Archive: 10 May 1997
67 articles found
Sat, 10 May 1997, 00:00 WIB
Semen Padang gets $63m loan
Semen Padang gets $63m loan JAKARTA (JP): Amsterdam-based ABN AMRO Bank N.V. agreed to provide a US$63 million export credit facility here yesterday to state-owned PT Semen Padang, a cement producer based in West Sumatra. The five-year loan is backed by an export guarantee from the Danish export credit agency, Eksport Kredit Fonden.
Sat, 10 May 1997, 00:00 WIB
RTZ, CRA eye RP gold
RTZ, CRA eye RP gold MELBOURNE, Australia (AP): RTZ-CRA is assessing the viability of a possible 6 million ounce gold resource in the Philippines to decide whether to develop it in conjunction with the local entail of joining the United Paragon Mining Corp. in a joint venture to develop the Malaguit gold mine in its Camarines Norte province. UPMC has said the resource at Malaguit is 6 es," the RTZ-CRA spokesman said. Three other companies are reported to also be looking at the project.
Sat, 10 May 1997, 00:00 WIB
Bre-X faces multiple suits following Busang debacle
Bre-X faces multiple suits following Busang debacle MONTREAL (JP): Embattled junior mining Canadian firm Bre-X Minerals Ltd, after being suspended from operating in Indonesia and delisted from the Toronto Stock Exchange, now faces multiple lawsuits following the Busang debacle in East Kalimantan. Most local newspapers still run the Busang debacle on their front pages and report that the infamous Bre-X was being assaulted on several new fronts.
Sat, 10 May 1997, 00:00 WIB
KIPP wants campaign victims compensated
KIPP wants campaign victims compensated JAKARTA (JP): The Independent Election Monitoring Committee (KIPP) called yesterday for the establishment of special institutions and funds to support victims of campaign melees. A statement from the unofficial poll watchdog said the institutions were needed "urgently" because of the brutal clashes since campaigning began on April 27.
Sat, 10 May 1997, 00:00 WIB
Bengkulu governor denies alleged poll rigging
Bengkulu governor denies alleged poll rigging JAKARTA (JP): Election organizers in Bengkulu vehemently denied yesterday the United Development Party's (PPP) allegation of attempted poll rigging in the province. Bengkulu Governor Adjis Achmad, who is also chairman of the General Election Committee's provincial office, and Nawawi Effendi, chairman of the Election Supervision Committee local office, called the allegation "baseless". "We checked.
Sat, 10 May 1997, 00:00 WIB
Where to go in Jakarta:
Where to go in Jakarta: Music * Mandarin Oriental Jakarta, Jl. MH Thamrin, Central Jakarta: - Chequers: Freakwincey Band from New Jersey (USA), playing 70's music up to modern Hop Hop and Funk, daily (except Sunday), 9 p.m. to 1 a.m. * Holiday Inn Crowne Plaza, Jl. Gatot Subroto Kav. 2-3, South Jakarta: - Semanggi Lounge: Classic Guitar Melodies with Nelson Rumantir, daily except Sunday, 7.30 a.m. to 9.30 a.m.; Pauli Yahya (Pianist), Monday to Saturday, 12 p.m.
Sat, 10 May 1997, 00:00 WIB
KL opposition MP appeals conviction
KL opposition MP appeals conviction KUALA LUMPUR (Reuter): A Malaysian opposition lawmaker appealed against his conviction for sedition yesterday and said he would sue if an election was held prematurely for the parliamentary seat he stands to lose. Lim Guan Eng, deputy secretary-general of the Democratic Action Party, said he was the rightful member of parliament (MP) for the Kota Melaka district in southwestern Malacca state until the court ruled on his appeal. "I wish to warn ...
