Indonesian Political, Business & Finance News

Archive: 5 November 1994

53 articles found

Nissho Iwai Corp approve $260m loan for Humpuss

Nissho Iwai Corp approve $260m loan for Humpuss JAKARTA (JP): Nissho Iwai Corporation of Japan yesterday approved an offshore loan worth US$260 million for PT Kaltim Methanol Industri (KMI), a subsidiary of Humpuss Group, for the construction of its $330 million methanol project in Bontang, East...

U.S. urges Malaysia, China to back trade plan

U.S. urges Malaysia, China to back trade plan MANILA (Reuter): A U.S. official yesterday urged countries like China and Malaysia with reservations about a regional free- trade zone to back a liberalization plan at the Asia-Pacific Economic Cooperation (APEC) meeting in Indonesia.

Malaysia to reject APEC trade pact

Malaysia to reject APEC trade pact KUALA LUMPUR (AFP): Malaysia yesterday reasserted its objection to a plan for an APEC free trade pact by 2020, saying that while Australia had the right to push for it, Kuala Lumpur had the right to reject it."It is their right to push...

APEC talks deadlocked on investment

APEC talks deadlocked on investment JAKARTA (JP): Asia Pacific Economic Cooperation (APEC) negotiators yesterday failed to reach an agreement on the formulation of non-binding investment principles and decided to bring the issue to a committee meeting today.

Population office targets residents with no papers

Population office targets residents with no papers JAKARTA (JP): The municipal population office initiated an operation at 13 low-cost apartments throughout the city yesterday, arresting residents, including foreigners, who lacked the necessary identity documents.

Ex-Bapindo boss makes last gasp not-guilty plea

Ex-Bapindo boss makes last gasp not-guilty plea JAKARTA (JP): Towil Heryoto, the former president of Bank Pembangunan Indonesia (Bapindo), made an eleventh hour appeal to the court to acquit him of corruption charges, stressing that he was simply a victim of other people's greed.

Call made easier during APEC

Call made easier during APEC JAKARTA (JP): The state telecommunications company, PT Telkom, has temporarily installed 4,000 new lines to support the series of Asia Pacific Economic Cooperation (APEC) meetings, which started here yesterday.Telkom's president, Setyanto P.

Minibus drivers go on strike

Minibus drivers go on strike JAKARTA (JP): Tens of driver of minibus plying the route of Bekasi bus terminal-Rawalumbu area in Greater Jakarta went on a strike yesterday to protest the operation of new minibuses with no proper licenses.

Mini vans to serve Kamal

Mini vans to serve Kamal Around 20 mini vans of Wahana Kalpika cooperation (KWK) will soon be used as rural transportation to serve Kamal subdistrict, West Jakarta.Suara Pembaruan evening daily reported yesterday that the West Jakarta office of the City Land Transportation Control Agency (DLLAJ) is...

Soeharto's offer on E. Timor gets mixed reactions

Soeharto's offer on E. Timor gets mixed reactions JAKARTA (JP): President Soeharto's offer to hold reconciliatory talks with exiled East Timorese opposing the integration of their homeland with Indonesia met mixed reactions from politicians yesterday.

Dharmala's profit up

Dharmala's profit up MANILA (AFP): The Philippine affiliate of the Dharmala Group of Indonesia posted a 44-percent increase in net income for the first three quarters of 1994, documents obtained here yesterday said.Dharmala Philippines Inc.

England's Nick Faldo hits 63 for a new course record

England's Nick Faldo hits 63 for a new course record JAKARTA (JP): England's world number three Nick Faldo overcame the heat and the layout to fire a blistering eight under-63 and set a course record at the half-way stage of the Alfred Dunhill Masters golf championship at the Bali Golf and Country...

RI is ready to respond to environmental charges

RI is ready to respond to environmental charges JAKARTA (JP): Alarmed by international criticism of the country's environmental record, the Indonesian delegation for the Asia Pacific Economic Cooperation (APEC) meetings will be armed with an information package on environmental management.

Poor service hampers insurance businesses

Poor service hampers insurance businesses JAKARTA (JP): Indonesia's insurance industry needs to improve on the services their companies offer, the Director of Insurance at the Ministry of Finance, Sophar L. Toruan, said here yesterday.

Three persons incinerated

Three persons incinerated MEDAN, North Sumatra: Three family members were killed in a fire that destroyed four houses near Belawan harbor on early on Thursday, police said yesterday.The police identified those killed as Husin bin Jamil, 26, his wife Ratna Dewi, 20, and their daughter Nuraini, 5,...

Traffic and APEC

Traffic and APEC A suggestion has been made to declare Nov. 14 and Nov. 15 as public holidays in Jakarta to ease the traffic for the convenience of delegates to the meeting of the Asia Pacific Economic Cooperation (APEC) forum.

Govt defends hikes in seaport service rates

Govt defends hikes in seaport service rates JAKARTA (JP): Directorate General of Sea Transportation Soentoro yesterday vowed to improve efficiency of port services following the recent rise in rates of five port services.

