Indonesian Political, Business & Finance News

Archive: 20 March 1995

44 articles found

Weak dollar pulls stock prices down

Weak dollar pulls stock prices down JAKARTA (JP): Share prices fell on the Jakarta Stock Exchange (JSX) last week as investors remained concerned over the weak U.S. dollar. The index dipped to a mid-week low of 425.22 from the week's opening of 432.73, before rebounding slightly on Thursday.

Japanese taught in Bali

Japanese taught in Bali DENPASAR, Bali: As many as 115 senior high schools in the province have included Japanese in their curricula in anticipation of the rush of Japanese tourists to the island. "Students can take Japanese as one of the two foreign languages taught in senior high schools in the...

Authoritarian teachers under fire

Authoritarian teachers under fire PALANGKARAYA, Central Kalimantan: Hundreds of students at the Palangkaraya University demonstrated Saturday to demand that the college management take action against numerous teachers who are "authoritarian".

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.

Daewoo to invest in RI

Daewoo to invest in RI JAKARTA (JP): South Korea's leading Daewoo Group will send a special delegation to Indonesia to sound out the possibility of establishing joint venture companies here. The group's president, Kim Woo-Choong, told visiting Indonesian State Minister of Investment Sanyoto...

Save Bandung!

Save Bandung! From Forum Keadilan Destruction of the environment and natural resources in this beloved country has been going on since the early years of the First Five-Year Development Plan 1969-1973. Then certain people, who claimed to have the authority and the right to manage the forests, began...

Five vessels on fire

Five vessels on fire JAKARTA (JP): A fire, believed to have started in the engine room of a cargo vessel docked at the Sunda Kelapa quay in North Jakarta, spread to four other ships. There were no fatalities but the fire caused hundreds of millions of rupiahs in losses and damages as all the cargo...

Urbanization

Urbanization From Neraca Three days after Idul Fitri, newcomers began to flow in from the regions to Jakarta. They are potential household maids, vendors, and job seekers who are trying their luck in this metropolitan city.

Hoyer Larsen gives final touch to Indonesian woes

Hoyer Larsen gives final touch to Indonesian woes BIRMINGHAM, England (Reuter): Poul-Erik Hoyer Larsen completed a miserable All-England championships for the Indonesian favorites. The 29-year-old Dane capped the eclipse of the previously all- conquering Indonesians with a 17-16 15-6 triumph over...

French photo expo to be held soon

French photo expo to be held soon JAKARTA (JP): The French Cultural Center will hold a special photo exhibition, presenting famous French photographer Jean-Loup Sieff, from March 27 to April 14. The exhibition, which will be held at the French Cultural Center on Jl.

Singaporeans in fear after maid's hanging

Singaporeans in fear after maid's hanging MANILA (AFP): Singapore nationals have stepped up security and some even left the Philippines because of the controversy over a Filipina maid who was hanged in their country, sources said yesterday.

Northrop to build F-5 parts

Northrop to build F-5 parts WASHINGTON (Reuter): The U.S. air force announced that it has awarded Northrop Grumman Corp. a US$173 million contract for replacement structural parts for RF/F-5 fighter planes sold to 25 countries.

KL sees 8.7% growth

KL sees 8.7% growth KUALA LUMPUR (AFP): The Malaysian economy grew by 8.7 percent last year, compared to 8.3 percent in 1993, Finance Minister Anwar Ibrahim was reported saying Saturday. The growth, which surpassed expectations, "was an achievement which should be maintained or enhanced in future...

Simvastatin effective against heart disease

Simvastatin effective against heart disease JAKARTA (JP): A Scandinavian study has found simvastatin tablets effective in treating patients with coronary heart disease, a foreign professor claims. "The study shows that long-term treatment with simvastatin is safe and improves survival in coronary...

Indonesia must get the most out of GATT

Indonesia must get the most out of GATT JAKARTA (JP): Coordinating Minister of Trade and Industry Hartarto said last night that Indonesia must implement all the provisions in the new General Agreement on Tariffs and Trade (GATT) in order to reap as many benefits as possible from the agreement.

