Trihamas Finance gets Rp 100b loan JAKARTA (JP): Multifinance company PT Trihamas Finance secured
a Rp 100 billion (US$41.66 million) syndicated loan from eight
banks yesterday. More ...
Government denies policy changes in mining contract JAKARTA (JP): State Secretary/Minister Moerdiono denied
yesterday that new foreign mining contractors would have to give
the government a 10 percent share of their ventures on a free
carried-interest basis. More ...
Bali to have tourism school DENPASAR, Bali: Bali's Indonesian Tourism Management
Institute (MAPINDO) has established a cooperation with
Australia's Western Melbourne Institute of Tafe, La Trobe
University and South Bank Tafe to set up an institute of higher
learning in tourism. More ...
Rights campaigner blasts arson MEDAN, North Sumatra: A human rights campaigner condemned
yesterday the burning of a house belonging to shaman Ahmad
Suraji, who is accused of murdering 42 women, Antara reported. More ...
Shuttlers 'need better future' JAKARTA (JP): The 1992 Olympic singles gold medalist Alan
Budikusuma has urged the Badminton Association of Indonesia to
start considering national shuttlers' future after they retire. More ...
The Listening Post "Building English Skills Through Newspaper + Radio"
Produced by American Language Center in cooperation with The
Jakarta Post and Radio Sonora FM 100. More ...
Seven-day-old headless body JAKARTA (JP): A forensic expert said yesterday a headless body
found Wednesday night in Cakung, East Jakarta, was about seven
days old.Mun'im Idris of Cipto Mangunkusumo General Hospital said he
believed the boy, found on Jl. More ...
Students protest against bashing by soldiers JAKARTA (JP): More than 350 students from Indonesia Christian
University marched to the office of the National Commission on
Human Rights yesterday in protest against soldiers who bashed
students at the university's Cawang campus Monday night. More ...
Work starts to change House rules JAKARTA (JP): After weeks of heated polemics, legislators
began work yesterday on ways to change the House of
Representatives' internal rules.The 500-strong House has set up a special team to come up with
a proposal on rule amendments by July 22. More ...
Govt firm on no pay for striking workers JAKARTA (JP): Striking workers will not be paid, the
government said yesterday, referring to the "no work no pay"
principle stipulated in an International Labor Organization
convention. More ...
Daya Sakti to double profit JAKARTA (JP): Publicly listed timber company PT Daya Sakti
Unggul Corporation expects to double its net profit to Rp 18
billion this year from Rp 9 billion in 1996. More ...
New entertainment hall opens next week JAKARTA (JP): A state-of-the-art entertainment center, which
will feature a mixture of entertainment, will be opened on Jl.
Sudirman on July 3, the center's deputy general manager said
yesterday. More ...
RI need to draft competition policy, say analysts JAKARTA (JP): Indonesia has undergone substantial trade reform
and deregulation and now needs to draft competition policy to
give it a more competitive economic structure, experts said here
yesterday.Mari E. More ...
Family accuse police of murder UJUNGPANDANG, South Sulawesi: Pani Dg. Ngempo reported to the
Ujungpandang Legal Aid Institute on Wednesday that local police
had beaten his son, Komaruddin, to death last week. More ...
Bogor back to normal after strike BOGOR (JP): Bogor was back to normal yesterday after a four-
day strike of all 13 routes that began June 17, while drivers
were waiting for authorities' to curb the addition of new
vehicles as was promised. More ...
Anniversary events spotlight obscure cultural gemsBy Yenni Kwok JAKARTA (JP): In its anniversary month, Jakarta does not lack
for international festivities. Different institutions are
continuing to organize interesting events as the celebratory mood
of June 22 lingers on. More ...
Riots blamed on growing sectarianism JAKARTA (JP): The widespread violence that marred this year's
general election is a sign of worsening domestic sectarianism, a
political analyst said yesterday. More ...
Military says East Timor rebel leader shot dead JAKARTA (JP): An East Timorese rebel leader died of bullet
wounds Wednesday after a gun battle in Baucau, 130 kilometers
east of Dili, the military said yesterday.Soldiers shot David Alex, 48, in the thigh and arm at about 11
a.m. More ...
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 26, 1997: Shares Close Change Trading Volume
-------------------------------------------------------
Ades Alfindo 1,950 -100 ... More ...
Beware of potential for riots: Soesilo JAKARTA (JP): The government believes that despite the passing
of the general election and the recent absence of riots there is
still great potential for unrest. More ...
No ties with Israel: Soeharto tells Syrians JAKARTA (JP): Indonesia will not establish diplomatic ties
with Israel as long as there is no comprehensive and just
solution to the disputes between Arab countries and Israel,
President Soeharto said yesterday. More ...
Sukarno's remains likely to stay put JAKARTA (JP): The government hinted yesterday that it would
not allow the remains of first president Sukarno to be moved from
a grave in Blitar, East Java, to one in Bogor, West Java. More ...
Pino may not fight in President's Cup JAKARTA (JP): Light-heavyweight boxer Pino Bahari has said he
will not fight in the President's Cup amateur championships,
which will be the final selection for the 19th SEA Games team. More ...
Indah Kiat's US$500m notes rated 'BB-' JAKARTA (JP): International rating agency Standard & Poor's
has given a "BB-" rating to Indah Kiat Finance Mauritius Ltd's
$500 million guaranteed notes due 2007.Standard & Poor's also raised its rating on Indah Kiat
International Finance Co B.V. More ...
YLKI requests consumers' help The Indonesian Consumers' Foundation (YLKI) is a
nongovernmental organization which deals with consumer
protection. One of its activities is to examine goods and
services. More ...
