Indonesian Political, Business & Finance News

Archive: 13 October 1994

54 articles found

S. Korea to host RI in Davis qualifier

S. Korea to host RI in Davis qualifier JAKARTA (JP): Indonesia faces a daunting Davis Cup challenge, next year when it flies to South Korea for their Asia Oceania Zone One rematch of the men's tennis championship.

Garment factory workers stage strike

Garment factory workers stage strike JAKARTA (JP): Dozens of employees of PT Agung Busana Jaya, a garment factory on Jl. Sinar Budi, North Jakarta, continued their strike yesterday following the refusal of the company's management for negotiations over a labor dispute.

Govt-backed HKBP faction lodges protest with PGI

Govt-backed HKBP faction lodges protest with PGI JAKARTA (JP): The government-backed leadership of the Toba Batak Protestant Church (HKBP) has protested the decision of the Indonesian Communion of Churches (PGI) to invite its rival to its grand assembly later this month.

Night transport not yet smooth

Night transport not yet smooth The city's night transportation system, applied over the last few days, has not run as smoothly as expected, says an official of the city administration.HM Djuhdi, head of the transportation development office of the City Land Transportation and Traffic Control Agency...

No rise in foreign stake

No rise in foreign stake JAKARTA (JP): The government is unlikely to raise the 49 percent limit for foreign investors' ownership of shares listed on domestic stock exchanges.Yusuf Anwar, the secretary general of the Ministry of Finance, said here yesterday that raising the ownership ceiling as a...

NGOs vow to fight for people's sake at APEC

NGOs vow to fight for people's sake at APEC JAKARTA (JP): International non-governmental organizations promised yesterday to help make the institutionalization of the Asia-Pacific (APEC) forum benefit business and the masses equally.

First ever first lady to get state honor

First ever first lady to get state honor JAKARTA (JP): The government will confer, posthumously, the Bintang Mahaputra, the highest medal for meritorious services, to Fatmawati Sukarno, Indonesia's first ever first lady.

Inmarsat to set up worldwide mobile satellite service

Inmarsat to set up worldwide mobile satellite service JAKARTA (JP): The International Maritime Satellite Organization (Inmarsat) is inviting its signatories all over the world, including PT Indosat, the state-owned international telecommunications firm, to participate in a US$2.

Joint team to launch operation on highways

Joint team to launch operation on highways JAKARTA (JP): After being postponed for about a week, the City Police Traffic Directorate and state-owned highway operator PT Jasa Marga will start ticketing traffic violators on highways in and around the city beginning tomorrow.

ASEAN valuers asked to foster alliance

ASEAN valuers asked to foster alliance JAKARTA (JP): Vice President Try Sutrisno yesterday called on valuers of the six member Association of Southeast Asian Nations (ASEAN) to foster partnerships in anticipation of rapid changes in the economic format in the region.

RI-Britain forge closer defense ties

RI-Britain forge closer defense ties JAKARTA (JP): President Soeharto met with British Chief of Defense Staff Field Marshall Peter Inge yesterday to solidify defense ties between Jakarta and London.Following his meeting with Soeharto at Bina Graha, Field Marshall Inge told reporters that the...

Construction of two new oil refineries approved

Construction of two new oil refineries approved JAKARTA (JP): The government, which recently licensed four oil refineries with total investments of US$7.2 billion, has approved applications for the construction of two other refineries at a combined cost of around US$400 million.

IDs operation planned

IDs operation planned The head of the City Population Office, Sudarsono, announced that his office will soon launch a large-scale operation against citizens holding double citizenship cards in the Greater Jakarta.

Haryono wins professorship

Haryono wins professorship SURABAYA: Haryono Suyono, the State Minister of Population and Chairman of the National Family Planning Board, was given an honorary professorship of public health by Airlangga University yesterday.

Honor history, look ahead: Soeharto

Honor history, look ahead: Soeharto JAKARTA (JP): Glorify history by all means, but get on with life too.That's the message from President Soeharto to a group of bygone student leaders who played a prominent role in defending the state ideology Pancasila against the onslaught of communism in the...

KL lifts duties on poultry

KL lifts duties on poultry KUALA LUMPUR (AFP): The Malaysian government yesterday ordered the immediate abolishing of import taxes on frozen and live chicken after a controversial bid to persuade poultry farmers to lower prices failed.

Poor green laws attract dirty industries

Poor green laws attract dirty industries JAKARTA (JP): Many national and multinational firms once forced to close down their dirty industries due to strict local environmental regulations, are now shifting investment and production to countries with less stringent rules.Prof.

Diarrhea sends 100 to hospital

Diarrhea sends 100 to hospital TERNATE, Maluku: Diarrhea has broken out on the island of Obi Mayor, hit by a powerful earth quake on Sunday, where more than 100 people are now hospitalized.Director of Natural Disasters Affairs D.L.

Court indicts notorious pimp, his lackeys

Court indicts notorious pimp, his lackeys JAKARTA (JP): Hartono Setyawan, one of the most notorious pimps of high-class call girls in Indonesia, and three of his lackeys were indicted at South Jakarta District Court yesterday.

