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Sat, 10 Oct 1998
APEC ministers open meeting on investment
APEC ministers open meeting on investment GINOWAN (AP): Energy ministers from countries along the Pacific met Friday to discuss how to sustain investment in new energy despite Asia's economic ills.Officials said a major issue at the two-day Asia-Pacific Economic Cooperation ministerial meeting on...
Sat, 10 Oct 1998
New relief projects target nine provinces
New relief projects target nine provinces JAKARTA (JP): Unicef and four prominent non-government organizations (NGOs) have launched a social relief project in the nine provinces worst hit by the economic crisis, according to a Unicef representative here.
Sat, 10 Oct 1998
Rape victims' counselor killed
Rape victims' counselor killed JAKARTA (JP): A Volunteers for Humanity activist working with rape victims of the May riots was found dead at her Central Jakarta house on Friday evening.The victim, identified as Martadinata and popularly known as Ita, 18, was found with her neck slashed and stab...
Sat, 10 Oct 1998
Pertamina awaiting Habibie's decision
Pertamina awaiting Habibie's decision JAKARTA (JP): State oil and gas company Pertamina said on Friday it was awaiting President B.J. Habibie's decision on the development of the Coastal Plains Pekanbaru (CPP) block in Riau after 2001.
Sat, 10 Oct 1998
IFC's RI debtors in trouble
IFC's RI debtors in trouble WASHINGTON (Bloomberg): Sixty percent of the 42 companies in Indonesia that have borrowed money from the International Finance Corp, the World Bank's private lending arm, are in financial difficulty, the Asian Wall Street Journal reported Friday, quoting executives of...
Sat, 10 Oct 1998
Govt consults IMF, WB on capital control plan
Govt consults IMF, WB on capital control plan JAKARTA (JP): The government is consulting with the International Monetary Fund (IMF) and the World Bank over plans to implement a new system to monitor capital flows, according to Coordinating Minister for Economy, Finance and Industry Ginandjar...
Sat, 10 Oct 1998
Will new press freedom survive?
Will new press freedom survive?By Amir Sidharta JAKARTA (JP): The banning of premier weeklies Tempo, Detik and Editor in June 1994 was very frustrating because it happened just as it seemed that the New Order was becoming more tolerant to openness in the press.
Sat, 10 Oct 1998
Musicians drum up support for saving traditional music
Musicians drum up support for saving traditional musicBy Yudha Kartohadiprodjo JAKARTA (JP): Imagine a caravan of mules and a group of experts climbing the hills of Sulawesi. Carrying heavy equipment, the group is searching for the world's most universal, and valuable, language: music.
Sat, 10 Oct 1998
Congress support for Megawati shows 'public aspirations'
Congress support for Megawati shows 'public aspirations' DENPASAR (JP): Senior members of Megawati Soekarnoputri's faction of the Indonesian Democratic Party (PDI) believe the overwhelming support for her presidential candidacy at a congress here mirrors the people's wish for a new leader.
Sat, 10 Oct 1998
Singers protest sexual harassment
Singers protest sexual harassment TANGERANG (JP): Over 125 female singers from a karaoke singing hall have sought legal advice from the legal aid institute here after a number of the girls were sexually assaulted by a mob protesting outside the night spot on Sept. 19.
Sat, 10 Oct 1998
Govt to prioritize agricultural sector
Govt to prioritize agricultural sector JAKARTA (JP): President B.J. Habibie said on Friday his government would prioritize the development of the agricultural sector due to its competitiveness in the world market and its relative strength in the economic crisis.
Sat, 10 Oct 1998
LIPI team conducts study on interethnic relations
LIPI team conducts study on interethnic relations JAKARTA (JP): A study on how members of ethnic groups in the country relate to one another is currently being conducted by the National Institute of Science (LIPI), it was reported on Friday.
Sat, 10 Oct 1998
Singapore meeting to focus on Asian crisis
Singapore meeting to focus on Asian crisis SINGAPORE (Reuters): Capital controls and the liberalization of financial systems in Asia will be the key focus of discussions, both formal and informal, at a gathering of international political and business leaders next week.
