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Sat, 31 Oct 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 30, 1998: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 275 0 0 AHAP Insurance 400 0 0 Alter Abadi 250 0 0 Alumindo Light Metal 250 0 0 Alumindo Perkasa 125 0 0...
Sat, 31 Oct 1998
Law versus reality
Law versus reality The rowdy demonstrations which tens of thousands of university students managed to stage in Jakarta and elsewhere on Wednesday despite elaborate security precautions must have looked to many like a deliberate act of defiance against President B.J.
Sat, 31 Oct 1998
Discrimination and self-esteem
Discrimination and self-esteem There is little that will guarantee a more negative and speedy response than a perceived assault on our self-esteem and feeling of worth. The recent reports of at least two young ladies having been treated with less than the respect they deserved by management at the...
Sat, 31 Oct 1998
Rupiah rate and competitiveness
Rupiah rate and competitiveness Your front page news on Thursday, Oct. 22, about the ideal range of the rupiah as stated by Coordinating Minister of Economy, Finance and Industry Ginandjar Kartasasmita is really absurd.
Sat, 31 Oct 1998
Rupiah remains volatile, stock prices down 3 percent
Rupiah remains volatile, stock prices down 3 percent JAKARTA (JP): The rupiah continued its volatility on Friday closing flat at 7,600 against the U.S. dollar as share prices declined almost 3 percent on the back of the heated political environment at home.
Sat, 31 Oct 1998
Bogor minivans facing crackdown
Bogor minivans facing crackdown BOGOR (JP): The Land Transportation Agency (DLLAJ) here has warned drivers of 180 public transportation minivans, locally called angkot, in the past two months for violating various regulations.
Sat, 31 Oct 1998
Javanese opera troupes make sure the show still goes on
Javanese opera troupes make sure the show still goes onBy Agus Maryono and Ngudi Utomo PURWOKERTO, Central Java (JP): An Indonesian phrase Hidup enggan, mati tak mau, which means "Don't want to live, don't want to die", describes the current situation of a traditional stage show, ketoprak, in...
Sat, 31 Oct 1998
40 foreigners buy houses at Bumi Serpong Damai
40 foreigners buy houses at Bumi Serpong Damai JAKARTA (JP): Forty foreigners have bought private properties in the upmarket Bumi Serpong Damai (BSD) housing complex in Tangerang since the government passed legislation in 1996 that allows foreigners to buy property in Indonesia, an executive said...
Sat, 31 Oct 1998
Hunger strike ends after a day
Hunger strike ends after a day MEDAN, North Sumatra: Lasmaria Simatupang stopped her hunger strike on Friday after suffering stomach problems, Antara reported.Simatupang began the strike on Thursday, together with a fellow worker protesting at the Medan Legal Aid office over poor wages and the...
Sat, 31 Oct 1998
Village chief election protested
Village chief election protested TANGERANG (JP): Hundreds of residents of Ketapang village in Mauk district went to the Tangerang regency's office on Thursday to protest the removal of their choice candidate from the race for village chief.
Sat, 31 Oct 1998
Govt to ease repayment terms for ailing banks
Govt to ease repayment terms for ailing banks JAKARTA (JP): Minister of Finance Bambang Subianto confirmed on Friday the government would ease repayment terms for central bank liquidity support used by troubled banks to stay afloat.
Sat, 31 Oct 1998
Thoughts on language planning
Thoughts on language planningBy Setiono JAKARTA (JP): The development of Bahasa Indonesia since 1928 has encountered a great number of obstacles. One of the obvious is reflected in the conflict to develop the lexicon of this language.
Sat, 31 Oct 1998
JSX and SSX set to merge in April
JSX and SSX set to merge in April JAKARTA (JP): The Jakarta Stock Exchange (JSX) and Surabaya Stock Exchange (SSX) are expected to conclude their merger plan in April next year after the former's shareholders approved the plan in an extraordinary meeting on Friday.
