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Found 17,570 articles

JSX shares plunge amid selling pressure in regional markets

JSX shares plunge amid selling pressure in regional markets JAKARTA (JP): Shares on the Jakarta Stock Exchange (JSX) plunged on Monday amid selling pressure in reaction to the declines in regional markets, securities analysts said.

DAI awards for recruitment

DAI awards for recruitment JAKARTA (JP): The Insurance Council of Indonesia (DAI) will present awards to the country's top life insurance agents for achievement in recruitment in 1999.Chairman of DAI's life insurance division Angger Yuwono said on Monday the awards ceremony would be held in...

Lawyers protest over Soeharto's city arrest

Lawyers protest over Soeharto's city arrest JAKARTA (JP): Lawyers representing former president Soeharto, who is under investigation for alleged corruption during his 32 years of rule, demanded on Monday that the Attorney General's Office drop their client's city arrest.

PT Newmont operates Minahasa gold mine as usual

PT Newmont operates Minahasa gold mine as usual JAKARTA (JP): Activity at PT Newmont Minahasa Raya's gold mine in Minahasa, North Sulawesi, continued as usual on Monday as the deadline set by the local court to close down the mine passed without incident.

Anwar saga continues to haunt PM Mahathir

Anwar saga continues to haunt PM MahathirBy M.Jegathesan KUALA LUMPUR (AFP): Despite being behind bars, ex-deputy premier Anwar Ibrahim continues to haunt Prime Minister Mahathir Mohamad, as his supporters mounted anti-government protests over the weekend despite a police clampdown.

Workers demand their jobs back

Workers demand their jobs back BOGOR (JP): Some 2,500 fired workers of textile producer PT Roda Vivatex staged a protest at the Bogor Council on Monday, demanding councilors take up their cause for reemployment.

Police turn up nothing in oil smuggling probe

Police turn up nothing in oil smuggling probe JAKARTA (JP): A preliminary police investigation into the alleged smuggling of tons of oil from the Cilincing coast of North Jakarta has yet to reveal any evidence, an officer said on Monday.

Blood shortage blamed for deaths

Blood shortage blamed for deaths BANDUNG, West Java: About 40 percent of women giving birth have died during labor due to a shortage of blood needed for a transfusion, an official said here on Saturday.

Tourists cancel over jihad threats

Tourists cancel over jihad threats JAKARTA (JP): At least three groups of tourists have canceled trips to Indonesia over the past two weeks because of reports of a planned holy war in Maluku, a senior tourism official said on Monday.

Kopassus told to win back public support

Kopassus told to win back public support JAKARTA (JP): The Army's Special Force (Kopassus) must be more open to criticism if it wants to regain the public esteem and support it once enjoyed, Army Chief of Staff Gen. Tyasno Sudarto said on Monday."Kopassus must be more receptive to criticism.

Mob says restaurant a front for prostitution

Mob says restaurant a front for prostitution TANGERANG (JP): A restaurant manager, his assistant and a cashier suffered wounds after hundreds of people, including local residents, stormed the three-story building on Sunday evening, a police officer said on Monday.

Timman vows all the right moves

Timman vows all the right moves JAKARTA (JP): Dutch Grand Master (GM) Jan Timman said on Monday he was confident of winning the upcoming JAPFA Classic International Chess Tournament in Sanur, Bali, despite the tough challengers.

Anas receives 10 months probation

Anas receives 10 months probation JAKARTA (JP): The Central Jakarta District Court sentenced defendant Anas Alamudi on Monday to five months in jail for driving his car into a cordon of troops and injuring eight of them on Nov. 10, 1998. The sentence was probated to 10 months.

PAL, Lufthansa sign pact

PAL, Lufthansa sign pact MANILA (AP): Philippine Airlines and Germany's Lufthansa AG have signed an agreement allowing PAL to sell space on Lufthansa- operated cargo flights between Manila and Frankfurt, giving the Philippine flag carrier a presence in the European cargo market for the first time...

UN force commander offers apology over spy incident

UN force commander offers apology over spy incident LAKTUTUS, East Nusa Tenggara (JP): United Nations Transitional Administration in East Timor (UNTAET) Peacekeeping Force (PKF) Commander Lt. Gen. Jaime de los Santos apologized Monday to Indonesian Military (TNI) over a recent spying incident...

Concept of 'syura'

Concept of 'syura' Indeed, it is very interesting to read your "Discourse" article by Mochtar Buchori entitled PDI-P yet to learn about democratic basics (The Jakarta Post, March, 28, 2000).First, "there are some who say that it is impossible for Islam to accept democracy because Islam already has...

Rumors abound of political intrigue

Rumors abound of political intrigue JAKARTA (JP): President Abdurrahman Wahid returned from a nine-day foreign tour on Monday amid rumors of intensive backroom dealings between major political parties to try to remove him from office.

