Indonesian Political, Business & Finance News

Archive: 21 February 1997

63 articles found

Gang fights now a trend?

Gang fights now a trend?From JayakartaGang fights among secondary high school students seem to have become a trend. The fights go so far that sometimes students wound and kill their foes.One day during the month of Ramadhan I saw a group of students carrying sickles, belts, stones and bamboo ready...

Legislators welcome security law plan

Legislators welcome security law plan JAKARTA (JP): The government's plan to introduce a national security law has been warmly welcomed by members of the House of Representatives, who want it to replace the outdated subversion law.

Nuclear debates through media

Nuclear debates through media JAKARTA: Members of the public concerned about the government's plan to establish a nuclear power plant should write to the mass media, a non-governmental organization said Wednesday.

Dairy cooperatives ready for free trade

Dairy cooperatives ready for free trade JAKARTA (JP): Indonesian dairy cooperatives, which produce most of the country's fresh milk, are optimistic local dairy farmers will survive when they must compete with foreign producers in 2005.

Armed robbery in Cikini

Armed robbery in Cikini JAKARTA (JP): Two armed men robbed yesterday Ibukota a gold and jewelry shop on Jl. Cikini Raya, Menteng, Central Jakarta, and made off with three gold bracelets, weighing 180 grams.

Soldier held for lending grenades to three civilians

Soldier held for lending grenades to three civilians JAKARTA (JP): Jakarta Military Commander Maj. Gen. Sutiyoso said yesterday the military police had arrested a soldier for "lending" grenades to civilians.

Squatter families to be resettled

Squatter families to be resettled PALANGKA RAYA, Central Kalimantan: More than 87,200 families of forest squatters in the province are to be resettled in the one-million-hectare peat moss area being developed into an agricultural project, Antara reported yesterday.

U.S. national deported

U.S. national deported JAKARTA (DPA): Indonesian authorities have deported a U.S. national for possessing pornographic pictures and working in the country without proper permit.Jack Gilbert West, 50, was deported Wednesday to Singapore aboard a state-run Merpati airplane, and "it is up to him to go...

S. Korean firms buy oil field

S. Korean firms buy oil field SEOUL (UPI): South Korea's Lg, Kumho and Hyosung Corp. have signed a sales and purchase agreement to buy a 50-percent share of an oil field in Oman, a spokesman said yesterday.

Surjadi confirms public are fed up with red tape

Surjadi confirms public are fed up with red tape JAKARTA (JP): Municipality officials should realize they are employed to help people because the public is fed up with red tape, Governor Surjadi Soedirdja said yesterday.

Kalimantan unrest is over, says Feisal

Kalimantan unrest is over, says Feisal JAKARTA (JP): Armed Forces Chief Gen. Feisal Tanjung said yesterday the bloody ethnic conflict in West Kalimantan was officially over since leaders of the warring parties had signed a peace treaty Tuesday.

Importers want longer customs law transition period

Importers want longer customs law transition period JAKARTA (JP): The Indonesian Importers Association reiterated its support for the 1995 customs law yesterday but asked for a longer transition period before it is fully enforced.

State firms to be privatized

State firms to be privatized JAKARTA (JP): The Ministry of Industry and Trade plans to privatize five of its eight commercial companies, a senior official said.Ministry secretary general Aidil Juzar said Wednesday the privatization program would be done through direct share placement, joint...

'Presidential decree vital for new transit system'

'Presidential decree vital for new transit system' JAKARTA (JP): Deputy Governor of Economic and Development Affairs TB. M. Rais reiterate his earlier statements by insisting yesterday that a presidential decree was needed before the three- level transit system is constructed.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 20, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 900 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 268,000 Alumindo Light Metal 1,275 -25 226,500...

Deng Xiaoping's legacy

Deng Xiaoping's legacy The eulogies from various world leaders, including President Soeharto, for China's paramount leader Deng Xiaoping, say it all. His demise Wednesday did not invoke as much grief and emotion in China as the death of his predecessor Mao Zedong 20 years ago, but for many people...

Fishermen return home

Fishermen return home SABANG, Aceh: Ten of the 11 Acehnese fishermen imprisoned on the Indian island of Andaman since September 1995 have been brought home by the Indonesian warships KRI Sultan Thaha Syaifuddin and KRI Pati Unus.

