Indonesian Political, Business & Finance News

Archive: 2 October 1995

42 articles found

U.S donates drug detectors

U.S donates drug detectors JAKARTA (JP): The U.S. government donated a set of drug detectors to the Indonesian Police and Customs on Friday. U.S. embassy press officer Craig Stromy said the grant was aimed at helping Indonesia to fight international drug syndicates.

More land needed for cemeteries

More land needed for cemeteries JAKARTA (JP): The city administration plans to expand the area designated for public cemeteries from 557.5 hectares to 700 hectares by 2005. Head of the City Cemetery Agency Syafril Zainuddin said over the weekend, "Although this is a projection for 2005, the current...

Where to go in Jakarta:

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

ADB aid for China, RI

ADB aid for China, RI MANILA (AFP): The Asian Development Bank (ADB) said Saturday it had approved about US$593.9 million in loans and grants to China, Thailand, Cambodia and Indonesia. The biggest aid, amounting to $386.9 million will go China.

Soeharto to inaugurate automated trading system

Soeharto to inaugurate automated trading system JAKARTA (JP): President Soeharto is scheduled to inaugurate the Jakarta Automated Trading System (JATS) of the Jakarta Stock Exchange (JSX) at its building tomorrow.

Labor activist Mochtar acquitted by Supreme Court

Labor activist Mochtar acquitted by Supreme Court JAKARTA (JP): Indonesian Prosperous Labor Union chairman Mochtar Pakpahan, who was sentenced to four years jail in January in connection with the 1994 labor riots in Medan, North Sumatra, has been acquitted on appeal to the Supreme Court.

Nation commemorates crushing of coup attempt

Nation commemorates crushing of coup attempt JAKARTA (JP): Indonesia commemorated yesterday the 30th anniversary of the crushing of the bloody coup attempt, blamed on the Indonesian Communist Party, with one official repeating warnings about the latent danger of communism in the country.

'Soeharto still needed after 1998'

'Soeharto still needed after 1998' JAKARTA (JP): The youth wing of the ruling political grouping Golkar has asked that President Soeharto allow himself to be nominated for the presidency again in 1998. Ais Anantama Said, chair of the Generasi Muda Gabungan Karya Rakyat Indonesia, made the call...

Operation against illegal billboards starts again today

Operation against illegal billboards starts again today JAKARTA (JP): The municipal administration will launch, starting today until Oct. 31, an operation to dismantle billboards which do not have permits, or whose permits have expired, and billboards which still use a foreign language.

Ramos visits KL to boost ties

Ramos visits KL to boost ties KUALA LUMPUR (Reuter): Philippine President Fidel Ramos arrived yesterday for a brief working visit to Malaysia, aimed at strengthening bilateral and business ties. Ramos delivers a keynote address today at a seminar and exhibition in Kuala Lumpur on legendary...

Tariff exemption

Tariff exemption JAKARTA (JP): The Ministry of Finance announced over the weekend that imports of certain raw materials and appliances for automobile bodies and heavy equipment are exempted from duties. The ministry, under a ministerial decree effective since Sept.

Indonesia's Paian chairs ICO

Indonesia's Paian chairs ICO LONDON (Reuter): The International Coffee Organization (ICO) Council has elected as chairman Indonesia's Paian Nainggolan, the chief of the country's Trade Research and Development Agency.

16 foreigners killed in first nine months

16 foreigners killed in first nine months MANILA (AFP): At least 16 foreigners have been shot or stabbed to death in the Philippines in the first nine months of the year and the killings could dampen foreign investor interest in the country, a senator said yesterday.

Fire kills two RI crew

Fire kills two RI crew BANGKOK (Reuter): Two crew members on the Indonesian- registered MT Candra Dewi were killed in a fire on board the methanol-loaded ship at the south eastern Thai industrial port of Mabtapud. Jirachai Naiwattanakul of Thai Tank Terminal Co. Ltd.

