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Wed, 05 Nov 1997
'Linda' kills 130, leaves hundreds missing in Vietnam
'Linda' kills 130, leaves hundreds missing in Vietnam HANOI (Reuters): At least 130 people were killed and hundreds of fishermen missing after a typhoon lashed Vietnam's southern coast, provincial officials said yesterday.
Wed, 05 Nov 1997
Bank Jakarta defies govt's closure order
Bank Jakarta defies govt's closure order JAKARTA (JP): Probosutedjo, half-brother of President Soeharto and owner of Bank Jakarta, kept his bank open yesterday, ignoring the government's closure order.The bank said yesterday it had begun to repay customers up to Rp 2 million from ordinary savings...
Wed, 05 Nov 1997
Kaltim Prima Coal plans to list shares on JSX
Kaltim Prima Coal plans to list shares on JSX JAKARTA (JP): PT Kaltim Prima Coal (KPC) coal mining company announced yesterday it would float part of its shares on the Jakarta Stock Exchange next year.Company vice president S.
Wed, 05 Nov 1997
APEC to agree on currency stability
APEC to agree on currency stability TOKYO (AFP): An APEC leaders' declaration, to be adopted at an upcoming meeting in Canada, is likely to include an agreement to work for stable Asian currencies, a report said yesterday.
Tue, 04 Nov 1997
Transvestite killed in East Jakarta
Transvestite killed in East Jakarta JAKARTA (JP): The bound body of a 28-year-old transvestite who owned a modeling agency and also worked as a choreographer was found dead Sunday in his house in East Jakarta.
Tue, 04 Nov 1997
Bakrie Pipe gets $80 million loan
Bakrie Pipe gets $80 million loan JAKARTA (JP): Steel pipe maker PT Bakrie Pipe Industries, a subsidiary of PT Bakrie and Brothers, has secured a US$80 million syndicated loan from local and foreign finance companies to refinance its foreign debts.
Tue, 04 Nov 1997
Batik copyright urgent, Try says
Batik copyright urgent, Try says YOGYAKARTA (JP): Vice President Try Sutrisno called on Indonesian batik designers and artists yesterday to pursue copyrights of their designs to protect against long-term financial loss.
Tue, 04 Nov 1997
Busang scandal barely impacts mining investment
Busang scandal barely impacts mining investment JAKARTA (JP): The scandal over the Busang gold field in East Kalimantan, which involved Canadian exploration company Bre-X Minerals, did not have much of an impact on Canadian mining investment, a Canadian official said yesterday.
Tue, 04 Nov 1997
IMF's reform package will be costly
IMF's reform package will be costly The International Monetary Fund (IMF) has finally agreed to provide Indonesia with a reform package comprising of financial assistance and a set of policy measures to overcome its economic problems. Economist Kwik Kian Gie takes a close look at this package.
Tue, 04 Nov 1997
Rubber trade wary of currencies, Thai stocks
Rubber trade wary of currencies, Thai stocks SINGAPORE (Reuters): The Southeast Asian rubber trade will be dogged this week by the region's wobbly currency markets even though some Japanese buyers were said to be keen about picking up forward supplies, traders said yesterday.
Tue, 04 Nov 1997
Saudi Arabia wants OPEC to raise oil output ceiling
Saudi Arabia wants OPEC to raise oil output ceiling DUBAI (Reuters): OPEC kingpin Saudi Arabia yesterday said it wanted OPEC to raise its oil output ceiling to reflect higher world demand for the producer group's crude.
Tue, 04 Nov 1997
Where to go in Jakarta:
Where to go in Jakarta:Exhibitions * Batik Exhibition, by Maartri Djorghi, at Galeri TC (Twilight Cafe), Jl. Kemang Raya No.24 A South Jakarta, 11:30 a.m. to 12 p.m., until Nov. 8. * Painting Exhibition: From Mooi Indie to Persagi, at Museum Seni Rupa Jakarta, Jl.
