Indonesian Political, Business & Finance News

Archive: 4 July 1995

49 articles found

Key witnesses sought in Beng Seng murder trial

Key witnesses sought in Beng Seng murder trial JAKARTA (JP): Police have yet to learn the whereabouts of two key witnesses scheduled to testify in today's trial of the murder of entertainment businessman Darmansyah Suyadi. Head of the City Police Crime Investigation Directorate Col.

Probe on Aussie trade in paedophilia sought

Probe on Aussie trade in paedophilia sought MANILA (Reuter): An Australian state legislator yesterday sought an investigation into what she said was the increasing involvement of Australians in prostitution and possibly paedophilia in the Philippines.

Thieves steal Rp 70 million

Thieves steal Rp 70 million JAKARTA (JP): Thieves broke into secondary bank BPR Purna Loka Bhakti, Bekasi, during the weekend and took Rp 70 million in cash and other bank credential letters, police said.

TV today

TV today TVRI 2:35 p.m. TV Series: Hassai Sensei 3:05 Diletansia 3:30 TV Series: Willing And Abel 4:30 Science Program 5:00 Regional News 5:30 English Lessons 6:05 Nusantara, the Beloved Country 6:15 Rural Program 6:30 Religion 7:00 Evening News 7:30 Talk Show: Wawasan 8:05 Drama 9:00 World News...

Live is the price of a hen

Live is the price of a hen LAHAT, South Sumatra: A man accused of stealing hens was beaten to death by an angry mob after he was allegedly caught in the act in a village here. The man, identified by Antara as 27-year-old Asia, was killed when an entire neighborhood, alerted by screams from the...

Low fair attendance hits vendors hard

Low fair attendance hits vendors hard By Yustinus B. Solakira JAKARTA (JP): A group of girls are seen chatting in a food corner at the Jakarta Fair grounds. In the same stall are a group of young men sipping coffee and smoking. "It's just one of those quiet days," exclaimed one stall attendant.

BI curbs inflow of short-term funds

BI curbs inflow of short-term funds JAKARTA (JP): Bank Indonesia Governor Soedradjad Djiwandono said yesterday that the widening of the central bank's dollar buying-and-selling band from Rp 30 to Rp 44 last week was aimed at curbing the flow of short-term funds to the bank.

Management meeting here

Management meeting here JAKARTA (JP): Events and Awards Managers of Asia (TeamAsia) announced yesterday that it will hold a major conference here featuring management expert Gary Hamel, author of the best- selling Competing for the Future.

Housing project halted over permit

Housing project halted over permit JAKARTA (JP): The disputed construction of the Buaran Regency housing complex in East Jakarta has been suspended until the developer obtains the necessary permits, sources at the company said yesterday.

Muhammadiyah no longer seen as reformist movement

Muhammadiyah no longer seen as reformist movement By Santi WE Soekanto and Wisnu Pramudya BANDA ACEH, Aceh (JP): Observers and leading members say that Muhammadiyah, with its 28 million members, has become sluggish and no longer deserves to be called "Indonesia's reformist Moslem movement".

Capital firm starts business

Capital firm starts business JAKARTA (JP): PT Sarana Kaltim Ventura has started operating in a joint-venture capital business in Balikpapan, East Kalimantan, with a paid-up capital of Rp 7.6 billion (US$3.45 million).

Mantiri has no need to apologize: House members

Mantiri has no need to apologize: House members JAKARTA (JP): Legislators and academics were up in arms yesterday, dismissing any need for Indonesia's newly appointed ambassador to Australia, Lt. Gen. H.B.L. Mantiri, to apologize for a remark he made concerning the 1991 Dili incident.

Polluting pig breeders warned

Polluting pig breeders warned JAKARTA (JP): The West Jakarta mayoralty has ordered 43 hog breeders in Kapuk, Cengkareng, to clean-up their operations by July 15 or face legal action. Mayoralty officials say that the farmers, who together raise about 40,000 pigs, have failed to maintain proper...

Language needs new words to survive (2)

Language needs new words to survive (2) By John Philips This is the second of two articles on the recent raid on foreign names in Jakarta. YOGYAKARTA (JP): Surely, the Indonesian word pasar (market) has significant cultural implications which are not enhanced by the use of the word swalayan...

Bajau people are not seafarers

Bajau people are not seafarers JAKARTA (JP): An expert on the Bajau, an ethnic group with origins in Sulawesi, challenged yesterday the long-standing assumption that the Bajau are sea-faring people. "If they were a sea-faring people, their boats would have been much bigger and specially designed...

