Indonesian Political, Business & Finance News

Archive: 19 September 1996

51 articles found

Bandung's Jalan Braga on the road to renovation

Bandung's Jalan Braga on the road to renovationBy Dewi Anggraeni MELBOURNE (JP): When you were strolling or shopping in Jalan Braga, Bandung, did you ever stop and look at the shop fronts? Have you ever wondered what they looked like before they were obscured by uncoordinated advertising and grime,...

Students protest before court

Students protest before court BANDUNG: Hundreds of university students assembled at Bandung State Administrative Court to support a lawsuit filed by a fellow student who was expelled in May for his alleged involvement in the death of a first-year student earlier this year.

Minister Sjarifudin defends troubled PTP Agrintara

Minister Sjarifudin defends troubled PTP Agrintara JAKARTA (JP): Minister of Agriculture Sjarifudin Baharsjah continued to defend PTP Agrintara yesterday, saying it had been sold cheap crude palm oil (CPO) to help stabilize domestic cooking oil prices.

City proposes bills to increase revenue

City proposes bills to increase revenue JAKARTA (JP): The administration has proposed two draft bills to the City Council to replace provincial decree No. 9/1985 on fees of various services provided by its agencies and decrees on the city label fee, a councilor said.

Development in ASEAN must spur social justice

Development in ASEAN must spur social justice JAKARTA (JP): Southeast Asian countries should aim for rapid economic growth to help spur social justice, academics and analysts said yesterday."We still have a very long way to go," said Noordin Sopiee, director general of Malaysia's Institute for...

Jobs in South Korea

Jobs in South KoreaFrom KompasIn November 1995, I enlisted for work overseas. I registered for a job in South Korea, at the representative office of PT Pandu Abdi Pertiwi in Bandung. In December I took a week-long training course in Trapus, Bandung.

City cancels plan to relocate gas stations

City cancels plan to relocate gas stations JAKARTA (JP): The administration has canceled its plan to relocate 33 gas stations from green areas in the city and has decided to let the gas stations continue operating in the 50,000 square meters of supposedly green area.

New UN assembly president is the most vocal in years

New UN assembly president is the most vocal in yearsBy Evelyn Leopold UNITED NATIONS (Reuter): Razali Ismail of Malaysia assumed the prestigious post of General Assembly president Tuesday as a man with a reputation for speaking his mind on nearly every issue facing the United Nations.

Leader of labor export body defies meeting

Leader of labor export body defies meeting JAKARTA (JP): The embattled chief of the Association of Labor Export Companies (Apjati), Mahfudz Djaelani, vowed yesterday to fight any attempts to unseat him.

Motorcyclists rob merchant

Motorcyclists rob merchant JAKARTA (JP): A group of men on motorcycles robbed a merchant who had just left his house early yesterday morning, relieving him of Rp 11.6 million (US$4,974) in cash with which he intended to buy meat at the Cakung slaughterhouse in East Jakarta.

Triptych Jewelry Exhibition

Triptych Jewelry Exhibition JAKARTA (JP): Forty pieces of unique jewelry, designed by artisans of the Helpmann Academy of South Australia, will be exhibited at Cemara 6 Galeri Kafe, Jl. Cemara, Central Jakarta.The six-day exhibition, called the Triptych exhibition, will be open to public tomorrow.

Management of state firms to get more authority

Management of state firms to get more authority JAKARTA (JP): Minister of Finance Mar'ie Muhammad pledged yesterday to delegate more power to the managements of state- owned companies to make them more responsive to rapid changes in the business environment.

Lawyers call indictment 'manipulative'

Lawyers call indictment 'manipulative' JAKARTA (JP): Lawyers of a warden being tried for allegedly helping a business tycoon to escape from prison last May called the prosecutor's indictment "manipulative" in court yesterday.

Course aims to reduce student brawls

Course aims to reduce student brawls JAKARTA (JP): The Central Jakarta police precinct is to hold a special policing course for high school students in an effort to reduce the number of brawls in the city.Central Jakarta Police Chief Lt. Col.

Men jailed for stealing

Men jailed for stealing JAKARTA (JP): A court has found two men guilty of stealing watches worth Rp 5 billion (US$ 218 million).Judge Gatam Taridi of the Central Jakarta District Court sentenced shopkeeper Marsono Marsitih, 34, to three years in prison and his friend Sunarto to one year for...

Digital telephone system in E. Jakarta

Digital telephone system in E. Jakarta JAKARTA (JP): The East Jakarta branch of the state-owned telecommunication provider PT Telkom will change the central automatic telephone system of its exchange in Tebet, South Jakarta, from analog technology to digital technology.

