Archive: 27 November 1997
55 articles found
Thu, 27 Nov 1997, 00:00 WIB
Indofood loses Rp 456b from rupiah depreciation
Indofood loses Rp 456b from rupiah depreciation JAKARTA (JP): Publicly listed PT Indofood Sukses Makmur (ISM), a unit of the widely-diversified Salim Group, reported yesterday a net loss of Rp 456 billion (US$126.66 million) in the first nine months of 1997 caused by foreign exchange losses. The company said in a statement that it had recognized, as a one-time charge to its operations, Rp 900 billion in foreign exchange losses incurred by the rupiah's steep depreciation.
Thu, 27 Nov 1997, 00:00 WIB
Lautan's profit rises 38%
Lautan's profit rises 38% JAKARTA (JP): Publicly listed PT Lautan Luas, a specialty chemical distributor, recorded a 38 percent increase in net profit to Rp 9.2 billion (US$2.55 million) in the first nine months this year from about Rp 6.8 billion over the same period last year. The company said yesterday in a statement that it booked a total net sales of Rp 227.9 billion in the January to September period this year compared with Rp 172.8 billion over the corresponding period last year.
Thu, 27 Nov 1997, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Nov. 26, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 850 -75 16,500 AHAP Insurance 600 -325 67,000 Alter Abadi 500 -75 100,000 Alumindo Light Metal 350 -25 371,000 Alumindo Perkasa 275 0 0 Aneka Kimia Raya 800 150 1,414,000 Anwar Sierad 250 0 204,000 Apac Centertex Corp.
Thu, 27 Nov 1997, 00:00 WIB
Building must be torn down: Court
Building must be torn down: Court BOGOR (JP): The Supreme Court has ordered the immediate demolition of a three-story building on Jl. Baru-Kedungbadak in Tanah Sareal and upheld a Bogor resident's claim that it was erected illegally. The head of Bogor District Court, Arsad Sanusi, said that private developer PT Bangun Adigraha constructed the building, which has a floor space of 20,000 square meters and is located on a 57,905-square-meter plot.
Thu, 27 Nov 1997, 00:00 WIB
Argo Lawu
Argo Lawu From Kompas Travelers are grateful to the state railway company (PERUMKA) that has lately introduced new trains with improved services. They are the Argo Bromo (Jakarta-Surabaya route), Argo Gede (Jakarta-Bandung route) and Argo Lawu (Jakarta-Solo route). When taking the Argo Lawu on Oct. 31 from Solo to Jakarta I found that the carriage and the toilet were clean, I felt the coolness of the airconditioned carriage, and the train was on time for both departure and arrival.
Thu, 27 Nov 1997, 00:00 WIB
Experts, activist at loggerheads over abortion
Experts, activist at loggerheads over abortion JAKARTA (JP): A doctor, a lawyer, a religious activist and a police officer have entered the public debate on the moral and legal aspects of abortion. The Jakarta Post contacted them yesterday following the discovery last week of 11 babies and fetuses which were dumped at a garbage site on Jl. Warakas in Tanjung Priok, North Jakarta.
Thu, 27 Nov 1997, 00:00 WIB
Most OPEC members back quota increase
Most OPEC members back quota increase JAKARTA (JP): The majority of the Organization of Petroleum Exporting Countries (OPEC) member countries support the proposal to increase output quotas, Minister of Mines and Energy I.B. Sudjana told reporters yesterday. Sudjana said he believed OPEC ministers would reach a compromise on the proposed quota increase during the current OPEC Ministerial Conference at Dharmawangsa Hotel, South Jakarta.
Thu, 27 Nov 1997, 00:00 WIB
Clarification needed
Clarification needed The improper use of Rp 7.1 billion (Rp 3.1 billion according to the director general of PT Jamsostek) of Jamsostek workers' social security funds has become a topic of widespread public discussion. It would therefore be most appropriate if the issue could be clarified at the soonest.
