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Loan

LoanCORRECTION: The amount of the transferable loan facility stated in yesterday's caption on Bimantara on this page should have read US$80 million instead of US$800 million. We apologize for the error. -- Editor

President reiterates pledge to help children

President reiterates pledge to help children JAKARTA (JP): President Soeharto reiterated yesterday the government's commitment to improving children's standard of living and education.When addressing a young crowd commemorating Children's Day at Taman Mini Indonesia Indah, the President said he was...

Garuda and KLM to boost cooperation

Garuda and KLM to boost cooperation JAKARTA (JP): The national flag carrier Garuda Indonesia and the Dutch airline KLM have agreed to strengthen their cooperation in management, technology and crew training, Antara reported yesterday.

Taxi meter

Taxi meter Last month I was shopping at Hero Kemang, South Jakarta, and asked one of the packing boys to call a taxi for me. Because I was busy in the shoe repair shop, I did not see the taxi arrive but my bags were put inside the car.The taxi was a very old, run down and dirty car.

Where to go in Jakarta:

Where to go in Jakarta:Music * Planet Hollywood, Jl. Gatot Subroto Kav. 16, South Jakarta, Music Hours, Wednesday to Sunday, 9.30 p.m. onwards: Tricia Tahara, an American Singer. Top Classic Rock Music, every Thursday. Flashback night features old time favorite songs, every Friday. * Jamz, Jl.

Presidential election will be safe: Wiranto

Presidential election will be safe: Wiranto SURABAYA (JP): Army Chief Gen. Wiranto said yesterday that security ahead of the 1998 presidential election was guaranteed.The election of the president by the People's Consultative Assembly is scheduled for March next year.

Local players progress easily at Governor Cup

Local players progress easily at Governor Cup JAKARTA (JP): Indonesia's Southeast Asian (SEA) Games tennis players had no trouble in the second round of the Governor Cup Tennis Women's Satellite tournament yesterday.

Bus driver mobbed to death

Bus driver mobbed to death JAKARTA (JP): A bus driver was found dead in Pondok Kopi, East Jakarta, yesterday, possibly after he was mobbed by other bus drivers, City Police spokesman Lt. Col. E. Aritonang said yesterday.

Call for investment promotion outside Java

Call for investment promotion outside Java JAKARTA (JP): Coordinating Minister for Production and Distribution Hartarto urged the Investment Coordinating Board (BKPM) yesterday to facilitate flows of foreign investments outside Java and Bali.

Ramos looking to control population

Ramos looking to control population MANILA (AFP): President Fidel Ramos called yesterday for a stepped up campaign to curb population growth in the Philippines, saying birth control was the only viable way to reduce poverty.

Indonesian children: The echo of lost voices

Indonesian children: The echo of lost voicesText and photos by Agus Y. Ranu JAKARTA (JP): It is often said that children own the future. Challenging this is the wreckage of dreams in instances of exploitation, molestation, rape and street violence.

Sumarah pioneers ceramic art studies

Sumarah pioneers ceramic art studiesBy Irawati Wisnumurti JAKARTA (JP): Sumarah Adhyatman, a self-taught ceramics enthusiast, has emerged as Indonesia's ceramic expert whose books on Indonesian ceramics and beads have become national treasures as the first of their kind.

Art Agenda

Art AgendaArt Exhibition: Latin America and Caribbean at Galeri Cipta II, Taman Ismail Marzuki, Jl. Cikini Raya No. 73, Central Jakarta; July 24-30This unique exhibition features paintings of renowned and promising contemporary Latin American and Caribbean artists.

ASEAN ignores Hun Sen's call for int'l recognition

ASEAN ignores Hun Sen's call for int'l recognition PHNOM PENH (Agencies): Cambodian strongman Hun Sen appealed to the international community Wednesday to recognize his leadership, but failed to sway his Southeast Asian neighbors.

Can we avoid a 'debt trap'?

Can we avoid a 'debt trap'?By Aleksius Jemadu BANDUNG (JP): Foreign debt has been an important source of funds for the New Order's economic development. In the last two decades, Indonesia's foreign debt has increased rapidly and is estimated to be more than US$100 billion.

Ardy jumps 10 spots in world badminton rankings

Ardy jumps 10 spots in world badminton rankings JAKARTA (JP): Indonesian veteran Ardy B. Wiranata ranking has jumped from 19th to ninth after his win in the Indonesian Open last week in Surakarta, Central Java.It was his second win this year after the Swedish Open in March.

Asia-Pacific postal seminar

Asia-Pacific postal seminar JAKARTA (JP): Directorate General of Post and Telecommunications and the state-owned postal service PT Pos Indonesia will hold a seminar on Asia-Pacific's postal services on July 28 and July 29, 2005.

