Indonesian Political, Business & Finance News

Archive: 28 June 1997

55 articles found

The Sukarno factor

The Sukarno factor As could have been expected, the idea of moving the remains of Indonesia's late first president, Sukarno, from his present grave in Blitar in East Java, to Bogor, has been met with disapproval from the government.

Teachers need help in handling trouble makers

Teachers need help in handling trouble makers JAKARTA (JP): A government official defended on Thursday school teachers' inaction in dealing with problematic students."Who can guarantee the safety of teachers outside school after they reprimand or punish undisciplined students," said Sri Sudono,...

What do PDI's losses mean for RI politics?

What do PDI's losses mean for RI politics? The heavy losses suffered by the minority Indonesian Democratic Party in the recent election took many people by surprise. Cornelis LAY, a political sciences lecturer at Gadjah Mada University in Yogyakarta, dissects the issue.

Indonesia's IPTN carves a niche in world aviation history

Indonesia's IPTN carves a niche in world aviation historyTexts and photos by Endy M. Bayuni PT IPTN made history this month at the Paris Air Show by becoming the first Asian country to bring a commercial passenger airplane to the prestigious biennial event.

Insurance program awareness low

Insurance program awareness low JAKARTA (JP): Medical costs may be rising but public awareness on the importance of health insurance remains low, according to a director of the state-run insurance firm PT Asuransi Kesehatan Indonesia (Askes).

Lippo-China Resources ties

Lippo-China Resources ties HONG KONG (AFP): The chairman of Indonesian-owned Lippo Ltd. said yesterday that further cooperation with the Beijing-backed China Resources group would be announced soon.Lippo chairman Stephen Riady said the company wants to expand the relationship in both financial...

Police confiscate fake delux Louis Vuitton items

Police confiscate fake delux Louis Vuitton items JAKARTA (JP): City police have confiscated over 250 items illegally bearing the logo of French luxury travel goods manufacturer Louis Vuitton, a lawyer of Dermawan & Co Law firm said.P.D.D.

Students protest PPP signing poll results

Students protest PPP signing poll results JAKARTA (JP): About 20 students protested yesterday over the United Development Party's (PPP) decision to accept the general election results despite alleged widespread poll-rigging.

ASEAN seen pushing gas, electricity freeway

ASEAN seen pushing gas, electricity freeway MANILA (Reuter): Southeast Asian energy ministers could bring more focus to a long-standing plan to set up a regional gas and electricity "freeway" at their annual meeting next week, ASEAN energy officials said.

House committee split on scope of rules review

House committee split on scope of rules review JAKARTA (JP): The committee to review the House of Representatives' internal rules entered its second day of deliberations yesterday divided over the scope of its work.

PDI defeat is laughing stock

PDI defeat is laughing stock SEMARANG: About 60 supporters of Megawati Soekarnoputri celebrated Thursday the humiliating election defeat of the Indonesian Democratic Party (PDI) under the government-backed leadership of Soerjadi.

Soeharto to expand relations with Syria

Soeharto to expand relations with Syria JAKARTA (JP): Indonesia and Syria agreed yesterday to expand bilateral ties beyond simply political support for one another by moving into economic and cultural fields.

Exxon pushes ahead with plans to raise Asia

Exxon pushes ahead with plans to raise Asia SINGAPORE (Reuter): Exxon Corp is going ahead with a US$450 million chemical investment in Thailand despite the country's current economic turmoil as part of efforts to double Asia- Pacific revenue, a senior company official said yesterday.

Bimantara delays launching new model until end of year

Bimantara delays launching new model until end of yearBy John Aglionby PT Citramobil Nusantara will delay launching the third Bimantara model until the end of this year in order to concentrate on setting up its new manufacturing plant.

Rumors of riots rock Surabaya

Rumors of riots rock Surabaya SURABAYA: The military played down yesterday rumors of impending riots on July 7 in Madura, Jember, Situbondo, Pasuruan and other parts of East Java.Provincial security spokesman Lt. Col. S.

High court upholds PRD activists' verdicts

High court upholds PRD activists' verdicts JAKARTA (JP): The Jakarta High Court has upheld the sentences against five leaders of the Democratic People's Party (PRD) who were convicted for subversion earlier this year.

SEA Games venues ready by August

SEA Games venues ready by August JAKARTA (JP): All venues for the 19th Southeast Asian (SEA) Games here in October will be ready by the end of August, organizers said yesterday.The organizers' venue and equipment deputy chairman, Saptodarsono, said the Senayan sports complex, which will host 18...

Protest at Japan Embassy

Protest at Japan Embassy JAKARTA (JP): Fifteen people, who claimed to be members of an organization called the United Revolutionary Continuance of 1966 Struggle (KPP'66), staged a protest rally in front of the Japanese Embassy yesterday.

Jakarta Fair: A story of lost children and show-off women

Jakarta Fair: A story of lost children and show-off women JAKARTA (JP): When you go to the Jakarta Fair hold on to your little ones tight, because at least 10 children get lost everyday at the crowded annual fair.

