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Found 18,584 articles

U.S.' StorageTek plans to boost growth in Asia

U.S.' StorageTek plans to boost growth in Asia SINGAPORE (Reuter): U.S. data storage provider Storage Technology Corp (StorageTek) said yesterday it planned to use Singapore as a hub for rapidly expanding data storage in Asia.

Mulia expects higher profits

Mulia expects higher profits JAKARTA (JP): Publicly listed ceramic tile and glass maker PT Mulia Industrindo expects a 56 percent rise in net sales to Rp 810 billion (US$339 million) this year from Rp 291 billion in 1996.The company announced yesterday its net profit rose 65 percent to Rp 113.

Ramadhan time for Jakarta

Ramadhan time for JakartaWednesdayMaghrib 6:19 p.m.ThursdayImsak 4:27 a.m.Subuh 4:37 a.m.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 4, 1997: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,000 0 1,500 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 383,500 Alumindo Light Metal 1,325 -25...

Seven men arrested for drugs

Seven men arrested for drugs JAKARTA (JP): City Police have arrested seven men for selling 156 grams of heroin, 1,500 Ecstasy pills, and 14 kilograms of dried marijuana.City Police Detectives Chief Col.

EVA Air responds

EVA Air responds We write in response to Mr. Firman Widjaja's letter Long journey to U.S. (Jan. 14, 1997).EVA Air very much regrets the inconvenience experienced by Mr. Widjaja's son, Nicko Widjaja on his recent visit to the United States, and we understand fully the dissatisfaction and distress...

Guard strung up by pants

Guard strung up by pants JAKARTA (JP): A West Nusa Tenggara security guard was found strung up by his pants in his detention cell yesterday after admitting he was ashamed of being caught stealing money from his employer, police said.

Sympathy for detained students

Sympathy for detained students PURWOKERTO, Central Java: Messages of sympathy are streaming in to four students arrested on charges of distributing leaflets encouraging people to boycott the May 29 general election.

Fresh row erupts over blood

Fresh row erupts over blood YOGYAKARTA: A fresh row has erupted over the blood samples of slain journalist Fuad Muhammad Syafruddin's that the police threw away.Lawyers representing the journalist's widow, Marsiyem, denied yesterday the police accusation that she was seeking to "commercialize" the...

Lippo raises BDI shares

Lippo raises BDI shares JAKARTA (JP): Lippo Bank announced yesterday it had increased its stake in Bank Dagang dan Industri (BDI) from 6.8 percent to 24.56 percent. It's stake is now worth Rp 16.8 billion (US$7.1 million).

Fire destroys 20 houses

Fire destroys 20 houses JAKARTA (JP): Two fires destroyed 20 houses, six workers' boarding houses and two construction offices in Central Jakarta in the past two days. No fatalities have been reported.Central Jakarta Police Chief Lt. Col. M. Ibrahim said the first fire started at 3:30 a.m.

Regional cuisine marks Idul Fitri celebrations

Regional cuisine marks Idul Fitri celebrationsBy Wirasti Wiryono JAKARTA (JP): For Idul Fitri this year, food expert Rudy Choiruddin offers his own perspective of the country's cuisine, with its astounding variety of rich flavors and textures from the various regions.

PT. Rekayasa ties up with three state firms

PT. Rekayasa ties up with three state firms JAKARTA (JP): PT Rekayasa Industri forged alliances yesterday with three other state enterprises to raise its industrial- engineering and construction expertise.Rekayasa Industri president Hari G.

Trawlers threaten fisherpeople

Trawlers threaten fisherpeople MEDAN, North Sumatra: Six illegal trawlers are threatening traditional fisherpeople's livelihoods in Central Tapanuli, North Sumatra, Antara reported yesterday.Individual fisherpeople who use traditional equipment have asked the authorities to prohibit the six...

Sembawang to invest here

Sembawang to invest here SINGAPORE (Reuter): Sembawang Corp. said yesterday its wholly- owned unit Sembawang Media Pte. Ltd. had entered into an Internet joint venture in Indonesia.The unit had agreed to jointly invest with Indonesian corporation PT Ngrumat Bondo Utomo in Indonesian firm PT Jasa...

BNI gets top price for its $145 million Yankee bond issue

BNI gets top price for its $145 million Yankee bond issue JAKARTA (JP): State-owned PT Bank Negara Indonesia 1946 has got a good price for its US$145 million Yankee bond issue after Indonesia's first sovereign issue last year.

Tycoons donate Rp 415b to the poor

Tycoons donate Rp 415b to the poor JAKARTA (JP): The Jimbaran Group of business tycoons has contributed Rp 415 billion (US$180 million) toward the government's drive to eradicate poverty, the Office of the State Minister of Population said Tuesday.

