Indonesian Political, Business & Finance News

Archive: 12 March 1996

47 articles found

Australia defends Asian commitment

Australia defends Asian commitment CANBERRA (Reuter): Australia's new conservative government yesterday again defended itself from persistent claims it would turn its back on Asia -- this time from a former Indonesian ambassador to Australia.

Mayoralty stops issuing permits to 22 developers

Mayoralty stops issuing permits to 22 developers JAKARTA (JP): The West Jakarta mayoralty has meted out administrative punishment to 22 real estate developers for not fulfilling their obligations to build social and public facilities.

Local electronic goods no longer competitive

Local electronic goods no longer competitive JAKARTA (JP): Indonesia's electronics industry, which is dependent largely on imported components, will no longer be competitive in the international market by the year 2000, an industry executive predicted yesterday.

Corruption

CorruptionFrom JayakartaMr. Julius C. Rumpak's letter in Jayakarta daily of Feb. 27 entitled "Findings of the State Audit Agency, State Debts" makes many interesting points.He says a civil servant who has committed corruption in a former post can be traced through his registration number and...

Ecolabeling to be a voluntary measure

Ecolabeling to be a voluntary measure JAKARTA (JP): The International Tropical Timber Organization (ITTO) said yesterday that ecolabeling will not become a non- tariff trade barrier in the future because the measures will be applied by tropical timber producers on a voluntary basis.

JSX gets wrong signals

JSX gets wrong signals The plunge of the Jakarta Stock Exchange (JSX) by another 23.5 points or 4.1 percent yesterday after a dive of 21 points to a five-week low last week was blamed by most analysts mainly on the wrong market signals set off by several inconsistencies in government policy over...

Gang rape verdict to be read on March 25

Gang rape verdict to be read on March 25 JAKARTA (JP): The fate of the 11 defendants being tried at the Bekasi District Court on charges of gang rape and robbery will be decided on March 25, presiding judge Pieter Poerba said in one of three separate hearings yesterday.

Bhutto invites cosmetic firm

Bhutto invites cosmetic firm JAKARTA (JP): Pakistani Prime Minister Benazir Bhutto has invited a company specializing in traditional cosmetics and herbs to her country.A public relations officer from the company, PT Mustika Ratu, said Bhutto met with director Mooryati Soedibyo on Friday for 15...

Bekasi lacks recreation centers

Bekasi lacks recreation centersFrom SinarPeople visit recreation centers to refresh and to entertain themselves. But Bekasi residents have to go to Jakarta or its neighboring regencies like Puncak and Bogor in West Java.

ASEAN's plan to police the Internet face problems

ASEAN's plan to police the Internet face problemsBy Roberto Coloma SINGAPORE (AFP): Plans to police the Internet in ASEAN member states have drawn mixed reviews in the region, where attempts to curb access or censor content could run into political opposition and technical snags.

Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Dai-ichi, Jl. Senen Raya 135, Central Jakarta. - Mezzanine Lounge: Solo Pianist, daily from 7:30 p.m. to 10:30 p.m., opening hours Monday to Sunday 11 a.m to 1 a.m. * Hotel Aryaduta, Jl.

Soeharto's renomination challenged

Soeharto's renomination challenged JAKARTA (JP): The growing support for President Soeharto to stay in power beyond 1998 was publicly challenged yesterday by activists of the Center of Information and Action Network for Reformation (Pijar).

Bomb in a parcel

Bomb in a parcel Recently there was shocking news in Tanjung Balai, North Sumatra. An explosive parcel went off in a car on March 6, at 10 a.m., and wounded Rustam Effendy Panjaitan, 33. The parcel contained a bomb, which looked like a tape recorder.

China escalates Taiwanese crisis

China escalates Taiwanese crisis As earlier predicted by The Jakarta Post's Asia Correspondent Harvey Stockwin, China is continuing to dangerously escalate its relations with Taiwan, with scant regard for regional stability.

Kupang to become new municipality

Kupang to become new municipality KUPANG, East Nusa Tenggara: To welcome the promotion of Kupang to the status of municipal city on March 20, the governor has called on the public to renovate the city.Herman Musakabe told the people to demolish useless old buildings and remove eyesores.

