Indonesian Political, Business & Finance News

Archive: 28 October 1995

55 articles found

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 27, 1995: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,425 -150 1,500 AHAP Insurance 3,250 0 0 Alumindo Perkasa 1,150 0 0 Andayani Megah 1,975 25 25,500 Aneka...

George immune from extradition: Oetojo

George immune from extradition: Oetojo JAKARTA (JP): Minister of Justice Oetojo Oesman says academic and human rights activist George Aditjondro cannot be extradited from Australia, despite a request from the Indonesian government.

Church meet will not touch E. Timor

Church meet will not touch E. Timor JAKARTA (JP): The leaders of the Catholic Church will not discuss the dissociated diocese of East Timor during their six- day National Assembly. The head of the Roman Catholic Church, Cardinal Julius Darmaatmadja, said in a press conference here yesterday that...

Executives detained for falsifying deposit notes

Executives detained for falsifying deposit notes JAKARTA (JP): Three executives of a private firm have been arrested for allegedly counterfeiting deposit certificates, inflicting a loss of about Rp 5 billion (US$2.2 million) on their business partners. National Police Spokesman Brig. Gen. I.K.

West Jakarta holds exhibition

West Jakarta holds exhibition JAKARTA (JP): West Jakarta Mayor Sutardjianto opened yesterday an exhibition to commemorate Pancasila Sanctity Day, which falls on Oct. 1. As many as 131 participants are taking part in the five-day exhibition, which is underway at the mayoralty sports hall.

Political communication and democracy

Political communication and democracy By Ignas Kleden This is the second of two articles on the relationship between political communication and democratization. Sociologist Ignas Kleden addresses the question in this article.

City urged to take over bus management

City urged to take over bus management JAKARTA (JP): A city councilor has urged the municipal administration to consider taking over the management of the state-owned PPD bus company from the Ministry of Transportation, arguing the move would lead to improved services. Abdulgani H.

RI, Taiwan expand cooperation

RI, Taiwan expand cooperation JAKARTA (JP): Indonesian and visiting Taiwanese businessmen held a one-day meeting here yesterday to discuss new joint venture opportunities in manufacturing, agroindustry, tourism, telecommunications, mining and energy.

Bakrie-Diafoil PET plant

Bakrie-Diafoil PET plant JAKARTA (JP): PT Bakrie Diafoil, a joint venture between PT Bakrie Kasei Corp. and Diafoil Hoechst of Japan, is building a US$30 million polyethylene film plant, slated to come on stream next March.

Mass organizations urged to stay away from politics

Mass organizations urged to stay away from politics JAKARTA (JP): Noted political scientist Maswadi Rauf warned yesterday against the use of mass organizations for political purposes in the run-up to the 1997 general election.

Malaysia cuts power rates

Malaysia cuts power rates KUALA LUMPUR (AFP): Malaysia's power utility Tenaga Nasional Bhd. will reduce power charges for lower-end consumers under a tariff revamp which could see higher electricity rates for all other sectors, news reports said yesterday.

YLBHI protests beating of workers

YLBHI protests beating of workers JAKARTA (JP): The Indonesian Legal Aid Foundation (YLBHI) is protesting the military's beating of labor protesters in Jombang, East Java, last week. One worker was seriously injured and 20 others were hospitalized in the protest, which was mounted by workers after...

Poor services still hamper investments

Poor services still hamper investments JAKARTA (JP): Poor services, inadequacy of regulations and high-cost economy are hampering investment, chairman of the Jakarta investment coordinating board, Ery Chayaridipura says.

Golkar and ABRI

Golkar and ABRI From Merdeka I read with interest Sudomo's comment in Merdeka (Oct. 16, 1995) concerning the relationship between the Armed Forces (ABRI) and Golkar. Clarification of this relationship is of great importance because it will give the younger generation a clear idea of the history of...

