Indonesian Political, Business & Finance News

Archive: 25 April 1995

45 articles found

'Tempo' trial adjourned

<p>'Tempo' trial adjourned</p><p> JAKARTA (JP): A trial pitting ex-Tempo magazine employees against Minister of Information Harmoko was adjourned yesterday because the court secretary in charge of dossiers has left for Mecca for the haj pilgrimage.

Private firms to help with parking

<p>Private firms to help with parking</p><p> JAKARTA (JP): The city parking authority, BP Parkir, has asked private companies to cooperate in managing parking in the city in an effort to increase the city's revenues from parking.

Asia lures U.S. investors

<p>Asia lures U.S. investors</p><p> SINGAPORE (AFP): Investors from the United States are being increasingly drawn to Asian firms they feel offer better growth opportunities than U.S. companies, the New York Stock Exchange (NYSE) president said in remarks published yesterday.

Weak dollar could affect SE Asia

<p>Weak dollar could affect SE Asia</p><p> SINGAPORE (AFP): Southeast Asia's fast-growing economies could face problems requiring policy adjustments if the U.S. dollar persists at current weak levels, a report on the outlook for regional currencies has warned.

NAM must play more active role

<p>NAM must play more active role</p><p> Indonesia is currently hosting the 40th anniversary commemoration of the Asia-Africa Conference as well as the Non- Alignment Movement's ministerial meeting.

24 houses gutted by fire

<p>24 houses gutted by fire</p><p> JAKARTA (JP): Twenty four houses were gutted by fire, believed to have been caused by a short circuit, on Jl. Kapuk Raya in Penjaringan district, North Jakarta, on Saturday.

City to form subway management unit

<p>City to form subway management unit</p><p> JAKARTA (JP): Governor Surjadi Soedirdja said yesterday that city administration is currently preparing the establishment of a project management unit to be in charge of handling construction of Indonesia's first subway system.

Soeharto warns of new dangers

<p>Soeharto warns of new dangers</p><p>By Meidyatama Suryodiningrat</p><p> BANDUNG (JP): President Soeharto and United Nations Secretary General Boutros Boutros-Ghali warned yesterday of the mutation of old threats into new dangers confronting the world.

UN chief pragmatic on abolishing veto rights

<p>UN chief pragmatic on abolishing veto rights</p><p>By Santi WE Soekanto</p><p> BANDUNG (JP): United Nations Secretary-General Boutros Boutros-Ghali appears to be taking a pragmatic stance on growing demands for the abolition of veto rights in the UN Security...

Mahathir aims to retain post for his 'Vision 2020' plan

<p>Mahathir aims to retain post for his 'Vision 2020' plan</p><p>By Bill Tarrant</p><p> KUALA LUMPUR (Reuter): Malaysian Prime Minister Mahathir Mohamad once joked at an international business conference in Kuala Lumpur: "If you can't be famous, at...

Roy leads in Formula Asia opening leg

<p>Roy leads in Formula Asia opening leg</p><p> JAKARTA (JP): Indonesia's Roy Haryanto reigned during the opening leg of the Formula Asia championship series on Sunday, winning both races staged at Sentul circuit to achieve the lead position.

Crumbling infrastructure is hindering in Vietnam

<p>Crumbling infrastructure is hindering in Vietnam</p><p>By Dean Yates</p><p> HANOI (Reuter): Whether it's the potholes on Highway One or power lines dangling from city lamp-posts, crumbling infrastructure is holding back communist Vietnam's efforts to join...

Library books needed

<p>Library books needed</p><p>From Suara Karya</p><p>I am glad to inform readers that the Kolontobo village, East Flores regency, East Nusa Tenggara, has established a public library and a bulletin board.</p><p>We would like to enlarge our book collection.

TV today

<p>TV today</p><p>TVRI</p><p> 2:30 p.m. TV Series: Hassai Sensei 3:05 Children's Program 3:30 TV Series: Willing And Abel 4:30 Science Program 5:00 Regional News 5:30 English Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Economy Program...

