Indonesian Political, Business & Finance News

Archive: 15 December 1994

54 articles found

Floods, landslides sweep Cilacap

Floods, landslides sweep Cilacap PURWOKERTO, Central Java: Floods and landslides have swept the southern regencies of Cilacap and Banyumas over the past week, killing at least one person.The disasters have also caused material loses estimated at Rp 210 million (US$100,000), Cilacap regent Mohammad...

Business participation needed in transmigration

Business participation needed in transmigration JAKARTA (JP): Cabinet ministers agreed yesterday that entrepreneurs must involve themselves in speeding up the development of transmigration areas.They said during a seminar that businessmen could contribute technology and money to develop...

Private sector and poverty

Private sector and poverty President Soeharto proposed this week that employees of private companies set aside part of their wages to help the poor. This kind of contribution is not a new thing to civil servants.

Mount Salak sets momentum for geothermal station

Mount Salak sets momentum for geothermal station JAKARTA (JP): Gunung Salak in West Java is setting the momentum for the accelerated development of geothermal resources in Indonesia.Two new geothermal power stations at Mount Salak with a combined capacity of 110 megawatts (MW), and one with 55v MW...

Businessmen help fight poverty

Businessmen help fight poverty SURABAYA, East Java: The latest trend in the city: community leaders and entrepreneurs join hands to fight poverty.East Java governor Basofi Sudirman said that more and more entrepreneurs and community leaders are raising funds to support poverty eradication projects.

Ulemas campaign against possible ties with Israel

Ulemas campaign against possible ties with Israel JAKARTA (JP): Over 50 respected ulemas yesterday pressured the House of Representatives into joining their campaign against what they saw as possible links with Israel.Led by Abdul Rasyid A.

Ometraco, Accor tie up to build three star hotels

Ometraco, Accor tie up to build three star hotels JAKARTA (JP): PT Ometraco Realty, a public property firm, signed two agreements yesterday with Accor Asia Pacific, an international hotel management company, for the creation of a hotel development company and a hotel management firm.

Maritime official warns of upsurge in pirate attacks

Maritime official warns of upsurge in pirate attacks KUALA LUMPUR (Reuter): Maritime officials have warned of an upsurge in pirate attacks in a strait off Indonesia, with nine ships raided in the space of six weeks.

BPS given PBBB grade for payment capability

BPS given PBBB grade for payment capability JAKARTA (JP): PT Pefindo, Indonesia's first credit rating agency, has awarded a PBBB+ grade for the 25-year bonds of the publicly listed Bank Papan Sejahtera (BPS)The bonds, the seven debt instruments issued by BPS, are the first debt instruments that...

Merpati to open city check-in counter

Merpati to open city check-in counter JAKARTA (JP): Merpati Nusantara Airlines, a subsidiary of the national flag carrier Garuda Indonesia will open a city check-in counter next month for passengers traveling from Jakarta and Surabaya, East Java.

KL, S'pore plan joint exercise

KL, S'pore plan joint exercise KUALA LUMPUR (AFP): Kuala Lumpur plans to test the skill and speed of its navy in reacting to potential threats in a joint exercise with Singapore in the Malacca Strait this week, Malaysian navy officials said yesterday.

Asia Africa Forum needs tripartite funding

Asia Africa Forum needs tripartite fundingBy Meidyatama Suryodiningrat BANDUNG (JP): The executive assistant of the Non-Aligned Movement Nana Sutresna yesterday underlined the importance of a tripartite financing mechanism involving the developed nations in implementing South-South cooperation...

Traffic detour on several roads

Traffic detour on several roads JAKARTA (JP): The city land transportation office announced yesterday that the traffic flow in several roads in East Jakarta and North Jakarta will be detoured starting tomorrow due to road repairs.

Wiranto asked to anticipate Jakarta problems

Wiranto asked to anticipate Jakarta problems JAKARTA (JP): Army Chief of Staff Gen. Wismoyo Arismunandar asked newly-installed Jakarta Military Commander Maj. Gen. Wiranto yesterday to detect and stop any efforts made to undermine the unity of the nation, as early as possible.

Industrial awards presented

Industrial awards presented JAKARTA (JP): President Soeharto presented yesterday the Upakarti industrial awards to 44 businessmen and companies from 14 provinces who have contributed greatly to the development of small firms, cooperatives and craftsmen.

Censorship policy questioned

Censorship policy questioned JAKARTA (JP): Noted writer Sapardi Djoko Damono yesterday questioned the government's censorship on literature, pointing out that fiction should realistically reflect society.

W. Jakarta prone to crimes

W. Jakarta prone to crimes JAKARTA (JP): West Jakarta mayoralty recorded the highest number of crimes last month, with a total of 186 cases, said the spokesman for the City Police, Bambang Haryoko.Bambang was quoted by the Antara news agency as saying that the crime cases in the mayoralty consisted...

