Indonesian Political, Business & Finance News

Archive: 10 October 1996

48 articles found

GE Lighting chooses RI as regional production base

GE Lighting chooses RI as regional production base JAKARTA (JP): GE Lighting, a unit of widely diversified General Electric of the United States, has chosen Indonesia as its main production base to serve Southeast Asian countries, the company's top executive said yesterday.

Two percent of Jakartans illiterate

Two percent of Jakartans illiterate JAKARTA (JP): The number of Jakarta's illiterates is now just 2 percent of the city's population of nine million, a decrease from 21 percent previously.Governor Surjadi Soedirdja said yesterday that the drastic drop is surprising and it indicates a great...

Indonesia and Vietnam said to face AIDS epidemic

Indonesia and Vietnam said to face AIDS epidemic SINGAPORE (Reuter): More than one million people in Indonesia and Vietnam may be infected with AIDS by the turn of the century, raising the number of people afflicted in Southeast Asia to more than two million, reports submitted to a regional task...

City flooding under control: Public works

City flooding under control: Public works JAKARTA (JP): The head of the maintenance division at the public works agency, Leo Y. Sianturi, said the levels of the city's main rivers, the Pesanggrahan and Ciliwung, are normal.

Marine resources may be overfished

Marine resources may be overfished JAKARTA (JP): Many marine resources across the world will be overfished in the next decade, while many countries will apply stricter trading rules on fishery imports, an executive of the Association of Indonesian Fishing Companies (Gappindo) predicts.

Hasan welcomes falling pulp prices

Hasan welcomes falling pulp prices JAKARTA (JP): Falling pulp prices on the world market benefit Indonesian pulp producers, chairman of the Indonesian Forestry Society, Bob Hasan, said yesterday."The drop in pulp prices is advantageous for us, not only because we can profit from lower prices but...

Incentives needed to improve environmental awareness

Incentives needed to improve environmental awareness JAKARTA (JP): People residing near a reserve forest deserve incentives to improve their awareness of preservation, an environmentalist said yesterday.

Pressure mounts against govt on alcohol bill

Pressure mounts against govt on alcohol bill JAKARTA (JP): Pressure is mounting on the government to scrap a bill that would impose a fee on alcohol distributors and regulate the number of places allowed to sell alcohol as well as the amount allowed to be sold.

House hopes to deliberate drug bill soon

House hopes to deliberate drug bill soon JAKARTA (JP): The House of Representatives hopes to begin deliberating the long-awaited bill on psychotropic substances next month as soon as it ratifies the 1971 UN Convention on Psychotropic Substances.

Telkom directors 'adopt' quintuplets

Telkom directors 'adopt' quintuplets BANDUNG: The five members of the board of directors at the state-owned telecommunications company, PT Telkom, will become the foster parents of Indonesia's first quintuplets born here on Monday.

Three-in-one bike riders die in crash

Three-in-one bike riders die in crash SEMARANG: Three high school students died yesterday afternoon after their motorcycle slammed into a mahogany tree.According to witnesses, the three teenagers, students at the Muhammadiyah technical high school in the Boja village, were speeding as they rode on...

Myanmar may exhaust ASEAN's patience

Myanmar may exhaust ASEAN's patience SINGAPORE (Reuter): Myanmar's governing generals must move towards political pluralism or risk exhausting the patience of ASEAN and others investing in the country, Singapore's leading newspaper said yesterday.

'Kramat Tunggak will become industrial zone'

'Kramat Tunggak will become industrial zone' JAKARTA (JP): The notorious Kramat Tunggak rehabilitation center for prostitutes will be turned into an industrial area, North Jakarta Mayor Suprawito said yesterday.

Economists' gathering

Economists' gathering The 13th Congress of the Indonesian Economists Association, which begins this afternoon at the Tiara Convention Center in Medan, North Sumatra, has chosen "Managed market economy in the run-up to the 21st century" as the central topic for its three days of discussions.

Makro opens in Tangerang

Makro opens in Tangerang TANGERANG, West Java (JP): A new Makro outlet was opened yesterday at the Alam Sutera housing complex, Tangerang, bringing the number of the retailer's outlets to seven throughout the country.

MBf to buy Indonesian firm

MBf to buy Indonesian firm KUALA LUMPUR (Reuter): Malaysia's MBf Capital Bhd said it had agreed to acquire a 51 percent stake in an Indonesian finance company for Rp 9.18 billion (around US$3.8 million).

