Indonesian Political, Business & Finance News

Archive: 20 October 1997

58 articles found

Prospects for WTO services deal perk up

Prospects for WTO services deal perk up GENEVA (AFP): Prospects for clinching a December deal liberalizing global financial services have improved, trade officials said Thursday amid a flurry of better bids expected from countries including Malaysia and Indonesia.

Thai swimmers win count, but Indonesian make waves

Thai swimmers win count, but Indonesian make wavesBy Slyvia Gratia Miranda JAKARTA (JP): Thailand came first in the medal standings, but Indonesia's total of 11 golds was lengths ahead of its disappointing performance at the previous Games.

19th SEA Games close in spectacular fashion

19th SEA Games close in spectacular fashion JAKARTA (JP): A marvelous fireworks display capped off a festive closing ceremony to the 19th SEA Games yesterday, as athletes renewed the spirit of sportsmanship in a week marred by judging controversies and crowd problems.

Chopper to help relief operations in Jayawijaya

Chopper to help relief operations in Jayawijaya JAKARTA (JP): An Armed Forces' Bell 412 arrived in Irian Jaya over the weekend to help distribute relief supplies to the famine-stricken Jayawijaya regency.

Foreigners leave no room for RI architects

Foreigners leave no room for RI architects JAKARTA (JP): Foreign architects have dominated the design of buildings in the capital, leaving little scope for locals, an executive of the Indonesian Architecture Scholars' Association said.

The good, the bad and the ugly

The good, the bad and the ugly JAKARTA (JP): As the competition wound down, The Jakarta Post canvassed opinion across the city to find out what people thought of the region's 19th biennial sporting festival.

Monas gas station opposed

Monas gas station opposed JAKARTA (JP): Head of the National Monument (Monas) Office, Ekki Husein Kantili, said over the weekend that he has opposed from the start the idea of building a gas station in the Monas park area, Central Jakarta."I personally objected to the idea.

Sticky situation

Sticky situation JAKARTA (JP): Enggartiasto Lukita, one of the busiest Games consortium members, has been a target of the media for months.There was no let-up during yesterday's closing ceremony, as he was barraged by questions about the controversial Games stickers .

The horror of cult

The horror of cult Last Thursday this nation heard a terrible thing. Something that appeared three decades ago in its political lexicon, only to be soon forgotten.When Minister of Religious Affairs Tarmizi Taher told the press that President Soeharto did not want to be made into a cult figure, he...

National repentance

National repentanceFrom MerdekaAs a religious nation, we should accept each inducement to bring us nearer to God. For Moslems there is no other attitude than "we hear and we obey".It feels strange if some prominent Moslem figures respond to such an inducement in a cynical way.

Families bury 5 workers killed in Pongkor mine

Families bury 5 workers killed in Pongkor mine BOGOR (JP): The bodies of five workers from state-owned PT Aneka Tambang's gold mining unit at Pongkor, who were killed when a mine shaft caved in on Saturday, were retrieved yesterday morning.

RI to pick up 5,000 workers in S. Arabia

RI to pick up 5,000 workers in S. Arabia JAKARTA (JP): Indonesia will send Air Force planes to pick up about 5,000 illegal workers stranded in Saudi Arabia, Antara reported Saturday.Air Force Chief of Staff Marshall Sutria Tubagus said Friday the Air Force had readied five C-130 Hercules planes to...

Hyatt Yogyakarta opens

Hyatt Yogyakarta opens JAKARTA (JP): Minister of Tourism, Post and Telecommunications Joop Ave officially opened the Hyatt Regency Hotel in Yogyakarta over the weekend.The five-star hotel is owned by PT Antilope Madju, under the management of Hyatt International, Antara reported.

RP braces for strongest typhoon

RP braces for strongest typhoon MANILA (AFP): The northern Philippines battened down against Typhoon Ivan, the strongest typhoon in the country in two years, with the military going on standby just hours before the storm was due to make landfall.

Export forum to open soon

Export forum to open soon JAKARTA (JP): The National Agency for Export Development will hold a forum from Oct. 22 to Oct. 24 at the Jakarta Trade Mart Fair venue.The seventh annual forum will discuss the prospect of international trade and new export opportunities in foreign countries.

