Indonesian Political, Business & Finance News

Archive: 23 June 1995

46 articles found

BUN to raise capital

BUN to raise capital JAKARTA (JP): Shareholders of the publicly-listed Bank Umum Nasional (BUN) agreed in an extra-ordinary meeting to increase the bank's authorized capital to Rp 750 billion (US$340.9 million) from Rp 300 billion at present.

Agency to move ahead with nuclear plant

Agency to move ahead with nuclear plant JAKARTA (JP): Despite persistent protests from conservationists, the National Atomic Agency plans to go ahead with the construction of a nuclear power plant in Central Java.

Intinusa's dividend

Intinusa's dividend JAKARTA (JP): PT Intinusa Selareksa, a granite tile manufacturer listed on the Jakarta Stock Exchange (JSX), will pay a cash dividend of Rp 70 (3.18 U.S cents) per share for the 1994 book year.

Environment goes to school

Environment goes to school CIREBON, West Java: The city administration will include an environmental awareness class as part of the local content in the 1995 elementary school curriculum. Antara quoted Mayor Kumaedhi Syafrudin as saying yesterday that, for the first phase, the new class would be...

Controversial RI film to hit Tokyo cinemas

Controversial RI film to hit Tokyo cinemas By Masayuki Kitamura TOKYO (Kyodo): An Indonesian film about the adventures and friendship of a rich body and a poor boy that was yanked from the screen at home will be shown at an independent Tokyo cinema this summer.

S'pore RI's third partner

S'pore RI's third partner SINGAPORE (AFP): Singapore has become Indonesia's third largest trading partner, after two-way trade surged past US$6 billion in 1994, the Singapore International Chamber of Commerce said yesterday. Indonesia had a surplus of $2.

Tax on apartment houses

Tax on apartment houses JAKARTA (JP): In addition to the 10 percent Value Added Tax (VAT), the sale of apartment houses of more than 150 square meters will also be subject to a luxury tax of 10 percent.

Instilling learning discipline in schools worth retaining

Instilling learning discipline in schools worth retaining By John Phillips This is the second of two articles exploring the good and bad sides of American and Indonesian school learning processes. YOGYAKARTA (JP): Early childhood education experts have stressed, for many years, the importance of...

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on June 22, 1995: Trading Shares Close Change Volume ----------------------------------------------------- Ades Alfindo 2,250 50 2,500 AHAP Insurance 3,275 0 0 Alumindo Perkasa 1,100 0 0 Andayani Megah 3,125 25 157,500 Aneka...

Singer ends Yayuk's run in Eastbourne tourney

Singer ends Yayuk's run in Eastbourne tourney EASTBOURNE, England (Agencies): Yayuk Basuki of Indonesia was another victim of an upset, this time by Germany's Christina Singer at the quarterfinals of the Eastbourne women's tennis grasscourt tournament yesterday.

TV today

TV today TVRI 2:30 p.m. TV Series: Kabuto 3:05 Langka & Unik 3:30 Science Program 4:00 School Quiz: Cerdas Cermat 4:30 Culture Program 5:00 Regional News 5:30 Science Program 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:45 Karya Nyata 7:00 Evening News 7:30 Dinamika 8:05 Music 9:00...

Architecture

Architecture Coming back to Jakarta after 18 years and with the plan to be once more one of its citizens for a number of years, I was immensely impressed by the development that has been taking place in the city, but most of all in its center.

Development of Jakarta must succeed: Surjadi

Development of Jakarta must succeed: Surjadi JAKARTA (JP): Governor Surjadi Soedirdja sought support from city residents yesterday to make the development of Jakarta, a city of 10 million people, a success.

China denies island dispute, seeks talks

China denies island dispute, seeks talks BEIJING (AFP): China denied yesterday that any dispute existed between itself and Indonesia over the South China Sea's Natuna Islands, but said it was willing to hold talks with Jakarta to settle demarcation.

Where to go in Bali:

Where to go in Bali: Music and entertainment * Nusa Dua Beach Hotel: Budaya Stage - Ramayana Buffet Dinner, Monday. Legong Buffet Dinner, Friday. Poolside - BBQ Night with Hawaiian Band, Wednesday. Coffee Shop - Indonesian Night with Joged Dance, Saturday. Village Night with Frog Dance, Tuesday.

