Indonesian Political, Business & Finance News

Archive: 29 June 1996

55 articles found

Mahathir slammed over Bakun dam project

Mahathir slammed over Bakun dam project KUALA LUMPUR (AFP): Malaysian non-governmental organizations (NGOs) yesterday hit out at Premier Mahathir Mohamad for accusing foreigners of instigating local NGOs in taking the government to court over the building of a massive dam.

Gus Dur hints at giving support to defiant Megawati

Gus Dur hints at giving support to defiant Megawati JAKARTA (JP): Abdurrahman Wahid, chief of the 30-million strong Nahdlatul Ulama (NU), has pledged to help support Megawati Soekarnoputri, the besieged chief of the Indonesian Democratic Party (PDI).

Mercedes introduces its two-wheel alternative

Mercedes introduces its two-wheel alternativeBy Russell Williamson PT Star Motors Indonesia, the local assembler of Mercedes-Benz cars, has introduced the perfect partner for the luxury German passenger cars.

California opens ASEAN trade and investment office

California opens ASEAN trade and investment office JAKARTA (JP): The U.S. state of California opened its trade and investment office for Southeast Asia here yesterday."We were previously trying to cover this market out of the Hong Kong office which is responsible for this region," the deputy...

RI seeks offset arrangement for all aircraft purchases

RI seeks offset arrangement for all aircraft purchases JAKARTA (JP): Indonesia will require an offset arrangement for any purchase of aircraft from other countries in a bid to promote the development of its own aviation industry, Minister for Research and Technology B.J. Habibie said yesterday.

Collusion story at Supreme Court continues

Collusion story at Supreme Court continuesBy T. Sima Gunawan JAKARTA (JP): Chief Justice Soerjono attempted earlier this month to put an end to the uproar over alleged collusion and bribery at the Supreme Court by announcing that the investigation team found no evidence to support the charges.

City to hold kite festival

City to hold kite festival JAKARTA (JP): The city administration will hold a kite festival at the National Monument (Monas) park, Central Jakarta from June 30 to July 3. Various types of kites made by local and foreign kitemakers will be flown.

Megawati loses chair but not stature

Megawati loses chair but not stature The recent controversial congress of the Indonesian Democratic Party (PDI) in Medan effectively bulldozed Megawati Soekarnoputri from the chairmanship, but political analyst Riswandha Imawan believes she is rising in stature.

Aussie health care sells to exist

Aussie health care sells to existBy Dewi Anggraeni MELBOURNE (JP): Health and hospital care a business commodity? Is nothing sacred? The combined conference of Indonesian Cultural and Education Institute and Australia Indonesian Business, held on 16-18 June here Melbourne, confirmed that this is a...

Andhika joins Lux Asia team

Andhika joins Lux Asia team JAKARTA (JP): Indonesia's young racing star Andhika Anindyaguna Hermanto yesterday joined the Formula-Four Lux Motorsports Asia Team for the Indonesian legs of the Formula Asia championship scheduled for July and December.

Govt to deregulate fishing sector

Govt to deregulate fishing sector JAKARTA (JP): The government will remove a ban preventing Indonesian companies from buying and operating foreign ships in Indonesian waters, an official says.Coordinating Minister for Production and Distribution, Hartarto, said after a meeting with President...

Street kids go camping

Street kids go camping JAKARTA (JP): Around 200 young scavengers, street singers and vendors from various parts of the city are taking a break from work for a three-day camping holiday.Boarding hired Metro Mini buses, the street children from Bantar Gebang in Bekasi, Cakung and Penas in East...

Serial killer may be behind youths' deaths

Serial killer may be behind youths' deaths JAKARTA (JP): Four young men, whose dead bodies have been found in bushes around the defunct Kemayoran airport in Central Jakarta in the past two years, are thought to have been murdered by one person.

Romana's fitness hampers RI Fed Cup preparations

Romana's fitness hampers RI Fed Cup preparations JAKARTA (JP): With just two weeks remaining before its Fed Cup playoff against Switzerland, Indonesia has been given a headache by second singles Romana Tedjakusuma, who has yet to pass a fitness test.

Auto Expo set to put RI on the automotive map

Auto Expo set to put RI on the automotive mapBy Russell Williamson This year's Auto Expo, to be held at the Jakarta Convention Center next month, is set be bigger and better than ever before.The Auto Expo runs from Saturday, July 27 to Sunday, Aug. 4 and is open daily from 10.00 a.m. to 10 p.m.

National Olympic team to meet Soeharto

National Olympic team to meet Soeharto JAKARTA (JP): President Soeharto is to receive the Indonesian Olympic team at the State Palace on July 5, three days before it leaves for the world's biggest sporting meet in Atlanta.

Golden Valley mining venture

Golden Valley mining venture ADELAIDE (Reuter): Mineral explorer Golden Valley Mines NL said it had entered into an exploration joint venture at the Bukit Hijau porphyry copper-gold project in East Java in Indonesia.

Nissan's Serena opens up a new local market segment

Nissan's Serena opens up a new local market segmentBy Russell Williamson and Tim Britten Nissan's new Serena burst onto the car market last month with the company taking about 300 orders in the first week.

