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Found 22,231 articles

Some 22 SOEs suffer US$2.4 billion in losses

Some 22 SOEs suffer US$2.4 billion in losses JAKARTA (JP): Director general of state-owned enterprises (SOEs) I Nyoman Tjager said on Wednesday that some 22 SOEs suffered combined financial losses of Rp 27.78 trillion (US$2.40 billion) last year.

Trial of SIRA activist adjourned

Trial of SIRA activist adjourned BANDA ACEH (JP): The controversial trial of activist Muhammad Nazar opened on Wednesday at the Medan District Court in North Sumatra with an immediate adjournment because both the defendant and the prosecutor failed to appear.

Padang, Tonasa spin-off setback to govt program

Padang, Tonasa spin-off setback to govt program JAKARTA (JP): The spin-off of PT Semen Padang and PT Semen Tonasa from publicly-listed PT Semen Gresik will be a major setback to the government's state enterprises development plan, experts have said.

Gus Dur keeps playing with power

Gus Dur keeps playing with powerFrom Rakyat MerdekaIn an effort to increase his popularity, President Abdurrahman "Gus Dur" Wahid called on the people to contribute input to him on the concept of total reform.

Akbar Tandjung a suspect in land scam, say police

Akbar Tandjung a suspect in land scam, say police JAKARTA (JP): The police have found indications of the commission of a crime in an alleged land scam linked to House of Representatives Speaker and Golkar Party chairman Akbar Tandjung, National Police Spokesman Brig. Gen.

Tanri supports controversial EGP agreement

Tanri supports controversial EGP agreement JAKARTA (JP): Former Bank Bali president Rudy Ramli testified on Wednesday that Tanri Abeng, the then state minister of investment and state enterprise development, had warned him not to cancel the banks' controversial agreement with PT Era Giat Prima (PT...

Bali Tourism Board has crucial role to play

Bali Tourism Board has crucial role to play DENPASAR, Bali (Antara): The Bali Tourism Board (BTB) must be able to play its role as a strategic planner of tourism in Bail, given the fact that owing to internal and external factors the survival of the tourist industry in this province is precarious...

C. Java to host junior c'ships

C. Java to host junior c'ships SEMARANG (JP): Teenagers are invited to compete in the sixth Gotong Royong Cup junior national tennis championships at Sasana Ambirawa Raga here from March 12 to March 18.

What Middle East means to RI

What Middle East means to RIBy Riza Sihbudi JAKARTA (JP): President Abdurrahman Wahid is scheduled soon to visit a number of Middle East countries including the United Arab Emirates and Saudi Arabia. This trip to the volatile region would be his third during the one and a half years of his...

Indonesia scores 13-9 upset over Thailand

Indonesia scores 13-9 upset over Thailand JAKARTA (JP): Host Indonesia upset Thailand 13-9 in day-four action at the fourth Asian Cup Baseball Championship at Bung Karno Baseball Stadium in Senayan, Central Jakarta, on Wednesday.Neither team scored in the first inning.

Careless BNI staff

Careless BNI staffFrom KompasWe are clients at BNI's Cibubur Branch. On Dec. 22, 2000, when we were about to withdraw some money we discovered that funds in two accounts had already been withdrawn by an unknown person, amounting to Rp 10 million and Rp 7.8 million from BNI's Margonda Branch, Depok.

The illusion of political supporters

The illusion of political supporters Political analyst J. Soedjati Djiwandono shares his views on a "new blend" of Indonesian politics. JAKARTA (JP): Institution building should be an essential part of the reform process.

Banpu ups RI coal production

Banpu ups RI coal production BANGKOK (AFX-ASIA): Banpu Plc president Chanin Vongkusolkit said he expects second half consolidated revenue to come in at 2.90 billion baht."The company plans to produce 1.

Special court to try graft cases

Special court to try graft cases JAKARTA (JP): President Abdurrahman Wahid fired another shot in the battle against corruption on Wednesday, approving the establishment of a special court to try graft cases.

Govt fears IMF may slow aid over BI law reform

Govt fears IMF may slow aid over BI law reform JAKARTA (Agencies): Indonesia's Finance Minister Prijadi Praptosuhardjo said on Wednesday he was worried the International Monetary Fund (IMF) might further hold up loans after the House of Representatives and the government agreed to delay debate on a...

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 21, 2001: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,775 -25 124,000 Adindo Foresta Indonesia 130 0 61,500 Alakasa Industrindo 190 0 0 Alfa...

Shots fired at lawyer's office

Shots fired at lawyer's office JAKARTA (JP): Unidentified people fired shots at the office of lawyer Frans Hendra Winarta on Jl. Kelapa Gading Boulevard, North Jakarta, on Wednesday evening, breaking the windows.Frans, who arrived at the office at about 8 p.m.

