Indonesian Political, Business & Finance News

Archive: 10 June 1997

62 articles found

Foreign tourists on cruises

Foreign tourists on cruises MATARAM, West Nusa Tenggara: Cruise ships carried 20,442 foreign tourists to West Nusa Tenggara in 1996, a sharp increase on the 12,253 foreigners that cruised to the province in 1995, a provincial official said yesterday.

S'pore extends levy deadline

S'pore extends levy deadline SINGAPORE (Reuter): A marriage stampede prompted by a measure to curb speculation in Singapore's housing market has persuaded the government to give young couples more time to tie the knot, the New Paper reported yesterday.

Thieves make away with 1.2-kg gold

Thieves make away with 1.2-kg gold JAKARTA (JP): Police are looking for thieves who stole 1.2 kilograms of gold, some jewelry and Rp 8 million (US$3,278) in cash from a house in Central Jakarta.City Police Spokesman Lt. Col. E.

Terror in East Timor

Terror in East Timor Saturday's fire which razed the main market in Dili, as the police have claimed, seems to be the latest in a series of despicable acts of terrorism by the Fretilin separatist rebels in East Timor.

Protest at RP Singapore mission

Protest at RP Singapore mission MANILA (AFP): Ten left-wing activists staged a 30-minute sit- down protest outside the Singapore embassy in the Philippines yesterday, hours ahead of the arrival of Prime Minister Goh Chok Tong, witnesses said.

Garuda Indonesia freed from non-profit routes

Garuda Indonesia freed from non-profit routes JAKARTA (JP): Director General of Air Transportation Zainuddin Sikado yesterday ordered all scheduled airlines, except national flag carrier Garuda Indonesia, to ply the country's low-profit "pioneer routes".

Thai, Malaysian firms ink $260m telecoms deal

Thai, Malaysian firms ink $260m telecoms deal BANGKOK (AFP): Thai mobile phone company, Samart Corp. plc. yesterday signed a US$260 million strategic telecommunications tie-up deal with Telekom Malaysia Bhd. at a ceremony here.

Indonesia's cocoa production expected to rise

Indonesia's cocoa production expected to rise CIANJUR, West Java (JP): Indonesia's cocoa production is projected to increase to 450,000 tons this year from 300,000 tons in 1996, says an Indonesian Cocoa Association (Askindo) representative.

Race for Jakarta governor kicks off

Race for Jakarta governor kicks off JAKARTA (JP): Former Jakarta Military Commander Lt. Gen. A.M. Hendropriyono has been proposed as candidate for the next Jakarta Governor alongside current Governor Surjadi Soedirdja.

Harmoko receives new job description

Harmoko receives new job description JAKARTA (JP): President Soeharto gave the newly appointed state minister of special assignments, Harmoko, his job description yesterday, which is to brief new members of the House of Representatives before they are inducted on Oct. 1.

Berlian gets $68m loan

Berlian gets $68m loan JAKARTA (JP): Shipping company PT Berlian Laju Tanker has secured a US$68 million syndicated loan arranged by Mees Pierson from five European banks, an executive said yesterday.The company's corporate secretary, Kevin Wong, said after its extraordinary meeting here that the...

PNG may turn to Somare in election

PNG may turn to Somare in election PORT MORESBY (AFP): Papua New Guineans, disgusted with politicians they see as corrupt and ineffective, may turn to their first leader, Sir Michael Somare, in an election this week, observers say.

Asians use mobile phones more than Americans

Asians use mobile phones more than Americans SINGAPORE (AFP): Asian cellular phone users could soon outnumber those in North America due to an explosive growth in new subscribers, officials of Swedish telecommunications group Ericsson said here Monday.

Mayora gets an 'A' rating

Mayora gets an 'A' rating JAKARTA (JP): PT Mayora Indah, the largest biscuit, candy, chocolate and coffee producer in the country, was given an "A" credit rating from Indonesian rating agency Pefindo.The publicly listed company said here yesterday that the "A" rating was the highest given by...

Three soldiers get posthumous promotion

Three soldiers get posthumous promotion JAKARTA (JP): Greater Jakarta Military Commander Maj. Gen. Sutiyoso promoted posthumously yesterday three soldiers by one grade who died on duty during the election campaigns in the city from April 27 to May 23.

