Indonesian Political, Business & Finance News

Archive: 7 February 1997

63 articles found

Two traders kidnapped in RP

Two traders kidnapped in RP MANILA (AFP): Two ethnic Chinese-Filipino traders were kidnapped by heavily armed men in downtown Manila, police said yesterday.Kok Ko, Edward Sy and a Filipina housemaid identified only as Sharon were forced into a car late Wednesday by the unidentified men wielding...

Rights committee to probe rape

Rights committee to probe rape DILI: The National Commission on Human Rights plans to investigate allegations that military personnel raped a young woman in November last year, a local activist said here yesterday.

MQM set to play key role in Pakistan

MQM set to play key role in Pakistan KARACHI (AFP): The Mohajir Qaumi Movement (MQM), an influential ethnic-based group, has bounced back after four years of isolation to play an important political role in Pakistan's Sindh province following Monday's elections.

Strict rules imposed on imported fishing boats

Strict rules imposed on imported fishing boats JAKARTA (JP): Minister of Agriculture Sjarifudin Baharsjah reiterated yesterday that the government's decision allowing companies to import fishing vessels was based on the credibility of a company and its ability to meet government requirements.

No rest for RI capital market

No rest for RI capital marketBy Sahala Sianipar JAKARTA (JP): The Indonesian capital market performed well in 1996 due partly to the continued flow of overseas capital, greater participation of domestic investors and strong earnings posted by banks, consumers and manufacturing industries.

RP to pursue mining without risking environment: Ramos

RP to pursue mining without risking environment: Ramos MANILA (AFP): Philippine President Fidel Ramos said yesterday his government would pursue mining as a "dependable option" for economic development without risking the environment.

Contract guarantees rights of mining contractors

Contract guarantees rights of mining contractors JAKARTA (JP): Mining investors and the Indonesian government must agree on a contract of work (COW) before exploration work can start, Minister of Mines and Energy I.B. Sudjana says.

S'pore politician faces eight suits

S'pore politician faces eight suits SINGAPORE (Reuter): Singapore Prime Minister Goh Chok Tong and 10 other ruling party members have filed eight individual and joint defamation suits against Workers' Party leader Joshua Jeyaretnam, the Straits Times said yesterday.

Hari needs to build self confident

Hari needs to build self confident JAKARTA (JP): Indonesia's Hariyanto Arbi says he is ready for the India Open badminton championship in New Delhi next week despite lacking self-confidence.Hariyanto, nicknamed Hari, told The Jakarta Post yesterday that he was ready to fight in the tournament...

Good schools are rare

Good schools are rare We arrived in Sunter, North Jakarta, in July last year. Our choice of schools was limited by distance. However, at the time a new school called Singa Kindergarten had opened in the area.

ISO 9002 for Shinta

ISO 9002 for Shinta JAKARTA (JP): PT Shinta Budhrani Industries, a manufacturer of dyed and printed fashion fabrics, has received an ISO 9002 certificate from state-owned surveying company Sucofindo.The certificate was awarded yesterday by Hardi Gianto, Sucofindo's director of quality and...

Idul Fitri exodus might peak tomorrow

Idul Fitri exodus might peak tomorrow JAKARTA (JP): The number of travelers leaving the city may peak to tomorrow despite earlier predictions the exodus would ease if it peaked yesterday and today.Only 10 out of the 15 additional bus terminals were operating yesterday while the four main intercity...

Nike company denies bad labor conditions

Nike company denies bad labor conditions SERPONG, Tangerang (JP): PT Pratama Abadi Industri, a subcontracting firm producing world-renowned Nike sportswear, has denied abusing workers, saying the company's labor conditions were much better than the Indonesian government required.

Malaysia, singled out, tells Japan to back off

Malaysia, singled out, tells Japan to back off KUALA LUMPUR (DPA): Prime Minister Mahathir Mohamad told Japan yesterday to quit accusing Malaysia of hampering World Trade Organization (WTO) talks to free up the telecommunications sector because it has yet to submit any offers despite next week's...

England vs Italy live on 'SCTV'

England vs Italy live on 'SCTV' JAKARTA (JP): Local soccer fans will be given the rare treat of watching live the battle of two European soccer giants, England and Italy, in the qualifying round of the European Cup at Wembley Stadium on Feb. 13.SCTV will broadcast the match at 3 a.m.

