Indonesian Political, Business & Finance News

Archive: 27 April 1996

65 articles found

Four students arrested

Four students arrested JAKARTA (JP): The police yesterday arrested four technical high school students who allegedly killed another high school student in a fight on Jl. Taman Puring in South Jakarta. South Jakarta Police Chief Lt. Col. Sisno Adiwinoto said the victim, Fuadi Suhaimi, a student of STM aviation technical high school, was allegedly attacked by the four students of STM Purnama technical high school on March 21.

'CNN' to cover local art festival

'CNN' to cover local art festival PADANG, West Sumatra: The international television network CNN will cover the Pariaman local culture festival, Tabuik, which will be held from May 19 to May 30, Antara reported yesterday. Deputy Mayor of Pariaman Marthias Mahyudin said that the festival is expected to draw an even greater number of visitors than last year, which attracted 500,000 tourists, he said. (01)

Mercedes-Benz truck company turns 100

Mercedes-Benz truck company turns 100 By Russell Williamson Daimler-Benz is preparing to celebrate 100 years of manufacturing trucks, making it the oldest commercial vehicle maker in the world. As the parent company of Mercedes-Benz, Daimler-Benz has come a long way in those 100 years with its vehicles, both commercial and passenger cars, now recognized as being at the forefront of automotive technology.

Surabaya names 10 best women achievers

Surabaya names 10 best women achievers JAKARTA (JP): Surabaya named its top 10 women achievers last week in conjunction with Kartini Day on April 21. The ranking, the first in the capital of East Java, was announced at the Celebrate Women Gala Dinner held by Hotel Garden Palace in cooperation with Satelindo, the Association of Indonesian Secretaries, the local Surya daily and Professional Training Service. The following women made it into the top ten: Syahadah Amilia Th.

Freeport to boost output

Freeport to boost output ZURICH (Reuter): Freeport-McMoran Pacific plans to further expand gold and copper output by 1999 at its resource-rich property in Indonesia's Irian Jaya province, president and chief operating officer Louis Clinton said. Gold production is due to rise to 2.0 million ounces from an estimated 1.65 million this year and copper output will jump to 1.5 billion pounds from 1.1 billion, Clinton told a gold conference in Zurich.

Indonesian food

Indonesian food From Merdeka The "I love Indonesian food" campaign, initiated by the ministry of health, should be promoted because Indonesia's numerous regions provide the country with a great diversity of food. Every region's specialty has a special taste and is palatable. The ministry of health's civil servants' Dharma Wanita wives group recently held an exhibition of Indonesian food at the Manggala Wanabakti building in South Jakarta.

Student brawls

Student brawls The recent student brawl that claimed the life of a Trisakti University student has caught my attention. The student was mobbed by a group of high school students following an exchange of nasty words. I don't understand what's wrong with young people today. It seems that raping, stabbing, torturing and fighting have become extra curricular activities. When I was studying abroad a couple of years ago, the students there were nice and friendly.

Anglo-Malaysian TVR ready soon

Anglo-Malaysian TVR ready soon The first car to be made in Asia by British sports carmaker TVR is set to roll out of its Malaysian factory this month, according to the New Straits Times. The company plans to make 1,000 Chimeras a year with the local market getting 15 of these cars a month. The rest of the vehicles, which use many local parts but get their engines and transmissions from Britain, will be exported to other Asian markets, possibly including Indonesia.

Form impotency to baldness

Form impotency to baldness JAKARTA (JP): A Semarang doctor has warned men suffering from impotency to stay away from the 'tapak doro' leaves that are popularly touted as an effective cure to their problem. The herbal medicine has a terrible side effect -- it may cause baldness, Susilo Wibowo of the Kariadi hospital in the Central Java city was quoted as saying by Antara yesterday. The leaf is also harmful to the liver, Susilo said during a seminar on treating impotency organized by the hospital.

University seats for natural sciences up 10%

University seats for natural sciences up 10% JAKARTA (JP): Indonesia's 89 state universities will accept 10 percent more students for natural sciences programs this year as a way of preparing the nation for the stiff world competition of the future, an official says. Director General of Higher Education Bambang Soehendro urged the state universities to effectively make use of their facilities so they can accept more students without compromising their standards.

Impact of nuclear energy

Impact of nuclear energy From Forum Keadilan I congratulate the government on its plan to develop nuclear energy, but there is something crucial to be considered: Whether we are competent enough to control the impact it will have on the environment. On Sept. 11, 1992, the director general of National Atomic Agency established a special regulation concerning the responsibility of the staff in the nuclear installation in case of a radiation leak.

