Indonesian Political, Business & Finance News

Archive: 25 November 1995

60 articles found

Distance learning is not a distant dream

Distance learning is not a distant dream JAKARTA (JP): Distance education may be the answer to the government's quest to provide access to education for the masses in a country as huge and scattered as Indonesia.

Mahathir defends sale of companies

Mahathir defends sale of companies KUALA LUMPUR (AFP): Malaysia's Prime Minister Mahathir Mohamad yesterday defended his sale of government companies to "only certain" Malay individuals. The prime minister said the favored individuals would get even bigger deals if they proved successful and he...

Murder suspect denied bail

Murder suspect denied bail SINGAPORE (Reuter): A Singapore Airlines steward suspected of murdering a flight attendant in Los Angeles was denied bail yesterday pending extradition proceedings, his lawyer said. Zaini Jeloni, 27, is a suspect in the murder of Singapore Airlines stewardess Chang Yu, 23.

Truce at last at Salatiga university

Truce at last at Salatiga university JAKARTA (JP): The protracted conflict at the Satyawacana Christian University in Salatiga, Central Java, has come to an end with the various parties signing a truce on Nov. 20.

Animal quarantine causes pollution

Animal quarantine causes pollution BEKASI (JP): Thousands of families in the Mekar Wangi subdistrict in Bekasi, some 30 kilometers east of the capital, complain about bed smell coming from the quarantine of imported cows.

Vietnam to reform law to boost investment

Vietnam to reform law to boost investment HANOI (Reuter): Vietnam is preparing a radical reform of its land and credit laws to stimulate investment in the Southeast Asian country, an official said yesterday.

Daihatsu's style on wheels comes to Indonesia

Daihatsu's style on wheels comes to Indonesia By Alastair Doak The Tokyo Motor Show always has an element of automotive culture shock, with the Japanese entry-level micro-car a particular source of wonder. This year's show, which was held last month, was no exception.

Industry and innovation

Industry and innovation From Republika We are witnessing the rapid development of science and technology in this era of globalization, in which Indonesia is trying to catch up. The successful development of transportation means will also reflect the progress achieved by the nation's development...

Govt to purchase three F-100 jets for Merpati

Govt to purchase three F-100 jets for Merpati JAKARTA (JP): The government plans to pay for three Fokker F- 100 aircraft and 14 CN-235 simulators for Merpati Nusantara to help improve the air carrier's financial structure.

House construction program exceeds government target

House construction program exceeds government target JAKARTA (JP): Construction of new low-cost houses has exceeded the government's target for the last two years, State Minister for People's Housing Akbar Tanjung said yesterday.

TV today

TV today TVRI 2:35 p.m. TV Series: Ninja Turtles 3:05 Sports 5:00 Regional News 5:30 Film Series: Bill Bixby's Wonder World Of Magic 6:05 Nusantara, the Beloved Country: Maluku 6:15 Village Program 6:30 Music 7:00 Evening News 7:30 Fashion 8:05 Film series: Hati yang Mendua 9:00 World News 9:25...

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 24, 1995: Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 1,000 25 1,000 AHAP Insurance 3,225 0 0 Alumindo Perkasa 1,150 0 0 Andayani Megah 1,550 -25 53,000 Aneka Kimia...

National soccer team to play last warm-up

National soccer team to play last warm-up JAKARTA (JP): To iron out the last wrinkles in its way to the 18th Southeast Asian Games soccer throne, the national team will test its skills today against the Indonesian league selection, at the Senayan stadium.

Principal suspended

Principal suspended BANDAR LAMPUNG, Lampung: An elementary school principal, suspected of committing adultery with a neighboring housewife, has been given an indefinite time-out. Head of the Ministry of Education's North Lampung office, Sudirman Subing, alleges the man, identified only as AS, was...

Trisakti to construct new campus in E. Jakarta

Trisakti to construct new campus in E. Jakarta JAKARTA (JP) : Trisakti University is going to build a new campus in East Jakarta as its campus in West Jakarta can no longer accommodate the academic activities.

