Indonesian Political, Business & Finance News

Archive: 1 August 1996

61 articles found

Stopping terrorism no easy task

Stopping terrorism no easy taskBy Gabriel Koch JAKARTA (JP): With whispered plots it begins. In carnage the schemes are laid. With cries of swift and effective retribution does the West respond. In murmurs of apathy and forgetfulness does the hue and action fade away.

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,...

Neglected children

Neglected children Referring to Fishermen's children suffer from exploitation (The Jakarta Post, July 21, 1996), I would like to make some comments.I feel sorry for our children these days, especially those who live in remote areas or in fishing villages, because they have no opportunity to play...

For travel agents, Merapi accessible

For travel agents, Merapi accessible MAGELANG Central Java: Recent reports of volcanic activity on the 2,911-meter Mt. Merapi have left many here wondering if the top of the mountain is still accessible.Many residents of Yogyakarta and the surrounding towns claim that the mountain is inaccessible.

Not funny

Not funny Reading the poem Sour and sweet always meet (The Jakarta Post, July 27, 1996) in "Your Letters" column, I am compelled to make this comment. The poet apparently wanted to be funny, but what was written about Pak Djuana and ilk is not funny at all.

South Korea's Bang is taking gold seriously

South Korea's Bang is taking gold seriously ATLANTA, Georgia (DPA): South Korean women's badminton champion Bang Soo-hyun is the daughter of a popular comedian, but her dream of an Olympic gold medal is no laughing matter.

Philippines and Thailand closer to gold

Philippines and Thailand closer to gold ATLANTA, Georgia (Agencies): The Philippines and Thailand moved a step closer to historic Olympic gold boxing medals with quarterfinal victories at the Atlanta tournament on Tuesday.

Indonesian national anthem heard in Atlanta

Indonesian national anthem heard in Atlanta ATLANTA, Georgia (Agencies): The national anthem Indonesia Raya was finally played at the Atlanta Olympics yesterday after Indonesia's formidable pairing of Ricky Subagja and Rexy Mainaky clinched the men's badminton doubles title.

Men's duo gives Indonesia its 1st medal

Men's duo gives Indonesia its 1st medal ATLANTA, Georgia (Agencies): A beleaguered Indonesian badminton team was eventually given something to cheer on Tuesday when the men's doubles team of Antonius Irianto and Danny Kantono earned the country its first medal.

Student groups concerned about riot victims

Student groups concerned about riot victims JAKARTA (JP): Four influential student organizations expressed concern yesterday for the many people who became victims in Saturday's violent rioting and called for the cessation of "violent politics" in the country.

Villagers protest blockade

Villagers protest blockade BEKASI, West Java (JP): More than 100 residents in the Kebalen district gathered yesterday to protest a housing developer who has fenced in an 8,000-square-meter plot and blocked passage on a local road.

Sentosa to issue bonds

Sentosa to issue bonds JAKARTA (JP): PT Catur Sentosa Adiprana, a distributor of building materials, said yesterday that it will soon issue convertible bonds worth US$20.5 million to finance its expansion plan.

Beauty and harmony are ageless in Balinese dance

Beauty and harmony are ageless in Balinese danceBy Marina Kaneti DENPASAR, Bali (JP): Many would describe Bali as the island of the gods. It might be more accurate to characterize Bali as an island where nature, people, and gods create one magic world of art, drama and dance.

Where to go in Bandung:

Where to go in Bandung:Music and Entertainment * Chedi Hotel: Jl. Rancabentang 56-58: Job (Piano), Monday to Wednesday, 5:30 p.m. to 8 p.m.; Irven (Guitar), Monday to Wednesday, 8:30 p.m. to 11 p.m.; Mixed voices Accapela singer and Andi (Pianist), Thursday and Saturday, 8:30 p.m. to 11:30 p.m.

Over 270,000 work hours lost in strikes this year

Over 270,000 work hours lost in strikes this year JAKARTA (JP): A total of 270,305 working hours from January to June were lost due to strikes this year, a union representative said yesterday.The chairman of the Jakarta office of the All-Indonesia Workers Union, Fauzi Ibrahim, said 57 strikes were...