Sat, 10 Oct 1998
Labor activists threaten to stage hunger strike
Labor activists threaten to stage hunger strike JAKARTA (JP): Five members of the Committee for United Action of Indonesian Workers (KAPPI) have threatened to go on a hunger strike unless the government lifts the 1998 ministerial decree on the registration of labor organizations.
Sat, 10 Oct 1998
Doubting IMF help
Doubting IMF help Since the IMF took over the Indonesian economy back in 1997, I have seen no crucial or significant structural changes to the fundamentals of the Indonesian economy, except a simple dollar bailout.I do not know who initially asked for IMF help.
Sat, 10 Oct 1998
Congress likely to give nod to Megawati
Congress likely to give nod to MegawatiBy Imanuddin & M.M.I. Ahyani DENPASAR (JP): Megawati Soekarnoputri's faction of the Indonesian Democratic Party (PDI) is expected to wind up its congress on Saturday by reelecting her to its helm and naming her as its candidate for next year's presidential...
Sat, 10 Oct 1998
Pertamina to scrap 159 dubious deals
Pertamina to scrap 159 dubious deals JAKARTA (JP): State oil and gas company Pertamina said on Friday it would scrap 159 deals made with former President Soeharto's family, cronies and high-ranking officials.The company said it would save US$64.7 million in dollar- denominated expenses and Rp 313.
Sat, 10 Oct 1998
Hotel industry showing sign of slow recovery
Hotel industry showing sign of slow recovery JAKARTA (JP): The hotel industry's sluggish post-riot period has shown signs in the last two months of coming to an end, with occupancy rates climbing to above 40 percent from less than 20 percent during the first half of the year.
Sat, 10 Oct 1998
Stock index rebounds to cross the 300 barrier
Stock index rebounds to cross the 300 barrier JAKARTA (JP): The bulls were out in force on Friday at the Jakarta Stock Exchange (JSX) as share prices rose 5.6 percent, and the rupiah maintained its own rally by holding steady at the 9,000 level against the U.S. dollar.
Sat, 10 Oct 1998
Team investigates Lampung riot
Team investigates Lampung riot JAKARTA (JP): Three members of a government-sponsored joint fact-finding team on the mid-May riots have found a similar pattern of destruction in the unrest that hit Central Lampung, Medan, Jakarta, Surakarta, Palembang and Surabaya concurrently.
Sat, 10 Oct 1998
The mystery must be solved
The mystery must be solved What on earth is going on in Banyuwangi? Although this question still begs to be answered, the facts seem simple enough. Official police reports say that more than 100 people have been mysteriously murdered to date by death squads of masked men prowling the countryside at...
Sat, 10 Oct 1998
ASEAN Women's Month '98 touts women's achievements
ASEAN Women's Month '98 touts women's achievements JAKARTA (JP): Ten years ago, the then six members of the Association of Southeast Asian Nations (ASEAN) signed a declaration on the advancement of women in the ASEAN region.
Sat, 10 Oct 1998
Inaccurate reporting
Inaccurate reporting I am an executive of a law company and used to dealing with a wide range of people from various classes of society, both Indonesian and foreign. I have learned a lot of things from my clients, like accuracy and punctuality for instance.
Sat, 10 Oct 1998
Car owners find ways to reduce maintenance costs
Car owners find ways to reduce maintenance costsBy Stevie Emilia JAKARTA (JP): If we had to choose between being stuck in a traffic jam in our own car or in a public vehicle, with the risk of being ripped off by pickpockets, many of us might take the first choice.
Sat, 10 Oct 1998
Legal, business consultants to study Senayan's assets
Legal, business consultants to study Senayan's assets JAKARTA (JP): The Senayan management board plans to hire legal and business consultants to appraise all its assets, it was announced on Friday.State Minister of Youth Affairs and Sports Agung Laksono, in his capacity as one of the board's deputy...
Sat, 10 Oct 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 9, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 325 0 0 AHAP Insurance 400 0 0 Alter Abadi 250 -25 633,500 Alumindo Light Metal 250 0 20,000 Alumindo...
