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Found 1,349 articles

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices primarily closed higher on the Jakarta Stock Exchange (JSX) yesterday with most issues gaining ground in light trading.The broad-based Composite Index closed 0.73 points higher at 449.84, as compared to 449.1 on Tuesday.

Where to go in Jakarta:

Where to go in Jakarta:Music * The Aryaduta Jakarta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Thursday, Friday and Saturday from 7 p.m. to 11 p.m.; Lost Morenitos, Sunday, Tuesday and Wednesday from 7 p.m. to 11 p.m.

No change on APEC plan

No change on APEC plan TOKYO (Reuter): The huge earthquake which hit central Japan on Tuesday is unlikely to prompt any change in plans for the next meeting of the Asia-Pacific Economic Cooperation (APEC) forum in Osaka in November, foreign ministry officials said yesterday.

Never ending story

Never ending story On Dec. 2, 1994, at 10 p.m., my car was hit by a President taxi. I signaled the driver of the taxi to pull over in front of the Grand Hyatt in order to exchange names, addresses, etc.

Hassle-free environment key to Batam's success

Hassle-free environment key to Batam's successBy Riyadi BATAM, Riau (JP): Hassle-free trading and investment in Batam has resulted in miracle economic growth on the island, Minister of Industry Tunky Ariwibowo said yesterday.

Pedestrian bridge

Pedestrian bridgeFrom NeracaIn the effort to solve the traffic problem on Jl. Raya Pasar Minggu, South Jakarta, a pedestrian bridge has been installed. The problem now is that the pedestrian bridge is wrongly placed.

Bad hotel service

Bad hotel serviceFrom Media IndonesiaFrom Dec. 29 to 31, 1994 I spent my holidays in Manado (North Sulawesi) enjoying the Bunaken sea park. Then I went to stay at the Kawanua City Hotel. I particularly chose this hotel because it is under the management of the well-known Sahid Group.

Depreciation to be checked at 3%-4%

Depreciation to be checked at 3%-4%CORRECTION: The headline of our story Rupiah depreciation limited to 40% on this page yesterday was erroneously printed and did not accurately reflect the content of the story itself.

Incessant rain flood 32 areas

Incessant rain flood 32 areas JAKARTA (JP): The city's public works office reported yesterday that constant rain pouring down over the last few days had inundated 32 locations by 10-25 centimeters.An official of the office Leo Yanmer Sianturi said that the flooded locations included Jl.

Low-cost apartments

Low-cost apartments JAKARTA (JP): Thamrin Djamain, president of the city-owned housing company PD Sarana Jaya, is reminding residents of low- cost apartments that they are not allowed to rent or sublet their units to other people without consent of the management.

Govt asks banks to extend credit for coffee sector

Govt asks banks to extend credit for coffee sector JAKARTA (JP): The government has urged banks to expand credits for the expansion of coffee plantations to help maintain the country's position as the third largest producer and exporter of coffee in the world, an official says.

Man tried for 'selling' wife

Man tried for 'selling' wife JAKARTA (JP): A man was arraigned at the South Jakarta District Court yesterday for allegedly selling his wife to a pimp who later employed her as a prostitute.Yudi Hariadi Sutikno is charged with "selling" his wife, Rini Sundari, to a woman named Yuni Saputra, who is...

Local wrong perceptions hinder tourism development

Local wrong perceptions hinder tourism development JAKARTA (JP): The unfavorable perception among local people of the development of tourist facilities is hampering the promotion of the tourism which has been fostered for 25 years.

Oki coverage spawns debate on trial by press

Oki coverage spawns debate on trial by press JAKARTA (JP): The barrage of news in the past week about the Los Angeles triple murder and the role played by Harnoko Dewanto, alias Oki, the main suspect, has spawned another debate on whether or not the media goes overboard to the point of trial by the...

Gus Dur still very much in charge of NU

Gus Dur still very much in charge of NU KUDUS, Central Java (JP): Abdurrahman Wahid was still very much in charge of the Nahdlatul Ulama (NU) when he led a massive ceremony on Tuesday night to mark the Moslem organization's 71st anniversary.

Population of orangutans in E. Kalimantan declining

Population of orangutans in E. Kalimantan declining JAKARTA (JP): The government estimates the number of orangutans in East Kalimantan to be 300, warning that the orangutan population is dwindling as a result of forest exploitation activities.

Freeing cement prices

Freeing cement prices Indonesia's Minister of Trade Satrio B. Joedono revealed last week what we hope will eventually set a precedent for restoring market forces in the prices of industrial products still subject to government control.

