Indonesian Political, Business & Finance News

Archive: 5 March 1997

53 articles found

ASEAN cocoa club talks about regional contract

ASEAN cocoa club talks about regional contract JAKARTA (JP): Southeast Asian cocoa producers opened a two-day meeting yesterday to discuss the possibility of establishing a common regional trading contract as an alternative to the existing contracts of London, New York and Paris.

GSM services to expand

GSM services to expand JAKARTA (JP): PT Excelcomindo Pratama, one of the three operators of the global system for mobile communication (GSM) in Indonesia, will expand its overseas roaming services.Company president Julius S.

Southern Pacific plans more hotels in RI

Southern Pacific plans more hotels in RI JAKARTA (JP): PT Southern Pacific Indonesia (SPI), a subsidiary of Australia's Southern Pacific Hotel Corporation Group, will run a three-star Centra hotel owned by PT Graha Chandra Buana, in Semarang, Central Java, this year.

Toward better elections

Toward better elections The United Development Party (PPP) hopes the upcoming general elections will be of higher quality than those held previously. This aspiration was detected from the political statement issued by the party at the closing of its leadership conference a few days ago.

New police HQ project start uncertain

New police HQ project start uncertain JAKARTA (JP): City Police Headquarters' activities will move to the former office of traffic affairs when a developer starts rebuilding on the grounds, National Police Chief Lt. Gen. Dibyo Widodo said.

Where to go in Jakarta:

Where to go in Jakarta:Music * Ancol Travelodge, Jl. Lodan Timur No. 7, Taman Impian Jaya Ancol, North Jakarta: - Jungles Restaurant; Pasar Malam, Keroncong and Kecapi Suling, Friday, 6 p.m. to 10.30 p.m., Dixie Band, Saturday, 6 p.m. to 10.30 p.m., Trio Band, Sunday, 12 p.m. to 3 p.m. - No.

Inti, Alcatel set up JVC

Inti, Alcatel set up JVC JAKARTA (JP): State-owned telecommunications equipment producer PT Inti and the telecommunications division of Alcatel Cables of French Alcatel have signed an agreement to form a joint venture fiber optics company.

The country's riches

The country's richesFrom MerdekaAccording to a decree issued by the Minister of Mines IB Sudjana, Indonesian conglomerates Bob Hasan and Aburizal Bakrie are the legal shareholders and contractors of the gold mines in South Kalimantan.

Making kites in schools

Making kites in schools BANDAR LAMPUNG, Lampung: Indonesian students will learn to make kites in school next year, Antara reported yesterday.Indonesian Association of Kites Chairman Anshori Djausal said the extracurricular subject would be introduced in the 1997/1998 school year at local primary,...

Unequal justice

Unequal justiceFrom NeracaSometime ago Metro Jaya Police detained scalpers of vehicle licenses, like car licenses on Jl. Daan Mogot, West Java. Later we learnt that the scalpers had been released after promising not to make the same error.

Storms destroy 10 houses

Storms destroy 10 houses CILACAP, Central Java: Heavy rain and strong winds destroyed 10 houses in Tambaksari village, Kedungreja district, yesterday afternoon, leaving 12 families homeless.Cilacap Regent Mohammad Soepardi visited the disaster site and promised to provide financial assistance to...

Patra and LTI to tie up

Patra and LTI to tie up JAKARTA (JP): PT Patra Jasa, owner and manager of Hotel Patra Jasa Bali, will sign a franchising and marketing service agreement with LTI International hotel, a subsidiary of Germany's LTU.

Men arrested for killing own brother

Men arrested for killing own brother JAKARTA (JP): Three men were arrested for killing their own brother and burying him in their yard, the chief of Bogor police precinct said yesterday.Lt. Col. Yudi Susharyanto said the three men had admitted to killing Ismail, 35, a hot-tempered man who liked to...

Ex-driver confesses to Bogor grannies' slaying

Ex-driver confesses to Bogor grannies' slaying JAKARTA (JP): Police have arrested the man who killed two elderly women last week in their house at Cinere, Bogor, 25 kilometers south of here, the chief of Bogor police precinct said yesterday.Lt. Col.

Bumpy road towards democracy

Bumpy road towards democracyBy Mochtar Buchori JAKARTA (JP): Talk about restoring democracy is again pervading our society. Researchers at the Indonesian Institute of Sciences, for instance, have argued that the Indonesian Armed Forces (ABRI) should minimize its political role to allow democracy to...

Mobil awards gas deal

Mobil awards gas deal FAIRFAX (Reuter): Mobil Corp said P.T. Tripatra Engineers and Constructors has been awarded a lump sum turnkey contract for a pipeline to develop the North Sumatra Offshore "A" natural gas field.

Trio charged with killing Hun Sun's brother-in-law

Trio charged with killing Hun Sun's brother-in-law PHNOM PENH (AFP): Three members of Cambodia's leading opposition party have been arrested and charged with the unsolved murder of Second Prime Minister Hun Sen's brother-in-law, court officials said yesterday.

