Indonesian Political, Business & Finance News

Archive: 4 January 1996

53 articles found

Surabaya ready to host ASEAN tourism forum

Surabaya ready to host ASEAN tourism forum JAKARTA (JP): At least 1,650 participants from the Association of Southeast Asian Nations (ASEAN) will attend the ASEAN Tourism Forum (ATF) in Surabaya, East Java, from Jan. 6 to Jan. 12.

New liner for Sulawesi

New liner for Sulawesi JAKARTA (JP): PT Putera Pare Lines will to import a passenger ship from Germany to link South Sulawesi and Sabah state in Malaysia, the company's executive said yesterday.HM Tahir Palureng was quoted by Antara in Parepare, South Sulawesi, as saying that the US$13 million...

TV today

TV todayTVRI 9:00 a.m. President Soeharto's Speech: Financial Note and 1996 Budget 2:30 p.m. Travel: Face of My Country 2:35 TV Series: Ultraman 3:00 Regional News 3:05 Talks: One Day with Pemangku Adat 3:30 TV Series: Harapan Nan Sirna 4:00 Regional News 4:05 TV Series: Harapan Nan Sirna...

Floods pound Jakarta following torrential rains

Floods pound Jakarta following torrential rains JAKARTA (JP): Hundreds of houses in North and East Jakarta have been inundated since Tuesday following torrential rains in the initial days of 1996.A total of 13 community units in Pademangan Timur, Pademangan Barat, Kalibaru and Kelapa Gading...

Permadi claims innocence, will appeal

Permadi claims innocence, will appeal JAKARTA (JP): Controversial soothsayer Permadi Satrio Wiwoho maintained his innocence and declared his plan to appeal to Yogyakarta High Court ruling sentencing him to four months of imprisonment for blasphemy.

Moslem students demand probe into Haryanto case

Moslem students demand probe into Haryanto case JAKARTA (JP): Dozens of Moslem youths staged a noisy demonstration at the State Secretariat yesterday, demanding an investigation into the leaking of classified reports accusing Minister of Transportation Haryanto Dhanutirto of corruption.

Two officers to be queried over killing

Two officers to be queried over killing JAKARTA (JP): City police will question two West Sumatra policemen for allegedly lending a gun to a man, who then used it to fatally shoot his love rival here late last week.City police spokesman Lt. Col.

Cleaning staff given bonus

Cleaning staff given bonus JAKARTA (JP): South Jakarta Mayor Pardjoko, on behalf of the mayoralty staff, has handed over Rp 50,000 in capital money for 57 cleaning service employees working at the office.The symbolic hand over took place on Tuesday at the mayoralty, Antara reported yesterday.

Soeharto to propose state budget

Soeharto to propose state budget JAKARTA (JP): President Soeharto is to propose the 1996-1997 state budget to the House of Representatives today, a budget most analysts expect to be as austere as the current one.

Official fees seen as burden to industry

Official fees seen as burden to industry JAKARTA (JP): Industries in East Kalimantan currently have to pay at least 24 official fees, including taxes, imposed by the central and local administrations.The Antara news agency yesterday quoted an anonymous source in Samarinda as saying that the fees...

Jakarta-Bekasi flyover urgent

Jakarta-Bekasi flyover urgent JAKARTA (JP): Minister of Public Works Radinal Moochtar has said that the Jakarta-Bekasi elevated toll road is urgently needed.He said the feasibility study has been completed, and a technical study on the design will be made, Antara reported yesterday.

BHP to explore Timor Sea

BHP to explore Timor Sea JAKARTA (JP): The Broken Hill Proprietary Company Limited, a Victoria-based Australian firm, announced yesterday that its wholly owned subsidiary BHP Petroleum (North West Shelf) Pty. Ltd. was awarded an oil exploration permit in the Timor Sea.

Government to import TSP fertilizer

Government to import TSP fertilizer JAKARTA (JP): The government announced yesterday it has decided to import 200,000 tons of triple-superphosphate (TSP) fertilizer this year to anticipate the shortage which may occur due to an early planting season this year.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan.03, 1996: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 800 0 13,000 AHAP Insurance 3,200 0 0 Alumindo Perkasa 1,375 0 0 Andayani Megah 1,625 50 1,682,500 Aneka...

Jakarta, Bangkok tie up in pulp mill

Jakarta, Bangkok tie up in pulp mill BANGKOK (AFP): Siam Pulp and Paper PLC (SPP) of Thailand has entered into a joint venture agreement with PT Suryaraya Wahana of Indonesia to set up a US$520 million pulp mill in Indonesia, SPP announced yesterday.

Suramadu bridge waits for funds

Suramadu bridge waits for funds JAKARTA (JP): The construction of a six-kilometer Suramadu bridge connecting Surabaya and Madura island in East Java has yet to be started because all the parties involved are still in a "waiting position", said the Minister of Public Works Radinal Moochtar.

