Indonesian Political, Business & Finance News

Archive: 13 June 1996

65 articles found

PDI crisis

PDI crisisFrom Media IndonesiaThe government has stated that PDI crisis is an internal problem of the Party itself, and that the Party must solve it through talks. But media reports suggest there are external factors which aggravate the crisis, and that people are being intimidated.

Fraud

FraudFrom RepublikaI want to relate a peculiar story about fraud that happened in Yogyakarta lately. The victims were mostly women wearing Moslem head scarves.A plump, dark-skinned woman, with curly hair and heavy eye- brows, who could speak Balinese dialect, tried to convince her victims that she...

Elite cars

Elite carsFrom Pikiran RakyatI was delighted to know that following an arduous bureaucratic struggle an Indonesian producer will produce a cheap car. But the question I would like to ask is: How cheap is the new car? And how long will the cars remain cheap?I know from experience, and according to...

Low-interest loans to poor will be paid by January

Low-interest loans to poor will be paid by January PALU, Central Sulawesi (JP): The government hopes to complete by next January the first stage of its new poverty alleviation program, which involves administering low-interest loans to 12 million Indonesians for starting their own businesses.

Lampung needs

Lampung needs 750 more midwives BANDAR LAMPUNG, Lampung: The province needs at least 750 more trained midwives to help in remote areas.Tuti Wagiran, chief of the local midwives association, said yesterday that due to the lack of trained midwives, traditional untrained midwives still play an...

Christian students

Christian students against gambling MANADO, North Sulawesi: Fifty-six members of the local branch of the Christian Student Movement urged the local administration yesterday to put an end to gambling, which is rife in the area.

Philipus family opts to appeal verdict

Philipus family opts to appeal verdict JAKARTA (JP): The lawyers of a family recently found guilty of murder last year have filed appeals with the High Court."All three teams of prosecutors and two teams of defense lawyers have written to the High Court and asked for an appeal," sources at the East...

Nias to host world surfing

Nias to host world surfing JAKARTA (JP): Brazilian surfer Pui Pereira, world ranked 44th, is participating in the US$44,000 world championships in Sorake beach in Nias, North Sumatra.The event started yesterday and will end on Saturday.

Foreign investment increases 14.8%

Foreign investment increases 14.8% JAKARTA (JP): The value of government approved foreign investment proposals increased by 14.8 percent in the first 4.5 months of 1996 over the same period last year, while domestic investment approvals more than doubled.

TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Family Matters 3:00 News: Lintasan Berita 3:05 Dance 3:30 Travel: Vancouver Sunshine Coast 4:00 News: Lintasan Berita 4:05 Science Film: Here Comes The Stars 4:30 Talks: Sosok Ibu Ning Nasution 5:00 Evening News 5:30 Arabic Lessons 6:00...

RI ready for UN debate on E. Timor: Alatas

RI ready for UN debate on E. Timor: Alatas JAKARTA (JP): Minister of Foreign Affairs Ali Alatas said that Indonesia is ready for an open debate on East Timor at the United Nations, should further talks with Portugal fail to produce substantial results.

Prostitutes hard to control

Prostitutes hard to control KUPANG, East Nusa Tenggara: The provincial government is fighting a losing war against prostitution and drug trafficking, according to Governor Herman Musakabe.He called on men recently to stay away from red-light districts so the flesh trade will go bankrupt.

Golf tourneys for students

Golf tourneys for students JAKARTA (JP): The Damai Indah golf course, located at the BSD real estate complex, Tangerang, West Java, will hold two junior championships during the school holiday season.The tournaments, which will be held at the BSD course and the Pantai Indah Kapuk course, will open...

Teams to draft tax bills

Teams to draft tax bills JAKARTA (JP): Minister of Finance Mar'ie Muhammad has formed teams to draft three bills, one regarding a body for tax settlement, another for tax collection and another for local administration taxes.

The Supreme Court puzzle

The Supreme Court puzzle The puzzle at the Supreme Court has finally been answered. Supreme Court chairman Soerjono, after a meeting with President Soeharto Monday explained that no proof of collusion was found in the highest judicial institution. According to Soerjono, the rumor of a Rp. 1.

Conveyor part plant starts production here

Conveyor part plant starts production here CILEGON, West Java (JP): PT Prok Indonesia, a joint venture between Australian and Indonesian companies, yesterday inaugurated its conveyor component production plant here.

