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Wed, 11 Nov 1998
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Nov. 10, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,600.00 8,700.00 8,600.00 8,850.00Austrian schilling 1 684.50 754.50 - -Australian dollar 1 5,282.70 5,542.70 5,260.00 5,635.00Belgian franc 1 229.
Wed, 11 Nov 1998
Gulf goes on operating S. Sumatran project
Gulf goes on operating S. Sumatran project JAKARTA (JP): Oil and gas company Gulf Indonesia Resources, a subsidiary of Canada's Gulf Resources, is continuing the operation of a natural gas project in the Corridor block of South Sumatra despite a local court's provisional order for the company to...
Wed, 11 Nov 1998
Inside-out way of fashion
Inside-out way of fashion It seems to me that what we are, as a nation, currently facing acute problems which have originated from our nation's mentality. To describe the "illness", I would express it simply as wearing one's clothes inside-out.
Wed, 11 Nov 1998
For or against
For or againstFrom Pikiran RakyatThe Attorney General's Office clearly and firmly "conferred" the status of suspect on Arifin Panigoro, who, it said, was involved in practices of corruption, collusion and nepotism (KKN) that caused the state to lose billions of rupiah.
Wed, 11 Nov 1998
Golkar's arrogance
Golkar's arroganceFrom MerdekaObserving the recent polemics, particularly Sarwono Kusumaatmadja's comments in Merdeka on Nov. 5, 1998, on a difference of opinion between Marzuki Darusman and Akbar Tandjung, chairman of Golkar, I would like to express the following opinions:1.
Tue, 10 Nov 1998
Superstars embark on Super Tour
Superstars embark on Super Tour HONG KONG (Agencies): The golf superstars on the US$150,000 Johnnie Walker Super Tour are approaching top form as they prepare to tee-off in Johor Bahru, Malaysia on Tuesday for the first of four rounds in four different countries in only six days.
Tue, 10 Nov 1998
Media pushes for MPR decree on right to info
Media pushes for MPR decree on right to info JAKARTA (JP): Members of the media, bolstered by legislators and researchers, are campaigning to have the People's Consultative Assembly (MPR) issue a decree during its special session on the right to information and freedom of the press.
Tue, 10 Nov 1998
Rates for tax payment, valid from Nov. 9 to Nov. 15
Rates for tax payment, valid from Nov. 9 to Nov. 15 U.S. dollar 1 Rp 7,850.00Austrian schilling 1 671.51Australian dollar 1 4,896.83Belgian franc 1 229.73Canadian dollar 1 5,122.35Swiss franc 1 5,746.71Deutschemark 1 4,705.95Danish krone 1 1,243.62French franc 1 1,412.50Poundsterling 1 13,019.
Tue, 10 Nov 1998
ABRI sociopolitical wing reorganized
ABRI sociopolitical wing reorganized JAKARTA (JP): The Armed Forces (ABRI) headquarters has announced a structural reorganization of its sociopolitical division, exactly one day ahead of the opening of the Special Session of the People's Consultative Assembly (MPR).
Tue, 10 Nov 1998
Adam Malik, 3 freedom fighters declared heroes
Adam Malik, 3 freedom fighters declared heroes JAKARTA (JP): President B.J. Habibie inaugurated on Monday the late Adam Malik, a former minister of foreign affairs and vice president, and three other independence fighters as national heroes in a ceremony to mark National Heroes Day.
Tue, 10 Nov 1998
TV today
TV todayTVRI 6:00 a.m. Morning News 7:00 Music 7:30 News: Nuansa Reformasi 8:00 Music 8:15 Talk Show: Dialog 9:00 News Break 9:10 Music 10:00 Live reports: Sidang Istimewa MPR 12:00 p.m. News 12:20 TV Drama: Bulan Masih Ada 2:00 News: Berita 14 2:35 Children's Film: The Big Valley 3:05 Children's...
Tue, 10 Nov 1998
Public supports MPR meeting but ...
Public supports MPR meeting but ... On Tuesday, the People's Consultative Assembly (MPR) convenes to forge what President B.J. Habibie calls the nation's reform agenda. A survey commissioned by The Jakarta Post and D&R newsweekly set out to pinpoint the people's real feelings about the MPR's...
