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Thu, 18 Sep 1997
Forestry firms receive ultimatum for burning land
Forestry firms receive ultimatum for burning land JAKARTA (JP): Minister of Forestry Djamaludin Suryohadikusumo has given 125 firms a 15-day ultimatum to stop slash-and-burn practices or have their licenses revoked, a senior ministry official said yesterday.
Thu, 18 Sep 1997
Fire guts freighter
Fire guts freighter BANDAR LAMPUNG: A freighter carrying fertilizer was gutted by fire at Panjang port late on Tuesday, Antara reported yesterday.All crew members of the MV Columbia survived the fire, but the captain, identified as Nenok, suffered minor injuries after falling down while trying to...
Thu, 18 Sep 1997
United Tractors to raise $83.27m from rights issue
United Tractors to raise $83.27m from rights issue JAKARTA (JP): Publicly listed PT United Tractors, a major heavy equipment distributor in the country said yesterday that it expected to raise about Rp 241.5 billion (US$83.27 million) from its rights issue later this year.
Thu, 18 Sep 1997
Further reforms needed to ensure certainty
Further reforms needed to ensure certainty JAKARTA (JP): Economists and businesspeople hailed yesterday the government's decision to slash spending and delay major projects in a bid to convince foreign investors about its seriousness in dealing with currency and stock market upheavals.
Thu, 18 Sep 1997
Investors hail RI spending cuts
Investors hail RI spending cuts LONDON (Reuter): Foreign investors welcome big spending cuts by Indonesia but remain wary of the stock market on fears of weak earnings growth and riots in the east of the country."It's good news.
Thu, 18 Sep 1997
Pasar Minggu market drug dealer arrested
Pasar Minggu market drug dealer arrested JAKARTA (JP): A coffee trader turned drug dealer has been arrested at the Pasar Minggu market in South Jakarta for illegally possessing 21,400 Nipam barbiturate pills, 3,050 BK tranquilizer pills and an ounce of marijuana.
Thu, 18 Sep 1997
Modest Yogyakarta artist lets his works do the talking
Modest Yogyakarta artist lets his works do the talkingBy Ati Nurbaiti JAKARTA (JP): Shouts and hugs accompanied the announcement of Yuswantoro Adi as the first Indonesian grand prize winner in the Philip Morris ASEAN Art Awards 1997 in Manila last week.
Thu, 18 Sep 1997
Japanese alumni to meet in Jakarta
Japanese alumni to meet in Jakarta JAKARTA (JP): A kokoro-to-kokoro (heart-to-heart) meeting of Southeast Asian graduates of Japanese universities begins here today.The three-day conference of the ASEAN Council of Japan Alumni (ASCOJA) at Sahid Jaya Hotel is expected to attract some 150 graduates,...
Thu, 18 Sep 1997
IMF denies being slow in helping ASEAN
IMF denies being slow in helping ASEAN JAKARTA (JP): The International Monetary Fund (IMF) denied President Soeharto's criticism yesterday that it was slow in assisting Association of Southeast Asian Nations (ASEAN) members deal with the region's currency upheaval.
Thu, 18 Sep 1997
S&P gives Pindo Deli Finance BB-rating
S&P gives Pindo Deli Finance BB-rating JAKARTA (JP): Standard & Poor rating agency yesterday assigned the US$400 million guaranteed senior notes of Pindo Deli Finance Mauritus a BB- (minus) rating.Pindo Deli Finance Mauritus' senior notes will be issued in two tranches due 2002 and 2007 by parent...
Thu, 18 Sep 1997
Senior citizens
Senior citizensFrom MerdekaThough late, it is not wrong, I presume, for me to support the statement made by the Jakarta governor regarding senior citizens as published in Kompas daily (July 5) under the title of I appreciate and respect senior citizens.
Thu, 18 Sep 1997
Rupiah and stock prices continue to drop
Rupiah and stock prices continue to drop JAKARTA (JP): The rupiah and stock prices continued to drop yesterday following rioting in Ujungpandang, South Sulawesi and ongoing regional weaknesses, dealers and brokers said.
