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Found 1,335 articles

Rate fear drags down local share prices

Rate fear drags down local share prices JAKARTA (JP): Fears of a further increase in interest rates dragged down share prices on the Jakarta Stock Exchange (JSX) Monday.Brokers said that most investors were now waiting for another increase in SBI rates as last week's increase had failed to prop up...

Police arrest 102 Thai fishermen

Police arrest 102 Thai fishermen PALANGKARAYA, Central Kalimantan: One hundred and two Thai fishermen are in police custody in Kota Waringin Barat district for illegal fishing in Indonesian waters last March 30 and April 3, a police spokesman said here Monday.

Crisis has modest effect on world growth: IMF

Crisis has modest effect on world growth: IMF HONG KONG (Reuters): The International Monetary Fund said on Monday it remained convinced Asia's crisis would only modestly hurt the global economy, despite charges by some observers that it was too optimistic on world growth.

WHO luncheon on safe motherhood

WHO luncheon on safe motherhood JAKARTA (JP): The Indonesian office of the World Health Organization (WHO) is holding a business luncheon tomorrow with the theme Business Caring for Mothers.The luncheon will feature three speakers:Nyoman Kumara Rai, the director general of community health at the...

Ministers deny restrictions on clove trade

Ministers deny restrictions on clove trade JAKARTA (JP): The government has denied any knowledge of a new restriction on the trading of cloves, stressing it will no longer interfere with the distribution and sale of the commodity.

Habibie's brilliant ideas

Habibie's brilliant ideasFrom JayakartaThe current condition of stockpiles of rice, flour, soybeans, sugar, etc., reminds me of the great and brilliant ideas of B.J. Habibie, now Indonesia's Vice President, voiced six years ago.

Remain in peace talks: Ramos

Remain in peace talks: Ramos MANILA (DPA): Philippine President Fidel Ramos urged communist rebels yesterday to stay committed to the peace talks despite the slow progress during four years of negotiations aimed at ending one of Asia's longest running leftist insurgencies.

Fires leave 550 people homeless

Fires leave 550 people homeless JAKARTA (JP): Fires destroyed about 60 houses in Gunung Sahari and two in Petojo Selatan, both in Central Jakarta, Monday, leaving 550 people homeless, officials and residents said.

Fertilizer prices triple in Bogor

Fertilizer prices triple in Bogor BOGOR (JP): Farmers in the region are complaining that prices of fertilizers have soared by much more than the 25.5 percent increase the government set on April 13, a media report said Monday.

Police officers accused of selling evidence

Police officers accused of selling evidence JAKARTA (JP): A businesswoman accused members of the city police economic detective unit of allegedly selling 7.32 tons of garlic they confiscated from her last year.

Man arrested over alleged role in Tambora murder

Man arrested over alleged role in Tambora murder JAKARTA (JP): Police have captured one of the two people suspected of murdering a man and stashing his body in the trunk of a President taxi early Sunday in North Jakarta.But city police spokesman Lt. Col.

Dayaks mark new year after harvest gathered in

Dayaks mark new year after harvest gathered inBy R. Masri Sareb Putra JAKARTA (JP): Just like any other tribe under the sun, the Dayak people of Borneo have their own unique way to determine the new year.

Rupiah's steady fall lifts Aneka Tambang

Rupiah's steady fall lifts Aneka Tambang JAKARTA (JP): Publicly listed state mining company PT Aneka Tambang said its net profit increased 113 percent to Rp 69.52 billion (US$9.2 million) from Rp 32.62 billion last year.

Muladi's drive for judicial reform

Muladi's drive for judicial reform With our Seventh Development Cabinet barely two months old, Minister of Justice Muladi has by his words and actions raised hopes among the public that the government is sincere in its stated intention to carry out a judicial development program.

Labor activists urge hike in minimum wages

Labor activists urge hike in minimum wages JAKARTA (JP): More than 50 labor activists from the Jakarta branch of the Federation of All Indonesian Workers Union (FSPSI) demanded Monday that the government increase monthly minimum wages in Greater Jakarta.

Will our middle class disappear?

Will our middle class disappear?By Meuthia Ganie Rochman JAKARTA (JP): Many analysts view that a middle class has steadily developed in such Asian emerging markets as China, Thailand, Malaysia and Indonesia. Popular analysis of this middle class applies the consumption indicator.

Conversion Rates

Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on April 27,1998: Buying Selling Rp Rp U.S. dollar 1 7,500.00 8,500.00Austrian shilling 1 580.60 690.20Australian dollar 1 4,902.90 5,452.10Belgian franc 1 205.00 226.70Canadian dollar 1 5,302.

