Indonesian Political, Business & Finance News

Archive: 22 June 1996

64 articles found

Soeharto calls for proper use of state funds

Soeharto calls for proper use of state funds JAKARTA (JP): President Soeharto yesterday urged officials to use state funds wisely even though the Consultative Group on Indonesia (CGI) had decided to meet most of the government's aid request.

Twelve die in bus accident

Twelve die in bus accident JAKARTA (JP): Twelve people died and 30 others were injured when a Cahaya Kerinci passenger bus plunged into a ravine in the Sitinjau Laut area some 20 kilometers south of Padang, the capital of West Sumatra, early yesterday.

Garment trader killed

Garment trader killed JAKARTA (JP): A garment trader has been stabbed to death by a relative who was accused of stealing Rp 60,000 (US$25.53) of the trader's money.City Police Spokesman Lt. Col. Iman Haryatna said that the victim, Burhan Samuli, accused his relative, Ikbal, of stealing Rp 60,000...

Indonesian Air Shoe set for take off

Indonesian Air Shoe set for take off JAKARTA (JP): Indonesia Air Show '96, an ambitious aviation exhibition at the Soekarno-Hatta international airport, will be opened by President Soeharto today.The multimillion dollar show, which will feature both dynamic and static exhibitions and involve some...

Govt issues only one industrial investment license

Govt issues only one industrial investment license CIKAMPEK, West Java (JP): Minister of Industry and Trade Tunky Ariwibowo told local administrations not to pass any regulations requiring licences for investment projects on industrial estates.

Limits to freedom

Limits to freedom I read the front page article 'Unrecognized new party gains more support' in The Jakarta Post of June 18, 1996.I was surprised at the conclusion made by your newspaper, a paper usually cautious in giving its opinion.

Work starts on Ngawi rest area

Work starts on Ngawi rest area SURABAYA: The East Java provincial administration is currently building a rest area for motorists near the border with Central Java in Ngawi.The facility, which is expected to be completed in March next year, is built off a busy highway in Pengkol, a village near the...

Fighting fire with fire

Fighting fire with fire Pollution in Jakarta has reached unacceptable levels. Are you, reader, resigned to accepting the fact that Jakarta has the inglorious distinction of being one of the world's most polluted cities?Are you prepared to accept the fact that the air we breathe is becoming more and...

S. Korea hit by high-cost economy

S. Korea hit by high-cost economyBy Riyadi SEOUL (JP): Despite its grand vision for its economic future, South Korea continues to suffer from a chronic high-cost economy and defiant current account deficit.

'Stop religious tension with talks'

'Stop religious tension with talks' SEMARANG (JP): Scholars agree that extensive discussions between religious leaders are needed to reduce tension among their followers.Unfortunately, "such dialog is still limited," Jaka Sutapa from the Duta Wacana Christian University in Yogyakarta said recently.

Pramindo gets new shareholders

Pramindo gets new shareholders JAKARTA (JP): Telephone consortium PT Pramindo Ikat Nusantara announced yesterday that it will add Japan's Marubeni and Nichimen Corps. to its list of shareholders.Pramindo said in a statement that Marubeni will now have an 8- percent stake in the consortium and...

Passion not jargon

Passion not jargon It seems Mr. Ronci (The Jakarta Post, June 18, 1996) may have misconstrued some valuable points made in Mr. Hayton's letter (The Jakarta Post, June 14, 1996) about Euro '96 commentary.

Impressive display awaits visitors to air show

Impressive display awaits visitors to air show JAKARTA: The Indonesia Air Show '96 will no doubt be one of the world's largest. Over 200 companies from 22 countries have confirmed their participation, with as many as 62 planes to go on display at Soekarno-Hatta International Airport in Cengkareng.

Pesticide commission bans 28 hazardous active chemicals

Pesticide commission bans 28 hazardous active chemicals JAKARTA (JP): The National Pesticide Commission has decided to ban pesticides containing one or more of the 28 active chemicals identified as being hazardous to people's health and harmful to the environment.

Indonesia earns place in aerospace industry

Indonesia earns place in aerospace industryBy Rita. A. Widiadana JAKARTA (JP): Indonesia has proudly entered the era of advanced technology with its hi-tech aerospace industry.State-owned PT Industri Pesawat Terbang Nusantara or IPTN, the only aircraft industry in Southeast Asia, has put the world...

Govt blasted for dominating the flow of information

Govt blasted for dominating the flow of information YOGYAKARTA (JP): Communication experts are criticizing the government for "dominating" the flow of information to society, in an effort to shape public opinion to its advantage.

