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Found 1,375 articles

RI economic program 'gains foreign support'

RI economic program 'gains foreign support' JAKARTA (JP): Minister of Cooperatives and Small Enterprises Adi Sasono said on Tuesday that his widely criticized people's economy program had gained backing from Indonesia's foreign donors.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 9, 1999: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 350 0 0 AHAP Insurance 400 0 0 Alter Abadi 275 0 0 Alumindo Light Metal 300 75 1,125,000 Alumindo Perkasa...

Asian currencies mixed but may weaken in the future

Asian currencies mixed but may weaken in the future SINGAPORE (Dow Jones): Southeast Asian currencies are mixed to mostly steady late Tuesday, reflecting some of the stability of major currencies.The Singapore dollar, Thai baht and Philippine peso are slightly weaker against the U.S.

Crisis fails to snuff out smoking in Indonesia

Crisis fails to snuff out smoking in Indonesia JAKARTA (JP): The country's worst economic crisis of the last 30 years is not impacting on high local demand for cigarettes, with many smokers opting to switch to cheaper brands, a cigarette company executive said on Tuesday.

Witnesses failed to appear at Jakarta Military Tribunal

Witnesses failed to appear at Jakarta Military Tribunal JAKARTA (JP): Witnesses failed to appear on Tuesday in the court-martial of 11 Army Special Forces (Kopassus) soldiers charged with kidnapping political activists in the last months of Soeharto's rule.

280 missing in boat accident

280 missing in boat accident PONTIANAK, West Kalimantan: Two hundred eighty of 300 passengers and crew are listed as missing after a boat sank on Sunday in waters off Sambas regency.Antara reported on Tuesday the KM Hanaka sank about 90 kilometers off Pengikih island.

Another taxi thief beaten to death by mob

Another taxi thief beaten to death by mob JAKARTA (JP): Angry Kembangan residents in West Jakarta savagely attacked two youths caught red-handed attempting to steal a taxi late Monday.One of them, identified as Nanang Amanda, 20, died on the way to the hospital with severe head wounds inflicted by...

Anyone for village chief?

Anyone for village chief? YOGYAKARTA: Posts of village head in Bantul regency here are up for grabs after many recent resignations. They came in the wake of hundreds of residents demanding their village chiefs step down because of various charges of wrongdoing.

Death toll in Maluku riots rises to 105

Death toll in Maluku riots rises to 105 JAKARTA (JP): Police announced the death toll in recent communal clashes in Ambon and other areas in Maluku province has risen to 105, Antara reported late Monday.The news agency quoted Maluku Police spokesman Maj. Jekriel P.H.

Thailand withdraws from world rubber group INRO

Thailand withdraws from world rubber group INRO BANGKOK (Reuters): Thailand, the world's largest natural rubber producer and exporter, decided on Tuesday to withdraw from the global price pact, the International Natural Rubber Organization (INRO).

'King Lear' with an Asian touch

'King Lear' with an Asian touchBy Oei Eng Goan JAKARTA (JP): William Shakespeare displays human nature in all its astonishing variety in his 37 tragedies and comedies. The accessibility of his stories and their universally relevant moral values has lead to his works being performed in various...

CIC placed in Category A

CIC placed in Category A JAKARTA (JP): Publicly-listed Bank Century Intervest Corporation (CIC) falls into Category "A" under the government's banking restructuring program, the bank has said."Category "A" status gives us the ability to make the most of the current situation," CIC president Robert...

Press reminded of its obligations

Press reminded of its obligations JAKARTA (JP): President B.J. Habibie warned the national press on Tuesday not to abuse its freedom by libeling, running agitating reports or those serving to further its ambitions.

Forestry fund audit set to wind up by June

Forestry fund audit set to wind up by June JAKARTA (JP): International auditors are expected to complete audits of reforestation funds and forest royalties before the June general election, a senior World Bank official said on Tuesday.

Local migrants recall bitter memories in 'sweet' Ambon

Local migrants recall bitter memories in 'sweet' AmbonBy Jupriadi UJUNGPANDANG (JP): After the large-scale riots that struck Ambon, thousands of migrants fled the provincial capital of Maluku, returning to their hometowns.

Supreme Court's ruling on Dharmala upsets experts

Supreme Court's ruling on Dharmala upsets experts JAKARTA (JP): An insolvency expert and financial analysts deplored on Tuesday the Indonesian Supreme Court's latest verdict which rejected a bankruptcy appeal by the International Finance Corporation and other creditors against PT Dharmala Agrifood.

Sizzler... oh Sizzler...

Sizzler... oh Sizzler... On Jan. 27, we went to the Sizzler restaurant on Jl. Thamrin, which was our favorite place to dine in the city. It looked like we were the first guests. When I walked towards the salad bar, I noticed that most of the food displayed that day was not fresh, and obviously was...