Govt raises domestic airfares by 4 percent

Govt raises domestic airfares by 4 percent JAKARTA (JP): The government has raised domestic economy airfares by up to 4 percent due to the appreciation of the U.S. dollar against the rupiah, a ministerial decree showed yesterday.Based on a decree signed on Oct.

Where to go in Bandung:

Where to go in Bandung:Music and Entertainment * Chedi Hotel: Jl. Rancabentang 56-58: Job (Piano), Monday to Wednesday, 5:30 p.m. to 8 p.m.; Irven (Guitar), Monday to Wednesday, 8:30 p.m. to 11 p.m.; Mixed voices Accapela singer and Andi (Pianist), Thursday and Saturday, 8:30 p.m. to 11:30 p.m.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 9, 1996 Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 1,100 0 0 AHAP Insurance 2,675 0 0 Alumindo Perkasa 725 0 28,500 Andayani Megah 1,025 0 292,000 Aneka...

Army leaders to meet local veterans

Army leaders to meet local veterans BANDUNG (JP): Army leaders plan to hold talks with retired senior officers to discuss their perceptions about state affairs.Army Chief of Staff Gen. R. Hartono said yesterday he has yet to set the date and venue for the forum where the participants can express...

New cement plant ready

New cement plant ready CILACAP, Central Java (JP): PT Semen Nusantara Cilacap will start commercial operations at its new cement plant here in December to triple its production capacity to 4.1 million tons per annum.The company's general affair manager Tri Bowo R.H.

Brokerage firms urged to sack errant brokers

Brokerage firms urged to sack errant brokers JAKARTA (JP): Securities companies should establish an internal control system to monitor their employees, Chairman of the Capital Market Supervisory Agency (Bapepam) I Putu Gede Ary Suta said yesterday.

'Forbes' magazine takes a closer look at Indonesia

'Forbes' magazine takes a closer look at IndonesiaBy Endy Bayuni JAKARTA (JP): When the top executives of Forbes come to Indonesia, they don't only update their list of local tycoons for inclusion in the American business magazine's annual list of billionaires all over the world.

Encroaching kiosks

Encroaching kiosksFrom NeracaEmergency kiosks have been erected along the slow lane of Jl. Kramat Raya following the fire that razed Pasar Kenari some time ago. This was done to help the vendors to rehouse their merchandise and resume their business activities.

Sprint rally grand final

Sprint rally grand final JAKARTA (JP): Defending champion Roy Nirwan will head a field of 83 drivers at the national sprint car rally grand final at the Bumi Serpong Damai circuit in Tangerang, West Java on Sunday.

Decaying body found at boarding house

Decaying body found at boarding house JAKARTA (JP): A decomposing male body was found yesterday morning in a room at a boarding house on Jl. Mangga Besar IV, Taman Sari, in West Jakarta.Local police identified the fully-clothed body as Denny Agus Setiawan, a 21-year-old university student.

Observer calls for minimum penalties for drug abusers

Observer calls for minimum penalties for drug abusers JAKARTA (JP): A noted sports observer threw his weight yesterday behind the National Sports Council's appeal for minimum punishments against six athletes who failed dope tests in the recent National Games.

Ericsson to set up facility in Indonesia

Ericsson to set up facility in Indonesia JAKARTA (JP): The Swedish telecommunications group LM Ericsson AB plans to set up in Indonesia a facility to provide software for the development of telecommunications equipment, said the company's top executive.

Wang survives net practice

Wang survives net practice SURABAYA, Indonesia (AFP): Defending champion Shi-Ting Wang of Taipei survived a cascade of wayward volleys to defeat Israel's Hila Rosen 7-5, 6-3 and advance to the second round of the US$107,500 International Open on Tuesday.

Twisting the wrong arm?

Twisting the wrong arm? This refers to the letter from the Australian High Commission published in The Jakarta Post on Oct. 7, 1996, in response to my earlier letter on the Comprehensive Test Ban Treaty.

Proud Mastrans enjoys cash bonus bonanza

Proud Mastrans enjoys cash bonus bonanza JAKARTA (JP): Whopping cash bonuses have poured into Mastrans Bandung Raya's coffer following its triumph in the Indonesian soccer league championship Sunday.The winning team was received by West Java governor Nuriana in Bandung at his office and left with a...

'Military and civilians have equal chance at presidency'

'Military and civilians have equal chance at presidency' JAKARTA (JP): Recent calls to give civilians and military personnel an equal opportunity to be nominated as presidential candidates were supported by a minister and a former vice president yesterday.

