Indonesian Political, Business & Finance News

Archive: 20 October 1994

50 articles found

Indosat books another success in local marts

Indosat books another success in local marts JAKARTA (JP): The state-owned international telecommunications company Indosat recorded another triumph during the first day of the trading of its shares on the Jakarta and Surabaya stock exchanges yesterday after booking a successful debut on the New...

State-owned `TVRI' and `RRI' to be merged into one company

State-owned `TVRI' and `RRI' to be merged into one company JAKARTA (JP): The government will merge the state-run television and radio stations, currently two separate state agencies, into one enterprise, but will not privatize them, Minister of Information Harmoko announced yesterday.

Murayama to APEC meeting

Murayama to APEC meeting TOKYO (AFP): Japanese Prime Minister Tomiichi Murayama will attend the November leaders' summit of the Asia-Pacific Economic Cooperation (APEC) forum in Indonesia, a foreign ministry official said yesterday.

Islanders told to go home

Islanders told to go home TERNATE, Maluku: North Maluku Regent Abdullah Assagaf has told residents of Obi islands who still live in makeshift shelters after the recent earthquake that it is now safe for them to return to their homes.

The bogus export scandal

The bogus export scandal A different viewpoint was put forward yesterday on the export credit scam which is said to have caused great financial losses to the state. As pointed out by Econit, an independent advisory group in economics, industry and trade, the much-talked-about bogus export scandal...

Downtown Kota to become tourist site

Downtown Kota to become tourist site JAKARTA (JP): The city administration will transform the Kota (downtown) area in West Jakarta into a tourist attraction by permitting private investors to use old and historical buildings as hotels and restaurants, an official says.

TV Today: Thursday, October. 20, 1994

TV Today: Thursday, October. 20, 1994TVRI 2:30 p.m. TV Series: Wide World Of Kids 3:05 Music 3:30 TV Series: The Magistrate 4:30 Sports 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...

Top MUI official defends the ulema council's record

Top MUI official defends the ulema council's record JAKARTA (JP): The Indonesian Ulema Council (MUI) has been increasingly in the news lately because it is doing its job to protect and promote the interests of the Islamic community in Indonesia, one of its leaders said.

Muhammadiyah halts five-day week trial at its schools

Muhammadiyah halts five-day week trial at its schools YOGYAKARTA (JP): Muhammadiyah, an influential Moslem organization, announced yesterday that it has ordered all its schools to stop trial runs of the five-day school week.

Official pledges lively youth day celebrations

Official pledges lively youth day celebrations JAKARTA (JP): Arts and sports contests, social activities, tree planting and presentation of medals to dedicated youths, will enliven the commemoration of the 66th national Youth Pledge Day, next week, Oct. 28.

Foreign companies invited to develop tourist resorts

Foreign companies invited to develop tourist resorts JAKARTA (JP): The government plans to invite foreign investors to develop several areas into resorts to boost the country's tourist industry."Based on studies funded by overseas technical assistance, in the near future there will be opportunities...

Drivers: Beware!

Drivers: Beware! Violators of traffic regulations on Jakarta's main streets like Jl. Sudirman, and Jl. Thamrin shall be fined Rp 1 million to Rp 6 million. This headline in the local daily Kompas of Sept. 28, 1994 edition becomes the topic of the day, in most offices.

Govt to cut import tariffs

Govt to cut import tariffs JAKARTA (JP): The government will continue to lower import tariffs and surcharges in line with plans under the ASEAN Free Trade Agreement (AFTA), Minister of Industry Tunky Ariwibowo says.

Two officers testify at trial of top pimp

Two officers testify at trial of top pimp JAKARTA (JP): Two police officers testified yesterday at the South Jakarta District Court in the trial of three assistants of Hartono Setyawan, the country's most notorious pimp, saying that a police raid did not find any prostitutes in the pimp's residence.

Local investors will build container ports

Local investors will build container ports JAKARTA (JP): The government will assign two leading local companies, Humpuss and Citra Lamtorogung Persada, to construct container terminals in Jakarta and Surabaya with a total investment of US$765 million.

Badminton

BadmintonFrom JayakartaIt was a great pity that Susi Susanti was defeated when playing Hisako Mizui of Japan in the Hiroshima Asian Games. And so Indonesia failed to win four gold medals in the badminton event. Susi's defeat must have been a big shock to Indonesia's badminton fans.

India's epidemic is the `Princess of Death'

India's epidemic is the `Princess of Death'By V. Anjaiah JAKARTA (JP): Plague was a word which struck terror into the hearts of the men of the Middle Ages. Now that word and the disease it signifies has appeared to plague a country that can ill afford it: India, where it took 52 lives and sent...

