Indonesian Political, Business & Finance News

Archive: 8 September 1995

52 articles found

Police investigate doctor's death

Police investigate doctor's death JAKARTA (JP): Police are continuing their investigation into the death of Dr. A.R. Gan Hong Bing, who is believed to have committed suicide at a friend's house in Kemanggisan Ilir, West Jakarta.

The Listening Post

The Listening Post * There are two poor little punctuation orphans who want to be your helpers: but you might not really appreciate them. I'm talking about the colon and the semicolon; neither are used sufficiently in the English-language composition of Indonesians including, alas, many of our...

PLN's five-year bonds book oversubscription

PLN's five-year bonds book oversubscription JAKARTA (JP): The State Electricity Company's (PLN) four-year bonds worth Rp 680 billion (US$300 million) have been oversubscribed by 66.61 percent, said the lead underwriter of the bond issue."The applications for the bonds reached Rp 1.

Merrill Lynch to organize conference on capital market

Merrill Lynch to organize conference on capital market JAKARTA (JP): Merrill Lynch & Co. Inc., a United States-based securities firm, will organize a conference on the future of the Indonesian capital market here on Nov. 14-15, an executive said here yesterday.

Satellite will help forest fire detection

Satellite will help forest fire detection SAMARINDA, East Kalimantan (JP): The National Space and Aviation Agency has developed a method to detect, through satellite images, forest fires at their earliest occurrence.

Small businesses need banks help

Small businesses need banks help The current issue of collateral-free loans to small businesses was discussed in an economic and financial ministerial meeting on Monday. The Jakarta Post talked to noted economist Laksamana Sukardi to shed some light on the issue.

Water supply from Jatiluhur

Water supply from Jatiluhur JAKARTA (JP): The most economical way of meeting Jakarta's rising demand for water over the next 10 years is to increase the amount of water taken from the Jatiluhur dam in West Java, an official said yesterday.

Modern Bank to float Rp 100b in bonds

Modern Bank to float Rp 100b in bonds JAKARTA (JP): Modern Bank, a bank listed on the Jakarta Stock Exchange, plans to float five-year bonds worth Rp 100 billion (US$44.64 million).Bank president Bobby Sudarso said the bonds, which will mature on Oct.

Jakarta wins Coke Cup soccer c'ship

Jakarta wins Coke Cup soccer c'ship SURABAYA (JP): Two goals by Sofyan sealed Jakarta's victory over West Java in the final of the 10th Coke Cup National Under- 15 soccer championship here yesterday.President Soeharto was scheduled to present the prestigious trophy to captain Yani M. Yamin on Sept.

Small firms want telecoms role

Small firms want telecoms role JAKARTA (JP): Medium and small-scale telecommunications firms are keen to participate in the government's project to establish five million new telephone lines before the end of the current five-year development plan, an executive said yesterday.

Starsauto to launch new car

Starsauto to launch new car JAKARTA (JP): PT Starsauto Dinamika, a joint-venture company comprised of Daewoo Corporation of South Korea and Indonesia's Starsurya Group, says it will launch its Espero 2000 cc MPi sedan here next Tuesday.

Abolish levies on shipping firms: Minister

Abolish levies on shipping firms: Minister JAKARTA (JP): Minister of Transportation Haryanto Dhanutirto is calling for the abolition of various levies imposed on domestic shipping firms in order to improve their share in the country's shipping activities.

Gold coins

Gold coins In order to commemorate 50 years of independence, Bank Indonesia, in cooperation with the National Council of the 1945 Generation, have issued two gold coins. The coins consist of two series, the "Presidential Series" with a face value of Rp 850,000 and the "Democratic Series", with a...

Breadfruit

Breadfruit During his meeting with fishermen in Muara Karang, North Jakarta, recently, President Soeharto suggested that the fishermen grow breadfruit when the weather is too bad to go to sea. The produce, according to the President, can be exported.

No place for opposition: Soeharto

No place for opposition: Soeharto JAKARTA (JP): President Soeharto has dismissed the proposal that opposition parties be recognized in Indonesian politics, saying the notion is inconsistent with the values contained in the state ideology Pancasila and the 1945 Constitution.

RI told to ratify conventions on women workers

RI told to ratify conventions on women workersBy Santi WE Soekanto and Carla Bianpoen BEIJING (JP): The International Labor Organization (ILO) yesterday singled out Indonesia among major exporters of labor for failing to ratify world conventions on the protection of women migrant workers.

Thousands flee as floods engulf New Delhi

Thousands flee as floods engulf New Delhi NEW DELHI (AFP): Thousands of people fled their homes in the Indian capital yesterday as flood waters from a rain-swollen river gushed into crowded residential districts of the city, officials here said.

Thinking the unthinkable?

