Indonesian Political, Business & Finance News

Archive: 22 July 1997

54 articles found

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 21, 1997: Shares Close Change Trading Volume ---------------------------------------------------------- Ades Alfindo 1,125 -50 171,500 AHAP Insurance 2,500 0 0 Alter Abadi 975 -50 120,000 Alumindo Light Metal 1,325 -25...

Efforts on Cambodia must continue

Efforts on Cambodia must continue Thanks to the unhelpful attitude of Cambodian strongman Hun Sen, ASEAN faces tough decisions. The immediate ASEAN policy in the wake of Hun Sen's power grab on July 6 was temporary.

Govt rejects Pakpahan request for foreign cure

Govt rejects Pakpahan request for foreign cure JAKARTA (JP): The government turned down yesterday jailed labor leader Muchtar Pakpahan's request to travel abroad for medical treatment, as recommended by a private hospital.

Man tried in investor scam

Man tried in investor scam JAKARTA (JP): A West Jakarta man was charged at the Central Jakarta District Court yesterday for defrauding an investor of Rp 72 million (about US$27,600).Max Gondo Setiawan, 52, is being tried under Article 378 of the Criminal Code, which carries a maximum of four years...

Surjadi parties with staff

Surjadi parties with staff JAKARTA (JP): Jakarta Governor Surjadi Soedirdja attended a family outing with 70,000 staff members at the Monas Park in Central Jakarta Sunday.The gathering was to mark Jakarta's 470th anniversary and Indonesia's 52nd independence day.

Bridge c'ship for students

Bridge c'ship for students JAKARTA (JP): The Third Inter-University Bridge championship started here yesterday to find talented juniors to play future international events.Thirty-nine teams are taking part in the championship. There are three events: men's team, women's team and pairs.

Investment chances through WTO?

Investment chances through WTO?By Djauhari Oratmangun JAKARTA (JP): In today's increasingly globalized and competitive world, developing countries recognize that foreign direct investment (FDI) contributes positively to their economic growth and the welfare of their populations.

HK and RI to meet at ABC c'ship

HK and RI to meet at ABC c'ship JAKARTA (JP): Hong Kong's Regal will play Indonesia's Aspac in the quarterfinals of the 8th Asian Basketball Confederation (ABC) championship after beating the Philippines' Tanduay Gold yesterday.

Search for victims ends in Sulawesi ferry sinking

Search for victims ends in Sulawesi ferry sinking UJUNGPANDANG, S. Sulawesi (JP): Police called off the search for victims of Sunday's ferry accident in Pangkep regency yesterday because there were no new reports of missing people.But Pangkep's police chief, Lt. Col.

Bank Danamon's ATM stolen

Bank Danamon's ATM stolen JAKARTA (JP): Police are still looking for at least three people for stealing an automatic teller machine operated by Bank Danamon on Jl. Iskandar Muda, in Kebayoran Lama, South Jakarta.Kebayoran Lama Police Detective Chief Sec. Lt. M.

OOCL serves Jakarta

OOCL serves Jakarta HONG KONG (Reuter): Container shipper Orient Overseas Container Line Ltd (OOCL) said yesterday it was offering services between Jakarta and Japan.The service would call at Kawasaki, Chiba, Osaka, Kaohsiung, Hong Kong, Manila, Singapore and Jakarta on its southbound route from...

Rupiah attacked

Rupiah attacked The region's contagion of currency speculation finally hit the Indonesian currency after a concerted attack yesterday, pushing down the rupiah to as low as Rp 2,665 to the dollar. That was a plunge of almost 5 percent, its largest-ever, single-day loss after the previous record low...

Colonizers that bad?

Colonizers that bad? I think Budi Setiawan must have read some very strange history books at school (Your Letters, On colonialism, July 19). I wonder who wrote them? I refer to his last paragraph: "Colonialism is a bad dream of the past...,".

South Jakarta mayoralty to move

South Jakarta mayoralty to move JAKARTA (JP): The South Jakarta Mayoralty plans to move its office from Jl. Trunojoyo to a new location further south on Jl. Prapanca Raya, a senior municipality official said yesterday.The assistant secretary on economic and development affairs, Prawoto S.

Aberson gets 9 months for defamation

Aberson gets 9 months for defamation JAKARTA (JP): House of Representatives member Aberson Marle Sihaloho was sentenced yesterday to nine months in jail by the Central Jakarta District Court for insulting President Soeharto.

Customer service

Customer service I was delighted to see the sign for Ace Hardware Store in Puri Indah Mall and was looking forward to visiting the store when it opened. The other day I went to the store to see what kind of merchandise they carried.

AJI journalists freed from jail on parole

AJI journalists freed from jail on parole JAKARTA (JP): Two journalists of the unrecognized Independent Journalists' Association (AJI), sentenced to three years in jail, were released Saturday, a spokeswoman for the Legal Aid Institute said yesterday.