Book tells of Bondan's love of Indonesia

Book tells of Bondan's love of Indonesia JAKARTA (JP): A biography of an Australian woman known for her strong ties to Indonesia, published by the Australia-Indonesia Institute, was launched this week. Minister of Foreign Affairs Ali Alatas launched the book, In Love with a Nation, Molly Bondan and...

Stop pollution, Freeport told

Stop pollution, Freeport told Fak-Fak, Irian Jaya: The local administration has urged the PT Freeport mining company to stop polluting the Aikwa River, which it claims has contributed to the destruction of 3,000 ha of forest.

PSP issues bonus shares

PSP issues bonus shares JAKARTA (JP): PT Putra Surya Perkasa (PSP), a publicly-listed property developer, announced yesterday its plan to issue two-for-three bonus shares to its existing shareholders. The company stated that the bonus shares would be issued from the agio, the share price premium...

Many can't read the Koran

Many can't read the Koran JAKARTA (JP): As many as 25 percent of Moslems in Indonesia cannot read the Koran in its original Arabic script, chairman of the Indonesian Ulema Council said yesterday. Hasan Basri said that one of the ways of reducing the number of people who are Koran illiterate is...

Humpuss breaks ground for new methanol plant

Humpuss breaks ground for new methanol plant BONTANG, East Kalimantan (JP): The Humpuss Group, through its subsidiary PT Kaltim Methanol Industry, yesterday started building the country's first privately-owned methanol plant in the Kaltim Industrial Estate here with an investment of US$300 million.

'Tempo' to go ahead with 'dummy' edition

'Tempo' to go ahead with 'dummy' edition JAKARTA (JP): Tempo journalists said yesterday that they will go ahead with the publication of their new "introductory" copy later this week despite government opposition.

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, Tuesday and Wednesday from 7 p.m. to 11 p.m.; Lost Morenitos, Monday Thursday and Sunday from 7 p.m. to 11 p.m. Los Paraguas, Friday and Saturday from 7 p.m.

Prostitution

Prostitution From Neraca A seminar held recently in Tangerang, West Java, discussed the problem of Human Immunodeficiency Virus (HIV) and Acquired Immune Deficiency Syndrome (AIDS), for which there is still no known cure.

Students to establish anti-AIDS foundation

Students to establish anti-AIDS foundation JAKARTA (JP): Senior high school students in the city plan to establish a forum for exchanging ideas about means of preventing the spread of the Acquired Immune Deficiency Syndrome (AIDS).

Investors favor short-term fixed income instruments

Investors favor short-term fixed income instruments JAKARTA (JP): Lehman Brothers Asia Limited of the United States has discovered that institutional investors in Indonesia favor short-term fixed-income instruments. Lehman Brothers' vice president and head of credit research, Stephen M.

Regular checks on pay phones

Regular checks on pay phones JAKARTA (JP): The East Jakarta office of the state-owned telecommunications company PT Telkom will check on the condition of its pay phones in public places twice a week. Office chief Rizal Saat said yesterday that the he has 300 female employees to check on public...

Forensic lab goes high-tech

Forensic lab goes high-tech By K. Basrie JAKARTA (JP): Only a few people know that the National Police's Forensic Laboratory Center is home to an array of the world's latest forensic technologies. "We dare to claim that our laboratory is the best police forensic laboratory in Southeast Asia," said...

Former governors criticize Manggarai project

Former governors criticize Manggarai project JAKARTA (JP): Former Jakarta governors have criticized the plan to build a massive integrated transport terminal in Manggarai, South Jakarta, saying it is in contradiction with the existing city development plan.

RI, U.S. to promote cooperation

RI, U.S. to promote cooperation JAKARTA (JP): Coordinating Minister for Industry and Trade Hartarto (center), as well as A.R. Ramly (left), adviser, and Tony Agus Ardie (right), chairman, of the Indonesia-U.S.

Foreign telecoms operators

Foreign telecoms operators For the first time in Indonesia's 50-year history, foreign companies will be allowed to directly provide domestic public telecommunications services. This will be done under 15-year joint operation contracts with the state domestic telecommunications monopoly, Telkom,...

