Indonesian Political, Business & Finance News

Archive: 26 October 1994

44 articles found

Churches more independent now

Churches more independent now JAYAPUA, Irian Jaya: The Communion of Churches in Indonesia (PGI) has continued to work well with its foreign counterparts although they have reduced their donations significantly, PGI treasurer Frans Tumiwa told journalists yesterday.

Judge stops torture hearings

Judge stops torture hearings MANILA (Reuter): A Philippine judge yesterday stopped two U.S. lawyers from gathering evidence from Filipino victims of human- rights abuses during the rule of the late president Ferdinand Marcos.

Asia group without Japan

Asia group without Japan KUALA LUMPUR (Reuter): Malaysian Prime Minister Mahathir Mohamad said yesterday Asian nations can establish the East Asian Economic Caucus (EAEC) without Japan's involvement, long seen as necessary for the group.

No heroes from East Timor

No heroes from East Timor JAKARTA (JP): The central government is awaiting recommendations from East Timor officials of local figures who deserve the status of national hero."We cannot decide on any national hero from East Timor without recommendations from the local government," Ali Amran of the...

Taxes on cellular phones

Taxes on cellular phones We find it difficult to understand that while inadequate telecommunications is one of the weak links in Indonesia's economic development the government still imposes a luxury tax on mobile phones.

Spotlight

SpotlightSpotlight A: CathayJP/arhDEMONSTRATION FLIGHT: Gregory Hughes (right), Cathay Pacific's country manager for Indonesia, accompanied by Colins W. Evans, technical marketing manager of Airbus Industrie (center) and David Wicks, senior VP for sales marketing of Rolls-Royce, walk away from an A...

Stern measures urged against student regiments

Stern measures urged against student regiments JAKARTA (JP): The House of Representative urged city military authorities yesterday to take stern measures against university student regiment members who terrorize students detained at a police station.

AOI sells stake overseas amid controversy

AOI sells stake overseas amid controversy JAKARTA (JP): PT Artika Optima Inti (AOI), the timber division of the Djajanti Group, will sell over 30 percent of its stake to Malaysia Mining Corporation (MMC) despite its controversial plan to float shares on the local stock exchanges.

APEC seeks to remove economic imbalances

APEC seeks to remove economic imbalances JAKARTA (JP): The Asia Pacific Economic Cooperation (APEC) forum with its diverse membership can become a model in working for the eradication of economic gaps prevailing in the world.

UI promotes new professor

UI promotes new professor H. Loebby Loqman is scheduled to be promoted to the rank of professor at the College of Law of the University of Indonesia today.The promotion ceremony will be held at the university's campus in Depok, where Loqman will deliver a speech entitled Presumption of Innocence in...

Labor still a sensitive issue: Latief

Labor still a sensitive issue: Latief JAKARTA (JP): Minister of Manpower Abdul Latief said yesterday that companies' tendency to ignore the legal rights of workers is making manpower a sensitive issue in Indonesia.

New health plan for the poor to be launched

New health plan for the poor to be launched JAKARTA (JP): The government will launch a new health program for the poor on Nov. 12, National Health Day, when it distributes five million cards that will allow access to free health services.

Govt, NGOs urged to cooperate

Govt, NGOs urged to cooperate JAKARTA (JP): The government must cooperate with Non- Governmental Organizations to succeed in educating the public about human rights, say two leading intellectuals.NGOs are deeply committed institutions and excel in knowledge and networking, said two speakers in...

RI's wood industry needs 20,000 skilled workers

RI's wood industry needs 20,000 skilled workers JAKARTA (JP): Indonesia's wood industry needs almost 20,000 technically skilled workers in the coming six years, timber tycoon Mohammad (Bob) Hasan said yesterday.

Traffic accidents on the rise

Traffic accidents on the rise JAKARTA (JP): At least four traffic accidents were reported every day in the city, with one person dead, during the one-month Operation Zebra, which ends today."The number of accidents in the capital increased slightly during the operation to 135 from 110 reported...

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) gained ground yesterday as institutional investors took buy positions on several bluechips.After falling for four consecutive days, the JSX Composite Index strengthened to close two points higher at 514.

Semen Andalas cuts debts

Semen Andalas cuts debts JAKARTA (JP): PT Semen Andalas cement company in Aceh province announced here yesterday that it has restructured its capital and reduced its long-term debts to US$79 million by admitting new investors.

Processing of demolition permit revised

Processing of demolition permit revised JAKARTA (JP): The city administration is evaluating permit processing procedures to see why developers are tending to demolish city property to make way for construction projects.

Sukmawati rejects debate on Sukarno

Sukmawati rejects debate on Sukarno JAKARTA (JP): Sukmawati Sukarnoputri, a daughter of the late president Sukarno, has rejected journalist Mochtar Lubis' challenge for an open debate on her fathers' involvement in the 1965 coup.

INRO to meet on extending existing pact

INRO to meet on extending existing pact KUALA LUMPUR (AFP): World rubber producers are next month expected to endorse a further extension of an expired price pact after they failed to conclude a new accord at recent talks in Geneva, officials said yesterday.

Bali forest fire almost extinguished

Bali forest fire almost extinguished DENPASAR, Bali: Yesterday residents of three villages in Baturiti, Tabanan, were still fighting fires that have swept around 160 hectares of forest over the past couple of days.

Judge, prosecutor investigated

Judge, prosecutor investigated DILI, East Timor: The district court and the public prosecutor's office are investigating a judge and a prosecutor suspected of taking bribes from two men on trial for corruption charges.

Modern to float MCBs and warrants on local markets

Modern to float MCBs and warrants on local markets JAKARTA (JP): PT Modernland Realty, a publicly-listed residential and real estate developer, will issue mandatory convertible bonds (MCBs) and detachable warrants to raise fresh funds of Rp 299.2 billion (US$137.

