Indonesian Political, Business & Finance News

Archive: 2 August 1996

59 articles found

Scalper-free bus terminal being built

Scalper-free bus terminal being built JAKARTA (JP): The new intercity bus terminal in Pulogebang, East Jakarta, planned for completion in 1998, may be the first here without ticket brokers.Assistant to the City Secretary Prawoto Danoemihardjo said the modern terminal's design will only allow...

Mia provides Indonesia with a final silver lining

Mia provides Indonesia with a final silver lining ATLANTA, Georgia (Agencies): Indonesia's bid for a second gold in the Olympic Games came a cropper when its last hope, Mia Audina, fell to the more experienced Bang Soo-hyun of South Korea 6-11, 7-11 in the women's badminton singles final yesterday.

Alatas Cup held in Canberra

Alatas Cup held in Canberra JAKARTA (JP): Ambassadors as well as staff members from the Ministry of Foreign Affairs and the Indonesian embassy and consulates in Australia participated in the Seventh Ali Alatas Cup golf tournament yesterday.

Branta signs $35m loan

Branta signs $35m loan HONG KONG (Reuter): PT Branta Mulia Teijin's US$35 million seven-year term loan facility was successfully completed and signed yesterday in Singapore, the arrangers said.The borrower is jointly owned by PT Branta Mulia of Indonesia and Teijin Ltd of Japan, with 70 percent and...

Robusta coffee futures close lower in thin trading

Robusta coffee futures close lower in thin trading LONDON (Reuter): Robusta coffee futures were slightly lower at midday yesterday with traders noting lack of follow-through buying and selling pressure from Indonesia, the world's largest robusta producer."The buyers have retrenched...

Expert calls for changed habits to read faster

Expert calls for changed habits to read faster JAKARTA (JP): The ability to read is taken for granted -- but there are many habits which should be changed for more effective, faster reading.Several deep ingrained habits must be changed to speed up reading and comprehension, a librarian said...

Court's image

Court's image There is a mistake in my July 30 article Time to rejuvenate court's image, on page 4, in the eighth column, point c.The sentence: "The Executive shall have the power to close down or suspend the operation of the courts," should be: "The Executive shall not have the power to close down...

Badminton recruiting vital: Siregar

Badminton recruiting vital: Siregar ATLANTA, Georgia (Agencies): The Olympic defeats suffered by many top Indonesian shuttlers prompted noted sports observer Mangombar Ferdinand Siregar on Wednesday to urge the Badminton Association of Indonesia to speed up its regeneration program.

President opens GKBI 37-story office building

President opens GKBI 37-story office building JAKARTA (JP): President Soeharto inaugurated yesterday a 37- story office building owned by the Federation of Indonesian Batik Cooperatives (GKBI).The building, named Wisma GKBI, was built by PT Mulia Cemerlang Persada, a subsidiary of the Mulia Group,...

East Jakarta street vendors say kiosk lottery unfair

East Jakarta street vendors say kiosk lottery unfair JAKARTA (JP): Nine street vendors filed a complaint with the city council yesterday, saying they were subject to an unfair kiosk lottery in East Jakarta.

PRD suspected of selling Ecstasy

PRD suspected of selling Ecstasy PALU, Central Sulawesi: The military suspects the besieged Democratic People's Party (PRD) of trafficking Ecstasy here and elsewhere in Indonesia.PRD, a hitherto little-known leftist "party", has been blamed by the military for masterminding the massive rioting on...

Official arrested on charges of raping a minor

Official arrested on charges of raping a minor TANGERANG (JP): Local police have arrested the head of a district health agency here for allegedly raping his 14-year-old adopted daughter.Junus, 40, was apprehended while on a government-sponsored course in Bandung, West Java, on Wednesday evening...

Indian book fair at TIM

Indian book fair at TIM Jakarta (JP) : The National Book Trust of India and the Indian Embassy have organized an Indian book exhibition.With nearly 1,250 books on various subjects from Indian history to medicine, the event will be held at the Taman Ismail Marzuki arts center in Central Jakarta from...

Mt. Slamet shows signs of activity

Mt. Slamet shows signs of activity PURBALINGGA, Central Java: Residents in the Purbalingga, Banyumas and Pemalang regencies are being put on the alert as Mount Slamet is beginning to show signs of volcanic activity.

