Indonesian Political, Business & Finance News

Archive: 16 May 1997

68 articles found

LIA English course clarifies

LIA English course clarifiesFrom KompasWith reference to the article in Kompas (April 6) titled Uang kursus siswa LIA (The course fee of LIA students) we would like to clarify as follows.The LIA foundation, an English course organizer, would like to wholeheartedly thank course students for their...

Death of Peter puzzles embassy

Death of Peter puzzles embassy JAKARTA: The British Embassy has called on the public to help police uncover the how Briton, Peter Norton, 21, died in Denpasar, Bali, on Feb. 9, 1997.Peter Norton was found unconscious in an enclosed yard of an elementary school near the Peanuts discotheque at 10 a.m.

2,462 pirated tapes seized

2,462 pirated tapes seized PALEMBANG, South Sumatra: Local police have confiscated a total of 2,462 pirated cassette tapes during the last three months, a police source said.Palembang township police detective chief, Maj.

Choice's airport hotel

Choice's airport hotel JAKARTA (JP): The Soekarno-Hatta airport will have a new hotel called Quality Hotel Aspac at the international Terminal II.The 81-room hotel, managed by U.S. hotel chain Choice Hotels International, will open on June 2.

Du Pont joins Branta

Du Pont joins Branta JAKARTA (JP): The United States' Du Pont de Nemours plans to buy 19.91 percent of PT Branta Mulia's listed shares, or 44.8 million shares, from the latter's main shareholders.Tire cord producer Branta Mulia said Du Pont had agreed to buy the shares at US$1.45 each.

Pintu Air stickup zone

Pintu Air stickup zoneFrom Bisnis IndonesiaWhen my wife and I were being driven home after a hard day's work, we were jolted out of lethargy. When we slowly passed Pintu Air on Pasar Baru during a traffic jam, we witnessed a saddening incident.Readers who pass the area around 5 p.m.

PDI opposes govt ban on Mega-bintang banners

PDI opposes govt ban on Mega-bintang banners UJUNGPANDANG, South Sulawesi (JP): The government-recognized faction of the Indonesian Democratic Party (PDI) opposed yesterday the government ban on campaign material on the alliance between ousted PDI chief Megawati Soekarnoputri and the United...

Health center reported to police

Health center reported to police JAKARTA (JP): A man reported a community health center in the Cilincing district, North Jakarta, to the police, for administering a drug which he said caused the death of his wife.City Police Spokesman Lt. Col. E.

Bakrie joins Iridium

Bakrie joins Iridium JAKARTA (JP): PT Bakrie Communications Corporations, a joint venture between the widely diversified Bakrie Group and PTT Telecom Netherlands, has invested US$100 million in an Iridium project.

S. Korea, Qatar to sign gas deal in June

S. Korea, Qatar to sign gas deal in June DOHA (Reuter): South Korea, a major buyer of Indonesia's liquefied naturals gas (LNG), will finalize a deal with Doha next month to increase LNG supplies from Qatar to 4.

'Metro' travels same old stops on same old line

'Metro' travels same old stops on same old lineBy Bret Galloway JAKARTA (JP): Imagine a Hollywood film that doesn't mechanically seek to recreate former successes, that has genuine spirit, three-dimensional characters and that certain "qua", as Cuba Gooding Jr. put it. Got it? Well, it's not Metro.

Nike to hold International Premier Cup

Nike to hold International Premier Cup JAKARTA (JP): Sports shoe company Nike will again hold an under-14 Asia-Pacific soccer tournament at South Jakarta's Kuningan stadium June 7 to June 12.The tournament, called the Nike International Premier Cup, will feature South Korea, China, Japan, Malaysia,...

Special prizes await Sudirman Cup winners

Special prizes await Sudirman Cup winners JAKARTA (JP): An abundance of awards and praise from seven private companies await national shuttlers if they win the Sudirman Cup, the symbol of supremacy in mixed badminton.

