Indonesian Political, Business & Finance News

Archive: 21 June 1994

50 articles found

State budget

State budget Correction: The seventh paragraph of our story headlined Mar'ie reaffirms high budget discipline in yesterday's issue erroneously rephrased a portion of finance minister Mar'ie Muhammad's remarks in Semarang.

Medan gains support to host world rally

Medan gains support to host world rally JAKARTA (JP): New champion Kenneth Eriksson of Sweden gave his weight to Indonesia's bid to host one of the world rally championship legs in Medan, North Sumatra.

Merpati's fleet problems

Merpati's fleet problems JAKARTA (JP): Minister of Transportation Haryanto Dhanutirto said yesterday Merpati Nusantara Airlines could return the five Advance Turbo Prop (ATP) planes to British Aerospace even though their lease contract would expire only in 1996.

Sahid Jaya completes refurbishment

Sahid Jaya completes refurbishment JAKARTA (JP): Sahid Jaya Hotel & Tower, a subsidiary of the Sahid Group, will be officially reintroduced on Thursday after the completion of the bulk of its extensive renovation work.

Wave victims need cash

Wave victims need cash SURABAYA, East Java: Governor Basofi Soedirman called on those wanting to assist victims of the recent devastating tidal waves on the southern coasts to donate cash.He said that medicines, food and clothing from donors have been "abundant," and that what the victims now need...

Jakarta: Headache remains

Jakarta: Headache remains To most people coming from the rural areas, Jakarta's allure lies in more than its glitter. It is a city of hope and opportunity that holds the promise of a better life. Of course, such hopes are often not substantiated.

Warsito picked as governor candidate

Warsito picked as governor candidate JAKARTA (JP): Minister of Home Affairs Moch. Yogie S.M. placed his own candidate in prime position to take the governorship of Central Kalimantan by crossing the most popular indigenous contestant from the list yesterday.

RP satellite stations

RP satellite stations MANILA (AFP): President Fidel Ramos yesterday announced the start of a 1.8 billion peso (US$67 million) project to set up 87 satellite stations to link the archipelago's most isolated parts.

TV Today

TV TodayTVRI 2:30 p.m. World Cup 1994: Brazil vs Russia (rerun) 4:30 Science Film: Best of Magic 5:00 Regional News 5:30 English Lessons 6:05 Nusantara the Beloved Country: North Sulawesi 6:15 Village Program 6:30 Religious Teachings: Belief to God the Almighty 7:00 Evening News 7:30 Horizon 8:05...

Judge takes fizz out of game plan

Judge takes fizz out of game plan MANILA (Reuter): A judge ordered 7,444 Filipinos suing a soft drinks company for damages over a promotional game to pay 45 million pesos ($1.6 million) in court fees before hearing the cases. The group is seeking nine billion pesos ($333 million).

Bapindo branch executive denies taking bribes

Bapindo branch executive denies taking bribes JAKARTA (JP): A former Bapindo executive denied yesterday that he took bribes from businessman Eddy Tansil for allowing the latter to cash in huge sums of loans from the government bank between 1989 and 1992.

Spanish state looks to Indonesia for business

Spanish state looks to Indonesia for business JAKARTA (JP): The campaign gimmick "Come and trade with Catalonia" might prompt many people to ask "where?," but mention Barcelona, and they will quickly identify it as the host of the 1992 Olympic Games, or one of the leading Spanish soccer teams.

Jakarta still the best for less-privileged

Jakarta still the best for less-privilegedBy Meidyatama Suryodiningrat JAKARTA (JP): As Jakarta approaches its 267th birthday tomorrow, the bustling city remains a magnet for those willing to endure the cruel existence of laboring as petty traders and street vendors.

Alleged rapist beaten to death

Alleged rapist beaten to death An alleged rapist was found dead in his cell at the Penjaringan police precinct in West Jakarta yesterday.Tjeng Kim Tai, 34, is strongly believed to have been killed by another detainee identified only as St, following a bloody fight in the cell, Sinar Pagi reported.

Bus kills biker

Bus kills biker An angry mob destroyed a Metro Minibus after it struck and killed a motorcyclist in Kebayoran Lama, South Jakarta, over the weekend.The biker, identified as Ruswanto, 45, was thrown from his motorcycle when the bus, being driven at high speed by Wawan Gunawan, 25, suddenly skidded...

RI to use Australia Today as means to attract investors

RI to use Australia Today as means to attract investors JAKARTA (JP): Indonesia is planning to use the ongoing Australia Indonesia Today '94 as a spring board for its own bid to attract Australian investors.