India and RI to set up software ties

India and RI to set up software ties JAKARTA (JP): India and Indonesia will cooperate in developing and exporting computer software products, Secretary-General of the Ministry of Tourism, Post and Telecommunication Jonathan L. Parapak said yesterday. PT Sisindosat, PT Pan System and PT Inti of Indonesia and Infotech of India signed a memorandum of action to develop and export computer software products during a three-day workshop on information technology, which was closed here yesterday.

Harmoko ends 'tour of nation' in South Sulawesi

Harmoko ends 'tour of nation' in South Sulawesi JAKARTA (JP): Golkar chairman Harmoko yesterday completed his two-year tour of the nation to meet cadres of the ruling political group, an activity which his political opponents say smacks of electioneering.

Flare-up in Ujungpandang

Flare-up in Ujungpandang Reports of the violence that rocked South Sulawesi's provincial capital of Ujungpandang last week have been confusing. Three students died during four days of rioting, reportedly because they fell into a river while being pursued by soldiers. According to Lt. Gen. Soejono, the Armed Forces chief of staff for general affairs, no shots were fired by the soldiers.

Ujungpandang still tense after students protest

Ujungpandang still tense after students protest UJUNGPANDANG, South Sulawesi (JP): The massive student protests against a public transport fare increase which began on Monday and led to three deaths, started to die down yesterday although the situation remains tense. Smaller groups of students from four private universities were still seen staging sporadic demonstrations, burning tires, and setting up roadblocks.

Show cars provide designs for the future

Show cars provide designs for the future By Bernie Walsh Nothing grabs more attention, earns more media space, or stimulates more conversation than the often-radical concept vehicles that appear at leading international car shows. Indonesian consumers are likely to be treated to a range of these concepts of the automotive future at this year's Association of Indonesian Automotive Industries Jakarta Auto Show, to be held at the Jakarta Convention Center from July 24 to August 5.

Indonesia expects to receive triple-B credit rating in 2000

Indonesia expects to receive triple-B credit rating in 2000 JAKARTA (JP): Indonesia expects to receive a high-triple-B credit rating from Salomon Brothers by the end of the decade for its economic reform and deregulation achievements, say analysts at the investment bank.

Expert welcomes plan to upgrade teachers

Expert welcomes plan to upgrade teachers JAKARTA (JP): An education expert welcomed the government's plan to upgrade teachers who are not university graduates, but expressed reservations over the call for them to pay their own way through the program. Marsetio Donoseputro, a legislator of the House Commission IX, which oversees education, told The Jakarta Post that most teachers will find it difficult to continue their education without some financial assistance.

ASEAN agrees to liberalize farm trade by 2010

ASEAN agrees to liberalize farm trade by 2010 By Vincent Lingga SINGAPORE(JP): The Association of Southeast Asian Nations (ASEAN) agreed yesterday to liberalize farm trade by 2010, seven years after the full implementation of its free trade area, but sticky issues remain concerning tariff levels.

Plaza Senayan asked to accommodate small traders

Plaza Senayan asked to accommodate small traders JAKARTA (JP): The management of Plaza Senayan must accommodate small-scale traders, Minister/State Secretary Moerdiono said yesterday. Moerdiono, who heads the agency which manages the Senayan sports complex (BPGS), made this statement during the grand opening of the shopping mall. The soft opening was held last November. "We have asked the management to provide space for traders," Moerdiono told an audience of some 500 people.

Australian wanted on child molesting charge

Australian wanted on child molesting charge JAKARTA (JP): West Nusa Tenggara police have put an Australian suspected of child molestation and of running a sex ring in Central Lombok regency on its list of wanted suspects. "We have been keeping him under surveillance for some time," Police Chief Col. Mudji Santoso said.

Kidnapped child returns to school

Kidnapped child returns to school BOJONEGORO, East Java: Nurhadi, the 12-year-old boy who recently escaped abduction, has returned to school. Nurhadi said he was kidnapped on March 7 by a man who forced him to beg for over a month in many cities. Antara reported that his teacher, Sri Ismini, said Nurhadi was allowed to resume his education despite the many days of absence because the child did not leave school intentionally. "It's a tragedy," Sri said. (01)

Four-day-old quadruplet boy passes away in hospital

Four-day-old quadruplet boy passes away in hospital JAKARTA (JP): One of the newly-born quadruplets born on Tuesday at the Cipto Mangunkusumo General Hospital died yesterday. The cause of the baby boy's death has not yet been disclosed. Qualified personnel at the hospital in Central Jakarta were not available for comment yesterday morning. The baby's death, however, was confirmed in the late afternoon by a doctor in the children's intensive care unit.

