Indonesian Political, Business & Finance News

Archive: 15 April 1997

53 articles found

FAST FACT FILE

FAST FACT FILE Name of golf club : Finna Golf and Country ClubAddress : Jl. Raya Barsari Prigen, Pandaan 67156, Ja-Tim, IndonesiaTelephone : 62 343 632153-5 Fax: 62 343 632156Developer : Pacific GolfCourse Designer : Peter Thomson, Michael Wolveridge, Ross PerrettDate Opened : 12 December 1993Total...

Anthony Salim to join reclamation project

Anthony Salim to join reclamation project JAKARTA (JP): Deputy Governor for Economic and Development Affairs Tb.M. Rais said yesterday that Anthony Salim of the widely diversified Salim group would join the reclamation project in the Jakarta Bay.

Marubeni funds RI coal

Marubeni funds RI coal TOKYO (Reuter): Marubeni Corp and Sumitomo Corp said yesterday they would provide US$100 million for Indonesia's P.T. Indominco Mandiri's coal mine project in Kalimantan.A statement said each of the Japanese companies would provide $35 million in 10-year loan and acquire $15...

Telkomsel or not Telkomsel

Telkomsel or not Telkomsel On March 28, I bought a Kartu Halo handphone card (No.823239) from a Telkomsel promotion stand in Bintaro Plaza. I produced all required identification and took my new card home, assured by the sales staff that it would be active that evening.

SembCorp may offer shares for Jurong

SembCorp may offer shares for Jurong SINGAPORE (Reuter): SembCorp Ltd said yesterday it was considering offering new SembCorp shares and cash as an alternative to just cash in its takeover offer for Jurong Shipyard.

Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Horison, Jl. Pantai Indah, Taman Impian Jaya Ancol, North Jakarta: - The Anging Mamiri Garden: Fantastic Group from Philippines, Ever Green Hawaian Band / Orkes Keroncong, Hula-hula Dances, every Saturday Night, 7 p.m. to 10:30 p.m.

TV today

TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Berenstain Bears 3:00 News: Lintasan Berita 3:10 Teenagers' Program: Remaja Indonesia 3:35 Music: Lagu Pop Daerah 4:00 Regional News 4:30 Science and Technology Program 5:00 English Lessons 5:25 Variety Show...

Death knell sounded for Asia's only coffee contract

Death knell sounded for Asia's only coffee contract SINGAPORE (AFP): Two years after its high-profile launch, Asia's sole coffee futures contract is on its death bed amid poor support from traders whose links with liquidity driven Western exchanges are firmly rooted.

200,000 welcome victorious team

200,000 welcome victorious team DHAKA (AFP): About 200,000 people packed central Dhaka yesterday to welcome the Bangladesh cricket team that produced the country's greatest sporting moment by winning the ICC Trophy.

Holidays, weak demand to hit SE Asia rubber prices

Holidays, weak demand to hit SE Asia rubber prices SINGAPORE (Reuter): A string of holidays in Southeast Asia along with soft demand will keep rubber prices in the doldrums this week, regional traders said yesterday."It's going to be a terrible week.

Few rescued orangutans go back to natural wild

Few rescued orangutans go back to natural wild TANJUNG PUTING, Central Kalimantan (JP): Before Gistok was brought to Tanjung Puting National Park and orangutan rehabilitation center, he wore clothing over his long red hair and ate tea and cakes with the children of a family in Central Kalimantan.

Government mulls tax incentives for timber estates

Government mulls tax incentives for timber estates JAKARTA (JP): The minister of forestry, Djamaluddin Suryohadikusumo, said yesterday he was looking at tax incentives to encourage investors to develop industrial timber estates.

Kalimantan Madurese may be resettled

Kalimantan Madurese may be resettled JAKARTA (JP): Thousands of Madurese migrants may be moved to another province in the wake of the recent ethnic clashes in West Kalimantan, a cabinet minister said yesterday.

Tight security urged for election campaigns

Tight security urged for election campaigns JAKARTA (JP): The United Development Party (PPP), which has denied triggering recent unrest in Central Java, urged the Armed Forces yesterday to secure the April 27 to May 23 election campaigns.

Singapore rubber quiet

Singapore rubber quiet SINGAPORE (Reuter): The Singapore rubber market was largely quiet at the close yesterday although some consumers were said to have done some spot deals for SIR20 rubber from Indonesia, dealers said."I heard there was some buying for SIR20 rubber from Indonesia," a dealer said.

Rp 4.6t for mutual fund

Rp 4.6t for mutual fund JAKARTA (JP): PT Astek, the state-owned social worker insurance company under Ministry of Manpower supervision, will invest about Rp 4.6 trillion (US$1.93 billion) in mutual funds.The company has assets of Rp 7 trillion.

Sugar plant in Sulawesi

Sugar plant in Sulawesi JAKARTA (JP): PT Sumber Madu Bukari will build a Rp 200 billion (US$82.6 million) sugar plant in Southeast Sulawesi later this month.The head of the provincial administration's plantation agency, Soewondo, was quoted yesterday by Antara as saying the company had secured...

