Archive: 3 September 1994
52 articles found
Sat, 03 Sep 1994, 00:00 WIB
Jakarta prepares for APEC delegates, journalists
Jakarta prepares for APEC delegates, journalists JAKARTA (JP): The city administration is preparing a special information kit and packaged tours for delegates and journalists attending the Asia Pacific Economic Cooperation (APEC) conference in Jakarta and Bogor in November. The information kit will carry information on Jakarta and its tourist resorts. "We should exploit the visit of some 2,000 foreign journalists and participants to the fullest, shouldn't we?" Surjadi asked.
Sat, 03 Sep 1994, 00:00 WIB
Finnish envoy to Kalimantan
Finnish envoy to Kalimantan JAKARTA: Finland's Ambassador Veli J. Ollikainen will be visiting West Kalimantan next week, taking along with him some Finnish business executives. A statement by the Finland's embassy said that the ambassador, accompanied by Commercial Counselor Markku Ranin, will call on West Kalimantan Governor Aspar Awin and visit a number of Finnish-funded projects and joint ventures.
Sat, 03 Sep 1994, 00:00 WIB
Smoke disrupts Jambi traffic
Smoke disrupts Jambi traffic JAMBI, Jambi: Smoke coming from the burning of wood industry waste has disrupted water and air traffic in Jambi city and its surrounding areas. Visibility on the Batanghari river has been cut down to 200 or 300 meters, when ideally a ship sailing along the river needs a minimum of 1,000 meters, Jambi Port Chief Zulretmika said, reported the Antara news agency. All ships passing Batanghari have been told to reduce their speed from nine to six miles per hour.
Sat, 03 Sep 1994, 00:00 WIB
Batam to have $10m aircraft facility
Batam to have $10m aircraft facility By I. Christianto BATAM ISLAND, Riau (JP): The island of Batam, which has been developed as an industrial and tourism center since the early 1970's, will soon have an aircraft maintenance facility jointly owned by Indonesian and Singaporean parties. The agreement for the US$10 million facility, called PT Batam Aircraft Maintenance, was signed here yesterday.
Sat, 03 Sep 1994, 00:00 WIB
PDI, Soerjadi and Megawati
PDI, Soerjadi and Megawati From Sinar Pagi Sinar Pagi on Aug. 6, 1994 published two items entitled Soerjadi ready to be recalled and Department of Home Affairs warns Megawati Soekarnoputri. In a press conference held on Aug. 5, 1994 Soerjadi emphasized that the Executive Board of PDI (Indonesian Democratic Party) had the right to recall its member from his function as a Vice Chairman of the House of Representatives. So there was nothing to worry about.
Sat, 03 Sep 1994, 00:00 WIB
Singgih says he will act on Kanindo if crime perceived
Singgih says he will act on Kanindo if crime perceived JAKARTA (JP): Attorney General Singgih said yesterday his office will investigate the Rp 500 billion ($238 million) loan scandal at the Kanindo textile company only if it has any cause to believe a crime has taken place. "I can't tell you now whether or not there are indications of criminal aspects in the debt scandal at Kanindo," Singgih told reporters yesterday.
Sat, 03 Sep 1994, 00:00 WIB
RI designers promote contemporary tie-dye fashion
RI designers promote contemporary tie-dye fashion By Dini S. Djalal Jakarta (JP): Imagine seeing your grandmother dressed in the rap music uniform of a pair of very baggy jeans and an oversized T-shirt topped off with a baseball cap and some giant gold medallions. Seem preposterous? Yet that is how some observers may interpret the current craze in fashion for tie-dye clothes, which were popularized in the 1960s by rock stars and hippies.
Sat, 03 Sep 1994, 00:00 WIB
Nearly 400 in Indonesia Open
Nearly 400 in Indonesia Open JAKARTA (JP): The Indonesian amateur track and field association (PASI) will start its talent scouting program for several international meets next year, during the Indonesia Open championships scheduled here next week. Some 390 athletes from 24 provinces will take part in the Sept. 7-9 track and field event at the Senayan Madya stadium. Australia, Sri Lanka and Singapore are also expected to compete.