Intinusa to offer shares to public

Intinusa to offer shares to public JAKARTA (JP): PT Intinusa Selareksa, a natural granite processor and a subsidiary of the Napan group, will offer five million new shares amounting to 32.6 percent of its enlarged common stock to the public in the middle of July.

RI, Malaysia in library ties

RI, Malaysia in library ties JAKARTA: Indonesia and Malaysia have agreed to cooperate in the development of library.The memorandum of agreement was signed here yesterday. Indonesia was represented by Adi Sasono of the Center for Information and Development Studies.

RI businessmen to return to RP meeting

RI businessmen to return to RP meeting DAVAO, Philippines (AFP): Indonesian businessmen who pulled out of a conference in this southern city due to the controversy over a meeting on East Timor will attend a rescheduled gathering, an organizer said here yesterday.

Stock Exchange

Stock Exchange JAKARTA (JP): The Jakarta Stock Exchange (JSX), which has lost ground over the past two consecutive weeks, yesterday continued weakening with the broad-based Composite Index dropping slightly to 475.72 from 476.54 on Friday.

Ginandjar receives honorary degree

Ginandjar receives honorary degree Jakarta (JP): State Minister of National Development Planning Ginandjar Kartasasmita has been awarded an honorary degree by a leading American university in acknowledgement of his eminent public service.

City councilors not sure they can curb urbanization

City councilors not sure they can curb urbanization JAKARTA (JP): City councilors agree with Governor Surjadi Soedirdja that population remains the most serious problem in the capital but they appear a bid skeptical that the municipality can successfully impede the pace of urbanization.Lukman F.

Cambodia counts on continued RI support

Cambodia counts on continued RI support JAKARTA (JP): Cambodian leaders yesterday urged Indonesia to continue helping to rebuild their country after seeing it through a prolonged and destructive civil war.

Garuda to sell 11 DC-9s to American company

Garuda to sell 11 DC-9s to American company JAKARTA (JP): Garuda Indonesia will sell 11 DC-9s to an American company, a new executive of the national air carrier says."Several American companies have bid for the used DC-9s," Darmadi, the company's new operation director told reporters yesterday.

Indian on trial for drugs

Indian on trial for drugs MEDAN, North Sumatra: The district court yesterday opened the trial of an Indian charged with attempting to smuggle in almost 13 kilograms of heroin in February.The session lasted only about 10 minutes after the court was unable to provide an interpreter as the defendant,...

Corruption: Indonesia, Germany

Corruption: Indonesia, GermanyFrom TempoWilly Kaligis wrote about corruption in Indonesia and Germany in Tempo several weeks ago.As an Indonesian who also lives in Germany (as Kaligis does) I will not criticize his opinion about what kind of punishment the crooks deserve, but rather his comparison...

Madura proves love for cows

Madura proves love for cows PAMEKASAN, East Java: Eighty percent of poor villagers on the island of Madura who are eligible for a government aid program say they want to use the money to buy cows.The government has identified villages in four districts in Madura -- Bangkalan, Sampang, Sumenep and...

Australia, RP to develop mine

Australia, RP to develop mine MANILA (AFP): The government has entered into a US$50 million agreement with Arimco Mining Corp. of Australia to develop a mine site in the northern Philippines, President Fidel Ramos said yesterday.

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 12:30 a.m.

House questions operation of US-based Freeport

House questions operation of US-based Freeport JAKARTA (JP): Members of Commission X of the House of Representative (DPR) yesterday asked Irian Jaya's Governor J. Pattipi if PT Freeport Indonesia's operations in the province have benefited the local people.

Prosecutors cleared from bribery charges

Prosecutors cleared from bribery charges JAKARTA (JP): The Attorney General's Office has cleared six prosecutors of allegations that they accepted bribes from three businessmen who were acquitted of tax evasion charges by the Surabaya court in East Java.

Toll roads and rights

Toll roads and rightsFrom Bisnis IndonesiaI was surprised when I looked at the notes written on toll road tickets. The notes include warnings such as do not litter; do not pass other cars from the left side, etc.

Govt program and liquor

Govt program and liquorFrom Media IndonesiaThe enforcement of "Operation Cleansing" will be more successful if the government institutions work as a team.I am not saying that this operation is a failure, but the government officials should realize that more than one aspect relates to the success of...

Tampubolon's sisters upset with court proceedings

Tampubolon's sisters upset with court proceedings JAKARTA (JP): Hysterical wailings filled one of the East Jakarta District Court rooms yesterday where the four suspected killers of Brig. Gen. TMF. Tampubolon were being tried.

