Indonesian Political, Business & Finance News

Archive: 15 May 1996

57 articles found

2,700 to secure 1997 election

2,700 to secure 1997 election BANDAR LAMPUNG, Lampung: The local chapter of the United Development Party has assigned over 2,700 of its members to help the government run the 1997 election.Chief of the party's provincial chapter, Sadeki Yakub, said the move is not to compete with the government's...

RI expects two 'sepak takraw' golds

RI expects two 'sepak takraw' golds JAKARTA (JP): The newly-elected chairman of the Indonesian Sepak Takraw Association, Beddu Amang, announced yesterday that the association would do its best to get two gold medals in the next Southeast Asian Games here next year.

Most Indonesians prefer mediocrity to competition

Most Indonesians prefer mediocrity to competition JAKARTA (JP): Respected scholar Sayidiman Suryohadiprojo says most Indonesians prefer mediocrity to competition.The retired Army general and former governor of the National Resilience Institute, a military think tank, said yesterday that the...

Progress of pulp, paper industry

Progress of pulp, paper industry1. The development of Indonesia's pulp and paper industry in the last five years: 1991 1992 1993 1994 1995* -------------------------------------------------------------------------- 1. Installed capacity (ton p.a.

Mitsui gets contract from PLN

Mitsui gets contract from PLN JAKARTA (JP): Japan's Mitsui & Co. Ltd and Mitsui Engineering & Shipbuilding have secured a contract worth US$70.48 million from the state electricity firm PLN to build steam generators and auxiliaries for two power units in Banjarmasin, South Kalimantan.

Where are our anthropologists?

Where are our anthropologists?From Media IndonesiaAccording to recent media reports, especially a RRI radio news broadcast on May 7, 1996, an American anthropologist discovered about 120 families of a isolated tribe in the inner part of Halmahera in eastern Indonesia.

Steady Safe to operate trains

Steady Safe to operate trains JAKARTA (JP): Publicly-listed transportation firm PT Steady Safe has approval from state-owned railway firm Perumka to develop and operate a commuter train system in Greater Jakarta.

RI policy commended

RI policy commended World Bank President James Wolfensohn's high praise on Monday for Indonesia's economic growth pattern as a model for developing countries was not meant to be a diplomatic nicety. He simply reiterated the results of the overall assessment of Indonesia's economy by the...

Govt urged to tackle infected cotton problem

Govt urged to tackle infected cotton problem JAKARTA (JP): The Indonesian Textile Association (API) has urged the government to address the problem of cavitoma-infected cotton imported by PT Argo Manunggal International from Calcot Ltd. in California, the United States.

Infrastructures needs $17b in new investments

Infrastructures needs $17b in new investments JAKARTA (JP): The government yesterday invited further private investment in clean water supply, toll roads and transportation infrastructure projects.Minister of Public Works Radinal Moochtar and Minister of Transportation Haryanto Dhanutirto revealed...

Official responsibility

Official responsibilityFrom Media IndonesiaI was shocked, dejected and furious on hearing that convict Eddy Tansil (also known as Tan Tjoe Hong) walked out of Cipinang penitentiary. It was reported earlier that Eddy Tansil received extraordinary treatment in the prison.

'SCTV' management sacks debate producer

'SCTV' management sacks debate producer SURABAYA (JP): The producer who brought together two rival politicians in a highly controversial television debate last month has lost his job at SCTV.Supandi Syahrul, the producer of the debate between Latief Pudjosakti and Sutjipto of the Indonesian...

Junior booters qualify for London

Junior booters qualify for London JAKARTA (JP): The Indonesian junior soccer team beat host Malaysia 2-1 in the grand final of the Asia-Pacific Nike Premier Cup in Mindef Stadium, Kuala Lumpur yesterday.

Critics push govt to find balance in development

Critics push govt to find balance in development JAKARTA (JP): Government critics gathered yesterday to discuss how the nation fared in terms of economic development over the past 30 years, focusing on social and economic disparity.

