Indonesian Political, Business & Finance News

Archive: 11 May 1995

40 articles found

PM Goh makes visit to China

PM Goh makes visit to China SINGAPORE (Reuter): Singapore Prime Minister Goh Chok Tong will make a working visit to China for 10 days from today to meet his Chinese counterpart, Li Peng, and other Chinese leaders.

Mulia expects robust growth in 1995 sales

Mulia expects robust growth in 1995 sales JAKARTA (JP): Mulia Industrindo, a manufacturer of glass and ceramic tiles, listed on the Jakarta and Surabaya stock exchanges, expects a sharp increase in sales this year on higher demand and production capacities, an executive of the company said.

Freeport cuts aid for BLK

Freeport cuts aid for BLK JAYAPURA, Irian Jaya: PT Freeport Indonesia, a Jayapura-based gold and copper mining company, recently stopped financing a local vocational training center, known as BLK. In a ceremony marking the closing of the fifth training session Tuesday, an official of the company...

Kadin and Golkar launch credit guarantee fund

Kadin and Golkar launch credit guarantee fund JAKARTA (JP): The Indonesian Chamber of Commerce and Industry (Kadin) together with the ruling Golkar party have established a credit guarantee fund with a planned initial paid-up capital of Rp 50 billion (US$22.5 million).

More universal environmental laws urged

More universal environmental laws urged JAKARTA (JP): A University of Indonesia law expert is calling for more universal environmental legislation to stop countries from using strict environmental rules as a way of protecting their local industries against foreign competition.

Garment companies hit with strike to reopen

Garment companies hit with strike to reopen JAKARTA (JP): Two garment companies, PT Rajabrana and PT Wisindo Agung, which stopped activities following a week-long labor strike, have agreed to begin operations again and employ all workers, a senior official said on Tuesday.

East Timorese talks to be held in June

East Timorese talks to be held in June UNITED NATIONS (AFP): Reconciliation talks between pro- and anti-Indonesian East Timorese will be held in Austria next June 2-5, the United Nations announced on Tuesday.

Dutch team to confirm agenda

Dutch team to confirm agenda JAKARTA (JP): The All Indonesia Soccer Association (PSSI) has yet to appoint a national team to take on the Dutch First Division club PSV Eindhoven, PSSI's secretary-general Soeparjo Pontjowinoto said on Tuesday.

Military urges PDI to solve conflict through dialog

Military urges PDI to solve conflict through dialog JAKARTA (JP): The Armed Forces (ABRI) has appealed to the bickering camps within the Indonesian Democratic Party (PDI) to resolve their differences through dialog. Maj. Gen.

Prose writing competition

Prose writing competition The Prose Writing & Poetry Reading Competition that was held on May 6, 1995, at Pusat Dokumentasi Sastra HB. Yassin, TIM was not decided by the Joint Committee of PT Gramedia Multi Utama, Ikatan Pengajar Indonesia di Sekolah International (IKAPINSI), and Lembaga Antar...

Idul Adha security

Idul Adha security JAKARTA (JP): The North Jakarta police precinct deployed 499 police officers to safeguard security during the commemoration of the Islamic Day of Sacrifice (Idul Adha) yesterday. Col.

Chinese president to visit Seoul

Chinese president to visit Seoul BEIJING (Reuter): Jiang Zemin will visit Seoul in November, the first Chinese president to go to South Korea, a sign of warming relations with the South and worsening ties with the North.

University's programs closed

University's programs closed JAKARTA (JP): The Ministry of Education and Culture has ordered the University of North Sumatra (USU) in Medan to close two degree programs after two years of operation because they were introduced without Jakarta's permission.

Oki to face 5-year imprisonment

Oki to face 5-year imprisonment JAKARTA (JP): Public Prosecutor Abdul Muis Gassing demanded at the South Jakarta District Court on Tuesday that Harnoko Dewantoro, alias Oki, be sentenced to five years imprisonment for falsifying passports and repeatedly using more than one passport.

Jailed Xanana has medical checkup

Jailed Xanana has medical checkup JAKARTA (JP): Jailed East Timor guerrilla leader Jose Alexandre "Xanana" Gusmao left the Cipinang Correctional Institution on Tuesday for a medical checkup, a senior Ministry of Justice official announced. "There was nothing special about it.

Stock Exchange

Stock Exchange Share prices on the Jakarta Stock Exchange (in rupiah) on May 9, 1995 Trading Shares Close Change Volume ------------------------------------------------------ ADES ALFINDO 2,150 -575 1,000 AHAP INSURANCE 3,300 0 ALUMINDO PERKASA 1,100 0 ANDAYANI MEGAH 2,150 75 149,000 ANEKA KIMIA...

Set lower paper prices for textbooks: Tunky

Set lower paper prices for textbooks: Tunky JAKARTA (JP): Minister of Industry Tunky Ariwibowo called on local pulp and paper producers Tuesday to set lower prices for paper used for the production of textbooks.

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.

Assistance for transmigrants

Assistance for transmigrants JAKARTA (JP): The city administration is providing Rp 500,000 (US$227.27) for each Jakarta family intending to transmigrate to the outer islands voluntarily. Haryo K.W., head of the Jakarta office of the Ministry of Transmigration, told reporters that the fund includes...

Labor union honors Marsinah

Labor union honors Marsinah JAKARTA (JP): The All-Indonesia Workers Union (SPSI) has declared May 9 a national day opposing violence against workers in honor of Marsinah, the murdered labor activist. "Beginning this year, May 9 will be marked as a day of anti- violence.

