Indonesian Political, Business & Finance News

Archive: 2 July 1994

55 articles found

RI shuttlers top Malaysia Open seeds

RI shuttlers top Malaysia Open seeds JAKARTA (JP): Indonesian shuttlers, smarting after their modest success at the recent Beijing Asia Cup badminton championships, dominate the seedings for the Malaysia Open in Johor Baru which kicks off on Wednesday.

TV drama on scavengers launched

TV drama on scavengers launched JAKARTA (JP): Noted director Teguh Karya launched the start of his new production Alang-alang (weeds), a TV drama "on a little girl who wants a better future.""We will shoot the first take this evening," Teguh said yesterday at his Central Jakarta workshop.

Drought hits Madura villages

Drought hits Madura villages SUMENEP, East Java: At least nine villages in eight districts in Sumenep on Madura Island are beginning to feel the bite of water shortages this dry season.Sumenep government spokesman, Ruslan, said yesterday that the local state-run water enterprise had begun supplying...

Spotlight captions

Spotlight captionsPhoto A: LuncheonVIP LUNCHEON: Trade Minister Satrio Budihardjo Joedono (right) hosted a special luncheon to honor his guest Minister of Commerce of Thailand Uthai Pimchaichon at the Mitra Room, Sari Pan Pacific Hotel recently.

Australia aids RI health services

Australia aids RI health services JAKARTA (JP): Australia will help Indonesia cope with its population and health problems.Australian Minister for Health Dr. Carmen Lawrence said here yesterday that Australia wants to help Indonesia reduce its infant mortality rate.

Stock price drops caused by non-fundamental factors: Ruru

Stock price drops caused by non-fundamental factors: Ruru JAKARTA (JP): The continued drops in share prices on the capital market over the last three weeks were caused by non- fundamental factors rather than by declines in the performance of the country's economy.

Early warning systems for quake to be set up

Early warning systems for quake to be set up JAKARTA (JP): Indonesia is exploring the possibility of cooperation with the European Economic Community to set up early warning systems for earthquakes.Indonesia plans to build 21 quake monitoring stations across the archipelago equipped with early...

Indonesia-PNG ties now `beyond border': Ambassador Oaisa

Indonesia-PNG ties now `beyond border': Ambassador Oaisa JAKARTA (JP): The current bilateral relations between Papua New Guinea and Indonesia are in a "beyond the border" phase, focusing more on economic ties, Papua New Guinea ambassador Alan I. Oaisa said yesterday.Oaisa, who replaced Angoea J.

ABRI members arrested

ABRI members arrested DILI, East Timor: Three Armed Forces (ABRI) personnel have been arrested on charges of insulting Catholics during a religious ritual in Remixio village near here.A local military spokesman, Maj.

Stock Exchange

Stock Exchange JAKARTA (JP): Stock trading on the Jakarta Stock Exchange (JSX) slightly recovered yesterday with the narrower-based Composite Index rising for the first time in almost three weeks to close at 458.73 from 457.23 the previous day.

Transport licensing to be tightened

Transport licensing to be tightened Governor Surjadi Soedirdja said yesterday the city administration will only issue operating licenses for public transit vehicles that are part of limited liability companies or cooperatives.

House wants change in status of Planetarium

House wants change in status of Planetarium JAKARTA (JP): Members of the House of the Representatives (DPR) have urged the government to immediately change the status of the Jakarta Planetarium and Observatory from a non-structural body to an official structural one.

De-traditionalization propels Chinese success

De-traditionalization propels Chinese success JAKARTA (JP): The formidable economic success of the ethnic Chinese here took place after the minority group discarded its wasteful, inefficient traditions, according to prominent historian Onghokham.

Brazil favored to win W. Cup

Brazil favored to win W. Cup JAKARTA (JP): A survey says that almost half of all Indonesian soccer fans would bet on three-time champion Brazil to win the World Cup finals, currently underway in the United States.

Lazy fishermen wasted recent monsoon

Lazy fishermen wasted recent monsoon JAKARTA (JP): Many fishermen in the Seribu Islands, a group of islands north of Jakarta Bay, did not use their spare time wisely during the recent three-month west monsoon during which they could not go fishing.

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.

INRO unsighted in market, weighing situation

INRO unsighted in market, weighing situation KUALA LUMPUR (AFP): The International Natural Rubber Organization (INRO) was yesterday closely assessing rubber's surging prices amid speculation that the uptrend was artificially created by overselling in Thailand.

KL rolls out 2nd car

KL rolls out 2nd car KUALA LUMPUR (AFP): The maiden car of Malaysia's second national auto firm rolled off the production line yesterday, nine years after the birth of the first national car, with a third being planned jointly with the French, officials said.

UNDP agrees to give grant worth $5.8 million to ASEAN

UNDP agrees to give grant worth $5.8 million to ASEAN JAKARTA (JP): The United Nations Development Program (UNDP) agreed here yesterday to provide US$5.8 million in technical assistance for trade, investment, environment, technology and human resource development in ASEAN.

