Indonesian Political, Business & Finance News

Archive: 16 December 1995

50 articles found

Past jealousies

Past jealousies I have come to have a high regard for the writing and thinking of Amir Santoso through The Jakarta Post. He writes clearly, thoughtfully and courageously. He is willing to criticize authority when he believes criticism is justified. Therefore his article in the Dec.

PT Great River Industries to issue rights shares

PT Great River Industries to issue rights shares JAKARTA (JP): A publicly-listed textile manufacturer, PT Great River Industries, plans to issue two rights shares for one old share next year to raise approximately Rp 129 billion (US$56.1 million), the company's president said yesterday.

Susi Susanti hopes to use golden touch at Atlanta

Susi Susanti hopes to use golden touch at Atlanta CHIANG MAI (DPA): Indonesia's Barcelona Olympiad badminton champion Susi Susanti hopes to repeat the golden touch in Atlanta next year. "Sure, I'll be in Atlanta.

East Asia well placed to continue stable growth

East Asia well placed to continue stable growth TOKYO (AFP): East Asia appears to be well placed to continue attracting the inflows of foreign capital that have fueled the region's growth, Japan's Economic Planning Agency (EPA) said yesterday.

Medal Tally

Medal Tally Gold Silver Bronze Total Thailand 113 79 79 271 Indonesia 59 48 68 175 Philippines 29 38 53 120 Malaysia 22 36 57 115 Singapore 20 18 32 70 Vietnam 10 13 21 44 Myanmar 3 16 31 50 Brunei 0 1 5 6 Laos 0 0 6 6 Cambodia 0 0 2 2

Focus On Canada established

Focus On Canada established JAKARTA (JP): Five organizations involved in Indonesia- Canadian relations have decided to unite into one association called Focus On Canada. The new association, supported by the Canadian Embassy, unveiled its new logo in ceremony last Thursday at the Regent Hotel. Prof.

15 firearms confiscated in two operations

15 firearms confiscated in two operations JAKARTA (JP): The Jakarta Military Command has confiscated 14 firearms, two million stimulant and barbiturate pills, 600,000 bottles of liquor and 43 sharp weapons during the last month. Commander Maj. Gen.

Germany offers scholarship

Germany offers scholarship JAKARTA (JP): The Federal Republic of Germany has announced the Scholarship Program 1996 which will offer 55 scholarships to Indonesian nationals working in the public or private sector. The target-group is primarily focused on junior executives and trainers.

Golden Truly expands into hotel business

Golden Truly expands into hotel business JAKARTA (JP): Golden Truly, a major domestic retail chain, will expand into hotel operations later next year to benefit from the growing number of foreign tourists visiting the capital.

Jak Jazz '95 is over but the grumbling continues

Jak Jazz '95 is over but the grumbling continues By Remy Sylado JAKARTA (JP): Jak Jazz 95 is over, but the grumbling continues. The successful performers, who encountered no problems during the international jazz festival, said nothing.

Moerdiono confirms probe into transportation ministry

Moerdiono confirms probe into transportation ministry BANGKOK (JP): Minister/State Secretary Moerdiono confirmed yesterday media reports of an investigation into allegations of financial irregularities at the Ministry of Transportation.

SFRN's oil field in RI

SFRN's oil field in RI HOUSTON (Reuter): Santa Fe Energy Resources Inc. reported the best test of its Mudi prospect on the Indonesian island of Java saying the field is obviously a commercial project although it cannot yet estimate the ultimate reserves. The company said Thursday the Mudi No.

Unknown group stages anti-communist protest

Unknown group stages anti-communist protest JAKARTA (JP): A previously unheard-of organization mobilized more than 100 people yesterday, including mothers and children, for a demonstration at the House of Representatives which called on the government to maintain its vigilance against a communist...

Sasak dictionary published

Sasak dictionary published MATARAM, West Nusa Tenggara: Sri Widodo, the rector of the University of Mataram, launched on Thursday a Sasak-Indonesian- English dictionary compiled by an Australian writer. Nell F. Staff was assisted by five local co-authors -- Aida Muspiah, Baiq Rabiah Arkania, I.

Small enterprises

Small enterprises The House of Representatives has finally approved a bill that will empower and protect small and medium-size enterprises. The bill was introduced in the House last July, and took only a few months to be approved.

Edwin elected REI chairman

Edwin elected REI chairman JAKARTA (JP): The national conference of the Indonesian Developers Association (REI) has elected Edwin Kawilarang as the organization's chairman for the period of 1995-1998, replacing Enggartiasto Lukita.

