Archive: 5 February 1997
56 articles found
Wed, 05 Feb 1997, 00:00 WIB
RI top pair trains for NEC Cup
RI top pair trains for NEC Cup JAKARTA (JP): Indonesia's top bridge pair of Henky Lasut and Eddy Manoppo is getting ready for the NEC Cup Bridge Tournament in Japan from Feb. 8 to Feb. 16. "The tournament is a warm up for us to prepare for the Asia Pacific bridge championship in Hong Kong in May. The championship will be a do-or-die performance for us before the Bermuda Bowl in Tunisia in October," Henky said yesterday. Henky said that he and his veteran partner would do their best in Japan.
Wed, 05 Feb 1997, 00:00 WIB
Governor Patten in Singapore
Governor Patten in Singapore SINGAPORE (Reuter): Hong Kong Governor Chris Patten flew into Singapore yesterday at the start of a brief holiday in Southeast Asia. "It's a holiday," he said as he left a fashionable restaurant where he and his family were having lunch. He declined to discuss details of his trip. Singaporean sources said Patten was due to leave the city- state later yesterday for an eight-day holiday in Indonesia.
Wed, 05 Feb 1997, 00:00 WIB
19 track and field athletes go to Australia
19 track and field athletes go to Australia JAKARTA (JP): Nineteen track and field athletes and seven officials left Indonesia on Monday to train in Sydney, Australia, for a month. Two more athletes will depart for Australia on Feb. 20. The SEA Games track and field training director Tigor M Tanjung told The Jakarta Post that the 19 athletes had passed fitness and medical tests in December. The training stint aims to boost the athlete's competitive spirit and condition them for competitions.
Wed, 05 Feb 1997, 00:00 WIB
Jakartans told to use additional bus terminals
Jakartans told to use additional bus terminals JAKARTA (JP): Governor Surjadi Soedirdja called on Jakartans going home for Idul Fitri to leave from the city's temporary bus terminals instead of thronging the four main terminals. He reminded travelers yesterday the city had set up 15 temporary bus terminals to accommodate passengers.
Wed, 05 Feb 1997, 00:00 WIB
PT Telkom to run multimedia trial operation
PT Telkom to run multimedia trial operation JAKARTA (JP): State telecommunications carrier PT Telkom will launch the trial operation of its multimedia services later this year before operating the facility commercially in 1998, an executive said yesterday. Telkom's greater Jakarta general manager Guntur Siregar said during a breaking of the fast gathering at the Ministry of Tourism, Post and Telecommunications Monday that the trial operation would focus on Central Jakarta.
Wed, 05 Feb 1997, 00:00 WIB
General says Pontianak calm following riots
General says Pontianak calm following riots JAKARTA (JP): Pontianak and West Kalimantan are under control and there is no curfew, Armed Forces Spokesman Brig. Gen. Amir Syarifuddin said yesterday. "We did not order a curfew there, we just appealed to local residents not to leave their homes between 9:00 p.m. and 5:00 a.m.," he said. Amir questioned Malaysia's policy of closing its border over fears that the rioting would spill over into Sarawak.
Wed, 05 Feb 1997, 00:00 WIB
Main Asian coffee producers to boost consumption
Main Asian coffee producers to boost consumption NUSA DUA, Bali (Reuter): Leading coffee producers in Asia and the Pacific will seek to boost consumption of the beverage as per capita incomes in the fast-growing region rise, an Indonesian official said yesterday.
Wed, 05 Feb 1997, 00:00 WIB
Garuda pilot in Dutch detention
Garuda pilot in Dutch detention From Suara Karya On Jan. 25 Suara Karya reported the experience of Garuda pilot Muhammad Said who was invited for a drink by a person named Sheik in the hotel where the pilot was staying. I would like to make some points regarding this. 1. Muhammad Said, who I believe is a Moslem, already digressed by taking an alcoholic drink. He consumed five cans of beer and became dizzy. His host gave him medicine to carry, later known to be Ecstasy.
