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Found 17,570 articles

Kwik vows to continue fight against 'black' conglomerates

Kwik vows to continue fight against 'black' conglomerates JAKARTA (JP): Former chief economics minister Kwik Kian Gie vowed on Monday to continue the battle against "black" conglomerates.Kwik said he would return to the House of Representatives (DPR) as a member of the Indonesian Democratic Party...

Shelters being built for Maluku refugees

Shelters being built for Maluku refugees AMBON, Maluku (JP): The province is currently sheltering some 280,000 refugees who have fled the 19-months of violence in the area."This massive amount of refugees needs immediate care and we are hoping to help them go back to their own villages instead of...

C. Java to build F1 circuit

C. Java to build F1 circuit SEMARANG (JP): After Bali, Central Java has become the second Indonesian province to bid to host a Formula One world championship race.Head of the Central Java Tourism Office Henky Hermantoro told reporters on Monday that the construction of an international circuit...

All the President's money

All the President's moneyBy Donna K. Woodward MEDAN, North Sumatra: Serious ethical questions have arisen about President Abdurrahman Wahid's ideas on fund raising, as illustrated by the Bulog scandal and Bruneigate.

Rizal promises a quick decision-making process

Rizal promises a quick decision-making process JAKARTA (JP): Coordinating Minister for Economic Affairs Rizal Ramli vowed on Monday to adopt procedures to facilitate efficient decision making in a bid to accelerate the country's economic recovery.

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Aug. 28, 2000: Bank notes rates TT rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,725.00 8,725.00 8,184.00 8,266.00Australian dollar 1 4,429.52 5,007.28 4,692.71 4,743.86Austrian schilling 1 507.22 573.20 537.36 543.

Susilo vows to comply with July 27 inquiry

Susilo vows to comply with July 27 inquiry JAKARTA (JP): One of the senior military officers to be questioned in connection with the July 27, 1996, attack on the Indonesian Democratic Party (PDI) headquarters, Lt. Gen.

C. Java noodle makers use toxic bleaching substances

C. Java noodle makers use toxic bleaching substancesBy Prabandari KLATEN, Central Java (JP): Manjung village, about 30 kilometers east of Yogyakarta, has long been famous as a producer of high quality white noodles, locally called soun.

Low military morale behind clashes in regions: Megawati

Low military morale behind clashes in regions: Megawati JAKARTA (JP): Vice President Megawati Soekarnoputri said on Monday the roots of sectarian clashes in the outlying provinces were not religious or ethnic differences, but the ongoing economic crisis and the low morale of security forces.

KPR housing loan

KPR housing loan I have a KPR home loan from one of the liquidated banks. Until July 2000, I always paid my KPR installments to the Indonesian Bank Restructuring Agency (IBRA) either through Bank Dagang Negara, in the early days of liquidation, and later through Bank Central Asia.

Chinese dance troupe toasts joys of spring

Chinese dance troupe toasts joys of springBy Mehru Jaffer JAKARTA (JP): Nine nymphs from the Chinese province of Heilongjiang celebrated the joys of springtime with much song and dance last weekend here in Jakarta.

Do Wahid's wiles serve Indonesia?

Do Wahid's wiles serve Indonesia? The Indonesian president has a reputation for being an astute political strategist.But after last week's cabinet reshuffle in which he cut the number of ministers from 35 to 26 and installed mainly only those who are loyal to him, critics within Indonesia and...

Asian currencies mostly up late on rupiah, yen gains

Asian currencies mostly up late on rupiah, yen gains SINGAPORE (Dow Jones): The Japanese yen's vigor and the Indonesian rupiah's rebound lifted most Asian currencies late Monday, dealers said.The market's relief over the smooth inauguration of Indonesia's new cabinet during the weekend was,...

Sierad Group to submit merger plan to Bapepam

Sierad Group to submit merger plan to Bapepam JAKARTA (JP): Sierad Group would submit a merger plan for its publicly listed subsidiaries PT Anwar Sierad and PT Sierad Produce to the Capital Market Supervisory Agency (Bapepam) next month as part of the group's debt restructuring deal.

Malaysia's economic policy questioned

Malaysia's economic policy questionedBy Sabyasachi Mitra KUALA LUMPUR (Reuters): Malaysia's short-term growth prospects are glowing now, but some analysts worry it may lag behind competing Asian economies in the long term unless it pursues deeper, more painful microeconomic reforms.

UI students boycott classes over extra fee

UI students boycott classes over extra fee JAKARTA (JP): Thousands of students from the University of Indonesia (UI) marked the first school day after a 10-week holiday with a class boycott on Monday, following the university's refusal to meet their demands to call off a policy on an extra school...

An ax-wielding robber shot dead

An ax-wielding robber shot dead JAKARTA (JP): Police shot dead on Monday a member of an ax- wielding gang, who preyed on motorists for their valuables, on Jl. Jembatan Batu, Pinangsia subdistrict in West Jakarta, an officer said.City Police spokesman Supt. Muhammad Nur H.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 28, 2000: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 650 0 4,000 Adindo Foresta Indonesia 280 -15 762,500 Alakasa Industrindo 815 0 0 Alfa Retailindo 885 5...

