Indonesian Political, Business & Finance News

Archive: 24 February 1995

44 articles found

Troops build emergency bridge

Troops build emergency bridge PEMALANG, Central Java: Troops have been called in to build an emergency bridge on the Limus river, in substitute for the one which collapsed early this week, a local senior military officer said yesterday.

Bambang's fate is now in Soeharto's hands: Expert

Bambang's fate is now in Soeharto's hands: Expert JAKARTA (JP): By passing on Golkar's demand to have Bambang Warih Koesomo removed from the House of Representatives, the House leaders have placed the legislator's fate in the hands of President Soeharto. "It is now up to President Soeharto," M.

Malaysia, RI sign car, military aircraft agreement

Malaysia, RI sign car, military aircraft agreement KUALA LUMPUR (Reuter): Malaysia and Indonesia yesterday signed a military aircraft and car deal which they said could lead to formation of a Southeast Asian consortium to manufacture commercial aircraft.

Investigators return to E. Timor for more facts

Investigators return to E. Timor for more facts JAKARTA (JP): The National Commission on Human Rights has deferred announcing the result of its investigation into the deaths of six people at the hands of the military in East Timor, saying that it needs more evidence.

Water stoppage on Saturday

Water stoppage on Saturday Jakarta (JP): The city-owned water company PAM Jaya will temporarily stop the supply of water to a number of areas in the city tomorrow. The company announced yesterday that the stoppage has been caused by the construction of an electricity project in Pulogadung...

Legal expert fears consequences of Liquisa probe

Legal expert fears consequences of Liquisa probe JAKARTA (JP): Legal expert Muladi has urged the Army not to be too harsh on its members who were responsible for the recent death of six people in East Timor, saying it could affect the morale of other troops posted in the troubled territory.

Aussie tourism seminar here

Aussie tourism seminar here JAKARTA (JP): The Australian Tourist Commission and the British Tourist Authority announced yesterday that they had chosen Jakarta to be the venue for the Travel Australia Britain Seminar (TABS) 1995.

Trade unions are part of social infrastructure

Trade unions are part of social infrastructure JAKARTA (JP): Free trade unions are an important part of an industrial society's infrastructures, director of the International Labor Organization's Jakarta office, Herman van der Laan, said yesterday.

Sanitasi program plagued by problems

Sanitasi program plagued by problems JAKARTA (JP): The city's sanitation program is hindered by many problems, mainly the limited availability of garbage trucks, large-scale waste dumps and the imbalance between the rising number of new housing complexes with good waste disposal facilities. M.

Japanese doctors asked to prove cholera claim

Japanese doctors asked to prove cholera claim JAKARTA (JP): Minister of Health Sujudi challenged Japanese doctors yesterday to go to Bali and see for themselves if cholera exists as Japanese tourists have claimed.

Press council not informed of 'Tempo' closure

Press council not informed of 'Tempo' closure JAKARTA (JP): The government closed the Tempo weekly in June without prior consultation with the Press Council as the law requires, a council member testified in court yesterday.

Rubber prices close higher

Rubber prices close higher SINGAPORE (AFP): Singapore rubber futures prices ended higher yesterday as the local market took the cue from an afternoon surge in Japan where speculators pushed prices up. Dealers said prices dropped in the morning as many manufacturers had already stocked up over the...

Priest advises govt to review E. Timor policy

Priest advises govt to review E. Timor policy JAKARTA (JP): The government was advised yesterday to review its development strategy in East Timor or face prolonged conflict with the indigenous people. Gregor Neonbasu, an East Timorese Roman Catholic priest, told a seminar that the more acceptable...

Is there freedom?

Is there freedom? From Bisnis Indonesia On Aug. 17, 1995 Indonesia will celebrate 50 years of independence. In less than half a century of freedom, Indonesia has achieved economically what has taken other free countries hundreds of years.

The Bambang Warih case

The Bambang Warih case The report which appeared in this newspaper yesterday that House Speaker Wahono endorsed the expulsion of Golkar legislator Bambang Warih Koesoemo from the House of Representatives (DPR) was inaccurate and a clarification is therefore due.

