Indonesian Political, Business & Finance News

Archive: 27 July 1996

70 articles found

Mitsubishi displays its local lineup

Mitsubishi displays its local lineupBy Russell Williamson WHILE many carmakers choose to use motor shows to display futuristic concept vehicles or high tech models from overseas affiliates, that is not the case with Mitsubishi.

Fire victims seek LBH help

Fire victims seek LBH help JAKARTA (JP): Nine residents of Penjaringan Muara Karang, North Jakarta, went to the Jakarta Legal Aid Institution (LBH) yesterday to seek help and protection from the city administration, which they claimed has arbitrarily demolished their kiosks and houses, previously...

Japan lends $490m to RI

Japan lends $490m to RI TOKYO (AFP): The Export-Import Bank of Japan announced yesterday a loan of 53 billion yen (US$490 million) to Indonesia to finance capital investment by small-scale enterprises including venture capital companies.

The ninth Jakarta Auto Expo expected to lure record crowds

The ninth Jakarta Auto Expo expected to lure record crowdsBy Russell Williamson The 1996 Jakarta Auto Expo is expected to attract as many as 250,000 visitors over the week that it is running.The expo opens today and runs until Sunday Aug. 4 and is open every day from 10 a.m. to 10 p.m.

Food for thought

Food for thought This is in response to Mr. Piero Ronci's July 23 letter regarding British beef. Mr. Ronci, how many people die each year in Britain from CJD? Currently 50, or less than one in a million.

Thai sugar exports fall in June

Thai sugar exports fall in June BANGKOK (Reuter): Thai sugar exports fell to about 485,311 tons in June from 683,040 tons a year ago, trade sources said yesterday.They said the June exports included about 283,055 tons of raw sugar and 202,256 tons of refined white sugar.

Jakarta sees more tourists

Jakarta sees more tourists JAKARTA (JP): The city saw 816,281 foreign tourist arrive in the January to June period this year, a 29.07 percent increase from 632,396 tourists in the corresponding period last year.

Aceh fishermen stranded in India

Aceh fishermen stranded in India BANDA ACEH, Aceh: Residents need the Ministry of Foreign Affairs to help them establish contact with three local fishermen who have been stranded in India since they left a detention house penniless.

The lure of roaches

The lure of roachesFrom Bisnis IndonesiaOn July 14 I bought a Baygon Roach Bait Station at Hero Sarinah. One package normally contains a pair of baits.One of the two baits attracted a number of cockroaches but the other container was completely ignored by the insects. This proved to be empty.

Government's Yankee bonds oversubscribed

Government's Yankee bonds oversubscribed JAKARTA (JP): Bank Indonesia floated Yankee bonds on Thursday worth US$400 million on the New York Stock Exchange, the government's first obligation issued in the United States.Bank Indonesia Governor J.

Church Services

Church Services * Catholic Church, University of Atmajaya, Jl. Jend. Sudirman: Saturday 5:30 p.m., Sunday, 9 a.m., 10:30 a.m. (with songs) and 5:30 p.m. * First Church of Christ, Scientist, Jl. Teuku Cik Ditiro 48, Menteng, Central Jakarta: Services on Sunday at 9:30 a.m. (in Indonesian) and 8 a.m.

Cheap sedans threaten van market

Cheap sedans threaten van market JAKARTA (JP): The current entrance of new cheap cars into the local market is likely to change the structure of auto sales, with sedans taking over the market presently dominated by multi- purpose vehicles.

Injured workers recovering after high-rise accident

Injured workers recovering after high-rise accident JAKARTA (JP): Three construction workers injured in a condominium project are recovering in hospital, while the bodies of their two dead colleagues have been taken back to their hometowns in Central Java.

'Soeharto backing Soerjadi does not end PDI dispute'

'Soeharto backing Soerjadi does not end PDI dispute' JAKARTA (JP): A noted political observer has said that the leadership conflict ravaging the Indonesian Democratic Party (PDI) has not been solved by President Soeharto's endorsement of new party chairman Soerjadi.

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,...

Kali Opak people upset over demolition plan

Kali Opak people upset over demolition plan JAKARTA (JP): About 100 residents of the Kali Opak riverbank in Penjaringan subdistrict, North Jakarta, yesterday filed a complaint over a demolition plan.The residents' spokesman, Edi Suwarto, said residents were never consulted about the North Jakarta...

Mobil Oil gets 26% interest in Natuna gas project

Mobil Oil gets 26% interest in Natuna gas project JAKARTA (JP): The state-owned oil company Pertamina has granted Mobil Oil of the United States a 26 percent interest in the Natuna gas project, the largest gas project in Indonesia."After the acquisition by the U.S.

