Indonesian Political, Business & Finance News

Archive: 8 December 1995

49 articles found

118 former servicemen to sue Air Force chief

118 former servicemen to sue Air Force chief JAKARTA (JP): As many as 118 former Air Force members living in the Halim Perdanakusuma housing complex in East Jakarta will sue the Air Force chief over an order to leave the houses.

RI shuttlers seen to grab all gold medals

RI shuttlers seen to grab all gold medals JAKARTA (JP): A former top Thai badminton player predicted that the Indonesian badminton team will not face tough competition from other countries at the 18th Southeast Asian Games in Chiang Mai, Thailand.

Erwin in Paris for rapid chess

Erwin in Paris for rapid chess JAKARTA (JP): Chess whiz kid Erwin Yulianto will represent Indonesia at the Second Disneyworld Rapid Chess Championships scheduled from Dec. 15 to Dec. 18 in Paris. Erwin, 14, has won the junior national chess championship title four times in a row.

Rare Indonesian music presented

Rare Indonesian music presented JAKARTA (JP): More than 1,000 cassette and video recordings of rare traditional Indonesian music, the fruit of more than 25 years work by two Australian professors, were presented to the Indonesian government yesterday.

Protests, counter protests at two embassies

Protests, counter protests at two embassies JAKARTA (JP): The embassies of Russia and the Netherlands in Jakarta became the targets of a series of demonstrations and counter-demonstrations over East Timor yesterday.

Military warns college over PKI

Military warns college over PKI SEMARANG: Maj. Gen. Yusuf Kartanegara, the outgoing chief of the Diponegoro Military Command, urged the Satya Wacana Christian University in Salatiga to stop employing three staff lecturers who turned out to have had past links with the outlawed Indonesian Communist...

Putu's 'Bor' depicts man's struggle against injustice

Putu's 'Bor' depicts man's struggle against injustice By Oei Eng Goan JAKARTA (JP): Absurdist Putu Wijaya's Bor brought the house down last night, despite the absence of plot in the 90-minute theatrical performance presented by Teater Mandiri.

Cabinet reshuffle no slap in ICMI's face: Habibie

Cabinet reshuffle no slap in ICMI's face: Habibie JAKARTA (JP): President Soeharto's decision to drop Satrio Boediardjo Joedono from the cabinet has nothing to do with Joedono's membership in the Association of Indonesian Moslem Intellectuals (ICMI), its chairman B.J. Habibie said yesterday.

Satelindo gets $230m loan from U.S. bank

Satelindo gets $230m loan from U.S. bank JAKARTA (JP): Private telecommunications provider PT Satelindo has secured a loan of US$230 million from the Export Import Bank of the United States to expand its operations.

'ICMI must help no-Moslems'

'ICMI must help no-Moslems' JAKARTA (JP): President Soeharto urged the increasingly powerful and influential Association of Indonesian Moslem Intellectuals (ICMI) yesterday to dedicate their work to Moslems and non-Moslems alike.

Use of biogas as energy to be studied

Use of biogas as energy to be studied JAKARTA (JP): State-owned gas company PT Gas Negara is exploring the possibilities for the use of biogas, processed from garbage, as an alternative energy source, the company's president said yesterday.

Inflation

Inflation From Jayakarta According to economic science, the higher the demand for a commodity, the lower its price will be. Development economics also teaches us that development which steps up production and services will result in lower tariffs. However, in this country the reality is different.

City refuses to take action against erring bus firms

City refuses to take action against erring bus firms JAKARTA (JP): The city land transportation control agency has refused to take measures against companies which refuse to operate part of their fleets at night.

RI steadfast on protecting sensitive products

RI steadfast on protecting sensitive products By Meidyatama Suryodiningrat BANGKOK (JP): Indonesia remained steadfast yesterday in its position on the withdrawal of a number of products from the list of immediate tariff reductions, despite strong criticisms from fellow members of the Association of...

The saga of Billy Joedono

The saga of Billy Joedono Wednesday's merger of the trade and industry ministries, which resulted in the removal of Trade Minister Satrio Budiardjo (Billy) Joedono from the cabinet, surprised almost everyone.

Products offered to Yemen

Products offered to Yemen JAKARTA (JP): State Minister of Research and Technology B.J. Habibie said yesterday that Indonesia had offered a variety of high-tech products to Yemen. After accompanying Yemen Deputy Prime Minister Abdul Kader Bajaman to a meeting with President Soeharto here, Habibie...

