Indonesian Political, Business & Finance News

Archive: 11 January 1996

Showing 51-55 of 55 articles

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.

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.

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.

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.

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.