Japanese press blasted

Japanese press blasted JAKARTA (JP): An 82 year-old Japanese military veteran has criticized his country's newspapers for overexposing riots in Indonesia, saying the coverage may tarnish the Soeharto government's image.

DSTP offering shares to public without listing

DSTP offering shares to public without listing JAKARTA (JP): PT Dua Satu Tiga Puluh (DSTP), a company set up by the government last February to finance a US$2 billion passenger jet project, called N-2130, is now offering shares to the public, but not listing on the capital market.

Show no Chinese affinity in 'Imlek'

Show no Chinese affinity in 'Imlek' JAKARTA (JP): Governor Surjadi Soedirdja called for people celebrating Chinese New Year not to show any Chinese affinity during the festival which falls tomorrow.Decorations, banners, printed matter and logos revealing Chinese culture must not be displayed in...

Warders quizzed over jailbreak

Warders quizzed over jailbreak PADANG, West Sumatra: The authorities have questioned two warders in connection with the escape of two inmates from Maninjau Prison.Head of the West Sumatra Ministry of Justice office Ali Amran Djanah said the authorities wanted to find out if the warders had colluded...

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; 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.m.

Inco's earnings fell to $61.2m last year

Inco's earnings fell to $61.2m last year JAKARTA (JP): The publicly-listed nickel in matte producer PT International Nickel Indonesia (Inco) posted a net earnings of US$61.2 million in 1996, a 36.25 percent decrease from $96 million in the previous year.

Bintang drafts proposal to amend Constitution

Bintang drafts proposal to amend ConstitutionBy Achmad Nurhoeri JAKARTA (JP): Defiant politician Sri Bintang Pamungkas has drafted a proposal to amend the 1945 Constitution, the document upon which the current political system is founded.

Soybean output should rise: Minister

Soybean output should rise: Minister JAKARTA (JP): Minister of Agriculture Sjarifudin Baharsjah asked private investors yesterday to help increase national soybean production to cut back imports which reached 600,000 tons last year.

NU groups concerned over riots

NU groups concerned over riots JAKARTA (JP): Eight suborganizations of the 30-million-strong Nahdlatul Ulama (NU) warned yesterday that the recent flurry of religious and ethnic riots reflected waning public trust in the government.

Constant safety is vital

Constant safety is vitalFrom MerdekaBusiness tycoon Ciputra has said general safety and law certainty are prerequisites for conducting business.The recent riots in Tasikmalaya, Tanah Abang, Rengasdengklok, Karawang and the rumors about unrest in Bandung, following the destruction of a textile mill...

Mien to go to Saudi over 'prostitutes'

Mien to go to Saudi over 'prostitutes' JAKARTA (JP): Many Indonesian teenagers have been sent to work in Saudi Arabia as prostitutes, State Minister of Women's Affairs Mien Sugandhi said yesterday."Their number is not in the tens, but has already reached the hundreds," Mien was quoted as saying by...

U.S., international uniond demand Pakpahan's release

U.S., international uniond demand Pakpahan's release WASHINGTON (AFP): U.S. and international labor union leaders led a raucous demonstration outside Indonesia's embassy Wednesday, demanding the release of a jailed Indonesian labor leader charged with subversion.

Pati to have cement plant

Pati to have cement plant JAKARTA (JP): PT Semen Halla Jateng is set to establish a cement plant in the Pati regency of Central Java with an estimated total investment of Rp 1.5 trillion (US$635.6 million).

Closure of 'cracks' sought in multi-cultural Singapore

Closure of 'cracks' sought in multi-cultural Singapore SINGAPORE (AFP): Prime Minister Goh Chok Tong yesterday urged Singaporeans to seek common ground and close the "cracks" opened up by a heated election campaign centering on divisive issues of language, race and religion.

West urged to ask Suu Kyi to tone down

West urged to ask Suu Kyi to tone down BANGKOK (Reuter): Thai foreign minister Prachuab Chaiyasarn yesterday said Western nations should ask Myanmar opposition leader Aung San Suu Kyi to tone down her stance to help reach a compromise with Yangon's military leaders.

