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Found 1,495 articles

Govt issues bonds to recapitalize banks

Govt issues bonds to recapitalize banks JAKARTA (JP): The government issued on Friday bonds worth Rp 157.61 trillion (US$19.40 billion) to recapitalize 23 banks and fund its obligations to the central bank.

Governor warned about habits

Governor warned about habits KENDARI, Southeast Sulawesi: General elections give Governor La Ode Kaimoeddin headaches and not because of the funding his administration has to allot, but people's demands for him to stop his habits.

Bambang grilled over his alleged $3 billion fortune

Bambang grilled over his alleged $3 billion fortune JAKARTA (JP): Bambang Trihatmodjo, the second eldest son of former president Soeharto, was questioned at the Attorney General's Office on Friday morning over his alleged US$3 billion wealth reported in Time magazine.

Governor pleased riot rumors prove groundless

Governor pleased riot rumors prove groundless JAKARTA (JP): The city breathed easy on Friday evening, after rumors of riots accompanying the day's campaigning proved groundless.Jakarta Governor Sutiyoso expressed relief at day's end: "I ought to be happy...

Has anti-Chinese sentiment ebbed?

Has anti-Chinese sentiment ebbed?By Harkiman Racheman MEDAN (JP): In the middle of May 1998, a series of engineered anti-Chinese riots culminated in a horrific series of rapes in Jakarta and Surakarta. Condemned by the international community for its barbarity, the organized violation of human...

Siti reveals reason for dismissal from Bank DKI

Siti reveals reason for dismissal from Bank DKI JAKARTA (JP): The former marketing and credit director of city-owned Bank DKI said on Friday that Governor Sutiyoso fired her because she rejected a Rp 8 billion loan proposal from his friend.

City Hall not involved in scam

City Hall not involved in scam JAKARTA (JP): Deputy governor for development affairs Budihardjo Sukmadi insisted on Friday that the city administration never received money for official activities from city-owned Bank DKI, which was stated in several payment documents reportedly issued by the...

Asian currencies up but lag behind yen's ascent

Asian currencies up but lag behind yen's ascent HONG KONG (Dow Jones): Asian currencies followed the yen higher Friday, but gains were limited by sales from market players looking to exit long positions in the regionals against the Japanese currency.The U.S.

No compensation for Chinese boat

No compensation for Chinese boat MANILA (AFP): China's demand for compensation for a fishing boat which collided with a Philippine navy patrol vessel and sank in disputed waters has been rejected by President Joseph Estrada's Cabinet, his spokesman said on Friday.

Indonesia: Moving from openness to the winds of reform

Indonesia: Moving from openness to the winds of reformBy Yenni Djahidin WASHINGTON (JP): Paul Wolfowitz, one of the most popular American ambassadors to serve in Indonesia, is remembered most for setting off a healthy but short-lived discourse on democracy in his last speech before ending his term...

Withdraw money from idle parties

Withdraw money from idle parties PAMEKASAN, East Java: The local representative of the University Network for Free and Fair Elections (Unfrel) urged the regent here on Friday to withdraw money the government granted to political parties which do not campaign.

Bali Police arrest two for exam leaks

Bali Police arrest two for exam leaks DENPASAR, Bali: Local police have arrested two men believed to have revealed the contents of the province's high school final examination, an official said here on Thursday.

Credit suspension affects PDR

Credit suspension affects PDR MANADO, North Sulawesi: An executive of the People's Sovereignty Party (PDR) here acknowledged on Wednesday the central bank's suspension of a business credit scheme for farmers had forced it to revise its vote target in the upcoming polls.

Indonesia beats Sri Lanka 2-1 in pre-Olympic match

Indonesia beats Sri Lanka 2-1 in pre-Olympic match JAKARTA (JP): Indonesia's pre-Olympic soccer team did not play its best in defeating underdog Sri Lanka 2-1 in the second match of the Asian Zone Group eight prequalifying tournament for the 2000 Olympic Games at Tong Dae Moon stadium in Seoul,...

Agenda

Agenda JAKARTA (JP): Some of the 10 political parties to take turns campaigning in the capital Friday plan to do "something different" to win public sympathy. They promise it will be more than just street rallies.

Party supporter falls to his death

Party supporter falls to his death SEMARANG: An Indonesian Democratic Party of Struggle (PDI Perjuangan) teenage supporter died after he fell from a truck during a motorcade here on Thursday.Witnesses said Slamet Riyanto, 18, slipped off the back of the truck after falling asleep.

