Archive: 31 October 1995
44 articles found
Tue, 31 Oct 1995, 00:00 WIB
Nikon's 2nd plant in Asia
Nikon's 2nd plant in Asia TOKYO (Reuter): Nikon Corp plans to build its second offshore camera plant in Asia and to raise its overseas production ratio for cameras to 75 percent in the year to March 31, 1999 from an estimated 30 percent ratio in 1995/96. A Nikon spokesman said the company is considering China, Indonesia, and Vietnam as possible sites for the new plant. It has yet to decide how much to spend on the new plant, or when it will begin operating, he added.
Tue, 31 Oct 1995, 00:00 WIB
Indonesia needs fair competition law: Tunky
Indonesia needs fair competition law: Tunky JAKARTA (JP): Indonesia badly needs a fair competition law to improve the country's efficiency, Minister of Industry Tunky Ariwibowo said yesterday. "To ensure high efficiency, our country clearly needs a law on fair competition," Tunky said in a keynote address at a seminar on economic law reform organized by the Inter-Pacific Bar Association.
Tue, 31 Oct 1995, 00:00 WIB
Taiwanese-Thai rubber plant
Taiwanese-Thai rubber plant TAIPEI (DPA): Taiwan Synthetic Rubber Corp. (TSRC) will invest in an 80-million-dollar joint venture in Thailand to make polybutadiene rubber (BR). BR is used to make car tyres, plastic modifier and other industrial products. Thai Petro-chemical Industry (TPI) will hold a 51 percent stake in the plant in Rayong, a coastal town about three hours' drive south of Bangkok, a TSRC official said Monday. TSRC will hold a 12 percent stake.
Tue, 31 Oct 1995, 00:00 WIB
Striptease
Striptease I believe PT Caltex Pacific Indonesia feels cheated by the Bandung singers' entertainment on Oct. 7, 1995 in the commemoration of the company's one billionth barrel of oil produced in the Duri area. The entertainment also included several entertainers from Pekanbaru. The stage was in the Pokok Jengkol soccer yard and attracted visitors from all walks of life.
Tue, 31 Oct 1995, 00:00 WIB
Musical Metrominis
Musical Metrominis From Media Indonesia The Metrominis' commuters from Senen terminal to Tanjung Priok are often asked to move to another bus when they are only half- way through their journey. This is done by the driver when passengers are scarce between 10 a.m. and 4 p.m. I am not surprised at this particular behavior of the bus crew as I have often experienced such cases. But those who experience this for the first time will scold the driver and his conductor.
Tue, 31 Oct 1995, 00:00 WIB
Franchising helps small business
Franchising helps small business By Amir Karamoy JAKARTA (JP): In the small business development plan act, which is being discussed by the Indonesian legislative council, franchising is included in the list of partnership (kemitraan) schemes. Through this scheme, it is expected that big companies will recruit and develop small businessmen as their franchisees. Franchising is believed to be a strategic method for developing small businesses.
Tue, 31 Oct 1995, 00:00 WIB
Sabang has new regent
Sabang has new regent SABANG, Aceh: Aceh Governor Syamsudin Machmud installed Bustari Mansyur as Sabang's new regent replacing Sulaiman Ibrahim yesterday. Bustari, an Army colonel, defeated contenders Abdullah Achmad and Suradji Yunus in a recent election, Antara reported. Syamsudin asked Bustari to allow people to take a more active role in development activities.
Tue, 31 Oct 1995, 00:00 WIB
Unwanted guest
Unwanted guest From Bisnis Indonesia On Oct. 25, 1995, at about 12:30 p.m. a mute woman came to our office unexpectedly. She had short hair and a freckle on her face, looked smart and carried a handbag. She had a letter bearing her name: Yantis. The letter said that the woman needed money for bus fare to Surabaya, East Java. She also had a piece of paper that was signed by a district head (which district was not clear) certifying that the woman needed Rp 20,000 for her journey to Surabaya.
Tue, 31 Oct 1995, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 30, 1995: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,425 0 0 AHAP Insurance 3,250 0 0 Alumindo Perkasa 1,150 0 0 Andayani Megah 2,000 25 182,000 Aneka Kimia Raya 6,400 -100 1,000 Anwar Sierad 1,025 -25 234,500 Aqua Golden Mississippi 2,400 0 0 Argha Karya Prima Industry 1,875 0 28,000 Argo Pantes 2,075 0 0 Asiana IMI Indusrties 1,200 0 0 Aster Dharma...
