Indonesian Political, Business & Finance News

Archive: 6 January 1996

57 articles found

Ex-Im Bank to help RI upgrade power plant

Ex-Im Bank to help RI upgrade power plant TOKYO (Kyodo): The Export-Import (Ex-Im) Bank of Japan said yesterday it will join a 6.9 billion yen lending program for Indonesia to boost the capacity of a power plant to help meet local electricity demand which has been soaring on recent...

General Motors gears up for Asian car market

General Motors gears up for Asian car market WASHINGTON (AFP): General Motors Corp. has set a goal to win 10 percent of the Asian auto market by 2005 to gain a stake in what GM chairman John Smith said could soon be the world's biggest automobile market.

Deer chase turns fatal

Deer chase turns fatal JAKARTA (JP): The manager of the Medan zoo and one of his employees drowned in the Deli River while chasing a deer that escaped from its enclosure on Thursday, Antara reported yesterday.

Bank Bali announces profit rise

Bank Bali announces profit rise JAKARTA (JP): PT Bank Bali announced yesterday that its gross profit increased by some 35 percent to about Rp 130 billion (US$56.5 million) last year and its total assets increased by 38 percent to about Rp 6.5 trillion.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 5, 1996: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 750 -50 1,000 AHAP Insurance 3,200 0 0 Alumindo Perkasa 1,375 0 0 Andayani Megah 1,675 25 1,353,500 Aneka...

German tried in Bali

German tried in Bali DENPASAR, Bali: A German travel executive was arraigned in the Denpasar District Court on Friday on charges of defrauding Rp 147.50 million ($64,130) from eight hotels in Bali.Antara reported that the defendant, identified only as NJA, a 45-year-old general manager of the...

Import curb sought to ease account deficit

Import curb sought to ease account deficit JAKARTA (JP): The government should take down-to-earth measures to curb import growth and drive up exports to reduce the growing current account deficit, executives suggested yesterday.

Employers don't always get their way

Employers don't always get their way JAKARTA (JP): Employers don't always have their way when it comes to disputes with workers, contrary to what labor activists and union leaders claimed, according to a leader of the association of employers (APINDO).R.

Six students admit their role in brawl

Six students admit their role in brawl JAKARTA (JP): Six students being tried in the South Jakarta District Court yesterday admitted their role in a brawl which caused another student's death.The six students, Abdur Rohman, Nandan Mulyadi alias Penjor, Hendi Hendarsyah, Heryansyah alias Yayang,...

TV today

TV todayTVRI 2:30 p.m. Travel: Wajah Negeriku 2:35 TV Series: Ninja Turtles 3:05 Sports: Marathon World Champions 4:00 News: Lintasan Berita 4:05 Sports: Marathon World Champions (continued) 4:55 Filler/Trailer 5:00 Regional News 5:25 Travel: Wajah Negeriku 5:30 Science Film: Bill Bixby's Wonderful...

Pollution drives local fishermen to other jobs

Pollution drives local fishermen to other jobs JAKARTA (JP): Most traditional fishermen in the Seribu Islands have moved here and surrounding towns because they could no longer eke out their living in the polluted sea, chairman of the Network for Forest Conservation in Indonesia has said.

Church Services

Church Services * Catholic Church, University of Atmajaya, Jl. Jend. Sudirman: Saturday 5:30 p.m., Sunday, 9 a.m., 10:30 a.m. (with songs) and 5:30 p.m. * First Church of Christ, Scientist, Jl. Teuku Cik Ditiro 48, Menteng, Central Jakarta: Services on Sunday at 9:30 a.m. (in Indonesian) and 8 a.m.

Crimes on the road

Crimes on the roadFrom Media IndonesiaI would like to warn motorists to be vigilant when passing the Coca Cola crossroads, intersection of Jl. Perintis Kemerdekaan/Jl. Letjen. Suprapto, Cempaka Putih and Jl. A. Yani/Jl.

Central Sulawesi forests unproductive

Central Sulawesi forests unproductive JAKARTA (JP): The Ministry of Forestry has decided not to extend any forest concessions in Central Sulawesi, the province's Governor Azis Lamajido said yesterday.Lamajido told journalist after meeting with President Soeharto that the decision had been made...

Govt must show greater unity, YKPK says

Govt must show greater unity, YKPK says JAKARTA (JP): A group of respected statesmen yesterday urged the government to show greater unity, saying that recent discord among cabinet members is undermining the integrity of the entire administration.

Open debate

Open debateFrom Media IndonesiaANteve station has progressed one step further by introducing the "Open Debate" program. This program seems to be intended as an alternative to the much loved telenovela serials and violent films.

Floods claim 18 lives

Floods claim 18 lives BANDA ACEH, Aceh: This week's floods that swept East Aceh regency inflicted more than Rp 200 billion ($86 million) in material losses, a provincial administration official said yesterday.

Obituary

Obituary K.H. Shohib Bisri, a respected Moslem scholar and leader of the Nahdlatul Ulama (NU) organization, died of kidney failure on Thursday in Jombang, East Java. He was 66 years old.Bisri, who is son of NU leader K.H. Bisri Syansuri, is survived by nine children and 15 grandchildren.

