Indonesian Political, Business & Finance News

Archive: 17 December 1996

44 articles found

Road turned into shopping site

Road turned into shopping siteFrom NeracaPeople are used to the traffic problems in Jakarta, and they have learned to cope with them. The condition is due to the capital's road network, which has become totally inadequate to accommodate the increasing traffic flow each year.

Banned author awarded

Banned author awarded JAKARTA (JP): Banned author Pramoedya Ananta Toer found at his home yesterday the UNESCO-Madanjeet Singh prize for promoting peace, tolerance and non-violence.The award came as a surprise to 71-year-old Pramoedya, with none of his family knowing who had delivered it or when.

Soesilo clarifies critical comments

Soesilo clarifies critical comments JAKARTA (JP): Coordinating Minister for Political Affairs and Security Soesilo Soedarman backed down yesterday on his earlier critical comments about the National Commission on Human Rights.

PAL starts cargo ship

PAL starts cargo ship JAKARTA (JP): State-owned shipbuilding company PT PAL Indonesia started the construction of a 42,000-deadweight-ton open hatch bulk carrier yesterday.Company production director Arief Aini said the ship, ordered by German firm Egon Oldendorf, was the third ship to be made by...

Unleaded gas sales jump after price reduction

Unleaded gas sales jump after price reduction JAKARTA (JP): Unleaded gas sales have been creeping up since the price per liter was lowered from Rp 1,000 to Rp 975 last Monday, but a lack of gas stations selling it makes it difficult to become popular.

AIDS threatens truck drivers

AIDS threatens truck drivers YOGYAKARTA: About 78 percent of the estimated 20,000 truck drivers working the Jakarta-Surabaya route visit brothels, making them highly vulnerable to the deadly AIDS, a survey has found.

Foreigners enter Bank NISP

Foreigners enter Bank NISP JAKARTA (JP): The main shareholders of publicly listed Bank NISP, PT Suryasono Sentosa and PT Udayawira Utama, have sold some of their shares to foreign fund managers, Bank NISP announced yesterday.

Alatas does not expect much in East Timor talks

Alatas does not expect much in East Timor talks JAKARTA (JP): Minister of Foreign Affairs Ali Alatas said yesterday that a meeting with his Portuguese counterpart Jaime Gama at the United Nations to discuss the East Timor conflict this weekend would be simply to review the situation.

Local taxes, fees bill 'to boost revenues'

Local taxes, fees bill 'to boost revenues' JAKARTA (JP): The local taxes and fees bill aims to provide legal certainty and raise local administrations' incomes, Minister of Finance Mar'ie Muhammad said yesterday.

Three labor activists charged with subversion

Three labor activists charged with subversion SURABAYA (JP): Hundreds of police officers guarded the Surabaya district court building, and 16 truckloads of soldiers were stationed nearby, as one of the biggest political trials ever to come to the city began yesterday.

Fuel conversion for cars urged

Fuel conversion for cars urged BANDUNG (JP): Conversion from gasoline to natural gas will reduce emission from cars by over 50 percent, State Minister of Environment Sarwono Kusumaatmadja says.Sarwono said Saturday he realized alternative fuel was in demand in Bandung when he heard that some 50...

Mgr Belo to return home on Christmas eve

Mgr Belo to return home on Christmas eve DILI, East Timor (JP): Dili's Catholic community is bracing itself for the homecoming of their Nobel laureate Bishop Carlos Filipe Ximenes Belo who is scheduled to return on Christmas eve.

Legendary Tanamur still sizzling after 26 years

Legendary Tanamur still sizzling after 26 years JAKARTA (JP): Diskotik Tanamur, the oldest discotheque in the country, celebrated its 26th anniversary last Thursday by providing its faithful patrons with a light dinner and lots of drinks.

Iraq loads first crude in six years

Iraq loads first crude in six years BASRA, Iraq (AFP): Iraq announced Sunday it began for the first time in six years to load crude at its Gulf terminal under a contract with two U.S. firms, in line with a humanitarian deal with the United Nations.

