Indonesian Political, Business & Finance News

Archive: 13 March 1995

37 articles found

Weekly Stock Exchange Review

Weekly Stock Exchange Review JAKARTA (JP): Stock prices tumbled last week, following a steep downward slide of the index from its narrow sideways trend over the last few weeks. The Jakarta Composite Index closed the week at 432.73, a big drop of 20.15 points (4.

Philippines still in market for best arms deal

Philippines still in market for best arms deal MANILA (AFP): The race to re-arm the Philippines, locked in a David and Goliath tiff with China in the Spratlys, remains wide open and Manila will consider even Chinese hardware if the price is right, Defense Secretary Renato de Villa said.

Unnatural deaths

Unnatural deaths When the Soeharto government appointed the board of Indonesia's National Human Rights Commission more than a year ago, many observers expected the body to be a tame one. Quite unexpectedly on Wednesday, the commission challenged the all- powerful armed forces when it accused the...

Semarang woos more foreign investors

Semarang woos more foreign investors JAKARTA (JP): Central Java, especially the province's capital, Semarang, offers a wide range opportunities for foreign investment as the area promises a wide array of businesses, a foreign diplomat said.

Police free one of two detained activists

Police free one of two detained activists JAKARTA (JP): The Central Jakarta police precinct on Saturday released a Pijar Foundation activist after detaining him for nearly 24 hours on charges of publicly defaming the government.

Youth groups support fight against 'preman'

Youth groups support fight against 'preman' JAKARTA (JP): Three powerful youth organizations said on Saturday they supported the determination of the city police and military to fight the street hoodlums throughout the capital.

City's anniversary logo launched

City's anniversary logo launched JAKARTA (JP): Governor Surjadi Soedirdja introduced the official logo for Jakarta's 468th anniversary at the Shangri-La Hotel on Saturday evening. Besides being used during the celebration of the city's 468th anniversary, which falls on June 22, the logo, created by...

Soeharto, Li Peng assure smooth transfer

Soeharto, Li Peng assure smooth transfer By Rikza Abdullah COPENHAGEN (JP): President Soeharto and Chinese Prime Minister Li Peng assured on Saturday that national leadership succession in their countries would be smooth given the existing constitutional mechanisms.

JSX to elect president and draw up strategy

JSX to elect president and draw up strategy JAKARTA (JP): Members of the Jakarta Stock Exchange (JSX) will hold a meeting tomorrow to elect the exchange's new president and to formulate a new business strategy.

Injured Alan out of All-England team

Injured Alan out of All-England team JAKARTA (JP): Barcelona Olympic badminton gold medalist Alan Budikusuma has been dropped from Indonesia's All-England team due to a foot injury, says Iwan Setiawan, an official from the Badminton Association of Indonesia (PBSI).

Stop hanging of maid: RP

Stop hanging of maid: RP MANILA (Reuter): Philippines President Fidel Ramos has made an emotional appeal to Singapore to postpone the hanging of a Filipina maid for the murder of a Singaporean boy and another maid, the presidential palace said yesterday.

Eight killed in accident

Eight killed in accident SEMARANG, Central Java: Eight people, five of whom belonged to the same family, were killed in an accident involving a bus and two vans in Ungaran, just south of here last week. The family members killed were Jakartans visiting Central Java for their Idul Fitri vacation.

17 warships arrive for naval show

17 warships arrive for naval show DARWIN, Australia (AFP): The biggest naval build-up seen in Australia's tropical northern waters since World War II was under way here in preparation for a seven-nation exercise starting today.

More useful tips to make the most out of your Lotus 1-2-3

More useful tips to make the most out of your Lotus 1-2-3 By Zatni Arbi JAKARTA (JP): It's no secret that many of you out there are using Lotus 1-2-3, and because I've been working with 1-2-3 Release 5.

Islam's revival: A threat or a challenge?

Islam's revival: A threat or a challenge? JAKARTA (JP): The revival of Islam is not a threat to the modern, established, and secular Western countries, an Islamic expert says. "Western countries cannot merely generalize and say that the revival of Islam is a threat to their national interests and...

Taiwanese investment

Taiwanese investment I am writing to point out a couple of mistakes in your report on Taiwanese investment in Indonesia that appeared in The Jakarta Post on March 8, 1995. First, the report quoted the number of Taiwanese affiliates in Indonesia (49, which was mistaken to be 39), that were...

TV today

TV today TVRI 2:30 p.m. TV Series: Little Wizards 3:00 Children's Program 3:30 TV Series: Unsolved Mysteries 4:30 School Quiz: Cepat Tepat 5:00 Regional News 5:30 Environment Program 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Foreign Reports 7:00 Evening News 7:30 TV Drama 8:05...

