Indonesian Political, Business & Finance News

Archive: 4 November 1996

39 articles found

New method to calculate inflation called for

New method to calculate inflation called for JAKARTA (JP): The government should change its monthly-based calculation of inflation to a yearly-based method in order to better reflect the state of Indonesia's economy, a University of Indonesia economist has recommended.

Urban living takes toll on family and married life

Urban living takes toll on family and married life JAKARTA (JP): Living in urban areas is exacting a heavy toll on family life -- in the form of deteriorating parent-children relations, and in higher divorce rates, experts say.

Female employee found dead

Female employee found dead JAKARTA (JP): A 23-year-old woman was found dead with severe stab wounds in the neck Saturday in a workshop on Jl. Tanjung Duren Utara, West Jakarta.The body of Suprihartini, a clerk of the shop, was found by a friend, Nova, in the shop's kitchen, Sgt.

Local retailers not ready for global competition

Local retailers not ready for global competition JAKARTA (JP): Indonesian retailers, facing World Trade Organization (WTO) principles on trade liberalization, said Saturday they are not ready to compete with foreign retailers in the near future.

One dead in Jakarta floods

One dead in Jakarta floods JAKARTA: Floods that followed hours of heavy rains in Jakarta yesterday have claimed one life, while another person is missing, presumed drowned.A 37-year-old man, identified as Slamet, died while trying to save his 16-year-old nephew who was washed away in the flooded...

Remake of Pak Kasur film premiered

Remake of Pak Kasur film premiered JAKARTA (JP): Amrin Membolos (Amrin Plays Hooky), a remake of Pak Kasur's 1961 children's film of the same title, premiered at the Teater Djakarta on Saturday.The premiere was attended by hundreds of children, for whom the name of Pak Kasur and perhaps even the...

Houses to face the water

Houses to face the water BANDAR LAMPUNG, Lampung: Soon city residents living near rivers or the sea will have to build their houses facing the water, Antara quoted an official as saying here Saturday.Vice Governor Suwardi Ramli said the provincial administration, especially the municipality, had...

PAL resumes flights after strike

PAL resumes flights after strike MANILA (DPA): Philippine Airlines (PAL) resumed regular flights on domestic and international routes yesterday, the day after striking ground workers agreed to end their three-day walkout.

Many students can't read the Koran

Many students can't read the Koran BENGKULU, Bengkulu: At least seven out of 10 Moslem elementary school students here don't know how to read the Koran, an official lamented.Head of the municipal office of the Ministry of Education and Culture Amri Tafsili was quoted by Antara as saying yesterday...

Immigration office smooth and kind

Immigration office smooth and kind Foreign workers and researchers are well aware that the process to obtain a temporary stay visa is long and complicated. Readers of this section of The Jakarta Post also know that the immigration office in South Jakarta has been criticized for exacerbating the...

Election of KNPI chairman postponed

Election of KNPI chairman postponed JAKARTA (JP): The congress of the Indonesian National Youth Committee (KNPI), scheduled to end today, encountered glitches yesterday which meant the chairmanship election had to be delayed.

Bob's empire continues to branch out

Bob's empire continues to branch out JAKARTA (JP): Mohamad (Bob) Hasan has become one of the most talked about businessman in the capital market following his surprising takeover move against Astra International in the last few weeks.But only a few people know how rich he really is.

Agency's rule aims to promote good developers: Akbar

Agency's rule aims to promote good developers: Akbar JAKARTA (JP): State Minister of Public Housing Akbar Tandjung said he understands worries that a recent instruction on halting the issuance of new permits issued by the National Land Agency may hurt a number of developers.

Mt. Merapi calm, but residents remain on alert

Mt. Merapi calm, but residents remain on alert MAGELANG, Central Java (JP): Residents living near Mt. Merapi have been told to remain alert despite a decline in the volcano's activity over the past two days.

JSX may remain quiet on BNI's share offering

JSX may remain quiet on BNI's share offering JAKARTA (JP): Analysts have predicted trading activities on the Jakarta Stock Exchange (JSX) will continue to be quiet this week as most investors concentrate on the initial public offering of state-owned Bank Negara Indonesia (BNI) 1946.

Beware of the trap

Beware of the trapFrom NeracaI wish to discuss the problem regarding the traffic police at the Hotel Indonesia traffic circle.Many motorists ignore the fact that when coming from the south (Jl. Sudirman) between 10:00 a.m. and 7:00 p.m.

Sarwono's lead

Sarwono's lead When State Minister of Environment Sarwono Kusumaatmadja declared the other day that Indonesia will phase out leaded gasoline by 1999, his statement, in spite of President Soeharto's backing, appears to have fallen on deaf ears.

Union urges bank boycott

Union urges bank boycott JAKARTA (JP): The Federation of All Indonesian Workers Union is calling for social sanctions against the HongkongBank management in Jakarta for refusing to reinstate more than 160 workers.

Fidel Ramos defends APEC security preparations in RP

Fidel Ramos defends APEC security preparations in RP SUBIC, Philippines (AFP): President Fidel Ramos yesterday defended security measures for the summit of the Asia Pacific Economic Cooperation (APEC) forum, saying the country had "the right to take actions if peace is at stake.

