Indonesian Political, Business & Finance News

Archive: 24 February 1997

52 articles found

Bank Bira awarded for best investment bank

Bank Bira awarded for best investment bank JAKARTA (JP): Hong Kong-based Finance Asia magazine has presented Indonesia's publicly-listed Bank Bira an award for the "best domestic investment bank" in the Asia Pacific region.

Grand reception for badminton king, queen

Grand reception for badminton king, queenJP/byi JAKARTA (JP): The wedding reception for Indonesia's badminton king and queen and Olympic gold medalists Alan Budikusuma and Susi Susanti drew more than 2,000 guests to the Gran Melia Hotel last night.

Eight injured in chain collision

Eight injured in chain collision JAKARTA (JP): One person was seriously injured and seven others slightly injured in a chain collision involving four vehicles on the Jakarta-Cikampek toll road Saturday.

RI and Australia agree to economic cooperation

RI and Australia agree to economic cooperation JAKARTA (JP): Members of the Australia-Indonesia Development Area (AIDA) business forum have agreed on a package of economic cooperation to develop Indonesia's eastern provinces and the Australian continent.

New parking fee plan unrealistic

New parking fee plan unrealisticFrom PelitaDKI's plan to hike present parking fees by 1,000 percent has made news recently in most media. In my opinion, the increase is too steep and wholly inconsistent with the country's economic circumstances, which still lags far behind that of advanced nations.

Hotel room rate incorrect

Hotel room rate incorrect The management of Hotel Patra Jasa Semarang would like to refer to THIS ODD WORLD, Irish couple make new world record, of Feb. 19, 1997.The room rate stated in this article is absolutely incorrect and we never gave any information concerning this.

Riot-hit Ambeno returns to normal

Riot-hit Ambeno returns to normalBy Lourenco Vicente Martins AMBENO, East Timor (JP): Peace returned to this enclave yesterday after it was rocked by a riot Friday, though the fate of 329 people left homeless remains uncertain.Ambeno military district commander Lt. Col.

Another Nigerian held for fake bills

Another Nigerian held for fake bills JAKARTA (JP): Police arrested a Nigerian man Saturday at 9:45 p.m. for possessing counterfeit dollars with a face value of US$2,000, one day after another Nigerian was arrested on the same charges.

Suing Gus Dur a big mistake

Suing Gus Dur a big mistakeFrom MerdekaAbout in the middle of the fasting month Ramadhan, Abdurrahman Wahid, better known as Gus Dur, was reported to be threatened with defamation due to comments he made during a discussion.

Three fires over weekend

Three fires over weekend JAKARTA (JP): Three fires broke out yesterday in Central and East Jakarta, destroying dozens of homes, most of which were plywood shacks.In Petamburan, 20 shacks were razed and many more destroyed by residents to prevent the flames from spreading.

Amien tenders resignation from ICMI council post

Amien tenders resignation from ICMI council post JAKARTA (JP): Amien Rais, chief of the experts council of the Association of Indonesian Moslem Intellectuals (ICMI), has tendered his resignation from his post at the influential organization, citing his heavy schedule at the Muhammadiyah Moslem...

Soeharto returns home satisfied after 3-nation tour

Soeharto returns home satisfied after 3-nation tour JAKARTA (JP): President Soeharto upon arriving home yesterday expressed satisfaction with his trip to Cambodia, Laos and Myanmar, and hailed the tremendous potential of a 10-member ASEAN and its combined population of 500 million.

Motorists doubt stickers will ease congestion

Motorists doubt stickers will ease congestion JAKARTA (JP): Motorists said yesterday they were not against the plan to introduce monthly stickers for entering three-in-one areas during rush hours, but were not sure the scheme would help ease traffic congestion in the city.

Share expected to go flat after reaching their peak

Share expected to go flat after reaching their peak JAKARTA (JP): Trading on the Jakarta Stock Exchange (JSX) is expected to go flat this week because investors are waiting for announcements from the listed companies' annual financial results and new initial public offerings (IPOs).

Economists call for better customs services

Economists call for better customs services JAKARTA (JP): Economist Anwar Nasution has suggested the Directorate General of Customs and Excise win people's trust by providing better services than state-owned PT Surveyor Indonesia.

ABRI told to stick to 'Dwifungsi'

ABRI told to stick to 'Dwifungsi' YOGYAKARTA (JP): A senior statesman called on the Armed Forces (ABRI) Saturday not to expand its Dwifungsi, or dual function in defense and politics, to "multifunction".

Sri Lanka determined to host rugby match

Sri Lanka determined to host rugby match COLOMBO (AFP): Sri Lanka has sought the help of its rugby world cup rival Singapore following claims by match organizers that Colombo was unsafe for their match, officials here said yesterday.