Parties out to exploit state firms: Sources

Parties out to exploit state firms: Sources JAKARTA (JP): State companies remain highly vulnerable to exploitation as cash cows for political groups like they were under previous political administrations, informed sources said on Monday.

Clamor about Marxism

Clamor about Marxism As could have been expected, President Abdurrahman Wahid's proposal to rescind a decree issued by the (then provisional) People's Consultative Assembly (MPRS) in 1996 to ban the dissemination of Marxism-Leninism, as well as the Indonesian Communist Party (PKI), has caused a...

Rates for tax payment, valid from April 17 to Apr. 23

Rates for tax payment, valid from April 17 to Apr. 23 U.S. dollar 1 Rp 7,575.00Austrian schilling 1 523.96Australian dollar 1 4,505.61Belgian franc 1 178.73Canadian dollar 1 5,146.06Swiss franc 1 4,587.85Deutschemark 1 3,687.93Danish krone 1 968.44French franc 1 1,099.13Poundsterling 1 12,007.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 17, 2000: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 750 -50 2,500 Adindo Foresta Indonesia 475 -50 1,120,000 Alakasa Industrindo 550 -25 1,000 Alfa...

Subagyo denies young shuttlers boycott PBSI

Subagyo denies young shuttlers boycott PBSI JAKARTA (JP): The Badminton Association of Indonesia (PBSI) loses its self-esteem? It sounds impossible but it happened Monday. Twenty eight young athletes boycotted the official four- day selection trial for promotion and expulsion.

16 mining companies delay exploration activities

16 mining companies delay exploration activities JAKARTA (JP): At least 16 foreign mining companies have delayed their activities due to uncertainty in security or financial problems, a senior government official said on Monday.

More teachers strike for pay rise

More teachers strike for pay rise JAKARTA (JP): More teachers took to the streets across Indonesia on Monday, forcing some schools to close, as the government came close to approving a hefty increase in their allowances.

Batam tax scares investors

Batam tax scares investors SINGAPORE (AP): The Indonesian government's decision to raise production costs on the island of Batam off the coast of Singapore could cause some international companies to leave, a spokesman for Batam's business community said Monday.

TMII celebrates silver jubilee with series of events

TMII celebrates silver jubilee with series of events JAKARTA (JP): A series of educative, scientific and cultural events are scheduled to commemorate the 25th anniversary of Taman Mini Indonesia Indah (TMII).

Locals protect elected regent

Locals protect elected regent PONTIANAK, West Kalimantan: The rally to protest the election of the new Kapuas Hulu regent continued on Monday, but no violence was reported.Eight members of the local legislature still stayed for protection at the local military headquarters following Saturday's...

Wanted robber shot dead

Wanted robber shot dead JAKARTA (JP): West Jakarta Police detectives fatally shot a longtime suspected bank robber on Jl. Ring Road Rawa Buaya, Duri Kosambi, early Monday morning.West Jakarta police chief of detectives Capt.

IBRA says S'pore firm must buy BCA shares through IPO

IBRA says S'pore firm must buy BCA shares through IPO JAKARTA (JP): Indonesian Bank Restructuring Agency (IBRA) deputy chairman Jerry Ng said on Monday the Government of Singapore Investment Corporation (GSIC) must purchase Bank Central Asia (BCA) shares through the bank's initial public offering...

Long, winding road to reconciliation

Long, winding road to reconciliation One hurdle to the truth and reconciliation commission to be formed, would be the political interest to search either a whitewash or a witch-hunt, writes political analyst Kusnanto Anggoro, a senior researcher with the Centre for Strategic and International...

Teachers are lacking

Teachers are lacking I am very much concerned with the demand for a salary increase by teachers lately. With the current economic situation in Indonesia the teachers are definitely experiencing the same economic difficulties as we are.

Experts defend President's call to revoke communism ban

Experts defend President's call to revoke communism ban YOGYAKARTA (JP): Political observers have defended President Abdurrahman Wahid's support for lifting the ban on communism, saying that it does not violate the 1945 Constitution or People's Consultative Assembly (MPR) decrees.

Corruption plagues Thai poll rerun

Corruption plagues Thai poll rerun BANGKOK (AFP): Allegations of rampant corruption have surfaced during advance voting in the rerun senate elections in Thailand, after the first round was tarnished by vote buying, reports said on Sunday.

IMF may disburse $400m loan to RI soon

IMF may disburse $400m loan to RI soon WASHINGTON (Bloomberg): Indonesia has made "a lot of progress" toward meeting International Monetary Fund conditions, making it likely the country will get a US$400 million loan disbursement in May, a fund official said.

The Soeharto show

The Soeharto show The corruption investigation of former president Soeharto has dragged on aimlessly for the last five months that it has become nothing more than a pathetic little public show. The only problem is that we are not sure who is the more pathetic of the two parties in this spectacle:...

