Archive: 3 May 1996
58 articles found
Fri, 03 May 1996, 00:00 WIB
Probe on 'Gurita' tragedy continues
Probe on 'Gurita' tragedy continues JAKARTA (JP): Police have collected the signatures of hundreds of witnesses necessary for court proceedings in the case of the Gurita ferry which sank off Banda Aceh waters in January and claimed 338 lives. The signatures are needed to complete reports to be sent to the High Prosecutor's Office. Aceh Police Chief Col. A. Hamid Busra confirmed the signature collection while Aceh Vice Governor Brig. Gen.
Fri, 03 May 1996, 00:00 WIB
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. Kecak Dance, Friday & Tuesday. Jegog Dance, Wednesday. Pesona Lounge - Live music by Philipino Guitar duo, Medi & Boy, daily. Lila Cita Fun Pub - Rakata Disc Band, Friday & Monday.
Fri, 03 May 1996, 00:00 WIB
Literacy reflects on culture: Try
Literacy reflects on culture: Try YOGYAKARTA (JP): Vice President Try Sutrisno said a nation's sophistication is often judged by the number of books written, published and read, and in these respects Indonesia is still very backward. Speaking at a ceremony held at the Gadjah Mada University campus here yesterday to commemorate National Education Day, Try said: "The quantity and variety of the books written, translated, published, bought and read in our society is still inadequate.
Fri, 03 May 1996, 00:00 WIB
Bouygues wins contracts
Bouygues wins contracts PARIS (Reuter): Bouygues Offshore, a unit of French building company Bouygues, has signed two contracts with Total worth 250 million francs to install 170 kilometers of pipeline on an Indonesian gas field. The contracts involve building the pipeline and supply of barges to lay the pipe and accommodate 150 workers on the North Tunu field, east of Borneo in Kalimantan province, Bouygues said in a statement.
Fri, 03 May 1996, 00:00 WIB
UN body must work for world economic integration: Gore
UN body must work for world economic integration: Gore JOHANNESBURG (Reuter): The UN Trade and Development Conference (UNCTAD) must work to ensure the least developed countries are speedily integrated in the world economy, U.S. Vice President Al Gore said yesterday. Meanwhile, Singapore and Japan supported proposed budget cuts applying to the UNCTAD, while Indonesia and Malaysian officials said the body should retain a large role in boosting trade for poor countries.
Fri, 03 May 1996, 00:00 WIB
Canada extends aid to RI
Canada extends aid to RI JAKARTA (JP): Canadian Ambassador Lawrence T. Dickenson and Minister of Cooperatives and Small Enterprises Subiakto Tjakrawerdaya yesterday signed an accord for the implementation of a private enterprise project.
Fri, 03 May 1996, 00:00 WIB
Gulf gas reserve in RI
Gulf gas reserve in RI CALGARY (Reuter): Gulf Canada Resources Ltd said preliminary reserve estimates from a wildcat natural gas well drilled in Indonesia are between 300 billion and 500 billion cubic feet. Gulf chief executive J.P Bryan told an annual meeting on Wednesday that the Bungkal-1 well in South Sumatra, which was completed in March after intersecting 320 feet of net pay, had initial net gas production of 15 million cubic feet per day.
Fri, 03 May 1996, 00:00 WIB
C. Jakarta police gets new chief
C. Jakarta police gets new chief JAKARTA (JP): Jakarta Police Chief Maj. Gen. Hamami Nata yesterday installed Lt. Col. R. Abubakar Nataprawira as the Central Jakarta Police Chief, replacing Lt. Col. S.Y. Wenas who will be promoted to be the chief of the East Timor Police. Hamami told Abubakar to develop new ways to solve crime as Central Jakarta has, proportionally, very high crime figures.
