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Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 19, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 750 0 2,500 AHAP Insurance 2,500 0 5,000 Alter Abadi 1,000 0 0 Alumindo Light Metal 1,200 50 1,139,000...

Governor Surjadi urges people to eat more fish

Governor Surjadi urges people to eat more fish JAKARTA (JP): Governor Surjadi Soedirdja urged residents to eat more fish yesterday, guaranteeing that the fish sold in the city's markets were both delicious and poison-free.

Rupiah strengthens as BI raises interest rates

Rupiah strengthens as BI raises interest rates JAKARTA (JP): The rupiah rose sharply yesterday to cross 2,900 level against the U.S. dollar after Bank Indonesia (the central bank) raised one-week to three-month treasury rates, dealers said.

Anti-polio drive enters final phase

Anti-polio drive enters final phase JAKARTA (JP): The government will launch the third and last round of a massive anti-polio immunization campaign next week to give the final boost to make Indonesia completely free from polio by the year 2000.

Train conductor shot

Train conductor shot PURWOKERTO, Central Java: Petrus Hermanu Hudoyo, a conductor on the Jakarta-Yogyakarta night train, is currently under intensive treatment at the local Islamic hospital after he was shot Sunday evening.

Council okays three governor nominees

Council okays three governor nominees JAKARTA (JP): The City Council officially submitted three names for the Jakarta governorship to the Ministry of Home Affairs yesterday.Council speaker Edy Waluyo said the three nominated candidates -- incumbent Jakarta Military commander Maj. Gen.

Yoke, not yolk

Yoke, not yolk I have been reading The Jakarta Post for over four years now and generally enjoy it very much.Of course, like in every newspaper, sometimes printing errors have occurred. In "Your Letters" of the Aug. 19 issue there was one that should not go unnoticed.Mr. E.

Official angry over firm's discipline misconduct

Official angry over firm's discipline misconduct JAKARTA (JP): A city official expressed his anger yesterday over the alleged misconduct of Multi Prabu Production, a private company planning to give awards to 150 companies in connection with the National Discipline Movement.

Spotlight

SpotlightPhoto A: MakroJP/alxFOR MORE COMMERCE: Hendra Firmansyah (left), Director of Bank Bali, shakes hands with Viviyanti Ashali, finance director of PT Karabha Unggul which operates Makro wholesaler outlets.

Toyota raises car prices in response to rupiah's fall

Toyota raises car prices in response to rupiah's fall JAKARTA (JP): PT Toyota-Astra Motor (TAM), one of the biggest car producers in Indonesia, raised car prices by between Rp 1 million (around US$350.85) and Rp 7 million as an adjustment to the sharp drop in rupiah against the U.S. dollar.

TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Travel: My Country 2:35 Family's Film: Big Brother Jake 3:10 Children's Program: Anak-Anak Indonesia 3:35 Talk Show: Kotak Pos 4:00 Regional News 4:30 Education Quiz: Cepat Tepat 5:10 TV Series: Road To Avonlea 5:55 Music 6:00 News: Lintasan Berita 6:05...

Dong promises to retain World Cup title

Dong promises to retain World Cup titleBy Primastuti Handayani YOGYAKARTA (JP): Defending champion Dong Jiong of China promised to retain his title at the 1997 Sanyo World Cup Badminton Championships at Among Rogo Sports Hall here.

RI-U.S. ties endure ups and downs

RI-U.S. ties endure ups and downs JAKARTA (JP): If you think the relationship between the United States and Indonesia is at a low ebb and may well deteriorate -- take comfort. It has been worse, a lot worse, not so long ago.Reading Shared Hopes, Separate Fears -- Fifty Years of U.S.

KL cuts machinery imports

KL cuts machinery imports KUALA LUMPUR (AFP): Malaysian Prime Minister Mahathir Mohamad said yesterday the government may impose import restrictions on heavy equipment in an effort to nail the worsening balance of payments deficit.

Timor car project won't be rescheduled

Timor car project won't be rescheduled JAKARTA (JP): PT Timor Putra Nasional said yesterday it would not reschedule or postpone its US$1 billion car manufacturing project in West Java despite President Soeharto's call for spending retrenchment to help the weakening rupiah.

Two military officers installed

Two military officers installed JAKARTA (JP): Jakarta Garrison Commander Maj. Gen. Sutiyoso installed Brig. Gen. Adam Damiri as the new Jakarta Garrison chief of staff yesterday, replacing Maj. Gen. Yudomo SHD.Sutiyoso, who is also the City Military Commander, then installed Lt. Col.

Much-ado about might

Much-ado about might There is much fuss about power in Indonesia today.A debate has raged since President Soeharto spoke about the possibility of the People's Consultative Assembly (MPR), which will convene in March, reviving an old ruling which bestows a special power on the president.

