Indonesian Political, Business & Finance News

Archive: 27 November 1996

43 articles found

Government says it understands Belo's remarks

Government says it understands Belo's remarks JAKARTA (JP): The government "can understand" Bishop Carlos Filipe Ximenes Belo's critical remarks about the Armed Forces but advises him to be careful in making statements next time.

Other Senen blocks used to house fire victims

Other Senen blocks used to house fire victims JAKARTA (JP): Several locations within other blocks of the Senen shopping center area have been designed for makeshift kiosks for traders whose shops were burned in last weekend's fire, Central Jakarta Mayor Abdul Kahfi said yesterday.

Bogor launches regreening program

Bogor launches regreening program BOGOR, West Java (JP): Hundreds of high school students and civil servants planted 250 trees in 17 schoolyards yesterday to launch the city's regreening campaign.Bogor Mayor Eddy Gunardi initiated yesterday's campaign by planting trees at the SMUN VII compound with...

TV news encourage drug abuse: PWI

TV news encourage drug abuse: PWI JAKARTA (JP): The media, especially television stations, tended to exploit sex, crime and violence in their news reports to the point of encouraging people to commit crimes, an Indonesian Journalists Association (PWI) executive said yesterday.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 26, 1996: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 1,050 0 1,000 AHAP Insurance 2,675 0 0 Alumindo Perkasa 775 -25 4,000 Andayani Megah 1,000 -25 63,000 Aneka...

S'pore Telecom unveils sweeping tariff cuts

S'pore Telecom unveils sweeping tariff cuts SINGAPORE (AFP): Singapore Telecommunications Ltd. yesterday announced sweeping tariff cuts in international direct-dial (IDD) calls to sharpen the city-state's edge as a regional business hub.

Govt's foreign debts fall to $57.22 billion

Govt's foreign debts fall to $57.22 billion JAKARTA (JP): Minister of Finance Mar'ie Muhammad revealed yesterday the government's foreign debt had fallen to US$57.22 billion at the end of September from $59.59 billion at the end of last year.

Pindo Deli to issue Rp 200 billion bonds

Pindo Deli to issue Rp 200 billion bonds JAKARTA (JP): PT Pindo Deli Pulp & Paper Mills, a subsidiary of the Sinar Mas Group, announced yesterday it would issue bonds worth Rp 200 billion (US$84.75 million) in January.

UN warns Vietnam over economic reforms

UN warns Vietnam over economic reforms HANOI (DPA): The United Nations warned Vietnam yesterday that unless it intensified its on-going reform process economic growth will slow down, unraveling the government's goal of catching up with other countries in the economically robust region.

Spotlight

SpotlightPhoto A: AppointmentGRINEW CHAIRMAN: Sunyoto Tanudjaya (left), president of Great River International, was recently appointed president of the International Apparel Federation in London for l996-l997. He replaces Hasan Arat (right).

REI members build 289,000 cheap houses

REI members build 289,000 cheap houses JAKARTA (JP): The Indonesian Developers Association (REI) said yesterday its members had built 289,000 low-cost houses in the past three years, exceeding the government's target of 200,000 houses for the current five-year development plan.

RI to rain young boxers for 2000 Olympic Games

RI to rain young boxers for 2000 Olympic Games JAKARTA (JP): The Indonesian Amateur Boxing Association is looking ahead to the 2000 Olympic Games in Sydney by drawing up a long-term national training program for school students.

The face of justice

The face of justice Chief Justice Sarwata could not have started his term in the Supreme Court at a worse moment. He assumed his job this month when the integrity and independence of the Supreme Court have been questioned.

ICMI to hold halal food training

ICMI to hold halal food training JAKARTA: A local branch of the Association of Indonesian Moslem Intellectuals (ICMI) will hold halal food preparation training for chefs and restaurant managers next week, the organizer said yesterday.

