Indonesian Political, Business & Finance News

Archive: 20 December 1994

38 articles found

Industrial exports expected to gain momentum in 1995

Industrial exports expected to gain momentum in 1995 JAKARTA (JP): Minister of Industry Tunky Ariwibowo expressed optimism yesterday that Indonesia's industrial exports would gain more momentum next year, given the economic recovery of major importing countries.

Jambi forest nomads running out of space

Jambi forest nomads running out of space JAKARTA (JP): A Jambi Social Services Office official is warning that time is running out for the indigenous nomadic people who inhabit the province's forests because their traditional forest habitat is shrinking rapidly.

S'pore firm to pay for spill damage

S'pore firm to pay for spill damage HANOI (AFP): A Singaporean shipping firm has agreed to pay US$6.75 million in compensation after one of its tankers spilled more than 1,000 tons of oil into a Vietnamese river, a report said yesterday.

Press may print full names of crime suspects

Press may print full names of crime suspects JAKARTA (JP): Local newspapers can now print the full names of crime suspects. The days of writing only their initials are over.That's the official word from the Indonesian Journalists Association (PWI), confirmed yesterday by Syamsul Bahri, a member of...

Stock Exchange

Stock Exchange JAKARTA (JP): Share prices mostly gained ground on the Jakarta Stock Exchange (JSX) yesterday as more investors reentered the market after taking a long break.The fall in a number of big shares, however, prevented the JSX Composite Index from making a significant gain, ending the day...

Rush on trains to peak on Friday

Rush on trains to peak on Friday JAKARTA (JP): The state-owned railway company Perumka expects the number of train passengers leaving Jakarta for Christmas and New Year holidays in their hometowns to peak on Friday.

Irian home to rare animals

Irian home to rare animals SORONG, Irian Jaya: Irian Jaya is home to some 273 rare and protected animals, the Antara news agency said quoting a survey by the World Wildlife Fund for Nature.They comprise 207 birds species, 41 mammals, 17 reptiles and eight insects, including giant butterflies,...

Four Madurese farmers return to seek justice

Four Madurese farmers return to seek justice JAKARTA (JP): Four farmers from the island of Madura returned to Jakarta yesterday to demand that the authorities bring to justice those responsible for the death of their four colleagues during a land conflict in September last year.

Banda Islands the richest coral region on earth

Banda Islands the richest coral region on earthBy Prapti Widinugraheni BANDA, Maluku (JP): Gather some of the world's finest marine biologists, take them to the Banda Islands and listen to what they have to say about the richest and most diverse coral regions on earth.

You don't have to be a woman to be feminist

You don't have to be a woman to be feminist JAKARTA (JP): "Don't be afraid of feminism -- join us!" was the call of a women's group which launched a new book yesterday."You don't need a sex change operation to be a feminist," Myra Diarsi of the Jakarta-based Kalyanamitra foundation said at the...

Yayuk to get cartoonist award

Yayuk to get cartoonist award JAKARTA (JP): National tennis queen Yayuk Basuki will have her portrait drawn by renowned cartoonist GM Sudarta in exchange for her participation in the upcoming Indonesia Junior Master championships organized by the Jakarta-based Sports Journalists Association.

Police foil timber theft

Police foil timber theft SAMARINDA, East Kalimantan: Police rangers have seized 263 logs in Melak in the Kutai hinterland believed to have been felled illegally.The head of the Forestry Office of the Mahakam Ulu Regency Office, Rudjito, said he believed that the loggers may have felled much more...

Free trade is a must: Soeharto

Free trade is a must: Soeharto JAKARTA (JP): President Soeharto reaffirmed yesterday Indonesia's determination to adopt a free trade and investment system amid a heated controversy over the proposed protection of a US$1.7 billion olefin project controlled by politically connected parties.

Bekasi budget to be raised by 17%

Bekasi budget to be raised by 17% JAKARTA (JP): Bekasi administration has proposed an increase in its budget of Rp 61.7 billion (US$28.04 million) for the current 1994/95 fiscal year to Rp 72.6 billion.

Police officers testify against Yorrys Raweyai

Police officers testify against Yorrys Raweyai JAKARTA (JP): The West Jakarta District Court judge called two officers yesterday to verify previous testimony by other witnesses defending Yorrys Raweyai, a prominent youth organization figure, who is charged with organizing a gambling den.

Geriatric hospital to be established

Geriatric hospital to be established JAKARTA (JP): The Karya Bhakti foundation is scheduled to start constructing the country's first hospital for senior citizens on Jatiluhur area in Purwakarta, West Java, with a total investment of Rp 600 billion (US274.22 million) next year.

Moslem leaders condemn Russian raid on Chechnya

Moslem leaders condemn Russian raid on Chechnya JAKARTA (JP): Indonesian Moslem leaders strongly condemned Russian military aggression against predominantly-Moslem Chechnya, calling it yet another proof of Russia's hatred of Islam."Afghanistan, Bosnia, and now Chechnya ...

'Kidnappings reflect growing violence'

'Kidnappings reflect growing violence' JAKARTA (JP): Two recent, highly publicized kidnappings in Indonesia show an increasing societal tendency to settle differences through violence, a criminologist said,Yohanes Sutoyo of the University of Indonesia said that in the case of a girl abducted in...

