Indonesian Political, Business & Finance News

Archive: 15 December 1995

53 articles found

Party to set up legal unit

Party to set up legal unit SURABAYA, East Java: The provincial branch of the United Development Party (PPP) will establish a legal aid body to help it better prepare for the 1997 general elections. Chairman H.M.

Running gets tough for Indonesian athletes

Running gets tough for Indonesian athletes Chiang Mai (DPA): The spicy food at the 18th Southeast Asian Games in Chiang Mai had 21 Indonesian athletes running the wrong kind of race this week. The SEA Games doctor caring for the Indonesian team said food gave 21 of their 472-member team diarrhea.

A lasting partnership

A lasting partnership Yesterday's announcement by Australian Prime Minister Paul Keating that a new security agreement between Indonesia and Australia will be signed in Jakarta on Monday came as a surprise to many here.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 14, 1995: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 850 -175 54,000 AHAP Insurance 3,200 0 0 Alumindo Perkasa 1,150 0 0 Andayani Megah 1,650 -25 67,000...

Mitsubishi wins order

Mitsubishi wins order TOKYO (AFP): Japan's Mitsubishi Corp. and Hitachi Ltd. together won a 2 billion yen (US$20 million) order to supply 24 carriages for Indonesia's public railway, Mistubishi said. The two Japanese companies would start deliveries in 1997, with four carriages shipped complete...

Slowing down to see the towers in Southeast Asia

Slowing down to see the towers in Southeast Asia By Victor Wongso JAKARTA (JP): There are two schools of architecture. The first is a group of architects who look to the past for inspiration and the other camp comprises several diverse sub-groups who are moving away from this first backward-looking...

Security treaty eliminates mutual suspicions

Security treaty eliminates mutual suspicions JAKARTA (JP): International relations experts welcomed yesterday the announcement of a new security agreement between Indonesia and Australia, saying that the treaty should eliminate any remaining mutual suspicions between the two neighbors.

Lippoland reports 45% profit increase

Lippoland reports 45% profit increase JAKARTA (JP): PT Lippoland Development reported yesterday a 45 percent increase in its net profit to Rp 31.2 billion (US$13.5 million) in the 1994/1995 fiscal year which ended in June, from Rp 21.5 billion in the previous year.

Many Hindu, Buddhist marriages illegitimate

Many Hindu, Buddhist marriages illegitimate JAKARTA (JP): Many marriages among Hindu and Buddhist communities in Indonesia may be illegitimate because they are not listed with the civil registry office, an official of the Ministry of Religious Affairs said.

District head detained for fraud

District head detained for fraud BEKASI (JP): The Bekasi Prosecutors' Office arrested the former heads of the Muara Gembong district and Pantai Harapan Jaya village for allegedly selling 800 hectares of state land.

Malaysia against interference in ASEAN

Malaysia against interference in ASEAN BANGKOK (Agencies): Malaysia's Prime Minister Mahathir Mohamad said yesterday he objected to outside powers interfering in ASEAN and Asia-Pacific security, economic and human rights affairs.

UI denies media reports

UI denies media reports JAKARTA (JP): The University of Indonesia has dismissed media coverage of a trial between one of its students and the dean of its school of medicine as erroneous. Tjiptaningsih Hadisuryo, the spokesperson for the university, said the trial's coverage by five newspapers and...

Thailand asserts supremacy in regional sports

Thailand asserts supremacy in regional sports By Dwiatmanta CHIANG MAI, Thailand (JP): Indonesia threw in the towel yesterday in the battle to defend its title as the region's number one sport nation against Thailand, with officials accepting defeat on the sixth day of the Southeast Asian Games.

Dubbing films

Dubbing films From Forum Keadilan Some people want the dubbing of foreign films and television shows stopped (Forum No.16/IV/1995). The stoppage would run counter to fostering and developing the Indonesian language.

Vendors face eviction for littering area

Vendors face eviction for littering area JAKARTA (JP): As many as 150 street vendors operating in Muara Baru, North Jakarta reported to the City Council yesterday that they have been evicted for ignoring rudimentary hygiene.

Irian tribesmen resettled

Irian tribesmen resettled JAYAPURA, Irian Jaya: Starting next year, the Ministry of Transmigration will resettle the tribesmen of the Baliem valley at a transmigration site currently being developed in the Jayawijaya regency. Head of the local office of the ministry, J.

Hooligans in Medan

Hooligans in Medan From Kompas The Kompas report about hooligans' activities (Nov. 17 and 18, 1995) gives the impression that hooliganism exists only in Jakarta and its surroundings. In Medan today, medium-scale businessmen also feel uncomfortable.

Experts warn of natural disasters

Experts warn of natural disasters JAKARTA (JP): Experts are predicting that it will get even wetter in Indonesia before it gets dryer and say the public should be prepared for the floods and landslides that may result.

