Indonesian Political, Business & Finance News

Archive: 17 July 1997

26 articles found

Malaysia's Mahathir returns to swirl of issue

Malaysia's Mahathir returns to swirl of issue By Reme Ahmad KUALA LUMPUR (Reuter): A rested Malaysian Prime Minister Mahathir Mohamad will have to deal with a swirl of issues on his return next week from a two-month break, political and economic analysts said.

Where to go in Jakarta: Friday, July 18, 1997

Where to go in Jakarta: Friday, July 18, 1997Music * 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.

Whither, Cambodia?

Whither, Cambodia? PHNOM PENH (JP): The situation appears to have returned to normal in the Cambodian capital, Phnom Penh, as the Cambodian People's Party (CPP) forces of Premier Hun Sen apparently have taken control of most parts of the country.

Lippo Cikarang's IPO oversubscribed

Lippo Cikarang's IPO oversubscribed JAKARTA (JP): PT Lippo Cikarang said Wednesday that its recent initial public offering (IPO) was a big success, with demand far exceeding available shares.Lippo Group's deputy chairman, James T.

Where to go in Bali for Friday, July 18, 1997

Where to go in Bali for Friday, July 18, 1997Music and entertainment * Bali Cliff, Pecatu: Frog Dance, Saturday, Balinese Theater, Ramayana Ballet, Monday, Kecak Dance, Tuesday and Saturday, Legong Dance, Wednesday, Mask Dance, Thursday, Jegog Orchestra, Friday, Tektekan Calonarang, Sunday, from 8.

Taiwan says Kanematsu involved in Brunei refinery

Taiwan says Kanematsu involved in Brunei refinery TAIPEI (Reuter): Taiwan monopoly Chinese Petroleum Corp said yesterday it would form a joint venture with Japan's Kanematsu Corp and the Brunei government to build Brunei's second oil refinery.

Exhibition points up artistic concerns of 1970s

Exhibition points up artistic concerns of 1970sBy Chandra Johan JAKARTA (JP) Add the Jakarta Art Council to the list of cultural institutions getting back into the swing of the 1970s. It is featuring works of nine prominent painters from that decade in an exhibition at the Cipta II Gallery of Taman...

Thai economy rebound depends on baht

Thai economy rebound depends on baht BANGKOK (Reuter): The battered Thai economy will show signs of export-led recovery in 1998 if the baht stabilizes at 27.70 to the dollar by the end of next year, Merrill Lynch & Co said.

Dede found his artistic calling by chance

Dede found his artistic calling by chance JAKARTA (JP): When he was a little boy, Dede Erie Supria wanted to be a teacher like his father. But in one of life's ironic detours from the planned path, he became a painter, a profession he had never considered seriously.

BOJ says Asian currency turmoil to settle soon

BOJ says Asian currency turmoil to settle soon TOKYO (Reuter): Bank of Japan (BOJ) Executive Director Takeshi Anzai said on Wednesday that he sees Asian currency turmoil settling down soon. He said Asian currencies should reflect economic fundamentals.

CEPA quits

CEPA quits Tanjung Jati power project HONG KONG (Reuter): Southern Co Inc's Consolidated Electric Power Asia Ltd (CEPA) decided to quit the Tanjung Jati power station project in Indonesia because of uncertainty over the contract terms, CEPA said on Wednesday.

Humpuss eyes oil palm, jute in Sulawesi

Humpuss eyes oil palm, jute in Sulawesi JAKARTA (JP): A subsidiary of Humpuss group is studying the feasibility of developing oil palm and jute plantations on a 30,000 hectare area of Southeast Sulawesi, Antara reported.

Philippines maintains economic targets: Ramos

Philippines maintains economic targets: Ramos MANILA (AFP): The Philippines is maintaining its economic growth target of seven percent this year despite the battering of the peso, President Fidel Ramos said Wednesday.

