Indonesian Political, Business & Finance News

Archive: 1 March 1996

46 articles found

Peni to increase capacity in 1997

Peni to increase capacity in 1997 JAKARTA (JP): PT Peni, one of two producers of polyethylene in Indonesia, has signed here an agreement with Technip and Japan Gas Corporation (JGC) to increase its capacity from 250,000 tons at present to 550,000 tons by the end of 1997.

Is conversion option for Chinese?

Is conversion option for Chinese?By Junus Jahja JAKARTA (JP): The saying goes "When in Rome do as the Romans do." So, ethnic Chinese in Thailand embrace Buddhism, in the Philippines Catholicism, in the United States, Canada and Europe they embrace Catholicism or Protestantism, and these countries...

RI wants wrestling back in SEA Games

RI wants wrestling back in SEA Games JAKARTA (JP): The Indonesian Wrestling Association pledged yesterday to battle it out to bring the sport back to the Southeast Asian Games scene next year.TB Silalahi said after being sworn in as the association's patron by National Sports Council chairman...

State budget passed unchanged

State budget passed unchanged JAKARTA (JP): The House of Representatives (DPR) predictably approved the 1996/1997 state budget plan without a single change at a plenary meeting yesterday.However members would not comment on whether they also approved a proposal to increase civil servants' salaries.

NTT eyes RI's phone market

NTT eyes RI's phone market JAKARTA (JP): The Japanese telecommunications firm, Nippon Telegraph and Telephone Corp. (NTT), plans to enter Indonesia's lucrative mobile phone market with its personal handy-phone system (PHS).

Tourism book launched

Tourism book launched JAKARTA (JP): Director General of Tourism Andi Mappi Sammeng launched yesterday the Indonesia Welcomes You! guidebook of tourist destinations in the country.The 168-page book, besides providing a general introduction of the country, contains detailed information on...

Recent drop in rupiah rate normal: Official

Recent drop in rupiah rate normal: Official JAKARTA (JP): Bank Indonesia Governor J. Soedradjad Djiwandono said yesterday that the sharp drop in the rupiah rate against the U.S. dollar earlier this week was not caused by worsening fundamentals of the country's economy.

RI vessel sinks off Singapore

RI vessel sinks off Singapore SINGAPORE (AFP): An Indonesian cargo ship capsized and sank after leaving Singapore early Thursday, but all 21 crew were rescued, the Maritime and Port Authority of Singapore (MPA) said.

Restricted zone permits in the offing

Restricted zone permits in the offing JAKARTA (JP): In an effort to relieve lingering traffic problems, the city administration plans to limit the number of private cars entering certain streets.Deputy Governor for Economic and Development Affairs TB. M.

Jakarta lakes losing function of water catchment

Jakarta lakes losing function of water catchment JAKARTA (JP): Many lakes in the city no longer function as water catchment areas due to rapid development in the capital, an official says.Tb. M. Rais, the deputy governor for economic and development affairs, said yesterday that many lakes have been...

New int'i gateways

New int'i gateways JAKARTA (JP): Director General of Tourism Andi Mappi Sammeng said yesterday that the government will open four more international gateways later this year, in addition to the 19 international airports currently in operation.

Gen. Nasution criticizes electoral system

Gen. Nasution criticizes electoral system JAKARTA (JP): Gen. (ret.) Abdul Haris Nasution, Indonesia's oldest living senior military figure, criticized the government yesterday, and particularly the President, for dominating the way general elections are run.

Floods destroy N. Jakarta parks

Floods destroy N. Jakarta parks JAKARTA (JP): Sixteen parks covering 59,400 square meters of land in North Jakarta have been destroyed by the recent floods, the head of the mayoralty park office said.Maruli Tua Manurung said yesterday the destroyed parks had inflicted around Rp 500 million...

Astra resumes work after floods

Astra resumes work after floods JAKARTA (JP): PT Astra International, Indonesia's biggest car maker, resumed car production early this week after a one week stoppage as its assembly plant was brought to a halt during the recent worst flood ever seen by the city.

Private sector to set up consortium for SEA Games

Private sector to set up consortium for SEA Games JAKARTA (JP): The government's plan to involve the private sector in financing the upcoming 19th Southeast Asian Games here in 1997 is getting closer to becoming a reality.