Tokyo keeps low profile on Clinton's remarks

<p>Tokyo keeps low profile on Clinton's remarks</p><p>By Pierre-Antoine Donnet</p><p> TOKYO (AFP): Despite widespread outrage over remarks by U.S. President Bill Clinton justifying the use of the atom bomb on Japan during World War II, the Japanese government has...

East beats West in all-star war

<p>East beats West in all-star war</p><p> JAKARTA (JP): The booters chosen to represent the West Division of the Indonesian league were upset 5-4 by the East Division in an all star match in the Senayan stadium last Sunday.

Pirates kill fisherman

<p>Pirates kill fisherman</p><p> SAMARINDA, East Kalimantan: Pirates shot and killed a fisherman in the Balanciko sea near Nunukan last weekend, police said yesterday.</p><p>Spokesman for the Nunukan police precinct, Sgt.

Indonesia well prepared for World Archery C'ship

<p>Indonesia well prepared for World Archery C'ship</p><p> JAKARTA (JP): D.M. Lovo, the vice president of the world archery body, FITA, expressed satisfaction yesterday at Indonesia's preparations for hosting the World Archery Championships.

'Terima kasih sekali'

<p>'Terima kasih sekali'</p><p> Today this newspaper celebrates its 12th anniversary. For many newspapers in developed countries, 12 year of existence is, perhaps, no big deal. It would be just like coming of age.

Astra's net profit rose 110% last year

<p>Astra's net profit rose 110% last year</p><p> JAKARTA (JP): Astra International, the second largest business group in the country, booked a 110 percent increase in its consolidated net profits last year to over Rp 279 billion (US$126.8 million) from Rp 132.

Digital cordless phone service to be launched July

<p>Digital cordless phone service to be launched July</p><p> JAKARTA (JP): PT Telepoint Nusantara, a new private telecommunications company, will launch in July its digital cordless telephone (CT-2) service, which has been labeled the second generation of the mobile telephone...

University neutral in nuke fray

<p>University neutral in nuke fray</p><p> SEMARANG, Central Java: Diponegoro University has pledged neutrality in the burning controversy over the government's plan to build nuclear power plants on Mount Muria, Jepara.

RP suspects rebels' hand in Ipil

<p>RP suspects rebels' hand in Ipil</p><p> MANILA (AFP): The Philippine defense chief yesterday said a Moro rebel group engaged in a truce with the government was losing commanders to fundamentalism, and some of them may have joined the bloody sacking of a town this month.

Where to go in Jakarta:

<p>Where to go in Jakarta:</p><p>Music</p><p> * 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.

Mayor lifts sanctions against Concord 2000

<p>Mayor lifts sanctions against Concord 2000</p><p> JAKARTA (JP): East Jakarta Mayor Sudharsono has lifted the administrative penalty imposed on PT Quartalintas Sembada, the developer of the Concord 2000 housing complex in East Jakarta, after the company signed an agreement with...

German car joins ATP sponsorship

<p>German car joins ATP sponsorship</p><p> JAKARTA (JP): A leading German automaker, Mercedes Benz, has joined other big international companies to sponsor the Association of Tennis Professionals' (ATP) Tour men's tennis tournaments worldwide, starting next year.

Village chief defrauds haj

<p>Village chief defrauds haj</p><p> BEKASI (JP): The chief of the Sukaragam village in Serang district, Bekasi, H.M. Atang, who defrauded 40 villagers of their haj pilgrimage fees, has tendered his resignation, promising that he will give back the money to the prospective...

Ex-minister launches memoirs

<p>Ex-minister launches memoirs</p><p> JAKARTA (JP): Commemorating his 50th wedding anniversary, Oei Tjoe Tat, a former minister under Indonesia's first president Sukarno, launched his book of memoirs depicting his governmental service and his 11-year prison term under the...

Telephone service

<p>Telephone service</p><p> Hardly a day passes without our reading in your most excellent journal of the continuing efforts of PT Telkom to stake its claim to become an international giant. Perhaps it deserves to win this accolade in the near future.

Bali drug dealer to go on trial

<p>Bali drug dealer to go on trial</p><p> DENPASAR, Bali: Police said yesterday that the investigation into a suspected drug dealer is near completion and the dossier will be transferred to court soon.

