Indonesian Political, Business & Finance News

Archive: 2 June 1994

55 articles found

Meeting on railway service

Meeting on railway service BANDUNG (JP): The state-owned railway company Perusahaan Umum Kereta Api (Perumka) will host the 16th annual conference on railway general management of the Association of Southeast Asian Nations (ASEAN) from June 6-10.

Bus driver jailed for murder of police officer

Bus driver jailed for murder of police officer JAKARTA (JP): A court in East Java has sentenced a bus driver to 14 years in jail for killing a police officer after a controversial trial in which evidence of the murder, according to his lawyer, was circumstantial.

APEC meet will offer risks and rewards

APEC meet will offer risks and rewardsBy Larry Pintak JAKARTA (JP): The countdown to the invasion has begun. In early November, the troops will arrive. The weapons they wield are more powerful than any guns.

Sentul to host Formula Cup Asia auto race

Sentul to host Formula Cup Asia auto race JAKARTA (JP): Formula-class racing will be added to this year's formula auto race, when Sentul international track host Formula Asia Cup, a single seater auto racing championship next month.

Businessmen see bright future for local stock market

Businessmen see bright future for local stock market JAKARTA (JP): The Indonesian capital market is in for a bright future due to the government's commitment to realigning the market's rules and management, foreign business leaders say.

Double standard

Double standard Will someone please explain why a U.S. president pleading with the Singaporean government for clemency over a caning sentence for an American is considered Western imperialist intervention.

Elephants run amuck in Aceh

Elephants run amuck in Aceh BANDA ACEH: A herd of elephants raided a village in North Aceh, destroying houses and devouring plants.The elephants attacked Lubuk Tilam village last week. There were no reported casualties, the Antara news agency reported.

New company law

New company law The bill on limited liability companies, or Perseroan Terbatas (PT), which was submitted to the House of Representatives last week is part of an overall reform of commercial laws, most of which date back to the 1930s when the country was still under Dutch colonial rule.

Revision of policies demanded on postal service, trucking

Revision of policies demanded on postal service, trucking JAKARTA (JP): Associations of courier firms and forwarders yesterday demanded that the government revise policies on postal services and introduce laws on cargo transportation and customs procedures.

Kadin to promote research

Kadin to promote research JAKARTA (JP): The Indonesian Chamber of Commerce and Industry (KADIN) will promote the establishment of research and development (R&D) programs in private firms to seek ways to boost the country's industrial exports in the coming years.

Russia leads skydiving event

Russia leads skydiving event JAKARTA (JP): Diving at 9,500-feet, the Russian team of four scored seven points in the relative work event of the Kopassus Open international skydiving championships. This gives them the lead at the end of the third day of the event, held in Serang, West Java on...

No one is above the law: ABRI commander

No one is above the law: ABRI commander JAKARTA (JP): Commander of the Armed Forces (ABRI) Gen. Feisal Tanjung emphasized yesterday that no one is immune to the law, including former Air Force Chief of Staff Marshall (ret.

TV today

TV todayTVRI 2:30 p.m. TV Series: Tarzan 3:05 Children's Creativity: Doll Making 3:30 TV Series: The Sword of Tipu Sultan 4:30 Scout Program 5:00 Regional News 5:30 Arabic Lessons 6:05 Nusantara the beloved country: North Sumatra 6:15 Village Program 6:25 Koran Recital 6:35 Religious Teachings:...

Where to go in Jakarta:

Where to go in Jakarta:Music * The Aryaduta Jakarta, Jl. Prapatan 44-48, Central Jakarta: - Ambassador Lounge: Amir (pianist) Monday to Friday 7:30 a.m. to 9:30 a.m., Saturday 8 a.m. to 10 a.m.; Boece (pianist) & Rima Monday to Thursday 7 p.m. to 11:30 p.m., Friday & Saturday 7 p.m. to 00:30 a.m.

Green campaign comes under the cloth

Green campaign comes under the clothBy Riyadi JAKARTA (JP): After helping with the government's family planning campaign, religious leaders are being asked to join in another crusade -- the campaign to preserve the environment.

Oil depot catches fire

Oil depot catches fire KUPANG, East Nusatenggara: Three port workers in Laut Tenau near here suffered severe burn injuries when an oil depot caught fire on Tuesday, the Antara news agency reported.The fire at a depot belonging to the state oil company Pertamina was quickly extinguished, but the...

Niyazov begins his Indonesia visit

Niyazov begins his Indonesia visit JAKARTA (JP): Turkmenistan President Saparmurat Niyazov arrived at the Halim Perdanakusuma airport yesterday to start his four-day tour of the country, signaling his intentions to learn from the success of Indonesia's economic development.

Manila probes misuse of military aircraft

Manila probes misuse of military aircraft MANILA (AFP): Philippine President Fidel Ramos yesterday ordered the defense department to look into alleged misuse of military transportation amid charges that politicians were getting free rides for campaign purposes.

Indonesian boxers set no target at World Cup

Indonesian boxers set no target at World Cup JAKARTA (JP): Making their first appearance at the June 3-12 World Cup boxing championships in Bangkok, Indonesian boxers main concern is just getting in shape for the Asian Games.

