Indonesian Political, Business & Finance News

Archive: 2 April 1997

67 articles found

100 cars to join Jaya Bali rally

100 cars to join Jaya Bali rally JAKARTA (JP): As many as 100 cars are expected to take part in the third Kemala Bhayangkari Jaya Bali touring rally from Jakarta to Bali in August, committee chairperson Dewi Purnomo Aryani, said yesterday.

New fashion program at 'RCTI'

New fashion program at 'RCTI' JAKARTA (JP): Private television station RCTI will air a new half-hour fashion program called Kaya Gaya starting Saturday (April 5) from 8 a.m.The program, hosted by model Kintan Kumari, will discuss practical fashion and beauty tips.

Anti-riot cobra?

Anti-riot cobra? I am astounded the "This Odd World" column on March 26, 1997. I have never imagined an army asking the Indonesian people to trust them playing their dual political and social role, and run short of their logical tactics, hiding behind snakes to frighten people, whatever their...

Three die in landslide

Three die in landslide PURBALINGGA, Central Java: Three people were buried alive when landslides hit Wonosobo and Purbalingga regencies Monday and yesterday following three days of rain.The landslide in Wonosobo hit the Banyukembar village, Watumalang.

East Timor issue keeps dioceses out of KWI

East Timor issue keeps dioceses out of KWI DILI, East Timor (JP): East Timor's Dili and Baucau dioceses will only be affiliated with the Indonesian Bishops Conference (KWI) after the so-called East Timor issue has been completely settled, Minister of Foreign Affairs Ali Alatas said here yesterday.

ASEAN's Singh visits Brazil

ASEAN's Singh visits Brazil BRASILIA (Reuter): The secretary-general of the Association of South East Asian Nations arrives in Brazil today at the start of a three-day visit to discuss ties, the Brazilian Foreign Ministry said on Monday.

Two men shot dead for resisting arrest

Two men shot dead for resisting arrest JAKARTA (JP): Police shot dead yesterday a bogus police officer and a robber in East and Central Jakarta after they resisted arrest.City Police Chief Maj. Gen. Hamami Nata confirmed that the police shot dead an unidentified man, later known as a bogus officer,...

Historical root of political conflicts

Historical root of political conflictsBy Onghokham JAKARTA (JP): Before one gets into some of the political problems of today, one must first look at the administrative and political frame of the Dutch East Indies colonial government.

PNOC to drill oil in RI

PNOC to drill oil in RI MANILA (Reuter): The Philippine National Oil Co (PNOC) said its unit, PNOC-Energy Development Corp (PNOC-EDC), has been contracted by Asamera Oil of Canada to drill an oil and gas field in Indonesia's South Sumatra.

Radisson sets expansion

Radisson sets expansion JAKARTA (JP): The Radisson Bukit Indah, a four-star hotel in Purwakarta, West Java, has started its expansion project.The hotel said yesterday the expansion, launched just seven months after the hotel's soft opening, would include an extra 85 rooms and suites at a cost of...

Golkar may nominate Tutut for vice president: Ary

Golkar may nominate Tutut for vice president: Ary JAKARTA (JP): Golkar might nominate Siti Hardiyanti Rukmana for vice president next year, the grouping's secretary-general Ary Mardjono said yesterday.Hardiyanti, better known as Mbak Tutut, is a deputy chief of Golkar, a successful businesswoman...

Soeharto blames unrest on New Order opponents

Soeharto blames unrest on New Order opponents JAKARTA (JP): President Soeharto has blamed recent unrest on people opposed to his New Order administration, and vowed that these "small pebbles" shall be overcome.

'Reinventing' is ideologically neutral

'Reinventing' is ideologically neutral JAKARTA (JP): The concept of "Reinventing Government" appears to be closer to the Republican's goal of less government, but Democratic President Bill Clinton wholeheartedly adopted the concept the moment he came into the White House in 1993.

Malaysia to discuss ties with S'pore

Malaysia to discuss ties with S'pore KUALA LUMPUR (AFP): The Malaysian cabinet is expected to take up bilateral ties with Singapore at its weekly meeting today following Prime Minister Mahathir Mohamad's return from Japan.

U.S. slams 46 nations over trade barriers

U.S. slams 46 nations over trade barriers WASHINGTON (AP): The United States alleged that Japan and 45 other nations, including Indonesia, have erected harmful trade barriers that are costing American businesses and farmers billions of dollars of lost sales annually.

Food and medicines

Food and medicinesFrom KompasI would like to comment on the hectic advertisements for "healthy food," "traditional medicines," and the like, claiming that they can cure several serious diseases such as cancer and diabetes. I wish in particular to refer to the polemic between Dr. Bayu P. Hie and Mr.

