Indonesian Political, Business & Finance News

Archive: 10 August 1996

56 articles found

Yayuk maintains giant-killing run in Canadian Open

Yayuk maintains giant-killing run in Canadian Open MONTREAL (Agencies): Yayuk Basuki of Indonesia continued her giant-killing run in the Canadian Open women's tennis tournament here on Thursday when she defeated Russian 16th seed Elena Likhovtseva for a place in the quarterfinals.

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,...

City considers relocating poultry slaughterhouses

City considers relocating poultry slaughterhouses JAKARTA (JP): The city hopes to improve its handling of the waste produced by poultry slaughterhouses by relocating them to less residential areas.The head of the city's husbandry agency, Soemitro, said yesterday that his office and related agencies...

Coffee shaves gains after gapping to new high

Coffee shaves gains after gapping to new high LONDON (Reuter): Robusta coffee futures gapped up to a fresh three-week high of US$1,635 a ton at the London Commodity Exchange yesterday but shaved gains on Indonesian selling to end off its peak at midday, traders said.

Market kiosks sold out

Market kiosks sold out TANGERANG (JP): The regency plans to build kiosks in a market which is prioritized for sidewalk vendors.The chief of the market management authority, Bunyamin, said each kiosk will be sold for Rp 6 million and can be paid for in installments.

Indosyntec eyes champioship title

Indosyntec eyes champioship title JAKARTA (JP): Panasia Indosyntec badly needs to cool its temper if it is to regain the Kobatama basketball league championship title today.The Bandung team set up a league final trilogy with defending champion Aspac of Jakarta on Thursday, only after a thrilling...

ANZ looking ahead

ANZ looking ahead In line with the rapid development of the commercial linkages between Australia and Indonesia, the demand for finance by Australian companies doing business with and in Indonesia has increased.

Army to replace three chiefs of regional military commands

Army to replace three chiefs of regional military commands JAKARTA (JP): The Army confirmed yesterday it would replace chiefs of three regional military commands in Sulawesi, Irian Jaya and southern Sumatra later this month.Army spokesman Brig. Gen. Robik Mukav said that Maj. Gen.

TV today

TV todayTVRI 2:30 p.m. Travel: Wajah Negeriku 2:35 TV Series: Gaiking 3:05 Sport 4:05 Education 4:30 Science Film 4:55 Filler 5:00 Evening News 5:30 Nationality: Perjalanan Nasional 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country: West Java 6:15 Village Program 6:30 Education:...

Shattered dreams 'beat' boxers

Shattered dreams 'beat' boxers JAKARTA (JP): Shattered dreams of becoming bureaucrats have knocked two boxing heroes down so hard they may be unable to fight at the upcoming PON National Games in Jakarta.

BNI steals spotlight at capital mart conference

BNI steals spotlight at capital mart conference JAKARTA (JP): State-owned Bank Negara Indonesia 1946 won the spotlight during the two-day capital market conference that ended at the Shangri-La Hotel yesterday.

Fire insurance contract should be clear

Fire insurance contract should be clear JAKARTA (JP): A fire insurance contract should ideally stipulate clearly what causes of fire are considered force majeure and what causes are not, a consumer advocate said.

QANTAS, increasing its presence in Indonesia

QANTAS, increasing its presence in Indonesia QANTAS is an Australian icon. The name and the flying kangaroo symbol are widely recognized throughout the world. The QANTAS brand represents many things to the company's customers, stakeholders and the public.

Mia Audina rises, Susi drops in world rankings

Mia Audina rises, Susi drops in world rankings JAKARTA (JP): Mia Audina shot to the world women's singles No. 5 when the International Badminton Federation released the latest world rankings yesterday.The frog leap made by Mia followed her exceptional performance at the Atlanta Olympic Games...

Manila to borrow $3.9b

Manila to borrow $3.9b MANILA (AFP): The Philippines government is to borrow 103.3 billion pesos (US$3.9 billion) from the domestic and international financial markets in 1997 to settle maturing obligations, the Central Bank of the Philippines said yesterday.

Tiger attacks increase in Aceh

Tiger attacks increase in Aceh BANDA ACEH, Aceh: Villagers are lamenting the increasing number of attacks by wild tigers (Panthera tigris) in the western part of Aceh over the past months, Antara reported.

Budiman Sudjatmiko not raised as a communist, parents insist

Budiman Sudjatmiko not raised as a communist, parents insistBy Stevie Emilia BOGOR, West Java (JP): Wartono Karyo Utomo says he is hurt by the accusation of communism leveled against him and his son Budiman Sudjatmiko, the chairman of unrecognized Democratic People's Party currently on the run.

Progress and succession in Malaysia

Progress and succession in Malaysia The problem of succession in Malaysia was cleared up by the statement made by Prime Minister Mahathir Mohamad (71) that he was confident that Deputy Prime Minister Anwar Ibrahim (50) would take over his position when the time comes.