Victim numbers down for `Zebra'

Victim numbers down for `Zebra' JAKARTA (JP): The number of dead and wounded victims of traffic accidents in the city declined by 26.4 percent to 96 people in the last three weeks of the ongoing one-month Operation Zebra, a police spokesman said yesterday.National Police spokesman Brig. Gen. K.

Leading world rankings

Leading world rankings LONDON (Reuter): Leading world rankings issued by the International Badminton Federation on Tuesday after the 14th event of the World Grand Prix series, the Danish Open, held in Esbjerg from Oct. 12 to 16:Men: 1. Ardy B. Wiranata (Ina) 1,700 pts 2.

Govt must improve export credit, sack surveyors: Econit

Govt must improve export credit, sack surveyors: Econit JAKARTA (JP): The government, in order to prevent future export scams, should add post-auditing and verification mechanisms to the rediscount facility and stop hiring surveyor companies to inspect import and export documents, economists say.

Unemployed graduate

Unemployed graduateFrom RepublikaI am a graduate of the School of Teachers Training and Educational Science, majored in educational administration, at the University of Bengkulu. I call on Minister of Education and Culture Wardiman Djojonegoro to show me the way to find a job so that I do not...

Electricity museum planned in TMII

Electricity museum planned in TMII JAKARTA (JP): The ministry of mines and energy plans to establish a Rp 15 billion (US$7.5 million) electricity museum at the Taman Mini Indonesia Indah complex in East Jakarta.Six energy-related corporations have given assistance worth US$2.

KIA to float shares on local stock marts

KIA to float shares on local stock marts JAKARTA (JP): PT Keramik Indonesia Assosiasi (KIA), a major ceramic tile producer in the country, will sell around 30 percent of its 85 million shares to the public next month to finance its expansion program, the company's president says.

Gen. Hendro in gubernatorial race

Gen. Hendro in gubernatorial race BANJARMASIN, South Kalimantan: The provincial legislative council will select gubernatorial candidates from the 19 aspirants now on their list.Among the possible candidates is Maj. Gen.

NU needs leaders with fresh ideas

NU needs leaders with fresh ideas JAKARTA (JP): Nahdlatul Ulama (NU), facing its biggest challenge yet in maintaining its organization and in sticking to its mission, needs leaders with fresh ideas, one of its senior leaders says.

Pilgrims' hospital to be inaugurated

Pilgrims' hospital to be inaugurated President Soeharto is scheduled to inaugurate a haj pilgrim hospital in Pondok Gede, East Jakarta, next month.The Antara news agency reported that the construction of the hospital, which will be able to accommodate around 4,000 pilgrims from Jakarta, was...

Indonesia, Britain to boost ties in energy industry

Indonesia, Britain to boost ties in energy industry JAKARTA (JP): The state electricity company PT PLN yesterday signed memorandums of understanding with two British firms, National Power and National Grid corporations, for cooperation in power generation and distribution.

Parcel service

Parcel service This is a response to the letter by Soekarno published in the Sunday issue of The Jakarta Post on Oct. 2, 1994, entitled Trauma due to parcel service.As an international courier service company, UPS operates its services under the Convention for the Unification of Certain Rules,...

PT Intercon's facilities called for

PT Intercon's facilities called for City councilor Saud Rahman has questioned why PT Intercon is delaying the construction of social and public facilities in Taman Kebon Jeruk housing complex in West Jakarta.

Japanese tourist presumed dead

Japanese tourist presumed dead JAYAPURA, Irian Jaya: A Japanese tourist and his local porter believed to have drowned in the Baliem River last month were officially declared missing yesterday after rescue workers discontinued their search for the bodies.

Museum receives grants from Japan

Museum receives grants from Japan JAKARTA (JP): The Japanese government has donated Rp 980 million (US$449,541) worth of equipment to the Jakarta textile museum to help facilitate its function as the center for textile education and information.

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.

Remarks on ex-prisoners clarified

Remarks on ex-prisoners clarified JAKARTA (JP): A member of the National Commission on Human Rights yesterday said that it is too early at this stage to talk about seeking the release of former communists who have been in jail for nearly 30 years.

Accident insurance for hard workers

Accident insurance for hard workers Head of the Jakarta chapter of the All-Indonesian Workers Association Salam Sumangat has said that all seasonal construction workers are entitled to accident insurance.

