Indonesian Political, Business & Finance News

Archive: 20 November 1996

55 articles found

RI unfazed by U.S. rubber stock release

RI unfazed by U.S. rubber stock release JAKARTA (JP): The Indonesian Rubber Producers Association is not worried about the United States' plan to release up to 125 tons of its rubber stocks every year.The association's executive director A.F.S.

Minister warns of NGOs used for foreign interests

Minister warns of NGOs used for foreign interests JAKARTA (JP): State Minister of Development Planning Ginandjar Kartasasmita warned yesterday of non-governmental organizations (NGOs) working for foreign political interests under the guise of social work.

Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Dai-ichi, Jl. Senen Raya 135, Central Jakarta. - Morgan's 1072 Classic Disco, Asian Force Band, Tuesday and Thursday, 9 p.m. to 12:30 a.m., Saturday: 9:30 p.m. to 1 a.m.; Acid Speed Band, Friday, 9 p.m. to 12:30 a.m.; Platinum Band, Wednesday, 9 p.m. to 12:30 a.

Paper producer's loss set to turn around

Paper producer's loss set to turn around SINGAPORE (AFP): Pulp and paper producer Asia Pacific Resources International Holdings Ltd. (APRIL) yesterday forecast improving market conditions after reporting a third-quarter loss.

Experts lament court's ruling on labor leader

Experts lament court's ruling on labor leader JAKARTA (JP): Legal experts have criticized the Supreme Court's decision to put labor leader Muchtar Pakpahan back in prison more than a year after he was freed.

Surabaya to have fantasy world

Surabaya to have fantasy world JAKARTA (JP): CitraRaya Surabaya, a Ciputra group subsidiary, will develop a shopping center and recreational park costing US$100 million in Surabaya, East Java, the company announced yesterday.

Advice for visiting House members

Advice for visiting House membersFrom RepublikaI agree with the members of the House of Representatives who recently canceled their visit to Purworejo, Central Java because the accommodation provided did not meet their requirements (Republika, Oct. 28).

Zarina tells of her escape through S'pore

Zarina tells of her escape through S'pore JAKARTA (JP): Ecstasy-case suspect Zarina has talked about her escape, claiming that after eluding Jakarta police on Aug. 8 she went to Singapore through Batu Ampar Port under a pseudonym, an immigration official said yesterday.

Regent faces probe over murder case

Regent faces probe over murder case JAKARTA (JP): The home affairs ministry promised yesterday to look into reports that the Bantul regent was involved in the August murder of Yogyakarta journalist Fuad Muhammad Syafrudin.

Acknowledge poor labor conditions: Scholar

Acknowledge poor labor conditions: Scholar JAKARTA (JP): A respected demographer urged the government yesterday to acknowledge Indonesia's less favorable labor conditions as the first step to improving them.

High costs hurt small enterprises: U.S. senator

High costs hurt small enterprises: U.S. senator JAKARTA (JP): United States Senator Christopher Bond suggested yesterday the Indonesian government eliminate the country's high business costs to stimulate the growth of small enterprises.

Isuzu builds auto assembly plant on 180-hectare site in Thailand

Isuzu builds auto assembly plant on 180-hectare site in Thailand BANGKOK (AFP): Japanese automaker Isuzu has begun building a new commercial vehicle assembly plant in Thailand's Chachoengsao province worth at least two billion baht (US$80 million), an official said yesterday.

Disappointed by Ratelindo

Disappointed by Ratelindo Having been a customer of Ratelindo since Feb. 1996, I am now disappointed with the company's services, which are completely unprofessional.Because I moved from Jl. Danau Toba to Graha Bintaro on Oct. 13, 1996, I submitted an application for line transfer to Ratelindo.

Ramos urged to raise waste issue

Ramos urged to raise waste issue CLARK FIELD, Philippines (AFP): Local Philippine officials yesterday urged President Fidel Ramos to ask U.S. President Bill Clinton for U.S. help in cleaning up toxic waste in its former military bases here.The council of Angeles city, which covers this former U.S.

