Indonesian Political, Business & Finance News

Archive: 23 January 1997

50 articles found

TV today

TV todayTVRI 2:30 a.m Travel: My Country 2:35 TV Series: Family Matters 3:05 Performance: Gelar Tari 3:30 Tour and Travel 4:05 Science Film: Here Come the Star 4:30 Education Program: Dunia Mahasiswa 4:55 Filler and Trailer 5:00 Regional News 5:25 News: My Country 5:30 Arabic Lessons 6:00 News:...

Minimum wage to be raised by 10%

Minimum wage to be raised by 10% JAKARTA (JP): The government announced yesterday it is to increase the minimum wage level in all 27 provinces by an average of 10.07 percent from Apr. 1.Minister of Manpower Abdul Latief said the increase would bring the average minimum wage across the country...

RI democracy should start from the top

RI democracy should start from the top JAKARTA (JP): Democratization would only succeed in Indonesia when the government loosens its 30-year-old grip on power, a political observer said yesterday.Indria Samego, a researcher of the Center for Information and Development Studies (Cides), told a...

Fellowship for govt official

Fellowship for govt official JAKARTA: The Hamilton Shirley Amerangsinghe Fellowship on the Law of the Sea will be awarded this year to Dody Kusumonegoro of the Indonesian Ministry of Foreign Affairs.Kusumonegoro said he intended to use the research opportunity provided by the Fellowship to assist...

S. Kalimantan imports rice

S. Kalimantan imports rice JAKARTA (JP): The South Kalimantan office of the National Logistics Agency has imported rice and sugar from Thailand and Vietnam to meet rising demand during the Ramadhan fasting month and for the Idul Fitri holidays next month, an official said yesterday.

Graha Cijantung prospective

Graha Cijantung prospective JAKARTA (JP): Thirty-six units of a shopping center being built in Cijantung, East Jakarta have been sold.A technical advisor of First Pacific Davies Julian Rayner, yesterday said that two days after the open tender for the spaces his office had been busy with callers.

New twist in Udin murder case

New twist in Udin murder case YOGYAKARTA (JP): A judge supposed to try police officers for losing the blood sample of murdered journalist Fuad Muhammad Syafruddin unexpectedly resigned from the panel of judges yesterday.

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.

RI to host ICSW conference

RI to host ICSW conference JAKARTA: Jakarta will host the Asia-Pacific International Council on Social Welfare (ICSW) conference, scheduled for Sept. 2 to Sept 6.About 400 participants from 24 countries including Vietnam, Japan, Lebanon, Jordan and Myanmar are expected to attend the conference,...

Fishy deregulation

Fishy deregulation We would like to proclaim proudly that our country, with more than 17,000 islands covering 1.9 million square meters of land, is the largest archipelagic nation-state in the world.Our maritime sector, covering three million square meters of territorial waters and another three...

East Asian growth on the decline?

East Asian growth on the decline?By Jusuf Wanandi JAKARTA (JP): A lot of questions have been raised both from within and without the region as to whether East Asia is reaching the end of its dynamic growth.

Integrate clean air campaign with car policy: Walhi

Integrate clean air campaign with car policy: Walhi JAKARTA (JP): Cheap cars should be part of the drive to reduce air pollution, an environmental group said yesterday.Arimbi Heroepoetri, the deputy director of the non-government organization Walhi (the Indonesian Environment Forum), said this...

KL brokerage buys stake in Bank Niaga

KL brokerage buys stake in Bank Niaga KUALA LUMPUR (AFP): Malaysia's top brokerage Rashid Hussain Bhd (RHB) yesterday said it was buying a 20 percent stake in Indonesia's Bank Niaga and raising its stake to 63 percent in local brokerage Straits Asset Holdings Sdn Bhd.

Bakrie still undecided over Freeport's stake

Bakrie still undecided over Freeport's stake JAKARTA (JP): The chairman of the Bakrie Group, Aburizal Bakrie, has again denied publicly listed PT Bakrie Brothers will sell its stake in PT Indocopper Investama, a 9.36 percent stake holder at PT Freeport Indonesia.

79 firms support partnership program

79 firms support partnership program JAKARTA (JP): Seventy-nine more conglomerates have declared support for the government-sponsored program to develop partnerships with small and medium businesses, Minister of Cooperatives and Small Enterprises Subiakto Tjakrawerdaya said yesterday.

JSX index at highest level in six years

JSX index at highest level in six years JAKARTA (JP): Share prices at the Jakarta Stock Exchange (JSX) continued gaining ground yesterday, with most share prices rising in active trading.The JSX Composite Index gained 0.8 percent to close at 686.12, its highest level in six years, from 680.

