Indonesian Political, Business & Finance News

Archive: 25 October 1995

44 articles found

Discotheque closed down

Discotheque closed down YOGYAKARTA: The authorities closed down the Papillon Discotheque on Monday for operating without a permit. Spokesman of the Yogyakarta administration, Boedhi Prasetyo, was quoted by the Antara news agency as saying that the manager had been given ample warnings and ordered...

Java investment to be restricted

Java investment to be restricted JAKARTA (JP): The government, in an effort to evenly distribute industrial investment in Indonesia and curb the conversion of productive agricultural land for non-farming ventures, will soon restrict further industrial development in Java to the island's industrial...

The Soeharto-Rabin meeting

The Soeharto-Rabin meeting On Saturday Oct. 21, at 6.00 p.m. in the evening in New York, an important meeting took place. In the Presidential Suite on the fourth floor of the Waldorf Towers Hotel in New York, President Soeharto received the Israeli Prime Minister Yitzhak Rabin.

Faldo, Langer not in Dunhill Masters

Faldo, Langer not in Dunhill Masters JAKARTA (JP): Nick Faldo and Bernhard Langer, two leading European golfers, will definitely pull out of the Alfred Dunhill Masters due to family commitments, the organizers announced yesterday. Faldo, three times winner of the Open championship and twice U.S.

Military will punish drivers raising fares

Military will punish drivers raising fares JAKARTA (JP): The City Military Command will take stern action against taxi and public bus drivers who increase their fares arbitrarily, Commander Maj. Gen. Wiranto says.

Heydays of huge garbage dump over for scavengers

Heydays of huge garbage dump over for scavengers By Lara Parpan SMOKEY MOUNTAIN, Philippines (AFP): The putrid smell from the gargantuan dump, once a humiliating symbol of the Philippines' poverty, has at last been replaced by a blanket of soft green grass on its summit.

Clearer definition of 'formless organizations' needed

Clearer definition of 'formless organizations' needed "Formless organizations" fever has gripped the populace since it was launched by the bureaucracy in recent weeks. It is being described as an intangible danger preying on the nation and trying to break it apart, writes Amir Santoso.

Forum for religious leaders in East Timor inaugurated

Forum for religious leaders in East Timor inaugurated DILI, East Timor (JP): Minister for Religious Affairs Tarmizi Taher inaugurated yesterday the establishment of a forum of communication and consultancy for religious leaders in a bid to restore religious harmony following the recent riots in the...

Java losing land to tourist spots

Java losing land to tourist spots JAKARTA (JP): Java, the home to more than half of Indonesia's 195 million people, cannot afford to lose more of its fertile land for recreational projects, a legislator said yesterday. Moch.

Don't play favorites, tycoon Ciputra says

Don't play favorites, tycoon Ciputra says JAKARTA (JP): Business tycoon Ciputra, speaking of his human resource management methods, says he makes it a rule not to play favorites, even when it is his relatives who work for him.

Anton tried for Rp 1.3b car fraud

Anton tried for Rp 1.3b car fraud JAKARTA (JP): Four of 13 people defrauded by a car dealer testified at the Central Jakarta district court yesterday that Anton Hartanto took them for a very expensive ride. Anton is being tried for swindling Rp 1.

Indonesia upset over SEA Games rule changes

Indonesia upset over SEA Games rule changes PURWAKARTA, West Java (JP): More rule changes for the 18th Southeast Asian Games in Chiang Mai, Thailand, in December may deal a severe blow to Indonesia's title defense prospects.

Demand for imported grain strong

Demand for imported grain strong SINGAPORE (Reuter): Demand for imported corn and wheat is strong in the key Philippine and Indonesian markets in Southeast Asia, despite soaring world grain prices, industry sources said.

Total signs Sumatra deal

Total signs Sumatra deal PARIS (Reuter): Total said it has taken a 30 percent participating interest in the South Jambi "B" production sharing contract located in South Sumatra, Indonesia. The deal was signed with Asamera, a wholly-owned subsidiary of Gulf Canada Resources Ltd, which has a 45...

