Rupiah rebounds, but shares nosedive JAKARTA (JP): The Jakarta Stock Exchange suffered another
large intraday loss yesterday, while the rupiah recovered to
2,890 in late trading after touching a new record low of 3,070
against the U.S. dollar, dealers and brokers said. More ...
Get connected The Jakarta Post should start building its website on the
World Wide Web. I do not see any reason for delay.First, The Jakarta Post, like Kompas, belongs to the Gramedia
Group. More ...
Montegrappa launches new exclusive pen JAKARTA (JP): Italian pen-maker Montegrappa launched yesterday
an exclusive pen called Aphrodite, with prices of up to Rp 28
million (US$10,000) each. More ...
BI issues new Rp 500 coin JAKARTA (JP): The central bank, Bank Indonesia, has issued a
new Rp 500 coin to increase the use of coins as legal tender in
the country.The central bank said yesterday the new coin issued Thursday
would be an addition to the existing Rp 500 coin issued 1991. More ...
Unpaid cellular phone bills reach billions of rupiah JAKARTA (JP): The amount of unpaid bills to the country's
cellular telephone operators have reached billions of rupiah and
the trend is increasing, a telecommunications executive said
yesterday. More ...
Broadcasting bill to be deliberated secretly JAKARTA (JP): The House of Representatives and the government
agreed yesterday to delay deliberations on two of the five
broadcasting bill articles to be amended in a closed meeting next
week. More ...
Mitsubishi's new Lancer proves a hitBy John Aglionby MITSUBISHI has struck an unexpected vein of customer appeal
with its 1.6-liter, 16-valve New Lancer sedan.Sales since it was launched two and a half months ago have
been 50 percent above the target and the waiting list is still
five weeks long. More ...
U.S. must get tough with Israeli leadersBy Jonathan Power LONDON (JP): A short two and a half years ago, the then
foreign minister of Israel, Shimon Peres, observed, "I don't
think we have in the Middle East a process of peace. More ...
Excess stock pushes down sales of Voksel JAKARTA (JP): PT Voksel Electric Tbk, a publicly listed cable
producer, said yesterday the fall in its sales in the first half
of this year was caused by overhanging cable stocks in the
market. More ...
Sempati must be more realistic: Nainggolan JAKARTA (JP): Private airline PT Sempati Air has to be more
realistic and logical to become a profitable company, the
airline's outgoing president, Santun Nainggolan, said here
yesterday. More ...
Two megaprojects finally included in revised plan JAKARTA (JP): Two widely publicized megaprojects -- the three-
tier transit system and the Manggarai integrated terminal -- have
finally been included in the revised 1997-2020 spatial plan, a
city official said yesterday. More ...
Soros's investment Referring to the news report concerning PT Datakom Asia
published in Thursday's (Aug.28) paper (Page 1), it was mentioned
that the investment made by Soros was put at US$40 million. The
correct figure is $10 million. More ...
Setiabudi fire victims banned from rebuilding JAKARTA (JP): South Jakarta Mayor Pardjoko has banned the
residents of Setiabudi district whose houses and shops were razed
by fire Thursday from rebuilding their properties. More ...
The changing face of the gearboxe in your car EVERYONE one has heard claims about Formula One technology
finding its way into the real world: Car-makers have always been
keen to exploit any chance of linking their mundane road cars to
the glamorous domain of motor sport. More ...
Coca Cola Cup final in Aceh JAKARTA (JP): Four Under-16 Indonesian soccer teams will
compete at the semifinals and final of the 1997 Coca Cola Cup in
Banda Aceh on Sept. 7 and Sept. 8.The cup has been organized annually since 1986 to commemorate
National Sports Day, Sept. More ...
Webber talks with Williams LONDON: Mark Webber has had a meeting with Formula 1 team
chief Frank Williams, but says it was nothing more than a social
chat over lunch. More ...
Admadjaya still controls Bank Danamon JAKARTA (JP): The Admadjaya family said yesterday they
remained the majority shareholder of the publicly listed Bank
Danamon which was recently battered by rumors of clearing loss. More ...
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 29, 1997: Shares Close Change Trading Volume
-----------------------------------------------------------
Ades Alfindo ... More ...
Sales of stickers for vehicle owners JAKARTA (JP): Vehicle owners renewing documents at City Police
headquarters from Monday will be forced to buy stickers to
finance the 19th Southeast Asian Games, an official said
yesterday.The city's coordinator for vehicle ownership documents,
Manahan P. More ...
Currency speculators The recent bashing of so-called "currency speculators" in
Southeast Asian countries deserves to be looked at from another
perspective.These players are labeled speculators because there is no
certainty that their actions will be profitable. More ...
