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Found 246,918 articles

Soeharto dismisses four BI directors

Soeharto dismisses four BI directors JAKARTA (JP): President Soeharto dismissed four Bank Indonesia directors and replaced them with two outsiders and two others from the central bank, according to a presidential decree issued yesterday.Presidential Decree No. 352/M 1997, dated Dec.

Chamber music hits right note in busy '97

Chamber music hits right note in busy '97By Gus Kairupan JAKARTA (JP): The classical music scene -- what was it like this past year? Quiet it wasn't. In fact, "busy" would be the appropriate word to describe it, though that doesn't necessarily translate into quality, does it?Where that is concerned...

Slower U.S. economic growth to take toll on greenback

Slower U.S. economic growth to take toll on greenback LONDON (Reuters): Slower growth in the U.S. and recovering European economies will take the steam out of a two-year uptrend in the dollar next year, currency analysts say.

Rumors aim 'to topple government'

Rumors aim 'to topple government' JAKARTA (JP): President Soeharto said yesterday rumors that his health was failing, he was dead, or that the Armed Forces were planning a coup, were aimed at destabilizing the economy and toppling the government.

Australia's immigration issue

Australia's immigration issue I appreciate your publication of a report on Dec. 9 regarding the Jakarta leg of Australian federal Parliamentarian Mr. Graeme Campbell's goodwill mission around Southeast Asia, on which I accompanied him.

Rupiah's meltdown brings about economic hardship

Rupiah's meltdown brings about economic hardshipBy Riyadi JAKARTA (JP): Economic recession and stagflation are looming in the wake of the rupiah's meltdown.After experiencing a high growth of over 6 percent per annum for more than 25 years, Indonesia's economy is projected to slump over the next...

Poet expresses Islamic views in painting expo

Poet expresses Islamic views in painting expoBy Yogita Tahil Ramani JAKARTA (JP): In one section of a hall, frames of 99 painstakingly inscripted Islamic definitions of the Almighty stare out, seemingly woven into colors on paper.

Asian currencies down in thin trading

Asian currencies down in thin trading SINGAPORE (Reuters): Asian currencies were mostly weaker in thin pre-holiday trade yesterday after Moody's Investors Service downgraded the sovereign debt of four countries -- three of them to junk bond status.

Production drop forces Bulog to import rice

Production drop forces Bulog to import rice JAKARTA (JP): The decrease in the country's rice production had forced the State Logistics Agency (Bulog) to import 100,000 tons of husked rice this year and would require more to be bought next year, Bulog's chairman Beddu Amang said yesterday.

Six killed in restaurant fire

Six killed in restaurant fire BANDUNG (JP): Sukamto, alias Hans, a seafood restaurant owner, died here yesterday morning with five of his employees in a fire that gutted his restaurant on Jl. Setiabudi.

How to overcome rupiah's weakness

How to overcome rupiah's weaknessFrom Media IndonesiaWhat are the causes of the rupiah's weak position? The answers are so varied that it is very difficult for the monetary authorities to arrive at a diagnosis which would permit them to make a decision.

Train kills five in Vietnam

Train kills five in Vietnam HANOI (AP): A speeding train slammed into a passenger bus in central Vietnam, killing five people and wounding ten others, police reported yesterday.The bus in Binh Dinh province, about 200 kilometers south of the central city of Danang, was passing over a rail crossing...

Logistics body told to open rice outlets in markets

Logistics body told to open rice outlets in markets JAKARTA (JP): City councilors urged the local logistic agency (Dolog Jaya) yesterday to open temporary rice outlets in 24 markets to control rising prices.

TV surprises in order for those staying home

TV surprises in order for those staying home JAKARTA (JP): For those still suffering the aftershock over the cancellation of party-till-two New Year's festivities (in view of Ramadhan) try not to lose heart.

Former legislator's trial postponed

Former legislator's trial postponed JAKARTA (JP): The South Jakarta District Court postponed yesterday the first hearing of the subversion trial of former legislator Sri Bintang Pamungkas following a fierce argument between the defendant and the prosecution.

Man arrested with heroin

Man arrested with heroin JAKARTA (JP): Police arrested a man in front of the Golden Truly department store on Jl. Tendean in South Jakarta for allegedly possessing 250 grams of heroin.City police spokesman Lt. Col. E.

Alleged serial killer's begins in N. Sumatra

Alleged serial killer's begins in N. Sumatra MEDAN, North Sumatra (JP): The Lubuk Pakam District Court in Deli Serdang regency began the trial yesterday of a shaman charged with the murders of 42 women.