Govt officials now in defactors' bases: Hun Sen

Govt officials now in defactors' bases: Hun Sen KORN PISEY, Cambodia (Agencies): Government officials have entered the former Khmer Rouge strongholds of Pailin and Phnom Malai to make arrangements for their return to civil administration, Cambodian co-Premier Hun Sen said yesterday.

Hanoi separates Siamese twins

Hanoi separates Siamese twins HANOI (Reuter): Baby Siamese twins who were joined at the abdomen were separated in a one-hour operation in Hanoi last month and were released in good health from hospital yesterday, official media reports said.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Aug. 9, 1996: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 1,000 0 0 AHAP Insurance 2,700 0 0 Alumindo Perkasa 725 50 17,500 Andayani Megah 1,275 -25 271,500 Aneka...

Floods cause traffic jams after heavy downpour

Floods cause traffic jams after heavy downpour JAKARTA (JP): Several streets in the city were flooded yesterday after a two-hour torrential downpour, the first such spate since February.Slow lanes on Jl. Jend. Sudirman, Jl. MH.

Message from Australia's Prime Minister John Howard

Message from Australia's Prime Minister John Howard My planned trip to Japan and Indonesia from Aug. 7 was recently and regrettably canceled for family reasons.My wife, Janette, was admitted to a Sydney hospital late last month for a major operation and I wished to spend as much time as possible...

Developers urged to build apartments for middle class

Developers urged to build apartments for middle class JAKARTA (JP): Private developers are being urged to build apartments for the middle class, because the city is still concentrating on building low-cost apartments for slum area residents.

Hailai celebrates 51st anniversary

Hailai celebrates 51st anniversary JAKARTA (JP): The Hailai International Executive Club celebrated its 51st anniversary in the absence of the executive of its discotheque, Hendro Sumampouw, who was arrested recently for alleged possession of marijuana and Ecstasy pills.

Aneka Tambang to float shares after 1997 election

Aneka Tambang to float shares after 1997 election JAKARTA (JP): State-owned mining company PT Aneka Tambang has announced that it would float shares on the local stock exchanges after the general election next year to finance its expansion programs.

'Asian values provide environment for growth'

'Asian values provide environment for growth' JAKARTA (JP): Former Australian prime minister Robert (Bob) Hawke said on Thursday night that Asian values provided the environment rather than the cause of Asia's economic success.

Thief steals Rp 10m from a restaurant

Thief steals Rp 10m from a restaurant JAKARTA (JP): Ten million rupiah (US$4,255) in cash was stolen yesterday morning from the Dunkin Donuts restaurant on Jl. Hayam Wuruk in Central Jakarta.A police officer from the Central Jakarta police precinct confirmed yesterday that the police had received a...

Privatization of tax collection opposed

Privatization of tax collection opposed JAKARTA (JP): Several mayors and regents in North Sumatra have grumbled about the authority granted by the central government to the Humpuss Group to collect some of their local taxes.

Local condoms better than imports

Local condoms better than imports JAKARTA (JP): When buying condoms, don't be deceived by their exotic names or where they come from.A recent survey by the Indonesian Consumer Foundation (YLKI), backed by Australian laboratory tests, has found that local condoms beat imported condoms on price,...

Air conditioned buses

Air conditioned busesFrom Media IndonesiaThere has been a tremendous increase in the number of air conditioned city buses in Jakarta operated by the private sector and by the government-owned PPD company.

Indonesian notes rates AAA

Indonesian notes rates AAA MELBOURNE (Reuter): Standard and Poor's Corp said yesterday it has assigned its AAA rating to the US$200 million of guaranteed asset backed floating rate senior notes issued by Indonesia's Automobile Securitized Finance No.1 Ltd (ASF).

Hazards on toll road

Hazards on toll roadFrom RepublikaI would like to report on the Cawang-Jatibening toll road.Repair work was done on this road in June. Numerous holes were dug, measuring about 500 x 100 x 3 cms.In July a new three-centimeter asphalt layer was applied on the four lanes of the same road.

Investment exhibition opens

Investment exhibition opens JAKARTA (JP): State Minister for Investment Sanyoto Sastrowardoyo opened an investment exhibition yesterday aimed at promoting investment opportunities in the country's less- developed regencies.

KL to act against officer's allegations

KL to act against officer's allegations KUALA LUMPUR (AFP): Malaysia's defense ministry said yesterday it viewed as serious, allegations by a retiring army official that certain ex-army men turned salesmen were selling inferior equipment to the airforce.

Progress and succession in Malaysia

Progress and succession in Malaysia The problem of succession in Malaysia was cleared up by the statement made by Prime Minister Mahathir Mohamad (71) that he was confident that Deputy Prime Minister Anwar Ibrahim (50) would take over his position when the time comes.