Emission tests bring smiles and protests

Emission tests bring smiles and protests JAKARTA (JP): Anxiety changed to smiles yesterday as motorists and passengers on the second day of spot emission checks found out why they were being stopped by police officers."The pleasure is mine," one driver, Purwadi, told a team member doing the tests.

Spotlight

SpotlightPhoto A: CardJP/msaCARD COLLECTION: Minister of Tourism, Post and Telecommunications Joop Ave (second from right) and president of the state-owned telecommunications company PT Telkom Asman Akhir Nasution (right) present a collection of Indonesia-Slovakia phone cards to Slovakian...

Lippo Life pays dividends

Lippo Life pays dividends JAKARTA (JP): The shareholders of PT Lippo Life, an insurance arm of the Lippo Group, yesterday approved the dividend payment of Rp 35 (1.4 U.S. cents) per share from its 1995 profits, far below 1994's Rp 60 dividends.

Man arrested for lover's death

Man arrested for lover's death JAKARTA (JP): Police have arrested a man for allegedly killing his lover in a hotel in Central Jakarta on Friday, a police officer says.Central Jakarta Police Chief Lt. Col.

Dozens of foreign fishermen arrested

Dozens of foreign fishermen arrested SORONG, Irian Jaya: The authorities have arrested 64 Filipinos and impounded six fishing boats for illegal fishing, Antara reported.Lt. Col. A.T. Aprianto, chief of the Sorong naval base, said here recently that the Filipinos and their ships and 3 tons of fish...

Motocross 2nd leg slated for Padang

Motocross 2nd leg slated for Padang JAKARTA (JP): Three foreign crossers will participate in the second series of the Gudang Garam Motocross championships, which will be staged at the Lubuk Buaya circuit, Padang, West Sumatra on June 15 and 16.

Japan's ad agencies expand operations

Japan's ad agencies expand operations SEOUL (Reuter): Advertising agencies from Japan and other parts of Asia are expanding operations around the region, creating increasingly tough competition for big Western-based groups, industry experts said yesterday.

Three city gas stations to be relocated this year

Three city gas stations to be relocated this year JAKARTA (JP): The city administration will revoke the operation permits of three gas stations and relocate them to make way for parks.The city secretary's assistant for development and administration, Prawoto Danoemihardjo, said yesterday that the...

One killed, 100 hurt in Dhaka election

One killed, 100 hurt in Dhaka election DHAKA (Reuter): Bangladeshis voted in large numbers in the country's second parliamentary election in four months yesterday, but the polling was marred by scattered violence that killed one person and injured nearly 100.Voting closed at 4 p.

Young shuttlers for ABC meet

Young shuttlers for ABC meet JAKARTA (JP): Lidya Djaelawidjaja and Meiluawati, who joined Indonesia's Uber Cup team at the championships in Hong Kong last month, will represent the country at the Asian Cup badminton championships in Seoul, South Korea.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 12, 1996: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 850 -75 5,000 AHAP Insurance 2,800 0 0 Alumindo Perkasa 675 -25 2,500 Andayani Megah 1,225 0 1,500 Aneka...

Satelindo may get $248m in revenue

Satelindo may get $248m in revenue JAKARTA (JP): PT Satelit Palapa Indonesia (Satelindo), a telecommunications operator, expects to gain Rp 584.5 billion (US$248 million) in revenue this year from its business of satellites, international telephone calls and digital cellular telephones.

Golkar to field more women candidates in '97

Golkar to field more women candidates in '97 JAKARTA (JP): Ruling political organization Golkar will field more female candidates in next year's general election for the House of Representatives and local legislatures, Secretary- General Ary Mardjono said yesterday.

Foreign languages

Foreign languages I read in your paper dated May 17, 1996, an article called "Secondary school English classes not effective," and would like to make the following comments.It must be clearly understood that Indonesia does not have or practice a second language.

Tuberculosis remains number two killer

Tuberculosis remains number two killer JAKARTA (JP): Despite decades of hard work to eradicate tuberculosis, the disease remains the number two killer in Indonesia, an expert said yesterday.Pulmonologist Hadiarto Mangunnegoro, head of respiratory diseases at University of Indonesia's School of...

Wayang at the House

Wayang at the House JAKARTA (JP): The House of Representatives plans to hold a leather puppet wayang kulit show on June 14 to commemorate the Islamic New Year.The chairman of the organizing committee, Y.

