Indonesian Political, Business & Finance News

Archive: 3 June 1997

55 articles found

Security officers withdrawn from the city starting today

Security officers withdrawn from the city starting today JAKARTA (JP): Security officers, who were deployed in the capital as a safeguard to the election in the city last week, will start being withdrawn today, said Jakarta Military Commander Maj. Gen. Sutiyoso.

One million homes to get solar power generators

One million homes to get solar power generators JAKARTA (JP): President Soeharto launched a project yesterday to provide solar power to one million homes in remote areas in the next five years."Electricity is an absolute need of an advanced society," Soeharto said.

Emirates flies B777 to RI

Emirates flies B777 to RI JAKARTA (JP): Emirates, the United Arab Emirates flag carrier, began using Boeing B777 aircraft on its Dubai-Singapore-Jakarta route on Sunday.The airlines said yesterday that the jets would ply three of Emirates's four weekly services to Jakarta via Singapore.

Poll teaches bad lesson, says PPP

Poll teaches bad lesson, says PPP JAKARTA (JP): The Moslem-based United Development Party (PPP) says this election serves bad political education to the people because it has been riddled with vote rigging and cheating.PPP deputy chairman Jusuf Syakir said the party had found that "99.

PDI may quit House after election defeat

PDI may quit House after election defeat JAKARTA (JP): The Indonesian Democratic Party (PDI) may be forced to relinquish the House of Representatives seats it won last Thursday if it does not make the minimum representation of eleven seats.

Men sacked for scrutineering

Men sacked for scrutineering PURWOREJO, Central Java: Two men claimed yesterday they had lost their jobs for volunteering to scrutinize for opposition parties.They said their dismissals were unfair because they had been trying to help the election process, and had no idea that their actions would...

Jagorawi murder victim allegedly involved in robbery

Jagorawi murder victim allegedly involved in robbery BOGOR (JP): A hearing on the Jagorawi tollway robbery and murder case yesterday revealed the astonishing possibility that the victim himself could have been involved in the crime.

Customer service or lip service?

Customer service or lip service? On May 20, 1997 I purchased a stove in Medan from Modena (PT Indomo Prima), the Jakarta-based sole distributor of this Italian made product. Upon delivery and installation, we checked and verified that all burners (four hot plates, oven and grill) were in working...

Small businesses and cooperatives

Small businesses and cooperativesFrom Media IndonesiaBillions of rupiah from state-owned enterprises (BUMN) have been channeled in aid of small businesses and cooperatives for many years. We need to evaluate the effectiveness of the aid program. This must be responded to immediately.

Citramobil Nasional cuts Bimantara car prices

Citramobil Nasional cuts Bimantara car prices JAKARTA (JP): PT Citramobil Nasional, a unit of publicly listed PT Bimantara Citra, has slashed its car prices by six percent to capture the growing sedan market.Citramobil president Jongkie D.

German govt honors Soni

German govt honors Soni JAKARTA: The president of the Federal Republic of Germany, Dr. Roman Herzog, has conferred the Order of Merit on State Minister of Agrarian Affairs Soni Harsono.The German embassy said in its statement yesterday the medal and shoulder belt was the highest honor that could be...

Lawyer assaulted in Ujungpandang

Lawyer assaulted in Ujungpandang UJUNGPANDANG, South Sulawesi: Petrus Bala Pattyona, who is representing a defendant in a class action here worth billions of rupiah, was assaulted Saturday.Petrus, of a Jakarta law firm, said he was just about to enter a restaurant after court when a person hit him...

Where to go in Jakarta:

Where to go in Jakarta:Music * Hotel Atlet Century Park, Jl. Pintu Satu Senayan, Central Jakarta: - Jasmine Lounge: Lucy and Bobby Trio Vocal, Monday, Friday, at 8 p.m. to midnight, Sunday, at 7 p.m. to 11 p.m., Silvie and Armonia Trio Vocal, Tuesday, Wednesday, Thursday, at 8 p.m. to midnight.

