Indonesian Political, Business & Finance News

Archive: 23 November 1994

43 articles found

Singapore's Goh sees 30% trade bonus from APEC

Singapore's Goh sees 30% trade bonus from APEC WELLINGTON (Reuter): Singapore Prime Minister Goh Chok Tong said yesterday trade could soar by up to 30 percent in a planned Asia-Pacific free zone, but cautioned that working out details would be the real difficulty.

RP starts road project

RP starts road project MANILA (AFP): President Fidel Ramos yesterday launched a toll road project to link the capital with the former U.S. military bases at Clark and Subic Bay, which are being transformed into light industry enclaves.

Porn video cassettes seized

Porn video cassettes seized SERANG, West Java (JP): Police here seized more than 100 pornographic video cassettes from an illegal duplication factory in Cilame, Serang, the Antara news agency reported yesterday.Lt. Col.

Criminal a part of Timor protesters at U.S. embassy

Criminal a part of Timor protesters at U.S. embassy JAKARTA (JP): City police said yesterday that one of the 29 East Timorese currently staging a protest at the American Embassy is a wanted criminal.Speaking to reporters, City Police Chief Maj. Gen.

Three said injured in power plant accidents

Three said injured in power plant accidents JAKARTA (JP): Two non-governmental organizations yesterday urged the East Java government to take safety measures at a power transmitter in Gresik following a recent series of explosions that injured three people.

World doubles final swings into full gear

World doubles final swings into full gear JAKARTA (JP): The ATP World Doubles championship swings into full gear today when all eight teams lock horns at the Senayan tennis indoor stadium.Playing in the White Group, third seeds South Africa's Byron Black and Jonathan Stark of the U.S.

APEC's survival shaky

APEC's survival shaky Tricked out in Indonesian batik camouflage gear, the 18 leaders of the Asian-pacific Economic Cooperation group beamed broadly at the camera, happy, no doubt, that the worst thing to emerge from the summit was having to turn out in public in their host's choice of attire.

OPEC set to keep tab on output

OPEC set to keep tab on outputBy Frits H. Pangemanan KUTA, Bali (JP): The Organization of Petroleum Exporting Countries (OPEC) yesterday agreed to extend its output ceiling of 24.52 million barrels per day (bpd) until the end of 1995 and appointed a former Nigerian minister as secretary general.

Man stole drug from army

Man stole drug from army BANDUNG, West Java (JP): An 18 year old man is on trial for stealing morphine from an army warehouse.Prosecutor Djuharia Anwar said in his indictment that JRS has stolen 455 ampules of HCL morphine, 224 ampules of Opial and 55 ampules of Decodid injection from the army's...

MUI to hold 'halal' food expo

MUI to hold 'halal' food expo The Indonesian Ulema Council (MUI) will hold a halal (permitted by the Islamic laws) food exhibition at Istiqlal Mosque on Jan. 18 to 22.Aisyah Girindra, director of MUI's Institute of Food, Drug and Cosmetics Assessment, said that the exhibition will display various...

Poor control of pipe the cause of leakage

Poor control of pipe the cause of leakage JAKARTA (JP): Director of the city owned water company PAM Jaya Syamsu Romly admitted that control over its water pipe installation projects is ineffective.The director told the City Council's Commission D in charge of development affairs in a meeting...

Pay hike for Maluku employees

Pay hike for Maluku employees AMBON, Maluku (JP): The provincial administration will increase the standard regional daily minimum wage from Rp 3,100 (US$1.4) to Rp 3,800 as of April next year, an officer said.

APEC PR good lessons for RI business

APEC PR good lessons for RI businessBy Larry Pintak JAKARTA (JP): "Thank God for the kids at the embassy," were the words spoken by one of the dozens of Western TV correspondents covering the Asia Pacific Economic Cooperation meeting last week.

Competition among private banks will get fiercer next year

Competition among private banks will get fiercer next year JAKARTA (JP): Analysts estimate that competition among private banks to raise funds from the public will be tighter next year, despite Bank Indonesia's warning which has called on them to slow down their lending growth rate.