Serang has changed

Serang has changedFrom RepublikaI have lived in Serang, West Java, since my childhood. It was a lovely life. All social activities focused in and around the town's square. I used to go to the square just to relax.But Serang changed as I grew up. Factories and plazas came in.

Crimes and liquor industry

Crimes and liquor industryFrom Neraca"Operation Cleansing" and its effort to eliminate criminals and repress the distribution of liquor has obviously been a relief for most of the people. But unfortunately, as widely reported by national newspapers, the Ministry of Trade stated that the government...

Thai firm to tap coal deposits in Sumatra

Thai firm to tap coal deposits in Sumatra JAKARTA (JP): A joint Thailand-Indonesia coal mining project will soon be initiated in Sinamar, West Sumatra, close to the Jambi border, and in Mampun Pandan in Jambi.

Are RI's intellectuals being betrayed?

Are RI's intellectuals being betrayed?By Hidayat Jati JAKARTA (JP): Recently, a foreign friend who had been in Indonesia for only a month or so, confronted me with curiosity about recent political debates, such as the debate about "intellectual organizations" and the apparent rampant anti- Semitism.

New telephone cards

New telephone cards JAKARTA (JP): The government will soon introduce validated telephone cards to replace the current ones which turned out to have been falsified.Director General of Post and Telecommunication Purawidjaja told reporters yesterday that the present phone cards will be replaced...

Qantas boosts RI services

Qantas boosts RI services SYDNEY (AFP): Australian flag-carrier Qantas Airways Ltd. announced plans yesterday to boost its services to Indonesia with extra flights from Darwin, Perth and Sydney from October.

State forest firm books sharp rise in net profit

State forest firm books sharp rise in net profit JAKARTA (JP): The after-tax profits of the state-owned Perhutani forestry company rose by 168 percent from Rp 24.1 billion in 1992 to Rp 64.6 billion (US$30.76 million) in 1993, the company said yesterday.The president of Perhutani, Harnanto H.M.

New details in the death of naked lovers

New details in the death of naked lovers JAKARTA (JP): Police revealed new information today regarding the mysterious case of a man and a woman found dead in the back seat of a sedan on Sunday morning.Today, police announced that the male victim had gotten out of the car to ask a housemaid for a...

Photo gallery offers promising talents

Photo gallery offers promising talentsBy Samsudin Berlian JAKARTA (JP): Promoted as the first journalistic photo gallery in the country, Galeri Foto Jurnalistik Antara shows promise of great things to come through its current exhibit.

Big mission to Australia

Big mission to Australia JAKARTA (JP): A 315-member trade, investment and tourist promotion mission comprising businessmen and officials from Indonesia's eastern provinces will make a week-long visit to Australia beginning on June 24.

Bapindo would have collapsed: BI official

Bapindo would have collapsed: BI official JAKARTA (JP): The huge financial losses incurred by Bapindo from its transactions with Eddy Tansil destroyed the state-owned bank -- or would have, according to a bank executive, if it hadn't been for a government bail out.Antony M.T.

Roma Irama's film

Roma Irama's filmFrom MerdekaLast weekend, the Indonesian Education Television (TPI) aired the film Bunga Desa (The Village Flower) with Roma Irama as the main star. In fact the film was directed by Roma Irama (popularly known as King of Dangdut music) himself. I was quite impressed by the film.

Poisonous noodles

Poisonous noodles The case of poisonous instant noodles in Sumatra, which claimed five lives, proves that protection for consumers is weak. The incident took place in April, but there has been no serious handling of the matter since then.

CASH shares hit limit-up

CASH shares hit limit-up KUALA LUMPUR (Reuter): Shares of Construction and Supplies House Bhd (CASH) hit limit-up when trading in the counter resumed yesterday after the signing of an agreement whereby Indonesian timber tycoon Prajogo Pangestu will take over CASH in a 2.59 billion ringgit deal.

Prostitute found dead at brothel

Prostitute found dead at brothel Another prostitute at the Kramat Tunggak red-light district in North Jakarta was found dead in the brothel in the wee hours yesterday.Asih, 25, who hailed from Indramayu, West Java, was the third prostitute to have been found dead in the red-light district in the...

Dead Saudi citizen a victim of robbery

Dead Saudi citizen a victim of robbery JAKARTA (JP): The Saudi citizen who was found dead at a Central Jakarta hotel last week was a victim of robbery, the police concluded here yesterday.Based on preliminary questioning and on-the-spot investigation, police believe Abdul Karim al-Mubarak, 55, was...