Ecstasy smuggler arrested

Ecstasy smuggler arrested JAKARTA (JP): Soekarno-Hatta airport customs and excise officials have arrested an Indonesian for trying to smuggle in 13.689 Ecstasy pills worth more than Rp 1.3 billion (US$582,510) from Rotterdam, the Netherlands.

Megawati defies military ban

Megawati defies military ban JAKARTA (JP): The ousted leader of the Indonesian Democratic Party (PDI), Megawati Soekarnoputri, has defied the military's ban on the controversial free speech forum at the party headquarters.

Bimantara Cakra Nusa launches national cars

Bimantara Cakra Nusa launches national carsBy Russell Williamson In its bid to continue to apply for tax concessions as a national car manufacturer, Bimantara Cakra Nusa launched two cars -- the Nenggala and Cakra -- this week under its own brand name.

Congestion rates for Jakarta?

Congestion rates for Jakarta? Going through traffic in Jakarta will eventually become even worse. Some day, when the planned subway has become operational, private cars taking Jakarta's main thoroughfares will be subject to taxation.

Mercedes delivers a full luxury lineup for expo

Mercedes delivers a full luxury lineup for expoBy Russell Williamson VISITORS to the Jakarta Auto Expo in the market for a luxury car will have a perfect opportunity to evaluate all the options with Mercedes lining up its full model range.

October tourism expo to use larger space

October tourism expo to use larger space JAKARTA (JP): Covering 5,850 square meters, the total exhibition space of the third Tourism Indonesia Mart and Expo (TIME) to be held in October will be double the size of the exhibition's floor space last year.

Volvo, Audi race against conservative image

Volvo, Audi race against conservative imageBy Alexander Corne A VOLVO race car may seem at odds with the marque's traditional conservative image, but the Swedish company is shedding its skin and strapping on fat tires to compete more effectively with BMW, Audi and Mercedes-Benz.

Reinventing Indonesian society

Reinventing Indonesian societyBy Meuthia Ganie Rochman and Rochman Achwan NIJMEGEN, the Netherlands (JP): The market economy's undisputable lead over socialism and the rise of giant economies in the Pacific have led social scientists to search for the causes of the successes and failures of other...

4,000 seats vacant at state universities

4,000 seats vacant at state universities JAKARTA (JP): About 4,000 out of 64,000 contested seats at state universities throughout Indonesia are vacant this year, an official said yesterday.Announcing the results of this year's evaluation on college entrance tests, Wiwit B.

Man killed in Bongkaran

Man killed in Bongkaran JAKARTA (JP): A man was beaten and stabbed to death yesterday in the prostitution complex of Bongkaran, Central Jakarta.Central Jakarta Police Chief Lt. Col. Abubakar Nataprawira said that residents found the victim, who was in his 30s, screaming and lying on the ground in...

PPP protests over threat

PPP protests over threat SURABAYA: The local chapter of the United Development Party (PPP) has lodged a complaint with the government, protesting the village chiefs' intimidation of its party activists in Madura last week.

Police identify suspect killer of street boys

Police identify suspect killer of street boys JAKARTA (JP): After three weeks of investigation, the East Jakarta police have identified the man suspected of killing and mutilating eight street boys in Jakarta.

'Typhoon Gloria' kills 23 in RP

'Typhoon Gloria' kills 23 in RP MANILA (Reuter): One person was killed and 14 were missing after flash floods generated by Typhoon Gloria swept a bus off a road on a central Philippine island, police said yesterday.

Six soldiers to stand trial for shooting

Six soldiers to stand trial for shooting JAKARTA (JP): Three high-ranking officers and three soldiers will stand trial on Monday for suspected involvement in the shooting of West Kalimantan demonstrators in April, Antara reported yesterday.

Honda City to debut at Jakarta Auto Expo

Honda City to debut at Jakarta Auto ExpoBy Russell Williamson PT PROSPECT Motor, the local importers and assemblers of Honda vehicles will preview its Honda City at the Jakarta Auto Expo.The City is expected to go on sale in the third quarter of 1996 and will join the company's other two...

City seals Hailai discotheque over drug case

City seals Hailai discotheque over drug case JAKARTA (JP): The city public order office temporarily closed down Hailai discotheque in North Jakarta yesterday after one of its managers was arrested for drug possession on Tuesday.

Health service unequal in Irian

Health service unequal in Irian JAYAPURA, Irian Jaya: Governor Jacob Pattipi admitted yesterday that many residents in the hinterland do not have access to government health services.He told members of the provincial legislative council that the lack of health personnel, inadequate transportation...

Developer neglects to provide cemetery

Developer neglects to provide cemetery TANGERANG, West Java (JP): The developer of Bukit Cikasungka housing complex in Tangerang, PT Panca Wiratama Sakti, has not complied with the regulation to provide residents with a cemetery, Regent Saifullah AR said.

