Indonesian Political, Business & Finance News

Archive: 14 October 1997

66 articles found

Birthday Carol

Birthday Carol JAKARTA (JP): The following athletes taking part in SEA Games mark their birthday today. Irene Truitje Joseph (track and field, Indonesia 1981); Rosalia Fortunata Kahol (track and field, Indonesia 1976); Stela Wilhelmina Suruan (soccer, Indonesia 1972); Peter Taslim (judo, Indonesia...

Presidential tenure

Presidential tenure Article 7 of our 1945 Constitution says: "President and Vice President hold the office for a five-year term, (they) can be reelected afterwards".I believe our founding fathers knew very well why they wrote this article in such a way.

Bowlers avoid filthy privies

Bowlers avoid filthy privies JAKARTA (JP): The designers of Mega Mal Pluit clearly did not want people spending much time in the toilets, or that's what people attending the tenpin bowling competition at the site think.

New city officials must undergo military training

New city officials must undergo military training JAKARTA (JP): New city administration officials will undergo strict mental and physical military-style training to strengthen their character, an official said yesterday.

Protesters give regent thumbs down

Protesters give regent thumbs down TANGERANG (JP): About 150 people went to the local council here in three trucks yesterday to urge the central government not to reelect regent Saifullah AR.One of the protest leaders, Jamaluddin, said the group demanded that the Tangerang councilors propose...

Indonesia sails to a clean sweep in canoeing, kayaking

Indonesia sails to a clean sweep in canoeing, kayakingBy Dwiatmanta JAKARTA (JP): Indonesia confirmed predictions by raking in the remaining golds in canoeing and kayaking yesterday, setting the stage for another gold rush in traditional boat races and rowing.

Clean govt, anti-corruption drive paramount: Amien

Clean govt, anti-corruption drive paramount: Amien Moslem scholars Amien Rais and Abdurrahman Wahid, respectively chairman of Muhammadiyah and Nahdlatul Ulama Moslem organizations, are known to be outspoken social and political commentators.

Ill winds poleax tennis officials

Ill winds poleax tennis officials The 45-kilometer-per-hour wind howling around the Senayan tennis complex yesterday not only caused chaos on the court.It also blew over the administrators' tent and one of the 12 poles struck two people on the head, causing blood to spurt everywhere.

RI marches on as records fall

RI marches on as records fall JAKARTA (JP): It was a reversal of fortunes for Indonesia and Thailand in the swimming pool yesterday in the 19th Southeast Asian Games, on an action-packed day which saw a new world record in weight lifting.

Trickery used in Rp 3.9b designer watch robbery

Trickery used in Rp 3.9b designer watch robbery JAKARTA (JP): Central Jakarta Court yesterday indicted a man, who with the help of five accomplices, used trickery to steal 51 designer watches worth Rp 3.9 billion (US$1.1 million) from a shop in Ratu Plaza shopping center on April 3, 1995.

Index rates Jakarta as top province

Index rates Jakarta as top province JAKARTA (JP): Jakarta, Yogyakarta and North Sulawesi are regarded the best three provinces out of Indonesia's 27, according to the human development index (HDI), while Irian Jaya, West Nusa Tenggara and East Timor are the worst.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Graphic Art Exhibition: by Marida Nasution, at the Galeri Cipta II, Taman Ismail Marzuki Arts Center, Jl. Cikini Raya 73, Central Jakarta, at 10 a.m. to 8 p.m., until Oct. 16. * Painting Exhibition: Van Der Sterren from New Zealand, at Galeri Linggar, Jl.

Medal's tally as at 22.10 last night

Medal's tally as at 22.10 last night Gold Silver Bronze--------------------------------Indonesia 41 20 25Thailand 16 18 21Philippines 8 13 20Vietnam 8 9 8Malaysia 7 10 11Singapore 6 3 10Myanmar 1 13 5Laos 0 0 3Cambodia 0 0 1Brunei 0 0 1--------------------------------Total 87 86 105 One event in...

City to enact new bylaw to prevent water crisis

City to enact new bylaw to prevent water crisis JAKARTA (JP): The city administration will soon enact a new bylaw on waste water shafts to help protect Jakarta from another water crisis, an official said yesterday.

Two Games records broken on opening day of track and field

Two Games records broken on opening day of track and fieldBy Emmy Fitri and Meidyatama Suryodiningrat JAKARTA (JP): The 19th SEA Games track and field got off to superb start yesterday with an Indonesian and a Malaysian each breaking long-standing meet records.

Number of hot spots increases again: Agency

Number of hot spots increases again: Agency JAKARTA (JP): More hot spots, or fire locations, have been detected yesterday in Sumatra, Kalimantan, Sulawesi and Java to 62 yesterday from 40 in the previous day.