Ruler of Malaysia's Perlis state dies

Ruler of Malaysia's Perlis state dies KUALA LUMPUR (AFP): The ruler of Malaysia's northern Perlis state passed away on Sunday after being treated for heart problems, diabetes and kidney complications, the official Bernama news agency reported.

Newmont falls victim to Indonesia's fledging democracy

Newmont falls victim to Indonesia's fledging democracyBy Berni K. Moestafa JAKARTA (JP): It was all bleak for the American gold mining company PT Newmont Minahasa Raya, when a tax dispute with the Minahasa regency, North Sulawesi caused the company last week to face a closure order of its gold mine.

Hotel accused of stealing tap water

Hotel accused of stealing tap water BOGOR (JP): A hotel on Jl. Juanda here has been accused by city-owned tap water company PDAM Bogor of stealing thousands of cubic meters of the firm's water.PDAM Bogor director Daslim Saibi said on Friday the suspected theft, which cost the company at least Rp 6...

Exploring the 'Zazen', the gate of living Zen

Exploring the 'Zazen', the gate of living ZenBy Rahayu Ratnaningsih JAKARTA (JP): Of all Buddhist traditions, I find Zen and Tantric (Tibetan) most appealing. The two are so full of contrast; Zen with its "complex simplicity" and minimalist approach; Tantric with its rich, colorful, quixotic,...

Train derails in Tugu

Train derails in Tugu YOGYAKARTA: At least six of the 12 railways cars of Argowilis express train derailed just minutes after it left Tugu Station here on Sunday on its way to Jakarta.A few of the 450 passengers on board suffered slight injuries in the accident, which occurred around 9 a.m.

More oil likely in Kuwait

More oil likely in Kuwait KUWAIT CITY (DPA): Oil-rich Kuwait is likely to have discovered more oil on its biggest island, Bubiyan, bordering Iraq, Arab Times newspaper reported Saturday.Results of recent seismological surveys conducted by parent conglomerate Kuwait Petroleum Corporation (KPC)...

State enterprises and conglomerates

State enterprises and conglomerates Around the beginning of 1990 there emerged a controversial idea to recruit executives of certain prominent private companies to hold the positions of top management at certain strategic state enterprises (BUMN).

An open letter to Indonesian reformists

An open letter to Indonesian reformistsBy Olle Tornquist OSLO (JP): Dear Indonesian reformists (cc. your Western supporters),This, of course, is primarily for you to settle. But as I'm part of that rather hypocritical West which contributed to the catastrophe and, like Indonesia, has to come to...

Drops in U.S. stock markets may weaken Jakarta bourse

Drops in U.S. stock markets may weaken Jakarta bourse JAKARTA (JP): Weak sentiment in the global market, driven by a recent series of drops in the U.S. stock markets, will further weaken the Jakarta Composite Index this week after it fell 2.5 percent last week, equity analysts have said.

Lippo e-Net could face charges: Bapepam

Lippo e-Net could face charges: Bapepam JAKARTA (JP): Head of Capital Market Supervisory Agency (Bapepam) Herwidayatmo has said that listed life insurance company PT Lippo e-Net may be charged with presenting inconsistent information to the public.

Irian Jaya caretaker governor installed

Irian Jaya caretaker governor installed JAYAPURA, Irian Jaya: Home affairs minister Surjadi Soedirdja installed Musiran Darmo Suwito on Saturday as caretaker governor of Irian Jaya, replacing Freddy Numberi who was appointed as state minister of administrative reforms last year.

Some groups want 'to sabotage peace efforts in Aceh'

Some groups want 'to sabotage peace efforts in Aceh' HONG KONG (JP): President Abdurrahman Wahid said on Sunday there were domestic groups attempting to sabotage peace efforts in Aceh, and also revealed he had asked for an Army officer to be removed from his post in the province.

Police deny involvement in YLBHI secretariat attack

Police deny involvement in YLBHI secretariat attack JAKARTA (JP): Menteng Police dismissed on Saturday the allegations that its officers attacked and damaged the Foundation of the Indonesian Legal Aid Institute (YLBHI) secretariat on Jl. Diponegoro No.

Govt plans to reschedule $300m in commercial debts

Govt plans to reschedule $300m in commercial debts JAKARTA (JP): Indonesia plans to negotiate soon with foreign commercial banks on a mechanism to reschedule some US$300 million in government debts due in 2000 and 2001, according to Bank Indonesia director Burhanudin Abdullah.

President rebuffs his critics

President rebuffs his criticsBy Budiman Moerdijat HONG KONG (JP): President Abdurrahman Wahid rebuffed his critics on Sunday, including People's Consultative Assembly (MPR) Speaker Amien Rais, and warned of a backlash against his political foes if they failed to back up their criticism.