Thai port project may be privatized

Thai port project may be privatized BANGKOK (DPA): Thailand's cabinet will decide the fate of Bangkok's second international airport next Tuesday with a proposal to privatize portions of the airport project in the cards, a government spokesman said yesterday.

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.

The Listening Post

The Listening PostProduced by American Language Center in cooperation with The Jakarta Post and Radio Sonora FM 100.9 Mhz * "The Legacy of Bretton Woods" documents an event of great importance for the modern world, in the inimitable style of BBC Topical Tapes.

Alatas criticizes U.S. team's visit to RI over Riady

Alatas criticizes U.S. team's visit to RI over Riady JAKARTA (JP): Indonesian foreign minister Ali Alatas has brushed off reports that a team from the U.S. is to come here to investigate alleged illegal foreign campaign donations, saying it would be better to conduct an inquiry in America rather...

'Govt explanation on mining should satisfy investors'

'Govt explanation on mining should satisfy investors' JAKARTA (JP): The Indonesian Chamber of Commerce and Industry believes that the government's clarification of its mining policy should help bring in investors.

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.

Suwandi, Andrian expected to win their opening matches

Suwandi, Andrian expected to win their opening matches JAKARTA (JP): Indonesia expects to win its two matches today on the first day of its Davis Cup Asia Oceania Group I round against the Philippines at the Indoor Courts Philippine Columbian Association in Manila.Suwandi was drawn at 10:00 a.m.

Correction

CorrectionCorrection: The U.S. dollar conversion of Indosat's net profit published in yesterday's article Indosat's earnings rose to $22 million in 1996 should have read US$220 million. We apologize for the error. -- Editor

Buses, taxis adequate for city during holiday

Buses, taxis adequate for city during holiday JAKARTA (JP): A city official said yesterday there will be enough public buses for Jakarta residents, despite the many buses being used for Idul Fitri intercity transportation.The head of City Land Transportation Agency, J.P.

Megawati defies police summons over gathering

Megawati defies police summons over gathering JAKARTA (JP): Ousted leader of the Indonesian Democratic Party (PDI) Megawati Soekarnoputri defied a police summons yesterday to answer charges of hosting an illegal political gathering on Jan. 10.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Feb. 6, 1997: ---------------------------------------------------- Shares Close Change Trading Volume ---------------------------------------------------- Ades Alfindo 1,000 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0...

Walhi proposes tax on industrial polluters

Walhi proposes tax on industrial polluters JAKARTA (JP): The Indonesian Forum for Environment (Walhi) has proposed that Indonesia introduce a law forcing polluters to pay an environmental tax.Forum executive director Emmy Hafild said Wednesday night the state could use the money from the tax to...

Zarina lawyers ask court to dismiss ecstasy case

Zarina lawyers ask court to dismiss ecstasy case JAKARTA (JP): Defense lawyers for Zarina, a budding TV actress charged with producing, possessing and distributing 29,677 Ecstasy pills, urged the West Jakarta District Court yesterday to dismiss the case because the state prosecutors' indictment was...

Surprise! You're Wahyu's father

Surprise! You're Wahyu's fatherBy Listiana Operananta JAKARTA (JP): Some "revelations" travel slower than others in this information age. Akhmad Riyadi only learned he was the proud father of Indonesia's 200-millionth citizen yesterday, nearly 24 hours after the honor was announced nationwide.

Turtle breeding draws experts

Turtle breeding draws experts PRAMUKA ISLAND: Four international experts visited a turtle breeding center on Pramuka in the Thousand Islands Marine National Park in Jakarta Bay Wednesday.The center, one of a few such facilities in the world, was accorded international fame after President Soeharto...

ASEAN business summit

ASEAN business summit JAKARTA (JP): One-hundred business leaders from the United States have confirmed they will attend the first ASEAN business summit to be held here on March 12 and March 13.Chairman of the Association of Southeast Asian Nations (ASEAN) Chamber of Commerce and Industry, Aburizal...

Betawis want city to buy Condet area

Betawis want city to buy Condet area JAKARTA (JP): An office in charge of preserving the native Jakartan Betawi culture, urged the administration to buy land in Condet, East Jakarta to ensure the remains of the culture there remained intact.

