Indonesian Political, Business & Finance News

Archive: 6 December 1995

54 articles found

Traders complain of police intimidation

Traders complain of police intimidation JAKARTA (JP): Seven people, representing 271 traders from the Muara Karang market in Pluit, North Jakarta, have complained about police intimidation. The traders, who visited the City Council office on Monday, said many of them had been summoned by the...

Malaysia, Indonesia agree on plywood price

Malaysia, Indonesia agree on plywood price KUALA LUMPUR (Reuter): Malaysia and Indonesia have for the first time reached a mutual understanding on the export volume and price of plywood, the national Bernama news agency said yesterday.

Malaysia ready to build planes with Indonesia

Malaysia ready to build planes with Indonesia LANGKAWI ISLAND, Malaysia (Reuter): Malaysian Prime Minister Mahathir Mohamad said his country was ready to work with Indonesia on building bigger airplanes, the national Bernama news agency reported.

Spotlight

Spotlight Photo A: Jagger Sheraton Timika MICK JAGGER: Rock star Mick Jagger (left) talks with Urs Klee, the general manager of Sheraton Timika in Irian Jaya. Mick Jagger recently toured eastern Indonesia on a P&O Spice Island Cruise.

Coffee prices recover

Coffee prices recover LONDON (Reuter): Robusta coffee futures recovered some lost steam to end firm but just off highs at midday yesterday, following short-covering and bargain hunting at the lows, traders said.

Jakarta backs Habibie to retain ICMI chair

Jakarta backs Habibie to retain ICMI chair JAKARTA (JP): Leaders of the Jakarta branch of the Association of Indonesian Moslem Intellectuals (ICMI) expressed their determination to re-elect incumbent chairman B.J. Habibie, albeit in a more democratic way.

Floods in Jakarta

Floods in Jakarta From Kompas The news that the flooding in South Jakarta may hit 2.8 meters makes me despondent. Why do floods recur each year? What is the actual damage each time a flood hits a residential area? The flooding seems to be too quickly forgotten.

Computer venture planned

Computer venture planned JAKARTA (JP): PT Versa Data Systemindo of Indonesia plans to form a joint venture on computer services with Industrial and Financial System (IFS) of Swedia. The company said in a statement yesterday that the new venture will develop IFS Applications, including data,...

Bureaucracy complicates harbor improvement

Bureaucracy complicates harbor improvement JAKARTA (JP): Bureaucracy is complicating the efforts of the Muara Baru fish harbor authority in North Jakarta to improve both the harbor's condition and the lives of its fishermen.

Conti to set up RI plant

Conti to set up RI plant HANOVER, Germany (Reuter): German tire maker Continental AG said it had signed a cooperation deal with Indonesian PT Oroban Perkasa Ltd. Conti said in a statement PT Oroban would manufacture tires for it under license for the Indonesian market.

SE Asia to rely on external financing

SE Asia to rely on external financing HONG KONG (Reuter): Southeast Asian economies will rely increasingly on external financing for growth in the next decade but some economies could be volatile during periods of uncertainty or speculation, said Janet Henry, an Asia-Pacific economist with the...

Policemen's attackers jailed

Policemen's attackers jailed JAKARTA (JP): The South Jakarta District Court has sentenced two thugs to five years imprisonment each for attacking police officers. Presiding judge I Gusti Ngurah Somya said at Monday's trial that Reza Lawalata and Idris Tuarita were proven guilty of attacking Capt.

Schools must also function as cultural centers

Schools must also function as cultural centers JAKARTA (JP): Indonesian arts schools should not only function as learning institutions but also as art and cultural centers, an expert said. Mursal Esten, a professor at the University of Andalas in Padang, West Sumatra, told the First National Arts...

Bambu Apus massacre reenacted

Bambu Apus massacre reenacted JAKARTA (JP): The reconstruction of a multiple murder, said to be one of Jakarta's most brutal crimes, took place at the scene of the crime at Bambu Apus in East Jakarta under tight security yesterday morning.

Oil and gas crucial to economic stability

Oil and gas crucial to economic stability JAKARTA (JP): The government's revenues from the oil and gas sector will remain important in stabilizing the country's economy against internal and external factors, economist Sjahrir said yesterday.

RI tennis stars to make clean sweep in SEAG

RI tennis stars to make clean sweep in SEAG JAKARTA (JP): There is nothing to prevent Indonesia's tennis team from making a clean sweep at the 18th Southeast Asian Games in Chiang Mai, Thailand, according to a senior official of the Indonesian Tennis Association.

Indonesia woos infrastructure investors

Indonesia woos infrastructure investors MELBOURNE, Australia (AFP): Indonesia wants foreign companies to bid for up to US$11 billion of transport infrastructure development over the next five years, Indonesian Communications Minister Haryanto Dhanutirto said yesterday.

What's gone wrong?