Thu, 27 Nov 1997, 00:00 WIB
21 sports bodies give Asiad plans
21 sports bodies give Asiad plans JAKARTA (JP): Twenty-one sports organizations have submitted proposals for their participation in the 13th Asian Games in Bangkok next December to the National Sports Council task force. The task force chairman, Muhammad Hindarto, said after a task force meeting yesterday that the proposals included training programs, preparatory events, medal targets and budgets. "From 32 sports organizations only 21 have submitted proposals.
Thu, 27 Nov 1997, 00:00 WIB
Riot suspect sent to jail
Riot suspect sent to jail TASIKMALAYA, West Java: Abdul Muis bin Makun, 23, was sentenced to two years in prison Tuesday for instigating a riot here last December, Antara reported yesterday. Chief Judge Zaharuddin Yusuf said Abdul Muis was guilty of subversion, namely perpetrating the riot in Tasikmalaya. Four people died during the riot on Dec. 26 with material losses estimated to have reached Rp 85 billion. The prosecutor had demanded four years' imprisonment.
Thu, 27 Nov 1997, 00:00 WIB
30 million to go home for Idul Fitri
30 million to go home for Idul Fitri SAMARINDA, East Kalimantan: Minister of Transportation Haryanto Dhanutirto said here yesterday approximately 30 million people will travel home over the Idul Fitri holiday in January and related institutions should be prepared for the exodus. The minister said he does not expect serious problems as related offices have managed transportation facilities well. The ministry also cooperates with the Armed Forces to guarantee security and order, he said.
Thu, 27 Nov 1997, 00:00 WIB
Cover photos a key to 'STERN' success
Cover photos a key to 'STERN' success By Maria Sandra JAKARTA (JP): A group of scavengers busily pick through a mound of garbage in East Jakarta. Nearby, children in worn-out clothes play in a large garbage container. Around them are makeshift houses made of panels of woven bamboo. Although these simple houses are dilapidated, the occupants still joke and laugh. Their faces reflect not a hint of worry that some day their homes will be bulldozed because this is not a designated residential area.
Thu, 27 Nov 1997, 00:00 WIB
Indonesia buys 300,000 tons of Thai rice
Indonesia buys 300,000 tons of Thai rice BANGKOK (Reuters): Indonesia has bought 300,000 tons of Thai rice for nearby shipment with loading under way, trade sources said yesterday. The purchases were of mostly 15 and 25 percent grade but price details were not available, they told Reuters. Indonesia is expected to import between 1.5 million and 2.0 million tons of rice to cover a local shortfall caused by the adverse effects of the El Nio weather phenomenon.
Thu, 27 Nov 1997, 00:00 WIB
APEC's confidence boost
APEC's confidence boost The fifth summit of Asia Pacific Economic Cooperation (APEC) leaders in Vancouver produced much more than most analysts expected, given the economic backrdrop of the financial crisis blighting its Asian members.
Thu, 27 Nov 1997, 00:00 WIB
Putu Rai new army spokesman
Putu Rai new army spokesman JAKARTA (JP): Col. I Dewa Putu Rai was installed as the Army headquarters' new spokesman yesterday, replacing Brig. Gen. Robik Mukav. Mukav has been given an administrative position at the Armed Forces headquarters. Putu Rai, a 1971 graduate of the Magelang-based National Military Academy in Central Jakarta, is a relatively new man to the press as most of his military career was spent in the intelligence department.
Thu, 27 Nov 1997, 00:00 WIB
Stock market expected to recover next year
Stock market expected to recover next year JAKARTA (JP): The ailing domestic stock market is expected to recover only in the second semester of next year as big investors still need more time to enter the market, according to a market executive.
Thu, 27 Nov 1997, 00:00 WIB
NGO urges government to take lead in UN climate parley
NGO urges government to take lead in UN climate parley JAKARTA (JP): Environmentalists called on the government yesterday to lead the campaign to reduce world greenhouse gas emissions in the United Nations meeting on climate change next week in Kyoto, Japan. The Indonesian Climate Action Network, I-CAN, said that as a country which would be chairing the G-77 group of developing nations next year, the Indonesian government must "speak out" for the sake of the people during the 10-day meeting.
