Indonesian Political, Business & Finance News

Archive: 14 July 1997

54 articles found

PT Dragages gives quality service

PT Dragages gives quality service Meeting customer demand with ever-improving production standards is how best to describe the current track record of PT Dragages Indonesia.The most visible manifestation of this sky-high performance is the recent delivery of four of the 11 towers in the Taman...

Malaysia seen slowing after currency crisis

Malaysia seen slowing after currency crisis KUALA LUMPUR (Reuter): Malaysia's booming economy is expected to slow down in the aftermath of a regional currency crisis that has forced a recent devaluation of the Thai baht and the Philippine peso, economists said.

Share prices on JSX likely under pressure

Share prices on JSX likely under pressure JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) could be under pressure this week as some foreign investors fear that the recent devaluation of the Philippine peso will have a domino effect on the Indonesian rupiah.

Micron Transport Xpe: A road warrior for the professionals

Micron Transport Xpe: A road warrior for the professionalsBy Zatni Arbi JAKARTA (JP): In the past year or so I have reviewed more than half a dozen different notebooks from different price ranges. All of them were great.

Outcry over abuse of workers

Outcry over abuse of workers HANOI (DPA): In a sign of growing discontent over abusive overseas managers the official Lao Dong newspaper launched an attack yesterday against law enforcement agencies over a controversial decision to close a case of alleged labor abuses.

NU official warns of drive to discredit Abdurrahman

NU official warns of drive to discredit Abdurrahman SURABAYA (JP): Attempts to discredit controversial Moslem leader Abdurrahman Wahid are mounting, a Nahdlatul Ulama (NU) executive said over the weekend.

Currency crisis sound death knell for Asian countries

Currency crisis sound death knell for Asian countriesBy Philippe Ries HONG KONG (AFP): The crises knocking Asian currencies mark the end of an era for the emerging countries, and economists foresee serious consequences not only for their economic structures but also for the international monetary...

One killed and 11 missing in ferry sinking off Bintan

One killed and 11 missing in ferry sinking off Bintan JAKARTA (JP): One child died and eleven other passengers are missing after a ferry sank off Bintan Island, in Riau province, Saturday afternoon, an official at Telaga Punggur port on Batam said.

Timor announces it sold 1,250 cars in one night

Timor announces it sold 1,250 cars in one night JAKARTA (JP): PT Timor Distributor Nasional, the distributor of the country's national car, the Timor, sold 1,250 of the sedans in one night at a function it held Friday night, the company announced Saturday.

TV today

TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Cartoon Film: Silvan 3:10 TV Drama: Diantara Kita 3:35 Belief in God the Almighty 4:00 Regional News 4:30 Family's Program: Kesehatan Keluarga 5:00 Indonesian Lessons 5:25 Variety Show: Country Tracks 5:30 Sports: Pencak...

Message from Ambassador of France

Message from Ambassador of France On July 14 -- French National Day --, a crucial moment in our history which has become today a universal heritage, I am very happy to convey a message of friendship to Indonesia and to the Indonesian people on behalf of France and the French people.

Four arrested for forging spare parts

Four arrested for forging spare parts JAKARTA (JP): Four people were arrested Friday in Central Jakarta for selling old spare parts as if they were new.Police seized five truckloads of car spares, including brake shoes, bolts and valves, which were to be sold for at least Rp 50 million.

Funding without filching

Funding without filchingFrom JayakartaThe Southeast Asian Games will be held in October. Huge funding is required but contributions by the state budget, conglomerates' sponsorships and a consortium's fund-raising drive are insufficient.

Balanced autonomy

Balanced autonomy Given Indonesia's distinctive geography as the world's largest archipelago and given its huge diversity -- in terms of land conditions, ethnicity and culture as well as material progress -- it is strange that the question of granting greater autonomy to its many regions has still...

Infantrymen told to be vigilant

Infantrymen told to be vigilant JAKARTA (JP): Infantry I Brigade Commander Col. Tri Tamtomo urged the city's infantrymen to improve their vigilance so as to enable them to anticipate promptly any disturbances.

Where to go in Jakarta:

Where to go in Jakarta:Music * Planet Hollywood, Jl. Gatot Subroto Kav. 16, South Jakarta, Music Hours, Wednesday to Sunday, 9.30 p.m. onwards: Tricia Tahara, an American Singer. Top Classic Rock Music, every Thursday. Flashback night features old time favorite songs, every Friday. * Jamz, Jl.

NGO condemns torture of RI maid in Singapore

NGO condemns torture of RI maid in Singapore JAKARTA (JP): A non-governmental organization says the alleged torture of a teenage Indonesian maid in Singapore depicts the dangers faced by many Indonesian migrant workers.

Le Meridien observes French National Day

Le Meridien observes French National Day As a part of the French community in Jakarta for the last five years, the management and staff of Le Meridien Jakarta wish to congratulate all the French community on the celebration of their Nation Day, and thank them for their continuing support.

Asia share markets face volatile trading week

Asia share markets face volatile trading week HONG KONG (Reuter): Asian shares face a volatile trading week, with Hong Kong poised for further gains, some smaller markets poised for technical recovery but the rest of the region on tenterhooks about recent currency turmoil.

