Indonesian Political, Business & Finance News

Archive: 17 May 1995

44 articles found

Yogie denies ban on Megawati in E. Java

Yogie denies ban on Megawati in E. Java JAKARTA (JP): Minister of Home Affairs Moch Yogie S.M. yesterday denied allegations that Megawati Soekarnoputri, the chairperson of the Indonesian Democratic Party (PDI), has become a persona non-grata in East Java.

Hoodlums and poverty

Hoodlums and poverty From Gatra The authorities have been trying to curb hoodlum activity around the country, a move much hailed by society at large. Many people want the complete removal of this "predator" species from Indonesian soil.

NPT extension shows domination of power

NPT extension shows domination of power By Meidyatama Suryodiningrat JAKARTA (JP): Despite some minor gains for the non-nuclear nations, the recent review conference which permanently extended the Nuclear Non-Proliferation Treaty (NPT) reflects the nuclear powers' continued haughty domination of...

Students warned on national unity

Students warned on national unity DEPOK, West Java (JP): Minister of Information Harmoko warned students yesterday against printing articles in campus publications which could harm national unity. Opening a journalistic training program for students from various institutions being held at the...

Permadi and Bintang cases

Permadi and Bintang cases From Sinar The Permadi and Sri Bintang Pamungkas cases are new phenomena in our social and political life. Permadi was accused of making a blasphemous statement regarding the Prophet Mohammad, and Sri Bintang was accused of organizing and supplying materials for a...

Sampoerna sets up firm

Sampoerna sets up firm JAKARTA (JP): PT HM Sampoerna, a major cigarette producer listed on the Jakarta Stock Exchange, will set up a subsidiary, to be called Sampoerna International, in Singapore to promote its exports to South East Asian countries, a company executive said.

U.S. dollar mixed on Asian marts

U.S. dollar mixed on Asian marts SINGAPORE (AFP): The U.S. dollar finished stronger in Singapore trading yesterday despite some profit-taking after it clawed back from historic lows to recover against the yen and the mark, dealers said.

Firm told to act on Bira Island

Firm told to act on Bira Island JAKARTA (JP): State Minister of Environment Sarwono Kusumaatmadja instructed PT Pulau Seribu Paradise, the developer of a golf course on Bira Island, North Jakarta, to audit the island's environment.

Consortium prevails in Kanindotex takeover

Consortium prevails in Kanindotex takeover JAKARTA (JP): The protracted saga of the Kanindotex Group takeover ended last night as a consortium lead by businessman Bambang Trihatmodjo, President Soeharto's second son, secured all of the troubled textile group's controlling shares as well as its...

US$38m from EU for Leuser Park

US$38m from EU for Leuser Park JAKARTA (JP): The European Union has pledged to provide US$38 million to support Indonesia's efforts to save the Leuser National Park in Aceh, Minister of Forestry Djamaludin Soeryohadikusumo said yesterday.

Australian doubles team steady on road to Jakarta

Australian doubles team steady on road to Jakarta JAKARTA (JP): The Australian doubles team of Todd Woodbridge and Mark Woodforde proved to be hot contenders for the Association of Tennis Professionals World Doubles Championship finals after their successful title defense in Pinehurst over the...

Spotlight

Spotlight Photo A: Fishery Japress FISHERY CONFERENCE: Thailand's Prime Minister Chuan Leek Pai (left) in deep discussion with chairman of the ASEAN Fisheries Federation J.A. Sumendap (center) and Sutara (right), head of the Indonesian delegation at the federation's conference in Bangkok last week.

Minister explains bill to reduce ABRI seats

Minister explains bill to reduce ABRI seats JAKARTA (JP): The military might lose some seats in the House of Representatives (DPR) but its socio-political role would improve, Minister of Home Affairs Moch. Yogie S.M. said yesterday.

Five killed in road accident

Five killed in road accident PATI, Central Java: Five people were killed and two seriously injured when their car crashed into an oncoming truck in Margorejo near here yesterday. Eyewitnesses said the accident happened when the car zigzagged at high speed.

