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Found 17,759 articles

Rate ceiling for Sept. 21-27

Rate ceiling for Sept. 21-27 Time deposit Maximum rate Maximum rate rupiah deposit (%) U.S. dollar deposit (%)---------------------------------------------------------1-month 66 153-month 61 156-month 49 1512-month 48 1524-month 29 18 Maximum overnight rate for rupiah : 54 percentMaximum overnight...

Eight firms win Bulog's rice tender

Eight firms win Bulog's rice tender JAKARTA (JP): Eight companies have been awarded contracts by the State Logistics Agency (Bulog) to import a total of 526,000 tons of rice between now and December, the government announced on Friday.

Japan's MITI to visit RI

Japan's MITI to visit RI TOKYO (AFP): Japanese International Trade and Industry Minister Kaoru Yosano will visit Indonesia, Malaysia and Singapore next week, the trade ministry said Friday. Yosano would leave Sunday for the three-day tour, a ministry spokesman said.

Corrupt disposition a good breeding ground for anarchy

Corrupt disposition a good breeding ground for anarchyBy Donna K. Woodward JAKARTA (JP): Indonesia may seem ruptured by conflict just now, but the Indonesian people are unified in demanding reform. Reform is not a matter of rhetoric.

Corruption probe may spread to other officials

Corruption probe may spread to other officials JAKARTA (JP): Attorney General Andi Muhammad Ghalib said on Friday that his office could open an investigation of government officials after it looked into the wealth of former president Soeharto.

Anwar demands PM Mahathir's resignation

Anwar demands PM Mahathir's resignation KUALA TERENGGANU, Malaysia (Agencies): Ousted deputy premier Anwar Ibrahim called on Prime Minister Mahathir Mohamad on Friday to step down and said his wife would lead his reform movement if he were arrested."Mahathir should resign as prime minister.

Gusmiati Suid's company opens Art Summit

Gusmiati Suid's company opens Art Summit JAKARTA (JP): At one point, a alu (a rice pestle) is first used as a plaything and later, burned.At another point, water is poured over a woman dressed in a Minang outfit of West Sumatra. Drenched, the woman undresses.

Action against hoarding urged

Action against hoarding urged SEMARANG, Central Java: Dozens of local Chinese-Indonesian traders called on the Central Java administration to prosecute traders caught hoarding rice and other basic foodstuffs.

Missing persons' relatives set up association

Missing persons' relatives set up association JAKARTA (JP): The relatives of 14 missing persons, mostly activists, set up an association on Friday to provide each other with moral support and to campaign for the eradication of forced disappearances.

Indonesia set to win Davis Cup zone title

Indonesia set to win Davis Cup zone title JAKARTA (JP): The national men's tennis team will be seeking a victory in its Davis Cup Asia Oceania second play-off in China next week, not only to escape relegation but to keep alive its hopes of playing in the Bangkok Asian Games in December.

Donations go to provinces

Donations go to provinces JAKARTA (JP): The government is to use Rp 17.66 billion (US$1.6 million) and 250.30 kilogram of gold collected from the public earlier this year to fight poverty in the provinces.

Job seekers 'must be compensated'

Job seekers 'must be compensated' JAKARTA (JP): A lawyer and a city councilor urged the Ministry of Home Affairs or the city administration on Friday to pay compensation to hundreds of job seekers who were misled by a ministry positions vacant advertisement.

Ciledug traders reluctant to move to new market

Ciledug traders reluctant to move to new market JAKARTA (JP): Hundreds of traders whose kiosks in Ciledug market were burned during the May riots have refused to move to a new market built nearby due to the high price of the kiosks there."The kiosks cost Rp 34 million (US$3,090) each.

Classified ads that bring classified exhilaration

Classified ads that bring classified exhilarationBy Alex Abraham JAKARTA (JP): Much change has been wrought on human lifestyles by the vagaries of the economy. In the west they speak of the roaring sixties, the bubbly nineties. In the east they spoke of the Asian Miracle and the Pacific Century.

Status of cemetery plot questioned

Status of cemetery plot questioned JAKARTA (JP): A city councilor urged the administration on Friday to clarify the status of a 44-hectare plot of land originally designated to be part of Pondok Ranggon Cemetery in East Jakarta.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Javan Hawk-Eagle Exhibition, at The Hall of Japan Cultural Foundation, Summitmas I, Jl. Jend. Sudirman Kav. 61-62 South Jakarta (Phone: 5201266), 10 a.m. to 9 p.m., Sept. 19, 9 a.m. to 5 p.m., Sept. 20.

Habibie's urgent tasks

Habibie's urgent tasks In times of crisis such as now, the government must move with both firmness and speed. There is no other option for the Habibie government but to finish at least two urgent tasks. First, it must stick to the reform agenda already agreed upon.