Sat, 10 May 1997, 00:00 WIB
Prudential on lookout for Asian partner
Prudential on lookout for Asian partner SINGAPORE (DPA): American firm Prudential Securities Inc hopes to team up with an Asian investment bank to target the region's booming corporate finance market, news reports in Singapore said yesterday. "We are developing an Asian research capability initially in Hong Kong and we want to find a partner on the banking side," Prudential president and chief executive officer Hardwick Simmons said in an interview with the Business Times newspaper.
Sat, 10 May 1997, 00:00 WIB
Samarinda has a new mosque
Samarinda has a new mosque SAMARINDA, East Kalimantan: Governor H.M. Ardans has officiated the use of a new mosque jointly built by residents, businessmen and local administration. The Al Khair mosque, standing on a 350 square meter plot on Jl. Dr. Sutomo, cost Rp 184 million. Antara reported yesterday that the local administration donated Rp 16.82 million for the mosque project, while Rp 75 million was from local businessmen and Rp 92.17 million was from local residents.
Sat, 10 May 1997, 00:00 WIB
ABRI reiterates its political neutrality
ABRI reiterates its political neutrality JAKARTA (JP): The Armed Forces (ABRI) maintained yesterday that it would remain neutral in the campaign for the May 29 general election. "We're very firm on this," Armed Forces Chief Spokesman Brig. Gen. Slamet Supriadi told reporters at his office. "ABRI takes no sides... We do not want to give the impression that we defend one group over the others," he said.
Sat, 10 May 1997, 00:00 WIB
Coffee futures fall following new highs
Coffee futures fall following new highs LONDON (Reuter): LIFFE robusta coffee futures retraced by midsession yesterday after a wave of fund and industry-led buying in the past few days fizzled out. Traders said scale-up origin selling, notably from Indonesia, also hammered prices. Some Indonesian sellers were away on Thursday due to a local holiday. However, further roaster support at the lows helped slow the slide.
Sat, 10 May 1997, 00:00 WIB
Newmont stands firmly
Newmont stands firmly Thank God, the tussle over the Indonesian government's request for 10 percent equity in the Batu Hijau gold property on Sumbawa Island, West Nusa Tenggara, ended only after a few days of hotly debated controversy. Newmont Gold Co of the United States, the controlling partner of the mining concession, should be commended for its firm decision to hold strongly to the terms of the 1986 contract by flatly turning down the government's bid.
Sat, 10 May 1997, 00:00 WIB
14 firms to develop oil palm plantations
14 firms to develop oil palm plantations JAKARTA (JP): The government has given 14 companies since 1982 approval to convert 187,140 hectares of Irian Jaya forests into oil palm estates, an official said yesterday. The Director General of Forest Management and Inventory, Sumahadi, said 29 companies had asked for licenses to convert forests in that easternmost province into plantations since 1982.
Sat, 10 May 1997, 00:00 WIB
Blazer Z-line on the road
Blazer Z-line on the road JAKARTA: Opel has added a sporty version to its Blazer sport utility lineup. The Z-line's on-road price is Rp 74.2 million. Mechanically, the new Z-line is the same as its sibling vehicles but gets front and rear spoilers and side skirts to give it a sporty appearance.
Sat, 10 May 1997, 00:00 WIB
Roadsweepers bear brunt of campaign
Roadsweepers bear brunt of campaign SEMARANG: Local street sweepers, mostly elderly women, are finding their yellow uniforms dangerous, especially when the green-clad supporters of the United Development Party (PPP) rally in the streets. The workers are required to wear yellow so that drivers can see them. The problem is that yellow is also the color of the ruling Golkar, which has been running a controversial campaign to paint all public property yellow.
Sat, 10 May 1997, 00:00 WIB
Biased coverage
Biased coverage From Republika The media, including television, has devoted extensive reports to the general election campaigns of the three contestants since they began on April 27. State-owned television station TVRI is expected to present balanced and fair coverage of the campaign activities of the parties. But TVRI has failed on this count. Evidence of this was its coverage of the campaign in its World News show on April 27. There was a discernible bias towards one contestant.
