Indonesian Political, Business & Finance News

Archive: 11 February 1995

52 articles found

Vietnam to set up its first stock market

Vietnam to set up its first stock market HANOI (Reuter): Communist Vietnam will soon launch a capital markets authority, set up a pilot stock market and issue bonds abroad as it strives to attract foreign capital, State Bank governor Cao Si Kiem said yesterday.

Muhamadiyah focuses on programs

Muhamadiyah focuses on programs YOGYAKARTA: Muhamadiyah, a Moslem social and educational organization, will focus on its working programs at its upcoming congress, rather than on the election of the new leadership.

TV today

TV today TVRI 2:30 p.m Sports 3:30 TV Series: Dibawah Kilatan Pedang 4:30 Culture Program 5:00 Regional News 5:30 Circus Lights 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Music 7:00 Evening News 7:30 Lemhanas 8:05 TV Drama: Hati Yang Mendua 9:00 World News 9:25 Koran Recital 9:40...

PPP faces dissension in Jakarta chapter

PPP faces dissension in Jakarta chapter JAKARTA (JP): The central executive board of the United Development Party (PPP) is facing an unexpected dissension from its Jakarta chapter over the election of the chapter's chairman.

Dili residents catch two 'ninjas'

Dili residents catch two 'ninjas' DILI, East Timor: Town residents have caught two hooded men believed to be members of a "ninja" group that roam the streets at night terrorizing pro-independence activists.

Dengue epidemic worsens in Kupang

Dengue epidemic worsens in Kupang KUPANG, East Nusa Tenggara: Hospitals are struggling to cope with the increasing number of people being admitted with dengue fever as the epidemic worsens, an official said yesterday.

Police seize fire crackers

Police seize fire crackers SEMARANG, Central Java: Police have confiscated thousands of fire crackers and arrested dozens of people selling and distributing them over the past few days. Central Java police spokesman Lt. Col.

Stock Exchange

Stock Exchange Share prices on the Jakarta Stock Exchange (in rupiah) on Feb. 10, 1995 Trading Shares Close Change Volume ---------------------------------------------------------- ADES ALFINDO 2,400 0 AHAP INSURANCE 3,350 0 ALUMINDO PERKASA 1,100 3,000 ANDAYANI MEGAH 2,425 75 101,000 ANEKA KIMIA...

Govt urged to stop sending maids abroad

Govt urged to stop sending maids abroad JAKARTA (JP): Legislators urged the government yesterday to stop exporting maids to Saudi Arabia and elsewhere, a practice which has led to widespread physical and sexual abuse.

Better facilities may cause people to sell their land

Better facilities may cause people to sell their land JAKARTA (JP): Governor Surjadi Soedirja has urged residents of the city's least-developed neighborhoods not to sell their land and move when the city administration has finished developing their areas.

Local retailers say keep ban

Local retailers say keep ban JAKARTA (JP): The newly established Association of Indonesian Retailers appealed yesterday to the government that it maintain the restriction on foreign investment in domestic retail businesses. The association's chairman, E.

City plans for Idul Fitri transport

City plans for Idul Fitri transport JAKARTA (JP): Head of the transportation ministry's Jakarta office A. Karim T said his office has drawn up plans to anticipate the exodus of travelers who want to celebrate Idul Fitri in their hometowns.

Legal aid office attacked by graffiti vandals

Legal aid office attacked by graffiti vandals JAKARTA (JP): The Director of the Jakarta branch of the Legal Aid Foundation Luhut Pangaribuan expressed concern yesterday at the obscene pictures and writing scrawled on two outside walls of the foundation's building at Jl.

Traditional marts more competitive

Traditional marts more competitive JAKARTA (JP): The West Jakarta branch of P.D. Pasar Jaya, the city markets authority, is planning to make traditional markets in its area more competitive this year. PD Pasar Jaya official M.

Setting an example

Setting an example The coming month of August is likely to remain in the memory of the fishermen and their families who live in Muara Angke on the Bay of Jakarta. In that month 80 low-cost apartments, built especially for fishermen, are expected to be completed thanks to a Rp 1 billion (US$452,693)...

Top athletes help fund raising

Top athletes help fund raising JAKARTA (JP): The pictures of top national athletes will be stamped on the cans of a renowned soft drink as part of a sports fund-raising program. World badminton queen Susi Susanti, Indonesia's fastest man Mardi Lestari, the 1986 Olympic silver medalist archer...

Ramadhan time for Jakarta

Ramadhan time for Jakarta Saturday Maghrib 06.20 p.m. Sunday Imsak 04.29 a.m. Subuh 04.39 a.m.

