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Fri, 20 Nov 1998
Govt to sell bankers' assets through IPO
Govt to sell bankers' assets through IPO JAKARTA (JP): Some of the fixed assets in the form of companies surrendered by owners of troubled banks to the government to repay debts will be sold through initial public offerings (IPOs) in the capital market, said chairman of the Indonesian Bank...
Fri, 20 Nov 1998
Violence cost the city Rp 16 billion
Violence cost the city Rp 16 billion JAKARTA (JP): The city suffered Rp 16.46 billion (US$2.35 million) in financial losses during last week's upheavals, Governor Sutiyoso said on Thursday.The tally accounts for the damage, burning and looting of 123 city-owned and private properties (Rp 14.
Fri, 20 Nov 1998
Natsteel boosts RI presence
Natsteel boosts RI presence SINGAPORE (Dow Jones): Government-linked NatSteel Ltd. (P.NTS) said it has invested S$3.22 million to raise its stake in two brick companies to 65% each.Natsteel said it is paying S$2.12 million to raise its stake by 23 percent in Indonesia's PT Sidu Batu Bata Industri.
Fri, 20 Nov 1998
Nine companies chosen to import iodized salt
Nine companies chosen to import iodized salt JAKARTA (JP): The government has appointed nine companies to import iodized salt to meet a shortfall on the domestic market, Minister of Industry and Trade Rahardi Ramelan said here on Thursday.
Fri, 20 Nov 1998
RI firms join Prague fair
RI firms join Prague fair JAKARTA (JP): Six Indonesian companies took part in a tourism fair called Madi Travel Trade Market, held in Prague, Czech Republic, from Nov. 10 to Nov. 12, the Indonesian Embassy in Prague said on Wednesday.The head of the embassy's economic department, Wisnu E.
Fri, 20 Nov 1998
Political stability crucial for economic recovery
Political stability crucial for economic recovery JAKARTA (JP): Domestic and foreign analysts speaking at a business conference here on Thursday have stressed the crucial role of political stability and a legitimate government to bolster Indonesia's economic recovery.
Fri, 20 Nov 1998
Sutiyoso backs military officers' appointment
Sutiyoso backs military officers' appointment JAKARTA (JP): Governor Sutiyoso on Thursday defended the appointment of five new military officers to the city's top positions next week, arguing that their assignment "had been processed a long time ago".
Fri, 20 Nov 1998
Truck driver found dead
Truck driver found dead TANGERANG (JP): A truck driver from yarn manufacturer PT Tifico was found dead on Wednesday night apparently after being stabbed by one of his colleagues at the firm's compound on Jl. Raya Serpong here.
Fri, 20 Nov 1998
Presence of ABRI in DPR
Presence of ABRI in DPRFrom Sinar PagiArticle 19 of the 1945 Constitution states that "The composition of the House of Representatives (DPR) shall be stipulated in a law." On the basis of this article, the DPR's composition is flexible in accordance with the constitutional need in a certain period.
Fri, 20 Nov 1998
Foreign observers allowed to monitor 1999 election
Foreign observers allowed to monitor 1999 election JAKARTA (JP): The United Nations and other international observers will be allowed to monitor Indonesia's general election next year, President B.J. Habibie said on Thursday.
Fri, 20 Nov 1998
Cost of divorce hits estranged couples
Cost of divorce hits estranged couples BOGOR (JP): Just like marriage itself, getting through the official procedure to end a union requires shelling out big bucks, or so say residents of Bogor.According to a father who helped his daughter process her divorce lawsuit, he even had to bribe officials...
Fri, 20 Nov 1998
Independent team set up to help govt manage firms
Independent team set up to help govt manage firms JAKARTA (JP): The office of the Ministry for the Empowerment of State Enterprises has set up an independent team to help the government in managing state companies.
Fri, 20 Nov 1998
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Nov. 19, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,450.00 7,650.00 7,450.00 7,750.00Austrian schilling 1 597.20 667.20 - -Australian dollar 1 4,726.90 4,986.90 4,718.00 5,068.00Belgian franc 1 201.
