Archive: 5 April 1997
57 articles found
Sat, 05 Apr 1997, 00:00 WIB
BI tightens rules on offshore loans
BI tightens rules on offshore loans JAKARTA (JP): Bank Indonesia (BI), the central bank, is tightening the rules for commercial banks to raise offshore loans in a bid to maintain monetary stability and reduce pressure on the balance of payments. The central bank now requires banks to maintain their daily outstanding short-term (of up to two years maturity) offshore debts at the maximum 30 percent of their capital base.
Sat, 05 Apr 1997, 00:00 WIB
Good coordination in Manggarai project urged
Good coordination in Manggarai project urged JAKARTA (JP): City councilor Djenny Suharso urged the Manggarai integrated terminal project's consortium to coordinate their plans with the city administration. "Coordinating with the administration from the very beginning is a must in this project, so the administration can handle any problems that might arise," Djenny, deputy spokesman of the Indonesian Democratic Party (PDI) faction, said yesterday.
Sat, 05 Apr 1997, 00:00 WIB
Portugal PM and Clinton discuss East Timor, NATO
Portugal PM and Clinton discuss East Timor, NATO WASHINGTON (AFP): President Bill Clinton reiterated U.S. concerns over human rights abuses in East Timor in talks Thursday with Portuguese Prime Minister Antonio Guterres. The 90-minute meeting included discussions on NATO expansion and other matters, including the human rights situation in East Timor, a former Portuguese colony that became part of Indonesia in 1976.
Sat, 05 Apr 1997, 00:00 WIB
S&P gives Barito Pacific BB'-plus rating
S&P gives Barito Pacific BB'-plus rating JAKARTA (JP): Standard & Poor's said yesterday it assigned its double-B'-plus corporate credit rating to PT Barito Pacific Timber (BPT). According to the rating agency, the outlook is stable,. The rating reflects BPT's solid position in global hardwood plywood markets supported by long-term, secure access to low cost and abundant forest resources, and a moderate attitude to finance asset growth, the agency's statement said.
Sat, 05 Apr 1997, 00:00 WIB
TV today
TV today TVRI 2:30 a.m News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film 3:10 Development Program: Mengenal Lingkungan 3:35 TV Series 4:00 Regional News 4:30 Sports 5:25 Variety Show 5:30 Tour and Travel: Wisata Nasional 5:55 Music 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country 6:15 Village Program 6:30 TVRI News 7:00 Evening News 7:30 Filler and Trailer 7:35 TV Drama 8:00 News: Lintasan Berita 8:05 Music: Tunas Vokalia 9:00 World News 9:30 Sports: Arena dan...
Sat, 05 Apr 1997, 00:00 WIB
Hashim, Sukanto acquire Swabara
Hashim, Sukanto acquire Swabara JP/afs JAKARTA (JP): Two leading Indonesian leading businessmen, Hashim Djojohadikusumo (second left) and Sukanto Tanoto (second right), have combined to buy a controlling interest in Swabara Group from Australia's Washington H. Soul Pattinson Ltd and its subsidiary New Hope Corporation Ltd. The acquisition was signed yesterday by the chairman of Tirtamas group, Hashim, the chairman of Raja Garuda Mas group, Sukanto, the chairman of New Hope Corp, James S.
Sat, 05 Apr 1997, 00:00 WIB
Securities regulator confirms Bre-X probe
Securities regulator confirms Bre-X probe TORONTO (Agencies): Canada's top securities regulator said on Thursday it is probing whether Bre-X Minerals Ltd, mired in controversy over its Busang gold find in Indonesia, breached insider trading and disclosure laws. The Ontario Securities Commission said the Calgary-based gold prospector has been under investigation since the end of 1996. But it did not reveal details of the probe until today.