Armed robbers steal from bank customers

Armed robbers steal from bank customers JAKARTA (JP): The police are looking for two men believed to have robbed a bank customer of Rp 166 million (US$70,638) in cash on Tuesday.The robbery took place on Jl.

Air passengers must pay service charge directly

Air passengers must pay service charge directly JAKARTA (JP): Domestic air passengers will now be directly responsible for paying the government's Passenger Service Charge (PSC), which used to be added into the price of an airline ticket.

Man on trial for 'shoeing' a judge

Man on trial for 'shoeing' a judge JAKARTA (JP): A 30-year-old jobless man stood trial yesterday for throwing a shoe at a judge during the controversial trial of politician Sri Bintang Pamungkas in May.

International exhibition on press to open soon

International exhibition on press to open soon JAKARTA (JP): The Indonesian Press and Graphics Association will open the annual International Exhibition and Seminars on Printing and Paper at the Kemayoran Fair Ground next week.

City returns to normal despite four bomb threats

City returns to normal despite four bomb threats JAKARTA (JP): Four bomb hoaxes disrupted the city yesterday but business activity in shopping centers and office buildings was largely back to normal.Shops in the Mangga Dua shopping malls and the Glodok electronics market in West Jakarta, and the...

Oka finishes 13th in wind-surfing

Oka finishes 13th in wind-surfing JAKARTA (JP): Indonesian lone hopeful I Made Oka Sulaksana finished 13th after nine races in the Olympic wind-surfing competition at Savannah Beach, Georgia.Coach Robby Rumeper said that Oka, who competed in the one mistral design class, scored the highest points...

Betawi festival opens on Jl. Jaksa

Betawi festival opens on Jl. Jaksa JAKARTA (JP): Once again Jl. Jaksa, a Central Jakarta street well-known among the foreign backpacking brigade, is hosting a cultural festival called Pesta Jl. Jaksa '96, from July 31 to Aug. 4.

Consortium to build E. Java toll road

Consortium to build E. Java toll road JAKARTA (JP): A consortium of companies led by businessman Setiawan Djody has been appointed by the government to construct a 29.5-kilometer toll road connecting Pandaan and Malang in East Java.

GM sets up ASEAN base

GM sets up ASEAN base SINGAPORE (Reuter): Delphi Automative Systems, part of General Motors, said yesterday it had set up an ASEAN base in Singapore to coordinate its expanding activities in the regional vehicle market.

Comics craze boosts the Indonesian comics industry

Comics craze boosts the Indonesian comics industryBy A. Ariobimo Nusantara JAKARTA (JP): Take your child to a bookstore and you can bet your bottom dollar it will be the comic section it will make a beeline for.

Bogor railway still loses money

Bogor railway still loses money BOGOR, West Java (JP): The Bogor railway company still loses money on its Bogor to Sukabumi route because there are not enough passengers to meet its operating costs, a company official said.

Jakartans divided over Sutiyoso's shoot-on-sight order

Jakartans divided over Sutiyoso's shoot-on-sight order JAKARTA (JP): Human rights activists, businessmen and residents expressed alarm over the city military's shoot-on-sight order, while a legislator said it was reasonable.

Rift with developer reported to council

Rift with developer reported to council TANGERANG (JP): Thirty-two people claiming to be heirs of a man named Tan Hok Tjioe sought assistance from the regency council yesterday regarding a 75-hectare plot.

Food supplies a major concern for RI

Food supplies a major concern for RI JAKARTA (JP): Minister of Production and Distribution Hartarto said yesterday that food and power supplies are critical issues that Indonesia will face over the next decade,Even though Indonesia has posted 7 percent economic growth per year for the last 28...

Hashimoto's shrine visit gets new rap

Hashimoto's shrine visit gets new rap TOKYO (Reuter): North Korea yesterday joined the chorus of protests from Asian nations against Japanese Prime Minister Ryutaro Hashimoto's visit this week to a controversial war shrine.

Legislators should defend people's interests: Wahono

Legislators should defend people's interests: Wahono JAKARTA (JP): House of Representatives Speaker Wahono urged legislators yesterday to defend people's interests so that people will not take to the street to vent their frustration.

Worried vendor

Worried vendorFrom KompasI am a cigarette and soft drink vendor on Jl. Mahakam, Kebayoran Baru, in South Jakarta. I have been in this line of business for ten years with its ups and downs.The tree under which I erected my small stall was cut down two years ago. I don't know exactly who ordered it.