Bapepam urged to probe Bank Mashill case

Bapepam urged to probe Bank Mashill case JAKARTA (JP): Several analysts have urged the Capital Market Supervisory Agency (Bapepam) and the management of the Jakarta Stock Exchange (JSX) to investigate a controversial "takeover" plan of Bank Mashill.

Freedom of expression a tricky issue

Freedom of expression a tricky issue Demokrasi dalam Pasungan (Politik Perijinan di Indonesia) Edited by Hairus Salim HS and Angger Jati Wijaya Published by Forum LSM/LPSM, Yogyakarta January 1996 155 pp, Rp 8,000.

Ahold to open stores here

Ahold to open stores here AMSTERDAM (Reuter): Ahold President Cees van der Hoeven was upbeat yesterday about the Dutch food group's interests in the Far East and outlined plans to open stores in Indonesia and Shanghai later this year.

Qantas extends its RI services

Qantas extends its RI services JAKARTA (JP): The Australian flag carrier Qantas Airways will open additional routes to Indonesia later this year, visiting Australian Deputy Prime Minister Tim Fischer said yesterday.

TV programs

TV programsTVRI 2:30 p.m. Travel: My Country 2:35 Game Show: Fun House 3:00 News: Lintasan Berita 3:05 Children Program: Arena 123 3:30 TV Series: Roseanne 4:05 TV Drama: Kerja Tambah 4:30 Documentary Film: Ngusaba Samba 5:00 Evening News 5:30 Indonesian Lessons 6:00 News: Lintasan Berita 6:05...

More oil refineries needed to meet increasing demand

More oil refineries needed to meet increasing demand JAKARTA L(JP): Indonesia is in dire need of new oil refineries to meet the growing demand for oil products, Minister of Mines and Energy Ida Bagus Sudjana said here yesterday.

Politicians beg for seats

Politicians beg for seats SEMARANG: Central Java Governor Soewardi says local politicians have flooded him with letters begging him to help them obtain seats on local legislative councils or in the House of Representatives.

Monkeys beg for tourists

Monkeys beg for tourists MATARAM, West Nusa Tenggara: The mayoralty is trying to tame hundreds of wild monkeys roaming Pusuk Hill forests in a bid to attract tourists.The monkeys, which hang out along the roads in the forest, are given bananas, sweet potatoes and beans every week.

Barefaced chicanery

Barefaced chicaneryFrom Bisnis IndonesiaMy mother-in-law (who is a university lecturer and also a hajjah) was recently deceived by a group of women who called themselves "wise women" from an Islamic Boarding School in Central Java. At about 1 p.m.

Defense industry in transition

Defense industry in transitionBy Anak Agung Banyu Perwita BANDUNG (JP): The 20th century has seen more than its share of economic trauma and devastating war. In many parts of the world, actual progress in improving broad-based economic well-being has fallen far short of aspirations.

Overheated economy in control

Overheated economy in control JAKARTA (JP): Bank Indonesia Governor J. Soedradjad Djiwandono said yesterday that concerted efforts to reduce the current account deficit and control inflation would serve to keep Indonesia's economic overheating within safe limits.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 14, 1996: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 925 0 5,000 AHAP Insurance 2,800 0 0 Alumindo Perkasa 700 -25 71,500 Andayani Megah 1,475 0 129,000...

Thai PM to make minor cabinet changes

Thai PM to make minor cabinet changesBy Sutin Wannabovorn BANGKOK (Reuter): Thailand's premier will take his time to make a much-awaited cabinet reshuffle after winning a bruising no-confidence motion over the weekend, political sources and analysts said on Monday.

Can Jakartans feel at home in their city?

Can Jakartans feel at home in their city? JAKARTA (JP): From the tailors in the old market to the new Seibu department store, there's something for everyone in the Blok M shopping center.Watch and key repair shops are still in place since the renovation of the center began in 1985.

