Indonesian Political, Business & Finance News

Archive: 6 February 1997

52 articles found

Two prisoners escape

Two prisoners escape PADANG, West Sumatra: Two prisoners have escaped from Maninjau Prison when warders were generous enough to allow them to make coffee in the prison kitchen one night earlier this week.Antara reported yesterday that the convicts scaled the penitentiary's 3.

Higher fines for public order violators

Higher fines for public order violators JAKARTA (JP): The city administration and the city council are seeking stiffer punishment for public order violators, especially those who damage the environment.

Zarina surrounded by number one lawyers

Zarina surrounded by number one lawyers JAKARTA (JP): The trial of Zarina Mirafsur, charged with possessing and trafficking Ecstasy pills, is attracting increasing attention given the high profile of three of her seven lawyers. Today her second hearing is scheduled in West Jakarta District Court.

RI gets qualifiers for show jumping

RI gets qualifiers for show jumping JAKARTA (JP): Indonesia has been chosen to host two of the eight stages in the Southeast Asian zone qualifying round of the Volvo Cup world show jumping championships.

Coffee meeting canceled

Coffee meeting canceled JAKARTA (JP): A meeting of top robusta coffee producers scheduled for today on the resort island of Bali has been canceled, an Indonesian official said yesterday.Paian Nainggolan, Indonesia's representative to the Association of Coffee Producing Countries (ACPC), told...

19 paintings stolen from art gallery

19 paintings stolen from art gallery BANDUNG (JP): Police are hunting for 19 paintings by Indonesian art master Sudjana Kerton that were stolen last Sunday morning from the Sudjana Kerton Gallery here.Lt. Col.

Enforce bill on psychotropics, say councilors

Enforce bill on psychotropics, say councilors JAKARTA (JP): Councilors urged the immediate issuance of the necessary government regulations to enable the enforcement of the newly passed bill on psychotropics.The law endorsed on Jan.

Surya Semesta Internusa to float 20% of shares

Surya Semesta Internusa to float 20% of shares JAKARTA (JP): PT Surya Semesta Internusa (SSI) plans to float 20 percent of its total enlarged shares, around 135 million shares, on the local stock exchange to raise fresh funds to finance its expansion program.

Halal labels

Halal labelsFrom Media IndonesiaI am a Moslem student and the halal (permitted by Islam) label question has come to my attention. I support the Indonesian Council of Ulemas' (MUI) idea of label standardization, which would serve as a sieve sifting good material from the bad.

RI bridge pair invited to Holland

RI bridge pair invited to Holland JAKARTA (JP): Indonesia is invited to take part in the men's bridge pair tournament in the Netherlands.Hengky Lasut, a top national bridge player and member of the Indonesian Bridge Association, said in Manado that for the Dutch tournament, the host expects...

Thailand, S'pore support summit

Thailand, S'pore support summit SINGAPORE (Reuter): Thailand and Singapore support Japan's call for summit meetings at least once a year with the Association of Southeast Nations (ASEAN) to deepen ties with the region, the Thai foreign minister said yesterday.

Increasing problems in Indonesian skies

Increasing problems in Indonesian skies On Jan. 21, 1997, I was returning from Manila via Singapore on Singapore Airlines (SQ164). Having enjoyed a routine flight, I was busy preparing my papers for landing when the plane, a few hundred feet from the ground, began to bank wildly from side to side.

Scholarships for 200 millionth citizen

Scholarships for 200 millionth citizen JAKARTA (JP): Wahyu Nusantaraaji has got it made for life.Named by President Soeharto as Indonesia's 200 millionth citizen, Wahyu, born on Lombok at 10:00 p.m. Tuesday, is assured of scholarships for as long as he wants to study.

BNP expands Asia activities

BNP expands Asia activities SINGAPORE (AFP): Banque Nationale de Paris (BNP) announced here yesterday it had acquired control of an Asian stockbroking and corporate finance group as part of its regional expansion plans.

Rights violations persist in E. Timor

Rights violations persist in E. Timor DILI: Bishop Carlos Filipe Ximenes Belo said yesterday he had not seen any improvement of human rights in the youngest province despite continuing criticism.The 1996 Nobel Peace Prize laureate told reporters he had just completed a tour of the territory and...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 5, 1997: ----------------------------------------------------- Shares Close Change Trading Volume ----------------------------------------------------- Ades Alfindo 1,000 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0...

Faith healers command respect

Faith healers command respect KUPANG, East Nusa Tenggara: As many as 40 percent of the 3.5 million inhabitants here believe more in "faith healers" than in nurses, midwives, and doctors, an official said yesterday.

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.

Indofood plans acquisition

Indofood plans acquisition JAKARTA (JP): Publicly listed PT Indofood Sukses Makmur, part of the Salim Group, plans to issue rights shares to raise funds to acquire 11 other companies in the group.Indofood president Eva Riyanti Hutapea said yesterday the four-to-one rights shares would be sold to...

