Indonesian Political, Business & Finance News

Archive: 5 November 1996

45 articles found

Change of dates for phone bills payment

Change of dates for phone bills payment JAKARTA (JP): PT Telkom, the state-owned telecommunications company, announced yesterday that the dates for payment of this month's telephone bills, which usually runs from Nov. 5-20, have been rescheduled to Nov. 7-23.

Timber estate developed

Timber estate developed JAKARTA (JP): State-owned PT Inhutani III and its joint venture partners, Indonesia's PT Gudang Garam and Enso-Gutzeit of Finland, will cultivate another 5,000 hectares of trees in West Kalimantan next year, an executive said yesterday.

Police grab 3.5 kg of marijuana

Police grab 3.5 kg of marijuana BEKASI, West Java (JP): Police have arrested two men for allegedly attempting to traffic marijuana after they seized three and half kilograms of the contraband in a raid on one of the suspects' houses.The Bekasi police precinct chief, Lt. Col.

Indonesia still ADB's largest borrower

Indonesia still ADB's largest borrower JAKARTA (JP): Indonesia remains the largest borrower of the Asian Development Bank (ADB), with cumulative loans of US$13 billion, the Manila-based bank's representative in Indonesia, T.C. Patterson said yesterday.

Asian stock markets rally in cautious trade

Asian stock markets rally in cautious trade HONG KONG (AFP): Hong Kong share prices rose 0.2 percent yesterday to a record high close, in line with most other Asian bourses which rallied despite caution on the eve of U.S. elections, brokers said.

Critics blast Manila's APEC preparation

Critics blast Manila's APEC preparation MANILA (Reuter): President Fidel Ramos has described the APEC summit as a chance for the Philippines to put on its best face, but critics said yesterday summit preparations have evoked the ugliest years of Marcos-era authoritarianism.

Meeting calls for arms embargo on Myanmar

Meeting calls for arms embargo on Myanmar MANILA (Agencies): Leading Asian democrats urged China and southeast Asian nations yesterday to impose an arms embargo against Myanmar and asked the international business community not to invest there until a new government was in place.

Interest rate debate

Interest rate debate State Minister of Research and Technology B.J. Habibie reopened the debates last week on the adverse impact of high interest rates on the economy. This time, Habibie supported his criticisms against what he sees as persistently high interest rates with the finding of a study...

Jazzy duet to play on Friday

Jazzy duet to play on Friday JAKARTA (JP): Contemporary jazz pianist David Benoit and guitarist Earl Klugh are scheduled to perform in the city on FridayNot only will they play the hits of their solo albums, they will also entertain their audience with their new compositions during the show at...

Activists criticize govt's stance on problematic NGOs

Activists criticize govt's stance on problematic NGOs JAKARTA (JP): Activists yesterday rejected as groundless the government's recent allegations that there were recalcitrant non- governmental organizations (NGOs) campaigning to undermine state ideology Pancasila.

Jakarta, KL need to outline details on islands' dispute

Jakarta, KL need to outline details on islands' dispute JAKARTA (JP): Hasyim Djalal, a noted maritime law expert, said yesterday Jakarta and Kuala Lumpur needed to confirm the fine details of their overlapping claims to Sipadan and Ligitan islands before taking the dispute to the International...

Flood victim found

Flood victim found JAKARTA (JP): The body of a teenager who was washed away in a flooded West Jakarta waterway on Saturday was found yesterday about 100 meters from where he reportedly jumped into the small Grogol river.

Maulana elected KNPI chair

Maulana elected KNPI chair JAKARTA (JP): Maulana Isman of Kosgoro, an organization affiliated to Golkar, was finally elected new chairman of the Indonesian National Youth Committee (KNPI) last night.Maulana, younger brother of Minister of Youth Affairs and Sports Hayono Isman, won 28 out of 67...

Surjadi backs athletes village plan

Surjadi backs athletes village plan JAKARTA (JP): Governor Surjadi Soedirdja fully supports the 1997 Southeast Asian Games (SEAG) athletes village construction plan on a four-hectare former shooting range in Senayan, according to National Sports Council deputy chairman Arie Sudewo.