Haze forces river travel SAMARINDA, E. Kalimantan: Hundreds of people from the northern
part of the province had to resort to traveling by boat to
Samarinda after perpetual thick smoke created poor visibility and
forced the closing down of three airports here. More ...
Oka aims for Indonesian, Malaysian armiesBy Neil McDonald AUSTRALIA's rugged four-wheel drive Oka vehicles looks set to
become a preferred military transport vehicle in both Indonesia
and Malaysia.Apart from the Indonesians, the Malaysian army is looking at
buying the 2. More ...
Push for world standards WASHINGTON: Two automotive trade associations have formally
asked the United States Government to push for the adoption of
"functionally equivalent" safety standards worldwide. More ...
Sober religious tale belies during acrobatic performanceBy Yogita Tahil Ramani JAKARTA (JP): Droves of people pressed forward for a closer
look as the woman deftly twirled a baton and simultaneously
tossed wooden boxes, a couple of stools and more with her strong
flailing legs. More ...
Mercedes ML-Class hits the road ALABAMA: Mercedes-Benz has launched its new ML320 four-wheel
drive sports utility vehicle in the United States. More ...
Underground map vital for subway project: Surjadi JAKARTA (JP): Governor Surjadi Soedirdja wants the
administration to develop an underground map of the capital
before subterranean development projects begin. More ...
Caves potential tourist site BANYUWANGI, East Java: Hundreds of caves left by the World War
II Japanese army in Banyuwangi, East Java, have yet to be turned
into tourist attractions, a local official was quoted by Antara
as saying. More ...
Unscrupulous labor agents to face Army JAKARTA (JP): President Soeharto has ordered the Armed Forces
to back up provincial authorities' crackdown on unscrupulous
labor agents who cheat young people into working abroad
illegally. More ...
Texmaco's sales up 98% JAKARTA (JP): Publicly listed engineering company PT Texmaco
Perkasa Engineering recorded an 98 percent increase in net sales
to Rp 276.7 billion (US$104.41 million) in the first semester
this year from Rp 139.7 billion in the same period last year. More ...
General Motors stands firm on national car disputeBy John Aglionby UNITED STATES automotive giant General Motors looks set to
keep all new models out of Indonesia until the dispute over the
country's national car policy is resolved. More ...
World top car racers join in Rally of Indonesia '97 JAKARTA (JP): Some of the world's top rally racers have
confirmed their participation in the Rally of Indonesia '97,
scheduled to be held in Medan, North Sumatra, from Sept. 9. More ...
TV todayTVRI 2:00 p.m. News: Berita 14
2:30 Travel: My Country
2:35 Children's Film: The Crystal Maze
3:10 Teenagers' Program: Vocal Group
3:35 Travel: Wisata Nasional
4:00 Regional News
4:30 Sports
5:25 Variety Show
5:30 TV Series: Full House
5:55 Music
6:00 News: Lintasan ... More ...
Legislators urged to be more critical JAKARTA (JP): House Speaker Wahono called on members of the
House of Representatives yesterday to pump up their courage and
dare to criticize government policies. More ...
Govt grants tax holidays to six firms JAKARTA (JP): The government will grant tax holidays to six
out of 19 companies which applied for the facility, State
Minister of Investment Sanyoto Sastrowardoyo said here yesterday. More ...
U.S. must sign treaty to ban land mines On Sept.1, representatives from more than 100 nations will
thrash out what it is hoped to be a final agreement to ban anti-
personnel land mines. More ...
See the century's full lunar eclipse Sept. 17 JAKARTA (JP): Circle Sept. 17 on your calendar and set your
alarm clocks for midnight because astronomers say that will be
when the last full lunar eclipse of this century occurs."The earth will come between the sun and the moon at 1:16 a.m. More ...
Timikans hang high hopes for rights body JAKARTA (JP): Residents of Timika in Irian Jaya urged the
National Commission on Human Rights to come and probe the unrest
that hit the town recently, a call which was promptly answered by
the rights body. More ...
Kevin Schwantz considers comeback DALLAS: Former world motorcycle champion Kevin Schwantz is
considering a huge offer to make a comeback.His old team, Suzuki, has reportedly offered the Texan $10
million for a single season in a desperate move to rescue its
struggling GP program. More ...
Excellent hospital service I am a fairly regular reader of your paper and have noted that
your correspondence column usually consists of a series of
complaints. More ...
President Soeharto to get UNDP award JAKARTA (JP): President Soeharto will receive an award from
the United Nations Development Program (UNDP) for his outstanding
commitment to alleviating poverty in Indonesia, Foreign Minister
Ali Alatas said yesterday. More ...
