Indonesian Political, Business & Finance News

Archive: 16 July 1996

50 articles found

Suspect insists he's innocent

Suspect insists he's innocent TANGERANG, West Java (JP): One of four defendants charged with robbery said yesterday that the police forced him to sign an admission of guilt."I had nothing to do with the robbery. The police must have caught the wrong man.

Police said to be facing moral and emotional crises

Police said to be facing moral and emotional crises SEMARANG (JP): Indonesian police are facing moral and emotional intelligence crises, a former police chief said yesterday.Gen. (ret.) Kunarto said during a seminar on the police force that the problems constitute major stumbling blocks for the...

Indonesian shuttlers wary of searing heat in Atlanta

Indonesian shuttlers wary of searing heat in Atlanta JAKARTA (JP): Indonesia's badminton players are paying particular attention to the sweltering heat in Atlanta as it could shatter their bids to retain their Olympic gold medals.

WTO chief urges Asia to drop trade barriers

WTO chief urges Asia to drop trade barriers CHRISTCHURCH, New Zealand (Reuter): World Trade Organization (WTO) Director-General Renato Ruggiero said yesterday the dynamic economies of the Asia-Pacific should lead the world in axing trade barriers.

39,000 people for PON torch relay

39,000 people for PON torch relay JAKARTA (JP): Thirty nine thousand people will take part in the trans-archipelago torch relay for the 14th National Games. It is due to start from the Mrapen natural fire, Central Java, on Friday next week.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 15, 1996: --------------------------------------------------------- Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 750 0 0 AHAP Insurance 2,700 0 0 Alumindo...

Political reform

Political reformFrom Media IndonesiaReferring to Media Indonesia of July 3, 1996 issue concerning the statement of Prof. Dr. Nazaruddin Syamsudin that those who are in favor of political change are generally educated people in the urban areas, while the rural population is still preoccupied with...

Heirs want disputed land certificates revoked

Heirs want disputed land certificates revoked TANGERANG, West Java (JP): Thirty-two people claiming to be the legal owners of 75 hectares of land in Tangerang have asked the regency office of the National Land Agency to revoke the land certificates held by the developer of Gading Serpong housing...

Inkud gets $540m in loans

Inkud gets $540m in loans JAKARTA (JP): The federation of village cooperatives (Inkud) has raised Rp 1.27 trillion (US$540 million) in syndicated loans from five private commercial banks -- Bank Danamon, Bank Universal, Bank Duta, Bank Niaga and Bank Bukopin.

SE Asian rubber prices expected to bottom out

SE Asian rubber prices expected to bottom out SINGAPORE (Reuter): Southeast Asian rubber prices will probably remain mixed this week as most dealers feel prices will try to find their bottom, regional traders said yesterday.

Do the nation justice

Do the nation justice The row in the Supreme Court took a drastic turn last week. Since Minister/State Secretary Moerdiono revealed on July 5 that Chief Justice Soerjono has asked President Soeharto to dismiss Justice Adi Andojo Soetjipto, more and more members of the public, from prominent legal...

Roy triumphs in Sentul

Roy triumphs in Sentul JAKARTA (JP): Indonesian driver Roy Haryanto defied the odds on Sunday and swept the seventh and eighth legs of the Formula Asia championship at Sentul, West Java, for his first victories of the year.

Six killed in bus crash

Six killed in bus crash JAKARTA (JP): Six people were killed, 26 seriously injured, and 20 slightly injured, in a crash between two intercity buses on the Cikampek-Jakarta toll road on Sunday.The fatalities included five passengers and the driver of the Sinar Jaya bus, which was heading from...

Textiles products may not qualify for ASEAN

Textiles products may not qualify for ASEAN JAKARTA (JP): High import contents will possibly exclude textiles and textile-related products from the free trade arranged by the Association of Southeast Asian Nations (ASEAN).

Bogasari claims oversupply of flour

Bogasari claims oversupply of flour JAKARTA (JP): PT Bogasari Flour Mills, which dominates the country's flour industry, claims that up to 60 percent of its flour stock belongs to buyers that have yet to collect their delivery orders.

A traveler's tale

A traveler's taleFrom KompasOn June 28, 1996 I left at about 1:20 p.m. from Jl. Daan Mogot, West Jakarta, heading for Jl. Kiai Tapa. I stopped at the red lights at the Grogol intersection. Suddenly a man turned up by the side of my car, pointing a knife at me.

ABRI faction rejects presidency law demand

ABRI faction rejects presidency law demand JAKARTA (JP): The powerful Armed Forces faction in the House of Representatives is unsympathetic to students' demand for a law on the presidential institution.