NU never undermines government: Gus Dur

NU never undermines government: Gus Dur JAKARTA (JP): Abdurrahman Wahid, chairman of the 30-million strong Nahdlatul Ulama (NU), said his was the only organization which never got involved in any conflicts with the government.

East Timor agitators desperate: Alatas

East Timor agitators desperate: Alatas JAKARTA (JP): Minister of Foreign Affairs Ali Alatas yesterday berated the bedlam created by East Timorese agitators in the last 12 months as a "desperate" effort to revive the waning international interest in their cause.

Hallmark buys RI mine

Hallmark buys RI mine PERTH (Reuter): Hallmark Gold NL said it has entered into an agreement with PT Arumbai Mangabekti (PAM) giving it the right to acquire 55 percent of the Indonesian manganese miner's issued capital for about US$1 million.

Manila's new tax law sparks inflation fears

Manila's new tax law sparks inflation fears MANILA (Reuter): Inflation is expected to rear its ugly head in the Philippines following the introduction of a 10 percent expanded value added tax (E-VAT) and a rise in domestic oil product prices, analysts and economists said yesterday.

Lone Star to upgrade RI gold mine

Lone Star to upgrade RI gold mine SYDNEY (Reuter): Lone Star Exploration NL said it expects to make a substantial upgrade to the resource estimate at the Awak Mas goldmine in Indonesia within the next week and a half, managing director Bill Crossley told Reuters.

A new trend?

A new trend? Now that the holidays have passed and the celebrating is over, Jakarta has begun returning to normal. On Tuesday, according to one newspaper report, nearly 46,000 people arrived at the Pulogadung bus station after a long and grueling journey from various regions of Java.

Britain, Philippines to hold exercises

Britain, Philippines to hold exercises MANILA (AFP): British Defense Secretary Michael Portillo signed a defense accord with the Philippines yesterday, allowing British troops to hold joint exercises with Filipino soldiers in 1997, the year London hands back Hong Kong to Beijing.

Air tickets at post offices

Air tickets at post offices SAMARINDA, East Kalimantan: The Samarinda branch of PT Pos, the state post office company, is considering selling air tickets at its counters around the city.Samarinda branch manager Nussalim said his office is studying a cooperation proposal with PT Sempati, a private...

Minimum wage a problem: Bosses

Minimum wage a problem: Bosses JAKARTA (JP): Many private companies will face difficulties in implementing the new increase of workers' minimum wage as proposed recently by the All Indonesian Workers Union (SPSI), chairman of the Association of the Indonesian Employers said here yesterday.

Kawasaki expands in Jakarta

Kawasaki expands in Jakarta TOKYO (AFP): Japan's Kawasaki Heavy Industries Ltd. is to invest 300 million yen (US$3 million) to boost motorcycle production in Indonesia by 80 percent to 66,000 units a year, the Nihon Keizai Shimbun said yesterday.

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.

Siswono installs new director generals

Siswono installs new director generals JAKARTA (JP): Minister of Transmigration Siswono Yudohusodo revamped his office yesterday by installing three director generals and 25 other senior officials to (better aid) meet the increasing challenges in the government's resettlement program.

Minority parties told to start campaigning

Minority parties told to start campaigning JAKARTA (JP): Political observer Afan Gaffar suggested that the minority political parties launch their election campaigning now, rather than wait until the official electioneering time in 1997.

KONI deputy chairman withdraws resignation

KONI deputy chairman withdraws resignation JAKARTA (JP): Deputy chairman of the National Sports Council (KONI) Arie Sudewo withdrew his resignation yesterday following an order from his chief to stay with the council.

Petronas to ease oil output

Petronas to ease oil output KUALA LUMPUR (AFP): Malaysia's national oil corporation, Petroliam Nasional Bhd. (Petronas) reportedly said yesterday it would reduce crude oil production in 1996 as it upgraded the output of condensates and natural gas.

Wardiman says lack of schools hinders education

Wardiman says lack of schools hinders education JAKARTA (JP): Minister of Education and Culture Wardiman Djojonegoro identified a number of problems besetting national education last year, including the shortage of classrooms and facilities.

Mbak Tutut is favored to chair volleyball body

Mbak Tutut is favored to chair volleyball body JAKARTA (JP): Siti Hardijanti Rukmana, President Soeharto's eldest daughter, looks every inch the new chairperson of the Indonesian Volleyball Association, five days before the balloting.

Siak water unfit for drinking

Siak water unfit for drinking PEKANBARU, Riau: Water from the Siak River, long a source of clean water for the people of Riau, is unfit for drinking unless it is treated first, an environmental official said.

Students want to witness polls

Students want to witness polls SEMARANG: The Central Java chapter of the United Development Party (PPP) said it has received applications from students volunteering to represent the party as witnesses at polling booths in the 1997 general election.