Passport applicant numbers on the rise

Passport applicant numbers on the rise JAKARTA (JP): The number of passport applicants in Jakarta has increased by 10 percent over the past few days on account of the forthcoming Idul Fitri and Chinese New Year holidays, an immigration official said yesterday.

Inhutani V to raise profit

Inhutani V to raise profit JAKARTA (JP): State-owned PT Inhutani V aims at increasing its pretax profit this year by 10 percent to 15 percent over the Rp 11 billion (US$4.78 million) achieved last year.Inhutani V President M. Toha said last year's profit was higher than the Rp 8.64 billion targeted.

BNI letting other banks take over Bank Pacific

BNI letting other banks take over Bank Pacific JAKARTA (JP): State-owned Bank Negara Indonesia 1946 has no plans to acquire ailing Bank Pacific and will let interested investors take it over, BNI president Widigdo Sukarman said.

Duff rates RI's notes

Duff rates RI's notes CHICAGO (Reuter): Duff & Phelps Credit Rating Co said Tuesday it assigned ratings to the Daiwa Asia Card LTD NV credit card receivables-backed notes, marking only the second credit card securitization transaction from Indonesia to be rated.

President may take over Busang case

President may take over Busang case JAKARTA (JP): Minister of Mines and Energy Ida Bagus Sudjana said President Soeharto will take over thm Busang gold case if Barrick Gold Corp. and Bre-X fail to seal their partnership deal by Feb. 15.

Badly damaged Depok-Cibelut road

Badly damaged Depok-Cibelut roadFrom NeracaThe road spanning Depok-Cibelut Bogor is badly damaged. Gaping holes along the road are very hazardous to traffic.This month many trucks have turned over. Obviously, this is due to the huge potholes which engulf the road.

Krakatau Steel to boost production

Krakatau Steel to boost production JAKARTA (JP): State-owned PT Krakatau Steel plans to invest US$50 million to modernize its cold rolled steel coils plant in Cilegon, West Java.Soetoro Mangoensoewargo, the president of Krakatau Steel, said Tuesday the company would convert the five-stand tandem...

Malaysia gears up as holidays loom

Malaysia gears up as holidays loom KUALA LUMPUR (DPA): Police and rescue teams have begun gearing up for an anticipated surge in road accidents, as schools closed yesterday and thousands of Malaysians start rushing home for family reunions ahead of Chinese and Moslem festivals beginning tomorrow.

Feisal downplays border closure

Feisal downplays border closure JAKARTA (JP): Armed Forces Commander Gen. Feisal Tanjung said yesterday there was no problem with Malaysia closing its border checkpoints with Indonesia following ethnic riots in West Kalimantan.

The plight of illegal workers

The plight of illegal workers Referring to information about the return of illegal Indonesian women workers from Malaysia since Dec. 26, 1996, I am giving my comments, which are based on factual data concerning their situation.1.

Tunky to help industrial estate developers

Tunky to help industrial estate developers JAKARTA (JP): Minister of Industry and Trade Tunky Ariwibowo promised yesterday to help industrial estate developers acquire land faster."I will do my best to help them," Tunky was quoted by Antara as saying regarding investors' complaints on the arduous...

Staple foods prices stable

Staple foods prices stable JAKARTA (Antara): The prices of nine staple foods in the capital city remained stable yesterday, four days before the Idul Fitri festivities.In Tanah Abang market in Central Jakarta, some traders predicted the demand for a number of food stuffs would rise tomorrow and...

Where to go in Bandung:

Where to go in Bandung:Music and Entertainment * Chedi Hotel: Jl. Rancabentang 56-58: Job (Piano), Monday to Wednesday, 5:30 p.m. to 8 p.m.; Irven (Guitar), Monday to Wednesday, 8:30 p.m. to 11 p.m.; Mixed Voices Accapela singer and Andi (Pianist), Thursday and Saturday, 8:30 p.m. to 11:30 p.m.

TV today

TV todayTVRI 2:30 a.m Travel: My Country 2:35 TV Series: Family Matters 3:05 Talk Show: Sehari Bersama Wakil Rakyat 3:30 Tour and Travel: Dream of Flight 4:05 Science Film: A Writer's Exchange 4:30 Education Program: Bina Pramuka 4:55 Filler and Trailer 5:00 Regional News 5:25 News: My Country 5:30...

Bali to host surfing tourney

Bali to host surfing tourney JAKARTA (JP): Sixteen countries are scheduled to take part in the International Surfing Championship at Kuta Beach, Bali, from April 9 to April 13.Wayan Yasa, the Bali Surfing Association's chairman, said that surfers from Japan, Australia, USA, New Zealand, Brazil,...

ASEAN stresses willingness to dabate human rights with EU

ASEAN stresses willingness to dabate human rights with EU JAKARTA (JP): Indonesian officials have stressed the Association of Southeast Asian Nations (ASEAN) is ready to air human rights issues with the European Union as long as any discussion is conducted in a constructive manner and not aimed at...