Wed, 05 Feb 1997, 00:00 WIB
Pileup claims four lives
Pileup claims four lives JAKARTA (JP): Four people were killed and nine others seriously injured in a five car pileup on the Tangerang-Merak toll road Sunday. Police sources said the victims were Henki, 21, Venny, 44, Joseph Sumolang, 45, and his daughter Dewi, 2. All were Jakarta residents, Antara reported. Those injured were Noorca Ningsih, 30, Mrs. Musopi, 70, Doni Sumolang, 17, Ubay, 12, Novi Hendri, 20, Irwan, 37, Hermanto Wijaya, 35, Tuharjo, 45, and Een Martiningsih, 35.
Wed, 05 Feb 1997, 00:00 WIB
Cificorp secures loans
Cificorp secures loans JAKARTA (JP): Bank Umum Servitia and Bank Tamara have provided PT Citra International Finance and Investment Corporation (Cificorp) with a Rp 45 billion (US$18.9 million) syndicated revolving underwriting facility. Servitia announced yesterday the term of the facility was three years with a put option at the end of two years.
Wed, 05 Feb 1997, 00:00 WIB
Tambang Timah's net profits jumps 16.4%
Tambang Timah's net profits jumps 16.4% JAKARTA (JP): Publicly listed tin mining company PT Tambang Timah announced yesterday a 16.4 percent increase in its net profit to Rp 156.6 billion (US$65.3 million) last year from Rp 134.5 billion in 1995, or an increase to Rp 311 a share from Rp 267 a share. PT Tambang president Erry R. Hardjapamekas said the increase was mainly because of a rise in sales volume and a drop in production costs.
Wed, 05 Feb 1997, 00:00 WIB
TBBA raises coal output
TBBA raises coal output JAKARTA (JP): PT Tambang Batubara Bukit Asam (TBBA), the state coal mining company, plans to increase coal production this year by 23 percent to about 11.5 million tons from 9.29 million tons last year. Company president R. Sunardi said the production increase was necessary to meet rising demand both at home and overseas.
Wed, 05 Feb 1997, 00:00 WIB
Merapi's cold lava hazardous
Merapi's cold lava hazardous SLEMAN: The authorities have closed the Boyong River to sand quarriers because of fears of a major lava flood from Mt. Merapi, which erupted on Jan. 17. However the regent is allowing traditional quarriers who collect sand with rudimentary equipment, such as hoes, to continue their activities because they should be able to escape if a flood does occur.
Wed, 05 Feb 1997, 00:00 WIB
Containing money laundering
Containing money laundering By K. Basrie JAKARTA (JP): An executive of the International Narcotics Control Board (INCB) has called on Indonesia to soon establish a law against money laundering to strike at crimes related to narcotics and psychotropic substances. Visiting INCB president Dr.
Wed, 05 Feb 1997, 00:00 WIB
City hotels offer religious spirit, relaxing moments
City hotels offer religious spirit, relaxing moments By Stevie Emilia JAKARTA (JP): Most people would prefer to break their fast at home with their families, but there are times when they cannot make it. This is where hotels step in, offering guests home-style dishes or special menus. The fasting month and Idul Fitri are opportunities for the hotel industry to be innovative in attracting a Moslem clientele.
Wed, 05 Feb 1997, 00:00 WIB
USA wins bridge
USA wins bridge By Djanwar Madjolelo JAKARTA (JP): The USA won the Women's 1996 World Bridge Olympiad on Rhodes, Greece, thanks to its team of Gail Greenberg, Jill Blanchard, Irina Levitina, Juanita Chambers, Lynn Deas and Shawn Quinn. Non-playing captain Eddie Wood and team coach Bob Morris lent them support. Irina Levitina became the first person to be a world champion in both bridge and chess. She won three gold medals for Russia in the Women's Chess Olympiad from 1972 to 1984.
