Indonesian Political, Business & Finance News

Archive: 3 August 1994

40 articles found

Several big names to miss Indonesia Open championship

Several big names to miss Indonesia Open championship JAKARTA (JP): Malaysian and Chinese big names will miss the Indonesia Open badminton championships in Yogyakarta next week, but the organizers are not afraid of a major drop in the tournament's quality.

Firms warned over nuisance permits

Firms warned over nuisance permits The West Jakarta mayoralty administration is threatening to revoke the operating permits of 20 companies in the area which do not have the necessary Nuisance Act permits.

Indonesia will send seven fencers to Thailand Open

Indonesia will send seven fencers to Thailand Open JAKARTA (JP): Indonesia, the undisputed fencing powerhouse in Southeast Asia, will send seven fencers to the Thailand Open from Aug. 16 to Aug. 20 as a testing ground to see whether the country will take part in the ultimate regional fencing...

Tourist arrivals down 3.55% in June

Tourist arrivals down 3.55% in June JAKARTA (JP): The number of tourists arriving in Indonesia decreased by 3.55 percent to 234,585 in June from 243,497 in the same month of last year.Data from the Directorate General of Tourism show that last month's decrease in tourist arrivals occurred in three...

Legal protection for the ministers and the press

Legal protection for the ministers and the pressBy Charles Himawan JAKARTA (JP): More than 10 years has passed since the American Time magazine published a news item on Gen. Ariel Sharon, the then Israeli Minister of Defense.

Drilling firm to sell shares for local and overseas expansion

Drilling firm to sell shares for local and overseas expansion JAKARTA (JP): PT Medco Energi Corporation, a private domestic company specializing in drilling for oil exploration and production, will offer 22 million new shares to the public to raise Rp 100 billion (US$46.

Street demo banned in East Timor

Street demo banned in East Timor DILI, East Timor (JP): The military has slapped a ban on all street demonstrations in East Timor, saying that any complaints must be channeled through the local legislature.Maj. Gen.

14 held for selling aphrodisiac and pornography

14 held for selling aphrodisiac and pornography JAKARTA (JP): City police have declared war against sex businesses with the arrest of 10 aphrodisiac traders in the Kramat Tunggak redlight district and another four people for selling pornographic goods in Senen in a raid on the weekend.

Craftsmen to join U.S. fair

Craftsmen to join U.S. fair JAKARTA (JP): About 50 small-scale handicraft producers are scheduled to leave for San Francisco today to take part in an international gift fair starting on Saturday and running until Aug. 10.

JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX)

JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) rallied yesterday following widely published reports on the bright outlook of the local market.Most big stocks booked significant gains, pushing up the Composite Index to close 6.5 points higher at 459.23 from 452 on the previous day.

Air Force urged to spare Borobudur

Air Force urged to spare Borobudur MAGELANG, Central Java: The agency managing the ancient Borobudur temple near here is pleading with the Air Force not to conduct flight exercises in the area, following a fatal accident at a nearby restaurant.

Children in ads

Children in adsFrom Bisnis IndonesiaI am fond of watching advertisements on television. My impression is some of them are interesting, others are funny, and yet some ads are vague. But the ads which concern me most are the ones which involve children.

Public demand for medium-class property to increase

Public demand for medium-class property to increase JAKARTA (JP): Demand for medium-class commercial property in the capital will increase, a consultant believes.The managing director of PT Procon Indah, Craig Williams, said yesterday that property developers and operators will tend to increase...

LAPAN ready `to sell' its services to public

LAPAN ready `to sell' its services to public JAKARTA (JP): The National Space and Aviation Agency (LAPAN) is now making its remote sensing services available to the public at large, from private companies to research institutions.

AIDS epidemic seen threatening `Asian promise'

AIDS epidemic seen threatening `Asian promise' MANILA (Reuter): The AIDS epidemic is threatening growth and progress in booming Asia, where 30 percent of world HIV cases are projected to be found by 2000, speakers at an Asian Development Bank-sponsored meeting said yesterday.

Police to catch pimp's backers, if any

Police to catch pimp's backers, if any JAKARTA (JP): City Police Chief Maj. Gen. Mochammad Hindarto said police are conducting an investigation to locate backers of Hartono, a pimp who was captured in a raid last week, and will send them to court if there is enough evidence to prove having backed...

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.

No signs of missing chopper

No signs of missing chopper SAMARINDA, East Kalimantan: Search and rescue workers remain unable to trace the whereabouts of a helicopter which went missing on Tuesday last week, the Antara news agency reported.

Planes carrying APEC leaders may use Halim airport

Planes carrying APEC leaders may use Halim airport JAKARTA (JP): The planes carrying the Asia Pacific Economic Cooperation (APEC) leaders to the summit here in November will likely land at the Halim Perdanakusumah air base in East Jakarta.Jakarta Military Commander Maj. Gen. A.M.

Clinton assistant here for Jakarta-Arkansas synergy

Clinton assistant here for Jakarta-Arkansas synergy JAKARTA (JP): An assistant to President Bill Clinton paid a courtesy call to President Soeharto yesterday evening during which he discussed the progress of the sister state relationship between the U.S. state of Arkansas and Jakarta.

