Archive: 10 August 1996
56 articles found
Sat, 10 Aug 1996, 00:00 WIB
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 theft report from one of the restaurant's managers after one of the employees found the company's safety box opened. "The thief is still at large," said the officer, who requested anonymity.
Sat, 10 Aug 1996, 00:00 WIB
'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. "I have the feeling that Asian values have provided the environment in which tough decisions can be made and can be made to stick," said Hawke at an Indonesian capital market conference. Hawke said that Asian values alone could not have produced such success.
Sat, 10 Aug 1996, 00:00 WIB
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. "We are now preparing to go public next year," the company's president, Darmoko Slamet, said at a public presentation yesterday.
Sat, 10 Aug 1996, 00:00 WIB
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.
Sat, 10 Aug 1996, 00:00 WIB
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. Assistant for the City Secretary Prawoto Danoemihardjo denied yesterday reports that the city will build middle-class apartments.
Sat, 10 Aug 1996, 00:00 WIB
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 with her. Arrangements are already in place to find alternative dates for me to visit both Indonesia and Japan.
Sat, 10 Aug 1996, 00:00 WIB
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. Thamrin, and along to the Tanah Abang crossroad in Central Jakarta, were soon up to 25 cms under water. Streets also flooded in Slipi and Grogol, West Jakarta, as did the Cawang crossroad in East Jakarta. The rain started at 1 p.m.
Sat, 10 Aug 1996, 00:00 WIB
Stock Exchange
Stock Exchange Stock 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 Kimia Raya 3,725 0 0 Anwar Sierad 1,900 50 7,500 Aqua Golden Mississippi 2,300 0 0 Argha Karya Prima Industry 2,950 0 0 Argo Pantes 1,900 0 0 Asahimas Flat 1,625 0 489,000 Asiana IMI Indusrties 1,450...
Sat, 10 Aug 1996, 00:00 WIB
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. Ly and Lan, four-month-old girls from Vietnam's northern border province of Quang Ninh, had shared ligaments, cartilage and an appendix before the operation. The daily Saigon Giai Phong said the separation was the third of its kind in Vietnam since 1973.
Sat, 10 Aug 1996, 00:00 WIB
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.
Sat, 10 Aug 1996, 00:00 WIB
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. Mahathir's statement on the succession was made public a month after he marked the 15th year of his term as prime minister, a position he assumed on July 6, 1981.
Sat, 10 Aug 1996, 00:00 WIB
Budiman Sudjatmiko not raised as a communist, parents insist
Budiman Sudjatmiko not raised as a communist, parents insist By 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. "I want the accusation lifted," Wartono told The Jakarta Post on Wednesday night, after saying the evening prayer at his home in the village of Sukaresmi.
Sat, 10 Aug 1996, 00:00 WIB
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. One of the villagers, Tanthawi, said on Thursday that at least one person, identified as 25-year-old Hamidi, had died from an attack. Another, Achmad, 41, was injured. Tanthawi said the attacks seem to have increased since the capture of a female tiger near Mt.
Sat, 10 Aug 1996, 00:00 WIB
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. It was a tougher match for the unseeded Yayuk than her shock elimination of world number four Iva Majoli of Croatia on Wednesday.
Sat, 10 Aug 1996, 00:00 WIB
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 recently when she reached the final. Mia, who turns 17 on Aug. 22, came close to the coveted gold medal but All-England champion Bang Soo-hyun of South Korea foiled her herculean effort.
Sat, 10 Aug 1996, 00:00 WIB
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. It encompasses a proud history, a focus on customer service and engineering excellence and an enviable modern-day safety record. Qantas celebrated its 75th anniversary during 1995.
Sat, 10 Aug 1996, 00:00 WIB
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. In response to fire stemming from the July 27 riot -- which razed about 20 buildings and caused Rp 100 billion (US$42 million) in material losses -- Zumrotin K. Soesilo told The Jakarta Post yesterday that the owners of those buildings could file insurance claims.
Sat, 10 Aug 1996, 00:00 WIB
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. The bank, which plans to launch its initial public offering (IPO) later this year, was the real star at the conference, with over 150 business executives and analysts jostling in the hotel's crowded Sulawesi Room to see its presentation.
