Indonesian Political, Business & Finance News

Archive: 21 June 1996

50 articles found

National car issue

National car issue Referring to Mr. HW Pienandoro's letter (The Jakarta Post, June 12, 1996) on Car troubles, I would like to say that he missed the point. It is not the national car which the local media and the world are arguing about and which the American Automobile Manufacturers Association,...

City cagers off to SEA meet

City cagers off to SEA meet JAKARTA (JP): Jakarta's basketball team will represent Indonesia in the Southeast Asian under-22 men's basketball tournament from June 23 to June 30 in Bandar Sri Begawan, Brunei.

Collusion kills honor

Collusion kills honor For the umpteenth time outspoken House Speaker Wahono has lashed out at collusion. Collusion cases, he said, have been unveiled one by one in recent months and the regularity has muted people's sense of embarrassment.

Six months for a watch

Six months for a watch JAKARTA (JP): A court sentenced a pickpocket to six months yesterday."I beg for a light punishment, I feel bad for my poor grandmother," Jamal Mahdim, 26, told the East Jakarta district court almost in a whisper, a far cry from the usual image of pickpockets who often harass...

Hexindo Adiperkasa diversifies its business

Hexindo Adiperkasa diversifies its business JAKARTA (JP): PT Hexindo Adiperkasa, a publicly listed heavy machine distributor, announced yesterday that it was preparing to become a builder and reconditioner of coal mines.

One dead in bicycle taxi accident

One dead in bicycle taxi accident JAKARTA (JP): A 27-year-old man died when a vehicle carrying employees crashed into a bicycle taxi on Jl. Cakung-Cilincing in North Jakarta on Wednesday.The victim who died was Muslimin, the passenger of the bicycle taxi.

Many children lack protein

Many children lack protein JAYAPURA, Irian Jaya: About 13 percent of the province's 192,958 children under five suffer protein deficiency, Antara reported yesterday.Quoting the head of the local health office, Dr.

Ekadharma's profits down

Ekadharma's profits down JAKARTA (JP): Publicly listed PT Ekadharma Tape Industries said yesterday that its shareholders have endorsed a Rp 50 (2.1 U.S. cents) dividend.Ekadharma's president, Judi Widjaja, said after an annual shareholders' meeting yesterday that two new directors -- Bejo Santoso...

Let peace prevails in the subcontinent

Let peace prevails in the subcontinent Kashmir has now become a central topic and there are the letters of Mr. Abdula Ghalib, Mr. Prabhakar, Mr. Masli Arman, and Mr. R. Chitrapu.As mentioned by Mr. Chitrapu (The Jakarta Post, June 17, 1996), India is a time tested democracy since 1947, where...

Chicken pox no threat to Indonesian shuttlers

Chicken pox no threat to Indonesian shuttlers JAKARTA (JP): Chairman of the Badminton Association of Indonesia, Surjadi, confirmed yesterday that preparations for the Atlanta Olympic Games would continue despite the chicken pox cases in the squad.

Duty on ships waived

Duty on ships waived JAKARTA (JP): The government has further reduced the tax burdens on shipping companies by waiving the transfer-of- ownership duty on ships used for public transportation of passengers or cargo.The tax incentive was granted by Finance Minister's Decree No.

Dutch firms interested in reclamation plans

Dutch firms interested in reclamation plans JAKARTA (JP): The Ministry of Public Works is studying a number of methods for possible inclusion in reclamation plans for Kapuk Naga in Tangerang, West Java.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 20, 1996: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 850 0 0 AHAP Insurance 2,800 0 0 Alumindo Perkasa 675 0 5,000 Andayani Megah 1,150 -50 487,000 Aneka...

Villagers return home

Villagers return home JAYAWIJAYA, Irian Jaya: Some 500 residents of Geselama village have started returning home after fleeing in May during army operations to free hostages held by local rebels, Antara reported yesterday.

Investigators study Tansil case suspects

Investigators study Tansil case suspects JAKARTA (JP): The East Jakarta Prosecutor's Office has assigned 18 prosecutors to study dossiers of a dozen suspects allegedly involved in last month's escape of a convicted businessman.

Duta Anggada's dividends

Duta Anggada's dividends JAKARTA (JP): Property developer PT Duta Anggada Realty said yesterday that it would pay a Rp 40 (1.6 U.S. cents) dividend to shareholders listed on July 16.The company's 1995 annual report said its net profit fell from Rp 30 billion in 1994 to Rp 27 billion in 1995 despite...