JSX withdraws threat to PT Semen Cibinong

JSX withdraws threat to PT Semen Cibinong JAKARTA (JP): The Jakarta Stock Exchange (JSX) withdrew on Monday its threat to suspend cement producer PT Semen Cibinong from trading, after the company submitted explanations on the whereabouts of the missing US$250 million in deposits.

Report on Gus Dur 'character assassination'

Report on Gus Dur 'character assassination' JAKARTA (JP): Friends and relatives of President Abdurrahman "Gus Dur" Wahid shrugged off reports that he had an extramarital affair with a housewife five years ago, saying it was a cheap smear campaign to debunk the President.

Orangutan seller busted at hotel

Orangutan seller busted at hotel JAKARTA (JP): City police detectives arrested on Monday evening bird seller Wiyadi in a parking lot at Hotel Sheraton Bandara in Tangerang for selling a protected animal -- orangutan (Pongo Pygmaeus), an officer said on Monday.

Two dead in Aceh shooting

Two dead in Aceh shooting BANDA ACEH, Aceh: Two refugees were killed and at least six others, including two policemen, injured when security forces and alleged rebels exchanged fire at a refugee camp in Jabo Dalem, Pintu Rimba village, Trumon, South Aceh.

Government eyes efficiency in sports development

Government eyes efficiency in sports development JAKARTA (JP): President Abdurrahman Wahid defended on Monday the dissolution of the office of the state minister of sports and youth affairs, noting the government was seeking efficiency in sports development.

Pulp producers deny charge on illegal logging

Pulp producers deny charge on illegal logging JAKARTA (JP): Pulp and paper producers denied on Monday accusations that they have encouraged illegal logging practices in the country.Chairman of the Association of Indonesian Pulp and Paper Producers (APKI) Muhammad Mansur said that the charge was...

Age doesn't affect my form, Singh says

Age doesn't affect my form, Singh says JAKARTA (JP): Age does not matter in sports achievement, as 38-year-old shot-putter Shakti Singh of India proved with a new meet record-breaking win on the opening day of the Asian Track and Field Championships on Monday."Well, I feel I'm still very young.

One man killed in PDI-P clamor

One man killed in PDI-P clamor DENPASAR, Bali: One person was killed and five others were injured on Monday when hundreds of Indonesian Democratic Party of Struggle (PDI-P) supporters ran amok to disrupt the planned swearing-in ceremony of the new Jembrana regent.

Indonesia, Iraq lead Independence Cup first day

Indonesia, Iraq lead Independence Cup first day JAKARTA (JP): Indonesia and Iraq got off to a flying start in the Independence Cup soccer tournament at the Senayan Stadium here on Monday with a convincing win each.

Djoko freed from all charges

Djoko freed from all charges JAKARTA (JP): South Jakarta District Court on Monday exonerated chief defendant Djoko S. Tjandra of all charges in the Rp 546 billion (US$64.2 million) Bank Bali scandal on a legal technicality and the prosecutor's failure to back his arguments up with testimony by...

A fair trial for Soeharto

A fair trial for Soeharto In just a few days time, barring unforeseen developments, the trial of former president Soeharto over charges of corruption is slated to begin. Officials have been hard at work over the past few days to make sure that everything will be in place for what will certainly be...

Soeharto trial may end up as a show of compromise

Soeharto trial may end up as a show of compromise Amid plans to start the trial of former president Soeharto on charges of corruption, justice may remain elusive, warns Kusnanto Anggoro, a senior researcher at the Centre for Strategic and International Studies, and a lecturer in the postgraduate...

ASEAN raises its currency swap deal to US$1 billion

ASEAN raises its currency swap deal to US$1 billion KUALA LUMPUR (Reuters): Southeast Asian nations have agreed to increase a two-tier currency swap scheme supporting economies facing balance of payments problems to US$1 billion from $200 million, central bank officials said on Monday.

President's journey disrupted by 'rapist'

President's journey disrupted by 'rapist' JAKARTA (JP): President Abdurrahman Wahid's motorcade was disrupted on Monday by the arrest of Nano bin Sumarno, who allegedly attempted to rape a woman in a police post on Jl. Sudirman in South Jakarta.The arrest occurred on Jl.

Supriati wins RI first gold, India's Singh makes new record

Supriati wins RI first gold, India's Singh makes new record JAKARTA (JP): Indonesian women's long-distance runner Supriati Sutono presented the first gold medal ever to the host country in the Asian Track and Field Championships on Monday.

Indofood reports lower income

Indofood reports lower income JAKARTA (JP): Local noodle giant PT Indofood Sukses Makmur reported on Monday its consolidated net profit dropped 65 percent to Rp 286.5 billion (US$35.8 million) in the first semester this year from Rp 819.3 billion in the same period last year.

