Indonesian Political, Business & Finance News

Archive: 19 October 1996

52 articles found

Surjadi revises budget upward by Rp 3.2t

<p>Surjadi revises budget upward by Rp 3.2t</p><p> JAKARTA (JP): Governor Surjadi Soedirdja proposed increasing the 1996/1997 city budget yesterday from Rp 2.9 trillion (US$1.26 billion) to Rp 3.2 trillion.

Busang gold dispute may be settled in courts

<p>Busang gold dispute may be settled in courts</p><p> SYDNEY (Reuter): Indonesian parties in the Busang gold discovery dispute hope to resolve matters through administrative action in Indonesia but are prepared to take legal action in Canada if necessary, Warren Beckwith,...

Wahono warns of disunity

<p>Wahono warns of disunity</p><p> JAKARTA (JP): House Speaker Wahono warned national leaders yesterday of "signs of disunity" following the violence that rocked the country recently.

Drunk driver

<p>Drunk driver</p><p> On Oct. 1, 1996, at about 8:45 p.m. my car (a new Suzuki Sidekick-B 1725 EJ) was hit from behind when I was stopped at a traffic light on Jl. Prapanca.</p><p>The other car was a Volvo 740 GLE (B1763 MK) driven by Rick Bowler, an expatriate from...

RI, Malaysia to counter anti-timber campaigns

<p>RI, Malaysia to counter anti-timber campaigns</p><p> JAKARTA (JP): Indonesia and Malaysia have agreed to cooperate in countering anti-tropical timber campaigns, launched by global environmentalist groups, which have disrupted the timber trade of both countries.

Sempati Air delays plan for initial public offering

<p>Sempati Air delays plan for initial public offering</p><p> JAKARTA (JP): Private regional airline Sempati Air has delayed its plan to list on the Jakarta Stock Exchange this year because of unfavorable market conditions and an uncertain political environment.

Stock Exchange

<p>Stock Exchange</p><p>Stock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 18, 1996</p><p> Shares Close Change Trading</p><p> Volume ------------------------------------------------------------ Ades Alfindo 1,050 0 0 AHAP Insurance 2,675 0 0...

Indonesian teachers lose steam on professionalism

<p>Indonesian teachers lose steam on professionalism</p><p>By Zatni Arbi</p><p> JAKARTA (JP): "Ma'am, why didn't you check my homework?" asked a school boy. The math teacher curtly replied, "What for? I know your mom did it.

Flood spreads, kills two

<p>Flood spreads, kills two</p><p> BANYUMAS, Central Java: Heavy rains since Monday have caused several rivers to overflow, inundating houses and thousands of hectares of paddy fields in 30 villages in the regencies of Tambak, Sumpiuh, Kemrajen, and Kebasen.

Envoys to visit North Sulawesi

<p>Envoys to visit North Sulawesi</p><p> MANADO, North Sulawesi: A delegation of 30 ambassadors from the United States, Australia, and countries in Asia, Africa and Europe, will visit North Sulawesi on Oct. 28, Antara reported yesterday.

Stopping floods

<p>Stopping floods</p><p> The rainy season has only just begun, but the few rainstorms we have seen in Jakarta this past week show some disturbing signs about the city's ability to cope with flooding.

House nominates two candidates for chief justice

<p>House nominates two candidates for chief justice</p><p> JAKARTA (JP): The House of Representatives proposed yesterday two candidates for the post of chief justice: Deputy Chief Justice for Military Tribunals Sarwata and Justice Suwardi Martowirono.

Bakrie closes $175m FRN

<p>Bakrie closes $175m FRN</p><p> HONG KONG (Reuter): Bakrie International Finance BV's, guaranteed by PT Bakrie & Brothers, US$175 million floating rate notes issue due 1999 has been closed, said arranger Peregrine Fixed Income.

Train passengers harassed by vendors

<p>Train passengers harassed by vendors</p><p>From Pelita</p><p>While traveling business class on the Fajar Utama train between Gambir station and Semarang Tawang, I have noted that vendors board the train at certain points.

Davomas reports 99% profit increase

<p>Davomas reports 99% profit increase</p><p> JAKARTA (JP): Cocoa butter and powder producer PT Davomas Abadi yesterday announced it had almost doubled its net profit for this year's first nine months.

Twelve vehicles in chain collisions

<p>Twelve vehicles in chain collisions</p><p> BEKASI, West Java (JP): Twelve vehicles crashed in two separate chain collisions on the Cikampek-Cawang toll road during a heavy down pour on Wednesday evening.</p><p>Five vehicles were involved in a pile-up at 7 p.m.

Thousands need clean water

<p>Thousands need clean water</p><p> SEMARANG: More than 28,000 families in 34 villages in the six districts of Cilacap, Central Java, are facing a shortage of clean water due to drought.

