Indonesian Political, Business & Finance News

Archive: 22 May 1995

40 articles found

New rule wreaks havoc on Iran currency market

New rule wreaks havoc on Iran currency market TEHRAN (AFP): Iran's currency exchange market was left in confusion on Saturday following the introduction of tough new government measures to try to tackle the country's economic crisis.

'Yogya Post' reappears

'Yogya Post' reappears YOGYAKARTA: The Yogya Post daily, which stopped publishing in 1992 because of financial difficulties, has resumed as a weekly with a circulation of 10,000. Yahya Ombara, president of the daily's publisher PT Citra Masa Kini, said on Saturday that the paper plans to appear...

TV today

TV today TVRI 2:30 p.m. TV Series: Voltron 3:00 Children's Program 3:30 TV Series: Unsolved Mysteries 4:30 School Quiz: Cepat Tepat 5:00 Regional News 5:30 Family Program 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 Hankamnas 7:00 Evening News 7:30 TV Drama 8:05 TV Series: Santa...

Ethnic tension rising in Chinese province

Ethnic tension rising in Chinese province KUQA, China (AFP): Officials in Xinjiang sing a sweet song with a repetitive refrain -- that life among four dozen ethnic groups that make up China's far northwestern province is one of untroubled harmony.

Vietnam to make Reebok

Vietnam to make Reebok HANOI (AFP): A Ho Chi Minh City shoe manufacturer has signed a US$7million deal with U.S.-firm Reebok to produce 650,000 pairs of sports shoes for the U.S. market, a news report said yesterday. The first consignment of Vietnamese-made Reeboks -- made by Hiep Hung Shoe Co.

Apartment blocks to become hotels

Apartment blocks to become hotels JAKARTA (JP): Four money-losing apartment complexes in Jakarta are to be converted into hotels in a bid to make them more profitable, according to an official of the Ministry of Tourism, Post and Telecommunications.

RI loses to China in Sudirman Cup

RI loses to China in Sudirman Cup LAUSANNE, Switzerland (Agencies): China celebrated its return to the badminton world's top spot with a victory in the Sudirman Cup mixed team final against hot favorite Indonesia.

Apartments for factory workers

Apartments for factory workers JAKARTA (JP): The Tangerang administration is currently developing low cost apartments for factory workers at Alam Jaya village. Tangerang Mayor Djakaria Machmud laid the cornerstone marking the start of the construction of the apartments on Saturday.

Profit-taking sends prices down on JSX

Profit-taking sends prices down on JSX JAKARTA (JP): The Jakarta Stock Exchange (JSX) failed to sustain its upward momentum last week, following heavy bouts of profit-taking during the early part of the week. The JSX Composite Index lost 2.82 points (0.6 percent) to close the week at 458.71.

Major polluters' names to be announced: Sarwono

Major polluters' names to be announced: Sarwono SOLO, Central Java (JP): Minister of Environment Sarwono Kusumaatmadja promised on Saturday to announce next month the names of 200 major industries which pollute the environment.

Amien tells Moslems not to be easily provoked

Amien tells Moslems not to be easily provoked SEMARANG (JP): Moslems should be more discerning and not be drawn into polarizing debates on sensitive issues such as human rights and social gaps, a prominent Moslem leader said yesterday.

Student regiments' field work

Student regiments' field work JAKARTA (JP): Twenty-four members of Jakarta student regiments have finished three-month's field work in East Timor. They were received by chief of staff of the Jakarta Military Command Brig. Gen. Sutiyoso in Jakarta over the weekend.

Britain's Saunders earns top spot in Formula Asia

Britain's Saunders earns top spot in Formula Asia JAKARTA (JP): Britain's Brian Saunders regained top position in the Formula Asia auto racing championship yesterday at the Sentul circuit in West Java as strong challengers scrambled with engine problems.

Appointed legislators

Appointed legislators From Suara Karya There has been much discussion about the legislators who hail from the Armed Forces. As we know, 100 armed forces members are appointed as legislators. The problem, in my opinion, is not whether the number should be reduced or not, but their commitment to the...

Mutiari

Mutiari Mutiari, the first victim of the mistrial in the Marsinah murder case and whose story appeared on this page on May 20, was not dragged into an armored vehicle by the officer who arrested her but into a van. -- The Editor

Hariyanto to take on mighty Joko in world c'ships

Hariyanto to take on mighty Joko in world c'ships LAUSANNE, Switzerland (AFP): Indonesia's top seed Hariyanto Arbi has an early test against 1993 winner and compatriot Joko Suprianto in this year's world badminton championships.

Negligence causes fire

Negligence causes fire AMBON, Maluku: A city shopping center caught fire on Saturday night, destroying two shops and a billiard hall,Antara reported yesterday. It took five fire trucks more than an hour to put out the blaze. Chief of Ambon police precinct Lt. Col.

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.

Australian attitudes to Indonesian reviewed

Australian attitudes to Indonesian reviewed By Rob Goodfellow WOLLONGONG, New South Wales (JP): A finding of my research about how little Indonesia is known in Australia was published in The Jakarta Post in November last year.

Enteos Club reopens after 6-month hiatus

Enteos Club reopens after 6-month hiatus JAKARTA (JP): The Enteos Bankers' and Industrialists' Social Club, an exclusive club which has 1,087 members, mostly prominent bankers and industrialists, is back in business after six months of inactivity.