Bekasi plans to collect tax from street vendors

Bekasi plans to collect tax from street vendors JAKARTA (JP): The Bekasi administration will soon collect development taxes from food and drink street vendors operating along the regency's roads.The administration has distributed a document stipulating that the daily tax will range between Rp 500...

Telkom adjusts discount phone call periods

Telkom adjusts discount phone call periods JAKARTA (JP): The state-owned domestic telecommunications provider, PT Telekomunikasi Indonesia (Telkom), is changing the times of its discount calling periods.

Poll watchdog plans to train more volunteers

Poll watchdog plans to train more volunteers JAKARTA (JP): The Independent Election Monitoring Committee plans to train more volunteers to help monitor the general election next May.Paskah Irianto, head of the committee's operational division, said that 35 people from across the country have met to...

Taxi drivers' afflictions

Taxi drivers' afflictions I recently came across a taxi driver who told me that the July 27 riot made life difficult for taxi drivers in town.Several taxis were torched by the rioters and some were stoned. The taxi drivers were facing a dilemma.

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.

Military announces the arrest of two other PRD activists

Military announces the arrest of two other PRD activists JAKARTA (JP): Police in Malang, East Java, have arrested two more activists of the Democratic People's Party (PRD), a tiny leftist group the government blames for inciting the July 27 riot in Jakarta.

Government prefers public privatization

Government prefers public privatization JAKARTA (JP): Director General of State Enterprises Bacelius Ruru said yesterday that the government preferred to privatize state enterprises by offering their shares to the public.

Megawati denies ties with PRD

Megawati denies ties with PRD JAKARTA (JP): The ousted leader of the Indonesian Democratic Party (PDI), Megawati Soekarnoputri, has denied having links with the unrecognized Democratic People's Party (PRD), a youth organization accused of communist-like activities and of masterminding the recent...

Traffic jams cost RI a lot of money

Traffic jams cost RI a lot of money JAKARTA (JP): Rahardi Ramelan, a deputy chairman of the National Development Planning Board (Bappenas), has warned that the terrible traffic jams cost the country a lot of money.

Government increases transponder leasing fees

Government increases transponder leasing fees JAKARTA (JP): The government has increased transponder leasing fees of the country's Palapa satellites by between 18 percent and 84 percent from the price levels set in 1993.

Aussie senator calls for boycott of RI sandals

Aussie senator calls for boycott of RI sandals SYDNEY (AFP): An Australian senator called yesterday for a national boycott of Indonesian rubber sandals after thousands of the discarded items washed up on a remote group of Australian islands in the Indian Ocean.

Nigeria soccer victory

Nigeria soccer victory Aug. 4, 1996, was my happiest day in Jakarta. Nigeria, my motherland, won the gold medal for soccer at the Atlanta Olympics. This is the first time in history that the Olympic soccer gold medal was won by Africans amid domination by European and Latin American countries.

Stronger stock exchange

Stronger stock exchange The timing of the two-day Indonesian Capital Market conference, which ended yesterday, was very opportune in view of the jitters among investors caused by the July 27 rioting in Jakarta.

Thailand-ASEAN trade up

Thailand-ASEAN trade up BANGKOK (AFP): Trade between Thailand and ASEAN increased 13.4 percent in the first five months this year compared to the same period last year, according to a Commerce Ministry statement received by AFP.

Decree set to prevent racism

Decree set to prevent racismBy Benny Subianto JAKARTA (JP): Presidential Decree No. 56 issued last month waives the requirement for the wife and children of Chinese Indonesians to obtain an Evidence of Indonesian Citizenship certificate.

Boy kidnapped in Tangerang

Boy kidnapped in Tangerang TANGERANG (JP): Eight-year-old Reki Firmansyah was kidnapped Thursday as he was on his way to the mosque near his home in the Jatiuwung district.His parents reported him missing on late Thursday night after he failed to return to their home in the Cibodas Sari subdistrict...

Polluting firms to face sanctions

Polluting firms to face sanctions SIDOARJO, East Java: The government is considering imposing the harshest possible sanctions on polluting companies in order to deter others and prevent environment-damaging practices from spreading, Minister of Environment Sarwono Kusumaatmadja said here on...

Minister says riots will not stifle growth

Minister says riots will not stifle growth SINGAPORE (AFP): An Indonesian minister told leading U.S. and Singaporean business leaders yesterday that Indonesian economic reforms and growth would not be stifled by recent riots in Jakarta.

Thieves kill a security guard

Thieves kill a security guard JAKARTA (JP): A security guard was allegedly stabbed to death by two men yesterday after he refused to cooperate in stealing logs from a warehouse in Sunda Kelapa harbor, North Jakarta.

Another market razed in Bogor

Another market razed in Bogor JAKARTA (JP): Up to 21 semi-permanent kiosks at Pasar Merdeka, Bogor, were razed to the ground by fire on Wednesday night, causing millions of rupiah of damage. No fatalities have been reported.Vendors said the fire started at 8.30 pm when a vendors' stove exploded.