Amien says Muhammadiyah has no conflicts

Amien says Muhammadiyah has no conflicts JAKARTA (JP): Chairman of the Muhammadiyah reformist Moslem organization, Amien Rais, denies any internal rift occurring in connection with next month's chairmanship election.

Should political prisoners be pardoned?

Should political prisoners be pardoned? As the nation celebrates its 50th anniversary this year, its conscience turns to three well-known political prisoners. Mulyana W. Kusumah examines the judiciary instruments that deal with this issue.

Govt wants university to solve crisis

Govt wants university to solve crisis JAKARTA (JP): The government has expressed serious concern over the ongoing turmoil besetting Satya Wacana Christian University, but has indicated that solving the dispute is an internal matter for the university.

Govt urged to abolish permit rules

Govt urged to abolish permit rules JAKARTA (JP): Nine non-governmental organizations, led by the Indonesian Legal Aid Institute and the Indonesian Forum for Environment, yesterday urged the House of Representatives to abolish all laws which require people to obtain official permits for various...

Garuda to carry new local routes next month

Garuda to carry new local routes next month JAKARTA (JP): The country's flag carrier, Garuda Indonesia, will resume on July 1 serving three domestic routes which are currently served by its subsidiary, Merpati Nusantara Airlines, an executive says.

Indonesia to host philately expo

Indonesia to host philately expo BANDUNG, West Java: Indonesia will host the eighth Asia- Pacific philately exhibition, to be held in Jakarta from Aug. 19 to 20. The head of the postal service's public relations department, Sutjipto, said here yesterday that his office is organizing the "Jakarta...

More houses built illegally

More houses built illegally BEKASI (JP): As the unrest triggered by the cancellation of a housing project in an irrigated area still lingers, another realtor has confessed to building 48 houses before having official permits.

Jababeka's profit surges

Jababeka's profit surges JAKARTA (JP): PT Kawasan Industri Jababeka, a publicly listed industrial estate operator, reported an over 200 percent rise in its net profit to Rp 91.7 billion (US$41.68 million) in 1994, from Rp 30.9 billion in 1993.

'Tempo' employees

'Tempo' employees Thank you for publishing the article about PT Reksa Mitra Berjaya (RMB) in your Sunday issue (June 18, 1995). However, we feel that there is something which needs clarifying. The article gave the impression that our friends from the defunct Tempo magazine, who join Get-plus, seem...

Govt to issue permits for pulp production

Govt to issue permits for pulp production JAKARTA (JP): The government will resume issuing licenses for the establishment of industrial timber plantations to boost the country's pulp production, Minister of Forestry Djamaludin Suryohadikusumo says.

Doctor in Irian Jaya

Doctor in Irian Jaya From Kompas I read the article about the experience of an honorary doctor in Irian Jaya (Kompas, May 26, 1995). The article concerns mostly personal matters. A doctor myself, I was once assigned to the remotest area in Irian Jaya for four years.

KL probes PVC dumping by rivals

KL probes PVC dumping by rivals KUALA LUMPUR (AFP): Malaysia has launched a probe into allegations that Thailand, South Korea and Singapore were dumping polymer-vinyl chloride (PVC) floor coverings at below-market prices here, officials said yesterday.

Malaysia introduces capital-mart boosters

Malaysia introduces capital-mart boosters KUALA LUMPUR (AFP): Malaysia's capital-market boosting measures unveiled yesterday will make it more competitive but foreign fund managers said they may not be attractive enough to turn Kuala Lumpur into the region's top financial center.

'Wayang orang' festival next week

'Wayang orang' festival next week JAKARTA (JP): Jakarta will host the fourth national festival of traditional Javanese opera, or wayang orang, from June 30 through July 15. The festival hopes to preserve the theatrical show that was once highly popular in Central Java, especially in the ancient...

S. Kalimantan maintains lead in diving c'ships

S. Kalimantan maintains lead in diving c'ships JAKARTA (JP): The mighty South Kalimantan team continued its winning run in the national diving championships yesterday when it snatched four more gold medals to perch clear on top of the standings.

Schering pays dividend

Schering pays dividend JAKARTA (JP): PT Schering-Plough Indonesia announced yesterday a 71 percent increase in its final dividend to Rp 600 (27.2 U.S. cents) for its 1994 operation, from Rp 300 for 1993. The company's president, Philip A.