Tue, 31 Oct 1995, 00:00 WIB
Five years jail sought for two police killers
Five years jail sought for two police killers JAKARTA (JP): The prosecutor in the trial of two men charged with involvement in the March attack on two policemen in South Jakarta in which one policeman was killed has asked the court to sentence the accused to five years imprisonment each. Usman told the South Jakarta District Court yesterday that Amirsan Liskaloho and Zulkifli Nahumaruri attacked two policemen in the Blok M area on March 6, resulting in the death of one of the policemen.
Tue, 31 Oct 1995, 00:00 WIB
Semen Gresik enters franchising business
Semen Gresik enters franchising business JAKARTA (JP): Publicly-listed PT Semen Gresik will enter a cement "franchising" business with PT Semen Bintang Mandiri which will build a cement plant in Tuban, East Java. The new president of the state-controlled Semen Gresik, Urip Timuryono, announced after attending the company's extraordinary shareholder meeting yesterday that Bintang will invest in the cement plant with an annual production capacity of 600,000 tons.
Tue, 31 Oct 1995, 00:00 WIB
Squatters to receive compensation
Squatters to receive compensation JAKARTA (JP): The mayoralty has agreed to pay compensation, ranging from Rp 300,000 to Rp 500,000, to squatters evicted from the riverbank in Pejambon, Central Jakarta. Mayor Abdul Kahfi said yesterday that the compensation would be paid soon after the families accept the amount offered. He said the amount of compensation would not be raised. "The squatters have to accept the amount of money or they get nothing," he added.
Tue, 31 Oct 1995, 00:00 WIB
Pertamina sells extra crude from Cilacap
Pertamina sells extra crude from Cilacap SINGAPORE (Reuter): Marketing affiliates of Indonesia's state oil firm Pertamina have sold Cilacap refinery's surplus crude oil, trade sources said. Cilacap has been shut since last Tuesday after fire damaged some storage tanks. Some sources said most allocations by Pertamina to the affiliates had found buyers for prompt loading, and at respectable premiums considering the nature of the sales.
Tue, 31 Oct 1995, 00:00 WIB
SKEPHI needs information
SKEPHI needs information SKEPHI Support Office Europe is an official subsidiary of Network for Forest Conservation in Indonesia (SKEPHI) in Europe. Besides being assigned to international campaigning to preserve forests in Indonesia, the office also conducts and prepares studies and strategic papers, the results of which are to be made available to relevant and interested non-governmental as well as governmental institutions.
Tue, 31 Oct 1995, 00:00 WIB
Why are we confused?
Why are we confused? Many public figures have been complaining recently that Indonesians are becoming confused about government policies and actions. This is a strange thing to happen to a people known for their modesty, understanding and submissiveness. Our culture teaches us to be good citizens and to respect authority.
Tue, 31 Oct 1995, 00:00 WIB
ICI's plant in Bontang
ICI's plant in Bontang MELBOURNE (Reuter): ICI Australia Ltd plans an A$100 million plant in Indonesia and is considering large investments in Australia, managing director Warren Haynes said. He said the company was capable of spending A$250 million a year without lifting gearing above its 30 percent limit. ICI, 62.4 percent owned by Imperial Chemical Industries Plc, had gearing, or net debt to shareholders funds plus net debt, of 5.6 percent at Sept.30.
Tue, 31 Oct 1995, 00:00 WIB
Boram-Risjad finance firm
Boram-Risjad finance firm JAKARTA (JP): PT Bank Risjad Salim Internasional and Boram Bank of Korea established yesterday PT Boram Risjad Finance, a joint-venture, multi-finance company. Boram Risjad was established with an authorized capital of Rp 30 billion (US$13,157), of which Rp 15 billion was paid up. Boram Bank, which has a 70 percent stake in Boram Risjad, is one of Korea's major banks with total assets of US$18.5 billion as of June.