World-class teams try out Medan rally

World-class teams try out Medan rally JAKARTA (JP): Batu Lokong Bagerpang must be somewhat like Lorelei in the third leg of the world rally championship in Medan, North Sumatra, from May 10 to May 12. For the particularly tricky special stage, which covers a distance of 12.35 kilometers, has lured five world-class teams to complete their warm-ups there.

ASEAN calls for review of labor standards

ASEAN calls for review of labor standards BANGKOK (AFP): Labor ministers of the Association of Southeast Asian Nations (ASEAN) called yesterday for the review of international labor standards, rejecting any linkage with trade issues. "Any such linkage would seriously undermine the economic growth of developing countries which in turn would affect the economy of the developed nations," said a joint communique of the 11th ASEAN Labor Ministers Meeting.

New school for Legend City

New school for Legend City JAKARTA (JP): Iman Pengharapan & Kasih foundation signed an agreement yesterday with PT Putra Alvita Pratama, a housing developer, to provide the Legend City housing complex in Bekasi with an education facility. The chairman of the foundation, Lukas Jethrokusumo, plans to build a preschool, elementary, junior and high school in the complex.

Australian envoy to visit East Timor

Australian envoy to visit East Timor DILI, East Timor: Australian Ambassador Allan R. Taylor will start a five-day visit here today, during which he will meet with, among others, Governor Abilio Jose Osorio Soares and Dili Bishop Carlos Felipe Ximenes Belo. Antara reported yesterday that Taylor will also visit a number of development projects financed with Australian aid. The news agency said the visit will also be a farewell from Taylor whose term in Indonesia will soon end.

Bimantara Citra to go ahead with national car plan

Bimantara Citra to go ahead with national car plan By Russell Williamson Bimantara is expected to go ahead with the production of a national car to rival the Timor car. Although there has been no official confirmation of the project, several Asian newspapers have reported that the president of PT Bimantara Citra, Bambang Trihatmodjo, has announced the project will proceed. The company is also in the process of building a new factory at Bekasi, which could be used to build the new car.

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. (in English). * All Saints' Anglican Church (opposite The Aryaduta Jakarta), Jl. Arif Rahman Hakim No. 5, Central Jakarta: Services on Sunday at 7:30 a.m., 9 a.m. with Sunday School.

Hengky, Eddy to Macao tourney

Hengky, Eddy to Macao tourney JAKARTA (JP): Veteran pair Hengky Lasut and Eddy Manopo will represent the national team in the Far East Bridge Championship in Macao from May 17 to May 25. The North Sulawesi Bridge Association, to which the pair belongs and which will also send its own teams to the meet, wanted to have the pair on its team. The Indonesian Bridge Association, however, ruled that the two veterans should be on the national team.

New KLM, Merpati routes

New KLM, Merpati routes JAKARTA (JP): Starting on May 1, state-owned PT Merpati Nusantara and the Netherlands' KLM Royal Dutch Airlines will be serving new routes. Merpati will be flying Jakarta-Kuala Lumpur and KLM will serve Amsterdam-Surabaya. According to Merpati, the new Jakarta-Kuala Lumpur route is part of the company's border-crossing programs meant to optimize its aircraft operations and bring in more revenues.

'Awani Dream' sets sail on peace mission

'Awani Dream' sets sail on peace mission JAKARTA (JP): Awani Dream cruiser, in cooperation with a Japanese peace campaigner group, will undertake a 90-day peace mission around the world from December this year through March next year. Awani Dream, which belongs to the Modern Group, will carry mostly activists of the Tokyo-based Peace Boat who will tell people in every port they call at their version of Japan's role in World War II.

Myrna Setiawan, an Indonesian success story in the music world

Myrna Setiawan, an Indonesian success story in the music world By Franki Raden JAKARTA (JP): The marvel of Indonesian classical music during the New Order government is the rise of pianists of international repute. Irawati Soediarso, Rudi Laban and Sutarno Sutikno, for instance, have all secured senior rankings. A question remains, though. Why have these piano virtuoso cut short their stage careers to concentrate on teaching?