LG plans more RI plants

LG plans more RI plants SEOUL (AFP): South Korea's LG Electronics Co. said yesterday it would build a 150-million-dollar joint venture plant with Japan's Asahi Glass and two other Indonesian firms to produce TV tube parts in Indonesia.The joint venture, P.T.

Puncak discotheques raided for drugs

Puncak discotheques raided for drugs BOGOR (JP): Discotheques along the road leading to the Puncak mountain resort have been subjected to three raids in the past two months following suspicions of transactions of illegal drugs.Denny M.

Japan sending more and more investment Asia's way: analyst

Japan sending more and more investment Asia's way: analyst TOKYO (AFP): Asia can expect to experience a strong growth in Japanese direct investment over the next few years as producers here continue adjustments for the strong yen, according to a leading analyst. BZW Research Ltd.

Stocks prices inched up 0.4% in quiet trading

Stocks prices inched up 0.4% in quiet trading JAKARTA (JP): Stock prices on the Jakarta Stock Exchange (JSX) edged up by only 0.4 percent yesterday in a very quiet trading as most foreign investors continued to sideline.

National car benefits market

National car benefits marketFrom NeracaI have wanted to own a car for a long time, a luxury automobile if possible. Therefore the decree on the national car has attracted my attention.The many reports and articles on the national car have led me to the following conclusions: The granting of...

Japan, RI battle tropical disease

Japan, RI battle tropical disease JAKARTA (JP): Representatives from the Indonesian and Japanese governments yesterday exchanged notes of cooperation for the construction of a Tropical Disease Center at the Airlangga University in Surabaya, East Java.

Indonesia takes two diving medals

Indonesia takes two diving medals JAKARTA (JP): Two Indonesian scuba divers romped home with a silver and a bronze medal in the second Asian Diving Championships in South Korea on July 27 and July 28.Razul Chalbi, executive director of the Indonesian Diving Association, said that M Ivan Diponegoro...

Olympic Results

Olympic ResultsBadminton (semi-finals)Women's singles: Mia Audina (Ina) bt Kim Ji-hyun (Kor) 11-6, 9- 11, 11-1; Bang Soo-hyun (Kor) bt Susi Susanti (Ina) 11-9, 11-8Men's singles: Dong Jiong (Chn) bt Rashid Sidek (Mas) 15-6, 18- 16; Poul-Erik Hoyer-Larsen (Den) bt Hariyanto Arbi (Ina) 15-11,...

Confucian couple fights for recognition

Confucian couple fights for recognitionBy Sirikit Syah SURABAYA (JP): Budi Wijaya and Lanny Guito say they don't ask for much: They are married and want their union to be recognized by the government.But its not that simple.

Manila's wealthy rise above gridlock

Manila's wealthy rise above gridlockBy Ramoncito dela Cruz MANILA (Reuter): A helicopter flying above Manila high-rise buildings used to be such a rare sight that gawking motorists and pedestrians created a mini-traffic jam.

Minister hopes tax breaks will woo foreign investors

Minister hopes tax breaks will woo foreign investors JAKARTA (JP): State Minister of Investment Sanyoto Sastrowardoyo said yesterday that the recently introduced tax holidays should attract new foreign investment."We are facing tight competition from our neighbors in attracting foreign investment.

Local stocks prices increase 0.4% in quiet trading

Local stocks prices increase 0.4% in quiet trading JAKARTA (JP): Stock prices on the Jakarta Stock Exchange (JSX) edged up 0.4 percent yesterday amid quiet trading with most foreign investors sidelined."Today's increase doesn't mean that the market has regained investors' confidence.

Govt hopeful riot wont's hit investment

Govt hopeful riot wont's hit investment JAKARTA (JP): The government remained confident yesterday that last weekend's riots would not adversely affect the country's investment climate, but businessmen seem jittery.

RI, Pakistan sign deal

RI, Pakistan sign deal KARACHI, Pakistan (Reuter): The state-run Trading Corporation of Pakistan (TCP) said yesterday it had signed an agreement with the Indonesian Chamber of Commerce and Industry (KADIN) to increase bilateral trade to US$1 billion in next two years from $211 million in 1994/95...

