Indonesian Political, Business & Finance News

Archive: 17 May 1996

59 articles found

IPTN to sign US$200 million contract

IPTN to sign US$200 million contract BANDUNG, West Java (JP): The state-owned aircraft maker PT Industri Pesawat Terbang Nusantara (IPTN) will ink contracts worth US$200 million at the Indonesia Air Show '96 next month for the supply of 25 airplanes and helicopters.

Malaysia to boost film industry

Malaysia to boost film industry KUALA LUMPUR (AFP): Malaysia is setting up 20-million-dollar state fund to help finance film and television ventures by native Malays, Information Ministry Mohamed Rahmat said.

Indonesia takes on China in today's battle of titans

Indonesia takes on China in today's battle of titansBy Arief Suryobuwono HONG KONG (JP): Only the best cut of the Indonesian Thomas Cup squad will be fielded against China today, Badminton Association of Indonesia training director Iwan Setiawan told reporters here yesterday.

Eleven more AIDS cases detected

Eleven more AIDS cases detected JAKARTA (JP): Eleven more people with HIV were identified last month, bringing the total number to 401 nationwide, a health official said on Wednesday.Of the 11 new cases, eight of the people tested positive for HIV and the other three have full-blown AIDS, according...

'Ojek' driver found dead

'Ojek' driver found dead JAKARTA (JP): A man believed to be an ojek (motorcycle taxi) driver was found dead behind the Jakarta Fair Ground on Jl. Kemayoran in Central Jakarta.Central Jakarta Police Chief Lt. Col.

Where to go in Bali:

Where to go in Bali:Music and Entertainments * 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.

Credit extended to small businesses declines: Banker

Credit extended to small businesses declines: Banker JAKARTA (JP): The portion of bank loans extended by the country's commercial banks to small businesses has declined recently, Credit Director of Bank Indonesia Mukhlis Rasyid said Wednesday.

Eddy Tansil and psychic

Eddy Tansil and psychicFrom Suara KaryaI am referring to the report published in Media Indonesia on May 11, 1996 titled 'Tansil dalam perlindungan sindikat dan paranormal' (Tansil under protection of a syndicate and psychic).

PDI chief absent, supporters weep

PDI chief absent, supporters weep PRAYA, West Nusa Tenggara: A number of Indonesian Democratic Party (PDI) supporters wept after waiting for hours in vain for the party chief, Megawati Soekarnoputri, to visit them, Antara reported yesterday.

RI beats Japan 5-0 in Uber Cup

RI beats Japan 5-0 in Uber CupBy Arief Suryobuwono HONG KONG (JP): Indonesia downed a stubborn Japan 5-0 on the first day of the final leg of the Uber Cup women's team championship yesterday.Indonesian supporters enlivened the event with thunderous enthusiasm as the red and white of the national...

Promoting U.S.-RI partnership important: Ambassador

Promoting U.S.-RI partnership important: Ambassador The following is an excerpt of remarks made by the United States Ambassador to Indonesia J. Stapleton Roy at a party hosted by the United States-Indonesia Society on May 10.

Valmet wins Rl orders

Valmet wins Rl orders HELSINKI (Reuter): Finnish paper machine engineering company Valmet Oy said in a statement on Wednesday it would supply two paper machines worth one billion markka to Asia Pacific Resources International Holdings (APRIL).

Suspects proclaim their innocence

Suspects proclaim their innocence JAKARTA (JP): Suspects in a murder case protested their innocence to the East Jakarta district court here yesterday."I am just an ordinary, uneducated house-wife who can't even speak very well. But I have been telling you the truth.

UI student trial continues

UI student trial continues JAKARTA (JP): Two students of University of Indonesia told a court here on Tuesday that they had been beaten for removing another student's car without the owner's consent.Erlangga, one of the seven students allegedly beaten by suspect Rifardi Rifiar on Oct.