Sat, 05 Apr 1997, 00:00 WIB
BASF books Rp 400b in sales
BASF books Rp 400b in sales JAKARTA (JP): BASF Indonesia Group, a subsidiary of German chemical maker BASF AG, announced yesterday its sales volume hit Rp 400 billion (US$165.35 million) last year. BASF Indonesia's chief executive officer, Danny Jozal, attributed the increase to the production of pigments or pigment preparations, polymer dispersions and process chemicals for the paper, textile and leather industries, and vitamins for animal nutrition.
Sat, 05 Apr 1997, 00:00 WIB
Learning from the transfer of power
Learning from the transfer of power Controversy over whether or not the government should continue with its plan to hold a seminar to discuss the last public speech made by the late president Sukarno in 1966 continues. The speech titled Nawaksara (nine points) is an accountability of his administration a year after the communist putsch. J. Soedjati Djiwandono, a political observer from the Centre for Strategic and International Studies, takes a look at the controversy.
Sat, 05 Apr 1997, 00:00 WIB
Mt. Merapi still threatening
Mt. Merapi still threatening SEMARANG: Mount Merapi, which erupted on Jan. 17, is threatening to flood rivers near the volcano with cold lava, an official said yesterday. Mas Atje Purbawinata, chief of the Yogyakarta-based Merapi monitoring agency, said about 2.7 million cubic meters of cold lava was forming a dome on the mountain's top. The dome, which is larger than the one formed after the Nov. 22, 1994 eruption, could wash down after heavy rain, he said. "The lava is dangerous.
Sat, 05 Apr 1997, 00:00 WIB
Computer hacker punished
Computer hacker punished HAMBURG, Germany (AP): A 27-year-old Indonesian student was convicted Thursday of computer sabotage and attempted extortion for breaking into a Miami computer firm's database and then trying to force them to buy his security program. Andy Hendrata, an Indonesian studying computer science in Germany, was given a suspended sentence of one year and fined 2,500 marks ($1,500). He confessed to breaking into the ICA-Nect company's computers last year via the Internet.
Sat, 05 Apr 1997, 00:00 WIB
Makassar terminal
Makassar terminal UJUNGPANDANG, South Sulawesi (JP): The Makassar container terminal in Ujungpandang, South Sulawesi will open next month after three years of renovations, an official here said yesterday. Makassar port head Sudarmadji said that the renovation would be completed by the Japanese contractor Wakachiku a whole month earlier than scheduled.
Sat, 05 Apr 1997, 00:00 WIB
Bank Bali credit card
Bank Bali credit card I would like to thank Ms. Dwi Ria Latifa for her comment (March 27, 1997) about the radio commercial of Bali Kredit Serba Guna (BKSG). As the copywriter, I'd like to make a few points: 1. In advertising, there is a radio commercial writing technique known as humor. Humor sometimes involves fantasy scenarios. Humor requires certain characters and settings. The BKSG was one of these so called humorous commercials. 2. Why did we choose a prosecuting attorney?
Sat, 05 Apr 1997, 00:00 WIB
Eight firms help preserve environment in Kalimantan
Eight firms help preserve environment in Kalimantan BONTANG, East Kalimantan (JP): Eight private companies operating around the Kutai National Park here have signed an agreement to finance the operation of the park, amounting to Rp 945,800,000 (US$397,395) in fiscal 1997/1998. Kalimantan Governor HM Ardan was present at the signing ceremony, which took place here Tuesday.
Sat, 05 Apr 1997, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on April 4, 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 1,075 25 235,500 Alumindo Perkasa 675 -25 5,000 Aneka Kimia Raya 1,175 0 232,500 Anwar Sierad 875 -25 50,500 Apac Centertex Corp.
Sat, 05 Apr 1997, 00:00 WIB
40 military officers get promotion
40 military officers get promotion JAKARTA (JP): Forty high ranking military officers, including 18 from the Army, 10 from the Navy, eight from the Air Force and four from the National Police, were promoted here yesterday. Armed Forces spokesman Brig. Gen. Slamet Supriadi said the newly promoted officers would soon occupy positions left vacant by their seniors who were entering retirement age. Supriadi said the officers would become staffers at the Armed Forces education institutions.
