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Thu, 19 Nov 1998
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Nov. 18, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,175.00 7,375.00 7,175.00 7,475.00Austrian schilling 1 577.90 647.90 - -Australian dollar 1 4,465.50 4,725.60 4,435.00 4,785.00Belgian franc 1 193.
Thu, 19 Nov 1998
Barbaric acts
Barbaric acts I'm very disappointed by the barbaric acts committed by the country's military during the Special Session of the People's Consultative Assembly (MPR), which claimed more than a dozen lives. I strongly support the students movement that aims to reform the whole regime.
Thu, 19 Nov 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov.18, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 350 -25 85,000 AHAP Insurance 400 0 0 Alter Abadi 250 0 400,000 Alumindo Light Metal 275 25 236,000...
Thu, 19 Nov 1998
AFF to decide Mursyid's appeal
AFF to decide Mursyid's appeal JAKARTA (JP): The ASEAN Football Federation (AFF) will decide whether to uphold a lifetime ban on Indonesian soccer player Mursyid Effendi during an executive meeting in February in Kuala Lumpur.
Thu, 19 Nov 1998
Seven opposition figures questioned further
Seven opposition figures questioned further JAKARTA (JP): The National Police ignored mounting calls on Wednesday to drop their investigation of government critics and continued to question seven of the 20 opposition figures accused of trying to topple President B.J. Habibie's government.
Thu, 19 Nov 1998
Batik and smiles hide APEC summit brouhaha
Batik and smiles hide APEC summit brouhaha CYBERJAYA, Malaysia (Agencies): Asia-Pacific leaders put on batik shirts and best smiles on Wednesday to brave out their uneasy annual summit in the heart of Malaysia's site for a futuristic high-tech city.
Thu, 19 Nov 1998
UI faculty members say Gen. Wiranto must resign
UI faculty members say Gen. Wiranto must resign JAKARTA (JP): Members of the University of Indonesia faculty, in a moving eulogy to their students slain last Friday in a clash with security personnel at Atma Jaya University, blamed the tragedy on Armed Forces Commander Gen.
Thu, 19 Nov 1998
Differing interests divide Moslems
Differing interests divide Moslems Islamic symbols have become more prominent on the Indonesian political stage in recent weeks. Azyumardi Azra, rector of the Syarif Hidayatullah State Islamic Institute (IAIN) explains why. Question: During the Nov.
Thu, 19 Nov 1998
Text of Asia Pacific Economic Cooperation leaders' statement
Text of Asia Pacific Economic Cooperation leaders' statement KUALA LUMPUR (Dow Jones): Following is the text of the Asia- Pacific Economic Cooperation forum statement, released at the conclusion of the sixth leaders' summit in Kuala Lumpur.
Thu, 19 Nov 1998
252 patients leave Tangerang hospital without paying
252 patients leave Tangerang hospital without paying TANGERANG (JP): At least 252 patients of Tangerang General Hospital ran away before paying their bills in the first 10 months of this year, causing the hospital losses of Rp 159.17 million (US$21,200), an official said on Wednesday.
Thu, 19 Nov 1998
Show your outrage at U.S., Mahathir's party urges
Show your outrage at U.S., Mahathir's party urges KUALA LUMPUR (Agencies): Prime Minister Mahathir Mohamad's political party urged Malaysians on Wednesday to condemn U.S. Vice President Al Gore's sharp attack on the government.
Thu, 19 Nov 1998
Obituary
Obituary Wilhelmus Bokha, a labor activist and chairman of the Indonesian Workers' Party, died of kidney failure at the St. Carolus Catholic Hospital early Wednesday.Bokha, who was born in Maumere, Flores, on June 15, 1947, won popularity among workers for his outspokenness against government's...
Thu, 19 Nov 1998
ABRI role in city must be reduced
ABRI role in city must be reduced JAKARTA (JP): Senior city officials -- including those with a military background -- councilors and an NGO activist have joined the chorus on the plan to reduce the size of the Armed Forces (ABRI) representation in the Jakarta administration.
