Indonesian Political, Business & Finance News

Archive: 2 May 1997

66 articles found

Philip Morris contest opened

Philip Morris contest opened JAKARTA (JP): The Indonesian Fine Arts Foundation will hold a painting competition open to Indonesian citizens over 18 years old.The Indonesian Philip Morris Art Awards is jointly organized by the foundation and the Philip Morris tobacco company.

Blue Bird to improve taxi security system

Blue Bird to improve taxi security system JAKARTA (JP): The Blue Bird Group, a transportation company, plans to enhance its Blue Bird taxis' security system by installing acrylic partition behind drivers' seats.

Wullem appointed as new coach of RI national team

Wullem appointed as new coach of RI national team JAKARTA (JP): The Indonesian Football Association (PSSI) has named the Netherlands' Henk Wullem as the national team's coach, replacing Danurwindo.The association's spokesman, Tondo Widodo, said yesterday the Wullem's appointment was made after a...

Patent protection system application

Patent protection system application This is the second article on patent protection in Indonesia by James B. Lumenta, a senior intellectual property lawyer of Amroos Law Consultants in Jakarta. He is currently a researcher on Asia Pacific Intellectual Property Law, at Murdoch University in Perth.

Brunei, Germany plan new oil refinery

Brunei, Germany plan new oil refinery BANDAR SERI BEGAWAN (Reuter): Brunei's Oil and Gas Agency signed a letter of intent to build a refinery in Brunei costing 2.6 billion marks (US$1.5 billion) with state-owned German engineering company IAB, the company said yesterday.

Problems shadow RI-U.S. strong ties, Barry says

Problems shadow RI-U.S. strong ties, Barry saysBy Yenni Djahidin WASHINGTON D.C. (JP): Relations between Indonesia and the United States are "very sound" although some problems have recently crept up to cast a shadow over them, says Robert L.

Chinese ships in Spratlys were military: RP

Chinese ships in Spratlys were military: RP MANILA (Agencies): Philippine Defense Secretary Renato De Villa insisted yesterday that three Chinese ships sighted near Philippine-occupied islands in the disputed Spratlys were military vessels.

PPP supporters attack PLN office after blackout

PPP supporters attack PLN office after blackout UJUNGPANDANG, South Sulawesi (JP): A United Development Party (PPP) rally turned violent here yesterday when supporters attacked an office of state electricity company PLN after a blackout.

Shuttlers have yet to show team spirit

Shuttlers have yet to show team spirit JAKARTA (JP): The Sudirman Cup is just 18 days away but national shuttlers have yet to show team spirit, psychologist Singgih Gunarsa said yesterday."Generally, they don't seem to have the spirit.

RI in U.S. watch list on copyright piracy

RI in U.S. watch list on copyright piracy WASHINGTON (Reuter): The United States Wednesday said Denmark, Sweden, Ireland and Ecuador were failing to live up to international obligations to protect copyrights from piracy.As a result, said U.S.

Iran turns to Asia amid row with Europe

Iran turns to Asia amid row with Europe TEHRAN (AFP): Iran is turning to Asian countries for economic and trade relations as its political crisis with the European Union deepens, state television said yesterday.

PDI glad handing stopped by police

PDI glad handing stopped by police JAKARTA (JP): A rare campaign by the government-sanctioned faction of the Indonesian Democratic party (PDI) came a cropper in South Jakarta yesterday.Police stopped hundreds of PDI supporters distributing plastic bags displaying the party's symbol of a bull's head...

Campaign schedule for Indonesia for May 2, 1997:

Campaign schedule for Indonesia for May 2, 1997: Party Campaign area Important campaigners ------------------------------------------------------------------- PPP Java, Maluku, Irian Ismail H. Metareum, Ali Hardi Kiaidemak, Jaya Zain Badjeber, Jusuf Syakir, Tosari Widjaja, Syansuri Badawi, Rusjdi...

Gulf Canada plans to list RI subsidiary

Gulf Canada plans to list RI subsidiary CALGARY (Reuter): Gulf Canada Resources Ltd is expected to spend C$2.25 billion this year and the company hopes to launch the public offering of its Indonesian subsidiary in September to finance the last part of the major outlay, Gulf chief executive J.

1m hectare land for agribusiness

1m hectare land for agribusiness JAYAPURA, Irian Jaya: The Irian Jaya provincial administration has allotted one million hectares of farmland for agribusiness development.The head of the Irian Jaya agriculture office, Robinson Sihite, told Antara Wednesday that the land earmarked for agribusiness...