Soebagyo moves to Central Java

Soebagyo moves to Central Java SEMARANG (JP): Maj. Gen. Soebagyo, a rising Army general, was installed yesterday as the new chief of the Diponegoro Military Regional Command which oversees Central Java and Yogyakarta.

Housemaid's two sons arrested for murder

Housemaid's two sons arrested for murder JAKARTA (JP): The East Jakarta police have arrested two sons of a housemaid for their alleged role in Sunday's killing of their mother's employer. The suspects have admitted to killing Oos Rosidin, 41, in revenge for the victim's attitude toward their...

Humanism obliges reciprocity of cultural studies

Humanism obliges reciprocity of cultural studies The following is an interview with Dr. Mohammed Arkoun, a professor of history of Islamic thought at Sorbonne University. Dr. Arkoun, who likes to call himself an Islamic humanist, visited Indonesia recently in connection with the presentation...

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.

MNLF attacks rival faction

MNLF attacks rival faction ZAMBOANGA, Philippines (AFP): The Philippines' main Moro insurgent group, involved in peace talks with the government, attacked a rival faction which is not participating in the talks, a military spokesman said yesterday.

Local artists lament fixed standards

Local artists lament fixed standards JAKARTA (JP): Performing artists from across the country are lamenting the imposition by bureaucrats and urban experts of what they say are impossible standards for local and traditional artists.

BRI issues deposit notes

BRI issues deposit notes JAKARTA (JP): State-owned Bank Rakyat Indonesia (BRI), acting through its Cayman Islands branch, has launched floating rate certificates of deposits worth US$120 million in Hong Kong.

PPD workers want to meet minister

PPD workers want to meet minister JAKARTA (JP): Some 40 employees of the state-owned transportation company PPD will go to the Ministry of Transportation on Dec. 14 to discuss PPD's management, which has refused to heed their complaints.

RI urged to ratify UN rights treaties

RI urged to ratify UN rights treaties JAKARTA (JP): The United Nations High Commissioner for Human Rights Jose Ayala Lasso urged the Indonesian government yesterday to immediately ratify various UN treaties on human rights.

Late Arifin wins award for 'Keris'

Late Arifin wins award for 'Keris' JAKARTA (JP): The late Arifin C. Noer was named Best Director last night for his Keris at this year's television drama festival. Arifin, who died in May at the age of 54, also won the award for best teleplay.

Indorama sets up int'l school

Indorama sets up int'l school JAKARTA: India's ambassador to Indonesia Sudhir T. Devare on Wednesday laid the foundation stone to launch the construction of a day-cum-residential international school in Purwakarta, West Java.

Balisani's policy

Balisani's policy The management of Club Balisani would like to thank The Jakarta Post for printing Club Balisani's response, Balisani clarifies (The Jakarta Post, "Focus on Jakarta" Dec. 4, 1995), to a complaint, PT Balisani Indicted ("Focus on Jakarta", The Jakarta Post, Dec.

Inco working contract set to be extended

Inco working contract set to be extended JAKARTA (JP): The House of Representatives is likely to approve the plan of PT International Nickel Indonesia (Inco) to extend its working contract for coal mining in southern Sulawesi for another 30 years, House members said yesterday.

Two killed in train crash

Two killed in train crash SEMARANG: Two villagers were killed when a train overturned in Poncowolo village near here yesterday. The accident also halted rail services between Jakarta and Semarang, Antara reported.

SE Asia to adopt nuclear-free treaty

SE Asia to adopt nuclear-free treaty BANGKOK (Reuter): Ten southeast Asian countries are expected to sign an agreement on a nuclear weapons-free zone in the region at a summit in Bangkok next week, officials said yesterday.

List of potential leaders emerge in ICMI congress

List of potential leaders emerge in ICMI congress JAKARTA (JP): Reports about the effort of the "bureaucracy" to influence leaders' elections at the congress of the influential Association of Indonesian Moslem Intellectuals (ICMI) emerged only hours after opening ceremony yesterday.

'The Godfather' shot dead

'The Godfather' shot dead JAKARTA (JP): A policeman shot dead a hardcore criminal known among thieves as 'The Godfather' during Wednesday's pre-dawn raid in an unauthorized low-class prostitution area. Gunawan, a repeat offender, was shot in his stomach as he tried to attack a police officer with a...