Rupiah devaluation not needed

Rupiah devaluation not needed Much apprehension has been created in the past few days by maneuvers made by foreign exchange speculators. After having upset the Thai, Philippine and Malaysian currencies those speculators have also tried to pressure our monetary system.

Tanah Abang vendors jailed for rioting

Tanah Abang vendors jailed for rioting JAKARTA (JP): Three sidewalk vendors each received a one-year jail term yesterday for their role in the Tanah Abang market riot in January.Central Jakarta District Court found Yafrizal, 24, Ade Komarudin, 24, and Ari Yanto, 18, guilty of violating Article 170...

Golkar and PPP in barter deal on commission chiefs

Golkar and PPP in barter deal on commission chiefs JAKARTA (JP): Golkar and the United Development Party (PPP) will likely barter for the chairmanship of the City Council's Commission C on financial affairs, which was held by PPP for several office terms.

Legislators upbeat on manpower bill deadline

Legislators upbeat on manpower bill deadline JAKARTA (JP): All four factions of the House of Representatives are confident that deliberation of the manpower bill will be completed by the Sept. 15 deadline.

SE Asian currencies on slippery ground

SE Asian currencies on slippery ground SINGAPORE (Reuter): Southeast Asian currencies remained on slippery ground yesterday after coming under renewed pressure as the Thai baht slid to new lows.Poor market liquidity and wide spreads added to market volatility as players turned increasingly nervous...

Major reshuffle at City Police

Major reshuffle at City Police JAKARTA (JP): City Police have conducted a major reshuffling of its organization, involving 13 positions which will be filled by new officers.City Police spokesman Lt. Col. E.

Call for early detection of children's kidney problems

Call for early detection of children's kidney problems JAKARTA (JP): Indonesia needs an early detection system for kidney problems in children and an integrated medical program for doctors, an expert in child nephrology said yesterday.

Shanghai meeting hailed as Asian 'G-7'

Shanghai meeting hailed as Asian 'G-7' SINGAPORE (Reuter): A meeting of Asian central bankers in Shanghai on Friday is being hailed as the region's 'G-7' by foreign exchange dealers in the wake of weeks of the recent currency turmoil.In a still jittery market keen to hold U.S.

UN official seeks information on E. Timor

UN official seeks information on E. Timor JAKARTA (JP): A United Nations official met some members of the National Commission on Human Rights yesterday to gather information on conditions in East Timor.

Officials have mixed reactions to Salim's plan

Officials have mixed reactions to Salim's plan JAKARTA (JP): Officials gave mixed reactions yesterday to the Salim Group's plan to sell giant PT Indofood Sukses Makmur to tiny QAF Ltd incorporated in Singapore.

RP army leaves captured camp

RP army leaves captured camp RAJAMUDA, Philippines (AFP): The Philippine army withdrew from a Moslem guerrilla base here yesterday as a gesture to convince the insurgents to resume peace talks, military officials said.

Pino Bahari has slim chance of joining SEA Games squad

Pino Bahari has slim chance of joining SEA Games squad JAKARTA (JP): Indonesian light heavyweight boxer Pino Bahari chances of joining the national squad for the 19th Southeast Asian (SEA) Games are slim after losing at the 18th President Cup championships.

RP issues decrees to curb peso speculation

RP issues decrees to curb peso speculation MANILA (AFP): Philippine monetary authorities issued a new set of guidelines to banks yesterday to curb renewed speculation on the peso, which opened 0.8 percent lower against the dollar.

Two arrested for sand quarrying

Two arrested for sand quarrying JAKARTA (JP): Police have arrested two men accused of coordinating a massive operation to quarry sand on one of the Thousand Islands in Jakarta Bay.City Police spokesman Lt.Col. E.

New ASEAN members present tariff cut list

New ASEAN members present tariff cut list PETALING JAYA, Malaysia (JP): Laos and Myanmar submitted yesterday a list of nearly 3,000 products to be included in the list for the ASEAN Free Trade Area (AFTA) just moments after they were admitted as the newest members of the grouping.

Freeport Copper mill expansion plan 'on schedule'

Freeport Copper mill expansion plan 'on schedule' NEW ORLEANS (Reuter): Freeport-McMoRan Copper & Gold Inc said yesterday the fourth concentrator mill expansion undertaken by its principal mining unit, P.T.

Ranariddh meets Soeharto

Ranariddh meets Soeharto JAKARTA (JP): President Soeharto met ousted Cambodian First Prime Minister Prince Norodom Ranariddh last night at his Jl. Cendana residence.During their 45-minute meeting, Soeharto was accompanied by the Ministry of Foreign Affairs' secretary-general, Abdul Irsan.