Sat, 10 May 1997, 00:00 WIB
Keeping away extra color
Keeping away extra color PEKANBARU, Riau: Election campaign days are proving to be a windfall for sunblock sellers. Traders flock to campaign grounds, not to listen politicians' election promises but to meet the soaring rally participants' demand for sunblock. Hundreds of people unable to bear the scorching sun during rallies scramble to buy sunblock.
Sat, 10 May 1997, 00:00 WIB
SEA Games donations are not compulsory
SEA Games donations are not compulsory JAKARTA (JP): A city councilor has advised the public that it is acceptable to refuse to pay any additional fees on their utility bills. Utility companies have been charging their customers extra to help finance the upcoming 19th SEA Games in Jakarta.
Sat, 10 May 1997, 00:00 WIB
Accor realigns Asian units
Accor realigns Asian units SYDNEY, Australia (AP): Hotel group Accor Asia Pacific on Monday will announce it is restructuring its Asian operations as part of a possible review of assets and investments. "We think it's time to rationalize and centralize and regroup," Chairman David Baffsky said. "It's time for us to be a little more focused on where the big developments are." "It will very emphatically signal the significance of Asia and our intention to divert resources to it," he said.
Sat, 10 May 1997, 00:00 WIB
FIM to inspect Jatinangor circuit
FIM to inspect Jatinangor circuit JAKARTA (JP): The International Motor Federation's (FIM) top official will inspect West Java's Jatinangor circuit which will host the World 250cc Motor Cross Championships' 12th leg in August. The Indonesian Motor Federation's (IMI) chairman, Bob R. E. Nasution, said Thursday that Tony Skilington would inspect the circuit next month. "This is an honor for us to have a visit to the circuit from the FIM's top official," Bob said.
Sat, 10 May 1997, 00:00 WIB
Volvo offers executive appeal with its newest model
Volvo offers executive appeal with its newest model By Russell Williamson VOLVO's new S90 Executive -- launched last week in Jakarta -- is set to attract the attention of business executives in a way that the outgoing 960 could never quite manage. Not only does the car's new body offer a more stylish appearance, it also provides a significant increase in interior space.
Sat, 10 May 1997, 00:00 WIB
Stock Exchange
Stock Exchange Stock prices on the Jakarta Stock Exchange (in rupiah) on May 9, 1997: --------------------------------------------------------- Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 975 -50 30,000 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 0 Alumindo Light Metal 1,100 0 188,000 Alumindo Perkasa 750 0 16,000 Aneka Kimia Raya 1,150 -25 575,500 Anwar Sierad 825 0 122,000 Apac Centertex Corp.
Sat, 10 May 1997, 00:00 WIB
PDI warns of rising public distrust of law enforcement
PDI warns of rising public distrust of law enforcement JAKARTA (JP): The Indonesian Democratic Party (PDI) warned yesterday that the public was losing its faith in the legal system because of poor law enforcement. Buttu R. Hutapea, secretary-general of the government- recognized faction of the party, said in a televised speech last night that, although the 1993 Broad Guidelines of State Policy emphasized legal development, national laws had yet to provide the public sufficient protection.
Sat, 10 May 1997, 00:00 WIB
Bank Nasional to merge with Perniagaan
Bank Nasional to merge with Perniagaan JAKARTA (JP): Bank Nasional, a banking unit under the Bakrie group, will merge with Bank Perniagaan, a 100 percent owned subsidiary of the former PT Elang Realty, by the end of this year. Chief commissioner of PT Bakrie Land Development who is also president PT Bakrie Capital Indonesia, Bambang Irawan Massi'e, said yesterday the central bank had approved the merger. "Now we are waiting for approval from the ministry of finance," he said.
Sat, 10 May 1997, 00:00 WIB
Fugitives shot after chase
Fugitives shot after chase UJUNGPANDANG: Local police have shot dead two of three men who have been on the run for a month for stealing Rp 10.3 from a bank client. Police sources said yesterday the two fugitives identified only as Ac, 20, and Dod, 21, were shot in the legs for trying to escape in an early morning raid Thursday. They are now being treated at the Bhayangkara police hospital.