Camco-Omya gets loan

Camco-Omya gets loan JAKARTA (JP): Calcium carbonate producer PT Camco-Omya signed a US$20 million syndicated loan agreement yesterday in Singapore to finance its expansion program.The loan arranger and underwriter Deutsche Morgan Grenfell (Singapore) Ltd said the loan facility would be used to...

Decree 'saves' public from liquor

Decree 'saves' public from liquor PADANG, West Sumatra: Governor Hasan Basri Durin assured local Moslems that his decree on liquor is aimed at "saving" them from the danger of alcohol.The decree regulates the production, distribution and consumption of liquor.

Govt told to get behind geothermal energy plants

Govt told to get behind geothermal energy plants JAKARTA (JP): Indonesia's geothermal energy industry needs a boost from government incentives in order to help the nation meet its energy goals, an industry leader said.

Mochtar says court ruling on unionist illegal

Mochtar says court ruling on unionist illegal JAKARTA (JP): Mochtar Kusumaatmadja, a former cabinet minister and respected legal expert, deeply regrets the Supreme Court's recent decision to send a labor activist back to prison after it exonerated him last year.

Drivers lack safety awareness

Drivers lack safety awareness JAKARTA (JP): Lack of safety awareness is the main cause of road accidents, a study has found.Speeding caused most accidents on toll roads, particularly the Jakarta-Cikampek turnpike, Ministry of Public Works researchers said yesterday.

TV today

TV todayTVRI 2:35 p.m. TV Series: Fun House 3:05 Travel: Tanah Airku 3:30 TV Series: Just the Ten of Us 4:05 TV Drama: Diantara Kita 4:30 Documentary Film: 4:55 Filler 5:00 Evening News 5:25 Travel: My Country 5:30 Indonesian Lesson 6:05 Nusantara My Beloved Country 6:15 Village Program 6:45 TV...

Government outlines rules for satellite telecom firms

Government outlines rules for satellite telecom firms JAKARTA (JP): Satellite-based telecoms service operators planning to enter the Indonesian market must work with state- owned telecommunications operators under a joint-operation, joint-venture or management agreement, says a senior official.

Huge boxing arena built in Bekasi for Jakarta athletes

Huge boxing arena built in Bekasi for Jakarta athletes BEKASI, West Java (JP): A new indoor boxing arena has been built in Bekasi, West Java, and is set to become the center of boxing excellence in greater Jakarta.

Jail officials may face lawsuit for teenage inmate's death

Jail officials may face lawsuit for teenage inmate's death JAKARTA (JP): The lawyer of a teenage inmate who died in hospital on Monday will sue Pondok Bambu penitentiary if there are indications the prison's poor facilities led to his death.

Telkom explains

Telkom explains First, we would like to thank Sri Nawangsih of Poris Indah Blok E, Jl. Cendana II No. 105 in Tangerang for her information published on Nov. 10, 1996.After a checkup, we located the problem in the multiplexer connection of your telephone, some five kilometers from the Cipondoh...

Arebi to go Internet

Arebi to go Internet JAKARTA (JP): The Association of Indonesian Real Estate Brokers (Arebi) plans to launch a property marketing media using Internet technology, called multi-listing service Arebi-net (MLS Arebi-net).Arebi chairwoman Cynthia G.

Indonesia predicts flood of foreign doctors

Indonesia predicts flood of foreign doctors JAKARTA (JP): When Indonesia enters the ASEAN Free Trade Area in five years, foreign doctors will stream into Indonesia, bringing with them their materialistic way of life.

Robbers run away with Rp 247 million

Robbers run away with Rp 247 million BANDUNG (JP): Two robbers escaped with Rp 247 million (US$105,000) in a daring daylight robbery here yesterday.The victims were three Bank of Tokyo employees who had just withdrawn cash from Bank Indonesia, a few kilometers from the crime scene.

Jakarta awaits report on EU aid to East Timor

Jakarta awaits report on EU aid to East Timor JAKARTA (JP): Indonesia welcomes and awaits further reports on the European Union plan to send development aid directly to East Timor, Antara quoted an official saying yesterday.

