Indonesian Political, Business & Finance News

Archive: 10 November 1995

46 articles found

Govt defends ban on visits to East Timor

Govt defends ban on visits to East Timor JAKARTA (JP): The Ministry of Foreign Affairs yesterday defended the government's decision to prevent a number of "foreign dignitaries" from flying to Dili in East Timor.

PPD employees to be rehabilitated

PPD employees to be rehabilitated JAKARTA (JP): Six employees at the state-owned public transportation firm PPD will receive back pay dating to October 1991. The Jakarta Legal Aid Institute (LBH) said in a statement yesterday that Paiman, Tarmid Suharto, Usman, Suryadi, Mardjan Gunadi and Sukirman...

RI backs dialog on biodiversity, wants consensus

RI backs dialog on biodiversity, wants consensus JAKARTA (JP): Indonesia, host to an ongoing international biodiversity discussion, is happy with the progress achieved in the talks, including that in relation with the contentious rules on genetic engineering.

Three awarded title of National Hero

Three awarded title of National Hero JAKARTA (JP): President Soeharto conferred the title of National Hero on three men yesterday: Nuku Muhammad Amiruddin Kaicil Paparangan, Tuanku Tambusai and Syekh Yusuf Tajul Khalwati.

Army mobilizes 15,000 people in city discipline drive

Army mobilizes 15,000 people in city discipline drive JAKARTA (JP): The City Military Command will mobilize 15,000 youth organization members to enforce discipline in the city, the commander said yesterday. The 15,000 volunteers will gather tomorrow at the park east of Senayan stadium, Maj. Gen.

ASEAN may press APEC on Hanoi entry, free trade

ASEAN may press APEC on Hanoi entry, free trade By Ajoy Sen SINGAPORE (Reuter): ASEAN countries are likely to press the Asia-Pacific Economic Cooperation (APEC) group to admit Vietnam, liberalize trade and improve infrastructure in southeast Asia at the APEC summit this month, economists say.

Bhakti Karya eyes Bhuwanatala shares

Bhakti Karya eyes Bhuwanatala shares JAKARTA (JP): PT Bhakti Karya Indah Permai plans to acquire 10.75 percent of PT Bhuwanatala Indah Permai's shares, a move which will turn it as the majority shareholder in the property company.

Passport application

Passport application From Kompas When I applied for a passport at the immigration office in Bandung, I was asked to present a certificate of Indonesian citizenship along with my identity card, birth certificate and family card.

Asita revises 'Plan Save 5' program

Asita revises 'Plan Save 5' program JAKARTA (JP): Indonesia's travel industry has decided to try out a revised savings scheme designed to facilitate business and stabilize international air fares. Members of the Association of Indonesian Tour and Travel Agencies (Asita) agreed at the conclusion of...

German machine producers look for local distributors

German machine producers look for local distributors JAKARTA (JP): German machine manufacturers, currently taking part in the five-day trade exhibition at the Jakarta Fairground in Kemayoran here, are looking for Indonesian partners to help market their products.

Students protest housing project

Students protest housing project JAKARTA (JP): Fifty students from various universities in Malang, East Java, went to the House of Representatives yesterday to protest the conversion of an agricultural school campus into a real estate area.

Bimantara Citra performs well, increase profit

Bimantara Citra performs well, increase profit JAKARTA (JP): Publicly-listed PT Bimantara Citra has reported an 80 percent increase in its net consolidated profit for the first nine months of this year, to Rp 80.99 billion (US$35.4 million) from Rp 45.05 billion in the corresponding period of 1994.

BTN to issue $152.9m five-year bonds

BTN to issue $152.9m five-year bonds JAKARTA (JP): State-owned Bank Tabungan Negara (BTN) will issue five-year bonds next month to raise up to Rp 350 billion (US$152.9 million) from the public to help finance its housing loans, the bank's president said yesterday.

Astra International posts $118.4 million profit

Astra International posts $118.4 million profit JAKARTA (JP): PT Astra International booked a 45 percent increase in its net consolidated profit to Rp 271 billion (US$118.4 million) in the last nine months of this year, the company said in a statement yesterday.

Heroes are hard-working, honest, 'clean' role models

Heroes are hard-working, honest, 'clean' role models Today, Indonesia commemorates National Heroes Day. November 10 marks the climax of the battle of Surabaya, Pertempuran 10 November l945, in the fight against the Allied troops, who were trying to re-establish Dutch colonial rule in the...