Thinking the unthinkable? As the authorities remain silent in the face of rising demands for openness, the desire for further democratization snowballs. A short while ago, House Speaker Wahono asked lawmakers to reflect on their performances as representatives of the people.

Astek diversification plan meets opposition

Astek diversification plan meets opposition JAKARTA (JP): The state-run insurance company PT Astek's plan to invest its clients' money in other ventures met with strong objection from the House of Representatives yesterday.

Minister reveals fraud in timber documents

Minister reveals fraud in timber documents JAKARTA (JP): Minister of Forestry Djamaludin Suryohadikusumo revealed yesterday the discovery of falsified shipment documents for timber entering Java."The false documents have not only brought illegally-cut timber to Java from other islands but also...

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 Angklung and Kolintang music entertainment, Wednesday. Notte Italiana music by Capo Dastro, Thursday.

Hartarto asked to take action on Bali Declaration

Hartarto asked to take action on Bali Declaration JAKARTA (JP): President Soeharto has assigned Coordinating Minister for Industry and Trade Hartarto and other ministers to formulate guidelines to assist large companies in their declaration to help accelerate the development of small businesses.

Company asked to halt Klender market project

Company asked to halt Klender market project JAKARTA (JP): City councilors have called on city-owned market managing company PD Pasar Jaya to temporarily stop the development of the Klender market in East Jakarta, pending the council's granting of approval for the use of the site, which belongs to...

Exhibition of children's paintings

Exhibition of children's paintings JAKARTA (JP): Minister of Education and Culture Wardiman Djojonegoro is scheduled to open an exhibition of children's paintings on Monday, Sept. 11.The exhibition, which will be held at the Herwino Art Gallery in Kebayoran Baru, South Jakarta, will display some...

Time-Life moves Asia HQ to S'pore from Hong Kong

Time-Life moves Asia HQ to S'pore from Hong Kong SINGAPORE (Reuter): U.S. publisher Time-Life Inc said yesterday it was moving its Asian headquarters from Hong Kong to Singapore.Bill Helmuth, Time-Life director of sales and marketing in Asia, told Reuters the move, which began in August, had been...

Four questioned over copied phones

Four questioned over copied phones JAKARTA (JP): City police spokesman Lt. Col. Bambang Permantoro confirmed to reporters yesterday that four entertainers have been questioned by city police for using counterfeit hand phones.

Bandung's Studiklub illustrates freedom's obstacles

Bandung's Studiklub illustrates freedom's obstaclesBy C.G. Asmara JAKARTA (JP): After a successful run in Bandung last month, Studiklub Teater Bandung (STB) performed Don Carlos at Teater Tertutup, Taman Ismail Marzuki Arts Center between Sept. 2 and 4.

TOEFL test

TOEFL testFrom Media IndonesiaOn Sept. 2, 1995 I took the TOEFL test prepared by the National Development Planning Board. I was just curious to know what score I would achieve from such a test, which cost me Rp. 45,000.

ASEAN moves towards freeing trade in services

ASEAN moves towards freeing trade in services BANDAR SERI BEGAWAN (AFP): Members of the Association of Southeast Asian Nations (ASEAN) took steps yesterday towards freeing up trade in services and protecting copyrights to beef up economic integration, officials said.

Farmers demand fair compensation

Farmers demand fair compensation JEPARA, Central Java: Dozens of farmers protested to the regency legislative council yesterday to press their demands for higher land compensation. Their land is to be acquired for a steam-generated power plant.The project will have to resettle about 500 farmers.

Communist, leftist activity seen increasing: Feisal

Communist, leftist activity seen increasing: Feisal JAKARTA (JP): Armed Forces Chief Gen. Feisal Tanjung has advised all regional military commanders to raise their alertness to what he says is are increasing communist and leftist activities in Indonesia.

Elephants sell well in Lampung

Elephants sell well in Lampung BANDAR LAMPUNG, Lampung: Orders to buy "graduates" of the Way Kambas elephant training center are streaming in, according to a senior local official.Chief of the provincial forestry office ASM Panjaitan said most orders come from forest concession holders who need the...

RI building boom could mean big business for Australia

RI building boom could mean big business for Australia SYDNEY (AFP): An Australian minister yesterday urged the country's building firms to tap into Indonesia's housing boom."To guarantee the ongoing viability of an industry which employs, directly and indirectly, 500,000 Australians, it is...

Boycott French goods: YLKI

Boycott French goods: YLKI JAKARTA (JP): The Indonesian Consumers Foundation (YLKI) is calling for a total boycott of French products in protest over Paris' total disregard of world objection to the French government's latest nuclear test at Mururoa atoll.

RI vows to win SEA Games crown

RI vows to win SEA Games crown JAKARTA (JP): The Indonesian National Sports Council (KONI) reiterated yesterday its goal of retaining the overall championship title at the 18th Southeast Asian Games in Chiang Mai, Thailand, in December.

