Indonesian Political, Business & Finance News

Archive: 24 January 1995

48 articles found

Central bank determined to tighten its supervision

Central bank determined to tighten its supervision This is the second of two articles based on a paper presented by the Governor of Bank Indonesia Soedjadjad Djiwandono at the annual bankers' meeting on Jan. 19, 1995.

Political scholars to open seminar

Political scholars to open seminar JAKARTA: Scholars from the Indonesian Society of Political Science will open a national three-day seminar on leadership and civil society in Kupang, East Nusa Tenggara.

Persib crushes Persiku to reach second place

Persib crushes Persiku to reach second place JAKARTA (JP): Intercity amateur champion Persib of Bandung, West Java took advantage of being on home turf to beat fellow amateur club Persiku of Kudus, Central Java in Sunday's Liga Dunhill Western Division soccer league and shot up to the second spot...

Sampling forbidden fruit

Sampling forbidden fruit In Southeast Asia, where economic growth has been so impressive for many years, the people are distressed to hear about unconstitutional actions on the part of the authorities. In this region some governments seem to find it difficult to decide what degree of political...

HMI congress

HMI congress From Pelita The Islamic Students Association (HMI) is holding its 12th congress in Surabaya, East Java. The congress was officially opened by President Soeharto. This congress is extraordinary because it is the first congress of its kind to be opened by the President.

Minibus driver trial will proceed

Minibus driver trial will proceed JAKARTA (JP): Judge Soemarjono of the North Jakarta District Court decided yesterday to dismiss the defense's request to wave charges against Ramses Silitonga, a Metromini bus driver who was behind the wheel when his bus plunged into the Sunter river in North...

Hotel groups start cooperate

Hotel groups start cooperate JAKARTA (JP): PT Hotel Indonesia International (HII), a state- owned company operating seven hotels, signed here yesterday an agreement with the American Hotel and Motel Association (AHMA) to cooperate in hotel industry training programs in Indonesia.

Security guard at Graha Medika

Security guard at Graha Medika From Kompas On Dec. 23, 1994 at about 9.15 a friend of mine and I wanted to deliver a Christmas package to the Graha Medika hospital. As it was very late at night and we were in a hurry, we unintentionally entered the vicinity through the driveway marked "no entry.

LIPI seeks private participation in R&D

LIPI seeks private participation in R&D JAKARTA (JP): The new chairman of the Indonesian Institute of Sciences (LIPI), Soefjan Tsauri, said yesterday he would seek the involvement of more private institutions in research activities.

Water catchment area needs protection

Water catchment area needs protection JAKARTA (JP): Governor Surjadi Soedirdja reiterated the importance of maintaining South Jakarta as the city's main water catchment area, to help secure an adequate supply of water.

Tamara Bank gets loan

Tamara Bank gets loan JAKARTA (JP): A syndicate of overseas banks committed itself yesterday to providing a loan of US$50 million to the Tamara Bank, a commercial bank listed on the Jakarta Stock Exchange.

Banks unite against money speculators

Banks unite against money speculators JAKARTA (JP): The central banks of Indonesia, Malaysia, Singapore, Thailand, the Philippines and Hong Kong have agreed to exchange relevant information and experiences in coping with speculative attacks on their currencies.

Suggestion for Liga Indonesia

Suggestion for Liga Indonesia From Suara Karya The Liga Indonesia tournament was a bold step for the Indonesian Soccer Association (PSSI) and should be highly appreciated by soccer fans throughout Indonesia.

Bridges over toll roads

Bridges over toll roads From Neraca I do not know precisely how many pedestrian bridges will be built over the toll roads. But I was told that tens of millions of rupiah have been allocated for the projects.

Squatters demolish houses

Squatters demolish houses JAKARTA (JP): Residents of Cengkareng Timur have voluntarily demolished their houses, located on land owned by the state housing developer Perum Perumnas, following an operation carried out by the West Jakarta mayoral administrative advisory board (Muspika).

Three die, 10 hurt in accident

Three die, 10 hurt in accident KENDAL, Central Java: At least three people were killed and ten others seriously injured in a head-on collision between a bus and a truck near Kendal last weekend. Chief of the Kendal police precinct Lt. Col.

Potted plants will 'replace' vendors

Potted plants will 'replace' vendors JAKARTA (JP): The city administration has ordered 120 traders operating along Jl. Matraman Raya in Jatinegara to leave the area as of Jan. 18, despite their appeal to remain until the upcoming Idul Fitri holiday.

