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Found 17,070 articles

Central bank forecasts 1999 inflation at 2%

Central bank forecasts 1999 inflation at 2% JAKARTA (JP): Bank Indonesia is forecasting 2 percent inflation throughout 1999 if the domestic political situation improves following the Oct. 20 presidential election.

Locals protest MPR representatives

Locals protest MPR representatives PONTIANAK, West Kalimantan: A mob of local residents vandalized the provincial legislature building on Wednesday to protest what they called the unfair composition of representatives to the People's Consultative Assembly (MPR).

Shuttler Johan top seed in German Open

Shuttler Johan top seed in German Open JAKARTA (JP): Indonesia's Johan Hadikusuma is the top seed in the German Open, while compatriot Ronny Agustinus has been seeded third for the US$50,000 tournament which will run from Wednesday to Sunday in Bremen, Germany.

Reform faction backs Gus Dur for presidency

Reform faction backs Gus Dur for presidency JAKARTA (JP): The Reform faction of the National Mandate Party (PAN) and the Justice Party (PK) officially made Abdurrahman Wahid their presidential candidate on Wednesday.

Market signals for change

Market signals for change With only two weeks before Indonesia's presidential election, billed as the most democratic in the country since 1955, increasing numbers of businesspeople have become more outspoken about the qualities and characteristics expected in the new president and her or his...

East Timor and independence

East Timor and independenceFrom Pikiran RakyatIndonesia can be an independent state and survive as one because it has natural resources, which serve as a source of income to finance the needs of the state.

Translated books for the blind

Translated books for the blind JAKARTA (JP): Hundreds of blind people involved with the Mitra Netra Foundation will soon enjoy new stories and gain more knowledge thanks to Citibank volunteers, who are to translate various English books into Indonesian and input dictionary data into computers to be...

Asian currencies stronger as local issues take center stage

Asian currencies stronger as local issues take center stage SINGAPORE (Dow Jones): Asian currencies are stronger against the U.S. dollar in choppy trading late Wednesday, as salient domestic issues take center stage in currency markets across the region.

Where to go in Bali for Thursday, Oct. 7, 1999

Where to go in Bali for Thursday, Oct. 7, 1999Exhibitions * Painting Exhibition: Pengider Bhuana, The Colours of Life, Deja Vu Gallery, Jl. Dewi Sita, Ubud (Phone: 0361 978225), 10 a.m. to 6 p.m., until Oct. 8. * Instalation Exhibition by Saijo Shun (Japanese), at Sika Contemporary Art Gallery, Jl.

Police raid nets biggest ganja haul in 15 years

Police raid nets biggest ganja haul in 15 years JAKARTA (JP): Police detectives of the Penjaringan police subprecinct in North Jakarta seized 929 kilograms of marijuana, worth about Rp 1.85 billion (US$238,200) from four of seven suspected drug dealers in a single raid early on Wednesday morning.

Hermawan questioned over Yun Hap's death

Hermawan questioned over Yun Hap's death JAKARTA (JP): City police summoned and questioned on Wednesday political observer Hermawan Sulistyo in connection with the fatal shooting on Sept. 24 of three persons in a crowd of protesters on Jl. Sudirman.

No time to celebrate

No time to celebrate Under normal circumstances I would have rushed to congratulate the newly elected members of the House of Representatives and People's Consultative Assembly (DPR/MPR). My political intuition, however, tells me to wait a little longer until all the fog shrouding the political...

Government pledges to announce Soeharto investigation

Government pledges to announce Soeharto investigation JAKARTA (JP): Monday. That is the latest in a line of promised dates for the long-awaited unveiling of the results of the investigation into former president Soeharto's alleged corruption.

Irian seeks foreign funds

Irian seeks foreign funds JAYAPURA (JP): The provincial administration of Irian Jaya will seek foreign funds to finance the province's development projects, a local official said on Wednesday.FX Suryanto, a public relations officer at Irian Jaya's Governor's office, said that the provincial...

U.S. 'obsessed' over reporter: Mahathir

U.S. 'obsessed' over reporter: Mahathir KUALA LUMPUR (Reuters): The United States is "obsessed" over the jailing of a Canadian journalist in Malaysia even though he was convicted of breaking the law, Prime Minister Mahathir Mohamad said on Wednesday.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 6, 1999: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 475 -25 57,000 AHAP Insurance 550 0 0 Alakasa Industrindo 250 0 0 Alter Abadi 325 50 527,500 Alumindo...

Major rally held in support of Megawati

Major rally held in support of Megawati JAKARTA (JP): Some 1,500 members of the Indonesian Democratic Party of Struggle (PDI Perjuangan) staged a raucous demonstration in front of Hotel Indonesia in Central Jakarta on Wednesday to pledge their support for party chairwoman Megawati Soekarnoputri.