Traffic problem

Traffic problemFrom Sinar PagiWith the removal of the Regent's Office and other Services from Bogor to the Cibinong district in West Java, the traffic in this area has become increasingly congested.The two-lane road between Cibinong and Bogor has been widened to become a six-lane road.

Central bank reaffirms realistic exchange rate

Central bank reaffirms realistic exchange rate JAKARTA (JP): The governor of Bank Indonesia, the central bank, reaffirmed yesterday the importance of maintaining a realistic exchange rate of the rupiah.

Garuda to sell aircraft for quick cash infusion

Garuda to sell aircraft for quick cash infusion JAKARTA (JP): Garuda Indonesia, the country's flag carrier, will only sell its idle Airbus A300-B4 and Fokker F-28 aircraft for cash as it needs money to improve its financial structure.

Productive use of funds urge

Productive use of funds urge JAKARTA (JP): Deputy Governor for Economic and Development Affairs Tb. Rais stressed that the presidential aid for least- developed villages should be used for productive activities.

Local youths leave for Japan

Local youths leave for Japan MATARAM, West Nusa Tenggara: Forty-three youths from the province left for Japan on Wednesday to undergo two years of industrial apprenticeship, Sukirno, the head of the local manpower office, said.

RI's golfers to junior Aspac meet

RI's golfers to junior Aspac meet JAKARTA (JP): Indonesia is among 16 countries invited to the inaugural Asia Pacific junior golf championship in Kuala Lumpur next July.Ho Koh Chye of Sportexcel, the organizer of the junior meet, said yesterday that the men's under-20 tournament would pit Asia's...

Philippine budget surplus

Philippine budget surplus MANILA (Reuter): The Philippine government posted a 12 billion peso (US$496 million) budget surplus for 1994, its first surplus for 20 years, Finance Secretary Roberto de Ocampo said yesterday.The surplus compares with an anticipated 1994 deficit of 4.

Yogya restricts plane traffic

Yogya restricts plane traffic JAKARTA (JP): Minister of Transportation Haryanto Dhanutirto has temporarily barred all Boeing 737 and DC-9 planes from using the Adisucipto airport in Yogyakarta after another plane, the third in three weeks, slid off the runway Monday night.

Malaysian national sentenced to death for drug trafficking

Malaysian national sentenced to death for drug trafficking JAKARTA (JP): Judge Leo Hutagalung of the Central Jakarta District Court yesterday sentenced Malaysian Tham Tuck Yin, alias A Tjai, to death for drug trafficking.

Australia okays rifle sale to RI

Australia okays rifle sale to RI CANBERRA (Reuter): Australia's government has approved in principle a bid by an arms manufacturer to sell rifles to the Indonesian military, officials said yesterday.The Australian newspaper said approval was granted despite advice from within the Department of...

Johnie Walker Classic to start

Johnie Walker Classic to start MANILA (Agencies): Many of the world's top golfers, including defending champion Greg Norman of Australia and world number one Nick Price of Zimbabwe, will take part in the annual Johnnie Walker Classic in the Philippines from Jan. 26 to 29, organizers said yesterday.

Kim to be charged with falsifying export documents

Kim to be charged with falsifying export documents JAKARTA (JP): Government prosecutors have come a step closer to unraveling the bogus exports scandal involving textile tycoon Kim Johannes Mulia, government officials and bankers.Deputy Attorney General for Special Crimes A.

Manila to free 17 Vietnamese

Manila to free 17 Vietnamese MANILA (AFP): Manila has agreed to release 17 Vietnamese fishermen arrested last October for allegedly poaching in Philippine waters, but will hold their boats, the Foreign Department said yesterday.

Singapore spot oil product prices up on Japan quake

Singapore spot oil product prices up on Japan quake SINGAPORE (Reuter): Spot prices for refined oil products in Singapore were mostly firmer yesterday after the powerful earthquake which hit central Japan shut at least two oil refineries and reduced operations at two others.

Theft rife in Bali temples

Theft rife in Bali temples DENPASAR, Bali: Theft of sacred temple items is rife on this predominantly Hindu island, prompting a respected academic to propose that places of worships be provided with alarm systems.

Legal expert says Oki should be tried in LA

Legal expert says Oki should be tried in LA SEMARANG (JP): Noted legal expert Muladi says that, for practical reasons, Indonesia should send Harnoko Dewanto, alias Oki, back to Los Angeles to face the murder charges there.

Rupiah depreciation limited to 4%

Rupiah depreciation limited to 4% JAKARTA (JP): Minister of Finance Mar'ie Muhammad announced yesterday that the depreciation of the rupiah against the U.S. dollar will be limited to between three percent and four percent in the 1995-1996 fiscal year.

