Indonesian Political, Business & Finance News

Archive: 9 October 1996

55 articles found

Where are my letters?

Where are my letters? Last year President Soeharto declared 1995 the "year of letter writing". As an avid correspondence lover I support this ideal. I have many pen pals both at home and abroad, particularly in Europe. But I have a problem with letters from my pen pals in Europe going astray.

Exit tax burdens small businesses

Exit tax burdens small businesses JAKARTA (JP): Exit taxes imposed on Indonesians traveling abroad are particularly a burden on small-scale businessmen looking to promote exports and students pursuing education in foreign countries, according to an analyst.

Globetrotters set to slam dunk RI

Globetrotters set to slam dunk RI JAKARTA (JP): The legendary American basketball team the Harlem Globetrotters is to show off its prowess in four shows in Indonesia.The first two exhibitions are scheduled for Oct. 29 and Oct.

Delay becoming net oil importer: President

Delay becoming net oil importer: President JAKARTA (JP): President Soeharto stated here yesterday that Indonesia, which is facing increasing energy demands, will do its best to postpone becoming a net oil importer.

Rector and student go to court

Rector and student go to court BANDUNG: Bandung Institute of Technology Rector Wiranto Aris Munandar and a student contesting his expulsion have failed to reach an out-of-court settlement.The student, Budhi Sumarso, 23, is determined to continue the legal battle in the local state administrative...

Megawati files lawsuit against election institute

Megawati files lawsuit against election institute JAKARTA (JP): Megawati Soekarnoputri, the ousted leader of the Indonesian Democratic Party (PDI), filed a lawsuit yesterday against the government for refusing to accept her list of legislature candidates for next year's general elections.

Investment endangers Greater Jakarta

Investment endangers Greater Jakarta JAKARTA (JP): The rapid growth of investment by companies in Jakarta poses serious problems for both the city and its West Java environs, a high ranking official believes.

Thailand barters rice for RI planes

Thailand barters rice for RI planes BANGKOK (Reuter): The Thai cabinet yesterday approved a counter trade deal whereby Thailand will sell 110,000 tons of rice to Indonesia and buy two Indonesian-made aircraft in return, a government official said.

Residents warned of flooding from expected heavy rainfalls

Residents warned of flooding from expected heavy rainfalls JAKARTA (JP): Meteorology bosses are warning Jakarta residents that expected heavy rainfall between December this year and February next year could trigger massive flooding.

Debate over liquor

Debate over liquor As may have been expected, a new provincial decree to control and restrict the sale of liquor has been passed by the Jakarta City Council and is now awaiting approval from the minister of home affairs before becoming law.

Air Mauritius flies to Jakarta

Air Mauritius flies to Jakarta JAKARTA (JP): Air Mauritius, the flag carrier of the Republic of Mauritius, an island-country in the Indian Ocean, is scheduled to start serving Jakarta on Nov. 2.Nurdin Purnomo, the president of PT Duta Cardindo, the general sales agent for the airline, said...

BNI forms mutual funds

BNI forms mutual funds JAKARTA (JP): PT BNI Securities, a subsidiary of the state- owned Bank Negara Indonesia 1946, said yesterday that it will start operating its two newly-established open-ended mutual funds on Oct. 30.

Sampoerna triggers a 1.97% share price plunge on the JSX

Sampoerna triggers a 1.97% share price plunge on the JSX JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) plunged 1.97 percent yesterday due to strong selling pressures by foreign investors on index movers, particularly on HM Sampoerna, dealers said.

W. Sumatra needs 2,333 teachers

W. Sumatra needs 2,333 teachers PADANG, West Sumatra: Well-known for its teachers colleges, the province badly needs 2,333 junior and senior high school teachers.Azwar Siri, chief of the administrative section of the provincial education and culture ministry, said yesterday that the government is...

Petroleum directory planned

Petroleum directory planned JAKARTA (JP): PT Harira Intisamara plans to issue an integrated petroleum directory called Petropages, the first of its kind on oil information, which can also be accessed on the Internet.

Commercial crimes

Commercial crimesFrom NeracaCrimes rates have risen drastically of late. Thefts, robberies and murders continue to grow strongly as usual, and there is an upward trend in economic or commercial crimes.The government loses up to billions of rupiah from commercial crimes.

Irian Jaya gets 3 more regencies

Irian Jaya gets 3 more regencies JAYAPURA, Irian Jaya: Minister of Home Affairs Moch. Yogie S.M. inaugurated three new regencies and installed the regents yesterday.The three new regencies are Puncak Jaya, Paniai and Mimika with the new regents Ruben Ambrauw, Januarius L. Dow, and Titus O.

Mom says Oki 'was violent'

Mom says Oki 'was violent' JAKARTA (JP): The mother of 32-year-old Harnoko Dewantono, the triple murder suspect better known as Oki, once told the police that her son was violent as a child, a court heard yesterday.

