Indonesian Political, Business & Finance News

Archive: 29 May 1995

40 articles found

People want more than reduced ABRI representation

People want more than reduced ABRI representation By Syamsuddin Haris JAKARTA (JP): The Armed Forces (ABRI) have expressed its readiness to relinquish 25 of its 100 seats in the House of Representatives (DPR). The bill is being prepared and the 500- strong DPR is gearing up to pass it into an act.

Former chief justice says court intervention os perennial

Former chief justice says court intervention os perennial JAKARTA (JP): The Supreme Court is constantly under pressure from various parties trying to influence its rulings, former chief justice Purwoto S. Gandasubrata says.

NATO strikes seen as drama

NATO strikes seen as drama KUALA LUMPUR (Reuter): Malaysia's Prime Minister Mahathir Mohamad on Saturday described the latest air strikes by the North Atlantic Treaty Organization (NATO) on Bosnian Serb positions as a mere Western drama.

Curfew imposed along border

Curfew imposed along border DHAKA (AFP): Bangladesh authorities have ordered troops to shoot-on-sight and imposed an indefinite night curfew along parts of the border with India amid reports of "illegal entry of foreigners," press reports said yesterday.

Weekly Stock Exchange Review

Weekly Stock Exchange Review JAKARTA (P): The Jakarta Stock Exchange (JSX) staged a bullish performance last week, triggered by improved market sentiments on Wall Street and regional markets. The JSX Composite Index jumped 14.98 points (3.3 percent) to close at 473.69 last week.

Bouraq Airlines gets 17 new routes

Bouraq Airlines gets 17 new routes JAKARTA (JP): The government has allowed PT Bouraq Indonesia Airlines, a private airline, to add 17 new domestic and international routes in its services, a company executive said.

Furniture expo planned

Furniture expo planned JAKARTA (JP): PT Ad-House Primacipta, in cooperation with Asmindo Jakarta, will conduct an international furniture fair at the Jakarta Convention Center in November. Soedirman, president of Ad-House, said over the weekend that about 100 companies will exhibit their products...

Mar'ie inaugurates more capital ventures

Mar'ie inaugurates more capital ventures JAKARTA (JP): Minister of Finance Mar'ie Muhammad inaugurated three more capital ventures in Sumatra last week as part of the government's program to promote assistance for financially weak companies in the provinces.

Army conducts study on electoral system

Army conducts study on electoral system JAKARTA (JP): The Army Staff and Command College has launched its own study concerning the various alternatives of the general election system that Indonesia could adopt in the future, the Army Chief of Staff said. Gen.

'Dewi Yull Expose' talk show on SCTV

'Dewi Yull Expose' talk show on SCTV JAKARTA (JP): Privately-run television network SCTV will begin broadcasting a new talk show program entitled Dewi Yull Expose on Sundays at 11.30 a.m., starting June 11.

E. Jakarta mayor threatens demolition

E. Jakarta mayor threatens demolition JAKARTA (JP): East Jakarta's mayor is threatening to tear down hundreds of mansions now under construction in the Palm Estate housing complex, if PD Sarana Jaya cannot prove the governor has approved its cooperation with a private sector developer.

Traffic crackdown nets 109 bus crews

Traffic crackdown nets 109 bus crews JAKARTA (JP): The chief of the South Jakarta office of the City Land Transportation Control Agency, Bubung Burhana, announced that a total of 109 bus crews were netted during a recent traffic crackdown on public transit vehicles in that mayoralty.

Thalassaemia center opened

Thalassaemia center opened JAKARTA (JP): First Lady Tien Soeharto inaugurated a thalassaemia center at the Cipto Mangunkusumo general hospital here on Saturday. During the ceremony, she urged rich people to lend a helping hand to the Indonesian Foundation for Thalassaemia to help it in coping with...

Pro-Israel lobby powerful

Pro-Israel lobby powerful I was troubled by the event I witnessed in front of the U.S. Embassy in Jakarta on May 22, 1995. It was an anti-American protest regarding the U.S. veto of a UN resolution on confiscation of Arab land in East Jerusalem.

Deficiency within reform

Deficiency within reform Except for the applauded definitive targeting of import tariff reduction up to the year 2003, the May 23, 1995, package of economic reform measures has been criticized by most businessmen as deficient in the most essential elements -- removal of monopolies and other forms...

New Order and Old Order

New Order and Old Order From Suara Karya People seem to be unaware of the fact that the New Order uses the same Constitution as was used by the Old Order. So the same Constitution is used by two governments which are antagonistic with each other.

Sports passion

Sports passion My, my, what passions sports seem to evoke in people! Now we are debating how to fill the sports pages of The Jakarta Post! I hope these emotions don't produce (dare we predict?), "ping pong hooligans?" Mr Graeme St.

The extension of NPT, and after

The extension of NPT, and after By J. Soedjati Djiwandono JAKARTA (JP): The recent decision of the four-week long conference of the parties to the nuclear Non-Proliferation Treaty (NPT) to extend the treaty indefinitely was a turning point in the denuclearization process of the world.

Parallel market starts handling odd-lot trading

Parallel market starts handling odd-lot trading JAKARTA (JP): PT Bursa Paralel Indonesia, the company managing the over-the-counter stock market here, is scheduled today to start trading odd lots of shares which are listed on the Jakarta Stock Exchange (JSX).

Shanties destroyed in North Jakarta

Shanties destroyed in North Jakarta JAKARTA (JP): North Jakarta Mayor H. Suprawito led the demolition of hundreds of illegally constructed shanties on Jl. Tiram, Jl. Enim and Jl. Ende over the weekend. The shanties built along Tirem River were considered eyesores.

