Archive: 10 November 1997
42 articles found
Mon, 10 Nov 1997, 00:00 WIB
Aurora Gold to increase output
Aurora Gold to increase output JAKARTA (JP): Australia's mining company Aurora Gold Ltd plans to increase the output of its Mount Muro gold and silver mine in Central Kalimantan, the company said last week. Company administration manager Hidayat S. Soenarto said over the weekend the company would increase its mining output at Mount Muro next year by 50 percent to 180 tons of silver and 7.2 tons of gold.
Mon, 10 Nov 1997, 00:00 WIB
CalEnergy asks to go on with geothermal projects
CalEnergy asks to go on with geothermal projects JAKARTA (JP): The United States-based CalEnergy Company Inc. is optimistic that the government will allow it to continue its geothermal power projects in Patuha, West Java and Bedugul, Bali. The president and chief operating officer of CalEnergy Asia, Donald M.
Mon, 10 Nov 1997, 00:00 WIB
Economic disparity threatens unity: Scholar
Economic disparity threatens unity: Scholar UJUNGPANDANG, S. Sulawesi (JP): Scholar Taufik Abdullah has said that two of the greatest threats facing Indonesia are the economic gap and regional development differences. Without appropriate handling these problems could lead to disintegration, says Taufik, an historian and National Institute of Sciences senior researcher. People in the less developed eastern regions of Indonesia have started demanding serious attention, he said.
Mon, 10 Nov 1997, 00:00 WIB
Authorities get tough on recalcitrant vendors
Authorities get tough on recalcitrant vendors JAKARTA (JP): The authorities will no longer tolerate any stubbornness by vendors who refuse to move from their illegal sites on the streets and sidewalks of the overcrowded Tanah Abang area, a senior official said Saturday. "The city is already too patient in its handling of this matter," Central Jakarta Mayor Andi Subur Abdullah told reporters after a meeting with the 1,352 street vendors in the Blok F parking lot.
Mon, 10 Nov 1997, 00:00 WIB
Ex-Morgan analyst guilty
Ex-Morgan analyst guilty NEW YORK (Reuters): A former J.P. Morgan and Co. Inc. [JPM.N] analyst-trainee has pleaded guilty to trading on inside information about four companies that were subjects of takeovers, federal prosecutors said on Friday. The trainee, Roy Handojo, 25, an Indonesian citizen who was employed at J.P. Morgan's Financial Institution Group, faces a possible maximum sentence of 10 years in prison and a $1 million fine.
Mon, 10 Nov 1997, 00:00 WIB
Asian convention on human rights?
Asian convention on human rights? As an occasional reader of The Jakarta Post, I noticed an article on Sept. 17, 1997 entitled Rights declaration needs revision. The article states that the United Nations Universal Declaration of Human Rights from 1948 needs to be revised seen with Asian eyes, it being a Western creation not recognizing economic, social and cultural rights as human rights.
Mon, 10 Nov 1997, 00:00 WIB
Sutiyoso sets free 2,000 birds
Sutiyoso sets free 2,000 birds JAKARTA (JP): Governor Sutiyoso has set free some 2,000 birds, from 10 species, and planted the first of 350 fruit trees across Central Jakarta to improve the quality of the city's environment. "I hope this little effort can lead to the start of a jumbo step to make Jakarta healthier and a more environmentally friendly city," said the governor at a ceremony at the National Monument Friday evening.
Mon, 10 Nov 1997, 00:00 WIB
JakJazz closes on a high note
JakJazz closes on a high note JAKARTA (JP): The 1997 JakJazz festival closed on a high note last night with crowds flocking to the musical fiesta, which organizers admit had to be compromised to ensure its commercial success. The closing day of the three-day festival was a showcase of top local and foreign acts. The fact that some of them had nothing whatsoever to do with jazz did not seem to bother the audience. The day was kicked off with top local pop-rock band Dewa 19.