RI-Dutch poetry fiesta gets limited applause

RI-Dutch poetry fiesta gets limited applause JAKARTA (JP): Dari Priok ke Kota: aduh mak, macetnya, macetnya! (From Priok to downtown Kota, oww, such a jam, such a jam!)Hamid Jabbar's poem Permutasi Mas Merdeka was read at the Indonesian-Dutch Poetry Festival held at the Dutch Cultural Center,...

Sun eclipse in North Sulawesi

Sun eclipse in North Sulawesi JAKARTA: The National Aeronautic Agency predicted yesterday that a full eclipse of the sun will occur in Sangihe-Talaud, North Sulawesi, on Oct. 24 from 1:13 p.m through 1:15 p.m.

Wiranto urges residents of Koja to relocate

Wiranto urges residents of Koja to relocate JAKARTA (JP): Jakarta Military Chief Maj. Gen. Wiranto yesterday asked about 1,500 families in Koja Utara, North Jakarta, to relocate because the 90-hectare plot of land they are occupying will be used as a cargo terminal.

Stolen vehicles

Stolen vehiclesFrom KompasI have every reason to be happy and hope that the police will be successful in their "Golden Zebra" operation, so that traffic discipline can be satisfactorily implemented throughout Indonesia.

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.

Kurniawan may not be included

Kurniawan may not be included GRESIK, East Java (JP): The All-Indonesia Football Federation (PSSI) must not bow to the will of the public or soccer fans in selecting players for the 18th Southeast Asian Games in Chiang Mai, Thailand, Dec. 9 to Dec. 17.

TV today

TV todayTVRI 2:35 p.m. TV Series: Good Vibration 3:05 Langka & Unik 3:30 Science Program 4:05 Student Quiz: Cerdas Cermat 4:30 Youth Program 5:00 Regional News 5:30 Management 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:45 You Should Know 7:00 Evening News 7:30 Dinamika 8:05 Music:...

Letters to the 'Post'

Letters to the 'Post' There once was a man who could boast, Pseudo letters he sent to the Post, Nothing better to do Piero irked a few, Now we've all had a laugh at his roast. TOM MEIDINGERJakartaNote: We received two other letters delivering a similar message. -- Editor

Govt clears Harmoko of wrongdoing

Govt clears Harmoko of wrongdoing JAKARTA (JP): The Attorney General's Office cleared Minister of Information Harmoko yesterday of any intentional wrongdoing in mispronouncing the Koran.Basrief Arief, chief spokesman of the Attorney General Office, told reporters that a team led by head of the...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 7, 1995: Shares Close Change Trading Volume --------------------------------------------------------------- Ades Alfindo 2,450 0 0 AHAP Insurance 3,250 0 0 Alumindo Perkasa 1,100 0 0 Andayani Megah 1,825 -25 56,500 Aneka...

Government prepares huge anti-polio campaign

Government prepares huge anti-polio campaign JAKARTA (JP): The Ministry of Health will set up 275,000 posts throughout the country for a nation-wide anti-polio drive which will commence next Wednesday.Minister of Health Sujudi told reporters here yesterday that the posts will be established in...

Water supply in West Jakarta

Water supply in West Jakarta JAKARTA (JP): Water supplied by the city-owned water company PAM Jaya to Jl. Pluit Timur, Jl. Mawardi and Jl. Jembatan II in West Jakarta will be temporarily suspended from Friday until Sunday.H.

Unleaded petrol

Unleaded petrol On Aug. 19, 1995 The Jakarta Post published an article titled Unleaded gasoline introduced. I must admit that its contents quite surprised me.Who is going to buy unleaded petrol at Rp 1000 per liter when leaded regular and premix cost only Rp 700 and Rp 870 respectively? In most...

Council not informed about barter accord

Council not informed about barter accord JAKARTA (JP): City councilors expressed concern yesterday over the city administration's decision to approve an agreement for the barter of a city-owned gymnastics hall in Central Jakarta without first consulting with the council.

Open debate

Open debate For the first time ever a government body has held a forum of open debates, involving various scholars, academicians, businessmen and NGOs. The forum was held in the office of the National Development Planning Board on Aug.

Askes to raise premium of health insurance

Askes to raise premium of health insurance JAKARTA (JP): The state-owned Health Insurance Company (Askes) has requested that the House of Representatives approve the company's plan to increase its premium in order to improve its services.

Paintings by Spies to go on exhibit

Paintings by Spies to go on exhibit JAKARTA (JP): To celebrate Indonesia's 50th Independence anniversary, the Goethe Institut Jakarta in cooperation with Ministry of Culture and Education will hold a paintings exhibition called "Walter Spies in Indonesia" at Wisma Seni Rupa, Gambir, Central...