Thu, 27 Nov 1997, 00:00 WIB
Apartments to recast Bongkaran's seedy image
Apartments to recast Bongkaran's seedy image JAKARTA (JP): The city municipality unveiled its plan yesterday to convert the Bongkaran red-light district in Tanah Abang into a low-cost apartment complex surrounded by green areas. The plan will be implemented next year and about Rp 4 billion of the city's 1997/1998 budget is to be set aside for the Bongkaran project, Central Jakarta Mayor Andi Subur Abdullah said.
Thu, 27 Nov 1997, 00:00 WIB
House studies possibility of amending postal law
House studies possibility of amending postal law JAKARTA (JP): The House of Representatives is studying the possibility of amending the country's postal law in order to allow private companies to perform postal services. Chairman of the House's Commission IV on transportation, tourism, post and telecommunications, Ferdinand P.D. Lengkey, said here yesterday that the members of the commission were currently considering the option.
Thu, 27 Nov 1997, 00:00 WIB
Fire leaves 300 homeless
Fire leaves 300 homeless JAKARTA (JP): A fire gutted 100 houses in the densely- populated area of Taman Sari in West Jakarta yesterday afternoon, leaving 300 people homeless. There were no fatalities reported. Locals estimated a total material loss as high as Rp 600 million (US$164,835). The fire was believed to have been initially caused by an exploding stove at one of the residents' houses on Jl. Thalib III, said Andi Juwana from the West Jakarta fire agency.
Thu, 27 Nov 1997, 00:00 WIB
Seven questioned over Jamsostek funds scandal
Seven questioned over Jamsostek funds scandal JAKARTA (JP): The Jakarta Provincial Prosecutor's office questioned yesterday seven people in connection with the alleged misuse of billions of rupiah of the state-owned insurance company PT Jamsostek.
Thu, 27 Nov 1997, 00:00 WIB
Indomobil's profit adjusted
Indomobil's profit adjusted JAKARTA (JP): Auto firm PT Indomobil Investment Corporation said yesterday that its net profit had dropped Rp 2.4 billion (about US$666,000), in the three months to September, to Rp 112.4 billion from Rp 114.8 billion last June. The company said in a statement the drop in net profit was from foreign exchange losses resulting from the sharp depreciation of the rupiah against the U.S. dollar during the three-month period. But it said the nine-month net profit of Rp 112.
Thu, 27 Nov 1997, 00:00 WIB
City police closing in on baby dumpers
City police closing in on baby dumpers JAKARTA (JP): Police disclosed yesterday that they were making progress in their pursuit of those involved in last week's dumping of aborted fetuses and dead babies in North Jakarta. Those arrested might also be accused of participating in illegal abortions, City Police spokesman Lt. Col. E. Aritonang said. He refused to reveal any further details, saying that the investigation was still underway.
Thu, 27 Nov 1997, 00:00 WIB
Chang, Chawalit take early lead in Tugu Pratama
Chang, Chawalit take early lead in Tugu Pratama JAKARTA (JP): Chang Tse-Peng of Chinese Taipei and Thailand's Chawalit Plaphol, the first-round leader last week on the Omega Tour, share the lead after the first day of the US$300,000 Tugu Pratama PGA Championship 1997 on six-under-par 66 yesterday. Australian Brad Andrews, Paul Friedlander of Swaziland, the winner of last year's Dubai Creek Open, and the Omega Order of Merit leader, Mike Cunning of the United States, are all one shot behind.