Local share prices to remain volatile

Local share prices to remain volatile JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) are expected to remain volatile this week as investors wait for details of the financial aid package from the International Monetary Fund (IMF).

115 killed in traffic accidents

115 killed in traffic accidents PEKALONGAN, Central Java: At least 115 people have been killed in traffic accidents this year along the 160 kilometer-long northern coastal roads between Brebes and Batang regencies, a local police officer has said.

TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Cartoon Film: Lucan 3:10 TV Drama: Pelopor 3:35 Religious Teachings: Buddha 4:00 Regional News 4:30 Creative Program: Karya Tepat Guna 5:00 Indonesian Lessons 5:25 Variety Show 5:30 Technology Program: Sebaiknya Anda Tahu 6:00 News:...

Stunned spikers eat to the beat

Stunned spikers eat to the beat JAKARTA (JP): Not all athletes go back to the drawing board or slump into a depression after suffering defeat.The Thai men's volleyball team, which lost to Indonesia Saturday night, was spotted a couple of hours later at a well- known Jakarta restaurant hangout.

IMF predicted to set tough conditions for Indonesia

IMF predicted to set tough conditions for Indonesia HONG KONG (Reuters): Indonesia must brace itself to accept tough conditions for aid as talks go on with the International Monetary Fund (IMF) in Jakarta, analysts said.

Kinship the key to some success

Kinship the key to some success JAKARTA (JP): The 19th SEA Games will hold sweet memories for siblings who made full use of their close kinship to win medals, especially those who performed in tandem.Indonesia's cycling queen Nurhayati did not stand alone on her road to a perfect clean sweep of...

Thailand and Malaysia get most of track and field golds

Thailand and Malaysia get most of track and field goldsBy Meidyatama Suryodiningrat JAKARTA (JP): Athletics may not have been the most watched sport in the SEA Games but track and field athletes were some of the most impressive, breaking 18 Games records.

Singapore faces insurance problems after oil spill

Singapore faces insurance problems after oil spill LONDON (Reuters): Singapore, scene of one of the worst oil spills to hit southeast Asia, is not a member of the International Oil Pollution Compensation (IOPC) agreement and will only be eligible for a limited payout under a separate pact if the...

Games marks awakening of RI tennis squad

Games marks awakening of RI tennis squadBy Primastuti Handayani JAKARTA (JP): The 19th SEA Games signaled the awakening of Indonesian tennis, as its young squad members displayed maturity beyond their years to claim five of seven golds.

Toddler 's achievement honored

Toddler 's achievement honored JAKARTA (JP): How does a lunar eclipse occur? Who invented the Molotov cocktail? Missiles? How did Princess Diana die? Name some of the current prominent presidents and heads of state in the world.

Gymnasts tumble over biased scoring

Gymnasts tumble over biased scoringBy Ivy Susanti JAKARTA (JP): The spotlight shone on the judges, not the athletes, in gymnastics, as allegations of biased scoring were a daily occurrence in the Games.

Hanoi builds sugar mill

Hanoi builds sugar mill HANOI (AFP): Singapore's Kecepe Limited has won a license to build a US$30 million sugar plant in a central Vietnamese province, a report said Saturday.The plant to be built in Thua Thien Hue will produce refined sugar and derivatives from sugar, the Lao Dong newspaper said.

Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting and Ceramics Exhibition: Manusia dan Alam Pikirannya, works of Firman, Tisna Sanjaya, Agus Suwage and Suyatna, at the Lontar Gallery. Jl. Utan Kayu 68 H East Jakarta, Monday to Saturday, 10 a.m. to 5 p.m., until Oct. 28.

RI to host IOTF

RI to host IOTF JAKARTA (JP): Indonesia will host the third Indian Ocean Tourism Fair (IOTF) here from April 18 to April 20 next year.The annual event consists of a trade show and consumer travel fair.The Indian Ocean Tourism Organization, a regional tourism marketing body, will organize the event.