Jail sentences demanded for PDI demonstrators

Jail sentences demanded for PDI demonstrators JAKARTA (JP): A state prosecutor requested the Court yesterday to jail five supporters of Megawati Soekarnoputri, the ousted Chairwoman of the Indonesian Democratic Party, for crashing into a police barricade during an anti-government demonstration in...

APEC leaders' shirts once a symbol of inferiority

APEC leaders' shirts once a symbol of inferiorityBy Angie Ramos MANILA (Reuter): When the leaders of 18 Asia-Pacific economies meet for their annual summit next Monday, they will be donning traditional Filipino shirts that were once a symbol of inferior status.

Briton shot dead outside a condo

Briton shot dead outside a condo MANILA (AFP): A British national was shot dead in an ambush outside a plush condominium in a suburb of the Philippine capital, police said here yesterday.Abdula Hamid Alsaji, 62, had just stepped out of the condominium where he was residing in the city of Pasig,...

Sex workers display photos

Sex workers display photos JAKARTA (JP): A display of photographs taken by sex workers will be held tomorrow to Dec 5 at the Galeri Foto Jurnalistik Antara in Central Jakarta.The display, organized by the Kusuma Buana Foundation which focuses on health, is an extension of a similar event held last...

Soeharto firm on share holdings

Soeharto firm on share holdings JAKARTA (JP): President Soeharto reaffirmed his stance yesterday against publicly-listed companies being controlled by an individual investor or a few business groups.Minister of Cooperatives Subiakto Tjakrawerdaya quoted Soeharto as saying that private companies had...

RI can meet APEC goals on free trade: Minister

RI can meet APEC goals on free trade: Minister JAKARTA (JP): Indonesia will have no problem meeting the trade liberalization goals of the Asia Pacific Economic Cooperation (APEC) forum, a senior minister said yesterday.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 19, 1996: Shares Close Change Trading Volume ----------------------------------------------------- Ades Alfindo 1,100 50 26,500 AHAP Insurance 2,675 0 0 Alumindo Perkasa 825 0 6,500 Andayani Megah 1,025 0 73,500 Aneka...

Value of thought lies in action

Value of thought lies in actionBy Sumitro Djojohadikusumo The following article is based on a presentation given in a seminar at the French Cultural Center on Nov. 12, 1996 on the occasion of the 20th anniversary of the death of Andre Malraux, a great French novelist.

'Mainstreaming' Indonesia's education system worth a try

'Mainstreaming' Indonesia's education system worth a tryBy Lucia Esti Elihami YOGYAKARTA (JP): Our country's disabled do not yet enjoy the same rights as other citizens who regard themselves as "normal".

Bappenas denies plan to move administration

Bappenas denies plan to move administration JAKARTA (JP): Chairman of the National Development Planning Board (Bappenas) Ginandjar Kartasasmita denied yesterday there were plans to relocate the center of administration to Jonggol, Bogor, West Java.

Dayak dialect faces extinction

Dayak dialect faces extinction PALANGKA RAYA, Central Kalimantan: The Dayak dialect, the mother tongue of the province's natives, is facing extinction because youths are ashamed to use it, a scholar said yesterday.T.H.

Legislators

LegislatorsFrom KompasReporters are often blamed by members of the House of Representatives for not giving full support to the function of the House. Citing an example, one legislator, Mrs. Marwah Daud, said reporters came to a House hearing only when the government made a statement (Kompas, Nov.

Situbondo rioters to stand trial

Situbondo rioters to stand trial SITUBONDO, East Java: Police have submitted to the prosecutors' office the results of their questioning of 54 people suspected of rioting on Oct. 10."We expect the trials will begin soon," East Java police command chief Maj. Gen.

RI boxers eying 6 SEA Games golds

RI boxers eying 6 SEA Games golds JAKARTA (JP): Indonesia has launched a strong bid to restore its pride in the SEA Games boxing competitions by setting a target of winning six gold medals at the 19th holding of the biennial event here next year.

