Indonesian Political, Business & Finance News

Archive: 18 July 1995

45 articles found

IAEA to help build nuclear reactor here

IAEA to help build nuclear reactor here JAKARTA (JP): Director General of the International Atomic Energy Agency (IAEA) Hans Blix promised yesterday to help Indonesia develop its proposed nuclear power plant and gave assurances that nuclear power was, environmentally, the "cleanest" source of...

Pilot killed in plane crash

Pilot killed in plane crash JAKARTA (JP): A Twin Otter passenger plane belonging to the state-owned airline Merpati Nusantara Airlines crashed yesterday after taking off from Bintuni airstrip in Manokwari regency, Irian Jaya, killing the pilot and causing severe injuries to two other crew members...

A question of legality

A question of legality There has been a lot of fuss lately about business activities conducted by the offspring of government officials. There have been accusations that the way in which those young people conduct their activities is not always very ethical.

East Timor marks 19th integration anniversary

East Timor marks 19th integration anniversary JAKARTA (JP): Some East Timorese have spent the last several days beautifying their towns to celebrate 19 years as Indonesia's 27th province. The Antara news agency reported from the capital Dili yesterday that townspeople in the regencies of Ermera,...

Bimantara makes successful debut on capital market

Bimantara makes successful debut on capital market JAKARTA (JP): The widely diversified Bimantara Citra made a successful debut during its initial listing on the Jakarta Stock Exchange yesterday, with its price rising by 45 percent at close.

Singh urges customs to form ASEAN Lane

Singh urges customs to form ASEAN Lane JAKARTA (JP): Secretary-General of ASEAN Adjit Singh has urged the members of the Association of Southeast Asian Nations to synchronize their customs procedures to create a smoother and faster movement of goods.

Mayoralty complex home to unique gravestone museum

Mayoralty complex home to unique gravestone museum By Yoko N. Sari JAKARTA (JP): Nobody knows the troubles I see; Nobody knows my sorrow These lines are engraved on the tombstone of Soe Hok Gie, a young student who died while trying to scale the Semeru mountain in Central Java in the 1960's.

Celebration of independence day

Celebration of independence day From Jayakarta People all over the country are busy preparing to celebrate the 50th anniversary of Indonesian independence. Various activities have been held to welcome the event. Public parks are being cleaned and their plants pruned.

Roy third in Formula Asia

Roy third in Formula Asia JAKARTA (JP): Indonesia's leading driver Roy Haryanto rode his luck to finish third and fifth in the Formula Asia races in the Shah Alam circuit in Malaysia on Sunday. Roy, 19, battled neck-to-neck against Formula Asia championship leader Niclas Jonsson of Sweden in the...

First sports magazine launched

First sports magazine launched JAKARTA (JP): Raket, the first Indonesian sports magazine ever to specialize in tennis, badminton and squash coverage, was launched here yesterday evening with a maiden issue of 30,000 copies.

NGOs caution World Bank on new loans to Indonesia

NGOs caution World Bank on new loans to Indonesia JAKARTA (JP): A group of non-governmental organizations appealed to the World Bank yesterday to tie human rights criteria more closely to any new loans extended to the Indonesian government.

Sleman court to continue trial of Permadi despite lawyers' motion

Sleman court to continue trial of Permadi despite lawyers' motion YOGYAKARTA (JP): The Sleman District Court dismissed yesterday a motion moved by the team of lawyers defending controversial soothsayer Permadi, who is being tried for blaspheming against Islam, deciding instead to proceed with the...

Cracks develop in new Rp 1.4b bridge

Cracks develop in new Rp 1.4b bridge BEKASI (JP): Cracks have developed in the sides of a nearly- completed bridge worth Rp 1.4 billion ($625,000), triggering fears that it may collapse shortly after it goes into operation.

Five months for terror campaign

Five months for terror campaign DILI, East Timor: The local district court yesterday sentenced a man to five months imprisonment for contributing to a terror campaign in the city early this year. Nelson Mariano Gutteres, 23-years-old, was found guilty for his role in spreading rumors about the...