What's gone wrong? Tomorrow 4,000 of the best sportsmen and women of this region will march into the Chiang Mai stadium for the opening ceremony of the 18th Southeast Asian Games. Participants in this grand sports festival will include Vietnam, Myanmar, Laos, Cambodia, Malaysia, Singapore, the...

Legislators blast developers

Legislators blast developers JAKARTA (JP): The House of Representatives expressed concern yesterday that most major developers have failed to abide by a ruling requiring them to build three medium-class and six low- cost houses for each luxury house they construct.

Disasters cause great loss

Disasters cause great loss MANADO, North Sulawesi: The various natural disasters, such as floods and landslides, which occurred this year and damaged public facilities have caused an estimated financial loss of Rp 15 billion (US$6.6 million).

Freeport told to respond to concerns

Freeport told to respond to concerns TIMIKA, Irian Jaya (JP): President Soeharto has urged PT Freeport Indonesia, an American copper and gold mining company, to respond to recent concerns about the environmental impact of its huge operation in Irian Jaya.

Press criticized over poor arts coverage

Press criticized over poor arts coverage JAKARTA (JP): The Indonesian press is to blame for the public's ignorance of the development of local arts because of its superficial coverage, a senior journalist says. J.B.

3 more athletes sick ahead of SEA Games

3 more athletes sick ahead of SEA Games JAKARTA (JP): Indonesia has received another blow on the eve of the 18th Southeast Asian Games in Chiang Mai, Thailand, with three more of its best medal hopes being dropped from the team because of illness.

Pijar honors activists

Pijar honors activists JAKARTA (JP): Pijar Indonesia, a vocal human rights organization, awarded three women, including one described by the government as an anti-Indonesia campaigner, with awards for their contribution to the promotion of human rights and democracy in Indonesia.

Steady Safe reports profit jump

Steady Safe reports profit jump JAKARTA (JP): Publicly-listed transport firm PT Steady Safe booked a net profit of Rp 26 billion (US$11.3 million) in the first nine months of this year from its total revenues of Rp 65 billion, the company announced yesterday.

Arsonist under psychiatric watch

Arsonist under psychiatric watch PALEMBANG, South Sumatra: Police have requested that experts at the Palembang Mental Hospital evaluate 24-year-old Mardiani who is suspected of setting a fire which razed 23 houses, including her own. Police chief Capt.

Presidential candidacy

Presidential candidacy From Jayakarta, Based on my clippings I see that four ministers, two ulema organizations and two youth organizations have already expressed their determination to renominate the President as a candidate in the next election.

Yogie hopeful about fair and honest election

Yogie hopeful about fair and honest election JAKARTA (JP): Is the 1997 general election going to be fair and honest? "Insya Allah (God willing)," was the response yesterday from Minister of Home Affairs Moch. Yogie S.M..

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 5, 1995: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 975 0 5,000 AHAP Insurance 3,200 0 0 Alumindo Perkasa 1,150 0 0 Andayani Megah 1,825 50 483,000 Aneka...

Governor backs strengthening of decree

Governor backs strengthening of decree JAKARTA (JP): Governor Surjadi Soedirdja welcomes the idea to convert the gubernatorial decree on the building of apartments into a provincial decree which is legally stronger.

Local businesses urged to brace for ISO-14000

Local businesses urged to brace for ISO-14000 SURABAYA, East Java (JP): Former state minister of environment and population, Emil Salim, reminded producers of leading export commodities to prepare for the implementation of the ISO-14000 environment standard series.

UN envoy briefed on rights in E. Timor

UN envoy briefed on rights in E. Timor DILI, East Timor (JP): East Timor Governor Abilio Jose Osorio Soares yesterday explained the human rights situation in the province to visiting United Nations High Commissioner for Human Rights Jose Ayala Lasso.

Moral dilemma while country nears political crossroads

Moral dilemma while country nears political crossroads By Mochtar Buchori JAKARTA (JP): One evening while preparing for a trip, I was called by a friend. He sounded very tense. "Something very important has happened.

Governor Surjadi gets award

Governor Surjadi gets award JAKARTA (JP): Governor Surjadi Soedirdja was awarded the Satyalencana Pembangunan (faith in development) award yesterday for furthering the transmigration program. Minister of Transmigration Siswono Yudohusodo, on behalf of President Soeharto, pinned the insignia on him...

Taiwan, local firms reach $300m deal

Taiwan, local firms reach $300m deal TAIPEI (Reuter): Taiwan's state-run Chinese Petroleum Corp CHIP.CN (CPC) said yesterday it will sign a contract on Dec. 17 with unnamed Indonesian counterparts to invest US$300 million in a petrochemical zone in that country.

Former activists see sign of disintegration

Former activists see sign of disintegration JAKARTA (JP): A group of former student activists met with Vice President Try Sutrisno yesterday to express their concern over the growing signs of disintegration in society.

