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Found 15,244 articles

Ayala buys Menara shares

Ayala buys Menara shares MANILA (Reuter): Ayala Land Inc. said it signed a deed of sale for a 25 percent equity acquisition in PT Menara Duta, the property arm of Indonesian conglomerate Tigaraksa.The deal was worth US$110 million, the real estate giant told the Philippine Stock Exchange.

UIC, Nikki sign deal

UIC, Nikki sign deal JAKARTA (JP): PT Unggul Indah Corporation (UIC) and Nikki Universal, a U.S.-Japanese joint venture, signed here yesterday an engineering and licensing agreement to develop the third unit of detergent allkylate process in Merak, West Java.

BI tightens control of bank owners

BI tightens control of bank owners JAKARTA (JP): Bank Indonesia, the central bank, announced on Tuesday its intention to curb the excessive intervention of commissioners in the management of state-owned and private banks.Bank Indonesia Governor J.

RI in Hanover Fair '96

RI in Hanover Fair '96 JAKARTA (JP): PT Prodin, a trade promotion company, expects 60 Indonesian firms to take part in the Hanover Fair '96, which will be held on April 22 to April 27, the company's chief operation officer, Thareq K. Habibie, said yesterday.

Floods inundate many houses

Floods inundate many houses CILACAP, Central Java: Incessant rains on Saturday and Sunday have caused the Cibereum River and its six tributaries to overflow, inundating about 1,150 houses in six villages nearby.

Malaysian stocks soar

Malaysian stocks soar HONG KONG (Reuter): Aggressive foreign-led buying inspired local funds yesterday to propel Malaysia's stock market to more than double recent average volumes, traders said.Elsewhere in Asia, stock markets were mixed.In Kuala Lumpur, the Composite Index soared 17.79 points or 1.

Council faction protests over cemeteries plan

Council faction protests over cemeteries plan JAKARTA (JP): The United Development Party faction of the city council protested the administration's plan to move 550 private cemeteries.Deputy chairman of the faction, Saud Rachman, said that the plan is in direct contradiction to the program to...

Mini trawlers in Jakarta Bay

Mini trawlers in Jakarta Bay JAKARTA (JP): Hundreds of mini trawlers operating in Jakarta Bay have frustrated local fishermen.The chief of traditional fishermen in Muara Angke, North Jakarta, H. Achmad Royani, said that the fishermen's catch has been dropping since the mini trawlers began operating...

Metro opens in Plaza Senayan

Metro opens in Plaza Senayan JAKARTA (JP): PT Metropolitan Retailmart will open its second store in Plaza Senayan in December.Christine Barki, the company president director, said she hoped that the Metro Senayan would be able to contribute to the lifestyle needs of the local residential and...

Taxi business

Taxi businessFrom Media IndonesiaThe problem of taxis in Jakarta is complex. It ranges from driver behavior to uniformity of tariff to the proliferation of new taxis on the roads.Operating a taxi can be a promising business, and to be a taxi driver is a laudable profession.

French architects rebuild Cambodian temple on sand

French architects rebuild Cambodian temple on sandBy Leo Dobbs ANGKOR THOM, Cambodia (Reuter): Foreign experts, backed by computers, modern technology and a keen local work force, are returning to this ancient royal citadel to complete vital restoration work that war forced their peers to abandon.

RI shuttlers lead GP finals placing

RI shuttlers lead GP finals placing JAKARTA (JP): Indonesian shuttlers dominate the placing of the world badminton grand prix finals in Singapore next week, the International Badminton Federation announced yesterday.

Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Arya Duta, Jl. Prapatan 44-48,Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Monday and Wednesday from 7 p.m. to 1.p.m.; Los Morenos, Tuesday, Thursday and Sunday from 7 p.m to 11 p.m. - The Tavern Pub: Yeah Yeah Boys, Sunday and Thursday,9.

Right activist says path he chose is hard

Right activist says path he chose is hard JAKARTA (JP): Dutch-born human rights campaigner H.J.C. Princen celebrated his 70th birthday on Tuesday with a confession that the path he chose was rocky.At a reception, during which he launched a book recounting his years of standing in opposition to the...

Official testifies in fake reclamation paper case

Official testifies in fake reclamation paper case JAKARTA (JP): A West Jakarta Environment Board official told the South Jakarta District Court yesterday that because he suspected foul play in a land reclamation project last year, he refused to issue a license to a private company.

Persib receives approval to host Asia Club quarters

Persib receives approval to host Asia Club quarters BANDUNG (JP): Persib Bandung received formal approval to host the Asia Club Championship quarterfinals from the Asian Football Confederation, but then complained about the whopping deficit it may suffer.