PRD activists refuse to testify

PRD activists refuse to testify JAKARTA (JP): Three Democratic People's Party (PRD) activists refused yesterday to testify against their leader Budiman Sujatmiko, who is on trial for subversion.Their decision angered Judge Sjoffinan Sumantri of the Central Jakarta District Court.

Two police, civilian held for detainee's escape

Two police, civilian held for detainee's escape JAKARTA (JP): Two police officers and a civilian have been arrested over the escape of an alleged heroin smuggler from the National Police detention center last month.The National Police Chief Lt. Gen.

Pasir Putih's popularity proves a mystery

Pasir Putih's popularity proves a mystery Popularity. We all crave it and if we get it we usually strain every sinew to retain it. With some people and places the key to success is easy to spot; beauty, charm, charisma and quality ooze from every pore. With others it is a different story.

Budget surplus for 1996/1997 hits $340 million

Budget surplus for 1996/1997 hits $340 million JAKARTA (JP): The Minister of Finance, Mar'ie Muhammad, said yesterday the 1996/97 budget would have a surplus of about Rp 817.9 billion (US$340 million).He told a House plenary session that 1996/97 budget revenue would reach Rp 95.

RI to offer Japan a deal to solve car dispute

RI to offer Japan a deal to solve car dispute JAKARTA (JP): Indonesia has tried to make commercial approaches in its bilateral negotiations with the United States and Japan on the national car policy, an official said yesterday.

Pontianak lawyers prepare to defend riot suspects

Pontianak lawyers prepare to defend riot suspects JAKARTA (JP): Indonesian Bar Association lawyers in West Kalimantan have set up a team to defend dozens of people facing trial for their alleged involvement in recent riots.

TV today

TV todayTVRI 2:30 p.m. Travel: My Country 2:35 TV Series: Fun House 3:05 Children's Program: Arena 123 3:30 TV Series: Perfect Strangers 4:00 News: Lintasan Berita 4:05 TV Drama: Diantara Kita 4:30 Documentary Film 4:55 Filler and Trailer 5:00 Evening News 5:25 Travel: My Country 5:30 Indonesian...

Seminar on water supply

Seminar on water supply JAKARTA (JP): Singapore's Centre for Management Technology will organize a conference on private sector participation in water supply in Indonesia from July 2 to July 3.The company said the conference would discuss issues related to government support, financing,...

Seaport efficiency

Seaport efficiency Minister of Transportation Haryanto Dhanutirto's plan to stop the ship-side trucking service for imports through the Jakarta seaport of Tanjung Priok has raised a fundamental question about the basic function of physical infrastructure.

Indonesia invited to invest in Mongolia

Indonesia invited to invest in Mongolia JAKARTA (JP): Mongolian President Punsalmaagiin Orchirbat has invited Indonesia to participate in the exploration of the central Asian country's oil and gas reserves.The Mongolian president made the invitation during a meeting with President Soeharto.

PPP accepts its second fiddle role

PPP accepts its second fiddle roleBy Dwi Atmanta JAKARTA (JP): As the general election draws near, the United Development Party (PPP) has resigned itself to doing no more than playing second fiddle to Golkar, despite its claim of voicing the aspirations of the country's Moslems.

Mar'ie suggests liquidation of ailing banks

Mar'ie suggests liquidation of ailing banks JAKARTA (JP): Minister of Finance Mar'ie Muhammad said yesterday the government would not hesitate to liquidate ailing banks to strengthen the banking industry in the face of financial liberalization in the region.

No need to rush

No need to rush Despite strong opposition from environmentalists, the Indonesian parliament last week passed a bill which paves the way for the country's first nuclear power plant to be built by the turn of the century.

Moerdiono joins 'clobber' debate

Moerdiono joins 'clobber' debate JAKARTA (JP): President Soeharto's threat to "clobber" anyone attempting to unconstitutionally unseat him should serve as a warning to potential lawbreakers, Minister/State Secretary Moerdiono said yesterday.

Cocoa output projected to rise to 400,000 tons

Cocoa output projected to rise to 400,000 tons JAKARTA (JP): Indonesian cocoa production is projected to increase to about 400,000 tons a year by 2000 from about 310,000 tons this year, according to the Indonesian Cocoa Association.The association's executive director, P.S.

ABRI has new spokesman

ABRI has new spokesman JAKARTA: Former Army intelligence officer Brig. Gen. Slamet Supriyadi was installed as chief of Armed Forces' Information Center yesterday, replacing Maj. Gen. Amir Syarifuddin who has been promoted to a supervisory position.

Govt defends campaign rules

Govt defends campaign rules JAKARTA (JP): The government is refusing to revise the election campaign rules despite complaints from the United Development Party (PPP)."It is not possible to revise the rules as they are a compilation of the aspirations of all elements in society, including the PPP...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on March 4, 1997: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 1,175 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,150 -25 384,500 Alumindo Light Metal 1,275 25 594,500...