Pelni to open new route

Pelni to open new route KUPANG, East Nusa Tenggara (JP): State-owned oceanliner PT Pelayaran Indonesia (Pelni) will link Kupang, West Timor and Darwin, Australia, next May with the 2,000-passenger ship Lambelo.

Eleven arrested in drug crackdowns

Eleven arrested in drug crackdowns JAKARTA (JP): Police arrested nine university students and two drug peddlers in two crackdowns Saturday in Central Jakarta and seized 15 grams of heroin, 350 Ecstasy pills and a small amount of morphine.Central Jakarta Police Chief Lt. Col. M.

National Timor cars dominate domestic auto market

National Timor cars dominate domestic auto market JAKARTA (JP): Domestic vehicles sales totaled 29,830 last month, up 4.1 percent from the 28,645 sold in the same month last year, with "national" Timor cars topping the list for passenger cars.

Ujungpandang investment

Ujungpandang investment JAKARTA (JP): PT Kawasan Industri Makassar (Kima) is inviting foreign and domestic investors to set up industrial plants in its industrial estate in Ujungpandang, South Sulawesi.

Election campaign won't be used to bully: Harmoko

Election campaign won't be used to bully: Harmoko JAKARTA (JP): Ruling political group Golkar had promised not to turn the upcoming election campaign into an arena to bully other contestants.Chairman Harmoko appealed to all Golkar cadres to promote a cool and serene atmosphere during the official...

Congestion on Ciledug highway

Congestion on Ciledug highwayFrom PelitaThe Ciledug highway in Tangerang, West Java, grows worse everyday. Vehicles to and from Ciledug during peak hours often pile up for two or three kilometers. It is no surprise, therefore, that daily commuters suffer from stress and frustration because of...

Ransom asked for engineer's release

Ransom asked for engineer's release ZAMBOANGA, Philippines (AFP): A government engineer was kidnapped by Moro rebels last week in a coastal town north of this southern Philippine city, reports received by police yesterday said.

Journalists trained in East Timor

Journalists trained in East Timor DILI, East Timor: One hundred and four journalists and public relations officials from Indonesia's 27th province of East Timor joined a three-day training program which started here last Thursday.

Delayed tax refunds

Delayed tax refunds Minister of Finance Mar'ie Muhammad's admission of the large amount of tax-refund arrears at the Directorate General of Tax once again demonstrates how a well-designed incentive to promote exports often turns out to be meaningless due to extremely inadequate and inefficient...

Do not generalize about newcomers: Expert

Do not generalize about newcomers: Expert JAKARTA (JP): A criminologist has said only a minority of the newcomers to the capital are likely to end up as criminals.Harkristuti Herkrisnowo said it would take newcomers a relatively long time to become criminals.

Racial issue not new in Australia

Racial issue not new in AustraliaBy Kristanyo Hardojo JAKARTA (JP): It has been more than a quarter of a century since Australia formally buried its "White Australia" policy, the infamous attempt to attract European-only immigrants.

U.S. firm to manage star hotel in Bali

U.S. firm to manage star hotel in Bali JAKARTA (JP): The United States-based hotel chain, Country Inns and Suites by Carlson is to operate and manage the star- rated Bukit Nusa Hotel in Bali.The license and management agreement was signed recently by the American hotel chain's Indonesian...

Museum to be renovated

Museum to be renovated DENPASAR, Bali: The Puri Ubud Painting Museum, 40 km east of here, is in need of massive renovation in order to continue functioning as a prestigious cultural spot, museum director Tjokorda Raka Kertyasa said here Saturday.

PPP asks ulemas to reach political consensus

PPP asks ulemas to reach political consensus JAKARTA (JP): The United Development Party (PPP) asked ulemas from all the three political groups yesterday to convene before the May 29 general election in order to reach political consensus.

Plug leaks first

Plug leaks first Managing the business of parking in Indonesia's big cities is like trying unravel a knot of tangled yarn. So many cars park in parking lots every day, and yet the revenue earned by the city administration, which manages the business, constantly falls short of target.

Sigit and Chandra aim for records set by senior players

Sigit and Chandra aim for records set by senior playersBy Primastuti Handayani JAKARTA (JP): With four Grand Prix titles to their names, the current World No. 1 men's doubles Sigit Budiarto and Chandra Wijaya of Indonesia still feel they are a shadow of their senior compatriots and 1996 Olympic...

More hotels in Ambon

More hotels in Ambon AMBON, Maluku (JP): An Ambon-based joint venture company has a plan to build a three-star hotel under a foreign investment scheme here with a total investment of Rp 120 billion (US$50.8 million), a business executive said here on Saturday.

Shipping sector to be revamped

Shipping sector to be revamped JAKARTA (JP): Minister of Finance Mar'ie Muhammad promised last week to make "structural deregulations" to the shipping sector so it could contribute more to the country's economy.