Fri, 03 May 1996, 00:00 WIB
Japanese banker visits here
Japanese banker visits here JAKARTA (JP): The governor of the Japanese Export and Import Bank Hiroshi Yasuda arrived here yesterday for a six-day visit on a mission to strengthen economic ties with Indonesia. The Ministry of Finance announced here yesterday that Yasuda was scheduled to hold meetings with President Soeharto, Coordinating Minister for Economy and Finance Saleh Afiff, State Minister of National Development Planning Ginandjar Kartasasmita, and Bank Indonesia Governor J.
Fri, 03 May 1996, 00:00 WIB
Deworming drive for children
Deworming drive for children PALANGKA RAYA, Central Kalimantan: At least 300,000 primary school students will receive treatment during a deworming drive launched yesterday by the local office of the Ministry of Education and Culture, Antara reported. "Let's hope we're not going to see any more children at school who are sleepy because they're worm-infested," said head of the office Belman Nyangkal.
Fri, 03 May 1996, 00:00 WIB
Local films: When will they get serious?
Local films: When will they get serious? By Ahyani BANDUNG (JP): It is obvious that the quality of Indonesian films leaves much to be desired. It is even more saddening to note that the local film world has been in a comatose state since it came into existence decades ago. And if nothing is done, we'll have to accept that change is still a long way away. What about Quantity? We can count Indonesian films on our fingers. We have to admit that we are way behind other countries.
Fri, 03 May 1996, 00:00 WIB
Student protests continue over Ujungpandang incident
Student protests continue over Ujungpandang incident JAKARTA (JP): Students in Jakarta, Bandung and Ujungpandang mounted their demand yesterday for court action on military's handling of last week's rioting in the South Sulawesi capital. They denounced the way the military handled the April 22 protest on a 67 percent transport fare raise that led to the death of three students in Ujungpandang.
Fri, 03 May 1996, 00:00 WIB
Memorial to be held for AIDS carriers
Memorial to be held for AIDS carriers JAKARTA (JP): Anti-AIDS campaigners in 29 cities in Indonesia's 18 provinces will hold a candlelight memorial for people with AIDS or HIV on May 19. The same event will also be held in 300 cities in 50 other countries as a memorial for the millions of people who have died of the Acquired Immune Deficiency Syndrome and the Human Immunodeficiency Virus, and for those who are still alive.
Fri, 03 May 1996, 00:00 WIB
Experts debate general election, coming changes
Experts debate general election, coming changes JAKARTA (JP): Politicians and scholars are divided over the likely impact of Indonesia's general election next year, with one camp saying it won't alter the current power structure, while another is hopeful that some things will change. "General elections in Indonesia do not bring about changes in our politics," Marzuki Darusman, a seasoned politician turned human rights campaigner, said in discussion on Wednesday night.
Fri, 03 May 1996, 00:00 WIB
Mulyana can defend himself: Syarwan
Mulyana can defend himself: Syarwan JAKARTA (JP): Human rights campaigner Mulyana W. Kusumah can defend himself against the military's allegation that he has past communist links, a high-ranking Armed Forces (ABRI) officer says. "Mulyana can issue a written statement to defend himself against the allegation," Lt. Gen. Syarwan Hamid, ABRI's Chief of Sociopolitical Affairs, said yesterday. "We're ready to discuss our differences," Syarwan said.
Fri, 03 May 1996, 00:00 WIB
Poison-pen letters grip Malaysia
Poison-pen letters grip Malaysia By David Chew KUALA LUMPUR (JP): As the United Malays Organization (UMNO), Malaysia's leading political party, makes preparations for its triennial elections in October, a perennial problem is slowly emerging from the shadows to once again become a thorn in the party's flesh. This is the notorious Poison Pen letter or "Surat Layang" which has reduced many UMNO leaders to sheer exasperation and despair.