Ansaldo's Kalina Cycle

<p>Ansaldo's Kalina Cycle</p><p> JAKARTA (JP): Ansaldo Energia, a giant manufacturer of power generation equipment from Italy, has introduced here the Kalina Cycle process, a new technology based on water ammonia mixture, in a further move to strengthen its position as the...

Graffiti

<p>Graffiti</p><p>From Bisnis Indonesia</p><p>Teenagers continuously draw graffiti with aerosol paint. They paint graffiti on the pedestrian bridge at Jl. Jend. Suprapto, Cempaka Putih, Central Jakarta. They operate at night when the traffic is quiet.

Prison island's security tightened

<p>Prison island's security tightened</p><p> CILACAP, Central Java: The authorities plan to tighten the security of Nusa Kambangan, a prison island that will be developed into a tourist destination.

Russian circus stranded in RP

<p>Russian circus stranded in RP</p><p> MANILA (AFP): Fifteen members of a Russian circus troupe and 21 circus animals have been stranded in the southern Philippine city of Davao after their Filipino promoter abandoned them, the official Philippine News Agency (PNA) said.

Worthy news items

<p>Worthy news items</p><p> I am a regular reader of The Jakarta Post for the past two years. Of late, I notice not only unwanted news items like Pets allowed: Cows stands.....as indifferent Indians walk casually by....

Laptop computer

<p>Laptop computer</p><p> I have a question for fellow The Jakarta Post readers who are also laptop or Notebook users.</p><p>I bought a NEC Versa S/33 in the USA recently and used it with much bliss and joy over there.

14th National Games budget estimated at Rp 26.5 billion

<p>14th National Games budget estimated at Rp 26.5 billion</p><p> JAKARTA (JP): The organizing committee of the 14th National Games (PON) has estimated their budget for the country's biggest sporting meet at Rp 26.

China sends message to mark Bandung fete

<p>China sends message to mark Bandung fete</p><p> BEIJING (AFP): Chinese Premier Li Peng, in a message of congratulation on the 40th anniversary of the Asia-Africa Conference, stressed yesterday the importance of the "Bandung Spirit" to fight hegemonism.

PT Paiton secures $1.82b deal for East Java project

<p>PT Paiton secures $1.82b deal for East Java project</p><p> JAKARTA (JP): Indonesia's infrastructure privatization drive has received a major boost as the country's first major private power project, owned by PT Paiton Energy Company (PEC), closed an...

Stocks Exchange

<p>Stocks Exchange</p><p>Share prices on the Jakarta Stock Exchange (in rupiah) on April 24, 1995:</p><p> Trading Share Close Change volume ------------------------------------------------------ ADES ALFINDO 2,725 50 2,500 AHAP INSURANCE 3,300 0 ALUMINDO PERKASA 1,100...

Foreign investment rose to US$12.9b: Sanyoto

<p>Foreign investment rose to US$12.9b: Sanyoto</p><p> JAKARTA (JP): Minister of Investment Sanyoto Sastrowardoyo said yesterday that foreign investment approvals during the first three months of this year reached US$12.9 billion.

Singapore, Laos sign air accord

<p>Singapore, Laos sign air accord</p><p> SINGAPORE (AFP): Singapore and Laos signed an air services agreement here Monday as Laotian Prime Minister Khamtay Siphandone began a four-day visit aimed at promoting bilateral economic ties.

Environmental disputes: New options

<p>Environmental disputes: New options</p><p> JAKARTA (JP): Legal practitioners and environmental activists agreed yesterday on the need to supplement the court system with alternative means of resolving environmental disputes.

RI, Canadian rights bodies link up

<p>RI, Canadian rights bodies link up</p><p> JAKARTA (JP): Leaders of human rights commissions from Indonesia and Canada met yesterday to discuss possible cooperation in their work.</p><p>Ali Said, the chairman of Indonesia's National Commission on Human Rights,...

TVRI

<p>TVRI</p><p> I refer to my letters in The Jakarta Post (March 23 and 28, 1995) on TVRI, which have not drawn any response from TVRI.</p><p>Some organizations or government bodies make it a point to reply to questions or comments made by your readers.