Fri, 20 Nov 1998
Unicef needs $18 million to help Indonesian infants
Unicef needs $18 million to help Indonesian infants JAKARTA (JP): The nutrition section chief of the United Nations Children Fund (Unicef), Roger Shrimpton, says that the international body needs at least US$18 million to protect millions of under-two-year-olds facing malnutrition during the...
Fri, 20 Nov 1998
Lady, please refrain yourself!
Lady, please refrain yourself! On Nov. 16 evening, state-owned TVRI and the other TV stations aired a talk show featuring three gentlemen and two ladies that TVRI considered societal figures. I have never been so frustrated and disgusted after listening to most of what was discussed during this...
Fri, 20 Nov 1998
Artists to stage exhibit in Kuwait
Artists to stage exhibit in Kuwait DENPASAR, Bali: Seven Indonesian artists are to hold a two- week exhibit of their works in Kuwait at the invitation of the Kuwaiti government, Antara reported on Thursday.
Fri, 20 Nov 1998
Mahathir under fire at APEC
Mahathir under fire at APEC In an earlier article, The Jakarta Post's Asia correspondent Harvey Stockwin argued that the Asia Pacific Economic Cooperation forum (APEC) leaders should quietly rebuke Malaysian Prime Minister Mahathir Mohamad's authoritarianism by staying away from the Kuala Lumpur...
Thu, 19 Nov 1998
Another Moslem cleric killed by mob in Demak
Another Moslem cleric killed by mob in Demak SEMARANG, Central Java (JP): A Moslem cleric was killed by a mob in Demak, Central Java, for being suspected of practicing black magic.The victim, Suliman, 55, died Monday at about 9:30 p.m. in Tambakroto village, Sayung district.
Thu, 19 Nov 1998
Govt appoints nine new cellular phone providers
Govt appoints nine new cellular phone providers JAKARTA (JP): The government has appointed nine companies to operate the Digital Cordless System and the Personal Handy-Phone Service in six areas of the country, the Ministry of Communications announced on Wednesday.
Thu, 19 Nov 1998
APEC addresses crisis
APEC addresses crisis The sixth APEC summit near Kuala Lumpur, Malaysia, though failing to reach agreement on a US$1.5 trillion deal to fast- track nine key areas of trade, its core program, is by no means a disappointment, given the twist of events preceding the gathering of the 21 developed and...
Thu, 19 Nov 1998
LNG exports to S. Korea and Japan to decrease
LNG exports to S. Korea and Japan to decrease JAKARTA (JP): State oil and gas company Pertamina estimates its liquefied natural gas (LNG) exports will decrease by 4.2 percent this year following a slump in demand by South Korea and Japan amid the monetary crisis.
Thu, 19 Nov 1998
Kusnadi's dream laid to rest after bullet leaves him in coma
Kusnadi's dream laid to rest after bullet leaves him in comaBy Ivy Susanti JAKARTA (JP): Engkus Kusnadi's dream of becoming an architect came to an abrupt halt when a bullet hit his head during last Friday's shooting spree on Jl. Sudirman. He has been in a coma ever since.
Thu, 19 Nov 1998
A plot to topple the government?
A plot to topple the government? A number of people gathered in a plush hotel room. There, under the glare of television spotlights, they made public an 18- point proposition to be televised nationwide, openly.
Thu, 19 Nov 1998
Indosat hikes international call rates up to 50 percent
Indosat hikes international call rates up to 50 percent JAKARTA (JP): Publicly listed international telecommunications provider PT Indosat announced on Wednesday that it would raise international telephone rates between 4 percent and 50 percent effective on Nov. 25.
Thu, 19 Nov 1998
Five students still missing
Five students still missing JAKARTA (JP): At least five university students are considered missing after the bloody Friday the 13th incident at Semanggi, a representative of a student organization said."As of 3 p.m.
