Archive: 11 January 1996
57 articles found
Thu, 11 Jan 1996, 00:00 WIB
Asia to experience cement oversupply
Asia to experience cement oversupply JAKARTA (JP): Indonesia's annual cement production in 1998 will probably reach 44.4 million tons, far higher than the domestic demand of 37 million tons, Chairman of the Indonesian Cement Association Soepardjo said.
Thu, 11 Jan 1996, 00:00 WIB
Traffic trouble spot
Traffic trouble spot Traffic is getting worse at the Cirendeu-Sandratex intersection on Jl. Ciputat Raya, South Jakarta, where potholes and ineffective sewers exacerbate the problem. Trucks and other heavy vehicles are further destroying the road and the condition will continue to get worse unless repairs and improvements are made soon. ADITIA N.R. Pamulang
Thu, 11 Jan 1996, 00:00 WIB
Neighbors to help Afghan peace
Neighbors to help Afghan peace ISLAMABAD (Reuter): Visiting Iranian Foreign Minister Ali Akbar Velayati and Pakistani leaders agreed yesterday to work together for peace in Afghanistan. "Iran and Pakistan agreed to support efforts to bring the fratricidal fighting in Afghanistan to an end and to work for a peaceful solution which would be acceptable to all Afghan parties," a Pakistani foreign ministry statement said.
Thu, 11 Jan 1996, 00:00 WIB
PDI joins campaign against election fraud
PDI joins campaign against election fraud JAKARTA (JP): The Indonesian Democratic Party (PDI) joined the United Development Party (PPP) yesterday in calling for changes in the electoral rules to ensure a clean general election in 1997. PDI chairperson Megawati Soekarnoputri outlined the party's demands in a speech to mark the party's 23rd anniversary in Ambon, Maluku last night.
Thu, 11 Jan 1996, 00:00 WIB
Sentul prepares for motorcycling grand prix
Sentul prepares for motorcycling grand prix JAKARTA (JP): The Sentul circuit in Bogor, West Java is gearing up for the world motorcycling championship races planned for April 5 to April 7 with an improvement project on safety facilities.
Thu, 11 Jan 1996, 00:00 WIB
ABRI reports 14 kidnapped in Irian Jaya
ABRI reports 14 kidnapped in Irian Jaya JAKARTA (JP): The Indonesian Armed Forces (ABRI) is looking into reports that 14 people, including seven westerners, have been kidnapped in Irian Jaya. The 14 people may have been kidnapped by Free Papua Movement (OPM) rebels at the famous Baliem Valley in the Jayawijaya regency on Sunday, according to an Antara report. ABRI spokesman Brig. Gen.
Thu, 11 Jan 1996, 00:00 WIB
PT Air Liquide starts new operation
PT Air Liquide starts new operation SERANG, West Java (JP): PT Air Liquide Indonesia, a French joint venture company, inaugurated its air separation plant here yesterday, which was established with an investment of US$35 million to produce industrial gases.
Thu, 11 Jan 1996, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Music * Hotel Arya Duta, Jl. Prapatan 44-48,Central Jakarta: - Ambiente Italian Restaurant: Bonauli vocal group, Monday and Wednesday from 7 p.m. to 1 p.m.; Los Morenos, Tuesday, Thursday and Sunday from 7 p.m. to 11 p.m. - The Tavern Pub: Yeah Yeah Boys, Sunday and Thursday, 9:30 p.m. to 1 a.m. ; Geometrics Band, Monday to Saturday from 9:30 p.m. to 2 a.m.; Yeah yeah Boys Thursday 9 p.m. to a.m.: Front line Band, Friday from 9:30 p.m. to 2 a.m. * Century Park Hotel, Jl.
Thu, 11 Jan 1996, 00:00 WIB
Legislators testify in Bintang trial
Legislators testify in Bintang trial JAKARTA (JP): Four members of the House of Representatives and a journalist testified in court yesterday that they met with politician Sri Bintang Pamungkas in Germany in April, but none could shed any more light on his activities. The five testified for the government prosecutors who are charging that he insulted President Soeharto during a speech he made before Indonesian students in Germany.
Thu, 11 Jan 1996, 00:00 WIB
Aqua campaign
Aqua campaign From Bisnis Indonesia The Aqua drinking water company is campaigning, through a private television broadcast, to the effect that the used plastic bottles can be sold back to the company. Using animated cartoons in the campaign, the company is showing concern about the environment and says that the used bottles will be recycled so that they will still be useful to mankind. Of course the campaign has a good aim. However, there is something to be doubted, i.e.