KONI disburses IOC scholarships

KONI disburses IOC scholarships JAKARTA (JP): The National Sports Council (KONI) presented on Tuesday International Olympic Committee (IOC)-sponsored scholarships to three badminton players.Men's doubles specialist Candra Wijaya, his female counterpart Deyana Lomban and rising men's singles star...

RI clarifies stance on East Timor

RI clarifies stance on East TimorBy Razak Imanuddin NEW YORK (JP): Minister of Foreign Affairs Ali Alatas said on Monday Indonesia wanted a method other than a popular vote to gauge the opinion of East Timorese on the offer of wide-ranging autonomy as the final solution to the disputed territory.

Freedom for E. Timor: Wrong offer at wrong time

Freedom for E. Timor: Wrong offer at wrong time Indonesia's sudden shift of stance on East Timor has created a political earthquake. Political analyst J. Soedjati Djiwandono fears that it is an attempt to divert the people's attention from the government's failure to address the current crisis.

Flood evacuees seek medical help

Flood evacuees seek medical help UJUNGPANDANG, South Sulawesi: Some of the several thousand evacuees taking shelter following a storm here have started to seek medical help at local hospitals, complaining of respiratory difficulties and diarrhea.

Conversion Rates

Conversion Rates Bank Bali's conversion rates on Feb. 9, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,850.00 8,950.00 8,850.00 9,000.00Australian dollar 1 5,702.50 5,842.50 5,605.00 5,905.00Austrian schilling 1 724.57 739.72 - -Belgian franc 1 247.16 252.

Island readied for Timor refugees

Island readied for Timor refugees JAKARTA: Wetar, an island several kilometers north of East Timor, is being prepared as a transmigration site in anticipation of an exodus from the troubled province, transmigration minister AM Hendropriyono said here on Tuesday.

Asiad veterans must qualify for SEAG

Asiad veterans must qualify for SEAG JAKARTA (JP): Asian Games veterans must win at the Golden Gloves national boxing championships at the end of March to qualify for the training program for the 20th Southeast Asian Games, a coach said on Tuesday.

Four die of malnutrition

Four die of malnutrition SURABAYA: Four elderly villagers of Ponorogo regency have died of malnutrition, the East Java governor announced on Tuesday.Imam Utomo was referring to residents of Tricing Desa Dayakan hamlet in Badengan district.

Indo-U.S. relations

Indo-U.S. relations There can be no meaningful improvement in Indo-U.S. relations without the U.S. accepting India as an equal and a country free to develop its nuclear arsenal and an effective global delivery system in keeping with its threat perceptions. It is not enough to claim that the U.S.

Carrascalao at IABC luncheon

Carrascalao at IABC luncheon JAKARTA (JP): Former East Timor governor Mario Viegas Carrascalao will be guest speaker at the Indonesia-Australia Business Council (IABC) luncheon here on Friday.IABC board said Carrascalao, who served as Indonesian ambassador to Rumania, will address the topic of "The...

Thai gets $600m from ADB

Thai gets $600m from ADB BANGKOK (AP): Thailand has signed an initial agreement with the Asian Development Bank for a US$600 million loan to help the country's ailing agricultural sector, an ADB senior official said Tuesday.

Armed Forces must go back to basics

Armed Forces must go back to basics Too many tragic incidents have occurred in Indonesia during the past few years. These have taken place in Tanjung Priok, Lampung, Dili, Irian Jaya and Medan. In 1996 there was the July 27 incident.

Plugging budget hole

Plugging budget hole Securing the state budget is becoming more difficult at a time when public spending has become the only locomotive expected to fuel economic activities and offset the brunt of last year's 14 percent contraction in the economy.

Vietnam allocates $20m on Y2K bug

Vietnam allocates $20m on Y2K bug HANOI (AFP): Vietnam expects to spend between US$10 and 20 million to forestall the "Y2K bug", an official from the Ministry of Science, Technology and Environment said on Tuesday.

Neglect faulted in Philippine floods

Neglect faulted in Philippine floods BUTUAN, Philippines (Reuters): Philippines officials on Tuesday blamed years of environmental neglect for floods that killed 23 people and left a trail of devastation on southern Mindanao island.

Mahathir points to RI disparity

Mahathir points to RI disparity SINGAPORE (Reuters): Malaysian Prime Minister Mahathir Mohamad said there was no comparison between the economic situation in Indonesia and his country.Mahathir said Malaysia did not have the same scale of overseas debts as Indonesia and his country had ensured that...