RP oil firms sign pact

RP oil firms sign pact MANILA (Reuter): Shell Philippines Exploration and Occidental Philippines have signed a pact with a subsidiary of the state-run Philippine National Oil Co to begin negotiations for a possible venture in a gas pipeline project.

The issue of cloning

The issue of cloning I was extremely surprised to see The Jakarta Post joining in the chorus against scientists in the wake of recent revelations about cloning. To label "western" scientists as uncaring about morality, much less religion, is both nonsense and bordering on the hysterical.

No halt in sight in Seribu Islands sand quarrying

No halt in sight in Seribu Islands sand quarrying JAKARTA (JP): State Minister of Environment Sarwono Kusumaatmadja said uncontrolled sand quarrying in the Seribu Islands would most likely continue as long as there was no alternative building material.

Farmers up in arms over temple visitors' ungodly acts

Farmers up in arms over temple visitors' ungodly actsBy K. Basrie KARAWANG, West Java (JP): Thousands of curious people visiting a group of ancient temples in the Segaran and Telaga Jaya villages have angered local farmers by destroying kilometers of embankments in nearby rice fields.

Jakarta sports new style stack parking

Jakarta sports new style stack parking JAKARTA (JP): Some of Jakarta's buildings have got a new style parking system in efforts to provide better service to tenants.Two companies are using a stacked parking system while three others are having it constructed.

RI foreign exchange income rises 4.3%

RI foreign exchange income rises 4.3% JAKARTA (JP): Indonesia's foreign exchange earnings from foreign tourists rose by 4.3 percent in January to US$370.2 million from $354.9 million in the same month of the previous year.

Wismoyo criticized over training

Wismoyo criticized over training JAKARTA (JP): National Sports Council Chairman Wismoyo Arismunandar faced criticisms from women basketballers yesterday about arrangements for female athletes in training for the 19th SEA Games here in October.

Seasonal greeting plunges Bintang into fresh trouble

Seasonal greeting plunges Bintang into fresh trouble JAKARTA (JP): Dissident politician Sri Bintang Pamungkas, facing a 34-month prison sentence for insulting President Soeharto, is heading for further trouble on account of his Idul Fitri greeting cards which contained antigovernment messages.

Palm oil industry closes to foreigners

Palm oil industry closes to foreigners JAKARTA (JP): The Minister of Agriculture, Sjarifudin Baharsjah, said yesterday the government had frozen the palm oil industry for foreign investors because of oversupply in world markets.

Police shoot thief

Police shoot thief JAKARTA (JP): A plainclothes police officer shot a man for robbing a bank customer yesterday on Jl. Bendungan Hilir, Central Jakarta.Eyewitnesses said the man, later identified as Krisnadi, allegedly robbed a bank client of Rp 2 million in front of the Rajawali bank.

Law course for priests, youths

Law course for priests, youths DILI, East Timor: The head of Provincial Prosecutors Office, J.F. Martanto, said his office would hold a law course for local priests and youths, two elements of society who can bridge gap between the community and the government.

Commemorating Linggardjati

Commemorating Linggardjati For a student of the history of Indonesian diplomacy in the 1945-1950 period, March will be remembered as a milestone for the first act of international law performed by the Indonesian Republic since its proclamation of independence.

More incentives needed to promote oil industry

More incentives needed to promote oil industry JAKARTA (JP): The government should increase incentives for oil explorers in eastern Indonesia, former minister of mines and energy Subroto said yesterday.

Two tons of explosives seized

Two tons of explosives seized JAKARTA (JP): Police confiscated more than two tons of illegal explosives in a month-long operation in Parung Panjang Bogor, and arrested two stone quarriers and a chemical distributor.The National Police Detectives Chief Brig. Gen.

Exporters lack knowledge of foreign trade regulations

Exporters lack knowledge of foreign trade regulations JAKARTA (JP): Much of Indonesia's business community lacks knowledge of trade regulations in the countries where they do business, an official said yesterday.

Labor bill allows abuse of workers' rights: Activists

Labor bill allows abuse of workers' rights: Activists JAKARTA (JP): The National Commission on Human Rights and labor activists have joined forces to pressure legislators into overhauling a new bill that aims to give the government sweeping control of labor affairs.

The specialty of FM3 restaurant

The specialty of FM3 restaurantBy K. Basrie JAKARTA (JP): It was a surprising experience to dine at the FM3 Restaurant near the entrance gate to the Tangerang toll road.It was late Saturday evening and my companion and I were looking for a restaurant in Kebon Jeruk, West Jakarta. It was 11 p.m.

Asahimas profits drop

Asahimas profits drop JAKARTA (JP): Publicly listed glassmaker PT Asahimas Flat Glass Co. Ltd reported a decline in net profits of about 35 percent to Rp 44.1 billion (US$18.52 million) in 1996 from Rp 73.71 billion in 1995.The company announced that its net sales dropped by 14 percent to Rp 347.