Historical buildings attracts tourists

Historical buildings attracts touristsFrom MerdekaConserving historical buildings for tourism has recently been revived abroad. We therefore plead with government to conserve Jakarta's historical buildings, as well as those of other cities.

Vaccination targets 22 million

Vaccination targets 22 million JAKARTA: The government will target 22 million children under five in next year's vaccination program.Hadi Maryanto Abednego, director general of communicable diseases control, said the drive would be divided into three phases, with the first phase, an anti-polio...

Bogor hospital cuts old trees

Bogor hospital cuts old trees BOGOR, West Java (JP): Bogor's PMI Hospital has cut the branches of six large trees standing along the hospital's entrance to protect the hospital from storms.The cutting project's supervisor, Aday, said yesterday the hospital decided to have the old mahoni (Swietenia...

Sumitro proposes investment trust for cooperatives

Sumitro proposes investment trust for cooperatives JAKARTA (JP): Senior economist Sumitro Djojohadikusumo proposed yesterday the funds collected from state enterprises to help cooperatives and small enterprises be pooled in a trust.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 16, 1996: --------------------------------------------------------- Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,000 0 0 AHAP Insurance 2,675 0 0 Alumindo...

Soeharto stresses business partnership

Soeharto stresses business partnership JAKARTA (JP): President Soeharto yesterday stressed the importance of partnerships between small and big companies to develop the industrial sector.The President said big and small companies could not survive or develop fruitfully without helping each other.

Prosecutor wants lecturer to be jailed

Prosecutor wants lecturer to be jailed JAKARTA (JP): A state prosecutor asked the East Jakarta District Court yesterday to sentence a lecturer to two years jail for misusing Rp 196,900,000 (US$82,041) of college funds.

Abandoned babies still not claimed

Abandoned babies still not claimed JAKARTA (JP): None of the parents of the seven babies abandoned at the Cipto Mangunkusumo General Hospital have come to claim their babies despite widespread media coverage, the hospital's director said yesterday. Director M.

TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Berenstain Bears 3:00 News: Lintasan Berita 3:05 Teenagers' Program: Guitar and Flute 3:30 Science Film: Beyond Tomorrow 4:00 News: Lintasan Berita 4:05 Science and Technology Film: Science World 4:30 Culture: Pelangi Budaya 5:00 Regional...

Court commutes death sentence on Chun Doo Hwan

Court commutes death sentence on Chun Doo Hwan SEOUL (AFP): A South Korean appeal court yesterday commuted the death sentence ordered against former president Chun Doo-hwan for mutiny and corruption, and reduced the jail term of his successor Roh Tae-woo.

Customs hands over Ecstasy suspects to National Police

Customs hands over Ecstasy suspects to National Police JAKARTA (JP): The Soekarno-Hatta International Airport's Customs and Excise Office handed over yesterday two Singaporeans arrested for smuggling 16,437 Ecstasy pills and 440 grams of Ecstasy powder on Sunday to the National Police.

Sandalwood endangered

Sandalwood endangered KUPANG, East Nusa Tenggara: Governor Herman Musakabe has called for each family in the province to plant 10 sandalwood trees a year in a bid to save the species from extinction.The fragrant wood, which is protected by law, is increasingly endangered due to illegal logging.

Struggling for free trade in the real world

Struggling for free trade in the real world There is so much talk about having a `level playing field,' but Malaysian Primer Minister Mahathir Mohamad, in this Inter Press Service commentary, suggests that the size of the players should also be considered.

Road workers' safety

Road workers' safetyFrom NeracaGovernment efforts to implement the Safety and Health Program (K-3) for workers appear not to be getting the appropriate attention from some companies. What has happened?The fact is that road workers, who mostly work in the open air -- like PAM (water company) or...

Aplikanusa installs new communication system

Aplikanusa installs new communication system JAKARTA (JP): PT Aplikanusa Lintasarta has spent about Rp 30 billion on its new data communication network, the business- division general manager said yesterday.Arya Damar said Lintasarta had installed a Frame Relay data network in 17 cities.