Koreans dominate field for Omega Tour event

Koreans dominate field for Omega Tour event JAKARTA (JP): Twenty South Koreans dominate the field of 138 leading golfers from 20 countries due to tee off today in the Tugu Pratama PGA Championship at the par-72 Bumi Serpong Damai course.

Japan overshadowed by China, U.S. at APEC

Japan overshadowed by China, U.S. at APECBy Eugene Moosa MANILA (Reuter): Japan took a backseat to China and the United States at an annual Asia-Pacific summit and gave itself only a passing grade for its own performance.

U.S. charged with leaving toxic waste

U.S. charged with leaving toxic waste MANILA (AFP): About 40 activists staged a protest in front of the U.S. embassy yesterday to demand that the United States clean up toxic waste allegedly left at former U.S. bases in the Philippines.

House questions big fuel subsidies in budget review

House questions big fuel subsidies in budget review JAKARTA (JP): High international oil prices forced the government to spend Rp 358.54 billion (US$151.5 million) subsidizing domestic fuel in the first six months of the 1996/1997 fiscal year.

Region needs $674b for power utilities: UN expert

Region needs $674b for power utilities: UN expert SINGAPORE (AFP): Asia-Pacific developing economies require massive investments of up to US$674 billion in power utilities to meet soaring demand for electricity, a UN energy expert said here yesterday.

Govt avows Soerjadi as PDI chief

Govt avows Soerjadi as PDI chief JAKARTA (JP): The government reaffirmed yesterday its recognition of controversial Soerjadi as the legitimate chairman of the Indonesian Democratic Party (PDI).Minister of Home Affairs Moch. Yogie S.M.

Expert testifies on overpass fall

Expert testifies on overpass fall JAKARTA (JP): A Ministry of Public Works expert witness told the West Jakarta District Court yesterday the fatal collapse of a West Jakarta overpass was caused by the premature removal of the bridge's bracings.

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.

Ex-political prisoner to continue study

Ex-political prisoner to continue studyBy Gedsiri Suhartono JAKARTA (JP): One of the most annoying experiences Danang Kukuh Wardoyo had during his 20-month term as one of Indonesia's youngest political prisoners was having to do English homework."It really got annoying at times.

Indonesia suffers $200m BoP deficit in fiscal first half

Indonesia suffers $200m BoP deficit in fiscal first half JAKARTA (JP): Indonesia suffered a deficit of more than US$200 million in its balance of payments (BoP) in the first six months of the 1996/1997 fiscal year, beginning April.

Preserving values in changing Asia

Preserving values in changing AsiaBy Arief Budiman SALATGIA, Central Java (JP): Last month, I attended a human rights workshop in Seoul organized by the New York-based Carnegie Council on Ethics and International Affairs.

A broader Asian agenda

A broader Asian agenda During the Cold War, Washington saw its role in Asia as clearly defined -- containing the spread of Soviet-backed Communism. The region today defies easy classification. While East Asia is the world's fastest-growing region economically, it is also an arena where four of the...

Free trade pledge ignites fears in Asia-Pacific

Free trade pledge ignites fears in Asia-PacificBy Nathaniel Harrison MANILA (AFP): Asia-Pacific leaders pledged Monday to move from talk to action on free trade but their initiative has sparked fears in the region that vulnerable communities and economies will pay a heavy price.

Criminal code

Criminal codeFrom Media IndonesiaWe are witnessing an increasing number of robberies of bank clients, murders of taxi drivers and eviction of powerless people from their homes, not to mention the torture of suspects during investigations.

L.A. officer gives grisly evidence in Oki case

L.A. officer gives grisly evidence in Oki case JAKARTA (JP): A United States' police detective testifying in the trial of an Indonesian charged over a Los Angeles triple murder said yesterday he believed the suspect was guilty.