TV today

TV todayTVRI 2:30 p.m. My Country 3:05 Teenage Program: Indonesian Teenager 3:30 TV Series: Fresh Prince of Bell Air 4:05 Comedy 4:30 Quiz: Cerdas Cermat 5:00 Evening News 5:30 Culture 6:00 News: Lintasan Berita 6:05 Nusantara, the Beloved Country: West Kalimantan 6:15 Village Program 6:45 Variety...

WB chief visits Gandaria Utara

WB chief visits Gandaria Utara JAKARTA (JP): Mrs. Alaine Wolfensohn, wife of the visiting World Bank president, visited Gandaria Utara subdistrict in Kebayoran Baru, South Jakarta, on Wednesday to get a close look at the way of life in the area."Mrs.

Air pollution causes health problems

Air pollution causes health problems JAKARTA (JP): Air pollution brings acute and chronic illness to people, an expert at the University of Indonesia warned.Prof. Umar Fahmi Achmadi told a seminar on Healthy Cities for the People's Prosperity on Wednesday that people, who inhale polluted air...

Young adults song contests to be held

Young adults song contests to be held JAKARTA (JP): The 1996 Young Adults Songwriting and Singing Contest was announced by a foundation here Wednesday.The newly established Foundation for Music and Art announced at the Jamz pub that the contests are open to any Indonesian citizen between 13 and 25...

Pugilist Pino Bahari misses Atlanta Olympic opportunity

Pugilist Pino Bahari misses Atlanta Olympic opportunity JAKARTA (JP): Indonesian middleweight boxer Pino Bahari's dreams of winning a medal at the Olympics was shattered when the national sports controlling body decided not to send him to Atlanta because of injury.

Palapa-C2 communications satellite blasted into orbit

Palapa-C2 communications satellite blasted into orbitBy Prapti Widinugraheni KOUROU, French Guiana (JP): The Palapa-C2 communications satellite was propelled into orbit yesterday, courtesy of the Ariane 4 rocket, after overcoming last-minute hitches at the Jakarta-based ground control room and...

A sorry business

A sorry businessFrom JayakartaThe appeal of the Information and Education and Culture ministers that by Aug. 17, 1996 all foreign films should be dubbed into Indonesian has drawn various comments from film producers, the House of Representatives and society at large.

WB vows to continue assisting RI

WB vows to continue assisting RI JAKARTA (JP): The World Bank will continue to assist Indonesia, which has put loans from the bank to good use, the bank's president, James D. Wolfensohn, said.The World Bank is the real partner of Indonesia in its development program, he told the press after meeting...

Councilors slam planned toll road rate increase

Councilors slam planned toll road rate increase JAKARTA (JP): A city councilor has said that the proposed hike in rates by the private company operating toll roads in Jakarta was not popular.Banjar Marpaung, chairman of the Commission D on development affairs, said on Wednesday that the company...

On interns

On internsFrom KompasThe letter in Kompas (April 22, 1996) about interns that are placed in public clinic compels me to respond.An intern myself, I was assigned in the public health clinic in Liquisa district in East Timor.

Military frees nine hostages

Military frees nine hostages JAKARTA (JP): Six Europeans and three Indonesians held hostage by Irian Jaya separatist rebels since January were flown from the eastern province to Jakarta last night following their release by the Army's Special Force Command on Wednesday.

Windfall for telecommunications operators in RI

Windfall for telecommunications operators in RI JAKARTA (JP): The telecommunications industry in Indonesia has witnessed significant growth recently with the development of various facilities, including networks, equipment, value added services and other telecommunications related businesses.

RI, China to cooperate

RI, China to cooperate JAKARTA (JP): Indonesian Minister of Finance Mar'ie Muhammad met with his counterpart from China, Minister Liu Zhongli, on Wednesday to sound out better cooperation in the financial sector.

Investors want powerful partners

Investors want powerful partners JAKARTA (JP): Foreign investors prefer Indonesian businesspeople with political power to become their partners in establishing joint domestic ventures, Chairman of the Indonesian Chamber of Commerce and Industry Aburizal Bakrie says.

Lonsum gets $197m loan

Lonsum gets $197m loan JAKARTA (JP): A diversified plantation firm, PT London Sumatra Indonesia (Lonsum), Wednesday signed the completion of syndication of US$197 million term loan facilities established for the company and PT Pan London Sumatra Plantation.