Freedom from fear

Freedom from fear Communists, formless organizations, security disturbance movement or whatever, are all referred to as ghosts determined to destroy the unity of this country. The people's fear of these ghosts and the accusations made by security authorities that some intellectuals are involved in...

Respecting the law

Respecting the law Only two months ago Indonesians celebrated their country's 50th anniversary of independence. Many hopes were expressed at the time about the improvement of conditions in all fields. Many people expected Indonesia's political development to receive more serious attention, so that...

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 24, 1995: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,575 -150 1,500 AHAP Insurance 3,250 0 0 Alumindo Perkasa 1,150 0 0 Andayani Megah 2,000 -50 2,500 Aneka...

Traffic change in Menteng

Traffic change in Menteng JAKARTA (JP): The city will turn JL. H. Agus Salim and Jl. Gereja Theresia in Menteng into one-way streets as of Friday to improve traffic flow in the area, City Hall Spokesman Soesila Darmoadji said here yesterday. Jl. H.

Jabarwood gets $24m syndicated loan facility

Jabarwood gets $24m syndicated loan facility JAKARTA (JP): PT Jabar Utama Wood Industry (Jabarwood) signed a US$24 million syndicated loan facility yesterday which will be used to restructure the company's existing debts and provide working capital for expanding production.

Soeharto criticizes UN for not preventing conflicts

Soeharto criticizes UN for not preventing conflicts By Rikza Abdullah NEW YORK (JP): President Soeharto delivered a five-minute speech at the United Nations' Special Commemorative Meeting on its 50th anniversary here on Monday, criticizing the organization for failing to prevent military conflicts...

Eclipse brings scientists, tourists to Indonesia

Eclipse brings scientists, tourists to Indonesia JAKARTA (JP): It was a school holiday yesterday in Tahuna, North Sulawesi -- the only place in the archipelago from which the total solar eclipse could be seen clearly.

ADB lends RI $337m

ADB lends RI $337m MANILA (AFP): The Asian Development Bank (ADB) has approved a 337-million-dollar loan and a 900,000-dollar technical assistance grant for a power project in Indonesia, the bank said yesterday.

Taiwan to renew LNG contract

Taiwan to renew LNG contract TAIPEI (Reuter): Taiwan's state-owned Chinese Petroleum Corp (CPC) said it will renew a 20-year contract to buy liquefied natural gas (LNG) from Indonesia. Under the renewal, which will begin in 1998, CPC will buy 1.

Maluku needs more teachers

Maluku needs more teachers AMBON, Maluku: The 2,605 elementary schools here are in need of over 8,900 elementary teachers, spokesman for the local office of the Ministry of Education said here yesterday. A.H.

'Investors must receive good service'

'Investors must receive good service' JAKARTA (JP): Vice President Try Sutrisno called on investment officials yesterday to do their best to provide good service to investors in order to encourage more investment.

Decorative lights

Decorative lights From Neraca The decorative lights displayed along Jl. Thamrin in connection to the city's anniversary and the anniversary of Indonesia's independence have attracted Jakartans, especially at night. But I have no idea how long we will be able to enjoy this phenomenon.

Driver beaten to his death

Driver beaten to his death JAKARTA (JP): A public transport driver was beaten to death on Monday by a group of teenagers for no apparent reason. Gunawan left his house in Cibubur, East Jakarta, to buy noodles.

Accident kills three artists

Accident kills three artists BATANG, Central Java: A bus full of artists returning home after performing in Jakarta collided on Monday with a truck, killing three passengers and injuring nine others. The driver of the Langsung Jaya bus, exhausted after many hours of driving, lost control of the...

Long and winding road to reforms

Long and winding road to reforms Economic reforms bring mixed results in Southeast Asia's underdeveloped region. Andrew Nette examines the changes in this Inter Press Service report. HANOI: When aid and political support from the former Soviet Union dried up in the late 1980s, Vietnam, Laos and...