Instant noodles

Instant noodlesFrom KompasThe case of toxic instant noodles is similar to the catastrophe caused by Tylenol medicine in the United States in the early 1980s. The only difference is that Tylenol producer J&J immediately withdrew the deadly medicines from the market to prevent further deaths.

Mahathir visits troops in Bosnia

Mahathir visits troops in Bosnia KUALA LUMPUR (Reuter): Malaysian Prime Minister Mahathir Mohamad yesterday visited Malaysian soldiers serving with the UN Protection Force (UNPROFOR) in Bosnia-Herzegovina, the national news agency Bernama reported.

N. Korean reps in Macao arrested

N. Korean reps in Macao arrested MACAO (UPI): North Korea's two top representatives in Macao were among six people arrested earlier yesterday on suspicion of passing fake one-hundred-dollar bills, police sources said.

Bangladesh faces more protests

Bangladesh faces more protests DHAKA (Reuter): Fundamentalists vowed more protests yesterday over an alleged insult to Islam by writer Taslima Nasrin after fighting across Bangladesh on Thursday left one man dead and nearly 200 people injured.

Taiwan `goes South'

Taiwan `goes South' MANILA (Reuter): Taiwan said yesterday it would embark on a trade and investment drive into Southeast Asia as part of its "Go South" campaign to boost ties with the region and bolster the domestic economy.Taiwanese economic minister P.K.

PPD's refurbished double decker buses launched

PPD's refurbished double decker buses launched JAKARTA (JP): PT Senawangi Wisamarta Utama (SWU), a subsidiary of Humpuss Group, has launched refurbished double-decker buses, owned by the PPD state-run transit firm.Ongky P.

National Police told to maintain security, stability

National Police told to maintain security, stability JAKARTA (JP): President Soeharto told the police force yesterday to not hesitate to nip any form of criminal activity posing a danger to national development in the bud.

Three killed in a fire

Three killed in a fire BANJARMASIN, South Kalimantan: Three people were killed in a huge fire which gutted four houses in a village on Wednesday morning.Witnesses said the victims were trapped in the fire, and the rescuers failed to reach them, the Antara news agency reported.

Four killed in road accident

Four killed in road accident JAYAPURA, Irian Jaya: Four people were killed on Wednesday when a truck carrying 13 people rolled over after its front tire blew out.According to La Abu, a passenger who only suffered a minor injury in the accident, the truck was heading for Abepura from Arso when the...

President to open conference on capital market activities

President to open conference on capital market activities JAKARTA (JP): President Soeharto is scheduled to officially open an international conference on capital market activities at the Jakarta Hilton Convention Center here next week.

Double tracks for Depok-Bogor line

Double tracks for Depok-Bogor line Director General of Land Transportation Soejono said the construction of double tracks on the Depok-Bogor route, one of the busiest railway lines in the greater Jakarta area, is expected to be completed by the middle of next year.

RI, PNG swap students

RI, PNG swap students JAYAPURA, Irian Jaya: The Cenderawasih University and the University of Papua New Guinea in Port Moresby have signed an agreement for a student exchange program, Moses Tandung, the information attache of the Indonesian Embassy in Port Moresby said.

Yen debtors count cost of dollar's demise

Yen debtors count cost of dollar's demiseBy Tim Cribb HONG KONG (AFP): China wants to talk to its Japanese creditors, Indonesia is tight-lipped, and Malaysia, a former victim of the consequences of the debt blow-out caused by a high yen, is philosophical.Yen borrowers are in trouble.

Rights Commission willing to help banned magazines

Rights Commission willing to help banned magazines JAKARTA (JP) The National Commission on Human Rights is extending an offer of assistance to solve the national controversy triggered by the closure of the Tempo, Editor and DeTIK weeklies.

Water price hike draws angry public response

Water price hike draws angry public response JAKARTA (JP): The PAM Jaya City Water Company's decision to raise the prices of water by an average of 40 percent has drawn unfavorable reactions from consumers and the Indonesian Consumers' Organization (YLKI).

Dormitory girls living in fear

Dormitory girls living in fearFrom Media IndonesiaAs girls staying at the Asrama Putri Purbawisesa dormitory on Jl. Senopati in Kebayoran Baru, South Jakarta, we are being held in terror not knowing where to turn for help.

Two-day symposium on surveyors' licensing

Two-day symposium on surveyors' licensing A two-day exhibition on survey equipment and a symposium on surveyors' licensing held at the Jakarta Design Center ended yesterday. Closing ceremonies were conducted by City Mapping and Surveying Office Head Sidharta.

Potential student of UNAS

Potential student of UNASFrom KompasI took an entrance test for the National University on June 19, 1994, when I enrolled myself at the Universitas Nasional (UNAS) campus on Jl. Sawo Manila, Pejaten, Pasar Minggu. I did so because I know that this is the official address of the campus.