Sat, 10 May 1997, 00:00 WIB
Get your kicks on Java's northen coast 'Route 66'
Get your kicks on Java's northen coast 'Route 66' By John Aglionby THE longest rollercoaster ride at Fantasy World in North Jakarta lasts barely a minute. The thrills are many and, thankfully, the spills are very few. However for those brave, or perhaps foolhardy, enough to want more spills than thrills there is an alternative very close at hand. That is to drive along the north coast of Java, Indonesia's version of Route 66.
Sat, 10 May 1997, 00:00 WIB
Soldier arrested over fatal beating
Soldier arrested over fatal beating JAKARTA (JP): A soldier is being investigated following an attack on a man in Kebayoran Lama, South Jakarta, on Sunday. City Police spokesman Lt. Col. E. Aritonang said yesterday no further details of the investigation were available. The investigation is being conducted by military police. Aritonang earlier said military police had detained Private D, a member of the Air Defense Artillery posted in Bintaro, South Jakarta, as a suspect in the attack.
Sat, 10 May 1997, 00:00 WIB
APEC meeting opens with different views
APEC meeting opens with different views By Riyadi MONTREAL (JP): Eighteen Asia Pacific Economic Cooperation (APEC) trade ministers opened their two-day annual meeting here Thursday with developed and developing economies differing on what were priorities. Indonesia and other developing economies want developed members to open their markets faster to give more access to developing countries' products.
Sat, 10 May 1997, 00:00 WIB
Soerjadi told to quit election campaigning
Soerjadi told to quit election campaigning JAKARTA (JP): Legislators loyal to the Indonesian Democratic Party's (PDI) deposed leader, Megawati Soekarnoputri, called on her rival, government-backed faction yesterday to stop campaigning because it did not represent the party. They said that Soerjadi, the government-recognized PDI leader, had turned out to be unpopular. The legislators wanted to file a petition with House Speaker Wahono, but he refused to meet them.
Sat, 10 May 1997, 00:00 WIB
Poll booths for railway travelers
Poll booths for railway travelers BANDUNG: People traveling on May 29, election day, need not worry about finding a polling station so long as they travel by train. State railway company Perumka will set up poll booths in major stations on Java so that "traveling citizens can still channel their aspirations," according to Perumka spokesman Helmy Aziz. He said the stations of Gambir in Jakarta, Cirebon, Bandung, Purwokerto, Yogyakarta and Surabaya would contain polling booths.
Sat, 10 May 1997, 00:00 WIB
TV Today: Saturday, May 10, l997
TV Today: Saturday, May 10, l997 TVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Animated Classic 3:10 Culture Program: Lingkar Budaya 3:35 Travel: Wisata Nasional 4:15 Regional News 4:30 Sports 5:30 TV Series: A Writer Exchange 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 Campaign Program 7:45 TV Drama: Jimat 8:00 News: Lintasan Berita 8:05 Saturday Night Music 9:00 World...
Sat, 10 May 1997, 00:00 WIB
Medan shaman ready for death penalty
Medan shaman ready for death penalty MEDAN (JP): The notorious shaman who claimed to have killed 42 women told reporters yesterday he was ready for the death penalty. Achmad Suradji, known as Datuk, showed no remorse when the head of Medan Police information office Lt. Col. Amrin Karim allowed reporters to interview him in the detention room at the police headquarters. After lighting a clove cigarette, the shaman explained why he had killed the women.
Sat, 10 May 1997, 00:00 WIB
Raw materials enough for furniture industry
Raw materials enough for furniture industry JAKARTA (JP): The furniture industry will have adequate raw materials this year in spite of the government's policy of limiting tree cutting in natural forests, an executive said here yesterday.