UN sets new round of E. Timor talks in NY

UN sets new round of E. Timor talks in NY UNITED NATIONS (Agencies): UN Secretary-General Boutros Boutros-Ghali announced on Tuesday that a new round of talks on East Timor between the foreign ministers of Indonesia and Portugal would be held in New York in December, AFP reported.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 18, 1996: Shares Close Change Trading Volume ------------------------------------------------------ Ades Alfindo 1,100 -225 1,500 AHAP Insurance 2,700 0 0 Alumindo Perkasa 700 0 0 Andayani Megah 1,100 -25 10,500 Aneka...

CSIS at 25

CSIS at 25 If public attention is a measurement of importance, one might say that Indonesia's most venerable think tank is sadly past its prime. The Center for Strategic and International Studies (CSIS) turned a respectable 25 years of age this month with almost no notice from the public.

Jakarta succeeds both as host and as team

Jakarta succeeds both as host and as team JAKARTA (JP): Jakarta has achieved success, both in hosting the 14th National Games and in meeting its target of winning 100 gold medals, the city's top sports chief said.

Preparing food for athletes is not easy

Preparing food for athletes is not easyBy Fitriyanti Djoni JAKARTA (JP): Preparing food for athletes is different than serving the general public. Food for sports people has to be prepared according to strict standards set by both local and international sports associations.

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,...

Australian union bans RI ships

Australian union bans RI ships MELBOURNE (Reuter): Australia's powerful Maritime Union yesterday launched rolling bans on Indonesian shipping to protest against the arrest of Indonesian labor leaders and Canberra's "failure" to press Jakarta on human rights.

Minister proposes environmental tax

Minister proposes environmental tax JAKARTA (JP): Minister for Tourism, Post and Telecommunications Joop Ave proposed yesterday the idea of imposing an environmental tax, beginning with the tourist industry.

Quake jolts Baguio, stirs mild panic

Quake jolts Baguio, stirs mild panic MANILA (Reuter): An earthquake jolted the mountain city of Baguio in the northern Philippines yesterday, sending panicky residents running into the streets but there were no casualties or damage, police said.The 3:23 p.m.

Venture to produce drilling devices

Venture to produce drilling devices JAKARTA (JP): Petroleum engineering companies PT Welltekindo Nusantara of Indonesia and Specialty Machine and Supply Inc. of the United States signed a joint-venture agreement here yesterday to produce downhole plow control devices for oil drilling.

RI mission to Argentina

RI mission to Argentina BUENOS AIRES (Reuter): A delegation of 35 entrepreneurs from Indonesia headed by Trade and Industry Minister Tunky Ariwibowo will visit Buenos Aires this week to explore business opportunities, Argentina's Foreign Ministry said Tuesday.

ASEAN told to delay Myanmar's entry

ASEAN told to delay Myanmar's entry KUALA LUMPUR (AFP): Malaysian non-governmental organizations (NGOs) yesterday called on ASEAN governments to delay Myanmar's entry into the regional grouping until it makes more acceptable political changes.

Two hostages found dead in Irian Jaya

Two hostages found dead in Irian Jaya JAKARTA (JP): The two remaining hostages, abducted by Irianese separatist rebels last month, were found dead in a ravine yesterday, Antara quoted Lt. Col. Maulud Hidayat, a spokesman of the Trikora Military Command, as saying.

Bre-X Minerals set to cash in on RI gold find

Bre-X Minerals set to cash in on RI gold find HONG KONG (Reuter): Canada's Bre-X Minerals Ltd may become one of the world's largest gold companies after the discovery of the Busang gold deposit in Indonesia, the firm's exploration manager Michael T. Guzman said.

E. Java dominates archery in National Games

E. Java dominates archery in National Games JAKARTA (JP): East Java wrapped up its winning run in the archery competition at the 14th National Games yesterday with an Olympic round gold medal.The East Java men's trio of Hariyono, Hendra Setijawan and Gatot Arianto teamed up well to beat their North...

Justice banned from seminar

Justice banned from seminar SURABAYA: Deputy Chief Justice Adi Andojo Soetjipto failed to show up to address a seminar at the Airlangga University here yesterday because he was not permitted to attend."Pak (Mr.

The young worship the West

The young worship the WestFrom Bisnis IndonesiaWe are facing many challenges in this era of globalization; these challenges exist in economics, politics, social matters and culture.The young are vulnerable to the influence of alien cultures.

