Indonesian Political, Business & Finance News

Archive: 7 March 1995

41 articles found

RI chases three titles at All England

RI chases three titles at All England JAKARTA (JP): Indonesia's top badminton players are set to resume their race for more laurels at the All-England championships next week, with a repeat of last year's triple sweep in sight.

HK stock prices slip due to dollar

HK stock prices slip due to dollar HONG KONG (AFP): Hong Kong stock prices slipped 1.11 percent yesterday due to the weakness of the U.S. dollar, with the key blue-chip benchmark Hang Seng Index losing 91.24 points to close at a two-week low of 8,093.91. Turnover thinned to HK$1.

Myanmar replies again

Myanmar replies again We are referring to Vitit's article on March 2, 1995 (in Bangkok on Feb. 18, 1995). Most of the distortions in the article do not merit a response. The mischief in this insidious article lies in the thrust to cause misunderstanding and conflict between Thailand and Myanmar,...

Central Asia pledges action over Aral Sea

Central Asia pledges action over Aral Sea By Douglas Busvine DASHKHOVUZ, Turkmenistan (Reuter): Cash-strapped Central Asian states pledged action on the Aral Sea ecological disaster zone but their one-day summit on Friday last week was marked by divisions over joint funding of a clean-up.

National discipline relevant

National discipline relevant Although we have finished celebrating the Idul Fitri holiday we would like to note the special need to continue the national discipline movement. According to information from the police, road accidents during Ramadhan 1995 decreased sharply compared to those during the...

Timorese's trust in military needs restoring: Muladi

Timorese's trust in military needs restoring: Muladi SEMARANG, Central Java (JP): The army has been urged to give soldiers involved in the Jan. 12 killing of six people in Liquisa, East Timor, the freedom to defend themselves in the military tribunal.

Fire razes two shops

Fire razes two shops JAKARTA (JP): Fire razed two shops on Sunday evening, one at the Senen Inpres market on Jl. Batu Ceper and the other at the Roxi Mas shopping complex on Jl. Hasyim Asyari in Central Jakarta.

Influx of holiday travelers less than estimated

Influx of holiday travelers less than estimated JAKARTA (JP): The wave of travelers returning from their Idul Fitri holidays has escalated in the city's inter-city bus terminals and railway stations over the past two days.

'Use foreign languages in the proper context'

'Use foreign languages in the proper context' JAKARTA (JP): Use the national Indonesian language with pride. After all, 190 million people are using it, Minister of Education and Culture Wardiman Djojonegoro says.

Entertainment centers punished

Entertainment centers punished JAKARTA (JP): The number of the entertainment centers reprimanded by the city administration for violating performance regulations during the fasting month of Ramadhan and Idul Fitri holidays has increased to seven.

Road mishaps kill 80 in two weeks

Road mishaps kill 80 in two weeks JAKARTA: At least 80 people were killed and more than 100 others injured, many critically, in road accidents in Java, Sumatra and Sulawesi over the past two weeks, press reports said yesterday.

More Asia tourists traveling to Australia

More Asia tourists traveling to Australia SYDNEY (AFP): The rapid growth in travel from the booming economies of Asia helped boost tourist arrivals in Australia to another record high of 3.36 million in 1994, according to data released yesterday.

President sets up committee for RI anniversary

President sets up committee for RI anniversary JAKARTA (JP): This year's golden anniversary of Indonesia's independence will be dedicated to the people and to expressing gratitude to God Almighty, the government says.

Malaysia nabbed illegal aliens

Malaysia nabbed illegal aliens KUALA LUMPUR (AFP): Malaysia, a haven for illegal immigrants, recorded nearly 50,000 cases of unlawful entry, overstaying and crimes by foreigners last year, a news report said yesterday.

Baring to resume JSX trading

Baring to resume JSX trading JAKARTA (JP): PT Baring Securities Indonesia (BSI) announced here yesterday its plan to resume full trading on the Jakarta Stock Exchange (JSX) this week. The move was made following the announcement on the acquisition of all businesses, assets and liabilities of the...

ADB adopts new policy to save tropical forests

ADB adopts new policy to save tropical forests MANILA (AFP): The Asian Development Bank (ADB) said yesterday it was adopting a new lending policy designed to arrest the "alarming" destruction of Asia's tropical forests.

Quake victims asked to resettle

Quake victims asked to resettle AMBON, Maluku: The provincial administration calls on residents of Obi Island whose houses were damaged in an earthquake in October and last month to resettle to other areas under the state-sponsored transmigration program.

RI joins Assie defense exercise

RI joins Assie defense exercise CANBERRA (AFP): Airborne troops of Indonesia's Strategic Reserve Force (Kostrad) arrived yesterday to join Australian paratroopers for an army exercise later this month as efforts accelerate to strengthen defense links between the two countries.

Strong winds botch boogie

Strong winds botch boogie JAKARTA (JP): Only three out of the planned four sorties were performed in the first day of the international boogie show in Bali and Lombok on Sunday due to strongwind. Around 130 parachutists were engaged in the first and second sorties, done at 12,000 feet above...

Religious holiday loan

Religious holiday loan From Media Indonesia I was happy to learn from the media that every company is obliged to pay religious holiday bonuses to its workers based on the Decision of the Department of Manpower No 4/1994.

