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Found 17,070 articles

Indonesia may keep share of Timor Gap sales

Indonesia may keep share of Timor Gap salesBy Johannes Simbolon NUSA DUA, Bali (JP): Indonesia could retain a share of oil and gas revenue from the area between Timor Island and Australia, known as the Timor Gap, after East Timor's independence, an official said on Tuesday.

INRO upbeat Thailand may stay

INRO upbeat Thailand may stay KUALA LUMPUR (Reuters): The International Natural Rubber Organization (INRO) said on Tuesday it is optimistic Thailand would change its mind and stay in a price pact but was unsure about Malaysia.

Indonesia begs donor nations to reschedule US$6b debt

Indonesia begs donor nations to reschedule US$6b debt JAKARTA (JP): Indonesia has asked the Paris Club donor nations to reschedule some US$6 billion in sovereign debt due in 2000/2001 and 2001/2002 fiscal years, said Coordinating Minister for Economy, Finance and Industry Ginandjar Kartasasmita.

OPEC chief says oil output cut will remain

OPEC chief says oil output cut will remain NUSA DUA, Bali (JP): Secretary-general of the Organization of Petroleum Exporting Countries (OPEC) Rilwanu Lukman said on Tuesday the organization would maintain its current production cuts in an upcoming meeting in Vienna in order to keep oil prices high.

Indonesia hosts school tennis c'ship

Indonesia hosts school tennis c'ship JAKARTA (JP): Indonesia will host the 1999 Asian School Tennis Championship from Sept. 21 to Sept. 26 at the Senayan tennis complex.Six countries -- Malaysia, Sri Lanka, India, Pakistan, China and Bangladesh -- have registered to compete in the championship, to...

Jamsostek office robbed overnight

Jamsostek office robbed overnight JAKARTA (JP): A gang of seven people broke into on Tuesday the office of PT Jamsostek social security company, making off with two Kijang vans, a television set, a tape recorder, and a safety box containing Rp 4.

Belo flees as East Timor sinks deeper into violence

Belo flees as East Timor sinks deeper into violence JAKARTA (JP): Nobel colaureate Bishop Carlos Felipe Ximenes Belo arrived in Australia on Tuesday after being airlifted out of his strife-torn homeland under an assumed name.

Xanana Gusmao, East Timor's symbol of hope

Xanana Gusmao, East Timor's symbol of hope JAKARTA (AFP): East Timorese leader Jose Alexandre "Xanana" Gusmao walked to freedom here Tuesday with little but the bitter ashes of a dream awaiting him outside his jail house.

Petrosea's net profit down

Petrosea's net profit down JAKARTA (JP): Publicly listed engineering, construction and mining company PT Petrosea announced on Tuesday a significant decrease in net profits in the first half of the year due to the rise of the rupiah against the U.S. dollar.The company made a net profit of Rp 34.

KONI to intensify drug warnings

KONI to intensify drug warnings JAKARTA (JP): KONI will intensify the dissemination of information on drug testing rules, following an announcement that national Pencak silat martial art athlete Ni Made Wahyuni failed a drug test conducted by Brunei Darussalam, the 1999 Southeast Asian (SEA) Games...

E. Timorese athletes to wait for MPR rule

E. Timorese athletes to wait for MPR rule JAKARTA (JP): State Minister of Youth Affairs and Sports Agung Laksono said on Monday East Timorese athletes could choose between serving their country or moving to Indonesia if the People's Consultative Assembly (MPR) formalizes the separation.

Speak up, Mr. Muladi

Speak up, Mr. Muladi In recent weeks Minister of Justice Muladi has repeatedly teased the nation with news of tentative plans to announce a decision on the Soeharto corruption investigation: Will Soeharto be named an official suspect or will he not? Will the investigation go forward or be...

Prosecutor demands sentence for Istiqlal Grand Mosque bomber

Prosecutor demands sentence for Istiqlal Grand Mosque bomber JAKARTA (JP): A government prosecutor demanded on Monday that the Central Jakarta District Court sentence Surya Setiawan, the defendant in a bomb blast at the Istiqlal Grand Mosque in April.

Asia-Pacific turmoil shadows free-trade talks

Asia-Pacific turmoil shadows free-trade talks AUCKLAND (AFP): Asia-Pacific trading powers braced Monday for high-security free trade talks overshadowed by delicate China-US relations, crisis in East Timor and tension on the Korean Peninsula.

Merpati to fly to Jeddah, Taiwan and Hong Kong

Merpati to fly to Jeddah, Taiwan and Hong Kong JAKARTA (JP): State-owned air carrier Merpati Nusantara Airlines will expand its overseas services to Jeddah, Hong Kong and Taiwan this year, the airline's president, Wahyu Hidayat, announced on Monday.