Police lack people's trust, observers say

Police lack people's trust, observers say JAKARTA (JP): The National Police is celebrating its 50th anniversary on July 1 dogged by many serious problems, most notably the public's lack of trust.Criminologist Purniyanti of the University of Indonesia said that a recent survey revealed almost 27...

Chechnya and Russian polls

Chechnya and Russian polls When the war in Chechnya had just started in December 1994, I wrote a letter to The Jakarta Post entitled Legacy of an Empire, calling on the Russian government to grant Chechnya and other autonomous republics the right to a confederation status, including the right to...

Sampoerna splits shares

Sampoerna splits shares SURABAYA, East Java (JP): Cigarette producer PT HM Sampoerna will pay a Rp 275 (12 U.S. cents) cash dividend (12 U.S. cents) for the 1995 financial year.The dividend payment was approved during a shareholders' meeting on Thursday.

World Bank grants firms $3.5m for ozone projects

World Bank grants firms $3.5m for ozone projects JAKARTA (JP): Seven companies have received US$3.5 million in grants from the World Bank to replace ozone-destroying production techniques and materials with more environmentally-friendly means.

Two firms pay dividends

Two firms pay dividends JAKARTA (JP): The shareholders of PT Mayora Indah, a publicly- listed manufacturer, approved a final dividend of Rp 25 (1 U.S. cent) per share for 1995.Mayora's sales revenue increased by 22 percent from Rp 249 billion in 1994 to Rp 304 billion last year, while its net...

UNESCO photo contest deadline

UNESCO photo contest deadline JAKARTA (JP): Professional and amateur photographers are urged to send in entries for the 19th world photo contest by July 31.By this date entries, which must be original and unpublished, must reach the Asia-Pacific Cultural Center for UNESCO in Tokyo, Japan.

Little progress made at Geneva East Timor talks

Little progress made at Geneva East Timor talks JAKARTA (JP): The eighth meeting between Indonesian and Portuguese foreign ministers under the auspices of the United Nations Secretary-General ended in Geneva on Thursday, with little headway in resolving the East Timor question.

Troubled factory will be renovated: Management

Troubled factory will be renovated: Management JAKARTA (JP): Executives of PT Sarkis Pacific Indonesia, whose factory in Tangerang was burnt down by angry employees on Tuesday, have planned to immediately renovate the plant and begin production again.

RI labor conditions improving, says Latief

RI labor conditions improving, says Latief JAKARTA (JP): The positive results of Indonesia's years of hard work to improve workers' conditions have won international recognition, Minister of Manpower Abdul Latief said yesterday.

Traffic detour at Monas

Traffic detour at Monas Jakarta (JP): Starting today there will be several traffic detours near Monas compound.The inner section of Jl. Pelataran Monas will be closed to the public. All vehicles will be redirected to a new road parallel to Jl. Silang Monas.

PT Indah Kiat to increase production to 1.2 million tons

PT Indah Kiat to increase production to 1.2 million tons JAKARTA (JP): PT Indah Kiat Pulp and Paper aims to be capable of producing 1.2 million tons of pulp per annum by the end of this year, the company said yesterday. Its current capacity is 800,000 tons.

Landuse and human resources

Landuse and human resources The policy of encouraging industrial growth during the past 25 years proved inadequate in keeping pace with the growing number of human resources. The number of job opportunities available is not balanced by the number of people entering the labor market.

Nuclear project in the bag

Nuclear project in the bag SEMARANG: The government's controversial plan to build a nuclear plant near here is most likely to go ahead despite strong objection from environmentalists, an official said.The project's feasibility study for the project on the Muria peninsula, about an hour drive east...

Virtual banking needs new regulations: Analysts

Virtual banking needs new regulations: Analysts JAKARTA (JP): The rapid development of information technology in the banking sector means changes are required in its regulation, analysts said yesterday.

9,000 ready to monitor poll

9,000 ready to monitor poll SEMARANG: The Central Java chapter of the Moslem-oriented Indonesian Development Party (PPP) has recruited 9,000 activists to monitor next year's general election.The activists, who consist of people from various professions, from laborers to college students, will be...

PDI members told to end mass street protests

PDI members told to end mass street protests JAKARTA (JP): The chief of the Jakarta Regional Military Command, Maj. Gen. Sutiyoso, warned loyalists of ousted Indonesian Democratic Party (PDI) leader Megawati Soekarnoputri yesterday to quit their mass street protests, as they have disrupted the...

Golds depend on women golfers

Golds depend on women golfers JAKARTA (JP): The host Jakarta will be relying on its national women's golfers to win the gold medals in the sport at the 14th National Games this September.The quartet of Retno Mustari, Gunaningsih, Ani Iman and Titi Puryanti should face no stiff opposition in the...

