Indonesian Political, Business & Finance News

Archive: 21 December 1996

50 articles found

Motorcycle thief shot dead

Motorcycle thief shot dead JAKARTA (JP): Police shot dead a man yesterday and arrested his friend for allegedly stealing a motorcycle on Jl. Tabanas Simponi, Kelapa Gading, North Jakarta.North Jakarta Police Chief Lt. Col. Rismawan said M.

'Middle class not socially concerned'

'Middle class not socially concerned' JAKARTA (JP): Jakarta's middle class does not have a sufficient level of social awareness which could empower them to improve the city's public services, a sociologist says.

Foreign group to build $1.4b pulp mill in Malaysia

Foreign group to build $1.4b pulp mill in Malaysia KUALA LUMPUR (AFP): A subsidiary of Malaysia's Ekran Bhd. has picked a foreign consortium to build its proposed 3.5-billion ringgit ( US$1. 4 billion) pulp and paper mill, a report said yesterday.

EU to halve Asian tariff concessions next year

EU to halve Asian tariff concessions next year BRUSSELS (DPA): Asian exporters, who get millions of dollars worth of tariff concessions under the European Union's Generalized System of Preferences (GSP), will see their access to the scheme slashed by 50 percent as of Jan. 1, 1997.

Bimantara's net profit surges in first 9 months

Bimantara's net profit surges in first 9 months JAKARTA (JP): The widely diversified Bimantara group reported a Rp 95.9 billion (US$41.34 million) net profit for the first nine months of this year, up 18 percent on the same period last year.

Soeharto warns of export growth slowdown

Soeharto warns of export growth slowdown JAKARTA (JP): President Soeharto warned yesterday about slowing export growth and the widening current account deficit.The government began deregulating the economy 15 years ago which had increased exports slightly, Soeharto said when opening the Indonesian...

McDonald's responds

McDonald's responds We refer to the letter from Yunita P (Dec. 18, 1996) under the heading McDonald's double cheeseburger.Thank you for writing to let us know about your recent experience at the McDonald's in Pondok Indah (Dwima Area) and the McDonald's in Melawai.

Improved reading habits urged

Improved reading habits urged JAKARTA (JP): Minister of Education and Culture Wardiman Djojonegoro called yesterday for people to promote the joy of reading as part of the efforts to create a better-educated society.

Yayuk to appear on TV talk-show

Yayuk to appear on TV talk-show JAKARTA (JP): Indonesia's tennis queen Yayuk Basuki, world ranked 30, is to appear in a special talk-show, Malam Bintang Yayuk Basuki on Indosiar tomorrow at 9.30 p.m.Yayuk, who celebrated her 26th birthday on Nov.

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.

Golkar expected to sweep elections

Golkar expected to sweep elections JAKARTA (JP): The dominant Golkar faction, with the support of the civil service and armed forces, will sweep the May general election and gain more than two-thirds of the ballot, a political scientist predicted yesterday.J.

Horseracing on Mother's Day

Horseracing on Mother's Day JAKARTA (JP): More than 70 horses from 11 provinces are to take part in a race at the Pulomas horsetrack, East Jakarta, tomorrow.Prize money worth Rp 12 million is at stake in the day of racing held to commemorate Mother's Day.

Santa Fe strikes oil

Santa Fe strikes oil JAKARTA (JP): Santa Fe Energy Resources of the United States announced here yesterday it had discovered another oil reserve in Jabung Block, part of its 7,000-square-kilometer concession in South Sumatra.

'I love Mondays' at Taman Anggrek

'I love Mondays' at Taman Anggrek JAKARTA (JP): The Taman Anggrek Mall has announced that big discounts and prizes are now available every Monday.Shops are offering discounts until Idul Fitri, scheduled to fall on Feb. 9 and Feb. 10.Roni S.

Taylor returns to Australia with good memories

Taylor returns to Australia with good memories JAKARTA (JP): Outgoing Australian Ambassador Allan Taylor is returning to Canberra today, ending a four-year term as head of one of Jakarta's largest embassies."I enjoyed it very much.

Police smash supermarket theft ring, arrest nine

Police smash supermarket theft ring, arrest nine JAKARTA (JP): Police have smashed two supermarket theft syndicates arresting nine people for stealing goods worth Rp 6 billion (US$2.57 million).The chief of the City Police Detectives, Col.

Female parking attendant fights against heavy odds

Female parking attendant fights against heavy oddsBy Ida Indawati Khouw JAKARTA (JP): Protecting herself from the rain with an umbrella, Nunung ran to collect the fee from an outgoing car at the parking lot of which she is the parking attendant.

TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Animated Classic 3:00 News: Lintasan Berita 3:10 Soccer: Kansas League -- Bandung Raya vs Persijatim (live) 5:00 News: Siaran Berita TVRI 5:25 Travel: My Country 5:30 Environment Program: Mengenal Lingkungan 6:00 News: Lintasan Berita 6:05...

Extra ships sent to ease Merak congestion

Extra ships sent to ease Merak congestion JAKARTA (JP): The Ministry of Transportation is sending another ship and the Navy is lending three warships to ease massive congestion at Merak ferry port.The promised reinforcements came as a member of the House of Representatives demanded yesterday that...

Putra Alvita gets Rp 265b loan

Putra Alvita gets Rp 265b loan JAKARTA (JP): PT Putra Alvita Pratama, the developer of Legend City in Bekasi, West Java, secured a Rp 265 billion (US$111 million) syndicated loan yesterday from nine banks and a financial institution.Putra Alvita president M.S.

Asian golfers shine at Volvo Matchplay

Asian golfers shine at Volvo Matchplay JAKARTA (JP): China's number one golfer Zhang Lian-wei justified his billing yesterday as the number one player in Asia at the Emeralda Golf and Country Club after charging through to the semifinals of the Volvo Asian Matchplay.

Rudini joins debate over Bantul regent

Rudini joins debate over Bantul regent JAKARTA (JP): The public scrutiny of Bantul regent Col. Sri Roso Sudarmo for his alleged use of public money to fund a transaction with a local soothsayer continued yesterday with former home affairs minister Rudini taking his turn to speak out.

LBH lashes out at govt for tight grip on courts

LBH lashes out at govt for tight grip on courts JAKARTA (JP): A prominent legal aid office lashed out at the government yesterday for its tight grip on the country's courts.The lawyers at the Jakarta chapter of the Legal Aid Foundation (LBH) also noted rampant violations of human rights and of the...

Hayono heads IABA

Hayono heads IABA JAKARTA (JP): The Indonesian Association of British Alumni (IABA) has elected State Minister of Youth Affairs and Sports Hayono Isman as chairman for a second consecutive three-year term.

Beware of billboards

Beware of billboardsFrom NeracaThe collapse of a Ramayana store billboard on Jl. Bekasi Timur in East Jakarta last week killed a street vendor.The case should serve as an example for the responsible parties to take action in preventing the dislodging of other billboards, particularly in this rainy...

East Timor students stage counter rally

East Timor students stage counter rally YOGYAKARTA (JP): About 100 East Timorese students in this ancient city staged a counter rally yesterday in response to Monday's pro-integration demonstration in Jakarta.

Soldiers punished for stealing wood

Soldiers punished for stealing wood JAMBI, Jambi: Local military chief Col. Istarto said yesterday he has taken punitive action against nine soldiers for their roles in illegal logging operations.Istarto said the ongoing crackdown on loggers and their backers is part of the government's effort to...

Kudos for Yogya's police

Kudos for Yogya's police An important piece of news has come to us from Yogyakarta. Yesterday (Wednesday), police released Dwi Sumadji, who was being held as the sole suspect in the killing of Fuad Muhammad Syafruddin (Udin).

Untangling Merak jam

Untangling Merak jam Stories of starving truck drivers begging for food, and drivers abandoning their trucks for lack of money are not the only horrendous tales coming out of Merak. There are bound to be other hard-luck stories resulting from the massive congestion at the West Java ferry port town...

Andrian, Suwandi to contest Masters final

Andrian, Suwandi to contest Masters final JAKARTA (JP): Indonesia's top players Andrian Raturandang and Suwandi are to meet in the final of the 1996 BNI Indonesia Masters tomorrow for the title of the country's best player.

Nusa Tenggara urged back to sea

Nusa Tenggara urged back to sea KUPANG, East Nusa Tanggara: Governor Herman Musakabe called on the people yesterday to turn back to the sea to earn their living as President Soeharto had earlier suggested.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 20, 1996: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 1,000 0 0 AHAP Insurance 2,675 0 0 Alumindo Perkasa 800 50 1,500 Andayani Megah 1,025 0 352,000 Aneka Kimia...

Utut to face GM Anand

Utut to face GM Anand JAKARTA (JP): Indonesia's number one chess player GM Utut Adianto is scheduled to face GM Viswanathan Anand of India in a special duel."Utut performance was very impressive during his duel with Hungarian GM Judith Polgar.

People pray for the military

People pray for the military JAKARTA (JP): More than 200 Betawi people (indigenous Jakartans) performed prayers during Friday service at the Al Bahri mosque, East Jakarta, yesterday for the safety of troops assigned to keep order and security in the city.

Soerjadi ignores street protests against him

Soerjadi ignores street protests against him JAKARTA (JP): The government-recognized chief of the Indonesian Democratic Party (PDI), Soerjadi, downplayed the mounting street demonstrations against him yesterday.