The Jagorawi robbery and murder trial begins

The Jagorawi robbery and murder trial begins BOGOR (JP): The trial of two men charged with being accessories to robbery and murder on the Jagorawi toll road last October began yesterday.The trial is being conducted at the Bogor District Court in two separate rooms with the same prosecution teams.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 14, 1997: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 1,025 0 0 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 0 Alumindo Light Metal 1,025 -25 1,014,000 Alumindo...

KL to use spies to curb corruption

KL to use spies to curb corruption KUALA LUMPUR (DPA): Malaysia's Home Ministry will appoint "spies" in several of its departments in a bid to curb corruption especially among police and immigration officials, news reports said yesterday.

7,500 trees planted in Jember

7,500 trees planted in Jember JEMBER, East Java: Hundreds of youth organizations, teachers, musicians and other members of the community worked together Sunday to plant 7,500 trees along the Bedadung River.

President delays contract of work for Busang mine

President delays contract of work for Busang mine JAKARTA (JP): President Soeharto has delayed the issue of the contracts of work (COW) for Bre-X and its partners to develop its Busang gold mine in Kalimantan, the minister of mines and energy, I.B. Sudjana, said yesterday.

Golkar to spend Rp 1.5b for artists

Golkar to spend Rp 1.5b for artists JAKARTA (JP): The city-chapter of the ruling Golkar estimates it will spend Rp 1.5 billion (US$652,173) to pay the 300 artists participating in Golkar's nine campaign rounds.

Workers' burnt bodies arrive

Workers' burnt bodies arrive SURABAYA: The charred bodies of two Indonesian women workers arrived here last night from Hong Kong, Antara reported yesterday.Sunarlik, 29, was a resident of Trenyang village in Sumber Pucung, Malang, while Rukayah Dul Basir was from Sumber Rejo village in Sanan Kulon,...

New flood controls for N. Jakarta

New flood controls for N. Jakarta JAKARTA (JP): Residents in North Jakarta can look forward to an end to the constant flooding in their area thanks to three new flood control projects to begin this week.

PT Amsteel to launch two mutual funds

PT Amsteel to launch two mutual funds JAKARTA (JP): PT Amsteel Securities Indonesia will launch two mutual funds by the end of the year.Amsteel's director, Eric Y Nasution, said yesterday the company aimed to collect about Rp 200 billion (US$84.

Yemen satisfied with 0-0 draw against RI

Yemen satisfied with 0-0 draw against RI JAKARTA (JP): Yemeni soccer coach Hazim Jassam said he was satisfied with his team's 0-0 draw against Indonesia in Sunday's World Cup Asian zone qualifier at the Senayan stadium.

Legislators promise to deliberate all bills

Legislators promise to deliberate all bills JAKARTA (JP): The clock is ticking away for members of the House of Representatives, whose term ends on Sept. 30, but they have promised to complete all bill deliberations in August so as not to leave unfinished work for their successors.

Sunday's blackout

Sunday's blackout It is still hard to believe that the mere malfunctioning of three electronic cards worth about US$33,000 at the Gandul transmission and load-control station could have brought down almost the entire power grid in Java and Bali for 10 hours.

'Wuquf' Day to fall on Thursday

'Wuquf' Day to fall on Thursday JAKARTA (JP): The Islamic ritual of wuquf (standing) on the Plain of Arafat, Saudi Arabia for haj pilgrims will take place Wednesday, coinciding with the ninth day of the Islamic month of Dzulhijjah.

Liberalizing telecoms market

Liberalizing telecoms marketBy Bondan Winarno JAKARTA (JP): The race is on! By 2004, the government will have to end the duopoly in the provision of the international telecommunications services now enjoyed by Indosat and Satelindo. By 2007, the domestic long distance telephone must be opened.

BHP expects deal on Timor gas

BHP expects deal on Timor gas MELBOURNE (Reuter): The Broken Hill Pty Co Ltd said yesterday it expects to reach a joint agreement on the design of the Bayu- Undan gas-condensate project in the Timor Sea between northwestern Australia and Indonesia this year.

Improved information needed to fight AIDS

Improved information needed to fight AIDS JAKARTA (JP): A doctor has called for improved information about AIDS to the public in the face of indifference, discrimination, prejudice and insult experienced by people infected with the virus.

ID stickers to be issued for campaigners' cars

ID stickers to be issued for campaigners' cars JAKARTA (JP): Police will issue official car stickers, in the political parties' colors, to campaigners for the general election campaign period.City Police spokesman Lt. Col. E.

Ethnological studies on E. Timor

Ethnological studies on E. Timor DILI, East Timor: Dili Bishop Carlos Filipe Ximenes Belo will initiate studies on the cultural development of the East Timorese, Antara reported yesterday.The local people need to know about their culture and identity as an ethnic group, Belo said here Saturday.

18 gymnasts chosen for SEA Games squad

18 gymnasts chosen for SEA Games squad JAKARTA (JP): Eighteen gymnasts have been named for the 19th SEA Games squad, the Indonesian Gymnastics Association announced yesterday.Afrina Siahaan, Novi Kartianasari, Sherly Novitasarie, Nurfiana Achmadi, Ellyningsih, Helda Sulistina and Dewi Prahara are...