RI praised for conserving species in peril

RI praised for conserving species in peril CISARUA, Bogor (JP): Indonesia has made significant progress in meeting its international commitments regarding trade in endangered species, says a secretariat official of the Convention on International Trade in Endangered Species of Wild Flora and Fauna...

RI refutes Lisbon's claim over Timor Gap

RI refutes Lisbon's claim over Timor Gap JAKARTA (JP): The Ministry of Foreign Affairs yesterday refuted claims of a victory made by Portugal concerning last week's ruling by the International Court of Justice over Indonesia's agreement with Australia for joint oil exploration off Timor.

Pre-shipment inspection debated in legislature

Pre-shipment inspection debated in legislature JAKARTA (JP): House deliberation on the customs bill was dominated by the pros and cons of the pre-shipment inspection system for imports which has been in use since the middle of 1985.

More companies target Manila as regional hub

More companies target Manila as regional hub MANILA (UPI): The government said yesterday four more foreign firms are planning to make the Philippines the center of their Asia-Pacific operations, boosting the country's bid to become the region's next business hub.

Worker admits to killing lover on the first date

Worker admits to killing lover on the first date JAKARTA (JP): Makassar police detectives in East Jakarta are questioning a married construction worker, who has reportedly admitted to killing his lover on June 25. The victim's decomposing body was found six days after the killing.

Manila suffers deficit

Manila suffers deficit MANILA (AFP): The Philippines suffered a US$440 million balance of payments deficit in the first four months of 1995, the Central Bank announced yesterday. This was a sharp reversal from the $972-million surplus posted in the first four months of 1994 but an improvement over...

Sanyoto's misleading signal

Sanyoto's misleading signal We often hear high officials make prompt yet irrelevant and sometimes meaningless responses to particular issues. But the remarks made by State Minister for Investment Sanyoto Sastrowardoyo last week, regarding the sweeping ban on industrial companies already holding 50...

Debts a burden to next generations

Debts a burden to next generations Finance Minister Mar'ie Muhammad said, after meeting with President Soeharto, that Indonesia will be able to repay its foreign debts amounting to US$ 100 billion (over Rp 200 trillion). The loan is still under control, according to him.

Electrification in ENT

Electrification in ENT JAKARTA (JP): The State Electricity Company PLN is constructing power facilities in East Nusa Tenggara to increase the number of electrified villages in the province to 909 by 1999.

Deadline on social security program

Deadline on social security program JAKARTA (JP): After clamping down hard on employers over minimum wage regulations, Minister of Manpower Abdul Latief has another thing in store for them: compliance with the regulation guaranteeing social security for their workers.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on July 3, 1995: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 2,250 0 0 AHAP Insurance 3,275 0 0 Alumindo Perkasa 1,100 0 0 Andayani Megah 3,225 25 179,000 Aneka Kimia...

Jakarta is as exciting

Jakarta is as exciting My Jakarta is as exciting as I want to make it, even with those un-laundered flags, the mobile telephone exhibitionists, the sometimes bad, ugly, wicked cab-drivers, the unpredictable rains and the macet (traffic jams).

Businessman named as honorary consul

Businessman named as honorary consul SURABAYA: Leading businessman Alim Markus, president of Maspion Group, has been appointed as honorary consul for Canada by Prime Minister Jean Chretien, according to a press release by his company. Canadian Ambassador Laurence T.

Rare phone cards on auction

Rare phone cards on auction JAKARTA (JP): Rare telephone cards from all over the world are to be sold at an auction on Sunday at Gedung Joang 45. A number of collections, including Indonesian products from the late 1980s to early 1990s will be sold in the auction, which is sponsored by the...

Vehicle inspections for owners' good: Police

Vehicle inspections for owners' good: Police JAKARTA (JP): A proposed requirement that police physically inspect vehicles before issuing renewals of registration documents has sparked a new controversy. Police deputy chief of operational affairs Maj. Gen. M.B.

Jakarta Fair exit needs widening

Jakarta Fair exit needs widening From Neraca I have visited Jakarta Fair a number of times, and I feel sad because I always notice the large crowd has to elbow their way out of the fair ground. This is caused by the fact that the exit gate is too narrow.

Cambodia clears the way to ASEAN

Cambodia clears the way to ASEAN By Matthew Lee PHNOM PENH (AFP): When Cambodian Foreign Minister Ung Huot signs the ASEAN Treaty of Amity and Cooperation this month in Brunei, yet another block will have been removed from the country's wall of isolation.

