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Found 1,504 articles

IMF loan news boosts rupiah but stocks down

IMF loan news boosts rupiah but stocks down JAKARTA (JP): The rupiah continued to book slight gains yesterday on positive market response to the International Monetary Fund's announcement of the disbursement schedule for much-needed bailout funds to the country.

'TVRI' to air ads if permitted

'TVRI' to air ads if permitted UJUNGPANDANG, South Sulawesi: The state-owned television station, TVRI, would air commercials as soon as it is permitted to do so by law, Director for Television Affairs Azis Husain said."We'll just have to wait for a new government decision on the status of TVRI.

Experts calls for immediate reform of the judiciary

Experts calls for immediate reform of the judiciary JAKARTA (JP): Law experts called for immediate reform of the country's judiciary yesterday, and said that it should include the revocation of several laws which they argued obstructed judges' independence.

Beddu Amang replaced as Bulog chief

Beddu Amang replaced as Bulog chief JAKARTA (JP): President B.J. Habibie yesterday replaced the State Logistics Agency (Bulog) chairman Beddu Amang in what information minister Muhammad Yunus said was the initial step in a concerted effort to restructure the agency.

Cue defends Jambi action

Cue defends Jambi action WELLINGTON (Dow Jones): New Zealand-listed exploration concern Cue Energy Resources NL yesterday advised it has been served with a claim for US$32.2 million in damages by Norwegian oil company Saga Petroleum ASA.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on August 26, 1998: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 325 0 0 AHAP Insurance 400 0 0 Alter Abadi 225 0 112,500 Alumindo Light Metal 275 -25 2,500 Alumindo...

Capsize death toll rises to 12

Capsize death toll rises to 12 TANGERANG (JP): The bodies of five more people who drowned when the overloaded boat in which they were traveling capsized bring the death toll from the accident to 12, an official has said.

TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film: Thundercats 3:05 Film Orkestra 3:30 Science World 4:00 Regional News 4:30 Creative Program: Karya Kita 5:00 Arabic Lessons 5:30 TV Series: The Man from Uncle 6:00 News: Lintasan Berita 6:05 Documentary: Rona Nusantara 6:15...

'Song for Princess Diana' staged

'Song for Princess Diana' staged JAKARTA (JP): A group of musicians will hold a concert Sunday evening at the Fashion Cafe in the BNI tower, Central Jakarta, to commemorate the first anniversary of Princess Diana's death.

Seat belts

Seat beltsFrom Bisnis IndonesiaAs from mid-September the wearing of seat belts will be compulsory. Noncompliance of the regulation will be subject to imprisonment or a Rp 1 million fine.The intention of the regulation is the safety of motorists.

Textile firm urge govt to fight dumping charge

Textile firm urge govt to fight dumping charge JAKARTA (JP): The Indonesian Textile Association (API) prodded the government yesterday to launch an international lobby against dumping charges slapped on Indonesian textile exports.API director M.

Cempaka Putih market reopens for business

Cempaka Putih market reopens for business JAKARTA (JP): Governor Sutiyoso inaugurated yesterday the resumption of business activities at Cempaka Putih market in Central Jakarta following its renovation after being destroyed in the May riots.

Aceh confronts 'rumah geudong', its own house of horrors

Aceh confronts 'rumah geudong', its own house of horrors SIGLI, Aceh (JP): It is still unclear who torched the spooky mansion in Bili Aron village on Aug. 21.But the rumah gedong (mansion) with its traditional Acehnese architecture has already passed into infamy for the terrible acts allegedly...

No evidence of rapes found: Govt

No evidence of rapes found: Govt JAKARTA (JP): Minister of Defense and Security/Armed Forces (ABRI) Commander Gen. Wiranto submitted a police report to a weekly cabinet meeting yesterday saying that police have investigated 103 reports of rape during the May riots but have yet to find evidence to...

RI archers off to Asian C'ships

RI archers off to Asian C'ships JAKARTA (JP): The national archery team headed to Myanmar yesterday for the Asian Championships in Yangon. The annual event is being held from Aug. 28 to Aug. 31.Wahyu Hidayat, Yulianto, Hendra Setiawan and Latief Pramono are the men's lineup.

BI corruption probe half finished: Police

BI corruption probe half finished: Police JAKARTA (JP): Police have completed half of the investigation into three former Bank Indonesia directors charged with corruption that cost the state some Rp 1.5 trillion, an officer said.City police chief Maj. Gen.

Alleged looter shot during chase

Alleged looter shot during chase JAKARTA (JP): Police shot a man who had allegedly stolen a Kijang van during the May riots Monday evening on Jl. Daan Mogot, West Jakarta, after he reportedly resisted arrest.