Asuransi Astra issues new policy

Asuransi Astra issues new policy JAKARTA (JP): PT Asuransi Astra Buana is to launch a new policy, an integrated housing insurance scheme called "Garda Puri", under its program to diversify its insurance services.

Students stage demonstration

Students stage demonstration UJUNGPANDANG, South Sulawesi: About 50 Indonesian Moslem University students spent last night at the provincial legislative council building.They were pressing for the court-martialling of the 12 security officials believed responsible for the April deaths of three...

Soeharto Cup to resume

Soeharto Cup to resume JAKARTA (JP): More than 40 horses will take part in the 30th Soeharto Cup national horse racing championships first series at the Pulo Mas track tomorrow.Committee chairman Ferialdy Adnoes said the national prestigious championships will feature nine races, with the 1,850...

Toyota offers its vision for future development

Toyota offers its vision for future developmentBy Russell Williamson TOYOTA-ASTRA will be using the Jakarta Auto Expo to give visitors a view of what the company is doing overseas as well as its concept for the future of automotive development.

Indonesia urged to ratify ILO convention on child labor

Indonesia urged to ratify ILO convention on child labor JAKARTA (JP): The Second National Conference on Child Labor in Indonesia ended yesterday with a call to ratify the International Labor Organization (ILO) Convention no. 138 as a presidential decree, Antara reported.

Ford move to European-sourced product

Ford move to European-sourced productBy Russell Williamson FORD in Indonesia will begin sourcing its vehicles from Ford of Europe over the next two years.The first of these products, the Escort, will be on show at the Jakarta Auto Expo and is expected to go on sale in the first quarter of next year.

RI pulp production expected to reach 11.1m tons by 2010

RI pulp production expected to reach 11.1m tons by 2010 JAKARTA (JP): Indonesia's annual pulp production is expected to reach 11.1 million tons by the year 2010 with the help of 16 new pulp mills in the country, says Chairman of the Indonesian Pulp and Paper Association M. Mansur.

Sour and sweet always meet

Sour and sweet always meet Mr. Coelho turned a pale shade of yellowWhen he was maligned in a letter unsignedAnd Farid Baskoro couldn't take any more - oWhen journalists Western, asking difficult questionsAbout RI planes, gave him terrible pains.

PT Timah's profits up 64%

PT Timah's profits up 64% JAKARTA (JP): PT Tambang Timah, a listed tin mining company, announced a 64 percent increase in its net profit yesterday to Rp 70.6 billion (US$30.17 million) in the first semester of this year from Rp 43 billion in the same period of 1995.

Australia's sports car makes debut in Indonesia

Australia's sports car makes debut in IndonesiaBy Russell Williamson ORBITAL Engine Company may be an unfamiliar name to Indonesians, but it is one which is likely to become very well- known in the near future.

Singapore bans political videos

Singapore bans political videos SINGAPORE (AFP): Singapore yesterday banned the island's main opposition group from selling a political video ahead of general elections expected later this year, saying parties should not be sold like soap.

Shuttler Joko leads Indonesia's march for medals

Shuttler Joko leads Indonesia's march for medals ATLANTA, Georgia (Agencies): Joko Suprianto, top seed in the men's singles badminton competition, enjoyed the lightest of warm-ups in his debut at the Olympic Games on Thursday.

Chrysler's Sebring convertible sure to be a showstopper

Chrysler's Sebring convertible sure to be a showstopperBy Russell Williamson CHRYSLER's growth in the Indonesian market has been impressive over the past two years, with the four-wheel drive Cherokee now commanding top spot in its market sector.

Indosat wants Partyline ads blocked

Indosat wants Partyline ads blocked JAKARTA (JP): PT Indosat, the state-owned telecommunications provider, wants all advertisements for call-back services -- widely known as Partyline -- to be blocked.In an official letter, a copy of which was sent to The Jakarta Post yesterday, Indosat spokesman J.

EU trade caution catches Asians unaware

EU trade caution catches Asians unaware BRUSSELS (Reuter): European officials say their Asian counterparts, having prepared table-thumping responses to expected criticism of their trade policy, may have been won over by a softly-softly European Union approach.

Bank Bali's ATM

Bank Bali's ATMFrom KompasAt around 5:30 a.m. on June 5, I went to Bank Bali's automatic teller machine (ATM) at Kopo Permai in Bandung, West Java to collect Rp 800,000.It is not possible to collect that amount with one push of the button. The first push yielded Rp 400,000.

Opel tests the local market with niche vehicles

Opel tests the local market with niche vehiclesBy Russell Williamson DESPITE General Motors decision to postpone future investment in Indonesia because of the national car policy, the local importer, General Motors Buana Indonesia, has one of the most impressive stands at the Jakarta Auto Expo.