Activist testifies he was tortured

Activist testifies he was tortured JAKARTA (JP): Political activist Pius Lustrilanang told the National Commission on Human Rights on Monday that he was beaten, electrocuted and kept blindfold for two months after being kidnapped by a group of unidentified men.

Foreign investors may buy big stake in SSI

Foreign investors may buy big stake in SSI JAKARTA (JP): A number of foreign investors are currently holding serious negotiations to buy a substantial stake in PT Surya Semesta Internusa (SSI), a company executive has said.

Govt announces enactment of resource rent tax

Govt announces enactment of resource rent tax JAKARTA (JP): The government formally announced Monday the introduction of the resource rent tax on the country's timber companies. It replaces the forest royalties.

PMI-ICRC team sends relief to Mimika

PMI-ICRC team sends relief to Mimika JAKARTA: The Indonesian Red Cross (PMI), in association with the International Commission of the Red Cross (ICRC), has distributed food and medical supplies to about 18,000 local people during the past five months in Mimika regency, Irian Jaya.

Indonesian Red Cross Day

Indonesian Red Cross Day JAKARTA (JP): The GK Goh Group and its Indonesian subsidiary PT G.K. Goh Ometraco designated last Wednesday, April 22, Indonesian Red Cross Day.All Indonesian commissions earned by the group that day will be donated to the Indonesian Red Cross, which will channel the funds...

New home affairs officials appointed

New home affairs officials appointed JAKARTA (JP): A familiar face and an active military lecturer were installed as the new secretary-general and director general of the Ministry of Home Affairs Monday.

PLN projects loss of Rp 6t this year

PLN projects loss of Rp 6t this year JAKARTA (JP): State electricity company PLN may suffer a loss of at least Rp 6 trillion (US$800 million) this year due to the rupiah's sharp depreciation against the American dollar.

RI L/Cs accepted overseas

RI L/Cs accepted overseas JAKARTA (JP): Overseas banks have started to accept Indonesian letters of credit (L/C) but they are still limited to importing particular commodities, a key government official said.

Confusion muddles Amien's U.S. visit

Confusion muddles Amien's U.S. visit JAKARTA (JP): Confusion reigned yesterday over whether Moslem leader Amien Rais is going to address a hearing of a United States congressional subcommittee on Indonesia's human rights record after all.

Layoffs loom over ASEAN meeting

Layoffs loom over ASEAN meeting HANOI (Reuters): ASEAN labor ministers meet in Vietnam on Wednesday with some facing soaring unemployment back home and tension over migrant workers as Southeast Asia's economic crisis bites deeper.

Haze fighters attract interest

Haze fighters attract interest SINGAPORE (AP): A private organization raising money to fight worsening haze in the region has attracted wide interest in Singapore, The Sunday Times reported.Founded recently by residents of the city-state frustrated over the prospects of haze shrouding the region...

Govt turns down request for levies ruling exemption

Govt turns down request for levies ruling exemption JAKARTA (JP): Minister of Finance Fuad Bawazier and Minister of Home Affairs R. Hartono have turned down a request from East Nusa Tenggara Governor Herman Musakabe to exempt the province from the obligation to abolish most business levies in the...

No paper

No paper In observance of Islamic New Year, The Jakarta Post will not be published tomorrow. The Post will appear again on Wednesday. -- Publisher

Stickers for restricted area

Stickers for restricted areaFrom Media IndonesiaAt a time when the government has eradicated various kinds of regional taxes, the Jakarta Administration has introduced a new kind of tax (?), a sticker system in lieu of the so-called three- in-one system to use Jl. Thamrin and Jl. Sudirman.

Conservationists breed butterflies

Conservationists breed butterflies PALU, Central Sulawesi: The Natural Resources Conservation Agency (BKSDA) here is breeding two species of rare butterflies which can only be found in this province, Antara reported.

Five missing, three injured in Medan demonstration

Five missing, three injured in Medan demonstration MEDAN (JP): Five students went missing and three others were injured in a violent demonstration that lasted well into the night on Saturday in Medan, North Sumatra.

Political and legal reforms

Political and legal reforms Demands for economic reform by students and the people have partly been fulfilled by the signing of an additional agreement between the Coordinating Minister for Economy, Finance and Industry Ginandjar Kartasasmita and the International Monetary Fund (IMF).