Special justice councils set up before free trade

Special justice councils set up before free trade JAKARTA (JP): The Supreme Court has set up two special councils of justices, on intellectual property rights and banking, Chief Justice Sarwata said yesterday."It was decided in a leadership meting last month.

Asian states must focus more on oil security

Asian states must focus more on oil security KUALA LUMPUR (Reuter): Asian countries, where demand for energy is soaring, need to pay more attention to the security of their supplies, a senior International Energy Agency (IEA) official said yesterday.

Four die in road accident

Four die in road accident SEMARANG: Four people died and five others were seriously injured when the Suzuki minivan they were traveling in collided with a truck on the Semarang-Bawean highway in the vicinity of Harjosari village Friday.

Wildlife conservation

Wildlife conservation According to various newspaper reports, many singers and TV personalities keep wildlife such as orangutans, gibbons etc. as pets. Some Indonesian families also like to keep wildlife -- mammals, reptiles, and birds (alive or stuffed).

Sudomo tries to put lid on talk on vice-predidency

Sudomo tries to put lid on talk on vice-predidency JAKARTA (JP): Two military observers tried yesterday to put a lid on discussion of the country's next vice president by suggesting that it wait until next year.Lt. Gen.

Action against illegal house maid agencies urged

Action against illegal house maid agencies urged JAKARTA (JP): The City Manpower Agency was urged to take stern action against illegal agencies supplying domestic help, a city official said yesterday.The city's assistant secretary for social welfare, Soenarjudardji, said that the large number of...

Hayono wants Games sticker sales to go on

Hayono wants Games sticker sales to go on JAKARTA (JP): The state minister for youth affairs and sports, Hayono Isman, said yesterday he hoped the Ministry of Social Services would extend the permit for the 19th Southeast Asian (SEA) Games consortium to raise funds.

ASEAN officials in Cambodia

ASEAN officials in Cambodia PHNOM PENH (Reuter): Senior Association of Southeast Asian Nations (ASEAN) representatives arrived in Phnom Penh yesterday to formally notify Cambodia of its acceptance into the regional group in July along with Myanmar and Laos, officials said.

Defendant in Jagorawi toll case withdraws testimony

Defendant in Jagorawi toll case withdraws testimony BOGOR (JP): One of two defendants in the Jagorawi robbery and murder case, Erling Doly Wijaya, alias Mikel, withdrew his police testimony at yesterday's hearing.

Big suppliers dominate state projects

Big suppliers dominate state projects JAKARTA (JP): Some large suppliers have capped large government projects, leaving small suppliers deprived, the Indonesian Suppliers and Distributors Association said yesterday.The association's chairman, A.

Cup players dominate selection

Cup players dominate selection JAKARTA (JP): Indonesia's Davis and Federation cup players dominated the first day of national selection at the Senayan tennis complex yesterday.Indonesia's top men's player, Andrian Raturandang, beat junior Marco Sitepu 6-1, 6-2, in a group B match.

Maharani set to allot Rp 226b for financing

Maharani set to allot Rp 226b for financing JAKARTA (JP): Multifinance firm PT Maharani Intifinance will allocate about Rp 226 billion (US$94.16 million) by the end of the year to its consumer financing, factoring and leasing sections, its director said yesterday.

Mid East, Pacific forum proposed

Mid East, Pacific forum proposed KUALA LUMPUR (AP): Acting Malaysian Prime Minister Anwar Ibrahim proposed yesterday establishing a forum between Middle East and Asia-Pacific nations to discuss mutual interests.

Mustika Ratu targets Rp 25.2b profit this year

Mustika Ratu targets Rp 25.2b profit this year JAKARTA (JP): PT Mustika Ratu, a maker of herbal medicine and cosmetics, said yesterday its annual net profit was expected to rise 27.3 percent to Rp 25.2 billion (US$10.5 million) this year.Its annual net profit rose 18.

Importers complain of uncertainty at port

Importers complain of uncertainty at port JAKARTA (JP): Importers yesterday complained about increased costs and uncertainty at Jakarta's Tanjung Priok port following a critical container pile-up there since late April.

Foreign mining firms applying for jobs

Foreign mining firms applying for jobs JAKARTA (JP): Minister of Mines and Energy I.B. Sudjana said yesterday 120 foreign mining companies had applied for coal mining contracts in Indonesia.Speaking at the opening ceremony of the Third Coaltrans Asia in Nusa Dua, Bali, Sudjana said he hoped their...

