Indonesian Political, Business & Finance News

Archive: 14 December 1996

61 articles found

Many developers will go bankrupt next year: PSPI

Many developers will go bankrupt next year: PSPI JAKARTA (JP): About 625, or 25 percent of the country's 2,500 developers, will go bankrupt next year because of their liabilities, legal problems and the weakening market, property consultancy PSPI Research predicted yesterday.

Minister Yogie refuses to mediate in PDI rift

Minister Yogie refuses to mediate in PDI rift JAKARTA (JP): Home Affairs Minister Moch. Yogie S.M. refused to mediate yesterday in the conflict between top leaders of the Indonesian Democratic Party (PDI).

28 countries to liberalize trade on info-tech products

28 countries to liberalize trade on info-tech productsBy Riyadi SINGAPORE (JP): Twenty-eight member countries of the World Trade Organization (WTO) agreed here yesterday on the United States' initiative to liberalize trade on information technology products.

Tangerang wants airport parking fees

Tangerang wants airport parking fees TANGERANG, West Java (JP): The Tangerang Mayoralty wants 25 percent of the parking fees collected at Soekarno-Hatta International Airport, the mayoralty spokesman said Thursday.Nurhayat Satjadipura, the spokesman, said West Java provincial decree No.

Transport for Bekasi

Transport for BekasiFrom NeracaJakarta currently has an estimated population of eight million. That is at night. In the daytime, as many as 10 million people crowd the capital city. The excess of more than two million live in the dormitory towns of Bekasi in the east, Tangerang in the west and even...

Reporters enlisted for sports promotion

Reporters enlisted for sports promotion JAKARTA (JP): Apparently still smarting from its unexpected lopsided defeat to host Thailand in last year's 18th SEA Games, the National Sports Council will hold a workshop for local sports scribes to gather fresh views and ideas from them on ways to develop...

Where to go in Jakarta, for Dec. 14, 1996

Where to go in Jakarta, for Dec. 14, 1996Music * 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.

Soeharto to open Hotel Nikko Bali

Soeharto to open Hotel Nikko BaliBy I. Christianto NUSA DUA, Bali (JP): President Soeharto is scheduled to open the five-star Hotel Nikko Bali here today.The hotel's general manager, Nobuaki Tezuka, said yesterday the 395-room Nikko Bali had been open for soft operations since last May.

OIC ministers end meeting with new economic vigor

OIC ministers end meeting with new economic vigor JAKARTA (JP): The Organization of the Islamic Conference (OIC) ended its five-day foreign ministers meeting here yesterday with a new-found vigor to forge economic cooperation and the possibility of an Islamic common market.

Lippo Life, Disney sign deal

Lippo Life, Disney sign deal JAKARTA (JP): Lippo Life and the United States-based Disney Enterprises Inc have signed an agreement to promote each other in Indonesia.Lippo Life, an insurance company, said yesterday it would handle Disney's Indonesian promotions.

Businessmen face Ecstasy charges

Businessmen face Ecstasy charges SEMARANG, Central Java: The immigration office has barred 10 businessmen, charged with smuggling 108,290 Ecstasy pills, from traveling abroad.Head of the office Sri Triswojo said yesterday he would revoke the businessmen's passports if the police investigation now...

Middle class weak to set up alliance: Scholar

Middle class weak to set up alliance: Scholar JAKARTA (JP): Indonesia's middle class is too feeble and overshadowed by the military to join forces and be agents of change, a scholar says.Sociologist Arief Budiman said the middle class here was too dependent on the state.

U.S. diplomat banned from meeting Suu Kyi

U.S. diplomat banned from meeting Suu Kyi YANGON (Reuter): Myanmar's military government yesterday stopped a U.S. embassy official from meeting opposition leader Aung San Suu Kyi and labeled his attempt to visit her during the current unrest provocative.

Arie to build cargo depot

Arie to build cargo depot SEMARANG (JP): PT Artha Mitra Pandawa, owned by President Soeharto's grandson, Arie Sigit, has signed an agreement with the state railway company Perumka to develop a Rp 3.9 billion (US$1.6 million) container yard.

Indonesia becoming a rowing superpower, minister says

Indonesia becoming a rowing superpower, minister says JAKARTA (JP): Indonesia has emerged as a major power to be reckoned with in world rowing, according to a cabinet minister."The performances of our rowers in various international events over the past three years have attested to the fact that we...