Sat, 10 May 1997, 00:00 WIB
Rights body office still a self-made refugee camp
Rights body office still a self-made refugee camp JAKARTA (JP): More than 70 Depok residents sheltering at the National Commission on Human Rights office grounds had still not moved from the premises yesterday. "It's been 16 days now," a commission staffer said. "We don't know what to do with them yet." During the day, the women, children and babies are seen singing in the front yard. Children have missed school. Several men are seen cuddling babies, but most are working.
Sat, 10 May 1997, 00:00 WIB
Sinar Mas makes offer for Amcol
Sinar Mas makes offer for Amcol SINGAPORE (Reuter): OCBC Bank Ltd said yesterday that Asia Food & Properties Ltd (AFP), a unit of the Indonesian Sinar Mas Group, had made a conditional takeover offer for all ordinary shares in troubled property and finance firm Amcol Holdings Ltd. OCBC said AFP was the vehicle which Indonesian white knight PT Sinar Mas Tunggal (SMT) would use to bail out the ailing firm. The deal, including a listing in Singapore in U.S.
Sat, 10 May 1997, 00:00 WIB
Foreigners boost trade activity
Foreigners boost trade activity JAKARTA (JP): The Jakarta stock market rose for the fourth consecutive day yesterday as foreign buyers continued to enter the market. Securities dealers said foreign investors made significant purchases of selected stocks. "It seems that foreign investors are now more confident about political stability. Street rallies staged by the three political parties are still under control," one analyst said.
Sat, 10 May 1997, 00:00 WIB
Soothsayers in our society
Soothsayers in our society If the general election campaign was not in full swing, this week could probably be called the "week of soothsayers". Our newspapers are filled with reports about a homicidal soothsayer in Deli Serdang, North Sumatra, whose victims are now said to have reached the incredible number of 42.
Sat, 10 May 1997, 00:00 WIB
BDN Sunter razed by fire
BDN Sunter razed by fire JAKARTA (JP): A fire destroyed a two-story office of state- owned Bank Dagang Negara's Sunter branch in North Jakarta yesterday. The fire, which started at about 2 p.m., razed the office on Jl. Agung Utara, causing heavy traffic jams in the shopping and industrial area. No fatalities were reported. North Jakarta Fire Brigade's Group Head, Hasan Amu, said the fire was caused by an electrical short circuit after the bank operated a diesel generator.
Sat, 10 May 1997, 00:00 WIB
U.S. rate hike casts shadow on regional markets
U.S. rate hike casts shadow on regional markets SINGAPORE (AFP): Further U.S. interest-rate increases could speed up the outflow of foreign capital from Southeast Asia amid a loss of confidence in regional economies and fears of a banking crisis, an investment house warned. Thailand is most vulnerable, according to Vickers Ballas Investment Research, which predicted another 50 basis-point increase "within the next one to two quarters" in the U.S. Federal Reserve fund rate.
Sat, 10 May 1997, 00:00 WIB
'Where's your ID?'
'Where's your ID?' BANYUMAS, Central Java: A local Election Supervision Committee official, enraged by a campaigner's speech about corruption among bureaucrats, jumped onto the stage at a rally Thursday and interrogated the campaigner. "Where's your letter of authorization (to campaign)?" the official asked K.H. Imam Sya'roni of the United Development Party (PPP).
Sat, 10 May 1997, 00:00 WIB
Optus, Satelindo sign deal
Optus, Satelindo sign deal SYDNEY, Australia (AP): Optus Communications is linking with Indonesia's first private telecommunications company, PT Satelit Palapa Indonesia (Satelindo), with Optus providing training in customer service expertise. Optus said it would sign the US$1.56 million (A$2 million) agreement next week and send six Optus customer service personnel to Jakarta to help out Satelindo's staff over the next six months.
