Indonesian Political, Business & Finance News

Archive: 4 June 1997

61 articles found

Spotlight

SpotlightPhoto A: WeddingJP/arhLASTING PARTNERSHIP: Ibnu Sutowo (right), a former chairman of the Indonesian Red Cross, congratulates businessman Sukamdani S. Gitosardjono. Sukamdani and his wife Juliah (second left) celebrated their 44th wedding anniversary at Hotel Sahid Jaya in Jakarta last...

Big sale in Yogyakarta

Big sale in Yogyakarta YOGYAKARTA: Many hotels and malls here are giving discounts of between 10 percent and 60 percent this month, Mayor R.H. Widagdo said yesterday."The month-long discount marks the 50th anniversary of Yogyakarta which falls on June 7," he said.

Public urged to give input on next governor

Public urged to give input on next governor JAKARTA (JP): The Jakarta City Council urged the public yesterday to give input to the selection of candidates for the next governor.Council speaker M.H. Ritonga said that Jakartans could propose candidates to the council through its factions or directly...

Voter turnout

Voter turnout I am truly amazed by the high voter turnout of almost 90 percent which, according to the Minister of Information, reflects the quality of people's political awareness.In comparison, countries considered more advanced than ours, such as France and the U.S.

Foreign airlines withdrawal won't affect tourism: Haryanto

Foreign airlines withdrawal won't affect tourism: Haryanto JAKARTA (JP): The Minister of Transportation Haryanto Dhanutirto said here yesterday Indonesia's tourism and aviation industries would not be hurt if some international airline companies quit their services to Denpasar, Bali.

Padang builds palm oil plant

Padang builds palm oil plant JAKARTA (JP): PT Inti Usaha Padang, a join venture between PT Tidar Kerinci Agung, PT Famili Raya and a Singaporean plantation company, is building a palm oil plant with US$50 million in Padang, West Sumatra.A company director, Jojo H.C.

How to manage Indonesia

How to manage Indonesia If Indonesians know their rights and obligations, are tolerant and law-abiding, then I think running this country would not be a difficult job.Let us examine why it would not be difficult.

RP and China decrease heat

RP and China decrease heat MANILA (AFP): The Philippines and China have agreed to ease tension in their dispute over portions of the South China Sea, Philippine Foreign Secretary Domingo Siazon said here yesterday.

Bakrie sets up capital firm

Bakrie sets up capital firm JAKARTA (JP): The Bakrie Group has formed a venture capital company, PT Bakrie Modal Ventura, to support its small and medium business and cooperatives assistance program.Bakrie Group's president, Tanri Abeng, said Monday that Bakrie Modal Ventura would be supported by...

TV today

TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Family's Film: Road to Avonlea 3:10 Children's Program: Anak-Anak Indonesia 3:35 Talk Show: Kotak Pos 4:00 Regional News 4:30 Education Quiz: Cepat Tepat 5:10 TV Series: Topacio 5:55 Music 6:00 News: Lintasan Berita 6:05...

Pacific Rim growth poised to recover

Pacific Rim growth poised to recover SINGAPORE (AFP): Most Pacific Rim economies are poised for a sustainable economic recovery marked by low inflation in the next two years after growth slowed in 1996, a leading regional think- tank said here yesterday.

Soldiers work to build mutual trust with tribes people

Soldiers work to build mutual trust with tribes people YETTI, Jayapura (JP): "Esther, what is that you're carrying?"The little girl beams in response as her inquirer walks past her.It may be simple question, but it is a meaningful one when posed by a company commander in this remote area of Irian...

Police chief pays his condolences

Police chief pays his condolences DILI: National Police Chief Lt. Gen. Dibyo Widodo paid a surprise visit here yesterday to console the families of the Baucau ambush victims.Widodo was met at Comoro airport by East Timor Vice Governor Johanes Hariwibowo, local police chief Col.

Bank Rama expects net profit increase

Bank Rama expects net profit increase JAKARTA (JP): Publicly listed Bank Rama expects a net profit increase of between 10 percent and 20 percent this year to between Rp 26 billion (US$10.83 million) and Rp 29 billion, the bank's president said.

Economic stability

Economic stability It should have been a surprise to big speculators to find out that the Indonesian financial market had not been jolted by wild fluctuations during the violence-marred election campaign.