Fri, 03 May 1996, 00:00 WIB
House supports title for Mrs. Tien
House supports title for Mrs. Tien JAKARTA (JP): The House of Representatives urged the government yesterday to confer on the late Mrs. Tien Soeharto the title of national heroine for her outstanding services to Indonesia. "The minister of social services, who has the authority to confer the title of national hero or heroine on prominent figures, should give a quick response to the public call," House Commission VIII chairman Akip Renatin told journalists.
Fri, 03 May 1996, 00:00 WIB
Singles, here's your chance: The grand ball on May 11
Singles, here's your chance: The grand ball on May 11 JAKARTA (JP): If you're single, clear your diary on Saturday May 11 and attend a grand ball strictly for the unmarried. And if you're a single male, take note that there are likely to be more females than males at the event. The Scorpio Foundation (YASCO) is organizing the ball at the Kartika Chandra hotel to mark its 22nd anniversary.
Fri, 03 May 1996, 00:00 WIB
Bank Bira's profits up 68%
Bank Bira's profits up 68% JAKARTA (JP): Publicly-listed Bank Bira reported a 68 percent increase in its first quarter unaudited net profit, which rose to Rp 10.6 billion (US$4.5 million) from Rp 6.3 billion during the same period last year. The bank said in a statement yesterday that its annual earnings per share also grew by 29 percent from Rp 318 in 1995 to Rp 410 this year.
Fri, 03 May 1996, 00:00 WIB
World's rally drivers to chase victory in Medan
World's rally drivers to chase victory in Medan JAKARTA (JP): Current world and Asia-Pacific Rally champions, Colin McRae (Great Britain) and Kenneth Eriksson (Sweden) will be gunning for victory in the Medan World Rally competition. They took first and second position in Rally of Indonesia last year. Both will be driving Subaru Imprezas in their return to North Sumatra. The third 555 Subaru driver in the race will be Italian Piero Liatti. This is Liatti's first appearance in the rally.
Fri, 03 May 1996, 00:00 WIB
Newmont Gold gets new managers
Newmont Gold gets new managers SYDNEY (Reuter): Newmont Gold Co said yesterday it has made several management changes at its Batu Hijau copper/gold project in Indonesia, as well as its operations in Carlin, Nevada. Eric Hamer, vice president of North American operations, had been named vice president and senior project executive for Batu Hijau, the company said in a statement issued in Denver and released here. Newmont Gold said that at mid-year Hamer would succeed John A.S.
Fri, 03 May 1996, 00:00 WIB
Nightlife back to normal
Nightlife back to normal JAKARTA (JP): Nightlife in downtown Kota returned to normal on Wednesday evening following a two-day closure called by the city administration in recognition of the national week of mourning to honor the late First Lady Tien Soeharto. Thousands of people flocked to discotheques, nightclubs, pubs, massage parlors and other amusement centers until early morning as if they had been restrained from going to such places for ages.
Fri, 03 May 1996, 00:00 WIB
GIGI to perform at Poster Cafe
GIGI to perform at Poster Cafe JAKARTA (JP): To cap off its tour of Java and Bali, the local pop group GIGI is slated to perform tomorrow night at 8 p.m. at the Poster Cafe on Jl. Gatot Subroto. "After the Jakarta show, which is part of 'Tour Music Bentoel', we plan to play in Hong Kong and the U.S.," the group's manager, Dhanny Widjanarko, was quoted by Antara as saying yesterday. During the tour, the group also met with fans, mostly teenagers, to discuss social concerns and other issues.
Fri, 03 May 1996, 00:00 WIB
Priok port wants to set new levies
Priok port wants to set new levies By Prapti Widinugraheni JAKARTA (JP): Users of Jakarta's Tanjung Priok port have protested against the management's plans to collect levies for the operation of new barge cranes, saying they cannot afford to pay more fees on top of those already imposed by the port. T.
Fri, 03 May 1996, 00:00 WIB
Franki Raden's review
Franki Raden's review Franki Raden's review of the latest concert by the Nusantara Chamber Orchestra (The Jakarta Post, April 27) covers the event well enough, but his opinion on classical piano playing in Indonesia compels me to respond. The use of the word "international" in his qualification of pianists is apparently not based on objective criteria. It is not enough for a pianist to have played in some foreign countries to be qualified as "international".
