Indonesian Political, Business & Finance News

Archive: 15 January 1996

43 articles found

Jakarta stock mart defends its high transaction fees

Jakarta stock mart defends its high transaction fees JAKARTA (JP): The president of the Jakarta Stock Exchange (JSX) has defended its high transaction fees, saying the manager of the capital market needs a large amount of funds for its expansion programs.

PDI wants people to form elections watch committees

PDI wants people to form elections watch committees JAKARTA (JP): The Indonesian Democratic Party (PDI) appealed on Saturday to people throughout Indonesia to form their own watch committees in their district to prevent cheating in the 1997 general election.

Policeman accused of extortion

Policeman accused of extortion JAKARTA (JP): Relatives of an elderly robbery suspect have accused the head of the Kronjo police subprecinct in Tangerang, 30 kilometers west of here, of extortion, and reported him to his superior.

Floods inflict $18.39m in losses

Floods inflict $18.39m in losses JAKARTA (JP): The recent floods which killed 10 people and devastated five mayoralties have inflicted a total of Rp 39.54 billion (US$18.39 million) in material losses.The City Social Services Agency reported on Saturday that the amount was calculated on the basis...

No more privileges for youth leaders

No more privileges for youth leaders JAKARTA (JP): State Minister of Youth Affairs and Sports Hayono Isman said today's youth leaders should not expect the business privileges and protection which some of their predecessors enjoyed from the government.

Environmental studies not effective: Expert

Environmental studies not effective: Expert JAKARTA (JP): An expert said environmental impact analysis studies are conducted too late to be effective.Otto Sumarwoto, a former professor of environment at the Padjadjaran University in Bandung, on Sunday criticized the practice of separating the...

Cement price hikes may hurt governments's housing program

Cement price hikes may hurt governments's housing program JAKARTA (JP): The hikes in cement prices could severely undermine the government's program to build houses for the poor, Minister of Public Housing Akbar Tandjung said on Saturday.

Food arrangement night

Food arrangement night JAKARTA (JP): The Sekar Saji Nusantara Foundation will hold an "Inspiration Participation Night" in a bid to preserve the art of Indonesian food arrangement, which, it said, has been eroded and changed by foreign cultures.

TV today

TV todayTVRI 2:30 p.m. Travel: Wajah Negeriku 2:35 TV Series: Saber Rider and The Star Sheriff 3:00 News: Lintasan Berita 3:05 Children's Program: Riang Ria 3:30 TV Series: The Crystal Maze 4:00 News: Lintasan Berita 4:30 School Quiz: Cepat Tepat 5:00 Evening News 5:25 Travel: Wajah Negeriku 5:30...

Bodybuilder against testing process

Bodybuilder against testing process SINGAPORE (AFP): Singapore bodybuilder Jojo Sinclair, who could be banned for two years and stripped of her world lightweight title after failing a drug test, is challenging the manner in which the test was performed.

Keating's visit in KL expected to boost trade

Keating's visit in KL expected to boost trade KUALA LUMPUR (AFP): Australian Premier Paul Keating begins a three-day visit here today expected to smooth almost four years of testy bilateral ties further soured when he called his Malaysian counterpart, Mahathir Mohamad, a recalcitrant.

Sarwono pessimistic about Davis Cup

Sarwono pessimistic about Davis Cup JAKARTA (JP): Indonesia chances of winning against South Korea in the Davis Cup Asia-Oceania qualifying zone here next month are getting slimmer, chairman of Indonesian Tennis Association (Pelti) Sarwono Kusumaatmadja said yesterday.

Taiwan's Lin claims first Asian PGA c'ship crown

Taiwan's Lin claims first Asian PGA c'ship crown HONG KONG (AFP): A final round 68 by Taiwan's Lin Keng-chi at the Omega PGA Championship in Hong Kong yesterday was just enough to see off Thai rival Boonchu Ruangkit in the final Asian PGA order of merit standings.

