Indonesian Political, Business & Finance News

Archive: 28 September 1996

54 articles found

Multiparty system not realistic for RI, Soeharto says

Multiparty system not realistic for RI, Soeharto says JAKARTA (JP): The demand for a multiparty political system is unrealistic and will unravel all the hard work that has gone into building the present system, President Soeharto said yesterday.

East jakarta mayoralty closes Megawati's HQ

East jakarta mayoralty closes Megawati's HQ JAKARTA (JP): The East Jakarta Mayoralty closed down yesterday a two-story house in Condet, East Jakarta, which was being used by Megawati Soekarnoputri as headquarters for her Indonesian Democratic Party (PDI) executive board.

A matter of integrity

A matter of integrity Although the case may not have been quite as intriguing as the submission of the list of candidates for the upcoming national legislation, the theft of two paintings by prominent Indonesian masters at Jakarta's National Museum was widely reported in the press and attracted...

Minister says bureaucracy major hurdle for exports

Minister says bureaucracy major hurdle for exportsBy Riyadi MEXICO CITY (JP): Minister of Industry and Trade Tunky Ariwibowo vowed to continue reducing domestic hurdles of exports to maintain the competitiveness of Indonesia's goods on the global market.

Sentul to host V8 touring-car races

Sentul to host V8 touring-car racesBy Russell Williamson INDONESIA moved one step closer to hosting a round of 5000cc V8 touring-car racing following the takeover of the management of the Australian series by the International Management Group (IMG).

Volvo Asia office opened in S'pore

Volvo Asia office opened in S'pore SINGAPORE: In response to a growing vehicle market in the Southeast Asian region, Volvo has established a new division based in Singapore, Volvo Car Asia.Although the Swedish carmaker has had an office in Singapore for some time, it was previously under the...

Initiative needed to train our teachers properly

Initiative needed to train our teachers properlyBy Mochtar Buchori JAKARTA (JP): Specialized teachers in music, the visual arts and physical education at the elementary school level are hard to find in Indonesia.

Australia's Orbital strengthened by Indonesia deal

Australia's Orbital strengthened by Indonesia deal SYDNEY (Reuter): Orbital Engine Corp Ltd said yesterday the planned supply of its combustion process engine to power the planned Indonesian national car was "a pot of gold" and the largest deal in the company's history.

Surjadi seeks more ideas on solving brawls

Surjadi seeks more ideas on solving brawls JAKARTA (JP): In the wake of student brawls in which four students died this month, Governor Surjadi Soedirdja appealed again to the public to seek ways together to overcome brawls.

Poor coordination mars subregion's growth: Official

Poor coordination mars subregion's growth: OfficialBy Benget Simbolon Tnb. MANADO, North Sulawesi (JP): Poor coordination among the four countries developing the East ASEAN Growth Area (EAGA) has hampered the implementation of the subregion's trade, investment and tourist cooperation programs, a...

Lippo Group's restructuring plan approved

Lippo Group's restructuring plan approved JAKARTA (JP): The Lippo Group announced yesterday that the independent shareholders of both PT Lippo Securities and PT Lippo Life had approved its plan to radically restructure the two finance companies.The group's chief executive, Roy E.

The common good

The common good Your report on Paying for solitude reminds me of similar events that have been occurring in Jakarta, because of traffic arrangements and some folks clever enough to eye a windfall from somebody else's inconvenience.

'Kontan' hits the market

'Kontan' hits the market JAKARTA (JP): Publisher PT Grahanusa Mediatama, an arm of the Kompas-Gramedia group, launched yesterday the first edition of a new business and economic weekly called Kontan.The first edition of the 32-page tabloid, sold at Rp 2,000 (86 U.S.

Renault Hyundai in Malaysian JV

Renault Hyundai in Malaysian JV KUALA LUMPUR: French carmaker Renault and South Korea's Hyundai Motor Co announced this month a joint venture for a vehicle plant in Malaysia.Hyundai and Renault will each hold a 15 percent stake in the venture, with the Malaysian government holding the remaining 70...

Indonesian businesses urged to invest in Mexico

Indonesian businesses urged to invest in Mexico MEXICO CITY (JP): Indonesian businesses are being encouraged to invest in Mexico as a means of penetrating markets in North and South America."I think investment here has good prospects because the goods produced here can enter the North American Free...

Daimler-Benz expands

Daimler-Benz expands SINGAPORE: Daimler-Benz in Germany plans to invest nearly US$3.4 billion over the next three to five years to expand operations in Asia.According to Associated Press, sales of cars and trucks in the region presently account for 10 percent of the German-industrial giant's total...

Mercedes-Benz taps export potential

Mercedes-Benz taps export potentialBy Russell Williamson MERCEDES-BENZ local manufacturing arm, PT German Motor Manufacturing (GMM), expects to more than double exports from its commercial vehicle division within the next three years.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Sep. 27, 1996 Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 1,100 0 0 AHAP Insurance 2,675 0 0 Alumindo Perkasa 675 0 0 Andayani Megah 1,050 0 192,000 Aneka Kimia...

