Indonesian Political, Business & Finance News

Archive: 3 August 1996

55 articles found

Gen. Edi opens national target shooting program

Gen. Edi opens national target shooting program CILODONG, West Java (JP): The Indonesian Target Shooting Association and the Armed Forces began their four-year training program for military and police officers at the Army's shooting range yesterday.Chairman of the association Gen.

RI's export-led industries need new investments

RI's export-led industries need new investments JAKARTA (JP): Indonesia needs more investments in labor- intensive and resource-based industries, which have dominated the country's non-oil exports, to maintain their competitiveness in the global market, a senior economist said.Mari E.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on August 2, 1996: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 1,175 25 28,000 AHAP Insurance 2,700 0 0 Alumindo Perkasa 650 -25 500 Andayani Megah 1,250 -50 1,856,500...

Sukanto joins Sarana Riau

Sukanto joins Sarana Riau JAKARTA (JP): The chairman of the widely diversified group Raja Garuda Mas, Sukanto Tanoto, will become one of the major shareholders in Sarana Riau Ventura, the newly established venture capital company in Riau province.P.

Corruption and collusion

Corruption and collusionFrom Berita BuanaCorruption and collusion seem to be committed without guilt. This happens in the higher echelon, and maybe other levels as well. It seems that the culprits are incapable of distinguishing good from bad. They are only interested in material gain.

Belated Manggarai underpass completed

Belated Manggarai underpass completed JAKARTA (JP): The Manggarai underpass in South Jakarta, which was planned 20 years ago, has finally been completed.The underpass, which connects Jl. Sultan Agung and Jl.

Fishing reform not contradictory

Fishing reform not contradictory JAKARTA (JP): The government has dismissed critics alleging the recent deregulation in the fisheries sector as contradictory to earlier rulings.The Ministry of Agriculture yesterday said the deregulation, which, among other things, allowed the importation of fish...

Over 5,000 workers go on strike

Over 5,000 workers go on strike JAKARTA (JP): Some 5,150 employees of three private companies in Jakarta, Bekasi and Bogor went on strike Thursday to demand better wages and allowances.The strike which started at 9 a.m.

First aid

First aidFrom KompasWith regards to Ms. Yossephine's complaint Pingsan di Makro tidak ditolong (No help when I fainted in Makro), published in Kompas on July 24, 1996, I would like to make the following comments.The complaint suggests that Makro has no concern for consumers while they shop.

Wood smuggling rampant in C. Java

Wood smuggling rampant in C. Java SEMARANG, Central Java: Over 250,000 cubic meters of illegal timber has been smuggled into Central Java in the first half of this year.The head of the province's forestry office, Yaman Mulyana, said that 253,007 cubic meters had been smuggled in without papers.

Foreign firms not deterred by riots

Foreign firms not deterred by riots SURABAYA (JP): Despite last weekend's major rioting in Jakarta, foreign businesspeople seem unconcerned about making new business deals with Indonesian partners.Executives of eight U.S.

Fifth music concert for AIDS

Fifth music concert for AIDS JAKARTA (JP): A non-governmental organization advocating AIDS prevention, Yayasan Pelita Ilmu, will stage its fifth music concert on Sunday in the Ancol Dreamland Park.Rock, reggae, country and pop will be presented at the concert featuring, among others, the Rastafara,...

Government to promote fish consumption

Government to promote fish consumption JAKARTA (JP): The Indonesian government will promote fish consumption as part of the celebrations for the XVI World Food Day.State Minister of Food Ibrahim Hasan told reporters yesterday the government has chosen fish consumption as the theme for World Food...

JSX regains confidence, stocks rebound

JSX regains confidence, stocks rebound JAKARTA (JP): Most counters on the Jakarta Stock Exchange (JSX) made a "technical rebound" yesterday on easing concern about Indonesia's political situation, following the delay of a court hearing, dealers said.

Rioters were not PDI activists, Soerjadi says

Rioters were not PDI activists, Soerjadi says JAKARTA (JP): The government-backed chief of the Indonesian Democratic Party, (PDI) Soerjadi, refuted charges yesterday he triggered the July 27 to July 28 massive riots in the capital.

Businesspeople may regain confidence in six months

Businesspeople may regain confidence in six months LONDON (JP): Indonesia, which was hit by anarchic riots on July 27, is expected to regain the confidence of foreign investors within six months, says the chairman of the Indonesian Chamber of Commerce and Industry.

Farsighted approach sought

Farsighted approach sought When the government decided to put (the state-run) Merpati Nusantara Airlines under the wings of (the national carrier) Garuda Indonesia, it thought the measure would produce an integrated enterprise whose two elements would be mutually complementing and which would be...

Cabin crew recruitment

Cabin crew recruitment I refer to the July 30 letter Cabin crew recruitment and your reader's comments about a recruitment exercise conducted in Jakarta on May 1 and May 2.The reader stated that Singapore Airlines was seeking to hire crew members between 18 and 25 years of age.