Hundreds of dog breeds shown at Pantai Mutiara

Hundreds of dog breeds shown at Pantai Mutiara JAKARTA (JP): Hundreds of breeds were shown in a one-day dog show yesterday sponsored by the All Indonesian Kennel Club and Dharmala Intiland, the club's spokesman said yesterday at Pantai Mutiara, North Jakarta.

Exporters target ASEAN markets

Exporters target ASEAN markets JAKARTA (JP): Exporters in Asia, Australia and New Zealand will target members of the Association of Southeast Asian Nations (ASEAN) as main export destinations for at least one year, a survey concluded.

Ayala gets water contract

Ayala gets water contract MANILA (Reuter): The Philippines awarded contracts for Manila's water distribution to two groups led by Ayala Corp and Benpres Holdings Corp, state-agency Metropolitan Waterworks and Sewerage System (MWSS) said on Saturday.

Fires leave nearly 6,000 homeless in two months

Fires leave nearly 6,000 homeless in two months JAKARTA (JP): Fires in January and February left 5,973 city people homeless. Four thousand of those lost homes in two fires in the Kelapa Gading district, North Jakarta.The fire department recorded 5,701 homes lost in 35 fires up to Feb.

Four more companies join KualiVa

Four more companies join KualiVa JAKARTA (JP): Four companies joined KualiVa, a business alliance that promotes the member firms' products and services by offering savable discounts, on Saturday.The agreements on the KualiVa membership were signed here by eight members of KualiVa's executive...

Prosecutors urged to begin Udin trial

Prosecutors urged to begin Udin trial SEMARANG (JP): Senior law expert Muladi urged prosecutors in Yogyakarta Saturday to begin the trial of the man suspected by police of murdering journalist Fuad Muhammad Syafruddin, better known as Udin.

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.

Indonesia beats Malaysia to win Asia Cup c'ship

Indonesia beats Malaysia to win Asia Cup c'ship JAKARTA (JP): The old badminton rivalry between Indonesia and Malaysia was on display yesterday as the two met at the A King Asia Cup championship finals at Senayan Tennis Indoor Stadium.

Govt to regreen barren land

Govt to regreen barren land PONOROGO, East Java: The administration will regreen 21,000 ha of barren land in Ponorogo under a regreening program to be launched by the forestry ministry at the end of this month, Antara reported.

Peter is dead

Peter is dead Peter lay in a coma for a week. First in Denpasar, in Bali Public Hospital's intensive care unit for three days until his friend found him, provided an identity and had him flown to Singapore's state-of-the-art medical facilities.

Accor plans more hotels in RI

Accor plans more hotels in RI JAKARTA (JP): Accor Asia Pacific Corporation, one of the world's leading hotel management firms, plans to expand its Indonesian network to 25 star-rated hotels with some 6,000 rooms by the end of this year.Company president in Indonesia, Marc A.

How to create masks with Magic Wand tools

How to create masks with Magic Wand toolsBy Zatni Arbi JAKARTA (JP): In the world of computer-graphics design, the mask is as important and essential a tool as it is in the world of politics.In CorelPHOTO-PAINT, Adobe Photoshop and other graphics image editing programs, the masks are perhaps one of...

Soeharto will inaugurate dam

Soeharto will inaugurate dam SERANG, West Java: President Soeharto is scheduled to inaugurate Pamayaran dam here next month, Antara reported over the weekend.The news agency quoted Budi Soesilo, project officer of the dam development, as saying the new dam would replace the old one which had for...

RI to rake in US$8.6 billion from services

RI to rake in US$8.6 billion from services JAKARTA (JP): Minister of Finance Mar'ie Muhammad has projected that Indonesia will rake in $8.6 billion in foreign exchange from the services sector next fiscal year, mostly from tourism, air freight and workers remittances.

Nuclear plant still a long way from reality: Sarwono

Nuclear plant still a long way from reality: Sarwono JAKARTA (JP): Talk of a nuclear power plant in Indonesia is premature, State Minister of Environment Sarwono Kusumaatmadja said Saturday.He said the country still had many other energy options, and that there were legal impediments to building a...

TV today

TV todayTVRI 2:30 p.m. Travel Program: My Country 2:35 TV Series: Buck Rogers 3:05 Children's Program: Anak Anak Indonesia 3:30 TV Series: Fresh Prince of Bell Air 4:05 Science Film: Switzerland by Train 4:30 Educational Quiz: Cepat Tepat 5:00 Regional News 5:25 My Country 5:30 Health Program:...

Beeper operators find new users elusive

Beeper operators find new users elusive JAKARTA (JP): Radio paging operators face various challenges to increase the number of subscribers due to the inferior image of beepers and poorly maintained pay phones, according to telecommunications executives.