Malaysian actor asked to leave for visa abuse

Malaysian actor asked to leave for visa abuse JAKARTA (JP): Malaysian Nand Kumar Bhagwandas, 30, who is well-known for his role as Hans in the famed television serial Si Doel Anak Sekolahan (Si Doel, the Schoolboy), has been asked to leave Indonesia for working illegally.

Jakarta streets blossom for APEC

Jakarta streets blossom for APEC JAKARTA (JP): Jakarta will greet delegates of the upcoming Asia Pacific Economic Cooperation (APEC) meeting with flowers, banners and decorative lights.Chief of the City Parks Office Syamsir Alamsyah told reporters after a meeting at City Hall yesterday that his...

Consumer group to probe gasoline sold in Jakarta

Consumer group to probe gasoline sold in Jakarta JAKARTA (JP): The chairperson of the Indonesian Consumers Protection Foundation said yesterday that the foundation plans to sample and survey the gasoline and diesel fuel sold in Jakarta.

Thieves make specialization

Thieves make specialization SEMARANG, Central Java: Three "specialists" in shoplifting women's underwear were arrested after one of the partners, unhappy with the distribution of their lacy loot, revealed their activities to the police.

Where to go in Jakarta:

Where to go in Jakarta:Music * The Aryaduta Jakarta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Thursday, Friday and Saturday from 7 p.m. to 11 p.m.; Lost Morenitos, Sunday, Tuesday and Wednesday from 7 p.m. to 11 p.m.

UNDP aids Indonesia

UNDP aids Indonesia JAKARTA: The United Nations Development Program has granted $1.53 million in grant to help strengthen Indonesia's disaster management capacities.The cooperation agreement was signed on Wednesday between UNDP resident representative C.

Joko, Susi into Thai Open semis

Joko, Susi into Thai Open semis BANGKOK (AFP): Indonesia's top seed Joko Suprianto gave his Chinese opponent little chance in a classy display on his way into the semifinals of the Thai Open here yesterday.

Twelve drowned in flash flood

Twelve drowned in flash flood MATARAM, West Nusa Tenggara: Twelve people drowned and 12 others went missing in a flash flood that swept the Aikmel subdistrict on Thursday, officials said yesterday.The Tanggik River overflowed following a two-hour downpour, spokesman for the East Lombok regency...

Link between education and industry

Link between education and industryBy Sg. Ferryanto SALATIGA, Central Java (JP): Our tertiary education institutions are subject to serving as research and development centers. They are expected to play a major role in technology transfer programs, together with ministerial and non-ministerial...

Out-of-town students find it hard to settle in city

Out-of-town students find it hard to settle in cityBy Yoko N. Sari JAKARTA (JP): Adjusting to life in Jakarta is not as easy as you may think. Although the Indonesian capital is the most metropolitan city in the country, with almost every culture and lifestyle represented, fitting in can be...

Telkom cleans up public phones

Telkom cleans up public phones The South Jakarta office of the state-owned PT Telkom telecommunication company deployed personnel to clean up 600 public phones in the area in line with the Asia Pacific Economic Cooperation (APEC) conference.

Top judge urges govt to pay Kedungombo compensation

Top judge urges govt to pay Kedungombo compensation JAKARTA (JP): A top judge has urged the government to pay compensation to the villagers whose land has been acquired for the Kedungombo reservoir in compliance with the original Supreme Court ruling.

Mosque and loud speaker

Mosque and loud speakerFrom Pikiran RakyatInstruction No. Kep/D/101/1078 dated June, 17, 1978, issued by the Directorate General of Islamic Religion of the Ministry of Religious Affairs, regulates the use of loud speakers in mosques, mushola, and langgar.

English language teachers should get to know to their students

English language teachers should get to know to their studentsBy Tim Drown SEMARANG (JP): As an English teacher I have also been attracted to Byron Black's column on English, "The Listening Post." I have become disappointed, however, after reading the column on some days.

Church Services

Church Services * Catholic Church, University of Atmajaya, Jl. Jend. Sudirman: Saturday 5:30 p.m., Sunday, 9 a.m., 10:30 p.m. (with songs) and 5:30 p.m. * First Church of Christ, Scientist, Jl. Teuku Cik Ditiro 48, Menteng, Central Jakarta: Services on Sunday at 9:30 a.m. (in Indonesian) and 8 a.m.

Bourse directive seen as dampener to market

Bourse directive seen as dampener to market KUALA LUMPUR (AFP): A new directive by Malaysia's stock exchange for brokers to report transactions daily has dented the market this week but could enhance investor confidence in the local bourse in the long-term, analysts said yesterday.

Singapore to reward former city planners

Singapore to reward former city planners SINGAPORE (AFP): After hiking ministers' salaries, Singapore has announced plans to reward officials who plotted the island- state's growth into a thriving metropolis but retired before they could benefit from its success.

