Indonesian Political, Business & Finance News

Archive: 16 October 1996

70 articles found

South Korea rejects World Cup criticism

South Korea rejects World Cup criticism SEOUL (AFP): South Korean World Cup organizers said yesterday they were not taking seriously criticism made by FIFA general secretary Sepp Blatter of preparations for the 2002 finals.

Mitra Global to help install more telephone lines

Mitra Global to help install more telephone lines JAKARTA (JP): PT Mitra Global Telekomunikasi Indonesia, a private firm commissioned to install telephone lines in Central Java, is willing to help the state meet increased national targets for telecommunications development.

City grinds to a standstill after tropical downpours

City grinds to a standstill after tropical downpours JAKARTA (JP): Yesterday's torrents caused inundation in many areas and left thousands stranded in bus shelters as traffic was paralyzed.On main streets such as Jl. Gajah Mada, Jl. Merdeka Selatan, Jl. Thamrin, Jl. Sudirman and Jl.

Tuan Sing buys tire firm

Tuan Sing buys tire firm SINGAPORE (Reuter): Diversified Tuan Sing Holdings Ltd said yesterday it had bought Singapore Bandag Pte Ltd, a tire retreading company, for S$6.6 million.Singapore Bandag and its wholly-owned Malaysian subsidiary, Performance Retreads Sdn Bhd, both have a franchise...

Three years demanded for Dutchman

Three years demanded for Dutchman JAKARTA (JP): A government prosecutor yesterday demanded a three-year jail term for a 56-year-old Dutch businessman accused of trafficking nearly 1,000 Ecstasy pills.Prosecutor Petrus Sambara also urged the Central Jakarta District Court to fine the defendant, who...

Malang to host jet ski c'ship

Malang to host jet ski c'ship JAKARTA (JP): The Jakarta Jet Sports Association is to hold the seventh leg of the National Jetski Championships at the Selorejo dam, Malang, East Java, on Nov. 2 and Nov. 3.

JSX ties up with UI

JSX ties up with UI JAKARTA (JP): The Jakarta Stock Exchange (JSX) signed a memorandum of understanding with the University of Indonesia (UI) yesterday in an effort to improve student awareness of capital market development.

SEAG must amuse people: Minister

SEAG must amuse people: Minister JAKARTA (JP): State Minister for Youth Affairs and Sports Hayono Isman said that the 19th Southeast Asian Games to be staged here in October next year should be an entertaining event.

Nobel award won't affect Norway-RI relations: Minister

Nobel award won't affect Norway-RI relations: Minister JAKARTA (JP): The peace prize given to East Timor separatist leader Jose Ramos Horta by the Norwegian Nobel Committee is not likely to disrupt relations between Jakarta and Oslo, a Norwegian minister said here yesterday.

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,...

Spotlight

SpotlightPhoto A: CameraJP/byiNEW CAMERA: Polaroid executives Victor Filamor (left), Ridwan E. Damhart (second from left), Gerry E. Buist (second from right) and Iskandarsyah (right), display the new Polaroid 636 Talking Camera. The launch was at the Shangri-La hotel in Jakarta on Oct. 10.

Klender market construction done

Klender market construction done JAKARTA (JP): Construction work on the market near the Klender housing complex which was destroyed by fire has been completed and vendors can occupy their kiosks beginning Oct.16.

TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Fun House 3:05 Children's Program: Arena 123: Sahabat Kita 3:30 TV Series: Just the Ten of Us 4:05 TV Drama: Habis Gelap Terbitlah Terang 4:30 Documentary Film 4:55 Filler 5:00 Evening News 5:30 Indonesian Lesson 6:00 News: Lintasan Berita...

SICOM changes rubber terms

SICOM changes rubber terms SINGAPORE (AFP): The Singapore Commodity Exchange (SICOM) announced yesterday changes in the delivery terms of the most popular rubber futures contract, TSR20.The contract's denomination was also changed to U.S. dollars from Singapore dollars.