Legislator say youth leaders lack idealism

Legislator say youth leaders lack idealism JAKARTA (JP): Many of today's youth leaders lack the idealism and independence normally expected of them. Their only concern is working their way to the top and into positions of power, legislator Matori Abdul Djalil says.

10th National Art Exhibition starts

10th National Art Exhibition starts JAKARTA (JP): The 10th National Art Exhibition, called Bienale X, starts today at the Taman Ismail Marzuki Art Center, Central Jakarta, and will run until Dec. 15.Bienale X's theme is modern Indonesian painting Seni Lukis Indonesia Masa Kini.

Spotlight

SpotlightSpotlight A: IndianJP/afsNEHRU'S CELEBRATION: Minister of Education and Culture, Wardiman Djojonegoro (left) and Indian Ambassador to Indonesia S.T. Devare (right), attended the 107th anniversary celebrating the birthday of Jawaharlal Nehru, India's first prime minister, at the Indian...

Land policy needs to be reviewed for public interest

Land policy needs to be reviewed for public interest JAKARTA (JP): Land policy must benefit the public interest rather than only facilitate economic growth like the case is now, experts said Monday.To ensure this, land policy must be in line with the 1992 law on spatial plans, an urban planner and...

Batan boss replaced for unclear reasons

Batan boss replaced for unclear reasons JAKARTA (JP): The government yesterday installed Iyos S. Subki as director general of the National Atomic Power Agency (Batan) replacing long-serving Djali Ahimsa, Antara reported. The news agency did not state the reasons for the change.

Philippine peace talks threatened: NDF

Philippine peace talks threatened: NDF MANILA (AFP): A front organization for communist insurgents warned the Philippine government yesterday that moves to control protests against the forthcoming Asia-Pacific Economic Cooperation (APEC) summit were jeopardizing peace talks.

Europe sidelined by newly rich Asia

Europe sidelined by newly rich AsiaBy Pierre-Antoine Donnet MANILA (AFP): Europe is in danger of being left out in the cold as the main club of Asia-Pacific nations gets richer by the day and moves towards creating the world's most dynamic free trade zone.

Capital flows to S. Korea

Capital flows to S. Korea SEOUL (AFP): Foreign Direct Investment (FDI) in South Korea rose by 32. 5 percent from a year ago to US$2.05 billion in the first ten months of this year, backed by the nation's drive for economic opening, officials said yesterday.

Local businesses oppose fee hike at Priok port

Local businesses oppose fee hike at Priok port JAKARTA (JP): Six business associations urged the government yesterday to cancel Minister of Transportation Haryanto Dhanutirto's new rule which raises container handling fees by 26 percent at the city's Tanjung Priok port.

Office occupancy rate seen to drop next year

Office occupancy rate seen to drop next year JAKARTA (JP): Office occupancy rates will fall four percentage points to 86 percent of total office space available by the end of next year because of new supply, a property analyst predicted yesterday.

RI ex-booters to visit Sydney

RI ex-booters to visit Sydney JAKARTA (JP): The Sydney 2000 Olympic Games organizers have invited two Indonesian soccer veterans to take a close look at the ongoing preparations for the globe's biggest sporting event.

Tenaga to build turbines

Tenaga to build turbines KUALA LUMPUR (AFP): Malaysia's national power firm Tenaga Nasional Bhd will invest 1.77 billion ringgit (US$708 million) to build two 500 megawatt steam turbines, a report said yesterday.

PAP unveils new vision

PAP unveils new vision SINGAPORE (DPA): The ruling People's Action Party (PAP) yesterday released its manifesto for the coming parliamentary general elections to the public, underscoring the importance of the party staying in power to usher Singapore safely into the next century.

Belo denied making remarks insulting ABRI, says Feisal

Belo denied making remarks insulting ABRI, says Feisal JAKARTA (JP): Armed Forces (ABRI) Chief Gen. Feisal Tanjung said yesterday that East Timor Bishop Carlos Felipe Ximenes Belo has denied making the derogatory remarks about the military printed in a German magazine recently.