Govt offices to be obliged to buy Timor cars

Govt offices to be obliged to buy Timor cars JAKARTA (JP): Minister of Industry and Trade Tunky Ariwibowo hinted yesterday that government offices and state firms would soon have to buy Timor sedans to prop up the national car's slumping sales.

ASEAN to promote positive developments with Myanmar

ASEAN to promote positive developments with Myanmar JAKARTA (JP): The Association of Southeast Asian Nations' secretary-general pledged yesterday that the organization would hold frank and open talks to promote positive developments with Myanmar when it joins the grouping in July.

Bakrie to launch multipurpose vans in December

Bakrie to launch multipurpose vans in December JAKARTA (JP): PT Bakrie Motor of the Bakrie Group plans to launch its own multi-purpose vans in December, the group chairman said yesterday.Aburizal Bakrie said the vans would have no less than 40 percent local content in the first year of production.

New ASEAN states looking to join AFTA

New ASEAN states looking to join AFTA JAKARTA (JP): Cambodia, Laos and Myanmar are to submit their inclusion list of products for the Common Effective Preferential Tariffs (CEPT) scheme when they are admitted into the Association of Southeast Asian Nations (ASEAN) in July.

Artist insulted

Artist insultedFrom KompasThe blossoming of local TV films (sinetron) on private channels has viewers nailed to their seats in admiration of their favorite stars. Viewers are captivated by the extraordinary blend of emotion and action.

Poor to get mobile training units

Poor to get mobile training units JAKARTA (JP): President Soeharto launched a mobile vocational training program yesterday to help people in impoverished areas create jobs for themselves.The Ministry of Manpower has provided 370 vans as mobile training units for the 1997/1998 fiscal year to train a...

PDI split on controversial House exit plan

PDI split on controversial House exit plan JAKARTA (JP): The government-recognized leadership of the Indonesian Democratic Party (PDI) was split yesterday on a controversial plan to relinquish its House of Representatives seats won in last Thursday's general election.

S'pore seen remaining as ship repair center

S'pore seen remaining as ship repair center SINGAPORE (Reuter): Takeshi Tenjin, the executive chairman of Hitachi Zosen Singapore Ltd, said he was confident geography and infrastructure would ensure Singapore's role as key ship repair center, especially for tankers.

Telkom rates

Telkom rates I wrote recently to commend The Jakarta Post on the "vastly improved" quality of its writing (May 31, 1997), but ironically you mangled my letter by rewording parts and inserting and deleting at will.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on June 03, 1997: Share Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 1,325 50 174,000 AHAP Insurance 2,675 0 0 Alter Abadi 1,150 0 0 Alumindo Light Metal 1,125 25 381,500...

Two arrested for robbery attempt

Two arrested for robbery attempt JAKARTA (JP): Police arrested two of three men yesterday for a robbery attempt of three employees from the Ministry of Public Works in South Jakarta.On Monday the employees of the Directorate General of Human Settlements had just withdrawn Rp 42 million (US$17,500)...

Soeharto to attend Islamic nations summit

Soeharto to attend Islamic nations summit JAKARTA (JP): President Soeharto is to attend the first summit of eight predominantly Islamic developing countries, known as the D-8, in Turkey on June 15, Minister/State Secretary Moerdiono announced yesterday.

Court can't review laws, says Oetojo

Court can't review laws, says Oetojo JAKARTA (JP): The Supreme Court does not have the authority to examine the constitutionality of laws, Minister of Justice Oetojo Oesman said yesterday."Laws are created by people and the government.

Irianese endure hardship to cast their votes

Irianese endure hardship to cast their votesText by Lela E. Madjiah and photos by Mulkan Salmona They cover long distances, many carrying toddlers and babies, tramping through dense, tropical jungles and across vast swamps, all to cast their ballots.

Election official found dead

Election official found dead JAKARTA (JP): An election official reported missing from a polling station in Pelabuhanratu, West Java, last Thursday was found dead at about 5 p.m. Monday, police said yesterday.

W. Java town calm after riot, shops remain closed

W. Java town calm after riot, shops remain closed JAKARTA (JP): The West Java town of Kadipaten, about 150 kilometers southeast of here, was calm yesterday as many shops remained closed following a riot Sunday and early Monday.West Java police spokesman Lt. Col.