Sukarno seminar fallout

Sukarno seminar fallout To our already extensive lexicon of foreign and foreign- sounding words, one more has been added -- or, to be more precise, revived: Nawaksara. Former president Sukarno was the first to use the word in his state of the nation speech before the Provisional People's...

Thirty PP members charged

Thirty PP members charged JAKARTA (JP): City Police Chief Maj. Gen. Hamami Nata said yesterday 26 more members of Pemuda Pancasila (PP) have been charged with vandalism, bringing the total to 30.Hamami said the case would be processed according to the law.

Conversion rate set for import duty, VAT

Conversion rate set for import duty, VAT JAKARTA (JP): The government has set the conversion rates for 30 foreign currencies against rupiah for April, May and June in regards to the settlement of import duties, value added tax and luxury tax.According to Finance Ministerial Decree No. 128/KMK.

'The English Patient'

'The English Patient'From KompasI recently saw the film The English Patient in one of the cinemas in Jakarta. The film was really good, but not so the Indonesian subtitles. Some phrases were simply odd if not entirely wrong. Other sentences were hilarious.

Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Indonesia, Jl. Thamrin, Central Jakarta: - Lobby; Gending Jawa, Thursday, 4 p.m. to 6 p.m., Degung Sunda, Saturday, 4 p.m. to 6 p.m., Bumbung Bali, Sunday, 4 p.m. to 6 p.m. - Java Cafe; A. Usman (pianist), Friday, 7:30 a.m. to 9:30 a.m.

24,819 police promoted

24,819 police promoted JAKARTA: National Police Chief Lt. Gen. Dibyo Widodo led a promotions ceremony here yesterday for more than 24,800 personnel across the country.About 100 police represented their colleagues at the ceremony.

Customs promises to reduce red tape

Customs promises to reduce red tape JAKARTA (JP): The customs administration resumed its inspection authority yesterday, promising to uphold law, minimize red tape and expedite import and export flows.The implementation of new customs procedures at Jakarta's Tanjung Priok port -- Indonesia's...

Govt prohibits foreign donations for campaigning

Govt prohibits foreign donations for campaigning JAKARTA (JP): The government warned the three official political parties yesterday not to seek foreign donations for election campaigning."Contestants are not allowed to receive donations from foreign organizations or individuals for their activities...

RI female shuttlers have slim chance in World C'ship

RI female shuttlers have slim chance in World C'ship JAKARTA (JP): Indonesian shuttlers have a slim chance of success against China in the women's singles at the upcoming World Badminton Championships in Glasgow, Scotland, next month.

Bad property loans feared to cause crisis

Bad property loans feared to cause crisis JAKARTA (JP): Property analyst Panangian Simanungkalit warned yesterday that Indonesia could tumble into financial crisis unless the government took measures to curb lending growth in property sector.

CEPA abuses power project: House member

CEPA abuses power project: House member JAKARTA (JP): A legislator accused yesterday the developer of the Tanjung Jati power plant, PT Consolidated Electric Power Asia (CEPA) Indonesia, of using the unfinished project to improve its portfolio and enable it to sell its shares.

Asian crude oil prices likely to tumble

Asian crude oil prices likely to tumble SINGAPORE (Reuter): Asian crude prices are expected to fall this week, hit by the results of the May buying tenders from India and Bangchak Petroleum Plc, traders said yesterday.

Bre-X Minerals stock set to resume trading in Canada

Bre-X Minerals stock set to resume trading in Canada MONTREAL (AFP): Trading in Canadian mining company Bre-X Minerals shares, halted last week after an Indonesian gold deposit scare, was scheduled to resume Tuesday, the Toronto and Montreal stock markets said Monday.

Residents report to rights body

Residents report to rights body JAKARTA (JP): Seventy-six residents of the Pesanggrahan subdistrict, South Jakarta, reported complaints over the outer ring road project to the rights body.A spokesman said residents were intimidated to receive offers for compensation by unnamed officials of the...

Rules could make PLN subsidiaries' IPOs 'unattractive'

Rules could make PLN subsidiaries' IPOs 'unattractive' JAKARTA (JP): The government's tight control of electricity generation and distribution could make the initial public offerings (IPO) of the state-owned PT Perusahaan Listrik Negara's (PLN) two subsidiaries unattractive to investors, a PLN...

Aceh industrial estate

Aceh industrial estate JAKARTA (JP): Malaysia's Tadmonsori Sdn BHD and South Korea's Sigma AIP will join with PD Bina Usaha and PD Pembangunan Aceh to operate and manage an industrial estate in Aceh.North Aceh regent, Karimuddin Hasybullah, said Monday the four companies would spend Rp 130 billion...