Sat, 03 Sep 1994, 00:00 WIB
ASEAN envoys in U.S. for investment drive
ASEAN envoys in U.S. for investment drive JAKARTA (JP): Ambassadors of the Association of Southeast Asian Nations (ASEAN) in the United States will launch a campaign next month to woo American investment in the six member countries. The ambassadors will target three states: Arkansas, Illinois and Arizona, the Washington-based U.S.-ASEAN Council for Business and Technology Inc., said in a statement made available yesterday.
Sat, 03 Sep 1994, 00:00 WIB
PLDT increases satellite stake offer
PLDT increases satellite stake offer MANILA (AFP): A consortium led by the Philippines' dominant carrier, along with its Indonesian and Chinese partners, has offered rival telecommunications firms an increased stake in a satellite it plans to launch in 1996, an official said yesterday. Philippine Long Distance Telephone Co. (PLDT) and Indonesian partners PT Telkom and Pacific Satelit Nusantra and China's Everbright Group Ltd.
Sat, 03 Sep 1994, 00:00 WIB
Grand painting exhibit slated for October
Grand painting exhibit slated for October JAKARTA (JP): A grand painting exhibition will take place at the Shangri-La Hotel in Central Jakarta in October to delight local art lovers. The exhibition, which will run from Oct. 18 to 23 and is scheduled to be opened by First Lady Tien Soeharto, will display 500 paintings by noted painters the world over, including masterpieces by Pablo Picasso, Salvador Dali, Paul Cezanne, Edgar Degas, Henri Matisse, Paul Gaugin and Marc Chagall.
Sat, 03 Sep 1994, 00:00 WIB
Karimunjaya flight resumes
Karimunjaya flight resumes SEMARANG: Scheduled air services between Semarang and Karimunjaya Island in the Java Sea will soon resume after they were stopped last December. Deraya Air Service (DAS), a private airline operator, has agreed to fill the vacuum after it secured a subsidy from the Central Java provincial government for the operation, the Antara news agency reported. The airline will serve the route with a 17-seater Casa 212 plane.
Sat, 03 Sep 1994, 00:00 WIB
TV today
TV today TVRI 2:30 p.m. Sports 3:30 TV Series: Sins 4:30 Youth Drama 5:00 Regional News 5:30 Science Film 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Jazz 7:00 Evening News 7:30 Dianrana 8:05 TV Series: Midnight Callers 9:00 World News 9:30 Rona Nusantara 10:35 Late News 10:45 Film Program 2 4:30 p.m. Sports 5:30 City News 6:00 Music 7:00 Evening News 7:30 English News Service 8:00 TV Series: Room for Two 8:30 Music TPI 5:30 a.m.
Sat, 03 Sep 1994, 00:00 WIB
Publishers protest against price hike of newsprint
Publishers protest against price hike of newsprint JAKARTA (JP): Paper producers and newspaper publishers yesterday failed to reach agreement on a proposed increase in the price of newsprint. Following a unilateral announcement by paper producers that they would raise the newsprint price as of early this month, publishers protested and the two parties held negotiations here yesterday under the supervision of officials of the Ministries of Industry, Trade and Information.
Sat, 03 Sep 1994, 00:00 WIB
Untaxable incomes raised
Untaxable incomes raised JAKARTA (JP): The government has increased the tax exempt ceiling on incomes for foreign professionals in the oil and mining industry, a spokesman for the Ministry of Finance said here yesterday. Agus Haryanto told reporters that starting Aug. 26, the tax exempt ceiling for expatriates working as general managers at oil or gas drilling companies was raised to exempt salaries of US$11,275 per month from $10,250 per month.
Sat, 03 Sep 1994, 00:00 WIB
More activists against plan on regulating NGOs
More activists against plan on regulating NGOs JAKARTA (JP): More activists are speaking out against the government's plan to regulate the activities of non-governmental organizations (NG0), saying that it is unconstitutional. The latest opposition came from a group of activists in North Sumatra who issued a joint statement after deliberating on the draft of the presidential decree regulating NGOs.