Thu, 11 Jan 1996, 00:00 WIB
Garbage in Cidurian River
Garbage in Cidurian River From Suara Karya In the 1980s the Cidurian River in Bandung, West Java, often overflowed and flooded houses when heavy rains fell. This was caused by, among other things, the fact that the riverbed was not deep enough to hold the extra rain water and garbage piled up in the river so as to hinder the water flow. Then in the 1990s the river was dredged and widened. The situation improved much and no floods happened during the rainy season.
Thu, 11 Jan 1996, 00:00 WIB
The art of listening
The art of listening We are exalted by the recent statement of Dr. Koesnadi Hardjasoemantri. The professor from Gadjah Mada University said that our leaders need to learn the art of listening to the people. He said the right to express one's opinion is stipulated in the 1945 Constitution. And the leaders need to know the aspirations of the people in order to make the right decisions. An American scholar, John L.
Thu, 11 Jan 1996, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 10, 1996: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 775 0 0 AHAP Insurance 3,200 0 0 Alumindo Perkasa 1,375 0 0 Andayani Megah 1,750 25 616,500 Aneka Kimia Raya 6,200 0 5,000 Anwar Sierad 1,125 0 62,000 Aqua Golden Mississippi 1,500 0 0 Argha Karya Prima Industry 2,050 50 385,000 Argo Pantes 2,100 0 0 Asahimas Flat 2,450 0 647,000 Asiana IMI Indusrties...
Thu, 11 Jan 1996, 00:00 WIB
Major taxpayers urged to give more to the poor
Major taxpayers urged to give more to the poor JAKARTA (JP): The government is drumming up support for a new presidential decree which calls on big corporate and individual taxpayers to contribute more to the campaign to eradicate poverty. Presidential Decree No. 90/1995 calls on individuals who earn more than Rp 100 million (US$43,000) after income tax to donate up to two percent of their surplus to a new fund for the poor.
Thu, 11 Jan 1996, 00:00 WIB
Bad weather delays ASEAN-U.S. dialog
Bad weather delays ASEAN-U.S. dialog NUSA DUA, Bali (JP): The ASEAN-U.S. dialog scheduled to begin today has been postponed due to blizzards in the United States that grounded the American delegation in Washington. Izhar Ibrahim, Director General for Political Affairs at the Ministry of Foreign Affairs, told journalists here yesterday that officials from the Association of Southeast Asian Nations (ASEAN) have decided to postpone the dialog to a more convenient date, possibly in April.
Thu, 11 Jan 1996, 00:00 WIB
APEC ministers pass labor market information system
APEC ministers pass labor market information system MANILA (AFP): Ministers of the member economies of the Asia Pacific Economic Cooperation (APEC) forum yesterday endorsed the creation of a labor market information (LMI) computer network among themselves at a conference here.
Thu, 11 Jan 1996, 00:00 WIB
Marubeni to form RI venture
Marubeni to form RI venture TOKYO (Reuter): Japanese trading firm Marubeni Corp said yesterday it would form a joint venture in Indonesia with PT Mekar Armada of Indonesia to process steel coils and sell processed products. PT Marubeni Steel Processing Indonesia, to be capitalized at $6.7 million, will be 90 percent owned by Marubeni and 10 percent by Mekar, Marubeni said in a statement. It will be formed near Jakarta in April with investment of $20 million.
Thu, 11 Jan 1996, 00:00 WIB
Police take anti-riot training
Police take anti-riot training JAKARTA (JP): Sixty police officers are taking courses on defusing explosives and combating terrorism with an eye to next year's elections. The 12-day course for the City Police Mobile Regime (Brimob) was opened by Maj. Gen. Dibyo Widodo here yesterday, Antara reported. Widodo said that the training started "at the right time" and that it reflected the police's ongoing dedication to security in the capital.
Thu, 11 Jan 1996, 00:00 WIB
Rising demand causes vegetable prices to soar
Rising demand causes vegetable prices to soar JAKARTA (JP): The increasing demand for vegetables before the Islamic fasting month of Ramadhan has caused the prices of vegetables in the city to soar, an official says. However, the head of the cooperative and trade development department of the city economic bureau, Kartius Sinurat, said yesterday that the supply of vegetables to Jakarta is still stable.