SCB bolsters S'pore team

SCB bolsters S'pore team SINGAPORE (Dow Jones): Standard Chartered PLC announced Wednesday three new senior manager appointments to its Singapore team, to cope with the expansion of its Indonesian and Thailand businesses.Michael De Noma has been appointed as group head of banking.

Lack of platform, national leadership worries West

Lack of platform, national leadership worries West Despite mounting challenges, the latest being the Bank Bali scandal, Golkar has not changed its candidate for presidency, the incumbent B.J. Habibie. Surabaya-based political researcher Daniel Sparingga talked to The Jakarta Post on the issue.

Kefa a comfortable and safe place to take refuge

Kefa a comfortable and safe place to take refugeBy Jupriadi KEFA, East Nusa Tenggara (JP): This small town in the North Central Timor regency of East Nusa Tenggara is the third biggest refugee center after Atambua and Kupang.Official figures show that as of Sept.

Armed robbers nab teachers' payroll

Armed robbers nab teachers' payroll MEDAN, North Sumatra: A band of armed robbers ambushed a car at Sei Balai palm plantation, Asahan regency, some 200 kilometers from here, and made off with a teachers' payroll of Rp 1.2 billion on Monday night.

House forced to vote on speaker

House forced to vote on speaker JAKARTA (JP): The new House of Representative was forced to vote to elect its speaker on Tuesday following an acrimonious debate over technicalities.The debate, which went beyond midnight, surfaced when Crescent Star Party (PBB) legislator Hartono Mardjono protested...

Mobil starts gas production

Mobil starts gas production JAKARTA (JP): Mobil Oil Indonesia Inc., a production sharing contractor of state oil and gas company Pertamina, has begun gas production at its North Sumatra Offshore (NSO) "A" gas field in the Strait of Malacca.

Cabinet set to discuss alleged Interfet trespass

Cabinet set to discuss alleged Interfet trespass JAKARTA (JP): Indonesia is pondering whether to lodge a protest against Australia over territorial violations committed by its troops serving in the International Force for East Timor (Interfet), a minister said on Tuesday.

ASEAN gas pipeline closer to reality, claims official

ASEAN gas pipeline closer to reality, claims official KUALA LUMPUR (Reuters): A natural gas pipeline connecting Southeast Asian countries could become a reality by 2010, a senior official overseeing the project said on Tuesday.

Asian currencies mixed as markets await Fed meeting

Asian currencies mixed as markets await Fed meeting SINGAPORE (Dow Jones): Asian currencies ended mixed against the U.S. dollar in choppy trading Tuesday, as cautious investors await a decision on the direction of U.S. interest rates when the U.S. Federal Open Market Committee meets overnight.

Thais play down fallout of Myanmar embassy siege

Thais play down fallout of Myanmar embassy siege BANGKOK (Agencies) Thailand will not change its policy of sheltering dissidents and refugees despite last week's attack on Myanmar's embassy in Bangkok by five armed students, Thai officials said on Tuesday.

Speculations over resignation of Wiranto denied

Speculations over resignation of Wiranto denied JAKARTA (JP): Minister of Justice/State Secretary Muladi strongly dismissed on Tuesday speculations surrounding Minister of Defense and Security/Indonesian Military (TNI) Commander Gen. Wiranto's resignation.

Bank worker indicted for tricking money changer

Bank worker indicted for tricking money changer JAKARTA (JP): Bank Indonesia employee Rachmat Supratman appeared in the West Jakarta District Court on Tuesday on charges of complicity in swindling a currency broker.Prosecutor P.D.

The importance of rethinking the shelved oil and gas bill

The importance of rethinking the shelved oil and gas billBy T.N. Machmud JAKARTA (JP): The chorus of incoherent voices debating the merits of the oil and gas bill has, at least for the moment, died down.

IBRA's account freezed

IBRA's account freezed JAKARTA (JP): In an unprecedented move, the South Jakarta District Court has temporarily suspended the bank account of the Indonesian Bank Restructuring Agency (IBRA) in Bank Central Asia until a dispute with finance company PT Hanil Bakrie Finance is legally settled.

Military urged to relinquish political role

Military urged to relinquish political role JAKARTA (JP): The Indonesian Military (TNI), which celebrated its 54th anniversary on Tuesday, is facing mounting demands to return to its main task of defense and security and speed up internal reform to repair its badly tarnished image.

Top clubs struggle to get semis berth

Top clubs struggle to get semis berth SURABAYA (JP): Defending champions Panasia Indosyntec and arch rivals Aspac came closer to clinching the final four berth after overwhelming their opponents on the seventh day of the A Mild Kobatama national basketball league's third series at the Pacific...

TNI playing democratic role

TNI playing democratic role An article in The Jakarta Post, U.S. wants TNI under civilian control, Oct. 1, reported what the U.S. Secretary of Defense Mr. Cohen said in his press conference in Jakarta. I found some parts of his statement confusing, especially when he said: "We hope that the...