Sat, 03 Sep 1994, 00:00 WIB
Garuda adds Osaka to its Japanese service
Garuda adds Osaka to its Japanese service JAKARTA (JP): Garuda Indonesia, the national air carrier, starts serving the Jakarta-Denpasar-Osaka route three times a week today as part of its strategy to boost the number of Japanese tourists. Totok Sugiarto, head of Garuda's marketing division, told reporters here yesterday that the new route, which will be served with MD-11 aircraft, will increase the airline's number of flights to Japan from 15 to 18 a week.
Sat, 03 Sep 1994, 00:00 WIB
Mass fumigations in all mayoralties to fight dengue
Mass fumigations in all mayoralties to fight dengue JAKARTA (JP): The Municipal Health Office will carry out a free simultaneous mass fumigation in Jakarta's five mayoralties in November to prevent the spread of hemorrhagic dengue fever. Dr. Soeharto Wirjowidagdo, head of the municipal health office, said yesterday that around 150 subdistricts in 27 districts will be targeted because the office has found that the highest incidence of the fever was discovered in the areas.
Sat, 03 Sep 1994, 00:00 WIB
Ismail Hasan must placate NU: Analysts
Ismail Hasan must placate NU: Analysts JAKARTA (JP): The future of the United Development Party (PPP) could be jeopardized if chairman Ismail Hasan Metareum, who was reelected to the post after a bitter fight at the party's congress this week, fails to placate the Nahdlatul Ulama (NU), analysts say. They maintain that Ismail Hasan's reelection could alienate the NU, by far the largest faction in the Moslem-based party, after its bid to oust the incumbent chairman failed.
Sat, 03 Sep 1994, 00:00 WIB
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. (in English). * All Saints' Anglican Church (opposite The Aryaduta Jakarta), Jl. Arif Rahman Hakim No. 5, Central Jakarta: Services on Sunday at 7:30 a.m., 9:00 a.m. ; at G.K.I. Pondok Indah at 6 p.m.
Sat, 03 Sep 1994, 00:00 WIB
Yayuk-Sabatini exhibition match set
Yayuk-Sabatini exhibition match set JAKARTA (JP): An argument over an exhibition match pitting Yayuk Basuki against Argentine world number five Gabriela Sabatini has been resolved, and organizers have offered a "reconciliation" meeting with the Indonesian Tennis Association (Pelti). "There has been no problem with our program actually.
Sat, 03 Sep 1994, 00:00 WIB
Asiad badminton may see all-Indonesian final
Asiad badminton may see all-Indonesian final JAKARTA (JP): Whoever Indonesia will field in the Asian Games badminton men's singles competitions in Hiroshima starting on Oct. 2, an all-Indonesian final is in sight. "Performance wise, Indonesia is most likely to create an all- Indonesian final," Icuk Sugiarto told The Jakarta Post yesterday. Organizers of the Games allow each participating country to send only two players for each badminton competition.
Sat, 03 Sep 1994, 00:00 WIB
Cairo conference
Cairo conference From Pelita In the second week of September 1994 an international conference on population and development will be held in Cairo, Egypt. It was reported that the conference's agenda would include deliberations on the legality of abortion and marriage between homosexual partners as an alternative method of exercising family planning activities.
Sat, 03 Sep 1994, 00:00 WIB
PPP set to improve its performance in 1997 election
PPP set to improve its performance in 1997 election JAKARTA (JP): The United Development Party (PPP) has drawn up a five-year program designed to prove its critics wrong amid predictions that it will be relegated to third and last place in the next general election in 1997. The party's program, which includes wide-ranging plans on political, economic, educational and cultural reforms, was adopted at the end of the party congress on Thursday night.
Sat, 03 Sep 1994, 00:00 WIB
Spotlight
Spotlight SPOT A: Ritual WEDDING RITUAL: Attorney General Singgih (right) lights a fire under a traditional cooking pot during the special ritual, Bubak Kawah, that precedes the wedding ceremony between his daughter, Diana Chandra Rinaryanti, and Jeffrie Geovani Nazar on Aug.21. SPOT B: Remembrance TAKDIR REMEMBRANCE: To commemorate the 40th day of poet and scholar Sutan Takdir Alisyahbana's death, a number of Takdir's closest friends held selamatan, a special ceremony to pray for the dead.