Situbondo army chief replaced

Situbondo army chief replaced SURABAYA (JP): Situbondo, the site of Oct. 10 religious violence where five people were left dead and dozens of churches damaged, has a new military chief.Lt. Col. Imam Prawoto, chief of the military district of Situbondo, some 160 kilometers east of here, was hastily...

Depok today

Depok todayFrom JayakartaWe are residents of Depok district, and are quite proud of the region since its transformation into a shopping and trade site.We cannot but marvel at the development of coffee shops, restaurants and shops, along Jl. Margonda Raya in particular.

Property tax collection issue takes new turn

Property tax collection issue takes new turn JAKARTA (JP): A city councilor expressed disbelief yesterday at the inspectorate's recent findings that most uncollected revenues in the 1995/96 fiscal year were from property tax.

Moerdiono slams journalists

Moerdiono slams journalists JAKARTA (JP): Minister/State Secretary Moerdiono turned the table on journalists, chiding them for confusing their own opinions with facts."Many journalists can't differentiate facts from opinion," he said while addressing the celebration of the 59th anniversary of the...

Alan misses Sanyo semifinals, Jeffer meets Hall

Alan misses Sanyo semifinals, Jeffer meets Hall JAKARTA (JP): Indonesia's Alan Budikusuma crashed to Dong Jiong in the last match of the round-robin section yesterday and gave his opponent a place in the semifinals of the Sanyo World Cup Badminton Championship.

Cigarettes worth Rp 50m stolen

Cigarettes worth Rp 50m stolen JAKARTA (JP): Thieves stole cartons of cigarettes worth Rp 50 million (US$21,459) yesterday from a shop on Jl. K.H.M. Mansyur, Tanah Abang, Central Jakarta.A Central Jakarta Police precinct officer said the shop's employee, Asep, arrived at work in the morning and...

RI agrees to join energy project

RI agrees to join energy project JAKARTA (JP): Indonesia and energy companies from a consortium of six industrialized countries signed yesterday a letter of intent on renewable energy to conduct pilot-phase activities implemented jointly.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 13, 1996: ------------------------------------------------------- Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 1,000 0 1,000 AHAP Insurance 2,675 0 0 Alumindo...

Six months sought for housewife

Six months sought for housewife JAKARTA (JP): A prosecutor asked the Central Jakarta District Court to sentence a housewife to six months jail for slandering the Armed Forces.Prosecutor Darwis Lubay said Nurhayati or Yetty Sipahutar, 44, made slanderous remarks in her address at a free speech forum...

Mixed reports on RP reforms

Mixed reports on RP reforms MANILA (AFP): U.S. investment house Goldman Sachs praised recent Philippine economic reforms, even as a World Bank report warned the country against complacency, according to reports obtained here yesterday.

More government incentives urged to boost agribusiness

More government incentives urged to boost agribusiness JAKARTA (JP): Agribusiness is potentially lucrative but more incentives are needed to attract investors, the Agribusiness Agency's head said yesterday.

IPTN sells 113 helicopters

IPTN sells 113 helicopters JAKARTA (JP): The state-owned PT Industri Pesawat Terbang Nusantara (IPTN) has thus far sold 113 NBO-105 helicopters on the domestic market, a company vice president says.IPTN Vice President for marketing, Pudji Sulaksono, said NBO- 105 helicopters, which costed Rp 3.

TV Today: Saturday, Dec. 14, l996

TV Today: Saturday, Dec. 14, l996TVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Animated Classic 3:00 News: Lintasan Berita 3:10 Soccer: Kansas League Gelora Dewata vs Assyabaab (live) 5:15 News: Siaran Berita TVRI 5:25 Travel: My Country 5:30 Travel: Perjalanan Nasional 6:00 News: Lintasan...

Military to probe drivers strike

Military to probe drivers strike PALEMBANG, South Sumatra: The authorities will probe the massive bus drivers strike that paralyzed Bandar Lampung Tuesday and Wednesday.Spokesman for the local military command, Lt. Col.

RI world's second worst software pirate: Survey

RI world's second worst software pirate: Survey JAKARTA (JP): Indonesia is one of the world's greatest software pirates with a 98 percent strike rate, stealing US$150 million last year from software producers worldwide, according to a survey.

'Wayang krucil', the endangered puppet play

'Wayang krucil', the endangered puppet playBy Rosa Widyawan JAKARTA (JP): Wayang krucil is a form of wayang that depicts stories from the Majapahit period through the use of small, flat, wooden puppets.