Securitization process a dilemma for BI

Securitization process a dilemma for BI JAKARTA (JP): The current securitization of assets and liabilities is putting Bank Indonesia in a delicate position, said the central bank governor, J. Soedradjad Djiwandono.

Affandi family exhibition

Affandi family exhibition JAKARTA (JP): The first-ever joint exhibition featuring the finest artwork of the late Affandi, his wife Maryati and his daughters, Rukmini and Kartika, will be held at the Regent Jakarta from June 20 to July 7.

Japan wants to avoid taking RI to WTO

Japan wants to avoid taking RI to WTO TOKYO (Reuter): Japan has no plans yet to file a complaint with the World Trade Organization (WTO) over Indonesia's "national car" policy and will continue talks on the issue, a trade ministry official said yesterday.

Chiyoda wins RI order

Chiyoda wins RI order TOKYO (AFP): Japan's Chiyoda Corp. said yesterday it had received a US$400 million-$500 million order from PT Smelting Co. to design and build a copper refinery in Indonesia.The major Japanese plant engineering firm said the construction of the refinery, with annual capacity...

No change in duties on propylene

No change in duties on propylene NEW YORK (Reuter): PT Tri Polyta Indonesia said aggregate duties on propylene and polypropylene will not change as a result of the tariff package announced by the Indonesian government on June 3.

State firms to help finance N-2130

State firms to help finance N-2130 JAKARTA (JP): Minister of Agriculture Sjarifudin Baharsjah said on Tuesday that state firms overseen by his office will help finance the production of N-2130 jet aircraft by state-owned PT Industri Pesawat Terbang Nusantara (IPTN).

177 youths arrested at Lembang rave

177 youths arrested at Lembang rave BANDUNG (JP): Police raided a drug party yesterday in Lembang, about 15 kilometers north of here, rounding up 177 people between the ages of 20 and 24.Various types of drugs and 77 cars were confiscated during the dawn raid, which was led by Bandung police...

Eddy Tansil escape no surprise

Eddy Tansil escape no surpriseFrom JayakartaEddy Tansil's recent escape from Cipinang prison wasn't surprising. Anything can happen in Indonesia. What did surprise me was that just when the justice minister wanted to transfer Eddy Tansil to Nusakambangan prison in Central Java, the Cipinang warden...

Where to go in Bandung:

Where to go in Bandung:Music and Entertainments * International Imperium Hotel: Jl. Dr. Rum No. 30-32, Central Bandung: - Florence Restaurant: Famous Bandung Electonist Evan & The Pretty Singer, every Saturday, from 7 p.m. to 11 p.m. * Sheraton Hotel: Jl. Ir. H. Juanda No.

CP Prima's rights issue

CP Prima's rights issue JAKARTA (JP): PT Central Proteinaprima (CP Prima) yesterday obtained approval from its shareholders to issue rights shares to raise funds of Rp 27 billion (US$11.4 billion).A company director, Johannes Sudirto, announced after an extraordinary shareholders meeting yesterday...

5% tax on land sales

5% tax on land sales JAKARTA (JP): The sale by individual taxpayers of any land worth less than Rp 60 million (US$25,445) is now subject to a 5 percent final income tax, a new ruling states.According to Finance Minister Decree No. 392/KMK.

ASEAN nations need energy choices: Expert

ASEAN nations need energy choices: Expert BANDUNG (JP): ASEAN countries need to seek alternative energy sources in order not to become importers of oil and coal when energy demands increase in the 21st century, an expert says.

'Brunei wants to buy missiles'

'Brunei wants to buy missiles' WASHINGTON (Reuter): The Defense Department notified Congress on Tuesday that Brunei wants to buy 48 Harpoon anti-ship cruise missiles built by McDonnell Douglas for US$57 million.

1,500 garment workers demand 30 days of pay

1,500 garment workers demand 30 days of pay JAKARTA (JP): Some 1,500 employees of garment companies PT Tritexindo, PT Aneka Citra Busana and PT Mayer Crocodile held a protest at the Ministry of Manpower yesterday to demand that their companies pay them on the basis of 30 working days in a month.

Milk cooperatives ask for loan rescheduling

Milk cooperatives ask for loan rescheduling JAKARTA (JP): The Federation of Indonesian Milk Cooperatives (GKSI) plans to request a write-off or rescheduling of loans from two creditor banks which provided funds for the purchase of dairy cows.

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,...