Flood victims need food

Flood victims need food BANDA ACEH, Aceh: More than 5,600 victims of the recent floods in the Bendahara regency, East Aceh, have faced a food shortage for the past three days. Razi, head of the Ministry of Social Services' local office, said he has distributed all of the available food supplies and...

Champ Susi pulls out of year-end tourney

Champ Susi pulls out of year-end tourney JAKARTA (JP): Top seed Susi Susanti of Indonesia will not defend her crown at the world badminton grand prix finals in Singapore next week due to a leg injury. Indonesian Uber Cup player Yuliani Sentosa has been named by the organizers to take Susi's place...

BOJ cautious about joining currency pact

BOJ cautious about joining currency pact TOKYO (Reuter): The Bank of Japan (BOJ) is cautious about joining a pact to maintain stability of Asian currencies, a senior BOJ official said yesterday. "For the moment, we are cautious about participating in the agreement," the official told Reuters.

Taxi charge system on its way in Indonesia

Taxi charge system on its way in Indonesia By Russell Williamson Indonesia may have its first taxi charge card system in place before 1997 following the formation of Cabcharge Asia in Singapore. Cabcharge Asia Pte Ltd is a joint venture between the Australian taxi charge card firm, Cabcharge...

Senden extends lead in Tugu Pratama PGA

Senden extends lead in Tugu Pratama PGA JAKARTA (JP): Australian John Senden extended his lead by seven shots for a 201 after the third round of the US$250,000 Tugu Pratama PGA Asian Tour at the Bumi Serpong Damai near here.

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.

OPEC cartel facing tough times

OPEC cartel facing tough times By Karen Matusic VIENNA (Reuter): In a hi-tech and electronic global marketplace for oil, the OPEC cartel worries about becoming an anachronism. Low prices compelled the Organization of the Petroleum Exporting Countries at a Vienna conference this week to freeze its...

Duren Village and deception

Duren Village and deception From Merdeka In September, 1994, I bought a house through a five-year credit plan with Bank Bali. I chose the Duren Village housing complex located in Ciledug, Tangerang, West Java.

Village chief election

Village chief election From Jayakarta As we know, in the election of a village chief, some of the candidates often resort to malpractice, like bribery, finding a backer, or even intimidation. Some of the elected candidates were known to have been using fake certificates.

Defendants admit to plagiarism role

Defendants admit to plagiarism role JAKARTA (JP): The businessman being tried for plagiarizing a hydraulic analysis admitted in court yesterday that his office spent Rp 800 million to get the falsified analysis report.

New Lancer may appear soon

New Lancer may appear soon Mitsubishi has launched its new Lancer in Japan but Indonesian buyers will have to wait for some time before it becomes available. According to Mitsubishi executives at the Tokyo Motor Show, where the car was unveiled, the new range will not be on sale in Jakarta for many...

Barclays arm to link with Niaga Securities

Barclays arm to link with Niaga Securities JAKARTA (JP): BZW, an investment banking arm of Barclays Bank Plc. of Britain, will acquire a stake in Niaga Securities, a subsidiary of Bank Niaga, under an agreement to be signed here on Tuesday.

Monetary tools may not prevent overheating

Monetary tools may not prevent overheating JAKARTA (JP): Existing monetary instruments are no longer effective in dealing with economic overheating because of the interdependence between the country's economy and world financial centers.

Writting contest results announced

Writting contest results announced JAKARTA (JP): Nulie Komerita, a high school student of SMA I, Jakarta, is the winner of the sixth annual writing competition held in celebrating the United Nations Day.

Nationalist group concerns national integrity

Nationalist group concerns national integrity One of the new organizations has come to life in recent weeks is the National Brotherhood Foundation or YKPK whose rank and file reflect the pluralistic Indonesian society. The Jakarta Post talks to Lt. Gen.

Moslem activists establish 'New Masyumi'

Moslem activists establish 'New Masyumi' JAKARTA (JP): Several Moslem activists braced themselves for criticism yesterday as they announced the establishment of Masyumi, a group with the same name as the defunct Islamic political party.

