Indonesian Political, Business & Finance News

Archive: 16 March 1996

60 articles found

Governor takes on corruption

Governor takes on corruption SEMARANG, Central Java (JP): In a continued crackdown on irregularities in his office, Central Java Governor Suwardi said he would fire 125 recent recruits to his administration if allegations that they bribed their way through proved to be true.

Toll-free haj number set

Toll-free haj number set JAKARTA (JP): The state-owned international telecommunications provider PT Indosat will make it easier for Indonesians performing the haj pilgrimage this year to call home."Just dial 1-800-62 from any telephone in Saudi Arabia and the call will reach an operator in...

Garuda flight

Garuda flight I recently heard a Garuda horror story that I think excels over all the other complaints that have been voiced through "Your Letters" over the past few years. Here it is, as short as possible.

Tanoto in Malaysian deal

Tanoto in Malaysian deal SINGAPORE (Reuter): Asia Pacific Resources International Holdings Ltd. (APRIL) said yesterday it had been notified by its majority shareholder -- the Sukanto Tanoto family -- of its intention to take a majority stake in Sarawak Pulp & Paper.

Trying times for Vietnam's oil industry

Trying times for Vietnam's oil industryBy Adrian Edwards THAI BINH (Reuter): A strange sight has appeared in the Red River rice plains of northern Vietnam in recent weeks.Southeast of Hanoi, just onshore from the Gulf of Tonkin, a giant drill is suspended from a tower 100 ft (30 metres) above the...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 15, 1996: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 950 0 0 AHAP Insurance 2,800 0 0 Alumindo Perkasa 1,375 0 0 Andayani Megah 1,975 75 128,500 Aneka Kimia...

Six gold thieves still at large

Six gold thieves still at large JAKARTA (JP): East Jakarta police yesterday were still chasing the suspects in a robbery of six kilograms of gold.The Suara Pembaruan afternoon daily reported that the crime, which involved six suspects, happened on Thursday at around 4:30 p.m. on Jl. Raya Malaka.

Sexist remarks

Sexist remarks I strongly protest the statement made by Adnan Buyung Nasution -- a celebrated human rights activist -- published in the Kompas daily on March 9, 1996, concerning the election of the Foundation of the Indonesian Legal Aid Institute chairman.

Pertamina to change its oil price formula

Pertamina to change its oil price formula JAKARTA (JP): The state-owned oil company Pertamina will next month change its crude oil price formula, probably increasing prices by between 10 and 20 U.S. cents per barrel.

More provinces told to join growth triangle cooperation

More provinces told to join growth triangle cooperation JAKARTA (JP): Indonesia will propose the inclusion of more provinces in sub-regional cooperation projects involving other members of the Association of Southeast Asian Nations to boost the provinces' readiness for trade liberalization in 2003.

Indomobil to produce cheap cars

Indomobil to produce cheap cars JAKARTA (JP): Indomobil, the country's second largest car assembler after Astra International, is to launch its first low- priced sedans, with 60 percent local content, in four or five years' time.

After the Irian riots

After the Irian riots While the hostage taking drama continues, Irian Jaya has once again came into the spotlight because of the riots at Tembagapura and Timika.The uncontrolled rioting forced the Armed Forces commander to dispatch a battalion of the strategic command's swift reaction troops to the...

Britain's Fryatt shines in Indonesia Open

Britain's Fryatt shines in Indonesia Open JAKARTA (JP): Little-known Briton Edward Fryatt stole the thunder at the Indonesia Open golf championship yesterday after shooting nine birdies for a 65 to produce a new course record at the par-71 Jagorawi Golf and Country Club.

Woman tried for beating husband

Woman tried for beating husband MEDAN, North Sumatra: A 45-year-old teacher is on trial on charges of beating up her physically disabled husband who told her to end her love-affair with a bus driver.Prosecutor Elijar said in the opening trial on Thursday that the elementary school teacher, whom...

Organizers confident of trouble-free motorcycling GP

Organizers confident of trouble-free motorcycling GP JAKARTA (JP): With three weeks until the world motorcycling Grand Prix championships here, organizers claimed yesterday that they have nothing to worry about.