Thu, 11 Jan 1996, 00:00 WIB
Toll road
Toll road From Bisnis Indonesia According to some developers, the widening of the Cibitung- Cawang toll road will solve the problem of traffic jams in that area. This might be true, but it will only cause traffic jams in other areas. One alternative is to accelerate the construction of the outer ring road of Cikunir-Kampung Rambutan section to intersect the Jakarta-Tangerang section of the toll road. This means that trucks and buses not going to Jakarta could use the outer ring road.
Thu, 11 Jan 1996, 00:00 WIB
Putri inspires E. Java to glory
Putri inspires E. Java to glory JAKARTA (JP): Putri Hasibuan chalked up two key victories to lead East Java to win the women's team title at the national table tennis championships in Bandung, West Java on Tuesday. Putri assured her side of the coveted trophy by upsetting home favorite Lingling Agustin 21-16, 20-22, 22-20 in their deciding fifth match, giving the East Javanese an overall 3-2 win.
Thu, 11 Jan 1996, 00:00 WIB
Experts says science is male dominated
Experts says science is male dominated JAKARTA (JP): Science and technology is still essentially a man's world, at least in Indonesia, an expert said yesterday. Jajah Koswara, a senior official of the Ministry of Education and Culture, said the various decision-making and advisory boards in the sciences and technology community are still dominated by men.
Thu, 11 Jan 1996, 00:00 WIB
Investors wary in wake of Enron plant revival
Investors wary in wake of Enron plant revival By Clarence Fernandez BOMBAY (Reuter): The revival of Enron Corp's multibillion dollar power plant in western India has rescued the country's largest foreign investment project but leaves as many uncertainties for investors as it resolves. Analysts said on Tuesday the end of the tug-of-war between the government of western Maharashtra state and the U.S.
Thu, 11 Jan 1996, 00:00 WIB
Air exercise launched
Air exercise launched UJUNGPANDANG, South Sulawesi: The Chief of the Air Force Second Command, Rear Marshal Mahpudin Taka, yesterday opened an air exercise codenamed Sikatan Daya. The exercise, which will last until Jan. 19, involves 820 personnel and some of the Air Force's fleets of aircraft, including F-16 and F-5 fighter jets. Although it is concentrated in Ujungpandang, the exercise will also involve command posts in East Java, to test coordination between flights and bases.
Thu, 11 Jan 1996, 00:00 WIB
UI's first on-campus dormitory opened
UI's first on-campus dormitory opened JAKARTA (JP): University of Indonesia (UI) Rector M.K. Tadjudin opened yesterday dormitories for new students on the university's Depok campus, 20 kilometers south of here. It is the first on-campus dormitory the 46-year-old university has ever had. Its Depok campus opened its gates in 1986. The new dormitories, consisting of four buildings with a total of 398 rooms, stands on 6,354 sq.m. of land.
Thu, 11 Jan 1996, 00:00 WIB
Forest companies told to raise workers' pay
Forest companies told to raise workers' pay JAKARTA (JP): Minister of Forestry Djamaludin Suryohadikusumo urged forest-related companies yesterday to pay their workers more than the new minimum wage levels announced recently by the government.
Thu, 11 Jan 1996, 00:00 WIB
Hyatt Int'l, ALatieF sign hotel agreement
Hyatt Int'l, ALatieF sign hotel agreement JAKARTA (JP): ALatieF Corporation, a private firm founded by Minister of Manpower Abdul Latief, signed here yesterday an agreement with the U.S.-based Hyatt International on the management of a star-rated hotel in Ujungpandang, South Sulawesi. ALatieF's president, Usman Ja'far, said that construction of the US$80-million hotel, to be called Hyatt Regency, will start in the middle of 1996 and be completed in the following 24 months.
Thu, 11 Jan 1996, 00:00 WIB
Hayono plans dialogs
Hayono plans dialogs DILI, East Timor: Minister of Youth Affairs and Sports Hayono Isman is slated to visit the province on Jan. 16-17 for a series of dialogs with East Timorese youths, Antara reported. A spokesman for the East Timor administration said this will be the first working visit by Hayono to the territory.
Thu, 11 Jan 1996, 00:00 WIB
Suwito loses world boxing title
Suwito loses world boxing title JAKARTA (JP): Suwito Lagola has lost his World Boxing Federation welterweight title after his manager canceled a rematch against William Magahin of the Philippines. The Chairman of the North Sumatra chapter of the Indonesian Boxing Commission Robert Siregar said yesterday that newly crowned Suwito was a victim of an irresponsible manager. "Poor Suwito!
