Indonesian Political, Business & Finance News

Archive: 6 July 1995

49 articles found

Quality of leaders

Quality of leaders From Media Indonesia The article in Media Indonesia (June 28, 1995) containing the main ideas of the Governor of the National Resilience Institute (Lemhannas), Let. Gen. Moetojib, presented at the House of Representatives has prompted me to make some comments.

Malaysian group buys 60% of Multidana

Malaysian group buys 60% of Multidana JAKARTA (JP): Arab Malaysian Securities Holding Sdn. Bhd. of Malaysia has taken over a 60 percent stake in PT Multidana Sekurindo, a member of the Jakarta Stock Exchange, through an injection of Rp 6.6 billion (US$3 million) in fresh funds.

Unpopular fine

Unpopular fine From Republika I am a student of a private university (FEUP), a prestigious institution in South Jakarta. It is an expensive university, yet it has unpopular regulations that students must abide by.

Residents rail against project's pollution, noise

Residents rail against project's pollution, noise JAKARTA (JP): Residents of the Bendungan Hilir subdistrict in Central Jakarta are objecting to the pollution emanating from construction work on the upbeat Park Royale apartment complex being developed by PT Sari Lembah Hijau.

Prostitute at Dadap has AIDS

Prostitute at Dadap has AIDS JAKARTA (JP): The Tangerang Health Office did blood tests on 158 prostitutes of the Dadap red-light district in June last year. The results, which were made known in May this year, showed that one of the prostitutes tested HIV positive.

Peace initiatives boost economic progress: Ramos

Peace initiatives boost economic progress: Ramos MANILA (AFP): President Fidel Ramos said yesterday that his peace initiatives with the Philippines' three main rebel groups had opened the door for economic development in regions formerly in the grip of the insurgents.

Six young women questioned about subversive activities

Six young women questioned about subversive activities JAKARTA (JP): The local military is currently investigating six young women, workers of a beauty salon, over allegations that they are involved with a clandestine group seeking to establish an Islamic state in Indonesia, police said yesterday...

Graffiti contest

Graffiti contest A number of high school students climb a wall to paint graffiti in a contest at Grogol in West Jakarta, which is sponsored by the city administration. The administration offered cash prizes of Rp 100,000 (US$45) to the winners yesterday.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on July 5, 1995: Shares Close Change Trading Volume ----------------------------------------------------- Ades Alfindo 2,250 0 0 AHAP Insurance 3,250 -25 2,500 Alumindo 1,100 0 7,500 Andayani Megah 3,275 50 240,000 Aneka Kimia...

Law on monopolies needed

Law on monopolies needed The tendency for the growth of monopolies and cartels in our national economy appears to be getting due attention from the government. In a meeting with Commission VI of the House of Representatives on Monday, the Minister of Investment-Chairman of the Investment...

Sukamdani launches books to mark hotel's anniversary

Sukamdani launches books to mark hotel's anniversary JAKARTA (JP): Sukamdani Sahid Gitosardjono, founder and president of the Sahid Group, launched yesterday two books on hotels and tourism, to commemorate the thirtieth anniversary of his oldest hotel, and to mark his business expansion.

Korean aid to Indonesia

Korean aid to Indonesia JAKARTA (JP): The South Korean government will give Indonesia a soft loan of US$10.65 million for financing vocational training facilities in various provinces. Korean Ambassador Hyung-Ki Min and Director General for Foreign Economic Relations D.M.

Police call for public support in crackdown of LDs

Police call for public support in crackdown of LDs JAKARTA (JP): Overwhelmed, the police called on the public yesterday to support their crackdown on illegal laser discs widely available for rent and sale in every corner of the city.

Social foundations required to pay income tax

Social foundations required to pay income tax JAKARTA (JP): All incomes generated by social foundations from direct operations, including those engaged in educational and health activities, are taxable, Tax Director General Fuad Bawazier announced yesterday.

Pancasila campaign launched

Pancasila campaign launched JAKARTA (JP): President Soeharto called on his administration yesterday to live up to the words and spirit of the state- ideology Pancasila and the 1945 Constitution. Launching a campaign to reinvigorate the people's ideological identity, Soeharto told top government...

Clearer policies vital to attract investors

Clearer policies vital to attract investors JAKARTA (JP): The government's ambiguous policy on the role and shares of industries in the domestic market may shun prospective foreign and domestic investors from expanding their businesses in Indonesia, a businessman warned yesterday.