Eka Buana rite brings harmony to the universe

Eka Buana rite brings harmony to the universeBy T. Sima Gunawan DENPASAR (JP): Clad in traditional clothing, thousands of Hindu devotees flock to the Pura Besakih sanctuary every day to pray and volunteer for the Eka Buana ritual preparations.

Dharmala gets ISO-9002

Dharmala gets ISO-9002 JAKARTA (JP): Bank Dharmala has received an ISO-9002 standardization certificate for business operation and credits, the first given to an Indonesian financial institution."Applying the ISO-9002 is part of our commitment to continue to improve our quality in the sector of...

Canada's Bre-X looks for Busang gold partner

Canada's Bre-X looks for Busang gold partner TORONTO (Reuter): Red hot Bre-X Minerals Ltd said Thursday it will start looking this summer for a joint venture partner for its spectacular Busang gold deposit in Indonesia, which it now believes holds more than 30 million ounces.

Law doesn't allow govt to intevene in PDI: Expert

Law doesn't allow govt to intevene in PDI: Expert SURABAYA, East Java (JP): The country's law does not empower the government to intervene in the internal affairs of political parties, an expert on constitutional law said yesterday.Philippus M.

Croatia to open embassy in Jakarta to boost ties

Croatia to open embassy in Jakarta to boost ties JAKARTA (JP): Croatian Deputy Prime Minister and Foreign Minister Mate Granic is due to visit Indonesia and officially open his country's embassy in Jakarta on March 26.

Chinese in government

Chinese in governmentFrom SinarThere are about five million Chinese among the Indonesian population of 195 million. The Philippines has only about one million Chinese among its 73 million. However, in that country many Filipinos of Chinese descent hold government positions like senators,...

Cremations taboo during Eka Buana rite

Cremations taboo during Eka Buana rite DENPASAR (JP): As a devout Hindu, Nyoman Widiada has looked forward to the Eka Buana ritual, which occurs only once every 100 years. But he has had to cancel his plans to join the ritual because of an aunt's death.

PT Bukit Asam to build coal upgrading facility

PT Bukit Asam to build coal upgrading facility JAKARTA (JP): The state-owned coal mining company PT Tambang Batubara Bukit Asam plans to build a coal upgrading facility at its mining area in Tanjung Enim, South Sumatra, an executive says.Technical Director A.C.

Total overhaul demanded to revive badminton pride

Total overhaul demanded to revive badminton pride JAKARTA (JP): A total overhaul in the training of Indonesian badminton players is crucial if they are to win gold medals in the 25th Olympic Games in Atlanta, noted sports observer Mangombar Ferdinand Siregar believes.

All England a graveyard for RI players

All England a graveyard for RI players BIRMINGHAM, England (Agencies): All England is fast becoming a graveyard for the world's best badminton players as none of Indonesia's most fancied shuttler now surviving in the men's singles.

Generals close ranks on links with Golkar

Generals close ranks on links with Golkar JAKARTA (JP): Armed Forces (ABRI) Chief Gen. Feisal Tanjung joined the chorus of generals defending the controversial assertion that all military members are by definition "cadres" of Golkar, the ruling political organization.

Goenawan chairs new independent poll watchdog

Goenawan chairs new independent poll watchdog JAKARTA (JP): More than 50 journalists, lawyers, statesmen and activists founded the Independent Election Monitoring Committee (KIPP) yesterday in defiance of a military warning that their move is "unconstitutional.

Robbers make off with sedan

Robbers make off with sedan TANGERANG (JP); Three men robbed a resident of Bona Sarana Indah housing complex in Tangerang and made off with a sedan, tape recorder, 50 grams of gold and Rp 600,000 in cash yesterday.

Semen Gresik to set up finance firm

Semen Gresik to set up finance firm JAKARTA (JP): The publicly-listed cement producer, PT Semen Gresik, received approval from its shareholders yesterday to set up a finance firm in the Netherlands called Gresik Cement Finance BV, with an authorized capital of 400,000 guilders (US$241,509).