ABRI's dual function

ABRI's dual functionFrom JayakartaAs I recall, three retired generals, including AH Nasution, have to a great length given explanations about the dual function of the Armed Forces (ABRI). Therefore it should be clear what ideas are behind the concept of ABRI's dual function, which came into...

Unemployment worries Try

Unemployment worries Try JAKARTA (JP): Vice President Try Sutrisno raised concern yesterday over a minister's report that 130,000 university graduates are jobless.Try asked Minister of Manpower Abdul Latief to find a prompt solution to the problem.

Drivers complain about extortion

Drivers complain about extortion JAKARTA (JP): Minivan drivers plying the Kebayoran Lama-Taman Mangu, West Java, route are complaining that a group of street hoodlums have been extorting money from them.

Ruwiyati banned from half marathon

Ruwiyati banned from half marathon JAKARTA (JP): The Southeast Asian Games women's marathon gold medalist, Ruwiyati, from the Salatiga, Central Java-based Tiger Locomotive club has been banned from defending her Asia Pacific Nitoh Half Marathon title in Bali because she registered late.

Fifth Indonesian enters Global 500 Roll of Honor

Fifth Indonesian enters Global 500 Roll of Honor JAKARTA (JP): Bahuddin Hi Pabbite has spent more than 50 years nurturing maleo, a beautiful Indonesian-bird species which is in danger of extinction. He received international recognition on Monday for his efforts.

No presidential succession before 2003: Suhardiman

No presidential succession before 2003: Suhardiman JAKARTA (JP): There should be no discussion of the presidential succession until 2003, said Chairman Suhardiman of SOKSI, an organization which helped found Golkar.

Utut draws with Sokolov in opener

Utut draws with Sokolov in opener JAKARTA (JP): Indonesia's number-one chess player, Utut Adianto, drew with Ivan Sokolov of Bosnia-Herzegovina at the 48th move on the first day of the Gunadarma International Grandmaster Chess Tournament here yesterday.

Law to protect domestic retailers called for

Law to protect domestic retailers called for JAKARTA (JP): The Indonesian Retail Merchants Association (Aprindo) called on the government yesterday to introduce a law to protect domestic retailers from foreign competitors and unfair rivalry among local players"Today, each province has its own local...

KL reporters barred from soccer matches

KL reporters barred from soccer matches KUALA LUMPUR (AFP): Two Malaysian state soccer associations, alleging unfair reporting by three local newspapers, yesterday barred reporters from covering the current Malaysian league matches.

Malaysian FM to visit Vietnam

Malaysian FM to visit Vietnam KUALA LUMPUR (DPA): Malaysian Foreign Minister Abdullah Ahmad Badawi said yesterday he will make an eight-day trip beginning tomorrow to Vietnam, Myanmar and Cambodia to strengthen bilateral relations.

Tennis show hits town

Tennis show hits town JAKARTA (JP): A tennis version of the basketball entertainers the Harlem Globetrotters is to be performed at the Regent Jakarta tomorrow evening by the Peter Burwash International (PBI).

Three die of dog bites

Three die of dog bites KENDARI, Southeast Sulawesi: Three of 12 people reported to have been bitten by dogs over the past 10 days have died, Antara reported yesterday.The incidents in the Kendari and Buton regencies, have sparked fears of a rabies outbreak.

E. Java athletes wait for bonuses

E. Java athletes wait for bonuses JAKARTA (JP): Although Governor Basofi Soedirman is ready to award bonuses to the East Javanese who broke records at the National Games last month, he cannot do so until the East Java chapter of the National Sports Council receives the official list of record...

Illegal traffic raids

Illegal traffic raidsFrom NeracaWe live in Jakarta and commute to and fro between our job at a factory in Tangerang and home. On our daily route, either by toll or regular road, we will most certainly meet irregularities conducted by members of the police force and the Traffic and Transportation...