Clove conversion project to cost $174m

Clove conversion project to cost $174m JAKARTA (JP): The conversion of clove plantations into food crops will require at least Rp 400 billion (US$173.9 million) from the farmers' compulsory savings scheme, an official says.

Retraining important, Wardiman says

Retraining important, Wardiman says JAKARTA (JP): Minister of Education and Culture Wardiman Djojonegoro emphasized yesterday the importance of giving graduates access to retraining to meet the very dynamic needs of modern occupations.

Matsushita's RI venture

Matsushita's RI venture TOKYO (AFP): Japan's Matsushita Electric Industrial Co. Ltd. said yesterday it would start producing fluorescent bulbs in Indonesia next year.The world's largest consumer electronics company said applications were lodged July 11 with the Indonesian authorities, and approval...

Rais calls for trustworthy officials

Rais calls for trustworthy officials JAKARTA (JP): Deputy Governor for Economic and Development Affairs Tb. Rais said plans on the collection of city revenue should be thorough and realistic.He said yesterday that plans must take into account not only the existing potential, but the "aspirations of...

Corn floor price policy opposed

Corn floor price policy opposed JAKARTA (JP): Minister of Agriculture Sjarifudin Baharsjah said yesterday the government is unlikely to set a floor price for corn because this may prevent feed producers from buying the commodity in partnership programs.

Mulialand's profit up 47%

Mulialand's profit up 47% JAKARTA (JP): PT Mulialand, a publicly-listed property company of the Mulia Group, booked a net profit of Rp 56.9 billion (US$24,24 million) in the first six months this year, an increase of 47 percent over the same period last year.

Rights activist worried about missing people

Rights activist worried about missing people JAKARTA (JP): Amid heightened concern over people reportedly missing after violent rioting on Saturday, human rights campaigners lamented officials' reluctance to provide information.

Stock Exchange

Stock ExchangeStock Prices on the Jakarta Stock Exchange (in rupiah) on July 31, 1996: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 1,125 0 10,000 AHAP Insurance 2,700 0 0 Alumindo Perkasa 675 0 0 Andayani Megah 1,200 0 1,072,000 Aneka...

Garbage disposal

Garbage disposalFrom PelitaThe residents of RT5 and 7 from the RW9 neighborhood, Manggarai, South Jakarta, have to dispose of their garbage in the river nearby because the trash that has piled up in the complex has not been collected.

Residents selling artifacts

Residents selling artifacts MATARAM, West Nusa Tenggara: A government official yesterday revealed that local residents have been selling recently-found artifacts, such as an 18-carat gold mask, to the highest bidders.

Bribery rampant in health services

Bribery rampant in health services JAKARTA (JP): Collusion between practitioners and drug producers is a serious problem in the health services, a health ministry official said yesterday.Iwan Darmansjah, the ministry's chairman of drug safety and efficacy, said many drug producers are luring...

Passenger Service Charge for domestic air passengers

Passenger Service Charge for domestic air passengers-------------------------------------------------- Tariffs Airports -------------------------------------------------- Rp 10,000 Soekarno-Hatta, Ngurah Rai Rp 9,000 Hang Nadim, Polonia, Juanda, Supadio, Sepinggan Rp 8,000 Simpang Tiga, Hasanudin,...

FBI searches apartment of bomb park guard

FBI searches apartment of bomb park guard ATLANTA (Reuter): FBI agents probing the Olympic blast yesterday searched the apartment of a security guard from the bombed park and evacuated other residents.The agents and the guard, Richard Jewell, 33, later came out of the apartment and a bomb sniffing...

Employers of killed maid detained

Employers of killed maid detained JAKARTA (JP): The Tangerang police have arrested a couple for allegedly torturing their 23-year-old maid to death at their house in Curug, some 35 kilometers west of here.

TV today

TV todayTVRI 12:00 p.m. Travel: My Country 12:05 TV Series: Family Matters 12:30 Dance 1:00 News: Lintasan Berita 1:30 Science Film: Here Comes The Stars 2:05 Education Program: Bina Pramuka 2:30 Sport: Olympiad '96 from Atlanta 5:00 Evening News 5:30 Arabic Lessons 6:00 News: Lintasan Berita 6:05...