Scandal taints college degrees

Scandal taints college degrees BANGKOK (UPI): Several Thai politicians have been asked to return their degrees from a northeastern college following allegations that the school provides diplomas to rich students who pay "tuition" but do not have to attend classes, reports said yesterday.

Semen Gresik projects to make Rp 200b profit

Semen Gresik projects to make Rp 200b profit JAKARTA (JP): PT Semen Gresik, a publicly-listed cement producer, said yesterday it had made a net profit of Rp 52.2 billion (US$22 million) in the first quarter of 1996.

RI lifter aims for fifth in Atlanta

RI lifter aims for fifth in Atlanta JAKARTA (JP): As winning a medal at the Atlanta Olympic Games looks unlikely, Indonesia's best lifter, Heri Setiawan, has said he will be content with fifth place."I have prepared to finish among the top five, instead of overburdening myself with the too great...

Technological progress abounds

Technological progress abounds JAKARTA (JP): Indonesia Air Show '96 is providing a first-hand look at some of the world's most potential markets in an industry that has one of the greatest growth rates in Asia.

Indonesia rallies to beat Malaysia

Indonesia rallies to beat Malaysia FUKUOKA, Japan (Agencies): Indonesia survived a tough battle against Malaysia before winning 4-15, 15-5, 11-15, 15-5, 16-14 and raising its win-loss record to 2-1 at the Asian Pacific Cup men's volleyball tournament yesterday.

Workers ask for help from rights body

Workers ask for help from rights body JAKARTA (JP): Sixty workers, who have been on strike for four days, lodged their grievances yesterday with the National Committee on Human Rights.The employees of packaging factory PT Maxpos Prima in Tangerang, West Java, asked the commission to reprimand the...

Osaka eyes Asian markets

Osaka eyes Asian markets TOKYO (Reuter): The Osaka Securities Exchange (OSE) plans to establish an Asian stock section in November and the first company is expected to be listed as early as next spring, an OSE spokesman said yesterday.

Elephants to be given away

Elephants to be given away BANDAR LAMPUNG, Lampung: The Ministry of Forestry has scrapped the Rp 14 million ($6,000) transfer fee it charges for every tamed elephant from the Way Kambas Elephant Training School.

War stories

War stories A nephew of mine, born in the former Dutch East Indies, returned, to Japanese-occupied Taiwan with his Taiwanese parents just before the Pacific War broke out in 1941.When my nephew arrived in Taiwan the country was feverishly preparing for war and all healthy young males were...

Congress

CongressCorrection: The main photo caption appearing on this page yesterday should have read: "ABRI's Sociopolitical Affairs Chief Lt. Gen. Syarwan Hamid". We regret the error. -- Editor

How the people of Jakarta view their changing city

How the people of Jakarta view their changing city JAKARTA (JP): Today marks the 469th anniversary of Jakarta, home to over 9 million people and a multitude of problems. There is thus a chance for both its residents and authorities to reflect on their achievements and failures -- for which both the...

Bank depositors to get better protection

Bank depositors to get better protection JAKARTA (JP): The regulation on bank liquidations now being drafted by the government will give stronger protection to depositors, according to a senior official of Bank Indonesia, the central bank.

Hidden side of Ali Sadikin to be exhibited at TIM

Hidden side of Ali Sadikin to be exhibited at TIMBy Johannes Simbolon JAKARTA (JP): Hundreds of newspaper and magazine articles, a best-selling biography and a compilation of press interviews have been published about Ali Sadikin, the former governor of Jakarta.

Alatas off to Geneva for more Timor talks

Alatas off to Geneva for more Timor talks JAKARTA (JP): Minister of Foreign Affairs Ali Alatas is to fly to Geneva tomorrow for an eighth round of talks with his Portuguese counterpart to settle the international status of East Timor.

600,000 families to be resettled by 1999

600,000 families to be resettled by 1999 JAKARTA (JP): The government plans to complete resettling 600,000 families by the end of the current sixth Five-Year Development Plan period in 1999, an official says.H.J.

From Bleriot flight to Indonesia Air Show '96

From Bleriot flight to Indonesia Air Show '96 JAKARTA: In the big scheme of things, aviation is relatively young. Barely 100 years old, given the Dec. 17, 1903 historic flight by the Wright brothers, aviation has seen tremendous growth.

