Indonesian Political, Business & Finance News

Archive: 13 March 1997

60 articles found

City's PPP branch hopeful about votes

City's PPP branch hopeful about votes JAKARTA (JP): Demand for freedom of choice may boost votes for the city's chapter of the United Development Party (PPP), even in areas traditionally "difficult" for the Party, a PPP official said.

ASEAN still attracts investors

ASEAN still attracts investors JAKARTA (JP): Former U.S. state secretary Alexander M. Haig said yesterday ASEAN would remain attractive for investors provided it maintained high economic growth.Speaking at the first ASEAN business summit, Haig said ASEAN's economic growth was unmatched anywhere in...

Child abuse claims at Bogor safari park

Child abuse claims at Bogor safari park JAKARTA (JP): Supervisors at the famous safari park near the West Java town of Bogor have abused child laborers, two underaged workers who escaped claimed yesterday.

Singapore dollar falls to 18-month law

Singapore dollar falls to 18-month law SINGAPORE (AFP): The Singapore dollar has plunged to levels unseen in 18 months against the U.S. dollar amid market speculation that the government here prefers a weaker currency to boost exports.

Delay on nuclear plant development hailed

Delay on nuclear plant development hailed JAKARTA (JP): Legislators hailed yesterday the government's intention to push back the construction of a nuclear power plant to 2020 or 2030, but environmentalists remain cautious over the announcement.

'Caltex could delay RI becoming net oil importer'

'Caltex could delay RI becoming net oil importer' JAKARTA (JP): PT Caltex Indonesia, the biggest oil producer in Indonesia, said yesterday it could delay Indonesia becoming a net oil importer by eight years by using new technologies.

Thai army chief talks with Myanmar over refugees' return

Thai army chief talks with Myanmar over refugees' return MAE SOT, Thailand (AFP): Thai army chief Chetta Thanajaro crossed into Myanmar yesterday to discuss border conditions and the return of 100,000 mostly ethnic Karen refugees when fighting in the region stops.

ASEAN unity vital: Soeharto

ASEAN unity vital: Soeharto JAKARTA (JP): President Soeharto has called on ASEAN to remain united in the face of liberalized global trade."If Southeast Asian nations are unable to remain united, we will lose the available opportunities," Soeharto said in his opening address at the first ASEAN...

'Gulf pilot had heart attack'

'Gulf pilot had heart attack' DUBAI (AFP): The British pilot of a Gulf Air Airbus A-320 which skidded off a runway at Abu Dhabi airport, leaving 86 passengers injured, had a heart attack during takeoff, an aviation source said yesterday.

Sudharmono book launch

Sudharmono book launchJP/afs JAKARTA (JP): Former vice president Sudharmono (left) launched an autobiography and a compilation of biographies on him at his home last night.The books are Sudharmono SH, Pengalaman dalam Masa Pengabdian (Sudharmono SH, Experiences of Service) and Kesan dan Kenangan...

Stewardess reported missing

Stewardess reported missing JAKARTA (JP): A Garuda Indonesia international flight stewardess has been reported missing since her last flight Sunday, police said yesterday.She was last seen being picked up by a man at Soekarno-Hatta International Airport, police said.

Where to go in Bandung:

Where to go in Bandung:Music and Entertainment * Chedi Hotel, Jl. Rancabentang 56 - 58: Job (Pianist), 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.

Dangerous nightspots face heavier sanctions

Dangerous nightspots face heavier sanctions BOGOR (JP): The city fire agency intends to impose legal sanctions against nightlife establishments which do not have safety equipment to deal with fires, an official said yesterday.

Bintang wants new chief prosecutor

Bintang wants new chief prosecutor JAKARTA (JP): Dissident politician Sri Bintang Pamungkas, under investigation for allegedly disseminating antigovernment messages, fought back from his cell at the Attorney General's Office yesterday by demanding an investigating prosecutor be dismissed.

ASEAN CCI

ASEAN CCICorrection: A European Commission representative in a photo caption on this page yesterday was mistakenly identified as former Australian ambassador to Indonesia Bill Morrison. It should have read Ambassador Klauspeter Schmallenbach, head of the representation of the European Commission in...