ABRI's extended family meets at last

ABRI's extended family meets at last JAKARTA (JP): The Indonesian Armed Forces' (ABRI) extended family met for the first time yesterday after thirty-two years of New Order government.About 200 retired Armed Forces generals attended the meeting at the Armed Forces headquarters in Cilangkap, East...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 09, 1997: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 1,500 75 273,500 AHAP Insurance 2,675 0 0 Alter Abadi 1,000 0 0 Alumindo Light Metal 1,150 25 224,000...

City evaluating parking scheme

City evaluating parking scheme JAKARTA (JP): Governor Surjadi Soedirdja said yesterday the city was currently evaluating a parking proposal from a private company, which includes insurance and a sports fund.

Changes at the top

Changes at the top Surprise is what best describes many people's reaction to recent changes in the cabinet and Armed Forces. No one had ever dared to speculate that Harmoko would end his tenure as Minister of Information mid-term, with only 11 months left for the present Sixth Development Cabinet...

New minister to bring hope to press, say analysts

New minister to bring hope to press, say analysts JAKARTA (JP): The local press was advised yesterday not to fear tighter rules under the new Minister of Information Gen. R. Hartono.Military analyst Salim Said said yesterday the press had had no problems under the four military officers who had led...

Washington should mind its own business

Washington should mind its own business A United States congressman delivered a strong message to Indonesia a few months ago. Now Indonesia has sent back an even stronger message to Washington by canceling an order for US jets.

Dharma's shares in Telagamas

Dharma's shares in Telagamas SURABAYA (JP): PT Dharma Pinastika Raharja said yesterday it has bought 10 million shares, or 10.1 percent of PT Telagamas Pertiwi, for Rp 28 billion (US$11.66 million) on the local stock market.

Air pollution in cities a big problem indoors: Survey

Air pollution in cities a big problem indoors: Survey JAKARTA (JP): Air pollution in cities is worsening at such a rate that, unless it is properly addressed, people will soon have to pay for clean air, environmentalists warned yesterday.

Security at Seibu

Security at Seibu On June 6 while shopping at Seibu and Pasaraya, I was again alerted to the lack of security at these upmarket department stores. I parked my car in the parking lot next to Seibu and paid the Rp 1,000 parking fee.

Singaporean arrested for immigration abuse

Singaporean arrested for immigration abuse JAKARTA (JP): A Singaporean man has been arrested for abusing his short stay visit visa by working for a securities company in West Jakarta, an Immigration official said yesterday.

Singapore-Malaysia row an ASEAN acid test?

Singapore-Malaysia row an ASEAN acid test?By Dean Visser SINGAPORE (DPA): The recent loud dispute between next-door neighbors Singapore and Malaysia might be disturbing to those within hearing distance -- but it is not about to lower property values in the neighborhood, regional observers say.

Komatsu enters India

Komatsu enters India TOKYO (AFP): Japan's Komatsu Ltd. said yesterday it had agreed with Larsen and Toubro Ltd. of India to form a joint venture in November to produce and market construction machinery in India.L and T Komatsu Ltd.

Jakarta Bintangs score historic win

Jakarta Bintangs score historic win JAKARTA (JP): The Jakarta Bintangs beat the Malaysia Tigers by 50 points Saturday in an Australian Rules Football match at the Cibubur Scout Complex.The Bintangs claimed the inaugural Indonesia/Malaysia Challenge Cup after its 15. 9. - 99 to 7. 7. - 49 win.

Third of four towers sold at Four Seasons complex

Third of four towers sold at Four Seasons complex JAKARTA (JP): The Four Seasons Regent Residences complex has sold 45 percent of rooms in the third of its four towers currently under construction in Setia Budi district, its managing director said yesterday.

New polio vaccination drive in September

New polio vaccination drive in September JAKARTA (JP): The municipality will launch its third polio vaccination drive on Sept. 2 and on Oct. 7, the head of the Committee of National Immunization, Soenarjudardji, said yesterday.

Reports on famine denied

Reports on famine denied PALANGKARAYA, C. Kalimantan: Governor Warsito Rasman denied a press report yesterday that more than 5,000 people were facing a famine in remote areas of Barito Utara district."Don't write such a sensational story.

