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Found 1,386 articles

Rupiah strengthens against U.S. dollar

Rupiah strengthens against U.S. dollar JAKARTA (JP): The rupiah strengthened impressively yesterday closing at its highest level in a month at 8,700 against the U.S dollar due to renewed confidence in the country's economy.

No layoffs in North Sulawesi

No layoffs in North Sulawesi MANADO, North Sulawesi: The local branch of the Federation of All Indonesia Workers Union claimed yesterday no workers had been laid off since the start of the country's economic crisis.

U.S. security strategy in SE Asia

U.S. security strategy in SE Asia This is the second of two articles based on a paper delivered by U.S. Secretary of Defense William S. Cohen in Singapore on Jan. 15, 1998 during the officiating of the Institute for Defense and Strategic Studies.

Reform needed

Reform needed The urgent need for reform cannot be denied, if only Indonesia can survive the present monetary crisis. Indeed, many think that economic and monetary reform alone are not sufficient to overcome the current turmoil. Political reform is also urgently required.

KL tells firms insure foreigners

KL tells firms insure foreigners KUALA LUMPUR (DPA): Malaysian labor authorities have warned employers to insure foreign workers against accidents or face court action and possible jail terms, a news report said yesterday.

Optimism premature in Asian currency crisis

Optimism premature in Asian currency crisisBy Roberto Coloma SINGAPORE (AFP): Asia's currency woes are not yet over despite the buoyancy in regional financial markets because of lingering jitters over Indonesia and other potential problems, bankers and economists said Tuesday.

Australian govt to underwrite exports to RI

Australian govt to underwrite exports to RI CANBERRA (Reuters): Australian Prime Minister John Howard said yesterday the government would underwrite Australian exports to financially-troubled Indonesia, one of the country's major trading partners.

Police arrest alleged murderers

Police arrest alleged murderers WAMENA, Irian Jaya: Police here have arrested five people suspected of killing a local villager on Jan. 22.The murder led to rioting and looting on Jan. 26.Jayawijaya police chief Lt. Col.

Sultan of Brunei due in Jakarta this morning

Sultan of Brunei due in Jakarta this morning JAKARTA (JP): The Sultan of Brunei Hassanal Bolkiah and his 30-strong entourage are due to arrive here this morning on a visit to strengthen support for Indonesia's efforts to overcome its economic crisis, Indonesian officials said yesterday.

Five drink to the death in contest

Five drink to the death in contest KENDAL, Central Java (JP): A bizarre drinking "contest" claimed the lives of five people and hospitalized another three at a forget-your-financial-woes party yesterday, police said.

City workers ask WB to remember the jobless

City workers ask WB to remember the jobless JAKARTA (JP): Hundreds of blue-collar workers, most of whom have lost their jobs during the financial crisis, urged visiting World Bank president James Wolfensohn yesterday to keep sponsoring labor-intensive projects.

Parties to wait till March to name their VP choices

Parties to wait till March to name their VP choices JAKARTA (JP): The leaders of the three political organizations reiterated yesterday that their factions in the People's Consultative Assembly would unveil their respective vice presidential candidates in March.

Yorris denies ivolvement in gambling

Yorris denies ivolvement in gambling JAKARTA (JP): Yorris Raweyai, a member of the People's Consultative Assembly (MPR) who was apprehended last week for his alleged involvement in gambling, has admitted that he was present but only to attend a Chinese New Year celebration.

Turmoil 'no laughing matter'

Turmoil 'no laughing matter' JAKARTA (JP): It ain't what jokes you say, it's how you say them.Unfortunately for the country's comedians however they are not even getting the chance to crack many gags in these financially fraught times, according to one of Indonesia's leading funnymen.

Sports council to start training for Asiad soon

Sports council to start training for Asiad soon JAKARTA (JP): The National Sports Council's 13th Asian Games task force decided yesterday to start training sessions for the Asiad in mid February.Task force chairman Muhammad Hindarto said the council and sports organizations had agreed to delay the...

U.S. dollar exchange rate

U.S. dollar exchange rateFrom Pikiran RakyatIn his Jan. 7 draft state budget statement to the House of Representatives, President Soeharto used an estimated exchange rate of Rp 4,000 to the dollar. Later, following negotiations with Mr.

Police urged to keep investigating Yorris

Police urged to keep investigating Yorris JAKARTA (JP): Members of the People's Consultative Assembly (MPR) urged police yesterday to continue their investigation into Yorris Raweyai, an Assembly member, who was apprehended last week for his alleged involvement in gambling.