China's economic house looks sound

China's economic house looks soundBy Mure Dickie BEIJING (Reuter): The grand architect of Chinese reform is dead but the economic house built by Deng Xiaoping in the last 18 years of his life has sound foundations and is in no danger of tumbling, analysts and diplomats said yesterday.

Islamic values

Islamic values In the time I have spent in Indonesia, I have heard a lot about Western values conflicting with traditional Asian values. Many Asian countries, not just Indonesia, have been too quick to accept anything from the West without regard to its social consequences.

Turbulence before landing

Turbulence before landing I am writing in response to the letter Increasing problems in Indonesian skies (Feb. 6).The writer described an incident involving a Singapore Airlines (SIA) flight which encountered turbulence when approaching Sukarno-Hatta airport.

Where to go in Bali:

Where to go in Bali:Music and Entertainment * Grand Hyatt Bali, Nusa Dua: Poolside - Pasar Senggol, daily, 6.30 p.m. Kecak Dance, Friday and Tuesday, Legong Dance, Saturday and Wednesday, 7 p.m. Arjuna Wiwaha Dance, Sunday, 7 p.m.

Cement projects may be canceled over deadline

Cement projects may be canceled over deadline JAKARTA (JP): The government will revoke several cement making firm's investment licenses if the firms fail to start projects before next month's deadline, State Minister of Investment Sanyoto Sastrowardoyo said yesterday.

Megawati Soekarnoputri answers police summons

Megawati Soekarnoputri answers police summons JAKARTA (JP): Cheered by more than 1,000 supporters, ousted leader of the Indonesian Democratic Party (PDI) Megawati Soekarnoputri answered a police summons yesterday to appear as a witness in the Haryanto Taslam case.

Illegal liquor found in supermarket raids

Illegal liquor found in supermarket raids JAKARTA (JP): Illegal importers are believed to have been supplying many kinds of liquor to supermarkets, despite the government's efforts to curb the sale of it.

Where to go in Surabaya:

Where to go in Surabaya:Music and Entertainment * Elmi Hotel, Jl. Panglima Sudirman No. 42-44: - Qemi Club: Karaoke, daily, 8 p.m. to 10.30 p.m., Disco, daily, 12.30 a.m. to 3 a.m., Puri R and Dankdut Group, Sunday, 10.30 p.m. to 12.30 a.m., Master Band, Monday and Wednesday, 10:30 p.m. to 12:30 a.

Indonesia pays nothing for big Busang share

Indonesia pays nothing for big Busang share TORONTO (Reuter): Bre-X Minerals Ltd. Chief Executive David Walsh has confirmed his company, which once owned 90 percent of the Busang gold deposit in East Kalimantan, received no cash compensation for giving up an additional 30 percent of Busang to its...

Laos, Indonesia promise to boost economic ties

Laos, Indonesia promise to boost economic ties JAKARTA (JP): Indonesia and Laos expressed their commitment to expand economic ties yesterday and confidence that bilateral relations would continue to grow given the absence of any impeding factors.

BUN to open 40 new branches this year

BUN to open 40 new branches this year JAKARTA (JP): Publicly listed Bank Umum Nasional (BUN) will open 40 new branches this year to strengthen its retail services.BUN president Leonard Tanubrata said yesterday most of the branches would be in Java.

ABRI to probe West Kalimantan rioting impartially

ABRI to probe West Kalimantan rioting impartially JAKARTA (JP): The military is promising to act impartially in its investigation into the alleged instigators of the ethnic unrest in West Kalimantan.Armed Forces Sociopolitical Affairs Chief Lt. Gen.

KL investors eye Jambi province

KL investors eye Jambi province JAMBI (Antara): A number of Malaysian businessmen are at present exploring investment possibilities in Jambi in the cement industry and in the management of rubber smallholdings, an official of the Jambi administration has said.

'Multiple Education Program not fully implemented yet'

'Multiple Education Program not fully implemented yet' JAKARTA (JP): Minister of Education and Culture Wardiman Djojonegoro said the Multiple Education Program, which provides students with apprenticeship opportunities, was "a bottle that is half full".

Election contestants may criticize government: Yogie

Election contestants may criticize government: Yogie SURABAYA (JP): General election contestants will be allowed to criticize the government in campaign broadcasts, a senior minister said yesterday.Minister of Home Affairs Moch. Yogie S.M.