Formula Asia continues

Formula Asia continues JAKARTA (JP): The Formula Asia auto racing championship will resume on Saturday and Sunday at the Sentul circuit in Bogor, West Java, with a strong performance expected from Indonesia's Roy Haryanto.

Walhi sues government over mining project

Walhi sues government over mining project JAKARTA (JP): The Indonesian Forum for Environment (Walhi) filed a lawsuit yesterday against the Secretary-General of the Ministry of Mines for approving a PT Freeport environmental management plan without consulting it as a partner.

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.

Palm oil output up in KL

Palm oil output up in KL KUALA LUMPUR (AFP): Malaysia's palm oil production this year is expected to be boosted by favorable weather to 7.8 million tons, or about 8.3 percent more than last year's 7.2 million tons, officials said yesterday.

Fire destroys 17 shops

Fire destroys 17 shops PONTIANAK, West Kalimantan: Fire gutted 17 shops in the Siantan shopping center on Monday, police said yesterday. The fire started from a shop belonging to Sukartoni at 12 p.m. It rapidly spread due to the blowing wind under the scorching sun, said the spokesman for the West...

Iraqi VP begins visit in Indonesia

Iraqi VP begins visit in Indonesia JAKARTA (JP): Iraqi Vice President Taha Yassin Ramadhan launched straight into talks with his Indonesian counterpart Try Sutrisno only a few hours after his arrival yesterday.

ABRI urged to probe Marsinah case

ABRI urged to probe Marsinah case SEMARANG (JP): A human rights campaigner urged the military yesterday to investigate the allegations that some of its members may have been involved in the 1993 murder of labor activist Marsinah.

India tries to promote trade among South Asian states

India tries to promote trade among South Asian states Weary of the reputation it has earned of being a regional bully, India is trying to change its big brother image by promoting trade. Mahesh Uniyal of Inter Press Service reports.

Star TV to air Asian PGA Tour

Star TV to air Asian PGA Tour HONG KONG (Reuter): The Asian PGA Tour said yesterday it had signed a 10-year deal with Hong Kong-based Star TV for the broadcast of a one-hour highlight show of the tour's 20-event schedule.

Manila flooded by rains

Manila flooded by rains MANILA (Reuter): Torrential rains flooded low-lying areas of Manila and triggered mudflow alerts in towns at the foot of the simmering Mount Pinatubo volcano in the northern Philippines, officials said yesterday.

Clan leader demands damages

Clan leader demands damages JAYAPURA, Irian Jaya: The tribal chief of Yahim will continue to press his demand until the government pays up the compensation due for his clan's land that has been turned into the Sentani airport.

Developers have building permits: Deputy governor

Developers have building permits: Deputy governor JAKARTA (JP): The deputy governor responsible for development affairs, Idroes, yesterday refuted allegations that PT Indofica and PD Sarana Jaya housing developers have yet to secure building permits for the construction of the Palm Estate housing...

Nias to host int'l surfing championship

Nias to host int'l surfing championship JAKARTA (JP): Approximately 100 surfers from 13 countries will tame the notorious waves of Sorake beach at Nias island, North Sumatra in the second Indonesia Open international surfing championship in July.

Council tells vehicle tester to obey rules

Council tells vehicle tester to obey rules JAKARTA (JP): A private company building a vehicle testing station in Jagakarsa, South Jakarta, has been asked by councillors to comply with the city administration's standard construction coefficient (KDB).

Dili quake death toll rises to five

Dili quake death toll rises to five DILI, East Timor (JP): The death toll from Sunday's earthquake rose to five yesterday, with four more victims found in the Ermera Regency west of here. Nine other people remain unaccounted for, East Timor Police Chief Col.

Fake cooking oil producers nabbed

Fake cooking oil producers nabbed JAKARTA (JP): City Police yesterday arrested eight people for allegedly producing cooking oil illegally in a factory in Cikarang, East Jakarta. Police officer Col. Heniyoso told reporters that seven of the arrested people were believed to be the factory's workers...

Vast paddy fields inundated

Vast paddy fields inundated BARABAI, South Kalimantan: Floods triggered by incessant heavy rains have been inundating thousands of hectares of paddy fields in Hulusungai district, about 165 kilometers north of here.