Govt replaces Ridwan as Merpati's president

Govt replaces Ridwan as Merpati's president JAKARTA (JP): State-owned PT Merpati Nusantara Airlines president Ridwan Fatarudin's tense waiting for a confirmation of his imminent replacement has ended. Director General of Air Transportation Zainuddin Sikado disclosed yesterday that the finance...

PT Komselindo prepares int'l roaming service

PT Komselindo prepares int'l roaming service JAKARTA (JP): PT Komselindo, one of the country's analog cellular telecommunications operators, is preparing a new service to allow subscribers to use their handsets in foreign countries.

Eleven arrested for stealing garments

Eleven arrested for stealing garments JAKARTA (JP): Tanjung Priok Port Police have arrested 11 people for stealing a container of garments worth around Rp 300 million. The people allegedly tried to cut the 40-foot container into pieces and sell it bit by bit in an effort to get rid of the material...

MasterCard debit cards

MasterCard debit cards JAKARTA (JP): MasterCard International, Bank Lippo, Bank Bali, and Indonesian retailers, restaurants and tourism companies have joined to issue co-branded debit cards. Besides carrying MasterCard's Maestro and Cirrus marks the debit cards also include names of merchants that...

Implementing Youth Pledge a huge task

Implementing Youth Pledge a huge task Youth Pledge Day, which falls today, commemorates the historic event of 1928 when youths from different ethnic and religious backgrounds gathered in Jakarta and vowed to create a single nation, people and language.

NU plans to discuss presidential term

NU plans to discuss presidential term JAKARTA (JP): Indonesia's largest Moslem organization plans to discuss whether Islamic law and tradition makes any stipulation on the length of the presidential term.

S'pore, Malaysian firms to tie up

S'pore, Malaysian firms to tie up SINGAPORE (AFP): Singapore-based Asia Pulp and Paper Co. Ltd. (APP) said yesterday that it had formed a joint venture with a Malaysian partner to set up a US$714 million integrated pulp and paper mill.

Legislators criticize steam power plant bidding

Legislators criticize steam power plant bidding JAKARTA (JP): Legislators have criticized the government's plan to use a non-transparent bidding process for the US$1.4 billion steam power plant in Tanjungjati A, Central Java.

'Feng shui' belief still drives Asian businesses

'Feng shui' belief still drives Asian businesses By Anil Penna SINGAPORE (AFP): When a famous Western hotel chain found its Singapore property was not faring as well as expected, it called in a practitioner of feng shui, the ancient Chinese technique of geomancy.

Another traffic jam

Another traffic jam From Neraca Traffic jams on Jl. Salemba Raya, from St. Carolus hospital to the Matraman overpass, have become the order of the day since construction began on the overpass connecting Jl. Pramuka and Jl. Matraman. Meanwhile, the flow of traffic from Jl.

'RCTI' airs new series

'RCTI' airs new series JAKARTA (JP): Starting from Nov. 5, 1995, RCTI will present the Japanese TV series Tokyo Wedding Story. The program will be screened on Sunday from 5:30 p.m to 6 p.m. The story, told in 46 episodes, is about science fiction comic writer Yoko Hara and her husband-to-be...

Refinery fire put out

Refinery fire put out CILACAP, West Java: Conflagration razing seven oil storage tanks over three days in the state-owned oil company Pertamina's refinery plant died out yesterday afternoon, an official said. Pertamina's director for refinery G.J.

Church Services

Church Services * Catholic Church, University of Atmajaya, Jl. Jend. Sudirman: Saturday 5:30 p.m., Sunday, 9 a.m., 10:30 a.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.

Singapore ahead of the pack in APEC

Singapore ahead of the pack in APEC By Siti Rahil SINGAPORE (Kyodo): As one of the world's most open trading regimes, Singapore is a front-runner in pushing the Asia-Pacific Economic Cooperation (APEC) forum toward its goal of free trade, but this zeal has created slight friction with other...

