Indonesian Political, Business & Finance News

Archive: 16 January 1995

31 articles found

Sudden upsurge in sales leads to stock drop on JSX

Sudden upsurge in sales leads to stock drop on JSX JAKARTA (JP): The Jakarta Stock Exchange (JSX) took a steep plunge last week as a result of a sudden upsurge in selling orders from foreign investors. By the end of last week, the JSX Composite Index fell to a 12- month low of 441.87, down by 27.

Jitters about rupiah

Jitters about rupiah Understandably Indonesian monetary officials were painfully surprised by the dumping of the rupiah over the last few days. This was mostly because the trend occurred so soon after the unveiling of what domestic and foreign economists have welcomed as a very realistic state...

Yogie SM denies funding rival PDI leadership

Yogie SM denies funding rival PDI leadership JAKARTA (JP): Minister of Home Affairs Moch. Yogie SM has denied giving money to the rival leadership of the Indonesian Democratic Party (PDI). Yogie told journalists at his office over the weekend that Yusuf Merukh, the leader of the PDI rival board,...

1st nuke plant to operate in 2000

1st nuke plant to operate in 2000 SEMARANG, Central Java: One of several nuclear power plants to be built on Mount Muria is expected to go into operation early in the year 2000, an official said on Saturday.

RI must push biotechnology

RI must push biotechnology JAKARTA (JP): Indonesia will need to catch up in the field of biotechnology if it wants to develop as an industrial nation, a senior official of the Agency for Assessment and Application of Technology (BPPT) warns.

BI to bar rogues from bank sector

BI to bar rogues from bank sector JAKARTA (JP): Bank Indonesia, the central bank, will soon introduce a ruling barring certain people from becoming shareholders or executives of banks. Bank Indonesia (BI) Governor J.

Public's building permit know-how very limited

Public's building permit know-how very limited JAKARTA (JP): A city development control agency official says many people remain poorly informed about the regulation requiring them to obtain building permits to renovate houses.

Albania, Qatar place new ambassadors

Albania, Qatar place new ambassadors JAKARTA (JP): President Soeharto received the credentials of the new ambassador of Qatar, Saeed Khalifa Mubarak Al-Muhannadi, and the new ambassador of Albania, Ferid Riza Hoti, at the state palace on Saturday.

Census to start for expatriates

Census to start for expatriates JAKARTA (JP): The municipal authorities will be taking a census of foreigners living in the capital. The census, which begins today, will target expatriates working for companies throughout the city.

TV today

TV today TVRI 2:30 p.m. TV Series: Rude Dog & The Dweebs 3:00 Children's Program 3:30 TV Series: Unsolved Mysteries 4:30 School Quiz: Cepat Tepat 5:00 Regional News 5:30 Culture Program 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Religious Teachings: Budha 7:00 Evening News 7:30...

Crash victims' bodies sent home

Crash victims' bodies sent home JAKARTA (JP): The remains of 10 victims of last week's Merpati Nusantara Airlines crash in East Nusa Tenggara were returned to their families yesterday. In a solemn ceremony search and rescue leader Lt. Col.

Toll roads subject to traffic law

Toll roads subject to traffic law JAKARTA (JP): City police began enforcing the 1992 Traffic Law in full on toll roads on Saturday, which means violators could be punished with stiff penalties under the legislation. Col. Djuari Sis Ardianto of the National Police announced the move on Friday.

Two more airports for Aceh

Two more airports for Aceh BANDA ACEH, Aceh: The government will build two airports in this westernmost province in order to boost tourism. Secretary to the provincial government Malik Ridwan Badai said on Saturday that the airports would be built in the Southeast Aceh and Central Aceh regencies.

Indonesia Open assured for '96

Indonesia Open assured for '96 JAKARTA (JP): Chairman of the Indonesian Tennis Association (Pelti), Sarwono Kusumaatmadja, announced yesterday that poor attendance and lack of sponsorship would not deter Pelti from organizing the Indonesia Open Tennis Championships next year.

Stronger unity needed

Stronger unity needed A public debate on national unity has surged in recent weeks. There are those who believe that the emphasize put by government officials on the unity of the nation is only a pretext to limit the freedom of expression of the people. Minister of Defense and Security Gen.