Rubber prices projected to increase even more

Rubber prices projected to increase even more TOKYO (Reuter): Soaring rubber prices on the Tokyo Commodity Exchange (Tocom) are expected to climb even higher due to persisting supply tightness caused by torrential rain delaying rubber output in producing countries, traders said yesterday.

Military mobilize 2,500 personnel to back up police

Military mobilize 2,500 personnel to back up police JAKARTA (JP): City Military Command, without much publicity, has fielded 2,500 troops to back up a police anti-crime operation, an official says.Spokesman for the City Military Command, Lt. Col.

Amien Rais backs moves to end monopolies

Amien Rais backs moves to end monopolies YOGYAKARTA (JP): Muhammadiyah, one of the most influential Moslem organizations, yesterday said it supports current moves to break up the various economic monopolies in Indonesia.

OPEC faces up to weak oil prices, quota-busting

OPEC faces up to weak oil prices, quota-busting VIENNA (Reuter): OPEC ministers entered a closed session of their Vienna conference yesterday, near consensus on a production freeze and vowing to confront the quota-busting often blamed for weak world oil prices.

Free comedy on AIDS

Free comedy on AIDS JAKARTA (JP): This weekend, people will be able to enjoy a free comedy on AIDS starring popular artist Ira Wibowo.Ira and other artists from SIMAS group are scheduled to perform lenong, a Betawi-style comedy, entitled Jauh Di Mata Dekat Di Mati (Far from Sight, Close to Death).

Britain wants RI to lower tariffs

Britain wants RI to lower tariffs JAKARTA (JP): British Minister of Trade Anthony Nelson suggested here yesterday that Indonesia lower its import duties used to protect local industries.He said after a seminar on privatization that Indonesian tariffs on the imports of many industrial products, such...

Govt plans to deregulate state firms

Govt plans to deregulate state firms JAKARTA (JP): The government will deregulate state-owned enterprises to prepare them to compete with private firms, Minister of Finance Mar'ie Muhammad said yesterday.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 22, 1995: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 975 75 10,500 AHAP Insurance 3,225 0 0 Alumindo Perkasa 1,150 0 0 Andayani Megah 1,575 -25 137,000 Aneka...

Britain's dishonorable exit

Britain's dishonorable exit Hong Kong's transition from British to Chinese sovereignty, due to be completed at midnight on June 30, 1997, is not going smoothly. One reason lies in the British refusal to solve one small post-colonial anomaly, The Jakarta Post's Asia Correspondent Harvey Stockwin...

Libraries asked to draw public by advertising

Libraries asked to draw public by advertising JAKARTA (JP): Libraries must try to sell themselves more to the public, by placing advertisements in newspapers, radio and televisions, an expert said.Agus Rusmana, the head of the library department of the Bandung-based University of Padjadjaran, said...

Journalists from 'Tempo' ready to publish again

Journalists from 'Tempo' ready to publish again JAKARTA (JP): Journalists from Indonesia's respected magazine Tempo said yesterday they were ready to publish again after winning an appeal against a government ban.

AMEX responds

AMEX responds With regards to Ms. Ong MY's letter which appeared in The Jakarta Post on Nov. 21, 1995, we would like to take this opportunity to apologize for the unnecessary problems that she encountered with her application for a supplementary card.

SPSI pledges autonomy despite ties with Golkar

SPSI pledges autonomy despite ties with Golkar CARINGIN, West Java (JP): The new chairman of the All Indonesian Workers Union (SPSI), Bomer Pasaribu, vowed to make the only officially sanctioned labor union independent despite its ties with Golkar.

Thailand will beat RI in SEA Games: Observer

Thailand will beat RI in SEA Games: Observer CIPAYUNG, West Java (JP): Indonesia does not have much of a chance to defend its title at the 18th Southeast Asian Games in Chiang Mai, Thailand, a noted sports observer says.

Jasa Marga loses Rp 2.1b in markup

Jasa Marga loses Rp 2.1b in markup JAKARTA (JP): PT Jasa Marga, the state-owned toll-road developer and operator, has lost Rp 2.1 billion (US$917,030) in bad credits due to mark up practices by some officials of the Ministry of Cooperatives and Small Enterprises, a spokesman said.

Current electoral system seen most suitable

Current electoral system seen most suitable DEPOK, West Java (JP): Amidst debates on electoral reforms, academics agreed yesterday that the proportional representation system is still the most appropriate one for Indonesia.

Holiday transportation prepares

Holiday transportation prepares JAKARTA (JP): To meet the anticipated increase in passenger- activity during the Christmas and year-end holidays, the government will provide additional transportation services from Dec. 18 to Jan. 8, 1996.

Waves of asylum bids won't affect talks

Waves of asylum bids won't affect talks JAKARTA (JP): Minister of Foreign Affairs Ali Alatas yesterday said that the recent wave of requests for asylum by East Timorese youths would not derail the on-going United Nations sponsored talks between Jakarta and Lisbon.

