Indonesian Political, Business & Finance News

Archive: 6 May 1996

40 articles found

RI's external debt high but manageable: Salomon

RI's external debt high but manageable: Salomon JAKARTA (JP): Although Indonesia's external debt burden is relatively high, it remains manageable, investment bank Salomon Brothers Inc. believes.In its latest report on its sovereign assessment on Indonesia, the bank said that the country's external...

NU youths said playing politics

NU youths said playing politics SEMARANG: Moslem youth organization Ansor, which is affiliated to the 30-million member Nahdlatul Ulama, was warned against playing politics and to not lose sight of its social mission.

Investors invited to build sugar mills outside Java

Investors invited to build sugar mills outside Java JAKARTA (JP): Chairman of the National Logistics Agency (Bulog) Beddu Amang enticed both domestic and foreign investors Saturday to take advantage of the government's plan to set up 15 new sugar mills outside Java in the next few years.

Democratization yet to take hold in RI: Experts

Democratization yet to take hold in RI: Experts YOGYAKARTA (JP): The current political system allows very little room for the public to participate in the decision-making process, experts said Saturday.

Policy stability

Policy stability The chief economist at the New York-based Salomon Brothers Inc. securities company, John P. Lipsky, tried last week to address the jitters, notably among foreign investors, over the likely impact of next year's election for House of Representatives and the presidential election in...

Wynncor Bali gets $60m loan facility

Wynncor Bali gets $60m loan facility JAKARTA (JP): The Bank of Tokyo has arranged a US$60 million term loan for PT Wynncor Bali, a member of PT Jan Darmadi Corporation Group of Companies which has businesses in property development.

One killed in Surakarta fire

One killed in Surakarta fire SURAKARTA, Central Java: A maid was killed and two persons badly injured when fire razed a house in Banjarsari near here over the weekend.The 30-minute fire destroyed the house of Hadisumarto, burning to death Partini, 30, and seriously injuring her four-year-old son...

Lotus Word Pro 96 for joint editing

Lotus Word Pro 96 for joint editingBy Zatni Arbi JAKARTA (JP0: Can you think of any novel and useful features that could -- and maybe should -- be incorporated in the already feature-laden word processors of the current generation? Well, perhaps it is a bit hard to come up with some truly,...

Books: A resource for all

Books: A resource for allFrom NeracaBooks are said to be storehouses of knowledge, windows on the world, torches in the darkness and other names. The truth is that books are useful for mankind. No one will ever deny that books can widen their readers insights, and that they will endlessly talk to...

Wall Street recovery to support JSX stocks

Wall Street recovery to support JSX stocks JAKARTA (JP): Analysts mostly feel uncertain on share price movements this week as Wall Street's performance will be the key factor in foreign fund managers' decision on whether to come back to the Jakarta Stock Exchange (JSX).

ASEAN officials to meet in C. Java

ASEAN officials to meet in C. Java JAKARTA (JP): Senior officials from the seven members of the Association of Southeast Asian Nations (ASEAN) will gather in Yogyakarta tomorrow for a three-day meeting as a precursor to the ministerial meeting due to be held here in July.

Obituary

Obituary JAKARTA (JP): Well-known comedian S. Diran died of a stroke and diabetes complications at his residence in Jakarta on Saturday. He was 59.Born in the Central Java seaport city of Cilacap on July 2, 1937, Diran is survived by his wife Eli Mariah, five grown-up children and three...

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,...

Supreme Court teams ill-suited for investigation

Supreme Court teams ill-suited for investigation YOGYAKARTA (JP): The Supreme Court should not be allowed to use internal bodies to investigate charges that a group of Supreme Court justices took bribes from a businessman on trial for falsifying property documents, a legal expert said over the...

TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Saber Rider and The Star Sheriff 3:05 Children Program: Anak Anak Indonesia 3:30 TV Series: Major Dad 4:00 News: Lintasan Berita 4:05 Science: Heart of Courage 4:30 Quiz: Cepat Tepat 5:00 Regional News 5:30 Technology 6:05 Nusantara, the...

Indorent seeks $10m

Indorent seeks $10m JAKARTA (JP): Indorent, a member of the Indomobil Group, expects to raise around US$10 million from the issuance of its short-term notes in Singapore last week.The company announced Saturday that the fresh funds to be raised from the three-year debt instruments would be used to...

Jobless youth kills dentist

Jobless youth kills dentist JAKARTA (JP): A 20-year-old unemployed man murdered a dentist in October after he could not afford to pay his Rp 10,000 (US$4.2) bill, the district court in Medan, North Sumatra, was told Saturday.

Six dead as boat capsizes

Six dead as boat capsizes CEBU, Philippines (AFP): Six people were confirmed dead after a motorboat, carrying a cargo of seaweed, capsized in a freak storm off the waters of nearby Culasi town, the coast guard said yesterday.

Tangkuban Perahu neglected

Tangkuban Perahu neglectedFrom RepublikaSome guests of ours from Holland wanted to see the crater of Tangkuban Perahu very much. It seems to be a wellknown place there, listed on a priority list of "must-see" tourist sites. However, we were terribly disappointed when we got there.

Limited passenger bus

Limited passenger busFrom NeracaI am disappointed by public transportation in Jakarta, particularly the ordinary limited-passenger buses popularly known as Patas non-AC buses. Firstly, I feel that the fare increase is too high, particularly since the service has not improved.

