Indonesian Political, Business & Finance News

Archive: 18 August 1995

52 articles found

Transformation of Indonesian education: 1945-1995

Transformation of Indonesian education: 1945-1995 By Mochtar Buchori This is the first of two articles examining the transformation of the education system from 1945 to 1995. JAKARTA (JP): Looking back at our educational system in 1945, it is hard to believe that that system was the embryo of our...

Alan Taylor summoned over second flag burning

Alan Taylor summoned over second flag burning JAKARTA (JP): Australian Ambassador Alan Taylor was summoned to the Indonesian foreign ministry on Wednesday, the second time in 10-days, over another Indonesian flag burning incident in Australia.

New investment target cautiously welcomed

New investment target cautiously welcomed JAKARTA (JP): Businessmen and legislators welcomed the government's intention to raise the target of investment for the next four years as hinted by President Soeharto, but cautioned that a more open and just economy was required to support that objective.

Mother's wish for Indonesia in 2020

Mother's wish for Indonesia in 2020 Mari Pangestu JAKARTA (JP): Raymond and Arya are my sons. They are four and two respectively, which means they will be 29 and 27 respectively by 2020. What kind of socio-economic conditions will they face in year 2020? Economic growth for the next 25 years is...

Higher growth vs equity

Higher growth vs equity President Soeharto devoted the greatest portion of his National Day Address on Wednesday to recounting the economic achievements over the last 30 years and charting out the economic development agenda for the remaining four years of the current Sixth Five Year Plan, the...

Biddings for Telkomsel's shares is getting heated

Biddings for Telkomsel's shares is getting heated JAKARTA (JP): The competition between overseas telecommunications operators to win the bid for a portion of the state-owned digital cellular telecommunications operator, PT Telkomsel, is becoming heated as the company is expected to announce its...

Students to be mobilized

Students to be mobilized JAKARTA (JP): The West Jakarta Office of the Education and Culture Ministry will mobilize 5,200 students and 2,400 teachers to join the Kenduri National gala party at the National Monument (Monas) square, Central Jakarta, on Saturday.

50 years: Progress at hand, clear targets ahead

50 years: Progress at hand, clear targets ahead Following are excerpts from the provisional translation of President Soeharto's State Address delivered at the plenary session of the House of Representatives (DPR) on Aug. 16 on the occasion of Indonesia's 50th Independence Day on Aug. 17.

Indonesia Rally moved from July to next May

Indonesia Rally moved from July to next May JAKARTA (JP): The Indonesia Rally will be moved from July to May next year to make way for a world championship race in Argentina, organizers say. Indrajit Sardjono, chairman of the Indonesia Rally Foundation, announced on Wednesday the annual rally...

Two killed in boat crash

Two killed in boat crash JAMBI, Jambi: Two people were killed and one is missing after two boats collided in the Batanghari River on Tuesday night, authorities said Wednesday. The KM Apollo and KM Kausar collided at 9:30 p.m., about 23 miles from the port of Jambi, Capt.

N-250 a success

N-250 a success We have good reason to be proud of witnessing the taking-off and safe landing of the commuter N-250 aircraft manufactured by Nusantara Aircraft Industry (IPTN), Bandung. What Mr. B.J. Habibie dreamed and spoke about on many occasions has become a reality.

Magsaysay award

Magsaysay award I read with interest the report on the Magsaysay award presented to Pramoedya Ananta Toer. The choice had drawn protests from some prominent intellectuals in Indonesia. It is evident that intellectuals are divided in this matter.

Growth targets revised upwards

Growth targets revised upwards JAKARTA (JP): The government has revised upwards some of the economic targets of its current five-year plan, with President Soeharto saying that, although the original targets now look certain to be surpassed, the nation should not allow itself to become complacent.

Rebels shoot civilian dead

Rebels shoot civilian dead DILI, East Timor: Local military chief Col. Mahidin Simbolon confirmed yesterday that Fretilin rebels killed a civilian last week in Manufahi, but denied reports that two soldiers died in an anti-government demonstration in Ermera.

Speaker supports calls for more democracy

Speaker supports calls for more democracy JAKARTA (JP): House Speaker Wahono insists it is high time for the government to meet public demand for more democracy, something he said was bound to come given the people's increasing political awareness.

Abdul-Jabbar to visit Jakarta

Abdul-Jabbar to visit Jakarta JAKARTA (JP): American basketball legend Kareem Abdul-Jabbar will be the star at a two-day event featuring the first-ever streetball championship in Indonesia starting on Aug. 26 at the Pondok Indah Mall parking lot in South Jakarta.

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 - Village Night with Frog Dance, Tuesday.