New container terminal to operate soon

New container terminal to operate soon JAKARTA (JP): PT Humpuss Terminal Peti Kemas, an arm of the Humpuss Group, is scheduled to start operating a new container terminal at North Jakarta's Tanjung Priok port in December.

'Haphazard system causes corruption'

'Haphazard system causes corruption' SEMARANG (JP): The closed political system is the root of the widespread corruption and collusion in Indonesia, observers said yesterday.Sociologist Loekman Soetrisno and cultural observer Umar Kayam agreed that the problem is worsened by the House of...

Asia-Pacific agrees on trade insurance strategy

Asia-Pacific agrees on trade insurance strategy TOKYO (AFP): A group of Asia-Pacific countries agreed yesterday to cooperate in expanding government support for trade insurance in the region, officials of Japan's international trade and industry ministry said.

Campaign focuses on city's rubbish

Campaign focuses on city's rubbish JAKARTA (JP): Director of UNESCO Jakarta, Stephen Hill, has called on the people to properly handle garbage in the capital so as not to spoil the Jakarta Bay and the Seribu Islands.

Australian universities

Australian universities It has been brought to my attention that on Sept. 21, 1996, in the "Your Letters" column, you ran a letter from Kompas which indicated fraudulent behavior on the part of an individual claiming to be a representative of Australian schools and universities.

Four prisoners escape in Lampung

Four prisoners escape in Lampung BANDAR LAMPUNG, Lampung: Four prisoners escaped from the Rajabasa prison early Thursday, a press report stated yesterday.Prison officials said the convicts escaped after they broke through the ceiling and clambered over the prison's walls using strips of their...

Philippine Airlines responds

Philippine Airlines responds We are greatly concerned about the alleged incident on Philippine Airlines flight PR 535 from Manila to Jakarta last Aug. 18 as narrated in a letter of complaint by Mr. Ramsey R. Omar from Bogor, West Java (Sept. 9, 1996 : Hit by wine bottle).In the letter, Mr.

Thadius Yogi blamed for deaths

Thadius Yogi blamed for deaths JAYAPURA, Irian Jaya: The military says separatist rebel leader Thadius Yogi is responsible for the murders of four people that his group took hostage.The rebels under Yogi's command have been involved in two kidnappings this year, said Maj. Gen.

Indians questioned over work permits

Indians questioned over work permits JAKARTA (JP): The Directorate General of Immigration has questioned eight employees of PT Tripar Multivision Plus (PT TMP), who are all Indian nationals, for allegedly violating immigration procedures.

Search for other seven paintings continues

Search for other seven paintings continues JAKARTA (JP): Although five of the 12 Indonesian paintings allegedly stolen from the National Museum have been flown home, the government is still tracing the fate of the other seven paintings.

Citra Lamtorogung to build $390m toll road in China

Citra Lamtorogung to build $390m toll road in China JAKARTA (JP): The Citra Lamtorogung Persada Group has signed a memorandum of understanding with China's state-owned Zhanjiyang Expressway Co. (ZEC) to build a US$390 million toll road in China.

IPU to investigate human rights abuses

IPU to investigate human rights abuses JAKARTA (JP): Secretary-general of the Inter-Parliamentary Union (IPU) Pierre Cornillon is in town to gather information on alleged violations of Indonesian legislators' basic rights.

Activists welcome proposal to include AIDS in curriculum

Activists welcome proposal to include AIDS in curriculum JAKARTA (JP): Two prominent activists came out yesterday in full support of the government's plan to include AIDS in the school curricula as part of its all-out combat against the lethal condition.

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,...

Officials get no pay for 6 years

Officials get no pay for 6 years BANJARNEGARA, Central Java: At least 40 officials from three village administrations have gone on strike indefinitely because they have not received their salaries for six years.

'Palace' watch sellers jailed

'Palace' watch sellers jailed JAKARTA (JP): Four men were jailed yesterday for selling watches and clocks carrying inscriptions of the Burung Garuda (eagle) coat of arms and the Istana Presiden RI (Presidential Palace)."You are marring the image of the Presidential Palace," Judge L.L.

Singer becomes Golkar candidate

Singer becomes Golkar candidateFrom Suara KaryaQuite recently, papers in the capital were filled with the news about Rhoma Irama, a famous local singer, who was cited as one of the candidates listed by ruling Golkar political group in its bid for seats in the House of Representatives.

More British Airways flights

More British Airways flights JAKARTA (JP): British Airways, a leading international airline, will increase its Jakarta-London service, via Kuala Lumpur, from four times to five times per week starting on Sunday.

Record breakers await bonuses

Record breakers await bonuses JAKARTA (JP): At the request of East Java Governor Basofi Sudirman, the 14th National Games organizing committee will hand out the cash bonuses provided by local businesses for all athletes that broke records during the sporting event.

