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Found 246,918 articles

Investors' return needed to boost rupiah

Investors' return needed to boost rupiah Despite an economic reform package, the rupiah's value has continued to nosedive. Economist Sri Mulyani Indrawati of the University of Indonesia discusses the recent monetary development.

Soesilo, first and foremost a fighter

Soesilo, first and foremost a fighter Soesilo Soedarman, coordinating minister for political and security affairs since 1993, was known as a fighter throughout his public life.Born in a village near Cilacap in Central Java in 1928, he abandoned a prestigious high school seat in 1945 to join -- as...

Albert Paruntu named Asiad training director

Albert Paruntu named Asiad training director JAKARTA (JP): The National Sports Council chairman, Wismoyo Arismunandar, has appointed Albert Paruntu, an official of the Indonesia Karatedo Federation, as the country's 13th Asian Games training director.

'Burung Gelatik' teaches freedom's way for kids

'Burung Gelatik' teaches freedom's way for kids JAKARTA (JP): A pioneer in Indonesian children's music, Sarijah Bintang Soedibio, better known as Ibu Sud, has advocated allowing children the freedom to express themselves.

'Chaebol' conglomerates on global shopping lists

'Chaebol' conglomerates on global shopping listsBy Frederic Garlan SEOUL (AFP): South Korea's struggling "chaebol" conglomerates need money desperately and their dire circumstances are attracting a host of potential suitors from around the world.

Suit on Jamsostek's directors questioned

Suit on Jamsostek's directors questioned JAKARTA (JP): Judges from the Jakarta State Administrative Court yesterday began studying the legality of the class action suit against the misuse of funds by PT Jamsostek directors.

Curb measure on CPO export explained

Curb measure on CPO export explained JAKARTA (JP): The government announced yesterday full details of its new measure to curb exports of palm oil and related products, in a bid to stabilize the commodity's local prices.

Workers demand bigger bonuses

Workers demand bigger bonuses TANGERANG (JP): Hundreds of workers from a steel factory on Jl. Raya Serang in Tangerang went on strike yesterday, demanding bigger bonuses.PT Jakarta Steel Perdana Industri workers demanded that the company double the annual bonuses which are equal to one month's...

Ajib retains WBF junior title

Ajib retains WBF junior title JAKARTA (JP): Indonesia's Ajib Albarado retained his World Boxing Federation junior welterweight title against Umnard Sukhathai of Thailand in a bout here Wednesday night.The Thai's coach Thakoon Pongsupha threw the towel into the ring after Umnard fell for the sixth...

Fress fighting flares on Cambodian border

Fress fighting flares on Cambodian border SAMRONG, Cambodia (Agencies): Morale among resistance fighters was reportedly wavering yesterday as troops loyal to Cambodian leader Hun Sen renewed assaults against their positions.

Riot suspect sent to jail

Riot suspect sent to jail TASIKMALAYA, West Java: Agustiana Suryana, 32, was sentenced yesterday to eight years in prison for instigating a riot here last December, Antara reported.Presiding Judge A. Munaf Djubaedi of the Tasikmalaya District Court said Agustiana was found guilty of subversion,...

Riot breaks out in S'pore boys' home

Riot breaks out in S'pore boys' home SINGAPORE (DPA): Fourteen teenagers were hospitalized after a riot broke out at a Singapore boys' home, reports said yesterday.At least three riot police vans were sent to Clementi Boys' Town after fighting broke out about 8 p.m.

Let govt overcome crisis: Harmoko

Let govt overcome crisis: Harmoko JAKARTA (JP): House Speaker Harmoko is surrendering all decision-making on the Indonesian monetary crisis to the government, including on whether officials should take pay cuts as an austerity measure."Let's leave it to the executive branch.

Police hunt killer of 'Ojek' driver

Police hunt killer of 'Ojek' driver JAKARTA (JP): An ojek (motorcycle taxi) driver was found dead with four gashes in his abdomen, chest and face Wednesday evening on a road in Cikarang, Bekasi, east of here.

Don't fish in murky waters: Soeharto

Don't fish in murky waters: Soeharto JAKARTA (JP): President Soeharto, attending his first state function in nearly a fortnight, told people not to fish in murky waters by taking advantage of the currency crisis.

Paintings go on sale

Paintings go on sale YOGYAKARTA: Art lovers should rush to Semarang, Central Java, as 600 paintings by 72 artists will be sold at bargain prices in an attempt to stimulate public interest and appreciation of the arts.The paintings will be on sale until Jan. 17 at Pasaraya Sri Ratu in Semarang.