Mon, 10 Nov 1997, 00:00 WIB
Suryacipta Swadaya to secure $30m loan
Suryacipta Swadaya to secure $30m loan JAKARTA (JP): Industrial estate developer PT Suryacipta Swadaya, a subsidiary of PT Surya Semesta Internusa, is set to secure a US$30 million loan from the London-based Commonwealth Development Corporation (CDC). The company said over the weekend that the six-year loan would be signed here tomorrow. The loan will be used to finance the construction of the second phase of its industrial park in Karawang, West Java.
Mon, 10 Nov 1997, 00:00 WIB
Stop exaggerating Asia's troubles
Stop exaggerating Asia's troubles The economies of Southeast Asia are in varying degrees of trouble....As their economies grew so rapidly, many of their political institutions did not keep pace. The result has been corruption, a lack of transparency, inadequate supervision of banking and insufficient investment in education to train the next generation of workers and engineers.
Mon, 10 Nov 1997, 00:00 WIB
Asian crisis threatens 'tidal wave' of bailout demands
Asian crisis threatens 'tidal wave' of bailout demands WASHINGTON (AFP): Economic trouble in Asia could unleash a "tidal wave" of bailout demands which Washington should reject, a senior U.S. senator said Saturday as he urged officials to deny Indonesia a loan. A week after the U.S.
Mon, 10 Nov 1997, 00:00 WIB
Tanah Abang still teeming with hoodlums, prostitutes
Tanah Abang still teeming with hoodlums, prostitutes JAKARTA (JP): The 262-year-old Tanah Abang market is again in the spotlight because of its complicated problems of street vendors and hoodlums. The authorities, comprising officials from the city administration, police and military officers, have vowed umpteenth times to sort out the problems. Their words, so far, have led nowhere.
Mon, 10 Nov 1997, 00:00 WIB
A modern trend: The rise of new private networks
A modern trend: The rise of new private networks By Zatni Arbi PHUKET, Thailand (JP): Back in mid-1987, when I was taking some courses in management information systems and data communications, the concepts of local-area networks and wide-area networks were the topics du jour. Today, we take networks for granted but back then, they were a really big thing. That is not surprising because in those days, networks were still very difficult to set up and even more difficult to manage.
Mon, 10 Nov 1997, 00:00 WIB
JSX likely to see another downward slide this week
JSX likely to see another downward slide this week JAKARTA (JP): Stock prices on the Jakarta Stock Exchange (JSX) are expected to drop again this week following a nearly 7 percent decline last week. Securities analysts estimated that the gloomy outlook on regional markets, coupled with investors' concerns over court challenges by two liquidated banks whose owners are related to President Soeharto, would affect trading activities.
Mon, 10 Nov 1997, 00:00 WIB
Border market to be opened
Border market to be opened JAYAPURA, Irian Jaya: Indonesia and Papua New Guinea (PNG) have agreed to open a new market for citizens living in the countries' border area to replace the traditional "Sunday market" in Wutung village, PNG. Moses Poi, PNG's border liaison officer, was quoted by Antara as saying Friday that the decision to do away with the "Sunday market" -- which has evolved into a type of black market -- was taken during a border liaison meeting in Madang, PNG, earlier this month.
Mon, 10 Nov 1997, 00:00 WIB
Small businesses in residential areas
Small businesses in residential areas On Oct. 22, PT. Jaya Real Property Tbk notified small businesses in Bintaro's Sectors III and V (not the other sectors in Bintaro) that they had three days to get out. These notifications came in the form of hand-delivered letters (590/JRP/PP-HW/X/97). The reason given was that these small businesses were operating in residential areas. This notification came without any prior warning whatsoever.
Mon, 10 Nov 1997, 00:00 WIB
Final 1,810 RI workers homebound
Final 1,810 RI workers homebound JAKARTA (JP): Indonesia has airlifted almost 22,000 of its illegal workers from Saudi Arabia and is to complete the repatriation with the return of 1,810 people today. Minister of Manpower Abdul Latief, who arrived at Soekarno Hatta Airport from Jeddah yesterday on one of six flights for returning workers, said 21,969 had been brought home. The remaining workers are expected to arrive today on six flights.
