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Found 17,759 articles

Bank directors detained for graft

Bank directors detained for graft PALANGKA RAYA, Central Kalimantan: Three directors of the state-owned bank Pembangunan Daerah in this provincial capital have been detained for corruption.The three, named as JS, president, CSD, marketing director and ZE, general affairs director, are suspected of...

Conversion Rates

Conversion Rates Bank Bali's conversion rates on Nov. 27, 1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,200.00 7,400.00 7,200.00 7,500.00Austrian schilling 1 566.90 636.90 - -Australian dollar 1 4,505.85 4,765.85 4,522.00 4,872.00Belgian franc 1 189.

700 students try to return to the House

700 students try to return to the House JAKARTA (JP): The number of student protesters taking to the city's streets on Friday was slightly lower than on previous days, but tension heightened in the early evening with a new rally.

Timber lost in cross-border theft

Timber lost in cross-border theft TARAKAN, East Kalimantan: Indonesian military personnel recently confiscated 75 pieces of heavy equipment owned by timber thieves operating near the border of East Kalimantan province and Sabah, Malaysia.

Railway crossing guard's suit upheld

Railway crossing guard's suit upheld JAKARTA (JP): The Jakarta Administrative High Court has ordered the minister of communications to pay Rp 15 million (US$2,000) in compensation to a railway crossing guard whose neglect led to a bloody crash which left more than 100 people dead in Bintaro, South...

Govt to establish financing agency to boost exports

Govt to establish financing agency to boost exports JAKARTA (JP): In an effort to boost exports, the government plans to establish a financing agency whose immediate focus will be to provide subsidized, preshipment working capital and export credit for exporters hampered by the current financial...

Looting on toll road

Looting on toll road On Sunday, Nov. 22, 1998, as I was returning to Bandung from Jakarta after a business appointment, I had a very bad experience on a toll road and had to give away all personal belongings to looters.It was about 5 p.m.

Tommy's remarks give students new spirit

Tommy's remarks give students new spirit JAKARTA (JP): A challenge laid down by the youngest son of former president Soeharto calling for people to prove the wrongdoings of his father and family has galvanized the student movement in the capital.

Log supply expected to drop by 25 percent

Log supply expected to drop by 25 percent JAKARTA (JP): Indonesia's log supply might decline by as much as 25 percent this year due to a drop in timber companies' logging activities, according to the Indonesian Forestry Society (MPI).

Mixed-ethnic Chinese literature

Mixed-ethnic Chinese literature Most of us would think that Chinese-Indonesians know nothing other than trade, and they are even labeled quite often as "economic animals". Very interestingly, Mr. Leo Suryadinata writes in his book "The culture of the Chinese minority in Indonesia" (as shown in...

Compensation sought from country club

Compensation sought from country club JAKARTA (JP): About 25 families in the Ciganjur-Cipedak subdistrict, South Jakarta, have demanded compensation for a 12- hectare plot of their land appropriated by force as part of the Matoa golf course and country club.

Manhunt for 25 jailbreakers

Manhunt for 25 jailbreakers MEDAN, North Sumatra: Police are still hunting for 25 of the 40 people who escaped from the Labuhan Deli penitentiary two weeks ago, Antara reported on Thursday.Mintardjo, chief of prison affairs at the North Sumatra Justice Office, said 15 escapees had been recaptured...

Number of poor families doubles

Number of poor families doubles JAKARTA (JP): The number of Jakarta families living below the poverty line in October was 57,218, more than double the 23,384 families recorded three months earlier, an official from the city's office of the National Family Planning Board (BKKBN) said on Thursday.

U.S. says Indonesia used excessive force

U.S. says Indonesia used excessive force WASHINGTON (Agencies): The United States on Wednesday said Indonesian security forces has used excessive force against unarmed demonstrators and urged the government to bring those responsible to justice quickly.

ABRI and the people

ABRI and the people Since former president Soeharto was forced to step down in May, the Armed Forces (ABRI) has been forced to stand back and watch while demands for total reform rise to a fever pitch.The demands of the reform movement, articulated so vociferously by university students, is nothing...

Govt may give up stakes in 7 charity foundations

Govt may give up stakes in 7 charity foundations JAKARTA (JP): The government might sell the stakes controlled by seven foundations chaired by former president Soeharto if they lack profitability, Coordinating Minister for People's Welfare and Poverty Alleviation Haryono Suyono said on Thursday.

ASEAN countries seek drug deterrent

ASEAN countries seek drug deterrent HANOI (AFP): The nine countries of the Association of Southeast Asian Nations (ASEAN) began on Thursday a conference in Hanoi on ways to protect young people from the increasing threat of drugs.