Woman hypnotized

Woman hypnotized JAKARTA (JP): A thief hypnotized a woman, 24 year-old Nurilah, and ran away with Rp 3.5 million (US$1,458) in cash yesterday, her uncle said.Abdul Kadir said he reported the incident to the Palmerah police precinct in West Jakarta, hoping the police would catch the thief.

Judge denies pressure in Megawati's lawsuit

Judge denies pressure in Megawati's lawsuit JAKARTA (JP): A judge trying one of the dozens of Megawati Soekarnoputri's lawsuits against the government denied yesterday allegations of state pressure on the courts to rule in the government's favor.

Sports council rethinks scheduling

Sports council rethinks scheduling BANDUNG (JP): The National Sports Council's research and development department is looking at ways to reschedule national sports events and national training schedules to help athletes.

Traffic change near Jl. Museum

Traffic change near Jl. Museum JAKARTA (JP): The old Jl. Museum in Central Jakarta will be closed while the new Jl. Museum is built.This will affect traffic flow in the area, an official said yesterday.The City Land Transport and Traffic Control Agency head J.P. Sepang said as of 7:00 a.m.

Mikola packs his bags for 13 Formula III races

Mikola packs his bags for 13 Formula III races JAKARTA (JP): Rising star Ananda Mikola is scheduled to compete in 13 Formula III races in three European countries, Macao and at home on the Sentul circuit, near Bogor.

Accommodation from both sides needed

Accommodation from both sides needed The Indonesian government will deny the United Nation's Human Rights Commission a recommendation to establish a representative office in Jakarta. The commission's ambition to open an office here was induced by its concern about human rights conditions in...

Whale shark

Whale shark The photograph which appeared on Page 2 of The Jakarta Post (March 11) described the fisherman's catch as a whale, but it looks like a whale shark.Whale sharks are the largest fish in the world and can reach 12 meters in length.

Malaysia promotes disputed island

Malaysia promotes disputed island JAKARTA (JP): Malaysia promoted Sipadan, an island also claimed by Indonesia, as one of its tourist paradises during the recent Berlin Tourism Bourse, a press report said yesterday.Indonesian consul general in Berlin Indra M.

50 activists protest labor bill at House

50 activists protest labor bill at House JAKARTA (JP): Around 50 labor activists staged a noisy demonstration at the House of Representatives yesterday, rejecting the labor bill which they say fails to protect employees' rights.

Vietnamese top brass in Yogya

Vietnamese top brass in Yogya YOGYAKARTA: Vietnamese Armed Forces Chief Gen. Pham Van Tra visited the Indonesian Air Force Academy here yesterday.Accompanied by the academy's governor, Maj. Gen. Gandhy NS, the Vietnamese general toured the campus and observed its facilities, Antara reported.

ACeS eyes ties with ASEAN companies

ACeS eyes ties with ASEAN companies JAKARTA (JP): ASEAN telecommunications firm PT Asia Cellular Satellite (ACeS) is inviting other ASEAN companies to join it in developing Asia's most cost-efficient satellite-based telecommunications system.The president of ACeS. Adi R.

Far East traders react to RI's low coffee harvest

Far East traders react to RI's low coffee harvest SINGAPORE (Reuter): Far East traders reacted yesterday with bemused skepticism to reports Indonesia's coffee output may fall by up to 40 percent in 1997, saying the talk was an attempt to further boost rallying prices.

Satelindo gets $135m loan from Paribas

Satelindo gets $135m loan from Paribas PARIS (JP): Private telecommunications operator PT Satelit Palapa Indonesia (Satelindo) has secured a US$135.89 million loan from French Paribas.The loan, which will be signed here today, will be guaranteed by the French Export Credit Agency, COFAS.

Gopi of India upsets Alan at All-England

Gopi of India upsets Alan at All-England BIRMINGHAM, England (Agencies): The 1992 Olympic gold medalist Alan Budikusuma of Indonesia unexpectedly lost to young Indian shuttler Pullela Gopi Chand 15-2, 10-15, 15-3 at the All England Badminton Championship on Tuesday.