Triple decker project expected to start in 1997

Triple decker project expected to start in 1997 JAKARTA (JP): PT Citra Lamtoro Gung Persada confirmed yesterday that the company will start the construction of a Rp 2.7 trillion (US$1.2 billion) three-level transportation system linking Bintaro and Kota downtown in 1997.

Traffic gripe

Traffic gripe The traffic jams in Jakarta are getting worse. They occur at all hours and in any part of the city. Various regulations have been implemented, but the problems persist. When my office was located in Pancoran, South Jakarta, I did not bother with the 3-in-1 regulation, but as soon as I...

Local firms urged to tap Tokyo Exchange

Local firms urged to tap Tokyo Exchange JAKARTA (JP): A Japanese official called on Indonesian companies yesterday to tap the new Tokyo Stock Exchange (TSE) as investors there have already changed from being parochial and concentrating only on Japanese stocks to being broadminded, displaying an...

Security agreement gives new dimension to RI-Australia links

Security agreement gives new dimension to RI-Australia links By Richard Breeze SYDNEY (AFP): The surprise announcement yesterday of a security agreement with Indonesia gives Australia's relationship with its neighbor a new strategic dimension, analysts said.

Briquette plant in Gresik

Briquette plant in Gresik JAKARTA (JP): State-owned coal producer PT Tambang Batubara Bukit Asam will begin operating a new coal briquette plant in Gresik, East Java, early next year. The plant will have an annual capacity of 120,000 tons, company president R.A.

Who's got the right flag

Who's got the right flag BANGKOK (Reuter): Thai organizers of the Association of Southeast Asian Nations (ASEAN) summit scrambled yesterday to find the right Cambodian flag after they wrongly hoisted the flag of the hated Khmer Rouge.

ASEAN summit begins with new commitment

ASEAN summit begins with new commitment By Riyadi BANGKOK (JP): The seven leaders of the Association of Southeast Asian Nations (ASEAN) began their fifth two-day summit here yesterday, committing themselves to broadening cooperation among members to maintain the competitiveness of the region.

Government speeds up foreign debt repayment

Government speeds up foreign debt repayment JAKARTA (JP): The government will accelerate its repayment of high-interest foreign debts with the proceeds from the recent international public offerings of state-owned companies PT Tambang Timah and PT Telkom, Minister of Finance Mar'ie Muhammad said...

Crime rate in Jakarta down over past 6 months

Crime rate in Jakarta down over past 6 months JAKARTA (JP): The capital's crime rate has dropped by 13 percent over the past six months, with assault and vehicle theft down by 50 percent and 70 percent respectively, police said yesterday.

ASEAN to hold informal meeting in December '96

ASEAN to hold informal meeting in December '96 BANGKOK (JP): The leaders of the Association of Southeast Asian Nations (ASEAN) agreed to hold an informal Summit meeting in Indonesia next year to help keep pace with rapid regional and global developments.

Bintang wins legal battle over travel ban

Bintang wins legal battle over travel ban JAKARTA (JP): Controversial politician Sri Bintang Pamungkas won yesterday his legal battle against Attorney General Singgih for slapping an overseas travel ban on him last April.

Bank employee faces jail term

Bank employee faces jail term JAKARTA (JP): Public prosecutor has demanded that the South Jakarta District Court jail a staff member of the Bank Rakyat Indonesia (BRI) of Jl. Gatot Subroto branch office to five years for embezzling Rp 1.7 billion (more than US$770,000). Prosecutor T.S.

Indonesia state of 'contradictions'

Indonesia state of 'contradictions' JAKARTA (JP): Australian Prime Minister Paul Keating described Indonesia yesterday as a country of contradictions and one that Australia needs to understand better. During a press conference announcing the plan to sign a defense agreement with Indonesia in...

Revamp bus fare system

Revamp bus fare system From Media Indonesia The traffic jams of Jakarta are complex. Public transportation, which cannot meet the increasing population, is poorly managed and congestion has become a major obstacle to investment in the transportation sector.

Indonesia rules the road, winning team time trials

Indonesia rules the road, winning team time trials By Dwiatmanta CHIANG MAI, Thailand (JP): Indonesia pedaled its way to a golden double in the 18th Southeast Asian Games cycling competition yesterday, winning both the men's and women's team time trial.

RI to sign treaty with Australia

RI to sign treaty with Australia BANGKOK (JP): Indonesia and Australia next week will sign a historic agreement which, for the first time provides a formal framework in which they can address common security problems, Minister/State Secretary Moerdiono announced here yesterday.

Where to go in Bali:

Where to go in Bali: Music and entertainment * Sheraton Lagoon Nusa Dua Beach: Poolside Terrace - Janger Cultural Performance, Friday. Pasar Ikan Seafood Market, Saturday. Frog Dance Cultural Show, Wednesday. Cafe Lagoon Restaurant - Yodel Group Entertainers, Friday/Sunday/Monday/Thursday.

Letter critical of transprot ministry sparks ruckus

Letter critical of transprot ministry sparks ruckus JAKARTA (JP): Golkar called for an end to the controversy over a letter reportedly written by a senior official to President Soeharto over irregularities at the Ministry of Transportation.

