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Found 1,495 articles

Retail market books positive growth

Retail market books positive growth JAKARTA (JP): The retail market in Jakarta recorded positive growth in the first quarter of this year, indicating that the crisis in this property subsector has bottomed out, according to property consultant Procon Indah/Jones Lang LaSalle.

Rubin says loans to Jakarta have adequate safeguards

Rubin says loans to Jakarta have adequate safeguards WASHINGTON (AP): The White House told Congress on Wednesday that US$1.1 billion in new World Bank loans to Indonesia will be issued with adequate safeguards to assure that they are not used to buy votes in that country's upcoming elections.

Media revels in fiesta of democracy

Media revels in fiesta of democracy JAKARTA (JP): With the race to lure voters in this year's general election officially kicking off on Wednesday, another fervent rivalry takes place on the sideline contesting the mass media covering the event.

Exporters complain about exorbitant departure tax

Exporters complain about exorbitant departure tax JAKARTA (JP): Local exporters urged the government to lift or lower the Rp 1 million (US$125) departure tax imposed on Indonesians leaving the country by airplane to boost business activities, especially exports.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition: Cancer Constellation, by Venezuelan artists, at La Casa de Mexico, Jl. Panglima Polim III no. 1-3, South Jakarta, 11 a.m. to 6 p.m., until May 25. * Drawing Exhibition: Tumbal by Hendro Suseno, at Galeri Milenium, Blok B-23, Jl. R.S.

Milk formula getting scarce

Milk formula getting scarce MALANG, East Java: Fears of violent election campaigns have driven townspeople to shops and markets to stock up on essential goods.The unprecedented shopping spree has caused several basic commodities, including baby formula and instant noodles, to "disappear" from the...

Bandung awash in a sea of red

Bandung awash in a sea of red BANDUNG: The ban on street rallies issued by the Election Supervisory Committee went unheeded on Thursday.The city was awash in a sea of red, the color of the Indonesian Democratic Party of Struggle (PDI Perjuangan), when thousands of its supporters took to the streets.

Comparative inflation, prime rate

Comparative inflation, prime rate Country CPI (% On Yr) Prime rate (average)--------------------------------------------------------Australia 1.2 (1Q) 8.50%Hong Kong -2.6 (Mar) 8.25%India +3.70 (Year to May 1) 12.0%Indonesia +38 (Apr) 38%-39%Japan -0.2 (Apr) 1.90%Malaysia +3.0 (Mar) 7.

New Islamic parties attempt to cater for all tastes

New Islamic parties attempt to cater for all tastesBy Hery Nurdi JAKARTA (JP): "I want to vote for an Islamic party, but I don't know which one to choose because there are at least twelve which claim to be Islamic," a taxi driver complained recently.

Habibie stakes claim to presidency

Habibie stakes claim to presidency BATAM, Riau (JP): Incumbent B.J. Habibie staked his claim over the presidency on Thursday, accepting the nomination by his Golkar Party and dismissing internal and external pressures for him not to run in the November election."I am not a coward.

Indonesian men's doubles reach 3rd round at World Championships

Indonesian men's doubles reach 3rd round at World ChampionshipsBy Primastuti Handayani COPENHAGEN (JP): Indonesia's men's doubles pairings of Candra Wijaya and Tony Gunawan and Ricky Subagja and Rexy Mainaky reached the third round of the World Championships at Brondby Hall here on Thursday.

Terror in East Timor

Terror in East Timor Fresh reporting by Keith B. Richburg of The Washington Post confirms the darker suspicions about Indonesia's intentions in East Timor. Indonesia has promised an early choice between autonomy and independence to the 800,000 East Timorese.

On perfect banknotes

On perfect banknotes I refer to John R. Kerr's letter The perfect banknote of May 20.If I remember correctly, my first experience of having greenbacks reduced in value (by one half or one percent depending on their "imperfection"), or rejected was some 15 years ago in the mid-1980s.

A day at the bullfights a continuing tradition in Aceh

A day at the bullfights a continuing tradition in AcehBy Ampelsa ACEH (Antara): Two widely separated provinces enjoy games in which bulls provide the entertainment. But the game found in Aceh is totally different from the one found on Madura Island.

Nation must rid itself of Soehartoism

Nation must rid itself of Soehartoism On May 21, 1998, president Soeharto was forced to resign amid bloody riots, student rallies and a crippling economic slump. Political analyst J. Soedjati Djiwandono outlines the nation's political journey over the past year.

Habibie, Mahathir meet to improve bilateral ties

Habibie, Mahathir meet to improve bilateral ties BATAM, Riau (JP): President B.J. Habibie and Malaysian Prime Minister Mahathir Mohamad met here on Thursday to exchange information on the latest developments in their respective countries.