Lecturer laments student apathy

Lecturer laments student apathy BOGOR, West Java (JP): A university lecturer has criticized Indonesia's students, saying that they generally tended to be individualistic, apathetic and unaware of what is going on in society. "Many of today's college students only want to finish their studies as soon as possible, and then secure jobs that can support them financially, that's all.

Top chess player Utut to get foreign coach

Top chess player Utut to get foreign coach JAKARTA (JP): One tough tournament in Madras, India, is insufficient early-year practice for Indonesia's top chess player Utut Adianto who is bidding to better his world ranking this year, according to his manager Eka Putra Wirya. He needs to further his skills under the tutelage of a foreign coach before participating in several major events starting in July, Eka explained.

Toyota Astra to start producing mass-market sedan

Toyota Astra to start producing mass-market sedan By Russell Williamson By mid-1998, Toyota Astra Motors is expected to begin building a new small sedan to meet the transport needs of the mass-vehicle market. The car is being developed by Toyota Motor Corporation in Japan under the Affordable Family Car (AFC) project but will be built exclusively outside of Japan. The car is being designed as a sedan alternative to volume- selling commercial-derived vehicles such as Toyota's Kijang.

RI attracts Australian racing heavyweights

RI attracts Australian racing heavyweights By Alexander Corne Indonesia's growing status in world motorsport could draw in Australian motor racing talent. Former Formula 1 driver and ex-world champion Alan Jones who runs a V8 sedan touring car team said Australian racers could look at staging events in Asia, as the region comes of age as a motorsport venue. This interest is partly fueled by this years' Australian ban on cigarette sponsorship in sport.

Review on new market permit

Review on new market permit JAKARTA (JP): Central Jakarta Mayor Abdul Kahfi has confirmed the plan to temporarily relocate traders of the Kenari market on Jl. Matraman Raya. Kahfi was quoted as saying by Antara on Thursday that the market would be renovated, and some 450 traders would be allowed to open their businesses on the roadside of Jl. Matraman Raya for about six months until the renovations are completed.

Ramos opens first EAGA Games

Ramos opens first EAGA Games GENERAL SANTOS, Philippines (Reuter): President Fidel Ramos formally opened the first East Asian Growth Area (EAGA) Friendship Games on Thursday, bringing together 700 athletes from Brunei, Indonesia, Malaysia and the Philippines.

Jakarta crime investigation office gets new chief

Jakarta crime investigation office gets new chief JAKARTA (JP): City Police Chief Maj. Gen. Hamami Nata yesterday installed Col. Paimin Aboeamar as head of the Jakarta Crime Investigation Directorate, replacing Col. Adang Rismanto. Adang, who holds an MBA degree, held one of the most important posts at the national police headquarters for the shortest time ever -- only two and a half months.

Boris Yeltsin tries hard to please G-7 and China

Boris Yeltsin tries hard to please G-7 and China While Russian and Chinese leaders undoubtedly hoped to put pressure on the U.S. and other industrialized countries through their display of summit amity in Beijing, beneath the surface things were not that simple. Boris Yeltsin was aiming to please both the G-7 and China, as well as improve his electoral prospects. The Jakarta Post's Asia correspondent Harvey Stockwin suggests that China was also concerned with sustaining its nuclear ambitions.

'Awesome' action kids venture into opera

'Awesome' action kids venture into opera By Parvathi Nayar Narayan JAKARTA (JP): What happens to relationships when you move to a new country? When you and the friends you leave behind, inevitably grow in different ways and make new friends? Is there a common bond that will unite you? How do you cope with jealousy, dislocation and feeling out of place? These are some of the surprising questions explored by the opera Choosing Between Two.

Poll watchdog's Jakarta branch formed

Poll watchdog's Jakarta branch formed JAKARTA (JP): Under the watchful eye of police, activists yesterday issued a public declaration formally announcing the formation of the Jakarta branch of the Independent Election Monitoring Committee (KIPP). "As a concrete step in helping to develop a democratic attitude and people's political participation, an independent body needs to be established as a control mechanism in the election," said the chief of Jakarta's KIPP presidium Garda Sembiring.

American carmakers eye Asia

American carmakers eye Asia By Russell Williamson The United States big three carmakers, General Motors, Chrysler and Ford are targeting Asian countries from Japan to Indonesia in an attempt to catch up with Japanese manufacturers' dominance in the region. According to a report in Ward's Automotive International, the Asia Pacific region's car market outside Japan is expected to reach six million vehicles this year rising to 8.5 million by 2000.