2.5m Indonesian set to work abroad by 2000

2.5m Indonesian set to work abroad by 2000 JAKARTA (JP): The government expects at least 2.5 million Indonesians to be employed overseas by year 2000, contributing about US$12.5 billion in foreign exchange a year, a minister says.

Security men ease vigil as ministers leave town

Security men ease vigil as ministers leave town JAKARTA (JP): No major security problems were reported during the series of ASEAN ministerial meetings which ended Thursday, City Police Spokesman Lt. Iman Haryatna said yesterday."Everything went well," Iman told The Jakarta Post.

Neglected and raped

Neglected and raped The court has barely closed the chapter on the series of gang rapes that shocked Jakarta this past year, now the city police have another tough case: to catch a serial killer who preys on young boys.

Peace deal failure may lead to conflict

Peace deal failure may lead to conflict MANILA (AFP): The failure to push through with a controversial peace agreement with Moslem insurgents may result in a new conflict that will further squander the resources of the Philippines, President Fidel Ramos warned here yesterday.

Baleno, a bold move for Suzuki

Baleno, a bold move for SuzukiBy Russell Williamson SUZUKI, marketed by Indomobil, is using the Jakarta Auto Expo to promote existing products and preview some new vehicles.Being previewed is the Baleno, a small car to be launched by the company at the end of this year.

Palestinians penetrate world market

Palestinians penetrate world marketBy Sami Aboudi NABLUS, West Bank (Reuter): Despite stiff Israeli security restrictions, one West Bank factory has broken into the export market with a "Made in the West Bank and Gaza" label.

Estee Lauder adds to life's 'pleasures'

Estee Lauder adds to life's 'pleasures' Due to technical problems, there were a number of misprints in the article Estee Lauder adds spice to life's little 'pleasures' which appeared in the Sunday edition of July 21, 1996. We have therefore decided to rerun the story on this page.

S. Korean Musso set to muscle in on Jeep

S. Korean Musso set to muscle in on JeepBy Russell Williamson INDONESIA is set to get yet another vehicle from the automotive powerhouse that is South Korea.However, this will not be a small generic four-door sedan along the lines of the Timor, Nexia or Cakra but a large tough four-wheel drive...

S. Korean Daewoo to launch Nexia

S. Korean Daewoo to launch NexiaBy Russell Williamson DAEWOO will be the third South Korean manufacturer to enter the increasingly crowded small passenger sedan market when the Nexia goes on sale late this year.

BMW to challenge Mercedes with new car

BMW to challenge Mercedes with new carBy Russell Williamson and Alastair Doak BMW may have delivered the goods to give Mercedes-Benz' E- Class a serious shake-up in the showroom with its all new 5- Series.

JSX shares plunge 1.3% on profit taking

JSX shares plunge 1.3% on profit taking JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) closed 1.3 percent lower yesterday, bringing the week's total loss to 3.2 percent due, due to foreign selling pressures and profit-taking by local investors on concerns about a possible U.S.

RI, Laos tie up

RI, Laos tie up JAKARTA (JP): Indonesia and Laos signed a memorandum of understanding on tourism yesterday, to provide a basis for expanding the range of tourism promotion cooperation between the two countries.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 26, 1996: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 1,275 -25 66,000 AHAP Insurance 2,700 0 0 Alumindo Perkasa 700 0 30,000 Andayani Megah 1,275 -25...

Olympics medal tally

Olympics medal tally Position as of Friday 23.00 Western Indonesia Time .tb 0.1" 1.8" 2.4" 3.0" Russia 13 8 5 U.S.A 12 16 4 France 7 4 7 China 5 5 6 Italy 5 4 4 Poland 5 3 2 Germany 3 3 11 Cuba 3 4 5 S.

RI urges Europe not to mesh bilateral issues

RI urges Europe not to mesh bilateral issues JAKARTA (JP): Indonesia is calling on its European partners not to connect bilateral problems, such as the East Timor issue, with the overall cooperation between ASEAN and the European Union.

Mazda joins the luxury minibus market

Mazda joins the luxury minibus marketBy Russell Williamson MAZDA, under the auspices of its local importer Indomobil, is to join the growing number of manufacturers introducing upmarket people movers.On display at the Jakarta Auto Expo is the company's up and coming A2000 eight-seater family car.

Nissan previews new flagship Infiniti

Nissan previews new flagship InfinitiBy Russell Williamson NISSAN plans to take on Toyota's Crown and the Europeans in the large luxury car stakes when it launches its new flagship Infiniti next year.Indomobil, the local importer and assembler of Nissan products, plans to introduce the I-30...

Portugal to study East Timor

Portugal to study East Timor DILI, East Timor: Dili regent Dominggos M.D. Soares said that he welcomes a Portuguese plan to study the development of East Timor after joining Indonesia in 1976."It is a positive non-political effort that could help amicably resolve the East Timor political problem,"...