Thu, 11 Jan 1996, 00:00 WIB
No new records set at lifting championships
No new records set at lifting championships JAKARTA (JP): The record breaking streak ended on the third day of the national weight lifting, power lifting and bodybuilding championships here yesterday, but it did not worry national coach Harry Wibowo much. Harry said that the absence of record breaking performances yesterday was not surprising. "We did not actually expect any records to be broken at this meet," he said.
Thu, 11 Jan 1996, 00:00 WIB
Police post upgraded
Police post upgraded JAYAPURA, Irian Jaya: The police post in the mining town of Tembagapura has been upgraded to a special precinct which also oversees the newly inaugurated town of Kuala Kencana. Chief of Irian Jaya Police Brig. Gen. Muharsipin told Antara that the expansion of the Tembagapura, the center of a huge mining operation, necessitates special police handling. This will be the second police precinct in the Timika regency.
Thu, 11 Jan 1996, 00:00 WIB
Jakarta expects 2 million tourists
Jakarta expects 2 million tourists JAKARTA (JP): The city targets two million foreign tourists by the end of the current Five-year Development Plan, which will end in 1999. The tourists are expected to stay an average of 7.4 days in Jakarta and spend some US$260 per day, the head of City Tourism Agency, Fauzie Bowo, said in a press release yesterday. "With the length of stay and daily expenses, the tourists will bring in US$3.9 billion," he said.
Thu, 11 Jan 1996, 00:00 WIB
Asahimas expands plant
Asahimas expands plant JAKARTA (JP): PT Asahimas Flat Glass Co. Ltd. has started constructing its fourth float production line in Surabaya, East Java, at a cost of US$100 million. The company said in a statement here that the construction of the new manufacturing facility, whose ground breaking was conducted on Tuesday, is funded by initial public offering (IPO) proceeds, internal financing and bank borrowing.
Thu, 11 Jan 1996, 00:00 WIB
Nagpur stadium cleared as World Cup venue
Nagpur stadium cleared as World Cup venue NEW DELHI (AFP): A cricket stadium in the Indian city of Nagpur, where a wall collapse killing 10 fans during an international in November, was confirmed yesterday as a venue for next month's World Cup. A senior World Cup official told AFP that the Australia- Zimbabwe match on March 1 would be held at Nagpur, near Bombay, as scheduled after local authorities declared the stadium to be safe.
Thu, 11 Jan 1996, 00:00 WIB
Kuwait lends RI $40m
Kuwait lends RI $40m KUWAIT (Reuter): Kuwait said yesterday it had agreed to lend Indonesia 12.2 million dinars (US$40 million) to help fund construction of roads and a bridge in Bandung city. The loan from the state-owned Kuwait Fund for Arab Economic Development is repayable over 20 years and carries interest of 3.5 percent, the official Kuwait News Agency reported.
Thu, 11 Jan 1996, 00:00 WIB
Schaller moves into quarterfinals
Schaller moves into quarterfinals JAKARTA (JP): Second seed Gilbert Schaller of Austria survived a second-set thriller on his way to a 3-6, 7-6 (7-1), 6-1 win over Hungarian Sondar Noszaly for a quarterfinal berth of the US$328,000 Indosiar Men's Open tennis championships yesterday. Playing on the center court at the Senayan tennis complex, world number 20 Schaller went a set down and let Noszaly hold two match points in the second set, but managed to keep his cool to turn the tables on him.
Thu, 11 Jan 1996, 00:00 WIB
Two arrested for killing bird's nest businessman
Two arrested for killing bird's nest businessman JAKARTA (JP): A businessman dealing in swallow nests was killed yesterday morning by two robbers in his four-story shop/house in the Robinson shopping complex in Pejagalan, North Jakarta. The suspected killers, who failed to take anything from the scene, were arrested while hiding in the attic of a nearby shop. Police detectives found them there four hours receiving the robbery report.
Thu, 11 Jan 1996, 00:00 WIB
Jakarta to observe National Press Day
Jakarta to observe National Press Day JAKARTA (JP): Governor Surjadi Soedirdja will launch tomorrow the 1996 National Press Day in Jakarta which will mark a two- month long schedule of activities, the head of the Indonesian Journalists' Association said.
Thu, 11 Jan 1996, 00:00 WIB
Seminar debates eroticism in Indonesian art and cultur
Seminar debates eroticism in Indonesian art and cultur By Dini S. Djalal Jakarta (JP): Is so-called Western civilization polluting Indonesian society? Only if you think Indonesian society is pristine, said speakers at last week's seminar at Taman Ismail Marzuki entitled The Value of Eroticism in Indonesian Art and Culture.