Krakatau Steel to raise output to 7.5 million tons

Krakatau Steel to raise output to 7.5 million tons JAKARTA (JP): State-owned steel manufacturer PT Krakatau Steel plans to increase its annual production to 7.5 million tons by 2001 from 2.6 million tons at present, a company executive said yesterday.

RP urges closer Spratly links

RP urges closer Spratly links MANILA (AFP): The Philippines has proposed an exchange of visits with China to military garrisons the two nations maintain on disputed South China Sea islands, a Philippine official said yesterday.

Soeharto wants intellectuals to find reasons for riots

Soeharto wants intellectuals to find reasons for riots JAKARTA (JP): President Soeharto has called on intellectuals affiliated with the Association of Indonesian Moslem Intellectuals and other institutions to study the election- related riots and determine why they happened.

Globalization boosts democracy

Globalization boosts democracyBy Aleksius Jemadu BANDUNG (JP): The survival of our nation-state is facing great challenges today. The recent riots that broke out in several places shook the foundation of this nation.

Bank of Thailand fights baht speculators

Bank of Thailand fights baht speculators BANGKOK (AFP): Thailand's central bank has renewed a request for commercial banks here to avoid offshore baht loans in a bid to ward off further speculative attacks on the currency, an official said yesterday.

Nine-year jail sought for activist

Nine-year jail sought for activist JAKARTA (JP): A prosecutor has demanded a nine-year jail sentence for Democratic People's Party (PRD) activist, I Gusti Agung Anom Astika, who is accused of undermining the state ideology Pancasila.

Hartono takes over post of Army deputy chief

Hartono takes over post of Army deputy chief JAKARTA (JP): Army Chief of Staff Gen. R. Hartono has just taken over the post of Army deputy chief because Let. Gen. F.X. Soedjasmin reached the mandatory retirement age last week, Army spokesman Brig. Gen. Robik Mukav said yesterday.

The chief ain't bulletproof

The chief ain't bulletproof CIREBON, West Java (JP): A village chief bragged to police over the weekend that he was bulletproof and his claim was immediately tested.An officer shot him. The Tugu Lor village chief, Suhandi, is now recovering from bullet wounds to the hand and foot.

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 Economic News: Lintas Ekonomi 4:00 Regional News 4:30 Science and Technology Film 5:00 English Lessons 5:25 Variety Show:...

ASEAN's right to invite playboy to the party

ASEAN's right to invite playboy to the party "Even a playboy can become a good husband after his marriage, with the family's help." Thai Foreign Minister Prachuab Chaiyasan's unusual analogy helps to explain why the Association of Southeast Asian Nations (ASEAN) has decided to admit Burma to the...

Gajah Tunggal to build $500m caprolactam plant

Gajah Tunggal to build $500m caprolactam plant JAKARTA (JP): Gajah Tunggal group has signed an agreement with Lurgi of Germany and Samsung Engineering Company of South Korea to set up a caprolactam plant with US$500 million investment.

Indonesia wins dragon boat race

Indonesia wins dragon boat race JAKARTA (JP): Indonesia won the Penang International Dragon Boat Invitational after beating ten countries in Malaysia on Sunday.The Indonesia team consisted of rowers being groomed for the 19th Southeast Asian Games.

Home stays in North Jakarta

Home stays in North Jakarta JAKARTA (JP): The North Jakarta mayoralty has asked several families around the Sunda Kelapa port area in North Jakarta to participate in home stays for tourists."Tourists are fed up with staying at hotels," Mayor Suprawito said Sunday.

Resort Bali number one in SE Asia

Resort Bali number one in SE Asia JAKARTA (JP): The United States' Gourmet magazine has named the Four Seasons Resort Bali in Jimbaran bay one of the top 25 hotels around the world and the Southeast Asian winner.

RI housekeeper in U.S. wins labor case

RI housekeeper in U.S. wins labor case LOS ANGELES (AP): An Indonesian, who worked without travel documents as a live-in housekeeper for a Californian couple, was awarded US$47,827 yesterday in a lawsuit claiming she had been exploited by her employers.