Fri, 03 May 1996, 00:00 WIB
Students face 12 years in jail for murder
Students face 12 years in jail for murder JAKARTA (JP): Seven high school students are each facing a maximum sentence of twelve years imprisonment if found guilty of murder, a court was told yesterday. In his indictment, prosecutor Agung Dipo told the East Jakarta district court that victim Abdul Halim, a student at a Budi Utomo IV technical school, was allegedly beaten and stabbed to death by the seven students from STM Kapin technical school. The incident occurred on Jan.
Fri, 03 May 1996, 00:00 WIB
No records look set to be broken at Bob Hasan meet
No records look set to be broken at Bob Hasan meet JAKARTA (JP): The world-class runners competing in the second Bob Hasan Invitational track and field meet tomorrow evening, promised their best performances of the season but record breaking looks unlikely. Speaking at a press conference at the Senayan Madya stadium after a short coaching clinic yesterday, American sprinter Dennis Mitchell said that he did not expect to break his own record during the meet.
Fri, 03 May 1996, 00:00 WIB
Official poll body checks registration
Official poll body checks registration JAKARTA (JP): The official Election Supervision Committee, led by its chief, Attorney General Singgih, yesterday conducted monitoring of the voter registration procedures. The team watched registration activities in some districts of South and West Jakarta as well as in Tangerang, some 30 kilometers west of Jakarta. The national registration drive began on Wednesday and will last until May 20. Included in the team were Lt. Gen.
Fri, 03 May 1996, 00:00 WIB
Pondok Indah school is losing students
Pondok Indah school is losing students JAKARTA (JP): A school in Pondok Indah, South Jakarta is rapidly losing its students due to the expansion of a nearby development project. "We could just sell the plot and move, but we have a responsibility to the residents that began the school in the late 1960s," Syaifuddin, one of the school's founders, told The Jakarta Post. Around 100 students have left the Al-Fauzain elementary madrasah ibtidaiyah Islamic school, which once boasted 400 students.
Fri, 03 May 1996, 00:00 WIB
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, 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.
Fri, 03 May 1996, 00:00 WIB
Battle over dual nationality in Cambodia
Battle over dual nationality in Cambodia By Matthew Lee PHNOM PENH (AFP): A battle over legislation that would prohibit dual nationals from running for office or holding top government positions is threatening Cambodia's already shaky coalition government, analysts and diplomats say. "This could be the straw that breaks the camel's back," said one western diplomat. "Neither side seems willing to compromise." "I see a serious rift with potentially severe consequences," said another diplomat.
Fri, 03 May 1996, 00:00 WIB
Many teenager AIDS/HIV victims
Many teenager AIDS/HIV victims SEMARANG, Central Java: A health official says that 15 percent of Indonesia's 390 people suffering from Human Immunodeficiency Virus (HIV) already have full-blown Acquired Immunodeficiency Syndrome (AIDS) are teenagers. Antara quoted Dr. Nardho Gunawan, head of the Ministry of Health's Directorate of Community Health as saying yesterday that there was no cause for alarm yet, but that more effort to prevent the spread of AIDS among young people is needed.
Fri, 03 May 1996, 00:00 WIB
Isolated tribes live in poor conditions
Isolated tribes live in poor conditions TERNATE, Maluku: A social service official is concerned about the poor living conditions of many isolated tribes in the forests of Mangole and Taliabu islands in North Maluku, Antara reported. Sofwan said earlier this week that many members of the nomadic tribes are still unclothed. He said, however, that the government is cooperating with Pattimura University in the provincial capital of Ambon to help introduce the tribes to "civilization." (rms)
Fri, 03 May 1996, 00:00 WIB
Siamese twins face operation
Siamese twins face operation SEMARANG, Central Java: Dr. Kariadi Hospital will soon operate on a pair of Siamese twins, Aghnefia I and Aghnefia II, who were born in the Islamic Hospital in Tegal on Feb. 12, Antara reported. "We'll undertake the operation as soon as the twins are in fit condition," the hospital director, Dr. Anityo Mochtar, said on Wednesday. The medical team will be headed by Dr. Sudigbya.
