Indonesian Political, Business & Finance News

Archive: 24 September 1996

56 articles found

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sept. 23, 1996: Shares Close Change Trading volume -------------------------------------------------------- Ades Alfindo 1,100 0 0 AHAP Insurance 2,700 0 0 Alumindo Perkasa 650 0 0 Andayani Megah 1,100 0 487,000 Aneka Kimia...

Malaysia set to host Formula One

Malaysia set to host Formula One KUALA LUMPUR (AFP): Malaysia is negotiating to stage a Formula One grand prix from 1999 at a new track south of Kuala Lumpur and Asia could get a second race next year.A deal between Malaysian representatives and Formula One leaders was virtually secured at the...

Games medal winners cash in on victories

Games medal winners cash in on victories JAKARTA (JP): Cash bonuses for National Games winners made the headlines in the country's sports pages over the weekend after 12 days of hectic competition finished Friday.

Reporters demand proper probe

Reporters demand proper probe SURAKARTA, Central Java: The Yogyakarta chapter of the Indonesian Journalists Association is considering whether to ask the National Commission on Human Rights to investigate the death of a local reporter here last month.

Defendant tells court of previous 'sin'

Defendant tells court of previous 'sin' TANGERANG, West Java (JP): A 41-year-old woman standing trial for allegedly attempting to smuggle 9,000 Ecstasy pills into Indonesia told the Tangerang District Court yesterday that she had twice succeeded in smuggling the drug into the country in 1993 and...

Asia: The past and next 50 years

Asia: The past and next 50 years This is the second of two articles based on a paper presented by Robert A. Scalapino, a Robson Research Professor of Government Emeritus at the University of California, Berkeley, U.S.A. at a seminar on Sept.

S'pore firms plan multimedia network

S'pore firms plan multimedia network SINGAPORE (AFP): Three Singapore firms teamed up yesterday to develop a multimedia network linking homes, offices, businesses and schools to push the city-state closer towards its ambition of becoming the world's first "intelligent island.

Muffled internal campaign reveals deep rifts in UMNO

Muffled internal campaign reveals deep rifts in UMNOBy Bill Tarrant KUALA LUMPUR (Reuter): Malaysian Prime Minister Mahathir Mohamad's usually boisterous political party is holding triennial polls next month, but no one would ever know it by the campaign so far -- or, more to the point, the lack of...

Harassment of women

Harassment of womenFrom KompasAn article in Kompas on Aug. 28 titled: The presence of an Alien in the House has attracted my attention. The article details the aspects of immigration requirements and refers to the case of Andreya Masaru Miyakoshi, the child of an Indonesian subject Kristia Yuliani,...

Sison seeks political asylum

Sison seeks political asylum MANILA (AFP): The self-exiled founder of the Philippine communist insurgent movement yesterday demanded he be granted political asylum in the Netherlands as a condition for his return to the Philippines.

Worker crushed by steamroller

Worker crushed by steamroller JAKARTA (JP): A road construction worker has been crushed to death by a steamroller driven by a friend in the East Parking Lot, Senayan, Central Jakarta.Lasman, the victim, was asleep on the road he and his friends were repairing early yesterday morning when his...

Dewi A. Rais Abin

Dewi A. Rais Abin Thank you for printing on Sept. 21 a photograph of my husband and I on the occasion of the launching of my book Notes from Sinai: A Nostalgia on Sept. 20.I would like to clarify that my husband, retired Lt.Gen.

Malaysia snarled in plastic mess

Malaysia snarled in plastic messBy Bob Khan KUALA LUMPUR (UPI): Malaysia's economic boom has become entangled in a plastic-packaged environmental nightmare. You can see it most clearly in the virtual mat of multi-colored garbage that bobs along the Klang River flowing through the capital.

Lawyers demand acquittal of client

Lawyers demand acquittal of client JAKARTA (JP): The defense lawyers of a man charged with murdering the owner of a recording studio asked the North Jakarta District Court yesterday to acquit him of all charges.