Thu, 19 Nov 1998
Police say clashes were provoked
Police say clashes were provoked JAKARTA (JP): Agents provocateurs incited students and the masses to attack security forces before the bloody clash in Jakarta last Friday, National Police chief. Lt. Gen. Roesmanhadi announced on Tuesday.
Thu, 19 Nov 1998
Civil servants still awaiting pay
Civil servants still awaiting pay MAUMERE, East Nusa Tenggara (JP): Hundreds of civil servants in the province have yet to get their pay following a clash on Nov. 5 which led to many people fleeing their homes, including administration cashiers.
Thu, 19 Nov 1998
Bravo Indonesia!
Bravo Indonesia! Bravo Indonesia! It may seem that after so many deaths on "Black Friday" Indonesia has little to celebrate; but that is wrong.Between 11 p.m. and midnight on that fateful day we visited the Semanggi area. First we encountered a large group of students just south of Jl. Asia Afrika.
Thu, 19 Nov 1998
An appeal to 'Bapak' Soeharto
An appeal to 'Bapak' Soeharto Indonesia is the largest Moslem country in the world, and as such it is of enormous interest to all Moslems, including myself. The events surrounding the last day of the Special Session of the People's Consultative Assembly (MPR) -- both inside the Assembly and outside...
Wed, 18 Nov 1998
Shootings stem from policy disintegration
Shootings stem from policy disintegration The nation reeled in horror when security personnel shot to death several demonstrators protesting the Special Session of the People's Consultative Assembly (MPR) in Jakarta last week.
Wed, 18 Nov 1998
Malaysian Open to join with European tour
Malaysian Open to join with European tour KUALA LUMPUR (AFP): The Malaysian Open will next year be part of the European and Asian golf tours, organizers announced Tuesday hailing the move as a major step for the Asian PGA Tour.Next year's Open, starting Feb.
Wed, 18 Nov 1998
SE Asian currencies climb in run-up to U.S. Fed meeting
SE Asian currencies climb in run-up to U.S. Fed meeting SINGAPORE (Dow Jones): Southeast Asian currencies were stronger against the U.S. dollar in late trading Tuesday, as a hoped-for U.S. interest rate cut, news of a Japanese debt rating downgrade and domestic issues pushed the baht, Singapore...
Wed, 18 Nov 1998
Hanoi meet to vote on Cambodia
Hanoi meet to vote on Cambodia KUALA LUMPUR (AFP): Cambodia's admission to the Southeast Asian bloc is to be decided at the ASEAN summit in Hanoi next month, Malaysia's foreign minister was quoted as saying on Tuesday.
Wed, 18 Nov 1998
Problems facing Indonesia
Problems facing Indonesia According to your article of Nov. 15 "Many seek Wiranto's resignation," following the killings on Friday, Nov. 13, Gen. Wiranto was responsible for the antidemonstration bill and the deployment of armed civilian guards, which guaranteed a confrontation, and for stationing...
Wed, 18 Nov 1998
Police foil burglary, man shot
Police foil burglary, man shot JAKARTA (JP): Police shot and wounded a man when he resisted arrest after attempting to burglarize an office on Jl. Bendungan Hilir in Central Jakarta on Tuesday.His three accomplices escaped during the raid, Tanah Abang police precinct head Capt. R. Sigit Th.
Wed, 18 Nov 1998
Habibie's credibility
Habibie's credibility The botched handling of student protests that led to last week's Black Friday has further eroded what little credibility President B.J. Habibie and his government has. Yet, in the absence of constitutional legitimacy, credibility is the only thing that Habibie has going for...
Wed, 18 Nov 1998
U.S. and Japan offering $10 billion in aid to Asia
U.S. and Japan offering $10 billion in aid to Asia KUALA LUMPUR (Reuters): U.S. President Bill Clinton and Japanese Prime Minister Keizo Obuchi announced a US$10 billion initiative on Monday to help restore growth in crisis-stricken Asia by helping ailing banks and companies restructure.
