Archive: 12 December 1997
56 articles found
Fri, 12 Dec 1997, 00:00 WIB
Recent incidents of unrest 'not caused by religious conflict'
Recent incidents of unrest 'not caused by religious conflict' YOGYAKARTA (JP): Leading sociologist Loekman Soetrisno has disclaimed the notion that incidents of unrest in Indonesia over the past few years were sparked by religious conflict. While religious sentiments could serve as an effective means to mobilize people, conflict was more likely to emerge in communities where members felt severe economic and political frustration, he said in a discussion here Wednesday.
Fri, 12 Dec 1997, 00:00 WIB
Use of Jamsostek funds
Use of Jamsostek funds From Kompas There is much news doing the rounds on the use of Jamsostek (state-owned social security company) funds: the money deposited at BTN has been used for financing the repatriation of women workers abroad and lately it has been used to "bribe" the DPR (House of Representatives) to smooth the way to the adoption of a labor law. I deplore the policy of the decision makers on the Jamsostek board.
Fri, 12 Dec 1997, 00:00 WIB
Slaughterhouse blackout slammed
Slaughterhouse blackout slammed TANGERANG (JP): The Tangerang regency office has protested to state-owned electricity company PLN about it disconnecting the power supply to a pig slaughterhouse operated by the regency in Batuceper district. Spokesperson for the regency office, Ena Karlina, said yesterday that the protest had been addressed to the head of the local PLN branch office. PLN has denied responsibility.
Fri, 12 Dec 1997, 00:00 WIB
Faldo, Parnevik retains joint lead in Super Tour
Faldo, Parnevik retains joint lead in Super Tour By Robert Soelistyo BANGKOK (JP): Playing under bright blue skies, the Johnnie Walker Super Tour's second round saw overnight joint leaders Nick Faldo of England and Sweden's Jesper Parnevik retain top spot after they each shot a 71 here yesterday. Parnevik charged round the Paya Indra Golf and Country Club course, playing with reckless abandon at times.
Fri, 12 Dec 1997, 00:00 WIB
OIC condemns terrorism and Israel as Tehran summit ends
OIC condemns terrorism and Israel as Tehran summit ends TEHRAN (AFP): Moslem leaders condemned Israel yesterday as a "terrorist state," demanded the surrender of all occupied Arab land and defied a U.S. law banning oil and gas investment in Iran and Libya. The 55 members of the Organization of the Islamic Conference (OIC) were also due to end their three-day summit in Tehran later yesterday with a strong call for the need to combat terrorism.
Fri, 12 Dec 1997, 00:00 WIB
Satelindo's third Palapa satellite ready in 2 years
Satelindo's third Palapa satellite ready in 2 years JIMBARAN, Bali (JP): PT Satelindo, the private telecommunications operator, is planning to launch its third satellite system -- Palapa C3 -- within the next two years. Company president Saleh Gunawan said here yesterday that the satellite system, which would probably be renamed, was designed to serve more than 100 digital services covering Indonesia, China and India.
Fri, 12 Dec 1997, 00:00 WIB
Justice must be upheld
Justice must be upheld Ever since my first visit to Jakarta in 1975 I have appreciated the continued improvement of your journal -- in its content, its language, its appearance, its frankness and boldness. On Dec. 10 my admiration for you knew no bounds when I read your courageous editorial Reviving the dead condemning the apathy of the authorities in not bringing to justice the killers of Marsinah. I wish more journals could show as much brave concern as exhibited by you.
Fri, 12 Dec 1997, 00:00 WIB
District court rejects lawsuit against Soerjadi
District court rejects lawsuit against Soerjadi JAKARTA (JP): The Central Jakarta District Court rejected yesterday a lawsuit accusing the chairman of the Indonesian Democratic Party (PDI) Soerjadi, his cadres and the government of being responsible for the July 27, 1996, takeover of the PDI headquarters. The panel of judges, headed by Judge Abas Soemantri, rejected the suit saying it was "obscure" since not all those accused were proven to be present or responsible for the takeover.
Fri, 12 Dec 1997, 00:00 WIB
Mental switch a must for better ministry: Official
Mental switch a must for better ministry: Official JAKARTA (JP): The foreign ministry must increase its standards of professionalism and internal coordination to further enhance its performance, a senior ministry official said here yesterday. The secretary-general of the Ministry of Foreign Affairs, Abdul Irsan, said the ministry needed to transform itself into a merit-based system with increased internal coordination in order to enter the 21st century as a modern organization.
