Indonesian Political, Business & Finance News

Archive: 3 November 1995

52 articles found

Niagatama signs loans

Niagatama signs loans JAKARTA (JP): PT Niagatama Arsaraya, the property arm of the Napan Group, secured yesterday a loan commitment of around US$21 million from a syndication of local banks. Niagatama said that the loans, arranged by Bank Pacific, will be used to finance the construction of its new...

Rice prices and reality

Rice prices and reality The confirmation by chief of the National Logistics Agency (Bulog) Beddu Amang early this week that the producer price of rice will be raised by at least 10 percent early next year removed the confusion caused earlier by statements from the agriculture ministry.

Major rubber producers reaffirm commitment

Major rubber producers reaffirm commitment SINGAPORE (Reuter): Major rubber producing states reaffirmed their commitments to a producer-consumer price pact and voiced optimism that a new accord would be ratified in the near future.

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.

Italian ensemble creates intimacy

Italian ensemble creates intimacy By Arif Suryobuwono JAKARTA (JP): Italian food made in Jakarta may taste the same as the original, but Italian music, especially string music, is a different matter. To savor authentic Italian music one has to listen to the original.

Samudra Petrindo Asia sets up joint venture

Samudra Petrindo Asia sets up joint venture JAKARTA (JP): PT Samudra Petrindo Asia (SPA), a unit of the Bimantara Group, has set up a joint venture company with Torvald Klaveness Shipping of Norway to anticipate a tender for coal shipments from Tarahan on the southern tip of Sumatra island to the...

Maman's heirs must bear financial loss

Maman's heirs must bear financial loss JAKARTA (JP): Deputy Chief Justice Adi Andojo Soetjipto revealed that the death of Maman Suparman, a former Bapindo bank executive serving a prison sentence for graft, does not mean automatic release from criminal obligation.

Food standards yet to be established: Officials

Food standards yet to be established: Officials JAKARTA (JP): Health officials say Indonesian food manufacturers are suffering at an international trade level due to their inability to meet certain standards.

Insurance venture set up

Insurance venture set up JAKARTA (JP): Prudential Corporation Plc., one of the top ten international insurance companies, has set up a joint venture life insurance company with Bank Bali with a paid up capital of Rp 10.5 billion (US$4.6 million).

IPTN has 204 orders for N-250: Habibie

IPTN has 204 orders for N-250: Habibie 204 orders for N-250: Habibie JAKARTA (JP): Minister of Research and Technology B.J. Habibie said yesterday he has received orders for 204 N-250 aircraft. He said 34 aircraft have been ordered by European countries, 10 by Gulfstream Airlines of the United...

Rice production declining by 2% a year in Java

Rice production declining by 2% a year in Java JAKARTA (JP): Minister of Agriculture Sjarifudin Baharsjah said yesterday that rice production in Java is declining at a rate of two percent per annum. "If this decline is not matched by an increase in production outside Java, we will have an extremely...

Hariyanto reaches HK third round

Hariyanto reaches HK third round JAKARTA (JP): Hariyanto Arbi went easily into the third round of the US$125,000 Hong Kong Open badminton championships on Wednesday. The world number one beat Malaysia's Lo Ah Heng 15-5, 15-9 in the first round, and routed China's Chen Huang 15-2, 15-3 in the second.

Police release student rioters

Police release student rioters DILI, East Timor: Police have reportedly released 23 of the 262 students and youths that were arrested during a riot here last month. Police chief Col. Andreas Sugianto told The Jakarta Post on Wednesday that some of the detained youths have been returned to their...

Hero to villain, Roh faces prosecutors

Hero to villain, Roh faces prosecutors By Lim Yun-suk SEOUL (Reuter): In 1987, Roh Tae-woo, a decorated war veteran, made history when he became South Korea's first popularly elected president. On Wednesday, he again entered his name in the country's history books by becoming its first president,...

Chinese songs on TV allowed

Chinese songs on TV allowed JAKARTA (JP): Indonesia's Film Censor Institute, responding to public queries about the legality of broadcasting Chinese songs and characters on television, said yesterday no laws have been violated.

G-15 summit to look at the year 2000 and beyond

G-15 summit to look at the year 2000 and beyond By Meidyatama Soeryodiningrat BUENOS AIRES (JP): Leaders of the Group of 15 (G-15) developing countries will gather here on Monday for the start of their fifth summit, to hammer out a declaration on international economic cooperation for the year 2000...

Hotel management pact

Hotel management pact JAKARTA (JP): PT Kencana Semesta, a member of the Tata Group, signed here yesterday a management contract with Park Lane Hotels International of Hong Kong for its US$75 million Resor Carita Laguna Hotel in West Java.

Bakrie to build $1.5b power plant

Bakrie to build $1.5b power plant JAKARTA (JP): The Bakrie consortium has won a government contract to build the US$1.5-billion Tanjung Jati A coal-fired power plant in Central Java, Private Electricity Director of the Ministry of Mines and Energy Moeljadi Oetji confirmed on Wednesday.