Lombok workers ripped off

Lombok workers ripped off MATARAM, West Nusa Tenggara: Local workers returning from abroad are subject to extortion by thugs and corrupt officials, a press report said yesterday.Many workers coming from Malaysia said they had a horrible experience on their arrival in Bali where thugs, bus drivers...

RI doctors prefer foreign medicines

RI doctors prefer foreign medicines JAKARTA (JP): Indonesian doctors believe that medicines produced by foreign pharmaceutical companies are more effective than those locally made, a survey finds.Chairman of the Indonesian Medical Association Azrul Azwar revealed yesterday the results of the...

KL logger buys NZ forest

KL logger buys NZ forest AUCKLAND (AFP): Malaysian logging company Glenealy Plantations Bhd. has paid NZ$210 million (US$148.4 million) for a 24,800 hectare (61,256 acre) plantation forest in New Zealand, the seller, Fletcher Challenge Forests, said in a statement Friday.

Indocement, unions ink pacts

Indocement, unions ink pacts JAKARTA (JP): Publicly listed cement producer PT Indocement Tunggal Prakasa amended yesterday its work condition agreements with its All-Indonesia Workers Union Federation internal unit.

Six 'Gurita'-sinking suspects to stand trial Tuesday

Six 'Gurita'-sinking suspects to stand trial Tuesday JAKARTA (JP): Two of six people allegedly responsible for the Gurita ferry accident that killed more than 300 people in Aceh in January are to be tried in a local court on Dec. 24 and Dec. 26.

Arson suspected cause of slum fires over last 2 years

Arson suspected cause of slum fires over last 2 years JAKARTA (JP): Arson is suspected to be the cause of a spate of fires in slum areas over the past two years, a Jakarta Legal Aid Institute (LBH) lawyer said yesterday.

Support grows but questions remain on wealth tax decree

Support grows but questions remain on wealth tax decree JAKARTA (JP): Businesspeople, legislators and analysts have come out in support of President Soeharto's decree that rich people pay 2 percent of their after-tax incomes to help the poor, but wonder how the government will implement it.

Majority of candidates endorsed

Majority of candidates endorsed JAKARTA (JP): The National Election Committee approved the provisional list of 2,293 legislature candidates for next year's general election yesterday after rejecting 257 -- or 10 percent -- of the nominees proposed by the three official political groupings.

'Endangered Species' risks alienating audience

'Endangered Species' risks alienating audienceBy Mariam K. Sutalaksana JAKARTA (JP): A patchwork of hysteria embroidered with sexual innuendoes, slapstick comedy and a stitch of music, dance and acrobatics would most rightfully illustrate the opening performance by The Kosh last Thursday night at...

Fireworks at Sentul circuit

Fireworks at Sentul circuit JAKARTA (JP): Tomorrow's Get Lucky Drag Race will be accompanied by a fireworks display to end this year's program at the Sentul circuit near Bogor, an organizer said."The fireworks show is an additional program to the Get Lucky Drag Race," said Rio Sarwono, the...

Fate of Mandra

Fate of Mandra I felt sad when watching the Si Doel Anak Sekolahan show (Doel a school boy) on Dec. 16, 1996. I felt sorry for Mandra. He seems fated to always be the one shouted at by all members of the late Pak Sabeni's family, not to mention Atun (Mandra's niece), who is supposed to pay respect...

Consortium formed for Cawang-Bekasi road

Consortium formed for Cawang-Bekasi road JAKARTA (JP): State toll road company PT Jasa Marga and four local companies agreed yesterday to form a consortium to build the Rp 1.4 trillion (US$593.2 million) Cawang-Bekasi toll road in the city's east.

Gorbachev's works on display in Bali

Gorbachev's works on display in Bali DENPASAR: Russian artist Yuri Gorbachev, a cousin of former Soviet Union president Mikhail Gorbachev, is exhibiting his paintings at the Ganesha Gallery, Hotel Four Seasons Resort, Bali.Gorbachev's exhibition started Monday and will continue until Jan. 15.

Saudis poised to return to summit of Asian soccer

Saudis poised to return to summit of Asian soccer ABU DHABI (AFP): Saudi Arabia is poised to return to the summit of Asian football when it plays United Arab Emirates in the final of the Asian Cup here today.The match will be shown live on ANteve beginning at 10.30 p.m.

Govt submits bill on futures trading

Govt submits bill on futures trading JAKARTA (JP): The government finally submitted its long- awaited bill on futures commodity trading yesterday to the House of Representatives.Minister of Trade and Industry Tunky Ariwibowo said the bill would basically provide a legal foundation for futures...