Euro could benefit Indonesia

Euro could benefit Indonesia This is the second of two articles based on an excerpt of a paper presented at the ABN-AMRO Conference on the European Single Currency on June 17 in Jakarta by J. Soedradjad Djiwandono, a professor of economics at the University of Indonesia and Governor of Bank...

Regions to get system to avert disasters

Regions to get system to avert disasters SERPONG, West Java (JP): Provincial governments will be given computer systems to help anticipate and manage natural disasters, Coordinating Minister for People's Welfare Azwar Anas said Thursday.

An appeal for help

An appeal for helpFrom NeracaApart from engaging in many projects and vocational training, the Indonesian Association of the Disabled in Bogor, West Java, is also concerned with monitoring and assessing various results of development in Indonesia and in the Bogor regency in particular.

Where to go in Jakarta:

Where to go in Jakarta:Music * Shangri-La Hotel, Jl. Jend. Sudirman Kav.1, Central Jakarta: - B.A.T.S: The Sunday Jazz Club performs live music, video clip, talk show, etc., every Sunday, 1 p.m. to 6 p.m., * Hotel Horison, Jl.

Most developers tend to ask for dispensations

Most developers tend to ask for dispensations JAKARTA (JP): Governor Surjadi Soedirdja said developers' constant desire to get facilities from the city, like being allowed to pay fees in installments, would hamper public services.

Canada business awards

Canada business awards JAKARTA (JP): The Indonesian-Canada Chamber of Commerce will award several Indonesian companies for their great contribution to improving bilateral economic relations at a gala dinner at the Regent Hotel on July 1.

Seminar on Malayan culture

Seminar on Malayan culture MATARAM, West Nusa Tenggara: A seminar on Malay language and culture will be held here from July 21 to July 23 at the University of Mataram, Antara reported yesterday.At least 241 foreign and local participants have confirmed their attendance at the seminar, organizing...

Petronas awards contracts

Petronas awards contracts KUALA LUMPUR (AFP): Malaysia's national oil firm Petroliam Nasional Bhd. (Petronas) yesterday awarded three production sharing contracts to its unit Petronas Carigali and three companies of Shell Malaysia.

Islamic center project starts with mosque

Islamic center project starts with mosque JAKARTA (JP): A new Islamic center is being constructed in the West Java district of Citeureup, 30 kilometers south of Jakarta.The center, built on 17 hectares of land, will comprise a mosque, a museum, a library, a hospital and a recreational center.

Bill 'must protect' indigenous people

Bill 'must protect' indigenous people JAKARTA (JP): The future environment law should better protect indigenous people's land rights, sociologist Loekman Soetrisno said yesterday.At a discussion on the environment bill at the Indonesian Legal Aid Foundation, Loekman of Gadjah Mada University said...

Pollution in Bekasi

Pollution in BekasiFrom RepublikaRecently, thick fumes resembling fog with a strong smell have been noticeable in Bekasi. At first, I thought a resident must have been burning his garbage. But that was not the case.The fumes appear in the morning and may reappear at dusk.

Power project delayed due to agreement failure

Power project delayed due to agreement failure JAKARTA (JP): British Gas International has yet to start developing a proposed US$350 million gas-fired power plant in Serpong, West Java, because it has been unable to secure a power purchase agreement with state-owned electricity company PLN.

Franchising of traditional food

Franchising of traditional food JAKARTA (JP): The growth of traditional Indonesian food franchises significantly pales compared to those of foreign franchises due to discrimination from shopping center owners, says a businessman.

RI immigration alert ahead of HK handover

RI immigration alert ahead of HK handover JAKARTA (JP): The Indonesian Immigration Office will increase its alertness against possible attempts by Hong Kong nationals to immigrate into Indonesia ahead of the British island colony's handover to China next week, Immigration Director General Pranowo...

RI rice output set to increase 2%

RI rice output set to increase 2% JAKARTA (JP): Indonesian unhusked rice production this year is expected to rise 2 percent over last year's 50 million tons despite forecasts of a drought worse than the one in late 1994 which ended Indonesia's self-sufficiency in rice, a minister said.

Jet-powered N-250 is just the beginning

Jet-powered N-250 is just the beginning PARIS (JP): The N-250 twin turboprop aircraft is the first of a family of airplanes, both propel and jet powered, that PT IPTN plans to produce as Indonesia bids entry into the global aviation industry.

Body found in trash container

Body found in trash container JAKARTA (JP): A body of a female was found in a garbage container on Jl. Lenteng Agung, in Jagakarsa, South Jakarta yesterday.A police sergeant at the South Jakarta Police precinct said the body was found by an officer of the city sanitation office, Tarjo, at about...

Corporate shareholders meetings' reports

Corporate shareholders meetings' reports JAKARTA (JP): Shareholders of publicly listed PT Van Der Horst Indonesia approved yesterday the company's plan to increase its paid-up capital Rp 120 billion (US$49 million) to Rp 160 billion.