Tue, 31 Oct 1995, 00:00 WIB
Volta struggles in ASEAN match
Volta struggles in ASEAN match JAKARTA (JP): Defending champion Volta Manado has a rough road ahead, with the throne of the 17th ASEAN Cup open team bridge tournament in Manila, the Philippines, is still six sessions away. As of Sunday, Volta was still straggling in fifth position in Group A, with 79 Victory Points. The 12-time champion had earlier been ranked fourth, with 118 VP. But its 25-3 conquest of Hong Kong and its 16-14 win over Thailand's PTT Youth were excluded.
Tue, 31 Oct 1995, 00:00 WIB
Assistance for Kerinci continues
Assistance for Kerinci continues JAKARTA: With the distribution of food supplies stopped, the government will continue sending medicines, clothing, building materials and money to victims of the recent quake in Jambi. The Ministry of Social Services' Director General of Social Aid Sjafei Andjasmaja said yesterday that the food supply has been stopped mainly because the harvest season in the stricken areas has arrived.
Tue, 31 Oct 1995, 00:00 WIB
In-form Cejka heads for Dunhill Masters
In-form Cejka heads for Dunhill Masters JAKARTA (JP): Fresh from the biggest win of his career, rising German star Alexander Cejka is setting his sights on a second successive victory in Thursday's Alfred Dunhill Masters at the Emaralda Golf Course near here. The Czech-born 24-year-old underlined his standing as one of golf's brightest prospects with a stunning triumph at the PGA European Tour's season finisher Volvo Masters which ended on Sunday.
Tue, 31 Oct 1995, 00:00 WIB
Court supports govt's blessing of Freeport
Court supports govt's blessing of Freeport JAKARTA (JP): A court yesterday rejected a lawsuit filed by a leading environmentalist group against the government for blessing the environmental conservation programs of PT Freeport Indonesia in Irian Jaya. The Jakarta State Administrative Court upheld the decree of the Ministry of Mining and Energy, issued in February, which approved the US$ 36 million programs of the giant American copper mining company in preserving the areas on which it operates.
Tue, 31 Oct 1995, 00:00 WIB
Large coal terminal to be built in S. Kalimantan
Large coal terminal to be built in S. Kalimantan JAKARTA (JP): PT Indonesia Bulk Terminal (IBT) signed here yesterday agreements for US$80 million in secured loans from National Australia Bank Ltd. and Banque National de Paris for financing a 10 million-ton capacity coal terminal at Pulau Laut, South Kalimantan, and the construction of the terminal.
Tue, 31 Oct 1995, 00:00 WIB
100 police to protect rape trial
100 police to protect rape trial JAKARTA (JP): At least 100 anti-riot police will stand guard at the trial of men accused of gang rape and robbery in the town of Bekasi, 30 km south of here, shortly. The Bekasi Prosecutor's Office said yesterday that since the rape of Acan's wife and two daughters in an isolated village of the regency in July had caused serious outrage, with members of the community attacking the suspects' lawyers, the court case needs serious security measures.
Tue, 31 Oct 1995, 00:00 WIB
Jakarta needs more buses
Jakarta needs more buses JAKARTA (JP): Jakarta still needs more non-Patas buses, a House member insists. Ali Marwan Hanan, from Commission V for communications, transportation, public works, tourism and public housing, said yesterday that there are less non-Patas buses than Patas buses. Patas stands for cepat (express) and terbatas (with limited seats). Speaking while leading a team of House members visiting City Hall yesterday, Ali said that many people could not afford Patas buses.
Tue, 31 Oct 1995, 00:00 WIB
RI best shuttlers return to GP races
RI best shuttlers return to GP races JAKARTA (JP): Indonesia's best shuttlers return to the courts this week as the world badminton season comes to an end. There are three grand prix tournaments remaining, starting with the Hong Kong Open tomorrow, before the world's best players gather in Singapore for the Grand Prix finals at the end of November. World champion Hariyanto Arbi will lead a 16-strong team to the Hong Kong Open after a two month lay-off.
Tue, 31 Oct 1995, 00:00 WIB
Finance officials must be diligent
Finance officials must be diligent JAKARTA (JP): Minister of Finance Mar'ie Muhammad urged his office staff yesterday to be more focused on the public interest and to guard against waste and inefficiency. "The public interest should have our greatest attention and be our main concern," Mar'ie said during a speech delivered at a ceremony commemorating Indonesia's 49th Monetary Day.