OPM demands plane in exchange for hostages

OPM demands plane in exchange for hostages JAKARTA (JP): Free Papua Movement (OPM) rebels have demanded that authorities in Irian Jaya provide them with a non-military plane and a civilian pilot in exchange for the release of the remaining hostages they are still holding, Antara reported yesterday.

Telkom hoped to sell 34.5m ADRs

Telkom hoped to sell 34.5m ADRs JAKARTA (JP): Foreign securities companies expect the state- owned domestic telecommunications company PT Telkom to launch its second offering of 34.5 million American Depository Receipts (ADR) on foreign markets this year.

EU sets out ideas on boosting ties with Asia

EU sets out ideas on boosting ties with Asia BRUSSELS (Reuter): The European Commission this week sets out its shopping list for a March summit in Bangkok between the European Union and 10 Asian tiger economies that will focus on politics and improved trade.

Schalken beats El Aynaoui to win tennis championships

Schalken beats El Aynaoui to win tennis championships JAKARTA (JP): Young gun Sjeng Schalken of the Netherlands tamed a drained Younes El Aynaoui of Morocco to win the US$328,000 Indosiar Men's Open tennis championships here yesterday.

Mail Idul Fitri cards right away

Mail Idul Fitri cards right away JAKARTA (JP): Idul Fitri greeting card senders should mail their cards at least two weeks before the holiday, to ensure they reach their destinations on time, the Jakarta Post Office spokesman, A. Pandhu Rieswandhi, said.

Taiwan's investment growth slows

Taiwan's investment growth slows TAIPEI (Reuter): Despite Taiwan's "southbound policy" to promote trade in southeast Asia, the growth of its investment in several southeast Asian nations slowed and even showed negative growth in recent months.Investment in Vietnam fell 0.

Another landslide victim discovered

Another landslide victim discovered MANADO, North Sulawesi: The decomposed body of three-year-old Adri Rantung was found on Friday by rescue workers plowing trough mounds of dirt created by a recent landslide.Antara reported that, with Adri, the fatalities in the disaster now total six.

Six-year term sought for sake

Six-year term sought for sake MALIANA, East Timor: Prosecutors are demanding a six-year sentence for Zakarias Sake, a 30-year old prison employee for alleged blasphemy.Sake is the second man to be tried in the Maliana District Court in a case which had sparked the September violent rioting in the...

Five plywood plants in trouble due to poor management

Five plywood plants in trouble due to poor management JAKARTA (JP): Minister of Forestry Djamaludin Suryohadikusumo disclosed that five plywood factories are currently in deep trouble due to poor management practices and irresponsible logging.

EIDE or SCSI: Which one should you choose?

EIDE or SCSI: Which one should you choose?By Zatni Arbi JAKARTA (JP): Just two months ago I assembled a 120 MHz Pentium system for a client. We put in 16 MB of RAM made by Kingston, a fast Winfast SuperVGA card from Leadtek, and a 540 MB IDE hard disk from Quantum.

Police arrest killer of child

Police arrest killer of child JAMBI, Jambi: The police at the Bungo Tebo regency have arrested a woman suspected of killing her own two-year old daughter, which she considered an obstruction to her love affair, Antara reported.Local police chief Lt. Col.

Eradicating poverty

Eradicating povertyFrom MerdekaEradicating poverty is not an easy job. It needs serious efforts. Conglomerates should participate in the poverty eradication program. We know that about 30 million people still live under the poverty line.

Helping the poor

Helping the poor Apart from the qualified support of its implementation, Presidential Decree No. 90/1995, which calls on the rich to donate up to two percent of their income to poverty alleviation, offered observers no great surprise.

Irian Jaya kidnapings

Irian Jaya kidnapings An appalling incident has marred the new year's joyful mood. In Irian Jaya, 24 Indonesians and foreigners who were doing research on the flora and fauna of the area were kidnaped by a band of people.