To demonstrate is a fundamental right: Seminar

To demonstrate is a fundamental right: Seminar JAKARTA (JP): The right of the public and students to take to the streets and demonstrate for various causes is a fundamental right guaranteed by the Constitution, a seminar concluded.

Government probes 'kue lapis' case

Government probes 'kue lapis' case JAKARTA (JP): The health authorities launched an investigation into the use of artificial preservatives in kue lapis, a popular traditional cake, after Malaysia declared last week that 10 Indonesian brands are unfit for consumption.

Thai gets life sentence for drug trafficking

Thai gets life sentence for drug trafficking JAKARTA (JP): Judge R.P.A. Mangkoediningrat of the Central Jakarta District Court sentenced yesterday to life imprisonment Sae Lim Iaw, a Thai national, for his involvement in a drug trafficking case.

The world needs sound statistics on environment

The world needs sound statistics on environment JAKARTA (JP): The development of a sound environmental statistic system is urgently needed in line with increasing environmental awareness worldwide, says a senior official of the Central Bureau of Statistics.

Indonesia has enough teachers: Legislators

Indonesia has enough teachers: Legislators JAKARTA (JP): Many legislators criticized the Indonesian Teachers Union (PGRI) yesterday for routine complaints that the nation has a shortage of teachers when, they claim, there are sufficient numbers.

Workers protest ban on headdress

Workers protest ban on headdress JAKARTA (JP): Dozens of Moslem female workers, of an electronic company, in dispute with their employers over their religious headdress brought their case to the House of Representatives yesterday.

C. Kalimantan wins rowing meet

C. Kalimantan wins rowing meet JAKARTA (JP): Central Kalimantan's scullers pedaled to nine gold medals, four silvers and a bronze to win the overall title at the national rowing championships which closed in Ujungpandang, South Sulawesi on Sunday.

RP's VP to visit Jakarta

RP's VP to visit Jakarta JAKARTA (JP): Philippine Vice President Joseph Estrada will make a three-day private visit to Jakarta on Thursday, an embassy spokesman said here yesterday. Estrada, accompanied by a party of eight people, arrives in Bali today where he is scheduled to deliver a keynote...

Stock Exchange

Stock Exchange JAKARTA (JP): Sluggish trading extended on the Jakarta Stock Exchange (JSX) yesterday with share prices falling across the board. After falling above five points on Friday, the JSX Composite Index further plunged to close nearly 10 points lower at 436.15 yesterday.

Nasreen trial put back again

Nasreen trial put back again DHAKA (AFP): The trial of exiled Bangladeshi writer Taslima Nasreen was put off yesterday until Feb. 9 by a magistrate's court, legal sources said. This is for the fourth time the trial in absentia of the exiled writer has been postponed.

PLN to offer bonds in two phases for its expansioan

PLN to offer bonds in two phases for its expansioan JAKARTA (JP): The state electricity company PT Perusahaan Listrik Negara (PLN) announced its plan yesterday to offer five- year bonds worth Rp 1 trillion (US$454.55 million) to the public to help finance its expansion projects.

Over 700 workers denied wages

Over 700 workers denied wages JAKARTA (JP): Over 700 West Java workers urged the National Commission of Human Rights yesterday to make a government-owned plantation company pay them their past 20 months wages, which it has denied them.

Sanyo to hold music show

Sanyo to hold music show JAKARTA (JP): PT Sanyo Industries Indonesia will hold a music show called "Sanyo Indonesia Music Festival 1995" on June 24 at Istora hall, Senayan, Central Jakarta. According to a press release made available to The Jakarta Post in Jakarta yesterday, the show will feature...

Private sector must invest $1t in infrastructure: ESCAP

Private sector must invest $1t in infrastructure: ESCAP JAKARTA (JP): The private sector is expected to shoulder most infrastructure development in the Asia-Pacific region, as governments can only provide one-third of the funds required over the next five years.

Property tax

Property tax From Kompas It is the obligation of every citizen to pay their land and building tax. But what if the tax is quite disproportionate. Should we pay it to show that we are loyal citizens? My father owns a piece of land in East Bandung mayoralty, on which he has a workshop for repairing...

RI failures in sports lamented

RI failures in sports lamented JAKARTA (JP): President Soeharto expressed concern yesterday over Indonesia's performance in sports, citing as an example the national contingent's poor showing at the 12th Asian Games in Hiroshima last year.