Fri, 12 Dec 1997, 00:00 WIB
Asian bourses shaken by S. Korean crisis
Asian bourses shaken by S. Korean crisis HONG KONG (AFP): Stock markets across Asia plummeted yesterday as already shaky investors cashed out on South Korea's deepening financial turmoil and fresh weakness in regional currencies. Analysts warned that the Korean crisis could set off a new wave of sharp declines on regional markets.
Fri, 12 Dec 1997, 00:00 WIB
Hospital receives ISO 9002
Hospital receives ISO 9002 JAKARTA (JP): Privately run Mitra Keluarga Hospital has been awarded with the ISO 9002 for meeting international quality health care standards. The East Jakarta hospital is the first Indonesian hospital to receive the international certification.
Fri, 12 Dec 1997, 00:00 WIB
Students burn police stations
Students burn police stations JAKARTA (JP): Thousands of students of Haluoleo University in Kendari, Southeast Sulawesi burned three police posts and attacked another yesterday in retaliation against police mistreatment of their friends. The angry students also smashed street lamps and traffic signs as they made their way from the new campus in Andinuhu to the old campus in Kemaraya. Shops were closed and the traffic was rerouted as the students took to streets.
Fri, 12 Dec 1997, 00:00 WIB
Baligraha's stock price set at Rp 500 per share
Baligraha's stock price set at Rp 500 per share JAKARTA (JP): PT Baligraha Medikatama, operator of the privately run Graha Medika Hospital, will sell its shares at a par value of Rp 500 (11 US cents) in its initial public offering in January. Kevin Lee, the managing director of PT Lippo Securities -- the lead underwriter for Baligraha's initial public offering -- said yesterday that with such a low price, the stocks would be attractive to local investors.
Fri, 12 Dec 1997, 00:00 WIB
No big bashes at hotels, but discounts aplenty
No big bashes at hotels, but discounts aplenty JAKARTA (JP): Do not expect to dance the night away or count down the New Year, followed by a raucous rendition of auld lang syne, as it will be a subdued affair this year. This is not because of the weakening rupiah or the fallout from the economic crisis.
Fri, 12 Dec 1997, 00:00 WIB
Lippo Cikarang profit up
Lippo Cikarang profit up JAKARTA (JP): Publicly listed property developer PT Lippo Cikarang of the widely diversified Lippo Group posted a net profit of Rp 76.4 billion (US$19.10 million) as of June this year, a 13.5 percent increase from Rp 67.3 billion in the corresponding period last year. The company said yesterday that its sales rose to Rp 193.2 billion as of June 1997, up 1.5 percent from Rp 190.4 billion in the same period last year.
Fri, 12 Dec 1997, 00:00 WIB
Most Irian Jaya relief funds spent on transportation
Most Irian Jaya relief funds spent on transportation JAKARTA (JP): The government has spent Rp 200 billion (US$46 million) on relief operations to drought-hit Irian Jaya, State Minister of National Development Planning Ginandjar Kartasasmita said yesterday. However, 80 percent of the funds had to be allocated for transportation expenses due to the geographical conditions of the affected regencies, he said.
Fri, 12 Dec 1997, 00:00 WIB
Scholars scold ulemas for dabbling in politics
Scholars scold ulemas for dabbling in politics SURABAYA (JP): Leading Moslem scholars have criticized a group of fellow ulemas who recently named 10 people they deemed as vice presidential material, calling it a dangerous political maneuver. Badri Masduki, the head of Badrud Duja Pesantren (Islamic boarding school) in Kraksaan, Probolinggo, and Saleh Al Jufri, the director of the Institute for Islamic Information and Laboratory, expressed their displeasure over the move.
Fri, 12 Dec 1997, 00:00 WIB
Rate hike cheers phone operators
Rate hike cheers phone operators JIMBARAN, Bali (JP): Despite possible objections from the public and consumer bodies, mobile phone operators are happy with the government's plan to raise cellular phone tariffs 10 percent starting January. President of PT Satelindo, Saleh Gunawan, told The Jakarta Post here yesterday that the rate increase from Rp 270 to Rp 297 per minute, had been awaited by cellular providers.