Hyundai given ample debt relief

Hyundai given ample debt relief SEOUL (Reuters): South Korea's Hyundai Motor has been given substantially more debt relief than it originally asked for in its deal to take over troubled Kia Motors Corp and Asia Motors, it was announced on Thursday.Creditors agreed to write off an additional 219.

German exports fall

German exports fall WIESBADEN, Germany (AFP): German exports to ASEAN countries and to Russia slumped in August owing to the economic and financial crises hammering the countries, data published by the Federal Statistics Office on Thursday showed.Germany exported goods worth a total 1.

Six foreign companies bid for stake in Pelindo's unit

Six foreign companies bid for stake in Pelindo's unit JAKARTA (JP): Six giant foreign shipping and port operators have submitted offers to buy a 49 percent to 51 percent stake in the newly established PT Jakarta International Container Terminal (JICT), a unit of state-owned port operator PT Pelindo...

Free AIDS tests at UI

Free AIDS tests at UI JAKARTA (JP): University of Indonesia's School of Medicine will offer free HIV/AIDS tests to the public for three months beginning next month in commemoration of World AIDS Day on Dec. 1, the organizers said Wednesday.

S'pore to offer palm oil futures contract

S'pore to offer palm oil futures contract SINGAPORE (Bloomberg): The Singapore Commodity Exchange may start trading a palm oil futures contract, a move that would challenge the dominance of the Kuala Lumpur Commodity Exchange, where crude palm oil is exclusively traded.

PPP introduces new vision, paradigm for 1999 election

PPP introduces new vision, paradigm for 1999 election JAKARTA (JP): Ahead of its extraordinary Congress, slated for Nov. 29 through Dec. 3, the United Development Party (PPP) has been launching several strategic issues as part of its efforts to maintain its existence in the politics of the reform...

Owner Bob Hasan reshuffles 'Gatra'

Owner Bob Hasan reshuffles 'Gatra' JAKARTA (JP): Timber tycoon Mohammad (Bob) Hasan, who controls PT Era Media Informasi, publisher of the Gatra weekly, has sacked the magazine's directors and chief editor for unclear reasons.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov.26, 1998: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 375 0 15,000 AHAP Insurance 400 0 0 Alter Abadi 300 25 930,000 Alumindo Light Metal 300 0 130,500 Alumindo...

Shoe workers complain of torture

Shoe workers complain of torture JAKARTA (JP): Workers of shoe producer PT Emperor Footwear Indonesia complained on Thursday of being tortured while staging a protest early this week at the factory's site in Bantar Gebang, Bekasi.

China defense minister in S'pore

China defense minister in S'pore SINGAPORE (AP): Chinese Defense Minister Gen. Chi Haotian met on Thursday with his Singapore counterpart, Tony Tan, Singapore's Defense Ministry said in a statement.Chi, who is in Singapore on a four-day official visit, was to meet with Singapore Prime Minister Goh...

UN-sponsored talks resume on East Timor after brief halt

UN-sponsored talks resume on East Timor after brief halt UNITED NATIONS (Agencies): United Nations-sponsored talks on the question of East Timor resumed on Wednesday after being broken off last Friday, a UN spokesman said.

Stocks recoup their losses, rupiah stays flat

Stocks recoup their losses, rupiah stays flat JAKARTA (JP): Speculative buying on banking stocks fueled a 1.9 percent gain on the local market on Thursday, but the rupiah held its own to end the day virtually unchanged.After a sharp correction of 7.

Thai baht rises against dollar, Singapore's currency plunges

Thai baht rises against dollar, Singapore's currency plunges SINGAPORE (Dow Jones): The courses taken by Southeast Asian currencies diverged sharply on Thursday. As a steady stream of investment inflows lifted the Thai baht to a fresh 58-week high against the U.S.

Golkar 'dissidents' look set to announce their stance soon

Golkar 'dissidents' look set to announce their stance soon JAKARTA (JP): One hundred and fifty dissenting members of the ruling Golkar grouping are to meet soon to plan their future strategy.Antara on Thursday quoted member Uncu Natsir, who is coordinating the meeting, as saying that the talks...

RI 'still attractive' for oil and gas investment

RI 'still attractive' for oil and gas investment JAKARTA (JP): An official at state oil and gas company Pertamina said on Wednesday that the country's oil and gas potential and the incentives offered by the government for their development meant Indonesia was still attractive for investors.

Two mobbed to death

Two mobbed to death TANGERANG (JP): An unidentified man was beaten to death by angry mobs after being caught red-handed attempting to steal a motorcycle in Caranang village of Cikupa district here on Wednesday night.Tangerang Police chief detective Capt.

House committee agrees on keeping old PR system

House committee agrees on keeping old PR system JAKARTA (JP): A special committee of the House of Representatives agreed on Thursday to retain the old proportional representation (PR) system for next year's general election, but with major improvements to make it more democratic.