Jayawijaya closed to transmigration

Jayawijaya closed to transmigration JAYAPURA, Irian Jaya: The Jayawijaya administration has declared the regency closed to transmigrants from other areas.Jayawijaya Regent JB. Wenas told Antara yesterday that the indigenous tribes have their own tradition and culture which was far different from...

National Archives responds

National Archives respondsFrom RepublikaReferring to a reader's letter in the April 16, 1997 edition of your paper titled National Archives should store film documents, we would like to explain the following:One of the duties of the Indonesia's National Archives is to store a treasury of documents,...

Police detain 24 more people for infringing campaign rules

Police detain 24 more people for infringing campaign rules JAKARTA (JP): Police took 24 more people for questioning yesterday over campaign-rule infringements, taking the number under interrogation to 46.

Winterthur Life Indonesia signs MOU with Bank BNI

Winterthur Life Indonesia signs MOU with Bank BNI The Winterthur insurance group was founded 125 years ago and is now the largest insurance company in Switzerland and among the top five in Europe. With its AA Standard and Poors rating, Winterthur has achieved a reputation for financial soundness...

Tang's lawyers seeking to quit

Tang's lawyers seeking to quit SINGAPORE (AFP): Two lawyers representing Singapore's opposition figure Tang Liang Hong in his legal battle with the ruling People's Action Party (PAP) have sought court permission to stop acting as his counsel, a report said yesterday.

Tri Polyta moving toward upstream integration

Tri Polyta moving toward upstream integration JAKARTA (JP): Publicly-listed petrochemical giant PT Tri Polyta Indonesia said yesterday it was considering a merger with its main feedstock supplier, PT Chandra Asri Petrochemical Center, to move toward upstream integration.

Championing local products

Championing local products President Soeharto's call last week for people to show national spirit by preferring domestic products over foreign ones may sound like an old, strange song to affluent consumers, especially in the current era of economic globalization.

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.

Duta Anggada to issue $100m in notes to refinance loans

Duta Anggada to issue $100m in notes to refinance loans JAKARTA (JP): PT Duta Anggada Realty (DAR) through its Amsterdam-based finance subsidiary, Duta Anggada International B.V., will issue US$100 million guaranteed floating-rate notes (FRNs).

Astra plans to build low-priced sedan

Astra plans to build low-priced sedan JAKARTA (JP): PT Toyota Astra Motor, a Japanese-Indonesian joint venture, will produce a new sedan in 1999 with a price tag of between Rp 35 million (US$14,385) and Rp 40 million, a company director said.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on May 1, 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 1,125 0 570,000 Alumindo Perkasa...

TV today

TV todayTVRI 2:30 a.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Educational Program: Lomba Motivasi Belajar Mandiri 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Students' Quiz: Cerdas Cermat 5:10 Film: Dream of Flight 5:55 Music 6:00 News: Lintasan Berita 6:05 Nusantara, The...

Where to go in Surabaya:

Where to go in Surabaya:Music and Entertainment * Elmi Hotel: Jl. Panglima Sudirman No. 42-44: - Qemi Club: Karaoke/Disco, Sunday, 8 p.m. to 11 p.m., Master Band, Monday and Wednesday, 10:30 p.m. to 12:30 a.m., Atlantic Band, Tuesday and Saturday, 10:30 p.m. to 12:30 a.m.

Soeharto marriage rumors 'untrue'

Soeharto marriage rumors 'untrue' JAKARTA (JP): President Soeharto's half brother Probosutedjo last night denied recent rumors that Soeharto would remarry after the wedding of his youngest son, Hutomo (Tommy) Mandala Putra.

Busang rumors fly as Freeport gets review extension

Busang rumors fly as Freeport gets review extension TORONTO (Reuter): The Busang rumor mill continued to churn on Wednesday as a jittery market weighed Freeport-McMoRan Copper & Gold Inc's move to extend its review of the controversial gold project.

Paranormals 'in action' at Block M Plaza

Paranormals 'in action' at Block M Plaza JAKARTA (JP): "You will get married next year... Your wife will be a Japanese or Javanese girl...," a woman wrote down for a client yesterday at Blok M Plaza, where 15 clairvoyants met with reporters.Renata told the client the "voices" were not clear.

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.

Bank Arya plans to sell 98 million new shares

Bank Arya plans to sell 98 million new shares JAKARTA (JP): Bank Arya plans to offer 98 million new shares or 24.5 percent of its enlarged capital to raise fresh funds of about Rp 50 billion (US$20.57 million) from the public, an executive said yesterday.