Mien finds RI presence in pageant degrading

Mien finds RI presence in pageant degrading JAKARTA (JP): Minister of Women's Affairs Mien Sugandhi said yesterday that the presence of a young Indonesian woman wearing a swimsuit at the Miss Universe pageant in Las Vegas was humiliating and debased the integrity of Indonesian women.

Rights body urged to investigate killing

Rights body urged to investigate killing JAKARTA (JP): Rights activists yesterday urged the National Commission on Human Rights to investigate last month's shooting incident in West Kalimantan, during which one protester was killed.

78 hoodlums netted in raid

78 hoodlums netted in raid JAKARTA (JP): Police have netted 78 hoodlums in various places in Central Jakarta.Central Jakarta Police Chief Lt. Col. Abubakar Nataprawira said that the raid, which started at 9 p.m on Monday, also netted six drunkards and three gamblers. The raid ended at 4 a.m.

Vietnam, S'pore strengthen ties

Vietnam, S'pore strengthen ties HANOI (Reuter): The prime ministers of Vietnam and Singapore have pledged to strengthen ties and cooperation in several areas, the Vietnam News Agency said yesterday on the first full day of a visit by Singapore's Goh Chok Tong.

Indonesia's pulp export target hard to reach

Indonesia's pulp export target hard to reach JAKARTA (JP): Indonesia has an ambitious target for pulp exports of 1.15 million tons this year, but such hopes may have to be played down if prices on the international market are unfavorable, an official says.

Pertamina sells LSWR

Pertamina sells LSWR SINGAPORE (Reuter): Indonesia's state oil company, Pertamina, plans to allocate 3.7 million barrels of low sulfur waxy residue (LSWR) in June, a company official said yesterday.He said there were no further May LSWR available beyond the 3.8 million barrels already allocated.

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, Monday,...

Detectives sharpen skills at environment course

Detectives sharpen skills at environment course SERPONG, West Java (JP): Cases of pollution and environmental damage will continue to increase if reports and complaints are not handled seriously, National Police Chief Lt. Gen. Dibyo Widodo said yesterday.

Pulp industry faces low prices and oversupply

Pulp industry faces low prices and oversupplyBy Prapti Widinugraheni JAKARTA (JP): Indonesia's burgeoning pulp and paper industry, which some analysts predict will become giant, is being hampered by price declines and oversupply issues.

Military launches Irian operation

Military launches Irian operation JAKARTA (JP): The military has launched an operation against the separatist rebels in Irian Jaya holding 11 European and Indonesian scientists hostage in the Jayawijaya regency, a senior Armed Forces (ABRI) officer said yesterday.

Indofood's profits up 37%

Indofood's profits up 37% JAKARTA (JP): PT Indofood Sukses Makmur announced yesterday that its net profits for the first quarter of 1996, ending March 31, increased by 37 percent to Rp 76 billion (US32 million) over the same period of last year.

PMI detects 39 HIV-positive donors

PMI detects 39 HIV-positive donors JAKARTA (JP): The Indonesian Red Cross (PMI) said it has taken a series of measures to screen out HIV-positive blood donated by the public, thus preventing its transfusion to patients.

Perumka complains about bills

Perumka complains about bills JAKARTA (JP): The state-owned railway company Perumka is complaining about the huge monthly electricity bills it pays for the electrical commuter trains in the Jabotabek area.

Wayang comes to the CSIS

Wayang comes to the CSIS JAKARTA (JP): The Center for Strategic and International Studies (CSIS) will stage a shadow puppet play this evening from 8 p.m. to 9:30 p.m.The play, entitled Bagaswati and Narasoma, is from the Mahabharata epic and will be presented in English by puppeteer Suhartoyo, a...

Polysindo gets BB-minus

Polysindo gets BB-minus SYDNEY (Reuter): Standard & Poor's Corp said it had placed its BB-minus corporate credit rating of Indonesian textile firm PT Polysindo Eka Perkasa on creditwatch with positive implications.