Firm after Ancol port project

Firm after Ancol port project JAKARTA (JP): A private company is interested in building a multi-purpose port, with an investment commitment of about Rp 1 billion (US$454,545), in Ancol, North Jakarta, Director General of Sea Transportation Soentoro said.

Why no school lunch break?

Why no school lunch break? Indonesian schools have long school hours without a proper lunch break. In this letter I am commenting mainly on junior high schools. The school my daughter attends is a private school in Bogor, but I think that school hours are the same in every school because the...

Rush back to cities eases over weekend

Rush back to cities eases over weekend JAKARTA (JP): The massive influx of people returning from their Idul Fitri holidays continued until yesterday but is already less than that of the previous several days.

Elephants find gainful employment

Elephants find gainful employment PEKANBARU, Riau: Thirty elephants, graduates from the School for Elephants in Sebanga, Duri, have finally found work in logging companies around the province, Governor Soeripto says.

New bill allows customs to stop pirated imports

New bill allows customs to stop pirated imports JAKARTA (JP): The Directorate General of Customs and Excise Duty will be empowered to stop the importation of pirated goods when the bill on customs is enacted later this year.

Photo exhibition on development

Photo exhibition on development JAKARTA (JP): A photo exhibition on developmental progress since the colonial era will be displayed at the National Archives building ahead of the official commemoration of Indonesia's 50th anniversary.

China signs trade pact with U.S. grudgingly

China signs trade pact with U.S. grudgingly BEIJING (Reuter): China and the United States signed a landmark accord on Saturday to protect copyright in an awkward ceremony that revealed daunting trade differences between the two Pacific giants.

'Students should beware of ideas at odds with govt'

'Students should beware of ideas at odds with govt' JAKARTA (JP): Students should be selective in adopting criticisms and opinions that come from outside the campus, especially views which contradict government policy, according to a communications expert.

Armed bandit, killer arrested in Klender

Armed bandit, killer arrested in Klender JAKARTA (JP): Police in Duren Sawit, East Jakarta, have arrested a man wanted in connection with a series of robberies and the fatal shooting, on Friday, of two gas station employees.

Pulp and paper need $7b fund

Pulp and paper need $7b fund JAKARTA (JP): Indonesia's pulp and paper industry needs an additional investment of at least US$7.28 billion during the next four years to meet the growing domestic demand, an official said over the weekend.

Team is proposed to find Supersemar text

Team is proposed to find Supersemar text JAKARTA (JP): A former military commander has proposed that the government set up a special team to find the Supersemar, or 'March 11 Order', a historical document concerning the transfer of power from President Soekarno to President Soeharto in 1966.

Women's rights

Women's rights I read with interest the celebration of International Women's Day at the British Council, led by leading Feminist Julia Suryakusuma and many high Diplomatic names. Yet the real issue is on what is faced daily by the common people.

ASEAN common market plan gathers momentum

ASEAN common market plan gathers momentum By Surachai Chupaka BANGKOK: A common market, a term that is synonymous with the European Union could, by the end of this year, be associated with the Southeast Asian Nations (ASEAN) if Thailand Prime Minister Chuan Leekpai is able to persuade the ASEAN...

'The Jakarta Post' launches 'Lifestyle'

'The Jakarta Post' launches 'Lifestyle' JAKARTA (JP): The Jakarta Post Lifestyle, an English language book containing a range of information, from places to shop to Jakarta real estate, is due to hit the streets in September.

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.

Growth seen for Indonesia, Thailand

Growth seen for Indonesia, Thailand SINGAPORE (AFP): Indonesia and Thailand will post higher growth this year fueled by rising exports while Singapore's economy slows after two years of rapid growth, U.S. brokerage Merrill Lynch said yesterday.

Fire razes factory

Fire razes factory JAKARTA (JP): Fire razed a paint and ink factory on Jl. Kapuk Utara, in the Kapuk Muara subdistrict in North Jakarta on Friday. The North Jakarta fire office deployed six fire engines to extinguish the fire, which started at 8 a.m. and was extinguished an hour later.

Soeharto's state visit to Croatia, Bosnia begins

Soeharto's state visit to Croatia, Bosnia begins By Rikza Abdullah ZAGREB (JP): President Soeharto arrived here from Copenhagen yesterday for a three-day state visit which will be interrupted by a three-hour trip to Bosnia-Herzegovina today.

Sempati Air responds

Sempati Air responds We are responding the letter of Mr RB Sawrey-Cookson (Feb. 18, 1995). We are sorry for the unpleasant experience you and your wife had with Sempati Air. But we would like to give some clarifications.

No change likely in RI politics: Expert

No change likely in RI politics: Expert JAKARTA (JP): Indonesian politics will remain static for the foreseeable future, according to a leading Indonesia watcher. Dr. R. William Liddle of Ohio State University said in an interview with The Jakarta Post over the weekend that no significant change...