Kembangan demolitions protested

Kembangan demolitions protested JAKARTA (JP): Residents of Kembangan, West Jakarta, complained to the Human Rights Commission yesterday over what they say was the arbitrary demolition of their homes by the city administration.

A question of morals

A question of morals From Sinar I hail the Takesra (Family Welfare Savings) program that was dedicated by President Soeharto on Oct. 2, 1995. All Indonesian citizens should give their support to the program, bearing in mind that a nation's resilience can be judged by how big its national savings...

Philippines elected to host AdAsia '97

Philippines elected to host AdAsia '97 NUSA DUA, Bali (JP): The 19th Asian Advertising Congress closed here yesterday with the Philippines elected to host the 20th congress in 1997. "Manila has been a favorite from the beginning," said Baty Subakti, the chairman of AdAsia '95.

Bus regulations violated

Bus regulations violated From Berita Buana The Traffic Law provides that the doors of city buses must be kept closed while the buses are in motion. During the first few months after the regulation was introduced it was carefully observed by bus conductors.

Five names considered for ambassadorial post

Five names considered for ambassadorial post JAKARTA (JP): Speculation about who is going to become Indonesia's ambassador to Australia surfaced again after Minister/State Secretary Moerdiono disclosed on Wednesday that five names are now being considered for the post.

More PPP, PDI involvement in 1997 general election

More PPP, PDI involvement in 1997 general election JAKARTA (JP): Minister of Home Affairs Moch. Yogie S.M. promised yesterday that the government will involve the two minority parties in the preparation and administration of the upcoming general election in 1997 more than it has in the past.

Kosgoro to elect new chairman, mark anniversary

Kosgoro to elect new chairman, mark anniversary JAKARTA (JP): Kosgoro, an influential cooperative affiliated with the ruling Golkar political grouping, is celebrating its 38th anniversary today and will begin its five-yearly congress tomorrow.

Tube venture in RI

Tube venture in RI TOKYO (AFP): Nippon Electric Glass Co. Ltd. and Sumitomo Corp. of Japan said yesterday they would form a joint venture in Indonesia to produce cathode ray tube glass. Nippon Electric would hold a 75 percent stake in the new venture, to be capitalized at US$25 million, with...

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 9, 1995: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 1,100 -50 6,500 AHAP Insurance 3,225 0 0 Alumindo Perkasa 1,150 0 0 Andayani Megah 1,775 -25 96,000...

City to have more buses to meet growing demand

City to have more buses to meet growing demand JAKARTA (JP): The city administration will introduce 40 new regular buses this month to overcome the scarcity of public transport. The head of the city land transportation control agency, J.P.

Heroes' biographies

Heroes' biographies From Neraca I would like to know where I can obtain biographies of our national heroes who have been legally recognized by the government. I want to know about their achievements and how much they dedicated their lives to the struggle for Indonesia's independence.

Japan's politics clouds APEC meeting

Japan's politics clouds APEC meeting By Peter Starr TOKYO (AFP): When Japan assumed the chair after the annual meeting of APEC ministers in Jakarta last year, Japanese Foreign Minister Yohei Kono brandished a gavel handed to him by his Indonesian counterpart.

Int'l diving meet in Bandas

Int'l diving meet in Bandas JAKARTA (JP): The Banda Islands in Maluku will host an international scuba diving championship from Nov. 15 until Nov. 18. The championship will feature two events: fin swimming and an under-water photography shoot-out.

The right to exist

The right to exist At first glance, the presence of four "forest inhabitants" yesterday, on the sidelines of the ongoing international biodiversity conference held in Jakarta, seemed out of place. But these people's stories -- they are from East Kalimantan, West Kalimantan, Lampung and West Java --...

Students seek increase in education budget

Students seek increase in education budget JAKARTA (JP): About 60 students from the University of Indonesia visited the House of Representatives yesterday demanding an increase in the national education budget.

Harjono leads race in Ikadin election

Harjono leads race in Ikadin election YOGYAKARTA (JP): Incumbent chairman Harjono Tjitrosoebono appears set to be re-elected to the helm of the Indonesian Bar Association (Ikadin), after his strongest challenger, Todung Mulya Lubis, was technically excluded from the race yesterday.