Fri, 12 Dec 1997, 00:00 WIB
Police chief defends arrest of prosecutors
Police chief defends arrest of prosecutors DEPOK (JP): National Police chief Gen. Dibyo Widodo defended yesterday the arrest and questioning of prosecutors and employees of the Jakarta Provincial Prosecutor's Office. The four-star general reiterated that the move was taken in line with existing procedures and the case was clearly criminal. "So, they can't say that the arrests were groundless," he said, referring to a complaint about police action by the Attorney General's Office on Monday.
Fri, 12 Dec 1997, 00:00 WIB
Moslems encouraged to inspire civil society
Moslems encouraged to inspire civil society JAKARTA (JP): Disunity has held back Indonesian Moslems from becoming the driving force in forming a civil society in the country, a political observer said yesterday. Moeslim Abdurrahman of Illinois University said some Moslem groups and individuals offered their views of democratization, but they did not have the support of the masses and failed to launch a concerted movement which could lead to a political transformation.
Fri, 12 Dec 1997, 00:00 WIB
KL summit to focus on Asian financial woes
KL summit to focus on Asian financial woes KUALA LUMPUR (Reuters): Financial upheaval will dominate discussions next week involving the leaders of a dozen Asian nations including China, Japan and three recipients of bailout packages worth more than US$100 billion.
Fri, 12 Dec 1997, 00:00 WIB
IBF to stage first Super Series in 1999
IBF to stage first Super Series in 1999 JAKARTA (JP): The International Badminton Federation plans to stage its first Super Series in 1999 but has yet to decide which countries will host the event. IBF vice president, Dato Punch Gunalan, said yesterday that the federation had written to all Grand Prix series host countries but only 10 replied.
Fri, 12 Dec 1997, 00:00 WIB
Pulp, paper prices soft
Pulp, paper prices soft NEW YORK (Reuters): Asia Pulp & Paper Co on Wednesday said inventory corrections in Asia had resulted in relatively soft market pulp and commodity papers prices, but that demand was generally meeting expectations. In comments on the third quarter results of its major Indonesian subsidiaries, Asia Pulp also said that a devaluation of the Indonesian rupiah against the U.S. dollar had helped to reduce costs during the quarter.
Fri, 12 Dec 1997, 00:00 WIB
Play on Marsinah staged in Padang
Play on Marsinah staged in Padang PADANG, West Sumatra: A play on slain labor leader Marsinah that had been banned twice in the past two weeks, was staged without a glitch Wednesday at the closing of a national meeting of literary figures, Antara reported. Playwright and actress Ratna Sarumpaet presented her one-hour monologue Marsinah Menggugat (Marsinah Accuses) before an audience of 1,000 people. Police banned the play just hours before it was about to be staged on Nov.
Fri, 12 Dec 1997, 00:00 WIB
Exporters told to focus on U.S., EU
Exporters told to focus on U.S., EU JAKARTA (JP): Indonesian export companies should focus on the expanding United States and the European Union markets, says an economist. Dorodjatun Kuntjorojakti, a senior economist at the University of Indonesia, told members of the Chamber of Commerce and Industry yesterday the appreciation of the U.S. dollar and European currencies would further fuel economic activities of those countries. "The strength of the U.S.
Fri, 12 Dec 1997, 00:00 WIB
Smaller state budget expected
Smaller state budget expected JAKARTA (JP): The government is preparing a state budget which will likely be smaller than previous years as a result of the financial crisis afflicting the country. State Minister of National Development Planning Ginandjar Kartasasmita revealed yesterday that the next budget would not exceed the current 1997/1998 budget of Rp 101.1 trillion.
Fri, 12 Dec 1997, 00:00 WIB
Conversion Rates
Conversion Rates Jakarta (JP): Bank Ekspor Impor Indonesia's (Bank Exim) conversion rates on Dec.
Fri, 12 Dec 1997, 00:00 WIB
Where to go in Surabaya:
Where to go in Surabaya: Music and Entertainment * Sheraton Hotel, Jl. Embong Malang 25-31: - Bongo's Fun Pub & Restaurant: The Brilliant Creatures band performance, Tuesday to Sunday, 8:30 p.m. to 1 a.m. - Kawi Lounge: the Hip Fidelity Duo, Monday to Saturday, 8 p.m. to 12 midnight. * 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.