Traffic cop passes chief's bribery test

Traffic cop passes chief's bribery test JAKARTA (JP): City Police Chief Maj. Gen. Mochammad Hindarto recently rode his Harley Davidson motorcycle incognito, to test one of his traffic officers in Senayan.

Demolition in Cengkareng Timur to go on: Mayor

Demolition in Cengkareng Timur to go on: Mayor JAKARTA (JP): West Jakarta Mayor Sutardjianto remains adamant that all structures now standing on the land in Cengkareng Timur owned by the state-run housing developer, Perum Perumnas, must be demolished by the end of this month at the latest.

Where to go in Jakarta:

Where to go in Jakarta: Music * The Aryaduta Jakarta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Thursday, Friday and Saturday from 7 p.m. to 11 p.m.; Lost Morenitos, Sunday, Tuesday and Wednesday from 7 p.m. to 11 p.m.

Case of bank workers handled

Case of bank workers handled JAKARTA (JP): The National Commission on Human Rights has vowed to immediately help resolve a dispute between 52 employees of PT Bank Umum Nasional and the bank's executives.

Ramos Horta not invited to East Timor dialog

Ramos Horta not invited to East Timor dialog JAKARTA (JP): East Timor separatist leader Ramos Horta will not be taking part in any dialog on the future of the territory, a Ministry of Foreign Affairs spokesman said.

Haarhuis claims first career title

Haarhuis claims first career title JAKARTA (JP): Paul Haarhuis of the Netherlands defied a worsening wrist injury to beat Czech Radomir Vasek yesterday at the Indonesia Men's Open tennis championships. The victory was the first singles title of his career.

Floods cause further damage in Riau province

Floods cause further damage in Riau province JAKARTA (JP): Flooding in the Indragiri Hulu regency in Riau province has caused further damage. Y. Kadar Sulaiman, a flood control officer with the Indragiri Hulu administration, said yesterday that incidents of damage had increased since previous day.

Merit awards on sales

Merit awards on sales JAKARTA (JP): PT ERA Graharealty Indonesia, an affiliate of the Dharmala Group, awarded on Saturday merit certificates to its housing sale associate members and brokers in respect of their selling achievements last year.

Merapi victims to be resettled

Merapi victims to be resettled YOGYAKARTA: The government will resettle hundreds of victims of last year's Mount Merapi eruption in outer islands under the state-sponsored transmigration program. Secretary to the Yogyakarta governor Suprastowo told reporters Saturday that transmigration was the...

39 East Timorese to stand trial

39 East Timorese to stand trial DILI, East Timor: At least 39 people will be brought to trial soon for rioting in Baucau and staging an anti-government demonstration here this month, a police source said Saturday.

Beware of phony journalists

Beware of phony journalists JAKARTA (JP): The Jakarta chapter of the Indonesian Journalists Association has warned the public against certain people who claimed to be journalists These phony journalists have blackmailed many people, a leading official of the association said.

Time to have decree on illegitimate children

Time to have decree on illegitimate children JAKARTA (JP): A governmental decree on the status of a child born out of a wedlock is needed due to the increasing number of such cases in modern day life, an official of the Ministry of Religious Affairs says.

Sandalwood smuggling foiled

Sandalwood smuggling foiled DILI, East Timor: The authorities foiled an attempt to smuggle in 500 kilograms of sandalwood worth 20 million (US$8,000) last week, a customs and excise official said on Saturday.

Puncak area

Puncak area From Kompas On Dec. 25, 1994 we spent our holiday in Puncak, West Java. To get to this rest resort area we drove our car. Before we reached Cipanas, where the road descends slightly, some people at the road side said that there was flash of fire under our car.

Tolerant religion

Tolerant religion Having waited in vain for more than a week for any reply from Mr. Mochtar Buchori concerning my comments (The Jakarta Post, Jan. 6, 1995) on his article, It looks now I have to address myself to a response from Ms. Rahayu Ratnaningsih who quickly came to his defense.

Ticket scalper

Ticket scalper From Jayakarta Century 21 are the favorite of the film goers because of their convenience and service. But the Century 21 at Gajah Mada Plaza complex disappointed me when on Jan. 7, 1995. I went there to see the midnight show of Master Gambler. I arrived at 22.