10m tons of coal exported

10m tons of coal exported JAKARTA (JP): PT Kaltim Prima Coal, a company owned equally by British Petroleum and CRA Limited of Australia, plans to increase coal exports by 15 percent to 10 million tons this year, a company executive said on Saturday.

Dyno buys out subsidiary

Dyno buys out subsidiary OSLO (Reuter): Norwegian chemicals company Dyno Industrier A/S said it had bought the remaining 26 percent stake in its Singapore operations from the Development Bank of Singapore for S$32 million (140 million crowns).

Policeman fires on soldier

Policeman fires on soldier DILI, East Timor: Local military chief Col. Mahidin Simbolon confirmed yesterday reports of an armed clash between a police officer and a soldier over a prostitute. Simbolon said the incident, involving an officer of a mobile police brigade and an officer of Army Company...

Reading habit should be taught at home: Experts

Reading habit should be taught at home: Experts JAKARTA (JP): One expert suggests Asterix and Donald Duck, while another suggests Doraemon. The message to parents is the same: Give your children any comic strip to get them started reading and, hopefully, they will acquire the habit of reading as...

Normal sex after stroke is possible

Normal sex after stroke is possible JAKARTA (JP): The 42-year-old Roy thought life would never be the same again after he had a stroke two months ago and had to spend four days in hospital. Despite his recovery, he had difficulties moving his left hand, had problems speaking and felt that he had...

ASEAN law schools plan tie-up

ASEAN law schools plan tie-up JAKARTA (JP): ASEAN's members may have different legal systems, but law educators have begun efforts to develop a common curriculum for the law schools of the seven countries.

Euro-Nevada enters RI

Euro-Nevada enters RI TORONTO (Reuter): Euro-Nevada Mining Corp. Inc. said it acquired an interest in the Mt. Muro project in Indonesia for US$18.5 million. It said the interest, held by a major resource company, is in the form of a deferred purchase payment based on a sliding scale percentage of...

Indonesia eyes two golds in bowling at SEA Games

Indonesia eyes two golds in bowling at SEA Games JAKARTA (JP): The Indonesian Bowling Association has set a target of two gold medals at the 18th Southeast Asian Games in Thailand, even though the National Sports Council has projected that the bowling team will win only one.

Fake land titles found in N. Jakarta

Fake land titles found in N. Jakarta JAKARTA (JP): The North Jakarta office of the National Land Agency has uncovered 118 fake land certificates, North Jakarta Mayor Suprawito said over the weekend. Suprawito told reporters the fake certificates are duplicates of legally issued titles.

Small-capped shares under spotlight on JSX

Small-capped shares under spotlight on JSX JAKARTA (JP): Small issues were under the spotlight on the Jakarta Stock Exchange (JSX) last week, with local players speculating on small-capped counters, most of which were trading under par.

PM Banharn visits Vietnam

PM Banharn visits Vietnam HANOI (Reuter): Thai Prime Minister Banharn Silpa-archa, on his first overseas trip as premier, held talks in Hanoi yesterday with his Vietnamese counterpart, Vo Van Kiet. He arrived three hours late from the Philippines for a scheduled six-hour visit, and was due to...

Visa card access to ATM

Visa card access to ATM JAKARTA (JP): Bank Internasional Indonesia (BII) announced on Saturday its joint cooperation with Visa International, to open access for Visa/Plus card holders to its automated teller machine (ATM) network.

AIDS patients not insured

AIDS patients not insured SEMARAMG, Central Java: The local branch of the state-run insurance company PT Astek is refusing to cover people with AIDS, as well as drug and alcohol addicts, even if they are participants in the health insurance program.

River banks cleared for sport, recreation

River banks cleared for sport, recreation JAKARTA (JP): City authorities demolished 33 shacks along Ciliwung riverbanks between Jl. Perwira and Istiqlal Mosque on Saturday as part of the Central Jakarta mayoralty's plan to build sports and recreation sites.