Shipwreck victims' wives seek House intervention

Shipwreck victims' wives seek House intervention JAKARTA (JP): The House of Representatives will urge a Singapore shipping company agent here to pay insurance money to the heirs of crews who were killed in a ship wreck.

Administration to review decree on developers

Administration to review decree on developers JAKARTA (JP): The city administration is reviewing a loop-hole riddled gubernatorial decree stipulating that developers must build low cost apartments.The Assistant City Secretary for Administrative and Development Affairs, Prawoto Danoemihardjo, said...

Bogor zoological museum to be renovated

Bogor zoological museum to be renovated JAKARTA (JP): A private company has agreed to become the fund raiser for the renovation of Bogor Zoological Museum.The signing of the deal between PT Ayuta Samarthya and the National Institute of Sciences (LIPI) was made on Wednesday, with Soetikno...

Embrace successes, ulemas told

Embrace successes, ulemas told JAKARTA (JP): Indonesians should make the best use of the country's accomplishments and not destroy them out of dissatisfaction, President Soeharto said yesterday.Addressing some 80 Moslem leaders visiting from Kalimantan, Soeharto said that pushing the development...

Volleyball body needs strong leader: Kunarto

Volleyball body needs strong leader: Kunarto JAKARTA (JP): The first part of a fish to decompose is its head, or so a Dutch saying goes."The same holds true for a sports organization like the one whose chairmanship I am about to give up," Gen.

Deputy PM's supervision of Thai finance minister hailed

Deputy PM's supervision of Thai finance minister hailedBy Thomas Fox BANGKOK (AFP): A decision by Prime Minister Banharn Silpa- archa to place Thailand's embattled finance minister under the supervision of another senior cabinet member was welcomed by financial analysts Thursday.

Shootings rank third in murder methods

Shootings rank third in murder methods JAKARTA (JP): Shootings ranked third in the commonest methods of murder in the city during 1995, says a noted forensic doctor.Most victims were killed by sharp weapons, such as knives, while the second most common murder method was by blunt objects, such as...

Legal intervention sought in Haryanto affair

Legal intervention sought in Haryanto affair SEMARANG, Central Java (JP): The allegations of misconduct against Minister of Transportation Haryanto Dhanutirto have been so widely politicized that the only way to resolve the matter once and for all is through a court of law, political observers say.

Canada eyes Indonesian wheat market

Canada eyes Indonesian wheat market WINNIPEG, Canada (Reuter): Canadian Wheat Board commissioner Gordon Machej said on Thursday he will join the Canadian Prime Minister's trade mission to Indonesia and other South East Asian countries in a bid to expand his agency's market share in the region.

Photographs of forgotten humanity on display

Photographs of forgotten humanity on displayBy Amir Sidharta JAKARTA (JP): In the early 1980s, I heard of an overpainted Rembrandt. An X-ray analysis revealed another layer of paint depicting an earlier version or composition of the rendering, or an entirely different image altogether.

Qian to make African tour

Qian to make African tour BEIJING (AFP): Chinese Foreign Minister Qian Qichen is to make a 10-day African tour this month, Xinhua said yesterday, two days after Senegal shifted diplomatic recognition from Beijing to rival Taipei.

Inco Ltd to extend RI deal

Inco Ltd to extend RI deal TORONTO (Reuter): Inco Ltd expects to sign an extension to its work contract at its 58-percent owned PT International Nickel Indonesia next week during Canadian Prime Minister Jean Chretien's Asian trade mission.

Teenagers jailed for theft

Teenagers jailed for theft JAMBI, Jambi: Two teenagers were sentenced to seven months imprisonment each for their part in several thefts, some of them involving force, in the Angsa Duo market over the past year.

Kotjo fights Singapore sanctions

Kotjo fights Singapore sanctions SINGAPORE (Reuter): Indonesian businessman Johannes Kotjo said he was appealing against the sanctions imposed on him by the Stock Exchange of Singapore (SES), the Business Times (BT) said yesterday.

Timorese freedom fighters return home from exile

Timorese freedom fighters return home from exile JAKARTA (JP): Three East Timorese freedom fighters exiled from their homeland for over three decades by the Portuguese government arrived here yesterday on their way to East Timor.

Fixed salary earners

Fixed salary earners As predicted by our economists, the forecast for this year's economy is cloudy. The current account deficit is expected to reach US$6.8 billion whereas in the 1994/1995 budget year it totaled only $3.5 billion.

NGOs can help monitor polls

NGOs can help monitor polls JAKARTA (JP): The government yesterday displayed efforts to hold a fair general election in 1997 by asking officials of the election monitoring committee not to campaign for any contestants.

Moslems disunited on rights

Moslems disunited on rights Following is the last of a two-part article taken from a paper presented by Muhammad A.S. Hikam at the Asia Foundation's workshop on Human Rights in Asia and Pacific, Chiang Mai, Thailand.

Council freezes mansion project

Council freezes mansion project SEMARANG: The Central Java Legislative Council has delayed its decision in approving Governor Soewardi's plan to build a Rp 7 billion state guest house."We are still arguing over the cost," Samsuri Gandakusuma, who heads the council's team to study the project, was...