Taxes on property revised

Taxes on property revised JAKARTA (JP): The sales of low-cost houses by real estate developers are now subject to a final income tax of 2 percent, while the tax rate on the sales of other types of houses, including their land sites, is set at 5 percent, a government regulation says. A spokesman for the Ministry of Finance said yesterday that Government Regulation No. 27/1996, which amends Government Regulation No.

No Paper

No Paper In observance of the Idul Adha Islamic Day of Sacrifice, the Sunday edition of The Jakarta Post will not be published tomorrow. The Post will appear again on Monday. -- Publisher

Soeharto expected to open Jakarta Fair

Soeharto expected to open Jakarta Fair JAKARTA (JP): President Soeharto is expected to open the 29th Jakarta Fair, which will be held in Kemayoran, Central Jakarta from June 15 to July 14, Governor Surjadi Soedirdja said yesterday. "The fair will open at 3:00 p.m. and close at 10:00 p.m. Monday through Friday. On Saturdays and Sundays, the fair will open at 10 a.m.," he said.

Wallet returned intact

Wallet returned intact It seems that whenever I read the "Your Letters" section of The Jakarta Post, there is invariably a complaint or a criticism about something or someone. So, it is a pleasure to be able to write and compliment someone: Mr. Asep, driver of Silver Bird Taxi number S039. Last week a colleague on a brief visit to Jakarta lost his wallet containing cash, credit cards etc., and could not remember where it had been misplaced.

Plaza Indonesia buys 55% stake of Duta Nusa

Plaza Indonesia buys 55% stake of Duta Nusa JAKARTA (JP): Publicly-listed property company PT Plaza Indonesia Realty yesterday obtained approval from its shareholders to purchase a 55 percent stake of PT Duta Nusa Bina Lestari at Rp 139 billion (US$59 million). Duta Nusa, which is partially owned by Bimantara, is the owner of a plot of land previously owned by the Russian Embassy, which was located next to Plaza Indonesia's properties Grand Hyatt Hotel and Plaza Indonesia shopping center on Jl.

Yogie denies allegations of 'political census' in villages

Yogie denies allegations of 'political census' in villages JAKARTA (JP): Minister of Home Affairs Moch. Yogie S.M. yesterday denied reports that East and Central Java neighborhood chiefs have been campaigning door-to-door for Golkar, the ruling political group, ahead of next year's election. Yogie said the allegations that neighborhood chiefs have been conducting a "political census" are unfounded.

Telkom and Garuda to aid Air Show '96

Telkom and Garuda to aid Air Show '96 JAKARTA (JP): State-owned telecommunications company PT Telkom and national flag carrier PT Garuda Indonesia yesterday agreed to participate in the 1996 Indonesia Air Show (IAS '96) by providing facilities for the week-long event in June. The cooperation agreement was signed by Bambang Riady Oemar, the head of Telkom's Jakarta office, and Hadinoto Sudigno, the head of Garuda's workshop division, in a ceremony attended by Telkom's president, Setyanto P.

Teacher assaults student

Teacher assaults student BANDAR LAMPUNG, Lampung: Mariyah Suwarsih, a first year student of a local junior high school, fainted and had to be hospitalized after her teacher hit and kicked her for standing out of line before entering the classroom. Antara reported that Mariyah's friends could only watch helplessly as the teacher assaulted her last Thursday. They then picked her up and carried her to the teachers' lounge. After failing to revive her, the teachers took her to Pringsewu Hospital.

RI's current account deficit lower than expected

RI's current account deficit lower than expected JAKARTA (JP): Indonesia's current account deficit for the 1995/1996 fiscal year is now expected to be below the official projection of US$7.9 billion, reliable sources at Bank Indonesia said yesterday. "Our actual current account deficit for last fiscal year is likely to be lower than the government's projection of $7.9 billion as a result of the government's measures to cool down the overheating economy," one of the sources said.

Australian car companies seek RI business

Australian car companies seek RI business By Russell Williamson Indonesian vehicle manufacturers and component suppliers have a substantial list of Australian automotive companies wanting to supply products or develop joint venture operations as the local car industry primes itself for expansion.

Padang people lose citizenship

Padang people lose citizenship PADANG, West Sumatra: An immigration officer has said that a group of West Sumatrans have lost their Indonesian citizenship after working abroad for years and failing to report to local Indonesian embassies. West Sumatrans are known for their love of traveling. "West Sumatran workers in Malaysia, for instance, lost their citizenship after working there for five years and failing to report to the Indonesian embassy there," R.