Garuda's passengers up 11%

Garuda's passengers up 11% JAKARTA (JP): The number of passengers flying with Garuda Indonesia in the January to November period of last year was 4.58 million, rising by almost 11 percent from 4.14 million in the same period of 1994.

All urged to respect Ramadhan

All urged to respect Ramadhan BANTEN, West Java: Local ulemas are calling on proprietors of discotheques and karaoke lounges to respect the approaching holy fasting month of Ramadhan, Antara reported.K.H.

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.

RI-Australian security pattern

RI-Australian security patternBy Soedibyo The following article is based on a paper presented at a seminar on regional security organized by the Foreign Affairs Ministry in Yogyakarta recently. YOGYAKARTA (JP): For the first time, after 50 years of independence, Indonesia, a founding member of the...

Sweet revenge for Susi Susanti

Sweet revenge for Susi Susanti TAIPEI (Agencies): Indonesia's Susi Susanti produced a sweet revenge over Chinese arch rival Ye Zhaoying in the US$125,000 Taipei Masters badminton championships final yesterday.

PPP calls for 'clean politics'

PPP calls for 'clean politics' SURABAYA (JP): The Moslem-oriented United Development Party (PPP) pledged yesterday to conduct "clean politics" although it has become a target of intimidation.Party chief Ismail Hasan Metareum said the PPP aims to disprove the public general perception that politics...

Govt to tighten control of brokerage companies

Govt to tighten control of brokerage companies JAKARTA (JP): The government will soon issue a new regulation to tighten the supervision of stock brokerage companies operating on local stock exchanges, sources said.

Foreign firms told to develop fruit seeds

Foreign firms told to develop fruit seeds JAKARTA (JP): Minister of Transmigration Siswono Yudohusodo is to invite foreign agriculture companies to develop high quality fruit seeds in Indonesia."A plan to involve foreign companies in the development of fruit seeds has been approved by President...

Toll road jams

Toll road jamsFrom SinarIt is not cheap to use Jakarta's toll road but some people think the convenience and time saving aspects outweigh the expense.Currently, however, the stretch at Cawang is often congested, especially in the late afternoon and early evening hours.

Stranded whale getting weaker

Stranded whale getting weaker MANOKWARI, Irian Jaya: A whale stranded in the Arfai beach since Friday is becoming weak because it cannot either feed or free itself, Antara quoted an official.M. Situmorang, of the nature conservation office said on Saturday the whale was already distressed and has...

KL to start trade with Israel

KL to start trade with Israel KUALA LUMPUR (AFP): Malaysia may start trade ties with Israel prompted by significant strides in the Middle East peace process, but is not yet ready to set up diplomatic relations, reports said yesterday.

Ten people under travel ban in bank fraud case

Ten people under travel ban in bank fraud case JAKARTA (JP): The city authorities have banned 10 people from leaving the city in connection with the fraud involving millions of dollars at the local branch office of HongkongBank.

WALHI blames zoning plan for recent floods

WALHI blames zoning plan for recent floods JAKARTA (JP): The confusing zoning and spatial plans in West Java and Jakarta were the main cause of the recent floods in the capital, according to the Indonesian Forum for the Environment (Walhi).

Sonoco starts operations

Sonoco starts operations JAKARTA (JP): Sonoco, of the United States, announced yesterday that it is beginning operations here to produce both consumer and industrial packaging products, the managing director of Sonoco Asia, Perry D. Smith, said in a statement here Saturday.

City to rebuild 17 school buildings

City to rebuild 17 school buildings JAKARTA (JP): The city administration plans to renew 17 city- owned elementary school buildings throughout its jurisdiction in the near future.An assistant of the city secretary, Prawoto Danoemihardjo, said on Saturday that the schools needed total renovation due...

No firecrackers during Ramadhan

No firecrackers during Ramadhan JAKARTA (JP): The capital's security forces are to be vigilant against the production, distribution and the use of firecrackers during the fasting month which begins on Jan. 22.