World oil market shifts from West to Asia

World oil market shifts from West to Asia The world's fastest growing region is also getting increasingly dependent on oil. Yojana Sharma of Inter Press Service reports. HONG KONG (IPS): The center of gravity of the world oil market has shifted from Western industrialized countries to Asia as the...

Steady Safe acquires firms

Steady Safe acquires firms JAKARTA (JP): PT Steady Safe, a publicly listed transportation company, has expanded its business by taking over majority shares in two taxi companies.Steady Safe's vice president, Datin R.

Mothers' room opened at major shopping center

Mothers' room opened at major shopping center JAKARTA (JP): State Minister of Women's Roles Mien Sugandhi yesterday inaugurated mothers' rooms at a major department store, a railway station and a government agency.

Six killed in boat crash

Six killed in boat crash MANADO, North Sulawesi: Six people were killed when two passenger boats collided in the Talise Strait.KM Salvador and KM Kalvari, both sailing from Manado to Tagulandang in the Sangihe Talaud, collided on Saturday about five miles before reaching their destination, head of...

Asia is rising to the challenge of democracy

Asia is rising to the challenge of democracyBy T. Sima Gunawan JAKARTA (JP): Jusuf Wanandi, the chairman of the board of the Centre for Strategic and International Studies (CSIS), was recently elected to the executive committee and the board of executives of the Forum of Democratic Leaders in the...

Where to go in Jakarta

Where to go in JakartaMusic * 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.

Asia a key trading partner to Australia

Asia a key trading partner to Australia Australia is looking at Asia as a potentially valuable trading partner, but also sees possible threats to its security there. Kunda Dixit of Inter Press Service reports.

Soeharto to unveil new budget

Soeharto to unveil new budget JAKARTA (JP): President Soeharto is scheduled to present the government's spending plans for the fiscal year beginning April 1 to the House of Representatives (DPR) on Jan. 5.FX.

HI reports this year's loss of over US$9m

HI reports this year's loss of over US$9m JAKARTA (JP): PT Hotel Indonesia International (HII), which operates seven state-owned hotels, yesterday reported a 52 percent increase in this year's loss to an estimate of Rp 20.86 billion (US$9.52 million).

Silverbird service

Silverbird service It was a late Friday morning and I had ordered a Silverbird taxi to take my overseas visitor and myself to meet my husband for lunch at Kuningan. We had a comfortable and safe drive and we also enjoyed our lunch.On arriving home at approximately 3.15 p.m.

Balikpapan boys nailed for hold-up

Balikpapan boys nailed for hold-up JAKARTA (JP): The City Police have arrested two young boys from Balikpapan, East Kalimantan, along with their local friend for allegedly holding up two local youngsters at the Tosari bus stop in front of the Kartika Plaza hotel, Central Jakarta.

IKI Kabel changes status

IKI Kabel changes status JAKARTA (JP): The publicly listed PT IKI Indah Kabel Indonesia has formally changed its status from a wholly domestic firm to its new classification as a foreign joint venture, following the entry of Japan's Sumitomo Electric Industries into the company's ownership.

Hostage freed during rehearsal

Hostage freed during rehearsal JAKARTA (JP): It was a swift operation -- even for a practice run. It took less than 15 minutes for the black clad soldiers to neutralize the rebels on top of a high building in Surabaya and free the hostage.

Imelda gives Cory family advice

Imelda gives Cory family advice MANILA (AFP): Former Philippine first lady Imelda Marcos has offered unsolicited advice to Corazon Aquino, the woman who pushed her late husband Ferdinand Marcos from power but who could not stop her youngest daughter getting pregnant by a married actor.

Employees complain over unfair treatment

Employees complain over unfair treatment JAKARTA (JP): Seven employees yesterday filed a complaint over being laid of by the oil service company PT Dimas Utama with City Council's Commission E, which is in charge of people's welfare.

Sugar consumption

Sugar consumptionFrom KompasI am referring to the report published in Kompas on Dec. 8, 1994 about the consumption of sugar. Prof. Dr. FG Winarno from the Bogor Institute of Agriculture explained in a symposium that excessive consumption of sugar can be harmful to health.

S'pore service capital up

S'pore service capital up SINGAPORE (AFP): Singapore's drive to become a regional business hub is expected to result in business services investment rising 23 percent this year, officials of the Economic Development Board (EDB) said yesterday.

Dwindling mangrove forests

Dwindling mangrove forests President Soeharto has warned that any further plans to exploit our mangrove forests needs to be thoroughly considered because many of our mangrove forests have already disappeared as a result of uncontrolled development of coastal areas.

Oasis wins platinum award

Oasis wins platinum award JAKARTA (JP): Oasis restaurant, the Forum Shark's Fin and Seafood restaurant and Singapore Ping restaurant won the platinum, gold and silver awards during the just completed first Jakarta Food Festival.

Indonesian banking at crossroad

Indonesian banking at crossroad As the year draws to a close, it is timely to reflect on the nation's economy. Banking expert Laksamana Sukardi, is impressed by the central bank's success in containing the damages from mega credit scandals at state banks.