Conversion Rates

Conversion Rates Bank Indonesia's conversion rates on Oct. 5, 1999: Bank notes rates Buying Selling Rp Rp U.S. dollar 1 7,749.00 7,827.00Australian dollar 1 5,139.91 5,195.56Austrian schilling 1 604.31 610.67Belgian franc 1 206.13 208.31Brunei dollar 1 4,586.56 4,635.48Canadian dollar 1 5,291.

Global currencies

Global currencies Value Net Changes 1 Day 1 Month 1999 Japanese yen 106.560 +0.3350 -0.31% +3.26% +6.61%Euro 0.9357 +0.0044 -0.47% +0.70% -8.40%Poundsterling 0.6041 -0.0001 +0.02% +3.31% -0.27%Singaporean dollar 1.6759 -0.0131 +0.78% +0.68% -1.58%Australian dollar 1.5044 -0.0055 +0.37% +2.78% +8.

Where to go in Surabaya:

Where to go in Surabaya:Exhibition * Painting Exhibition : The Time by Fajar Kurniawan, at Mpu Tantular Museum, Jl. Taman Mayangkara No. 6, until Oct. 9Music and Entertainment * Hyatt Regency Surabaya, Jl. Jend.

TV today

TV todayTVRI 5:30 a.m. Religious Teachings 6:00 News: Two Hours Only 8:00 Children's Song 9:00 Music 10:00 Interval 2:00 p.m. News 2:30 Children's Program 3:00 Music 4:00 News 4:30 Indonesian Lessons 5:00 Student's Quiz 5:30 TV Drama 6:00 Sports 7:00 Evening News 7:30 Music 9:00 World News 9:30...

Backers of Malaysia's Anwar spurn report

Backers of Malaysia's Anwar spurn reportBy Nelson Graves KUALA LUMPUR (Reuters): Doctors on three continents may have concluded Malaysia's jailed former finance minister Anwar Ibrahim was not poisoned, but there was no convincing his supporters.

Host tennis players qualify for Future c'ships main draw

Host tennis players qualify for Future c'ships main draw JAKARTA (JP): Three national tennis players reached the main draw of the Indonesia Futures F5 tournament at the Kemayoran tennis complex in Central Jakarta on Tuesday.

Rates for tax payment, valid from Oct. 4 to Oct. 10

Rates for tax payment, valid from Oct. 4 to Oct. 10 U.S. dollar 1 Rp 7,960.00Austrian schilling 1 605.09Australian dollar 1 5,184.35Belgian franc 1 206.40Canadian dollar 1 5,423.08Swiss franc 1 5,200.24Deutschemark 1 4,258.73Danish krone 1 1,138.75French franc 1 1,269.31Poundsterling 1 13,084.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 5, 1999: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 500 0 6,500 AHAP Insurance 550 0 0 Alakasa Industrindo 250 0 0 Alter Abadi 275 0 37,500 Alumindo Light...

Cultural diplomacy

Cultural diplomacy Cultural diplomacy of political solutions should be put forward among Southeast Asian countries. It has been a prevalent practice that conflicts in Southeast Asia have been solved by informal rather than formal means.

Australian media lacks insight into Indonesian affairs

Australian media lacks insight into Indonesian affairsBy Sukawarsini Djelantik CANBERRA (JP): The relationship between Indonesia and Australia can be compared to a roller coaster, because of its cyclic nature of difficulties. Since the East Timor self- determination ballot was held on Aug.

Indonesia drops Asiad bid and backs Malaysia

Indonesia drops Asiad bid and backs Malaysia JAKARTA (JP): Indonesia has decided to withdraw its bid for hosting the 2006 Asian Games and instead throw its weight behind neighboring country Malaysia.The National Sports Council (KONI) vice chairman, Arie Sudewo, announced on Tuesday that President B.

Divorce rate climbing due to economic crisis

Divorce rate climbing due to economic crisis BOGOR (JP): Over the past few months an average of 60 divorce cases emerged every month in the Bogor regency, according to the latest data from the local Religious Court.

Howard says diplomatic ties won't be broken

Howard says diplomatic ties won't be broken CANBERRA (Agencies): Indonesia is unlikely to cut diplomatic ties with Australia, despite months of tension over the East Timor crisis, Prime Minister John Howard said on Tuesday.

TNI: The people's Army or the people's tyrant?

TNI: The people's Army or the people's tyrant?By Jim Aubrey MELBOURNE (JP): As nations from all corners of the earth join the UN peace enforcement mission in East Timor, many prominent Indonesians are divided between disgust at the actions of their armed forces and at jingoistic nationalist...

Residential care offers hope for drug addicts

Residential care offers hope for drug addictsBy Sirikit Syah SURABAYA (JP): The corner house located in a middle class housing complex of Prapen Indah looks just like the any other house in the neighborhood.

BMW leads Thai car market

BMW leads Thai car market BANGKOK (DPA): The German automobile giant BMW has claimed the lead in Thailand's luxury car market one year after setting up a local company to handle sales, after-sales service and dealerships, executives said Tuesday.