Govt to protect copyrights in forestry sector

Govt to protect copyrights in forestry sector JAKARTA (JP): Minister of Forestry Djamaludin Suryohadikusumo signed an agreement with the Center for International Forestry Research (CIFOR) yesterday endorsing Indonesia's commitment to protecting intellectual property rights on forest-based research...

Ramayana opens in Depok

Ramayana opens in Depok JAKARTA (JP): The publicly-listed PT Ramayana Lestari Sentosa retail chain opened a new store at the Plaza Depok shopping center at Depok town, 25 kilometers south of the capital, yesterday.

South Korean defendant denies workers' testimony

South Korean defendant denies workers' testimony JAKARTA (JP): The defendant in the trial of the Grogol flyover accident denied he told workers to remove bracings supporting a section of the construction."I came to the location at around 8:20 a.m.

ASEAN discusses AIDS problem

ASEAN discusses AIDS problem SINGAPORE (AFP): The Association of Southeast Asian Nations (ASEAN) opened talks here yesterday on battling the rising AIDS problem in the region, which officials said was increasingly linked with the illegal migrant labor problem.

Exporter offers help to Mentawai islanders

Exporter offers help to Mentawai islanders JAKARTA (JP): PT Hiureksa Perkasa, a fish exporter, is trying to persuade other investors to help deliver tens of thousands of Mentawai islanders in West Sumatra from poverty.

Beware of new protectionism by developed states: Alatas

Beware of new protectionism by developed states: Alatas JAKARTA (JP): Indonesian Minister of Foreign Affairs Ali Alatas has reproached a new form of protectionism being exercised by developed states which threatens to adulterate the World Trade Organization (WTO).

Jakartans told to use their right to vote

Jakartans told to use their right to vote JAKARTA (JP): City Police Chief Maj. Gen. Hamami Nata called on all Jakartans yesterday to exercise their right to vote in next year's general election."We hope all residents will be willing to cast their ballots properly in the upcoming election," he told...

TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Fun House 3:05 TV Drama: Ciung Wanara II 3:30 TV Series: Just The Ten of Us 4:05 TV Drama: Masih Ada Jalan 4:30 Documentary Film 4:55 Filler 5:00 Evening News 5:30 Indonesian Lesson 6:00 News: Lintasan Berita 6:05 Travel: Jakarta 6:15...

Alleged illegal drinking water firm closed down

Alleged illegal drinking water firm closed down JAKARTA (JP): The South Jakarta police have closed down a company believed to be illegally producing and selling fake mineral water, and arrested the owner.

Telecom cooperation signed

Telecom cooperation signed JAKARTA (JP): PT Satelite Palapa Indonesia (Satelindo), a private telecommunications firm belonging to the Bimantara Group, yesterday tied up with the association of telecommunications kiosks to reach more customers.

Toyota-Astra sets production record

Toyota-Astra sets production record JAKARTA (JP): PT Toyota-Astra Motor set a record yesterday as the first automotive company in Indonesia to produce one million vehicles."In the ASEAN region we are the second to reach the million production level after Toyota Motor Thailand, which reached it in...

Govt agencies reject land lawsuit

Govt agencies reject land lawsuit JAKARTA (JP): Three government agencies yesterday asked the South Jakarta District Court to dismiss a Rp 1.3 billion ($550,000) lawsuit filed against them by a small scale trader evicted from his land in 1989.

True love or chauvinism?

True love or chauvinism? MATARAM, West Nusa Tenggara (JP): Local government officials in East Lombok have a come up with a new policy designed to keep local women faithful: deny them contraception.Women are not allowed to ask for birth control devices while their husbands are working overseas.

Tourist drowned at Kuta beach

Tourist drowned at Kuta beach DENPASAR, Bali: A Japanese tourist, Miki Morio, 27, drowned at Kuta beach while swimming in a restricted area on Sunday, a press report said yesterday.Chief of the Bali lifeguard agency, I Gde Brata, said that Morio ignored repeated warnings that the area was...

Squatter protests demolition

Squatter protests demolition JAKARTA (JP): A squatter in Pluit, North Jakarta, set fire to the remains of his just-demolished house yesterday to protest his eviction action by local authorities.The unidentified man said yesterday that he was disgusted by the demolition of 65 houses, including his,...

Parents call on Soeharto for help

Parents call on Soeharto for help BANDUNG (JP): The proud parents of Indonesia's first quintuplets, born on Monday, have called on President Soeharto to name their babies."I would be very grateful if President Soeharto is willing to give names for our babies," said father Hastadi Wahyu, a 32-year...

Fishermen worry about losing income, not pollution

Fishermen worry about losing income, not pollutionBy Sirikit Syah SURABAYA (JP): The fishing communities of Kenjeran and Keputih districts here are facing dire health risks from the highest contamination of heavy metals in the world.

