Indonesian Political, Business & Finance News

Archive: 19 December 1995

47 articles found

U.S. suspends visa processing

U.S. suspends visa processing JAKARTA (JP): Two hundred people applying for visas at the United States embassy in Jakarta complained yesterday that embassy was refusing to process their applications. Craig J.

Man on trial for beating reporter

Man on trial for beating reporter CURUP, Bengkulu: The local district court began on Saturday the trial of a businessman accused of assaulting a reporter of the Lampung Post daily newspaper. Antara reported yesterday that the defendant, identified by his initials HN, was charged in court with...

Wave victims seek bank loans

Wave victims seek bank loans PANDEGLANG, West Java: Nineteen families whose homes were destroyed by a tidal wave have turned to Regent Yitno for credit to repair their houses. The residents of a fishing village on the coast of the Indian Ocean in South Banten have been forced to move their...

Kadin wants to see collusion stop

Kadin wants to see collusion stop JAKARTA (JP): The Indonesian Chamber of Commerce and Industry (Kadin) has urged entrepreneurs to put an end to collusion with government officials and to nurture business ethics.

Two police officers face interrogation about killing

Two police officers face interrogation about killing JAKARTA (JP): The city police have arrested one of their officers for killing a resident in East Jakarta. Second Lieutenant Burhan Siburian, the 35-year-old head of the Public Guidance unit at the East Jakarta police precinct, has admitted to...

Tebet traders upset at chain store plan

Tebet traders upset at chain store plan JAKARTA (JP): Thirteen people, representing 480 traders at the Tebet Barat market, South Jakarta, complained to the City Council yesterday about the market cooperative's plan to lease part of the market building to a department store.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 18, 1995: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 825 0 0 AHAP Insurance 3,200 0 0 Alumindo Perkasa 1,200 0 0 Andayani Megah 1,650 0 13,000 Aneka Kimia Raya...

Savoy Homann to convert Kota buildings into hotel

Savoy Homann to convert Kota buildings into hotel JAKARTA (JP): State-owned trading company PT Cipta Niaga signed an agreement yesterday with hotel-chain operator PT Savoy Homann for the conversion of vintage buildings owned by Cipta in Kota, North Jakarta, into a hotel.

RP's forex reserves rise

RP's forex reserves rise MANILA (AFP): Philippine commercial banks registered US$9 billion in foreign currency deposits at the end of November, central bank governor Gabriel Singson said yesterday. He said the figure was $2 billion up from the same month a year earlier.

Brand masters plan battle in Jakarta

Brand masters plan battle in Jakarta JAKARTA (JP): Two grandmasters, Indonesia's Utut Adianto and Great Britain's Nigel Short, will test each other's nerve in a series of chess duels beginning on Thursday.

Painting expo in Bandung

Painting expo in Bandung BANDUNG, West Java: Twenty-five Indonesian painters will hold a month-long exhibition starting Wednesday at Topas Galeria. Minister of Tourism, Post and Telecommunication Joop Ave is scheduled to open the exhibition which will display more than 200 works from leading...

Killing corruption to aid nation

Killing corruption to aid nation The allegation of corruption in the Ministry of Transportation has made recent headlines. Law expert Charles Himawan looks at the issue from a broader perspective. JAKARTA (JP): Cynical observers have described Indonesia's progress as "development with an envelope",...

Taxi drivers

Taxi drivers It was interesting reading the Dec. 10 article, Dealing with Jakarta Taxi Drivers, by Carl Chairul, as my experiences are similar. I am a visitor to Jakarta from England and he summed up the typical reactions of taxi drivers very well.

ISO-9002 given to Inti's management

ISO-9002 given to Inti's management BANDUNG, West Java (JP): PT Industri Telekomunikasi Indonesia (Inti), the state-owned telecommunications equipment manufacturer, yesterday received an ISO-9002 certificate for its management. The ISO-9002 certificate was awarded by Christiaan W.

Manggala Health Screening Center

Manggala Health Screening Center From Kompas Last November my company sent its employees for a general checkup to the Manggala Health Screening Center in the Manggala Wanabhakti building on Jl. Gatot Subroto, Jakarta. Manggala's service turned out to be time consuming and lacking in professionalism.