Sat, 10 Oct 1998
Habibie to attend APEC summit in KL
Habibie to attend APEC summit in KL WASHINGTON (Agencies): President B.J. Habibie, who recently canceled a planned visit to Malaysia later this month, is to attend the APEC summit there in November, the Indonesian Ambassador to the United States said on Thursday."The President...
Sat, 10 Oct 1998
Protesters block newly built Serpong toll road
Protesters block newly built Serpong toll road TANGERANG (JP): Dozens of demonstrators blocked a tollgate of the newly built Bintaro-Serpong toll road in Ciputat here on Friday to protest its construction.
Sat, 10 Oct 1998
Ibnu named a suspect in promissory note forgery
Ibnu named a suspect in promissory note forgery JAKARTA (JP): The National Police are to send officers to the United States to investigate the alleged forgery of promissory notes worth about US$3 billion by Ibnu Hartomo, former president Soeharto's brother-in-law.
Sat, 10 Oct 1998
Tickets on sale for Asian Games
Tickets on sale for Asian Games BANGKOK (AFP): Tickets for the 13th Asian Games in Thailand in December will go on sale across the region next week, organizers said Friday.Around 14,700 tickets of the total of 77,000 have so far been sold in Thailand for ceremonies at the start and end of the games...
Sat, 10 Oct 1998
Putu puts on stage terror of May riots
Putu puts on stage terror of May riots JAKARTA (JP): The horrific May riots will again be addressed. This time, the case is brought to stage by playwright Putu Wijaya and his Teater Mandiri.His riot-inspired play, Ngeh (Understand), will be performed on Saturday and Sunday at Taman Ismail Marzuki...
Sat, 10 Oct 1998
Art Summit schedule
Art Summit schedule Oct. 9-10: Music, Wulan Bamban, Suka Hardjana (Indonesia), Gedung Kesenian Jakarta (GKJ), Jl. Pos No. 2, Central Jakarta (Phone: 3441892).Oct. 11-12: Theater, Ngeh (Understand), Teater Mandiri (Indonesia), Taman Ismail Marzuki (TIM), Jl.
Fri, 09 Oct 1998
Tokyo the exception as Asian markets ascend
Tokyo the exception as Asian markets ascend HONG KONG (AFP): Most Asia-Pacific stock markets rallied Thursday as investors cheered the surging yen, but Tokyo stayed out of the party on concerns the stronger currency could harm Japanese exports.Japan's Nikkei tumbled 5.
Fri, 09 Oct 1998
PSSI unveils groups for new league season
PSSI unveils groups for new league season JAKARTA (JP): The All Indonesian Soccer Federation (PSSI) announced on Thursday the soccer league championship grouping for the new season set to kick off on Nov. 1.
Fri, 09 Oct 1998
Estrada faces tough times in Philippines
Estrada faces tough times in PhilippinesBy Ruben Alabastro MANILA (Reuters): Joseph Estrada, the man from tinsel town, has survived the toughest first 100 days in office of any Philippine president, but concerns persist over his ability to lead the country out of its deepening economic gloom.
Fri, 09 Oct 1998
TV today
TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Cartoon: Warner Kartun 3:05 Music Lessons 3:30 Village Program 4:00 Regional News 4:30 Performance: Cakrawala Budaya 5:00 Music: Paket 27 5:30 Education Quiz: Cerdas Cermat 6:00 News: Lintasan Berita 6:05 Documentary: Rona Nusantara 6:15 Sports...
Fri, 09 Oct 1998
Estrada promises firm leadership
Estrada promises firm leadership MANILA (Reuters): Philippine President Joseph Estrada, faced with calls from investors for clear policy directions, pledged on Thursday to provide firm leadership to get the country out of its economic crisis.
Fri, 09 Oct 1998
ASEAN nation plan local monies trade
ASEAN nation plan local monies trade MANILA (Dow Jones): Six Southeast Asian countries aim to have a framework in place for using each others' currencies for the settlement of trade payments within six months, a business group meeting with trade and investment ministers from the nine-member...