Australian cattle products safe: Official

Australian cattle products safe: Official JAKARTA (JP): The Ministry of Agriculture, which on March 10 imposed a ban on Australian beef imports because of anthrax, assured yesterday that all Australian cattle products currently on sale in Indonesia were healthy.

Handayani offers Indonesian food with live music

Handayani offers Indonesian food with live music Just how often do you find yourself getting a live dose of Celine Dion's Power of Love, Broadway's New York, New York, Bill Haley's Rock around the Clock and Javanese pop songs all during one meal?Well, there is such a place in this world, the...

Indonesian latex venture

Indonesian latex venture KUALA LUMPUR (Reuter): Malaysian glove maker Latexx Partners Bhd said yesterday it has ventured into the production of rubber gloves in Indonesia through its 99 percent-owned subsidiary, PT Latexx Technologies.

'Long march' for Megawati ends

'Long march' for Megawati ends JAKARTA (JP): Members and supporters of the dispute-ridden Indonesian Democratic Party (PDI) concluded their "long march" yesterday outside the House of Representatives in support of the ousted party leader, Megawati Soekarnoputri.

Hale-Bopp comet to be visible

Hale-Bopp comet to be visible BANDUNG, West Java: Indonesians will be able to see the C/1995 01 Hale-Bopp comet from April until June, Antara quoted a local expert as saying Saturday."The first two weeks of April will be the best time to view the comet because people can see it with the naked eye,"...

Robot 'needs psychiatrist'

Robot 'needs psychiatrist' JAKARTA (JP): The lawyer defending a pedophile tried for killing six boys asked the Central Jakarta District Court yesterday to send his client to a psychiatrist.The lawyer showed reporters his letter of request after the closed court session yesterday.

Texmaco secures loan

Texmaco secures loan HONG KONG (Reuter): An arranger group has formed for TPE International Finance BV's US$100 million secured floating rate note issue, bankers said.The issuer is a special-purpose company wholly owned by P.T. Texmaco Perkasa Engineering, which also is guarantor of the deal.

Spotlight

SpotlightPhoto A: JoopJP/alxMinister of Tourism, Post and Telecommunications Joop Ave (left) opens a new outlet of Natrabu restaurant which serves dishes from Padang, West Sumatra, on Jl. Menteng Raya, Central Jakarta.

Observers hail PPP's threat to boycott campaign

Observers hail PPP's threat to boycott campaign JAKARTA (JP): Political analysts hailed yesterday the United Development Party's (PPP) threat to boycott the election campaign should the government insist on deciding the moderators of broadcasted debates between contestants.

Minimum wages should be set by sector: Economist

Minimum wages should be set by sector: Economist JAKARTA (JP): Minimum wages should be set on a sectoral rather than the current regional basis, the Centre for Strategic and International Studies (CSIS) said yesterday.

ABR signs Indonesian joint venture deal

ABR signs Indonesian joint venture deal SINGAPORE (Reuter): Food and beverage firm ABR Holdings Ltd (ABR) said yesterday it had agreed to form a joint venture logistics and transport firm in Indonesia with Australian transport to health group, Mayne Nickless Ltd (MNL).

Gajah Tunggal profit up

Gajah Tunggal profit up JAKARTA (JP): PT Gajah Tunggal, a publicly listed integrated tire producer, has increased its profit by 30 percent to Rp 134 billion (US$56 million) in 1996 from Rp 106 billion in 1995.

Funds for city projects raised by 129 percent

Funds for city projects raised by 129 percent JAKARTA (JP): The central government has allocated Jakarta Rp 1.16 trillion (US$479.7 million) for the 1997/1998 fiscal year, an increase of 129 percent or Rp 654 billion from the previous year.

Young farmers to train in Japan

Young farmers to train in Japan JAKARTA: Twenty-five young Indonesian farmers from 14 provinces will learn about modern agricultural management and techniques in Tokyo for eight months, Antara reported yesterday.

S'pore bunker mart faces stormy seas

S'pore bunker mart faces stormy seas SINGAPORE (Reuter): Singapore bunker market faces stormy seas as it struggles to maintain a hold on shippers increasingly preferring to refuel in South Korea and the United Arab Emirates (UAE), industry sources said yesterday.

Making use of our natural resources

Making use of our natural resources The Busang case is still shrouded in confusion. Considerable efforts will be needed to determine the size of the reserves contained in the Busang I and Busang II fields.

Ethyl alcohol label

Ethyl alcohol label JAKARTA (JP): The government announced yesterday that the sales of all imported liquor containing ethyl alcohol must be labeled to indicate that excise taxes has been paid.The Ministry of Finance in a statement yesterday said the ruling took effect as of Tuesday.

