Allianz changes image JAKARTA (JP): Global German-based insurance group Allianz has
introduced a new logo as part of its efforts to change its
corporate image.A statement released on Monday said the new logo was created
earlier this year and the company has been promoting it since
early March. More ...
Tiara plans rights issue JAKARTA (JP): Shareholders of nationalized Bank Tiara Asia
approved on Monday the bank's plan to issue rights shares to
raise Rp 5.3 trillion (US$600 million) for recapitalization.The bank said in a statement it would issue 42. More ...
Executive gets six years in jail for embezzlement JAKARTA (JP): The Central Jakarta District Court on Monday
sentenced the former chief executive of a now closed industrial
gas company to six years in jail for embezzling Rp 3 billion
(US$340,900) from a loan given to the company. More ...
Pertamina told to rexamine Natuna pipeline tender JAKARTA (JP): Minister of Mines and Energy Kuntoro
Mangkusubroto has ordered the state oil and gas company
investigate alleged irregularities in the bidding process for the
construction of a 650-kilometer underwater pipeline to supply
natural gas ... More ...
Zawawi to appear in court soon JAKARTA (JP): The Jakarta Prosecutor's Office is expected to
submit to the North Jakarta District Court this week dossiers
detailing the alleged involvement in corrupt practices of former
head of the Jakarta Logistics Agency (Dolog Jaya) Ahmad Zawawi. More ...
Bantimurung National Park's butterflies in dangerBy Jupriadi MAROS, South Sulawesi (JP): Butterflies, one of the most
beautiful species in the world, are widely found in Bantimurung,
Maros, 45 kilometers north of Ujungpandang. More ...
PPP's Djafar appointed to chair elections committee JAKARTA (JP): Head of the United Development Party's (PPP)
Jakarta chapter, Djafar Badjeber, was appointed chairman of the
Provincial Elections Committee (PPD I) for the capital on
Saturday. More ...
Govt to issue travel ban on bad bankers JAKARTA (JP): The government will slap travel bans on the
owners and executives of 38 recently liquidated banks on Tuesday,
the minister of justice said on Monday. More ...
WB urged to postpone aid package JAKARTA (JP): About 100 people protested in the lobby of the
31-story Jakarta Stock Exchange (BEJ) tower on Monday, demanding
World Bank (WB), whose offices are in the building, postpone the
disbursement of its Rp 109. More ...
Rallies allowed in public sites JAKARTA (JP): The General Elections Commission (KPU) ruled on
Monday that political rallies would be permitted in public
places, and the number of participants would not be limited. More ...
Brawl kills three in Manggarai MAUMERE, East Nusa Tenggara: At least three people were killed
when residents from two villages in Manggarai Regency clashed
over the weekend, Pos Kupang reported on Monday. More ...
Former village head killed KENDAL, Central Java: A former village head was killed and 14
homes were destroyed in a riot during a village election in
Margorejo in the Cepiring district here.Several recent village head elections in Central Java have
similarly ended in violence. More ...
OPEC nations try to flex their old musclesBy David DeRosa NEW YORK (Bloomberg): The Organization of Petroleum Exporting
Countries (OPEC) and four non-member oil-producers ratified an
agreement last week to remove about 2. More ...
ICJ calls for trial of human rights violators in Aceh JAKARTA (JP): The Geneva-based International Commission of
Jurists (ICJ) called on the government on Monday to send alleged
human rights perpetrators in the troubled province of Aceh to
trial. More ...
Major parties back KPU's code of conduct JAKARTA (JP): All major political parties, excluding the
Golkar Party, gave a thumbs up to the General Election
Commission's campaign code of conduct barring political parties
from recruiting state officials, including ministers, from
campaigning. More ...
Banyuwangi's regent resigns Banyuwangi Regent, T. Purnomo Sidik has finally resigned from
his post. He stepped down after an organization known as the
Group of 101 insisted that he relinquish the position. More ...
Winsurfers gear up for Olympic qualifications JAKARTA (JP): National windsurfers Oka Sulaksana and Fadli
Faizal must be ranked among the top 20 in the world in order to
qualify for the 2000 Olympics in Sydney, coach Iskandar Sitompul
said on Monday. More ...
Secretaries: Be-all, end-all of firmsBy Lena Rosenthal JAKARTA (JP): Painting their fingernails, making coffee or
showing off their oh-so-short miniskirt, a present from the boss,
the stereotypical secretary was never thought to belong to the
"smart crew" of any business. More ...
RI, foreign banks agree on debt solution JAKARTA (JP): The government and a group of 13 foreign banks
announced in a joint statement released on Monday that they had
reached an agreement on the terms to restructure the debts of
cash-strapped Indonesian banks. More ...
Palestinian statehood From proclaiming independence (Palestinian Chairman Yasser
Arafat) is now trying to exchange his premature declaration for a
new measure of American political support for a Palestinian
state. The United States was already beginning to move in that
direction. More ...