Sat, 31 Oct 1998
Saefuddin remarks on Megawati
Saefuddin remarks on Megawati With reference to a letter by Masli Arman published on Oct. 28, 1998, I would strongly contest Masli Arman's notion that the remarks by State Minister for Food and Horticulture Prof. Dr. A.M. Saefuddin were made with good intention.
Sat, 31 Oct 1998
Aid for RI corporate restructuring sought
Aid for RI corporate restructuring sought TOKYO (Bloomberg): Ginandjar Kartasasmita, Indonesia's chief economics minister, asked on Friday for financial aid to restructure Indonesia's corporate sector at a meeting with Japan's Finance Minister Kiichi Miyazawa.
Sat, 31 Oct 1998
Collusion
CollusionFrom KompasThe Indonesian Medical Association governing board's general chairman, Dr. Merdias Almatsier SpS (K), has been quoted recently in a number of mass media publications as attributing the difficulty in taking action against certain physicians involved in collusion with...
Sat, 31 Oct 1998
SE Asian currencies continue upward climb
SE Asian currencies continue upward climb SINGAPORE (Dow Jones): The U.S. dollar's downward spiral against the yen and Southeast Asian currencies continued Friday, as investor optimism about the well-being of American and Latin American economies fades.
Sat, 31 Oct 1998
Police probe arson at station
Police probe arson at station BANDAR LAMPUNG, Lampung: The police have promised to probe the recent burning of a police station in Pagelaran, Tanggamus regency, and seek trial for those responsible.Antara quoted chief detective Lt. Col.
Sat, 31 Oct 1998
Twilite Orchestra launches album feting national songs
Twilite Orchestra launches album feting national songs JAKARTA (JP): Twilite Orchestra conductor Addie M.S. bowed his head and stretched his cheeks with the palms of his hands, as if cowering from a scolding or terribly ashamed of something he had done.There was none of that.
Sat, 31 Oct 1998
Halloween tradition has Druid origins
Halloween tradition has Druid origins JAKARTA (JP): Halloween parties are celebrated here not only by expatriates but also by locals. Halloween, the festival of the dead, might have a scary history but it is surely full of fun.
Sat, 31 Oct 1998
Protests, counter protests continue over Hindu slur
Protests, counter protests continue over Hindu slur JAKARTA (JP): Thousands of Hindus in Bali and hundreds of Moslems in Jakarta staged on Friday separate demonstrations. The first group blasted State Minister of Food and Horticulture A.M.
Fri, 30 Oct 1998
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Oct. 29, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,800.00 7,900.00 7,800.00 7,950.00Austrian schilling 1 617.00 687.00 - -Australian dollar 1 4,678.50 4,938.50 4,630.00 4,980.00Belgian franc 1 210.
Fri, 30 Oct 1998
S'pore intrusion proven: Malaysia
S'pore intrusion proven: Malaysia KUALA LUMPUR (AFP): Malaysia has sent a memorandum to Singapore backing its claim of intrusions by the island's military planes into Malaysian air space, Defense Minister Syed Hamid Albar said on Thursday.
Fri, 30 Oct 1998
Southeast Asian currencies extend rally
Southeast Asian currencies extend rally SINGAPORE (Dow Jones): Southeast Asian currencies continued to rise during Asian trading hours on Thursday, extending their rally as the U.S. dollar dropped further against the yen.
Fri, 30 Oct 1998
Govt allocates $5.5b to L/C guarantee plan
Govt allocates $5.5b to L/C guarantee plan JAKARTA (JP): The government has pumped in US$5.5 billion to guarantee letters of credit (L/Cs) for local exporters hit by frozen international bank lines of credit, a director of the central bank said on Thursday.
Fri, 30 Oct 1998
20 residents seek Rp1.6b compensation
20 residents seek Rp1.6b compensation JAKARTA (JP): Twenty residents of Tugu Utara in North Jakarta have demanded Rp 1.6 billion (US$216,216) in compensation from the state harbor operator PT Pelindo II for a 7,000-square-meter plot of land which the firm appropriated from them.