Fri, 12 Dec 1997, 00:00 WIB
Greater transparency needed
Greater transparency needed A new task has been added to our homework: how to combat rumors and how to prevent them from developing. Still fresh in our minds is the rush on Bank Central Asia that occurred when it was rumored that Soedono Salim had died. We will certainly be trying to find the person(s) who spread that rumor. It is no easy job to find the people who are spreading rumors. This is a problem which the authorities will certainly tackle.
Fri, 12 Dec 1997, 00:00 WIB
Police establish new clinic for drug addicts
Police establish new clinic for drug addicts JAKARTA (JP): City police chief Maj. Gen. Hamami Nata inaugurated a new clinic for drug addicts in East Jakarta yesterday. Nazatra Clinic, which is owned and managed by Jakarta Police, occupies a renovated three-story building located on the same site as the police-owned Pamardi Siwi Rehabilitation Center for drug addicts on Jl. Let. Jen. MT Haryono.
Fri, 12 Dec 1997, 00:00 WIB
RI tables bolder financial services offer at WTO
RI tables bolder financial services offer at WTO GENEVA (AFP): Indonesia tabled an offer on liberalizing its banking and insurance industries yesterday, trade officials said, one day before the cut-off date for a deal on opening the huge global financial services sector.
Fri, 12 Dec 1997, 00:00 WIB
TPPI delays funding $2.5b project
TPPI delays funding $2.5b project JAKARTA (JP): PT Trans-Pacific Petrochemical Indotama (TPPI) has delayed its permanent financing plan for a US$2.5 billion petrochemical project in Tuban, East Java. TPPI's president, Hashim Djojohadikusumo, said that the delay was due in part to the current unsettled state of Asian financial markets.
Fri, 12 Dec 1997, 00:00 WIB
Jl. Cinere Raya badly damaged
Jl. Cinere Raya badly damaged For several months Jl. Cinere Raya has been badly damaged and has big holes all along it. The holes become small ponds during the rainy season. This condition has caused traffic jams in the morning and in the afternoon. So far, the authorities have taken no action and have made no repairs. Rumors have long been circulating that the road would be widened, but up to now the situation remains unchanged.
Fri, 12 Dec 1997, 00:00 WIB
Local male shuttlers fail on GP Finals second day
Local male shuttlers fail on GP Finals second day JAKARTA (JP): Indonesia's men's singles crashed on the second day of the 1997 Lipton World Grand Prix Badminton Finals at the Senayan Indoor Stadium yesterday. 1992 Olympic gold medalist Alan Budikusuma failed to overcome young Chinese shuttler Luo Yigang and lost 13-18, 14-17 in a 60- minute match.
Fri, 12 Dec 1997, 00:00 WIB
Moerdiono says no new economic polices
Moerdiono says no new economic polices JAKARTA (JP): The government is not planning to issue any new policies in the near future despite the continuing fall of the rupiah. Minister/State Secretary Moerdiono said yesterday that it is more important to remain vigilant and make a concerted national effort to pull the country out of its current economic woes.
Fri, 12 Dec 1997, 00:00 WIB
Money changers profit from rupiah nosedive
Money changers profit from rupiah nosedive JAKARTA (JP): Frenzied trading at money changer outlets throughout the city, which were triggered by rumors that President Soeharto was seriously ill, had leveled out yesterday. Arsil Moein, a director of Ayumas Money Changer on Jl. Raya Kwitang, Central Jakarta, admitted that the rush to buy U.S. dollars started Tuesday when the spot rupiah hit another historic low of Rp 4,600 to the greenback.
Fri, 12 Dec 1997, 00:00 WIB
Asian currency crisis threatens world: Chuan
Asian currency crisis threatens world: Chuan BANGKOK (AFP): Thai Premier Chuan Leekpai warned yesterday that the Asian currency storm which has seen local units sink to record lows will also affect "economies of developed countries. Chuan made the comment as regional currencies slumped to record new lows as the Korean won crashed over the country's economic woes.
Fri, 12 Dec 1997, 00:00 WIB
Unocal finds Vietnam gas
Unocal finds Vietnam gas HANOI (AFP): A consortium including subsidiaries of U.S.-based Unocal Corporation and Mitsui Oil Exploration Co. of Japan have discovered natural gas offshore Vietnam, a Vietnamese oil official said yesterday. "This is a significant gas find," an official from PetroVietnam's Exploration and Development Department in Hanoi, told AFP. He declined to give further details pending a formal announcement.