SMART to divest tuna business shares

SMART to divest tuna business shares JAKARTA (JP): PT SMART Corporation of the Sinar Mas Group, a manufacturer of crude palm oil-based products, announced yesterday it will divest its shares in another loss-making subsidiary in a bid to boost its earnings growth.

Australia drops nomination of envoy to RI

Australia drops nomination of envoy to RI JAKARTA (Agencies): Australia yesterday dropped the nomination of senior diplomat Miles Kupa as its ambassador to Indonesia following media disclosure that he once wrote a report highly critical of President Soeharto.

U.S. trade mission to Asia

U.S. trade mission to Asia WASHINGTON (Reuter): Secretary of Commerce Mickey Kantor said on Thursday he would lead a commercial delegation to Asia to discuss trade and investment in the telecommunication, transportation and automotive industries.Kantor and eight chief executives from U.S.

Kidnapers arrested

Kidnapers arrested JAKARTA (JP): Police arrested four men yesterday for allegedly kidnapping a man believed to be an Ecstasy seller on Jl. Kebon Jahe, in Central Jakarta.City Police Spokesman Lt. Col. Iman Haryatna said that the police apprehended four of the six suspected kidnappers; Ersan alias...

Concorde jets into Jakarta

Concorde jets into Jakarta JAKARTA (JP): To help celebrate Indonesia Air Show '96, which is being held at Soekarno-Hatta Airport until June 30, British Airways will operate an additional scheduled one-off flight between London and Jakarta using a Concorde aircraft.

More facilities for the disabled needed

More facilities for the disabled neededBy Martina Tobing JAKARTA (JP): Theresia Ariswari, cried out for recognition as a member of this society in this paper's May 26, 1996 issue. Theresia is disabled. She wants to live and love and work, just like all of us.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 21, 1996: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 850 0 0 AHAP Insurance 2,800 0 0 Alumindo Perkasa 675 0 0 Andayani Megah 1,125 -25 750,000 Aneka Kimia...

World Index adds RI

World Index adds RI LONDON (Reuter): Following its quarterly meeting, the FT/S&P- Actuaries World Index Policy Committee is to add the Philippines and Indonesia to its World Indices from July 1.The Philippines will account for 0.12 percent of the FT/S&P World Index, 2.

Manila's reserves rise

Manila's reserves rise MANILA (AFP): The Philippines's gross international reserves rose to a 10-year high of US$10.25 billion as of Wednesday, Central Bank of the Philippines governor Gabriel Singson said.The central bank had put the gross international reserves level at $9.66 billion on May 10.

Public action urged to prevent dengue fever

Public action urged to prevent dengue fever JAKARTA (JP): Head of the city health agency Asman Lasman said the public does not understand the importance of preventing dengue fever.Unless the people themselves start eliminating potential breeding spots for the aedes aegypti mosquito, which carries...

TV today

TV todayTVRI 2:30 p.m. Travel: Wajah Negeriku 2:35 TV Series: Gaiking 3:00 News: Lintasan Berita 3:30 Soccer: Dunhill League 4:00 News: Lintasan Berita 4:05 Soccer: Dunhill League (continued) 5:10 Evening News 5:30 Tours: Tanah Karo 6:00 News: Lintasan Berita 6:05 Nusantara, the Beloved Country:...

Adi Andojo takes collusion case to Vice President

Adi Andojo takes collusion case to Vice President JAKARTA (JP): Justice Adi Andojo Soetjipto has taken his campaign to clean the Supreme Court of collusion to Vice President Try Sutrisno after his own immediate supervisor failed to take action.

Heart-stopping excitement from aerobatics teams

Heart-stopping excitement from aerobatics teams JAKARTA (JP): Four of the world's most entertaining aerobatics teams will fill the skies during the Indonesia Air Show '96, performing for the air show's Aerobatics Festival.Air Force Col.

Hanjin wins RI order

Hanjin wins RI order SEOUL (Reuter): South Korea's Hanjin Shipping Co, a unit of the Hanjin Group HANJ.CN, said yesterday it has won a US$100 million contract from Indonesian state oil firm Pertamina to transport Indonesian-produced crude oil from 1998.

Ethnic conflicts test security

Ethnic conflicts test securityBy Anak Agung Banyu Perwita BANDUNG (JP): A major problem facing pluralistic nation-states is rising ethnic conflict among their people. Since the Cold War, conflict between ethnic groups and states has posed major challenges to domestic and international security in...

RI's university graduates lack social awareness

RI's university graduates lack social awareness JAKARTA (JP): Indonesia's universities have been successful in producing intelligent professionals who constitute the country's "strategic elite group", but have failed in instilling in their graduates an awareness of their social environment, an...