Fri, 30 Oct 1998
SSX may merge with JSX
SSX may merge with JSX JAKARTA (JP): Shareholders of the Surabaya Stock Exchange (SSX) approved in an extraordinary meeting on Thursday a proposal to merge the virtually inactive bourse with the Jakarta Stock Exchange (JSX).
Fri, 30 Oct 1998
Soeharto did not get land illegally: Durin
Soeharto did not get land illegally: Durin JAKARTA (JP): State Minister of Land Affairs Hasan Basri Durin said on Thursday that his office has not found any violations in the way former president Soeharto acquired land in various areas, but acknowledged that the amount involved may cause "social...
Fri, 30 Oct 1998
Indonesia gears up to boost rice output
Indonesia gears up to boost rice output PHUKET, Thailand (Reuters): Indonesia, whose projected 6.25 million-metric ton rice purchases this year have stunned the world, will boost output to reduce dependence on imports, a senior government official said on Thursday.
Fri, 30 Oct 1998
Law on freedom of expression enacted
Law on freedom of expression enacted JAKARTA (JP): Cabinet ministers confirmed on Thursday that President B.J. Habibie enacted the law on freedom of expression on Oct. 23, the day after the House of Representatives endorsed it.
Fri, 30 Oct 1998
'No illegals' in Premier Oil
'No illegals' in Premier Oil JAKARTA (JP): State oil and gas company Pertamina denied on Thursday reports that British energy company Premier Oil was employing foreign workers illegally.Spokesman for Pertamina's directorate in charge of the supervision of foreign oil and gas contractors, Sidick...
Fri, 30 Oct 1998
Chubb Lips opens new plant
Chubb Lips opens new plantJP/afs JAKARTA (JP): Safe and fire resistant equipment maker PT Chubb Lips Indonesia (CLI) opened on Thursday a new US$12 million state-of-the-art manufacturing plant at the Cibitung Industrial Estate, east of Jakarta.CLI president William M.
Fri, 30 Oct 1998
Military resorts set up to improve efficiency
Military resorts set up to improve efficiency JAKARTA (JP): The Jakarta Military Command formed on Thursday two military resorts, known locally as Korem, to oversee seven military districts in East and West Jakarta.
Fri, 30 Oct 1998
Two Pakistanis to be deported
Two Pakistanis to be deported JAKARTA (JP): Two Pakistani citizens are to be deported by the North Jakarta Immigration Office for violating immigration regulations, an official said on Thursday.Jakarta Immigration Coordinator Hamsuk S.
Fri, 30 Oct 1998
Mahathir repeats call for noninterference
Mahathir repeats call for noninterference BANDAR SERI BEGAWAN (AP): Malaysia's Prime Minister Mahathir Mohamad stressed Thursday that leaders from regional nations shouldn't dabble in the domestic affairs of member countries.
Fri, 30 Oct 1998
Singapore economy shrinks for first time in 13 years
Singapore economy shrinks for first time in 13 years SINGAPORE (AFP): Singapore's economy shrank by 1.5 percent in the third quarter of this year, its first quarterly contraction since the last recession in 1985, Prime Minister Goh Chok Tong announced Thursday.
Fri, 30 Oct 1998
EU-RI rights seminar adopts 16 recommendations
EU-RI rights seminar adopts 16 recommendations JAKARTA (JP): A milestone human rights workshop organized by Indonesia and the European Union closed here on Thursday with the adoption of 16 recommendations.
Fri, 30 Oct 1998
Indonesians 'prioritize smoking over families' nutritional needs'
Indonesians 'prioritize smoking over families' nutritional needs' JAKARTA (JP): An expert says 45 percent of Indonesian household heads prioritize cigarettes over their families' nutritional needs, Antara reported on Thursday.