Fri, 03 May 1996, 00:00 WIB
Probe into boat accident urged
Probe into boat accident urged PALU, Central Sulawesi: Relatives of three people who died in a motorboat accident last September have demanded an investigation into the case, Antara reported. Abdul Rahman, a 26-year-old man who said his parents died when the overloaded boat overturned on its way from Banggai city to Tobungku village in Peleng Island, called for the investigation. It has been eight months since the accident took place. The other victim, as yet unidentified, was an elderly woman.
Fri, 03 May 1996, 00:00 WIB
The RI-Japan car talks
The RI-Japan car talks The bilateral talks last Monday and Tuesday between Indonesia and Japan on the Indonesian national car manufacturing program are over. Although our team of negotiators, led by Minister of Industry and Trade Tunky Ariwibowo, tried hard to explain the reason for launching the program, the talks failed to achieve a meeting of minds.
Fri, 03 May 1996, 00:00 WIB
TV today
TV today TVRI 2:30 p.m. My Country: Palembang 3:05 Teenage Program: Indonesian Teenager 3:30 TV Series: Fresh Prince of Bell Air 4:05 TV Series: Emergency Call 4:30 Quiz: Cerdas Cermat 5:00 Evening News 5:30 Variety Program: Keanekaragaman Hayati 6:00 News: Lintasan Berita 6:05 Nusantara, the Beloved Country: West Sumatra 6:15 Village Program 6:45 Information: Sebaiknya Anda Tahu 7:00 Evening News 7:25 Garuda Pancasila/Filler/Trailer 7:30 Variety Program: Parlemantaria 8:00 News: Lintasan...
Fri, 03 May 1996, 00:00 WIB
The ADB's conditions
The ADB's conditions Loan conditions have always been one of the main bones of contention at the annual meetings of the Manila-based Asian Development Bank (ADB). The latest annual meeting which ended yesterday was preoccupied with the current crisis over the dramatic lack of funds, but also saw acrimony over what borrowing countries consider unreasonable conditions attached to ADB's loans. The problem is not interest rates, nor the terms attached to the credits.
Fri, 03 May 1996, 00:00 WIB
Baxter acquires Kalbe Farma unit
Baxter acquires Kalbe Farma unit JAKARTA (JP): Baxter International, a major worldwide manufacturer and marketer of health-care products, has acquired 51 percent of Kalbe Farma's subsidiary, PT Pfrimmer Infusol Indonesia, for US$3.4 million. "Through this acquisition, we expect a growth of 30 percent in our sales and profits this year," Kalbe Farma's president, Budhi Dharma, told a press conference yesterday.
Fri, 03 May 1996, 00:00 WIB
World coffee offtake steady this week
World coffee offtake steady this week LONDON (Reuter): Physical coffee offtake was steady this week with industry focused on new crop Brazilian conillons and Indonesian beans as well as easing differentials. "Offers from African robustas were steady and there was quite a bit of Ivorian selling, but the brunt of selling came from Indonesia and new crop Brazilian conillons," one trader said yesterday.
Fri, 03 May 1996, 00:00 WIB
Superiority complex
Superiority complex The current debate concerning a recent article by Arief Budiman (The Jakarta Post, April 19, 1996) really evolves around two basic issues: the rights and obligations of the indigenous versus non-indigenous peoples, and the question of dual loyalty of the non-indigenous community towards their country of citizenship and country of origin.