Bad omen for Golkar

Bad omen for Golkar JAKARTA (JP): Political activists saw a bad omen for Golkar during the flag-hoisting ceremony here on Tuesday night, just hours before the 48 parties were about to kick off campaigning.All but Golkar's flag could be hoisted without a problem.

Police told to focus on five big parties

Police told to focus on five big parties JAKARTA (JP): The Election Supervisory Committee suggested on Thursday that security forces focus their job on the five political parties with the best chance to win at the polls.Mulyana W.

Citibank's treatment

Citibank's treatment On Feb. 12, 1999, I purchased in Singapore traveler's checks from Citibank with a nominal value of US$2,500 and $4,500 in the hopes that these traveler's checks would be safer to keep than cash.

MKGR nominates Rudini for president

MKGR nominates Rudini for president SEMARANG: The MKGR Party reiterated its determination to nominate Rudini, one of its most senior leaders, as its sole presidential candidate."Rudini's leadership quality is unquestionable, as he proved when he was a home affairs minister," party chairperson Mien...

Starwood launches press club

Starwood launches press club JAKARTA (JP): U.S-based international hotel chain Starwood Hotels and Resorts Worldwide, Inc launched on Thursday a complimentary international press club, called Starwood Press Club, for accredited journalists in the Asia-Pacific region.

Malaria relapse

Malaria relapse Mr. Mark Rees in his letter published in The Jakarta Post on May 18 implies that my wife and I claim to have contracted malaria at the Tanjung Lesung Resort Hotel. One wonders whether such a misinterpretation was deliberate; but most emphatically I made no such claim.

MTI urges establishment of anticorruption agency

MTI urges establishment of anticorruption agency JAKARTA (JP): The Indonesian Society for Transparency (MTI), a corruption watchdog, called on Thursday for the establishment of an independent anti-corruption agency to eliminate the culture of corruption affecting the bureaucracy, military and...

Revision of the 1945 Constitution

Revision of the 1945 Constitution According to a media report, a seminar on "Revision of the Constitution of 1945 as continuation of the reform drive in the legal sector" has proposed that a state team for the revision of the 1945 Constitution be set up.

Campaigning off to noisy start

Campaigning off to noisy start JAKARTA (JP): The capital turned into a sea of colorful flags, balloons and banners on Wednesday as the 16-day campaign period began, but red-clad supporters of the Indonesian Democratic Party of Struggle (PDI Perjuangan) dominated the multiparty "peace parade" here...

Malaysian ministers asked to 'step down'

Malaysian ministers asked to 'step down' KUALA LUMPUR (AFP): Malaysian Prime Minister Mahathir Mohamad is replacing two veteran ministers in a cabinet reshuffle widely seen as preparing the main ruling party for general elections, sources said on Wednesday.

Passengers stranded in Bogor

Passengers stranded in Bogor BOGOR, West Java: Hundreds of people were stranded along Jl. Baranangsiang here as fewer buses were operating due to the perceived risks on the first day of campaigning."I've waited for one hour," said Nuryanto, one stranded resident.

WB approves $400m loans to Indonesia

WB approves $400m loans to Indonesia JAKARTA (JP): The World Bank announced in Washington on Tuesday its approval of US$400 million in new loans to Indonesia for the country's poverty alleviation and water resource improvement programs.

Denmark's Hoyer-Larsen wants to go out in style

Denmark's Hoyer-Larsen wants to go out in style COPENHAGEN (JP): Olympic badminton champion Poul-Erik Hoyer- Larsen may turn 33 this year, but do not expect him to play like an old man in the World Championships here at Brondby Hall.

W. Sumatra parties battle time and apathy

W. Sumatra parties battle time and apathyBy Yusril Ardanis PADANG, West Sumatra (JP): Last Wednesday, party executives visiting the office of the Provincial Elections Committee here looked relieved.They had passed the "first round" of the elections by submitting their lists of prospective...

'KM Pangebu' survivor says ship exploded

'KM Pangebu' survivor says ship exploded KENDARI, Southeast Sulawesi: The only survivor of KM Pangebu, the vessel that sank in the Wowoni Strait in Southeast Sulawesi last week, revealed on Wednesday that the cargo ship foundered shortly after a blast was heard in one of its holds.Capt.

Conversion Rates

Conversion Rates Bank Bali's conversion rates on May 19, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,920.00 7,990.00 7,920.00 8,030.00Australian dollar 1 5,233.50 5,331.85 5,208.00 5,406.00Austrian schilling 1 611.26 621.69 - -Belgian franc 1 208.51 212.