Fri, 12 Dec 1997, 00:00 WIB
TV today
TV today TVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 TV Series: Tom and Jerry Kid 3:10 Children's Program: Tunas 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Students' Quiz: Cerdas Cermat 5:10 Documentary Film: Science World 5:30 Music: Paket 27 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country 6:15 Village Program 6:30 TVRI News 7:00 Evening News 7:35 Dynamic 8:05 TV Drama 9:00 World News 9:30 The Appreciation of Home Production 10:30 Late News 10:40 TV Drama:...
Fri, 12 Dec 1997, 00:00 WIB
Austrade to open its third Indonesian office in Medan
Austrade to open its third Indonesian office in Medan JAKARTA (JP): The Australian Trade Commission (Austrade) will open its third Indonesian office Wednesday. Bruce Wallace, Australia's Jakarta-based senior trade commissioner, said yesterday that the new office, located in Medan, would cover markets in Sumatra and adjacent islands. The new office would help Australian businesses tap growing business opportunities in Sumatra's provinces, he said.
Fri, 12 Dec 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.
Fri, 12 Dec 1997, 00:00 WIB
Utut moves into second round
Utut moves into second round JAKARTA (JP): Grandmaster Utut Adianto of Indonesia advanced to the second round of the FIDE World Chess Championships in the Dutch town of Groningen after defeating China's number one player GM Wang Zili Wednesday night, Antara reported. Playing black in the second game, he used the Karo Kann defense to deter Wang's ferocious attacks and win the tie 2-0.
Fri, 12 Dec 1997, 00:00 WIB
Mar'ie meets with American business
Mar'ie meets with American business WASHINGTON (AP): Indonesian Finance Minister Mar'ie Muhammad told American business leaders Wednesday that Indonesia is sticking by its program of financial change and will do whatever is necessary to restore confidence in its economy. After the Indonesian currency hit a record low Tuesday, Muhammad told the U.S.- ASEAN Business Council that the rupiah is very undervalued, according to a participant in the meeting.
Fri, 12 Dec 1997, 00:00 WIB
Financial turmoil hits fishing vessel imports
Financial turmoil hits fishing vessel imports JAKARTA (JP): Indonesian fishing companies can import only 230 used fishing vessels this year, less than the 320 vessels allowed by the government, according to the Association of Indonesian Fishing Companies (Gappindo). Sudwikatmono, the association's chairman, said yesterday that fishing companies were facing difficulties in paying for imported vessels due to the current monetary crisis.
Fri, 12 Dec 1997, 00:00 WIB
Prudent business management essential: Tunky
Prudent business management essential: Tunky JAKARTA (JP): Minister of Industry and Trade Tunky Ariwibowo urged local entrepreneurs yesterday to manage their businesses prudently in response to a less accommodating Indonesian economy. "Don't expect things to return to the way they were during the golden age," Tunky told members of the Chamber of Commerce of Industry (Kadin) at a panel discussion. The monetary turmoil, which has depreciated the rupiah's value by about 50 percent against the U.S.
Fri, 12 Dec 1997, 00:00 WIB
Manila slowly creeps out of IMF cage
Manila slowly creeps out of IMF cage By Jonathan Thatcher MANILA (Reuters): Just when the International Monetary Fund is putting Asia's tiger economies back in the cage, it is getting ready to let the one-time runt of the litter, the Philippines, roam alone in the woods. Philippine officials boast that their economy, once Asia's basket case, is in better shape than its neighbors after the ravaging of regional financial turmoil.
Fri, 12 Dec 1997, 00:00 WIB
Over 130 schools damaged in storms
Over 130 schools damaged in storms SEMARANG, Central Java: More than 130 elementary school buildings have been damaged by torrential rain since last month, Antara reported yesterday. Soekendro of the provincial education office estimated a financial loss of Rp 1 billion (US$281,700), and said that students had been forced to study in residents' houses and village halls. The provincial administration will assist the repair of schools in 18 regencies.