Jakarta to hold Great Sales in anniversary celebration

Jakarta to hold Great Sales in anniversary celebration JAKARTA (JP): The city plans to hold the "Jakarta Great Sales '97" as part of 500 events in celebration of the capital's 470th anniversary on June 22.

Results of the 1997 General Election for the City Council (Provisional)

Results of the 1997 General Election for the City Council (Provisional) Total registered voters : 7,453,416 Overseas voters : 1,781,614 Jakarta voters : 5,671,802 Total votes as of Monday 2:20 p.m. Western Indonesian Time:PPP : 2,138,639 (38.20%)GOLKAR : 3,348,826 (59.82%)PDI : 109,880 ( 1.

Internet site

Internet site Your special section on the Internet in Indonesia (Sunday, May 25) provided interesting and useful information to Internet users in the country. Your list of websites was especially helpful. I would like to suggest that your readers might also be interested in the U.S.

Dharmala Agrifood sees drop in profit

Dharmala Agrifood sees drop in profit JAKARTA (JP): Publicly listed PT Dharmala Agrifood expects a 39 percent decline in net profit this year to Rp 11 billion (US$4.58 million) from Rp 18.2 billion in 1996.

Kosgoro told to drop lawsuit against Jagata

Kosgoro told to drop lawsuit against Jagata JAKARTA (JP): Golkar-affiliated Kosgoro yesterday called on its business arm PT Kosgoro to cancel its law suit against PT Jagata Primabumi and settle a Bank Arta Prima dispute through Bank Indonesia.Kosgoro chairman Bambang W.

Supreme Court clears 659 cases

Supreme Court clears 659 cases JAKARTA (JP): The Supreme Court, swamped by a huge backlog of litigation cases, heard 659 cases in April despite being understaffed.Chief Justice Sarwata told a press conference yesterday he was hopeful the number of cases completed by the Supreme Court's 17 judges...

Tension rises in Sampang as revote plan rejected

Tension rises in Sampang as revote plan rejectedBy Ainur Sophiaan SAMPANG, East Java (JP): Tension increased here yesterday when United Development Party (PPP) officials, backed by Moslem ulemas, rejected a government plan to repeat voting tomorrow in 86 polling stations.

ASEAN snub West's call to keep out Myanmar

ASEAN snub West's call to keep out MyanmarBy Nick Cumming-Bruce BANGKOK: The Association of Southeast Asian Nations (ASEAN), left more determined than deterred by Western disapproval, is going ahead with plans to admit Myanmar as a full member in July along with strife-torn Cambodia and the tiny,...

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 2, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 1,275 -100 206,500 AHAP Insurance 2,675 0 0 Alter Abadi 1,150 0 0 Alumindo Light Metal 1,100 -50 524,500...

Serang residents seek gifts for voting Golkar

Serang residents seek gifts for voting Golkar SERANG, West Java (JP): Now that Golkar's landslide victory is a forgone conclusion, regent Sukron Roshadi is a captive of his election promises to give away goats, water buffaloes and motorbikes.

Police attackers admit guilt

Police attackers admit guilt DILI, East Timor: Three men believed to be involved in the recent ambush on a police mobile brigade in Bairro Pite village, west of Dili, admitted the guilt and said they were acting under the instruction of a certain Julio, a former pier worker here.

RI's red tape must be cut despite 'big rating hike'

RI's red tape must be cut despite 'big rating hike' JAKARTA (JP): The Indonesian Chamber of Commerce and Industry (Kadin) asked the government yesterday to further cut red tape to improve economic efficiency, despite a big improvement in the country's competitiveness rating.

MAS to review dollar futures

MAS to review dollar futures SINGAPORE (Reuter): The Monetary Authority of Singapore (MAS) said yesterday it would review futures contracts based on the Singapore dollar for their relevance, usefulness and potential adverse ramifications.

