Indonesian Political, Business & Finance News

Archive: 12 September 1996

53 articles found

Jakarta is safe

Jakarta is safeFrom KompasWe all sense that Jakarta is back to normal after the July 27 surprise, which, is known as Sabtu Kelabu (gray Saturday). In the aftermath, security has been increased in strategic, or, violence prone locations where security men, armed to the teeth, are watching the public...

Cellular phone use to increase steadily

Cellular phone use to increase steadily JATILUHUR, West Java (JP): The government's plan to license more operators in the next few years, coupled with the decrease of handset prices, will help maintain the high growth of cellular telecommunications services until 2000, an executive said.

Housewife stabbed by guest

Housewife stabbed by guest TANGERANG, West Java (JP): The police have arrested an unemployed man for stabbing his friend's wife, after she asked him to vacate her house which he had been living in for two months.

Jakarta pulls away in medal race

Jakarta pulls away in medal race JAKARTA (JP): Host Jakarta broke away for a commanding lead in the medal race as the 14th National Games (PON) stepped up the pace with more records yesterday.The swimming pool and weight lifting gym again played host to record-breaking contests, which resulted in...

Indonesia-Malaysia talks on island row deadlocked

Indonesia-Malaysia talks on island row deadlocked JAKARTA (JP): Minister of Foreign Affairs Ali Alatas conceded yesterday that negotiations with Malaysia to settle the status of two small islands off East Kalimantan have reached a deadlock.

Anti-polio drive exceeds target

Anti-polio drive exceeds target JAKARTA (JP): The polio immunization drive exceeded 100 percent of its target here Tuesday, an official at the city's health agency said.The drive vaccinated 969,833 children, five years and under, or 101.

Officials support Soeharto's call for indoor campaigns

Officials support Soeharto's call for indoor campaigns JAKARTA (JP): President Soeharto's call for reform of the rules on election campaigns received support from senior government and military figures yesterday.

AFTA Council fails to resolve rice liberalization problems

AFTA Council fails to resolve rice liberalization problems JAKARTA (JP): Trade ministers from the seven members of the Association of Southeast Asian Nations (ASEAN) failed yesterday to find common ground on the timetable for the liberalization of sensitive farm products.

TV today

TV todayTVRI 10:00 a.m. Sports Games (PON) Report from the National Sports Stadium (live) 12:00 p.m. Travel: My Country 12:05 TV Series: Family Matters 12:30 Dance Performance 1:00 Travel: Last Frontier 1:30 Science Film: Here Comes the Stars 2:00 Women's World 2:30 Sports Games (PON) Report from...

Straits to buy S'pore firm

Straits to buy S'pore firm SYDNEY (Reuter): Gold and copper miner Straits Resources Ltd said yesterday it had agreed to buy Singapore's Straits Sebuku Pte Ltd for US$20.6 million.Straits Sebuku owns large coal interests in Indonesia, the company said.

'Post' becomes 'past'

'Post' becomes 'past' Of late, there is an inordinate delay in delivery of The Jakarta Post. Delivery is often erratic. Previously, we used to get the Post delivered at home at least before office hours. It's no longer the case now. Another subscriber-friend of mine concurs with this view.

BI, Bapepam prepare merger ruling

BI, Bapepam prepare merger ruling JAKARTA (JP): Bank Indonesia Governor J. Soedradjad Djiwandono said yesterday that the central bank and the Capital Market Supervisory Agency (Bapepam) are preparing a regulation to facilitate mergers between publicly-listed banks.

China has no qualms about RI war games

China has no qualms about RI war games JAKARTA (JP): China is not upset with the big military exercise currently being conducted by Indonesia in the Natuna Islands, Indonesia's Armed Forces Chief Gen. Feisal Tanjung said yesterday.Feisal said Beijing's position was stated by Gen.

Brokers barred from ID card process

Brokers barred from ID card process JAKARTA (JP): A deputy governor said yesterday the administration will no longer permit brokers to help people applying for ID cards, and asked all mayoralty and district officials to improve their services to the public.

Campus paper editor sacked

Campus paper editor sacked SEMARANG: Diponegoro University rector Muladi has discharged Darmanto Jatman from his position as chief editor of the university's monthly newspaper, Manunggal."I dismissed Darmanto Jatman because I assigned him to a new post as head of the psychology study program,"...

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,...

Baby dies after getting anti-polio vaccine

Baby dies after getting anti-polio vaccine TANGERANG, West Java (JP): The obsession with targets in the national anti-polio drive is said to be the reason behind the attitude of health officials who prioritized vaccine administration over the condition of a very sick baby.

'House Supermarket' to be launched

'House Supermarket' to be launched JAKARTA (JP): A private company will soon set up a "House Supermarket", which it describes as an audio-visual medium to promote and market real estate in Greater Jakarta.