Church Services

Church Services * Catholic Church, University of Atmajaya, Jl. Jend. Sudirman: Saturday 5:30 p.m., Sunday, 9 a.m., 10:30 a.m. and 5:30 p.m. * First Church of Christ, Scientist, Jl. Teuku Cik Ditiro 48, Menteng, Central Jakarta: Services on Sunday, 8:30 a.m. (in English), and 10 a.m.

Our middle class

Our middle class It is probably not too far off the mark to say that the findings of an ongoing study being made on this country's middle class only affirms what many Indonesians have always known, or at least have guessed.

Sanrio show at Ciputra Mall

Sanrio show at Ciputra Mall JAKARTA (JP): Japanese Sanrio cartoon characters appear today at the Ciputra Mall, West Jakarta, on the first day of the Japanese Sanrio Festival.The festival, part of the mall's end-of-year celebrations, will run until Dec. 23.

Dispensaries and medicines

Dispensaries and medicinesFrom Republika Referring to the numerous complaints and writings doubting the right of dispensaries to substitute other medicine for doctors' prescriptions, I would like to inform the public as follows:* In line with good dispensing practices, dispensaries are allowed to...

Unleaded gasoline

Unleaded gasolineFrom NeracaThe government's effort to reduce air pollution in larger cities is to encourage use of compressed gas and unleaded gasoline. Consequently the government's program, known as the "Blue Sky Program", should receive full support from the society.

Hundreds want to adobt abandoned babies

Hundreds want to adobt abandoned babies JAKARTA (JP): Hundreds of people expressed their willingness yesterday to adopt seven babies abandoned by their parents at Cipto Mangunkusumo General Hospital, Central Jakarta.

Island dispute to go to court in the new year

Island dispute to go to court in the new year JAKARTA (JP): Indonesian and Malaysian officials will meet in Kuala Lumpur in the first weeks of 1997 to resolve technical details before jointly submitting the Sipadan-Ligitan dispute to the International Court of Justice (ICJ).

Cement plant in Minahasa

Cement plant in Minahasa JAKARTA (JP): PT Sulenco Bohusami Cement plans to build a cement plant in Minahasa regency, North Sulawesi, the company president said yesterday.Tidarwono Soedirman said in the province's capital, Manado, that his company planned to invest around Rp 300 billion (US$127...

RP trade deficit rises

RP trade deficit rises MANILA (AFP): The Philippines' trade deficit for October 1996 was up 27.6 percent from a year earlier at 944 million dollars, the National Statistics Office (NSO) said here yesterday.The trade deficit in the first 10 months of 1996 was up 41.2 percent at US$10.

Three intellectual property bills given to House

Three intellectual property bills given to House JAKARTA (JP): The government submitted Thursday three bills on for revising the current laws on copyright, patents, and trademarks to the House of Representatives for its next deliberation session.

Flooding keeps students away from school, kills elderly man

Flooding keeps students away from school, kills elderly man JAKARTA (JP): Major floods hit Riau and Aceh yesterday, drowning one villager, destroying dozens of houses and forcing hundreds of families to flee their homes.

Concessionaires short timber provision

Concessionaires short timber provision JAKARTA (JP): Minister of Forestry Djamaludin Suryohadikusumo said yesterday forest concessionaires had provided only 36 percent of the timber they should have allocated to locals in their concession areas.

Kennedy to visit Indonesia

Kennedy to visit Indonesia JAKARTA (Antara): United States Congressman Patrick J Kennedy will make a brief visit to Indonesia this Christmas, when he is expected to meet Dili Bishop Carlos Filipe Ximenes Belo in East Timor.

Unadulterated music for NY-based Mike Stern Trio

Unadulterated music for NY-based Mike Stern TrioBy Devi M. Asmarani JAKARTA (JP): This year's JakJazz highlight was the electrifying performance of the New York-based Mike Stern Trio.More than a thousand jazz fans flocked to the main stage at the Gelanggang Mahasiswa Sumantri Brodjonegoro youth...

PSP group opens food stores

PSP group opens food stores JAKARTA (JP): PT Putra Serasi Pioneerindo, a subsidiary of the Putra Surya Perkasa (PSP) Group, has opened five Bilo food discount stores in greater Jakarta.The stores are in Narogong (East Bekasi), Taman Galaxy (South Bekasi), Lorong (Rawa Badak, North Jakarta), Tebet...