Thu, 11 Jan 1996, 00:00 WIB
On loving all
On loving all An innocent comment by Mr. Chandramouli in his letter (The Jakarta Post, Dec. 14, 1995) invited an interesting discussion by Mr. D. Prabhakar in his letter of Dec. 21, 1995. While I do agree with most of his views, the following points need to be raised. While loving all is an easy task, one can and should progress towards that goal. Human beings are endowed with a developed intellect which helps them to progress towards the goal of human life.
Thu, 11 Jan 1996, 00:00 WIB
Perdana Cipta splits stock
Perdana Cipta splits stock JAKARTA (JP): The shareholders of publicly-listed PT Perdana Cipta Multi Finance approved yesterday the management's proposal to raise its authorized capital from Rp 100 billion (US$43.38 million) to Rp 500 billion and to split one old share into two new shares. A director of the company, Budi Raharjo, told journalists after an extraordinary shareholders meeting that the split will be undertaken by halving the nominal value of the shares from Rp 1,000 to Rp 500.
Thu, 11 Jan 1996, 00:00 WIB
Log supply shortage hits plants
Log supply shortage hits plants JAKARTA (JP): A log supply shortage has hit many plywood plants in the province of East Kalimantan, where 25 percent of Indonesia's plywood is produced, a regional official said. "The shortage was caused by the government's decision not to extend several forest concessions last year," the chairman of the East Kalimantan chapter of the Indonesian Forestry Association, B.S. Suba, told Antara in Samarinda yesterday.
Thu, 11 Jan 1996, 00:00 WIB
Soeharto acknowledges administration has faults
Soeharto acknowledges administration has faults JAKARTA (JP): President Soeharto yesterday admitted that his administration is not without faults or weaknesses, and stressed that he is willing to be corrected. Soeharto held a nostalgic meeting in Taman Mini with former student activists whose street demonstrations in 1966 were pivotal in paving the way for his rise to power.
Thu, 11 Jan 1996, 00:00 WIB
Telkom, Japanese plan cable project
Telkom, Japanese plan cable project JAKARTA (JP): The state-owned telecommunications company PT Telkom yesterday signed a memorandum of understanding with a Japanese consortium for the installation of fiber-optic cables in South Jakarta. In the agreement with the Japanese companies Fujitsu and Furukawa, PT Telkom has replaced 500 copper telephone cables with fiber-optic cables in Pondok Indah Mall, Pondok Indah Plaza, and the surrounding business areas. The president of PT Telkom, Setyanto P.
Thu, 11 Jan 1996, 00:00 WIB
Telekom Malaysia iffy about Kalimantan deal
Telekom Malaysia iffy about Kalimantan deal KUALA LUMPUR (AFP): State-owned Telekom Malaysia is reassessing a major telecommunications joint-venture with Indonesia's PT Telekomunikasi Indonesia (Telkom) in Kalimantan, a report said yesterday. "If we need to, we are ready to abort the venture," Telekom's Chief Executive Officer and Managing Director Mohamed Said Mohamed Ali was quoted as saying by the New Straits Times daily.
Thu, 11 Jan 1996, 00:00 WIB
Two Timorese seek asylum at Australian embassy
Two Timorese seek asylum at Australian embassy JAKARTA (JP): Two East Timorese women entered the Australian embassy in Jakarta yesterday and asked for political asylum. The Australian government was studying the demands last night. "Yes, there were two East Timorese women in the embassy and they were asking for asylum," John Milne, the embassy's spokesman told The Jakarta Post by phone. The Australian government has not decided whether their demand would be met or not.
Thu, 11 Jan 1996, 00:00 WIB
ASEAN officials deliberate on security issue
ASEAN officials deliberate on security issue NUSA DUA, Bali (JP): Senior officials of the Association of Southeast Asian Nations (ASEAN) met this week to prepare some of the main events on their agenda, including establishing a deputy secretary general post and discussions on regional security.
Thu, 11 Jan 1996, 00:00 WIB
Minimum wage raised
Minimum wage raised Trade unions are understandably disappointed with the 10.63 percent average increase in the minimum wage level. The raise, effective as from April 1, will increase the workers' purchasing power by only about 2 percent, given last year's inflation of 8.64 percent. Moreover, the increase is the lowest over the last three years -- 17.7 percent in 1993, 30 percent in 1994 and 18.6 percent in 1995.