The Listening Post

The Listening Post * Internet banking in Indonesia: Bank Papan Sejahtera and Lotus Development Corporation have agreed to collaborate on a range of computer network services for Papan depositors and lenders.

No New Year's Eve parties in Bogor

No New Year's Eve parties in Bogor BOGOR (JP): The city administration has banned the public from holding big parties on New Year's Eve as it coincides with the start of Ramadhan, the fasting month, an official said yesterday.

Newsprint will be sold in rupiah

Newsprint will be sold in rupiah JAKARTA (JP): The Association of Indonesian Pulp and Paper (APKI) and the Association of Indonesian Newspaper Publishers (SPS) agreed yesterday that newsprint will be sold in rupiah, not in U.S. dollars as was the custom.

Javanese dance puts women's roles in context

Javanese dance puts women's roles in contextBy Helly Minarti JAKARTA (JP): After a hiatus from performances in the last two years, Deddy Dance Company returns with two genres of Javanese dance brought into a sharp modern focus.

Where to go in Surabaya:

Where to go in Surabaya:Music and Entertainment * Sheraton Hotel, Jl. Embong Malang 25-31: - Bongo's Fun Pub & Restaurant: The Brilliant Creatures band performance, Tuesday to Sunday, 8:30 p.m. to 1 a.m. - Kawi Lounge: the Hip Fidelity Duo, Monday to Saturday, 8 p.m. to 12 midnight.

Fitch IBCA may cut RI's debt ratings

Fitch IBCA may cut RI's debt ratings NEW YORK (Reuters): International rating agency Fitch IBCA said Wednesday it may cut Indonesia's BBB-minus long-term foreign currency rating and F3 short-term rating because of political and policy uncertainty.

Monetary turmoil deals heavy blow to laborers

Monetary turmoil deals heavy blow to laborers JAKARTA (JP): The monetary crisis has put the brakes on many city projects, leaving an untold number of construction workers jobless, homeless and starving.

The rupiah

The rupiahFrom NeracaI am a columnist and I join those who are concerned about the fall of the rupiah. In my opinion, it is no longer an economic problem but is derived from speculations which will destroy the achievements of our country's development.

Economic reform needed

Economic reform neededFrom MerdekaThere was an interesting hypothesis in the Dec. 5 editorial of Merdeka: "If the monetary crisis comes as an uninvited guest, then the first to be held accountable for that is the government of the country concerned.

Assembly okays draft on human rights

Assembly okays draft on human rights JAKARTA (JP): A People's Consultative Assembly team completed a draft on human rights protection yesterday to be incorporated in the 1998/2003 State Policy Guidelines.

TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: Tom and Jerry Kid 3:10 Children's Program: Tunas 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Student's Quiz: Cerdas Cermat 5:10 Documentary Film: Science World 5:30 Music: Paket 27 6:00 News: Lintasan Berita 6:05...

JC Penney's final sale attract bargain hunters

JC Penney's final sale attract bargain hunters JAKARTA (JP): Hundreds of bargain hunters have flocked to JC Penney outlets in Jakarta and Tangerang to take advantage of huge discounts following the company's decision to close down its Indonesian operation.

Canada's Paul hopes to win Super Car series at Sentul

Canada's Paul hopes to win Super Car series at Sentul JAKARTA (JP): Canadian Robert J. Paul is hopeful of winning the Super Car title at the Sentul circuit, near Bogor, on Sunday.If Paul wins, he will have won two titles this year after winning the 1997 national drag race series.

Road to be widened in Bintaro Jaya

Road to be widened in Bintaro Jaya JAKARTA (JP): The City Council has urged Jaya Real Property, the developer of the Bintaro Jaya housing complex in South Jakarta, to broaden Jl. Cempaka connecting the complex and a major road in the area to help ease traffic congestion.

Thai private sector debt runs to $72b

Thai private sector debt runs to $72b BANGKOK (AFP): Thailand's private sector foreign debt stands at $72 billion, with about 50 percent of the sum owed to Japanese creditors, Finance Minister Tarrin Nimmanahaeminda said yesterday.

Bus accident kills 4 people, injures 5 others

Bus accident kills 4 people, injures 5 others JAKARTA (JP): At least four people were killed and five others injured when a speeding, overloaded minibus hit a shelter at a bus stop in Tanjung Duren district, West Jakarta, yesterday morning.

Asian dilemma bites into Australia

Asian dilemma bites into Australia SYDNEY (AFP): Australia's economy trembled in the face of Asia's entrenched economic crisis yesterday as the tourism and education sectors weakened alarmingly and the dollar was tipped to plunge to a 10-year low."The Aussie dollar has fallen by so much so quickly..