Rice output to increase this year

Rice output to increase this year JAKARTA (JP): Indonesia's rice production, which fell four percent in 1994, is expected to expand some this year, but remain lower than 1993's level. "According to the latest projection of the Central Bureau of Statistics, this year's rice production is likely to...

Garuda cancels sale of aging aircraft

Garuda cancels sale of aging aircraft JAKARTA (JP): Garuda Indonesia has canceled its plan to sell nine idle Airbus A300-B4 aircraft because it has failed to find a buyer who will pay for them in cash. Garuda's president, Soepandi, told reporters last night that the airline planned to refurbish the...

Underwriters to 'cooperate' on share prices

Underwriters to 'cooperate' on share prices JAKARTA (JP): The Association of Indonesian Securities Underwriters agreed yesterday to "cooperate" in maintaining stock prices above their Initial Price Offering (IPO) levels.

Mari'e warns on loans in Kanindotex takeover

Mari'e warns on loans in Kanindotex takeover JAKARTA (JP): Minister of Finance Mar'ie Muhammad has warned the potential buyer of the debt-ridden Kanindotex not to use loans from state-owned banks to finance the takeover of the textile company.

Pakistan's refinery project

Pakistan's refinery project KARACHI (AFP): Work started here yesterday on the country's first hydrocracker refinery project, jointly sponsored by Pakistan and the United Arab Emirates (UAE), officials said.

Donations for the poor

Donations for the poor JAKARTA (JP): The Jakarta Family Welfare Movement's chairperson, Mrs. Suryadi Soedirdja, donated on Wednesday foodstuffs and a sum of money to 560 poor people living in West Jakarta. The donation was part of Mrs. Soedirdja's Ramadhan tour of Jakarta.

Taiwan, Singapore join forces for investments

Taiwan, Singapore join forces for investments TAIPEI (Reuter): Taiwan and Singapore have agreed to a joint investment strategy for third countries, a Taiwan spokesman said. "We agreed that we will jointly develop industrial zones in Paraguay, Uruguay, Vietnam, Indonesia and the Philippines," he...

Ramadhan time for Jakarta

Ramadhan time for Jakarta Friday Maghrib 06.16 p.m. Saturday Imsak 04.31 a.m. Subuh 04.41 a.m.

City Police arrest middlemen

City Police arrest middlemen JAKARTA (JP): Not a single unauthorized middleman could be seen at the vehicle document processing unit office at the City Police Headquarters yesterday. During an operation on Wednesday, the military police arrested 78 middlemen, among them, two police sergeants and...

Teachers' wages embezzled

Teachers' wages embezzled KUPANG, East Nusa Tenggara: Governor Herman Musakabe urged the Alor branch of Bank Rakyat Indonesia to repay the salaries of 30 elementary school teachers, allegedly embezzled by its employees.

Idul Fitri not an extravagance

Idul Fitri not an extravagance From Suara Karya The end of the fasting month of Ramadhan is drawing near. During the Ramadhan month Moslems refrain from eating and drinking and other activities which are considered contrary to the Ramadhan values.

Susi is Asia's best athlete

Susi is Asia's best athlete JAKARTA (JP): Badminton queen Susi Susanti is included in the list of Asia's top 10 athletes of 1994 and is entitled to the Kungfu Family Cup, a Chinese sports journalists association announced on Wednesday.

Towards political deregulation?

Towards political deregulation? President Soeharto has instructed the Indonesian Institute of Sciences (LIPI) to suggest a general election system that would best suit Indonesia in the future. The head-of-state also asked LIPI to ponder on how many Armed Forces (ABRI) representatives should sit as...

Railway equipment producer progress

Railway equipment producer progress MADIUN, East Java (JP): PT Industri Kereta Api (Inka), the state-owned railway equipment producer, established in 1981, has reported significant business progress after making a profit for the first time in 1992.