Thu, 11 Jan 1996, 00:00 WIB
TV today
TV today TVRI 2:30 p.m. Travel: Face of My Country 2:35 TV Series: Ultraman 3:00 News: News Highlights 3:05 Dance Performance: Traditional dances 3:30 TV Drama: Harapan Nan Sirna 4:00 Regional News 4:05 TV Drama: Harapan Nan Sirna (continued) 4:30 Women's World: Medical Services 4:55 Filler/Trailer 5:00 Regional News 5:25 Travel: Face of My Country 5:30 Arabic Lessons: Famous ancient building 6:00 News: News Highlights 6:05 Nusantara, the Beloved Country: Central Java 6:15 Village Program 6:25...
Thu, 11 Jan 1996, 00:00 WIB
Flood victims to be relocated
Flood victims to be relocated JAKARTA (JP): The city administration will build low-cost apartments in flood hit areas in Jati Petamburan, Central Jakarta, in an attempt to provide better housing to local flood victims. The head of the city housing agency, Onky Sukasah, said yesterday that the five-story apartment buildings will stand on a two-hectare plot. "The project will start in 1997," he said.
Thu, 11 Jan 1996, 00:00 WIB
Misperception hinders changes in education
Misperception hinders changes in education By Mochtar Buchori JAKARTA (JP): Every educational system has gone through a transformation process at one time or another. Transformation is a rejuvenation process. To wisely guide a system through such a process is a very hard task. Most systems are either reluctant or afraid to adopt changes, until one day circumstances force them to change their entire foundations, structures and operations. Then transformation becomes an unavoidable necessity.
Thu, 11 Jan 1996, 00:00 WIB
Singapore's Yeo unveils Asian expansion plans
Singapore's Yeo unveils Asian expansion plans SINGAPORE (Reuter): Singapore's soft drinks group Yeo Hiap Seng Ltd. unveiled expansion plans for the Asia-Pacific region yesterday and said it was close to renewing its sales and bottling franchise with PepsiCo. Yeo's managing director and chief executive officer Alex Chan told a briefing Yeo's was planning new investments in China, Thailand and Indonesia for 1996.
Thu, 11 Jan 1996, 00:00 WIB
New plots for tidal wave victims
New plots for tidal wave victims PALU, Central Sulawesi: Hundreds of families whose home in the Tonggolobibi village were destroyed by tidal waves this month will be resettled in a safer area further inland, Antara reported. Sites for the affected villagers have already been designated by the government and they would be parceled out to each family, Abdullah Baksh, the chief of the Social Services Office was quoted by the news agency as saying.
Thu, 11 Jan 1996, 00:00 WIB
Secure parking
Secure parking From Kompas In response to the complaint by Mr. Danar Wisnu Prabowo on Secure Parking at Senayan Plaza (Kompas, Jan. 5, 1996) we would like to clarify the matter. Following an inquiry we realized that such an incident should not have happened. The incident was caused by a member of our staff, and we would like to apologize for the inconvenience caused. We thank Mr. Prabowo for the information he gave us, which will be valuable in our continuous campaign to improve our services.
Thu, 11 Jan 1996, 00:00 WIB
Export drop blamed on rupiah value
Export drop blamed on rupiah value JAKARTA (JP): The "unrealistically slow" depreciation of the rupiah against the American dollar and various levies imposed on businesses are the main factors responsible for the weakening of Indonesia's export competitiveness, experts said yesterday. Sjahrir, managing director of the Institute for Economics and Financial Research, said here yesterday that the rupiah is currently overvalued against the U.S. dollar.
Thu, 11 Jan 1996, 00:00 WIB
Nusa Dua Hotel: Witness to many important talks
Nusa Dua Hotel: Witness to many important talks By Benito Lopulalan NUSA DUA (Bali): Only God knows how many important dialogs related to world affairs have been conducted within the rooms of the Nusa Dua Beach Hotel. After it opened to the public in 1982, and since its inauguration by President Soeharto in 1983, the hotel has silently witnessed the private conversations of kings and presidents in their most private moments.
Thu, 11 Jan 1996, 00:00 WIB
Forum on Canada-RI trade
Forum on Canada-RI trade JAKARTA (JP): A "Canada-Indonesia Business Forum" will be organized here on Jan. 17 to bring together over 600 senior business executives from both countries. The Canadian embassy announced here yesterday that the business forum will be held as part of the activities associated with the state visit of Canadian Prime Minister Jean Chretien.