Violation of human rights

Violation of human rights From Forum Keadilan Following the financial fiasco of the Golden Key Group, owned by tycoon Eddy Tansil, the Kanindotex Group, led by businessman Robby Tjahyadi took its turn in grabbing media headlines.

AJI members formally charged by police

AJI members formally charged by police JAKARTA (JP): Police announced on Saturday that they have formally detained three members of the Alliance of Independent Journalists (AJI), whom they accuse of spreading anti-government sentiment by means of an unlicensed bulletin, Independen.

Court accepts Oki dossier

Court accepts Oki dossier JAKARTA (JP): Chief of South Jakarta Prosecutor's Office Heru Mustofa has submitted the dossier concerned with the alleged passport forgery of Harnoko Dewantono, alias Oki, to Judge Soedjatman at South Jakarta District Court.

Mahathir scolds airport authorities

Mahathir scolds airport authorities KUALA LUMPUR (Reuter): Malaysia's Prime Minister Mahathir Mohamad has told airport authorities to get on with their jobs and stop blaming each other over a spate of security breaches at the Kuala Lumpur International Airport, local newspapers reported yesterday.

Merrill Lynch predicts 7.5% growth for RI

Merrill Lynch predicts 7.5% growth for RI JAKARTA (JP): Merrill Lynch of the United States estimates that the growth of Indonesia's Gross Domestic Product (GDP) will likely top 7.5 percent this year, rising from an estimated 7.1 percent in 1994. "The real GDP growth should top 7.

Goh puts off Manila visit over hanging

Goh puts off Manila visit over hanging SINGAPORE (AFP): Singapore Prime Minister Goh Chok Tong yesterday announced he was postponing a visit to the Philippines as his government stoutly defended its controversial execution of a Filipina despite pleas for mercy from Manila.

Rift in PPP threatens unity, experts say

Rift in PPP threatens unity, experts say JAKARTA (JP): Political commentators called on leaders of the United Development Party (PPP) on Saturday to control the damage incurred by growing dissension in the Moslem-based party. Dr. Afan Gaffar from Gadjah Mada University in Yogyakarta and Dr.

Bahasa Indonesia better

Bahasa Indonesia better As a student of Bahasa Indonesia and a lover of my own English language, I think Hotel dan Mal Citraland is worthy of ridicule. It is certainly not English, but neither is it Bahasa Indonesia, I believe.

Magneto-Optical Storage comes of age

Magneto-Optical Storage comes of age By Zatni Arbi JAKARTA (JP): The 5.25" rewritable magneto-optical (MO) disk was a hot, newly-released storage product in 1988. But for four years following its launch its storage capacity remained static; at 650 MB of data.

M. Hasan defends export monopoly over plywood

M. Hasan defends export monopoly over plywood JAKARTA (JP): The Association of Indonesian Wood Panel Producers (Apkindo) defended Saturday its plywood export monopoly to prop up plywood prices on the world market.

Joedono to visit Vietnam

Joedono to visit Vietnam JAKARTA (JP): Minister of Trade Satrio B. Joedono said Saturday that he will leave for Vietnam on Tuesday, to lead a two-day trade mission. "The trade mission, which will be participated in by a number of businessmen, is focused on the promotion of a long-term Indonesian...

Fuad supports better tax administration services

Fuad supports better tax administration services SEMARANG (JP): Tax Director General Fuad Bawazier reaffirmed over the weekend the need for more tax administration services to support higher tax compliance among the public.

Hooliganism hits again despite punishment

Hooliganism hits again despite punishment JAKARTA (JP): Hooliganism again found its way into the Indonesian soccer league after PSIS striker Budiono Sutikno kicked the match's only goal to beat PSM Ujung Pandang at the Jatidiri stadium in Semarang, Central Java on Saturday.

Wardiman wants more research by universities

Wardiman wants more research by universities JAKARTA (JP): Minister of Education and Culture Wardiman Djojonegoro said on Saturday that the government supports the public call to intensify the university's role as a research center.