Chairil Anwar

Chairil Anwar Forty seven years ago tomorrow, a great poet untimely departed this world, leaving a treasure of poetic works as a national heirloom. He was undoubtedly a great and prolific poet whose works were a phenomenon in modern Indonesian literature. Poeta nascitur, non fit, said the ancient Romans, a poet is born, not made. No wonder no one can teach how to compose a poem.

Where to go in Jakarta:

Where to go in Jakarta: Music * Hotel Dai-ichi, Jl. Senen Raya 135, Central Jakarta. - Mezzanine Lounge: The Praise Vocal Group, Nightly except Sundays, from 8 p.m. to 11 p.m. * Hotel Aryaduta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Los Morenitos Vocal Group, Sunday, Thursday, Sunday from 7:15 p.m. to 11 p.m.; Los Paraguas Vocal Group, Tuesday, Wednesday, Friday, Saturday from 7:15 p.m. to 11 p.m.

Cohabitation

Cohabitation Some newspapers and magazines carried a report recently headlined 'A preacher in Jakarta married a girl illegally'. He is accused of practicing 'kumpul kebo' or co-habitation. It was reported in Surabaya, East Java, that the Surabaya Civil Registry Office refused to register the couple because their religion is Confucianism, and their wedding ritual was conducted in Boen Bio, a Confucian temple in Jl. Kapasan, Surabaya. Then through their lawyer, Trimoelja D.

Quiet library

Quiet library From Republika I was saddened on reading the article published in Republika (March 26, 1996) entitled 'Perpustakaan yang kesepian' (unfrequented libraries). Why are libraries, particularly the National Library on Jl Salemba Raya in Central Jakarta, not used? To be admitted to the National Library one must at least be in the third year of senior high school, making the other junior students ineligible for membership.

Update bankruptcy laws

Update bankruptcy laws By Dewi Anggraeni MELBOURNE (JP): While entering the world of global economy in leaps and bounds, Indonesia's legal infrastructure has not quite caught up with the time. We inherited our bankruptcy law for instance, Faillisement Verordening, from the Dutch Colonial legal structure of 88 years ago. Hence, early last month, Dr.

Police question factory executives on pollution

Police question factory executives on pollution JAKARTA (JP): The West Jakarta police have interrogated executives of a briefcase factory following the death of a woman and the hospitalization of four other people for respiratory problems. "So far we have not reached any conclusions," the outgoing West Jakarta police chief, Lt. Col. Hari Pribadi, told The Jakarta Post yesterday. On Wednesday, a 33-year-old housewife died in Kapuk sub- district in Cengkareng.

Bus drivers shake off old and dirty image

Bus drivers shake off old and dirty image By Imran Rusli JAKARTA (JP): "They sure make my heart beat faster," says Bonita, a student of a South Jakarta university. No, she is not talking about Mel Gibson, Sylvester Stallone, Tom Cruise or Richard Gere. She is referring to Jakarta's bus drivers, the one with shiny shoes, neatly pressed shirts and ties. Gone is the old, unruly and smelly image of the city's bus drivers.

BMW not afraid of lastest Mercedes opposition

BMW not afraid of lastest Mercedes opposition By Russell Williamson BMW's 7-Series is set to get its first serious competition in the top end of the luxury car market when Mercedes-Benz launches its flagship S-Class later this year. However, sales executives at PT Tjahja Sakti Motors, the local assemblers and distributors of BMW, are quietly confident the S- Class will make little difference to the sales success of the BMW 730iL.

Stock Exchange

Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on April 26, 1996: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,000 25 3,500 AHAP Insurance 2,800 0 0 Alumindo Perkasa 900 0 0 Andayani Megah 1,625 -25 183,500 Aneka Kimia Raya 4,300 0 171,500 Anwar Sierad 2,500 -50 182,500 Aqua Golden Mississippi 2,300 0 0 Argha Karya Prima Industry 3,250 50 800,000 Argo Pantes 2,125 0 5,000 Asahimas Flat 2,875 25 1,930,500...

RI, Malaysia plan more palm oil-based products

RI, Malaysia plan more palm oil-based products KUCHING, Malaysia (Reuter): Malaysia and Indonesia plan to expand their oleochemical and downstream palm oil industries in a big way to retain their share of the global vegetable oils market, officials said.