says.
Tue, 28 Oct 1997
Sea collision off Singapore
Sea collision off Singapore SINGAPORE (AFP): A Singaporean fishing boat sank after colliding with a Vietnamese-registered container ship off here, the Singaporean Maritime and Port Authority (MPA) said yesterday.
Tue, 28 Oct 1997
KL to expand defense industry
KL to expand defense industry KUALA LUMPUR (AFP): Defense Minister Syed Hamid Albar called yesterday for further efforts to expand Malaysia's defense industry to make it more self-sufficient.Syed Hamid said the sector was still developing and existing industries had not made much progress in terms...
Tue, 28 Oct 1997
Air Force selects best to fly Sukhois
Air Force selects best to fly Sukhois JAKARTA (JP): The Air Force is selecting eight of its best pilots to be the first Indonesians to fly the Russian-made Sukhoi SU-30K fighter planes ordered in August.Air Force Deputy Chief of Staff Vice Marshal S.
Tue, 28 Oct 1997
Kramat Jati traders to move temporarily
Kramat Jati traders to move temporarily JAKARTA (JP): Traders from the Kramat Jati market, in East Jakarta, will be moved to makeshift kiosks on a nearby alley -- possibly after Idul Fitri -- as the market will be renovated, an official said yesterday.
Tue, 28 Oct 1997
Young woman commits suicide
Young woman commits suicide JAKARTA (JP): An 18 year old committed suicide by drinking insecticide in her rented room in Teluk Gong, Pejagalan, in North Jakarta early yesterday.The woman, identified as Juliana, was believed to be a student at Atma Jaya University.
Tue, 28 Oct 1997
Polysindo to issue rights to finance its expansion
Polysindo to issue rights to finance its expansion JAKARTA (JP): Indonesia's major polyester manufacturer PT Polysindo Eka Perkasa will issue 99-for-100 rights in a bid to raise Rp 1.09 trillion.Publicly listed Polysindo announced yesterday it planned to use Rp 993 billion of the proceeds to...
Tue, 28 Oct 1997
Inco's interim dividend
Inco's interim dividend JAKARTA (JP): Publicly listed nickel miner PT International Nickel Indonesia (Inco) announced here yesterday its board of commissioners has approved an interim dividend in respect of 1997 of 5 U.S. cents per share.The company said dividends would be payable on Dec.
Tue, 28 Oct 1997
Alleged hoodlum stabbed to death
Alleged hoodlum stabbed to death JAKARTA (JP): An on-duty security guard from a private company in Kebon Jeruk, West Jakarta, stabbed to death an alleged hoodlum for extorting and assaulting him, police said yesterday.City Police spokesman Lt. Col. E.
Tue, 28 Oct 1997
Battle against fires to go on
Battle against fires to go on JAKARTA (JP): The battle against brush and forest fires is likely to continue for another two or three months, when the delayed monsoons are due, the government said yesterday.
Tue, 28 Oct 1997
Golkar dismisses call for poll on next president
Golkar dismisses call for poll on next president JAKARTA (JP): A senior figure of Golkar said yesterday that the dominant political organization would not listen to external criticism of its commitment to renominate Soeharto for the 1998/2003 presidency.
Tue, 28 Oct 1997
Rupiah stabilizes against U.S. dollar, stocks firm
Rupiah stabilizes against U.S. dollar, stocks firm JAKARTA (JP): The rupiah continued to stabilize against the U.S. dollar withstanding regional pressure, currency dealers said yesterday.Meanwhile, stock dealers said local stock prices ended slightly lower as investors were waiting for the results...
Tue, 28 Oct 1997
Democracy in Indonesia seen trough the eyes of a scholar
Democracy in Indonesia seen trough the eyes of a scholar This is the second of two articles based on an excerpt from Prof. Arief Budiman's Inaugural Professorial Lecture delivered on Oct. 9, 1997 at the University of Melbourne to mark his chairmanship of the Indonesian Studies Program at the...
Tue, 28 Oct 1997
TV Program: Tuesday, Oct. 28, 1997
TV Program: Tuesday, Oct. 28, 1997TVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Children's Film: Lucan 3:10 Teenager's Program: Remaja Indonesia 3:35 Development Program: Hamkamnas 4:00 Regional News 4:30 Teenager's Drama: Yang Bersemi Dihati 5:00 English Lessons 5:30 Documentary Film 6:00...
Tue, 28 Oct 1997
Child workers will total 5 million by 2008
Child workers will total 5 million by 2008By T. Sima Gunawan OSLO (JP): Indonesia will have on its hands the problem of 5 million child workers and other vulnerable children by 2008, a government official said.
Tue, 28 Oct 1997
Reforestation
Reforestation I would like to inquire whether banking institutions could support the activity of planting a billion trees in order to safeguard the quality of air.Bank Indonesia backed by all banks, private and government, have supported the savings campaign in the National Savings Week in...
Tue, 28 Oct 1997
Business and human rights meet
Business and human rights meet This is the second of two articles digging into the heart of business endeavors and tieing it to the fundamental of human rights.By Budiono Kusumohamidjojo JAKARTA (JP): During the last decade the world has witnessed groundbreaking developments in the course of...
Tue, 28 Oct 1997
Abusing concept of justice
Abusing concept of justice The letter from D. Prabhakar (Oct. 23) should remind us all that there are more important things being lost in this current year of tragedy for Indonesia than foreign investment -- lives are being lost wholesale (ferry, train, bus and aircraft disasters, for example), but...
Tue, 28 Oct 1997
Jayawijaya tourism drops
Jayawijaya tourism drops JAYAPURA, Irian Jaya: The severe dry season has not only resulted in a lack of water in the Jayawijaya regency but also a fall in the number of tourists to the area.The head of the Jayawijaya tourism office, Arnold Tunkudung, said the number of tourists arriving in the area...
Tue, 28 Oct 1997
Man shot dead for stealing bird
Man shot dead for stealing bird JAKARTA (JP): A military officer shot dead a 21-year-old man yesterday for allegedly trying to steal a bird from its cage on the terrace of his home.Jakarta Military Command spokesman Lt. Col. DJ.
Tue, 28 Oct 1997
Asia crisis brings risks, rewards for U.S. companies
Asia crisis brings risks, rewards for U.S. companies NEW YORK (Reuters): With Asia's financial crisis threatening economic growth, U.S. industries like technology and finance face heightened risks from ties to the region.But while U.S.