Customs promises a faster flow of imports

Customs promises a faster flow of imports JAKARTA (JP): The Directorate General of Customs and Excise has again assured worried businesspeople that imports will be cleared faster when it regains its inspection authority starting April 1.

A damper on a feast

A damper on a feast The recent ruling announced by Waluyo, the deputy secretary general of the General Elections Institute, that all campaign television speeches broadcast in the run-up to the upcoming general elections must be screened by the government before they go on air, sounds familiar.

Police confirm escape of alleged heroin smuggler

Police confirm escape of alleged heroin smuggler JAKARTA (JP): National Police confirmed yesterday the escape of an alleged heroin smuggler, Limbane Cosmo, from one of its detention centers, while the Directorate General of Immigration alerted its offices to prevent the fugitive from leaving the...

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 4:05 Comedy: Situasi 4:30 Student's Quiz : Cerdas Cermat 4:55 Filler 5:00 News: Siaran Berita TVRI 5:30 Talk Show: Harmoni Kehidupan 6:00 News:...

SEAG to spend Rp 6b on ceremonies

SEAG to spend Rp 6b on ceremonies JAKARTA (JP): The organizing committee plans to spend Rp 6 billion (US$2.5 million) on the opening, torch lighting and closing ceremonies of the SEA Games here in October.

'Timor cars shipped to RI all brand-new'

'Timor cars shipped to RI all brand-new' JAKARTA (JP): State-owned PT Surveyor Indonesia confirmed yesterday that all Timor sedans shipped from the Kia Motors plant in South Korea to Indonesia were brand-new.

State wants trial of NII members

State wants trial of NII members JAKARTA (JP): State prosecutor Azwar Safirin urged the South Jakarta District Court Wednesday to try three members of an obscure organization called the Indonesian Islamic State (NII).

JSX composite index reaches new high

JSX composite index reaches new high JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) continued to gain ground yesterday as prices rose for second-line and several blue chip stocks.The JSX Composite Index, the local market's benchmark index, gained 7.

Thais seeks aid for Mekong bridge

Thais seeks aid for Mekong bridge TOKYO (AFP): A former Thai prime minister sought Japanese financial support yesterday for a second bridge to be built across the Mekong River linking Thailand with landlocked Laos, Japanese officials said.

Telkom expects higher revenues

Telkom expects higher revenues JAKARTA (JP): State telecommunications firm PT Telkom estimated that its total revenue would exceed Rp 3.69 trillion (US$1.55 billion) in 1996.The state-owned domestic telecommunication provider's revenue reached Rp 3.

Activists demand better transport

Activists demand better transport JAKARTA (JP): Discriminatory practices in the public transport sector must give way to safe, reliable services during holiday seasons, activists said yesterday.Wahyu, a People's Transport Committee spokesman, said that the public transport system fails to meet the...

The contest for Busang's gold

The contest for Busang's gold The battle for control of the Busang gold mine in East Kalimantan isn't over. The intensity of the contest is natural. The gold mining business is an undertaking that holds out the promise of enormous profits and the Busang assets that are at present being contested...

KL bans youths from smoking

KL bans youths from smoking KUALA LUMPUR (AFP): Malaysia's government is to pass new laws in March to ban young people under the age of 18 from smoking introducing fines of up to $400, newspapers reported here yesterday.

Analyst sees young officers reshaping ABRI's role

Analyst sees young officers reshaping ABRI's role YOGYAKARTA (JP): The most appropriate role for the Armed Forces (ABRI) in Indonesia's future sociopolitical arena is one which elicits people's respect for it, a military analyst says.

Ramadhan time for Jakarta

Ramadhan time for JakartaFriday Maghrib 6:19 p.m.Saturday Imsak 4:27 a.m. Subuh 4:37 a.m.

CPO imports will continue: Beddu

CPO imports will continue: Beddu JAKARTA (JP): The National Logistics Agency (Bulog) has pledged to continue importing crude palm oil (CPO) to stabilize domestic cooking oil prices.Beddu Amang, Bulog's head, said the agency would keep importing olein, which costs Rp 150 a kilogram more overseas...