Legislators must study foreign futures trading

Legislators must study foreign futures trading JAKARTA (JP): The government and members of the House of Representatives should study the operations of futures exchanges overseas before establishing a futures commodity exchange here, the head of the Indonesian Business Data Center said yesterday.

New recreation park to be opened soon

New recreation park to be opened soonBy Devi M. Asmarani JAKARTA (JP): A new recreation center which combines entertainment, leisure, and retailing is set to transform one of the city's modest public parks into a highly commercial venue.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 22, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,000 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,150 -25 369,500 Alumindo Light Metal 1,350 0 1,857,500...

Police nab robbery suspects

Police nab robbery suspects JAKARTA (JP): East Jakarta police have arrested two suspects of last year's fatal robbery on the Jagorawi toll road. They were arrested in their hideouts in the town of Jember.Jember Police Precinct Chief Lt. Col.

Monthly Minimum Wages By Region

Monthly Minimum Wages By Region (in rupiah) =========================================== No. PROVINCE PRESENT APRIL 1 =========================================== 1. Aceh 115,500 128.000 2. North Sumatra 138,000 151,000 3. West Sumatra 108,000 119,000 4. Riau 138,000 151,500 Batam 220,500 235,000 5.

20-millionth baby born next month

20-millionth baby born next month JAKARTA (JP): Indonesia, the fourth most populated country in the world, will have its 200-millionth citizen on Feb. 4 this year, and President Soeharto is willing to name the baby, according to State Minister of Population Haryono Suyono.

Suspected smuggler not S. African

Suspected smuggler not S. African JAKARTA (JP): A man arrested for smuggling 320 grams of morphine on Jan. 8 is not a South African citizen as reported, the South African embassy said.The embassy said on Tuesday that after checking passport details and the suspect's fingerprints, the embassy...

United's profit up 27%

United's profit up 27% JAKARTA (JP): Heavy equipment supplier PT United Tractor reported an estimated net profit of Rp 74.6 billion (US$31.6 million) last year, up 27 percent from Rp 58.5 billion in 1995.Frans Santoso, a director at United Tractors, said here Tuesday that the company projected a 23.

Perumka targets more profits

Perumka targets more profits JAKARTA (JP): State-owned railway company Perumka expects to book a net profit of Rp 21.9 billion (US$9.4 million) this year, an increase of 23.03 percent on profits of Rp 17.8 billion last year.

'PDAM free to cooperate with private companies'

'PDAM free to cooperate with private companies' JAKARTA (JP): City Council Speaker MH Ritonga said the council's approval was not needed for cooperation between the city-owned water company PDAM Jaya and private firms.

Mt. Merapi calm but still on max alert

Mt. Merapi calm but still on max alert MAGELANG, Central Java (JP): Mount Merapi calmed down yesterday, but a high level alert was maintained for people living within a six kilometer radius of the volcano.

Yogie defends 'nepotism' in House candidature

Yogie defends 'nepotism' in House candidature JAKARTA (JP): Minister of Home Affairs Moch. Yogie S.M. defended yesterday the reportedly "nepotistic" recruitment of legislature candidates for the May 29 general election.

Ecolabeling on trial in 14 forest concessions

Ecolabeling on trial in 14 forest concessions JAKARTA (JP): The Indonesian Ecolabeling Agency has run ecolabeling trials on tropical wood from 14 forest concessions, the agency's chairman Emil Salim said yesterday.

Swimsuits not 'bikinis'

Swimsuits not 'bikinis'From KompasThe management of Permata Puri Sport Center (PPSC) in Cibubur would like to thank Mrs. Aida Taridala for her interest and visit to PPSC on Sunday, Dec. 22, 1996, and at the same time we would like to convey our regrets about the incident.

Mixed reactions greets minimum wage decision

Mixed reactions greets minimum wage decision JAKARTA (JP): Union leaders said yesterday the government's planned 10 percent increase in the minimum wage level was not sufficient, while the chairman of the Chamber of Commerce and Industry urged all members to comply.

National men's basketball squad waiting for 3 athletes to show up

National men's basketball squad waiting for 3 athletes to show up JAKARTA (JP): The national men's basketball team is still waiting for three more members to confirm their participation in the tryouts for the SEA Games team.

Baby born in Mahathir's office

Baby born in Mahathir's office KUALA LUMPUR (Reuter): Malaysian Prime Minister Mahathir Mohamad's special police escort cleared clogged Kuala Lumpur roads yesterday to take a baby girl born in the Prime Minister's office to hospital.