World crossers to compete here

World crossers to compete here JAKARTA (JP): Thirteen leading world competitors will stake their claims on victory in the fourth and final leg of the Lucky Strike International Motocross Championships at the Raffles Village track in Cibubur, East Jakarta, on Nov. 12 and Nov. 13.

OPEC may extend output ceiling

OPEC may extend output ceiling ABU DHABI (AFP): OPEC oil ministers meeting in Indonesia this month will likely extend the cartel's official production ceiling to support sagging oil prices, the official Emirates news agency said yesterday.It said the rollover of the 24.

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) continued drifting lower with most issues loosing ground in heavy trading yesterday in line with the downward trend on other Asian markets.The JSX Composite Index, which closed 1.25 points lower to end at 522.

Indonesia hails enforcement of UN sea law

Indonesia hails enforcement of UN sea law JAKARTA (JP): Indonesia yesterday hailed the enforcement of the UN's Law of the Sea Convention which finally grants world recognition to the concept of Indonesia as an archipelagic state.

Radius plays intermediary role

Radius plays intermediary role SALATIGA, Central Java: Former finance minister Radius Prawiro has intervened in the controversy surrounding the dismissal of Arief Budiman, the well-known scholar from Satya Wacana Christian University.

Historical fact on East Indies

Historical fact on East Indies In the face of the abundant evidence of his misdeeds there is no doubt that by all standards Kapitein Raymond "De Turk" Westerling must be considered a war criminal. And I do not know why he was never charged with misconduct and court-martialed, neither do I know why...

Marubeni's unit in Asia

Marubeni's unit in Asia TOKYO (AFP): Japanese trading house Marubeni Corp. has formed a subsidiary to plan and coordinate the construction of electric power generation plants in Asia, company officials said yesterday.Marubeni Asian Power Ltd.

Police raid fake diesel fuel production syndicate

Police raid fake diesel fuel production syndicate JAKARTA (JP): City Police are questioning executives of two diesel fuel distributor companies in connection with the arrest of their employees for mixing diesel fuel with kerosene in four tank trucks before selling it to customers.

Environment minister complains bird hunting ban ignored

Environment minister complains bird hunting ban ignored JAKARTA (JP): The government ban against all bird hunting, issued last April, has been largely ignored, said State Minister of Environment Sarwono Kusumaatmadja.

City planning needs support

City planning needs support Governor Surjadi Soedirdja has asked universities in Jakarta to support Jakarta's nine planning strategies established in 1992 in order to alleviate the city's population problem, especially in the most impoverished areas.

Bus owners told to bring fleets up to standard

Bus owners told to bring fleets up to standard JAKARTA (JP): The municipal administration has ordered owners of buses and other public transit vehicles operating in the capital to bring their fleets up to standard to improve service and facilitate traffic flow.

Vegetables and lead

Vegetables and lead The Annual Marie Antoinette Award should go to Umar Fahmi Achmadi for his "Let them eat vegetables only once a week" statement in response to the very disturbing news that lead is showing up in vegetables (The Jakarta Post, Nov. 3, 1994).

TV today

TV todayTVRI 2:30 p.m Sports: Tennis ATP 3:30 Film 4:30 Youth Program 5:00 Regional News 5:30 Science Program 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Music: Jazz 7:00 Evening News 7:30 Dianrana 8:05 TV Drama: Hati Yang Mendua 9:00 World News 9:30 Rona Nusantara 10:35 Late News...

Harmoko has 2 weeks to respond to `Tempo'

Harmoko has 2 weeks to respond to `Tempo' JAKARTA (JP): Minister of Information Harmoko has been given two more weeks by the Jakarta State Administrative Court to respond to charges by a senior journalist that his action to ban Tempo magazine in June was illegal.

Japan to host APEC meet

Japan to host APEC meet TOKYO (AFP): Japanese Trade Minister Ryutaro Hashimoto is to propose at the forthcoming APEC meeting in Indonesia that Japan host a conference on energy-related issues in the Asia-Pacific region next April.

APEC to set up programs for customs cooperation

APEC to set up programs for customs cooperation JAKARTA (JP): Minister of Finance Mar'ie Muhammad yesterday suggested that the Asia Pacific Economic Cooperation (APEC) forum formulate programs and action plans for strengthening customs and excise cooperation in the region.

Clinton set to discuss human rights

Clinton set to discuss human rights JAKARTA (JP): United States President Bill Clinton and Indonesia's President Soeharto will wrestle with human rights and labor issues when the American head of state makes a one-day state visit here next week.

Strong goodwill of

Strong goodwill of govt needed for ecological advocacy JAKARTA (JP): Strong good will toward conservation on the part of the government will optimize environmental advocacy, an anthropologist said yesterday.

Book on travel, tourism published

Book on travel, tourism published American Express Travel Related Services in cooperation with the Ministry of Tourism, Post and Telecommunications has published a Source Book on Travel & Tourism for APEC delegates and journalists.