Mon, 10 Nov 1997, 00:00 WIB
Honeymoon over for Asian banks as crisis bites
Honeymoon over for Asian banks as crisis bites HONG KONG (AFP): The regional market crisis and falling property prices spell the end of the honeymoon for Asian banks, which have been riding high on a decade of stunning economic growth, analysts said. Banks across the region are feeling the weight of tens of billions of dollars in non-performing loans as growth slows, and consequent credit ratings downgrades are sounding alarm bells around the world.
Mon, 10 Nov 1997, 00:00 WIB
Minister wants closed bank lawsuits dropped
Minister wants closed bank lawsuits dropped JAKARTA (JP): A cabinet minister asked the owners of Bank Andromeda and Bank Jakarta to withdraw their lawsuits against the government over the closure of the two banks in order to help the country's economic reform. Minister of Transmigration Siswono Yudohusodo, a former successful businessman, predicted Saturday that the rupiah would move up by 50 points against the U.S. dollar if the bank owners dropped their legal action.
Mon, 10 Nov 1997, 00:00 WIB
Nahdlatul Ulama backs Soeharto's renomination
Nahdlatul Ulama backs Soeharto's renomination JAKARTA (JP): Indonesia's largest Moslem organization Nahdlatul Ulama (NU) has said it is confident President Soeharto will lead the country through a smooth leadership transfer. Chairman Abdurrahman Wahid told Friday a regional conference of Nahdlatul Ulama in Kediri, East Java, that as a socio- religious organization, the NU did not concern itself with political matters such as the election of the president and vice president.
Mon, 10 Nov 1997, 00:00 WIB
SE Asian crisis hits gold buyers: Report
SE Asian crisis hits gold buyers: Report KUALA LUMPUR (AFP): Gold purchases in Southeast Asia have dropped more than 20 percent in some countries due to the currency crisis afflicting the region, reports here said Saturday. Gold appears more expensive because local currencies have depreciated against the U.S. dollar, the Business Times newspaper quoted Kitaru Inagaki, area manager of the World Gold Council, as saying.
Mon, 10 Nov 1997, 00:00 WIB
Environmental information
Environmental information With regard to Suwiryo Ismail's discussion on the very important subject of public access to environmental information which appeared in The Jakarta Post, Nov. 6, 1997, page four, I feel that it's necessary to elaborate on one aspect of the article. Mr. Ismail states that the government has had a tendency to block access to environmental information for journalists covering stories "such as that of Freeport in Irian Jaya".
Mon, 10 Nov 1997, 00:00 WIB
Two children die in bomb explosion
Two children die in bomb explosion SAMARINDA, East Kalimantan: Two children were killed instantly when a bomb -- believed to have been left behind by Japanese soldiers during World War II -- exploded in the eastern part of Balikpapan town Friday afternoon. Police chief Lt. Col. Noer Sasongko said here Saturday that the children, 13-year-old Laruji and 11-year-old Laole, found the bomb while playing after school on a beach in Lamaru district.
Mon, 10 Nov 1997, 00:00 WIB
UN donates victims of typhoon
UN donates victims of typhoon HANOI (AFP): The United Nations announced yesterday US$225,000 in aid to help the victims of Typhoon Linda, which ravaged part of Vietnam's Mekong Delta and killed hundreds of people. The UN Development Program (UNDP) in Vietnam said it was putting up the aid after an appeal to the international community by the Vietnamese government. Typhoon Linda, which struck on Nov.2, has been called the "natural calamity of the century" in Vietnam.
Mon, 10 Nov 1997, 00:00 WIB
Semen Cibinong keeps operating
Semen Cibinong keeps operating JAKARTA (JP): Cement producer PT Semen Cibinong announced Saturday that workers' unrest at the unit four of the Narogong plant in West Java has not affected its operation. "Physical conditions of the plant, the mine, and the cement transportation sector have not been disrupted, operation continues as normal," Semen Cibinong president Hashim Djojohadikusumo said in a statement Saturday.
