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Found 1,489 articles

Creditors control Hyundai

Creditors control Hyundai SEOUL (AFP): Creditors have taken control of Hyundai Engineering and Construction Co., South Korea's biggest civil engineering firm, amid growing doubts about its future, officials said on Wednesday.

Manuk appointed Lembata regent

Manuk appointed Lembata regent MAUMERE, East Nusa Tenggara: Andreas Duli Manuk and Felix Kobun are Lembata's first elected regent and deputy regent, respectively.Lembata administration spokesman Simon Tokan said on Wednesday the two would serve five year terms.

Govt policies blamed for labor disputes

Govt policies blamed for labor disputes JAKARTA (JP): Representatives from various industrial associations blamed on Wednesday the government's misguided labor policies as being the cause of the current spate of labor disputes, and, consequently, foreign investors' reluctance to enter Indonesia.

Guthrie 'manages' plantation firms

Guthrie 'manages' plantation firms KUALA LUMPUR (Dow Jones): The top official at Malaysian plantation concern Kumpulan Guthrie Bhd. confirms that Indonesia's government is reviewing the company's acquisition of oil palm estates in that country, but insists it won't hurt the takeover.

Bureaucratic web hampers reform

Bureaucratic web hampers reformBy Marco Kusumawijaya JAKARTA (JP): The World Bank has canceled the disbursement of the US$300 million social safety net loan to Indonesia due to the government's failure to meet the loan conditions.

PT Pos to collect tap water bill

PT Pos to collect tap water bill JAKARTA (JP): The city tap water joint venture PT PAM Lyonnaise (Palyja) extended on Wednesday its billing collection cooperation with state postal company PT Pos Indonesia.

Move to stop paramilitary training gains support

Move to stop paramilitary training gains support JAKARTA (JP): Coordinating Minister for Political, Social and Security Affairs Susilo Bambang Yudhoyono voiced his full support on Wednesday for all efforts conducted by the National Police to maintain security in the capital and other regions.

Explosion occurs near penitentiary

Explosion occurs near penitentiary JAKARTA (JP): A loud blast rocked local residents around the Salemba Penitentiary in Central Jakarta on Wednesday night, and destroyed one of three public telephone booths located in front of the penitentiary.No fatalities were reported.

Indonesia to focus on team at table tennis c'ships

Indonesia to focus on team at table tennis c'ships JAKARTA (JP): Indonesia will focus its attention on the team events rather than individual events at the World Table Tennis Championships in Osaka, Japan, next week."We have a slight chance in the individual events.

Three men shot during separate city robberies

Three men shot during separate city robberies JAKARTA (JP): Three men were shot, two to death, in three separate robbery incidents in the capital on Wednesday.Police detectives have yet to identify the passenger of a Mitsubishi Kuda van, who, while immobilized in heavy traffic, shot a man who was...

Illegal migrants nabbed in Maluku

Illegal migrants nabbed in Maluku AMBON, Maluku: Immigration officers detained eight Iraqi nationals who entered Maluku illegally, an official said on Wednesday.The head of the Ambon Immigration Office, Kapitan Bangun, said the eight were arrested by the South Tanimbar Police in West Maluku...

Families of killed strikers want justice

Families of killed strikers want justice JAKARTA (JP): The families of two striking workers murdered in a recent attack, demanded on Wednesday that National Police detectives immediately arrest the masterminds of the incident, one of whom is allegedly an Army officer.

Villagers think weed is weed

Villagers think weed is weed YOGYAKARTA: Police here are looking into a report by Dlingo villagers that a weed known as orok-orok is in fact a type of marijuana.Bantul Police chief Adj. Sr. Comr. L. Manihuruk said his detectives had taken samples of the weed from the forest near Dlingo village for...

Gus Dur, Mega discuss security

Gus Dur, Mega discuss security JAKARTA (JP): Top state officials met here on Wednesday to discuss security ahead of the April 30 House of Representatives (DPR) plenary session, which will decide whether to issue the second memorandum of censure against President Abdurrahman Wahid.

Government to call GAM to meeting table again

Government to call GAM to meeting table again JAKARTA (JP): Efforts to settle problems in the strife-torn province of Aceh took a new turn when the government revealed on Wednesday a plan to invite the Free Aceh Movement (GAM) to the meeting table for talks.

Bomb blasts rock Karachi as strike grips the province

Bomb blasts rock Karachi as strike grips the province KARACHI, Pakistan (Reuters): A night of violence in the Pakistani city of Karachi was followed by two bomb blasts on Wednesday that killed one person and wounded two, police and witnesses said.

Freeport profit quadruples

Freeport profit quadruples NEW ORLEANS (Reuters): Freeport-McMoRan Copper & Gold Inc., operator of a major copper and gold mine in Indonesia, reported on Wednesday that its first-quarter net profit more than quadrupled as it sold more copper and gold and slashed its production costs.