Municipality urges discounts for kids

Municipality urges discounts for kids JAKARTA (JP): The municipality urged owners of amusement centers, book and toy stores and health centers, as well as operators of land, air and water transportation yesterday to give discounts to children on Wednesday and Thursday.

RI to face new health problems: WHO

RI to face new health problems: WHO JAKARTA (JP): Today's children will not only face the threat of infectious disease they will also have to deal with the growing incidence of non-communicable disease, a World Health Organization (WHO) official said yesterday.

Activist desires commission for child protection

Activist desires commission for child protection JAKARTA (JP): A children's activist underlined yesterday the importance of establishing an independent commission to oversee children's conditions so as to provide more protection for them, especially in child labor.

Surjadi slams reporters over ID operation reporting

Surjadi slams reporters over ID operation reporting JAKARTA (JP): Governor Surjadi Soedirdja blasted reporters yesterday for exaggerating reports on the city's identification card operation."I deplore the reports, which keep blaming us (the municipality)," Surjadi told reporters at City Hall.

Capital punishment still needed, says Muladi

Capital punishment still needed, says MuladiBy Haryoso SEMARANG (JP): Muladi, a member of the National Commission on Human Rights and rector of Semarang's Diponegoro University, never shies away from journalists' questions on political and social affairs.

Govt won't import rice despite drought forecast

Govt won't import rice despite drought forecast JAKARTA (JP): National Logistics Agency (Bulog) chief Beddu Amang said yesterday Indonesia is unlikely to import rice this year despite forecasts of severe drought in many parts of the country.

PLN offers new rules on power agreements

PLN offers new rules on power agreements JAKARTA (JP): The state-owned electricity company PLN is proposing some changes in the electricity pricing and the volume of power to be taken up within its power purchase agreements.

Pertamina plans to take over Caltex oil field in Riau

Pertamina plans to take over Caltex oil field in Riau JAKARTA (JP): State oil firm Pertamina has announced plans to take over the Coastal Plain Pakanbaru (CPP) field in Riau from PT Caltex Pacific Indonesia.

Prison escapee faces 20 years' imprisonment

Prison escapee faces 20 years' imprisonment BOGOR (JP): A prosecutor demanded the Bogor District Court yesterday to sentence Erling Doli Wijaya alias Mikel, who escaped from his detention cell almost four weeks ago, to 20 years in prison for his involvement in a robbery and murder on the Jagorawi...

Museum staff face jail terms over theft

Museum staff face jail terms over theft JAKARTA (JP): A state prosecutor asked the Central Jakarta District Court yesterday to sentence two National Museum employees to three and four years imprisonment for their alleged roles in the theft of 25 paintings.

Rupiah hits another low but recovers

Rupiah hits another low but recovers JAKARTA (JP): Despite Indonesia's strong economic fundamentals, speculators made more concerted attacks on the rupiah yesterday, pushing it to a record low and prompting the central bank to intervene to defend the currency.Dealers said spot rupiah against the U.

People told to stay calm over rupiah

People told to stay calm over rupiah JAKARTA (JP): Bank Indonesia Governor J. Soedradjad Djiwandono called on the people to remain calm and not rush buying dollars following yesterday's massive speculative attacks on the rupiah.

Expats involved in drug crimes

Expats involved in drug crimesBy Christiani Tumelap JAKARTA (JP): A Nepalese student is currently being tried at South Jakarta District Court on charges of possessing and trafficking heroin.Last month an Iranian was sentenced to 12 years in jail after he was found guilty of possessing 155 capsules...

Pertamina criticized over Sempati Air's fuel debts

Pertamina criticized over Sempati Air's fuel debts JAKARTA (JP): State-owned oil company Pertamina was criticized yesterday by legislators for allowing private airline company Sempati Air to fall behind in paying its debts for the procurement of aviation fuel.

KL replies to logging criticisms

KL replies to logging criticisms KUALA LUMPUR (AP): Malaysia has denied accusations in a leaked Australian diplomatic document that the Southeast Asian nation's loggers are propping up rulers in the South Pacific.

IDT program to continue with revision

IDT program to continue with revision JAKARTA (JP): The government-sponsored Presidential Aid for Least-Developed Villages (IDT) poverty alleviation program will continue albeit with some revision, an official said yesterday.

Taking action on complaints

Taking action on complaints In an effort to enhance public services, the Parking Management Agency of the Jakarta administration has opened "Information and Parking Complaints Service," through PO Box 2001 JAT or a hotline at telephone No. 4757416 every day from 8 a.m. till 9 p.m.

Govt providing land title to owners of cheap houses

Govt providing land title to owners of cheap houses JAKARTA (JP): State Minister of Agrarian Affairs Soni Harsono reiterated yesterday the government's commitment to provide affordable land title for cheap houses.

IPTN and the 'Post' extend dispute settlement deadline

IPTN and the 'Post' extend dispute settlement deadline JAKARTA (JP): Lawyers representing the state-owned aircraft maker PT IPTN and The Jakarta Post daily extended yesterday their dispute settlement deadline to July 30.