Wiranto criticizes rights commission over Aceh probe

Wiranto criticizes rights commission over Aceh probe JAKARTA (JP): Armed Forces Commander Gen. Wiranto lashed out at the National Commission on Human Rights yesterday for going public with its alleged number of victims of rights violations in Aceh without checking with the military first.Gen.

Daihatsu, Isuzu rethinking their RI production ventures

Daihatsu, Isuzu rethinking their RI production ventures TOKYO (Bloomberg): Japanese automakers Daihatsu Motor Co and Isuzu Motor Co are reconsidering the future of their production ventures in Indonesia at the request of local partners, both companies said yesterday.

Insecure about signifying decorativism?

Insecure about signifying decorativism?By Amir Sidharta JAKARTA (JP): Two related exhibitions, Patterning in Contemporary Art: Layers of Meaning, and Signifying Decorativeness: Layers of Meaning, were displayed together at the Exhibition Hall of the Ministry of Education and Culture, Gambir,...

Permata Plaza evacuated after fire

Permata Plaza evacuated after fire JAKARTA (JP): Hundreds of frightened tenants in the 13-story Permata Plaza on the city's main thoroughfare of Jl. MH Thamrin in Central Jakarta fled the building yesterday morning after black smoke was seen coming out of its basement.No fatalities were reported.

Govt confirms validaty of Prabowo discharge

Govt confirms validaty of Prabowo discharge JAKARTA (JP): The government insisted yesterday Lt. Gen. Prabowo Subianto's dismissal from the military was valid as government critics expressed their disappointment over the administrative sanction.

Yogyakartans install Sultan in defiance of govt

Yogyakartans install Sultan in defiance of govt YOGYAKARTA (JP): In an unprecedented display of defiance toward the government, around 100,000 local people gathered at the provincial legislature yesterday to install the governor of their choice -- hereditary monarch Sri Sultan Hamengku Buwono X.

Myanmar pagoda shut amid rumors

Myanmar pagoda shut amid rumors YANGON (AP): The most sacred pagoda in Myanmar was closed yesterday morning amid rumors opposition groups were planning a lightning protest at the site.Shopkeepers at the Shwedagon Pagoda in Yangon, a dazzling, bell-shaped, gold-encrusted Buddhist shrine, were told...

S'pore, Vietnam notch up first wins in Tiger Cup

S'pore, Vietnam notch up first wins in Tiger Cup HANOI (AP): Singapore beat Malaysia 2-0 and Vietnam downed Laos 4-1 yesterday as the eight-nation Tiger Cup soccer competition kicked off with the grandest display of pageantry ever staged here.

Book on Bali tourism released

Book on Bali tourism released DENPASAR, Bali: The Bali chapter of the Indonesian Hotel and Restaurant Association (PHRI) has printed 40,000 copies of the 1998 edition of The Visitor's Guide to Bali.In cooperation with publishing company PT Media Dutaservindo, PHRI will distribute the guidebook...

Political parties should fight paternalistic governance

Political parties should fight paternalistic governanceBy Mochtar Buchori JAKARTA (JP): What is good governance, and what can assure good governance?According to experts, good governance is a concept purporting to limit arbitrary actions performed by governments through legal devices and other...

Earthquake hits Palu

Earthquake hits Palu PALU, Central Sulawesi: An earthquake measuring 4.7 on the Richter scale hit the Donggala regency's eastern coast yesterday afternoon, prompting frightened residents to flee their homes.There were no immediate reports of casualties or serious injuries.

Layoffs

Layoffs I refer to a letter by Asikin Effendi in your Aug. 10 issue and wish to share my experience as a former employee of PT Indokomas Buana Perkasa.In January 1997, I was laid off without any clear cause after working three years.

Hancock opens sales center

Hancock opens sales center JAKARTA (JP): Joint-venture life insurance company PT Asuransi Jiwa Bersama Bumiputera John Hancock opened a new sales and service center yesterday at Wisma Bisnis Indonesia, West Jakarta.

Political stability remains key to foreign investment

Political stability remains key to foreign investment JAKARTA (JP): The government's recent move to allow foreign investors to control a majority stake in local banks will not lure foreign companies if political uncertainty in the country remains high, a senior foreign banker said yesterday.

Bosawa starts production

Bosawa starts production JAKARTA (JP): PT Semen Bosawa Maros of Maros district, South Sulawesi, started its inaugural production and sales of cement yesterday.Bosawa Maros, the first private cementmaker in the province, has production capacity of 1.8 tons per annum.

Ade to seek Asian title

Ade to seek Asian title JAKARTA (JP): The 1995 Asian bodybuilding champion, Ade Rai, is set to try his luck once again in the contest in Ho Chi Minh City beginning next Tuesday.Ade, also the 1996 Asia Pro-Am champion in Macau, will compete in the light heavyweight division in the southern...

