Archive: 25 July 1997
66 articles found
Fri, 25 Jul 1997
Paribas names Jakarta boss
Paribas names Jakarta boss HONG KONG (Reuter): Paribas Asia Equity said yesterday it has appointed James Spence as president director in Indonesia and Justin Tooth as head of Philippines sales.Niall Shiner joins the firm's Hong Kong research team to cover smaller companies and Walter Lo has been...
Fri, 25 Jul 1997
SE Asian buyers seek 350,000 tons of corn
SE Asian buyers seek 350,000 tons of corn SINGAPORE (Reuter): Southeast Asian buyers are believed to be seeking 350,000 tons of corn with Indonesia inquiring for 200,000 tons and Thai buyers awaiting government approval to purchase 150,000 tons, traders said yesterday.
Fri, 25 Jul 1997
GoldCorp-Antam deal
GoldCorp-Antam deal PERTH (Reuter): Australia's largest gold refiner, Gold Corporation, said on Thursday it concluded an equipment supply and technical consultancy agreement to upgrade PT Aneka Tambang's (Antam) Logam Mulia precious metals refinery in Jakarta.
Fri, 25 Jul 1997
Police prohibit planned celebration of July 27 riot
Police prohibit planned celebration of July 27 riot JAKARTA (JP): The National Police have prohibited Megawati Soekarnoputri loyalists from commemorating the first anniversary of the July 27 political riot in which five people were killed.Spokesman for the National Police Col.
Fri, 25 Jul 1997
36 Games athletes in Sicily for tryouts
36 Games athletes in Sicily for tryouts JAKARTA (JP): Indonesia's Southeast Asian (SEA) Games athletes will compete in five of the 10 events at the Universiade (Student Games) in Sicily, Italy, from Aug. 19 to Aug. 31.
Fri, 25 Jul 1997
Search for scapegoats as hot money flees Asia
Search for scapegoats as hot money flees AsiaBy Nick Cumming-Bruce BANGKOK: Another bad day for the Thai baht Wednesday threatened more turbulence for the currencies of its Southeast Asian neighbors, just as their club of tiger nations is celebrating its 30th anniversary by admitting two new...
Fri, 25 Jul 1997
Policeman jailed for torture
Policeman jailed for torture BANDUNG: A military court here Wednesday sentenced First Lt. Daniel Tifaona, 28, to nine months and 10 days in prison for the fatal torture of a robbery suspect.Tjetje Tadjudin, 42, had been named both a witness and a suspect in the armed robbery in which one person was...
Fri, 25 Jul 1997
House passes bill on narcotics with leniency on users
House passes bill on narcotics with leniency on users JAKARTA (JP): The House of Representatives endorsed yesterday a bill on narcotics which introduces lenient and heavy penalties.The bill, which will replace the 1976 narcotics law if it is enacted, retains a maximum sentence of death for...
Fri, 25 Jul 1997
RI minister urges S. Korea to help Kia
RI minister urges S. Korea to help Kia SEOUL (AFP): Indonesian Minister of Industry and Trade Tunky Ariwibowo Thursday asked South Korea to take a special interest in the ailing Kia Group, taking into account his country's national auto program.
Fri, 25 Jul 1997
ASEAN and its future challenges
ASEAN and its future challengesBy Jusuf Wanandi PETALING JAYA, Malaysia (JP): On July 20 to July 23, 1997, ASEAN-Institutes of Strategic and International Studies (ASEAN- ISIS) held its second ASEAN congress in conjunction with ASEAN's 30th anniversary in Kuala Lumpur.
Fri, 25 Jul 1997
Indonesian teachers want more allowances
Indonesian teachers want more allowances JAKARTA (JP): The Indonesian Teachers Union urged the government yesterday to do more toward improving the welfare of its more than one million members.Union chairman Basyuni Suriamiharja said the government should offer more allowances to elementary and...
Fri, 25 Jul 1997
Danamon's extra charge
Danamon's extra charge As a customer, my relationship with Bank Danamon only began about 50 days ago but the experience has been disgusting.On July 11, 1997, I transferred a small amount of Australian dollars from my AUD primadollar account to Australia.