Bintang opens new plant

Bintang opens new plant JAKARTA (JP): Beer producer PT Multi Bintang Indonesia opened a new brewery plant yesterday in Sampangagung, Mojokerto, East Java.Company president Herman Hofhuis said the new 34-hectare plant cost about Rp 150 billion (US$44.11 million).

Brazil to improve business ties with RI

Brazil to improve business ties with RI JAKARTA (JP): Brazil expects to increase economic ties with Indonesia in line with the country's strategy to boost economic cooperation with Asian countries, the country's ambassador to Indonesia Jadiel Ferreira De Oliveira said yesterday.

The specter of food shortages

The specter of food shortages It seems that serious attention needs to be paid to the problems of food shortages and reduced purchasing power.According to a report from this newspaper's local correspondent at least 4,000 inhabitants of Papanrejo, in the Kotabumi district of Northern Lampung, are...

Tourism, trade, investment fair to be held in Balikpapan

Tourism, trade, investment fair to be held in Balikpapan BALIKPAPAN, East Kalimantan (JP): Salespeople from Indonesia's 10 provinces, as well as from Brunei, Malaysia and the Philippines, will participate in the first regional Tourism, Trade and Investment Fair which will be held here from Oct.

Spider poison baffles scientists

Spider poison baffles scientists KUPANG, East Nusa Tenggara: Scientists at the National Institute of Sciences in Jakarta are trying to identify a poison from a spider that is suspected of killing at least three cows in eastern Indonesia, Antara reported yesterday.

IMF talks, BI intervention prevent rupiah fall

IMF talks, BI intervention prevent rupiah fall JAKARTA (JP): The rupiah dropped to 3,625 against the U.S. dollar at midday on the downgrading of Indonesia's foreign and local currency rating, but then recovered in the afternoon, currency dealers said yesterday.

Malaysian wins first bowling gold medal

Malaysian wins first bowling gold medalBy I. Christianto JAKARTA (JP): Malaysian bowler Ricky Chen made a perfect Games debut yesterday by winning the first bowling gold in the men's single tenpin bowling.

Braving strong currents for a drop of water in East Flores

Braving strong currents for a drop of water in East FloresBy Azis Tokan EAST FLORES (Antara): Although a natural phenomenon, the dry season always arrives with some menace every year at a number of areas in East Nusa Tenggara, such as the Ile Ape sub-district in East Flores.

Two naval ships to take food to Irian

Two naval ships to take food to Irian JAKARTA: Two Indonesian naval ships have been prepared to deliver food and medicine to Irian Jaya areas hit by food shortages as a result of the drought, Antara reported yesterday.

Indonesia upsets Thailand for tennis gold medal

Indonesia upsets Thailand for tennis gold medalBy Primastuti Handayani JAKARTA (JP): A gritty performance by Liza Andriyani clinched Indonesia's surprise win over top seeded Thailand in the women's tennis team event yesterday.

New rates for tax payment

New rates for tax payment JAKARTA (JP): The government issued yesterday a new official conversion rates as the basis for the payment of import duty, value-added tax on goods and services, sales tax on luxury goods, export and income taxes.The Ministry of Finance decree No. 511/KMK.

Smooth transfer of leadership needed: Gus Dur

Smooth transfer of leadership needed: Gus Dur JAKARTA (JP): Moslem scholar Abdurrahman Wahid, better known as Gus Dur, is an astute social and political observer, whose views very often shape public opinion.

Rupiah crisis

Rupiah crisisFrom RepublikaThe value of the rupiah has, of late, continued to fall. The last two months witnessed the slipping of the rupiah's value against the U.S. dollar from the early July exchange rate of Rp 2,450/US$1 to Rp 3,700 and even close to Rp 4,000 per dollar.

Saboteurs cut RP telephones

Saboteurs cut RP telephones MANILA (AP): Saboteurs have damaged telephone equipment in two areas of metropolitan Manila, cutting off phone service to a hospital, businesses and a police headquarters, officials said yesterday.An official of the Philippine Long Distance Telephone Co.

Thailand walks off with men's team title

Thailand walks off with men's team titleBy Ivy Susanti JAKARTA (JP): Thailand's strength in depth enabled it to retain its supremacy of the men's gymnastics yesterday when it walked of with the men's team event.Its convincing 206 points easily beat Indonesia's aggregate score of 194.

Supriati Sutono runs the distance for gold

Supriati Sutono runs the distance for gold JAKARTA (JP): "My heart started to pound when she passed me, but I kept calm and remained firm," Supriati Sutono said in recounting the final lap of the 5,000 meters yesterday.