PKB supporters attack PPP backers, injuring 15

PKB supporters attack PPP backers, injuring 15 PEKALONGAN, Central Java (JP): Fifteen supporters of the United Development Party (PPP) were injured in an attack by supporters of the National Awakening Party (PKB), party officials said on Thursday.

PAN executives leave party

PAN executives leave party PALEMBANG, South Sumatra: Three executives of the National Mandate Party's (PAN) provincial chapter here have decided to leave the party.Deputy secretary Sribanun Hafiz, head of youth affairs K.

A tragic legacy

A tragic legacy Brutal acts of violence and murders, such as the senseless "killing fields of Aceh", "bloody Semanggi", and "the Ketapang free fight" are merely a reflection of the way this nation was brought to its 53rd birthday, under authoritarian rule for more than 50 percent of its lifetime.

Politicians lack education

Politicians lack education MATARAM, West Nusa Tenggara: Over 30 percent of the 559 legislative candidates for the Mataram mayoralty legislative council are elementary school graduates, an official revealed on Thursday.

Worker protests inflict losses: Apindo

Worker protests inflict losses: Apindo JAKARTA (JP): Local industrialists said here on Thursday that a recent series of protests and strikes by workers has inflicted great losses on their companies.Secretary-general of the Indonesian Employers' Association (Apindo) Purbadi Hardjoprajitno said the...

Delay in SSX-JSX merger hailed

Delay in SSX-JSX merger hailed JAKARTA (JP): Securities analysts hailed on Thursday the decision by the Surabaya Stock Exchange (SSX) to cancel its merger plan with the Jakarta Stock Exchange (JSX).The president of Arga Artha securities, Nurkhamid, said the Surabaya-based market should be directed...

PIB threatens to sue police

PIB threatens to sue police UJUNGPANDANG, South Sulawesi: The local chapter of the New Indonesia Party (PIB) threatened to sue the police on Wednesday for asking its campaigners to cancel its gathering only hours before it was about to begin.

Golkar office set on fire in troubled Aceh

Golkar office set on fire in troubled Aceh JAKARTA (JP): A Golkar Party office in the North Aceh capital of Lhokseumawe was set on fire early Thursday as reports came that the local elections committee requested a delay for the June 7 poll because of escalating tensions in the troubled province.

S'pore tourism on the rise

S'pore tourism on the rise SINGAPORE (DPA): The number of tourists traveling to Singapore rose for the fourth straight month in April though the number of visitors from Europe and the United States was down, the Singapore Tourism Board (STB) reported Thursday.Figures showed a 6.

City planning department launched

City planning department launched JAKARTA (JP): Private Tarumanagara University launched on Thursday a new city planning department in a bid to meet rising demands for professional experts in city design.Tono Setiadi, dean of the university's technique school, told a media conference at the Jl. S.

Stickers circulated to help voters

Stickers circulated to help voters PURWOKERTO, Central Java: The local chapter of the Indonesian Democratic Party of Struggle (PDI Perjuangan) has found a creative way to educate its supporters: distributing stickers bearing the party logo, which has been pierced.

S'pore hotels see no influx of guests

S'pore hotels see no influx of guests SINGAPORE (Reuters): Jittery Indonesians are once again taking refuge in Singapore ahead of a potentially violent election back home but local hoteliers said on Thursday they were not seeing a repeat of last year's riots-inspired windfall.

Street kids underfunded

Street kids underfunded SAMARINDA, East Kalimantan: The government could only provide help to 18,000 street children, or 45 percent of the country's reported 40,000 street urchins, due to a shortage of funds allocated for the scheme, an official said here on Thursday.

Medan students denounce military violence

Medan students denounce military violence MEDAN, North Sumatra (JP): Dozens of university students staged a noisy rally on Thursday in front of North Sumatra University to denounce the shooting of protesters outside the headquarters of state plantation company PTP Nusantara II in Tanjung Morawa on...

Many Jakartans net extra income from campaign

Many Jakartans net extra income from campaignBy Ida Indawati Khouw and Ahmad Junaidi JAKARTA (JP): Campaigning activities have become an income source for some Jakartans, as scores of political parties provide payment for those willing to join rallies or party gatherings.

Students enjoy their own party

Students enjoy their own party BANJARMASIN, South Kalimantan: Dozens of high school students in shirts covered pen scribbles, roamed the streets on motorbikes yesterday -- not campaigning for any political party but celebrating their graduation.

Conversion Rates

Conversion Rates Bank Bali's conversion rates on May 27, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 8,060.00 8,120.00 8,060.00 8,160.00Australian dollar 1 5,198.55 5,289.60 5,173.00 5,364.00Austrian schilling 1 610.30 619.88 - -Belgian franc 1 208.18 211.