New measure needed to boost sugar output

New measure needed to boost sugar output JAKARTA (JP): The government must change its sugarcane farming policy if it wants to stop a continued decline in sugar production, a senior official said.National Logistics Agency chairman Beddu Amang said Wednesday that the existing policy had yet to...

A decoupling process between public interest and public policy

A decoupling process between public interest and public policy is taking place on both national and local levels. The process is increasing in intensity due to a growing power centralization in the economy and the political arena.

;JP;ALY

;JP;ALY ANPAf..r.. Market-Maharani-listing Maharani makes capital market debut JP/11/MAHARANI Maharani makes capital market debut JAKARTA (JP): Multifinance firm PT Maharani Intifinance made its capital market debut Wednesday and announced plans to open at least five more branches this year.

Future challenges in development

Future challenges in development By Rizal Ramli JAKARTA: The New Order has been successful in the economic field. But most political criticism touches on public welfare or democracy. But in the economy too, something is happening which I refer to as the diminishing benefit.

TV Program: Friday, July 18, 1997

TV Program: Friday, July 18, 1997 TVRI .tb .30" .90" 2:30 p.m. News: Lintas Nusantara2:40 Travel: My Country2:45 Children's Film: Kelley3:10 Children's Dance: Aneka Tari Timor Timur3:35 Talk Show: Sambung Rasa4:00 Regional News4:30 Student's Quiz: Cerdas Cermat5:10 Film: Home Green Home5:25 Variety...

Stock quotations on JSX

Stock quotations on JSX.rm .plStock prices on the Jakarta Stock Exchange (in rupiah) on July 16, 1997: ------------------------------------------------------------- Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,150 -25 130,500 AHAP...

Where to go in Surabaya, for Friday, July 18, 1997

Where to go in Surabaya, for Friday, July 18, 1997Music and Entertainment * Tunjungan Crystal Hotel, Jl. Tunjungan 102-104: - Lounge Bar: Stief's Band, Tuesday, Thursday, Saturday, open at 8 p.m. to 12 p.m. * Mirama Hotel, Jl. Raya Darmo 58-76: - Mirama Bar: Desire Band, Monday.

National pride

National pride I am writing in reference to the article Surly secretaries, English lesson ("By the way...," June 29). I have been thinking about writing on the same subject, but couldn't find the right words to express it. You accurately and clearly expressed what I have been wanting to say.

Spinning-off made to allow Indocement to focus on core

Spinning-off made to allow Indocement to focus on core JAKARTA (JP): Anthony Salim, chief executive officer of Indocement, said Wednesday the company had sold its 50.1 percent share in Indofood so that the cement giant could concentrate on its core business.

N-250 plane flies in Hanoi

N-250 plane flies in Hanoi HANOI (AFP): An Indonesian-designed commuter aircraft flew a demonstration flight for Vietnamese aviation officials in Hanoi on Wednesday, an embassy official said. The N-250 turboprop aircraft took to the skies at Hanoi's Noi Bai International Airport before a crowd of...

Melia Purosani Hotel gets loan

Melia Purosani Hotel gets loan JAKARTA (JP): PT Purosani Sri Persada, which owns the Hotel Melia Purosani, Yogyakarta, secured Wednesday a syndicated loan worth US$14.75 million from five local and overseas banks.

The Listening Post

The Listening Post "Building English Skills Through Newspaper + Radio" Produced by American Language Center in cooperation with The Jakarta Post and Radio Sonora FM 100.9 Mhz "Turkey in Turmoil," a cause for concern throughout both NATO and the European Union, as Turkey has long been a member of...

Summarecon to build new high-rise building at Kelapa Gading

Summarecon to build new high-rise building at Kelapa Gading JP/11/SUDWISummarecon to build new high-rise building at Kelapa Gading JAKARTA (JP): A business and entertainment center will highlight Kelapa Gading Permai's 20-hectare town center, scheduled for completion by 1999.