Sat, 10 May 1997, 00:00 WIB
Amtek ups Unitech stake
Amtek ups Unitech stake SINGAPORE (Reuter): Amtek Engineering Ltd said yesterday it had injected Singapore $5.72 million into Unitech Holdings Pte Ltd, raising its stake in the holding company to 50 percent. Amtek said in a statement the capital injection had enabled Unitech to create a new precision metal parts and injection molding unit in Indonesia.
Sat, 10 May 1997, 00:00 WIB
Nissan the preferred taxi
Nissan the preferred taxi JAKARTA: PT Ismac Nissan Manufacturing has begun assembling Nissan Cedric sedans. The firm has received an order for 500 Cedrics from a taxi company and will build about 40 cars per month. This is the first time Nissan has produced the Cedric in Southeast Asia.
Sat, 10 May 1997, 00:00 WIB
Ford invests in China
Ford invests in China SHANGHAI: Ford is exploring ways to enter the restricted Chinese passenger-car market. The company plans to launch a line of light commercial vehicles in China later this year and signed last month an agreement to produce midsized sedans in a US$1.7 billion joint venture with Shanghai Automotive Industry Corporation. Ford also has five component joint ventures in China.
Sat, 10 May 1997, 00:00 WIB
Rights abuse rife during campaign
Rights abuse rife during campaign SEMARANG (JP): The National Commission on Human Rights voiced its concern yesterday over the rife violation of basic rights during the first 13 days of the election campaign. Commission member Bambang W. Suharto said the unruly street rallies organized by the United Development Party (PPP), Golkar and Indonesian Democratic Party (PDI) had spread terror throughout communities.
Sat, 10 May 1997, 00:00 WIB
Indonesia, RCMP to investigate Busang gold case
Indonesia, RCMP to investigate Busang gold case JAKARTA (JP): The national police has formed a team of investigators in cooperation with Canadian police for a preliminary probe into the Busang scandal, the national police spokesman said yesterday. Brig. Gen. Nurfaizi told reporters the team for the preliminary investigation consisted of several detectives and experts from the Ministry of Mines and Energy with Col. Arifin Rachim as team leader.
Sat, 10 May 1997, 00:00 WIB
Land compensation case takes new turn
Land compensation case takes new turn JAKARTA (JP): A small trader evicted from his land in 1989 has asked the Supreme Court whether he is the rightful owner of the bank interest accumulated from land compensation which he refused to accept almost 10 years ago. The compensation was placed in a government bank account and had been earning interest.
Sat, 10 May 1997, 00:00 WIB
Merpati expected to break even after big losses
Merpati expected to break even after big losses JAKARTA (JP): The money-losing Merpati Nusantara Airlines is expected to break even this year after splitting from its parent company the national flag carrier Garuda Indonesia and getting three former Garuda executives as new directors, a minister said yesterday. The separation, based on Government Regulation No 10/1997 dated April 29, 1997, is due to be completed in the next two months, Minister of Transportation Haryanto Dhanutirto said.
Sat, 10 May 1997, 00:00 WIB
U.S. pharmaceutical giant opens first Asian plant
U.S. pharmaceutical giant opens first Asian plant SINGAPORE (AFP): U.S. pharmaceutical giant Schering-Plough launched its first Asian primary manufacturing facility here yesterday amid optimism that its regional turnover will expand up to 30 percent by 2000. "We are expecting sales to grow 25 to 30 percent per year in Asia over the next three years and in many of the economies, market share could double," Raul Cesan, president of Schering- Plough Pharmaceuticals told reporters.
Sat, 10 May 1997, 00:00 WIB
This election is no better than previous ones: CSIS
This election is no better than previous ones: CSIS JAKARTA (JP): This year's general election will be no better than previous ones, according to a recent report by the Centre for Strategic and International Studies (CSIS). The CSIS study found that the 1997 general election process relied on the same legislation which was used in past general elections to maintain the status quo.