PDI accepts youth offers

PDI accepts youth offers SURABAYA, East Java: The East Java chapter of the Indonesian Democratic Party (PDI) has said that they will accept around 5,000 youths to act as vote-counting witnesses in the coming general elections in 1997.

AIDS patient dies

AIDS patient dies RIAU, Pekanbaru: An Indonesian worker who once worked illegally in Malaysia died of AIDS last week, Antara, quoting a local health official, reported yesterday. The victim, identified only as AN, was believed to have contracted the deadly disease before his deportation from...

Territorial claim

Territorial claim Having written four times in The Jakarta Post, in the last three years, criticizing China's territorial claims in the South China Sea, I found last week's statements by Foreign Minister Ali Alatas truly heartwarming.

President Soeharto opens Muhammadiyah congress

President Soeharto opens Muhammadiyah congress By Santi WE Soekanto and Wisnu Pramudya BANDA ACEH, Aceh (JP): The 43rd congress of the Islamic organization Muhammadiyah will be opened by President Soeharto this morning, amid celebrations by thousands of Moslems who have been assembling here over...

East Timor art, culture on display

East Timor art, culture on display JAKARTA (JP): East Timorese youths, in cooperation with the Communication Forum of Eastern Indonesian Youths, will open a brief, two-day culture and art exhibition at the Sahid Jaya Hotel today.

Lockheed Martin, ACeS sign $1b satellite deal

Lockheed Martin, ACeS sign $1b satellite deal JAKARTA (JP): PT Asia Cellular Satellite System (ACeS), a Jakarta-based telecommunications firm, signed yesterday a contract with a U.S. defense contractor, Lockheed Martin Corporation, to manufacture a region-wide cellular mobile satellite...

Merpati to serve Tawao

Merpati to serve Tawao JAKARTA (JP): Merpati Nusantara Airlines, a subsidiary of the country's flag carrier Garuda Indonesia, will start serving a new route linking Balikpapan in East Kalimantan with Tawao in East Malaysia on Sunday, an executive said yesterday.

Reform and reformists

Reform and reformists Muhammadiyah is no doubt the largest socio-educational organization in Indonesia, running more than 13,000 schools and dozens of hospitals, health clinics and orphanages. The 83-year- old reformist group was established in 1912 to free Moslems from widespread established...

Inflation rate down to 0.16 percent

Inflation rate down to 0.16 percent JAKARTA (JP): Drops in food prices caused the country's inflation rate to decline to 0.16 percent last month, bringing the cumulative inflation rate to 5.38 percent during the first six months of this year, Minister of Information Harmoko said.

Malaysia orders in-depth probe into landslide

Malaysia orders in-depth probe into landslide KUALA LUMPUR (AFP): The Malaysian government yesterday ordered an in-depth probe into last week's landslide that killed 21 holiday-makers, among them 10 foreigners, at the foot of a highland casino-resort.

RP navy in charge of treasure hunt

RP navy in charge of treasure hunt MANILA (AFP): President Fidel Ramos yesterday said he had ordered the Philippine navy to take charge of a treasure hunt for a sunken Japanese ship that may hold cargo worth $500 million.

Developer could be penalized

Developer could be penalized JAKARTA (JP): The city administration has threatened to fine PT Inti Utama Dharma Real Estate, developer of the Cipinang Indah housing complex in East Jakarta, if its project is in violation of the law.

40 families to relocate

40 families to relocate JAKARTA (JP): The West Jakarta mayoralty plans to relocate 40 families of tahu (soybean curd) and tempe (soybean cake) makers from the sites they occupy along the Ciliwung riverbank in the Kalianyar and Jembatan Besi districts, an official has said.

KL detains tanker for dumping sludge

KL detains tanker for dumping sludge KUALA LUMPUR (AFP): Malaysia has detained a Greek-registered tanker suspected of dumping sludge off eastern Pahang state, the latest in a spate of pollution incidents in recent months, reports said yesterday.

NTT to take stake in RI

NTT to take stake in RI TOKYO (Reuter): Nippon Telegraph and Telephone Corp (NTT) said yesterday it would take a 15 percent stake for US$50 million in a new Indonesian joint venture to install and operate telephone lines.

'ASEAN 10' would counter Chinese might: Scholar

'ASEAN 10' would counter Chinese might: Scholar JAKARTA (JP): An expansion in the membership of the Association of Southeast Asian Nations (ASEAN) from six to all 10 countries in the region would make the organization an effective tool in countering any Chinese military threat, a noted Singaporean...