Bus fare increase

Bus fare increase The Organization of Land Transportation of Jakarta has proposed a 130 percent increase of the present Metromini bus fare from Rp 300 to Rp 700. This proposal is being considered by the administration. It is true that there has been no fare increase for the past four years.

Myanmar woos more Indonesian investment

Myanmar woos more Indonesian investment JAKARTA (JP): Myanmar's Industry Minister Lt. Gen. Kyaw Than (right, photo above) presented a gift to his Indonesian counterpart, Tunky Ariwibowo, during a courtesy call yesterday.

Bus fares to be set on new criteria

Bus fares to be set on new criteria JAKARTA (JP): Director General of Land Transportation Soejono said here yesterday that the government will soon set bus fares according to distance and route. "The government is still conducting a study on public transportation networks all over the country as...

Govt needs Rp 114b for schools' renovation

Govt needs Rp 114b for schools' renovation JAKARTA (JP): The city education and teaching office estimates that Rp 114 billion will be needed to renovate 560 elementary school buildings which are in poor condition throughout the city.

Police reluctant to elaborate on Hutagalung case

Police reluctant to elaborate on Hutagalung case JAKARTA (JP): The police are now saying that an Indonesian man arrested recently in Malaysia might be a suspect in last year's killing of six family members in Bekasi, despite reports to the contrary yesterday. City Police Chief Maj. Gen.

S'pore rubber futures sink

S'pore rubber futures sink SINGAPORE (Reuter): Singapore rubber futures, reversing recent uptrend, sank slightly by the close on profit-taking to recent gains, traders said. "Prices have risen so much, so there is good chance to take profit," one European firm's trader said.

Fourteen killed in train accident

Fourteen killed in train accident JAKARTA (JP): Fourteen people were killed and 87 injured, 22 of them critically, when a packed train left its tracks and plunged into a ravine in Tasikmalaya regency, West Java, on Monday night, police said yesterday.

Three decades of Indonesia's economic growth

Three decades of Indonesia's economic growth Indonesia celebrated its 50th anniversary this year. Yoshihara Kunio, economics professor at Kyoto University's Center for Southeast Asian Studies, assesses Indonesia's economic development and future in this first of four articles.

'River squatters must leave today'

'River squatters must leave today' JAKARTA (JP): Deputy governor for administration, Idroes, said yesterday that the squatters whose houses on the banks of the Ciliwung River were recently demolished must leave the area today.

Giant tie in Senayan

Giant tie in Senayan JAKARTA (JP): Thirty young Indonesian craftsmen are going to make a giant tie of 120 meters in length and seven meters in width in a one-week long Young Indonesian Craftsmen Exhibition to be held at Plaza Senayan, South Jakarta on Oct.27 to Nov. 3.

YKPK gets positive responses from ministers

YKPK gets positive responses from ministers JAKARTA (JP): Sixty-seven influential public figures established the National Brotherhood Foundation on Monday, reportedly in an effort to save the nation from polarizing social developments.

'Indonesian arms are for defense'

'Indonesian arms are for defense' JAKARTA (JP): Minister of Defense and Security Gen. (ret.) Edi Sudradjat said yesterday that Indonesia cannot be considered militarily offensive despite it purchasing new weaponry.

Citra Lamtoro Gung signs tollway investment accord

Citra Lamtoro Gung signs tollway investment accord NEW YORK (JP): PT Citra Lamtoro Gung Persada of Indonesia and AIG Asia Infrastructure Fund of the United States signed an investment agreement here on Monday for the construction and maintenance of Philippine tollway projects in Manila.

Religious figures call for an end to Timor tension

Religious figures call for an end to Timor tension JAKARTA (JP): Fearing the spread of conflict to other territories, key religious figures called yesterday for a plan to put an end to religious tensions in East Timor.

Mother and child program

Mother and child program From Jayakarta I am a avid fan of programs on education and information on TV, either on TVRI or private television stations: RCTI, SCTV, TPI and ANteve. Among the programs I like is the Ibu, Bayi dan Balita (Mother, Babies and Children under five years old) program most,...