Thu, 27 Nov 1997, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Exhibitions * Painting Exhibition: The Southern Charm by Katrina Bohan- Tyrie, at Galeri Linggar, Jl. Kemang Timur No. 36, South Jakarta, 10 a.m. to 10 p.m., until Dec. 7. * Painting Exhibition: By Yaqub Elka at Kedai Cakep, Gelanggang Remaja Bulungan, Jl. Bulungan Blok C-1, South Jakarta, until Nov. 30. * Painting Exhibition: Pesona Lukisan Kecil 4 by Five Indonesian Artists (Indonesia Lima), at Holiday Inn Crowne Plaza, Jl. Gatot Subroto Kav. 2-3, Central Jakarta, Nov.
Thu, 27 Nov 1997, 00:00 WIB
TV programs
TV programs Today TVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: Adventure of Pinochio 3:10 Science Film: Animal Odyssey 3:35 Religious Teachings: Islam 4:00 Regional News 4:30 Flora: Pesona Hutan Alam Bogor 5:00 Arabic Lessons 5:30 Children's Drama: Maafkan Dong 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country 6:15 Village Program 6:30 TVRI News 6:53 Music 7:00 Evening News 7:30 Ascension Day of Prophet Mohammad (live from Istiqlal) 9:00 World News 9:30 Special...
Thu, 27 Nov 1997, 00:00 WIB
APEC leaders vow to settle crisis
APEC leaders vow to settle crisis By Meidyatama Suryodiningrat and Kornelius Purba VANCOUVER, Canada (JP): Leaders of the Asia Pacific Economic Cooperation (APEC) ended their meeting Tuesday with a strong united message of confidence and commitment to do whatever it takes to overcome the financial crisis gripping the region. "We gather here to secure the stability and growth in our region," said Canadian Prime Minister Jean Chretien after chairing the meeting.
Thu, 27 Nov 1997, 00:00 WIB
Where to go in Bali:
Where to go in Bali: Music and entertainment * Bali Inter. Continental Resort, Jimbaran: - Singaraja Restaurant: Mini Balinese Jegog, daily, 6:30 p.m. to 10 p.m. - Saraswati Lounge: Balinese Cultural Dances, daily except Thursday and Sunday. - Padi Prada Lounge: Jazz music by Milestone Dua, daily (except Monday), 8 p.m. to 12 p.m. - Taman Gita Terrace: Kecak dance, on Thursday. Barong dance, Sunday. - Monkey Forest Fun Pub: Karaoke and disco, daily 9 p.m. to 2 a.m.
Thu, 27 Nov 1997, 00:00 WIB
Indonesian officers arrested for breaching peace
Indonesian officers arrested for breaching peace By Meidyatama Suryodiningrat VANCOUVER, Canada (JP): Two security officers from the Indonesian delegation attending the Asia Pacific Economic Cooperation (APEC) forum here were arrested and stripped of their APEC accreditation Tuesday for breach of the peace. "Two members of the Indonesian delegation were arrested for breach of the peace at the University of British Columbia earlier this morning," said Cpl. J.A.
Thu, 27 Nov 1997, 00:00 WIB
Bank ratings needed to protect depositors
Bank ratings needed to protect depositors JAKARTA (JP): An economist called yesterday for the introduction of bank rating agencies to help consumers assess the health of the country's banks. The president of the Indonesian Business Data Center, Christianto Wibisono, said bank ratings would enable the public to make more informed choices, and would push banks to improve themselves.
Thu, 27 Nov 1997, 00:00 WIB
Matahari buys 5 percent of Hero
Matahari buys 5 percent of Hero JAKARTA (JP): Retail firm PT Matahari Putra Prima announced yesterday that it had bought 5.01 percent of PT Hero Supermarket's shares. Matahari president Hengky Tjitra said in a statement that the company could buy more of Hero's shares in the near future to increase its ownership. But he did not mention how much Matahari spent to buy the 11.77 million Hero shares. He also did not disclose from whom the company bought the shares.
Thu, 27 Nov 1997, 00:00 WIB
RI has not drawn on S'pore aid
RI has not drawn on S'pore aid SINGAPORE (Reuters): Indonesia has not asked to draw on the US$5 billion aid offered by Singapore, deputy prime minister Lee Hsien Loong said yesterday. "They have not asked for it yet," Lee said in reply to a question on whether Indonesia had drawn on the fund offered by Singapore. He was speaking to reporters after an awards ceremony.