PPP activists attack vehicles

PPP activists attack vehicles SURABAYA: Local military commander Maj. Gen. Imam Utomo has summoned United Development Party (PPP) leaders to account for recent vandalism involving party activists.The incident took place Sunday in Pasuruan when trucks of PPP activists heading for Surabaya to attend...

Indofood to cuts purchase price

Indofood to cuts purchase price JAKARTA (JP): The Salim Group's publicly listed Indofood Sukses Makmur has cut the price of buying its sister companies from Rp 1.7 trillion to Rp 1.5 trillion (US$633 million).

Politicians agree Constitution forbids opposition

Politicians agree Constitution forbids opposition JAKARTA (JP): Politicians and observers agreed yesterday the 1945 Constitution did not recognize opposition, but some of them underlined the need for greater democratization.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 12, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 1,025 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 70,500 Alumindo Light Metal 1,200 -25 345,000...

New telephone line

New telephone line We thought that an extra telephone line would be a good idea, especially as PT Telkom was offering a special low price for new lines in our area. Our new line was operational on Jan. 29, 1997 but when we went to pay the bill we were told that we had not paid for two months...

Harmoko tour reveals region's political color

Harmoko tour reveals region's political colorBy Ainur R. Sophiaan JAKARTA (JP): Minister of Information Harmoko has made it clear time and again that his annual Ramadhan safari is meant to disseminate information about national development and gauge the grassroots' response to it.

PDI banners burned

PDI banners burned SEMARANG: People claiming to be Indonesian Democratic Party (PDI) activists frustrated by the party's interminable leadership conflict have burned hundreds of PDI banners in the Blora regency.

Art events

Art events Painting Exhibition by Krijono at Duta Fine Arts Foundation, Jl. Kemang Utara 55A, South Jakarta, Ph. 7990226. March 9 through March 30 (10 a.m. to 7 p.m. Tuesdays to Saturdays, 11 a.m. to 4 p.m. Sundays and Mondays).

Sawah Besar residents want higher land compensation

Sawah Besar residents want higher land compensation JAKARTA (JP): Residents of the Sawah Besar district in Central Jakarta asked the city council Tuesday for higher compensation for land appropriated for a planned river widening project.

BI lowers discount rate

BI lowers discount rate JAKARTA (JP): The central bank, Bank Indonesia, has lowered its discount rate for short-term money market securities (SBPU) yesterday by 50 basis points.The central bank did not announce the cut but money dealers said the key rate for one-week securities was cut to 14.

Malaysian minister urges ASEAN to form consortia

Malaysian minister urges ASEAN to form consortia JAKARTA (JP): Malaysia's Minister of International Trade and Industry, Rafidah Aziz, has called on ASEAN's business communities to form ASEAN consortia to enter developed markets and attract large international players as partners.

Phone disruptions in Cipondoh

Phone disruptions in Cipondoh JAKARTA (JP): The road widening project on Jl. Raya Cipondoh and its surrounding areas in Tangerang, west of here, will disrupt telephone lines beginning with 551, 552, 553 and 554 prefixes, state-owned PT Telkom said.

RI cruises to Fed Cup qualifying semifinals

RI cruises to Fed Cup qualifying semifinals JAKARTA (JP): Indonesia's Federation Cup tennis team cruised to the Asia Oceania Qualifying Group I semifinals by eliminating India 3-0 yesterday in round-robin matches in Wellington, New Zealand.

House ratifies SE Asia nuclear weapon treaty

House ratifies SE Asia nuclear weapon treaty JAKARTA (JP): Indonesia ratified yesterday the Southeast Asia Nuclear Weapons Free Zone Treaty, thus becoming the decisive seventh country needed for the treaty's implementation.

Where to go in Jakarta:

Where to go in Jakarta:Music * Radisson Hotel, Jl. Pecenongan 72, Central Jakarta: - Lobby Lounge Bar; Vino on Bass and Yudi on Piano, Mona and Nongky (Singers), Monday to Saturday, 6 p.m. to 10 p.m. * Ancol Travelodge, Jl. Lodan Timur No.