Where to go in Jakarta:

<p>Where to go in Jakarta:</p><p>Music</p><p> * 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.

Separatist rebel shot dead

<p>Separatist rebel shot dead</p><p> JAYAPURA, Irian Jaya: Troops in the Rajawali I and II task forces on Thursday clashed with a separatist rebel group in the Alama village on the border of Jayawijaya and Paniai regencies.

TV today

<p>TV today</p><p>TVRI</p><p> 2:35 p.m. TV Series: Animated Classic 3:05 Sports 4:05 TV Series: Out of The Blue 4:30 Science Film: Earth Revealed 4:55 Filler 5:00 News: Siaran Berita TVRI 5:30 Information: Pertanian dan Lingkungan 6:05 Travel: Central Kalimantan 6:15...

Malaysia grounds Sikorsky choppers

<p>Malaysia grounds Sikorsky choppers</p><p> KUALA LUMPUR (AFP): The Malaysian defense ministry yesterday ordered the air force to ground its 31 US-built Sikorsky S-61A-4 helicopters after one of the aircraft crashed late on Wednesday.

Grey Berets for Army unit

<p>Grey Berets for Army unit</p><p> JAKARTA (JP): Army Chief of Staff Gen. R. Hartono has issued an order that members of the Army Engineers Corps' War Unit wear grey berets effective last Wednesday.</p><p>The berets were worn by the troops on Oct.

ADB official due here

<p>ADB official due here</p><p> JAKARTA (JP): The Asian Development Bank's (ADB) vice chairman for the east Asia region, Henry Sullivan, who arrived in Bali Thursday to attend a seminar on capital markets, will hold meetings with senior government officials here next week.

Attacks on churches instigated: Military

<p>Attacks on churches instigated: Military</p><p> MAGELANG (JP): Army Chief of Staff Gen. R. Hartono yesterday said that the attacks on East Java churches last week were instigated by people who wished to see the country plunge into turmoil.

Govt to give Rp 5 million to voluntary transmigrants

<p>Govt to give Rp 5 million to voluntary transmigrants</p><p> JAKARTA (JP): Families that volunteer to resettle in the giant peat-land project in Central Kalimantan will each get a Rp 5 million (US$2,174) incentive from the government, Minister of Transmigration Siswono...

Korean Training Cruise due here

<p>Korean Training Cruise due here</p><p> JAKARTA (JP): A South Korean naval ship is scheduled to arrive at Tanjung Priok port on Oct. 22 as part of a Korean Naval Academy training cruise.

Gingrich calls for probe into RI campaign money

<p>Gingrich calls for probe into RI campaign money</p><p> WASHINGTON (Reuter): House of Representatives Speaker Newt Gingrich on Thursday called for an investigation into whether the Indonesian government won U.S.

Utut succumbs to Hickl in local chess tourney

<p>Utut succumbs to Hickl in local chess tourney</p><p> JAKARTA (JP): Utut Adianto stumbled on the 25th move and fell seven steps later to Joerg Hickl, the German grandmaster who knows him inside out, in the Gunadarma International Grandmaster Chess Tournament's fourth round...

Bitter medicine (2)

<p>Bitter medicine (2)</p><p> I was surprised to read the headline of Oct. 9, 1996, a quote from the Minister of Religious Affairs. I cannot understand why he should say that "this matter (alcohol ruling) should be seen from both sides...

Bok strolls into second straight RI Satellite men's tennis final

<p>Bok strolls into second straight RI Satellite men's tennis final</p><p> JAKARTA (JP): Martijn Bok of the Netherlands moved within one win of a second title in the Indonesia Satellite men's tennis circuit when he eased past the second seed, Italy's Igor Gauri, in...

Games organizers waiting on doping decision for record list

<p>Games organizers waiting on doping decision for record list</p><p> JAKARTA (JP): The National Games Organizing Committee is still waiting for the National Sports Council's final decision on the drug abusers before issuing the official record-breaker lists.

Tangerang regency closes nightspots

<p>Tangerang regency closes nightspots</p><p> TANGERANG, West Java (JP): Two nightspots were shut down here Thursday for violating their entertainment licenses.</p><p>The FM3 Singing Hall at Hotel Transit and the Borobodur Lounge at Istana Nelayan Hotel were closed by...

Foreign tourists unhappy with cleaning services

<p>Foreign tourists unhappy with cleaning services</p><p> JAKARTA (JP): Foreign tourists visiting the country are concerned over the poor state of basic services, including cleaning services, local transportation, telecommunications, mailing services, tourist information centers,...

China, S. Korea may shine in APEC meeting

<p>China, S. Korea may shine in APEC meeting</p><p> JAKARTA (JP): China and South Korea are expected to become champions in bolstering the trade liberalization process at the forthcoming meeting of the Asia Pacific Economic Cooperation (APEC) forum in Manila next month, says an...