Sarwono gets his knuckles rapped

Sarwono gets his knuckles rapped JAKARTA (JP): State Minister of Environment Sarwono Kusumaatmadja was reprimanded by President Soeharto yesterday for a recent outburst against fellow cabinet members."Yes, I was advised to control my behavior," Sarwono told journalists after meeting with the...

Merpati set to finalize talks on CN-235 soon

Merpati set to finalize talks on CN-235 soon JAKARTA (JP): Merpati Nusantara, an airline affiliated to state-owned Garuda Indonesia, will finalize negotiations with a private firm on the leasing of 16 locally-made CN-235-200 aircraft next month, a minister said.

Summarecon reaffirms property claim

Summarecon reaffirms property claim JAKARTA (JP): PT Summarecon Agung, a publicly listed property developer, reaffirmed yesterday its claim to the rightful ownership of the piece of land in its Kelapa Gading housing estate on which public facilities have been built and have been donated to the...

RI, PNG move against rebels

RI, PNG move against rebels MERAUKE, Irian Jaya: About 200 residents of the Ikcan Baru village in Waroko districts are reportedly being held hostage by members of the Free Papua Organization separatists.

S'poreans jailed for drugs

S'poreans jailed for drugs YOGYAKARTA: The Yogyakarta district court has jailed four Singaporeans for smoking marijuana, the Antara news agency said Tuesday.The agency said that judges at three separate trials found Singaporeans Affandi, Kamaruddin, Abdul Muthalib and Mohammad Khairudin guilty of...

Samsung cleared by environmental agency

Samsung cleared by environmental agency JAKARTA (JP): State Minister of Environment Sarwono Kusumaatmadja disclosed yesterday that PT Cheil Samsung Indonesia in Pasuruan, East Java, was officially cleared of charges of polluting a nearby river as recently as Nov. 9.

Spotlight

SpotlightPhoto A: LingleBali HyattMAYORS' VISIT: Linda Lingle, mayor of Maui County in Hawaii (sitting left) poses with Denpasar mayor Made Suwendha (sitting right) and Marc Hediger, general manager of the Bali Hyatt (standing), during the Sister Cities International program in Bali last week.

Jasa Marga asks for bigger toll fee share

Jasa Marga asks for bigger toll fee share JAKARTA (JP): PT Jasa Marga asked yesterday for a fairer share of profits gained from the city toll roads it jointly operates with PT Citra Marga Nusaphala Persada, a unit of the Citra Lamtorogung group.

Govt to go ahead with privatization

Govt to go ahead with privatization JAKARTA (JP): The government will go ahead with its privatization plans despite the unsatisfactory performance of the initial public offering of PT Telkom, the state-owned domestic telecommunications firm.

Unrest in Pasuruan

Unrest in Pasuruan Joint security forces comprising local soldiers and police acted sternly against demonstrators who have resorted to criminal actions by setting fire to two cars and ransacking houses.The unrest, which began on Nov.

Garuda and lost baggage

Garuda and lost baggageFrom RepublikaOn Sept. 28, 1995, I left on official duty from Polonia airport, Medan, to Jakarta on Garuda Indonesia GA 153. I brought a briefcase containing clothes and registered it as baggage. Upon arriving at Soekarno-Hatta airport (at about 1:30 p.m.

Spratlys threatens regional security

Spratlys threatens regional security CANBERRA (Reuter): The territorial row over the Spratlys, a potentially oil-rich island chain claimed by some of Asia's leading military powers, poses a major threat to regional security, Australian Defense Minister Robert Ray said yesterday.

United against speculators

United against speculators The conclusion of an interlocking set of bilateral repurchase agreements between the central banks of Australia, Hong Kong, Indonesia, Malaysia and Thailand in Hong Kong on Monday should be welcomed as a contingency program to cope with speculative attacks on currencies.

Philippines can handle next APEC summit: Ramos

Philippines can handle next APEC summit: Ramos MANILA (AFP): President Fidel Ramos yesterday lashed out at congressmen who had charged that the Philippines could not afford to host the next APEC summit in 1996.

TV today

TV todayTVRI 2:30 p.m. Travel: Face of My Country 2:35 TV Series: Ultraman 3:05 Dance Performance 3:30 TV Drama: Harapan Nan Sirna 4:30 Sports 5:00 Regional News 5:30 Arabic Lessons 6:05 Nusantara, the Beloved Country: Southeast Sulawesi 6:15 Village Program 6:25 Koran Recital 6:35 Religious...

Monas: An observation

Monas: An observationFrom Berita BuanaAlthough the National Monument (Monas) park is no longer used as the site of the Jakarta Fair, many are still attracted to the park on regular days. People go at night to relax and walk around. And where there are crowds, there are vendors.