106 buses netted in operation

106 buses netted in operation JAKARTA (JP): A team set up by the City Land Transportation Agency netted 106 public transportation vehicles whose drivers violated various traffic rules during an intensive four-day operation which concluded on Monday.

House members call for greater equality

House members call for greater equality JAKARTA (JP): Legislators are saying that a high rate of economic growth is not, in itself, sufficient and are demanding a more equitable distribution of wealth. Hamzah Haz, chairman of the United Development Party faction in the House of Representatives,...

Police open new university

Police open new university JAKARTA (JP): The National Police have founded a new university which is scheduled to be opened next month. According to National Police Chief Gen. Banurusman Astrosemitro, the university will be called Universitas Bhayangkara (Ubhara) Metro, named after the emblem of the...

Developers renege on promises

Developers renege on promises JAKARTA (JP): Most housing developers in Bogor, some 60 km from here, have reneged on their promises to hand over social and public facilities to the city administration in return for building permits.

Female Indonesian workers

Female Indonesian workers From Sinar I am commenting on the article by Ms. Ulmi Kulsum Muzayin (Sinar, No. 35/Tahun II, July 15, 1995) entitled A success story of Female Indonesian Workers. I have been working for about two years in Saudi Arabia.

Singapore refinery crude runs down

Singapore refinery crude runs down SINGAPORE (Reuter): Singapore oil refiners are reducing operations hoping to reverse losses suffered in the last two weeks but are having to contend with weak product demand in the Far East, industry sources said.

World trade in halal food is booming

World trade in halal food is booming SINGAPORE (AFP): World trade in Moslem halal food is worth an annual US$81 billion and growing rapidly as new markets emerge and the Moslem population increases, a conference here was told yesterday.

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.

Reflecting after the 17th

Reflecting after the 17th On Aug. 17, 1995, at 00:01 hours, fifty years of independence will have come to pass. When the celebrations are over, however, little will have changed. Children will still plunder and pander in our city streets.

Model aircraft over Jakarta

Model aircraft over Jakarta JAKARTA (JP): About 100 radio-controlled model aircraft will color the sky over the Halim Perdana Kusuma Air Force base here on Sunday during a competition which will include, among other maneuvers, the three-inside loop, the stall turn, the Cuban eight.

Taiwan, Pertamina to sign LNG deal

Taiwan, Pertamina to sign LNG deal JAKARTA (JP): State-owned oil company Pertamina will sign a new 20-year contract with the Chinese Petroleum Corporation of Taiwan for the sale of liquefied natural gas (LNG) worth US$6.8 billion, an executive said yesterday.

Sumitro to get doctoral degree

Sumitro to get doctoral degree JAKARTA (JP): The Erasmus University of Rotterdam in the Netherlands will award an honorary doctoral degree in November to a senior Indonesian economist, Sumitro Djojohadikusumo, for his distinguished contribution to economics.

RI still ranks low on human development index

RI still ranks low on human development index JAKARTA (JP): Indonesia's rank in terms of the Human Development Index (HDI), as assessed by the United Nations Development Programme, remains the second lowest among the ASEAN countries.

Astra to produce vehicles in China and Vietnam

Astra to produce vehicles in China and Vietnam JAKARTA (JP): PT Astra International -- the country's largest automotive manufacturer -- has established two joint-venture companies in China and Vietnam to produce Daihatsu Zebra and Daihatsu Espas cars, the company's executives said on Wednesday.

Manila seeking more Indonesian investments

Manila seeking more Indonesian investments MANILA (UPI): The Philippines said Wednesday it is currently crafting an investment guarantee agreement with Indonesia in a bid to further enhance bilateral economic relations between the two countries.

Activists hold own anniversary celebration

Activists hold own anniversary celebration JAKARTA (JP): Leading human rights campaigners and government critics mingled with 2,000 youths and members of non-governmental organizations holding a high-spirited celebration of Indonesia's 50th anniversary of independence yesterday.

TV today

TV today TVRI 2:35 p.m. TV Series: Kabuto 3:05 Langka & Unik 3:30 Science Program 4:05 Student Quiz: Cerdas Cermat 4:30 Teenage Program 5:00 Regional News 5:30 Cultural Program 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:45 Sebaiknya Anda Tahu 7:00 Evening News 7:30 Dinamika 8:05...

Soeharto's speech hoped to boost investor interest

Soeharto's speech hoped to boost investor interest JAKARTA (JP): President Soeharto's rosy economic statement should improve investor confidence in the domestic capital market, securities analysts say. David Chang, Sigma Batara's research director, said that the President's speech reflected the...

