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Found 17,070 articles

Garuda upbeat over debt talks with creditors

Garuda upbeat over debt talks with creditors JAKARTA (JP): National flag carrier Garuda Indonesia said on Thursday its debt restructuring proposal was received positively by its foreign creditors.The airline's vice president for corporate communications, Pujobroto, said results from the first...

BPKP preparing bill to ensure audit independency

BPKP preparing bill to ensure audit independency JAKARTA (JP): The Development Finance Comptroller (BPKP) is preparing a draft law to ensure greater independency in its audit work over state-owned enterprises and government budgetary spending, the agency's senior executive said on Thursday.

Foreign exchange reserves fall to $15.95 billion

Foreign exchange reserves fall to $15.95 billion JAKARTA (JP): The country's net foreign exchange reserves fell US$55.1 million to $15.95 billion as of Aug. 23, according to Bank Indonesia's latest weekly report.

Rupiah down after highly volatile session

Rupiah down after highly volatile session HONG KONG (Dow Jones): The rupiah ended Asian hours weaker on Thursday after a highly volatile session, which saw the Indonesian currency swing by over 5 percent in value during the day.Asia's other regional currencies remained tightly range-bound.

Sound body, sound mind

Sound body, sound mind I refer to the editorial Rout in Brunei (The Jakarta Post, Aug. 14, 1999) in which it is stated that we have all been taught that sports and fitness are important aspects of life and that a sound body ensures a sound mind.

Initiation program should continue, say academics

Initiation program should continue, say academics JAKARTA (JP): Despite mounting protests against the university initiation ceremonies that often end in tragedy, academics in Jakarta said on Thursday the ceremonies were necessary for incoming freshmen.

Judge asked to free mentally ill defendant

Judge asked to free mentally ill defendant JAKARTA (JP): A lawyer has suggested the Central Jakarta District Court free defendant Anwar Budiman, 25, from all charges of possessing and selling 3.87 kilograms of dried marijuana.

Student's death during hazing raises questions

Student's death during hazing raises questions JAKARTA (JP): A forensic expert said on Wednesday he suspected violence was involved in the death of a freshman during hazing at his university on Tuesday.

Recovery talks in S'pore

Recovery talks in S'pore SINGAPORE (AFP): Senior finance officials from 14 Asia-Pacific nations will meet here this weekend to discuss ways of managing Asia's recovery from financial crisis.The two-day meeting beginning Sunday is the fifth since a framework was set up in Manila in November 1997 to...

Judiciary must decide on Soeharto: ICW

Judiciary must decide on Soeharto: ICW JAKARTA (JP): A prominent corruption watchdog questioned President B.J. Habibie's plan to declare the legal status of former president Soeharto, under investigation for alleged corruption, saying the authority belongs to the judiciary rather than to the head...

'Supreme Court states Aster Dharma bankrupt'

'Supreme Court states Aster Dharma bankrupt' JAKARTA (JP): The Supreme Court has declared PT Aster Dharma Industri bankrupt, overruling the decision on the listed company made by the Jakarta Commercial Court in June, a source said.

Government urged to bypass KONI, fund sports bodies directly

Government urged to bypass KONI, fund sports bodies directly JAKARTA (JP): A sports observer is urging the government to funnel its funds for sports development from the National Development and Planning Board (Bappenas) directly to sports organizations, bypassing the National Sports Council (KONI).

IMF pleased with Indonesia's recovery

IMF pleased with Indonesia's recovery JAKARTA (JP): The International Monetary Fund (IMF) Asia Pacific director, Hubert Neiss, said on Wednesday that Indonesia had made considerable progress in economic recovery, but warned that a consistent implementation of the economic reform program was a must...

Lost in space

Lost in space Having lost my mobile phone last week, my first time mind you, I promptly went out to buy a new one legitimately. To my surprise, and rising disgust, there appeared to be only a handful of satellite numbers available, and at usury prices.

Conversion Rates

Conversion Rates Bank Bali's conversion rates on Aug. 25, 1999: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,540.00 7,640.00 7,540.00 7,670.00Australian dollar 1 4,758.05 4,858.85 4,733.00 4,883.00Austrian schilling 1 574.21 586.61 - -Belgian franc 1 195.

Protests mark swearing in of councilors

Protests mark swearing in of councilors JAKARTA (JP): Amid the unceremonious din of demonstrations by several groups calling for some of them to resign, the new lineup of Jakarta councilors was sworn in at the City Council in Central Jakarta on Wednesday.

Embassy regulations

Embassy regulations Many Indonesians have complained about the visa rules applied by the Australian and U.S. embassies. They have all voiced the same grievance: the nonrefundable visa fee, charged whether or not the visa is granted.