Fri, 25 Jul 1997
Plan for five-star pet hotel in Malaysia
Plan for five-star pet hotel in Malaysia KUALA LUMPUR (DPA): Wealthy pet owners in Malaysia will soon be able to go on their holidays with peace of mind, as a five- star hotel for animals is in the offing soon.
Fri, 25 Jul 1997
Over 500 fires occured over last 7 months in the city
Over 500 fires occured over last 7 months in the city JAKARTA (JP): Over 500 fires took place in the capital over the first seven months of the year, City Fire Agency head Suharso said yesterday.Suharso said fires killed 18 people and injured 35 others, burned down 2,978 houses and left 19,390...
Fri, 25 Jul 1997
Construction of subway project delayed by financial problems
Construction of subway project delayed by financial problems JAKARTA (JP): The construction of the long-awaited subway project will be delayed indefinitely because of new problems, mainly from its financial scheme, an official said yesterday.
Fri, 25 Jul 1997
No end to turmoil for SE Asian money
No end to turmoil for SE Asian money SINGAPORE (AFP): Speculators mounted a fresh attack against Southeast Asian currencies yesterday, inspired by bad news out of Thailand which took regional financial markets into a fourth week of turmoil.
Fri, 25 Jul 1997
PSN to build rural telecoms networks
PSN to build rural telecoms networks JAKARTA (JP): Publicly listed PT Pasifik Satelit Nusantara (PSN) is to develop telecommunications networks in West Java using its satellite services in cooperation with PT Telekomunikasi Nusantara Prima (Telnus) and PT Ariawest International.
Fri, 25 Jul 1997
Volleyball World C'ships delayed over debt problems
Volleyball World C'ships delayed over debt problems JAKARTA (JP): The Indonesian Volleyball Association will delay the Ultrajaya Cup Women's Volleyball World Championships scheduled for here next month because of financial problems with promoter Spectrum.
Fri, 25 Jul 1997
Indonesia franchise boosts Delifrance earning prospects
Indonesia franchise boosts Delifrance earning prospects SINGAPORE (Reuter): Delifrance Asia Ltd's expansion of its French-style cafes to Indonesia prompted analysts yesterday to revise upwards the company's earnings prospects."The impact is definitely going to be positive.
Fri, 25 Jul 1997
Soldier elected council chief
Soldier elected council chief UJUNGPANDANG, South Sulawesi: Burhanuddin Ali from the Armed Forces faction was elected chief of the provincial legislative council yesterday amid students protest.Burhanuddin won 37 votes while his only rival, Hasan Saleh, from the dominant Golkar faction, received...
Fri, 25 Jul 1997
SE Asian health insurers face soaring costs
SE Asian health insurers face soaring costs KUALA LUMPUR (Reuter): A booming demand for health care services in Southeast Asia is threatening the long term stability of insurers who face soaring costs and rising claims, Industry executives said on Thursday.
Fri, 25 Jul 1997
BII to enter Manila
BII to enter Manila MANILA (AFP): Bank Internasional Indonesia (BII) has received permission to set up a representative office in the Philippines, the Central Bank of the Philippines said here yesterday.
Fri, 25 Jul 1997
National soccer league semifinals start today
National soccer league semifinals start today JAKARTA (JP): The 110,000-seat Senayan Stadium will again be the focus of soccer fans when four teams -- two from East Java, one each from West Java and South Sulawesi -- play the national soccer league semifinals today.
Fri, 25 Jul 1997
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 * Downsizing has cut like the Angel of Death through management in Western firms, as fat, seemingly impregnable corporations...
Fri, 25 Jul 1997
Bira's profit up 67%
Bira's profit up 67% JAKARTA (JP): Publicly listed Bank Bira reported yesterday a 51 percent increase in its net profit for the first half of this year to Rp 40.8 billion (US$15.7 million) over the same period of last year.The bank said net interest income rose by 67 percent to Rp 87.
Fri, 25 Jul 1997
House okays yearly legislation plan
House okays yearly legislation plan JAKARTA (JP): The House of Representatives approved yesterday an annual legislation program to be delivered by the President during the State Budget plan.Syamsul Mu'arif, who chairs a special committee considering an amendment to the House internal rule, said...
