Indonesian Political, Business & Finance News

Archive: 28 October 1996

45 articles found

Mahathir retains grip after poll

Mahathir retains grip after pollBy David Chew SINGAPORE (JP): Without a doubt, the general assembly of the United Malays National Organization (UMNO) is Malaysia's political event of the year. UNMO's stern warning about the dangers of money politics was well received by the 1,884 delegates, who,...

Businessmen hail joint development area

Businessmen hail joint development area JAKARTA (JP): The Indonesian and Australian governments' agreement last Friday to develop a joint development area linking the two countries' bordering territories has won applause from businessmen on both sides.

European currency may alter Asian forex policies

European currency may alter Asian forex policies HONG KONG (Reuter): Changes in world economies and the advent of a single European currency will change the way Asian countries evaluate currency policy, said Bronwyn Curtis, head of currency research at Deutsche Morgan Grenfell in London.

RI targets Southeast Asia to market its Natuna gas

RI targets Southeast Asia to market its Natuna gas JAKARTA (JP): Indonesia plans to market natural gas from the planned multi-billion dollar gas project in Natuna, Riau, to Southeast Asian and Indochinese countries.State Minister of Research and Technology B.J.

Gulf states urged to ensure oil supplies

Gulf states urged to ensure oil supplies ABU DHABI (AFP): Gulf states need to ensure stable oil supplies for Japan and other Asian countries to grab a bigger share of the fast-growing energy market in the continent, a Japanese expert said on Saturday.

Stocks likely weak on lack of incentives

Stocks likely weak on lack of incentives JAKARTA (JP): Several analysts predicted a weak performance on the Jakarta Stock Exchange (JSX) this week, to be triggered by a further decline in Astra International's share price and high concentration on the upcoming public offering of the state-owned...

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,...

Three gold medals expected from badminton in Olympics

Three gold medals expected from badminton in Olympics JAKARTA (JP): The Badminton Association of Indonesia is targeting three gold medals at the next Olympics in Sydney in the year 2000.Fritz E. Simanjuntak, a sociologist and sports observer, said at the "Prepare for the 2000 Olympics" discussion...

Toffler to speak in Yogyakarta

Toffler to speak in Yogyakarta YOGYAKARTA (JP): An international conference on tourism and heritage management will be opened here this morning featuring noted American futurologist Alvin Toffler and his anthropologist compatriot Clifford Geertz.

Chase bankers visit orphanage

Chase bankers visit orphanage JAKARTA (JP): Chase Manhattan Bank employees took time off from their brain-racking money machine chores on Saturday by doing voluntary and charity work at the Tresna Putra Orphanage in Ciomas, Bogor.

Minister wants developers' permits revoked

Minister wants developers' permits revoked JAKARTA (JP): The State Minister of Public Housing Akbar Tanjung yesterday urged the Bogor, Tangerang and Bekasi (Botabek) administrations to revoke permits given to property developers who have not used the land.

Protection for suspects

Protection for suspects Tentative findings made public by the West Java chief of police yesterday pinpointed a Bogor police chief detective lieutenant, identified only as DT, as being the main offender responsible for the torture and death of robbery and murder suspect Cece.

KNPI striving to reform image at 8th congress

KNPI striving to reform image at 8th congress JAKARTA (JP): The Indonesian National Youth Committee (KNPI), the umbrella organization for dozens of government-sanctioned youth groups, will start its eighth congress today as its appeal is increasingly eclipsed by non-governmental organizations.

Governor meets artists

Governor meets artists JAKARTA (JP): Governor Surjadi Soedirdja attended a meeting with old artists at the Acacia hotel in Central Jakarta on Friday night. The meeting was organized by the city's cultural office and the Army's artist union.

Garuda launches its first cargo jet

Garuda launches its first cargo jet JAKARTA (JP): Flag carrier Garuda Indonesia launched yesterday its first cargo jet in a bid to cash in on the booming Asian airfreight business.Syahrul Tahir, vice president for cargo planning and development, told reporters after the inaugural flight of the B-...

City buses not safe

City buses not safeFrom Berita BuanaCity bus passengers welcome the presence of a police detective unit (Reserse Mobil) in civilian dress to curb criminal action, which has been on the rise in Jakarta lately.My work compels me to leave late from the office.