Finance company to give dividends to shareholders

Finance company to give dividends to shareholders JAKARTA (JP): A finance company has announced a plan to distribute dividends to shareholders, while a real estate developer decided to channel its 1993 profit into expansion programs.

Hindarto vows to punish corrupt police officers

Hindarto vows to punish corrupt police officers JAKARTA (JP): City Police Chief Maj. Gen. Mochammad Hindarto pledged yesterday to punish any officers found to have illegally collected extra fees from vehicle owners who failed to show their old license plates when applying for the new ones.

PLN allowed to be profit-oriented

PLN allowed to be profit-oriented JAKARTA (JP): The government, under a presidential decree, has approved the State Electricity Company's (PLN) request to change its status from a limited company to one with an orientation of making profits.

World-class painting exhibition due here

World-class painting exhibition due here Jakarta will soon host a spectacular painting exhibition, displaying more than 500 masterpieces by renowned local and international artists.The exhibition called "The Jakarta International Fine Arts" will include the original works by Paul Cezanne, Pablo...

Matahari's 3-on-3 basketball meet

Matahari's 3-on-3 basketball meet JAKARTA (JP): Matahari Department Store, a leading retailer, will promote a series of three-on-three basketball tournaments with Rp 9 million (US$4,300) in prize money in both Jakarta and Surabaya, East Java within a three week period.

Banned magazines

Banned magazines The Japanese media have reported the recent revocation of licenses of Indonesia's Tempo, Editor and DeTIK magazines and the arrest of people who took to the street to protest the ban.We have subscribed to the Tempo magazine since the early 1980s, for our source of study on...

Church Services

Church Services * Catholic Church, University of Atmajaya, Jl. Jend. Sudirman: Saturday 5:30 p.m., Sunday, 9 a.m., 10:30 p.m. (with songs) and 5:30 p.m. * First Church of Christ, Scientist, Jl. Teuku Cik Ditiro 48, Menteng, Central Jakarta: Services on Sunday at 9:30 a.m. (in Indonesian) and 8 a.m.

Family killed in crash

Family killed in crash SEMARANG, Central Java: A family of four were killed last night in a road accident when their sedan crashed into a minibus in Sruwen village near Salatiga.Three passengers, all relatives of the deceased, were also injured in the accident.

Plain-clothes policemen

Plain-clothes policemenFrom Suara PembaruanThe police chiefs are always complaining about the shortage of personnel to maintain security and order. Their complaints are justifiable when we consider the vastness of our archipelago and the large population of the country.

PAM to stop water supply to Kuningan

PAM to stop water supply to Kuningan The City Water Company, PAM Jaya, temporarily cut off the water supply to the ministers' housing complex in Kuningan, South Jakarta, and the surrounding area, yesterday.The stoppage was due to the repair of water main in the area.

Game first, election later

Game first, election later DILI, East Timor: The election of a new regent for Dili has been postponed until in the middle of next month because the city has been chosen to host a regional sports competition from June 27 to July 7.The local legislature however has already selected their nominations.

17 Vietnamese stranded

17 Vietnamese stranded KUPANG, East Nusa Tenggara: Some 17 Vietnamese boat people have been stranded on the eastern part of Sabu Island, about 115 miles from the capital.According to the Antara news agency, the Vietnamese, who were on their way to Australia, landed on the island on June 22 after...

PATA talks

PATA talks The Pacific Asia Travel Association (PATA) will organize separate meetings with its senior members, youth leaders and senior journalists to seek input for the group's development to adjust itself with rapid changes in the world.

Vietnam's postal service

Vietnam's postal service HANOI (AFP): Ho Chi Minh City is planning to set up a private post and telephone service in a further step towards shaking up Vietnam's lumbering state communications monopoly, a report said yesterday.

TV Today

TV TodayTVRI 2:30 p.m. World Cup 1994: Argentina vs Bulgaria (rerun) 4:30 Drama Remaja 5:00 Regional News 5:30 Science Film 6:05 Nusantara the Beloved Country: North Sumatra 6:15 Village Program 6:30 Jazz 7:00 Evening News 7:30 Fashion 8:05 TV Series: Midnight Caller 9:00 World News 9:25 Journal of...

ADB raises rates

ADB raises rates MANILA (AFP): The Asian Development Bank (ADB) yesterday raised its rates for U.S. dollar loans by a 0.01 percentage point, but cut them by a 0.05 percentage point for multi-currency loans.The new rates, effective for the second half of 1994, are 6.

Longer weekends?

Longer weekends? It seems that President Soeharto's statement on Wednesday has put to rest the old controversy over the benefits and disadvantages of a long weekend for civil servants. His statement called on businessmen, workers and civil servants to help the nation build prosperous families.

RP seeks debt rescheduling

RP seeks debt rescheduling MANILA (AFP): The Philippines said yesterday it has sought a rescheduling of US$299 million in official debts owed to the Paris Club of lender nations which fall due this year and next to cover a financing shortfall.