Tue, 04 Nov 1997
Six precincts to get new chiefs
Six precincts to get new chiefs JAKARTA (JP): Six of the nine police precincts in the Greater Jakarta area would get new chiefs, said City Police Spokesman Lt. Col. E. Aritonang yesterday.Aritonang said the new chiefs to be installed starting this week would be of the East, Central and South...
Tue, 04 Nov 1997
Hospital and conscience
Hospital and conscience Last Sunday night, my driver's son was caught in a fight and stabbed in his stomach. His friends rushed him to the nearest public hospital: RS Fatmawati.When his father arrived at the hospital several hours later, his son, who was in a coma and had lost a lot of blood from...
Tue, 04 Nov 1997
'Batik' dress
'Batik' dress It is wonderful to see the outlook of the Indonesian government in holding an international batik conference for the first time in Yogyakarta next week. I don't think all the participants of the conference will only sit, talk, relax, enjoy the good time at the batik exhibitions and go...
Tue, 04 Nov 1997
Arya Setyaki wins Indonesia Kart Race
Arya Setyaki wins Indonesia Kart Race JAKARTA (JP): Jakartan Arya Setyaki won the overall Indonesia Kart Race 1997 title at the Sentul circuit, near Bogor, Sunday.Setyaki, 19, a student at Trisakti University won with a total of 106 points from the seven legs of the race.
Tue, 04 Nov 1997
Airplane accident investigation
Airplane accident investigationFrom Media IndonesiaA news item on page 24 of Media Indonesia of Oct. 7, 1997 headlined Sikado rejects police involvement in unraveling GA 152 Case has set me reflecting upon the bad luck of the police because the authority given them by the law can be canceled simply...
Tue, 04 Nov 1997
U.S. confident of Thai recovery
U.S. confident of Thai recovery BANGKOK (Reuters): U.S. President Bill Clinton told the Thai prime minister he was confident of the success of international efforts to help solve Thailand's economic problems.
Tue, 04 Nov 1997
Lippo Bank California fights for comeback
Lippo Bank California fights for comeback LOS ANGELES (AP): Bad loans and worse publicity linking owner James Riady and former chief executive John Huang to questionable campaign contributions in Washington nearly put Lippo Bank California out of business.
Tue, 04 Nov 1997
Government told to be honest
Government told to be honest JAKARTA (JP): More than ever before the government needs to be "honest and transparent" in order to avoid possible social unrest following the country's deepening economic woes, a cabinet minister said here yesterday.
Tue, 04 Nov 1997
Bogor team to represent Indonesia
Bogor team to represent Indonesia JAKARTA (JP): T. Sugianto, Zainal Effendi and Anthony Hatuley from the Bogor golf club won the 1997 Johnnie Walker Inter-team Championship national final at the Jagorawi Golf and Country Club Sunday.
Tue, 04 Nov 1997
New government economic policy
New government economic policy JAKARTA (JP): The following is the full text of the government's statement on its new economic policy announced on Nov. 3, 1997.1. The government is today announcing a series of economic policy measures.
Tue, 04 Nov 1997
Tiger eats three goats
Tiger eats three goats BOGOR (JP): A tiger has eaten three goats over the past five weeks in Pulasari village, adjacent to the Ciaten tea plantation in the Leuwiliang subdistrict, Bogor, a village resident said.
Tue, 04 Nov 1997
Preventing future forest fires (2)
Preventing future forest fires (2)By Aleksius Jemadu This is the second of two articles on how we can prevent forest fires in the future. BANDUNG (JP): Yet the question is how can we establish multiorganizational service networks in the forestry sector? We have learned that networks consist of...
Tue, 04 Nov 1997
Southeast Asian currencies leap
Southeast Asian currencies leap SINGAPORE (Reuters): Southeast Asian currencies leapt yesterday as Indonesia's early efforts to reform its economy in response to a massive IMF-led aid package sparked hopes the region might be headed for a turnaround.