Rural development still top priority

Rural development still top priority JAKARTA (JP): Rural development is to remain the government's chief priority in developing the country so long as there are backward villages to be found, President Soeharto said yesterday.

Vandalism affects Freeport mining work

Vandalism affects Freeport mining work JAKARTA (JP): PT Freeport Indonesia closed down its mining operation in Tembagapura, Irian Jaya, yesterday after it suffered a series of acts of vandalism over the weekend.The shutdown is a "precautionary measure", Edward J.

Murder suspect tells court of police brutality

Murder suspect tells court of police brutality JAKARTA (JP): The suspect in a murder told a court here yesterday that he was beaten in police detention."I was beaten black and blue before I was investigated," Philipus, 47, told the East Jakarta court.

Govt promises to keep AIDS carriers' identities secret

Govt promises to keep AIDS carriers' identities secret JAKARTA (JP): The Ministry of Health yesterday gave assurances that the identity of people who have the Human Immunodeficiency Virus or the Acquired Immune Deficiency Syndrome will be kept secret.

Indonesians look to restore old order at All England

Indonesians look to restore old order at All England LONDON (Reuter): Indonesians will be looking to restore the old order at this week's All England badminton championships ahead of the Atlanta Olympics.

Singer's killer at large

Singer's killer at large JAKARTA (JP): The police are still hunting the killer of a local rock singer in East Jakarta.A detective from the Pulo Gadung police sub-precinct said yesterday that the police believe the killer is Slamet, a known hoodlum in the area.

Short-sighted policy motivates missile firings

Short-sighted policy motivates missile firings HONG KONG (JP): High above Indonesia as you read this, somewhere in the stratosphere above the Northern Hemisphere, a large Chinese spy satellite is now entering its death throes.

Asian stocks plunge after Wall Street drop

Asian stocks plunge after Wall Street drop SINGAPORE (AFP): Investors across the Asia-Pacific dumped shares yesterday after being spooked by the steep plunge in Wall Street and the specter of war in the Taiwan Straits.

Asians express concern over China-Taiwan crisis

Asians express concern over China-Taiwan crisis HONG KONG (Reuter): Asian officials and political commentators voiced growing concerns yesterday over heightening China-Taiwan tensions and urged restraint on all sides.

Govt debt prepayment to continue

Govt debt prepayment to continue JAKARTA (JP): The government plans to continue the prepayment of its high-interest borrowing next fiscal year to further bring down its already declining external debts, Minister of Finance Mar'ie Muhammad said yesterday.

Singapore immigration

Singapore immigration I am an Indonesian citizen, married to a Singaporean. On Feb. 28, 1996 I left Jakarta for Singapore by Garuda, after having spent a holiday in West Java.At Changi airport, an immigration officer examined my passport, later he passed it to his colleague.

Railway station becomes market

Railway station becomes marketFrom NeracaThe Jakarta Administration is forever calling rogue traders to order for trading outside of areas set aside for them. The railway company in Lenteng Agung, South Jakarta, used to provide certain traders with kiosks within the station premises.

Kobatama clubs seek foreign players

Kobatama clubs seek foreign players JAKARTA (JP): Two Indonesian Basketball League (Kobatama) clubs plan to recruit foreign players in Los Angeles prior to the new season that begins next month.The league's administrator Budi Rustanto said yesterday that representatives of the clubs, Indonesia Muda...

PTT Telecon and Setdco buy Telkomsel shares

PTT Telecon and Setdco buy Telkomsel shares JAKARTA (JP): PT Telkomsel, a global system of mobile communications (GSM) operator, sold 22.5 percent of its shares last night to PTT Telecom of the Netherlands and the Setdco Group.

Job seekers flood Bekasi

Job seekers flood Bekasi JAKARTA (JP): The number of new job seekers in Bekasi, 30 km southeast of the city, has significantly increased after the Idul Fitri holiday last month, according to data from the local manpower ministry office.

Attacks will not affect talks with Moros: Official

Attacks will not affect talks with Moros: Official MANILA (AFP): Bomb attacks by Moro rebels on Christian targets in the southern Philippines will "have no effect" on the Philippine government's peace negotiations with the main Moslem insurgent group, an official said yesterday.