Moody's may cut SE Asian FRCDs

Moody's may cut SE Asian FRCDs NEW YORK (Reuters): Moody's Investors Service placed on review for possible downgrade Floating Rate Certificates of Deposit (FRCDs) issued by 15 banks in China, Indonesia, the Philippines and Thailand.

Elephants, tigers run amok

Elephants, tigers run amok PEKANBARU, Riau: Eleven elephants and three tigers ran amok in a rubber plantation in Langgam subdistrict, Riau province, killing one plantation worker.The victim, identified as Lahit, 27, was attacked by a tiger as the elephants trampled the plantation, Langgam...

East Kalimantan eases status on forest fires

East Kalimantan eases status on forest fires JAKARTA (JP): East Kalimantan, the site of extensive forest fires in recent months, lowered its alarm status from "alert one" to "caution" over the weekend.The status change was due to the decreasing number of hot spots, or fire locations, and rain in...

Pare Pare hit by second quake

Pare Pare hit by second quake PARE PARE, South Sulawesi: Another earthquake has hit the province, which is still recovering from a quake that killed 18 people last month, seismologists said Saturday.The Meteorological and Geophysics Agency said the latest quake, measuring 5 on the open-ended...

El Nino worsens man-made calamity in SE Asian region

El Nino worsens man-made calamity in SE Asian region The Jakarta Post Asia correspondent Harvey Stockwin takes a look at the far flung climatic and environment changes that may result from the 1997-1998 El Nino weather effect.

WB blames weak system for currency crisis

WB blames weak system for currency crisis DHAKA (Reuters): World Bank President James Wolfensohn has blamed weaknesses in Southeast Asian financial and banking systems for the currency crisis hitting much of the region.

Illegal logging at Thai dam site

Illegal logging at Thai dam site BANGKOK (DPA): Illegal logging is widespread in a national park, 600 kilometers north of Bangkok, where the construction of a new controversial dam is under consideration, the English- language Bangkok Post reported yesterday.

Finals Results and Medals Tally (1)

Finals Results and Medals Tally (1)Archery (four golds)Team (2 events):Men: 1. Philippines 2. Indonesia 3. ThailandWomen: 1. Philippines 2. Myanmar 3. ThailandIndividual (2 events):Men: 1. Syafrudin Mawi (Ina) 109 2. Wahyu Hidayat (Ina) 101 3. Cubilla Christian (Phi) 101Women: 1.

Boxers become the nation's greatest pride

Boxers become the nation's greatest prideBy Johannes K. Simbolon JAKARTA (JP): Indonesia's boxing team started the SEA Games weakly to disappoint the public, but ended the competition by becoming the pride of the country.

Nabunome, Ruwiyati win marathon golds

Nabunome, Ruwiyati win marathon golds JAKARTA (JP): The last day of competition mirrored the previous seven. Indonesia dominated but slipped up occasionally, taking five of the nine golds on offer in running, cycling, karate and shooting.

Two dead babies found

Two dead babies found JAKARTA (JP): Two dead newborns were found dumped at separate places here over the weekend.A trashman found one infant among trash in a garbage container on Jl. Palmeriam in Matraman, East Jakarta, about 7:30 a.m. yesterday.

Dutch tourist found dead

Dutch tourist found dead MATARAM, West Nusa Tenggara: A 52-year-old Dutch tourist, identified as J.C. Pols, was found dead last Wednesday in a tent at Pelawangan, Mt. Rinjani, Lombok Island, police said.West Lombok Police spokesman Lt. Col.

Nike workers earn enough, research findings say

Nike workers earn enough, research findings say PORTLAND, Oregon (AP): Preliminary research findings from Dartmouth College show that workers at Nike factories in Indonesia and Vietnam earn enough to meet their basic needs with money left over for discretionary spending or savings.

Indonesia ranks second in shooting

Indonesia ranks second in shootingBy Stevie Emilia JAKARTA (JP): Vietnam took the final two shooting golds yesterday, putting paid to the host's bid to regain the top spot in the event's medal standings.Thailand had edged ahead of Indonesia in the medal standings on Thursday.