Pekanbaru to have four-star hotel

Pekanbaru to have four-star hotel JAKARTA (JP): The Sahid hotel chain has opened a four-star hotel in Pekanbaru, the first of its kind in the Riau capital.The hotel's general manager, Daulat Marbun, said in Pekanbaru yesterday that the Sahid Hotel had launched its soft operation filling up to 50...

New board of social scientists

New board of social scientists JAKARTA (JP): The Indonesian Association for Social Sciences Development (HIPIIS) yesterday introduced its new executive board.The association groups intellectuals from various universities and state institutions.

PPP boycotts poll campaign

PPP boycotts poll campaign YOGYAKARTA (JP): The local United Development Party (PPP) branch boycotted its campaign yesterday to protest attacks by Golkar supporters on two of its offices Wednesday.Local PPP supporters lowered the party's flags and removed signs and posters that had been erected for...

Youth group demands govt review election regulations

Youth group demands govt review election regulations JAKARTA (JP): A youth organization demanded yesterday that the government review election rules which repressed its critics.The FKGMNU youth wing of the 30-million-strong Nahdlatul Ulama Moslem organization said the election system was "unfair"...

Politician too drunk to talk

Politician too drunk to talk BANDAR LAMPUNG, Lampung: The Moslem-oriented United Development Party (PPP) accused security officers yesterday of kidnapping and serving alcohol to a senior party activist to stop him addressing a rally Sunday.

Class action filed against PLN for April blackout

Class action filed against PLN for April blackout JAKARTA (JP): The Indonesian Consumers Foundation (YLKI) filed a lawsuit against the State Electricity Company (PLN) at the South Jakarta District Court yesterday for an eight-hour power blackout last month.

Tree-tier system will not harm public: Surjadi

Tree-tier system will not harm public: Surjadi JAKARTA (JP): The municipality guaranteed yesterday that land appropriation for the Rp 6.05 trillion (US$2.48 billion) three- tiered transit system would not harm the public.

Keppel outbids Bank Lippo to take control of RP bank

Keppel outbids Bank Lippo to take control of RP bank MANILA (Reuter): Singapore's Keppel Corp has outbid Bank Lippo of Indonesia, to snap up control of the ailing Monte de Piedad and Savings Bank, a Philippine central bank official said yesterday.

Ciputra building superblock with US$1b investment

Ciputra building superblock with US$1b investment JAKARTA (JP): The property developer Ciputra Group is building a 13.5 hectare superblock in Kuningan with investment of US$1 billion, Ciputra, the group's chairman said yesterday.

Campaign rules stifle debate

Campaign rules stifle debateBy Sirikit Syah JAKARTA (JP): Campaign rules say that politicians cannot judge, belittle or disparage policies of the government, civil servants or Armed Forces staff.This makes it hard for campaigners to win votes by talking on clean government, anticorruption or...

Awareness night on HIV/AIDS

Awareness night on HIV/AIDS JAKARTA (JP): Thirty-nine cities throughout the country are taking part in a worldwide AIDS awareness night on May 4. The theme this year is "Dignity and Health Care For All," and will be held by separate organizations involved with AIDS.

S'pore to buy RI gas

S'pore to buy RI gas SINGAPORE (AFP): Singapore is to buy piped natural gas from Indonesia under a landmark agreement to fuel the island state's power needs, chemical and petrochemical industries, news reports said yesterday.

Scholar says Indonesia more visible in the U.S.

Scholar says Indonesia more visible in the U.S. WASHINGTON D.C. (JP): For better or for worse, Indonesia has become more visible in the United States.Harry Harding, dean and professor of the Elliot School of International Affairs at George Washington University, attributes two factors that have...

World rated crossers to race at Jatinangor

World rated crossers to race at Jatinangor JAKARTA (JP): The world's leading 250cc motorcross racer, Belgium's Everts Steven, will lead the world's rated riders in the Gudang Guram Mesran World Motocross Championships in Jatinangor, Bandung, in August.

Nice boys, a thing of the past

Nice boys, a thing of the past Walking along the road in Kuta, Bali, a boy asked me if I would like to buy a silver bracelet. I said "No, thank you." After repeating myself 10 times or more, he still followed me, poking my arm from behind. I turned round and said to him, "Stop touching me.