Police investigate train accident

Police investigate train accident CILACAP, Central Java: Police and railway authorities are investigating a fuel train accident which happened on Sunday and which caused a financial loss of Rp 2.7 million (US$1,188).

Indonesians the worst drivers in the world

Indonesians the worst drivers in the world JAKARTA (JP): When it comes to traffic discipline, Indonesians are rated among the worst in the world, a British consultant said yesterday. David Stewart, a traffic management consultant, said in a seminar in Yogyakarta that lack of discipline among...

Nokia launches handset

Nokia launches handset JAKARTA (JP): Nokia Mobile Phones, part of the Finnish Nokia Group, introduced the improved version of the N-2110 telephone handset used for the global system for mobile communication (GSM) here yesterday.

Govt to maintain control on state firms

Govt to maintain control on state firms JAKARTA (JP): Minister of Finance Mar'ie Muhammad said yesterday that the government would maintain its control over important state-owned companies despite the liberalization trend in the world economy.

'Asian ports must cope with growth'

'Asian ports must cope with growth' SINGAPORE (AFP): Asia has to beef up its ports and develop new ones to ensure that the region's economic vibrancy is not hindered, Singapore's trade and industry minister Yeo Cheow Tong said yesterday.

Beware of wicked housemaid

Beware of wicked housemaid From Republika I want to warn readers who have just employed a new maid. On Aug. 15, 1995 my maid Rambat asked for permission to visit her home town for a week. She comes from Mungkung village, Wonosobo in Central Java and is about 20 years old and 140 centimeters tall.

One killed in blast on dredge

One killed in blast on dredge CIREBON, West Java: A welder at the PT Koja Bahari dockyard, Cirebon Port, died when the fuel tank of a dredge he was working on exploded on Monday. The shipping company's spokesman, Fajri, said Da'u, 34, died at the accident site of severe burns.

Palapa-C1 satellite in orbit next month

Palapa-C1 satellite in orbit next month JAKARTA (JP): The government has announced that the country's Palapa-C1 telecommunications satellite will be launched on Jan. 31 from Cape Canaveral in Florida, the United States.

TV today

TV today TVRI 2:35 p.m. TV Series: Amazing 3:05 Music: Gita Wicara 3:30 Science World 4:05 Among Us 4:30 Documentary Film 5:00 Regional News 5:30 Indonesian Lessons 6:05 Nusantara, the Beloved Country: South Sumatra 6:15 Village Program 6:45 TV Series: Circus Bill Bixby's 7:00 Evening News 7:25...

RI's Bukaka sees sales boost

RI's Bukaka sees sales boost MELBOURNE (Reuter): Indonesia's Bukaka group could lift annual sales by US$100 million to $200 million as a result of Indonesia's planned $50 billion of infrastructure spending, chairman Fadel Muhammad said here yesterday.

Postal company to buy F-28 aircraft for airmail

Postal company to buy F-28 aircraft for airmail JAKARTA (JP): PT Pos Ekspres Prima has signed a contract with the Fokker company of the Netherlands for the purchase of two F- 28 aircraft for its airmail services, a company executive says.

Kidney patients need transplants

Kidney patients need transplants MEDAN, North Sumatra: Once the government adopts the recent convention on kidney transplantation from corpses, some 1,000 patients could be helped annually. Deputy chairman of the Indonesian Kidney Foundation R.P.

Razor wire

Razor wire On Nov.25 you printed a photograph of two workers who were putting what you called "barbed wire" on top of the fence of the British Embassy in Jakarta. I can assure you that the wire is what is commonly named "razor wire".

RI-Canada trade promoted

RI-Canada trade promoted TORONTO (AFP): Indonesia leads Southeast Asia in trade with Canada and is the region's biggest recipient of Canadian investment, International Trade Minister Roy MacLaren said Monday.

RI urged to sign pact on money laundering

RI urged to sign pact on money laundering SEMARANG (JP): Noted legal expert Muladi said yesterday that Indonesia should quickly ratify the 1988 international convention on money laundering and enact legislation accordingly.

Improper training causes injuries to national shuttlers

Improper training causes injuries to national shuttlers JAKARTA (JP): Flawed training techniques during the preparations for the 18th Southeast Asian Games have been blamed for the injuries suffered by four Indonesian badminton players.

Gun used to shoot guard identified

Gun used to shoot guard identified JAKARTA (JP): Police said yesterday that the gun used in the shooting of a security guard at a Bank Internasional Indonesia (BII) branch office in South Jakarta on Tuesday evening was a high-powered 9-mm FN pistol.

Sea tourism to attract Austrians

Sea tourism to attract Austrians AMBON, Maluku: Austrian Ambassador Hans Demel urged Governor M. Akib Latuconsina to develop sea tourism and recreations, such as diving and wind surfing, in order to attract more visitors from his country.