Establishment of 'New Masyumi' queried

Establishment of 'New Masyumi' queried By Wisnu Pramudya & Santi W.E. Soekanto JAKARTA (JP): Anwar Haryono, the former leader of Masyumi, cold shouldered the establishment of a new organization bearing the name of the now-dissolved Islamic political party.

Car sales continue to grow in RI

Car sales continue to grow in RI The Indonesian automotive market is on course for a record year of 380,000 cars. Sales have been consistently strong throughout the first three quarters of the year, and the current rate only needs to be maintained in the final quarter for the 380,000 target to be...

Stamps for Aga Khan awards

Stamps for Aga Khan awards JAKARTA (JP): President Soeharto yesterday signed a series of stamps to mark today's presentation of the Aga Khan awards for architecture at the Royal Palace in Surakarta (Solo). The commemorative stamps will be formally launched today.

Scavengers evict hoodlums

Scavengers evict hoodlums JAKARTA (JP): More than 150 scavengers in Cilincing, North Jakarta, joined forces Thursday to stand up to street hoodlums trying to drive them out of the area. The scavengers, many who have lived in the area for over 15 years, said the hoodlums have destroyed their huts...

Philippines wins more contracts

Philippines wins more contracts SUBIC BAY, Philippines (AFP): Philippine officials signed key infrastructure contracts with foreign firms here yesterday as this former U.S. naval base stepped up preparations to host a 1996 summit of leaders of Pacific Rim economies.

Police to return Oki's dossier

Police to return Oki's dossier JAKARTA (JP): Police will soon return the corrected dossier on a triple murder case, allegedly committed by Harnoko Dewantono alias Oki, in Los Angeles. City Police Spokesman Lt. Col.

Edi meets with Yangon generals

Edi meets with Yangon generals BANGKOK (AFP): Visiting Indonesian Defense Minister Gen. (ret.) Edi Sudrajat held talks in Yangon on Thursday with senior Myanmarese military junta members including its chief, Gen. Than Shwe, state-run Myanmarese radio said.

Indonesian Kung Fu films

Indonesian Kung Fu films From Suara Karya Indonesian film producers are now making more serious efforts in making Kung Fu serials adapted from books. An example is the adventure stories of Wiro Sableng (Crazy Warrior) aired by RCTI on Sundays at 11:00 a.m..

School building

School building From Suara Karya It is saddening to see an elementary school with a tilted roof, broken windows, dirty walls and an inadequate playground. It looks more like a warehouse than a school. This school is in Sukanegara village in Bogor, West Java.

Evicted squatters threaten to build on other's land

Evicted squatters threaten to build on other's land JAKARTA (JP): Many of the evicted North Kedoya riverbank dwellers, whose homes were demolished by the authorities, said they will erect shanties on land belonging to a real estate company even though they are aware that to do so is illegal.

What they say about teachers

What they say about teachers JAKARTA (JP): The life of an Indonesian teacher is one of Indonesia's great ironies. On the one hand they are respected and called "heroes without medals". At the same time many of them struggle to make ends meet on their meager salaries, made even lower by numerous...

Australian technology could drive national car

Australian technology could drive national car By Alexander Corne and Mitchell Mackey Indonesia's national car could be based around Australian design and technology rather than British know-how. Unconfirmed reports from the United Kingdom suggest Rover, which is owned by BMW, has decided against...

Market progress key to privatization

Market progress key to privatization JAKARTA (JP): The performance of the domestic stock exchanges in attracting domestic investors will be a key factor in influencing the government's decision on the location of the initial public offerings (IPO) of state-owned companies.

Where to go in Jakarta:

Where to go in Jakarta: Music * Hotel Arya Duta, Jl. Prapatan 44-48,Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Monday and Wednesday from 7 p.m. to 1.p.m.; Los Morenos, Tuesday, Thursday and Sunday from 7 p.m to 11 p.m.

New PNI says it targets young people

New PNI says it targets young people JAKARTA (JP): The Indonesian National Unity (the new PNI), one of the latest mass organizations to have emerged in recent months, declared yesterday that it is targeting the young generation rather than former supporters of the Indonesian Nationalist Party (old...