Military 'must be neutral' in presidency

Military 'must be neutral' in presidency JAKARTA (JP): Half of 997 respondents in Jakarta, Surabaya, and Medan said the Indonesian Military (TNI) should remain neutral in the presidential elections, while many expected TNI to take over power in case of a deadlock in the election, a survey revealed.

Three athletes get awards

Three athletes get awards JAKARTA (JP): National athletes Irene Joseph, Nunung Jayadi and Posnianus Kahol received awards from The Athlete's Foot on Wednesday for their record breaking achievements at this month's 20th South East Asian (SEA) Games in Brunei Darussalam.

Mahathir, habibie meet on immigrants

Mahathir, habibie meet on immigrants KUALA LUMPUR (Reuters): The leaders of Malaysia and Indonesia on Wednesday held face-to-face talks overshadowed by a bank scandal that has cast doubt over Indonesian President B.J. Habibie's bid for a second term.

Antimonopoly commission to be formed in October

Antimonopoly commission to be formed in October JAKARTA (JP): An independent supervisory commission which will oversee the implementation of the newly introduced antimonopoly law will be formed before the change in the current government, a senior official said here on Wednesday.

Asian currencies end mixed

Asian currencies end mixed HONG KONG (Dow Jones): A day of directionless trading left Asian currencies mixed at the end of local trading hours Wednesday.Long anticipated, Tuesday's 25-basis-point increase in U.S. interest rates had little impact on regional markets.

Street brawls getting worse

Street brawls getting worseFrom Moneter IndonesiaStreet brawls among high school students are an everyday sight in Jakarta. The situation has become more serious because sharp weapons are now used, which have resulted in deaths.

More donations for needy

More donations for needy JAKARTA: The Indonesian National Council on Social Welfare (DNIKS) received two separate donations for the country's needy people.The first donation to the council was milk from Friesche Vlag Nederland, which consisted of more than 80,000 cans or more than 36 tons of milk.

Asia makes headway in banking revamp

Asia makes headway in banking revampBy P. Parameswaran SINGAPORE (AFP): Crisis-hit Asian economies embracing reforms to their battered financial sectors have made much headway in restructuring banks but are lagging in the key area of corporate governance, experts say.

East Timor's fate in its own hands

East Timor's fate in its own handsBy Desi Anwar JAKARTA (JP): From the outset, global politics played a major part in the creation of the East Timor problem. Back in 1975, when the Cold War was the order of the day and international communism the specter that haunted the free world, it was easy to...

RI to hold tourism fair

RI to hold tourism fair JAKARTA (JP): The Indonesian Tourism Promotion Board in cooperation with the country's tourist industry will hold the annual Pasar Wisata Indonesia Tourism Mart & Expo 1999, in Jakarta next month to attract tourists back to Indonesia.

Woman presidential candidate

Woman presidential candidateFrom Rakyat MerdekaWhile people continuously debate about the possibility of electing a woman as the fourth president in Indonesia, Elizabeth Dole is in the running as the first woman presidential candidate in the United States of America.

Not much taste of Thailand at Chinese restaurant

Not much taste of Thailand at Chinese restaurant JAKARTA (JP): Recently I was handed a fax telling me about a restaurant's new Thai food promotion. So the next time I had a night off, I collected two expert friends of mine -- one of them has traveled extensively in Thailand, and the other is an...

Tons of potatoes turn black

Tons of potatoes turn black BANJARNEGARA, Central Java: Crops from half of 5,000 hectares of potato fields were destroyed here, blamed on "toxic substances from dew."Regent Nurachmad said the temperature in the Dieng mountainous area often got as low as zero degrees Celsius and it was at this...

Military ready for 'civil war' in East Timor

Military ready for 'civil war' in East TimorBy Ridwan Max Sijabat DILI, East Timor (JP): Responding to concerns over a possible bloodbath following the Aug. 30 self-determination vote, the Indonesian Military says it has prepared two strategic scenarios to cope with the worst.Col.

New mart woos shoppers to city center

New mart woos shoppers to city center JAKARTA (JP): Customers have begun to flock to the second outlet of the French supermarket chain Carrefour, which recently opened in the Duta Merlin shopping complex in Central Jakarta.

Bus owners protest delay in fares hike

Bus owners protest delay in fares hike JAKARTA (JP): The Association of Public Land Transportation Owners (Organda) said it would mobilize its drivers for a street demonstration if the city's administration failed to promptly decide on a hike in bus fares.

East Timor: Vote now, get ready to die later?