Wed, 05 Feb 1997, 00:00 WIB
200 trademark owners lose their rights
200 trademark owners lose their rights JAKARTA (JP): The Indonesian Trademark Office has denied to process about 200 trademark applications from industrial countries because of a new requirement imposed suddenly last week by the director general of copyrights, patents and trademarks, a noted patent lawyer said yesterday. Lawyer J.B. Lumenta, of Amroos Law Consultants, said an instruction issued by the director general on Jan. 29 and effective Feb.
Wed, 05 Feb 1997, 00:00 WIB
RP hotel decree may scare investors
RP hotel decree may scare investors By Mynardo Macaraig MANILA (AFP): The Philippines has delivered a series of blows to foreign investor confidence, culminating in a court ruling this week against the sale of a historic hotel to a Malaysian company, analysts say. The Philippine Supreme Court Monday declared void the sale of a 51 percent stake in the Manila Hotel to Malaysia's Renong Overseas Corp. Sdn. Bhd.
Wed, 05 Feb 1997, 00:00 WIB
Lehman gives '1-buy' rating to BDNI
Lehman gives '1-buy' rating to BDNI JAKARTA (JP): Global investment bank Lehman Brothers has assigned a '1-buy' rating to PT Bank Dagang Nasional Indonesia (BDNI) on the grounds of its bright performance outlook. Lehman Brothers Asia bank analyst Raymond Lee said yesterday the recommendation was based on significant improvements in the bank's performance which were expected to boost earnings by 70 percent this year.
Wed, 05 Feb 1997, 00:00 WIB
Military content with media's riots coverage
Military content with media's riots coverage JAKARTA (JP): The Armed Forces (ABRI) announced yesterday the media coverage of the recent riots is still within tolerable limits but warned the media often overexpose individual incidents. ABRI Sociopolitical Affairs Chief Lt. Gen. Syarwan Hamid said the media coverage has contributed positively to the campaign to improve people's awareness of the need for interreligious harmony.
Wed, 05 Feb 1997, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Music * Dai-ichi Hotel, Jl. Senen Raya 135, Central Jakarta: - Morgan's 1072 Classic Disco: - Boombastic Band, Saturday, 9.30 p.m. to 1 a.m. - Smart Band, Wednesday, 9 p.m. to 12.30 a.m. - Rhythim Nine Band, Thursday, 9 p.m. to 12.30 a.m., Saturday, 9.30 p.m. to 1 a.m. - Acid Speed Band, Friday. at 9 p.m. to 12.30 a.m. * Dusit Mangga Dua, Jl. Mangga Dua Raya, Jakarta: - Equinox: VOX-B Band, Monday to Thursday, at 9 p.m to 2 a.m., Friday to Saturday, at 9 p.m.
Wed, 05 Feb 1997, 00:00 WIB
The biggest taxpayers
The biggest taxpayers There are not many surprising entries to the list of Indonesia's 200 biggest individual and corporate taxpayers for 1995, as announced by Tax Director General Fuad Bawazier Sunday. Most of them, especially those in the top 100 taxpayers for both categories, are familiar at least to the general public who periodically peruse the business pages of newspapers. Many of the names in the top individual taxpayer list are related to those included in the corporate taxpayer list.
Wed, 05 Feb 1997, 00:00 WIB
Managing our growing population
Managing our growing population One of the estimated 8,128 babies born yesterday (Tuesday) will be officially declared Indonesia's 200 millionth citizen. However, the presence of our 200 millionth citizen is not an unconditional blessing. It alerts us to a possible coming population explosion plus all the ecological and social implications which it brings. At present, Indonesia has about 194 million hectares of arable land.
Wed, 05 Feb 1997, 00:00 WIB
Reduction of invisible cost called for
Reduction of invisible cost called for JAKARTA (JP): Indonesia's competitiveness in labor intensive industries like shoe manufacturing has fallen below Vietnam and China, South Korean Businessman Association chairman C.K. Song has cautioned. "Unless the invisible costs of business are further reduced the country will no longer be attractive to new investors in job- generating ventures," Song said.