PT Anwar aims for Rp 35b profit

PT Anwar aims for Rp 35b profit JAKARTA (JP): Poultry supplier PT Anwar Sierad yesterday predicted net sales of Rp 475 billion (US$201 million) and net profit of Rp 35 billion for 1996, compared to last year's figures of Rp 345 billion and Rp 26 billion respectively.

Hermawan off to shaky start

Hermawan off to shaky start JAKARTA (JP): Senior shuttler Hermawan Susanto and his junior Jeffer Rosobin both crashed to defeat in their respective group matches at the Asia Cup badminton championships in Seoul on Wednesday.

Two go missing in beach accident

Two go missing in beach accident DENPASAR, Bali: Two Surabaya high school students went missing on Monday when swimming with three others in dangerous water off Kuta Beach, Antara reported yesterday.Andra Gunawan and Arya Setiabudi, both aged 17, are missing.

E. Asia Squash meet starts here today

E. Asia Squash meet starts here today JAKARTA (JP): Seven countries have confirmed their participation in the 20th East Asia Squash Championship due to begin here today at the Pertamina squash center, located in South Jakarta's elite quarter of Simprug.

Telkom reshuffles strategic executives

Telkom reshuffles strategic executives JAKARTA (JP): Less than five weeks after the installation of its new boards of commissioners and directors, the state-owned domestic telecommunications operator announced yesterday a reshuffle of 16 strategic executives.

CGI pledges US$5.26b in financial aid for RI

CGI pledges US$5.26b in financial aid for RI JAKARTA (JP): The Consultative Group on Indonesia (CGI) pledged US$5.26 billion in financial aid to Indonesia for the 1996/1997 fiscal year at the end of its two-day meeting in Paris yesterday.The fresh loan commitment is slightly lower than the $5.

Where to go in Surabaya:

Where to go in Surabaya:Music * Elmi Hotel: Jl. Panglima Sudirman No. 442-44: - Qemi Club: Abouwhim Band, 9 p.m. * Majapahit Hotel: Jl. Tunjungan 65: - Palm Bar: La Costa Band, daily from 6 p.m. to 10 p.m. * Patra Surabaya Hilton International: Jl.

On air pollution

On air pollution Two letters appearing in the June 20, 1996 edition of The Jakarta Post from Mr. Coelho and Mr. Suradibroto, which followed Mr. Gentry's (The Jakarta Post, June 18, 1996) prompt me to raise an additional issue concerning the vexatious question of Jakarta's polluted air.

Mitsubishi to build RI plant

Mitsubishi to build RI plant TOKYO (Reuter): Mitsubishi Corp said yesterday that it had linked up with U.S. and Indonesian firms to build a 450,000- kilowatt power plant in Java, Indonesia, at a cost of about US$700-$800 million.

TV Media replies

TV Media replies We refer to the news article in the June 10, 1996 edition of The Jakarta Post entitled Customers flood YLKI with complaints about TV Media.We consider it necessary to correct some inaccuracies in the report so as not to cause an unnecessary misinterpretation, which is...

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,...

RI's maternal mortality rate still high

RI's maternal mortality rate still high JAKARTA (JP): President Soeharto expressed concern yesterday over Indonesia's maternal mortality rate, which is the highest among ASEAN countries, and called for a concerted campaign to reduce it.

Indonesia's foreign debt burden called critical

Indonesia's foreign debt burden called critical JAKARTA (JP): Senior economist Sumitro Djojohadikusumo warned yesterday that Indonesia's foreign debt, estimated at around US$100 billion, had reached a critical level with a 32 percent debt-service ratio against exports.

Where to go in Bali:

Where to go in Bali:Music and entertainment * 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.

Armed Forces cares for PDI, Gen. Feisal declares

Armed Forces cares for PDI, Gen. Feisal declaresBy M.M.I. Ahyani MEDAN, North Sumatra (JP): Armed Forces (ABRI) Chief Gen. Feisal Tanjung said yesterday that the concern shown by the military to the condition of the Indonesian Democratic Party (PDI) should not be seen as meddling in its internal...

RI's spikers suffer 1st loss

RI's spikers suffer 1st loss JAKARTA (JP): Indonesia crashed to a straight-set defeat to Thailand in the second day of the Asia-Pacific Volleyball Cup men's volleyball tournament in Kurume, Japan yesterday.

France breaks own record in eight-way formation

France breaks own record in eight-way formationBy Primastuti Handayani LIDO, West Java (JP): It took just two days for the French parachute team to break its world eight-way speed formation record at the World Parachuting Championships on Canopy Formation here yesterday.The French skydivers took 27.