Acquisition angle

Acquisition angle I would like to make the following comments on Kwik Kian Gie's remarks on Salim Group's acquisition plan published in this paper (Salim group urged not to shift assets overseas, July 21, page 1).

Busang gold scam details uncovered

Busang gold scam details uncovered NEW YORK (AP): Ingredients for one of the world's biggest gold scams: one pool table, lots of crushed rock, and just 60 ounces (1.7 kilograms) of the precious metal.Private investigators have pieced together how a geologist for Bre-X Minerals Ltd.

House wraps up environment bill

House wraps up environment bill JAKARTA (JP): The House of Representatives has finished deliberating the government-sponsored environment bill and is expected to pass it into law early next month.The government and legislators from the three parties said yesterday they had agreed on several...

Soros denies role in SE Asia currency snag

Soros denies role in SE Asia currency snag KUALA LUMPUR (AP): Billionaire George Soros, well known for his speculative plays in global currency markets, denies that he is to blame for Southeast Asia's recent currency problems.Malaysian Prime Minister Mahathir Mohamad accused the U.S.

Egypt-Indonesia

Egypt-IndonesiaCorrection: The Treaty of Friendship and Cordiality between Indonesia and Egypt was signed on June 25, 1947, not June 25, 1957 as appeared on this page yesterday. We regret the error. -- Editor

Rubber trade slows down

Rubber trade slows down SINGAPORE (Reuter): Trading in the Singapore rubber market dried up yesterday due to uncertainty over what will happen next in Southeast Asia's volatile financial markets, dealers said."The currency problems in the region drove people out of the market.

Where to go in Bandung:

Where to go in Bandung:Music and Entertainment * Holiday Inn, Jl. Ir. H. Juanda 33, Bandung: - Kebun Bambu Restaurant: Guitar performance, Friday and Saturday, 7.45 p.m. to 10.15 p.m. - Braga Bar and Lounge: Jazz live entertainment at 7.30 p.m. to 11.

Three prosecutors demoted in Maluku

Three prosecutors demoted in Maluku AMBON, Maluku: Three prosecutors will be demoted for administrative violations, a press report said yesterday.The Maluku prosecutors office has also postponed the regular promotion of three court staff for a year for similar offenses, Antara reported.

ASEAN ministers firm on keeping Cambodia out

ASEAN ministers firm on keeping Cambodia outBy Santi WE Soekanto PETALING JAYA, Malaysia (JP): ASEAN foreign ministers stuck to their guns yesterday and decided not to include Cambodia into the organization, despite the latter's last-minute demand for admission.

Jakarta in need of underground mapping

Jakarta in need of underground mapping JAKARTA (JP): Jakarta is badly in need of underground mapping to enable the city to utilize its land for underground construction, an official said yesterday."In a very short time we will not be able to build anything on the ground in the city, which covers an...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 23, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 1,125 -25 49,500 AHAP Insurance 2,500 0 10,000 Alter Abadi 1,050 25 82,500 Alumindo Light Metal 1,375 0...

Acting Malaysian PM back in Mahathir's shadow

Acting Malaysian PM back in Mahathir's shadowBy Bill Tarrant KUALA LUMPUR (Reuter): Malaysia's Acting Prime Minister Anwar Ibrahim resumes his role of heir apparent with the return home of his boss on Tuesday after two months leave abroad.

TV today

TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Family Matters 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Flora and Fauna: Pesona Flora 5:00 Arabic Lessons 5:30 Children's Drama: Sang Penipu 6:00 News:...

Bank Mayapada to float 65m shares

Bank Mayapada to float 65m shares JAKARTA (JP): Bank Mayapada plans to float 65 million new shares to the public next month to raise Rp 32.5 billion (US$12.7 million) in fresh funds.The bank's president Haryono Tjahjarijadi said at a public presentation yesterday that the bank would use 85 percent...

Hino to launch truck joint venture in RI

Hino to launch truck joint venture in RI TOKYO (AFP): Japan's largest truck maker, Hino Motors Co. Ltd., plans to launch a joint venture company (JVC) in Indonesia early next year to manufacture and sell trucks with Japanese and Indonesian partners, a spokesman said yesterday.

'Captain Ecstasy' to face tribunal

'Captain Ecstasy' to face tribunal YOGYAKARTA: A police captain detained for allegedly possessing 360 Ecstasy tablets may be court martialled, according to the local military chief.Maj. Gen. Mardiyanto, chief of the Diponegoro regional military command who oversees security in Central Java and...