PT Astra issues Euro bonds

PT Astra issues Euro bonds JAKARTA (JP): PT Astra International, the country's largest automaker, announced yesterday that it has issued US$200 million of Euro bonds through its subsidiary, Astra Overseas Finance B.V., on the Luxembourg Stock Exchange.

RP cabinet breaks to cheer local pugilist

RP cabinet breaks to cheer local pugilist MANILA (Agencies): Government affairs took a back seat at a cabinet meeting here Wednesday as President Fidel Ramos ordered television sets wheeled in to watch boxer Mansueto Velasco slug his way closer to the Philippines' first ever Olympic gold medal.

Where to go in Surabaya:

Where to go in Surabaya:Music * Elmi Hotel: Jl. Panglima Sudirman No. 42-44: - Qemi Club: Karaoke/Disco, Sunday, 8 p.m. to 11 p.m.; Master Band, Monday and Wednesday, 10:30 p.m. to 12:30 a.m.; Atlantic Band, Tuesday and Saturday, 10:30 p.m. to 12:30 a.m.; Abouwhim Band, Thursday, 10:30 p.m.

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.

Breast-feeding campaign launched

Breast-feeding campaign launched JAKARTA (JP): Minister for Women's Roles Mien Sugandhi launched international breast-feeding week yesterday at Dr. Soetomo Hospital here.Bearing the theme Breast-feeding: A Community Responsibility the campaign, lasting through Aug.

Stock Exchange

Stock ExchangeStock Prices on the Jakarta Stock Exchange (in rupiah) on Aug. 1, 1996: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 1,150 25 22,000 AHAP Insurance 2,700 0 0 Alumindo Perkasa 675 0 4,000 Andayani Megah 1,300 100...

Soldier gets 10 months for Ngabang shooting

Soldier gets 10 months for Ngabang shooting JAKARTA (JP): A military tribunal in Pontianak, West Kalimantan sentenced Second Lt. Jt Simanjuntak to 10 months in prison yesterday for his involvement in the shooting of peaceful protesters in April.Chaired by Lt. Col.

Hanshin opens outlet here

Hanshin opens outlet here JAKARTA (JP): Japan's Hanshin Department Store will open a retail outlet in Plaza Senayan next year under a franchise agreement with PT Inti Fasindo Internasional, a subsidiary of Great River International.

Sport shooters from Armed Forces

Sport shooters from Armed Forces JAKARTA (JP): The Armed Forces and the Indonesian Target Shooting Association will start a four-year training program for 300 military and police officers today. The program aims to help Indonesia improve in the sport of shooting.

Semen Andalas's expansion

Semen Andalas's expansion JAKARTA (JP): PT Semen Andalas Indonesia yesterday announced plans to gradually step up its annual cement production to four million tons.Semen Andalas Director Martin Wikes said the cement plant's production is expected to reach 1.4 million tons by the end of this year.

RI gives 1.44 million condoms to Cambodia

RI gives 1.44 million condoms to Cambodia PHNOM PENH (Reuter): Indonesia donated 1.44 million condoms to Cambodia's Ministry of Health yesterday to help stem the spread of AIDS in the Southeast Asian nation.Indonesian Ambassador Taufik Soedarbo, handing over the 1.

Jakarta stock prices rise 2.4%

Jakarta stock prices rise 2.4% JAKARTA (JP): Stocks prices on the Jakarta Stock Exchange (JSX) rose 2.40 percent yesterday on foreign selective buying and local "bargain hunting"."We didn't see a lot of buy orders when the market was reopened because investors were waiting to see what was going to...

Robbers steal RP 40 million from bank customer

Robbers steal RP 40 million from bank customer JAKARTA (JP): Two unidentified men stole a handbag from a woman who had just withdrawn Rp 40 million (US$17.02) from a bank.The robbery took place yesterday in front of the victim's home in South Jakarta on Jl. Bulungan.

Over 100 kiosks neglected in Bogor

Over 100 kiosks neglected in Bogor BOGOR (JP): A total of 110 temporary kiosks in the Kebon Kembang market have not been occupied. The kiosks are provided for free for market traders who lost their sites in the fire late last March.