Nickel prices shoot up in Asia

Nickel prices shoot up in Asia SINGAPORE (Reuter): Nickel prices shot up in Asian trade yesterday to US$7,215/20 at 0225 GMT after three-month metal closed on the London Metal Exchange (LME) on Monday at $7,025 on news workers at Inco Ltd.'s Sudbury nickel smelter in Canada have voted to strike.

Man arrested for kidnapping

Man arrested for kidnapping JAKARTA (JP): Police arrested a man Monday for kidnapping his former employer's five-year-old son on Jl. Raden Inten, in Duren Sawit, East Jakarta.City Police Spokesman Lt. Col. E.

Banjarnegara PDI protests over poll

Banjarnegara PDI protests over poll BANJARNEGARA, Central Java: The Indonesian Democratic Party (PDI) plans to withdraw its victorious candidate from the local legislative council here in protest at alleged vote-rigging.

Companies employing youth get incentives

Companies employing youth get incentives JAKARTA (JP): Several provincial administrations are now giving incentives to companies in industrial estates which employ and offer part-ownership to young people.

Aceh 'Gurita' trials adjourned again

Aceh 'Gurita' trials adjourned again JAKARTA (JP): The trials of two men over the ferry accident near Aceh that led to 338 deaths in January 1996 were adjourned again on Monday because the public prosecutors could not produce their witnesses, Antara reported yesterday.

Sampang revoting to go on despite PPP protests

Sampang revoting to go on despite PPP protests SURABAYA (JP): Today's election rerun in 86 polling stations in Sampang regency on Madura island will be valid even if the United Development Party (PPP) decides not to send any of its scrutineers, East Java Governor Basofi Soedirman said yesterday.

Where to go in Jakarta:

Where to go in Jakarta:Music * Omni Batavia Hotel, Jl. Kali Besar Barat 44-46, West Jakarta: - Brown Bar: Eksis Band, every Saturday, 9 p.m. to 1 a.m. - Spice Market Restaurant: El Rithana Grup, Monday, Wednesday, Friday, 7 p.m. to 10.30 p.m.

Rubber producers call for one export gateway

Rubber producers call for one export gateway JAKARTA (JP): The Indonesian Association of Rubber Producers (Gapkindo) called yesterday for only "one gateway" to be used to market rubber overseas.Gapkindo's chairman for Jakarta and other Java areas, Nur Nungkat, said having only one way of channeling...

Charity night planned for Koran contest

Charity night planned for Koran contest JAKARTA (JP): The committee of a Koran-reading contest will hold a fund-raising night at the Grand Melia hotel here Thursday.Lily Abdurrachman Sayoeti, the head of the organizing committee, said Monday the Rp 4.5 billion (US$1.

RI shipping at its worst condition

RI shipping at its worst condition JAKARTA (JP): Indonesian shipping companies's share of the country's international cargo market has plummeted to an all-time low of 3.4 percent, the Indonesian Maritime Technology Association's chairman said yesterday.

City waits for overseas votes

City waits for overseas votes JAKARTA (JP): The City Election Committee said it has received ballots from 108 overseas cities but is still waiting for mailed- in votes from Jakarta residents abroad.The committee has so far received 816,150 Jakarta City Council votes from overseas voters, up from...

Input for soccer

Input for soccerFrom KompasI am very concerned about the development of soccer in this country. Indonesia's soccer performance has been very low in Asia, let alone in the rest of the world.I am aware that in the past Indonesian soccer achieved a brilliant success in Asia.

Perumka asked to further improve railway service

Perumka asked to further improve railway service JAKARTA (JP): Minister of Transportation Haryanto Dhanutirto urged state-owned railway company Perumka yesterday to further improve the quality of its services in order to cater to middle- income people in Greater Jakarta.

S'pore dependence on Malaysia queried

S'pore dependence on Malaysia queried SINGAPORE (Reuter): Singapore members of parliament, leaping into a long-running row with Kuala Lumpur, urged the government yesterday to redouble efforts to reduce their country's heavy dependence on Malaysian water.

IFC invests in PT Berlian

IFC invests in PT Berlian WASHINGTON (AFP): A World Bank group financing private sector projects in developing countries on Monday said it had approved a US$42 million investment in an Indonesia shipping firm.