Vehicle license fee

Vehicle license feeFrom KompasI duly extended my vehicle license at Polda Metro Jaya and met all the required terms. However, coincidentally, my plate number has only one digit. The tax to be paid reached hundreds of thousands of rupiah as printed on the license, plus a donation of Rp 15,000 for...

Marathon to put pressure on Ramos

Marathon to put pressure on Ramos MANILA (AFP): A Roman Catholic priest will run a 3,000 kilometer marathon across the Philippine archipelago to put pressure on President Fidel Ramos not to run for a new term in 1998, a Manila newspaper said yesterday.

Bureaucracy slows ASEAN's sub-regional cooperation

Bureaucracy slows ASEAN's sub-regional cooperation JAKARTA (JP): Bureaucratic and fiscal problems hinder the development of sub-regional economic cooperation in the Association of Southeast Asian Nations (ASEAN), analysts said.

Latest violence blamed on inequity and modernization

Latest violence blamed on inequity and modernization JAKARTA (JP): Indonesians are fast becoming part of a "frustrated society" prone to violence and must begin looking for solutions that go to the root of the problems, two political observers said yesterday.

Antipolio drive for 951,900 babies

Antipolio drive for 951,900 babies JAKARTA (JP): The city administration is targeting 951,900 under-fives in this year's second nationwide antipolio drive.Governor Surjadi Soedirdja said yesterday that the number will hopefully exceed the target because there is a possibility that children living...

Businessmen want Japan to open its market

Businessmen want Japan to open its market JAKARTA (JP): Southeast Asian businessmen yesterday urged Japan to open its domestic market to help reduce the gaping trade deficit between Japan and the region.

HongkongBank union executives dismissed

HongkongBank union executives dismissed JAKARTA (JP): The Ministry of Manpower's arbitration body has agreed to a request from the management of The Hong Kong and Shanghai Banking Corp. Ltd. to dismiss all 11 executives of its union following a prolonged dispute.The decision, dated Sept.

Singapore launches new index for regional stocks

Singapore launches new index for regional stocks SINGAPORE (Reuter): Singapore launched a new regional share index yesterday in an effort to boost its position as one of Asia's top equity trading centers.

KL cocoa's fate in smallholders' hands

KL cocoa's fate in smallholders' hands KUALA LUMPUR (Reuter): The fate of Malaysia's cocoa industry is falling into the hands of small farmers as bigger plantations scramble to get out of the crop which they claim is facing its worst times.

NU denies church attacks fueled by religious hatred

NU denies church attacks fueled by religious hatred JAKARTA (JP): The attack on churches, Christian schools and public buildings in East Java on Oct. 10 was a criminal act which was not fueled by religious hatred, an influential Moslem organization stated yesterday.

APEC officials leave key issues for Manila summit

APEC officials leave key issues for Manila summit MANILA (Reuter); APEC officials due to begin this week their last meeting before a summit in November will leave several contentious topics for their leaders to resolve, such as expanding the group's membership, officials said yesterday.

Reporter's murder remains unsolved

Reporter's murder remains unsolved YOGYAKARTA: The Indonesian Journalists Association (PWI) believes Bernas journalist, Fuad Muhammad Syafrudin, was murdered in August because of his articles about corruption within the Bantul regency government.R.B.

'Bondo Nekad' is another dimension of hooliganism

'Bondo Nekad' is another dimension of hooliganismBy Mochtar Buchori JAKARTA (JP): The soccer match between Mitra of Surabaya and Mastrans of Bandung 10 days ago was marred by hooliganism primarily by Mitra supporters from Surabaya.

The Riady connection

The Riady connection The American media's disclosure that Indonesian billionaire James Riady of the Lippo Group has been making financial contributions to the Democratic Party's campaign coffers is not new. The Wall Street Journal reported it as far back as March.

Indonesia to test Iraq's skills in Asia Cup soccer warm-up

Indonesia to test Iraq's skills in Asia Cup soccer warm-up JAKARTA (JP): Indonesia is to play a friendly soccer match against Iraq at the Senayan Stadium next Wednesday.This will be Indonesia's first-of-seven planned warm-up matches before the Asia Cup finals in the United Arab Emirates, which...

