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Found 1,576 articles

S'pore banks get top Asian ratings

S'pore banks get top Asian ratings SINGAPORE (Reuter): Singapore banks have the lowest credit risks in Asia while Chinese and Indian banks have the highest, Standard and Poor's director of financial institutions Ken McLay said yesterday.

Bapepam investigates Summarecon, accountants

Bapepam investigates Summarecon, accountants JAKARTA (JP): The Capital Market Supervisory Agency is investigating why two Jakarta accounting firms made conflicting financial statements for publicly listed PT Summarecon Agung.

S. Jakarta phones disrupted

S. Jakarta phones disrupted JAKARTA (JP): Cable repairs have disrupted 3,900 phone lines in South Jakarta since April.Nyoman G. Wiryanata, head of PT Telkom's South Jakarta office, was quoted by Antara yesterday as saying several customers had complained.

Appraising the public euphoria

Appraising the public euphoria Predictions that the 1997 general election campaign would be more subdued than previous elections have not proven entirely correct. Parades, the mobilization of crowds, the chanting of slogans and other expressions of mass euphoria have occurred in almost every...

Belo meets Sampaio

Belo meets Sampaio LISBON (AFP): Bishop Carlos Ximenes Belo, the bishop of Dili in East Timor and the co-winner last year of the Nobel Peace Prize, held talks Monday with Portuguese President Jorge Sampaio.

RI's climbers get hero's welcome

RI's climbers get hero's welcome JAKARTA (JP): All three Indonesian climbers who succeeded in reaching Mount Everest's peak, along with 20 other members of the expedition team, arrived home safely yesterday evening, receiving a hero's welcome.

Lawyers ask court to free Robot

Lawyers ask court to free Robot JAKARTA (JP): Lawyers defending a pedophile asked the Central Jakarta District Court yesterday to free the defendant, Siswanto, alias Robot Gedek, saying he had not been proved guilty as charged.

Safer way of paying teachers

Safer way of paying teachers BANDARLAMPUNG, Lampung: More state school teachers in the provinces will be paid by bank transfer, a system which should guarantee that they receive the money intact.Sri Wardani, an official at Lampung's education and culture office, said 70 schools in the provinces had...

Apprenticeship in Japan

Apprenticeship in Japan BANJARMASIN, South Kalimantan: Eight members of the government-backed youth organization Karang Taruna will join an apprenticeship program in Japan for three years."It is the first apprenticeship program for Karang Taruna, so we must take the chance," the chairman of the...

Harmoko defends government officials' ethics

Harmoko defends government officials' ethics JAKARTA (JP): Golkar chairman Harmoko said yesterday that government officials had always maintained their ethics.He told thousands of enthusiastic yellow-clad supporters in Pekanbaru, Riau, yesterday, that he had ample proof that the Golkar-dominated...

Two Bre-X executives held by employees

Two Bre-X executives held by employees JAKARTA (JP): Hundreds of employees at the Busang I camp in East Kalimantan reportedly held members of Bre-X management Sunday, following the freezing of all company activities, Antara reported yesterday.

What are the consequences of a PPP and PDI alliance?

What are the consequences of a PPP and PDI alliance? Signs of an alliance between supporters of the ousted Indonesian Democratic Party (PDI) leader Megawati and the United Development Party (PPP) in the election campaign have been taking shape.

Megawati-PPP banners ban bagged

Megawati-PPP banners ban bagged JAKARTA (JP): It was thumbs down yesterday to a government ban on banners and pictures portraying an alliance between the deposed Indonesian Democratic Party's (PDI) leader, Megawati Soekarnoputri, and the United Development Party (PPP).

Youth forum calls for fair general election

Youth forum calls for fair general election JAKARTA (JP): The nine youth and student organizations in the Indonesian Nationalist Youth Forum demanded a fair general election yesterday.The organizations released a statement saying the government and the three parties should guarantee that people can...

Astra gives scholarship

Astra gives scholarship JAKARTA (JP): PT Astra International announced yesterday it had provided Rp 48 million (US$20,000) worth of scholarships to students at Aceh's Syah Kuala University.Astra said in a statement the scholarships were part of the company's commitment to providing Rp 500 million...

Soeharto tells others to get tough on violence

Soeharto tells others to get tough on violence JAKARTA (JP): President Soeharto ordered election organizers yesterday to reprimand the three parties' leaders for the increasing campaign violence.After receiving a report on the campaign by the National Elections Institute's chairman, Moch. Yogie S.M.

Venture capital for firms

Venture capital for firms BANDUNG (JP): PT Sarana Jabar Ventura (SJV) said yesterday it had given financial help to 130 small to medium companies since it was established three years ago."The amount we allocate varies but does not exceed Rp 500 million (US$205,676)," the company's president Yani...