RI telecoms policy wins foreign support

RI telecoms policy wins foreign support JAKARTA (JP): Secretary-general of the Ministry of Tourism, Post and Telecommunications Jonathan L. Parapak said Monday Indonesia's decision not to change its telecommunications policy won support from several developing nations.

Four Timorese break into French embassy

Four Timorese break into French embassy JAKARTA (JP): Four East Timorese entered the French embassy yesterday, seeking asylum in Portugal or France.French embassy and International Committee of the Red Cross (ICRC) officials discussed the asylum bid with the four Timorese.

TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Fun House 3:05 Teenagers' Program: Arena 123 3:30 TV Series: Perfect Strangers 4:00 News: Lintasan Berita 4:05 TV Drama: Diantara Kita: Surat Tantangan 4:30 Documentary Film 4:55 Filler and Trailer 5:00 Evening News 5:25 Travel: My Country...

Competition for Busang gold mine hots up

Competition for Busang gold mine hots up JAKARTA (JP): Competition to get a stake in the Busang II gold mine in East Kalimantan has become fiercer with three more companies reportedly entering the battle to secure a share of the 57-million ounce gold reserve.

Petronas agrees to take over Vietnam's Dai Hung oilfield

Petronas agrees to take over Vietnam's Dai Hung oilfield KUALA LUMPUR (Reuter): Malaysia's state-run Petroliam Nasional (Petronas) said yesterday it had agreed to take over Vietnam's Dai Hung oilfield from Australia's Broken Hill Propriety Co Ltd under the old contract terms.

RP suffering from 'overdose' of Malaysian investments

RP suffering from 'overdose' of Malaysian investments MANILA (AFP): Philippine Senate President Ernesto Maceda hailed the voiding of a Malaysian conglomerate's purchase of a historic Manila hotel, saying that the country already had "an overdose of Malaysian investments," the Business Daily...

Polyta's estimations

Polyta's estimations JAKARTA (JP): Try Polyta's estimations of a loss of between 10 U.S. cents and US$14 per American Depository Share (ADS) for the fourth quarter of 1996 are based on a narrower Delta P of $257 a ton offset by a healthy fourth quarter sales volume of 88,912 tons, the company said.

Cavalry to acquire 18 French armored cars

Cavalry to acquire 18 French armored cars JAKARTA (JP): The Army is soon to acquire 18 state-of-the-art French light armored cars, Antara reported.The news agency said the ULTRAF reconnaissance vehicles would be entrusted to the Bandung-based Cavalry Weapons Center.

Ramadhan time for Jakarta

Ramadhan time for JakartaTuesday Maghrib 6:20 p.m.Wednesday Imsak 4:27 a.m. Subuh 4:37 a.m.

KL to amend drugs laws

KL to amend drugs laws KUALA LUMPUR (AFP): Malaysia's government is to amend laws in March to enable owners and managers of nightclubs to be prosecuted if drugs are found on their premises, reports said yesterday.

Not all expats here to exploit

Not all expats here to exploit I am writing to give another point view on the letter (Jan. 31) written by Mr. Bahariawan K.T., which said that "if expats don't like the conditions here, they are free to decide what is best for them.

Myanmar's junta on red alert against dissent

Myanmar's junta on red alert against dissentBy Rajan Moses YANGON (Reuter): Myanmar's military remains firmly in control of the country but is on full alert against any surprise dissent from restless students, young Buddhist monks and the opposition led by Aung San Suu Kyi, analysts said on Sunday.

Indonesia willing to face Portugal on E. Timur at UN

Indonesia willing to face Portugal on E. Timur at UN JAKARTA (JP): Indonesia is prepared to confront Portugal in the United Nations General Assembly over the question of East Timor, even to the point of voting on the issue, Minister of Foreign Affairs Ali Alatas said.

Merpati expands Singapore service

Merpati expands Singapore service SINGAPORE (JP): State-owned Merpati Nusantara Airlines has increased its services to Singapore by inaugurating return Jakarta-Singapore flights in a bid to grab a greater share of the regional air transport market.

Asahimas gets ISO 9002

Asahimas gets ISO 9002 JAKARTA (JP): Southeast Asia's largest glass manufacturer, PT Asahimas Flat Glassco., Ltd, has received ISO 9002 certification for the production and sale of automotive safety glass.

NISP first for capital gain

NISP first for capital gain JAKARTA (JP): The publicly listed Bank NISP was ranked first last year among 22 other public banks listed on the Jakarta Stock Exchange in terms of capital gain, the bank's Director Pramukti Surjaudaja said yesterday.