Ban eased on Chinese literature

Ban eased on Chinese literature JAKARTA (JP): The government yesterday slightly eased the ban against the use of Chinese literature and teaching of the Chinese language, the legacy of the anti-Chinese sentiments of the 1960s.

Governor to open fish exhibition

Governor to open fish exhibition An exhibition of ornamental fish, aimed at introducing aquarium fish as an export commodity, will be held from Aug. 8 to 14 at the Pondok Indah Mall, South Jakarta.The head of the City Fishery Office, Soemaryo Wijoyo, said yesterday that the exhibition was scheduled...

KL, Manila to ink defense pact

KL, Manila to ink defense pact KUALA LUMPUR (AFP): Kuala Lumpur and Manila are to sign a bilateral defense pact in September to boost military cooperation and also address piracy in common waters, Malaysia's Defense Minister Najib Tun Razak said yesterday.

PLN, Kadin sign accord on business in Vietnam

PLN, Kadin sign accord on business in Vietnam JAKARTA (JP): The State Electricity Company (PLN) has agreed to provide technical assistance for Kadin (Indonesian Chamber of Commerce and Industry) members which intend to expand operation in electricity-related businesses in Vietnam.

Ten developing countries win support on population

Ten developing countries win support on population JAKARTA (JP): Ten developing countries yesterday formed a new forum to jointly address their population problems, with ringing endorsements from three international funding agencies.

Agony of pedestrians

Agony of pedestriansFrom Bisnis IndonesiaDay in day out I witness the same scene when I walk along Jl. S. Parman towards the Harapan Kita hospital: traffic congestion both on the fast and slow lanes.Very often the traffic jam occurs on the toll road while the slow lane is relatively clear.

U.S. is expected to extend GSP to RI: Diplomat

U.S. is expected to extend GSP to RI: Diplomat JAKARTA (JP): Washington is likely to continue granting trade privileges under the Generalized System of Preferences (GSP) to Indonesia after a six month long review ends this month, a former Indonesian ambassador to the United States says.Lt. Gen.

Ban on magazines

Ban on magazinesFrom Pancasila AbadiThe clampdown of publication licenses of the three magazines Tempo, Editor and DeTIK came as a great shock to society, particularly the press circle. The government's action is not commendable.

No new buses for APEC

No new buses for APEC Director General of Land Transportation Soejono said yesterday that the government will not purchase any new buses to accommodate the influx of visitors for the Asia Pacific Economic Cooperation (APEC) conference in November.

RI accused of dumping

RI accused of dumping BRUSSELS (Reuter): The European Commission has begun dumping inquiries into polyester yarn exports to the European Union from Thailand, Indonesia and India.Commission action, detailed in the EU's Official Journal, follows a complaint by the Comite International de la Rayonne...

Three local banks agree to help Continental Bank

Three local banks agree to help Continental Bank JAKARTA (JP): Continental Bank will get technical assistance from a consortium of three domestic banks to enable it to compete in the tight banking market, says an executive.

S. Jakarta people seek adequate land payment

S. Jakarta people seek adequate land payment JAKARTA (JP): South Jakarta residents whose land will be affected by the Jl. TB. Simatupang outer ring road extension are asking for reasonable compensation.

Dangerous viaduct

Dangerous viaductFrom NeracaI would like to warn people of the danger they may encounter while crossing the bridge in front of DPR (House of Representatives) building. I had a horrible experience myself, when crossing the bridge on July 29 at about nine in the evening.

Review on radio taxes law urged

Review on radio taxes law urged The City Revenue Office is underlining the need to review the existing radio tax law in a bid to exempt owners of cheap, monophonic radios from paying taxes.Fauzie Alvie Yasin, the head of the office, told The Jakarta Post yesterday that it would be absurd to impose...

Swiss envoy inspects aid program

Swiss envoy inspects aid program JAKARTA (JP): The head of the Swiss Development Cooperation Agency is currently in Indonesia to inspect a number of development projects funded by the Swiss government.Walter Fust, the agency's director general, who is responsible for the entire Swiss development...

Australia offers more military training

Australia offers more military training CANBERRA (Reuter): Australia has offered Indonesia extra help in training its armed forces following a U.S. cutback on defense ties with the Indonesian government, Australian Defense Minister Robert Ray said on Tuesday.

Establishment of `New NU' draws severe criticism

Establishment of `New NU' draws severe criticism JAKARTA (JP): The establishment of the Nahdlatul Ummah forum, dubbed by the press as the "New NU", by senior members of the United Development Party (PPP), has been torn to pieces by critics from within the party and the Nahdlatul Ulama, the original...

Mar'ie's country road show

Mar'ie's country road show There are, we think, several factors which contributed to the success of what Minister of Finance Mar'ie Muhammad called his "two-week country road show" to the international financial and business centers in the United States, Britain and Hong Kong last month.

Floods hit Thai provinces

Floods hit Thai provinces BANGKOK (AFP): Some 100,000 Thais were recovering yesterday from the havoc wreaked by Depression Amy -- a downgraded tropical storm which submerged 15,500 hectares of Thailand's northern and central provinces.

Vice squad nets 52 prostitutes

Vice squad nets 52 prostitutes SOLO, Central Java: The vice squad arrested 52 prostitutes in raids in five different brothels in the city.The police said the "high-class" prostitutes charge between Rp 100,000 and Rp 250,000 for their services.They were picked up in brothels located on Jl.