Indonesian Political, Business & Finance News

Archive: 25 October 1996

54 articles found

Regional security pact queried

Regional security pact queriedBy Hilman Adil JAKARTA (JP): The signing of the Agreement on Maintaining Security by the foreign ministers of Indonesia and Australia in December 1995, before the Labor government was defeated in the general election early this year, was hailed at that time as...

One dies in train crash

One dies in train crash CIAMIS, West Java: A train bound for Kroya, West Java, from Bandung hit a minibus Wednesday at the Gayam railway crossing here, killing one.Enok Kartiwa, 40, who was one of the four minibus passengers, died instantly.

Australia's protracted ASEAN teething problems

Australia's protracted ASEAN teething problemsBy Dewi Anggraeni MELBOURNE (JP): Australia, it seems, will have long and protracted teething problems in its integration into the region. The occasional race debate is only one manifestation of a number of problems dormant (or seething, as the race...

Five killed in toll crash

Five killed in toll crash TANGERANG, West Java (JP); Five died and eight were severely injured in a crash on the Jakarta-Merak toll road on Wednesday.All the victims were passengers and crew of an intercity bus, P.O.

Nusamba moves to take major stake in Astra

Nusamba moves to take major stake in Astra JAKARTA (JP): PT Nusantara Ampera Bhakti (Nusamba) began maneuvering yesterday to control a majority stake in PT Astra International, buying at least 10 percent of the automotive company's shares through the Surabaya Stock Exchange.

BNI shares priced at Rp 850

BNI shares priced at Rp 850 JAKARTA (JP): The state-owed Bank Negara Indonesia 1946 yesterday announced that its shares will be offered to the public at Rp 850 (36 U.S. cents) each next month.The banks said in a statement here that it will offer 1.

Oracle targets RI software market

Oracle targets RI software market JAKARTA (JP): Oracle Corp. of the United States plans to buy out Datalogix International and work with Digital Equipment to sell more computer software to manufacturing companies in Indonesia.

Govt gives aid to flood victims

Govt gives aid to flood victims BANDA ACEH, Aceh: The government has given Rp 19 billion (US$8 million) to help repair a total of 24,955 houses damaged in the flood that hit North and East Aceh in January.

Ministers to meet at RI-German forum

Ministers to meet at RI-German forum JAKARTA (JP): German economics minister Guenter Rexrodt and Indonesian State Minister of Research and Technology B.J. Habibie are scheduled to open Indonesia-Germany forum's second meeting Saturday, to strengthen bilateral economic relations.

Bulog chief defends price-stability policy

Bulog chief defends price-stability policy JAKARTA (JP): National Logistics Agency (Bulog) chief Beddu Amang yesterday lashed out at members of the World Trade Organization (WTO) who link price-stabilization policies with protectionism, saying the two are "fundamentally distinct concepts".

Where to go in Bali:

Where to go in Bali:Music and Entertainment * Grand Hyatt Bali, Nusa Dua: Pasar Senggol - Balinese Village, daily, Kecak Dance, Friday and Tuesday, Legong Dance, Saturday, Arjuna Wiwaha Dance, Sunday, Balinese dance parade - Rejang dance, Puspawresti Dance, Belibis Dance & Jaran Teji Dance, Monday,...

Integration figure passes away

Integration figure passes away JAKARTA: Jose Antonio Bonifasio Filomena Dos Reis Araujo who once fought for East Timor's integration into Indonesia died here on Wednesday.Antara reported that Jose Antonio had held a number of important posts including that of regent of Ainaro from 1988 to 1993, and...

Freeport sees higher copper and gold output

Freeport sees higher copper and gold output NEW ORLEANS (Reuter): Freeport-McMoRan Copper & Gold Inc said that PT Freeport Indonesia Co. (PTFI) expects increased copper and gold output in the third quarter.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 24, 1996 Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 1,050 0 0 AHAP Insurance 2,675 0 0 Alumindo Perkasa 800 0 17,500 Andayani Megah 1,000 0 158,000 Aneka Kimia...

Two robbers arrested

Two robbers arrested JAKARTA (JP): Police yesterday arrested two of the three men who allegedly robbed a passenger of a bajaj (three-wheeled public transport vehicle) in Central Jakarta.The passenger, Kati, lost Rp 75,000 (US$32.18), a gold necklace and a wristwatch in the theft on Jl.

Residents attack project site

Residents attack project site SEMARANG: About 200 residents from the Bandarharjo sub- district attacked heavy equipment owned by PT Cipta Guna Semarang which they claim has caused flooding in the neighborhood.

Police crack down on recalcitrant taxi drivers

Police crack down on recalcitrant taxi drivers JAKARTA (JP): The City Land Transportation Control Agency (DLLAJ) and the City police have launched an operation to discipline recalcitrant taxi drivers.Over the past three weeks more than 500 taxi drivers have been caught violating regulations ranging...