Growing living costs

Growing living costsFrom MerdekaWe were informed recently that Indonesia's population has now reached 200 million souls. State Minister of Population/Chairman of the National Family Planning Board Dr. Haryono Suyono had been anticipating the birth of the country's 200 millionth citizen.

Local judokas aim to learn from world championship

Local judokas aim to learn from world championship JAKARTA (JP): Indonesia's best judokas, Kresna Bayu and Aprilia Marzuki, expect to learn a lot at the World Judo Championships in Warsaw, Poland, on March 14 and March 15."I want to learn the European style because I have studied Asian style.

Bureaucracy affects press language

Bureaucracy affects press languageBy Ignas Kleden JAKARTA (JP): A seminar titled "The role of the mass-media in promoting the Malay-Indonesian language" recently examined bureaucracy and its influence on language and the media.

Gymnasts to compete overseas before Games

Gymnasts to compete overseas before Games JAKARTA (JP): Local gymnasts will compete overseas in the lead-up to the 19th SEA Games, the secretary-general of the Indonesian Gymnastics Association (Persani) said yesterday.

KL asks Lee to drop criticism

KL asks Lee to drop criticism KUALA LUMPUR (AFP): Malaysia yesterday demanded Singapore Senior Minister Lee Kuan Yew retract criticism of the southern state of Johor which he said was "notorious for shootings, muggings and car-jackings.

Argo Pantes' investment

Argo Pantes' investment We refer to the article Argo Pantes doubles annual capacity to 24 million yards (March 3, 1997).We would like to inform you that an incorrect statement made by Mr. Chan Wing Wah was printed on the article.

Fiat enters India

Fiat enters India NEW DELHI (AFP): Indian government yesterday cleared a plan by Fiat SpA of Italy to manufacture a passenger car model in India, a government spokesman said.The spokesman said Fiat will hold a majority stake of 74 percent equity in the joint venture company which has local Premier...

Broadcasting Law to improve treatment of women?

Broadcasting Law to improve treatment of women?By Lucia Esti Elihami YOGYAKARTA (JP): Television, along with radio and other means of broadcasting, has an increasing influence on Indonesian society today.

Ramos returns from 10-day tour

Ramos returns from 10-day tour MANILA (AFP): President Fidel Ramos arrived in the Philippines yesterday after a 10-day, five-nation tour through South Asia and the Middle East which he said had expanded the country's export and investment potential.

Official says Busang causes investors concern

Official says Busang causes investors concern TORONTO (Reuter): A top Indonesian mining official said on Tuesday that the recent battle over the huge Busang gold deposit in East Kalimantan has caused some uncertainty among foreign investors in Indonesia."We realize...

Quake victims coming home

Quake victims coming home MAUMERE, East Nusa Tenggara: Hundreds of the 1992 quake evacuees who had been living in the Sikka regency are streaming back to Babi Island, 23 miles north of here, in the belief the island is finally safe.

'Editorial board legally responsible for content'

'Editorial board legally responsible for content' JAKARTA (JP): The director of the Jakarta-based Dr. Soetomo Press Institute said on the witness stand in the Suara Independen trial yesterday the magazine's editorial board was responsible for the publication.

Analyst calls for more state firms consolidations

Analyst calls for more state firms consolidations JAKARTA (JP): State-owned companies should carry out huge consolidation measures in order to survive in an increasingly global free trade, an analyst said yesterday.

RI to be one of five largest economies by 2019: Hartarto

RI to be one of five largest economies by 2019: Hartarto JAKARTA (JP): Indonesia will be one of the world's five biggest economies by 2019 when its current 25-year development plan ends, Coordinating Minister of Production and Distribution Hartarto said yesterday.

RP sugar glut seen easing with import ban

RP sugar glut seen easing with import ban MANILA (Reuter): The Philippine sugar sector, now soaking from a glut due to over importation at cheaper prices, got a reprieve yesterday after the government extended an import ban up to July this year.

Hospital catches fire in earthquake

Hospital catches fire in earthquake MANILA (Reuter): An earthquake measuring 7.0 on the Richter scale hit the southern Philippine island of Mindanao yesterday, triggering a fire that damaged a hospital building but leaving no casualties, officials said.