Ten cars damaged in chain accident

Ten cars damaged in chain accident JAKARTA (JP): Ten cars were damaged beyond repair in a chain accident on the Jl. Yos Sudarso tollroad heading toward Sunter in North Jakarta, on Wednesday morning.No fatalities were reported at the Cipto Mangunkusumo General Hospital (RSCM) morgue, despite strong...

Aiwa to close plants in 2002

Aiwa to close plants in 2002 TOKYO (Reuters): Ailing Japanese electronics group Aiwa Co Ltd said on Wednesday it would close all five of its domestic plants by the end of March 2002 as part of restructuring efforts aimed at dragging it back into the black.

Property market suffering from domestic uncertainty

Property market suffering from domestic uncertainty JAKARTA (JP): The Jakarta property sector fared poorly over the first three months of this year, battered by an economic downturn and uncertainty on the social and political fronts.

Indonesian pepper exports down 28 percent in February

Indonesian pepper exports down 28 percent in February JAKARTA (JP): Indonesia's pepper exports plunged 28 percent in February to 1,564 metric tons from 2,170 tons in the same month last year, according to the International Pepper Community (IPC).

National Labor Day

National Labor DayFrom Media IndonesiaThe struggle to win recognition for May 1, celebrated as Labor Day all over the world and acknowledged in this country, is not something unusual. However, it would be a good idea if the day were celebrated nationwide.

Sucofindo confident govt will extend its contract

Sucofindo confident govt will extend its contract JAKARTA (JP): State surveyor company PT Sucofindo said on Wednesday it was optimistic that the government would extend the company's two-year contract, although the Directorate General of Customs and Excise has said it wanted to end the contract.

Steel imports 'hurting' U.S. firms

Steel imports 'hurting' U.S. firms WASHINGTON (AP): The U.S. Commerce Department wants to impose penalties on foreign steel manufacturers that are subsidized by their governments, saying they are hurting the American steel industry.

SOEs should have audit committee to promote trust

SOEs should have audit committee to promote trust JAKARTA (JP): An audit committee should be established in state owned enterprises (SOEs) to help commissioners promote practices of good corporate governance, according to a noted executive.

Spin-off plan won't affect bond issue: Gresik executive

Spin-off plan won't affect bond issue: Gresik executive JAKARTA (JP): State cement producer PT Semen Gresik said on Wednesday that the government's plan to spin off the company's two subsidiaries would not effect its plan to issue bonds in July this year.

ISSI asks SEAG to let cyclists perform in various events

ISSI asks SEAG to let cyclists perform in various events JAKARTA (JP): The Indonesian Cycling Association (ISSI) has requested that the Southeast Asian (SEA) Games Federation, in Kuala Lumpur, allow cyclists to perform in multiple events, ISSI secretary general Husein Argasasmita said on Wednesday.

'Defenders of Truth' force beyond NU's control: Leader

'Defenders of Truth' force beyond NU's control: LeaderBy Ainur R. Sophiaan SURABAYA (JP) : Ali Maschan Moesa, chief of the Nahdlatul Ulama (NU)'s East Java chapter, said the NU members' pledge to defend President Abdurrahman Wahid to the death represented the grass roots' protest against the...

Councillors scolded for evading audit

Councillors scolded for evading audit JAKARTA (JP): The move by city councillors on Tuesday to refuse to cooperate with visiting officials from the State Officials' Wealth Audit Commission (KPKPN) has been roundly criticized by members of the public.

U-15 players to be selected in league

U-15 players to be selected in league JAKARTA (JP): Thirty under-15 soccer players will be selected for a national training program from the U-15 Bogasari League, which kicks off on Monday at Delta stadium in Sidoardjo, East Java.

IBRA may take over GT assets

IBRA may take over GT assets SINGAPORE (AFX-ASIA): Gajah Tunggal Group founder Sjamsul Nursalim may have to surrender his assets in Singapore to the Indonesian Bank Restructuring Agency (IBRA) after the Indonesian government ordered his 20-day detention on graft charges, the Business Times...

Attorney General will not let Ginandjar go

Attorney General will not let Ginandjar go JAKARTA (JP): The Attorney General's Office refused on Wednesday to release former minister of mines and energy Ginandjar Kartasasmita, saying that the court ruling on the suspect's investigation and detention did not order his release.

Rusli gets to the bare essentials in his works

Rusli gets to the bare essentials in his worksBy Amir Sidharta JAKARTA (JP): The ceremonial bade -- the vehicle in which the corpse is transported to the funeral ground in the ngaben Balinese Hindu cremation ceremony -- stands majestically above the crowd in Rusli's 1969 work Ngaben.