Diarrhea threatens West Kalimantan

Diarrhea threatens West Kalimantan PONTIANAK, West Kalimantan: The long dry season hitting West Kalimantan is pushing the province into an alert situation with the possibility of a diarrhea breakout, with nearly two dozen being treated for the illness in the last three days.

Journo murder trial to continue

Journo murder trial to continue YOGYAKARTA: A court here ruled yesterday to proceed with the trial of Dwi Sumadji, alias Iwik, who allegedly killed Bernas journalist Fuad M. Syafruddin last year.The district court of Bantul, a small town 15 kilometers south of here, rejected Iwik's rebuttal...

RP trade deficit falls

RP trade deficit falls MANILA (AFP): The Philippines' merchandise trade deficit dropped 6.9 percent on the previous year from 6.047 billion dollars to US$5.631 billion in the six months to June, the National Statistics Office said yesterday.Import bills expanded 10.9 percent to $17.

Sempati Air responds

Sempati Air responds Allow us to respond to Ita Sembiring's complaint about her journey on Sempati Air flight SG 507 from Medan to Jakarta on July 6 (Aug. 13, Thieves on the airplane?).We regret very much to hear that she only realized there were items missing from her baggage when she arrived home.

Gardner's book has many authors

Gardner's book has many authorsBy Yenni Djahidin WASHINGTON (JP): Paul F. Gardner, a retired American diplomat, says that in writing Shared Hopes, Separate Fears -- Fifty Years of U.S.-Indonesia Relations, he only put together information collected from other people.

Megawati's lawyers receive bomb threats

Megawati's lawyers receive bomb threats JAKARTA (JP): Lawyers for the fractured Indonesian Democratic Party (PDI) canceled yesterday their first anniversary celebration, planned for today, following bomb threats.Chief of the group known as the Public Defenders of Indonesian Democracy (TPDI), R.O.

RI, Namibia sign MOU

RI, Namibia sign MOU JAKARTA (JP): The Indonesian and Namibian governments signed yesterday a memorandum of understanding (MOU) to promote bilateral cooperation in mining and energy.The MOU was signed by Minister of Mines and Energy I.B.

S'pore fund for Asia

S'pore fund for Asia SINGAPORE (AFP): An umbrella group of Singapore industries launched an investment holding company yesterday to invest in quasi-government and private sector projects in the Asia-Pacific region.

Housewife's ballooning assets

Housewife's ballooning assets UJUNGPANDANG, South Sulawesi: Money fell from the sky for Mrs Sani when a balloon worth Rp 1 million (US$370) landed in her garden.The mother of seven was at home Monday when she found several balloons stuck to a guava tree in her garden.

PM Goh Chok Tong to visit Japan

PM Goh Chok Tong to visit Japan TOKYO (AFP): Singapore's Prime Minister Goh Chok Tong will visit Japan next week, the Japanese foreign ministry said yesterday.During his five-day visit starting Aug. 27, Goh will meet Japanese Prime Minister Ryutaro Hashimoto and business leaders.

Suspected killer gets death penalty

Suspected killer gets death penalty SURABAYA: A court here meted out a death penalty for Aris Setiawan, 30, after finding him guilty of the premeditated murder of a mother and her two daughters last April.

Boon for forestry ministry

Boon for forestry ministry JAKARTA (JP): The Ministry of Forestry said yesterday the rupiah value of reforestation funds collected this month jumped by Rp 12 billion (US$4 million) because of the rupiah's depreciation.

Bank Universal plans to offer shares to public

Bank Universal plans to offer shares to public JAKARTA (JP): PT Bank Universal, PT Astra International's financial services flagship, plans to float 300 million new shares to the public next month through local stock exchanges to raise Rp 150 billion (US$51.7 million) in fresh funds.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Doll Exhibition: by Siana Kristiani, at Galeri TC, Jl. Kemang Raya No. 24A South Jakarta, 11.30 a.m. to 12 a.m., until Sept. 13. * Graphics Exhibition: A European View (of Indonesia), old lithographs, engravings, and other graphics from Europe revealing the old...

Baramuli, lawmaker who provokes curiosity

Baramuli, lawmaker who provokes curiosity JAKARTA (JP): Among 35 people awarded Indonesia's second highest distinguished medal, the Bintang Mahaputra, was outspoken legislator A.A. Baramuli whose ideas and statements often provoke public curiosity.

Nine robbers arrested

Nine robbers arrested JAKARTA (JP): Police have arrested a gang of nine alleged robbers over the last five days and confiscated two FN handguns from them, an officer said yesterday.They were arrested in Bekasi, West Java; Central Jakarta and West Jakarta.