Malaysian firms eye Penang-Dumai bridge project

Malaysian firms eye Penang-Dumai bridge project JAKARTA (JP): Minister of Public Works Radinal Moochtar said yesterday that several investors from Malaysia have announced their intention to invest in the construction of a bridge to connect Penang in Malaysia and Dumai in Riau province.

BI acts to cool down economy

BI acts to cool down economy JAKARTA (JP): Bank Indonesia announced an expansion of the intervention band to 8 percent and a rise in the minimum reserve requirement to 5 percent yesterday in a surprising move to reduce speculative trading and to cool down the overheated economy.

Audio video expo attractive

Audio video expo attractive JAKARTA (JP): Much larger crowds than expected have attended the first two days of a nine-day exhibition on audio and video electronic devices here."An average of 45,000 visitors have been recorded each day, which is way beyond our expectation," the organizer of Audio...

Yayuk leads Yogyakarta to gold

Yayuk leads Yogyakarta to gold JAKARTA (JP): World number 29 Yayuk Basuki inspired Yogyakarta to the gold medal after a rain-interrupted women's tennis team final against East Java in the 14th National Games yesterday.

Green dominates Fortun's lush landscapes

Green dominates Fortun's lush landscapesBy Parvathi Nayar Narayan JAKARTA (JP): It is practically impossible not to notice the color green at the exhibition of paintings by Ignacio Fortun at the Spanish Embassy.

CEPA told to set power price below 6.45 U.S. cents

CEPA told to set power price below 6.45 U.S. cents JAKARTA (JP): State-owned electricity company PLN says it refuses to buy electricity from PT Consolidated Electric Power Asia's (CEPA) planned Tanjung Jati B power station if it costs more than 6.45 U.S. cents per kilowatt hour (kWh)."A price of 6.

RI's bureaucracy the worst in ASEAN: Survey

RI's bureaucracy the worst in ASEAN: Survey JAKARTA (JP): Bureaucracy remains the top headache for Japanese manufacturers operating in Indonesia, while other ASEAN countries have apparently managed to reduce red tape, according to a survey.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 11, 1996: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 1,200 0 0 AHAP Insurance 2,700 0 0 Alumindo Perkasa 700 0 0 Andayani Megah 1,050 0 212,000 Aneka Kimia...

Police force hit by acute sickness, Kusparmono says

Police force hit by acute sickness, Kusparmono says JAKARTA (JP): A retired police general believes that the recent extortion allegedly committed by a police subprecinct chief is a reflection of an acute sickness in the corps.

Texmaco's profit up 45%

Texmaco's profit up 45% JAKARTA (JP): PT Texmaco Jaya said yesterday that it booked a net profit of Rp 29 billion (US$12 million) in the first six months of this year, an increase of 45 percent over the same period last year.

'Vessels of Life' documents Lombok earthenware

'Vessels of Life' documents Lombok earthenwareBy Diana Darling LOMBOK, West Nusa Tenggara (JP): Most people who still have to carry water on their heads prefer to use a lightweight plastic bucket that costs a dollar rather than an earthenware vessel that costs three.

Senior official tried for aiding in Tansil's escape

Senior official tried for aiding in Tansil's escape JAKARTA (JP): A senior official at the Cipinang penitentiary went on trial yesterday in the East Jakarta District Court for helping in the escape of businessman Eddy Tansil last May.

Tiff should not hurt ties: Singapore

Tiff should not hurt ties: Singapore SINGAPORE (AFP): Singapore and Malaysia have agreed that a dispute over the idea of reunification should not be allowed to damage bilateral ties, Singapore Foreign Minister S. Jayakumar said in remarks published yesterday.

ASEAN fails to get U.S. to sign SEANWFZ treaty

ASEAN fails to get U.S. to sign SEANWFZ treatyBy Meidyatama Suryodiningrat BATAM ISLAND, Riau (JP): ASEAN has again failed in its attempt to get the United States to sign the protocol of the Southeast Asian Nuclear Weapons Free Zone (SEANWFZ) treaty despite claims that Washington supports such a...

Banks' combined profits surge by 35% to $1.95b

Banks' combined profits surge by 35% to $1.95b JAKARTA (JP): The combined net profits of the country's 240 commercial banks rose by 35 percent to Rp 4.63 trillion (US$1.95 billion) last year from Rp 3.42 trillion in 1994, according to Bank Indonesia Governor J. Soedradjad Djiwandono.

Misuari wins vote in southern RP

Misuari wins vote in southern RP MANILA (AFP): Former Moro rebel leader Nur Misuari was declared winner yesterday of a vote for governor of a Moslem autonomous region in the southern Philippines, the official election body said.

Indonesia tops Tiger Cup Group A

Indonesia tops Tiger Cup Group A SINGAPORE (AFP): A wonder goal from Kurniawan Dwi Yulianto yesterday helped Indonesia to the top slot in the Tiger Cup's Group A despite a 1-1 draw with Vietnam, setting up a semifinal confrontation with Malaysia.