Drivers go on strike

Drivers go on strike JAKARTA (JP): Dozens of bemo (three-wheeled public transport) and mikrolet (transportation van) drivers went on strike and held a demonstration yesterday in front of the City Land Transportation and Traffic Control Office on Jl. Taman Jati Baru, in Tanah Abang, Central Jakarta.

Election '97: Lessons for the victor

Election '97: Lessons for the victorBy Irman G. Lanti JAKARTA (JP): The last general election this century has come to an end. And Golkar, as in the previous five elections held in the New Order era, emerged the winner.

Youths visit Sukarno's grave

Youths visit Sukarno's grave BLITAR, East Java: A group of 300 youths from Yogyakarta visited the grave of Indonesia's first president Sukarno here Friday, Antara reported Saturday.Calling themselves members of the Megawati's Loyalists, the youths sported white T-shirts emblazoned with the picture...

Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Horison, Jl. Pantai Indah, Taman Impian Jaya Ancol, North Jakarta: - The Anging Mamiri Garden: Fantastic Group from Philippines, Ever Green Hawaiian Band/Orkes Keroncong, Hula-hula Dances, every Saturday Night, 7 p.m. to 10:30 p.m.

RI wants to delay net oil importer status

RI wants to delay net oil importer status KUALA LUMPUR (Reuter): Indonesia aims to defer becoming a net crude oil importer by three years to 2007 through improved oil exploration methods and greater use of natural gas and coal, a senior official with state-owned Pertamina said yesterday.

TV today

TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Mooncat 3:00 News: Lintasan Berita 3:10 Teenagers' Program: Remaja Indonesia 3:35 Education Program: Open University 4:00 Regional News 4:30 Teenagers' Drama: Salah Sasaran 5:00 English Lessons 5:25 Variety...

HB Jassin still in hospital

HB Jassin still in hospital JAKARTA (JP): Writer and literary critic Hans Bague Jassin entered his 10th day of hospital treatment yesterday. He was admitted Friday to Cipto Mangun Kusumo General Hospital after being transferred from Saint Carolus Hospital for stroke.

Poppy to design Games outfits

Poppy to design Games outfits JAKARTA (JP): Designer Poppy Dharsono will design the official wardrobe for the Indonesian contingent at the 19th Southeast Asian (SEA) Games which will be held in Jakarta in October.

Ericsson wins RI deal

Ericsson wins RI deal STOCKHOLM (Reuter): Swedish telecoms group LM Ericsson AB said yesterday it had won a contract from Indonesian wireless data operator, PT Massinfo Nusantara, to supply and install a Mobitex communications network.No financial details were released.

Wahono laments political parties empty promises

Wahono laments political parties empty promises JAKARTA (JP): House Speaker Wahono said yesterday political parties had exploited the public during the election campaign.Wahono said in a speech which marked the opening of the House of Representatives' final sessions for the 1992-1997 term, that...

Siti Aminah wins honor for environmental work

Siti Aminah wins honor for environmental workBy Renata Arianingtyas JAKARTA (JP): Siti Aminah, the 27-year-old who won a Global 500 Roll of Honor award for the environment, had considered joining the millions of Indonesian migrant workers in Malaysia in search of higher wages and instead she stayed...

Media short of women's issues

Media short of women's issues JAKARTA: Local female journalists have to work harder for recognition than their overseas counterparts, a Fullbright scholar said yesterday.Alice M. Klement told a discussion that local female journalists were challenged by the traditional belief that women should stay...

Punish Dili market arsonists: Governor

Punish Dili market arsonists: Governor DILI, East Timor (JP): The governor urged law enforcers yesterday to take stiff action against the suspected separatist rebels who allegedly torched the Old Mercado market on Saturday.

Choice Hotels to open three new hotels soon

Choice Hotels to open three new hotels soon JAKARTA (JP): Choice Hotels, an international hotel chain, will open three new hotels in the country this year in an aggressive expansion plan.Karl Waelti, the Chief Operating Officer in Indonesia of the Washington D.C.

RI concerned about cut in Japanese aid

RI concerned about cut in Japanese aid TOKYO (AFP): Indonesia yesterday expressed concern about a Japanese plan to slash its foreign aid due to tight budget conditions, Japanese foreign ministry officials said.