New Masyumi confusing

New Masyumi confusing From Media Indonesia The news reports on the new Masyumi, or Masyumi-Ridwan, published in the media are confusing and difficult to digest. First, I think the name of the new Masyumi was adopted from a popular Islamic party that was banned in the 1960s because of its...

Inflation rate fell to 0.42% in November

Inflation rate fell to 0.42% in November JAKARTA (JP): Minister of Finance Mar'ie Muhammad announced yesterday that the country's inflation rate fell to 0.42 percent last month from 0.64 percent in October.

Kideco signs coal deal

Kideco signs coal deal JAKARTA (JP): PT Kideco Jaya Agung, a coal mining firm based in East Kalimantan, secured a 30-year contract here yesterday to supply 1.8 million tons of coal per year to PT Jawa Power's Paiton power project.

Freeport, Telkom sign telecoms deal

Freeport, Telkom sign telecoms deal JAKARTA (JP): PT Freeport Indonesia Company has signed a US$10-million deal with PT Telkom for the installation of telephone lines and integrated service digital networks in the newly-established town of Kuala Kencana in Irian Jaya.

Bali hotels fully booked

Bali hotels fully booked DENPASAR (JP): Hotels in Bali have been fully booked by local and foreign tourists for the upcoming Christmas and New Year holidays. "Several days ahead of Christmas and New Year, tourism in Bali will be booming," Tommy Raka, chairman of the Bali chapter of the Indonesian...

Fretilin leader arrested

Fretilin leader arrested DILI, East Timor: The military yesterday announced it has arrested one of the top commanders of Fretilin, the armed separatist movement. Antara reported that Pascoal Ximenes Pereira, alias "Nixon", known as the Fretilin's political assistant chief, was arrested during a...

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 7, 1995: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 975 0 0 AHAP Insurance 3,200 600 3,500 Alumindo Perkasa 1,150 0 0 Andayani Megah 1,750 -50 119,000 Aneka...

Towards a more unified Indonesia

Towards a more unified Indonesia The recent international conference on population settlement held in Jakarta has prompted me to write this letter. In his opening speech at the conference, President Soeharto was reported (Kompas, Nov.

Shoe firm gets loan

Shoe firm gets loan SURABAYA, East Java (JP): PT Ganda Wangsa Utama, a listed shoe company, got a syndicated loan worth US$20 million yesterday from eight foreign banks with an interest rate of 2.75 percent above Singapore Inter-bank Offered Rate.

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.

RP aims to spur APEC economic liberalization

RP aims to spur APEC economic liberalization MANILA (AFP): The Philippines plans to spur economic liberalization among Asia Pacific Economic Cooperation members (APEC) when it hosts a summit of the forum in 1996, President Fidel Ramos said yesterday.

Ginandjar urges ICMI not to become elitist group

Ginandjar urges ICMI not to become elitist group JAKARTA (JP): A senior official acknowledges that it is not possible for the influential Association of Indonesian Moslem Intellectuals (ICMI) to entirely avoid "political reactions" from the public.

RI designers face greater retail competition

RI designers face greater retail competition By Dini S. Djalal JAKARTA (JP): It's a good thing that copyrights remain an alien concept in the fashion world, or else many designers would be out of business. Including Indonesian designers.

TV today

TV today TVRI 2:30 p.m. Wajah Negeriku: Padang 2:35 TV Series: Amazing 3:05 Science: Bush Babies 3:30 Science: Safari Ocean 4:05 Student Quiz: Cerdas Cermat 4:30 Culture 5:00 Regional News 5:25 Wajah Negeriku: Padang 5:30 Entrepreneurship 6:05 Nusantara, the Beloved Country: Lampung 6:15 Village...

BTN pledges to help small house buyers

BTN pledges to help small house buyers JAKARTA (JP): State-owned Bank Tabungan Negara (BTN) will continue to direct most of its credits to small-house purchases despite its' growing services to non-housing sectors.

The Listening Post

The Listening Post * You're probably stressed out from stress by now if you've been following this column for the last couple of weeks. Well please bear with me: this is important to get right. I know from the experience of teaching here for seven years that misplaced stress on English words and...