RI, Australia sign accord on security

RI, Australia sign accord on security JAKARTA (JP): Indonesia and Australia yesterday added further substance to their warming relations, signing a security agreement which officials hope will lay to rest any fears toward Jakarta.

More protests being staged against Haryanto

More protests being staged against Haryanto JAKARTA (JP): Three groups held separate demonstrations in Jakarta yesterday over the government's disclosure that Minister of Transportation Haryanto Dhanutirto is under investigation for alleged misconduct.

RI's coffee output down

RI's coffee output down LONDON (Reuter): British trade house E D & F Man cut its estimate for Indonesia's 1995-1996 coffee crop to 6.2 million 60- kilo bags from a previous figure of 6.8 million but said preliminary expectations are for a crop of seven million in 1996- 1997.

University probes students' conduct

University probes students' conduct SEMARANG: The administrators of state-run Diponegoro University said the names of two students studying there match names on a list of people whom the authorities said took part in recent anti-government demonstrations in Jakarta.

No Paper

No Paper In observance of the Ascension Day of Prophet Muhammad tomorrow, The Jakarta Post will not be published. The Post will reappear on Thursday. -- Publisher

ASEAN towards 2000

ASEAN towards 2000 Besides the landmark security treaty that declares the whole of Southeast Asia a nuclear-weapons-free zone, several other strategic decisions and agreements were made during the meetings of the Association of Southeast Asian Nations (ASEAN) in the Thai capital Bangkok last week.

Lending and borrowing of securities start soon

Lending and borrowing of securities start soon JAKARTA (JP): The Jakarta Stock Exchange (JSX) and the Indonesian Securities Clearing Depository (PT KDEI) are currently preparing a mechanism for the lending and borrowing of securities on the capital market.

Golkar prepared for poll debates

Golkar prepared for poll debates JAKARTA (JP): A senior Golkar member said yesterday that the ruling political group is ready to campaign for the 1997 general election in indoor debates rather than outdoor rallies.

Shopping malls

Shopping malls I would like to add my congratulations concerning the Sunday features; they seem to be well-researched and present fair appraisals. Paul Guerin made some valid points on the proliferation of shopping malls in Jakarta, taking a stance against the property consultants (The Jakarta...

Few students show interest in math, physics

Few students show interest in math, physics JAKARTA (JP): Poor physics and math skills among Indonesian students could obstruct the country's high technology development drive, a high-ranking education research official warned yesterday.

Obituary

Obituary Harsja Wardhana Bachtiar, a highly respected and often controversial intellectual, died at Cikini Hospital in Jakarta yesterday. He was 61 years old. Relatives said Harsja died of the kidney disease he had fought for one year.

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.

Spotlight

Spotlight Photo A: Drawings JP/Ridhwan Ilhamsyah PAMERAN GAMBAR SEGI ENAM: Toety Azis, general manager/chief editor of the daily Surabaya Post, points at one of the works of six artists on display at the Balai Surabaya Post in Surabaya.

Indonesia's trade balance may suffer next year

Indonesia's trade balance may suffer next year JAKARTA (JP): Indonesia's trade balance next year is likely to suffer at the hands of new foreign investors because of their increased import activity, an investment bank predicts.

KONI chief says Arie resignation would not help

KONI chief says Arie resignation would not help JAKARTA (JP): National Sports Council (KONI) chairman Wismoyo Arismunandar yesterday indicated that he would not accept the resignation of Indonesian contingent chief Arie Sudewo, following Indonesia's loss of its overall title at the 18th Southeast...

Property prices moderate in 1996

Property prices moderate in 1996 SINGAPORE (AFP): Singapore's industrial property prices, seen as the highest in Southeast Asia, should moderate in 1996 in line with government moves to ensure the city state remains competitive, analysts said yesterday.

Moslem women ask minister to ban exploitive films, ads

Moslem women ask minister to ban exploitive films, ads JAKARTA (JP): A Moslem women's group suggested yesterday that Minister of Information Harmoko clamp down on television commercials that exploit women to promote products.