Concessionaires told to set aside wood for locals

Concessionaires told to set aside wood for locals JAKARTA (JP): Minister of Forestry Djamaludin Suryohadikusumo said yesterday only 45 forest concessionaires, or about 10 percent of the total number, have allocated a portion of their log harvests for local communities.

Caltex to invest US$5.0b in Asia by 2000: Chairman

Caltex to invest US$5.0b in Asia by 2000: Chairman SINGAPORE (Reuter): Caltex Petroleum Corp, a joint-venture of U.S. oil majors Texaco Inc and Chevron Corp, plans to invest US$5.0 billion in Asia by 2000, chairman David Law-Smith said yesterday.

BNI president upbeat about share offering

BNI president upbeat about share offering JAKARTA (JP): The president of state-owned Bank Negara Indonesia (BNI) 1946, Widigdo Sukarman, said yesterday he was confident the bank's initial public offering (IPO) in November would be well received by investors despite the large number of shares it had...

Vote-getters not needed, political scholars say

Vote-getters not needed, political scholars say SEMARANG (JP): Political scholars said yesterday that the recruitment of celebrities as vote-getters in next year's general election is an outdated trick to attract voters.

Our art for sale?

Our art for sale? The current furor over the aborted auction in Singapore of two paintings that were allegedly stolen from the National Museum's collection in Jakarta once again puts the spotlight on the lamentable conditions of our museums and monuments.

Malaysia threatens to break rubber pact

Malaysia threatens to break rubber pact KUALA LUMPUR (AFP): Malaysia warned yesterday it would refuse to ratify a new United Nations-brokered rubber price pact unless Indonesia withdrew its bid for the top post of the global rubber group.

ACeS gets US$60 million loan

ACeS gets US$60 million loan JAKARTA (JP): Jakarta-based satellite operator PT Asia Cellular Satellite (ACeS) signed a US$60 million loan facility yesterday from a domestic financial consortium led by the state- owned PT Danareksa Finance.

Salim to join RP group

Salim to join RP group MANILA (Reuter): Indonesia's largest conglomerate, the Salim Group, is eying a stake in the proposed US$500 million naphtha cracker project of the Philippine National Oil Co-Petrochemical Development Corp (PPDC).

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,...

Clarity requested for 'public info campaign'

Clarity requested for 'public info campaign' JAKARTA (JP): The City Council would like the municipality to explain the effectiveness of its Rp 4 billion campaign to familiarize the public with city regulations, deputy council speaker Ismunandar said yesterday.

'Hairy pollution crisis in Lampung'

'Hairy pollution crisis in Lampung' JAKARTA (JP): Air pollution in the Lampung capital of Bandar Lampung is so heavy that residents' hair is contaminated with industrial waste, notably cadmium, an academic said yesterday.

Resigning members force tin body to rethink strategy

Resigning members force tin body to rethink strategy SINGAPORE (Reuter): The Association of Tin Producing Countries (ATPC), hit by resignations of two member-nations the past week, needs to be restructured to make it relevant, a senior official said yesterday.

Mystery of missing RI paintings puzzles art world

Mystery of missing RI paintings puzzles art worldBy Amir Sidharta JAKARTA (JP): The Indonesian art world was shocked by the news of the alleged theft of six paintings from Jakarta's National Museum. Even more shocking was the fact that at least two of the allegedly stolen paintings, A Nude...

Public participation in crime prevention sought

Public participation in crime prevention sought JAKARTA (JP): Jakarta Police Chief Maj. Gen. Hamami Nata called on the public yesterday to join the battle against crime in the city."Caring about others' fate should be developed to build togetherness to fight crime," the two-star general said in a...

ABRI reshuffles another hundred senior officers

ABRI reshuffles another hundred senior officers JAKARTA (JP): The Armed Forces (ABRI) announced yesterday a reshuffle affecting more than 100 senior officers in all four services, including the reassignment of onetime rising star Maj. Gen. A.M. Hendropriyono.ABRI Chief Spokesman Brig. Gen.