Purse snatchers snatched

Purse snatchers snatched DENPASAR, Bali: Gianyar police on Bali are holding six suspected purse-snatchers who had been operating in the Sukawati art center, about 15 kilometers east of Denpasar.Gianyar police chief Lt. Col.

Karaoke owner to sue township

Karaoke owner to sue township TANGERANG (JP): The owner of a nightspot incorporating a karaoke bar and restaurant which was sealed on Wednesday said he will sue the township."There were no prior warnings," Hermanto, the owner of the Grand Sentul Singing Hall in Balaraja said yesterday.

Postal franchisor enters RI

Postal franchisor enters RI JAKARTA (JP): Mail Boxes Etc., a retail company based in San Diego of the United States, has entered Indonesia to expand its franchising in postal, telecommunications and other services.

PDI legislators face criminal charges: Oetojo

PDI legislators face criminal charges: Oetojo JAKARTA (JP): The government intensified its campaign yesterday to prosecute Indonesian Democratic Party (PDI) politicians linked to the July 27 invasion of the party headquarters.

New toll road in W. Java

New toll road in W. Java JAKARTA (JP): The construction of a 29.5-kilometer toll road linking Cileunyi and Nagrek districts in West Java will cost around Rp350 billion (US$152 million), an official has said.

'A Room with a View' finishes first

'A Room with a View' finishes first JAKARTA (JP): Jakarta's A Room with a View became the first yacht to finish the 20th Darwin-Ambon International Yachting Race Championship on Tuesday night.Skippered by Subagyo Sucitro, the yacht arrived at Amahusu Beach, Ambon, Maluku at 9:30 p.m.

'Justice' delayed by toothache

'Justice' delayed by toothache JAKARTA (JP): Megawati Soekarnoputri's desperate quest for justice in her fight to retain her leadership of the Indonesian Democratic Party (PDI) was held back yesterday -- by a toothache.

4. Pasar ----- 28 pts MM l/c 2 cols 2 lines

4. Pasar ----- 28 pts MM l/c 2 cols 2 linesRI gives 1.44 million condoms to Cambodia

Minister plays down investment cancellations

Minister plays down investment cancellations JAKARTA (JP): Minister of National Development Planning Ginandjar Kartasasmita dismissed concerns yesterday that the rising cancellations of foreign investment would have a significant impact on economic growth.

Educator laments spread of violence in society

Educator laments spread of violence in society JAKARTA (JP): A noted educator lamented that rampant violence in society has forced parents and teachers not to teach children virtues, but how to mind their own business instead.

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,...

Experts downplay China's economic threat to neighbors

Experts downplay China's economic threat to neighbors JAKARTA (JP): China will not pose a significant economic threat to its neighboring countries and the Asia-Pacific region for the next 20 years due to its internal constraints, experts said yesterday.

Siemens wins RI order

Siemens wins RI order BONN (Reuter): Germany's Siemens AG said yesterday it had won a contract worth more than 500 million marks to add over 400,000 telephone lines to the telecoms network in eastern Indonesia over the next three years.

Where to go in Bali:

Where to go in Bali:Music and Entertainment * Grand Hyatt Bali, Nusa Dua: Pasar Senggol - Balinese Arts & Crafts, daily. Sunset Procession, daily. Ramayana dance, Thursday. Legong dance, Saturday. Arjuna Wiwaha dance, Sunday. Rejang, Puspawresti, Belibis and Jaran Teji dances, Monday.

Stock Exchange

Stock ExchangeStock Prices on the Jakarta Stock Exchange (in rupiah) on Aug. 1, 1996: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,150 25 22,000 AHAP Insurance 2,700 0 0 Alumindo Perkasa 675 0 4,000 Andayani Megah 1,300 100 1,003,500...

Minister promotes AICO plan

Minister promotes AICO plan JAKARTA (JP): Minister of Industry and Trade Tunky Ariwibowo said yesterday that the ASEAN Industrial Cooperation Plan (AICO) would facilitate joint ventures and other business alliances in the region.