Fri, 12 Dec 1997, 00:00 WIB
The Listening Post
The Listening Post "Building English Skills Through Newspaper + Radio" Produced by American Language Center in cooperation with The Jakarta Post and Radio Sonora FM 100.9 Mhz * I went road-racing last Sunday at Sentul. It was the first time I've put on my leathers and carved it up with the "earholers" since I retired, in 1968. "Did you win, Uncle Byron?" an ALC student slyly asks, with a wink and a grin. Well, let's say that I didn't kill myself. I didn't even crash my ZXR-750R Kawasaki.
Fri, 12 Dec 1997, 00:00 WIB
Johor eyes more S'pore investment
Johor eyes more S'pore investment By David Chew SINGAPORE (JP): The South Malaysian state of Johor wants an influx of Singaporeans now that massive traffic jams along the causeway, which had discouraged them from patronizing it, have eased. The jams came about when the customs department made stringent checks on goods vehicles in late September to curb smuggling, false declarations and other transgressions.
Fri, 12 Dec 1997, 00:00 WIB
Stocks fall 4.8% as rupiah stabilizes
Stocks fall 4.8% as rupiah stabilizes JAKARTA (JP): Share prices on the Jakarta Stock Exchange plunged 4.8 percent yesterday from persistent regional weaknesses, while the rupiah stabilized close to the 4,400 level against the U.S. dollar, stockbrokers and dealers said. The exchange's composite index, the main gauge for local share prices, again dropped below the 400-point level yesterday. It lost 19.829 points to close at 396.108.
Fri, 12 Dec 1997, 00:00 WIB
Walhi regrets the killing of crocodile
Walhi regrets the killing of crocodile SAMARINDA, East Kalimantan: The Indonesian Environmental Forum (Walhi) regrets the killing of a rare giant crocodile (Crocodilus porosus) in Bulungan regency, a local Walhi official said here yesterday. Abrianto Amin said killing the crocodile did not solve any problems, including why crocodiles in the local habitat often attacked people. "It could be because its habitat has been disturbed," he was quoted by Antara as saying. On Dec.
Fri, 12 Dec 1997, 00:00 WIB
Japan offers $18b to ASEAN
Japan offers $18b to ASEAN TOKYO (AFP): Japan plans to offer trade insurance worth a total of US$18 billion to help private-sector projects improve infrastructure in ASEAN nations over the next five to six years, a report said yesterday. Prime Minister Ryutaro Hashimoto will announce the plan at a summit of the Association of Southeast Asian Nations (ASEAN) in Kuala Lumpur next week, Jiji Press said.
Fri, 12 Dec 1997, 00:00 WIB
ASEAN summit to discuss Myammar
ASEAN summit to discuss Myammar BANGKOK (DPA): Southeast Asian leaders will use the upcoming informal ASEAN summit in Kuala Lumpur to hash out their common stance on the "Myanmar issue", which has proven a thorn in ASEAN- EU relations, a senior Thai minister said yesterday. "At this meeting we will discuss all the important issues touching on ASEAN-EU Relations," said Thai Foreign Minister Surin Pitsuwan.
Fri, 12 Dec 1997, 00:00 WIB
Chandra Asri to shut plant
Chandra Asri to shut plant SINGAPORE (Reuters): Indonesia's PT Chandra Asri, the country's only olefin producer, is planning to shut its 520,000 ton per year ethylene cracking complex located in Cilegon, West Java for 10 days in July for maintenance, a company source said yesterday. But the source declined to give further details. Traders said that the plant had an unscheduled shutdown recently.
Fri, 12 Dec 1997, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Exhibitions * Painting Exhibition: Impressions of Indonesia by Hetty Ansing at the Nusantara Gallery, Jl. Arteri Raya, Paradiso Executive Complex, Central Jakarta, until Jan. 10. * Painting Exhibition: Nuansa Cakrawala, by Rieta Yoedho, A. Malik A., Emily D., Agus B, Effendi, at Hilton Executive Club, Jakarta Hilton Hotel, Jl. Gatot Subroto, South Jakarta, 9 a.m. to 8 p.m., until Dec. 15.
Fri, 12 Dec 1997, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 11, 1997: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 750 50 500 AHAP Insurance 625 0 0 Alter Abadi 400 0 0 Alumindo Light Metal 225 0 7,593,000 Alumindo Perkasa 275 0 0 Aneka Kimia Raya 800 25 191,500 Aneka Tambang 1,075 -125 1,784,500 Anwar Sierad 250 0 76,000 Apac Centertex Corp.