Sat, 05 Apr 1997, 00:00 WIB
'Bemo' may vanish from Bogor
'Bemo' may vanish from Bogor BOGOR (JP): Bogor Mayor Eddy Gunardi claimed yesterday that 40 drivers of bemo (three-wheeled vehicle) have demanded the municipal administration replace their bemo with small buses. The mayor said the drivers were bored with their bemo and want the administration to give them new vehicles. "The replacement is possible, but all drivers should agree so as to prevent protest," Eddy said. He said the bemo could then be used to transport garbage in the districts.
Sat, 05 Apr 1997, 00:00 WIB
Electronics tops govt's 10 leading export commodities
Electronics tops govt's 10 leading export commodities JAKARTA (JP): Indonesian electronics exports grew 30.5 percent last year to US$3.2 billion, the highest of the 10 government stipulated leading export commodities. But pulp and paper exports dropped 4.4 percent to $1.3 billion because of low prices on the international market.
Sat, 05 Apr 1997, 00:00 WIB
Nortel eyes good RI opportunities
Nortel eyes good RI opportunities JAKARTA (JP): Canadian telecommunications firm Nortel, previously known as Northen Telecom, plans to expand its business into Indonesia to tap into the country's growing telecommunications sector. The company's president for Asia and the South Pacific, James C. Deas, said yesterday that Indonesia had become one of the biggest markets in Asia in terms of telecommunications. "We have opened a representative office in Jakarta and plan a subsidiary," he said.
Sat, 05 Apr 1997, 00:00 WIB
Kiwis lead RI 2-0 in 2nd round Davis Cup tie
Kiwis lead RI 2-0 in 2nd round Davis Cup tie JAKARTA (JP): New Zealand lead Indonesia 2-0 after the opening day of the second round of the Asia Oceania Zone Group I Davis Cup tie at the Senayan tennis courts here yesterday. New Zealand's second singles player Mark Nielsen, world-ranked 553, defeated Indonesia's first singles Suwandi, ranked 740, 7-5, 6-3, 6-4 in two hours and 25 minutes.
Sat, 05 Apr 1997, 00:00 WIB
DHL wins award
DHL wins award JAKARTA (JP): DHL has won the Best Service Award 1997 from the Asian Freight Industry Award (AFIA) for the eleventh consecutive year. AFIA is the highest award in Asia initiated by Cargonews Asia magazine. DHL said Asia Pacific DHL chief executive Charles Longley accepted the award. DHL Indonesia also won the Best Outstanding Performance Award for its operations in Southeast Asia (ASEAN). DHL Indonesia has branches all over Indonesia with 13 service and drop centers in Jakarta.
Sat, 05 Apr 1997, 00:00 WIB
Voices of concern
Voices of concern The voices of concern are louder these days. Even Dr. Frans Seda, former minister of finance and rector of Atmajaya Catholic University, has joined the chorus. As an political and economic commentator is well known for his normally pro-New Order views. We need then, to ask why in a recent seminar at the Institute for Social Institution Studies (ISIS) in Jakarta last week, Frans Seda commented that the current political and economic situation was frustrating. Dr.
Sat, 05 Apr 1997, 00:00 WIB
Indonesian art boom starts leveling out
Indonesian art boom starts leveling out By Amir Sidharta SINGAPORE (JP): The results of the most recent auction of Southeast Asian paintings in Singapore last weekend indicated that the so-called Indonesian art boom is starting to level out and stabilize. Meanwhile, a similar art boom is shifting northward to art from the Philippines and Vietnam.
Sat, 05 Apr 1997, 00:00 WIB
Govt defends Bintang's arrest
Govt defends Bintang's arrest JAKARTA (JP): The government defended in court yesterday the arrest of rebel politician Sri Bintang Pamungkas as complying with the Criminal Code Procedures. In a pretrial hearing at the South Jakarta District Court, lawyers for the Attorney General's Office presented various documents such as arrest and detention warrants.