Orangutans reintroduced to nature at Tanjung Puting

Orangutans reintroduced to nature at Tanjung Puting Jakarta Post contributor Rebecca Mowbray visited Tanjung Puting National Park on a recent journey through Kalimantan. The following are her articles and photos of the orangutans in the area.

Tough bunkers no match for the meek at Finna Golf Club

Tough bunkers no match for the meek at Finna Golf ClubBy Nicklaus D'Cruz It might be possible for you to lose hope in yourself ... to have your confidence shattered just halfway through your round at Finna Golf & Country Club in Surabaya, Indonesia.

Sahid Makassar opens

Sahid Makassar opens UJUNGPANDANG, South Sulawesi (JP): The four-star, 250-room Hotel Sahid Makassar was opened here Saturday by South Sulawesi Governor Z.B. Palaguna.The Sahid group owns 60 percent of the hotel, and the Kalla group 40 percent.

Indonesia and Australia linked by fiber optic cable

Indonesia and Australia linked by fiber optic cable JAKARTA (JP): Indonesia and Australia have been linked by a 2,800-kilometer submarine fiber optic cable that will improve telecommunications and broadcasting services between the two countries.

Power blackout 'planned': Sudjana

Power blackout 'planned': Sudjana JAKARTA (JP): The minister of mines and energy, I.B. Sudjana, who originally said Sunday's 10-hour blackout was because of technical trouble, said yesterday the State Electricity Company (PLN) deliberately cut power so it could do repair work.

Primaswadana Finance gets Rp 60b loan

Primaswadana Finance gets Rp 60b loan JAKARTA (JP): Finance company PT Primaswadana Perkasa Finance, a PSP Group subsidiary, secured a Rp 60 billion (US$24.76 million) syndicated loan yesterday.Primaswadana's president, Robert Sutanto, said his company would use the loan to supply motor vehicle...

HK still needs Indonesian workers despite handover

HK still needs Indonesian workers despite handover JAKARTA (JP): Hong Kong's reunification with China in July will not affect the demand for Indonesian workers, Minister of Manpower Abdul Latief said yesterday.

Neptune to be major global carrier

Neptune to be major global carrier SINGAPORE (Reuter): Neptune Orient Lines Ltd (NOL)'s US$825 million takeover of U.S. container carrier APL Ltd will make NOL a major global carrier with more clout on the trans-Pacific route, NOL officials said yesterday.

Court cross-examines Zarina in Ecstasy trial

Court cross-examines Zarina in Ecstasy trial JAKARTA (JP): The defendant in an Ecstasy case admitted yesterday that she did have keys to a safe containing 29,677 pills, contradicting her earlier claims.But two different keys were needed to open the safe and she only had two copies of one of them.

Sinar Mas' CPO plants

Sinar Mas' CPO plants JAKARTA (JP): The Sinar Mas Group will build two more crude palm oil refineries in South Kalimantan to accommodate the expansion of its oil palm plantations in the province.Sinar Mas' director, Tan Siaw Liang, said yesterday his group would open 6,500 hectares of new oil palm...

250 supervisors for Day of Sacrifice

250 supervisors for Day of Sacrifice JAKARTA (JP): The city administration will send 200 university students and 50 veterinarians to check the health of animals to be slaughtered on the Islamic day of Sacrifice on April 18.

Illegal pet trade persists despite regulations

Illegal pet trade persists despite regulations TANJUNG PUTING, Central Kalimantan (JP): The existence of Tanjung Puting and four other rehabilitation centers in Indonesia and Malaysia is proof enough that the illegal orangutan trade still thrives.

Prosecutor demands 15 years jail for youth activist

Prosecutor demands 15 years jail for youth activist JAKARTA (JP): The prosecutor in the subversion trial of youth activist Budiman Sudjatmiko asked the court yesterday to sentence him to 15 years in jail for his alleged role in undermining the state ideology Pancasila.

PDI members told to cast their votes

PDI members told to cast their votes JAKARTA (JP): The government-backed leadership of the Indonesian Democratic Party (PDI) joined the chorus yesterday against calls for a boycott of the election.The PDI chairman Soerjadi said in a speech delivered in the party's 24th anniversary celebration in...

'Governor a model for subordinates'

'Governor a model for subordinates' JAKARTA (JP): Inspector General of the Ministry of Home Affairs said that Governor Surjadi Soedirdja was an exemplary model for his subordinates.Soedardjat Nataatmaja, however, said that Soedirja was not supported by officials of equal quality.

Stiffer penalties for criminals

Stiffer penalties for criminalsFrom RepublikaCriminals are increasingly becoming vicious, without any regard to who their victims are. Among their victims are officials. Just take, for instance, the fatal incident in which a resort police chief of Mamuju district, South Sulawesi, lost his life,...

Plan to review ABRI's role meet mixed reactions

Plan to review ABRI's role meet mixed reactions JAKARTA (JP): Army generals want the Armed Forces (ABRI) to give Golkar greater independence, a military analyst said yesterday.J. Kristiadi of the Center for Strategic and International Studies said the generals were concerned by ABRI's partiality...