Crimes on outskirts not serious: Hamami

Crimes on outskirts not serious: Hamami JAKARTA (JP): City Police Chief Maj. Gen. Hamami Nata denied allegations that crime on the outskirts of Jakarta has reached an alarming level."The situation is not as bad as many newspapers have reported.

New schools to be built

New schools to be built SAMARINDA, East Kalimantan: Five junior high schools will be built in five regencies with Rp 8.15 billion (US$3.5 million) which the province received from the 1996/1997 budget, Antara reported yesterday.

TV today

TV todayTVRI 2:30 p.m. My Country 3:05 Teenage Program: Remaja Indonesia 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: North Sulawesi 6:15 Village Program 6:45 Information:...

More students shun state universities

More students shun state universities JAKARTA (JP): The number of students writing last week's nationwide admission tests for state universities declined by 8 percent as more high school graduates turn towards private universities.

Try a CN-235 during the show

Try a CN-235 during the show JAKARTA (JP): Privately-owned Merpati Nusantara is offering city flights in a locally made CN-235 during the Air Show.Those going to the Soekarno-Hatta International Airport where the Air Show will take place can take a flight from Halim Perdanakusuma airport in East...

Antinuclear activists walk out of hearing

Antinuclear activists walk out of hearing JAKARTA (JP): Antinuclear campaigners yesterday walked out of a Golkar-sponsored discussion after speakers talked down to them about the positive usage of nuclear energy.

Yogie inaugurates PDI congress

Yogie inaugurates PDI congressBy M.M.I. Ahyani MEDAN, North Sumatra (JP): The opening day of a congress convened by breakaways of the Indonesian Democratic Party (PDI) proceeded almost problem-free in the heavily-guarded Pangkalan Masyhur Haj Dormitory yesterday.

UK explorer lauds 19th-century Wallace

UK explorer lauds 19th-century WallaceBy Jim Della-Giacoma MANADO, Indonesia (Reuter): British explorer Tim Severin has just completed a three-month voyage on a traditional fishing boat through Indonesia's remote Spice Islands.

PDI supporters out of line in Jakarta: Official

PDI supporters out of line in Jakarta: Official JAKARTA (JP): The Armed Forces said the thousands of supporters of embattled chief of the Indonesian Democratic Party (PDI) Megawati Soekarnoputri went too far in their street rally here yesterday.

Lawyers call for stronger bar association

Lawyers call for stronger bar association JAKARTA (JP): Prominent legal experts are calling for a unified bar association to complement the government's efforts to improve law enforcement.Prof. Loebby Loqman of the University of Indonesia's Law School, and Todung Mulya Lubis, a corporate lawyer and...

City collects Rp 8.3b in shopping center fines

City collects Rp 8.3b in shopping center fines JAKARTA (JP): Shopping center owners have provided a total of Rp 8.3 billion (US$3.6 million) in compensation for their failure to give sites in their buildings to small traders since 1983.

Cathay links HK, NY

Cathay links HK, NY JAKARTA (JP): From next month Cathay Pacific Airways will fly between Hong Kong and New York, United States, five times per week."New York is one of the great cities in the world and is an important addition to Cathay's worldwide network.

Firm risks contempt with dam work

Firm risks contempt with dam work KUALA LUMPUR (Reuter): The builder of Malaysia's US$5.5 billion Bakun hydroelectric dam, Ekran Bhd, risks being held in contempt of court if it does not stop work on the project, a lawyer who argued the case said yesterday.

Nippon finds natural gas

Nippon finds natural gas TOKYO (Reuter): Nippon Oil Co Ltd and trading house Kanematsu Corp said yesterday that their subsidiaries had found natural gas deposits of more than 36 million cubic feet (1.02 million cubic metres) per day off Indonesia.

Toll inferno bus driver's trial starts in Bogor

Toll inferno bus driver's trial starts in Bogor BOGOR, West Java (JP): The trial of an inter-city bus driver involved in an accident which killed 31 people on March 23 began yesterday at the Bogor District Court.The defendant Ag.

Peace talks remain deadlocked

Peace talks remain deadlocked DAVAO, Philippines (Reuter): Government and Moro rebel negotiators failed yesterday to resolve a deadlock on integrating guerrilla forces into the Philippine army.This is one of the major issues blocking a final agreement to end a 24-year rebellion in the southern...

Japan remains concerned about RI car policy

Japan remains concerned about RI car policy JAKARTA (JP): Japan remains concerned about Indonesia's national car program even though the controversial issue did not directly affect its loan commitments at the meeting of the Consultative Group on Indonesia (CGI), which has just ended.