Savings in BRI

Savings in BRI From Kompas I am the youngest child in my family. When my parents died the inheritance was divided among the children (there are six of us). Since I was still a small child at the time, the money was kept for me by my elder sister Lisna Juwita.

RI's coffee exports licely to drop by 67 percent

RI's coffee exports licely to drop by 67 percent JAKARTA (JP): Indonesia's coffee exports are likely to drop by 67 percent to 14,000 tons during the first three months of this year from 43,500 tons in the same period of last year, an executive said.

Free fast breaking meals

Free fast breaking meals JAKARTA (JP): Some 1,000 Jakartan Moslems, and 6,500 from several other cities, have been getting free fast breaking meals in mosques every day during this Moslem fasting month of Ramadhan.

Australia reviews PNG aid

Australia reviews PNG aid CANBERRA (AFP): Australia's chief diplomat has warned Papua New Guinea and other Pacific island states they must take hard economic decisions or face a loss of investor confidence and lowering of living standards.

Stock Exchange

Stock Exchange Share prices on the Jakarta Stock Exchange (in rupiah) on Feb. 23, 1995 Trading Shares Close Change Volume --------------------------------------------------------- ADES ALFINDO 1,800 -600 2,000 AHAP INSURANCE 3,350 0 ALUMINDO PERKASA 1,100 8,000 ANDAYANI MEGAH 2,300 104,500 ANEKA...

Adrianus to fight Thai to defend his OPBF crown

Adrianus to fight Thai to defend his OPBF crown JAKARTA (JP): Adrianus Taroreh is set to defend his Orient and Pacific Boxing Federation (OPBF) championship belt against Thailand's challenger Singtong Nontachai in his hometown Manado, North Sulawesi on April 1.

Thugs prey on bus drivers

Thugs prey on bus drivers SLAWI, Central Java: About 60 city bus drivers pleaded with police for protection yesterday from gangs of thugs who extort money from them. They told chief of the Slawi police precinct, Lt. Col.

Student regiment members attach court observers

Student regiment members attach court observers JAKARTA (JP): Members of the National University's student regiment commandeered a Kopaja mini bus and beat up a student yesterday, according to a student representative.

Indonesia rejects U.S. request for Oki's expulsion

Indonesia rejects U.S. request for Oki's expulsion JAKARTA (JP): Indonesia has rejected the United States government's request for the deportation of Harnoko Dewantono, alias Oki, the main suspect in the Los Angeles triple murder currently in Jakarta police custody.

KL ranks second in ASEAN labor costs

KL ranks second in ASEAN labor costs KUALA LUMPUR (AFP): Malaysia, facing a shortage of workers, has the second-most expensive labor force after Singapore in the Association of Southeast Asian Nations (ASEAN), a government study showed yesterday.

Gump's simplicity brings some cheer

Gump's simplicity brings some cheer JAKARTA (JP): This is the image of the 1990s hero: IQ 75, simple, slow-witted (stupid is too strong), slow-talking, but innocent, kind, optimistic, generous at heart and a true lover.

Future bringht for life insurance: Executives

Future bringht for life insurance: Executives JAKARTA (JP): Executives say the Indonesian life insurance industry has a bright future, given growing public awareness of the importance of risk insurance.

Less S'poreans visit Batam

Less S'poreans visit Batam BATAM, Riau: Most visitors to Batam island are still Singaporeans, but their numbers have continued declining over the past several years, a local official said yesterday. But the number of tourists from South Korea and Taiwan have been on the rise since 1990, chief of...

City finds it hard to control offices

City finds it hard to control offices JAKARTA (JP): Governor Surjadi Soedirdja said yesterday that a lack of supervision has caused many irregularities in the management of the city administration. Speaking to reporters after inducting the new board members of the Jakarta Academy, Surjadi said the...

S'pore coffee contract targets Japan

S'pore coffee contract targets Japan TOKYO (AFP): The Singapore Commodity Exchange (Sicom) said yesterday it was "confident" of attracting interest from the Japanese coffee and futures industry in Asia's first coffee futures contract to be launched next week.