CSIS displays 165 years of Indonesian painting in Jakarta

CSIS displays 165 years of Indonesian painting in JakartaBy Carla Bianpoen JAKARTA (JP): The Center for Strategic and International Studies (CSIS) has entered its 26th year of existence and it appears that a much broader definition of the institution may be in the offing.

PDI supports unification of Greater Jakarta

PDI supports unification of Greater Jakarta JAKARTA (JP): The Indonesian Democratic Party (PDI) faction of the City Council has urged the government to join Jakarta, Bogor, Tangerang and Bekasi (Jabotabek) under one authority to harmonize the development in the areas.

RI canoe polo team lies 11th

RI canoe polo team lies 11th JAKARTA (JP): Despite finishing 11th at the world canoe polo championships in Adelaide, Australia, Indonesia's seven-man team has achieved a spectacular feat by beating strong teams from Canada, Brazil and Hong Kong.

Water purifiers for Palangka Raya

Water purifiers for Palangka Raya PALANGKA RAYA, Central Kalimantan: Farmers being resettled to the peat land project will not have to worry about drinking water.The government is building about 3,000 water purifiers on the one-million-hectare site to ensure that the transmigrants will not have...

ASEAN officials to meet in Bali

ASEAN officials to meet in Bali JAKARTA (JP): Senior officials of the Association of Southeast Asian Nations (ASEAN) are scheduled to meet in Bali next week to discuss the development and utilization of industrial minerals in the region.

KL reiterates Myanmar's right to join ASEAN

KL reiterates Myanmar's right to join ASEAN KUALA LUMPUR (Reuter): Malaysian Foreign Minister Abdullah Badawi yesterday reiterated Malaysia's belief that Myanmar has a right to join ASEAN, but said the timing of the membership was still not decided.

Chess body optimistic over televised duel

Chess body optimistic over televised duel JAKARTA (JP): The Indonesian Chess Association is optimistic that it will strike a deal with a private television station in two weeks to broadcast live a 50-minute exhibition duel between Indonesia's number one chess player Utut Adianto and Judith Polgar...

Low consumption of fish lamented

Low consumption of fish lamented BOGOR (JP): The low consumption of fish by pregnant women and children could have an adverse effect on the development of a child's intelligence, a nutrition expert said yesterday.

Delays expected in tendering Natuna projects

Delays expected in tendering Natuna projects JAKARTA (JP): The government may delay the tendering of development projects in Natuna until next week from the original schedule of Oct. 1 because it is still finalizing the projects' legal framework, a minister said yesterday.

Parking at Sarinah

Parking at SarinahFrom Media IndonesiaI intended to shop at Sarinah on Jalan Thamrin on Oct. 10 but was unable to find a parking space. Like a number of other motorists, I found myself driving around and around the parking lot in a long line, without being able to park.

Sinar Mas assets may aid Amcol

Sinar Mas assets may aid Amcol JAKARTA (JP): Business tycoon Eka Tjipta Widjaja is considering injecting part of his Sinar Mas Group's assets into the beleaguered Amcol Holdings.Eka said that the transfer of group assets into the Singapore- based Amcol is part of a deal currently being negotiated.

Bob Dole hits Bill Clinton on Asian connections

Bob Dole hits Bill Clinton on Asian connections KANSAS CITY, Missouri (Agencies): Republican presidential candidate Bob Dole demanded Monday that President Bill Clinton answer questions on his links to Asian businessmen and their contributions to Democratic party coffers, Reuters reported.

Octoberfest in Bali

Octoberfest in Bali NUSA DUA, Bali (JP): The Sheraton Nusa Indah Bali hotel plans to stage Bali's first German Octoberfest later this month to attract more tourists.Hotel general manager Lothar R. Pehl told journalists yesterday that Nusa Indah Hall at the Bali International Convention Center will...