Cardinal says have 'a simple' Christmas

Cardinal says have 'a simple' Christmas JAKARTA (JP): Jakarta's Archbishop, Cardinal Darmaatmadja, called on Catholics in the capital to celebrate Christmas in simple but solemn ceremonies.Echoing an earlier message from the Indonesian Bishops Conference the cardinal appealed to Catholics to show...

National economy concept

National economy conceptFrom MerdekaI was impressed when I read a series of articles in Merdeka (Nov. 18 through Nov. 25) written by well-known scholar Kwik Kian Gie, who presented the articles in good language.

Conversion Rates

Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) conversion rates on Dec.17, 1997: Buying Selling Rp Rp U.S dollar 5,300.00 5,900.00Austrian shilling 421.10 483.70Australian dollar 3,561.90 3,820.90Belgian franc 147.40 160.50Canadian dollar 3,816.10 4,064.20Swiss franc 3,779.

Casas' matchplay victory sets up clash against friend

Casas' matchplay victory sets up clash against friendBy Bobby Alan Wilson CLARKFIELD, Philippines (JP): Filipino Felix Casas defeated America's Gerry Norquist yesterday in the first round of the Volvo Asian Matchplay to set up an exciting second-round draw against his in-form compatriot and friend...

On transforming the nation into a new society

On transforming the nation into a new society Leadership succession has been an on-and-off issue in Indonesian politics. Moeslim Abdurrahman, a political observer and Ph.D. candidate in anthropology at the University of Illinois in the United States, discusses the issue linked with political...

Monkey shipment embargo lifted

Monkey shipment embargo lifted PARIS (Reuters): French animal rights association Aequalis said Air France Cargo had lifted its embargo, imposed in June 1997, on the shipment of monkeys from Indonesia.A flight carrying monkeys destined for the U.S.

Capital controls can have negative impact

Capital controls can have negative impact JAKARTA (JP): Imposing capital controls as a way of preventing the financial turmoil in Indonesia from worsening would negatively impact the economy, a veteran economist says.

TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Children's Film 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Traditional Performance: Gebug Ende 5:00 Arabic Lessons 5:30 Children's Program: Bermain Musik 6:00 News: Lintasan Berita 6:05...

Cancellation of property projects may continue

Cancellation of property projects may continue JAKARTA (JP): Tough times will continue to shade the property sector in the capital for the next 18 months due to the currency upheaval, with more postponed or canceled projects and less demand, according to a property consultant firm.

JP Morgan top house in Asia

JP Morgan top house in Asia HONG KONG (Reuters): U.S. investment bank JP Morgan is the top house in Asian derivatives, a survey by the financial risk management publication Asia Risk said yesterday.The bank snatched top position from Chase Manhattan, which ranked first in 1995 and 1996, Asia Risk...

Satelindo's response

Satelindo's response I would like to thank The Jakarta Post for printing my letter Satelindo saga in its Dec. 10 edition. The letter was a positive catalyst in this matter.The letter was certainly seen by Satelindo and they have responded very positively.

Mobile phone users slam poor service

Mobile phone users slam poor service JAKARTA (JP): Service providers for the popular mobile phone were the third most complained about sector this year, ranking behind housing and banking, according to the Indonesian Consumers Foundation (YLKI).

A pedicab and modern Mona Lisa turn up at ceramic display

A pedicab and modern Mona Lisa turn up at ceramic displayText and photos by Stevie Emilia JAKARTA (JP): Seeds of inspiration can come from anywhere, and notoriously poor public transportation services get ceramicist Sri Hartono's creative juices flowing.

Have the markets gone mad?

Have the markets gone mad?By C.J. de Koning JAKARTA (JP): Have markets gone mad on the rupiah? This is a valid question when a depreciation of 5 percent to 10 percent per day occurs. There are two ways to look at the markets. The first one is through the valuation of assets.

Recruitment fraud

Recruitment fraudFrom NeracaEarlier this month, 13 young men came to the Telkom office on Jl. Gatot Subroto, South Jakarta. They had apparently been deceived while trying to find employment in this office.

Nondenominational faiths put in religious affairs

Nondenominational faiths put in religious affairs JAKARTA (JP): The People's Consultative Assembly ad hoc committee deliberating the draft 1998/2003 State Policy Guidelines agreed yesterday to admit the controversial issue of nondenominational faiths in the religious affairs section.

President Soeharto ready to resume state duties

President Soeharto ready to resume state duties JAKARTA (JP): After resting for about 10 days, Soeharto will resume his state duties at Merdeka Palace today by leading a Military Academy graduation.But Minister/State Secretary Moerdiono refused to say whether this meant that Soeharto had ended his...