KL probes $1.5b missing from Sabah foundation

KL probes $1.5b missing from Sabah foundation KOTA KINABALU, Malaysia (Reuter): Up to four billion ringgit (US$1.5 billion) is missing from a state-run foundation in Malaysia's north Borneo state of Sabah, officials said yesterday.

Indonesian exports recover but inflation increases

Indonesian exports recover but inflation increases JAKARTA (JP): A cabinet meeting yesterday reported a recovery in the country's exports but warned there could be an increase in inflation."The country's exports in March increased for the first time this year after declining in the previous...

Ban on demonstrations

Ban on demonstrations A law on demonstrations has not been devised, but in West Java all forms of street demonstrations are banned. The regional military command has taken stern measures against such actions.

Share prices continue falling on Jakarta Stock Exchange

Share prices continue falling on Jakarta Stock Exchange JAKARTA (JP): The Jakarta Stock Exchange (JSX) yesterday extended its three day losing streak with the broad-based Composite Index closing at 494.36, as compared to 501.79 on Tuesday.

KL to buy MiGs with cash, palm oil

KL to buy MiGs with cash, palm oil KUALA LUMPUR (Reuter): Malaysia will sign a US$615 million deal to buy 18 Russian MiG-29 fighter jets next Tuesday and about a quarter of the payment will be made with palm oil, a government official and an industry source said yesterday.

Tebet fire victims may compromise with government

Tebet fire victims may compromise with government JAKARTA (JP): Representatives of the West Tebet fire victims said yesterday they are not in principle opposed to the city administration plan to build an apartment building on the fire site, but want the city to compromise.

AC Milan here sparking frenzy from local fans

AC Milan here sparking frenzy from local fans JAKARTA (JP): After a twenty-four hour delay, soccer giant AC Milan arrived here yesterday to a boisterous welcome from a frantic and enthusiastic crowd of 200 and about 50 security guards.

'Schindler's List' finally banned

'Schindler's List' finally banned JAKARTA (JP): Indonesian censors have banned the showing of the Oscar-winning film Schindler's List, saying that it contains too much violence and nudity.Soekanto, the Executive Director of the Film Censorship Board, told The Jakarta Post yesterday the decision was...

Employers need time to adjust to wage hikes

Employers need time to adjust to wage hikes JAKARTA (JP): An association representing employers is calling on the government to give them more notice next time it hikes the minimum wage levels.APINDO, an employers association, said many of its members were caught unawares by the increases enforced...

Linus vacates his Ragunan house

Linus vacates his Ragunan house Former director of the Ragunan Zoo, Linus Simanjuntak, together with his family, yesterday unhappily vacated a house they had occupied for over two decades.Lina, a daughter of the veterinary surgeon, left the keys to the large house located in the center of the zoo...

Draw for Asiad soccer event

Draw for Asiad soccer event HIROSHIMA, Japan (AFP): World Cup participants South Korea will take on China, while Saudi Arabia will play Kuwait in the opening games of the Hiroshima Asian Games men's football tournament in October.

After reshuffle, Armed Forces lose best speakers in House

After reshuffle, Armed Forces lose best speakers in HouseBy Pandaya JAKARTA (JP): The powerful Armed Forces (ABRI) lost its best speakers, Maj. Gen. Raja Kami Sembiring Meliala and Maj. Gen. Samsudin, when it withdrew 18 of its 100 appointees at the House of Representatives yesterday.

W. Jakarta mayor ready for police questioning

W. Jakarta mayor ready for police questioning JAKARTA (JP): West Jakarta Mayor Sutardjianto is ready to give an explanation to the police of his alleged role in the falsification of land deeds.Monny Manangka, a spokesman for city hall, told reporters yesterday the allegations of corruption made by...

East Timor won't be fooled by Manila conference: Abilio

East Timor won't be fooled by Manila conference: Abilio DILI, East Timor (JP): Governor Abilio Jose Osorio Soares said yesterday he was sure the ongoing Manila conference would not affect East Timorese's sense of being part of Indonesia.

15 families lose homes

15 families lose homes SORONG, Irian Jaya: Fifteen families were displaced when a fire razed their homes in Sorong, the Antara news agency reported.Most of the inhabitants are traders who were renting their homes. They now have to live with their relatives nearby.

Fire guts five shops

Fire guts five shops SEMARANG, Central Java: Five shops in downtown Pekalongan have been razed by fire, causing financial losses of around Rp 200 million ($95,000), the Antara news agency reported.Witnesses said the fire was believed to have been started by a short circuit at one of the shops.

The caning case

The caning case Bravo Gary Gentry--at last someone gets closer to the crux of where the "punishment-fit-the-crime" debate should be focused.It is a brave person indeed who from the relative comfort of Jakarta tries to step inside Michael Fay to determine whether he is a criminal, a victim or a...