SMC buys into Dharmala

SMC buys into Dharmala JAKARTA (JP): Shareholders of publicly listed Dharmala Agrifood yesterday approved management's plan to sell a 49 percent share in its subsidiary PT Artacitra Terpadu Feedmill to San Miguel Foods International (SMFI).

Frost Hansen to coach Malaysia

Frost Hansen to coach Malaysia JAKARTA (JP): Former top shuttler Morten Frost Hansen of Denmark is to coach Malaysia, replacing Razif Sidek, who retired in September.The Badminton Association of Malaysia's chairman, Dr.

RI gymnastics body eyes 5 SEAG golds

RI gymnastics body eyes 5 SEAG golds JAKARTA (JP): The Indonesian Gymnastics Association expects to win five gold medals in the SEA Games (SEAG) to be staged here next October.Sri Hastuti Merdiko, the association's secretary-general, told The Jakarta Post and Kompas yesterday that the country is...

Govt seeks to limit expats' role in hotels

Govt seeks to limit expats' role in hotels JAKARTA (JP): The government will ask tourist-industry associations to help it draft rules to restrict foreigners managing four-star or lower-rated hotels, an official said yesterday.

'Joint operation telecoms safeguard local companies'

'Joint operation telecoms safeguard local companies' JAKARTA (JP): Minister of Tourism, Post and Telecommunications Joop Ave is confident the private-public joint operation system for telecommunication projects would protect local companies amid free trade in information technology.

A compulsory contribution

A compulsory contribution There will no longer be any doubts as to the obligation of big taxpayers to set aside 2 percent of their incomes to help poor families. This contribution, which major taxpayers have so far been asked to make on a purely voluntary basis, has now been made compulsory.

BSP's profit up

BSP's profit up JAKARTA (JP): Publicly listed PT Bakrie Sumatera Plantations (BSP) expects to book a Rp 41.2 billion (US$17.4 million) net income this year, up 23 percent on its Rp 33.3 billion net income for 1995.

Pertamina to develop LNG market in India

Pertamina to develop LNG market in India JAKARTA (JP): The state oil company Pertamina and Coastal Corp. of the United States have agreed to develop a market in India for Indonesia's liquefied natural gas (LNG).Pertamina spokesman M.A.

Deficit warning sounded

Deficit warning sounded JAKARTA (JP): The current account deficit has reached an alarming level, senior economist Sumitro Djojohadikusumo said yesterday."We should therefore work harder to bolster exports while curbing import growth," Sumitro said after the Federation of Civil Servant Cooperatives'...

Five Situbondo residents tried over October riot

Five Situbondo residents tried over October riot JAKARTA (JP): Five people were charged in the Situbondo district court yesterday for their role in the massive riot in the East Java town in October in which five people were killed.

Govt serious on revealing truth about July riots

Govt serious on revealing truth about July riots JAKARTA (JP): Coordinating Minister for Political Affairs and Security Soesilo Soedarman said yesterday the government was serious about revealing the truth behind the July 27 riots.

'Love motherhood Drive' to begin

'Love motherhood Drive' to begin JAKARTA (JP): President Soeharto will launch a nationwide campaign to curb the maternal mortality rate during the national Women's Day celebrations on Dec. 22.Cholil Abdullah, assistant to State Minister for Women's Roles Mien Sugandhi, said yesterday the campaign,...

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, Wednesdy, 9 p.m. to 12:30 a.m.

Minister calls for alternatif energy

Minister calls for alternatif energy JAKARTA (JP): State Minister for Environment Sarwono Kusumaatmadja said yesterday Indonesia should never stop seeking alternative sources of energy to ensure sustainable development.

City to summon ad agency over billboard

City to summon ad agency over billboard JAKARTA (JP): The city administration urged yesterday the advertising agency be held responsible for a billboard collapsing in East Jakarta Sunday. One person died and four were hurt in the accident.