Military to clamp down on poison-arrow gangs

Military to clamp down on poison-arrow gangs MEDAN, North Sumatra (JP): Bukit Barisan Military chief Maj. Gen. Arie J. Kumaat has ordered his troopers to clamp down on criminal gangs which use poison arrows to knock out their victims.

Patent right forgery

Patent right forgery From Bisnis Indonesia Bisnis Indonesia of Jan. 20, 1995 published an article concerning an investigation of the illegal producing of a patented jelly (Swallow Sun) product. The patent owner, Efendy, has complained about this forgery for 20 years.

Bank Swadesi moves to capital

Bank Swadesi moves to capital JAKARTA (JP): Bank Swadesi has moved its headquarters to the capital from Surabaya to further tap the growing business opportunities here. The bank announced yesterday that the relocation of headquarters to Jakarta followed a sharp increase in the bank's activities in...

Surya Dumai Industry to build fiberboard plant

Surya Dumai Industry to build fiberboard plant JAKARTA (JP): PT Surya Dumai Industry (SDI), which plans to go public this year, announced yesterday that it will build a new medium density fiberboard (MDF) plant in Riau, with an investment of US$35 million.

RI still studying ASEAN forces

RI still studying ASEAN forces JAKARTA (JP): Minister of Foreign Affairs Ali Alatas said here yesterday that Indonesia is still studying the prospect of a joint Association of Southeast Nations (ASEAN) peacekeeping force to be placed under the aegis of the United Nations.

Police finally name Oki as main suspect in murder

Police finally name Oki as main suspect in murder JAKARTA (JP): Police finally named Harnoko Dewantono, alias Oki, 30, yesterday as the main suspect in the murder of two Indonesians and an Indian national in Los Angeles.

ASEAN economic mission in Vietnam

ASEAN economic mission in Vietnam HANOI (AFP): A senior ASEAN economic delegation has begun a six-day visit to Vietnam to determine what economic role the communist country will play in future ties with its richer neighbors, a senior diplomat said yesterday.

Garuda's outgoing chief praised

Garuda's outgoing chief praised JAKARTA (JP): Minister of Transportation Haryanto Dhanutirto yesterday acknowledged that Garuda Indonesia, the national flag carrier, significantly improved under the management of Wage Mulyono, who was replaced by Supandi last Friday.

Dengue epidemic kills three

Dengue epidemic kills three GROBOGAN, Central Java: Three people have died and 170 others hospitalized in a dengue fever outbreak in this regency, an official said yesterday. Chief of the local health office Agus Subandijo said the three died because they were admitted to hospital only after they...

West Kalimantan prone to AIDS

West Kalimantan prone to AIDS PONTIANAK, West Kalimantan: Governor Aspar Aswin warned yesterday that the province is highly vulnerable to the spread of the deadly Acquired Immune Deficiency Syndrome (AIDS).

World demand for tin will rise: Institute

World demand for tin will rise: Institute JAKARTA (JP): The England-based International Tin Research Institute Ltd. (ITRI) predicts that the demand for tin world-wide will grow by 20,000 to 30,000 tons per annum within the next two to three years.

Irresponsible driver

Irresponsible driver From Kompas It was on Monday, Jan. 16, 1995 at about 7 a.m. on the Cikampek toll road, some 300 meters before the Pondok Gede toll gate on the way to Cawang, Jakarta. I was in line for the toll gate when suddenly a red Isuzu Panther (B 2455 SB) hit my car from behind, causing...

Shipbuilders likely to move from industrialized countries

Shipbuilders likely to move from industrialized countries JAKARTA (JP): Shipbuilding companies in industrialized countries are likely to relocate their plants to developing countries for lower production costs, an official said.

Monument on rocky land

Monument on rocky land From Kompas If we sail from Sekupang to Singapore, we pass Pulau Sambu Kecil (Small Sambu Island) and, before entering the Singapore Strait, there lies a rocky island that belongs to Indonesia. I have this to suggest for the Indonesian government.

Gifts for flood attendants

Gifts for flood attendants JAKARTA (JP): Mrs. Surjadi Soedirdja, chairperson of the Dharma Wanita civil servants' wives organization's Jakarta office, presented gifts in the form of jackets and foodstuffs to a number of floodgate attendants in South and East Jakarta.