Indonesian Political, Business & Finance News

Archive: 17 December 1994

22 articles found

Suryacipta sets up industrial estate

Suryacipta sets up industrial estate JAKARTA (JP): PT Suryacipta Swadaya is constructing a new industrial estate specifically for technology-intensive activities on 1,000 hectares in Teluk Jambe village, Karawang, West Java.

Japanese investment in Asia to expand in 1995, says Nomura

Japanese investment in Asia to expand in 1995, says Nomura TOKYO (AFP): Japanese investment in the rest of Asia will take off in 1995, after already strong growth in 1994, no matter what happens to the yen, a senior Nomura Research Institute economist said yesterday.

Political will, stability crucial to African development

Political will, stability crucial to African developmentBy Meidyatama Suryodiningrat BANDUNG (JP): Greater political commitment and stability are two crucial factors to ensure sustainable development in African states, officials from Asian and African states say.

Conflict in NU

Conflict in NUFrom MerdekaThe aftermath of the recent Nahdlatul Ulama (NU) congress, in which Abdurrahman Wahid (Gus Dur) was elected Chairman of the Organization, has created two extreme poles within NU. The two groups are now engaged in controversy. Each group has its own potential followers.

Towards independent organizations

Towards independent organizations An interesting conclusion emerged at a seminar organized by the Indonesian Democratic Party faction in the House of Representatives Thursday: Political party independence remains an illusion in Indonesia because parties are intentionally kept from becoming...

Four companies raise $183 in loans from overseas banks

Four companies raise $183 in loans from overseas banks JAKARTA (JP): Royal Oriental Ltd., a subsidiary of the publicly listed Duta Pertiwi, and three subsidiaries of the Ongko Group this week raised around US$183 million in loans from three syndications of overseas banks.

Indonesia up to 28th in world chess stand

Indonesia up to 28th in world chess stand JAKARTA (JP): Indonesia could at least take a sigh of relief when its men's team eclipsed minnow Bangladesh 3.5-0.5 at the end of the Chess Olympics in Moscow on Thursday, jacking up its world ranking from 40 to 28.

Towards independent organizations

Towards independent organizations An interesting conclusion emerged at a seminar organized by the Indonesian Democratic Party faction in the House of Representatives Thursday: Political party independence remains an illusion in Indonesia because parties are intentionally kept from becoming...

ABRI calls on NU, PDI, to resolve conflicts

ABRI calls on NU, PDI, to resolve conflicts JAKARTA (JP): The Armed Forces (ABRI) moved yesterday to curb the growing crisis besetting Nahdlatul Ulama (NU) and the Indonesian Democratic Party (PDI), calling on their leaders to show self-restraint.ABRI chief spokesman Brig. Gen.

Pulo Gadung

Pulo Gadung bus terminalFrom Media IndonesiaThe intersections around Pulo Gadung are always clogged by traffic, particularly during peak hours. The housing estates around the terminal have contributed to the traffic jams.

Franz the citizen and the philosopher

Franz the citizen and the philosopherBy Santi WE Soekanto JAKARTA (JP): "There's a deficit of democracy in the current political system here...we already have institutions and components of democracy, but they have yet to work in full capacity.

Negotiations on railways

Negotiations on railways YOGYAKARTA (JP): Director General of Land Transportation Soejono said yesterday that the government is inviting private firms to cooperate with the state-owned railway company Perumka in running both cargo and executive class trains.

Surabaya zoo

Surabaya zoo out of place SURABAYA: East Java Governor Basofi Soedirman said the huge zoological park in Surabaya's town center seems out of place but fell short of calling to have it removed.Basofi said the huge park with its shady trees, some dating more than 100 years back, is crucial to the...

Film negatives

Film negativesFrom Bisnis Indonesia On Dec. 8, 1994 I rode my bike from Champion Photo, Mangga Besar, to my place of work, Lokasari (People Entertainment Center). While riding my bike I lost my plastic bag containing film negatives and some money.

Two companies get ISO-9000 certificates

Two companies get ISO-9000 certificates JAKARTA (JP): PT Nalco Perkasa, a producer of specialty water treatment chemicals, and PT Pertafenikki Engineering, a construction and engineering firm, have won ISO-9000 quality certificates in recognition of their management.

How do national, regional resilience link?

How do national, regional resilience link? JAKARTA (JP): Is national resilience and regional resilience mutually exclusive or mutually interdependent?This question was raised yesterday in a discussion jointly sponsored by the Lembaga Pengkajian Strategis Indonesia, a private center for strategic...

The trouble with prostitution

The trouble with prostitution After all the clamor of the past four months, the nine-month prison term handed down on Wednesday to Hartono Setyawan, the supposedly "untouchable" owner of a high-class brothel in South Jakarta, seems almost anti-climactic.

Jak Jazz 1994

Jak Jazz 1994 I read with interest Paul Blair's critical overview of Jak Jazz'94 (The Jakarta Post, Dec. 16, 1994) and I agree with most of the recommendations that he has made.I would like to add one further suggestion for future events and that is to include some traditional jazz bands,...

Shares slightly lower on JSX

Shares slightly lower on JSX JAKARTA (JP): Share prices closed a bit lower on the Jakarta Stock Exchange (JSX) yesterday in moderate trading after gaining ground for the previous two consecutive days.The broad-based JSX Composite Index closed 0.15 points lower at 458.78 yesterday from 458.

Testing manhood leads to four years in prison

Testing manhood leads to four years in prison JAKARTA (JP): A 63-year-old diabetic is sure to think twice before attempting to test his manhood on anyone other than his wife again.The Palembang district court put successful South Sumatra businessman, H.R.

Transmigration

TransmigrationFrom Suara KaryaIt can be assumed that the lands on the slopes of the volcano are fertile. And, many people would like to live on those areas because they are promising. But volcanoes erupt from time to time, and invariably claim victims.

Rice production falls by 3.69%

Rice production falls by 3.69% JAKARTA (JP): Minister of Agriculture Sjarifudin Baharsjah announced here yesterday that rice production dropped this year, while other commodity crops did well.Sjarifudin told a press conference that based on data from the Central Bureau of Statistics, rice...