Trustees fail to appoint YLBHI head

Trustees fail to appoint YLBHI head JAKARTA (JP): The board of trustees of the Indonesian Legal Aid Foundation (YLBHI) failed yesterday to elect a new executive director to run the organization amidst a ruckus over the way the election is held.

Back to work on Saturdays

Back to work on Saturdays PADANG, West Sumatra: The West Sumatra provincial administration has decided that a five-day working week is not more efficient than six-day week, and not in the interest of its employees.

Multiple murderer arrested

Multiple murderer arrested SURABAYA: Police have arrested a 25-year-old man suspected of murdering an entire family on Jl. Jojoran on Feb. 16, Antara reported yesterday.The suspect, identified by his initials Sg, is a Surabaya rickshaw driver, Surabaya Police Chief Col. Rivai W said.

Analysts criticize new automotive industry policy

Analysts criticize new automotive industry policy JAKARTA (JP): Reaction to the new national automobile program has been mixed. Economists and securities analysts feel it is unfair while the Chairman of the Indonesian Chamber of Commerce and Industry Aburizal Bakrie welcomed the measure, believing...

Expensive parking

Expensive parkingFrom Media IndonesiaOn Feb. 24, 1996, we shot a commercial for Mario Cafe on the seventh floor of Seibu/Pasaraya at Blok M. The work lasted from 8:30 a.m. to 10:00 p.m.I was surprised when charged Rp 14,000 for parking (Rp1000 for each hour).

RI eyes badminton golds at Olympics

RI eyes badminton golds at Olympics JAKARTA (JP): The Badminton Association of Indonesia voiced its confidence in its players yesterday to bring home victories from the world team championships and the Olympic Games.

Star Cruise serves Medan

Star Cruise serves Medan JAKARTA (JP): Singapore-based Morning Star Travel Pte Ltd, the operator of Star Cruise ships, will license 350 travel agents in Jakarta and Surabaya to sell tickets for its MV SuperStar Gemini.

Passengers pelt train station

Passengers pelt train station TEGAL, Central Java: The town's main railway station and its office suffered extensive damage after dozens of passengers on the packed Kertajaya train from Surabaya to Jakarta went on a rampage because their journey had been repeatedly delayed.

Sticky problem

Sticky problemFrom Suara PembaruanI always drive along Jl. Tanah Abang on my way to my office and I have to pass under a flyover which is still under construction. On Feb. 6, when I arrived at the office I found that my car was spotted with cement.

Pondok Pinang inundated

Pondok Pinang inundated JAKARTA (JP): One community unit in Pondok Pinang district, South Jakarta was flooded by 40 cm of water on Wednesday afternoon.The city flood control center reported that the flood started after the level of water in the Pesanggrahan river reached 2.15 meters at 6 p.m.

ASEM to build mutual regard

ASEM to build mutual regardBy Michael Battye BANGKOK (Reuter): The Asia-Europe summit, prompted by the new world economic order, is likely to prove a watershed for two regions suffused with colonial history.

Listing of decrees to detect levies

Listing of decrees to detect levies JAKARTA (JP): The city administration is listing all provincial decrees in an effort to detect levies which are hampering economic growth."Hopefully, there are no decrees which are not in line with policies.

Global trends affect income share

Global trends affect income share JAKARTA (JP): The problem of income distribution in a country is bound to emerge as the country struggles to adjust itself to global trends, an academician says.Prof. Iwan Jaya Azis said in a scientific oration at the University of Indonesia yesterday that the...

Analysts open fire on tax breaks for new carmaker

Analysts open fire on tax breaks for new carmaker JAKARTA (JP): Several stock analysts criticized the import duty and luxury tax exemption given by the government to a newly- established automaker, PT Timor Putra Nasional, as unfair and discriminative.

Four men arrested for murder

Four men arrested for murder JAKARTA (JP): Four men were arrested yesterday for allegedly mobbing and killing a man in the Pulomas apartment complex in East Jakarta.City Police spokesman Lt. Col. Iman Haryatna said that the four men were caught five hours after the incident, in which a middle-aged...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 29, 1996: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 825 25 6,000 AHAP Insurance 2,800 0 0 Alumindo Perkasa 1,375 0 0 Andayani Megah 2,000 0 125,000 Aneka Kimia...