Multi Bintang will build new brewery

Multi Bintang will build new brewery JAKARTA (JP): PT Multi Bintang Indonesia, one of the major brewers in Indonesia, plans to set up a new brewery in East Java next year in a bid to further strengthen its market footholds in the country.

Idul Adha celebrated nationwide

Idul Adha celebrated nationwide JAKARTA (JP): Millions of Moslems here celebrated the Islamic Day of Sacrifice yesterday with solemn prayers in mosques and in fields, and with the slaughtering and distributing of livestock to the poor.

Garbage coupon expected to help raise revenues

Garbage coupon expected to help raise revenues JAKARTA (JP): City administration is confident that the implementation of a garbage coupon system, effective as of last month, will substantially raise city revenues from the sanitation sector. Helmy A.R.

Expert questions use of multiple choice tests

Expert questions use of multiple choice tests JAKARTA (JP): A senior education expert is questioning the effectiveness of using multiple choice tests to assess the intelligence and capability of students.

Nissan, Salim Group set up car venture

Nissan, Salim Group set up car venture TOKYO (AFP): Japan's Nissan Motor Co. Ltd. announced Tuesday plans to set up a 3.4-billion-yen (US$40 million) car assembly venture in Indonesia with local group Salim and Japanese trading house Marubeni Corp.

Integrated service system plan

Integrated service system plan JAKARTA (JP): Deputy Governor for Administrative Affairs Idroes said on Tuesday that he will order all of the capital's five mayors to establish an integrated service system for processing building permits.

Hydropower plant damaged

Hydropower plant damaged BENGKULU, Bengkulu: The local office of the state electricity company, PLN, has announced there will be power blackouts in parts of the province in the next few months. The blackouts will occur on a rotating basis pending completion of repairs to the main hydropower plant...

Firm to build oil refinery

Firm to build oil refinery JAKARTA (JP): PT Asia Pasifik Petroleum Indonesia, a British- Indonesian joint venture led by businessman Bambang Trihatmodjo, will start construction of an oil refinery in East Java in 1997. Company president Soedradjat P.K.

Agro-tourism attracts Seattle businessmen

Agro-tourism attracts Seattle businessmen SURABAYA, East Java: A number of businessmen from Seattle, United States, have reportedly expressed interest in investing in developing agro-tourism here. Governor Basofi Sudirman said on Tuesday that, the businesses also wished to export coffee, cocoa,...

Ministry warns RI's biggest pulp maker

Ministry warns RI's biggest pulp maker JAKARTA (JP): Minister of Forestry Djamaludin Suryohadikusumo said on Tuesday his office has sent a warning to the listed PT Indah Kiat Pulp and Paper, Indonesia's biggest pulp manufacturer, regarding the company's management of its forest concessions.

Two jailed for attack on teenager

Two jailed for attack on teenager BANDUNG: The local district court sentenced one men on Monday to six years for raping a teenager and another to four years imprisonment for attempting to rape the same girl.

Soeharto approves Harmoko's appeal

Soeharto approves Harmoko's appeal JAKARTA (JP): Minister of Information Harmoko says he has the full support of President Soeharto in his move to appeal against a court ruling which found his decision to close down Tempo weekly news magazine last year to be unlawful.

Property tax

Property tax From Kompas I would like to have some information as to how the Directorate General of Taxes sets the amount of the property tax (PBB) that I am supposed to pay annually. In 1993 my PBB was fixed at RP 297,480. In 1994 this figure went up to Rp 382,180, which is an increase of 28.

Not over yet

Not over yet Marsinah, the murdered labor activist, is long gone. But her specter, raised once again last week when the Supreme Court exonerated seven people previously convicted of complicity in the crime, may be with us for a long time to come.

Albert advances to last eight in boxing c'ships

Albert advances to last eight in boxing c'ships JAKARTA (JP): Indonesian middleweight Albert Papilaya outscored Kyrgyzstan's Malik Borbaschev 8-1 during the preliminary round of the world amateur boxing championships in Berlin on Tuesday.

Police to keep open mind about Marsinah case

Police to keep open mind about Marsinah case JAKARTA (JP): The police force will be open minded in renewing the investigation into the murder of labor activist Marsinah and will use every piece of material evidence available to resolve the mystery of who killed her in May 1993.

Army captain's name will be restored

Army captain's name will be restored JAKARTA (JP): East Java's military commander has promised to restore the name of a convicted Army officer after serving nine months in jail for being an accomplice to the murder of labor activist Marsinah. Maj. Gen.

Three nabbed for drug trafficking

Three nabbed for drug trafficking DENPASAR, Bali (JP): Police arrested three Balinese men suspected of drug trafficking in three separate raids at Kuta Beach last Sunday. Lt. Col. Lalu Budiardja, the spokesman for the Nusra Police, said one of the men was a tourist guide and the other was an...

Thai pledges KO victory

Thai pledges KO victory JAKARTA (JP): Jodsingh Sarina of Thailand vowed to make short work of Indonesian Nico Thomas in their bout for the vacant Orient and Pacific Boxing Federation mini flyweight championship title at the Senayan Basketball Hall tonight. "I will stop Nico in the seventh round.

RI teams on way to W. Youth Cup finals

RI teams on way to W. Youth Cup finals JAKARTA (JP): Indonesian boys' and girls' tennis teams improved their chances of advancing to the World Youth Cup tennis team championship finals with well-deserved victories on the second day of their Asia Oceania qualifying round matches at Senayan yesterday.