100,000 Buddhists to attend Waisak

100,000 Buddhists to attend Waisak SEMARANG: An estimated 100,000 Buddhists from both Indonesia and abroad will attend the annual Waisak, or Buddha's Day of Enlightenment, at the temple of Borobudur on June 2.

Handicraft festival in Cibinong

Handicraft festival in Cibinong BOGOR, West Java (JP): A handicraft festival, sponsored by the Bogor administration's handicraft council, is to be held in Cibinong, some 30 km east of the city, from May 7 to May 11.

Kalibaru poor families want more aid

Kalibaru poor families want more aid JAKARTA (JP): Forty poor families living in Kalibaru subdistrict in North Jakarta asked the government over the weekend to provide them with more financial aid to develop their small businesses.

Rice crops may be destroyed

Rice crops may be destroyed CILACAP, Central Java: Some 20,000 hectares of rice fields in 67 villages in 6 districts may be lost due to the failure of a pump of the Gambarsari irrigation system and the decreasing water level in Serayu River.

Energy should influence Asia's politics

Energy should influence Asia's politicsBy Sayidiman Suryohadiprojo JAKARTA (JP): East Asia's economic growth is the highest in the world and will remain so at least for the coming decade. Yet, Japan and the Asian Dragons (South Korea, Taiwan, Hong Kong and Singapore) are not the only nations to...

N. Jakarta has 1,110 officers

N. Jakarta has 1,110 officers JAKARTA (JP): The North Jakarta mayoralty, with 1.1 million residents, has only 1,110 police officers, meaning that one officer serves 1,000 people.The outgoing North Jakarta Police Precinct chief, Lt. Col.

ABRI says no force used in riot

ABRI says no force used in riot JAKARTA (JP): Armed Forces (ABRI) chief of sociopolitical affairs Maj. Gen. Syarwan Hamid says the military's handling of the recent student demonstration in Ujungpandang, during which three students died, was not a case of repression.

CPC buys RI naphtha

CPC buys RI naphtha TAIPEI (Reuter): Taiwan's state-run Chinese Petroleum Corp (CPC) said it signed two preliminary agreements with groups of petrochemical firms on Saturday, paving the way for a plan to move its No. 2 naphtha cracker to Indonesia.

Regular schools refuse the blind

Regular schools refuse the blind JAKARTA (JP): The government's efforts to "mainstream" blind children is often scuppered by the refusal of regular schools to take them in alongside able-bodied students, an official says.

Philippine budget deficit

Philippine budget deficit MANILA (AFP): The Philippine government reported a budget deficit of 1.6 billion pesos (US$61.5 million) in the three months to March, Budget Secretary Salvador Enriquez said Saturday.Enriquez said in a statement that the shortfall was lower than the 10.

Honorary doctors

Honorary doctorsFrom KompasThe fact that the Health Department sends honorary doctors to the regions is laudable. But there is a problem with its implementation. In Tangerang, West Java, for instance, several doctors are working at a single village clinic.

Benny to lead Jakarta in National Games

Benny to lead Jakarta in National Games JAKARTA (JP): Indonesia's former Davis Cup team member Benny Wijaya will lead Jakarta in the upcoming 14th National Games here this September."The Jakarta team will be stronger with his existence," coach Yustedjo Tarik said after officially announcing the...

Another near-miss bus accident

Another near-miss bus accidentFrom Media IndonesiaOn April 27, 1996, at about 6:45 p.m. my children and I were riding on the Masstrans P20 limited passenger air conditioned bus on the Senen-Lebak Bulus route, in the hope that it would be safer and more convenient than taking a Metromini bus.

PTP Agrintara beset with project delays

PTP Agrintara beset with project delays JAKARTA (JP): The state-owned PTP Agrintara may lose billions of rupiah due to the price escalations and delays in the completion of its rubber goods factory in Purwakarta, West Java, and palm oil refining and oleochemical plant on Batam island, officials say.

Malaysia's new economic blueprint to steady growth

Malaysia's new economic blueprint to steady growthBy Chen May Yee KUALA LUMPUR (AFP): Malaysia's new economic blue-print to be unveiled this week is expected to apply gentle brakes to surging growth while pushing the service sector and an inadequate labor force to catch up.

RI lifter wins world laurels

RI lifter wins world laurels JAKARTA (JP): Sri Indriyanti stole a little bit of thunder when she won a gold in the junior world weightlifting championships in Warsaw on Friday.Budi Santoso of the Indonesian Weightlifting, Powerlifting and Bodybuilding Association said on Saturday that Southeast...

Rights abuse in Ujungpandang

Rights abuse in Ujungpandang Strong indications have been found of human rights violations during the protests by students in Ujungpandang. That, in part, was the gist of the statement made by the Secretary-General of the National Commission on Human Rights, Prof. Dr.

Union leaders decry deal with cigarette firms

Union leaders decry deal with cigarette firms JAKARTA (JP): Leaders of the All-Indonesia Workers Union Federation (FSPSI) are outraged by their branch representing the cigarette industry, which cut a deal with cigarette companies to postpone the enforcement of a government ruling on new minimum...

'Toxic pollutants must be phased out'

'Toxic pollutants must be phased out' BANDUNG (JP): The use of chemicals containing persistent organic pollutants in the agricultural and industrial sectors must be phased out before they cause irreparable damage to the country's marine resources, a government official said Saturday.

No speedy end to parking problems

No speedy end to parking problems JAKARTA (JP): Jakartans continue to complain about their parking problems while at the same time exacerbating their daily difficulty of finding a spot to leave their vehicles.