Sat, 10 Aug 1996, 00:00 WIB
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. East Timor has pinned its gold-medal hopes on flyweight Listinho Miguel and light-flyweight Sebastiao da Silva at next month's national sports gala. Concern with their condition was voiced by coach Philip Wattilete when local officials were evaluating their readiness for the national event.
Sat, 10 Aug 1996, 00:00 WIB
TV today
TV today TVRI 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: Package 27 7:00 Evening News 7:25 Garuda Pancasila/Filler/Trailer 7:30 TV Drama: Meniti Pelangi 8:00 News: Lintasan Berita 8:05 Music: Musik Malam Minggu 9:00 World News 9:30 Quiz: Berpacu Dalam Melody...
Sat, 10 Aug 1996, 00:00 WIB
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. Agum Gumelar, an aide for social and political affairs to the Armed Forces commander, has been appointed chief of the Wirabuana military command in South Sulawesi to replace Maj. Gen. Sulatin. Brig. Gen.
Sat, 10 Aug 1996, 00:00 WIB
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. ANZ, through its joint-venture bank PT ANZ Panin Bank, is the only Australian-based bank with an operational presence in Indonesia.
Sat, 10 Aug 1996, 00:00 WIB
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 semifinal which saw its forward, Kiki, receive a foul-out and two other players -- Harsono and Saut Lombok Jonson -- tally their fouls to four each.
Sat, 10 Aug 1996, 00:00 WIB
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. The market is in the Sepatan subdistrict, Pasar Kemis. "The buyers are required to pay a down payment, which is 20 percent of the price of the kiosk. The remainder can be paid in installments for two to three years," he explained.
Sat, 10 Aug 1996, 00:00 WIB
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. "Fund and speculative buying took prices up, but it (the buying) ran slap into Indonesian selling," said one trader.
Sat, 10 Aug 1996, 00:00 WIB
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 are reviewing a plan to find new locations. Most of the slaughterhouses are located in residential areas because they are close to markets.
Sat, 10 Aug 1996, 00:00 WIB
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, Thursday, Sunday from 7:15 p.m. to 11 p.m.; Los Paraguas Vocal Group, Tuesday, Wednesday, Friday, Saturday from 7:15 p.m. to 11 p.m.
Sat, 10 Aug 1996, 00:00 WIB
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. The total would be 29 percent lower than the programmed borrowings of 146.1 billion pesos ($5.58 billion) for 1996, a central bank statement said.
Sat, 10 Aug 1996, 00:00 WIB
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. The fire immediately spread to other kiosks, the Jayakarta daily reported yesterday. Vendors and construction workers did their best to put out the blaze before fire fighters arrived an hour later.
Sat, 10 Aug 1996, 00:00 WIB
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. A police detective at the Sunda Kelapa police subprecinct said that victim Saipul, a resident of Jl. Luar Batang, Penjaringan district, in North Jakarta, was found dead by friends on the harbor beach. "Police arrested one alleged killer, identified as HJ.
Sat, 10 Aug 1996, 00:00 WIB
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. Coordinating minister for production and distribution Hartarto reportedly told the closed-door meeting of the U.S.-Singapore Business Council that Indonesia's economy would expand in 1996 at around 7 percent as targeted.
Sat, 10 Aug 1996, 00:00 WIB
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 Thursday. Antara quoted the minister as saying the sanctions were contained in an environmental bill which would be submitted soon to the House of Representatives for approval.
Sat, 10 Aug 1996, 00:00 WIB
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 that evening. Around 11:30 a.m. yesterday his father Leonardi, 35, and his wife Titi, 29, received a pager message saying that they were to meet Reki in Bandung.
Sat, 10 Aug 1996, 00:00 WIB
Decree set to prevent racism
Decree set to prevent racism By 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. The certificate, issued by district courts, was needed to obtain various papers such as an identity card, passport, and even to enroll in college.
Sat, 10 Aug 1996, 00:00 WIB
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. The ministry's Business Economics Department reported that total trade for the five month period was 223.85 billion baht (US$8.95 billion), with Thailand showing a surplus of 16.67 billion baht in its trade with the other six ASEAN members.
Sat, 10 Aug 1996, 00:00 WIB
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.
Sat, 10 Aug 1996, 00:00 WIB
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. Our victory over Argentina in the final match was a surprise, because the West portrays us as jungle people, poor and hungry.