Thu, 18 Sep 1997
Indonesia power plant delay expected, says Unacol
Indonesia power plant delay expected, says Unacol SINGAPORE (Reuter): Unocal Corp. said yesterday Indonesia's decision to postpone its power plant project in northern Sumatra was not unexpected and it understands that the government needed to do so to stabilize the economy.
Thu, 18 Sep 1997
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Travel: My Country 2:35 Children's Film: Family Matters 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Culture Program: Pelangi Budaya 5:00 Arabic Lessons 5:30 Music Lessons: Acoustic Guitar 6:00 News: Lintasan...
Thu, 18 Sep 1997
Dollar extends assault on SE Asian currencies
Dollar extends assault on SE Asian currencies SINGAPORE (Reuter): The dollar continued its assault on most Southeast Asian currencies yesterday as concerns over Thailand refused to fade, but was showing a more mellow face late in the Asian day, dealers said.
Thu, 18 Sep 1997
ASEAN's property markets unsteady
ASEAN's property markets unsteady SINGAPORE (AFP): Southeast Asia's largely overheated property markets, a key source of the present financial turmoil in the region, have not bottomed out yet with banks expected to push their borrowers into selling, analysts said yesterday.
Thu, 18 Sep 1997
Regent denies famine
Regent denies famine PALEMBANG, South Sumatra: The Musi Banyuasin regency administration denied yesterday that there was a famine following rice harvest failure in the area.In a letter sent to the South Sumatra provincial administration's public relations office, Nazom confirmed reports that some...
Thu, 18 Sep 1997
Employers told to treat workers better
Employers told to treat workers better JAKARTA (JP): Governor Surjadi Soedirdja urged city employers yesterday to treat their workers better by providing safer facilities and creating a more democratic environment in the workplace.
Thu, 18 Sep 1997
Ramos warns protests may harm economy
Ramos warns protests may harm economy MANILA (AFP): The Philippine economy, already hard-hit by the peso's fall, could suffer even more if the Roman Catholic Church goes ahead with a protest rally Sunday, President Fidel Ramos warned yesterday.
Thu, 18 Sep 1997
SEA Games venues ready, satisfied organizers say
SEA Games venues ready, satisfied organizers say JAKARTA (JP): The 19th SEA Games organizers are satisfied with preparations being made at sports venues outside Senayan sports complex.Organizing committee competition deputy M.
Thu, 18 Sep 1997
435 blood donors awarded gold pins
435 blood donors awarded gold pins JAKARTA (JP): Over 400 blood donors were received by President Soeharto yesterday in recognition of their 75-plus blood donations to the Indonesian Red Cross (PMI)Later at a separate ceremony, the 435 donors were also awarded gold pins by chairperson of PMI and...
Thu, 18 Sep 1997
Cloud blocks lunar eclipse, thwarts photographers
Cloud blocks lunar eclipse, thwarts photographers JAKARTA (JP): Moon watchers and photographers were mostly frustrated in their efforts to view the century's last total lunar eclipse yesterday when heavy cloud blocked the sky over most of the city in the wee hours of the morning.
Thu, 18 Sep 1997
McRae's car hits enbankment as heavy rain mars test drive
McRae's car hits enbankment as heavy rain mars test drive MEDAN, North Sumatra (JP): Despite heavy rain here the Mitsubishi, Subaru, Toyota, Ford and Seat Sport teams set out to test the route of the Gudang Garam World Rally Championship due to start tomorrow.
Thu, 18 Sep 1997
Hatta library
Hatta library The Hatta library at the Gadjah Mada University campus in Bulak Sumur, Yogyakarta, was named after RI's first vice president Mohammad Hatta. It has a collection of some 40,000 books, including many old and rare books on social and political science.