'ASEAN won't create closed trading bloc'

'ASEAN won't create closed trading bloc' JAKARTA (JP): Association of Southeast Asian Nations (ASEAN) Secretary-General Dato Ajit Singh asserted yesterday that greater integration of the group's economic activities would not create a closed trading bloc.

Cannabis grower arrested

Cannabis grower arrested PEKALONGAN, Central Java: Nurdin, 35, was arrested Tuesday for planting and selling marijuana in his yard in Domiyang village.Nurdin admitted his crime and said he had brought the seeds from his hometown in North Aceh.

Maj. Gen. Hendropriyono gets civilian posting

Maj. Gen. Hendropriyono gets civilian posting BANDUNG (JP): Once an army rising star, Maj. Gen. A.M. Hendropriyono will be given a civilian posting as secretary of Development Operations, Army Chief of Staff Gen. R. Hartono said yesterday."That's our plan.

Fertilizer firm to build new plant worth $104.2m

Fertilizer firm to build new plant worth $104.2m JAKARTA (JP): PT Pupuk Kalimantan Timur, a state-owned fertilizer firm, signed an agreement here yesterday with a consortium of PT Rekayasa Industri and Chiyoda Corporation of Japan to build new production unit worth US$104.2 million.

Made Wianta is the soul of Balinese abstraction

Made Wianta is the soul of Balinese abstractionBy Jean Couteau JAKARTA (JP): "Art is a win-win activity." Such were the words of Minister of Education and Culture Wardiman Djojonegoro on Oct. 3 when he opened Made Wianta's exhibition at Santi Gallery in Jakarta.

Japanese fund for villages

Japanese fund for villages NABIRE, Irian Jaya: Twenty coastal villages in the Paniai regency, Irian Jaya, will receive a combined Rp 2.5 billion in developmental aid from the Japanese government.Apart from the foreign aid, the Indonesian government is also contributing over Rp 78 million from its...

Rain prevents Soeharto inaugurating Ciamis plant

Rain prevents Soeharto inaugurating Ciamis plant JAKARTA (JP): Heavy rains barred President Soeharto from inaugurating yesterday an integrated phosphate mining and processing plant owned by PT Istana Kanematsu Indonesia (IKI) in Ciamis, West Java.

City plans hearing with Ulemas over decree on alcohol

City plans hearing with Ulemas over decree on alcohol JAKARTA (JP): The city administration is scheduled to hold a hearing with ulemas to explain the controversial decree on alcoholic beverages, a deputy governor says.

Megawati's supporters go on trial

Megawati's supporters go on trial JAKARTA (JP): Sixty-four supporters of Megawati Soekarnoputri were charged in Central Jakarta District Court yesterday with assault during a battle over the headquarters of the Indonesian Democratic Party (PDI) in July.

Jailed corruptor dies

Jailed corruptor dies MATARAM, West Nusa Tenggara: D.J. Sambara, 57, who was serving a three-year jail sentence for corruption, died of a heart attack at Mataram hospital over the weekend."The convict was brought to hospital on Sunday morning and died later that evening.

Dutch police slammed for seeking scapegoats

Dutch police slammed for seeking scapegoats JAKARTA (JP): Indonesian Ambassador to the Netherlands J.B. Soedarmanto Kadarisman has complained bitterly that the Dutch police were seeking scapegoats when they accused Indonesian diplomats of being involved in Ecstasy trafficking.

Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Dai-ichi, Jl. Senen Raya 135, Central Jakarta. - Mezzanine Lounge: The Praise Vocal Group, nightly except Sunday, 8 p.m. to 11 p.m. * Hotel Aryaduta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Los Morenitos Vocal Group, Monday, Thursday,...

PON winners to go international

PON winners to go international JAKARTA (JP): The 16 gold medalists from the 14th National Games (PON) taekwondo competition will don the national colors in the ASEAN Taekwondo Championships in Ho Chi Minh City from Oct. 23 through Oct. 27 1996.

Stoned train

Stoned trainFrom Media IndonesiaI assumed it would be convenient to take an Argo Bromo or Sembrani train. On Oct. 5, I traveled by Sembrani train from Jakarta to Surabaya, East Java, at 5:40 p.m..I really looked forward to a good rest on the train after having had a few restless nights.

Property market guided by banking policy

Property market guided by banking policy JAKARTA (JP): Changes in the country's property market are due more to monetary policy than the riots that broke out in the city last July, an international property consultant said yesterday.

Govt to set up agency to handle geothermal power

Govt to set up agency to handle geothermal power JAKARTA (JP): The President is expected to issue a decree later this year to establish a one-stop regulatory agency for the geothermal industry, to encourage power generation using geothermal steam.