Indonesian Political, Business & Finance News

Archive: 24 October 1996

51 articles found

Turkey, RI sign deal

Turkey, RI sign deal ISTANBUL, Turkey (Reuter): Turkey and Indonesia signed cooperation agreements in technology and aviation on Tuesday at a development conference in Istanbul.The aviation accord, worth US$2 million, involves the assembly of military aircraft in Turkey using parts from Indonesia.

Poll campaign should educate people: Experts

Poll campaign should educate people: Experts YOGYAKARTA (JP): Prominent political observers yesterday gathered here to discuss strategies for improving election campaigns so they educate rather than exploit people.Koento Wibisono, Muladi, Yusril Ihza Mahendra, Moh. A.S.

Joint venture to build new toll road

Joint venture to build new toll road JAKARTA (JP): State-owned toll road operator PT Jasa Marga, PT Mawatindo Road Construction and Malaysia's Esprit Group Berhad yesterday agreed to set up a joint venture to build a toll road between Semarang and Demak in Central Java.

RI bridge team trumps five in a row

RI bridge team trumps five in a row JAKARTA (JP): Indonesia's men's team was lying fourth in Group A after beating Germany 19-11 in the 11th session of the 10th Bridge Open Team Olympics Tuesday.Spearheaded by veteran pair Henky Lasut and Eddy Manoppo, the team performed impressively by carving...

German firm eyes new Lombok airport

German firm eyes new Lombok airport JAKARTA (JP): A German consortium wants to get involved in developing a new airport in Lombok, West Nusa Tenggara, which was previously eyed by a Singapore-based consortium.

Counterfeiter gets six years

Counterfeiter gets six years MEDAN, North Sumatra: The Medan District Court sentenced 31- year-old Sarma Dedi Saragih to six years in jail on Tuesday, for counterfeiting, Antara reported yesterday.The medical student from a local private university was found guilty of counterfeiting Rp 16,820,000...

Never take national unity for granted: YKPK

Never take national unity for granted: YKPK JAKARTA (JP): Indonesia should not take unity and harmonious coexistence between citizens from multi-cultural backgrounds for granted, an organization of retired generals and bureaucrats advised yesterday.

New tax on property

New tax on property According to Fuad Bawazier, director general of taxes (Bisnis Indonesia, Oct.7), the government is devising a tax to be levied on the title transfer of land and buildings. Transfers of titles will be subject to a tax of 5 percent of the sale price.

'Suara Pembaruan' lawsuit rejected

'Suara Pembaruan' lawsuit rejected JAKARTA (JP): The Jakarta State Administrative High Court yesterday rejected a lawsuit by Suara Pembaruan publisher, PT Media Interaksi Utama (PT MIU), against the Central Committee for Settling Labor Disputes' (P4P) decision ordering the publisher to reinstate...

RI offers engineering services to OIC

RI offers engineering services to OIC JAKARTA (JP): Indonesia asked Islamic countries yesterday to use its design and engineering skills to promote intra-Islamic trade and investment.Coordinating Minister for Production and Distribution Hartarto Sastrosoenarto said that most Islamic countries...

Passport fee

Passport fee I am a Pakistani businessman. I have been traveling in South Asian countries for the last eight years. I love to have my holidays in Indonesia.I have never faced any problems while visiting Indonesia, but on my visit to the Jakarta Fair last year, someone stole my bag containing...

Thugwane joins Coca-Cola

Thugwane joins Coca-Cola JAKARTA (JP): South Africa's Olympic marathon gold medalist, Josiah Thugwane, has joined forces with Coca-Cola to launch a multi-million rand (hundreds of millions of rupiah) program to develop the country's athletic stars of the future.

Five envoys to play in UN golf tourney

Five envoys to play in UN golf tourney JAKARTA (JP): Five ambassadors have confirmed their participation in the 51st United Nations Anniversary Golf Tournament at the Matoa Golf Course, South Jakarta, on Oct. 30.

Riau in all out boar war

Riau in all out boar war JAKARTA (JP): Armed with sickles, sticks and rifles, dozens of villagers, youths and sharp shooters have marched into the jungle for a major war -- against wild boars.Riau provincial government officials are serious about exterminating the boars that local farmers have...

ASEAN should delay Myanmar membership

ASEAN should delay Myanmar membership Myanmar's entry into ASEAN is being questioned, even by member nations. Dewi Fortuna Anwar explores this issue. JAKARTA (JP): While Cambodia and Laos are fully expected to become ASEAN members in July 1997, such is not the case for Myanmar.

'Astra's shareholding should remain diversified'

'Astra's shareholding should remain diversified' JAKARTA (JP): Minister/State Secretary Moerdiono said yesterday that the government would prefer the shareholding of PT Astra International to remain diversified and not be accumulated in the hands of certain business groups or families.