Hooligans

HooligansFrom Pos KotaHooligans are now resuming their activities in Duri Kosambi, adjacent to Jl. Daan Mogot, under the pedestrian bridge in the evening. Most of the victims are women.Without hesitation, they will snatch a female pedestrian's handbag while she is descending the bridge or is about...

Susi and Mia doubtful for Grand Prix Finals in Bali

Susi and Mia doubtful for Grand Prix Finals in Bali JAKARTA (JP): With only two weeks left before the World Grand Prix Badminton Finals in Denpasar, Bali, Indonesia's two best women's singles players Susi Susanti and Mia Audina are racing against time to recover from injury.

City council questions parking firm on compliance

City council questions parking firm on compliance JAKARTA (JP): The city council is checking a company operating city parking places to see whether the company complies with government parking revenue regulations, a councilor said.

Rafting c'ship to move to C. Java

Rafting c'ship to move to C. Java JAKARTA (JP): The Indonesian Whitewater Rafting Federation plans to stage a national championship in March on the Serayu river, Central Java's longest.Amalia Yunita, the federation's chairwoman, told The Jakarta Post yesterday that the organizers will limit the...

Surabaya bourse and Nasdaq sign MOU

Surabaya bourse and Nasdaq sign MOU JAKARTA (JP): Nasdaq International Market Initiative (NIMI) of the United States agreed here yesterday to help the Surabaya Stock Exchange improve its trading.Under a memorandum of understanding signed by Nasdaq senior associate Michael J.

Govt loses Rp 2.76b in property barters

Govt loses Rp 2.76b in property barters JAKARTA (JP): The government lost Rp 2.76 billion (US$1.17 million) in property barter deals with the private sector between October 1995 and March 1996, according to a Supreme Audit Agency (Bepeka) report released yesterday.

Cipta Jaya wins land in high court

Cipta Jaya wins land in high court JAKARTA: The High State Administrative Court in Medan, North Sumatra, has overruled an earlier ruling by a lower court and declared PT Cipta Jaya Raya the rightful owner of the Right of Land Exploitation No.2/1994 for 1,300 hectares of land in Labuhan Batu.

Rubber tappers report human rights violations

Rubber tappers report human rights violations JAKARTA (JP): A group of rubber tappers from South Sumatra sought the help of the National Commission on Human Rights yesterday for the release of 17 colleagues who were detained by police following a clash with a private plantation company.

Tango Bar chocolate

Tango Bar chocolate I refer to my letter Worm-infested chocolate (Nov. 15).I wish to inform readers that the case has been amicably settled by Golden Truly and supplier PT Arta Boga Cemerlang Jakarta as a distributor of Tango Bar chocolate products.

Indonesia urged to resolve auto dispute

Indonesia urged to resolve auto dispute HONG KONG (AFP): European Commission Vice-President Leon Brittan yesterday urged Indonesia to bring its national automotive policy into line with World Trade Organization (WTO) rules.

Two people arrested for attack on Journalist

Two people arrested for attack on Journalist DILI, East Timor (JP): Police have arrested two of the eight people suspected of beating up a journalist from Jakarta-based Tiras weekly and Dili Suara Timor Timur on Sunday night.Chief of Dili police precinct Lt. Col.

Jakarta shows a touch of class in Malaysia

Jakarta shows a touch of class in Malaysia KUALA LUMPUR (JP): Coaching manuals rarely recommend arguing with match officials, let alone pushing them around, but it was a controversial collision between a Jakarta Touch Rugby Club player and the referee that gave the Indonesian side its first...

Denmark eyes Indonesian furniture

Denmark eyes Indonesian furniture JAKARTA (JP): Danish Ambassador Michael Sternberg said yesterday Indonesian furniture had good prospects in his country due to the steadily rising demand of Danish consumers.