Notable lawman Ali Said dies of asthma at 69

Notable lawman Ali Said dies of asthma at 69 JAKARTA (JP): Ali Said, the former chief justice and chairman of the National Commission on Human Rights, died of asthma at Pondok Indah hospital yesterday. He had turned 69 on June 12.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 28, 1996: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 800 0 5,000 AHAP Insurance 2,800 0 0 Alumindo Perkasa 675 25 18,000 Andayani Megah 1,150 0 769,500 Aneka...

Abdul Manullang -- The Stevie Wonder of Bekasi

Abdul Manullang -- The Stevie Wonder of BekasiBy Johannes Simbolon JAKARTA (JP): People who frequent the Bekasi bus terminal are familiar with Abdul Manullang, a 41-year-old blind singer with a deep voice who regularly performs with his young children near a Chinese restaurant there.

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 Culture 6:00 News: Lintasan Berita 6:05 Performance: Pelangi 6:15 Village Program...

General Motors freezes investment in Indonesia

General Motors freezes investment in IndonesiaBy Russell Williamson General Motors Corp has frozen its investment in Indonesia for an indefinite period in response to confusion surrounding the government's national car policy.

NGOs seek media help with environment campaign

NGOs seek media help with environment campaign JAKARTA (JP): The Indonesian Forum for Environment (Walhi) has called on the media to help non-governmental organizations' (NGOs) campaign for sustainable development.

Indonesia scheduled to host ASEAN meeting next month

Indonesia scheduled to host ASEAN meeting next monthBy Matthew Allen Vehicle emissions and safety standards, together with improved regional trade, will be the major issues when the ASEAN Automotive Federation (AAF) convenes in Jakarta next month.

Festival for street singers

Festival for street singers BOGOR, West Java (JP): The Bogor Association of Street Singers in cooperation with the local administration will organize a competition for street singers.To be staged in the town's information office's hall, the competition, the first of its kind to be held in...

Food bill targets firms neglecting safety rules

Food bill targets firms neglecting safety rules JAKARTA (JP): The government yesterday submitted to the House of Representatives a food bill which includes the imposition of penalties of up to Rp 500 million (US$217,391) against companies neglecting food-safety regulations.

Seven die in bus crash

Seven die in bus crash TEGAL, Central Java: Seven people were killed and 16 others injured in a mass pile up involving a van, a bus and a scooter here on Thursday night, police said yesterday.Chief of the Tegal police precinct Lt. Col. Soedibyo said the accident at about 8 p.m.

Panin Bank writes off loans worth Rp 38.5b

Panin Bank writes off loans worth Rp 38.5b JAKARTA (JP): Publicly-listed Panin Bank removed bad loans worth around Rp 38.5 billion (US$16.5 million) from its balance sheet last year to improve its financial performance, says a senior official of the bank.

Mercedes offers fresh perspective

Mercedes offers fresh perspectiveBy Russell Williamson Mercedes-Benz's new E-Class mid-sized luxury sedan arrived in Jakarta earlier this month with a fanfare befitting a presidential visit.With the theme of "See Mercedes-Benz with new eyes", reflecting the cars distinctive oval headlights, the...

Where art thou Walter Burley Griffin? Indonesia needs you

Where art thou Walter Burley Griffin? Indonesia needs youBy Zatni Arbi CANBERRA (JP): The Brassey Hotel, Room 250. I was just about to take a quick shower when the phone rang. It was a lady friend who was wishing me welcome to Canberra, a city I was visiting for the first time.

Barito pays Rp 50 devidend

Barito pays Rp 50 devidend JAKARTA (JP): The shareholders of PT Barito Pacific Timber, a major publicly-listed producer of plywood and blockboards, yesterday approved the management's proposal to pay a dividend of Rp 50 (2.1 U.S. cents) per share.

PT Gas Negara aiming for Rp 90 billion net profit

PT Gas Negara aiming for Rp 90 billion net profit JAKARTA (JP): The state-owned PT Perusahaan Gas Negara (PGN), recently changing its legal status to a limited liability company with a commercial mission, forecast a net profit of Rp 90 billion (US$38.96 million) this year.

Crazy world

Crazy world The Jakarta Post recently commissioned a survey of readers, and one of the questions was "how does the paper compare with other newspapers in terms of content?" My answer would be that it compares very favorably, as, in any single edition, it gives an unequaled exposure of the crazy...

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,...

Seminar to discuss adverts

Seminar to discuss adverts JAKARTA (JP): PT Ammirati Puris Lintas Indonesia is to host a regional conference on the advertising industry in the Asia Pacific region here next month.The company said in a statement on Thursday that Ammirati Puris' chairman, Martin Puris, will attend and speak at the...

Truth or dare

Truth or dare Given the risk it poses to human life and the relative ease with which it spreads, it is not surprising that many people are worried about the dengue fever epidemic in various places in Indonesia, and specifically in Jakarta.

Bimantara to supply Asia with Hyundai vehicles

Bimantara to supply Asia with Hyundai vehiclesBy Russell Williamson PT BIMANTARA Cakra Nusa could soon become the sole supplier of right-hand drive Hyundai vehicles in the Asian region.The company, a wholly owned subsidiary of PT Bimantara Citra headed by Bambang Trihatmodjo, President Soeharto's...