Lampung wight lifters maintain winning run

Lampung wight lifters maintain winning run JAKARTA (JP): Lampung lived up to its billing as the producer of the country's weight lifting cream in the 14th National Games yesterday, and Jambi benefited from it.

Sempati Air responds

Sempati Air responds Allow us to reply to a letter in The Jakarta Post (Aug. 25) under the title Sempati's Tiring Route sent in by Mr. Basar Aye Sibuea.We quite understand the disappointment of Mr. Sibuea's wife during the Medan-Banjarmasin flight SG 501 on Aug. 17.

Asia welcomes treaty banning nuclear tests

Asia welcomes treaty banning nuclear tests HONG KONG (Reuter): Most of Asia yesterday welcomed the UN General Assembly's approval of a treaty banning nuclear explosions as a flawed but necessary pact, although India vowed to continue fighting the deal.

'Greater Jakarta needs ministerial level authority'

'Greater Jakarta needs ministerial level authority' JAKARTA (JP): Jakarta, Bekasi, Bogor and Tangerang need one governor, with a ministerial level authority, to face future challenges, former state environment minister Emil Salim said.

Soerjadi questioned again about the July 27 riots

Soerjadi questioned again about the July 27 riots JAKARTA (JP): The government-recognized chief of the Indonesian Democratic Party (PDI), Soerjadi, was questioned yesterday at the Attorney General's Office on the July 27 riots.Soerjadi arrived at the office at 9 a.m. without his lawyers.

Cambodian amnesty bid

Cambodian amnesty bid The haste with which Cambodian leader Hun Sen is moving to secure an amnesty for Khmer Rouge leader Ieng Sary is in striking contrast to the long wait for justice for the victims of the Killing Fields.

Mahuse bids farewell with bronze medal

Mahuse bids farewell with bronze medal JAKARTA (JP): Frans Mahuse of West Java ended his javelin career with a bronze medal yesterday as the 14th National Games track and field competition started with a new meet record in the men's 110m hurdles.Mahuse threw 62.

Hotel reservations canceled

Hotel reservations canceled I made reservations for two rooms at the Hotel Chedi Bandung for the night of Sept. 7, through its reservation office in Jakarta. The booking was confirmed.Just before leaving Jakarta for Bandung, I called the hotel and spoke with the front office staff.

Dynaplast sets up venture

Dynaplast sets up venture JAKARTA (JP): PT Dynaplast, a publicly-listed producer of plastics and electric wire, announced yesterday that it signed a joint venture agreement with Cubic Co. Ltd. of Japan and PT Karya Agung Alexander Motor to produce printing plastics.

Police question tribal leader

Police question tribal leader MANOKWARI, Irian Jaya: Amungme tribal leader Tom Beanal has been questioned about the Aug. 14 kidnapping of employees of a logging company, PT Kamundan Raya, in Timika subdistrict.

Whose House is it?

Whose House is it? In the next few days, the country's three political organizations will be finalizing their lists of candidates for the 1997 general election. More publicity has been given to Golkar, which won the past five elections by landslide margins, than to the United Development Party...

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.

'Holland misunderstood on Ecstasy'

'Holland misunderstood on Ecstasy' SERANG, West Java (JP): Dutch Minister of Health, Welfare and Sports E. Borst-Eilers says many Indonesians mistakenly cite Holland as a manufacturing source of Ecstasy, the drug which has become the cause of much concern in Indonesia.

Asia dumps its dictatorships

Asia dumps its dictatorshipsBy Kavi Chongkittavorn BANGKOK: As expected, the local media head-lined the outcome of the "trial of the century" in South Korea recently as if they all had one thing in mind; that is, to send a direct message to Thailand's leaders who have continuously abused their...

Two more die on toll road

Two more die on toll road BEKASI, West Java (JP): The driver and a passenger of a Toyota Kijang van died at 3:00 a.m. yesterday when the van tipped over on the Cikampek-Jakarta toll road in Bekasi Timur.A local police officer said a blow-out is believed to have caused the accident.

Asian-speaking phones

Asian-speaking phones SINGAPORE (AFP): Finnish telecommunications giant Nokia Corp. has launched here an advanced cellular phone with Asian-language texts in a bid to grab a bigger share of the booming Chinese and Southeast Asian markets.

Broadcasting bill controversy continues

Broadcasting bill controversy continues JAKARTA (JP): The long-awaited bill on broadcasting continues to spark controversy in its making despite government efforts to be as accommodative as possible, a legislator said in a seminar yesterday.

ASEAN and United States clash over aid programs

ASEAN and United States clash over aid programsBy Meidyatama Suryodiningrat BATAM, Riau (JP): A senior American official said yesterday that ASEAN member states should not expect an increase in aid and that trade and investment should be the main instrument of growth.U.S.