Sat, 10 Aug 1996, 00:00 WIB
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. Senator Julian McGauran, a member of the ruling conservative coalition, alleged the Cocos and Keeling Islands were being inundated with discarded sandals, or thongs, which had been dumped into the ocean by Indonesian manufacturers.
Sat, 10 Aug 1996, 00:00 WIB
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. A telecommunications analyst said here yesterday that under a decree signed by Minister of Tourism, Post and Telecommunications Joop Ave on April 16, parties will be charged US$1.7 million per year to lease one C-band transponder of the Palapa satellite.
Sat, 10 Aug 1996, 00:00 WIB
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. "Fuel wastage caused by traffic congestion on the main streets of Jakarta alone has been estimated at Rp 1 million (US$425) a year," he told the members of the newly-inaugurated Indonesian Transport Society at the Garuda Indonesia headquarters on Thursday.
Sat, 10 Aug 1996, 00:00 WIB
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 violent riots.
Sat, 10 Aug 1996, 00:00 WIB
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. The officials said they were perplexed by what they saw as a strange policy because local taxes are based on decrees of the local legislature and they should therefore be collected by the local administrations.
Sat, 10 Aug 1996, 00:00 WIB
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. Chief of the East Java military command Maj. Gen. Imam Utomo said yesterday that M. Rizal and Wisnu Ranta Hadi, both aged 20, were arrested in their lodging house on Thursday evening.
Sat, 10 Aug 1996, 00:00 WIB
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. (in English). * All Saints' Anglican Church (opposite The Aryaduta Jakarta), Jl. Arif Rahman Hakim No. 5, Central Jakarta: Services on Sunday at 7:30 a.m., 9 a.m. with Sunday School.
Sat, 10 Aug 1996, 00:00 WIB
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. If they did not go to work, how would they feed their families? If they worked and their car was vandalized, who should take the responsibility?
Sat, 10 Aug 1996, 00:00 WIB
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 design a training program. They will train volunteers who will provide basic skills for committee activists in the provinces, Paskah said. He said the committee has volunteers in 17 provinces.
Sat, 10 Aug 1996, 00:00 WIB
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. Telkom's director for operations and marketing, Dadad Kustiwa, said yesterday that the period offering a 75 percent discount on long distance calls will be changed from 9 p.m. until 6 a.m. to 11 p.m. until 8 a.m.
Sat, 10 Aug 1996, 00:00 WIB
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 (US 20 cents) and Rp 1,500. According to regulation 10/1991, all food and drink vendors will be charged, including those with four-wheel carts and those with permanent stalls.
Sat, 10 Aug 1996, 00:00 WIB
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. Mahathir's statement on the succession was made public a month after he marked the 15th year of his term as prime minister, a position he assumed on July 6, 1981.
Sat, 10 Aug 1996, 00:00 WIB
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. Defense Minister Syed Hamid Albar promised strong action would be taken if the official could provide evidence to prove the airforce was procuring sub-standard equipment from former military men that could jeopardize national security.
Sat, 10 Aug 1996, 00:00 WIB
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. The five-day Investrade Indonesia Expo '96 at the Jakarta Fairgrounds presents 65 participants, including companies and the administrations of less-developed provinces and regencies.
Sat, 10 Aug 1996, 00:00 WIB
Hazards on toll road
Hazards on toll road From Republika I 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. Hook irons were placed on the side as stoppers. But the system was irregular, and an accident occurred on July 11.
Sat, 10 Aug 1996, 00:00 WIB
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). The transaction is the first public securitization of consumer assets originated in the Republic of Indonesia to be assigned a rating by S&P.
Sat, 10 Aug 1996, 00:00 WIB
Air conditioned buses
Air conditioned buses From Media Indonesia There 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. The PPD buses in particular are already showing wear and tear and are a far cry from their condition right after the Non-Aligned Summit when they were introduced.
Sat, 10 Aug 1996, 00:00 WIB
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, quality and effectiveness. They certainly are more effective as contraceptives, and more effective in preventing the spread of the dreaded Acquired Immune Deficiency Syndrome (AIDS), the foundation said.
Sat, 10 Aug 1996, 00:00 WIB
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. "Privatization does not just mean the transfer of ownership to the private sector, the jewel of privatization is going public," Ruru told a discussion on "The future of privatization and the vision for the Indonesian capital market".