RI needs incentive environment

RI needs incentive environment By David Ray BANDUNG (JP): Investigating determinant of Indonesia's long term economic growth is a difficult task. Short term issues cloud the long-run horizon. Since Indonesia gained independence in the late 1940s the country has undergone so many dramatic changes in...

RI booters to play with China

RI booters to play with China JAKARTA (JP): National soccer players will take some valuable lessons in Beijing on Wednesday in the run-up to their campaign at the 18th Southeast Asian Games in Chiang Mai, Thailand.

Enjoyable tour

Enjoyable tour On Nov. 1, 1995, myself and a group of ladies from the Indonesian Heritage Society's 'Explorers' section took a tour of The Jakarta Post and 'Wisma Gramedia.' Mrs. Maggie Agusta, who is the Chief Copy Editor, shared with us her knowledge of the workings of The Jakarta Post along with...

Freeport loses insurance

Freeport loses insurance WASHINGTON (AFP): A federal agency has canceled US$100 million in political risk insurance for a gold mining project in Indonesia operated by the U.S-based Freeport McMoran Copper and Gold Corp, The New York Times said yesterday.

TV today

TV today TVRI 2:35 p.m. TV Series: Amazing 3:05 Documentary: Langka & Unik 3:30 Science: Pushing The Limits 4:05 Students' Quiz: Cerdas Cermat 4:30 Culture: Pelangi Budaya 5:00 Regional News: Negeri tercinta Nusantara 5:30 Cultural Circle: Siaran Pedesaan 6:05 Nusantara, the Beloved Country 6:15...

Chubby Checker in Jakarta

Chubby Checker in Jakarta JAKARTA (JP): American rock'n'roll artist Chubby Checker is to stage a live show at the Mandarin Hotel on Jl. Jend. Sudirman, Central Jakarta, on Nov. 17. The concert, organized by Buena Produktama, is part of Checker's 1995 Asian tour.

Social organizations

Social organizations From Jayakarta Almost all newspapers published on Oct. 25 and 26, 1995, reported the emergence of the National Brotherhood Foundation (YKPK) and Indonesian National Unity (PNI) group. It seems that social organizations are flourishing here.

Three golfers share Dunhill Masters lead

Three golfers share Dunhill Masters lead JAKARTA (JP): Utilizing a simple strategy -- drinking as much water as possible and coolly play golf -- gave Swedish Mathias Gronberg a share lead with two players in the opening round of the Alfred Dunhill Masters at the Emeralda course yesterday.

Five killed in traffic accident

Five killed in traffic accident SURABAYA, East Java: Five people were killed, one fell into a coma and 13 other people were seriously wounded in a collision between a passenger bus and a trailer on Wednesday.

Indonesia buys 1.6 million barrels of jet fuel

Indonesia buys 1.6 million barrels of jet fuel SINGAPORE (Reuter): Indonesia's state oil firm Pertamina has bought 1.6 million barrels of jet fuel and 2.2 million barrels of diesel (gas oil) for delivery in November, a company source said.

New forum set up for Indonesian painters

New forum set up for Indonesian painters JAKARTA (JP): The recent proliferation of various new organizations has reached the island of Bali, where a group of painters living in the artist village of Ubud have formed an association of painters.

Communist resurgence -- fact or fiction?

Communist resurgence -- fact or fiction? Repeated government warnings in past weeks about the dangers of communism have included expressions like "formless organizations", "night communists", "daylight communists" and "new-style communism".

Soeharto calls for harmony

Soeharto calls for harmony JAKARTA (JP): President Soeharto yesterday guaranteed every citizen of the right to practice their own religion but stressed that everyone must work to promote peaceful coexistence between the various religious communities in Indonesia.

Public telephones out of order

Public telephones out of order I would like to inform PT Telkom in East Jakarta that some of the public coin and card operated telephones at the UKI hospital in Cawang are out of order. Since the telephones are badly needed by the relatives of the patients, particularly in the emergency room, I...

Photo contest nominees displayed

Photo contest nominees displayed JAKARTA (JP): Governor Surjadi Soedirdja is scheduled to open an exhibition of over 150 photos nominated in the Kenduri Nasional '95 photo competition on Nov. 12. The pictures were selected from over 500 submitted to the competition, which was organized by Jakprom,...

Thief shot dead in North Jakarta

Thief shot dead in North Jakarta JAKARTA (JP): A suspected thief was shot and killed yesterday by police in North Jakarta. Mamat, 25, who was caught stealing a tape recorder from a car parked in Plumpang, attacked a group of police officers with a sickle.

Students vandalize department store

Students vandalize department store PURWAKARTA, West Java: A group of youths, angered when one of them was accused of shoplifting by a salesgirl, vandalized the "NS" department store here on Tuesday. A number of security personnel had to guard the store until Wednesday, while several students were...