Culture in the capital

Culture in the capitalFrom Bisnis IndonesiaJakarta is already 470 years old. At its anniversary celebration, the governor complained about meager income from the tourism sector as foreign tourists are not particularly drawn to visit Jakarta.

Tiger study will be made public

Tiger study will be made public BANDAR LAMPUNG, Lampung: The Sumatran Tiger Project's study of tigers in Way Kambas National Park will soon be made public, Antara reported Friday.Lampung University Mathematics and Natural Sciences lecturer Herawati Soekardi said that the results will be on view...

Police captain nabbed for involvement in drug syndicate

Police captain nabbed for involvement in drug syndicate YOGYAKARTA (JP): The alleged involvement of a police captain in an Ecstasy syndicate has dealt a heavy blow to the local police command, a senior officer acknowledged Saturday.Yogyakarta Deputy Police Chief Col.

Hyatt to set up local subsidiary, plans expansion

Hyatt to set up local subsidiary, plans expansion JAKARTA (JP): Hyatt International Hotels, a United States- based chain, is to set up a local subsidiary to manage its hotels in Indonesia.Company Regional Director for Indonesia Peter Stettler said here Friday that the new firm, which would be...

Improved information urged to reduce abortion

Improved information urged to reduce abortion JAKARTA (JP): Greater access to complete, accurate information about reproductive health and the right of women to make appropriate decisions are important to help reduce cases of abortion, a reproductive health specialist said Saturday.

Influx of foreign investors

Influx of foreign investorsFrom Media IndonesiaOne of the grave problems to be faced by Indonesia when AFTA comes into effect in 2003 is the big influx of foreign investors, investing in various sectors. No doubt they will become formidable competitors.

Activists urge ASEAN to review Myanmar entry

Activists urge ASEAN to review Myanmar entry KUALA LUMPUR (Reuter): A chorus of activist and opposition groups at the weekend called on ASEAN to reconsider Myanmar's membership after foreign ministers from the grouping delayed Cambodia's admission because of political violence.

Ramayana opens new store

Ramayana opens new store JAKARTA (JP): Publicly listed PT Ramayana Lestari Sentosa, the owner of Ramayana department stores, has opened a retail outlet in Plaza Cengkareng, West Jakarta.The new outlet, located on a 13,000-square-meter plot, was opened Friday, and is Ramayana's 57th store.

Thousands left homeless

Thousands left homeless BANJARMASIN, S. Kalimantan: Thousands of the city's residents were left homeless Saturday following a fire that swept through several neighborhoods here, Antara reported yesterday.

Jakarta Fair breaks visitors, sales records

Jakarta Fair breaks visitors, sales records JAKARTA (JP): The month-long Jakarta Fair closed last night having broken records for the number of visitors and total sales.Total sales reached Rp 181 billion (US$73.87 million) and more than 2.52 million people went to the fair.

Japanese dancers in local production

Japanese dancers in local production JAKARTA (JP): Dancers from Japan and Singapore are scheduled to perform at Gedung Kesenian Jakarta next Saturday with local dancers in a production by the Bimo Wiwohatmo dance group.Bimo was a student of renown choreographer Bagong Kussudiardjo.

Italy routs Indonesia 5-0 in Fed Cup Group 2

Italy routs Indonesia 5-0 in Fed Cup Group 2By Bruce Emond JAKARTA (JP): Italy raced to a 5-0 drubbing of Indonesia in the Fed Cup World Group 2 playoff yesterday at the Senayan Tennis Stadium here.In the opening reverse singles match, Italian number one Silvia Farina gave her team an unbeatable...

Editor's holiday

Editor's holiday I refer to my letter titled Bright idea (July 11). It's holiday time in Indonesia. I presume our usual editor is somewhere enjoying a vacation because my jab at environmentalists was deleted from my letter.

PAL, WA reach settlement

PAL, WA reach settlement MANILA (AFP): Philippine Airlines (PAL) and World Airways (WA) on Saturday "reached an amicable settlement" over aircraft PAL leased from the U.S. firm, a statement said.Executives from the two companies signed an agreement ending "several days of legal posturing between...

Coping with the globalization of financial marts

Coping with the globalization of financial martsBy Sahala Sianipar JAKARTA (JP): On May 19, 1997, Southeast Asian central banks joined forces to stabilize Thailand's baht from pressure exerted by currency speculators.

Tulip, a newcomer to the RI computer scene

Tulip, a newcomer to the RI computer scene In conjunction with the appointment of a sole distributor in Indonesia, Tulip Computers invited Hyginus Hardoyo of The Jakarta Post on June 17 to June 20 to have a close look at its modern computer plant in 's-Hertogenbosch, the Netherlands.

Banjarmasin rioters jailed

Banjarmasin rioters jailed BANJARMASIN, S. Kalimantan: A court convicted two men Saturday for their involvement in the May 23 election riot here, Antara reportedRade'i bin Mutasi, 30, was found guilty of carrying weapons illegally, while Ratiman, 33, who was tried separately, was found guilty of...