Sat, 05 Apr 1997, 00:00 WIB
Soeharto wants smooth election
Soeharto wants smooth election JAKARTA (JP): President Soeharto told top military leaders yesterday that he does not want to see anyone threaten next month's general election. The election is a channel for people to express their political wishes, the President said when meeting with top military leaders who had just completed a leadership meeting.
Sat, 05 Apr 1997, 00:00 WIB
85 million hectares of forest mapped
85 million hectares of forest mapped JAKARTA (JP): PT Mapindo Parama has taken aerial photos of about 85 million hectares of Indonesia's forests since 1990, the company's chief executive said yesterday. Herman Hidayat said about 76 percent or 65 million hectares of the photographed area was production forest. He said most production forests, including forest industrial estates, had been photographed. PT Mapindo Parama specializes in taking aerial photos, particularly for forest concessionaires.
Sat, 05 Apr 1997, 00:00 WIB
Senayan office space to be ready in October: Developer
Senayan office space to be ready in October: Developer JAKARTA (JP): The growing number of multinationals here are expected to be the main tenants of new office and apartment space in Senayan, Central Jakarta. The director of property consultant First Pacific Davies, Martin Steens, said an 18-story office built by PT Senayan Trikarya Sempana, would be ready in October. Other tenants would come from companies moving out of buildings more than 10 years old, Steens said.
Sat, 05 Apr 1997, 00:00 WIB
Police defend shooting officer
Police defend shooting officer JAKARTA (JP): The National Police Headquarters defended the recent shooting of one of their off-duty officers, who had extorted money from public transport drivers in East Jakarta. Spokesman Brig. Gen. Nurfaizi said at a press meeting at the Cilangkap headquarters yesterday, that the man had resisted arrest when caught extorting money from drivers in Pondok Kopi on Tuesday. Armed Forces Spokesman Brig. Gen. Slamet Supriyadi attended the meeting.
Sat, 05 Apr 1997, 00:00 WIB
Impeachment seminar not until 1998
Impeachment seminar not until 1998 JAKARTA (JP): A controversial seminar on the impeachment of Indonesia's first president Sukarno will not be held until after next year's presidential election. Minister/State Secretary Moerdiono told reporters yesterday the decision was made in view of the public reaction to the planned seminar.
Sat, 05 Apr 1997, 00:00 WIB
Government revokes Jambi's approval
Government revokes Jambi's approval JAMBI (Antara): The Indonesian government has revoked its approval of a Malaysian company's investment in a 27,000-hectare oil palm plantation in Tanjung Jabung district, Jambi province. The revocation of the approval for the investment became effective early this year, head of the provincial plantations office, Amrie Ramli, said here Friday. He declined to name the Malaysian company.
Sat, 05 Apr 1997, 00:00 WIB
Electronics market fire kills fireman
Electronics market fire kills fireman JAKARTA (JP): A firefighter was killed in a big fire that destroyed the four-story Harco electronics shopping center on Jl. Mangga Dua, Sawah Besar district, Central Jakarta yesterday. Danu Sisworo, a team leader of the Central Jakarta fire brigade, was trapped in the fire which started at 5:30 a.m. The fire razed at least 150 offices and shops on the third and fourth floors in the eastern part of building.
Sat, 05 Apr 1997, 00:00 WIB
C. Java's steel plant
C. Java's steel plant JAKARTA (JP): PT Sawunggaling Ferindo Steel will build a Rp 178.2 billion (US$75 million) iron and basic steel plant in Purworejo, Central Java this year, an official said yesterday. The head of the province's investment coordinating board, Soedarsono, said the plant would be built on 250,000 square meters by 715 workers, including 10 expatriates. "The firm will export 40 percent of its products, and sell the rest domestically," he was quoted by Antara as saying.