Our population clock

Our population clock The arrival of a new born baby is always a happy occasion, even if it means one more mouth to feed. So the arrival of Indonesia's 200 millionth citizen Tuesday should be rejoiced. It was a special occasion for the nation not because we have finally reached that mark, but...

Govt distributes quotas for imports of fishing vessels

Govt distributes quotas for imports of fishing vessels JAKARTA (JP): The government has allowed 28 companies to import 435 used and new fishing vessels and rejected proposals from 18 firms that failed to meet government requirements.Director General of Fisheries F.X.

PT Siloam expects $59M from IPO

PT Siloam expects $59M from IPO JAKARTA (JP): PT Siloam Gleneagles Health Care (SGHC) will sell 47 million shares in its initial public offering (IPO) this year at between Rp 2,950 and Rp 3,300 (US$1.4) per share to raise US$59 million, said Chief Commissioner James T. Riady.

Pino trains at home for SEA Games

Pino trains at home for SEA Games JAKARTA (JP): The Indonesian Boxing Association has agreed to let Pino Bahari train in his hometown of Denpasar, Bali, instead of with the centralized training program in Pasar Minggu, South Jakarta.

Japanese gives $100,000 to research hair lips

Japanese gives $100,000 to research hair lips JAKARTA (JP): Japan is donating US$100,617 (Rp 238 million) to Indonesia to bolster the latter's ability to treat patients with hair lip and cleft palate.The note for the agreement was signed by Japanese Ambassador Taizo Watanabe and Halimah Bambang...

Scholars criticize new election speech guidelines

Scholars criticize new election speech guidelines JAKARTA (JP): The government's new guidelines on election campaign speeches were criticized yesterday by scholars who agreed that the need to maintain political stability prompted the controversial rules.

Contrasting displays of nature at exhibit

Contrasting displays of nature at exhibitBy Amir Sidharta JAKARTA (JP): The work of painters Idran Yusuf and Gunawan Hanjaya is currently being shown at the Titian Alam (Bridge of Nature) exhibition at Galeri Linggar.As the title suggests, the theme of the paintings on display is nature.

Ramadhan time for Jakarta

Ramadhan time for JakartaThursdayMaghrib 6:19 p.m.FridayImsak 4:27 a.m.Subuh 4:37 a.m.

'Dangdut' show in Ancol

'Dangdut' show in Ancol JAKARTA (Antara): The management of Ancol Dream Land recreational park in North Jakarta said Tuesday it was preparing special attractions, including a dangdut show and door prizes for visitors during the Idul Fitri holiday from Feb. 8 to 16.

ABRI urged to trace the roots of unrest

ABRI urged to trace the roots of unrest JAKARTA (JP): One hundred people from various organizations concerned with the recent spate of riots urged the Armed Forces (ABRI) yesterday to prevent the unrest from reoccurring.In a meeting with ABRI Sociopolitical Affairs Chief Lt. Gen.

American university, Gleneagles sign deal

American university, Gleneagles sign deal TANGERANG, West Java (JP): The Siloam Gleneagles hospital, the first hospital set up under the foreign investment scheme in the country, and the University of Southern California signed a deal on technology transfer yesterday.

Observers raise fears of national disintegration

Observers raise fears of national disintegration YOGYAKARTA (JP): Disintegration is the biggest threat currently facing Indonesia, according to sociologist Loekman Soetrisno.The Gadjah Mada University professor and director of its Center for Research on Rural and Regional Development told The...

New customs rules worry Europe and U.S.

New customs rules worry Europe and U.S. JAKARTA (JP): European, American and South Korean businessmen have expressed great concern about the new customs clearance rules the Indonesian government plans to implement in April.

Indosat's earnings rose to $22 million in 1996

Indosat's earnings rose to $22 million in 1996 JAKARTA (JP): State-owned PT Indosat reported a 14 percent increase yesterday in its net profit last year -- lower than the 59 percent increase in 1995 -- to Rp 523.5 billion (US$22 million) from Rp 459.4 billion in 1995.

Civil servants told to vote for Golkar

Civil servants told to vote for Golkar DILI: East Timorese Civil Servant Corps members have been told they should vote for Golkar, the dominant political organization, in the May election.Secretary of the corps' East Timorese chapter A.H.

Let it be a lesson to us

Let it be a lesson to usFrom NeracaWe have to admit that the recent riot which started in Situbondo, followed by unrest in Tasikmalaya, Senggau Ledo (West Kalimantan), Tanah Abang and Rangkasdengklok are, in fact, lessons for us and especially for the government.

Do we need a ministry of law?

Do we need a ministry of law?By Bambang Widjojanto JAKARTA (JP): A university rector's suggestion to set up a ministry of law and judiciary has won a large number of supporters. Dr. Muladi's recent suggestion echoed what Ismail Saleh, a former justice minister said in 1990.