Sat, 03 Sep 1994, 00:00 WIB
Marijuana intercepted
Marijuana intercepted PALEMBANG, South Sumatra: The local police have intercepted a consignment of 36 kg of dried marijuana on its way from Aceh to Jakarta. Police said they arrested six people, including two students, believed to be part of the marijuana syndicate. They were arrested during a routine inspection of inter-city buses that pass through South Sumatra. The haul was discovered in the luggage compartment of the bus. (emb)
Sat, 03 Sep 1994, 00:00 WIB
University students make the best of Pancasila course
University students make the best of Pancasila course By Prapti Widinugraheni JAKARTA (JP): University fresher students give mixed opinions on the obligation to take part in the Pancasila ideology course, with verdicts ranging from "tiring" to "useful for our future". Interviewed by The Jakarta Post shortly after the closing ceremony of the course at the main auditorium of the University of Indonesia, the first spontaneous remark given by a group of female students was that it was "boring".
Sat, 03 Sep 1994, 00:00 WIB
High cost economy
High cost economy As emphasized by President Soeharto in his Independence Day speech, deregulation measures are intended to prepare the nation for a highly competitive economy in this era of globalization. Also it is worth noting that the government's economic measures are aimed at abolishing the high cost economy gradually. Truly, the deregulation measures have led to the increased volume of non-oil exports.
Sat, 03 Sep 1994, 00:00 WIB
Children of the street
Children of the street The event may be a bit unusual. But considering the figures on hand, the significance of the four-day Week of Awareness Towards Street Children, which includes films, displays and discussions, should become immediately apparent. According to the statistics made public by Jakarta's Deputy Governor for Social Welfare, H. Museno, during the event which is to close tomorrow at the Taman Ismail Marzuki art center on Jl.
Sat, 03 Sep 1994, 00:00 WIB
DBS sets up Sabah branch
DBS sets up Sabah branch SINGAPORE (AFP): The Development Bank of Singapore (DBS) Bank Ltd., one of the big four local banks, yesterday said it was setting up a branch in Labuan, Sabah. "With a presence in Malaysia, we will now be able to play a more active role in further strengthening the close trade and economic ties between Malaysia and Singapore," said Chong Kie Cheong, the bank's executive vice president.
Sat, 03 Sep 1994, 00:00 WIB
Mandela mum upon arrival here
Mandela mum upon arrival here JAKARTA (JP): South African President Nelson Mandela touched down at Halim Perdanakusuma airport here yesterday afternoon to begin a two-day unofficial visit in Indonesia. "I cannot say anything in regard to my visit until I meet the head of state. At the end of my visit I will have the opportunity to address you and indicate the type of issues I discussed with President Soeharto," Mandela told reporters.
Sat, 03 Sep 1994, 00:00 WIB
Stock Exchange
Stock Exchange JAKARTA (JP): The price surge, which started in the second week of last month, persisted yesterday in active trading, with most stocks ending the week with significant gains. The broad-based Composite Index rose by almost three points to close at 515.55 against 512.70, giving the benchmark index a total gain of 10.2 points for the week. The narrower-based GTDBS-50 Index also strengthened to close at 125.57, rising from 124.76 on Thursday.
Sat, 03 Sep 1994, 00:00 WIB
Mar'ie vows to fight fake exports
Mar'ie vows to fight fake exports JAKARTA (JP): The government will take strict measures against exporters found guilty of falsifying exports as a means of profiting from export facilities, Minister of Finance Mar'ie Muhammad says. "We are scrutinizing companies suspected of getting involved in reporting fake exports to accrue benefits from export facilities and we will make a public announcement as soon as we finish," he announced yesterday.
Sat, 03 Sep 1994, 00:00 WIB
Explosion at nuke research center kills one staffer
Explosion at nuke research center kills one staffer JAKARTA (JP): An explosion rocked a nuclear laboratory at the Center for Science and Technology Development (Puspitek) in Serpong, an area 30 kilometers southwest of the city, killing a staff member and injuring a cleaning service worker, an official said. But Djali Ahimsa, the director general of the National Atomic Energy Agency (Batan), said at an impromptu press conference yesterday that the Wednesday's accident caused no radiation leaks.