Sense and sensitivity

Sense and sensitivity In facing the current monetary turmoil, the governments of Malaysia and Thailand have cut the salaries of their senior officials as an austerity measure and expression of solidarity with those hardest hit by the economic chaos.

Building houses in outskirt urged

Building houses in outskirt urged TANGERANG (JP): State Minister of Public Housing Akbar Tandjung encouraged private developers yesterday to build houses on the outskirts of the city due to a shortage of inner-city land.

Pierre Cardin in Vietnam

Pierre Cardin in Vietnam HANOI (AFP): French fashion retailer Pierre Cardin has found a new Vietnamese firm to manufacture and distribute its brand, after a bitter dispute with its previous partner over fakes, an official said yesterday.

Task force formed to help businesses

Task force formed to help businesses JAKARTA (JP): President Soeharto set up a special task force of three businessmen yesterday to represent the private sector in consultations with the government about ways of coping with the current economic crisis.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition: Pameran Akbar Seni Lukis '97 by Yayasan Pembela Tanah Air (YAPETA) at Diamond room, President Hotel, Jl. MH. Thamrin, Central Jakarta, until Dec. 24. * Painting Exhibition by I Made Djirna at Mon Decor Gallery, Jl. Gunung Sahari Raya No.

Moody's downgrades four country

Moody's downgrades four country HONG KONG (AFP): Moody's Investors Service said yesterday it had downgraded the foreign currency credit ratings of Indonesia, Malaysia, South Korea and Thailand in a fresh blow to the struggling Asian economies.

Bakrie & Brothers delays $2b in projects

Bakrie & Brothers delays $2b in projects JAKARTA (JP): Publicly listed PT Bakrie & Brothers, one of Bakrie Group's three holding companies, said yesterday the country's financial turmoil had prompted the company to delay or review expansion projects worth US$2 billion.

Rescue workers search for clues to crash

Rescue workers search for clues to crashBy Budiman Moerdijat PALEMBANG, South Sumatra (JP): Indonesian and Singaporean minesweepers began combing the waters around the Musi River estuary yesterday in an attempt to locate the main fuselage of the SilkAir plane which crashed Friday.Col.

The President's dedication

The President's dedication The economy of Indonesia is in a free-fall. Each day more and more Indonesians lose their jobs. Each day essential commodity prices go higher and higher while the rupiah drops lower and lower.

S. Korea cancels gas deals with RI

S. Korea cancels gas deals with RI NICOSIA (Reuters): South Korea's economic crisis has forced Korea Gas Corp (KOGAS) to cancel gas supply deals from the United Arab Emirates and Indonesia, the Middle East Economic Survey (MEES) newsletter reported yesterday.

Governor Palaguna wins another term

Governor Palaguna wins another term UJUNGPANDANG, South Sulawesi: Incumbent Maj. Gen. (ret) H.Z.B. Palaguna won the majority of votes in the governor election at the provincial legislative council here yesterday.

Rupiah and stock prices gain ground

Rupiah and stock prices gain ground JAKARTA (JP): The rupiah and stock prices gained ground in thin trading yesterday, with most investors on the sidelines.Currency dealers said the spot rupiah ended at 5,050/5,250 at the close yesterday against an opening of 5,150/5,250 in the morning session.

Experts join call for greater govt transparency

Experts join call for greater govt transparency JAKARTA (JP): The government is bracing itself for the New Year with mounting pressure for greater transparency in tackling the economic crisis.Jusuf Wanandi, Johanes Kristiadi and Mari Pangestu, all from the Centre for Strategic and International...

A night with Kris

A night with Kris JAKARTA (JP): Pop singer-cum-model Kris Dayanti will perform at Fashion Cafe on Thursday, singing her hits and giving a sneak preview of her next album which will be launched next year.Kris will be accompanied by the Audiensi Band.

Navy cadets sail to Australia

Navy cadets sail to Australia SURABAYA, East Java: Eighty cadets of the Navy Academy (AAL) were farewelled by AAL Governor Maj. Gen. Sudarsono Kasdi for a sailing trip to Australia aboard the K.M. Dewa Ruci training ship in a program called "Kartika Jala Krida 1998" in a ceremony here Sunday.

Fewer Indonesians study in Germany

Fewer Indonesians study in Germany SEMARANG, Central Java: Fewer Indonesian students are studying in Germany, causing concern on the part of the German government, State Minister of Research and Technology B.J. Habibie said here Saturday.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 22, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 650 0 0 AHAP Insurance 400 0 0 Alter Abadi 425 25 2,000 Alumindo Light Metal 250 50 2,516,500 Alumindo...