Kupang man hung up on dog

Kupang man hung up on dog KUPANG, East Nusa Tenggara (JP): A 60-year-old man, Ngongo Bani, hanged himself here last week shortly after his wife told her she had forgotten to feed his dog for a whole day.

Indonesia should screen influences, says Soeharto

Indonesia should screen influences, says Soeharto JAKARTA (JP): Indonesia has no intention to insulate itself from the onslaught of foreign cultures, but will be selective in accepting new elements, President Soeharto hopes.

Ministry of Finance ranks top for corruption

Ministry of Finance ranks top for corruption JAKARTA (JP): The Ministry of Finance ranks first in the amount of funds involved in corruption practices, followed by the Ministry of Agriculture, according to the Development Finance Comptroller (BPKP).

Korean dies in road accident

Korean dies in road accident CILACAP, Central Java: A Korean national was killed in a road accident here on Tuesday night, police said yesterday.Chief of the Cilacap police precinct Lt. Col. Soeroso told The Jakarta Post Kim Dong Hyan was killed after his Kijang rammed into a sidewalk.

BPKP suspects foul play at Agrintara

BPKP suspects foul play at Agrintara JAKARTA (JP): Chairman of the Development and Finance Comptroller (BPKP) Soedarjono yesterday accused PTP Agrintara of financial malfeasance."Refusing to let us audit the company's financial reports implies that Agrintara may be trying to hide something," he...

U.S. House okays military aid for RI

U.S. House okays military aid for RI WASHINGTON (Agencies): American military aid to Indonesia was safeguarded when the Republican-controlled House of Representatives foiled on Tuesday the 1997 foreign operations appropriations bill which sees heavy cuts on most other items, UPI reported.

Supreme Court won't be investigated: Singgih

Supreme Court won't be investigated: Singgih JAKARTA (JP): Attorney General Singgih yesterday rejected demands that his office probe allegations of collusion in the Supreme Court after an internal investigation clearing court members this week failed to impress many people.

Floating state firms

Floating state firms Minister of Finance Mar'ie Muhammad was quite right in his observation on Tuesday that listing on domestic or international stock exchanges is the best mode of privatizing state companies.

Triple murder trial to start under tight police security

Triple murder trial to start under tight police security JAKARTA (JP): Security will be tight at the at Central Jakarta District Court today as Harnoko Dewantoro, 32, goes on trial on three counts of murder.

Indonesians know little about Timor

Indonesians know little about Timor DILI, East Timor: Vice governor J. Haribowo lamented yesterday that Indonesians know little about the territory.He said that people from other provinces have not learnt the native language, Tetun, to be able to communicate better with the indigenous people.

Shabby soccer

Shabby soccerFrom NeracaIndonesian soccer fans must be enchanted by the Euro 96 Cup tournament. The excellent individual performances throughout the championship tournament will no doubt continue to fascinate Indonesian fans.

Unprincipled lecturers

Unprincipled lecturers I am a former lecturer in some higher learning institutes like Institute of Monetary Science, Brawijaya University, Indonesia University and Diponegoro University on the subject of tax law.

Victim's family given Rp 5m

Victim's family given Rp 5m JAKARTA (JP): A man on trial for murder gave Rp 5 million (US$ 2,121) to the victim's family during a court session on Wednesday in an attempt to ease his guilt."The fact that I actually took someone's life has been haunting me day and night," the suspect, identified...

TAG Heuer's new Series 2000 gets new look

TAG Heuer's new Series 2000 gets new look JAKARTA (JP): The 2000 Series, TAG Heuer's acknowledged flagship, has been relaunched with a fresh look that aims to combine strength with elegance. An admittedly fanciful parallel that comes to mind is the progression of the cyborg from brute strength in...

Plywood prices may recover

Plywood prices may recover JAKARTA (JP): Export prices of plywood are showing signs of recovery, thanks to a sharp rise in the demand for products made of waste wood, a forestry executive says.The executive chairman of the Association of Indonesian Wood Panel Producers, A.

Construction of two Jakarta toll roads completed

Construction of two Jakarta toll roads completed JAKARTA (JP): The construction of two toll roads has been completed, Maryadi Darmokumoro, the president of state-owned toll operator PT Jasa Marga said yesterday.

PDI to sue govt over congress

PDI to sue govt over congress JAKARTA (JP): Chief of the Indonesian Democratic Party (PDI) Megawati Soekarnoputri announced yesterday she would sue the government for endorsing a splinter group's plan to hold a congress.