Australia and Indonesia sign cooperation pacts

Australia and Indonesia sign cooperation pacts CANBERRA (Agencies): Australia and Indonesia signed agreements here yesterday aimed at boosting cooperation and information exchanges between the two neighbors' finance industries.

Man arrested for forging money

Man arrested for forging money JAKARTA (JP): The Bogor police have arrested one of four people suspected of forging money, Suara Pembaruan reported yesterday.The suspect, identified as Bud, 24, was apprehended over the weekend when he was about to use a fake Rp 50,000 note at the PD Pangestu store...

Internal dispute among labor exporters drags on

Internal dispute among labor exporters drags on JAKARTA (JP): The row in the Association of Labor Export Companies (Apjati) heightened yesterday with the government- backed leader threatening to take his opponents to court unless they surrendered the funds belonging to the association.

Sarwono hails idea to build homes on stilts

Sarwono hails idea to build homes on stilts JAKARTA (JP): State Minister of Environment Sarwono Kusumaatmadja is in favor of a proposal that homes in water catchment areas be built on stilts.The proposal, from South Jakarta Mayor Pardjoko, was among other suggestions to help preserve water...

IKIP Surabaya selects new rector

IKIP Surabaya selects new rector SURABAYA: The state Teachers Training Institute (IKIP) in Surabaya, is having trouble selecting a new rector to replace Soerono Martorahardjo.The three best of ten nominees for the position are said to have flaws.

NGOs demand controls on land ownership

NGOs demand controls on land ownership JAKARTA (JP): A group of non-governmental organizations (NGOs) yesterday renewed their long-held demand for a government regulation to limit the size of land ownership across the country.

7-day cruise to Banda Islands

7-day cruise to Banda Islands JAKARTA (JP): A new seven-day cruise to the Banda islands, known as the Pearl of the Indian Ocean, will operate for the first time to coincide with the island's annual Kora Kora boat race from Nov. 12 to Nov. 19.

238 arrested for timber theft

238 arrested for timber theft SURABAYA: A forest raid, code-named "Brush Operation", has resulted in the arrest of 238 people in Jombang and Nganjuk who are suspected of stealing 600 cubic meters of teakwood from surrounding forests.

Inflation rate expected to hit 8.5% this year

Inflation rate expected to hit 8.5% this year JAKARTA (JP): The Central Bureau of Statistics (BPS) expects Indonesia's inflation rate to reach 8.5 percent this calender year and 8.9 percent next year.The agency attributed the high estimates to continued increases in demand for consumer products.

'Belantara Jakarta' on display

'Belantara Jakarta' on display JAKARTA (JP): An exhibition of the works of French photographer Herve Dangla is to be opened today at the French Cultural Center in Central Jakarta.A book on his works, titled "Belantara Jakarta", is also to be launched at the center on Jl. Salemba Raya.

Legislator deplores PDI candidate list

Legislator deplores PDI candidate list JAKARTA (JP): A legislator criticized the government yesterday for accepting the election candidate list from the rift-ridden Indonesian Democratic Party (PDI), saying that the list breached the electoral law.A.A.

Museums need help to protect cultural legacy

Museums need help to protect cultural legacy JAKARTA (JP): Fine art is becoming more popular in Indonesia, but this new found appreciation is not all positive.When at least six paintings were allegedly stolen from the National Museum recently, the thieves took advantage of the dilapidated condition...

Chess meet lures top players

Chess meet lures top players JAKARTA (JP): Indonesia's three grandmasters -- Utut Adianto, Edhi Handoko and Ardiansyah -- and defending champion international master Ruben Gunawan are to take part in the Rp 25 million (US$10,638) Intisari Cup chess tournament from Oct. 6 to Oct. 9 here.

PT Gobel diversifies to build three-star hotel

PT Gobel diversifies to build three-star hotel JAKARTA (JP): PT Gobel Development Corporation, a major electronics manufacturer, is entering the hotel business by constructing a three star-hotel on Jl. Saharjo in South Jakarta.