Vietnamese CEO found murdered

Vietnamese CEO found murdered HANOI (DPA): Vietnamese police said Monday that they now suspect a company executive found dead this weekend was murdered and that he was the key middleman between a state bank and an embattled private conglomerate, according to local press reports.

Megawati loyalists shave their heads

Megawati loyalists shave their heads KEBUMEN, Central Java: The Indonesian Democratic Party's (PDI) election defeat was greeted with joyous laughter and a day-long party by Megawati loyalists in Gombong Monday.The party thrown by activist Rustriningsih peaked in dozens of youths shaving their heads.

National shuttlers arrive without great celebration

National shuttlers arrive without great celebration JAKARTA (JP): No fanfare or big crowd was present and less than 100 people appeared in the VIP Lounge of the Soekarno-Hatta International Airport yesterday to cheer the arrival of new men's double world champion Sigit Budiarto and Chandra Wijaya.

Officers rebute testimony in Tanah Abang case

Officers rebute testimony in Tanah Abang case JAKARTA (JP): Five police officers, who testified at the trial of the Tanah Abang riot case, contradicted yesterday their own statements in dossiers submitted by police interrogators, lawyers said.

Govt to launch campaign to protect kids

Govt to launch campaign to protect kids JAKARTA (JP): The government plans to launch a national movement next month to protect children, Minister of Social Services Inten Soeweno said yesterday.She told reporters after the first plenary meeting to discuss the campaign that the responsibility for...

Indri gets Rp 10m from Wismoyo

Indri gets Rp 10m from Wismoyo JAKARTA (JP): Indonesia's Sri Indriyani, who retained her title at the Junior Weightlifting World Championship in Capetown last week, received a Rp 10 million (US$4,100) savings account from National Sports Council chairman Wismoyo Arismunandar yesterday.

Italy boosts ties with RI

Italy boosts ties with RI JAKARTA (JP): A delegation of 27 Italian companies will visit Indonesia from June 11 to June 14 to strengthen bilateral trade relations, the Italian trade commission said here yesterday.

RI rebukes U.S. for poll remarks

RI rebukes U.S. for poll remarks JAKARTA (JP): Minister of Foreign Affairs Ali Alatas rebuked the U.S. State Department yesterday for its remarks about the Indonesian general election, calling them "inappropriate"."I've read the statement by the U.S.

Witness wants arresting police officers tried

Witness wants arresting police officers tried BOGOR (JP): A businessman who testified in the Jagorawi robbery and murder case demanded that police who arrested him for another case be brought to court.Idfiel Jaya Anwar demanded that Bogor police pay him Rp 1 million in compensation and restore his...

Prosecutor engineering the trial: Defendant

Prosecutor engineering the trial: Defendant JAKARTA (JP): Eng San alias Hasan, a defendant at a murder trial in North Jakarta District Court, has said that prosecutor Andhi Nirwanto engineered the trial, where Eng San was the main suspect, to make him look guilty.

Two foreigners to be tried for passport forgery

Two foreigners to be tried for passport forgery JAKARTA (JP): A Malaysian woman and Chinese man will be tried for the forgery of two Indonesian passports, which were to be used to seek work in Japan, an immigration official said.

Citibank best foreign bank

Citibank best foreign bank JAKARTA (JP): United States' Citibank has been named best foreign commercial bank in Indonesia by Finance Asia magazine in its country Achievement Awards.The magazine described Citibank's penetration into the Indonesian market as impressive.

Why do violence incidents occur?

Why do violence incidents occur?By Makmur Keliat SURABAYA (JP): The recent election campaign, which has been marred by violence, has shattered the limbo of political stability in Indonesia. Of great significance is the Banjarmasin tragedy that claimed 123 lives.

Man gets 6 months for stoning officer

Man gets 6 months for stoning officer DILI: The district court here sentenced a man to six and half months in jail for assaulting a security officer last Christmas eve.Claudino Gutteres, aged 20, was the first of 16 people to be tried for their involvement in the Dec. 24 riot.

Is PM Mahathir gradually handing over power?

Is PM Mahathir gradually handing over power?By Juergen Dauth SINGAPORE (DPA): Malaysia's Prime Minister Mahathir Mohamad is giving himself a break. After 17 years in office, his designated successor Anwar Ibrahim is being handed the reins of power for two months.