Astra Graphia's acquisition

Astra Graphia's acquisition JAKARTA (JP): Publicly-listed PT Astra Graphia, a supplier of office electronic equipment, said yesterday that it will acquire 100 percent of PT Mitracorp Footwear International with an aim to diversify its business.

Shopping centers urged to sell traditional food

Shopping centers urged to sell traditional food JAKARTA (JP): A cabinet minister has urged owners of shopping centers in the city to provide space for sellers of traditional Indonesian food, enabling such food to compete with the massive marketing of foreign cuisine here.

ACeS chooses Proton to launch its satellite

ACeS chooses Proton to launch its satellite JAKARTA (JP): PT Asia Cellular Satellite System (ACeS), a Jakarta-based mobile satellite telecommunications operator, has chosen a Russian Proton rocket for the launch of its Garuda satellite.

China-RI trade has potential: Zhu

China-RI trade has potential: Zhu JAKARTA (JP): Sino-Indonesian trade has developed rapidly since the two countries resumed diplomatic ties five years ago. Beijing now sees cooperation in the energy sector as the most important component of bilateral cooperation, China's Deputy Vice Premier Zhu...

The Ecstasy problem

The Ecstasy problem Police and customs officials have reacted quickly to the public's rising concern with the circulation of the drug Ecstasy. After the seizure of thousands of Ecstasy pills estimated to be worth Rp 1.

Golf course owners told to groom juniors

Golf course owners told to groom juniors JAKARTA (JP): Chairman of the National Sports Council, Wismoyo Arismunandar, urged golf course owners to set up clubs and recruit national golfers in a bid to improve their performance at international events.

YLKI against increase in city toll rates

YLKI against increase in city toll rates JAKARTA (JP): The Indonesian Consumers Foundation (YLKI) is against the proposal to increase the toll on the city's turnpike, and urges the House of Representatives to listen to the people before approving such a proposal.

Oetojo prepared to take the heat for Tansil's escape

Oetojo prepared to take the heat for Tansil's escape JAKARTA (JP): Minister of Justice Oetojo Oesman, facing increasing public pressure for the escape of convicted businessman Eddy Tansil, says he's ready to take the heat.

The black and white vision of Jakarta's Galeri Antara

The black and white vision of Jakarta's Galeri AntaraBy Jim Plouffe JAKARTA (JP): Yudhi Soerjoatmodjo wasn't happy. He couldn't picture himself as a salesman or a businessman."That's what my parents wanted," he now says with some guilt.

Sabrina-look-alike contest attracts over 180 entrants

Sabrina-look-alike contest attracts over 180 entrants JAKARTA (JP): Who would miss a chance to win two Air France tickets to Paris or an outfit from Cerrutti 1881 Ladies?These were the grand prizes in the Sabrina Look-alike Contest, which took place on Thursday, May 9, at the Regent Hotel in South...

Hunger strike staged to protest military

Hunger strike staged to protest military JAKARTA (JP): Seven students, including one female, began a hunger strike yesterday in protest of the military's handling of rioting in Ujungpandang, the capital of South Sulawesi, which led to the deaths of three students.

Minister again defends national automotive policy

Minister again defends national automotive policy JAKARTA (JP): Minister of Trade and Industry Tunky Ariwibowo has again defended the controversial "national car" policy, saying that the pioneer status given to PT Timor Putra National is a breakthrough for the future of the automotive industry.

Romo Mangun's religiosity is beyond all boundaries

Romo Mangun's religiosity is beyond all boundariesBy Rita A. Widiadana JAKARTA (JP): He never dreams of reaching the stars. He never feels he creates masterpieces. He never expects any reward for the things he has done.

Sudjana warns of coal-burning impact

Sudjana warns of coal-burning impact JAKARTA (JP): Minister of Mines and Energy I.B. Sudjana emphasized yesterday the importance of anticipating the environmental impact of the increasing use of coal for power generation.