Keeping our rivers clean

Keeping our rivers clean The Environmental Impact Management Agency (Bapedal) last week published a list of industrial companies which have been polluting our rivers. This is a good step but the follow-up measures that have to be taken are of equal importance.

Jakarta Stock Exchange introduces sector indices

Jakarta Stock Exchange introduces sector indices JAKARTA (JP): The Jakarta Stock Exchange (JSX) said yesterday that it has introduced 10 JSX Sector Indices to provide a more comprehensive market information to investors.

Tidal waves kill eight in Central Sulawesi

Tidal waves kill eight in Central Sulawesi JAKARTA (JP): The tidal waves that struck several villages along the western coast of Central Sulawesi on Monday left eight people dead, Antara reported yesterday.

On driving in Jakarta

On driving in Jakarta This is in response to Mr. Lance Fogg's letter Drivers in Jakarta published in The Jakarta Post on Jan. 3, 1996.Mr. Lance Fogg's missed the punchline in his interesting account on Jakarta's traffic.

PT Surya Hidup raises loan

PT Surya Hidup raises loan HONG KONG (Reuter): PT Surya Hidup Satwa's three-year term loan issue has been increased to US$32 million from $30 million because of oversubscription, said arranger Mitsubishi Bank Singapore.

PDI brings disparities, injustices into spotlight

PDI brings disparities, injustices into spotlight JAKARTA (JP): The minority Indonesian Democratic Party (PDI) is poised to scrutinize economic disparity, social injustice and lack of freedom of expression when it marks its 23rd anniversary on Jan. 10.

Indonesian films

Indonesian filmsFrom Suara KaryaEvery time I open the newspapers and look at the film advertisements I only find foreign films (Western, Chinese, Hong Kongese, Taiwanese or Indian). I wonder whether we no longer produce Indonesian films.

OIC to highlight RI diplomacy

OIC to highlight RI diplomacy JAKARTA (JP): Indonesia, the world's largest Moslem country, will assume the chairmanship of the Organization of Islamic Conference (OIC) this year, maintaining its active participation in international diplomacy pursued in recent years.

Astra sees Korean cars as main competitor

Astra sees Korean cars as main competitor JAKARTA (JP): President of PT Astra International Theodore (Teddy) Permadi Rachmat has said that the South Korean Hyundai and Daewoo will be the main threat to his company which produces Japanese cars.

Cocoa crop in Sulawesi

Cocoa crop in Sulawesi SINGAPORE (Reuter): A powerful earthquake which struck the Indonesian island of Sulawesi is not expected to hit cocoa crop and supplies, Singapore traders said yesterday.Traders said initial reports showed the quake, which destroyed nearly 400 wooden houses and government...

Car salesman tried for fraud

Car salesman tried for fraud JAKARTA (JP): The South Jakarta District Court tried an employee of a car company yesterday for swindling more than Rp 450 million from customers.Prosecutor Roostiningsih told the court that Ferry Triputra Tisna, 27, a marketing supervisor of PT Astrindo Jaya Mobilindo...

AAPC to create investment firm in Indonesia, China

AAPC to create investment firm in Indonesia, China SYDNEY (AFP): Hotel group Accor Asia Pacific Ltd. is to create a series of investment companies to fund hotel development in the region, the company said yesterday.Accor Asia Pacific (AAPC Ltd.

Working women rare in Riau

Working women rare in Riau PEKANBARU, Riau: Many companies setting up plants in Riau have been forced to recruit workers from outside the province because most families here still bar their women from working away from home.

Coal firm raises output

Coal firm raises output JAKARTA (JP): The state-owned coal mining company PT Tambang Batubara Bukit Asam produced 8.16 million tons of coal last year and booked Rp 542 billion (US$235.65 million) in revenues, said the company's president, R.A. Sunardi.

Witnesses move judge to anger

Witnesses move judge to anger JAKARTA (JP): The judge trying the libel case of politician Sri Bintang Pamungkas nearly lost his temper yesterday when he dismissed four journalists who testified for the government, as "irrelevant.

UMNO members visit Medan

UMNO members visit Medan MEDAN, North Sumatra: Around 100 members of the United Malay National Organization from the Selangor state of Malaysia are in town and scheduled to visit a number of government agencies and youth organizations.Led by Datok Dr. Zainal Abidin M.

2 quarry workers buried alive

2 quarry workers buried alive CIREBON, West Java: Two workers of a sand quarry in the Gemulung Tonggoh village died on Sunday after a 15 meter overhanging sand cliff collapsed and buried them.A police source told Antara that the victims were Kartim, 30 and a newlywed, and Toha, 29.

Minimum wage report urges stronger ruling

Minimum wage report urges stronger ruling JAKARTA (JP): The government is considering a proposal to strengthen its minimum wage regulation by stating that the "minimum wage" refers only to basic wages and exclude allowances.Many employers now include allowances in their calculation of wages.