25 years to repair environment

25 years to repair environment PALANGKA RAYA, C. Kalimantan: It will take 25 years for the environment here to recover from the forest fires, a local environmental official said here Saturday.Britasi Saloh was quoted by Antara as saying that the damage to the environment was unmeasurable because of...

VDHS in acquisition talks

VDHS in acquisition talks SINGAPORE (Reuter): Engineering and infrastructure services firm Van der Horst said yesterday it was in talks to buy stakes in companies with interests in telecommunications in Indonesia and in civil engineering and construction in Asia.

Hariyanto, Susi placed second on IBF list

Hariyanto, Susi placed second on IBF list JAKARTA (JP): Indonesia's Hariyanto Arbi has slipped to second place after holding onto the number one position for some time in the International Badminton Federation's rankings.

Nationalism wins over beauty

Nationalism wins over beauty Teenage nationalism eventually triumphed over beauty at the Senayan swimming pool stadium Sunday, but it was a close run thing.The vast majority of young girls' eyes were fixed on the strapping Malaysian hunk Azlan Wan Abdullah, until he trashed Indonesia's hopes in the...

Black box can clarify mystery

Black box can clarify mysteryFrom Media IndonesiaA series of disasters have taken place in Indonesia recently, particularly in the air transportation sector involving Garuda, Merpati and other airlines.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Oct. 13, 1997: ---------------------------------------------------------- Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 1,000 50 2,000 AHAP Insurance 2,500 0 0 Alter...

Matahari revises profit

Matahari revises profit JAKARTA (JP): PT Matahari Putra Prima said yesterday that it had lowered its net profit target this year to Rp 52 billion (US$15.29 million) from Rp 92 billion due to the currency turmoil.

SE Asian woes more serious

SE Asian woes more serious HONG KONG (AFP): Southeast Asia's economic problems are far more troubling for the rest of the world than the Mexican peso crisis of 1994-95, a leading U.S. academic said in a paper released here yesterday.

House to encourage its members to initiate laws

House to encourage its members to initiate laws JAKARTA (JP): The new House of Representatives (DPR) will be expected to play a more active role in making legislation, House Speaker Harmoko said yesterday.

Regional rubber looks for direction

Regional rubber looks for direction SINGAPORE (Reuter): Southeast Asia's rubber market is likely to be looking for direction this week, although the trade will keep a wary eye on the region's shaky financial markets, traders said yesterday.

Police officers demoted, dismissed

Police officers demoted, dismissed PALEMBANG, South Sumatra: Four officers at the provincial police office have been demoted for various violations, while another was dismissed, Antara reported.The punishment was meted out in a ceremony conducted by Police Chief Brig. Gen.

Thai strongwomen sets world record

Thai strongwomen sets world recordBy Christiani S.A. Tumelap JAKARTA (JP): The first senior world record fell in the weight lifting hall yesterday as Thailand's Khassaraporn Suta lifted 125.0 kgs in the clean and jerk of the women's 59 kg category. Three SEA Games records were also broken.

Debutant breaks down after striking gold

Debutant breaks down after striking goldBy Budiman Moerdijat JAKARTA (JP): An Indonesian banking student making her SEA Games debut and with no medal ambitions broke down and sobbed uncontollably when she won her gold-medal match in the taekwondo finweight division yesterday.

Suriname's leader arrives for talks

Suriname's leader arrives for talks JAKARTA (JP): Suriname's President Jules Albert Wijdenbosch and his entourage will arrive here this morning for a four-day state visit to strengthen bilateral talks between the two countries.

Fruitfest promotes local fare

Fruitfest promotes local fare CILEUNGSI, Bogor (JP): PT Mekar Unggul Sari, which manages a 264-hectare orchard in Cileungsi, will launch today a week-long fruitfest at the park.A fruit market, a seminar on environment regreening, an auction of potted fruit trees and a panel discussion -- titled The...

Results

ResultsAthleticsMen:3,000m steeplechase 1. Hector Begeo (Phi) 9:08.28 2. Baraira Aries Yose (Ina) 9:16.12 3. Suthichit Jirasak (Tha ) 9:22.15Javelin: 1. Fredericus Mahuse (Ina) 71.62m 2. Imran Muhamad Yazid (Mas) 71.38m 3. Boonjanari Thirdsa (Tha) 67.16mHigh jump: 1. Loo Kum Zee (Mas) 2.10m 2.

Thai government to unveil economic recovery package

Thai government to unveil economic recovery package BANGKOK (AFP): Thai Finance Minister Thanong Bidaya said yesterday economic ministers approved tough new regulations to force a restructuring of the ailing finance sector as part of a long-awaited economic recovery package.