Residents oppose Mt. Cyclops park

Residents oppose Mt. Cyclops park JAYAPURA, Irian Jaya (Antara): Residents of Depapre district here have rejected a government plan to turn a 48,000-hectare nature reserve on Mt. Cyclops into a national park."These people draw their water from Mt. Cycloops.

U.S. security strategy in SE Asia

U.S. security strategy in SE Asia The following is the first of two articles based on a paper delivered by U.S. Secretary of Defense William S. Cohen in Singapore on Jan. 15, 1998 during the officiating of the Institute for Defense and Strategic Studies.

28 killed in road accidents

28 killed in road accidents SEMARANG: Twenty-eight people were killed and 30 others injured in road accidents in Central Java during the fasting month and Idul Fitri holidays.Central Java police chief Maj. Gen.

Foreign workers seriously injured

Foreign workers seriously injured KUALA LUMPUR (AFP): Six foreign workers suffered serious burns when a sawdust collection tank exploded at a sawmill factory about 27 kilometers northwest of here, a report said yesterday.

Spotlight

SpotlightPhoto A: TPIJP/bayDOUBLE DELIGHT: Siti Hardiyanti Rukmana (third left) celebrates her 49th birthday and local TV station TPI's 17th anniversary with friends and husband Indra Rukmana (second left).

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 3, 1998: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 700 200 1,000 AHAP Insurance 350 0 0 Alter Abadi 175 -25 378,000 Alumindo Light Metal 275 0 184,000...

Maid forced to eat dog droppings

Maid forced to eat dog droppings SINGAPORE (AFP): A 15-year-old Indonesian maid was twice forced by her employers, including a 13-year-old boy, to eat dog droppings for not cleaning up quickly after the dog, a newspaper reported yesterday.

Sofjan a faithful supporter of Soeharto: Politician

Sofjan a faithful supporter of Soeharto: Politician JAKARTA (JP): Noted 1966 Generation figure Abdul Gafur said yesterday he had no doubts about Sofjan Wanandi's allegiance to President Soeharto.Gafur was commenting in response to mounting rumors that business tycoon Sofjan had fled the country...

A change of leadership

A change of leadershipFrom Forum KeadilanI am a 40-year-old Indonesian citizen. For most of my life I have had only one president. Now it seems that I'm dreaming of having a new president, with new vision.

Bosses and luxury cars greet homebound maids

Bosses and luxury cars greet homebound maids JAKARTA (JP): Dozens of luxurious cars were spotted near Pulogadung bus terminal in East Jakarta yesterday as the owners waited to pick up their relatives and, just as importantly, their servants.

Badminton body sends shuttlers out to clubs

Badminton body sends shuttlers out to clubs JAKARTA (JP): The Badminton Association's athletic development deputy, Mangombar Ferdinand Siregar, said yesterday the association would start its program of sending national players to clubs and provincial branches next week.

Senior U.S. commander worried by RI crisis

Senior U.S. commander worried by RI crisis LONDON (Reuters): The U.S. military commander in the Asia- Pacific region on Monday expressed concern about the crisis in Indonesia and said his forces were doing all they could to help stabilize the country.

Conversion Rates

Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on Feb. 3, 1998: Buying Selling Rp Rp U.S. dollar 1 9,000.00 12,000.00Austrian shilling 1 628.00 923.00Australian dollar 1 5,703.10 7,831.50Belgian franc 1 219.50 306.40Canadian dollar 1 5,723.

Goh urges multirateral guarantee for RI L/Cs

Goh urges multirateral guarantee for RI L/Cs JAKARTA (JP): Singapore Prime Minister Goh Chok Tong proposed yesterday the establishment of a multilateral committee to guarantee letters of credit (L/Cs) issued by Indonesian banks to help Indonesia finance badly needed imports.

Religious leaders pledge to support government

Religious leaders pledge to support government JAKARTA (JP): Christian and Moslem leaders have expressed concern over the deepening economic crisis and pledged to support the government's efforts to end it.

Will women's publications vanish from newsstands?

Will women's publications vanish from newsstands?By Stevie Emilia JAKARTA (JP): "It's getting thinner," a woman griped as she flipped through a favorite magazine at a newsstand on Jl. Jend. Sudirman.Right she was.

TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: Big Brother Jake 3:10 Indonesian Children 3:35 Talk Show: Kotak Pos 4:00 Regional News 4:30 Education Quiz: Cepat Tepat 5:10 Film: Road to Avonlea 6:00 News: Lintasan Berita 6:05 My Beloved Country 6:15 Village Program 6:30 TVRI...