Tue, 10 Nov 1998
New bank loan repayment plan to be unveiled
New bank loan repayment plan to be unveiled JAKARTA (JP): The government is to unveil a new format on Tuesday for the repayment of Bank Indonesia liquidity support injected to troubled banks since January.Indonesian Bank Restructuring Agency chairman Glenn S.
Tue, 10 Nov 1998
Bank recapitalization program to go ahead
Bank recapitalization program to go ahead JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin stressed on Monday that the government would not delay its bank recapitalization program despite bankers' protests.
Tue, 10 Nov 1998
MPR factions make final preparations
MPR factions make final preparations JAKARTA (JP): A flurry of activity on Monday marked the eve of the Special Session of the People's Consultative Assembly (MPR) -- some schools were closed and office workers sent home early for fear of unrest, while pressure groups made last minute attempts to...
Tue, 10 Nov 1998
Yayuk to plump for Asiad singles instead of the mixed doubles
Yayuk to plump for Asiad singles instead of the mixed doubles JAKARTA (JP): Indonesia's best tennis player Yayuk Basuki has decided to play in the women's singles at the 13th Asian Games in Bangkok next month instead of the mixed doubles.
Tue, 10 Nov 1998
TGPF and moral courage
TGPF and moral courage The long-awaited joint fact-finding team (TGPF) report on the mid-May riots deserves a thumbs-up. It stands towering as an honest report and a sign of moral courage amid a grievous condition of our nation which lacks integrity.
Tue, 10 Nov 1998
Where to go in Bandung:
Where to go in Bandung:Exhibitions * Painting Exhibition at Sahid Topas Galeria Hotel, Jl. Dr. Djundjunan No 153 (Phone: 022 642631), until Nov. 17. * Arts Exhibition by Aendra M. Medita, Dodi Rosadi, Hermana, Koesari Ratmono, and Nandang Gawe, at CCF - French Cultural Center, Jl.
Tue, 10 Nov 1998
Private gets lethal lesson
Private gets lethal lesson DILI, East Timor: A private in the infantry was beaten to death by his instructor during a training session at Yonif 745 battalion's headquarters in Lospalos on Saturday.Second Private Swandi, who had just been assigned to the battalion, died after being struck by Second...
Tue, 10 Nov 1998
City-owned bank to become limited liability company
City-owned bank to become limited liability company JAKARTA (JP): The Jakarta administration will change the status of city-owned Bank DKI into a limited liability company starting early next year to enable it to be more competitive and flexible, the bank's president, Soeharto, said on Monday.
Tue, 10 Nov 1998
Singapore customs seize turtle eggs
Singapore customs seize turtle eggs SINGAPORE (Reuters): Singapore customs officials seized 125 kg of turtle eggs being shipped in from Indonesia hidden among boxes of electronic components on Monday."The turtle eggs were packed in three boxes and weighed about 125 kg," a customs spokesman said.
Tue, 10 Nov 1998
Tight security fails to deflate spirit of MPR street demos
Tight security fails to deflate spirit of MPR street demos JAKARTA (JP): The capital witnessed a number of protests with various themes on Monday, the day before the start of the four- day People's Consultative Assembly (MPR) Special Session.
Tue, 10 Nov 1998
Indonesia not ready for oopen competition: Expert
Indonesia not ready for oopen competition: Expert JAKARTA (JP): Many economic sectors in the country still need government protection, a German expert on monopoly said on Monday.Wolfgang Kartte, the former president of the German Federal Agency, said here that it would take years for the nation's...
Tue, 10 Nov 1998
Biennale highlight of November Festival '98
Biennale highlight of November Festival '98By Yudha Kartohadiprodjo JAKARTA (JP): Nov. 10 has long been an important date for the capital. While the rest of the country is indebted to the heroic incident in Surabaya 53 years ago when locals fought the Allied troops, the residents of Jakarta have...