Govt to lower maternal mortality rate

Govt to lower maternal mortality rate JAKARTA (JP): The government plans to launch a massive campaign to reduce the high incidence of death among expectant and new mothers, which Minister of Health Sujudi says is chiefly the result of ignorance.

How they did it in Tangerang

How they did it in Tangerang JAKARTA (JP): The development of a Rp 2.4-billion (US$1.05 million) office of the Ministry of Public Works office in Tangerang, West Java, has been stopped indefinitely following a violent protest last week by residents of the adjacent police housing complex, who claim...

Taxi driver murdered

Taxi driver murdered JAKARTA (JP): A 22-year-old man was arrested by South Jakarta police on Sunday morning for allegedly killing a taxi driver in an effort to get money to help his ailing mother. Police said Amanu, an employee of a cleaning service company at the Ministry of Cooperative Affairs on...

Corrections through proper institutions

Corrections through proper institutions JAKARTA (JP): President Soeharto said yesterday that, while corrections might be necessary in Indonesia's development efforts, these must be made through the established mechanisms and in the spirit of national unity.

Massive investment suggested for sports

Massive investment suggested for sports JAKARTA (JP): The government needs to invest at least Rp 200 billion (US$86 million) per year if Indonesia is to wrest the Southeast Asian Games title from Thailand in two years.

TV today

TV today TVRI 2:30 p.m. Travel: Wajah Negeriku 2:35 TV Series: Hassai Sensei 3:05 Music: Dilentasia 3:30 TV Series: Road to Avonlea 4:30 Science Program: IPTEK 5:00 Regional News 5:25 Travel: Face of My Country 5:30 English Program 6:05 Nusantara the Beloved Country: Southeast Kalimantan 6:15...

Govt plans to restructure customs and excise office

Govt plans to restructure customs and excise office JAKARTA (JP): The government will restructure its customs and excise office in adjustment to the newly approved customs and excise law. Director General for Customs and Excise Soehardjo told a press conference here yesterday that the Ministry of...

Most laws show male dominance over women

Most laws show male dominance over women JAKARTA (JP): Most Indonesian laws, especially criminal laws, reflect male dominance over women, a legal expert said yesterday. This condition is detrimental to women when it comes to the interpretation of violence, I.S.

Sleuths off to U.S., Italy to unravel thefts

Sleuths off to U.S., Italy to unravel thefts JAKARTA (JP): Three senior city police detectives will leave for the Netherlands, the U.S. and Italy on Sunday to investigate the theft of goods from containers shipped from Jakarta. The three policemen are Crime Investigation Directorate Secretary Lt.

Foreign investment wave seen in Asia

Foreign investment wave seen in Asia BANGKOK (Reuter): Two economists yesterday forecast a big new wave of foreign investment funds into east and south east Asia over the next 12 months that would lift the region's current sluggish stock markets.

Australia, RI ties in new phase

Australia, RI ties in new phase By Terry Friel CANBERRA (Reuter): It was a sight that would have alarmed many Australians just a few years ago -- 150 crack Indonesian paratroopers dropping from the sky in the Australian Outback.

ASEAN signs unique pact but trade worries linger

ASEAN signs unique pact but trade worries linger By Robert Birsel BANGKOK (Reuter): The Association of Southeast Asian Nations (ASEAN) may have signed a landmark security pact at last week's summit but efforts to quicken economic integration and create a huge common market seem to be lagging.

Collusion dictates to economy: Scholar

Collusion dictates to economy: Scholar SURAKARTA, Central Java (JP): Collusion between powerful conglomerates and the administration is so dominant that it dictates the direction of the Indonesian economy, an economist from Gadjah Mada University said yesterday.

Hanoi takes steps towards free trade

Hanoi takes steps towards free trade By Philip McClellan BANGKOK (AFP): Vietnam has taken cautious steps towards realizing an ASEAN dream of creating a Southeast Asian free trade zone despite doubts over opening its carefully controlled economy for outside inspection.

Businessman stabbed 16 times

Businessman stabbed 16 times JAKARTA (JP): The owner of a furniture store was found dead yesterday in his shop in Ciputat, South Jakarta, with at least 16 stab wounds to his torso, head, legs and hands.