Tue, 04 Nov 1997
Central bank advises public not to panic
Central bank advises public not to panic JAKARTA (JP): The governor of Bank Indonesia, Soedradjad Djiwandono, dismissed rumors yesterday that more banks would be liquidated and urged people to remain calm.
Tue, 04 Nov 1997
China's Jiang Zemin evokes Pearl Harbor history
China's Jiang Zemin evokes Pearl Harbor history Chinese President Jiang Zemin's just completed eight-day tour of the United States was hardly the landmark visit which the Chinese said it would be. Noting the lack of concrete achievement, The Jakarta Post Asia correspondent Harvey Stockwin reflects...
Tue, 04 Nov 1997
Tering Bay Open tees off today
Tering Bay Open tees off today BATAM ISLAND, Riau (JP): About 140 professional and amateur golfers from both host Indonesia and neighboring southeast Asian countries are expected to take part in the Tering Bay Open Golf Championships which tees off here today.
Tue, 04 Nov 1997
Udin's alleged killer freed from murder charge
Udin's alleged killer freed from murder charge YOGYAKARTA (JP): Prosecutors yesterday dropped their case against Dwi Sumadji, accused of murdering Bernas daily journalist Fuad Muhammad Syafrudin, and called for his release after conceding there was insufficient evidence to support their case.
Tue, 04 Nov 1997
PDAM Jaya holds writing contest
PDAM Jaya holds writing contest JAKARTA (JP): The city-owned water company PDAM Jaya is holding a writing contest for Jakartans and members of the Indonesian Journalists Association's city branch to commemorate its 75th anniversary.
Tue, 04 Nov 1997
Rupiah rises 8 percent on joint intervention, reform
Rupiah rises 8 percent on joint intervention, reform JAKARTA (JP): The rupiah rose 8 percent against the U.S. dollar in hectic trading yesterday as Indonesian, Singaporean and Japanese central banks jointly intervened in the market to support the rupiah, dealers said.
Tue, 04 Nov 1997
Chinese medicine seller deported
Chinese medicine seller deported JAMBI: Immigration authorities announced yesterday that they would deport a Chinese national, Chen Liyun, 45, for misusing his visa.A local justice official, Woerjanto, said that Chen was detained on Wednesday in Angso Duo market, Jambi, after the justice office...
Tue, 04 Nov 1997
Timor denies rumors of acquisition by Astra
Timor denies rumors of acquisition by Astra JAKARTA (JP): The producer of the internationally debated national car, PT Timor Putra Nasional (TPN), denied yesterday it would be taken over by automobile giant PT Astra International.
Tue, 04 Nov 1997
Soldier held for exploding grenade
Soldier held for exploding grenade BANDAR LAMPUNG, Lampung: A soldier is currently being detained after he accidentally exploded a grenade while on leave last month near his parents' home in Metro-Kibang, Central Lampung.Col. C.
Tue, 04 Nov 1997
Smog back in Singapore
Smog back in Singapore SINGAPORE (Reuters): Singaporeans woke up to the smell of smoke yesterday as smog fueled by Indonesian bush fires sneaked back into town overnight.The government said the air was unhealthy after nearly a week of almost decent weather.
Tue, 04 Nov 1997
Minivan drivers on strike
Minivan drivers on strike JAKARTA (JP): Dozens of minivan drivers went on strike yesterday to protest hoodlums' ongoing extortion racket in Tanah Abang, Central Jakarta. Their action left hundreds of people temporarily stranded.
Tue, 04 Nov 1997
NU shuns succession debate
NU shuns succession debate SEMARANG (JP): Chairman of the influential Moslem organization Nahdlatul Ulama (NU), Abdurrahman Wahid, called on members to stay away from the presidential succession debate saying that the matter would be deliberated by the People's Consultative Assembly (MPR).
Tue, 04 Nov 1997
Embraced couples found dead in car
Embraced couples found dead in car UJUNGPANDANG, South Sulawesi: Two young couples were found dead in an embrace yesterday inside their van.The cause of the deaths is still being investigated but forensic specialist Randanan Bandaso said yesterday there were indications that it could be carbon...