PLN, foreign firms to form joint ventures

PLN, foreign firms to form joint ventures JAKARTA (JP): State-owned electricity company PT Perusahaan Listrik Negara (PLN) plans to form joint ventures with seven foreign companies to build several power plants, PT PLN's President Djiteng Marsudi said yesterday. "We are now negotiating with them.

'Formless organizations'

'Formless organizations' I am becoming increasingly irritated by your newspaper reports on clandestine activities by "communists" and "formless organizations." A classic example appears is the article in The Jakarta Post titled "Communists behind protests" on Thursday, Oct.

Manila's rice import plan

Manila's rice import plan MANILA (UPI): The Philippines plans to spend 12.5 billion pesos (US$483 million) to solve a major rice shortage that has caused inflation to soar to its highest level in four years.

New venture capital firm

New venture capital firm JAKARTA (JP): Minister of Finance Mar'ie Muhammad inaugurated yesterday PT Sarana Sulut Ventura, a venture capital company based in Manado, North Sulawesi. According to the company's director, A.N. Mokodompit, Sarana Sulut Ventura has a paid-up capital of Rp 3.

Telenovela series

Telenovela series From Tiras I am surprised to learn that the members of the House of Representatives (DPR) want to stop the airing of telenovela films on the private television stations. In fact, we like to watch the films -- most of them from Mandarin and Latin America, which contain morality,...

Indonesia imports rice from Taiwan

Indonesia imports rice from Taiwan Taipei (DPA): Indonesia has sent a freighter to Taiwan to pick up the 50,000 tons of rice it has bought from Taiwan to ease its rice shortage, it was disclosed Thursday. The Cambodian-registered Un Bong arrived in the Taichung Harbour on Sunday.

Indonesian consulate attacked

Indonesian consulate attacked JAYAPURA, Irian Jaya: Free Papua Movement rebels, who seek independence for Irian Jaya, attacked the Indonesian consulate in Vanimo, Papua New Guinea, yesterday, a press report said.

Three decades of Indonesia's economic growth (4)

Three decades of Indonesia's economic growth (4) This is the fourth of four articles on Indonesia's economic development by Yoshihara Kunio, an economics professor at Kyoto University. KYOTO, Japan (JP): The high-growth economic design described in part three would have been a daydream a decade...

Legal foundation 'not a political party': Buyung

Legal foundation 'not a political party': Buyung JAKARTA (JP): Outgoing chairman of the Indonesian Legal Aid Foundation (YLBHI) Adnan Buyung Nasution says the people should not expect too much from the foundation in promoting democracy in Indonesia because it is not a political organization.

Moeliono gets honorary degree

Moeliono gets honorary degree JAKARTA: Professor Anton M. Moeliono, one of Indonesia's linguists, will be conferred with an honorary Doctor of Letters by the University of Melbourne next week. In a statement made available to The Jakarta Post yesterday, the university said that Moeliono has played...

Singapore oil products mostly up with crudes

Singapore oil products mostly up with crudes SINGAPORE (Reuter): Most spot Singapore oil product prices were up with crudes yesterday. Continued shutdown of Indonesia's largest refinery at Cilacap provided additional support. Gas oil and jet fuel prices rose along with crudes.

Seibu department store opened

Seibu department store opened JAKARTA (JP): Department stores operating in Indonesia under franchises from foreign retail chains have been asked to cooperate with local manufacturers to prevent excessive imports of consumer goods.

Soeharto meets with scholars, other leaders

Soeharto meets with scholars, other leaders By Rikza Abdullah WASHINGTON (JP): President Soeharto held separate meetings with leaders of 16 U.S. think tanks, the managing director of the International Monetary Fund (IMF) and executives of the CARE Foundation here Thursday.

Four colleges receive grant

Four colleges receive grant JAKARTA (JP): Vice Governor on Economics and Development Tb. M. Rais handed over about Rp 1.4 billion (US$622,000) in grants to four state universities yesterday. The money will be used to finance scientific projects, including research and seminars.