Goethe Institut

Goethe Institut At a discussion forum during an exhibition in Surabaya, East Java, I had the strong impression that the artists there had a great thirst for exchanging ideas with artists and art observers from outside Surabaya, learning from each other.

PDI and military reach agreement on street rallies

PDI and military reach agreement on street rallies JAKARTA (JP): The embattled executive board of the Indonesian Democratic Party (PDI) and the Jakarta military command agreed yesterday that, following Thursday's bloody clash in the capital, no more violence would be perpetrated by either side.

City to eliminate fences to make Jakarta friendly

City to eliminate fences to make Jakarta friendly JAKARTA (JP): A gubernatorial decree on the demolition of walls separating high-rise buildings will be issued this year, Governor Surjadi Soedirdja said yesterday.

Bali is relatively safe

Bali is relatively safe DENPASAR, Bali: Bali Governor Ida Bagus Oka said the island is still relatively safe for foreign visitors, with a crime rate that could not be regarded as excessive.Oka told reporters that the fact that the number of visitors to Indonesia continued to increase year after...

Car race video game players to join competition in July

Car race video game players to join competition in July JAKARTA (JP): Players of the Sega video game Daytona will compete for the first time in July."The Daytona car race video game has been popular among the public, with children and adults.

Bre-X climbs on new Busang gold estimate

Bre-X climbs on new Busang gold estimate CALGARY (Reuter): A new calculation of the amount of gold harbored in Bre-X Minerals Ltd's huge Busang property in Indonesia sent investors scurrying into the market Thursday, driving up the company's stock in heavy volume.

Deregulation of fisheries sector to be announced

Deregulation of fisheries sector to be announced JAKARTA (JP): The government will announce next week a number of deregulatory measures for the fisheries sector, Minister of Agriculture Sjarifudin Baharsjah says.

French jumpers set for sweep

French jumpers set for sweep LIDO, West Java (JP): France maintained its superb form yesterday for a possible clean sweep of the Sixth World Parachuting Championships on Canopy Formation.Although strong winds caused the organizers to stop the sorties, France has maintained its chance of winning the...

Energy Equity raises funds

Energy Equity raises funds SYDNEY (Reuter): Energy Equity Ltd said yesterday it would raise A$28 million through a share issue of 42.5 million shares at 66 cents each.Energy Equity (EEC) Managing Director Maurice Brand said the capital raising would be used by EEC to fund new energy project...

Toll roads dilemma

Toll roads dilemma An appropriate moment has been chosen to announce the latest increase in toll road fees. While the public is being kept confused by the PDI congress affair and people are excited over the European Cup soccer tournament, the government suddenly came with the announcement of urban...

Philippines and Moro talks formally open

Philippines and Moro talks formally open DAVAO, Philippines (Agencies): Peace talks with Moro rebels formally opened in this southern city late yesterday, delayed by backroom negotiations to solve remaining problems.

Congress to demote Megawati

Congress to demote MegawatiBy M.M.I. Ahyani MEDAN, North Sumatra (JP): Participants at the government- sponsored congress of the Indonesian Democratic Party (PDI) yesterday pondered what role to assign to Megawati Soekarnoputri, the party chief they intend to oust.

Archer to light Games torch

Archer to light Games torch JAKARTA (JP): Top Indonesian female archer Nurfitriyana Sam Lantang, has been named to kindle the 14th National Games torch with a flaming arrow during the Games's opening ceremony on Sept. 9, secretary-general of the organizing committee, Eddy Widodo, said on Thursday.

Lidya through Asia Cup semis

Lidya through Asia Cup semis JAKARTA (JP): Indonesia's Uber Cup player Lidya Djaelawidjaja rallied to beat her Chinese counterpart Zhang Ning 11-6, 4-11, 11-9 for a place in the semifinals of the Ciba Asia Cup badminton championships in Seoul yesterday.

Aid builds confidence

Aid builds confidence As Indonesia's official foreign debt servicing and installment payments have been greater than its annual loan from its creditor consortium, the Consultative Group on Indonesia (CGI), it is easy to get the impression that the government has been forced into a debt trap;...

ASEAN and Japan show concern over Myanmar

ASEAN and Japan show concern over Myanmar WASHINGTON (Agencies): U.S. envoys sent to Asia to warn that Myanmar is a destabilizing force in the region have reported that Southeast Asian nations and Japan share fundamental U.S. concerns about Burma, the White House said on Thursday.U.S.