PDI open for Bambang, Bintang

PDI open for Bambang, Bintang SEMARANG, Central Java: The minority Indonesian Democratic Party (PDI) hopes that two outspoken legislators dismissed from the House of Representatives will join the party.

Political analysts shun district electoral system

Political analysts shun district electoral system JAKARTA (JP): Leading political analysts agreed yesterday that proportional representation is the best system for Indonesian elections. Lt. Gen. (ret.) Harsudiono Hartas, a member of the Supreme Advisory Council, Matori Abdul Djalil, a legislator of...

Hoodlums in Blok M

Hoodlums in Blok M From Neraca I appreciate the authorities' stern actions against hoodlums in Jakarta. But I still see many hoodlums lingering in the Blok M area, right around the government-run Senior High School 6, Bulungan Youth Center and Blok M Plaza.

Bonuses for civil servants

Bonuses for civil servants From Suara Karya A few years ago civil servants, pensioners and Armed Forces members received a bonus of one month salary, also called the 13th month salary. This extra salary was usually given a few days before Idul Fitri celebrations, Christmas or New Year.

Real meaning of freedom still persued

Real meaning of freedom still persued JAKARTA (JP): Indonesians must pursue the real meaning of freedom despite national independence, social and political observers say. Speakers at a weekend seminar, sponsored by the Driyarkara School of Philosophy, attempted to answer the "meaning and promises"...

Unpaid bills?

Unpaid bills? From Kompas On Feb. 10, 1995 we visited O'Reiley's in the Grand Hyatt Hotel for some weekend entertainment and to listen to the music, after having dinner in Grand Cafe. This was the second time we visited the place to relax after a tiring office day.

S. Jakarta police catch 600 thugs

S. Jakarta police catch 600 thugs JAKARTA (JP): South Jakarta Police Chief Lt. Col. S.Y. Wenas said over the weekend that his station apprehended 600 thugs in the current fight against street hoodlums over the last two weeks. Lt. Col.

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 Appreciating the Wayang 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Religious teachings: Buddha 7:00 Evening News 7:30...

Damaged road

Damaged road From Bisnis Indonesia Residents on Jl. Kramat Jaya, North Jakarta would like to complain about the bad condition of the road. Gaping holes have shown up during the rainy season which are dangerous to motorists.

Stamping out nepotism

Stamping out nepotism The Inspector General of the Ministry of Home Affairs, Soedarjat Nataatmadja, has issued a sort of memo, the kind of which probably no one else in any government agency has ever written.

Chicago for Ribs open in Jakarta

Chicago for Ribs open in Jakarta JAKARTA (JP): Chicago for Ribs is now open at the BRI II building, Jl. Jend. Sudirman, adding a new restaurant to the city. The restaurant, which began operations on Saturday, is managed by PT Indoribs Nusantara, holder of the Chicago for Ribs franchise license for...

Team prepares markets merger

Team prepares markets merger JAKARTA (JP): Executives of the Surabaya Stock Exchange (SSE) and Bursa Parallel Indonesia (BPI), the country's only over-the- counter capital market, have agreed to form a joint team to prepare a merger of the two exchanges. SSE's president, Basjiruddin A.

Govt supports PWI's sacking of reporters

Govt supports PWI's sacking of reporters JAKARTA (JP): The government has backed a move by the Association of Indonesian Journalists (PWI) to sack 13 of its members for joining the unrecognized Alliance of Independent Journalists (AJI).

Road project sorts out land dispute

Road project sorts out land dispute JAKARTA (JP): Most residents of the Pesanggrahan subdistrict in South Jakarta have agreed to accept the compensation offered by the city administration for their land, which is needed for the construction a 13.

Man, this must be 'foreign' land

Man, this must be 'foreign' land JAKARTA (JP): Name a foreign place that you don't need a passport to get into. Answer: Bekasi, West Java. At least that is how Minister of Information Harmoko feels every time he visits the sprawling administrative town, adjacent to Jakarta, where new housing...