Govt prepares legal groundwork for islands trial

Govt prepares legal groundwork for islands trial JAKARTA (JP): Indonesia is busy preparing its lawyers and the legal documents pertaining to the disputed Sipadan and Ligitan Islands for its case against Malaysia at the International Court of Justice.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 8, 1996 Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 1,100 0 0 AHAP Insurance 2,675 0 0 Alumindo Perkasa 725 50 321,500 Andayani Megah 1,025 0 45,500 Aneka Kimia...

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,...

Many shrimps ponds may be closed due to bad loans

Many shrimps ponds may be closed due to bad loans BREBES, Central Java (JP): Hundreds of shrimp ponds located on the northern coast of Brebes regency are likely to be auctioned off by the local State Receivership Agency on Sunday due to bad loans on the part of farmers.

Indorama's bonus shares

Indorama's bonus shares JAKARTA (JP): PT Indorama Synthetics, a publicly-listed polyester producer, said yesterday that it will issue four bonus shares for every five old shares and split its stocks by halving their face value to Rp 500 (21 U.S. cents).

Soeharto warns of destabilizing interest groups

Soeharto warns of destabilizing interest groups JAKARTA (JP): President Soeharto warned the public yesterday of interest groups exploiting socioeconomic disparities to achieve their political ends."The efforts to improve the distribution of development gains have been increasingly successful.

Third GSM provider launches operations

Third GSM provider launches operations JAKARTA (JP): In the shadow of its existing rivals, the last of the three license holders for Global System for Mobile Communications (GSM), PT Excelcomindo Pratama, launched yesterday its cellular telephone service.Excelcomindo's president, Julius S.

City not to revoke discotheque's permit

City not to revoke discotheque's permit JAKARTA (JP): The city administration has decided not to revoke the permit of Hailai discotheque in Ancol, North Jakarta, as closing it down for good would be against the law, an official said on Monday.

U.S. to declare Tigers terrorists: Minister

U.S. to declare Tigers terrorists: Minister COLOMBO (Agencies): The United States plans to declare Sri Lanka's Tamil Tiger guerrillas as terrorists, a move that will lead to freezing the rebels' foreign assets, a senior minister said here yesterday.Justice Minister G. L. Peiris said the U.S.

The question of nepotism

The question of nepotismFrom Media IndonesiaSome political observers are of the opinion that nepotism is stalking the legislative candidacy lineup at the moment (Morning Coverage 6 of SCTV, Sept. 28). In the right sense of the word, nepotism tends to favor, or act in favor of one's own kin where...

Pondok Pinang area flooded

Pondok Pinang area flooded JAKARTA (JP): Torrential rains and water from Bogor caused the Pesanggrahan river to overflow yesterday, inundating hundreds of houses in the Pondok Pinang area of South Jakarta.The water level reached two meters in 17 neighborhoods, affecting more than 600 residents.

Timor Putra partner backs car policy

Timor Putra partner backs car policy JAKARTA (JP): PT Timor Putra Nasional, the only company allowed by the government to develop a national car, stepped up its campaign yesterday against the threat of the world's major car producers to take the country's national car policy to the World Trade...

Bakrie Finance gets loan

Bakrie Finance gets loan JAKARTA (JP): PT Bakrie Finance Corporation, a publicly-listed multi-finance firm affiliated to the Bakrie Group, has secured a US$20 million loan from the London-based Commonwealth Development Corporation.

Jababeka to invest $683m for estates

Jababeka to invest $683m for estates JAKARTA (JP): PT Kawasan Industri Jababeka Tbk, a publicly listed property developer, plans to invest US$683 million to open two new industrial estates in West Java.

'See alcohol rulings from both sides'

'See alcohol rulings from both sides' JAKARTA (JP): Minister of Religious Affairs Tarmizi Taher has asked provincial governments and legislators to be heedful of the aspirations of Moslem communities regarding the decree on alcoholic beverages.

RI may protest to Holland over drug allegations

RI may protest to Holland over drug allegations JAKARTA (JP): Indonesia may send a note of protest to The Hague over allegations by the police in a Dutch newspaper that Indonesian diplomats are involved in trafficking Ecstasy.

Indonesian immigration law too stiff: Bismar Siregar

Indonesian immigration law too stiff: Bismar Siregar JAKARTA (JP): Former justice Bismar Siregar said yesterday the Indonesian immigration law is just "too stiff and inhumane" as far as it concerns children fathered by foreigners.

Culture park lacks audience

Culture park lacks audience SURABAYA: Community interest in local culture is believed to be on the decline here.The head of the East Java Culture Park, Widjijanto, said the continuing decline in visitors to the park was evidence of this descent.

Jakarta defends its drug cheats at National Games

Jakarta defends its drug cheats at National Games JAKARTA (JP): Jakarta's sports governing body yesterday defended its three athletes who failed dope tests at the 14th National Games, arguing that none of them was aware they were taking a banned substance.

Road damage

Road damageFrom NeracaRain water often damages roads, creating puddles that make it difficult for drivers to detect potholes in main streets such as Jl. Jend. Sudirman and Jl. Sultan Agung.I hope the City Administration makes the necessary repairs before the roads get worse.