Sat, 05 Apr 1997, 00:00 WIB
Gus Dur defends close relations with Tutut
Gus Dur defends close relations with Tutut JAKARTA (JP): Chairman of the 30-million strong Nahdlatul Ulama (NU) Moslem Organization, Abdurrahman Wahid has defended his close relations with Siti Hardiyanti Rukmana, deputy chief of the Golkar party. Gus Dur, as Abdurrahman is better known, said yesterday that he meant to help Hardiyanti develop her political skills.
Sat, 05 Apr 1997, 00:00 WIB
Freeport's copper deposit
Freeport's copper deposit JAKARTA (JP): PT Freeport Indonesia, a major copper producer in the world, has announced the discovery of new copper deposits in Kucing Liar Amole, Timika district. According to Antara, the discovery of the Kucing Liar Amole copper deposits is the most important one in the company's mineral explorations in Irian Jaya so far. The quantity of the copper ore is however still unknown which can only be determined by additional drillings.
Sat, 05 Apr 1997, 00:00 WIB
Fashionable Kemang
Fashionable Kemang More by accident than by design, Kemang has developed this past decade to become undoubtedly the most fashionable area of Metropolitan Jakarta. The 30 or so theme restaurants and cafes dotting the tree-lined Jl. Bangka and Jl. Kemang Raya have turned the South Jakarta district into a popular hang out for the city's rich and famous, as well as the rich-and famous-wannabees.
Sat, 05 Apr 1997, 00:00 WIB
Young girl found dead in sack
Young girl found dead in sack JAKARTA (JP): A four-year old girl was found dead in a sack by locals in Cibadak village, Bogor, around 30 kilometers south of here. The locals who found her body identified her as Dina, the third child of Didin, Antara reported Thursday. Finding Dina's body with bruises around her neck has shocked locals who were close to the girl. The PMI Hospital speculated that she had been strangled. They are examining her to see if she was raped before she was murdered.
Sat, 05 Apr 1997, 00:00 WIB
'Pesta Terakhir' unravels the ugly side of human nature
'Pesta Terakhir' unravels the ugly side of human nature By Oei Eng Goan JAKARTA (JP): Ratna Sarumpaet's latest play Pesta Terakhir (The Last Rites) depicts a tragedy that befalls a self-assertive woman, Haryati, who, having the illusion that her father was a respectable man, plans to administer the last rites to the old man. To her surprise and despondency, however, no one comes to pay their respects even though the deceased has been lain in state for five days.
Sat, 05 Apr 1997, 00:00 WIB
Two escape from jail
Two escape from jail PADANG, West Sumatra: Two convicts escaped from Pariaman prison at about 2:30 a.m. Wednesday after they bent their cell bars, Antara reported yesterday. Quoting prison sources, Antara said the jailbreakers, Amri, 33, and Sabar, 25, escaped by clambering the unguarded back walls of the prison. Amri has been serving his two-year jail term since March for stealing two desktop computers from Pariaman's Bank Rakyat Indonesia.
Sat, 05 Apr 1997, 00:00 WIB
Old ammunition dredged up
Old ammunition dredged up JAKARTA (JP): Two cannon shells, one mortar and two artillery mortar projectiles believed to date back to World War II were found at Tanjung Priok port in North Jakarta. They were dredged up by KM Kalimantan II as it was dredging mud, Capt. Faisal, of the Marine Division of the Western Fleet, told Antara Thursday. The two cannon shells are 40 centimeters long and 40 millimeters diameter, while the mortar is 30 cm in long and 40 mm in diameter.
Sat, 05 Apr 1997, 00:00 WIB
Standing ovation for Van den Hoek
Standing ovation for Van den Hoek By Gus Kairupan JAKARTA (JP): "Pleasure," said Martijn van den Hoek, "is where you're not." He then sat down facing the 88 white and black keys and did everything to prove himself wrong. I should really say that "they" then sat down, because the event was an evening of music from a piano duet -- four hands at one piano, not to be confused with a piano duo which means four hands at two pianos.