PLN to operate two new subsidiaries

PLN to operate two new subsidiaries JAKARTA (JP): The Minister of Finance has approved the establishment of two subsidiaries by state-owned electricity company PT Perusahaan Listrik Negara (PLN), which will control power generation facilities in Java and Bali, an executive said.

Don's exploit names of national heroes: Official

Don's exploit names of national heroes: Official JAKARTA (JP): An official of the city administration warned businessmen on Wednesday not to use names of national heroes for commercial purposes, including in companies' names.

President reads poems to House

President reads poems to House JAKARTA (JP): The golden anniversary of Indonesia's independence appears to be a time for everyone to express themselves with a poem. President Soeharto is no exception. In his state of the nation address on Wednesday, Soeharto broke with tradition by starting his...

Merpati plane fails to fly

Merpati plane fails to fly KUPANG, East Nusa Tanggara: Thirty nine passengers disembarked frightened but relieved on Wednesday after their F-27 Merpati plane bound for Ujungpandang failed to take off due to mechanical breakdown. Capt.

Sea piracy rampant worldwide

Sea piracy rampant worldwide KUALA LUMPUR (AFP): Piracy is surging sharply worldwide, with Indonesia remaining the hottest bed for sea brigands and Somalia a dangerous hideout for heavily armed pirates, the International Maritime Bureau (IMB) said yesterday.

It's a different day in Jakarta

It's a different day in Jakarta JAKARTA (JP): Most of the 10 million Jakartans and the people living in surrounding areas celebrated the 50th anniversary of the country's independence yesterday in their neighborhoods in a joyful, family atmosphere.

Ex-political prisoners reunited with families after 29 years

Ex-political prisoners reunited with families after 29 years JAKARTA (JP): Soebandrio and Omar Dhani were reunited with their families on Wednesday, this time for good. Tears greeted them, but, unlike previous meetings, this time tears of joy trickled down the bright faces of the two men and those...

India interested in freedom of Asian people

India interested in freedom of Asian people By Jai Singh Yadav This is the first of two articles on the Asian Relations Conference held in 1947 which contributes to the consciousness of Asian identity following the collapse of colonial powers in the region.

Thailand to apologize to Myanmar over attack

Thailand to apologize to Myanmar over attack BANGKOK (Reuter): Thailand plans to apologize to Myanmar over an attack by Thai fishermen on Myanmarese crew in which Myanmarese were tied up, beaten and thrown overboard.

EU offers help on E. Timor issues

EU offers help on E. Timor issues JAKARTA (JP): A visiting delegation of the European Parliament is offering its good offices to help resolve differences between Indonesia and Portugal over the problem of East Timor.

Military takes over land dispute

Military takes over land dispute SURABAYA, East Java: The local Brawijaya military command is investigating the conflict between farmers and a local branch of the state-owned plantation company over land status. Brawijaya military commander Maj. Gen.

Coke donates Rp 250m to RI sports

Coke donates Rp 250m to RI sports JAKARTA (JP): Minister of Youth Affairs and Sports Hayono Isman received a cash donation of Rp 250 million (US$110,521) for national sports development from Coca-cola on Wednesday. The money was part of the profits collected between May and July from the sale of 12.

Water crisis hurts C. Java

Water crisis hurts C. Java SEMARANG, Central Java: Water shortages have begun to effect several regencies in the province, notably Grobogan and Boyolali, where wells are drying up. In Grobogan, the water shortage is the most obvious with trucks delivering clean water from the local government.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 16 1995: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 2,350 0 0 AHAP Insurance 3,200 -100 5,000 Alumindo Perkasa 1,100 0 0 Andayani Megah 2,050 0 254,500...

Gloom hangs over Indonesia: Intellectuals

Gloom hangs over Indonesia: Intellectuals JAKARTA (JP): The Democracy Forum, a loose discussion group chaired by controversial Moslem scholar Abdurrahman Wahid, has dropped its plan to issue an exceedingly short political statement: "No Comment. Don't know.

Fire razes six houses

Fire razes six houses JAKARTA (JP): Fire razed six houses at dawn yesterday in a Public Works Ministry housing complex in Ciputat, South Jakarta. The fire was suspected to have been caused by a candle. The South Jakarta fire brigade managed to put it out around 4 a.m.

Officials join poetry reading at Monas park

Officials join poetry reading at Monas park By Yoko N. Sari JAKARTA (JP): The Chairil Anwar Plaza at Monumen Nasional (Monas) Park looked different on Tuesday night. Hundreds of chairs and several mats surrounded the statue of the famous Indonesian poet, while dozens of public figures and poets sat...