KONI consoles sidelined athletes

KONI consoles sidelined athletes JAKARTA (JP): The National Sports Council asked athletes yesterday who will miss the 18th Southeast Asian Games to continue their training program. "We don't think that the sidelined athletes are worse than their lucky teammates.

Cilacap refinery resumes operations

Cilacap refinery resumes operations JAKARTA (JP): The refinery of state oil company Pertamina in Cilacap, Central Java, which was shut down two weeks ago after a fire, will resume production today at 75 percent of capacity, Pertamina announced yesterday.

Prisoners need reading material

Prisoners need reading material MADIUN, East Java: The demand for reading material is increasing among Madiun Penitentiary inmates, who are complaining about their unattractive library and its substandard collection.

Setting a global agenda for biodiversity

Setting a global agenda for biodiversity The following article is excerpted from the opening remarks made by Sarwono Kusumaatmadja, Indonesia's minister of environment, in his capacity as chairman of the Second Conference of Parties to the Convention on Biodiversity in Jakarta from Nov. 6 to 17.

TV today

TV today TVRI 2:35 p.m. TV Series: Amazing 3:05 Documentary: Langka & Unik 3:30 Science 4:05 Student Quiz: Cerdas Cermat 4:30 Culture: Pelangi Budaya 5:00 Regional News: Negeri tercinta Nusantara 5:30 Managemant Programs 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:45 You Should...

Governor to open sports center

Governor to open sports center JAKARTA (JP): Governor Surjadi Soedirdja will officially open the newly-renovated Soemantri Brodjonegoro student sports center in South Jakarta today. The sports center, first established in 1974, has been renovated by PT Bakrie Investindo at a total cost of Rp 75...

Two Americans missing in resort

Two Americans missing in resort MANILA (AFP): Two American tourists and their Filipina friend have been reported missing after they set off by boat from the resort island of Boracay in the central Philippines, police said yesterday.

Tae kwon do team to world c'ship

Tae kwon do team to world c'ship JAKARTA (JP): An Indonesian team of eight tae kwon do athletes will take part in a world tae kwon do championship in Manila, the Philippines, from Nov. 15 to Nov. 23. Five of the eight athletes are male.

Boy still eying world title

Boy still eying world title JAKARTA (JP): Flyweight Boy Aruan's defeat by world title- holder Hiroshi Kawashima of Japan will not weaken his spirit to keep struggling for the title, he says, "even though this means that I will have to start from scratch again.

TV no threat to print media's role

TV no threat to print media's role NUSA DUA, Bali (JP): Advertising executives and market researchers do not see the power of airwaves, notably television, as a threat to ad spending in print media. Nick Elliott, a technical advisor to the Jakarta-based PT Komunika Cergas Ilhami integrated...

Teachers abandon posts

Teachers abandon posts NABIRE, Irian Jaya: Some 200 elementary school teachers in the hinterland of Paniai have been absent from their posts since August, an official said. No explanation was available about why the teachers abandoned their schools, but notoriously low salaries are a suspected...

RI investors bid for UPP

RI investors bid for UPP SINGAPORE (Reuter): United Overseas Bank Ltd. and N.M. Rothschild said a group of Indonesian investors including Bambang Trihatmodjo and Johanes Kotjo had entered a series of call and put options which could lead to a takeover offer for the company at Singapore $1.

Smurfit eyes Indonesia

Smurfit eyes Indonesia DUBLIN (Reuter): Smurfit Ireland and UK, a unit of Jefferson Smurfit Group Plc., said Vietnam and Indonesia were the next targets for expansion after the announcement of a US$20 million joint venture in Singapore yesterday.

Communism still a danger

Communism still a danger From Neraca The communist uprising of the G.30.S/PKI launched 30 years ago was barbarous. Days before the revolt, the Indonesian Communist Party (PKI) showed a behavior which was contradictory to the Pancasila and the 1945 Constitution.

'Clever Toan' and 'Lord Blessing': Tale of two heroes

'Clever Toan' and 'Lord Blessing': Tale of two heroes This year, in 1995, Nuku, Sultan of Tidore, has been officially recognized as Pahlawan Nasional, a National Hero. Today, President Soeharto will also award him posthumously with the Bintang Mahaputra Adiprana during the commemoration of the...