PT Indosat to introduce 007 for int'l calls

PT Indosat to introduce 007 for int'l calls JATILUHUR, West Java (JP): The country's international telecommunications firm PT Indosat will introduce 007, the new access code for international calls using the International Maritime Satellite (Inmarsat) services.

Man nabbed in Cirebon for killing loan shark

Man nabbed in Cirebon for killing loan shark JAKARTA (JP): An unemployed man has been arrested in Cirebon, West Java, for allegedly killing a woman in Jakarta, police said yesterday. Lt. Col. Gories Mere, Chief of East Jakarta Police Precinct, said the suspect, Donalcius Sitompul, was picked up...

Four killed over inheritance

Four killed over inheritance CILACAP, Central Java: Enraged with what he saw as unfair distribution of an inheritance, Ras, 25, allegedly slashed to death four of his relatives and seriously injured three others.

Military continue chase of rebels

Military continue chase of rebels JAYAPURA, Irian Jaya: A number of teams from the Armed Forces are continuing their pursuit of the Free Papua Organization rebels who reportedly abducted two students. Antara reported on Thursday that the students, identified as Bsy and Min, residents of the Arso...

Value added tax feared to cause traders' unrest

Value added tax feared to cause traders' unrest JAKARTA (JP): The imposition of value added tax on traders at PD Pasar Jaya markets will cause unrest, a councilor said yesterday. The deputy chairman of the city council, Ismunandar said that the traders will not be happy about it adding that there...

Pekalongan still tense after riot

Pekalongan still tense after riot JAKARTA (JP): Hundreds of police and military officers were remained on alert yesterday after a racially-charged riot on Wednesday in Pekalongan, Central Java. An anonymous police source told The Jakarta Post there was tension in town of more than 130,000 people,...

Indonesia-Australia ties strengthen

Indonesia-Australia ties strengthen By Alastair Doak The Automotive ties between Indonesia and Australia are expected to strengthen significantly in the coming years. The links will get stronger as the Indonesian car industry matures and starts to play a more significant role in the international...

Transmigration program to cultivate idle lands

Transmigration program to cultivate idle lands JAKARTA (JP): Indonesia hopes to increase its agricultural production by using thousands of hectares of fallow land in various transmigration sites soon. Minister of Transmigration Siswono Yudohusodo told journalists after meeting with President...

Try says forex ethics important

Try says forex ethics important JAKARTA (JP): Vice President Try Sutrisno called on local foreign exchange (forex) dealers and bank managers to respect the code of conduct in their money market transactions.

Pharmaceutical firms seek delay of patent law

Pharmaceutical firms seek delay of patent law JAKARTA (JP): The Association of Indonesian Pharmaceutical Manufacturers is seeking a deferment of the revised patent law until 2000, saying that their members are not ready to face the new patent restrictions now being considered by the government.

Exporters awarded for perseverance

Exporters awarded for perseverance JAKARTA (JP): President Soeharto will present Primaniyarta awards to 68 exporting companies for their distinguished achievements and staying power during the last five years of slow export growth, an official announced yesterday.

Will Tempo reappear?

Will Tempo reappear? Last year, when a group of journalists from the now defunct weekly news magazine Tempo filed a lawsuit in the Jakarta State Administrative Court to challenge the banning of their magazine, almost everybody was pessimistic.

S'pore Telecom profit up

S'pore Telecom profit up SINGAPORE (AFP): Singapore Telecommunications Ltd. said yesterday its net earnings had increased by 9.5 percent from a year ago to S$740 million (US$528.5 million) in the six months to Sept. 30. Singapore Telecom said the profit was achieved on an 11.

RI blamed for cancellation of vital research mission

RI blamed for cancellation of vital research mission SYDNEY (AFP): A U.S.-Australian scientific program to probe the secrets of the El Nino weather phenomenon has been blocked by Indonesia because of fears it was a spy mission, scientists and officials here believe.