Indonesia faces tough challenge in Lausanne

Indonesia faces tough challenge in Lausanne LAUSANNE, Switzerland (AFP): Indonesia's world championship dominance comes under threat from Europe's finest at this year's event beginning here today. Denmark's Poul-Erik Hoyer-Larsen and Sweden's China-born Lim Xiaoqing won the All-England...

TV today

TV today TVRI 2:35 TV Series: Muppet 3:05 Indonesia My Country 3:30 Science Program 4:30 Documentary Film 5:00 Regional News 5:30 Bahasa Indonesia Lessons 6:05 Nusantara, The Beloved Country 6:15 Village Program 6:30 Science Program 7:00 Evening News 7:30 Music 8:05 Comedy 9:00 World News 9:25...

RI embassy always on its toes with illegal workers

RI embassy always on its toes with illegal workers By Ridwan M. Sijabat KUALA LUMPUR (JP): The Indonesian embassy in Malaysia is constantly kept on its toes by the presence of hundreds of thousands of Indonesian workers in the country.

Floods devastate 11 hamlets

Floods devastate 11 hamlets PADANG SIDEMPUAN, North Sumatra: Last week's floods devastated 11 hamlets and forced the residents of another six hamlets to flee their homes. A spokesman for the Tapanuli Selatan administration Sarmadan Harahap told Antara that aside from the 11 destroyed hamlets,...

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on May 16, 1995: Shares Close Change Trading Volume --------------------------------------------------------- ADES ALFINDO 2,450 0 AHAP INSURANCE 3,300 0 ALUMINDO PERKASA 1,100 0 ANDAYANI MEGAH 2,575 75 392,500 ANEKA KIMIA RAYA...

Govt budget in deficit in 1992-1993

Govt budget in deficit in 1992-1993 JAKARTA (JP): The government's budget ran into a deficit of Rp 551.19 billion (US$247.17 million at the current rate) in 1992- 1993 due to higher-than-expected spending for development programs, Minister of Finance Mar'ie Muhammad said yesterday.

Chinese boats block RP navy ship from Spratly reef

Chinese boats block RP navy ship from Spratly reef OFF MISCHIEF REEF, the Spratlys (AFP): Two Chinese fishing boats cut across the bow of a Philippine Navy vessel escorting journalists on a controversial tour of the disputed Spratly Islands, according to pool reports of the visit.

At least 42 feared dead in Philippine ferry inferno

At least 42 feared dead in Philippine ferry inferno LUCENA, Philippines (Reuter): Forty-two people were killed when a Philippine inter-island ferry caught fire and sank early yesterday, with passengers leaping into the sea without life jackets in their panic, survivors and rescue officials said.

Junior Lee must save Singapore Telecom

Junior Lee must save Singapore Telecom By P. Parameswaran SINGAPORE (AFP): Soldier-turned-executive Lee Hsien Yang, son of statesman Lee Kuan Yew, faces the daunting task of maintaining Singapore Telecom's competitive edge as the local giant faces an erosion of its monopoly, analysts say.

RI pushes forward with peace plan

RI pushes forward with peace plan JAKARTA (JP): Indonesia will press on with its proposal to end the civil war in the former Yugoslavia despite deteriorating conditions in the field, senior diplomat Nana Sutresna said yesterday.

RP posts budget surplus

RP posts budget surplus MANILA (UPI): The Philippine Central Bank announced yesterday a budget surplus of 14.6 billion pesos (US$567 million) for the first four months of the year, or 228 percent higher than the target 6.39 billion pesos ($248 million).

Closed discos back in business

Closed discos back in business JAKARTA (JP): The owner of B-1 denied press reports yesterday that the authorities had closed his discotheque for operating after closing time and for being a site used for drug transactions, especially for the banned drug "ecstasy".

Cause for reflection

Cause for reflection In a declaration, issued on Friday May 12, at Taman Ismail Marzuki in Jakarta, signatories of the document, including W.S. Rendra, Emha Ainun Najib and Goenawan Mohamad, noted that a return appeared to have taken place to the principle of politics as the ruling power, of...