Thu, 27 Nov 1997, 00:00 WIB
Kempinski to open soon
Kempinski to open soon JAKARTA (JP): German hotel management company Kempinski will open its first Indonesian property, the Kempinski Hotel and Apartments Jakarta, next year. The five-star Kempinski Jakarta is a 36-story tower offering hotel-apartment accommodation which was developed by PT Prima International Development. There will be 360 hotel rooms, from the first to 15th floor, and 254 apartment units, from the 16th to the top floor.
Thu, 27 Nov 1997, 00:00 WIB
Southeast Asian Games consortium to submit audited report next month
Southeast Asian Games consortium to submit audited report next month JAKARTA (JP): The 19th SEA Games consortium hopes to submit its audited financial report by the end of next month. The Games organizers' budget and promotion deputy, Enggartiasto Lukita, said yesterday that accountants were still auditing the report. "The auditing has yet to finish but hopefully the public accountant can finish it by the end of December," he said.
Thu, 27 Nov 1997, 00:00 WIB
Asahi to join in ammonia project
Asahi to join in ammonia project JAKARTA (JP): Asahi Chemical Co. Ltd. of Japan will join PT Kaltim Parna Industri, a joint venture between two Indonesian companies and Mitsubishi Corporation, to build a US$240 million ammonia plant in Bontang, East Kalimantan. The company's chief commissioner Marihad Simbolon said Asahi Chemical had bought 10 percent of Mitsubishi's stake in PT Kaltim Parna Industri to take part in the joint venture company.
Thu, 27 Nov 1997, 00:00 WIB
Ex-Thai premier to quit leadership
Ex-Thai premier to quit leadership BANGKOK (Reuters): Former Thai premier Chavalit Yongchaiyudh will give up next month the leadership of the New Aspiration Party (NAP) he founded, and may retire from politics in the near future, party officials said yesterday. "General Chavalit said he will resign from the position of party leader on December 22. He is not willing to be reinstated because he wants to see the party lead by the younger generation," NAP spokesman Kuthep Saikrajang announced.
Thu, 27 Nov 1997, 00:00 WIB
Talk on economic crisis
Talk on economic crisis It is inevitable, but a pity nonetheless, that the discussions between world leaders which annually precede the formal start of Asia-Pacific Economic Cooperation (APEC) summits do not provide enough time to produce a joint approach to some of the crippling economic problems facing the region. Yet at no time in recent years has such a joint approach been so needed. The failure of Japan's fourth largest brokerage has only worsened fears for the future.
Thu, 27 Nov 1997, 00:00 WIB
Three teenagers tried for killing housemaid
Three teenagers tried for killing housemaid JAKARTA (JP): Three teenagers were indicted at the Central Jakarta District Court yesterday of killing a housemaid and robbing jewelry worth Rp 3.5 million (US$972) allegedly to fund their recreation in Bali. Prosecutor Andrizal said the defendants -- identified as Martin Togi Nababan, 16; Richard Ramses El Tobing, 16; and Rudi Yanto alias Lay Cien Sang, 16 -- killed Ningsih, a 50-year-old housemaid, in a house on Jl. Gunung Sahari on Aug. 1.
Thu, 27 Nov 1997, 00:00 WIB
Vietnam coffee shines on tight Indonesian supply
Vietnam coffee shines on tight Indonesian supply SINGAPORE (Reuters): The dry spell haunting Indonesia's coffee belt gave way to intermittent rains recently but supplies remained tight, giving Vietnam's coffee prices a boost, dealers said on Wednesday. "Vietnam's supply is in full swing. The take-up rate is very good as traders seek to compensate for the sharp fall in Indonesian supply," a coffee dealer in Singapore said.