British mission due here

British mission due here JAKARTA (JP): A trade mission of the Sheffield and Rotherham Chamber of Commerce and Industry will bring 21 company representatives to Indonesia from Oct. 17 through Oct. 21.According to the British embassy here, the trade mission led by the chamber's chief executive, John...

More students released from prison

More students released from prison JAKARTA (JP): Four more students were released from jail yesterday after serving their term of conviction for insulting President Soeharto last December.Thanks to the intervention of the Indonesian Legal Aid Foundation (YLBHI) Muhammad Rifki, Antonius Leroy John...

Government urged to speed up democratization

Government urged to speed up democratization JAKARTA (JP): A seminar sponsored by the Armed Forces (ABRI) urged the government yesterday to heed the growing demand for greater democracy by involving the public in political decision- making.

Local financial market needs global integration

Local financial market needs global integration JAKARTA (JP): Coordinating Minister for Economy and Finance Saleh Afiff said that financial managers should be responsible for the integration of the domestic financial market into the world economies as a way of improving its own economy.

Indonesian forest advertisements not accurate: Minister

Indonesian forest advertisements not accurate: Minister JAKARTA (JP): The government, conceding that its reforestation program has been slack, has ordered the Indonesian Forestry Society (MPI) to change its television advertisements which have been suspended in Britain and Japan.

Govt appoints new Bapindo president

Govt appoints new Bapindo president JAKARTA (JP): Finance Minister Mar'ie Muhammad yesterday appointed Arbali Sukanal K. as president of the credit fraud affected Bank Pembangunan Indonesia (Bapindo).Arbali, formerly a director of the state-owned Bank Bumi Daya (BBD), filled Bapindo's top position,...

GATT to remove borders for workers

GATT to remove borders for workersBy Ridwan M. Sijabat JAKARTA (JP): The good news is that as of the year 2005, workers all over the world, Indonesia included, are virtually free to move from one country to another.

Baliem reserve faces destruction

Baliem reserve faces destruction JAYAPURA, Irian Jaya: The nationally protected forests of the scenic Baliem Valley are facing destruction as illegal logging goes on unchecked, a press report said yesterday.

Protest turns into clash

Protest turns into clash JAKARTA: A march by a group of university students turned into a violent clash with security authorities in Palu, the capital of Central Sulawesi, yesterday, according to the Indonesian Legal Aid Foundation (YLBHI) in Jakarta.

WTO likely to develop despite obstacles

WTO likely to develop despite obstacles JAKARTA (JP): The World Trade Organization (WTO) will likely materialize as an international agency despite various obstacles, most notedly the special interest groups responsible for maintaining protectionist policies, says visiting Italian Minister of...

Noble deed

Noble deedFrom KompasA Koantas Bima city bus smashed into our Kijang van on Sept. 28 on Jalan Asia Afrika in Senayan. Three of my friends suffered serious wounds while I sustained a minor injury.In the middle of the melee a kind passerby helped us into a taxi which sped to the Mintohardjo Navy...

McDonald's receives halal certificate

McDonald's receives halal certificate The institute for the study of food, medicine and cosmetics of Indonesian Ulemas Council (LPPOM-MUI) has granted a halal (permitted by Islamic teaching) certificate to McDonald's Indonesia.The certificate was handed over by the council's chairman, K.H.

Photographers in RI, unite

Photographers in RI, unite BANDUNG: Indonesian photographers of all backgrounds and professions are expected to meet here later this month for a first ever gathering.The organizers of the Indonesian Photographers Gathering 1994 say Minister of Information Harmoko has agreed to act as patron of the...

Where to go in Jakarta:

Where to go in Jakarta:Music * Borobudur Inter-Continental, Jl. Lapangan Banteng Selatan, Central Jakarta: - Kintamani Pavilion: Traditional Dances & Songs Friday, Italian Night Wednesday, all from 7 p.m.. - Pendopo Tea Lounge: Monika Rosca, pianist from Poland, daily 4 p.m. to 7:45 p.m.

Indonesia goes into bridge final

Indonesia goes into bridge final JAKARTA (JP): Five pairs of Indonesian players succeeded on Monday in reaching the Open Pair finals of the 16th Association of Southeast Asian Nations (ASEAN) Interclub Bridge Championships in the Genting Highlands, Malaysia, the Indonesian Contract Bridge...

Benny and Yayuk fall in Asian Games tennis semis

Benny and Yayuk fall in Asian Games tennis semis HIROSHIMA, Japan (Agencies): Asian Games tennis downfall continued smashing Indonesian camp yesterday as both its top players Yayuk Basuki and Benny Wijaya were dumped out of the singles semifinals.

Joko, Hariyanto head for Asiad badminton semifinals

Joko, Hariyanto head for Asiad badminton semifinals HIROSHIMA, Japan (AFP): Top seed Joko Suprianto and fellow- Indonesian Hariyanto Arbi moved towards a showdown for the Asian Games men's badminton title by cruising into the quarter-finals yesterday.