Making sense of Gus Dur and the Nahdlatul Ulama

Making sense of Gus Dur and the Nahdlatul UlamaBy Santi WE Soekanto JAKARTA (JP): Covering the recent congress of Nahdlatul Ulama (NU) was as memorable an experience as being plunged into a deep river when one can't swim.

Coca Cola responds

Coca Cola responds We appreciate the interest of Ted and Jea Henning (The Jakarta Post, Dec. 2, 1994) in protecting the natural beauty of Indonesia.The Coca Cola system in Indonesia is in the process of switching to stay-on tabs for can packages.

AFC plans soccer summit

AFC plans soccer summit KUALA LUMPUR (AFP): The president of the Asian Football Confederation plans a special summit of world soccer leaders to resolve a growing row with FIFA president Joao Havelange.Sultan Ahmad Shah said yesterday he wanted a meeting of the heads of the five continental...

Jakarta Golf Club project underway

Jakarta Golf Club project underway JAKARTA (JP): PT Megacity Development Corporation, the owner of the Jakarta Golf Club, a 31-tower apartment project in Kemayoran, Central Jakarta, held a ground-breaking ceremony yesterday to start the construction of the prestigious five-year project.

Aspac gets 2nd win Kobatama finals

Aspac gets 2nd win Kobatama finals JAKARTA (JP): Powered by Bobby Parks and Felix Bendatu, defending champion Aspac of Jakarta yesterday pipped Pacific of Surabaya 95-78 on the second day of the Intercity Professional Basketball League's final leg.

Sahid Group expands to fishery business

Sahid Group expands to fishery business JAKARTA (JP): The Sahid Group will further diversify its line of business by establishing a joint venture in fisheries with two Chinese companies, with a total investment of US$50 million, the group's president says.

Comments on the leadership of Hendropriyono

Comments on the leadership of Hendropriyono JAKARTA (JP): Following the induction of Maj. Gen. Wiranto as the new City Military Commander to replace Maj. Gen. Hendropriyono yesterday, here are comments about Hendro and Wiranto made by several figures from various walks of life:Gen.

Minimum wage in Lampung hiked

Minimum wage in Lampung hiked BANDAR LAMPUNG, Lampung: The provincial government will increase the standard daily minimum wage from Rp 3,000 (US$1.5) to Rp 3,500 as of April next year.The local branch of the All-Indonesian Workers Union (SPSI) welcomed the plan yesterday and said that the...

8,000 officers on duty over the New Year holiday

8,000 officers on duty over the New Year holiday JAKARTA (JP): A total of 8,076 security personnel will be deployed to secure the city over the Christmas and New Year's Eve celebrations.According to City Police spokesman Lt. Col.

More residents complain over electric cables

More residents complain over electric cables JAKARTA (JP): About 30 people representing 84 families in Kampung Dukuh, Ciledug, Tangerang, complained to the House of Representatives yesterday about high voltage cables over their houses.

Japan's Eximbank, Daiwa lend to RI

Japan's Eximbank, Daiwa lend to RI TOKYO (AFP): The Export-Import Bank of Japan and Daiwa Bank Ltd. will extend US$50 million in low-interest loans to small- and medium-sized Japanese ventures in Indonesia, an Eximbank spokesman said yesterday.

Police search for mini bus attackers

Police search for mini bus attackers JAKARTA (JP): The City Police are still searching for two people who attacked a mini bus driver, Hadi Santoso, on Dec. 7 in the Ciputat area, South Jakarta.The City Police Spokesman Lt. Col.

Assault on reporter probed

Assault on reporter probed JAKARTA: Armed Forces Chief Gen. Feisal Tanjung has ordered an investigation into last week's attack on a Suara Timor Timur journalist in Dili."The police will handle the case," Tanjung told journalists here yesterday.

Women wrestlers to rock Bali

Women wrestlers to rock Bali JAKARTA (JP): An unusual sporting exhibition is expected to amuse people in Bali when 15 professional women wrestlers from Japan stage a series of bouts at the Bali Hyatt Hotel in Sanur, Denpasar, from Dec. 16 through 20.

Wanted: Dramas with local touch

Wanted: Dramas with local touch JAKARTA (JP): Director General for Culture Edi Sedyawati has challenged Indonesian drama series producers to come up with stories that have a touch of Indonesian identity.

New subscription rate

New subscription rate Due to increases in the price of newsprint and in production costs, The Jakarta Post has increased its monthly subscription rate to Rp 18,000 as of January 2, 1995.The new unregistered mailing rate has gone up from Rp 48,000 to Rp 54,000 for a three-month subscription.

Obituary

Obituary Abdurrachman Surjomihardjo, a senior researcher and noted historian, died yesterday at the age of 65 after suffering from liver complications.Abdurrachman, who dedicated most of his life to history, has been a staff researcher at the Indonesian Institute of Sciences since 1964.