Mon, 10 Nov 1997, 00:00 WIB
Britain to join environmental meet
Britain to join environmental meet JAKARTA: British experts will take part in a three-day conference, titled Science and Technology for the Assessment of Global Environmental Change, to open today. Antara reported that conservationist and botanist David Bellamy, with Peter Raines of the British Coral Cay Conservation Agency, is to present a paper on the environmental impact on nearshore marine resources in Indonesia.
Mon, 10 Nov 1997, 00:00 WIB
20 weak banks likely to merge
20 weak banks likely to merge JAKARTA (JP): The government's decisive move to close 16 ailing banks two weeks ago will force weak banks to merge among themselves or with larger ones, according to the Association of Private National Banks (Perbanas). The association's chairman, Thomas Suyatno, said over the weekend that merging would be the best alternative for weak banks to escape a government closure order.
Mon, 10 Nov 1997, 00:00 WIB
Resistance to occupational safety
Resistance to occupational safety By Melody Kemp JAKARTA (JP): Watching the construction of luxury apartments that are soon to be an extension of one of the most prestigious hotels in the city is quite fascinating. The construction workers wear neither hard hats nor protective foot wear. The multistory site is not swathed in protective mesh designed to catch errant flying tools.
Mon, 10 Nov 1997, 00:00 WIB
Archeologists find Dutch relics
Archeologists find Dutch relics BANJARMASIN, South Kalimantan: A team of archeologists have found some historical relics, identified as Dutch in origin, along Martapura River here, Antara reported Saturday. Harry Widianto, head of the Banjarmasin archeological office, said the relics included ceramic plates, bottles and some coins. Earlier, the team found the remains of a ship buried in the riverbed. The exploration is scheduled to end today.
Mon, 10 Nov 1997, 00:00 WIB
Globalization and economics
Globalization and economics By Makmur Keliat SURABAYA (JP): The term globalization has become increasingly popular among Indonesians. It is not unusual to hear that high- ranking Indonesian government officials have attributed the depreciation to increased globalization. Likewise, some legislators, on occasion, have aired similar arguments in their explanation of the ongoing monetary crisis. But does everyone really understand the term?
Mon, 10 Nov 1997, 00:00 WIB
IMT-GT businesses need to explore coproduction
IMT-GT businesses need to explore coproduction KUALA LUMPUR (DPA): Entrepreneurs from the Indonesia-Malaysia- Thailand (IMT-GT) need to explore coproduction as a means to speed up economic development in sub-region, said the economic advisor to the Malaysian government, Daim Zainuddin, Saturday. The concept, which has been around for many years, has not been fully explored, said Daim, a former finance minister.
Mon, 10 Nov 1997, 00:00 WIB
Kupang exports cement
Kupang exports cement JAKARTA (JP): State-owned cement maker PT Semen Kupang, East Nusa Tenggara, will export next year 20,000 tons of its cement products to Australia to reduce its overhanging stocks. The company's president, H.M. Sattar Saba, said in Kupang, East Nusa Tenggara's capital, that the company has an overhanging stock of 90,000 tons this year.
Mon, 10 Nov 1997, 00:00 WIB
Sutiyoso moves to new house in grand rite
Sutiyoso moves to new house in grand rite JAKARTA (JP): Governor Sutiyoso and his family moved into a new house yesterday with the help of 15 horse-drawn buggies (andong) and thousands of guests in a traditional Betawi (native Jakartans) ceremony. The governor moved to Jl. Taman Suropati No. 7 in Menteng, Central Jakarta, about 300 meters away from his previous residence -- Jl. Teuku Umar No. 60. A three-kilometer procession -- which started at the old house at 9:30 a.m.
Mon, 10 Nov 1997, 00:00 WIB
Thousands of tribal people face food crisis in Maluku
Thousands of tribal people face food crisis in Maluku JAKARTA (JP): The drought has forced thousands of members of three isolated tribes on Mangole Island, Maluku, to venture beyond their temporary settlements to seek food, Antara reported Saturday. Umar Hassan, a subdistrict head, estimated that the nomadic tribes of Kadai, Siboyo and Mangei had some 1,700 members. They have not yet received assistance from the Ministry of Social Services, he said, because they were always on the move.