Land agency office in Bekasi

Land agency office in Bekasi JAKARTA (JP): The Bekasi Land Agency is moving to its new office, compliments of the Lippo Cikarang complex. The agency will use several 1,250-square-meter offices on the third and fourth floors of the Flatted Factory building in the complex until the construction of...

Land transport body disappointed by fare proposals

Land transport body disappointed by fare proposals JAKARTA (JP): The Jakarta chapter of land transportation owners association, Organda, is disappointed by the government proposal on the increase in public transportation fares.

Southeast Asia becomes nuclear free zone

Southeast Asia becomes nuclear free zone By Meidyatama Suryodiningrat BANGKOK (JP): The 10 leaders of Southeast Asia realized yesterday the dream of creating a region free of nuclear weapons, signing a treaty which bars the production or acquisition of the instruments of mass destruction.

ASEAN should stick to principles

ASEAN should stick to principles The Association of Southeast Asian Nations (ASEAN), and Thailand in particular, has gone to a lot of trouble to pave the way for Burma's participation in the first-ever meeting today of the leaders from 10 countries in the region.

Flood strikes Central Java

Flood strikes Central Java SEMARANG, Central Java: Flash floods caused by incessant rain over the past two weeks have hit six areas of the Pati regency, causing about Rp 4.5 billion (US$1.8 million) in material losses.

Coping with student brawls not easy: Police

Coping with student brawls not easy: Police JAKARTA (JP): Police and teachers are still struggling to understand and curb student brawls in the capital. Operations launched by police against students and the confiscation of their weapons have done little to stop the aggression.

Foreigners registered for int'l triathlon

Foreigners registered for int'l triathlon JAKARTA (JP): As many as 17 foreign athletes from the Netherlands, Malaysia, Hong Kong, Taiwan and Australia will take part at the International Triathlon on Saturday in Senggigi, Lombok, West Nusa Tenggara.

Indonesia shows its skills at last in SEA Games

Indonesia shows its skills at last in SEA Games By Dwiatmanta CHIANG MAI, Thailand (JP): Indonesian athletes did their country proud yesterday as they pounded their way to gold medals in the Southeast Asian Games. But their charges came far too late.

RI dominates judo competition

RI dominates judo competition JAKARTA (JP): Judo is the only sport for Indonesia at the 18th Southeast Asian Games in Chiang Mai, Thailand, which contributed the targeted set of gold medals. The National Sports Council (KONI) expected Indonesian judokas to collect six gold medals but by yesterday...

NAM accused of inaction to stop rights violations

NAM accused of inaction to stop rights violations JAKARTA (JP): International relations expert Dewi Fortuna Anwar accused the Non-Aligned Movement (NAM) of "inaction" in the face of gross human rights violations by its own member countries.

TV today

TV today TVRI 2:30 p.m. Travel: Balikpapan 2:35 TV Series: Ninja Turtles 3:05 Sports 4:00 Regional News 4:05 Sports SEA Games: Badminton Finals 4:55 Filler/Trailer 5:00 News 5:15 Sports SEA Games: Badminton Finals 6:05 Nusantara, the Beloved Country: Jakarta 6:15 Village Program 6:30 Sports SEA...

Thai soccer boss out over beer

Thai soccer boss out over beer CHIANG MAI, Thailand (AFP): The "beer war" at the 18th Southeast Asian Games cost the Thai soccer boss his job -- for one day. Team manager Thawatchai Sajjakul and some of his reserve players were seen wearing warm-up suits at their match Sunday that were made by the...

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.

Military legislator hails agreement with Australia

Military legislator hails agreement with Australia JAKARTA (JP): A leading military legislator said yesterday that the new security agreement between Indonesia and Australia, to be signed in Jakarta on Monday, will improve the image of the Armed Forces (ABRI) among the Australian public.

'Indojazz' still in the air despite heavy foreign presence

'Indojazz' still in the air despite heavy foreign presence By Johannes Simbolon JAKARTA (JP): The performance of the Benko Dixieland Band from Budapest, Hungary at the 1995 Jak Jazz festival, which closed on Sunday evening, seemed at odds with the festival's mission.

Summit heralds united region

Summit heralds united region By Meidyatama Suryodiningrat BANGKOK (JP): In an unprecedented event, leaders of the 10 nations in the region gathered here yesterday to map out the beginnings of a united Southeast Asia.

Astra, Pertamina set up taxi firm in East Timor

Astra, Pertamina set up taxi firm in East Timor JAKARTA (JP): PT Astra International and the state-owned oil company Pertamina signed an agreement here yesterday with an East Timor cooperative, which will operate a taxi business in the province.