Sat, 03 Sep 1994, 00:00 WIB
Comfort women protest Murayama
Comfort women protest Murayama MANILA (AFP): Filipino women who fell victim to sexual slavery during Japan's occupation of the Philippines in World War II yesterday picketed the Japanese embassy here. Around 30 women carried placards denouncing Japanese Prime Minister Tomiichi Murayama's announcement of a US$1 billion program for "friendship projects" between Japan and the Asian countries it overran during the war.
Sat, 03 Sep 1994, 00:00 WIB
The guide books are wrong about Myanmar
The guide books are wrong about Myanmar Text and photos by Peter Burgess YANGON (JP): We have all read the mocking comparisons in the guide books. The flight from Bangkok to Yangon takes one hour and fifty years. The time difference between Bangkok and Yangon is half an hour and half a century. Those gibes may have been true in the past, but will soon be fit only for the dustbin along with the out-of-date guide books they are printed in. Yangon's modernization is picking up speed.
Sat, 03 Sep 1994, 00:00 WIB
11 killed in rail crash
11 killed in rail crash JAKARTA (JP): Eleven people were killed when an express train smashed into a minibus at an intersection in Kedungbener village on Thursday. The incident occurred when the van suddenly stalled just as it was crossing the railway tracks. All the van passengers came from the Kalisongo village and were on their way to take part in a Koran recital session at an Islamic boarding school as part of the commemoration of Prophet Muhammad's birthday, the Antara news agency reported.
Sat, 03 Sep 1994, 00:00 WIB
Dangdut music at TMII park
Dangdut music at TMII park Around 30 singers of traditional dangdut song and five music groups participate in this's year dangdut show at Taman Mini Indonesia Indah (TMII) park, East Jakarta. The music performance is held today to mark the end of the meeting of the National Melayu Music Artists' Association (PAMMI). The singers include popular names such as Camelia Malik, Mansyur S, Meggi Z.
Sat, 03 Sep 1994, 00:00 WIB
Preserving traditional culture
Preserving traditional culture From Pikiran Rakyat We rejoiced in learning of the establishment of the Paguyuban Pasundan school which helps preserve the traditional culture of the West Java people. We urge that such a school be set up in other regions as well so that our traditional dialects and written language will be preserved. Through a love of our respective regional culture our love toward the nation as a whole will be ensured under the aegis of our motto of unity in diversity.
Sat, 03 Sep 1994, 00:00 WIB
Don't isolate Arqam followers
Don't isolate Arqam followers PEKANBARU, Riau: The local chapter of the Indonesian Ulema Council (MUI) has appealed to the public not to isolate the members of the Al Arqam Islamic movement which has been outlawed in the province. MUI Riau chairman Hamid Sulaiman said the public should try to counsel and guide the Arqam followers in Riau and "bring them onto the right path," the Antara news agency said.
Sat, 03 Sep 1994, 00:00 WIB
Street urchins display expressions, skill at TIM
Street urchins display expressions, skill at TIM JAKARTA (JP): Hundreds of street children from across the city are now joining a series of programs in a "Week of Awareness Towards Street Children" being held at the Taman Ismail Marzuki Arts Center. The four-day festival, which was opened by Deputy Governor for Social Welfare H. Museno, features shoeshine and drawing contests as well as a handicraft exhibition. The event will last until Sunday.
Sat, 03 Sep 1994, 00:00 WIB
Fired cabbies take protest to law school
Fired cabbies take protest to law school JAKARTA (JP): Eleven dismissed employees of Gamya Taxi and their families visited the Law School of the University of Indonesia in Depok, yesterday, seeking advice on a labor dispute. "This is our last effort to settle the matter out of court," said Barmen Sinaga Simanjorang, a spokesman for the delegation, at a hearing chaired by the chairman of the student body, Harriza.
Sat, 03 Sep 1994, 00:00 WIB
Sampoerna expands plant
Sampoerna expands plant JAKARTA (JP): PT HM Sampoerna, a Surabaya-based cigarette producer listed on the Jakarta Stock Exchange, is expanding its factory in Pandaan, East Java with a total investment of US$100 million. Herry Purnomo, marketing manager of the company's Jakarta branch, announced yesterday that the expansion is to meet increasing demand.
