Indonesian Political, Business & Finance News

Archive: 3 October 1995

40 articles found

Unity in diversity

Unity in diversity The significance of Oct. 1 Pancasila Sanctity Day for Indonesian people is clear. It is the struggle of the Indonesian people to rescue the country from the misleading role of the Old Order and to put it back on the right track, in line with the state ideology, Pancasila.

Teachers appreciated

Teachers appreciated JAKARTA (JP): Chairwoman of the Jakarta Family Welfare Guidance Organization Mrs. Surjadi Soedirdja says that teachers willing to work in the Seribu Islands deserve high appreciation.

Tycoons pledge to help reduce poverty

Tycoons pledge to help reduce poverty JAKARTA (JP): Conglomerate owners, represented by Liem Sioe Liong, Bambang Trihatmodjo and Sudwikatmono, signed an agreement with the government yesterday to help reduce poverty under the Prosperous Family Savings Program.

The House passes Capital Market Bill

The House passes Capital Market Bill On Monday (Oct. 2, 1995) the House of Representatives passed the Capital Market Bill. Once it is enacted into law by the president, it will replace the 1952 Bourse Law which does not provide enough protection for investors in Indonesia's fast growing capital...

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.

'Indonesian language good for scientific purposes'

'Indonesian language good for scientific purposes' JAKARTA (JP): As the country prepares to mark the 67th anniversary of Bahasa Indonesia as the national language, poets and experts yesterday exalted it as a supple medium that is both esthetically and scientifically malleable.

Jakarta, W. Java agree to settle rift over taxis

Jakarta, W. Java agree to settle rift over taxis JAKARTA (JP): The Jakarta and the West Java administrations have agreed to work together to settle the recent controversy over the operation of taxis in Greater Jakarta.

TV today

TV today TVRI 2:35 p.m. TV Series: Hassai Sensei 3:05 Children's Program 3:30 TV Series: Singen 4:30 Science Program 5:00 Regional News 5:30 English Lessons 6:05 Nusantara the Beloved Country 6:15 Village Program 6:30 Economy in Briefs 7:00 Evening News 7:30 Gema Pancasila 8:05 TV Traditional Drama...

Roads in Depok housing complex

Roads in Depok housing complex In Depok, an administrative town bordering the region of Bogor, traffic gridlocks have become the order of the day, especially in front of the bus terminal across from the exclusive housing complex Pesona Depok during peak hours.

Aversion to govt policies sparked E. Timor rioting

Aversion to govt policies sparked E. Timor rioting JAKARTA (JP): The National Commission on Human Rights has attributed last month's religious and ethnic rioting in East Timor to the many unresolved political and social problems of the territory.

Government's plan to liberalize fuel trade welcomed

Government's plan to liberalize fuel trade welcomed JAKARTA (JP): The Indonesian Petroleum Association (IPA) yesterday welcomed the government's plan to allow privately-owned oil refiners to sell their products domestically, thereby breaking the monopoly of the state oil firm Pertamina.

Cold War haunts UN hopes

Cold War haunts UN hopes The following is an excerpt from a statement made by Indonesian Foreign Minister Ali Alatas at the commemorative meeting of the Security Council on the occasion of the 50th anniversary of the United Nations on Sept. 26, 1995.

Tribal people misunderstood

Tribal people misunderstood AMBON, Maluku: Most government officials and the public have little knowledge about isolated tribes in Indonesia, an official said here yesterday. This has resulted in the misunderstanding of tribes living subsistent lives in secluded regions, said Budi Santoso, an aide...

Chinese shooters set to show supremacy

Chinese shooters set to show supremacy JAKARTA (JP): Chinese athletes are pouring into Jakarta for the second occasion in less than two weeks, to reconfirm their supremacy in Asian sports. With the Asian Track and Field Championships already in its total control, China is redeploying its strong...

Stock market bill passed into law

Stock market bill passed into law JAKARTA (JP): The House of Representatives gave its approval yesterday to the long-awaited stock exchange bill, which will provide increased protection for investors. At yesterday's plenary session, the four factions of the House -- the Armed Forces, the ruling...

Police to introduce new driving licenses

Police to introduce new driving licenses JAKARTA (JP): New driving licenses are being issued this month for Jakarta and the surrounding areas of Tangerang, Bekasi and Depok, police said yesterday. "The new driving licenses will be issued in stages for Jakarta and surrounding areas starting this...

Special team established to solve traffic problems

Special team established to solve traffic problems JAKARTA (JP): To solve traffic problems in Jakarta, a special team is being formed whose members will be from the National Police, the Ministry of Transportation, the Ministry of Public Works and transportation experts, police said yesterday.

Jakarta Stock Exchange among the most dynamic in Asia

Jakarta Stock Exchange among the most dynamic in Asia On April 16, 1992, the Capital Market Supervisory Agency (Bapepam) transferred the operation of all activities pertaining to the management of the Stock Exchange, as well as files and documents, furniture and fixtures, to PT Bursa Efek Jakarta...

Indonesia keen to produce woman chess Grand Master

Indonesia keen to produce woman chess Grand Master JAKARTA (JP): Upi Darmayana Tamin will undergo a six-month intensive training stint as Indonesia tries to produce its first female grand master. "Upi has been selected because she is ready to dedicate her life to chess and because her company fully...