PBSI to appeal Sigit's one-year suspension handed down by IBF

PBSI to appeal Sigit's one-year suspension handed down by IBF JAKARTA (JP): The Badminton Association of Indonesia (PBSI) will file an appeal to the International Badminton Federation (IBF) over a one-year suspension it has imposed on doubles specialist Sigit Budiarto.

Japan eyes business deals during Jiang's visit

Japan eyes business deals during Jiang's visitBy Edward Neilan "Bullet train" excursion may mean more to ties than "spin doctor" politicizing. TOKYO (JP): Chinese President Jiang Zemin's ride on a Shinkansen "bullet train" between Tokyo and Sendai will be the most important event during his visit...

Soemitro pleads for fair treatment of son Prabowo

Soemitro pleads for fair treatment of son Prabowo JAKARTA (JP): The country's most respected economist Soemitro Djojohadikusumo appealed to the media on Thursday to be fair to his son, Lt. Gen. (ret) Prabowo Subianto, discharged from the military for his role in the abduction of political activists.

RI crew saved from ship mishap

RI crew saved from ship mishap JAKARTA: An Indonesian cargo vessel M.V. Kalimantan Express carrying 3,000 tons of pulses from Myanmar to Calcutta sank in the Bengal Bay on Wednesday, but all its 22 crew members were safe, Antara reported on Thursday.

BRI boss probe over graft charges

BRI boss probe over graft charges JAKARTA (JP): President director of government-owned Bank Rakyat Indonesia (BRI) Djoko Santoso Moeljono was questioned by the Attorney General's Office on Thursday as a suspect in a Rp 572.2 billion ($76 million) loan scandal, Antara reported.

General admits Irianese victimized in army operations

General admits Irianese victimized in army operations JAKARTA (JP): The military commander overseeing Maluku and Irian Jaya, Maj. Gen. Amir Sembiring, has acknowledged that many Irianese were victimized during military operations to hunt separatists.

Capital's subway project hinges on financing: Minister

Capital's subway project hinges on financing: Minister JAKARTA (JP): Minister of Communications Giri Suseno Hadihardjono said that implementation of the much delayed Jakarta subway project would depend on whether the government could secure the necessary financing.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Photo Exhibition: Fine Art Photography, at Galeri Foto Cahya, Plaza Menteng, 2nd floor, C7-8, Jl. H.O.S. Cokroaminoto 79, Menteng, Central Jakarta, 10 a.m. to 8 p.m., until Dec. 7. * Painting Exhibition: Temu Ragam Lima Pelukis, at Balai Budaya, Jl.

German investors told to stay in Indonesia

German investors told to stay in Indonesia JAKARTA (JP): A former German economics minister has advised his compatriots to persevere in crisis-hit Indonesia to maintain market share for when the economy rebounds.

Australia ships wheat to RI

Australia ships wheat to RI JAKARTA (JP): Prominent Australian wheat flour producer Manildra Pty Ltd has shipped a significant amount of wheat flour to Indonesia, the Australian Embassy announced on Thursday.

Aceh coral reefs endangered

Aceh coral reefs endangered BANDA ACEH, Aceh: Ninety percent of the coral reefs around the Banyak islands have been damaged because of the use of dynamite and cyanide by fishermen in the area, Antara reported.

Surprise twist delays the trial of Anwar

Surprise twist delays the trial of Anwar KUALA LUMPUR (AP): A surprise twist delayed the sex and corruption trial of former Deputy Prime Minister Anwar Ibrahim on Thursday when the chief prosecutor was called away to testify in a related criminal case.

Hartati Murdaya, repent!

Hartati Murdaya, repent!From Sinar PagiMrs. Siti Hartati Murdaya's TV appearance on Nov. 16 angered and amused me at the same time (TVRI's Dialog Khusus or Special Dialog program).It is ridiculous that as a member of the Supreme Advisory Council (DPA) she confessed she was not well-versed in...

WFP blended food arrives

WFP blended food arrives JAKARTA (JP): The United Nations World Food Program (WFP) announced on Thursday the arrival of the first 200 tons of a 8,660-ton consignment of blended food for Indonesia as part of its overall package of food assistance.

Maan swings into second place in Matoa Open

Maan swings into second place in Matoa Open JAKARTA (JP): Defending champion Maan Nasim showed that persistent play pays off by moving to second on the scoreboard as other title contenders faltered in the third round of the Rp 100 million (US$13,300) Matoa Nasional Open-Andersen Consulting...

Students clash with Tarutung police

Students clash with Tarutung police JAKARTA (JP): Demonstrations on Thursday were marred by violence as stone pelting between students, other protesters and security officers in Medan, North Sumatra led to warning shots and tear gas being directed at demonstrators.