Security, ideas clash in campaign

Security, ideas clash in campaignBy Ramlan Surbakti SURABAYA (JP): Each general election has its own characteristics in line with the existing political makeup. The May 29 election, the sixth under the New Order government, is no exception.

Oki sentenced to death for L.A. triple murder

Oki sentenced to death for L.A. triple murder JAKARTA (JP): Harnoko Dewantono, alias Oki, was sentenced to death for first degree murder by a panel of judges in the Central Jakarta District Court, yesterday.

TV today

TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Family's Film: Road to Avonlea 3:10 Children's Program: Anak-Anak Indonesia 3:35 Talk Show: Kotak Pos 4:00 Regional News 4:30 Education Quiz: Cepat Tepat 5:10 TV Series: Topacio 5:55 Music 6:00 News: Lintasan Berita 6:05...

Japan Foundation screens free films

Japan Foundation screens free films JAKARTA (JP): Two Japanese films will be screened at the Japan Foundation from May 15 to May 20 for free.The films, to be shown at the Summitmas I building, are Daiyukai, (Rainbow Kids) and Tsugumi. Both films have texts in Indonesian.

Voluntary donations?

Voluntary donations? In less than five months from now, Jakarta will be proud host to the 19th Southeast Asian Games -- or SEA Games, as it is more popularly known -- which is scheduled to open on Oct. 11 with pomp and ceremony at the capital's Senayan sports complex.

Games sticker alternative for entry ticket: Official

Games sticker alternative for entry ticket: Official JAKARTA (JP): City council's deputy spokesman yesterday recommended the 19th SEA Games stickers be exchanged as Games entry tickets to encourage more people to support the sports event.

TV today

TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Berenstain Bears 3:00 News: Lintasan Berita 3:10 Teenagers' Program: Remaja Indonesia 3:35 Education Program: Kuliah Universitas Terbuka 4:00 Regional News 4:30 Teenagers' Program: Drama Remaja 5:00 English...

Friendship is the Arafura Games' motto

Friendship is the Arafura Games' motto DARWIN, Australia (JP): The Arafura Games' participants have agreed to maintain the biennial event's unique characteristic, which is that it is based on friendship.

Next vice president 'likely to be chosen from the cabinet'

Next vice president 'likely to be chosen from the cabinet' JAKARTA (JP): The next vice president is likely to be chosen from the present cabinet of President Soeharto, senior politician Sudomo said yesterday.

Sudomo's newest startling revelation

Sudomo's newest startling revelation JAKARTA: Sudomo, the 70-year-old Supreme Advisory Council chief and regular casanova of beautiful actresses and singers, proved yesterday that he hadn't changed.As a good Golkar cadre, he said, he supported President Soeharto's renomination for a seventh term...

Travel bag returned

Travel bag returned Taking a taxi ride with Blue Bird recently, I forgot to collect my travel bag containing several valuable items.The bag was safely returned complete with all items within 48 hours.I would like to thank the management at Blue Bird and the driver to whom I am most grateful.

Former journalists exonerated

Former journalists exonerated YOGYAKARTA: The Yogyakarta district court exonerated Monday three former journalists of Kedaulatan Rakyat daily who were accused of violating copyrights.Presiding judge Sri Boediastuti said the three must be freed as there was no evidence that they had violated...

More firms invited to join job fair

More firms invited to join job fair JAKARTA (JP): Atma Jaya Catholic University yesterday invited more companies to join this year's job fair.Deputy rector of the university Johannes Temaluru said the job fair, which is due to be held in December, would benefit both companies and universities.

Soebadio questioned at police HQ

Soebadio questioned at police HQ JAKARTA (JP): Former politician Soebadio Sastrosatmo was questioned about his alleged defamation of President Soeharto yesterday for two and a half hours at City Police Headquarters.

Coffin fails to impress cleric

Coffin fails to impress cleric JAKARTA: Tuty Alawwiyah, leader of a Golkar-affiliated Moslem organization, is unimpressed by people using coffins to dramatize concern for the "death of democracy".The latest person to carry a mock coffin in a street protest is playwright Ratna Sarumpaet, whose play...

RI blames industrial states for unhealthy textile trade

RI blames industrial states for unhealthy textile tradeBy Rita A. Widiadana HONG KONG (JP): Industrialized countries impose protectionist measures on textile and clothing imports from developing nations, affecting the growth of their industries, an Indonesian minister said here yesterday.

PMI calls for aid for Iran

PMI calls for aid for Iran JAKARTA: The Indonesian Red Cross (PMI) headquarters has called on people to help Iranian families left homeless by the earthquake that killed 2,400 people last Saturday.In a statement from the public relations head of the organization Marlina Suriawan, PMI said all 306...