Soeharto scheduled to visit war-torn Sarajevo this week

Soeharto scheduled to visit war-torn Sarajevo this week JAKARTA (JP): President Soeharto will visit Sarajevo on an overseas this week that will also take him to Copenhagen and Zagreb, Minister/State Secretary Moerdiono announced yesterday.

Government asked to tighten bolts of inflationary pressures

Government asked to tighten bolts of inflationary pressures JAKARTA (JP): The chief of the Central Bureau of Statistics is calling on the government to make a stronger commitment to maintaining the inflation rate below 10 percent this year.

RP power industry left behind Asia neighbors

RP power industry left behind Asia neighbors MANILA (AFP): Despite an increase of independent power producers in the Philippines, competition in the country's power industry is not developing as fast as those of its Asian neighbors, an economist said yesterday.

Legislator Sri Bintang plans to sue PPP leaders

Legislator Sri Bintang plans to sue PPP leaders JAKARTA (JP): Outspoken legislator Sri Bintang Pamungkas announced yesterday his intention to sue the leaders of his United Development Party for their plans to dismiss him from the House of Representatives.

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.

Indochina experts work together to save tiger

Indochina experts work together to save tiger HANOI (Reuter): Experts from Vietnam, Cambodia and Laos have agreed to work together to save the Indochina tiger from extinction, international specialists said yesterday.

Erring bus operators found

Erring bus operators found JAKARTA (JP): At least 15 inter-city buses, whose crew members were found guilty of substantially raising ticket prices over the Idul Fitri holiday, will soon be reported to the Directorate General of Land Transportation.

Hyundai wins tanker order

Hyundai wins tanker order KUALA LUMPUR (AFP): South Korea's Hyundai Group signed a deal yesterday with Malaysian International Shipping Corp. Bhd. (MISC) to build two tankers at US$40 million each to boost pal oil shipments.

Indonesia still hopes for lifting of Iraqi embargo

Indonesia still hopes for lifting of Iraqi embargo JAKARTA (JP): Indonesia remained steadfast in its wish to lift sanctions imposed against Iraq despite a written message yesterday from United States President Bill Clinton soliciting support for their maintenance.

Rainstorm smashes 15 houses

Rainstorm smashes 15 houses PROBOLINGGO, East Java: A rainstorm hit several subdistricts over the weekend, destroying 15 houses and knocking down trees. No casualties were reported, but power cuts occurred.

Lawyers' association seeks law for members' protection

Lawyers' association seeks law for members' protection JAKARTA (JP): An organization of lawyers urged the government and the House of Representatives to make a law regulating all matters dealing with attorneys.

Fishing firms use potassium

Fishing firms use potassium SORONG, Irian Jaya: The Sorong legislative council has called on the local administration to take action against fishing companies using toxic substances which have contaminated the sea.

Beware of organized crime embryos: Hindarto

Beware of organized crime embryos: Hindarto JAKARTA (JP): Organized crime syndicates have begun to develop in the city through small groups of gamblers, extorters and pimps, warns a senior police officer.

Basofi unaware of ban gathering

Basofi unaware of ban gathering SURABAYA, East Java: Governor Basofi Sudirman claims he knows nothing about the cancellation last week of a religious event organized by the minority Indonesian Democratic Party's (PDI's) Probolinggo branch.

ABRI's fate under review

ABRI's fate under review My questions here are solely based on an article written by Wahyudi M. Pratopo, which appeared in The Jakarta Post's Sunday issue, Feb. 26, 1995. If the article written is not accurate, then my questions based on that are not accurate either. Mr.

Injured detainee flees hospital

Injured detainee flees hospital SERANG, West Java: The police are searching for an injured detainee who escaped from the hospital where he was undergoing medical treatment. The detainee, identified as Jali, 33, sneaked out from the hospital on Friday night after breaking the window in the bathroom...

Deception

Deception From Kompas A gentleman who claimed to be a Singaporean living in Malaysia patted my shoulder and asked where he could change his Bolivian dollars. He said he worked on a ship that was berthed in Tanjung Priok, Jakarta.

Japanese bank to fund LNG plant in E. Kalimantan

Japanese bank to fund LNG plant in E. Kalimantan JAKARTA (JP): The Export-Import (Exim) Bank of Japan will provide a loan to finance 70 percent of the total costs to construct a $969 million liquefied natural gas (LNG) plant in Bontang, East Kalimantan, an executive says.

KL to start futures exchanges amid hurdles

KL to start futures exchanges amid hurdles KUALA LUMPUR (AFP): Malaysia will proceed to launch two financial futures exchanges by year's end despite being jolted by the downfall of British merchant bank Barings plc due to failed derivative deals, officials said yesterday.

RP cuts duties on cement

RP cuts duties on cement MANILA (AFP): Philippine President Fidel Ramos cut yesterday import duties on cement and cement clinker, opening the market further to imports amid a property boom, the presidential palace said.

Ramos visits Netherlands

Ramos visits Netherlands AMSTERDAM (AFP): President Fidel Ramos of the Philippines began yesterday a three-day official visit to the Netherlands which officials said would be devoted largely to economic issues.