Indonesian Political, Business & Finance News

Archive: 9 June 1997

51 articles found

Environment

Environment Along with all the mutual backslapping and self congratulating on International Environment Day it is sobering to note that according to the World Watch Institute (Vol 10/2/March, April 1997), the amount received in 1990 for timber concessions sold to wealthy timber tycoons close to the...

Ads spending may reach Rp 5 trillion

Ads spending may reach Rp 5 trillion JAKARTA (JP): Indonesia's growing consumer trend is expected to boost advertisement spending to almost Rp 5 trillion (US$ 2.05 billion) this year, up 20 percent from Rp 4.14 trillion last year, an advertising executive has predicted.

CN-235, N-250 in Paris show

CN-235, N-250 in Paris show JAKARTA (JP): State-owned airplane maker PT IPTN will again take part in the prestigious Paris Air Show, which will be held in Le Bourget, Paris, France, from June 14 to June 22.

ICMI to set up team to study riots

ICMI to set up team to study riots SURABAYA (JP): The Association of Indonesian Moslem Intellectuals, under President Soeharto's instruction, is setting up a team to study campaign-related riots.The association's secretary-general, Adi Sasono, said here over the weekend the organization is still...

Environmental expo a success

Environmental expo a success JAKARTA (JP): Participants and visitors to the Environment Expo 1997, which concluded yesterday, agreed the event was beneficial and should be held again soon.Opened last Thursday by the State Minister for Environment Sarwono Kusumaatmadja and coinciding with...

Placer Domer committed to strengthening ties

Placer Domer committed to strengthening ties Placer Dome Inc. is an eminent gold mining company with worldwide interests that encompass significant commercial links with Indonesia.The company has proven its long-term commitment to investment in the area through continued exploration and business...

IABC represents private sector interests

IABC represents private sector interests The Indonesia-Australia Business Council (IABC), established in 1989, is recognized as the body which represents private- sector interests in commercial relations between Indonesia and Australia.

Soerjadi vs political scientists

Soerjadi vs political scientistsBy Ikrar Nusa Bhakti JAKARTA (JP): When Megawati Soekarnoputri was elected as leader of the Indonesian Democratic Party (PDI) at the Extraordinary Congress in Surabaya in December 1993, and her election was recognized by the government in January 1994, many...

Singaporean Goh visits Philippines

Singaporean Goh visits Philippines MANILA (DPA): Singaporean Prime Minister Goh Chok Tong is set to arrive in the Philippines today for a three-day state visit aimed at reinvigorating bilateral ties which had been strained in 1995 due to the hanging of a Filipino overseas worker for murder.

Urban agriculture needs more attention: Expert

Urban agriculture needs more attention: Expert BOGOR (JP): Rector of the Bogor Institute of Agriculture (IPB) Soleh Solahuddin said here Saturday it is time to pay more attention to the development of urban agriculture in big cities.

No trial by the press in Indonesia, says expert

No trial by the press in Indonesia, says expert JAKARTA (JP): Judges' verdicts are often influenced by economics or pressure from authorities but not by the press, legal experts said yesterday.Luhut M.P Pangaribuan, director of the Jakarta Legal Aid Institute, said the term, "trial by press," only...

Iki Indah Kabel profits

Iki Indah Kabel profits JAKARTA (JP): Cable producer PT Iki Indah Kabel Indonesia made a Rp 1.98 billion (US$811,220) profit in 1996 after suffering a Rp 5.8 billion loss in 1995.Kenji Murata said Friday after the company's extraordinary shareholders' meeting here that the firm's sales declined to...

Daily humor

Daily humor Do you want to start the day with a smile? I strongly urge you to read the Jakarta Post every morning. Where else can you find the news that a person is "the mother of two sons, one daughter, and 100 orangutans?" (June 6, 1997, page 1).

City simplifies tax collection system

City simplifies tax collection system JAKARTA (JP): The city administration has simplified procedures for tax collection by giving authority to mayoralties and districts to collect taxes.The hand over of collection authority from city offices to mayoralties and districts was intended to make tax...

In memory of Michael J. de Guzman

In memory of Michael J. de Guzman All odds are against former Busang chief Michael J. de Guzman, as the preliminary investigation results on the Busang scam focus on the presumed "salting". Mike's subordinates during the cross- examinations have focused on De Guzman's responsibilities.

Imelda Marcos claims poverty

Imelda Marcos claims poverty MANILA (AFP): The Philippine congress will investigate Imelda Marcos' claim to be the poorest member of parliament after doubts over her stated finances, legislators said yesterday.