Results

Results CHIANG MAI, Thailand (AFP): Selected results after yesterday's events. Archery Team women: 1. Indonesia 2. Malaysia 3. Thailand Men's team: 1. Indonesia 2. Thailand 3. Philippines Billiards and snooker English billiards doubles: 1. Thailand 2. Malaysia 3.

10 bodies found after sinking

10 bodies found after sinking KENDARI, Southeast Sulawesi: Rescue workers from the Pakue subdistrict have discovered 10 more bodies of people drowned when two boats sank in rough seas in Bone Bay, South Sulawesi, on Monday.

Spotlight

Spotlight Photo A: Designers JP/Oby DESIGNERS MEETING: Indonesian top designers Ramli (left), Harry Dharsono (second left) and Iwan Tirta (right) pose with American designer Oscar de la Renta during a special meeting between the local fashion set and de la Renta at the Grand Hyatt Hotel.

Plywood firms advised to restructure plants

Plywood firms advised to restructure plants JAKARTA (JP): The government, concerned with the steady decline in plywood exports, told manufacturers yesterday to restructure their industrial facilities to adjust to the decline in supplies of raw materials.

Academic sees government weaken

Academic sees government weaken JAKARTA (JP): The growth of Indonesia's middle class reflects the government's weakening political clout, a political observer says. "There's an incredible change taking place.

RI abstain from damning Nigeria

RI abstain from damning Nigeria JAKARTA (JP): Indonesia, and 41 other countries, abstained from a vote in the UN General Assembly over a resolution condemning Nigeria's execution last month of nine minority rights activists, including writer Ken Saro-Wiwa.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 15, 1995: Shares Close Change Trading Volume ---------------------------------------------------- Ades Alfindo 825 -25 8,000 AHAP Insurance 3,200 0 0 Alumindo Perkasa 1,200 50 9,000 Andayani Megah 1,650 0 10,000 Aneka...

Obituary

Obituary SARIAMIN ISMAIL, Indonesia's first woman author, better known by her pen name Selasih, died in Pekanbaru, Riau, yesterday morning. She was 87 years old. Her novel Kalau Tak Untung (The Unfortunate), published in 1933, became famous nationwide and was considered to be among the best works...

Australia-RI defense pact defended

Australia-RI defense pact defended SYDNEY (Agencies): Prime Minister Paul Keating sought yesterday to hose down criticism here of Australia's defense pact with Indonesia, arguing that it would help the cause of the people of East Timor.

Malaysia's first futures exchange opens for trade

Malaysia's first futures exchange opens for trade KUALA LUMPUR (Reuter): Malaysia's first futures bourse, the Kuala Lumpur Options and Financial Futures Exchange (KLOFFE), opened for trading yesterday, bringing the nation closer to its dream of becoming a regional financial center.

Sumitro warns of higher inflation, worsening deficit

Sumitro warns of higher inflation, worsening deficit JAKARTA (JP): Senior economist Sumitro Djojohadikusumo yesterday warned that the increasing inflation rate and deepening current account deficit may endanger the economy if the government does not take immediate measures.

Third camp contests PDI E. Java board

Third camp contests PDI E. Java board SURABAYA (JP): A third group has staked its claim to lead the East Java regional executive board of the Indonesian Democratic Party (PDI), which has been the subject of fierce rivalry between two rival camps.

Hotels, airlines get award

Hotels, airlines get award JAKARTA (JP): Six hotels, three airlines, two restaurants, two transportation companies have received awards from the Jakarta administration for their achievements in promoting tourism.

Singh takes lead in RP golf classic

Singh takes lead in RP golf classic MANILA (AFP): India's Jeev Milkha Singh today failed to reproduce his record-breaking form from the first round but still did enough to give himself a welcome birthday treat and stay top of the leaderboard at the halfway mark of the Omega Tour's US$200,000...

Govt appoints IKPT to build new LNG unit

Govt appoints IKPT to build new LNG unit JAKARTA (JP): The government has appointed PT Inti Karya Persada Teknik (IKPT) to build a US$900-million liquefied natural gas (LNG) production train at Pertamina's Bontang plant in East Kalimantan, Pertamina confirmed yesterday.

Indonesian tennis yields mixed results at SEAG

Indonesian tennis yields mixed results at SEAG CHIANG MAI, Thailand (JP): Indonesia captured one more gold medal in the 18th Southeast Asian Games tennis competition yesterday, but Thailand walked away with pride.

ASEAN in a changed world

ASEAN in a changed world Since its birth in Bangkok in 1967 the Association of Southeast Asian Nations (ASEAN) has had a secure existence. Now -- 28 years after the issuance of the Bangkok Declaration -- ASEAN has become more active and a model of success among regional organizations.