Sat, 03 Sep 1994, 00:00 WIB
Beware: deceitful baby-sitter
Beware: deceitful baby-sitter From Kompas I hired a baby-sitter from a foundation (BK) at Jl. Jembatan III, North Jakarta, on April 3, 1994. Her name is AL and she was born in Pati on Aug. 22, 1972. She was rather plump and tall and had dark skin, curly hair and pimpled cheeks. She was very polite, so I did not have the least suspicion of her. On July 19, 1994 she asked my permission to go to her home town to attend the wedding of a relative.
Sat, 03 Sep 1994, 00:00 WIB
Thieves on inter-city bus
Thieves on inter-city bus From Media Indonesia I am an 54-year old housewife who was recently robbed of my 15-gram gold jewelry on board a bus from Pondok Gede to Cicurug, Sukabumi. This happened despite a precaution I took before embarking on the bus. The experience has convinced me that we are living in a really cruel world. I cannot do anything except say a prayer that those criminals will change their way of life.
Sat, 03 Sep 1994, 00:00 WIB
Ismail Hasan not above being corrected
Ismail Hasan not above being corrected By Santi WE Soekanto JAKARTA (JP): "If I am right, follow me. Whenever I am wrong, correct me," Ismail Hasan Metareum said five years ago when he was first elected chairman of the United Development Party (PPP). He was quoting a famous saying by the first Caliph, Abu Bakar Asshiddiq, when the friend of Prophet Muhammad took up the Moslem leadership following the Prophet's death 14 centuries ago.
Sat, 03 Sep 1994, 00:00 WIB
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.; Jakarta String Fantasy Trio (chamber music) Sunday 12:30 p.m. to 3:30 p.m., Monday to Saturday 3:30 p.m. to 6:30 p.m.; Yusuf (pianist), Sunday 7 p.m. to 11:30 p.m.
Sat, 03 Sep 1994, 00:00 WIB
Riau ups AIDS campaign
Riau ups AIDS campaign PEKANBARU, Riau: Officials from the local health office have been sent to Batam and Bintan islands to carry out blood tests as part of a new drive against the spread of the Acquired Immune Deficiency Syndrome (AIDS). An official of the health office, Abdullah Muthalib, said that the team hopes to take blood samples from between 1,500 and 2,000 people considered to be in high risk groups, the Antara news agency reported.
Sat, 03 Sep 1994, 00:00 WIB
Two students held for killing mate
Two students held for killing mate Police have arrested two students of a private academy for their alleged role in Wednesday's murder of a friend at their campus in East Jakarta. "The Matraman police are still questioning another student, who -- according to several witnesses -- also attacked the victim," said Lt. Col. A. Latief Rabar, a spokesman for City Police, told reporters yesterday. The victim is identified as Cakra Kumara, 23, a final-year student of a private academy on Jl.
Sat, 03 Sep 1994, 00:00 WIB
Pizza Hut's billing
Pizza Hut's billing On Aug. 29 at 1.20 PM, my friend and I ordered two PPP (ML) ILP (Lunch Pizza) in the Pizza Hut, Pasar Raya.. The price, Rp 3,900 each. However, in the bill we were charged Rp 5,200 each (price for a different item) but from this, rather gratuitously, Rp 1,300 was deducted under "Promotional discount" and the amount to actually be paid came down to Rp 3,900.
Sat, 03 Sep 1994, 00:00 WIB
Indonesia is prime U.S. priority in Southeast Asia
Indonesia is prime U.S. priority in Southeast Asia JAKARTA (JP): The U.S. government has listed Indonesia as the prime priority of its commercial policy in Southeast Asia, according to an official of a U.S. government agency. Joseph Grandmaison, the director of the U.S. Trade and Development Agency (TDA), said here yesterday that Indonesia has become increasingly important for U.S. businessmen.
Sat, 03 Sep 1994, 00:00 WIB
RI firm joins Metro
RI firm joins Metro SINGAPORE (AFP): Retail giant Metro Holdings Ltd. has announced the sale of its entire 50.3 percent stake in marketing and distribution company Transmarco Ltd. to Indonesian firm Arton Pte. Ltd. Under terms of the sale announced here late Thursday, Arton, an investment holding firm, will pay S$89.9 million (US$59.9 million) for the 13.8 million shares.