PPP chairman refuses to budge on candidate list

PPP chairman refuses to budge on candidate list JAKARTA (JP): The United Development Party (PPP) leadership defended its candidate list for next year's general election in the face of criticism from within its ranks.

Vendors need guidance

Vendors need guidanceFrom MerdekaSmall traders often become the victims of raids held by officials of the Jakarta Municipality. They are often chased away for disorderly behavior, and blamed for defiling the city's beauty. Often their merchandise is confiscated and they have to pay to get it back.

ADB okays $45m loan for RI health program

ADB okays $45m loan for RI health program MANILA (Reuter): The Asian Development Bank said yesterday its board had approved a US$45 million loan to partly finance a health and nutrition program in Indonesia.

Residents complain to legislators

Residents complain to legislators JAKARTA (JP): Former residents of the Kembangan Utara subdistrict in West Jakarta voiced their desperation yesterday at the House of Representatives for what they perceive to be an irresponsible act of demolition.

The Prambanan Ramayana enjoys a revival

The Prambanan Ramayana enjoys a revivalBy Amir Sidharta JAKARTA (JP): In 1961, the first Ramayana Ballet, organized by the Roro Djonggrang Foundation, was performed on the open stage in front of Candi Prambanan in Central Java.The brainchild of G.P.H.

Proton chief says RI car program may be too late

Proton chief says RI car program may be too lateBy Mitchell Mackey INDONESIA's national car policy may be 10 years too late, according to Rashid Rahim, the chief executive officer of Malaysia's flagship carmaker, Proton.

Synchronized swimming may be in Games

Synchronized swimming may be in Games JAKARTA (JP): Indonesia's bid to include synchronized swimming as a medal event in the upcoming 19th Southeast Asian (SEA) Games here next year received a major boost yesterday as the International Swimming Body (FINA) chief Mustapha Larfaoui revealed his...

Organda ready to help 'bemo' vechicle owners

Organda ready to help 'bemo' vechicle owners JAKARTA (JP): The organization of public transportation owners is urging bemo (three-wheel vehicles) owners to use the organization to settle their disputes and address their concerns.

Colossal musical for ABRI's birthday

Colossal musical for ABRI's birthday BANDUNG (JP): "Music is life, movement is life, the player is life, even the earth beneath you, this beret is life...."The words flowed from Lt. Gen. Tarub, chief of the Armed Forces General Affairs, who turned poet during a visit to the Siliwangi Command sports...

Nippondenso helps supply Timor

Nippondenso helps supply Timor TOKYO: Japanese component manufacturer, Nippondenso, plans to help South Korean parts maker, Poong-sung Electric Co, supply components for Indonesia's Timor car.Poong-sung is an affiliate of Kia Motor Corp and plans to build a plant in Indonesia to manufacture starter...

More int'l flights to Lombok

More int'l flights to Lombok JAKARTA (JP): A Darwin-based Australian airline, National Jet System (NJS), will start flying to Lombok, West Nusa Tenggara, on Oct. 5 by operating BAE 146 aircraft.Lombok will be a stopover on the Singapore-Christmas Island- Jakarta-Lombok-Darwin route served by NJS...

Nasution defends outspoken fellow former generals

Nasution defends outspoken fellow former generals JAKARTA (JP): Gen. (ret.) Abdul Haris Nasution, one of Indonesia's oldest living senior military figures, defended his fellow retired generals who take a critical stand on the government.

TV today

TV todayTVRI 2:35 TV Series: Gaiking 3:05 Sports 4:05 TV Series: Out of The Blue 4:30 Science Film: Earth Revealed 4:55 Filler / Trailer 5:00 News: Siaran Berita TVRI 5:30 Nationality: Perjalanan Nasional 6:05 Music 6:15 Village Program 6:30 Education: Package 27 7:00 Evening News 7:30 TV Drama:...

Toyota starts Vietnam production

Toyota starts Vietnam production HANOI: Toyota Motor Vietnam will begin production of passenger and commercial vehicles from October. At start-up, Toyota will produce 360 cars per year but after one year, will lift output to 5,000 vehicles per year.

Marketing of water-based fuel planned

Marketing of water-based fuel planned SINGAPORE (Reuter): Plans are underway to market a breakthrough, water-based fuel for cars in Asia following its introduction in the western United States.The fuel is made of 30 percent water, 67.5 percent naphtha and 2.

Astra shares trade heavily at takeover rumors

Astra shares trade heavily at takeover rumors JAKARTA (JP): PT Astra International shares dominated trade on the Jakarta Stock Exchange (JSX) yesterday following rumors of a take-over bid by politically well-connected groups.Some 35.

Servicing is the key to reliability

Servicing is the key to reliabilityBy Barry Lake FOR family transport, Indonesia has long relied on commercial- based vehicles such as Toyota-Astra's Kijang and the Isuzu Panther.While these vehicles are certainly reliable, they tend to use fairly simple mechanics, which have enabled many people to...