Wed, 05 Feb 1997, 00:00 WIB
More MNCs may come to Asia
More MNCs may come to Asia UNITED NATIONS (AFP): Developing Asian countries are expected to be the most likely investment destination for multinational companies in the next five years, according to a report published here Monday. The survey "International Investment: Towards the year 2001," whose conclusions were outlined here by French government expert Fabrice Hatem, was compiled in cooperation with the UN Conference on Trade and Development (UNCTAD).
Wed, 05 Feb 1997, 00:00 WIB
Rights violations rife in mining areas, NGO says
Rights violations rife in mining areas, NGO says JAKARTA (JP): Violations of indigenous people's basic rights are rife in the operations areas of PT Kelian Equatorial Mining in East Kalimantan and PT Freeport Indonesia in Irian Jaya, according to an influential non-governmental organization.
Wed, 05 Feb 1997, 00:00 WIB
RI understands border closure
RI understands border closure JAKARTA (JP): Indonesia said yesterday it understood Malaysia's decision to close a dozen border crossing points along the Sarawak-Kalimantan boundary, but added they should not be closed indefinitely. "The decision taken by the Malaysian government is their right to maintain security in their territory and can be taken without coordinating with Jakarta," Izhar Ibrahim, the Indonesian foreign ministry's director general for political affairs, told Antara.
Wed, 05 Feb 1997, 00:00 WIB
Lippo Life revises target
Lippo Life revises target JAKARTA (JP): Publicly listed insurance firm, Lippo Life, has revised upwards its pretax profit projection for this year to Rp 146.7 billion (US$60.9 million) from Rp 114.8 billion. The company revised its net income projection to Rp 130 billion from Rp 100 billion. As a result the company's earnings per share is expected to reach Rp 340, lifting its price earnings ratio to 7.6 based on yesterday's closing price of Rp 2,650 per share, the company said.
Wed, 05 Feb 1997, 00:00 WIB
Election speeches to be screened
Election speeches to be screened JAKARTA (JP): All election campaign broadcasts must be approved by the government before they go on air, according to electoral rules issued yesterday. The General Elections Institute, which will screen the speeches, was quick to stress this was not a form of censorship.
Wed, 05 Feb 1997, 00:00 WIB
Indoneasia's 200-millionth baby born
Indoneasia's 200-millionth baby born JAKARTA (JP): Indonesia will announce today its 200 millionth citizen after a baby is chosen and named by President Soeharto from the more than 8,000 babies delivered across the country yesterday. The new-born 200 millionth Indonesian, will be picked from five babies nominated by the National Coordinating Board for Family Planning Program (BKKBN), which monitors deliveries of babies in all 27 Indonesian provinces.
Wed, 05 Feb 1997, 00:00 WIB
Spotlight
Spotlight Photo A: Handphone JP/byi The director for commerce of PT Komselindo, Zen Smith (left) receives a phone call from Ali Syarif (right), a film consultant who has just won a quiz offering a handphone as a prize. The prize was awarded in a breaking-for-the-fast gathering in Jakarta on Monday. Photo B: Bazzar Army Chief Gen. H.R. Hartono (second left) inspects the stand of the Army's cooperative at a bazaar in Jakarta.
Wed, 05 Feb 1997, 00:00 WIB
Latief leans harder on employers than workers
Latief leans harder on employers than workers By Ridwan M. Sijabat SURABAYA (JP): Maintaining harmonious industrial relations in Indonesia is more the responsibility of employers than workers. That was the message Minister of Manpower Abdul Latief gave during a whirlwind visit here Friday to meet employers and workers in Surabaya, Gresik and Sidoardjo.