New bridge affects river transportation

New bridge affects river transportation BANJARMASIN, South Kalimantan: The Barito river transportation has lost its popularity since the new bridge was opened last week.The owners of ferries and speedboats said yesterday that business had been slack, Antara reported yesterday.

Blok M area empty of street singers

Blok M area empty of street singers JAKARTA (JP): The Blok M bus terminal in South Jakarta has been empty of street singers after a student was murdered last week.A group of singers stabbed to death a student of a private technical school and injured two others on April 24.

Garuda begins new cargo service route

Garuda begins new cargo service route JAKARTA (JP): National flag carrier Garuda Indonesia is plying its Boeing B-737-200C cargo jet on the Jakarta-Batam route to facilitate businesspeople.Garuda's manager in Batam, Iskandar Basro, said yesterday that the service, now on trial until October, would...

BNI to join MSCI indices

BNI to join MSCI indices HONG KONG (Reuter): PT Bank Negara Indonesia (BNI) will join the Morgan Stanley Capital Index roster of companies at the regular reshuffle planned for May 30, an MSCI spokesman said on Thursday.

Solution for traffic jams

Solution for traffic jamsFrom RepublikaTraffic problems in Jakarta are actually not the direct responsibility of the Institute for the Defense of Human Rights (LPHAM). However, allow me as a citizen, concerned about smooth traffic flow and the amenities of the capital, to speak up about some...

Tanah Abang clothing traders make windfall profits

Tanah Abang clothing traders make windfall profits JAKARTA (JP): The election campaign is giving fabric traders at the Tanah Abang wholesale market in Central Jakarta windfall profits from selling rally apparel and accessories.

Japan wants WTO to mediate over car

Japan wants WTO to mediate over car GENEVA (AFP): Japan on Wednesday officially asked the World Trade Organization to form a panel to arbitrate in a dispute over Indonesia's controversial national car policy, trade sources said here.

Bapepam issues margin trading regulation

Bapepam issues margin trading regulation JAKARTA (JP): The capital market supervisory agency (Bapepam) has issued a new trading regulation to ensure fair practice in margin trading.Under the new regulation issued Wednesday, a broking company should have a net adjusted working capital of at least Rp...

Aussie firm finds future in Timor sea

Aussie firm finds future in Timor sea SYDNEY (Reuter): Australian oil and gas producer and explorer Petroz NL has found its future in the oil-rich waters of the Timor Gap, once the site of a lengthy border dispute between Australia and Indonesia.

Golkar pledges better education system

Golkar pledges better education system JAKARTA (JP): After spending the first three days of the campaign making promises to eradicate poverty and reduce unemployment, Golkar changed course slightly yesterday by promising to improve the nation's state education system.

The Listening Post

The Listening Post "Building English Skills Through Newspaper + Radio" Produced by American Language Center in cooperation with The Jakarta Post and Radio Sonora FM 100.9 Mhz * Abner and I are assembling a list of the most common loan- words from other languages (primarily Dutch, Spanish,...

'Check schools before enrollment'

'Check schools before enrollment' JAKARTA (JP): Minister of Education and Culture Wardiman Djojonegoro said yesterday that parents should check the quality of schools overseas before enrolling their children.

Man, is this a foreign land?

Man, is this a foreign land? DILI: Globalization, computerization, ASEAN, dual function...These favorite words of campaigners sound gibberish to most East Timorese, political observer Marcel Lombe said yesterday.

Strong teeth steal the show

Strong teeth steal the show BANDA ACEH, Aceh: A man with tough teeth stole the show at a United Development Party rally at the Ulee Kareeng soccer field.He hauled a two-ton Kijang van into the center of the field by a rope which he gripped with his teeth.

Language mistakes

Language mistakes As a loyal, longtime subscriber to The Jakarta Post, I am concerned about the fact that every now and then unnecessary errors and mistakes are allowed to appear in your professional, quality publication.

No panacea for election campaign violence

No panacea for election campaign violence The continuing violence, especially in Central and East Java, has concerned many people. Political scientist Arbi Sanit from the Jakarta-based University of Indonesia talks to The Jakarta Post about the issue.

ASEAN ministers to meet in KL on new members

ASEAN ministers to meet in KL on new members JAKARTA (JP): The foreign ministers of the Association of Southeast Asian Nations (ASEAN) will hold a special meeting next week in Kuala Lumpur to discuss the admission of Cambodia, Laos and Myanmar as full members.

Share price on JSX lose ground

Share price on JSX lose ground JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) weakened yesterday after a slight rise Wednesday, with the main price index losing 1.5 points in moderate trading.