Indonesian Political, Business & Finance News

Archive: 31 January 1997

53 articles found

Pakpahan's lawyers want judge out

Pakpahan's lawyers want judge out JAKARTA (JP): The defense lawyers of labor leader Muchtar Pakpahan demanded the replacement of presiding Judge Djazuli P. Sudibyo for alleged legal violations.In a letter to the office of the supervising judge at the Jakarta High Court, the lawyers listed...

Albanians cautious of Serbian crisis

Albanians cautious of Serbian crisisBy Jovan Kovacic PRISTINA, Yugoslavia (Reuter): Ethnic Albanians, restive under Serbian rule in the province of Kosovo, are steering clear of Serbia's democratic opposition movement to avoid a new backlash against their aspirations to autonomy.

Ramadhan time for Jakarta

Ramadhan time for JakartaFridayMaghrib 6:20 p.m.SaturdayImsak 4:25 a.m.Subuh 4:35 a.m.

Elections body receives beefs about candidates

Elections body receives beefs about candidates JAKARTA (JP): The General Elections Institute has received a number of complaints about candidates of the three political groupings contesting the May general election.

Davis Cup team expected to win

Davis Cup team expected to win JAKARTA (JP): The Indonesian Tennis Association's chairman Sarwono Kusumaatmadja expects the country's Davis Cup team to win its Asia Oceania Group I match against the Philippines next month."The team's mission is to win.

Moslem figures' rift draws concern

Moslem figures' rift draws concern SEMARANG (JP): The heightening tension between controversial scholar Abdurrahman Wahid and his fellow Moslem activists drew concern yesterday.Human rights campaigner Muladi and political observers Rafiq Anwar and Priyatmoko suggested the warring parties settle...

Vietnamese minister visits Laos

Vietnamese minister visits Laos HANOI (DPA): Vietnamese Defense Minister Gen. Doan Khue is currently on a five-day "official friendship" visit to neighboring Laos, as part of a stepped-up number of military exchanges involving the military, the official Vietnam News reported yesterday.

More hospitals, firms support clean rivers

More hospitals, firms support clean rivers JAKARTA (JP): Seven hospitals and ten private companies signed agreements with the city administration yesterday to support the clean river program in their business areas.

Minister defends recent increase in fertilizer prices

Minister defends recent increase in fertilizer prices JAKARTA (JP): Minister of Agriculture Sjarifudin Baharsjah yesterday defended an increase in fertilizer prices, arguing the rise would not cut farmers' incomes.

Merpati to operate eight more aircraft

Merpati to operate eight more aircraft JAKARTA (JP): Merpati Nusantara Airlines, a subsidiary of state-owned Garuda Indonesia Airlines, will soon operate eight more jet aircraft, according to the airline's president.

Badminton body upset by poor performances

Badminton body upset by poor performances JAKARTA (JP): The Badminton Association of Indonesia is disappointed by the performances of its women's singles players in the three Grand Prix tournaments this month.

SKW buys Master Builders

SKW buys Master Builders JAKARTA (JP): Sandoz Ltd. announced yesterday it had completed the sales of Master Builders Technologies (MBT), its construction chemical division, to SKW Trostberg AG for 1.3 billion Swiss francs (US$1.28 billion).

Democracy only comes after prosperity, says expert

Democracy only comes after prosperity, says expert JAKARTA (JP): Democracy will work well only in a prosperous nation, political expert Nazaruddin Syamsuddin said here yesterday.Nazaruddin, a professor at the Jakarta-based University of Indonesia's School of Social and Political Sciences, told a...

'Preshipment inspections should be an option'

'Preshipment inspections should be an option' JAKARTA (JP): Indonesian importers suggested yesterday that they be allowed to choose either preshipment inspections or post- entry audits, which will be introduced with the new customs law to take effect in April.

Waning trust of ruling elite fuels riot, observers say

Waning trust of ruling elite fuels riot, observers say UJUNGPANDANG (JP): The on-going episodes of mob violence are a sign of the waning trust in the ruling elite, political observers said here yesterday.

Baby girl finally finds her real mother

Baby girl finally finds her real mother JAKARTA (JP): A baby girl finally found her biological mother Wednesday after a five month wait.The girl, who was called Tita by nurses who cared for her, was abandoned by her parents at the city-owned Pasar Rebo hospital in East Jakarta because the hospital...

Consortium to compensate Petrobuild for building

Consortium to compensate Petrobuild for building JAKARTA (JP): The consortium planning to take over the disputed US$150 million Migas Center building project from PT Petrobuild Indonesia has agreed to compensate Petrobuild and include it in the consortium to speed up the delayed project.

World Bank to finance solar-powered homes

World Bank to finance solar-powered homes WASHINGTON (DPA): The World Bank said Wednesday it would provide US$44.3 million to help finance construction of solar powered homes in Indonesia, the first such project in the developing world.

West Java town rocked by riot

West Java town rocked by riot RENGASDENGKLOK, West Java (JP): Violence jolted this historical subdistrict yesterday when thousands of local youths and residents went on a burning and looting rampage.No fatalities were reported in the ethnic and sectarian riot caused by a minor conflict between a...