Megawati's board supports rights commission's report

<p>Megawati's board supports rights commission's report</p><p> JAKARTA (JP): Ousted Indonesian Democratic Party (PDI) leader Megawati Soekarnoputri yesterday commended the National Commission on Human Rights for its independence, courage and correct evaluation of the...

Bogor holds development fair

<p>Bogor holds development fair</p><p> BOGOR (JP): A regional development fair will be held by the Bogor administration from Oct. 19 through Oct. 28 to celebrate Pancasila Sanctity Day which falls Oct. 1.

Inco to pay dividends

<p>Inco to pay dividends</p><p> JAKARTA (JP): PT International Nickel Indonesia (Inco) announced yesterday it will pay an interim dividend of 5 U.S. cents per share on Dec. 12.</p><p>The mining company which operates in Soroako, South Sulawesi said Indonesian...

Telivision stations criticized for lack of children's shows

<p>Telivision stations criticized for lack of children's shows</p><p> JAKARTA (JP): The country's six television stations are guilty of "child neglect", educators said citing the shortage of programs for young people.</p><p>B.

Jakarta says it's up to RP to let Horta in

<p>Jakarta says it's up to RP to let Horta in</p><p> JAKARTA (JP): Indonesia will not pressure the Philippine government about whether it should let an East Timorese separatist leader come to Manila while President Soeharto is there in November.

RI league divided into three pools

<p>RI league divided into three pools</p><p> JAKARTA (JP): The All-Indonesia Soccer Association decided at a meeting Thursday to split the Indonesia League into three groups -- Group West, Group Central and Group East -- with 11 teams competing in each group.

RI needs over $505b for energy development

<p>RI needs over $505b for energy development</p><p> JAKARTA (JP): Indonesia's energy sector needs at least US$505 billion in new investment during the current 25-year development program, which ends in 2019, to meet increasing demand for energy, an official said.

Another protest against alcohol

<p>Another protest against alcohol</p><p> BOGOR, West Java (JP): A group Bogor Moslem students calling themselves "youth and student communication forum" protested the proposed nation-wide provincial decrees on alcohol distribution.

Thousands suffer from TB

<p>Thousands suffer from TB</p><p> PADANG, West Sumatra: A total of 1,451, or 37 percent, of patients at hospitals and health centers in Western Sumatra in the past year have been found to be suffering from tuberculosis (TB), an official says.

Shipping deregulation

<p>Shipping deregulation</p><p> JAKARTA (JP): The government plans to deregulate the shipping industry to improve local shipping firm's competitiveness against foreign competitors, Minister of Transportation Haryanto Dhanutirto said yesterday.

Golkar to select 'nation's best son' for its candidate

<p>Golkar to select 'nation's best son' for its candidate</p><p> JAKARTA (JP): Golkar will select "the nation's best son" for its candidate in the 1998 presidential election, chairman Harmoko said yesterday.

APEC agrees to simplify customs procedures

<p>APEC agrees to simplify customs procedures</p><p> MANILA (Agencies): Members of the Asia-Pacific Economic Cooperation (APEC) forum have agreed to simplify and harmonize customs procedures to ease trade and investment flows, a senior Philippine official said yesterday.

Police say Bali may turn into an Ecstasy market

<p>Police say Bali may turn into an Ecstasy market</p><p> DENPASAR, Bali (JP): Bali police chief Maj. Gen. Benyamin L.S. Mamuaya predicts that the island, with its high traffic of tourists, may change from a "point of distribution of drugs" into one that markets Ecstasy.

'RI faces complex problems in economy'

<p>'RI faces complex problems in economy'</p><p> JAKARTA (JP): Minister of Industry and Trade Tunky Ariwibowo acknowledged yesterday that Indonesia faces a complex and interrelated range of problems as the nation seeks to move forward with its development plan.

International union vows to help sacked bank staff

<p>International union vows to help sacked bank staff</p><p> JAKARTA (JP): A campaign to support the sacked HongkongBank workers will be launched soon by 400 unions in 125 countries, an international union leader said yesterday.

Six arrested for possessing and dealing drugs

<p>Six arrested for possessing and dealing drugs</p><p> JAKARTA (JP): City anti-narcotics detectives have arrested two university students for possessing heroin and four alleged marijuana dealers in the past few weeks.</p><p>The police seized six grams of heroin and 56.

New tennis fund-raising body urged to run more local events

<p>New tennis fund-raising body urged to run more local events</p><p> JAKARTA (JP): The newly established Indonesian Tennis Association's fund-raising and promotion body received a challenging response yesterday to how many international tournaments it could hold to help...

Student denies stoning policeman

<p>Student denies stoning policeman</p><p> JAKARTA (JP): A university student denied throwing rocks at a policeman during a demonstration in Central Jakarta in June. He told the court yesterday it might have been someone else.