Islam has no objections to big business

Islam has no objections to big business JAKARTA (JP): The Islamic community has no objection to big corporations in Indonesia as long as their business practices are consistent with Islamic teachings, a noted Moslem scholar said yesterday.

Last Indonesian pair tumbles at Men's Challenger

Last Indonesian pair tumbles at Men's Challenger JAKARTA (JP): The combination of Benny Wijaya and Suwandi became the last home pair to fall at the US$50,000 Indonesia Men's Challenger tennis championships when they lost 6-7 (5-7), 2-6 to British third seeds Andrew Foster and Danny Sapsforo...

Fine arts exhibit: A momentous first for Jakarta

Fine arts exhibit: A momentous first for JakartaBy Jason Tedjasukmana JAKARTA (JP): More than just a grouping of important artworks awaits the public at the Shangri-La Hotel. The Jakarta International Fine Arts Exhibition is historical in scope, unbridled in ambition and a first on many levels.

U.S. and Vietnam may open mission this year

U.S. and Vietnam may open mission this year HANOI (Reuter): Vietnam repeated yesterday its hopes that U.S. and Vietnamese diplomatic missions would open in the two capitals this year, but a U.S. official said no schedule had been agreed.Foreign Minister Nguyen Manh Cam met U.S.

Roads to world peace more complex (1)

Roads to world peace more complex (1) This article is based on statement made by Indonesian Foreign Minister Ali Alatas at the 49th session of the United Nations General Assembly on Oct. 4. This is the first of a two-part article.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices continued rising on the Jakarta Stock Exchange (JSX) yesterday.The broad-based Composite Index closed 8.34 points higher at 518.97 yesterday from 510.63 on Tuesday, while the narrower-based GTDBS-50 Index rose to 123.87 from 123.74.

Indonesian Dance Festival '94

Indonesian Dance Festival '94 A bevy of both domestic and foreign choreographers will present their creations at the Indonesian Dance Festival '94, scheduled to be opened tonight.The fifth five-day festival is held by the Jakarta Art Institute at Taman Ismail Marzuki in cooperation with the Jakarta...

RI, Aussie sign housing accord

RI, Aussie sign housing accord JAKARTA (JP): Indonesia and Australia yesterday signed a memorandum of understanding on housing and urban development which will improve the partnership between the two countries.

Palm oil credit questioned

Palm oil credit questioned KUALA LUMPUR (AFP): Malaysia said yesterday it would ask the World Bank why Kuala Lumpur could not continue its credit scheme for palm oil buyers when the United States and Europe were allowed to provide other forms of farm credit.

Overseas magazines subscriptions

Overseas magazines subscriptions I would like to recount my experiences of subscribing to two overseas magazines, namely Fortune and Time, the distribution of which are handled by Gunung Agung/NV Indoprom Co (Indonesia) LTD.

Clinton, Soeharto to see signing of LNG contract

Clinton, Soeharto to see signing of LNG contract JAKARTA (JP): U.S. President Bill Clinton and Indonesian President Soeharto are expected to witness the signing of a contract for a US$34 billion natural gas liquefaction project in Natuna of Riau.

Govt to hike electricity tariffs

Govt to hike electricity tariffs JAKARTA (JP): The government yesterday confirmed its plan to increase electricity billing rates by around three percent next month."We will hold a meeting with leaders of Commission VI of the House of Representatives (DPR) this week to seek their support for the...

Officials must be sensitive

Officials must be sensitiveFrom Suara KaryaThe people can sue government institutions which ignores or fails to respond to the people's inquiry. In fact, each institution has the responsibility to attend to the people's demand for explanation.

100 teenagers seek to `borrow' arson suspects

100 teenagers seek to `borrow' arson suspects JAKARTA (JP): About 100 unidentified teenagers surrounded police stations in the wee hours yesterday, asking to "borrow" detainees suspected of having burnt the command post of the National University's student regiment in South Jakarta on Tuesday.

`Yellow jacket' students give food to Benhil homeless

`Yellow jacket' students give food to Benhil homeless JAKARTA (JP): Eighteen students of the prestigious University of Indonesia yesterday visited a disputed plot of land in Bendungan Hilir, Central Jakarta, to donate foodstuffs including rice, sugar, coffee, milk and instant noodles to homeless...

Garuda, DAMRI to serve APEC

Garuda, DAMRI to serve APEC The organizing committee of the Asia-Pacific Economic Cooperation (APEC) forum has signed an agreement with the national flag carrier Garuda Indonesia to arrange the ground handling and the technical maintenance of planes carrying foreign delegates.