Driving him up the Walls

Driving him up the Walls Allow me, please, to augment Tim G. Babcock's July 4 Noise letter with the following:What can he possibly mean: "By itself the Walls Ice cream jingle might not be so bad..."Is Mr.

Police using oxygen to counter air pollution threat

Police using oxygen to counter air pollution threat JAKARTA (JP): Traffic officers working from 5:30 a.m. to 6 p.m. now have access to oxygen supplies from a number of mobile units, City Police Spokesman Lt. Col. Iman Haryatna said yesterday.

Philippine firm acquires aging Palapa satellite

Philippine firm acquires aging Palapa satellite JAKARTA (JP): Mabuhay Philippines Satellite Corporation, a satellite operator from the Philippines, has sign an agreement with the publicly-listed PT Pasifik Satelit Nusantara of Indonesia to acquire the latter's aging Palapa-B2P satellite.

Bank Bira to arrange $1.2b of syndicated loans

Bank Bira to arrange $1.2b of syndicated loans JAKARTA (JP): Publicly-listed Bank Bira expects to arrange US$1.2 billion in syndicated loans for local companies this year, an executive from the bank said yesterday.

Policy on Myanmar defended

Policy on Myanmar defended JAKARTA (JP): Just a few days before a major Southeast Asian security forum here, Indonesian Foreign Minister Ali Alatas defended yesterday the ASEAN's policy of constructive engagement with Myanmar.

Tourism potential

Tourism potential By opening the Bintan tourist resort the Indonesian government has acknowledged tourism as having major foreign exchange potential. The government hopes to have 11 million tourists visit Indonesia in 2005, earning US$15 billion.

Indonesian worker to recount plight

Indonesian worker to recount plight SERANG, West Java: A shoe factory worker has gone to the United States, financed by labor and human rights activists, reportedly to settle the claims of her and other workers who have been fired by her company.

Regency mediation urged in land row

Regency mediation urged in land row TANGERANG, West Java (JP): Thirty-two people claiming to be the legal owners of 75 hectares of land in Tangerang have asked the regency office of the National Land Agency to revoke the land certificates held by the developer of Gading Serpong housing complex and...

Fire razes shanties in Penjaringan

Fire razes shanties in Penjaringan JAKARTA (JP): Another 90 scavengers' shanties in Penjaringan district, North Jakarta were destroyed yesterday by fire, only 10 days after fire killed one person and razed 400 makeshift houses in a neighboring subdistrict.

RI bank to set FRCDs

RI bank to set FRCDs HONG KONG (Reuter): Bank Ekspor Impor Indonesia's Singapore office has mandated Keppel Bank and Yamaichi Merchant Bank Singapore to arrange a floating rate certificate of deposit "tap" program, bankers said yesterday.

Goh invited to visit RP

Goh invited to visit RP SINGAPORE (Reuter): Philippine Foreign Secretary Domingo Siazon will meet Prime Minister Goh Chok Tong during a visit to Singapore between July 16 to 19, the city state's Ministry of Foreign Affairs (MFA) said yesterday.

Hassanal vows to widen brunei's economic base

Hassanal vows to widen brunei's economic base BANDAR SERI BEGAWAN (AFP): Sultan Hassanal Bolkiah of Brunei, the world's richest man, celebrated his 50th birthday yesterday with a promise to widen the base of the tiny kingdom's oil- dependent economy.

RI unsure of Student Games win

RI unsure of Student Games win JAKARTA (JP): Indonesia lowered its pre-match boast of wresting the overall title from Thailand in the ASEAN Student Games in Bandar Sri Begawan next week after it was announced yesterday that several key team members had opted out of the event.

Soeharto back at work, in good spirits

Soeharto back at work, in good spirits JAKARTA (JP): President Soeharto was back to business with "good spirit", his close aides said yesterday.Minister of Foreign Affairs Ali Alatas told journalists after a morning session with the President that "he (Soeharto) was obviously in good spirits and in...

City and disco owners to discuss Ecstasy

City and disco owners to discuss Ecstasy JAKARTA (JP): The public order office has invited 150 owners and managements of discotheques to City Hall today to discuss the best way to curb Ecstasy transactions.

Plywood exports to rise in September

Plywood exports to rise in September JAKARTA (JP): The Association of Indonesian Wood Panel Producers (Apkindo), counting on favorable prices and strong market demand, plans to increase the volume of its plywood exports in September.Apkindo executive chairman A.