Fri, 30 Oct 1998
Japan seeks RI support on APEC liberalization
Japan seeks RI support on APEC liberalization TOKYO (Reuters): Japanese Prime Minister Keizo Obuchi on Thursday sought Indonesia's support for Japan's refusal to take part in a liberalization scheme under the Asia Pacific Economic Cooperation forum (APEC), Japanese media said.
Fri, 30 Oct 1998
Openness promised in E. Timor talks
Openness promised in E. Timor talks JAKARTA: Indonesian Ambassador-at-Large on East Timor Lopes da Cruz says he is confident the forthcoming All-Inclusive East Timorese Dialog (AIETD) in Austria will be marked by more openness as a consequence of the reform movement in Indonesia.
Fri, 30 Oct 1998
Kodel to explore oil fields
Kodel to explore oil fields JAKARTA (JP): Oil company PT Golden Spike South Sumatra (GSSS) Ltd., a subsidiary of the Kodel Group, will spend US$4 million to explore oil fields in the Pasiriaman block in the Muara Enim and Ogan Komering Ilir areas in South Sumatra.
Fri, 30 Oct 1998
Skepticism lingers over benefit of Art Summit
Skepticism lingers over benefit of Art SummitBy Rita A. Widiadana JAKARTA (JP): The closing of the second Art Summit Indonesia last week was perceived by the local art community with mixed feelings from enthusiasm to skepticism and even to suspicion.
Fri, 30 Oct 1998
Where to go in Jakarta:
Where to go in Jakarta:Halloween Parties * Halloween Party: costume parade, acrobatics, roller blades, traditional performances, at Kafe Tenda Pharama Rasuna (Phone: 5358132), Jl. H.R. Rasuna Said, South Jakarta, 7:30 p.m. onward, Oct. 30.
Fri, 30 Oct 1998
Karpov outlasts Utut in thrilling tussle
Karpov outlasts Utut in thrilling tussle JAKARTA (JP): World champion Anatoly Karpov displayed rock- steady nerves to beat Indonesian challenger Utut Adianto in a tense quarterfinal tiebreaker at the Intercontinental Rapid Chess tournament in Cap d'Agde, France, on Wednesday.
Fri, 30 Oct 1998
Unocal to buy Nusamba's shares in two oil block
Unocal to buy Nusamba's shares in two oil block JAKARTA (JP): The United States giant energy company Unocal Corp. will acquire the shares of PT Nusamba, a business group related to former president Soeharto, in its two oil blocks in East Kalimantan in a bid to clear out traces of collusion,...
Fri, 30 Oct 1998
SE Asian poverty levels set to double: World Bank
SE Asian poverty levels set to double: World Bank BANGKOK (AFP): Poverty is set to more than double in crisis- hit Southeast Asian countries as income distribution worsens amid the regional financial crisis, a World Bank expert said on Thursday.
Fri, 30 Oct 1998
Leadership crucial in respect for the law of war: ICRC official
Leadership crucial in respect for the law of war: ICRC official BANDUNG (JP): Leadership is a crucial factor in ensuring observance of the law of war in combat situations because soldiers base their actions on superiors' orders, according to Toni Pfanner, the head of the International Committee of...
Fri, 30 Oct 1998
RI imposes antidumping duty
RI imposes antidumping duty JAKARTA (JP): The Ministry of Finance has ruled that the import of ferro manganese, silicon manganese, and products made out of the two chemical components from China will be subject to a temporary antidumping import duty of 55 percent.
Fri, 30 Oct 1998
The killings must end
The killings must end Perhaps our security authorities are well advised to carefully heed the call made recently by the Nahdlatul Ulama (NU) central board. The board's secretary-general, Achmad Bagja, reminded the authorities that the NU board is willing, for the present, to allow them time to...
Fri, 30 Oct 1998
Textile exports rise 60.8%
Textile exports rise 60.8% JAKARTA (JP): Indonesia's textiles and textile-products export value to quota countries jumped 60.8 percent to US$2.63 billion during the first semester of this year from $1.64 billion in the same period of 1997, according to a senior official at the Ministry of Trade and...