Tue, 04 Nov 1997
Bank liquidations spark uncertainty
Bank liquidations spark uncertainty JAKARTA (JP): Many people are leading miserable and uncertain lives in the wake of the government closing 16 unhealthy banks Saturday.Staff of the liquidated banks are worried about their future employment, while the institutions' customers are scared they might...
Tue, 04 Nov 1997
Monopoly curbed, trade tariffs cut
Monopoly curbed, trade tariffs cut JAKARTA (JP): The government decided yesterday to abolish the National Logistic Agency's (Bulog) right to a monopoly on several food commodities, allow foreign-owned firms to distribute their own products throughout the country and cut import tariffs and export...
Tue, 04 Nov 1997
'GO' wins SEA Games photo contest
'GO' wins SEA Games photo contest JAKARTA (JP): Sudewa from GO tabloid, with his photo Memang Indah (It's Beautiful), was yesterday declared the winner of the 19th SEA Games photo competition, which was sponsored by Konica, and won the Rp 1.5 million (US$458) first prize.Johny T.
Tue, 04 Nov 1997
Mahathir's call to WTO makes sense
Mahathir's call to WTO makes sense Since the Asian currency and stock market turmoil began, resentment against the West has swept through Southeast Asia. It is not just Malaysian Prime Minister Mahathir Mohamad who believes there is a Western plot to undermine the economies of this whole region.
Tue, 04 Nov 1997
UN should manage globalization: Soeharto
UN should manage globalization: Soeharto KUALA LUMPUR (AFP): Indonesian President Soeharto called yesterday for an urgent effort by developing countries to stabilize financial markets and suggested that economic globalization should be "managed" by the United Nations.
Tue, 04 Nov 1997
Wasur Park imperiled by development onslaught
Wasur Park imperiled by development onslaughtBy Ais Latuputty MERAUKE, Irian Jaya (Antara): The inexorable march of development is eating away at pristine Wasur National Park, home to Southeast Asia's largest wetland area.Its 413,000 hectares in Irian Jaya were formerly closed to all development.
Tue, 04 Nov 1997
British steel plan under threat
British steel plan under threatBy Antony Barnett LONDON: Turmoil in Asian financial markets is threatening to scupper a flagship US$800 million dollars investment plan by British Steel.The company disclosed during the summer its intention to take a majority stake in an Indonesian project to build a...
Tue, 04 Nov 1997
Andromeda may challenge bank closure in court
Andromeda may challenge bank closure in court JAKARTA (JP): Bank Andromeda's owners may challenge Minister of Finance Mar'ie Muhammad's decision to shut the bank in the Jakarta Administrative Court, shareholder Bambang Trihatmodjo said yesterday.
Tue, 04 Nov 1997
Yayuk's partner faces Kremlin row
Yayuk's partner faces Kremlin row MOSCOW (Reuters): Dutch tennis player Caroline Vis, disqualified from Sunday's Kremlin Cup women's doubles final for insulting the umpire, will also be fined, a spokeswoman for the Russian organizers said yesterday.
Tue, 04 Nov 1997
Ricky Putra to go public next month
Ricky Putra to go public next month JAKARTA (JP): Garment company PT Ricky Putra Globalindo plans to sell 60 million new shares, or 37.5 percent of enlarged shares, to the public next month to strengthen the its operations and repay loans.
Tue, 04 Nov 1997
Bakrie sells coal stake
Bakrie sells coal stake SYDNEY, Australia (AP): PT Bakrie Brothers, BHP's Indonesian coal mining partner, plans to sell its 20 percent stake in the PT Arutmin Indonesian joint venture for around US$50 million, The Australian newspaper said Monday.
Tue, 04 Nov 1997
200,000 risk developing cancer yearly: Expert
200,000 risk developing cancer yearly: Expert JAKARTA (JP): At least one out of every 1,000 Indonesians are at risk of developing cancer every year, according to Melissa L. Luwia of the Indonesian Cancer Foundation.