Sat, 10 May 1997, 00:00 WIB
'Losmen' cast make 'Reunion'
'Losmen' cast make 'Reunion' JAKARTA (JP): Actors and actresses who won fame for their TV serial Losmen in the 1980s are pooling their talents again to produce a new serial on the life of a revolutionary hero. "The new TV drama will be totally different from Losmen in terms of both the theme of the story and characters," said film star Dewi Yull Tuesday. Reunion, the title of the new television drama series, will be presented in 52 episodes.
Sat, 10 May 1997, 00:00 WIB
Players miss PSSI ceremony
Players miss PSSI ceremony JAKARTA (JP): The Indonesian Football Association (PSSI) is disappointed over the absence of players during the ceremony of transfer of the national team's coach from Danurwindo to Henk Wullems. Tondo Widodo, the association's spokesman, said Thursday that the announcement through the facsimile was sent to each player on Tuesday to attend the ceremony but none of them showed up.
Sat, 10 May 1997, 00:00 WIB
PPP wants industry to pay workers more
PPP wants industry to pay workers more JAKARTA (JP): The United Development Party (PPP) told the party faithful yesterday that it wanted industry to pay workers more and improve their welfare. PPP Secretary-general Tosari Widjaya told thousands of supporters in Medan, North Sumatra, that the party knew how factory workers struggled to make ends meet because of their low wages. "They struggle to make a living because industries tend to exploit them," he said.
Sat, 10 May 1997, 00:00 WIB
55 state firms unsound
55 state firms unsound JAKARTA (JP): More than 34 percent of the 166 state-owned companies were classified as financially very unsound and 16.9 percent unsound last year, Finance Minister Mar'ie Muhammad said. The minister said Wednesday that the proportion of very unsound and unsound state companies last year declined from 35.4 percent and 17.4 percent respectively in 1995.
Sat, 10 May 1997, 00:00 WIB
RI to test its skills at Arafura Games
RI to test its skills at Arafura Games JAKARTA (JP): Indonesia will use the Arafura Games as a tryout for the 19th SEA Games. Chef de mission Indra Djati Sidi, who is also a National Sports Council official, said although most national athletes came from second string squads they were also the best in the country. "We never send our best athletes to compete in international events," he said.
Sat, 10 May 1997, 00:00 WIB
Sony expands in Philippines
Sony expands in Philippines MANILA (AFP): Sony Corp. of Japan and its Philippine licensee, Solid Group Inc., announced here yesterday, that they were forming a new joint venture to handle the sales and marketing of Sony audio-visual products. The new company, Sony Philippines Inc., will have a capitalization of US$1 million and will be 67 percent owned by Sony Corp. and 33 percent by Solid, the company said in a statement.
Sat, 10 May 1997, 00:00 WIB
No more subsidy for Baliem farmers
No more subsidy for Baliem farmers JAYAPURA: PT Freeport Indonesia has finally decided to stop its air transportation subsidy for the Baliem vegetable farmers in Jayawijaya. In a letter to the Jayawijaya regent J.P. Wenas dated April 9, 1997, PT Freeport Vice President and Senior Advisor in Kuala Kencana, Timika, Charles E. White, said the stoppage would be effective in May this year. The stoppage was due to financial reasons.
Sat, 10 May 1997, 00:00 WIB
Campaign
Campaign I have been in Yogyakarta these past few weeks learning the Indonesian language and a little more about Javanese culture. As part of my cultural studies, I have toured different parts of this city and inevitably there has seen considerable street carnival activity, as a large part of this city's male youth have hit the streets in colorful garb atop their motorbikes. PPP's (United Development Party) campaign kicked off in Yogyakarta on April 29 at 3 p.m.
Sat, 10 May 1997, 00:00 WIB
Campaign schedule for Indonesia for May 10, 1997:
Campaign schedule for Indonesia for May 10, 1997: Party Campaign areas Important campaigners -------------------------------------------------------------- PPP Kalimantan, Sulawesi Hamzah Haz, Zain Badjeber, Alawy Muhammad, Yudo Paripurno, Yusuf Rizal Tjokroaminoto Golkar Sumatra, Bali, East and Harmoko, Abdul Gafur, Ismael West Nusa Tenggara, Hassan, Pontjo Sutowo, Burhan East Timor Magenda, Fahmi Idris, Fadel Muhammad, Din Syamsudin PDI Java, Maluku, Irian Jaya Soerjadi, Ismunandar, Dimmy...