APEC's business network welcomes PBF report

APEC's business network welcomes PBF report JAKARTA (JP): The Asia Pacific Business Network (APB-Net) yesterday hailed a recent report calling for members of the Asia Pacific Economic Cooperation (APEC) forum to aim for trade and investment liberalization by the year 2010.

Safety on roads

Safety on roadsFrom KompasOn Sept. 20, 1994, at about 7 p.m. my fiance stopped for a red traffic light at the Jl. Gunung Sahari and Jl. Garuda/Navy Headquarters intersection, on his way to pick me up from work.

Thief arrested in Blok M

Thief arrested in Blok M Cries of help from the victim of a mugging in Blok M Shopping Complex, South Jakarta, prompted action by a security guard stationed nearby.A group of unknown people mugged Sukarso, a resident of Jembatan II, Jelambar, West Jakarta.

Lawmen probe smuggled goods

Lawmen probe smuggled goods CIREBON, West Java: The local prosecutors' office is investigating smuggled goods worth Rp 3 billion (US$1.4 million) at the local seaport.Antara, quoting sources at the office, reported yesterday that investigators were cross-checking information on how the goods were...

University sacks govt critic Arief Budiman

University sacks govt critic Arief Budiman SALATIGA, Central Java (JP): Arief Budiman, lecturer at the Christian University of Satya Wacana and an outspoken government critic, has been sacked from the school after a prolonged conflict with the rector.

Information prime need for businessmen: Try

Information prime need for businessmen: Try JAKARTA (JP): Vice President Try Sutrisno yesterday opened a six-day export product exhibition, saying that information is a prime need for Indonesian businessmen to increase their exports.

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.

Basofi apologizes to PDI for intervention

Basofi apologizes to PDI for intervention JAKARTA (JP): East Java Governor Basofi Sudirman has apologized to leaders of the Indonesian Democratic Party (PDI) for meddling in its internal problem.Basofi told PDI regency leaders, who gathered at his office in Surabaya yesterday, that he wanted to...

Hike in tariff will help rural people: Minister

Hike in tariff will help rural people: Minister JAKARTA (JP): Minister of Mines and Energy I.B. Sudjana yesterday defended the government's decision to hike electricity tariffs beginning next month, saying that it will help accelerate electrification for the majority of the country's population.

Implementation of Human Rights

Implementation of Human Rights Addressing the Second National Workshop on Human Rights, held on Oct. 24, 1994, President Soeharto said that follow-up actions have been done to the recommendations made during the first Workshop on Human Rights held in January 1991.

ADB assists RI, Pakistan

ADB assists RI, Pakistan MANILA (Reuter): The Asian Development Bank said yesterday it had approved a US$25.7 million soft loan to five Indonesian provinces for relending to small entrepreneurs.The Manila-based bank said the loan would benefit as many as 300,000 families in West Java, Central Java,...

Telephone tycoon likely to enter Chuan's cabinet

Telephone tycoon likely to enter Chuan's cabinet BANGKOK (Reuter): Thai Prime Minister Chuan Leekpai has submitted a final list of cabinet changes, which local newspapers say includes the controversial nomination of a businessman who is not a member of parliament as foreign minister.

Bogor villages prone to disasters

Bogor villages prone to disasters JAKARTA (JP): An executive of the natural disaster prevention coordination team (PBA) has disclosed that 55 villages in Bogor, 60 kilometers south of here, are prone to natural calamities.

Inco's profit plunges

Inco's profit plunges TORONTO (AFP): Inco, the world's leading nickel producer, announced Monday its net profit plunged 97 percent to US$2.6 million in the third quarter of 1994, down from $91.2 million for the same period a year ago.Earnings per share were $0.02, down from $0.83.

N-250 plane is ready to enter turboprop market

N-250 plane is ready to enter turboprop market BANDUNG, West Java (JP): The state-run aircraft manufacturer PT Industri Pesawat Terbang Nusantara (IPTN) is ready to compete in the turboprop commuter plane market with the subsonic N-250 aircraft equipped with fly-by-wire technology.

Health office issues warning

Health office issues warning A Jakarta Health Office official warned Jakartans yesterday of the possibility of epidemics of dengue fever and diarrheal diseases occurring during the coming monsoon season.

Don't buy anything from street vendors

Don't buy anything from street vendors The chief of the city security and order department urged Jakartans not to buy anything from sidewalks vendors and peddlers who sell their merchandises in the restricted areas.

Soeharto receives credentials

Soeharto receives credentials JAKARTA (JP): President Soeharto received letters of credentials from the new Indian and Norwegian ambassadors at a ceremony at the Merdeka Palace yesterday.Before being posted to Jakarta, Sudhir T.

TV Today

TV TodayTVRI 2:30 p.m. TV Series: Prince Valliant 3:05 Gita Wicara 3:30 Science Program 4:05 Comedy 4:30 Documentary Film 5:00 Regional News 5:30 Indonesian Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:45 Langka Tapi Nyata 7:00 Evening News 7:30 Music Contest: Asia Bagus 8:05...

Alatas calls for teamwork on Spratlys

Alatas calls for teamwork on Spratlys JAKARTA (JP): Minister of Foreign Affairs Ali Alatas said yesterday that the workshop on the Spratly islands, due to begin in Bukittinggi, West Sumatra, today, will not be institutionalized.

Indonesia must learn from China, Soeharto says

Indonesia must learn from China, Soeharto says JAKARTA (JP): President Soeharto is asking the national sports circle to learn from China on how the country of 1.2 billion people cultivates its talents to reach world sports supremacy.