Hostage crisis ends

Hostage crisis ends The hostage crisis in Irian Jaya has finally come to an end. In one swift operation on Wednesday, the military set free nine of the 11 hostages held captive by Irian Jaya separatist rebels since Jan. 8. Two other hostages were slain by their captors.

Secondary school English classes not effective

Secondary school English classes not effective JAKARTA (JP): The six years of English as a second language taught at Indonesian secondary schools has turned out to be ineffective, an education observer said Wednesday.Language and Communications Consultant Gloria C.

Fire razes 3-storied building

Fire razes 3-storied building JAKARTA (JP): A fire razed a three-storied building housing a small garment firm on Jl. Gunung Sahari in Central Jakarta on Wednesday."The total loss caused by the fire is being calculated," Central Jakarta Police Chief Lt. Col.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 15, 1996: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 925 0 0 AHAP Insurance 2,800 0 0 Alumindo Perkasa 650 -50 349,500 Andayani Megah 1,475 0 45,000 Aneka...

Obituary

Obituary Umar Nur Zain, a senior journalist and novelist, died of a stroke on Wednesday in Jakarta. He was 57.Umar, a reporter for the evening daily Suara Pembaruan, was well-known for his column Si Cemplon.

Mr. Big makes a hit with local fans

Mr. Big makes a hit with local fans JAKARTA (JP): Some 3,000 people, mostly young soft rock fans, gave a hysterical welcome to Mr. Big who performed here Monday evening at the Jakarta Convention Center.

Soeharto wants Tansil's overseas assets tracked

Soeharto wants Tansil's overseas assets tracked JAKARTA (JP): President Soeharto ordered Minister of Finance Mar'ie Muhammad Wednesday to trace businessman Eddy Tansil's assets in Hong Kong and China."Go and trace his assets," Mar'ie quoted the President as telling him.

I like to make things happen: Gontha

I like to make things happen: Gontha JAKARTA (JP): "Relatively high education, friends, working hard and logic," said Peter F. Gontha when The Jakarta Post asked what helped make him a successful manager.

HRD vital in eastern Indonesia

HRD vital in eastern IndonesiaBy Riwanto Tirtosudarmo JAKARTA (JP): Eastern Indonesia, the provinces located east of the biogeographic Wallace line, is a vast area containing remarkably diverse heterogeneous ethnic groups which follow everything from stone-age to highly educated and urban...

RI tourism facing stiff rivalry

RI tourism facing stiff rivalry JAKARTA (JP): Indonesia, anticipating stiffer competition from neighboring countries in the Southeast Asian region, will promote its tourist industry consistently with adequate approaches, an executive said.

Lintasarta: Digital data provider

Lintasarta: Digital data provider JAKARTA (JP): The expanding telecommunications industry in Indonesia has seen several companies establish value-added telecommunications and data communication services providers.One such leading firm is PT Aplikanusa Lintasarta which was set up in April 1988.

Tribesmen can't vote

Tribesmen can't vote JAYAPURA, Irian Jaya: Thousands of members of some isolated tribes in the hinterland of Baliem Valley, Jayawijaya regency, may not be able to vote in the 1997 general elections due to transportation difficulties.

F-16 deal may happen soon

F-16 deal may happen soon JAKARTA (JP): Chairman of the United States' Joint Chiefs of Staff, Gen. John Shalikashvili, said he hopes Indonesia's plan to purchase sophisticated F-16 jet fighters can be wrapped up soon.

Business partnership campaign launched

Business partnership campaign launched JAKARTA (JP): President Soeharto launched a national business partnership drive on Wednesday, appealing to local businesses to help each other compete in the global market.

State managers divulge barriers to going public

State managers divulge barriers to going public JAKARTA (JP): Executives of state-owned companies said they are hindered in their efforts to prepare their firms to go public.The executives, who participated in a two-day seminar on privatization, cited dependence on other state-owned companies as...