Batik exhibition to be held

Batik exhibition to be held JAKARTA (JP): A wide array of batik fashion and interior design paraphernalia, which was selected from a recent design competition here, will be on display at the Ministry of Education and Culture's Art Center on Jl. Merdeka Timur in Central Jakarta on Oct. 27.

Check again on mass support: Soeharto

Check again on mass support: Soeharto JAKARTA (JP): President Soeharto urged the ruling Golkar to ensure that the people really support his renomination for the 1998/2003 presidency because he did not want to be seen as hampering leadership succession.

SEA Games still important to Thailand

SEA Games still important to Thailand JAKARTA (JP): Despite its ambition to finish fifth in the 1998 Asian Games in Bangkok, Thailand still sees the SEA Games as the most important sports event."The SEA Games are still important because it emphasizes on the friendship among Southeast Asian...

Hard pressed for accuracy

Hard pressed for accuracy JAKARTA (JP): Complaints hounded organizers of the Main Press Center until the end.Reporters griped about inaccurate results and wrong information on the venues and schedules.Several reporters went to the East Jakarta Sports Hall on Saturday to cover the sepak takraw...

South Korea poised to qualify for W. Cup

South Korea poised to qualify for W. Cup TASHKENT (Reuters): South Korea was poised to qualify for the World Cup finals on Saturday after thrashing Uzbekistan 5-1 in an Asian Group B qualifier while nearest rival United Arab Emirates lost 3-0.

National IDs to be applied in city

National IDs to be applied in city JAKARTA (JP): The city administration will apply a national identity card system next year with the aim of standardizing all ID cards throughout the country, Deputy Governor of Administrative Affairs Abdul Kahfi said over the weekend.

Alternative trade: Aiming at fair share of Balinese crafts

Alternative trade: Aiming at fair share of Balinese craftsBy Anna Lucas DENPASAR (JP): Made Muluh used to be a rice farmer. He learned to carve wooden statues from his father, who was also a rice farmer whose skills were called on from time to time to make wooden icons for shrines and temples in...

ASEAN seeks more market access to Japan

ASEAN seeks more market access to JapanBy Riyadi KUALA LUMPUR (JP): Economic ministers of the nine-member Association of Southeast Asian Nations (ASEAN) demanded more access Saturday to Japan's markets to help tackle slumping exports.

UNSC reform goes through take-and-give process

UNSC reform goes through take-and-give processBy Hasan Kleib JAKARTA (JP): One of the most hotly debated issues in the current session of the United Nations General Assembly (UNGA) is the Security Council reform.

Official claims to be arson victim

Official claims to be arson victim MEDAN, North Sumatra: Achyar Simin, an official at Langkat regency administration, has claimed the fire that burned his house and killed his wife and daughter had been deliberately set by "unscrupulous people".

Overlapping in Jakarta bay supervision vexes councilor

Overlapping in Jakarta bay supervision vexes councilor JAKARTA (JP): A city councilor expressed concern over the approval by the Ministry of Transportation of its management of a private company's reclamation project in Jakarta Bay without any consultation with the city administration.

UN Council needs urgent reform

UN Council needs urgent reformBy Imron Cotan JAKARTA (JP): The United Nations General Assembly is undergoing its 52nd session in New York and as has been previously predicted, the reform of some of its institutions, especially that of the Security Council, is indeed high on the agenda.

Philippine forces hunt for guerrillas

Philippine forces hunt for guerrillas ZAMBOANGA CITY, Philippines (DPA): Government forces occupied yesterday a camp of the most violent Moslem rebel group on the southern Philippine island of Basilan in an intensified manhunt for the guerrillas who killed seven hostages.Brig. Gen.

Oil slick stays away from S'pore

Oil slick stays away from S'pore SINGAPORE (AP): Favorable winds and a growing team of pollution fighters protected the main island of Singapore yesterday from a massive offshore oil slick.Most of the seven million gallons of fuel that spilled into the Singapore Strait after two ships collided...

Animals at Taman Safari

Animals at Taman SafariFrom KompasTaman Safari Indonesia -- located in Cisarua in the Puncak area, West Java, and constructed with the objective of conserving fauna and flora, especially of rare species -- should pay serious attention to aspects that support the park's continued existence.