Fri, 25 Jul 1997
Lippo Cikarang listed
Lippo Cikarang listed JAKARTA (JP): Urban developing company PT Lippo Cikarang, of the widely diversified Lippo Group, made its capital debut yesterday when listing its shares in the Jakarta Stock Exchange.
Fri, 25 Jul 1997
Where to go in Jakarta:
Where to go in Jakarta:Music * The Regent Hotel: Jl. Rasuna Said, Kuningan, South Jakarta: - Garden Terrace: Indonesia's Top Musicians, Friday and Saturday,, 9.30 p.m. to 1 a.m. - Pool Side: Sahata Vocal Group, Saturday, 6.30 p.m. to 9 p.m. * Holiday Inn Crowne Plaza, Jl. Gatot Subroto Kav.
Fri, 25 Jul 1997
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on July 24, 1997: Shares Close Change Trading Volume ----------------------------------------------------------- Ades Alfindo 1,150 25 31,000 AHAP Insurance 2,500 0 0 Alter Abadi 1,050 0 28,500 Alumindo Light Metal 1,350 -25...
Fri, 25 Jul 1997
Pertamina's capability to operate CPP queried
Pertamina's capability to operate CPP queried JAKARTA (JP): Oil company Medco Energy's president supported yesterday the government decision not to extend Caltex Pacific Indonesia's contract for the Coastal Plains Pakanbaru oil field after its 2001 expiry.
Fri, 25 Jul 1997
Salim's maneuvers
Salim's maneuvers Seen from the business history and stature of the politically well-connected tycoon Sudono Salim in Indonesia, the fire and, in some cases, emotionally nationalistic outbursts drawn by the latest corporate maneuver involving the publicly listed Salim Group companies -- Indocement...
Fri, 25 Jul 1997
Indonesian youth picked up at brothel
Indonesian youth picked up at brothel GOLD COAST, Australia (AP): A 15-year-old illegal immigrant from Indonesia was discovered working at a brothel in far northern New South Wales, an immigration officer said yesterday.
Fri, 25 Jul 1997
Severino elected new ASEAN secretary-general
Severino elected new ASEAN secretary-generalBy Meidyatama Suryodiningrat PETALING JAYA, Malaysia (JP): Ministers of the Association of Southeast Asian Nations (ASEAN) concluded their first day of meetings here yesterday by electing Filipino Rodolfo C.
Fri, 25 Jul 1997
ASEAN and Cambodia
ASEAN and Cambodia It appears that ASEAN has lost its patience with (Cambodian co-Premier) Hun Sen. By unanimous vote, the association delayed Cambodia's admission until the ongoing conflict is resolved.
Fri, 25 Jul 1997
Haze disrupts flights
Haze disrupts flights PALANGKARAYA, Central Kalimantan: Thick haze from forest burning has disrupted river and air traffic in the hinterland.Over the past two days, haze has covered much of the North Barito regency, about 350 kilometers from here, virtually blocking-out the sunrise, Antara reported.
Fri, 25 Jul 1997
City gardens
City gardensFrom MerdekaThe results of the Jakarta Administration's program to provide the capital with more gardens are becoming more and more visible. In many areas of the city we can now see trees and other vegetation.
Fri, 25 Jul 1997
Minor on trial for drug abuse
Minor on trial for drug abuse JAKARTA (JP): A 17-year-old woman is being tried at the Jakarta Central District Court for possession of 0.0348 grams of third grade heroin with intent to use.Prosecutor Shinta Sasanti said LM was caught in a police operation on May 14 of this year.
Fri, 25 Jul 1997
Unseeded irawati upsets Benjamas
Unseeded irawati upsets Benjamas JAKARTA (JP): Indonesia's Irawati Moerid Iskandar upset third seeded Thai Benjamas Sangaram 6-3, 6-0 at the US$10,000 Governor Cup Women's Tennis Satellite tournament at the Kemayoran tennis complex yesterday.
Fri, 25 Jul 1997
Couple face jail terms for fraud
Couple face jail terms for fraud JAKARTA (JP): A state prosecutor asked the Central Jakarta District Court in two separate sessions yesterday to sentence a husband and wife to one year and two years of imprisonment, respectively for fraud.