Stove explosion kills housewife

Stove explosion kills housewife JAKARTA (JP): A mother of two died yesterday of severe wounds she endured from a stove explosion in her Bekasi residence.Muhaji, one of the victim's neighbors, said the incident happened on Jan.

Stearin stocks accumulate after CPO export ban

Stearin stocks accumulate after CPO export ban JAKARTA (JP): Stearin stocks have been accumulating in the storage tanks of palm oil refining companies since a complete ban on the exports of crude palm oil (CPO) and all its derivatives began January.

Excessive forex trading margin hurting economy

Excessive forex trading margin hurting economy JAKARTA (JP): Indonesia's high foreign exchange trading margin has created tough times for Indonesian businesses, bankers and businesspeople have said."The margin here is the highest in the world," former senior Central Bank official I Nyoman Moena...

Preparation for security in March

Preparation for security in March JAKARTA (JP): National Police Chief Gen. Dibyo Widodo officiated an on-the-alert ceremony at the Mobile Brigade Headquarters in Kelapa Dua, Bogor, yesterday in preparation for next month's General Session of the People's Consultative Assembly.

Suspected bomb plotter arrested

Suspected bomb plotter arrested YOGYAKARTA: The local Legal Aid Institute has protested the arrest of a local resident the authorities suspect of involvement in the recent bomb-making plot in Jakarta.Institute chief Budi Hartono said the arrest by Jakarta police officers on Jan.

Exit tax hike hits ailing travel agencies

Exit tax hike hits ailing travel agencies JAKARTA (JP): A 300 percent rise in departure taxes to begin tomorrow will pose another crushing blow to the country's battered travel industry as the measure will undoubtedly cause a further plunge in the number of travelers going overseas.

Taking the street for 'lesehan' dining

Taking the street for 'lesehan' dining Once-fat wallets, crammed with crisp Rp 50,000 bills, a string of credit cards and receipts from previous extravagant dining experiences, have gone on an impromptu diet.

Soeharto won't name VP choice

Soeharto won't name VP choice JAKARTA (JP): President Soeharto insisted yesterday he would not announce his preferred running mate for another term in office before factions in the People's Consultative Assembly unveiled their vice presidential candidates.

Two S'pore oil refiners deepen production cuts

Two S'pore oil refiners deepen production cuts SINGAPORE (Reuters): Two Singapore oil refiners have cut production further amid increasing price pressures in Asia, where excess supplies dominate.Industry sources said the refiners are adopting an aggressive stance in an effort to boost profit...

Pertamina has 'no plan' to jack up lubricant prices

Pertamina has 'no plan' to jack up lubricant prices JAKARTA (JP): The state-owned oil and gas company Pertamina assured the public yesterday that it had no plan to increase lubricant prices and supply was plentiful here and nationwide."The public need not worry.

East Java violence blamed by hoodlums

East Java violence blamed by hoodlums JAKARTA (JP): East Java police said in Surabaya yesterday that the recent disturbances in Tuban and Pasuruan, where shops were attacked and looted, were "purely criminal acts" committed by hoodlums.Police spokesman Lt. Col. Soetrisno T.S.

Pertamina reduces fuel imports due to low demand

Pertamina reduces fuel imports due to low demand JAKARTA (JP): The state-owned oil and gas company Pertamina has reduced fuel imports in line with a drop in domestic demand during the economic crisis, company spokesman Ramli Djaafar said yesterday.

IMF-sponsored reforms need not be taken for granted

IMF-sponsored reforms need not be taken for grantedBy Makmur Keliat SURABAYA (JP): The International Monetary Fund (IMF) has been established to assist countries facing serious problems in their balance of payments and current accounts but it is a great mistake to conclude that it can do nothing...

Habibie stresses IPTN to continue its operations

Habibie stresses IPTN to continue its operations JAKARTA (JP): State Minister of Research and Technology B.J. Habibie said yesterday that state-owned aircraft manufacturer PT IPTN was financially healthy enough to continue operating.

Children forced into prostitution

Children forced into prostitution MEDAN, North Sumatra: A notorious pimp on Tanjungbalai Karimun island, Riau, has recruited hundreds of girls aged under 17 into her prostitution den, according to local reports.

Rice stocks enough: Hartarto

Rice stocks enough: Hartarto JAKARTA (JP): Coordinating Minister of Production and Distribution Hartarto strongly dismissed yesterday rumors that the country would soon face rice shortages."We have enough rice stocks for this year and even for coming years.