Wed, 05 Feb 1997, 00:00 WIB
Plastic waste adds more to environmental problems
Plastic waste adds more to environmental problems By Joko Sarwono BOGOR, West Java (JP): Plastic has become a household name in all sectors of life. Many things, from miscellaneous household items to parts of heavy industrial equipment, are mostly made of plastic. "We use plastic ware in everyday life," said Iswandi Anas, a microbiological expert in soil at the Agriculture University of Bogor, whose advice on disposing of plastic waste in Jakarta is frequently required.
Wed, 05 Feb 1997, 00:00 WIB
U.S.' StorageTek plans to boost growth in Asia
U.S.' StorageTek plans to boost growth in Asia SINGAPORE (Reuter): U.S. data storage provider Storage Technology Corp (StorageTek) said yesterday it planned to use Singapore as a hub for rapidly expanding data storage in Asia. Bruce Taafe, vice-president for Asia Pacific operations, said Singapore was chosen as the first Asian office outside Japan because of its infrastructure, advanced application of information technology and proximity to key industry players.
Wed, 05 Feb 1997, 00:00 WIB
Mulia expects higher profits
Mulia expects higher profits JAKARTA (JP): Publicly listed ceramic tile and glass maker PT Mulia Industrindo expects a 56 percent rise in net sales to Rp 810 billion (US$339 million) this year from Rp 291 billion in 1996. The company announced yesterday its net profit rose 65 percent to Rp 113.1 billion from Rp 68.5 billion in 1995. This year's net profit is expected to rise 43 percent in 1997 to Rp 162 billion, the company said.
Wed, 05 Feb 1997, 00:00 WIB
Ramadhan time for Jakarta
Ramadhan time for Jakarta Wednesday Maghrib 6:19 p.m. Thursday Imsak 4:27 a.m. Subuh 4:37 a.m.
Wed, 05 Feb 1997, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 4, 1997: Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,000 0 1,500 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 383,500 Alumindo Light Metal 1,325 -25 318,000 Alumindo Perkasa 725 -25 1,500 Andayani Megah 1,050 25 81,000 Aneka Kimia Raya 1,325 -25 816,500 Anwar Sierad 1,925 -25 29,500 Aqua Golden Mississippi 4,175 25 75,000 Argha Karya Prima Industry...
Wed, 05 Feb 1997, 00:00 WIB
Seven men arrested for drugs
Seven men arrested for drugs JAKARTA (JP): City Police have arrested seven men for selling 156 grams of heroin, 1,500 Ecstasy pills, and 14 kilograms of dried marijuana. City Police Detectives Chief Col. Paimin Aboeamr said a man with a Nigerian passport, WF, was arrested Saturday for selling 146 grams of heroin at a bus shelter on Jl. Kebon Sirih, Central Jakarta. According to Paimin, WF was arrested after another alleged heroin trader, WS, was arrested in the Kota area, West Jakarta on Jan.
Wed, 05 Feb 1997, 00:00 WIB
EVA Air responds
EVA Air responds We write in response to Mr. Firman Widjaja's letter Long journey to U.S. (Jan. 14, 1997). EVA Air very much regrets the inconvenience experienced by Mr. Widjaja's son, Nicko Widjaja on his recent visit to the United States, and we understand fully the dissatisfaction and distress that this must have caused. At this time, we have been unable to clarify precisely the sequence of events affecting Mr.
Wed, 05 Feb 1997, 00:00 WIB
Guard strung up by pants
Guard strung up by pants JAKARTA (JP): A West Nusa Tenggara security guard was found strung up by his pants in his detention cell yesterday after admitting he was ashamed of being caught stealing money from his employer, police said. I Ketut Sutesnan, 32, was arrested on charges of stealing Rp 45 million (US$18,750) from Bank Aken in the West Nusa Tenggara capital of Mataram early Monday.
Wed, 05 Feb 1997, 00:00 WIB
Sympathy for detained students
Sympathy for detained students PURWOKERTO, Central Java: Messages of sympathy are streaming in to four students arrested on charges of distributing leaflets encouraging people to boycott the May 29 general election. Five student organizations in the town issued a statement which regretted the arrest of the four students, Ecep Sumardi Yasa, Chalid Mawardi, Oru Wulandari and Abu Hassan.