Resort group established

Resort group established JAKARTA (JP): Director General of Tourism Andi Mappi Sammeng yesterday inaugurated the new Indonesian Association of Tourist Resorts.The association will be led from 1996 to 2000 by chairman Jan Arifin of PT Lombok Tourism Development Corporation and deputy chairman Sammy...

Embassy runaround

Embassy runaround In the last week of October, 1996 I rang the Australian Embassy to find out what my Indonesian in-laws would need to apply for an Australian tourist visa.After listening to the computerized instructions and getting through to immigration I asked the girl what exactly they would...

Tunky expects Seoul's support in car case

Tunky expects Seoul's support in car case JAKARTA (JP): Minister of Industry and Trade Tunky Ariwibowo said yesterday that he believed South Korea would back Indonesia in an international dispute over its national car policy.

Chief not too hasty, say police

Chief not too hasty, say police JAKARTA: Police spokesman Brig. Gen. Nurfaizi yesterday defended National Police Chief Lt. Gen. Dibyo Widodo from accusations of undue haste in identifying Dwi Sumaji as the killer of journalist Fuad Muhammad Syafruddin."The police chief was not being too hasty.

New business train derails, one hurt at Palmerah station

New business train derails, one hurt at Palmerah station JAKARTA (JP): A new business train plying the Merak-Jakarta route derailed yesterday at the Palmerah railway station, hospitalizing one man.The accident which occurred at 1:34 p.m.

Suwandi ready to fight for selection

Suwandi ready to fight for selection JAKARTA (JP): Former Davis Cupper Suwandi faces a great challenge from old hands Abdul Kahar MIM and Yustedjo Tarik and junior M. Syahid in group B of the preselection tournament for Indonesia's next national team.

PT Kiani Kertas plans Nasdaq share listing

PT Kiani Kertas plans Nasdaq share listing JAKARTA (JP): The newly-established PT Kiani Kertas, a pulp subsidiary of the Kalimanis Group, plans to list its shares on the U.S. Nasdaq stock exchange in 1998, the company's president said yesterday.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 4, 1996: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 900 0 0 AHAP Insurance 2,675 0 0 Alumindo Perkasa 825 25 28,000 Andayani Megah 1,000 0 15,000 Aneka Kimia Raya...

Soemitro calls for open race for Vice President

Soemitro calls for open race for Vice President JAKARTA (JP): Now that the 1998 presidential election is virtually settled, the race for vice president should be made as open as possible, influential former general Soemitro said yesterday.

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, Firday, 9 p.m. to 12:30 a.m.; Platinum Band, Wednesday, 9 p.m. to 12:30 a.

People to people (1)

People to people (1) Be polite or impolite? I am referring to the correspondence in the letters column of The Jakarta Post on Oct. 30, 1996 and Nov. 2, 1996.I am of the opinion that it is not in good taste to suggest being impolite to Indonesians.

People to people (3)

People to people (3) I must strongly disagree with Mr. Gliwitzki and Mr. Law regarding their negative interpretation of the locals' "hello mister" greeting. I have lived in Jakarta one year, and have made it a point to visit and shop in the areas where the local residents frequent.

People to people (2)

People to people (2) It is true that effrontery knows no limits. I refer to Marcus Gliwitzki's and Peter Law's letters (The Jakarta Post, Nov. 2, 1996). Their criticisms of Paul Wesson's letter (Oct. 29, 1996) represent a rare example of intolerance for the country which hosts all of us.

NGOs as partners

NGOs as partners Non-governmental organizations (NGOs) are often seen as troublemakers. We feel fortunate that the Coordinating Minister for Political Affairs and Security Soesilo Soedarman thinks differently.

Boycott call makes no difference: Bank management

Boycott call makes no difference: Bank management JAKARTA (JP): HongkongBank management said a call from a national union for a boycott against the Bank would have no impact on its business.The Federation of the All Indonesian Workers Union (FSPSI) last week called for a boycott after a court...

Traffic accidents claim 1,101 lives

Traffic accidents claim 1,101 lives BANDUNG: A total of 1,101 people have died, 856 have been seriously injured and 953 others have suffered minor injuries in traffic accidents in the West Java province between January and August this year.