Wed, 18 Nov 1998
Habibie to announce probe results this week
Habibie to announce probe results this week JAKARTA (JP): President B.J. Habibie will announce the result of the probe into last week's bloody incident which left 15 dead, Minister/State Secretary Akbar Tandjung disclosed on Monday.
Wed, 18 Nov 1998
Singapore no 1 business city
Singapore no 1 business city SINGAPORE (DPA): International business magazine Fortune has ranked Singapore as Asia's top city for doing business, magazine staff said Tuesday.Singapore moved up to the top slot in 1998 from third place a year ago, when it trailed Kuala Lumpur and Sydney.
Wed, 18 Nov 1998
Asia Pulp & Paper buys back its own debt
Asia Pulp & Paper buys back its own debt NEW YORK (Bloomberg): One of Indonesia's wealthiest families is taking advantage of the crash in Asia's bond markets to buy securities of Asia Pulp & Paper Ltd., a company it controls.Sinar Mas Group, through a company it controls called APP Global Ltd.
Wed, 18 Nov 1998
APEC ministers' joint statement
APEC ministers' joint statement KUALA LUMPUR (Reuters): The following is the text of the joint statement issued by ministers from 21 economies of the Asia Pacific Economic Cooperation (APEC) forum in Kuala Lumpur at the end of their two-day meeting on Sunday:1.
Wed, 18 Nov 1998
Unrest may derail RI recovery
Unrest may derail RI recovery JAKARTA (JP): The deadly protests and riots shaking the city last week would derail economic recovery in the country, experts said on Tuesday.Sri Mulyani Indrawati, an economist at the University of Indonesia, said the bloody protests and riots had created market...
Wed, 18 Nov 1998
Students taking break to plan further action
Students taking break to plan further action JAKARTA (JP): In honor of the Ascension Day of Prophet Muhammad on Tuesday, students across the country took a break from demonstrations.Students were however planning further action, and in Jakarta they were checking on injured colleagues at hospitals.
Wed, 18 Nov 1998
Moment of glory eludes defiant Mahathir
Moment of glory eludes defiant MahathirBy Peter Starr KUALA LUMPUR (AFP): Malaysian Prime Minister Mahathir Mohamad found himself at the center of an international storm over the jailing of his ousted deputy at Tuesday's Asia-Pacific summit which should have been his moment of triumph.
Wed, 18 Nov 1998
Forty escape prison in N. Sumatra
Forty escape prison in N. Sumatra MEDAN, North Sumatra: Some 40 inmates escaped prison in Labuhan Deli, about 30 km south of the North Sumatra capital of Medan, Sunday morning, leaving behind four warders wounded.
Wed, 18 Nov 1998
Muladi released from hospital
Muladi released from hospital BATAM, Riau: Minister of Justice Muladi was released from Gleneagles hospital in Singapore Monday after spending a few days there as a patient, Antara said here on Monday.Quoting unidentified sources, the news agency said Muladi, however, had to stay in a hotel in...
Wed, 18 Nov 1998
APEC business chiefs back aset-backed Asia bonds
APEC business chiefs back aset-backed Asia bonds KUALA LUMPUR (Bloomberg): Business leaders attending the Asia- Pacific Economic Cooperation forum in Malaysia on Tuesday called for government support for collateral-backed bonds to channel capital to the region's cash-starved companies.
Wed, 18 Nov 1998
New Tangerang mayor installed
New Tangerang mayor installed TANGERANG (JP): West Java Governor H.R. Nuriana installed on Monday Mochammad Thamrin, a former secretary to the Tangerang administration, as the new Tangerang mayor to serve for the 1998/2003 period.
Wed, 18 Nov 1998
RP rebels seize two villages
RP rebels seize two villages ZAMBOANGA, Philippines (AFP): Separatist guerrillas have seized control of two southern Philippine villages and are extorting money from motorists, a military spokesman said on Tuesday.
Wed, 18 Nov 1998
10 oil contracts awarded to foreign and local firms
10 oil contracts awarded to foreign and local firms JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto awarded on Monday 10 contracts to foreign and local contractors for the exploration and development of oil and gas resources in the country.