Parents told not to take children to campaign sites

Parents told not to take children to campaign sites JAKARTA (JP): Raising an alarm over campaign fatalities, General Elections Commission (KPU) chairman Rudini warned parents against taking children to campaign rallies."Campaigning is not a recreation.

Ballot papers

Ballot papers Now, about two weeks before the general election, the people -- especially those in the provinces -- are not yet informed about the format of the ballot paper to be used on election day, June 7. I appeal to the media to immediately help socialize the format of the ballot paper.

Govt should take over recapitalized banks

Govt should take over recapitalized banks JAKARTA (JP): The Center for Banking Crisis and the Indonesian Exporters Association urged the government on Thursday to take over all large recapitalized banks and revamp their management to minimize risks.

Source says Lippo Life to sell majority stake

Source says Lippo Life to sell majority stake SINGAPORE (Reuters): A deal to sell a majority stake in Indonesian insurer PT Asuransi Lippo Life may be finalized in two weeks, a source familiar with the deal said on Thursday.

National gallery draws mixed reactions

National gallery draws mixed reactionsBy Rita A. Widiadana JAKARTA (JP): It was a disenchanting visit to a national gallery, commented an art lover when he toured Galeri Nasional Indonesia on Jl. Merdeka Timur, Central Jakarta, which opened three weeks ago.

Officials misused funds at Bank DKI, source claims

Officials misused funds at Bank DKI, source claims JAKARTA (JP): City administration run Bank DKI has suffered losses of at least hundreds of million of rupiah allegedly through embezzlement by the bank's top executives, a source at the Jakarta Prosecutor's Office said on Thursday.

Asian currencies end mixed as regional markets flounder

Asian currencies end mixed as regional markets flounder HONG KONG (Dow Jones): Asian currencies were mixed in local trading hours Thursday, as easing tension in Latin America and choppy trading in the U.S. dollar against the yen left dealers unsure which direction regional markets are set to take.

Polls in remote islands in doubt

Polls in remote islands in doubt KENDARI, Southeast Sulawesi: The participation of thousands of people in isolated islands is in doubt because of an absence of transportation to carry vital ballot materials, Antara reported on Thursday.

Senior citizens seek welfare provisions

Senior citizens seek welfare provisions JAKARTA (JP): Senior citizens appealed to the government on Thursday to provide them with social insurance because of the lack of an institutional welfare guarantee for the over-65s.

Breaches of campaign rules becoming order of the day

Breaches of campaign rules becoming order of the day JAKARTA (JP): Reports of violations of electoral campaigning rules are on the rise as political parties entered the second of three rounds of campaigning on Thursday.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Drawing Exhibition: Tumbal by Hendro Suseno, at Galeri Milenium, Blok B-23, Jl. R.S. Fatmawati No. 15, South Jakarta (Phone: 7507828), until Jun. 7. * Drawing Exhibition: Film Dalam Gambar, by Fritz Lang, at Galeri Lontar, Jl.

Muslim-based parties set to make deal on extra votes

Muslim-based parties set to make deal on extra votes JAKARTA (JP): Eight Muslim-oriented parties are set to strike a deal on allocating extra votes, a move they say conforms to the Islamic principle of charity.

Character building

Character building A captivating feature article appearing in two parts in Kompas, May 21 and May 22, came from the hand of Dr. Mochtar Pabottingi of the Indonesian Institute of Sciences under the eye- catching title State with no nation, nation with no character.

PKB guards to be 'invincible'

PKB guards to be 'invincible' PURWOKERTO, Central Java: Senior Moslem clerics of the National Awakening Party (PKB) are busy training 300,000 activists to safeguard the party's campaigns.Associated in Laskar Balaba (defense paramilitary troops), members do not only undergo physical training, but...

Elections hold hope and reform

Elections hold hope and reform JAKARTA (JP): With the many encouraging changes that have occurred since the demise of the New Order regime, one foreign observer expects this year's general election to generate reform in Indonesian politics.

No change in East Timor ballot date: UN

No change in East Timor ballot date: UN DILI, East Timor (JP): A United Nations advance team in East Timor confirmed on Thursday that the New York-based world organization had no intention of changing the date for the vote scheduled for Aug. 8 in the troubled territory.

IMA pledges to be more active in helping members

IMA pledges to be more active in helping members JAKARTA (JP): The Indonesian Mining Association (IMA) pledged on Thursday it would work to repair the bad image of the country's mining companies.Association chairman BN Wahyu said in the past the organization had been accused by various...