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Found 246,918 articles

ANZ starts emerging markets fund

ANZ starts emerging markets fund LONDON (Reuter): ANZ Investment Bank said on Monday it had launched a new emerging market's local currency debt fund.It said the open-ended fund, ANZ Local Currency Debt Portfolio, was targeted at institutions and sophisticated investors globally and would invest in...

Andrian rejoins national team today

Andrian rejoins national team today JAKARTA (JP): The Indonesian Tennis Association has confirmed that it will let Andrian Raturandang return to the Davis Cup team and the 19th SEA Games training.Benny Mailili, an official of the association's National Tennis Board, said yesterday that Andrian...

SSE to introduce new system to boost trade

SSE to introduce new system to boost trade JAKARTA (JP): The Surabaya Stock Exchange (SSE) will introduce a new trading system today to boost trade.SSE's president, Isakayoga, said yesterday the new trading system, called continuous auction, would enable dealers to trade directly through on-line...

Open heart surgery in Bali

Open heart surgery in Bali DENPASAR, Bali: The Sanglah General Hospital received Friday a Rp 4.7 billion cardiac surgical machine from the Harapan Kita Cardiac Hospital Foundation in Jakarta.Antara reported that the sophisticated equipment was donated under a cooperation between the Denpasar...

Soeharto's smile gives nothing away

Soeharto's smile gives nothing away JAKARTA (JP): A smile is the only response one will likely get from President Soeharto to the question whether civil servants and Armed Forces (ABRI) personnel will see their wages increased this year.State Minister of Administrative Reforms T.B.

Rescue program returns orangutan to forests

Rescue program returns orangutan to forestsBy Yenni Kwok JAKARTA (JP): One of Willie Smits' jobs is returning orangutans that have been kept as pets to the rain forests of Kalimantan.The rescue program, based at the Wanariset Forest research station in East Kalimantan, is part of the larger...

Kiss of life for Asia's energy futures

Kiss of life for Asia's energy futuresBy P. Parameswaran SINGAPORE (AFP): Asia is moving closer to having a safety-net against oil-price volatility with the impending revival of the region's sole energy futures contract and plans to introduce more hedging mechanisms, analysts say.

Hanbo's bankruptcy

Hanbo's bankruptcyFrom MerdekaIt seems that Kim junior (Kim Hyun-chul) has forgotten that his beloved father, South Korean President Kim Young-sam, is a public figure. A state leader is the property of the people, he becomes a model of the public from the moment he is sworn in as president.

McDonald's Corp. lobbies ASEAN on farm reform

McDonald's Corp. lobbies ASEAN on farm reform SINGAPORE (Reuter): A senior official of U.S. hamburger giant McDonald's Corp. said yesterday that protectionist farm policies had driven up the cost of food in Southeast Asia.

Asian palm oil markets seen mixed

Asian palm oil markets seen mixed KUALA LUMPUR (Reuter): Asian palm oil markets were expected to be mixed this week with bearish technicals seen dampening Malaysian sentiment, while Singapore may recover due to a nearby supply tightness, regional traders said.

ARCO appraisal almost finished

ARCO appraisal almost finished SINGAPORE (Reuter): Atlantic Richfield Co (ARCO) aims to complete an appraisal program at its Irian Jaya gas field by the end of 1997, ARCO Asia Inc President Roger Truitt said yesterday.

Alter Abadi books profits

Alter Abadi books profits JAKARTA (JP): The listed kaolin producer PT Alter Abadi posted a net profit of Rp 36.38 billion (US$15.28 million) in 1996, up 33.8 percent compared to 1995's Rp 27.55 billion.

HK reassures Indonesia over travel documents

HK reassures Indonesia over travel documents HONG KONG (Reuter): Hong Kong authorities assured Jakarta yesterday that travel documents would remain valid after the British colony reverts to China, making it unnecessary to send home 60,000 Hong Kong people now working in Indonesia.

Five killed in bus crash

Five killed in bus crash MANADO, North Sulawesi: Five people were killed and five others injured, two of them critically, in a bus crash here Sunday night, a press report said yesterday.The accident happened at about 8:15 p.m.

Emission tests start again across the city

Emission tests start again across the city JAKARTA (JP): The third phase of vehicle emission tests began at five city sites yesterday, targeting 5,000 cars by Thursday, the head of the city environmental bureau said.

Mandela ends four-nation tour

Mandela ends four-nation tour KUALA LUMPUR (AFP): South African President Nelson Mandela left Malaysia's northern Langkawi island resort yesterday at the end of a successful five-day visit.During his four-nation tour of the Philippines, Brunei, Singapore and Malaysia, Mandela promoted South African...