Pulogadung station relocation delayed

Pulogadung station relocation delayed JAKARTA (JP): A plan to relocate the Pulogadung bus terminal in East Jakarta has been delayed because the environment impact analysis (Amdal) on the new location has yet to be completed.

Malaysia reconsiders support for INRA III

Malaysia reconsiders support for INRA III KUALA LUMPUR (AFP): Malaysia yesterday said it was now studying the usefulness of ratifying the new UN-brokered global rubber pact hammered out in Geneva, only weeks after blaming excessive production for the recent drop in prices.

Murder of policemen

Murder of policemen Murdering policemen seems to be increasing in frequency. In the past two years, according to our records, no fewer than 15 policemen have been killed in various parts of the country for various reasons.

Disciplining spoiled brats

Disciplining spoiled brats From Suara Karya Reading an article in Suara Karya (Sunday, May 28 1995) on discipline, my heart sank at the thought of how little discipline there is in Indonesia. But at the same time I was pleased that this particular problem has been given due attention.

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.

Illegal levies at schools

Illegal levies at schools From Pelita The holidays are finished and children are back in school resuming their activities. The children may find some enjoyment in their return to school, but for the parents there is no joy as there is no escape from the money collections of the schools.

Computer data destroyed

Computer data destroyed Over the past seven years I have built-up an impressive collection of carefully selected commercial programs and high quality children's games on my home desktop computer. The programs occupied about 800 Mb on two stacked hard disks.

Asian conference on home economics opened

Asian conference on home economics opened JAKARTA (JP): The Asian Regional Association for Home Economics conference was opened by Mrs. Try Sutrisno yesterday. The two-day conference, held in association with the Indonesian Home Economics Association, was attended by 350 delegates from 16 countries...

Major's murder not premeditated: Gen. Banurusman

Major's murder not premeditated: Gen. Banurusman JAKARTA (JP): National Police Chief Gen. Banurusman Astrosemitro said yesterday that preliminary investigations indicated that last week's murder of a police major had not been premeditated.

RI, Australia to forge accord on education

RI, Australia to forge accord on education JAKARTA (JP): Senior Indonesian and Australian officials met yesterday to develop a cooperation program in relation to education and vocational training. The recent diplomatic tiff over Jakarta's appointed ambassador to Australia did not appear to have any...

Telkom finalizes initial public offering plan

Telkom finalizes initial public offering plan JAKARTA (JP): State-owned domestic telecommunications operator PT Telekomunikasi Indonesia (Telkom) finalized yesterday its plan to go public later this year, concentrating on the offer of a major portion of its shares in the United States.

1,400 families face eviction in Kapuk

1,400 families face eviction in Kapuk JAKARTA (JP): More than 1,400 families in Kapuk, West Jakarta, are facing eviction by the state-owned housing company Perum Perumnas, which now wants to develop the land.

Bulog to spend $55.5m on CPO procurement

Bulog to spend $55.5m on CPO procurement JAKARTA (JP): The National Logistics Agency (Bulog) will spend up to Rp 125 billion (US$55.5 million) on the importation of olein and the procurement of crude palm oil (CPO) from domestic producers in order to amass an edible oil reserve of 75,000 tons.

Influential children: The debate continues

Influential children: The debate continues JAKARTA (JP): The current debate over the business activities of the children of senior government officials has spawned theories about what really lies behind the controversy.

City directorate denies banning workers' play

City directorate denies banning workers' play JAKARTA (JP): The head of the city directorate of social and political affairs, Bagus Suharyono, denied yesterday accusations that he had banned a performance of a play produced by the Teater Buruh Indonesia (Indonesian Workers' Theater Group).

Man dies of AIDS

Man dies of AIDS JAKARTA (JP): A man being treated for Acquired Immunodeficiency Syndrome (AIDS) died at the Cipto Mangunkusumo Hospital yesterday, hospital sources said. Doctors identified the man as a 24-year-old bachelor from Cipete, South Jakarta, who had been undergoing treatment at the...