Sat, 05 Apr 1997, 00:00 WIB
Jababeka to build estate in Cilegon
Jababeka to build estate in Cilegon JAKARTA (JP): PT Kawasan Industri Jababeka Tbk., a publicly listed industrial estate and housing developer, plans to build an industrial estate in Cilegon, West Java. Jababeka's president, Ismail Sofyan, said yesterday his company had obtained a license to develop the estate on 1,300 hectares in Cilegon. "We got the permit to develop 800 hectares initially, but we have an option to have another 500 hectares," Ismail said.
Sat, 05 Apr 1997, 00:00 WIB
WHO to make guidelines on emerging diseases
WHO to make guidelines on emerging diseases JAKARTA (JP): The World Health Organization (WHO) will issue guidelines dealing with emerging diseases of the 21st century, WHO representative to Indonesia Robert Kim-Farley said. Kim-Farley told journalists Thursday the guidelines are being discussed at the organization's headquarters in Geneva and they will be announced by the end of the year.
Sat, 05 Apr 1997, 00:00 WIB
Heroic fireman killed fighting Mangga Dua fire
Heroic fireman killed fighting Mangga Dua fire JAKARTA (JP): A group of firemen cried yesterday as the body of their team leader, Danu Sisworo, who was killed fighting a fire yesterday was shouldered by their colleagues onto a stretcher. Anguish was evident in the faces of the firefighters who had seen Danu calling for help. He was trapped for hours on the fourth floor of the Harco Electronic Center in Mangga Dua, Central Jakarta, which was burned down yesterday.
Sat, 05 Apr 1997, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Music * Grand Hyatt Jakarta, Jl. MH Thamrin, Central Jakarta: - Fountain Lounge: This & That from the Philippines, daily (except Tuesday), 8:30 p.m. to 12:30 a.m., Classical Solo, Reyner Sahatua (pianist), daily, 4:30 p.m. to 8 p.m. - O'Reiley's Pub and Bar: Final Chapter Band, Monday to Saturday, from 9:30 p.m. to 1.30 a.m. * Sahid Jaya Hotel, Jl. Sudirman, Central Jakarta: - Shah Jahan Restaurant: Sham-E-Mehfil, daily except Sunday, 7 p.m. to 12 p.m.
Sat, 05 Apr 1997, 00:00 WIB
Bre-X saga shows wild side of Canadian mining
Bre-X saga shows wild side of Canadian mining By David Crary TORONTO (AP): The Borneo jungle on Indonesia's East Kalimantan province where Bre-X Minerals claimed to have found a gold mother lode of epic size, might seem tame to those on the hunt for windfalls in the wild world of Canadian mining stocks. Scams and spectacular failures are part of the landscape in an industry that leads the world in financing mineral exploration.
Sat, 05 Apr 1997, 00:00 WIB
BBD apologizes
BBD apologizes Referring to Mr. Max H. Fa'ah's letter published in The Jakarta Post on April 2, 1997, we would like to apologize for the inconvenience you encountered at one of our branches. Our ultimate goal is to provide better service to our customers, therefore we would appreciate it if you could specify the particular branch that you visited to enable us to clarify and take necessary action.
Sat, 05 Apr 1997, 00:00 WIB
Panin Bank reports 60% rice in net profit
Panin Bank reports 60% rice in net profit JAKARTA (JP): Publicly listed Panin Bank posted a 60 percent increase in net profit to Rp 80.2 billion (US$33.69 million) in 1996 from Rp 50.04 billion in 1995. The bank's senior executive vice president, Roosniati Salihin, said earnings per share rose to Rp 266 in 1996 from Rp 189 in 1995. "We expect to book earnings per share of Rp 340 and net profit of Rp 100 billion this year," she said after the bank's extraordinary shareholders meeting.
Sat, 05 Apr 1997, 00:00 WIB
Thailand-Laos rail deal
Thailand-Laos rail deal BANGKOK (DPA): Thailand and Laos signed a transportation agreement yesterday paving the way for the two countries to be linked by railway, Thai radio reports said. The agreement was signed in Vientiane, Laos, by Lao Transportation Minister Phao Bounnaphol and his Thai counterpart Suwat Liptapanlop, said the Thai News Agency.