Watch my age: Soeharto

Watch my age: Soeharto JAKARTA (JP): President Soeharto, responding to the latest call for him to stay at the helm for five more years, said yesterday those who nominated him should consider his age."I will be 77 (when the People's Consultative Assembly meets next year).

Lufthansa eyes Surabaya for new service

Lufthansa eyes Surabaya for new service JAKARTA (JP): Lufthansa German Airlines is looking to expand its Indonesian services to include Surabaya in East Java, an airline executive said yesterday.Lufthansa's general manager in Indonesia, Peter Emmerich, said the planned Surabaya route would be an...

First World Mixed Team C'ship

First World Mixed Team C'ship JAKARTA (JP): Players who fail to qualify in the World Mixed Team Olympiad in Rhodes, Greece in 1996 won't have to pack their bags and go home.The World Bridge Federation has added a new event, the World Transnational Mixed Team Championship.

HMI and power

HMI and powerFrom RepublikaI am referring to the article concerning the Islamic Students Association (HMI) (March 21, 1997). The article presented controversial opinions about HMI's close relationship with the government or the power.

Hotline opened for minimum wage problems

Hotline opened for minimum wage problems JAKARTA (JP): As the new minimum wage came into effect yesterday, the city's chapter of the national workers' union launched a hotline for workers having problems due to the new policy.

BBD service

BBD service On March 27, 1997 I had a bitter experience with Bank Bumi Daya (BBD).The Bank's service could be no worse. It is choked with bureaucracy and red tape.After queuing at many unmarked counters, I found myself at last face to face - with the woman in charge with the transfer of cash.

German president visits Malaysia

German president visits Malaysia KUALA LUMPUR AP): German President Roman Herzog arrived yesterday for a five-day state visit aimed at strengthening relations with Malaysia.Herzog was greeted in a formal welcoming ceremony in front of Parliament House by Malaysian King Ja'afar Abdul Rahman and...

Activist faces heavy sentence

Activist faces heavy sentence SURABAYA, East Java: Prosecutors have demanded five years jail for Mohammad Soleh, a local member of the unrecognized Democratic People's Party, for alleged subversion.Led by Ida Kemang Pulawidana, the prosecution at the Surabaya district court said yesterday that...

Reinventing government reaches global audience

Reinventing government reaches global audienceBy Endy M. Bayuni JAKARTA (JP): Five years since the publication of Reinventing Government, the book has not only become an international best seller, but the concept itself has become a global movement.

Government urged to ease its grip on inflation

Government urged to ease its grip on inflation JAKARTA (JP): The government should start easing its grip on consumer price index components because inflation has started to drop, experts said yesterday.Legislator Tadjudin Noer Said of the House Budgetary Commission and economist Mari E.

Bank Indonesia cashier says his signature was forged

Bank Indonesia cashier says his signature was forged JAKARTA (JP): A Bank Indonesia cashier testified yesterday, in the trial of two men charged with defrauding the bank of Rp 7 billion (US$2.9 million), that his signature was forged to transfer the money to the downtown office.

Effective leaders needed to manage social conflict

Effective leaders needed to manage social conflictBy Aleksius Jemadu BANDUNG (JP): Many would agree that the greatest challenge that Indonesia will have to face in the coming century is how to create a modern nation-state based on a strong and democratic civil society capable of competing with...

City to set up firm in North Jakarta reclamation plan

City to set up firm in North Jakarta reclamation plan JAKARTA (JP): The city plans to form a company to set up joint ventures to carry out its 2,700-hectare reclamation project in North Jakarta, a high ranking official said.Deputy Governor for Economic and Development Affairs Tb. M.

JSX hits by heavy falls on Wall Street

JSX hits by heavy falls on Wall Street JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) plunged yesterday after heavy falls on Wall Street."Like other regional markets, the JSX was also affected by the fall in Wall Street prices," one broker said.The benchmark JSX index fell 10.

Govt asked not to overreact on VP talks

Govt asked not to overreact on VP talks JAKARTA (JP): House Speaker Wahono asked the government yesterday not to overreact to the increasingly open discussion on the country's future leadership.After swearing in six new members of the People's Consultative Assembly, Wahono said government officials...

Angkasa Pura I to enter ground handling business

Angkasa Pura I to enter ground handling business JAKARTA (JP): PT Angkasa Pura I, a state-owned company that operates 12 airports, plans to diversify into ground handling services.Angkasa Pura I's president, Fachri Zainuddin, said yesterday the company would set up a joint venture company with...

64 private city buses banned from operating

64 private city buses banned from operating JAKARTA (JP): The City Land Transportation Agency has banned 64 Giri Indah Andalan buses from operating for four days.M. Djuhdi, the head of the agency's transportation division said yesterday the ban on the private company would be effective from today...

Stock Exchange

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