Looking at 21st century

Looking at 21st centuryFrom MerdekaIn entering the 21st century, we may encounter many problems. Unity and integrity might take firmer shape, but the reverse could also happen.We have seen symptoms of such a negative phenomenon.

Indonesia wins women's beach volleyball c'ships

Indonesia wins women's beach volleyball c'ships JAKARTA (JP): Indonesia won the women's competition in the Jakarta Open Beach Volleyball competition yesterday after defeating a Thai team in the final.Indonesians Timy Yudhani and Etta Kaize beat Thailand's Kamoltip Kulna and Manoon Paengka 12-5 12-8.

C. Java to join dance fest

C. Java to join dance fest SEMARANG: The province of Central Java is to represent Indonesia in the World Folk Dance Festival to be held on the Greek island of Lefkada from Aug. 17 to Aug. 21, an official said here Friday.

RP central bank to review foreign currency reserves

RP central bank to review foreign currency reserves MANILA (Agencies): The Philippines central bank said yesterday it would review its targets for foreign currency reserves and balance of payments because of the cost of defending the peso since April.

'Local tastes' driving influx of foreign hookers

'Local tastes' driving influx of foreign hookers JAKARTA (JP): Indonesians' appetite for adventure with foreign prostitutes and the perception that people here are getting richer is supporting the business of providing foreign women for sexual services, a criminologist has said.

National Land Agency to be computerized

National Land Agency to be computerized BANDUNG (JP): The National Land Agency (BPN) will computerize its data processing to improve poor service that has often been blamed for disputes over land ownership.

Five nabbed in drugs haul

Five nabbed in drugs haul JAKARTA (JP): The Police have arrested four men and one woman for illegally possessing and trafficking more than two kilograms of marijuana.A City Police Headquarters source said over the weekend that one of the men had smuggled the 2.

Two RI titles in Kota Kinibalu

Two RI titles in Kota Kinibalu KOTA KINABALU, Malaysia (Reuter): Results of the final matches in the Malaysian Open badminton tournament last night:Men's singles5/8-Hermawan Susanto (Indonesia) beat 3/4 Peter Gade Christensen 15-11 15-11Men's doubles1-Ricky Subagja/Rexy Mainaky (Indonesia) beat...

ASEAN wise in deferring Cambodia's entry

ASEAN wise in deferring Cambodia's entry JAKARTA (JP): On July 24, 1997, Cambodia was to become a member of ASEAN. Just two weeks before that date ASEAN foreign ministers decided to defer Cambodia's membership because the political disputes between the two co-prime ministers and their parties were...

Contest for adolescents

Contest for adolescents JAKARTA (JP): This year's Adolescent Face Contest has attracted 698 participants from Jakarta, the head of the organizing committee, Iqbal Hamdy, said Saturday.The committee would first select 20 semifinalists -- those who showed the most creativity in making up their faces...

FINEX again postpones Singapore dollar futures

FINEX again postpones Singapore dollar futures NEW YORK (Reuter): FINEX, the financial products division of the New York Cotton Exchange (NYCE), again postponed the launch of the a futures contract on the Singapore dollar Friday, but successfully launched futures contracts on three other Asian...

The importance of human rights

The importance of human rightsBy Aleksius Jemadu JAKARTA (JP): Concern for human rights abuses in developing countries has become a hotly debated topic in post Cold War international relations. Leaders of Western developed countries, in particular, seem to be quite critical of developing countries'...

Thai fire exposes safety loopholes

Thai fire exposes safety loopholes BANGKOK (Reuter): Thailand's worst hotel fire, which has already claimed at least 90 lives, has triggered a public outcry over a lack of enforcement of safety measures for high-rise and public buildings.

Mandela arrives in Bali

Mandela arrives in Bali JAKARTA (JP): South African President Nelson Mandela arrived in Denpasar, Bali at dawn yesterday for a four-day visit to strengthen economic ties with Indonesia.Mandela, who visited Indonesia in 1990 and 1994, was given a warm welcome by Bali Governor Ida Bagus Oka and the...

Road accidents kill 1,000

Road accidents kill 1,000 BANDUNG: Road accidents in West Java killed 1,032 people in the first half of the year, police said yesterday.West Java's police spokesman, Lt. Col. Istanto, said Tuesday there were 1,352 accidents in the province over this period.

Sales assistants at fair motivated by high wages

Sales assistants at fair motivated by high wages JAKARTA (JP): Dozens of beautiful young woman employed at the Jakarta Fair 1997 as sales promotion assistants were feeling happy when the one-month fair closed yesterday because they had just received their wages.

RI not to import rice

RI not to import rice JAKARTA (JP): State Logistics Agency (Bulog) head Beddu Amang said over the weekend Indonesia would not import rice this year despite a forecasted prolonged dry season."I doubt we'll import any rice this year, but we will of course keep the domestic rice stock and prices under...

KL may not host 1999 SEA Games

KL may not host 1999 SEA Games KUALA LUMPUR, Malaysia (AP): Because of expanding events and rising costs, the Southeast Asian Games might not be held in 1999, a Malaysian sports official said yesterday.