BNI's initial public offering attracts crowds of investors

BNI's initial public offering attracts crowds of investors JAKARTA (JP): State-owned Bank Negara Indonesia (BNI) 1946 launched its initial public offering (IPO) yesterday, attracting thousands of enthusiastic investors.

Next census will take place in 2000

Next census will take place in 2000 JAKARTA: Chairman of the Central Bureau of Statistics Sugito Suwito yesterday announced that Indonesia's 6th census will take place in October 2000.The results will take about a year to process, he said after opening the 17th Population Census Conference...

Gus Dur is for Soeharto's renomination

Gus Dur is for Soeharto's renomination JAKARTA (JP): Prominent Moslem scholar Abdurrahman Wahid yesterday promised to give his support if the People's Consultative Assembly (MPR) decides to reelect President Soeharto in 1998.

Petrobuild may sue govt over building project

Petrobuild may sue govt over building project JAKARTA (JP): PT Petrobuild Indonesia, the winner of a tender to construct an oil and gas center in Jl. MH Thamrin in Central Jakarta, plans to sue the Ministry of Mines and Energy if a dispute over the building contract is not resolved fairly.

Merapi danger status reduced

Merapi danger status reduced SEMARANG: Mt. Merapi's activity declined significantly over the past two days prompting authorities to reduce the volcano's danger status from "alert" to "preparedness".Wimpy S.

S. Korea hopes for peace on peninsula

S. Korea hopes for peace on peninsula SEOUL (JP): Barely recovered from the shock of the submarine intrusion from its northern neighbor in September, South Korea is determined to continue seeking peace in the Korean peninsula.

Toward an Asia Pacific NGO network

Toward an Asia Pacific NGO network The Jakarta Post was invited to attend the First Pacific Asia Congress in Seoul from Oct. 28 to Oct. 29. The following and three other articles on this page are reports from the congress.

Let's empower the deaf: Soeharto

Let's empower the deaf: Soeharto JAKARTA (JP): President Soeharto urged the nation yesterday to empower deaf people by assisting them into gainful employment and turning them into productive citizens.The huge cost of educating the deaf would be wasted unless society put them to work, Soeharto said...

Indonesia sets sights on 2001 Bermuda Bowl trophy

Indonesia sets sights on 2001 Bermuda Bowl trophy JAKARTA (JP): After its defeat in the final to defending champion France in the 10th Bridge Olympics on Greece's Rhodes Island Saturday, Indonesia is now setting its sights on winning the 2001 Bermuda Bowl men's team championship at home.

Thousands form 'human bridge'

Thousands form 'human bridge' SURABAYA: A total of 2,700 sea lovers and marines yesterday raced a distance of 3.6 kilometers, forming a "human bridge" as they swam between Surabaya and Madura Island, Antara reported yesterday.

4 people killed in Fretilin attack

4 people killed in Fretilin attack DILI, East Timor: Four people died on Saturday when anti- integration Fretilin rebels attacked residents of Cribbas village, Manatuto regency, about 100 kilometers east of here.Chief of Manatuto military post Lt. Col.

Tourist arrivals' growth slows down

Tourist arrivals' growth slows down JAKARTA (JP): The number of tourist arrivals in Indonesia reached 342,604 in September, representing a mere 11-percent year-on-year increase, the slowest pace recorded in seven months.

ABRI must give up House seats, ex-general says

ABRI must give up House seats, ex-general says BANDUNG (JP): Former Army chief of staff Gen. (ret.) Rudini said yesterday that the military should give up their seats in the House of Representatives, saying their presence in the legislature was constitutionally "inappropriate.

Hearings on PDI-related cases continue

Hearings on PDI-related cases continue JAKARTA (JP): A housewife and a food vendor were tried yesterday in separate hearings at the Central Jakarta District Court, for insulting the Armed Forces (ABRI) before the July 27 riots and damaging property during the riots.

Observers call for follow up on rights body report

Observers call for follow up on rights body reportBy Sugianto Tandra JAKARTA (JP): Human rights campaigners and observers yesterday made a fresh call on the government to follow up the National Commission on Human Rights's findings on the July 27 riots.Asmara Nababan of the commission, K.H.