New rice floor prices expected in February

New rice floor prices expected in February JAKARTA (JP): The new floor prices of rice are likely to be announced at the beginning of the harvesting season next month, said the chairman of the National Logistics Agency (Bulog), Beddu Amang.

New group vows to revamp people's perceptions

New group vows to revamp people's perceptions JAKARTA (JP): A new independent organization introduced to the public yesterday has staked out a big mission for itself: to start a revolution in the way Indonesians perceive current political, social and economic realities.

JSX probes unusual share trade in Plaza Indonesia

JSX probes unusual share trade in Plaza Indonesia JAKARTA (JP): The Jakarta Stock Exchange (JSX) is investigating the unusual price fluctuations in Plaza Indonesia (hotel and property) stocks early this year.

Another anti-AIDS concert

Another anti-AIDS concert JAKARTA (JP): The Pelita Ilmu foundation will, for the fourth times, stage anti-AIDS musical shows to increase people's awareness of the danger of the Acquired Immune Deficiency Syndrome.

City officers sent to Padang

City officers sent to Padang JAKARTA (JP): Two senior detectives from Jakarta are scheduled to leave for the West Sumatra capital of Padang today to question two local policemen for lending a gun to a man who used the gun to shoot dead his superior early this week.City police spokesman Lt. Col.

Yangoon to pursue operations against drug lord Khun Sa

Yangoon to pursue operations against drug lord Khun Sa YANGON (AFP): Myanmarese military officials say they will pursue operations against reputed Shan state drug warlord Khun Sa and settle for nothing less than his unconditional surrender.

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.

Women, children evacuated

Women, children evacuated SUBANG, West Java: Search and rescue workers are evacuating women and children from six villages in the Pamanukan district because of fears of worsening flood, Antara reported.The Cigadung River overflowed, flooding the villages.

The Tavern

The Tavern In reference to the article in The Jakarta Post on Jan. 2, 1996 that The Tavern, Aryaduta Hotel, was charging Rp 139,000 per person cover charge without permission, we would like to clarify and correct the report.

Palm oil drops sharply in Europe

Palm oil drops sharply in Europe LONDON (Reuter): Palm oil prices in Europe opened sharply lower yesterday as sentiment in Europe and the Far East turned against the material.Crude palm oil cif European opened US$7.50 to $12.50 lower following losses of $12.50 to $15 a ton at Thursday's close.

'Super schools' making inroads into RI society

'Super schools' making inroads into RI societyBy Mochtar Buchori JAKARTA (JP): I am using the term "super school" here as a translation of the Indonesian term 'sekolah unggul', a name chosen by the Ministry of Education and Culture to denote schools which carry out a "quality education" program.

PPP criticizes Golkar, govt, political scene

PPP criticizes Golkar, govt, political scene JAKARTA (JP): The Moslem-based United Development Party (PPP) commemorated its 23rd anniversary yesterday, lashing out at the ruling Golkar, the government and the political scene in general.

Entertainment hubs closed down

Entertainment hubs closed down JAKARTA (JP): The City Public Order Office closed down temporarily three entertainment centers for violating New Year's eve regulation.An official from the office, Toha Reno, said yesterday that the three entertainment centers are Bunny Scorpion bar on Jl.

City office calls for professionalism

City office calls for professionalism JAKARTA (JP): The Jakarta Public Order officers must improve the professionalism of public servants.The office head, Kusaeni Budiantoro said in his address at the office games to celebrate its 46th anniversary on Friday that improvement of the quality of human...

Japan's new leader more positive on RI

Japan's new leader more positive on RI JAKARTA (JP): The new leadership in Japan under the Liberal Democratic Party (LDP) is likely to be even more positive towards Indonesia, an international relations expert said yesterday.Hero U.

RI top athletes brace for Olympics

RI top athletes brace for Olympics JAKARTA (JP): The Indonesian Swimming Federation will prepare swimmer Richard Sam Bera and diver Temmy Kusuma for the Atlanta Olympic Games in July.Wardojo Kusumo, the federation's training director, said here on Thursday that the association would seek approval...

Atlantic Starr to perform

Atlantic Starr to perform JAKARTA (JP): The pop R & B band Atlantic Starr from the U.S. are going to perform tonight at the Seomantri Brodjonegoro hall in Kuningan.It will be the first performance of their two-week tour to 11 cities across the country.

PT Telkom told to improve service

PT Telkom told to improve service JAKARTA (JP): Minister of Tourism, Post and Telecommunications Joop Ave urged state-owned domestic telecommunications firm PT Telkom yesterday to connect a new fixed-telephone line in the Greater Jakarta area within just three days.

Asian oil firms discover benefits of globalization

Asian oil firms discover benefits of globalization SINGAPORE (Reuter): Asian national oil companies are becoming more involved in all aspects of their industry, stretching from upstream exploration to downstream refining and retailing.

Awards for businessmen

Awards for businessmen JAKARTA (JP): President Soeharto will present the Upakarti industrial awards on Jan. 8 to 63 businessmen and local administration officials who have contributed greatly to developing small enterprises and craftsmanship.