ABRI members told not to break law

ABRI members told not to break law JAKARTA (JP): Indonesian Armed Forces (ABRI) Commander Gen. Feisal Tanjung has ordered all ABRI personnel to refrain from any type of lawbreaking, such as violations, collusion and fighting among themselves or with civilians.

Soap operas

Soap operasFrom Bisnis IndonesiaIndonesian private television stations are now airing many soap operas, popularly known as telenovela, mostly imported from Brazil.These serials, even though most of them contain intrigues, are loved by people, particularly housewives.

Earthquake leads to chaotic business

Earthquake leads to chaotic business TOKYO (AFP): Japanese manufacturers halted factory operations in western Japan yesterday while the Osaka Securities Exchange suspended share trading after a massive earthquake devastated the area.Among the companies affected were Kobe Steel Ltd.

Boy Aruan set to keep OPBF title

Boy Aruan set to keep OPBF title JAKARTA (JP): South Korean old war horse Chang Kyun-oh may just need three rounds to take the Orient and Pacific Boxing Federation (OPBF) junior bantamweight championship belt, but Indonesia's Boy Aruan insists on keeping the crown at home.

Bugis man gets 11 years for E. Timorese murder

Bugis man gets 11 years for E. Timorese murder DILI, East Timor (JP): The district court sentenced a South Sulawesi man to 11 years in prison yesterday for murdering a fellow East Timorese trader late last year.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices continued rallying on the Jakarta Stock Exchange (JSX) yesterday with most issues gaining ground in moderate trading.The broad-based Composite Index closed 1.5 points higher at 449.1 yesterday from 447.29 on Monday.

3,000 Arabs take Israeli citizenship

3,000 Arabs take Israeli citizenship JERUSALEM (AFP): About 3,000 Palestinians living in East Jerusalem applied for and were granted Israeli citizenship in 1994, an Interior Ministry spokesman said yesterday.The ministry accepted 1,075 requests last year compared with 612 in 1993 and 293 in 1990.

Malaysian Indians celebrate Thaipusam

Malaysian Indians celebrate ThaipusamBy Barani Krishnaan KUALA LUMPUR (AFP): Every year Nagappa Sundar orders hundreds of flesh-piercing hooks to be sharpened and then pokes them into at least a dozen men.

Hotel Prapatan will run new hotel in Riau

Hotel Prapatan will run new hotel in Riau JAKARTA (JP): PT Hotel Prapatan, a public company which owns the five-star Hotel Aryaduta Jakarta, will construct a hotel in Pekanbaru, Riau, with an investment of US$16.63 million.

Finland's president to visit RI

Finland's president to visit RI JAKARTA (JP): Finland's President Martti Ahtisaari is scheduled to arrive in Jakarta tonight to begin a four-day state visit, it was officially announced yesterday.Minister/State Secretary Moerdiono told reporters that Ahtisaari's visit is expected to focus on...

2,000 fake land certificates

2,000 fake land certificates JAKARTA (JP): The Jakarta office of the National Land Agency (BPN) has found about 2,000 fake land certificates since 1970, said Sunar, the head of the office, to Antara.The fake certificates were uncovered when land buyers were trying to confirm the legality of a land...

Lift at Bank Bali Tower

Lift at Bank Bali Tower I am an employee of a company which rents a space in the Bank Bali Tower, Jl. Jend. Sudirman, South Jakarta. Since our office occupies the 15th floor of the building, like other employees working above the ground floor, I have to use the lift everyday.

Massive quake affects Japanese share prices

Massive quake affects Japanese share prices TOKYO (Agencies): Japanese share prices fell 0.5 percent yesterday after a massive earthquake devastated the western industrial cities of Osaka and Kobe.The Nikkei Stock Average of 225 selected issues lost 89.85 points to end at 19,241.

Whither our foreign debt?

Whither our foreign debt? The one issue which is often mentioned in relation to foreign debt is our inability to absorb the funds optimally. This is caused by a discrepancy between planning and execution. And for this the government has to pay a US$200-million commitment fee a year.

Oki's father names lawyers for his son

Oki's father names lawyers for his son JAKARTA (JP): Lawyers from Ruhut Sitompul, Tommy Sihotang & Associates will defend Harnoko Dewanto, alias Oki, who is alleged to have committed a triple murder in Los Angeles and falsified passports.

Government asked to monitor current account deficit

Government asked to monitor current account deficit JAKARTA (JP): Members of the House of Representatives urged the government yesterday to closely monitor the country's widening current account deficit and mounting foreign debt.