Thu, 19 Nov 1998
Don't incite hatred, ITB professors say
Don't incite hatred, ITB professors say JAKARTA (JP): The professors of Bandung Institute of Technology called for restraint among community leaders and the government, asking that they refrain from using provocative terms such as "treason" and "mastermind".
Thu, 19 Nov 1998
Restaurant employees in a stew over dismissal
Restaurant employees in a stew over dismissal JAKARTA (JP): Thirty employees of a Japanese restaurant on Jl. Melawai in South Jakarta visited the Jakarta Legal Aid Institute on Wednesday to seek legal advice over their dismissal.
Thu, 19 Nov 1998
SE Asian currencies static; Fed cut has little impact
SE Asian currencies static; Fed cut has little impact SINGAPORE (Dow Jones): Southeast Asian currencies marked time on Wednesday, trading sideways through Asian hours.While most traders and analysts regard Tuesday's 25 basis point cut in U.S.
Thu, 19 Nov 1998
Students protest, demand Habibie, Wiranto to quit
Students protest, demand Habibie, Wiranto to quit JAKARTA (JP): The capital on Wednesday witnessed a new wave of street protests by thousands of students after just four days of uneasy calm.Voicing the same demand for the resignation of President B.J.
Thu, 19 Nov 1998
Legislators vow to cut ABRI's DPR seats
Legislators vow to cut ABRI's DPR seats JAKARTA (JP): Legislators vowed on Wednesday to fight to reduce the number of unelected seats allocated to the powerful Armed Forces (ABRI) in the House of Representatives (DPR).
Thu, 19 Nov 1998
Expert warns against moves to gag freedom of the media
Expert warns against moves to gag freedom of the media JAKARTA (JP): A senior media observer urged media workers and the public on Monday to keep an eye out for any moves that could curtail media freedom.Dr.
Thu, 19 Nov 1998
Relatives still seek ferry victims
Relatives still seek ferry victims KOLAKA, Southeast Sulawesi: Dozens of people whose relatives were aboard a ferry which capsized last week were still looking for the latters' whereabouts on Wednesday at search and rescue posts and the local hospital.
Thu, 19 Nov 1998
Gunung Kidul gets water aid
Gunung Kidul gets water aid YOGYAKARTA (JP): The Gunung Kidul regency has been allotted Rp 46.9 billion (US$6.2 million) from the government for the construction of water distribution and storage facilities.The facilities are aimed at 64,125 residents of the unfertile area.
Thu, 19 Nov 1998
TV today
TV todayTVRI 5:30 a.m. Religious Teachings: Hikmah Pagi 6:00 Morning News 6:30 News: Nuansa Reformasi 7:00 Children's Program: Lagu Anak Nusantara 7:30 Cartoon 8:00 Music 8:30 Documantary Film 9:00 Music 9:30 Interval 2:00 p.m.
Thu, 19 Nov 1998
Asiad to pick best athlete
Asiad to pick best athlete JAKARTA (JP): Organizers of December's Asian Games in Bangkok will award US$100,000 to the best performer among the event's competitors.The Most Valued Performance (MVP) Award has been endorsed by the Olympic Council of Asia and the Bangkok Asian Games Organizing...
Thu, 19 Nov 1998
Statement by Mitra Perempuan
Statement by Mitra PerempuanFrom Media IndonesiaObserving current developments in the political situation, we, Indonesian women of Mitra Perempuan, hereby state our deep concern and anxiety.In this reform era where democratic life is our common objective, the situation seems to have deviated to an...
Thu, 19 Nov 1998
30 injured in Ambon clash
30 injured in Ambon clash JAKARTA (JP): Thirty people, mostly students, were hospitalized on Wednesday following a clash with security officers, the second violent encounter this week after seven were hurt on Monday during a demonstration.
Thu, 19 Nov 1998
Lisbon governor in town
Lisbon governor in town JAKARTA (JP): Lisbon Governor Jose Antonio dos Soares met Jakarta Governor Sutiyoso at the City Hall on Wednesday, as a follow-up to their meeting when they attended a conference on sister cities in Rotterdam, the Netherlands, last month.