Gajah Surya to buy a 51.8% share of BDNI

Gajah Surya to buy a 51.8% share of BDNI JAKARTA (JP): The independent shareholders of PT Gajah Surya Multi Finance, of the Gajah Tunggal Group, approved yesterday the company's plan to acquire a 51.8 percent share of PT Bank Dagang Nasional Indonesia (BDNI), together with four other proposals.

Rukindo admits leakage

Rukindo admits leakage JAKARTA (JP): The president of state-owned dredging company PT Rukindo, Baharudin Wahab, said yesterday that his company has experienced some "financial leakage.""Deviation and financial leakage did occur in our companies, but we shouldn't necessarily relate them to...

Indonesian horse riders lack basic skills: Expert

Indonesian horse riders lack basic skills: Expert JAKARTA (JP): Indonesian horse riders are among the best in Southeast Asia, but surprisingly they lack basic skills, an international equestrian expert said yesterday.

Refund by Aria Tours

Refund by Aria ToursFrom KompasMy friends and I joined a Jakarta-Beijing-Hong Kong package tour on June 30 organized by PT Arya Nusa Permai (Aria Tours), Jl. Latumeten 37, West Jakarta. The Jakarta-Beijing program took place, but the Beijing-Hongkong part was canceled due to a change in Garuda's...

'Ship ban harms Australia'

'Ship ban harms Australia' CANBERRA (Reuter): Australian Transport Minister John Sharp said yesterday union bans against Indonesian ships would harm Australia's trading interests and threaten jobs."The Maritime Union of Australia has again embarked on a course which is harming our trading...

'Clear conscience inspired Frans Seda'

'Clear conscience inspired Frans Seda' JAKARTA (JP): A clear conscience consistently underlined the thoughts and actions of senior economist Frans Seda, one of the architects of the New Order, says book editor Frans M. Parera.

Minister confirms art theft

Minister confirms art theft JAKARTA (JP): The government confirmed yesterday the theft of a number of valuable Indonesian paintings from the National Museum, including two masterpieces withdrawn Friday by international auction house Christie's from its October sale in Singapore.

TV today

TV todayTVRI 2:30 a.m. Travel: My Country 2:35 TV Series: Kid 's Song 3:05 Children Program: Pahlawan Cilik 3:30 TV Series: Beyond Tomorrow 4:05 Science and Technology 4:30 TV Drama: Sebuah Piala 5:00 Regional News 5:25 Travel: My Country 5:30 English Lesson 6:00 News: Lintas Berita 6:05 Travel:...

Sukarno's daughters make peace with army officer

Sukarno's daughters make peace with army officer JAKARTA (JP): A lawsuit for libel which was filed by two of former president Sukarno's daughters against Armed Forces' Chief of Sociopolitical Affairs Lt. Gen. Syarwan Hamid was settled by mediation in court yesterday.

Where does National Games money go?

Where does National Games money go?From KompasFor more than six months I have been burdened with having to pay an extra Rp 500 for a National Games sticker when I go to pay my PLN electricity bill every month at the BRI bank branch in Cibubur.

Idea on Jabotabek needs clear planning: Ginandjar

Idea on Jabotabek needs clear planning: Ginandjar JAKARTA (JP): State Minister of National Development Planning Ginandjar Kartasasmita says the idea to unite Jakarta, Bogor, Tangerang and Bekasi (Jabotabek) into one province under one governor of ministerial level reflects the complicated...

Medication too pricey for 50% of TB sufferers

Medication too pricey for 50% of TB sufferers JAKARTA (JP): About 50 percent of the 500,000 Indonesians taking medication for their tuberculosis (TB) stop half-way through the course of treatment because they are too poor to continue it, a health activist said yesterday.

German musicians to perform here

German musicians to perform here JAKARTA (JP): Two German musicians are to hold a concert and masterclass here as part of their tour to four cities.Pianist Stephan Kiefer from the Musikhochschule Hannover and Jens Peter Maintz, a cellist from Hamburg, will perform at the Erasmus Huis Dutch cultural...