Fluor Daniel to establish firm here

Fluor Daniel to establish firm here JAKARTA (JP): The Investment Coordinating Board has approved an application by Fluor Daniel of the United States to establish a wholly-owned subsidiary in Indonesia. The new company, called PT Fluor Daniel Indonesia, will start operating as soon as it has...

Supervision of foreign researchers poor

Supervision of foreign researchers poor JAKARTA (JP): The Indonesian Institute of Sciences (LIPI) conceded yesterday that supervision of foreign scientists doing research in Indonesia is still poor. The poor supervision that has given rise to the misuse of research permits issued by the government...

A five-day work week

A five-day work week The trial period for the five-day work week for civil servants is over. Through Presidential Decision No. 68/1995, the government has made the five-day week, for government offices, official.

Businessman to be tried for keeping protected animals

Businessman to be tried for keeping protected animals JAKARTA (JP): A businessman will soon be tried for keeping 40 protected animals at his Puncak weekend resort villa in West Java. The Forest Protection and Nature Conservation Agency director general, Soemarsono, said here yesterday that the...

Choice plans to open two hotels this year

Choice plans to open two hotels this year JAKARTA (JP): The U.S.-based hotel chain, Choice Hotels International, will open a hotel here and one in Yogyakarta later this year as part of its expansion program in Indonesia. I.D.

No change in sight

No change in sight Public debate about the role of the military in the realpolitik of this country used to emerge only before general elections or around the time of Armed Forces Day. Now it is becoming more frequent.

National rider dies tragically

National rider dies tragically JAKARTA (JP): Andy Junaidi, a national rider being groomed for the upcoming 18th Southeast Asian Games, died on Sunday after falling at a show jumping practice session at the Artayasa track in Cinere, South Jakarta.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 2, 1995: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 2,250 0 0 AHAP Insurance 3,250 0 0 Alumindo Perkasa 1,150 0 0 Andayani Megah 1,925 0 376,000 Aneka...

Dealing with the communist legacy

Dealing with the communist legacy The fear of communism has resurfaced in Indonesia, as reflected in recent remarks made by a number of top government officials. Among them was Armed Forces Commander Gen.

Women, children mutilated

Women, children mutilated JAKARTA (JP): A woman and her three children were found dead yesterday at their home in Ciracas, East Jakarta, in what police described as one of the most sadistic crimes ever committed here.

JATS, a quantum leap for Jakarta Stock Exchange

JATS, a quantum leap for Jakarta Stock Exchange With the operation of the Jakarta Automated Trading System (JATS), a quantum leap in handling transactions has been taken. Inaugurated yesterday by President Soeharto, JATS has actually been operable since last May 22, marking a new era of scriptless...

Boonchu goes to top of Asian PGA

Boonchu goes to top of Asian PGA HONG KONG (AFP): Boonchu Ruangkit's victory in the Langkawi Open at the weekend boosted him to the top of the Asian PGA Tour Order of Merit. The 39-year-old Thai has now won US$76,594 and goes ahead of Taiwan's Lin Keng-chi, who was joint 23rd in the Malaysian event.

Photography exhibition

Photography exhibition JAKARTA (JP): Galeri Foto Jurnalistik Antara, in cooperation with the Goethe Institut, will hold the third installment in a German Contemporary Photography series. The installment, on display from Oct. 6 to 15, will feature Wilmar Konig's Die Wiege (Direction).

Billboards in Bandung

Billboards in Bandung The number of billboards in Bandung is growing at an alarming rate. When will it stop? It is unlikely because billboards are one of the resources for regional development funding. Should we spoil the city by selling the scenery to the big companies which contribute to the...

E. Timor gets low cost houses

E. Timor gets low cost houses SURABAYA, East Java: The state-owned housing company (Perumnas) will build 200 low cost houses in East Timor this year to help fill the glut of applications in Indonesia's youngest province.

Officials probed for shoddy work

Officials probed for shoddy work DENPASAR, Bali: The Ministry of Justice's Inspector General's office is currently investigating three local officials and a private contractor company for possible discrepancies in the construction of the local administrative court building.

Foreign investment key for APEC's developing nations

Foreign investment key for APEC's developing nations BANGKOK (AFP): APEC government officials and business leaders met here yesterday to grapple with the issue of foreign investment and its role in fueling the developing economies of the region.

Catherine set for int'l comeback

Catherine set for int'l comeback JAKARTA (JP): Catherine Surya, set to make an international comeback at the 18th Southeast Asian Games in December, surpassed two time limits during a national selection here on Sunday.

Message from German Ambassador Heinrich Seemann

Message from German Ambassador Heinrich Seemann In this year, Indonesia and Germany have something special to celebrate -- our Indonesian friends have the 50th anniversary of their independence, and the Germans have the fifth anniversary of their reunification.

Sulawesi species going extinct

Sulawesi species going extinct KENDARI, Southeast Sulawesi (JP): Dozens of flora and fauna species have gone extinct and many more are vanishing in Sulawesi due to human encroachment, researchers have found.

Iodized salt from C. Java

Iodized salt from C. Java SEMARANG, Central Java: The province hopes to export some 60,000 tons of iodized salt, which is vital to children's intelligence growth and the prevention of goiter, to other provinces this year.