Eye disease rife in Kalimantan

Eye disease rife in Kalimantan BANJARMASIN, Kalimantan: Navy doctors have reported a high number of eye diseases among the residents of Tabunganem district, Barito Kuala regency, presumably caused by bathing in the contaminated Barito River. Lt. Col. Dr.

Indictments in Acan case valid

Indictments in Acan case valid JAKARTA (JP): The Bekasi District Court cleared the way for prosecutors in the Acan gang rape and robbery case yesterday, when the court rejected the objections of the defense.

Five die as boats sink

Five die as boats sink JAKARTA (JP): Five people died when two boats sank in rough seas in Bone Bay, South Sulawesi, on Monday, officials said yesterday. Natsir, an official of the Kolaka regency administration, told the Post that rescue workers managed to save most of the other passengers of the...

Reserve requirement raised to slow down credit growth

Reserve requirement raised to slow down credit growth JAKARTA (JP): Bank Indonesia raised yesterday the bank reserve requirement to 3 percent from the present 2 percent in a fresh move to slow down the excessive growth in credits.

107 hospitalized for diarrhea

107 hospitalized for diarrhea KENDARI, Southeast Sulawesi: One hundred and seven residents of the Katobu district, Muna regency, were treated for diarrhea during an outbreak which started last week. No fatalities were reported and doctors have released most of the patients.

House approves law on medium, small businesses

House approves law on medium, small businesses JAKARTA (JP): The House of Representatives approved a bill yesterday empowering and protecting small and medium-size enterprises. Minister of Cooperatives and Small Enterprises Subiakto Tjakrawerdaya said yesterday that the new law will provide a more...

TV today

TV today TVRI 2:30 p.m. Wajah Negeriku: Padang 2:35 TV Series: Amazing 3:05 Students' Quiz: Cerdas Cermat 4:00 Regional News 4:05 SEA Games XVIII Report: Badminton 4:55 Filler/Trailer 5:00 Regional News 5:15 SEA Games XVIII Report: Swimming Finals 6:05 Nusantara, the Beloved Country: West Nusa...

A never-ending job

A never-ending job In discussing human rights we cannot confine ourselves to the universal concept only. Neither, however, can we stubbornly hold on solely to our own perception. The protection of human rights is guaranteed by several articles of our national Constitution.

Lippo to set up bank in RP

Lippo to set up bank in RP MANILA (AFP): Lippo Group has signed an agreement with the Philippine Exporters' Confederation (Philexport) to jointly establish a Philippine Export-Import Bank, a Filipino official said yesterday.

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 a.m.; Los Morenos, Tuesday, Thursday and Sunday from 7 p.m to 11 p.m.

Better protection of child workers urged

Better protection of child workers urged JAKARTA (JP): Leading activist Mrs. Kardinah Soepardjo Rustam called for better protection of the growing number of Indonesian child workers on Wednesday. The former head of the internationally-recognized Family Welfare Movement said the government should...

Medal Tally

Medal Tally Gold Silver Bronze Total Thailand 96 64 60 220 Indonesia 45 37 52 134 Philippines 27 36 37 100 Malaysia 18 28 43 89 Singapore 15 14 26 55 Vietnam 5 12 20 37 Myanmar 2 11 25 38 Brunei 0 1 5 6 Laos 0 0 6 6 Cambodia 0 0 2 2

Foreign crossers to compete in Pan Pacific championship

Foreign crossers to compete in Pan Pacific championship JAKARTA (JP): Five leading foreign motocross riders will take part in the Pan Pacific Supercross Championship 1995 at the Pulau Tundo circuit in Tulungagung, East Java this weekend.

CASH to submit new Barito deal plan

CASH to submit new Barito deal plan KUALA LUMPUR (Reuter): Construction & Supplies House Bhd. (CASH) said yesterday it will soon submit a new proposal to Malaysia's Securities Commission for its takeover by Indonesia's Barito Group chairman Prajogo Pangestu.

Thailand demands solution to killings

Thailand demands solution to killings BANGKOK (AFP): Thai Prime Minister Banharn Silpa-archa yesterday gave his Malaysian counterpart Mahathir Mohamad two weeks to free three Thai fishermen and resolve a dispute triggered by the killing of two others in Malaysian waters.

Face defeat with a smile, says Wismoyo

Face defeat with a smile, says Wismoyo CHIANG MAI, Thailand (JP): A tide of defeats is sweeping in, but there is always a consolation. It is a heart of a lion that keeps Indonesian sports chief Wismoyo Arismunandar hanging around the 700th Anniversary sports complex for his daily tour during the...

Nurfitriyana has trouble focusing

Nurfitriyana has trouble focusing CHIANG MAI, Thailand (AFP): Nurfitriyana Lantang has trouble focusing as she ponders Indonesia's first Olympic gold in archery. Inferior opposition -- at least on paper -- stand in the way of the Southeast Asian Games women's team title.