Social security claims made simplified

Social security claims made simplified JAKARTA (JP): Filing insurance claims through the government- sponsored Workers Social Security Program (Jamsostek) is expected to become simpler and faster once PT Jamsostek has implemented its new system this month.

Election monitoring body receives support

Election monitoring body receives support YOGYAKARTA (JP): Official opposition to an independent poll monitoring body will only deepen the widespread suspicion that the government has been less than honest in past elections, observers said yesterday.

Port suspends taxation

Port suspends taxation JAKARTA (JP): Jakarta's Tanjung Priok port authority has suspended a ruling which required international shipping lines using the port to pay a 10 percent value-added tax on stevedoring activities.

Soesilo's son dies

Soesilo's son dies JAKARTA (JP): One of the sons of Coordinating Minister for Political Affairs and Security Soesilo Soedarman died yesterday, a ministry staff member reported yesterday.Carono Indrokusumo Soesilo, also known as Sonny, died of a liver complication at the Kasih Ibu hospital in...

300 evicted Kedoya families refuse to leave

300 evicted Kedoya families refuse to leave JAKARTA (JP): Approximately 300 families squatting on the banks of the Angke river in Kedoya, West Jakarta, are refusing to leave the site without adequate compensation from the authorities.

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. (with songs) and 5:30 p.m. * First Church of Christ, Scientist, Jl. Teuku Cik Ditiro 48, Menteng, Central Jakarta: Services on Sunday at 9:30 a.m. (in Indonesian) and 8 a.m.

Three killed in head-on collision

Three killed in head-on collision SALATIGA (JP): Three people were killed when a minivan they were in collided head-on with a truck in the Central Javan village of Wujil on Wednesday night, police said.All three victims, including the driver of the ill-fated van, were local residents.

Flooding

Flooding With more sunny days, most Jakartans seem to have forgotten the huge floods in January and February.There is now a strong drive by the government to restore Jakarta's outskirts -- the mountains stretching from Cianjur over Puncak down to Bogor -- which in the past two decades has been...

Lonsum firms set loans

Lonsum firms set loans HONG KONG (Reuter): A two-facility syndicated term loan of US$132 million for PT PP London Sumatra Indonesia (Lonsum) and US$65 million for its parent PT Pan London Sumatra Plantation was launched yesterday, the arrangers said.

Navy nabs boat from Sabah

Navy nabs boat from Sabah ZAMBOANGA CITY, Philippines (UPI): The Philippine navy has nabbed in southern Philippine waters a motor boat carrying 117 passengers and alleged contraband goods believed to come from Sabah, Malaysia, officials said yesterday.

OPM and hostages may be in cohorts: ABRI

OPM and hostages may be in cohorts: ABRI JAKARTA (JP): A senior Armed Forces (ABRI) official says he suspects that the hostages kidnapped by the separatist Free Papua Movement (OPM) in Irian Jaya are in cohorts with their captors.ABRI Chief of General Affairs Lt. Gen.

Only one car firm to get protection

Only one car firm to get protection JAKARTA (JP): The government is turning down new proposals from automotive firms to develop "national cars", in order to benefit from its newest policy which grants luxury tax and duty breaks.

ABRI's role in the game

ABRI's role in the game The question as to what position the Armed Forces should take in general elections is hotly debated every five years.However, although the next general election is due next year, nobody raised the issue until last week, when Army Chief of Staff Gen.

Asian group grabs 20% of NZ's Brierley

Asian group grabs 20% of NZ's Brierley WELLINGTON (Reuter): An Asian consortium snatched a 20 percent stake yesterday in Australasia's largest listed investment company, Brierley Investments Ltd (BIL).The raid on the New Zealand firm at NZ$1.40 (US$0.

Sidewalk vendors

Sidewalk vendorsFrom Suara KaryaOperation Order's objective of removing the sidewalk vendors from Jl. Dalem Kaum in Bandung, West Java, is a cause for concern. The operation, involving the public order team and members of the Armed Forces, was an unpleasant sight and gave the impression that the...

Australia eyes uranium sales to Indonesia

Australia eyes uranium sales to Indonesia CANBERRA (Reuter): Australia's new conservative government said yesterday it was ending 13 years of curbs on uranium exports, angering environmentalists and a key political party which said it would seek to block sales in parliament.