Smuggled beer seized in Dili

Smuggled beer seized in Dili DILI, East Timor (JP): Tax and excise authorities at the Port of Dili have seized 2,000 boxes of Sagress beer illegally imported from Portugal.Sources at the governor's office said yesterday that the beer were imported by a senior official of the Portugal-Indonesia...

James Riady

James RiadyFrom MerdekaFor our collective peace of mind the attorney general office should call and question business tycoon James Riady. In the words of Amien Rais, chairman of Muhammadiyah, Riady should tell the truth about his collusion with U.S.

Isolated tribes need help

Isolated tribes need help PALU, Central Sulawesi: The province has 6,677 families living in isolated tribes, and only a small number have been given aid to improve their living conditions, an official says.

Ramos now to focus on NPA

Ramos now to focus on NPABy Cecilia Quiambao MANILA (JP): As one of the longest-running insurgencies in Southeast Asia heads toward oblivion, the exiled leaders of the Philippines' communist guerrilla movement are under mounting pressure to settle with the government amid a rapidly changing...

Cooperatives federation supports Soeharto re-election

Cooperatives federation supports Soeharto re-election JAKARTA (JP): The Federation of Employee Cooperatives (Inkopar) came out yesterday in support of re-electing President Soeharto in 1998.The federation voted to offer their support, announced by chairman Agus Soedono, at the organization's just...

Govt agrees to review alcohol ruling

Govt agrees to review alcohol ruling JAKARTA (JP): After weeks of heavy pressure from Moslems and other groups, the government yesterday agreed to reevaluate and probably revise the controversial decree on alcoholic beverages.Minister of Home Affairs Moch. Yogie S.M.

Cotton importers challenged to use arbitration body

Cotton importers challenged to use arbitration body JAKARTA (JP): An associate director of the Britain-based Liverpool Cotton Association (LCA) yesterday challenged Indonesian cotton importers to file complaints against foreign exporters with the LCA's arbitration body.

Police claim jealousy behind reporter's murder

Police claim jealousy behind reporter's murder ANTALYA, Turkey (JP): National Police Chief Lt. Gen. Dibyo Widodo has confirmed the arrest of the suspected killer of Fuad Muhammad Syafruddin, a local reporter in Yogyakarta.

Traffic in Bandung

Traffic in BandungFrom KompasI make daily trips between Padalarang, Cimahi and Bandung for my work. Despite the introduction of the new traffic law a few years ago, the traffic situation has not improved, especially in the greater Bandung area.

On teachers

On teachers Your Oct. 19 story on Indonesian teachers losing steam was a steamed up one. Too sweeping and without substance, it read like a trumped-up private complaint. But it was characteristic work of its author, Pak Arbi.

Policeman abuses newsman

Policeman abuses newsman AMBON, Maluku: Provincial police chief Triwibowo Subroto apologized to local journalists who were harassed by a police officer earlier this month.The reporters were covering the opening of a Koran reading contest on Oct. 14 when Sgt.

State firm takes over Migas Center project

State firm takes over Migas Center project JAKARTA (JP): PT Pembangunan Perumahan, a state-owned property developer, will take over the US$153 million Migas Center building project after the government terminated PT Petrobuild Indonesia's build-operate-transfer agreement.

Court judges rule to try 64 suspected rioters

Court judges rule to try 64 suspected rioters JAKARTA (JP): Central Jakarta District Court judges yesterday ruled the court would try 64 people charged with assault during the July 27 riots.The panel of judges, in five separate trials, overruled all objections raised by lawyers and defendants.

Kohl to strengthen ties with RI

Kohl to strengthen ties with RI JAKARTA (JP): German Chancellor Helmut Kohl is due to arrive here on Saturday for a four-day visit aimed at strengthening bilateral relations between the two countries.Minister/State secretary Moerdiono said Kohl's entourage will comprise about 100 people including...

Hybrid orchid on display

Hybrid orchid on display JAKARTA (JP): The Jakarta branch of the Indonesian Orchid Lovers Association (PAI), in cooperation with Pasar Seni Ancol, will hold a domestic hybrid orchid exhibition from Oct. 31 to Nov. 10 at Pasar Seni Ancol. It will be open from 9.a.m to 9.p.m.

S'pore firm to manage Bakrie van logistics

S'pore firm to manage Bakrie van logistics JAKARTA (JP): Bakrie group subsidiary PT Prosys Bangun Nusantara signed up Singapore Technologies Logistics (STL) yesterday to help manage the flow and supply of components for Bakrie vans.

Play on trendy, caring teens

Play on trendy, caring teens JAKARTA (JP): A play about trendy teenagers who are environmentally aware will be performed on Sunday at the Gedung Kesenian Jakarta, Central Jakarta.The play also touches on teenagers' awareness of HIV/AIDS, and is organized by The Body Shop and HIV/AIDS awareness...