Work harder on environment, Soeharto says

Work harder on environment, Soeharto says JAKARTA (JP): Indonesia still needs to work hard at preserving and strengthening the environment despite encouraging results on this front, President Soeharto said.

Exports expected to increase 16% yearly after GATT

Exports expected to increase 16% yearly after GATT JAKARTA (JP): The annual growth rate of Indonesia's exports are projected to increase by 16 percent after the implementation of the new General Agreement on Tariffs and Trade (GATT) next year, Minister of Trade Satrio B. Joedono says.

Leading Islamic groups warn against ties with Israel

Leading Islamic groups warn against ties with Israel JAKARTA (JP): Leaders of Indonesian Islamic groups sent a strong message yesterday against opening diplomatic relations with Israel, only weeks after a prominent Indonesian Moslem scholar urged Jakarta to reconsider its refusal of ties with the...

Bogor after APEC meeting

Bogor after APEC meetingFrom KompasThirty-five years ago, when I was still a girl, I loved to spend my holidays in Puncak. We went there via Bogor. Back then Bogor was nice, cool and clean. But now, in spite of its slogan Tegar Beriman (an acronym for orderly, fresh, clean, beautiful and safe),...

Seirawan upsets Utut in opening duel

Seirawan upsets Utut in opening duel JAKARTA (JP): American grand master Yasser Seirawan upset Indonesia's number one grand master Utut Adianto on the first day of their four-day duel sanctioned by the world chess body (FIDE) here yesterday.

Shipping firms evade taxes for survival

Shipping firms evade taxes for survival JAKARTA (JP): Evading the payment of taxes and port billing fees through manipulation has become common among domestic shipping firms as their businesses continue to face increasing competition, especially from foreign companies since deregulation.

New telephone exchange constructed in E. Jakarta

New telephone exchange constructed in E. Jakarta JAKARTA (JP): Deputy Governor for Administrative Affairs Idroes laid the cornerstone for the construction of a new telephone exchange with a capacity of 10,000 lines in Pulogebang, East Jakarta, yesterday.

Subdistrict chief sacked for graft

Subdistrict chief sacked for graft PALU, Central Sulawesi: Governor Abdul Azis Lamadjido has dismissed a subdistrict (camat) chief for embezzling government funds earmarked for the development of impoverished villages.The subdistrict chief of Bunta, identified by Antara as AH, embezzled Rp 1.

Three assault suspects arraigned

Three assault suspects arraigned Three men who allegedly attacked the son of Minister of Manpower Abdul Latief were arraigned at the Central Jakarta District Court yesterday.The three defendants are JZK, 16, GSH, 16 and HSH, 17.

Fight collusion!

Fight collusion!From Surabaya PostThe community hailed Prof. Soemitro's statement to reporters that collusion must be fought. Meanwhile Director General of Tax Fuad Bawazier categorized positive collusion from negative collusion.

Governor warns of flooding

Governor warns of flooding Governor of Jakarta Surjadi Soedirdja wants Jakartans to prepare themselves for the floods sure to come in the current rainy season.Speaking to reporters on Monday, the governor told people to start cleaning the garbage out of the gutters in their neighborhoods so that...

Students fired for rape

Students fired for rape DENPASAR, Bali (JP): Three students were dismissed from a private high school after the police charged them with the raping a young woman."The school's decision to dismiss the three students can be justified as a form of punishment," Lt. Col.

Handicapped people defend their rights

Handicapped people defend their rights JAKARTA (JP): The Indonesian Disabled Peoples' Association yesterday condemned the denial of disabled women's reproductive rights in some foreign countries."We believe that every woman, be she disabled or not, has the undisputed reproductive right as part of...

Agriculture development strategy needs changes (1)

Agriculture development strategy needs changes (1) This is the first of two articles on upland farming.By Rusdian Lubis JAKARTA (JP): Nomadic and dry-land farmers have been blamed for the recent forest fires in Kalimantan and Sumatra. The farmers were responsible for 85 percent of the 5.