House's legislative body to submit 4 draft laws

House's legislative body to submit 4 draft laws JAKARTA (JP): The Legislative Body of the House of Representatives (DPR) will submit four draft laws on the presidency, the regulation-making process, child protection and the banking credit system to the House speakers next week, a legislator said on...

Eight men steal bus in Bekasi

Eight men steal bus in Bekasi JAKARTA (JP): Eight men hijacked a bus on Jl. Cut Meutia near Bekasi bus terminal on Tuesday night before it reached the terminal.Armed with machetes and sickles, the gang boarded the Agung Bhakti bus plying Bekasi-Pulogadung route at 11 p.m.

IBRA, Marubeni fail to reach agreement on debt

IBRA, Marubeni fail to reach agreement on debt JAKARTA (JP): Indonesian Bank Restructuring Agency (IBRA) chairman Edwin Gerungan said on Wednesday the agency had not yet reached an agreement with Japan's Marubeni Corp. on the restructuring of petrochemical giant PT Chandra Asri's foreign debt.

Sutiyoso accused of siding with management

Sutiyoso accused of siding with management JAKARTA (JP): Members of the Shangri-La Hotel labor union came to the City Hall on Wednesday to question Governor Sutiyoso's alleged siding with the hotel management in its protracted labor dispute with employees.

Marzuki's charade

Marzuki's charade No sooner after President Abdurrahman Wahid had pledged "zero tolerance" for past corruptors this month, the Attorney General's Office went into full gear to prosecute top business leaders and government officials for their alleged past misdeeds.

On-line oil bid

On-line oil bidCorrection: The website address to submit on-line bids for the oil block tenders as appeared in The Jakarta Post article on Page 12 of the Feb. 21, 2001 issue should have read: www.indigopool.com instead of www.INDIGO.pool.com. We apologize for the error. -- Editor

Niarta JasaNet launches e-market for exporters

Niarta JasaNet launches e-market for exporters JAKARTA (JP): PT Niarta JasaNet, a local dotcom company, launched on Wednesday indoTradeCenter.com, a B2B e-market for Indonesian exporters to meet foreign buyers through the Internet.

Megawati meets with Singapore leader

Megawati meets with Singapore leader SINGAPORE (AFP): Indonesian Vice President Megawati Soekarnoputri met with Singapore Prime Minister Goh Chok Tong on Tuesday at the start of a two-day working visit, officials said.

RP police find 2 trillion $ of fake US bonds

RP police find 2 trillion $ of fake US bonds MANILA (AFP): Philippine police on Tuesday said it has busted an international syndicate counterfeiting currencies and recovered some two trillion dollars worth of fake U.S. bond certificates.

Strong winds raise fish prices

Strong winds raise fish prices BANDUNG, West Java: The effects of strong western winds which have caused havoc on fishing in some northern coastal areas in Central Java is being felt all the way to Bandung.The price of fish has skyrocketed in the West Java capital.

National leaders will meet only with a clear agenda

National leaders will meet only with a clear agenda JAKARTA (JP): In response to calls for a reconciliatory meeting among members of the political elite, top national leaders said on Tuesday that they would agree to meet only if there was a certain agenda to discuss at the meeting.

Public vehicles told to use gas to curb pollution

Public vehicles told to use gas to curb pollution JAKARTA (JP): Public transportation vehicles in the capital will be required to use natural gas by the end of this year at the latest, State Minister of the Environment Sonny Keraf said on Tuesday.

Akbar ready for probe over alleged scam

Akbar ready for probe over alleged scam JAKARTA (JP): House of Representatives Speaker Akbar Tandjung said on Tuesday that he was ready to be questioned by the police in connection with a report about his alleged involvement in a land scam.

Oil holds steady bracing for possible OPEC cut

Oil holds steady bracing for possible OPEC cut LONDON (Reuters): Oil prices held firm on Tuesday amid growing expectations that the OPEC cartel could curb supplies again.London's Brent crude futures for April delivery traded one cent lower at US$27.30 a barrel. U.S.

Dialog vital to settle crisis, say observers

Dialog vital to settle crisis, say observers JAKARTA (JP): A solution to the country's myriad problems could be best sought through dialogs between members of the political elite, two foreign statesmen suggested on Tuesday.

Economy grew 4.77% in 2000, but growth may slow in 2001

Economy grew 4.77% in 2000, but growth may slow in 2001 JAKARTA (JP): The economy grew by 4.77 percent in 2000 after three years of recession, the Central Bureau of Statistics (BPS) reported on Tuesday.But BPS said that the economy, as measured by gross domestic product (GDP), declined by 0.

Govt to open oil block tenders next month

Govt to open oil block tenders next month JAKARTA (JP): The government plans to open the tender process for 23 new oil blocks next month, marking the government's first attempt in years to tender oil blocks, after it took over the task from state-owned oil and gas company Pertamina.