Thu, 18 Sep 1997
Haze won't stop Mild Seven golf tournament
Haze won't stop Mild Seven golf tournament KUALA LUMPUR (Agencies): Organizers of the Mild Seven Kuala Lumpur Open have said that despite the haze, the tournament will go ahead at Saujana Golf and Country Club.
Thu, 18 Sep 1997
Drivers strike in Tangerang
Drivers strike in Tangerang TANGERANG (JP): More than 400 drivers of public transportation vans went on strike yesterday, leaving thousands of passengers stranded.The drivers of R-11 vans plying the Perumnas-Cikokol route even forced passengers onboard R-14 vans, which they said followed a similar...
Thu, 18 Sep 1997
Unocal finds Indonesian oil
Unocal finds Indonesian oil EL SEGUNDO, Calif., (Reuter): Unocal Corp announced Monday that one of its exploratory wells offshore Indonesia hit significant amounts of natural gas and oil.The well, drilled in deep waters of the Makassar Straight, tested at a rate of 24.
Thu, 18 Sep 1997
Cautions for 76 companies
Cautions for 76 companies TANGERANG (JP): Owners of at least 76 industrial companies here have been warned to stop dumping their unprocessed waste or have their licenses revoked and stand trial in court.Tangerang Environment Office head M.
Thu, 18 Sep 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 17, 1997: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,050 -25 41,500 AHAP Insurance 2,500 0 0 Alter Abadi 800 -50 5,000 Alumindo Light Metal 800 0 286,000...
Thu, 18 Sep 1997
IMF hopeful of good world growth
IMF hopeful of good world growth HONG KONG (Reuter): The International Monetary Fund kicked off its annual meetings with an upbeat assessment of the global economy yesterday, predicting several more years of low-inflation growth.
Thu, 18 Sep 1997
SE Asian finance chiefs to explore common strategy
SE Asian finance chiefs to explore common strategy BANGKOK (AFP): Southeast Asian finance ministers will attempt here to forge a united front ahead of the global monetary talks in Hong Kong, officials said, as the region reels from an unprecedented financial crisis.
Thu, 18 Sep 1997
Harmoko praises outgoing Golkar legislators
Harmoko praises outgoing Golkar legislators JAKARTA (JP): Golkar chairman Harmoko praised the political organization's legislators in the House of Representatives for doing their best during their five-year term which will expire on Sept. 30.
Thu, 18 Sep 1997
Obituary
Obituary Former minister of public works Poernomosidi Hadjisarosa died yesterday at Cipto Mangunkusumo General Hospital. He was 63. It was believed that he had been suffering from leukemia, Antara reported.
Thu, 18 Sep 1997
Forest burners have to prove innocence
Forest burners have to prove innocence JAKARTA (JP): State Minister of Environment Sarwono Kusumaatmadja warned yesterday that owners of plantation and timber companies alleged by the government of causing widespread fires in Sumatra and Kalimantan have until Oct. 1 to prove themselves innocent.
Thu, 18 Sep 1997
Minister laments increase in traffic fatalities
Minister laments increase in traffic fatalities JAKARTA (JP): Minister of Transportation Haryanto Dhanutirto commemorated yesterday National Transportation Day lamenting the increasing number of traffic fatalities despite the drop in overall accidents.
Thu, 18 Sep 1997
Langgeng pays dividend
Langgeng pays dividend SURABAYA (JP): Shareholders of the publicly listed PT Langgeng Makmur Industri have approved a proposal to issue 26.43 million new shares as dividend.PT Langgeng, plastic and aluminum household furniture producer, said yesterday existing shareholders would receive 14 new...
Wed, 17 Sep 1997
Indonesia vows to do its best to curb forest fires
Indonesia vows to do its best to curb forest fires JAKARTA (JP): The Indonesian government said yesterday that it was doing everything in its power to contain the spread of forest fires in Sumatra and Kalimantan, whose thick smoke has shrouded neighboring Malaysia and Singapore.