Fri, 03 May 1996, 00:00 WIB
Garuda launches new packages
Garuda launches new packages JAKARTA (JP): After launching tour packages to New Zealand about a month ago, state-owned Garuda Indonesia yesterday launched new tour packages to the Gold Coast and Cairns in Australia, the sixth in a series of packages introduced since 1995. Garuda's general manager for Jakarta, Iwan H. Susilo, said that the new packages, valid from May 2, 1996, to March 31, 1997, are arranged in cooperation with Ansett Australia and the Australian Tourist Commission.
Fri, 03 May 1996, 00:00 WIB
HongkongBank workers' strike is legal: Lawyer
HongkongBank workers' strike is legal: Lawyer JAKARTA (JP): The strike by HongkongBank workers is legal, the chairman of the labor law department of the Jakarta Legal Aid Foundation, said yesterday in a statement that was refuted by the bank's management. "According to Indonesian Labor Law No. 22/1957 workers can go on strike after they have informed the Manpower Ministry following a deadlock in negotiations," Apong Herlina explained.
Fri, 03 May 1996, 00:00 WIB
Navy impounds smuggler's boats
Navy impounds smuggler's boats SURABAYA, East Java: The Eastern Regional Navy Patrol impounded 11 motorized boats of suspected smugglers in Tarakan waters off East Kalimantan,Antara reported yesterday. "The boats and the smuggled goods have been reported to the Tarakan District Court," Regional Navy spokesman Lt. Col. Eddy Irawan said. He did not mention where the boats had come from.
Fri, 03 May 1996, 00:00 WIB
The Listening Post
The Listening Post * "Education Australia" was a recent forum for attracting Indonesian students to study in Indonesia's neighbor to the south. It was held at the Sahid Jaya Hotel. Being an enthusiastic supporter of study in Australia for American Language Center students, I dropped in, trusty Sony Digital MD Recorder at the ready, to record the special broadcast which you can hear on "The Listening Post" this evening (Radio Sonora FM100.9 at 8:15).
Fri, 03 May 1996, 00:00 WIB
Coconut-based industries need to diversify
Coconut-based industries need to diversify JAKARTA (JP): Indonesia, currently the world's second largest supplier of coconut oil and copra meal, could expand its coconut- based industries even further, an analyst says. P.G.
Fri, 03 May 1996, 00:00 WIB
Three million visitors will visit Jakarta Fair
Three million visitors will visit Jakarta Fair JAKARTA (JP): The organizers of the Jakarta Fair are hoping that three million people will visit this year's annual event scheduled from June 15 to July 14 at the Jakarta Fairground in Kemayoran, Central Jakarta. The admission price has been set at Rp 1,500.
Fri, 03 May 1996, 00:00 WIB
Adi Andojo receives threat
Adi Andojo receives threat JAKARTA (JP): Deputy Chief Justice for General Crimes Adi Andojo Soetjipto disclosed yesterday that he had received a call threatening him to call off his investigation into the alleged collusion at the Supreme Court. "Somebody called me a few days ago and told me not get involved in the Supreme Court's investigation over the collusion," Adi told reporters in his office yesterday. "This person told me that he was a hired assassin," he said.
Fri, 03 May 1996, 00:00 WIB
KL satellite makes first broadcast
KL satellite makes first broadcast KUALA LUMPUR (AFP): Malaysian satellite MEASAT-1 yesterday made its first live broadcast since it was launched into orbit in January, beaming a program on state-owned television. The Malaysia East Asia Satellite-1 (MEASAT-1) telecast live a community event in southeastern Malacca state attended by Prime Minister Mahathir Mohamad, officials said.
Fri, 03 May 1996, 00:00 WIB
Govt unprepared for nuclear disaster: Study
Govt unprepared for nuclear disaster: Study JAKARTA (JP): Neither the public nor the government is prepared for the consequences of a possible nuclear disaster at the planned site of the nuclear plant on Central Java's Mount Muria, a research study shows. "We visited two major hospitals in Jepara and Semarang, only to find that none of them had been informed on how to handle victims of a nuclear accident," Leonard Simandjuntak, an activist at the Pelangi Foundation said.