East Asia summit opens with currency worries

East Asia summit opens with currency worries HONG KONG (AFP): Political and business leaders gathered here yesterday to start the East Asia Economic Summit, with the region's currency worries and China's promises to speed reforms taking center stage.

Farmer's plantations untouched

Farmer's plantations untouched In reference to the article in your paper (Timber estates threaten forests by Stephanus Djuweng, Oct. 10), PT Finnantara Intiga wishes to clarify its plans in West Kalimantan.

Inflation predicted over 7 percent

Inflation predicted over 7 percent JAKARTA (JP): The country's inflation rate will increase to more than 7.4 percent this year from 6.47 percent last year despite the currency turmoil and drought, chief of the Central Bureau of Statistics, Soegito, predicted yesterday.

Indonesia makes a splash in swimming

Indonesia makes a splash in swimmingBy Sylvia Gratia Miranda and I. Christianto JAKARTA (JP): Coming off a lackluster Sunday, Indonesia exceeded its wildest expectations in the pool by taking four of the six golds available yesterday.Richard Sam Bera won the 100 meters men's freestyle in 51.

6,000 go on strike in Tangerang

6,000 go on strike in Tangerang TANGERANG (JP): More than 6,000 shoemakers at a Cibadak factory, in the Cikupa district, here went on strike yesterday to protest their employer's flippant approach to firing staff.The strikers, who began a sit-in at the factory's compound about 8 a.m.

Painting contest for blind artists

Painting contest for blind artists JAKARTA (JP): A painting contest for blind artists will be held at the Lippo Supermal Karawaci in Tangerang, about 30 kilometers west of here, on Oct. 30, organizer Sukyatno Nugroho said yesterday.

RI smashes its way past Malaysia in badminton

RI smashes its way past Malaysia in badmintonBy Bruce Emond JAKARTA (JP): Indonesia's mighty female shuttlers made quick work of Malaysia yesterday to book their expected final place.The host team will face Thailand, a 3-2 winner over Singapore, in the final today.

Sutiyoso ordered to fix traffic jams

Sutiyoso ordered to fix traffic jams JAKARTA (JP): President Soeharto ordered the newly installed Jakarta Governor Maj. Gen. Sutiyoso yesterday to eradicate slum areas and reduce traffic congestion in the city.

No excessive jingoism

No excessive jingoism The 19th Southeast Asian Games have begun, and hopefully they will lead to even better friendships and understanding among the nations of this region.The opening ceremonies went off quite well. However, I am quite appalled at the constant emphasis on Indonesia having to be No.

SE Asian currencies brace for busy week

SE Asian currencies brace for busy week SINGAPORE (Reuter): The Indonesian rupiah regained its poise yesterday as the market quickly absorbed news of a ratings downgrade by Standard & Poor's Corp (S&P), while other Southeast Asian currencies braced for an event-filled week.

Liza puts school before turning professional

Liza puts school before turning professional JAKARTA (JP): Liza Andriyani never dreamed of being a national heroine when she walked on to tennis court yesterday against Tamarine Tanusagarn, the world's 37 ranked player.

SE Asia must 'rely less on rich states'

SE Asia must 'rely less on rich states' KUALA LUMPUR (Reuters): Southeast Asia should rely less on rich countries or "charity" bailouts by financial institutions and instead raise funds at home, Malaysian Prime Minister Mahathir Mohamad said yesterday.

Fans leave Robbi uneasy

Fans leave Robbi uneasy Coping with the pressure of competing in the SEA Games is child's play for some athletes compared to handling the demands of the army of adoring fans.Indonesian male volleyballer Robbi Mekala is a case in point.

All RI's boxer edge to semifinals

All RI's boxer edge to semifinalsBy Johannes K. Simbolon JAKARTA (JP): Victories yesterday by light flyweight boxer Lapaene Massara and featherweight fighter Wilpare Jamhur ensured all of Indonesia's boxers made it through to the semifinals.

Soeharto wants investors to help local capital market

Soeharto wants investors to help local capital market JAKARTA (JP): President Soeharto told local institutional investors yesterday, especially pension funds and state firms, to help revitalize the local stock market that had been badly affected by the monetary crisis.

Four die in train accident

Four die in train accident PEMALANG, C. Java: Four men hitching a ride on a cargo train headed for Semarang from Jakarta were crushed to death Sunday afternoon when the train derailed near Comal railway station, Antara reported.

Water shortages hit Condet green area

Water shortages hit Condet green area JAKARTA (JP): For the first time in nearly 30 years, Jakarta's green conservation area in Condet, East Jakarta, is experiencing a water crisis.An official said yesterday that the crisis has been affecting most of the area's subdistricts since August.