Disco ban abused

Disco ban abused BEKASI, West Java (JP): The regency's ban on discotheques last year has been abused by entertainment operators while the authorities have been lax in their enforcement of the regulation, according to young people in the area.

Union proposes 15% hike in minimum wage

Union proposes 15% hike in minimum wage JAKARTA (JP): The Federation of All Indonesian Workers Union proposed yesterday that the government raise the minimum regional daily wage by 15 percent next year.

'Religious diversity is a strength'

'Religious diversity is a strength' DILI, East Timor (JP): President Soeharto stated yesterday that religious diversity should not be seen as a weakness or source of conflict but as a strength and catalyst to help propel the wheels of development.

Tangerang mayor urged to close nightspots

Tangerang mayor urged to close nightspots TANGERANG, West Java (JP): Local figures and ulemas have urged Tangerang Mayor Djakaria Machmud to keep his promise and close down nightspots found to be used as Ecstasy dealing sites.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 15, 1996 Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 1,100 0 0 AHAP Insurance 2,675 0 0 Alumindo Perkasa 1,175 400 3,043,000 Andayani Megah 975 -50 239,500...

Man robbed of Rp 33 million in Cilandak

Man robbed of Rp 33 million in Cilandak JAKARTA (JP): Two unidentified men, one of whom was armed with a gun, robbed a private employee yesterday of Rp 33 million (US$14,165) on Jl. Fatmawati in Cilandak, South Jakarta.

Reduce transaction costs to boost exports: Experts

Reduce transaction costs to boost exports: Experts JAKARTA (JP): Economists said yesterday that trade transaction costs must be reduced if the country is to improve the competitiveness of its exports."Problems like transaction costs are escaping our attention and are already hurting our economy,...

Nobel Peace Prize

Nobel Peace Prize I was extremely disappointed with The Jakarta Post's coverage of the awarding of the Nobel Peace Prize to Bishop Carlos Felipe Ximenes Belo and Jose Ramos Horta ("Belo and Horta receive Nobel peace prize," Oct. 12, 1996).

Tri Polyta's profit drops

Tri Polyta's profit drops JAKARTA (JP): The country's largest polypropylene resins producer, PT Tri Polyta Indonesia (TPI), reported yesterday that it booked a net profit of Rp 45.5 billion (US$19.4 million) in the first nine months of this year, compared to Rp 54.

Islamic Center dedicated

Islamic Center dedicated AMBON, Maluku: Minister of Religious Affairs Tarmizi Taher opened the Rp 1 billion (US$425,000) Islamic Center here on Monday, Antara reported yesterday.Tarmizi donated Rp 70 million to the Al-Fatah Grand Mosque Foundation which manages the center, which aims to propagate...

Surya Wisesa gets B+ rating

Surya Wisesa gets B+ rating HONG KONG (Reuter): Standard & Poors rating agency said yesterday it assigned its long-term corporate credit rating of B+ to P.T. Fajar Surya Wisesa.It also assigned a B+ rating to Fajar unit FSW International Finance Company B.

Moro rebels ready for peace talks with govt

Moro rebels ready for peace talks with govt COTABATO, Philippines (AFP): Moro guerrillas in the southern Philippines yesterday said they were ready to begin formal peace talks with the government, despite a weekend clash which left 10 dead near here.

No polio cases reported this year

No polio cases reported this year JAKARTA (JP): Minister of Health Sujudi said there were no new cases of polio this year and only four reported last year.At the launch of the second phase of this year's immunization program in Pandak Bandung village in Bali yesterday, Sujudi said he hoped that...

Families resettled in South Sulawesi

Families resettled in South Sulawesi UJUNGPANDANG, South Sulawesi: The local government is busy resettling 315 people, from densely populated Central and East Java, in Sidrap regency.The resettlers arrived at the Bepao transmigration site on Monday, Antara reported.Sidrap Regent A.