Tue, 10 Nov 1998
Bank Artamedia sues Green Garden
Bank Artamedia sues Green Garden JAKARTA (JP): Bank Artamedia has filed suit against PT Tamara Green Garden, demanding the property developer repay about Rp 11.5 billion (US$1.36 million) in loans.The Jakarta Commercial Court said on Monday that the first hearing on the bankruptcy petition would be...
Tue, 10 Nov 1998
Windfall unlikely for luxury hotels
Windfall unlikely for luxury hotels JAKARTA (JP): Despite fears of unrest during the four-day Special Session of the People's Consultative Assembly which starts here on Tuesday, most five-star hotels in the city have not recorded a surge in bookings by anxious residents seeking safe havens in which...
Tue, 10 Nov 1998
Is Anwar's trial the beginning of the end of Mahathir's regime?
Is Anwar's trial the beginning of the end of Mahathir's regime?By Gwynne Dyer LONDON (JP): "If someone higher than the deputy prime minister were to instruct you to come and lie to the court here, would you do it?" asked the defense lawyer for Malaysia's jailed ex-deputy prime minister, Anwar...
Tue, 10 Nov 1998
S'pore, RI navies in joint exercise
S'pore, RI navies in joint exercise SINGAPORE (AFP): About 400 personnel from the navies of Singapore and Indonesia are to take part in a 10-day biennial exercise, Singapore's defense ministry said on Monday.
Tue, 10 Nov 1998
Visa expects zero growth this year
Visa expects zero growth this year JAKARTA (JP): Visa International expects zero growth in the number of cardholders in Indonesia this year, but in terms of transaction value the credit card company estimates an increase of 15 percent.Ellyana C.
Tue, 10 Nov 1998
ABRI ready to discuss its dual function
ABRI ready to discuss its dual function JAKARTA (JP): Amid mounting pressure on the People's Consultative Assembly (MPR) to expel the military from the country's formal political arena, Minister of Defense and Security/Armed Forces (ABRI) Commander Gen.
Tue, 10 Nov 1998
Three dead in Medan hotel fire
Three dead in Medan hotel fire MEDAN, North Sumatra: Two men and a woman were found dead in their hotel rooms after a fire gutted a room of the four-story Dirga Surya hotel on Jl. Imam Bonjol here Monday morning.They were believed to have fallen unconscious in the thick smoke from the fire.
Tue, 10 Nov 1998
Symposium to save PWI
Symposium to save PWI YOGYAKARTA: Dozens of journalists in the Journalists Forum for the Salvation of the Indonesian Journalists Association (PWI) are to hold a national symposium here on Nov. 21 with the theme of salvaging the association.
Tue, 10 Nov 1998
Telkom enjoys profit after first-half loss
Telkom enjoys profit after first-half loss JAKARTA (JP): State-owned telecommunications firm PT Telkom reported on Monday a 71 percent decrease in net profit to Rp 326.1 billion (US$38.6 million) during the first nine months of this year from a Rp 1.
Tue, 10 Nov 1998
Ampolex seeks to buy Humpuss shares in Cepu
Ampolex seeks to buy Humpuss shares in Cepu JAKARTA (JP): Oil and gas company Ampolex (Cepu) Pty Ltd., a subsidiary of the United State's energy company Mobil Corp., is seeking to take over Humpuss Patragas's 51 percent stake in the Cepu oil and gas field on the border of Central and East Java.
Tue, 10 Nov 1998
AWB not to buy Bogasari
AWB not to buy Bogasari CANBERRA (Dow Jones): Australia's monopoly wheat exporter AWB Ltd Monday downplayed rumors it is about to buy Indonesia's PT Bogasari Flour Mills, the world's largest miller.But an AWB spokesman confirmed it is looking at investment opportunities in what is a major customer...
Tue, 10 Nov 1998
China working on reef: Manila
China working on reef: Manila MANILA (AP): More than 100 Chinese workers are building large concrete barracks and possibly a pier on a disputed South China Sea reef, Philippine defense secretary Orlando Mercado said on Monday.