East Timor: Vote now, get ready to die later?By Gwynne Dyer LONDON (JP): It worked for Estonia, Latvia and Lithuania in 1991; it seems to be working for East Timor now; and it could even work for Tibet in the future.

Five RI singles reach second round of Singapore Open

Five RI singles reach second round of Singapore Open JAKARTA (Agencies): All five Indonesian men's singles shuttlers cruised into the second round of the US$150,000 Konica Cup Singapore Open on Wednesday.

Glass carving business blossoms in Sukoharjo

Glass carving business blossoms in SukoharjoBy Singgir Kartana SUKOHARJO, Central Java (JP): One cannot entirely depend on one's intellect to be successful; creativity and persistence are also necessary ingredients. For Bambang Rudjito, this principle is very much true.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 25, 1999: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 475 0 0 AHAP Insurance 525 0 0 Alakasa Industrindo 275 -25 8,500 Alter Abadi 275 0 0 Alumindo Light...

Baby food coupons suggested for JPS

Baby food coupons suggested for JPS BOGOR (JP): The rector of the Bogor Agriculture Institute, Aman Wirakartakusumah, suggested on Tuesday that a coupon system be implemented to distribute food to infants of low income families.

Where to go in Surabaya:

Where to go in Surabaya:Exhibition * Photo Exhibition: by Michel Semeniako (French), at CCF - French Cultural Center, Jl. Darmokali 10 (Phone: 031 5678639), 9 a.m. to 8 p.m., until Aug. 31.Seminar * Works of French artist Michel Semeniako, at Petra Christian University, Jl.

The riddle of Gus Dur

The riddle of Gus Dur Abdurrahman Wahid, better known as Gus Dur, never stops presenting us with riddles on his political stance. Now he has revived the issue of the "axis force" (poros tengah), which was already on the wane as a subject of public discourse.

Mining directory launched

Mining directory launched JAKARTA (JP): Publishing company Gold Group Asia/Pacific Ltd and partners have published a directory on the country's mineral exploration and mining companies.PT Citra Buana Masindo, one of Gold Group's partners in publishing the Indonesian Minerals Exploration and Mining...

Vietnam's rice prices may fall further

Vietnam's rice prices may fall further SINGAPORE (Dow Jones): The continued absence of Indonesian private traders from Vietnam's rice market is likely to further depress Vietnamese rice prices in the next few weeks, rice traders and industry sources said this week.

Death row convicts await their end

Death row convicts await their end JAKARTA (JP): Sixteen convicts, including six foreigners as well, are scheduled to be executed in the near future after being convicted with premeditated murder or the production and trafficking of drugs, said a senior legal official on Wednesday.

New telecoms law passed by House bars monopoly

New telecoms law passed by House bars monopoly JAKARTA (JP): The House of Representatives unanimously passed a telecommunications law on Wednesday eliminating all monopolistic practices in the country's telecommunications sector.

Schlumberger to stay in Indonesia despite business setback

Schlumberger to stay in Indonesia despite business setback JAKARTA (JP): PT Schlumberger Production Services Nusantara, an international oil field services company with US$160 million invested in Indonesia, reaffirmed its commitment to the country despite a plunge in its revenue.

The bumpy road to democracy

The bumpy road to democracy Almost three months since the June 7 general election -- which many observers still refer to as a landmark for the country after more than three decades of authoritarian rule -- the electoral process of putting together a democratic and representative national...

Indonesia head of the class at schools swimming c'ship

Indonesia head of the class at schools swimming c'ship JAKARTA (JP): Young Indonesian swimmer Hendrik Eko AP sealed his team's domination of the fourth ASEAN Schools Swimming Championships by winning the boy's 50m freestyle on its final day on Wednesday.

Golkar gives Habibie 'conditional' support

Golkar gives Habibie 'conditional' support JAKARTA (JP): Golkar chairman Akbar Tandjung said on Wednesday the ruling party would continue its support for B.J. Habibie's presidential nomination if the People's Consultative Assembly accepted his account of his leadership for the past year.

BAT Indonesia provides loans to tobacco farmers

BAT Indonesia provides loans to tobacco farmers JAKARTA (JP): Publicly listed cigarettemaker PT British American Tobacco (BAT) Indonesia expects to provide a total of Rp 1.9 billion (about US$253,000) in loans to tobacco farmers in Lombok, West Nusa Tenggara.

New councilors sworn in, PDI-P holds majority

New councilors sworn in, PDI-P holds majority JAKARTA (JP): The city on Wednesday witnessed the swearing in of the new 84 councilors, who -- according to the written laws -- would work on behalf of the estimated 10 million Jakartans.