Where to go in Bandung:Exhibitions * Photo Exhibition: Germany Advertisement Photograph in 1925-
1988, at Galeri Soemardja, Bandung Institute of Technology, Jl.
Ganesha 10, 9 a.m. to 5 p.m., until April 10. More ...
Renewal of spirit I am not in favor of, or against any group or political party.
Please read my words; I am in favor of renewal of spirit in every
field, if that is possible. Statesmen with vision should see
every development in an historical perspective. More ...
Bank recapitalization is on track: Officials JAKARTA (JP): Minister of Finance Bambang Subianto and Bank
Indonesia Governor Sjahril Sabirin reassured the public on Monday
that the government's bank recapitalization program was
proceeding as scheduled. More ...
Indosat's credit card call JAKARTA (JP): State-owned international call operator PT
Indosat, in cooperation with Citibank, Indonesia, on Monday
launched a new service called Credit Card Calling Service. More ...
RI to join Korean expo JAKARTA (JP): The government is to send a delegation to South
Korea to promote Indonesia's tourism industry at the Kangwon
International Tourism Expo, governor of South Korea's Kangwon
province Kim Jun Sun said here on Monday. More ...
Astra Agro's profits soar JAKARTA (JP): Publicly listed PT Astra Agro Lestari reported
on Monday its net profits jumped by 146.6 percent to Rp 223.4
billion in 1998 from Rp 90.6 billion the previous year.The soaring profits resulted from the increase in net sales to
Rp 853. More ...
GE Capital Service to buy majority stake in Bank Bali JAKARTA (JP): GE Capital Services, the financial arm of the
U.S.-based General Electric Co., plans to acquire a majority
stake in Bank Bali, a bank director confirmed on Monday. More ...
Elections commission on learning curve JAKARTA (JP): The 20-day-old, 53-member General Elections
Commission (KPU) is learning-by-doing as it attempts to foster
democracy through the implementation of a free and fair general
election this year. More ...
Alleged vehicle thief shot dead JAKARTA (JP): South Jakarta Police shot dead a man for
allegedly resisting arrest early Monday, after he was caught
trying to steal a car parked in the Bukit Duri area in Tebet, an
officer said.City Police spokesman Lt. Col. More ...
Madurese evacuation to Pontianak suspended SINGKAWANG, West Kalimantan (JP): As peace and order gradually
returns to Sambas, Regent Tarya Aryanto discontinued the
evacuation of local Madurese refugees to Pontianak, citing the
crowded refugee centers in the provincial capital. More ...
Who will triumph at the polls? This is the second of two articles on the mapping of
Indonesian politics prepared by Lance Castle, a visiting lecturer
in political science at Gadjah Mada University, Yogyakarta. More ...
BBD offers high severance pay JAKARTA (JP): State-owned Bank Bumi Daya (BBD) will provide up
to Rp 150 million (about US$17,000) in severance pay to bank
officials who choose to resign or take an early retirement. More ...
Pistol found near airport TANGERANG (JP): Head of the Soekarno-Hatta International
Airport Police subprecinct Capt. Titik Valentina found a revolver
dumped by two unidentified man riding a motorcycle in a street
near the airport on Saturday night. More ...
On starvation in North Korea They are called "black swallows", the starving, stunted and
orphaned children of North Korea who haunt the country in search
of food.They are the youngest victims of a devastating famine that has
killed at least two million North Koreans since the mid-1990s. More ...
Habibie, KPU still at odds over ministers JAKARTA (JP): President B.J. Habibie and the General Elections
Commission (KPU) are still at loggerheads over the question of
Cabinet ministers participating in election campaigns. More ...
GMI halts expansion plan due to crisis JAKARTA (JP): Automotive producer General Motors Indonesia
(GMI) has put on hold some of its local expansion projects due to
the economic crisis.GMI's president William S. More ...
Pelindo unit sale not undervalued, says govt official JAKARTA (JP): The government denied on Monday allegations that
the sale of PT Jakarta International Container Terminal, a unit
of state-owned port operator PT Pelindo II, to Hong Kong's
Hutchison Whampoa was undervalued. More ...
Habibie follows through on nine-point promise to Aceh JAKARTA (JP): President B.J. Habibie summoned 15 ministers on
Monday to follow up on his nine-point promise made to people in
Aceh during his one-day trip to the province last week, including
legal action against those involved in rights ... More ...
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 29, 1999: Shares Close Change Trading Volume
Ades Alfindo 225 0 ... More ...
ARMI takes over Shell's gas block JAKARTA (JP): The government has approved American company
Atlantic Richfiled Muriah Inc.'s (ARMI) acquisition of the Muriah
gas block off the coast of Central Java from Dutch energy company
Shell, state oil and gas firm Pertamina said on Monday. More ...
Police search for provocateurs of fatal incident in Bogor BOGOR (JP): Police are still searching for two men believed to
be responsible for spreading rumors that led to a street brawl
and river drownings on Friday, so far claiming the lives of 14
students. More ...