Tue, 31 Oct 1995, 00:00 WIB
Australia, RI sign anti-AIDS project
Australia, RI sign anti-AIDS project JAKARTA (JP): Indonesia and Australia signed a memorandum of understanding yesterday in relation to a A$20.2 million (US$15.3 million) AIDS-prevention and care project. The memorandum, which also covers other sexually-transmitted diseases, was signed by Australian Ambassador Allan Taylor and Coordinating Minister for People's Welfare Azwar Anas in Jakarta.
Tue, 31 Oct 1995, 00:00 WIB
Police investigate shootings at bank and five-star hotel
Police investigate shootings at bank and five-star hotel JAKARTA (JP): City police are probing the mysterious shooting of a five-star hotel and a bank headquarters in Central Jakarta on Sunday. "We're still collecting as much evidence and information as we can," City Police Chief Maj. Gen. Dibyo Widodo said yesterday. Reliable sources said that the bullets were of a long-barrel riffle. The 30-floor hotel located on Jl. Karet Pasar Baru Timur was shot at around 6 a.m. Sunday.
Tue, 31 Oct 1995, 00:00 WIB
Interest rates likely to drop by 1% next year
Interest rates likely to drop by 1% next year JAKARTA (JP): Bank deposit interest rates are likely to drop by one percentage point next year due to a favorable business climate which will lead to positive cash-flows, a banker predicts. Deposit interest rates currently range between 15 and 16 percent. Winarto said massive business expansion might need to be curtailed to prevent the economy from overheating and that trend would reduce demand for credit.
Tue, 31 Oct 1995, 00:00 WIB
Sarwono warns against collusion in green drive
Sarwono warns against collusion in green drive JAKARTA (JP): State Minister of Environment Sarwono Kusumaatmadja senses a rat in the green campaign: Collusion between government officials and technological consultants. The alleged collusion has caused scores of factories in Central Java and Yogyakarta to choose the wrong waste water treatment technologies, he said yesterday.
Tue, 31 Oct 1995, 00:00 WIB
Former Garuda chief agrees with Ridwan
Former Garuda chief agrees with Ridwan JAKARTA (JP): Wage Mulyono, former president of the national flag carrier Garuda Indonesia, says the refusal by Merpati Nusantara Airlines president Ridwan Fataruddin to lease 16 CN-235 aircraft was a managerially professional and correct decision. Mulyono, who was Garuda president until January this year, told the Sinar newsweekly that Merpati has the right to choose the type of aircraft it wants to operate on the basis of commercial viability.
Tue, 31 Oct 1995, 00:00 WIB
E. Timor religious forum told to avoid politics
E. Timor religious forum told to avoid politics JAKARTA (JP): An East Timorese councilor has called on religious leaders grouped in the newly established forum for inter-religious consultation in the province to stay away from politics. Samuel Alex Petruz, deputy chair of the East Timor provincial legislative council, said in Dili yesterday that the forum, established last week by the government to curb racial and religious tension, should not be "saddled by political problems".
Tue, 31 Oct 1995, 00:00 WIB
Two players dropped from national water polo team
Two players dropped from national water polo team JAKARTA (JP): Indonesia has dropped two regular players from its water polo team for December's Southeast Asian Games in Chiang Mai, Thailand. Sugandhi and Ekram Ali were sidelined following their final try out in the Asian Championship in Bangkok two weeks ago. National coach Raja Nasution said yesterday that Sugandhi would not join the team due a fractured hand. Ekram failed to pass the fitness test.
Tue, 31 Oct 1995, 00:00 WIB
Subsidizing public transportation
Subsidizing public transportation From Media Indonesia The increase of transportation fares and the proposal that the government should subsidize public transportation are still on the news. As far as subsidizing is concerned, we have to consider the following things: 1. In many developed countries, including those which have high income per capita like Singapore and Germany, the government subsidizes public transportation.
Tue, 31 Oct 1995, 00:00 WIB
Kanematsu starts fourth RI well
Kanematsu starts fourth RI well TOKYO (Reuter): Japanese trading house Kanematsu Corp has started drilling at its fourth wildcat well in Indonesia, a company spokesman said. "We hope to have enough oil samples from the 11,000 square kilometer Berau block to analyze by the year-end," he said. Kanematsu, Japan National Oil Corp (JNOC) and the Overseas Petroleum Corp together bought a 30 percent concession in the block from Atlantic Richfield Co in May.