ABRI must regain spirit of solidarity

ABRI must regain spirit of solidarity YOGYAKARTA (JP): The Armed Forces (ABRI) must get back the spirit of solidarity it once had with the people back in 1949, when ABRI repelled Dutch military forces, P.J. Suwarno said yesterday.

Fighting levies is a tough job: Ginandjar

Fighting levies is a tough job: Ginandjar JAKARTA (JP): A senior official has called on the public not to expect too much from the recently launched campaign against official levies, given the lengthy and arduous bureaucracy involved.

Calls for compromise in PDI row gain momentum

Calls for compromise in PDI row gain momentum JAKARTA (JP): The idea that the Indonesian Democratic Party (PDI) appoints a compromise candidate to head its East Java chapter board gained momentum yesterday, although the party's leaders have not responded, at least publicly, to the idea.

Senior officials finalize draft of ASEM statement

Senior officials finalize draft of ASEM statementBy Meidyatama Suryodiningrat BANGKOK (JP): Senior officials from 10 Asian and 15 European countries yesterday held their final meeting here yesterday to wrap up the draft of the Chairman's Statement for the Asia-Europe Summit which opens today.

Govt sets up special team to curb imports

Govt sets up special team to curb imports JAKARTA (JP): The government has established a special monitoring team to curb the sharp growth in imports, noted economist Emil Salim said yesterday.Emil, the former state minister for population and environment, said that the team, established on Tuesday,...

76,000 stateless people apply for naturalization

76,000 stateless people apply for naturalization JAKARTA (JP): Minister of Justice Oetojo Oesman says 76,000 stateless people of Chinese descent have applied for Indonesian citizenship since free naturalization services were introduced nationwide last December.

Fire ravages shopping center

Fire ravages shopping center BOGOR (JP): The town's most prestigious shopping center was razed to the ground early on Thursday morning in a blaze that took more than 12 hours to put out.Personnel from the 10 fire trucks deployed to the scene at the four-story Internusa were hampered by a strong...

Suspects retract their confessions to city police

Suspects retract their confessions to city police JAKARTA (JP): Three suspects in the murder case of the family of Rohadi, brought in yesterday as witnesses for the defense of the main suspect, disavowed their earlier testimonies to city police.

Leaders arrive for ASEM

Leaders arrive for ASEMBy Meidyatama Suryodiningrat and Riyadi BANGKOK (JP): President Soeharto was among the visiting 25 government leaders who arrived yesterday to attend the opening of the inaugural summit of Asian and European leaders.

Inconsistent policy

Inconsistent policy The national automobile program, which was announced by Trade and Industry Minister Tunky Ariwibowo on Wednesday came as a painful surprise to car assemblers and everyone who longs for a viable and competitive car manufacturing industry.

Where to go in Bali:

Where to go in Bali:Music and entertainment * Grand Hyatt Bali, Nusa Dua: Pasar Senggol - Balinese Arts & Crafts, daily. Sunset Procession, daily. Ramayana Dance, Thursday. Legong Dance, Saturday. Arjuna Wiwaha Dance, Sunday. Rejang, Puspawresti, Belibis and Jaran Teji dances, Monday.

Down payment deductions

Down payment deductionsFrom KompasI bought a house in Bogor, West Java, from developer PT AM (GPG). Although the house is situated on a corner plot with more land than the other lots, I was informed by the marketing department that I need not pay for the additional land.

East Java flood threat

East Java flood threatFrom MerdekaThe recent big flood that submerged almost all of Jakarta may have been forgotten by many of us after the hectic celebration of Idul Fitri. But to those who lost most of their precious belongings and maybe even relatives in the flooding, the mere thought of another...

Rape or consensual sex?

Rape or consensual sex? BANDAR LAMPUNG, Lampung: Local police doubt a 16-year-old girl was raped, saying they have found evidence she consented to having sex with her accused attacker, Antara reported.The girl turned up at the South Lampung Police Precinct in tears during the Idul Fitri holiday...

Shipment inspection

Shipment inspection This is in response to the letter by A. Djuana (The Jakarta Post, Feb. 7, 1996). I would be glad to assist him in collating his shipping documents on future importations.The writer alleges that the pre-shipment inspection report issued by the government appointed surveyor "...