UN chief seeks quick solution on E. Timor

UN chief seeks quick solution on E. Timor GENEVA (Reuter): United Nations chief Kofi Annan said yesterday that Portugal and Indonesia were ready to revive UN- sponsored talks on East Timor and he hoped the two sides could reach agreement quickly on the troubled territory.

70 Years since Boven Digul

70 Years since Boven DigulFrom MerdekaNo different from the German Nazi concentration camps full of inhumane atrocities during World War II, was the Dutch concentration camp Boven Digul in Merauke regency, South Irian Jaya. TVRI commemorated the 70th anniversary of the concentration camp on Jan.

Breaks for project 'intelligent island'

Breaks for project 'intelligent island' SINGAPORE (AFP): Singapore offered yesterday tax and other incentives to foreign firms which take an early stake in an ambitious project to lay high-technology cables across the entire city-state and transform it into an "intelligent island.

Thai PM appears on hit list

Thai PM appears on hit list BANGKOK (Reuter): Thailand's Deputy Interior Minister Chalerm Yoobamrung yesterday said that Prime Minister Chavalit Yongchaiyudh and other senior government officials are on the hit list of some major drug traffickers.

Where to go in Bali:

Where to go in Bali:Music and Entertainment * Grand Hyatt Bali, Nusa Dua: Poolside - Pasar Senggol, daily, 6.30 p.m. Kecak Dance, Friday and Tuesday, Legong Dance, Saturday and Wednesday, 7 p.m. Arjuna Wiwaha Dance, Sunday, 7 p.m.

RI to begin Olympic drive in 1998: Hayono

RI to begin Olympic drive in 1998: Hayono JAKARTA (JP): State Minister of Youth Affairs and Sports Hayono Isman said yesterday that Indonesia would prepare a proposal to host the Asian Games in 2006 and the Olympic Games in 2008.

Airbase to secure Timor Gap

Airbase to secure Timor Gap KUPANG, East Nusa Tenggara: Navy Chief Admiral Arief Kushariadi said the planned naval airbase here would ensure the security of the joint offshore exploration project in the oil- rich Timor Gap.

Zarina Ecstasy trial opens to full courthouse

Zarina Ecstasy trial opens to full courthouse JAKARTA (JP): Budding TV actress Zarina appeared in the West Jakarta District Court amid tight security yesterday on charges of producing, possessing and distributing 29,677 Ecstasy pills.

Petron profits up 5.4%

Petron profits up 5.4% MANILA (AFP): Petron Corp. of the Philippines said yesterday net profits rose 5.4 percent from a year earlier to a record 4.238 billion pesos (US$161 million) in 1996.Revenues rose 19.7 percent to 53.

'Murder suspect still free'

'Murder suspect still free' JAKARTA (JP): A Councilor asked yesterday why the main suspect in the murder of a businessman in North Jakarta three years ago had not been tried.Sugiat Achmad of Commission A for Legal Affairs said Eng San was the main suspect in the murder of Nyo Beng Seng and should...

Placer Dome and Barrick capabilities to be probed

Placer Dome and Barrick capabilities to be probed JAKARTA (JP): The government has asked investment bank JP Morgan to help it choose which of two Canadian mining giants will develop the Busang gold mine in East Kalimantan.

Academy to take female cadets

Academy to take female cadets KENDARI, Southeast Sulawesi: Armed Forces Chief Gen. Feisal Tanjung said here Wednesday the Military Academy would start admitting female cadets in two years."However, female cadets at the Army Academy will not be trained to become commanders of combat units.

Indonesia collects seven Nomad planes

Indonesia collects seven Nomad planes KUPANG, East Nusa Tenggara (JP): Seven of the 20 Nomad planes ordered by the Indonesian Navy from Australia arrived at El Tari airport here yesterday.The planes were handed over in the northern Australian town of Darwin to an Indonesian delegation led by Navy...

Addressing mining critics

Addressing mining critics The recent heated debate about the manner in which the Indonesian government has licensed foreign companies to extract the country's mineral resources has apparently caused great concern for President Soeharto.

In memory of Sir Laurens -- A man of noble ideas

In memory of Sir Laurens -- A man of noble ideasBy Tamalia Alisjahbana JAKARTA (JP): Sir Laurens van der Post, writer, philosopher, spiritual adviser to Prince Charles and Margaret Thatcher and godfather to Prince William, is primarily known for his books on the Bushmen of Africa, as well as his...

On subway project

On subway project In his letter Subway project (Jan. 29), W. Pienandoro raises an interesting point.When, if ever, is the plan to build a subway from Blok M to Kota likely to materialize? I ask this question because, although I fully understand that its purpose is to alleviate the terrible...

Bomb hoax delays Cathay flight

Bomb hoax delays Cathay flight JAKARTA (JP): A Cathay Pacific flight to Hong Kong yesterday morning was delayed one hour after police received a phone call claiming a bomb was planted onboard.Rosa, a Cathay employee working at Soekarno-Hatta International Airport, told The Jakarta Post the airplane...