Jakarta Auto Expo next week

Jakarta Auto Expo next week JAKARTA (JP): Without the participation of the two most powerful local automotive companies, the eighth Jakarta Auto Expo will carry on next week, an executive of the Indonesian Automotive Industry Association said yesterday.

HK funds for ASEAN

HK funds for ASEAN SINGAPORE (AFP): HSBC Holdings plc's asset management arm has shifted from Hong Kong to Singapore the management responsibility for regional investment funds totaling S$1 billion (US$714.28 million), officials said yesterday.

Paper cuts number of pages

Paper cuts number of pages JAYAPURA, Irian Jaya: The only newspaper in Irian Jaya, Tifa Irian, has reduced the number of its pages from 16 to 12, the paper's chief editor Bill Rettob said yesterday. Bill said that he was compelled to take the measure due to the hike in the price of newsprint.

IPTN has orders for 192 aircraft

IPTN has orders for 192 aircraft JAKARTA (JP): State Minister of Research and Technology B.J. Habibie said yesterday the Bandung-based IPTN aerospace company had so far received orders from Europe, the United States and Indonesia for 192 units of its N-250 turboprop passenger aircraft.

W. Jakarta on the discipline drive

W. Jakarta on the discipline drive JAKARTA (JP): Prostitutes, hawkers, truck drivers and home owners have all fallen victim to the government's National Discipline Campaign which has been underway since May.

Manila to cut tariffs

Manila to cut tariffs MANILA (AFP): The Philippines' economic officials have approved a program to reduce tariffs that will result in a uniform rate of five percent by 2004, the Trade Department said here yesterday.

Industry research projects continue

Industry research projects continue JAKARTA (JP): More small industries will hopefully benefit from the research conducted by higher education institutes, as the Ministry of Education and Culture launches the second phase of a cooperation program between companies and universities.

NGOs call for government supervision

NGOs call for government supervision JAKARTA (JP): Six non-government organizations urged the House of Representatives yesterday to introduce legislation to regulate their activities in the interests of clarity.

Prasetiya Mulya vows to help small firms

Prasetiya Mulya vows to help small firms JAKARTA (JP): The Prasetiya Mulya Foundation vowed yesterday to join hands with small-scale businesses and cooperatives through a partnership program which will involve management education, training and consultation.

Discipline and traffic

Discipline and traffic From Kompas On June 29, 1995 at about 7.40 p.m. I was approaching the intersection of Palmerah Barat, Kebayoran Lama and Rawabelong. The traffic was heavy and the traffic lights were functioning normally. But surprisingly the traffic was in complete chaos.

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.

City police ask for criticism from Jakartans

City police ask for criticism from Jakartans By K. Basrie JAKARTA (JP): The city police are asking Jakartans for a "special" gift for their 49th birthday: criticism. "The police cannot do much to improve its services, and know what its weaknesses are, without criticism from the public," City Police...

TV today

TV today TVRI 2:35 p.m. TV Series: Stories to Remember 3:05 A day with the Adipura'95 winner 3:30 TV Drama: Harapan Nan Sirna 4:30 Boyscout 5:00 Regional News 5:30 Arabic Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:25 Koran Recital 6:35 Religious Teachings: Islam 7:00 Evening...

'Muhammadiyah needs to revive think tank'

'Muhammadiyah needs to revive think tank' By Santi WE Soekanto and Wisnu Pramudya BANDA ACEH, Aceh (JP): Muhammadiyah has lost its character as a reformist Islamic movement, particularly concerning socio- political issues, largely because its think tank has been dormant, political observers say.

RI participation in world pageant protested

RI participation in world pageant protested JAKARTA (JP): An academic has come out against the participation of Indonesian women in world modeling pageants abroad. The chief of the Women's Study Center at Surabaya Airlangga University, Sanituti Hariadi, said to the Antara news agency on Wednesday...

Zoo adds three baby camels

Zoo adds three baby camels SURABAYA, East Java: The Surabaya zoo has enriched its collection with the birth of three camels in the space of less than one month. "Selly delivered Yono on June 12, Sheba delivered Andy on June 21 and Humpy delivered a baby, which has yet to be named, on June 30," said...

Investment in ASEAN up by 131 percent in 1994

Investment in ASEAN up by 131 percent in 1994 KUALA LUMPUR (AFP): Foreign investment into ASEAN jumped by 131 percent to US$39.5 billion last year from $17.1 billion in 1993, with Indonesia absorbing the bulk of the increase, Malaysian trade authorities said yesterday.