Wed, 18 Nov 1998
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Nov. 16, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,775.00 7,975.00 7,775.00 8,075.00Austrian schilling 1 625.25 695.25 - -Australian dollar 1 4,877.00 5,137.00 4,880.00 5,230.00Belgian franc 1 207.
Wed, 18 Nov 1998
Govt approves int't call rate increase: Report
Govt approves int't call rate increase: Report JAKARTA (JP): Without any prior publicity, the government has approved an increase in international call and telex rates, effective on Nov. 15, Antara reported on Tuesday.
Wed, 18 Nov 1998
Leaders warn Moslems over 'provocation
Leaders warn Moslems over 'provocation JAKARTA (JP): Thousands of people attended a gathering on Monday at the Al Azhar mosque in South Jakarta to hear speeches by renown Moslem leaders on Monday.Meanwhile on Tuesday the Senayan Sports Stadium was packed as the chairman of the rising Crescent and...
Wed, 18 Nov 1998
123 buildings, 70 vehicles damaged in Saturday's unrest
123 buildings, 70 vehicles damaged in Saturday's unrest JAKARTA (JP): At least 123 buildings and 70 vehicles were damaged during mass looting and burning in the city on Saturday following bloody clashes between demonstrating students and security officers, according to data of the city...
Wed, 18 Nov 1998
Police say no arson in Sahid Jaya fire
Police say no arson in Sahid Jaya fire JAKARTA (JP): Fire damaged the facade of the main building of the five-star Sahid Jaya Hotel on Jl. Jend. Sudirman, Central Jakarta, on Monday evening.No casualties were reported but many guests and hotel employees scattered in panic.
Wed, 18 Nov 1998
Students call for Wiranto resignation nation-wide
Students call for Wiranto resignation nation-wide JAKARTA (JP): Demonstrations continued nationwide on Monday to demand Armed Forces' accountability for the arbitrary shooting of protesters in Jakarta. Tens of thousands of students also demanded an end to the Armed Forces' (ABRI) dual role doctrine...
Wed, 18 Nov 1998
Tabloid?
Tabloid? During these troubled times, the "Your Letters" column should receive many readers' comments, so I will keep this letter short.Mind you, it is due to my fondness for The Jakarta Post that this criticism is being written. After all, I have read your paper for years.
Wed, 18 Nov 1998
RP's trade deficit falls 88%
RP's trade deficit falls 88% MANILA (AFP): The Philippines' trade deficit shrank 88.6 percent in the nine months to September while total trade fell 1.1 percent in the same period, the National Statistics Office said Tuesday.
Wed, 18 Nov 1998
Govt finds more evidence of Soeharto's wealth
Govt finds more evidence of Soeharto's wealth JAKARTA (JP): The Jambi office of the National Land Agency has uncovered evidence of former president Soeharto's allegedly ill- gotten wealth worth Rp 122.4 billion (US$15.
Wed, 18 Nov 1998
China and RP try to reduce tensions in Spratlys rift
China and RP try to reduce tensions in Spratlys rift KUALA LUMPUR (AP): The leaders of China and the Philippines gave their support on Tuesday to a plan designed to reduce tensions caused by their dispute over a reef in the South China Sea.
Wed, 18 Nov 1998
No plans to shut Japanese car plants in crisis-ridden ASEAN
No plans to shut Japanese car plants in crisis-ridden ASEAN SINGAPORE (AFP): Auto sales in key Southeast Asian markets could plunge to 400,000 units this year and take up to five years to rebound, but Japanese makers have no plans to close down plants, an industry spokesman said on Tuesday.
Wed, 18 Nov 1998
Australia to help crisis-hit nations
Australia to help crisis-hit nations CANBERRA (Dow Jones): The Australian government on Monday said it will spend A$50 million over three years to assist members of the Asia-Pacific Economic Cooperation forum hurt by the regional economic crisis, for strengthening their economic and financial...