Thu, 27 Nov 1997, 00:00 WIB
Hino enters Vietnam
Hino enters Vietnam HANOI (AFP): A joint venture to produce heavy trucks, involving Japan's Hino Motors, Sumitomo Corp. and the Vietnamese ministry of transportation, has been officially opened, a Hino executive said yesterday. The company, Hino Motors Vietnam, is a US$8.1 million joint venture to produce medium sized trucks. It is one of 14 projects licensed to produce motor vehicles in Vietnam, where auto assemblers are clamoring for a share of the tiny local market.
Thu, 27 Nov 1997, 00:00 WIB
Levi's to launch major commercial
Levi's to launch major commercial JAKARTA (JP): The Levi Strauss Asia-Pacific division will launch Monday its own tailored commercial package in Indonesia for 501 jeans. Kiki Rizki, the marketing executive of Levi Strauss Indonesia, said yesterday that the one-month campaign, with a school theme, would be aired on the private television stations -- RCTI, SCTV, Indosiar and ANteve. The campaign will be broadcast in 10 countries throughout the Asia-Pacific region.
Thu, 27 Nov 1997, 00:00 WIB
90 buildings damaged in quake
90 buildings damaged in quake GORONTALO, North Sulawesi: At least 90 houses, mosques and office buildings in Paguyaman and Kwandang subdistricts, Gorontalo regency, were damaged by an earthquake late Tuesday which measured 6.8 on the Richter scale. No casualties were reported in the tremor, which is believed to be the second largest quake to hit North Sulawesi in the last seven years, Aswin Miolo, an official from the local disaster management office, said.
Thu, 27 Nov 1997, 00:00 WIB
Foundation trains local traders
Foundation trains local traders BEKASI (JP): The Indonesian Skills Foundation, a joint Australian-Indonesian organization, is holding a three-day training course for 45 small-scale merchants of Cikarang Baru market, in Bekasi. The foundation's secretary general, Gatot Sularto, said the course, which started yesterday, is aiming to improve management skills of the local traders so they could better compete in the globalization era.
Thu, 27 Nov 1997, 00:00 WIB
PPP steadfast in rejecting extra presidential power
PPP steadfast in rejecting extra presidential power JAKARTA (JP): The minority United Development Party (PPP) bought more time yesterday with its rejection of the motion to give the next president extra power, forcing the People's Consultative Assembly (MPR) to delay its decision on the draft.
Thu, 27 Nov 1997, 00:00 WIB
Where to go in Surabaya:
Where to go in Surabaya: Music and Entertainment * Ibis Rajawali Hotel, Jl. Rajawali 11-9: - Yudhistira Bar, at 7 p.m. to 10 p.m.: George T. (Pianist), Saturday, Sunday, Monday. Duo Erna and Robin, Tuesday. Q'Sera Band, Friday. * Garden Palace Hotel, Jl. Yos Sudarso 11: - Kencana Cyber Cafe open on Tuesday to Sunday, 8 a.m. to 10 p.m. - Kencana Coffee Shop: Violist and Organist, daily at 6 p.m. to 9 p.m. * Novotel Surabaya Hotel & Suites, Jl.
Thu, 27 Nov 1997, 00:00 WIB
More hostels needed
More hostels needed JAKARTA: More hostels and inexpensive domestic travel schemes for youths are needed to encourage them to travel more throughout the country, a cabinet minister said yesterday. "The government is making efforts to establish the schemes," State Minister of Youth Affairs and Sports Hayono Isman told The Jakarta Post after receiving Japanese Ambassador Takao Kawakami in his office.
Thu, 27 Nov 1997, 00:00 WIB
Indocement's forex loss
Indocement's forex loss JAKARTA (JP): Shareholders of publicly listed PT Indocement Tunggal Prakarsa agreed to allocate an allowance of Rp 423.5 billion for an extraordinary foreign exchange loss during this year's first nine months, the company said yesterday. The company said the amount would be set aside for booking loss recognition, instead of cash loss, as its foreign exchange debt maturity was between four and 11 years. "The 39 percent rupiah depreciation against the U.S.