John Naisbitt to speak on next economic boom

John Naisbitt to speak on next economic boom JAKARTA (JP): John Naisbitt, the author of Megatrends and Global Paradox, will discuss the next boom predicted for 2020 for government decision makers, ambassadors, conglomerate owners and top local executives at Jakarta Convention Center on June 7.

Ramos allies keep lead in senatorial elections

Ramos allies keep lead in senatorial elections MANILA (AFP): Special congressional and local elections were held in two predominantly-Moslem provinces in the southern Philippines on Saturday as allies of President Fidel Ramos maintain their lead in the slow count of senatorial votes.

Habibie praises Australia

Habibie praises Australia JAKARTA (JP): Impressed with its technological ability, Indonesia has asked Australia to develop the Asia-Pacific region into a "center of excellence". The call was voiced on Saturday by State Minister for Research and Technology B.J.

Two trategies suggested for development

Two trategies suggested for development JAKARTA (JP): Ginandjar Kartasasmita, a senior cabinet minister, is advocating both non-interventionism and active government policies in Indonesia; the first for the modern economic sector and the second for the traditional sector.

Indonesia still intolerance of differing views: Academic

Indonesia still intolerance of differing views: Academic JAKARTA (JP): Intolerance of dissenting opinions is retarding the growth of democracy on Indonesian soil, suggests a political observer. Yusril Ihza from the University of Indonesia' school of law, argued on Saturday that the acceptance of...

Jail site approved as tourist spot

Jail site approved as tourist spot CILACAP, Central Java: The Governor of Central Java, Soewardi, said the plan to develop the prison island of Nusakambangan into a tourist destination may well be realized soon.

Basofi and PDI

Basofi and PDI As an extension of the policies of the home minister, in his function as domestic political mentor, East Java Governor Basofi Sudirman's intervention in the conflict within the East Java chapter of the Indonesian Democratic Party (PDI) can, to a certain extent, be justified.

Weekly Stock Exchange Review

Weekly Stock Exchange Review MARKET AS OF MAY 26, 1995 ------------------------------------------------------------------------------------- Company Names Price Prev. Change Volume Value PER PER P/VB week 1993 1994 3Q93 (Rp) (Rp) (+/-Rp) (Shares) (Rp.b.

Noted director Arifin C. Noer dies

Noted director Arifin C. Noer dies JAKARTA (JP): Noted theater/movie director Arifin C. Noer died yesterday at 54 years old, leaving behind an unfinished TV movie, Bukan Perempuan Biasa, and much regret among Indonesians in the film and theater communities. Arifin died at 6:30 a.m.

Hariyanto Arbi retains world title for Indonesia

Hariyanto Arbi retains world title for Indonesia LAUSANNE, Switzerland (Agencies): Indonesia claimed two men's titles at the world championships here yesterday to put an end to the weeks of disappointment tearing down its reputation as the world's badminton powerhouse.

Megawati blocked again from meeting supporters

Megawati blocked again from meeting supporters JAKARTA (JP): Despite strong criticism from all quarters, the East Java administration has again prevented Indonesian Democratic Party Chairwoman Megawati Soekarnoputri from meeting her supporters.

Student brawls

Student brawls From Neraca We have witnessed frequent student brawls in Jakarta lately. I believe this phenomenon is a result of a lack of extra-curricular activities. Or perhaps the students are witnessing the social gap prevailing both in their neighborhoods and in the school environment.

Javanese New Year at TMII

Javanese New Year at TMII JAKARTA (JP): Taman Mini Indonesia Indah (TMII), the Indonesia miniature park, is organizing a series of events in conjunction with the Javanese new year, which falls on Wednesday. A ritual procession will be held on the eve of the new year, starting from 7 p.m.

Pesticides poison onion farmers

Pesticides poison onion farmers TEGAL, Central Java: At least 175 onion farmers here were found to have been poisoned by pesticides, a health official says. Priyono, a member of a medical team, told The Jakarta Post last week that most of the poisoned farmers were exposed daily to pesticides while...

Spy reports won't harm ties with China: Australia

Spy reports won't harm ties with China: Australia SYDNEY (Reuter): Australia yesterday said its relations with China, one of its major trading partners, would not be harmed by media reports Australian spies had bugged the Chinese embassy in Canberra for the United States.

Business leaders call for action agenda for APEC

Business leaders call for action agenda for APEC SINGAPORE (AFP): An influential group of business leaders in the Pacific Rim on Saturday sought a planned schedule of tariff reductions by each of the 18 economies within the Asia Pacific Economic Cooperation (APEC) forum to achieve free trade in the...

Controversial Tapornas

Controversial Tapornas From Media Indonesia The debate on the issue of National Sports Achievements Savings (Tapornas) is heated again. Tapornas, introduced by Minister of Youth Affairs and Sports Hayono Isman, is a fund raising drive carried out to finance the national sports activities.

'Improve schooling for women'

'Improve schooling for women' JAKARTA (JP): A stronger campaign to provide women with greater access to education and sexual equality is needed and should focus on convincing communities that educating women is beneficial to the economy, experts on women issues say.

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.

Graft is rife in East Timor

Graft is rife in East Timor DILI, East Timor: A member of the House of Representatives expressed his dismay Saturday with the rampant irregularities plaguing shoddy development projects in the area. "I have found that huge funds have been misappropriated by project managers and contractors," said...