TV today

TV todayTVRI 12:00 p.m. Travel: Wajah Negeriku 12:05 TV Series: Boogie 12:30 TV Series: Remaja Indonesia 1:05 TV Series: Fresh Prince of Bell Air 1:30 Comedy 2:05 Quiz: Cerdas Cermat 2:30 Sports: Olympiad '96, live from Atlanta 5:00 Evening News 5:30 Business 6:00 News: Lintasan Berita 6:05...

Officials accused of mangrove theft

Officials accused of mangrove theft KENDARI, Southeast Sulawesi: Some government officials are believed to be in cahoots with thieves who are illegally logging mangrove trees on Kabaena island.Community leaders on the small island said the rampant logging began two years go and remains unchecked...

A car price war?

A car price war? Who says the prices of cars in Indonesia will never go down? The jolts that have taken place in the past six months are proof that car prices can indeed come tumbling down. The decline was triggered by the launching of the PT Timor Putra Nasional's car.

PDI legislators face criminal charges

PDI legislators face criminal charges JAKARTA (JP): The government intensified its campaign yesterday to prosecute Indonesian Democratic Party (PDI) politicians linked to the July 27 invasion of the party headquarters.

Street kids prone to sodomy

Street kids prone to sodomy JAKARTA (JP): Social workers made a fresh call on the community to pay greater attention toward and save street children from the risks of sexual abuse and, in consequence, from sexually transmitted diseases such as AIDS.

OBITUARY

OBITUARY JAKARTA (JP): The deputy chairman of the Indonesian Council of Ulemas (MUI), H.S. Prodjokusumo, died on Wednesday evening at the age of 74.He passed away at the Jakarta Islamic Hospital at 8:55 p.m. on Wednesday and was buried at Tanah Kusir cemetery, South Jakarta, yesterday afternoon.

Young racers to join road race

Young racers to join road race JAKARTA (JP): About 200 young racers from several provinces have confirmed their participation in the Gasoli Road Race on Aug. 3 and Aug. 4 at the Puri Indah circuit, Kedoya, West Jakarta.The Gasoli team will feature Gareng, Imam Syafei, Roy Adrianto and Bernard AB.

Labor strike hits Surabaya

Labor strike hits Surabaya SURABAYA: About 1,800 workers of the PT Surya Kertas paper company in Gresik staged a protest rally at the governor's office Monday over the dismissal of their labor leaders.They demonstrated their opposition to the dismissal of their unit of the Federation of...

1. PDI (50) -- 72 pts MB l/c 3 cols 3 lines

1. PDI (50) -- 72 pts MB l/c 3 cols 3 lines 'Justice' delayed by toothache 2. China (40) -- 36 pts HBC l/c 2 cols 3 lines Experts downplay China's economic threat to neighbors 3. Badmin (40) -- 36 pts NCSB l/c 4 cols 2 lines Mia provides Indonesia with a final silver lining 4.

Vocational schools display products

Vocational schools display products JAKARTA (JP): A four-day display of products made by vocational school students was opened yesterday at the Kemayoran Fairground in Central Jakarta.Students from nearly 100 schools displayed minivan engines, mechanical tools, handicrafts, cakes and other products.

THAI set to become 'first-choice carrier'

THAI set to become 'first-choice carrier' BANGKOK (JP): The massive reform launched by Thai Airways International (THAI) at a large conference here last week through a reengineering process tells the story of a state airline in a developing country struggling to shake off heavy government guidance...

Replace those foreign names

Replace those foreign names KUPANG, East Nusa Tenggara: The government will revoke the business license of any company that does not change its foreign language name by Aug. 17.The provincial government moved the deadline from March 31 to Aug.

Historic BI building in Bandung

Historic BI building in BandungFrom Pikiran RakyatI strongly deplore the renovation of the historic Bank Indonesia building in Bandung as reported on July 30. It shows the lack of historic awareness of the parties involved in the planning.

The market jitters

The market jitters Most analysts agree that last weekend's riots have not adversely affected the confidence of businessmen on the prospects of Indonesia's economy, especially now that order has been restored and life has almost returned to normal in the bustling city of around 10 million.

Street kids prone to sodomy: Carers

Street kids prone to sodomy: Carers JAKARTA (JP): Social workers made a fresh call on the community to pay greater attention toward and save street children from the risks of sexual abuse and, in consequence, from sexually transmitted diseases such as AIDS.