Dili paper back to normal

Dili paper back to normal DILI, East Timor: Suara Timor Timur, the only daily newspaper published in East Timor province, went back to 12 pages yesterday as the newsprint crisis came to an end. Managing editor Yosephus G.

Pertamina gets loans for LNG unit

Pertamina gets loans for LNG unit JAKARTA (JP): Pertamina, the state-owned oil and gas company, announced yesterday that it has obtained US$969.5 million in loans from Japan to build a natural gas liquefaction unit in Bontang, East Kalimantan.

Indonesia and Vanuatu establish relations

Indonesia and Vanuatu establish relations JAKARTA (JP): Indonesia established diplomatic ties yesterday with Vanuatu, a tiny South Pacific country which was once critical of Jakarta, particularly in relation to Irian Jaya.

Muhammadiyah congress heats up in Banda Aceh

Muhammadiyah congress heats up in Banda Aceh By Santi WE Soekanto and Wisnu Pramudya BANDA ACEH, Aceh (JP): Heated arguments became the order of the day at the preliminary election of candidates for the chairmanship of the Islamic Muhammadiyah organization, especially concerning the involvement of...

Govt to increase forest royalties by 10 percent

Govt to increase forest royalties by 10 percent JAKARTA (JP): A government official confirmed yesterday that royalties for wood products would be increased by an average of 10 percent to compensate for inflation.

American seeks long lost mother

American seeks long lost mother JAKARTA (JP): An American is currently seeking the whereabouts of his long lost mother, identified as Dasinie Rosier, whom he believes is still alive and living in Indonesia.

City military launches civic missions

City military launches civic missions JAKARTA (JP): The City Military Command yesterday launched a new series of civic missions across the Greater Jakarta area, this time to support the construction of public facilities funded by a special presidential fund.

Pedestrians second class citizens

Pedestrians second class citizens From Berita Buana Unlike in many other countries, pedestrians in Indonesia seem to be regarded as second class citizens. Can you imagine, we pedestrians must give way to sidewalk vendors who sell their merchandise on the pavement? Besides, motor cyclists sometimes...

Sugar in tomato chutney

Sugar in tomato chutney There is a slightly disturbing error in my article entitled How to make Indian breakfast fare like 'masala dosai' published in the Sunday issue of The Jakarta Post of June 18, 1995.

Fund to buy unlisted firms

Fund to buy unlisted firms HONG KONG (AFP): HSBC Asset Management Hong Kong Ltd. said yesterday it is launching a US$250 million fund that will invest in unlisted companies in China and Southeast Asia. Known as the HSBC Private Equity Fund intends to acquire minority stakes in medium-sized...

AIPO to save marine resources

AIPO to save marine resources JAKARTA (JP): Parliamentarians from member countries of the Association of Southeast Asian Nations (ASEAN) are deliberating on a proposal to urge the creation of an agreement on safeguarding the marine environment and the establishment of a center for marine studies.

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.

Tiger kills Riau woman

Tiger kills Riau woman PEKANBARU, Riau: A woman was killed by a tiger over the weekend in a forest near Pekanbaru as her parents and brother looked on in horror. Antara reported that 27-year-old Nuraini and her family had been on their way to work in a field when the tiger attacked them.

Manila on alert against ABB

Manila on alert against ABB MANILA (AFP): The Philippine police chief yesterday put all units on alert to guard against possible terrorist attacks after communist assassins threatened to go after executives of foreign oil firms.

Institute of Technology in Bandung observes anniversary

Institute of Technology in Bandung observes anniversary JAKARTA (JP): The Institute of Technology in Bandung celebrated yesterday the 75th anniversary of the beginning of higher learning in technology in Indonesia by dedicating a monument in the memory of its fallen heroes.

Yayuk's journey to quarterfinals halted

Yayuk's journey to quarterfinals halted LONDON (Agencies): Indonesia's Yayuk Basuki bid to make history at Wimbledon was dashed yesterday as she was beaten by 15th seeded Brenda Schultz-McCarthy of the Netherlands 6-3 6-1 in the fourth round.

Ramos aide meets Misuari

Ramos aide meets Misuari MANILA (AFP): President Fidel Ramos' chief aide held unannounced talks with the top leader of the Moslem insurgency in the southern Philippines last weekend in an attempt to speed up peace negotiations, government officials said yesterday.