SIA sets 'Bali Spectacular'

SIA sets 'Bali Spectacular' JAKARTA (JP): Singapore Airlines (SIA) has launched its "Bali Spectacular" program to attract more tourists to the popular tourist destination.The airline announced on Friday that it would invest a total of S$500,000 in its Bali program, which was initially promoted in...

Plan to allow trawlers in local waters delayed

Plan to allow trawlers in local waters delayed JAKARTA (JP): The government has delayed its plan to lift a ban on the operation of trawlers fishing in the country's territorial waters due to resistance from traditional fishermen, a senior official at the Ministry of Agriculture said on Friday.

Freeport's social commitment

Freeport's social commitment I am writing in response to Mr. Dan Adams' uninformed and outrageous attack on Freeport Indonesia in his letter to The Jakarta Post on Wednesday, Sept. 16.Please, Mr. Adams, show us the facts behind your statement that "the main causes of famine in Irian Jaya is the...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept.18, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 325 0 0 AHAP Insurance 400 0 0 Alter Abadi 175 -25 5,000 Alumindo Light Metal 225 0 62,000 Alumindo...

Indonesia to sign UN Ocean Charter

Indonesia to sign UN Ocean Charter JAKARTA (JP): Indonesia is to sign the United Nation's Ocean Charter and commit itself to protecting the seas and using the maritime resources at its disposal in a sustainable way.President B.J.

Public transport owners warn of bus crew strikes

Public transport owners warn of bus crew strikes JAKARTA (JP): The Jakarta chapter of the Organization of Land Transportation Owners (Organda DKI) urged the central government on Friday to subsidize spare parts for public transportation operators.

Ex-Bantul regent set to face court martial

Ex-Bantul regent set to face court martial YOGYAKARTA (JP): The former regent of Bantul, a colonel implicated in the murder of a journalist, is soon to face a court martial in Jakarta.The commander of the Military Police here, Lt. Col.

Masseur nabbed for selling marijuana

Masseur nabbed for selling marijuana JAKARTA (JP): Central Jakarta police on Thursday morning arrested a 22-year-old masseur red-handed for selling 3.5 kilograms of dried marijuana to an undercover detective.

Thousands suffering from tuberculosis

Thousands suffering from tuberculosis TULUNGAGUNG, East Java: More than 2,000 residents here have tested positive for tuberculosis (TB), but only a few have had the awareness to seek treatment, Antara reported.

Safety net project

Safety net project We would like to thank The Jakarta Post for its report on Sept. 14 which mentioned the social safety net programs implemented by our organization, World Vision International- Indonesia.Through this letter, we would like to provide more information to readers about the programs.

Stocks tumble almost 5% to a six year low

Stocks tumble almost 5% to a six year low JAKARTA (JP): Share prices on the Jakarta Stock Exchange plunged further yesterday with the main price gauge falling to a six-year low.But the rupiah remained stable at the 11,000 level despite the share price plunge.

Illegal immigrants face investigation

Illegal immigrants face investigation JAMBI, Jambi: The provincial justice office has started investigating 300 residents of Indian and Arab descent who have allegedly yet to obtain Indonesian nationality, despite having stayed here for decades, Antara reported.

Two stabbed in separate incidents

Two stabbed in separate incidents JAKARTA (JP): Two men were stabbed to death in separate incidents on Thursday night and Friday morning.The first victim, Sugianto, 23, an ojek (motorcycle taxi) driver, was killed by two unidentified men on Jl. Kemuning, South Jakarta.

Conversion Rates

Conversion Rates JAKARTA (JP): Bank Bali's bank notes conversion rates on Sept. 18, 1998: Buying Selling Rp Rp U.S. dollar 1 10,925 11,275Australian dollar 1 6,300 6,750Brunei dollar 1 6,500 7,000Swiss franc 1 7,550 8,150Deutschemark 1 6,150 6,700French franc 1 1,725 2,045Poundsterling 1 16,700...

Help the poor to solve crisis

Help the poor to solve crisis As a foreigner I would not dare to urge the Indonesian middle and upper class to help the poor in overcoming the effects of the current economic crisis.I rather feel encouraged to address an appeal to those expatriates living in Indonesia who dispose of quite a notable...

KL defends move on Singapore jet clearances

KL defends move on Singapore jet clearances KUALA LUMPUR (Agencies): Malaysia defended on Friday its move to end blanket clearance for Singapore military aircraft to enter its air space giving only 24 hours notice of the move.

SE Asian currencies flat as volatility dies

SE Asian currencies flat as volatility dies SINGAPORE (Dow Jones): Southeast Asian currencies finished Asian trading on Friday largely flat against the U.S. dollar at the end of a week notable mainly for an unaccustomed lack of volatility in regional foreign exchange markets at a time when markets...