Broken Olympic dream

Broken Olympic dream Considering the highly optimistic send-off given to the national Olympic team last month, there is every reason to be disappointed with the poor showing of our athletes in Atlanta. Indonesia's best medal hopes were in badminton, but our players only managed a single gold, one...

Expats probed for visa abuses

Expats probed for visa abuses JAKARTA: The immigration office has been investigating 18 Canadian and United States citizens for allegedly abusing their immigration privileges.The director of surveillance and litigation of immigration, Zaiman Nurmatias, said the foreigners are suspected of working...

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,...

PDI crisis typifies local politics

PDI crisis typifies local politicsBy Onghokham JAKARTA (JP): In every election held under the New Order government, the Indonesian Democratic Party (PDI) has always come third, even though its supporters seemed so numerous and enthusiastic during campaigning in the last two elections.

S&P upgrades Polysindo rating to 'BB'

S&P upgrades Polysindo rating to 'BB' JAKARTA (JP): Standard & Poor's raised its corporate rating on PT Polysindo Eka Perkasa (Polysindo) to 'BB' from "BB minus' and took the rating off its CreditWatch list.

By Onghokham

By Onghokham PDI crisis reflects local political culture JAKARTA (JP): In every election held under the New Order government, the Indonesian Democratic Party (PDI) has always come third, even though its supporters seemed so numerous and enthusiastic during campaigning in the last two elections.

TV today

TV todayTVRI 12:00 p.m Travel: Wajah Negeriku (My Country) 12:05 TV Series: Gaiking 12:30 Sports 1:05 TV Series: Out of The Blue 2:30 Sport: Olmpiad '96 from Atlanta - live 5:00 News Program 5:25 Travel : Wajah Negeriku (My Country) 5:30 Creation Innovation 6:05 Around the Archipelago: West...

'Environmental concerns not widely shared'

'Environmental concerns not widely shared' JAKARTA (JP): Public and government indifference has hampered the effectiveness of environmental campaigns, environmentalists said yesterday.Mas Achmad Santosa, director of the Indonesian Center for Environmental Law, said the bureaucrats and the public...

Police send summons to Megawati over riot

Police send summons to Megawati over riot JAKARTA (JP): Police said yesterday that they have sent a summons requesting Megawati Soekarnoputri, the embattled leader of the Indonesian Democratic Party (PDI), to their office on Monday for questioning in connection with last week's riots.

PLN undecided on power buying deal with CEPA

PLN undecided on power buying deal with CEPA JAKARTA (JP): State-owned electricity company, PT Perusahaan Listrik Negara (PLN), has yet to decide if it will buy electricity from the Tanjung Jati "B" power plant at a price lower than initially agreed upon.PLN's director for planning P.

Developer summoned over floods

Developer summoned over floods JAKARTA (JP): Governor Surjadi Soedirdja ordered the South Jakarta mayor yesterday to summon the management of a private developer whose project allegedly triggers flooding in Guntur subdistrict, South Jakarta.

Possible AIDS cure, a dream for many

Possible AIDS cure, a dream for manyBy Tom Wright JAKARTA (Reuter): For one pregnant, HIV-infected patient at the Cipto Mangunkusumo General Hospital in Jakarta, talk in Canada of a possible cure for the killer disease AIDS can only be a pipedream.

East Java PDI conflict, a ticking time bomb

East Java PDI conflict, a ticking time bombBy Ainur R. Sophiaan SURABAYA (JP): The capital city of Jakarta has recently seen the worst manifestation of the political conflict within the minority Indonesian Democratic Party.

Former athlete netted for drug sale

Former athlete netted for drug sale JAKARTA (JP): A former national billiards athlete was arrested yesterday on charges of having sold Ecstasy pills at a discotheque at Central Hotel in Central Jakarta.Central Jakarta Police Chief Lt. Col.

Regency suspends suspect on charges of raping a minor

Regency suspends suspect on charges of raping a minor TANGERANG (JP): The regency office has temporarily suspended the head of a district health agency who was accused of raping his 14-year-old adopted daughter and sexually molesting the girl's sister.

Taman Mini offers recreational and cultural experience

Taman Mini offers recreational and cultural experienceBy Marina Kaneti JAKARTA (JP): The Cook travel guide rates it as one of the biggest tourist attractions in Jakarta. Many residents of Jakarta confess that they have never been there, and everyone agrees that it is best to avoid weekends.

Rivers to be dredged for flood prevention

Rivers to be dredged for flood prevention JAKARTA (JP): The city public works will spend Rp 15 billion (US$ 6.52 million) dredging twelve rivers from September in a bid to curb the flooding expected next rainy season, Dargono Danuprawiro, the head of the city office of the Ministry of Public Works,...

Bishop Belo not enthusiastic on statue inauguration

Bishop Belo not enthusiastic on statue inauguration JAKARTA (JP): East Timor's Bishop Carlos Filipe Ximenes Belo gave a cool response yesterday to news that the Jesus Christ statue will be inaugurated by the government.