Measures needed to boost equity investment

Measures needed to boost equity investment JAKARTA (JP): A survey conducted by the Association of Indonesian Securities Companies reveals that a number of measures are needed to make equity investment more attractive than fixed- income investment.

Obituary

Obituary JAKARTA (JP): Mahbub Djunaidi, a renowned journalist and veteran politician, died early yesterday at his home in Bandung, West Java. He was 62 years old. He is survived by his wife Asmawati, 54, their two sons, three daughters and three grandchildren.

TV today

TV today TVRI 2:35 p.m. TV Series: Voltron 3:05 Children's Program: Riang Ria 3:30 TV Series: The Crystal Maze 4:30 School Quiz: Cepat Tepat 5:00 Evening News 5:30 Technology Program 6:05 Nusantara the Beloved Country 6:15 Village Program 6:30 Religion Teachings: Hindu 7:00 Evening News 7:30 TV...

Danayasa's low-cost housing development wins support

Danayasa's low-cost housing development wins support JAKARTA (JP): Minister of Public Housing Akbar Tanjung has warmly welcomed a decision of PT Danayasa Arthatama, which is developing the Sudirman Central Business District (SCBD), to build low-cost housing for low-income people.

Handicapped children hampered by denial

Handicapped children hampered by denial JAKARTA (JP): The difficulties faced by mentally-handicapped children are often compounded by parental denial that a problem exists, a psychologist said on Saturday.

Restriction on taxi operations draws criticism

Restriction on taxi operations draws criticism JAKARTA (JP): Officials at the Jakarta office of the Ministry of Transportation and Bekasi administration have expressed concern over a decision to prohibit taxis from the capital's outskirts from operating in Jakarta. A.

High interest rates hit property projects

High interest rates hit property projects JAKARTA (JP): High interest rates and banks' reluctance to finance property development have forced developers to either delay construction of "strata-title" apartments or redesign their projects for hotels and office buildings.

Telkom applies to NYSE

Telkom applies to NYSE NEW YORK (Reuter): PT Telekomunikasi Indonesia (Telkom), the nation's telecommunications company, said it filed a registration statement with the U.S. Securities and Exchange Commission regarding an offering of American Depositary Shares in its global offering of stock.

Thirty years after

Thirty years after It is perhaps a bit ironic that of late, three decades after the Army crushed and outlawed the Indonesian Communist Party (PKI) for its part in the bloody coup of October 1965, many people here are still wondering if the PKI has actually been wiped out at all.

RI shooters seek better ranking

RI shooters seek better ranking JAKARTA (JP): Indonesia is set to better its position from 12th to 10th at the Asian Shooting Championships, due to be opened today at the Senayan shooting range. Tomorrow will be the competitions' first day, featuring the men's free pistol and the women's air rifle...

Jakarta, W. Java gain softball championship titles

Jakarta, W. Java gain softball championship titles JAKARTA (JP): The Jakarta men's team routed West Java 9-2, while the West Java women's team stunned Jakarta with a 2-0 win at the National Softball Championships, which concluded on Saturday at Senayan's Cemara Tiga diamond.

Garuda Indonesia reroutes flights to European countries

Garuda Indonesia reroutes flights to European countries JAKARTA (JP): The country's flag carrier, Garuda Indonesia, announced Saturday new direct routes to and from Europe, after slashing the number of stopovers at Abu Dhabi from 16 times a week to only six times a week.

Diners respond

Diners respond In response to the letter by D. Champel to The Jakarta Post concerning the case of his friend Rav Suzie Adiyana BSc., we herewith would like to explain as follows: 1. According to the data available to us, the credit card of your friend was canceled on July 31, 1995.

Irian Jaya to have 'Pancasila village'

Irian Jaya to have 'Pancasila village' JAKARTA (JP): A village community in which life is organized in true conformity with the state ideology Pancasila may exist in the province of Irian Jaya. A pilot project is underway in Aimbe in the Kemtugresi district to establish what is being described as...