Local firms to get better chance in oil industry

Local firms to get better chance in oil industry JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto said on Friday his office would give local companies a better chance to develop the country's oil and gas reserves.

ASEAN rice reserves may not go to Indonesia

ASEAN rice reserves may not go to Indonesia HANOI (DPA): Emergency rice reserves held by the Association of Southeast Asian Nations (ASEAN) are to be used only as a last resort and cannot be counted on to alleviate near-starvation conditions in Indonesia, an ASEAN official in Vietnam said Friday.

SEA Games consortium agrees debt repayment

SEA Games consortium agrees debt repayment JAKARTA (JP): The 19th Southeast Asian (SEA) Games underwriting consortium will pay its debts over the next two years, starting next month, State Minister of Youth Affairs and Sports Agung Laksono said on Friday.

RI forex control unlikely

RI forex control unlikely NEW YORK (Dow Jones): Standard & Poor's does not expect Indonesia to move in the immediate future to impose capital controls, the global ratings service announced Thursday.Market speculation about a move by Indonesia surfaced this week following Malaysia's imposition of...

Art summit schedule of performances

Art summit schedule of performances Sept. 19-20: Dance, Api Dalam Sekam (Fire in the Chaffs), Gusmiati Suid (Indonesia), Taman Ismail Marzuki (TIM), Jl. Cikini Raya 73, Central Jakarta (Phone: 3154087).Sept. 21-22: Music, Alvin Lucier (USA), Gedung Kesenian Jakarta (GKJ), Jl. Pos No.

Herbalife expands into RI

Herbalife expands into RI PITTSBURGH (Dow Jones): Herbalife International Inc (HERBA) formed a unit to offer its products in Indonesia, bringing to 38 the number of countries in which Herbalife products are available.

Kuntoro calls on gas industry to be more competitive

Kuntoro calls on gas industry to be more competitive JAKARTA (JP): Minister of Mines and Energy Kuntoro Mangkusubroto said on Friday the country's natural gas industry needed to review its marketing strategy to address growing competition in the regional market.

Legacy of Ken Arok lives on

Legacy of Ken Arok lives onBy Aboeprijadi Santoso AMSTERDAM (JP): President B.J. Habibie should be applauded for condemning the May riots and offering an apology in July and in his State of the Nation address in August.

Balaraja boy killed in gas fire

Balaraja boy killed in gas fire JAKARTA (JP): A three-year-old boy was killed when a fire destroyed a house also used as a gasoline stand on Jl. Cagak, Balaraja, Tangerang on Friday.The body of the victim, Jeliande, was taken to the Cipto Mangunkusumo General Hospital morgue, while his parents,...

Cemex close to clinching PT Semen Gresik deal

Cemex close to clinching PT Semen Gresik deal JAKARTA (JP): Mexico's Cemex S.A. de C.V. is set to take a 14 percent stake in state-owned cement manufacturer PT Semen Gresik if no other bidder tops its offer by Sept. 28, according to a senior government official.

Seized drugs incinerated

Seized drugs incinerated JAKARTA (JP): East Jakarta Prosecutor's Office has destroyed 66.6 kilograms of dried marijuana, 26.3 grams of heroin, 1,982 Ecstasy pills and 15,411 Nipam pills.The drugs, collected as evidence in cases dating as far back as January 1996, were incinerated in the office...

Traditional production of cooking oil revived

Traditional production of cooking oil revivedBy Agus Maryono and Ngudi Utomo PURWOKERTO, Central Java (JP): Many people have shed tears during the current economic turmoil as they can no longer afford to buy staple foods and other basic needs.

Manila flooded by 3 days of rain

Manila flooded by 3 days of rain MANILA (AFP): At least 15 percent of Metropolitan Manila was flooded on Friday after almost three days of continuous monsoon rains, the National Disaster Coordinating Council said.

RI could have easily avoided crisis, says Lee

RI could have easily avoided crisis, says Lee SINGAPORE (Dow Jones): Singapore Senior Minister Lee Kuan Yew said Thursday that Indonesia could have easily avoided disastrous domestic consequences if former President Soeharto had listened to the market.

Old coins found

Old coins found BANDA ACEH, Aceh: A woman has stumbled on 30 Spanish and Dutch coins dated between 1812 and 1824 while digging up soil in her garden in Pulau Aceh district, Aceh Besar regency, Antara reported on Thursday.

Sinar Mas already paid 40% of May riot victims' claims

Sinar Mas already paid 40% of May riot victims' claims JAKARTA (JP): Insurance firm PT Asuransi Sinar Mas announced on Thursday it had paid 40 percent of the Rp 92.65 billion (US$8.3 million) it received in claims from owners of properties and motor vehicles damaged during the May riots.