Local retail market still promising: Expert

Local retail market still promising: Expert JAKARTA (JP): The retail market in Jakarta is expected to increase this year as consumer confidence has recovered with the strengthening of the rupiah to the greenback, according to property consultant Jones Lang LaSalle/PT Procon Indah.

Three injured in Central Maluku clashes

Three injured in Central Maluku clashes JAKARTA (JP): Communal clashes in Central Maluku on Monday left three injured and at least 12 houses set ablaze, Antara reported from Ambon.The unrest occurred from 11 a.m. to 3 p.m. in Salahutu district as a crowd from Tengah-Tengah village attacked Suli.

Inaction in East Timor

Inaction in East Timor Today in East Timor riots and violent acts committed by armed militia are simply allowed to take place by the police, who are actually responsible for security in the region. This reminds us of the May 1998 riot, also seemingly allowed to happen.

Minister urges withdrawal of state assets from East Timor

Minister urges withdrawal of state assets from East Timor JAKARTA (JP): Minister of Cooperatives and Small Enterprises Adi Sasono said Indonesia must immediately withdraw all of its assets from East Timor before the territory becomes an independent state.

Donna's open criticisms

Donna's open criticisms Whenever Donna Woodward makes a contribution to The Jakarta Post, it is always a surprise. The courage she shows as an expatriate and righteous person -- in this country always extremely vulnerable to threats from officials who feel their good (?) name to be (rightly)...

Passport demand soars in Bogor

Passport demand soars in Bogor BOGOR (JP): The number of passport applications here has increased significantly in the past two months, an immigration official said on Monday.A senior official at the Bogor immigration office, Yusron, believed the increase was probably due to the government's plan...

Asian markets end higher, JSX slips 4%

Asian markets end higher, JSX slips 4% HONG KONG (AP): Most Asian stock markets closed higher Monday on the back of last week's surge on Wall Street as fears eased about another rise in U.S. interest rates.

Prosecutor loses her cool in court

Prosecutor loses her cool in court JAKARTA (JP): A female prosecutor broke into tears following a heated quarrel with lawyers at the West Jakarta District Court on Monday.Prosecutor Rachmatiah cried when some of the 11 lawyers from the Legal Aid Post (Posbakum) at the district court barked at her...

Proposal for reconciliation

Proposal for reconciliation We welcome Golkar's proposal to immediately reach a national consensus. But the problem is not that simple because Golkar itself is seen to have its own troubles. On the other hand the Indonesian Democratic Party of Struggle (PDI Perjuangan) as the winner of the general...

KONI to arrange training program for 2001 SEAG

KONI to arrange training program for 2001 SEAG JAKARTA (JP): The National Sports Council (KONI) deputy chairman, Arie Sudewo, said that the council would arrange a proposal for a training program in the 2001 Southeast Asian (SEA) Games in December at the latest.

Bus crew workers put brakes on call for strike

Bus crew workers put brakes on call for strike JAKARTA (JP): Public transportation crews rejected on Monday a call for a mass strike aimed at pushing the city administration to agree to a hike in bus fares.

Emergency call for East Timor rejected

Emergency call for East Timor rejected JAKARTA (JP): A plenary Cabinet meeting turned down on Monday the proposal of Indonesian Military (TNI) chief Gen. Wiranto to declare a state of emergency in East Timor, Minister of Information Muhammad Yunus said.

Infrastructure aids Banten's residents and tourists

Infrastructure aids Banten's residents and tourists The Jakarta Post in cooperation with PT Banten West Java Tourism Development Corporation, will be presenting weekly issues over the next six months on the attractions and activities of the Banten region.

MI to restructure debts

MI to restructure debts JAKARTA (JP): Publicly listed PT Mulia Industrindo (MI) announced on Monday that it had the green light from the majority of its creditors to restructure the company's US$550 million debt.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on September 6, 1999: Buying Selling Rp Rp U.S. dollar 1 7,895.00 7,975.00Australian dollar 1 5,084.38 5,143.88Austrian schilling 1 606.91 613.64Belgian franc 1 207.02 209.32Brunei dollar 1 4,678.24 4,728.45Canadian dollar 1 5,293.68 5,349.

Police provide last sanctuary for Timorese

Police provide last sanctuary for Timorese DILI, East Timor (JP): Terrified residents and refugees in East Timor are now only under the protection of Indonesian police, as local and international red cross workers (ICRC) have been forced to vacate the province, along with most journalists and...

HK's First Pacific mulls RI expansion

HK's First Pacific mulls RI expansion HONG KONG (Dow Jones): First Pacific Co. said Monday that it is considering increasing its presence in the Indonesian mobile telecommunications market.The Hong Kong-based conglomerate already owns a 35 percent stake in Indonesian cellular operator PT Metro...