Cobra campaigns for PDI of Struggle

Cobra campaigns for PDI of Struggle BANDUNG (JP): Supporters of the Indonesian Democratic Party of Struggle (PDI Perjuangan) in Bandung and elsewhere in the country are notorious for their fanaticism.On the first day of street rallies here on Wednesday, they appeared frightening.

Vietnam-Lao joint venture

Vietnam-Lao joint venture HANOI (AFP): The central banks of Vietnam and Laos have signed a contract to create a joint venture bank in the Laotian capital of Vientiane, the State Bank of Vietnam said Wednesday.

Party ads branded a waste of money

Party ads branded a waste of money JAKARTA (JP): Observers said on Wednesday political parties' advertisements on television were "a waste of money" and not effective in influencing voter behavior.Senior political observer Soedjati Djiwandono of the Centre for Strategic and International Studies...

Party leaders go hungry

Party leaders go hungry JAKARTA: Many political party leaders attending the first day of street rallies at the National Monument (Monas) on Wednesday went hungry.Activists in charge of logistics could do nothing when dozens of hungry children, men and women stole the lunch boxes reserved for the...

Punishment unlikely for errant parties

Punishment unlikely for errant parties JAKARTA (JP): The Election Supervisory Committee is reluctant to punish political parties that started campaigning early, worried that such a move would spark anger, a committee executive said on Tuesday.

Legal aid posts for women

Legal aid posts for women JAKARTA: Lawyers grouped in the Legal Team for Women's Political Rights say they have opened legal advocacy posts for women. The posts have been set up to ensure "democratization which is just, peaceful and free of violence", said a letter signed by the lawyers, including...

One year after Trisakti shooting

One year after Trisakti shooting The investigation into the shooting of four Trisakti students one year ago has, so far, not shed any light on the incident. It is as murky as the one befalling U.S. President John F. Kennedy.

Indonesian pair makes early exit

Indonesian pair makes early exitBy Primastuti Handayani COPENHAGEN (JP): Indonesia's top-seeded men's doubles team of Antonius and Denny Kantono became another victim of the upset-bug during the second-day of the badminton World Championships on Wednesday.

Theft at Ilham Habibie's mansion

Theft at Ilham Habibie's mansion BANDUNG: A burglary at the mansion of Ilham Habibie, the eldest son of President B.J. Habibie, at Jl. Rancabentang 48 here is yet to be solved, an officer said.Bandung regional police chief Col.

Disbursement of $1.1b WB loans delayed

Disbursement of $1.1b WB loans delayed WASHINGTON (Dow Jones): Bowing to U.S. concerns, Indonesia agreed not to spend $1.1 billion in new World Bank loans for social safety net programs until after national elections are held next month.The commitment was made on Tuesday after the U.S.

Bank DKI marketing director dismissed

Bank DKI marketing director dismissed JAKARTA (JP): Jakarta Governor Sutiyoso fired city-owned Bank DKI marketing and credit director Siti Aisyah.Deputy Governor of Administrative Affairs Abdul Kahfi said on Wednesday that Siti, who was appointed director in January this year, was officially...

Where to go in Surabaya:

Where to go in Surabaya:Exhibition * Instalation Exhibition: Forever, by Karol Pichler (Slovakian), at the Gallery CCCL - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5678639), 9 a.m. to 8 p.m., until May 29.

The perfect banknote

The perfect banknote I haven't had a gripe for ages in The Jakarta Post. How about this one.It continually amazes me how U.S. currency, whatever the denomination, is viewed with extra careful scrutiny at any bank or money changer in Jakarta.

New U.S. stance won't burn Asia's economies

New U.S. stance won't burn Asia's economies SINGAPORE (Reuters): The U.S. Federal Reserve's move towards a tightening bias will affect capital flows in and out of Asia, but the region is well insulated against any adverse impact of more restrictive U.S. monetary conditions.

Ode to the poor packs political punch

Ode to the poor packs political punchBy Fathul. A. Husein BANDUNG (JP): Sociopolitical euphoria after the downfall of president Soeharto in May last year, which recently clotted into ideological masks of political parties, is not over yet.

Tradition of faith

Tradition of faith A realization that has become apparent about my stay here in Jakarta, more to do with Indonesia as a whole actually, is that one of the major strengths of this country is its common thread of religion.

Indonesia's forex reserves fall to $15.92 billion

Indonesia's forex reserves fall to $15.92 billion JAKARTA (JP): Indonesia's net foreign reserves declined to US$15.92 billion in the week ending on May 14 from $16.05 billion the previous week, the central bank said in its latest weekly report.

Six policemen seriously injured in road accident

Six policemen seriously injured in road accident JAKARTA (JP): Six freshly graduated police sergeants suffered severe injuries while others were slightly wounded when their speeding truck overturned at Puri Kembangan area in West Jakarta on Wednesday morning.