Minas sold with premium

Minas sold with premium SINGAPORE (Reuter): U.S. refiner Chevron Corp has clinched two new contracts to sell two Japanese trading houses 5,000 barrels per day (bpd) each of Indonesian Minas crude for one year, close sources to the company said yesterday.

Rainfall becomes less predictable

Rainfall becomes less predictable BANDUNG, West Java (JP): Seasonal rains are becoming less predictable, with the dry season receiving more rainfall than it used to and the rainy season experiencing less, a weather expert says.Zadrach L.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 11, 1996: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 875 -100 20,000 AHAP Insurance 2,800 0 0 Alumindo Perkasa 1,375 0 0 Andayani Megah 1,850 -50 29,000 Aneka...

Reclamation plan still in trouble

Reclamation plan still in trouble SEMARANG, Central Java: The government of Central Java and legislators are still divided over the controversial plan to reclaim the coastal areas of the provincial capital.

Girl witnesses mother's murder

Girl witnesses mother's murder MEDAN, North Sumatra: A six-year-old girl, believed to be the key witness in her mother's murder, is still traumatized by the tragedy and is presently undergoing medical treatment,Antara, quoting police officials reported yesterday.

PT Jababeka gets US$50m syndicated loan

PT Jababeka gets US$50m syndicated loan JAKARTA (JP): Publicly-listed industrial estate company PT Kawasan Industri Jababeka signed an agreement yesterday on a syndicated loan of US$50 million with 15 banks.

JSX share prices close 4.1% lower on panic selling

JSX share prices close 4.1% lower on panic sellingBy Aloysius Bhui JAKARTA (JP): The Jakarta Stock Exchange (JSX) was substantially corrected yesterday as both foreign and local investors panicked after the unexpected sharp decline on Wall Street on Friday, dealers said.

RI to send 194,000 pilgrims

RI to send 194,000 pilgrims JAKARTA (JP): The number of Indonesians taking part in the haj pilgrimage this year will be just slightly over 194,000, marking the first decline for some years.The Ministry of Religious Affairs said that as of yesterday, it had submitted 194,034 passports to the Saudi...

Surjadi defends IDs operation

Surjadi defends IDs operation JAKARTA (JP): Governor Surjadi Soedirdja said the operations by officials against illegal migrants are intended to ensure that Jakartans live in humane conditions."I don't want any newcomers to become homeless in Jakarta," Surjadi said yesterday.

Indonesian team faces powerful Uber Cup draw

Indonesian team faces powerful Uber Cup draw JAKARTA (JP): Indonesia has been dubbed the red-hot favorite in the Thomas Cup men's team world badminton championship finals in Hong Kong next May, but the opposite fate looks to befall the country's Uber Cup team.

Bambang agrees to lead Indonesian Legal Aid body

Bambang agrees to lead Indonesian Legal Aid body JAKARTA (JP): Lawyer Bambang Widjojanto formally accepted his appointment to head the Indonesian Legal Aid Foundation with a pledge to give the organization's regional offices a greater say in running their own affairs.

Police arrest seven people for kidnapping

Police arrest seven people for kidnapping JAKARTA (JP): The West Jakarta police arrested yesterday seven men, including two servicemen, who had been holding two men hostage over a business dispute.Lt. Col.

Barli's works to be exhibited

Barli's works to be exhibited JAKARTA (JP): Works of the prominent painter Barli Sasmitawinata will be exhibited from March 18 to 24 at the Fine Arts Building of the Ministry of Education and Culture in Gambir, Central Jakarta.

Promoting Indonesian business abroad

Promoting Indonesian business abroad During her visit to Jakarta, Pakistan's Prime Minister Benazir Bhutto expressed her country's need for foreign investment. Bhutto mentioned energy, oil and natural gas, telecommunications and tourism as being among the sectors with the greatest potential.

Harmoko supports National Games

Harmoko supports National Games JAKARTA (JP): Minister of Information Harmoko has pledged the ministry's full support to help make the 14th National Games a success."Every effort will be made to enhance the dissemination of information on the Games to the public," Harmoko said.

Wage ruling upsets union

Wage ruling upsets union JAKARTA (JP): The Jakarta chapter of the All-Indonesia Workers Union is predicting trouble on a number of points in the new minimum wage regulations, scheduled to come into effect next month.