Preventing osteoporosis can be cheaper: Expert

Preventing osteoporosis can be cheaper: Expert YOGYAKARTA (JP): A health expert says women can prevent osteoporosis in ways cheaper than consuming the widely advertised calcium-rich milk products.Ahmad Husain Asdie, a professor at the Gadjah Mada University's School of Medicine, was commenting on...

ISO 90O2 for Astra Graphia

ISO 90O2 for Astra Graphia JAKARTA (JP): Document services business group PT Astra Graphia has gained ISO 9002 certification from Lloyd's Register Quality Assurance.Astra received the certification from the accreditation institution last Thursday.

Kaimoeddin extends tenure as governor

Kaimoeddin extends tenure as governor KENDARI, Southeast Sulawesi: President Soeharto has approved the extension of the tenure of the incumbent Governor of Southeast Sulawesi La Ode Kaimoeddin for another five years.

Search efforts bear little fruit

Search efforts bear little fruit JAKARTA (JP): A minesweeper and sonar equipment will be used today to search for the submerged fuselage of the SilkAir airplane which crashed in South Sumatra, after efforts by divers over the weekend only recovered body parts and fragments from the wreckage.

Penney's failure blamed on inept concept

Penney's failure blamed on inept concept JAKARTA (JP): The failure of American high-end retail chain JC Penney in Indonesia was caused by an unsuitable marketing concept rather than the country's monetary crisis, an observer said.

Team established to probe property mismanagement

Team established to probe property mismanagement JAKARTA (JP): The city municipality in cooperation with the National Land Agency has set up a special team to probe malfeasance that has led to the "disappearance" of several city properties, according to an official.

Tutut may get 'more important' position than VP, says scholar

Tutut may get 'more important' position than VP, says scholar JAKARTA (JP): Golkar leader Siti Hardiyanti Rukmana might have refused some people's motion to nominate her for the vice presidency, but it is likely she will gain a politically more important position, a scholar says.

Gold prices ease in line with rupiah's trend

Gold prices ease in line with rupiah's trend JAKARTA (JP): Gold prices eased over the weekend after reaching a high of Rp 47,000 per gram on Wednesday as most people sold their gold to profit in the bullish market.

Tourism academy graduates 2,041

Tourism academy graduates 2,041 JAKARTA (JP): The privately run Trisakti Tourism Academy graduated 2,041 of its students in a ceremony Saturday at the Jakarta Convention Center.Bambang Sumarsono, coordinator of the academy, said in a statement that almost 60 percent of graduates have already been...

Garuda operates 55 extra flights during holidays

Garuda operates 55 extra flights during holidays JAKARTA (JP): National air carrier Garuda Indonesia will operate 55 extra flights from Jakarta to three overseas and five domestic destinations to anticipate an increase in passengers during the Christmas and New Year's holidays.

Residents destroy, burn food stalls

Residents destroy, burn food stalls TANGERANG (JP): About 300 angry residents of Pondok Jaya in Pondok Aren damaged and burned over the weekend a number of food stalls which they believed to have been used for prostitution and selling alcohol.

Ronny wins Star Mild drag race

Ronny wins Star Mild drag race JAKARTA (JP): Ronny Hermawan won the FFA category of the Star Mild drag race at the Senayan East parking lot early yesterday.Ronny clocked 7.630 seconds and was followed by Herry Agung with a time of 8.350 seconds and Pratikto Singgih in 8.730 seconds.

PNG to purchase arms from RI

PNG to purchase arms from RI KUPANG, East Nusa Tenggara: Indonesian Armed Forces Commander Gen. Feisal Tanjung said here Saturday that Papua New Guinea (PNG) is planning to purchase arms from Indonesia.

RP to beef up coast security

RP to beef up coast security MANILA (AFP): The Philippines is adding more vessels and patrol boats to beef up security along its coasts, a presidential palace statement said yesterday.Some 14 vessels worth US$39.

TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Cartoon Film: The Big Valley 3:10 TV Drama: Ratna 3:35 Belief in God the Almighty 4:00 Regional News 4:30 Health Program: Kesehatan Keluarga 5:00 Indonesian Lessons 5:25 Variety Show 5:30 Documentary Film 6:00 News: Lintasan Berita 6:05...

Freeport has option to acquire Iriana Mutiara

Freeport has option to acquire Iriana Mutiara NEW ORLEANS (Reuters): Freeport-McMoRan Copper & Gold Inc said Friday it has a letter of intent with the owners of PT Iriana Mutiara Mining providing Freeport with an option to acquire a 90- percent ownership interest in the Indonesian company, which...