School fee

School feeFrom RepublikaThe practice of paying for a candidate's seat in a government senior high school in Jakarta still prevails despite the Ministry of Education and Culture's warning that such practices must be stopped.

Singer jailed for phone theft

Singer jailed for phone theft JAKARTA (JP): An amateur club singer was jailed for four months by the Central Jakarta District Court yesterday for stealing a neighbor's cellular phone and running up Rp 4 million in charges.

Radio station to be established

Radio station to be established FAKFAK, Irian Jaya: The state-owned Indonesian Broadcasting System (RRI) is planning to build a 10-KWH radio broadcasting station this fiscal year in Pasir Putih village, 10 km east of here.

S'pore's QAF to buy Indofood through Indonesian company

S'pore's QAF to buy Indofood through Indonesian company JAKARTA (JP): Salim Group's executives said the proposed sale of Indofood Sukses Makmur's 50.1 percent shares to the group's Singapore-based company would not break the 49 percent foreign ownership limit imposed on listed local companies.

Thai, Singapore hotel chains tie up with Bakrie

Thai, Singapore hotel chains tie up with Bakrie JAKARTA (JP): General Hotels Management of Singapore and Soneva Pavilion of Thailand agreed here yesterday to operate hotels and tourism resorts now being developed by the Bakrie Group in Lampung.

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.

Indonesia to select shooters at Kapolri Cup

Indonesia to select shooters at Kapolri Cup JAKARTA (JP): The Indonesian Shooting and Hunting Association will choose next month the team for the 19th Southeast Asian (SEA) Games here in October.Coach Soebagio M.

Filipino nun wins Magsaysay award

Filipino nun wins Magsaysay award MANILA (AP): A Filipino surgeon-nun known as the "Healing Nun" was awarded an honor yesterday that is often viewed as the Asian equivalent of the Nobel Prize.Sister Eva Fidela Maamo, who has given spiritual guidance and free medical aid to Filipino tribesmen and...

RP detains 18 Malaysian fishermen

RP detains 18 Malaysian fishermen ZAMBOANGA, Philippines (AFP): Philippine marines arrested 18 Malaysian fishermen aboard seven boats after they strayed into the country's southern waters over the weekend, the military said yesterday.

Nephew caught for stealing

Nephew caught for stealing JAKARTA (JP): A man was arrested for allegedly breaking into his aunt's house in Tangerang, West Java, to steal her gold jewelry, police said.City Police spokesman Lt. Col. E. Aritonang said yesterday the man made away with 128 grams of gold.

TV today

TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Mooncat 3:10 Teenagers' Program: Ramaja Indonesia 3:00 News: Lintasan Berita 3:35 Development Program: Hankamnas 4:00 Regional News 4:30 Teenagers' Program: Drama Remaja 5:00 English Lessons 5:25 Variety...

Cambodia unlikely to join ASEAN this week: Alatas

Cambodia unlikely to join ASEAN this week: Alatas JAKARTA (JP): Minister of Foreign Affairs Ali Alatas expressed skepticism yesterday that Cambodia would officially join the Association of Southeast Asian Nations (ASEAN) this week during the regional grouping's annual ministerial meeting.

SE Asian rubber trade slow on holidays

SE Asian rubber trade slow on holidays SINGAPORE (Reuter): The pounding taken by regional currencies from speculators and a holiday on Monday in Thailand and Japan will keep the Southeast Asian rubber market quiet this week, rubber dealers said.Major consumers in the U.S.

KL tin rises on LME

KL tin rises on LME KUALA LUMPUR (Reuter): Malaysia's spot tin price rose 10 cents to 13.87 ringgit ($5.27) a kg yesterday in reaction to a weak ringgit and a higher close on the London Metal Exchange (LME) on Friday, traders said.

Probe into inmate's death

Probe into inmate's death SEMARANG: The Central Java office of the Ministry of Justice is investigating the death of Nusakambangan Prison inmate Antonius Kelana who was found hanging in his cell Saturday.

Tourist promotion via Internet

Tourist promotion via Internet MATARAM, West Nusa Tenggara: The province's tourist attractions will soon be promoted via the Internet, local tourist office chief Rachmad said here over the weekend."The Internet, apart from being less expensive, can provide fast and complete information worldwide,"...

Bogasari's wheat-milling monopoly to be kept: Bulog

Bogasari's wheat-milling monopoly to be kept: Bulog JAKARTA (JP): The government will maintain the Salim Group's wheat-milling monopoly despite the group's plan to inject its assets in PT Indofood Sukses Makmur, which owns PT Bogasari Flour Mills, into its Singapore-based subsidiary, QAF.

Russia, France favorites for jet fighter deal

Russia, France favorites for jet fighter deal JAKARTA (JP): The government has indicated that it would rather buy jet fighters from Russia or France because they seem to be interfering less in Indonesia's internal affairs than other countries with fighters for sale.