Going halfway to democratization may be dangerous

Going halfway to democratization may be dangerous JAKARTA (JP): Indonesia is currently experiencing a transition period from an authoritarian government under former president Soeharto, who was forced to step down in May, to a supposedly democratic government under President B.J.

Crisis sends money orders down

Crisis sends money orders down YOGYAKARTA: One indicator of the inroads made by the crisis may be the number of money orders being processed by the post office.Head of the Yogyakarta Post Office Yayat Sudrajat said here yesterday the amount processed in the first six months of the year dropped by...

Stop sex trade in rehab program

Stop sex trade in rehab program JAKARTA (JP): City councilors urged the administration yesterday to forbid Kramat Tunggak sex workers from receiving clients while taking short courses provided by the city to prepare them for new professions after the forced closure of their brothels.

UN mulls autonomy models for E. Timor

UN mulls autonomy models for E. Timor UNITED NATIONS (AFP): United Nations officials are studying autonomy models as they prepare a plan for East Timor to be put forward at talks between Indonesia and Portugal, diplomats said here Tuesday.

Security approach no longer needed: Political observer

Security approach no longer needed: Political observer JAKARTA (JP): Political observer Daniel Dhakidae has backed the call for an end to the Armed Forces (ABRI) "security approach" in national development, saying it is time to return people's lives to normalcy.

Three alleged drug dealers arrested

Three alleged drug dealers arrested JAKARTA (JP): Police detectives arrested three suspected drug dealers during a raid Tuesday night on a house used for fabricating Ecstasy pills on Jl. Teri in the Teluk Gong area, North Jakarta, an official said yesterday.City police spokesman Lt. Col. E.

Success of foreign debt relief hinges on domestic debt

Success of foreign debt relief hinges on domestic debt JAKARTA (JP): The success of the overseas debt relief scheme supervised by the Indonesian Debt Restructuring Agency (INDRA) hinges on resolving the problem of domestic debts, according to a Bank Indonesia director.

The ethnic Chinese's dilemma

The ethnic Chinese's dilemmaBy Beni Sindhunata This is the second of two articles on problematic issues related to the ethnic Chinese in Indonesia. JAKARTA (JP): Bank Indonesia's injection of Rp 140 trillion (US$11.

Government welcomes new IMF disbursement

Government welcomes new IMF disbursement JAKARTA (JP): The government welcomed yesterday the International Monetary Fund (IMF) executive board's decision on Tuesday to disburse another US$1 billion in rescue funds and praised the new aid as another boost to strengthening the rupiah.

Composers, artists get reminder of past sycophancy

Composers, artists get reminder of past sycophancy JAKARTA (JP): People now dare to face head-on the fact that former president Soeharto's grasp reached well beyond politics and business, even meddling in the arts.

World economies rise and fall together

World economies rise and fall together A year ago, all the talk was of the growth and productivity gains to be made from globalization. What is being felt on the streets of Moscow and Indonesia (not to mention the Square Mile and Wall Street) is the downside of the one-world economy, writes Ben...

Liquidity support to ailing banks rises to Rp 140.80 trillion

Liquidity support to ailing banks rises to Rp 140.80 trillion JAKARTA (JP): Bank Indonesia (BI) liquidity support to ailing banks under the supervision of the Indonesian Bank Restructuring Agency (IBRA) rose by Rp 5.26 trillion in the week ending Aug. 21.

Group says graft probe needs free commission

Group says graft probe needs free commission JAKARTA (JP): Economists and government critics are banding together to advocate establishment of an independent commission to probe bureaucratic corruption, including allegations which surfaced recently involving World Bank loans.

World Bank pans govt subsidy program

World Bank pans govt subsidy program JAKARTA (JP): The government's huge subsidy commitments are unsustainable and could lead to economic disaster if the policy is not revised, a senior World Bank official warned yesterday.

Child prostitutes in Central Java

Child prostitutes in Central Java PURBALINGGA, Central Java: Hundreds of child prostitutes are reportedly operating in Purwokerto, Cilacap and Purbalingga.Lt. Col. Robby Kaligis, chief of the Purbalingga police precinct, said here yesterday the local police had netted more than 20 child prostitutes...

PT Aneka Tambang to list shares on ASX

PT Aneka Tambang to list shares on ASX JAKARTA (JP): Publicly listed general mining company PT Aneka Tambang is to list its shares on the Australian Stock Exchange (ASX) to gain more access to international investors, the company announced yesterday.

Spotlight

SpotlightPhoto A: GamesCrowne PlazaPILLOW WAR: Crowne Plaza Jakarta's Communications Manager Chandrawati A. Hadisumarto (left) fights Director of Sales Intan T. Senduk in a pillow war to mark the start of traditional games held to celebrate the country's Independence Day.