Bali's giant statue project begins

Bali's giant statue project beginsBy Pandaya DENPASAR (JP): The construction of a 140-meter tall monument worth Rp 200 billion (US$83 million) has begun on the holiday island of Bali, a bold move expected to boost tourism in the coming century.

Senior Citizens' Day celebrated

Senior Citizens' Day celebrated JAKARTA: President Soeharto called on the community yesterday to draw up various programs to solve problems faced by senior citizens in the country."The increase in the number of senior citizens makes us happy but, on the other hand, it poses a new challenge that...

PDI yet to decide stance on election results

PDI yet to decide stance on election results JAKARTA (JP): The Indonesian Democratic Party (PDI) maintained over the weekend its threat to reject general election results in protest of alleged violations.

'Austenergy Directory' useful for int'l buyers

'Austenergy Directory' useful for int'l buyers The importation of goods and technology from Australian companies over the past few years has grown dramatically. With Indonesians expecting higher standards and better quality products, Australia is gaining opportunities to enter the Indonesian...

Four suspected rebels held for burning a Dili market

Four suspected rebels held for burning a Dili market DILI, East Timor (JP): Four of six suspected separatist rebels have been arrested for allegedly setting fire to hundreds of kiosks at the Old Mercado Market here Saturday afternoon.East Timor Police Chief Col.

Police women harassed

Police women harassed BANDUNG: Chief of the West Java military command Maj. Gen. Tayo Tarmadi deplored campaign violence suffered by many people, including female police officers who were harassed in political rallies.

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 U.S. jets.

Development tax may be imposed in Riau

Development tax may be imposed in Riau JAKARTA (JP): The government may impose a 10 percent development tax on hotels and restaurants in Riau province to support tourism, a minister said yesterday.The minister of tourism, post and telecommunications, Joop Ave, said imposing the 10 percent tax in...

Police seize assets of Bank Arta suspect

Police seize assets of Bank Arta suspect JAKARTA (JP): Police have seized assets of Kim Johanes Mulia, a suspect in Bank Arta Prima's Rp 1.2 trillion promissory notes scandal.The chief of the city police detectives, Col.

WTO set to create panel in car row

WTO set to create panel in car row GENEVA (Reuter): The World Trade Organization (WTO) appears set to create a dispute panel sought by the European Union and Japan on Indonesia's controversial "national car" policy, diplomats said Friday.

Lawyer protests judge's remark

Lawyer protests judge's remark JAKARTA (JP): A lawyer has sent a letter of protest to the city chapter of the Indonesian Bar Association over a judge's remark in court.Henry Yosodiningrat, one of the lawyers representing Zarina, who was sentenced to jail Thursday for possession of Ecstasy, said...

Iedfil demands his name be cleared

Iedfil demands his name be cleared BOGOR (JP): The Bogor District Court Saturday continued the pretrial of Iedfil Jaya Anwar, who filed a law suit against the Bogor regional police office.Iedfil accused the police of illegally arresting him following his appearance in court on May 21, as a witness...

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.

Jakartans lack awareness on how to keep city clean

Jakartans lack awareness on how to keep city clean JAKARTA (JP): Public participation in sanitation was the most important factor in the city's five mayoralties receiving Adipura awards, the city environment bureau's head, Aboejoewono Aboeprajitno, said Saturday.

Govt to hold preseminar on Sukarno soon

Govt to hold preseminar on Sukarno soon JAKARTA (JP): The government has again taken up its controversial plan to hold a seminar on the impeachment of Indonesia's first president Sukarno.State Minister of Youth Affairs and Sports Hayono Isman, who initiated the plan and later put it on hold for...

Talking Japanese

Talking JapaneseFrom KompasI recall when Japan launched a protest against Indonesia's national car policy, the Minister of Industry Tunky Ariwibowo explained the matter to Japan, and then Japan seemed to understand the Indonesian government's ruling.

Mashill, Brussels Lambert form alliance

Mashill, Brussels Lambert form alliance JAKARTA (JP): Bank Mashill announced Saturday that Bank Brussels Lambert (BBL) of Belgium has bought a 10 percent stake of its outstanding shares from the public.

Timor sedan

Timor sedan On page 1 of The Jakarta Post on June 5, 1997, I read that as of the 1997/1998 fiscal year all government institutions that plan to buy sedans must choose Timors. As an Indonesian I am very supportive of this idea even though it seems monopolistic.