Verdict on bank row postponed JAKARTA (JP): The Jakarta Administrative High Court postponed
Wednesday a verdict on a dispute between the management and union
of the Hongkong and Shanghai Bank Corporation. More ...
Economic reform drive needs reinvigorating Prof. Sumitro Djojohadikusumo made some strong remarks
recently when he criticized the government for its lethargy in
bringing about economic reforms. More ...
Tiger attacks stop replanting BANDAR LAMPUNG, Lampung: Frequent tiger attacks in Sumberjaya
district, West Lampung, have stopped workers replanting and
watering seedlings in the protected Tangkit Tebak forest, Antara
reported yesterday. More ...
TV todayTVRI 2:30 p.m. News: Lintas Nusantara
2:40 Travel: My Country
2:45 Children's Film: Kelly
3:10 Children's Program: Tunas
3:35 Talk Show: Sambung Rasa
4:00 Regional News
4:30 Student's Quiz: Cerdas Cermat
5:10 Film: Home Green Home
5:25 Variety Show: Country Tracks
5:30 ... More ...
Two investors eyeing TIM project JAKARTA (JP): Two private investors have expressed interest in
helping finance the Taman Ismail Marzuki (TIM) art center
renovation project in Central Jakarta, an official said
yesterday. More ...
Where to go in Surabaya:Music and Entertainment * Tunjungan Crystal Hotel, Jl. Tunjungan 102-104:
- Lounge Bar: Stief's Band, Tuesday, Thursday, Saturday, open at
8 p.m. to 12 p.m.
* Mirama Hotel, Jl. Raya Darmo 58-76:
- Mirama Bar: Desire Band, Monday. Cigma Band, Tuesday. More ...
Where to go in Jakarta:Music * Shangri-La Hotel, Jl. Jend. Sudirman Kav.1, Central Jakarta:
- B.A.T.S: The Sunday Jazz Club performs live music, video clip,
talk show, etc., every Sunday, 1 p.m. to 6 p.m.,
* Hotel Horison, Jl. More ...
Lawyer's gun causes court turmoil JAKARTA (JP): The hearing of a lawsuit against Indonesian
Democratic Party (PDI) chairman Soerjadi deteriorated into a
scuffle yesterday after one of the defendant's lawyers took a gun
into the courtroom. More ...
President to sign stamps JAMBI, Jambi: President Soeharto is scheduled to sign a new
series of stamps which feature ornaments unique to Jambi to mark
the opening of the 18th national Koranic reading contest here on
July 9, Antara reported. More ...
Hamdani, Antonio draw in Bali JAKARTA (JP): NM Hamdani Rudin showed both poise and skill
when he drew with GM Rogelio Antonio of the Philippines in the
fifth round of the Bali Jeff-RCA Grandmaster Chess Tournament
Wednesday.Hamdani secured the draw on the 16th move through a Nimzo
Indian opening. More ...
Indosat, what is wrong? Since the purchase of my mobile phone about three months ago,
I have not been able to receive calls from phones in Indonesia. A
success rate of one call out of 50 has been the normal rate. More ...
Rising drug abuse worries Soeharto JAKARTA (JP): President Soeharto said yesterday he was
concerned by the steady growth of drug addiction despite
international efforts to curb drug abuse and trafficking.He pledged that the government would keep fighting drug abuse
and try to rehabilitate addicts. More ...
Putting Pol Pot on trial A rare chance exists to hold Pol Pot, one of this century's
most notorious mass murderers, accountable for his crimes against
humanity and the Cambodian people. Many hurdles must still be
overcome before he can be brought before an international
tribunal. More ...
Family can play vital role in helping diabetes patients JAKARTA (JP): Adhering to a strict diet to reduce weight is
hard enough for the healthy. But for elderly people with diabetes
melitus, dietary restrictions can be difficult to follow. More ...
How will the euro affect Indonesia? The following is an excerpt of a paper presented at the ABN-
AMRO Conference on the European Single Currency on June 17 in
Jakarta by J. Soedradjad Djiwandono, a professor of economics at
the University of Indonesia and Governor of Bank Indonesia. More ...
PT Apac Centertex plans US$100 million expansion JAKARTA (JP): Publicly listed textile producer PT Apac
Centertext Corporation (ACC) plans a US$100 million package of
expansion projects this year, the company said yesterday. More ...
Amungme chief says treat my people right JAKARTA (JP): An Irianese tribal leader called yesterday for
better treatment of indigenous people around PT Freeport
Indonesia's gold and copper mine. More ...
Panasia plans to float 50 million shares JAKARTA (JP): Polyester producer PT Panasia Filament Inti will
float 50 million shares, or 20 percent of its enlarged capital,
to raise Rp 32.5 billion (US$13.54 million) in fresh funds. More ...
IAI cannot halt malpractice among public accountant JAKARTA (JP): The Indonesian Association of Accountants (IAI)
said yesterday that malpractice was common among public
accountants, but insisted it could do nothing to stop it if
clients collaborated with their accountants. More ...
Games sticker sales extension starts next month JAKARTA (JP): A gubernatorial decree on SEA Games sticker
sales will be extended next month after the consortium assured
better management, a city official said yesterday. More ...
Telecom industry 'needs $10b' in new investment JAKARTA (JP): The telecommunications industry will need a new
private investment injection of up to US$ 10 billion in the
Seventh Five-Year Development Plan period which starts in April
1999, a senior official said here yesterday. More ...
Corruption undermines developing countries' economy The following is the second of two articles based on an
excerpt from a chapter, titled "Restraining Arbitrary State
Action and Corruption," of the 1997 World Bank Development
Report. More ...
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