Fri, 25 Jul 1997
Soeharto tells banks to reduce problem loans
Soeharto tells banks to reduce problem loans JAKARTA (JP): President Soeharto has called on the country's banking industry to cut down problem loans, strengthen capital and minimize banking crimes.Soeharto told the opening session of an Indonesian National Private Banks Association meeting here...
Fri, 25 Jul 1997
Ramayana opens new store
Ramayana opens new store JAKARTA (JP): Publicly-listed PT Ramayana Lestari Sentosa, the owner and operator of Ramayana department stores, opened yesterday its 58th outlet.The company said the new Denpasar (Bali ) store occupies 13,000 square meters of floor space in a mall, and is the second...
Fri, 25 Jul 1997
Hun Sen warns SE Asian nations over entry deferral
Hun Sen warns SE Asian nations over entry deferral PHNOM PENH (AFP): Cambodian leader Hun Sen sent a veiled warning to his Southeast Asian neighbors yesterday saying they had made a big mistake in rejecting his country's bid to join the group.
Fri, 25 Jul 1997
RI lost to South Korea in ABC championship
RI lost to South Korea in ABC championship JAKARTA (JP): South Korea's KIA Timor shattered local team Aspac's hopes of reaching the final after beating them 86-65 in the semifinals of the 8th Asian Basketball Confederation (ABC) championship yesterday.
Fri, 25 Jul 1997
TV today
TV todayTVRI 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Kelley 3:10 Children's Program: Tunas 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Student's Quiz: Cerdas Cermat 5:10 Film: Home Green Home 5:25 Variety Show: Serba-Serbi 5:30 Music: Paket 27 6:00...
Fri, 25 Jul 1997
Police detain 630 soccer fans from Surabaya
Police detain 630 soccer fans from Surabaya JAKARTA (JP): City Police were holding about 630 soccer fans from Surabaya, East Java, for causing trouble, ranging from robbery and extortion to stealing food, a City Police official said.
Fri, 25 Jul 1997
Military police chief installed
Military police chief installed JAKARTA (JP): Greater Jakarta Military Commander Maj. Gen. Sutiyoso installed Lt. Col. Subagya Jiwapraja, a former Bogor Military Police detachment commander, as the new detachment commander of the Jakarta Military Garrison yesterday.Subagya replaced Lt. Col.
Fri, 25 Jul 1997
Colonizers owe colonized
Colonizers owe colonized I refer to the letter Colonizers that bad? (July 22). Colonialism is definitely a bad dream for Indonesians. Mr. Budi Setiawan must have read the same books I have.These books recount the pains our people endured a long time ago, about forced labor in Java introduced by the...
Fri, 25 Jul 1997
Where to go in Bali:
Where to go in Bali:Music 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 8.30 p.m.
Fri, 25 Jul 1997
National horse racing start
National horse racing start JAKARTA (JP): East Java and North Sulawesi will be battling hard to win the first leg of the 31st Soeharto Cup horse racing national championship at Pulo Mas track Sunday.Last year's champion North Sulawesi, which will host the second series of the Cup in September, has...
Fri, 25 Jul 1997
Intellect wins RI contract
Intellect wins RI contract PERTH (Reuter): Electronic commerce firm Intellect Holdings Ltd said it had signed a A$13 million contract to install 17,000 terminals in Indonesia.The company, which makes payment systems and smart card readers among other things, did not identify the other parties in...
Fri, 25 Jul 1997
Polysindo secured notes priced at 9.37 percent
Polysindo secured notes priced at 9.37 percent JAKARTA (JP): Indonesia's largest polyester producer, PT Polysindo Eka Perkasa, has announced the pricing of its guaranteed secured notes at a coupon of 9.37 percent.The spread of the US$250 million notes, rated Ba2/BB+, to the U.S.
Fri, 25 Jul 1997
AG office questios author over book criticisms
AG office questios author over book criticisms JAKARTA (JP): Author Wimanjaya Liotohe, a known government critic, was questioned at the Attorney General's Office yesterday over his book's criticism of the Soeharto administration.