Rio Tinto, Unmul cooperate

Rio Tinto, Unmul cooperate JAKARTA (JP): Anglo-Australian mining company Rio Tinto's foundation signed on Monday a memorandum of understanding (MOU) with East Kalimantan's Mulawarman University (Unmul) to cooperate in a community development program in East Kalimantan.

WB approves the release of US$400m loan to Indonesia

WB approves the release of US$400m loan to Indonesia JAKARTA (JP): The World Bank approved the release of a US$400 million loan to Indonesia on Tuesday, completing the disbursement of the $1 billion loan package signed in July last year.

Golkar may support Habibie for 1999-2004 presidency

Golkar may support Habibie for 1999-2004 presidency JAKARTA (JP): Golkar chairman Akbar Tandjung said on Tuesday his party may nominate B.J. Habibie as its presidential candidate because it was giving priority to politicians who were current or former Cabinet members.

Indonesian trade liberalized: Rahardi

Indonesian trade liberalized: Rahardi WASHINGTON (AP): Indonesia is earning increasing confidence from international financial circles and deserves more confidence from private investors, its trade minister insisted.

Man shot dead for killing 'ojek' driver

Man shot dead for killing 'ojek' driver JAKARTA (JP): Central Jakarta Police have shot dead a man and arrested two of his accomplices for their alleged involvement in the murder of an ojek (motorcycle taxi) driver in the Menteng area, an official said on Monday.Central Jakarta Police Chief Lt. Col.

Soeharto's wealth abroad not found yet

Soeharto's wealth abroad not found yet JAKARTA (JP): Attorney General Lt. Gen. A.M. Ghalib announced on Tuesday that his office, in cooperation with the Ministry of Foreign Affairs, has yet to find any wealth belonging to former president Soeharto overseas.

High school student busted in toll road robbery

High school student busted in toll road robbery TANGERANG (JP): Motorists can no longer consider anywhere safe these days.Robbers have devised a wide range of techniques to run their business almost free of fear on the roads, from the city's crowded intersections at peak hour to toll roads during...

Economists urge Indonesia to try currency board again

Economists urge Indonesia to try currency board again TOKYO (AFP): Renowned economists are calling on Indonesia to try a currency board again to rebuild the devastated economy, and they are counting on support from opposition leader Amien Rais.

Follow-up directives for civil servants issued

Follow-up directives for civil servants issued JAKARTA (JP): The State Employees Administration issued two detailed directives for civil servants wishing to abandon the bureaucracy for politics, Minister/State Secretary Akbar Tandjung said on Monday.

Overdue telephone bills ring up Rp 9b monthly

Overdue telephone bills ring up Rp 9b monthly JAKARTA (JP): Overdue telephone bills in the greater Jakarta area total about Rp 9 billion per month (about US$1 million), or 4 percent of total billings, an executive of state-owned telecommunications company PT Telkom said on Monday.

Govt to privatize 10 state-owned firms

Govt to privatize 10 state-owned firms JAKARTA (JP): The government will sell stakes in 10 state- owned companies in the 1999/2000 fiscal year to raise Rp 13 trillion (US$1.5 billion) to help finance the state budget, State Minister of the Empowerment of State Enterprises Tanri Abeng said on Monday.

Navy repairs Chinese vessel

Navy repairs Chinese vessel SURABAYA: The Navy has completed repairs on a Chinese vessel impounded last Wednesday when it was sailing illegally in local waters, but its 57 passengers reportedly want to remain in Indonesia.Spokesman for the local naval base Lt. Col.

Local financial mart caught in regional rut

Local financial mart caught in regional rut JAKARTA (JP): The local financial market teetered again on Monday with the rupiah weakening to 8,550 against the U.S. dollar and stock prices sliding 1.4 percent.

RI agrees to vote on E. Timor's future

RI agrees to vote on E. Timor's future JAKARTA (JP): In a move Portuguese foreign minister Jaime Gama called "face-saving for everybody", Indonesian Minister of Foreign Affairs Ali Alatas announced in New York on Sunday that Indonesia accepted the idea of a UN-organized "popular consultation" of...

A journey to freedom

A journey to freedom In the nine months of reform, the Armed Forces (ABRI) has accomplished a lot.For far too long, ABRI tried its best to avoid its responsibility concerning genocide in Aceh. But now, finally, the moment of truth has arrived.

Police bomb squad kept busy by spate of threats

Police bomb squad kept busy by spate of threatsBy Emmy Fitri JAKARTA (JP): The soaring number of mysterious bomb threats at both state and privately owned properties have kept the National Police Gegana bomb squad very busy in the past few months.

Asian currencies close weaker

Asian currencies close weaker SINGAPORE (AFP): Asian currencies closed lower in range-bound trade on Monday as the yen eased against the US dollar, with the Philippine peso and Thai baht pulled down by domestic factors, dealers said.