'It's hard to move a brothel'

'It's hard to move a brothel' JAKARTA (JP): The city administration is still uncertain about where to relocate the sex workers of the notorious red light district Kramat Tunggak in North Jakarta.The city secretary in charge of social affairs, Soenarjudardji, said yesterday it was not easy to decide...

Indonesia tested by Thailand in Asia Cup

Indonesia tested by Thailand in Asia Cup JAKARTA (JP): Indonesia was tested by Thailand yesterday on the second day of the A King Asia Cup Championships at the Senayan Indoor Tennis Stadium before finally winning 3-0.Chinese Taipei also cruised to the semifinals after beating India 3-0.

People's incomes 'considered in parking fee hike'

People's incomes 'considered in parking fee hike' JAKARTA (JP): People's ability to pay will be taken into account in passing a new rule on parking fees, Governor Surjadi Soedirdja said yesterday.After attending a ceremony to install security officers for May's general election, Surjadi said the...

'Environmental law should be revised'

'Environmental law should be revised' JAKARTA (JP): Attorney General Singgih proposed yesterday that the 1982 law on environmental management should be revised because it demands material evidence that prosecutors are rarely able to provide.

Local exchanges sign MOU with ASX

Local exchanges sign MOU with ASX JAKARTA (JP): Indonesia's capital market should expand cooperation with developed markets in the Asia-Pacific, Indonesian Capital Market Supervisory Board (Bapepam) chairman I Putu Gede Ary Suta said yesterday.

Restart of Hanbo probe demanded

Restart of Hanbo probe demanded SEOUL (Reuter): South Korea's main opposition demanded yesterday a new probe into a loan scandal involving the failed Hanbo Steel Co, lashing out at state prosecutors for what it called a "disappointing" investigation.

RP poised to quit IMF supervision

RP poised to quit IMF supervision MANILA (AFP): The Philippines is ready to exit from more than three decades of economic supervision by the International Monetary Fund (IMF), the IMF and the government said here yesterday.

China mourns Deng Xiaoping

China mourns Deng Xiaoping BEIJING (Agencies): Peacefully and calmly, China yesterday began mourning for Deng Xiaoping, the paramount leader who lifted the world's most populous nation out of rank poverty and put it on course to become an economic superpower.

Semiotic analysis of recent riots

Semiotic analysis of recent riotsBy Asvi Warman Adam JAKARTA (JP): On Jan. 27 rioters set fire to the Tanah Abang district office in Central Jakarta. The incident began at 7 a.m. after 20 city law enforcement officers and 10 military personnel asked sidewalk traders to move to the market building...

Hawkers, beware!

Hawkers, beware!From PelitaHawkers operating at bus terminals and road junctions are increasing. The bus terminal in Bekasi, West Java, is no exception. A significant increase of hawkers offering all kinds of goods such as drinking water, newspapers and watches, are evident.

Insurers and brokers agree to fix fees

Insurers and brokers agree to fix fees JAKARTA (JP): Insurance companies and brokers have agreed to decide the level of brokerage fees on fire loss insurance and premium discounts in a bid to stabilize the market, an industry executive said yesterday.

PaySys, Elang tie up

PaySys, Elang tie up JAKARTA (JP): Credit card management software firm PaySys International Inc. has selected PT Elang Mahkota Komputer (Emkom) to distribute PaySys' VisionPLUS software in Indonesia.PaySys president Stephen B.

French minister due here

French minister due here JAKARTA (JP): A French economic delegation, comprising officials and 30 business people led by Minister of Public Works, Housing, Transport and Tourism Bernard Pons, will begin a four- day visit to Indonesia tomorrow.

Possible political backlash endangers liberalization

Possible political backlash endangers liberalization JAKARTA (JP): Weakening government credibility and a possible political backlash could endanger Indonesia's trade and investment liberalization in the Asia Pacific Economic Cooperation (APEC) forum, an analyst warned yesterday.

Pedestrian bridge

Pedestrian bridgeFrom PelitaThe pedestrian bridge on Jl. Pasar Minggu Raya, which was completed only two years ago, is not effectively utilized. This is because the bridge is not located at a convenient place for people to cross the road.

Hospital seminar to be held

Hospital seminar to be held JAKARTA: A two-day seminar on "proactive" hospitals is to be held at Lippo Karawaci hospital next week to discuss ways of developing accessible and effective public medical care, a Ministry of Health official said yesterday.