Sat, 05 Apr 1997, 00:00 WIB
Stephen Orr
Stephen Orr Correction: The photo caption on this page yesterday erroneously identified an Australian delegation as Stuart C. Cave. He should have been identified as Stephen Orr, vice president of Indonesia- Australia Business Council and Jakarta representative of Westpac Bank. We apologize for the error. -- Editor
Sat, 05 Apr 1997, 00:00 WIB
Tree cutting angers elephants
Tree cutting angers elephants BANDAR LAMPUNG, Lampung: The continuing destruction of resin trees for oil palm plantation projects has driven wild elephants to rampaging residential areas in western Lampung, farmers said yesterday. People in three villages in Perwakilan Bengkunat subdistrict have reported 10 cases of elephants going berserk in recent months, Antara reported.
Sat, 05 Apr 1997, 00:00 WIB
Foreign carriers ordered to divest in India
Foreign carriers ordered to divest in India NEW DELHI (AFP): India yesterday ordered foreign airlines to withdraw their investments from Indian domestic carriers within six months. Aviation Minister C.M.
Sat, 05 Apr 1997, 00:00 WIB
Asian markets still wary over U.S. rates
Asian markets still wary over U.S. rates HONG KONG (AFP): Asian markets closed yesterday with trade marked by bargain hunting after losses earlier in the week triggered by a fall on Wall Street and caution over fears of a change in U.S. interest rates. In Jakarta, share prices closed 0.6 percent lower yesterday on continued selling and concerns over changes in U.S. interest rates, dealers said.
Sat, 05 Apr 1997, 00:00 WIB
Workers told to lobby House over labor bill
Workers told to lobby House over labor bill CIBITUNG, Bekasi (JP): Minister of Manpower Abdul Latief urged workers yesterday to lobby the House of Representatives if they are not happy with the government-sponsored bill on manpower. Rather than airing protests through the mass media, Latief said, workers would be more effective in influencing the bill's deliberation if they lobbied House members.
Sat, 05 Apr 1997, 00:00 WIB
Not all policemen are bad
Not all policemen are bad From Pikiran Rakyat Basofi Sudirman once sang a song that began with the line, "not all men." But, if I was Doel Sumbang, I would certainly have swooned, "not all policemen." I have recently had a positive experience with the police. One day in late March, my young brother and I went downtown. For some reason of late, we have been subjected to many songs about the police.
Sat, 05 Apr 1997, 00:00 WIB
Bogor wok makers supply households and restaurants
Bogor wok makers supply households and restaurants By Joko Sarwono BOGOR (JP): Clang.. clang.. clang.. The repeated sound of beaten metal rings in your ears as you enter Cibadak village in Bogor. This is the wok makers' village in the Tanah Sereal district, and the noise is them pounding old drums. There are five wok makers here, including Ali bin Jian. The shattering noise is nothing, he said. It begins at 7 a.m. and continues until 3 p.m.
Sat, 05 Apr 1997, 00:00 WIB
Rp 800 billion dam in South Sulawesi nears completion
Rp 800 billion dam in South Sulawesi nears completion UJUNGPANDANG, South Sulawesi (JP): Construction of an Rp 800 billion (US$340 million) dam in Bilibili, 30 kilometers east of here, will soon be completed but dam management is still causing headaches. Scores of workers are racing against the clock to finish the 1,850-hectare reservoir which will hold up to 375 million cubic meters. It is scheduled to start operating in November.
Sat, 05 Apr 1997, 00:00 WIB
Pupuk Iskandar Muda to increase capacity
Pupuk Iskandar Muda to increase capacity JAKARTA (JP): State-owned fertilizer company PT Pupuk Iskandar Muda in Lhokseumawe, Aceh, will start building its second production unit in October with a capacity of 600,000 tons a year. The company's president, Omay Kumar Wiraatmadja, said the new US$252.35 million plant would be completed in 2000.