Utut ends chess meet joint second

Utut ends chess meet joint second JAKARTA (JP): After 34 see-saw moves, Indonesia's number one chess player Utut Adianto and Belgium's Mikhail Gurevich finally realized the inertia they were in and agreed to end the Gunadharma International Chess Tournament's last round with a shared point...

Acronyms in Bahasa Indonesia

Acronyms in Bahasa IndonesiaFrom Bisnis IndonesiaWe are more familiar with the acronym PBB, which stands for the United Nations Organization, than UNO. That is, as far as I know, the only name of a foreign organization that has been translated.

Nobel Peace Prize

Nobel Peace PrizeFrom Media IndonesiaThe conferring of the 1996 Nobel Peace Prize on Dili Bishop Carlos Felipe Ximenes Belo and East Timor anti-integration activist Jose Ramos Horta was shocking indeed. In the case of Belo, it is acceptable.

Police seize 300 bottles of liquor

Police seize 300 bottles of liquor BEKASI, West Java (JP): Bekasi police yesterday confiscated 300 bottles of alcohol in an operation code named Kilat Jaya.The operation at two brothels, the Cibitung Bekasi Laut and the Malvinas, was launched at midnight which is the busiest time.

Exporters complain of high costs and delays

Exporters complain of high costs and delays JAKARTA (JP): Small and medium-size exporters complained yesterday to Minister of Industry and Trade Tunky Ariwibowo about the high costs plaguing their businesses.

Indonesia and Australia plan joint regional airline

Indonesia and Australia plan joint regional airline JAKARTA (JP): Indonesia and Australia agreed yesterday to establish a joint regional airline to serve the proposed growth area which links Indonesia's eastern provinces and the Australian continent.

Indonesia asks Colombia for help on E. Timor issue

Indonesia asks Colombia for help on E. Timor issue JAKARTA (JP): Indonesia asked Colombia yesterday to persuade other Latin American countries to remove East Timor from the agenda of the IBOR-American conference in Chile next month.

RP government offers Moros cease-fire

RP government offers Moros cease-fire DAVAO, Philippines (AFP): The Philippine government has offered a cease-fire to a Moro rebel faction in the south, where businessmen pledged US$1.5 billion in investments despite security concerns, a guerrilla leader said yesterday.

Food security

Food security I wish to congratulate The Jakarta Post on their well-balanced and realistic editorial on the subject of securing sufficient food, especially rice, for the ever-growing population of this nation.At the same time, I would like to add some other thoughts and remarks to this.

Treatment of opponents

Treatment of opponents It is with great interest that I read The Jakarta Post. It is usually open, makes an independent impression and seems well documented.It is of no concern to me how Indonesians treat each other.

Three detained for raping girl

Three detained for raping girl BEKASI, West Java (JP): Police yesterday arrested three young men after a teenage girl said they had sexually her on Tuesday night.Accompanied by her father, Ina, 15, a junior high school student, told police she had been sexually assaulted after meeting the men at a...

City threatens to seal unoccupied Benhil apartments

City threatens to seal unoccupied Benhil apartments JAKARTA (JP): The city housing agency has threatened to seal off low-cost apartments in Bendungan Hilir, Central Jakarta, by the end of next month unless their owners live there.

Emirates increases flights to Jakarta

Emirates increases flights to Jakarta JAKARTA (JP): Emirates airlines of the United Arab Emirates will start an extra weekly flight to Jakarta next Monday, Area Manager for Indonesia John Rotikan said yesterday.

TV today

TV todayTVRI 2:30 p.m. Travel: Wajah Negeriku 2:35 TV Series: Animated Classic 3:05 TV Series: Remaja Indonesia 3:30 TV Series: Emergency Call 4:05 Comedy 4:30 Student Quiz: Cerdas Cermat 4:55 Filler and Teller 5:00 News: Siaran Berita TVRI 6:05 Travel: Maluku 6:15 Village Program 6:45 Creation...

Standardization meeting

Standardization meeting JAKARTA (JP): The Indonesian Council for National Standardization (DSN) will host a conference of the International Electrotechnical Commission (IEC) next week to discuss international standardization for electrical equipment.

Inco's profit fell in third quarter

Inco's profit fell in third quarter JAKARTA (JP): The consolidated net profit of publicly-listed PT International Nickel Indonesia (Inco) fell 55 percent in the third quarter this year to US$14.5 million from $31.6 million in the same period of 1995.

Australia supports RI's WTO stance

Australia supports RI's WTO stance JAKARTA (JP): Australia agreed yesterday to support Indonesia's stance that non-trade issues should not be raised at the upcoming ministerial meeting of the World Trade Organization (WTO).