Fire razes houses in Manggarai

Fire razes houses in Manggarai JAKARTA (JP): Seven shanty houses on Jl. Manggarai Utara in Manggarai, South Jakarta, were destroyed by fire Friday night. Residents said Saturday they hoped the authorities would let them rebuild their homes.

ASEAN 'should rethink interference creed'

ASEAN 'should rethink interference creed' KUALA LUMPUR (Reuter): A newly enlarged ASEAN will find it challenging to keep to its fundamental creed of not interfering in the internal affairs of member states, speakers at an Asia- Pacific conference this weekend said.

Mitsubishi's gas project

Mitsubishi's gas project TOKYO (AFP): Japan's Mitsubishi Oil Co. Ltd. is studying a multi-billion dollar project with Chevron Corp. and Mobil Corp. of the United States to extract natural gas in Papua New Guinea, a report said over the weekend.

Downer to open IABC conference in Bali

Downer to open IABC conference in Bali The Australian Federal Government confirmed last week that the Australian Minister for Foreign Affairs Alexander Downer is to officially open the 24th Indonesia-Australia Business Council (IABC) Conference & Exhibition in Bali.

Civil service tariff increased up to 330%

Civil service tariff increased up to 330% JAKARTA (JP): The municipality has increased the civil administration tariff between 100 and 330 percent, particularly for the service letters of expatriates and notification letters on newcomers.The decision, stipulated in the 1997 municipality decree No.

Threats and allegations

Threats and allegations The board conference held by the Indonesian Democratic Party (PDI) on Tuesday and Wednesday ended with the issuance of a political declaration and a note of protest regarding the implementation of the recent general election.

'Ondel-ondel' to play at Jakarta Fair

'Ondel-ondel' to play at Jakarta Fair JAKARTA (JP): The municipality will hold an ondel-ondel and tanjidor Betawi arts festival at the Jakarta Fair, when it opens on June 14.The city cultural office's chief, Azhari Baedlawi, said Friday that 18 Betawi cultural troupes had confirmed their...

Ciputra Adigraha gets $260m loan

Ciputra Adigraha gets $260m loan JAKARTA (JP): Ciputra Adigraha, through its wholly owned subsidiary Ciputra Adigraha Finance BV, has secured a syndicated loan of US$260 million to support its property projects.

Shoemakers lacking raw materials

Shoemakers lacking raw materials JAKARTA (JP): The minister of industry and trade, Tunky Ariwibowo, said Saturday a lack of raw materials was still a major problem for the footwear industry."The longtime problem of the national footwear industry is the fact that there isn't any integrated upstream...

ASX offers resources expertise

ASX offers resources expertise The Australian Stock Exchange (ASX) will be attending the Indonesia-Australia Business Council (IABC) Annual Conference in Bali from June 15 to June 17. It will be offering its services and the services of the Australian financial services industry more generally, to...

Support pours in for canceled F-16 jet deal

Support pours in for canceled F-16 jet deal JAKARTA (JP): Indonesia's decision to cancel the purchase of United States F-16s and forgo the expanded International Military Education Training (IMET) program, has received resounding support from observers and politicians who see it as a snub against...

Symposium on information

Symposium on information JAKARTA (JP): The Ministry of Tourism, Post and Telecommunications will hold a symposium on the 21st Century's Global Information Society on June 12 in cooperation with the Indonesian Telecommunications Society.

Share prices expected to consolidate: Analysts

Share prices expected to consolidate: Analysts JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) are expected to consolidate this week as most investors would remain mixed, analysts and brokers said.

HK, RI sign air pact

HK, RI sign air pact HONG KONG (AFP): The Hong Kong and Indonesian governments Friday signed an air services agreement to straddle the territory's handover to Chinese rule on July 1.The agreement was signed by Hong Kong Secretary for Economic Services, Stephen Ip, and Indonesian Consul-General Lili...

Consult dentist on teeth whiteners

Consult dentist on teeth whiteners JAKARTA: A professor at the University of Indonesia's school of dentistry said patients need to check with their dentists about the benefits and side effects of teeth whitening products.

Pentium II Processors breaks the 200 MHz barrier

Pentium II Processors breaks the 200 MHz barrierBy Zatni Arbi PENANG, Malaysia (JP): When I first heard about Intel Corp.'s assembly and testing plant in Penang, Malaysia, I couldn't help feeling a little bit disappointed.

Telstra is your Asia-Pacific telecommunications partner

Telstra is your Asia-Pacific telecommunications partner Telecommunications costs are one of the most significant expenses in many companies' income statements. Through its wholly owned Indonesian subsidiary PT Telstra Nusantara, Telstra wants to help companies slash their telecommunications costs...