President Cup to be held in Bogor in July

President Cup to be held in Bogor in July JAKARTA (JP): Bogor has been selected as the site for the President Cup boxing championship scheduled from July 20 to July 26.Didiet Sudijoto, secretary-general of the Indonesian Boxing Association (Pertina), said Tuesday that the town in West Java was...

Ramadhan time for Jakarta

Ramadhan time for JakartaWednesdayMaghrib 6:19 p.m.ThursdayImsak 4:22 a.m.Subuh 4:32 a.m.

22 die in RP fighting

22 die in RP fighting ZAMBOANGA, Philippines (Reuter): Philippine troops backed by helicopter gunships killed at least 20 Moro rebels in fierce fighting on southern Mindanao island, the military said yesterday.

1.3m overseas airline tickets sold last year

1.3m overseas airline tickets sold last year JAKARTA (JP): Domestic sales of international air tickets issued by overseas airlines rose 15 percent to 1.3 million in 1996.Djuarsa Joedadibrata, a senior executive of the International Air Transport Association (IATA) in Indonesia, said yesterday that...

What about 'Lebaran' transportation?

What about 'Lebaran' transportation?From NeracaDomestic bus passengers always face a dilemma prior to Lebaran. The problem is usually insufficient transportation to carry commuters to their respective hometowns. Another problem is irrationally increased bus fares.

Three die in Semarang floods

Three die in Semarang floods SEMARANG: Three people went missing when another flash flood hit Semarang Tuesday, inundating some 8,000 houses, causing several buildings to collapse, and forcing an estimated 1,000 people to flee to higher ground.

Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Aryaduta, Jl. Prapatan 44-48, Central Jakarta: - Ambiente Italian Restaurant: Los Morenitos Vocal Group, Monday, Thursday, Sunday, 7:15 p.m. to 11 p.m.; Los Paraguas Vocal Group, Tuesday, Wednesday, Friday, Saturday, 7:15 p.m. to 411 p.m.

Manila orders intensified manhunt

Manila orders intensified manhunt MANILA (UPI): President Fidel Ramos has ordered the Philippine Armed Forces to step up its hunt for suspected Muslim bandits who are holding five oil engineers hostage in the southern Philippines.The employees of the Philippine National Oil Co.

PDFCI issues rights shares to raise capital

PDFCI issues rights shares to raise capital JAKARTA (JP): The shareholders of publicly listed Bank PDFCI approved yesterday the management's proposal to raise paid-up capital by issuing 93.7 million rights shares.

Industrial estate corridors

Industrial estate corridors JAKARTA (JP): Greater Jakarta's industrial estates will be concentrated in the city's eastern and western corridors in 2005, a senior official said yesterday.Rachmadi B.S., the Ministry of Public Works director general of housing, planning and urban development said...

Closing Ancol is a foolish idea, say Politicians

Closing Ancol is a foolish idea, say Politicians JAKARTA (JP): Politicians, responding to a Golkar member's suggestion, said yesterday that closing the Ancol Dreamland Park would not help solve the growing drug problem.

Mobisel offers new product to improve its services

Mobisel offers new product to improve its services JAKARTA (JP): PT Mobile Selular Indonesia (Mobisel), a private cellular telecommunications provider, introduced here yesterday its new Nordic mobile telephone (NMT-450i) system which will operate nationwide.

Observers want NGOs, ulemas involved in alert centers

Observers want NGOs, ulemas involved in alert centers SEMARANG (JP): Religious leaders, academics and non- governmental organizations (NGOs) should be involved in the activities of the proposed "alert command centers", observers said yesterday.

Inoue makes tires in Vietnam

Inoue makes tires in Vietnam HANOI (AFP): A Singaporean company has won a licence to set up a US$32 million plant to produce motorbike tires in Vietnam with Thai and local partners, a company official said yesterday.Singapore's Asian Inoue Rubber Pte. Ltd.

British worker trapped in gas pipe

British worker trapped in gas pipe SAMARINDA, East Kalimantan: Local authorities here are continuing to search for the British national believed to be trapped in a gas pipe off Bontang island.Graham Robertson Henry Weil, 36, who works for PT Mac Dermot Indonesia, went missing Monday.Lt. Col.

Clinton, RI opposed on E. Timor

Clinton, RI opposed on E. Timor JAKARTA (JP): United States President Bill Clinton may prove to be another obstacle blocking Indonesia's plan to shunt the issue of East Timor off the United Nations' agenda, says a senior researcher.

Millions of bamboos planted in Jember

Millions of bamboos planted in Jember SURABAYA, East Java: Thirty-six million bamboos have recently been planted on 98-hectares in Sumber Jambe village in Jember in order to keep up with local demand for it.