W. Jakarta has new stylish mall

W. Jakarta has new stylish mall JAKARTA (JP): A Victorian-style mall is scheduled to open in West Jakarta in January.The Puri Indah Mall, developed by the Pondok Indah Group and PT Antilope Madju, is located in a new business area on the crossroad near the Jakarta-Merak tollway.

Driver questioned over minors' death

Driver questioned over minors' death JAKARTA (JP): A bulldozer driver is being interrogated by the West Jakarta police over the death of two boys in a housing project site, a police source said Saturday.

Habibie says only God knows about his future promotion

Habibie says only God knows about his future promotion JAKARTA (JP): State Minister of Research and Technology J.B. Habibie said only God knows whether he will become vice president.Habibie gave this diplomatic reply yesterday to a question by a local ulema in Probolinggo, Central Java, on the...

Soeharto, Gus Dur's meeting hailed

Soeharto, Gus Dur's meeting hailed PROBOLINGGO (JP): Political observers have welcomed the warmth of the first encounter between President Soeharto and Abdurrahman Wahid since the latter was re-elected chairman of Nahdlatul Ulama (NU) Moslem organization in 1994.

RP-Malaysia pact to curb immigrants

RP-Malaysia pact to curb immigrants KUALA LUMPUR (AFP): Malaysia's eastern Sabah state welcomed yesterday a peace treaty between the Philippine government and Moslem separatists, saying it will help lower the state's 500,000-strong immigrant population, an official said.

Supreme Court's toughest case is improving its image

Supreme Court's toughest case is improving its imageBy Sugianto Tandra JAKARTA (JP): Legal experts and practitioners expressed confidence in the capability of newly-appointed Chief Justice Sarwata, but warned that improving the dismal image of the supreme court might be his most difficult task yet.

Inmates may get 'biological' leave

Inmates may get 'biological' leave MEDAN, North Sumatra: The local office of the Ministry of Justice is considering giving some well-behaved long-term prisoners leave to meet their families, Antara quoted an official here Saturday.Head of the provincial office of the Ministry of Justice Semiyono S.

Private power generators get $512 million loans

Private power generators get $512 million loans BALI (JP): A consortium of 38 national banks will provide Rp 1.2 trillion (US$512 million) in 30-year loans to two private power generating companies in North Sumatra and North Sulawesi which are controlled by businessman Ibrahim Risjad.

S'pore to work with DEA

S'pore to work with DEA SINGAPORE (DPA): Singapore's Central Narcotics Bureau (CNB) plans to continue to work closely with the United States Drug Enforcement Administration, a home ministry statement said yesterday.The ministry made the announcement in response to recent comments by the U.S.

The essence of moral conduct

The essence of moral conductBy Mochtar Buchori JAKARTA (JP): Three disturbing events took place in Indonesia within a relatively short time span: the rioting of July 27; the riot at Senayan stadium started by supporters of Surabaya's Mitra soccer team and during their Surabaya-Jakarta-Surabaya...

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...

Harlem Globetrotters' antics delight fans

Harlem Globetrotters' antics delight fans JAKARTA (JP): Basketball refers to far more than just the big National Basketball Association (NBA) stars, like the Chicago Bulls' Michael Jordan, Los Angeles Lakers' Shaquille O'Neal or Houston Rockets' Hakeem Olajuwon.

Fire hits Menteng, 200 left homeless

Fire hits Menteng, 200 left homeless JAKARTA (JP), Fire razed 40 houses in Menteng Atas, South Jakarta, on Saturday, resulting in more than 200 people losing their accommodation (see photo). No casualties were reported.

'Universities must offer more technological science'

'Universities must offer more technological science' BEKASI, West Java (JP): Minister of Education and Culture Wardiman Djojonegoro said Indonesian universities offer too much social studies and not enough programs on technology and natural sciences.During the induction ceremony of Prof. M.

Air carriers association oppose open-sky policy

Air carriers association oppose open-sky policy JAKARTA (JP): The Indonesian Air Carriers Association (Inaca) criticized the government's plans to introduce an open-sky policy, saying that such a ruling is unlikely to attract foreign tourists.Inaca Secretary-General G.B.

S'pore press giant to expand to multimedia, property sectors

S'pore press giant to expand to multimedia, property sectors SINGAPORE (AFP): Singapore Press Holdings Ltd. (SPH) announced slightly lower profits in the year to August and said it would step up investments in multimedia fields and property, including a possible bid with partners for a basic...

APEC ministers to meet

APEC ministers to meet TOKYO (AFP): Asia-Pacific science and technology ministers are to meet in Seoul later this month, shortly before their 18 economies convene in the Philippines for an annual summit, Japanese officials said.The meeting, scheduled for Nov.

RI tourism seen region's most robust

RI tourism seen region's most robust JAKARTA (JP): The Pacific Asia Travel Association (PATA) foresees that Indonesia will become the most robust tourist destination in the region, with an average annual growth of 12.6 percent until the year 2000.

Presidential candidate criteria

Presidential candidate criteriaFrom MerdekaI would like to discuss the criteria for a presidential candidate. According to the media there are nine requirements:1. Must be a patriot who is faithful and devoted to God;2. Must have insight into nationhood and the ability to unite the nation;3.

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,...