House agrees to decrease commissions to 8

House agrees to decrease commissions to 8 JAKARTA (JP): The House of Representatives has approved an internal reorganization that would shrink the current 11 commissions to only eight.Syamsul Mu'arif, who chairs a special committee in charge of deliberating the House's internal rule amendments,...

Asian central banks urged to cooperate

Asian central banks urged to cooperate KUALA LUMPUR (AFP): Asian central banks should seek an institutional solution to combat future speculative assaults on their currencies, Deutsche Bank Group chief economist Norbert Walker said yesterday.

4,000 youths at sports meet

4,000 youths at sports meet JAKARTA (JP): North Jakarta Mayor H. Suprawito opened a sports and art competition yesterday attended by about 4,000 youths.Suprawito said at the opening ceremony that the annual event was aimed mainly at filling youths' spare time so as to prevent them from becoming...

Soeharto foresees less use of force

Soeharto foresees less use of force JAKARTA (JP): President Soeharto foresaw yesterday a decline in the use of force and arms in the future, saying they would no longer be effective.Speaking to leading members of the Indonesian Association for Social Sciences Development (HIPIIS) at the Bina Graha...

65 floats entered in Monas street festival

65 floats entered in Monas street festival JAKARTA (JP): Join in the colorful street fiesta this Sunday morning at Monas, or else stay far away from the square and Jl. Thamrin area.That's the official advice as 65 floats and 14 marching bands will be taking part in a parade to mark Indonesia's 52nd...

Luster of 'Malaysian Miracle' begins to fade

Luster of 'Malaysian Miracle' begins to fadeBy Bill Tarrant KUALA LUMPUR (Reuter): The World Bank once referred to it as the "Malaysian Miracle" -- nearly a decade of 8 percent economic growth or better, with low inflation, little indebtedness, a strong currency and a surging stock market.

S'pore PM Goh accused of using courts for politics

S'pore PM Goh accused of using courts for politics SINGAPORE (Reuter): A top British lawyer accused Singapore Prime Minister Goh Chok Tong yesterday of using the courts as a tool to get an opposition leader out of parliament.

RI won't import rice: Bulog head

RI won't import rice: Bulog head JAKARTA (JP): Head of the State Logistics Agency (Bulog), Beddu Amang, reiterated here yesterday that the government would not import rice despite the prolonged dry season.

SE Asian currencies languish at week levels

SE Asian currencies languish at week levels SINGAPORE (AFP): The Indonesian rupiah, Thai baht and the South Korean won plunged to record lows yesterday and other Southeast Asian currencies languished at weak levels with no end in sight to exchange-rate turmoil.

Foreign athletes at Indonesia Open

Foreign athletes at Indonesia Open JAKARTA (JP): Fifteen athletes from three foreign countries will take part in the Indonesia Athletics Open here from Aug. 21 to Aug. 24.The fifteen athletes from Singapore, Brunei Darussalam and Myanmar will compete against 400 local athletes in 15 events at the...

Govt to add tax incentives for human resources

Govt to add tax incentives for human resources JAKARTA (JP): The government is preparing a regulation to increase tax incentives to companies which provide training and education to their employees, a senior official said yesterday.

Indonesia in Uzbek telecoms talks

Indonesia in Uzbek telecoms talks TASHKENT (Reuter): The former Soviet republic of Uzbekistan is holding talks with companies from Indonesia, Japan and South Korea about selling a 49 percent stake in the Tashkent phone network, a senior privatization official said yesterday.

Deportation of Taiwanese women

Deportation of Taiwanese women In response to the news story about the deportation of 11 alleged "Taiwanese" women, published in The Jakarta Post on July 15, the Taipei Economic and Trade Office would like to clarify some key points.

Samoa loses Pacific Games

Samoa loses Pacific Games APIA (AFP): Samoa lost its bid to host the 2003 South Pacific Games to Fiji because of its lack of sporting facilities and for boycotting the games in 1987 and in 1995, a senior official said Monday.

Matahari delays FRNs

Matahari delays FRNs HONG KONG (Reuter): PT Matahari Putra Prima's US$100 million floating-rate note issue has been shelved until market conditions improve, bankers said yesterday."It's simply been postponed until market conditions improve," said a banker close to the deal, adding that Matahari did...

Sudjana to probe Canadian contracts

Sudjana to probe Canadian contracts JAKARTA (JP): Minister of Mines and Energy I.B. Sudjana said the government would thoroughly investigate Canadian mining contractors who have applied for seventh generation contracts of work (COWs) in order to prevent such scams like the Busang scandal.

Extension workers need motorbikes

Extension workers need motorbikes KENDARI, S.E. Sulawesi: Agriculture extension officers in four regencies have not received an allocation of motorcycles which they need for work, Antara said.The motorcycles had already been dispatched by the Ministry of Agriculture in Jakarta to the four...