TV today

TV todayTVRI 2:30 a.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Animated Classic 3:10 Children's Stage: Sendratari Dewi Sawitri 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Students' Quiz: Cerdas Cermat 5:10 Film 5:30 Music: Paket 27 6:00 News: Lintasan Berita...

12 oil contracts awarded to local and foreign firms

12 oil contracts awarded to local and foreign firms JAKARTA (JP): State-owned oil and gas company Pertamina signed yesterday eight production-sharing contracts and four technical assistance contracts for oil and gas exploration and production with local and foreign companies.

Soeharto denounces critics on economy

Soeharto denounces critics on economy JAKARTA (JP): President Soeharto denounced yesterday campaigners who criticized the government development policies without having adequate knowledge of the economy.

China Trust-Tamara bank

China Trust-Tamara bank JAKARTA (JP): China Trust Bank of Taiwan and Bank Tamara of Indonesia plan a joint-venture bank here.Bank Tamara's president Pek Tek Beng was quoted by Antara as saying yesterday that China Trust had obtained approval from the Ministry of Finance to operate here through the...

Orderly campaigns and fair elections

Orderly campaigns and fair elections As the campaigning period for the general election draws to a close, various interesting developments are taking place. Sympathizers of the ousted Indonesian Democratic Party (PDI) leader Megawati have taken to the streets to join United Development Party (PPP)...

Communist flag at PPP rally

Communist flag at PPP rally SURABAYA: Police seized a red banner portraying a hammer and sickle, the symbol of communism, at a United Development Party (PPP) rally Wednesday in Gresik.Police said yesterday that displaying banners with communist symbols in the well guarded campaign was like waving a...

Pronouncement of death sentence sparks controversy

Pronouncement of death sentence sparks controversy JAKARTA (JP): The recent pronouncement of another death sentence has revived the controversy of the sentence, especially among human rights advocates.A former director general of correctional institutions at the Ministry of Justice, Baharuddin...

National Museum employees tried over painting theft

National Museum employees tried over painting theft JAKARTA (JP): Two employees of the National Museum were indicted in the Central Jakarta District Court yesterday for allegedly stealing 25 priceless paintings, including five works of the late Basoeki Abdullah and one by Raden Saleh.

Taiwan invited to HK handover with conditios

Taiwan invited to HK handover with conditios BEIJING (Reuter): China issued a conditional invitation yesterday to representatives from island arch-rival Taiwan to attend a glittering ceremony for the return of the British colony of Hong Kong to Beijing rule on June 30.

Sudjana replaces secretary-general

Sudjana replaces secretary-general JAKARTA (JP): Darmoko Slamet, the president of state-owned mining company PT Aneka Tambang, will replace Umar Said as the Ministry of Mines and Energy's secretary-general next week.Minister of Mines and Energy, I.B.

Tjokrosaputro denies market cornering, accepts penalty

Tjokrosaputro denies market cornering, accepts penalty JAKARTA (JP): Benny Tjokrosaputro, who owns 51 percent of Multi Prakarsa Investama Securities, denied yesterday that he was involved in engineering the 207 percent rise in Bank Pikko shares last month.

House not consulted over SEAG fund-raising drive

House not consulted over SEAG fund-raising drive JAKARTA (JP): Several legislators were outraged yesterday at a government-sanctioned practice to force people to buy stickers to finance the Southeast Asian Games (SEAG) in Jakarta in October.

More campaign violence hits Java

More campaign violence hits Java YOGYAKARTA (JP): Campaign violence continued across Java yesterday with sporadic clashes between supporters of the dominant Golkar and their United Development Party (PPP) rivals.

Two shot dead by police

Two shot dead by police JAKARTA (JP): Police shot dead two men Wednesday in Central Jakarta and Bogor, bringing the number of alleged criminals shot in the city and surrounding areas to 65 this year.Central Jakarta Police Chief Lt. Col. M.

S. Asian media hail Indo-Pakistani talks

S. Asian media hail Indo-Pakistani talks MALE, Maldives (Reuter): South Asian newspapers praised India and Pakistan yesterday for taking a step toward normalizing strained relations, saying the whole region would benefit.