Women-linked issues need serious attention

Women-linked issues need serious attention JAKARTA (JP): Women activists lamented yesterday the lack of serious efforts towards overcoming the country's high maternity mortality rate, gender inequality and reproduction health problems.

Rekayasa, Linde to take on world in engineering

Rekayasa, Linde to take on world in engineering JAKARTA (JP): State-owned PT Rekayasa Industri and Linde Process Engineering and Contracting of Germany have signed an agreement to help each other supply engineering products to the world, particularly Asia.

Rama Surya's photographs speak for themselves

Rama Surya's photographs speak for themselvesBy Yenni Kwok JAKARTA (JP): The strength of Rama Surya's photo exhibition, Yang Kuat Yang Kalah (The Strong, The Beaten) lies not only in the pictures but also in the stories behind them.

Indonesia, France battle for bridge lead

Indonesia, France battle for bridge lead JAKARTA (JP): Indonesia cruised to a hat trick of wins on the fourth day of the 10th Bridge Olympics on Rodos Island, Greece, Wednesday to step up the pressure on group leader France.

Soeharto meets with CIA chief

Soeharto meets with CIA chief JAKARTA (JP): President Soeharto met with the American Central Intelligence Agency (CIA) director, John Deutch, here yesterday.Chief of the Coordinating Agency for Indonesian Intelligence Lt. Gen.

Telkom's multimedia venture

Telkom's multimedia venture BANDUNG (JP): PT Telekomunikasi Indonesia (Telkom), the national telecommunications company, and three subsidiaries of publicly-listed Bimantara Citra have signed an agreement to form a multimedia company.

Great River considers IPO

Great River considers IPO SINGAPORE (Reuter): Indonesian clothing company PT Great River International said yesterday it might consider listing its shares in Singapore in the future.Great River president director Sunjoto Tanudjaja told a news conference the company was expanding very fast in...

Police to probe Cece's death: Gen. Feisal

Police to probe Cece's death: Gen. Feisal JAKARTA (JP): The death of a robbery suspect while in Bogor police custody will be investigated by the police, and not the military, Armed Forces Chief Gen. Feisal Tanjung said yesterday.

A sober decision

A sober decision The government's promise to review its decree on the sale and distribution of alcoholic beverages should calm the tension among Moslem organizations. At least temporarily.These past few weeks have seen various protests in Jakarta and other cities against the policy.

Would-be home owners complain to rights body

Would-be home owners complain to rights body JAKARTA (JP): A delegation representing 700 disgruntled housing consumers from the East Java capital of Surabaya brought their dispute with an unlisted developer to the National Commission on Human Rights here yesterday.

RI fears only Malaysia in SEA Games badminton

RI fears only Malaysia in SEA Games badminton JAKARTA (JP): Indonesia yesterday declared Malaysia the favorite to win either the men's singles or men's doubles in the 19th Southeast Asian Games badminton competition here next year.

Games village plan faces difficulties

Games village plan faces difficulties JAKARTA (JP): The Jakarta administration said yesterday that it refused to give a building permit to construct an athletes village for the 19th Southeast Asian (SEA) Games here next year because it never saw the proposal.

Union demands share of profits

Union demands share of profits JAKARTA (JP): A forestry workers union member yesterday demanded the government improve their welfare by giving them a small percentage of the country's profits from the lucrative timber business.

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,...

Pupet shows to mark exhibition

Pupet shows to mark exhibition JAKARTA (JP): A handphone promotion and puppet shows will be part of the attractions at a Women's Day exhibition here at the end of the year.The Mothers' and Children's World exhibition will run from Dec.

Court ruling on HongkongBank unionists stands

Court ruling on HongkongBank unionists stands JAKARTA (JP): The only resort left for 11 dismissed HongkongBank unionists is to appeal to the Jakarta Administrative High Court, a Ministry of Manpower official says.

Slain reporter's wife does not know suspect

Slain reporter's wife does not know suspect YOGYAKARTA (JP): Marsiyem, the wife of slain journalist Fuad Muhammad Syafruddin, said she did not recognize the man police have accused of murdering her husband.

'Traditions/Tensions': Contemporary art from Asia

'Traditions/Tensions': Contemporary art from AsiaBy Diyan Achyadi NEW YORK (JP): An exciting and ground-breaking show has opened in New York City. For the first time in the United States, an international exhibition of contemporary art from Asia is on view.

Intellectual urges fair play in presidential election

Intellectual urges fair play in presidential election SEMARANG (JP): Respected intellectual Umar Kayam said yesterday Indonesia's political elite needed to cultivate a clear, open and direct presidential candidate selection process.

Investigation into time gaps during the Situbondo riots

Investigation into time gaps during the Situbondo riotsBy Ainur R. Sophiaan SURABAYA (JP): Only days after the Oct. 10 attacks on East Java churches occurred, the National Commission on Human Rights sent an investigation team to the site of the violence.H.A.A.