Indorama's bonus shares

Indorama's bonus shares JAKARTA (JP): PT Indorama Synthetics, a major blended synthetics yarn producer in the country, said yesterday that it will issue one bonus share for every two equity shares owned by its existing shareholders.

Stock Exchange

Stock Exchange JAKARTA (JP): The trading on the Jakarta Stock Exchange (JSX) started recovering yesterday, with most shares gaining ground both in the morning and evening sessions.The JSX Composite Index gained 6.3 points to close at 453.37 from 447.04, the lowest level since August last year.

Deluxe brothel owner jailed for nine month

Deluxe brothel owner jailed for nine month JAKARTA (JP): Judge Stephanus Sutrisno of the South Jakarta District Court yesterday sentenced Hartono Setyawan, the owner of a high-class brothel, to nine months imprisonment.

Merapi victims

Merapi victimsFrom RepublikaThe Merapi disaster is still fresh in our minds. Our attention is now focused on the fate of the evacuees still housed in barracks and tents. They are apparently fed up with their monotonous life-style.

Late delivery

Late delivery Due to technical problems at our office, some subscribers outside Jakarta may have received their copy of The Jakarta Post later than usual yesterday. We apologize for the inconvenience caused. -- Publisher

RI men's team beats Chile

RI men's team beats Chile JAKARTA (JP): Indonesia earned mixed results at the 12th round of the Chess Olympics in Moscow on Tuesday, with its men's team storming to a big win over Chile.In a contrasting style, the national women's team scrambled all the way in its 0-3 rout by Germany.

Students mark arrests of fellow activists

Students mark arrests of fellow activists JAKARTA (JP): Dozens of students marched to the House of Representatives wearing gags yesterday to mark the anniversary of the Dec. 14, 1993 arrest of 21 students for insulting President Soeharto during a demonstration.

Why extra price?

Why extra price? Having happily lived in Jakarta since March, 1994, I have become accustomed to the "special treatment" that I am given by local residents. Even when this "special treatment" entails paying a higher price for goods and services I don't complain or gripe.

Radisson to open new hotels

Radisson to open new hotels JAKARTA (JP): The worldwide hotel chain of Minneapolis, Radisson Hotels International, which opened its Plaza Suite Hotel in Surabaya, East Java, last year, plans to operate two new hotels in Yogyakarta and Jakarta next year.

Modernland cancels plan to issue warrants

Modernland cancels plan to issue warrants JAKARTA (JP): The publicly listed Modernland Realty has canceled its plan to issue warrants, initially designed as sweetener for its mandatory convertible bonds.Michael V.

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.

City, UI to promote social discipline

City, UI to promote social discipline JAKARTA (JP): The city administration and the University of Indonesia (UI) are now working together to produce an operational concept in order to boost the social discipline in Jakarta.

Disgraced general appears as tycoon

Disgraced general appears as tycoon BANGKOK (AFP): Suchinda Khrapayoon, a former Thai Army chief who took power in a coup in 1991 and was forced from office in disgrace a year later, has waged a quiet but successful business campaign to return from the ashes of history.

UI lecturer denies punching student

UI lecturer denies punching student JAKARTA (JP): Purnawidhi Wardana, a lecturer at the University of Indonesia's law school, denied here yesterday reports that he punched a student activist during a rally on the campus compound on Tuesday.

PBSI gets more training centers

PBSI gets more training centers JAKARTA (JP): The Badminton Association of Indonesia (PBSI) received financial aid on Tuesday from five private companies to fund five of its provincial training centers.

Govt steps up tax effort

Govt steps up tax effort BOGOR, West Java (JP): The government, which will introduce a series of new tax laws next month will strengthen the law enforcement among taxpayers in efforts to broaden the tax base, Director General of Tax Fuad Bawazier says.

Monk, policeman arrested in bust

Monk, policeman arrested in bust BANGKOK (Reuter): Thai police said yesterday they had arrested a Buddhist monk, a policeman and three civilians on charges of drug trafficking.Acting on a tip-off police raided a petrol station in a Bangkok suburb late on Tuesday and arrested the five men whom hey...

Thai premier bounces back with new lineup

Thai premier bounces back with new lineupBy Tony Austin BANGKOK (Reuter): Dismissed last week as a lame duck, Thai Prime Minister Chuan Leekpai has suddenly taken wing with a new coalition partner lifting his government's hopes of lasting until its full term ends in 1996.

Supermarkets mushrooming

Supermarkets mushroomingFrom PelitaSupermarkets are mushrooming in the town of Depok. Of course, the community happily welcomes the supermarkets because the people will be able to enjoy modern facilities made available in the supermarkets.

Political turmoil casts new shadow over Asiad glory

Political turmoil casts new shadow over Asiad glory BANGKOK (AFP): Political turmoil has thrown up a new threat to Thailand's plans to host the 1998 Asian Games, with an important deadline looming.For the second straight week, the cabinet failed Tuesday to reach any agreement on a sports complex,...