Dance festival for teenagers

Dance festival for teenagers JAKARTA (JP): A two-day Dance Festival for Teenagers is slated to be staged on Oct. 30 and 31 at the Jakarta Playhouse to celebrate Youth Pledge Day on Oct. 28. The participants are the winners of previous dance contests held by the mayoralties, Adhiek Sri Mulyani,...

'Republika, 'Kompas' win

'Republika, 'Kompas' win JAKARTA (JP): The Jakarta-based Kompas and Republika morning dailies have been declared the best in covering the Istiqlal Festival II. The organizing committee announced on Thursday that Republika was awarded for the most articles on the festival, while Kompas was praised...

Thai Rajpracha misses key players

Thai Rajpracha misses key players JAKARTA (JP): Rajpracha of Thailand will resume its Asian Cup Winners Cup campaign in Gresik, East Java, today without key players who are on international duty. But Rajpracha team manager Supridee Pravitra shrugged off the absence of Rungphet Charoevong, Saman...

Donor bodies to meet in Manila

Donor bodies to meet in Manila MANILA (AFP): The Asian Development Bank (ADB) and the Philippines' Credit Information Bureau Inc. will jointly host the third annual conference of the ASEAN Forum of Credit Rating Agencies here in December, the Manila-based bank said yesterday.

PSSI pursuing Kurniawan for its SEA Games team

PSSI pursuing Kurniawan for its SEA Games team JAKARTA (JP): Top striker Kurniawan Dwi Yulianto is being pursued by the All-Indonesia Soccer Federation (PSSI) for its Southeast Asian Games-bound soccer team.

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, Monday and Wednesday from 7 p.m. to 11 p.m.; Los Morenitos, Tuesday, Thursday and Sunday from 7 p.m. to 11 p.m. Los Paraguas, Friday and Saturday from 7:15 p.m.

Rubber prices firm in S'pore, Kuala Lumpur

Rubber prices firm in S'pore, Kuala Lumpur SINGAPORE (Reuter): Singapore rubber futures maintained early gains by the finish yesterday, encouraged by continued advance in Tokyo and firm regional cash prices, traders said.

Thatcher expected here

Thatcher expected here JAKARTA (JP): Former British Prime Minister Margareth Thatcher will speak on Asia and world affairs at the Citibank's Asian Leadership Series meeting here next month. The annual meeting which started in 1992 has presented well- known speakers such as former U.S.

Yeh leaves rivals at Royal Perak Classic

Yeh leaves rivals at Royal Perak Classic IPOH, Malaysia (AFP): Taiwan's Yeh Chang-ming hit a superb bogey-free 64 to open up a four stroke lead after the second round of the Asian PGA Tour Royal Perak Classic here yesterday.

TV today

TV today TVRI 2:35 p.m. TV Series: Teenage Mutant Ninja 3:05 Sports 5:00 Regional News 5:30 Science Film 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Music: Pop Daerah 7:00 Evening News 7:30 Fashions 8:05 Film series 9:00 World News 9:30 Music: Pesona Nada 10:30 Film:Demonstone...

Tripatra wins international consultancy tender

Tripatra wins international consultancy tender JAKARTA (JP): PT Tripatra Engineering, an Indonesian consulting company, has won a project management consultancy tender for a US$600 million project for the installation of 824 kilometers of gas pipelines in Sumatra, the company's president Pandri...

Authorities set deadline for warehouse relocation

Authorities set deadline for warehouse relocation JAKARTA (JP): The city authorities have given businesses until the end of November to relocate their warehouses from the downtown Kota area, after nearly eleven years of frustration and resistance.

SOGO's 1995 sale

SOGO's 1995 sale We at Sogo were surprised to read Mrs. Adwani's letter in The Jakarta Post on Oct. 19, 1995. The letter said that our advertisement on RCTI for our Big Sale started off by mentioning "SALE 94".