Indorama posts Rp 36.2b net profit

Indorama posts Rp 36.2b net profit JAKARTA (JP): Publicly listed polyester maker Indorama Synthetics posted a Rp 36.2 billion net profit in the first quarter of 1997, up 77 percent from Rp 20.4 billion in 1996.The company said yesterday it also recorded a 26 percent increase in net sales to Rp 198.

RI mission in Australia

RI mission in Australia JAKARTA (JP): An Indonesian delegation led by the Chamber of Commerce and Industry's chairman Aburizal Bakrie arrived in Canberra yesterday for a five-day mission to promote trade and economic cooperation with Australia.

Silk Air to Balikpapan

Silk Air to Balikpapan JAKARTA (JP): National flag carrier Garuda Indonesia in cooperation with Singapore's Silk Air will link Balikpapan in East Kalimantan and Singapore twice a week with a 78-seat Fokker 70 aircraft service.Garuda said here yesterday the service would start on June 2.

East Timor joins Expo Darwin

East Timor joins Expo Darwin DILI: East Timor will join Expo Darwin in an effort to promote its natural resources.The vice chairman of the Provincial Investment Coordinating Board (BKPMD), Basyiruddin Yusuf, said over the weekend that participation in the expo was aimed at enhancing foreign...

Indonesia's Setdco buys 60% of Kazakh Mangistau

Indonesia's Setdco buys 60% of Kazakh Mangistau ALMATY (Reuter): Central Asia Petroleum Ltd, a unit of Indonesia's Setdco Group, has bought a 60-percent stake in Kazakhstan's largest oil company Mangistaumunaigaz for a total of US$4.348 billion, a senior Kazakh official said yesterday.

Asian economic chiefs outline reform commitment

Asian economic chiefs outline reform commitment FUKUOKA, Japan (AFP): Finance chiefs outlined yesterday their commitment to reform at the Asian Development Bank annual meeting here as differences over the entry of North Korea simmered on the sidelines.

PDI proposes 25% hike in education budget

PDI proposes 25% hike in education budget JAKARTA (JP): The government-recognized faction of the Indonesian Democratic Party (PDI) said yesterday the state budget for education should rise 25 percent.In a discussion broadcasted by state television station TVRI, PDI deputy chairman Subagyo Umar said...

Kupang's pager service

Kupang's pager service JAKARTA (JP): PT Tanoni will soon get a pager service in Kupang, East Nusa Tenggara's capital, Antara reported yesterday.The head of the province's tourism, post and telecommunications office, Musa Tarigan, said a pager service should do well in the city.

ADB aids Islamic school

ADB aids Islamic school JAKARTA: The Manila-based Asian Development Bank (ADB) is providing US$85 million in financial aid for Indonesia's Islamic high schools in rural areas.Indonesian Ambassador to the Philippines Abu Hartono and ADB President Mitsuo Sato signed the aid agreement in Manila...

Thailand eases loan rules

Thailand eases loan rules BANGKOK (AFP): The Bank of Thailand said yesterday that it would ease some rules concerning provisions for sub-standard loans for finance companies.Director of financial institutions supervision and development Theerachai Puvanartnaranubala said the central bank would meet...

PPP tells government to be neutral

PPP tells government to be neutral PADANG, West Sumatra (JP): The United Development Party (PPP) demanded yesterday that the government stop requiring bureaucrats to help Golkar win the general election.

Asian shipping lines 'must look to' merger, buyouts

Asian shipping lines 'must look to' merger, buyouts SINGAPORE (AFP): Asian shipping lines will have to look increasingly to mergers and buyouts to survive falling freight rates, tougher regulations and fierce competition, industry officials said yesterday.

RI swimmers shine at Arafura Games

RI swimmers shine at Arafura GamesBy Primastuti Handayani DARWIN, Australia (JP): Indonesia bagged five more golds and three silvers in swimming and three golds and two silvers in track and field on the Arafura Games' third day yesterday.

The Newmont case

The Newmont case Finally, Newmont gold mining company in West Nusa Tenggara was given a construction permit by Minister of Mines and Energy Ida Bagus Sudjana. PT Newmont Nusatenggara has already received a formal letter of decision and thus the polemic over Sudjana's request for equity shares is...

PT Satelindo expands its roaming service

PT Satelindo expands its roaming service JAKARTA (JP): PT Satelindo, one of Indonesia's three operators of the global system for mobile communication (GSM), has expanded its roaming service into 34 countries in cooperation with 53 overseas operators.

Eleven state firms lose more than Rp 182.61 billion

Eleven state firms lose more than Rp 182.61 billion JAKARTA (JP): At least eleven state-owned enterprises under the Ministry of Industry and Trade last year suffered a combined loss of Rp 182.61 billion (US$76.08 million), the ministry said yesterday.