Lippo Pacific gets $16.5m syndicated loan

Lippo Pacific gets $16.5m syndicated loan JAKARTA (JP): PT Lippo Pacific, a property company, has obtained a loan of US$16.5 million from a syndication of domestic banks to finance the establishment of a five-star hotel in the Lippo Village residential area in Tangerang, West Java.

Travel woes

Travel woes Having finished a one-month trip to Southeast Asia, my wife and I were very disappointed with regard to our visit to Java.We have two main reasons for our dissatisfaction, namely:* It is most disturbing to always be attacked by all kinds of "service people" when arriving or leaving a...

10 killed in road collision

10 killed in road collision MEDAN, North Sumatra: Ten people were killed when a bus collided with a truck in Rantau Prapat, about 315 kilometers from Medan, on Tuesday.North Sumatra Police spokesman Lt. Col.

'Art Project' aimed at enhancing cultural identity

'Art Project' aimed at enhancing cultural identityBy Amir Sidharta JAKARTA (JP): An exhibition of the works of five Indonesian artists and five of their Dutch counterparts reveals that even though the artists seem to be using an artistic language that may be considered universal, the works of art...

President's dialog with farmers

President's dialog with farmersFrom ProspekPresident Soeharto is fond of talking with farmers and villagers on his visits to rural areas. Usually he also asks them to tell him about their difficulties and needs.When the President visited Jambi last month, he talked to a farmers' representative.

Caption controversy

Caption controversy The title of the letter "A missing alum" (The Jakarta Post, May 28, 1994) caught my attention and prompted this response.As far as I know, the word 'alum' refers to a chemical compound and not a former student.

NAM endorses Indonesia's views as discussion basis

NAM endorses Indonesia's views as discussion basisBy Oei Eng Goan CAIRO (JP): Foreign ministers of the Non-Aligned Movement (NAM) endorsed Indonesia's reports and views on the movement's activities since it assumed chairmanship in 1992 as a basis for talks in their eleventh meeting, the Indonesian...

Sujudi gets honoris causa

Sujudi gets honoris causa JAKARTA: Minister of Health Sujudi has received a Doctor Honoris Causa from the Monash University, Australia for his outstanding service to the science of microbiology and education when he was rector of the Indonesian University, the Antara news agency reported.

Suspected killer's defense brushed aside

Suspected killer's defense brushed aside JAKARTA (JP): The prosecution in the trial of Gunadi Tjahyo Wargo, a soothsayer charged with the gruesome killing of a North Jakarta doctor, asked the North Jakarta District Court yesterday to disregard arguments from the defense that their indictment is...

Bali trip turns Nadya into fashion phenomenon

Bali trip turns Nadya into fashion phenomenonBy Todd Nissen CHICAGO (Reuter): She has never advertised, and her clothes cannot be found in retail stores. But the Chicago native known as Nadya has become a one-person fashion phenomenon working out of the Indonesian island of Bali.

Pelita Harapan school denies internal dispute

Pelita Harapan school denies internal dispute TANGERANG (JP): Foreign teachers and the management of the year old elite school Sekolah Pelita Harapan have denied local newspaper reports that there is a rift between them."That's not true.

Promoting democracy in a transitional society

Promoting democracy in a transitional societyBy Mochtar Buchori JAKARTA (JP): In a recent discussion about democracy the participants heatedly debated the best methodology and approach to the topic.The following question ultimately divided the participants into two opposing groups: What is the best...

Deregulation needed to boost textile exports

Deregulation needed to boost textile exports JAKARTA (JP): Deregulatory measures, simplification of procedures and heightened productivity are needed to increase textile exports, an industry spokesman says.

ADB identifies 50 projects for growth triangle

ADB identifies 50 projects for growth triangle MEDAN, North Sumatra (JP): The Asian Development Bank (ADB) has identified 50 projects, policies and programs for the establishment of the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) cooperation, a vice president of the bank says.William R.

Edi regrets ICKI's failure to materialize

Edi regrets ICKI's failure to materialize JAKARTA (JP): Minister of Defense and Security Gen. (retired) Edi Sudradjat expressed regret yesterday that the plan to set up a new intellectuals organization with a more nationalistic outlook fell through.

Students actively defy ban on street demonstrations

Students actively defy ban on street demonstrations BANDUNG (JP): Students of several local universities yesterday staged another protest only five days after the West Java military chief imposed a ban on all street demonstrations.

Aussie expert proposes waterfront project

Aussie expert proposes waterfront project JAKARTA (JP): A senior Australian urban planning expert has underlined the need for the Jakarta city administration to implement the proposed waterfront project as a means of alleviating the burdens of urbanization.

Thai seamen arrested

Thai seamen arrested PALEMBANG, South Sumatra: Forty-nine Thai seamen, including five ship captains, are in detention after being rounded up by the Marine Police for illegally fishing in provincial waters.Southern Sumatra Police Chief Col.

Green technology needed to restore competitive edge

Green technology needed to restore competitive edge JAKARTA (JP): The promotion of green products could offset the erosion of the competitive advantage of Indonesia's low labor costs on the international market, State Minister for the Environment Sarwono Kusumaatmadja said yesterday.