RP trade deficit rises 9.3%

RP trade deficit rises 9.3% MANILA (AFP): The Philippines' trade deficit grew 9.3 percent on the previous year to US$3.497 billion in the five months to May as imports continued to outpace exports, the National Statistics Office (NSO) said yesterday. Import receipts expanded 21.9 percent to $9.

Hyundai to face tough competition

Hyundai to face tough competition JAKARTA (JP): The entry of South Korea's Hyundai Motor Company into the country's car market will increase the competition, but it won't significantly erode the market shares of established car makes, an automotive businessman said yesterday.

East Timor exports workers

East Timor exports workers DILI, East Timor: The local Manpower Office plans to send 500 people to other provinces next month, according to an official. They will be sent to eight provinces: Riau, South Sumatra, Lampung, West Kalimantan, Central Kalimantan, East Kalimantan, South Sulawesi and...

Short films screenings

Short films screenings JAKARTA (JP): Over 40 short films from 12 Asia-Pacific countries will be screened free of charge here from July 22 to 27. The short film program, which is part of the forthcoming CILECT Asia Pacific Association (Centre International de Liaison et des Ecoles de Cinema et de...

Japanese aid to rise to $1.97b

Japanese aid to rise to $1.97b JAKARTA (JP): The Japanese government will increase its concessional loans to Indonesia from the 158 billion yen last fiscal year to 168 billion yen this year and will cut the interest rates on the loans to 2.

Walhi urges govt to sue Pindo Deli for polluting

Walhi urges govt to sue Pindo Deli for polluting JAKARTA (JP): The Indonesian Forum for the Environment (Walhi) urged the government yesterday to prosecute a paper manufacturer in Karawang, West Java, which it says is deliberately discharged untreated waste into the Citarum river.

End of BI swap facilities won't affect forex mart

End of BI swap facilities won't affect forex mart JAKARTA (JP): Bank Indonesia's move yesterday to end its foreign exchange swap facilities for the banking industry is not expected to have any major impact on the foreign exchange market.

Sarwono laments loss of reefs

Sarwono laments loss of reefs BANDAR LAMPUNG, Lampung: State Minister of the Environment Sarwono Kusumaatmadja tried to draw attention this weekend to the loss of precious coral reefs off Lampung, where the damage is largely being caused by fishermen using explosives.

Director Kohei Oguri dedicates film to Christine Hakim

Director Kohei Oguri dedicates film to Christine Hakim By Gotot Prakosa JAKARTA (JP): Christine Hakim, one of Indonesia's prominent actress, is painstakingly preparing herself for the role of an Asian girl in her next movie Nemuru Otoko, (A Man of Sleep).

Productivity: An urgent matter of political concern?

Productivity: An urgent matter of political concern? By Simon Potter JAKARTA (JP): In my home country, the United Kingdom, simply mentioning the word "productivity" is enough to raise the hackles of many individuals.

ASEAN: Moving on the right track (1)

ASEAN: Moving on the right track (1) By Vitit Muntarbhorn This is the first of two articles examining the path the Association of Southeast Asian Nations has taken thus far. The 1995 ASEAN Summit will take place at the end of this month.

EU anti-dumping discussed

EU anti-dumping discussed JAKARTA (JP): The Ministry of Trade and the European Commission are organizing a series of seminars on the European Union's new anti-dumping legislation this week to help Indonesian businessmen get acquainted with it.

Paper firm to raise output

Paper firm to raise output JAKARTA (JP): PT Pabrik Kertas Leces, a state-owned paper firm in East Java, will procure new waste treatment machines at Rp 56 billion (US$25 million), which will help optimize the utilization of its production capacity, a company executive said.

Indomobil to build US$120m tire plant

Indomobil to build US$120m tire plant JAKARTA (JP): PT Indomobil Investment Corp., the holding company of the Indomobil car group, and Sumi Rubber Industries Limited of Japan agreed yesterday to set up a joint venture which will build a US$120 million tire and golf ball plant at Cikampek, West Java.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on July 17, 1995: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 2,250 0 0 AHAP Insurance 3,250 0 0 Alumindo Perkasa 1,100 0 200,000 Andayani Megah 3,375 -25 48,000...