Southeast Asian tiger economies earn their stripes

Southeast Asian tiger economies earn their stripes The United Nations says the export-led growth model of Southeast Asian tigers is a proven anti-poverty strategy. Dipankar De Sarkar, in this Inter Press Service analysis, says things are not that simple.

Argo Pantes secures $42m loan

Argo Pantes secures $42m loan JAKARTA (JP): Integrated textile producer PT Argo Pantes has received a $42 million syndicated loan from domestic and foreign banks to finance its expansion program, managing director Chan Wing Wah said yesterday.

Fahmi blames govt for poor business ethics

Fahmi blames govt for poor business ethics JAKARTA (JP): A business leader calls the level of violations of business ethics in Indonesia deplorable, and puts the blame squarely at the government's door.

Rare hospitality

Rare hospitality Many of your letters complain about some aspect of life in Jakarta. The writers cite the problems they encounter, or complain about some of the people that live here. To try and redress the balance, I would like to share my experience after a recent thunderstorm.

Nobel Peace Prize

Nobel Peace Prize It is a shame that Nobel Peace Prize winner Jose Ramos Horta has been banned (again) from entering the Philippines.It would be better if Indonesia welcomed the presence of Horta at next month's APEC Summit and took the golden opportunity to show the world that Horta was not the...

Wonosobo hotel agreement

Wonosobo hotel agreement JAKARTA (JP): PT Southern Pacific Indonesia, a subsidiary of Australia's Southern Pacific Hotel Corp., will run Centra Wonosobo, a star-rated hotel in the city of Wonosobo, which is on the Dieng plateau in Central Java.

Fruit association dismisses worries about imports

Fruit association dismisses worries about imports JAKARTA (JP): The Indonesian Fruit Association (HPI) has given assurances that fruit importation has not reached a level that could damage Indonesia's domestic fruit production and marketing, despite recent media reports suggesting the contrary.

Helmut Kohl's visit

Helmut Kohl's visit If sharing a favorite pastime such as fishing together is any indication of fraternity, then President Soeharto's few hours of fishing with visiting German Chancellor Helmut Kohl on Sunday in the waters around Bira Island demonstrated how the relationship between the two...

Women to get free tetanus jabs

Women to get free tetanus jabs JAKARTA (JP): The government will provide free anti-tetanus shots to 4.2 million women of reproductive age, a Ministry of Health official said.Director General of Communicable Disease Control and Environmental Health Hadi M.

Police chief angry at Tjetje's death

Police chief angry at Tjetje's death PARIS (JP): National Police Chief Lt. Gen. Dibyo Widodo says that not only First Lt. DT is responsible for the death of Tjetje Tadjudin while in Bogor police custody, but also his superiors.

Rights body confirms findings

Rights body confirms findings On Oct. 12, after being delayed for one day, the National Committee on Human Rights announced the report, which was conducted from July 28 to Oct. 10, on its investigation concerning the mass riots on July 27.

RI third in 26th round of Bridge Olympics

RI third in 26th round of Bridge Olympics JAKARTA (JP): Indonesia's men's team remains in third position after a 15-15 draw with Canada in the 26th round of the Bridge Olympics on the island of Rhodes in Greece.The draw brought Indonesia's points balance to 501.5.

Sabah sign deals of $87m

Sabah sign deals of $87m DAVAO, Philippines (AFP): Businessmen from the Malaysian state of Sabah have signed agreements worth about 21 billion pesos (US$87 million) in the southern Philippines, Sabah Chief Minister Yong Teck Lee said here Saturday.

Expert asserts need for election-funding law

Expert asserts need for election-funding law JAKARTA (JP): A law stipulating transparency in election campaign fund-raising is urgently needed in Indonesia, according to a noted political and economic observer.

Our country, right or wrong

Our country, right or wrong There are old customs in our culture. One goes by the name of siri in South Sulawesi, the other is called amok in Java. The term "to run amuck," indeed originated in Java. Siri is the right to kill anybody who insults the family, the village, or for that matter, the...