Stock Exchange

Stock Exchange JAKARTA (JP): The price slump continued on the Jakarta Stock Exchange (JSX), with the price declines taking place across the board.After suffering a loss of more than three points on Monday, the JSX Composite Index lost another nine points to close at 498.66 yesterday.

APEC and tourism

APEC and tourismFrom Media IndonesiaThe APEC meeting is now a thing of the past. Included in the 18 heads of state/governments present at the meeting were the President of the United States, Japan's Prime Minister, South Korea's President and Australia's Prime Minister.

Is BNI City approved?

Is BNI City approved?From NeracaWe learned from the media that a kampong in the Dukuh Atas area, Central Jakarta, is called "BNI City". In this area BNI bank and a hotel of international standards have been built. More luxurious buildings are going to be built later.

Toll roads and traffic jams

Toll roads and traffic jamsFrom NeracaMore and more hawkers are now selling their goods on the congested toll roads.Motorists who hope to have a convenient, fast drive on the toll roads may no longer be surprised to find themselves being trapped in a traffic jam.

ASEAN phone links important

ASEAN phone links important MANILA (AFP): Regional cooperation in telecommunications among Southeast Asian nations can make the region "an attractive single market for foreign investment," according to International Telecommunications Union (ITU) analyst Michael Minges.

BP to invest $2b in Vietnam

BP to invest $2b in Vietnam HANOI (AFP): British Petroleum plans to invest US$2 billion to develop gas infrastructure in Vietnam by the end of the century, the company's local manager said in an interview published yesterday.

RI expects more tourists

RI expects more tourists JAKARTA (JP): Indonesia can expect more foreign visitors in the near future due to the wide coverage of the recent meetings of the Asia Pacific Economic Cooperation (APEC) here, a South Korean tourism executive says.

Economists upbeat about 1995 outlook

Economists upbeat about 1995 outlook JAKARTA (JP): Prominent macroeconomic analysts are predicting a brighter outlook for Indonesia's economy next year, with the manufacturing and construction sectors continuing to play dominant roles in the Gross Domestic Product (GDP) growth.

Abilio apologizes to nation

Abilio apologizes to nation JAKARTA (JP): East Timor Governor Abilio Jose Osorio Soares yesterday apologized to the nation for the behavior of a group of East Timorese who staged a protest at the American embassy just as Indonesia was to host a major international event last week.

Fresh conflict flares at Satya Wacana University

Fresh conflict flares at Satya Wacana University SALATIGA, Central Java (JP): A fresh row erupted at the Satya Wacana Christian University yesterday after two weeks of relative calm.The new commotion was triggered by anonymous leaflets criticizing university's key figures who dissolved the...

Mandarin language

Mandarin languageFrom Surabaya PostMaking the Mandarin language one of the requirements for applying to a job is detrimental to the unity and integrity of the nation.It should be noted that Mandarin is only understood by people over 50 years old.

Significance of Bogor pact

Significance of Bogor pact We opt to take the course toward market economy with a critical view. We do not take this choice of stance alone, but with other countries.The road toward trade liberalization is long and winding.

City govt to reorganize subdistrict administration

City govt to reorganize subdistrict administration JAKARTA (JP): The city administration will realign the subdistrict administration, including its personnel and building offices, in order to improve services.

Police submit dossier of immigration officer

Police submit dossier of immigration officer JAKARTA (JP): Police say they have handed over the dossier of a high-ranking immigration official accused of using his gun in an irresponsible manner."We delivered the dossier several weeks ago and the official has been released on bail," City Police...

Fifteen killed as Mt. Merapi spew hot lava

Fifteen killed as Mt. Merapi spew hot lava JAKARTA (JP): Mt. Merapi in Central Java spewed steam and lava at midday yesterday, killing 15 people, burning hundreds of others and leaving 36 missing.Thousands of people living in an area south of the volcano, which was immediately declared a danger...