Tue, 10 Nov 1998
No service to mark St Cruz incident
No service to mark St Cruz incident JAKARTA (JP): Dili Bishop Carlos Felipe Ximenes Belo said on Monday his diocese would hold no formal public commemoration of the seven-year anniversary of the Santa Cruz shootings, but advised relatives of those killed to attend local church ceremonies.
Tue, 10 Nov 1998
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Nov. 9, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,275.00 8,375.00 8,275.00 8,525.00Austrian schilling 1 659.75 729.75 - -Australian dollar 1 5,111.60 5,371.60 5,065.00 5,415.00Belgian franc 1 222.10 247.
Tue, 10 Nov 1998
Tangerang expect bigger revenues
Tangerang expect bigger revenues TANGERANG: Despite a sluggish property business during the prolonged economic crisis, the Tangerang regency announced on Sunday it expected increased revenues from the collection of building permit issuances this fiscal year.
Tue, 10 Nov 1998
MPR session to determine rupiah's fate
MPR session to determine rupiah's fate JAKARTA (JP): Bank Indonesia Governor Sjahril Sabirin said on Monday that the beleaguered rupiah should strengthen against the U.S. dollar if the Special Session of the People's Consultative Assembly (MPR) proceeds peacefully.
Tue, 10 Nov 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 9, 1998: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 325 -25 192,500 AHAP Insurance 400 0 0 Alter Abadi 275 25 98,000 Alumindo Light Metal 250 -25 88,500 Alumindo...
Tue, 10 Nov 1998
Tapos farmers protest police intimidation
Tapos farmers protest police intimidation JAKARTA (JP): At least 30 representatives of farmers from Cibedug village near Tapos in Bogor visited the National Commission on Human Rights again on Monday, complaining of fresh intimidation by police over a dispute with former president Soeharto's Tri-S...
Tue, 10 Nov 1998
S'pore gives nod to liberalization
S'pore gives nod to liberalization SINGAPORE (DPA): Singapore's government has agreed to a series of proposed liberalization moves aimed at making the city-state more attractive as an international financial hub, officials said Monday.
Tue, 10 Nov 1998
No Amien, Megawati, Gus Dur meeting
No Amien, Megawati, Gus Dur meeting JAKARTA (JP): Student activists' campaign to bring together three opposition leaders and have them issue statements that would defuse mounting tension between opponents and supporters of the People's Consultative Assembly (MPR), was foiled on Monday because of...
Tue, 10 Nov 1998
Asuransi Astra, Amway tie up
Asuransi Astra, Amway tie up JAKARTA (JP): PT Asuransi Astra Buana, a subsidiary of Astra International, and PT Amindoway Jaya, the sole distributor of Amway products in Indonesia, have formed a strategic alliance to expand their networks and services, the companies announced on Monday.
Tue, 10 Nov 1998
ABRI's dual role, Soeharto target of student protests
ABRI's dual role, Soeharto target of student protests JAKARTA (JP): Students across the country on Monday piled various pressures on the People's Consultative Assembly (MPR) on the eve of its Special Session.
Tue, 10 Nov 1998
Old habits die hard
Old habits die hard The current reform movement is proving itself increasingly incapable of bringing about a new political culture. The many staged expressions of political support and opposition that we have seen lately show we are repeating the old habit that we denounce so noisily these days.
Tue, 10 Nov 1998
Scholars, parties raise last-minute issues
Scholars, parties raise last-minute issues JAKARTA (JP): Scholars and party leaders on Monday raised last minute demands which they called on to be included in the agenda for the Special Session of the People's Consultative Assembly (MPR), which begins here on Tuesday.
Tue, 10 Nov 1998
Backpacker's appeal
Backpacker's appeal With all the apparent positive changes and restructuring taking place within the Indonesian government, economy and infrastructure, I think it is time to rethink the nation's tourism policy.
Tue, 10 Nov 1998
Student shot dead in E. Jakarta brawl
Student shot dead in E. Jakarta brawl JAKARTA (JP): A student of a state vocational high school was shot dead during a brawl on Jl. D.I. Pandjaitan, East Jakarta, on Saturday morning.Alfian Rusjadi, 16, of SMK 5 high school, collapsed with a wound to his forehead after police tried to break up the...