Hoodlums clash twice with Tanah Abang residents

Hoodlums clash twice with Tanah Abang residents JAKARTA (JP): Clashes between residents and hoodlums in Tanah Abang, Central Jakarta, erupted again yesterday in the morning and evening, leaving two people badly injured.The first clash took place about 3 a.m.

Returned activists promise to speak

Returned activists promise to speak JAKARTA (JP): Two returned activists, Pius Lustrilanang and Andi Arief, have promised to give an account of what happened to them when they were missing.But the military has once again denied any involvement in the much-publicized disappearances.

Problem loans may reach 60 percent of outstanding loans

Problem loans may reach 60 percent of outstanding loans JAKARTA (JP): Problem loans in Indonesia's banking industry may reach 60 percent of outstanding loans by the end of 1998, a local rating agency has said.

Mitra Keluarga hospital scolded

Mitra Keluarga hospital scolded BEKASI (JP): Bekasi Regent Moch Djamhari reprimanded Mitra Keluarga hospital over the weekend for inflating its blood service cost to Rp 175,000 (US$22) per 300 cc, from the standard price of Rp 35,000.

Missing tanker not found off Sabah, search over

Missing tanker not found off Sabah, search over SINGAPORE (Reuters): The Malaysian navy and air police have called off a search for the tanker Petro Ranger, suspected to have been hijacked, in waters north of Borneo island, rescue officials said yesterday.

1945 Constitution 'open for revision'

1945 Constitution 'open for revision' JAKARTA (JP): Constitutional law expert Yusril Ihza Mahendra is striving to upturn the long-held conviction that the 1945 Constitution is untouchable. On Saturday he said the document was open for revision.

Exchange rate causes loses

Exchange rate causes losesFrom Bisnis IndonesiaI am a Prima Dollar customer of Danamon Bank, Gajah Mada branch office.On April 6, 1998, I decided to close my account at this bank. A customer service officer told me that to close this account I had to conduct an account transfer, a process which...

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting, Sculpture Exhibition by 82 Alumni ASRI Yogya, at World Trade Center, Jl. Jend. Sudirman Kav. 29-31, Central Jakarta, 10 a.m. to 9 p.m., April 27. * Photo Exhibition: Potret by Benno Harun and Artli Ali at Plaza Indonesia Atrium, Jl. M.H. Thamrin kav.

153 arrested in drug raids at N. Jakarta discotheques

153 arrested in drug raids at N. Jakarta discotheques JAKARTA (JP): Police apprehended 153 alleged drug users in a series of routine Kilat Jaya operations in five discotheques in North Jakarta Saturday night, police said.Deputy chief of the North Jakarta police precinct Maj.

Join hands to end the crisis!

Join hands to end the crisis! Riots, starving children, students dropping out from schools because parents cannot afford to pay the fees, people losing their jobs, women turning to prostitution to make a living, murders, burglaries and other crimes are no extraordinary phenomena.

Govt launches reform of pharmaceutical industry

Govt launches reform of pharmaceutical industry JAKARTA (JP): Minister of Health Farid Anfasa Moeloek has announced the government is reforming the pharmaceutical industry by providing subsidies worth US$116 million for the importation of raw materials to produce drugs.

Asian reforms a must to lure investors

Asian reforms a must to lure investors HANOI, Vietnam (AP): East Asian countries cannot afford to falter in reforming their economies if they want to attract crucial foreign investment, Australian Foreign Affairs Minister Alexander Downer said Saturday.

Fire damage losses rise to Rp 8.27b: Report

Fire damage losses rise to Rp 8.27b: Report JAKARTA (JP): The amount of East Kalimantan ravaged by fires this year has increased to 442,800 hectares while timber revenue losses have reached Rp 8,270 billion (US$1.06 billion), a news report said Saturday.

Price hikes make farmers unhappy

Price hikes make farmers unhappyBy Subagiyo JAKARTA (Antara): The governments's decision to increase the price of unhusked rice at the beginning of this month allowed farmers breathing space from their economic woes.

Easter Service at Senayan

Easter Service at Senayan JAKARTA (JP): An American evangelist is to visit Indonesia as part of an Asian tour and preach on "Good News" at an Easter Service here, event organizers said Saturday.Reverend Morris Cerullo from San Diego will deliver his sermon and pray for believers in the...

'Field hospitals' may be needed for dengue sufferers

'Field hospitals' may be needed for dengue sufferers JAKARTA (JP): Jakarta administration will build "temporary field hospitals" if existing facilities can no longer treat the growing number of people infected with dengue fever, an official said yesterday.