Wed, 17 Sep 1997
Ethnic-colored riot hits Ujungpandang
Ethnic-colored riot hits Ujungpandang UJUNGPANDANG (JP): Mobs of people went on a rampage throughout the city's center in a riot with ethnic overtones on Monday night and yesterday.Witnesses said the city remained tense last night with soldiers and police officers deployed in the Chinatown district...
Wed, 17 Sep 1997
Water company apologizes
Water company apologizes JAKARTA (JP): City-owned water company PDAM Jaya has apologized to its customers for the temporary suspension of water supplies between 7:45 a.m. and 5 p.m. yesterday.The head of the firm's marketing section, Agus Tabrani, said in a press release that the delay was caused...
Wed, 17 Sep 1997
Kotjo to sell stake in S'pore's ABR
Kotjo to sell stake in S'pore's ABR SINGAPORE (Reuter): Four Singapore-based businessmen have agreed on an option to buy the controlling stake in food company ABR Holdings now held by Indonesian tycoon Johanes Kotjo, Schroders International Merchant Bankers said.
Wed, 17 Sep 1997
MOU on Ancol Baru project signing
MOU on Ancol Baru project signing JAKARTA (JP): The city administration signed yesterday a memorandum of understanding with PT Manggala Krida Yudha for the early construction of the Ancol Baru project.Manggala -- a private firm owned by President Soeharto's youngest daughter Siti Hutami Endang...
Wed, 17 Sep 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 16, 1997: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 1,075 25 153,500 AHAP Insurance 2,500 0 0 Alter Abadi 850 -50 2,500 Alumindo Light Metal 800 -25 344,000...
Wed, 17 Sep 1997
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Painting and Ceramics Exhibition, works of Firman, Tisna Sanjaya, Agus Suwage and Suyatna, at the Lontar Gallery. Jl. Utan Kayu 68 H East Jakarta, Monday to Saturday, 10 a.m. to 5 p.m., until Sept. 30.
Wed, 17 Sep 1997
BNI sets up insurance company
BNI sets up insurance company JAKARTA (JP): Publicly listed Bank Negara Indonesia (BNI) has established a life insurance company in cooperation with its pension fund and the employees' welfare foundation of the state- owned life insurance company Jiwasraya.
Wed, 17 Sep 1997
Rupiah, stocks fall on riots, regional weakness
Rupiah, stocks fall on riots, regional weakness JAKARTA (JP): The rupiah and local stock prices weakened yesterday despite the government's announcement on project rescheduling, dealers and brokers said.
Wed, 17 Sep 1997
Younger leaders to wait until 2003: Feisal
Younger leaders to wait until 2003: Feisal JAKARTA (JP): Armed Forces chief Gen. Feisal Tanjung hinted yesterday that the "young generation" would have to wait until 2003 to take over the national leadership.
Wed, 17 Sep 1997
PT ACeS may expand to other regions: Joop
PT ACeS may expand to other regions: JoopBy I. Christianto DENVER, Colorado, U.S. (JP): Minister of Tourism, Post and Telecommunications Joop Ave said here Monday that satellite operator PT Asia Cellular Satellite (ACeS) has the opportunity to expand to other regions with low telephone density.
Wed, 17 Sep 1997
KL needs 7% growth until 2020
KL needs 7% growth until 2020 KUALA LUMPUR (Reuter): Malaysia's economy will have to grow by at least 7 percent a year until 2020 if the country is to achieve developed country status by then, Prime Minister Mahathir Mohamad said yesterday.
Wed, 17 Sep 1997
Soeharto apologizes to ASEAN members for haze
Soeharto apologizes to ASEAN members for haze JAKARTA (JP): President Soeharto sincerely apologized to fellow members of the Association of Southeast Asian Nations (ASEAN) yesterday for the choking effects of the haze caused by widespread forest fires in Indonesia.
Wed, 17 Sep 1997
Military and civilians
Military and civilians Over the past week, I've read with surprise and dismay the many reactions to Dr. Juwono Sudarsono's opinion on this country's coming leadership choice.As I see it, what Juwono did was state his view on the situation.