Medan to get four-star Sahid hotel

Medan to get four-star Sahid hotel JAKARTA (JP): PT Putrimega Asriindah is building a four-star hotel in Medan, North Sumatra, with investment of about Rp 45 billion (US$18.75 million).Putrimega's president, Yansen Susanto, said here yesterday that the hotel would be built on 7,400 square meters...

Golkar finds PPP untasteful

Golkar finds PPP untasteful MEDAN: Golkar is not amused by the United Development Party (PPP) supporter who, at a rally, made fun of the shaman who has admitted killing 42 women.Golkar's local campaign manager, Marzuki, called the PPP supporter's stunt "unethical".

Bakrie warns, settle Australian land titles

Bakrie warns, settle Australian land titles SYDNEY (AFP): Indonesian businessman Aburizal Bakrie warned here yesterday that investors could be frightened off if uncertainty over land rights for Aboriginals persisted.

PPP reveals Golkar plot to cheat

PPP reveals Golkar plot to cheat JAKARTA (JP): The United Development Party (PPP) said it has discovered more poll rigging attempts by the dominant political party, Golkar.PPP's deputy secretary-general, Bachtiar Chamsyah, said he had uncovered an inter-office memo issued by the secretary-general...

Bakrie will decide on steel plant in September

Bakrie will decide on steel plant in September TOKYO (Reuter): PT Bakrie & Brothers president Tanri Abeng said yesterday that he expected to finalize a possible Indonesian steel plant project, likely to involve British Steel Plc, by September.

Where to go in Surabaya:

Where to go in Surabaya:Music and Entertainment * Tunjungan Crystal Hotel, Jl. Tunjungan 102-104: - Lounge Bar: Stief's Band, Tuesday, Thursday, Saturday, open at 8 p.m. to 12 p.m. * Mirama Hotel, Jl. Raya Darmo 58-76: - Mirama Bar: Desire Band, Monday. Cigma Band, Tuesday.

After not voting, what's next?

After not voting, what's next?By Mochtar Buchori JAKARTA (JP): "You don't have to vote for Golkar, but you must vote!"This statement has been often repeated lately. This sounds logical, logical indeed, but is it correct?No! The expression "You must vote!" is incorrect.

PDI tries to win farmers' sympathy

PDI tries to win farmers' sympathy JAKARTA (JP): The Indonesian Democratic Party (PDI) tried to win farmers' sympathy yesterday by promising them more political representation and easy access to credit and training.

Berbak park to have crocodiles

Berbak park to have crocodiles JAMBI, Jambi: Thousands of freshwater crocodiles (Tomistoma schegeli) and estuary crocodiles (Crocodilus porosus) are thought to dwell in Jambi's Berbak National Park, the head of the provincial office for nature conservation, Romon Palete, said yesterday.

Amien calls for unification of religious communities

Amien calls for unification of religious communities YOGYAKARTA (JP): Islamic socioeducational organization Muhammadiyah chairman Amien Rais has called for unification of religious communities to help guide the government.

Holtorf's atlas best guide to Jakarta

Holtorf's atlas best guide to Jakarta Jakarta, Jabotabek (Jakarta and Greater Jakarta) Street Atlas & Index of Names By Gunther W. Holtorf 11th Edition, Falk Verlag, Hamburg, 1997, 355 pages Rp 58,000 (US$23.

Bejing, Manila to discuss Spratlys

Bejing, Manila to discuss Spratlys MANILA (AFP): Philippine foreign department officials hope to discuss with their Chinese counterparts over the weekend recent events in the disputed Spratlys island chain, a foreign official confirmed yesterday.

U.S. buys Timor coffee

U.S. buys Timor coffee DILI, East Timor (JP): NCBA, a United States trading company, plans to buy 4,000 tons of coffee from East Timor this year, an official has said.NCBA will buy it from the province's village cooperatives.