Indonesia sees sharp growth in feed production

Indonesia sees sharp growth in feed production SINGAPORE (Reuters): Indonesian feedmillers, buoyed by stronger than anticipated growth in demand last year, are hoping commercial feed output will bounce back to pre-economic crisis levels in 2002, a senior trade official said on Tuesday.

Hendri ready to clarify Davis Cup withdrawal

Hendri ready to clarify Davis Cup withdrawal JAKARTA (JP): Men's tennis player Hendri Susilo Pramono said he hoped to meet with Indonesian Tennis Association (Pelti) chairman Tanri Abeng to clarify his withdrawal from the Davis Cup team.

Big bites of hearty fare at the Aryaduta's JP Bistro

Big bites of hearty fare at the Aryaduta's JP Bistro JAKARTA (JP): After dealing with our taxi's engine trouble but saved by the exceptionally helpful driver, it was with a warm glow and renewed faith in the human spirit that we were shown to our table in the JP Bistro at Hyatt Aryaduta Jakarta.

Riau to accept 10 percent stake in CPP oil block

Riau to accept 10 percent stake in CPP oil block JAKARTA (JP): The Riau provincial administration said on Tuesday it would accept the central government's decision to give the province a 10 percent equity stake in the joint venture that will operate the Coastal Plain Pekanbaru (CPP) oil block.

Stock quotations on JSX

Stock quotations on JSXStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 20, 2001: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,800 0 384,000 Adindo Foresta Indonesia 130 5 85,000 Alakasa Industrindo 190 0 0 Alfa...

Eurico under house arrest in E. Jakarta

Eurico under house arrest in E. Jakarta JAKARTA (JP): The North Jakarta Prosecutors' Office transferred on Tuesday former East Timorese pro-Indonesia militia leader Eurico Guterres from state detention in Salemba penitentiary, Central Jakarta, to a house in East Jakarta where he will remain under...

Oil primary ASEAN energy to 2010

Oil primary ASEAN energy to 2010 SINGAPORE (Reuters): Oil will remain the main source of energy for Southeast Asia over the next decade, which is shaping up as a period of surging demand in the region, a senior industry official said on Tuesday.

Jianshe expects to gain 10% in market

Jianshe expects to gain 10% in market JAKARTA (JP): Chinese motorcycle producer PT PAN Jianshe Milinia Indonesia (PJMI) expects to gain a local market share of about 10 percent this year.PJMI president Henry Sung said that the Indonesian motorcycle market, which was predicted at about 1.

Ricky, Antonius quit badminton center

Ricky, Antonius quit badminton center JAKARTA (JP): Ricky Achmad Subagdja, a gold medalist at the 1996 Olympics, and bronze medalist Antonius Budi Arianto resigned from the Indonesian Badminton Center effective on Feb. 17.

European Parliament vows support for Indonesia

European Parliament vows support for Indonesia JAKARTA (JP): Visiting envoys of the European Parliament began on Tuesday a visit aimed at exploring what the parliament can do to help Indonesia develop democracy, empower the people and establish good and clean governance, specifically at provincial...

IBRA files suit against Hashim

IBRA files suit against Hashim JAKARTA (Reuters): The Indonesian Bank Restructuring Agency (IBRA) filed a bankruptcy suit against well-connected businessman Hashim Djojohadikusumo on Tuesday over his failure to repay over US$500,000 owed by one of his companies, court papers said.

Body of Japanese tourist flown home

Body of Japanese tourist flown home DENPASAR, Bali: The body of Japanese tourist Teruo Sueda, 58, was flown back to Japan on Tuesday after being kept for three days at Denpasar General Hospital's morgue, Antara reported on Tuesday.

U.S. recalls chicken exports

U.S. recalls chicken exports WASHINGTON (Reuters): Tyson Foods Inc. said on Monday it was recalling 1,150 tons (1,040 tons) of cooked chicken tenderloins and breast strips because the products may have been underprocessed and could cause foodborne illnesses.

Governors now more accountable

Governors now more accountable JAKARTA (JP): The government has issued a new regulation that authorizes city councils to demand the accountability of the governor at any time they deem necessary, an official said on Tuesday.The regulation No.

Volcano alert in Tomohon

Volcano alert in Tomohon MANADO, North Sulawesi: Residents of Tomohon, some 25 kilometers north of Manado, are becoming increasingly alarmed due to the increasing volcanic activity of Mt. Lokon and Mt. Mahawu.

Local investor backs bid for KPC stake

Local investor backs bid for KPC stake JAKARTA (JP): East Kalimantan said on Tuesday that a local investor was backing the province's bid to acquire a 51 percent stake in foreign owned coal mining company PT Kaltim Prima Coal (KPC) operating in the province.