Mind Gym designed to relieve stress

Mind Gym designed to relieve stressBy Dini S. Djalal JAKARTA (JP): Hard day at work and thirsty for a stiff drink? Why suffocate in smoke-filled bars when you can have some fresh air instead?But before you rev up those country roads for a hilltop getaway, driving through two hours of traffic to...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 3, 1997: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,000 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 443,000 Alumindo Light Metal 1,350 0 554,000 Alumindo...

Bambang welcomes Brunei assistance for SEA Games

Bambang welcomes Brunei assistance for SEA Games JAKARTA (JP): The chairman of the 19th SEA Games underwriting consortium, Bambang Trihatmodjo, said yesterday he would not turn down any offers of assistance from Brunei Darussalam.

Indonesia refuses to discuss E. Timor at ASEAN-EU meet

Indonesia refuses to discuss E. Timor at ASEAN-EU meet JAKARTA (JP): Indonesia yesterday warned the European Union it would not discuss what it considers "extraneous issues" such as East Timor in next week's meeting between ministers of the EU and the Association of Southeast Asian Nations (ASEAN).

W. Java Moslem activist denies involvement in Tasikmalaya riot

W. Java Moslem activist denies involvement in Tasikmalaya riot JAKARTA (JP): A West Java Moslem activist has denied masterminding the Dec. 26 riot in Tasikmalaya and plans to publish his version of the incident.

More maternity hospitals needed

More maternity hospitals needed PADANG, West Sumatra: The head of the West Sumatra office of the Ministry of Health, Firdaus Bahauddin, said Saturday that the province still lacks hundreds of maternity clinics.

Trigger happy officer wanted

Trigger happy officer wanted JAKARTA (JP): Police are hunting for a police officer who shot a senior high school student on Sunday morning in Kemayoran, Central Jakarta.Central Jakarta Police Chief Lt. Col. M.

Sarawak shuts border over Indonesian racial unrest

Sarawak shuts border over Indonesian racial unrest KUALA LUMPUR (DPA): Malaysia's Sarawak state on Borneo island has shut all its border crossing posts with Indonesia following mounting racial tension in several Indonesian towns.

Government limits buyers of auctioned timber

Government limits buyers of auctioned timber JAKARTA (JP): The government yesterday issued a decree limiting the buyers of auctioned timber to state enterprises and members of forestry and sawmill associations.

No time off for stevedores during Idul Fitri holiday

No time off for stevedores during Idul Fitri holiday JAKARTA (JP): Stevedores at Tanjung Priok port will have to work during the Idul Fitri holiday to keep container handling activities moving at a normal pace, an official said yesterday.

Vatican message welcomes Idul Fitri

Vatican message welcomes Idul Fitri JAKARTA (JP): The Vatican yesterday sent a message of friendship and greeting to Moslems throughout the world as they prepared to celebrate Idul Fitri, the end of the Ramadhan fasting month which falls on Feb. 9 and Feb. 10.

Barrick says it is close to deal with Bre-X

Barrick says it is close to deal with Bre-XBy Benget Simbolon Tnb. LOS ANGELES (JP): Barrick Gold Corp. indicated here yesterday it would conclude agreements with Bre-X Minerals Ltd. and Indonesian local partners before the Feb.

Fewer Indonesians visiting Hong Kong

Fewer Indonesians visiting Hong Kong JAKARTA (JP): The number of Indonesian visitors to Hong Kong decreased last year despite an increase in foreign tourists to the island.Hong Kong Tourist Association (HKTA) data showed the number of Indonesian visitors to the island fell 5.

Telkomsel to spend big on sevice

Telkomsel to spend big on sevice JAKARTA (JP): PT Telkomsel, a global system for mobile communication (GSM) operator, will invest Rp 710 billion (US$300 million) this year to improve the quality of its services, an executive said yesterday.

Marriage won't stop Susi competing in All England

Marriage won't stop Susi competing in All England JAKARTA (JP): Despite her wedding on Feb. 23, Indonesia's top badminton player Susi Susanti said she was ready to compete in the women's singles at the All England championship in Birmingham from March 10 to March 15.

Two foreign firms bid for Bakrie's stake in Arutmin

Two foreign firms bid for Bakrie's stake in Arutmin JAKARTA (JP): PT Bakrie & Brothers is set to sell its shares in coal mining company PT Arutmin Indonesia in the second quarter of this year, the company's president said yesterday.

Bakrie signs yen loan

Bakrie signs yen loan JAKARTA (JP): Public firm PT Bakrie & Brothers signed Euro yen syndication loans worth 14 billion yen (US$115 million) yesterday.PT Bakrie & Brothers president Tanri Abeng said the loans would be used to finance the expansion of the firm's core business.