Bogor farmers

Bogor farmersFrom NeracaI've been visiting several farmlands around Jabotabek area (Jakarta, Bogor, Tangerang, Bekasi) this month. This area is known as the main supplier of fruits and vegetables to Jakarta. After having talked to farmers, I conclude that their condition is disheartening.

Sarwono warns of divisive political cliques

Sarwono warns of divisive political cliques CIREBON, West Java (JP): State Minister of Environment Sarwono Kusumaatmadja said here yesterday that some political groups would risk national unity to achieve their agendas.

Where to go in Jakarta:

Where to go in Jakarta:Music * Dai-ichi Hotel, Jl. Senen Raya 135, Central Jakarta: - Morgan's 1072 Classic Disco; Lemon Tea Band/Time Motion Band, Tuesday, 9 p.m. to 12.30 a.m., Smart Band, Wednesday, 9 p.m. to 12.30 a.m., R and Co Band, Saturday, 9.30 p.m. to 1 a.m.

Yemeni deported for abusing immigration permit

Yemeni deported for abusing immigration permit JAKARTA (JP): The immigration department deported a Yemeni man Wednesday for abusing his immigration permit.The head of the city immigration office, M. Iman Santoso, said Yahya bin Ali Safwani, 30, left Soekarno-Hatta International Airport for Sanaa,...

Squatters asked to vacate office of rights body

Squatters asked to vacate office of rights body JAKARTA (JP): The National Commission on Human Rights said yesterday 250 squatters who had been squatting in its office yard for more than three weeks had to leave by tomorrow afternoon.

Novus confident of assets as RI reserves increase

Novus confident of assets as RI reserves increase SYDNEY, Australia (AP): Emerging oil and gas producer Novus Petroleum may be set to commercialize its Singa-1 well in Indonesia after the company expressed confidence yesterday in its potential.

Bank Tiara signs $20m loan

Bank Tiara signs $20m loan HONG KONG (Reuter): PT Bank Tiara Asia signed a US$20 million term loan facility with six international banks, the arrangers said.The loan has a maturity of three years and pays a margin of 90 basis points over the Singapore Interbank Offered Rate.

Clashes in campaigns

Clashes in campaigns Emotions are high and tempers short among many participants in the election campaign now underway. Campaign activities have claimed many lives so far, either in traffic accidents or in clashes between political rivals.

Golkar supporters drown in boat mishap

Golkar supporters drown in boat mishap UJUNGPANDANG, South Sulawesi (JP): Ten residents of Selayar Island drowned yesterday when a motorized boat ferrying them home from a Golkar rally on Pasi Palampuang Island capsized in the Selayar Strait.Thirty-five people, including the skipper Dg.

Only 10 taxi firms will be allowed to operate at airport

Only 10 taxi firms will be allowed to operate at airport JAKARTA (JP): The number of taxi companies operating at the Soekarno-Hatta International Airport will be limited to 10 starting next month, an airport authority said yesterday.

PT Timor to raise public funds in '98 for national car

PT Timor to raise public funds in '98 for national car JAKARTA (JP): The government-appointed producer of Indonesia's national car, PT Timor Putra Nasional, yesterday launched its first domestically assembled sedan and promised to finish its car program by early 1999.

Military chiefs invited to Manila

Military chiefs invited to Manila MANILA (AFP): Association of Southeast Asian Nations (ASEAN) member nations' military chiefs-of-staff have been invited to a joint meeting in the Philippine capital next week, organizers said here yesterday.

SIA's B-777 lands here

SIA's B-777 lands here JAKARTA (JP): The first Singapore Airlines (SIA) Boeing B-777, called Jubilee, landed at Soekarno-Hatta airport here yesterday.The jet was one of the 77 bought for US$12.7 billion from Boeing.

Tight rules reduce campaign to slogans

Tight rules reduce campaign to slogans The banning of banners and posters showing an alliance between supporters of the ousted Indonesian Democratic Party (PDI) leader Megawati Soekarnoputri and the United Development Party (PPP) has drawn criticism.