Ulemas will study from Turks SEMARANG: Seven ulemas and some officials from the Central
Java provincial administration will fly next month to Turkey to
study the development of Islam there, according to a member of
the Indonesian Ulemas Council (MUI). More ...
Digital phones in West Jakarta JAKARTA (JP): The West Jakarta office of state-owned
telecommunications company PT Telkom is to start operating an
automatic digital telephone exchange on Jl. Gatot Subroto
tomorrow, an official said yesterday. More ...
Polysindo's profit up JAKARTA (JP): Publicly listed PT Polysindo Eka Perkasa posted
a 59 percent increase in net profit to Rp 123.4 billion (US$46.56
million) in the first semester this year from Rp 77.3 billion in
the same period last year. More ...
Official parking fees may be raised by 30% JAKARTA (JP): The administration is drafting a proposal to
hike parking fees by around 30 percent to between Rp 500 (17 US
cents) and Rp 1,000 per vehicle per hour. The official tariff is
Rp 300. More ...
Robin Cook tackles human rights British Foreign Secretary Robin Cook arrived in Jakarta
yesterday on his four-nation Southeast Asian tour, taking the
first vital step toward dealing honorably with the British
colonies which still span the globe. More ...
Mickey Rourke bores in tawdry sequel to '9 1/2 Weeks'By Dini S. Djalal JAKARTA (JP): Webster's defines has-been as a "person that was
formerly popular or effective but no longer so".They should add two more words to their description. Mickey
Rourke. More ...
New Jakarta Ensemble crosses culturesBy Emilie Sueur JAKARTA (JP): Tony Prabowo seems to bristle when utterances of
"new music" are used to describe his music. More ...
Nearly blind Tubi sells 'cincau' drink to surviveBy Listiana Operananta JAKARTA (JP): Despite ever-stiffening competition from the
mushrooming number of modern, branded, canned and bottled drinks,
Tubi, a nearly blind man, continues his own minuscule traditional
business selling cincau. More ...
Cook expresses concern over rights situation in E. Timor JAKARTA (JP): Visiting British Foreign Secretary Robin Cook
expressed concern yesterday over the current human rights
situation in East Timor and indicated the possible cancellation
of some arms sales from his country to Indonesia over the ... More ...
Public seen not ready for debate on presidential term JAKARTA (JP): The discussion on whether Indonesia needs to
limit the presidential term continued yesterday with political
analysts airing conflicting views. More ...
Kopaja bus drivers complain at council JAKARTA (JP): All the Kopaja minibus drivers and their
conductors plying the Lebak Bulus-Kota route went to the City
Council yesterday demanding the banning of Steady Safe's regular
buses that overlap their route. More ...
A shopping paradise? With the rupiah still unstable, this may not seem like the
most appropriate time to talk about turning Jakarta into a
shopping paradise to rival Singapore, London, Hong Kong and other
long-famed shopper destinations in the world. More ...
Indonesians discouraged from speaking English in public JAKARTA (JP): An English language expert lamented recently
that the use of English was often shunned by the public who
consider local English speakers arrogant. More ...
ABC to recommend eight shuttlers for SEA Games JAKARTA (JP): The Asian Badminton Confederation (ABC) finally
gave its recommendation to the Badminton Association of Indonesia
to name eight shuttlers for the 19th SEA Games, which are to be
held here in October. More ...
Satellite operator suffers US$3m loss JAKARTA (JP): Private satellite operator PT Pasifik Satelit
Nusantara (PSN) suffered a US$3.04 million net loss in the first
half of this year, up from $98,638 in the same period last year. More ...
Where to go in Jakarta:Exhibitions * Painting Exhibition: Nuansa Decoratif by Sutopo, Djoko Maruto,
Petrus Pranagung at Mon Decor Gallery, Jl. Gunung Sahari Raya
No.1 Blok B 13-14, Central Jakarta, 9 a.m. to 8 p.m., until Sept.
14. More ...
Islamic organizations play major role on political stage YOGYAKARTA (JP): Indonesia's oldest and biggest student
organization, the Association of Islamic Students (HMI), recently
concluded its congress fending off criticism about its apparent
cozying up to the power holders. More ...
N. Korea-Japan talks stir hope for peace North Korea and Japan's interests seem to have merged.The former badly needs food and economic aid from Japan, while
the latter has been pushed toward North Korea by plans for a
four-nation parley, which excludes Japan. More ...
Ricky Putra gets US$30m syndicated loan JAKARTA (JP): Garment producer PT Ricky Putra Globalindo of
the Ricky Group signed yesterday a US$30 million syndicated loan
facility to refinance existing debts and strengthen its
distribution division. More ...
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