Fri, 03 May 1996, 00:00 WIB
RI investment mission to visit South Korea
RI investment mission to visit South Korea JAKARTA (JP): The Investment Coordinating Board (BKPM) will send an investment mission to South Korea from May 19-24 to promote business opportunities in Indonesia, particularly in the production of automotive components to support the government's national car program.
Fri, 03 May 1996, 00:00 WIB
National athletes to take media course
National athletes to take media course JAKARTA (JP): Print and electronic media have come to play an increasingly important role in the world of sports. Press coverage has helped athletes to become idols for millions of people. In return, many of the athletes are expected to please their fans with colorful statements and performances. However, Indonesia's athletes are still learning how to deal with the media.
Fri, 03 May 1996, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on May 2, 1996: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 925 -50 1,500 AHAP Insurance 2,800 0 0 Alumindo Perkasa 725 0 0 Andayani Megah 1,575 -25 158,000 Aneka Kimia Raya 4,300 0 0 Anwar Sierad 2,475 0 1,148,000 Aqua Golden Mississippi 2,300 0 0 Argha Karya Prima Industry 3,300 0 12,500 Argo Pantes 2,100 0 0 Asahimas Flat 2,875 -25 318,500 Asiana IMI...
Fri, 03 May 1996, 00:00 WIB
Guarantee fund needs government ruling: Kadin
Guarantee fund needs government ruling: Kadin JAKARTA (JP): A licensing constraint has hindered the operation of the guarantee fund founded jointly by the Indonesian Chamber of Commerce and Industry (Kadin) and the ruling Golkar organization last October. Kadin's chairman, Aburizal Bakrie, said yesterday that the fund, called PT Penjamin Kredit Pengusaha Indonesia, has not acquired its operation license yet from the government.
Fri, 03 May 1996, 00:00 WIB
Taiwan to invest in RI
Taiwan to invest in RI TAIPEI (Reuter): Taiwan's state-run Chinese Petroleum Corp said yesterday it would sign a memorandum of understanding with seven Taiwan petrochemical companies to coordinate investment in Indonesia. CPC spokesman Fang Yi-Shan said the pact would set out guidelines for investments by the eight firms in projects related to CPC's No.2 naphtha cracker, which it plans to move to Indonesia from Kaohsiung in southern Taiwan.
Fri, 03 May 1996, 00:00 WIB
Uber Cup title holder depending on singles
Uber Cup title holder depending on singles JAKARTA (JP): Indonesia's team for the Uber Cup women's badminton championships announced yesterday looks experimental and heavily dependent on the singles players. But in the Thomas Cup men's division, the national association warned the opposition of its seemingly unavoidable progress to another victory as it paraded Joko Suprianto-led heavyweights who currently rule the roost in the badminton world.
Fri, 03 May 1996, 00:00 WIB
Pertamina sells LSWR
Pertamina sells LSWR SINGAPORE (Reuter): Indonesia's state oil company, Pertamina, has allocated an additional 300,000 barrels of low sulfur waxy residue (LSWR) for May exports, industry sources said. The exports will add to the 3.7 million barrels that Pertamina announced last week for May allocations. Sources said Pertamina has not issued a formal notification of the extra availabilities, but company officials have verbally informed affiliates.
Fri, 03 May 1996, 00:00 WIB
Pribadi chairs Econ
Pribadi chairs Econ SINGAPORE (Reuter): Econ International Ltd (Econ) said yesterday it had appointed Indonesian businessman Andry Pribadi non-executive chairman. It said four other Indonesian businessmen had been appointed senior non-executive officials of the diversified construction group's board, effective May 2. Pribadi is a substantial shareholder in Econ through shares held by Yenville Pte Ltd.