Police shoot robber

Police shoot robber JAKARTA (JP): A suspected thief has been shot by a North Jakarta police officer who wanted to arrest him for a street robbery.Sukarmin, a 24-year-old jobless man, was shot in the left leg for trying to resist arrest hours after he was reported robbing Abdul Matalit, a passerby,...

No kick out of Saigon Kick

No kick out of Saigon Kick DENPASAR, Bali (JP): Many Balinese youths do not get a kick out of a Saigon Kick video clip shot in the famed Uluwatu Beach.Many of them have written letters to Bali Post and Nusa Tenggara Post, both locally-based newspapers, to protest the clip promoting The One album of...

French firm ties up with Dharmala

French firm ties up with Dharmala MANILA (AFP): France's Compagnie Generale des Eaux (CGdE), one of the world's four largest water utilities, signed a joint venture agreement yesterday with a local affiliate of Indonesia's Dharmala group, an official said.

Man shot dead for stealing from moving vehicles

Man shot dead for stealing from moving vehicles JAKARTA (JP): City police have arrested tens of people in a crackdown on robbers stealing goods from vehicles passing down highways or trapped in heavy traffic jams.

Indonesian workers

Indonesian workersFrom Forum KeadilanI am one of thousands of Indonesian workers in Malaysia. I have been working there for about one year. I was very sad to learn from a news broadcast on Malaysian TV that so many Indonesian workers enter Malaysia illegally.

Marx's books: For few eyes only

Marx's books: For few eyes only JAKARTA (JP): The National Library is probably the only government institution that has a collection of Karl Marx's books, but even reading them is subject to various restrictions.

The bronze moon and ritual battles

The bronze moon and ritual battlesBy Garrett Kam DENPASAR (JP): Most visitors to Bali usually make a brief stop at Goa Gajah (Elephant Cave) then move on quickly to the sacred springs at Tirta Empul. On a normal day, vehicles going to these two well-known sites zoom between the villages of Bedahulu...

Legal Aid Foundation's executive board installed

Legal Aid Foundation's executive board installed JAKARTA (JP): Lawyer Bambang Widjojanto was formally installed as the Indonesian Legal Aid Foundation's (YLBHI) executive board chairman yesterday amid a new row over access to bank accounts between two competing camps in the organization.

TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Ninja Turtles 3:00 News: Lintasan Berita 3:20 Sports: Basket Ball from USA 4:00 News: Lintasan Berita 4:05 Live Soccer: Basket Ball (Continued) 5:00 Evening News 5:25 Travel: My Country 5:30 Science Film 6:00 News: Lintasan Berita 6:05...

Indosat to acquire video recording firm

Indosat to acquire video recording firm JAKARTA (JP): The country's international telecommunications operator, PT Indosat, will buy a stake of up to 40 percent in PT Yasawirya Tama Cipta, a Jakarta-based private video recording firm.

'Yellow fever' hits Lahat

'Yellow fever' hits Lahat LAHAT, South Sumatra: Regent Solichin Daud has ordered residents to paint their houses, fences, shops and offices yellow, the color of the ruling political organization, Golkar.

PDI legislators end bickering over boycott

PDI legislators end bickering over boycott JAKARTA (JP): The Indonesian Democratic Party (PDI) legislators who boycotted a hearing with Minister of Information Harmoko last week agreed yesterday to end their polemic with Deputy House Speaker Soerjadi.

Sotheby's appoints RI rep

Sotheby's appoints RI rep JAKARTA (JP): The international auctioneer Sotheby's has appointed its eighth representative in Asia, Martina Sudwikatmono, a daughter of local tycoon Sudwikatmono.Martina, renown here for her ownership of franchise restaurant chains including Planet Hollywood, was...

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.

Carmakers asked to help finance city road projects

Carmakers asked to help finance city road projects JAKARTA (JP): Car producers should participate in building roads in an effort to overcome Jakarta's traffic problems, an official said yesterday.Head of the greater Jakarta area development cooperation, Andjat Lamey, said that private companies...