Thu, 19 Nov 1998
Law and order key to economic cure: Budiono
Law and order key to economic cure: Budiono JAKARTA (JP): National Development Planning Board (Bappenas) Chairman Budiono said on Wednesday that maintaining law and order was essential if the country was to overcome the economic crisis.
Thu, 19 Nov 1998
Drug scandals irk sports chiefs ahead of Asiad
Drug scandals irk sports chiefs ahead of Asiad HONG KONG (Agencies): Drug scandals involving top Asian athletes have forced the continent's sports leaders to draw up emergency plans to counter the growing threat to next month's Asian Games.
Thu, 19 Nov 1998
Marines set ABRI fine example
Marines set ABRI fine exampleBy Andrew Trigg and Haryana Susi Achadiena JAKARTA (JP): Two attitudes were apparent towards the Armed Forces (ABRI) on Saturday Nov. 14, the day after Black Friday.On the day when grief, and the fear of worse to come, hung heavy in the air the Marines were seen being...
Thu, 19 Nov 1998
BI's gross forex reserves up to $22.76b
BI's gross forex reserves up to $22.76b JAKARTA (JP): Bank Indonesia's gross foreign exchange reserves rose by US$985.3 million to $22.76 billion in the week ending Nov. 13 from the previous weekly level, the central bank said on Wednesday.
Thu, 19 Nov 1998
Group protests 'SCTV' gives 'one-sided' reports
Group protests 'SCTV' gives 'one-sided' reports JAKARTA (JP): Around 20 people representing a group calling itself the Islamic Committee for Press Monitoring (KUPP) staged a demonstration outside the offices of SCTV private television station on Wednesday to express their anger at what they saw as...
Thu, 19 Nov 1998
Military involved in 'provoking' student protesters
Military involved in 'provoking' student protesters JAKARTA (JP): The independent Commission for Missing Persons and Victims of Violence (Kontras) asserted on Wednesday that the military was involved in provoking student protesters, leading to at least seven deaths on Friday at the Semanggi...
Thu, 19 Nov 1998
Sigit accepts IBF's doping decision
Sigit accepts IBF's doping decision JAKARTA (JP): Indonesian men's doubles badminton world champion Sigit Budiarto said on Wednesday he had accepted a one- year suspension imposed by the International Badminton Federation (IBF) for failing a dope test.
Thu, 19 Nov 1998
Government to remove subsidies on fertilizers
Government to remove subsidies on fertilizers JAKARTA (JP): The government will gradually remove the subsidies on fertilizers for farmers beginning April next year to avoid rampant malfeasance in the distribution of subsidized fertilizers, Agriculture Minister Soleh Solahuddin said on Wednesday.
Thu, 19 Nov 1998
Cheer over interest rate cut short-lived
Cheer over interest rate cut short-lived SINGAPORE (AFP): The latest U.S. interest rate cut was welcomed as a reassuring sign on Wednesday by most of Asia's stock markets, but profit-taking took a little shine off regional gains.
Thu, 19 Nov 1998
Kontras established in East Timor
Kontras established in East Timor DILI, East Timor: Rights activists launched on Monday the regional office of the Commission for Missing Persons and Victims of Violence (Kontras), Antara reported.Community leaders and youth activists attended the launch of the organization which will seek to...
Thu, 19 Nov 1998
Rupiah firm despite political instability
Rupiah firm despite political instability JAKARTA (JP): The rupiah managed to stay in touch with the 7,000 level against the U.S. dollar on Wednesday, despite the country's political uncertainty.Analysts said the rupiah closed slightly lower at 7,500 against the U.S.
Thu, 19 Nov 1998
200 residents protest over land transfer
200 residents protest over land transfer TANGERANG (JP): At least 200 residents of Parung Serab subdistrict in Ciledug district here protested on Wednesday over an alleged illegal transfer of the 25-hectare plot of land they lived on to private firm PT Cipta Keluarga Tama.