11.92% Jakartans did not vote: Election Committee

11.92% Jakartans did not vote: Election Committee JAKARTA (JP): The City Election Committee estimated that 11.92 percent, or 676,640 Jakartans, did not vote in the May 29 general election, the committee's secretary said yesterday.

BI fraud trial postponed

BI fraud trial postponed JAKARTA (JP): The Bank Indonesia (BI) fraud trial adjourned yesterday at Central Jakarta District Court because the prosecutor was not ready with his sentence request.Nawam Kawi, Roy Indra Kusnohadi and Andi Muis are charged with defrauding the central bank of Rp 7 billion...

Exhibition on games for children

Exhibition on games for children JAKARTA (JP): An exhibition on games and rides for children will open June 6 at the Jakarta Convention Center. The event, which runs until June 8, will be opened by Director General of Tourism Andi Mappisammeng.

A bigger ASEAN

A bigger ASEAN ASEAN's 30th anniversary will be marked in Kuala Lumpur next month with a historical event: the admission of three new members, Myanmar, Laos and Cambodia. The decision puts an end to the question regarding ASEAN's affinity in the face of external pressures, in particular from the...

117 students arrested on graduation day

117 students arrested on graduation day JAKARTA (JP): Laughter, tears and even brawls, which led to the arrest of 117 students, colored graduation day of senior high school students here yesterday.One of the brawls occurred on Jl.

National basketball team cannot play in Kobatama

National basketball team cannot play in Kobatama JAKARTA (JP): Basketballers being groomed for the 19th Southeast Asian (SEA) Games will not be allowed to compete in the national basketball league competition -- Kobatama -- which starts in Surabaya next week.

Washington regrets ASEAN decision to accept Myanmar

Washington regrets ASEAN decision to accept Myanmar WASHINGTON (Agencies): The United States said Sunday it regretted the decision by Southeast Asian states to invite Myanmar to join their regional grouping.

Police told to step up fight against crime

Police told to step up fight against crime SINGAPORE (AFP): Police officials from the Association of Southeast Asian Nations (ASEAN) were urged yesterday to intensify cooperation against cross-border crime as the seven-nation group prepared for a major expansion.

Bank Mashill rated the country's best bank by 'InfoBank'

Bank Mashill rated the country's best bank by 'InfoBank' JAKARTA (JP): Bank Mashill, Bank ANZ Panin and Bank Hanil Tamara are the countries' best large, medium and small banks respectively according to InfoBank magazine.The ratings were announced yesterday.

Residents fear for mosque

Residents fear for mosque JAKARTA (JP): Residents in Mampang Prapatan, South Jakarta said they hoped a historic mosque would not have to give way to a high-rise building project.Pos Kota daily reported yesterday that the Wisma Mulia project has already been threatening the mosque, built in 1930,...

Kobatin to extend tin mining contract

Kobatin to extend tin mining contract JAKARTA (JP): PT Kobatin is seeking to extend its tin mining contract with state-owned PT Tambang Timah on Bangka island through 2007.Company president Dick Peterson said in Palembang yesterday that the current contract ended in 2003.

Sigit/Chandra victory saves RI in World Championship

Sigit/Chandra victory saves RI in World Championship JAKARTA (JP): Indonesia's last hope, Sigit Budiarto and Candra Wijaya, proved they were the best duo in the world after winning the men's doubles at the World Championship at the Scotstoun Leasure Center in Glasgow on Sunday.

Rare mammals found in Irian

Rare mammals found in Irian MANOKWARI, Irian Jaya: The Worldwide Fund for Nature has found a rare species of mammal believed to be native to the province.Antara reported that Ronald Petocz of the United States said the mammal that he had identified as neophascogale lorentzii had been found in large...

SE Asian rubber prices climb up on better demand

SE Asian rubber prices climb up on better demand SINGAPORE (Reuter): Southeast Asian rubber prices, bedeviled for weeks by poor consumption, are seen edging up on the back of fresh demand expected to come in ahead of the summer holiday season, regional dealers said yesterday.