Govt to loosen some restrictive campaign rules

Govt to loosen some restrictive campaign rules JAKARTA (JP): Following a torrent of criticism from the minority parties contesting the May 29 general election, the government agreed yesterday to loosen campaign regulations they had branded restrictive.

PT Lampung to buy three firms

PT Lampung to buy three firms JAKARTA (JP): PT Lampung Pelletizing Factory, a subsidiary of PT Dharmala Agrifood, will take over three commodity processing companies as part of the retructuring program of its parent firm.The takeover plan was approved in a shareholders meeting yesterday.

Lightning kills senior official

Lightning kills senior official JAKARTA (JP): Government officials mourned yesterday the death of Director General for International Trade Anang Fuad Rivai, who was killed by a lightening bolt while playing golf in Batam on Sunday.

Indonesia joins Australia's trade expo

Indonesia joins Australia's trade expo JAKARTA (JP): More than 40 businesspeople from 20 Indonesian companies will participate in Australia's Trade Expo 1997 in Melbourne from March 18 to March 20, a government official said yesterday.

Advice for Timorese youths

Advice for Timorese youths YOGYAKARTA: East Timor Governor Abilio Jose Osorio Soares called on youths in the former Portuguese colony to stop making an issue out of integration with Indonesia.East Timorese youths should stop concentrating on political, social and religious issues and focus instead...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 10, 1997: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,025 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 51,500 Alumindo Light Metal 1,225 0 97,500 Alumindo...

RI to produce more ceramic tiles

RI to produce more ceramic tiles JAKARTA (JP): Indonesia's production of ceramic floor and wall tiles is projected to increase to 200,000 million square meters this year from 170 million square meters in 1995, an official said here yesterday.

Customs office vows to maintain ship-side trucking

Customs office vows to maintain ship-side trucking JAKARTA (JP): Director General of Customs and Excise Soehardjo Soebardi has promised his party will maintain ship-side trucking of imported goods because it has ensured a smooth flows of goods.

Election tactics upset PPP

Election tactics upset PPP SURABAYA (JP): The United Development Party (PPP) accused the local administration yesterday of unfairly sidelining it in favor of its rival, the ruling Golkar group.PPP chairman Ismail Hasan Metareum branded the practice as violating "the morals and principles of fair...

Toll Road Card

Toll Road Card I would like to comment on the Kartu Langganan Tol (Toll Road Card), which I have been using since April 1996. So far, I have bought 22 of these cards for Rp 100,000 each. Seven of them have failed to complete transactions at the exit gate, with the following details:* two failed...

JSX share prices likely to bounce back

JSX share prices likely to bounce back JAKARTA (JP): The Jakarta Stock Exchanges (JSX) share prices are likely to bounce back this week as fears on a possible increase in U.S. interest rates subside.Securities analysts said the U.S.

Should embassies obey parking rules?

Should embassies obey parking rules? JAKARTA (JP): It is not yet clear if embassies in Jakarta will have to comply with a city regulation that requires all buildings to provide an adequate number of parking spaces for its employees and visitors.

Andrian may return to Games training

Andrian may return to Games training JAKARTA (JP): The Indonesian Tennis Association's chairman, Sarwono Kusumaatmadja, said Saturday that Andrian Raturandang, who was dismissed from the 19th SEA Games training camp because of his weak physical condition and undisciplined behavior, might be allowed...

Not voting would be sinful: Moslem group

Not voting would be sinful: Moslem group JAKARTA (JP): Moslems, who constitute about 90 percent of the Indonesian population, were urged yesterday to stay away from campaigns to boycott the May 29 general election.

Where to go in Jakarta:

Where to go in Jakarta:Music * Ancol Travelodge, Jl. Lodan Timur No. 7, Taman Impian Jaya Ancol, North Jakarta: - Jungles Restaurant; Pasar Malam, Keroncong and Kecapi Suling, Friday, 6 p.m. to 10.30 p.m., Dixie Band, Saturday, 6 p.m. to 10.30 p.m., Trio Band, Sunday, 12 p.m. to 3 p.m. - No.

Observers cautious over election monitoring plan

Observers cautious over election monitoring plan JAKARTA (JP): Observers hailed Saturday the government's plan to invite foreigners to observe the May 29 polls, but said the move did not guarantee a fair general election.

'Oil palm plant ban will not last long'

'Oil palm plant ban will not last long' JAKARTA (JP): The government's recent ban on new foreign investments in oil palm plantations will not last long, because a permanent restriction will contradict the free trade principles, an observer has said.

Busang's signal to investors

Busang's signal to investors After months of uncertainty, the Busang gold project in Indonesia's East Kalimantan has finally received official blessing.The project has had a racy recent history that is worth recounting.