Sat, 10 May 1997, 00:00 WIB
RI ratifies Bern Convention on copyrights
RI ratifies Bern Convention on copyrights JAKARTA (JP): President Soeharto has ratified the century-old Bern Convention for the Protection of Literary and Artistic Works together with three other related treaties and a copyright convention, a minister said yesterday.
Sat, 10 May 1997, 00:00 WIB
Newmont finally obtains mine building permit
Newmont finally obtains mine building permit JAKARTA (JP): After waiting more than six months, Newmont Gold Corp. of the United States said yesterday it had been given the green light to build its gold and copper mine at Batu Hijau on Sumbawa island in West Nusa Tenggara. In a statement, Newmont said construction would begin "immediately" with work on the port, generators, roads, accommodation and telecommunication facilities.
Sat, 10 May 1997, 00:00 WIB
Timor signs deal on the supply of spare parts
Timor signs deal on the supply of spare parts JAKARTA (JP): The publicly-listed PT Selamat Sempurna has secured an alliance with Samah Precision Co, Ltd and Daeki Industrial Co.,Ltd of South Korea to supply the national car producer Timor Putera with filters and fuel tanks, a company director said yesterday. "We signed an agreement on the technical cooperation and product license with the two Korean companies recently.
Sat, 10 May 1997, 00:00 WIB
PRD sentences
PRD sentences When the Supreme Court of the United States makes important judgments and interpretations of the U.S. Constitution and national ideals, they are viewed as matters of great national importance reflecting the very substance of national identity. In that context, I would like to comment on the significant rulings made by the Indonesian courts on April 28, 1997 that touched on the interpretation of the Pancasila national ideology when sentencing Mr.
Sat, 10 May 1997, 00:00 WIB
Who do legislators represent?
Who do legislators represent? Representation is a key word in any general election. Could those elected to represent the people really represent people's interests? This is the question being dealt with by J. Soedjati Djiwandono of the Center for Strategic and International Studies. JAKARTA (JP): It has become almost everybody's slogan in this country "to make the general election a success", although it certainly means different things to different people with their own set of criteria.
Sat, 10 May 1997, 00:00 WIB
Bakrie Land plans to issue rights
Bakrie Land plans to issue rights JAKARTA (JP): PT Bakrie Land Development, a property arm of the Bakrie business group, plans a rights issue later this year to strengthen the company's capital structure. Iwan Hendradi, the firm's president, said here yesterday the company expected shareholders to approve the plan within the next two months. Hendradi, a former managing director of PT Catur Swasakti Utama, said the limited public offering would raise fresh funds to finance new projects.
Sat, 10 May 1997, 00:00 WIB
Not an army academy
Not an army academy In concern with your news on the front page of the Saturday May 3, 1997 edition, titled Soeharto tells children not to depend on education alone, I would like to draw your attention to your level of inaccuracy, relating to the fourth paragraph: "After secondary school (you mean junior high school Muhammadyah in Wuryantoro?) Soeharto went to the Royal Netherlands Indies Army Academy in Gombong, Central Java, in 1940." Neither in his autobiography The Smiling General, nor...
Sat, 10 May 1997, 00:00 WIB
Rejected food exports cost Indonesia $100m
Rejected food exports cost Indonesia $100m JAKARTA (JP): Indonesia currently loses up to US$100 million each year due to poor quality food exports, State Minister of Food Ibrahim Hasan said. Speaking after a meeting with President Soeharto at Merdeka Palace, Ibrahim said that each year about 500 cases of Indonesian processed food exports worth $100 million were rejected by importing countries.