Implementation of Constitution discussed

Implementation of Constitution discussed JAKARTA (JP): Observers have bemoaned shortcomings in the implementation of the 1945 Constitution, including the concentration of capital in the hands of a privileged few.

BNI to float shares

BNI to float shares JAKARTA (JP): State-owned Bank Negara Indonesia (BNI) has announced that it will offer shares to the public by next year. "Minister of Finance Mar'ie Muhammad has agreed to this plan and we expect BNI to float its shares by 1996," Winarto Soemarto, the bank's president, was...

Vietnam gets help with English for ASEAN countries

Vietnam gets help with English for ASEAN countries HANOI (Agencies): Friendly governments are helping Vietnamese officials learn English before the country becomes a member of the Association of Southeast Asian Nations (ASEAN) in July, diplomats said yesterday.

Pluit to have mega-mall by end of year

Pluit to have mega-mall by end of year JAKARTA (JP): Megamall Pluit, a new exclusive shopping center being built at a cost of about US$100 million in Pluit, North Jakarta, is scheduled to open this December.

Golkar for review of Tapornas

Golkar for review of Tapornas JAKARTA (JP): Golkar chairman Harmoko said that the government's plan to fund-raise for national sports development with a savings scheme next year should be studied and discussed in the House of Representatives and with mass organizations.

Bambang Wiyogo elected as new Hipmi chairman

Bambang Wiyogo elected as new Hipmi chairman JAKARTA (JP): Executives of the Association of Indonesian Young Businessmen (Hipmi) elected Bambang Atmanto Wiyogo, son of former Jakarta governor Wiyogo Atmodarminto, as the association's chairman for the 1995 to 1998 term at the end of their congress...

The go-nuclear issue

The go-nuclear issue Last Friday, for the third time in six months, a public debate on nuclear energy organized by the Indonesian Forum for the Environment (Walhi) was canceled. This was reportedly because the Ministry of Home Affairs refused to issue a recommendation for the organizers to enable...

Student on silence and hunger strike

Student on silence and hunger strike JAKARTA (JP): A student entered his second day of hunger and silence strike on Saturday at the University of Indonesia's campus in Depok, in protest of various human rights abuses. He began the strike on Friday at the House of Representatives building.

'Rice fields not to disappear'

'Rice fields not to disappear' JAKARTA (JP): Governor Surjadi Soedirdja says that the rapid development of the capital is not being carried out at the expense of rice fields. The governor made the remark in a speech on Friday to mark the beginning of the harvest of rice planted under an agriculture...

Govt pressed to ban imports of toxic waste

Govt pressed to ban imports of toxic waste JAKARTA (JP): Seventeen environmental, consumer and legal aid organizations joined hands this weekend to pressure the government to reimpose the total ban on importing toxic and hazardous waste.

Promotion of democracy hits obstacle: Scholar

Promotion of democracy hits obstacle: Scholar YOGYAKARTA (JP): Efforts to strengthen the House of Representatives as the pillar of democracy in Indonesia have hit a wall, an academic says. Ichlasul Amal of Gadjah Mada University said during a seminar last week that the House's internal rules are...

Traffic chaos

Traffic chaos From Media Indonesia It would be more appropriate to welcome the "National Discipline Movement" by first focusing our attention on the traffic problem. In spite of the traffic lights, traffic continues to be congested at several intersections like Jl.

Publishers insist on lower book prices

Publishers insist on lower book prices JAKARTA (JP): Soaring newsprint prices have forced publishers to once again pressure the government to exempt books from numerous taxes in order to make books affordable.

Economic plan for Mindanao

Economic plan for Mindanao ZAMBOANGA, Philippines (Reuter): President Fidel Ramos yesterday launched a 15-year development plan for the Philippines' most politically volatile region but said it had little chance of success unless Moslem extremism was curbed.

Relations with Israel

Relations with Israel From Prospek Opening diplomatic channels with Israel would be tantamount to an unconstitutional act since our Constitution is against any form of colonialism and imperialism. If we do this, it means that we indirectly approve of and support Israel's imperialism against the...

DBS Bank opens branch

DBS Bank opens branch SHANGHAI (AFP): DBS Bank, one of Singapore's Big Four banks, officially opened a branch office here Saturday, becoming the 35th foreign financial institution to do so in China's financial center.

26 people injured in quake-hit C. Sulawesi

26 people injured in quake-hit C. Sulawesi JAKARTA (JP): The number of people injured in a weekend earthquake in the Central Sulawesi capital of Palu has reached 26. The earthquake, measuring 5.8 on the open-ended Richter scale, also damaged or destroyed hundreds of buildings.

Indovision

Indovision Correction: The eighth paragraph of an article on Indovision on Page 9 of the Saturday edition should have read: In order to relay the programs, subscribers need to own a parabola antenna and a decoder worth Rp 1.24 million (US$559) -- instead of Rp 4.35 million, as printed.

Korean man makes maid sex model

Korean man makes maid sex model SEMARANG, Central Java: The provincial legislative council is taking reports that a Korean worker has photographed his maid in the nude seriously. The council has called for an investigation into the reports that have been circulating among local newspapers.

Results of research

Results of research From Kompas I was saddened to read the report about Dr. Mochtadi in Semarang, Central Java (Kompas, May 13, 1995). He will be stripped of his position because he unveiled the outcome of his research on the sexual behavior of teenagers in Semarang.