Fri, 25 Jul 1997
Regional bankers prepare to tackle currency crisis
Regional bankers prepare to tackle currency crisis SHANGHAI (AFP): East Asian and Pacific central bankers began arriving here yesterday on the eve of a key annual meeting as Southeast Asian currencies faced further selling pressure.
Fri, 25 Jul 1997
Liberalization of ASEAN trade, markets sought
Liberalization of ASEAN trade, markets sought LOS ANGELES (AFP): Secretary of State Madeleine Albright said yesterday she will press Southeast Asian nations to liberalize their trade and financial markets.
Fri, 25 Jul 1997
Where to go in Surabaya:
Where to go in Surabaya:Music 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. Haztoria Band, Tuesday.
Fri, 25 Jul 1997
Debate on Salim Group's move continues
Debate on Salim Group's move continues JAKARTA (JP): The government sees the Salim Group's plans to sell Indocement's 50.1 percent stake in the world's largest noodle-maker to a Singapore-based bread-maker, QAF Ltd., as beneficial to the shareholders, a senior official said yesterday.
Fri, 25 Jul 1997
Though time for small-scale businesses
Though time for small-scale businessesBy Joko Sarwono BOGOR, West Java (JP): M. Soleh, 74, a small-scale entrepreneur and horticulturist dealing in plant seedlings from Bojong Gede subdistrict, complains that since 1990 his business has been quite sluggish.
Fri, 25 Jul 1997
Political motive could be behind currency flurries
Political motive could be behind currency flurries PETALING JAYA, Malaysia (JP): ASEAN countries expressed concern here yesterday over the currency flurry hitting several member states, with some suggesting that the crisis might be politically, not economically, motivated.
Fri, 25 Jul 1997
Rebels wants Ramos to hold second term
Rebels wants Ramos to hold second term Cotabato City, Philippines (DPA): The Philippines' largest remaining Moslem rebel group said yesterday it wants to see President Fidel Ramos hold a second term after 1998 despite constitutional restrictions to his reelection.
Fri, 25 Jul 1997
EEC unveils its Singa-1 gas flow
EEC unveils its Singa-1 gas flow SYDNEY (Reuter): Energy Equity Corp Ltd (EEC) said yesterday the Singa-1 exploration well in South Sumatera, Indonesia, flowed gas at the rate of 30.7 million standard cubic feet per day during a production test.
Fri, 25 Jul 1997
Rising military stars leads RI to democracy
Rising military stars leads RI to democracy YOGYAKARTA (JP): The rise of the younger generation to senior positions in the Armed Forces will help boost democratization in Indonesia, a retired general said yesterday.Former Kalimantan military commander Maj. Gen.
Fri, 25 Jul 1997
Bank Indonesia calls for vigilance over rupiah's falls
Bank Indonesia calls for vigilance over rupiah's falls JAKARTA (JP): The Indonesian rupiah weakened against the U.S. dollar yesterday, and the monetary authorities were tightening rupiah liquidity to ease speculation on the currency, dealers said.
Fri, 25 Jul 1997
ASEAN watches Cambodia
ASEAN watches CambodiaBy Santi WE Soekanto PETALING JAYA (JP): ASEAN signaled yesterday that Monday's meeting of the Cambodian National Assembly in Phnom Penh could be a benchmark for reconsidering the timing of Cambodia's entry into the grouping.
Fri, 25 Jul 1997
Outspoken justice changes career
Outspoken justice changes careerJP/leo JAKARTA (JP): Adi Andojo Sutjipto (left, picture above), a former whistle-blower and deputy chief justice, was installed as a dean at Trisakti University yesterday.He plans to share his knowledge with his students.
Fri, 25 Jul 1997
Japan makes strides in China oil quests
Japan makes strides in China oil quests TOKYO (Reuter): Japan's long-term quest to secure oil and gas reserves in Asia has gained considerable ground in recent weeks, analysts say.On Wednesday, it pocketed rights to a 7,400 square km (2,860 square mile) chunk of remote but potentially lucrative...
Fri, 25 Jul 1997
Local shipbuilders get contracts
Local shipbuilders get contracts JAKARTA (JP): The state-owned oil and gas company Pertamina signed contracts yesterday with two local shipbuilders to build four 6,500 dead weight ton (DWT) tankers worth US$60 million for the oil company's domestic operation.