House approves extradition pact with Australia

House approves extradition pact with Australia JAKARTA (JP): People who commit crimes in Indonesia will soon find Australia is no longer a safe haven.With the ratification of the extradition treaty between Indonesia and Australia, the government can now chase criminals all the way "Down Under" and...

JSX, SSE and OTC defend separate operations

JSX, SSE and OTC defend separate operations JAKARTA (JP): Executives of the country's three stock exchanges yesterday defended their plan to continue operating separately despite growing demand for their unification.Basiruddin A.

Floods could curb rice exports, Vietnam says

Floods could curb rice exports, Vietnam says HANOI (Reuter): Vietnam, the world's third largest rice exporter, said on Wednesday that possible food shortages caused by floods in the Mekong Delta could force it to cut or delay exports of the staple.

ADB hails RI employment

ADB hails RI employment MANILA (AFP): The Asian Development Bank (ADB) yesterday praised Indonesia, South Korea, Malaysia and Thailand for their success in generating employment compared to their South Asian counterparts.

Military chief, rights commission visit Benhil area

Military chief, rights commission visit Benhil area JAKARTA (JP): The Jakarta Military Commander Maj. Gen. A.M. Hendropriyono and members of the National Commission on Human Rights visited the fire site at Bendungan Hilir area, Central Jakarta, yesterday, following a dispute over compensation and...

Drive-thru banking starts

Drive-thru banking starts JAKARTA (JP): Citibank announced yesterday it had launched a 24-hour drive-through Citicard Banking Center (CBC), from which customers can withdraw money without leaving their vehicles.

Illegal mining hurts environment

Illegal mining hurts environment JAKARTA (JP): A Non-Government Organization wants a private company prosecuted for illegally operating an open pit mine that has destroyed the environment near Bogor.Director of the Indonesian Center for Environmental Law (ICEL) Mas Achmad Santosa said that the...

European education

European education I must sympathize with Mrs. Sumarsono, who says she was deprived of the European education she feels she was entitled to and qualified for (The Jakarta Post, Oct. 8, 1994). Allow me to make a few observations for those expat readers who may not be familiar with the matter.

TV Today

TV TodayTVRI 2:30 p.m. Special News: Asian Games XII 5:00 Regional News 5:30 Arabic Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:25 Koran Recital 6:35 Religious Teachings: Islam 7:00 Evening News 7:30 TV Drama 8:05 TV Series: Combat 9:00 World News 9:30 Asian Games Journal...

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices weakened on the Jakarta Stock Exchange (JSX) yesterday with most issues loosing ground in heavy trading.The broad-based Composite Index, which gained less than one point to close at 512.38 on Tuesday, ended lower at 511.42 yesterday.

Angry rift between Seoul and Washington deepens

Angry rift between Seoul and Washington deepensBy Kate Webb SEOUL (AFP): The rift between Seoul and Washington over how to tackle North Korea's suspect nuclear program deepened Tuesday with South Korea accusing the United States of rushing into an ill-considered accord with the North simply to pull...

City buses receive poor maintenance

City buses receive poor maintenance JAKARTA (JP): Director General of Land Transportation Soejono expressed concern yesterday over the short life spans of buses operated by the city-owned bus company PPD.

Kenzo '94: Style without surprises

Kenzo '94: Style without surprisesBy Jason Tedjasukmana JAKARTA (JP): "Very wearable" was what the woman next to me said as the last model shimmied off the runway.This aptly describes Kenzo's Autumn and Winter 1994 collection, launched this week in Jakarta.

Police look for more witnesses, evidence to charge Yorrys

Police look for more witnesses, evidence to charge Yorrys JAKARTA (JP): The City Police are looking for more witnesses and material evidence to charge Yorrys Raweyai of the Pemuda Pancasila youth organization for his alleged role in a series of crimes.

World Trade Organization ratified

World Trade Organization ratified JAKARTA (JP): The House of Representatives (DPR) yesterday approved a law ratifying the establishment of the World Trade Organization (WTO), which will administer the new General Agreement on Tariffs and Trade (GATT) early next year.

Sharp shooters versus boars

Sharp shooters versus boars BANDAR LAMPUNG, Lampung: Hundreds of farm families in the Padang Cermin subdistrict have been overwhelmed by boars on the rampage destroying their crops.Desperate farmers have asked the local branch of the Sharp Shooters Association (Perbakin) to help them exterminate...

Jakarta's ties with Tehran

Jakarta's ties with Tehran The Indonesia-Iran relationship has never been as good as it is today. And tomorrow it promises to be even better. The ties, which warmed again a few years ago after some trying times, enter a new phase today as Iranian President Hashemi Rafsanjani arrives here to return...

FIBV approves JSX regular membership

FIBV approves JSX regular membership JAKARTA (JP): Members of the Federation of International Stock Exchanges (FIBV) have unanimously approved the regular membership of the Jakarta Stock Exchange (JSX) at the end of its two-day general assembly in Seoul.