Wed, 05 Feb 1997, 00:00 WIB
Fresh row erupts over blood
Fresh row erupts over blood YOGYAKARTA: A fresh row has erupted over the blood samples of slain journalist Fuad Muhammad Syafruddin's that the police threw away. Lawyers representing the journalist's widow, Marsiyem, denied yesterday the police accusation that she was seeking to "commercialize" the blood by filing a Rp 105-million (US$45,000) lawsuit.
Wed, 05 Feb 1997, 00:00 WIB
Lippo raises BDI shares
Lippo raises BDI shares JAKARTA (JP): Lippo Bank announced yesterday it had increased its stake in Bank Dagang dan Industri (BDI) from 6.8 percent to 24.56 percent. It's stake is now worth Rp 16.8 billion (US$7.1 million). BDI, established by the Indonesian Chamber of Commerce and Industry in 1991, reportedly had paid-up capital of Rp 28.4 billion at the end of 1995 which grew to Rp 68.2 billion by the end of 1996.
Wed, 05 Feb 1997, 00:00 WIB
Fire destroys 20 houses
Fire destroys 20 houses JAKARTA (JP): Two fires destroyed 20 houses, six workers' boarding houses and two construction offices in Central Jakarta in the past two days. No fatalities have been reported. Central Jakarta Police Chief Lt. Col. M. Ibrahim said the first fire started at 3:30 a.m. yesterday and ravaged 20 residents' houses on Jl. Pintu Air, Pasar Baru, Central Jakarta. "The losses have yet to be calculated.
Wed, 05 Feb 1997, 00:00 WIB
Regional cuisine marks Idul Fitri celebrations
Regional cuisine marks Idul Fitri celebrations By Wirasti Wiryono JAKARTA (JP): For Idul Fitri this year, food expert Rudy Choiruddin offers his own perspective of the country's cuisine, with its astounding variety of rich flavors and textures from the various regions.
Wed, 05 Feb 1997, 00:00 WIB
PT. Rekayasa ties up with three state firms
PT. Rekayasa ties up with three state firms JAKARTA (JP): PT Rekayasa Industri forged alliances yesterday with three other state enterprises to raise its industrial- engineering and construction expertise. Rekayasa Industri president Hari G. Soeparto said yesterday the alliances were expected to make the company better at designing and building cement and petrochemical plants.
Wed, 05 Feb 1997, 00:00 WIB
Trawlers threaten fisherpeople
Trawlers threaten fisherpeople MEDAN, North Sumatra: Six illegal trawlers are threatening traditional fisherpeople's livelihoods in Central Tapanuli, North Sumatra, Antara reported yesterday. Individual fisherpeople who use traditional equipment have asked the authorities to prohibit the six trawlers from operating because they claim the large boats catch fish indiscriminately. The local government banned trawlers in 1980 in a bid to protect traditional fisherpeople.
Wed, 05 Feb 1997, 00:00 WIB
Sembawang to invest here
Sembawang to invest here SINGAPORE (Reuter): Sembawang Corp. said yesterday its wholly- owned unit Sembawang Media Pte. Ltd. had entered into an Internet joint venture in Indonesia. The unit had agreed to jointly invest with Indonesian corporation PT Ngrumat Bondo Utomo in Indonesian firm PT Jasa Jeraring Wasantara (JJW). JJW would have an authorised share capital equivalent to US$4 million and a paid up capital of $1 million.
Wed, 05 Feb 1997, 00:00 WIB
BNI gets top price for its $145 million Yankee bond issue
BNI gets top price for its $145 million Yankee bond issue JAKARTA (JP): State-owned PT Bank Negara Indonesia 1946 has got a good price for its US$145 million Yankee bond issue after Indonesia's first sovereign issue last year. BNI treasury director I Gusti Ngurah Antika said last night the coupon rate for its BBB-rated 10-year deal was set at 6.625 percent a year -- 110 basis points above the U.S. Treasury rate. BNI is the first Indonesian company to achieve this.