Mon, 10 Nov 1997, 00:00 WIB
Golkar's rejection of rights bill a 'setback'
Golkar's rejection of rights bill a 'setback' DEPOK, West Java (JP): Legal expert Todung Mulya Lubis lamented Golkar's recent rejection for a call to establish an Indonesian bill of rights, calling it a setback in democratization. Todung speculated that it was precisely the fear that the bill, should one be set up, could be used to promote democratization that made Golkar turned down the proposal.
Mon, 10 Nov 1997, 00:00 WIB
Teachers' lack of skill hampers English teaching
Teachers' lack of skill hampers English teaching JAKARTA (JP): Poor communication skills among most English language teachers in Indonesia is undermining the teaching of English in schools, a linguistics expert said. "English teaching in Jakarta is facing a great number of difficulties because of a lack of qualified English teachers here," Gerda K. Wanei, dean of the Education and Teaching Department of Atmajaya University, told The Jakarta Post over the weekend.
Mon, 10 Nov 1997, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Exhibitions * Painting Exhibition: Breakaway 1995 by Maud Van Der Lely, Vajaraporn Sukanich, Miryung Muir, Jeannette Bijlmer, at KOI Gallery Restaurant, Jl. Mahakam I/2, South Jakarta, daily, 11 a.m. to 11 p.m., until Nov. 16. * Photo Exhibition: Kesaksian Abadi by Hilmar Pabel, at Galeri Foto Jurnalistik Antara, Jl. Antara No. 59 Pasar Baru, Central Jakarta, daily except Monday, 11:30 a.m. to 7:30 p.m., until Nov. 11.
Mon, 10 Nov 1997, 00:00 WIB
Amien against creating Islamic state
Amien against creating Islamic state JAKARTA (JP): The chairman of the Muhammadiyah Moslem organization, Amien Rais, said that efforts to enforce the creation of an Islamic state here would be detrimental to the religion's image. Speaking at a discussion late Friday evening, the chairman of the 28 million-strong grassroots organization maintained that there was no direct reference in the Koran to the formation of an Islamic state.
Mon, 10 Nov 1997, 00:00 WIB
Swiss VP visits Indonesia
Swiss VP visits Indonesia JAKARTA (JP): Swiss Vice President Flavio Cotti arrived here yesterday for a two-day visit which will see him ink several accords aimed at improving between ties between the countries. Cotti, who is also Swiss foreign minister, will hold a bilateral talk with President Soeharto, according to the Swiss embassy here.
Mon, 10 Nov 1997, 00:00 WIB
SE Asia told to ease dependence on dollar
SE Asia told to ease dependence on dollar KUALA LUMPUR (AFP): A Southeast Asian private-sector business alliance said yesterday that regional economies should reduce their dependence on the U.S. dollar in the wake of regional currency turmoil. "For the longer-term, Southeast Asia should consider reducing dependence on the dollar and diversifying into currencies that are a more objective and less volatile store of value," said the Malaysian-based ASEAN Business Forum in a statement here.
Mon, 10 Nov 1997, 00:00 WIB
Man gets 8 years for killing
Man gets 8 years for killing JAKARTA (JP): Central Jakarta District Court has sentenced a professional "three-in-one" passenger to eight years in jail for killing an alleged hoodlum in Tanah Abang. Prosecutor Rudy Yulianto said over the weekend that Waiman, 27, was found guilty and sentenced by the court in a trial led by Judge Madnyono on Thursday. "Waiman's lawyer appealed the verdict while I'm still considering whether to also make an appeal," Rudy told The Jakarta Post.
Mon, 10 Nov 1997, 00:00 WIB
Allson enters Indonesia
Allson enters Indonesia JAKARTA (JP): Hong Kong-based Allson International Hotels and Resorts has said it is upbeat about its first Indonesian hotel, the Allson Residence in Senen, Central Jakarta. Over the weekend, Allson Residence's Berman Hatta told The Jakarta Post here that since its soft opening of the first 88 units launched last June, the average occupancy rate had reached 67 percent.