Thu, 27 Nov 1997, 00:00 WIB
Japan to help stop oil spills
Japan to help stop oil spills UJUNGPANDANG, South Sulawesi: Japan is eager to assist in efforts to stop oil spills and pollution in the Makassar Straits caused by ship accidents, Antara reported. "The Makassar Straits is an alternate route for Japanese tankers to transport oil from Saudi Arabia," a local transportation official, Subarman, said here yesterday.
Thu, 27 Nov 1997, 00:00 WIB
'Benefit of the doubt' for RI's economy
'Benefit of the doubt' for RI's economy By Laksamana Sukardi The following article is based on a paper presented at a "power breakfast" meeting organized by the International Advertising Association at the Hilton Executive Club on Nov. 21, 1997 in Jakarta. This is the first of two articles. JAKARTA: In the span of only a few months Indonesia has gone from being the "darling" of the international investment community to becoming a virtual "pariah" to be shunned.
Thu, 27 Nov 1997, 00:00 WIB
Airline reports fewer Indonesian passengers
Airline reports fewer Indonesian passengers JAKARTA (JP): The United Arab Emirates' carrier, Emirates, has seen fewer passengers on its Indonesian service due to the currency upheaval in the Asian region. The company manager in Indonesia, John Rotikan, said here yesterday that the number of passengers flying the Jakarta-Dubai via Singapore route dropped 20 percent in October and November. "It will continue next month," he said.
Thu, 27 Nov 1997, 00:00 WIB
Three governor candidates approved
Three governor candidates approved PADANG, West Sumatra: President Soeharto, through Minister of Home Affairs Moch. Yogie S.M., has approved West Sumatra Vice Governor Brig. Gen. Muchlis Ibrahim's nomination for the 1997/2002 governorship, it was announced here Tuesday. The head of the West Sumatra Forestry Office Mannas K. Sulaiman and professor at Andalas University's School of Agriculture Fachry Ahmad were also approved for the West Sumatra governorship, Antara reported.
Thu, 27 Nov 1997, 00:00 WIB
Healthy competition vital for growth: Experts
Healthy competition vital for growth: Experts JAKARTA (JP): Indonesia needs to complement its very strong commitment to development with a pricing policy and healthy competition to sustain high economic growth for the next 30 years, an expert said. Peter McCawley, deputy director general of the Australian Agency for International Development (AusAID), said here yesterday that pricing and market mechanism in Indonesia, like in other Asian countries, was still quite distorted.
Thu, 27 Nov 1997, 00:00 WIB
Different exchange rate
Different exchange rate I recently visited Indonesia and on arrival at Soekarno-Hatta International Airport, I went to PT Artha Modern Center, an authorized money changer in the arrival hall. I wanted to change sterling traveler checks and the rate I was given was Rp 4,000 to one pound sterling. The following day I went to Bank Bumi Daya in Jakarta to change another travelers check and the rate given by the bank was Rp 4,691 to one pound sterling.
Thu, 27 Nov 1997, 00:00 WIB
Customer (Dis)service
Customer (Dis)service Recent readers' letters in The Jakarta Post prompted me to write this letter. You can add me to the surely long list of unhappy souls who naively expect good customer service when dealing with large, high-profile companies here in Indonesia. In 1994, I bought a new Kijang from Astra 2000 in Kalimalang. Everything seemed so well-organized.
Thu, 27 Nov 1997, 00:00 WIB
Peru, Russia, Vietnam accepted into APEC
Peru, Russia, Vietnam accepted into APEC By Meidyatama Suryodiningrat VANCOUVER, Canada (JP): Peru, Russia and Vietnam were accepted Tuesday as new members of the Asia Pacific Economic Cooperation (APEC), the last economies to join before the forum slaps a 10- year moratorium on membership. "We welcome Peru, Russia and Vietnam as new members of APEC community effective in 1998," Canadian Prime Minister Jean Chretien said.