Tortured woman found in Bekasi

Tortured woman found in Bekasi BEKASI, West Java (JP): Local residents found a young woman with bruises on her face and body lying unconscious on the street early yesterday.Police officers who came to the site after receiving a report from witnesses, took the woman, later identified as Marsinah,...

Administrative failure led to women's hockey row

Administrative failure led to women's hockey row JAKARTA (JP): Members of 14th National Games organizing committee admitted yesterday that administrative errors had caused the disqualification of women's hockey as a medal event, and called for thorough deliberation to solve the issue.

Jakarta prepares for Games closing ceremony

Jakarta prepares for Games closing ceremony JAKARTA (JP): The 14th National Games will enter its penultimate day today as host Jakarta dresses up for the closing ceremony, which looks certain to serve as its formal induction as overall winner.

Foreigners tax a burden

Foreigners tax a burden I, a German national, have been married to my Indonesian husband for more than 33 years. After finishing his studies in Europe, my husband was asked to return to Indonesia at the end of 1972 in order to work with the Suara Karya daily and Progres magazine.

Wisdom needed in handling religious schisms

Wisdom needed in handling religious schisms JAKARTA (JP): Greater wisdom is necessary to handle differences between religious communities in Indonesia, especially at a time when religious teachings are flourishing, President Soeharto said yesterday.

Customs staff withhold clearance of Timor cars

Customs staff withhold clearance of Timor cars JAKARTA (JP): Director General for Customs and Excise Soehardjo said yesterday his office was still withholding the clearance of around 4,000 Timor national cars until it received a clear report on their local contents.

House member asks govt to change education system

House member asks govt to change education system JAKARTA (JP): A House of Representatives member urged the government to overhaul the current education system to meet the demand for more skilled workers in the future.

Treacherous money changers

Treacherous money changers As frequent visitors to Bali we have occasionally encountered money changers cheating tourists out of money by exploiting their unfamiliarity with Indonesian currency.Our present visit to Bali, however, has given us the impression that the whole bag has gone rotten.

BUPLN to handle Rp 4.3t in bad loans

BUPLN to handle Rp 4.3t in bad loans JAKARTA (JP): The value of the state-owned banks' bad loans transferred to the state receivership agency, BUPLN, exceeded Rp 4.3 trillion (US$1.8 billion) in the last two fiscal years, says a senior official.BUPLN chairman Adolf Warouw said yesterday that Rp 2.

Soeharto calls for self-reliance in transportation

Soeharto calls for self-reliance in transportation JAKARTA (JP): President Soeharto called on domestic companies yesterday to help make the country more self-reliant in sea, land and air transportation.

Emha rejects comfy seat in the House, vows to help PPP

Emha rejects comfy seat in the House, vows to help PPP SEMARANG (JP): Well-known intellectual Emha Ainun Nadjib said yesterday he has turned down the United Development Party's (PPP) offer of a cozy seat in the House of Representatives.

An internal security law needed

An internal security law needed The Constitution makes it clear that Indonesia is a state based on the rule of law and not solely on individual power. It is therefore natural that of late much criticism has been aimed at the possible use of laws that are regarded as reflecting little more than the...

Six missing in July 27 riots have been found

Six missing in July 27 riots have been found JAKARTA (JP): Six of the people who were reported missing by the Jakarta Legal Aid Institute following the July 27 riots have been found, leaving eight people still on the institute's missing persons list.

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: Gerak dan Lagu 12:55 Travel Film: 13 Wonder Back to The Wind 1:17 Film: Here Comes the Stars: Bob Hope 1:42 Sport 2:00...

Companies should use care in revaluing assets

Companies should use care in revaluing assets JAKARTA (JP): Public companies must be careful when carrying out asset revaluations if they do not want to damage their financial ratios and stock performance, advises Jusuf Halim of the Jusuf Halim & Partners accounting firm.

Cahaya Kalbar profit soars

Cahaya Kalbar profit soars JAKARTA (JP): Newly-listed PT Cahaya Kalbar, the largest producer of specialty fats, booked a net profit of Rp 9.2 billion (US$3.9 million) for the first half of this year, compared to Rp 1.6 billion gained in the same period of last year.

Two draft bills to be introduced

Two draft bills to be introduced JAKARTA (JP): Proposals for bills on new parking fees and congestion pricing are to be introduced in the near future, according to the chairman of the commission in charge of city revenue.

Elephants to be relocated

Elephants to be relocated PEKANBARU, Riau: The Ministry of Forestry is planning to catch and tame 20 wild elephants which will then be relocated to a new habitat in Sebanga forest in Bengkalis regency.Programming chief of the local office of the forestry ministry Ratman Tasmin said yesterday that...