Oki investigation close to an end

Oki investigation close to an end JAKARTA (JP): Police revealed yesterday that their investigation of the Los Angeles triple murder is almost complete and that Oki has confessed. Deputy to National Police Chief for Operational Affairs Maj. Gen.

Malaysia and Thailand to begin oil drilling

Malaysia and Thailand to begin oil drilling KUALA LUMPUR (AFP): Malaysia and Thailand will in May begin joint petroleum drilling activities in an area in the Gulf of Thailand claimed by both countries, officials said yesterday.

PSSI said too slow in handling hooliganism

PSSI said too slow in handling hooliganism JAKARTA (JP): The All Indonesia Football Association (PSSI) was too slow in reacting to the recent hooliganism in Yogyakarta, Minister of Youth Affairs and Sports Hayono Isman said yesterday.

Administration probes land status

Administration probes land status JAKARTA (JP): Bogor administration is checking into the status of a plot of land in the Cipambuan village, Citeureup district, bulldozed by developer PT M.P. to make way for the building of a real estate and golf course.

Resident complains about compensation

Resident complains about compensation JAKARTA (JP): Agus Yanuar Ayub, a resident of Slipi subdistrict in West Jakarta, filed a complaint with the City Council over unpaid compensation for his land. Agus told the City Council's Commission A, which is in charge of government affairs, security and...

New cellular phone system for Jakarta

New cellular phone system for Jakarta JAKARTA (JP): PT Komselindo, a newly-established company in the cellular communications business, is currently exploring the possibility of introducing a new digital cellular system in Greater Jakarta, an executive of the firm said.

Mobile telephone business still open

Mobile telephone business still open JAKARTA (JP): Opportunities in the country's lucrative telecommunications industry are still wide open as the government will soon set up technical guidelines on cheaper mobile telephone businesses.

City fights against scalpers

City fights against scalpers JAKARTA (JP): Jakarta Military District Commander Maj. Gen. Wiranto has declared war on ticket scalpers operating at bus and railway stations ahead of the Idul Fitri festivities.

Sam Ratulangi, RI's first futurologist, says expert

Sam Ratulangi, RI's first futurologist, says expert By Santi WE Soekanto MANADO, North Sulawesi (JP): Long before John Naisbitt and Patricia Aburdene became famous for their sharply-defined predictions about future social, political and economic developments, Indonesia already had Dr. Sam Ratulangi.

RI paper firm gets $50m loan

RI paper firm gets $50m loan JAKARTA (JP): The Hong Kong-based Citicorp International Ltd. announced yesterday that a syndication of banks have approved a US$50 million loan for a paper board manufacturing firm, PT Fajar Surya Wisesa, to finance its expansion project.

New chairman vows to revive LIPI

New chairman vows to revive LIPI By Wisnu Pramudya BANDUNG (JP): Soefjan Tsauri, the new chairman of the Indonesian Institute of Sciences (LIPI), moves into his new office with the classic problem of low pay for his research staff. So what else is new? One might ask.

JSX to establish information centers

JSX to establish information centers JAKARTA (JP): The Jakarta Stock Exchange (JSX) will establish information centers in the country's major cities as part of its campaign to promote capital market activities.

Road projects in Jakarta

Road projects in Jakarta JAKARTA (JP): Minister of Public Works Radinal Moochtar said yesterday that his office has been working on six major road improvement projects in the Greater Jakarta area. They include the Jakarta-Serpong toll road, the Marunda arterial road, the Tarum Barat ring road, Jl.

Newly passed law on limited liability companies hailed

Newly passed law on limited liability companies hailed JAKARTA (JP): A noted corporate lawyer praised the new law on limited liability firms, which was approved by the House of Representatives (DPR) on Thursday. "This is a good move.

Newmont to produce gold

Newmont to produce gold JAKARTA (JP): PT Newmont Minahasa Raya announced yesterday that it is constructing the largest gold mine in North Sulawesi with a total investment of US$131 million. The company's president, John Dow, said his company will begin its commercial production early next year with...

Public Works minister says all is well in Jatigede dam project

Public Works minister says all is well in Jatigede dam project JAKARTA (JP): Minister of Public Works Radinal Moochtar gave his assurances yesterday that the construction of a multipurpose dam in Jatigede, West Java, will proceed smoothly.

Floods cause Rp 683m in loss

Floods cause Rp 683m in loss SEMARANG, Central Java: Floods, which have struck 16 regencies in Central Java over the past week, have caused material losses of Rp 683.3 million (US$309,208.14), an official said yesterday.

17 locations for phone payments

17 locations for phone payments JAKARTA (JP): Chief of the East Jakarta Telecommunication Office, I Nyoman Punia announced yesterday that the office has appointed 17 post offices in Jakarta as locations for its customers to pay their telephone bills.