ABRI asks NGOs to act as govt partners

ABRI asks NGOs to act as govt partners JAKARTA (JP): Armed Forces Sociopolitical Affairs Chief Lt. Gen. Syarwan Hamid asked non-governmental organizations (NGOs) yesterday to act as the government's partner in development.

RI sends condolences over Deng's passing

RI sends condolences over Deng's passing JAKARTA (JP): President Soeharto expressed yesterday his deepest condolences on behalf of the Indonesian nation at Deng Xiaoping's death, and hoped China's current leaders would continue the prudent domestic and international policies laid down by the late...

Prosecutor wants trial of Zarina to go on

Prosecutor wants trial of Zarina to go on JAKARTA (JP): A state prosecutor urged the West Jakarta District Court yesterday to go on with its trial of Zarina, a budding TV actress, charged with producing, possessing, and distributing 29,677 Ecstasy pills, and ignore the defense lawyers' objections.

Global trade on ASEAN business meeting agenda

Global trade on ASEAN business meeting agenda JAKARTA (JP): Linking Global Business Partners will be the theme of the First ASEAN Business Summit from March 11 to March 13 at the Jakarta Convention Center.

Udin's story in print

Udin's story in printFrom RepublikaAt last, a book about Udin has been published under the title Udin a journalist, report prior to his death. For two months a team of writers consisting of Mega Simarmata (Ramako Radio), Noorca M.

Manila, rebels set date for talks

Manila, rebels set date for talks MANILA (DPA): The Philippine government and the communist National Democratic Front (NDF) have set a date for the resumption of their peace negotiations following the release of a captured guerrilla commander, authorities said yesterday.

Where to go in Jakarta:

Where to go in Jakarta:Music * Mandarin Oriental Jakarta, Jl. MH Thamrin, Central Jakarta: - Chequers; The World Premier Band from USA, daily (except Sunday), 9 p.m. to 1 a.m. * Millennium Sirih Jakarta, Jl. Fachrudin 3, Jakarta: - The Lobby Lounge; Sahata Group, daily, 7 p.m. to 10.30 p.m.

France eyes RI's cellular project

France eyes RI's cellular project JAKARTA (JP): France Telecom, the French telecommunications operator, plans to participate in the tender for the Personal Communication Network (PCN) expected to be held later this year.PCN is the next generation of digital cordless telephone systems.

Judge approves force to summon YLBHI chief

Judge approves force to summon YLBHI chief JAKARTA (JP): The Central Jakarta Court sanctioned the use of force yesterday to bring Bambang Widjojanto, the chairman of the Indonesian Legal Aid Foundation (YLBHI), to court to testify in a subversion trial.

Art Event

Art EventHe(art) at Galeri Teguh, Jl. Gaharu I/3, South Jakarta, Ph. 7656565Feb. 14 until March 14In conjunction with Valentine's Day, 10 artists have reinterpreted what love is all about. Most are still trapped in the symbolism of the heart.

Traffic accidents

Traffic accidentsFrom Bisnis IndonesiaThe absence of pedestrian bridges is one of the major causes of traffic accidents. A pedestrian risks their life when crossing the road. For example, road accidents often take place near the exit gate of the toll road in Kebon Nanas, Tangerang.

Idul Fitri compensation

Idul Fitri compensation SURAKARTA, Central Java: The state-owned insurance company PT Jasa Raharja has compensated relatives of 480 people who died in traffic accidents across Indonesia during the recent Idul Fitri holidays.Company operations director Suhaimi Pulungan gave out Rp 961.

TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Animated Classic 3:05 Teenagers' Program: Remaja Indonesia 3:30 TV Series: Emergency Call 4:00 News: Lintasan Berita 4:05 Comedy: Situasi 4:30 Student's Quiz: Cerdas Cermat 4:55 Filler 5:00 Regional News 5:30 Culture Program: Lingkar Budaya...

Busang brings happy outcome

Busang brings happy outcome After a deadline was imposed by the government, the fight for the huge Busang gold reserves was concluded. The outcome has satisfied the various parties which had been quite critical in their comments on the contest for control of the treasure.

ASEAN firms must cooperate for free tarde

ASEAN firms must cooperate for free tarde JAKARTA (JP): The private sectors of the Association of Southeast Asian Nations (ASEAN) should forge cooperation to benefit from the free trade in the region, an Indonesian executive has said.Setyanto P.