Several eye on worm breeding

Several eye on worm breeding JAKARTA (JP): An industrial district official and some operators of golf courses here are setting their eyes on breeding earthworms to handle their garbage disposal problems, a worm- breeding expert said on Monday.

GINSI calls for trade boycott

GINSI calls for trade boycott JAKARTA (JP): The Association of Indonesian Importers (GINSI) threatened on Monday to call for a boycott goods from Australia and New Zealand, two countries it singled out as meddling with Indonesia's domestic affairs over the East Timor affair.

Criticisms mount over Habibie's East Timor decision

Criticisms mount over Habibie's East Timor decision JAKARTA (JP): Criticism from politicians and political analysts continued to be leveled at President B.J. Habibie following the rejection by East Timorese of his offer of autonomy for the province and the subsequent full-blown conflict in the...

Government considers ban on hazing

Government considers ban on hazing JAKARTA (JP): Following reports of alleged abuse and an escalating number of fatalities, the government is now considering banning student initiation programs on university campuses, an official said on Monday.

Soeharto vs 'Time' to be heard on Sept. 9: Lawyer

Soeharto vs 'Time' to be heard on Sept. 9: Lawyer JAKARTA (JP): Central Jakarta District Court will start the hearing of former president Soeharto's libel suit against U.S.- based Time magazine at 9 a.m. on Sept. 9, lawyer Juan Felix Tampubolon said on Monday.

Rupiah breaches 8,000 against dollar

Rupiah breaches 8,000 against dollar JAKARTA (JP): The rupiah breached on Monday the 8,000 level against the U.S. dollar as international pressure increased over Indonesia's handling of the East Timor issue.

Indonesia warned to maintain security in East Timor

Indonesia warned to maintain security in East Timor JAKARTA (JP): International warnings against the inaction to quell violence in East Timor took a bolder tone on Monday as a United Nations envoy said Indonesia failed to maintain security in the territory, while Australian troops readied for...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 6, 1999: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 400 -25 10,000 AHAP Insurance 525 0 0 Alakasa Industrindo 275 0 0 Alter Abadi 250 0 5,000 Alumindo...

Marine turtles at the center of a heated debate

Marine turtles at the center of a heated debateBy I Nyoman Suryadiputra BOGOR, West Java (JP): Six of the world's seven species of marine turtle can be found in Indonesia: the leatherback turtle (Dermochelys coriacea), green turtle (Chelonia mydas), olive Ridley turtle (Lepidochelys olivacea),...

Antam profits down

Antam profits down JAKARTA (JP): State gold and nickel mining company PT Aneka Tambang (Antam) reported on Monday a sharp decline in its first half net income, due to the appreciation of the rupiah against the U.S. dollar, lower commodity prices and declining sales volumes.

China buys time to stave off devaluation

China buys time to stave off devaluationBy Bill Savadove SHANGHAI (Reuters): China has bought itself some time to hold off a currency devaluation with a new economic stimulus plan, but economists feel the real test will come next year.Beijing said last week it would issue 60 billion yuan (US$7.

Millennium bug risks seen in RI, India, China and Thailand

Millennium bug risks seen in RI, India, China and Thailand HONG KONG (Reuters): Warburg Dillon Read warned investors on Monday that Indonesia, India, China and Thailand were ill- prepared for the millennium bug, and said Hong Kong and Singapore were most ready in the region.

New $1.9b copper mine in NTT ready to roll

New $1.9b copper mine in NTT ready to roll JAKARTA (JP): A new $1.9 billion copper mining project in East Nusa Tenggara will begin production later this month, the operator, PT Newmont Nusa Tenggara, announced on Monday.

Anwar witness called 'unreliable'

Anwar witness called 'unreliable' KUALA LUMPUR (AFP): Lawyers for former Malaysian deputy premier Anwar Ibrahim on Monday urged the judge hearing his sodomy trial to reject what they called false evidence from a key witness.

Ten on the run after jailbreak

Ten on the run after jailbreak KENDARI, Southeast Sulawesi: Six of 16 prisoners who fled from Baubau Prison in Buton on Sunday were recaptured, an official said on Monday.The fleeing prisoners wounded five wardens, Antara reported.

House launches investigation into bank scandal

House launches investigation into bank scandal JAKARTA (JP): The House of Representatives launched on Monday a special investigation into the high-profile Bank Bali scandal.The investigation team is expected to have special power to check bank accounts of suspects in the scandal.

East Timor burning

East Timor burning The euphoria of the East Timorese people over their victory in the UN-run ballot of Aug. 30 lasted only a few hours. They soon not only found themselves harassed by the pro-Indonesia groups, but saw their region plunged into unimaginable bloodshed.

Council vows to cancel water management deal

Council vows to cancel water management deal JAKARTA (JP): The City Council on Monday promised to fight for the immediate termination of a water management deal between city-owned tap water firm PDAM Jaya and its two foreign partners.