Solidarity through trade

Solidarity through trade With little fanfare, the Islamic Chamber of Commerce and Industry and private sector groups concluded their week-long meetings in Jakarta yesterday calling for greater trade among the 52 members of the Organization of Islamic Conference (OIC).

Another President Taxi driver murdered in North Jakarta

Another President Taxi driver murdered in North Jakarta JAKARTA (JP): A taxi driver was stabbed to death by passengers yesterday on Jl. Agung Perkasa Raya, Tanjung Priok district, in North Jakarta.North Jakarta Police Chief Lt. Col.

Foreign riders arrive here for Asia Pacific races

Foreign riders arrive here for Asia Pacific races JAKARTA (JP): The first batch of overseas riders arrived here yesterday for the Asia Pacific Motocross Championship at Bumi Serpong Damai, Tangerang, West Java, this weekend.

Colombian Samper to hold talks with Soeharto today

Colombian Samper to hold talks with Soeharto today JAKARTA (JP): Colombian President Ernesto Samper arrived here yesterday for a two-day visit.Samper, who chairs the developing countries' 118-member Non- Aligned Movement, is scheduled to have a private meeting with President Soeharto after visiting...

Olympic champs win cars

Olympic champs win cars JAKARTA (JP): Indonesia's Olympic gold medal winning pair Ricky Subagja and Rexy Mainaky each received a Bimantara Cakra car yesterday from Bimantara Group president Bambang Trihatmojo.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 23, 1996 Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,050 0 0 AHAP Insurance 2,675 0 0 Alumindo Perkasa 800 0 20,000 Andayani Megah 1,000 -25 150,000 Aneka...

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,...

Government criticized for failing to quash Fretilin

Government criticized for failing to quash Fretilin DILI, East Timor (JP): The provincial legislative council has criticized Jakarta for failing to end the 20-year-old small-scale separatist rebellion in the territory.

Score girl killed, student dies

Score girl killed, student dies JAKARTA (JP): A girl, who worked as a score girl at a billiards center, was stabbed to death yesterday in the defunct Kemayoran airport in Central Jakarta.Central Jakarta Police Chief Lt. Col. M.

Jakarta prime office rents predicted to increase

Jakarta prime office rents predicted to increase JAKARTA (JP): Grade A office rents in the Jakarta Golden Triangle will increase in the last quarter of 1996 and in 1997, after four years of stagnation, a property analyst said yesterday.

Honda to set up RI venture

Honda to set up RI venture TOKYO (AFP): Japan's Honda Motor Co. Ltd. said yesterday it would set up a joint venture in Indonesia to produce and sell general-purpose engines, generators and water pumps.Honda would have a 60 percent stake in the venture, PT Sinar Honda Jaya, while local partner PT...

Utut likely to finish second in chess meet

Utut likely to finish second in chess meet JAKARTA (JP): Indonesia's number one chess player Utut Adianto is likely to finish second after the ninth and last round of the Gunadharma International Chess Tournament today.

Bakrie to acquire firms

Bakrie to acquire firms JAKARTA (JP): The publicly-listed finance division of Bakrie Group, Bakrie Finance Corporation, plans to buy majority share holdings in three finance companies: PT Dinaro Modal Finance, PT Asemka Pratama Leasing and PT Asuransi Jiwa Centris.

RI's Great River wins Disney distribution rights

RI's Great River wins Disney distribution rights SINGAPORE (AFP): Publicly-listed PT Great River International of Indonesia has won distribution and retailing rights for Disney-licensed apparel in key Asian and Middle East markets following an acquisition announced here yesterday.

TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:45 TV Series: Family Matters 3:05 Dance Performance 3:30 TV Series: 13 Wonder 4:05 Film: Here Comes the Stars 4:30 Education: Dunia Mahasiswa 4:55 Filler and Trailer 5:00 Regional News 5:25 My Country 5:30 Arabic Lessons 6:00 News: Lintasan Berita 6:05...

'Police responsible for Bogor detainee's death'

'Police responsible for Bogor detainee's death' JAKARTA (JP): The Indonesian Legal Aid Foundation (YLBHI) says the death of a robbery suspect in Bogor police custody must be thoroughly investigated.The foundation's operational secretary, Munir, said Cece Tajudin was a police detainee so anything...

Garuda pilot and Ecstasy

Garuda pilot and EcstasyFrom KompasGaruda pilot MS flying the Amsterdam-Jakarta route was caught in the Netherlands with Ecstasy, a drug prohibited in Indonesia. He was taking a great risk by trying to dodge the prevailing regulations.

Thousands need clean water

Thousands need clean water REMBANG, Central Java: While reports about flooding in the province continue to make headlines, more than half a million people in the regencies of Rembang and Blora face a shortage of clean water, reported Antara yesterday.