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.

Kramatdjati bus firm yet to install safety devices

Kramatdjati bus firm yet to install safety devices JAKARTA (JP): The management of an intercity bus firm which lost one bus in a fire killing 29 passengers said it is yet to install safety equipment on its fleet.

Japans's ANA applies for service to Indonesia

Japans's ANA applies for service to Indonesia TOKYO (AFP): Japan's All Nippon Airways Ltd. (ANA) said yesterday it had applied to the transport ministry to begin a service to Indonesia.ANA said it was planning a twice-weekly service between Narita, Jakarta and Denpasar, using a 213-seat Boeing...

U.S. encourages pluralism in Indonesia

U.S. encourages pluralism in Indonesia WASHINGTON (Reuter): The United States will encourage a transition of power in Indonesia that reflects the country's growing interest in greater pluralism, Secretary of State Warren Christopher said on Thursday.

Sembawang's yard profits

Sembawang's yard profits SINGAPORE (Reuter): Singapore's Sembawang Corp says it expects its new shipyard on the Indonesian island of Karimun to be profitable in its third year of operations, the Straits Times said.

Parking attendants get insurance

Parking attendants get insurance BOGOR, West Java: The Bogor municipality is implementing a program to insure the city's parking attendants for accidents.The head of the Bogor parking office, E. Lesmana, said the program for 500 parking attendants was the first in the country.

Poland calls on Indonesian firms to join economic forum

Poland calls on Indonesian firms to join economic forum JAKARTA (JP): The Polish government called on Indonesian companies to participate in its first economic forum with Southeast Asian countries due to be held in Warsaw on Sept. 2 to Sept. 3.

Theft near KFC

Theft near KFC On June 30 at about 7:45 p.m. my family and I ate at the Kentucky Fried Chicken on Jl. Pajajaran in Bogor, West Java. I parked my car in a place that was not very well illuminated. I felt it was safe enough as a security guard and parking man were nearby.

House payments raised by 400%

House payments raised by 400% SURABAYA, East Java: Sriyono, the president director of the state-owned public housing company (Perumnas), turned a deaf ear to the protests of hundreds of potential home buyers after the company suddenly raised its down-payments by 400 percent for modest houses in...

BRI to issue $70m notes

BRI to issue $70m notes HONG KONG (Reuter): State-owned Bank Rakyat Indonesia (BRI) is planning a US$70 million floating rate note or floating rate certificate of deposit issue, sources familiar with the transaction said.

Latief asks workers not to go on strike

Latief asks workers not to go on strike SIDOARDJO, East Java (JP): Minister of Manpower Abdul Latief told 1,000 workers here yesterday to resolve their industrial disputes on the negotiating table, not on the streets.

More companies applying for PCN licenses

More companies applying for PCN licenses JAKARTA (JP): At least 120 companies have applied for the government's licenses to provide Personal Communication Network (PCN) services in the country, sources said.

Less tourists visit Baliem

Less tourists visit Baliem JAYAPURA, Irian Jaya: The Baliem Valley has seen an 80 percent drop in the number of foreign tourists since the end of its kidnapping saga in May.The head of the local tourism, post and telecommunications office, Poernomo, told Antara yesterday that the decline could...

Bogor continues to demolish illegal Puncak buildings

Bogor continues to demolish illegal Puncak buildings BOGOR, West Java (JP): Demolishing of houses and villas without building permits in Puncak is still going on to prevent further damage of the water catchment area.

Peddlers' fate

Peddlers' fateFrom RepublikaI work in an office on Jl. Rasuna Said. On July 18 at about 2 p.m. it seemed many peddlers were running for their lives while being chased by uniformed public order officers. I was quite taken aback by the scene.

New CPO export price set

New CPO export price set JAKARTA (JP): The Ministry of Finance announced here yesterday new export prices for Crude Palm Oil (CPO), Refined Bleached Deodorized Palm Oil (RBD PO), Crude Olein and Refined Bleached Deodorized Olein (RBD Olein) valid for this month.

Cassette plant accused of pollution

Cassette plant accused of pollution JAKARTA (JP): Residents in the Duri Kosambi district of West Jakarta are complaining again about the air pollution which they say stems from a nearby cassette factory.

Indonesian shuttlers share guilt over failures

Indonesian shuttlers share guilt over failures ATLANTA, Georgia (Agencies): Indonesian badminton players celebrated their Olympic medal winning run here on Thursday -- in grief.The lunch get-together, which followed an evaluation meeting held at the homestay of the Badminton Association of...

U.S. firms unconcerned about making new business deals here

U.S. firms unconcerned about making new business deals here SURABAYA (JP): Despite last weekend's major rioting in Jakarta, foreign businesspeople seem unconcerned about making new business deals with Indonesian partners.Executives of eight U.S.