Menara Gading housing launched

Menara Gading housing launched JAKARTA (JP): A listed property company, PT Putra Surya Perkasa (PSP), will start construction of an apartment complex named "Menara Gading" in Central Jakarta with a total investment of Rp 185 billion (US$79.56 million)."The apartment complex will have seven towers.

Komselindo: The cellular expert

Komselindo: The cellular expert Suppose we combine a strong technical expertise in telecommunications engineering and a long history of being a national telecommunications service provider, what would we get? Probably a synergistic joint venture telecommunications operator like PT Komselindo, the...

9 killed, 11 hurt in factory accident

9 killed, 11 hurt in factory accident CILACAP, Central Java: Nine construction workers were buried alive when the iron frames of a cement plant's coal storehouse they were working on collapsed on Tuesday.

World bowlers in Indocement Cup

World bowlers in Indocement Cup JAKARTA (JP): World bowlers will participate in the 12th Indocement Cup Bowling Championships in Ancol, North Jakarta, from May 22 to June 1.Gemma Burden of England (1995 Women's World Champion), Sweden Marie Holmquist (1994 Women's World Champion) and American Drew...

Karawaci supermall

Karawaci supermall Referring to the article in The Jakarta Post, May 15, 1996, on page three, titled 'Shopping centers urged to sell traditional food'. I never mentioned the name of Lippo Mall, Karawaci, as written in the article.

New Telkom president to be elected today

New Telkom president to be elected today JAKARTA (JP): Shareholders of PT Telekomunikasi Indonesia (Telkom) are likely to elect Brig. Gen. Asman Akhir Nasution as the company's new president during their annual meeting today, informed sources said yesterday.

Bakrie to raise film output

Bakrie to raise film output JAKARTA (JP): PT Bakrie Diafoil, a joint venture between the Bakrie Group of Indonesia and Diafoil Hoechst Co. Ltd. of Japan, will expand its polyester film capacity by 20,000 tons per annum.

Extortion rife at Lampung port

Extortion rife at Lampung port BANDAR LAMPUNG, Lampung: Deputy governor Suwardi Ramli promised Wednesday to punish Bakauheni port officials who extort money from Java-bound truck drivers."The illegal levies at Bakauheni must be quashed," Antara quoted him as saying on Wednesday.

Indonesia fields 10 teams in Macau

Indonesia fields 10 teams in Macau JAKARTA (JP): Ten teams totaling 54 competitors, the biggest bridge contingent ever sent abroad, left here for Macau via Hong Kong yesterday for the Asia-Pacific Bridge Federation Congress in Macau from May 17 to May 25.

Economic data better than expected: Morgan

Economic data better than expected: Morgan JAKARTA (JP): JP Morgan issued a rosy report on the Indonesian economy Wednesday, saying that the country's economic indicators prove better than expected.JP Morgan's commercial banking subsidiary Morgan Guaranty said in its report that the inflation rate...

Telecoms giants produce equipment

Telecoms giants produce equipment JAKARTA (JP): In addition to the various foreign operators based in Indonesia, dozens of overseas equipment manufacturers and vendors have also enlivened the country's booming telecommunications industry.

Patriotism?

Patriotism? One does not have to be a political scientist or historian to know that fears of a waning of our sense of patriotism are not new. Yet if one listens to the things politicians say, it is clear that patriotism is still strong among Indonesians, 50 years after independence was proclaimed.

Police question two people over armed robbery

Police question two people over armed robbery JAKARTA (JP): Police are questioning two men strongly believed to have participated in an armed robbery at Hero supermarket in Kali Malang in East Jakarta on Sunday.

Colony cooperates with Inco

Colony cooperates with Inco VANCOUVER (Reuter): Colony Pacific Explorations Ltd said it had agreed in principle with Inco Ltd to carry out mineral exploration and development in Indonesia.The agreement would form an alliance covering the entire island of Sumatra and which will initially focus on...

Relief and joy follow release of hostages

Relief and joy follow release of hostages JAYAPURA, Irian Jaya (JP): Relatives and friends of the just freed hostages expressed joy and relief yesterday at the news that their loved ones' four-month ordeal was finally at an end.