Wed, 05 Feb 1997, 00:00 WIB
Tycoons donate Rp 415b to the poor
Tycoons donate Rp 415b to the poor JAKARTA (JP): The Jimbaran Group of business tycoons has contributed Rp 415 billion (US$180 million) toward the government's drive to eradicate poverty, the Office of the State Minister of Population said Tuesday. The money was collected from tycoons who formed the group during a meeting at the Jimbaran beach resort on Bali in 1995. There they pledged to participate in the government's poverty- eradication program.
Wed, 05 Feb 1997, 00:00 WIB
RI telecoms policy wins foreign support
RI telecoms policy wins foreign support JAKARTA (JP): Secretary-general of the Ministry of Tourism, Post and Telecommunications Jonathan L. Parapak said Monday Indonesia's decision not to change its telecommunications policy won support from several developing nations.
Wed, 05 Feb 1997, 00:00 WIB
Four Timorese break into French embassy
Four Timorese break into French embassy JAKARTA (JP): Four East Timorese entered the French embassy yesterday, seeking asylum in Portugal or France. French embassy and International Committee of the Red Cross (ICRC) officials discussed the asylum bid with the four Timorese. Embassy sources said the East Timorese sought asylum in Portugal, where they could be granted citizenship, but other sources said the youths wanted to seek refuge in France.
Wed, 05 Feb 1997, 00:00 WIB
TV today
TV today TVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Fun House 3:05 Teenagers' Program: Arena 123 3:30 TV Series: Perfect Strangers 4:00 News: Lintasan Berita 4:05 TV Drama: Diantara Kita: Surat Tantangan 4:30 Documentary Film 4:55 Filler and Trailer 5:00 Evening News 5:25 Travel: My Country 5:30 Indonesian Lessons 6:05 Nusantara, the Beloved Country 6:15 Village Program 6:30 TVRI News 7:00 Evening News 7:25 Filler and Trailer 7:30 Economic Bourse: Mitra Kita 8:00 News: Lintasan Berita...
Wed, 05 Feb 1997, 00:00 WIB
Competition for Busang gold mine hots up
Competition for Busang gold mine hots up JAKARTA (JP): Competition to get a stake in the Busang II gold mine in East Kalimantan has become fiercer with three more companies reportedly entering the battle to secure a share of the 57-million ounce gold reserve. Local media reports said Newmont of the United States and Teck of Canada were the latest two firms wanting to team up with Canada's Bre-X Minerals Ltd, which found the gold deposit, and local companies to develop the Busang project.
Wed, 05 Feb 1997, 00:00 WIB
Petronas agrees to take over Vietnam's Dai Hung oilfield
Petronas agrees to take over Vietnam's Dai Hung oilfield KUALA LUMPUR (Reuter): Malaysia's state-run Petroliam Nasional (Petronas) said yesterday it had agreed to take over Vietnam's Dai Hung oilfield from Australia's Broken Hill Propriety Co Ltd under the old contract terms. "We can confirm that Petronas has bought a 43.75 percent stake in the Dai Hung offshore oil project in Vietnam from (BHP)," a Petronas spokesman told Reuters.
Wed, 05 Feb 1997, 00:00 WIB
RP suffering from 'overdose' of Malaysian investments
RP suffering from 'overdose' of Malaysian investments MANILA (AFP): Philippine Senate President Ernesto Maceda hailed the voiding of a Malaysian conglomerate's purchase of a historic Manila hotel, saying that the country already had "an overdose of Malaysian investments," the Business Daily newspaper reported yesterday. "I'm a little bit uncomfortable with that many Malaysian investments here and it seems to me that after the U.S., after the Japanese...