Semen Cibinong to build two factories in Java

Semen Cibinong to build two factories in Java BOGOR, West Java (JP): The Semen Cibinong Group will establish a new cement production unit at its industrial complex in Narogong village here and another new one in Tuban, East Java, said the company's president, Hashim Djojohadikusumo.

Five people questioned over mysterious gunshots

Five people questioned over mysterious gunshots JAKARTA (JP): City police are questioning five people in connection with gunshots fired on Sunday at a hotel and an office building in Central Jakarta. City Police Chief Maj. Gen.

Mass fumigation planned against dengue fever

Mass fumigation planned against dengue fever JAKARTA (JP): Dengue fever has claimed the lives of 56 Jakartans so far this year, the city health office says. Aslan Lasman, the chief of the city health office, said on Wednesday that, as of Oct.

'I'm pretty enough for TV': Megawati

'I'm pretty enough for TV': Megawati JAKARTA (JP): Megawati Soekarnoputri, chairperson of the Indonesian Democratic Party (PDI), says she longs for the day when she can appear more regularly on television as does Harmoko, chairman of the ruling Golkar. "I envy Pak Harmoko.

Australian ship to visit Jakarta

Australian ship to visit Jakarta JAKARTA (JP): An Australian warship will anchor at Jakarta tomorrow and stay until Nov. 6. The HMAS Westralia, a Royal Australian Navy ship, will return to Australia after taking part in joint exercises in ASEAN waters. (05)

Demolition goes on under tight security measures

Demolition goes on under tight security measures JAKARTA (JP): The second day of demolition of shanties in Kedoya Utara and Kembangan, West Jakarta, continued smoothly yesterday, despite earlier confrontations with residents. Some of dispossessed people even pulled down their own homes.

PON scoops in Rp 7.35b fund

PON scoops in Rp 7.35b fund JAKARTA (JP): The 14th National Games Organizing Committee hardly bat an eye when it raked in Rp 7.35 billion (US$3.3 million) on Wednesday night, surpassing the set target of Rp 7 billion.

Trisutji, Singgih compose new Islamic songs

Trisutji, Singgih compose new Islamic songs By Gus Kairupan JAKARTA (JP): Perhaps a better description would be Indonesian Islamic music, for no doubt there are composers in, say, Turkey, Pakistan, Egypt and other Moslem countries who have written works in the same vein -- that is, with the...

Semarang club sacks Brazilians

Semarang club sacks Brazilians JAKARTA (JP): Brazilian soccer magic lost some of its dazzle in Indonesia when a Central Javanese club, PSIS Semarang, sacked on Wednesday two players from the World Cup winning country.

Where to go in Bali:

Where to go in Bali: Music and entertainment * Nusa Dua Beach Hotel: Budaya Stage - Legong Buffet Dinner, Friday. Ramayana Buffet Dinner, Monday. Poolside - BBQ Night with Hawaiian Band, Wednesday. Coffee Shop - Indonesian Night with Joged Dance, Saturday. Village Night with Frog Dance, Tuesday.

RI agroindustry needs structural reform

RI agroindustry needs structural reform JAKARTA (JP): Indonesia needs to structurally reform its agroindustry to improve its efficiency, a national conference was told yesterday. The head of the Board for the Development of Agroindustry, Kaman Nainggolan, said that reform was needed in investment...

Moslem dress can still be fashionable, designer says

Moslem dress can still be fashionable, designer says JAKARTA (JP): Despite a strict dress code for women, Islam can still be fashionable, designer Sitoresmi Syukri Fudholi said yesterday. The religion does not forbid adding a touch of fashion to the garments worn by Moslem women, Sitoresmi told a...

Ciputra to build 'superior school'

Ciputra to build 'superior school' SURABAYA, East Java: The Ciputra Foundation, established by business tycoon Ciputra, will soon build "superior schools" in the CitraRaya housing complex here. The schools, which will range from kindergarten to senior high school, will open next year.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 2, 1995: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 1,300 75 3,000 AHAP Insurance 3,225 0 0 Alumindo Perkasa 1,150 0 0 Andayani Megah 1,900 -50 50,000 Aneka...

30 homeless couples join mass marriage

30 homeless couples join mass marriage JAKARTA (JP): More than 30 homeless couples, dressed in white, gathered at the Senen district auditorium in Central Jakarta yesterday to legalize their marriages. The mass marriage was sponsored by a student forum of the Assyafi'iyah Islamic University,...

Asita presents Plan Save-5 deposits to agents

Asita presents Plan Save-5 deposits to agents JAKARTA (JP): The Association of Indonesian Tour and Travel Agencies (Asita) presented US$12.5 million from its Plan Save-5 savings program to its sub-agents, allaying their fears of unfair deposit distribution.

Bapepam urges PT Miwon to hold public presentation

Bapepam urges PT Miwon to hold public presentation JAKARTA (JP): The Capital Market Supervisory Agency (Bapepam) has urged PT Miwon to hold a public presentation to explain the plunge in the price of its shares since their listing on the Jakarta Stock Exchange on Tuesday.