New subscription cost

New subscription cost I am surprised to find out that The Jakarta Post has increased its monthly subscription price from Rp 33,000 in June 2000 to 45,000 in July 2000 without any notice to its customers. The increase is quite high, Rp 12,000, or about 36 percent from the previous price.

German companies urged to use S'pore as springboard for Asia

German companies urged to use S'pore as springboard for Asia SINGAPORE (DPA): German companies venturing into the Asian market for the first time were urged on Monday to tap Singapore's position as a springboard for foreign ventures seeking to do business in the region.

Tanjung Priok Port strike ends, situation returns to normal

Tanjung Priok Port strike ends, situation returns to normal JAKARTA (JP): Activities at the Tanjung Priok harbor in North Jakarta have returned to normal since Saturday after an agreement was reached between the management of the terminal and workers.

Four firms to issue timber ecolabeling

Four firms to issue timber ecolabeling JAKARTA (JP): Four standard certification service companies won the right to issue ecolabeling for timber companies on Monday from the Indonesian Ecolabeling Foundation (LEI).

Anwar expects RI economy to grow by 4 to 5% in 2001

Anwar expects RI economy to grow by 4 to 5% in 2001 KUALA LUMPUR (Reuters): Indonesia's acting central bank governor expects the economy to expand by 4 to 5 percent in 2001, lower than the 6 to 7 percent growth rate projected by the new chief economics minister.

Rerouted traffic in Kota

Rerouted traffic in Kota JAKARTA (JP): In an attempt to reduce traffic jams in the downtown Kota area of West Jakarta, the City Traffic and Land Transportation Agency will change the traffic arrangements at the intersection near Kota railway station in early September, an official said on Monday.

Rates for tax payment, valid from Aug. 28 to Sept. 3

Rates for tax payment, valid from Aug. 28 to Sept. 3 U.S. dollar 1 Rp 8,125.00Austrian schilling 1 529.59Australian dollar 1 4,639.38Belgian franc 1 180.65Canadian dollar 1 5,464.02Swiss franc 1 4,673.03Deutschemark 1 3,727.58Danish krone 1 974.35French franc 1 1,110.94Poundsterling 1 12,024.

Susilo: Govt to pay special attention to Soeharto's trial

Susilo: Govt to pay special attention to Soeharto's trial JAKARTA (JP): Coordinating Minister for Political, Social and Security Affairs Susilo Bambang Yudhoyono said on Monday that the government would pay special attention to the trial of former president Soeharto on corruption charges to prevent...

Paternity leave for civil servants

Paternity leave for civil servants SINGAPORE (AP): Fathers employed in the civil service will now get three days' paternity for each of their first three children as part of government efforts to encourage Singaporeans to have more babies.

Where to go in Bandung:

Where to go in Bandung:Exhibitions * Painting Exhibition by Pranata Gallery at the Lobby of Grand Hotel Preanger Bandung, Jl. Asia Afrika No. 81 (Phone: 022 431631), 9 a.m. to 9 p.m., until Aug. 31.Film* Cannes Film Screening at CCF - French Cultural Center, Jl. Purnawarman 32 (Phone 4212417), 2 p.

Complacency could end Asian recovery

Complacency could end Asian recovery CANBERRA (AFP): Asia's extraordinary recovery from financial crisis will not be sustained if complacency destroys economic, political and corporate restructuring, the head of the Asian Development Bank (ADB) warned here Monday.

House set to probe scandals

House set to probe scandals JAKARTA (JP): The House of Representatives voted overwhelmingly on Monday to launch an inquiry into two scandals -- Bulog-gate and Brunei-gate -- which many believe could implicate President Abdurrahman Wahid.

Subsidiary bankers of BI named suspects

Subsidiary bankers of BI named suspects JAKARTA (JP): The Attorney General's Office named on Monday two foreign based bankers suspects for causing a loss of US$1 billion to Bank Indonesia by violating the bank's prudential principal in extending credit.

TV today

TV todayTVRI 5:00 a.m. Religious Teachings 6:00 News 8:00 Children's Songs 8:30 Music 9:00 Interval 12:00 p.m. Interval 2:00 Children's Show 3:30 Music 4:00 News 4:30 Talk Show 5:30 News (in English) 6:00 Sports 6:30 Music 7:00 Evening News 7:30 TV Drama 8:00 Sports 9:00 News 9:30 TV Drama 10:30...

Bakrie's stake in Bakrie & Brothers to shrink to 2.5%

Bakrie's stake in Bakrie & Brothers to shrink to 2.5% JAKARTA (JP): The Bakrie family will see their ownership in the widely diversified Bakrie & Brothers to decline to 2.5 percent from 55 percent at present once the company's debt restructuring program is completed.

Court dismisses Sjahril's lawsuit against Marzuki

Court dismisses Sjahril's lawsuit against Marzuki JAKARTA (JP): The South Jakarta District Court dismissed on Monday the lawsuit filed by inactive Bank Indonesia governor Sjahril Sabirin against Attorney General Marzuki Darusman for wrongful detention.