Extra buses allowed for Idul Fitri holiday

Extra buses allowed for Idul Fitri holiday JAKARTA (JP): The directorate general of land transportation has agreed to allow bus transportation companies to operate extra buses during the upcoming Idul Fitri celebration.

Ramos Horta is losing is propaganda war: Alatas

Ramos Horta is losing is propaganda war: Alatas JAKARTA (JP): Exiled Fretilin separatist leader Jose Ramos Horta is fast losing his platform for criticizing Indonesia's integration of East Timor as more Timorese abroad are beginning to challenge his allegations, Minister of Foreign Affairs Ali...

On mobile phones

On mobile phones I would like to comment on Mrs. or Mr. Roestenburg's letter Lunch with a mobile phone dated Feb. 10, 1995, in The Jakarta Post. The use of mobile phones in public places such as restaurants is getting more and more common. However, users have to be directed into three categories: 1.

Where to go in Jakarta:

Where to go in Jakarta: Music * The Aryaduta Jakarta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Thursday, Friday and Saturday from 7 p.m. to 11 p.m.; Lost Morenitos, Sunday, Tuesday and Wednesday from 7 p.m. to 11 p.m.

Forest destruction

Forest destruction Three years ago I attended a worldwide energy conference in Kuala Lumpur. The featured speaker at the final banquet was a high level government minister. His speech became very animated as he attacked the irresponsible press who had been reporting that Malaysia's forests were...

Students told to come up with concept of freedom

Students told to come up with concept of freedom BOGOR, West Java (JP): State Minister of Environment Sarwono Kusumaatmadja challenged the Indonesian Christian Student Movement yesterday to redefine its identity in anticipation of social and political changes.

Occupation of reef won't lead to conflict: Philippines

Occupation of reef won't lead to conflict: Philippines MANILA (Reuter): The Philippines said yesterday that China's occupation of a reef in parts of the South China Sea claimed by Manila would not lead to conflict.

Gen. Feisal swears in deputies

Gen. Feisal swears in deputies JAKARTA (JP): Armed Forces Chief, Gen. Feisal Tanjung, swore in his two new deputies yesterday. Maj. Gen. Soeyono will oversee the military's security and defense functions, while Maj. Gen. Moch. Ma'ruf will supervise its socio-political role. Feisal installed Maj.

APEC to set up group for settling disputes

APEC to set up group for settling disputes TOKYO (AFP): The Asia-Pacific Economic Cooperation (APEC) agreed yesterday to set up a working group to develop procedures for settling regional trade disputes, Japanese news agencies reported.

Man jailed for reckless driving

Man jailed for reckless driving JAKARTA (JP): The North Jakarta District Court has sentenced Sumarno, known as Imin, the driver of a public transit vehicle, to two-and-a-half years imprisonment for hitting, and killing, a pedestrian.

Indonesia opens trade office in Moscow

Indonesia opens trade office in Moscow JAKARTA (JP): Indonesia has opened a trade office in Russia with the aim of promoting trade relations between the two countries, an official said yesterday. "The office, called Indonesia House, provides information and consulting services for Indonesian...

Young reporters lack national pride: Harmoko

Young reporters lack national pride: Harmoko By Santi WE Soekanto MANADO, North Sulawesi (JP): Minister of Information Harmoko lashed out at the new breed of journalists for their lack of nationalism and for engaging in smear campaigns.

A good choice

A good choice The appointment of the new Army Chief of Staff is drawing greater attention than similar appointments before, not only because Lt. Gen. Hartono is the first officer from the socio- political branch to become Army Chief of Staff, but also because many people had speculated that Gen.

Jakarta to have enough meat

Jakarta to have enough meat JAKARTA (JP): Director General of Animal Husbandry Soehadji said yesterday that supplies of meat in Jakarta were sufficient for the Ramadhan fasting month and for Idul Fitri festivities but that he could not predict what would happen to its price.

ASEAN official to visit India

ASEAN official to visit India JAKARTA (JP): The Secretary-General of the Association of Southeast Asian Nations (ASEAN), Ajit Singh, is heading of 40- member delegation to India for a meeting of the ASEAN-India Joint Sectoral Cooperation Committee The Committee meeting will convene Monday for five...

Eight still missing in landslide

Eight still missing in landslide PEMALANG, Central Java: Search and rescue workers will use dogs to help locate eight villagers buried under a land slide that killed one person and injured three others in the town of Bulakan on Tuesday, an official said yesterday.

Japan's gratitude

Japan's gratitude The big earthquake that severely jolted the southern part of Hyogo Prefecture in the early morning of Jan. 17, 1995 wrecked havoc far beyond our imagination. Heartwarming expressions of sympathy and condolences and assistance came from all over the world, especially from the...