Texmaco, SPIC tie up

Texmaco, SPIC tie up JAKARTA (JP): Indonesia's Texmaco Group and SPIC Ltd. Group of Madras, India, have signed a memorandum of understanding on cooperation in exporting to India US$300 million worth of plant machineries for textile and chemical industries.

Gus Dur accepts offer to join Israeli institute

Gus Dur accepts offer to join Israeli institute SURABAYA (JP): Abdurrahman Wahid, chairman of the country's largest Moslem organization Nahdlatul Ulama (NU), has accepted an offer to join the Jerusalem-based Simon Peres Institute.

Campaign contribution

Campaign contribution If some of the campaign contributions that the United States' Democratic and Republican parties have been returning to their donators these past few weeks could find its way to the United Development Party (PPP) and the Indonesian Democratic Party (PDI), the financial woes of...

Finding of temple ruins changes lives in Karawang

Finding of temple ruins changes lives in KarawangBy K. Basrie KARAWANG, West Java (JP): "Before newspapers and TV stations reported the finding of the temple ruins, I had never seen any cute city boys with fine clothes up close," said 15-year-old Nawiyah.

Training on AIDS coverage

Training on AIDS coverage YOGYAKARTA: An education, research and publishing center is holding a series of workshops on AIDS for broadcast journalists.In cooperation with the Ford Foundation, the Research, Education and Publication Agency (LP3Y)'s workshops will provide journalists with knowledge in...

What are the true meanings of subversion and unconstitutional?

What are the true meanings of subversion and unconstitutional?By Sirikit Syah SURABAYA (JP): Legal expert J.E. Sahetapy insisted recently that the Democratic People's Party activists currently on trial for subversion should not have been accused of treason because they did not initiate an armed...

S'pore soldiers killed in NZ

S'pore soldiers killed in NZ WELLINGTON (Reuter): Two Singaporean soldiers were killed and 12 soldiers were injured yesterday when an artillery shell exploded prematurely during a training exercise in New Zealand, an army spokesman said.

UN chief firmly behind solving East Timor issue

UN chief firmly behind solving East Timor issue LISBON (AFP): UN Secretary-General Kofi Annan is determined to make progress in resolving the problem of East Timor, his special envoy Jamsheed Marker said here after three days of talks with Portuguese officials.

50,000 join mass prayer in Madura

50,000 join mass prayer in Madura JAKARTA (JP): More than 50,000 East Java Moslems affiliated to Nahdlatul Ulama (NU) organization held a mass gathering in Bangkalan, Madura, Saturday to pray for religious harmony, peace and national unity.

Eight steal cash and cameras

Eight steal cash and cameras JAKARTA (JP): Eight men stole cash, a cellular phone and cameras worth Rp 70 million (US$29,166) from a Central Jakarta photo studio yesterday after overwhelming two security guards.

Siloam makes capital market debut

Siloam makes capital market debut JAKARTA (JP): PT Siloam Gleneagles Health Care (SGHC), a hospital firm affiliated to Lippo Group, is offering 47 million new shares at Rp 2,950 (US$1.23) each for three days until Wednesday to raise Rp 138.7 billion, said an executive.

Ten people die in dengue outbreak

Ten people die in dengue outbreak YOGYAKARTA: Ten people have died in a dengue outbreak over the past two months, according to local health office doctor Kristi Indarti.Antara quoted the doctor as saying 245 people from five regencies in Yogyakarta were affected by the disease.

Pupils poisoned in Bekasi

Pupils poisoned in Bekasi JAKARTA (JP): Several pupils in Bekasi, West Java, were poisoned Saturday by foodstuffs bought at vendors near their school.The pupils from four state-run schools were admitted to nearby hospitals and clinics.

$197m loan to Ratelindo

$197m loan to Ratelindo JAKARTA (JP): PT Radio Telephone Indonesia (Ratelindo), a private firm operating fixed-cellular radio telephones will sign today a US$197 million lending facilities.The loans will be provided by 12 international banks including Korea Development Bank, Bank of Taiwan, Fuji...

'Three-level transit system will not contradict subway'

'Three-level transit system will not contradict subway' JAKARTA (JP): Following announcements that a proposed subway has been given the green light by the government, a developer planning to build a three-level transit system said his company still intends to start the project on April 21.

Govt, Unicef to set up children's rights body

Govt, Unicef to set up children's rights body JAKARTA (JP): Ministry of Social Services and Unicef officials announced Saturday plans to establish the Child Protection Institute.Sudarmanto, of the ministry's social welfare development office, told a press briefing the concept for the institute...