RI firm to broadcast with Mindanao govt

RI firm to broadcast with Mindanao govt JAKARTA (JP): The government of the Autonomous Region in Moslem Mindanao, southern Philippines, and Indonesia's PT Ariobimo Ekakarma signed a cooperation agreement here yesterday to develop local and transnational television broadcasting services.

Hitachi delays KL plant

Hitachi delays KL plant TOKYO (AFP): Japan's Hitachi Ltd. and partner LG Semicon Co. Ltd. of South Korea are to delay construction of a 130 billion yen (US$1.2 billion) semiconductor plant in Malaysia, a Hitachi official said yesterday.

Pertamina cuts gasoline price

Pertamina cuts gasoline price JAKARTA (JP): State oil company Pertamina has cut the prices of unleaded Super TT gasoline and 35 lubricants, the company announced yesterday.Spokesman Didi Sunarwinadi said Pertamina had cut Super TT gasoline's price from Rp 1,000 (US$ 0.

'Ritusamhara' at JIS

'Ritusamhara' at JIS JAKARTA (JP): After the success of last month's Hindi play, the Jawaharlal Nehru Indian Cultural Centre plans to perform a music and drama extravaganza titled Ritusamhara on Dec. 15.B.N.

Lombok loses 131,000 people

Lombok loses 131,000 people MATARAM, West Nusa Tenggara: The provincial government has resettled 131,265 people from Lombok island through state- sponsored transmigration over the past 30 years.Head of Transmigration Office Mudjijo announced Thursday that Lombok people have been relocated in East...

Man devotes his life to repairing 'delman'

Man devotes his life to repairing 'delman'By Joko Sarwono BOGOR, West Java (JP). It is hard to believe that in this modern era few people can profess to running a repair shop for horse-drawn buggies. The more so when the repair shop only works on delman (traditional horse-drawn carriage), the...

President okays Sudjana's move on coal funds

President okays Sudjana's move on coal funds JAKARTA (JP): President Soeharto said yesterday the government's 13.5 percent share of private coal-mining contractors' output belonged to the public who were represented by the government.

Protection for migrant workers called for

Protection for migrant workers called for JAKARTA (JP): Women's rights activists urged members of the Organization of Islamic Conference (OIC) yesterday to do more to legally protect the migrant workers in their respective countries.

Freer trade promised in next century

Freer trade promised in next centuryBy Riyadi SINGAPORE (JP): Trade ministers from 128 countries yesterday settled contentious issues at the closing of the World Trade Organization (WTO) ministerial conference and adopted sweeping measures to develop freer international trade in the 21st century.

Log theft cases settled secretly

Log theft cases settled secretly BENGKULU, Bengkulu: Head of the Prosecutors Office TN Syamsah said yesterday he suspected many of the log theft cases here have been resolved out of court by the culprits and corrupt officials.

Coca-Cola, Subway tie up

Coca-Cola, Subway tie up JAKARTA (JP): Coca-Cola Amatil Indonesia (CCAI) signed a five- year agreement with the Subway restaurant chain here Thursday to exclusively supply soft drinks to Subway.The agreement was signed by CCAI's organizational and development director, Vince Monterola, and Subway's...

JakJazz needs govt, private sector support

JakJazz needs govt, private sector support JAKARTA (JP): The A Mild JakJazz festival '96, dubbed the country's biggest musical event, was held last weekend.Thirty-six local jazz bands and seven foreign groups performed this year.

Biennale X to close with auction

Biennale X to close with auctionBy Amir Sidharta JAKARTA (JP): The works from Biennale X, Jakarta's tenth fine arts biennial, will be auctioned off tomorrow at 10:30 a.m. at the Taman Ismail Marzuki arts center in Central Jakarta.

Aceh becomes chaotic

Aceh becomes chaoticFrom RepublikaAs a resident of Aceh, I should be proud of our town Banda Aceh, being an Adipura award winner. This must be attributed to the hard work of its citizens. However, it is ironical that a day of rainfall is enough to cause flooding throughout the town.

Drama bridges RI-Japan cultural gap

Drama bridges RI-Japan cultural gapBy Bakdi Soemanto YOGYAKARTA (JP): A play was performed on two consecutive days here last week at the Hidang Kesenian arts center, which once housed a Yogyakartan nobleman. The performance took place in the center's pendhapa (hall) over two days, Dec. 6 and Dec.