Hickl draws with Utut to remain in the lead

Hickl draws with Utut to remain in the lead JAKARTA (JP): Grandmaster Jrg Hickl of Germany drew with his Indonesian counterpart grandmaster Utut Adianto at the BNI chess tournament here yesterday.The draw, agreed on the 30th move, kept Hickl on top of the provisional standings with 6 points, half a...

Where to go in Jakarta: July 16, 1996

Where to go in Jakarta: July 16, 1996Music * 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.

Caption

Caption Correction: The caption of the main photo which appeared on this page yesterday should have read ... Jakarta Deputy Governor TB M. Rais (right) and deputy speaker of the City Council Djufrie As. SKM (second left). We apologize for the error. -- Editor

Culture promotes emancipation

Culture promotes emancipation Following is the last of a two-part transcript of a talk recently given by the Indonesian journalist, poet and intellectual, Goenawan Mohamad, at the Helvetas General Assembly Meeting in Basel, Switzerland.

Democracy is dying: Gus Dur says

Democracy is dying: Gus Dur says DENPASAR, Bali (JP): Moslem scholar Abdurrahman Wahid says democracy is dying here because the powerful elite has made sure that the existing political system will stifle people's attempts to assert independence.

Local people asked to finance jet project

Local people asked to finance jet project JAKARTA (JP): Senior government officials in East Kalimantan and South Sulawesi have asked local residents to help finance the US$2 billion jet project of the state-owned aircraft manufacturer PT Industri Pesawat Terbang Nusantara (IPTN).

Judoist Krisna Bayu gets olympic berth

Judoist Krisna Bayu gets olympic berth JAKARTA (JP): Indonesia added a men's judoist to its Olympic team at the last minute yesterday after Krisna Bayu was awarded a wild card place from the International Judo Federation.

Malaysia's inflation 3.8%

Malaysia's inflation 3.8% KUALA LUMPUR (AFP): Malaysia's consumer prices rose 3.8 percent year-on-year in June, slightly higher than the 3.6 percent increase in May, the statistics department said yesterday.Month-on-month inflation, measured by the national consumer price index (CPI), rose 0.

Jobless man nabbed for raping sisters

Jobless man nabbed for raping sisters JAKARTA (JP): Central Jakarta police have arrested a 22-year- old man for allegedly raping his girlfriend and her younger sister.Unemployed Ahmad was apprehended at his rented house on Jl.

Manado, The Horn, and swift delivery

Manado, The Horn, and swift delivery I am always pleased with The Jakarta Post and am impressed with its quality. However I am disturbed to find daily advertisements in The Jakarta Post which promote the sale of rhinoceros horn products.

Rockwool plant starts commercial operation

Rockwool plant starts commercial operation CIKAMPEK, W. JAVA (JP): PT Nichias Rockwool Indonesia, the first rockwool producer in the country, has started commercial operation with a full production capacity of 4,800 tons per year.

RI to act as coordinator in PMC dialog with U.S.

RI to act as coordinator in PMC dialog with U.S. JAKARTA (JP): Indonesia will act as the coordinating country for member states of the Association of Southeast Asian Nations (ASEAN) during its dialog with the United States at the upcoming Post Ministerial Conference (PMC) here next week.

Little progress made in farmhouse investigation

Little progress made in farmhouse investigation JAKARTA (JP): A police officer said yesterday that little progress has been made in the case of a woman and her husband who were robbed earlier in the month at their farmhouse.

Bintang's law suit rejected

Bintang's law suit rejected JAKARTA: The Central Jakarta District Court yesterday rejected Sri Bintang Pamungkas' lawsuit against the United Development Party (PPP) for firing him from the House of Representatives.

ASEAN firm on vow to stay out of Myanmar politics

ASEAN firm on vow to stay out of Myanmar politicsBy Deborah Charles BANGKOK (Reuter): Southeast Asian nations remain unwavering in their resolve to stay out of Myanmar's internal politics, a sharp contrast to widespread condemnation and threats of sanctions from the West.

Megawati Soekarnoputri to petition the President

Megawati Soekarnoputri to petition the President JAKARTA (JP): Embattled chief of the Indonesian Democratic Party (PDI) Megawati Soekarnoputri is going to the top in her fight against Soerjadi, who ousted her in a government-backed rebel congress last month.

TV Program: Tuesday, July 16, 1996

TV Program: Tuesday, July 16, 1996TVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Kid's Song 3:05 Music Performance: Dilentasia 3:30 TV Series: Beyond Tomorrow 4:00 News: Lintasan Berita 4:05 Science Film 4:30 Culture: North Sulawesi 5:00 Regional News 5:30 English Lessons: Facial Expression 6:05...