Campaign schedule for Indonesia for May 16, 1997:

Campaign schedule for Indonesia for May 16, 1997: Party Campaign area Important campaigners ---------------------------------------------------------------- PPP Kalimantan, Sulawesi Zain Badjeber, Zarkasih Nur, Tosari Widjaja, Syafei Nongke, Djafar Siddiq Golkar Sumatra, Bali, West and Harmoko,...

KONI gets inversion tables

KONI gets inversion tables JAKARTA (JP): Jakarta fitness center Fitness Station has donated 35 inversion tables to the National Sports Council (KONI) to help Indonesia's Southeast Asian (SEA) Games athletes recover after heavy training.There are 35 tables because Indonesia will compete in 35 sports.

50 acts for art festival

50 acts for art festival DENPASAR: This year's Bali Art Festival is to feature 50 performances from both Indonesia and abroad.Festival chairman, Wayan Dibya, said here yesterday the event would begin June 14 and last for one month, Antara reported.

Where to go in Bali:

Where to go in Bali:Music and entertainment * Bali Cliff, Pecatu: Frog Dance, Saturday. Balinese Theater, Ramayana Ballet, Monday. Kecak Dance, Tuesday and Saturday. Legong Dance, Wednesday. Mask Dance, Thursday. Jegog Orchestra, Friday. Tektekan Calonarang, Sunday, from 8.30 p.m.

PPP changes to white

PPP changes to white PALEMBANG, South Sumatra: Election supervision officials were surprised at a United Development Party rally Monday when most supporters turned up in white T-shirts.Few wore the party's green when they packed the Odion cinema for a discussion by politicians Anwar Husein and...

U.S. maintains plan to sell F-16s to RI

U.S. maintains plan to sell F-16s to RIBy Yenni Djahidin WASHINGTON (JP): The United States administration is waiting for the right moment to notify Congress on its plan to sell nine F-16 jet fighters to Indonesia, an official said.

Vocal army legislator sacked from the House

Vocal army legislator sacked from the House JAKARTA (JP): Outspoken army legislator Maj. Gen. Theo Syafei has received his marching orders from the House of Representatives.Theo was notified of his dismissal last week, but it has just been made public.

PDI sells bike to fund campaign

PDI sells bike to fund campaign BATAM, Riau: Cash-strapped and rift-ridden, the local Indonesian Democratic Party (PDI) branch has sold its only working motorcycle to fund its campaign.But party officials have not consulted the local government, which provided the motorcycle to make party members...

Sheraton promotes RI

Sheraton promotes RI JAKARTA (JP): U.S. International hotel chain ITT Sheraton Corporation is promoting Indonesia as a meeting and conference destination in Asia.Company manager in Indonesia, Bruce McKenzie, said here yesterday that the Sheraton recognized Indonesia's potential as a conference...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 15, 1997: Shares Close Change Trading Volume ------------------------------------------------------------ Ades Alfindo 1,200 0 41,500 AHAP Insurance 2,675 0 0 Alter Abadi 1,175 0 117,500 Alumindo Light Metal 1,100 -25...

Palm oil slightly lower in Europe

Palm oil slightly lower in Europe LONDON (Reuter): Palm oil prices drifted lower at midday yesterday in Europe with easier futures markets in Asia and the U.S. pressuring prices.However, traders said the underlying tone of the market remains fully steady.

Young Helda wins first gymnastic gold in Darwin

Young Helda wins first gymnastic gold in DarwinBy Primastuti Handayani DARWIN, Australia (JP): Finally, the Indonesia Raya anthem was played at the Darwin High School arena as Helda Sulistina won the first gold in gymnastic yesterday.

Thai stock slump knocks other SE Asian bourses

Thai stock slump knocks other SE Asian bourses BANGKOK (AFP): Thai share prices dropped 2.4 percent yesterday on concerns about the baht and the economy, knocking down other Southeast Asian bourses but leaving major markets such as Tokyo and Sydney unscathed.