Fri, 09 Oct 1998
Rupiah rate set at 11,216 against dollar
Rupiah rate set at 11,216 against dollar JAKARTA (JP): The Indonesian Debt Restructuring Agency (INDRA) set on Thursday the U.S. dollar exchange rate used to convert domestic corporate debt into rupiah at 11,216 for companies joining the agency in October.
Fri, 09 Oct 1998
Emerging market downturn to have rising impact in U.S.
Emerging market downturn to have rising impact in U.S. WASHINGTON (Bloomberg): The financial downturn that has spread from Asia through Russia and into Latin America will have a rising impact on U.S. economic growth as exports slow and confidence sags, U.S. Trade Rep.
Fri, 09 Oct 1998
17 foreigners arrested
17 foreigners arrested JAKARTA (JP): Immigration officers arrested 14 Pakistanis and three Indians on Wednesday on suspicion their entry into the country was made on false pretenses.Zaiman Nurmatias, director of immigration supervision and control, said in a statement the foreigners, all men, were...
Fri, 09 Oct 1998
Jakarta's social workers work tirelessly for the handicapped
Jakarta's social workers work tirelessly for the handicapped In observance of National Mental Health Day on Friday and World Mental Health Day on Saturday, The Jakarta Post reporter Ida Indawati Khow talked with several social workers at psychiatric centers in the capital.
Fri, 09 Oct 1998
Riot claim settlement
Riot claim settlement We refer to the business article titled "Sinar Mas already paid 40% of May riot victims' claims" of Sept. 18. It states in the article that "...Sinar Mas is the first company to publicly announce it has paid insurance claims to riot victims after four months of uncertainty...
Fri, 09 Oct 1998
Megawati's PDI mulling new name to contest election
Megawati's PDI mulling new name to contest election DENPASAR (JP): Megawati Soekarnoputri's faction of the splintered Indonesian Democratic Party (PDI) is considering a new name so it can contest next year's general election because the government only recognizes the rival PDI camp currently under...
Fri, 09 Oct 1998
Habibie to meet Estrada in Batam
Habibie to meet Estrada in Batam JAKARTA (JP): President B.J. Habibie has dropped his planned working visit to Malaysia this month and will instead meet with Philippine President Joseph Estrada next week in Batam, Riau.
Fri, 09 Oct 1998
ASEAN economies could get reprieve if dollar stays down
ASEAN economies could get reprieve if dollar stays down SINGAPORE (Dow Jones): Southeast Asian economies could get a reprieve from global pressure, following the sharp drop of the U.S. dollar on currency markets, economists said.
Fri, 09 Oct 1998
New culture in corporate mergers
New culture in corporate mergersBy Greg Doyle JAKARTA (JP): It seems likely that we will soon see a wave of mergers, divestitures and acquisitions in corporate Indonesia. Multinational firms are again looking for good deals, and the talk of the town is increasingly what is going to be sold, to whom...
Fri, 09 Oct 1998
Armed robbery in Pondok Cabe
Armed robbery in Pondok Cabe JAKARTA (JP): A group of masked robbers broke into a house in Pamulang in South Jakarta early on Wednesday and made off with an Isuzu Panther van, mobile phone, video recorder, jewelry and cash totaling Rp 200 million.City policeman spokesman Lt. Col.
Fri, 09 Oct 1998
Night patrols fail to stop killing spree in Banyuwangi
Night patrols fail to stop killing spree in Banyuwangi SURABAYA (JP): Despite intensive night patrols by residents and the military repeatedly asserting that it was in control of the situation, four more people have been killed in the mysterious East Java murder spree that has claimed more than 100...
Fri, 09 Oct 1998
Dollar may follow Asian monies' collapse
Dollar may follow Asian monies' collapseBy Yoshiko Mori TOKYO (Reuters): While the United States economy has little in common with Indonesia's, some analysts say the dollar could come under the same types of pressures that hit the beleaguered rupiah as "borrowed capital" flows back home in a time...