Tue, 31 Oct 1995, 00:00 WIB
Wahono scolds officials
Wahono scolds officials JAKARTA (JP): Speaker of the House of Representatives Wahono expressed concern yesterday over what he sees as inconsistencies between what some government officials say and do. He warned that the national discipline drive will never be a success as long as officials fail to set good examples in the paternalistic Indonesian society.
Tue, 31 Oct 1995, 00:00 WIB
Concerns over national unity
Concerns over national unity Another new organization has emerged, this time under the name Persatuan Nasional Indonesia (Indonesian National Unity). Although it does not want to be known by its initials, PNI, the new organization is backed by prominent personalities of the old PNI (Partai Nasional Indonesia, or Indonesian Nationalist Party).
Tue, 31 Oct 1995, 00:00 WIB
Lack of political channels lead to student protests
Lack of political channels lead to student protests SEMARANG, Central Java (JP): Political scientists blame the growth in student protests on a lack of political channels. Ariel Heryanto of the Satya Wacana Christian University said yesterday that the emergence of student forums, and protests to show solidarity with society's weak, is positive. "It's proof of public concern over realities that they find unacceptable," he told The Jakarta Post.
Tue, 31 Oct 1995, 00:00 WIB
Hexindo signs US$45m maintenance deal
Hexindo signs US$45m maintenance deal JAKARTA (JP): Publicly listed PT Hexindo Adiperkasa renewed yesterday a five-year contract with PT Kaltim Prima Coal (KPC) worth US$45 million for the maintenance of mining equipment at Prima's coal mine in East Kalimantan. "This is the second contract with KPC for the total maintenance of 17 excavators," Hexindo's president Rustam Effendi told reporters after the signing ceremony.
Tue, 31 Oct 1995, 00:00 WIB
Traders upbeat on Thai, Sumatran rubber prices
Traders upbeat on Thai, Sumatran rubber prices SINGAPORE (Reuter): Southeast Asian traders said Thai and Indonesian rubber prices appeared firm on an upward track and may climb higher this week on supply worries, although Malaysian prices could dip slightly on a technical correction. Thai traders said raw material supply was improving as recent heavy rains began to peter out, but exporters scrambling to fill orders and local processors were competing for supplies.
Tue, 31 Oct 1995, 00:00 WIB
Five die in road accidents
Five die in road accidents PURWOKERTO, Central Java: Five people died and 11 were hospitalized in two traffic accidents here over the weekend. The first accident took place in Karanglawas district. Sugeng Pamuji and Salim Hidayat, both high school students, were killed when the motorcycle they were riding on was hit by a bus. The second accident was a collision between a minibus and a pickup truck on Margasana road in Jatilawang, Banyumas regency.
Tue, 31 Oct 1995, 00:00 WIB
Developers upbeat about high demand
Developers upbeat about high demand JAKARTA (JP): Developers remain optimistic about high level demand in the property market due to high economic growth and investment commitments, Craig Williams, Senior Technical Advisor to PT Procon Indah, said.
Tue, 31 Oct 1995, 00:00 WIB
Blindness not dead end for Eka Setyawan
Blindness not dead end for Eka Setyawan By Primastuti Handayani JAKARTA (JP): Being blind represent a dead end for many people, but it hasn't discouraged one student of the Teachers Training Institute in Jakarta. Eka Setyawan, a 24-year-old student of the institute's special program for the physically handicapped, has been blind since the age of eight months. "I was so shocked when the doctor told me that there was nothing he could do to save his eyes," said Eka's mother, Mariani.
Tue, 31 Oct 1995, 00:00 WIB
Leeson faces English system, minus jury in S'pore
Leeson faces English system, minus jury in S'pore By Jerry Norton SINGAPORE (Reuter): Singapore's justice system, whose judgment Briton Nick Leeson now says he will accept, is based largely on an English model, but without a jury system. And, it has prisons which have been called "spartan but humane". Leeson, the 28-year-old trader blamed for the collapse of Barings Bank, battled extradition to Singapore from Germany for months, saying he would prefer to be tried in Britain.