TV today

TV todayTVRI 2:30 a.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Road to Avonlea 3:10 Filler 3:20 Soccer: Kansas League, Petrokimia vs Surabaya (live) 4:00 Regional News 4:30 Soccer: Kansas League, Petrokimia vs Surabaya (contd.

Test pilot gives thumbs up to N-250

Test pilot gives thumbs up to N-250 PARIS (JP): "We had a smooth flight. The plane was in top shape."That was the verdict from Indonesian Air Force pilot Lt. Col. Sumarwoto who, along with 12 others, flew the Gatotkoco, the initial prototype of the N-250, all the way from Bandung, West Java, to...

Fabricated quotation

Fabricated quotation Several articles in the Indonesian press on Tuesday, June 24 and a page two story in The Jakarta Post (Thursday, June 26) draw on an Antara report which referred to Alex Refialy, as "Head of the East Timor Chapter of the National Commission on Human Rights." Mr.

The audit board's report

The audit board's report While presenting the State Audit Board's findings for the first half of the past budget year to House of Representatives chairman H. Wahono earlier this week, Audit Board chairman Prof. Dr. J.B. Sumarlin said he hoped the document could be of good use to legislators.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 27, 1997: Shares Close Change Trading Volume --------------------------------------------------------- Ades Alfindo 1,875 -75 49,500 AHAP Insurance 2,700 0 0 Alter Abadi 1,025 0 0 Alumindo Light Metal 1,075 -25 1,284,500...

Illegal levies haunt public bus drivers

Illegal levies haunt public bus drivers JAKARTA (JP): One complaint of drivers who staged sporadic strikes in the past two weeks was the many official and unofficial fees they are subjected to.There is a kind of fee which is not clearly defined as official or not -- those collected at terminals.

IPTN moves to produce engine in grand aviation designs

IPTN moves to produce engine in grand aviation designs PARIS (JP): If building airplanes is like doing a giant jigsaw puzzle, then putting together the engine has got to be one of the largest and most important pieces.

Election money frauds

Election money frauds KENDARI, Southeast Sulawesi: Kendari Regent H.A. Razak Porosi promised to punish an unscrupulous employee who had allegedly stolen Rp 187 million (US$77,916) of general election funds, Antara reported.

Hero Supermarket apologizes

Hero Supermarket apologizesFrom Pikiran RakyatI am writing in reference to Mr. Verdi's letter (Pikiran Rakyat June 24).On behalf of Hero Supermarket's management we would like to apologize for the misconduct of our employee while you were shopping at our outlet situated on Jl.

PWI plans new press center

PWI plans new press center JAKARTA (JP): The Jakarta chapter of the Indonesian Journalists Association (PWI) is planning to build a press center.Jakarta PWI chairman Tarman Azzam said earlier this week that the 14-story building would include a training and education center for journalists and a...

EU sees no talks with Myanmar yet

EU sees no talks with Myanmar yet BRUSSELS (Reuter): European Union (EU) foreign ministers have said that the human rights situation in Myanmar was worsening and that Yangon's membership of the ASEAN trading bloc did not imply it could take part in EU-Asian talks.

WB loan Bangkok

WB loan Bangkok BANGKOK (AFP): The World Bank said yesterday it had approved a US$145 million loan to Thailand's Metropolitan Electricity Authority (MEA) to upgrade the efficiency of the distribution system in Bangkok.

Four die in toll road accident

Four die in toll road accident JAKARTA (JP): Former Jakarta Military Command Spokesman Lt. Col. Didi Supandi, his wife, and two children died, while two other children were injured, in a traffic accident on Kebun Jeruk toll road yesterday.City Police Spokesman Lt. Col. E.

Hamdani in second place

Hamdani in second place JAKARTA (JP): NM Hamdani Rudin moved into second place behind Filipino GM Antonio Regilio at the Bali Jeff-RCA Grandmaster Chess Tournament on Thursday.Hamdani's win came in the sixth round when he beat GM Edhi Handoko in the 19th move of the Scotland opening.

E. Timorese rebel leader buried without incident

E. Timorese rebel leader buried without incident JAKARTA (JP): David Alex, the separatist rebel who died in hospital Wednesday after a shootout in Baucau, has been buried in Dili without incident, reports said yesterday.Local military chief Col.

Police nab 13, seize drugs in recent raids

Police nab 13, seize drugs in recent raids JAKARTA (JP): Police have arrested 13 alleged drug dealers and confiscated 4,600 Ecstasy pills, 10 kilograms of marijuana, and 525 grams of heroin in a series of raids over the past two weeks, an officer said Thursday.Chief of City Police Detectives Col.

Junior high school let down by Egyptian minister

Junior high school let down by Egyptian minister JAKARTA (JP): About 400 junior high school students in national dress or uniform were disappointed yesterday after their guest of honor, Egyptian Minister of Education Hussein Kamel Bahaa Eldin, failed to show up.

Asian countries are masters of their regional security

Asian countries are masters of their regional securityBy Eiichi Furukawa TOKYO (JP): In 1993, the World Bank published a report called "The East Asian Miracle", which predicted that East Asian countries would achieve spectacular economic growth in the next 20 years or so.