The music moves pianist Ananda Sukarlan

The music moves pianist Ananda SukarlanBy Y. Bintang Prakarsa JAKARTA (JP): Living in Spain, giving recitals in European cities, having his performances recorded, working with great composers, meeting all sorts of people, including royalty -- nobody would deny that Ananda Sukarlan is simply the...

Six dead in road accident

Six dead in road accident MEDAN, North Sumatra: Six people were killed and eight others suffered injuries in a collision on Tuesday morning between a bus and truck in Mas Besitang village, some 95 kilometers south of here.

Swimmers may only win 2 golds at SEAG

Swimmers may only win 2 golds at SEAG JAKARTA (JP): The Indonesian Swimming Federation (PRSI) has given only a "yellow-light" to the National Sports Council (KONI) as it may have trouble in repeating its five gold medal achievement at the Kuala Lumpur Southeast Asian (SEA) Games in September.

MPR special session is better

MPR special session is betterFrom Rakyat MerdekaI think I have reasons to believe that a special session of the People's Consultative Assembly (MPR) will clearly be the best way to solve Indonesia's current political, economic and social crises.

The messy BPPN

The messy BPPN I was a client of ex-BBKU of Bank Bira for credit for car ownership under contract No. 045/CL/0380/08/97, and I had already paid all my installments in July 2000, but the Indonesian Bank Restructuring Agency (IBRA) or BPPN refused to deliver the ownership book (BPKB) to me, because...

SEA Games to open at three venues: Imran

SEA Games to open at three venues: Imran JAKARTA (Agencies): Organizing Committee of the Kuala Lumpur Southeast Asian (SEA) Games plan to create history in the biennial event by staging the opening ceremony simultaneously in three cities.

Palu food aid gone to waste

Palu food aid gone to waste PALU, Central Sulawesi: The coordinator for the Poso refugees, Yus Mangun, said on Wednesday 3,000 packages of food aid from the Kuwaiti government had gone to waste.Yus, who is an official in the local administration, said the packages passed their expiration date...

Yurita, Nunung head to Taipei

Yurita, Nunung head to Taipei JAKARTA (JP): Indonesia's hammer thrower Yurita Ariani and pole vaulter Nunung Jayadi both qualified from the Indonesian Amateur Athletics Association (PASI) selections to compete in the Taipei Open championships, to be held in Taipei on April 28 and April 29.

Rupiah rate April 18

Rupiah rate April 18 Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 10,460.00 11,460.00 10,905.00 11,015.00Australian dollar 1 5,240.46 5,747.19 5,463.41 5,524.02Austrian schilling 1 669.62 733.97 698.11 705.47Belgian franc 1 228.41 250.36 238.13 240.

Surakarta to host badminton tourney

Surakarta to host badminton tourney SEMARANG (JP): The Badminton Association of Indonesia (PBSI) has named Surakarta, Central Java, to host the Indonesian Open Junior badminton tournament from July 12 to July 17.

Eight injured, five arrested in Gambir clash

Eight injured, five arrested in Gambir clash JAKARTA (JP): Hundreds of street vendors operating near the National Monument in Central Jakarta clashed with security officers who were carrying out a joint operation against traders in front of Gambir railway station on Wednesday.

Fire destroys classrooms and houses at elementary school

Fire destroys classrooms and houses at elementary school JAKARTA (JP): Students of an elementary school located on Jl. K.S. Tubun II in Central Jakarta fled outside on Wednesday, some even taking chairs along with them, when a fire virtually gutted the second floor of the building.

Economists call for replacement of leadership

Economists call for replacement of leadership JAKARTA (JP): Noted economists on Wednesday called for a replacement in national leadership in the face of a possible worsening economic crisis in the coming few months.

IMF says nod on new LoI hinges on budget revision

IMF says nod on new LoI hinges on budget revision JAKARTA (JP): The International Monetary Fund (IMF) will only accept the government's new Letter of Intent (LoI) on reform measures if the House of Representatives approves the revision of the current 2001 state budget, legislator Kwik Kian Gie said.

KL palm oil slips on technical selling

KL palm oil slips on technical selling KUALA LUMPUR (Reuters): Last minute technical selling pushed down Malaysian palm oil prices at the close on Wednesday on prospects of poor exports and aggressive sales by Indonesia, traders said.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on April 18, 2001: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 1,025 25 183,500 Adindo Foresta 90 -5 27,000 AGIS 160 -10 1,471,000 Alakasa 105 0 0 Alfa...

E. Timor to control Timor Sea oil?

E. Timor to control Timor Sea oil? CANBERRA (AP): The Australian government was under pressure Wednesday to take a hard line against what some lawmakers describe as efforts by East Timor to take full control of lucrative oil fields under the sea separating the two countries.