Where to go in Surabaya:

Where to go in Surabaya:Music and Entertainment * Elmi Hotel: Jl. Panglima Sudirman No. 42-44: - Qemi Club: Karaoke, daily, 8 p.m. to 10.30; Disco, daily, 12.30 a.m. to 3 a.m.; Puri R and Dankdut Group, Sunday, 10.30 p.m. to 12.30 a.m.; Master Band, Monday and Wednesday, 10:30 p.m. to 12:30 a.m.

Timor sends only 100 supervisors to Kia plant: Tunky

Timor sends only 100 supervisors to Kia plant: Tunky JAKARTA (JP): Industry and Trade Minister Tunky Ariwibowo said yesterday PT Timor Putra Nasional needed to send only 100 trainees to its South Korean joint venture partner, Kia Motors Corp.

Residents don't have toilets

Residents don't have toilets UJUNGPANDANG, South Sulawesi: The United Nations Children's Fund (Unicef) says 65 percent of residents in the province don't have toilets, hence the high prevalence of diarrhea.Antara quoted Unicef representative for Indonesia Stephen J.

People told to uphold security

People told to uphold security JAKARTA (JP): City Military Chief Maj. Gen. Sutiyoso has asked Central Jakarta residents to maintain security by being more alert to potential sources of provocation.Speaking during the tarawih prayer at the Al-Furqon mosque Wednesday Sutiyoso said anything which...

PT Telkomsel vows to get ISO-9000 certificate this year

PT Telkomsel vows to get ISO-9000 certificate this year JAKARTA (JP): Despite its failure to install 693 base transceiver stations, PT Telkomsel, one of the country's three Global System for Mobile Communications (GSM) cellular operators, wants to gain an ISO-9000 certificate this year.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Jan. 30, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 1,000 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 1,049,000 Alumindo Light Metal 1,350 -50 784,000...

Cheap house prices to law: Perumnas

Cheap house prices to law: Perumnas JAKARTA (JP): State-owned housing company Perumnas appealed to the government yesterday to raise the price of cheap houses.Perumnas chairman Srijono said the prices of cheap houses were being outstripped by rising production costs.

Pepsi's pullout creates more trouble for Myanmar

Pepsi's pullout creates more trouble for MyanmarBy Deborah Charles BANGKOK (Reuter): Pepsi's complete withdrawal from Myanmar could spark further pullouts by other multinationals doing business in the military-ruled country as companies bow to growing shareholder pressure, analysts said on...

Basic commodities idea needs further review

Basic commodities idea needs further reviewBy Christiani S.A. Tumelap JAKARTA (JP): The concept of nine basic commodities needs to be reviewed and adjusted to people's changing lifestyle, analysts said.

Multipolars to buy Matahari shares

Multipolars to buy Matahari shares JAKARTA (JP): An extraordinary meeting of shareholders of PT Multipolar Corporation approved yesterday the company's plan to forge an alliance with PT Matahari Putra Prima.

Bakrie agrees to sell shares to Nusamba

Bakrie agrees to sell shares to Nusamba JAKARTA (JP): PT Bakrie & Brothers has agreed to sell 49 percent or 10.5 million shares in PT Indocopper Investama Corporation (IIC), which owns 9.6 percent of PT Freeport Indonesia.

Reforestation needs 22 years

Reforestation needs 22 years MATARAM, West Nusa Tenggara: It will take the province 22 years to rehabilitate its critically damaged forests taking into account that at the start of the 6th Five-Year Development Plan (1994/99) 87,000 hectares or eight percent of its forests were critically damaged.

Leipzig Trade Fair

Leipzig Trade Fair JAKARTA (JP): The first international trade fair for used machinery and transfer of modernization and remanufacturing know- how will be held on March 19-21 in Leipzig, Germany.Ulrich Kromer, director of the Leipzig Trade Fair Corporation, said yesterday ReTec'97, which is a major...

TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Family Classic 3:05 Teenagers' Program: Remaja Indonesia 3:30 TV Series: Emergency Call 4:05 Comedy: Situasi 4:30 Student's Quiz: Cerdas Cermat 4:55 Filler 5:00 News: Siaran Berita TVRI 5:25 Travel: My Country 5:30 Educational Program: Dunia...

U.S. report rights abuses

U.S. report rights abuses WASHINGTON (Agencies): The United States yesterday issued its annual human rights report which strongly criticized conditions in many Asian countries including Indonesia.The State Department's 1996 annual report contained a review of human rights conditions in 194...

Govt revokes three forest concessions

Govt revokes three forest concessions JAKARTA (JP): Director General of Forest Utilization Titus Sarijanto said yesterday three forest concessions had been canceled last year, raising the total number of revoked or unextended concessions to 116.Titus said the three concessions were in Kalimantan.

Super normal growth in Asia ends: Report

Super normal growth in Asia ends: Report SINGAPORE (AFP): East and Southeast Asian economies will outperform the rest of the world in 1997 on the back of robust investments and exports, but their days of "super normal" growth are over, a report said Thursday.