Gapensi should watch over city projects

Gapensi should watch over city projects JAKARTA (JP): North Jakarta's deputy mayor, Sarimun Hadisaputro, has proposed that the city's development projects be supervised by the city chapter of the Indonesian Builders Association (Gapensi).

Soeharto, Kohl cast work aside

Soeharto, Kohl cast work aside JAKARTA (JP): President Soeharto and German Chancellor Helmut Kohl put aside their stately worries for a while, spending a relaxing day fishing and drinking coconut milk in the Thousand Islands yesterday.

Lawyers demand Udin's blood

Lawyers demand Udin's blood YOGYAKARTA (JP): Lawyers at the local office of the Indonesian Legal Aid Institute demanded yesterday that police return the blood sample taken from the slain journalist Fuad Muhammad Syafruddin."We are demanding that the blood sample be returned.

RI-German forum reviews projects

RI-German forum reviews projects JAKARTA (Agencies): The German-Indonesian Forum, grouping government and business leaders, reviewed a number of Indonesian economic projects in which German companies intend to take part.

RI unprepared for free market: Tycoon

RI unprepared for free market: Tycoon JAKARTA (JP): A prominent businessman has warned that Indonesia will not be ready to face tighter competition in the free market era after 2003 due to the poor coordination among its companies and the poor quality of its human resources.

IPTN to launch Australian venture

IPTN to launch Australian venture JAKARTA (JP): President Soeharto, as patron of the Board for Strategic Industry Management (BPIS), has approved the setting up of a joint venture by Indonesia's state-owned aircraft maker, PT IPTN, and Australia.

Lufthansa's additional flight

Lufthansa's additional flight JAKARTA (JP): The German flag carrier Lufthansa will be flying daily from Frankfurt to Jakarta via Singapore as of Nov. 1.The company announced over the weekend that it will operate Boeing B-747-400 jets for the service.

Kohl takes foreign policy helm

Kohl takes foreign policy helmBy Leon Mangasarian BONN (DPA): German Chancellor Helmut Kohl, who began a trip to Indonesia, the Philippines and Japan last Saturday, is being accompanied by three of his ministers but markedly not by Foreign Minister Klaus Kinkel.

Soldier gunned down in E. Timor

Soldier gunned down in E. Timor DILI, East Timor: East Timorese separatists gunned down a member of the Saka brigade here Thursday evening.The East Timor military commander, Col. Mahidin Simbolon, told journalists Friday that a team was being formed to investigate the shooting of Sgt. Maj.

LBH marks 26th birthday with fund, staff shortages

LBH marks 26th birthday with fund, staff shortagesBy P. Prasetyohadi JAKARTA (JP): The Jakarta Legal Aid Institute (LBH), which views itself as a legal defender of the poor, marks its 26th anniversary today on a somber note: It is severely understaffed and underfunded.Executive Director Luhut M.P.

TV today

TV todayTVRI 2:35 p.m. TV Series: Buck Rogers 3:05 Children Program: Anak Anak Indonesia 3:30 TV Series: Major Dad 4:05 Science Film 4:30 Education Quiz: Cepat Tepat 5:00 Evening News 5:25 Travel 6:00 News: Lintasan Berita 6:05 Travel 6:15 Village Program 6:30 Religious Teachings 7:00 Evening News...

Analysts predict buoyant growth in 1996, 1997

Analysts predict buoyant growth in 1996, 1997 JAKARTA (JP): The Econit economic research group predicts buoyant 7.5 percent growth for 1997, despite the political and economic uncertainties that could emerge.Growth will reach 7.3 percent this year, lower than the 8.

KL's palm oil output to rise

KL's palm oil output to rise KUALA LUMPUR (AFP): Malaysia's palm oil production in 1997 is forecast to rise two percent to 8.2 million tons from 8.04 million tons this year, a government report said.But the price of crude palm oil is expected to fall seven percent to 1,100 ringgit (US$440) a ton...

Persib Bandung draws with Argentinian visitors

Persib Bandung draws with Argentinian visitors BANDUNG (JP): Persib Bandung held its Argentinian guests to a goalless draw in a disappointing match in the Siliwangi Stadium watched by around 10,000 spectators Saturday.